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The global Military Aviation Sensors and Switches Market size is predicted to reach USD 268.61 million by 2030, expanding at a CAGR of 3.6% from 2023 to 2030.
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The global Military Aviation Sensors and Switches Market size is predicted to reach USD 268.61 million by 2030, expanding at a CAGR of 3.6% from 2023 to 2030.
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The global Collaborative Robot (cobot) market is poised for significant growth, according to a comprehensive study conducted by Next Move Strategy Consulting. The market, valued at USD 1.77 billion in 2023, is anticipated to reach USD 12.71 billion by 2030, with a CAGR of 32.6% from 2024 to 2030.
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The global Pet Care robot market size is predicted to reach 3.65 billion with a CAGR of 11.2% till 2030. Pet care Robot products are implemented with artificial intelligence and other technologies that allow them to look after pets and simplify their life. Also, these products help in monitoring day-to-day pet activities and can entertain the pets by clicking photos, creating videos, and playing calls.
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The forecast for the global Digital Twin Market indicates it will likely achieve a value of USD 195.85 billion by 2030, with a Compound Annual Growth Rate (CAGR) of 45.1%. A digital twin is essentially a virtual model that mirrors a physical object, system, or process found in the real world.
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The global Flexible Display Market is projected to reach USD 192.11 billion, growing at a compound annual growth rate (CAGR) of 32.54% by 2030. This growth is driven by increasing demand for flexible displays in a wide range of electronic devices such as smartphones, laptops, smart televisions, and smartwatches worldwide.
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The Wireless Power Transmission Market size is predicted to reach USD 33.35 billion with a CAGR of 21.0% till 2030. Wireless power transmission, also known as wireless power transfer (WPT), wireless energy transmission (WET), or electromagnetic power transfer refers to the transfer of electric energy without any physical link or wire.
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The worldwide Aluminum Market had a value of $202 billion in 2023 and is forecasted to hit $302 billion by 2030, showing a CAGR of 5% from 2024 to 2030. As car manufacturers aim to enhance fuel efficiency and lower vehicle weight, they are increasingly turning to aluminum as a lighter substitute for conventional materials. This trend is greatly stimulating market expansion.
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According to the latest study conducted by Next Move Strategy Consulting, the global Light-Cargo Robot Market is anticipated to witness substantial growth, reaching a size of USD 85.03 billion by 2030, with a remarkable Compound Annual Growth Rate (CAGR) of 24.7%.
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The global Glass Fiber Reinforced Concrete (GFRC) market is expected to reach 72.93 kilotons by 2030, with a CAGR of 4.4% from 2024 to 2030. Initially developed in Russia in the 1940s, GFRC gained widespread adoption for building facades in the 1970s. Since then, its application in construction projects has grown, driving market expansion.
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The global Packaging Robots Market is anticipated to witness substantial growth, reaching a projected value of $8.60 billion by 2030, with a Compound Annual Growth Rate (CAGR) of 8.9%. This promising trajectory is attributed to several key factors driving the market's expansion.
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