Global telecommunication market is estimated to grow at a CAGR of nearly 4.0% during the forecast period (2024-2031). The market growth is driven by the increasing usage of the internet and the rising availability of attractive subscription plans. The global telecommunication market is segmented by type (hardware, software, and services), by end-use industry (retail & […]
Category Archives: Business
Global silicon capacitors market is anticipated to grow at a CAGR of 5.8% during the forecast period (2024-2031). The market growth is driven by the rising demand for silicon capacitors from the electronic & electrical sector for high-speed digital circuit designing owing to their superior operating frequency range, long-term stability, and temperature range. Silicon capacitors […]
Global refrigerated transport market is anticipated to grow at a considerable CAGR of 5.1% during the forecast period (2024-2031). The market growth is driven by the increasing need to reduce and maintain the temperature of the products to control, reduce, or stop the rate of deterioration and damage of the product. Additionally, the rising trends […]
Global purpose-built vehicles market is anticipated to grow at a considerable CAGR of 6.1% during the forecast period (2024-2031). The market growth is primarily driven by the growing adoption of customized vehicles coupled with the increasing disposable income. The global purpose-built vehicles market is segmented by type (fully autonomous and partially autonomous), by application (car, and […]
Global ostomy drainage bags market is anticipated to grow at a CAGR of 4.2% during the forecast period (2024-2031). The market growth is driven by the growing product developments, coupled with the increasing prevalence of colorectal cancer and bladder cancer. Additionally, the growing geriatric population in Europe and the US with urinary incontinence issues is […]
Global long-term care market is estimated to grow at a CAGR of 7.2% during the forecast period (2024-2031). The market growth is driven by the growing older population in developed countries, the demand for long-term care is increasing significantly, combined with the shortage of physicians and caregivers in these regions, increasing the demand for long-term care […]
Global water heater market is projected to have a CAGR of around 5.7% during the forecast period (2024-2031). The market growth is driven by the increasing disposable income, improving the standard of living especially in emerging economies. Additionally, the increasing government support in the form of subsidies for the development of energy-efficient water heaters for […]
Global UV LED market is anticipated to grow at a significant CAGR of 22.8% during the forecast period (2024-2031). The market growth is driven by the high energy efficiency of UV LEDs for lower energy expenditure and maintenance needs compared to conventional sources. Additionally, the rising demand for UV LEDs in various industries such as healthcare and […]
Global tube packaging market is projected to have a considerable CAGR of around 5.9% during the forecast period (2024-2031). The market growth is driven by the growing inclination towards flexible packaging over rigid packaging. Additionally, the continuous increase in the demand for plastic tubes in the packaging of cosmetic and food & beverage products is significantly […]
The US Electric Vehicle market is estimated to grow at a CAGR of more than 18.0% during the forecast period. The major factor driving the market include supportive government regulations for electric vehicles and charging infrastructure. The growing environmental concerns along with cohesive government initiatives are some other aspects to fuel the market growth in […]