Thought Articles

surgical gowns market

The Rising Demand for Surgical Gowns in the Healthcare Industry

Over the projection period, the worldwide surgical gowns market is estimated to increase at a CAGR of 3.16% to reach US$1,090.617 million by 2027, up from US$904.798 million in 2021. Surgical gowns are worn by doctors during surgery. The surgeons…
collision avoidance system market

The Implementation of Collision Avoidance System in the Automotive Industry

The collision avoidance system market is expected to grow at a 9.34% CAGR from $10.997 billion in 2020 to $20.542 billion by 2027. A collision avoidance sensor system is used to identify objects or impediments in their path and assist them…
dry bulk shipping market

The Impact of Steel and Coal Production on the Dry Bulk Shipping Market

The worldwide dry bulk shipping market is expected to grow at a CAGR of 10.10% between 2020 and 2027, growing from US$257.554 billion in 2020 to US$505.242 billion by 2027. The most common bulk commodity is dry bulk. Iron and coal are the two…

3D Scanner Market – Product Innovations by Global Companies

The Global 3D Scanner Market is expected to grow at a CAGR of 13.84% over the forecast period to reach a total market size of US$3.019 billion by 2027, increasing from US$1.219 billion in 2020. The confluence of advanced technologies has the…

Spray Adhesive Market Driven by Growing Construction and Packaging Industries

The Spray Adhesive Market was valued at US$3.816 billion in 2020 and is expected to grow at a CAGR of 7.51% to reach a market size of US$6.334 billion in 2027. Spray adhesives are multipurpose adhesives that are applied to a surface from a…

Surge in Industrial Automation to Drive the Market for Automated Material Handling

The automated material handling market was valued at US$26.485 billion in 2020, and is estimated to grow at a CAGR of 7.36%, reaching a market size of US$43.528 billion by 2027. Computerized technologies that use robots in place of any human…

Exploring the 5G Ecosystem in India: Opportunities and Challenges

With the advent of 5G in India, mobile operators in India have the chance to expand into international markets, and consumers benefit from the economies of scale. The economic potential of any nation can rise with the aid of high-speed connectivity,…

Occupancy Sensor for Monitoring and Occupancy-Centric Controls

The occupancy sensor market is projected to grow at a CAGR of 12.94% during the forecast period to reach US$1,375.279 million by 2027, from US$586.672 million in 2020. Occupancy sensors can turn lights on when a person enters a room and off…

Defence and Energy Harvesting Sectors Will Drive the Market for Piezoelectric Devices

The Piezoelectric devices market was valued at US$21.730 billion for the year 2020 and is expected to grow at a CAGR of 5.22%, reaching a market size of US$31.027 billion by the year 2027.  Piezoelectric devices use the piezoelectric effect…
multi factor authentication market

A Double-Layer Assurance of Security Through Multi-Factor Authentication

The multi-factor authentication market is projected to grow at a CAGR of 16.88% during the forecast period to reach US$34.497 billion by 2027, up from US$11.543 billion in 2020. While signing into an online account the user has to go through…
screenless display market

The Expansion of Emerging Product Range and R&D will boost the Screenless Display Market

The screenless display market is projected to grow at a CAGR of 29.86% to reach US$6.713 billion in 2027 from US$1.078 billion in 2020. A projection-based screenless display employs a digital light processor, a mobile device operating system,…
Access Control Market

The Access Control Market – Modified and Enhanced Product Offerings by Global Companies

The access control market is estimated at US$6.637 billion for 2020, growing at a CAGR of 7.52% to reach a market size of US$11.029 billion by 2027. As digital technology has advanced, it has become increasingly challenging for organizations…