According to the latest report by MarkNtel Advisors, titled “Global Distributed Fiber Optic Sensor Market By Scattering Method (Rayleigh Scattering Effect, Raman Scattering Effect, Brillouin Scattering Effect, Interferometric, Bragg Grating), By Application (Temperature Sensing, Acoustic Sensing, Strain Sensing, Others (Intensity Sensing, Pressure Sensing, etc.]), By End-User (Oil & Gas, Power and Utility, Safety and Security, Industrial, Civil Infrastructures, Telecommunication, Others [Healthcare, Aerospace, etc.]), The Global Distributed Fiber Optic Sensor Market is projected to grow at a CAGR of around 8.26% during the forecast period, i.e., 2024-30. The report provides a thorough analysis of the market, covering competitor dynamics, regional insights, and a detailed breakdown of industry segments.
Base Year: 2023
Forecast Period: 2024-2030
Historical Data: 2019-22
CAGR (2024-2030): 8.26%
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Growing Hydropower Projects – Some of the Nordic nations, including Asian countries like China, India, Pakistan, etc., have been majorly focusing on the development of hydropower projects, owing to the increasing demand for power solutions from various sectors. This, in turn, catalyzes the construction of dams over rivers as well as the expansion of power transmission networks, hence increasing the demand for distributed fiber optic sensors. The distributed fiber optic sensors are also used for dam monitoring & developed dams are utilized for irrigation purposes.
Furthermore, hydroelectricity has been considered a renewable energy resource, therefore high penetration of renewable energy resources globally is expected to escalate the potential demand for distributed fiber optic sensors in the forecast years. Also, to construct hydropower projects, several companies are collaborating, hence aiding in driving the Distributed Fiber Optic Sensor Market share.
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-By Application
Temperature Sensing grabbed a significant share in the Global Distributed Fiber Optic Sensor Market, owing to their considerable usage for temperature sensing applications.
-By End User
Oil & Gas sector is projected to hold the dominant share in the Global Distributed Fiber Optic Sensor Market in the forecast years.
-By Scattering Method
-By Region
North America has been experiencing notable demand for distributed fiber optic sensors over the past period, due to the significant presence of the oil & gas fields in the region.
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The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Video Management Software Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape. The research company provides an extensive range of strategic reports on diverse industry verticals to substantial and varied client bases, including multinational corporations, financial institutions, governments, and individuals, among others.
According to the latest report, Video Management Software Market size is valued at USD 11.25 billion in 2023 & is estimated to grow at a CAGR of around 13.46% during the forecast period, i.e., 2024-30. The report significantly addressed considerable changes, gap analyses, and competitive studies using qualitative and quantitative data. These include the widespread segmentation, geography, and recent developments, entailing information on the fluctuation in the demand, sales, revenue, and other parameters experienced and expected in the industry for the forecasting year i.e. 2024 to 2030.
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By Component
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Key Factor Driver Video Management Software Industry Growth by 2030
Rising Need for Robust Surveillance & Security Systems Within the Logistics Sector– In recent years, the trading activities between the nations have increased due to the surge in the trade agreements among the countries. According to the UNCTAD, in 2022, approximately USD32 trillion was traded within the nations. Therefore, to facilitate trade and effectively store the products, the government & private entities are setting up warehouses and logistics centers in their countries. The commodities stored in these centers are worth millions. As a result, it is becoming essential for companies to install security scanners & devices to safeguard these expensive products. As per the data by Pro-Vigil, a leading Video Surveillance Solution Provider, these units use around 16 to 64 security cameras, depending upon the size of the warehouse. Additionally, these solutions also help in monitoring the assets remotely, which provides flexibility to the consumers. Hence, the end-users opt for these systems, uplifting the Global Video Management Software market.
The top companies of the Video Management Software market ruling the industry are:
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We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.
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According to the latest report by MarkNtel Advisors, titled “Global Psychedelic Drugs Market By Source (Syntheti, Natural), By Drugs (Gamma-Hydroxybutyric Acid, Ketamine, Psilocybin, Lysergic Acid Diethylamide [LSD], MethylEnedioxyMethamphetamine), By Application (Narcolepsy, Treatment Resistant Depression, Major Depressive Disorder, Opiate Addiction, Post-Traumatic Stress Disorder, Other), By Route of Administration (Oral, Inhalation, Injectable), By Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Pharmacy) and others, The Psychedelic Drugs Market size was valued at around USD 1.92 billion in 2024 and is projected to reach USD 3.8 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 12% during the forecast period, i.e., 2025-30. The report provides a thorough analysis of the market, covering competitor dynamics, regional insights, and a detailed breakdown of industry segments.
