New Product Development
The global AI builder market is forecast to reach US$ 5.1 billion in 2023. Over the next ten years, global demand for AI builders is expected to increase at 31.1% CAGR. This will take the total market valuation to US$ 20.1 billion by 2033. Growth in the market is driven by several factors. This includes the quick …
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The AI deception tools market is predicted to grow rapidly, reaching $288.4 million by 2023. According to industry experts, this market is likely to rise at a strong CAGR of 24.6% throughout the forecast period, potentially reaching a staggering $2,608.5 million by 2033. This abrupt rise might be attributed to the increasing use of cybersecurity technologies, which …
The global laser trackers market is forecast to expand at 11.4% CAGR over the estimated time period. The industry’s size is predicted to reach a market value of USD 302.8 million in 2023. The laser trackers market is poised for significant growth, aiming to reach a substantial market value of USD 891.4 million. The laser trackers are projected …
The global hypercalcemia treatment market is forecast to attain a valuation of USD 18.07 billion by the end of 2023. With an impressive compound annual growth rate (CAGR) of 11.8% over the next decade, the market is expected to reach USD 55.07 billion by 2033. This growth is driven by the increasing prevalence of hypercalcemia, …
The global portable battery pack market is forecast to expand at 12.6% CAGR over the estimated time, as per FMI’s analysis. The industry’s size is predicted to reach a market value of US$ 16.89 Billion in 2023 and US$ 55.34 Billion by 2033. The market is positively influenced by the ongoing investments in portable battery packs …
The global elevator and escalator market is anticipated to reach a valuation of USD 69.0 Billion in 2023, driven by vertical farming and agriculture. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 7.2% between 2023 and 2033, and reaching a total valuation of approximately USD 138.2 Billion by …
The market for syringes and needles in the Gulf Cooperation Council (GCC) region is poised for significant growth, with sales expected to reach USD 688.5 million in 2024. The market is forecast to grow at a compound annual growth rate (CAGR) of 5.4%, ultimately reaching an estimated valuation of USD 1,164.9 million by 2034. This …
The Americas steel pipes market is poised for robust growth, with a projected market value reaching USD 24.8 million by 2023 and further expanding to USD 35.3 million by 2033. This anticipated growth trajectory is underpinned by a Compound Annual Growth Rate (CAGR) of 3.6%, signifying sustained positive momentum throughout the forecast period. The steel …
The industrial nailers market is anticipated to expand its roots at a steady CAGR of 7.8% between 2023 and 2033. The market is predicted to cross a market share of USD 1,432.6 million by 2033 while it is likely to be valued at USD 678.6 million in 2023. The hammer and nail, a classic duo that built countless structures throughout history. But for …
The global automated sortation system market is forecasted to achieve a significant milestone of USD 21.7 billion by 2034, reflecting a notable Compound Annual Growth Rate (CAGR) of 8.8% from 2024 to 2034. Furthermore, the market is anticipated to reach USD 9.3 billion in 2024, underscoring its continued expansion. The growth of automated sortation systems …