The construction equipment market in the United States is expanding rapidly, supported by strong infrastructure, commercial growth, and residential construction in a number of states. Demand for machines exists throughout the country, but certain states provide the highest volume of new equipment purchases, especially financed units.
U.S. Construction Spending, Jun-July 2025 ($ Billion)
Source: U.S. Census Bureau – Monthly Construction Spending Report, September 2, 2025
The top states of Texas, Florida, Georgia, North Carolina, and California are driven by a combination of population growth, industrial developments, and urbanisation. The combination of these long-term drivers is producing equipment sales in the highest volume in these areas, and they are increasing the demand for heavy equipment and compact equipment such as excavators, loaders, and skid steers. Financing from lenders and equipment dealers also supports equipment purchases, demonstrating the contractor and developer’s intention of using credit for large projects.
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- ✅ Regional Demand & Equipment Trends
1. TEXAS
Texas has emerged as one of the largest states in the U.S. for construction equipment sales as a result of its high investment, rapid urbanisation, and infrastructure spending.
Texas construction equipment adoption is driven by the substantial amount and diversity of construction activity. Texas often ranks in the top 3 to 5 in the U.S. for commercial construction spending, with a total of about $90 billion per year. The projects in the commercial space include not only manufacturing facilities, semiconductor plants, logistics centres, but also data centres, and there is continual growth in energy and clean technology. The strong growth in this industry leads to the demand for heavy equipment, excavators, loaders, cranes, compact track equipment and others. The diversity and volume of activity create a demand for both heavy equipment jobs and compact track jobs, which also support continued growth through some industrial megaprojects and residential or commercial building initiatives.
Commercial and Industrial Spend: Texas ranks first in the nation for commercial construction spend, roughly $90 billion per year, sparking demand for machinery.
- Megaprojects and Infrastructure Growth: The expanding manufacturing and energy, logistics and clean-tech sectors require considerable amounts of heavy equipment.
- Population Growth and Urban Sprawl: The population growth of new residents has generated housing, transportation, and utilities demand that is ultimately increasing construction.
- Overall Preference Toward Financing: Texas contractors are one of a few states ranked as preferred to lease or finance when considering all reporting for purchase financing – meaning using the equipment lease is overall more preferred than a capital purchase.
When factoring in population growth, demand is worse. Cities in Texas, such as Austin, Dallas, Houston, and San Antonio, are growing fast, keeping up demand for residential and infrastructure work. When faced with these demands, contractors can use many different types of equipment. Contractors need all sorts of equipment, from an excavator and loader to a compact track loader, to meet the demands. Understanding financing equipment allows contractors to remain readily liquid and, if the planned financing is suitable, allows growth, reinforcing the support of Texas.
Challenges and Risks
- Dependent on Policies and Incentives: A normal, state, or federal incentive affects countless large projects. If policies change, the development scale of future demand may alter.
- Unexpressed Cash Purchases: Reports generally only capture financed transactions, suggesting that Texas’s actual demand is potentially much larger than any provided figure.
Overall, Texas’s demand for construction equipment remains unmatched in the country because of its unique combination of commercial spending, population-driven infrastructure needs, and financing capability. With billions worth of commercial projects recently announced, coupled with continued urbanization, Texas has the opportunity to sustain its number one standing.
2. FLORIDA
Florida ranks as the second-largest market for construction equipment materials in the United States, after Texas. In 2024, Florida also ranked among the highest states for financed volumes of new construction equipment purchases, demonstrating the size of its housing boom, infrastructure, and commercial construction development. Florida is regularly listed among the top states for the demand for construction machines, including compact track loaders and excavators, and the skid steer sales volume is high.
The construction demand in Florida is driven mainly by population growth, coastal development, and a large commitment of infrastructure spending. There is a strong demand in the residential and commercial markets, and housing development has seen a large amount of activity related to highway work, resiliency infrastructure, and large-scale private developments. Florida’s city centres of Miami, Orlando, and Tampa Bay have very high populations and with their deep corridors of urbanisation, driving further demand for heavy machinery.
Notable characteristics of construction equipment demand in Florida include:
- Increased demand for housing due to population growth – as Florida leads the nation as one of the fastest-growing states, and subsequently, housing concepts and residential construction have expanded.
- Infrastructure and transportation projects funded – Florida has many road and airport construction and coastal defence systems projects funded by the state and federal governments. Florida also has a high density of construction due to population growth, which puts pressure on transportation systems from traffic, tourists, or climate-related risks.
- Commercial development – Miami, Tampa, and Orlando have been experiencing the strongest market activity for the construction of retail, hospitality, and logistics, all of which have large needs for construction material.
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3. GEORGIA
Georgia has become one of the fastest-growing markets for construction equipment in the United States. In 2024, it was consistently ranked among the top states for financed purchases of new equipment, along with Texas, Florida, North Carolina, and California. Georgia has a particularly strong demand for compact machines, such as skid steers, mini excavators, and track loaders, as it combines urban development, logistics infrastructure, and residential construction.
