Global Baby Food Industry Snapshot: Top 10 Players, Market Value & Strategic Trends

Introduction: Baby Food as a Strategic Consumer Health Category

The global baby food industry sits at the intersection of nutrition, regulation, demographics, and brand trust. It covers infant formula, baby cereals, purees, snacks, and toddler milks designed for children typically under three years of age.

As birth rates fall in many markets but parental willingness to spend more per child rises, the sector is shifting from pure volume growth to value growth: more premium, specialized, organic, allergen-friendly, and medically oriented products. At the same time, stricter regulations on contaminants (like heavy metals), labeling, and marketing are reshaping product portfolios and investment decisions.

1. Market Value: How Big Is the Global Baby Food Industry?

Different analysts scope the market slightly differently (some focus on infant formula, others include all packaged baby foods). But they consistently put the global market in the high tens of billions of dollars and growing steadily:

  • As per the report by Knowledge Sourcing Intelligence, the global baby food market, at a 4.71% CAGR, is expected to grow to USD 142.222 billion in 2030 from USD 112.986 billion in 2025. The market growth is driven by increasing child nutrition awareness, rising female labor force participation, high birth rates in key regions, and a growing demand for organic baby food products. The market encompasses a variety of products, including infant formula, prepared baby food, dried baby food, and snacks, catering to infants and toddlers aged four months to two years.
  • Abbott Laboratories, a major player in the global baby food market, increased its net sales from USD 10,241 million in 2023 to USD 10,974 million in 2024, demonstrating the impact of rising disposable incomes. As households have greater disposable money, they are more likely to buy goods positioned in the premium, fortified, and convenience categories of infant foods. The net sales increase from 2023 to 2024 demonstrates a steady base of consumers who continue to show a willingness to spend on nutritious and high-quality options for their babies. This also reflects how increased disposable income ensures more opportunities for market growth, while creating the option for manufacturers to innovate and create greater product diversification.

Despite demographic headwinds (especially in Europe, Japan, and China), market value is being sustained by:

  • Higher spend per child (premiumisation)
  • Greater female workforce participation
  • Higher urbanization and demand for convenience
  • Expansion of organized retail and e-commerce in emerging markets
  • Growth in specialized categories (organic, hypoallergenic, plant-based)

Asia-Pacific is the fastest growing region for the baby food market. In accordance with this, several sources note that the region already accounts for the largest share of the baby food market and is expected to remain the fastest-growing region. At the National level in India, the overall birth rate is 18.4 per 1,000 population, with the rural birth rate higher at 20.3, compared to 14.9 in urban areas in 2023. The Asia Pacific also offers a rapidly developing baby nutrition and pediatric care products market. Various global companies, like Nestlé, have increased their operations and research & development in this region to offer more personalized and curated products and solutions.

2. Top 10 Players: Data Points & Comparisons

A widely cited infant formula list (which overlaps strongly with packaged baby food) identifies the following top 10 global companies: Nestlé, Danone, Arla Foods, Yili Group, Abbott, The Kraft Heinz Company, Bellamy’s Organic, Reckitt (Mead Johnson), Perrigo, and FrieslandCampina.

Comparative Snapshot

Company HQ Key Baby / Infant Brands Recent Scale & Signals (latest public info)
Nestlé Switzerland Gerber, Cerelac, NAN, Illuma, Lactogen, Nestogen Nestlé is a Swiss-based multinational conglomerate known globally for its diverse portfolio in food and beverages. Its mission is to tackle the power of food to improve lifestyle quality for all. The company has a strong global presence, with its products sold in 188 countries worldwide. Moreover, its global sales for 2023 come to 93.0 billion CHF. It has 270,000 employees worldwide and 340 manufacturing factories in 76 nations. In 2023, the company’s sales contribution from emerging markets was robust, with 41% of the group’s total sales.
Danone France Aptamil, Nutrilon, Cow & Gate, Bledina FY 2024 sales: €27.4 billion, up 4.3% like-for-like; Specialized Nutrition (which includes infant formula) remains a core growth pillar. In Q3 2025, Danone beat forecasts with 4.8% sales growth, largely owing to booming demand for infant milk formula and medical nutrition in China.
Arla Foods Denmark Baby&Me Organic, Arla Baby & Me 2024 revenue: €13.8 billion. Arla emphasizes higher-value dairy, including infant nutrition, and forecasts continued strong demand for premium dairy, including baby products.
FrieslandCampina Netherlands Friso, Frisian Flag 2024 revenue: €12.9 billion, slightly down due to FX impacts, but Friso infant nutrition gained share in China, driving growth in its professional nutrition business.
Yili Group China Jinlingguan, Pro-Kids, and other infant milk brands One of Asia’s largest dairy firms; FY 2024 revenue reached 115.8 billion yuan, with strong growth across categories. Jinlingguan has topped specific infant formula sales rankings in China, underscoring Yili’s weight in the domestic baby food market.
Abbott US Similac, PediaSure In Pediatric Nutrition, global sales increased 1.5 percent on a reported basis and 2.5 percent on an organic basis. Sales in the U.S. reflect continued market share gains in the infant formula business.
Reckitt (Mead Johnson) UK Enfamil, Nutramigen Reckitt’s 2024 group net revenue was about £14.6 billion, with its Mead Johnson infant formula arm still key but under strategic review and facing potential divestment in some markets. Enfamil remains one of the most recommended formulas by pediatricians.
Kraft Heinz US Plasmon, Nipiol, Heinz baby foods (regional) Kraft Heinz has moved to streamline its baby and specialty food portfolio, announcing the sale of its Italian baby food business (including Plasmon) and a related plant to NewPrinces Group in 2025.
Perrigo Ireland / US Store-brand infant formula (private label) Perrigo is the leading store-brand baby formula manufacturer in the US; its infant formula unit is expected to generate about USD 360 million in net sales in 2025 (~<10% of total company revenue). The company has launched a strategic review of this business, reflecting margin and regulatory pressures.
Bellamy’s Organic Australia Bellamy’s Organic infant formula & foods A super-premium organic baby brand with strong exposure to China. Though detailed recent financials are limited post-acquisition by Mengniu, it remains a key organic player and a bellwether for demand in high-end imported formulas.

Key Pattern:

Most leaders are large dairy or diversified nutrition multinationals with baby food as part of broader portfolios. Several (Nestlé, Danone, Arla, FrieslandCampina, Yili) are doubling down on premium and specialized infant nutrition, while others (Kraft Heinz, Perrigo, parts of Reckitt) are pruning or reviewing baby food assets where returns or strategic fit are weaker.

3. Investments, Regulation & Key Country Dynamics

As per the data by the World Bank Group, India had 16 births per 1,000 people in 2023, China had 6 births per 1,000 people in 2023, and Australia had 11 births per 1,000 people. The higher birth rate in India indicates a rapidly expanding child population, creating a large and growing consumer base for baby food and nutrition.

Number of Births in India, China, and Australia, Per 1,000 People, 2023

Number of Births in India, China, and Australia

Source: World Bank Group

Since baby food concerns infant health, governments heavily influence the industry through food safety, contaminant limits, and marketing rules, which in turn shape where companies invest.

United States: Tightening Safety Standards

In early 2025, the U.S. Food and Drug Administration (FDA) issued new voluntary guidelines to reduce lead levels in processed baby foods as part of its “Closer to Zero” initiative. The guidelines recommend:

  • Max 10 ppb of lead in foods like yogurt, puddings, fruits, vegetables, and meats for babies.
  • Max 20 ppb for single-ingredient root vegetables and dry cereals.

European Union – Premiumisation & Origin Trust

Europe has long had strict rules for infant formula composition and marketing. The latest strategic trend is around premium, origin-focused brands and organic certifications, especially for export to China and other Asian markets.

European dairy majors (Danone, Arla, FrieslandCampina) are investing in:

  • Higher-margin specialized formulas (hydrolyzed, allergy-focused, medical)
  • Organic and grass-fed ranges
  • “Farm-to-formula” traceability storytelling

Danone’s acquisition of Kate Farms, a US plant-based organic medical nutrition company, extends this specialization into plant-based medical formulas and tube feeds, strengthening its footprint in high-value healthcare nutrition.

China – Demographics vs. Premium Demand

China faces declining births, but remains the single most important growth market for infant formula by value.

  • Yili continues to hit record revenues (115.8 billion yuan in 2024) and leads dairy markets across Asia.
  • International brands, from Nestlé and Danone to a2 Milk and Bellamy’s Organic, still view China as critical for premium and super-premium products, even as domestic brands gain share.

Government scrutiny over quality, labeling, and foreign ownership remains intense, so companies tend to invest in local manufacturing, JV structures, and “China-label” products.

India – Compliance & Market Formalization

India is not yet a value giant like China, but its large infant population makes it strategically important. The Food Safety and Standards Authority of India (FSSAI) has:

  • Launched a nationwide drive in 2024 to check compliance of all baby food companies with existing standards via inspections, surveillance, and product testing.
  • In 2025, proposed to restrict new registrations and renewals for certain high-risk food categories, including infant nutrition and milk powders, allowing only higher-tier licenses.

This effectively raises the bar for new entrants and pushes existing players to invest in compliance systems, plant upgrades, and documentation.

4. Recent Company & Industry Updates

A few 2024–2025 headlines capture how the sector is evolving.

Portfolio Reshaping & M&A

  • Kraft Heinz agreed in 2025 to sell its Italian baby food and specialty brands Plasmon, Nipiol, and Dieterba, plus a manufacturing facility, to NewPrinces Group. This continues a trend of large food groups exiting non-core baby portfolios to focus on higher-margin or better-scaling categories.
  • Perrigo announced a strategic review of its infant formula business in 2025, signaling potential sale, JV, or restructuring. The unit’s ~USD 360m revenue is significant but sub-scale relative to Perrigo’s broader OTC health focus.
  • Danone acquired a majority stake in Kate Farms (US plant-based organic formula & medical nutrition), reinforcing its strategy around specialized, medically oriented nutrition rather than just mainstream formula.

Growth Stories

  • The table below shows the top companies and their latest developments:

Baby Food, Key Developments, 2024-2025

Date Description
 

 

July 2025

  

Nara Organics, a startup infant-nutrition brand, recently launched what it describes as the first and only FDA-registered, USDA-certified organic whole-milk infant formula (with no skim milk) designed to meet both U.S. and European safety standards.

