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Showing posts from January, 2024

Electric Motors for Electric Vehicle Market Poised for Rapid Growth

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Incorporating electric motors that run on electricity rather than gasoline helps reduce emissions from vehicles and contributes to a green and sustainable future. Electric motors offer noiseless operations, minimal maintenance requirements, and zero emission benefits. The global Electric Motors for Electric Vehicle Market is estimated to be valued at US$ 9463.7 Bn in 2024 and is expected to exhibit a CAGR of 39% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. The global Electric Motors for Electric Vehicle Market is driven by the increasing demand for electric vehicles worldwide owing to stringent emission norms and the push towards cleaner mobility solutions. Electric vehicles rely on electric motors that operate on electricity rather than gasoline to drive the wheels. Electric motors help improve vehicle efficiency while reducing carbon footprint making electric vehicles an attractive proposition. Market key trends:

The Global Mosquito Borne Disease Market Growth Accelerated by Increased Prevalence of Mosquito Borne Diseases

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  Mosquito borne diseases like malaria, dengue, chikungunya, yellow fever, and zika fever are spreading rapidly due to factors like global warming, unplanned urbanization and increased international travel and trade. Mosquito borne diseases affect both economic and social conditions of individuals as well as countries. The increasing burden of diseases has boosted the demand for effective prevention and treatment solutions in the market. The global Mosquito Borne Disease Market is estimated to be valued at US$ 3.59 Bn in 2024 and is expected to exhibit a CAGR of 7.5% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: Increased prevalence of mosquito borne diseases has boosted the adoption of preventive measures. According to the World Health Organization (WHO), around half of the world's population is at risk of malaria and there were about 241 million new cases of malaria worldwide in 2020. Rising

The global lead acid battery market Growth Accelerated by Adoption of Renewable Energy Storage System

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Lead acid batteries are widely used storage devices for reserve energy to power electric vehicles, solar home systems, and backup power systems. Some key advantages of lead acid batteries include cost effectiveness, reliability, and recyclability. The global lead acid battery market is estimated to be valued at US$ 64.07 Mn in 2024 and is expected to exhibit a CAGR of 3.0% over the forecast period 2024-2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: The adoption rate of renewable energy sources like solar and wind energy has increased significantly in the past few years. However, one of the challenges faced with renewable energy is the intermittent nature of the sources. Energy storage helps address this issue by storing the energy generated from renewable sources that can be utilized when the source is unavailable. Lead acid batteries are increasingly being used for energy storage applications in residential, commercial, and utilit

The global Knife Market Growth Accelerated by Increasing Demand for Safety Knives

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Knives are handheld cutting tools or weapons with a cutting edge or blade affixed to a handle. They are commonly used for slicing, hacking, butchering or chopping various materials such as: meat, vegetables, paper, cardboard, wood etc. Knives also offer protection and self-defense. The growing online retail landscape and an increased focus on safety have driven demand for more advanced knife designs. The global Knife Market is estimated to be valued at US$ 4.61 Bn in 2024 and is expected to exhibit a CAGR of 8.0% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: The increasing demand for safety knives from industries such as food processing, manufacturing and logistics is expected to be a major driver of the global knife market size over the forecast period. Safety knives are specifically designed to avoid accidental cutting of the user's hands while in operation. They have retractable or retractil

The global Iced Tea Market Growth Accelerated by Increasing Consumption of Healthy Beverages

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  Iced tea is a refreshing, hydrating beverage that provides antioxidants and polyphenols. It comes in many flavors and varieties and offers health benefits like weight management, better digestion and heart health. The global Iced Tea Market is estimated to be valued at US$ 7476.95 Mn in 2024 and is expected to exhibit a CAGR of 2.1% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: One of the key trends driving the growth of the iced tea market size is the rising popularity of healthy beverages among health-conscious consumers. Younger demographic prefers beverages that offer functional benefits in addition to taste and refreshment. With increasing awareness about benefits of green tea, oolong tea and their antioxidants, there is a rising demand for ready-to-drink (RTD) iced teas. Manufacturers are innovating with ingredients like green tea extracts, ginger, citrus fruits to offer unique flavors and

Fish Vaccine Market Growth Accelerated by Rising Fish Production

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  The fish vaccine market is witnessing growth owing to the rising fish production globally. Fish vaccines help prevent viral and bacterial infections in fish and enable better fish yields. They provide protection for salmon, seabass, trout, and other fish species reared through aquaculture. The global fish vaccine market is estimated to be valued at US$ 620 million in 2024 and is expected to exhibit a CAGR of 13% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: The growth of the fish vaccine market is being driven by the rising fish production across the world. According to FAO, global fish production including aquaculture reached 204 million tons in 2022, up 3.2% from 2021. Asia dominates global fish production, accounting for nearly 90% of aquaculture output. Rising fish farming in Asia Pacific economies such as China, India, Bangladesh, and Vietnam is increasing the demand for fish vaccines to prev

