Industry Experts - Market Research Reports, Industry Analysis, Custom Research

Industry Experts, Inc., has released its latest report on Glass Wool or Fiberglass Insulation . According this new report, global value demand for glass wool/fiberglass insulation is projected to rise at a CAGR of 3.4% between 2024 and 2030 reaching US$12.4 billion by 2030 from an estimated US$10.2 billion in 2024. In volume terms, consumption of glass wool/fiberglass insulation worldwide is forecast to grow at a CAGR of 3% over the outlook period to reach 6.4 million metric tons by 2030. The global fiberglass (glass wool) insulation industry experienced significant volatility between 2019 and 2024, driven by fluctuations in demand due to the COVID-19 pandemic, geopolitical tensions, supply chain disruptions, and high inflation rates. After a sharp decline in 2020 as the pandemic unfolded, the market rebounded in 2021 with the easing of restrictions and a surge in construction and industrial activity. Increased home improvement efforts and pent-up demand for appliances li...

A new report from Industry Experts, Inc. on " Molecular Diagnostics Market " is introduced. According the report, the market is poised for a robust expansion over the 2024-2030 forecast period, with a projected CAGR of 10% in value. The market is expected to reach about US$32 billion by 2030, up from an estimated US$18 billion in 2024. The molecular diagnostics market is growing rapidly, driven by a growing need for faster and more accurate disease detection. With the increasing number of infectious diseases like HIV, tuberculosis, and respiratory infections, healthcare providers rely on molecular tests to quickly identify pathogens and guide treatment. Cancer diagnostics is another major driver, as these tests help detect genetic mutations like BRCA1/2, EGFR, and KRAS, allowing doctors to create personalized treatment plans. Progress in PCR, Next-Generation Sequencing (NGS), and DNA Microarrays made testing more accurate, inexpensive, and widely available. Gove...

Industry Experts, Inc. has released its latest report on Radio Frequency Identification (RFID) Technology Market , estimating its demand at US$18.6 billion in 2024 and projecting it to reach US$40.6 billion by 2030, with a CAGR of 13.9% during the period 2024-2030. Some of the factors instrumental in driving demand for RFID Technology include integration of this technology with the Internet of Things (IoT) and Industry 4.0 initiatives and the wide deployment of RFID-enabled tags and devices across a range of industries to collect real-time data and create a smart, connected ecosystem, offering enhanced visibility, automation and decision-making and an increase in regulatory requirements for product traceability, safety and security in sectors, such as healthcare, pharmaceuticals, food & beverage and aerospace. Worldwide, the Retail sector is the leading end-user of RFID technology, since this technology has proved invaluable in allowing retailers to gain enhanced visi...

Industry Experts, Inc. has released its latest report on Automotive Electronics Market . As per this new report, the demand for automotive electronics is estimated at US$300.1 billion in 2024 and projected to reach US$494.9 billion by 2030 at a 2024-2030 CAGR of 8.7%. Some of the factors instrumental in driving demand for Automotive Electronics include a growing consumer need for safety and convenience, increase in the production & sales of electric & autonomous vehicles and regulations aimed at minimizing emissions and improving safety. Key among these is consumer demand for advanced safety and convenience features, with vehicles equipped with ADAS, infotainment systems and connectivity features being much sought after. Providing a safe driving experience has become the hallmark of modern vehicles that are now equipped with systems to detect and prevent collisions, such as automatic emergency braking, lane-keeping assist and adaptive headlights. The global Automo...

Industry Experts, Inc., has released its latest report on Canned Food Market , with demand for the same being estimated at US$116.3 billion in 2024 and projected to reach US$154.4 billion by 2030 at a 2024-2030 CAGR of 4.8%. Some of the factors instrumental in driving demand for Canned Food include urbanization & busy lifestyles, growth in consumer awareness regarding health benefits of these foods and advancements in canning technology & product innovation. A shift towards urban areas and longer & irregular working hours are reinforcing the convenience factor, owing to which the market for ready-to-eat food options has been growing. Canned foods are an ideal alternative for consuming a quick, easy and nutritious meal with minimal or zero preparation time. Working professionals, students and people with hectic schedules especially benefited with canned food options. In addition, foods in cans offer extended shelf life, thereby reducing the frequency of visiting...

