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The auditing services category is anticipated to grow at a CAGR of 4.4% from 2023 to 2030 with North America accounting for 36.7% of the global share due to numerous multinational corporations (MNCs), and voluntary auditing and reporting practices by companies. The growth of this category is driven as a result of stricter government laws and the growing pressure on business leaders to enhance corporate operations, boost productivity and quality as well as cut...Read More »
The agrochemical category is expected to grow at a CAGR of 3.4% from 2023 to 2030. Increasing agricultural productivity on currently used agricultural land is crucial to feeding the world's population. Agrochemicals are therefore crucial to the agricultural sector and aid farmers in increasing the quantity and quality of their harvests. The primary factor driving the expansion of agrochemicals is the rising need for food as a result of population...Read More »
The advanced driver assistant system category is expected to grow at a CAGR of 18.2% from 2023 to 2030. The Asia Pacific region accounts for the largest category share. Factors such as the increasing awareness for road safety, concerns with regard to safety mandate from the government, effective R&D for ADAS element design, and advanced development in technology are driving the growth of the...Read More »
The aircraft tires category is anticipated to grow at a CAGR of 5.5% from 2023 to 2030. The U.S. is the world's largest market, with a share of 40%, while Europe is the second largest with 33%. Michelin, Goodyear, Bridgestone, and Dunlop are among the leading manufacturers, accounting for approximately 85% of the market....Read More »
The activated carbon category is anticipated to grow at a CAGR of 2.6% from 2023 to 2030. In 2022, the category size was estimated to be valued at USD 3.62 billion with the Asia Pacific region accounting for 51% of the overall share due to its profitable coconut shell industry. The key raw materials used in granular activated carbon production are coal and coconut shell charcoal. In terms of end-use applications, the category can be classified into - purification and treatment of air and water, power plant and landfill gas emissions, food and beverages processing, health care, automotive, and precious metal...Read More »
The aluminum category is anticipated to grow at a CAGR of 5.8% from 2023 to 2030. The Asia Pacific region accounted for the majority of the overall share in 2022. The rising shift towards electric vehicles and the increasing demand from end-use industries such as automotive, and construction are driving the category growth. One of the major developments is the rise in the use of inert anode technology in the smelting process to reduce CO2...Read More »
The accounting services category is anticipated to grow at a CAGR of 11.45% from 2023 to 2030. North American region accounts for the largest category share followed by Europe and APAC. Factors such as changes in standards of financial reporting, outsourcing of back-end operations to low-cost economies, and rise in research & development investments are driving the category growth. One of the most significant trends is the AI and cloud-based solutions of accounting...Read More »
The 4PL category is anticipated to grow at a CAGR of 6.9% from 2023 to 2030. North America accounts for the largest share. Factors such as the increasing growth in online shopping and the e-commerce sector, the rising need for efficient warehouse management systems, automated order fulfillment, inventory and returns management systems, and enhanced post-purchase and payment systems are driving the growth of this...Read More »
The airlines category is anticipated to grow at a CAGR of 7% from 2023 to 2030. The North America region accounts for the largest share. This category is expected to experience significant growth due to the rapid increase in air passenger traffic, and a strong focus on improving the passenger...Read More »
The adhesives category is anticipated to grow at a CAGR of 6% from 2023 to 2030. The Asia Pacific region accounted for 41% of the total category share in 2022. Rising construction activities, and the increasing demand from end-user industries such as automotive, electronics, construction, and packaging are driving the growth in this...Read More »
Demand for power generation from renewable means of energy is ever increasing. One of the primary means of renewable energy generation is from wind and water turbines, apart from solar energy. Hence, the need for turbines to be operational during peak load periods is...Read More »
A payroll service provider is a company that specializes in payroll operations for their customers to ensure that the client’s employees are paid on time without any discrepancy and the client’s legal obligations related to payroll are...Read More »
The car rental industry has witnessed significant growth in the last ten years due to the increasing penetration of online rental car booking applications. The market is emerging as one of the key segments in the global transportation industry, as car rental services not only benefit customers and rental companies but also car...Read More »
Hibiscus flower powder is a rich source of antioxidants. It is a major source of natural and organic cosmetics due to its high mucus content and anti-inflammatory and exfoliating...Read More »
Routers and switches are network connecting devices. Routers are network layered and are responsible for analyzing the shortest path for a packet to traverse from one network to...Read More »
Once IT equipment reaches the end of its usage for a particular user (not necessarily the end of their lifecycle), the equipment is recovered and re-invested back to the present...Read More »
Food & Beverage ERP solution plays an important role in catering to customer needs and increase profitability in uncertain market...Read More »
A conveyor system is an efficient and quick mechanical handling and transporting apparatus. It is responsible for automatically transporting packages and materials within a pre-specified route or...Read More »