Global shock absorber market is anticipated to grow at a CAGR of 4.1% during the forecast period (2024-2031). Shock absorbers play a crucial role across a wide range of industries, such as automotive, aerospace, railways, defense, marine, offshore, healthcare, consumer goods, agriculture, wind turbines, and oil and gas. It enhanced comfort, handling, and safety by mitigating road […]
Category Archives: Business
Marine management software market is anticipated to grow at a significant CAGR of 7.8% during the forecast period (2024-2031). The industry growth is attributed to the growing adoption of the Internet of Things (IoT) and big data in maritime operations, the expansion of smart ports and digitalization initiatives, the increasing complexity of supply chains, and growth […]
Citrus extract market is anticipated to grow at a significant CAGR of 8.1% during the forecast period (2024-2031). The market growth is attributed to pivotal factors such as rising application in carbonated soft drinks, fruit drinkables, sports & energy drinks, food, and citrus acting as a strong seasoning agent in bakery items and food & beverages, […]
Global pulse oximeter market is anticipated to grow at a CAGR of 7.7% during the forecast period (2024-2031). FDA approval expands the market by regulating healthcare device laws, correcting erroneous readings in unregulated pulse oximeters, and ensuring that devices meet international standards for accuracy and reliability. For instance, in February 2024, the FDA cleared a […]
Space power electronics market is expected to grow significantly at a CAGR of 16.5% throughout the forecast period (2024-2031). This growth forecast is attributed to the rise in complexities & advancements in space missions. This involves large or mega constellation missions, deep space exploration missions, and interplanetary propulsion missions, which necessitate the use of power electronics […]
Plant-based butter market is anticipated to grow at a CAGR of 6.2% during the forecast period (2024-2031). Plant-based butter is widely used in a wide variety of different industries. These include the food industry, packaged and processed foods, retail and household use, the health and wellness sector, industrial and institutional applications, and specialty products. It is […]
Dried processed food market is anticipated to grow at a CAGR of 4.9% during the forecast period (2024-2031) driven by increased innovation in products & evolving food consumption behavior worldwide. Mainly, the product line for dried processed food products has significantly grown in the last few years and covers dairy products, baby food, vegetables, fruits, meals, […]
Autonomous enterprise market is anticipated to grow at a significant CAGR of 12.6% during the forecast period (2024-2031). The increasing use of supply chain optimization, fraud detection, risk management, process automation and enhancement, and tailored customer interaction are all factors contributing to the market’s expansion. According to Worldmetrics, in July 2024, the financial services sector […]
Micro mobile data center market is anticipated to grow at a significant CAGR of 11.2% during the forecast period (2024-2031). Pivotal factors such as increasing demand for computing, storage, and networking infrastructure, growing adoption of micro mobile data centers in end-user industries such as IT resources closer to the point of data generation that result in […]
Photovoltaic switch market is anticipated to grow at a significant CAGR of 12.7% during the forecast period (2024-2031). The expansion of the use of solar PV systems for residential applications, the declining cost of PV systems, the increase in solar installations brought about by government-sponsored incentives and programs, and are all factors contributing to the industry’s […]