The global surface mount technology market size is expected to reach USD 8,222.0 million by 2030, expanding at a CAGR of 5.8%, according to a new report by Grand View Research, Inc. Surface mount technology (SMT) is a method of electronic component assembly used to build electronic circuits on printed circuit boards (PCBs). In SMT, electronic components such as resistors, capacitors, and...
The global specialty silica market size is expected to reach USD 10.1 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 7.1% from 2022 to 2030. The increasing investments in the construction and infrastructure industry are expected to propel the demand for paints and coatings, and eventually benefit the product demand over the...
The global sound recognition market size is expected to reach USD 4.40 billion by 2030, expanding at a CAGR of 18.7% from 2024 to 2030, according to a new report by Grand View Research, Inc. Sound recognition runs on inexpensive microcontrollers that result in a low bill of materials, thereby providing an economical solution. It is highly flexible since it can detect various sounds and allows...
The global sodium nitrite market size is expected to reach USD 580.8 million by 2030, as per a new report by Grand View Research, Inc. registering a CAGR of 4.2% from 2023 to 2030. The demand is attributed to the increasing demand for preservatives in the food & beverage industry. Preservatives help increase food items' shelf-life by delaying the spread of pathogens and microorganisms....
The global shrink sleeve & stretch sleeve labels market size was estimated at USD 15.12 billion in 2023 and is expected to grow at a CAGR of 5.5% from 2024 to 2030. The global market for stretch and shrink sleeves labels is poised for growth, driven by advancements in material technology, a strong demand for aesthetically pleasing packaging, and a shift towards sustainability and smart...
The global self-defense products market size is expected to reach USD 4.42 billion by 2030, registering a CAGR of 6.5% from 2025 to 2030, according to a new report by Grand View Research, Inc. The market growth is primarily attributed to rising incidences of civil unrest, along with the need for personal safety on recreational activities such as camping and hiking. Hunting is considered to be...
The global sales force automation software market size is expected to reach USD 17.94 billion by 2030, growing at a CAGR of 8.7% from 2023 to 2030. The growing adoption of cloud technologies for sales force automation and rising demand for sales forecasting applications are the primary drivers of the sales force automation software market. Further, the adoption of Customer Relationship...
The global RNA analysis market size is expected to reach USD 20.21 billion by 2030, registering a CAGR of 10.86% according to a new report by Grand View Research, Inc.. Transcriptomics is one of the most advanced fields in the post-genomic period. Technological advancements in this industry can be attributed to the increasing applications of transcriptome sequencing in life science for...
The global retail cloud market is anticipated to reach USD 167.82 billion by 2030 and is expected to expand at a CAGR of 18.7% from 2024 to 2030, according to a new report by Grand View Research, Inc. Cloud computing significantly impacts the retail industry; it drives innovation through improved inventory management, allowing real-time tracking, identifying stock shortages, and optimizing...
The global polymer microinjection molding market size is expected to reach USD 2.53 billion by 2030, registering a CAGR of 10.5% from 2024 to 2030, according to a new report by Grand View Research, Inc. Growing demand for small sized components mainly from the medical industry is expected to be a key driving factor for the market. Microinjection molding is used to manufacture highly valued...
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