A light commercial vehicle often known as an "LCV" is any passenger automobile or goods truck with a gross vehicle weight of more than 7,500 kilograms and includes tractors, trailers and others. The main types in the light commercial market are passenger vans, cargo vans, pickup trucks, light trucks, minibusses, and other types. Trucks carrying the highest gross vehicle weight of 3.5 metric tonnes and above 15 metric tonnes could be classified as light commercial vehicles (LCVs). The various fuel types are electric, diesel, and gasoline. The various tonnage capacities include less than 2.5 tons, 2.5 to 3.5 tons, and more than 3.5 tons. The light commercial market research report is one of a series of new reports from The Business Research Company that provides light commercial market statistics, including light commercial industry global market size, regional shares, competitors with a light commercial market share, detailed light commercial market segments, market trends and opportunities, and any further data you may need to thrive in the light commercial industry. This light commercial market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global light commercial vehicle market size will grow from $568.17 billion in 2022 to $639.87 billion in 2023 at a compound annual growth rate (CAGR) of 12.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global light commercial vehicle market size is expected to grow to $1,001.35 billion in 2027 at a CAGR of 11.8%. The increase in online shopping is expected to drive the light commercial vehicle market. As urbanisation has increased, it has created new retail and e-commerce platforms that require efficient logistics, which could be fulfilled by light commercial vehicles (LCV). Moreover, the current pandemic situation has impacted online shopping owing to health concerns. According to Adobe Analytics, consumers in the USA spent $2.2 billion on November 2nd, 2020, a 31% increase in year-over-year growth, and another $2.0 billion on November 3rd, 2020, which was a 27% year-over-year increase. Thus, increased demand for goods through e-commerce is pushing the use of LCVs in logistics, paving the way for the growth of the light commercial vehicle market. The stringent emission norms imposed by the government-related CO2 emissions are expected to be a major challenge for the light commercial vehicle market. In the European Union (EU), LCV CO2 emission targets were set at 175g/km. The EU imposed stricter CO2 emission standards on passenger cars and LCVs, which came into force in January 2020. According to the new regulation standards (Regulation (EU) No 2019/631), the average CO2 emission target is 147 grammes of CO2 per kilometer. The new regulations focus on reducing average CO2 emissions by 31% for LCVs by 2030 as compared to 2021. The commission will impose an excess emission premium on the manufacturer of $112.15 (€95) for each g/km that is exceeded for all registered LCV if the manufacturer exceeds a specific emissions target. The strict CO2 emission regulations impact manufacturing expenditure and limit the growth of the light commercial vehicle market. Skateboard architecture is increasingly being preferred by manufacturers for high efficiency and productivity in light commercial vehicles and is turning out to be a trend in the light commercial vehicle market. The skateboard architecture refers to an actual physical platform, which forms the floor of the vehicle and incorporates the battery. For instance, in February 2020, Hyundai partnered with Canoo, a Los Angeles-based company creating EVs, to jointly develop an electric vehicle (EV) platform. Hyundai and Kia’s scalable skateboard architecture will provide a simplified and standardised development process for their electrified vehicles, and this will help reduce costs. Major players in the light commercial market are Daimler, Ford, Renault, Volkswagen, Ashok Leyland, Tata Motors, SML Isuzu Limited, Toyota Motor, Groupe PSA, and Nissan. North America was the largest region in the light commercial vehicles market in 2022. Asia-Pacific was the second-largest region in the global light commercial vehicle market. The regions covered in the global light commercial vehicle market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, Africa. The countries in the light commercial market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, USA. The light commercial vehicle market consists of sales of cars and vans. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global light commercial vehicle market is segmented - 1) By Vehicle Type: Passenger Van, Cargo Van, Pickup Trucks, Light Trucks, Mini Buses, Other Vehicle Types 2) By Fuel: Electric, Diesel, Gasoline 3) By Tonnage Capacity Type: Less Than 2.5 Tons, 2.5 To 3.5 Tons, More Than 3.5 Tons

