Research Insight

Global Digital Twin Market Size & Future Industry Analysis

 

The global digital twin market size is expected to grow from USD 21.14 billion in 2025 to USD 149.81 billion in 2030 at a CAGR of 47.9% over the forecast period. The adoption of digital twin technology is revolutionizing operations across sectors by enabling real-time monitoring, simulation, and predictive maintenance. Integration with IoT, AI, and machine learning allows businesses to create precise virtual replicas of physical assets, processes, and systems to optimize performance and reduce downtime.

• Published: February 2026

Guerdon Modular Buildings (US) and FullStack Modular (US) are Leading Players in the North America Modular Construction Market

The North America modular construction market is projected to grow from USD 30.7 billion in 2025 to USD 40.7 billion by 2030, at a CAGR of 5.82% during the forecast period. The modular construction market in North America is expanding rapidly due to acute labor shortages, soaring construction costs, pressure for shorter project timelines, and rising demand for eco-friendly, energy-efficient structures.

• Published: January 2026

Aggreko (UK) and Caterpillar (US) are Leading Players in the Asia Pacific Power Rental Market

The Asia Pacific power rental market is projected to reach USD 4.14 billion by 2030 from an estimated USD 2.94 billion in 2025, registering a CAGR of 7.1% during the forecast period. The region is expected to be one of the fastest-growing due to an increase in construction activity, rapid industrialization, and the need for a reliable and uninterrupted source of electric power across emerging economies. The growing demand for rental power is further attributed to frequent fluctuations in electricity supply, a lack of grid connection in several areas, and the rise in the usage of renewable energy sources. Many sectors (including construction, mining, oil & gas, manufacturing, and utilities) depend on rented power equipment to assure continuity of operation and not to disrupt business. Additionally, the increasing focus on infrastructure development, disaster recovery, and data center expansion in India, China, and other Southeast Asian nations drives the market. The development of hybrid/energy-efficient rental technology will enable rental companies to provide a more sustainable, environmentally-friendly approach to meeting their customers’ power needs throughout the region.

• Published: January 2026

Linde plc (Ireland) and Chart Industries (US) are Leading Players in the Nitrogen Cryogenic Equipment Market

The nitrogen cryogenic equipment market is projected to grow from USD 4.14 billion in 2025 to USD 6.20 billion by 2030, at a CAGR of 8.4% during the forecast period (2025–2030). The nitrogen cryogenic equipment market is experiencing growth because of the rise in the demand for high-purity nitrogen in electronics, chemicals, metallurgy, and energy industries. The inerting and blanketing processes, as well as the cooling and purging of nitrogen processes, are largely dependent on the need for a reliable cryogenic storage and distribution system. The increase in semiconductor production, industrial automation, and LNG plants further contributes to demand. Moreover, the cost-effectiveness of nitrogen, the benefits of increased safety, and its accessibility favorably motivate companies to use nitrogen cryogenic solutions in place of alternative gases.

• Published: January 2026

Cisco Systems and VMware (Broadcom) are Leading Players in the Software-Defined Networking (SDN) Market

The software-defined networking (SDN) market size is projected to grow from USD 35.74 billion in 2025 to USD 82.59 billion by 2030 at a CAGR of 18.2% during the forecast period. The global software-defined networking (SDN) market is expanding due to the surge in 5G deployments and cloud-native architectures. Telecom operators and enterprises deploy SDN for dynamic network slicing that supports ultra-low latency applications like autonomous vehicles and remote surgery. SDN controllers automate traffic orchestration across multi-cloud environments, reducing latency by up to 50% compared to traditional networks. This trend accelerates as Asia Pacific nations roll out nationwide 5G, demanding scalable bandwidth management. Enterprises adopt SDN to integrate Intent-Based Networking (IBN), where AI predicts and provisions resources in real time.

• Published: January 2026

AKKIM (Turkey) and Ashland Global Holdings, Inc. (US) are Leading Players in the Carboxymethyl Cellulose Market

The carboxymethyl cellulose market size is valued at USD 3.28 billion in 2025 and is expected to reach USD 5.04 billion by 2030, at a CAGR of 8.9% during the forecast period.

