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...