 
 

 

May 2025

  

ByHeart, the leading next-generation infant nutrition company, announced the launch of its latest product: the Anywhere Pack, a game-changing, mess-free method of feeding babies on the go. Convenient, compact, and pre-portioned, the Anywhere Pack provides parents with the freedom to feed anywhere life leads.

 

 
 

 

April 2025

  

Bobbie launched the first and only USDA-certified organic whole-milk infant formula manufactured in the United States, produced at its facility in Heath, Ohio. The new formula is designed to more closely mimic breast milk, using organic whole milk (rather than skim) to deliver naturally occurring milk fat globule membrane (MFGM), along with DHA and choline, while avoiding palm oil, soy fat blends, corn syrup, and unnecessary additives.

 
 

 

October 2024

  

Brainiac Foods, the company that specializes in brain health and wellness, introduced its new Neuro+ line in stores at Target locations across the United States. Neuro+ brings the highest level of brain nutrition to the baby food category with the introduction of Milk Fat Globule Membrane (MFGM), a nutrient in a mother’s milk that has been shown to enhance a baby’s brain development and immune system.

 
 

 

September 2024

  

Perrigo Company plc, a top global provider of Consumer Self-Care Products, unveiled a new brand collaboration: Good Start®1 and Dr. Brown’s®2 infant formula solutions. Good Start®, a family-trusted infant formula brand for more than 50 years, and Dr. Brown’s®, producers of the No. 1 pediatrician-recommended baby bottle in the U.S., are united in a long-standing mission of building confident feeding experiences for families.

 

ESG & Public Health Scrutiny

  • An investigation by advocacy group Public Eye accused Nestlé of adding significant amounts of sugar to its Cerelac cereals in African markets, despite WHO guidance to avoid added sugars for children under three. Over 90% of the 94 sampled products reportedly contained added sugar.

This type of scrutiny is pushing global players to:

  • Harmonize formulations across regions
  • Reduce sugar and salt in early-life products
  • Tighten labeling and marketing practices

5. Strategic Trends & Future Outlook

Bringing all this together, several structural trends stand out.

5.1 Premiumisation Over Pure Volume

With birth rates stagnating or falling in many major markets, growth is increasingly driven by:

  • Premium and “super-premium” formulas
  • Organic, grass-fed, plant-based, or goat-milk options
  • Functional and medical formulas for allergies, preterm infants, gut health, etc.

Nestlé has explicitly acknowledged this, noting that parents with fewer children spend more per child and that its strategy in children’s nutrition is to grow through premiumisation rather than volume alone.

5.2 Asia-Pacific as the Value Core

Despite lower birth rates, China, broader Asia-Pacific and the Middle East remain the value core of the global baby food business.

  • Chinese consumers continue to drive high-value demand for both domestic brands (Yili, Feihe) and imported players (a2 Milk, Danone, Bellamy’s, Nestlé).
  • Southeast Asia and India provide volume and long-term growth potential as incomes rise and modern retail expands.

5.3 Regulation as a Growth Gatekeeper

Increasingly, regulation is the gatekeeper of growth:

  • FDA’s lead guidelines in the US, FSSAI’s compliance drives in India, and EU/Chinese formula rules all require heavy investment in compliance and quality systems.
  • Companies that can consistently meet these standards and transparently communicate quality are better positioned to gain share, especially after high-profile contamination incidents.

5.4 Portfolio Focus & Consolidation

We are also seeing a portfolio reshaping cycle:

  • Some diversified food giants (Kraft Heinz, perhaps parts of Reckitt and Perrigo) are exiting or reviewing baby food lines where they lack scale or strategic fit.
  • Conversely, specialists and nutrition-focused groups (Danone, a2 Milk, Nestlé, Abbott’s nutrition arm) are doubling down on early-life nutrition as part of a broader “lifelong health” strategy.

5.5 Long-Term Outlook

Given demographic realities and regulatory intensity, the global baby food industry is unlikely to see explosive volume growth but it will see:

  • Stable to moderate value growth (4.71% CAGR)
  • A clear shift toward higher-margin, specialized products
  • Further consolidation, with scale and trust as key competitive advantages
  • Increasing integration with healthcare systems (medical nutrition, hospital channels)

Comprehensively, baby food is evolving from a basic grocery category into a strategic, premium, quasi-healthcare segment, where brand reputation, compliance, innovation and regional execution matter as much as raw volume.

Global AI Chip Market Trends: From Data Centers to Edge AI – Market Value, Supply, and Demand Dynamics

Introduction: Why AI Chips Matter Now

AI has shifted from a back-office experiment to the engine of the global digital economy. Generative AI models, predictive analytics, and real-time automation now sit at the core of cloud platforms, industrial systems, financial trading, healthcare diagnostics, and national security. None of this is possible without specialised silicon. AI chips, GPUs, TPUs, NPUs, ASICs, and AI-optimised SoCs are built to crunch matrices, parallelise workloads, and move data at extraordinary speed.

Countries around the world are becoming increasingly aware of the potential economic and social benefits of developing and applying AI. For example, China and the U.K. estimate that 26% and 10% of their GDPs, respectively, in 2030 will be sourced from AI-related activities and businesses.

Under the IndiaAI Compute Pillar, the Mission is developing a scalable AI computing ecosystem to support India’s growing AI startup and research community. This initiative includes the establishment of a state-of-the-art AI compute infrastructure featuring 18,000+ GPUs, built through public-private partnerships. The Union Minister of Electronics & IT, Railways, and I&B has announced that eligible users can access AI compute at up to 40% reduced cost under the IndiaAI Mission, which has a budgetary outlay of ₹10,372 Cr.

1. Market Value: How Big Is the AI Chip Opportunity?

The AI chip market has moved beyond niche status. One widely cited industry analysis estimates that the global artificial intelligence chipset market is worth about USD 86.370 billion in 2025 and could reach USD 281.570 billion by 2030, implying a 26.66% compound annual growth rate (CAGR) between 2025 and 2030.

This estimate covers AI accelerators and AI-enabled processors across data centers, edge devices, and embedded applications. Even if the lower bound of various forecasts is taken, the market will quadruple or more over the next decade, making AI chips one of the fastest-growing semiconductor segments in history.

Taken together, this indicates:

  • AI chips are already a tens-of-billion-dollar market.
  • By 2030, they will likely be a hundreds-of-billions market, rivalling or surpassing entire legacy semiconductor categories like memory or traditional CPUs.

2. Top Companies Leading in the Industry

While dozens of firms design AI silicon, a few players dominate the global landscape, especially in high-end data center accelerators. The global AI chip market is increasingly defined by a small group of technology leaders that control design innovation, manufacturing access, and ecosystem development. Unlike traditional semiconductor markets where competition is driven by unit volume and price, the AI chip industry is shaped by platform dominance, software compatibility, and system-level integration.

Four companies illustrate the industry’s structure particularly well:

  • NVIDIA, the dominant force in data center acceleration
  • AMD, the fastest-growing competitor in high-performance AI chips
  • Alphabet (Google), building a vertically integrated AI computing stack
  • Dell, one of the strongest monetizers of AI hardware through server systems

Together, these firms represent the full AI value chain, from processor design and in-house silicon to hyperscale infrastructure and enterprise deployment. Their strategies reflect how the AI chip market is evolving from a hardware business into a compute ecosystem economy.

NVIDIA

  • Fiscal 2025 revenue: USD 130.5 billion, up 114% year-on-year.
  • Q3 FY2026 revenue: USD 57.0 billion, with USD 51.2 billion from data center products alone, up 66% versus the prior year.

That means in a single quarter, more than 89% of NVIDIA’s revenue came from data center AI and related infrastructure, illustrating how tightly the company is now tied to AI compute.

AMD: Aggressive Challenger

AMD is positioning itself as the main alternative to NVIDIA:

  • The company recently told investors it expects the overall data center chip market could grow to USD 1 trillion by that time.

AMD’s roadmap (e.g., the MI300 and upcoming MI400 AI accelerators) is designed explicitly to capture hyperscale AI workloads and close the gap with NVIDIA.

Alphabet/Google

Google originally built its Tensor Processing Units (TPUs) for internal products like Search, Ads, and Gemini. This move effectively turns Google into a direct rival to NVIDIA in the AI accelerator space, at least for select customers.

Dell and System Integrators

Dell is a bellwether for how AI chips translate into server sales:

  • Dell now expects USD 15 billion or more in AI server revenue in fiscal 2026, up sharply from its previous guidance.

These figures show that much of the economic value of AI chips flows through server OEMs and system integrators.

3. Data Centers: The Heart of AI Chip Demand

Data centers are where the most expensive AI chips live. Training and serving large models requires:

  • Tens of thousands of GPUs or TPUs per cluster
  • High-bandwidth memory (HBM)
  • Custom interconnects and networking
  • Massive power and cooling infrastructure

NVIDIA’s numbers illustrate this concentration: over 89% of its Q3 FY2026 revenue came from data center products.

AMD’s growth story is similar; its bull case is essentially a bet that data center AI workloads will drive the majority of its future revenue.

4. Investments and Government Policy in Key Countries

AI chips have become so strategic that governments now treat semiconductor policy as national security policy. Here are the most important moves, with figures from official or quasi-official sources.

United States – CHIPS and Science Act

The CHIPS and Science Act, signed in 2022, provides USD 52.7 billion in direct funding for semiconductor research, manufacturing, and workforce development, including USD 39 billion in manufacturing incentives and USD 13.2 billion for R&D and training.

The broader law authorizes around USD 280 billion in science and technology funding, much of which supports AI-relevant areas like advanced computing, quantum, and materials research.

While the Act is not limited to AI chips, its incentives are directly driving:

  • New advanced fabs that will manufacture high-end GPUs and AI accelerators
  • Domestic R&D centers focused on next-generation AI architectures

European Union – European Chips Act

The European Chips Act aims to double Europe’s share of global semiconductor production to 20% by 2030.

Public documents estimate over EUR 43 billion in investment by 2030, including EUR 11 billion for the “Chips for Europe Initiative” targeting R&D and pilot lines.

Europe’s strategy is to anchor AI chip supply for industries where it is already strong, automotive, industrial machinery, and telecom, so that AI-enabled vehicles, factories, and networks are not wholly dependent on imported chips.