• Published: January 2026

Augmented and Virtual Reality Companies - Meta (US) and Apple, Inc. (US) are the Key Players

The augmented reality (AR) and virtual reality (VR) market is estimated to reach USD 138.60 billion by 2032 from USD 40.62 billion in 2025, at a CAGR of 19.2% from 2025 to 2032.

• Published: January 2026

FRP/GRP/GRE Pipe Companies - NOV (US) and Amiantit Company (Saudi Arabia) are the Key Players

The FRP pipes market size was valued at approximately USD 5.14 billion in 2025 and is expected to reach USD 6.72 billion by 2030, projecting a CAGR of 5.5% during the forecast period between 2025 and 2030.

• Published: January 2026

Smart Home Safety Market Size, Trends & Growth Forecast

Smart Home Safety Market Overview

The smart home safety market is a critical segment of the broader smart home industry, driven by rising consumer concerns around home security, convenience, energy efficiency, and the adoption of advanced technologies such as IoT (Internet of Things), AI (Artificial Intelligence), and cloud connectivity. Smart home safety is increasingly viewed as a necessity rather than a luxury, with technologies enabling homeowners to protect assets, monitor environments, and ensure the wellbeing of occupants in real time.

• Published: January 2026

Smart Home Technology Trends Shaping the Future of Connected Living

Smart Home Technology Trends

Smart home technology is transforming the way people live, interact with their homes, and manage safety, comfort, and energy efficiency. Rapid innovation in IoT, artificial intelligence, connectivity standards, and cloud platforms is accelerating adoption across residential environments worldwide. As smart homes move from early adoption to mainstream usage, technology trends are reshaping devices, platforms, and user experiences. This article explores the top smart home technology trends driving the market forward.

• Published: January 2026

Smart Street Lighting & Connected Street Lighting Market Analysis & Industry Outlook

Smart Street Lighting & Connected Street Lighting Market Overview

The smart street lighting market and the broader connected street lighting market represent powerful examples of how smart lighting technologies are transforming urban infrastructure. These markets combine energy-efficient LED lighting with intelligent control systems, communication networks, and data analytics to create lighting networks that not only illuminate streets but also enhance safety, reduce energy costs, and support smart city initiatives. The evolving demand for connected public infrastructure and sustainability has propelled these markets forward with strong growth and adoption globally.

 

• Published: January 2026

Airport Smart Lighting Market Size, Trends & Forecast 2030

The Airport Smart Lighting Market is a rapidly evolving segment of the broader smart lighting and airport infrastructure industry, driven by the need for energy efficiency, operational safety, and enhanced passenger experience. Smart lighting technologies enable airports to integrate LED lighting with intelligent sensors, IoT-enabled controls, and data analytics platforms, delivering adaptive illumination, remote monitoring, and real-time decision-making. This transformation is reshaping airport lighting systems across runways, taxiways, terminals, and landside zones making them more efficient, sustainable, and aligned with modern aviation demands. 

 

• Published: January 2026

North America Smart Lighting Market Size, Trends & Forecast

The North America smart lighting market is one of the most developed and rapidly expanding regional segments within the global smart lighting industry. Fueled by strong smart building initiatives, sustainable energy policies, retrofitting programs, and rising adoption of IoT-enabled solutions, North America has emerged as a key hub for innovation. Connected and intelligent lighting systems — including LED luminaires, sensors, controllers, and cloud-based management platforms — are being widely deployed across commercial, residential, industrial, and public infrastructure applications in the U.S., Canada, and Mexico. 

• Published: January 2026

BASF SE (Germany) and Infineum International Limited (UK) are Leading Players in the Europe Fuel Additives Market

The Europe fuel additives market is expected to increase from USD 1.48 billion in 2025 to USD 1.70 billion in 2030, in terms of value, with a CAGR of 2.87%. This is propelled by stringent environmental regulations, the rising need for cleaner and more efficient fuels, and the high demand in automotive, marine, and industrial sectors. The market is witnessing an increase in the use of multifunctional additives, which improve engine performance, reduce emissions, and enhance fuel stability. There is also a shift towards low-sulfur and biofuel blends that need new additive formulations. Furthermore, continuous innovations in the deposit-control, cetane-improving, and corrosion-inhibiting technologies, with the better blending and manufacturing processes, allow suppliers to offer compliant high-performance additives at competitive prices. This helps drive the market growth within the region.

