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Showing posts from August, 2023

Sustainable Finance Market Size Poised To Reach USD 2,589.90 Billion By 2030

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  San Francisco, 31 Aug 2023:  The Report  Sustainable Finance Market  Size, Share & Trends Analysis Report By Asset Class, By Offerings, By Investment Style, By Investor Type, By Region, And Segment Forecasts, 2023 - 2030 The global sustainable finance market size is expected to reach USD 2,589.90 billion by 2030, growing at a CAGR of 22.6% from 2023 to 2030, according to a new report by Grand View Research, Inc. The rise of impact investing has been a significant driver of the sustainable finance industry. Impact investors aim to generate measurable positive social and environmental impacts alongside financial returns. This approach has attracted diverse investors, including institutional investors, high-net-worth individuals, and philanthropic foundations. The demand for impact investments has created a broader ecosystem supporting sustainable finance and channeling capital toward projects addressing pressing societal and environmental challenges. Moreover, international initiat

Synthetic Data Generation Market Size Is Anticipated To Reach USD 1.79 Billion By 2030

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San Francisco, 31 Aug 2023:  The Report  Synthetic Data Generation Market  Size, Share & Trends Analysis Report By Data Type, By Modeling Type, By Offering, By Application, By End-use, By Region, And Segment Forecasts, 2023 - 2030 The global synthetic data generation market size is anticipated to reach USD 1.79 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 35% from 2023 to 2030. Synthetic data has disrupted most industries with the affordability and accessibility of quality training data. Artificial data has gained ground to boost AI and innovation by minimizing data barriers. Moreover, the exponential growth of smartphones and other smart devices has contributed to the growth of the industry. For instance, customers will receive an uptick from synthetic data to assess the performance of camera modules and decide the optimal camera placement in the car cabin. With the soaring demand for AI systems, synthetic da

Hydrofluoric Acid Market Is Expected To Reach USD 3.45 Million By 2028

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  San Francisco, 31 Aug 2023:  The Report   Hydrofluoric Acid Market  Size, Share & Trends Analysis Report By Grade (Anhydrous, Diluted), By Application (Fluorocarbon, Metal Pickling), By Region (North America, EU, APAC), And Segment Forecasts, 2022 - 2030 The global hydrofluoric acid market size is expected to reach USD 1.69 billion by 2030, according to a new study by Grand View Research, Inc. The market is estimated to witness a CAGR of 5.6% during the forecast years. Increasing the consumption of hydrofluoric acid in the production of fluorochemicals and fluorine components worldwide is likely to boost the demand over the forecast period. It is an aqueous form of hydrogen fluoride and is mainly used for industrial purposes, such as metal cleaning, glass etching, and electronics production among others. It is also used in home rust removers. There are mainly two grades of the product available in the market; anhydrous and diluted hydrofluoric acid. The demand for anhydrous hydro

Waste Management Market Size Is Anticipated To Reach USD 1,966.19 Billion By 2030

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  San Francisco, 31 Aug 2023:  The Report   Waste Management Market  Size, Share & Trends Analysis Report By Service Type (Collection, Transportation, Disposal), By Waste Type, By Region, And Segment Forecasts, 2023 - 2030 The global waste management market size is expected to reach USD 1,966.19 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.4% from 2023 to 2030. Proactive government measures to decrease illegal dumping and the rising adoption of waste-to-energy (WTE) incineration and recycling techniques are anticipated to boost the market growth. Rapid industrialization in developing countries such as India and China generates waste and causes pollution by the end-use industries. Rising environmental awareness regarding renewable waste management among individuals and increasing CO2 emissions across the globe are expected to have a positive impact on the market growth over the forecast period. The adoption of plasti

Bulk Food Ingredients Market Is Expected To Reach $ 409.56 Billion By 2028

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  San Francisco, 31 Aug 2023:  The Report  Bulk Food Ingredients Market  Size, Share & Trend Analysis Report By Category (Primary Processed, Secondary Processed), By Application (Bakery & Confectionery, Snacks & Spreads) By Region, And Segment Forecasts, 2022 - 2028 The global bulk food ingredients market size is expected to reach USD 409.56 billion by 2028, registering a CAGR of 4.4% during the forecast period, according to a new report by Grand View Research, Inc. Surging demand for convenience foods and technological advancement in the food & beverage industry propels the market growth. Bulk food ingredients are commodities used in processed foods, packaged, and ready-to-eat foods like confectionery items, chocolates, biscuits, beverages, etc. The shift in consumer lifestyles toward western cultures has led to increased demand for processed and ready-to-eat food and drinks. Increasing benefits of packaged and convenience food, which require less preparation time and

Lamps Market Projected To Raise At USD 19.69 Billion By 2030

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  San Francisco, 31 Aug 2023:  The Report   Lamps Market  Size, Share & Trends Analysis Report By Product (Desk Lamp, Floor Lamp), By Type (Reading Lamp, Decorative Lamp), By Application (Residential/Retail, Commercial/Hospitality), By Region, And Segment Forecasts, 2023 - 2030 The global lamps market size was estimated to reach USD 19.69 billion in 2030, growing at a CAGR of 4.8% from 2023 to 2030, according to a new report by Grand View Research, Inc. There has been a notable increase in the demand for floor lamps and desk lamps due to the rising emphasis on interior aesthetics and the desire to create visually captivating spaces. These lighting fixtures fulfill a dual role by offering functional illumination while also elevating the overall ambiance of homes and businesses. Customers are now actively seeking lighting options that not only provide sufficient light but also contribute to the stylish and sophisticated atmosphere of their indoor settings. The desk lamp segment domin

