Research Insight

Hydrogen Compressors Industry - Impact of Emerging Trends on Future Growth

The global hydrogen compressors market size was valued USD 2.1 billion in 2023 and is poised to reach USD 2.6  billion by 2028; it is expected to record a CAGR of 4.5% during the forecast period. The growing need for hydrogen as a clean energy source is driving a substantial growth in the market for hydrogen compressors. Because they compress hydrogen gas to high pressures for storage and delivery, hydrogen compressors are essential to many industries, including manufacturing, energy, and transportation.

• Published: May 2024

Pet Food Ingredients Industry - Latest Regulatory Trends Impacting the Global Market

The pet food ingredients industry size is projected to reach USD 47.4 billion by 2028 from USD 34.2 billion by 2023, at a CAGR of 6.8% during the forecast period in terms of value.

• Published: May 2024

Automotive V2X Industry - Forthcoming Trends to Fuel the Global Growth

The global automotive V2X market is projected to grow from USD 0.5 billion in 2023 to USD 9.5 billion by 2030, at a CAGR of 51.9%. The demand for automotive Vehicle-to-Everything (V2X) technology is expected to increase significantly, driven by factors such as the growing demand for autonomous vehicles and escalating concerns regarding environmental pollution. The market's expansion is further influenced by the increasing need for connected car technology. Robust governmental support for V2X technology, coupled with advancements in 5G technology, is foreseen to create novel opportunities within this market.

• Published: May 2024

Taste Modulators Industry - Forthcoming Trends to Fuel the Global Growth

The taste modulators industry is expected to reach USD 2.0 billion in 2028 from USD 1.4 billion in 2023, at a CAGR of 7.4% during the forecast period. The taste modulators market is growing due to rising health consciousness, addressing the demand for healthier options by reducing sugar, salt, and fat. The surge in obesity and diabetes cases fuels the need for sugar-free and reduced-calorie products, often utilizing taste modulators.

• Published: May 2024

Organic Fertilizers Industry - Forthcoming Trends to Fuel the Global Growth

The organic fertilizers market reached a value of US$ 7.9 billion in 2024 and is projected to grow at a CAGR of 11.5% from 2024 to 2029, reaching US$ 13.6 billion by 2029. This growth is driven by the interplay between the negative impacts of chemical fertilizers and the increasing demand for environmentally friendly food options, which is driving the expansion of the organic fertilizers industry.

• Published: May 2024

Organic Fertilizers Market Size & Share - Future Growth Expectations

The organic fertilizer market is expected to reach $13.6 billion by 2029 at a CAGR of 11.5% from 2024. This surge is fueled by two key trends: a rise in consumer demand for organic food and growing concerns about the harmful effects of chemical fertilizers. As people seek out eco-friendly options, the organic fertilizer industry is flourishing.

• Published: May 2024

Sterilization Equipment Industry - Emerging Growth Trends and Their Impact on Industry, Globally

The global sterilization equipment market is valued at an estimated USD 16.8 billion in 2024 and is projected to reach USD 24.7 billion by 2029, at a CAGR of 7.9% during the forecast period. The sterilization equipment market is driven by the growing number of surgeries, rising incidence of hospital-acquired infections (HAIs) and increasing outsourcing of sterilization services among pharmaceutical companies, medical device manufacturers, and hospitals. According to the World Health Organization (WHO), of every 100 hospitalized patients at any given time, seven patients in developed countries and ten patients in developing countries acquire at least one healthcare-associated or hospital-acquired infection. Sterilization equipment is crucial for preventing and controlling the spread of such infections hence supporting the overall market growth.

• Published: May 2024

Patient Monitoring Devices Industry - Impact of Emerging Trends on Future Growth

The patient monitoring devices market is projected to reach USD 71.1 billion by 2029 from USD 48.5 billion in 2024, growing at a CAGR of 8.0% during the forecast period. Growth in the patient monitoring market is mainly due to an increase in demand for biosensors, remote patient monitoring,  Growing investments and patient benefits such as early detection of disease for treatment.