• Published: January 2026

Innospec Inc. (US) and The Lubrizol Corporation (US) are Leading Players in the Asia Pacific Fuel Additives Market

The Asia Pacific fuel additives market is expected to increase from USD 2.00 billion in 2025 to USD 2.53 billion in 2030, a CAGR of 4.85%. This growth is fueled by rising fuel consumption from expanding automotive fleets, rapid urbanization, and increased commercial transport in major economies like China, India, and Southeast Asia. The government is enforcing higher regulatory standards on emissions and promoting the use of cleaner, more efficient fuels. This supports refineries and fuel distributors to use higher-performance additive solutions. In addition, growth in industrial operations, aviation, and marine transport is driving the demand for additives that improve fuel efficiency, keep engines clean, and ensure reliability.

• Published: January 2026

Umicore (Belgium) and Fortum (Finland) are Leading Players in the Europe Lithium-Ion Battery Recycling Market

The Europe lithium-ion battery recycling market is projected to grow from USD 4.82 billion in 2025 to USD 15.05 billion by 2032, at a CAGR of 17.7% during the forecast period. The lithium-ion battery recycling sector in Europe is experiencing robust growth owing to the quick acceptance of electric cars as well as the rising number of end-of-life batteries in the region. The stringent regulations set by the EU regarding battery collection, recycling efficiency, and minimum recycled content are making manufacturers invest in local recycling facilities. Europe is also accelerating recycling as one of the ways to secure its critical raw materials like lithium, cobalt, and nickel, thereby reducing its reliance on imports. Emerging technologies in hydrometallurgical recycling, together with sustainability commitments by car manufacturers, are also contributing to the growth of this market.

• Published: January 2026

United Rentals, Inc. (US) and Aggreko (UK) are Leading Players in the US Power Rental Market

The US power rental market is projected to reach USD 3.86 billion by 2030 from an estimated USD 2.94 billion in 2025, at a CAGR of 5.7% during the forecast period. The US power rental market is steadily growing, driven by an increasing demand for reliable and continuous power supply across various industries. Factors such as frequent power outages, aging electrical infrastructure, and the integration of renewable energy sources have heightened the need for power rental solutions in the US. Sectors such as construction, oil and gas, metal and mining, utilities, and events rely on rented power equipment to ensure a continuous power supply for their operations. Additionally, there is a strong emphasis on disaster readiness, and the rising number of data centers is further fueling the demand for power rental services. Technological advancements and a shift toward cleaner, more efficient rental equipment also contribute to the expansion of this market.

• Published: January 2026

Continental AG (Germany) and Robert Bosch GmbH (Germany) are the Leading Player in the Automotive Digital Cockpit Market

The automotive digital cockpit market is projected to grow from USD 27.21 billion in 2025 to USD 46.26 billion in 2032 at a CAGR of 7.9% from 2025 to 2032. Growth is driven by the wider adoption of connected interfaces, larger and more advanced display systems, and software-defined cockpit architecture across all key vehicle types. Automakers are focusing on integrated infotainment, digital instrument clusters, passenger displays, and driver monitoring systems to improve safety, comfort, and personalization. Rising electric vehicle penetration is further driving the need for cockpit platforms that enable energy management, range insights, and real-time vehicle control. The shift toward centralized computing, cloud-linked features, and over-the-air service delivery is strengthening market expansion. As OEMs move toward unified cockpit electronics and subscription-based digital features, suppliers with strong hardware and software portfolios are capturing an increasing demand from both premium and mass-market programs.

• Published: January 2026

North America Smart Home Market

According to MarketsandMarkets, the Global smart home market size in the US is expected to grow from 18.90 billion in 2023 to 26.36 billion in 2029, at a CAGR of 5.8% from 2024 to 2029.

North America Smart Home Market Growth Overview

The North America smart home market is witnessing robust growth, driven by high consumer awareness, early adoption of advanced technologies, and strong penetration of IoT-enabled devices across residential spaces. The United States dominates the regional market, followed by Canada, supported by widespread use of smart speakers, security systems, connected lighting, and energy management solutions. Increasing demand for home safety, convenience, and energy efficiency is accelerating the adoption of smart home technologies across both single-family and multi-family households.

