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The superfast transport system market is estimated to be valued at $XX million in 2020 and is expected to reach $XX million by 2024, registering a CAGR of XX% between 2020 and 2024 when considering neutral scenario. The growth is mainly attributed to the successful development and implementation of superfast transport system in six trial phase projects. However, most of the countries are expected to be reluctant to invest in the superfast transport system market.
Fast charging system for light duty vehicles are currently the most advanced commercialized EV charging system and is commonly known as DC fast charger, which charges through approximately a 480V direct-current (DC) plug. These charging systems are designed to provide maximum charge to electric vehicles with minimum time and are capable of charging…Continue
The demand for agricultural robots is growing owing to the increasing applications in agriculture areas including precision crop farming, livestock monitoring and management, indoor farming, aquaculture, forestry, and orchards, among others. Farmers across the world are using autonomous tractors to reduce multiple trips for farm monitoring, further leading to reduction in crop damage, and fuel consumption. Moreover, there has been a surge in the utilization of milking robots by livestock…Continue
The global facial recognition market value is estimated to be $XX billion in 2018. The government application segment is accommodating a major share of the biometric market and is expected to grow over $XX billion by 2023 from an estimated value of $XX billion in 2018, because of an increase in the deployment of biometrics products in border security,…Continue