Light towers are mobile equipment consisting of high-intensity electric lamps and masts, along with a trailer attached to it with a generator setup at the back to power the bulbs when insufficient artificial or natural light is present. In light towers, power is usually generated from diesel, solar energy, batteries, or hybrid methods to illuminate bulbs. Light towers are used in construction, infrastructure development, the oil and gas industry, mining, the military and defense, as well as in emergency and disaster relief. The main types of light towers are stationary and mobile. Stationary light towers are fixed or mounted towers on a particular base, horizontally or vertically, with high electric lamps with various sizes of masts and are ideal for fixed position use. These light towers have different types of lighting, such as metal halide, LED, and electricity. Light towers can be of either manual lighting technology or hydralic lighting technology. Light towers are of various fuel types, including solar/hybrid, diesel, and direct power. Light towers are used by end users, such as oil and gas, mining, construction, and events and sports. The light towers research report is one of a series of new reports from The Business Research Company that provides light tower statistics, including light towers industry global market size, regional shares, competitors with light towers share, detailed light towers segments, market trends and opportunities, and any further data you may need to thrive in the light towers industry. This light towers research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global light towers market size grew from $3.25 billion in 2022 to $3.5 billion in 2023 at a compound annual growth rate (CAGR) of 7.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The light towers market size is expected to grow to $4.59 billion in 2027 at a CAGR of 7.0%. Increased infrastructure activities are significantly contributing to the growth of the light tower market. Light towers are usually used on mining sites, accident sites, construction sites, rescue solutions, and others. Light towers are very useful equipment on infrastructure construction sites such as railways, highways, or roadways, sewers, power lines, and other infrastructure projects during night operations in remote places where insufficient light is present and good illumination is required. Light towers on construction sites increase the safety of workers and productivity. For instance, in 2020, according to the CDP-ICLEI Unified Reporting System, approximately 304 infrastructure projects are under way across 97 cities in the United States. These projects include transportation, energy-efficient buildings, retrofit projects, and others. Therefore, the increasing infrastructure activities drive the growth of the light tower market. New product development is the key trend being followed by the companies operating in the light tower market. This is due to the presence of a large number of light tower manufacturing companies as well as their extending their growth in new areas to be a leader in the market. For instance, in 2021, Generac Power Systems, Inc., an American-based backup power generation products manufacturing company, developed a product named Generac’s V20 PRO tower, which is an all-in-one mobile lighting tower that can be operated with different fuelling systems such as diesel, battery, hybrid, external power, and solar energy in a single machine. Generac’s V20 PRO tower comes with a variety of external sources for charging the battery packs, including a solar panel kit, a generator, and a mains power supply. In September 2021, Trime S.R.L., an Italy-based light tower manufacturing company, partnered with Tecnogen Spa, an Italy-based multinational generator manufacturing company, and acquired FTG Equipment Solutions for an undisclosed amount. Through this acquisition, Trime S.R.L. aims to target the American light equipment industry, increase production through a distribution strategy, and strengthen its product portfolio of light towers for various infrastructure projects. FTG Equipment Solutions is an American-based distribution company for generators and light towers. Major players in the light tower market are Generac Mobile Products, Terex Corporation, Doosan Portable Power, Wacker Neuson SE, Atlas Copco (India) Ltd., United Rentals Inc., The Will-Burt Company, Aska Equipments Limited, Larson Electronic LLC, Olikara Lighting Towers Pvt Ltd., Allmand Bros. Inc., Xylem, Chicago Pneumatic, J.C. Bamford Excavators Ltd., Colorado Standby, Youngman Richardson, WANCO INC., and Multiquip Inc. North America and Asia-Pacific were the largest regions in the light tower market in 2022. During the forecast period, Asia-Pacific is expected to be the fastest-growing region. The regions covered in the light towers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the light towers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The light tower market consists of sales of audibles, ballasts, beacon accessories, beacons , flashlights and work lights. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global light towers market is segmented - 1) By Product: Stationary, Mobile 2) By Fuel Type: Solar/Hybrid, Diesel, Direct Power 3) By Technology: Manual lifting, Hydraulic lifting 4) By Lighting: Metal Halide, LED, Electric 5) By End User: Oil & Gas, Mining, Construction, Events & Sports

