The European Smart Lock is anticipated to grow at a CAGR 10.0% during the forecast period. As per Center Intelligence Agency, the population of European Union in 2017 was 516 million. Germany, France and the UK have largest population and economy in Europe. The major countries which will contribute in the European smart lock market […]
Category Archives: Business
Microelectronics packaging market is anticipated to grow at a CAGR of 7.6% during the forecast period (2024-2031). Microelectronics packaging involves encasing and protecting microelectronic components such as Integrated Circuits (ICs) and semiconductors from external damage to ensure their smooth functionality and durability in various applications. It encompasses a range of packaging technologies, including Chip-On-Board (COB), […]
Robotic wheelchairs market is anticipated to grow at a significant CAGR of 9.6% during the forecast period (2024-2031). The industry growth is attributed to pivotal factors such as the growing aging population probable to have immobility problems, an increasing number of cases of obesity, neurological diseases, paralysis, strokes, and knee injuries which drive the growth […]
Radial forging machines market size was valued at $160 million in 2022, and is projected to reach $262 million by 2030, registering a CAGR of 7.3% during the forecast period (2023-2030). The market growth can be attributed to the increasing demand for radial forging machines from the automotive industry and other end-user industries. Radial forging […]
Automotive glass market is anticipated to grow at a considerable CAGR of 4.0% during the forecast period. Major factors projected to propel the growth of the automotive glass market include increased passenger safety concerns and the development of smart glass technologies to improve sunlight protection, comfort, and visibility. For instance, in September 2021, Gauzy partnered […]
Bicycle accessories market is anticipated to grow at a CAGR of 7.5% during the forecast period (2023–2030). The market growth is attributed to the growing demand for technological advancements across the globe. The implementation of load-lugging into bicycle accessories and their accessories has created new opportunities for improving the cycling experience. Hence, the market players […]
The global glass substrate market is expected to grow at a compound annual growth rate (CAGR) of 4.67% during the forecast period (2024-2031). The increase in technological advancements is one of the key drivers for market growth. The rise of ultra-thin and flexible substrates is increasing day by day as the demand for foldable phones is also […]
The botanical supplement market is anticipated to grow at a considerable CAGR of 6.5% during the forecast period (2024-2031). The rise in health-conscious individuals corresponds with an increasing awareness regarding the utilization of botanical supplements is the driving factor of the growth of the global market. Dietary, nutraceutical and herbal supplements are used to maintain good health. […]
AVAS market is anticipated to grow at a CAGR of 14.6% during the forecast period (2024-2031). Significant factors contributing to the market growth include rising road accidents globally, and increasing demand for safety technologies such as collision avoidance systems, parking assistance, traction control, lane departure warnings, electronic stability control, airbags, tire pressure monitors, and telematics. […]
The global drug-eluting stent market is anticipated to grow at a considerable CAGR of 7.6% during the forecast period (2024-2031). The market growth is attributed to the expanding trend in FDA approvals. As the regulatory body grants more approvals for such stents, it indicates increased acceptance and trust in the safety and efficacy of drug-eluting stents. This […]