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Press Releases from MarketsandMarkets™ INC. (181 total)

Automotive Differential Market Competitive Analysis with Growth Forecast Till 20 …

The Automotive Differential Market size, by value, is estimated to be USD 18.4 billion in 2020 and is projected to reach USD 23.2 billion by 2025, at a CAGR of 4.7% from 2020 to 2025. However, halt in vehicle production across the globe have impacted the automotive differential market. Despite this, owing to increase installation of automotive electronics and increasing demand for comfort features in vehicles the market is expected

Automotive Engine Management System Market by Vehicle Type & Region - Industry T …

The Automotive Engine Management System Market is projected to grow to USD 63.2 billion by 2025 from USD 58.8 billion in 2020, at a CAGR of 1.5% during the forecast period. The demand for engine management system is primarily driven by stringent emission norms, coupled with increasing vehicle production. The engine management system industry is expected to be positively impacted by growing vehicle production across the globe as every ICE engine

Farm Equipment Market: An Emerging Market with Attractive Growth Opportunities

The global Farm Equipment Market is projected to reach USD 113.0 billion by 2025 from an estimated USD 92.2 billion in 2020, growing at a CAGR of 4.2% during the forecast period, mainly due to attractive government policies to farmers in the form of loan waivers, credit finance, monetary aid in difficult times such as drought, pandemic such as COVID-19 etc. Increasing popularity and awareness of farm mechanization is significantly

Electric Vehicle Charging Station Size, Analytical Overview, Growth Factors, Dem …

The global Electric Vehicle Charging Station Market size is projected to reach 30,758 thousand units by 2027, from an estimated 2,115 thousand units in 2020, at a CAGR of 46.6%. The base year for the report is 2019, and the forecast period is from 2020 to 2027. Factors such as growing demand for energy-efficient commuting and governments supporting electric Electric vehicles and Electric Vehicle charging station through subsidies & tax

Global Automotive Software Market Size, Analytical Overview, Growth Factors, Dem …

The global Automotive Software Market size is projected to reach USD 37.0 billion by 2025 from USD 16.9 billion in 2020, at a CAGR of 16.9%. The growth of the market is driven by upcoming safety regulations, increase in demand for vehicle management and fuel-efficient vehicles. Increasing focus on active safety systems and car assessment programs would drive the demand for ECUs in modern vehicles. Increasing number of ECUs will drive

Major Key Trends in Construction Equipment Market

The global Construction Equipment Market size is projected to reach USD 205.0 billion by 2025, from an estimated value of USD 169.3 billion in 2020, at a CAGR of 3.9%. Rapid urbanization leading to increased demand for housing projects is expected to boost the construction equipment market. The increasing number of infrastructure projects and mega construction projects are further anticipated to fuel the demand for construction equipment during the forecast

Healthcare EDI Market worth $4.4 billion by 2025 - Leading Key Players are McKes …

According to the new market research report "Healthcare EDI Market by Component (Solution, Service), Delivery Mode (On-premise & Cloud, Mobile) Transaction Type (Claims Management, Payment Remittance, Payments, Healthcare Supply Chain), End-User & Region - Global Forecast to 2025", published by MarketsandMarkets™, the market is projected to reach USD 4.4 billion by 2025 from USD 3.0 billion in 2020, at a CAGR of 7.8% during the forecast period. Browse in-depth TOC on

Electric Off-highway Vehicle Market By Size, Trends and Global Forecast to 2025

The global Electric Off-Highway Vehicle Market size in a pre-COVID-19 situation was projected to reach USD 8.8 billion in 2020 from USD 21.7 billion by 2025 (in terms of value). However, due to COVID-19, most of the OEMs have delayed new vehicle developments and launches. Considering the global financial slowdown, electric off-highway vehicle manufacturers will refrain from adding extra cost to vehicles like an electric dump truck, electric LHD, electric

What is the COVID-19 impact on the fluid transfer system market?

