The global cold chain logistics market size is expected to grow from USD 207 billion in 2020 to USD 496.5 billion by 2027, at a CAGR of 15.7% from 2021 to 2027.

Automotive, aerospace, electrical & electronics are among the major end-users of CNC milling machines. The automotive sector accounted for the highest share in the global CNC milling machine market.

Factors such as increase in the use of CAM software in packaging machinery, the surge in industrialization, and an increase in investment of R&D activities in the CAM market drive the market's growth.

The rise of new technologies, rapid developments in emerging markets, the adoption of sustainable policies, and changing consumer preferences are expected to increase the usage of semiconductors in vehicles exponentially.

The global freight audit and payment market size is expected to grow from USD 14,031.8 million in 2021 to USD 37,375.6 million by 2030, at a CAGR of 11.5% from 2022 to 2030.