The growth in construction in Georgia is fueled by its strategic role as a logistics and industrial centre in the Southeast. Atlanta is rapidly expanding, coupled with significant investments in warehouses, distribution centres, manufacturing facilities and transportation networks, which has resulted in consistently strong demand for both heavy and compact equipment. In addition to urban development, various statewide infrastructure projects, such as highway projects and airport expansions, are contributing to Georgia’s increased need for construction machinery.
Major Drivers of Equipment Demand in Georgia
- Logistics and industrial expansion. Georgia is one of the preferred locations for e-commerce and distribution hubs. Warehouses and industrial facilities need heavy amounts of site preparation, which increases the demand for loaders, excavators and earthmoving machines.
- Housing demand due to population growth. Rapid suburban expansion around areas of Atlanta and other urban areas is increasing the demand for residential construction and ultimately requiring more construction equipment.
- Infrastructure investments. State and federal investments in highways, bridges, and airport projects have increased the need for equipment to be used in various sectors.
- Compact equipment demand. Georgia’s unique mix of urban and suburban construction has created strong demand for compact track loaders and mini excavators, which accounted for a high percentage of the national sales for compact equipment in 2024.
Various risks:
- Financing pressure: Like some other high-growth states, Georgia’s demand for equipment closely reflects financing trends. Higher rates have created tighter credit conditions in 2024, which may temper purchasing in the future.
- Concentration in logistics and urban corridors: Georgia’s heavy dependence on the metro Atlanta area and its logistics sectors means that demand could falter if industrial activity declines.
- Labour and cost pressures: Increased labour costs in construction throughout Georgia could slow the schedule of work, indirectly affecting the turnover of equipment.
4. NORTH CAROLINA
North Carolina ranks as one of the best states in the country for financed purchases of construction equipment. In 2024, it was noted as one of the leading states, along with Texas, Florida, Georgia, and California, to have high volumes of newly financed units. North Carolina highlights a strong market for both compact equipment and heavier equipment.
The demand in North Carolina is influenced by a convergence of multiple market factors. The rapid urban growth in regions like the Research Triangle (Raleigh, Durham, Chapel Hill), Charlotte, and the Outer Banks has added stress to infrastructure, utilities, and housing. Major development projects for transportation and commercial building, and large industrial sites have increasing needs for earthmoving machines, grading machines, utility machines and paving machines. For example, North Carolina dealers reported sales of machines increase when major contracts for highways or bridges are awarded.
Another driver is the momentum resulting from regional infrastructure investment. Dealers in the Southeast, for example, report that demand is stronger in states with more road and bridge projects in process. In North Carolina, dealers like Triangle Equipment Group (which operates in Morrisville, Garner, and Wilmington) are proactively providing financing and credit to contractors, thus reducing the barriers to purchasing machines.
Key Drivers in North Carolina:
- Largest urban and suburban growth in multiple metro areas
- State and federal infrastructure and transportation projects
- Actively participating in equipment dealer networks
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AI in Drones: Pioneering the Next Era of Aerial Intelligence
Thought ArticlesThe integration of artificial intelligence into drone technology marks a pivotal shift in how unmanned aerial systems operate, analyze data, and interact with dynamic environments. As drones evolve from basic remote-controlled devices to sophisticated autonomous platforms, AI serves as the core enabler, processing vast amounts of sensor data in real time to enhance decision-making and operational efficiency. This convergence is not merely technological; it promises to reshape industries ranging from defense to agriculture, fostering safer, more scalable applications in the skies.
According to the Federal Aviation Administration’s Aerospace Forecast for Fiscal Years 2025 through 2045, the commercial small unmanned aircraft systems fleet is projected to surpass one million units in 2025, expanding to 1.118 million units by 2029 under the base scenario. This growth underscores the burgeoning demand for AI-enhanced drones capable of beyond visual line of sight operations, where intelligent navigation and collision avoidance are essential. Similarly, the recreational small drone market is expected to approach saturation at approximately 1.93 million units by 2029, reflecting widespread adoption driven by accessible AI features that simplify piloting for hobbyists and professionals alike. In this landscape, AI in drones represents an initial frontier for market exploration, offering stakeholders insights into emerging trends without delving into exhaustive projections. For a comprehensive analysis of these dynamics, explore our detailed report on AI in the Drone Market.
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Defining AI in Drone Systems: From Autonomy to Intelligence
At its essence, AI in drones refers to the deployment of machine learning algorithms, computer vision, and neural networks to enable self-governing behaviors that mimic or surpass human piloting skills. Unlike traditional drones reliant on pre-programmed paths, AI systems process live inputs from cameras, LiDAR, and inertial sensors to adapt instantaneously to obstacles, weather variations, or mission objectives. The Federal Aviation Administration’s Roadmap for Artificial Intelligence Safety Assurance outlines this integration as a progression along a safety continuum, starting with low-risk applications in small unmanned aircraft systems where design assurance levels allow for rigorous yet feasible validation through testing and analysis.
Key to this definition is the distinction between static and dynamic AI models. Static learned AI, trained offline for tasks like image recognition in search and rescue, undergoes upfront certification akin to software under existing regulations such as RTCA DO-178C. Dynamic learning AI, which adapts during flight, demands embedded safeguards to prevent performance degradation, a focus of ongoing research highlighted in the roadmap’s milestones for aberrant behavior studies by the fourth quarter of 2025. NASA’s efforts further illuminate this, with projects like AI-enabled drone swarms for fire detection that leverage onboard computing to coordinate heterogeneous fleets for mapping and modeling wildfires, enhancing response times in hazardous terrains.
