Press Releases from Transparency Market Research (73739 total)
Unna Boot Market Forecast 2031: Growing Incidence of Venous Leg Ulcers and Chron …
The Unna boot market is experiencing steady growth, fueled by the increasing incidence of venous stasis ulcers, sports-related injuries, and chronic wound conditions. Valued at USD 133.6 million in 2022, the market is projected to expand at a 5.1% compound annual growth rate (CAGR), reaching USD 207.9 million by 2031. As healthcare providers continue to prioritize effective wound management solutions, the demand for advanced compression therapy products such as Unna…
Hemostatic Agents Market Forecast 2031: Rising Surgical Procedures and Trauma Ca …
The global hemostatic agents market is witnessing significant growth, fueled by the increasing number of surgical procedures, the rising prevalence of chronic diseases, and the need for advanced solutions to manage excessive blood loss. According to industry reports, the market was valued at US$ 2.6 billion in 2022 and is projected to expand at a CAGR of 6.2%, reaching US$ 4.5 billion by 2031.
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3D Display Market Projected to Hit USD 494.9 Billion by 2031 Amid Rising Demand …
The 3D display market has experienced notable growth in recent years, fueled by rapid technological advancements and rising demand across the entertainment, gaming, automotive, and healthcare sectors. These displays offer enhanced depth perception and immersive visual experiences, with cutting-edge models now supporting glasses-free viewing for greater convenience and user engagement.
The 3D display market is projected to reach a valuation of USD 494.9 million by the end of 2031, expanding at…
Supercapacitor Market Set to Reach USD 7.1 Billion by 2031 on Back of Energy Sto …
The global supercapacitor market is experiencing strong growth, driven by increasing demand for high-performance energy storage solutions across a variety of industries. Also known as ultracapacitors, supercapacitors are gaining widespread adoption due to their rapid charging capabilities, long operational lifespan, and high power density. These attributes make them ideal for use in automotive systems, consumer electronics, renewable energy applications, and industrial equipment.
The supercapacitor market is set for significant growth over…
Magnetic Sensors Market to Reach USD 8.2 Billion by 2031, Driven by Expanding Au …
Magnetic sensors are essential devices that detect and measure magnetic fields to determine parameters such as position, speed, and direction. These sensors are widely used across sectors including automotive, industrial, consumer electronics, aerospace, healthcare, and energy. Known for their ability to enable contactless sensing, motion control, and accurate navigation, magnetic sensors work by converting magnetic field variations into electrical signals, ensuring precise and reliable performance in a broad range of…
Biological Imaging Reagents Market Outlook 2031: From US$ 16.8 Billion in 2022 t …
The global Biological Imaging Reagents Market, valued at US$ 16.8 billion in 2022, is projected to grow at a compound annual growth rate (CAGR) of 5.4% from 2023 to 2031, reaching US$ 26.9 billion by 2031. Biological imaging reagents, such as fluorescent dyes, contrast agents, and probes, enhance visualization in diagnostic techniques like MRI, CT, and fluorescence imaging. The market's growth is driven by rising prevalence of chronic diseases, advancements…
Thin Wafers Market Projected to Hit USD 21.65 Billion by 2031, Fueled by Advance …
The thin wafers market is witnessing robust growth, propelled by the increasing demand for compact, high-performance electronic devices. Ranging from 50 to 200 micrometers in thickness, these wafers are essential in semiconductor applications such as MEMS, power devices, and advanced packaging. Continued innovation across consumer electronics, automotive technologies, and industrial systems is accelerating the adoption of ultra-thin, high-precision semiconductor wafers.