The fluid transfer system market is projected to grow to USD 24.7 billion by 2025 from USD 17.8 billion in 2020, at a CAGR of 6.7% during the forecast period. The demand for fluid transfer system is driven by the implementation of stringent emission norms around the globe, growing demand for luxury vehicle models, increasing adoption rate of after-treatment devices in diesel engines. View Detail TOC @ https://www.marketsandmarkets.com/Market-Reports/fluid-transfer-system-market-163311077.html Due to COVID-19,

Global All-terrain Vehicle Market Growth Factors, Opportunities, Ongoing Trends …

The All-Terrain Vehicle Market, by value, is projected to grow to USD 4.4 billion by 2025 from USD 3.9 billion in 2020, at a CAGR of 2.4% during the forecast period. The market growth is driven by the increasing off-road recreational activities, growing demand for ATVs in agriculture and military & defense applications, and increased purchasing power and spending capacity of individuals. All-terrain vehicles are used to enhance operational efficiency

Genetic Toxicology Testing Market worth $2.0 Billion by 2025 - Leading Key Playe …

According to the new market research report "Genetic Toxicology Testing Market by Product (Assays, Reagents & Consumables, Services), By Application (Healthcare Industry, Food Industry, Cosmetics Industry, Agriculture Industry), COVID-19 Impact - Global Forecast to 2025", published by MarketsandMarkets™, the Genetic Toxicology Testing Market is projected to reach USD 2.0 billion by 2025 from USD 1.2 billion in 2020, at a CAGR of 10.2% during the forecast period. Browse in-depth TOC on

Fluoroscopy Equipment Market worth $7.5 billion by 2025 - Leading Key Players ar …

According to the new market research report "Fluoroscopy Equipment Market by Product (Fixed C-Arms, Fluoroscopy Systems (Remote Controlled, Patient Side), Mobile C-arms), and Application (Diagnostic (Cardio, Gastroenterology, Nephrology), Surgical (Ortho, Neuro, Cardio) - Global Forecast to 2025", published by MarketsandMarkets™, the Fluoroscopy Equipment Market is projected to reach USD 7.5 billion by 2025 from USD 5.9 billion in 2020, at a CAGR of 4.8%. Browse in-depth TOC on "Fluoroscopy Equipment Market" 199

Global Driving Simulator Market Competitive Analysis with Growth Forecast Till 2 …

The global Driving Simulator Market is projected to grow at a CAGR of 7.2% from USD 1.5 billion in 2020 to USD 2.1 billion by 2025. The base year for the report is 2019, and the forecast period is from 2020 to 2025. Factors such as substantial production vehicles, increasing demand for trained pilots, significant investments in autonomous vehicles, and growing norms for road safety to drive the driving simulator

Ambient Lighting Market to Witness Astonishing Growth by 2025

The Ambient Lighting Market for Automotive is estimated to grow at a CAGR of 9.9% from 2020 to 2025. It is projected to reach USD 4.9 billion by 2025 from an estimated USD 3.0 billion in 2020. The ambient lighting market for automotive is driven by the increasing vehicle production, rising installation rate of ambient lighting, and growing demand for luxury vehicles. The ambient lighting for automotive has evolved from

Live Cell Imaging Market worth $2.8 billion by 2025 - Leading Key Players are Da …

According to the new market research report "Live Cell Imaging Market by Product (Instruments, Consumables, Software, Services) Application (Cell Biology, Drug Discovery) Technology (Time-lapse Microscopy, FRET) End User (Contract Research Organization, Research Institutes) - Global Forecast to 2025", published by MarketsandMarkets™, the global market size is projected to reach USD 2.8 billion by 2025 from USD 1.8 billion in 2020, at a CAGR of 8.8% during the forecast period. Browse in-depth

Clinical Microbiology Market worth $5.3 billion by 2025 - Leading Key Players ar …

According to the new market research report "Clinical Microbiology Market by Application (Food, Pharma, Manufacturing, Chemical, Environment), Disease (Respiratory, Std, Uti), Product (Instrument, Analyzer, Reagent), End User (Hospital, Diagnostic Lab, Academia) - Global Forecast to 2025", published by MarketsandMarkets™, the Clinical Microbiology Market is estimated to be USD 3.9 billion in 2020 and projected to reach USD 5.3 billion by 2025, at a CAGR of 6.5%. Browse in-depth TOC on "Clinical

Pharmaceutical Gelatin Market worth $1.2 billion by 2025 - Leading Key Players a …

