June 2023 ~ Prescient & Strategic Intelligence

North America is Dominating Respiratory Care Device Industry

June 30, 2023Healthcare, Life Sciences, Monitoring, Respiratory Care Device Industry, Therapeutic No comments

In 2021, the respiratory care device market was worth around USD 19,257.2 million, and it is predicted to advance at a 7.9% CAGR from 2021 to 2030, hitting USD 38,085.6 million in 2030. The major reasons behind the growth of this market are the surging incidence of preterm births...

Bon Voyage with Small and Fuel-efficient Marine Engines

June 27, 2023Inboard engines, Marine engine manufacturers, Marine propulsion, Outboard engines, Portable marine engines, Recreational boating, Small marine engines No comments

Whether you're a boating fanatic or an experienced sailor, small marine engines play a vital role in running watercraft of numerous sizes. From fun fishing ventures to adventures in water sports, such small-sized powerhouses offer the required propulsion to steer the open waters. Small...

Optical Sorter Market Will Touch USD 5,325.9 Million by 2030

June 22, 2023Optical Sorter Market, Optical Sorter Market Demand, Optical Sorter Market Growth, Optical Sorter Market Share, Optical Sorter Market Size, Optical Sorter Market trends No comments

The optical sorter market generated a value of USD 2,542.1 million in 2022, and it will touch USD 5,325.9 million, advancing at a 9.7% compound annual growth rate, by 2030.The growth of the optical sorter industry is ascribed to factors such as, the strict government regulations...

Monolithic Microwave IC Market to Observe Fastest Growth in APAC

June 22, 2023Monolithic Microwave IC Market, Monolithic Microwave IC Market Demand, Monolithic Microwave IC Market Growth, Monolithic Microwave IC Market Share, Monolithic Microwave IC Market Size No comments

The total value of the global monolithic microwave IC market was USD 9,541.3 million in 2022, and it will rise at a growth rate of above 11.4% shortly, reaching USD 22,649.1 million by 2030. This growth can be credited to the distribution of the 5G technology and the successive...

Lithium–Iron Phosphate Batteries Market To Reach USD 35,195 Million by 2030

June 19, 2023Lithium Iron Phosphate Batteries Market, Lithium Iron Phosphate Batteries Market Future, Lithium Iron Phosphate Batteries Market Share, Lithium Iron Phosphate Batteries Market Size No comments

The size of lithium–iron phosphate batteries market was USD 12,870 million in 2022, which will reach USD 35,195 million by 2030, powering at a rate of 13.40% by the end of this decade, stated by P&S Intelligence. The main reasons for the growth of the industry are growing...

Specialty Lighting Market Will Reach USD 8,746.1 Million by 2030

June 15, 2023Architectural lighting, Automotive lighting, Decorative lighting, Display lighting, LED lighting, Lighting industry, Outdoor lighting, Specialty light bulbs, Specialty lighting No comments

The specialty lighting market value will reach USD 8,746.1 million by 2030 from USD 5,590.2 million in 2022, at a 5.8% CAGR. This development can be attributed to the growing need for advanced lighting solutions throughout the medical, entertainment, and other industries, for...

Biomass Gasification Market Will Reach USD 187.3 Billion By 2030

June 15, 2023Biomass Gasification Market, Biomass Gasification Market Demand, Biomass Gasification Market Growth, Biomass Gasification Market Share, Biomass Gasification Market Size, Biomass Gasification Market Trends No comments

The biomass gasification market was valued at USD 107.7 billion in 2022, and this number is projected to reach USD 187.3 billion by 2030, advancing at a CAGR of 7.16% during 2022–2030, according to P&S Intelligence.This development can be credited to the growing environmental...

Fuel Cell Generator Market To Reach USD 1,199 Million by 2030

June 14, 2023Fuel Cell Generator Market, Fuel Cell Generator Market Demand, Fuel Cell Generator Market Future, Fuel Cell Generator Market Growth, Fuel Cell Generator Market Share, Fuel Cell Generator Market Size No comments

The total value of the fuel cell generator market was USD 330 million in 2022, and it will power at a CAGR of 17.50% in the years to come, to touch USD 1,199 million by 2030.Hydrogen fuel cell generator dominated the industry with a share of approximately 55%, as they don’t ...

Wave Energy Converter Market To Reach USD 30.44 Million by 2030

June 13, 2023Wave Energy Converter Market, Wave Energy Converter Market Demand, Wave Energy Converter Market Growth, Wave Energy Converter Market Share, Wave Energy Converter Market Size No comments

The total revenue generated by the wave energy converter market was USD 21.08 million in 2022, and it will grow at a compound annual growth rate of 4.70% in the years to come, to touch USD 30.44 million by 2030.The oscillating water column category will grow the fastest...

Smart Shipping Container Market To Reach USD 15,341.5 Million by 2030

June 12, 2023Cargo security, Container telematics, Container tracking, IoT in shipping, Real-time monitoring, Remote sensing, Smart sensors, Smart shipping container, Supply chain management No comments

The smart shipping container market will grow at a compound annual growth rate of 18.4% in the years to come, to touch a value of USD 15,341.5 million by 2030. Hardware category was the leader of the industry, with about 50%, and it will grow at the highest rate in...

North America to Led Silicon Photonics Market

June 12, 2023Silicon Photonics Market, Silicon Photonics Market Demand, Silicon Photonics Market Growth, Silicon Photonics Market Share, Silicon Photonics Market Size, Silicon Photonics Market Trends No comments

The silicon photonics market generated a value of USD 1,212.5 million in 2022, and it will advance at a 27.5% compound annual growth rate, to touch USD 8,475.1 million, by 2030. The growth of the silicon photonics industry is primarily attributed to the...

