The global cannabis beverage market size is expected to expand to USD 7.3 Billion by 2031 at a CAGR of 35.9%. It is expected to grow globally, with expanding ramifications and rapid legalization in emerging consumer markets. Additionally, the cannabis beverage industry is growing due to customer demand for novel food and beverage options, particularly for those wishing to explore discreet and legal marijuana products. The growing knowledge of the clinical usefulness of cannabis is driving...
The global cold chain market size is expected to expand to USD 385 Billion by 2031 at a CAGR of 11.5%. The infrastructure and logistics required to preserve the integrity of temperature-sensitive goods from manufacturing to consumption are referred to as the cold chain infrastructure. Perishable items including food, medications, and chemicals fall under this category. There is a growing need for fresh, frozen, and preserved meals as more people decide to eat at home which is an essential...
The global smart TV market size is expected to expand to USD 458.7 Billion by 2031 at a CAGR of 11.9% in the forecast period. The increasing popularity of smart TVs can be attributed to consumers’ desire for a wider range of content movies, TV shows, and videos; all within easy reach of these cutting-edge television sets, fueling the growth of the smart TV industry. The Smart TV platforms are made even more appealing by the smooth integration of streaming apps and services, which give...
The global sports drink market size is expected to expand to USD 33.79 Billion by 2031 at a CAGR of 5.81%. The rising number of varieties of sports drink products in terms of flavors and price range is one of the major factors for the boost in the global sports drink market in recent years. Moreover, the growing awareness of wellness and the importance of body hydration is another major factor for the surge in the global sports drink market. Furthermore, the development of distribution...
The global industrial vacuum cleaner market size is anticipated to reach USD 957 Million in 2031 and is expected to expand at a CAGR of 5.81% over the forecast period. The increasing demand for cleaning solutions, and the rising focus on maintaining workplace safety and hygiene, are expected to drive the growth of the market during the forecast period. The post-pandemic cleaning requirement in workplaces is another major driving factor for the industrial vacuum cleaner market. The stringent...
The global interactive display market is anticipated to grow to USD 61.5 Billion by 2030 at a 7.7% CAGR during the forecast period. The enhanced interactive experience coupled with ease in engagement as compared to the standard displays have made the interactive displays widely sought after in various industries. The real-time interaction capacity with the material has increased the usage of interactive displays in various trade exhibitions, museums, and business settings, among other...
The global semiconductor manufacturing equipment market size is anticipated to expand to USD 165.5 Billion by 2030 at an 11.1% CAGR over the forecast period. It is a constantly expanding and highly competitive industry that offers equipment and tools for the production of semiconductors. This includes the high-speed manufacturing equipment required to advance our technologies. The escalating global reliance on electronic devices has primarily been attributed to the growth within the...
The global market size in terms of revenue for lithium-air batteries is expected to expand to USD 17.8 Billion by 2030 at an 8.7% CAGR over the forecast period. The rise in the automobile industry and its use in heavy and light vehicles is the major factor driving the global lithium-air battery market. The rise in the global electric vehicle market has driven the growth of the lithium-air battery market in the past few years. The lithium-air battery has heavy potential to be used in robots...
The global smart glass market is expected to expand to USD 15.7 Billion by 2030 at a 9.8% CAGR over the forecast period. With the technological advancements in the smart glass industry, smart glasses can now flip between both transparent and opaque states, which has a wide range of uses. Factors like expanding energy preservation drives, and glass innovation progress are driving business sector development for the global smart glass market. Apart from offices and homes; healthcare,...
The global temperature sensor market is expected to expand at a CAGR of 4.4% over the forecast period and is anticipated to reach USD 9.1 Billion by 2030. The increasing demand for temperature sensors in various industries such as oil and gas, healthcare, and consumer electronics, coupled with technological advancements in temperature sensing technologies are the major driving factors for the entire temperature sensor market and are anticipated to fuel the market growth in the forecast...
