The airborne LiDAR system market reported a revenue of $732.4 million in 2016, and the UAV platform is expected to generate the highest revenue by 2021. View BIS Market Research report offering detailed industry analysis including market size, growth, share, key players, trends, and forecast.

The global big data market is forecasted to grow to 103 billion U.S. dollars by 2027, more than double its expected market size in 2018. With a share of 45 percent, the software segment would become the large big data market segment by 2027.

What is Big data?

Big data is a term that refers to the kind of data sets that are too large or too complex for traditional data processing applications. It is defined as having one or some of the following characteristics: high volume, high velocity or high variety. Fast-growing mobile data traffic, cloud computing traffic, as well as the rapid development of technologies such as artificial intelligence (AI) and the Internet of Things (IoT) all contribute to the increasing volume and complexity of data sets.

Big data analytics

Advanced analytics tools, such as predictive analytics and data mining, help to extract value from the data and generate new business insights. The global big data and business analytics market was valued at 169 billion U.S. dollars in 2018 and is expected to grow to 274 billion U.S. dollars in 2022. As of November 2018, 45 percent of professionals in the market research industry reportedly used big data analytics as a research method.

Over the time period between 2017 and 2021, the global home textiles market grew annually, with the exception of 2020 where the market value saw a slight decline, likely due to the coronavirus (COVID-19) pandemic. The value of global home textile market amounted to about 111.38 billion U.S. dollars in 2021. According to the forecast, this market will increase its value continuously over the next five years, reaching over 145 billion U.S. dollars by 2026.

The global sorbitol market size was valued at 2.76 Million Tons in 2024. Looking forward, IMARC Group estimates the market to reach 3.03 Million Tons by 2033, exhibiting a CAGR of 1.12% from 2025-2033. China currently dominates the market, holding a market share of over 32.5% in 2024. The rising demand for sugar-free products, growing usage in cosmetics and pharmaceuticals, increasing adoption in food preservation, expanding applications in industrial sectors, and health-conscious consumer trends. are some of the major factors prolling the sorbitol market.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	2.76 Million Tons
Market Forecast in 2033	3.03 Million Tons
Market Growth Rate 2025-2033	1.12%

IMARC Group provides an analysis of the key trends in each segment of the global sorbitol market, along with forecast at the global, regional, and country levels from 2025-2033. The market has been categorized based on application, type, and feedstock.

Global Water Treatment Chemicals Market expected to grow to $24.33 billion by 2021 at a CAGR of 5.3% from 2016 through 2021. . Market research report offers detailed industry analysis including market growth, share, trends and forecast (2017-2021)

Explore the Information Technology Market trends! Covers key players, growth rate 8.2% CAGR, market size $13176.84 Billion, and forecasts to 2034. Get insights now!

In 2023, global retail e-commerce sales reached an estimated 5.8 trillion U.S. dollars. Projections indicate a 39 percent growth in this figure over the coming years, with expectations to surpass eight trillion dollars by 2027.

World players Among the key players on the world stage, the Chinese retail giant Alibaba holds the title of the largest e-commerce retailer globally, accounting for a 23 percent market share. Nevertheless, forecasts suggest that by 2027, Seattle-based e-commerce powerhouse Amazon will surpass Alibaba in estimated sales, reaching a staggering 1.2 trillion U.S. dollars in online sales.

Leading e-tailing countries The Chinese e-commerce market was the biggest worldwide in 2023, as internet sales constituted almost half of the country's retail transactions. Indonesia ranked second with the highest share of retail sales online (32 percent), closely trailed by the United Kingdom and South Korea, exceeding the 30 percent mark. That year, the up-and-coming e-commerce markets centered around Asia. The Philippines and India stood out as the swiftest-growing e-commerce markets based on online sales, anticipating a growth rate surpassing 20 percent.

