Blogs

The Rising Influence of the Oil & Gas Industries on Subsea Systems

The subsea systems market is projected to grow at a CAGR of 3.46% to reach US$15.588 billion by 2027, from US$12.282 billion in 2020. Subsea systems provide perfect options for high oil recovery in mature offshore wells while being cost-effective…
beauty drinks market

The Growing Market Trend of Beauty Drinks

The global beauty drinks market is projected to grow at a CAGR of 8.33% to reach US$1,269.732 million by 2027, from US$725.288 million in 2020. Beauty drinks are nutritional drinks that promote anti-aging, brighten the skin, and diminish the…

Computer Graphics Capturing the Entertainment Industry

The computer graphics market was valued at US$216.686 billion in 2020 and is expected to grow at a CAGR of 6.67% to reach a market size of US$340.475 billion in 2027. Graphics refers to anything that can be represented visually or graphically.…

Gaming Industry to Accelerate the Demand for 3D Sensors

The 3D sensor market was valued at US$2.423 billion in 2020 and is expected to grow at a CAGR of 12.64% to reach a market size of US$5.576 billion in 2027. Devices called 3D sensors produce 3D maps of the user's environment or surroundings…

The Impact of Advanced Process Control on Manufacturing Industries

The advanced process control market was evaluated at US$1,699.590 million for 2020 and is projected to grow at a CAGR of 8.36%, reaching a market size of US$2,981.447 million by 2027. The advanced process control system is a collection of optimization…
supercapacitor market

Supercapacitors: A High Energy Device for Shifting Energy Preferences

The supercapacitor market is projected to grow at a CAGR of 20.69% during the forecast period to reach US$3,010.052 million by 2027, from US$807.096 million in 2020.  The rising demand for consumer electronic applications gave birth to battery…
surface inspection market

Surface Inspection: A Leading Process for Quality Assurance

The surface inspection market is projected to grow at a CAGR of 6.55% during the forecast period to reach US$5.911 billion by 2027, from US$3.792 billion in 2020. Surface inspection is a process that involves the use of angled lighting, smart…
3D Scanner Market

Video Games and Virtual Cinematography Foster the Growth of 3D Scanners

The 3D Scanner Market was valued at US$1.219 billion in 2020 and is expected to grow at a CAGR of 13.84 % to reach a market size of US$3.019 billion in 2027. Using 3D scanning enables recording an object's three-dimensional characteristics…
transparent ceramics market

Defence and Aerospace Industries Driving the Demand for Transparent Ceramics

The Global Transparent Ceramics market was valued at US$355.287 million in 2020 and is expected to grow at a CAGR of 24.93% to reach a market size of US$1,687.321 million in 2027. Transparent ceramics are a class of advanced materials with…

Solid-State Transformers Harnessing Renewable Energy Production

The 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,…

The Impact of the Automotive Industry on the Specialty Silica Market

The specialty silica market was valued at US$3.716 billion in 2020 and is projected to expand at a CAGR of 9.37% over the forecast period to reach US$6.958 billion by 2027. The increased demand for rubber, coatings, and paints in various sectors…

Increased Spray Adhesive Market Growth and the Rising Demand from End-User Industries

The spray adhesive market is expected to grow at a CAGR of 7.51% over the forecast period to reach a total market size of US$6.334 billion by 2027, increasing from US$3.816 billion in 2020. Due to the increasing demand from the end-user industries,…