Techno Research

Aesthetic Medicine Market Growth & Trends The global  aesthetic medicine market  size is expected to reach USD 143.3 billion by 2030, growing at a CAGR of 8.3% over the forecast period, according to a new report by Grand View Research, Inc. According to the International Association for Physicians in Aesthetic Medicine (IAPAM), aesthetic medicine is a branch of medicine focused on satisfying the aesthetic desires and goals of patients. The major aim of aesthetic medicine is to improve the physical appearance of the patient. Some key drivers of the market include the introduction of innovative aesthetic devices, such as non-invasive aesthetic devices, a growing focus on physical appearance, and a rise in adoption among geriatric individuals. Aesthetic medicine mainly includes invasive and non-invasive procedures. Invasive procedures include breast augmentation, liposuction, and nose reshaping while non-invasive procedures include popular technology, such as Botox ...

  Cannabidiol Market Growth & Trends The global  cannabidiol market  size is expected to reach USD 22.05 billion by 2030, according to a new study by Grand View Research, Inc. The market is expected to expand at a CAGR of 15.8% from 2024 to 2030. Changing consumer attitudes towards CBD products, shifting public opinion, and growing recognition of the health benefits of cannabidiol are some of the main factors contributing to the market's growth. The cannabis Sativa plant contains more than 80 cannabinoids, but cannabidiol is the most widely used for medical purposes because of its lack of psychoactive effects. It is primarily obtained from hemp due to its high CBD content. There is a high demand for various CBD-infused products, such as beauty products, cannabis oil, beverages, gummies, capsules, etc. CBD can enter the human body through different means, including vaping, smoking, and through the skin. In the U.S., where cannabis is legal, CBD is utilized to produce p...

  Bicycle Market Growth & Trends The global  bicycle market  size is estimated to reach USD 135.02 billion by 2030, expanding at a CAGR of 9.9% from 2025 to 2030, according to a new report by Grand View Research, Inc. Increasing adoption of cycling as a form of leisure and awareness regarding the health benefits associated with cycling are the factors expected to bolster the market growth. Bicycles are being preferred for short-distance commutes as they save considerable time as compared to other vehicles. Moreover, limited parking spaces and growing traffic congestions are prompting people to reconsider bicycles as a primary option for the commute. Rising emphasis on the use of non-polluting vehicles for short-distance commutes by governments across the world is anticipated to positively influence market growth. The fact that bicycles do not emit any pollutants is projected to drive their demand in the near future. Moreover, consumers are rapidly moving toward online...

  Battery Market Growth & Trends The global  battery marke t size is anticipated to reach USD 329.84 billion b y 2030 and is projected to grow at a CAGR of 16.4% from 2025 to 2030, according to a new report by Grand View Research, Inc. This robust growth is driven primarily by the increasing adoption of electric vehicles (EVs) and the expanding demand for renewable energy storage solutions. As governments worldwide push for greener technologies and lower carbon emissions, the demand for batteries-especially lithium-ion batteries-has surged, given their efficiency, longevity, and versatility across multiple applications. A significant trend shaping the global market is the shift towards sustainable energy solutions. The growing emphasis on renewable energy sources, such as solar and wind, necessitates reliable energy storage systems to manage the intermittent nature of these power sources. Batteries play a critical role in stabilizing the grid and ensuring consist...

  Complementary And Alternative Medicine Market Growth & Trends The global  complementary and alternative medicine market  size is expected to reach USD 694.22 billion by 2030, registering a CAGR of 25.3% from 2024 to 2030, according to a new report by Grand View Research, Inc. The rising prevalence of neurological illnesses and cancer is one of the major factors driving the growth of the global complementary & alternative medicine industry. Furthermore, the expanding government initiatives and activities are contributing to the growth and development of the global complementary & alternative medicine industry. Globally, governments are establishing advantageous rules and legislation for the manufacturing and marketing processes, which is driving the expansion of the global industry. Complementary & alternative medicine (CAM) differs from traditional or standard medical interventions. It employs herbs, homeopathic remedies, acupuncture, mass...

  Industrial Refrigeration Systems Market Growth & Trends The global  Industrial Refrigeration Systems market  size is expected to reach USD 28.11 billion by 2030, registering a CAGR of 4.8% from 2025 to 2030, according to a new report by Grand View Research, Inc. The demand for industrial refrigeration is increasing due to the fast-moving consumer goods and retail food which needs efficient storage for perishable edible items. Governments are taking initiatives to support and strengthen the cold chain infrastructure and shifting towards eco-friendly refrigeration systems. Global warming and climate change have alarmed nations to take the necessary step to curb the crisis. As a result, industrial refrigeration system manufacturing companies have expressed concerns regarding the potential of global warming and ozone depletion of their refrigerants. As a result, companies are focusing on technologies to offer improved cost-effectiveness, lesser toxic refrigerants, ...

  Distributed Energy Generation Market Growth & Trends The global  distributed energy generation market  size is expected to reach USD 580.8 billion by 2027 registering a CAGR of 11.5%, according to a new report by Grand View Research, Inc. The increasing need for energy and the high costs of grid expansion are the major factors driving the market growth. Low prices of Distributed Energy Generation (DEG) as compared to the conventional power generation methods are expected to provide a boost to the market. Moreover, inventions in DEG techniques, including floating solar PV, is expected to drive the market. Declining costs of solar PVs is playing a contributory role in the expansion of the market. Feed-in tariffs in regions, such as North America, Europe, and the Asia Pacific, are poised to stir up the growth of the market. Favorable government policies and other government regulations including net metering are expected to increase the number of DEG installations at r...

