In November 2024, industrial production in Italy overall decreased by 1.5 percent compared to November 2023. Manufacturing of transport equipments and petroleum products recorded a drop by more than ten percent. On the contrary, electricity, and pharmaceuticals registered the highest growth rates. Impact on consumption and production The spring of 2020 recorded a very sharp decrease in industrial production and consumption. In terms of industrial production, some of the most impacted sectors by the coronavirus were the manufacture of textiles, apparel, leather, and accessories, as well as the manufacture of transport equipment. Similarly, consumption volume increased in March 2021 compared to one year ago. During the pandemic, the sectors of air transportation and leisure activities saw some of the largest drops in consumption. Recovery after COVID-19 Italy's economy has been strongly hit by the coronavirus pandemic, with Italy's GDP dropping consistently in 2020. Additionally, Italian exports are estimated to have decreased by over 15 percent. However, 2021 seems to be a year of recovery. The GDP is estimated to grow from three to four percent. The exports and imports are going to increase as well. Nevertheless, the next two years might experience an increase in unemployment rate, particularly during 2021.
In July 2024, global industrial production, excluding the United States, increased by 1.5 percent compared to the same time in the previous year, based on three month moving averages. This is compared to an increase of 0.2 percent in advanced economies (excluding the United States) for the same time period. The global industrial production collapsed after the outbreak of COVID-19, but increased steadily in the months after, peaking at 23 percent in June 2021. Industrial growth rate tracks the output production in the industrial sector.
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Key information about Japan Industrial Production Index Growth
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Belgium BE: GDP: Growth: Gross Value Added: Industry: Manufacturing data was reported at -1.585 % in 2023. This records a decrease from the previous number of 12.327 % for 2022. Belgium BE: GDP: Growth: Gross Value Added: Industry: Manufacturing data is updated yearly, averaging 1.330 % from Dec 1996 (Median) to 2023, with 28 observations. The data reached an all-time high of 12.327 % in 2022 and a record low of -7.722 % in 2009. Belgium BE: GDP: Growth: Gross Value Added: Industry: Manufacturing data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Belgium – Table BE.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate for manufacturing value added based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. Manufacturing refers to industries belonging to ISIC divisions 10-33. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 4.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;Note: Data for OECD countries are based on ISIC, revision 4.
In January and February 2025, the added value of industrial production in China grew by 5.9 percent in real terms compared to the same period in the previous year. At the same time, food production increased by 5.2 percent.
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Croatia HR: GDP: Growth: Gross Value Added: Industry: Manufacturing data was reported at -0.962 % in 2023. This records a decrease from the previous number of 6.783 % for 2022. Croatia HR: GDP: Growth: Gross Value Added: Industry: Manufacturing data is updated yearly, averaging 2.573 % from Dec 1996 (Median) to 2023, with 28 observations. The data reached an all-time high of 10.348 % in 2021 and a record low of -11.901 % in 2009. Croatia HR: GDP: Growth: Gross Value Added: Industry: Manufacturing data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Croatia – Table HR.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate for manufacturing value added based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. Manufacturing refers to industries belonging to ISIC divisions 10-33. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 4.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;Note: Data for OECD countries are based on ISIC, revision 4.
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Key information about Peru Industrial Production Index Growth
Additive Manufacturing Market Size 2025-2029
The additive manufacturing market size is forecast to increase by USD 46.76 billion at a CAGR of 23.9% between 2024 and 2029.
The market is experiencing significant growth, driven primarily by the high demand In the medical device sector for customized implants and prosthetics. This trend is further fueled by the increasing consumer interest in personalized, 3D-printed products across various industries. However, the market growth is not without challenges. Moreover, the precision and customization offered by additive manufacturing make it an ideal solution for producing dental implants and other medical devices. The high initial cost of setting up additive manufacturing facilities remains a significant barrier to entry for many companies. Despite this, the long-term benefits, including reduced material waste, faster prototyping, and increased design freedom, make it an attractive investment for those seeking to innovate and stay competitive. Companies looking to capitalize on the opportunities in this market should focus on cost reduction strategies, collaborations, and partnerships to overcome the initial investment hurdle. By navigating these challenges effectively, they can reap the rewards of this dynamic and innovative industry.
