Day: August 18, 2023

SkyQuest projects that the lubricant additives market will attain a value of USD 31.29 billion by 2030, with a CAGR of 3.7% over the forecast period (2023-2030). The global lubricant additives market is experiencing significant growth, primarily driven by the increasing demand for lubricant additives in the automotive industry. This demand is fueled by the rising sales of passenger automobiles and commercial vehicles worldwide. Lubricant additives play a crucial role in improving the performance and durability of various automotive lubricants. Westford, USA, Aug. 18, 2023 (GLOBE NEWSWIRE) — According to SkyQuest, the lubricant additives market is witnessing a growing trend of increased usage of additives in base oil blending. This trend is driven by the desire for longer service life and improved performance of lubricants. Additives...

The global Potato Processing market size is expected to reach USD 46.99 billion by 2030 and exhibit a CAGR of 5.42% in the forecast period (2023−2030), according to Skyquest’s latest research report. The increasing demand for processed potato products, growth in the fast food industry, the growing popularity of frozen and dehydrated potato products, rising awareness of the nutritional value of potato-based products, and increasing demand for potato flakes and starch in various industries are fueling the market’s growth. Westford, USA, Aug. 18, 2023 (GLOBE NEWSWIRE) — According to SkyQuest’s latest global research of the Potato Processing market, rising demand for healthier and organic potato products, the growing popularity of value-added potato snacks, increasing focus on sustainable and eco-friendly processing...

SkyQuest projects that the action camera market will attain a value of USD 8608.37 million by 2030, with a CAGR of 11.3% over the forecast period (2023-2030). The action camera market is witnessing rapid growth, primarily fueled by the rising popularity of extreme sports events, holidays, and music festivals. These occasions offer thrilling experiences that individuals want to capture and share with others. The appeal of action cameras lies in their fixed point-and-shoot model, which makes them more accessible and user-friendly compared to DSLRs (digital single-lens reflex cameras). Westford, USA, Aug. 18, 2023 (GLOBE NEWSWIRE) — According to SkyQuest, the surging sales and demand for action camera market can be attributed to the ever-growing trend of content sharing on social networking platforms. Individuals are keen on capturing...

SkyQuest projects that the flow meter market will attain a value of USD 14.05 billion by 2030, with a CAGR of 6.2% over the forecast period (2023-2030). Adopting measurement technologies and instruments is more comprehensive than in the oil and gas sector. Other industries, such as water and wastewater management, power generation, and pulp and paper, are also expected to contribute to the flow meter market’s growth. These industries require precise flow rate measurement for efficient resource management, environmental compliance, and operational performance. Westford,USA, Aug. 18, 2023 (GLOBE NEWSWIRE) — According to SkyQuest, the emergence of various technologies, such as the Industrial Internet of Things (IIoT), asset management, and advanced diagnostics, has led to new collaborations and opportunities for users and suppliers...

The global Architectural Service market size is expected to reach USD 547.1 billion by 2030 and exhibit a CAGR of 4.8% in the forecast period (2023−2030), according to Skyquest’s latest research report. The increasing demand for sustainable and energy-efficient buildings, urbanization and rapid infrastructure development, growing focus on smart cities and intelligent building designs, technological advancements in architecture and design, and expansion of the real estate and construction industry are fueling the market’s growth. Westford,USA, Aug. 18, 2023 (GLOBE NEWSWIRE) — According to SkyQuest’s latest global research of the Architectural Service market, digitization and adoption of Building Information Modeling (BIM), integration of sustainable design principles, rise of mixed-use developments, demand for...