Category Archives: Business

Government Initiatives to Bolster Residential Infrastructure is Driving the Growth of the China Facade Market

China facade market is anticipated to grow at a moderate CAGR of 6.3% during the forecast period (2024-2031). The market growth is driven by the increasing focus of the government on the development of infrastructure, households, and businesses. The Government of China is primarily focusing on boosting household investment as against public infrastructure. Additionally, the declining urbanization is making […]

Rising Infrastructure Investment and Environmental Concerns are Boosting the Adoption Cable Glands

Global cable gland market is anticipated to grow at a CAGR of 7.8 %, during the forecast period (2024-2031). The market growth is driven by increasing demand for electronic device miniaturization, rising demand for cable management systems, a growing construction industry, an expanding automotive sector, and accelerating demand in the telecommunication sector. Additionally, the development […]

Growing Digital Advertising Coupled with Infrastructure Development is Driving Growth of the DOOH Market

Global digital out-of-home (DOOH) market is estimated to grow at a CAGR of nearly 10.7% during the forecast period (2024-2031). The market growth is driven by rising urbanization across the globe and increasing demand for programmatic advertising. Additionally, there increasing shift from offline out-of-home advertising to DOOH advertising to novel technologies such as beacons and […]

Advancements in Healthcare Infrastructures are Driving the Growth of the Eosinophilic Esophagitis Treatment Market

Global eosinophilic esophagitis treatment market is growing at a CAGR of 6.4% during the forecast period (2024-2031). The increasing awareness programs for eosinophil-associated disorders drive market growth. In addition, the growing preference for personalized medicine and point-of-care testing along with the increasing development of a potential drug are contributing significantly towards the market growth. Furthermore, the rising […]

The Growing Automotive Industry and Market Player Contribution is Driving the Synthetic Ester Lubricants Market

Global synthetic ester lubricants market is anticipated to grow at a considerable CAGR of 4.1% during the forecast period (2024-2031). The market growth is attributed to the increasing demand for synthetic lubricants in various end-use industries (such as automotive, aviation, and more), and the growing demand for high-performance ester lubricants. However, the rising cost of raw materials […]

Technological Advancements and the Rise of the Semiconductor Industry are Driving the Demand for Photomasks

Global photomask industry market is anticipated to grow at a CAGR of 3.8 %, during the forecast period (2024-2031). The market growth is driven by the increasing use of electronic devices and, rising emphasis on technological advancements such as the Internet of Things (IoT). Additionally, the significant addition of the wafer capacity at mid and […]

Rising Infrastructure Investment and Environmental Concerns are Boosting the Adoption Cable Glands

Global orthopedic software market is anticipated to grow at a CAGR of 6.1%, during the forecast period (2024-2031). The market growth is driven by the rising orthopedic-related diseases such as arthritis that have increased the number of joint replacement procedures globally. Further, growing ease due to minimally invasive surgical options has also boosted the orthopedic […]

Technological Advancements is Contributing Towards the Growth of Generative Design Market

Global generative design market is anticipated to grow at a significant CAGR of 17.4% during the forecast period (2024-2031). The market growth is driven by the rising adoption of AI-driven product engineering across industries. The additional benefits of Generative AI such as streamlining development, enhancing efficiency, and fostering innovation to cater to the growing consumer […]

Circular Economy and the Growing Adoption of Bio-LNG is Driving Market Growth

Global bio -LNG market is anticipated to grow at a CAGR of 11.1% during the forecast period (2024-2031). The market growth is driven by the growing adoption of a well-developed LNG filling with an improved network. Additionally, the use of bio-LNG supports a circular economy and provides for sustainable energy demand, which contributes towards market […]

Increasing Urbanization and the Need for Space Optimization are driving the Closet Organizer Market

Global closet organizer market is anticipated to grow at a CAGR of 8.0% during the forecast period (2024-2031). The market growth is driven by the benefits of closet organizers such as providing additional partitions, shelves, bins, and hangers to maximize the use of limited space. In addition, the growing urbanization across emerging economies globally has driven […]