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The global energy storage systems market recorded a demand of 176,897.6 MW in 2017. It is projected to register a CAGR of 2.3% during the forecast period. Increasing consumer awareness regarding energy efficiency in residential and commercial buildings is expected to be a prominent factor driving new installations in near future. Increasing requirement of continuous power supply and efficient grid and load management is anticipated to further fuel the growth. Read More »
The global fiber optic preform market size was valued at USD 2.5 Billion in 2018 and is anticipated to register a CAGR of 19.6% from 2019 to 2025. The growth can be attributed to the Growing popularity of high-bandwidth internet connections, opportunities in healthcare industry, and investments in telecommunication infrastructure, among other factors. These preforms are used to make optical fibers, which can potentially transmit data at high speed. Optical fibers are flexible transparent fiber cables made up of high-quality glass, plastic, and silica that operate on the principle of total internal reflection of light. Read More »
The global fiber optic preform market size is expected to reach USD 8.66 billion in 2025, registering a CAGR of 19.6% from 2019 to 2025, according to a new report by Grand View Res... Read More »
The global paprika market size is expected to reach USD 619.5 million by 2025 expanding at an estimated CAGR of 5.3% over the forecast period, according to a new report by Grand View Research,... Read More »