The global automated external defibrillator market is expected to be worth US$ 17 Billion in 2022, with a CAGR of 11% during the forecast period. Sales of automated external defibrillators is expected to reach a valuation of US$ 48.26 Billion by 2032. In recent years, the healthcare industry has witnessed remarkable advancements in technology, leading to the development and widespread adoption...

The global vehicle access control market is valued at US$ 10 billion in 2023 and is projected to garner US$ 25 billion in revenue by 2033, rising at an impressive CAGR of 9.6% during the forecast period (2023 to 2033). The Vehicle Access Control Market is experiencing a transformative surge driven by the escalating need for enhanced security, efficient traffic...

The global medical composites market is estimated to reach a valuation of US$ 1.2 billion in 2023 and it is expected to grow at a CAGR of 9.0% to reach US$ 2.8 billion by the end of 2033.The medical composites market has experienced significant growth and innovation in recent years, driven by the increasing demand for lightweight, durable, and biocompatible materials in various medical...

The market for shoulder arthroplasty, which was valued at US$ 1.57 billion in 2023 and is anticipated to reach US$ 2.32 billion by the year 2033, is expected to grow at a CAGR of 4%. Within the healthcare industry, the shoulder arthroplasty market is a vibrant and quickly developing segment. It includes the design, manufacture, and marketing of devices for replacing the shoulder joint as well...

The global heat recovery ventilator market is estimated at US$ 3.7 Bn in 2022, and is forecast to reach US$ 7.7 Bn by the end of 2032, increasing at a CAGR of 7.4% over the 2022-2032 assessment period. In an era where environmental concerns and energy efficiency take center stage, the heat recovery ventilator (HRV) market has experienced significant...

The global metal coatings market is estimated at USD 15.3 Billion in 2022 and is forecast to reach USD 30.8 Billion by 2032, growing at a CAGR of 6.9% during 2022-2032. The metal coatings market is a vital sector within the broader global coatings industry, which plays a pivotal role in preserving and enhancing the lifespan and aesthetic appeal of metallic...

The spur gear market, a crucial segment within the broader gears industry, plays a pivotal role in various mechanical applications across diverse sectors. Spur gears, characterized by their simple design and effectiveness in transmitting motion and power, have witnessed significant growth and transformation in recent years. This article delves into the trends, challenges, and future prospects...

According to the latest research by Fact.MR, the global 3D profile sensors market is anticipated to grow at a CAGR of over 7%. The demand from the end-use industries such as aerospace & defense and automotive is more likely to observe a spurt in terms of volume and value, due to the adoption of automation technologies. The 3D Profile Sensors market is experiencing a significant surge,...

According to latest research by Fact.MR, cutlery steel market is set to grow at a CAGR over 3.2% during 2021-2031. The cutlery steel business is matured and its growth is anticipated to be steady during the forecast period. The surging usage in commercial sector and households for cooking in developed regions will aid the business growth. New product variety and innovative business strategies...

According to the latest research by Fact.MR, the grid tie inverter market is set to witness steady growth during 2021-2031. In short term, the demand is expected to increase at a steady pace. However, in the long run sales of these mixers is anticipated to grow with an impressive growth rate of more than 6.5% CAGR during the forecast period.In the pursuit of sustainable energy solutions, solar...