Global lithium-ion battery anode market is growing at a high CAGR because of the increasing usage of lithium-ion batteries in the renewable energy sector. Additionally, the market is being driven by the growing need for battery-operated material-handling equipment in the industrial sector.
Global flow battery market is growing at a high CAGR because of the increasing installation of solar power in public and private spaces. Additionally, increasing demand for consistent voltage and constant power supply in various industries such as telecom, data centers, oil, gas, etc., is powering the market growth.
United States aquafeed market is being driven by the increasing demand for seafood, and favorable government initiatives across the United States. Additionally, the fish farming trend is anticipated to surge, thus pushing the aquafeed market in the country.
Global aquafeed market is booming as consumers become more aware of the quality of seafood products. Moreover, the aquaculture and aquafeed industry is predicted to expand with an increase in per capita income, especially in developing countries.
China aquafeed market is being driven by growing health awareness, and rising awareness towards seafood quality is some of the major factors driving the growth of the market in the country.
Saudi Arabia cosmetics market is experiencing a high CAGR due to the changing standards of beauty and consumer preferences regarding cosmetics, in addition to the availability of a wide range of cosmetic products.
Global circuit breaker market is anticipated to grow due to the increasing demand for power supply and transmission from across the globe. Additionally, increasing investment in the renewable energy sector also propels the growth of the circuit breaker market.
Saudi Arabia tire market is growing at a high CAGR because of the growing demand for automobiles in the country and the high purchasing power of customers, along with increasing demand for maintenance services for vehicles for safety purposes.
A recent study conducted by the strategic consulting and market research firm BlueWeave Consulting revealed that the global agricultural equipment market was worth USD 102.3 billion in the year 2020. According to the study, the market is estimated to grow at the CAGR of 7.9%, earning revenue of around USD 172.1 billion by the end of 2027.
UAE construction equipment rental market is growing at a high CAGR because of the increasing construction activities of residential and commercial spaces and infrastructural development in the country and the high cost of construction equipment.