• Published: January 2026

Smart Public Lighting Market Report: Growth & Statistics

Smart Public Lighting Market Overview

The smart public lighting market is transforming urban infrastructure and public spaces by replacing traditional lighting systems with connected, energy-efficient lighting solutions. Smart public lighting involves integrating LED luminaires, sensors, wireless communication, and intelligent control systems to provide adaptive lighting, reduce energy consumption, and enable data-driven city services. In addition to improving illumination, smart public lighting systems are foundational elements in the development of smart cities, offering cost savings, reduced carbon emissions, and new capabilities such as remote monitoring and analytics.

 

• Published: January 2026

Microsoft Corporation (US) and Microchip Technology Inc. (US) are Leading Players in the Gesture Recognition and Touchless Sensing Market

The global gesture recognition and touchless sensing market is projected to reach USD 125.9 billion by 2030 from USD 28.4 billion in 2025, at a CAGR of 23.7% from 2025 to 2030. The global gesture recognition and touchless sensing market is gaining momentum as industries adopt contactless human-machine interfaces to improve usability and safety. System efficiency is also improving across deployments. Advances in computer vision and AI-based perception are strengthening gesture accuracy. Sensor fusion is improving response time and reliability. Automotive OEMs are integrating gesture interfaces into infotainment systems. Consumer electronics brands are embedding touchless controls in smart displays. Industrial automation companies are deploying gesture-based factory controls. Public infrastructure is adopting touch-free interaction. Company announcements highlight reduced physical contact and hands-free operation.

• Published: January 2026

NVIDIA Corporation (US) and ANSYS, Inc. (US) are Leading Players in the ADAS Simulation Market

The ADAS simulation market is projected to grow from an estimated USD 3.79 billion in 2025 to USD 9.66 billion by 2032, registering a CAGR of 14.3%. The growth of the market is driven by the rising ADAS feature penetration, the need for scalable virtual validation, and the growing complexity of sensor fusion, perception models, and automated driving algorithms. As OEMs shift from road-dependent validation to simulation-centric development, they increasingly rely on high-fidelity virtual environments to test millions of scenarios that cannot be safely or efficiently replicated in the real world. This shift is enabling quick development cycles, improved safety assurance, and more consistent global compliance with evolving NCAP and UNECE standards. Additionally, technological advancements, including physics-accurate sensor modeling, AI-generated scenario libraries, digital twins, and large-scale cloud simulation, strengthen simulation accuracy and enable continuous software validation for emerging software-defined vehicles. At the same time, global investments in high-performance computing, automotive R&D centers, and autonomous testing infrastructure are enhancing the maturity of simulation across major automotive markets in North America, Europe, and  Asia Pacific.

• Published: January 2026

Top Companies in Mass Notification System Market - Johnson Controls (Ireland) and Honeywell (US)

The mass notification system market is projected to grow from USD 28.88 billion in 2025 to USD 80.44 billion by 2030, at a CAGR of 22.7. The market is experiencing growth as enterprises are prioritizing real-time alerting, incident orchestration, and multi-channel communication resilience. Demand is accelerated by strict emergency communication mandates, rising climate-related disruptions, and increasing workplace safety compliance. Adoption of cloud-native broadcast platforms and automated emergency response workflows is rising as organizations integrate MNS with situational awareness systems and IoT sensor networks. Vendors are enhancing redundancy management and enterprise-grade continuity features to support mission-critical communication requirements.

• Published: January 2026

Geotab Inc. (Canada) and Verizon (Verizon Connect, US) are Leading Players in the Fleet Telematics Market

The fleet telematics market is projected to grow from USD 10.42 billion in 2025 to USD 21.95 billion by 2032 at a CAGR of 11.2%. Rising fuel prices, stricter safety regulations, and the need for real-time fleet visibility are accelerating the demand for data-driven telematics solutions that directly improve operational performance. As a result, telematics providers are moving away from selling hardware and basic platform subscriptions and are instead charging for measurable performance outcomes, such as fuel savings, safety improvements, and reduced downtime. Fleets are now prioritizing solutions that show a clear financial impact rather than generic service bundles, pushing vendors to tie pricing to delivered value. At the same time, telematics platforms are creating new revenue streams through data sharing, third-party integrations, and partnerships with insurers, fuel networks, and workflow solution providers. OEMs are transforming telematics into a high-margin software business, with players such as Ford Pro bundling connectivity with maintenance, insurance, productivity tools, and job management features, strengthening their recurring-revenue models and tightening customer lock-in.

