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The global gallium arsenide (GaAs) solar cell market size was valued at $14.55 billion in 2022, and it is projected to grow at a CAGR of 8.45% during the forecast period (2024-2031), increasing from $15.78 billion in 2023 to $30.19 billion by 2031. The gallium arsenide (GaAs) solar cell market is expected to experience significant growth in the coming years due to several key factors. GaAs solar cells are becoming increasingly attractive for various applications because they are more efficient and have lower manufacturing costs compared to traditional silicon-based solar cells. These applications range from high-efficiency space and military uses to niche markets such as consumer electronics, where efficiency is crucial.
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Free membership registrationThe global market size for predictive maintenance was valued at 5.77 billion USD in 2022, and it is projected to grow from 7.57 billion USD in 2023 to 66.46 billion USD by 2031, with a CAGR of 31.2% during the forecast period (2024-2031). At the intersection of technology and industrial maintenance lies a rapidly evolving sector known as the global predictive maintenance market. By leveraging machine learning, advanced data analytics, and IoT (Internet of Things) technologies, it predicts when machines and equipment are likely to fail. Predictive maintenance helps companies forecast the need for maintenance by evaluating past trends and real-time data, thereby minimizing downtime and operating costs.
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Free membership registrationThe global cold chain market size is expected to reach 228.3 billion USD in 2024, expanding at a CAGR of 10.3% and projected to reach 372 billion USD by 2029. This report investigates the global cold chain market, summarizing trends by type, temperature type, application, technology, and region, as well as profiles of companies entering the market.
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Free membership registrationThe global market size for solar power generation equipment is projected to grow at a CAGR of 11.56% until 2033, reaching a scale of 430.97 billion USD. The term solar power generation equipment refers to various components used to capture and utilize solar energy for power generation and other purposes. This includes various tools and technologies aimed at harnessing solar energy and converting it into electrical energy. Individual solar cells that absorb light make up solar panels. This report investigates the global solar power generation equipment market, summarizing market overview, analysis of market impact factors and opportunities, trends and forecasts of market size, detailed analysis by various segments and regions, competitive landscape, and profiles of key companies.
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Free membership registrationThe bottled air market is projected to grow to 8 billion USD from 2023 to 2028, with a CAGR of 8.11% during the forecast period. This report includes a comprehensive analysis of the bottled air market, market size and forecasts, trends, growth drivers, challenges, and vendor analysis covering approximately 25 vendors.
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Free membership registrationThe FEVE fluoropolymer coating market is expected to grow to 440.82 million USD from 2023 to 2028, with a CAGR of 5.36% during the forecast period. This report includes a comprehensive analysis of the FEVE fluoropolymer coating market, market size and forecasts, trends, growth drivers, challenges, and vendor analysis covering approximately 25 vendors.
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Free membership registrationThe agricultural machinery market is projected to grow to 41.12 billion USD from 2023 to 2028, with a CAGR of 5.47% during the forecast period. This report includes a comprehensive analysis of the agricultural machinery market, market size and forecasts, trends, growth drivers, challenges, and vendor analysis covering approximately 25 vendors.
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Free membership registrationThe artificial intelligence market in the industrial sector is projected to grow to $29.29764 billion from 2023 to 2028, with a CAGR of 38.86% during the forecast period. This report provides a comprehensive analysis of the artificial intelligence market in the industrial sector, including overall analysis, market size and forecasts, trends, growth drivers and challenges, and vendor analysis covering approximately 25 vendors.
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Free membership registrationThe coal tar market is expected to grow to 3.35 billion USD from 2023 to 2028, with a CAGR of 3.97% during the forecast period. This report includes a comprehensive analysis of the coal tar market, market size and forecasts, trends, growth drivers, challenges, and vendor analysis covering approximately 25 vendors.
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Free membership registrationThe global smart factory market size is projected to grow from 100.6 billion USD in 2024 to 164 billion USD by 2029, with a CAGR of 10.3%. This report investigates the global smart factory market, summarizing trends by component, solution, industry, and region, as well as profiles of companies entering the market.
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Free membership registrationThe market size of electric heat tracing is expected to grow at a CAGR of 7.9% during the forecast period, increasing from 2.96 billion USD in 2024 to 4.34 billion USD by 2029. This report investigates the global electric heat tracing market, summarizing market overview, analysis of market impact factors and opportunities, trends in technology and patents, regulatory environment, case studies, market size trends and forecasts, detailed analysis by various segments and regions, competitive landscape, and profiles of key companies.
