The global breathing circuit market is projected to achieve a valuation of USD 21.6 billion by 2034, according to recent market analysis. While this represents a steady increase from its current valuation of USD 15.3 billion in 2024, the industry is expected to grow at a moderate compound annual growth rate (CAGR) of 3.5% over …
Category Archives: Business
Grease Analyzer Market to Reach USD 15.4 Billion by 2032, Driven by Demand for Water Quality Maintenance
The global grease analyzer market is projected to grow from USD 11.8 billion in 2022 to USD 15.4 billion by 2032, reflecting a steady CAGR of 7.9% during the forecast period. The increasing need to maintain the quality of ground and surface water for public safety is expected to drive demand for grease analyzers. Their …
Antimicrobial Susceptibility Tester Market to Reach USD 6.37 Billion by 2032, Driven by Rising Challenges from Microbial Mutations
The global antimicrobial susceptibility tester market is projected to grow from USD 3.7 billion in 2022 to USD 6.37 billion by 2032, reflecting a CAGR of 5.6% over the forecast period. The growing challenge posed by mutations in bacteria, viruses, fungi, and other microbes is a key driver, as these mutations reduce the effectiveness of …
SCC Tester Market Expected to Grow at a 5%-6% CAGR by 2032, Driven by Infrastructure Investments
The SCC tester market is projected to experience steady growth at a CAGR of 5%-6% from 2022 to 2032. Rising investments in the construction and infrastructure sectors across various countries are expected to drive the market’s expansion during this period. An SCC tester is fundamentally known as a slump cone concrete tester. An SCC tester …
Shear Testing Equipment Market Expected to Grow Steadily at 3.3% to 3.6% CAGR by 2032
Global demand for shear testing equipment is projected to increase at a CAGR of approximately 3.3% to 3.6% from 2022 to 2032. The rapid adoption of shear testing tools across manufacturing industries, research laboratories, and educational institutions is a major driver fueling market growth. Shear Testing Equipment market study offers a comprehensive analysis of the …
Leak Testing Market Projected to Reach USD 13.0 Billion by 2032, Driven by Growing Demand for Detection Solutions
The global leak testing market was valued at USD 7.8 billion in 2021 and is expected to grow at a CAGR of 4.8%, reaching USD 13.0 billion by 2032. The hardware segment, particularly detectors, is anticipated to account for more than 30.3% of the market share by the end of the forecast period. Technological innovations …
Melting Point Apparatus Market to Reach USD 34.1 Billion by 2032, Driven by Rising Demand in Chemical and Pharmaceutical Sectors
The global melting point apparatus market is projected to grow steadily at a CAGR of 7.5% from 2022 to 2032, reaching a value of USD 34.1 billion by 2032. Increasing demand for melting point apparatus in the chemical, materials, and pharmaceutical industries is expected to drive this growth. According to FMI, the market is estimated …
Tech-Savvy Hotel Chains Market to Quadruple by 2034, Driven by Rapid Technological Integration
The global tech-savvy hotel chains market is projected to grow from approximately USD 70,898.5 million in 2024 to USD 294,394.8 million by 2034, with a strong CAGR of 15.3% during the forecast period. In 2023, the market’s value was USD 61,597.3 million, and it is expected to experience a year-on-year growth rate of 13.1% in …
Chickpea Flour Market Poised for Significant Growth, Projected to Reach USD 5,093.1 Million by 2034
The global chickpea flour market is slated to be worth around USD 2,574.1 million in 2024. The market is poised to grow at an encouraging CAGR of 7.1% over the projected period. The global chickpea flour industry is penned in to garner a revenue of almost USD 5,093.1 million by the end of this projected period …
Pulse Flours Market to Reach USD 38.0 Billion by 2033: A Growing Demand for Healthier Alternatives
The pulse flours market is expected to be valued at USD 19.3 billion in 2023, registering a CAGR of 7.0% to USD 38.0 billion by 2033. Due to features such as minimal fat, high fiber content, and low glycemic index, the demand for pulse flours is predicted to rise in the near future. Increasing Adoption …