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The portable medical devices market is expected to grow from USD 56.470 billion in 2025 to USD 87.086 billion in 2030, at a CAGR of 9.05%. The portable medical devices market is expected to develop as a result of factors like an increase in chronic diseases brought on by changing lifestyles, a desire for home healthcare, and an increase in the number of elderly people. In addition, one of the main drivers of market expan
The pressure sensor market is projected to grow at a CAGR of 8.12% from US$15.18 billion in 2025 to US$22.43 billion in 2030. Pressure sensors are devices having pressure-sensitive components that are used to translate physical quantities including length, force, temperature, and pressure into electrical or optical signals. Such devices find common usage in process applications such as hydraulics and pneumatics to measure relative system pressure. Owing to its large c
The smart lighting market is expected to grow from USD 18.568 billion in 2025 to USD 43.387 billion in 2030, at a CAGR of 18.50%. The smart lighting market is poised to experience significant growth in the coming years, driven by various factors. The increasing penetration of IoT technology, advancements in LED technology, and the growing trend of smart homes are amo
The smart motors market is expected to grow from USD 2.916 billion in 2025 to USD 3.656 billion in 2030, at a CAGR of 4.63%. Smart motors allow predictive machine diagnostic units, which help in reducing downtime through process optimization. These motors also help in providing energy efficiency, reliability, maintenance, and capabilities, compared to traditional electric motors, which makes them an id
The solid state relay market is projected to grow at a CAGR of 5.23% from US$1,447 million in 2025 to US$1,867 million in 2030. A solid-state relay is a completely electronic switching device that operates when an external voltage is passed across its control terminals and has no moving parts as switching states are provided by semiconductors like thyristors, triacs, diodes, and transistors. The solid-state relay market is expected to grow owing to the rising adoption
Cloud Storage Market Size: The Cloud Storage Market is expected to grow from USD 148.236 billion in 2025 to USD 341.534 billion in 2030, at a CAGR of 18.17%. Cloud Storage Market Key Highlights The accelerated global digital transformation across ind
The cloud security market is expected to grow from USD 42.354 billion in 2025 to USD 82.267 billion in 2030, at a CAGR of 14.20%. Cloud security is a form of cyber security that focuses on keeping cloud computing systems safe. This involves ensuring the privacy and security of data across internet systems, apps, and platforms. Cloud security refers to the technologies, protocols, and best
The global aerogel market is expected to grow at a CAGR of 20.39%, reaching a market size of US$5,185.830 million in 2030 from US$2,051.273 million in 2025. Aerogels are nanoporous materials with specific properties. With these properties, aerogels find application in various growing sectors such as oil & gas, construction, automotive, and others. They are utiliz
The anti-foaming agent market is projected to grow at a CAGR of 3.40% from US$5.60 billion in 2025 to US$6.62 billion in 2030. The antifoaming agent market is driven by expanding application industries and strategic mergers, acquisitions, and product development. The growing demand from oil and gas, food and beverage, and pharmaceutical sectors will further accelerate the boost the demand for these chemicals during the forecast period.
The HVAC Insulation Market is expected to grow from US$6.650 billion in 2025 to US$8.355 billion in 2030, at a CAGR of 4.67%. Introduction HVAC insulation includes heating, ventilation, and air conditioning systems. The purpose of HVAC insulation is to increase a building's safety measures, sound insulation, and power efficiency. The insulation in the HVAC s
The hot melt adhesives market is expected to grow at a CAGR of 6.31%, reaching a market size of US$13.114 billion in 2030 from US$9.657 billion in 2025. Industrial grade adhesives that are thermally melted and then allowed to cool to obtain their adhesive characteristics are known as hot melt adhesives (HMA). They are typically composed of one or more polymers and several additives, such as resins and pigments,
The conductive silicone market is projected to grow at a CAGR of 7.34% from US$6.17 billion in 2025 to US$8.79 billion in 2030. The conductive silicone market driven by demand in telecom, medical, automotive, aerospace, and electronics sectors. Conductive silicone products, such as sealants and adhesives, are effective electrical conductors used for EMI/RF shielding and static charge prevention. Key players like Exonic Polymers offer conductive silicone adhesives