The light control switches are used to turn the lights ON and OFF. The primary use of light control switches is to reduce energy costs, improve sustainability and provide flexibility to meet user visual needs. Users can control and manage their light control switches and devices using hardware and software technologies. The main types of light control switches are switches and dimmers. The dimmer light control switches are used for controlling the brightness of connected light fixtures. Light dimmers change the voltage waveform applied to the lamp in order to increase or decrease the intensity of the light output. The different switch solutions include standalone switch solutions and integrated switch solutions. The various light sources are incandescent, fluorescent, high-intensity discharge, light-emitting diode, and compact fluorescent lamp (CFL) which are used in numerous applications such as residential, commercial, industrial, highways & roadways lighting, architectural lighting, and lighting for public places, others. The light control switches market research report is one of a series of new reports from The Business Research Company that provides light control switches market statistics, including light control switches industry global market size, regional shares, competitors with a light control switches market share, detailed light control switches market segments, market trends and opportunities, and any further data you may need to thrive in the light control switches industry. This light control switches market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global light control switches market size grew from $6.43 billion in 2022 to $7.24 billion in 2023 at a compound annual growth rate (CAGR) of 12.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The light control switches market size is expected to grow to $10.59 billion in 2027 at a CAGR of 10.0%. Increasing usage of LEDs and other lamps is expected to propel the growth of the light control switches market going forward. The light-emitting diode (LED) is the most energy-efficient and rapidly-developing lighting technology. Quality LED light bulbs to offer better light quality, last longer, and are more durable. The lighting control switches are added to LEDs and other lamps to aid in reducing electricity wastage while simultaneously encouraging energy efficiency. For instance, according to Warehouse-Lighting.com, a US-based manufacturer of lighting products, by 2030, the LEDs are expected to make up 87% of the source of lighting. Therefore, an increase in the usage of LEDs and other lamps will promote the growth of the light control switches market. Technological advancements have emerged as a key trend gaining popularity in the lighting control switches market. Major players in the market are adopting advanced technologies to launch efficient products in the market. For instance, in May 2021, Orro, a US-based company operating in smart living systems, introduced a new control switch with Alexa capability built into the unit. New Orro Switches are integrated with built-in Alexa’s ESP (Echo Spatial Perception) ensures that the switch closest to the person speaking responds and provides the smart light control, integrated control of other devices, and built-in voice control all from a single device and also provides checking the weather or news, setting timers and reminders. In March 2020, Signify N.V, a Netherlands-based company operating in light control switches acquired Cooper Lighting Solutions from Eaton for a deal amount of $1.4 billion. Signify expects to be able to promote innovation and advancement in connected lighting and systems as a result of the acquisition, resulting in considerable value for clients. Signify's position in the lucrative North American lighting industry would also be strengthened. Cooper Lighting Solutions is a US-based manufacturer of commercial lighting fixtures and systems, as well as lighting control switches. Major players in the lighting control switches market are Acuity Brands Inc., Honeywell International Inc., General Electric Company, Leviton Manufacturing Company Inc., Lutron Electronics, Panasonic Holdings Corporation, Schneider Electric SE, Signify N.V., Havells India Ltd., Hubbell Inc., Cooper Industries, Daintree Networks Inc., LightwaveRF PLC , Synapse Wireless Inc., and Rockwell Automation Inc. Asia-Pacific was the largest region in the lighting control switches market in 2022. The regions covered in the lighting control switches market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the lighting control switches market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The light control switches market consists of sales toggle switches, occupancy sensors, timer switches, dimmers, light sensors and hotel keycard switches. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global light control switches market is segmented - 1) By Product Type: Switches, Dimmer 2) By Switch Solution: Standalone Switch Solution, Integrated Switch Solution 3) By Light Source: Incandescent, Fluorescent, High-Intensity Discharge, Light Emitting Diode, Compact Fluorescent Lamp (CFL) 4) By Application: Residential, Commercial, Industrial, Highways And Roadways Lighting, Architectural Lighting, Lighting For Public Places, Other Applications

The light gauge steel framing refers to a steel-framed wall system manufactured from cold-rolled load bearing. They are used for wall systems, roof panels, floor systems, or entire buildings. The advantages of LGSF include lightweight, easy transportation, lower construction cost, and high strength and durability. The main types of light gauge steel framing skeleton, wall bearing, and long span. A bearing wall, also known as a load-bearing wall or structural wall, supports the house's weight from top to bottom. This wall helps distribute the weight of the building from the roof to the base, and its removal could cause it to collapse. The end-user of light gauge steel framing includes commercial, residential, and industrial. The light gauge steel framing market research report is one of a series of new reports from The Business Research Company that provides light gauge steel framing market statistics, including light gauge steel framing industry global market size, regional shares, competitors with a light gauge steel framing market share, detailed light gauge steel framing market segments, market trends and opportunities, and any further data you may need to thrive in the light gauge steel framing industry. This light gauge steel framing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global light gauge steel framing market size grew from $34.46 billion in 2022 to $36.45 billion in 2023 at a compound annual growth rate (CAGR) of 5.