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...