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Optical Sensors Market Is Likely To Up Demand At A USD 54.83 Billion by 2030

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  San Francisco, 22 March 2024:  The Report  Optical Sensors Market  Size, Share & Trends Analysis Report By Type (Extrinsic Sensor, Intrinsic Sensor), By Sensor Type (Fiber Optic Sensor, Photoelectric Sensor), By Application, By End-use, By Region, And Segment Forecasts, 2024 - 2030 The global optical sensors market size is anticipated to reach USD 54.83 billion by 2030, registering a CAGR of 11.8% from 2024 to 2030, according to a new report by Grand View Research, Inc. Factors such as the rising adoption of automation in various industries and growing demand for consumer electronics products such as smartphones, laptops, & wearable smart devices are driving market growth. Moreover, the increasing demand for optical sensors in consumer electronics, healthcare, automotive, and aerospace & defense industries presents significant growth opportunities for the market. Robots now perform various duties in electronics, industrial, and automobile manufacturing industries. Industr

Forklift Market Size Poised To Reach USD 154.99 Billion By 2030

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  San Francisco, 22 March 2024:  The Report  Forklift Market  Size, Share & Trends Analysis Report By Class (Class 1, Class 2, Class 3, Class 4/5), By Power Source (ICE, Electric), By Load Capacity (Below 5 Ton, 5-15 Ton), By Region, And Segment Forecasts, 2024 - 2030 The global forklift market is expected to reach USD 154.99 billion by 2030 and is anticipated to expand at a CAGR of 13.5% from 2024 to 2030, according to a new report by Grand View Research, Inc. The e-commerce industry has experienced significant growth due to factors such as increased disposable income, widespread internet access, and enhanced shopping convenience. This surge in online shopping, coupled with unpredictable shipping and shopping patterns, as well as direct-to-customer shipments, has led to a substantial increase in retail sales. Hence, this growth in retail sales has brought about a noticeable transformation in warehouse operations. Warehouses are tasked with fulfilling substantial orders for individ

Quantum Computing Software Market Size Is Projected To Reach USD 2.51 Billion By 2030

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  San Francisco, 22 March 2024:   The Report  Quantum Computing Software Market  Size, Share & Trends Analysis Report By Component, By Deployment, By Technology, By Application, By End-use, By Region, And Segment Forecasts, 2024 - 2030 The global quantum computing software market size is anticipated to reach USD 2.51 billion by 2030 and is anticipated to expand at a CAGR of 18.5% from 2024 to 2030, according to a new report by Grand View Research, Inc. The potential of quantum computing in tackling sustainability and climate change issues is examined in this new trend. Utilizing quantum algorithms, researchers hope to improve environmental forecasts, optimize energy allocation, and simulate intricate climate models. This movement aims to speed up scientific progress in sustainability by utilizing the computational capacity of quantum computing to provide innovative solutions for resource optimization and environmental conservation. The healthcare sector is projected to experience t

Soybean Meal Market Is Expected To Reach $ 162.91 Billion By 2030

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  San Francisco, 22 March 2024:  The Report  Soybean Meal Market  Size, Share & Trends Analysis Report By Nature (Conventional, Organic), By End-use (Food & Beverages, Animal Feed, Industrial Use), By Region, And Segment Forecasts, 2024 - 2030 The global soybean meal market size is expected to reach USD 162.91 billion by 2030, growing at a CAGR of 4.5% from 2024 to 2030, according to a new report by Grand View Research, Inc. The soybean meal market is witnessing substantial growth, propelled by various factors that have gained consumer interest. An important driver in this expansion is the escalating demand for plant-based proteins. In an era of increased health and environmental awareness, soybean meal emerges as a valuable source of plant-based protein, attracting people looking for alternatives to traditional animal-derived protein sources. Furthermore, the growing recognition of the nutritional advantages linked to soy-based products, including their favorable effects on he

Disposable Gloves Market Size Is Anticipated To Reach USD 16.77 Billion By 2030

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  San Francisco, 22 March 2024:  The Report  Disposable Gloves Market  Size, Share & Trends Analysis Report By Material (Natural Rubber, Nitrile, Vinyl, Neoprene, Polyethylene), By Product (Powdered, Powder-free), By End Use, By Region, And Segment Forecasts, 2024 - 2030 The global disposable gloves market size is anticipated to reach USD 16.77 billion by 2030, It is expected to expand at a CAGR of 8.4% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market is anticipated to grow significantly over the coming years on account of several factors including favorable occupational safety regulations, increasing importance of safety and security at workplaces, rising healthcare expenditure, and the outbreak of the COVID-19 pandemic. The heightened awareness regarding the importance of hand protection in healthcare settings, food handling, and diverse industrial applications has significantly contributed to the expansion of the market. Furthermore, strict re

Wood Adhesives Market Is Likely To Up Demand At A USD 12.52 Billion By 2030

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  San Francisco, 21 March 2024:  The Report  Wood Adhesives Market  Size, Share & Trends Analysis Report By Product (Urea-Formaldehyde, Soy-based), By Application, By Substrate, By Region, And Segment Forecasts, 2024 - 2030 The global wood adhesives market size is anticipated to reach USD 12.52 billion by 2030 and is projected to grow at CAGR of 8.6% from 2024 to 2030, as per the new report by Grand View Research, Inc. The increasing demand from engineered wood-based panel manufacturers is a significant driver of the market. Adhesives are a preferred choice for binding wood strips, chips, fibers, strands, and veneers for manufacturing engineered wood-based panels such as plywood, particle board, oriented strand board, medium density fiberboard, and high density fiberboards. Increasing population and rapid urbanization accompanied with the government efforts to boost residential construction are likely to propel the demand for wood-based panels, which in turn is expected to support

North America Flame Retardant Thermoplastic Market Is Expected To Reach $ 5.66 Billion By 2030

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  San Francisco, 21 March 2024:  The Report  North America Flame Retardant Thermoplastic Market  Size, Share & Trends Analysis Report By Product (Acrylonitrile Butadiene Styrene, Polycarbonate, Polypropylene, Polystyrene), By Country, And Segment Forecasts, 2024 - 2030 The North America flame retardant thermoplastics market size is anticipated to reach USD 5.66 billion by 2030 and it is projected to grow at a CAGR of 4.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. Increase in use of environment-friendly and energy-saving products is also expected to influence the market positively. Ongoing research & developments in technology-based flame retardant thermoplastics are likely to boost the market growth as they offer excellent strength and thermal resistance with lower thickness. Technological breakthroughs, innovations, and studies carried out to expand the product’s application scope are projected to foster the demand. Rising utilization of flame-r