Mining Machinery Market Set to reach $32.8 billion by 2030
The mining machinery market is projected to grow from USD 24.8 billion in 2023 to USD 32.8 billion by 2030, at a CAGR of 4.1%. The mining machinery market is being propelled by a range of factors driving widespread adoption at the global level. The rise in the extraction of minerals, metals, and coal from mines is majorly contributing to the growth of the mining machinery market. Apart from this,...
Unleashing Efficiency; How Lab Automation is Transforming Scientific Workflows
Introduction
In the fast-paced world of scientific research and discovery, time and precision are of the essence. Laboratories across the globe are constantly seeking ways to optimize their workflows, reduce manual errors, and enhance overall efficiency. This quest for progress has led to the rapid growth of the Lab Automation Market, offering innovative solutions that redefine the way science...
Seaweed Protein Market to Witness Unprecedented Growth in Coming Years
Seaweed protein refers to the protein content derived from various types of edible seaweeds, which are marine plants that grow in the ocean. Seaweeds are known for their nutritional value, and they have been consumed as a food source in many cultures around the world for centuries. They are particularly popular in Asian cuisines, where they are used in dishes such as sushi, seaweed salads, and various...
Bakery Processing Equipment Market Size, Share, Growth
The global bakery processing equipment market size was valued at USD 11.6 billion in 2021 and is projected to reach USD 14.8 billion by 2026, growing at a CAGR of 5.1% during the forecast period. The growth of the bakery processing equipment market is attributed to the increasing trade of food processing equipment among countries such as Mexico, Brazil, Argentina, the UAE, India, and China....
Controlled-release Fertilizers Market Size, Share, Industry Analysis, and Forecast
According to a research report “Controlled-release Fertilizers Market by Type (Slow Release, Coated and Encapsulated, Nitrogen Stabilizers), End Use (Agricultural and Non-Agricultural), Mode of Application (Foliar, Fertigation, Soil), and Region – Global Forecast to 2028″ published by MarketsandMarkets, the controlled release fertilizers market was estimated at USD 2.2 billion in...
Advancing Eye Care: The Evolving Landscape of Ophthalmic Equipment Market
Increasing government initiatives to control visual impairment, technological advancements in ophthalmic devices, and the increasing adoption of contact lenses and spectacles are some of the key factors driving the market for ophthalmic equipment.
The report Ophthalmic Equipment Market is projected to reach USD 80.9 billion by 2027 from USD 63.4 billion in 2022, at a CAGR of 5.0%.
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Blue Hydrogen Market Size to Reach $44.5 Billion by 2030
The global Blue Hydrogen Market is expected to grow from USD 18.2 billion in 2022 to USD 44.5 billion by 2030, at a CAGR of 11.9% during the forecast period. The blue hydrogen market has a promising growth potential due to several factors, including the role of blue hydrogen in carbon emission reduction, an increase in the demand for fuel cell-based electric vehicles, and a shift toward...
Truck Refrigeration Unit Market Growth Drivers & Opportunities 2025
The truck refrigeration unit market is estimated to be USD 10.5 billion in 2018 and is projected to reach USD 15.0 billion by 2025, at a CAGR of 5.21%. The global need for frozen and chilled goods as well as expanding LCV sales are expected to boost the truck refrigeration unit market.
The 8–12 meter segment is estimated to be the largest bus refrigeration unit market, by bus length
The market...
Torque Vectoring Market Size, Share, Trends, Analysis 2025
The torque vectoring market for automotive is primarily driven by the increased demand for luxury and performance vehicles (including SUVs, crossovers, and off-highway vehicles). The torque vectoring market for automotive is projected to grow at a CAGR of 20.01% from 2018 to 2025. From a market size of USD 5.22 billion in 2018, it is projected to reach a market size of USD 18.70 billion by 2025.
AWD/4WD...
Edge AI Software Market Size, Share, Growth, Trends and Forecast – 2027
According to a research report “Edge AI Software Market by Component (Solution and Services), Data Source (Video & Image Recognition, Mobile Data), Organization Size, Vertical (Energy & Utilities, Manufacturing, Healthcare & Life Sciences) and Region – Global Forecast to 2027″ published by MarketsandMarkets, the Edge AI software market size is projected to grow from USD...