The forging industry involves the manufacturing process where heated metal stocks are shaped by pressing, hammering or extruding. Forgings are crucial components used across industries such as automotive, oil & gas, construction and agriculture. Forgings offer advantages like high tensile strength, dimensional stability and durability. With lea
Electric Vehicle Power Inverters Market Set for Remarkable Growth Trends by 2024
The global electric vehicle power inverter market is a critical component of electric vehicles that convert the direct current (DC) power from the electric vehicle's battery into the alternating current (AC) power required to operate the electric motor. Electric vehicle power inverters facilitate efficient high power electric drive which provides s
The Machine Learning as a Service (MLaaS) Market is Booming Powered by Increased Adoption of Cloud-Based Services
MLaaS enables enterprises to build machine learning models on their own datasets without having to invest heavily in infrastructures or developing solutions in-house. MLaaS solutions help organizations leverage machine learning and artificial intelligence technologies for various applications like predictive analytics, image and speech recognition,