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The light gauge steel framing market size is expected to grow to $45.56 billion in 2027 at a CAGR of 5.7%. The rising construction activities are expected to drive the growth of the light gauge steel framing market. Cold-formed steel is widely used as the principal construction material in the light gauge steel frame for roofs, floors, walls, roof panels, decks, and the complete structures of buildings. The rapid growth in construction is expected to boost the utilization of light gauge steel framing, as these are an essential part of construction activities. For instance, according to the Office for National Statistics of the UK, in March 2022, in the UK, monthly construction output climbed by 1.7% in volume terms, marking the fifth consecutive month of growth and a monthly high in terms of value GBP 14,994 million ($18.88 billion) since monthly records began in January 2010. In March 2022, increases in both repair and maintenance (3.0%) and new work (1.0%) drove the monthly increase in construction output; at the sector level, private home repair and maintenance (5.8%) and private commercial new work (4.0%) were the biggest contributors to the monthly gain. Therefore, an increase in construction activities is expected to boost demand for light gauge steel framing during the forecast period. Technological innovation is a key trend gaining popularity in the light gauge steel framing market. Technological innovations in light gauge steel framing include the development of new products using the latest technology such as modular light gauge steel solutions, which offer additional features such as dimension flexibility, multiple design options, and others. Technological innovations enable companies to offer advanced products with additional benefits and increase their customer reach. For instance, in January 2022, CRATE Modular Inc., a US-based manufacturer of modular construction components launched a new light gauge steel solution, a cold-formed steel methodology. This new methodology is unique due to its flexibility in dimensions and offers additional design options. With the introduction of its new cold-formed steel process, CRATE attained additional ability to offer more innovative solutions to its customers. In August 2021, Etex, a Belgium-based building material manufacturer acquired Sigmat Limited for an undisclosed amount. This acquisition enhances Etex’s position and growth in the offsite construction market in the UK and Ireland. The acquisition also matches Etex’s goal to become a global leader in offsite construction. Sigmat Limited is a UK-based manufacturer of light gauge steel framing (LGSF). Major players in the light gauge steel framing market are Hadley Industries, Clarkwestern Dietrich Building Systems, Metek PLC., Intelligent Steel Solutions Ltd., FRAMECAD Ltd., Steel Frame Solutions, CEMCO-California Expanded Metal Products Inc., Craco Metal Supply Inc., Arkitech Advanced Construction Technologies, Quail Run Building Materials Inc., SCAFCO Steel Stud Company, Ware Industries Inc., The Steel Network Inc., ArcelorMittal, and Super Stud Building Products Inc., Asia-Pacific was the largest region in the light gauge steel framing market in 2022, and it is also expected to be the fastest-growing region in the forecast period. The regions covered in the light gauge steel framing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the light gauge steel framing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The light gauge steel framing market consists of sales of wall system, flooring system, light gauge steel coating, and accessories. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global light gauge steel framing market is segmented - 1) By Type: Skeleton, Wall Bearing, Long Span 2) By End-Use: Commercial, Residential, Industrial

The waterjet cutting machine refers to an industrial tool that is capable of cutting a wide variety of materials by using a very high-pressure jet of water. It is used to cut a range of materials and metals using a high-pressure water stream to generate the required cutting power. The water used in this process has been treated to remove abrasive substances and sand. This can be used to precisely cut very thick workpieces. The different types of waterjets cutting machines include 3D waterjet cutting machines, micro waterjet cutting machines, and robotics waterjet cutting machines. The 3D waterjet cutting machines waterjet cutting machine market consists of sales of 3D waterjet cutting machines by entities (organizations, sole traders, and partnerships) that are designed to cut advanced 3D shapes in different work planes. The 3D waterjet cutting machines are 5- and 6-axis waterjet systems designed to perform complex 3D operations. The main technologies of waterjet cutting machines include pure and abrasive and utilize