Latest news with #Pune
Daily Mail
8 hours ago
- Sport
- Daily Mail
Cricket chiefs bring in new rule after England were left raging when India exploited loophole to claim series win
International cricket chiefs have moved to ensure there will be no repeat of the controversy that marred India 's Twenty20 series win over England last winter, by amending concussion protocols. England were left fuming in Pune five months ago when, with the series on the line, India were permitted to introduce Harshit Rana — a 90-mile-per-hour fast bowler — in place of batting all-rounder Shivam Dube. Harshit went on to claim three key wickets in a 15-run victory that surged the home team into an unassailable 3-1 lead. Match referee Javagal Srinath, a former India international, permitted the 'like-for-like' replacement during England's chase despite Harshit batting in only three of his previous 25 T20 career appearances, scoring two runs, and Dube bowling just nine overs in his previous dozen T20 internationals. However, from now on concussion replacements must be settled upon in advance of the toss, removing the advantage previously held by the home team of selecting from a greater pool of players. The other significant change made by the International Cricket Council in relation to concussions is the introduction of a mandatory seven-day sit-out period for any player deemed to have been concussed. Remarkably, Dube returned to action for the fifth and final match of the series in Mumbai just 48 hours after the Pune row. Previously, ICC guidelines stopped short of enforcing a sit-out, simply advising that a 'player should usually take at least seven days out.' In a huge break with tradition, the ICC is also preparing to introduce injury substitutes for the first time at international level — after announcing a six-month trial in domestic first-class matches around the world from October. Players who suffer serious injury on the field of play at any time after the match has started (including any pre-match warm-up period) can be replaced for the remainder of the match by a like-for-like player. It is designed to stop teams becoming disadvantaged when a player is ruled out of participating further in normal capacity due to a significant impairment such as a fractured bone or torn muscle. Among the changes to the playing conditions coming in with immediate effect is a requirement for a fielder who makes airborne contact with the ball beyond the boundary to then land and remain inside the boundary. An individual that has left the field of play can make subsequent contact with the ball while still airborne but landing outside the perimeter will result in four or six being signalled and catches not being upheld, even if another player completes the fielding. This change will be implemented in international cricket before it is included in the laws of the game by the MCC next year. A stop clock in Test cricket has also been introduced, replicating its use in limited-overs internationals. The fielding team will be given a warning if not ready to begin an over within 60 seconds of the previous one being completed. Failure to do so after two warnings will result in a five-run penalty being imposed against the fielding team for every subsequent breach up to 80 overs when the tally reverts back to zero. Only one ball will be used in the last 16 overs of one-day international innings. Two new balls will be used until the end of the 34th over, at which point the fielding team will choose the ball to continue with. The wicket zone for DRS judgments will now be the actual outline of the stumps and bails, while any deliberate short runs will not only lead to a five-run penalty, but the chance for the fielding team to choose which of the two batters takes strike next delivery. On a trial basis in white-ball matches, the position of the batter's legs at the point of delivery will now be used as the reference point for a wide, even if the batter subsequently moves across to the off side, providing bowlers with greater leeway.
Time of India
11 hours ago
- Sport
- Time of India
Krisha in line for twin doubles title, loses singles QF to Raigad's Prakriti
