The global wind turbine components market is projected to expand by $47.7 billion from 2025 to 2029, driven by rapid growth in wind power and declining costs, according to a Technavio report. However, challenges related to materials, control systems, and storage may impact the industry’s trajectory.

The global autonomous vehicle market is accelerating rapidly, projected to expand from $46.3 billion in 2023 to over $300 billion by 2033. Technological advancements and a growing emphasis on commercial applications are steering this unprecedented growth.