Market Research Insights

  San Francisco, 29 Sep 2023:  The Report   Metal 3D Printing Market  Size, Share & Trends Analysis Report By Component (Hardware, Software, Services), By Technology, By Software, By Application, By Printer Type, By Vertical, By Region, And Segment Forecasts, 2023 - 2030 The global metal 3D printing market size is estimated to reach USD 35.33 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to witness a CAGR of 24.2% from 2023 to 2030. Metal 3D Printing is also referred to as Additive Manufacturing (AM), as it involves the successive addition of layers of materials in various 2D shapes using an additive process. These layered 2D shapes build upon one another to form a three-dimensional object. The process is different from the subtractive method of production, which begins with a block of metal, and the unnecessary metal is ground out to obtain the desired object. The metal 3D printing industry is estimated to exhibit significant growth

San Francisco, 29 Sep 2023:  The Report  Industrial Refrigeration Systems Market  Size, Share & Trends Analysis Report By Component (Compressors, Condensers, Evaporators, Controls, Others), By Capacity, By Application, By Region, And Segment Forecasts, 2023 - 2030 The global industrial refrigeration systems market size is anticipated to reach USD 27.66 billion by 2030, registering a CAGR of 4.4% from 2023 to 2030, according to a new report published by Grand View Research, Inc. The demand for industrial refrigeration is increasing due to the fast-moving consumer goods and retail food which needs efficient storage for perishable edible items. Governments are taking initiatives to support and strengthen the cold chain infrastructure and shifting towards eco-friendly refrigeration systems. Global warming and climate change have alarmed nations to take the necessary step to curb the crisis. As a result, industrial refrigeration system manufacturing companies have expressed concerns reg

  San Francisco, 29 Sep 2023:  The Report  Contract Cleaning Services Market  Size, Share & Trends Analysis Report By Service Type (Window Cleaning, Upholstery Cleaning, Floor & Carpet Cleaning, Construction Cleaning), By End-use, By Region, And Segment Forecasts, 2023 - 2030 The global contract cleaning services market size is expected to reach USD 555.44 billion by 2030, registering a CAGR of 6.3% from 2023 to 2030, according to a new report by Grand View Research, Inc. Growing awareness regarding hygiene and safety at workplaces has stimulated business organizations worldwide to hire third-party cleaning service providers. Additionally, to ensure the good health of the employees and consequently raise their productivity, companies globally are increasingly availing green contract cleaning services from providers that use non-hazardous and non-toxic products for cleaning the premise. Thus, a growing preference for green products is further anticipated to increase the demand f

  San Francisco, 29 Sep 2023:  The Report  Off-highway Electric Vehicle Market  Size, Share & Trends Analysis Report By Application Type (Construction, Agriculture, Mining), By Propulsion (BEV, HEV), By Storage Type, By Region, And Segment Forecasts, 2023 - 2030 The global off-highway electric vehicle market size is expected to reach a valuation of USD 5,745.96 million by 2030, growing at 14.1% CAGR from 2023 to 2030, according to a new study by Grand View Research Inc. The commencement of redevelopment initiatives and expanding infrastructural advancements in developing nations are the key drivers fueling the off-highway electric vehicle industry’s expansion. The global demand for off-highway electric vehicles (EVs) is also being fueled by strict emission rules by governmental organizations, such as emission requirements for Greenhouse Gas (GHG) emissions by the European Commission and the U.S. Environmental Protection Agency (EPA). These cars’ increased economy decreases overhaul

  San Francisco, 28 Sep 2023:  The Report  Proactive Services Market  Size, Share & Trends Analysis Report By Service (Technical Support, Design & Consulting), By Technology (Analytics, AI), By End-use, By Enterprise Size, By Application, And Segment Forecasts, 2023 - 2030 The global proactive services market size is expected to reach USD 18.19 billion by 2030, according to the new reports of Grand View Research, Inc., registering a CAGR of 20.8% from 2023 to 2030. The heightened customer expectations, high adoption of e-commerce and other shopping applications, along with increased use of smartphones have triggered the need for proactive services. Benefits, such as lower operational cost, increased availability & uptime, increased brand loyalty, and enhanced retention rate, will further boost the market growth. Implementing advanced technologies, such as advanced analytics, Artificial Intelligence (AI), and Machine Learning (ML), helps segregate customer types and offer th

  San Francisco, 28 Sep 2023:  The Report  Education Technology Market  Size, Share & Trends Analysis Report By Sector (Preschool, K-12, Higher Education), By End-user (Business, Consumer), By Type, By Deployment, By Region, And Segment Forecasts, 2023 - 2030 The global education technology market size is expected to reach USD 348.41 billion by 2030, growing at a CAGR of 13.6% from 2023 to 2030, according to a new report by Grand View Research, Inc. The process of learning is evolving gradually in line with advances in technology. From virtual classrooms to massive open online courses (MOOCs), the education technology (EdTech) industry is transforming rapidly, thereby leading to an influx of massive investments worldwide. Having realized the potential of leveraging the advances in technology to enhance the process of learning, governments across the world are encouraging the incumbents of the education industry to undertake various initiatives aimed at integrating EdTech into the o