1 2 3 4 Nagpur: The penultimate day of the Maharashtra State U-19 selection badminton tournament brought mixed luck for girls' singles top seed and promising Nagpur shuttler Krisha Soni. A day after the 18-year-old became the lone Nagpur shuttler to enter all three quarterfinals, Krisha suffered a heartbreak with a 21-17, 9-21, 15-21 defeat in her singles outing against Raigad's Prakriti Sharma at the Arundhati Arun Badminton Academy, Besa, on Friday. Despite suffering an exit in the girls' singles event, Krisha remained positive and won both the girls' and mixed doubles quarterfinal and semifinal matches respectively with city's Nishika Gokhe and Pune's Aditya Tripathi in contrasting fashion to become the only Nagpur player to enter two finals. While Krisha experienced fluctuating fortunes, unseeded Nagpur shuttlers Ridheema Sarpate and Rutva Sajwan registered facile victories to enter the girls' and boys' singles final. In the girls' singles semifinal, Ridheema prevailed over Pune's Safa Shaikh 21-9 and 3-1 after the latter retired in the second game. Ridheema will face Pune's Yutika Chavan, who defeated Prakriti 22-20, 21-13. In an all-Nagpur boys' singles semifinal, Rutva defeated Pranay Gadewar 21-8, 21-18 to meet Palghar's Dev Ruparelia, who stunned top seed Aditya Tripathi 21-17, 21-18. Earlier in the girls' doubles quarterfinal, the Nagpur duo of Krisha and Nishika registered a hard-fought 21-18, 19-21, 21-19 victory over the Pune pair of Jidnyasa Chaudhari and Riddhima Sahrawat. In the semifinal, Krisha and Nishika drubbed the Nashik-Pune duo of Shravni Patil and Yashasvee Kale 21-8, 21-18 to set up the summit clash with Shravani Walekar and Taarini Suri from Nashik and Greater Mumbai. In mixed doubles, the Nagpur-Pune duo of Krisha and Aditya won both their quarterfinal and semifinal outings in straight games. RESULTS Boys Singles (QF): 1-Aditya Tripathi (PN) bt Ojas Joshi (PN) 21-4, 21-6; Dev Ruparelia (PAL) bt Arjun Reddy Aluguvelli (BAMU) 21-17, 21-10; Rutva Sajwan (NGP) bt Aryan Talwar (BAMU) 21-18, 21-14; Pranay Gadewar (NGP) bt Tanay Mehendale (PAL) 21-19, 11-3 Ret. Semifinals: Dev Ruparelia (PAL) bt 1-Aditya Tripathi (PN) 21-17, 21-18; Rutva Sajwan (NGP) bt Pranay Gadewar (NGP) 21-8, 21-18. Girls Singles (QF): Prakriti Sharma (Raigad) bt 1-Krisha Soni (NGP) 17-21, 21-9, 21-15; Yutika Chavan (PN) bt Ketaki Thite (BAMU) 15-21, 21-16, 23-21; Ridheema Sarpate (NGP) bt Isha Patil (TH) 21-13, 21-16; Safa Shaikh (PN) bt Shravni Patil (NSK) 19-21, 21-16, 21-16. Semifinals: Yutika Chavan (PN) bt Prakriti Sharma (BOR) 22-20, 21-13; Ridheema Sarpate (NGP) bt Safa Shaikh (PN) 21-9, 3-1 Ret. Boys Doubles (QF): Arjun Birajdar-Aryan Birajdar (TH) bt Malhar Ghadi-Nidhish More (PAL) 14-21, 21-19, 21-16; Arjun Reddy Aluguvelli (BAMU)-Yash Dhembare (TH) bt Jeeva Pillai-Priyanshu Dubey (NGP) 21-13, 19-21, 21-9; Om Gavandi-Sanidhya Ekade (TH) bt Om Nirhale-Shantanu Tarde (WASH) 21-10, 21-18; Avadhut Kadam-Ojas Joshi (PN) bt Aditya Poojary-Prasanna Manna (SNG) 28-26, 21-12. Semifinals: Arjun Birajdar-Aryan Birajdar (TH) bt Arjun Reddy Aluguvelli (BAMU)-Yash Dhembare (TH) 21-18, 21-9; Om Gavandi-Sanidhya Ekade (TH) bt Avadhut Kadam-Ojas Joshi (PN) 21-19, 17-21, 21-16. Girls Doubles (QF): Shravani Walekar (NSK)-Taarini Suri (GM) bt Juie Jadhav-Safa Shaikh (PN) 21-17, 21-14; Aditi Gawade (TH)-Yutika Chavan (PN) bt Hita Agrawal-Sia Waydande (NSK) 14-21, 21-17, 21-9; Shravni Patil (NSK)-Yashasvee Kale (PN) bt Pranali Wadar (SNG)-Shreya Rathod (AHM) 15-21, 21-10, 21-16; Krisha Soni-Nishika Gokhe (NGP) bt Jidnyasa Chaudhari and Riddhima Sahrawat (PN) 21-18, 19-21, 21-19. Semifinals: Shravani Walekar (NSK)-Taarini Suri (GM) bt Aditi Gawade (TH)-Yutika Chavan (PN) 21-12, 21-15; Krisha Soni-Nishika Gokhe (NGP) bt Shravni Patil (NSK)-Yashasvee Kale (PN) 21-8, 21-18. Mixed Doubles (QF): Sanidhya Ekade-Aditi Gawade (TH) bt Raghav Anasane-Vridhi Bang (WAR) 21-3, 21-15; Sarvesh Yadav (TH)-Shravani Walekar (NSK) bt Krishna Jasuja-Juie Jadhav (PN) 17-21, 21-17, 21-11; Yashraj Kadam-Ananya Agrawal (PN) bt Shrishail Bhaganagare-Shreya Rathod (AHM) 21-16, 21-19; Aditya Tripathi (PN)-Krisha Soni (NGP) bt Shriyans Phansalkar (SAT)-Vibha Patil (KOL) 21-14, 21-5. Semifinals: Sarvesh Yadav (TH)-Shravani Walekar (NSK) bt Sanidhya Ekade-Aditi Gawade (TH) 21-13, 21-14; Aditya Tripathi (PN)-Krisha Soni (NGP) bt Yashraj Kadam-Ananya Agrawal (PN) 21-14, 21-17.