What will be the Size of the Market during the forecast period?
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The market, also known as 3D printing, is experiencing significant growth and innovation as layer-by-layer addition becomes an increasingly viable alternative to traditional subtractive manufacturing methods. The global market size is projected to expand at a strong rate, driven by the prototyping segment, particularly In the automotive industry. Industrial additive manufacturing, utilizing technologies such as stereolithography and fuse deposition modeling, is leading the charge in production applications. Despite this progress, challenges persist, including regulatory scrutiny and the need for consultation solutions and installation services. Mergers and acquisitions continue to shape the competitive landscape, as industry leaders seek to expand their offerings and reduce production expenses.
The market encompasses a range of offerings, from industrial-grade printers to desktop models, catering to various industries and educational purposes. Design software and 3D scanning software capabilities are also critical components of the additive manufacturing ecosystem, enabling users to create and optimize their designs for 3D printing. Overall, the market is poised for continued growth and disruption, offering new opportunities for businesses and innovators alike.
How is this Industry segmented?
The industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Component
Hardware
Software
Services
End-user
Automotive
Aerospace
Industrial
Healthcare
Others
Material
Plastics
Metals
Ceramics
Others
Technology
Stereolithography
Polyjet printing
Binder jetting printing
Laser sintering
Others
Geography
North America
US
Canada
Europe
France
Germany
Spain
UK
APAC
China
India
Japan
South Korea
South America
Middle East and Africa
By Component Insights
The hardware segment is estimated to witness significant growth during the forecast period. Additive manufacturing is a technology-driven process that involves creating three-dimensional objects by adding material layer by layer. This technique, also known as 3D printing, has gained significant traction in various industries due to its rapid manufacturing capabilities and material optimization benefits. The market for additive manufacturing is segmented into several areas, including the prototyping segment and the automotive segment, among others. Industries are increasingly turning to additive manufacturing for applications such as automotive prototyping, functional parts production, and patient-specific healthcare products. 3D printing technology encompasses several methods, including Fused Deposition Modeling (FDM), Stereolithography (SLA), and Selective Laser Sintering (SLS), among others.
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The hardware segment was valued at USD 7.79 billion in 2019 and showed a gradual increase during the forecast period.
Regional Analysis
North America is estimated to contribute 37% to the growth of the global market during the forecast period.Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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Industrial output across the OECD fell by significant amount between the 1960s and 1970s, when annual averages are compared. Overall, the OECD saw industrial output grow by almost six percent in each year between 1960 and 1970, whereas this growth fell to just 3.5 percent per year between 1971 and 1978. The largest individual decline of the major economies was observed in Japan, who saw a difference of nine percent between the two periods. The largest proportional decline of the given countries, however, was observed in Switzerland, where annual industrial output between 1971 and 1978 was less than one tenth of the rate in the previous period. The primary reason for this decline was due to the 1973-1975 recession that resulted from the oil embargo of 1973, which highlighted the developed world's increasing dependency on foreign oil imports. This recession also marked the end of the post-war economic boom, but saw the transition of economies such as Japan, West Germany, and wider European Economic Community in general (i.e. the predecessor to the EU) into global economic powers.
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The Report Includes Industrial Automation Companies in Europe and the Market is Segmented by Type of Software (Manufacturing Execution Systems (MES), Asset Performance Management (APM), Advanced Process Control (APC), Product Lifecycle Management (PLM), Operator Training Simulator (OTS), Industrial Control Systems Software (Operational and Cybersecurity)), End-user Industries (Oil and Gas, Chemical and Petrochemical, Power, Water and Wastewater, Food and Beverage, Automotive and Transportation and Other End-User Industries) and Country (Germany, France, the United Kingdom, Italy, Eastern Europe (including Russia and Turkey), and the Rest of Western Europe). The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.
