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The AI in Manufacturing Market was valued at $9.8 billion in 2023. This market is expected to reach $84.5 billion by 2031 from an estimated $11.8 billion in 2024, at a CAGR of 32.6% during the forecast period 2024-2031. AI in Manufacturing Market Size & Forecast Key factors driving the market’s growth ...
The Recycled Plastics Market was valued at $52.2 billion in 2024. It is expected to reach $101.3 billion by 2032 from an estimated $56.7 billion in 2025, at a CAGR of 8.7% during the forecast period 2025-2032. Recycled Plastics Market Size & Forecast The growth of the recycled plastics market is driven ...
The Wearable Technology Market is expected to reach $415.12 billion by 2029, at a CAGR of 17.1% during the forecast period. By volume, the global wearable technologies market is expected to reach 1,150.71 million units by 2029, at a CAGR of 19.2% during the forecast period. The growth of the wearable ...
Natural Language Processing Market Size & Forecast The Natural Language Processing Market is expected to reach $164.9 billion by 2031, at a CAGR of 29.2% from 2024 to 2031. Natural language processing (NLP) is the application of AI to process and analyze text or voice data in order to understand, interpret, ...
Smart Speaker Market Size & Forecast The Smart Speaker Market is expected to reach $48.8 billion by 2032, at a CAGR of 18.6% from 2025 to 2032, while in terms of volume, the market is expected to reach 143.1 million units by 2032, at a CAGR of 3.6% from 2025–2032. The growth of the smart speaker ...
Perfumes and Fragrances Market Size & Forecast The Perfumes and Fragrances Market is expected to reach $77.7 billion by 2032, at a CAGR of 4.2% from 2025 to 2032. The growth of this market is driven by the rising practice of aromatherapy, increasing celebrity endorsements for fragrances, and growth ...
Electric Motors Market Size & Forecast The Electric Motors Market is expected to reach $254.1 billion by 2032, at a CAGR of 7.1% from 2025 to 2032. The growth of the electric motors market is driven by the increase in demand for energy-efficient electric motors, growing demand for electric motors in ...
Smart Parking Market Size & Forecast The Smart Parking Market is expected to reach $22.9 billion by 2032, at a CAGR of 18.2% from 2025 to 2032. The growth of this market is driven by escalating traffic congestion caused by improper parking, increasing investments in smart parking facilities, and the ...
Identity Verification Market Size & Forecast The Identity Verification Market is expected to reach $30.6 billion by 2032, at a CAGR of 14.7% from 2025 to 2032. The growth of the identity verification market is driven by the rising incidence of identity fraud and cybercrime and the increasing adoption ...
The Medical Device Contract Manufacturing Market was valued at $80.09 billion in 2024. This market is expected to reach $171.19 billion by 2032, from an estimated $88.41 billion in 2025, at a CAGR of 9.9% during the forecast period 2025-2032. Medical Device Contract Manufacturing Market Size & ...
Cranes Market Size & Forecast The Cranes Market is expected to reach $51.7 billion by 2032, at a CAGR of 4.6% from 2025 to 2032. The growth of the cranes market is driven by rapid urbanization and infrastructure development, growing global trade & the consequent increase in port and shipyard operations, ...
Automotive Plastics Market Size & Forecast The Automotive Plastics Market is expected to reach $76.6 billion by 2032, at a CAGR of 7.8% from 2025–2032. The growth of the automotive plastics market is driven by the adoption of lightweight plastic materials, cost-effective materials, and easy replacement. Furthermore, ...
Industrial Packaging Market Size & Forecast The Industrial Packaging Market is expected to reach $102.4 billion by 2032, at a CAGR of 4.6% from 2025 to 2032. The growth of the industrial packaging market is driven by the rising demand for sustainable packaging solutions in the chemical industry and ...
Solar Inverter Market Size & Forecast The Solar Inverter Market is expected to reach $18.8 billion by 2032, at a CAGR of 8.9% from 2025 to 2032. The growth of this market is driven by the growing focus on sustainability and environmental concerns, government policies and incentives aimed at promoting ...
Smoke Detectors Market Size & Forecast The Smoke Detectors Market is expected to reach above $4.8 billion by 2032, at a CAGR of 7.9% from 2025 to 2032.The growth of the smoke detectors market is driven by advancements in smoke detection technology and growing investment in smart building projects. However, ...
Corrugated Packaging Market Size & Forecast The Corrugated Packaging Market is expected to reach $206.3 billion by 2032, at a CAGR of 4.4% from 2025 to 2032. The growth of this market is attributed to the rapidly growing e-commerce sector, surging use of transit packaging in the food & beverage sector, ...
Automotive Transmission Market Size & Forecast The Automotive Transmission Market is expected to reach $146.2 billion by 2032, at a CAGR of 5.4% from 2025 to 2032. The growth of the automotive transmission market is driven by increasing advancements in automotive transmission technology and stringent ...
Ocular Implants Market Size & Forecast The Ocular Implants Market is expected to reach $23.43 billion by 2032, at a CAGR of 6.1% from 2025 to 2032. The growth of the ocular implants market is driven by the increasing geriatric population coupled with the high prevalence of eye diseases, the rising adoption ...
Alzheimer’s Drugs Market Size & Forecast The Alzheimer’s Drugs Market is projected to reach $9.62 billion by 2032 at a CAGR of 9.8% from 2025 to 2032. The growth of this market can be attributed to various factors, such as the increasing burden of Alzheimer's disease globally, rising prevalence ...