January 2024 ~ Prescient & Strategic Intelligence

Mounted Bearing Market Will Reach USD 2,122.1 Million By 2030

January 31, 2024Agriculture, Automotive, Industry Dynamics, Machinery Support, manufacturing, market trends, Mounted Bearing Market, Precision Engineering, Reliability No comments

The estimated value of the worldwide mounted bearing market is approximately USD 1,451.0 million in 2023. Projections indicate a compound annual growth rate (CAGR) of 5.8% from 2024 to 2030, with the market expected to reach USD 2,122.1 million by the year 2030.This growth...

Power Grid Market Will Reach USD 409.6 Billion By 2030

January 31, 2024Efficiency, Electricity Distribution, Industry Dynamics, market trends, Power Grid Market, Reliability, Renewable Energy Integration, Smart Grid, Sustainability No comments

The projected revenue for the global power grid market will be approximately USD 281.0 billion in 2023, with an anticipated growth to USD 409.6 billion by 2030. This represents a compound annual growth rate (CAGR) of 5.6% over the period from 2024 to 2030. This growth of...

Wood Plastic Composite Market is Powered by the Growing Construction Industry

January 30, 2024Outlook, Research Report, Wood-Plastic Composite Market, Wood-Plastic Composite Market Demand, Wood-Plastic Composite Market Share, Wood-Plastic Composite Market Size No comments

The total size of the wood plastic composite market was about USD 7,489.7 million in 2023, and it will power at a rate of 10% by the end of this decade, to touch USD 14,412.9 million by 2030.The application segment is led by building & construction, with a share of 30% in...

Wiring Devices Market Will Reach USD 84.9 Billion by the Year 2030

January 30, 2024Electrical Solutions, Energy Efficiency, Industrial Applications, market trends, Residential Applications, Smart Home Technologies, Sustainability, Technological Innovations, Wiring Devices Market No comments

The estimated market size for wiring devices is USD 55.9 billion in 2023, with a projected compound annual growth rate of 6.4% from 2024 to 2030. This growth is anticipated to lead to a market valuation of USD 84.9 billion by the year 2030.This development of the market can...

The APAC Region Had a Considerable Share in the Automotive Camera Market

January 30, 2024ADAS, Automotive Camera Market, Autonomous Driving, Camera Systems, market trends, Parking Assistance, Road Safety, Technological Advancements, Vehicle Technology No comments

The total size of the automotive camera market was USD 8,091.4 million in 2023, and it will power at a compound annual growth rate of 11.8% by the end of this decade, to touch a total value of USD 17,326.1 million by 2030.ADAS needs different cameras to perform numerous functions,...

Sustainable Solutions: Navigating the Molded Pulp Packaging Market

January 29, 2024Molded Pulp Packaging Market, Molded Pulp Packaging Market Growth, Molded Pulp Packaging Market Share, Molded Pulp Packaging Market Size, Molded Pulp Packaging Market Trends No comments

In 2023, the molded pulp packaging market achieved an approximate revenue of USD 4,780.9 million, and it is anticipated to experience a Compound Annual Growth Rate (CAGR) of 4.5% from 2024 to 2030. The market is expected to reach a valuation of USD 6,469.3 million by the year...

Vanadium Redox Flow Batteries Market Will Reach USD 759.4 Million by 2030

January 28, 2024Efficiency, Energy Storage Innovation, Grid-Scale Storage, Industrial Applications, Off-Grid Solutions, Renewable Integration, Scalability, Vanadium Redox Flow Battery Market No comments

In 2023, the market for vanadium redox flow batteries witnessed an approximate revenue of USD 401.2 million. Projected into the forecast period from 2024 to 2030, the market is anticipated to exhibit a Compound Annual Growth Rate (CAGR) of 9.7%, ultimately reaching a valuation...

EV Charging Cables Market Will Reach USD 3,775.6 Million by 2030

January 24, 2024EV Charging Cables Market, EV Charging Cables Market Demand, EV Charging Cables Market Growth, EV Charging Cables Market Outlook, EV Charging Cables Market Share No comments

The market size for EV charging cables is projected to be approximately USD 1,287.3 million in 2023, with an anticipated compound annual growth rate (CAGR) of 16.8% from 2024 to 2030. This growth is expected to lead to a market valuation of USD 3,775.6 million by the year 2030.This...

Exploring the Advantages of Automotive OTA Updates

January 24, 2024Automotive OTA Updates Market, Demand, Growth, Outlook, Research Report, Share No comments

It is hardly believable to imagine a world where we go inside any store every time to update our phone or computer OS. But we’re used to using OTA technology to keep up with the latest updates such as bug fixing and also launching new functions.Though currently only a few of...

