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Armored Vehicles Companies - Rheinmetall AG (Germany) and GENERAL DYNAMICS (US) are the Key PlayersThe armored vehicles market is valued at USD 51.6 billion in 2024 and is projected to reach USD 60.7 billion by 2029, at a CAGR of 3.3% from 2024 to 2029. The armored vehicles market encompasses the production, sale, and maintenance of military vehicles designed to provide protection for personnel and equipment in combat situations. Key drivers fueling market growth include increasing defense budgets, geopolitical tensions, and technological advancements in vehicle protection and firepower. Major players in the market include General Dynamics Corporation, BAE Systems, Rheinmetall AG, Oshkosh Corp., and Hanwha Defense. These industry leaders drive innovation, technology development, and global market competition, shaping the landscape of wheeled armored vehicle procurement and deployment. ...... Read More |
May 3, 2024 |
Lynas Rare Earths Ltd. (Australia) and Australian Strategic Materials Ltd. (Australia) are Leading Players in the Rare Earth Metals MarketThe rare earth metal market size is projected to grow from USD 6.0 billion in 2024 and is projected to reach USD 10.9 Billion by 2029, at a CAGR of 12.6%. The rare earth metals market is witnessing a significant surge, largely propelled by the rising demand for these elements in permanent magnet applications. As these materials become increasingly integral to various industries, especially in technologies like electric vehicles and wind turbines, their importance continues to grow. The Asia Pacific region, particularly China, stands out as the fastest-growing market due to its substantial production and consumption levels. This trend is expected to persist as China maintains its dominant position in the global rare earth metals market. Over the next five years, this dynamic is likely to remain a key driver, shaping the market's trajectory and fueling further growth. ...... Read More |
May 3, 2024 |
Sterilization Equipment Industry - Emerging Growth Trends and Their Impact on Industry, GloballyThe global sterilization equipment market is valued at an estimated USD 16.8 billion in 2024 and is projected to reach USD 24.7 billion by 2029, at a CAGR of 7.9% during the forecast period. The sterilization equipment market is driven by the growing number of surgeries, rising incidence of hospital-acquired infections (HAIs) and increasing outsourcing of sterilization services among pharmaceutical companies, medical device manufacturers, and hospitals. According to the World Health Organization (WHO), of every 100 hospitalized patients at any given time, seven patients in developed countries and ten patients in developing countries acquire at least one healthcare-associated or hospital-acquired infection. Sterilization equipment is crucial for preventing and controlling the spread of such infections hence supporting the overall market growth. ...... Read More |
May 3, 2024 |
Sterilization Equipment Market Size & Share - Global Future Growth ExpectationsThe global sterilization equipment market is valued at an estimated USD 16.8 billion in 2024 and is projected to reach USD 24.7 billion by 2029, at a CAGR of 7.9% during the forecast period. The sterilization equipment market is driven by the growing number of surgeries, rising incidence of hospital-acquired infections (HAIs) and increasing outsourcing of sterilization services among pharmaceutical companies, medical device manufacturers, and hospitals. According to the World Health Organization (WHO), of every 100 hospitalized patients at any given time, seven patients in developed countries and ten patients in developing countries acquire at least one healthcare-associated or hospital-acquired infection. Sterilization equipment is crucial for preventing and controlling the spread of such infections hence supporting the overall market growth. ...... Read More |
May 3, 2024 |
Organic Soy Protein Isolates Market - Emerging Trends and Industry EvolutionThe organic soy protein isolates market, currently valued at USD 197 million in 2024 and poised to achieve a 5.4% CAGR, reaching USD 257 million by 2029, is experiencing transformative shifts and innovations. The organic soy protein market represents a dynamic and diverse sector within the food industry, encompassing products like organic soy protein isolate. In recent times, there has been a consistent surge in the demand for organic soy protein products, driven by various factors, and this upward trajectory appears to continue. ...... Read More |
May 3, 2024 |
Patient Monitoring Devices Industry - Impact of Emerging Trends on Future GrowthThe patient monitoring devices market is projected to reach USD 71.1 billion by 2029 from USD 48.5 billion in 2024, growing at a CAGR of 8.0% during the forecast period. Growth in the patient monitoring market is mainly due to an increase in demand for biosensors, remote patient monitoring, Growing investments and patient benefits such as early detection of disease for treatment. ...... Read More |
