The global agriculture drone market size is anticipated to reach USD 21.5 Billion in 2030 at a CAGR of 32% over the forecast period. The market for agriculture drones has been growing rapidly in recent years, driven by advancements in technology and the increasing demand for precision agriculture; and has revolutionized the agricultural sector. Agriculture drones are being widely adopted by farmers as they provide accurate and efficient solutions to monitor crop health, detect pests and...
The global mining equipment market size is expected to expand to USD 183.5 Billion by 2030 at a 5.18% CAGR over the forecast period. The global mining equipment industry involves the production and sale of machinery and tools used in extracting minerals and metals from the earth. It encompasses a wide range of equipment, including excavators, drills, crushers, and other specialized machinery. This industry is closely tied to the mining sector, which supplies the demand for metals and...
The global electric bus market size is anticipated to expand at a CAGR of 17.8% over the forecast period and reach USD 65.7 Billion in 2030. The governments of various countries are adopting electric buses and are promoting the sustainable transportation drive. Many governments have implemented various policies and regulations to encourage the adoption of electric buses. The main aim of these policies is to reduce greenhouse gas emissions and improve air quality in urban areas. China in...
The global commercial drone market size was valued at USD 19.95 Billion in 2022 and is expected to expand at a CAGR of 8.1% over the forecast period and reach USD 45.1 Billion in 2030. This dramatic rise is owed to the growing use of drones, supported by ongoing technological improvement in industries including precision agriculture, construction, logistics, and public safety. This spread has been fueled by significant developments including the incorporation of artificial intelligence,...
The global gaming chair market size is expected to expand to USD 2.1 Billion by 2030 at a 6.4% CAGR over the forecast period. The gaming chair industry is expanding rapidly and can be distinguished by a dynamic and competitive environment. The industry of gaming has grown in prominence as a result of the rising popularity of gaming streams on video-sharing platforms such as YouTube, the demand for immersive gaming experiences, and the increasing understanding of the value of maintaining good...
The alpaca fiber market size is anticipated to expand to USD 3.1 Billion by 2030 at a 3.3% CAGR over the forecast period. The potential for development in the alpaca fiber industry comes from both expanded production and rising consumer demand for alpaca fiber-based goods. The industry is growing in terms of output due to an increase in alpaca farming on a worldwide scale as farmers become more aware of the financial benefits of serving the fiber market. At the same time, increased consumer...
The market for polyester fiber is anticipated to expand to USD 195 Billion by 2030 at a 7.7% CAGR over the forecast period. The polyester material is a man-made fiber composed of polymerized ethylene glycol and terephthalic acid. It is a versatile and frequently utilized substance that is majorly found in the textile, packaging, and construction sectors, among others. The growth is attributed to the increasing demand for polyester fiber in the apparel and home textiles industry, as well as...
The global probiotics market size was valued at USD 58 Billion in 2022 and is expected to expand to USD 103 Billion by 2030 at a CAGR of 8.3%. Probiotics are frequently employed to strengthen the immune system, enhance digestion, and prevent or cure an assortment of health issues. Probiotic products come in a variety of formats to suit a variety of tastes and dietary needs, including capsules, pills, powders, yogurts, fermented foods, and drinks. The global probiotics market has been growing...
The global paper straw market size is expected to expand to USD 13.1 Billion by 2030 at 8.2% CAGR over the forecast period. The expanding campaign against single-use plastics and growing environmental sustainability concerns are driving the robust expansion of the paper straw business worldwide. There has been a noticeable shift towards environment-friendly substitutes like paper straws, due to limitations, and prohibitions on plastic straws implemented by governments, and regulatory...
The global smart packaging market size is expected to expand to USD 30.3 Billion by 2030 at a 5.1% CAGR over the forecast period. Driven by cutting-edge technology and creative packaging strategies, the market for smart packaging is expanding dramatically. The enhancements to waste minimization, supply chain transparency, and product traceability are the other major factors driving the global smart packaging market. Together with the advancement of IoT technology, the desire for...
