Discussions

The global Electric Vehicle (EV) ecosystem market size is expected to reach USD 832.14 Billion in 2028 and register a revenue CAGR of 17.7% over the forecast period, according to the latest report by Emergen Research. Increasing Greenhouse gas (GHG) emissions from large transportation vehicles, rising demand for low emission vehicles, and increasing number of leading vehicle manufacturers focusing on the shifting trend towards EV are some key factors driving market revenue growth.

The global digital water market size reached USD 7.96 Billion in 2020 and is expected to register a revenue CAGR of 12.1%, during the forecast period, according to the latest analysis by Emergen Research. Increasing demand for quality water services, as well as government regulation favoring development of digital water, are some of the major factors driving global digital water market revenue growth. Revenue growth of the market is also expected to be driven by rising demand for replacing aging infrastructure due to technical advancements and rising trend of digitization of the utility sector.

The global smart indoor garden market size is expected to reach USD 243.3 Million in 2030 and register a revenue CAGR of 8.2% over the forecast period, according to the latest report by Emergen Research. Various key factors such as increase in construction activities in developing countries such as India and China and growing novelty and rising popularity of indoor gardening and available systems are factors driving global smart indoor garden market revenue growth.

The global online reading platform market size is expected to reach USD 6.76 Billion in 2028 and register a revenue CAGR of 7.6% over the forecast period, according to the latest report by Emergen Research. Factors such as increasing use of portable reading devices such as smartphones and tablets, as well as growing consumer preference for reading books online or as an e-Book rather than in print are expected to drive global online reading platform market revenue growth during the forecast period.

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The global bioreactors market size is expected to reach USD 2,482.5 Million in 2030 and register a revenue CAGR of 6.5% over the forecast period, according to latest analysis by Emergen Research. Rise in technological improvements for advanced bioreactors, advancements in research & development activities for innovative biologic and microbial applications, and for single-use and hybrid bioreactors are factors projected to continue to support market revenue growth between 2022 and 2030. Biopharmaceuticals are used in a variety of applications, ranging from biopharmaceutical production to tissue engineering applications such as cell growth and 3D tissue construct generation. Bioreactors are thus used to provide a controllable environment for any cells or cellular constructs that are incorporated into them in terms of pH, temperature, shear stress, and nutrient supply. Bioreactors have been used in a variety of industries and fields of research to progress in vitro models of 2D cultures and suspensions to 3D structures that approximate the natural physiological state in situ. These have also proven to be effective treatments for autoimmune diseases, asthma, cancer, and organ rejection. Increasing use of bioreactors in the pharmaceutical sector is a major factor driving market growth.

The global educational robot market size is expected to reach USD 4.02 Billion in 2028 and register a robust revenue CAGR of 17.9% during the forecast period, according to latest analysis by Emergen Research. Steady market revenue growth can be attributed to increasing government incentives and regulations regarding usage of robots for education purposes across various sectors such as for designing, building, programing, and computing. Engagement of robots in professional education such as medical, engineering, space, and scientific research is boosting revenue growth of the global educational robot market. Rapid shift to digitalization in developed and developing countries is further driving factor revenue growth of the global educational robot market. Educational robots enhance the teaching methodology in a positive manner, and the trend is expected to gain traction going forward.

The global next generation integrated circuit market size is expected to reach USD 3,157.9 Million in 2030 and register a revenue CAGR of 15.3% over the forecast period, according to latest analysis by Emergen Research. Increasing demand for next generation integrated circuits in smartphones and other smart devices, and significant investments in advanced driver assistance systems by major market participants are driving market revenue growth.

The global cell expansion market is estimated to reach value of USD 39.74 Billion by 2027, according to a current analysis by Emergen Research. Increasing incidence of chronic and rare diseases such as cancer is driving revenue growth of cell expansion market. Increased investment by the governments of various countries in research and a growing number of GMP-certified production facilities is expected to contribute to growth of the market.