  Artificial Intelligence Chipset Market Growth & Trends The global  artificial intelligence chipset market  size is expected to reach USD 323.14 billion by 2030, registering a CAGR of 28.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. The artificial intelligence (AI) chipset market is anticipated to expand at a CAGR of 33.6% from 2019 to 2025. An artificial intelligence chipset is built on the concept of adding a dedicated component in an electronic device, to execute machine learning tasks. In addition, an increased amount of data has led to the need for high-speed processors and faster computing, which is addressed by incorporating artificial intelligence into the set of electronic components. For instance, Apple has implemented a neural engine in its A11 Bionic chip’s GPU to speed-up the third-party applications. With the growing implementation of AI in smartphones and other smart devices, the growth in the market has been boosted...

  LED Light Face Mask Market Growth & Trends The global  LED light face mask market  size is expected to reach USD 655.6 million by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 11.9% from 2022 to 2030. Rising consumer awareness regarding the benefits of LED light therapy will drive market demand during the forecast period. LED light face mask is a risk-free, affordable, and effective alternative to laser light therapy and is used for curing a wide range of skin problems such as acne, wrinkles, discoloration, hyperpigmentation, and sun damage. The red and blue LED type segment is anticipated to register the fastest growth rate during the forecast period. The red and blue LED light therapy is being widely recommended by dermatologists owing to its efficacy in treating acne, wrinkles, and other signs of aging. The combination of red and blue LED light therapy is a safe, effective, and non-invasive treatment for treating mild to mod...

  Wax Market Growth & Trends The global  wax market  size is expected to reach USD 14,165.8 million by 2030, registering a CAGR of 4.6% according to a new report by Grand View Research, Inc. The growth is majorly driven by growing inclusion of wax as a performance additive in the plastics industry on account of its rising utilization as water and solvent-based mold release agent. Wax has become one of the critically utilized materials globally with widespread application across multiple industries. It is used in the automotive industry for vehicle polishing, hair removal, packaging applications, and as an additive in the food industry. In addition, it is used in paints and coating industry and printing ink application. Rising demand in various applications, including candles, rubber and plastic processing, cosmetic and toiletries, fire logs, building boards, is likely to propel overall growth in the coming years. High consumption of wax o...

  North America Bus Market Growth & Trends The  North America bus market  size is expected to reach USD 13.16 billion by 2030, and registering a CAGR of 10.8% from 2024 to 2030, according to a study conducted by Grand View Research, Inc. The North America bus market growth is attributed to the active electrification of school buses in the U.S. owing to government and private entities announcing initiatives for buying school buses or leasing them to district schools. Additionally, the growing traction of buses in the U.S. is attributed to the revamping of highway infrastructure throughout the country, the electrification of public transit bus fleet by the different state governments, growing investment towards bus charging infrastructure., the development of electric bus fleet by private transit service operators and aggressive investment by the school and federal government to electrify school buses fleet with the country. Governments in the region have impl...

  AI In Healthcare Market Growth & Trends The global  AI in healthcare market  size is expected to reach USD 187.7 billion by 2030, registering a CAGR of 38.5% from 2024 to 2030, according to a new report by Grand View Research, Inc. AI acts as a transformative force in healthcare systems, shifting them from reactive to proactive, predictive, and preventive models. Clinical decision support systems, fueled by artificial intelligence (AI), empower physicians and healthcare professionals with predictive and real-time analytics, enhancing decision-making and elevating care quality, ultimately resulting in improved patient outcomes. Furthermore, AI facilitates a comprehensive understanding of disease biology and patient pathology, advancing precision medicine and precision public health initiatives. Furthermore, the growing field of life sciences R&D opens numerous opportunities for market growth, with AI's ability to process vast volumes of multidimensional...

  Fruits & Vegetables Market Growth & Trends The global  fruits & vegetables market  size is anticipated to reach at USD 1,018.12 billion by 2030 and is projected to grow at a CAGR of 5.0% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market is primarily fueled by heightened health consciousness, enhanced nutritional awareness, and significant lifestyle changes among consumers globally. An expanding body of research underscoring the health advantages of fruits and vegetables, such as their role in mitigating the risk of chronic diseases and bolstering immune health, has significantly influenced dietary choices. This shift is further propelled by global health crises, which have spotlighted the importance of immune system support through diet. Moreover, governmental and non-governmental initiatives have played a crucial role in educating the public about the nutritional benefits of these foods and improving their accessibili...

  Bagel Market Growth & Trends The global  bagel market  size is estimated to reach USD 7.35 billion by 2030, growing at a CAGR of 4.8% from 2025 to 2030, according to a new report by Grand View Research, Inc. Bagel has gained popularity due to the shift in consumer preferences toward convenient and quick-to-prepare foods. As lifestyles become increasingly fast-paced, particularly in urban areas, there is a growing demand for food products that can be easily incorporated into busy routines. Bagels, being versatile and easy to prepare, fit perfectly into this trend. They can be consumed as a quick breakfast, a lunch option, or even as a snack, offering flexibility that appeals to a wide range of consumers. Furthermore, as consumers become more aware of the nutritional content of their food, there has been a growing demand for healthier bagel options. This trend has led to the development of bagels made from whole grains, multigrain, and high-fiber ingredients, cate...