The pumped hydro storage market was USD 353.8 billion in 2023, and it will reach to USD 643.9 billion by 2030, powering at a rate of 9.2% by the end of this decade. The important factors powering the industry growth are growing deployment of intermittent renewable energy sources, for example solar and wind power; increasing requirement for grid...
Liquid Air Energy Storage Market is Led by North America
The liquid air energy storage market was USD 1,472.9 million in 2023, and it will rise to USD 4,887.6 million, powering at an 18.8% compound annual growth rate, by 2030.Moreover, it is a long-duration energy storage (LDES), flexible technology. It utilizes air to generate electricity;...
Particle Counters Market Will Reach USD 1,069.6 Million by 2030
The projected value of the worldwide particle counters market will be approximately USD 549.1 million in 2023, with an anticipated growth to reach USD 1,069.6 million by 2030. This represents a compound annual growth rate (CAGR) of 10.2% over the period from 2024 to 2030.The...
Closed-Loop Stepper Motor Market was Led by the Industrial Machinery
The closed-loop stepper motor market was about USD 2.9 billion in 2023, and it will power at a rate of 4.2% by the end of this decade, touching USD 3.7 billion in 2030. The fast expansion of the robotics and automation industry has heightened the requirement for stepper...
Printing Inks Market Will Reach USD 36.1 Billion By 2030
The printing ink market was valued at USD 20.2 billion in 2023 and is projected to reach USD 36.1 billion by 2030, with a growth rate of 8.9% from 2024 to 2030.During the projection period, the market is projected to grow moderately due to its already huge size. The industry...
Compressed Air Energy Storage Market is Powered by the increasing Global Population
The compressed air energy storage market was about USD 6,027.4 million in 2023, and it will reach USD 26,605.3 million by 2030, powering at a rate of 23.7% by the end of this decade. This is credited to the surge in the population and the subsequent surge in the power demand....
APAC Is Dominating Cryogenic Pump Market
In 2021, the cryogenic pump market size stood at USD 1,407.6 million, which is projected to witness a 3.1% CAGR during 2021–2030, reaching USD 1,860.1 million by 2030. P&S Intelligence majorly credits this growth to the increasing installation of such pumps in the metallurgy,...
Phishing Protection Market Will Grow the Fastest in the Asia-Pacific Region
The phishing protection market was USD 2,307.5 million in 2023, which will power at a rate of 13.7% by the end go this decade, to touch USD 5,609.3 million by 2030. This is because of the growing phishing attacks and continuing tech progressions.Furthermore, a surge in remote...
Exploring the Electrolyzers Market Trends, Applications, and Future Prospects
The electrolyzers market was USD 496.7 million in 2023, which will increase to USD 51,992.8 million, advancing at a 94.7% compound annual growth rate, by 2030.Moreover, the increasing need for green ammonia derived by electrolysis is assisting the expansion of this industry....
Transdermal Drug Delivery Systems Market is Led by the North American Region
The total value of the transdermal drug delivery systems market was USD 4.2 billion in 2023, and it will power at a compound annual growth rate of 4.7% by the end of this decade, to touch USD 5.8 billion in 2030.The sector is mostly driven by the rising incidence of chronic...
Auto Injectors Industry was Led by the North American Region
According to the latest market research study published by P&S Intelligence, the auto injectors market made a total revenue of USD 1,011 million in 2023, and it will propel at a rate of 14.8% in the years to come, to touch a value of USD 2640.2 million in 2030.The key factors...
Process Analyzer Market Will Reach USD 10.1 Billion By 2030
The worldwide market for process analyzers was valued at approximately USD 7.9 billion in 2023 and is expected to grow to around USD 10.1 billion by 2030, with a compound annual growth rate (CAGR) of 3.7% between 2024 and 2030.The mounting concentration on advancing water quality...
North America Is Dominating Active Implantable Medical Devices Industry
The market size for active implantable medical devices was valued at USD 22.5 billion in 2023 and is projected to grow to USD 37.1 billion by 2030, with a compound annual growth rate of 7.5% from 2024 to 2030.The occurrence of chronic illnesses is increasing, the population...
Enactment of Strict Emission Regulations Driving Demand for Automotive Elastomers
The automotive elastomers market was USD 34.6 billion in 2023, and it will power at a compound annual growth rate of 5.7% by the end of this decade, to touch a value of USD 50.6 billion in 2030. The increasing consciousness of the numerous advantages of these materials, for example, noise and emission reduction, boost in performance, and safety...
Red Biotechnology's Soaring Growth in Global Healthcare
The global red biotechnology market has garnered USD 576.7 billion in revenue in 2023, and it is projected to rise at the rate of 10.8% from 2023 to 2030, to capture USD 1,172.3 billion by 2030. The development of the industry can be credited to the growing use of hereditary...