Moreover, the increasing adoption of AI, particularly among large organizations, as highlighted by the Office of Artificial Intelligence report, significantly fuels the data center colocation market. In line with this, the 432,000 UK businesses that have already implemented AI have invested a total of £16.7 billion in AI technology by 2020. The average expenditure per large business was £1.6 million. By 2025, spending on AI technology might reach between £27.2 billion and £35.6 billion, growing at rates of around 10% and 16%, respectively, every year, which shows the growing need for data center colocation.

Japan – Strategic Semiconductor Budgets

Japan’s Ministry of Economy, Trade, and Industry (METI) has laid out a Semiconductor Revitalization Strategy with significant public spending:

  • A FY2023 semiconductor budget of about JPY 1.85 trillion (~USD 13 billion), combining advanced logic investment, general capital support, and R&D.

This subsidy supports projects such as TSMC’s and Micron’s Japanese plants, tying Japan directly into the global AI chip supply chain.

South Korea – “K-Chips Act” and Incentives

South Korea, home to Samsung and SK Hynix, has reinforced its position with the so-called “K-Chips Act”, which:

  • The government pledged to invest in strategically important semiconductor sectors, including power, automotive, and AI semiconductors, as part of its long-term R&D road-map. With the above financial and regulatory support, the government set a goal of doubling semiconductor production to $245B, with an export target of $200B, by 2030.

These incentives are critical for sustaining investment in leading-edge memory and logic production that serve AI workloads.

China – Domestic Substitution Drive

While official data are more fragmented, Beijing has made semiconductor self-reliance a central pillar of its industrial policy. US export controls on advanced AI chips have accelerated:

  • Massive local investment in AI chip design
  • Government support for domestic fabs, packaging plants, and equipment makers
  • Pressure on large platforms (e.g., cloud companies and internet firms) to adopt home-grown accelerators in their data centers

In effect, China is building a parallel AI chip ecosystem to reduce dependence on US-aligned supply chains.

Government Investments and National AI Chip Strategies

Country / Region Official Policy Framework Public Investment Value Key Focus Areas Strategic Objective for AI Chips
United States CHIPS and Science Act (2022) USD 52.7 billion direct semiconductor funding (USD 39B manufacturing + USD 13.2B R&D & workforce). Broader authorization of ~USD 280 billion for science & advanced technology programs Advanced semiconductor fabs, AI accelerators, workforce training, quantum research, materials science Build domestic capacity for AI chips; reduce dependence on Asian manufacturing; maintain global AI leadership.
European Union European Chips Act EUR 43+ billion by 2030, including EUR 11 billion for “Chips for Europe Initiative.” Automotive AI, industrial AI systems, telecom chips, R&D pilot lines Achieve 20% global semiconductor production share by 2030; localize AI chip supply for strategic industries
United Kingdom National AI Strategy / Office of Artificial Intelligence initiatives £16.7 billion invested in AI by 2020 across 432,000 businesses; projected £27.2–£35.6 billion by 2025 AI adoption, cloud computing, data centers, and workforce skills Scale AI infrastructure; increase demand for data center colocation; accelerate enterprise adoption
Japan METI Semiconductor Revitalization Strategy FY2023 budget of JPY 1.85 trillion (~USD 13B) Advanced logic, memory manufacturing, R&D, and capital support Restore Japan’s global semiconductor relevance; integrate into AI supply chains through TSMC & Micron

5. Market Value Details and Structure

With data center AI, edge devices, and industrial systems all demanding compute, the AI chip market is a stack of overlapping layers:

  1. Data center accelerators – GPUs, TPUs, AI ASICs used for training and large-scale inference
  2. Edge and mobile AI SoCs – smartphone, tablet, PC, IoT, and automotive processors with AI engines
  3. AI inference hardware and infrastructure – specialized chips for real-time decision-making at the edge and in smaller data centers

From the above-mentioned data points, it is clear that:

  • Data center chips are high-value, lower-volume, dominating revenue, but not unit sales.
  • Edge and inference chips are high volume, slightly lower value, driving ubiquity across industries.

AMD’s forecast of a USD 1 trillion data center chip market by 2030 reflects not just GPUs but CPUs, DPUs, memory, and networking silicon used in AI-first facilities.

6. Recent Company Updates: Signals from the Front Line

A few very recent developments show how fast the AI chip market is evolving:

  • NVIDIA: Q3 FY2026 results, USD 57B total revenue, USD 51.2B from data centers, up 66% year-on-year, confirm that demand for accelerators remains extremely strong even after initial generative AI hype.
  • AMD: At its November 2025 analyst day, AMD projected 35% annual growth across its business and 60% annual growth in data centers over the next 3–5 years, anchored by AI chips and a multiyear deal with OpenAI.
  • Alphabet/Google: TPUs are a credible competitor to NVIDIA’s GPUs, and Meta’s talks to spend billions on Google chips for its data centers from 2027 onward mark the first large-scale external adoption of TPUs.

These updates suggest that:

  • The world is still in the build-out phase of AI infrastructure.
  • Large buyers are diversifying away from single-vendor reliance.
  • AI hardware is becoming a core driver of overall tech sector revenue.

7. Future Outlook

Short Term (2025–2027): Capacity and Competition

Over the next few years, the market will likely be defined by:

  • Continued supply tightness for leading-edge GPUs and HBM
  • Intense competition between NVIDIA, AMD, and custom cloud chips
  • Rapid growth in AI-optimised server shipments
  • Ongoing government subsidies and tax incentives for new fabs

Export controls and geopolitics will shape who has access to top-tier AI chips and where fabs are built.

Medium Term (2028–2030): Custom Silicon and Edge Explosion

By the end of the decade:

  • Most major cloud and consumer platforms will use custom AI silicon for at least part of their workloads.
  • AI capabilities will be embedded into nearly every premium smartphone, automobile, and industrial machine, making AI chips a horizontal technology rather than a niche component.
  • The AI inference market’s growth suggests that edge deployments outnumber data center deployments by a wide margin, even if the latter still dominate revenue.

Long Term (Beyond 2030): AI Chips as National Infrastructure

As CHIPS-type laws in the US, European Chips Act investments in Europe, Japan’s multi-trillion-yen semiconductor budgets, and Korea’s K-Chips incentives all mature, one might expect:

  • A more regionalised semiconductor landscape with at least three or four major AI chip manufacturing blocs.
  • AI chips to be treated as critical infrastructure, akin to energy or telecoms.
  • Increased innovation in packaging, 3D stacking, and alternative computing paradigms (neuromorphic, quantum-assisted accelerators) as Moore’s Law slows.

Conclusion

The global AI chip market has become the keystone of the AI era. Market value is compounding at high double-digit rates, driven by relentless demand from data centers, rapidly proliferating edge devices, and industrial automation.

Governments are pouring tens of billions of dollars into semiconductor incentives because they recognise that control over AI chip production is a determinant of economic and strategic power.

On the corporate side, NVIDIA’s towering data center revenue, AMD’s trillion-dollar market thesis, Alphabet’s growing TPU ambitions, and Dell’s swelling AI server backlog paint a clear picture: AI hardware is the main growth engine of the broader tech sector.

In the coming decade, nations that can design, manufacture, and deploy AI chips at scale will not just lead the semiconductor industry; they will shape the trajectory of the global economy itself.

Single-Use Bioreactors Market expected to reach US$7.258 billion by 2030

Single-Use Bioreactors Market Trends & Forecast

According to a research study published by Knowledge Sourcing Intelligence (KSI), the single-use bioreactors market will expand from USD 5.462 billion in 2025 to USD 7.258 billion in 2030 at a CAGR of 14.55% during the forecast period.

Single-use bioreactors in the SAFS represent a transformative shift within Biopharmaceutical manufacturing, replacing stainless steel systems with disposable, pre-sterilized plastic bags and components. These systems allow flexible production while ensuring sterile conditions for the manufacture of biologics, vaccines, and cell therapeutics, which reduces cleaning validation time and costs.

The advent of this change is the biopharmaceutical boom, with worldwide biologics sales growing on an annual basis. Monoclonal antibodies take precedence among the spectrum of applications for single-use bioreactors because they promise the highest revenues within treatments for cancer and autoimmune diseases. Cell and gene therapies demand the modular flexibility of single-use bioreactors for low-volume, high-value manufacturing, with FDA approvals fueling their growth at a fabulous pace. Cost savings-further installation costs that would be attractive to contract manufacturing organizations. Regulatory impetus for sustainability and shortened time-to-market time enhances adoption; single-use bioreactors practically slash water and energy consumption by almost that rate as reusable systems. Many opportunities for AI-integrated bioreactors would provide real-time optimization and hybrid models mixing single-use bioreactors with reusables.

Request a free sample copy or view the report summary: Single-Use Bioreactors Market Report

Single-Use Bioreactors Market Report Highlights

  • The Single-Use Bioreactor Systems segment is expected to attain a major market share by 2030, driven by its increased scalability from utilization in research and development to commercialization. It requires decreased validation and diverse filtration assemblies’ usage for sterility in regulatory and integration in the downstream. The increasing shift towards pre-sterilization practices and in sensor-integrated assemblies is increasing this segment among biobased companies for increasing sustainability.
  • The mammalian cell is estimated to hold the largest share in the cell type segment during the forecasted period. This is due to its leading role in the production of biologics like cells for antibodies in the biopharmaceutical sector. The growing penetration of these cell cultures in applications for development in clinical trials and the pipeline, and increased compatibility that decreases contamination in sensitive processing.
  • The monoclonal antibodies segment is the vast segment in the molecular type of the single-use bioreactors market. The monoclonal antibodies a widely used in diverse disease evaluations, like autoimmune diseases, infectious treatments, and oncology, which increases the demand for single-use bioreactors. Meanwhile, the vaccine is holding a considerable share, which promotes production requirements and pandemic-driven requirements.
  • The pharmaceuticals and biopharmaceuticals segment is a major segment in the end-user of this market. They utilize single use bioreactors widely in increased production of biologics and extensive investment for research and development of new biologics, also increasing the demand for single-use bioreactors. The financing and seamless scaling in mAbs, therapies, and vaccines manufacturing also boost the adoption of the market in the coming years.
  • North America is driving the single-use bioreactors market due to the strong healthcare and biopharma infrastructure in the region. Furthermore, the presence of major players such as Thermo Fisher also boosts the regional market, along with increased research and development investment by the regional firms. These will also boost the adoption og single-use bioreactors for biologics production in the region.

