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The report "Humidity Sensor Industryby Type (Capacitive, Resistive, Thermal Conductivity, Optical, Carbon, Ceramic, Lithium Chloride), Measurement Technique (Relative, Absolute), Technology (MEMS, Thin-film, Printed, Wireless Nodes) - Global Forecast to 2030" The global humidity sensor market is expected to be valued at USD 3.44 billion in 2025 and is projected to reach USD 4.64 billion by 2030; it is expected to grow at a CAGR of 6.2% from 2025 to 2030. Advances in printed humidity sensors open up new applications in flexible and wearable electronics; High demand for calibrated, high-accuracy humidity sensors with 12C interface for cost-effective, reliable applications; Increasing focus is on compact digital humidity sensors in order to boost efficiency and streamline device design.

Capacitive type humidity sensor to hold the highest market share during the forecast period.

Capacitive humidity sensors have found many applications in many industries due to their high precision and long-time stability. Sensors are built based on a substrate material, mainly ceramic, glass, or silicon, which lies between two electrodes made of metals to create a capacitor. The substrate material, depending on the relative humidity of the environment in which it is placed, will absorb or release water vapor and undergo changes in dielectric properties, which then alters the capacitance of the sensor, whose values are measured for relative humidity. Because the sensors can accurately measure humidity readings from 0% to 100% RH (Relative Humidity), they find application in systems that need absolute control over their environment. This includes pharmaceutical industries, food processing, HVAC applications, and environmental monitoring. All these sectors are dependent on such sensor output for quality of products, processes, and regulations. Further, their long-term stability is much less probable to require recalibration frequently; therefore, these units optimize efficiency. Their strong build makes them perform very well even in harsh environments, such as high temperature and varying humidity conditions. Capacitive sensors will become the core for advanced environmental sensing technologies due to the continuous rising demand for the accurate and reliable measurement of humidity.

By measurement technique, absolute segment is projected to grow at a high CAGR of humidity sensor market during the forecast period.

The absolute humidity measurement techniques have become all the more important in industrial process monitoring due to their ability to give precise water vapor content independent of temperature variations. It computes the actual mass of water vapor in any given air volume, usually in grams per cubic meter. It represents a more direct measure of moisture content compared to relative humidity. Absolute humidity measurements are very useful in industrial applications, especially in processes where accurate water vapor concentration needs to be maintained for optimal production. Such applications include the pharmaceutical, food processing, and chemical production industries. The method uses highly sensitive sensors that often merge temperature and pressure measurements with moisture measurements to obtain accurate absolute moisture content readings. These systems often employ chilled mirror hygrometers or other specialized polymer-based sensors to detect minute variations in moisture. Absolute humidity monitoring prevents product quality issues, optimizes drying processes to reduce energy consumption, and allows for greater control of chemical reactions where water vapor content is important. Some measurements have been merged into automated industrial control loops used in manufacturing batch processes to ensure product lots are manufactured on time and environment conditions are correctly maintained with automatic real-time compensation.

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Industrial process control end-use application of humidity sensor market to hold the highest market share during the forecast period.

Humidity sensors are employed to measure the level of moisture in a vast array of applications including HVAC, cleanrooms, food processing, pharmaceuticals, and chemical manufacturing. Precise humidity control ensures safety and quality standards while preventing equipment corrosion and product spoilage. Increasing automation and industry 4.0 technologies further spur the demand for advanced sensors such as humidity sensors for real-time monitoring and analytics. Investments in industrial infrastructure, along with integration of IoT-enabled sensors, promote their use in process control applications.

Asia Pacific will account for the highest CAGR during the forecast period.

Several interrelated factors are projected to drive Asia's humidity sensor market to a high CAGR. Industrialization in countries like China, India, and Japan significantly increases the requirement for humidity sensors in manufacturing industries like consumer electronics, automotive, and pharmaceuticals. Semifabrication facilities and the electronics manufacturing plant, which requires sensitive environmental control, have accelerated sensor adoption. In addition, it is expected to create a significantly high demand from the region focused on automation, smart manufacturing efforts, and increasingly investing in technologies such as the Internet of Things and Industry 4.0. Awareness relating to air and environmental quality continues to increase more in densely inhabited urban areas to implement the HVAC system by integrating humidity sensors. This region has been helped by government regulations requiring industrial environment monitoring and smart city projects.

Key Players

Key companies operating in the humidity sensor market Amphenol Advanced Sensors (Subsidiary of Amphenol Corporation) (US), Honeywell International Inc. (US), Texas Instruments Incorporated (US), Setra Systems (US), Sensirion AG (Switzerland), TE Connectivity (Ireland), Siemens (Germany), Teracom (Sweden), Bosch Sensortec GmbH (Subsidiary of Robert Bosch GmbH) (US), Schneider Electric (France), and Renesas Electronics Corporation. (Japan) among others.

 

The report "Smart Glass Industry by Type (Tinted, Coated), Technology (Electrochromic, Suspended Particle Display (SPD), Liquid Crystal, Photochromic, Nanocrystalline), Control System (Voice-based, Building Automation System, Mobile-based) - Global Forecast to 2030" The global smart glass market is expected to reach USD 10.42 billion in 2030 from USD 6.42 billion in 2025, at a CAGR of 10.2% during the forecast period. Factors driving the growth of smart glass include increased demand for energy-efficient solutions, construction sustainability, and technological advances. Increasing adoption in smart homes, commercial buildings, and the automotive sector for privacy, glare control, and temperature regulation are key drivers for the market. Incentives by the government on energy-saving products and the increasing smart cities are contributing to the trend. Cost cuts in the manufacture of smart glasses and increased functionality, such as color-tuning and automation, are further fueling its acceptance worldwide.

The active segment is expected to grow fastest in forecast period.

