Industrial Filtration Market Size, Share | Industry Report 2033
The global industrial filtration market is projected to reach USD 53.81 billion by 2033, growing at a CAGR of 4.6% from 2025 to 2033, driven by increasing industrial activity, stricter environmental regulations, and demand for cleaner air and water. North America currently dominates the market, with the U.S. leading the region, while Asia Pacific is expected to be the fastest-growing market. Key trends include the integration of smart technologies, a focus on sustainability, and customized filtration solutions, with liquid filtration holding the largest market share and air filtration anticipated to experience the fastest growth.
Emerson Electric Company (EMR) Receives a Buy from Citi
Citi analyst Andrew Kaplowitz has maintained a Buy rating on Emerson Electric Company (EMR) with a price target of $174.00 following the company's recent earnings report. Emerson reported quarterly revenue of $4.35 billion and a net profit of $605 million, while overall analyst consensus remains a Moderate Buy despite some negative corporate insider sentiment.
Parker-Hannifin (PH) is an Incredible Growth Stock: 3 Reasons Why
Parker-Hannifin (PH) is identified as a strong growth stock by Zacks Equity Research, attributed to its favorable Growth Score and a top Zacks Rank. The company's appeal stems from robust projected earnings growth of 12.9% this year, outpacing its industry average, and a year-over-year cash flow growth of 5.3%. Additionally, positive earnings estimate revisions, with the current-year consensus surging 1.9% over the past month, further bolster its growth prospects.
L & S Advisors Inc Reduces Holdings in Parker-Hannifin Corporation $PH
L & S Advisors Inc significantly reduced its stake in Parker-Hannifin Corporation by 53.3% in the third quarter, selling 4,362 shares and holding 3,825 shares valued at approximately $2.9 million. Despite this reduction, Parker-Hannifin reported strong quarterly earnings, beating expectations with an EPS of $7.65 and revenue of $5.17 billion, leading to a largely positive outlook from analysts with an average target price near $990. Insider activity, however, shows net selling with 12,551 shares offloaded by company insiders over the past 90 days.
NEOS Investment Management LLC Has $17.65 Million Stock Holdings in Parker-Hannifin Corporation $PH
NEOS Investment Management LLC increased its stake in Parker-Hannifin Corporation (NYSE:PH) by 25.9% in the third quarter, bringing its total holdings to $17.65 million. Other institutional investors also adjusted their positions, while company insiders recently sold shares. Analysts largely maintain a "Buy" rating for Parker-Hannifin, with an average target price of $990.47.
Ameritas Advisory Services LLC Sells 1,329 Shares of Parker-Hannifin Corporation $PH
Ameritas Advisory Services LLC has significantly reduced its stake in Parker-Hannifin Corporation (NYSE:PH) by 86.2% in the third quarter, selling 1,329 shares and now owning 213 shares valued at $162,000. Despite this, other institutional investors have increased their holdings, and analysts maintain a "Moderate Buy" rating for the company with an average price target of $990.47. Parker-Hannifin reported strong quarterly earnings, beating analyst estimates, and announced a quarterly dividend of $1.80 per share.
Parker Hannifin stock reaches all-time high at 1013.09 USD By Investing.com
Parker Hannifin Corporation's stock has reached an all-time high of $1013.09, trading at a premium to its Fair Value with a P/E ratio of 36.78. The company has seen a 45.44% appreciation over the last year, driven by strong financial performance and strategic initiatives, including 56 consecutive years of dividend payments and a 10.43% dividend growth. This milestone follows a strong Q2 2026 earnings report, where EPS and revenue exceeded analyst expectations, leading to an upward revision in full-year EPS guidance.
Parker-Hannifin VP Gentile sells $1.33m in stock
Thomas C. Gentile, VP-Global Supply Chain at Parker-Hannifin Corp (NYSE:PH), sold 1,326 shares of common stock for over $1.33 million and acquired 3,370 shares through exercised stock appreciation rights, followed by the disposal of 2,044 shares. These transactions occurred as the company's stock traded near its 52-week high, with technical indicators suggesting it's in overbought territory. This news follows Parker-Hannifin's strong Q2 2026 financial results, where the company surpassed analyst expectations and raised its full-year EPS guidance.
