LiDAR Industry worth $3.7 billion by 2029

The report "LiDAR Market by Component (Laser Scanners, Navigation and Positioning Systems, Other Components), Installation (Airborne, Ground-based), Type (Mechanical, Solid-state), Range (Short, Medium, Long), Service, Region - Global Forecast to 2029" The LiDAR industry is projected to grow from USD 1.6 billion in 2024 to reach USD 3.7 billion by 2029; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 18.2% from 2024 to 2029.The growth of the LiDAR market is driven by surge in the demand for 3D imagery in application areas, rise in the development of smart cities and infrastructure projects, emergence of 4D LiDAR, rising adoption of LiDAR systems in UAVs.

Bottled Water Processing Market worth $466.55 billion by 2028

According to a research report "Bottled Water Processing Market by Product Type (Still Water and Sparkling Water), Packaging Material, Technology (Ion Exchange & Demineralization, Disinfection, Filtration, and Packaging), Equipment and Region - Global Forecast to 2028" published by MarketsandMarkets, the bottled water processing market comprises the bottled water market and the bottled water equipment market. The bottled water market is projected to reach USD  457.1 billion by 2028 from USD  311.1 billion by 2023, at a CAGR of 8.0% during the forecast period in terms of value.

Pet Food Ingredients Industry worth $47.4 billion by 2028

According to a research report "Pet Food Ingredients Market by Ingredient (Meat & Meat Products Cereals, Vegetables & Fruits Fats, and Additives), Source (Animal-Based, Plant Derivatives, and Synthetic), Pet (Dogs, Cats, and Fish), Form, and Region - Global Forecast to 2028" published by MarketsandMarkets, the global market for pet food ingredients is estimated at USD 34.2 billion in 2023 and is projected to reach USD 47.4 billion by 2028, at a CAGR of 6.8% during the forecast period. The global pet food ingredients market has witnessed remarkable growth in recent years, driven by advancements in pet nutrition research that have spurred the development of specialty components that cater to specific nutritional requirements, hence contributing to the market's growth. The industry's dynamic character reflects evolving pet ownership trends, with more individuals choosing pets and demanding premium, personalized nutrition solutions for their furry companions. Overall, the pet food ingredients sector is seeing strong growth, owing to a combination of changing customer preferences, improved awareness of pet health, and the continued trend of humanizing pets.

Interactive Kiosk Industry worth $48.8 billion by 2029

The report "Interactive Kiosk Market by Offering (Hardware, Software & Services), Type (Banking, Self-service, Vending), Location (Indoor, Outdoor), Panel Size, Vertical (Retail, Transportation, Hospitality) and Region - Global Forecast to 2029" The global interactive kiosk market was valued at USD 31.8 billion in 2023 and is projected to reach USD 48.8 billion by 2029; it is expected to register a CAGR of 8.9% during the forecast period. The rise in demand for interactive kiosk systems is attributed to the rising demand for self-service in banking and financial services, enhanced applications over conventional services, and enhanced shopping experience for customers.

Decorative Concrete Market worth $24.3 billion by 2028

The report "Decorative Concrete Market by Type (Stamped, Stained, Colored, Polished, Epoxy, Concrete Overlays), Application (Floors, Walls, Driveways & sidewalks, Pool decks), End-use Industry (Residential, Non-residential), and Region - Global Forecast to 2028", size is projected to grow from USD 18.3 billion in 2023 to USD 24.3 billion by 2028, at a CAGR of 5.8% from 2023 to 2028.

Digital Therapeutics (DTx) Market worth $21.9 billion by 2028

The report "Digital Therapeutics (DTx) Market by Offerings (Platform, Virtual Reality/Games), Revenue Model (Subscription, Value Based), Application (Therapy (Diabetes, Obesity, CNS, Respiratory, CVD), Drug Adherence, Rehab/Patient care) - Global Forecast to 2028", is projected to reach USD 21.9 billion by 2028 from USD 6.1 billion in 2023, at a CAGR of 29.1%.

Micro-inverter Industry worth $14.5 billion by 2029

According to the new market research report "Micro-inverter Market by Offering, Communication Technology (Wired, Wireless), Type (Single Phase, Three Phase), Power Rating (Below 250 W, Between 250 & 500 W, Above 500 W), Connection Type, Sales Channel, Application - Global Forecast to 2029" The global Micro Inverter Industry Size is expected to be valued at USD 4.9 billion in 2024 and is projected to reach USD 14.5 billion by 2029; it is expected to grow at a CAGR of 24.1% from 2023 to 2028. The growth of the micro-inverter Industry is propelled by increasing energy prices that contribute to the installation of solar panels and rising energy demand across the globe. However, limited power handling capacity and high installation and maintenance costs restrain the market's growth.

Contactless Connector Industry worth $480 million by 2029

The report "Contactless Connector Market by Product Type (Wireless Charging, Wireless Data Transfer), Technology (Inductive Coupling, RF, Magnetic Field), Operation (Simplex, Half-duplex, Full-duplex), Data Rate Gbps (1, 3, Up to 6) - Global Forecast to 2029" The global contactless connector market is expected to be valued at USD 220 million in 2024 and is projected to reach USD 480 million by 2029; it is expected to grow at a CAGR of 16.9 % from 2024 to 2029. The rise of IoT devices and smart technologies necessitates secure and reliable connectivity solutions, further propelling the demand for contactless connectors. Moreover, the ongoing advancements in wireless charging and data transfer technologies are expanding the scope of contactless connectors, fueling their market growth.

