Thailand Elevator and Escalator Market Size & Growth Forecast Report 2026-2031 Featuring Key vendors - Otis, KONE, TK Elevator, Schindler, Mitsubishi, Hitachi, Hyundai, and Fujitec

Thailand's elevator and escalator market is projected to grow at a CAGR of 3.20% from 2025 to 2031, driven by urbanization and commercial infrastructure expansion. The market is dominated by established players like Otis, KONE, and Mitsubishi, which collectively hold over 75% market share, though Chinese manufacturers are gaining ground. Despite favorable demand fundamentals, the market faces pricing pressures and competitive challenges.

05/14/2026, 6:00 AM • GlobeNewswire

Saudi Arabia Elevator and Escalator Market Size & Growth Forecast Report 2026-2031 Featuring Key Vendors - Otis, KONE, TK Elevator, Schindler, Mitsubishi, Hyundai, Hitachi, Fujitec

Saudi Arabia's elevator and escalator market is projected to grow at a CAGR of 3.73% from 2025 to 2031, driven by urbanization, infrastructure projects like Neom, and rising tourism. However, the market faces headwinds from skilled labor shortages and rising construction costs. Top vendors Otis, KONE, and Schindler collectively control approximately 75% of the market.

05/14/2026, 5:56 AM • GlobeNewswire

Transformer Market Size to Surpass USD 125.68 Billion by 2035 | Research by SNS Insider

The global transformer market is expected to grow from USD 66.33 billion in 2025 to USD 125.68 billion by 2035, driven by industrialization, renewable energy expansion, and smart transformer adoption. Asia-Pacific leads with 45.30% of installations, while high manufacturing costs and regulatory complexities pose challenges to market growth.

02/27/2026, 5:00 AM • GlobeNewswire

Heat Pump Water Heater Market to Hit $10.2 Billion at 14.4% CAGR through 2028 | MarketsandMarkets™

The global Heat Pump Water Heater Market is expected to grow from USD 5.2 billion in 2023 to USD 10.2 billion by 2028, at a CAGR of 14.4%. Growth is driven by government policies promoting energy efficiency, renewable energy integration, IoT technology adoption, and increasing consumer incentives. Air-to-air systems and residential applications are expected to lead market expansion.

02/24/2026, 6:30 PM • GlobeNewswire

Factory Automation Sensor Industry Research 2025 - Global Market Size, Share, Trends, Opportunities, and Forecasts, 2020-2024 & 2025-2030

The global factory automation sensor market is projected to grow from USD 23.46 billion in 2024 to USD 38.98 billion by 2030, driven by Industry 4.0 adoption and smart manufacturing initiatives. Key trends include smart sensor integration and IoT connectivity, though high initial costs and integration complexities remain significant barriers, particularly for SMEs.

01/28/2026, 4:54 AM • GlobeNewswire

HVDC Converter Station Market Size to Surpass USD 20.22 Billion by 2033 | Research by SNS Insider

The U.S. HVDC Converter Station Market is projected to grow at a 6.49% CAGR from USD 1.28 billion in 2025 to USD 2.10 billion by 2033, driven by modernization of transmission infrastructure, renewable energy integration, and cross-border power projects. The global market is estimated at USD 13.08 billion in 2025 and expected to reach USD 20.22 billion by 2033 at a 5.63% CAGR. Key growth drivers include increasing renewable energy adoption and long-distance power transmission needs, though high capital investments and complex technology present market challenges.

01/12/2026, 3:36 AM • GlobeNewswire

Power Semiconductor Market is expected to generate a revenue of USD 43.03 Billion by 2032, Globally, at 2.37% CAGR: Verified Market Research®

The global power semiconductor market is projected to grow from USD 35.68 billion in 2024 to USD 43.03 billion by 2032 at a CAGR of 2.37%. Growth is driven by EV adoption, renewable energy expansion, and industrial automation, though challenges include high costs of advanced materials like SiC and GaN, supply chain disruptions, and manufacturing complexity. Asia-Pacific dominates the market.

