The global biometric technology market size is estimated to reach USD 150.58 billion by 2030, expanding at a CAGR of 20.4% from 2023 to 2030, according to a new study by Grand View Research, Inc. The growing demand for high-efficiency security systems is likely to drive considerable revenue growth in the worldwide biometric industry. An individual's distinctive physical and behavioral...

The global plastic pallets market size is anticipated to reach USD 11.20 billion by 2030, registering a CAGR of 5.6% from 2023 to 2030, according to a new report by Grand View Research, Inc. The global pallet market has been witnessing a considerable upsurge in growth from the past few years on account of steady growth in manufacturing activities globally. The increasing popularity of...

The global endoscopes market size is estimated to reach USD 33.45 billion by 2030, registering a CAGR of 4.88% from 2025 to 2030, according to a new report by Grand View Research, Inc. Growing awareness levels about minimally invasive surgical procedures and the increasing prevalence of chronic disorders are the major factors accelerating the market growth. The benefits, such as less...

The global power transformer market size is expected to reach a valuation of USD 38.91 billion by 2030 and is expected to expand at 7.1% CAGR from 2023 to 2030, according to a new study by Grand View Research Inc. Technical developments and growing electricity consumption is expected to accelerate power transformer industry growth. It is anticipated that significant infrastructure...

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The global engineered stone market size is expected to reach USD 36.76 billion by 2030, registering a CAGR of 5.8% over the forecast period, according to a new report by Grand View Research, Inc. Increasing product adoption as an environmentally sustainable and aesthetically pleasing low-cost alternative to natural stones like marble and granite is augmenting the market growth. The...