The global thin wafers market is projected to expand at a…
Joint Pain Injections Market Outlook 2031: From US$ 4.7 Billion in 2021 to Over …
The global Joint Pain Injections Market, valued at US$ 4.7 billion in 2021, is projected to grow at a compound annual growth rate (CAGR) of 7.8% from 2022 to 2031, reaching more than US$ 9.8 billion by the end of 2031. Joint pain injections, including corticosteroids, hyaluronic acid, and platelet-rich plasma (PRP), are used to manage conditions like osteoarthritis, rheumatoid arthritis, and sports injuries. The market's growth is driven by…
Hypopigmentation Disorder Treatment Market Outlook 2031: From US$ 6.7 Billion in …
The global Hypopigmentation Disorder Treatment Market, valued at US$ 6.7 billion in 2022, is projected to grow at a compound annual growth rate (CAGR) of 6.0% from 2023 to 2031, reaching US$ 11.2 billion by 2031. Hypopigmentation disorders, such as vitiligo, albinism, and post-inflammatory hypopigmentation, involve loss of skin pigment and are treated with topical therapies, laser treatments, and phototherapy. The market's growth is driven by increasing prevalence of skin…
Printed and Flexible Sensors Market Set for Strong Growth, Projected to Cross US …
The printed and flexible sensors market is projected to experience substantial growth from 2023 to 2031, driven by increasing demand for lightweight, cost-effective, and adaptable sensing technologies across various industries. These sensors offer key advantages-including flexibility, low power consumption, and scalability in manufacturing-which make them ideal for use in healthcare, consumer electronics, automotive systems, and industrial automation.
The printed and flexible sensors market is expected to reach a valuation of USD…
Veterinary Supplements Market Outlook 2031: From US$ 8.3 Billion in 2022 to Over …
The global Veterinary Supplements Market, valued at US$ 8.3 billion in 2022, is projected to grow at a compound annual growth rate (CAGR) of 6.9% from 2023 to 2031, reaching over US$ 15.2 billion by the end of 2031. Veterinary supplements, including vitamins, minerals, probiotics, and herbal products, address nutritional deficiencies and support animal health in areas like joint, digestive, and immune function. Growth is driven by rising pet ownership,…
Glucose Tolerance Test Market Poised to Grow at 10.5% CAGR Through 2034, Driven …
The global Glucose Tolerance Test Market is on a robust upward trajectory, according to new industry insights projecting its valuation to reach US$ 183.2 Billion by 2034, up from US$ 61.4 Billion in 2023. Registering a compound annual growth rate (CAGR) of 10.5% from 2024 to 2034, this market is driven by rising rates of diabetes and obesity, increasing awareness around early detection, and innovations in diagnostic technologies.
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Gastrointestinal Bleeding Treatment Market Outlook 2031: From US$ 518.3 Million …
The global Gastrointestinal Bleeding Treatment Market, valued at US$ 518.3 million in 2022, is projected to grow at a compound annual growth rate (CAGR) of 5.4% from 2023 to 2031, reaching US$ 824.9 million by the end of 2031. Gastrointestinal (GI) bleeding, a serious condition involving bleeding in the digestive tract, is treated with endoscopic devices, medications, and surgical interventions. Growth is driven by increasing prevalence of GI disorders, advancements…
Modular Furniture Market Valued at USD 61.1 Bn in 2023, Projected to Reach USD 9 …
The modular furniture market is transforming in response to rapid urbanization, lifestyle shifts, and evolving consumer expectations. The demand for furniture that is not only functional but also stylish, space-saving, and environmentally conscious is pushing the boundaries of traditional furniture manufacturing. Modular furniture, which allows for reconfiguration, customization, and portability, is emerging as a preferred choice in residential, commercial, and hospitality settings. As people increasingly live in compact urban homes…
Smart Faucets Market Outlook 2034: Innovation, Hygiene, and Automation Driving G …
The global smart faucets market is poised for robust growth, expanding from a valuation of US$ 440.9 million in 2023 to an anticipated US$ 836.2 million by 2034, registering a compound annual growth rate (CAGR) of 6.0% between 2024 and 2034. This upward trajectory is largely attributed to increased consumer demand for contactless solutions, heightened awareness of hand hygiene, and ongoing advancements in Internet of Things (IoT) and smart home…
Waterproof Makeup Market Forecasted to Grow at 6.4% CAGR, Hitting USD 34.7 Billi …