A new report by Industry Experts, Inc. on " Medical Nutrition Market " is released. The global Medical Nutrition market size is estimated at US$59.7 billion in 2024 and is projected to grow to US$89.6 billion by 2030, with a CAGR of 7% during the forecast period 2024-2030. The global medical nutrition market is fueled by several significant factors. An increase in the prevalence of chronic diseases, including diabetes, cardiovascular diseases, and cancer, is driving the demand for specialized medical nutrition aimed at managing and preventing these conditions. The acknowledgment by healthcare professionals of nutrition's significance in disease management and prevention is resulting in increased nutritional interventions in clinical settings. Furthermore, innovations in technology, such as nutrigenomics and wearable health devices, are empowering individuals to adopt personalized nutrition solutions. North America maintains a significant presence in the globa...

A new report from Industry Experts, Inc. on " Astaxanthin Market " is published. According to the report, the market is poised for a robust expansion over the 2024-2030 forecast period, with a projected CAGR of 7.3% in value. The market is expected to reach over US$820 million by 2030, up from an estimated market size of US$537million in 2024. Astaxanthin is a potent antioxidant, boasting 550 times the strength of vitamin E and 6,000 times than that of vitamin C. Its exceptional antioxidant properties have been shown to benefit various health conditions, including inflammation, diabetes, cardiovascular issues, vision problems, and central nervous system disorders. The market experienced a notable decline in 2020 due to reduced consumer demand during COVID-19-related restrictions, followed by a dip in 2022 linked to decreased farmed salmon production impacting aquafeed demand. In 2023, inflationary pressures further curbed algae-based astaxanthin demand, as consum...

Industry Experts, Inc., has released its latest report on Probiotics Market , with demand for the same being estimated at US$72 billion in 2024 and projected to reach US$126.7 billion by 2030 at a 2024-2030 CAGR of 9.8%. Some of the factors responsible for propelling demand for Probiotics include increasing demand for functional and convenient foods with extra health benefits and rising awareness for personalized nutrition due to availability of customized probiotic formulations for specific health issues, such as better cognitive function, mood regulation and stress management. Technological developments and robust research techniques in microbiome science are accelerating demand for more and more use of probiotics. Another significant use of probiotics as a substitute to antibiotics has garnered wide attention over concerns related to the need for sustainable healthcare and issues pertaining to side effects of antibiotics. The demand for Probiotics by region is led by A...

A new study by Industry Experts, Inc., on " Sterilization Technologies Market " is unveiled. The global demand for Sterilization Technologies is estimated at US$11.8 billion in 2024 and is projected to reach US$15.9 billion by 2030 at a CAGR of 5.1% during the forecast period 2024-2030. The global Sterilization Technologies market is driven by several significant factors, including the growing need for sterilized medical equipment due to increased surgical procedures, an aging population, and an increased focus on infection prevention. Innovations such as automation, robotics, and IoT integration enhance the efficiency, accuracy, and dependability of sterilization processes. Increased focus on patient safety, a surge in hospital-acquired infections (HAIs), and stringent healthcare regulations are accelerating the adoption of advanced sterilization technologies. The shift toward sustainable sterilization methods, prompted by environmental concerns and stricter reg...

A new report by Industry Experts, Inc., on " In Vitro Diagnostics (IVD) Market ", reveals that the global In Vitro Diagnostics (IVD) market is estimated at US$83.3 billion in 2024 and is projected to post a CAGR of 5.63% between 2024 and 2030 to reach US$115.7 billion in 2030. The global In Vitro Diagnostics (IVD) market growth is driven by several factors. The increasing incidence of chronic, genetic, cardiovascular, and neurological diseases places a considerable burden on healthcare systems, creating a need for efficient diagnostic tools. Early disease detection, supported by IVD, plays a crucial role in preventing disease progression and minimizing complex treatments, enhancing healthcare outcomes while reducing costs. Government initiatives, such as the WHO's Essential In Vitro Diagnostics List (EDL), promote the widespread adoption of IVDs. Additionally, Point-of-Care Testing (POCT) is expanding, driven by the need for quick, localized diagnostics, part...