• Published: January 2026

GEOTAB and Verizon Connect are Leading Players in the Fleet Management Market

The fleet management market is projected to grow from USD 37.71 billion in 2025 to USD 70.26 billion by 2030, at a CAGR of 13.3% over the forecast period. The global fleet management market is expanding steadily as organizations seek greater control over vehicle operations, fuel costs, and driver performance. Rising transportation demand, tighter delivery timelines, and higher operating expenses are pushing fleet operators to adopt digital systems that improve visibility across dispersed vehicle networks. Regulatory pressure on driver safety, emissions compliance, and vehicle utilization is also encouraging adoption of centralized fleet monitoring tools. As fleets grow larger and more geographically distributed, manual tracking methods are proving insufficient, increasing reliance on data-driven fleet management platforms.

• Published: January 2026

Apple Inc. (US) and HARMAN International (US) are Leading Players in the Wireless Audio Device Market

The wireless audio device market is estimated to be USD 60.01 billion in 2025 and is projected to reach USD 81.39 billion by 2032, registering a CAGR of 4.4%. The growing preference for cable-free and portable audio solutions is fueling the market for wireless audio devices. These devices are increasingly integrated with broader smart device ecosystems. This integration allows for functions such as instant device pairing, voice-assisted controls, synchronized multi-device playback, and seamless switching between work and entertainment use cases, creating a convenient and connected audio experience for users.

• Published: January 2026

Nestle (Switzerland) and Danone S.A. (France) are Leading Players in the Functional Food Probiotics Market

The functional food probiotics market is estimated to be USD 57.30 billion in 2025 and is projected to reach USD 84.90 billion by 2030, at a CAGR of 8.2%. The growing consumer preference for scientifically backed and preventive nutrition offerings is fueling the proliferation of probiotics in the functional food market. The interest in probiotic ingredients is growing due to the scientifically proven benefits and ability to provide consistent colony-forming units. Functional foods represent the largest application segment for probiotics, led by fermented dairy products, functional beverages, and fortified foods. This trend reflects changing consumer eating habits and increasing awareness of the link between gut health and overall well-being. One of the defining trends influencing market dynamics is the shift from reactive approaches to healthcare toward wellness strategies that focus on everyday food-related wellness practices, thanks to the availability of regulatory clarity on approved strains and health claims in leading markets. Food manufacturers are slowly adopting targeted probiotic strains, synbiotic compositions, and stable-ounce delivery forms as they cater to consumer interest in clean label, low-sugar, and botanical-functional foods. Such probiotic-supplemented foods have gotten massive acceptance among all age groups for their efficacy in improving digestive health, boosting the absorption of essential nutrients, and developing a resilient immune system. This underlines the pivotal position of probiotic ingredients in the overall functional food sector.

• Published: January 2026

RusAL (Russia) and Hulamin (South Africa) are Leading Players in the Aluminum Foil Packaging Market

The aluminum foil packaging market is projected to grow from USD 15.49 billion in 2025 to USD 19.21 billion by 2030, at a CAGR of 4.39% during the forecast period. The long shelf life offered to food products due to excellent barrier properties, high and consistent demand for aluminum foils from major end-use industries such as pharmaceuticals and personal care, rapid growth of the e-commerce sector requiring lightweight and protective packaging, and increasing concern about sustainability are driving the demand for aluminum foil packaging during the forecast period.

• Published: January 2026

Small Satellite Companies - SpaceX (US) and Airbus Defence and Space (France) are the Key Players

The small satellite market is expected to grow from USD 9.35 billion in 2025 to USD 32.13 billion by 2030, with a CAGR of 28.0%. The global market is mainly driven by the expansion of LEO constellations that support broadband connectivity and Earth observation missions. Governments are also increasingly using small satellites for ISR, PNT, and tactical communication, which creates steady demand. Meanwhile, lower manufacturing and launch costs are making it possible to replace satellites more frequently and launch them in larger quantities. Additionally, the rise of downstream applications needing frequent data updates is boosting demand for large, scalable small satellite constellations.

