Growing Number of Artificial Womb Facility Coupled with Contribution of Regulatory Bodies Propels the Market Growth
Published: May 2023
The global artificial womb facility market is anticipated to grow at a considerable CAGR of 8.9% during the forecast period. The market is mainly driven by the increasing contribution of research institutes, and the increasing availability of artificial womb facilities globally. For instance, in March 2021, a study published in the journal Nature described removing embryos from the uteruses of mice at 5 days of gestation and growing them for 6 more days in artificial wombs. The artificial womb opens a new window into how gene mutations or deletions affect fetal development.
Growing Demand for Energy to Propel the Demand for Fuel Storages
Published: May 2023
The global fuel storage tank market is anticipated to grow at a considerable CAGR of 4.2% during the forecast period. The growing demand for fuel storage across the globe to meet the growing energy demand is a key factor driving the growth of the global fuel storage tank market. For instance, in January 2023, Tanzania’s Ministry of Energy and UAE’s Emirates National Oil Company Group (ENOC) have signed a memorandum of understanding (MoU) for the construction of petroleum receiving and storage infrastructure.
Growing Consumer Goods Industry to Promote the Global Electrical & Electronic Plastics Market
Published: May 2023
The global electrical & electronic plastics market is anticipated to grow at a considerable CAGR of 8.6% during the forecast period. The growing consumer goods industry is a key factor driving the global electrical & electronic plastic market. According to Invest India, domestic Indian electronic devices market to reach $300 Bn by FY26. As per the data provided by DGCI&S, the export of electronic goods has increased from $11 billion in year 2020-21 to $14.6 billion in year 2021-22, exhibiting a Y-O-Y growth of 34.0% over last year.
Rising Terrorist Attacks and New Product Launch by Key Players to Boost the Growth of Bulletproof Glass Market
Published: May 2023
Global bulletproof glass market is estimated to grow at a CAGR of 10.1% during the forecast period. The increasing rate of terrorist attacks, and the rapidly rising application of bulletproof glass in the automotive sector for manufacturing windscreens, side windows, and back screens, to provide transparency and protection from external attacks are projected to drive market growth.
Automated Baggage Handling System to transform Global Baggage Handling Systems Market
Published: May 2023
The global baggage handling systems market is anticipated to grow at a considerable CAGR of 6.4% during the forecast period. To cater the fastest air traffic growth automation in the baggage handling systems across the globe is a key factor contributing to the growth of the global baggage handling systems market. For instance, considering the increase in passenger loads over the next decade with the existing infrastructure already reaching its threshold capacity, a brand-new integrated terminal building is under construction at Guwahati International Airport (GAU) that is envisaged to go live by the year 2024.
Specified Product Launches to Drive the Global Augmented Reality (AR) in Healthcare Market
Published: May 2023
The global augmented reality (AR) in healthcare market is anticipated to grow at a CAGR of 24.8% during the forecast period. The innovative product launches by key market players to meet the crucial medical demands is a key factor driving the growth of the global AR in healthcare market. For instance, in July 2022, Enovis has produced and launched a wearable AR device, ARVIS for orthopedic surgeries.
Growing Use of Innovative Products, Social Media, and Influencer Marketing to Drive the Hairbrush Market
Published: May 2023
The global hairbrush market is anticipated to grow at a considerable CAGR of 5.5% during the forecast period (2023-2030). The growth of the market is attributed to increased awareness of social media and influencer marketing. Nowadays social media plays a significant role in influencing consumer preferences and purchasing decisions. Hair care influencers and beauty bloggers often recommend and promote different types of hair brushes, that can drive consumer interest and demand for the specific product.
Suring Investment by Regulatory Bodies, coupled with Market Players' Initiatives, Fueled the Market Growth
Published: May 2023
The global stationary fuel cell market is anticipated to grow at a considerable CAGR of 13.1% during the forecast period. Surging investments from the private and public sectors focusing on establishing the hydrogen infrastructure along, with the growth in efficient power generation and transmission solutions support the growth of the market. Moreover, numerous government funding programs in line with the growing deployment of small and large-scale stationary fuel cells will further drive the growth of the market during the forecast period.
Increasing Frequency and Severity of Cyber-Attacks Drive the Global Cyber Security Insurance Market
Published: May 2023
The global cyber security insurance market is anticipated to grow at a considerable CAGR of 19.2% during the forecast period (2023-2030). The cyber security insurance is a policy with an insurance carrier to mitigate risk exposure by offsetting costs involved with damages and recovery after a cyber-related security breach or similar event. The increase in frequency and severity of cyber-attacks has led to more organizations considering investments in cyber insurance.
Rising Number of Advertising and Marketing Campaigns to Promote the Global On-Demand Home Services Market
Published: May 2023
The global on-demand home services market is anticipated to grow at a considerable CAGR of 14.8% during the forecast period. The rising number of advertising and marketing campaigns is currently a key trend in the on-demand home services market. Key players in the global online on-demand home services market are launching advertisement campaigns through different platforms to generate customer awareness and retain a solid customer base.