Base Year: 2024
Forecast Period: 2025-30
Historical Data: 2020-23
CAGR (2025-2030): 12%
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Growing Prevalence of Mental Illness – The prevalence of mental illness varies by age and sex and has increased more rapidly than other serious illnesses. There has been an increase in instances of mental health conditions, including anxiety, sleep-wake disorder, and depressive disorders. For instance, as per a survey by MedlinePlus, it was found that excessive time spent on social media was associated with anxiety, depression, negative body image, and psychological distress. It is estimated that 72% of Americans use social media which affects their mental health.
Similarly, the National Alliance on Mental Illness in 2023 found that more than USD 43.8 million people are affected by mental health disorders on account of spending more time on social media. For instance, as per the Mental Health Foundation, in 2021, those aged 16 to 29 years were most likely to have some anxiety and depression and they are estimated to be around 28%. From 2022 to 2023, an average of 37.1% of women and 29.9% of men reported high levels of anxiety. Therefore, health disorders such as psychosis, anxiety, panic attacks, and depression require psychedelic drugs for their treatments. Thus, the increase in anxiety and other mental disorders is expected to increase the demand for psychedelic drugs.
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-By Source
Based on the source, the synthetic psychedelic segment dominates the market and has a share of around 53% because it is safe and approved by government testing agencies.
-By Drugs
Based on type of the drugs, the Ketamine segment holds the largest market share of around 45% this is due to the adoption of ketamine to treat depression.
-By Application
-By Route of Administration
-By Distribution Channel
-By Region
North America holds the largest market share around 43% of the Global Psychedelic Drugs Market. This is due to the region has advanced healthcare system, growing acceptance of mental health treatments, and increased funding for psychedelic research.
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The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), US Online Exam Proctoring Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape. The research company provides an extensive range of strategic reports on diverse industry verticals to substantial and varied client bases, including multinational corporations, financial institutions, governments, and individuals, among others.
According to the latest report, US Online Exam Proctoring Market size was valued at around USD 160 million in 2024 and is projected to reach USD 370 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 18% during the forecast period, i.e., 2025-30. The report significantly addressed considerable changes, gap analyses, and competitive studies using qualitative and quantitative data. These include the widespread segmentation, geography, and recent developments, entailing information on the fluctuation in the demand, sales, revenue, and other parameters experienced and expected in the industry for the forecasting year i.e. 2025 to 2030.
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By Solution
By End User
By Region
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Key Factor Driver US Online Exam Proctoring Industry Growth by 2030
Rise in Online and Distance Learning in the USA – The online exam proctoring industry in the United States (US) is rapidly growing. This growth is driven by the massive boom in online and distance learning education in the USA. As per National Center for Education Statistics (NCES) data, enrolment numbers in higher education in classroom mode have declined by around five percent between 2019-20 to 2022-23. During the same period, enrolment of students in higher education in distance learning formats has risen by more than 30%. The majority of them are from the four-year undergraduate program. One crucial factor that also boosted the growth in digital enrolments is expensive learning cost of colleges and universities.
The top companies of the US Online Exam Proctoring market ruling the industry are:
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We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.
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According to the latest report by MarkNtel Advisors, titled “Saudi Arabia Activated Carbon Market By Type (Powdered Activated Carbon, Granular Activated Carbon, Extruded & Pelletized Activated Carbon, Impregnated Activated Carbon), By Source (Coconut, Nutshell, Coal, Others (Peat, Wood, etc.)), By Application (Water Treatment, Air & Gas Purification, Food & Beverage, Metal Extraction, Medical & Pharmaceutical, Others (Solvent Recovery, etc.)), By End User (Water Treatment, Food & Beverage, Healthcare, Automotive, Industrial Processing, Others (Cosmetic, Mining, etc.)), Others, The Saudi Arabia Activated Carbon Market size is valued at USD 61.5 Million in 2024 & is estimated to grow at a CAGR of around 6.78% during the forecast period, i.e., 2025-30. The report provides a thorough analysis of the market, covering competitor dynamics, regional insights, and a detailed breakdown of industry segments.