The fastest growth of the smart glass market is seen in the active segment. Key factors driving growth include increasing energy efficiency demands; adaptive glass regulates light and heat to create a more comfortable indoor environment while reducing energy consumption. Active smart glass, including electrochromic glass, allows buildings to adjust lighting and temperature in real-time, thus reducing the air conditioning and artificial lighting required in a building. Technological advancements also make active smart glass cheaper, more scalable, and more functional. Advances in electrochromic and thermochromic technologies have made them perform better and longer, thus becoming a more widespread application in residential, commercial, and automotive markets.

The rising demand for sustainability and conservation of the environment, especially green building designs, and the realization of smart cities can be a vital aspect driving this trend further. Active glass systems produce energy-efficient, reduced carbon footprints and make efficient contributions to the entire setup of buildings. Additionally, Increasing adoption in the automotive industry for privacy control, glare reduction, and aesthetics will drive growth in this segment. Thus, the active segment is growing fastest in the smart glass market.

The switch segment is dominating in smart glass market.

The switch control system dominates the smart glasses market because of its simplicity, low cost, and ease of handling. Many customers and businesses prefer manual switches that provide immediate control over the transparency or opacity of the glass as they do not require complex automation or additional infrastructure. This application is best for systems where adjustments must be made accurately in real-time, like in conference rooms, offices, and homes, where people can easily switch on and off. Compared with the more sophisticated automated control systems, the initial investment is also inexpensive when using the manual switch. They are cheaper and will only demand low installation complexity, saving on the expenditure of fitting smart glasses in already-built homes or offices. In regions with low adoption of smart home technology or low knowledge about IoT-based systems, users often opt for manual switches.

Another reason that ensures that manual switches maintain dominance is the element of reliability and easier maintenance. Indeed, more advanced systems, which allow a smartphone app to control or integrate with an IoT platform, can prove more convenient but appear somewhat faulty in terms of compatibility or connectivity. By contrast, manual switches offer control without complexity. Therefore, the simplicity, affordability, and reliability of manual control through switches continue to lead in the smart glass market.

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US in the North America region to dominate the smart glass market during the forecast period.

The US is leading the smart glass market in North America, taking into account strong consumer demand supported by technological innovations and robust infrastructural development. The US has significantly contributed to new technologies in developing smart glass for energy efficiency purposes and environmentally friendly applications, with companies leading on research and development. This innovation is primarily driven by the increasing demand for sustainable building practices and the integration of a smart home. Smart glass comes into play primarily in improving efficiency in energy savings, controlling lighting, and attaining privacy. Smart buildings involving automated and manually controlled climate systems, lighting, and privacy management controls in commercial and residential sectors enable demand for smart glass. For particular applications requiring precise adjustments, high-end residences, commercial spaces, and healthcare facilities prefer manual control switches.

The US also benefits through its robust automobile industry, with smart glass being applied increasingly in premium automobiles for electrochromic windows to control transparency levels in regulating temperature and reducing glare. Moreover, government programs in energy-efficient building solutions and increasing green construction enhance the prospects for the smart glass market in the US.

Key players

The smart glass market includes significant Tier I and II players like Saint Gobain (France), AGC Inc. (Japan), Gentex Corporation (US), Corning Incorporated (US), Nippon Sheet Glass Co Ltd (Japan), View Inc (US), Guazy Ltd and Entities (Israel), Xinyi Glass Holdings Limited (China), Research Frontiers (US), Diamond Switchable Glass Ltd (Ireland) are some of the key players in the smart glass market.

The hydrogen valve industry is poised for significant growth as the world pivots towards cleaner, sustainable energy sources. With the increasing demand for hydrogen as a clean fuel alternative, the importance of efficient and reliable hydrogen infrastructure becomes paramount. In this article, we will explore the future of the hydrogen valve industry, the technological innovations shaping it, and the key factors driving its growth.

The Growing Demand for Hydrogen

Hydrogen is increasingly being recognized as a clean, versatile energy source capable of powering everything from industrial applications to transportation. As governments and organizations focus on reducing carbon emissions, hydrogen fuel cells are becoming integral to the development of a low-carbon economy. The transition to a hydrogen-based energy system relies heavily on advanced hydrogen infrastructure, which includes storage, transportation, and distribution systems—making hydrogen valves crucial to maintaining system efficiency and safety.

Hydrogen Valve Industry Overview

The global hydrogen valve market was valued at USD 331 million in 2024 and is projected to reach USD 507 million by 2030, with a robust compound annual growth rate (CAGR) of 7.4% during the forecast period from 2024 to 2030. This growth reflects the increasing significance of hydrogen as a sustainable fuel for the future, driving demand for advanced infrastructure in hydrogen production, transportation, and storage.

Rising Demand for Hydrogen Infrastructure

As hydrogen continues to gain recognition as a key fuel source for a low-carbon future, the demand for hydrogen infrastructure, including valves, has escalated. Hydrogen can exist at different pressure levels—low, high, or cryogenic—and each state requires specialized equipment to handle it safely and efficiently. Valve systems are essential in regulating the flow and pressure of hydrogen at these various stages. Therefore, as the need for hydrogen grows, the demand for reliable, high-quality hydrogen valves is also expected to rise, especially as hydrogen becomes a more integral part of energy systems worldwide.

Hydrogen Valves in Industrial and Vehicle Applications

In addition to their critical role in various industrial sectors, hydrogen valves are also pivotal in the production of hydrogen-based internal combustion (IC) engines. The future of hydrogen-powered vehicles is on the horizon, especially as electric vehicles (EVs) may face limitations in the long term. Hydrogen-powered internal combustion engines (ICE) could provide an alternative solution to EVs. Recent advancements, such as Kawasaki’s successful testing of hydrogen-powered internal combustion engines for motorcycles, highlight the potential of hydrogen in the automotive sector. Kawasaki is expecting these hydrogen IC engines to be commercialized by 2023, paving the way for a significant shift in vehicle propulsion technology.