The global advertising market size was valued at USD 676.8 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 995.0 Billion by 2033, exhibiting a CAGR of 4.4% from 2025-2033. North America currently dominates the advertising market share by holding over 32.6% in 2024. The market in the region is driven by high digital ad spending, advanced programmatic advertising technologies, strong consumer engagement on social media, growing video and streaming ads, data-driven targeting, and rising mobile ad consumption.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 676.8 Billion
Market Forecast in 2033	USD 995.0 Billion
Market Growth Rate 2025-2033	4.4%

IMARC Group provides an analysis of the key trends in each segment of the global advertising market, along with forecast at the global, regional, and country levels from 2025-2033. The market has been categorized based on type.

GlobalData's latest report "Power Transformers Market, Update 2017 – Global Market Size, Competitive Landscape, and Key Country Analysis to 2021" offers comprehensive information and understanding of the global power transformers market. The report analyzes the current trend and future potential of power transformers market at global, regional (Asia-Pacific, Americas, Europe, and Middle East and Africa) and key countries (the US, Canada, Brazil, China, India, Japan, the UK, Germany, Russia, and Saudi Arabia) level.
The report analyzes the power transformers market in terms of value and volume, classified by various voltage segments for the historical (2011–2016) and forecast (2017–2021) periods. The report provides insight into the drivers and restraints affecting the power transformers market, competitive landscape, policies and initiatives, and the key upcoming projects. The report is built using data and information sourced from proprietary databases, primary and secondary research, and in-house analysis by GlobalData's team of industry experts. Read More

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According to our research report, the Power Tools Market in the US will witness a CAGR of 3.33% which is expected to increase by USD 1.63 billion for the forecast period 2020 to 2025.

This market research report provides valuable insights into the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by technology (electric, pneumatic, and others) and end-user (professional and consumer). The power tools market in the US report also offers information on several market vendors, including ANDREAS STIHL AG & Co. KG, Apex Tool Group LLC, Emerson Electric Co., Illinois Tool Works Inc., Ingersoll Rand Inc., Makita Corp., Robert Bosch GmbH, Snap-on Inc., Stanley Black & Decker Inc., and Techtronic Industries Co. Ltd. among others.

What will the Power Tools Market Size in US be During the Forecast Period?

Download the Report Sample to Unlock the Power Tools Market Size in US for the Forecast Period and Other Important Statistics

Parent Market Analysis

The power tools market in US is a part of the global electrical components and equipment market. The global electrical components and equipment market was valued at USD 1,941.23 billion in 2020. Our Technavio Research categorizes the global market belonging to the Electrical Equipment industry. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the market during the forecast period.

Power Tools Market in US: Key Drivers, Trends, and Challenges

Based on our research output, there has been a negative impact on the market growth during and post-COVID-19 era. The growing demand for power tools for DIY projects in the US is notably driving the power tools market growth in the US, although factors such as may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the power tools industry in US. The holistic analysis of the drivers will help deduce end goals and refine marketing strategies to gain a competitive edge.

Key Power Tools Market Driver in US

One of the key factors driving growth in the market is the growing demand for power tools for DIY projects in US. DIY projects refer to activities in which individuals such as hobbyists, residents, amateurs, or enthusiasts engage themselves in modifying, upgrading, maintaining, and rebuilding their material possessions such as household appliances, automobiles, residences, and bicycles. DIY projects are performed using raw or semi-finished raw materials, suitable tools, and equipment with little or no assistance from professionals. Home improvement projects constitute the majority of DIY projects. Some home improvement projects include replacing a shower faucet or refinishing the basement and attic. Home improvement projects include activities such as woodworking; plumbing; landscaping; and heating, ventilation, and air-conditioning (HVAC) utility repair works. A home is usually a life-long asset, and the demand for DIY tools, including power tools, for home improvement projects is growing in the US, as the large and affluent middle class in the US increasingly demands a better home space to ensure an improved standard of living. Moreover, with the spread of social media channels, more people are getting engaged in DIY projects to demonstrate their creative skills. Also, before hiring a working professional or labour, brainstorming has become a part of life, calculating the cost of professional plumbers, electricians, and mechanics. Such factors will positively impact the growth of the power tools market.

