Air Source Heat Pump Market is projected to grow at a CAGR of 12% during the forecast period of 2023 and 2031, owing to the continuous trend toward low-carbon heating and cooling technologies. Climate change is becoming a driving force for energy efficiency, culminating in strict laws to minimize carbon emissions. According to the DOE, minimum energy efficiency criteria for heat pumps in the United States will increase by 1.0 SEER to 15.0 SEER in 2023.
The global market for AI training datasets is projected to expand at a CAGR of 22.5% during the forecast period 2023 and 2031. AI is gaining prominence in numerous industrial applications, including manufacturing, IT, BFSI, retail and e-commerce, and healthcare. In addition to creating opportunities for new entrants, the rising demand for application-specific training data is generating new business opportunities.
The global Advanced Persistent Threat Protection Market is expected to grow at a CAGR of 20% throughout the forecast period of 2024 to 2032. Increasing security breaches and advanced cyberattacks such as zero-day exploits, persistent threats, malware, and ransomware; stringent government regulations toward the adoption of APT protection policies; and the proliferation of cloud-based APT protection solutions and services are the major factors driving the market.
The market for urinary catheters was worth US$ 1.5 billion globally in 2018, and it is anticipated to grow at a CAGR of 4% from 2020 to 2032.Favorable reimbursement policies and growing demand for innovative urinary catheters are two key drivers of rising demand for urinary catheters, which in turn is boosting the market for urinary catheters.
The size of the global market for pharmacy automation devices, estimated at 5.1 billion dollars in 2021, is expected to increase at a compound annual growth rate (CAGR) of 9.8% during the course of the forecast period. With the use of analytics and software, pharmacy automation devices are revolutionising the retail pharmacy industry worldwide.
In 2023, the global market for liquid ring vacuum pumps was at a CAGR of 5.6% during the period covered by the forecast. Over the course of the forthcoming time period, the growth of the market is driven by important factors such as the expanding use of the product in the chemical industry, the growing demand for the market from a variety of industries, and the relatively low costs of maintenance and operation.
In 2018, the global market for dysphagia diet thickening agents was valued at US$ 415 million, and analysts anticipate that this market will expand at a CAGR of 5% from 2019 to 2029. It is believed that between 10 and 20 percent of the world's elderly population struggles to swallow, which indicates that the prevalence of dysphagia is relatively significant among the elderly population.
The global automated guided vehicle market is estimated to develop at a CAGR of 10.2% from 2020 to 2032. AGV systems move and carry products in factories, warehouses, and distribution centres without a permanent conveying system or manual interaction. It optimises storage, selection, and transfer in premium space by following programmable guide lines.
The size of the global Banana Flakes market was estimated to be $682 million in 2020, and it is anticipated to grow at a compound annual growth rate (CAGR) of 4.5% during the period of forecast from 2020 to 2032.Over the next ten years, demand for banana flakes is anticipated to be driven by rising demand for organic products, gluten-free products, and nutritional products.
The global urometer market is anticipated to expand at a CAGR of 7.5% during the forecast period of 2023 and 2031. The rising prevalence of urological illnesses, including urinary retention, cystitis, benign prostatic hyperplasia, urine incontinence, and kidney stones, which result in bladder dysfunction, is predicted to be one of the primary reasons driving market expansion.
