DELRAY BEACH, Fla., May 1, 2026 /PRNewswire/ — According to MarketsandMarkets™, the global OCP Rack Market is projected to grow from USD 2.02 billion in 2026 to USD 4.32 billion by 2030, at a CAGR of 21.0% during the forecast period.

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OCP Rack Market Size & Forecast:

Market Size Available for Years: 2020–20302026 Market Size: USD 2.02 billion2030 Projected Market Size: USD 4.32 billionCAGR (2026–2030): 21.0%

OCP Rack Market Trends & Insights:

The OCP Rack Market is experiencing strong growth, driven by the rapid expansion of hyperscale data centers and AI workloads.The neocloud providers are projected to grow at the highest CAGR of 34.3% during the forecast period.The AI (training and inference) segment is estimated to hold the largest market value during the forecast period.North America is estimated to account for the largest market value of USD 905.6 million in 2026.

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The increasing adoption of rack-scale integration is driving the OCP Rack Market, as operators move from component-level deployments to fully integrated rack systems. Instead of deploying servers, networking, and cooling separately, data centers are increasingly procuring pre-configured racks that are factory-integrated and validated. OCP rack architectures, aligned with Open Compute Project standards, support this approach by enabling standardized layouts, shared power infrastructure, and simplified interconnects. This reduces on-site integration time, minimizes deployment risks, and improves consistency across large-scale rollouts. The approach is particularly relevant for AI and high-density environments where coordination between compute, power, and cooling is critical. In addition, rack-scale systems allow operators to accelerate time-to-capacity while maintaining operational predictability. As deployment timelines become a key competitive factor, the shift toward integrated rack solutions is expected to drive broader adoption of OCP-based designs.

The neocloud providers are projected to grow fastest in the market during the forecast period.

Neocloud providers are projected to grow at the highest CAGR in the OCP Rack Market, supported by their distinct cost structures and performance requirements. These operators typically function with tighter margins and focus on maximizing compute output per rack, making power efficiency and space utilization critical factors. OCP rack designs enable this by offering simplified mechanical layouts, shared power infrastructure, and support for higher-density configurations. Their compatibility with liquid cooling further enhances efficiency by addressing thermal constraints associated with AI and HPC workloads. Additionally, neocloud providers often adopt a multi-vendor procurement strategy to optimize costs and maintain flexibility, which aligns with the open and standardized nature of OCP architectures. Their expansion is also largely driven by greenfield deployments, where OCP-based infrastructure can be implemented without legacy constraints. This allows faster adoption of advanced rack designs and positions neocloud providers as a key driver of growth in the OCP Rack Market.

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By application, the AI (training & inference) is estimated to hold the largest market value during the forecast period.

The largest market share of AI (training and inference) in the OCP Rack Market is driven by the concentration of infrastructure investments in AI-enabled data centers. Training workloads require high-performance compute clusters, while inference workloads extend across cloud, enterprise, and edge environments, creating continuous demand for scalable rack infrastructure. OCP rack designs enable efficient deployment of these workloads by supporting high-density configurations and integrated power and cooling systems. Their standardized architecture also allows operators to replicate deployments across multiple sites with reduced engineering effort. In addition, increasing adoption of rack-scale design approaches, where compute, networking, and cooling are integrated within a single system, further supports OCP rack penetration. As AI workloads move from experimentation to large-scale production, both training and inference collectively drive the majority of infrastructure demand, reinforcing their leading market position.

Asia Pacific is projected to grow fastest during the forecast period.

The Asia Pacific region is projected to register the highest growth rate in the OCP Rack Market due to ongoing capacity additions and evolving infrastructure strategies among cloud and colocation providers. Countries such as Japan, South Korea, Singapore, and India are witnessing increased investment in AI-ready data centers, where higher rack power density and advanced cooling capabilities are required. OCP rack designs address these requirements by enabling efficient power distribution and supporting liquid cooling integration. Additionally, regional operators are increasingly adopting standardized and modular infrastructure to reduce deployment complexity and improve scalability. The presence of local manufacturing ecosystems and ODM partnerships also supports cost-effective deployment of OCP-compliant systems. Unlike North America and Europe, where legacy infrastructure can slow transitions, many Asia Pacific deployments are being designed from the ground up with OCP alignment. This combination of new capacity, technology adoption, and infrastructure modernization is expected to drive the highest CAGR in the region.

