The global piezoelectric devices market is anticipated to expand to USD 66 Billion by 2032 at a CAGR of 7.9%. The heavy demand for piezoelectric devices from various industries such as, consumer electronics, military & defense, healthcare, automotive, among others is the major factor driving the global piezoelectric devices market. With eco-friendly piezoelectric devices such as lead-free piezoelectric materials, the market is guaranteeing its sustained expansion in the upcoming years.
The global dielectric fluids market is projected to reach USD 11.44 Billion by 2032, growing at a CAGR of 7.7%. The heavy necessary use of dielectric fluids in various industries such as electric, industrial, automotive, etc. is the major driver for the global dielectric fluids market. With increased focus towards bio-based dielectric fluids made from renewable sources, the global dielectric fluids market is set to surge in the upcoming years.
The development of renewable energy...
The global AI agents market size is anticipated to expand to USD 190 Billion by 2032 at a CAGR of 46.1%. With the development of Natural Language Processing (NLP) coupled with large investments from big IT firms, the global AI agents market has witnessed a demand surge in the past few years. Moreover, with the growing need for individualized customer experiences, along with the broad use of cloud computing, the global AI agents market is set to expand heavily in the upcoming years.
The...
The global nutraceutical market is anticipated to expand to USD 1033.5 Billion by 2032 at a CAGR of 7.7%. With the rising health consciousness among consumers and the need for preventive healthcare, especially in terms of immunity post-COVID-19 pandemic, the global nutraceutical market saw a surge in demand in the past few years. With the emergence of personalized nutrition according to health requirements coupled with technological advancements in digital healthcare platforms, the global...
The global aerospace fasteners market size is anticipated to expand to USD 12.36 Billion by 2032 at a CAGR of 7.5%. The rising demand for air travel, coupled with the technological advancements in aircraft manufacturing has increased the demand for aerospace fasteners for the past few years. Moreover, the technological improvements in lightweight and fuel-efficient aircraft will open up new possibilities for fastener materials and manufacturing, thereby increasing demand in the coming...
The global electrolyzer market size is anticipated to expand to USD 22.3 Billion by 2032 at a CAGR of 95%. Heavy investments from governments around the globe, along with advancements in electrolyzer technologies are the major driving factors for the global electrolyzer market. The growing use of hydrogen in various industries and the increasing need for green hydrogen is set to rapidly surge the market growth for electrolyzers in the upcoming years.
Due to several important factors that are...
The global fertilizer catalyst market size is anticipated to expand to USD 4.1 Billion by 2032 at a CAGR of 3.4%. The rising global food demand is the major factor driving the global fertilizer catalyst market as it helps in enhancing fertilizer production. The global fertilizer catalyst market has a dynamic and developing nature, with ongoing technology developments, regulatory backing, and strategic investments, positioning it for continued growth in the upcoming years.
The increased...
The global hydraulic pumps market size is anticipated to expand to USD 15.1 Billion by 2032 at a CAGR of 4.1%. The use of hydraulic pumps in major industries such as construction, automobile, oil & gas, mining, and agriculture, among others, is the major factor driving its global demand. Moreover, with the advancements in IoT and automation, the rising demand for smart & energy-efficient hydraulic pumps is set to surge the market growth for the global hydraulic pumps market in the upcoming...
The global metaverse in healthcare market size is anticipated to expand to USD 149.2 Billion by 2031 at a CAGR of 41.1%. There are multiple factors that lead to the expanding integration of metaverse technology in healthcare, pointing to a future of more accessible, personalised, and effective medical care. As technology advances, the metaverse in healthcare is primed for rapid expansion, providing creative solutions to improve medical education, patient care, and healthcare...
The global bionic contact lenses market size is expected to expand to USD 1.1 Billion by 2031 at a CAGR of 14.5%. The rising demand from the healthcare industry is the major factor driving the global market for bionic contact lenses. Moreover, with the advancements in nanotechnology and microelectronics, bionic contact lenses have the potential to transform various other industries such as gaming, military, and education, among others, and is set to surge its market growth in the upcoming...