According to the new market research report "Pharmaceutical Gelatin Market by Source (Porcine, Bovine Skin, Bovine Bone, Fish, Poultry), Application (Hard Capsule, Soft Capsule, Tablet, Absorbable Hemostat), Function (Stabilizing, Thickening, Gelling), Region - Global Forecast to 2025", published by MarketsandMarkets™, the market is projected to reach USD 1.2 billion by 2025 from USD 1.0 billion in 2020, at a CAGR of 5.3% during the forecast period. Browse and in-depth TOC on

Cleanroom Technologies Market worth $7.3 Billion by 2025 - Leading Key Players a …

According to the new market research report "Cleanroom Technologies Market by Product (HVAC, HEPA Filters, Apparel, Vacuum Systems, Gloves, Disinfectants), Construction (Drywall, Hardwall, Softwall), End User (Pharmaceutical, Biotechnology, Hospitals) – COVID-19 Impact - Global Forecast to 2025", published by MarketsandMarkets™, is projected to reach USD 7.3 billion by 2025 from USD 5.1 billion in 2020, at a CAGR of 7.2% during the forecast period. Browse and in-depth TOC on "Cleanroom Technologies

What are the upcoming trends in the Bike and Scooter Rental Market? What impact …

The report "Bike and Scooter Rental Market by Service (Pay as you go and Subscription-based), Propulsion (Pedal, Electric, and Gasoline), Operational Model (Dockless and Station-based), Vehicle (Bike, Scooter), and Region - Global Forecast to 2027" The global bike and scooter rental market is projected to grow from USD 2.5 billion in 2019 to reach USD 10.1 billion by 2027, at a CAGR of 18.9%. The growth of the bike and

Automotive Wheels Aftermarket to Witness Astonishing Growth by 2025

The report "Automotive Wheels Aftermarket by Aftermarket (New Wheel Replacement & Refurbished Wheel Fitment), Vehicle (PC, CV), Coating (Liquid, Powdered), Material, Rim Size (13-15 Inch, 16-18 Inch, 19-21 Inch, Above 21 Inch), and Region - Global Forecast to 2025" Global automotive wheels aftermarket is projected to grow at a CAGR of 3.53% from USD 3.5 billion in 2018 to reach USD 4.5 billion by 2025. The growth of the automotive

Covid-19 Impact On Mobility as a Service Market Report - Impact Of The Virus On …

The global mobility as a service market size is projected to reach USD 70.4 billion by 2030, from an estimated USD 4.7 billion in 2020, at a CAGR of 31.1%. The growth of the global mobility as a service market is influenced by factors such as increasing urbanization and smart city initiatives, growing overall on demand mobility services, need to reduce CO2 emissions, and improved 4G/5G infrastructure and penetration of

Covid-19 Impact on Automotive Data Logger Market Analysis, Trends, Growth and Fo …

The Automotive Data Logger Market is projected to grow at a CAGR of 7.0% during the forecast period and is estimated to be USD 3.1 billion in 2020 and reach USD 4.4 billion by 2025. The market growth is primarily driven by factors such as the increase in the government norms related to vehicle noise and emissions which is leading to higher use of data loggers at the regulatory bodies’

Global Electric Vehicle Communication Controller Market Competitive Analysis Wit …

The report "Electric Vehicle Communication Controller Market by System (EVCC and SECC), Charging Type (Wired and Wireless), Electric Vehicle Type (BEV and PHEV), Vehicle Type (Passenger Car and Commercial Vehicle), Region - Global Forecast to 2027" The global electric vehicle communication controller market is projected to grow from USD 55 million in 2019 to USD 563 million by 2027, at a CAGR of 33.8%. Wireless (inductive) charging segment to grow faster

What is the Future Scope of Cylinder Deactivation System Market?

The report "Cylinder Deactivation System Market by Component, No. of Cylinders (4 & 6 and Above), Valve Actuation Method (Overhead Camshaft & Pushrod Design), Fuel Type (Gasoline & Diesel), Vehicle Type (Passenger Vehicle & LCV), and Region - Global Forecast to 2025", The global cylinder deactivation system market is projected to grow at a CAGR of 1.9%, to reach USD 5.1 billion by 2025 from an estimated USD 4.6 billion

How is the global Car Care Products Market shaping up? What role has COVID-19 pl …