Parker-Hannifin VP Gentile sells $1.33m in stock
Thomas C. Gentile, VP-Global Supply Chain at Parker-Hannifin Corp (NYSE:PH), sold 1,326 shares of common stock for $1.33 million and also exercised stock appreciation rights, acquiring additional shares. Following these transactions, Gentile directly and indirectly owns over 6,300 shares. The company recently reported strong Q2 2026 financial results, surpassing analyst expectations and raising its full-year EPS guidance.
Parker Hannifin stock reaches all-time high at 1013.09 USD
Parker Hannifin Corporation's stock has reached an all-time high of $1013.09, driven by strong financial performance and strategic initiatives. The company's stock has appreciated by 45.44% over the past year, reflecting market confidence. Recent Q2 2026 earnings exceeded analyst expectations, further solidifying its financial strength.
Parker-Hannifin VP Gentile sells $1.33m in stock
Thomas C. Gentile, VP-Global Supply Chain at Parker-Hannifin Corp (NYSE:PH), recently sold 1,326 shares of company stock for over $1.3 million. This transaction occurred while Parker-Hannifin shares were near their 52-week high and displayed a significant year-over-year return. Concurrently, Gentile exercised stock appreciation rights, acquiring 3,370 shares, further adjusting his direct and indirect holdings in the company.
Parker Hannifin stock reaches all-time high at 1013.09 USD
Parker Hannifin Corporation's stock has hit an all-time high of $1013.09, reflecting market confidence in the industrial giant. The company, known for its motion and control technologies, boasts a market capitalization of approximately $128 billion and has shown significant growth, including a 45.44% appreciation over the last year and 56 consecutive years of dividend payments. This milestone follows the recent Q2 2026 earnings report where EPS and revenue exceeded analyst expectations, leading to an upward adjustment in full-year EPS guidance.
Parker Hannifin stock reaches all-time high at 1013.09 USD
Parker Hannifin Corporation's stock has hit an all-time high of $1013.09, trading at a premium to its Fair Value and showing a 45.44% appreciation over the past year. This milestone follows robust financial performance, including a 26% return on equity and consistent dividend growth for nine years, and is further supported by strong Q2 2026 earnings that surpassed analyst expectations. The company also adjusted its full-year EPS guidance upward.
Parker Hannifin stock reaches all-time high at 1013.09 USD
Parker Hannifin's stock has hit an all-time high of $1013.09, reflecting strong market confidence in the industrial giant. The company, known for its motion and control technologies, has seen a 45.44% appreciation over the past year and recently reported Q2 2026 earnings that surpassed analyst expectations. These achievements are supported by robust financial performance, strategic initiatives, and a history of consistent dividend payments.
RBC Bearings Leans On Long Cycle Aerospace And Defense Growth
RBC Bearings is experiencing strong growth driven by long-cycle aerospace and defense programs, including submarine, missile, and aircraft projects, with an increased share of business with Airbus. Investors are noting strong execution and a positive outlook, supported by recent sales of US$461.6 million and anticipated Q4 fiscal 2026 net sales between US$495.0 million and US$505.0 million. While the company benefits from multi-year visibility in these sectors, potential risks include reliance on a concentrated customer base and execution risks from ongoing acquisition integrations and capacity expansions.
Vanguard Group Inc. Sells 16,311 Shares of Parker-Hannifin Corporation $PH
Vanguard Group Inc. reduced its stake in Parker-Hannifin Corporation by 0.1% in the third quarter, selling 16,311 shares but still owning 11,108,929 shares valued at over $8.4 billion. Other institutional investors made minor adjustments to their holdings, while company insiders sold a significant number of shares. Analysts currently have a "Moderate Buy" rating on Parker-Hannifin with a consensus target price of $990.47.
HighTower Advisors LLC Acquires 2,854 Shares of Parker-Hannifin Corporation $PH
HighTower Advisors LLC increased its stake in Parker-Hannifin Corporation (NYSE:PH) by 4.2% in the third quarter, acquiring an additional 2,854 shares to own a total of 71,180 shares valued at over $54 million. The article also details other institutional investor activities, recent trading performance, quarterly earnings exceeding analyst expectations, and upcoming dividend payments. Insider selling was noted, alongside new price targets from various equities analysts, who on average rate the stock a "Moderate Buy."