Yahoo
16 hours ago
- Automotive
- Yahoo
Lithium-ion Battery Market A $182.5B Industry by 2030 How EV Adoption and the Energy Transition Are Powering Global Demand
CHICAGO and PUNE, India, June 27, 2025 /PRNewswire/ -- The Global Lithium-ion Battery Market size is projected to be valued at USD 60.3 billion in 2024 and reach USD 182.5 billion by 2030, growing at a CAGR of 20.3% according to a new report by The Research Insights. The lithium-ion battery market consists of advanced energy storage systems for electric vehicles, consumer electronics, grid storage, medical and industrial applications. The battery market comprises a primary battery chemistry of lithium iron phosphate (LFP), lithium titanate (LTO), lithium nickel cobalt aluminium oxide (NCA), lithium manganese oxide (LMO), lithium cobalt oxide (LCO), and nickel manganese cobalt (NMC), characterized by high energy density, enhanced safety, and longer cycle life. The governments 'clean energy and decarbonization policies aid the market further. Gigafactory expansion and recycling advancements will further solidify the supply chains to meet the increasing demand from across the globe. This mix of innovative technologies, policy tailwinds, and infrastructure expansion augurs well for lithium-ion batteries and cements it as a leading market for a sustainable energy future. The report runs an in-depth analysis of market trends, key players, and future opportunities. In general, the Lithium-ion Battery Market growth of 20.3% comprises a vast array of Product, Application and Geography which are expected to register strength during the coming years. For More Information and To Stay Updated on The Latest Developments in The Global Lithium-ion Battery Market Share, Download FREE Sample Pages: Market Overview and Growth Trajectory: Lithium-ion Battery Market Growth: According to an exhaustive report by The Research Insights, the Lithium-ion Battery Market is experiencing significant growth. The lithium-ion battery market is on a trajectory of robust growth fuelled by the confluence of several distinctive and emerging forces. A foremost driver is the unprecedented global shift toward electric vehicles (EVs), galvanized by the twin pressures of stringent emission standards, government incentives, and an ever-growing consumer appetite for eco-friendly mobility. Additionally, the advent of new battery chemistries, such as solid-state and lithium iron phosphate (LFP), is unlocking new frontiers in energy density, safety, and cost-effectiveness. At the same time, a revolution in renewable energy integration is catalysing the demand for grid-scale energy storage solutions, and lithium-ion batteries have emerged as a pivotal enabler for this much-needed energy arbitrage. Furthermore, the explosive expansion of the consumer electronics sector and a corresponding boom in portable devices, especially in developing economies, is also turbocharging the lithium-ion battery adoption. The trend is compounded by a strategic shift toward indigenous gigafactory investments and significant investments in battery recycling infrastructures that will further enhance the value chains. As multiple trends merge their forces, they reshape the energy landscape while lithium-ion batteries lead the forefront. The surging demand for electric vehicles (EVs): The meteoric rise of the electric vehicle (EV) market is one of the most potent catalysts for lithium-ion battery demand. Governments globally are tightening the screws on carbon emissions and, to compensate, have been generous with incentives like subsidies, tax exemptions, and investments in charging infrastructure to hasten the EV revolution. For example, leading economies like China, Germany, and the U.S. are fast phasing out the internal combustion engine in favor of EVs. Lithium-ion batteries find immense favor for EVs because of their superior energy density, light weight, long cycle life, and quicker charging times. Now, with automotive giants such as Tesla, BYD, Volkswagen, and General Motors expanding production lines and building gigafactories, the demand for Li-ion batteries is only expected to surge further. Bloomberg NEF predicts that EVs will account for over 50% of new vehicle sales by 2035, firmly establishing lithium-ion batteries as the technology of choice for the future of mobility. For Detailed Market Insights, Visit: The expansion of renewable energy integration and energy storage systems (ESS): As the world makes an accelerated transition toward renewables like solar and wind energy, there is a growing need for efficient energy storage solutions, which lithium-ion batteries can meet effectively. Renewable energy sources are intermittent and weather-dependent, which makes energy storage critical for maintaining grid reliability and stability. Battery-based ESS technologies are being widely deployed in residential, commercial, and utility-scale applications to store surplus energy and provide power during peak hours. Tesla's Megapack installations and energy storage projects in California, South Korea, and Europe by utility companies demonstrate the rising significance of lithium-ion batteries in grid modernization efforts. Not only does it improve energy reliability but also helps decouple electricity generation and consumption, thereby enabling smarter and more flexible energy systems. With ongoing investments in clean energy infrastructure at a historically high level, ESS applications are a significant and long-term growth driver for lithium-ion batteries. Technological advancements and cost reductions: Technological innovation has been a significant disruptor in the lithium-ion battery market. Continuous improvements in key performance parameters such as energy density, charging rate, safety, and life cycle, have made the batteries more effective and affordable. Material science breakthroughs, in particular the use of silicon-based anodes, solid-state electrolytes, and new cobalt-free chemistries, are overcoming traditional barriers such as overheating, flammability, and high cost. The development of next-generation LFP and nickel manganese cobalt (NMC) chemistries are giving battery manufacturers a wider palette of options that balance cost, energy density, and safety better. These innovations have led to a dramatic decline in the average price of lithium-ion batteries — from above $1,100/kWh in 2010 to less than $140/kWh in 2023 – opening the door for new applications for mobility and stationary use cases. Moreover, economies of scale driven by massive investments in gigafactories and supply chain efficiencies are expected to further enhance affordability and accessibility, fuelling market penetration. Stay Updated on The Latest Lithium-ion Battery Market Trends: Geographical Insights: The Asia Pacific region presently holds the highest market share of more than 47%, which will see a substantial expansion in the coming years. Growth of Europe is expected to be positive throughout the forecast period. This can be attributed to the increasing adoption of Li-ion batteries in a wide range of applications such as medical devices, aerospace and defence systems, automotive vehicles, energy storage systems, and telecommunications networks. Global Lithium-ion Battery Market Segmentation and Geographical Insights: Based on Product, the market is divided into Lithium Cobalt Oxide (LCO), Lithium Iron Phosphate (LFP), Lithium Nickel Cobalt Aluminum Oxide (NCA), Lithium Manganese Oxide (LMO), Lithium Titanate, and Lithium Nickel Manganese Cobalt (LMC). LCO accounted for over 30.0% of the market share in 2023, driven by its widespread adoption in mobile phones, tablets, laptops, and cameras due to its exceptional energy density and safety features. Based on Application, the market is divided into, Automotive, Consumer Electronics, Industrial, Energy Storage Systems, and Medical Devices. In 2023, the consumer electronics sector emerged as a leading player in the market, accounting for over 31% of total revenue share. The proliferation of portable batteries can be observed in an array of devices such as smartphones, laptops, computers, tablets, flashlights, and LED lighting, among others. The Lithium-ion Battery Market is segmented into five major regions: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Purchase Premium Copy of Global Lithium-ion Battery Market Size and Growth Report (2024-2030) at: Key Players and Competitive Landscape: The Global Lithium-ion Battery Market is characterized by the presence of several major players, including: BYD Co., Ltd. A123 Systems LLC Hitachi, Ltd. Johnson Controls LG Chem Panasonic Corp. Saft Samsung SDI Co., Ltd. Toshiba Corp. GS Yuasa International Ltd. These companies are adopting strategies such as new product launches, joint ventures, and geographical expansion to maintain their competitive edge in the market. Global Lithium-ion Battery Market Recent Developments and Innovations: In May 2025, Contemporary Amperex Technology Co., Limited (CATL) announced the industrial-scale launch of TENER Stack, the world's first 9 MWh ultra-large capacity energy storage system, at Entry/Exit System (EES) Europe 2025. Developed in response to growing global demand for ultra-high-density, flexible, and transportable energy storage systems, the TENER Stack is designed for utilities, developers, and industrial users. It offers a more optimal use of space, better energy efficiency, and enhanced cost performance, supporting a wide range of use cases, from AI data centers to industrial electrification. In April 2025, LG Energy Solution signed a joint venture (JV) agreement with French metal recycling company Derichebourg Multiservices. This partnership is to reinforce its closed-loop battery recycling system and further expand its competitiveness in the European value chain. The joint venture will build a pre-processing facility in Bruyères-sur-Oise, a northern region of France, to extract the black mass. The construction will commence in 2026, with commercial operations to follow in 2027. In April 2025, CALB unveiled its latest energy storage technologies at the 2025 ESIE Summit, and it has started global mass production of its 392 Ah cell and 6.25 MWh liquid-cooled container system. The company also introduced the 314Gen2.0 ultra-long-cycle cell and the 640 Ah high-capacity cell, solidifying its differentiated portfolio of advanced, reliable, high-performance energy storage solutions. In March 2025, LG Energy Solution signed an agreement with PGE Polska Grupa Energetyczna S.A. (PGE), Poland's largest energy provider, to supply 981 MWh of grid-scale energy storage system (ESS) batteries between 2026 and 2027. It will be LG's first large-scale ESS deployment using batteries manufactured in its Poland facility. The two companies will jointly develop a battery energy storage facility in Żarnowiec, Poland, with commercial operations slated to commence in 2027. The turnkey solution includes containerized systems and EPC services. In March 2025, Samsung SDI started production of its 46-series cylindrical batteries, featuring next-generation NCA cathode and SCN anode technologies. The initial supply of the new battery is expected to be made for a US customer's micro-mobility applications. The battery is made in South Korea, where Samsung SDI has been producing the 46-series cylindrical cells since February 2025, and will be assembled in Vietnam. The latest development is a significant milestone for Samsung SDI, as it is the first Korean battery company to ship 46-series cells to customers overseas. The company plans to expand its production and supply in overseas markets. For Region-Specific Market Data, Check Out Brief Sample Pages: Frequently Asked Questions (FAQs): What is the forecasted market size of the Lithium-ion Battery Market in 2030?➢ The forecasted market size of the Lithium-ion Battery Market is USD 182.5 billion in 2030. Who are the leading players in the Lithium-ion Battery Market?