different pumps for operations, which includes direct drive pumps, and hydraulic intensifier pumps. The waterjet cutting machines are used in Exotic metal and Non-Traditional Material Cutting, Ceramic/Stone Cutting, Glass/Metal Art, Gasket Cutting, and others. The end-user industries of waterjet cutting include electronics, metal fabrication, automotive, food processing, aerospace, textile, and others. The waterjet cutting machine market research report is one of a series of new reports from The Business Research Company that provides waterjet cutting machine market statistics, including waterjet cutting machine industry global market size, regional shares, competitors with a waterjet cutting machine market share, detailed waterjet cutting machine market segments, market trends and opportunities, and any further data you may need to thrive in the waterjet cutting machine industry. This waterjet cutting machine market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global waterjet cutting machine market size grew from $1.16 billion in 2022 to $1.28 billion in 2023 at a compound annual growth rate (CAGR) of 10.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The waterjet cutting machine market size is expected to grow to $1.99 billion in 2027 at a CAGR of 11.6%. Increasing demand for environment-friendly cutting processes and practices is significantly contributing to the growth of the waterjet cutting machine market. The stringent government policies towards the usage of chemical fluids in the manufacturing process and increasing companies toward sustainable business practices had led to a shift in industries’ interests towards adopting environmentally friendly cutting methods and practices in sectors such as automotive, mining, electronics, and construction, packaging, and textile. For instance, in 2022, the European Commission adopted a proposal for a regulation that would harmonize conditions for marketing construction products. This proposed regulation was part of a package of proposals that was aimed at making sustainable products the norm in the EU, boosting circular business models, and empowering consumers for the green transition. The use of cutting fluids in machining processes hurts the environment. As a result, most environmental machining research and development has centered on eliminating or minimizing the use of traditional cutting fluids or replacing them with environmentally friendly alternatives. Therefore because of numerous advantages, the demand for environment-friendly cutting processes and practices is expected to propel the growth of the waterjet cutting machine market over the coming years. Advancement in technology and innovation is a key trend being followed by the companies operating in the waterjet cutting machine market. The development technologies, such as multi-axis waterjet cutting and 3D cutting, would enable the waterjet cutting process to expand its global penetration. Micro waterjet cutting and nano jet cutting are two significant breakthroughs that are gaining significant growth. For instance, In October 2020, Techni Waterjet, a US-based producer of waterjet cutting machines, introduce the Intec-G2 CNC Waterjet machines, which provide significant benefits and enhanced capabilities to the operation. The machine can cut accurate pieces in almost any material, cut parts up to 12" thick in almost any material, and quickly cut and construct kitchen benchtops. Cut window panels to size or make frameless shower screens Make signs or complicated metal designs for use as artwork, tools, or fencing. In January 2021, Shape Technologies Group, Inc., a USA-based manufacturer of waterjet technology and ultrahigh-pressure (UHP) manufacturing process solutions acquired Riverstone Waterjets, a Canada-based manufacturer of waterjet machines, blasting pumps, equipment, and fittings for High-Pressure and Ultra High-Pressure applications, for an undisclosed amount. The acquisition is expected to broaden SHAPE’s ability to provide elevated service across Canada through additional local technicians and on-hand inventory, allowing for optimized delivery and support to the water blast industry as well as the wider oil and gas and industrial marketplace. Major players in the waterjet cutting machine market are Flow International Corporation, BYSTRONIC, Water Jet Sweden, Waterjet Corporation S.R.L., Dardi, Wardjet, OMAX Corporation, Koike Aronson, Inc., KMT, Techni Waterjet, Techni Waterjet, Huffman, Jekran, Lincoln Electric, STM waterjet, International Waterjet Machines, Foshan Yongshengda Machinery, Accurl, and LDSA. North America was the largest region in the waterjet cutting machine market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the waterjet cutting machine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the waterjet cutting machine market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The waterjet cutting machine market consists of sales of cutting water jet, high-pressure water inlet, pressurizing pumps. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global waterjet cutting machine market is segmented - 1) By Product: 3D Waterjet Cutting Machines, Micro Waterjet Cutting Machines, Robotics Waterjet Cutting Machines 2) By Technology: Pure, Abrasive 3) By Pump Type: Direct Drive Pump, Hydraulic Intensifier Pump 4) By Application: Exotic metal and Non-Traditional Material Cutting, Ceramic/Stone Cutting, Glass/Metal Art, Gasket Cutting, Other Applications 5) By Industry: Electronics, Metal Fabrication, Automotive, Aerospace, Food Processing, Textile, Other Industries