• Published: May 2024

Patient Monitoring Devices Market Size & Share - Global Future Growth Expectations

The patient monitoring devices market is projected to reach USD 71.1 billion by 2029 from USD 48.5 billion in 2024, growing at a CAGR of 8.0% during the forecast period. Growth in the patient monitoring market is mainly due to an increase in demand for biosensors, remote patient monitoring,  Growing investments and patient benefits such as early detection of disease for treatment.

• Published: May 2024

Bakery Premixes Market Size & Share - Future Growth Expectations

The bakery premixes market is expected to reach USD 544 million in 2028 from USD 406 million in 2023, at a CAGR of 6.0% during the forecast period. A major advantage of bakery premixes is the convenience and time-saving benefits they offer.  For home bakers, premixes eliminate the need to measure out multiple ingredients, simplifying the baking process and reducing the risk of errors. For commercial bakers, premixes can streamline production processes, leading to increased efficiency and output.

• Published: May 2024

Small Modular Reactor Market Size & Share - Future Growth Expectations

The small modular reactor market is estimated to be USD 5.8 billion in 2023 to USD 6.8 billion by 2030, at a CAGR of 2.3% during the forecast period. The factors that drive the market growth include versatile nature of nuclear power and modularization of SMRs. SMRs offer the potential for improved economics. Their smaller scale and standardized designs can lead to cost savings in manufacturing, construction, and maintenance. The modular nature of SMRs enables phased deployment, reducing upfront capital costs and allowing for incremental capacity expansion based on demand.

• Published: May 2024

Small Modular Reactor Industry - Emerging Growth Trends and Their Impact on Industry, Globally

The global small modular reactor market is valued at an estimated USD 5.8 billion in 2024 and is projected to reach USD 6.8 billion by 2030, at a CAGR of 2.3% during the forecast period. With a growing global population and increasing energy needs, there's a continuous demand for reliable and affordable electricity. SMRs offer a scalable solution to meet this demand, providing a stable source of low-carbon energy. Additionally, SMRs enhance energy security by diversifying the energy mix and reducing reliance on fossil fuels, thereby mitigating supply chain risks and geopolitical tensions.

• Published: May 2024

Bakery Premixes Industry - Forthcoming Trends to Fuel the Global Growth

The bakery premixes industry is expected to reach USD 544 million in 2028 from USD 406 million in 2023, at a CAGR of 6.0% during the forecast period. A major advantage of bakery premixes is the convenience and time-saving benefits they offer.  For home bakers, premixes eliminate the need to measure out multiple ingredients, simplifying the baking process and reducing the risk of errors. For commercial bakers, premixes can streamline production processes, leading to increased efficiency and output.

• Published: May 2024

Home Healthcare Industry - Emerging Growth Trends

The global home healthcare market is projected to reach USD 383.0 Billion by 2028 from USD 250.0 Billion in 2023, at a CAGR of 8.9% during the forecast period Growth in this market is primarily driven by expansial growth in the old age population, and the rising incidence of chronic diseases.

• Published: May 2024

Remote Power Panel Industry - Emerging Growth Trends and Their Impact on Industry, Globally

The global remote power panel market is projected to reach USD 1.4 billion by 2028 from an estimated USD 1.1 billion in 2023, at a CAGR of 4.8% during the forecast period. Factors such as increased investments in colocation and hyperscale data centers which is driving the need for power distribution components for proper functioning and monitoring. The increasing demand for electricity in remote places, technological breakthroughs in renewable energy, and the necessity of dependable power sources for key applications have all contributed to the steady growth of the remote power panel market.

• Published: May 2024

Home healthcare Market Size & Share - Global Future Growth Expectations

The global home healthcare market is projected to reach USD 383.0 Billion by 2028 from USD 250.0 Billion in 2023, at a CAGR of 8.9% during the forecast period Growth in this market is primarily driven by expansial growth in the old age population, and the rising incidence of chronic diseases.

