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The utility-scale medium voltage digital substation market is set to grow at a solid pace of 7.5% per year from 2024 to 2032. This growth is largely due to the urgent need to modernize aging infrastructure, bring in renewable energy sources, and meet stricter safety and compliance regulations. By shifting to digital substations, utilities can streamline their operations, cut maintenance ...

The pet tech market is set to grow at a cool 14.2% CAGR during the forecast period of 2024 to 2032, thanks to tech advancements, a growing awareness of pet health, and changes in how pet owners live. The way technology is woven into pet care, along with a focus on health and the busy lifestyles of pet owners, are ...

Glutathione, a powerful antioxidant, has been getting a lot of attention recently because of its crucial role in protecting cells, detoxifying the body, and boosting the immune system. As more people around the world focus on health and wellness, the glutathione market has seen substantial growth. It’s predicted to grow at a CAGR of 9.2% from 2024 to 2032, driven ...

The cell line development market is expected to grow at a CAGR of 13.3% during the forecast period of 2024 to 2032, due to advancements in biotechnology and an increasing demand for biopharmaceuticals. Cell lines are essential for producing biologics, which include vaccines, therapeutic proteins, and monoclonal antibodies. The cell line development market is poised for significant growth driven by ...

The ducted heat pump market has witnessed significant growth, driven by rising energy efficiency demands, environmental sustainability concerns, and technological advancements. Ducted heat pumps, known for their ability to provide both heating and cooling efficiently, have become increasingly popular in residential, commercial, and industrial applications. The market is expected to grow at a compound annual growth rate (CAGR) of 8.2% ...

The stealth coatings market is projected to grow at a robust CAGR of 6.8% from 2024 to 2032, driven by increasing demand for advanced stealth technologies across various industries, expanding applications, and heightened geopolitical tensions necessitating enhanced defense capabilities. Despite challenges such as high development and application costs, the market is poised for substantial growth as industries seek advanced protective ...

The dry electrostatic precipitator (ESP) market is projected to grow at a robust CAGR of 6.7% from 2024 to 2032, driven by stringent environmental regulations, technological advancements, and increasing awareness of health and environmental impacts across various industries. Key drivers include regulatory compliance requirements, technological innovations enhancing efficiency, and a growing focus on sustainability. Despite challenges related to retrofitting costs ...

The specialty amino acid market is anticipated to grow at a compound annual growth rate (CAGR) of 8.1% during the forecast period of 2024 to 2032, due to a variety of variables that are impacting its trajectory. The market for specialized amino acids is expected to grow rapidly due to the strong demand in the animal nutrition, dietary supplement, and ...

The flanges market is anticipated to rise at a compound annual growth rate (CAGR) of 6.3% during the forecast period of 2024 to 2032. Increased industrialization, infrastructure development, and technical developments are some of the factors driving this growth. Important factors that are anticipated to fuel market expansion include the spread of new manufacturing methods, the need for high-performance materials, ...

The genetic testing market is expected to develop at a compound annual growth rate (CAGR) of 22.7% during the forecast period of 2024 to 2032. The market will be driven by technological improvements, growing awareness of genetic illnesses, and increased demand for personalized medicine. DNA is analyzed as part of genetic testing to look for alterations or mutations that could ...