PMR Blog

  According to the research report, the global  rain barrels market  was valued at USD 2,068.43 million in 2022 and is expected to reach USD 3.51 billion by 2032, to grow at a CAGR of 5.5% during the forecast period. Rain barrels, a cornerstone of residential and small-scale commercial  stormwater management  systems, are becoming essential in conserving water, reducing municipal water dependency, and mitigating flood risks. As environmental consciousness spreads globally, rain barrels are increasingly viewed as an eco-friendly, cost-effective method of collecting and reusing rainwater for non-potable applications. Market Overview Rain barrels are above-ground storage containers typically installed under downspouts to capture and store rainwater runoff from rooftops. They come in various sizes and materials such as plastic, metal, or wood and can hold anywhere from 30 to 100 gallons of water. The water collected is commonly used for  sustainable gardening ,...

  The  Aerial Work Platforms (AWP) Market  is poised for significant expansion over the next decade, bolstered by growing investments in infrastructure, increasing focus on workplace safety, and the evolution of efficient, mobile access solutions. These platforms—known for their flexibility and safety—are replacing traditional scaffolding and ladders across construction, industrial maintenance, and warehousing sectors. According to the research report, the global aerial work platforms market was valued at USD 17.59 billion in 2022 and is expected to reach USD 31.87 billion by 2032, to grow at a CAGR of 6.1% during the forecast period. Aerial work platforms—also referred to as  elevated work platforms —are mechanical devices that provide access to hard-to-reach areas, primarily for maintenance and construction purposes. They are essential in modern-day  construction equipment  fleets, ensuring safety, ease of use, and efficiency in vertical and horizontal li...

  The   global  Low-Speed Electric Vehicle (LSEV) market  is undergoing a significant transformation as governments, manufacturers, and consumers worldwide continue to embrace   electric mobility solutions   for short-distance and intra-city transport. LSEVs, known for their limited speed and high energy efficiency, are fast becoming a vital component of the sustainable urban transport ecosystem. In recent years, these compact electric vehicles have found increasing relevance in residential communities, resorts, industrial campuses, and commercial delivery sectors. Designed with a top speed typically under 70 km/h, LSEVs are ideal for applications such as  short-distance transportation , last-mile delivery, and controlled-environment logistics. According to the research report, the global low-speed electric vehicle market was valued at USD 10.46 billion in 2022 and is expected to reach USD 21.55 billion by 2032, to grow at a CAGR of 7.6% during the for...

According to the research report, the global  automation COE market  was valued at USD 299.98 million in 2021 and is expected to reach USD 3,180.8 million by 2030, to grow at a CAGR of 30.3 % during the forecast period. Market Overview An Automation CoE serves as a centralized governance framework that standardizes and accelerates automation initiatives within organizations.   By providing best practices, tools, and support, CoEs enable enterprises to scale automation efforts efficiently, ensuring alignment with business objectives and compliance requirements.   The growing complexity of business processes and the demand for operational efficiency have made Automation CoEs integral to digital transformation strategies. Market Segmentation By Organization Size: Large Enterprises:   These organizations are leading the adoption of Automation CoEs, leveraging their resources to implement comprehensive automation strategies that enhance operational efficiency and com...

Global  Rockets and Missiles Market  size and share is currently valued at USD 59,862.24 million in 2023 and is anticipated to generate an estimated revenue of USD 98,253.49 Million by 2032, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 5.7% Compound Annual Growth Rate (CAGR) over the forecasted timeframe, 2024 - 2032 Market Overview Rockets and missiles are pivotal components of modern military arsenals, serving roles in strategic deterrence, precision strikes, and area denial.   The market encompasses various systems, including cruise missiles, ballistic missiles, and guided rockets, each tailored for specific operational requirements.   Advancements in propulsion systems, guidance technologies, and payload capabilities are enhancing the effectiveness and versatility of these weapons. Market Segmentation By Product Type: Missiles:   Guided weapons designed for precision strikes, including ...