The second-life automotive lithium-ion battery market was USD 987.5 million in 2023, and it will rise to USD 4,379.2 million, advancing at a 23.8% CAGR, by 2030. The growth of this industry is mainly because of the costly battery recycling procedure as well as the increasing acceptance of electric vehicles all over the globe.Different nations...
North America Makes the Most Use of Third-Party Logistics Solutions
The total size of the third-party logistics market was USD 1,096 billion in 2023, which will power at a rate of 8% by the end of this decade, to touch USD 1,870.4 billion by 2030. The key drivers for the of the industry are globalization and growth of the e-commerce sector. IoT, blockchain, and AI, have augmented security by allowing instantaneous...
Cloud Based Data Management Services Market is Led by North America
According to the latest market research study published by P&S Intelligence, the cloud-based data management services market was USD 40.7 billion in 2023, which will rise to USD 258.4 billion, with a 30.4% compound annual growth rate, by 2030.This is because of the increasing acceptance of cloud services and the requirement for cost-effectiveness,...
Saudi Arabia Residential AC Market to Touch USD 917.8 Million in 2030
The Saudi Arabia residential AC market will touch USD 917.8 million, growing at a 6.5% compound annual growth rate, by 2030.The growth is driven by rising humidity and heat, changing lifestyles, increased investment in the housing sector, and higher disposable income in the country. Additionally, Saudi Arabia's rapid economic development has resulted...
Managed Security Information and Event Management Services Industry Growth and Future Analysis
In 2023, the managed security information and event management (SIEM) services market was valued at approximately USD 7,531.7 million. Projections indicate a robust growth trajectory with a compound annual growth rate (CAGR) of 16.5% anticipated between 2024 and 2030. This growth...
Skin Replacements and Substitutes Industry Growth and Future Analysis
In 2023, the skin replacements and substitutes market brought in revenue totaling USD 1,178.2 million. With a projected compound annual growth rate (CAGR) of 7.0% from 2024 to 2030, it is anticipated to reach USD 1,869.2 million by 2030. This is mainly because of the increasing...
Electric Bus Charging Station Market Will Propel at a 30.5% CAGR
The electric bus charging station market generated a value of USD 3,116.6 million in 2023, which will increase to USD 19,906.9 million, with a 30.5% compound annual growth rate, by 2030.The growth is mainly because of the increasing disposition of electric buses to implement the international sustainable landscape coupled with an advanced method by...
Automotive Data Logger Market Will Reach USD 5,770.5 Million By 2030
The worldwide automotive data logger market achieved a valuation of USD 3,587.3 million in 2023 and is anticipated to expand at a compound annual growth rate (CAGR) of 7.1% from 2024 to 2030. This growth trajectory is projected to lead to a market value of USD 5,770.5 million by the year 2030. This can be credited to the rising addition of compact,...
EV Battery Swapping Market Will Reach USD 7,477.5 Million By 2030
The EV battery swapping market was valued at USD 1,212.4 million in 2023, and this number is expected to reach USD 7,477.5 million by 2030, advancing at a CAGR of 28.3% during 2024–2030. This can be credited to the decreased upfront prices for electrical vehicles and no wait time for charging.Because of the increasing distribution of e-rickshaws, the...
U.A.E. Diesel Generator Set Market Will Reach USD 204.5 Million By 2030
The U.A.E. diesel generator set market is witnessing growth and is projected to reach USD 204.5 million by 2030. The significant development is credited to the growing need for main and backup energy sources, mainly in retail stores, residential buildings, hotels, office spaces,...
Peer-to-Peer Carsharing Market Will Reach USD 7,225.2 Million by 2030
The peer-to-peer carsharing market is witnessing growth and is projected to reach USD 7,225.2 million by 2030. This growth of the market can be credited to the low price and convenience of these mobility platforms, rising worries over GHG emissions, robust push for vehicle electrification, rising acceptance of such services in emerging nations, and...
The Rise of LED Lighting in the Asia-Pacific Region
The last decade has seen Asia-Pacific region jumpstart its lighting systems, with LED being proclaimed as a lamp of innovation and environmental sustainability. This indeed lighting revolution is not about just brighter light, it revels energy-saving, nature-friendly and cost-effective...
BEV Category To Grow Fastest in the Electric Truck Market
The size of the electric truck market was 135,632 units in 2023, and it will power at a considerable rate of 34.5% by the end of this decade, to reach a total value of 1,074,084 units by 2030. The fuel-based trucks have high maintenance and operating cost, as opposed to the EV trucks. Unlike conventional ones, e- models do not need spark plug...
PCR Technologies Market Set to Reach USD 23.67 Billion by 2030
In 2023, the revenue from the PCR technologies market totalled USD 13,709.3 million, with a projected compound annual growth rate (CAGR) of 8.4% through the forecast period. This growth is anticipated to propel the market to reach USD 23,672.5 million by 2030.This can be credited to the surge in communicable illness and genetic disorder occurrence...
Isothermal Nucleic Acid Amplification Technology Market is Led by Hospitals
The isothermal nucleic acid amplification technology market was sized at USD 4,425.5 million in 2023, which will power at a rate of 9.4% by the end of this decade, to touch USD 8,159.4 million by 2030. This has a lot to do with the considerable rise in its use as a molecular testing method as a result of the increasing occurrence of communicable diseases.TB,...