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Top Companies in OCP Rack Market:

The Top Companies in OCP Rack Market include Rittal (Germany), Dell Technologies (US), Sanmina Corporation (US), Legrand (France), Vertiv (US), Eaton (Ireland), Belden (US), Wiwynn Corporation (Taiwan), Lite-on Cloud Infrastructure (Taiwan), Cheval Group, Gigabyte (Taiwan), and Chatsworth Product (US).

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DELRAY BEACH, Fla., May 1, 2026 /PRNewswire/ — According to MarketsandMarkets™, the mobile hydraulic cranes market in North America is projected to be valued at USD 8.06 billion in 2026 and USD 9.23 billion by 2029, exhibiting a CAGR of 4.6% during the forecast period.

Browse 150 market data Tables and 70 Figures spread through 249 Pages and in-depth TOC on ‘Mobile Hydraulic Cranes Market – Global Forecast to 2029’

Mobile Hydraulic Cranes Market Size & Forecast:

Market Size Available for Years: 2020–20292026 Market Size: USD 8.06 billion2029 Projected Market Size: USD 9.23 billionCAGR (2026–2029): 4.6%

Mobile Hydraulic Cranes Market Trends & Insights:

Mobile hydraulic cranes are advanced lifting solutions used to lift, move, and position heavy loads efficiently across construction, infrastructure, energy, and industrial applications in North America. These cranes utilize hydraulic systems to generate high lifting force, enabling precise and controlled operations while maintaining mobility across job sites. Unlike fixed lifting equipment, mobile hydraulic cranes are designed for easy transportation, quick setup, and flexible deployment, making them essential for projects requiring dynamic and time-sensitive operations. Mobile hydraulic cranes include a range of equipment such as boom truck cranes, rough terrain cranes, all-terrain cranes, hydraulic truck cranes, and crawler cranes, each designed for specific load capacities, terrain conditions, and operational requirements. These cranes support critical applications such as bridge construction, high-rise building development, wind turbine installation, industrial plant setup, and equipment maintenance.By crane type, the lattice boom crawler cranes segment hold the largest share of the mobile hydraulic cranes market in North America due to superior lifting capacity and other benefits.By country, The US dominates the mobile hydraulic cranes market in North America due to massive infrastructure investments, strong construction and energy sectors, high equipment demand, presence of major OEMs, and a well-established rental market driving continuous crane utilization and replacement demand.

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The mobile hydraulic cranes market in North America is driven by the increasing demand for efficient lifting solutions, project execution reliability, and compliance with stringent safety regulations across construction, energy, and industrial sectors. The rising number of infrastructure development projects, including highways, bridges, and urban construction, along with expanding renewable energy installations such as wind farms, is accelerating the adoption of mobile hydraulic cranes across the region.

Lattice boom crawler cranes segment is expected to account for a major market share in 2026.

Lattice boom crawler cranes are expected to hold a major market share in 2026, primarily due to their high lifting capacity, superior stability, and suitability for large-scale and heavy-duty applications. These cranes are extensively used in major infrastructure projects, including bridge construction, power plants, petrochemical facilities, and wind energy installations, where handling extremely heavy loads over extended periods is critical. The increasing number of large-scale infrastructure and energy projects, particularly in renewable energy such as wind farm installations, is a key factor driving the demand for lattice boom crawler cranes. Their ability to operate efficiently in challenging environments, combined with excellent load-bearing performance and stability on soft or uneven ground, makes them highly preferred for complex and long-duration lifting operations.

Hydraulic truck cranes segment recorded the lowest number of units sold in 2025.