• Published: May 2024

Automotive Brake System Industry - Forthcoming Trends to Fuel the Global Growth

The automotive brake system market is estimated to grow from USD 23.5 billion in 2023 to USD 30.1 billion by 2028, at a CAGR of 5.1% during the forecast period. The base year for the report is 2022, and the forecast period is 2023 to 2028. The market is expected to witness rapid growth with the implementation of safety standards in developing countries, particularly China, India, Brazil, etc. Also, the popularity of disc brakes over drum brakes due to their technical benefits drives the automotive brake system market. Further, the growing implementation of country-wise new car assessment programs is anticipated to drive safety features such as electronic braking systems. Lastly, growing sales of premium and luxury vehicles are boosting the electronic braking system market.

• Published: May 2024

Sweeteners Market Size & Share - Future Growth Expectations

The sweeteners market is forecasted to achieve a value of USD 125.1 billion by 2028, marking a notable increase from USD 107.2 billion in 2023, with a CAGR of 3.1% during the 2023-2028 forecast period. This growth is attributed to the wide-ranging applications of sweeteners across industries such as food, beverage, personal care, and pharmaceuticals.

• Published: May 2024

Sterilization Equipment Market Size & Share - Global Future Growth Expectations

The global sterilization equipment market is valued at an estimated USD 16.8 billion in 2024 and is projected to reach USD 24.7 billion by 2029, at a CAGR of 7.9% during the forecast period. The sterilization equipment market is driven by the growing number of surgeries, rising incidence of hospital-acquired infections (HAIs) and increasing outsourcing of sterilization services among pharmaceutical companies, medical device manufacturers, and hospitals. According to the World Health Organization (WHO), of every 100 hospitalized patients at any given time, seven patients in developed countries and ten patients in developing countries acquire at least one healthcare-associated or hospital-acquired infection. Sterilization equipment is crucial for preventing and controlling the spread of such infections hence supporting the overall market growth.

• Published: May 2024

Organic Soy Protein Isolates Market - Emerging Trends and Industry Evolution

The organic soy protein isolates market, currently valued at USD 197 million in 2024 and poised to achieve a 5.4% CAGR, reaching USD 257 million by 2029, is experiencing transformative shifts and innovations. The organic soy protein market represents a dynamic and diverse sector within the food industry, encompassing products like organic soy protein isolate. In recent times, there has been a consistent surge in the demand for organic soy protein products, driven by various factors, and this upward trajectory appears to continue.

• Published: May 2024

Automotive V2X Size & Share - Future Growth Expectations

The global automotive V2X market is projected to grow from USD 0.5 billion in 2023 to USD 9.5 billion by 2030, at a CAGR of 51.9%. The demand for automotive Vehicle-to-Everything (V2X) technology is expected to increase significantly, driven by factors such as the growing demand for autonomous vehicles and escalating concerns regarding environmental pollution. The market's expansion is further influenced by the increasing need for connected car technology. Robust governmental support for V2X technology, coupled with advancements in 5G technology, is foreseen to create novel opportunities within this market.

• Published: May 2024

Gas Insulated Switchgear Industry - Emerging Trends to Fuel the Global Growth

The global gas insulated switchgear market is expected to reach USD 31.6 billion by 2028 from USD 23.8 billion in 2023, at a CAGR of 5.8% during the forecast period. The gas insulated switchgear market is poised for substantial growth during the forecast period, primarily due to the expected strengthening of power distribution infrastructure in response to the growing demand for electricity.

• Published: May 2024

Gas Insulated Switchgear Market Size, Share, Growth Analysis & Forecast

The global gas insulated switchgear market is projected to reach USD 31.6 billion by 2028 from USD 23.8 billion in 2023, at a CAGR of 5.8% during the forecast period. The major factors driving the growth of this market primarily due to the expected strengthening of power distribution infrastructure in response to the growing demand for electricity.

