Market Research Insights

  LiDAR (Light Detection and Ranging) technology is quickly becoming a cornerstone of modern mapping, surveying, and autonomous systems. Once limited to specialized aerospace and defense projects, LiDAR is now widely used across construction, infrastructure, mining, forestry, smart cities, and environmental monitoring. Driven by the need for high-precision 3D data and faster surveying solutions, the  global  LiDAR market  was valued at USD 2.74 billion in 2024  and is projected to reach  USD 4.71 billion by 2030 , expanding at a  CAGR of 9.5% between 2025 and 2030 . Asia Pacific leads the market in 2024 , supported by rapid urbanization, large-scale infrastructure development, and strong investments in drone and smart city technologies. A key growth driver behind this expansion is the rising adoption of  drone-mounted LiDAR systems , which offer faster, safer, and more cost-effective data collection compared to traditional surveying methods. Why L...

  Patient safety and infection prevention have become top priorities across healthcare systems worldwide. As hospitals and clinics focus on reducing complications associated with intravenous and urinary catheters, the demand for reliable catheter securement solutions continues to grow. Catheter stabilization devices — designed to safely anchor lines and prevent movement — are emerging as essential tools in modern clinical care. According to recent industry insights, the  global  catheter stabilization device market  was valued at USD 1.84 billion in 2025  and is projected to reach  USD 2.42 billion by 2030 , expanding at a  compound annual growth rate (CAGR) of 5.7% from 2025 to 2030 . With  2024 as the base year for estimation , the forecast highlights steady growth driven by rising hospital admissions, increasing surgical procedures, and stronger infection control practices. As healthcare providers move toward value-based care models, these smal...

  How Business Aircraft Are Redefining Corporate Travel and Executive Mobility In a world where speed, flexibility, and efficiency determine business success, traditional commercial travel often falls short of meeting corporate needs. Long security lines, rigid schedules, and frequent delays can disrupt productivity and limit agility. As a result, business aircraft are increasingly becoming a practical solution for organizations that value time and control over their travel plans. Once viewed primarily as a luxury, private aviation has evolved into a strategic business tool. Companies, entrepreneurs, and government leaders now rely on business jets to improve mobility, streamline operations, and maintain a competitive edge in a fast-paced global environment. The Productivity Advantage The biggest benefit of business aircraft is time savings. Private jets eliminate many of the inefficiencies associated with commercial air travel. Travelers can depart according to their own schedules...

  The global   greenhouse market   is expanding rapidly as agriculture shifts toward controlled environment farming to ensure higher productivity, sustainability, and year-round crop production. Rising food demand, unpredictable weather conditions, and shrinking arable land are encouraging farmers and agribusinesses to adopt greenhouse technologies that protect crops while maximizing yields. Industry estimates show the  greenhouse market  size reached USD 32.84 billion in 2025  and is expected to grow significantly to  USD 74.10 billion by 2033 , registering a strong  CAGR of 10.9% from 2026 to 2033 . This steady growth highlights how protected cultivation is becoming essential to meet global food security challenges and support modern agricultural practices. Why Greenhouses Are Transforming Agriculture Traditional farming is heavily dependent on natural weather cycles, which often lead to inconsistent yields due to droughts, floods, pests, or ext...

Artificial Intelligence (AI) is rapidly reshaping the global agriculture landscape, introducing smarter, faster, and more sustainable farming practices. From precision crop monitoring to autonomous tractors and predictive analytics, AI technologies are enabling farmers to increase productivity while reducing operational costs and environmental impact. The  Artificial Intelligence in Agriculture Market  was valued at  USD 2.44 billion in 2024  and is projected to reach  USD 9.55 billion by 2030 , expanding at a strong  compound annual growth rate (CAGR) of 25.5%  during the forecast period. This growth reflects the rising adoption of smart farming solutions, increasing food demand, and the urgent need to optimize agricultural resources. Why AI is Becoming Essential in Agriculture Agriculture today faces multiple challenges, including labor shortages, unpredictable weather conditions, shrinking arable land, and rising production costs. Traditional farmin...

  The   global electric power steering (EPS) market   is witnessing strong growth as automakers transition from hydraulic steering systems to energy-efficient, electronically controlled alternatives. Increasing demand for   fuel-efficient vehicles, electric vehicles (EVs), and advanced driver-assistance systems (ADAS)   is accelerating EPS adoption across passenger and commercial vehicles worldwide. According to recent market insights, the  electric power steering market was valued at USD 25.32 billion in 2023  and is projected to reach  USD 39.27 billion by 2030 , expanding at a  compound annual growth rate (CAGR) of 6.6% from 2024 to 2030 . EPS systems are becoming a standard feature in modern vehicles due to their ability to improve fuel economy, reduce emissions, enhance steering precision, and support automated driving technologies. What is Electric Power Steering (EPS)? Electric Power Steering replaces traditional hydraulic systems with...