Australia alcoholic beverages market is projected to witness a CAGR of 4.6% during the forecast period 2023-2030. The market’s value was predicted to be USD 29.5 billion in 2022 and is anticipated to reach USD 42.27 billion by 2030. Australia has a large drinking culture integrated into many social and cultural activities. However, unhealthy consumption levels are … Read more
Australia Advanced Driving Assistance System (ADAS) Market size was valued at USD 1.08 billion in 2022 which is expected to reach USD 2.38 billion in 2030 with a CAGR of 10.38% for the forecast period between 2023 and 2030. The Advanced Driving Assistance System (ADAS) market in Australia has experienced significant growth and innovation in recent … Read more
Australia artificial intelligence market has witnessed significant growth and is projected to continue expanding. The market forecasts indicate that the market value will increase from its current estimation of USD 2.55 billion in 2022 to reach USD 9.81 billion by 2030, demonstrating a strong CAGR of 18.35%. AI has gained considerable traction in Australia, driven by … Read more
Australia had been witnessing significant developments in its distributed energy generation market. which is projected to reach USD 7.16 billion by 2030 from USD 4.08 billion in 2022. Distributed energy generation is primarily renewable energy since solar and wind energy can be harnessed wherever the required conditions meet, thereby contributing to the distribution of energy onto the existing … Read more
Australia had been witnessing significant developments in its Photovoltaics (PV) market and is projected to reach USD 8.53 billion by 2030 from USD 3.77 billion in 2022 growing at a CAGR of 10.75% for the forecast period between 2023 and 2030. A continuous rise in the adoption of floating solar panels, an increase in the number … Read more
Australia Ice Cream Market is projected to witness a CAGR of 2.95% for the forecast period between 2023 and 2030. The market was estimated at USD 2.48 billion in 2022 and is expected to reach USD 3.13 billion by 2030 driven by increasing demand for ice creams in all seasons, rising preference for artisanal and premium ice … Read more