Industry leaders exemplify these principles through practical implementations. DJI’s Matrice 4 Series enterprise drones incorporate an AI computing platform that supports smart detection of vehicles and vessels from afar, even in challenging terrains, allowing operators to maintain cruise control while multitasking during search missions. Complementing this, Skydio’s autonomy engine uses advanced computer vision for real-time navigation, enabling drones to fly farther and safer in complex environments, day or night, without specialized piloting expertise. These features align with the Association for Unmanned Vehicle Systems International’s database, which catalogs 2,185 active UAS platforms across academic, civil, commercial, consumer, and military markets, many now embedding AI for applications like precision imaging and search and rescue.
Such advancements position AI as a foundational element, bridging current capabilities with scalable future deployments. To uncover deeper market implications, consult our AI in the Drone Market report.
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Core Applications Driving AI Drone Adoption
AI’s value in drones manifests most vividly through targeted applications that address real-world challenges across sectors. In defense, the Department of Defense emphasizes AI’s role in transforming unmanned systems for enhanced situational awareness and tactical decision-making. For instance, the U.S. Air Force’s Skyborg program deploys AI-controlled low-cost drones to support manned aircraft, processing data for rapid threat assessment in contested environments. The Navy’s recent accelerations in drone and AI development have conducted over 100 flights testing swarms, countermeasures, and sensors, underscoring AI’s potential to streamline combat operations and reduce human risk.
Commercially, AI enables precision agriculture and infrastructure inspection, where drones like DJI’s Biodrone use AI portals to classify tree species, measure heights, and detect invasive plants via single-image analysis, optimizing resource allocation for farmers. Skydio’s X10D, tailored for national security and inspections, integrates thermal imaging with AI for resilient communications and dynamic channel switching, allowing seamless data capture in denied environments. The Association for Unmanned Vehicle Systems International reports that beyond visual line of sight waivers approved by the FAA increased by 88 percent year-over-year, facilitating AI-driven expansions in delivery and surveying.
Public safety benefits from these technologies as well. NASA’s AI swarms for fire modeling provide rapid aerial insights, coordinating drones to map fire perimeters and predict spread, vital for wildfire management in regions like the western United States. In urban settings, the Government Accountability Office highlights AI’s contribution to drone traffic management systems, ensuring safe integration into national airspace at lower altitudes for emergency response and medical deliveries.
These applications illustrate AI’s versatility, with the U.S. Trade and Development Agency noting investments like Taiwan’s NT$110 million allocation starting in 2025 for AI image chip modules in drone systems, signaling global momentum. Delve into sector-specific forecasts in our AI in the Drone Market analysis.
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Navigating Growth: Opportunities and Regulatory Horizons
The trajectory of AI in drone market is buoyed by robust forecasts and supportive frameworks. The FAA anticipates that remote pilots for commercial operations will grow from 427,598 in 2024 to 522,325 by 2029, creating nearly 95,000 new opportunities as AI lowers barriers to entry. This aligns with AUVSI’s observations of exponential platform diversity, from 2,185 models spanning military imaging to consumer hobbyists, fueled by AI’s role in democratizing access.
Regulatory progress is equally promising. The FAA’s AI safety roadmap targets policy memos on machine learning considerations by the fourth quarter of 2024, alongside certification position papers for UAS use cases in early 2026, fostering trust in AI deployments. Internationally, the Department of Energy’s trustworthy AI guidelines for UAS emphasize autonomous learning systems for flight planning, ensuring ethical and secure integration.
Government and industry initiatives further propel this sector:
Challenges persist, including the need for standardized assurance methods to address AI’s “black box” nature, as noted in FAA research on numerical verification slated for 2026. Yet, these hurdles present opportunities for innovation, with companies like DJI providing developer tools for custom AI applications and Skydio advancing edge computing for defense-grade analytics.
Looking ahead, AI in drones holds transformative potential, from bolstering national security to streamlining supply chains. As fleets expand and regulations mature, early market entrants stand to capture substantial value. For authoritative insights into this evolving landscape, including detailed growth trajectories and investment strategies, access our flagship AI in the Drone Market report today. This resource equips analysts and decision-makers with the foundational data needed to navigate opportunities in this high-velocity sector.
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Sand Control Solutions Market expected to reach USD 6,106.05 million by 2030
Press ReleasesSand Control Solutions Market Trends & Forecast
The sand control solutions market is growing steadily, driven by rising investments in the oil and gas sector. The push toward sustainable energy, backed by significant funding for low-carbon technologies, is also creating market opportunities. Additionally, the need to improve the reserve-to-production ratio in both existing and aging wells is increasing demand for efficient sand control solutions as operators focus on enhancing well productivity and longevity. Further, operators are aiming for safer, more efficient, and sustainable oil & gas extraction processes, prioritizing cost optimization. Thus, all the factors combined are driving the market growth of global sand control solutions.