Base Year: 2024
Forecast Period: 2025-30
Historical Data: 2020-23
CAGR (2025-2030): 6.78%
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Waste Management & Circular Economy Initiatives Driving the Market Demand – The rising awareness of sustainable practices and wastewater management has led to an increased emphasis on circular economy initiatives in Saudi Arabia. Activated carbon plays an important role in water & wastewater treatment, contributing to the efficient removal of pollutants. Besides, the Saudi government is notably promoting the expansion of industrial facilities with the development of enhanced water infrastructures. According to the German Saudi-Arabian Liaison Office for Economic Affairs (GESALO), in 2022, annual investment in Saudi water infrastructure amounted to about USD 5 billion over the next 20 years.
Moreover, the incorporation of activated carbon into circular economy models, including the regeneration and reuse of spent carbon, aligns with overarching sustainability objectives. Consequently, this factor propels the demand for activated carbon in the evolving waste-water management and water treatment landscape in the Kingdom.
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-By Type
Both Powdered Activated Carbon and Granular Activated Carbon are likely to be in high demand, aligning with the country's ambitious water policies & extensive desalination infrastructure.
-By End User
Water treatment is a pivotal end-user industry for activated carbon in Saudi Arabia, driven by the nation's unique environmental challenges & ambitious initiatives.
-By Source
-By Application
-By Region
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We have our existence across the market for many years and have conducted multi-industry research across 6.780+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.
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The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), U.S. Catering Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape. The research company provides an extensive range of strategic reports on diverse industry verticals to substantial and varied client bases, including multinational corporations, financial institutions, governments, and individuals, among others.
According to the latest report, U.S. Catering Market size was valued at around USD 55 billion in 2024 and is projected to reach USD 71 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 5.2% during the forecast period, i.e., 2025-30. The report significantly addressed considerable changes, gap analyses, and competitive studies using qualitative and quantitative data. These include the widespread segmentation, geography, and recent developments, entailing information on the fluctuation in the demand, sales, revenue, and other parameters experienced and expected in the industry for the forecasting year i.e. 2025 to 2030.
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By Type
By End User
By Location
By Model
By Region
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Key Factor Driver U.S. Catering Industry Growth by 2030
Growing In-Flight Catering Service Industry – More than 26,000 flights were operating inside the U.S. in 2023, with an average of 2.6 million passengers touring per day. Additionally, only about 790 million passengers were enplaned in 2022, which increased to around 870 million in 2023. The rapidly growing number of operating flights and passengers enplaned is continuously pushing airlines to improve catering services and enhance customer satisfaction. Ultimately, this assistance leads to the growth of the in-flight catering service market in the U.S. and eventually the U.S. Catering Market.
The top companies of the U.S. Catering market ruling the industry are:
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We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.
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According to the latest report by MarkNtel Advisors, titled “Global Ocular Implants Market By Implant Type (Intraocular Lenses (IOL), [Aspheric IOLs, Toric IOLs, Multifocal IOLs, Anterior chamber IOLs, Others], Corneal Implants, Glaucoma Implants, Orbital Implants, Ocular prosthesis, Others), By Application (Glaucoma Surgery, Oculoplasty, Drug Delivery, Age-Related Macular Degeneration (AMD), Aesthetic purpose, Others), By End User (Hospitals, Clinics, Specialty Eye Institutes) and Others, The Global Ocular Implants Market size was valued at around USD 15.78 billion in 2024 and is projected to reach USD 22.6 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 6.2% during the forecast period, i.e., 2025-30. The report provides a thorough analysis of the market, covering competitor dynamics, regional insights, and a detailed breakdown of industry segments.
Base Year: 2024
Forecast Period: 2025-30
Historical Data: 2020-23
CAGR (2025-2030): 6.2%
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Integration of Robotics in Eye Surgeries – The use of robotics improves surgical precision, lowers risks, and improves patient outcomes and thus it is transforming the global market for ocular implants. For intricate retinal implant procedures and vitreoretinal surgeries, robotic-assisted systems like the PRECEYES Surgical System are perfect because they allow microscale movements with precision up to 10 micrometers which is far beyond human capability. In contrast to conventional manual techniques, a 2022 clinical study showed that robotic-assisted retinal surgeries decreased procedure-related complications by 27%. Because robotics improves surgical precision lowers risks and improves patient outcomes it is transforming the global market for ocular implants.
