Market Overview The silicone market size was valued at USD 22.37 billion in 2024 and is expected to register a CAGR of 8.6% from 2025 to 2034. This surge is driven by the material's unique properties—such as thermal stability, chemical inertness, and flexibility—making it indispensable across various industries, including automotive, electronics, healthcare, construction, and...

Market Overview The piezoelectric devices market size was valued at USD 34.14 billion in 2024 and is expected to register a CAGR of 6.2% from 2025 to 2034.  Piezoelectric devices leverage the piezoelectric effect to convert mechanical energy into electrical energy and vice versa. This unique property enables their application in a wide range of sectors, including healthcare, automotive,...

Market Overview The CAR-T cell therapy market size was valued at USD 7.31 billion in 2024 and is projected to register a CAGR of 36.8% from 2025 to 2034. CAR-T therapy involves modifying a patient's T-cells to express receptors targeting cancer cells, offering a promising treatment for various hematologic malignancies and, more recently, solid tumors. The market's expansion is fueled by ongoing...

Market Overview The industrial access control market size was valued at USD 3.65 billion in 2024 and is expected to register a CAGR of 8.3% from 2025 to 2034.  Industrial access control systems are pivotal in safeguarding critical infrastructure, intellectual property, and personnel within industrial environments. These systems encompass a range of technologies, including biometric...

  Consumer Identity and Access Management (CIAM) Market Overview The consumer identity and access management (CIAM) market size was valued at USD 9.33 billion in 2024 and is expected to register a CAGR of 16.7% from 2025 to 2034. The growing digitalization of businesses is projected to propel the market growth. In addition, the rising popularity of online transactions contributes to the...

Market Overview The global freeze drying equipment market size was valued at USD 2,111.09 million in 2024 and is projected to register a CAGR of 8.7% from 2025 to 2034 Freeze drying, or lyophilization, is a preservation process that removes moisture from materials by freezing them and then reducing the surrounding pressure to allow the frozen water in the material to sublimate directly from the...

  Market Overview The global third party logistics (3PL) market size was valued at USD 1,184.48 billion in 2024 and is projected to register a CAGR of 7.5% from 2025 to 2034. The rise in global trading activities as a result of widespread globalization serves as a key factor fueling the industry expansion. Manufacturers and retailers, recognizing the importance of focusing on their core...

Market Overview The automotive brake systems market size was valued at USD 52.57 billion in 2024 and is expected to register a CAGR of 5.3% from 2025 to 2034.  Automotive brake systems are critical safety components designed to decelerate or halt vehicle motion by converting kinetic energy into heat through friction. The market encompasses various braking technologies, including hydraulic,...

Market Overview The 3D machine vision market size was valued at USD 7.02 billion in 2024, exhibiting a CAGR of 14.1% during 2025–2034. The growing automation, increased emphasis on quality control, rising automotive production, and the expansion of autonomous vehicles are driving market growth. Key Market Growth Drivers Advancements in Imaging Technologies: The development of...

Market Overview The global IoT technology market size was valued at USD 945.90 billion in 2024, exhibiting a CAGR of 7.8% during the forecast period. Market drivers include the growth of smart homes, industrial IoT adoption, a focus on energy efficiency, the evolution of 5G, urbanization, and growth in the manufacturing sector, all of which drive demand for smart devices and more intelligent...