The global waterproof makeup market continues to ride a wave of strong consumer demand, reaching a valuation of US$ 17.5 billion in 2023. Forecasts indicate impressive growth, with the market projected to expand at a CAGR of 6.4% between 2024 and 2034, ultimately hitting US$ 34.7 billion by 2034. As consumer preferences evolve, brands are accelerating the development of vegan and cruelty-free waterproof makeup solutions to meet rising ethical and…
Non-alcoholic Spirits Market Valued at USD 531.9 Million in 2023; Poised to Reac …
The non-alcoholic spirits market is undergoing a revolutionary transformation, fueled by a significant shift in consumer preferences toward healthier lifestyles, mindful consumption, and premium beverage experiences without the intoxicating effects of alcohol. These emerging demands have led to the rapid development of alcohol-free alternatives that mimic the complexity, aroma, and social function of traditional spirits. The industry, once considered niche, is now attracting substantial investments and innovation, positioning itself as…
Marine Hybrid & Electric Propulsion Battery Pack Market to Hit USD 2.4 Billion b …
The global battery pack for marine hybrid & full electric propulsion market is set to experience robust growth, driven by the rise in electrification of the marine sector and the implementation of stringent emission regulations. Valued at US$ 977.6 Mn in 2023, the market is projected to expand at a compound annual growth rate (CAGR) of 8.7% from 2024 to 2034, reaching US$ 2.4 Bn by the end of 2034.…
Downhole Control Lines Market Set to Hit USD 12.9 Billion by 2034, Expanding at …
The global downhole control lines market is set for robust growth, driven by rising investments in oil & gas exploration and advancements in smart well technologies. Valued at US$ 5.2 Bn in 2023, the market is projected to grow at a compound annual growth rate (CAGR) of 8.7% from 2024 to 2034, reaching US$ 12.9 Bn by 2034. Downhole control lines are critical components used in operating downhole completion equipment,…
Global Well Intervention Market to Expand at 5.7% CAGR Through 2031, Says Transp …
The global well intervention market is set to experience steady growth as subsea exploration activities increase and energy consumption continues to surge. Valued at US$ 7.9 Bn in 2022, the market is projected to advance at a compound annual growth rate (CAGR) of 5.7% from 2023 to 2031, reaching US$ 13.1 Bn by the end of 2031. Driven by the depletion of conventional oil reserves and rising drilling costs, well…
Flexible Power Plants Market with Medium Speed Generators to Reach 11.4 GW by 20 …
The global flexible power plants market powered by medium speed generators (300-1200 rpm) is set for steady growth, driven by the increasing flexibility requirements in power grids and the decentralization of power generation. In 2023, the market volume was 7.3 GW and is projected to grow at a compound annual growth rate (CAGR) of 4.1% from 2024 to 2034, reaching 11.4 GW by the end of 2034. This growth is…
Underwater Monitoring in Oil & Gas Market to Reach USD 1.8 Billion by 2034, Says …
The global underwater monitoring system for oil and gas market is set for significant growth, driven by rising oil & gas consumption and a surge in offshore accidents. Valued at US$ 879.0 Mn in 2023, the market is forecast to grow at a compound annual growth rate (CAGR) of 6.6% from 2024 to 2034, reaching US$ 1.8 Bn by the end of 2034. Advanced subsea acoustic monitoring systems, integrated sensor…
Metrology Services Market to Hit USD 1.1 Bn by 2031, Fueled by IIoT and Precisio …
The global metrology services market is poised for significant expansion, projected to reach US$ 1.1 Bn by 2031, up from US$ 649.6 Mn in 2020, growing at a CAGR of 5.7% during the forecast period from 2021 to 2031. The industry is undergoing a transformational shift, propelled by advancements in smart automation, the Industrial Internet of Things (IIoT), and the rising demand for precision measurement across diverse sectors such as…
Global Microgrid-as-a-Service Market Set to Surpass US$ 7.83 Bn by 2031, Driven …
The global Microgrid-as-a-Service (MaaS) market, valued at US$ 1.85 Bn in 2021, is projected to advance at a CAGR of 15.7% from 2022 to 2031 and reach a valuation of US$ 7.83 Bn by the end of 2031, according to recent market intelligence. The rapid shift toward decentralized, renewable energy and the growing need for uninterrupted power supply are major contributors to this robust growth.
Market Overview: Microgrid-as-a-Service (MaaS) is an…
Smart Water Meter Market to Reach USD 7.6 Billion by 2031 Amid Growing Demand fo …
The global smart water meter market is witnessing substantial growth, driven by increasing emphasis on efficient water use, real-time monitoring, and sustainable infrastructure development. Valued at USD 4.0 billion in 2021, the market is projected to expand at a CAGR of 6.9% from 2022 to 2031, reaching USD 7.6 billion by 2031, according to industry analysts.
