Procurement Intelligence Study Report

Managed Security Services Category Overview The global managed security services category is anticipated to grow at a CAGR of 15.4% from 2023 to 2030. It is witnessing growth owing to the factors such as rising adoption of services offered in the category due to increase in security breaches, stricter government laws pertaining to data security, rise in complex cyberattacks, growing requirement for economical & reliable platform to monitor security incidents, and rising need for security intelligence & early threat detection tools. However, restricted capacity to offer services for incident response and thread hunting, and insufficient technical know-how and skilled manpower may hinder the growth of global category. In addition, these services can be very helpful to the enterprises that need specialized security deployments because of their very large or complicated architecture or because they have particular implementation requirements involving several systems. Order your ...

The global industrial gases category is anticipated to grow at a CAGR of 7.42% from 2023 to 2030. The growth is driven by rapid industrialization, rising manufacturing sector (wherein industrial gas is commonly used in metal fabrication and welding) in developing economies, and utilization of industry products in several sectors such as healthcare, food & beverage, metals, mining, and manufacturing. Products offered in the industry are also utilized in the photovoltaic sector for the production of flat panels, solar displays, semiconductors, and other products. Growing acceptance and popularity of electronic gadgets across the globe is fueling the demand in this category. Various nations are witnessing an increase in the usage of green industrial gases due to rising environmental awareness and the ensuing need for clean energy. Typically, nitrogen, carbon dioxide, hydrogen, and oxygen are the most frequently used gases in various sectors, which are delivered in both gaseous as ...

Iron Ore Category Overview The global iron ore category is anticipated to grow at a CAGR of 3.89% from 2023 to 2030. Growth of the category can be attributed to increased demand from manufacturing, automotive, energy and construction sectors due to increasing urbanization, and robust economic growth in emerging markets. Iron ores extracted from mines are turned into pigments that are used to produce steel, which has wide range of end-use applications. Rising production of steel in developing economies, particularly in those of Asia Pacific, such as India, China, and Vietnam, is a crucial factor fuelling the demand for pellets, thus, supporting the growth for global category. However, factors such as stringent guidelines laid by the governments across the globe over mining operations and shortage of workforce may hinder the growth of global category. Technologies that drive the global category include automation, digital twins, IoT (internet of things), automated drilling, 3D imag...

Injection Molding Services Category Overview The injection molding services category is anticipated to grow at a CAGR of 4.8% from 2023 to 2030. The trends such as on-demand injection molding, adoption of automation, and focus on sustainability are driving the demand for the category. Rising awareness about pollution created by waste has increased the focus on sustainability within the industry. According to the Journal of Clean Production 2023 report, the category accounts for 90% of the Global Warming Potential (GWP) created by the complete molding lifecycle, majorly because of energy consumption. As a result, companies are focusing on incorporating plastics such as PLA, or bio-PET materials that are biodegradable or can be recycled. Additionally, to provide energy savings, there is an increase in the adoption of all-electric injection molding machines over the traditional hydraulic-based machines. The industry has been already automated. However, injection molding facilities can s...

Electric coolant pumps are gaining significant traction in the automotive industry due to the increasing demand for electric vehicles (EVs) and the need for enhanced thermal management systems. To delve deeper into this emerging trend, Grand View Research has published the Electric Coolant Pumps Procurement Intelligence Report for the period 2023-2030. This report provides valuable insights into the growth potential, supplier landscape, pricing models, emerging technologies, and cost structure associated with electric coolant pumps. Key Findings: According to the report, the global electric coolant pumps category is projected to grow at a CAGR of 16.5% from 2023 to 2030. The surge in EV sales, stringent government regulations, and the advantages of electric pumps over mechanical pumps are driving this growth. The report also highlights the dominance of the Asia Pacific region in the category, followed by North America and Europe. Order your copy of the Electric coolant pumps catego...