Blogs

terahertz technology market

Terahertz Technology: Providing Thorough Vision

The 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…
self-checkout systems market

The Surge in Self-Checkout Systems Market in Today’s Cashless-Driven World

The 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…
smart vending machine market

The Impact of the E-commerce Industry on the Smart Vending Machine Market

The global smart vending machines market is expected to grow at a CAGR of 13.30% from a market value of US$4.807 billion in 2020 to reach up to US$11.522 billion in 2027. A vending machine is a machine that dispenses things kept within it in…
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…
specialty enzymes market

The Global Demand for Specialty Enzymes in Healthcare Industry

The global specialty enzymes market is expected to grow at a compound annual growth rate of 9.08% over the forecast period to reach a market size of US$5.144 billion in 2027 up from US$2.280 billion in 2020. Specialty enzymes are enzymes that…
surface inspection market

Automotive Industry to Steer the Growth of Servo Motors and Drives Market

The 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…
surface inspection market

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…

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…