Motion Control Industry worth $21.6 billion by 2029

The report "Motion Control Market by Offering (Actuators & Mechanical Systems, Drives, Motors, Motion Controllers, Sensors & Feedback Services, Software & Services), System (Open-loop, Closed-loop), End-user Industry and Region - Global Forecast to 2029" The motion control market is expected to reach USD 21.6 billion by 2029 from USD 16.5 billion in 2024, at a CAGR of 5.5% during the 2024–2029 period.

Industrial Networking Solutions (INS) Market worth $73.3 billion by 2028

According to a research report "Industrial Networking Solutions (INS) Market by Technology (SD-WAN, WLAN, IIoT), by Application (Remote Monitoring, Predictive Maintenance, Emergency & Incident Management, Asset Tracking & Management, Supply Chain Management) - Global Forecast to 2028" published by MarketsandMarkets, the industrial networking solutions market size is projected to grow from USD 29.2 billion in 2023 to USD 73.3 billion by 2028, at a CAGR of 20.2% during the forecast period. The need for improved efficiency and reduced operational costs is driving the adoption of automation in various industries. Industrial networking solutions play a crucial role in connecting and coordinating automated systems and processes.

Taste Modulators Market worth $2.0 billion by 2028

According to a research report "Taste Modulators Market by Type (Sweet Modulators, Salt Modulators, Fat Modulators), Application (Food, Beverages, Pharmaceutical), and Region (North America, Europe, Asia-Pacific, South America, RoW) - Global Forecast to 2028" published by MarketsandMarkets, the taste modulators market is projected to reach USD 2.0 billion by 2028 from USD 1.4 billion by 2023, at a CAGR of 7.4% during the forecast period in terms of value. 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. Ongoing innovation and the versatility of taste modulators contribute to their widespread application in diverse food and beverage products.

Commercial Vehicle Telematics Software Industry worth $10.3 billion by 2028

According to a research report "Commercial Vehicle Telematics Software Market by Type (Fleet Management, Safety Management, V2X, Telematics Compliance, Telematics Productivity), Vehicle Type (LCV, MHCV), Propulsion Type (IC Engine, Electric), Sales Channel - Global Forecast to 2028 " published by MarketsandMarkets, the commercial vehicle telematics software market is set to experience rapid growth, projected to surge from USD 5.2 billion in 2023 to USD 10.3 billion by 2028, at a CAGR of 14.3% during the forecast period of 2023–2028. Escalating regulatory requirements to enhance vehicle and passenger safety and security and increasing recognition of the importance of predictive maintenance are driving forces propelling the commercial vehicle telematics software market forward. Telematics technology empower businesses by optimizing fleet management, enabling data-driven decisions, ensuring safety and compliance, reducing downtime, and enhancing customer service.

Industrial Sensors Industry worth $42.1 billion by 2029

According to a research report "Industrial Sensors Market by Sensor Type (Level Sensor, Temperature Sensor, Gas Sensor, Pressure Sensor, Position Sensor, and Humidity & Moisture Sensor), Type (Contact & non-contact sensors), End-User Industry and Region - Global Forecast to 2029" The Industrial Sensors Industry Size is projected to grow from USD 27.9 billion in 2024 and is expected to reach USD 42.1 billion by 2029, growing at a CAGR of 8.5% from 2024 to 2029.

Many industries are subject to stringent regulations and safety standards that necessitate the use of high-performance industrial sensors. These sensors help ensure compliance with environmental regulations, monitor hazardous materials, prevent accidents, and protect worker safety. The increasing focus on environmental sustainability and worker safety further drives the demand for reliable and accurate sensor technologies eventually driving the market for industrial sensors.

IT Service Management (ITSM) Market worth $22.1 billion by 2028

According to a research report "IT Service Management (ITSM) Market by Offering (Solutions (Change & Configuration Management, Operations & Performance Management) and Services), Deployment Model, Organization Size, Vertical and Region - Global Forecast to 2028", published by MarketsandMarkets, the ITSM market size is expected to grow from USD 10.5 billion in 2023 to USD 22.1 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 15.9% during the forecast period. With the increasing adoption of cloud-based technologies, there are now more opportunities for cloud-based ITSM vendors. Organizations want to obtain IT services externally at a cost that aligns with their usage of IT services rather than building and maintaining these services on-premises. Large enterprises opt for cloud-based ITSM solutions to better manage their IT resources and align their IT services with real-world business needs.

Healthcare Simulation Market worth $4.6 billion by 2028

The report "Healthcare Simulation Market by Product & Service (Simulation (Patient-Fidelity, Surgical-Laparoscopic, Ortho, Spine, Gynae, Ultrasound), Training), Technology (3D Printing, Virtual Patient, Procedural Rehearsal), and End User - Global Forecast to 2028", is projected to reach USD 4.6 billion by 2028 from USD 2.2 billion in 2023, at a high CAGR of 15.7% during the forecast period.