New Product Development
In 2023 and 2033, respectively, it is projected that the market for artificial intelligence in military would be worth $8.35 billion and $27.84 billion USD. The global market was initially expanding at a CAGR of 12.8% from 2023 to 2033. With the advancement of artificial intelligence for predictive maintenance in cutting-edge military equipment, the industry is predicted …
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By 2032, it is anticipated that the market for emergency spill response market will be worth US$49.5 billion. It is anticipated to expand at a manageable 5.5% annual rate between 2022 and 2032. The market has a value of about US$28.6 billion by 2022. Any occurrence involving a chemical spill or mixture, a dangerous material leak, or …
The global acoustic camera market revenues totaled USD 187.4 million in 2022. Over the next ten years, sales of acoustic cameras are forecast to surge at a 7.3% CAGR. By 2032, the total market valuation will reach USD 380 million. The handheld/tablet acoustic camera segment will continue to lead the global market through 2032. This is due to the …
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The market for smart hospitality and coworking spaces is anticipated to reach US$ 7.92 million in 2023. With a CAGR of 25.6%, it is anticipated to reach US$ 77.38 million by 2033. Due to the increasing use of cutting-edge technologies, the market for smart hospitality and coworking spaces is rising at a rapid rate. Other significant aspects, …
The global WAN connected returnable transport assets tracking market is predicted to witness astonishing growth, exhibiting a CAGR of 12.0% from 2023 to 2033. As per the recent report by FMI, the number of global connections is expected to cross 74.36 million in 2023 and 230.95 million by 2033. Returnable Transport Assets (RTAs) are specialized durable reusable …
The global Outdoor Public Safety Market is witnessing substantial growth, primarily driven by rising public safety requirements and technological advancements. In 2023, the market size was valued at $478.26 billion. This robust demand is set to continue, with projections indicating that the market will reach an impressive $1,274.74 billion by 2033, growing at a CAGR …
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The global polyethylene market is experiencing dynamic growth, driven by extensive demand across multiple sectors including packaging, automotive, construction, and consumer goods. Polyethylene, one of the most widely used polymers worldwide, is renowned for its versatility, lightweight properties, and durability, positioning it as a critical component in numerous applications. Market Overview In recent years, polyethylene’s …
The global benzene market is set to undergo substantial growth, driven by robust demand across various sectors including automotive, construction, electronics, and healthcare. Benzene, a versatile and key industrial chemical, plays an essential role in producing essential derivatives like ethylbenzene, cumene, and cyclohexane, which are widely used in the manufacturing of everyday products. Understanding the …
The global adhesive for resilient floor market is projected to reach a value of USD 2,969.5 million in 2024 and is expected to continue its growth at a compound annual growth rate (CAGR) of 6.3% throughout the forecast period. By 2034, the market is anticipated to nearly double, achieving an estimated value of USD 5,482 …
The global bentonite clay market is poised for significant growth, projected to reach a value of USD 1.9 billion in 2024 and expand to USD 3.2 billion by 2034. This growth is driven by the increasing demand for bentonite clay across various industries such as construction, agriculture, and oil drilling, owing to its unique properties …