Business jets refer to jet aircraft that are used to transport small groups of people, also known as private jets. Some governmental bodies, government personnel, and military services use business jets for other purposes like the evacuation of casualties or quick parcel deliveries. The main types of aircraft in business jets market are light, mid-sized, large business jets and airliner business jets. The light business jets, sometimes known as a personal jet or a microjet, which is a category of the tiny business airplane that accommodates 4–8 passengers. A light jet may fly long distances at high speeds while consuming little fuel. The systems used in business jets includes propulsion system, aerostructures, avionics and others. Business jets are mostly sold by the OEM or aftermarket and are used by private users or operator. The business jets market research report is one of a series of new reports from The Business Research Company that provides business jets market statistics, including business jets industry global market size, regional shares, competitors with an business jets market share, detailed business jets market segments, market trends and opportunities, and any further data you may need to thrive in the business jets industry. This business jets market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global business jets market size grew from $20.38 billion in 2022 to $20.85 billion in 2023 at a compound annual growth rate (CAGR) of 2.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The business jets market size is expected to grow to $24.64 billion in 2027 at a CAGR of 4.3%. The increase in demand for business jets for various application is driving the growth of the business jets market. A business jet is a plane designed to transport small groups of people. The key reason fueling the rising demand for business jets is the growing need for business travel and short-haul flights. Business jets production will automatically rise in response to the increasing demand for business jets to fulfil market demand. For instance, according to the statistics by a US-based air charter service provider, Stratos Jet Charters, the world had a total of 21,979 active private aviation jets in 2019. North America led with around 71% of all private aircraft followed by Europe with around 13% in 2019. It is estimated that there will be 6,362 new jets sales worth $217.5 billion between 2020 and 2029. In addition, it is also optimistically estimated that there will be 7,300 new private aircraft sales worth $235 billion between 2021 to 2030. Therefore, the increasing demand for business jets will propel the market growth. Technology advancement is a key trend gaining popularity in the business jets market. Advancements in technology include the use of the most advanced technologies such as fighter technology in business jets with advanced safety features, the largest cabin, innovative flight deck, and other features. Key players are focusing on launching technologically advanced business jets to offer customers an unmatched experience with all safety features. For instance, in May 2021, a French manufacturer of military aircraft and business jets Dassault Aviation introduced Falcon 10X, featuring Industry's largest cabin and most advanced technology on a business jet. The Falcon 10X will provide unrivalled passenger comfort on both short and long-haul flights, as well as ground-breaking safety measures derived from Dassault's frontline fighter technology. Dassault Aviation optimized every component of this business aircraft to take the ultra-long-range aircraft to a new level of capabilities. It also features new structures, and materials enabling ultra-efficient power, and has an advanced flight deck technology with touch screens throughout the cockpit. In April 2022, Textron Inc., a US-based aircraft industry company, acquired Pipistrel, for an amount of $235 million. With this acquisition, Textron aims to expand its manufacturing and product development capabilities as well as make Textron a global leader in sustainable aircraft. Pipistrel will be operated under Textron’s new business segment called Textron eAviation. Pipistrel is a Slovenia-based light private electric aircraft manufacturer. Major players in the business jets market are Airbus SE, The Boeing Company, Bombardier Inc., Dassault Aviation SA, Embraer SA, Gulfstream Aerospace Corporation, Textron Inc., Honda Aircraft Company, Cirrus Design Corporation, Pilatus Aircraft Ltd., SyberJet Aircraft, Zunum Aero, Cessna Aircraft Company, and Eviation Aircraft. North America was the largest region in the business jets market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the business jets market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the business jets market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The business jets market consists of sales of super midsized jet, heavy business jets and ultra-long-range sets. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.  The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global business jets market is segmented - 1) By Aircraft Type: Light, Mid-Sized, Large Business Jets, Airliner Business Jets 2) By Point Of Sale: OEM, Aftermarket 3) By End Use: Private, Operator

