The Global Composites Market is projected to reach the valuation of USD 143.6 million by the year 2026 by growing at a CAGR of 8.1 % during the forecast period 2019- 2026.

The connected logistics market is projected to reach $73,846.1 million by 2023 at a 33.0% CAGR during the forecast period 2017–2023.

The growing demand for automated processes and instruments from large enterprises along with rising adoption of internet of things (IoT) across various industries.