Demand for Efficient, Safe, and Cost-effective Industrial Vehicles Boost Industrial Vehicles Market Growth The integration of autonomous industrial vehicles such as autonomous industrial vehicles (IVs) represents a transformative phase in the industrial vehicles market, fueled by improved efficiency, reduced maintenance costs, and enhanced safety records. Autonomous industrial vehicles, operating within geofenced topographies and adhering to […]
Smart Elevator Market was valued at US$ 18.70 Billion in 2023 and is expected to reach to US$ 43.92 Billion by 2031; it is estimated to record a CAGR of 11.3% from 2023 to 2031
Rapid Technological Advancements to Drive Smart Elevator Market Growth During Forecast Period Rapid technological advancements have revolutionized daily lives of consumers, and one area that has greatly benefited from this progress is vertical transportation. Smart elevators, equipped with cutting-edge technology and intelligent systems, have emerged as a game-changer in the industry. However, these elevators transform […]
Payment Processing Solutions Market was valued at US$ 118.84 Billion in 2022 and is expected to reach to US$ 259.62 Billion by 2030; it is estimated to record a CAGR of 10.3% from 2022 to 2030
Growing digital transformation and expansion of the e-commerce sector is expected to drive the global payment processing solutions market during the forecast period. Digitalization has surged the adoption of smartphones and online businesses and increased the need for internet services across the globe. Digitalization mandates businesses to perform business activities online to attract more consumers […]
Valve Actuator Market was valued at US$ 15.78 Billion in 2023 and is expected to reach to US$ 23.52 Billion by 2031; it is estimated to record a CAGR of 5.0% from 2023 to 2031
Rising Development of Water and Wastewater Treatment Plants to Fuel Valve Actuator Market Growth During Forecast Period With the population growth and rise in industrialization worldwide, there is a growth in the residential, commercial, and industrial sectors. A sizable volume of untreated wastewater from commercial, residential, and agricultural sources is dumped into rivers and other […]
Track & Trace Market was valued at US$ 10.42 Billion in 2022 and is expected to reach to US$ 33.48 Billion by 2030; it is estimated to record a CAGR of 15.7% from 2022 to 2030
Increasing Adoption of Transparent Transportation Drives Track & Trace Market Growth Tracking is the act of following the movement of a shipment or an asset. Tracing refers to tracking the passage of a shipment, property, or even the package’s temperature. Track & trace solutions strive to create a transparent end-to-end supply chain, allowing relevant parties […]