Metal Magnesium Industry The global metal magnesium market size is projected to reach USD 6.99 billion by 2030, according to a recent report published by Grand View Research, Inc. The market is expected to expand at a compound annual growth rate (CAGR) of 5.3% throughout the forecast period. One of the primary factors driving this growth is the increasing demand for lightweight components,...

U.S. Smart Lock Industry The U.S. smart lock market size was estimated at USD 765.8 million in 2023 and is projected to expand at a compound annual growth rate (CAGR) of 16.0% from 2024 to 2030. The United States plays a key role in driving the overall growth of the regional smart lock market. This is largely due to the strong presence of major technology companies within the country, including...

Carpet Industry The global carpet market size was valued at USD 17,030.7 million in 2022 and is anticipated to expand at a compound annual growth rate (CAGR) of 4.1% throughout the forecast period. The overall demand for carpets is intricately linked to the performance of the housing market, which includes both the development of newly constructed residential properties and the sale of existing...

Adaptive Learning Industry The global adaptive learning market size was valued at USD 3.46 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 21.4% from 2023 to 2030. Adaptive learning, also referred to as adaptive teaching, utilizes computer algorithms and artificial intelligence to address the unique educational needs of individual learners. By tailoring...

AI-based Surgical Robots Industry The global AI-based surgical robots market size is projected to reach USD 25.2 billion by the year 2030, exhibiting a compound annual growth rate (CAGR) of 18.9% during the forecast period, as per a newly published report by Grand View Research, Inc. Robot-assisted surgery enables medical professionals to carry out a wide range of complex surgical procedures...

Healthcare Chatbot Industry The global healthcare chatbot market size is projected to reach USD 4355.6 million by the year 2030, growing at a compound annual growth rate (CAGR) of 24% during the forecast period from 2025 to 2030, as reported in a recent study conducted by Grand View Research, Inc. Several critical factors are propelling this growth, including the increasing demand for virtual...

Water Desalination Equipment Industry The global market for water desalination equipment was valued at approximately USD 18.36 billion in 2024 and is expected to experience a significant growth rate, with a compound annual growth rate (CAGR) of 9.6% projected between 2025 and 2030. This growth is driven primarily by the increasing scarcity of freshwater resources combined with the rising demand...

Industrial Pumps Industry The global industrial pumps market was valued at approximately USD 43.90 billion in the year 2023 and is projected to expand at a compound annual growth rate (CAGR) of 4.7% over the forecast period from 2024 to 2030. The anticipated market growth can be primarily attributed to the increasing adoption of industrial pumps across a variety of industries, including but not...

Active Electronic Components Industry The global active electronic components market was valued at an estimated USD 338.87 billion in the year 2024 and is expected to witness consistent growth at a compound annual growth rate (CAGR) of 6.9% during the forecast period spanning from 2025 to 2030. Active electronic components are essential elements integrated into electronic circuits, primarily to...

Recycled Polyethylene Terephthalate Industry The global recycled polyethylene terephthalate market was valued at approximately USD 10.8 billion in 2023 and is forecasted to expand at a compound annual growth rate (CAGR) of 8.5% over the period from 2024 to 2030. This expected market growth can largely be credited to the increasing implementation of sustainability initiatives by companies...