Persistence Market Research

  The global  last-mile delivery software market  is expected to grow from US$ 7,236.5 million in 2025 to US$ 11,353.4 million by 2032, with a CAGR of 6.8%. This growth is driven by the need for efficient and cost-effective delivery solutions, as last-mile delivery represents 53% of total shipping expenses. Cloud-based software is projected to dominate, accounting for 50.3% of the market in 2025 due to its affordability and efficiency. The e-commerce boom, accelerated by the COVID-19 pandemic, has significantly increased demand for fast deliveries, prompting companies to adopt last-mile software to optimize routes, reduce emissions, and improve customer satisfaction. Sustainability concerns are also pushing the industry toward greener logistics solutions. As e-commerce continues its rapid expansion, one region stands out in embracing and advancing last-mile delivery technology: North America. The growing consumer demand for quick, efficient deliveries has fueled investmen...

  The global  automotive ultrasonic technologies market  is expected to grow from US$ 6.97 billion in 2025 to US$ 11.88 billion by 2032, at a CAGR of 7.9%. This growth is driven by the increasing adoption of advanced driver assistance systems (ADAS) that enhance vehicle safety, including features like parking assistance, blind spot detection, and collision avoidance. As road safety becomes a priority, companies such as Bosch, Continental, and Denso are investing in ultrasonic sensors. The rise of electric and autonomous vehicles further boosts demand for ultrasonic technologies, which are also being used for monitoring battery performance and detecting leaks. Additionally, collaborations and advancements in ultrasonic imaging and sensor technology are driving the market forward, making vehicles safer and more efficient. New Product Launches Fuel Automotive Ultrasonic Technologies Market Expansion The automotive industry is witnessing a technological revolution, with autom...

  The  U.S. roofing materials market  is projected to grow from US$ 28.72 billion in 2025 to US$ 41.51 billion by 2032, at a CAGR of 5.4%. Rising home renovations, severe weather events, and advancements in sustainable roofing drive market expansion. Asphalt fiberglass shingles are expected to dominate with a 44.2% market share in 2025, while metal roofing gains traction due to its durability and solar compatibility. The residential segment will hold 55% of the market, driven by increasing homeownership. Green building certifications like LEED are boosting demand for eco-friendly roofing materials, with manufacturers like Owens Corning and GAF investing in recycled and solar-integrated solutions. As cities adopt stricter energy efficiency standards, the U.S. sustainable roofing market is set for strong growth. Green roofing has emerged as a transformative trend in the U.S. construction industry, offering both environmental and economic benefits. As sustainability takes ce...

  The global  polyethylene wax market  is set to grow from US$ 1.98 billion in 2025 to US$ 3.03 billion by 2032 at a 6.3% CAGR. Rising shale gas production in North America and China, along with growing demand from printing ink and coatings industries, is fueling market expansion. The U.S. shale gas boom has boosted ethylene production, supporting the growth of PE wax applications. While environmental regulations affect operations in Europe and Asia-Pacific, companies like Chevron Phillips Chemical, INEOS, and LyondellBasell are expanding ethylene cracker facilities. The polymerization segment is expected to hold a 52% market share in 2025, while flakes/prills will dominate with 49% due to industrial demand. North America is projected to grow at a 5.5% CAGR, driven by the increasing use of plastics and elastomers. The packaging industry, valued at US$ 350 billion in 2023, further supports market growth. Additionally, e-commerce is driving sales, enabling SMEs to expand th...

  The global  Electronic Design Automation (EDA) market  is projected to grow significantly, from US$ 17.59 billion in 2025 to US$ 32.88 billion by 2032, with a CAGR of 9.4%. This growth is driven by the increasing complexity of integrated circuits (ICs) and the automation needs in semiconductor production. The rising demand for AI, IoT, and 5G devices is fueling innovation in EDA tools, with key players like Synopsys, Cadence Design Systems, and Siemens EDA leading advancements in chip design. The adoption of cloud-based EDA and the integration of AI and machine learning into chip design are expected to further boost market growth by enhancing efficiency and speeding up development cycles. The trend toward miniaturization in industries like healthcare, automotive, and consumer electronics also supports the demand for EDA solutions to create smaller, high-performance semiconductors. What is EDA and Why is it Critical? EDA encompasses a wide range of software tools used fo...