Posts

Showing posts from January, 2023

Laminated Busbar Market | Size, Share, and Analysis 2029

Image
  Laminated Busbar Market was value at USD 918 million in 2021 and is expected to rise at a single digit CAGR of 6.4% during the forecast period, and is estimated to reach USD 1,508 million in 2029 The factors driving growth of Laminated Busbar Market includes increasing focus on utilizing renewable energy sources of energy, growing demand for safe and secure electrical distribution systems, rising penetration of electric and hybrid vehicles around the world and improvements in the living standards. Moreover, growing consumption of electricity, rising awareness about saving energy, technological advancements in laminated busbars, increase in the launch of innovative products and rapid urbanization, are some of the additional factors supplementing the market growth. In addition, the increasing investments by major companies on research and development, strategic collaborations between key industry players and growing population growth rates, are further contributing towards the mar...

Underfloor Heating Market Size, Share | Industry Report, 2029

Image
  Underfloor Heating Market was valued at USD 4.5 billion in 2021 and is projected to rise at a single digit CAGR of 7.1% over the forecast period, reaching USD 7.8 billion in 2029 The factors driving growth of Underfloor Heating Market includes increasing number of green building projects, retrofitting of residential & small commercial spaces such as offices, retail stores and institutions, expansion of the real-estate industry, Government initiatives to reduce greenhouse emissions and improvements in the living standards. Moreover, growing adoption of advanced technologies by manufacturers, increasing deployment of underfloor heating systems in kitchen and bathroom spaces, shift towards clean heating technology, rise in the launch of innovative products and rapid urbanization, are some of the additional factors supplementing the Underfloor Heating Market share . In addition, the increasing investments by major corporations on research and developments, strategic partnerships ...

Packaged Salad Market Size & Share Report, 2022-2029

Image
 Packaged Salad Market was valued at USD 11.1 billion in 2021 and is estimated to hit USD 21.2 billion in 2029, increasing at a CAGR of 8.4% during the forecast period, 2022-2029 For Additional Insights, Click to Access Complete Report – https://www.gmiresearch.com/report/packaged-salad-market-analysis-industry-research/ The factors driving the growth of Packaged Salad Market includes rise in the consumption of organic food and beverages, growing influence of social media platforms and increasing demand for precooked salad products and improvements in the living standards. Moreover, increasing availability of packaged salad food at restaurants and retail outlets, growing adoption of advanced technologies by manufacturers, rising prevalence of obesity around the world and rapid urbanization, are some of the additional factors supplementing the market growth. In addition, the increasing investments by leading players on research and development, strategic mergers, and collaboratio...

Solar Power Market Size, Share, Growth and Forecast 2029

Image
  Solar Panels Market was valued to be USD 155.3 billion in 2021 and is reported to reach USD 289.6 billion in 2029, growing at a CAGR of 8.1% during 2022-2029 The factors driving the growth of Solar Panels Market includes growing consumption of electricity around the world, increasing use of solar panels to utilize maximum amount of sunlight, rising awareness about the benefits of using low carbon-intensive technologies and improvements in the living standards. Moreover, increase in Government’s expenditure on solar projects around the world, technological advancements in solar panels, rise in the launch of innovative products, tax incentives on the deployment of solar panels and rapid urbanization, are some of the additional factors supplementing the Solar Panel Market size . In addition, the increasing investments by major corporations on research and development, strategic partnerships between companies, rising disposable incomes and growing population growth rates, are further...

Mobile Application Market Size, Share & Trends Report, 2029

Image
  Mobile Application Market is expected to grow at a CAGR of 9.1% during the forecast period from 2022 to 2029. The factors driving growth of the Mobile Application Market includes increasing internet penetration rates around the world, expansion of the e-commerce industry, rising popularity of mobile gaming applications, Government initiatives promoting digitalization, growing demand for smartphones and tablets and improvements in the living standards. For instance, approximately 4.2 billion people were using internet in 2019, this figure is predicted to reach 5.3 billion by the end of 2023, which will accelerate the Mobile Application Market size in the approaching years. Moreover, growing adoption of advanced technologies such as Artificial Intelligence (AI), Augmented Reality (AR) and Machine Learning (ML), rise in the number of third-party application developers, and rapid urbanization, are some of the additional factors supplementing the market growth. In addition, the incr...

Ethylene Carbonate Market Size & Share Report, 2022-2029

Image
  Ethylene Carbonate Market touched USD 480 million in 2021 and is projected to reach USD 788 million in 2029 growing at a CAGR of 6.4% during the forecast period 2022-2029. The factors driving the growth of Ethylene Carbonate Market includes growing demand for lithium-ion batteries and increasing application of Ethylene Carbonate in oil and gas, consumer electronics and automotive industry and rising sales of Electric Vehicles around the world. Moreover, the growing use of Ethylene Carbonate as a solvent in resins, adhesives & sealants, and increasing environment concerns about global warming and depletion of fossil fuels around the world, are pushing the demand for Ethylene Carbonate solutions. In addition, rapid urbanization, rising disposable incomes and increasing economic activities in the emerging economies such as China, Brazil, and South Korea, are expected to boost the market growth in the approaching year. However, the growth of Ethylene Carbonate Market is hindered...