As the hydrogen industry evolves, valves will play an increasingly important role in ensuring safe, efficient, and reliable handling of hydrogen across various applications.

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Key Trends in the Hydrogen Valve Industry

  1. Increased Focus on Safety and ReliabilityHydrogen is a highly flammable and volatile gas, making safety a critical concern in hydrogen systems. The future of the hydrogen valve industry will be driven by innovations focused on enhancing safety, such as advanced sealing technologies, corrosion-resistant materials, and automated shut-off valves that improve the overall reliability of hydrogen systems.
  2. Technological Advancements in Valve DesignAs the hydrogen industry evolves, so too does the demand for more efficient and durable valves. Future valve designs will likely incorporate smart technology, allowing real-time monitoring and diagnostics to ensure optimum performance. These advancements will help prevent leaks, reduce maintenance costs, and improve the overall efficiency of hydrogen storage and transport systems.
  3. Integration with Renewable Energy SystemsHydrogen valves will play a key role in integrating hydrogen production, storage, and usage with renewable energy systems. As wind, solar, and other renewable energy sources become more prevalent, the need for flexible, high-performance valves that can handle varying pressures and temperatures will increase. Hydrogen infrastructure must be adaptable to changes in energy demand, requiring valves that can support dynamic energy systems.
  4. Global Expansion of Hydrogen InfrastructureGovernments worldwide are investing heavily in hydrogen infrastructure to support clean energy transitions. With initiatives like the European Union's hydrogen strategy and the U.S. Department of Energy's investment in hydrogen projects, the hydrogen valve industry is expected to see increased demand. Manufacturers will need to develop valves that can meet international standards and work efficiently in diverse environmental conditions.
  5. Focus on SustainabilityThe future of the hydrogen valve industry is not just about technological improvements; sustainability will also be a driving force. Manufacturers will prioritize eco-friendly materials and energy-efficient designs to minimize the environmental impact of production. Moreover, valves will be designed for longer service lives to reduce waste and improve the overall sustainability of hydrogen systems.

The Role of Innovation in Hydrogen Valves

Innovation in materials science and engineering will be critical to the future of hydrogen valves. New materials, such as lightweight composites and corrosion-resistant alloys, will allow valves to withstand the challenging operating conditions of hydrogen systems. Additionally, digital technologies, including sensors and IoT-enabled devices, will facilitate smarter, more efficient valve operation. These innovations will not only improve the functionality of hydrogen systems but also contribute to lower operational costs and a higher level of safety.

The future of the hydrogen valve industry is bright, with immense potential for growth driven by technological advancements, global energy shifts, and increasing investment in hydrogen infrastructure. As hydrogen continues to emerge as a key player in the global energy transition, valves will play a crucial role in ensuring the safe, reliable, and efficient transportation and storage of hydrogen. Manufacturers who invest in cutting-edge technologies and sustainability will be well-positioned to lead the industry into the future.

FAQ

1. What is the role of valves in hydrogen systems?Valves are critical components in hydrogen systems, controlling the flow, pressure, and safety of hydrogen in pipelines, storage tanks, and fuel cells. They ensure that hydrogen is safely transported and stored while maintaining system integrity.

2. Why are safety features important for hydrogen valves?Hydrogen is highly flammable, so valves with enhanced safety features such as leak prevention, corrosion resistance, and automated shut-off mechanisms are essential for preventing accidents and ensuring system reliability.

3. How will smart technology impact the hydrogen valve industry?Smart technology will enable hydrogen valves to provide real-time monitoring and diagnostic information, leading to improved efficiency, reduced maintenance costs, and early detection of potential issues.

4. What materials are used in hydrogen valves?Hydrogen valves are typically made from materials that are resistant to corrosion and high pressures, such as stainless steel, alloys, and advanced composites. These materials ensure the valves remain durable and reliable in harsh conditions.

5. What are the global trends influencing the hydrogen valve market?The global push for clean energy, growing investments in hydrogen infrastructure, and technological advancements in valve design are the primary trends influencing the hydrogen valve industry. These trends are driving demand for more efficient, reliable, and safe valve solutions.

The service robotics market is projected to grow from USD 47.10 billion in 2024 to reach USD 98.65 billion by 2029; it is expected to grow at a CAGR of 15.9% from 2024 to 2029.

The primary factor driving the growth of the service robotics market is mounting adoption of robots to achieve high returns on investment. Robots are being used more and more for a variety of tasks, with benefits including improved workplace safety, simpler procedures, and higher production. The use of service robots has several advantages, including a high return on investment and a decrease in operating costs (Rol). Recently, service robots have been deployed for delivery applications in e-commerce by companies such as Starship Technologies (US), Amazon Robotics (US), and Ford Smart Mobility (US).

Major Service Robotics companies include:

  • Intuitive Surgical Operations, Inc. (US)
  • DJI (China)
  • Daifuku Co., Ltd. (Japan)
  • JD.com, Inc. (China)
  • iRobot Corporation (US)

The major players in service robotics market are iRobot Corporation (US), Softbank Robotics Group (Japan), Intuitive Surgical Operations, Inc. (US), Samsung Electronics Co., Ltd. (South Korea), JD.com, Inc. (China), DeLaval (Sweden), Daifuku Co., Ltd. (Japan), DJI (China), KONGSBERG (Norway), Northrop Grumman (US), Neato Robotics, Inc. (US), KUKA AG (Germany), LG Electronics (South Korea), Lely (Netherlands), 3DR, Inc. (US), Stryker (US), and Harvest CROO Robotics LLC (US), among others. The major players in the service robotics market have predominantly used acquisition and partnership tactics to strengthen their market position.

Intuitive Surgical Operations, Inc.

Intuitive Surgical Operations, Inc. develops medical robots used in surgical procedures to make surgeries minimally invasive. The business segments include Instruments and Accessories, Systems, and Services. The Systems segment offers surgical robots, such as Da Vinci surgical systems and related instruments and accessories. The product portfolio includes Ion, a robot-assisted endoluminal platform for minimally invasive peripheral lung biopsy.