➢ The key players in the Lithium-ion Battery Market include, BYD Co., Ltd.; A123 Systems LLC; Hitachi, Ltd.; Johnson Controls; LG Chem; NEC Corp.; Panasonic Corp.; Saft; Samsung SDI Co., Ltd.; Toshiba Corp.; GS Yuasa International Ltd.; and Narada Power Source Co., Ltd. What are the major drivers for the Lithium-ion Battery Market? ➢ The global lithium-ion battery market is poised for significant growth, driven by the increasing demand for automotive applications due to the low cost of lithium-ion batteries. Which is the largest region during the forecasted period in the Lithium-ion Battery Market?➢ The Asia Pacific region currently dominates the market with a share exceeding 47%, set to experience significant growth over the next few years. Which is the largest segment, by application, during the forecasted period in the Lithium-ion Battery Market?➢ In 2023, the consumer electronics sector emerged as a leading player in the market, accounting for over 31% of total revenue share. Conclusion: The landscape of lithium-ion battery technology is being fundamentally redefined by rapid advancements and a burgeoning demand for energy storage solutions across multiple domains. The ongoing global shift towards sustainability and carbon neutrality is only further amplifying the adoption curve of lithium-ion batteries, given their high energy density, extended lifecycle, and rapid charging capabilities. Investments in enhancing supply chains, coupled with breakthroughs in materials and the development of solid-state alternatives, are poised to significantly improve battery safety, performance, and cost-effectiveness. However, the real-time integration of smart Battery Management Systems (BMS) with robust features for real-time monitoring and predictive maintenance becomes critical to optimize utilization and extend lifecycle. Moreover, the adoption of battery recycling strategies and second-life applications will be increasingly important to meet the twin goals of circular economy and reduced environmental impact. As lithium-ion technology continues to evolve, it is poised to be at the centre of powering the future, ushering in a new era of cleaner and more connected energy. Need A Diverse Region or Sector? Customize Research to Suit Your Requirement: The report from The Research Insights, therefore, provides several stakeholders—manufacturers, suppliers, raw material providers, regulatory bodies, end-use industries, investors, and research institutions—with valuable insights into how to successfully navigate this evolving market landscape and unlock new opportunities. With projected growth to US$ 182.5 billion by 2030, the Global Lithium-ion Battery Market represents a significant opportunity for startups, technology disruptors, sustainability advocates, recyclers, and market speculators, can position themselves for success in this dynamic and evolving market landscape. Check out more related studies published by The Research Insights: Residential Lithium-ion Battery Energy Storage Systems Market: The Global Residential Lithium-ion Battery Energy Storage Systems Market is expected to reach at USD 48.81 billion by 2030, according to a new report by The Research Insights. It is projected to expand at a CAGR of 32.1% during the forecast period. The burgeoning residential energy storage market has witnessed remarkable growth over recent years, driven largely by the increasing popularity of solar panels and other renewable energy solutions. Automotive Lithium-Ion Battery Market: According to a report Global Automotive Lithium-Ion Battery Market by The Research Insights, the market is primarily driven by the rapidly growing demand for electric vehicles (EVs) and the urgent need to curb carbon emissions. Lithium-ion Battery Cathode Market - The global lithium-ion battery cathode market is poised for significant growth, with an estimated USD 22.16 billion valuation in 2022 and a forecasted compound annual growth rate (CAGR) of 19.9% from 2023 to 2030. The market's trajectory is closely tied to the expanding electric vehicle supply equipment (EVSE) sector, which has substantial implications for the lithium-ion battery cathode industry. Lithium-Ion Battery Solvent Market - The global lithium-ion battery solvent market is anticipated to reach USD 450.32 million by 2023, with a compound annual growth rate (CAGR) of 18.1% forecasted between 2024 and 2030. The surge in demand for electrolyte solvents from the automotive sector, driven by the growing popularity of electric vehicles, is a key factor contributing to this projected expansion. Lithium-ion Battery Binders Market - The global lithium-ion battery binders market is poised for significant growth, with an estimated USD 1.88 billion in sales in 2023. Over the next six years, it's expected to expand at a Compound Annual Growth Rate (CAGR) of 18.3%, driven by the rising popularity of electric vehicles (EVs). As EVs become increasingly mainstream, manufacturers are turning to high-performance lithium-ion batteries to power these vehicles, making binder technology an essential component in their development. Lithium-ion Battery Recycling Market - The global lithium-ion battery recycling market is poised for significant growth, fueled by the growing adoption of electric vehicles and consumer electronics. As of 2023, the market size was estimated at USD 138.62 million, with a projected CAGR of 44.8% from 2024 to 2030. This rapid expansion can be attributed in part to the increasing popularity of electric cars and gadgets, which is driving up demand for recycled lithium-ion batteries. Browse More related reports on Energy & Power Industry Market Reports – About Us: The Research Insights provides thoroughly conducted research which is backed up by real-time statistics and data. Our experts are eager to help you with any information required under the sun. The key to our success is keeping abreast with the markets, industries, and ever-changing consumer trends that matter. Our market research professionals have in-depth knowledge and expertise across various domains that includes IT and Telecom, Emerging Technologies, Consumer Offerings, Manufacturing and Others. We are committed to reviewing the scope and procedure of the research studies that you select and provide you with an accurate guidance in order to assist you in taking the correct business decisions. Contact Us:If you have any queries about this report or if you would like further information, please contact us: Contact Person: Kaushik RoyE-mail: sales@ +1-312-313-8080Blog: Press Release: Latest News: | Logo: View original content: SOURCE The Research Insights Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 days ago
