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Showing posts from March, 2023

Transformers Market is estimated to be US$ 84.50 billion by 2030 with a CAGR of 7.3% during the forecast period

  Transformers Market accounted for US$ 42.0 billion in 2020 and is estimated to be US$ 84.50 billion by 2030 and is anticipated to register a CAGR of 7.3%. An electrical energy transfer device known as a transformer is a passive component that connects one or more electrical circuits to another. Transformers operate on the mutual induction theory as their fundamental tenet. Mutual induction is the phenomenon by which when the amount of magnetic flux linked with a coil changes, an E.M.F. is induced in the neighbouring coil.  Mineral oil & Synthetic oil are used in Transformers.  Transformers act as a bridge between the power generator & the primary distribution grid. The two main types of Transformers are Current Transformers (CTS) & Potential Transformers (PTS). Transformers are used to change AC voltage levels, such transformers being termed step-up or step-down type to increase or decrease voltage level. The growth in energy consumption in the industry has been driv

Quartz Market is estimated to be US$ 17.50 billion by 2030 with a CAGR of 6.5% during the forecast period

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  Quartz Market accounted for US$ 9.4 billion in 2020 and is estimated to be US$ 17.50 billion by 2030 and is anticipated to register a CAGR of 6.5%. “Quartz” is derived from the German word “Quarz”. Quartz is the crystalline form of silicon dioxide & second most abundant mineral in Earth’s crust after feldspar. Quartz is abundant in certain igneous rocks. It forms clear to grey or white lumpy blobs in granite & comprise most of silicate-rich or felsic igneous rocks. It is rare in more primitive basic or silica-poor igneous rocks such as basalt. Quartz can grow into stones made of tiny microcrystals. Quartz occurs in essential mineral in silica-rich felsic rocks as granites, granodiorites & rhyolites.   Quartz exists in two forms, the normal alpha quartz & beta quartz. Quartz are classified into gemstones. Variety of Quartz minerals are used in the making of jewelry & headstone carvings, especially in Eurasia. Quartz is extracted from open pit mines. Miners occ

Mobile Virtual Network Operator Market Size is US$ 118.32 billion by 2030 with CAGR of of 6.8%

  Mobile Virtual Network Operator Market   is projected to grow to US $61.9Bn in 2020.  The increasing number of penetration of mobile devices and the rise in mobile network subscribers which is the major propelling factor for the growth of the global market. For instance, Tesco Mobile in the United Kingdom, and Boost Mobile in the United States, have recognized that the mobile screen is a valuable channel in its own right, and can be monetized to deliver additional revenue to the business. Additionally, the increase in demand for the efficient cellular networks which is another driving factor for the growth of the target market. Moreover, the increasing penetration of 4G, 4G , and 5G technology will also transform the business models of mobile operators and MVNOs which is the boosting factor for the growth for the target market.   The report  "   Global Mobile Virtual Network Operator Market, By Operational Model (Reseller, Service Operator, Full MVNO (Mobile Virtual Network