Supersonic jets refer to supersonic aircraft powered by jet engines and travelling at speeds higher than the speed of sound. Supersonic jets typically travel at speeds greater than 750 mph but less than 1500 mph. The supersonic jet are used for transporting passengers or military applications. The main types of supersonic jets are light jets, mid-size jets, and large jets. Light jets are small, supersonic jets that can accommodate four to eight people. The different speed ranges include 1 mach–2 mach and 2 mach–3 mach. The system analysis includes the airframe, engine, avionics, landing gear system, and weapon system. The different platforms include commercial aircraft and military aircraft. The supersonic jet market research report is one of a series of new reports from The Business Research Company that provides supersonic jet market statistics, including supersonic jet industry global market size, regional shares, competitors with a supersonic jet market share, detailed supersonic jet market segments, market trends and opportunities, and any further data you may need to thrive in the supersonic jet industry. This supersonic jet market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global supersonic jet market size grew from $22.9 billion in 2022 to $23.5 billion in 2023 at a compound annual growth rate (CAGR) of 2.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The supersonic jet market size is expected to grow to $27.53 billion in 2027 at a CAGR of 4.0%. The increase in air passenger traffic is expected to propel the growth of the supersonic jet market going forward. The growing middle class and the emergence of low-cost carriers that offer competitive fares to popular destinations are stimulating growth in air passenger traffic. As a result, rising air passenger traffic drives up demand for supersonic aircraft. For instance, according to the International Air Transport Association (IATA), a Canada-based trade association of the world's airlines, overall air traveler numbers are to reach 4.0 billion in 2024, exceeding pre-COVID-19 levels by 103% of the 2019 total. Therefore, the rise in air passenger traffic is driving the supersonic jet market. Technological advancement is a key trend gaining popularity in the supersonic jet market. Companies in the supersonic jet market are focusing on developing efficient and quiet supersonic technologies that are compliant with all regulatory standards. For instance, in March 2022, Lockheed Martin Aeronautics, a US-based aerospace company, partnered with NASA's Ames Research Center, for developing X-59 supersonic jet under the Commercial Supersonic Technology project. The project covers a variety of supersonic research-related topics, such as the use of advanced visualization tools to study shockwaves and the use of distinctive wind tunnels, supercomputing resources, and systems engineering know-how. The eventual demonstration of quiet supersonic flight over land is just one of the many research areas being pursued to achieve the objectives of CST and the X-59 QueSST. Strategic partnerships and collaborations have emerged as the key trends gaining popularity in the bio adhesives market. Key players operating in the bio adhesives sector are focused on partnerships and collaborations to reinforce their position. For instance, in July 2022, Northrop Grumman Corporation, a US-based aerospace and defense technology company, partnered with Boom Technology, Inc., a US-based manufacturer of supersonic airliners. With the partnership, the companies intended to develop a new supersonic aircraft to provide the American military and allies quick-reaction capabilities. Moreover, in February 2021, Spike Aerospace, Inc., a US-based aerospace design and engineering company partnered with Tech Mahindra, an India-based consulting and information technology services company. With the partnership, the companies intended to develop the Spike S-512 by incorporating the engineering, optimization, and composites expertise of Tech Mahindra into the creation of the first low-boom supersonic jet on the market.  Major players in the supersonic jet market are Boom Technology Inc., Lockheed Martin Corporation, Airbus SAS, Aerion Corporation, Boeing, Spike Aerospace Inc., TsAGI, HyperMach Europe Aeronautics, Dassault Aviation, Tupolev, BAE Systems, Saab AB, Hindustan Aeronautics Limited, United Aircraft Corporation, and Aviation Industry Corporation of China. North America was the largest region in the supersonic jet market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the supersonic jet market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the supersonic jet market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The supersonic jet market consists of sales of propulsion systems for supersonic jets including turbine bypass, flade and turbojet. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.  The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global supersonic jet market is segmented - 1) By Type Outlook: Light Jet, Mid-Size Jet, Large Jet 2) By Speed Range: 1 Mach–2 Mach, 2 mach–3 Mach 3) By System Analysis: Airframe, Engine, Avionics, Landing Gear System, Weapon System 4) By Platform: Commercial Aircraft, Military Aircraft