The sand control solutions market consists of various equipment and solutions like gravel packs, sand screens, chemical treatments, frac packs, and many more. These are designed to control the sand particles from entering the wellbore during oil and gas production. The market is segmented into open holes and cased holes based on the type of wellbore. Based on deployment, it is segmented into offshore and onshore.
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Poultry Vaccine Market expected to reach USD 2,698.1 million by 2030
Press ReleasesPoultry Vaccine Market Trends & Forecast
The rapidly growing poultry production worldwide and the growing incidence of several poultry diseases are driving this global market. As the demand for poultry products increases, so does the awareness of the health risks associated with consuming diseased poultry. This heightened awareness is prompting poultry manufacturers to regularly vaccinate their flocks, positively influencing the global poultry vaccine market growth.
National governments and international organizations are increasingly taking steps to reduce the risk of disease transmission due to poultry animals by regulating poultry farming and ensuring biosecurity. Governments are implementing strict biosecurity regulations, taking up disease control programs like vaccination programs, and framing rules and policies to regulate poultry farming. The rules and regulations regarding vaccination are increasing the market for global poultry vaccines.
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Poultry Vaccine Market, by Disease Type
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Solar Panel Recycling Market expected to reach USD 0.952 billion by 2030
Press ReleasesSolar Panel Recycling Market Trends & Forecast
The increasing adoption of solar panels in the midst of the renewable energy wave, together with the high recycling value of recoverable materials from disposed of solar panels, are key factors fueling the solar panel recycling market expansion. Also, the hazardous waste composition and easy recycling of the major components in a solar panel are key proponents of the market growth. By the year 2050, the United States is said to have the largest quantity of disassembled panels, second only to China, with an estimated total weight estimated at 10 million clip tons. Globally, there was an overall increase of about 50% for all kinds of sources that produce renewable forms of energy, and for most regions, including Europe and the USA.
Moreover, the quick pace at which solar panel waste is being generated is expected to expand the requirements for solar panel recycling, in this manner accelerating the market development. Additionally, to enhance the market size during the forecast period, government regulations as well as policies on waste from solar panels will still be potential drivers.
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Report Coverage:
Solar Panel Recycling Market Growth Drivers and Restraints
Growth Drivers:
Furthermore, since past governments have ensured that all regulations regarding solar panels recycling, hazardous waste disposal have been implemented properly, CSR just like global companies has grown tremendously in the entire market. In USA such as Washington there was on July 1st 2023 a law enacted which requires photovoltaic (PV) module manufacturers within this jurisdiction to finance any recycling programs related to their products.
Moreover, besides recovering useful materials from end-of-life panels, ROSI established a patented process of reintroducing them into diverse industries such as solar and semiconductor manufacturing. Additionally, in September 2023, Researchers at NTU Singapore have developed a productive process for extracting high-purity silicon from solar panels that have expired, enabling the production of lithium-ion batteries that may help fulfil the growing demand for electric vehicles worldwide. The bulk of solar cells are made of high-purity silicon, but after 25 to 30 years of operation, they are usually thrown away.
Restraints:
Solar Panel Recycling Market Key Development
Solar Panel Recycling Market Segmentation
Knowledge Sourcing Intelligence has segmented the Solar Panel Recycling Market based on panel type, material, and region:
Solar Panel Recycling Market, By Panel Type
Solar Panel Recycling Market, By Material
Solar Panel Recycling Market, By Region
Solar Panel Recycling Market Key Players
Organic Wine Market expected to reach USD 12.365 billion by 2030
Press ReleasesOrganic Wine Market Trends & Forecast
The ongoing shift of consumers’ preferences towards organic food is driving the market expansion of organic wine. Consumers prefer organic foods more often than before, aligning their eating & drinking habits with their health & wellness goals. This is leading to an increase in demand for organic food and, hence, raising the demand for organic wine. Further, rising awareness about sustainability and climate change is leading customers to demand environmentally viable products. The innovations in organic wine production are also boosting its market growth, enabling it to compete with traditional wine in terms of taste and quality. With the growing popularity of vegan diets and chemical-free food and beverage products, this factor will continue to pave the way for the global organic wine market expansion.
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Organic Wine Market, by Product Type
Organic Wine Market, by Distribution Channel
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Leading U.S. Robotics Companies Transforming Elderly Care
Thought ArticlesIntroduction To U.S. Robotics Companies
In the United States, robotics firms have been successful with their innovations in the field of robotics to provide new elderly care options that not only facilitate the lives of senior citizens but also enrich the overall quality of their lives. Design is AI companions, telepresence robots, various assistive technologies, and humanoid robots for the robotization of the intervention in different problems of aging and elderly care. The aging population will be the main factor behind the further growth of robotics in eldercare and, as a result, more possibilities for the elderly to have a better quality of life will be available in the future, given the advancement of this technology.
The convergence of robotics and senior populations is quickly progressing, with companies based in the U.S. likely leading the way in developing new solutions to deal with the issues of an aging population. They promise to enhance the quality of life for seniors, allowing independence, safety, and companionship. Here’s a look at some American robotics companies making inroads in the eldercare space.
