Global Copper Market to Reach $298.4 Billion by 2030
The global market for Copper estimated at US$170.6 Billion in the year 2022, is projected to reach a revised size of US$298.4 Billion by 2030, growing at a CAGR of 7.2% over the analysis period 2022-2030. Electrical & Electronics, one of the segments analyzed in the report, is projected to record 8.7% CAGR and reach US$134.4 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Building & Construction segment is readjusted to a revised 5.5% CAGR for the next 8-year period.
The U.S. Market is Estimated at $46.5 Billion, While China is Forecast to Grow at 11.5% CAGR
The Copper market in the U.S. is estimated at US$46.5 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$68.4 Billion by the year 2030 trailing a CAGR of 11.5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.2% and 5.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.4% CAGR.Select Competitors (Total 122 Featured) -
- Anglo American Plc
- Antofagasta Plc
- BHP Billiton Group
- Codelco
- First Quantum Minerals Ltd.
- Grupo México S.A.B. DE C.V
- Jiangxi Copper Co. Ltd.
- JX Nippon Mining & Metals Corp.
- KGHM Polska MiedŸ S.A
- KME AG
- Mitsubishi Materials Corp.
- Mitsui Mining & Smelting Co. Ltd.
- Norilsk Nickel
- OM Group Inc.
- Rio Tinto Group
- Sumitomo Metal Mining Co., Ltd.
- Teck Resources Ltd.
- UMMC Holding Corp.
- Vale Ltd.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARYIII. MARKET ANALYSISSOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- Market Overview
- Recent Market Activity
- Current & Future Analysis
- Emerging Countries Offer Strong Growth Prospects
- China Remains a Major Force in the Copper Industry
- Pricing Scenario
- Improvement in PMI Signals Growth
- Copper - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
- Anglo American PLC (UK)
- Antofagasta Plc (UK)
- Aurubis AG (Germany)
- BHP Billiton Group (Australia)
- Codelco (Chile)
- First Quantum Minerals Ltd. (Canada)
- Freeport-McMoRan Copper & Gold Inc. (USA)
- Grupo México S.A.B. DE C.V (Mexico)
- Global Brass and Copper, Inc (USA)
- Jiangxi Copper Company Limited (China)
- JX Nippon Mining & Metals Corporation (Japan)
- KGHM Polska Miedz S.A. (Poland)
- KME AG (Germany)
- Mitsubishi Materials Corporation (Japan)
- Mitsui Mining & Smelting Co. Ltd (Japan)
- Norilsk Nickel (Russia)
- Rio Tinto Group (UK)
- Sumitomo Metal Mining Co., Ltd (Japan)
- Teck Resources Limited (Canada)
- The Furukawa Electric Co. (Japan)
- UMMC Holding Corporation (Russia)
- Vale Limited (Canada)
3. MARKET TRENDS & DRIVERS
- Electric Vehicles Steer Growth for Copper
- Factors Driving Popularity of EVs
- Select Countries with Proposed Government Phase-out of Internal Combustion Engine Sales
- Renewable Energy Technologies: An Expanding Opportunity Market
- Wind Power Generation Offers Significant Growth
- Solar Photovoltaics Market - A Promising Market
- CIGS - An Emerging Thin Film Technology Gaining Immense Popularity
- Rising Focus on Ramping-Up Power Generation Infrastructure Drives Demand for Copper
- Bactericidal Property Supports Use of Copper Tubes in Water Distribution Systems
- Copper Tubes Gain Prominence in Heating Systems
- Copper Tubes Benefit from Opportunities in the Automotive Sector
- Opportunity Indicators
- Growing Proliferation of Consumer Electronic Devices to Drive Demand
- Electric Home Appliances - Key End-Users of Copper
- HVAC Sector Offers Improved Opportunities
- Copper Enjoys Widespread Application in Telecommunications Sector
- Growth in the Construction Sector to Benefit Demand
- Urbanization Underpins Demand for Copper-Based Products
- Copper Products: Key Statistical Findings
4. GLOBAL MARKET PERSPECTIVE
- Table 1: World Recent Past, Current & Future Analysis for Copper by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 2: World Historic Review for Copper by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 3: World 16-Year Perspective for Copper by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2023 & 2030
- Table 4: World Recent Past, Current & Future Analysis for Electrical & Electronics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 5: World Historic Review for Electrical & Electronics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 6: World 16-Year Perspective for Electrical & Electronics by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
- Table 7: World Recent Past, Current & Future Analysis for Building & Construction by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 8: World Historic Review for Building & Construction by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 9: World 16-Year Perspective for Building & Construction by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