• Published: May 2024

Top Companies in AI in Chemicals - Microsoft (US), Schneider Electric (France)

The AI in chemicals market is expected to grow from USD 0.7  billion in 2024 to USD 3.8 billion in 2029, at a CAGR of 39.2%  during the forecast period. The AI in chemicals market is experiencing a significant shift with the growing integration of AI in R&D, driven by the need for innovation and efficiency. There is a rising demand for AI-enhanced chemical process optimization, fueled by the industry's quest for cost-effectiveness and sustainability.

• Published: May 2024

Racing Simulator Industry - Forthcoming Trends to Fuel the Global Growth

The racing simulator market is estimated to grow from USD 0.5 billion in 2024 to USD 1.1 billion by 2030, at a CAGR of 15.6% during the forecast period. The base year for the report is 2023, and the forecast period is 2024 to 2030. The market is expected to witness rapid growth with the rapid advancement of technology and the growing popularity of eSport events in countries such as North America, and Europe and developing countries like China, India, Brazil, etc. Also, the popularity of racing simulators is seeing a boost due to the accessibility of racing simulators to a wider audience as players can experience high-quality racing simulation while being in the comfort of their homes. Further, the growing racing communities and competition are driving the market as simulation racing provides a platform for racing enthusiasts to connect with like-minded individuals from around the world. Online multiplayer modes allow players to compete in races, leagues, and championships, fostering a vibrant and competitive community.

• Published: May 2024

Racing Simulator Market Size & Share - Future Growth Expectations

The racing simulator market is estimated to grow from USD 0.5 billion in 2024 to USD 1.1 billion by 2030, at a CAGR of 15.6% during the forecast period. The base year for the report is 2023, and the forecast period is 2024 to 2030. The market is expected to witness rapid growth with the rapid advancement of technology and the growing popularity of eSport events in countries such as North America, and Europe and developing countries like China, India, Brazil, etc. Also, the popularity of racing simulators is seeing a boost due to the accessibility of racing simulators to a wider audience as players can experience high-quality racing simulation while being in the comfort of their homes. Further, the growing racing communities and competition are driving the market as simulation racing provides a platform for racing enthusiasts to connect with like-minded individuals from around the world. Online multiplayer modes allow players to compete in races, leagues, and championships, fostering a vibrant and competitive community.

• Published: May 2024

Hydrogen Industry - Forthcoming Trends to Fuel Global Growth in a Low-Carbon Era

The Hydrogen Industry includes the production, storage, distribution, and use of hydrogen as a clean energy carrier, which is critical to the transition to a low-carbon economy. This business uses a variety of hydrogen production processes, including steam methane reforming, electrolysis, and biomass gasification, with a rising emphasis on green hydrogen derived from renewable energy sources. Hydrogen storage solutions include high-pressure tanks, sophisticated metal hydrides, and chemical storage systems. Pipelines, tanker trucks, and refueling stations are part of the distribution network, making hydrogen more accessible for use in transportation, industrial operations, and power generation. The hydrogen industry, backed by continued research and development and favorable policies, is positioned to play a major role in lowering greenhouse gas emissions and reaching sustainable energy targets.

The hydrogen market size was valued at $242.7 billion in 2023, and is projected to reach $410.6 billion by 2030, growing at a CAGR of 7.8% from 2023 to 2030. The development of hydrogen infrastructure across various countries such as China, India, US, Germany etc. is fueling to the growth of hydrogen market. The growth in hydrogen demand in recent years is due to the increasing government focus on developing hydrogen-based economies and investment in the hydrogen infrastructure. The market for hydrogen is projected to benefit greatly from the rising usage of low emission fuel.