Key Power Tools Market Challenge in US

The risk of rising interest rates will be a major challenge for the market during the forecast period. The interest rates in the US have been rising since 2015. The US Federal Reserve increased the benchmark rates by approximately eight times in September 2018. A rising interest rate discourages borrowing by businesses and individuals and encourages savings. As a result of the rising benchmark rates in the US, the 30-year fixed rate mortgage in the US has increased by 25% between October 2017 and October 2018. This may lead to a reduction in the number of new home loan applications in the US in the forecast timeframe. Apart from this, a lean inventory of existing residences and the rising cost of construction have increased the prices of the existing residences. This is leading to a decline in the sales of the existing residences. The sale of existing residences is an important demand driver for power tools in the US as new owners invest in the modification and beautification of the acquired residence. The benchmark rates in the US are expected to rise further in 2019 due to the stron

Explore the Professional Services Market trends! Covers key players, growth rate 5.7% CAGR, market size $7972.56 Billion, and forecasts to 2034. Get insights now!

Global insulation materials market is expected to grow at a CAGR of 6.2% and $53,360.5 million by 2021 between 2016 and 2021. BIS Research Report offer detailed industry analysis and market value for insulation materials market including growth, size, share, and trends and forecast (2017-2021).

[236 Pages] The global ePharmacy market is projected to expand at 14.3% CAGR to reach a market valuation of US$ 351.9 billion by the end of 2033, up from the US$ 81.5 billion recorded for 2022.

Attribute	Details
ePharmacies Market Size (2023)	US$ 92.4 Billion
Forecasted Market Value (2033)	US$ 351.9 Billion
Value CAGR (2023 to 2033)	14.3%
Collective Value Share: Top 5 Countries (2022)	58.4%
Key Market Players	Netmeds Marketplace Ltd, EasyMedico, Medlife, Amazon. Inc, Apotek, The Kroger Co., Walgreen Co., Giant Eagle, Inc., Walmart, Express Scripts, CVS Health, Optum, Inc., L Rowland & Co (Retail) Ltd, Zur Rose Group AG, McKesson Corporation, SHOP-APOTHEKE EUROPE N.V., UK Meds Direct Ltd., Walgreens Boots Alliance, Inc., DocMorris

Sales Analysis of ePharmacies (2017 to 2022) Vs. Market Outlook (2023 to 2033)

Market Statistics	Details
Jan–Jun (H1), 2021 (A)	10.89%
Jul–Dec (H2), 2021 (A)	14.09%
Jan–Jun (H1),2022 Projected (P)	10.37%
Jan–Jun (H1),2022 Outlook (O)	11.19%
Jul–Dec (H2), 2022 Outlook (O)	14.66%
Jul–Dec (H2), 2022 Projected (P)	13.71%
Jan–Jun (H1), 2023 Projected (P)	11.21%
BPS Change : H1,2022 (O) - H1,2022 (P)	82↑
BPS Change : H1,2022 (O) - H1,2021 (A)	30↑
BPS Change: H2, 2022 (O) - H2, 2022 (P)	94↑
BPS Change: H2, 2022 (O) - H2, 2021 (A)	56↑

Country-wise Insights

Country	USA
Market Share (2023)	34.6%
Market Share (2033)	44.0%
BPS Analysis	938

Country	China
Market Share (2023)	6.6%
Market Share (2033)	5.4%
BPS Analysis	-126

Country	Germany
Market Share (2023)	6.3%
Market Share (2033)	7.4%
BPS Analysis	102

Country	Australia
Market Share (2023)	5.9%
Market Share (2033)	5.8%
BPS Analysis	-4

Country	Japan
Market Share (2023)	5.3%
Market Share (2033)	5.1%
BPS Analysis	-15

[250 Pages Report] The global pocket containers market size is estimated to reach US$ 276.4 Mn in 2022 and is further expected to grow at a steady CAGR of 4.5% between 2022 and 2032, totaling around US$ 429.2 Mn by 2032. Rising usage across end-use industries such as food & beverage, cosmetics, and pharmaceutical is a key factor pushing demand for pocket containers in the market.