01/11/2026, 10:18 AM • GlobeNewswire

Physiotherapy Equipment Market is expected to generate a revenue of USD 14.88 Billion by 2031, Globally, at 6.6% CAGR: Verified Market Research®

The global physiotherapy equipment market is projected to grow at a CAGR of 6.6% from 2024 to 2031, reaching USD 14.88 billion by 2031 from USD 8.92 billion in 2024. Growth is driven by increasing chronic diseases, aging populations, technological advancements including robotic rehabilitation devices and AI-driven therapy equipment, and rising demand for home-based healthcare solutions. However, high equipment costs, limited access to skilled professionals, and regulatory challenges pose significant obstacles to market expansion.

01/10/2026, 10:45 AM • GlobeNewswire

Electric Powertrain Market is expected to generate a revenue of USD 211.7 Billion by 2032, Globally, at 13.20% CAGR: Verified Market Research®

The global electric powertrain market is projected to grow at a CAGR of 13.20% from 2026 to 2032, reaching USD 211.7 billion by 2032, up from USD 85.71 billion in 2024. Growth is driven by rising EV adoption, technological advancements, and government incentives, though challenges include high initial costs, limited charging infrastructure, and battery performance concerns. Asia-Pacific leads the market, followed by North America and Europe.

01/08/2026, 10:59 PM • GlobeNewswire

STATCOM Market Size to Surpass USD 1.24 Billion by 2033 | Research by SNS Insider

The U.S. STATCOM market is expected to grow at a CAGR of 6.69% through 2033, driven by renewable energy integration, grid modernization, and voltage stabilization demands. However, high initial capital investments pose adoption challenges. IGBT-based technology and medium-power systems currently dominate, while high-power STATCOM and renewable energy applications are expected to see fastest growth.

01/08/2026, 6:00 AM • GlobeNewswire

Japan Packaging Machinery Market Worth USD 5.04 Bn by 2034

The global Japan packaging machinery market is projected to grow from USD 2.97 billion in 2025 to USD 5.04 billion by 2034, driven by automation, technological innovation, sustainability trends, and increasing demand across food, pharmaceutical, and e-commerce industries.

10/24/2025, 10:00 AM • GlobeNewswire

Europe Automotive Actuators Market Report 2025-2033, Competitive Analysis of Robert Bosch, Nidec, Denso, Johnson Electric, Mitsubishi Electric, CTS, Hitachi, Aptiv

The European automotive actuators market is projected to grow from $7.75 billion in 2024 to $13.20 billion by 2033, driven by rising electric vehicle demand, autonomous driving technology advancements, and increasing consumer interest in safety and comfort features.

10/09/2025, 9:00 AM • GlobeNewswire

Power Transformer Market Size Projected to Grow $41.62 billion by 2030 | MarketsandMarkets™

The global power transformer market is projected to grow from $30.38 billion in 2025 to $41.62 billion by 2030, driven by increasing electricity demand, renewable energy integration, and grid modernization efforts.

09/28/2025, 8:30 PM • GlobeNewswire

Electric Vehicle Motor Communication Controller Market Worth USD 3540.67 Mn by 2034

The global electric vehicle motor communication controller market is expected to expand from USD 1119.52 million in 2026 to USD 3540.67 million by 2034, with a CAGR of 15.48%. Growth is driven by increasing EV adoption, efficient power management needs, and technological advancements in communication controllers.

09/22/2025, 10:00 AM • GlobeNewswire

United Kingdom Factory Automation and Industrial Control Systems Market 2025-2034 Featuring Analysis of Key Players Emerson Electric, Siemens, Schneider Electric, Mitsubishi Electric, and Yokogawa Electric

The UK factory automation market is projected to grow from $16 billion in 2024 to $42.26 billion by 2034, with a 10.20% CAGR, driven by manufacturing sector expansion, technological advancements, and increasing demand for manufacturing execution systems.

09/19/2025, 12:36 PM • GlobeNewswire