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Free membership registrationThe market size of reclosing devices is expected to grow at a CAGR of 5.0% during the forecast period, increasing from 1.1 billion USD in 2024 to 1.5 billion USD by 2030. This report investigates the global reclosing device market, summarizing market overview, analysis of market impact factors and opportunities, trends in technology and patents, regulatory environment, case studies, market size trends and forecasts, detailed analysis by various segments and regions, competitive landscape, and profiles of key companies.
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Free membership registrationThis report provides a thorough analysis of regulatory decisions that impact the modernization investment of electric utility transmission networks. It investigates 80 regulatory proceedings involving 50 major investor-owned utilities across 38 states, examining in detail how investment budgets are approved, reduced, rejected, or withdrawn. By focusing on specific technology case studies and budget outcomes, it sheds light on the decision-making processes at the regulatory level. The study also analyzes how various cost recovery mechanisms affect the likelihood and speed of obtaining regulatory approval. The purpose of this report is to equip electric utilities with the knowledge necessary to create effective proposals for system modernization projects and to focus on key elements for success in the regulatory approval process.
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Free membership registrationThe market size for semiconductor and IC packaging materials is projected to expand from 43.9 billion USD in 2024 to 70.9 billion USD by 2029, growing at a CAGR of 10.1%. This report investigates the global semiconductor and IC packaging materials market, summarizing trends by type, packaging technology, end-use industry, region, and profiles of companies entering the market.
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Free membership registrationThe global broadcasting equipment market size was $5.03 billion in 2022 and is expected to grow from $5.27 billion in 2023 to $7.67 billion by 2031, with a projected CAGR of 4.8% during the forecast period (2024-2031). As consumers have sought better audio and visual experiences, the broadcasting equipment sector has made significant advancements over the past few decades. As a result of technological advancements, broadcasters are now required to offer ultra-high-definition (UHD) output to serve high-end users and expand the market. The demand for higher resolution materials has been driving the adoption of 4K and even 8K broadcasting technologies.
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Free membership registrationThe global specialty silica market was valued at 6.38 billion USD in 2022 and is expected to grow from 6.7 billion USD in 2023 to 9.9 billion USD by 2031, with a projected CAGR of 5% during the forecast period (2024-2031). The specialty silica market is expanding due to increased demand for paints, coatings, and rubber in sectors including construction and electric vehicles. The demand for specialty silica is likely to be significantly influenced by the substantial growth in EV production, which is expected to create favorable opportunities for the tire industry. The majority of the specialty silica market in North America is held by the United States. In the U.S., the electric vehicle (EV) market is dramatically expanding, leading to a demand for innovative and energy-efficient rubber tires. This expansion of domestic automobile production is likely to help the U.S. tire industry require specialty silica.
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Free membership registrationThe global automotive tire market size reached 310.5 billion USD in 2022 and is expected to grow from 333.92 billion USD in 2023 to 604.47 billion USD by 2031, with a projected CAGR of 7.7% during the forecast period (2024-2031). The automotive tire sector is highly competitive, with companies prioritizing product differentiation through innovative technologies that offer superior performance and durability. One such technological innovation is the development of self-repairing tread patterns that ensure stable grip even as the tires wear down. With the significant surge in global sales of passenger and commercial vehicles, tire demand is expected to see substantial growth. According to the International Organization of Motor Vehicle Manufacturers, over 90 million new vehicles were produced worldwide, marking a 1.1% increase from the previous year. Of these, approximately 17 million were produced in Europe, accounting for 19% of global production and driving the demand for automotive tires.
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Free membership registrationThe global fungicide market size was valued at 19.2 billion USD in 2022 and is expected to grow from 20.14 billion USD in 2023 to 29.53 billion USD by 2031, with a projected CAGR of 4.9% during the forecast period (2024-2031). The global fungicide market is driven by the urgent need to enhance crop productivity, combat fungal infections, and promote sustainable agricultural practices. This momentum is supported by technological advancements, increased awareness among farmers, and the adoption of integrated pest management techniques. Several factors are driving this market, including the rising food demand due to population growth, the pressing need to protect crops from fungal diseases, and the growing awareness among farmers regarding the benefits of fungicide use.
