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Showing posts from September, 2024

Wireless Charging Market - Forecast(2024 - 2030)

Wireless Charging Market Overview: According to the findings by Forbes, 50.8% of the global population has access to the Internet which translates to 4 billion Internet users. This figure largely attributes to the growing mobile phone users across the globe — a number that was already a whopping 7.512 billion according to World Bank in 2016, and the figure has been incessantly increasing since then. Now, these mobile users open up the market for wireless charging that generated a market revenue of nearly $20 billion in 2018, according to this IndustryARC market research report. Furthermore, the analyst predicts the wireless charging market to grow at a staggering CAGR of 30% over the course of the forecast period of 2019 to 2025. Download report sample  Now, China alone has more than 800 million Internet users, 98% of whom are mobile users, according to a survey by Forbes. Considering that China has a major share in mobile phones market, and the production of consumers electronic...

Water Treatment Chemicals Market - Forecast(2024 - 2030)

Water Treatment Chemicals Market Overview The Water Treatment Chemicals Market size is estimated to reach  US$49.22 billion  by 2030, after growing at a  CAGR of 3.4%  during the forecast period 2024-2030. Water treatment is the process of extraction of unwanted components and pollutants from the water using chemicals such as chlorine, chloramines, chlorine dioxide, biocides, coagulants, disinfectants and others. The Water Treatment Chemicals are increasingly used for applicability in boiler water chemicals, raw  water treatment , water purification and others across major end-use industries, thereby acting as a driving factor in the Water Treatment Chemicals industry. In addition, surging water treatment projects and awareness for wastewater treatment and purification are propelling the growth scope for Water Treatment Chemicals. However, significant recovery is boosting the demand for Water Treatment Chemicals for a wide range of applicability and utilization ...

Water & Wastewater Treatment Technologies Market - Forecast(2024 - 2030)

  Water & Wastewater Treatment Technologies Market — Forecast(2024–2030) Water & Wastewater Treatment Technologies Market Overview The Water & Wastewater Treatment Technologies Market size is estimated to reach a value of US$95.1 billion by the end of 2027 after growing at a CAGR of 6.9% during the forecast period 2022–2027. The water and wastewater treatment technologies are the technologies utilized to remove the contaminants and bacteria from the water, to deliver clean, potable water for consumption. The growing pulp & paper industry is anticipated to drive the demand for water and wastewater treatment technologies such as reverse osmosis, membrane filtration, biological treatment and others, for clarification to remove solids and particulate matter and decrease effluent toxicity. Moreover, the increasing requirement for water and wastewater treatment technologies in the oil & gas industry for the separation of oils, fats and hydrocarbons and to reduce...

Water Softener Market - Forecast(2024 - 2030)

Water Softener Market Overview: According to a study on hard water conducted by the United States Geological Survey, 85% of all states in the U.S. are supplied with hard water. Hard water has a high concentration of minerals and salts that forms the core of water supply in this region. It has a detrimental effect on health and negatively impacts household activities such as cleaning, dishwashing, and laundering. Hard water often forms a white ring composed out of salts around most of the products and the salts in it can even penetrate into sweat composition. Inadvertently, most countries in the world are facing this problem and relying on the water softener market for a feasible solution for this persistent issue. The water softener market has therefore earned a massive amount of revenue in 2018 which has been evaluated at $7.2 billion. Both commercial, and residential places, utilize water in various kinds of activities ranging from menial to large scale tasks, which is why this mark...

Automotive Semiconductor Market - Forecast(2024 - 2030)

Automotive Semiconductor Market Overview Automotive Semiconductor market size is forecast to reach US$91 billion by 2030, after growing at a CAGR of 7.8% during 2024–2030. The automotive semiconductor market is primarily driven by the growing demand for advanced vehicle technologies, such as ADAS (Advanced Driver Assistance Systems), infotainment systems, and autonomous driving features. This surge in technology adoption is crucial for enhancing vehicle performance and safety and is supported by regulatory pressures. Stringent emissions and safety standards, like the EU’s Euro 7, require sophisticated semiconductor solutions to ensure compliance. Additionally, the rise of electric vehicles (EVs) significantly impacts the market, as these vehicles require specialized semiconductor technologies for battery management systems , powertrain control, and charging infrastructure. Automobile manufacturers are incorporating advanced semiconductor technologies to improve vehicle performance...
  3D Printing Market Overview: The global 3D printing market is estimated to surpass $118.0 billion by 2030 growing at an estimated CAGR of more than 20.5% from 2024 to 2030.  𝑭𝒐𝒓 𝑴𝒐𝒓𝒆 𝑰𝒏𝒇𝒐𝒓𝒎𝒂𝒕𝒊𝒐𝒏   The market is majorly driven by important characteristics i.e. increasing number of government investments in 3D printing projects, ease in production, customizable products and reduction in manufacturing cost. According to the International Diabetes Federation, 425 million people globally are currently suffering from diabetes, and the disease results in lower limb amputation one in every 30 seconds. However, artificial 3D printing has opened up scope in the modern medical industry for people to opt for advanced, cost-effective, and appealing designed prosthetics. Healthcare sector has helped in generating a huge demand in the 3D printing market owing to its versatile application in dental implants, hearing aids, artificial organs, etc. 3D bioprinting f...

UPS Battery Market - Forecast(2024 - 2030)

  UPS Battery Market Overview: UPS Battery Market size is estimated to reach US$1.8 billion by 2030, growing at a CAGR of 9.8% during the forecast period 2024–2030. Growing power consumption & demand for UPS and Technological advancements & innovations are expected to propel the growth of UPS Battery Market.  𝑭𝒐𝒓 𝑴𝒐𝒓𝒆 𝑰𝒏𝒇𝒐𝒓𝒎𝒂𝒕𝒊𝒐𝒏  Adoption of Lithium-ion Batteries are increasingly gaining traction in the UPS battery market due to their numerous advantages over traditional lead-acid batteries. Li-ion batteries offer higher energy density, longer lifespan, faster recharge times, and lower maintenance requirements compared to lead-acid counterparts. Additionally, Li-ion batteries are more compact and lightweight, making them ideal for space-constrained environments such as data centers and edge computing facilities. The growing demand for UPS solutions with higher efficiency, reliability, and scalability is driving the adoption of Li-ion batteries a...