Year: 2023

The global exoskeleton market is on the cusp of a remarkable growth trajectory, with an industry value of approximately US$500 million in 2021, and expectations of robust double-digit growth over the projection period. This burgeoning market is being shaped by the integration of cutting-edge technologies, particularly robotics, into exoskeleton systems. Rapid Growth Fueled by Rehabilitation […]

The global market for Artificial Intelligence (AI) in retail is on the cusp of spectacular growth, poised to reach approximately US$2.5 billion in the coming years. As AI technology continues to permeate the retail sector, its versatility and applicability are expected to drive significant advancements. Revolutionizing Retail Operations AI adoption in retail is enabling businesses […]

The global gas sensors market reached a significant milestone by surpassing the $2 billion mark in the year 2021, as reported by Fairfield, a leading market research firm. The market is poised for robust growth in the coming years, driven by the critical need for ensuring the safety of human assets and the environment. Growing […]

The global home cleaning products market achieved a remarkable milestone in 2021 by surpassing a valuation of US$230 billion. As the world grapples with evolving hygiene norms and environmental consciousness, this market is set to experience continued growth in the coming years. Rising Demand for Natural Cleaners Drives Market Transformation Traditionally, chemical-based cleaning products have […]

The global chromatography software market, which registered approximately US$800 million in 2020, is set to embark on a steady growth trajectory in the coming years. Primary research findings indicate that the markets progress will be prominently driven by the expanding application base across the pharmaceutical industry. Automated Chromatography Systems on the Rise Chromatography, a vital […]

The global manganese market, which achieved a valuation of approximately US$25 billion in 2020, is poised for steady growth in the coming years. Several key factors are contributing to the positive trajectory of this market, making it an attractive investment opportunity. Increasing Use in Steel Production Drives Manganese Market Growth Manganeses indispensable role in steel […]

The global saffron market is experiencing remarkable growth, driven by both cosmetic and medical advantages. In 2020, the market represented an approximate industry value of US$400 million, with promising long-term growth prospects. Perceived Health Benefits Boosting Saffron Market The rising awareness of health benefits associated with nutritious food products has led to a surge in […]

The global antibiotics market, valued at approximately US$40 billion in 2021, is set for a promising outlook in the coming years, driven by various factors, including the rising prevalence of bacterial infections and efforts to combat antimicrobial resistance (AMR). Rising Bacterial Infections Fuel Demand The increasing incidence of bacterial infections, encompassing respiratory infections, urinary tract […]

A recent study conducted by Fairfield Market Research reveals promising prospects for the global herbal medicine market, which is currently valued at approximately US$ 150 billion. The market is expected to experience robust double-digit growth over the coming years, driven by several key factors. Rising Use of Natural Medications to Influence Market Growth The rising […]

The global biofuel additives market is on an upward trajectory, registering a remarkable revenue of nearly US$15 billion in 2021. A recent study by Fairfield Market Research predicts that this growth will continue steadily over the next few years. The surge in demand for biofuels and the need for biofuel additives can be attributed to […]