Market Overview: Smart water meters are advanced devices that enable accurate measurement, real-time monitoring, and…
Water Analysis Instruments Market to Reach USD 9.3 Bn by 2031, Driven by Rising …
The global water analysis instruments market was valued at USD 5.2 Bn in 2022 and is projected to reach USD 9.3 Bn by the end of 2031, expanding at a CAGR of 6.8% from 2023 to 2031, according to recent industry analysis. The market is being driven by growing awareness of water quality, increasing regulatory pressures, and rising demand across industries such as pharmaceuticals, agriculture, and food & beverage.
Market Overview:…
a-Si X-ray Flat Panel Detectors Market Forecast 2031: Advancements in Digital Ra …
The global a-Si X-ray Flat Panel Detectors Market is poised for significant growth, reaching USD 1.7 billion by 2031, expanding at a CAGR of 5.4% from 2023 to 2031. Increasing adoption of digital radiography, rising dental visits, and advancements in X-ray imaging technology are fueling market expansion.
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Amorphous Silicon (a-Si) X-ray Flat Panel Detectors (FPDs) play a crucial role in…
Anal Irrigation Systems Market Forecast 2031: Increasing Focus on Bowel Care and …
The global anal irrigation systems market was valued at USD 328.4 million in 2022 and is projected to expand at a CAGR of 3.5% from 2023 to 2031, reaching USD 443.6 million by 2031. Increasing cases of colorectal cancer and the growing need for effective bowel management solutions are key drivers of market growth.
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Analyst Viewpoint
The rising incidence of colorectal…
Microdermabrasion Devices Market Forecast 2031: Rising Demand for Non-invasive A …
The global microdermabrasion devices market is projected to grow at a CAGR of 7.5% from 2023 to 2031, reaching USD 549.0 million by the end of the forecast period. The increasing prevalence of skin diseases, rising demand for non-invasive cosmetic procedures, and continuous technological advancements in dermatology are driving market growth.
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Market Insights and Key Growth Drivers
Microdermabrasion devices have gained traction…
Disposable Incontinence Products Market Forecast 2034: Aging Population and Dema …
The global disposable incontinence products market is poised for substantial growth, driven by increasing awareness regarding menstrual hygiene and rising demand for adult diapers. According to a report by Transparency Market Research (TMR), the market, which was valued at US$ 11.5 billion in 2023, is projected to grow at a CAGR of 4.8% from 2024 to 2034, reaching US$ 19.2 billion by 2034.
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Pharmaceutical Waste Management Market Forecast 2031: Regulatory Compliance and …
The global pharmaceutical waste management market, valued at USD 1.5 billion in 2022, is projected to expand at a compound annual growth rate (CAGR) of 4.9% from 2023 to 2031, reaching an estimated USD 2.4 billion by the end of 2031. The market's expansion is being driven by an increase in pharmaceutical waste volumes due to the launch of new drugs and heightened awareness regarding environmental conservation, alongside stringent regulatory…
Synchrophasors Market to Reach USD 2.0 Bn by 2034 Amid Surge in Grid Modernizati …
The global synchrophasors market is poised for transformative growth, driven by increasing demands for real-time grid monitoring, integration of renewable energy sources, and the modernization of electric infrastructure. Valued at USD 258.9 Mn in 2023, the market is projected to grow at a robust CAGR of 20.5% from 2024 to 2034, reaching USD 2.0 Bn by 2034, according to a recent market analysis. This rapid expansion reflects a global shift…
Neuropathic Pain Therapeutics Market Outlook 2030: Projected to Reach US$ 10.2 B …
The global Neuropathic Pain Therapeutics Market is projected to reach US$ 10.2 billion by 2030, expanding at a moderate compound annual growth rate (CAGR) of approximately 5% from 2020 to 2030. Neuropathic pain, caused by nerve damage from conditions like diabetes, chemotherapy, or injuries, is treated with medications such as anticonvulsants, antidepressants, and opioids. The market's growth is driven by rising prevalence of neuropathic pain, increasing chronic disease incidence, and…
Dry Eye Disease Treatment Market Outlook 2030: Projected to Reach US$ 8.7 Billio …
