The global medical tubing market is expected to witness a 10.2% CAGR during 2021-2027. In the medical and pharmaceutical industries, medical tubing is designed for a wide range of applications. They are commonly used in healthcare settings for the administration of fluids and devices, as well as the transfer of gas. IVs and ventilators are two common applications for medical tubing. As a result of . . .
The global polyolefins market is expected to witness CAGR of 5.3% during the forecast period. Factors attributing to the growth of the polyolefin pipes market include the rising adoption in the building & construction, agriculture, and other industries in the developing economies of APAC and South America, advancement in the solar power industry will fuel the growth. Moreover, the surge . . .
The large format printer market is expected to witness a 5.5% CAGR during the forecast period. Large format printers are operated to print materials that are too large to be printed on the most commonly available sizes of commercial printing presses. Large format printing necessitates the use of specialized production equipment that can accept print dimensions that are larger than conventional. Ba . . .
The global heat exchangers market is anticipated to grow at a 5.25% CAGR during the forecast period. Heat exchangers are a system that allows heat exchange from a fluid to another fluid without the need to mix those fluids or allow them to come in direct contact. Heat exchangers aid in the heating and cooling of buildings, and also for the smooth functioning of engines and machines. As a result, t . . .
The laminated glass market is anticipated to have considerable growth i.e. at a 6.1% CAGR owing to the extensive application of laminated glass in various industry verticals. Multiple layers of heat-strengthened or tempered glass are pressed together and heated to create laminated glass. An interlayer separates the laminated glass. When glass fragments are hit by an impact, the interlayer helps to . . .
The process automation and instrumentation market is expected to witness CAGR of 2.7% during the forecast period. Process Automation is a technology that uses automated equipment or machines in diverse industries to decrease or eliminate human labor and increase job productivity in a short span of time. The manufacturing and industrial sectors are rapidly evolving in process automation, resulting . . .
The global bus compressor market is anticipated to grow at 3.81% CAGR during the forecast period. Compressed air technology has gained significance owing to the safe and reliable operation of crucial applications in city buses, and companies in the bus compressor industry are exploiting it. Apart from air conditioning, manufacturers are diversifying their revenue streams by adding braking sys . . .
The global test automation systems for powertrain dynamometer market is expected to witness CAGR of 5.78% during the forecast period. Test automation systems for powertrain dynamometers are made up of data acquisition and control modules that automate the performance, durability, and other tests carried out in the test cell. These systems allow technicians and engineers to organize, run, and analy . . .
The global silicon carbide market is expected to witness a CAGR of 18.5% during the forecast period. The rising demand from steel manufacturing and steel processing industry as it is used as a deoxidizing agent and is a major raw material in refractories production along with robust growth from the electronics industry in the midst of COVID-19 will accelerate the growth of the silicon carbide mark . . .
The global near-field communication market is expected to witness a CAGR of 14.5% during the forecast period. Near Field Communication Market is based on a wireless interface that allows all communication equipment and electronic gadgets to communicate with one another by establishing radio connectivity under proximity. This technology is mostly utilized for short-range data sharing on smartphones . . .