The global construction lubricants market size is expected to reach USD 18.25 billion by 2023, reaching a CAGR of 4.2% during the forecast period. The increased adoption of high-performance lubricants to improve the efficacy of equipment and the development of zinc-free (ashless) lubricants will drive the market growth of the global construction lubricants industry. Rapid urbanization and industri . . .
The Global ESG Reporting Software Market is expected to grow to USD 2.8 billion by 2030; thereby registering a 7.1% CAGR during the forecast period. The ESG reporting software provides information about organizations’ operations in three areas: environmental, social, and corporate governance. Due to the imperative need for organizations, institutions, and a wide range of stakeholders to addr . . .
The Global Analgesic Infusion Pump Market is expected to grow at a 6.10% CAGR during the forecast period. Analgesic infusion pumps are instruments used to carry analgesic drugs or painkiller directly into the patient’s body for pain management. It could also pertain to medications that are provided in this manner in order to ease pain without providing sedating effects on the patient. Techno . . .
The Global Smart Card IC Market is expected to grow substantially to USD 5.8 billion by 2030 and will register an 8.7% CAGR during the forecast period. The increased demand for contactless payments, surge in adoption of Subscriber Identification Module (SIM) cards for mobile phones, mounting deployment of electronic identification cards in educational institutions and e-governance projects, increa . . .
The global automotive differential market is expected to expand at a CAGR of 5.9 percent from 2023`to 2030. It is expected to grow from a market size of USD 18.8 billion in 2022 to USD 26.2 billion by 2030. The demand for improved road traction and fuel efficiency are two major factors driving the growth of the automotive differential industry. With a vehicle demand, the automotive diffe . . .
The global automotive diagnostic scan tools market is estimated to be USD 42.0 billion in 2022 and is predicted to reach USD 55.5 billion by 2030, growing at a CAGR of 5.5% during the forecast period. Increasing digitalization process in the automobile domain along with technological upgradation are the key trends observed in the global automotive diagnostic scan tools market. Te . . .
From USD 46.0 billion in 2022, the global hybrid powertrain systems market is predicted to grow to USD 57.4 billion by 2030, registering a CAGR of 4.5% during the forecast period (2023–2030). Increasing use of electronic components and rapid demand of hybrid vehicles are the key trends expected to enhance the growth of global hybrid powertrain systems market. Hybrid and ele . . .
The global road freight transportation market is forecast to grow at a CAGR of 7.4% between 2023 and 2030. The improved economic status has led the individuals to demand more throughout the globe, furthermore the tax relaxations between the countries to improve economic relationship acts as a crucial factor for the growth of the global road freight transportation market. Furthermore, with . . .
The global automotive financing market was valued at USD 221.0 billion in 2022 and is expected to reach USD 321.8 billion by 2030, growing at a CAGR of 7.4% during 2023-2030. In order to gain hassle free and quick financing for autonomous vehicles or for purchasing new or old vehicles customers are choosing the service providers that avails them consulting services powered by data driven imme . . .
The global unmanned surface vehicle (USV) market was valued at USD 1,513.0 million in 2022 and is expected to reach USD 3,098.0 million by 2030, growing at a CAGR of 13.0% during 2023-2030. In the present scenario, climate change, pollution and other factors are immensely harming and polluting the ocean and endangering its marine life. Oceanography aims at studying about the oceans and helps . . .