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The following are key factors in the U.S. robotics companies:
Percentage of the Population that is 65 and Older, in %, 2004-2024
Source: U.S. Census Bureau
Intuition Robotics – Pioneering AI Companionship
Intuition Robotics, a U.S.-based organization, has created ElliQ, an artificial intelligence robot that seeks to improve quality of life by using companionship to combat loneliness and support healthy aging in older adults. ElliQ engages users in new ways through conversations, sends reminders for health and wellness, and enables interactions with family and caregivers. Studies show that the robot’s proactive nature improves elderly quality of life, with 94% of users reporting positive experiences.
OhmniLabs – Telepresence Robots for Remote Interaction
OhmniLabs offers telepresence robots that allow family members to remotely connect with their elder loved ones. The robots are particularly useful for seniors in assisted living facilities as they help families communicate hands-free and lessen isolation. The telepresence robots can be controlled through a smartphone or computer, and look and feel like a real person, making virtual visits possible to read a book, cook together, or even watch TV.
Labrador Systems – Assistive Robots for Daily Tasks
Labrador Systems has launched personal robots meant to help older adults with activities of daily living by providing access to everything they require within reach. These robots are created to ease the caregiver’s physical burden and foster independence in your older loved ones so they can more easily obtain needed items without assistance.
Apptronik – Humanoid Robots for Healthcare Applications
Austin-based Apptronik is working on Apollo, a humanoid robot originally designed for warehouse and factory workers. With funding and partnerships, including a partnership with Google DeepMind, Apptronik hopes to evolve Apollo to reach eldercare and healthcare settings. Apollo’s advanced capabilities are designed to help with a variety of tasks, increasing both the efficiency of delivery and the quality of care older adults receive.
Aeolus Robotics – Advanced Robotics for Healthcare
Aeolus Robotics is concentrating on creating agile, two-armed humanoids specifically for nursing care, hospitals, and security markets. These humanoid robots will be expected to carry out various tasks to assist with mobility and help healthcare professionals provide care for residents, to increase the efficiency and effectiveness of eldercare services.
SoftBank Robotics – Integrated Solutions for Senior Living
SoftBank Robotics provides complete robotic systems, for instance, Whiz and Scrubber 50 Pro, that are specially designed for senior living facilities. These machines, through automation, perform basic activities that staff members can then attend to specialized care. By taking over the monotonous tasks, SoftBank’s robots become part of a valuable staff that ensures safety and cleanliness for the elderly community.
RobotLAB – Robotics in Assisted Living Environments
RobotLAB has a focus on the use of robots in the common areas of senior living facilities with the aim of making daily operations easier. The cleaning is done by their robots, which also provide directions to visitors and keep the residents occupied in a simple manner, which leads to a more efficient and interactive environment for elderly individuals.
CIRQ+ – Healthcare Robotics Solutions
CIRQ+ is a robotics healthcare firm that creates products to serve the purpose of raising the standard of living of the elderly. These techs concentrate on the healthcare of patients and on the service that the medical staff provides to the geriatric population to be more efficient.
Atlantic Automation – Robotics for Healthcare Applications
Atlantic Automation is a company that uses robotics to provide different solutions in various fields, one of which is the healthcare sector. The main idea behind the products of the company is the carrying out of the work in which the care and support of people of old age are involved, and the goal set is to enhance both the effectiveness and the quality of healthcare services.
Regulatory Framework Governing Robotics in Elderly Care in the U.S.
The use of robotics in elderly care in the United States is regulated by a comprehensive and complex system of laws and policies that aim to maintain safety, effectiveness, and ethical standards. At the federal level, the Food and Drug Administration (FDA) is the main body that oversees the medical devices in the U.S., among which are the robotic systems for healthcare applications. The FDA assigns the devices to different categories depending on the risk, with the high-risk devices being subjected to the most thorough evaluations before they are allowed on the market. One example of such devices is those assisted by AI and machine learning that are used in eldercare; the FDA has given the green light to a lot of these devices after they passed all safety and effectiveness tests. Moreover, the Medical Device Home Use program by the FDA aims at redefining the difficulties of medical devices being used in places other than the clinic, such as private homes, focusing on the necessity of user-friendly design, clear labeling, and comprehensive training for the prevention of risks related to home use.
The International Organization for Standardization (ISO), an internationally recognized body, has created ISO 13482:2014, which sets the safety requirements for personal care robots. The standard mainly deals with the safe design, safety features, and user information of personal care robots, specifically the mobile servant robots, physical assistant robots, and person carrier robots. These robots are intended to be used in any places, such as homes, hospitals, and other healthcare facilities; thus, the standard is to make sure that they are safe in these different settings. The ISO 13482 standard resolves the danger issues that are caused by human-robot physical contact and gives guidelines for risk assessment and risk reduction, which in turn leads to safety and reliability of the robotic system in eldercare applications.
Understand the Healthcare Artificial Intelligence Market
AI-powered robotics are shaping the future of eldercare. Our report on the Healthcare Artificial Intelligence Market offers a detailed analysis of trends, applications, and growth opportunities.
Conclusion
The US robotics industry is contributing significantly to the sector for elderly care by introducing various technological solutions that facilitate the lives of the elderly. These technologies are fulfilling through the usage of AI companions, telepresence robots, assistive devices, and humanoid robots, the problems that arise from aging and caregiving. With the aging of the population, robotics is forecasted to take on increasing responsibilities in elder care, thereby providing a host of new avenues for enhancing the well-being of senior citizens.