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Free membership registrationThe global market size for cooling fabrics was valued at 2.11 billion USD in 2022, with a projected CAGR of 11.1% during the forecast period (2024-2031), expected to grow from 2.34 billion USD in 2023 to 5.44 billion USD by 2031. The growth of the cooling fabrics market is driven by increasing consumer awareness and preference for high-performance and technologically advanced textiles. The rise in participation in sports and outdoor activities, along with the growing demand for athleisure wear, significantly boosts the necessity for cooling fabrics. This market presents substantial growth opportunities, particularly due to the emphasis on sustainable and environmentally friendly textiles.
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Free membership registrationThe global market size for horticultural lighting was valued at 4.15 billion USD in 2022, and it is projected to grow from 5.69 billion USD in 2023 to 71.54 billion USD by 2031, with a CAGR of 37.21% during the forecast period (2024-2031). The innovative technology used in the horticultural industry is LED lighting, which is also more cost-effective compared to other artificial light sources. While LED lumen output gradually decreases, it does not burn out like traditional bulbs. Depending on the application, while regular bulbs typically fail within a year, LEDs can last up to 50,000 hours. The extended lifespan ensures high reliability. The increasing social awareness of the benefits of vertical farming and the rising demand from food consumers are expected to accelerate expansion in this region.
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Free membership registrationThe global edge AI software market size was $1.48 billion in 2022 and is expected to expand from $1.84 billion in 2023 to $10.33 billion by 2031, growing at a CAGR of 24.10% during the forecast period (2024-2031). Real-time processes such as data production and decision-making are made possible by the use of edge AI software. In production processes, edge AI software is adopted to extend the battery life of wearable devices. With the help of edge AI software, large amounts of data can be stored in the cloud, improving data privacy and avoiding streaming-related issues.
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Free membership registrationThe global e-learning market size was $380 million in 2022, and it is expected to expand from $475.76 million in 2023 to $2.87225 billion by 2031, growing at a CAGR of 25.20% during the forecast period (2024-2031). The e-learning industry is expected to experience significant growth, driven by advances in communication technology and global connectivity. Traditionally popular in developed countries, the market is rapidly expanding, with countries like Thailand, Vietnam, and Malaysia achieving remarkable growth and transforming into an industry with substantial revenue potential from its early stages.
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Free membership registrationThe global market size for automotive lighting was valued at 28.9 billion USD in 2022, with a projected CAGR of 4.10% during the forecast period (2024-2031), expected to grow from 30.08 billion USD in 2023 to 41.49 billion USD by 2031. The global commercial vehicle market is expected to see a surge in demand during the forecast period, driven by increases in production and sales. This growth is primarily fueled by technological advancements aimed at improving vehicle safety and complying with stringent government regulations. Additionally, the population growth and increased purchasing power in emerging markets are anticipated to present favorable opportunities for the market.
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Free membership registrationThe global market size for team collaboration software was valued at $23.75 billion in 2022 and is expected to grow from $26.01 billion in 2023 to $53.75 billion by 2031, with a projected CAGR of 9.50% during the forecast period (2024-2031). The optimistic growth outlook for the market is attributed to the evolving dynamics of the modern workplace and the increased need for efficient team collaboration methods across organizations, driven by the shift to remote work necessitated by COVID-19 regulations and lockdowns in 2020. This surge in demand for software that facilitates communication among virtual teams has led to a sustained interest in collaboration solutions and smart meeting spaces in the post-pandemic era as companies explore alternative work models.
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Free membership registrationThe global chitosan market size was valued at 11.04 billion USD in 2022 and is expected to grow from 13.39 billion USD in 2023 to 62.76 billion USD by 2031, with a projected CAGR of 21.3% during the forecast period (2024-2031). The rapidly growing global chitosan market is expected to see significant expansion in the coming years. Several key factors are influencing the market. First, the increasing consumer awareness and desire for natural materials and organic products are driving industry growth. Chitosan is an ideal environmentally friendly and sustainable option that consumers are increasingly choosing. Second, the demand for chitosan is being driven by the expanding pharmaceutical segment and the rising health consciousness, due to its exceptional qualities in tissue engineering, drug delivery systems, and wound healing.