The report "Car Care Products Market by Product Type (Cleaning and Caring, Polishing and Waxing, Sealing Glaze and Coating), Solvent Type, Application, Consumption, Distribution Channel, and Region - Global Forecast to 2027", is estimated to be USD 11.8 billion in 2019 and is projected to reach USD 16.1 billion by 2027, at a CAGR of 4.0%. Rising disposable income has resulted in an increase in spending capability for most of

Automotive Simulation Market to Witness Astonishing Growth by 2027

The report "Car Care Products Market by Product Type (Cleaning and Caring, Polishing and Waxing, Sealing Glaze and Coating), Solvent Type, Application, Consumption, Distribution Channel, and Region - Global Forecast to 2027", is estimated to be USD 11.8 billion in 2019 and is projected to reach USD 16.1 billion by 2027, at a CAGR of 4.0%. Rising disposable income has resulted in an increase in spending capability for most of

How is the global In-vehicle Infotainment Market shaping up? What role has COVID …

The report "In-vehicle Infotainment Market by Component (Display unit, Control Panel, TCU, HUD), OS (Linux, QNX, MS, Others), Service (Entertainment, Navigation, e-call, Diagnostics), Connectivity, Form, Location, Vehicle Type, Region - Global Forecast to 2027" The global in-vehicle infotainment market is projected to reach USD 54.8 billion by 2027 from an estimated USD 24.3 billion in 2019, at a CAGR of 10.7% The growth of the global in-vehicle infotainment market is

Covid-19 Impact on Overhead Catenary System Market Analysis, Trends, Growth and …

The report "Overhead Catenary System Market by Catenary Wire (Simple, Stitched, Compound), Train (Metro, Light Rail, High-Speed Rail), Voltage (Low, High), Component (Catenary Wire, Dropper, Insulator, Cantilever), Material, Track & Region - Global Forecast to 2025", The overhead catenary system market, by catenary type, is estimated to be USD 25.53 billion in 2018 and is projected to reach a market size of USD 46.94 billion by 2025, growing at a

Transmission Repair Market worth 233.70 Billion USD by 2022

The report "Transmission Repair Market by Component (Gasket & Seal, Fluid, O-ring, Transmission Filter, Gear, Clutch Plate, Pressure Plate, Oil Pump), Repair type (Transmission General Repair, Overhaul), Vehicle Type, and Region - Global Forecast to 2022", The transmission repair market is projected to grow at a CAGR of 3.25% during the forecast period, from USD 199.16 Billion in 2017 to USD 233.70 Billion by 2022. In terms of volume, the

Hub Motor Market: An Emerging Market with Attractive Growth Opportunities

The report "Hub Motor Market by Installation (Front & Rear), Vehicle (E-Bikes, E-Scooters/Mopeds, and E-Motorcycles), Motor (Geared and Gearless), Sales Channel (OE and Aftermarket), Power Output (Below 1000 W, 1000–3000 W, and Above 3000 W), and Region - Global Forecast to 2025" Global hub motor market is projected to grow at a CAGR of 5.01% from USD 7.69 billion in 2018 to reach USD 10.82 billion by 2025 The major

How 5G and wireless technology would enable the software market?

The global Automotive Software Market size is projected to reach USD 37.0 billion by 2025 from USD 16.9 billion in 2020, at a CAGR of 16.9%. The growth of the market is driven by upcoming safety regulations, increase in demand for vehicle management and fuel-efficient vehicles. Increasing focus on active safety systems and car assessment programs would drive the demand for ECUs in modern vehicles. Increasing number of ECUs will drive

Where will the electric two wheelers sales take the Hub Motor Market in the long …

The report "Hub Motor Market by Installation (Front & Rear), Vehicle (E-Bikes, E-Scooters/Mopeds, and E-Motorcycles), Motor (Geared and Gearless), Sales Channel (OE and Aftermarket), Power Output (Below 1000 W, 1000–3000 W, and Above 3000 W), and Region - Global Forecast to 2025" Global hub motor market is projected to grow at a CAGR of 5.01% from USD 7.69 billion in 2018 to reach USD 10.82 billion by 2025 The major

What are the upcoming trends in the HUD helmet market? What impact would they ma …