A new report from Industry Experts, Inc., on " Anesthesia Devices Market ", has been published. The global Anesthesia Devices market is estimated at US$17.1 billion in 2024 and is projected to reach US$27.3 billion by 2030, registering a CAGR of 8.1% from 2024 to 2030. The global Anesthesia Devices market is driven by the growing number of surgical procedures, particularly in cardiology, neurology, and orthopedics. The rising prevalence of chronic illnesses and age-related conditions in the geriatric population has further fueled demand, as these often require surgical interventions. Technological advancements in anesthesia delivery systems, such as real-time monitoring and automated dosing, are enhancing patient safety and operational efficiency. Government initiatives and heightened healthcare investments, especially in emerging regions, are improving access to modern anesthesia technologies. Anesthesia delivery machines dominate the market, accounting for 37.5...

Industry Experts, Inc., has released the latest report on Patient Monitoring Devices and Accessories . The new report reveals that the global Patient Monitoring Devices and Accessories market is estimated at US$63.4 billion in 2024 and is projected to grow to US$102.3 billion by 2030, with a CAGR of 8.3% during the forecast period 2024-2030. The patient monitoring devices and accessories market is driven primarily by the high prevalence of chronic diseases, such as diabetes, cardiovascular conditions, and respiratory disorders, primarily among the older population. Since these diseases continuously progress and do not offer patients a long lifespan, there is a continuous necessity for constant follow-up, enhancing patient care, and outcome improvements. Advances in technology, involving AI and IoT, have improved the functionality of monitoring devices, thereby furthering the capabilities in early detection and treatment. The growing availability of portable, easy-to-use d...

A new report from Industry Experts, Inc. on " Medical Imaging Devices Market ", has been published. As per this new market research report, the global Medical Imaging Devices market is estimated at US$43.7 billion in 2024 and projected to post a CAGR of 5.7% between 2024 and 2030 to reach US$61 billion in 2030. The growth of the Medical Imaging Devices market is driven by advancements in technology and the rising need for early diagnosis and effective management of chronic diseases. Increased healthcare spending, combined with advancements in imaging technologies such as AI integration, hybrid imaging, and portable devices, is fueling market growth. An increasing occurrence of chronic diseases like cancer, cardiovascular issues, and neurological disorders requires more frequent imaging tests, resulting in a greater demand for diagnostic tools. The North American Medical Imaging Devices market dominates the global market with an estimated share of 36.5% in 2024 ...

Industry Experts, Inc. has released its latest report on Biolubricants Market , which projects the demand for the same be estimated at US$2.9 billion in 2024 and projected to reach US$3.8 billion by 2030 at a CAGR of 4.6% between the two years. Some of the factors driving demand for Biolubricants include advances in technology, regulatory guidelines and a rise in consumer awareness. In the automotive and transportation sectors, a shift towards biolubricants from traditional products due to their eco-friendliness and equivalent performance has been promoting wider utilization, a trend that is very likely to sustain. Production processes and additive technologies have been modified to improve the performance and cost-effectiveness of biolubricants to make them on par with the mineral lubricants being used thus far. In the United States and Europe, regulatory frameworks have been responsible for supporting the wide adoption of biolubricants, which some other regions, too, ar...

Cord blood, the blood remaining in the placenta and umbilical cord after childbirth, is a rich source of hematopoietic stem cells (HSCs). These cells offer significant therapeutic potential in treating a range of conditions, including leukemia, lymphoma, immune deficiencies, genetic disorders, and specific types of anemia. The ability of cord blood stem cells to facilitate bone marrow transplants and gene therapies makes them an invaluable asset in modern medicine. With rapid advancements in regenerative medicine, enhanced isolation and storage technologies have further improved their viability and effectiveness for medical applications. Market Overview and Growth Projections The global cord blood stem cells market is estimated to be valued at $54.8 billion in 2024 and is projected to reach $80.4 billion by 2030, expanding at a compound annual growth rate (CAGR) of 6.6% during the forecast period. Several key factors are driving this growth, including: Increased awareness of the therap...

A new report from Industry Experts, Inc., on " European Ventilation Equipment Market ", reveals that the European unit shipments of ventilation equipment are forecast to reach 40 million units in 2030, from an estimated 32.7 million units in 2024 registering a CAGR of 3.5% during 2024-2030 period. Shipment value of European ventilation equipment is projected to grow by a CAGR of 3.4% over the forecast period, reaching close to US$7 billion by 2030. The European ventilation equipment market experienced a significant decline in 2020 due to the COVID-19 pandemic, which disrupted new construction and renovation activities across the European Union. However, demand rebounded sharply in 2021-2022, fueled by a recovery in commercial and residential construction, government-backed renovation initiatives, and increased awareness of the importance of Indoor Air Quality (IAQ) in the wake of the pandemic. In 2023, however, demand declined slightly again as economic uncertaint...

