Blogs

Enteral Feeding Devices for Sustaining Adequate Hydration and Nutrition
BlogThe global enteral feeding devices market is evaluated at US$1,733.074 million for 2020 and is projected to grow at a CAGR of 4.26% to reach the market size of US$2,320.075 million by 2027. Enteral feeding, which includes oral and tube feeding,…

Global Supply Demand Driving Growth of Dry-Bulk Shipping Market
BlogThe global dry bulk shipping market is anticipated to increase at a CAGR of 10.10%, rising from US$257.554 billion in 2020 to US$505.242 billion by 2027.
Dry Bulk shipping refers to ships that transport commercial dry materials in 'loose' bulk…

Passenger Information System for Better Passenger Experience
BlogThe passenger information systems market is anticipated to increase at a CAGR of 21.84% for the forecast period, from US$7.522 billion in 2020 to a total market value of US$29.99 billion by 2027.
The Passenger Information System, or PIS, is…

Wireless Audio Devices: Listen Without Any Tangles
BlogWireless Audio Devices Market is projected to grow at a CAGR of 16.96% to reach a market size of US$54.456 billion by 2027.
Radio frequency (RF) waves are used by wireless audio devices to receive audio signals instead of audio cords. A Wi-Fi…

Terahertz Technology: Providing Thorough Vision
BlogThe Global Terahertz Technology Market is expected to grow at a CAGR of 25.83% to reach US$1,670.976 million by 2027.
The only portion of the entire electromagnetic wave spectrum that has not seen technical and economic development is the terahertz…

The Surge in Self-Checkout Systems Market in Today’s Cashless-Driven World
BlogThe self-checkout systems market was valued at US$11.041 billion in 2020 and is projected to increase at a CAGR of 19.44% to reach US$38.295 billion by 2027.
Self-checkout systems are automated systems used in the retail, grocery, and hospitality…

Automotive Industry to Steer the Growth of Servo Motors and Drives Market
BlogThe servo motors and drives market is expected to grow at a CAGR of 6.01% over the forecast period 2020 to 2027.
Machines that need precise position control typically use servo motors and drives. Electric servomechanisms are driven by specifically…

Solid-State Transformers Harnessing Renewable Energy Production
BlogThe solid-state transformer market is valued at US$158.820 million for 2020 and is expected to grow rapidly during the forecast period of 2020 to 2027.
SSTs (Solid-State Transformers) are made up of control circuits, high-power semiconductors,…

Screenless Display Transforming Medical Training and Diagnosis
BlogThe screenless display market was valued at US$1.078 billion in 2020 and is expected to grow at a CAGR of 29.86% to reach a market size of US$6.713 billion in 2027. The latest display technology screenless display replaces the use of touch screen…

Oil Drilling Automation Makes Oil Drilling Much Easier market
BlogThe Oil Drilling Automation market is expected to grow at a compound annual growth rate of 10.14% over the analyzed period to reach a market size of US$689.301 million in 2027. The market stood at US$350.683 million in 2020. Oil drilling automation…

Global Geothermal Power Market – A Global Phenomena
BlogThe Global Geothermal Power Market is expected to grow at a compound annual growth rate of 2.81 % over the forecasted period to reach a market size of US$1.740 billion in 2027 from US$1.434 billion in 2020.
Geothermal power is a renewable…

Postal Automation Market to Grow With Significant Rate
BlogThe global postal automation market was valued at US$3.238 billion in the year 2019 and is estimated to reach up to US$4.900 billion in 2026 to grow at the compound annual growth rate of 6.10%. The postal system is sending and receiving…