Thought Articles

insulin delivery devices

How Technological Advancements Have Influenced the Global Insulin Delivery Devices Market

The worldwide insulin delivery devices market is expected to increase at a compound yearly growth rate of 6.11% from US$11.938 billion in 2020 to US$18.085 billion by 2027. The growing number of patients requiring daily insulin administration…
infant formula market

The Rising Nutritional Value of the Global Infant Formula Market

The global infant formula market is expected to increase at a 14.36% CAGR to reach US$120.303 billion by 2027, compared to US$47.027 billion in 2020. The infant baby formula comprises a formula for newborns aged 0 to 6 months. They are advised…
farm equipment market

Farm Equipment Market Driven by Government Policies and Support

The global farm equipment market is anticipated to expand at a CAGR of 7.34% throughout the forecast period, from US$117,147.192 million in 2020 to a total market value of US$192,280.893 million by 2027. Tools, machinery, and upkeep supplies…
screenless display market

3D Sensor Market – Rising Demand from End-User Industries and Incorporation of Advanced Technologies

The global 3D Sensor market is projected to witness a CAGR of 12.64% over the forecast period to reach a total market size of US$5.576 billion by 2027, from US$2.423 billion in 2020.  The increasing use of smart devices by individuals all…
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…

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…

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…

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…
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,…