- Business
- Yahoo
Smart Warehousing Market Outlook 2030 How IoT, AI, and Automation Are Reshaping Modern Logistics Exclusive Report by The Research Insights
CHICAGO and PUNE, India, June 26, 2025 /PRNewswire/ -- The Smart Warehousing Market Share is projected to be valued at USD 22.83 billion in 2023 and reach USD 57.97 billion by 2030, growing at a CAGR of 14.2% according to a new report by The Research Insights. Growth is being driven by the increasing adoption of the IoT, AI, and robotics in warehouse operations, along with the high demand for real time visibility and reduced time and errors in order fulfilment. These technologies are being implemented to make warehouse operations faster, more efficient, agile and intelligent. The report runs an in-depth analysis of market trends, key players, and future opportunities. In general, the Smart Warehousing Market growth of 14.2% comprises a vast array of Component, Deployment, Technology, Application, Warehouse Size, Vertical, and Geography which are expected to register strength during the coming years. For More Information and To Stay Updated on The Latest Developments in The Global Smart Warehousing Market Size, Download FREE Sample Pages: Market Overview and Growth Trajectory: Smart Warehousing Market Growth: According to an exhaustive report by The Research Insights, the Smart Warehousing Market is experiencing significant growth. The growth of the smart warehousing market is primarily being driven by the convergence of several transformative technologies with evolving demands within the logistics and supply chain industries. One of the primary drivers is the explosive growth of e-commerce and omnichannel retailing, which requires faster, more accurate and efficient order fulfilment to meet rising customer expectations. This boom is putting pressure on businesses to streamline their logistics operations and shift away from traditional warehousing models in favor of automated, data-driven solutions. The integration of AI and machine learning technologies into warehouse operations is also playing a crucial role by enabling predictive analytics and real-time decision-making. This is significantly improving efficiency and responsiveness to dynamic market conditions. The proliferation of robotics, including autonomous mobile robots (AMRs), is revolutionizing material handling, which is further accelerated by global labor shortages. In parallel, the increasing focus on sustainability is also spurring the adoption of energy-efficient systems and smart infrastructure with a reduced environmental footprint. The adoption of cloud-based WMS, coupled with IoT sensors and 5G connectivity, is facilitating scalable, flexible warehouse operations with real-time visibility and enhanced control. These trends, combined with the reshaping of consumer expectations, are driving the rapid transformation of warehousing into smart, resilient, and interconnected ecosystems. Rapid Growth of E-commerce and Omnichannel Retailing: The exponential growth of e-commerce is one of the primary drivers of the smart warehousing market. E-commerce behemoths such as Amazon, Alibaba and Walmart have significantly raised customer expectations in terms of delivery speed, inventory availability, and order accuracy. To keep pace, companies are transitioning from traditional storage models to smarter warehouses equipped with automation, robotics, and real-time inventory tracking. Omnichannel retail is also fueling the adoption of smart warehousing systems by adding complexity to the management of inventory and order fulfillment. Integrating advanced software, automated picking and packing, and warehouse management systems (WMS) solutions can help businesses seamlessly manage orders from multiple channels with reduced errors and faster fulfillment times. As the global e-commerce market is set to continue its meteoric growth, the need for scalable, intelligent warehousing solutions is also growing. For Detailed Market Insights, Visit: Advancements in Automation, Robotics and AI Technologies: Innovation in automation, robotics, and artificial intelligence (AI) technologies is another key driver of the smart warehousing revolution. The integration of advanced technologies such as autonomous mobile robots (AMRs), AI-powered analytics, Internet of Things (IoT), and machine learning into warehouse operations is fundamentally transforming logistics and inventory management practices. AMRs can navigate warehouse floors to transport goods with reduced labor costs and lower human errors. AI and machine learning algorithms can significantly improve demand forecasting, route optimization, and resource management. IoT-enabled sensors and RFID tags provide real-time visibility into inventory levels, equipment status, and environmental conditions. WMS solutions have evolved to integrate predictive analytics capabilities and are cloud-based allowing greater agility in decision making. These technological innovations are not only helping companies improve their operational efficiency, but they are also enabling them to scale their logistics operations more effectively to meet fluctuating market demands. This is making smart warehousing an essential building block of modern supply chains. Labor Shortages and the Rising Cost of Manual Operations: The global logistics and warehousing industry is currently experiencing a skilled labor shortage, with rising wages and high turnover rates further compounding the challenge. The warehousing and storage sector has experienced a record-breaking level of job openings in recent years, according to the U.S. Bureau of Labor Statistics. This labor shortage is one of the biggest contributing factors that have led to businesses looking to increase their smart warehouse spending to reduce their overall human labor and its associated costs. These