Sowing Success: The Rising Significance of Secondary Macronutrients in Agriculture
In the dynamic landscape of global agriculture, the secondary macronutrients market has emerged as a pivotal player, with an estimated value of USD 38.6 billion in 2022 and a projected ascent to USD 48.5 billion by 2028. This promising growth trajectory, at a Compound Annual Growth Rate (CAGR) of 4.0% from 2023 to 2028, is attributed to the escalating demand for essential foods like cereals, grains,...
Distribution Automation Market Sets New Record, Projected at $28.1 Billion By 2027 at 12.2% CAGR
The global distribution automation market is estimated to be valued at USD 15.8 billion in 2022 (estimated year) and is projected to reach USD 28.1 billion by 2027 (forecast year); growing at a CAGR of 12.2% during the forecast period.
The distribution automation market has promising growth potential due to the rising deployment of smart grid technologies and increasing demand for the electricity...
Industry Exploration: Immunoassay Market Growth, Key Drivers, and Forecast Spanning Through 2028
The report “Immunoassay Marketin terms of revenue was estimated to be worth $35.0 Billion in 2023 and is poised to reach $46.7 Billion by 2028, growing at a CAGR of 5.9% from 2023 to 2028 according to a new report by MarketsandMarkets™. The immunoassay market is driven by the increasing incidence of infectious and chronic diseases, increasing adoption of immunoassay-based...
Automatic Tire Inflation System Market Size Worth USD 138 Million by 2028, at a CAGR of 10.7%
The automatic tire inflation system market is projected to grow from USD 82 million in 2023 to USD 138 million by 2028, at a CAGR of 10.7% during the forecast period.
The increasing demand for improved tire life and to prevent accidents due to tire blowouts, the demand for ATIS in heavy-duty vehicles and farm tractors would create growth opportunities.
ATIS for Farm Tractor is expected to be...
Automotive Interior Market Size Worth USD 194.8 Billion by 2028, at a CAGR of 4.4%
The global automotive interior market, by value, is estimated to be USD 157.4 billion in 2023 and is projected to reach USD 194.8 billion by 2028, at a CAGR of 4.4% from 2023 to 2028.
The growth of the automotive interior market is influenced by various factors such as Increasing customer preference for convenience, premium features, and advanced safety features, Integration of smartphone connectivity,...
Electric Motors Market worth USD 186.0 Billion by 2027
The global Electric Motors Market is expected to grow from USD 134.0 billion in 2022 to USD 186.0 billion by 2027, at a CAGR of 6.8%. This market is mainly driven by increasing investments in electric vehicles. Increasing demand for HVAC systems among residential, commercial, and industrial end-users, and growing demand for electric motors in manufacturing industries are the major driving factor...
Global Agrochemicals Market Mergers and Acquisitions Flourishes with USD 6.1 Billion in Top Deals
The global agrochemicals market mergers and acquisitions has witnessed substantial growth, reaching an approximate value of USD 6.1 billion from 2018 to 2023. This positive trajectory can be attributed to an emergence in various deal types, including agreements, acquisitions, partnerships, and mergers. The market outlook remains promising on a global scale, driven by the escalating...
Biomass Power Generation Market Towards Huge Growth in the Coming Years
The global biomass power generation market is projected to reach USD 105.7 billion by 2028 from an estimated USD 91.3 billion in 2023, at a CAGR of 3.0% during the forecast period. Factors such as the need of electrification in rural areas and investments in renewable energy projects are driving the growth of the biomass power generations market.
Key Market Players
ENGIE (France), Babcock &...
Graph Database Market In-Depth Analysis with Booming Trends Supporting Growth and Forecast -2028
According to a research report “Graph Database Market by Model Type (RDF, LPG, Hypergraph), Offering (Solutions, Services), Analysis Type (Community Analysis, Connectivity Analysis, Centrality Analysis, Path Analysis), Vertical, and Region – Global Forecast to 2028″ published by MarketsandMarkets, the global graph database market size to grow from USD 2.9 billion in 2023 to USD...
Automotive Piston Market Projected to reach $2.2 billion by 2025
Automotive piston market is projected to grow to USD 2.2 billion by 2025 from USD 1.9 billion in 2020, at a CAGR of 3.5%. Factors such as fuel shift towards gasoline passenger cars & especially towards GDI engines and the demand for lightweight piston components are projected to create a potential need for automotive pistons in the coming years.
Passenger Car Segment is estimated to hold...