• Published: May 2024

Hydrogen Market Size & Share - Future Growth Expectations

The Hydrogen Market size was valued at USD 242.7 billion in 2023 and is projected to reach USD 410.6 billion by 2030, exhibiting a robust compound annual growth rate (CAGR) of 7.8% during the forecast period.The growth in hydrogen demand in recent years is due to the increasing government focus on developing hydrogen-based economies and investment in the hydrogen infrastructure. The market for hydrogen is projected to benefit greatly from the rising usage of low emission fuel.

• Published: May 2024

Cell Culture Industry - Emerging Trends and Their Impact on Industry Growth

The cell culture market is projected to reach USD 57.9 billion by 2029 from an estimated USD 30.9 billion in 2024, at a CAGR of 13.4% during the forecast period. The major factors driving the growth of this cell culture market include growing government support and fundings for cell-based research, rising adoption of single-use technologies, and increasing incidences of infectious diseases.

• Published: May 2024

Electric Commercial Vehicle Industry - Forthcoming Trends to Fuel the Global Growth

The global Electric Commercial Vehicle Market is projected to grow from USD 70.9 billion in 2024 to USD 255.6 billion by 2030, registering a CAGR of 23.8%. The electric commercial vehicle (ECV) market for vehicle such as trucks, pickup trucks, vans and buses  is experiencing a surge fueled by environmental, economic, and technological factors. Growing environmental concerns and stricter emission regulations are a shift towards cleaner transportation solutions. Governments worldwide actively support prompting this transition by offering financial incentives like subsidies and tax breaks, making ECVs more financially attractive than traditional gasoline-powered models.

• Published: May 2024

In-Circuit Test Industry - Forthcoming Trends to Fuel the Global Growth

The global In-circuit test market is anticipated to achieve a valuation of USD 1.4 billion by 2028, up from USD 1.2 billion in 2023, marking a Compound Annual Growth Rate (CAGR) of 3.6% during the forecast period spanning from 2023 to 2028. The growth in in-circuit test demand in recent years is due to the increased investment in wireless communication and automotive projects due to growing consumer electronics industry. The market for in-circuit tests is projected to benefit greatly from the rising usage of smartphones and televisions.

• Published: May 2024

Electric Commercial Vehicle Market Size & Share - Future Growth Expectations

The global Electric Commercial Vehicle Market is projected to grow from USD 70.9 billion in 2024 to USD 255.6 billion by 2030, registering a CAGR of 23.8%. The electric commercial vehicle (ECV) market for vehicle such as trucks, pickup trucks, vans and buses  is experiencing a surge fueled by environmental, economic, and technological factors. Growing environmental concerns and stricter emission regulations are a shift towards cleaner transportation solutions. Governments worldwide actively support prompting this transition by offering financial incentives like subsidies and tax breaks, making ECVs more financially attractive than traditional gasoline-powered models.

• Published: May 2024

In-Circuit Test Market Size & Share - Future Growth Expectations

The In-Circuit Test market is expected to reach USD 1.4 billion in 2028 from USD 1.4 billion in 2023, at a CAGR of 3.6% during the forecast period. The growth in in-circuit test demand in recent years is due to the increased investment in wireless communication and automotive projects due to growing consumer electronics industry. The market for in-circuit tests is projected to benefit greatly from the rising usage of smartphones and televisions.

 

• Published: May 2024

Cell Culture Market Size & Share - Future Growth Projections

The cell culture market is projected to reach USD 57.9 billion by 2029 from an estimated USD 30.9 billion in 2024, at a CAGR of 13.4% during the forecast period. The major factors driving the growth of this cell culture market include growing government support and fundings for cell-based research, rising adoption of single-use technologies, and increasing incidences of infectious diseases.

• Published: May 2024

Industrial Filtration Industry - Future Trends and Opportunities in the Market

The global industrial filtration market is expected to reach USD 47.1 billion by 2029 from USD 37.1 billion in 2024, at a CAGR of 4.9% during the forecast period. The major factors driving the growth of this market include stringent environmental regulations demand cleaner production processes, fostering the adoption of advanced filtration systems.