The report "HUD Helmet Market by Connectivity, Component, Display, Outer Shell Material, Technology, End-User (Racing Professional, Personal Use), Function (Navigation, Communication, Performance Monitoring), Power Supply, and Region - Global Forecast to 2030" The global HUD helmet market size is projected to reach USD 1,047 million by 2030, at a CAGR of 30.0% during the forecast period. Factors such as increasing concern about the safety of the motorcycle rider and rising

How will the Connected Motorcycle Market cope with the challenge of setting up a …

The report "Connected Motorcycle Market by Service (Driver Assistance, Safety, Vehicle Management & Telematics, Infotainment, Insurance), Network (Cellular, DSRC), Calling Service (eCall, bCall), End User, Communication, Hardware, and Region - Global Forecast to 2027", is projected to grow from USD 39 million in 2019 to USD 912 million by 2027, at a CAGR of 48.3%. The increasing focus on advanced safety and driver assistance features for motorcyclists would drive the

Semi-Autonomous & Autonomous Bus Market by Level of Automation, Propulsion - Glo …

The global Semi-Autonomous Bus Market size is projected to reach 71,682 units by 2025, from an estimated 23,613 units in 2020, at a CAGR of 24.9%. The base year for the report is 2019, and the forecast period is from 2020 to 2025. The semi-autonomous bus sector has witnessed rapid evolution as governments across the world are regulating advanced safety features such as AEB and BSD, and OEMs are offering

What would be the demand for the low-speed vehicle by vehicle type and region?

The global Low-Speed Vehicle Market is projected to grow at a CAGR of 8.6% to reach a market size of USD 6.3 billion by 2025 from 4.2 billion in 2020The rising trend of using LSVs in gated communities, hotels, and resorts, industrial facilities, golf courses & college campuses and changing face of the transportation industry to drive the low-speed vehicles market is projected to fuel the demand of these vehicles. To

Which leading companies are working on the thermal system market and what organi …

The report "Thermal System Market for Automotive By Application (Front & Rear AC, Engine & Transmission, Seat, Steering, Battery, Motor, Power Electronics, Waste Heat Recovery), Technology, Electric & ICE Components, Vehicle Type and Region - Global Forecast to 2027" The thermal system market for automotive is projected to reach USD 64.6 billion by 2027 from an estimated USD 49.3 billion in 2019 at a CAGR of 3.4% during the forecast

Impact of COVID-19 on automotive test equipment market?

The automotive industry has witnessed a rapid evolution with continuous developments in engineering and technology. Technological advancements and the advent of disruptive trends such as connected, autonomous, and electric vehicles have proliferated the demand for electronics in vehicles. As a result, the demand for high-level testing is hugely required for the overall safety of these vehicles. The global Automotive Test Equipment Market size is expected to show growth at a

How will the implementation of vehicle emission norms impact the overall cylinde …

The report "Cylinder Deactivation System Market by Component, No. of Cylinders (4 & 6 and Above), Valve Actuation Method (Overhead Camshaft & Pushrod Design), Fuel Type (Gasoline & Diesel), Vehicle Type (Passenger Vehicle & LCV), and Region - Global Forecast to 2025", The global cylinder deactivation system market is projected to grow at a CAGR of 1.9%, to reach USD 5.1 billion by 2025 from an estimated USD 4.6 billion

Get in-depth analysis of the COVID-19 impact on the Automotive Camera Market

The automotive camera market is projected to grow at a CAGR of 12.4% during the forecast period, to reach USD 12.2 billion by 2025 from an estimated USD 6.8 billion in 2020. Increasing vehicle production, government safety norms, consumer demand for safer vehicles and rising sales of EVs are likely to fuel the demand of automotive camera market. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=125124333 The COVID-19 pandemic has become a major concern for

Get in-depth analysis of the COVID-19 impact on the Fuel Cell Powertrain Market

The global fuel cell powertrain market size is projected to grow from USD 268 million in 2020 to USD 3,797 million by 2025, at a CAGR of 70.0%. Increasing government initiatives for the development of hydrogen infrastructure and rapid technological changes in the automotive industry for fuel efficient systems are likely to boost the fuel cell powertrain market. COVID-19 impact on fuel cell powertrain market: The fuel cell powertrain market is

What are the key market trends impacting the growth of the electric off-highway …