Exploring the Automotive Anti-Pinch Power Window System Market
The number of passenger vehicles across the globe has risen considerably over the past few years. The sales of mid-priced passenger cars reached more than 30% among the global sales, in 2016, and the industry is further expected to advance at a considerable rate in the years to come. This is ascribed to the increasing disposable income of people...
Rare Earth Metals Market is Led by Magnets, Based on Application
The size of the rare earth metals market will touch USD 15,473.3 million by 2030, powering at a rate of 9.1% by the end of this decade. This is because of the increasing use of these elements in energy, aerospace, consumer electronics, and automobile industries.There are continuous...
Global Razor Market Will Reach USD 20,866.6 Million By 2030
The global razor market is witnessing growth and is projected to reach USD 20,866.6 million by 2030; this is mainly because of the increasing emphasis on personal grooming and the rising per-capita income of people.In recent years, on the basis of type, the cartridge razors category led the razor industry, with a revenue share of around 40%. This is...
Hybrid Category is the Key Contributor of Cloud Supply Chain Management Industry
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The cloud supply chain management market was about USD 10.8 billion in 2023, which will reach to about USD 37.6 billion in 2030, powering at a rate of 19.7% by the end of this decade. The increasing acceptance of cloud technologies, the growing requirement for flexibility and...
Smart Sensors Market Will Reach USD 160.3 Billion By 2030
The smart sensors market reached a value of USD 52.4 billion in 2023 and is projected to experience a compound annual growth rate of 17.5% between 2024 and 2030. This growth trajectory is anticipated to propel the market to a value of USD 160.3 billion by the end of 2030.This growth of the market can be credited to the fast technical improvements and...
Timing Devices Market Will Reach USD 8,893.2 Million By 2030
In 2023, the worldwide timing devices market yielded revenue of USD 5,518.8 million, and it is forecasted to experience a compound annual growth rate (CAGR) of 7.3% from 2024 to 2030. By 2030, it is anticipated to reach a total revenue of USD 8,893.2 million.This can be credited to the growing attention of people in electric products, like wearable...
The Soaring Trajectory of Global Push-to-Talk (PTT) Market, Anticipated to Reach USD 73.0 Billion by 2030
In 2023, the global push-to-talk (PTT) market achieved revenue of USD 36.4 billion. It is anticipated to grow at a CAGR of 10.5% between 2024 and 2030, reaching USD 73.0 billion by 2030. This can be credited to the rising application of this tech in an extensive variety of consumer devices, like tablets and smartphones, which has significantly contributed...
Vapor Deposition Market Will Touch USD 85.1 Billion in 2030
The vapor deposition market was USD 44.4 billion in 2023, which will increase to USD 85.1 billion, advancing at a 9.9% CAGR, by 2030.This can be mainly because of the developments of the electronics & solar power sectors and the mounting need for semiconductors in vehicles. Furthermore, the rising requirement for medical devices, the growing LED...
Adaptive Cruise Control Will Reach USD 53.1 Billion By 2030
In 2023, the market for adaptive cruise control is estimated at USD 16.4 billion and will increase to USD 53.1 billion by 2030 with a growth rate of 18.5% over the period 2024 to 2030. This growth of the market can be credited to the rising requirement for autonomous cars due to safety concerns, continuous enhancements in sensor tech, and government...
Critical Power and Cooling Solutions Market will Reach USD 56.0 Billion By 2030
The market size for critical power and cooling solutions was valued at USD 25.5 billion in 2023, with projections to reach USD 56.0 billion by 2030, exhibiting a growth rate of 12.1% during the period from 2024 to 2030. This is mainly due to the growth of edge computing, the rising requirement for data centers, smart manufacturing and industrial automation,...
Graphene Coating Market Will Advance at a 29.0% CAGR
The graphene coating market was USD 166.6 million in 2023, and it will increase to USD 979.1 million, with a 29.0% compound annual growth rate, by 2030.This growth can be ascribed to the rising need for high-performance coatings as well as innovative manufacturing methods. Furthermore, these materials are strong and possess the possibility to decrease...
Polymeric Adsorbents Market Will Grow the Fastest in the Aromatic Category
The size of the polymeric adsorbents market was USD 140.5 million in 2023, which will power at a rate of 5.8% by the end of this decade, reaching USD 205.5 million by 2030. The usage of this material is quickly increasing in the pharma, chemical, and F&B industries. Moreover, the implementation of strict regulations by governments for water...
Feeding Formulas Market Will Reach USD 10,963.7 Million By 2030
The global enteral feeding formulas market, valued at USD 5,781.8 million in 2023, is projected to reach USD 10,963.7 million by 2030, with an anticipated growth rate of 9.7% during 2024–2030. This growth of the market can be credited to the surge in the elderly populace and the surge in the occurrence of chronic illnesses, such as diabetes, cancer,...
Cross Laminated Timber Market Will Reach USD 3,783.7 Million By 2030
In 2023, the revenue from the cross-laminated timber market totaled USD 1,376.9 million, with a projected compound annual growth rate (CAGR) of 15.8% through the forecast period. This growth is anticipated to propel the market to reach USD 3,783.7 million by 2030.This is mainly because of its advanced flexibility in design and technique with quicker...
