The global power electronics market size is expected to reach USD 53.66 billion by 2030, registering to grow at a CAGR of 5.2% from 2024 to 2030 according to a new report by Grand View Research, Inc. Increased focus on the usage of renewable energy sources has been one of the major factors driving the market. In addition, the development of power infrastructure, coupled with the...

The global propionic acid market size is expected to reach USD 1.40 billion by 2030, expanding at a CAGR of 3.4% from 2024 to 2030, according to a new report by Grand View Research, Inc. Animal feed application dominated the market accounting for over 50% of global demand in 2013. Increasing demand for mold & bacteria curbing additives in animal feed coupled with growing concern...

In the ever-evolving world of finance, decentralized finance (DeFi) has emerged as a transformative solution that’s redefining how businesses and startups approach financial transactions. By utilizing blockchain technology, DeFi provides an innovative way for companies to enhance efficiency, cut costs, and unlock new opportunities. For businesses looking to expand their financial...

The global real-time monitoring solutions for cold chain market size was valued at USD 12,427.8 million in 2023 and is expected to grow at a CAGR of 23.1% from 2024 to 2030. The rising demand for global real-time monitoring solutions in the cold chain market is driven by the need for greater control and efficiency in temperature-sensitive supply chains, particularly in industries such...

The global security services market size is expected to reach USD 212.36 billion by 2030, growing at a CAGR of 6.2% from 2023 to 2030, according to a new report by Grand View Research, Inc. Globalization has become an important driver behind security concerns. For instance, increasing international trade encourages more passenger and freight travel. The expansion of air, rail, road,...

The global single-use mixers market size is anticipated to reach USD 2.28 billion by 2030, expanding at a CAGR 8.42% from 2023 to 2030, according to a new report by Grand View Research, Inc. The increasing need for biopharmaceuticals, increased environmental awareness, and the growing threat of cross-contamination are the main drivers of market expansion. In addition, the demand for...

Bags and Containers Industry The global bags and containers market size is expected to reach USD 56.86 billion by 2028, registering a CAGR of 5.6% during the forecast period, according to a new report by Grand View Research, Inc. Consumer’s increased inclination for the fashionable, trendy and lightweight bags designed for travel and tourism propels the bags & containers...

Battery Recycling Industry The global battery recycling market size is expected to reach USD 17.08 billion by 2030, registering a CAGR of 37.6% over the forecast period, according to a new report by Grand View Research, Inc. Technological advancements in the recycling industry are making battery recycling more efficient and cost-effective, which is another factor contributing to the...

Biliary Stents Industry The global biliary stents market size is estimated to reach USD 197.96 million by 2030, based on a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 5.0% from 2024 to 2030. The market is experiencing robust growth, driven by the escalating incidence of biliary disorders and chronic liver diseases. In the U.S., liver cancer...

Biological Safety Cabinet Industry The global biological safety cabinet market size is expected to reach USD 352.41 million by 2030, registering a CAGR of 7.62%, according to a new report by Grand View Research, Inc. Technological advancements due to a rise in laboratory procedures performed that play a crucial role in the safety of personnel, product, and environment, have...