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Rising Focus on Biopharma Supports the Growth of Global Bioprocessing Market

Date: 11, August 2021 | Category: Pharma & Healthcare

The global bioprocessing market is expected to record a value of US$49.9 billion, growing at a CAGR of 11.49%, for the time period of 2021 to 2025. The factors such as growing sales of biotech, rising number of clinical trials, rise in cell culture practice, growth in biopharma merger & acquisition deals, growing urbanization and growing awareness about various communicable diseases would d ..

Growing E-Commerce Sector to Drive Global Contract Logistics Market

Date: 10, August 2021 | Category: Transportation & Logistics

The global contract logistics market is forecasted to reach US$315.67 billion in 2025, growing at a CAGR of 5.45% for the period spanning from 2021 to 2025.

Factors such as growing e-commerce industry, increasing food and beverages demand, improving consumer confidence index, rising urbanization levels and rising focus on green supply chain are expected to drive the market growth. However ..

Growing Incidence of Metabolic Disorders Support the Global Peptide Therapeutics Market

Date: 6, August 2021 | Category: Pharma & Healthcare

The global peptide therapeutics market is expected to record a value of US$42.22 billion in 2025, witnessing growth at a CAGR of 6.95%, for the duration spanning 2021-2025. The factors such as surging prevalence of cancer, rising healthcare expenditure, growing incidence of metabolic disorders, increasing geriatric population and accelerating number of approved peptide-based therapeutic drugs. ..

Rise in Adoption of Industrial IoT Supports Growth in Global Warehouse Automation Market

Date: 1, August 2021 | Category: Transportation & Logistics

The global warehouse automation market is likely to record growth at a CAGR of 13.60% during the period spanning 2021-2025, and reach US$30.99 billion in 2025. Growth in the global warehouse automation market was supported by several factors like surging adoption of industrial IoT, rising urbanization and growing e-commerce sales. The market is predicted to experience growth in the future years ..

Rise in Mining Exploration Activities to Support Growth of Mining Equipment Market

Date: 30, July 2021 | Category: Metal & Mining

The global mining equipment market is expected to reach US$125.7 billion in 2025, growing at a CAGR of 5%, during 2021-2025. Factors such as increasing coal consumption in China, rising copper production from underground, growing sales of mineral fertilizers, rising demand for cobalt batteries and increasing use of electric machinery in underground mining would drive the growth of the market. H ..

Increasing Dental Tourism to Drive Global Clear Aligner Market

Date: 26, July 2021 | Category: Pharma & Healthcare

The global clear aligner market value is anticipated to reach US$4.66 billion in 2025, growing at a CAGR of 14.2% for the period spanning 2021-2025. The brand of aligners chosen, length of treatment required and how many aligners are needed determine the cost of treatment. Many companies provide a “payment plan” option, which allows patients to pay a deposit up-front with smaller monthly pa ..

Rise in Technology Spending is Likely to Boost the Global Smart City Market

Date: 17, July 2021 | Category: Construction & Real Estate

The global smart city market is anticipated to reach US$2.51 trillion in 2025, experiencing growth at a CAGR of 20.51% during the period spanning from 2021 to 2025. Growth in the market was supported by factors such as increasing technology spending on smart city initiatives, rising global urbanization and surging infrastructural investment. Growing adoption of artificial intelligence is likely ..

High Depreciation Rate of New Cars Supports the Europe Used Car Market

Date: 17, July 2021 | Category: Automotive

Europe used car market is predicted to reach US$960.98 billion in 2025, progressing at a CAGR of 5.27% over the period 2021-2025. Factors such as growing population, increasing car ownership, expanding urbanization, mounting penetration of internet and high depreciation rate of new cars would drive the growth of the market. However, the market growth would be challenged by fluctuating prices of ..

Increasing Shift towards Daily Disposable Lenses to Drive Contact Lens Market

Date: 14, July 2021 | Category: Pharma & Healthcare

The global contact lens market is forecasted to reach US$11.02 billion in 2025, growing at a CAGR of 7% for the period spanning 2021-2025. The factors such as increasing spending on eyewear products by population, rising prevalence of myopia, rapid urbanization and improving consumer confidence index are expected to drive the market. However, growth of the industry would be challenged by growth ..

Rising Construction to Drive Growth of the European Steel Market

Date: 7, July 2021 | Category: Metal & Mining

The European steel market is expected to reach US$107.5 billion in 2025, at a negative CAGR of 3.03%, for the duration spanning 2021-2025. The factors such as growth in automotive production, rising use of major home appliances, Upsurge in construction & heavy equipment sales, accelerating demand for finished steel products. and rapid urbanization would generate the market value. However, r ..