Automotive lighting is defined as lighting and signalling devices that are mounted on the front, rear, sides, and in some cases on the top of a motor vehicle that makes the vehicle more visible especially in low light conditions. The main technologies of automotive lighting are Halogen, Xenon/HID (high-intensity discharge lamp), and LED (light-emitting diode). A halogen is a chemical substance that reacts with metal to form a salt. Halogen lamps are lit by bulbs containing a halogen and an inert gas. The technologies are used in passenger vehicles and commercial vehicles for front/headlamps, rear lighting, side, and interior lighting. The automotive lighting market research report is one of a series of new reports from The Business Research Company that provides automotive lighting market statistics, including automotive lighting industry global market size, regional shares, competitors with an automotive lighting market share, detailed automotive lighting market segments, market trends and opportunities, and any further data you may need to thrive in the automotive lighting industry. This automotive lighting market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The automotive lighting market research report is one of a series of new reports from The Business Research Company that provides automotive lighting market statistics, including automotive lighting industry global market size, regional shares, competitors with an automotive lighting market share, detailed automotive lighting market segments, market trends and opportunities, and any further data you may need to thrive in the automotive lighting industry. This automotive lighting market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global automotive lighting market size will grow from $24.37 billion in 2022 to $26.43 billion in 2023 at a compound annual growth rate (CAGR) of 8.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global automotive lighting market size is expected to grow to $35.46 billion in 2027 at a CAGR of 7.6%. During the forecast period, a growing emphasis on road safety will contribute to the growth of the automotive lighting market. The demand for safety features along with the adaptive lighting system has increased due to an increase in the number of road accidents worldwide. For instance, in June 2022, according to The Institute for Health Metrics and Evaluation, a US-based foundation, improving measures for road safety could save half a million lives every year. Wearing helmets, following traffic rules such as speed limits, avoiding drunk-and driving could save 3.47k and 5.40k lives every year.. These factors are leading to the growth in demand for adaptive and better lighting systems in vehicles and will thereby drive the automotive lighting market. During the forecast period, the rapid increase in the number of LED modules in automobile lighting brings in new requirements for system hardware for the automotive lighting market. The reduced component size to fit additional electronics in the same space to improve energy efficiency and performance within the same or lower thermal budget is posing to be a significant challenge for the manufacturers. The main challenge arises while installing the connected supporting and flexible architectures that enable multiple configurations as well as accurate control to preserve LED light characteristics. Thus, the sudden demand for LED modules in automobile lighting is expected to restrain the market. Companies in the automotive lighting market are investing heavily to develop fog-free lamps. This automotive lighting resolves fog issues and also fulfils requirements such as temperature, humidity, and vibration that were challenging earlier. For instance, Hyundai Mobis announced that it has succeeded in developing new materials that can technically resolve fog issues. The company partnered with Initz (SK Chemical's subsidiary) in developing new material using various additives to plastic that does not emit gases. It also developed a material that reduces the weight of the lamp by 20%. The development of fog-free lamps will contribute to the growth of the market. In July 2022, Plastic Omnium, a France-based manufacturer of plastics acquired ams OSRAM. Through this acquisition, Plastic Omnium strengthens its capabilities in automotive lighting and expands its business. ams OSRAM is an Austria-based company operating in automotive lighting.. Major players in the automotive lighting market are Hella, Koito Manufacturing Co. Ltd., Osram Licht AG, Koninklijke Philips N.V., Magnetti Marelli, Grupo Antolin, Flex Automotive GmbH, Lumax Industries Limited, Valeo Lighting Systems, and Bosch Lighting Technology Asia-Pacific was the largest region in the automotive lighting market in 2022. North America was the second-largest region in the global automotive lighting market. The regions covered in the global automotive lighting market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the automotive lighting market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The automotive lighting market consists of sales of automotive halogen short-arc lights, automotive halogen long-arc lights, automotive halogen flashlights, automotive LED sidelights, automotive LED fog lights, automotive LED brake lights, automotive LED indicators, automotive LED number plates, automotive metal halide light, automotive high-pressure sodium light, automotive xenon arc light, and other automotive lighting. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global automotive lighting market is segmented - 1) By Vehicle Type: Passenger Vehicle, Commercial Vehicle 2) By Technology: Halogen, Xenon/HID (High-intensity Discharge Lamp), LED (Light Emitting Diode) 3) By Application: Front/Headlamps, Rear Lighting, Side, Interior Lighting