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-By Implant Type
With roughly 45% of the market proportion, the Intraocular Lenses segment dominates the Global Ocular Implants Market. This dominance is fueled by the growing occurrence of cataracts the world's most common reason of blindness.
-By Application
The market leader for ophthalmic surgery is the Glaucoma surgery segment holding approximately 30% share. One of the leading reasons for blindness globally is glaucoma, a group of eye disorders that harm the optic nerve.
-By End User
-By Region
The market for ocular implants is dominated by the North American region. Approximately 40% share of the global market for ocular implants is currently held by North America.
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We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.
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The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Ballistic Missiles Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape. The research company provides an extensive range of strategic reports on diverse industry verticals to substantial and varied client bases, including multinational corporations, financial institutions, governments, and individuals, among others.
According to the latest report, Ballistic Missiles Market size was valued at around USD 5.2 billion in 2024 and is projected to reach USD 7.3 billion by 2030. The report significantly addressed considerable changes, gap analyses, and competitive studies using qualitative and quantitative data. These include the widespread segmentation, geography, and recent developments, entailing information on the fluctuation in the demand, sales, revenue, and other parameters experienced and expected in the industry for the forecasting year i.e. 2025 to 2030.
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The report has segmented the market into the following categories:
By Range
- Short-Range Ballistic Missiles- Market Size & Forecast 2020-2030, USD Million
- Medium-Range Ballistic Missiles- Market Size & Forecast 2020-2030, USD Million
- Intermediate-Range Ballistic Missiles- Market Size & Forecast 2020-2030, USD Million
- Intercontinental Ballistic Missiles- Market Size & Forecast 2020-2030, USD Million
By Launch Mode
- Surface to Surface - Market Size & Forecast 2020-2030, USD Million
- Surface to Air- Market Size & Forecast 2020-2030, USD Million
- Air to Air- Market Size & Forecast 2020-2030, USD Million
- Air to Surface- Market Size & Forecast 2020-2030, USD Million
- Subsea to Air- Market Size & Forecast 2020-2030, USD Million
By Propulsion System
- Solid Propellant- Market Size & Forecast 2020-2030, USD Million
- Liquid Propellant- Market Size & Forecast 2020-2030, USD Million
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
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Key Factor Driver Ballistic Missiles Industry Growth by 2030
High Speed & Long Range of Ballistic Missiles – Ballistic missiles are mainly popular due to their high speed and ability to travel a long distance, that too at cheaper investments as compared to targeted missiles. This is because, unlike targeted missiles, ballistic missiles use propellant during half of their journey until it reaches a high altitude in the atmosphere, it falls under gravity which allows it to travel farther and at a very high speed which makes it difficult for radars to sense them. For instance, China has a DF-41 ballistic missile that can travel from 12,000 kilometers to 15,000 kilometers, that too with a speed of around Mach 25, i.e., 25 times the speed of sound, which is impossible to do by some other types of missiles to date. Additionally, ballistic missiles are also highly accurate and precise. Therefore, due to the irreplaceable speed and range of ballistic missiles, they have been highly popular across the globe, and these properties are expected to evolve continuously in the future, thus showing the growth environment of this market.
The top companies of the Ballistic Missiles market ruling the industry are:
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We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.
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According to the latest report by MarkNtel Advisors, titled “Global Generative AI Market By Component (Software, Service), By Technology (Generative Adversarial Networks (GANs), Transformers, Variational Autoencoder (VAE), Diffusion Networks, Retrieval Augmented Generation), By Application (Computer Vision, NLP, Robotics & Automation, Content Generation, Others (Chatbots & Intelligent Virtual Assistants, Predictive Analysis, etc.)), By Model (Large Language Models, Image & Video Generative Models, Multi-model Generative Models, Others (Text-to-Text Generative Models, Audio Generative Models, etc.)), By End User (Media & Entertainment, BFSI, Healthcare, IT & Telecom, Others (Automotive & Transportation, Gaming, etc.)), and Others, The Global Generative AI Market size is valued at around USD 28.9 billion in 2024 and is estimated to reach around USD 142.7 billion by 2030. Along with this, the market is anticipated to grow at a CAGR of around 31.2% during the forecast period, i.e., 2025-30. The report provides a thorough analysis of the market, covering competitor dynamics, regional insights, and a detailed breakdown of industry segments.
