In 2022, Europe dominated the global high-end rum market. The Europe high-end rum market is thriving because of increasing urbanization and changing consumer preferences. The market in Europe is significantly growing owing to its drinking culture and favorable climatic conditions. Several nations across the region are popular for the production and consumption of high-end rum. […]
3D Audio Market was valued at US$ 6.28 billion in 2022 and is expected to reach to US$ 19.07 billion by 2030; it is estimated to record a CAGR of 14.9% from 2022 to 2030
The Europe 3D audio market has been analyzed on the basis of historical, current, and future trends in France, Germany, Italy, the UK, Russia, and the Rest of Europe. The consumer electronics industry in these countries is focused on introducing innovative products. The population of Europe is inclined toward using branded products. With the emergence […]
Horizontal Directional Drilling Market was valued at US$ 2,802.69 million in 2022 and is expected to reach to US$ 6,420.45 million by 2030; it is estimated to record a CAGR of 3.9% from 2022 to 2030
Mineral exploration activities are one of the major application areas of horizontal directional drilling equipment. The mineral exploration sites require a high level of drilling activities, which is boosting the demand for horizontal directional drilling equipment in various nations. Countries such as Australia, China, Russia, Brazil, Canada, and the US are widely involved in mineral […]
Light Therapy Market was valued at US$ 930.69 million in 2022 and is expected to reach to US$ 1,434.25 million by 2030; it is estimated to record a CAGR of 5.6% from 2022 to 2030
Growing prevalence of skin diseases and the growing use of noninvasive therapies. In 2023, the World Health Organization released estimates that skin diseases impacted over 1.8 million people worldwide. However, the stringent regulatory processes and high cost of devices hinder the growth of the light therapy market. The rapid rise in technological advancements in light […]
Drug Discovery Services Market was valued at US$ 19,539.00 million in 2022 and is expected to reach to US$ 56,783.29 million by 2030; it is estimated to record a CAGR of 14.3% from 2022 to 2030
Increasing demand for novel therapies across a wide range of therapeutic areas, and rising R&D expenditure in the pharmaceutical and biotechnology industries are driving the drug discovery services market. However, the high cost of drug discoveries hinders the drug discovery services market growth. Increasing Prevalence of Chronic Diseases is Driving The Drug Discovery Services Market […]