Industry Experts, Inc. has released its latest report on " US Ventilation Equipment Market ", which projects the demand for the same to reach 35.2 million units in 2030, from an estimated 28.3 million units in 2024 registering a CAGR of 3.7% between the two years. The U.S. ventilation equipment manufacturing industry experienced a slight contraction of 0.5% in 2020, with production declining to 24.7 million units. This modest downturn showcased the industry's resilience during the significant challenges posed by the COVID-19 pandemic. Demand rebounded sharply in 2021 and 2022, driven by a recovery in commercial and residential construction, government-backed renovation initiatives, and heightened awareness of the importance of Indoor Air Quality (IAQ) following the pandemic. The introduction of the Inflation Reduction Act (IRA) in 2022 further accelerated this momentum. However, in 2023, demand declined slightly as economic uncertainty, rising interest rates,...

A new report by Industry Experts, Inc., on " European Central Air Conditioning Systems Market ", is unveiled. The study reveals that between 2024 and 2030, unit shipments of Central Air Conditioning Systems by European producers are projected to grow at a CAGR of 2.4%, reaching 3.3 million units by 2030.  In terms of value, the European market for Central Air Conditioning Systems is anticipated to reach US$10.2 billion by 2030, growing at a CAGR of 3.8%. The European Central Air Conditioning Systems production experienced a notable decline in 2020, due to the COVID-19 pandemic, which disrupted new construction and renovation activities across Europe. The industry rebounded sharply in 2021, driven by a recovery in commercial and residential construction and government-backed renovation initiatives. By 2024, European unit shipments of Central Air Conditioning Systems by domestic producers reached an estimated 2.85 million units, up from 2.7 million units in 2020, ...

The new report from Industry Experts, Inc., on " US Central Air Conditioning (CAC) Systems Market ", reveals that the U.S. unit shipments of CAC systems are projected to grow from 7.8 million units in 2024 to 11 million units by 2030, registering a compound annual growth rate (CAGR) of 6% during this period. The shipment value is expected to increase at a CAGR of 7.2%, reaching $27.6 billion by 2030. The U.S. Central Air Conditioning (CAC) Systems manufacturing industry demonstrated remarkable resilience during the COVID-19 pandemic in 2020, achieving an 8.4% year-over-year growth in production to reach 7.8 million units. Demand for CAC systems continued to climb in 2021 and 2022, driven by the recovery of both residential and commercial construction and government-led renovation initiatives. The sharp rise in interest rates, beginning in mid-2022, dampened housing demand, reducing the need for CAC systems. In 2023, the demand softened due to economic uncertaint...

  Introduction High Purity Alumina (HPA) is a highly refined form of aluminum oxide (Al2O3), characterized by purity levels of 99.99% (4N), 99.999% (5N), and 99.9999% (6N). Its unique properties, including thermal stability, high corrosion resistance, and exceptional hardness, make it a crucial material in various high-tech applications. Production Technologies Enhancing HPA Quality HPA is synthesized using advanced chemical techniques such as hydrolysis of aluminum alkoxide and hydrochloric acid leaching. These methods effectively remove impurities like sodium, iron, and silicon, ensuring the desired purity levels. Compared to traditional energy-intensive processes like the Bayer process, hydrochloric acid leaching and direct extraction from kaolin clay have emerged as eco-friendly and cost-efficient alternatives. Market Growth and Key Driving Factors The global demand for HPA is expected to reach US$9.9 billion by 2030, growing from US$3.7 billion in 2024 at a CAGR of 17.9%. The...

Industry Experts, Inc., has released its latest report on Activated Carbon Market , which projects the demand for the same be estimated at US$30.6 billion in 2024 and projected to reach US$49.6 billion by 2030 at a CAGR of 8.4% between the two years. Some of the factors instrumental in driving demand for Activated Carbon include growing application of this versatile material across a range of sectors, including water treatment, medical & pharmaceuticals, automotive, food & beverages and air purification, among others. Increase in concerns regarding the importance of pure water for personal, as well as industrial, uses provide further impetus for Activated Carbon, as the material is very effective in controlling synthetic organic chemicals in drinking water. Stringent rules regarding maintenance of water purity to ensure public health safety and rigorous air quality regulations aimed at reducing air pollution levels are also factors contributing to growing demand f...