• Published: January 2026

Hexagon AB and Trimble are Leading Players in the Geospatial Intelligence (GeoAI) Market

The geospatial intelligence (GeoAI) market is estimated to be valued at USD 37.13 billion in 2025 and is projected to reach USD 62.88 billion by 2030, registering a CAGR of 11.1%. The market is undergoing a transition from conventional geospatial data handling to intelligence-driven spatial analysis, which integrates artificial intelligence, machine learning, and advanced analytics. This evolution supports automated interpretation of satellite imagery, spatial pattern recognition, and predictive insights across large geospatial datasets. Growth is supported by the increased use of earth observation data, the expansion of defense and security intelligence programs, and the rising adoption of location-based analytics by enterprises for infrastructure planning, logistics optimization, and environmental monitoring. Cloud computing and scalable analytics platforms further enable real-time processing and integration of geospatial intelligence into operational workflows.

• Published: January 2026

Dr. Paul Lohmann GmbH & Co. KGAA (Germany) and Kerry Group (Ireland) are Leading Players in the Calcium Acetate Market

The calcium acetate market is projected to grow from USD 0.14 billion in 2025 to USD 0.16 billion by 2030, at a CAGR of 4.0% during the forecast period.

• Published: January 2026

Market Leadership - Industrial Control & Factory Automation Market

The industrial control & factory automation is projected to be worth USD 274.99 billion in 2025 and is expected to reach USD 435.24 billion by 2030, at a CAGR of 9.6% from 2025 to 2030. The industrial control & factory automation market is growing as manufacturers look for practical ways to run their operations more efficiently and consistently. Rising labor constraints and cost pressures are leading companies to automate repetitive tasks and improve process control across production lines. At the same time, wider use of connected systems and real-time data is helping factories make better operational decisions and support long-term improvements.

• Published: January 2026

W.L.Gore & Associates, Inc. (US) and Garlock (US) are Leading Players in the Soft Gaskets Market

The market for soft gaskets is driven by their continuous requirement in the automotive, industrial machinery, and refinery industries, among others. The market is dominated by key manufacturers such as W.L. Gore & Associates, Inc. (US), Garlock (US), Klinger Group (Austria), Datwyler Holding AG (Switzerland), Trelleborg (Sweden), Tenneco (US), IGP Group (India), Flexitallic (US), James Walker Group (UK), and Freudenberg Sealing Technologies (Germany). These players have followed many product launches, deals, and expansions from November 2020 to November 2025 to expand their market share and geographical reach.

• Published: January 2026

Airbus (France) and Thales Alenia Space (France) are Leading Players in the Earth Observation (EO) Small Satellite Market

The Earth observation (EO) small satellite market is projected to grow from USD 2.64 billion in 2025 to USD 5.52 billion by 2030 at a CAGR of 15.9%. The demand for EO small satellites is increasing as the government and commercial sectors require fast access to high-resolution geospatial data.

• Published: January 2026

Honeywell International Inc. (US) and Texas Instruments Incorporated (US) are Leading Players in the Resistive Temperature Detector (RTD) Temperature Sensor Market

The resistive temperature detector (RTD) temperature sensor market is projected to grow from USD 1.64 billion in 2025 to USD 1.96 billion by 2030, at a CAGR of 3.7% from 2025 to 2030. Growth in consumer electronics, EV battery thermal management, and medical diagnostics further accelerates RTD deployment, as devices require tighter thermal control to ensure optimal performance and safety. Moreover, the shift toward predictive maintenance, AI-driven diagnostics, and remote monitoring amplifies the adoption of digital RTDs, positioning them as the preferred architecture for next-generation temperature sensing applications.

• Published: January 2026

SG Fleet and FleetPartners are Leading Players in the ANZ Fleet Management Market

The fleet management market in Australia & New Zealand is projected to grow from USD 0.76 billion in 2025 to USD 1.76 billion by 2030 at a Compound Annual Growth Rate (CAGR) of 18.3% during the forecast period.

• Published: January 2026

ATCO Ltd. (Canada) and Laing ORourke (UK) are Leading Players in the Permanent Modular Construction Market

The permanent modular construction market is projected to grow from USD  85.51 billion in 2025 to USD 111.75 billion by 2030, at a CAGR of 5.50% during the forecast period. The permanent modular construction business is on the rise due to the need for time-saving and cost-effective construction, labor shortages, and housing shortages & targets.

