Fermented flavor and fragrance ingredients include flavoring, fragrance, and aromatic ingredients that are produced through the microbial fermentation process. These fermentation-derived flavoring and fragrance ingredients are used across various industries such as food & beverages, personal care & cosmetics, perfumes & fragrances, home care, and home cleaners. Manufacturers are significantly investing in research and development […]
Single Pair Ethernet Market was valued at US$ 2.32 Billion in 2022 and is expected to reach to US$ 6.20 Billion by 2030; it is estimated to record a CAGR of 13.1% from 2022 to 2030
Surging Demand for IIoT in Industrial Automation Drives Single Pair Ethernet Market Growth Single pair ethernet is an end-to-end industrial ethernet technology that is taking over the old legacy of Fieldbus networks and traditional Ethernet and smart manufacturing, creating a path for the Industrial Internet of Things (IIoT) and Industry 4.0. With the advancements in […]
2G & 3G Switch Off Market was valued at US$ 3.65 Billion in 2020 and is expected to reach to US$ 28.75 Billion by 2030; it is estimated to record a CAGR of 18.6% from 2022 to 2030
Increasing Adoption of Industry 4.0 and Edge Computing Drives 2G & 3G Switch Off Market Growth Edge computing and 5G are two linked technologies. They both enable huge amounts of data to be processed in real-time and used to improve the performance of applications substantially. Combined with 5G, Edge computing creates opportunities to enhance digital […]
US Hearing Aids Market was valued at US$ 8,873.28 Million in 2022 and is expected to reach to US$ 13,191.22 Million by 2030; it is estimated to record a CAGR of 5.1% from 2022 to 2030
Hearing loss profoundly impacts every dimension of the human experience, including physical, emotional, and mental health. The driving factors of hearing loss include increasing incidence of hearing loss among US population and surge in strategic initiatives by the market players. Furthermore, growing awareness pertaining to the newly launched technologically advanced hearing aids also contributes to […]
Breath Analyzer Market was valued at US$ 1,188.76 Million in 2022 and is expected to reach to US$ 3,685.94 Million by 2030; it is estimated to record a CAGR of 15.19% from 2022 to 2030
The report highlights trends prevailing in the market and the factors driving and hindering the breath analyzer market growth. The growth of the market is attributed to growing alcohol consumption and alcohol-impaired accidents and government support and advanced technologies implementation for breath analyzers. However, false results by breath analyzers hinders the market growth. Government Support […]
Sailcloth Market was valued at US$ 133.18 Million in 2022 and is expected to reach to US$ 171.69 Million by 2030; it is estimated to record a CAGR of 3.2% from 2022 to 2030
In 2022, North America held the largest global sailcloth market share. The North America sailcloth market is witnessing considerable growth owing to the surge in recreational boating participation. North America boasts a thriving competitive sailing scene, with events such as the America’s Cup and regional regattas attracting significant participation. These events further drive demand for […]
Hydropower Generation Market was valued at US$ 274.6 Billion in 2022 and is expected to reach to US$ 368.7 Billion by 2030; it is estimated to record a CAGR of 3.8% from 2022 to 2030
Hydropower generation involves harnessing the energy of flowing water to produce electricity. It typically utilizes dams, rivers, or other water sources to drive turbines, converting kinetic energy into electrical power. This renewable energy method is clean, sustainable, and a significant contributor to global electricity production. Hydropower provides base-load power, supports grid stability, and plays a […]
E-invoicing Market was valued at US$ 12.47 Billion in 2023 and is expected to reach to US$ 62.68 Billion by 2031; it is estimated to record a CAGR of 22.4% from 2023 to 2031
Integration of Blockchain in E-Invoicing to Fuel E-invoicing Market Growth During Forecast Period Blockchain is a revolutionary technology that has the potential to transform business processes across industries, ranging from retail to logistics. Blockchain technology is growing at an unprecedented rate owing to various successful proof of concepts in industries such as BFSI, IT & […]
Vegetarian Capsules Market was valued at US$ 1.8 Billion in 2023 and is expected to reach to US$ 3.5 Billion by 2031; it is estimated to record a CAGR of 8.4% from 2023 to 2031
Rising Preference for Vegan Capsules Over Gelatin-Based Capsules For many years, there have been medical, religious, cultural, and ethical concerns about adding animal substances to capsule coatings or formulations in pharmaceutical medicines. Also, some consumers expressed concerns over the use of animal-derived pharmaceutical medicines due to the associated healthcare risks. In July 2023, the Center […]
Lithotripsy Market was valued at US$ 1.4 Billion in 2023 and is expected to reach to US$ 2.3 Billion by 2031; it is estimated to record a CAGR of 6.6% from 2023 to 2031
Medical Reimbursement/Coverage for Noninvasive Lithotripsy Procedure Surgery is a traditional treatment option for patients suffering from kidney stones. These surgeries include nephrectomy and endoscopic treatment of the urethra. However, in the past few years, several new approaches have been developed such as noninvasive lithotripsy techniques for the treatment of upper urinary tract kidney stones. Patients […]