Blogs

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,…

The Surge in SCADA Market in Today’s Data-Driven World

The SCADA market is projected to grow at a CAGR of 6.01% during the forecast period to reach a market size of US$34.519 billion by 2027, from US$22.946 billion in 2020.  SCADA (Supervisory Control and Data Acquisition) consists of multiple…

Ensuring the Thermal and Acoustic Comfort of the Building with HVAC Insulation

The HVAC insulation market is projected to grow at a CAGR of 5.82% during the forecast period to reach US$7.713 billion by 2027, from US$5.192 billion in 2020. HVAC systems seek to give everyone inside a building comfort and adequate indoor…
occupancy sensor market

The Burgeoning Occupancy of the Occupancy Sensors Market

The occupancy sensor market is projected to grow at a CAGR of 12.94% during the forecast period to reach a valuation of US$1,375.279 million by 2027, from US$586.672 million in 2020.  Occupancy sensors are sensors that detect motion thus enabling…
safety relays market

The Impact of the Industrial Revolution on the Safety Relays Market

The safety relays market is estimated to grow at a CAGR of 7.43% to reach a market size of US$838.575 million in 2027, from US$505.807 million in 2020.  Safety relays aid in the testing and monitoring of a safety system by allowing the machine…
electronic wet chemical market

A Charge in the Growth of Electronic Wet Chemicals

The global electronic wet chemical market is estimated to grow at a CAGR of 4.73% to reach a market size of US$3,308.455 million in 2027 from US$2,393.468 million in 2020.  The market penetration of these electronic wet chemicals has witnessed…
amino acids market

Supporting the Good Health of the Human Body With Amino Acids

The Amino Acids market is evaluated at US$15.743 billion for the year 2020 growing at a CAGR of 4.84% reaching a market size of US$21.917 billion by the year 2027. Amino Acid is an organic molecule that is made up of a basic amino group, they…
Access Control market

Increased Cybersecurity to Strengthen Access Control Systems

The Access Control market was valued at US$6.637 billion in 2020 and is expected to grow at a CAGR of 7.52% to reach a market size of US$11.029 billion in 2027. Access control is a method for improving the security of any computing system by…