Report Coverage:

Report Metric Details
Market Size Value in 2025 US$5.462 billion
Market Size Value in 2030 US$7.258 billion
Growth Rate CAGR of 14.55%
Drivers
  • Growing Demand for Vaccines and Biologics
  • Robust Adoption in Contract Development & Manufacturing Organization
Restraints
  • Consumable cost and Operating Expense Profile
  • Concern related to Waste Management
Segments Covered
  • Product Type
  • Cell Type
  • Molecule Type
  • End-User
  • Geography
Companies Covered
  • ABEC Inc.
  • Celltainer
  • Distek Inc.
  • Eppendorf AG
  • GE Healthcare

Single-Use Bioreactors Market Growth Drivers and Restraints

Growth Drivers:

  • Growing Demand for Vaccines and Biologics: The rise in demand for biologics like recombinant proteins and mAbs, antibiotics, and vaccines, along with personalized gene therapies, demands an effective and flexible manufacturing process and a fast time for clinical development. This is increasing the demand for these single-use bioreactors, which are faster and have a lower cost overall while offering sustainability due to decreased carbon footprint caused by them. Hoch is promoting its adoption among manufacturers.
  • Robust Adoption in Contract Development & Manufacturing Organization: the stringent contract development and manufacturing organization adoption and focus on the single-use bioreactors and their associated platforms for supporting the utilization and flexibility is also promoting the market.

Restraints:

  • Consumable cost and Operating Expense Profile: The increased cost in the disposable materials like sensors, connectors, and bags can be costly even though the initial capital is lower, which could hinder their wider adoption.
  • Concern related to Waste Management: the single-use bioreactors produce a large amount of plastic waste in the form of bags, tubing, and other disposables, which can create a sustainability concern.

Single-Use Bioreactors Market Key Development

  • Product Launch: In April 2025, Thermo Fisher Scientific unveiled the 5L DynaDrive Single-Use Bioreactor to align with the changing requirements of modern biopressing. It provides continuous scalability from 1 to 5,000 liters, and a growth in bench scale processing and development, and offers cost-effectiveness.
  • Product Launch: In March 2025, Cytiva widens Xcellerex X-platform for increasing the scalability from 50 liters to 2,000 liters to meet the rising requirements for regulatory-approved products and clinical trials.

Single-Use Bioreactors Market Segmentation

Knowledge Sourcing Intelligence has segmented the Single-Use Bioreactors Market based on product type, cell type, molecular type, end-user, and region:

Single-Use Bioreactors Market, By Product Type

  • Single-Use Bioreactor Systems
  • Media Bags
  • Filtration Assemblies
  • Other Products

Single-Use Bioreactors Market, By Cell Type

  • Mammalian cell
  • Bacteria
  • Yeast
  • Other Cell Types

Single-Use Bioreactors Market, By Molecular Type

  • Monoclonal Antibodies
  • Vaccines
  • Stem Cells
  • Gene-modified Cells
  • Other Molecule Types

Single-Use Bioreactors Market, By End User

  • Pharmaceutical and Biopharmaceutical industries
  • Contract Research Organisations
  • Other End-Users

Single-Use Bioreactors Market, By Region

  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • United Kingdom
    • Germany
    • France
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Others
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Taiwan
    • Thailand
    • Indonesia
    • Others

Single-Use Bioreactors Market Key Players

  • ABEC Inc.
  • Celltainer
  • Distek Inc.
  • Eppendorf AG
  • GE Healthcare
  • Thermo Fisher Scientific
  • Parker Hannifin
  • Danaher
  • PBS Biotech
  • Cellexus
  • Applikon Biotechnology

Monorail Systems Market expected to reach USD 9.725 billion by 2030

Monorail Systems Market Trends & Forecast

According to a research study published by Knowledge Sourcing Intelligence (KSI), the monorail systems market will expand from USD 7.987 billion in 2025 to USD 9.725 billion in 2030 at a CAGR of 4.02% during the forecast period.

A monorail system is a kind of rail system that has a track that hangs in the air and is used for suspended working platforms to be moved for maintenance work. The track can straddle the rail or be suspended from it. Monorails have just one rail track system on which to run, unlike traditional railways. Although most monorail networks are elevated, some monorails can run at grade level or underground with varying parameters tailored to different urban environments and transport use cases.

Several factors influence the increment in monorail systems globally, such as population growth requiring the provision of efficient mass transportation solutions. Moreover, the rise in demand for sustainable public transport, which offers less traffic congestion and lower noise pollution, like magnetic levitation monorails, will promote the expansion of the market. They are cheaper, have a lower carbon footprint, and require less maintenance, leading to higher adoption of these systems in the world.

Get In-Depth Analysis of the Monorail Systems Market

This article covers the fundamentals. Our full market report provides the granular data, competitive landscape, and strategic insights you need to navigate the global monorail systems industry.

  • ✅ Detailed Market Size & Growth Forecasts to 2030
  • ✅ Key Player Analysis & Market Share
  • ✅ Segmentation by Type, Autonomy, Propulsion & Regional Trends

Monorail Systems Market Report Highlights

  • The straddle monorail segment is estimated to hold the dominant market share by 2030 in the type segment. It is due to the flexibility of the system in dense urban regions, along with the cost-effectiveness. It offers a system to seamlessly navigate the gradients and compatibility for high-capacity transit of the public.
  • The completely autonomous segment is the fastest-growing segment in the autonomy of the monorail systems market. The market is expected to decrease operational costs and advance safety, such as decreasing human error. The increase in a completely autonomous monorail system is also driven by the increase in scalability offered in smart cities.
  • The electric monorail segment is expected to experience substantial growth in the propulsion type in the market around the world. It is growing in demand for a low carbon footprint, along with the growing sustainability trend. This type of system offers energy efficiency like regenerative braking, and aligns with the cost savings in operation factors with renewable grids.
  • North America is expected to have a major share of the worldwide market of monorail systems during the forecasted period. The region is strongly invested in the infrastructure development project, along with an increase in advancement, especially in the United States. Further, the rise in public and private companies’ collaboration for addressing the urban growth with the development of smart cities is also contributing to the regional market.

Explore the Artificial Intelligence (AI) in Transportation Market

Completely autonomous monorails are the fastest-growing segment. Get our comprehensive report on AI in Transportation to understand how AI is revolutionizing rail and urban mobility worldwide.

Report Coverage:

Report Metric Details
Market Size Value in 2025 US$7.987 billion
Market Size Value in 2030 US$9.725 billion
Growth Rate CAGR of 4.02%
Drivers
  • Growing Population and Rising Congestion
  • Rapid Urbanization and Smart-City Programs
Restraints
  • High Cost of Initial Installation and Maintenance
  • Integration Challenges with Existing Infrastructure
Segments Covered
  • Type
  • Autonomy
  • Propulsion Type
  • Geography
Companies Covered
  • Alstom
  • Hitachi Rail
  • Rostek
  • Storee Construction Co.
  • Atlas Anchor Systems


Explore the Rolling Stock Market

Monorail systems are part of the broader rolling stock ecosystem. Access our in-depth Rolling Stock Market report for global trends, locomotive analysis, and growth forecasts in rail transport.

Monorail Systems Market Growth Drivers and Restraints

Growth Drivers:

  • Growing Population and Rising Congestion: The rise in population requires less space for functioning, which monorail systems provide than conventional railway, hence it is suitable for high population density regions. According to the United Nations Population Fund (UNFPA), the total population growth in the world was estimated to be 8,119 million in 2024. The highest rise in population was observed in developing countries like India accounted for 1441.7 million, while in China, it was recorded to be 1425.2 million in 2024. The other countries, such as the USA, Canada, Russia, and Germany, accounted for 341.8 million, 39.1 million, 144 million, and 83.3 million, respectively, in 2024.
  • Rapid Urbanization and Smart-City Programs: The expansion of the monorail system is mainly driven by urbanization. With the subsequent increase in urban population pressures on metropolitan areas, they provide an efficient means of mass transportation that can help ease traffic congestion in jam-packed cities. Single-rail monorails can also ease traffic jams and reduce exhaust emissions, as they operate with their track points raised well above ground level.

Further, monorails, being single-track systems, take up less space and are suitable options compared to traditional railways in densely populated urban areas. Our World in Data data on urbanization shows a consistent increment in individuals living in urban areas from 55.8% share of the population residing in global urbanized areas in 2021 to accounting for 56.6% in 2023. This increased demand for efficient transportation systems, like monorail systems which will contribute to the monorail system market expansion in the coming years.

Restraints:

  • High Cost of Initial Installation and Maintenance: The monorail system construction cost demand for a significant upfront cost. Along with the maintenance of these monorail systems, such as component replacement and regular safety inspection, can also add to the ongoing costs which can limit its adoption.
  • Integration Challenges with Existing Infrastructure: The compatibility issue of monorails with existing infrastructure hampers the seamless mobility of buses and metros and decreases the ridership potential, which could restrain the market.

Monorail Systems Market Key Development

  • Product Launch / Project Announcement: In May 2025, Ricardo announced that it had been appointed as an integrated delivery partner in collaboration with CRCC and Hassan Allam for a new monorail in Riyadh’s King Abdullah Financial District (KAFD). It is in alignment to link residential, business, and entertainment in the district and also connect the district with Riyadh metro line 2 for enhancing the regional network connectivity.

Explore the Railway Equipment Market

Monorail infrastructure growth is closely tracks railway equipment advancements. Get the complete Railway Equipment Market report for global trends and investment insights.

Monorail Systems Market Segmentation

Knowledge Sourcing Intelligence has segmented the Monorail Systems Market based on type, autonomy, propulsion type, and region:

Monorail Systems Market, By Type

  • Straddle Monorail
  • Suspended Monorail

Monorail Systems Market, By Autonomy

  • Semi-Autonomous
  • Completely Autonomous
  • Manual

Monorail Systems Market, By Propulsion Type

  • Electric Monorail
  • Maglev Monorail

Monorail Systems Market, By Region

  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Others
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Indonesia
    • Taiwan
    • Thailand
    • Others

Monorail Systems Market Key Players

  • Alstom
  • Hitachi Rail
  • Rostek
  • Storee Construction Co.
  • Atlas Anchor Systems
  • Pentanova
  • AFE Crane
  • Munck Cranes
  • Metreel
  • Mese Group

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EV Semiconductor Devices Market expected to reach USD 50.680 billion by 2030

EV Semiconductor Devices Market Trends & Forecast

According to a research study published by Knowledge Sourcing Intelligence (KSI), the EV semiconductor devices market will expand from USD 25.250 billion in 2025 to USD 50.680 billion in 2030 at a CAGR of 14.95% during the forecast period.

