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Showing posts from December, 2023

Poultry Keeping Machinery Market is Estimated to Witness High Growth Owing to Opportunities in Automation

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Poultry Keeping Machinery Market Poultry keeping machinery includes equipment that help in breeding, housing, feeding and management of poultry. This includes incubators and brooders, feeders and waterers, cage and flooring equipment, harvesting and processing equipment, among others. Poultry keeping machinery helps in increasing production efficiency and output by automating routine tasks. The global demand for meat and eggs has been increasing substantially, boosting the need for poultry keeping machinery to meet this demand through effective farm management solutions. The global poultry keeping machinery Market is estimated to be valued at US$ 5563.33 Mn in 2023 and is expected to exhibit a CAGR of 5.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity: Automation offers significant growth opportunities for poultry keeping machinery market. Increased mechanization and automation helps reduce labor cos

Plastic Regulatory Market is Estimated to Witness High Growth Owing to Opportunity of Increasing Government Regulations

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Plastic Regulatory Market The plastic regulatory market comprises plastic products that are manufactured and distributed in compliance with regulations set by environmental protection agencies. These products help reduce emissions and wastage of plastic materials during production as well as after use. Due to strict norms regarding the use and disposal of plastic, manufacturers are developing innovative and eco-friendly alternatives to conventional plastics. The global Plastic Regulatory Market is estimated to be valued at US$ 39.29 Bn in 2023 and is expected to exhibit a CAGR of 3.7% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity: Increasing government regulations provide a key opportunity for growth in the plastic regulatory market. Various countries and regional governments are formulating and implementing stringent regulations to curb plastic pollution and promote sustainability. They are bannin

Pet Insurance Market is Estimated to Witness High Growth Owing to Increasing Pet Ownership

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Pet Insurance Market Pet insurance provides financial protection for pets against unexpected illnesses and accidents. It helps cover veterinary care costs for pet surgeries and treatments by reimbursing pet parents or paying providers directly. The number of pet owners has grown considerably over the years resulting in increasing demand for pet insurance. Factors like humanization of pets and growing awareness about pet wellness among owners have encouraged the uptake of insurance for pets, which is otherwise an expensive option for unexpected veterinary bills. The global Pet Insurance Market is estimated to be valued at US$ 9.59 Mn in 2023 and is expected to exhibit a CAGR of 4.5% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity: The increasing pet ownership presents a major market opportunity for pet insurance providers. As owners perceive pets as family members and are willing to spend more on thei

Pediatric Nutrition Market is Estimated to Witness High Growth Owing to Opportunity Growing Health Awareness

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Pediatric Nutrition Market The pediatric nutrition market consists of specially formulated food and beverages for infants and toddlers. These products aim to provide balanced nutrition to support growth and development. They are enriched with vital nutrients like proteins, vitamins, minerals, and prevent nutritional deficiencies. The rising number of working mothers and busy lifestyles have increased the demand for convenient and healthy pediatic nutrition options like milk formulas, baby food, nutritional supplements, and functional drinks. The global pediatric nutrition market is estimated to be valued at US$ 14.22 Mn in 2023 and is expected to exhibit a CAGR of 4.0% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity: Growing health awareness among parents regarding balanced diets for their children is expected to drive the pediatric nutrition market. Parents are increasingly conscious about the food t

PACS and RIS Market is Estimated to Witness High Growth Owing to Opportunity to Improve Workflow in Radiology Departments

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PACS and RIS Market   Picture archiving and communication systems (PACS) and radiology information systems (RIS) are medical imaging software solutions that are used to securely store, analyze, and transfer digital images and reports electronically. PACS and RIS have numerous benefits over traditional film systems as they enable timely image access from multiple locations, reduce risk of lost or damaged films, allow integration of images with hospital information systems, and improve productivity by streamlining workflow in radiology departments. The global PACS and RIS Market is estimated to be valued at US$ 3,657 Mn in 2023 and is expected to exhibit a CAGR of 6.7% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity: The key opportunity for growth in the PACS and RIS market is to improve radiology workflow efficiency. Healthcare organizations are under increasing pressure to enhance productivity and redu

Transparent Plastics Market is Estimated to Witness High Growth Owing to Opportunity of Substitute to Traditional Materials

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Transparent Plastics Market Transparent plastics, also known as clear plastics, are a group of polymers that transmit light with a high level of clarity. Some key advantages of transparent plastics include durability, flexibility, lightweight, resistance to corrosion and weathering. They are increasingly being used as alternatives to traditional materials like glass and wood in various applications such as packaging, construction and automotive industries. The need for materials that are durable as well as add aesthetic value has propelled the demand for transparent plastics. The global Transparent Plastics Market is estimated to be valued at US$ 167.1 Bn in 2023 and is expected to exhibit a CAGR of 3.6% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity: The opportunity of substitute to traditional materials is estimated to witness high growth in the transparent plastics market. Transparent plastics provide

Wireless Charging Market is Estimated to Witness High Growth Owing to Opportunity of Enhanced Wireless Convenience

