The global bearing market size was valued at USD 111.59 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 10.6% from 2023 to 2030. Bearings are virtually used in every kind of equipment or machinery, ranging from automobile parts, farm equipment, and hous...Read More »
February 15, 2024
The global water heater market size was estimated at USD 29.26 billion in 2023 and is anticipated to grow at a Compound Annual Growth Rate (CAGR) of 4.7% from 2024 to 2030. This growth is owing to the increasing hot water demand from various residential applications, including washing, bathing, cl...Read More »
February 15, 2024
The global cold chain market size was valued at USD 270.98 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 18.9% from 2024 to 2030. Changes in consumer preferences and growing e-commerce sales are expected to drive the growth of the market. An increasing number o...Read More »
February 14, 2024
The Europe generative AI market size was estimated at USD 2.42 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 35.8% from 2024 to 2030. Generative AI is a subset of artificial intelligence that focuses on creating new content, such as images, music, or text and h...Read More »
February 14, 2024
The U.S. UPF sun protective clothing market size was estimated at USD 706.3 million in 2023 and is anticipated to grow at a compound annual growth rate (CAGR) of 8.4% from 2024 to 2030. The market is expected to witness growth due to the rising prevalence of skin cancer in the U.S. Increasing awar...Read More »
February 14, 2024
The global indoor farming market size was valued at USD 37.9 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 13.2% from 2024 to 2030. Increasing consumer awareness regarding the advantages of consuming fresh and high-quality food is expected to drive the growth o...Read More »
February 14, 2024
The Europe MRO distribution market size was estimated at USD 210.02 billion in 2023 and is projected to grow at a compounded annual growth rate (CAGR) of 3.2% from 2024 to 2030. The increasing need for the development, maintenance, and repair of industrial equipment and services for industries in ...Read More »
February 14, 2024
The global farming as a service market size was valued at USD 4.09 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 15.0% from 2024 to 2030. Farming as a Service, generally abbreviated as FaaS, is a framework of professional services that offer a suite of agrarian...Read More »
February 14, 2024
The global filtration & drying equipment market size was estimated at USD 1.39 billion in 2023 and is projected to grow at a compounded annual growth rate (CAGR) of 8.5% from 2024 to 2030. The market's expansion can be primarily ascribed to the burgeoning food and beverages, pharmaceutical, an...Read More »
February 14, 2024
The global self-healing materials market size was estimated at USD 1.94 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 23.5% from 2024 to 2030. The market growth is attributed to the increasing demand for these materials from the construction, electronics, and ...Read More »
February 14, 2024
The global hydroponics market size was valued at USD 5.00 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 12.4% from 2024 to 2030. The rapid growth in this sector is linked to the expanding utilization of hydroponic systems in the indoor cultivation of vegetables...Read More »
February 14, 2024
The global alternative data market size was valued at USD 7.20 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 50.6% from 2024 to 2030. The key drivers attributed to market expansion include the significant increase in the types of alternative inf...Read More »
February 14, 2024
The U.S. steel merchant and rebar market size was estimated at USD 10.00 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 5.4% from 2024 to 2030. Increased focus on infrastructure development through public and private investments in the U.S. is likely to drive t...Read More »
February 14, 2024
The U.S. generative AI market size was estimated at USD 4.06 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 36.3% from 2024 to 2030. Generative artificial intelligence defines algorithms that can be used to create new content, including images, audio, code, text...Read More »
February 14, 2024
The global data center cooling market size was estimated at USD 18.65 billion in 2023 and is expected to grow at a compounded annual growth rate (CAGR) of 16.8% from 2024 to 2030. The increasing demand for energy-efficient data centers is anticipated to create lucrative growth opportunities for th...Read More »
February 14, 2024
The global ultraviolet disinfection equipment market size was estimated at USD 3,857.3 million in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2030. The rising demand for ultraviolet (UV) disinfection equipment in healthcare organizations is likely to b...Read More »
February 13, 2024
The global heat treating market size was estimated at USD 107.18 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 3.5% from 2024 to 2030. The rapid growth of the electric vehicle industry, coupled with the growing demand for metallurgical alterations to suit spec...Read More »
February 13, 2024
The global hyperspectral imaging systems market size was estimated at USD 14.13 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 10.7% from 2024 to 2030. The rising adoption of hyperspectral imagery systems in various sectors, such as R&D, healthcare, defense,...Read More »
February 13, 2024
The North America polyurethane processing machinery market size was estimated at USD 569.6 million in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 3.6% from 2024 to 2030. The increasing spending and rising number of vehicle owners in North America are expected to boost ...Read More »
February 13, 2024
The global glycerol monostearate (GMS) market size was estimated at USD 1.75 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2030. The growth is primarily driven by the increasing demand for bio-based emulsifiers and the growing awareness regar...Read More »
February 13, 2024