Measuring Progress Exploring the Testing and Measurement Equipment Market
The size of the testing and measurement equipment market was about USD 34.8 billion in 2023, and it will power at a rate of 4.8% by the end of this decade, to touch USD 47.9 billion by 2030.The rising EV acceptance worldwide is consistently supporting testing tool requirement...
Medical Packaging Films Industry had a Considerable Share in the Asia-Pacific Region
According to the latest market research study published by P&S Intelligence, the total size of the medical packaging films market was USD 7,904.2 million in 2023, and it will power at a rate of 6.1% by the end of this decade, to touch a value of USD 11,752.8 million...
Hybrid Power Solutions Market Will Reach USD 5,020.3 Million By 2030
In 2023, the global market value for hybrid power solutions was approximately USD 2,506.2 million. Forecasts suggest that by 2030, this figure could double, reaching around USD 5,020.3 million, with a projected compound annual growth rate (CAGR) of 10.6% during the period...
Routing Market Is Driven by Growing Smart Home Industry
The value of the routing market stood at USD 16.3 billion in 2023, and this number is projected to reach USD 29.3 billion by 2030, advancing at a CAGR of 8.8% during the projection period.Routing denotes to the selection of a path for traffic in a network, or between or across...
North America Is Dominating Digital Diabetes Management Industry
The global digital diabetes management industry revenue for 2023 has been estimated at USD 17.8 billion, which is expected to observe a compound annual growth rate of 13.7% during 2024–2030, to reach USD 43.4 billion by 2030.In the past few years, the medical device industry...
Gene Cloning Services Market is Led by the Gene Therapy Category
The value of the gene cloning services market is about USD 3,154.1 million in 2023, which will touch a value of USD 10,019.6 million by 2030, powering at a compound annual growth rate of 18.1% by the end of this decade.The rising occurrence of chronic diseases, growing demand...
Group Category is the Leader of the Concierge Medicine Market
The concierge medicine market is valued about USD 17.1 billion in 2023, which will reach USD 27.6 billion by 2030, powering at a rate of 7.3% by the end of this decade. The growth is because of the growing consciousness with regards to early disease diagnosis, growing elderly...
Machine Safety Market is Powered by Growing Automotive Industry
The total value of the machine safety market was USD 5,150.6 million in 2023, and it will touch USD 7,479.6 million by 2030, powering at a compound annual growth rate of 5.6% by the end of this decade. This can be credited to the surge in the requirement for competence...
Dental Compressors Market is Powered by the Growing Aging Population
The dental compressors market was about USD 369.1 million for 2023, which will power at a rate of 5.1% by the end of this decade, to touch USD 512.8 million by 2030. The fast growth of the industry has a lot to do with the rising elderly population at a global level and the...
The Cryostat Market Is Driven by Advancements in Various Medical Fields
The projected revenue for the cryostat market is anticipated to reach USD 2,205.4 million by the conclusion of 2023. A steady compound annual growth rate (CAGR) of 5.0% is expected from 2024 to 2030, leading to an estimated total revenue of USD 3,047.8 million by the year 2030.The...
Influenza Diagnostics Market is Driven by the Expansion of Government Screening Programs
The influenza diagnostics market was valued at USD 946.9 million in 2023, which will rise to a total value of USD 1,603.1 million by 2030, powering at a compound annual growth rate of 7.9% by the end of this decade.The necessity for influenza diagnosis solutions will rise because...
Lab Supplies Market is Led by the Equipment Category
The total value of the lab supplies market was USD 40.3 billion in 2023, which will touch USD 66.4 billion by 2030, powering at a rate of 7.6% by the end of this decade. This is credited to the growing R&D activities because of the increasing expenditure on this aspect by...
Integrated Microwave Assemblies are Highly Demanded
Integrated microwave assemblies are intended for providing high performance components in small packages. The IMAs are used in a number of applications and are installed on ships and fighter jets. The demand for these IMA’s is on the rise and this blog will help you to...
APAC to Grow the Fastest in the Agricultural Surfactants Market
The agricultural surfactants market size was about USD 1,798.4 million in 2023, and this power will reach at a value of USD 2,734.6 million by 2030, powering at a compound annual growth rate of 6.3% by the end of this decade. Also, the rising requirement for agrochemicals...
Rampant Industrialization Powers the HVDC Transmission Market
The HVDC transmission market generated about a value of USD 11.3 billion in 2023. The industry will grow at a compound annual growth rate of 5.5% and touch USD 16.4 billion by 2030. This has a lot to do with the growing demand for electricity at a global level, gradual shift...
