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Precision Farming Market Size Is Projected To Reach USD 24.09 Billion By 2030

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  San Francisco, 19 Dec 2023:  The Report  Precision Farming Market  Size, Share & Trends Analysis Report By Offering (Hardware, Software, Services), By Application (Yield Monitoring, Weather Tracking, Field Mapping, Crop Scouting), By Region, And Segment Forecasts, 2023 - 2030 The global precision farming market size is anticipated to reach USD 24.09 billion by 2030, registering a CAGR of 12.6% over the forecast period, according to a new report by Grand View Research, Inc. Precision farming, also known as site-specific crop management or satellite farming, is a farm management concept that uses information technology to ensure optimum health and productivity of crops. The precision farming technique largely depends on specialized equipment such as sensing devices, antennas and access points, and automation and control systems. It also includes maintenance and managed services. The process also incorporates a broad range of technologies such as bio-engineering, robotics and automa

Microfluidics Market Projected To Reach USD 71.90 Billion By 2030

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  San Francisco, 18 Dec 2023:  The Report   Microfluidics Market  Size, Share & Trends Analysis Report By Application (Medical/Healthcare, Non-Medical), By Material (Silicon, Glass), By Technology, By Region, And Segment Forecasts, 2024 - 2030 The global microfluidics market size is expected to reach USD 71.90 billion by 2030, registering CAGR of 12.22% from 2024 to 2030, according to a new report by Grand View Research, Inc. The demand for microfluidics-based devices is expected to increase due to the introduction of improved technology such as digital microfluidics, which enables on-chip biochemical analysis. An increase in research activities undertaken by analytical and clinical researchers have also driven the demand for microfluidics device. For instance, in May 2022, a research team from the University of Minnesota developed an innovative microfluidic chip for disease diagnosing that uses a minimum number of components and can be operated wirelessly by a smartphone. Miniatur

Mining Automation Market Is Likely To Up Demand At A USD 8.64 Billion By 2030

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  San Francisco, 18 Dec 2023:  The Report  Mining Automation Market  Size, Share & Trends Analysis Report By Solution (Software Automation, Services), By Application (Metal Mining, Mineral Mining), By Region, And Segment Forecasts, 2023 - 2030 The global mining automation market size is expected to reach USD 8.64 billion by 2030, registering a CAGR of 7.3% from 2023 to 2030, according to a new report by Grand View Research, Inc. The increasing demand for accuracy and productivity required during mining activities is the high-impact rendering driver for the industry. The growing adoption of automated mining is attributed to the advantages associated with automated systems. For instance ,  in January 2022, Hexagon AB, one of the eminent players in digital reality solutions combining sensors, independent technology, and software programs, acquired Minnovare, one of the prominent players in drilling technology that enhances the cost, speed, and accuracy of drilling underground. The ini

Phenolic Resins Market Estimated At USD 20.8 Billion By 2030

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  San Francisco, 18 Dec 2023:  The Report  Phenolic Resins Market  Size, Share & Trends Analysis Report By Product (Novolac, Resol), By Application (Wood Adhesives, Molding, Insulations, Laminates), By Other Applications, By Region, and Segment Forecasts, 2023 - 2030 The global phenolic resins market size is expected to reach USD 20.8 billion by 2030, registering a CAGR of 5.5% according to a new report by Grand View Research, Inc. Rising usage of phenolic resins across various applications including wood adhesives, molding, insulations, laminates, paper impregnation, coatings, and other applications such as abrasives, composites, carbon binders, friction materials, sound-roof bonding felt, and tires & rubbers are likely to present lucrative opportunities for phenolic resins during the forecast period. Novolac resin, a type of phenolic resin, is ideal for making automotive parts like suspension, seats, bottom plates, tires, brake pistons, brake block & pads, brake linings,

Metal Matrix Composite Market Estimated At USD 558.5 Million By 2027

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  San Francisco, 13 Dec 2023:  The Report  Metal Matrix Composite Market  Size, Share & Trends Analysis Report By End-use (Ground Transportation, Electronics), By Product (Refractory, Aluminum), By Region, And Segment Forecasts, 2020 - 2027 The global metal matrix composite market size is expected to reach USD 558.5 million by 2027 registering a CAGR of 6.4%, according to a new report by Grand View Research, Inc. Rising concerns regarding environmental degradation and increasing levels of carbon emissions and pollution have created the need for the replacement of conventional dense materials with high-performance and lightweight materials in the automotive, aerospace, and other applications. Thus, growing focus on performance enhancement, in terms of fuel efficiency and safety, is expected to be the major factor augmenting the product demand over the forecast period. These composites offer excellent strength and stiffness, higher operating temperatures, and enhanced wear resistance

Medical Tubing Market Is Likely To Up Demand At A USD 19.5 Billion By 2030

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  San Francisco, 13 Dec 2023:  The Report  Medical Tubing Market  Size, Share & Trends Analysis Report By Product Type (Silicone, Polyolefins, Polyimide, Polycarbonates), By Application (Bulk Disposable Tubing, Catheters, Drug Delivery Systems), By Region, And Segment Forecasts, 2024 - 2030 The global medical tubing market size is anticipated to reach USD 19.5 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 8.5% from 2024 to 2030. The prevalence of respiratory diseases such as asthma, lung cancer, and pulmonary fibrosis worldwide is anticipated to fuel the global demand for medical tubing, as it is essential component of respiratory devices such as ventilators and nebulizers. Growing awareness among the masses about hospital-acquired diseases and surging concerns about the spread of such infections are projected to drive demand for disposable medical devices. According to the World Health Organization (WHO), the

Medical Simulation Market Size Is Projected To Reach USD 7.49 Billion By 2030

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  San Francisco, 13 Dec 2023:  The Report  Medical Simulation Market  Size, Share & Trends Analysis Report By Product & Services (Medical Simulation Software, Web-based Simulators, Simulation Training Services), By Technology, By End Use, And Segment Forecasts, 2023 - 2030 The global medical simulation market size is expected to reach a value of USD 7.49 billion by 2030. The market is expected to expand at a CAGR of 16.7% from 2023 to 2030. With recent technological advancements, the use of new medical devices and advanced procedures, such as enhanced mechanical ventilation devices, cardiac assist devices, and intra-cardiac echocardiography technology, is increasing; which drives the need for advanced training solutions, such as simulation, for customer training and internal product development. Certification and regulatory agencies are strictly recommending that physicians and clinicians be trained before the adoption of new, disruptive technologies. Although hands-on learning