Semiconductor devices for electric vehicles (EVs) are functionally important devices that supply power to EVs. They are used to manage the flow of electricity in electric motors and other electronic devices fitted in the vehicle. These include Silicon Carbide (SiC), which can withstand higher temperature ranges with minimal energy loss, and Gallium Nitride (GaN), which has a higher switching speed and power density. The operations of an EV are mainly managed by microcontrollers and microprocessors, which carry out functions such as battery management, motor control, infotainment, and safety systems. In addition, Analog integrated circuits are used to change the analog signals to a digital format for easier processing. The EV semiconductor devices are integrated into battery management systems, electric motor control, charging systems, information systems, and safety systems.

The market for EV semiconductor devices is witnessing strong expansion due to supportive government policies, self-driving vehicles and ADAS technologies, the development of charging facilities, and the incorporation of EVs into smart grids. The environmental threats posed by the enhancement of vehicle technology have increased the adoption of EVs. The ability of SiC and GaN semiconductors to restore higher efficiency and power density under an increased operating temperature range makes them suitable for numerous applications in EVs. EVs are becoming popular and they will demand high computational which will most likely be facilitated by advanced microprocessors and microcontrollers, leading to development in the market.

Unlock Full Insights on the EV Semiconductor Devices Market

This overview highlights key trends. Our complete report delivers in-depth data on market sizing, competitive analysis, regional forecasts, and technology roadmaps shaping the future of EV power electronics.

  • ✅ 5-Year Market Forecasts & CAGR Breakdown
  • ✅ Material Innovation: SiC vs GaN vs Silicon
  • ✅ Application-Specific Semiconductor Demand

EV Semiconductor Devices Market Highlights

  • The Battery Electric Vehicle (BEV) segment is expected to attain a major market share by 2030 in the vehicle type in the EV semiconductor devices market. It is expected that BEVs will have more positive effects on the EV semiconductor devices market as compared to PHEVs because of their market capture rate, regulatory support, improved technologies, and intricate semiconductor integration in the vehicles. BEV provides a zero-emission driving experience that resonates well with green policies and legislation. Besides, global enhancements in battery performance, after-treatment systems, and vehicle operational distance are also working in BEVs’ favor.
  • The analog modules segment is estimated to hold the largest share in the component segment during the projected period. It is anticipated that analog modules will play a considerable part in the expansion of the EV semiconductor devices market for power electronics inverters and converters, battery management systems (BMS), temperature, current, and position sensors. Such elements are important in changing the direct current supplied from the battery to alternating current for use by the electric motor while maintaining efficiency and safety.
  • The Silicon Carbide (SiC) is expected to hold a substantial share of the material type segment of the market, driven by the superior efficiency and performance of the material in high-power EV device applications, along with the supportive, stringent emission regulations favouring the segment growth.
  • The medium (400-800 V) voltage range is the dominant segment in the EV semiconductor devices market due to growing alignment with the EV architecture, which promotes its application as it is ideal with range, efficiency, and cost.
  • Based on the application, the EV semiconductor devices market is categorized into powertrain, chassis and safety, infotainment and telematics, body and convenience, and advanced driver assistance systems. The powertrain is predicted to greatly enhance the market for the semiconductor devices used in EVs due to its constituent elements, such as electric motors and battery management systems. More sophisticated semiconductor devices, such as inverters, converters, and motor controllers, are crucial for the efficiency of the motor and the motor control of the powertrain.
  • The EV semiconductor devices market is expanding significantly in the Asia Pacific region due to various factors. The region of Asia Pacific is witnessing the growth of EV semiconductor devices because of the presence of major regional automotive markets in countries such as China, Japan, South Korea, and India. Along with this, the presence of cheap labor and production facilities in these regions, along with the advanced semiconductor industry in countries like Taiwan. Furthermore, there is a rising government subsidy and other initiatives for promoting EVs, along with the semiconductor industries being well established, which is contributing to the acceleration of the EV semiconductor devices market.

Explore the Silicon Carbide Power Semiconductor Market

SiC is revolutionizing EV efficiency. Dive into our comprehensive report on the Silicon Carbide Power Semiconductor Market to understand adoption rates, cost trajectories, and performance benchmarks across automotive and industrial applications.

Report Coverage:

Report Metric Details
EV Semiconductor Devices Market Size in 2025 USD 25.250 billion
EV Semiconductor Devices Market Size in 2030 USD 50.680 billion
Growth Rate CAGR of 14.95%
Drivers
  • Rise in Adoption and Production of EVs Globally
  • Growing Semiconductor Application per Vehicle
Restraints
  • Supply Chain Disruptions
  • High Costs of Advanced Semiconductors
Segmentation
  • Vehicle Type
  • Component
  • Material Type
  • Voltage Range
  • Application
  • Geography
List of Major Companies in the EV Semiconductor Devices Market
  • Taiwan Semiconductor Manufacturing Company Limited
  • Infineon Technologies
  • STMicroelectronics
  • NXP Semiconductors
  • Texas Instruments

EV Semiconductor Devices Market Growth Drivers and Restraints

Growth Drivers:

  • Rise in Adoption and Production of EVs Globally: AI and the growing awareness of the advantages of EVs and subsidies on their purchase are promoting EV sales globally and are expected to account for about 17 million in 2024, as per IEA, with continuous acceleration in the years to come. This will propel the demand for semiconductor devices in these EVs to enhance their performance and efficiency.
  • Growing Semiconductor Application per Vehicle: The advancement and modernization of EVs through the integration of high voltage architectures is also contributing to the advanced semiconductor devices for enhancing their operation. The increasing technological advancement, like AI-integrative predictive maintenance, is another attribute boosting the market expansion.

Restraints:

  • Supply Chain Disruptions: The shortage in chips or the trade transition, like the China-USA trade issue, could lead to delays and an increase in their price, which will hinder the market growth.
  • High Costs of Advanced Semiconductors: The increased cost of advanced semiconductors, which utilize materials like GaN and SiC, which are more expensive than silicon material due to their complex fabrication, could become a barrier for cost-sensitive consumers.

Analyze the Global Automotive Power Electronics Market

Power electronics are the backbone of EV performance. Access our detailed report on the Automotive Power Electronics Market to explore inverter trends, thermal management, and next-gen topologies.

EV Semiconductor Devices Market Key Development

  • Collaboration: In December 2024, ROHM announced the launch of strategic gallium nitride technology and power devices in collaboration with TSMC for the electric vehicle application.
  • Product Launch: In August 2024, Power Master Semiconductor launched a 1200 V SiC MOSFET targeting EV applications. This is designed to upgrade power electronics. The automotive MOSFET has high efficiency, high power density, and high reliability. It is also bi-directional, allowing it to be used in several automotive applications such as an on-board charger, DC-DC converters, and e compressors, among others.

EV Semiconductor Devices Market Segmentation

Knowledge Sourcing Intelligence has segmented the EV Semiconductor Devices Market based on vehicle type, component, material type, voltage range, application, and region:

  • EV Semiconductor Devices Market, By Vehicle Type
    • Battery Electric Vehicle (BEV)
    • Plug-in Hybrid Electric Vehicles (PHEV)
  • EV Semiconductor Devices Market, By Component
    • Analog
    • Memory Devices
    • Discrete Semiconductors
    • Sensors
    • Other Components
  • EV Semiconductor Devices Market, By Material Type
    • Silicon Carbide (SiC)
    • Gallium Nitride (GaN)
    • Others
  • EV Semiconductor Devices Market, By Voltage Range
    • Low Voltage (Below 400V)
    • Medium Voltage (400V-800V)
    • High Voltage (Above 800V)
  • EV Semiconductor Devices Market, By Application
    • Powertrain
    • Chassis and Safety
    • Infotainment and Telematics
    • Body Electronics
    • Advanced Driver Assistance Systems
    • Battery Management Systems
  • EV Semiconductor Devices Market, By Region
    • Americas
      • USA
    • Europe, the Middle East, and Africa
      • Germany
      • Netherlands
      • Others
    • Asia Pacific
      • China
      • Japan
      • South Korea
      • Taiwan
      • Others

EV Semiconductor Devices Market Key Players

  • Taiwan Semiconductor Manufacturing Company Limited
  • Infineon Technologies
  • STMicroelectronics
  • NXP Semiconductors
  • Texas Instruments
  • Renesas Electronics
  • Microchip Technology
  • On Semiconductor Corporation
  • Analog Devices Inc.
  • ROHM Co., Ltd.
  • Toshiba Corporation

About Knowledge Sourcing Intelligence (KSI)

Knowledge Sourcing Intelligence (KSI) is a market research and consulting firm headquartered in India. Backed by seasoned industry experts, we offer syndicated reports, customized research, and strategic consulting services. Our proprietary data analytics framework, combined with rigorous primary and secondary research, enables us to deliver high-quality insights that support informed decision-making. Our solutions empower businesses to gain a competitive edge in their markets. With deep expertise across ten key sectors, including ICT, Chemicals, Semiconductors, and Healthcare, we effectively address the diverse needs of our global clientele.

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Artificial Intelligence (AI) Chatbot Market expected to reach USD 60.260 billion by 2030

AI Chatbot Market Trends & Forecast

According to a research study published by Knowledge Sourcing Intelligence (KSI), the artificial intelligence (AI) chatbot market will expand from USD 19.510 billion in 2025 to USD 60.260 billion in 2030 at a CAGR of 25.30% during the forecast period.

A chatbot is a type of software developed by various companies that is embedded in the user’s webpage and is specifically designed to mimic human conversation over text. An AI chatbot is an upgraded version of a chatbot that includes the integration of artificial intelligence (AI), which can simulate human-like customer service interaction with the customer. It includes features like machine learning (ML) and natural language processing (NLP).

One of the major drivers for the growth of the AI chatbot market is the increasing usage of internet services and an overall increase in internet users creates an optimal opportunity for companies worldwide to attract more customers. Companies with a high volume of customer base deploy chatbots and AI chatbots to provide fast and better customer service, understand and solve customer queries. This increase in brand revenue reflects the growing adoption across industries, including education. The world has witnessed the introduction of various online educators like TeachAway and Udemy. These companies use AI chatbots to understand student needs and create efficient programs for educators.