May 3, 2024 |
Patient Monitoring Devices Market Size & Share - Global Future Growth ExpectationsThe patient monitoring devices market is projected to reach USD 71.1 billion by 2029 from USD 48.5 billion in 2024, growing at a CAGR of 8.0% during the forecast period. Growth in the patient monitoring market is mainly due to an increase in demand for biosensors, remote patient monitoring, Growing investments and patient benefits such as early detection of disease for treatment. ...... Read More |
May 3, 2024 |
Bakery Premixes Market Size & Share - Future Growth ExpectationsThe bakery premixes market is expected to reach USD 544 million in 2028 from USD 406 million in 2023, at a CAGR of 6.0% during the forecast period. A major advantage of bakery premixes is the convenience and time-saving benefits they offer. For home bakers, premixes eliminate the need to measure out multiple ingredients, simplifying the baking process and reducing the risk of errors. For commercial bakers, premixes can streamline production processes, leading to increased efficiency and output. ...... Read More |
May 3, 2024 |
Small Modular Reactor Market Size & Share - Future Growth ExpectationsThe small modular reactor market is estimated to be USD 5.8 billion in 2023 to USD 6.8 billion by 2030, at a CAGR of 2.3% during the forecast period. The factors that drive the market growth include versatile nature of nuclear power and modularization of SMRs. SMRs offer the potential for improved economics. Their smaller scale and standardized designs can lead to cost savings in manufacturing, construction, and maintenance. The modular nature of SMRs enables phased deployment, reducing upfront capital costs and allowing for incremental capacity expansion based on demand. ...... Read More |
May 3, 2024 |
Small Modular Reactor Industry - Emerging Growth Trends and Their Impact on Industry, GloballyThe global small modular reactor market is valued at an estimated USD 5.8 billion in 2024 and is projected to reach USD 6.8 billion by 2030, at a CAGR of 2.3% during the forecast period. With a growing global population and increasing energy needs, there's a continuous demand for reliable and affordable electricity. SMRs offer a scalable solution to meet this demand, providing a stable source of low-carbon energy. Additionally, SMRs enhance energy security by diversifying the energy mix and reducing reliance on fossil fuels, thereby mitigating supply chain risks and geopolitical tensions. ...... Read More |
May 3, 2024 |
Bakery Premixes Industry - Forthcoming Trends to Fuel the Global GrowthThe bakery premixes industry is expected to reach USD 544 million in 2028 from USD 406 million in 2023, at a CAGR of 6.0% during the forecast period. A major advantage of bakery premixes is the convenience and time-saving benefits they offer. For home bakers, premixes eliminate the need to measure out multiple ingredients, simplifying the baking process and reducing the risk of errors. For commercial bakers, premixes can streamline production processes, leading to increased efficiency and output. ...... Read More |
May 3, 2024 |
Home Healthcare Industry - Emerging Growth TrendsThe global home healthcare market is projected to reach USD 383.0 Billion by 2028 from USD 250.0 Billion in 2023, at a CAGR of 8.9% during the forecast period Growth in this market is primarily driven by expansial growth in the old age population, and the rising incidence of chronic diseases. ...... Read More |
May 3, 2024 |
Remote Power Panel Industry - Emerging Growth Trends and Their Impact on Industry, GloballyThe global remote power panel market is projected to reach USD 1.4 billion by 2028 from an estimated USD 1.1 billion in 2023, at a CAGR of 4.8% during the forecast period. Factors such as increased investments in colocation and hyperscale data centers which is driving the need for power distribution components for proper functioning and monitoring. The increasing demand for electricity in remote places, technological breakthroughs in renewable energy, and the necessity of dependable power sources for key applications have all contributed to the steady growth of the remote power panel market. ...... Read More |
May 3, 2024 |
Home healthcare Market Size & Share - Global Future Growth ExpectationsThe global home healthcare market is projected to reach USD 383.0 Billion by 2028 from USD 250.0 Billion in 2023, at a CAGR of 8.9% during the forecast period Growth in this market is primarily driven by expansial growth in the old age population, and the rising incidence of chronic diseases. ...... Read More |
May 3, 2024 |
Automotive Brake System Industry - Forthcoming Trends to Fuel the Global GrowthThe automotive brake system market is estimated to grow from USD 23.5 billion in 2023 to USD 30.1 billion by 2028, at a CAGR of 5.1% during the forecast period. The base year for the report is 2022, and the forecast period is 2023 to 2028. The market is expected to witness rapid growth with the implementation of safety standards in developing countries, particularly China, India, Brazil, etc. Also, the popularity of disc brakes over drum brakes due to their technical benefits drives the automotive brake system market. Further, the growing implementation of country-wise new car assessment programs is anticipated to drive safety features such as electronic braking systems. Lastly, growing sales of premium and luxury vehicles are boosting the electronic braking system market. ...... Read More |
