Industry News
China controlled 60% of global mined magnet rare-earth output in 2024 and over 80% of refining capacity, with Asia Pacific capturing 87% of 2025 market revenue. Lynas, Iluka, MP Materials, and Energy Fuels lead ex-China supply diversification efforts.
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Consumer FDM 3D printing in 2026 is a three-tier market: budget ($150-300) at 60% unit share led by Creality, speed ($300-600) at 30% led by Bambu Lab, and professional ($600+) at 10% led by Prusa, Ultimaker and Bambu X1 Plus. Hardware has plateaued, while AI slicers, multi-material capability, and
Server hardware in 2026 is being reshaped by a hyperscaler AI buildout: combined cloud-provider capex is forecast above US$710 billion, server DRAM prices are up ~95%, and the global server market reached US$122.6 billion in vendor revenue, forcing enterprise buyers to reset budget baselines.
Global data center server spend is forecast to expand at a 21.2% CAGR through 2030, adding USD 273.57 billion in market value, with rack servers leading the product mix and North America commanding the largest regional share. Hyperscalers still own most capacity, but neocloud and sovereign AI factor
BloombergNEF's July 2026 forecast puts US data center installed capacity at 118 GW by 2030, up 52% from its December 2025 number, with Goldman Sachs Research modelling a 165% global power-demand rise versus 2023 and a near-doubling of capacity by 2030, driven primarily by AI training and inference l
Global wind installations added 165 GW in 2025 (+40% YoY), and the wind turbine market is forecast to grow from $194.83 billion in 2026 to $283.8 billion by 2030 at a 9.9% CAGR, led by Asia-Pacific, with offshore and high-capacity units driving the second half of the decade.
Global EV battery market value is projected to reach USD 198.86 billion by 2030 at a 22.2% CAGR (2025-2030), but BNEF flags slower growth as plug-in hybrids and range-extenders cut per-vehicle pack size, while stationary storage offsets part of the road-transport slowdown.
CATL and BYD together held 55.6% of global EV battery installations in 2025 at 659.5 GWh, and CATL alone hit a 50.1% domestic China share in Q1 2026 on NMC chemistry dominance.
The global lithium-ion battery market is converging on roughly $136-175 billion in 2026, with chemistries splitting between LFP cost leadership and NMC premium-EV dominance, and CATL, BYD, LG, Panasonic, and Samsung SDI anchoring the supplier tier.
Lithium battery demand is set to expand 3x by 2030 and 4.2x by 2035, with the global lithium-ion market projected at USD 136.28 billion in 2026 reaching USD 366.82 billion by 2031, and cell prices falling toward USD 80 per kWh.
The data center GPU market is forecast to add USD 125.43 billion between 2026 and 2030 at a 15.8% CAGR, while the broader GPU market is sized at USD 102.8 billion in 2026 reaching USD 652 billion by 2033 at a 30.2% CAGR, with training workloads dominant in 2024-2025 and inference overtaking by 2027.
NVIDIA held 55.2% of the installed PC video-card base and roughly 75-81% of 2026 AI accelerator revenue, while AMD captured 20.0% of the installed base and 5-7% of AI revenue, and Intel sat at 19.2% installed and about 1% of AI share.
NVIDIA holds 80-85% of the 2026 data center AI accelerator market by revenue, down from 92% in 2023, with AMD MI300X/MI400, Intel Gaudi 4, and hyperscaler custom silicon closing in. AMD's MI400 sells at 25-30% below B300 while matching inference performance, reshaping the TCO argument.
AI chip demand is on track to expand roughly 5-9x from 2025 to 2030, with the global AI chip market projected to exceed USD 1 trillion by 2030, and broader semiconductor demand reaching USD 1.5 trillion the same year on 33.2% CAGR.
NVIDIA holds roughly 70% of total AI semiconductor sales and 92% of the data-center GPU segment, while AMD, Broadcom, Intel, and the hyperscaler in-house ASIC programs (Google TPU, Meta MTIA, Amazon Trainium, Microsoft Maia) split the remainder of a market sized at USD 52.92B in 2024, tracking towar
5G industrial modules are shifting from pilot gateways to scaled Industry 4.0 deployment, with 5G-specified minimums of 100 Mbps user-experience rate, 1 ms air-interface latency, and one million devices per square kilometre, all driving adoption in closed industrial networks.
Global 5G industrial module market revenue is projected to climb from USD 2.86 billion in 2026 to USD 7.36 billion in 2031, a 20.8% CAGR, with RedCap and eRedCap categories rising from 17.0% to 36.0% of revenue by 2031.
Global industrial ethernet market reached USD 12.26 billion in 2026 and is projected to climb to USD 26.10 billion by 2034 at a 9.90% CAGR, with PROFINET and EtherNet/IP retaining protocol dominance, while SPE, APL, and TSN reshape plant-floor hardware and cabling requirements through 2026.
The global SCADA market is projected to expand from USD 13.87 billion in 2026 to USD 26.59 billion by 2034, an 8.5% CAGR driven by cloud, edge, and AI integration across utilities and discrete industries.
The global cutting tools market is estimated at USD 23.1–27.7 billion in 2026 with 4.5–5.2% CAGR to 2035, while metal cutting tools alone reach USD 91 billion in 2026. Automotive leads demand at 33%, with EV battery and motor machining driving Asia Pacific growth.
The global industrial catalysts market is sized at USD 23.57 billion in 2026, with a 4.81% CAGR to USD 36.03 billion by 2035, while heterogeneous catalysts hold over 60% revenue share and Asia Pacific is the fastest-growing regional segment.
