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Thursday, August 16, 2018

2 results for 'Ryan Shaw'

ITS Market $38.68 Billion by 2020

By Ryan Shaw, published on Apr 6, 2018

Global intelligent transportation system (ITS) market is estimated to attain USD 38.68 billion by 2020, as per a new research report by HexaResearch. Cost effectiveness along with escalating need for road safety is likely to boost global demand.

ATMS was the leading product segment and was valued USD 7,366.5 million in 2014. It is expected to witness significant gains, with estimate of USD 15,050.8 million by 2020 at a CAGR of 12.6% during the forecast period. It is used to minimize congestion and ensure proficient use of road space. ATPS was valued at USD 5,031 million in 2014,... (more)

Tags: its. transportation

Injection Molded Plastic Industry to Register 5% CAGR till

By Ryan Shaw, published on Feb 8, 2018

The global Injection Molded Plastic Market was valued at around USD 199.9 billion in 2015. It is expected to grow at a CAGR of approximately 5% during the forecast period (2016 - 2024). It will reach USD 296 billion by 2024. The growth of this market can be attributed to its growing demand in medical devices, home appliances, automotive, packaging, and electrical & electronic end-uses.

The molding process involves injecting molten plastic into molded products and solidifying them. The growth of this industry can be accredited to properties like heat resistance, pressure resistance,... (more)

Tags: injection moulded plastics

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