Hydrodesulfurization Catalyst Market is Led by the North American Region

January 23, 2024Hydrodesulphurisation Catalyst Market, Hydrodesulphurisation Catalyst Market Growth, Hydrodesulphurisation Catalyst Market Share, Hydrodesulphurisation Catalyst Market Trends, Research Report, Trends No comments

The hydrodesulfurization catalyst market produced USD 3,092.9 million in 2023, and it will propel at a compound annual growth rate of 4.9% by the end of this decade, touching a value of USD 4,267.9 million by 2030. This is because of the cumulative air pollution from combustion...

North American Region is the Leader of the Remote Power Panel Market

January 22, 2024Remote Power Panel Market, Remote Power Panel Market Demand, Remote Power Panel Market Growth, Remote Power Panel Market Share, Remote Power Panel Market Size, Research Report No comments

The remote power panel market made about USD 1,248.2 million in 2023, and it will power at a rate of 5% by the end of this decade, touching USD 1,734.7 million by 2030. This is credited to the snowballing count of data centers and corporate offices with the increasing level...

Rising Number of Smart Cities Boosts APAC Solar Street Lighting Market

January 21, 2024APAC Solar Street Lighting Market, Energy Efficiency, market dynamics, Outdoor Illumination, Sustainable Urban Lighting Solutions, Technological Advancements, Trends No comments

The APAC solar street lighting market was USD 2,315.9 million in 2023, which will rise to USD 6,691.2 million, advancing at a 16.4% CAGR, by 2030.The growth is mainly because of the reducing costs of such solutions, the growing count of smart cities, and the increasing...

APAC Has Significant Position in Semiconductor Chemicals Market

January 18, 2024Demand, Outlook Report, Semiconductor Chemicals Market, Semiconductor Chemicals Market Share, Semiconductor Chemicals Market Size, Semiconductor Chemicals Market trends No comments

The size of the semiconductor chemicals market was about USD 12.5 billion in 2023, and it will power at a growth rate of 12.5% by the end of this decade, to touch a total value of USD 28.3 billion by 2030. Furthermore, the progressing semiconductor technologies, for example...

Synthetic Fuels Market was Led by the APAC Region

January 18, 2024Synthetic Fuels Market, Synthetic Fuels Market Growth, Synthetic Fuels Market Share, Synthetic Fuels Market Size, Synthetic Fuels Market Trends No comments

The synthetic fuels market size was USD 48.6 billion in 2023. Further, by the end of this decade, it will power at a compound annual growth rate of 5.6%, to touch a value of USD 70.6 billion by 2030.The transportation category, has 40% share in 2023. The use of EVs is snowballing...

Glass Bonding Adhesives Market Will Reach USD 6,857.8 Million By 2030

January 17, 2024Glass Bonding Adhesives Market, Glass Bonding Adhesives Market Growth, Glass Bonding Adhesives Market Share, Glass Bonding Adhesives Market Size, Glass Bonding Adhesives Market Trends No comments

The value of the glass bonding adhesives market stood at USD 3,891.3 million in 2023, and this number is projected to reach USD 6,857.8 million by 2030, advancing at a CAGR of 8.7% during the projection period. The development of the industry can be mainly credited to the...

Polymeric Category Had the Major Share in the Nanofiltration Membrane Market

January 14, 2024Demand, Nanofiltration Membrane Market, Nanofiltration Membrane Market Share, Nanofiltration Membrane Market Size, Nanofiltration Membrane Market Trends, Research Report No comments

The size of the nanofiltration membrane market was USD 998.9 million in 2023, and it will grow at a compound annual growth rate of 11% by the end of this decade, to touch a total value of USD 2,051.7 million by 2030. The polymeric category held the major share, of 40%,...

APAC Is Dominating the hydrogen Generation Market

January 11, 2024hydrogen Generation Market, hydrogen Generation Market Demand, hydrogen Generation Market Share, hydrogen Generation Market Size No comments

The world market for hydrogen generation is estimated to be worth USD 169.3 million by 2023 and will grow at 9.4% per annum between 2024 and 2030 with an expected value of 315.3 million USD by 2030.This development of the market can be credited to the growing need for this gas...

Veterinary Equipment and Disposables Market was Led by Companion Animals

January 11, 2024Consumables, Diagnosis, Equipment, Monitoring, Surgery, Veterinary Equipment Market No comments

The size of the veterinary equipment and disposables market was USD 2,515.9 million in 2023, and it will propel at a rate of 9.2% by the end of this decade, to touch USD 4,620.4 million by 2030.To learn more about this report: https://bit.ly/3O0u3X7This has a lot to do with...

The APAC Region is the Leader of the Software-Defined Vehicle Market

January 10, 2024Software-Defined Vehicle Market, Software-Defined Vehicle Market Growth, Software-Defined Vehicle Market Share, Software-Defined Vehicle Market Size, Software-Defined Vehicle Market Trends 1 comment

The software-defined vehicle market had a value of USD 268.8 billion in 2023, and it will power at a rate of 9% by the end of this decade, to touch USD 489.7 billion by 2030. The development of the industry has a lot to do with the need for a decrease in the accident count...

