The global vertical farming market is expected to record a value of US$15.43 billion, growing at a CAGR of 24.13%, for the time period of 2023-2027. Factors such as growing global population, accelerating investment into vertical farming, decline in agriculture land area, rising risk of water scarcity, growing problem of deforestation and rapid urbanization would drive the growth of the market. ..
The US health expenditure is forecasted to reach US$6.07 trillion in 2027, experiencing growth at a CAGR of 5.61% during the period spanning from 2023 to 2027. The national health expenditure by source of funds can be segmented as follows: Managed care, Out of pocket, Investments and Others. In 2022, the dominant share was held by managed care segment. This was being followed by out of pocket, ..
The Americas uncoated freesheet market demand is forecasted to reach 7.64 million metric tons in 2027, declining at a CAGR of 1.21%, for the time period of 2023-2027. In the Americas uncoated freesheet market, driving factors were increase in the number of school-going children, growth in paper packaging industry, increased commercial printing, growing number of businesses, and rapid urbanizati ..
The global social casino games market is expected to record a value of US$9.25 billion in 2027, rising at a CAGR of 6.24%, for the time period of 2023-2027. Factors such as rapid expansion of the gaming industry, rising number of mobile gaming users, growing number of smart devices and connections, mounting penetration of internet users and surging number of social media users would drive the g ..
The global RNAi therapeutics market is expected to record a value of US$1.26 billion in 2027, progressing at a CAGR of 10.02%, over the period 2023-2027. Factors such as rising utilization in oncology pharmaceuticals, accelerating growth rates of infectious diseases, enlarging geriatric population, increasing prevalence of neurodegenerative disorders and progress in collaborations and associate ..
The global mobile gaming market is expected to record a value of US$165.88 billion in 2027, rising at a CAGR of 9.40%, for the time period of 2023-2027. Factors such as expansion of gaming industry, rising consumer spending on mobile games, increase in number of mobile gaming users, surging ownership of smartphones, rising internet penetration rate and rapid urbanization would drive the growth ..
The global fuel cell market is expected to record a value of US$33.55 billion in 2027, progressing at a CAGR of 26.34%, over the period 2023-2027. Factors such as growing applications in electric and hybrid vehicles, rising unconventional oil and gas distribution activities, increasing demand for clean power generation methods, enlarging wireless surveillance industry, mounting environmental co ..
The China biological reagent market is forecasted to reach US$7.36 billion in 2027, experiencing growth at a CAGR of 14.99% during the period spanning from 2023 to 2027. Growth in the China biological reagent market was supported by factors such as increasing research in the field of life sciences, technological innovations, rising number of genome projects, rising incidence of genetic disorder ..
The global TDI market is forecasted to reach US$8.23 billion in 2027, experiencing growth at a CAGR of 3.36% during the period spanning from 2023 to 2027. The global MDI market is forecasted to reach US$44.86 billion in 2027, experiencing growth at a CAGR of 4.95% during the period spanning from 2023 to 2027. Growth in the global TDI and MDI market was supported by factors such as rising dispos ..
The global power tools market is expected to record a value of US$53.16 billion in 2027, rising at a CAGR of 5.70%, for the time period of 2023-2027. Factors such as surging number of construction activities, expansion of automotive industry, rising demand from wind energy industry and expanding urbanization would drive the growth of the market. However, the market growth would be challenged by ..