News

The market for sex reassignment surgery is anticipated to increase at a CAGR of 11.5% between 2023 and 2031. Incidences of gender dysphoria are on the rise, and an increasing number of people are opting for gender confirmation surgeries, which is expected to fuel growth throughout the forecast period. According to a study conducted by Cedars Sinai in June 2020, ...

The global market for self-priming centrifugal pumps is anticipated to increase at a CAGR of 5.5% during the forecast period of 2023 to 2031. The key driver driving growth in the market for self-priming centrifugal pumps is the ever-increasing need for self-priming pumps in industrial and municipal applications. Self-priming centrifugal pumps are widely used in the industrial sector for a ...

The global market for school furniture market is expected to grow at a CAGR of 6.5% during the forecast period of 2023 to 2031. Increasing emphasis on improving access to education in rural areas, towns, and cities has been a major factor in market expansion. In 2020, the National Center for Education Statistics (NCES) estimated that there were 130,930 K-12 ...

The market for rotary encoders is anticipated to expand at a CAGR of 8.5% between 2023 and 2031. Increasing industrial automation across a variety of industries is driving the demand for rotary encoders. Rotary encoders are utilised in numerous industries, including automotive, aerospace, manufacturing, and others. As a result of increased consumer demand in the aforementioned industries, industrial expansion across ...

The global market for real-world evidence solutions is anticipated to expand at a CAGR of 15% between 2023 and 2031. The increase of clinical trials and the shift from volume-based to value-based treatment are the key drivers driving the expansion of this industry. Utilizing RWE and RWD can enhance protocol design, hence minimizing the number of costly protocol modifications and ...

The global reach stacker market is anticipated to expand at a CAGR of 5.5% between 2023 and 2031. Consequently, due to the increased worldwide mobility of goods and products. This will increase the demand for reach stackers in numerous industries and ports. Major manufacturers of material handling equipment are investing in the expansion of reach stackers’ load capacities. Despite this, ...

The worldwide market for rainwear is anticipated to expand at a CAGR of 5% between 2023 and 2031. The market is primarily driven by the rising popularity of rainwear as a fashion trend, as well as the growing use of rainwear by the global labor force. As a fashion statement, rainwear has grown in importance among millennials. The color-blocking street ...

The agriculture market includes the production, processing, and distribution of crops, livestock, and other agricultural products. It is a vital component of the global economy, providing food, fuel, and other resources to support human life. The market revenue of the agriculture industry is influenced by various factors such as weather patterns, government policies, technological advancements, and consumer demand. The global ...

The global market for power transformers is projected to expand at a CAGR of 8.1% during the forecast period (2023–2031). The major purpose of power transformers is to transmit low-voltage generating electricity through power grid distribution lines. It is a crucial component of the electrical grid that enables the frequency-invariant transfer of power between networks. At low voltage, economic power ...

The global market for powder coating equipment is anticipated to expand at a CAGR of 5.2% between 2023 and 2031. The rising demand for energy-efficient devices as a result of the depletion of non-renewable resources, as well as the rising demand for powder coatings characterized by ease of use, increased flexibility, high quality, and storage performance, are significant factors driving ...