• Published: May 2024

Industrial Filtration Market Size & Share - Future Growth Expectations

The global industrial filtration market is expected to grow from USD 37.1 billion in 2024 to USD 47.1 billion by 2029, at a CAGR of 4.9% during the forecast period. The major factors driving the growth of this market include stringent environmental regulations demand cleaner production processes, fostering the adoption of advanced filtration systems.

• Published: May 2024

EV Battery Industry - Forthcoming Trends to Fuel the Global Growth

The global EV battery market is projected to grow from USD 132.6 billion in 2023 to USD 508.8 billion by 2033, registering a CAGR of 14.4%. The increasing demand for EV batteries is driven by a combination of technological advancements, environmental concerns, supportive government policies, decreasing costs, and the growing popularity of electric vehicles among consumers. Continuous research and development in battery technologies are leading to improved energy densities, longer battery life, faster charging times, and reduced costs. Advancements like solid-state batteries, lithium-sulfur batteries, and other emerging technologies are pushing the market forward.

• Published: May 2024

EV Battery Market Size & Share - Future Growth Expectations

The global EV battery market is projected to grow from USD 132.6 billion in 2023 to USD 508.8 billion by 2033, registering a CAGR of 14.4%. The increasing demand for EV batteries is driven by a combination of technological advancements, environmental concerns, supportive government policies, decreasing costs, and the growing popularity of electric vehicles among consumers. Continuous research and development in battery technologies are leading to improved energy densities, longer battery life, faster charging times, and reduced costs. Advancements like solid-state batteries, lithium-sulfur batteries, and other emerging technologies are pushing the market forward.

• Published: May 2024

Genomics Industry - Forthcoming Trends and Their Impact on Industry Growth

The genomics market is projected to reach USD 83.1 billion by 2028 from USD 46.2 billion in 2023, at a CAGR of 12.4% during the forecast period of 2023 to 2028. Governments in various countries have made significant investments in the field of genomics, also rising prevalence of diseases globally, coupled with the proven efficacy of PCR analysis in diagnosing and estimating disease-causing microbes, is likely to boost the use of clinical diagnostic tests and support market growth.

• Published: May 2024

Top Companies in Micro Combined Heat and Power Industry - AISIN CORPORATION (Japan), 2G Energy (Germany) and BOSCH INDUSTRIEKESSEL GMBH (Germany)

The global micro combined heat and power market is projected to reach USD 4.8 billion by 2029 from an estimated USD 3.1 billion in 2024, at a CAGR of 9.4% during the forecast period. The global market for micro combined heat and power market is propelled by its ability to deliver significant benefits in terms of energy efficiency, cost savings, and environmental sustainability.

• Published: May 2024

Genomics Market Size & Share - Global Future Growth Expectations

The genomics market is projected to reach USD 83.1 billion by 2028 from USD 46.2 billion in 2023, at a CAGR of 12.4% during the forecast period of 2023 to 2028. Governments in various countries have made significant investments in the field of genomics, also rising prevalence of diseases globally, coupled with the proven efficacy of PCR analysis in diagnosing and estimating disease-causing microbes, is likely to boost the use of clinical diagnostic tests and support market growth.

• Published: May 2024

Top Companies in Cardiac Monitoring & Cardiac Rhythm Management Devices Market: Medtronic (Ireland) and Abbott Laboratories (US) are the Leading Players

The global cardiac monitoring & cardiac rhythm management devices market is expected to reach USD 26.4 Billion by 2029 from USD 21.3 Billion in 2024, at a CAGR of 4.3% during the forecast period. The growth of this market is majorly driven by growing geriatric population and subsequent increase in CVD prevalence as well as availability of reimbursement for CM & CRM devices. However, Lack of skilled professionals is one of the challenges for which may obstruct the growth of this market.