  San Francisco, 28 Sep 2023:  The Report  Fire Protection System Market  Size, Share & Trends Analysis Report By Product (Detection, Suppression, Response, Analysis, Sprinkler System), By Service (Managed Service, Maintenance Service), By Application, And Segment Forecasts, 2023 - 2030 The global fire protection system market size is expected to reach USD 130.37 billion by 2030, expanding at a CAGR of 6.6% from 2023 to 2030, according to a new study by Grand View Research Inc.Modern fire alarm and detection systems are expected to see increased demand due to the ongoing development of new buildings around the world, including both residential and non-residential constructions. Modern technologies like artificial intelligence, the Internet of Things, and smart sensors being incorporated are also anticipated to drive the market. In addition, as mandatory fire safety regulations are implemented in sectors including oil & gas, manufacturing, and mining, the use of fire prevention

  San Francisco, 28 Sep 2023:  The Report  Software Consulting Market  Size, Share & Trends Analysis Report By End-use (BFSI, Healthcare), By Enterprise Size (SMEs, Large), By Application (Enterprise Solutions, Design Services), By Region, And Segment Forecasts, 2023 - 2030 The global software consulting market size is expected to reach USD 678.32 billion by 2030, registering a CAGR of 12.1% from 2023 to 2030, according to a new study by Grand View Research, Inc. The multiple benefits these solutions and services give, such as enhancing corporate operations, decreasing waste, and increasing organizational revenue, might contribute to their expansion. Software consulting services can also help firms identify growth and cost reduction potential. Digital and business model disruption has recently emerged as a driving force behind growth, particularly in established markets. Moreover, demand for consulting services is predicted to rise because of offshoring and globalization. The adopt

  San Francisco, 27 Sep 2023:  The Report  Forklift Market  Size, Share & Trends Analysis Report By Class (Class 1, Class 2, Class 3, Class 4/5), By Power Source, By Load Capacity, By Electric Battery Type, By End-use, By Region, And Segment Forecasts, 2023 - 2030 The global forklift market size is projected to reach USD 154.33 billion by 2030, expanding at a CAGR of 13.2% from 2023 to 2030, according to a new study by Grand View Research, Inc. The growth is driven by the rising need for forklifts in warehouses for the beverage and food industry, as well as in industrial manufacturing to load and unload cargo trucks and transport goods. Forklifts offer benefits such as reducing the requirement for labor, increasing safety, and requiring less maintenance. The need for forklifts for lifting heavy equipment and material handling is anticipated to rise as a result of the large increase in construction activity due to the rapid urbanization in nations like Brazil, South Korea, and India

  San Francisco, 27 Sep 2023:  The Report   Electric Powertrain Market  Size, Share & Trends Analysis Report By Electric Vehicle (BEV, HEV/PHEV), By Component (Motor/Generator, Battery, Power Electronics Controller), By Region, And Segment Forecasts, 2023 - 2030 The global electric powertrain market size is expected to reach USD 260.91 billion by 2030, registering a CAGR of 15.3% over the forecast period, according to a new report by Grand View Research, Inc. The market for pure electric and plug-in hybrid vehicles has been growing significantly, in turn creating an increasing demand for automotive electric powertrains. Governments in various countries are taking initiatives to promote the development of Electric Vehicles (EVs). For instance, in 2020, the U.S. Department of Energy announced a public investment of USD 400 billion in clean energy. The investment would help develop 500,000 charging outlets for electric vehicles by the end of 2030. The rising sales of electric vehicles

  San Francisco, 26 Sep 2023:  The Report  Automated Guided Vehicle Market  Size, Share & Trends Analysis Report By Vehicle Type, By Navigation Technology, By Application, By End-Use Industry, By Component, By Battery Type, By Region, And Segment Forecasts, 2023 - 2030 The global automated guided vehicle market size is anticipated to reach USD 9.18 billion by 2030, registering a CAGR of 9.7% from 2023 to 2030, according to a new report by Grand View Research, Inc. Automated guided vehicles (AGVs) have transformed the way materials can be moved within the manufacturing and distribution facilities. In a production environment where several operations are carried out simultaneously, these vehicles ensure a predictable and reliable transfer of raw materials and manufactured products from one point to another within the facility, thereby eliminating any potential disruption in production. These vehicles can operate safely around structures, machinery, and employees, as they are equipped