The global microwave devices market was valued at USD 7.49 billion in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 5.9% from 2023 to 2030. This growth is primarily driven by the increasing use of Silicon Carbide (SiC) and Gallium Nitride (GaN) devices in next-generation amplifier technologies, which are expected to revolutionize the industry. Microwave...

The global wheat protein market was valued at USD 6.77 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2030. This growth is primarily driven by the increasing popularity of plant-based diets and the rising number of individuals adopting vegan diets, particularly in developing economies. As more consumers opt for plant-based...

The global machine condition monitoring market was valued at USD 3.49 billion in 2024 and is expected to grow at a compound annual growth rate (CAGR) of 7.6% from 2025 to 2030. This growth is primarily driven by the need for advanced diagnostic tools to assess equipment health and predict maintenance needs effectively. Manufacturers increasingly rely on condition monitoring systems to enhance...

The global power transformer market was valued at USD 22.83 billion in 2022 and is anticipated to expand at a compound annual growth rate (CAGR) of 7.1% from 2023 to 2030. This growth is primarily driven by the increasing demand for electricity in both emerging and developed countries, coupled with significant investments in infrastructure. As urbanization and industrialization...

The global biopsy devices market, which was valued at USD 2.25 billion in 2023, is projected to expand significantly, growing at a compound annual growth rate (CAGR) of 7.2% from 2024 to 2030. Several key factors are contributing to the market's growth, including the rising global prevalence of cancer, an increasing emphasis on minimally invasive surgeries, the presence of untapped...

The global supply chain security market, valued at USD 2.13 billion in 2022, is projected to experience substantial growth, expanding at a compound annual growth rate (CAGR) of 11.1% from 2023 to 2030. This growth is primarily driven by the rising number of cyberattacks targeting supply chain processes, which have underscored the need for more robust security measures. As businesses face...

The global chromatography resin market, valued at USD 2.47 billion in 2023, is projected to grow at a compound annual growth rate (CAGR) of 6.8% from 2024 to 2030. This growth is largely driven by the increasing demand for chromatography techniques across a wide range of industries, including pharmaceuticals, chemicals, food & beverage (F&B), and others. Chromatography resins are...