Endoscopy Operative Devices Market Size Is Anticipated To Reach USD 11.7 Billion By 2028

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  San Francisco, 30 Aug 2023:  The Report  Endoscopy Operative Devices Market  Size, Share & Trends Analysis Report By Product (Access Devices, Energy Systems), By Application (Gastrointestinal (GI) Endoscopy, Laparoscopy), By Region, And Segment Forecasts, 2021 - 2028 The global endoscopy operative devices market size is expected to reach USD 11.7 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.1% from 2021 to 2028. The rising prevalence of chronic diseases, surging demand for minimally invasive procedures, and increasing technological advancement in endoscope systems are the key factors aiding the market growth. An increase in the preference for keyhole or minimally invasive surgeries due to shortened hospitalization reduced post-operative complications, and decreased blood loss during surgeries is expected to fuel the market growth. The growing geriatric population burdened with chronic diseases is rapidly increasin

Cryptocurrency Market Size Poised To Reach USD 11.71 Billion By 2030

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  San Francisco, 30 Aug 2023:  The Report  Cryptocurrency Market  Size, Share & Trends Analysis Report By Component, By Hardware, By Software, By Process (Mining, Transaction), By Type, By End-use, By Region, And Segment Forecasts, 2023 - 2030 The global cryptocurrency market size is expected to reach USD 11.71 billion by 2030, registering a CAGR of 12.5% from 2023 to 2030, according to a new study conducted by Grand View Research, Inc. The market growth is anticipated to be fueled by the increasing demand for better data security, operational transparency, and the incorporation of blockchain technology in digital payment systems. Additionally, the legalization of the purchase, sale, and trading of digital currencies in several developed countries, such as the U.S., is fostering industry expansion. The cryptocurrency industry is anticipated to grow owing to the rising global popularity of digital currencies such as bitcoin, Ethereum, and Litecoin. This growing popularity can be cre

Textured Soy Protein Market Size Is Expected To Reach USD 2.2 Billion By 2030

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  San Francisco, 30 Aug 2023:  The Report   Textured Soy Protein Market  Size, Share & Trends Analysis Report By Product (Textured Defatted Soy Flour (TSF), Textured Soy Protein Concentrate (TSPC), Textured Soy Protein Isolate), By Type, By Application, By Region, And Segment Forecasts, 2023 - 2030 The global textured soy protein market size is expected to reach USD 2.2 billion by 2030, expanding at a CAGR of 13.2%, according to a new report by Grand View Research, Inc. The growth is primarily driven by the increasing demand for plant-based protein alternatives, particularly in the food and beverage industry. As more consumers adopt vegetarian or vegan diets or reduce their meat consumption for health or environmental reasons, there is a growing need for high-quality, affordable, and versatile sources of protein. Textured soy protein, also known as textured vegetable protein, provides a viable solution to this demand, as it is derived from soybeans and offers a meat-like texture an

Transformer Oil Market Is Expected To Reach $ 6.1 Billion By 2030

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  San Francisco, 30 Aug 2023:  The Report  Transformer Oil Market  Size, Share & Trends Analysis Report By Product (Mineral-based, Silicone-based), By Rating, By End-use (Utilities, Industrial), By Region, And Segment Forecasts, 2023 - 2030 The global transformer oil market size is expected to reach USD 6.1 billion by 2030, as per the new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 12.1% from 2023 to 2030. The growth is driven by the high utilization of transformer oil in the power generation sector along with an increase in demand for electric grids in emerging economies. The product is used to insulate high-voltage electrical transformers. It is developed to operate at very high temperatures. Transformer oil surrounds the windings and the core of transformers to prevent their wiring and cellulose-based insulation from corroding and oxidizing. Recent market expansion is driven by technological development and rising R&D activities by key i

Lithium Market Is Expected To Reach USD 12.7 Billion By 2028

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  San Francisco, 30 Aug 2023:  The Report  Lithium Market  Size, Share & Trends Analysis Report By Product (Carbonate, Hydroxide), By Application (Automotive, Consumer Goods, Grid Storage, Glass & Ceramics), By Region, And Segment Forecasts, 2023 - 2030 The global lithium market size is expected to reach USD 18.99 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to grow at a CAGR of 12.3% from 2023 to 2030. Rising investments in lithium mining and related technologies are projected to remain a key trend in the market. Lithium mining is witnessing rapid growth as its demand is accelerating owing to its application in batteries. The element is found in dry places that require thousands of liters of water for its mining. Considering the rising demand for elements and increasing usage of water required for its extraction, R&D is in place to find better alternative methods. For instance, in February 2020, funding of around USD 20 mil

Monkeypox Testing Market To Reach $2.63 Million By 2030

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  San Francisco, 29 Aug 2023:  The Report  Monkeypox Testing Market  Size, Share & Trends Analysis Report By Technology (PCR, FA), By End-use (Hospitals & Clinics, Diagnostic Laboratories), By Region (Europe, North America), And Segment Forecasts, 2022 - 2030 The global monkeypox testing market size is expected to reach USD 2.63 million by 2030, according to a new report by Grand View Research, Inc. expanding at a CAGR of 4.35% from 2022 to 2030. The industry growth is attributed to the increasing incidence of monkeypox cases along with the population growth concerns for the occurrence of another pandemic worldwide. The CDC reports that as of 22 August 2022, there were 94,385 laboratory tests conducted with a cumulative positivity rate of 29.7%; there were a total of 56,609 global cases, with the majority of cases from the U.S. totaling 21,504. The rising cases stimulate the need to develop precise diagnostic as well as treatment options and testing capabilities to curb the spr