A few of the prominent subsidiaries of Intuitive Surgical Operations, Inc. are Intuitive Surgical BV (Netherlands), Intuitive Surgical GK (Japan), Intuitive Surgical Ltd. (UK), and Intuitive Surgical Pte. Ltd. (Singapore). The company has a presence in the Americas, Europe, and Asia Pacific. It offers products through direct sales organizations in the US, Europe (excluding Spain, Portugal, Italy, Greece, and most Eastern European countries), Japan, South Korea, India, and Taiwan. In the remainder of the markets, it provides its products through distributors.

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DJI

DJI primarily manufactures commercial unmanned aerial vehicles (UAVs)/drones. The company’s drones are widely used by professionals in filmmaking, agriculture, search & rescue, and energy infrastructure, among other applications. It also manufactures drone accessories, including aerial gimbals, HD video downlinks, and tuned propulsion systems.

DJI offers specialized drones, hardware (GNSS mobile stations, spreading systems, and cameras), and software for use in agriculture, filmmaking, aerial imaging, construction, and research applications. The company offers Mavic, a drone used for aerial photography and mapping. The applications of drones in agriculture include crop spraying, agricultural photography, and the surveillance of farmlands. Moreover, the company manufactures the educational robot, RoboMaster, which is used to understand science, mathematics, physics, and programming through captivating gameplay modes and intelligent features.

DJI has US, Germany, the Netherlands, Japan, China, and Hong Kong offices. A few official distributors of the company’s commercial drones in the US are Drone Nerds, Aerial Influence, AgrowDrone, Empire Drone Company, and Scorpion Drones.

 

 

The Real-Time Location Systems (RTLS) market has emerged as a transformative technology across industries, enabling businesses to track assets, personnel, and inventory in real-time. With the increasing adoption of IoT (Internet of Things) and automation, the RTLS market size has witnessed remarkable growth.

Real-Time Location Systems (RTLS) are used to identify, track, and manage the location of objects or people in real-time. RTLS technology leverages various systems such as GPS, RFID, Wi-Fi, Bluetooth, and Ultra-Wideband (UWB) to provide accurate location data. It is widely used in industries like healthcare, manufacturing, retail, logistics, and transportation to enhance operational efficiency and reduce costs.

RTLS Market Size: Current Scenario

The global RTLS market size is projected to grow from USD 6.03 billion in 2024 to USD 15.79 billion by 2029, growing at a CAGR of 21.2% during the forecast period from 2024 to 2029. An RTLS is a system that comprises hardware and software to track or locate the real-time location of personnel or assets in a facility. RTLS solutions are integrated with several technologies, such as RFID, Wi-Fi, UWB, GPS, BLE, and infrared (IR), to ensure real-time tracking of assets or personnel. 

Key Drivers of RTLS Market Growth

  1. Rising Adoption in Healthcare:
    • RTLS is widely used in healthcare for tracking medical equipment, patients, and staff. The need for efficient hospital operations and patient care has significantly contributed to the RTLS market size.
  2. Growth in Manufacturing and Logistics:
    • Industries like manufacturing and logistics rely on RTLS for inventory management, asset tracking, and workflow optimization. The rise of Industry 4.0 has further accelerated RTLS adoption.
  3. Advancements in IoT and Automation:
    • The integration of RTLS with IoT and automation technologies has enhanced its capabilities, making it a critical component of smart factories and warehouses.
  4. Increased Demand for Supply Chain Visibility:
    • Businesses are increasingly adopting RTLS to gain real-time visibility into their supply chains, improving efficiency and reducing operational costs.
  5. Emergence of 5G Technology:
    • The rollout of 5G networks has enabled faster and more reliable data transmission, boosting the adoption of RTLS solutions.

 

RTLS Market Segmentation

The RTLS market size can be segmented based on technology, application, end-user industry, and region.

  1. By Technology:
    • RFID
    • Wi-Fi
    • Bluetooth
    • Ultra-Wideband (UWB)
    • GPS
    • Others
  2. By Application:
    • Asset Tracking
    • Personnel Tracking
    • Inventory Management
    • Workflow Optimization
    • Others
  3. By End-User Industry:
    • Healthcare
    • Manufacturing
    • Retail
    • Logistics and Transportation
    • Government and Defense
    • Others
  4. By Region:
    • North America
    • Europe
    • Asia-Pacific
    • Latin America
    • Middle East & Africa

Regional Analysis of RTLS Market Size

  1. North America:
    • North America dominates the RTLS market size, accounting for the largest share due to early adoption of advanced technologies and the presence of key market players.
  2. Europe:
    • Europe is a significant contributor to the RTLS market, driven by the growing demand for automation and smart manufacturing.
  3. Asia-Pacific:
    • The Asia-Pacific region is expected to witness the highest growth rate during the forecast period, fueled by rapid industrialization and increasing investments in IoT and automation.
  4. Latin America and Middle East & Africa:
    • These regions are gradually adopting RTLS solutions, with growth driven by expanding healthcare and logistics sectors.

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Trends Shaping the RTLS Market

  1. Integration with AI and Machine Learning:
    • The integration of RTLS with AI and machine learning is enabling predictive analytics and smarter decision-making.
  2. Adoption of Ultra-Wideband (UWB) Technology:
    • UWB is gaining traction due to its high accuracy and reliability in indoor positioning systems.
  3. Focus on Energy Efficiency:
    • Manufacturers are developing energy-efficient RTLS solutions to reduce operational costs and environmental impact.
  4. Rise of Hybrid RTLS Solutions:
    • Hybrid RTLS solutions, combining multiple technologies, are becoming popular for their versatility and enhanced performance.

