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Deveshguwal15 Dec, 2023Business
Powder Metallurgy Market is likely to grow from USD 2.52 billion in 2021 to USD 5.35 billion by 2028 at a CAGR of 11.26% during the forecast period of 2022-2028. Major factors such as increasing adoption of additive manufacturing coupled with the growing demand for lightweight components or parts in the aerospace, defense, and automotive sectors is expected to drive the growth of the market during the forecast period.
Deveshguwal15 Dec, 2023Business
Sheet and bulk molding compound market is likely to grow from USD 2.68 billion in 2021 to USD 4.72 billion by 2028 at an impressive CAGR of 8.27% during the forecast period. The global SMC and BMC market registered significant growth in the earlier few years, bearing high claim for lightweight and remarkable mechanical properties material, in the U.S., Germany, and emerging economies, such as Brazil, the Middle East, and China.
Deveshguwal15 Dec, 2023Business
The Vascular Access Device market is projected to grow from USD 3.98 billion in 2021 to USD 6.44 billion by 2028 at a CAGR of over 7.04% during the forecast period of 2022-2028. Rapidly growing incidence of lifestyle diseases across the globe and technological developments in medical therapies are likely to boost the market growth. Also, the surge in the number of chemotherapy procedures on account of soaring cancer cases worldwide further augments product usage.
Deveshguwal12 Dec, 2023Business
The GaN Based Power Device Market is estimated to grow from USD 119.3 million in 2020 to USD 719.7 million by 2026 at a healthy CAGR of 35.8% during the forecast period. The GaN-based power device market is mainly driven by surging demand for GaN in radio frequency equipment and growing product adoption in the telecommunication industry. In addition, rising demand for AC fast chargers, wireless power, and LiDAR, further bolster market growth.
Deveshguwal12 Dec, 2023Business
The unidirectional (UD) tape market is expected to move parallelly with the aerospace industry?s trajectory as the industry holds the lion?s share of the market. Our estimates suggest that the market is likely to take a nose-dive in 2020, followed by a steady path towards recovery in the next five years to reach an estimated value of US$ 3.1 billion in 2026.
Deveshguwal12 Dec, 2023Business
Automotive composites market size is projected to reach an estimated value of US$ 15.6 billion in 2024. In the coming five years, the growth rate of composites in automotive is likely to outpace the growth rate of the automotive industry, catching the significant attention of the industry stakeholders.
Deveshguwal11 Dec, 2023Business
Interactive kiosk market is likely to grow from USD 29.37 billion in 2022 to USD 42.39 billion by 2028 at a CAGR of 6.3% during the forecast period. Increasing efforts on enhanced shopping experience for the customers, cost minimization advantages over traditional outlets, and innovations in touch screen displays are expected to drive the interactive kiosk market during the forecast period.
Deveshguwal11 Dec, 2023Business
The growing focus on firefighter safety is driving up the sales of firefighter safety equipment, which is fueling the overall market growth as well as creating massive market opportunities in the coming years. Therefore, the market is anticipated to witness a growth at a promising CAGR of 4.8% in the long run to reach a value of US$ 3.1 Billion in 2027.
Deveshguwal07 Dec, 2023Business
Composites market is likely to grow from USD 90.22 billion in 2021 to USD 148.16 billion by 2028 at a CAGR of 7.26% during the forecast period of 2022-2028. The prime factor underpinning the demand for composites is the increasing penetration of lightweight materials in various end-use industries such as aerospace & defense, automotive, and wind energy, which is driving the growth of the market.
Deveshguwal07 Dec, 2023Business
Immersion cooling market is likely to grow from USD 317.1 million in 2022 to USD 1173.75 million by 2028 at an impressive CAGR of 24.37% during the forecast period of 2022-2028. High-density power consumption, increasing number of hyper-scale data centers, and the need for an effective and energy-efficient immersion cooling solution are likely to drive the growth of the immersion cooling market during the forecast period.
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