Parker Hannifin Corp (NYSE:PH) Passes the 'Caviar Cruise' Quality Investing Screen
Parker Hannifin Corp (NYSE:PH) has been identified as a strong candidate by the "Caviar Cruise" stock screen, which targets companies with durable competitive strengths, high profitability, and sound financial condition. The company demonstrates continued expansion with impressive revenue and EBIT CAGR, outstanding capital utilization evidenced by a high ROIC, and robust financial health through its Debt-to-Free Cash Flow ratio and profit quality. While valuation is currently high, its business model as a leading producer of motion and control technologies suggests long-term holding potential.
JPMorgan Chase & Co. Sells 292,676 Shares of Parker-Hannifin Corporation $PH
JPMorgan Chase & Co. has reduced its stake in Parker-Hannifin Corporation by 14.1%, selling 292,676 shares and retaining 1,782,558 shares valued at approximately $1.35 billion. This transaction occurred as Parker-Hannifin reported strong quarterly earnings, beating analyst estimates with EPS of $7.65 and revenue of $5.17 billion, while also announcing a quarterly dividend of $1.80 per share. Despite the sale by JPMorgan, the company maintains a "Moderate Buy" consensus rating from analysts, with insider sales also noted from its CFO and VP.
Parker-Hannifin Corporation (NYSE:PH) Receives Consensus Recommendation of "Moderate Buy" from Analysts
Parker-Hannifin Corporation (NYSE:PH) has received a consensus rating of "Moderate Buy" from twenty-one research firms, with an average 1-year price target of $990.4737. Several analysts recently reiterated buy or outperform ratings and raised price targets for the industrial products company. The company also announced a quarterly dividend of $1.80 per share, and recent insider selling activity was noted.
Parker-Hannifin Corporation $PH Shares Purchased by Shell Asset Management Co.
Shell Asset Management Co. significantly increased its stake in Parker-Hannifin Corporation (NYSE:PH) by 104.1% during the third quarter, bringing its total holdings to $1.588 million. This comes as other institutional investors have also adjusted their positions, and company insiders have recently sold shares. Analysts maintain a "Moderate Buy" consensus rating for Parker-Hannifin, with an average target price of $990.47, following strong Q4 earnings that beat consensus estimates.
Fifth Third Bancorp Sells 1,770 Shares of Parker-Hannifin Corporation $PH
Fifth Third Bancorp recently decreased its stake in Parker-Hannifin Corporation by selling 1,770 shares in the third quarter, though it still holds a significant position. Other institutional investors like Vanguard Group Inc. and Procyon Advisors LLC increased their holdings. Parker-Hannifin exceeded earnings and revenue estimates and announced a quarterly dividend, while company insiders have sold shares totaling over $12 million in the last three months.
Parker-Hannifin Corporation $PH Shares Sold by Amica Mutual Insurance Co.
Amica Mutual Insurance Co. reduced its stake in Parker-Hannifin Corporation by 8.5% in the third quarter, selling 1,763 shares. Despite insider selling activity, Parker-Hannifin reported strong quarterly earnings, beating analyst estimates with $7.65 EPS and $5.17 billion in revenue, and analysts maintain a "Moderate Buy" rating with an average target price of $990.47. The company also announced a quarterly dividend of $1.80 per share.
Aberdeen Group plc Has $85.31 Million Stake in Parker-Hannifin Corporation $PH
Aberdeen Group plc increased its stake in Parker-Hannifin Corporation (NYSE:PH) by 3.3% in the third quarter, bringing their total holdings to 113,201 shares valued at $85.31 million. Several other institutional investors also adjusted their positions in the company. Insiders at Parker-Hannifin have recently sold shares, while analysts have issued a "Moderate Buy" rating with a consensus target price of $990.47 for the stock.
Parker-Hannifin (NYSE:PH) Stock Unloaded Rep. Byron Donalds
Representative Byron Donalds sold between $1,001 and $15,000 worth of Parker-Hannifin stock from his IRA on January 8th, 2026. This comes as Parker-Hannifin recently beat earnings estimates, with EPS of $7.65 against an expected $7.11 and revenue up 9.1% year-over-year. Analysts maintain a "Moderate Buy" rating for the company, which also announced a quarterly dividend of $1.80.