Blowing Away Limits: The Marvels of Cable Blowing Equipment

January 10, 2024Cable Blowing Equipment Market, Cable Blowing Equipment Market Growth, Cable Blowing Equipment Market Share, Cable Blowing Equipment Market Size, Cable Blowing Equipment Market Trends No comments

In the era of network infrastructure and telecommunications, where speed and efficacy are most important, one unsung hero stands out – Cable Blowing Equipment. Commonly goes unnoticed but vital, such devices play an important role in the continuous transmission of info...

Molten Salt Batteries Market Will Reach USD 11,543.2 Million by 2030

January 10, 2024Molten Salt Batteries Market, Molten Salt Batteries Market Share, Molten Salt Batteries Market Size, Molten Salt Batteries Market Trends No comments

The molten salt batteries market is projected to witness significant growth, with an estimated size of USD 2,461.1 million in 2023. Anticipated to experience a remarkable CAGR of 24.9% from 2024 to 2030, the market is forecasted to reach a substantial value of USD 11,543.2 million...

Digital Identity Solutions Industry is Led by North America

January 10, 2024Digital Identity Solutions, Hardware, Software, Solutions No comments

The digital identity solutions market revenue was USD 33,874.9 million in 2023, which will touch USD 117,416.1 million, with a 19.6% CAGR, by 2030.To learn more about this report: https://bit.ly/3Hf4spIThe progression in this industry is because of the surging number of fraudulent...

Asian Green Technology and Sustainability Market Is Driven by Accelerating GHG Emissions

January 10, 2024AI & Analytics, Asian Green Technology and Sustainability, Blockchain, Cloud Computing, Digital Twin, IOT No comments

The market size of the Asian green technology and sustainability is estimated to reach USD 5,816.3 million by 2023, with an annual growth rate of 11.1% over the period between 2023 and 2030, resulting in a total value of USD 12,072.6 million by 2030.To learn more about...

Particulate Matter Monitoring Industry is Powered by the Increasing Air Pollution

January 09, 2024Beta Attenuation, Gravimetric, Light Scattering, Opacity, Particulate Matter Monitoring No comments

The total size of the particulate matter monitoring market is about USD 1,434.5 million in 2023, and it will power at a rate of 11% by the end of this decade, to touch USD 2,969.3 million by 2030. The evolution has a lot to do with the growing air pollution and mounting consciousness amongst people concerning the advantages of good air quality.Moreover,...

Increasing Funding in Utilities Sector Boosts Superconducting Magnetic Energy Storage Market

January 08, 2024Superconducting Magnetic Energy Storage, Superconducting Magnetic Energy Storage Market, Superconducting Magnetic Energy Storage Market Share, Superconducting Magnetic Energy Storage Market Size No comments

The superconducting magnetic energy storage market was USD 57.2 billion in 2023, which will increase to USD 100.1 billion, with an 8.4% CAGR, by 2030.Additional factors that would result in industry expansion include the improved performance of these systems over primitive technologies...

Gravity Energy Storage Market is Booming Due to Rising Adoption of EVs

January 08, 2024Advanced technologies, Energy storage landscape, Gravitational potential energy, Gravity energy storage, Innovative solutions, Key Players, market dynamics, market trends No comments

The gravity energy storage market will generate USD 217.8 million by the end of 2023, which will power at a considerable rate of 77.9% in the years to come, touching USD 12,231.5 million by 2030. This will be because of the robust emphasis on renewable energy resources, acceptance...

All You Need to Know About Polymethyl Methacrylate

January 08, 2024Applications, Growth Opportunities, Industry Insights, innovations, market dynamics, market trends, PMMA Market, Polymethyl Methacrylate No comments

Polymethyl methacrylate is common for manufacturing plastic all over the globe. It has a lot to do with its high transparency. The characteristics of PMMA are notable for the people, it is an extremely translucent, material offering high impact and ecological resistance,...

Rising Acceptance of AR/VR Products Boosts Volumetric Video Industry

January 08, 2024Hardware, ICT, P&S Intelligence, Research, Software, technology, Volumetric Video No comments

The volumetric video market was USD 2,377.4 million in 2023, which will touch USD 13,939.6 million, growing at a 28.8% compound annual growth rate, by 2030. The growth of this industry is because of the increasing rate of technological advancement, mounting use of AR/VR products, and rising expenses on the development of sports technologies.Moreover,...

Surface Computing Market is Led by North America

January 08, 2024Commercial, Entertainment, Healthcare, Hospitality, Retail, Surface Computing No comments

The surface computing market was USD 61.2 billion in 2023, and it will rise to USD 505.5 billion, powering at a 35.3% compound annual growth rate, by 2030.To learn more about this report: https://bit.ly/3NTBNKAThis growth is mainly because of the surging use of natural user...