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Peppermint Essential Oil Market expected to reach USD 444.194 million by 2030
Press ReleasesPeppermint Essential Oil Market Trends & Forecast
The growing awareness of consumers towards natural and organic products is increasing, and this trend will continue with more intensity in the coming years. Owing to its cooling, soothing, and antimicrobial & aromatic properties, peppermint essential oil is being particularly demanded by consumers. The application of this oil is rising in multiple industries like food & beverages and pharmaceuticals. Furthermore, the growing aromatherapy market is raising the demand for peppermint essential oil as its refreshing scent has stress-relieving properties. Hence, all these factors together are growing the market of peppermint essential oil.
The Peppermint Essential Oil Market consists of the production of peppermint herb, oil extraction, and selling and distributing oil in different industries like pharmaceuticals, cosmetics, aromatherapy, and many others.
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Analyze the Essential Oils Market
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Top U.S. Plant-Based Milk Manufacturers Leading the Market
Thought ArticlesThe U.S. plant-based milk category has evolved from minor shelving in natural food stores to a grocery item category available throughout the grocery store. With changing dietary practices and increasing awareness of lactose intolerance, along with growing sustainability issues, alternatives such as almond, oat, soy, and coconut milk are now commonplace. What was originally a small health-conscious innovation has now morphed into a multi-billion-dollar industry, with innovation and products introduced every year, impacting consumer choices. Now, plant-based milk is not simply a replacement for dairy milk; it is also about diversity, taste, consumer alignment, and lifestyle habits and values. Competition is rising, and larger traditional plant-based milk companies dominate with strong brand formation, consumer trust, and continual improvement and innovation. These industry-leading companies are establishing standards for quality and growth, impacting not just what consumers are pouring in their dairy coffee or cereal, but influencing the entire dairy-alternative industry.
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1. Almond Breeze
Almond Breeze is a leading plant-based milk brand produced by Blue Diamond Growers, a cooperative of over 3,000 almond growers based in California. Founded in 1910 as the California Almond Growers’ Exchange, Blue Diamond has grown to become the world’s largest almond processing and marketing company. The cooperative is headquartered in Sacramento, California, and operates additional manufacturing plants in Salida and Turlock, California. Almond Breeze offers a wide range of almond-based beverages, including original, unsweetened, vanilla, chocolate, and extra creamy varieties. These products are available in both refrigerated and shelf-stable formats, catering to diverse consumer preferences. Almond Breeze is known for its commitment to quality, using almonds grown by its cooperative members without the use of genetic engineering or gene manipulation. In the U.S. plant-based milk market, Almond Breeze holds a dominant position, with an estimated 48% market share as of 2024. This success can be attributed to the brand’s strong presence in both retail and foodservice channels, as well as its consistent product innovation and marketing efforts.
However, Almond Breeze has faced challenges in certain international markets. For instance, the brand announced its departure from Australian and New Zealand supermarkets, citing the almond milk range as “no longer competitive or profitable” in these regions.
Despite these challenges, Almond Breeze continues to be a significant player in the global plant-based milk industry, driven by its strong brand recognition, commitment to quality, and extensive product offerings.
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2. Oatly
Oatly has continued to be the most dominant oat milk brand in the U.S. and has become a staple in many coffee shops, where its creamy texture has made it a barista favourite. Since Oatly entered the U.S. back in 2016, the company has successfully helped oat milk to become a standard milk alternative, partnering with Starbucks and independent coffee shop businesses. As the company moves forward into 2025, it is navigating a financial restructuring by issuing SEK 1,700 million in Nordic bonds, while simultaneously signing a new sustainability-linked revolving credit facility to refinance debts, (which include repaying a $130 million U.S. loan). During these transitional times, Oatly has announced new and innovative products, the latest being a hot cocoa oat drink, which will be released in Whole Foods in November 2025, to capitalize on the popularity of seasonal hot drinks. Revenue increased $6.2 million, or 3.0% to $208.4 million for the second quarter ended June 30, 2025, compared to $202.2 million for the prior year period.
Oatly, America’s Revenue, 2022 and 2023
Source: Oatly
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Oatly’s success highlights the rise of oat milk. Our Oat Milk Market Report explores global trends, key players, and future growth prospects in this dynamic segment.
3. Califia Farms
Califia Farms, which was founded in 2010, built its brand on good-looking packaging and high-end barista-style milks, making it a strong option in coffee shops. Its almond and oat milks have found a particularly good fit in the speciality coffee market. For 2025, Califia has embraced healthy branding with a new launch of products in its “Simple & Organic” range (for example, coconut and vanilla almond) and Califia Complete Kids, which offers nutrition equivalent to dairy but with less sugar. This will enable Califia to further strengthen its position in the family and wellness space while serving coffee culture. While Califia still has a smaller market share than Silk or Oatly, it is still a trendsetter and remains attractive to consumers seeking clean-label and natural plant-based options. Milk confuses the average person more than it ever has in the past. There are so many products in the dairy section—not only do we have 17 different kinds of dairy milk, with different fat contents to choose from, but there is also an entire aisle of plant-based alternatives. One aisle might even overwhelm a savvy consumer to decide which types and brands they want to choose. One can now choose from dozens of different types of milk in the grocery store, including traditional dairy, plant-based options, and different fat contents in dairy milk.
