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Aramid Fiber Market To Witness A Significant Growth Of USD 6.98 Billion By 2030

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  San Francisco, 19 Dec 2022:   The Report  Aramid Fiber Market  Size, Share & Trends Analysis Report By Product (Para-, Meta-Aramid), By Application (Security & Protection, Optical Fibers, Aerospace), By Region (APAC, North America), And Segment Forecasts, 2022 - 2030 The global aramid fiber market size is expected to reach USD 6.98 billion by 2030, registering a CAGR of 5.3% over the forecast years, as per a new report by Grand View Research Inc. Superior properties, such as strength and heat-resistance, of aramid fiber have promoted its utilization in the production of body armor fabric. The growing need for security and protection across various industries, such as mining, healthcare/medical, oil & gas, building & construction, and military, is projected to propel the market growth. In addition, stringent regulations in developing economies related to occupational safety are likely to benefit the market growth over the forecast period. Aramid fibers are being increa

Geotextiles Market Is Likely To Up Demand At A USD 11.82 Billion By 2030: Grand View Research Inc.

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  San Francisco, 19 Dec 2022:  The Report  Geotextiles Market  Size, Share & Trends Analysis Report By Material (Polypropylene, Polyethylene), By Application (Road Construction), By Product, By Region, And Segment Forecasts, 2022 - 2030 The global geotextiles market size is expected to reach USD 11.82 billion by 2030, registering a CAGR of 6.5% from 2022 to 2030, according to a new report by Grand View Research, Inc. The demand for geotextiles is expected to witness a significant growth owing to wide application including road construction, erosion control, and drainage systems among others. The regulatory trends regarding the environmental protection in mining and landfills has ensured the penetration of geotextiles in these applications; thereby having a positive impact on the market growth. In addition, the government agencies in the developed economies of Europe including the UK and Germany have made the use of geotextiles in road construction mandatory, resulting in market gro

Sepsis Diagnostics Market Is Estimated To Exhibit At USD 1.4 Billion By 2030

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  San Francisco, 14 Dec 2022:  The Report  Sepsis Diagnostics Market  Size, Share & Trends Analysis Report By Product (Assay Kits & Reagents, Blood Culture Media), By Technology (Microbiology, Immunoassays), By Pathogen, By Method, By End-user And Segment Forecasts, 2022 - 2030 The global sepsis diagnostics market size is expected to reach USD 1.4 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 9.6% over the forecast period. The high prevalence of sepsis, the introduction of technologically advanced diagnostic systems, and increasing government initiatives are expected to propel market growth over the forecast period. Sepsis is a bloodstream disease that occurs as a result of a response to pathogenic microorganisms present in the blood. Patients suffering from this disease experience severe inflammation, which leads to prolonged hospitalization. According to the WHO, around 30 million people are estimated to be affec

Burglar Alarm Systems Market Estimated At USD 7.01 Billion By 2030

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  San Francisco, 14 Dec 2022:  The Report  Burglar Alarm Systems Market  Size, Share & Trends Analysis Report By Type (Wireless, Wired), By Component (Hardware, Software, Services), By Application, By Region, And Segment Forecasts, 2022 - 2030 The global burglar alarm system market size is anticipated to reach USD 7.01 billion by 2030, registering a CAGR of 6.7% from 2022 to 2030, according to a new report by Grand View Research, Inc. The demand for burglar alarm systems is expected to increase due to the growing popularity of smart homes, including intelligent security systems. Market players are likely to embrace business strategies such as partnerships, mergers & acquisitions to gain more market share. For instance, in May 2021, ASSA ABLOY acquired Sure-Loc Hardware, Inc., manufacturers of residential locks and related accessories. Through this acquisition, the company aims to strengthen its position in mature markets by adding complementary services and products to its busi

Conversational AI Market Projected To Reach USD 41.39 Billion By 2030

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  San Francisco, 14 Dec 2022:  The Report  Conversational AI Market  Size, Share & Trends Analysis Report By Component (Solutions, Managed Services, Professional Services), By Type, By Deployment, By Technology, By End-user, By Region, And Segment Forecasts, 2022 - 2030 The global conversational AI market size is expected to reach USD 41.39 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 23.6% from 2022 to 2030. The market growth is primarily influenced by the rising adoption of advanced AI technologies and consumer interaction via multiple platforms. It indicates that businesses and their customers view technology as a mode to expand their businesses. With the growing market penetration of conversational AI as a crucial technology, it is significant that companies set the correct parameters and objectives while adopting chatbots or virtual assistants. Rapidly growing e-commerce and digitalization have been providing fav

Solar Tacker Market Size Is Anticipated To Reach USD 29.31 Billion By 2030

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  San Francisco, 13 Dec 2022:  The Report  Solar Tracker Market  Size, Share & Trends Analysis Report By Technology (Solar Photovoltaic, Concentrated Solar Power, Concentrated Photovoltaic), By Type, By Application, And Segment Forecasts, 2022 - 2030 The global solar tracker market size is expected to reach USD 29.31 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 20.5% from 2022 to 2030. The market is expected to witness substantial growth over the forecast period owing to the growing need for renewable power generation. Solar tracker is installed on a PV system to get an increased energy output during the day. PV system trackers help to minimize the angle of incidence between incoming light and panel, thereby increasing the amount of energy produced. In Concentrated Photovoltaic (CPV) technology, a large part of sunlight is focused on a solar cell using an optical device. Concentrating light requires direct sunlight, t

AI In Media & Entertainment Market Projected To Reach USD 99.48 Billion By 2030

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  San Francisco, 13 Dec 2022:  The Report  AI In Media & Entertainment Market  Size, Share & Trends Analysis Report By Solution (Hardware/Equipment, Services), By Application (Gaming, Personalization), And Segment Forecasts, 2022 - 2030 The global AI in media & entertainment market size is expected to reach USD 99.48 billion by 2030, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 26.9% from 2022 to 2030. The increasing popularity of virtual creation in the media and entertainment business, and its ability to create high-definition graphics and real-time virtual worlds, are driving the market forward. Artificial intelligence(AI) is helping media companies to leverage these benefits by enhancing content management across various phases in the workflow of content processes, including smart content analysis and categorization, automatic image tagging, scalable personalization and predictions, time-saving content creation