A lithium-ion battery, often abbreviated as Li-ion battery, is a rechargeable battery type widely used in modern electronics and transportation.

With the presence of emerging economies such as China and India and the significant growth in outsourcing services in the past few years, China and India have emerged as high-growth markets for laboratory proficiency testing.

Asia Pacific region held the largest market share accounted for 34% in 2023, and is expected to grow at a CAGR of 5.1% during the forecast period.

The Asia Pacific methanol market is significantly growing, with revenues expected to rise from USD 17.16 Billion in 2023 to around USD 24.47 Billion by the forecast period reflecting a CAGR of 5.2%.

The most populous nations, like China and India, have increased their oil and gas-related operations to fulfil their rising energy needs, which has had a substantial impact on the demand for tungsten carbide in the oil and gas industry.

The North American region accounted for the largest market share of 52.34% in 2022. Considering the region's substantial presence of well-established market participants and user base North America is growing at a constant pace for this market.

North America dominated the Server Operating Systems Market with a 38.2% share. This dominance was due to the widespread adoption of enterprise server OS solutions and the implementation of advanced server OS management practices in the region.