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Wireless Charging Market Wireless charging technology helps in contactless power transfer through an electromagnetic field between two objects which are close to each other. This is done without any wires or cables and provides enhanced wireless convenience to users. Wireless charging is increasingly being adopted for charging various consumer electronic devices like smartphones, smartwatches, earbuds etc. It provides hassle-free charging experience to users and helps reduce cable clutter. The global wireless charging market is estimated to be valued at US$ 7.1 Bn in 2023 and is expected to exhibit a CAGR of 5.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity: The opportunity of enhanced wireless convenience is expected to drive high growth of the wireless charging market. Wireless charging provides freedom and flexibility to users by eliminating the need for physical charging cables. It allows chargin

Vegan Cosmetics Market is Estimated to Witness High Growth Owing to High Consumer Demand for Cruelty-Free Products

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Vegan Cosmetics Market Vegan cosmetics are cosmetic products that do not contain any ingredients derived from animals, along with not being tested on animals. The growing trend of veganism and awareness regarding animal cruelty has propelled the demand for vegan cosmetics. Vegan cosmetics offer the same quality as compared to regular cosmetic products but are free from harsh chemicals and are considered safer for skin and hair. The global vegan cosmetics Market is estimated to be valued at US$ 16.65 Bn in 2023 and is expected to exhibit a CAGR of 5.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity Changing consumer preferences: Over the past few years, consumer preferences have been rapidly changing towards products that are organic, sustainable and cruelty-free. There is growing awareness regarding the harsh effects of animal testing on cosmetics. This has propelled the demand for vegan cosmetics which

Out-of-Band Authentication Market is Estimated to Witness High Growth Owing to Opportunity of Enhancing Security Measures

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Out-of-Band Authentication Market The out-of-band authentication market caters authentication methods involving two independent channels for requesting and approving access. Out-of-band authentication establishes a separate communication channel apart from the primary one used for accessing services to authorize user requests. It involves sending an authorization code via SMS, phone call, or authenticator app on a registered device independent of the device used for login. This offers enhanced security over traditional single-factor authentication and prevents unauthorized access even if usernames and passwords are compromised. The global out-of-band authentication market is estimated to be valued at US$ 1.36 billion in 2023 and is expected to exhibit a CAGR of 5.5% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity: The growing IT infrastructure of organizations along with increasing instances of cyber-attack

Optical Transport Network Market is Estimated to Witness High Growth Owing to the Growing Demand for Scalable and Flexible Network Connectivity

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Optical Transport Network Market Optical Transport Network (OTN) refers to a protocol that enables the transmission of data over optical media. OTN offers greater flexibility and higher data rates than conventional transport networks. It is used for transferring multiple client signals in an optical fiber network using a method called multiplexing. OTN uses an optical carrier to transmit raw bits of data to the transport level in synchronous optical networking (SONET) or synchronous digital hierarchy (SDH) over long distances and different network topologies. The global optical transport network market is estimated to be valued at US$ 22.32 Bn in 2023 and is expected to exhibit a CAGR of 5.8% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity: The growing demand for scalable and flexible network connectivity is the major opportunity for the optical transport network market. With increasing data traffic over

Oil and Gas Descaler Market is Estimated to Witness High Growth Owing to Opportunity to Prevent Equipment Corrosion

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Oil and Gas Descaler Market Oil and gas descaler refers to chemicals used to remove deposits and scale from the inner walls of pipes, vessels, boilers, heat exchangers and other equipment used in oil and gas operations. Descalers play a crucial role in cleaning equipment and preventing scale build up which can lead to reduced heat transfer efficiency and equipment corrosion over time. The build-up of scale reduces flow rates and the lifespans of pipes and equipment. Descalers chemically dissolve hardness scale without harming metal surfaces or requiring disassembly of the equipment. The global Oil and Gas Descaler Market is estimated to be valued at US$ 368.31 Mn in 2023 and is expected to exhibit a CAGR of 10% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity Equipment corrosion is a major problem in oil and gas industry leading to failures, leaks and significant financial losses due to repair and downtime

Offshore Support Vessel On-board Fuel Monitoring System Market is Estimated to Witness High Growth Owing to Opportunity to Reduce Operational Costs

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Offshore Support Vessel On-board Fuel Monitoring System Market Offshore support vessels are essential to the offshore oil and gas operations as they transport goods and personnel to offshore installations. On-board fuel monitoring systems help the vessel operators track fuel consumption, prevent pilferage, and optimize fuel management. By detecting any discrepancies in fuel usage, these systems help reduce operational costs through efficient fuel usage. The systems comprise fuel level sensors, flow meters, and software for real-time monitoring and reporting of fuel tank levels, consumption rates, and fuel transfers. The global Offshore Support Vessel On-board Fuel Monitoring System Market is estimated to be valued at US$ 855.84 Mn in 2023 and is expected to exhibit a CAGR of 6.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity: The opportunity to reduce operational costs through optimized fuel manageme

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