The market for data center chips is anticipated to expand at a CAGR of 4.3% from 2024 to 2032. This growth will be propelled by the proliferation of IoT devices, rising demand for cloud computing services, and developments in AI and ML technologies. Although GPUs generated the most revenue in 2023, FPGAs are anticipated to experience the most rapid growth. Likewise, although revenue was primarily generated by large-scale data centers in 2023, the sector anticipated the most rapid expansion among small and medium-sized data centers.
Increasing demand for temperature measurement solutions in numerous industries, including metal refining, glass, and ceramics, is anticipated to propel the pyrometer market to a CAGR of 7.5% during the forecast period of 2024 and 2032. pyrometers play a critical role in industrial processes by facilitating precise temperature monitoring and regulation, which ultimately improves both operational effectiveness and product excellence. Various metal processing industry manufacturing processes, including forging, employ pyrometers.
The computational photography market is anticipated to expand at a CAGR of 22.5% during the forecast period of 2024 to 2032, propelled by several significant factors. To begin with, progressions in image processing algorithms and the computational capacities of digital cameras have brought about a paradigm shift in the field of photography, facilitating the acquisition of superior-quality images that possess improved attributes.
The outdoor power equipment market is anticipated to expand at a compound annual growth rate (CAGR) of 6.3% during the forecast period of 2024 to 2032. Technological advancements, rising demand for landscaping services, and an increasing emphasis on sustainability will all contribute to this expansion. Although gasoline-powered equipment generated the most revenue in 2023, the highest growth rate is anticipated for battery-powered equipment.
A combination of escalating electronic warfare threats, GPS/GNSS vulnerabilities, and the incorporation of AI and machine learning technologies to counter dynamic jamming environments and emerging security challenges is anticipated to propel the anti-jamming market to an 8.2% CAGR between 2024 and 2032. Nevertheless, market expansion and the dissemination of technologies are substantially impeded by export controls and regulatory constraints; as a result, industry participants must adeptly navigate intricate compliance obligations and international trade regulations.
The market for vanillic acid is anticipated to expand at a CAGR of 2.5% during the forecast period of 2024 to 2032, propelled by rising demand in pharmaceutical intermediates, flavors, fragrances, and other applications. Notwithstanding obstacles such as the availability of raw materials and regulatory restrictions, the market offers substantial prospects for industry participants to engage in innovation, cooperation, and the exploitation of nascent trends.
The gamma-butyrolactone (GBL) market is anticipated to expand at a compound annual growth rate (CAGR) of 3.5% during the forecast period of 2024 and 2032, fueled by rising demand in the agrochemical, electrical, food, pharmaceutical, and petroleum industries, among others. During the year 2023, the market experienced substantial revenue growth propelled by a wide range of technological advancements and applications.
The market for portable swimming pools is expanding significantly due to several factors, including rising urbanization, greater demand from consumers for affordable and convenient recreational activities, and technological advancements in portable pools. An increasing number of consumers adopting new lifestyles, technological developments, and market expansion strategies are anticipated to propel the portable swimming pool market to a CAGR of 6.8% during the forecast period of 2024 and 2032.
Several significant factors are propelling the fill-finish manufacturing market's substantial expansion: rising demand for biopharmaceuticals; developments in fill-finish technologies; and the expansion of contract manufacturing services. In 2024-2032, the market for fill-finish manufacturing is anticipated to expand at a compound annual growth rate (CAGR) of 11.1%. This growth will be propelled by technological advancements, rising demand for biopharmaceuticals, and the expansion of contract manufacturing services.
The market for sirolimus is anticipated to expand at a compound annual growth rate (CAGR) of 4.2% during the forecast period of 2024 to 2032. This growth will be propelled by factors including the rising prevalence of chronic diseases, developments in drug delivery systems, and the proliferation of sirolimus applications in diverse therapeutic areas. In contrast to cancer, which surpassed neurological conditions as the dominant therapeutic area in 2023, the former is anticipated to experience the most rapid growth rate over the forecast period.
