Corporate Social Responsibility (CSR) has become a cornerstone of modern business ethics, driving companies to contribute toward the welfare of society while maintaining sustainable growth. In India, the introduction of the Companies Act, 2013, marked a turning point — making CSR not just a voluntary act of goodwill, but a mandatory obligation for eligible companies. … Read more
IntroductionThe shore power market is witnessing robust growth as global ports, ships, and naval bases shift toward cleaner and more sustainable energy practices. Also known as cold ironing or alternative maritime power (AMP), shore power enables docked vessels to connect to the onshore electricity grid, allowing them to shut down their onboard diesel engines. This … Read more
IntroductionThe Micro Combined Heat and Power (MCHP) Market is witnessing significant growth as industries and residential sectors seek efficient, low-carbon energy solutions. MCHP systems simultaneously generate electricity and useful heat from a single fuel source, typically natural gas or biomass, maximizing energy efficiency and reducing waste. These systems are ideal for small-scale applications, including homes, … Read more
Global Automotive Brake Components Market Outlook 2025–2032 The Global Automotive Brake Components Market was valued at USD 24.36 billion in 2024 and is projected to reach nearly USD 33.03 billion by 2032, growing at a CAGR of 3.88% during the forecast period. Brake components, including brake pads, discs, drums, calipers, and master cylinders, are crucial for ensuring vehicle safety by providing controlled deceleration and … Read more
Global EV Test Equipment Market Outlook 2024–2030 The Global EV Test Equipment Market was valued at US$ 63.63 million in 2023 and is projected to reach US$ 301.74 million by 2030, growing at a remarkable CAGR of 24.9% during the forecast period. This rapid growth is being driven by the surging demand for electric vehicles (EVs), regulatory support for sustainable mobility, and advancements in EV … Read more
Every once in a while, a real-life story emerges that redefines perseverance and inspires millions. The journey of IPS Manoj Kumar Sharma is one such extraordinary tale—a story of a young man who turned failure into motivation, transforming from a Class 12 dropout into one of India’s most respected police officers. His story proves that … Read more
IntroductionThe Wind Turbine Gearbox Market plays a crucial role in the wind energy sector, as gearboxes convert the slow rotation of wind turbine blades into higher-speed rotations suitable for electricity generation. They are a vital component of the drivetrain, ensuring efficiency, reliability, and longevity of wind turbines. With the global push toward renewable energy, wind … Read more
IntroductionThe Distribution Automation Market is a cornerstone of the global effort to modernize electrical grids, ensuring higher reliability, efficiency, and flexibility in power distribution. Distribution automation (DA) involves using advanced monitoring, communication, and control technologies to manage distribution networks in real time. These systems help detect and isolate faults, optimize load flow, and improve overall … Read more
IntroductionThe Europe Australia Middle East Africa (EAMEA) Solar Tracker Market has been experiencing rapid growth as the demand for solar energy continues to rise across these regions. Solar trackers are systems that orient photovoltaic (PV) panels toward the sun to maximize energy capture throughout the day. They play a crucial role in increasing the efficiency … Read more
The Car Leasing Market size was valued at USD 93.52 Billion in 2024 and the total Car Leasing revenue is expected to grow at a CAGR of 7.8% from 2025 to 2032, reaching nearly USD 170.56 Billion. Car Leasing Market Report Overview: The aim of MMR’s Car Leasing Market report is to assist clients in making informed business decisions. … Read more