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Free membership registrationThe global market size for modular data centers was valued at $21.24 billion in 2022 and is expected to grow from $24.89 billion in 2023 to $88.61 billion by 2031, with a projected CAGR of 17.2% during the forecast period (2024-2031). The demand for modular data center applications is increasing due to factors such as the expansion of edge computing usage and the growing industry-wide demand for green, low-carbon, and environmentally friendly data centers. Furthermore, the rapid advancement of the digital revolution is also expected to drive market expansion.
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Free membership registrationThe global market size for wireless charging was valued at 6.39 billion USD in 2022, and it is projected to grow from 7.62 billion USD in 2023 to 31.04 billion USD by 2031, with a CAGR of 19.2% during the forecast period (2024-2031). The expansion of wireless charging technology in smartphones, smartwatches, and other consumer devices is driving significant growth in the global wireless charging market. Additionally, the increasing popularity of electric vehicles that require charging batteries using wireless charging technology is also propelling the market.
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Free membership registrationThe global solar energy market was valued at $180.78 billion in 2022, with a projected CAGR of 7.1% during the forecast period (2024-2031), expected to grow from $193.62 billion in 2023 to $335.16 billion by 2031. The solar energy industry has undergone remarkable expansion and transformation in recent years, becoming a major force in the global energy landscape. The production, supply, and utilization of solar energy generated by photovoltaic (PV) panels and solar thermal systems are all included in this market.
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Free membership registrationThe electrification of residential spaces and the market for water heaters are expected to grow over the next decade, primarily due to the increasing interest from the government and consumers in fuel conversion, as well as the rising household penetration rate of heating and cooling room air conditioners. The shipment of electric heating and water heating equipment is projected to grow worldwide, although the types of technologies vary by region. For example, air-source heat pumps are the fastest-growing electric heating equipment in North America, while heating and cooling room air conditioners are the fastest-growing electric heating equipment in the Asia-Pacific, Latin America, and the Middle East and Africa. This report analyzes the global market for residential spaces and water heaters, focusing particularly on the differences in fuel types used in each region (electric vs. non-electric). It also investigates the main driving and restraining factors of the market, provides an overview of major manufacturers, and examines trends in shipment forecasts (by fuel type and region, from 2024 to 2033).
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Free membership registrationThis IDC Market Perspective provides practical insights for hyperscale and specialized cloud providers, as well as data center networking system and silicon vendors. Monetizing multi-cloud networking solutions requires ongoing growth demand drivers, technology, and business outcome benchmarks. Vijay Bhagavath, Research Vice President of IDC's Cloud and Datacenter Networks, stated, "In IDC's view, multi-cloud networking is likely to reach an early adoption tipping point for enterprises by 2024. AI workloads, application and business resilience, and cybersecurity are among the most important demand drivers supporting the adoption of multi-cloud networking platforms and services."
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Free membership registrationHundreds of companies, organizations, and governments around the world are considering the implementation of 24/7 Carbon-Free Energy (CFE). CFE is generated when electrical energy is produced from renewable resources, and CFE sources supply every kilowatt-hour of electricity consumption every hour of every day. Energy buyers wishing to certify 24/7 CFE must purchase granular certificates (GC) in bulk through Power Purchase Agreements (PPA), green tariffs, or Renewable Energy Certificates (REC) and Energy Attribute Certificates (EAC). This report will also examine various issues related to the 24/7 CFE market, including opportunities and implementation challenges. Additionally, it will forecast trends in power capacity and revenue in the global market up to 2033, segmented by type and region. It will also investigate key technologies and competitive dynamics related to the 24/7 CFE market.
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Free membership registrationMining companies play a crucial role in the transition to non-fossil energy sources. The mining industry provides the raw materials necessary for the manufacture of clean energy technologies while also serving as a significant source of CO2 emissions. Nearly half of the emissions from mining operations come from diesel consumption in large mining vehicles and equipment. Haul trucks are the largest fuel consumers, accounting for approximately 68 million tons of CO2 emissions annually. Most of the world's major mining companies have announced climate change strategies, typically setting climate neutrality targets for the 2040s and 2050s, focusing on operational emissions. In collaboration with suppliers of mining machinery and powertrains, these companies are currently exploring various solutions to decarbonize haul trucks, excavators, loaders, drilling equipment, and other site facilities.
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Free membership registrationThe nickel market is expected to grow to 16.55 billion USD from 2023 to 2028, with a CAGR of 4.06% during the forecast period. This report includes a comprehensive analysis of the nickel market, market size and forecasts, trends, growth drivers, challenges, and vendor analysis covering approximately 25 vendors.