Challenges in the RTLS Market

Despite its growth, the RTLS market size faces certain challenges, including:

  1. High Initial Costs:
    • The deployment of RTLS solutions can be expensive, particularly for small and medium-sized enterprises.
  2. Data Privacy Concerns:
    • The use of RTLS for personnel tracking raises concerns about data privacy and security.
  3. Interoperability Issues:
    • Integrating RTLS with existing systems can be complex, requiring significant technical expertise.

 

The RTLS market size is on a robust growth trajectory, fueled by technological advancements and increasing demand across industries. As businesses continue to prioritize efficiency and visibility, RTLS solutions will become indispensable tools for asset tracking, workforce management, and supply chain optimization. With a projected CAGR of 20% to 25%, the RTLS market is set to revolutionize the way industries operate in the coming years.

The supply chain industry is undergoing a significant transformation, thanks to the advent of Artificial Intelligence (AI). From optimizing logistics to enhancing demand forecasting, AI is revolutionizing how businesses manage their supply chains. In this article, we will explore the various ways AI is being utilized in the supply chain industry, its benefits, and what the future holds for this technology.

Artificial Intelligence (AI) refers to the simulation of human intelligence in machines that are programmed to think and learn like humans. In the context of the supply chain, AI can be used to analyze vast amounts of data, predict trends, and automate processes, thereby improving efficiency and reducing costs.

The supply chain industry is inherently complex, involving multiple stakeholders, including suppliers, manufacturers, distributors, and retailers. Managing this complexity requires real-time data analysis, quick decision-making, and the ability to adapt to changing market conditions. AI offers solutions to these challenges by providing tools that can process large datasets, identify patterns, and make predictions with a high degree of accuracy.

The AI in supply chain industry is projected to reach USD 40.53 billion by 2030, from USD 9.15 billion in 2024, at a CAGR of 28.2%. The growing demand for AI solutions for supply chain risk management is one of the key factors driving the AI in supply chain industry. Organizations worldwide face difficulties in supplying or procuring raw materials, components, and products due to supply chain disruptions. Here, AI-based supply chain solutions play a critical role by providing real-time data, which allows predictive analysis and helps organizations foresee and mitigate potential disruptions.

Benefits of AI in Supply Chain

  1. Enhanced Demand Forecasting
    One of the most significant advantages of AI in the supply chain is its ability to improve demand forecasting. Traditional forecasting methods often rely on historical data and manual analysis, which can be time-consuming and prone to errors. AI, on the other hand, can analyze vast amounts of data from various sources, including social media, weather patterns, and market trends, to predict future demand more accurately.

For example, AI algorithms can analyze social media trends to predict a sudden surge in demand for a particular product. This allows businesses to adjust their inventory levels accordingly, reducing the risk of stockouts or overstocking.

  1. Optimized Inventory Management
    AI can also help businesses optimize their inventory management by predicting the optimal stock levels for each product. By analyzing historical sales data, current market trends, and other relevant factors, AI can recommend the right amount of inventory to keep on hand, reducing carrying costs and minimizing the risk of stockouts.

Moreover, AI-powered inventory management systems can automatically reorder products when stock levels fall below a certain threshold, ensuring that businesses never run out of essential items.

  1. Improved Supplier Relationship Management
    AI can also play a crucial role in managing supplier relationships. By analyzing data from various sources, including supplier performance metrics, market trends, and geopolitical factors, AI can help businesses identify the best suppliers and negotiate better terms.

Additionally, AI can monitor supplier performance in real-time, alerting businesses to any potential issues before they escalate. This allows businesses to take proactive measures to mitigate risks and ensure a smooth supply chain.

  1. Enhanced Logistics and Transportation
    Logistics and transportation are critical components of the supply chain, and AI can significantly improve their efficiency. AI-powered route optimization algorithms can analyze traffic patterns, weather conditions, and other factors to determine the most efficient routes for delivery trucks, reducing fuel consumption and delivery times.

Furthermore, AI can be used to optimize warehouse operations by automating tasks such as picking, packing, and sorting. This not only reduces labor costs but also improves accuracy and speed.

  1. Predictive Maintenance
    AI can also be used to predict when equipment is likely to fail, allowing businesses to perform maintenance before a breakdown occurs. This is particularly important in the supply chain industry, where equipment failures can lead to significant delays and increased costs.

By analyzing data from sensors and other sources, AI can identify patterns that indicate an impending failure. This allows businesses to schedule maintenance at a convenient time, reducing downtime and minimizing the risk of costly repairs.

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Applications of AI in Supply Chain

  1. Demand Planning and Forecasting
    AI-powered demand planning tools can analyze historical sales data, market trends, and other relevant factors to predict future demand with a high degree of accuracy. This allows businesses to adjust their production schedules, inventory levels, and marketing strategies accordingly.
  2. Inventory Optimization
    AI can help businesses optimize their inventory levels by analyzing historical sales data, current market trends, and other relevant factors. This reduces carrying costs and minimizes the risk of stockouts or overstocking.
  3. Supplier Selection and Management
    AI can analyze data from various sources to identify the best suppliers and negotiate better terms. Additionally, AI can monitor supplier performance in real-time, alerting businesses to any potential issues before they escalate.
  4. Route Optimization
    AI-powered route optimization algorithms can analyze traffic patterns, weather conditions, and other factors to determine the most efficient routes for delivery trucks. This reduces fuel consumption and delivery times, improving overall logistics efficiency.
  5. Warehouse Automation
    AI can be used to automate various tasks in the warehouse, such as picking, packing, and sorting. This reduces labor costs and improves accuracy and speed, leading to more efficient warehouse operations.
  6. Predictive Maintenance
    AI can predict when equipment is likely to fail, allowing businesses to perform maintenance before a breakdown occurs. This reduces downtime and minimizes the risk of costly repairs.

