Syndicated Research Studies

The U.S. aluminum extrusion market was valued at USD 6.78 billion in 2023 and is projected to grow at a CAGR of 7.0% from 2024 to 2030. This growth is attributed to a confluence of factors, including the burgeoning demand from the automotive and construction sectors. The market is witnessing a significant upsurge due to the automotive industry’s shift towards lightweight and fuel-efficient vehicles, which extensively utilize aluminum extrusions. Additionally, the construction industry’s trend towards sustainable and energy-efficient building practices has spurred the demand for aluminum extrusions. Regulatory frameworks significantly shape the trajectory of the U.S. aluminum extrusion market. The stringent standards set by agencies such as the National Highway Traffic Safety Administration (NHTSA), California Air Resource Board (CARB), and the U.S. Environmental Protection Agency (EPA) have a profound impact. These regulations, particularly concerning greenhouse g...

Tankless Water Heater Market Growth & Trends The global tankless water heater market size is expected to reach USD 6.80 billion by 2030, expanding at a CAGR of 8.7% from 2023 to 2030, according to a new report by Grand View Research, Inc. Rapid growth in the adoption of these heaters in the residential and commercial industries, as they are capable of saving space as well as energy, drives the market growth. Additionally, several tankless water heaters are equipped with energy star ratings, which make them economical and eco-friendly for buyers which increases the market growth. The high cost of a tankless heater as compared to a traditional water heater is expected to restrain the market growth. COVID-19 had a negative impact on the growth of the market. Most leading brands experienced a decline in sales due to the pandemic. This is due to the closure of numerous manufacturing & industrial facilities and delays in some infrastructural expansion projects. However, go...

Pumps Market Growth & Trends The global pumps market size is anticipated to reach USD 77.07 billion by 2030 and is projected to grow at a CAGR of 4.4% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market is driven by rising industrial growth, increasing water & wastewater treatment needs, growing demand in the oil & gas sector, and advancements in technology enhancing pump efficiency. In addition, infrastructure development, agricultural activities, and a focus on renewable energy sources contribute to the market's expansion. Water & wastewater treatment is expected to register a significant growth rate across the forecast period owing to the urbanization, population growth, and rise in manufacturing activities in the industrialized nations. Growing requirements of centrifugal pumps on account of providing properties such as ideal capability of raising pressure inside pump casing, high flow rate deliverability, and hi...

External Defibrillators Market Growth & Trends The global external defibrillators market size is anticipated to reach USD 6.71 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a notable CAGR of 9.7% from 2024 to 2030. The key factors driving the market growth include rising technological advancements, initiatives for promoting public access AEDs, and the incidence of sudden cardiac arrest. The COVID-19 pandemic increased awareness about defibrillation training and the use of external defibrillators in case of an adverse cardiac event, thus increasing demand for defibrillators. The pandemic also resulted in logistical bottlenecks and operational challenges. According to the study published in Elsevier, Inc., the number of out-of-hospital cardiac arrests occurring in Paris and its suburbs almost doubled amid the pandemic, from March 16 to April 26, 2020. Such factors are expected to boost sales of external defibril...

Education Technology Market Growth & Trends The global education technology market size is expected to reach USD 348.41 billion by 2030, growing at a CAGR of 13.4% from 2024 to 2030, according to a new report by Grand View Research, Inc. The process of learning is evolving gradually in line with advances in technology. From virtual classrooms to massive open online courses (MOOCs), the EdTech industry is transforming rapidly, thereby leading to an influx of massive investments worldwide. Having realized the potential of leveraging the advances in technology to enhance the process of learning, governments across the world are encouraging the incumbents of the education industry to undertake various initiatives aimed at integrating EdTech into the overall education system. In January 2022, the Delhi government (India) took the initiative to install 20,000+ smart classrooms in the school by installing 16 smart classrooms in Shaheed Amir Chand Sarvodaya Vidyalaya. The initia...

Clinical Trial Biorepository & Archiving Solutions Market Growth & Trends The global clinical trial biorepository & archiving solutions market size is estimated to reach USD 7.0 billion in 2030 and is projected to grow at a CAGR of 8.17% from 2024 to 2030, according to a new report by Grand View Research, Inc. This is mainly due to the increasing importance of biological sample management in clinical trials and the desire to streamline data collection and reporting. In addition, the expansion of precision, personalized, and genomic medicine, increased R&D spending and efforts to make data gathering & reporting easier by employing software like the Laboratory Information Management System (LIMS) to manage laboratory samples are all key factors driving the industry growth. Multiple regulatory agencies advise and develop best practices in biorepository operations. The International Society for Biological and Environmental Repositories has strengthe...

Aromatherapy Market Growth & Trends The global  aromatherapy market  size is anticipated to reach USD 15.1 billion by 2030, expanding at a CAGR of 8.7% from 2024 to 2030, according to a new report by Grand View Research, Inc. The increasing health consciousness among the masses and the surging importance of individual well-being are expected to positively impact the growth of the global market. The rising preference for natural and organic products, coupled with a growing focus on self-care, has spurred the demand for aromatherapy solutions. Additionally, the integration of aromatherapy into mainstream healthcare practices, such as massage therapy and spa treatments, further fuels market growth. Moreover, the expanding popularity of aromatherapy in managing various health conditions, coupled with a surge in lifestyle-related disorders, contributes to a positive market outlook. As consumers seek alternative and complementary approaches to wellness, the market is positione...