• Published: January 2026

General Atomics (US) and Lockheed Martin Corporation (US) are Leading Players in the Tactical UAV (Drone) Market

The tactical UAV (drone) market is expected to reach USD 7.86 billion by 2030, from USD 5.27 billion in 2025, with a CAGR of 8.3%. This growth is driven by increasing demand for ISR and situational awareness in challenging operational environments where quick decision-making is crucial. Growing emphasis on minimizing personnel risk and enhancing standoff capabilities is driving the adoption of unmanned platforms. Progress in autonomy, secure datalinks, and modular payloads further enable broader operational applications.

• Published: January 2026

Basler AG (Germany) and Teledyne Technologies Inc. (US) are Leading Players in the Machine Vision Camera Market

The machine vision camera market is projected to grow from USD 6.73 billion in 2025 to USD 10.19 billion by 2030, at a CAGR of 8.6%. The growth of this market is driven by the accelerating adoption of automation across electronics and automotive manufacturing, rising demand for high-speed and high-precision inspection, and expanding semiconductor production. The rapid integration of AI-powered vision systems and advanced CMOS imaging technologies is further enhancing inspection accuracy, enabling manufacturers to reduce defects, strengthen traceability, and optimize operational efficiency across production environments.

• Published: January 2026

Automated Guided Vehicle (AGV) Market Share - Overview & Insights

Automated Guided Vehicle (AGV) Market Share & Growth Outlook

The global Automated Guided Vehicle (AGV) market Share was valued at USD 2.56 billion in 2024 and is projected to reach USD 3.78 billion by 2029, expanding at a CAGR of 8.1% during the forecast period. AGVs are pivotal for automating material movement in warehouses, distribution centers, and manufacturing facilities, enhancing productivity while reducing labor intensity and operational bottlenecks. 

• By 2024 – The global Automated Guided Vehicle (AGV) market stood at USD 2.56 billion

• By 2029 – The AGV market is projected to reach USD 3.78 billion

• 2024–2029 – The market is expected to expand at a CAGR of 8.1%

• Forecast Period – Growth driven by rising adoption of automation in warehouses, distribution centers, and manufacturing facilities

• Market Impact – AGVs enable efficient material movement, reduced labor intensity, and improved operational productivity

• Published: January 2026

Cryogenic Equipment Market Share, Trends, and Analysis Report

The global cryogenic equipment market share is projected to grow from $11.9 billion in 2023 to $16.6 billion by 2028, achieving a 6.9% compound annual growth rate, according to MarketsandMarkets' Cryogenic Equipment Market Analysis. This robust expansion reflects the essential role these specialized systems play in enabling the storage, transport, and handling of ultra-low temperature materials across diverse industrial applications worldwide.

• Published: January 2026

Market Leaders - Farm Implements Market

The farm implements market is expected to reach USD 66.21 billion by 2032, from USD 43.27 billion in 2025, with a CAGR of 6.3%. The market is mainly driven by the rise in precision-based farming, increased sales of tractors, and the need to enhance operational efficiency. Continuous innovation by leading OEMs in advanced tillage, planting, spraying, and harvesting implements further supports the global market growth.

• Published: January 2026

Artificial Lift Market Share, Trends, and Analysis Report

The global artificial lift market share is projected to grow from $7.3 billion in 2023 to $9.0 billion by 2028, achieving a 4.4% compound annual growth rate, according to MarketsandMarkets' Artificial Lift Market Analysis. This steady expansion reflects the critical role these systems play in maximizing production from aging oil and gas infrastructure worldwide.

• Published: January 2026

Power Rental Market Share, Trends, Analysis and Outlook

The global power rental market share is projected to grow from an estimated USD 10.8 billion in 2024 to USD 14.2 billion by 2029 at a compound annual growth rate (CAGR) of approximately 5.6 % over the forecast period (2024–2029). The power rental market is experiencing robust growth worldwide as industries, utilities, and infrastructure projects increasingly turn to flexible and cost-effective temporary power solutions.