Future Trends in AI for Supply Chain

  1. Increased Adoption of AI-Powered Chatbots
    AI-powered chatbots are becoming increasingly popular in the supply chain industry. These chatbots can handle a wide range of tasks, from answering customer inquiries to providing real-time updates on order status. As AI technology continues to evolve, we can expect to see more advanced chatbots that can handle even more complex tasks.
  2. Integration with IoT Devices
    The Internet of Things (IoT) is another technology that is transforming the supply chain industry. By integrating AI with IoT devices, businesses can gain real-time insights into their supply chain operations. For example, IoT sensors can monitor the condition of goods in transit, while AI algorithms can analyze this data to identify potential issues before they escalate.
  3. Greater Use of Blockchain Technology
    Blockchain technology is increasingly being used in the supply chain industry to improve transparency and traceability. By integrating AI with blockchain, businesses can gain even greater insights into their supply chain operations. For example, AI can analyze blockchain data to identify patterns and trends that can help businesses make more informed decisions.
  4. Advanced Predictive Analytics
    As AI technology continues to evolve, we can expect to see more advanced predictive analytics tools that can provide even more accurate forecasts. These tools will be able to analyze a wider range of data sources, including social media, weather patterns, and geopolitical factors, to provide more accurate predictions.
  5. Increased Automation
    Automation is already playing a significant role in the supply chain industry, and this trend is expected to continue. As AI technology continues to evolve, we can expect to see even more advanced automation tools that can handle a wider range of tasks, from inventory management to order fulfillment.

AI is revolutionizing the supply chain industry by providing tools that can analyze vast amounts of data, predict trends, and automate processes. From enhancing demand forecasting to optimizing inventory management, AI offers a wide range of benefits that can help businesses improve efficiency, reduce costs, and stay competitive in an increasingly complex market.

As AI technology continues to evolve, we can expect to see even more advanced tools and applications that will further transform the supply chain industry. Businesses that embrace AI today will be well-positioned to take advantage of these advancements and stay ahead of the competition.

In conclusion, AI is not just a buzzword; it is a powerful tool that is reshaping the supply chain industry. By leveraging AI, businesses can gain a competitive edge, improve operational efficiency, and deliver better value to their customers. The future of the supply chain industry is here, and it is powered by AI.

 

The global AI infrastructure market is expected to be valued at USD 135.81 billion in 2024 and is projected to reach USD 394.46 billion by 2030 and grow at a CAGR of 19.4% from 2024 to 2030.  NVIDIA Corporation (US), Advanced Micro Devices, Inc. (US), SK HYNIX INC. (South Korea), SAMSUNG (South Korea), Micron Technology, Inc. (US) are the major players in the AI infrastructure market. Market participants have become more varied with their offerings, expanding their global reach through strategic growth approaches like launching new products, collaborations, establishing alliances, and forging partnerships.

For instance, in April 2024, SK HYNIX announced an investment in Indiana to build an advanced packaging facility for next-generation high-bandwidth memory. The company also collaborated with Purdue University (US) to build an R&D facility for AI products.


In March 2024, NVIDIA Corporation introduced the NVIDIA Blackwell platform to enable organizations to build and run real-time generative AI featuring 6 transformative technologies for accelerated computing. It enables AI training and real-time LLM inference for models up to 10 trillion parameters.


Major AI Infrastructure companies include:

  • NVIDIA Corporation (US)
  • Advanced Micro Devices, Inc. (US)
  • SK HYNIX INC. (South Korea)
  • SAMSUNG (South Korea)
  • Micron Technology, Inc. (US)
  • Intel Corporation (US)
  • Google (US)
  • Amazon Web Services, Inc. (US)
  • Tesla (US)
  • Microsoft (US)
  • Meta (US)
  • Graphcore (UK)
  • Groq, Inc. (US)
  • Shanghai BiRen Technology Co., Ltd. (China)
  • Cerebras (US)

 

NVIDIA Corporation.:

NVIDIA Corporation (US) is a multinational technology company that specializes in designing and manufacturing Graphics Processing Units (GPUs) and System-on-Chips (SoCs) , as well as artificial intelligence (AI) infrastructure products. The company has revolutionized the Gaming, Data Center markets, AI and Professional Visualization through its cutting-edge GPU Technology. Its deep learning and AI platforms are recognized as the key enablers of AI computing and ML applications. NVIDIA is positioned as a leader in the AI infrastructure, providing a comprehensive stack of hardware, software, and services. It undertakes business through two reportable segments: Compute & Networking and Graphics. The scope of the Graphics segment includes GeForce GPUs for gamers, game streaming services, NVIDIA RTX/Quadro for enterprise workstation graphics, virtual GPU for computing, automotive, and 3D internet applications. The Compute & Networking segment includes computing platforms for data centers, automotive AI and solutions, networking, NVIDIA AI Enterprise software, and DGX Cloud. The computing platform integrates an entire computer onto a single chip. It incorporates multi-core CPUs and GPUs to drive supercomputing for drones, autonomous robots, consoles, cars, and entertainment and mobile gaming devices.


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Advanced Micro Devices, Inc.:


Advanced Micro Devices, Inc. (US) is a provider of semiconductor solutions that designs and integrates technology for graphics and computing. The company offers many products, including accelerated processing units, processors, graphics, and system-on-chips. It operates through four reportable segments: Data Center, Gaming, Client, and Embedded. The portfolio of the Data Center segment includes server CPUs, FPGAS, DPUs, GPUs, and Adaptive SoC products for data centers. The company offers AI infrastructure under the Data Center segment. The Client segment comprises chipsets, CPUs, and APUs for desktop and notebook personal computers. The Gaming segment focuses on discrete GPUs, semi-custom SoC products, and development services for entertainment platforms and computing devices. Under the Embedded segment are embedded FPGAs, GPUs, CPUs, APUs, and Adaptive SoC products. Advanced Micro Devices, Inc. (US) supports a wide range of applications including automotive, defense, industrial, networking, data center and computing, consumer electronics, networking

The interactive display market has witnessed significant growth in recent years, driven by advancements in technology and increasing demand across various sectors. From education to corporate environments, interactive displays are revolutionizing the way we communicate, collaborate, and learn. This article delves into the interactive display market share, key trends, growth drivers, and future outlook.

