AI algorithms can help engineers in generating and assessing multiple design possibilities according to specific criteria, such as efficiency, size, and cost to create more effective and inventive solutions. Furthermore, these algorithms can examine power electronics system data to forecast potential ...
Catalyst Market Size & Trends The global catalyst market size was valued at USD 31.09 billion in 2023 and is anticipated to rise at a compound annual growth rate (CAGR) of 4.6% from 2024 to 2030. There has been an increase in demand for catalysts from manufacturers worldwide for process op...
Machine Tools Market Size 2032 USD 128404.09 million Market Overview: The Machine Tools Market is projected to grow from USD 103595 million in 2024 to an estimated USD 128404.09 million by 2032, with a compound annual growth rate (CAGR) of 2.72% from 2024 to 2032. Market drivers for the mac...
Figures show that the packaging industry is facing new development opportunities but is also under a lot of pressure from the greening trend. Publish date: 2024-10-31 New recyclable, shock-proof, lightweight Amazon packaging arrives Amazon scientists and engineers worked with Mondi to develop a ne...
Advanced methods like 2.5D and 3D Cu-to-Cu hybrid bonding are essential for achieving higher performance and power efficiency for semiconductor packaging. IDTechEx November 15, 2024 Follow UsBatteries, Capacitors Global Li-ion Battery Shipments Will Exceed 3.5 TWh in 2029 Li-ion battery shipments wi...
Lai, Prateek
Latin America is also considered one of the key markets for ultrasonic welding because of the high demand from the packaging industry. APEJ will register rapid growth due to the presence of major OEMs and other companies in the region. In addition, the demand in the APEJ region is attributed...
The global extrusion machinery market size was valued at USD 8.33 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 4.3% over the forecast period
However, the rising cost for raw materials and early wear and tear leads to cut-throat competition amongst the upholstery manufacturers. Nevertheless, engineers are developing innovative and affordable materials that can both satisfy the aesthetic and the damages to the upholstery as a result of smoki...
Base Year For Estimation2024 Forecast Data Period2025 - 2030 Market Size (2025)USD 51.81 Billion Market Size (2030)USD 100.42 Billion CAGR (2025 - 2030)14.15 % Market ConcentrationMedium Major Players *Disclaimer: Major Players sorted in no particular order ...