The global Dry Eye Disease Treatment Market is projected to reach US$ 8.7 billion by 2030, expanding at a compound annual growth rate (CAGR) of approximately 4% from 2020 to 2030. Dry eye disease, characterized by insufficient tear production or poor tear quality, is treated with artificial tears, anti-inflammatory drugs, and devices like punctal plugs. The market's growth is driven by increasing prevalence due to aging populations, digital screen use,…
Catheter-Related Bloodstream Infections Market Outlook 2031: From US$ 1.3 Billio …
The global Catheter-Related Bloodstream Infections (CRBSI) Market, valued at US$ 1.3 billion in 2021, is projected to grow steadily, advancing at a compound annual growth rate (CAGR) of 5.1% from 2022 to 2031, surpassing US$ 2.0 billion by the end of the forecast period. The market encompasses products and solutions for preventing and treating infections caused by catheters, such as antimicrobial catheters, antibiotic lock solutions, and diagnostics. Growth is driven…
Atipamezole Market Outlook 2030: Projected to Reach US$ 70 Million by 2030, Driv …
The global Atipamezole Market, valued at approximately US$ 65 million in 2022, is projected to reach US$ 70 million by 2030, expanding at a compound annual growth rate (CAGR) of 1% from 2020 to 2030. Atipamezole, a synthetic alpha-2 adrenergic receptor antagonist, is primarily used in veterinary medicine to reverse sedative effects of drugs like dexmedetomidine and medetomidine in animals, particularly dogs and cats. The market's modest growth is driven…
Disinfectants Market Outlook 2030: From Over US$ 6.9 Billion in 2019 to Signific …
The global Disinfectants Market, valued at over US$ 6.9 billion in 2019, is projected to expand at a compound annual growth rate (CAGR) of approximately 7% from 2020 to 2030. Disinfectants, used to eliminate pathogens on surfaces and in healthcare settings, have seen increased demand due to heightened hygiene awareness and infection control needs, particularly post-COVID-19. The market's growth is driven by rising healthcare-associated infections, expanding healthcare infrastructure, and growing…
Non-destructive Testing Market to Reach USD 31.9 Billion by 2034, Growing at 6.7 …
Non-Destructive Testing (NDT) encompasses a variety of analytical techniques used to assess the properties of materials, components, structures, or systems without causing any damage. It plays a vital role in ensuring product quality, structural integrity, operational safety, and regulatory compliance across major industries such as aerospace, automotive, construction, and energy.
The global Non-Destructive Testing (NDT) market is projected to grow at a CAGR of 6.7% from 2024 to 2034, reaching a…
Wafer Glass Market Set to Hit USD 1.6 Billion by 2031 Amid Growing Demand for Se …
Wafer glass is a critical component in semiconductor manufacturing, providing a stable and highly precise substrate for the deposition of electronic circuits and components. The rising adoption of consumer electronics, along with the rapid growth of industries such as automotive, telecommunications, and advanced electronics, is fueling robust demand for wafer glass in global markets.
The global wafer glass market is expected to reach USD 1.6 billion by 2031, expanding at a…
5G Testing Market Projected at USD 7.7 Billion by 2034 Amid Growing Demand for S …
The global 5G testing market is witnessing robust growth, driven by the rapid deployment of 5G networks and the increasing adoption of next-generation communication technologies across key industries. Sectors such as telecommunications, automotive, healthcare, and manufacturing are turning to advanced testing solutions to ensure reliable network performance. These systems play a vital role in validating seamless connectivity, ultra-low latency, and high bandwidth-all essential for enabling innovations like the Internet of…
Gastric Motility Disorder Drugs Market Valued at USD 57.6 Billion in 2023, Proje …
The global gastric motility disorder drugs market is undergoing significant evolution, driven by rising gastrointestinal (GI) disease prevalence and increasing patient awareness. Gastric motility disorders, such as gastroparesis, chronic constipation, and irritable bowel syndrome with constipation (IBS-C), are affecting millions worldwide, thereby generating consistent demand for advanced therapeutics. With advancements in gastrointestinal drug development and improved diagnostics, healthcare providers are increasingly emphasizing personalized and targeted treatment approaches. Pharmaceutical innovations and…
Food Allergy Market Forecast 2024-2034: Robust 5.9% CAGR to Propel Growth Beyond …