The report "Electric Off-highway Vehicle Market by Equipment Type (Excavator, Motor Grader, Dozer, Loader, LHD, Dump truck, Lawnmower, Sprayer, Tractor), Application, Propulsion, Battery Type, Battery Capacity, Power Output and Region - Global Forecast to 2025", is projected to grow from USD 6.3 billion in 2020 to USD 17.5 billion by 2025, at a CAGR 22.8%. The growth of the global electric off-highway vehicle market is drive by factors such as

Get in-depth analysis of the COVID-19 impact on the Automotive Hydrostatic Fan D …

The report "Automotive Hydrostatic Fan Drive System Market by Component, Pump Type (Fixed Displacement and Variable Displacement), Vehicle Type (Buses, Construction Equipment, and Agricultural Tractors), and Region - Global Forecast to 2025", The automotive hydrostatic fan drive system market is projected to grow at a CAGR of 6.80% during the forecast period, from USD 144.8 Million in 2018 to USD 229.6 Million by 2025. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=250573626 The growing demand

What are the upcoming technology advancements in EV charging cables?

The report "EV Charging Cables Market by Power Supply Type (AC, DC), Application Type (Private Charging, Public Charging), Length (2 Meters to 5 Meters, 6 Meters to 10 Meters, Above 10 Meters), Shape , Charging Level, Region - Global Forecast to 2027" The global EV charging cables market is projected to grow at a CAGR of 31.8%, to reach USD 1,808 million by 2027 from an estimated USD 198 million

COVID-19 impact on automotive lightweight material market

The global automotive lightweight material market is projected to grow from USD 69.7 billion in 2020 to USD 99.3 billion by 2025, at a CAGR of 7.3% during the forecast period. The increasing stringency of vehicle emission and fuel economy regulations and growing government initiatives for vehicle weight reduction are expected to drive the growth of the automotive lightweight material market. The outbreak of COVID-19 has impacted and disrupted the supply

Which are prominent countries driving the growth of construction equipment marke …

The report "Construction Equipment Market by Type (Excavator - Crawler and Mini, Loader - Backhoe, Skid-steer, Wheeled and Other Equipment), Category, Emission Regulation, Aftertreatment Device, Power Output, Application, Rental Equipment, and Region - Global Forecast to 2025", The construction equipment market is projected to grow at a CAGR of 4.52%, to reach a market size of USD 199.18 Billion by 2025, from an estimated USD 146.17 Billion in 2018. The

Torque Converter Market worth 9.88 Billion USD by 2025

The report "Torque Converter Market by Transmission Type (AT, CVT, and DCT), Component (Clutch Plate, Damper, Impeller, Turbine, and Stator), Vehicle (Passenger Car and Commercial Vehicle), Hybrid Vehicle (HEV and PHEV), Aftermarket, and Region - Global Forecast to 2025", The torque converter market is projected to grow at a CAGR of 5.78% from 2017 and is expected to reach USD 9.88 Billion by 2025. The torque converter market is driven

Cleaner & Degreaser Aftermarket worth 45.30 Billion USD by 2025

The report "Cleaner & Degreaser Aftermarket by Part (Cleaner (Brake, Carburettor, Engine Flush), Degreaser (Engine, Exhaust, Transmission)), Type (Water, Solvent Based), Supply (Aerosol Can, Spray Bottle), Service, Vehicle Type, and Region - Global Forecast to 2025", The cleaner & degreaser aftermarket is projected to grow at a CAGR of 1.91% from 2017 to 2025, and the market size is estimated to grow from USD 38.95 Billion in 2017 to USD

Automotive Motors Market by Motor Type, Vehicle, EV Motor and Region - Global Fo …

The global automotive motors market size is projected to grow from USD 20.3 billion in 2020 to USD 25.7 billion by 2025, at a CAGR of 4.8%. The base year for the report is 2019, and the forecast period is from 2020 to 2025. Rapid technological changes in the automotive industry for fuel efficient systems and governments stringent emission norms policies are likely to boost the automotive

Automotive Heat Shield Market by Application, Function EV, and Region - Global F …

The automotive heat shield market is estimated to be worth USD 11.7 billion in 2020 and is projected to reach USD 13.9 billion by 2025, at a CAGR of 3.4% during the forecast period. The growing adoption of electronics in automobiles, increasing demand for luxury vehicles, and technological advancements in heat shields are key factors driving the automotive heat shield market. The market has witnessed substantial growth in developing and

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