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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 Flat Glass Market size is predicted to reach USD 197.59 billion with a CAGR of 6.2% by 2030. Flat glass, also known as plate or sheet glass is manufactured by pouring the molten glass from a furnace into a chamber that contains a bed of molten tin.
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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 Commercial Cooking Equipment Market is expected to reach USD 19.41 billion by 2030, growing at a compound annual growth rate (CAGR) of 7.1%. The growth of the market is primarily driven by the thriving food industry, which is experiencing an increase in the number of food establishments, including restaurants, hotels, and catering businesses.
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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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The global Personal Finance Software Market size is predicted to reach USD 2.56 billion with a CAGR of 9.6% till 2030. Upsurge in demand from small-businesses, along with soaring demand for safe, secure, and efficient finance tracking solutions at individual level, are the factors driving the growth of personal finance software market.
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