Food allergies have become a growing global health concern, particularly affecting children and young adults. With allergens like peanuts, dairy, shellfish, and eggs triggering life-threatening immune responses, the need for improved management has become imperative. The food allergy market spans across diagnostics, therapeutics, and dietary solutions, encompassing a range of stakeholders from pharmaceutical giants to startups focused on hypoallergenic foods. The market reflects not just medical urgency, but also lifestyle…
Robotic Waste Sorting Market to Hit USD 3.4 Billion by 2034, Expanding at 3.8% C …
The robotic waste sorting market is experiencing significant growth, fueled by the rising global focus on efficient waste management and environmental sustainability. Advancements in automation technologies-particularly the integration of artificial intelligence (AI), machine learning (ML), and computer vision-are transforming the recycling landscape. These smart systems enhance the speed and precision of waste sorting, reducing reliance on manual labor and improving overall operational efficiency. As governments and industries intensify efforts to…
Fibroblast Growth Factors (FGFs) Market to Reach USD 640.3 Million by 2034, Expa …
The global fibroblast growth factors (FGFs) market is poised for significant expansion over the next decade, as increasing research in regenerative medicine and expanding applications in wound healing and tissue engineering drive robust demand. According to the latest market insights, the global FGFs industry was valued at US$ 270.7 million in 2023 and is expected to register a compound annual growth rate (CAGR) of 8.1% from 2024 to 2034, reaching…
U.K. Surgical Pledgets Market to Reach USD 27.5 Million by 2034, Expanding at 5. …
The U.K. surgical pledgets market continues on an upward growth trajectory, with the industry valued at US$ 15.3 million in 2023. Projections indicate robust expansion, with the market anticipated to reach over US$ 27.5 million by 2034, growing at a CAGR of 5.5% during the forecast period of 2024-2034. With surgical procedures becoming increasingly advanced and patient-centric, surgical pledgets-small, absorbent pads used for tissue protection and hemorrhage control-are becoming an…
Femoral Canal Brush Market Forecast 2024-2034: CAGR of 7.4% to Drive Market from …
The global Femoral Canal Brush Market, valued at US$ 419.3 million in 2023, is projected to grow at a CAGR of 7.4% from 2024 to 2034, reaching a total market value of US$ 920.5 million by 2034, according to a comprehensive market outlook study. Fueled by advancements in surgical procedures and an aging global population requiring orthopedic and cardiovascular care, the femoral canal brush market is poised for sustained growth…
Carbon Battery Bank Market Set to Hit USD 10.2 Billion by 2031, Expanding at 8.2 …
The global carbon battery bank market, valued at US$ 4.7 billion in 2022, is set for steady growth over the next several years. With an anticipated CAGR of 8.2% from 2023 to 2031, the market is projected to reach US$ 10.2 billion by the end of 2031. This growth is fueled by the rising demand for battery banks that offer easy installation, low maintenance, and high security, alongside increasing interest…
Space-Based Solar Power Market Set to Exceed USD 3.4 Billion by 2031, Expanding …
The global space-based solar power (SBSP) market, valued at US$ 412.2 million in 2022, is set for significant expansion. With an anticipated CAGR of 26.4% from 2023 to 2031, the market is projected to reach US$ 3.4 billion by the end of 2031. Increasing global energy demand, heightened awareness of sustainable energy sources, and rapid advancements in space technology are key drivers propelling this market forward. Moreover, the growing application…
Europe Waste Recycling Services Market Projected to Hit $251.4 Billion by 2031, …
The Europe waste recycling services market, which stood at US$ 155.2 billion in 2022, is set for robust growth over the coming years. Driven by stringent waste management rules, the European Union's commitment to a circular economy, and significant private-sector investments, the market is estimated to increase at a CAGR of 5.4% from 2023 to 2031, reaching US$ 251.4 billion by the end of 2031.
Robust recycling targets and investments in…
Transparent Solar Cell Market to Expand at 20.3% CAGR, Projected to Hit $67.5 Mi …
The global transparent solar cells market, which was valued at US$ 12.6 million in 2022, is set to experience robust expansion over the coming years. Propelled by a rising need to switch to greener energy sources, growing global emphasis on sustainability, and breakthrough technological innovations, the market is projected to advance at a CAGR of 20.3% from 2023 to 2031, reaching US$ 67.5 million by the end of 2031.
Transparent solar…
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