smart solutions can help companies to operate 24/7 with little downtime to further create a significant cost saving over time. The minimization of human labor in warehousing also reduces risks to human health and safety by delegating repetitive and potentially strenuous tasks to automated machines and robots. For companies that are still relying on manual warehousing operations for fulfillment, it is becoming necessary to consider an upgrade to a smart warehouse solution to remain competitive, efficient and cost-effective. Stay Updated on The Latest Smart Warehousing Market Trends: Geographical Insights: North America had the maximum market share of around 31.8% in the smart warehousing market. This is attributed to the presence of a robust technology infrastructure and a well-established logistics and warehousing sector in the region. The region is also a host to several leading e-commerce and retail companies, which further accelerates the adoption of smart warehousing solutions to efficiently meet the growing demand for their supply chain operations. The recent explosion of online shopping has resulted in an increased requirement for warehouses to provide efficient and faster order fulfillment, real-time tracking of orders and improved inventory management capabilities. All these factors have led to companies investing in new warehouse automation technologies, robotics, and warehouse management systems (WMS) solutions in order to remain agile and efficient in the long run. Asia Pacific is expected to register the highest CAGR of around 15.2% over the forecast period owing to the rising adoption of automated and robotics technologies for several warehousing and supply chain operations. The rising e-commerce trend has also increased the requirement for warehouses for efficient warehouse management and tracking systems, real-time inventory data, and operational workflows. To cater to the demand, companies have been rapidly investing in cutting-edge technologies such as Autonomous Mobile Robots (AMRs) and conveyor systems in order to automate several warehousing activities such as material handling and packaging which has resulted in reducing the labor requirements and the overall operational costs. Global Smart Warehousing Market Segmentation and Geographical Insights: Based on Component, the Smart Warehousing market is divided into, Hardware, Software, and Services. The hardware segment dominated the market with a share of 50.1%. Based on Deployment, the Smart Warehousing market is divided into, Cloud, and On-premises. The on-premises segment holds a substantial lead in the smart warehousing market, accounting for 55.9% of the total share Based on Technology, the Smart Warehousing market is divided into, IoT, Robotics and Automation, AI and Analytics, Networking and Communication, AR and VR, Others. The robotics and automation segment dominated the landscape, accounting for 31.8% of total market share. Based on Application, the Smart Warehousing market is divided into, Inventory Management, Order Fulfillment, Asset Tracking, Predictive Analytics, and Others. Fulfillment currently dominating the landscape at 33.9%. Based on Warehouse Size, the Smart Warehousing market is divided into, Small, Medium, and Large. Large warehouses making up 48.0% of total revenue. Based on Vertical, the Smart Warehousing market is divided into, Transportation & Logistics, Retail & E-commerce, Manufacturing, Healthcare, Energy and Utilities, Automotive, Food & Beverages, and Others. The transportation & logistics segment held the largest share of 19.8% of the overall revenue. The Smart Warehousing Market is segmented into five major regions: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Purchase Premium Copy of Global Smart Warehousing Market Size and Growth Report (2023-2030) at: Key Players and Competitive Landscape: The Global Smart Warehousing Market is characterized by the presence of several major players, including: Honeywell International Inc. Siemens Zebra Technologies Corporation IBM Corporation Oracle Corporation SAP SE KION Group AG Cognex Corporation ABB Ltd. Tecsys, Inc. Manhattan Associates PSI Logistics Reply These companies are adopting strategies such as new product launches, joint ventures, and geographical expansion to maintain their competitive edge in the market. Global Smart Warehousing Market Recent Developments and Innovations: In May 2025. Blue Yonder acquired Pledge Earth Technologies Ltd to enhance its end-to-end supply chain platform with accredited carbon emissions reporting capabilities. Pledge's software solutions help businesses measure, track and manage their carbon emissions throughout logistics operations, supporting adherence to global sustainability standards and promoting transparency in supply chain carbon management. In May 2025. Samsung SDS and SAP extend their strategic partnership to expand cloud ERP services to regulated industries, including finance, public sector, and defense. The collaboration will support cloud ERP migration and integration of AI and hyper-automation solutions to help customers modernize their operations, including warehouse and supply chain management and compliance. In April 2025. Uniserve and Logistics Reply have partnered to implement LEA Reply, a cloud-native, microservices-based Warehouse Management System (WMS) for its existing operations. LEA Reply helps Uniserve in scaling its operations seamlessly while boosting efficiency and productivity. It also provides real-time visibility into all inventory and warehouse operations across its supply chain. Uniserve plans to leverage this partnership for future expansion of solutions and services like AI, inventory drones, yard management, and dock scheduling, as well. In January 2025. Blue Yonder and Rhenus Warehousing Solutions, a leading logistics service provider, have announced a strategic partnership to standardize warehouse operations globally. The two companies plan to implement Blue Yonder's Warehouse Management System (WMS) across Rhenus Warehousing Solutions' facilities to streamline processes, increase scalability and consistency. For