Syntegon, IMA, GEA, and ACG head the 2026 pharmaceutical equipment supplier map, with the global pharmaceutical manufacturing equipment market valued at USD 21.24 billion in 2026 and projected to reach USD 30.39 billion by 2032 at a 6.2% CAGR.
Global food processing equipment demand in 2026 is sized between USD 59.0B and USD 68.3B depending on scope, with CAGR forecasts of 4.2% to 6.3%; drivers are automation, FSMA-style compliance, and Asia Pacific capacity build-out.
Global industrial filtration market estimates for 2026 diverge widely, from USD 37.88B to USD 48.52B depending on scope, with 2030-2035 CAGRs clustered between 5.4% and 6.8%; liquid vs air media split and HEPA/ULPA demand drive the variance.
The global industrial fasteners market is valued at USD 92.13 billion in 2026, on track to USD 113.33 billion by 2031 at a 4.23% CAGR, with metal fasteners at 49.23% of 2025 revenue, automotive at 33.47%, and engineered high-strength and battery-ready grades outpacing commodity carbon-steel hardware
Global vanadium supply is concentrated in three countries, China at 59%, Russia 17%, South Africa 7% of production, with integrated miners like EVRAZ, AMG, Ansteel and Bushveld dominating alongside battery-focused juniors such as Largo and Australian Vanadium in 2026.
Global vanadium market estimates for 2026 cluster between USD 2.6 billion and USD 58.6 billion depending on scope, with 2026–2034 CAGRs reported from 5.0% to 9.1%. The vanadium electrolyte sub-segment is forecast to expand from USD 234.9 million in 2026 to USD 1,012.1 million by 2033.
Global silicone rubber demand is sized between USD 14.5 billion and USD 16.9 billion in 2025, with 2026 forecasts clustering at USD 15.6–16.9 billion and 2034–2035 projections ranging USD 9.8–29.65 billion at 5.5–7.4% CAGR. Growth is driven by EV battery sealing, ISO 10993 medical-grade LSR, and Asi
ABS plastic's global sheet market is set to grow from USD 8.4 billion in 2025 to USD 13.6 billion by 2034 at 5.5% CAGR, driven by automotive trim, electronics and chrome-plated parts. Standard grades span 1.04–1.06 g/cm³ density, 40–50 MPa tensile strength, and 200–500 J/m notched Izod impact p
Data center cooling spend is projected to grow from roughly USD 12.4B to USD 31.4B in 2026, depending on scope, with a 2026-2033 CAGR between 14.9% and 26.4% across major analyst forecasts. Liquid cooling is the fastest-growing slice, expanding at 26.4%-31.5% CAGR, while North America holds 36%-44%
Global BESS market value reached USD 50.81 B in 2025 and is forecast to hit USD 105.96 B by 2030 at a 15.8% CAGR, while installed capacity tracks 768.5 GW in 2025 to 3735.3 GW by 2033 at 21.9% CAGR.
Global battery management system (BMS) market value is projected to land between USD 11.55 B and USD 17.21 B in 2026, with 2026-2035 CAGRs clustered in a 14.0-21.7% band. AI-driven SoC/SoH estimation, wireless BMS, and EU digital-battery-passport compliance are the three structural shifts specifiers
The global battery electrolyte market is forecast to reach USD 34.46 billion with Tinci Materials, CAPCHEM, ENCHEM and Mitsubishi Chemical Group ranking as the leading suppliers, anchored by LiPF6 salt and carbonate-solvent output in China, South Korea and Japan.
Global battery electrolyte demand is forecast to reach USD 15.18–15.84 billion in 2026, with projections of USD 28.7–54.9 billion by 2031–2035 at CAGRs between 7.1% and 13.7%. Lithium-ion still holds ~81.7% of revenue, EVs absorb ~67% of volume, and Asia-Pacific commands ~69.7% of the market, while
Chemours, Daikin, 3M, Solvay, and AGC lead the high-performance fluoropolymers field in 2026, with PTFE, FKM, and PFA grades dominating chemical, semiconductor, and aerospace demand. North America capacity expansion and a projected 8.2% CAGR through 2032 make supplier benchmarking a near-term procur
Global ball screw demand reached USD 5.72B in 2025 with a projected 7.31% CAGR to USD 10.79B by 2034. NSK, THK, SKF, Bosch Rexroth, Hiwin, and Schaeffler dominate a market where precision ground, rolled, and heavy-duty formats split by accuracy class and load capacity.
For school facilities, expansion anchors should be selected by substrate and load class, not by brand: 1/4 in to 3/4 in wedge or sleeve anchors for classroom fixture work, internally threaded drop-in anchors only in overhead-tracked situations, and 304/316 stainless in any zone exposed to wash-down,
For marine duty, specify ANSI Type B/C roller chain sprockets with at least 17 teeth, 17-21 tooth small pinion ratio, hub-side-toward-bearing mounting, and 316 stainless or surface-hardened steel per ANSI B29.1-1975 to resist salt corrosion.
Magnetic sensor sizing hinges on matching the Hall, reed, or TMR threshold (commonly 9–40 G) to a NdFeB, SmCo, or ceramic magnet whose flux still triggers the part at the worst-case air gap, then verifying duty, supply, and environment. Pick Hall or TMR for >100 M cycles or vibration; stay with reed
Size a DC electronic load on three envelope numbers: maximum input voltage, maximum current draw at that voltage, and peak continuous power, then verify the operating point sits inside the published V-I safe operating area. Add slew rate and minimum operating voltage when the DUT is a battery or fue