Attribute	Key Statistics
Global Pocket Containers Market Estimated Size (2022)	US$ 276.4 million
Projected Market Valuation (2032)	US$ 429.2 million
Value-based CAGR (2022-2032)	4.5%
Collective Value Share: Top 3 Countries (2022E)	40.5%

Scope of the Report

Attribute	Details
Estimated Market Size (2022)	US$ 276.4 million
Projected Market Size (2032)	US$ 429.2 million
Value-based CAGR (2022-2032)	4.5% CAGR
Forecast Period	2022-2032
Historical Data Available for	2017-2021
Market Analysis	Value (US$ million) and Volume (000 Units)
Key Regions Covered	North America, Latin America, Europe, Middle East & Africa, East Asia, South Asia and Oceania
Key Countries Covered	USA, Canada, Brazil, Mexico, Germany, Spain, Italy, France, UK, Russia, China, India, Australia & New Zealand, GCC Countries, and South Africa
Key Segments Covered	Material Type, Packaging Format, End Use, and Region
Key Companies Profiled	Gerresheimer AG Constar International CKS Packaging Alpha Packaging Holdings TYH Container Enterprises Vidchem pty ltd. APTACA Spa USON Plast Graham Packaging Plastipak Packaging
Report Coverage	Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives

The Vending Cups Market is estimated to hold a 3.2% CAGR from 2023 to 2033, from US$ 2.2 billion in 2023 to US$ 3.1 billion in 2033.

Report Attribute	Details
Vending Cups Market Value (2023)	US$ 2.2 billion
Vending Cups Market Anticipated Value (2033)	US$ 3.1 billion
Vending Cups Market Growth Rate (2023 to 2033)	3.2% CAGR

2017 to 2022 Vending Cups Market Outlook in Comparison to 2023 to 2033 Growth Forecast

Historical CAGR (2017 to 2022)	5%
Forecast CAGR (2023 to 2033)	5.4%

Year	Market Value
2016	US$ 1.43 billion
2021	US$ 2.23 billion
2022	US$ 2.1 billion
2023	US$ 2.2 billion
2033	US$ 3.1 billion

A Glimpse of Country-wise Insights

Countries	USA
CAGR (2017 to 2022)	2.3%
Valuation (2023 to 2033)	US$ 542.7 million

Countries	China
CAGR (2017 to 2022)	5.9%
Valuation (2023 to 2033)	US$ 335.4 million

Countries	India
CAGR (2017 to 2022)	7.6%
Valuation (2023 to 2033)	US$ 373.7 million

Countries	Germany
CAGR (2017 to 2022)	2.9%
Valuation (2023 to 2033)	US$ 111.4 million

Countries	UK
CAGR (2017 to 2022)	3.3%
Valuation (2023 to 2033)	US$ 102.6 million

Snapshot img { margin: 10px !important; } Overview of the global refrigerant market

Market research analysts at Technavio predict that the global refrigerant market will grow steadily at a CAGR of more than 6% by 2021. The emergence of energy-efficient systems is identified as one of the primary growth factors for this market. To reduce the rising energy costs, homeowners, entrepreneurs, retailers, and consumers demand products that are energy-efficient. Moreover, the governments across the globe are also encouraging citizens to choose highly-efficient appliances. The increasing demand for energy-efficient technologies has raised the demand for heating, ventilating, and air-conditioning (HVACs) and will continue to grow further strengthening the market for refrigerants. Moreover, commercial and residential owners prefer replacing their older, less-efficient HVAC systems with the newer ones that are more efficient, which again will boost the demand for refrigerants.

The increasing use of VRF systems is one of the latest trends that will contribute to the growth of this market in the forthcoming years. Variable refrigerant flow (VRF) systems are systems in which the capacity of the air conditioning system can be adjusted to meet the essential demand by varying the compressor speed. These systems may include multiple outdoor units and an even greater number of indoor units that are connected by copper pipes and controlled by electronic controllers. Moreover, VRF systems can offer high efficiency due to the short pipe runs and allows the direct use of refrigerants, without the need for secondary refrigerants. These systems also offer advantages such as lower space requirement for installation and provision of heating and cooling in different locations within the building at the same time.