- Table 10: World Recent Past, Current & Future Analysis for Transportation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 11: World Historic Review for Transportation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 12: World 16-Year Perspective for Transportation by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
- Table 13: World Recent Past, Current & Future Analysis for Consumer & General Products by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 14: World Historic Review for Consumer & General Products by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 15: World 16-Year Perspective for Consumer & General Products by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
- Table 16: World Recent Past, Current & Future Analysis for Industrial Machinery & Equipment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 17: World Historic Review for Industrial Machinery & Equipment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 18: World 16-Year Perspective for Industrial Machinery & Equipment by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
- Table 19: World Copper Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
UNITED STATES
- Copper Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
- Table 20: USA Recent Past, Current & Future Analysis for Copper by End-Use - Electrical & Electronics, Building & Construction, Transportation, Consumer & General Products and Industrial Machinery & Equipment - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 21: USA Historic Review for Copper by End-Use - Electrical & Electronics, Building & Construction, Transportation, Consumer & General Products and Industrial Machinery & Equipment Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 22: USA 16-Year Perspective for Copper by End-Use - Percentage Breakdown of Value Sales for Electrical & Electronics, Building & Construction, Transportation, Consumer & General Products and Industrial Machinery & Equipment for the Years 2014, 2023 & 2030
CANADA
- Table 23: Canada Recent Past, Current & Future Analysis for Copper by End-Use - Electrical & Electronics, Building & Construction, Transportation, Consumer & General Products and Industrial Machinery & Equipment - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 24: Canada Historic Review for Copper by End-Use - Electrical & Electronics, Building & Construction, Transportation, Consumer & General Products and Industrial Machinery & Equipment Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 25: Canada 16-Year Perspective for Copper by End-Use - Percentage Breakdown of Value Sales for Electrical & Electronics, Building & Construction, Transportation, Consumer & General Products and Industrial Machinery & Equipment for the Years 2014, 2023 & 2030
JAPAN
- Copper Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
- Table 26: Japan Recent Past, Current & Future Analysis for Copper by End-Use - Electrical & Electronics, Building & Construction, Transportation, Consumer & General Products and Industrial Machinery & Equipment - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 27: Japan Historic Review for Copper by End-Use - Electrical & Electronics, Building & Construction, Transportation, Consumer & General Products and Industrial Machinery & Equipment Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 28: Japan 16-Year Perspective for Copper by End-Use - Percentage Breakdown of Value Sales for Electrical & Electronics, Building & Construction, Transportation, Consumer & General Products and Industrial Machinery & Equipment for the Years 2014, 2023 & 2030
CHINA
- Copper Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
- Table 29: China Recent Past, Current & Future Analysis for Copper by End-Use - Electrical & Electronics, Building & Construction, Transportation, Consumer & General Products and Industrial Machinery & Equipment - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 30: China Historic Review for Copper by End-Use - Electrical & Electronics, Building & Construction, Transportation, Consumer & General Products and Industrial Machinery & Equipment Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 31: China 16-Year Perspective for Copper by End-Use - Percentage Breakdown of Value Sales for Electrical & Electronics, Building & Construction, Transportation, Consumer & General Products and Industrial Machinery & Equipment for the Years 2014, 2023 & 2030
EUROPE