An interactive display is a touch-sensitive screen that allows users to interact with digital content using gestures, styluses, or touch. These displays are widely used in smart classrooms, boardrooms, retail spaces, and healthcare facilities. Their ability to enhance engagement and productivity has made them a popular choice across industries.

Interactive Display Market Share: Key Insights

The global interactive display market size is projected to grow from USD 12.5 billion in 2024 to USD 16.9 billion by 2029; growing at a CAGR of 6.3% during the forecast period from 2024 to 2029.

  1. By Technology:
    • LCD-based interactive displays hold the largest market share due to their affordability and widespread availability.
    • OLED and LED displays are gaining traction, especially in high-end applications.
  2. By Application:
    • The education sector accounts for the largest interactive display market share, driven by the adoption of smart classrooms and e-learning solutions.
    • The corporate sector is also a significant contributor, with interactive displays being used for presentations, collaboration, and video conferencing.
  3. By Region:
    • North America leads the global market, thanks to early adoption and high investments in technology.
    • Asia-Pacific is expected to witness the fastest growth, fueled by increasing digitalization and government initiatives in education.

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Growth Drivers of the Interactive Display Market

Several factors are contributing to the rising interactive display market share:

  1. Rising Demand for Smart Classrooms:
    The shift towards digital learning has accelerated the adoption of interactive displays in schools and universities.
  2. Increased Corporate Adoption:
    Businesses are leveraging interactive displays for seamless collaboration and communication.
  3. Technological Advancements:
    Innovations such as 4K resolution, multi-touch capabilities, and AI integration are enhancing the functionality of interactive displays.
  4. Growing Popularity of Interactive Kiosks:
    Retail and hospitality sectors are increasingly using interactive kiosks to improve customer engagement.
Challenges in the Interactive Display Market

Despite its growth, the market faces challenges such as high costs, technical complexities, and limited awareness in developing regions. However, ongoing R&D and declining prices are expected to mitigate these challenges over time.

The interactive display market share is poised for robust growth in the coming years. Emerging technologies like augmented reality (AR) and virtual reality (VR) are expected to further enhance the capabilities of interactive displays. Additionally, the increasing focus on hybrid work models and smart city initiatives will drive demand across various sectors.

The interactive display market is a dynamic and rapidly evolving industry with immense potential. As technology continues to advance, the market share of interactive displays is expected to grow, offering new opportunities for businesses and consumers alike. Stay ahead of the curve by understanding the latest trends and insights in this transformative market.

 

The global hydrogen valve market exhibited a value of USD 331 million in 2024 and is anticipated to reach USD 507 million by 2030 while growing at a CAGR of 7.4% during the forecast period. Increased adoption rate of hydrogen as a clean source of energy and governing regulations and policies promote hydrogen production and consumption that would drive global adoption of hydrogen valves, which are essential in the supply chain of hydrogen safely and efficiently.

Emerson Electric Co. (US), IMI (UK), SLB (US), Crane Company (US), Valmet (Finland), PARKER HANNIFIN CORP (US), Baker Hughes Company (US), Westport Fuel Systems Inc. (Canada), KITZ Corporation (US), Swagelok Company (US), Velan Inc. (Canada), Kevin Steel (Taiwan), High Pressure Equipment Company (US), GSR Ventiltechnik GmbH & Co. KG (Germany), Jaksa d.o.o. (Japan), Oliver Valves Ltd (UK), HABONIM (US), OMB SALERI S.P.A. SOCIETÀ BENEFIT (Italy), CAM S.p.A. (Italy), ADAMS Armaturen GmbH (Germany), Hartmann Valves GmbH (Germany), Vexve Oy (Finland), Rotarex (Luxembourg), GEFA Processtecchnik GmbH (Germany), and Maximator GmbH (US) are some of the key players in the hydrogen valve market market.

Major Hydrogen Valve companiesinclude:

  • Emerson Electric Co. (US)
  • IMI (UK), SLB (US)
  • Valmet (Finland)
  • Crane Company (US)
  • Westport Fuel Systems Inc. (Canada)
  • KITZ Corporation (US)
  • PARKER HANNIFIN CORP (US)
  • Baker Hughes Company (US)

Emerson Electric Co.

Emerson Electric Co. provides engineering and technology solutions for industrial, commercial, and residential clients. The business is operated through two  business segments: Intelligent Device and Software & Control. Intelligent Devices is further divided into four subdivisions: Final Control; Measurement & Analytical; Discrete Automation; and Safety & Productivity. Software and Controls have further 3 divisions: Control System & Software, AspenTech, and Test & Measurement.

The company provides Hydrogen Valves via its Intelligent Devices business group. The product offerings in the Intelligent Device Group include control valves, isolation valves, shutoff valves, pressure relief valves, pressure safety valves, solenoid valves, pneumatic valves, and valve position indicators. The company offers

different types of Hydrogen Valves, such as ball valve and check valve for several applications in industries like automotive, chemicals, food & beverages, oil & gas, power generation, pulp & paper, and water & wastewater treatment. Its brands such as Appleton, ASCO, Fisher, Micro Motion, and TESCOM provides products including valves especially designed for difficult hydrogen fuel applications.

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SLB

SLB (Schlumberger Limited), SLB is among the global leaders in oilfield services and offers the range of hydrogen valves as part of its comprehensive portfolio. These valves play a critical role in regulating fluid flow and pressure and offers several operations in oil and gas, developing efficient and safe production processes.