• Published: May 2024

Top Companies in Cloud-based Contact Center Industry - NICE (Israel), AWS (US) and Genesys (US)

The global cloud-based contact center market is projected to register a CAGR of 26.9% during the forecast period, reaching USD 86.4 billion by 2029 from an estimated USD 26.2 billion in 2024. Major factors to boost the market growth include the increasing need for tailored and efficient engagements, growing impact of social media on contact center operations, continuous transition to cloud-based contact centers, and rising adoption of advanced contact center technologies.

• Published: May 2024

Engineered Wood Adhesives Companies - AICA Kogyo Co., Ltd (Japan) and Hexion (US) are Leading players in the Engineered Wood Adhesives Market

The global engineered wood adhesives market size is projected to grow from USD 8.7 billion in 2024 to USD 10.5 billion in 2029, at a CAGR of 3.7%. The propulsion of this market growth is largely attributed to the burgeoning demand from the wooden house construction sector.

• Published: May 2024

Generator Industry - Set to Reach New Heights in Response to Increasing Energy Needs

The generator market is expected to reach USD 34.5 billion in 2030 from USD 23.1 billion in 2023, at a CAGR of 5.9% during the forecast period. The major factors driving the growth of this market include the uninterrupted power supply, industrialization, urbanization, and population growth, has led to a significant increase in power generation capacity worldwide.

 

• Published: May 2024

Generator Market Size & Share - Future Growth Expectations

The generator market is expected to reach USD 34.5 billion in 2030 from USD 23.1 billion in 2023, at a CAGR of 5.9% during the forecast period.

• Published: May 2024

Diesel Generator Industry - Emerging Trends to Fuel the Global Growth

The global diesel generator market is expected to grow from an estimated USD 17.9 billion in 2024 to USD 23.4 billion by 2029, at a CAGR of 5.4% during the forecast period. Diesel generators are known for their long lifespan and robust construction, which enable them to run continuously during emergencies for longer periods of time. Diesel generators are essential because they provide reliable and constant source of electricity during power outages and emergencies.

• Published: May 2024

EV Charging Station Industry - Trends and Insights in the EV Charging Infrastructure Industry

The EV Charging Station Market is projected to grow from USD 7.3 billion in 2024 to USD 12.1 billion by 2030, at a CAGR of 8.8%. The demand for EV Charging solutions is expected to increase significantly, driven by government policies and subsidies to expedite the setup of EV charging infrastructure. The limited driving range of EVs further highlights the need for vast charging infrastructure development. Additionally, the decreasing price of EVs in the global market is anticipated to fuel both EV sales and the demand for EV charging stations. Innovations such as vehicle-to-grid (V2G) EV charging stations will also drive the EV charging station market.

• Published: May 2024

Sweeteners Industry - Forthcoming Trends to Fuel the Global Growth

The global sweeteners market is anticipated to achieve a valuation of USD 125.1 billion by 2028, up from USD 107.2 billion in 2023, marking a Compound Annual Growth Rate (CAGR) of 3.1% during the forecast period spanning from 2023 to 2028. This growth trajectory is attributed to the widespread use of sweeteners across diverse sectors, including food, beverage, personal care, and pharmaceuticals. Sweeteners play a pivotal role in the food industry by enhancing the taste and sweetness of various products such as bakery items, confectioneries, and dairy products.

• Published: May 2024

EV Charging Station Size & Share - Future Growth Expectations

The EV Charging Station market is projected to grow from USD 7.3 billion in 2024 to USD 12.1 billion by 2030, at a CAGR of 8.8%. The demand for EV Charging solutions is expected to increase significantly, driven by government policies and subsidies to expedite the setup of EV charging infrastructure. The limited driving range of EVs further highlights the need for vast charging infrastructure development. Additionally, the decreasing price of EVs in the global market is anticipated to fuel both EV sales and the demand for EV charging stations. Innovations such as vehicle-to-grid (V2G) EV charging stations will also drive the EV charging station market.

• Published: May 2024