Pipeline

The fasteners category is anticipated to grow at a CAGR of 4.42% from 2023 to 2030. APAC holds the largest category share of over 40% and it is expected to be the fastest growing region during the forecast period. The increased use in the construction and automotive industries is driving considerable growth in the fasteners category. These fasteners are semi-permeant or occasionally permeant solutions, and the development of the construction industry, research and development initiatives, urban real estate infrastructure, and technological developments in the production of lightweight goods for the automotive and other industrial sectors are all factors that have an impact on their growth. The creation of innovative and novel industrial fasteners also helps the category growth. In the building sector, they are employed to temporarily link two or more things together. As the industry demands strength and accuracy, building and construction fasteners are employed in heavy-duty applicati...

This clinical trials market is anticipated to grow at a CAGR of 6.49% from 2024 to 2030. North America is the leading region in this category, accounting for over 50.3% of the market share in 2023. This is expected to continue in the forecast period as well, due to several factors, including increased R&D investments and the adoption of new technologies. For example, the use of virtual services in clinical trials is becoming increasingly popular, and this is expected to drive growth in the North American market. This category is driven by many key factors, including the surge in demand for outsourcing clinical trials, the increasing prevalence of chronic diseases, and the increased investments in R&D by pharmaceutical and biotechnological companies. The outsourcing of this category is becoming increasingly popular, as it allows pharmaceutical companies to focus on their core competencies and to save time and money. The increasing prevalence of chronic diseases is also driving ...

The beverage cans category is expected to grow at a CAGR of 5.3% from 2023 to 2030. Due to the rising consumption of beverages such as carbonated soft drinks, beer, and cider, the industry is anticipated to grow. Additionally, the growing restriction on plastic items brought by various government agencies across the globe owing to the associated environmental concerns is probably going to increase the demand for alternate packaging options, which will in turn be beneficial for this category’s expansion. The high malleability of aluminum and steel, the simplicity of labelling and printing on the metal surface, and design advances that appeal to young people are only a few of the physical attributes of metal that make it preferable over its substitutes.   Technologies such as can shaping and inkjet printing are used while manufacturing this product. Crown Holdings transforms beverage cans by using can-shaping technology to make inventive and distinctive containers. Shaped cans ...

The global yacht charter category is anticipated to grow at a CAGR of 5.6% from 2023 to 2030. Growth of the category can be attributed to rising demand for recreational and competitive boating and sailing activities, growth in the number of High-Net-Worth Individuals (HNWI), increase in disposable income, growth of marine tourism, surge in expenditure on luxury vacations, and boost in demand from the corporate sector. For instance, corporate yacht charters are becoming increasingly popular among executives and companies for closing business deals or organizing important meetings in distinct locations and settings that are away from office distractions. Key factors restraining the category include elevated seasonal pricing, high taxation in certain regions, cautious consumer outlook due to geopolitical and macroeconomic uncertainty, and environmental apprehensions related to yachting activities. For instance, French Tax Authorities declared a bulletin involving changes to Value Added T...

The  laboratory information management system  category is anticipated to grow at a CAGR of 6.7% from 2023 to 2030. Increasing automation such as cloud-based system, predictive analytics, and artificial intelligence has resulted in streamlined operations, increased productivity, and reduced cost, which helps laboratory information management systems (LIMS) in managing samples and associated data in the laboratories in an effective and efficient way. Additionally, rising demand for drug discoveries and R&D activities has led to the adoption and implementation of LIMS across the globe. Many laboratories are now choosing cloud-based storage solutions for their Laboratory Information Management Systems (LIMS). Cloud-based LIMS systems provide widespread connectivity within labs, connecting various workstations, devices, and data sources. This connectivity enhances operational efficiency and effectiveness. These systems also offer scalability and strong maintenance support, ena...

The industrial valves category is anticipated to grow at a CAGR of 5.7% from 2023 to 2030. The growth in the category is mainly driven by the rising usage of valves in power, oil & gas, metalworking, and chemical industries. To keep up with the growing demand, valve producers must lower fabrication costs while keeping up with the industry’s trends and innovation. Innovations such as control valves, smart valves, automatic valves, and valves with integrated electronics are expected to drive the category demand. Automatic valves encompassing electric, hydraulic, pneumatic, solenoid, and digital mechanisms are increasingly favored by manufacturing facilities seeking unmanned operations with precise flow control. The primary benefit associated with automatic valves lies in their advanced preventive maintenance capability, effectively reducing the frequency of operational disruptions compared to traditional valves. The industrial Internet of Things consists of smart valves that have ac...

