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Latin America is a region rich in natural resources. As such, the extractive industry plays a crucial role in the countries’ economies. Although the oil and gas industry drives pump sales as the largest end user, other industries such as power generation, water and wastewater, construction, chemical processes, food and beverage, pharmaceuticals, an...

20 Sep 2024  |  Global  |  Market Research

Growth Opportunities in the Airport Baggage Handling System Market, Global, 2023 2033

Regulatory Mandates, Personalized Baggage Experience, and Airport Megaprojects will Drive Transformational Growth and Market Expansion

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The global airport baggage handling system (BHS) market is undergoing a transformative shift, driven by the rising demand for efficient, scalable, and technologically advanced solutions. As passenger volumes rebound post-pandemic and air travel surges in Asia-Pacific and Europe, airports are under increasing pressure to modernize their infrastructu...

13 Sep 2024  |  Global  |  Market Research

Growth Opportunities in the Data Acquisition Market, Global, 2021 2028

Fast Industrial Internet of Things Adoption is Driving Transformational Growth and Demand for Data Acquisition

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In modern business operations, data is an essential factor in making crucial decisions. The drivers that contribute to the growth of the data acquisition (DAQ) market share a common thread the need for more data analysis at every stage, from design to manufacturing and operations. Powerful factors drive this market, such as the widespread adoption ...

An increasing number of E2W start-ups are in the market, especially those importing cheap components and selling low-quality vehicles. Most traditional internal combustion engine (ICE) two-wheeler (2W) original equipment manufacturers (OEMs) have yet to enter the E2W market. With E2W technology nascent and dominated by start-ups, it attracts entiti...

The Indian lighting market is expanding, driven by urbanization, infrastructure development, and rising demand for energy-efficient lighting solutions. Valued at $3,836.3 million in 2025, the market is forecast to reach $5,126 million by 2031, at a CAGR of 4.9%.Key drivers include government programs such as the Smart Cities Mission, UJALA, Street ...

At present, only 24% of truck fleets in Mexico utilize telematics services; nevertheless, this number is expected to grow in the medium term. Basic solutions are installed in most connected trucks (usually, track and trace solutions), mainly to meet the demands of carriers and insurance companies. However, the need for advanced solutions, such as A...

The Asia-Pacific contact center applications market generated $825.3 million in revenue in 2021, registering an annual growth of 9.5%. Though COVID-19 clouded the outlook at the beginning of the year, technology upgrades, cloud migration, and the adoption of analytics, automation, and self-service applications drove market growth. The market is set...

Demand for high-performance oscilloscopes with enhanced automation features that simplify complex testing processes and ensure precise measurement and analysis of electronic signals continues to spur industry-level innovations and manufacturing activities. Despite the challenges of trade tariffs and supply chain disruptions, companies are increasin...

There is a growing demand for mobile imaging equipment in low and middle-income countries due to the limited financial resources to procure, operate, and maintain expensive medical imaging equipment. Other challenges include irregular power supply, poor network connectivity, inadequate site infrastructure, and delays because of the geographical dis...