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The global paint process automation market size was valued at $3.34 billion in 2020, and is projected to reach $9.22 billion by 2030, registering a CAGR of 11.7% from 2021 to 2030. Paint process automation is an advanced method of industrial painting processes. It includes usage of high-end machines and robots. It helps users to increase competitiveness, product quality, and workman safety. Some ...

Robot software is the blend of computer application that is designed to improve the working process of the robot by providing a set of code or instructions to check the proper functioning of the robot. The key objective of the robot software is to enhance the performance of the robotic machinery and to produce better outcome. Robot finds its wide range of applications in various industry verticals...

Tracking-as-a-service is a cloud solution used to enhance logistics and supply chain across industries to track vehicles, assets, and inventories. Innovation in advanced technology such as investments in research, robots in warehouses, and adoption of locating services act as prime drivers for the market growth. Emergence of eye-tracking system technology, coupled with surge in demand for next-gen...

The global mother and child healthcare market was valued at $ 504.9 billion in 2020 and is projected to reach $ 1,795.9 billion by 2030 registering a CAGR of 13.7% from 2021 to 2030. Mother and child healthcare is the health service provided to mothers (women in their child bearing age) and children. The targets for mother and child healthcare are all women in their reproductive age groups, such ...

Very light jet refers to the type of small jet solution, which has seating capacity less than 10 people and maximum takeoff load is less than 13,000 lbs. or 5,900 kg. Most very light jets are driven through a conventional fuel propulsion system. However, in the recent years, hybrid/electric propulsion system is gaining traction. Under the scope of the research, only those jets have been considered...

High-voltage hybrid vehicle refers to the type of hybrid vehicle, which has operating voltage range more than 60V. High voltage hybrid vehicles are driven through a conventional IC engine and an electric drive system with high operating range. Under the scope of the research study, vehicles with high-voltage hybrid systems are designed either as full hybrids or plug-in hybrids. High-voltage full h...

The global SiC fiber market forecast was valued at $0.38 billion in 2020, and is projected to reach $1.47 billion by 2028, growing at a CAGR of 18.6% from 2021 to 2028. SiC (silicon carbide) fibers are mainly composed of silicon carbide molecules and they pose properties such as high stiffness, tensile strength, high chemical resistance, and low thermal expansion. These fibers are strong and oxida...

The trimethylhydroquinone market was valued at $944.2 million in 2020, and is projected to reach $1,282.6 million by 2028, growing at a CAGR of 4.0% from 2021 to 2028. Trimethylhydroquinone is also known as 2,3,5-trimethylhydroquinone. It comes under phenol category. It is a used in numerous applications such as synthesis of vitamin E, dyes, pigments, polymerization inhibitors, antioxidants, and o...

The global animal model market was valued at $1,469 million in 2020, and is projected to reach $2,677 million by 2030, registering a CAGR of 6.1% from 2021 to 2030. The animal in which biological and pathological studies are done & tested is known as an animal model. Animal models are utilized as they have functional similarity to the human body. They are used to study the development & advancem...

Online car buying market refers to the end-to-end buying of car through online platforms. Online car buying allows customer to have better price transparency, the ease of shopping from home, and a digital payment process. Customers can easily go through the available offerings and have quick access to product related information, prices and can instantly access a wide array of available vehicles a...

The global interactive whiteboard market size was valued at $4.29 billion in 2020, and is projected to reach $7.35 billion by 2030, to register a CAGR of 6.0% from 2021 to 2030. An interactive whiteboard is an interactive screen in the form of a whiteboard that responds to handler input either directly or via other devices such as digital pen. These devices are used at various places such as corp...

A credit card is a payment card issued to cardholders to enable the cardholder to pay a merchant for goods and services based on the cardholder's accrued debt. Credit card provides high security features for transferring payment from one account to another, which increases the demand for credit card among its users. Furthermore, credit card delivers numerous benefits to customers, which include pr...

The global OTC braces and supports market was valued at $649.71 million in 2019, and is estimated to reach $991.80 million by 2030, growing at a CAGR of 5.0% from 2021 to 2030. Orthopedic braces & supports are widely used for the treatment of ankle sprains and knee ligament injuries suffered during sports activities. Orthopedic braces are designed to control the position of the limb and to facilit...

Takaful is a system of insurance based on the Islamic principles of mutual assistance & donation and policyholders in a takaful arrangement agree to guarantee each other and make contributions to a pool or mutual fund instead of paying premiums. The pool of collected contributions creates the takaful fund and each participant's contribution is based on the type of coverage required and their perso...

The Asia-Pacific oleochemicals market was valued at $14.8 billion in 2020, and is projected to reach $26.5 billion by 2028, growing at a CAGR of 6.5% from 2021 to 2028. Oleochemicals are chemical compounds obtained from oils and natural fats that can be used as raw materials or additives in various industries. Major types for oleochemicals include fatty acids, fatty alcohols, glycerin, and others....