May 3, 2024 |
Sweeteners Market Size & Share - Future Growth ExpectationsThe sweeteners market is forecasted to achieve a value of USD 125.1 billion by 2028, marking a notable increase from USD 107.2 billion in 2023, with a CAGR of 3.1% during the 2023-2028 forecast period. This growth is attributed to the wide-ranging applications of sweeteners across industries such as food, beverage, personal care, and pharmaceuticals. ...... Read More |
May 3, 2024 |
Biostimulants Market - Emerging Trends and Industry EvolutionThe biostimulants market is projected to reach USD 7.6 billion by 2029 from USD 4.3 billion by 2024, at a CAGR of 12.0% during the forecast period in terms of value. Biostimulants contain substances that stimulate plant growth, enhance nutrient uptake, and improve stress tolerance, leading to higher crop yields and improved quality. Farmers are increasingly adopting biostimulants to maximize their crop productivity and profitability. Many biostimulants are derived from natural sources and are compatible with organic farming practices. They offer organic growers effective tools to enhance crop productivity and resilience while adhering to organic certification standards. ...... Read More |
May 3, 2024 |
In Vitro Diagnostics Industry - Emerging Trends Making Great ImpactThe global in vitro diagnostics market is projected to reach USD 119.4 billion by 2029 from USD 85.2 billion in 2024, at a CAGR of 6.9% during the forecast period. Factors such as the rising demand for point-of-care testing, and growing preference for personalized medicine, will boost the growth of the In vitro diagnostics market. According to the National Centre for Biotechnology Information (NCBI), Point-of-Care Testing (POCT) is clinical laboratory testing conducted close to the site of patient care where care or treatment is provided. POCT provides rapid turnaround of test results with the potential to generate a result quickly so that appropriate treatment can be undertaken. ...... Read More |
May 3, 2024 |
Kombucha Market - Emerging Trends and Industry EvolutionThe kombucha market is estimated at USD 2.4 billion in 2024 and is projected to reach USD 5.9 billion by 2029, at a CAGR of 19.4 % from 2024 to 2029. The growth of the kombucha industry has been fueled by various factors. Firstly, its perceived health benefits, including probiotic properties that promote gut health, have attracted health-conscious consumers seeking functional beverages. Additionally, as people become more mindful of sugar consumption, kombucha's low-sugar content serves as a healthier alternative to sweetened beverages. The beverage's diverse range of flavors caters to varying tastes, while its vegan and gluten-free nature aligns with dietary preferences. Moreover, kombucha's sustainability and environmental friendliness appeal to consumers concerned about the ecological impact of their choices. ...... Read More |
May 3, 2024 |
Bottled Water Processing Industry - Forthcoming Trends to Fuel the Global GrowthThe bottled water processing market includes both the bottled water market and the bottled water equipment market. In 2023, the bottled water equipment market is estimated to be worth USD 7.2 billion, with a projected growth to USD 9.5 billion by 2028, reflecting a compound annual growth rate (CAGR) of 5.7%. Meanwhile, the bottled water market is valued at USD 311.1 billion in 2023 and is expected to reach USD 457.1 billion by 2028, with a CAGR of 8.0% during the forecast period from 2023 to 2028. ...... Read More |
May 3, 2024 |
Automotive Brake System Market Size & Share - Future Growth ExpectationsThe automotive brake system market is estimated to grow from USD 23.5 billion in 2023 to USD 30.1 billion by 2028, at a CAGR of 5.1% during the forecast period. The base year for the report is 2022, and the forecast period is 2023 to 2028. The market is expected to witness rapid growth with the implementation of safety standards in developing countries, particularly China, India, Brazil, etc. Also, the popularity of disc brakes over drum brakes due to their technical benefits drives the automotive brake system market. Further, the growing implementation of country-wise new car assessment programs is anticipated to drive safety features such as electronic braking systems. Lastly, growing sales of premium and luxury vehicles are boosting the electronic braking system market. ...... Read More |
May 3, 2024 |