Base Year: 2024
Forecast Period: 2025-30
Historical Data: 2020-23
CAGR (2025-2030): 31.2%
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Healthcare Sector Showing Potential Growth Prospects – The potential of generative AI to change medical research and practice makes the healthcare industry a key growth opportunity for the generative AI industry. By modeling intricate chemical interactions and producing viable drug candidates, generative AI can expedite drug discovery and drastically cut down on the time and expense required to bring novel medications to market. Artificial intelligence (AI) algorithms can evaluate and improve medical imaging pictures, hence improving the accuracy of early identification of cardiac issues or cancer.
Furthermore, by evaluating patient data to create individualized treatment plans and improving care based on unique genetic and lifestyle characteristics, generative AI can support personalized medicine. As, the healthcare sector increasingly adopts AI technologies, demand for Gen AI integration in the healthcare system will also increase in the coming years, ultimately augmenting the size & volume of the Gen AI companies.
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-By Application
The natural language processing (NLP) segment holds the largest market share and is anticipated to grow at a substantial compound annual growth rate (CAGR) during 2025-30.
-By End User
Among these, the Media & Entertainment segment held a considerable market share in the past years & is projected to maintain its market position in the coming years as well.
-By Component
-By Technology
-By Model
-By Region
North America held the largest market share in the past few years and is anticipated to grow at the fastest pace over the future years as well.
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MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.
We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.
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The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Windows and Doors Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape. The research company provides an extensive range of strategic reports on diverse industry verticals to substantial and varied client bases, including multinational corporations, financial institutions, governments, and individuals, among others.
According to the latest report, Windows and Doors Market size is valued at around USD 188 Billion in 2024 and is projected to reach around USD 237 Billion by 2030. The report significantly addressed considerable changes, gap analyses, and competitive studies using qualitative and quantitative data. These include the widespread segmentation, geography, and recent developments, entailing information on the fluctuation in the demand, sales, revenue, and other parameters experienced and expected in the industry for the forecasting year i.e. 2025 to 2030.
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The report has segmented the market into the following categories:
By Material
- Wood - Market Size & Forecast 2020-2030, (USD Million)
- Metal- Market Size & Forecast 2020-2030, (USD Million)
- Plastic- Market Size & Forecast 2020-2030, (USD Million)
- Others - Market Size & Forecast 2020-2030, (USD Million)
By Application
- Swinging - Market Size & Forecast 2020-2030, (USD Million)
- Sliding - Market Size & Forecast 2020-2030, (USD Million)
- Folding- Market Size & Forecast 2020-2030, (USD Million)
- Revolving- Market Size & Forecast 2020-2030, (USD Million)
- Others- Market Size & Forecast 2020-2030, (USD Million)
By End-User
- Residential - Market Size & Forecast 2020-2030, (USD Million)
- Commercial - Market Size & Forecast 2020-2030, (USD Million)
- Others- Market Size & Forecast 2020-2030, (USD Million)
By Region
- North America
- South America
- Europe
- Asia-Pacific
- The Middle East and Africa
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Key Factor Driver Windows and Doors Industry Growth by 2030
Rapid Rise in Construction & Renovation Activities Worldwide - The construction industry is playing the most prominent role in driving the Windows and Doors Market as essential components of residential, commercial, & industrial buildings. Urbanization and rising population levels across many regions worldwide are resulting in the ever-increasing construction of residential & commercial buildings. As a result, with cities expanding and new infrastructure projects emerging, the demand for windows & doors is also rising to cater to these construction activities.In addition, renovations & retrofits of existing buildings are also boding well for the market growth as homeowners upgrade their windows & doors for improved energy efficiency, security, & aesthetics.
The top companies of the Windows and Doors market ruling the industry are:
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MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.
We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.
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Email: sales@marknteladvisors.com
Sales Office: 564 Prospect St, B9, New Haven, Connecticut, USA-06511
Corporate Office: Office No.109, H-159, Sector 63, Noida, Uttar Pradesh-201301, India
Asia-Pacific is expected to lead the global summer tire industry with substantial shares in the upcoming years, owing to the rising population and its growing interest in private ownership of passenger cars and two-wheelers. Additionally, the rising consumer awareness about the benefits of summer tires is also raising the demand across the region.
