ASIA PACIFIC LEADS THE GLOBAL CONSTRUCTION EQUIPMENT MARKET WITH MARKET SHARE OF ~44% in 2024.
The global Construction Equipment Market is estimated to reach USD 186.62 billion by 2030 from USD 148.02 billion in 2024, registering a CAGR of 3.9%. The growth of the construction equipment market is related to the growth of the construction industry. Government investment to boost infrastructure projects, rental/leasing trends, public-private partnerships, and rising disposable incomes will likely...
Mobile Apps and Web Analytics Market: AI, Cloud, and Digital Transformation Driving $20.2 Billion Growth by 2027
The global Mobile Apps and Web Analytics market is experiencing significant growth, projected to expand from USD 9.4 billion in 2022 to USD 20.2 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 16.4% during this period.This surge is driven by the increasing adoption of artificial intelligence (AI) and machine learning (ML) technologies, which enhance autonomous systems and decision-making...
Automotive Hypervisor Market Size & Share Report 2027
The automotive hypervisor industry size is projected to grow at a CAGR of 27.0% from 2022 to 2027, to reach USD 566 million by 2027 from USD 171 million in 2022. The basic objective of the hypervisor is to create an abstraction of various automotive functions by enabling the installation of multiple operating systems for several applications.
“Economy vehicle segment is expected to have large...
The Medical Polymer Market: Trends, Innovations & Market Outlook
Did you know that the global medical polymer market is expected to surpass $60.5 billion by 2029, driven by increasing demand for advanced medical devices, implants, and drug delivery systems? With regulatory shifts, sustainability concerns, and rapid technological advancements, businesses must adapt swiftly or risk being left behind.
What’s Driving the Shift to Medical Polymers?
The medical...
Automotive Engineering Services Market Size, Share, Demand & Growth 2028
The automotive engineering service industry size is projected to grow from 153.2 billion in 2022 to 243.9 billion by 2028, registering a CAGR of 8.1%.
The growing demand of zero-emission vehicles, advancements in technologies such as ADAS, battery management, connectivity, among others, and rising commercial transport are expected to increase the demand for automotive engineering services around...
Weigh-In-Motion System Market Size, Share, Growth & Forecast 2027
The weigh-in-motion system industry size is projected to reach USD 1.8 billion by 2027 from USD 1.1 billion in 2022, at a CAGR of 10.0% during the forecast period.
Increasing government initiatives toward intelligent transportation systems and increasing public-private partnerships (PPPs) is boosting the growth of the market for weigh-in-motion system. Road safety regulations by governments especially...
Global Engines & Gensets Industry Outlook
The global Engines and Gensets Outlook is expected to grow from estimated USD 401.95 billion in 2024 to USD 417.31 billion by 2025, at a YoY increase of 3.8%. The engines and gensets outlook highlights that both industries are experiencing significant growth driven by the rising demand for fuel-efficient, low-emission engines and reliable power solutions. Engine, which convert fuel into mechanical...
Booming Demand: Pine-Derived Chemicals Market Set to Hit $6.8 Billion by 2027
The pine-derived chemicals market encompasses a wide range of products derived from pine trees, including resins, essential oils, rosin, turpentine, and tall oil. These chemicals find applications across various industries such as adhesives, paints and coatings, flavors and fragrances, lubricants, and personal care products. The global pine-derived chemicals market size is estimated to reach...
AI & IOT Impact on Suppository Packaging Market Industry
AI & IOT Impact on Suppository Packaging Market Industry on Production & Manufacturing & Revenue in Upcoming Years
The integration of AI and IoT in the suppository packaging market is set to revolutionize production, manufacturing, and revenue growth in the coming years. AI-driven automation enhances precision in packaging, reducing material wastage and improving efficiency, while IoT-enabled...
EV Platform Market Size, Share, Trends & Forecast 2030
The EV platform industry size is estimated to grow from USD 9.0 billion in 2022 to USD 68.0 billion by 2030 at a CAGR of 28.7% over the forecast period.
Opportunities for expansion in the EV platform sector would arise from the preference for high-voltage and long-distance EVs, the high need for solid-state batteries in EVs, the rising desire for end-to-end software-defined vehicles, and the development...