- Copper Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
- Table 32: Europe Recent Past, Current & Future Analysis for Copper by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 33: Europe Historic Review for Copper by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 34: Europe 16-Year Perspective for Copper by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2014, 2023 & 2030
- Table 35: Europe Recent Past, Current & Future Analysis for Copper by End-Use - Electrical & Electronics, Building & Construction, Transportation, Consumer & General Products and Industrial Machinery & Equipment - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 36: Europe Historic Review for Copper by End-Use - Electrical & Electronics, Building & Construction, Transportation, Consumer & General Products and Industrial Machinery & Equipment Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 37: Europe 16-Year Perspective for Copper by End-Use - Percentage Breakdown of Value Sales for Electrical & Electronics, Building & Construction, Transportation, Consumer & General Products and Industrial Machinery & Equipment for the Years 2014, 2023 & 2030
FRANCE
- Copper Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
- Table 38: France Recent Past, Current & Future Analysis for Copper by End-Use - Electrical & Electronics, Building & Construction, Transportation, Consumer & General Products and Industrial Machinery & Equipment - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 39: France Historic Review for Copper by End-Use - Electrical & Electronics, Building & Construction, Transportation, Consumer & General Products and Industrial Machinery & Equipment Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 40: France 16-Year Perspective for Copper by End-Use - Percentage Breakdown of Value Sales for Electrical & Electronics, Building & Construction, Transportation, Consumer & General Products and Industrial Machinery & Equipment for the Years 2014, 2023 & 2030
GERMANY
- Copper Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
- Table 41: Germany Recent Past, Current & Future Analysis for Copper by End-Use - Electrical & Electronics, Building & Construction, Transportation, Consumer & General Products and Industrial Machinery & Equipment - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 42: Germany Historic Review for Copper by End-Use - Electrical & Electronics, Building & Construction, Transportation, Consumer & General Products and Industrial Machinery & Equipment Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 43: Germany 16-Year Perspective for Copper by End-Use - Percentage Breakdown of Value Sales for Electrical & Electronics, Building & Construction, Transportation, Consumer & General Products and Industrial Machinery & Equipment for the Years 2014, 2023 & 2030
ITALY
- Table 44: Italy Recent Past, Current & Future Analysis for Copper by End-Use - Electrical & Electronics, Building & Construction, Transportation, Consumer & General Products and Industrial Machinery & Equipment - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 45: Italy Historic Review for Copper by End-Use - Electrical & Electronics, Building & Construction, Transportation, Consumer & General Products and Industrial Machinery & Equipment Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 46: Italy 16-Year Perspective for Copper by End-Use - Percentage Breakdown of Value Sales for Electrical & Electronics, Building & Construction, Transportation, Consumer & General Products and Industrial Machinery & Equipment for the Years 2014, 2023 & 2030
UNITED KINGDOM
- Copper Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
- Table 47: UK Recent Past, Current & Future Analysis for Copper by End-Use - Electrical & Electronics, Building & Construction, Transportation, Consumer & General Products and Industrial Machinery & Equipment - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 48: UK Historic Review for Copper by End-Use - Electrical & Electronics, Building & Construction, Transportation, Consumer & General Products and Industrial Machinery & Equipment Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 49: UK 16-Year Perspective for Copper by End-Use - Percentage Breakdown of Value Sales for Electrical & Electronics, Building & Construction, Transportation, Consumer & General Products and Industrial Machinery & Equipment for the Years 2014, 2023 & 2030
SPAIN