Region-Specific Market Data, Check Out Brief Sample Pages: Frequently Asked Questions (FAQs): What is the forecasted market size of the Smart Warehousing Market in 2030?The forecasted market size of the Smart Warehousing Market is USD 57.97 billion in 2030. Who are the leading players in the Smart Warehousing Market?The key players in the Smart Warehousing Market include, Honeywell International Inc.; Siemens; Zebra Technologies Corporation; IBM Corporation; Oracle Corporation; SAP SE; KION Group AG; Cognex Corporation; ABB Ltd.; Tecsys, Inc.; Manhattan Associates; PSI Logistics; and Reply. What are the major drivers for the Smart Warehousing Market? The market's expansion can be attributed to the increasing adoption of automation and robotics solutions, as well as the rapid growth of the e-commerce industry. Which is the largest region during the forecasted period in the Smart Warehousing Market?The North America had the maximum market share of around 31.8% in the smart warehousing market. Which is the largest segment, by warehouse sizes, during the forecasted period in the Smart Warehousing Market?The Large warehouses making up 48.0% of total revenue. Conclusion: The transformation of warehousing into smart ecosystems is being driven by a combination of new technologies including artificial intelligence (AI), the IoT, robotics, and cloud computing. These new smart warehouse technologies are helping to fundamentally reframe traditional supply chain and inventory management practices. The rise in the adoption of e-commerce and the demand for faster order fulfillment, labor shortage, and the increased complexity in logistics operations, are some of the other factors that have led to the increasing installation of automated and smart warehousing solutions. Smart warehouses use a combination of real-time data analytics, AMRs, autonomous guided vehicles (AGVs), and connected devices to help in optimizing storage, streamline operations and drive better decision-making. These smart devices and systems are seamlessly integrated with each other through the IoT to also facilitate predictive maintenance, energy efficiency and adaptive allocation of warehouse resources. As a fundamental part of the broader Industrial 4.0 movements, smart warehousing is helping drive and enable end-to-end digital logistics and responsive distribution networks as well. Further innovation in AI and machine learning, sensor fusion, and human-machine interfaces is helping to improve the agility, efficiency, safety and scalability of warehousing operations for commerce in the future. Need A Diverse Region or Sector? Customize Research to Suit Your Requirement: The report from The Research Insights, therefore, provides several stakeholders— logistics companies, warehouse operators, supply chain managers, technology providers, and regulatory bodies — with valuable insights into how to successfully navigate this evolving market landscape and unlock new opportunities. With projected growth to US$ 57.97 billion by 2030, the Global Smart Warehousing Market represents a significant opportunity for AI developers, IoT solution innovators, robotics manufacturers, data analytics startups, and cloud service providers, can position themselves for success in this dynamic and evolving market landscape. Check out more related studies published by The Research Insights: Warehousing Market: The Global Warehousing Market is expected to reach at USD 1.73 trillion by 2030, according to a new report by The Research Insights. It is projected to expand at a CAGR of 8.1% during the forecast period. This expansion can be attributed to several factors, including the rapid growth of e-commerce and increasing globalization that has led to heightened supply chain complexity. High-tech Logistics Market: The Global High-tech Logistics Market is expected to reach at USD 100.24 billion by 2030, according to a new report by The Research Insights. The growth is fuelled by the increasing requirement for reliable logistics services that can handle sensitive, high-value products used across sectors such as semiconductors, consumer electronics, telecommunications, and medical devices. 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Indian Express
3 days ago
- Business
- Indian Express
Cabinet approves Pune Metro Phase-2 corridors
The Union Cabinet Wednesday approved two Pune Metro Phase-2 corridors, with a total length of 12.75 km and estimated project cost of `3,626.24 crore. The Vanaz to Chandani Chowk and Ramwadi to Wagholi/Vitthalwadi corridors were approved at a meeting chaired by Prime Minister Narendra Modi. The two corridors will have 13 stations and connect 'fast-developing suburbs such as Chandani Chowk, Bavdhan, Kothrud, Kharadi and Wagholi', a government statement said. The project is estimated to take four years to complete, it said. The costs would be borne by the Union government, Maharashtra government and external bilateral/multilateral agencies. 'These extensions will serve key IT hubs, commercial areas, educational institutions, and residential pockets, increasing the share of public transport and ridership across the network. The new corridors will also integrate at the District Court Interchange Station with Line-1 (Nigdi–Katraj) and Line-3 (Hinjewadi–District Court) to enable seamless multimodal urban travel. Under long-term mobility planning, intercity bus services from cities like Mumbai and Bengaluru will be integrated at Chandani Chowk, while those from Ahilya Nagar and Chhatrapati Sambhaji Nagar will connect at Wagholi, allowing passengers to easily access Pune's Metro system,' the statement read. Announcing the decision at a press briefing, Information and Broadcasting Minister Ashwini Vaishnaw said the Pune Metro had an operational network of 33.28 km under Line 1 and Line 2. Another 33 km was under construction, he said. The corridors approved on Wednesday would be extensions to Line 2. When these corridors are completed, the daily ridership on Line 2 was projected to grow from 96,000 in 2027 to 2.01 lakh in 2037, 2.87 lakh in 2047 and 3.49 lakh in 2057, the government statement said.