If someone is ever looking for something healthy in terms of milk, they advise you to look for an unflavored, unsweetened option, absolutely zero thickeners of any kind or added sugars, less than two grams of saturated fat, and, regarding calcium, you want to see anywhere near 250 milligrams or higher per serving. When following those guidelines, one of the healthiest options available at the supermarket is “Ripple Oat Milk + Protein,” at about 140 calories per serving. Horizon Organic Lowfat Milk is another healthy option in the supermarket.
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Califia Farms’ focus on health aligns with the growing functional beverages trend. Our Functional Beverages Market Report provides insights into consumer preferences and market opportunities.
4. Planet Oat
Planet Oat came into the U.S. market in 2018 and quickly became a recognisable name by focusing only on oat milk. Produced by HP Hood, the brand has become very familiar in grocery stores with good price points and widespread availability. As of 2025, Planet Oat remains the volume leader and claims to be one of America’s best oat milk brands based on industry case studies. Their product lineup–Original, Vanilla, Extra Creamy–has remained the same, appealing to a wider audience instead of focusing on niche innovation. Although they have not been as splashy with product launches as Oatly or Califia, where Planet Oat has power is affordability and distribution in mass retail settings attracting everyday consumers. Planet Oat has partnered with One Tree Planted to support their mission of making it simple for anyone to help the environment by planting trees. One Tree Planted’s projects span the globe and are done in partnership with local communities to create an impact for nature, people, and wildlife. Their reforestation efforts help to rebuild forests after fires and floods, provide jobs for social impact, and restore biodiversity across the globe.
5. Elmhurst 1925
Elmhurst 1925 concentrates on beverages that are either oat-based or nut-based, products that are committed to ingredient transparency and minimal processing. Product lines included oat, cashew, almond, and macadamia milk. Elmhurst is distributed through Costco and Whole Foods but has various pack formats exclusive to the retailers. Elmhurst has developed a reputation for clear label claims and barista-friendly formulations. Its plant-based products contain no cholesterol, are lower in sugar than dairy milk and less saturated fat, which supports heart health, and are typically lower in calories. It is sold in supermarkets and grocery retailers, coffee shops and restaurants, and has a growing food service business to airports and colleges, and also ships directly to consumers. Its products have a 12-month shelf life and don’t require refrigeration.
6. Good Karma
Good Karma is a retailer of flaxseed-based milk products that are a good source of omega-3 fatty acids. Their line includes original and unsweetened varieties and is flavoured with vanilla. Their market position is smaller than others; however, Good Karma targets health-conscious consumers who seek plant-based beverages with functional appeal. Certified Glyphosate-Residue Free, non-GMO, and made without major allergens, while being easy on the environment. Because good quality plants make good quality products, which make good quality humans.
7. Milkadamia
Milkadamia specializes in macadamia nut milk, which offers an enjoyable, creamy taste in a low sugar beverage. It locates itself as a premium brand marketed in the U.S. that appeals to coffee-skewed consumers and health-oriented sales. Milkadamia has developed a range of creamers and dairy-like desserts, too.
8. Ripple Foods
Ripple Foods develops pea-protein milk, which has higher protein levels than most plant-based milks. Ripple products target sustainability, protein content, and flavour. Ripple has expanded into cheese and yoghurt as it grows their position in the plant-based dairy category.
9. So Delicious (Danone North America)
So Delicious has a range of plant-based milk using coconut, almond, cashew, and oat; as well as dairy-free yoghurt and ice cream. So Delicious is a health-focused and eco-conscious brand and has a substantial distribution footprint through supermarkets and grocery stores.
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Solar PV Backsheet Market expected to reach USD 2,904.854 million by 2030
Press ReleasesSolar PV Backsheet Market Trends & Forecast
Rising solar PV installation is the major driver of the solar PV back sheet market. Growing focus on the renewable energy sector due to rising electricity prices and environmental sustainability concerns is driving the installation of solar panels which, in turn, is propelling the growth of the solar PV back sheet market. Furthermore, the declining cost of solar panels is further augmenting the use of solar energy, thus positively impacting the growth of the solar PV back sheet market. While favorable government initiatives and policies to encourage the use of solar energy will continue to support the growth of the solar PV back sheet market in the coming years.
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Solar PV Backsheet Market Report Highlights
Report Coverage:
Solar PV Backsheet Market Growth Drivers
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Solar PV Backsheet Market Key Development
Solar PV Backsheet Market Segmentation
Knowledge Sourcing Intelligence has segmented the Solar PV Backsheet Market based on product type, material, installation type, application, and region:
Solar PV Backsheet Market, by Product Type
Solar PV Backsheet Market, by Material
Solar PV Backsheet Market, by Installation Type
Solar PV Backsheet Market, by Application
Solar PV Backsheet Market, By Region
Solar PV Backsheet Market Key Players
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Top U.S. States with the Highest Demand for Construction Equipment
Thought ArticlesThe construction equipment market in the United States is expanding rapidly, supported by strong infrastructure, commercial growth, and residential construction in a number of states. Demand for machines exists throughout the country, but certain states provide the highest volume of new equipment purchases, especially financed units.