Unlock the Full AI Chatbot Market Report

This article provides the overview. Our comprehensive report delivers in-depth forecasts, competitive benchmarking, and strategic insights to dominate the AI chatbot landscape.

  • ✅ Market Size, CAGR & 5-Year Projections
  • ✅ Segment-Wise Growth Analysis
  • ✅ Regional Trends & Key Player Strategies

AI Chatbot Market Highlights

  • The software segment is expected to attain a major market share by 2030 in the components driven by its increasing necessity for scalable AI-enhanced platforms and growing automation for supporting customer services. Additionally, the rise of generative AI and its ability to offer multilingual, personalized responses is fueling segment expansion.
  • The cloud is estimated to hold the largest share in the deployment segment during the projected period due to its flexibility across industries. It offers scalability, data sovereignty, and remote work accessibility, propelling cloud-based AI chatbot adoption.
  • The retail segment dominates the industry vertical due to high query volumes, order tracking, and personalization demands. The surge in e-commerce platforms globally is driving the need for AI-powered virtual assistants.
  • North America leads the AI chatbot market due to a robust tech ecosystem, especially in the United States and Canada. Heavy investments in AI, labor cost pressures, and early adoption of automation are key growth enablers.

Explore the Conversational AI Market

AI chatbots are a core component of conversational AI. Dive into our full report on the Conversational AI Market to analyze technology evolution, vendor landscape, and adoption trends across industries.

Report Coverage:

Report Metric Details
AI Chatbot Market Size in 2025 US$19.510 billion
AI Chatbot Market Size in 2030 US$60.260 billion
Growth Rate CAGR of 25.30%
Drivers
  • Rise of Chatbots in the Education Industry
  • Growing Industrialization
Restraints
  • Data privacy, security & regulatory compliance
  • Lack of Accuracy
Segmentation
  • Component
  • Deployment
  • Industry Vertical
  • Geography
List of Major Companies in AI Chatbot Market
  • Creative Virtual Ltd.
  • Avaamo Inc.
  • Amazon Web Services, Inc.
  • Oracle
  • LiveChat, Inc.

AI Chatbot Market Growth Drivers and Restraints

Growth Drivers:

  • Rise of Chatbots in the Education Industry: AI chatbots enhance learner engagement on platforms like Duolingo and Mondly by enabling real-time interaction with minimal human involvement. The booming online education sector — led by Udemy and Coursera — drives demand for intelligent, scalable customer support solutions.
  • Growing Industrialization: Sectors like BFSI, healthcare, and retail are rapidly adopting AI chatbots. LiveChat reported revenue growth from US$10.25 million in 2021 to US$11.166 million in 2022, reflecting strong enterprise demand for AI-driven customer engagement tools.

Restraints:

  • Data Privacy, Security & Regulatory Compliance: AI chatbots process sensitive user data, making them vulnerable to breaches and subject to strict regulations like GDPR and CCPA, which can slow adoption.
  • Lack of Accuracy: Large language models may generate plausible but incorrect responses, reducing trust in high-stakes domains like healthcare and finance, often requiring human oversight.

Discover the Natural Language Processing (NLP) Market

NLP powers the conversational intelligence behind AI chatbots. Access our detailed NLP Market Report to explore technology advancements, use cases, and growth opportunities in enterprise AI.

AI Chatbot Market Key Development

  • Product Launch: In September 2025, PA Turnpike launched Miles, an AI-powered customer service chatbot offering real-time virtual assistance to enhance traveler experience on its website.
  • Product Launch: In August 2025, Amazon introduced a generative AI-enabled conversational shopping assistant in India, delivering personalized product recommendations for a seamless shopping journey.

AI Chatbot Market Segmentation

Knowledge Sourcing Intelligence has segmented the AI Chatbot Market based on component, deployment, industry vertical, and region:

  • AI Chatbot Market, By Component
    • Hardware
    • Software and Services
  • AI Chatbot Market, By Deployment
    • Cloud
    • On-Premises
  • AI Chatbot Market, By Industry Vertical
    • BFSI
    • Media & Entertainment
    • Education
    • Retail
    • Healthcare
    • Others
  • AI Chatbot Market, By Region
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • United Kingdom
      • Germany
      • France
      • Spain
      • Others
    • Middle East and Africa
      • Saudi Arabia
      • UAE
      • Others
    • Asia Pacific
      • China
      • India
      • Japan
      • South Korea
      • Taiwan
      • Thailand
      • Indonesia
      • Others

AI Chatbot Market Key Players

  • IBM
  • Nuance Communications, Inc.
  • eGain Corporation
  • Microsoft Corporation
  • Google, Inc. (Alphabet Inc.)
  • Creative Virtual Ltd.
  • Avaamo Inc.
  • Amazon Web Services, Inc.
  • Oracle
  • LiveChat, Inc.

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Solar Battery Market expected to reach USD 757.777 million by 2030

Solar Battery Market Trends & Forecast

According to a research study published by Knowledge Sourcing Intelligence (KSI), the solar battery market will expand from USD 367.130 million in 2025 to USD 757.777 million in 2030 at a CAGR of 15.60% during the forecast period.

To store the extra electricity produced by the solar panels, there is a need to add a solar battery to a solar power system, so that on cloudy days, at night, and during power outages when the solar panels don’t produce enough electricity, it then utilize that stored energy to power the home and industry places. As solar energy becomes more popular in home and industrial applications as an alternative to renewable energy, the market for solar batteries grows. For instance, according to the International Energy Association (IEA), renewable energy sources will have the fastest rise in the electrical industry, increasing from 24% in 2017 to roughly 30% in 2023, this is expected to grow a need for solar batteries which will boost the market growth year-on-year during the forecasted period.

Unlock Full Insights on the Solar Battery Market

This overview highlights key trends. Access the complete report for detailed forecasts, segmentation, competitive analysis, and strategic recommendations.

  • ✅ Market Size, CAGR & Revenue Projections (2025–2030)
  • ✅ Technology Breakdown: Lithium-Ion vs. Lead Acid vs. Flow
  • ✅ Regional Growth Leaders & Policy Impacts

Solar Battery Market Report Highlights

  • The market is segmented into lead acid, lithium-ion, nickel-cadmium, and flow batteries. Among these, lithium-ion batteries dominate the market due to their high energy density, longer lifecycle, lightweight design, and rapidly declining costs. They are the preferred choice for both grid-scale storage and renewable energy integration, making them the most widely adopted technology in energy storage systems. Lead acid batteries, though cost-effective, are gradually losing market share due to shorter lifespans and lower efficiency. Nickel-cadmium and flow batteries serve niche applications, with flow batteries gaining attention for long-duration storage, but they remain smaller segments compared to lithium-ion.
  • Based on end-users, the market is divided into residential and industrial segments. The industrial segment holds the dominant share as large-scale facilities, utilities, and renewable power plants require significant energy storage capacity for grid stabilization, load shifting, and backup power. Industrial demand is further driven by government initiatives to integrate renewables and strengthen energy security. On the other hand, the residential segment is growing rapidly, supported by rooftop solar adoption, smart home energy systems, and the rising trend of decentralized energy generation, although it accounts for a smaller share compared to industrial applications.
  • North America is one of the leading regions in the global battery energy storage market, driven by strong policy frameworks, technological innovation, and large-scale renewable energy integration. The U.S. dominates the regional market, supported by the Inflation Reduction Act (IRA) and state-level policies that provide tax credits and incentives for battery storage projects. The rapid expansion of solar and wind capacity, coupled with the need for grid reliability, is pushing utilities to deploy large-scale lithium-ion storage systems. Canada is also seeing steady growth, driven by renewable integration targets and investments in clean energy infrastructure. The residential storage segment is gaining momentum across the U.S., particularly in states like California and Texas, where frequent grid instability and extreme weather events are encouraging households to adopt solar-plus-storage solutions.

Dive into the Lithium-Ion Battery Market

Lithium-ion dominates solar storage. Explore our in-depth report on the global lithium-ion battery market to understand supply chains, cost declines, and innovation trends.

Report Coverage:

Report Metric Details
Solar Battery Market Size in 2025 USD 367.130 million
Solar Battery Market Size in 2030 USD 757.777 million
Growth Rate CAGR of 15.60%
Drivers
  • Increasing urbanization and infrastructure investments
  • Replacement of old fossil fuels with solar energy
Restraints
  • Economic Viability Challenges
Segmentation
  • Type
  • End-User
  • Geography
List of Major Companies in Solar Battery Market
  • LG Chem
  • Enersys
  • Exide Industries
  • Tesla Power India Pvt. Ltd
  • Wisdom Industrial Power Co. Ltd

Solar Battery Market Growth Drivers and Restraints

Growth Drivers:

  • Increasing urbanization and infrastructure investments: The energy demand is expected to rise due to several important causes, including a growing population, with fast industrialization, urbanization, and increased infrastructure investments by market leaders will boost the solar battery market growth. For instance, according to IEA, between 2019 and 2030, it is predicted that India’s energy demand would rise by about 35%, and during the next 20 years, India’s urban population is expected to grow by another 270 million people. According to the U.S Energy Information Administration (EIA), in 2021 the total primary energy used in the United States was equivalent to 97 quadrillion BTUs (British thermal units). This means that as energy consumption and urbanization increase, so will the demand for solar energy which will boost the solar battery market.
  • Replacement of old fossil fuels with solar energy: As the government is replacing fossil fuels like coal with solar power to generate electricity so that natural resources are being saved which will lead to an increase in the need for solar batteries and thus would increase the market growth. According to the US Energy Information Administration EIA, in 2022 the U.S. expect a 21.5 GW increase in U.S. utility-scale solar generating capacity. As the demand for solar energy had been used to generate more electricity for many years now there is a requirement to store that power and this will increase the demand for solar batteries.

According to the US Energy Information Administration EIA, in 2023 developers intend to add 8.6 GW of battery storage power capacity to the grid, which will treble the nation’s total battery power capacity as batteries can store electricity from solar energy sources for later use. Additionally, there is a definite need for new generating capacity all over the world to satisfy the rising demand for energy in many nations as well as to replace outdated fossil fuel units, particularly coal-fired ones that release a lot of carbon dioxide. Thus, this will increase the usage of solar power as a renewable and less harmful alternative which will help to boost the solar battery market.

Restraints:

  • Economic Viability Challenges: The major hurdles that are hindering the global market of recycled solar panels are the economic viability and cost-effectiveness of recycling processes. Despite the increasing significance of recycling used solar cells, serious financial constraints can significantly impede market growth.

