The global market size in terms of revenue for lithium-air batteries is expected to expand to USD 17.8 Billion by 2030 at an 8.7% CAGR over the forecast period. The rise in the automobile industry and its use in heavy and light vehicles is the major factor driving the global lithium-air battery market. The rise in the global electric vehicle market has driven the growth of the lithium-air battery market in the past few years. The lithium-air battery has heavy potential to be used in robots...
The global smart glass market is expected to expand to USD 15.7 Billion by 2030 at a 9.8% CAGR over the forecast period. With the technological advancements in the smart glass industry, smart glasses can now flip between both transparent and opaque states, which has a wide range of uses. Factors like expanding energy preservation drives, and glass innovation progress are driving business sector development for the global smart glass market. Apart from offices and homes; healthcare,...
The global temperature sensor market is expected to expand at a CAGR of 4.4% over the forecast period and is anticipated to reach USD 9.1 Billion by 2030. The increasing demand for temperature sensors in various industries such as oil and gas, healthcare, and consumer electronics, coupled with technological advancements in temperature sensing technologies are the major driving factors for the entire temperature sensor market and are anticipated to fuel the market growth in the forecast...
The global agriculture drone market size is anticipated to reach USD 21.5 Billion in 2030 at a CAGR of 32% over the forecast period. The market for agriculture drones has been growing rapidly in recent years, driven by advancements in technology and the increasing demand for precision agriculture; and has revolutionized the agricultural sector. Agriculture drones are being widely adopted by farmers as they provide accurate and efficient solutions to monitor crop health, detect pests and...
The global mining equipment market size is expected to expand to USD 183.5 Billion by 2030 at a 5.18% CAGR over the forecast period. The global mining equipment industry involves the production and sale of machinery and tools used in extracting minerals and metals from the earth. It encompasses a wide range of equipment, including excavators, drills, crushers, and other specialized machinery. This industry is closely tied to the mining sector, which supplies the demand for metals and...
The global electric bus market size is anticipated to expand at a CAGR of 17.8% over the forecast period and reach USD 65.7 Billion in 2030. The governments of various countries are adopting electric buses and are promoting the sustainable transportation drive. Many governments have implemented various policies and regulations to encourage the adoption of electric buses. The main aim of these policies is to reduce greenhouse gas emissions and improve air quality in urban areas. China in...
The global commercial drone market size was valued at USD 19.95 Billion in 2022 and is expected to expand at a CAGR of 8.1% over the forecast period and reach USD 45.1 Billion in 2030. This dramatic rise is owed to the growing use of drones, supported by ongoing technological improvement in industries including precision agriculture, construction, logistics, and public safety. This spread has been fueled by significant developments including the incorporation of artificial intelligence,...
The global gaming chair market size is expected to expand to USD 2.1 Billion by 2030 at a 6.4% CAGR over the forecast period. The gaming chair industry is expanding rapidly and can be distinguished by a dynamic and competitive environment. The industry of gaming has grown in prominence as a result of the rising popularity of gaming streams on video-sharing platforms such as YouTube, the demand for immersive gaming experiences, and the increasing understanding of the value of maintaining good...
The alpaca fiber market size is anticipated to expand to USD 3.1 Billion by 2030 at a 3.3% CAGR over the forecast period. The potential for development in the alpaca fiber industry comes from both expanded production and rising consumer demand for alpaca fiber-based goods. The industry is growing in terms of output due to an increase in alpaca farming on a worldwide scale as farmers become more aware of the financial benefits of serving the fiber market. At the same time, increased consumer...
The market for polyester fiber is anticipated to expand to USD 195 Billion by 2030 at a 7.7% CAGR over the forecast period. The polyester material is a man-made fiber composed of polymerized ethylene glycol and terephthalic acid. It is a versatile and frequently utilized substance that is majorly found in the textile, packaging, and construction sectors, among others. The growth is attributed to the increasing demand for polyester fiber in the apparel and home textiles industry, as well as...