In Vitro Diagnostics Market Size & Share - Global Future Growth ExpectationsThe global in vitro diagnostics market is projected to reach USD 119.4 billion by 2029 from USD 85.2 billion in 2024, at a CAGR of 6.9% during the forecast period. Factors such as the rising demand for point-of-care testing, and growing preference for personalized medicine, will boost the growth of the In vitro diagnostics market. According to the National Centre for Biotechnology Information (NCBI), Point-of-Care Testing (POCT) is clinical laboratory testing conducted close to the site of patient care where care or treatment is provided. POCT provides rapid turnaround of test results with the potential to generate a result quickly so that appropriate treatment can be undertaken. ...... Read More |
May 3, 2024 |
Collagen Market Size & Share - Future Growth ExpectationsThe collagen market size valued at USD 5.1 billion in 2023, is experiencing significant growth and is projected to reach USD 7.4 billion by 2030, with a robust compound annual growth rate (CAGR) of 5.3% during this period. This growth is driven by several factors, including increasing demand for collagen due to health and wellness trends, an aging population seeking solutions for age-related issues, the beauty and cosmetics sector's reliance on collagen for anti-aging products, and the incorporation of collagen into functional foods and beverages to meet nutritional needs. ...... Read More |
May 3, 2024 |
AICA Kogyo Co., Ltd (Japan) and Hexion (US) are Leading players in the Engineered Wood Adhesives MarketThe global engineered wood adhesives market size is projected to grow from USD 8.7 billion in 2024 to USD 10.5 billion in 2029, at a CAGR of 3.7%. The propulsion of this market growth is largely attributed to the burgeoning demand from the wooden house construction sector. ...... Read More |
May 2, 2024 |
Generator Industry - Set to Reach New Heights in Response to Increasing Energy NeedsThe generator market is expected to reach USD 34.5 billion in 2030 from USD 23.1 billion in 2023, at a CAGR of 5.9% during the forecast period. The major factors driving the growth of this market include the uninterrupted power supply, industrialization, urbanization, and population growth, has led to a significant increase in power generation capacity worldwide. ...... Read More |
May 2, 2024 |
Generator Market Size & Share - Future Growth ExpectationsThe generator market is expected to reach USD 34.5 billion in 2030 from USD 23.1 billion in 2023, at a CAGR of 5.9% during the forecast period. ...... Read More |
May 2, 2024 |
Diesel Generator Industry - Emerging Trends to Fuel the Global GrowthThe global diesel generator market is expected to grow from an estimated USD 17.9 billion in 2024 to USD 23.4 billion by 2029, at a CAGR of 5.4% during the forecast period. Diesel generators are known for their long lifespan and robust construction, which enable them to run continuously during emergencies for longer periods of time. Diesel generators are essential because they provide reliable and constant source of electricity during power outages and emergencies. ...... Read More |
May 2, 2024 |
EV Charging Station Industry - Trends and Insights in the EV Charging Infrastructure IndustryThe EV Charging Station market is projected to grow from USD 7.3 billion in 2024 to USD 12.1 billion by 2030, at a CAGR of 8.8%. The demand for EV Charging solutions is expected to increase significantly, driven by government policies and subsidies to expedite the setup of EV charging infrastructure. The limited driving range of EVs further highlights the need for vast charging infrastructure development. Additionally, the decreasing price of EVs in the global market is anticipated to fuel both EV sales and the demand for EV charging stations. Innovations such as vehicle-to-grid (V2G) EV charging stations will also drive the EV charging station market. ...... Read More |
May 2, 2024 |
Sweeteners Industry - Forthcoming Trends to Fuel the Global GrowthThe global sweeteners market is anticipated to achieve a valuation of USD 125.1 billion by 2028, up from USD 107.2 billion in 2023, marking a Compound Annual Growth Rate (CAGR) of 3.1% during the forecast period spanning from 2023 to 2028. This growth trajectory is attributed to the widespread use of sweeteners across diverse sectors, including food, beverage, personal care, and pharmaceuticals. Sweeteners play a pivotal role in the food industry by enhancing the taste and sweetness of various products such as bakery items, confectioneries, and dairy products. ...... Read More |
May 2, 2024 |
EV Charging Station Size & Share - Future Growth ExpectationsThe EV Charging Station market is projected to grow from USD 7.3 billion in 2024 to USD 12.1 billion by 2030, at a CAGR of 8.8%. The demand for EV Charging solutions is expected to increase significantly, driven by government policies and subsidies to expedite the setup of EV charging infrastructure. The limited driving range of EVs further highlights the need for vast charging infrastructure development. Additionally, the decreasing price of EVs in the global market is anticipated to fuel both EV sales and the demand for EV charging stations. Innovations such as vehicle-to-grid (V2G) EV charging stations will also drive the EV charging station market. ...... Read More |
May 2, 2024 |
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