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Solar Battery Market Key Development

  • Product Launch: In May 2025, Canadian Solar Inc. announced that e-STORAGE, which is part of the Company’s majority-owned subsidiary CSI Solar Co., Ltd., officially launched its SolBank 3.0 Plus battery energy storage product at Intersolar Europe.

Solar Battery Market Segmentation

Knowledge Sourcing Intelligence has segmented the Solar Battery Market based on phase type, power output, end-user, and region:

Solar Battery Market, By Phase Type

  • Lithium Ion Battery
  • Lead Acid Battery
  • Nickel-Cadmium Battery
  • Flow Battery

Solar Battery Market, By Power Output

  • Up to 3 kW
  • 3 to 5 kW
  • Greater than 5 kW

Solar Battery Market, By End-User

  • Residential
  • Commercial
  • Industrial

Solar Battery Market, By Region

  • North America
    • USA
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Others
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Taiwan
    • Thailand
    • Indonesia
    • Others
  • South America
    • Brazil
    • Argentina
    • Others
  • Middle East and Africa (MEA)
    • Saudi Arabia
    • UAE
    • Others

Solar Battery Market Key Players

  • Luminous Power Technologies (Schneider Electric)
  • Okaya Power Private Limited
  • BYD Company Ltd
  • U.S Battery Mfg
  • SunPower Corporation
  • LG Energy Solution (LG Electronics)
  • Enersys
  • Exide Industries
  • Tesla
  • Enphase
  • Growatt

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Surgical Glove Market expected to reach USD 5,319.206 million by 2030

Surgical Glove Market Trends & Forecast

According to a research study published by Knowledge Sourcing Intelligence (KSI), the surgical glove market will expand from USD 3,735.536 million in 2025 to USD 5,319.206 million in 2030 at a CAGR of 7.32% during the forecast period.

The rise in focus on modern healthcare is promoting the demand for surgical gloves, which are important for preventing infections, contamination, and cross-transmission of pathogens among healthcare professionals. Additionally, the disposable or multi-use surgical gloves are typically made from nitrile or latex, or other synthetic substitutes, which are critically important for surgeons, nurses, and other medical professionals during healthcare procedures varying from routine health checkups to complex operations. With the rise in the healthcare system globally, along with the growing volume of surgeries, the demand for surgical gloves is expected to grow. Moreover, the stringent hygiene regulations in the healthcare industry are also contributing to fuelling the market.

Besides this, the other factor which are supporting the market is geriatric population rise, which drives an increase in the prevalence of chronic illness and related surgeries for orthopedic repairs and cardiovascular interventions. This is also heightening the demand for surgical gloves in healthcare settings. Moreover, the market is also accelerating due to the post-pandemic health protocols, which is making personal protective equipment like surgical gloves a mandatory product in usage among the healthcare industry.

Get In-Depth Analysis of the Surgical Glove Market

This article covers the fundamentals. Our full market report provides the granular data, competitive landscape, and strategic insights you need to navigate the global surgical glove industry.

  • ✅ Detailed Market Size & Growth Forecasts
  • ✅ Key Player Analysis & Market Share
  • ✅ Material Innovations & Regional Trends

Surgical Glove Market Report Highlights

  • The latex segment is estimated to hold the dominant market share by 2030 in the material segment. It is driven by the growing trend of powder-free varieties to decrease allergies, which is promoting the demand for latex surgical gloves. The other factors, like cost-effectiveness and superior tactile sensitivity for precision in surgeries. Further, the nitrile surgical surgeries are growing at a substantial pace, driven by the hypoallergenic issues along with the high chemical resistance among people and healthcare professionals. The growing innovative trends in biodegradable formulation are also promoting the nitrile segment.
  • The hospitals & clinics segment is a significant segment in the end-user of the surgical glove market. The hospital and clinics perform a large volume of surgeries, like cardiovascular-related surgeries and organ transplants, which demand surgical gloves. Moreover, the increase in chronic illnesses like cancer, respiratory issues is also promoting patients’ visits to hospitals and clinics, which is increasing the surgical gloves.
  • North America is expected to have a major share of the worldwide market of surgical gloves during the forecasted period. This is due to the presence of robust healthcare along with the rise in chronic illness in the region, which is fuelling the surgical rate. Moreover, the rise in the aging population is more prone to chronic illness and surgeries, is also promoting the market demand for surgical gloves in the North America region.

Explore the Global Medical Gloves Market

Surgical gloves are a critical segment of the broader medical gloves ecosystem. Get our in-depth report on the Medical Gloves Market to understand evolving safety standards, material shifts, and post-pandemic demand trends.

Report Coverage:

Report Metric Details
Surgical Glove Market Size in 2025 US$3,735.536 million
Surgical Glove Market Size in 2030 US$5,319.206 million
Growth Rate CAGR of 7.32%
Drivers
  • Increase in Surgical Procedures
  • Growing Technological Advancement
Restraints
  • High Price Volatility in Raw Materials
  • Latex Allergies and Material Limitations
Segmentation
  • Material
  • End-User
  • Geography
List of Major Companies in Surgical Glove Market
  • Ansell Limited
  • Mölnlycke Health Care AB
  • Cardinal Health
  • Medline Industries, Inc.
  • B. Braun Melsungen AG

Surgical Glove Market Growth Drivers and Restraints

Growth Drivers:

  • Increase in Surgical Procedure: The increase in trauma, elective, and minimally invasive surgical procedures is a major driver in the demand for the surgical gloves market. Further, the growing global aging population, along with the increase in chronic diseases like diabetes, cancer, and cardiovascular issues, is also boosting hospital visits and procedures like cesarean sections and appendectomies, which will also contribute to demand for surgical gloves during the projected period.
  • Growing Technological Advancement: The surgical glove market is also driven by companies introducing new products and strengthening their R&D programs initiated to fuel innovation, thus propelling industry expansion. This could result in discovering other innovative products beneficial to both people involved in the healthcare domain and medical professionals. For instance, in May 2022, Globus Group launched a range of single-use secure-fit gloves to act as protective barriers between hands and common hazards. This range of 100% nitrile, powder-free gloves is part of the premium Hakia medical grade and industrial Skytec brands, which cater to several sectors, including healthcare, pharmaceuticals, and laboratories, among other applications.

Restraints:

  • High Price Volatility in Raw Materials: The increased fluctuation caused by price of raw materials like nitrile, vinyl, and natural rubber latex, which could lead to a rise in the cost of production, could lead to price hikes of surgical gloves that could cause a burden for buyers.
  • Latex Allergies and Material Limitations: The regulatory bodies in healthcare settings around the world lay great emphasis on latex-associated allergy risks. The growing need to raise the consciousness of latex allergies has permitted the nitrile surgical gloves market space for broad applications.

Understand the Nitrile Gloves Market Dynamics

Nitrile is rapidly gaining share in surgical applications due to allergy concerns and durability. Access our comprehensive Nitrile Gloves Market report to explore supply chain shifts, pricing trends, and innovation pipelines.

Surgical Glove Market Key Development

  • Product Launch: In September 2025, Ansell launched the GAMMEX PI Hybrid Micro surgical gloves to offer advanced and improved surgical safety, along with increased efficiency in the healthcare sector.
  • Collaboration: In October 2024, Unigloves, in collaboration with KluraLabs, launched an antimicrobial nitrile surgical glove called the CrossGuard antimicrobial glove. It is claimed to be effective in eliminating 99.99 percent of bacteria in about 60 seconds and is free from any active ingredients.

Surgical Glove Market Segmentation

Knowledge Sourcing Intelligence has segmented the Surgical Glove Market based on material, end user, and region:

Surgical Glove Market, By Material

  • Latex
  • Nitrile
  • PI (Polyisoprene)
  • Neoprene (Polychloroprene)

Surgical Glove Market, By End-User

  • Hospital & Clinics
  • Ambulatory Surgery Center

Surgical Glove Market, By Region

  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Others
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Indonesia
    • Taiwan
    • Thailand
    • Others

Surgical Glove Market Key Players

  • Ansell Limited
  • Mölnlycke Health Care AB
  • Cardinal Health
  • Medline Industries, Inc.
  • B. Braun Melsungen AG
  • Vulkan Medical, a.s.
  • Top Glove Corporation Bhd
  • Sempermed (A Part of Semperit Ag Holding)
  • RFB Latex Limited
  • Kossan Rubber Industries Bhd
  • Medilivescare Manufacturing Pvt. Ltd.
  • Safeshield India Rubber Products Pvt. Ltd.
  • Kanam Latex Industries Pvt. Ltd.

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Saturated Polyester Resins Market expected to reach USD 7.18 billion by 2030

Saturated Polyester Resins Market Trends & Forecast

According to a research study published by Knowledge Sourcing Intelligence (KSI), the saturated polyester resins market will expand from USD 5.57 billion in 2025 to USD 7.18 billion in 2030 at a CAGR of 5.22% during the forecast period.

This resin has characteristics like versatility, weather resistance, chemical resistance, hardness, and color retention. The increased usage of smart devices such as smartphones, tablets, and laptops has led to the emergence of the e-commerce industry, which is expected to drive the market over the forecast period. E-commerce heavily relies on flexible as well as rigid packaging. The growing access to digital infrastructure and training is helping small business owners become more capable of leveraging e-commerce. The demand for packaging material is increasing rapidly.

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This article covers the fundamentals. Our full market report provides the granular data, competitive landscape, and strategic insights you need to navigate the global saturated polyester resins industry.

  • ✅ Detailed Market Size & Growth Forecasts
  • ✅ Key Player Analysis & Market Share
  • ✅ Application Breakdowns & Regional Trends

Saturated Polyester Resins Market Report Highlights

  • The saturated polyester resins market is broadly divided into liquid and solid saturated polyester resins, both serving distinct industrial applications. Liquid saturated polyester resins are known for their superior flexibility, adhesion, and gloss retention, making them ideal for can and coil coatings, automotive paints, and flexible packaging. These resins offer excellent resistance to chemicals and weathering, which enhances their suitability for high-performance applications requiring durable and aesthetic coatings.
  • Based on application, the saturated polyester resins market is segmented into powder coatings, can and coil coatings, automotive paints, packaging, industrial paints, textiles/fabric coatings, and others. Powder coatings represent the leading application area, supported by growing demand in architecture, appliances, and industrial machinery due to their eco-friendly nature and excellent durability.
  • The Asia Pacific region is expected to see the fastest growth in the saturated polyester resins market due to increasing applications in the packaging industry. The region is witnessing rapid development in the e-commerce segment. According to Invest India, the annual growth rate of e-commerce is expected to be 18% through 2025. By 2030, India is anticipated to emerge as the third-largest consumer market globally. North America is expected to have a significant market share for saturated polyester resins due to its major utilization in electronics, automotive, and other industrial uses.