U.S. Construction Spending, Jun-July 2025 ($ Billion)
Source: U.S. Census Bureau – Monthly Construction Spending Report, September 2, 2025
The top states of Texas, Florida, Georgia, North Carolina, and California are driven by a combination of population growth, industrial developments, and urbanisation. The combination of these long-term drivers is producing equipment sales in the highest volume in these areas, and they are increasing the demand for heavy equipment and compact equipment such as excavators, loaders, and skid steers. Financing from lenders and equipment dealers also supports equipment purchases, demonstrating the contractor and developer’s intention of using credit for large projects.
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1. TEXAS
Texas has emerged as one of the largest states in the U.S. for construction equipment sales as a result of its high investment, rapid urbanisation, and infrastructure spending.
Texas construction equipment adoption is driven by the substantial amount and diversity of construction activity. Texas often ranks in the top 3 to 5 in the U.S. for commercial construction spending, with a total of about $90 billion per year. The projects in the commercial space include not only manufacturing facilities, semiconductor plants, logistics centres, but also data centres, and there is continual growth in energy and clean technology. The strong growth in this industry leads to the demand for heavy equipment, excavators, loaders, cranes, compact track equipment and others. The diversity and volume of activity create a demand for both heavy equipment jobs and compact track jobs, which also support continued growth through some industrial megaprojects and residential or commercial building initiatives.
Commercial and Industrial Spend: Texas ranks first in the nation for commercial construction spend, roughly $90 billion per year, sparking demand for machinery.
When factoring in population growth, demand is worse. Cities in Texas, such as Austin, Dallas, Houston, and San Antonio, are growing fast, keeping up demand for residential and infrastructure work. When faced with these demands, contractors can use many different types of equipment. Contractors need all sorts of equipment, from an excavator and loader to a compact track loader, to meet the demands. Understanding financing equipment allows contractors to remain readily liquid and, if the planned financing is suitable, allows growth, reinforcing the support of Texas.
Challenges and Risks
Overall, Texas’s demand for construction equipment remains unmatched in the country because of its unique combination of commercial spending, population-driven infrastructure needs, and financing capability. With billions worth of commercial projects recently announced, coupled with continued urbanization, Texas has the opportunity to sustain its number one standing.
2. FLORIDA
Florida ranks as the second-largest market for construction equipment materials in the United States, after Texas. In 2024, Florida also ranked among the highest states for financed volumes of new construction equipment purchases, demonstrating the size of its housing boom, infrastructure, and commercial construction development. Florida is regularly listed among the top states for the demand for construction machines, including compact track loaders and excavators, and the skid steer sales volume is high.
The construction demand in Florida is driven mainly by population growth, coastal development, and a large commitment of infrastructure spending. There is a strong demand in the residential and commercial markets, and housing development has seen a large amount of activity related to highway work, resiliency infrastructure, and large-scale private developments. Florida’s city centres of Miami, Orlando, and Tampa Bay have very high populations and with their deep corridors of urbanisation, driving further demand for heavy machinery.
Notable characteristics of construction equipment demand in Florida include:
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3. GEORGIA
Georgia has become one of the fastest-growing markets for construction equipment in the United States. In 2024, it was consistently ranked among the top states for financed purchases of new equipment, along with Texas, Florida, North Carolina, and California. Georgia has a particularly strong demand for compact machines, such as skid steers, mini excavators, and track loaders, as it combines urban development, logistics infrastructure, and residential construction.
The growth in construction in Georgia is fueled by its strategic role as a logistics and industrial centre in the Southeast. Atlanta is rapidly expanding, coupled with significant investments in warehouses, distribution centres, manufacturing facilities and transportation networks, which has resulted in consistently strong demand for both heavy and compact equipment. In addition to urban development, various statewide infrastructure projects, such as highway projects and airport expansions, are contributing to Georgia’s increased need for construction machinery.
Major Drivers of Equipment Demand in Georgia
Various risks:
4. NORTH CAROLINA
North Carolina ranks as one of the best states in the country for financed purchases of construction equipment. In 2024, it was noted as one of the leading states, along with Texas, Florida, Georgia, and California, to have high volumes of newly financed units. North Carolina highlights a strong market for both compact equipment and heavier equipment.
The demand in North Carolina is influenced by a convergence of multiple market factors. The rapid urban growth in regions like the Research Triangle (Raleigh, Durham, Chapel Hill), Charlotte, and the Outer Banks has added stress to infrastructure, utilities, and housing. Major development projects for transportation and commercial building, and large industrial sites have increasing needs for earthmoving machines, grading machines, utility machines and paving machines. For example, North Carolina dealers reported sales of machines increase when major contracts for highways or bridges are awarded.
Another driver is the momentum resulting from regional infrastructure investment. Dealers in the Southeast, for example, report that demand is stronger in states with more road and bridge projects in process. In North Carolina, dealers like Triangle Equipment Group (which operates in Morrisville, Garner, and Wilmington) are proactively providing financing and credit to contractors, thus reducing the barriers to purchasing machines.
Key Drivers in North Carolina:
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