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Video-As-A-Service (VaaS) Market is Segmented by Platform (application Management, Device Management, and Network Management), Device (mobility Devices and Enterprise Computing), Service (managed and Professional), by Deployment Model (public Cloud, Private Cloud, and Hybrid Cloud), End-User Industry (government and Defense, BFSI, Healthcare, IT & Telecom, Media & Entertainment, Manufacturing, and Other End-User Industries), and Geography(North America, Europe, Asia-Pacific, Latin America and the Middle East, and Africa). The Market Size and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.
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The global industrial sensors market size reached USD 26.5 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 52.3 Billion by 2033, exhibiting a growth rate (CAGR) of 7.44% during 2025-2033. Increasing adoption of industrial automation, rise of the Internet of Things (IoT) and Industry 4.0 initiatives, stringent government regulations for worker safety and environmental protection, focus on energy efficiency and sustainability, advancements in sensor technologies, demand for smart sensors, expansion into new sectors, and trend towards predictive maintenance are some of the factors fostering the market growth.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
|
2024
|
Forecast Years
| 2025-2033 |
Historical Years
|
2019-2024
|
Market Size in 2024
| USD 26.5 Billion |
Market Forecast in 2033
| USD 52.3 Billion |
Market Growth Rate 2025-2033 | 7.44% |
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global, regional, and country levels for 2025-2033. Our report has categorized the market based on sensor, type, and end use industry.
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The report covers Text Analytics Companies and it is segmented by Deployment (On-premises, Cloud), Application (Fraud Management, Risk Management, Business Intelligence, Social Media Analysis, Customer Care Services), End-user Industry (BFSI, Healthcare, Energy and Utility, Retail and E-commerce), and Geography (North America, Europe, Asia Pacific, Latin America, and Middle East and Africa). The market sizes and forecasts are provided in terms of value (USD billion) for all the above segments.
-0,9 (% change from the corresponding period last year) in Juli 2024. Value-added of Industry refers to the final results of industrial production of the industrial enterprises in money terms during the reference period. Industrial added value can be calculated by two approaches: the production appproach, i.e. gross industrial output value minus intermediate input plus value-added tax, and the income approach, i.e. income for various factors used in the course of production, including depreciation of fixed assets, remuneration of labourers, net of production tax, and operating surplus. Industrial added value increased industrial added value refers to the relative degree of this month the same month last year the number and extent of changes in trends at constant prices.
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Key information about Brazil Industrial Production Index Growth
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The market is segmented by Product Type (Turbine Oil, Refrigeration Oil, Compressor Oil, Electrical Oil, and Heat Transfer Oil), End-user Industry (Power Generation, Chemical Manufacturing, Metallurgy and Metal Working, Food and Beverages, Automotive & Other Trans., and Others), and Geography (Asia-Pacific, North America, Europe, South America, Middle East, and Africa).
This statistic shows the top ten industries of high-growth companies in the United States as of 2016. In 2016, about 13.1 percent of U.S.-based high-growth companies were specialized in information technology services.
Industrial Water Treatment Equipment Market Size 2024-2028
The industrial water treatment equipment market size is forecast to increase by USD 10.51 billion, at a CAGR of 5.06% between 2023 and 2028. The market is experiencing significant growth due to several key drivers. The growing scarcity of water and rising environmental concerns are key drivers of market growth. As water becomes a more valuable resource, there is an increasing demand for advanced water treatment solutions to optimize usage and reduce waste.
Additionally, innovation in water treatment technologies continues to shape the market, with Point-of-Use (PoU) and Point-of-Entry (PoE) systems gaining popularity for their ability to provide water pure directly to commercial and residential applications. Hardwater, a common issue in many regions, further highlights the need for effective water treatment equipment to ensure the quality of drinking water and prevent damage to industrial processes.