Report Coverage:

Report Metric Details
Saturated Polyester Resins Market Size in 2025 US$5.57 billion
Saturated Polyester Resins Market Size in 2030 US$7.18 billion
Growth Rate CAGR of 5.22%
Drivers
  • Growing Demand in Automotive Industry
  • Growing Industrialization
Segmentation
  • Type
  • Application
  • Geography
List of Major Companies in the Saturated Polyester Resins Market
  • Eternal Materials Co. Ltd
  • Evonik Industries AG
  • Hitech Industries FZE
  • Novaresine SRL
  • DSM

Saturated Polyester Resins Market Growth Drivers

Growth Drivers:

  • Growing Demand in Automotive Industry: In the automotive coatings sector, the rise in automobile production with the need for aesthetically pleasing finishes has significantly boosted the demand for these resins. According to the IEA (International Energy Agency), the sale of BEV (Battery Electric Vehicles) has risen from 4.7 million in 2021 to 7.3 million in 2022 and reached 9.5 million in 2023. The sale of PHEVs (Plug-In Hybrid Electric Vehicles) has increased by 1.9 million in 2021, to 2.9 million in 2022, and reached 4.3 million in 2023.

BEVs were the most popular in Sweden in 2022, where 35% of new car sales were battery-electric, followed by the Netherlands with a 24% share. The success of electric vehicles has been attributed to the region’s extensive charging infrastructure network. Over 560,000 publicly accessible charging points were installed in the EU by mid-2023, a 50 percent increase over the previous year. These developments, as well as the supporting policies, would accelerate the transition towards EVs.

  • Growing Industrialization: Industrialization is driving sustained growth in jobs and productivity, marking the increased demand for materials in most developing countries. World Bank economists forecast that growth in the Middle East and North Africa (MENA) would grow at a modest rate of 2.7% in 2024. Similarly, the Asia Pacific region’s growth is projected to be 4.5% in 2024.

Industrialization in the middle- and high-income economies is driven by the rapid transformation of the significance of manufacturing sectors. These developments led to the growth of the applications of saturated polyester resins, metal sheets, can and coil coatings, and automotive paints. They are also used in anti-corrosion coatings on iron and steel structures with epoxy-based primers.

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Saturated Polyester Resins Market Key Development

  • Product Launch: In August 2025, DIC Corporation announced that it has resolved to build a new epoxy resins production facility at its Chiba Plant, located in the city of Ichihara, Chiba Prefecture.

Saturated Polyester Resins Market Segmentation

Knowledge Sourcing Intelligence has segmented the Saturated Polyester Resins Market based on type, application and region:

Saturated Polyester Resins Market, by Product Type

  • Liquid Saturated Polyester Resin
  • Solid Saturated Resin

Saturated Polyester Resins Market, by Application

  • Powder Coatings
  • Coil and Can Coatings
  • Automotive Paints
  • Packaging
  • Industrial Paints
  • Others

Saturated Polyester Resins Market, By Region

  • North America
    • USA
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Others
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Taiwan
    • Thailand
    • Indonesia
    • Others
  • South America
    • Brazil
    • Argentina
    • Others
  • Middle East and Africa (MEA)
    • Saudi Arabia
    • UAE
    • Others

Saturated Polyester Resins Market Key Players

  • ALLNEX GMBH
  • Arkema Group
  • Covestro AG
  • DIC CORPORATION
  • Eternal Materials Co. Ltd
  • Evonik Industries AG
  • Hitech Industries FZE
  • Novaresine SRL
  • DSM
  • Sir Industriale
  • Stepan Company

About Knowledge Sourcing Intelligence (KSI)

Knowledge Sourcing Intelligence (KSI) is a market research and consulting firm headquartered in India. Backed by seasoned industry experts, we offer syndicated reports, customized research, and strategic consulting services. Our proprietary data analytics framework, combined with rigorous primary and secondary research, enables us to deliver high-quality insights that support informed decision-making.

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Packaged Oxygen Market expected to reach USD 2,031.09 billion by 2030

Packaged Oxygen Market Trends & Forecast

According to a research study published by Knowledge Sourcing Intelligence (KSI), the packaged oxygen market will expand from USD 1,572.85 billion in 2025 to USD 2,031.09 billion in 2030 at a CAGR of 5.25% during the forecast period.

Packaged oxygen refers to oxygen that is compressed in liquid, gas, or solid-state and is enclosed in a container. Its use in the health sector was the first market that propelled the product, but now it has been employed in various industrial processes. Oxygen is a non-metallic, odourless gas, which is one of the essential things in the ecosystem and is used in several industries, medicines, and sciences. The demand for packaged oxygen has risen gradually as the need for oxygen in industrial applications has also increased. The number of people demanding packaged oxygen for home care is increasing because of the rising concern over air pollution.

Moreover, this has been a huge addition to the demand for packaged oxygen in every industry that is using it. The major respiratory diseases listed in the WHO report are lung cancer, COPD, asthma, acute lower respiratory tract infections, and tuberculosis. As a result, the medical sector has become a major consumer of the product, thus the market has been extended. The dangerous increase in air pollution is one of the factors pushing up demand, as well.

Get In-Depth Analysis of the Global Packaged Oxygen Market

This article covers the fundamentals. Our full market report provides the granular data, competitive landscape, and strategic insights you need to navigate the global packaged oxygen industry.

  • ✅ Detailed Market Size & Growth Forecasts to 2030
  • ✅ Segment-wise Breakdown (Medical vs Industrial)
  • ✅ Regional Demand Hotspots & Emerging Opportunities

Packaged Oxygen Market Report Highlights

  • During the forecast period, the medical oxygen sector is expected to become a rapidly changing area in the overall global packaged oxygen market. Rising incidences of respiratory diseases such as chronic obstructive pulmonary disease (COPD), asthma, and COVID-19-related complications have contributed significantly to the growth of this segment, as they have resulted in an increased need for oxygen therapy due to the awareness raised. Besides that, the growth of healthcare facilities in the developing areas, the increase of home care services and the use of portable oxygen cylinders are the factors that are boosting this segment further.
  • Among the end-users, the hospital segment is likely to have the maximum growth rate in the packaged oxygen market. Hospitals continue to be the major buyers of packaged oxygen as they require the use of very pure oxygen in operations, intensive care units, and emergency care. The rising number of hospitals, mainly in developing countries, as well as the refurbishment of already existing healthcare facilities, is contributing to the increase in demand.
  • The need for packaged oxygen has been on the rise in diverse industries in the Asia-Pacific. Such a demand increase can be explained by many factors that influence various industries, like hospitals, healthcare settings, and home care, due to the increased investment in health systems and the effect of rapid urbanisation. Advancing the geriatric population trend is considerably raising the demand for medical oxygen, mainly in Japan.

Report Coverage:

Report Metric Details
Packaged Oxygen Market Size in 2025 US$1,572.85 billion
Packaged Oxygen Market Size in 2030 US$2,031.09 billion
Growth Rate CAGR of 5.25%
Drivers
  • Regulatory Support and Initiatives
  • Increasing Technological Advancement
Restraints
  • High Production and Storage Costs
  • Supply Chain and Distribution Challenges
Segmentation
  • Type
  • End-User
  • Geography
List of Major Companies in Packaged Oxygen Market
  • Oxy99.in
  • Messer Group GmbH
  • Leeden National Oxygen Ltd.
  • Vitality Air
  • The Linde Group

Packaged Oxygen Market Growth Drivers and Restraints

Growth Drivers:

  • Regulatory Support and Initiatives: The market is expanding with the help of government programs and laws that encourage the inflow of money, lower the cost of getting into the business, and foster innovation in the packaged oxygen sector.
  • Increasing Technological Advancement: Technology changes and innovations have been at the forefront of the packaged oxygen market to remain relevant with the developing changes in the market.

Restraints:

  • High Production and Storage Costs: Producing oxygen of very high purity requires quite expensive separation, compression, and purification processes.
  • Supply Chain and Distribution Challenges: It is a big logistical challenge to transport packaged oxygen safely over long distances.

Packaged Oxygen Market Key Development

  • Collaboration: In August 2025, GC-TPN FlexPak-W&H created a novel flexible packaging solution called Mono Material MDOPE Film with exceptional oxygen barrier qualities.
  • Initiative: In April 2025, WHA established a new Oxygen Equipment Supplier Certification Program to ensure industry best practices in oxygen service and fire risk reduction.

Packaged Oxygen Market Segmentation

Knowledge Sourcing Intelligence has segmented the Global Packaged Oxygen Market based on oxygen type, end-user, and region:

Packaged Oxygen Market, By Oxygen Type

  • Medical Oxygen
  • Industrial Oxygen

Packaged Oxygen Market, By End-user

  • Hospitals
  • Industries
  • Others

Packaged Oxygen Market, By Region

  • North America
    • USA
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Others
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Others
  • South America
    • Brazil
    • Argentina
    • Others
  • Middle East and Africa (MEA)
    • Saudi Arabia
    • UAE
    • Others

Packaged Oxygen Market Key Players

  • Oxy99
  • Messer Group GmbH
  • Leeden National Oxygen Ltd.
  • Vitality Air
  • The Linde Group
  • Gupta Oxygen Pvt Ltd.
  • Oxygen Plus. Inc.
  • Boost Oxygen, LLC
  • Wild Goose Filling
  • Gaztron Engineering
  • Gulf Cryo
  • Matheson
  • GENERON
  • JSC Grasys
  • Air Liquide

About Knowledge Sourcing Intelligence (KSI)

Knowledge Sourcing Intelligence (KSI) is a market research and consulting firm headquartered in India. Backed by seasoned industry experts, we offer syndicated reports, customized research, and strategic consulting services. Our proprietary data analytics framework, combined with rigorous primary and secondary research, enables us to deliver high-quality insights that support informed decision-making.

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You’ve seen the overview. Now, get the detailed data and strategic analysis you need to stay ahead in the gases and healthcare market. Explore our related, in-depth reports.

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