PNC Financial Services Group Inc. Buys 50,875 Shares of Parker-Hannifin Corporation $PH
PNC Financial Services Group Inc. increased its stake in Parker-Hannifin Corporation by 18% during the third quarter, acquiring 50,875 shares to own a total of 332,811 shares valued at approximately $252.3 million. Parker-Hannifin recently surpassed earnings expectations with an EPS of $7.65 and revenue of $5.17 billion, leading analysts to largely maintain "Buy" ratings and a consensus price target near $990. Despite insider sales totaling around 12,551 shares, the company announced a quarterly dividend of $1.80 per share.
Prospera Financial Services Inc Sells 1,966 Shares of Parker-Hannifin Corporation $PH
Prospera Financial Services Inc. reduced its stake in Parker-Hannifin Corporation by 45.1% in the third quarter, selling 1,966 shares and leaving 2,395 shares valued at approximately $1.82 million. Despite this, Parker-Hannifin reported strong quarterly earnings, beating analyst expectations with $7.65 EPS and $5.17 billion in revenue, and declared a quarterly dividend of $1.80 per share. Insiders also sold a total of 12,551 shares over the past 90 days, though institutional investors and hedge funds still own a significant 82.44% of the company's stock.
Parker-Hannifin (NYSE:PH) COO Sells $4,659,336.00 in Stock
Parker-Hannifin's COO, Andrew Ross, sold 4,664 shares of the company stock for approximately $4.66 million on February 11th, reducing his ownership by over 26%. This sale followed a strong financial quarter for Parker-Hannifin, which exceeded analyst expectations for EPS and revenue, and declared a quarterly dividend of $1.80 per share. Despite the insider sale, analysts maintain a "Moderate Buy" rating for the industrial products company.
Ingersoll Rand's Q4 Earnings & Revenues Top Estimates, Up Y/Y
Ingersoll Rand (IR) reported strong fourth-quarter 2025 results, with adjusted earnings of 96 cents per share and total revenues of $2.09 billion, both surpassing Zacks Consensus Estimates. This represents a 14.3% year-over-year increase in earnings and a 10.2% rise in revenues, driven by acquisitions and organic growth. The company also provided a positive outlook for 2026, anticipating continued revenue and adjusted EBITDA growth.
Manitowoc Highlights New CranES and Training Center at CONEXPO-CON/AGG 2026
Manitowoc will be showcasing new Grove and National Crane models at CONEXPO-CON/AGG 2026, alongside an expanded focus on crane lifecycle support and workforce training. A significant reveal will be a new Mobile Training and Technology Center, a traveling classroom designed to provide on-site technical instruction. The company's exhibit will also feature the Grove GRT780 rough-terrain crane and various customer support tools.
Parker Scheduled to Present at Citi’s 2026 Global Industrial Tech and Mobility Conference on February 19 at 11:20 a.m. Eastern Time
Parker-Hannifin Corporation, a global leader in motion and control technologies, announced it will present at Citi’s 2026 Global Industrial Tech and Mobility Conference in Miami, Florida on February 19, 2026, at 11:20 a.m. Eastern Time. A live webcast of the presentation will be available on Parker's investor relations website. The company also highlighted its long-standing record of increasing annual dividends, spanning 69 consecutive fiscal years.
Parker Scheduled to Present at Citi’s 2026 Global Industrial Tech and Mobility Conference on February 19 at 11:20 a.m. Eastern Time
Parker Hannifin Corporation, a global leader in motion and control technologies, will present at Citi’s 2026 Global Industrial Tech and Mobility Conference on February 19, 2026, at 11:20 a.m. Eastern time. A live webcast of the presentation will be available on their investor relations website. The company has a strong record of increasing its annual dividend for 69 consecutive years.
Public Sector Pension Investment Board Has $166.34 Million Stake in Parker-Hannifin Corporation $PH
The Public Sector Pension Investment Board reduced its stake in Parker-Hannifin Corporation by 20% in the third quarter, now holding 219,401 shares valued at $166.34 million. Despite this reduction, other institutional investors increased their positions in the company. Parker-Hannifin also recently announced a quarterly dividend of $1.80 per share and reported strong Q3 earnings, beating analyst estimates.
Caprock Group LLC Buys New Position in Parker-Hannifin Corporation $PH
Caprock Group LLC recently acquired a new stake of 3,903 shares in Parker-Hannifin Corporation, valued at approximately $2.96 million. Other institutional investors have also adjusted their holdings, with notable increases from Procyon Advisors LLC and Wilkinson Global Asset Management LLC. The industrial products company recently reported strong quarterly earnings, beating analyst estimates, and declared a quarterly dividend.
