The global concrete mixer market size is expected to expand to USD 6.4 Billion by 2031 at a CAGR of 5.1%. The rapid urbanization around the globe and ongoing innovation related to creative mixers for sustainable construction methods have set the growth for the global concrete mixers market to surge in the upcoming years.
There is a growing need for concrete mixers owing to the building sector's explosive expansion, particularly in developing nations. This need is being further fueled by...
The global timing devices market is expected to expand to USD 10.2 Billion by 2031 at a CAGR of 7.8%. Due to the need for accurate timekeeping, growing industry use, and technical improvements, the global market for timing devices exhibits tremendous growth potential across several regions. There is a heavy demand from industries such as automotive, defense, and consumer goods, which are set to surge the global market expansion of timing devices in the upcoming years owing to the advent of...
The global agrochemicals market is anticipated to reach USD 395.5 Billion by 2031 at a CAGR of 5.3%. The global agrochemicals market is driven by factors such as increasing demand for food due to the rising global population, less agricultural land, and rising awareness of the benefits of agrochemicals. Technological advancements such as the use of agricultural drones and precision farming have provided new opportunities for the global agrochemicals market to expand in the upcoming...
The global collagen beverage market is expected to expand to USD 1.1 Billion by 2031 at a CAGR of 12.5%. The market is driven by the growing consumer awareness regarding the health benefits of collagen coupled with the trend of health consciousness among consumers post-COVID-19 pandemic, particularly with the aging population. The enhancement in product texture and flavor by the key companies is set to surge the growth of the global collagen beverage market in the upcoming years.
The...
The global 3D sensor market is anticipated to reach USD 14.4 Billion by 2031 at a CAGR of 16.5%. The main driving factor and the reason for strong growth in the global 3D sensor market is the rising usage of 3D sensors in healthcare applications like imaging, patient monitoring, and surgical planning. Similarly, the application of 3D sensors in multiple other industries such as the automotive, electronics, and defense industries is another major factor for the market growth in the past few...
The global facial serum market is anticipated to reach USD 8.8 Billion by 2031 at a CAGR of 6.5%. The global facial serum market is driven by an increase in understanding of skincare and the formulated ingredients for achieving better skin. There are new opportunities for market growth in the facial serum industry with increasing demand from the men's skin care sector and advancements in personalized skin care. Artificial intelligence (AI) and data analytics are set to open new channels for...
The global smart lock market is anticipated to grow to USD 9.4 Billion by 2031, at a compound annual growth rate (CAGR) of 17.8%. The market for smart locks is driven by homes becoming more equipped with smart technologies. Further, the rising crime rates also drive the global smart lock market due to the consumer’s awareness for better security solutions. The technological advancements in the smart home and security industry is set to bring multiple opportunities in the global smart lock...
The global paper packaging market is expected to grow to USD 537.8 Billion by 2031 at a CAGR of 4.7%. The rising awareness about eco-friendly packaging especially in the food and beverage industry is one of the major driving factors of the market. Governments and other regulatory bodies are making stricter rules for the plastic packaging market which is shifting the focus and buying trend towards the paper packaging market. The continuous product innovation in the paper packaging industry is...
The global dairy alternatives market is anticipated to reach USD 82.4 Billion by 2031 at a CAGR of 12.8%. Owing to the change in eating patterns of consumers and changing dietary trends, the market is gaining momentum and witnessing high demand. The increasing incidences of cases of milk allergy and lactose intolerance is expected to further increase the demand over the forecast period. Thus, many food and beverage manufacturers are using the products to attract the growing consumer base...
The global sandwich panels market is expected to expand to USD 16.7 Billion by 2031 at a CAGR of 8.1%. The growing demand for eco-friendly and affordable construction materials around the globe is the major factor driving the sandwich panels industry. As green buildings and sustainable construction are in trend, the global sandwich panels market has multiple opportunities for growth in the upcoming years.
Sandwich panels, which have excellent insulating qualities, are being used more...