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Free membership registrationThe RF component market for home electronic devices is expected to grow to 21.12 billion USD from 2023 to 2028, with a CAGR of 14.06% during the forecast period. This report includes a comprehensive analysis of the RF component market for home electronic devices, market size and forecasts, trends, growth drivers, challenges, and vendor analysis covering approximately 25 vendors.
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Free membership registrationThe sports bottle market is projected to grow to 901.15 million USD from 2023 to 2028, with a CAGR of 4.45% during the forecast period. This report includes a comprehensive analysis of the sports bottle market, market size and forecasts, trends, growth drivers, challenges, and vendor analysis covering approximately 25 vendors.
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Free membership registrationThe wind energy market is expected to grow to $47.88 billion from 2023 to 2028, with a CAGR of 7.93% during the forecast period. This report includes a comprehensive analysis of the wind energy market, market size and forecasts, trends, growth drivers, challenges, and vendor analysis covering approximately 25 vendors.
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Free membership registrationThe metaverse market in fashion is expected to grow to 12.655 billion USD from 2023 to 2028, with a CAGR of 36.72% during the forecast period. This report includes a comprehensive analysis of the metaverse market in fashion, market size and forecasts, trends, growth drivers, challenges, and vendor analysis covering approximately 25 vendors.
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Free membership registrationThe air cargo services market is projected to grow to USD 53.99 billion from 2023 to 2028, with a CAGR of 4.32% during the forecast period. This report includes a comprehensive analysis of the air cargo services market, market size and forecasts, trends, growth drivers, challenges, and vendor analysis covering approximately 25 vendors.
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Free membership registrationThe hydraulic equipment market is expected to grow by 16.8 billion USD from 2023 to 2028, with a CAGR of 4.61% during the forecast period. This report includes a comprehensive analysis of the hydraulic equipment market, market size and forecasts, trends, growth drivers, challenges, and vendor analysis covering approximately 25 vendors.
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Free membership registrationThe automotive timing belt market is expected to grow to 3.66 billion USD from 2023 to 2028, with a CAGR of 6.55% during the forecast period. This report includes a comprehensive analysis of the automotive timing belt market, market size and forecasts, trends, growth drivers, challenges, and vendor analysis covering approximately 25 vendors.
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Free membership registrationThe autonomous driving bus market is expected to grow to 2.29431 billion USD from 2023 to 2028, with a CAGR of 21.86% during the forecast period. This report includes a comprehensive analysis of the autonomous driving bus market, market size and forecasts, trends, growth drivers, challenges, and vendor analysis covering approximately 25 vendors.
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Free membership registrationThe global optical transceiver market size is expected to reach 13.6 billion USD in 2024 and 25 billion USD by 2029, with a projected CAGR of 13.0% from 2024 to 2029. This report investigates and analyzes the global optical transceiver market, providing information on key drivers and restraints, competitive landscape, future trends, and more.
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Free membership registrationThis report provides insights into the wind power capacity constructed by EPC (Engineering, Procurement, and Construction) companies in the United States in 2023. It investigates the market share of EPC companies by state in the U.S. and takes a closer look at the top 10 states where wind power capacity is expected to increase in 2023. Additionally, it discusses the EPC market share segmented by turbine rating, turbine OEM, and relationships with wind power operators.
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Free membership registrationThe market is expected to expand at a CAGR of 13.5% during the forecast period, reaching 3 billion USD by 2028. Core materials, which possess key characteristics such as thickness, high rigidity, and low density, are essential components of sandwich-structured composites. The composite layers surrounding these key components enhance the overall strength of the structure. Core materials are widely accepted in various end-use sectors due to their remarkable combination of lightweight and high strength. The growing demand for core materials across various industries is attributed to the increasing awareness of their advantages. Significant growth is observed in the wind energy sector, which is expected to drive the core materials market during the forecast period. This report investigates the global core materials market, summarizing trends by type, end-use industry, region, and profiles of companies entering the market.
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Free membership registrationThe market size of enterprise video is expected to grow from 23.8 billion USD in 2024 to 35.8 billion USD by 2029, with a compound annual growth rate (CAGR) of 8.6% during the forecast period. This report investigates the global enterprise video market, summarizing trends by offering, application, deployment model, organization size, industry, and region, as well as profiles of companies entering the market.
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