Cibc World Market Inc. Lowers Stake in Parker-Hannifin Corporation $PH
Cibc World Market Inc. has reduced its stake in Parker-Hannifin Corporation by 17% in the third quarter of 2025, selling 3,458 shares and now holding 16,910 shares valued at $12.82 million. This move comes as company insiders have also been selling shares, totaling 5,825 shares worth $5.39 million over the past 90 days. Despite the institutional and insider selling, Parker-Hannifin reported strong quarterly earnings, beating EPS expectations, and analysts maintain a "Moderate Buy" rating with an average target price of $990.47, while the company also declared a $1.80 quarterly dividend.
Parker Hannifin Corporation to Present at Citi’s 2026 Global Industrial Tech and Mobility Conference
Parker Hannifin Corporation announced it will present at Citi’s 2026 Global Industrial Tech and Mobility Conference on February 19, 2026, at 11:20 a.m. Eastern time. The presentation will be webcast live on the company's investor website. Parker Hannifin is a Fortune 250 company, globally recognized for its motion and control technologies, and holds an impressive record of 69 consecutive years of annual dividend per share increases.
Parker Scheduled to Present at Citi’s 2026 Global
Parker Hannifin Corporation (NYSE: PH) announced it will present at Citi’s 2026 Global Industrial Tech and Mobility Conference on February 19, 2026, at 11:20 a.m. Eastern time. A live webcast of the presentation will be available on the company's investor relations website. Parker Hannifin is a global leader in motion and control technologies, known for its long history of dividend increases.
Parker Scheduled to Present at Citi’s 2026 Global
Parker Hannifin Corporation (NYSE: PH) announced it will present at Citi’s 2026 Global Industrial Tech and Mobility Conference on February 19, 2026, at 11:20 a.m. Eastern time. A live webcast and archive of the presentation will be available on their investor relations website. Parker Hannifin, a Fortune 250 company, is a global leader in motion and control technologies with 69 consecutive years of dividend increases.
Parker Scheduled to Present at Citi’s 2026 Global Industrial Tech and Mobility Conference on February 19 at 11:20 a.m. Eastern Time
Parker Hannifin Corporation announced it will present at Citi’s 2026 Global Industrial Tech and Mobility Conference on February 19, 2026, at 11:20 a.m. Eastern time. A live webcast of the presentation will be available on the company's investor information website. Parker Hannifin is a global leader in motion and control technologies with a long record of increasing its annual dividend.
The Zacks Analyst Blog Highlights Parker-Hannifin, Goldman Sachs, GE Aerospace, C.H. Robinson Worldwide and Carpenter Technology
The Zacks Analyst Blog features five "old economy" stocks—Parker-Hannifin, Goldman Sachs, GE Aerospace, C.H. Robinson Worldwide, and Carpenter Technology—that posted solid earnings in their latest reported quarters. These companies, all carrying a Zacks Rank #2 (Buy), are highlighted for their strong financial performance, strategic growth initiatives, and potential for portfolio diversification beyond AI-driven sectors. The article details their recent earnings, revenue growth expectations, and key operational strengths, encouraging investors to consider these established firms for profits in 2026.
The Zacks Analyst Blog Highlights Parker-Hannifin, Goldman Sachs, GE Aerospace, C.H. Robinson Worldwide and Carpenter Technology
The Zacks Analyst Blog features five "old economy" stocks – Parker-Hannifin (PH), Goldman Sachs (GS), GE Aerospace (GE), C.H. Robinson Worldwide (CHRW), and Carpenter Technology (CRS) – that posted solid earnings in their latest reported quarters. These companies, all carrying a Zacks Rank #2 (Buy), are highlighted for their strong financial performance, strategic initiatives, and potential for continued growth. The article suggests that investing in such historically stable sectors can provide diversification and profits amid an AI-driven market.
Parker Scheduled to Present at the Barclays 43rd Industrial Select Conference on February 18 at 11:00 a.m. Eastern Time
Parker Hannifin Corporation (NYSE: PH) announced it will present at the Barclays 43rd Industrial Select Conference on February 18, 2026, at 11:00 a.m. Eastern time in Miami Beach, Florida. A live webcast of the presentation will be available on the company's investor relations website. Parker Hannifin is a global leader in motion and control technologies and has increased its annual dividend for 69 consecutive fiscal years.
