The global lighting market size was estimated at USD 151.7 billion in 2024 and is projected to reach USD 223.3 billion by 2030, growing at a CAGR of 7.2% from 2025 to 2030. This steady growth is largely driven by increasing urbanization, the demand for energy-efficient technologies, and the widespread adoption of smart lighting systems. Conventional lighting technologies, such as...

The global LEO satellite market size was estimated at USD 12.64 billion in 2024 and is projected to reach USD 41.31 billion by 2033, growing at a CAGR of 14.0% from 2025 to 2033. The market’s rapid expansion is primarily fueled by substantial investments from both private space enterprises and national space agencies. These stakeholders are focused on developing resilient LEO...

The global lateral flow assays market size was estimated at USD 9.85 billion in 2024 and is projected to reach USD 13.60 billion by 2030, growing at a CAGR of 5.99% from 2025 to 2030. Lateral flow assays are diagnostic tools that enable the detection of specific target components in liquid samples. One of the key advantages of LFAs is that they do not require costly or specialized...

The global large and small-scale bioprocessing market size was estimated at USD 80.5 billion in 2024 and is expected to reach USD 228.7 billion by 2033, growing at a CAGR of 11.86% from 2025 to 2033.  The impressive rise in market size is largely fueled by the escalating worldwide demand for biologic products. These biologics include a broad range of therapies such as monoclonal...

The global laboratory information management system market size was estimated at USD 2.44 billion in 2024 and is projected to reach USD 3.56 billion by 2030, growing at a CAGR of 6.22% from 2025 to 2030. A key driver behind this expansion is the continuous technological advancement occurring in pharmaceutical laboratories, alongside a rising demand for automation within laboratory...

The global jewelry market size was estimated at USD 366.79 billion in 2024 and is projected to reach USD 578.45 billion by 2033, growing at a CAGR of 5.3% from 2025 to 2033. This significant market growth is primarily being driven by several interrelated factors, including increasing levels of disposable income, shifting fashion preferences, and rising demand for luxury and...

The global iron and steel market size was valued at USD 1,676.24 billion in 2022 and is projected to reach USD 2,253.52 billion by 2030, growing at a compound annual growth rate (CAGR) of 3.8% from 2023 to 2030. One of the major drivers of this anticipated growth is the increasing investment in residential construction projects across the globe. As more countries focus on...

The global iodine market size was estimated at USD 3.58 billion in 2023 and is projected to reach USD 4.88 billion by 2030, growing at a CAGR of 4.4% from 2024 to 2030. The consistent growth trajectory of this market can be attributed primarily to the rising demand within the pharmaceutical sector, along with an increasing need for iodine-enriched animal feed. Both of these industries...

The global in vitro diagnostics market size was estimated at USD 108.30 billion in 2024 and is projected to reach USD 150.13 billion by 2030, growing at a CAGR of 5.62% from 2025 to 2030. This growth is largely driven by the rising worldwide demand for diagnostic solutions that are accurate, fast, and tailored to individual patients. Several key factors contribute to this market...

The global inventory management software market size was estimated at USD 3.58 billion in 2024 and is projected to reach USD 7.14 billion by 2033, growing at a CAGR of 8.4% from 2025 to 2033. A significant factor driving this expansion is the increasing prevalence of dropshipping and third-party logistics (3PL) services, which are reshaping supply chain operations and demanding more...