Environmental Silica Market Growth Accelerated by Adoption of High-Value Applications

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  Environmental silica is an industry essential material possessing unique properties that make it ideal for various end-use applications such as specialty cement production, composite materials, sealants, and more. From precipitated silica being used as a reinforcement additive that improves cement strength to fumed silica enhancing the viscosity and structural integrity of sealants, these micron-sized particles deliver performance advantages. The growing construction sector and expanding sealant market are driving higher consumption. The global Environmental Silica Market is estimated to be valued at US$ 12 Billion in 2024 and is expected to exhibit a CAGR of 45% over the forecast period 2024-2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: The adoption of high-value applications across industries has significantly contributed to the growth of the environmental silica market size . Fumed silica is increasingly replacing carbon blac

Digital Fabrication Market Growth Accelerated by Technological Advancements

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  Digital fabrication, also known as direct digital manufacturing, involves the use of computer-controlled tools and equipment to create physical objects directly from digital 3D models or other digital designs. Products created through digital fabrication methods such as 3D printing help reduce material waste and provide precise, durable, and customized solutions. The global Digital Fabrication Market is estimated to be valued at US$ 21.68 billion in 2024 and is expected to exhibit a CAGR of 18% over the forecast period 2024-2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: Technological advancements are playing a key role in accelerating the growth of the digital fabrication market. The integration of AI and machine learning with 3D printing is enabling the creation of self-adjusting and self-learning fabrication systems that optimize production outputs in real-time. Additionally, advancements such as multi-material 3D printing allo

Dielectric Filter Market Growth Accelerated by Increased Use Across Wireless Technologies

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  Dielectric filters are multi-layer ceramic devices that are used in RF signal processing and find wide usage in wireless communications. Dielectric filters play a key role in controlling the propagation of electromagnetic waves by allowing or blocking certain frequencies of the signal to pass through. They are increasingly being used across wireless technologies like 4G, 5G, and Wi-Fi due to their small size, lightweight and durability. The global Dielectric Filter Market is estimated to be valued at US$ 591.2 million in 2024 and is expected to exhibit a CAGR of 13% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: The increased usage of dielectric filters across wireless technologies like 4G, 5G and Wi-Fi has accelerated the market growth over the forecast period. Dielectric filters enable smooth functioning of wireless signals by screening out any interference from adjacent frequency bands. They hel

Diabetes Nutrition Market Growth Accelerated by Patient awareness

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  Diabetes nutrition products have surged in demand in recent years owing to growing health awareness among consumers. Diabetes nutrition products including low carb snacks, low sugar cookies & cakes are beneficial for controlling blood sugar levels and managing weight. They provide an alternative to regular snacks and desserts for diabetic patients and enable them to enjoy food items within their nutritional limits. The global Diabetes Nutrition Market is estimated to be valued at US$ 35.9 billion in 2024 and is expected to exhibit a CAGR of 4.0% over the forecast period 2024-2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: Increased marketing campaigns by diabetes nutrition brands have accelerated market growth. Major brands have launched promotional activities on digital media and retail outlets to educate people about the benefits of low GI food items for blood sugar control and their advantages over regular snacks. Promotiona

The global Brazil Cardiac Pacemakers Market Growth Accelerated by Steady Technological Advancements

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  Cardiac pacemakers help regulate heartbeats with tiny electrical impulses and treat arrhythmias or irregular heart rhythms. As cardiovascular diseases impact millions in Brazil each year, the demand for cardiac pacemakers have surged steadily. Their miniature form factor and longevity allows for easier implantation with minimal discomfort. Cardiac pacemakers come equipped with advanced technologies that can detect heart activity in real-time and deliver therapy accordingly to improve heart function and quality of life. The global Brazil Cardiac Pacemakers Market is estimated to be valued at US$ 368.44 Bn in 2024 and is expected to exhibit a CAGR of 4.5% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: Steady technological advancements have been a key growth driver for the Brazil cardiac pacemakers market size . Manufacturers are consistently focusing on developing more miniaturized pacemakers with g

The global Bacillus coagulans Market Growth Accelerated by Increasing Demand from Food and Beverage Industry

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Bacillus coagulans is a lactic acid-producing bacteria that helps maintain gastrointestinal health. Dietary supplements containing Bacillus coagulans are gaining popularity due to its probiotic properties. It supports digestive health, immune function, and weight management. The global Bacillus coagulans Market is estimated to be valued at US$ 832.24 Mn in 2024 and is expected to exhibit a CAGR of 5.2% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: The increasing demand from the food and beverage industry is one of the major trends driving the growth of the Bacillus coagulans market size . Various food items such as yogurt, cheese, sauerkraut and kimchi have started incorporating Bacillus coagulans owing to its health benefits. It helps improve lactose digestion, regulate bowel movements, relieve irritable bowel syndrome symptoms and reduce inflammation. Many beverage companies are also introducing