Varma Mutual Pension Insurance Co Purchases 4,200 Shares of Parker-Hannifin Corporation $PH
Varma Mutual Pension Insurance Co increased its stake in Parker-Hannifin Corporation (NYSE:PH) by 16.9% in Q3, purchasing 4,200 additional shares to hold a total of 29,037 shares valued at $22.01 million. Several analysts have raised their price targets for the stock, which currently holds a consensus "Moderate Buy" rating with a target price of $990.47. Despite these institutional purchases, company insiders have sold 5,825 shares worth approximately $5.39 million in the last quarter.
Parker Scheduled to Present at the Barclays 43rd Industrial Select Conference on February 18 at 11:00 a.m. Eastern Time
Parker Hannifin Corporation announced it is scheduled to present at the Barclays 43rd Industrial Select Conference in Miami Beach, Florida, on February 18, 2026, at 11:00 a.m. Eastern time. A live webcast of the presentation will be available on the company's investor information website. Parker Hannifin is a global leader in motion and control technologies and has increased its annual dividend for 69 consecutive fiscal years.
Parker Scheduled to Present at the Barclays 43rd Industrial
Parker Hannifin Corporation (NYSE: PH) announced it will present at the Barclays 43rd Industrial Select Conference on February 18, 2026, at 11:00 a.m. Eastern Time in Miami Beach, Florida. A live webcast of the presentation will be available on the company's investor relations website. Parker Hannifin is a Fortune 250 global leader in motion and control technologies, known for increasing its annual dividend for 69 consecutive fiscal years.
Parker Scheduled to Present at the Barclays 43rd Industrial
Parker Hannifin Corporation (NYSE: PH) announced it will present at the Barclays 43rd Industrial Select Conference on February 18, 2026, at 11:00 a.m. Eastern Time. A live webcast of the presentation will be available on the company's investor relations website, investors.parker.com, and will also be archived there. Parker Hannifin is a Fortune 250 global leader in motion and control technologies, with a history of 69 consecutive fiscal years of increased annual dividend payments.
LASE Stock Price, Forecast & Analysis | LASER PHOTONICS CORP (NASDAQ:LASE)
LASER PHOTONICS CORP (NASDAQ: LASE) currently trades at $0.7642 per share, having experienced significant declines of -63.9% in the past month and -80.62% over the last year. ChartMill assigns LASE a low technical rating of 0/10 and a fundamental rating of 1/10, citing poor profitability and negative financial health. The company, which specializes in industrial laser technologies, is set to report earnings on June 22, 2026, and does not pay dividends.
Buy 5 Old Economy Stocks Post Solid Earnings in Last Reported Quarter
This article recommends five "old economy" stocks with strong recent earnings and favorable Zacks Ranks for potential profits in 2026. The selected companies—Parker-Hannifin Corp. (PH), The Goldman Sachs Group Inc. (GS), GE Aerospace (GE), C.H. Robinson Worldwide Inc. (CHRW), and Carpenter Technology Corp. (CRS)—operate in sectors like industrials, finance, auto, materials, and construction, contributing to a broad-based market rally. Each company's financial performance, growth drivers, and current dividend yield are highlighted to support the investment thesis.
Buy 5 Old Economy Stocks Post Solid Earnings in Last Reported Quarter
The article highlights five "old economy" stocks that posted solid earnings in their last reported quarters, attributing their success to factors like strong demand, strategic acquisitions, and cost-reduction initiatives. These companies, Parker-Hannifin Corp., The Goldman Sachs Group Inc., GE Aerospace, C.H. Robinson Worldwide Inc., and Carpenter Technology Corp., are recommended for investment due to favorable Zacks Ranks and potential for continued growth. Their performance suggests a broader market rally beyond the AI-driven tech sector.
Protective Footwear Market size to hit $8.8 Billion by 2035 | Top
The protective footwear market is projected to reach $8.8 billion by 2035, growing at a CAGR of 5.1% from an estimated $5.3 billion in 2025, driven by stricter workplace safety regulations and industrialization. Asia Pacific is the fastest-growing region, while Europe is expected to command a significant market share by 2035. Key trends include material innovation, sustainability, and digitalization with smart safety features.