• Published: January 2026

Industrial Automation Market - Global Forecast To 2030

Industrial Automation Market, By Region

Fastest-Growing Region: Asia Pacific

Key Points

• Rapid expansion of manufacturing capacity
• Strong investments in smart factory initiatives
• Growing adoption of automation technologies

Asia Pacific is the fastest-growing regional market for industrial automation, driven by accelerating industrialization and increasing adoption of automated production systems. Manufacturers across the region are investing in factory automation to improve efficiency, enhance output quality, and reduce reliance on manual labor. Strong growth across electronics, automotive, and heavy manufacturing sectors continues to support demand for automation solutions. As a result, the Asia Pacific industrial automation market is projected to grow at a CAGR of 10.5% during 2025–2030.

To know about the assumptions considered for the study download the pdf brochure

• Published: January 2026

Global NDT Industry Outlook Market Growth, Trends, and Future Opportunities

The non-destructive testing (NDT) industry plays a critical role in ensuring the safety, reliability, and performance of industrial assets without causing damage to materials or components. NDT and inspection techniques are widely used to detect defects, assess structural integrity, and support compliance with stringent safety standards across multiple industries.

The global NDT and inspection market is projected to grow from USD 14.99 billion in 2025 to USD 22.34 billion by 2030, registering a robust CAGR of 8.3% during the forecast period. This growth reflects the increasing reliance on advanced testing technologies, predictive maintenance strategies, and digital inspection solutions.

• Published: January 2026

Enhanced Fire Protection Systems Market: Growth, Trends, and Forecast to 2030

Enhanced Fire Protection Systems Market Overview

The enhanced fire protection systems market represents a critical component of global safety infrastructure, addressing the growing need to protect lives, assets, and operational continuity across residential, commercial, and industrial environments. Fire protection systems encompass detection, alarm, suppression, and control solutions designed to prevent fire incidents, limit damage, and ensure rapid response during emergencies. As urbanization accelerates and infrastructure becomes more complex, enhanced fire protection systems are evolving beyond conventional designs to incorporate intelligent, connected, and automated technologies that improve accuracy, reliability, and compliance.

The global fire protection system market is projected to grow from USD 85.06 billion in 2025 to USD 118.14 billion by 2030, registering a CAGR of 6.8% during the forecast period. This growth reflects increasing awareness of fire safety, stricter regulatory frameworks, and sustained investments in commercial and industrial construction worldwide. Enhanced systems that integrate digital intelligence, IoT connectivity, and advanced suppression mechanisms are gaining strong traction as organizations prioritize proactive risk management and resilience.

• Published: January 2026

W.L. Gore & Associates, Inc. (US), Garlock (US) are Leading players in the Non-metallic Gaskets market

The market for non-metallic gaskets is driven by their continuous requirement in power generation, industrial machinery, and oil & gas industries, among others. The non-metallic gaskets market is dominated by key manufacturers such as W.L. Gore & Associates, Inc. (US), Garlock (US), Klinger Group (Austria), Datwyler Holding AG (Switzerland), Donit Tesnit (Slovenia), Mersen (France), IGP Group (India), Flexitallic (US), James Walker Group (UK), and Lamons (US). These players have executed many product launches, deals, and expansions from November 2020 to November 2025 to expand their market share and geographical reach.

• Published: January 2026

Market Leaders - Permanent Modular Construction Market

The permanent modular construction market is projected to grow from USD  85.51 billion in 2025 to USD 111.75 billion by 2030, at a CAGR of 5.50% during the forecast period. The permanent modular construction business is on the rise due to the need for time-saving and cost-effective construction, labor shortages, and housing shortages & targets.

• Published: January 2026

UAE Fire Protection Systems Market Growth Drivers, Segmentation, and Future Outlook

UAE Fire Protection Systems Market Overview

The UAE fire protection systems market is witnessing robust growth driven by rapid urbanization, large-scale infrastructure development, stringent fire safety regulations, and increasing investments in commercial, industrial, and residential construction. Fire protection systems play a critical role in safeguarding life, property, and assets across high-rise buildings, oil & gas facilities, manufacturing plants, airports, and smart cities. As the UAE continues to position itself as a global hub for business, tourism, and innovation, the demand for advanced fire detection, suppression, and alarm systems is accelerating steadily.

The global fire protection system market is projected to grow from USD 85.06 billion in 2025 to USD 118.14 billion by 2030 at a CAGR of 6.8% during the forecast period.

• Published: January 2026