The jet fuel category is anticipated to grow at a CAGR of 8.4% from 2023 to 2030. The category is mainly driven by the rising focus on clean jet oil and the growing demand for air transportation services. Additionally, factors such as tightened supplies of crude oil (the U.S. stockpiles, and rising production cuts by OPEC countries) impacted the crude oil prices which is the raw material of jet fuel. Environmentally friendly aviation fuels of superior quality play a crucial role in minimizing CO2 emissions. Sustainable jet fuels exhibit emission levels in transportation, combustion, production, and distribution that are about 75% lower than those associated with fossil jet fuel. Sustainable aviation fuel (SAF) produced from municipal solid waste, woody biomass, and other feedstocks can significantly contribute to low CO2 emissions. Adoption of renewable oil results in a significant reduction, up to 90%, in hazardous particle emissions and a complete elimination of sulfur emissions. Th...

The injection molding services category is anticipated to grow at a CAGR of 4.8% from 2023 to 2030. The trends such as on-demand injection molding, adoption of automation, and focus on sustainability are driving the demand for the category. Rising awareness about pollution created by waste has increased the focus on sustainability within the industry. According to the Journal of Clean Production 2023 report, the category accounts for 90% of the Global Warming Potential (GWP) created by the complete molding lifecycle, majorly because of energy consumption. As a result, companies are focusing on incorporating plastics such as PLA, or bio-PET materials that are biodegradable or can be recycled. Additionally, to provide energy savings, there is an increase in the adoption of all-electric injection molding machines over the traditional hydraulic-based machines. The industry has been already automated. However, injection molding facilities can still adopt some new technologies such as robot...

The global material handling equipments category is anticipated to grow at a CAGR of 5.85% from 2023 to 2030. Key factors driving the growth of the category include innovations in technology and the incorporation of Industry 4.0 into logistics infrastructure and warehouse management systems, growing need for expedited delivery, improved warehouse operations, and effective order fulfilment. In addition, the category is also being fuelled by rising e-commerce combined with shifting customer preferences is advancing last-mile delivery robot capabilities, and growing industrialization and the need for automation in material handling machinery. However, costly initial outlay for the purchase and upkeep of the product offered in the category places limitations on companies, especially small and medium-sized ones (SMEs). This may hinder the growth of the category during the forecasted timeframe. Robotics & automation, internet of things (IoT) & data analytics, smart & connected s...

The clinical staffing services category is anticipated to grow at a CAGR of 6.4% from 2023 to 2030. Given the growing need for healthcare professionals, it is now more essential than ever for healthcare organizations to collaborate with dependable staffing agencies. This partnership ensures that they can adequately fulfill the requirements of the patients. With the healthcare landscape constantly evolving, it is crucial to remain up to date with current staffing trends and best practices. Medical groups are using financial incentives to boost their workforce as staffing shortages continue to be a challenge. According to Urology Times’ June 2023 report, in comparison to the previous year, there has been an increase in the adoption of various incentives within medical groups. Referral bonuses are now being offered by 88.2% of these groups, as opposed to 82.8% in 2022. Additionally, sign-on bonuses have seen a rise, with 77.6% of medical groups providing them, compared to 69% in the prev...

The benefit administration tool category is anticipated to grow at a CAGR of 8% from 2023 to 2030. North America region dominates this category. Rising manpower in the organization has changed the way organizations handle the benefits of their employees. A hybrid work environment has improved mental and emotional workforce health. However, the major concern among the employees that have emerged following COVID-19 is an integrated employee leave strategy. This has further led to the adoption of technology to enhance efficiency and adapt to the requirements of a remote and hybrid workforce. According to Guardian 2023 report, the pandemic resulted in the investment of around USD 12 billion into software and platforms related to HR technology in 2021. Artificial intelligence has the potential to optimize benefits administration, lower expenses, boost accuracy, and improve adherence. By automating tasks, offering customized suggestions, enhancing communication, and generating valuable insi...