How is Expanding Patient Pool Fueling Embolotherapy Industry Growth?

June 12, 2023Clinics, Embolic Agents, Embolotherapy Industry, Hospitals No comments

The global embolotherapy industry is experiencing growth and is projected to reach 6,447.1 million by 2030, according to P&S Intelligence. This growth can be ascribed to the rising patient pool, mounting occurrence of chronic and lifestyle-related illnesses, growing healthcare...

Blue Hydrogen Market Will Reach USD 42,783 Million By 2030

June 12, 2023Blue Hydrogen Market, Blue Hydrogen Market Demand, Blue Hydrogen Market Growth, Blue Hydrogen Market Share, Blue Hydrogen Market Size, Blue Hydrogen Market Trends No comments

In 2022, the blue hydrogen market was worth around USD 17,654 million, and it is projected to advance at an 11.70% CAGR from 2022 to 2030, hitting USD 42,783 million in 2030, according to P&S Intelligence.Blue hydrogen is commonly encouraged as a low-CO2 fuel for producing...

Automated Material Handling Equipment Market To Reach USD 56,731 million by 2030

June 11, 2023AMH Equipment Market, AMH Equipment Market Growth, Automated Material Handling Equipment Market, Automated Material Handling Equipment Market Share, Automated Material Handling Equipment Market Size No comments

The automated material handling equipment market will touch USD 56,731 million by 2030, powering at a rate of 8.9% in the years to come, as stated by a market research firm P&S Intelligence. This is due to the increasing requirement for improved accuracy of the...

Offshore Pipeline Market To Be USD 18,716 Million By 2030

June 09, 2023Offshore Pipeline Market, Offshore Pipeline Market Future, Offshore Pipeline Market Growth, Offshore Pipeline Market Share, Offshore Pipeline Market Size, Offshore Pipeline Market Trends No comments

In 2022, the offshore pipeline market was worth around USD 13,571 million, and it is projected to advance at a 4.10% CAGR from 2022 to 2030, hitting USD 18,716 million in 2030, according to P&S Intelligence.This growth can be ascribed to the increasing need for crude...

Energy As a Service Market Will Reach USD 149.45 Billion By 2030

June 08, 2023Energy as a Service Market, Energy as a Service Market Trends, Energy as a Service Market Demand, Energy as a Service Market Growth, Energy as a Service Market Share, Energy as a Service Market Size No comments

In 2022, the energy as a service market was worth around USD 68.41 billion, and it is projected to advance at a 10.26% CAGR from 2022 to 2030, hitting USD 149.45 billion in 2030, according to P&S Intelligence. This growth can be ascribed to the growing potential...

Carbon Credit Trading Platform Market Will Reach USD 479 Million by 2030

June 07, 2023Carbon Credit Trading Platform Market, Carbon Credit Trading Platform Market Demand, Carbon Credit Trading Platform Market Share, Carbon Credit Trading Platform Market Size No comments

In 2022, the carbon credit trading platform market was worth around USD 103 million, and it is projected to advance at a 21.20% CAGR from 2022 to 2030, hitting USD 479 million by 2030, according to P&S Intelligence. This growth can be ascribed to the increasing count...

The solid Oxide Fuel Cell Market Will Reach USD 5,005 Million by 2030

June 06, 2023Solid Oxide Fuel Cell Market, Solid Oxide Fuel Cell Market Demand, Solid Oxide Fuel Cell Market Growth, Solid Oxide Fuel Cell Market Share, Solid Oxide Fuel Cell Market Size No comments

In 2022, the solid oxide fuel cell market was worth around USD 470 million, and it is projected to advance at a 34.4% CAGR from 2022 to 2030, hitting USD 5,005 million by 2030, according to P&S Intelligence. This growth can be credited to the long-term constancy, greater...

Environmental Remediation Market Will Reach USD 198.11 Billion by 2030

June 05, 2023Environmental Remediation Market, Environmental Remediation Market Demand, Environmental Remediation Market Growth, Environmental Remediation Market Share, Environmental Remediation Market Size No comments

The total value of the global environmental remediation market was USD 110.67 billion in 2022, and it will rise at a growth rate of above 7.5% shortly, reaching USD 198.11 billion by 2030, according to P&S Intelligence. This market is mainly boosted by governing frameworks,...

Saudi Arabia DG Sets Market Will Reach USD 555.4 Million by 2030

June 02, 2023Saudi Arabia DG Sets Market, Saudi Arabia DG Sets Market Demand, Saudi Arabia DG Sets Market Growth, Saudi Arabia DG Sets Market Share, Saudi Arabia DG Sets Market Size, Saudi Arabia DG Sets Market Trends No comments

The total revenue of the Saudi Arabia DG sets market will reach USD 555.4 million by 2030, powering at a rate of 3.8% in the years to come. The industry has observed considerable growth, because of the surge in industrial and construction activities along with retail business...

Distributed Control System Market Will Reach USD 29,261 Million by 2030

June 01, 2023Distributed Control System Market, Distributed Control System Market Demand, Distributed Control System Market Growth, Distributed Control System Market Share, Distributed Control System Market Size No comments

As per a report by P&S Intelligence, the distributed control system market generated a value of USD 18,780 million in 2022, and it will reach USD 29,261 million, propelling at a 5.7% compound annual growth rate, by 2030.The growth in the industry is credited to the...