 SLB operates in four business segments: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems. It offers hydrogen valves under production systems segment. The Production system segment consists of critical pressure and flow control technologies for drilling and intervention rigs, oil and gas wells, and production facilities. OneSubsea, Surface Systems, Drilling Systems, and Valves & Measurement are the product lines under this segment. The Valves & Measurement product line serves portions of the upstream, midstream, and downstream markets and provides valve products and measurement systems that are primarily used to control, direct, and measure the flow of oil and gas as they are moved from wellheads.

through flow lines, gathering lines and transmission systems to refineries, petrochemical plants, and industrial

centers. Valve brands associated with SLB include Cameron, Demco, Entech, General Valve, Grove, Navco, Newco & Douglas Chero, Nutron, Orbit, Ring-O, TBV, Texsteam, Thornhill Craver, TK, Tom Wheatley, Wheatley, WKM, AOP, Ledeen, Dynatorque, and Maxtorque.

Crane Company

Crane Company is a diversified manufacturer and provider engineered industrial products through three segments: Aerospace & Electronics, Process Flow Technologies, and Engineered Materials. The company serves primary markets such as pulp, board and paper, tissue, energy, biofuels, chemical, construction, gas processing, and a wide range of general industrial and certain consumer-related end markets.

It offers hydrogen valves under its process flow technologies segment. Its process flow technologies segment provides industrial fluid control products and systems, including valves, pumps, lined pipes, and control tools, etc., to meet the requirements of many industries, such as chemicals, oil & gas, non-residential construction, municipal infrastructure, general industrial, and power.

 

 

The global hydrogen valve market exhibited a value of USD 331 million in 2024 and is anticipated to reach USD 507 million by 2030 while growing at a CAGR of 7.4% during the forecast period. Increased adoption rate of hydrogen as a clean source of energy and governing regulations and policies promote hydrogen production and consumption that would drive global adoption of hydrogen valves, which are essential in the supply chain of hydrogen safely and efficiently.

Emerson Electric Co. (US), IMI (UK), SLB (US), Crane Company (US), Valmet (Finland), PARKER HANNIFIN CORP (US), Baker Hughes Company (US), Westport Fuel Systems Inc. (Canada), KITZ Corporation (US), Swagelok Company (US), Velan Inc. (Canada), Kevin Steel (Taiwan), High Pressure Equipment Company (US), GSR Ventiltechnik GmbH & Co. KG (Germany), Jaksa d.o.o. (Japan), Oliver Valves Ltd (UK), HABONIM (US), OMB SALERI S.P.A. SOCIETÀ BENEFIT (Italy), CAM S.p.A. (Italy), ADAMS Armaturen GmbH (Germany), Hartmann Valves GmbH (Germany), Vexve Oy (Finland), Rotarex (Luxembourg), GEFA Processtecchnik GmbH (Germany), and Maximator GmbH (US) are some of the key players in the hydrogen valve market market.

Major Hydrogen Valve companiesinclude:

  • Emerson Electric Co. (US)
  • IMI (UK), SLB (US)
  • Valmet (Finland)
  • Crane Company (US)
  • Westport Fuel Systems Inc. (Canada)
  • KITZ Corporation (US)
  • PARKER HANNIFIN CORP (US)
  • Baker Hughes Company (US)

Emerson Electric Co.

Emerson Electric Co. provides engineering and technology solutions for industrial, commercial, and residential clients. The business is operated through two  business segments: Intelligent Device and Software & Control. Intelligent Devices is further divided into four subdivisions: Final Control; Measurement & Analytical; Discrete Automation; and Safety & Productivity. Software and Controls have further 3 divisions: Control System & Software, AspenTech, and Test & Measurement.

The company provides Hydrogen Valves via its Intelligent Devices business group. The product offerings in the Intelligent Device Group include control valves, isolation valves, shutoff valves, pressure relief valves, pressure safety valves, solenoid valves, pneumatic valves, and valve position indicators. The company offers

different types of Hydrogen Valves, such as ball valve and check valve for several applications in industries like automotive, chemicals, food & beverages, oil & gas, power generation, pulp & paper, and water & wastewater treatment. Its brands such as Appleton, ASCO, Fisher, Micro Motion, and TESCOM provides products including valves especially designed for difficult hydrogen fuel applications.

Download PDF Brochure @https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=27538308

SLB

SLB (Schlumberger Limited), SLB is among the global leaders in oilfield services and offers the range of hydrogen valves as part of its comprehensive portfolio. These valves play a critical role in regulating fluid flow and pressure and offers several operations in oil and gas, developing efficient and safe production processes.

 SLB operates in four business segments: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems. It offers hydrogen valves under production systems segment. The Production system segment consists of critical pressure and flow control technologies for drilling and intervention rigs, oil and gas wells, and production facilities. OneSubsea, Surface Systems, Drilling Systems, and Valves & Measurement are the product lines under this segment. The Valves & Measurement product line serves portions of the upstream, midstream, and downstream markets and provides valve products and measurement systems that are primarily used to control, direct, and measure the flow of oil and gas as they are moved from wellheads.

through flow lines, gathering lines and transmission systems to refineries, petrochemical plants, and industrial

centers. Valve brands associated with SLB include Cameron, Demco, Entech, General Valve, Grove, Navco, Newco & Douglas Chero, Nutron, Orbit, Ring-O, TBV, Texsteam, Thornhill Craver, TK, Tom Wheatley, Wheatley, WKM, AOP, Ledeen, Dynatorque, and Maxtorque.

Crane Company

Crane Company is a diversified manufacturer and provider engineered industrial products through three segments: Aerospace & Electronics, Process Flow Technologies, and Engineered Materials. The company serves primary markets such as pulp, board and paper, tissue, energy, biofuels, chemical, construction, gas processing, and a wide range of general industrial and certain consumer-related end markets.

It offers hydrogen valves under its process flow technologies segment. Its process flow technologies segment provides industrial fluid control products and systems, including valves, pumps, lined pipes, and control tools, etc., to meet the requirements of many industries, such as chemicals, oil & gas, non-residential construction, municipal infrastructure, general industrial, and power.

 

 

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