Automotive Transmission Pump Market Growth Accelerated by Rising Demand for Automatic Transmission Vehicles

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  Automotive Transmission Pumps are an integral component of vehicles as they help in supplying pressurized fluid to transmission systems that enables smooth gear shifting during vehicle operation. Automatic transmission vehicles utilize complex pumping systems for delivering fluid at different pressures depending upon gear engaged. With growing preference for comfort and convenience of automatic transmission vehicles especially in passenger cars, the demand for technologically advanced automatic transmission pumps have surged. The global automotive transmission pump market is estimated to be valued at US$ 40.42 Bn in 2024 and is expected to exhibit a CAGR of 25% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: One of the key trends driving growth in the automotive transmission pump market size is the rising adoption of automatic transmissions in vehicles. With enhanced driver comfort and improved fue

The global automotive interior materials market Growth Accelerated by Innovative Materials

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Automotive interior materials serve various purposes such as protection, comfort, and style with innovative materials and technologies being adopted. These materials include leather, vinyl, plastics, composites and textiles finding applications for seating, dashboard, doors, among others. The global automotive interior materials market is growing as innovative and sustainable materials that are lightweight yet durable are being introduced to improve vehicle dynamics and fuel efficiency. The global automotive interior materials market is estimated to be valued at US$ 234.32 Mn in 2024 and is expected to exhibit a CAGR of 5.6% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: One of the major trends in the automotive interior materials market size is the adoption of sustainable materials. With growing environmental consciousness, car manufacturers are focusing on reducing the vehicle weight through use

The global Blast Resistant and Bulletproof Buildings Market Growth Accelerated by Rising Threats

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Blast resistant and bulletproof buildings provide protection against explosions, bomb threats and gunfire. They use composite or alloy materials like ballistic glass, reinforced steel and concrete which reinforce structures and withstand blasts or projectiles. The rising threats of terrorist attacks and military aggressions have increased the demand for such secure buildings for government infrastructures, embassies, military installations and other high-security areas. The global Blast Resistant and Bulletproof Buildings Market is estimated to be valued at US$ 1.28 Mn in 2024 and is expected to exhibit a CAGR of 3.2% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: The demand for blast resistant and bulletproof buildings has risen significantly owing to increasing geopolitical conflicts and threats across the world. Majority of countries are allocating higher defense budgets for construction of secure

The global Bacon Market Growth Accelerated by Increasing Health Conscious Population

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Bacon, as a delicious ingredient, is very versatile and is a good source of protein, vitamins, minerals, and fatty acids. It is used in many cuisines and cooking styles around the world. However, some health risks are associated with high consumption of processed bacon due to high sodium and saturated fat content. This has led to an increased demand for healthier bacon products with lower fat and sodium content. The global Bacon Market is estimated to be valued at US$ 28727.44 Mn in 2024 and is expected to exhibit a CAGR of 2.8% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: The increasing health conscious population is one of the key trends driving growth of the bacon market size . With rising awareness about risks of excessive consumption of processed meats, consumers are demanding healthier bacon options. This has prompted bacon manufacturers to introduce various low-fat, low-sodium, and nitrate-

The global automotive radar market Growth Accelerated by Increased Demand for Advanced Driver Assistance Systems

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The automotive radar market consists of radar sensors, transmitters, and receivers used in vehicles for accident prevention and safety purposes. Radar sensors detect the proximity and velocity of other vehicles and obstacles on the road, assisting drivers with features like adaptive cruise control, lane change assistance, autonomous emergency braking, and parking assistance. This alleviates driver stress and enhances safety. The global automotive radar market is estimated to be valued at US$ 5.6 Bn in 2024 and is expected to exhibit a CAGR of 11% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: One of the key trends driving growth in the automotive radar market size is the increased demand for advanced driver assistance systems from consumers. As autonomous and semi-autonomous driving technologies advance rapidly, drivers are getting more accustomed to safety and convenience features in their vehicle

The global Cosmetic Botanical Extracts Market Growth Accelerated by Increasing Demand for Natural Ingredients

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  Cosmetic botanical extracts have benefits like moisturizing and anti-aging in cosmetic products. They also help improve the texture and appearance of skin. The growing popularity of natural and organic cosmetic products is fueling the demand for botanical extracts from plants like aloe vera, chamomile, ginseng, and hibiscus. The global Cosmetic Botanical Extracts Market is estimated to be valued at US$ 2.72 Bn in 2024 and is expected to exhibit a CAGR of 9.4% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: The increasing demand for natural ingredients is one of the key trends driving the growth of the cosmetic botanical extracts market size . Consumers are increasingly looking for cosmetic products containing organic and natural ingredients due to rising health concerns regarding the use of synthetic chemicals in cosmetics. Botanical extracts obtained from plants offer similar benefits as chemica