Market Analysis
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The market is experiencing significant growth due to the increasing concerns over water contamination, scarcity, and pollution. With groundwater levels depleting and freshwater sources becoming scarce, there is a pressing need for effective water treatment solutions. The market is driven by the demand for virus-free products that ensure safe drinking water, especially in residential construction projects. Laws and legislation are playing a crucial role in market growth, as governments worldwide strive to mitigate waterborne diseases and prevent the spread of contaminants such as PFAS, iron, chemicals, sediments, lead, calcium, chlorine, fluoride, and other pollutants.
Furthermore, the next trend in the market is the development of advanced RO systems that can effectively remove contaminants and provide high-quality water. The international market is segmented regionally, with each region presenting unique challenges and opportunities for service providers. The market is currently in the growth stage, and the future looks promising as the world continues to grapple with the water crisis.
Market Segmentation
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
End-user
Energy and power
Manufacturing
Others
Geography
APAC
China
India
Japan
Europe
Germany
UK
North America
US
Middle East and Africa
South America
By End-user Insights
The energy and power segment is estimated to witness significant growth during the forecast period. The importance of water treatment in the energy sector cannot be overstated, as waterborne diseases pose significant health risks and regulations regarding safe drinking water continue to evolve. In the energy sector, water is utilized extensively in power generation, oil refining and petrochemical industries. The International Energy Agency predicts that water consumption in energy production will double by 2040. Furthermore, applications of water treatment technologies in energy generation include intake screening, pre-treatment solutions, boiler feedwater treatment, condensate polishing, cooling tower makeup, flue gas desulfurization wastewater treatment, and more. Ensuring the availability of clean water for energy production is crucial to maintaining energy efficiency and complying with evolving environmental and health regulations.
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The energy and power segment was valued at USD 14.09 billion in 2018 and showed a gradual increase during the forecast period.
Regional Insights
APAC is estimated to contribute 50% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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The market in the Asia-Pacific (APAC) region is projected to experience notable expansion, with key contributors being China and India. The market growth in APAC is anticipated to outpace that of other regions. According to Technavio, the market is poised for rapid growth during the forecast period, fueled by the expanding infrastructure development in Australia, South Korea, Taiwan, Singapore, and Japan. This growth is expected to significantly boost the market's revenue. The increasing infrastructure projects will lead to an increase in industries and their energy consumption, thereby positively influencing the market. China is the dominant player in the APAC market due to the rapid industrialization, urbanization, and construction activities, as well as the generation of heavy metal waste in the country.
F
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The industrial wireless sensor market is Segmented By Product Type( Temperature sensor, Gas sensor, Pressure sensor, Humidity sensor, Biosensor, Flow sensor), By End-user Industry (Manufacturing, Oil & Gas, Medical, Energy & Power, Mining ) and Geography.
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The Report Covers Global Robotics Market Analysis and is segmented by Mobile Robots Market (By Product Type, By Form Factor, By End-user Vertical, By Geography) and by Robotics Industry (By Industrial Robots, By Service Robots).
In November 2024, industrial production in Italy overall decreased by 1.5 percent compared to November 2023. Manufacturing of transport equipments and petroleum products recorded a drop by more than ten percent. On the contrary, electricity, and pharmaceuticals registered the highest growth rates. Impact on consumption and production The spring of 2020 recorded a very sharp decrease in industrial production and consumption. In terms of industrial production, some of the most impacted sectors by the coronavirus were the manufacture of textiles, apparel, leather, and accessories, as well as the manufacture of transport equipment. Similarly, consumption volume increased in March 2021 compared to one year ago. During the pandemic, the sectors of air transportation and leisure activities saw some of the largest drops in consumption. Recovery after COVID-19 Italy's economy has been strongly hit by the coronavirus pandemic, with Italy's GDP dropping consistently in 2020. Additionally, Italian exports are estimated to have decreased by over 15 percent. However, 2021 seems to be a year of recovery. The GDP is estimated to grow from three to four percent. The exports and imports are going to increase as well. Nevertheless, the next two years might experience an increase in unemployment rate, particularly during 2021.