The global hydraulic pumps market size is anticipated to expand to USD 15.1 Billion by 2032 at a CAGR of 4.1%. The use of hydraulic pumps in major industries such as construction, automobile, oil & gas, mining, and agriculture, among others, is the major factor driving its global demand. Moreover, with the advancements in IoT and automation, the rising demand for smart & energy-efficient hydraulic pumps is set to surge the market growth for the global hydraulic pumps market in the upcoming...
The global metaverse in healthcare market size is anticipated to expand to USD 149.2 Billion by 2031 at a CAGR of 41.1%. There are multiple factors that lead to the expanding integration of metaverse technology in healthcare, pointing to a future of more accessible, personalised, and effective medical care. As technology advances, the metaverse in healthcare is primed for rapid expansion, providing creative solutions to improve medical education, patient care, and healthcare...
The global bionic contact lenses market size is expected to expand to USD 1.1 Billion by 2031 at a CAGR of 14.5%. The rising demand from the healthcare industry is the major factor driving the global market for bionic contact lenses. Moreover, with the advancements in nanotechnology and microelectronics, bionic contact lenses have the potential to transform various other industries such as gaming, military, and education, among others, and is set to surge its market growth in the upcoming...
The global solar energy market size is anticipated to expand to USD 154.5 Billion by 2031 at a CAGR of 7.2%. Government support around the globe and the rising need for clean energy are major factors driving the global solar energy market, contributing to its rapid global expansion and adoption. With multiple solar-powered EV charging stations and solar farms to be planted in the upcoming years, the global solar energy market is set to surge in the near future.
One of the key factors that...
The global agriculture 4.0 market size is anticipated to expand to USD 145.5 Billion by 2031 at a CAGR of 11.7%. The rising demand for food, coupled with the use of advanced technologies such as artificial intelligence (AI) and the Internet of Things (IoT), are the major factors driving the global agriculture 4.0 market. Moreover, the advancements in robotics and automation for self-sufficient farming equipment, along with the blockchain application in agriculture, are set to surge the...
The global vegan protein powder market size is anticipated to expand to USD 8.3 Billion by 2031 at a CAGR of 8.2%. With growing popularity of plant-based diets, and added flavor & texture in vegan protein powders, the global market for vegan protein powder has surged in the past few years. With evolving protein extraction & fermentation technologies the market is set to expand in the upcoming years as well.
The market for vegan protein powder has been expanding significantly for the past few...
The global bioplastic packaging market size is anticipated to expand to USD 63.2 Billion by 2031 at a CAGR of 17.8%. The bioplastic packaging industry is quickly growing, propelled by rising environmental consciousness, regulatory laws, technical breakthroughs, altering consumer tastes, and business sustainability pledges. With sustained investment in research, supporting government policies, and rising consumer demand, the bioplastic packaging industry is expected to expand significantly in...
The global airless packaging market is anticipated to reach USD 10.4 Billion by 2031, at a CAGR of 6.7%. The major factors that drive the growth of the global airless packaging market are rising demand by the cosmetics and personal care industry, shift towards sustainable packaging solutions, technological advancements in packaging, demand for long shelf-life products and hygiene, regulations, and growth of e-commerce. With innovative designs, better barrier technology, and advanced...
The global 3D machine vision market is anticipated to reach USD 19.3 Billion by 2031, at a CAGR of 15.1%. The major factors that drive the growth of the global 3D machine vision market are increased automation, rising demand for quality control, technological advancement, emergence of smart manufacturing, expanding applications across industries, and need for enhanced robotics. The 3D machine vision solutions are rapidly gaining acceptance owing to the synergy between the regulatory...
The global extruders market size is anticipated to expand to USD 14.5 Billion by 2031 at a CAGR of 4.7%. The heavy demand from various industries, such as construction, packaging, and automobile, among others, is the major factor driving the global extruders market. Moreover, the integration of automation in extrusion processes, through the advancements in AI and IoT, is set to surge the global extruders market in the upcoming years.
In the past few decades, there have been advances in...