- Table 50: Spain Recent Past, Current & Future Analysis for Copper by End-Use - Electrical & Electronics, Building & Construction, Transportation, Consumer & General Products and Industrial Machinery & Equipment - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 51: Spain Historic Review for Copper by End-Use - Electrical & Electronics, Building & Construction, Transportation, Consumer & General Products and Industrial Machinery & Equipment Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 52: Spain 16-Year Perspective for Copper by End-Use - Percentage Breakdown of Value Sales for Electrical & Electronics, Building & Construction, Transportation, Consumer & General Products and Industrial Machinery & Equipment for the Years 2014, 2023 & 2030
RUSSIA
- Table 53: Russia Recent Past, Current & Future Analysis for Copper by End-Use - Electrical & Electronics, Building & Construction, Transportation, Consumer & General Products and Industrial Machinery & Equipment - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 54: Russia Historic Review for Copper by End-Use - Electrical & Electronics, Building & Construction, Transportation, Consumer & General Products and Industrial Machinery & Equipment Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 55: Russia 16-Year Perspective for Copper by End-Use - Percentage Breakdown of Value Sales for Electrical & Electronics, Building & Construction, Transportation, Consumer & General Products and Industrial Machinery & Equipment for the Years 2014, 2023 & 2030
REST OF EUROPE
- Table 56: Rest of Europe Recent Past, Current & Future Analysis for Copper by End-Use - Electrical & Electronics, Building & Construction, Transportation, Consumer & General Products and Industrial Machinery & Equipment - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 57: Rest of Europe Historic Review for Copper by End-Use - Electrical & Electronics, Building & Construction, Transportation, Consumer & General Products and Industrial Machinery & Equipment Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 58: Rest of Europe 16-Year Perspective for Copper by End-Use - Percentage Breakdown of Value Sales for Electrical & Electronics, Building & Construction, Transportation, Consumer & General Products and Industrial Machinery & Equipment for the Years 2014, 2023 & 2030
ASIA-PACIFIC
- Copper Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
- Table 59: Asia-Pacific Recent Past, Current & Future Analysis for Copper by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 60: Asia-Pacific Historic Review for Copper by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 61: Asia-Pacific 16-Year Perspective for Copper by Geographic Region - Percentage Breakdown of Value Sales for Australia, India, South Korea and Rest of Asia-Pacific Markets for Years 2014, 2023 & 2030
- Table 62: Asia-Pacific Recent Past, Current & Future Analysis for Copper by End-Use - Electrical & Electronics, Building & Construction, Transportation, Consumer & General Products and Industrial Machinery & Equipment - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 63: Asia-Pacific Historic Review for Copper by End-Use - Electrical & Electronics, Building & Construction, Transportation, Consumer & General Products and Industrial Machinery & Equipment Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 64: Asia-Pacific 16-Year Perspective for Copper by End-Use - Percentage Breakdown of Value Sales for Electrical & Electronics, Building & Construction, Transportation, Consumer & General Products and Industrial Machinery & Equipment for the Years 2014, 2023 & 2030
AUSTRALIA
- Copper Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2023 (E)
INDIA
- Copper Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2023 (E)
LATIN AMERICA
- Copper Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2023 (E)
MIDDLE EAST
- Copper Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2023 (E)
AFRICA
- Copper Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2023 (E)
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Anglo American Plc
- Antofagasta Plc
- BHP Billiton Group
- Codelco
- First Quantum Minerals Ltd.
- Grupo México S.A.B. DE C.V
- Jiangxi Copper Co. Ltd.
- JX Nippon Mining & Metals Corp.
- KGHM Polska MiedŸ S.A
- KME AG
- Mitsubishi Materials Corp.
- Mitsui Mining & Smelting Co. Ltd.
- Norilsk Nickel
- OM Group Inc.
- Rio Tinto Group
- Sumitomo Metal Mining Co., Ltd.
- Teck Resources Ltd.
- UMMC Holding Corp.
- Vale Ltd.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 313 |
| Published | April 2024 |
| Forecast Period | 2020 - 2027 |
| Estimated Market Value ( USD | $ 159.9 Billion |
| Forecasted Market Value ( USD | $ 242.8 Billion |
| Compound Annual Growth Rate | 6.1% |
| Regions Covered | Global |