Competitive landscape and key vendors

The refrigerant market consists of numerous multinational and regional players. The vendors in the market have the need to comply with the safety standards prescribed by various regulatory bodies. Moreover, the increasing awareness about climate change along with the stringent regulatory standards has induced vendors to work constantly on various mixtures of gases to obtain the best refrigerant that complies with all regulatory norms.

The leading vendors in the market are -

Airgas Refrigerants
Arkema
Chemours
Dongyue
Honeywell
The Linde Group 

The other prominent vendors in the market are A-Gas Americas, Asahi Glass, Climalife, Daikin Industries, Danfoss, Global Refrigerants, Mexichem, Navin Flourine International, Shandong Yuean Chemical Industry, Sinochem Group (China), and SRF.

Segmentation by product and analysis of the refrigerant market

Fluorocarbons
Inorganics
Hydrocarbons

During 2016, the flurocarbon refrigerants accounted for the major shares of the refrigerant market. Factors such as the energy efficiency, low flammability, and less corrosive nature will contribute to the growth of this industry segment in the coming years.

Geographical segmentation and analysis of the refrigerant market

Americas
APAC
EMEA

This market study estimates that in terms of geographic regions, APAC will be the major revenue contributor to the refrigerant market throughout the forecast period. Rapid growth in the demand for refrigerants from the industrial sectors like construction and automotive, specifically in the developing countries will be major factor augmenting the market’s growth prospects in APAC.

Key questions answered in the report include

What will the refrigerant market size and the growth rate be in 2021?
What are the key factors driving the global refrigerant market?
What are the key market trends impacting the growth of the global refrigerant market?
What are the challenges to market growth?
Who are the key vendors in the global refrigerant market?
What are the market opportunities and threats faced by the vendors in the global refrigerant market?
Trending factors influencing the market shares of the Americas, APAC, and EMEA.
What are the key outcomes of the five forces analysis of the global refrigerant market?

Technavio also offers customization on reports based on specific client requirement.

This upcoming industry research report on the global refrigerant market offers insights into the primary trends and emerging drivers influencing the growth of the heavy industries sector. Our market research reports for the heavy industries market space also follow a comprehensive data collection methodology and offer an extensive analysis of rapidly-growing market segments such as unit operations.

By considering the market forecast and size and the increasing demand for various tools and components, the market research professionals at Technavio offer an exclusive picture of the global refrigerant market for the estimated period of 2017 to 2021. Furthermore, ou

A resourceful research report on global tunable filter market published by Future Market Insights reflects the value and volume trajectories over a period of ten years. It includes value analysis of various segments of the tunable filter market. According to the exhaustive market research report on global tunable filters, the global market is expected to witness a stellar growth rate in the coming years.

How The Market Progressed Till June 2022?

Market statistics	Details
H1,2021 (A)	8.0%
H1, 2022 Projected (P)	7.4%
H1, 2022 Outlook (O)	7.1%
BPS Change: H1,2022 (O)-H1,2022(P)	(-)30
BPS Change : H1,2022 (O)-H1,2021(A)	(-)90

As per Cognitive Market Research's latest published report, the Global AI Enhanced HPC market size is $2,183.06 Million in 2024 and it is forecasted to reach $4,092.77 Million by 2031. AI Enhanced HPC Industry's Compound Annual Growth Rate will be 9.39% from 2024 to 2031. Market Dynamics of the AI enhanced HPC market

Market Drivers of the AI enhanced HPC market

Growing adoption of cloud computing is driving the demand for global AI enhanced HPC market.

