Shubham Patidar
Growing share of $101bn driver alert systems market revenue driven by passenger cars
A market research and competitive intelligence provider’s market intelligence report states the global driver alert system market is expected to exceed US$101 billion (€86.98 billion) by registering a healthy compound annual growth rate (CAGR) of 14% in the forecast period 2021-2031.
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Spiralling AGV sales shaping future of intralogistics market
The global intralogistics market is expected to surge at a compound annual growth rate (CAGR) of 15.5% from 2020 to 2030. According to a study by Fact.MR, the market burgeoned at a spritely rate of 14.3% over the last five years owing to globally “transcendent demand for increased productivity & efficiency across industries”.
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