The global air conditioning market is anticipated to grow at a moderate CAGR of 5.8%during the forecast period (2021-2027). The market growth is mainly driven by the increasing urbanization, technological advancements, and growing demand for inverter air conditioning, among others. Increase in urbanization not only affects the human aspects but also has a broader impact on business […]
Tag Archives: Forecast to 2027
The global medical radiation shielding market is anticipated to grow at a considerable CAGR of 6.5% during the forecast period (2021-2027). The market growth is primarily attributed to the rising incidence of cancer and the rising demand for nuclear radiation therapies for accurate diagnosis. Medical radiation shielding is used for radiologic applications including CT, MRI, PET & […]
The global rooftop solar panel market is anticipated to grow at a CAGR of nearly 8.2% during the forecast period. Market players are highly inclined towards the adoption of different growth strategies including capacity expansion, mergers and acquisitions, new product launches, and geographical expansion, to remain competitive in the marketplace. For instance, in January 2021, Leeward Renewable […]
Global Savory Snacks Marketis estimated to exceed $152.3 billion in 2027, by growing at a CAGR of 6.7% during the forecast period (2021-2027). The snack food industry has performed well over the past few years, benefiting from the growing demand for snacks among consumers and favorable product pricing. The changing lifestyles and increasing purchasing power […]