The growing adoption of cloud computing has emerged as a pivotal driver in fuelling the demand for the global AI-enhanced High-Performance Computing (HPC) market. With its capacity to provide on-demand computer resources and services through the internet, cloud computing has emerged as a vital tool for companies and organizations all over the world. For instance, Cloud hosting and infrastructure are used by about 44% of regular small companies. This compares with 74% of corporations and 66% of small tech companies. In addition, in 2017 the adoption rate was 48.4%, and by 2020 it was 70.3%. The shift from traditional on-premises infrastructure to cloud-based solutions has provided up various opportunities for computing operations in terms of scalability, flexibility, and cost-effectiveness. Cloud service providers have placed themselves in a position to anticipate the changing needs of enterprises as the usage of AI-enhanced HPC rises. In response to the increasing demand for artificial intelligence-infused high-performance computing resources, they are making investments in advanced technology, improved infrastructure, and specialized services. According to Google Cloud Brand Pulse Survey, Q4 2022, in 2022, 26% of respondents stated they used several public clouds, up from 21% in 2021. Additionally, hybrid cloud usage rose from 25% to 42.5%. the growing adoption of cloud-based services would thus increase the application of AI Enhanced HPC.

Increasing emphasis on AI Enhanced HPC by the government agencies is fuelling the demand for the growth of the market.

Governmental organizations across the globe are increasingly prioritizing the incorporation of Artificial Intelligence (AI) innovations in the field of high-performance computing (HPC), which is experiencing an important shift. Realizing the significant impact that these technologies can have on scientific research, national security, and economic competitiveness has made the convergence of AI and HPC into a strategic imperative rather than just a market trend. For instance, HPC is used by the National Nuclear Security Administration (DOE/NNSA) of the US Department of Energy to safeguard nuclear weapons. Since the United States stopped conducting underground nuclear tests in the 1990s, HPC simulation and modeling have become essential. With 40 petaflops of HPC on next-generation Dell PowerEdge servers, Lawrence Livermore National Laboratory intends to start increasing processing power for its computational scientists this year, as well as those at Los Alamos and Sandia National Laboratories. Government organizations are realizing increasingly how crucial it is to be at the forefront of AI-Enhanced HPC capabilities because doing so directly contributes to advances in innovation and scientific research. Countries are investing more in AI enhanced HPC and thus is driving the demand for this market even more. For instance, China proposed an open-source ecosystem for smart manufacturing, precision farming, and precision medicine, along with AI+ HPC+ 5G-based digital twin platforms. In addition, to establish the UK as a global leader in AI with the new Isambard-AI supercomputer, the government invested £300 million, of which £225 million went to the University of Bristol. With more than 5,000 cutting-edge NVIDIA GH200 superchips, the new system will be the strongest supercomputer in the UK, able to perform 200 quadrillion computations per second.

Market Restraints

High cost of implementation is restraining the growth of global AI enhanced HPC market

The high implementation costs of AI are posing significant challenges to the growth trend of the global market for high-performance computing (HPC) enhanced by AI. The cost implications of adopting AI-infused HPC systems emerge as a difficult challenge for enterprises trying to boost their computational capabilities through the application of artificial intelligence. The complex process of integratin...

In 2021, the global market for electric generating sets and rotary converters decreased by X% to $X for the first time since 2017, thus ending a three-year rising trend. In general, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the global market hit record highs at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

GlobalData's latest report "Gas Turbine Market, Update 2017 – Global Market Size, Competitive Landscape, Key Country Analysis, and Forecasts to 2021" offers comprehensive information and understanding of the global gas turbine market. The report offers in-depth analysis of gas turbine market at global, regional (Asia-Pacific, Americas, Europe, and Middle East and Africa) and key countries (the US, Canada, China, India, Japan, Australia, Indonesia, Germany, the UK, Saudi Arabia) level. The report analyzes the gas turbine market value and volume for the historic (2011-2016) and forecast (2017-2021) period. The report covers the drivers and restraints affecting the gas turbine market, country-wise annual capacity additions and market value, and the competitive landscape for respective countries in 2016. Profiles of major gas turbine manufacturers are also presented in this report. The report is built using data and information sourced from proprietary databases, primary and secondary research, and in-house analysis by GlobalData's team of industry experts. Read More