The global vacuum cleaner market is estimated to reach US$20.5 billion in 2024, growing at a CAGR of 6.06% for the period spanning from 2020 to 2024. The factors such as growing urban population, rising incidences of allergy related diseases, growing working women population, changing lifestyle and concerns about health and indoor air pollution are expected to drive the market. However, growth ..
The global non-alcoholic steatohepatitis (NASH) drugs market is expected to reach US$84.34 billion in 2029, growing at a CAGR of 39.13%, for the duration spanning 2018-2029. The factors such as rising healthcare expenditure, increasing pharmaceutical R&D expenditure, surging diabetic population, escalating obese population, unmet medical needs and sedentary lifestyles are expected to drive ..
The global multiplex assays market is expected to reach US$4.87 billion in 2024, increasing at a CAGR of 7.18%, for the duration spanning 2020-2024. The factors such as increasing prevalence of HIV, rising incidences of cancer cases, increasing medical technology R&D spending, growth in geriatric population, upsurge in healthcare expenditures, rise of multiplex immunoassays in drug discover ..
The global machine tool market is forecasted to reach US$67.9 billion in 2024, growing at a CAGR of 6.06% for the period spanning 2020-2024. The factors such as accelerating industrialization, increasing shipments of 5G smartphones, rapid urbanization, increasing electric vehicle deployment and improving consumer confidence are expected to drive the market. However, growth of the industry would ..
Salmon fish is one of the most popular seafood, which is widely consumed by the people all around the world. This fish species is highly rich in protein and provides some of the essential nutrients which are associated with a healthy profile in customers and therefore, considered as one of the functional food. Presently, the overall industry is experiencing growth with the ongoing research & ..
The global elevator & escalator (E&E) market is anticipated to reach US$142.2 billion in 2024, experiencing growth at a CAGR of 7% during the period spanning 2020-2024. The growth in the elevator & escalator market is driven by various factors such as increasing urbanization, surging aged population, rising construction expenditure and increasing gross domestic product. The market i ..
The global power tools market is estimated to reach US$57.4 billion in 2024, growing at a CAGR of 5.18% for the period spanning from 2020 to 2024. The factors such as increasing per capita disposable income, growing urban population, growing spending on construction and infrastructure projects, growing adoption of cordless power tools, growing automotive industry and rising remodeling and renov ..
The global OCTG market is expected to record a value of US$22.52 billion in 2024, increasing at a CAGR of 5.40%, for the duration spanning 2020-2024. The factors such as growing oil demand, growth in hydraulic fracturing activities, rising energy consumption, escalating investment on offshore drilling activities, accelerating economic growth and technological innovations in the drilling techniq ..
The global jack-up rig market volume is expected to reach 578 units in 2024, growing at a CAGR of 1.67% during the period spanning 2020-2024. The growth in the market is supported by factors like rising urban population, increasing GDP per capita and surging global offshore drilling market. The market is predicted to witness certain trends like upsurge in global oil demand and technological adv ..
The global copper foil market is estimated to reach US$15.24 billion in 2024, growing at a CAGR of 10.78% for the period spanning 2020-2024. The growth of the market has been driven by a rising demand for consumer electronics, rising urbanization, surge in automotive production, growing adoption of electric vehicles and accelerating economic growth. Some of the noteworthy trends of the market i ..