According to the latest report published by Markntel Advisors, the Global Summer Tire Market is projected to grow at a CAGR of around 4% during the forecast period, i.e., 2025-30. The industry growth is significantly attributed to the growing awareness among people about the benefits of summer tire like better responsiveness, improved cornering, reduced braking distance, specialized tread, and harder rubber compound, among others.
By Type of Vehicle:
By Demand:
By Price Category:
By Sales Channel:
By Tire Size
By Region:
Asia-Pacific Summer Tire Market demonstrate largest and fastest-growing market, owing to the growing urbanization, rising vehicle production, and expanding road networks. The countries such as China, India, and Japan are considered as dominant automobile manufacturing hubs, further raise the demand for summer tires.
Europe Summer Tire Market is benefiting from strict environmental government policies and technological advancements. Also the region comprises prominent countries such as Germany, France and the UK are witnessing high demand for performance tires.
North America Summer Tire Market comprises prominent countries such as the US and Canada which are experiencing robust demand for premium summer tires. Additionally, the region consists of prominent tire manufacturers further integrating the innovation across the industry.
Middle East & Africa
The demand for summer tires in this region remains relatively lower than other regions due to a limited number of seasonal variations. However, the growing automotive industry and harsh climatic conditions in GCC countries are expected to drive demand over the forecast period.
The rising digitalization trends worldwide, coupled with advancements in technologies, such as AI, AR, and VR and ever-increasing production of original shows on the internet are the primary factors boosting the robust growth in global Movies and Entertainment Market. Furthermore, the rapid acceptance of gaming vertical in all demographic groups, especially the young generation, further augmenting the expansion of movies and entertainment industry worldwide.
According to the report published by Markntel Advisors, the Global Movies and Entertainment Market size was valued at USD 87.76 Billion in 2022 and is projected to grow at a CAGR of around 7.32% during the forecast period, i.e., 2025-30. These flourishing growth is substantially attributed to the rising penetration of smartphones and the high-speed internet.
North America dominated the industry with potential shares in the forecasting years, owing to the availability of advanced telecommunication and internet infrastructure in United States, resulting in growing adoption of streaming or VoD services.
The industry growth is further bifurcated into:
By Product:
By Type:
By Region:
With the growing trends the industry is projected to grow and expand during the forecasting years i.e., 2025-30 as the above-stated factors are changing the market landscape and opening doors to the market players. Market players can enhance their market size & revenue by meeting the changing market dynamics and evolving consumer expectations. Additionally, market players with the help of SWOT analysis can adjust their existing settings regarding the evolving market trends, which would ultimately augment the size & volume of the entire industry at the Global level.
The ever-growing automotive industry globally coupled with rapid shift towards sustainable and maintenance-free tires, boost the demand for airless tires market worldwide. Moreover, the regions such as North America, Europe, and the Asia-Pacific are witnessing a boom in urban gardening and landscaping which requires lawnmovers, further resulting in exponential growth of airless tires industry worldwide.
Airless tires, also known as non-pneumatic tires, are not supported by air pressure. They do not go flat and have high rolling friction and less suspension than pneumatic tires. Moreover, they possess flexible traction and an interlock hub, which has been designed to increase their durability, coupled with zero-degree belts to provide better lateral stiffness and damage resistance and absorb impacts.
According to the recent report published by renowned market research company, i.e., Markntel Advisors, the Global Airless Tires Market size was valued at USD 68.19 Million in 2024 and is projected to reach USD 101.88 Million in 2030. The market is also estimated to grow at a CAGR of around 6.88% during the forecast period, i.e., 2025-30.
Based on Vehicle Type:
Based on Material:
Based on Demand Type:
Based on Tire Type:
Based on Rim Size:
Based on Sales Channel:
The region covered in the report are North America, South America, Europe, the Middle East and Africa, and Asia-Pacific. North America is expected to bolstered the growth of the industry, driven by increase in the use of airless tires in military applications and utility terrain vehicles.
With the growing trends the industry is projected to grow and expand during the forecasting years i.e., 2025-30 as the above-stated factors are changing the market landscape and opening doors to the market players. Market players can enhance their market size & revenue by meeting the changing market dynamics and evolving consumer expectations. Additionally, market players with the help of SWOT analysis can adjust their existing settings regarding the evolving market trends, which would ultimately augment the size & volume of the entire industry at the Global level.