The global digital health market was valued at $145,884.3 million in 2020, and is projected to reach $767,718.9 million by 2030, registering a CAGR of 17.9% from 2021 to 2030. Digital health is defined as the technology in the healthcare sector, which enables the universal health care access, enhances the healthcare quality, and improves the physical & emotional well-being of consumers. The scope...

The global blind bolts market was valued at $3,585.8 million in 2020, and is projected to reach $5,770.2 million by 2030, registering a CAGR of 4.8% from 2021 to 2030. A blind bolt is a fastener that is installed to deliver more strength and long performance. Blind bolts consist of collar, sleeve, and steel pin, which are installed from one side of material to be joined, forming a tight seal that ...

The global battery materials market was valued at $45.6 billion in 2020, and is projected to reach $80.5 billion by 2030, growing at a CAGR of 5.9% from 2021 to 2030. Battery materials are the starting material in the upstream battery production. It mainly consists of lithium, nickel, and cobalt among others. These metals are mined by major mining companies before being processed in to metal compo...

Drone service, also known as unmanned aerial vehicle (UAV) service, is a rapidly growing market for services centered on flying robots that can be commanded remotely or flown independently utilizing software-controlled flight plans in their embedded devices. Commercial drone services or Drones as a Service, are being developed to assist industries such as agriculture, construction, search and resc...

The global industrial batteries market was valued at $9.0 billion in 2020, and is projected to reach $30.8 billion by 2030, growing at a CAGR of 13.2% from 2021 to 2030. The demand for industrial batteries has been witnessed to increase sharply, due to surge in demand of products where different batteries are used such as grid storage, uninterrupted power systems (UPS), and telecommunication secto...

The global automated waste collection system market was valued at $252,000.0 thousand in 2020, and is projected to reach $5,55,045.2 thousand by 2030, registering a CAGR of 10.7% from 2021 to 2030. An automated waste collection system (AWCS) is installed for transportation of waste through underground vacuum or pneumatic tubes to a collection station. The automated waste collection system eliminat...

E-waste is one of the fastest growing waste streams in the emerging as well as the developed regions. The reduced life spans of electrical, electronic, and consumer electronic devices are generating large e-waste, which is growing rapidly every year. The growth of e-waste market is supplemented by increase in need for upgrading to the latest technologies. A desire toward the adoption of new techno...

Light commercial vehicle has a wider application across different industries due to the need for smaller vehicles to run across the cities. Moreover, light commercial vehicles have been preferred by most of the end users due to the fact that they are efficient as compared to heavy commercial vehicles and at the same time they are fuel-efficient. Owing to the increased demand for efficient LCVs, ma...

The global LED light engine market size was valued at $25.15 Billion in 2020, and is projected to reach $91.27 Billion by 2030, to register a CAGR of 13.3% from 2021 to 2030. The LED light engine (LLE) is an integrated assembly which is composed of one or more LED arrays (modules) or light emitting diodes (LEDs) as well as an LED driver along with the other optical, mechanical, thermal, and electr...

The global monoclonal antibodies market was valued at $146,642 million in 2020, and is projected to reach $390,582 million by 2030, registering a CAGR of 10.2% from 2021 to 2030. Monoclonal antibodies (mAb) are the antibodies which are developed in a laboratory from clone of a single B-cell. These antibodies recognize & attach to a specific receptor present on the surface of cells. The monoclona...

Time and attendance software is a business application which is designed for tracking as well as optimizing the hours that employees spend on the job and keeping the records of salaries and wages paid. It is mainly used by HR departments and companies to simplify time tracking. These software solutions manage company time and attendance data by automatically calculating all hours worked as well as...

Cloud-based point of sale (cloud-based POS) is a type of point-of-sale system where information for transaction processing comes from a remote cloud service. In general, POS refers to the place where purchases happen, for instance, at a cashier’s kiosk or at a hostess desk (or side table) at a restaurant. One of the reasons that cloud-based sales point (POS) makes such an impact on retail space ...

The global anti-inflammatory therapeutics market size was $98,026 million in 2020 and is projected to reach $125,552 million by 2028, registering a CAGR of 4.0% from 2021 to 2028. Inflammation is triggered by the defense system of the body in response to harmful stimuli, damaged cells, irritants, and microorganisms. Inflammation is the mechanism of innate immunity, which seeks to eliminate the ca...

The global silicon photomultiplier market size was valued at $113.7 million in 2020, and is projected to reach $221.0 million by 2030, to register a CAGR of 6.8% from 2021 to 2030. A silicon photomultiplier (SiPM) is an electronic sensor, which generates an analog signal at output in real time. The histogram of the amplitudes relies on the time-characteristics & intensity of the incident light. Th...

Container and Kubernetes security is a process of securing and deploying cloud-native infrastructure & applications. The container and Kubernetes security is essential throughout the container lifecycle, owing to dynamic and distributed nature of Kubernetes cluster. Rise in concerns related to vulnerabilities and cyberattacks across the globe and surge in popularity of microservices are expected t...