Saudi Arabia Ready Meals Market Size, Share & Growth 2026

Image
  Saudi Arabia Ready Meals Market is expected to grow at a CAGR of 6.7%, during the forecast period (2019-2026). The factors driving growth of the Saudi Arabia Ready Meals Market includes increasing consumers inclination towards adopting healthy lifestyles, rise in the volumes of food ordered through online platforms, growing demand for international food and foreign cuisines and improvements in the living standards. For instance, the revenue generated by online food delivery across Saudi Arabia is expected to reach USD 7.90 billion by the end of 2022, growing at a CAGR of 12.50% over the forecast period (2022-2027), which is expected to accelerate the Saudi Arabia Ready Meals Market Growth in the approaching years. Moreover, rising influence of western culture across Saudi Arabia, growing popularity of frozen or chilled food items, increasing adoption of advanced technologies by manufacturers and rapid urbanization, are some of the additional factors supplementing the Saudi Arab...

Saudi Arabia Diabetes Care Devices Market size, Growth & Forecast 2027

Image
  The Saudi Arabia Diabetes Care Devices Market is expected to grow at a robust CAGR over the forecast period (2020-2027). The factors driving growth of the Saudi Arabia Diabetes Care Devices Market includes increase in Government’s expenditure on enhancing the healthcare infrastructure, growing prevalence of diabetes, rising consumers inclination towards adopting healthy lifestyles and rapid urbanization. According to the report published by International Trade Administration (ITA), under the Vision 2030, the Government of Saudi Arabian Government is planning to invest more than USD 65 billion for developing country’s healthcare infrastructure and targets to privatize 290 hospitals, which will push the market growth in coming years. Moreover, growing adoption of advanced technologies by manufacturers, rising awareness about preventive diabetes care, increase in the launch of new products and improvements in the living standards, are some of the additional factors supplementing th...

South Africa Cloud Computing Market Size, Share & Forecast 2027

Image
  The South Africa Cloud Computing Market is estimated to grow at a robust CAGR over the forecast period (2020-2027). The factors driving growth of the South Africa Cloud Computing Market includes increasing internet penetration rates across South Africa, roll-out of 5G technology, rapid economic growth, rising demand for video streaming platforms such as Amazon Prime, Disney+ and Netflix and improvements in the living standards. According to the report published by Statista, the internet user penetration across South African is expected to increase from 74.17% in 2021 to 90.05% by the end of 2027, which will accelerate the accelerate the market growth in South Africa in the approaching years. Moreover, growing adoption of advanced technologies such as Artificial Intelligence (AI), Internet of Things (IoT) and Big Data Analytics, Government initiatives to promote digitalization and rapid urbanization, are some of the additional factors supplementing the market growth. In addition,...

Hydrogen Fuel Cells Market Size, Trends, Growth & Forecast 2028

Image
  Hydrogen Fuel Cells Market was valued at USD 1.2 billion in 2020, and estimated to reach USD 70.0 billion in 2028, growing at a significant CAGR of 66.0% during 2021-2028. The factors driving growth of the Hydrogen Fuel Cells Market includes increasing penetration of electric vehicles around the world, Government initiatives to reduce carbon emissions, exploitation of fossil resources, growing focus on reducing dependency on using non-conventional energy sources and improvements in the living standards. Moreover, increasing number of hydrogen-based refueling stations, development of advanced hydrogen-based fuel cells for vehicles, rising petroleum prices around the world, expansion of the automobile industry, growing adoption of advanced technologies by manufacturers and rapid urbanization, are some of the additional factors supplementing the Hydrogen Fuel Cells Market size . In addition, the increasing investments by major corporations on research and development, strategic par...

Plant Extracts Market Size, Share, Industry Forecast 2022-2029

Image
  Plant Extracts Market is projected to grow at a CAGR of 11.3% during the forecast period, 2022-2029. The factors driving the growth of Plant Extracts Market includes increasing application of essential oils in food and beverages, cosmetic and cleaning products, rising awareness about the health benefits offered by herbal extracts, growing prevalence of diabetes and heart related diseases and improvements in the living standards. Moreover, growing adoption of advanced technologies such as polar-nonpolar-sandwiching (PNS) and Ultrasound assisted extraction (UAE) technologies by manufacturers, Government regulations mandating the use of natural ingredients and rapid urbanization, are some of the additional factors supplementing the market growth. In addition, the increasing investments by major companies on research and development, rising disposable incomes and growing population growth rates, are further contributing towards the market growth. Request a free sample of this report...

Wi-Fi Market Size, Share, Trends | Growth Industry Report 2028

Image
  Wi-Fi market reached at USD 9.4 billion in 2020, and is estimated to touch USD 34.9 billion in 2028, growing at a significant CAGR of 17.8% during 2021-2028. The factors driving the growth of Wi-Fi Market includes emerging trend of Bring Your Own Device (BYOD), widespread use of Wi-Fi across industry verticals such as Retail, E-Commerce and Education, commercialization of 5G technology, increasing penetration of smartphones, tablets and connected devices and improvements in the living standards. Moreover, technological innovations in wireless and smart devices, expansion of the telecom industry, rise in the launch of innovative products, increasing number of smart homes devices around the world and rapid urbanization, are some of the additional factors supplementing the Global Wi-Fi Market . In addition, the increasing investments by leading players on research and development, rising disposable incomes, strategic collaborations between major companies and growing population grow...