Hydraulic truck cranes witnessed the lowest number of units sold in 2025 in the mobile hydraulic cranes market in North America, primarily due to their limited application scope and increasing competition from more versatile crane types, such as boom truck and rough terrain cranes. While hydraulic truck cranes offer the advantage of highway mobility and ease of transportation, their moderate lifting capacity and relatively higher operational complexity compared with boom truck cranes reduce their adoption for routine construction and utility tasks. The growing preference for cost-effective and highly maneuverable solutions, particularly boom truck cranes, has shifted demand away from hydraulic truck cranes for light- to medium-duty applications.

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Mexico is projected to exhibit the highest CAGR in the mobile hydraulic cranes market during the forecast period.

Mexico is expected to register the highest growth rate in the mobile hydraulic cranes industry in North America during the forecast period, driven by rapid infrastructure development, expanding construction activities, and strong growth in manufacturing and industrial sectors. Increasing government investments in transportation networks, logistics corridors, and urban infrastructure are significantly accelerating the demand for mobile hydraulic cranes.

The report profiles key players such as The Manitowoc Company, Inc., Terex Corporation, Tadano Ltd., Liebherr Group, and Konecranes in the mobile hydraulic cranes companies in North America. These companies have adopted various organic and inorganic growth strategies, such as product launches, acquisitions, partnerships, collaborations, dealer network expansion, and investments in advanced technologies to strengthen their market position.

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Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem.

The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts.

MarketsandMarkets™ SalesPlay is an AI-driven Revenue Intelligence Co-Pilot designed to help revenue teams prioritize the right accounts, identify critical changes early, and surface opportunities ahead of demand, so pipeline builds naturally and deals close with greater consistency.

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CALGARY, AB, May 1, 2026 /CNW/ – Nanalysis Scientific Corp. (the “Company”, TSXV: NSCI, FRA: 1N1), a leader in portable NMR spectrometers and MRI technology for industrial and research applications, is pleased to announce the appointment of Jonathan Ladd, Werner Maas, and Steve Feick to its Board of Directors effective May 1, 2026.

Mr. Ladd is an experienced technology executive and former Chief Executive Officer of NovAtel Inc., a Nasdaq-listed GPS technology company acquired by Hexagon AB. He has a track record of scaling global technology businesses and brings extensive experience in capital markets, corporate governance, and strategic execution within advanced technology companies. He currently serves on the following boards: Takemetoit Inc., AgriRobot, Litus Inc., and is an advisor at Tall Grass Ventures. Mr. Ladd earned a bachelor’s degree with distinction in engineering and is a member of Tau Beta Pi National Engineering Honor Society.

Dr. Maas is a senior executive in the analytical instrumentation sector, having previously served as President of Bruker BioSpin Corporation and currently serving as Chief Executive Officer of Hudson Lab Automation. He brings deep expertise in nuclear magnetic resonance (NMR) technologies, as well as global sales, marketing, and commercialization of scientific instrumentation. Dr. Maas holds a Ph.D. in Chemistry from Radboud University in The Netherlands, as well as several executive management designations from the MIT Sloan School of Management.

Mr. Feick is President of Manvest Inc., part of the Mancal Group. He has a track record of developing and growing a portfolio of investments in agriculture, finance, supply chain, infrastructure technology, energy efficiency, and data analytics. As a former entrepreneur, he ensures that his operational and investor experience elevates the growth of the portfolio. He is an experienced investor and brings expertise in capital allocation, governance, and long-term strategic planning across private and public market investments. Mr. Feick holds a Bachelor of Science degree in Chemical Engineering from Queen’s University.

In connection with these appointments, Martin Burian and Jennifer Stubbs will be stepping down from the Board of Directors, effective May 1, 2026. The Company thanks Mr. Burian and Ms. Stubbs for their contributions and service and wishes them continued success in their future endeavours.

“On behalf of the Board, I would like to thank Martin and Jennifer for their contributions to Nanalysis and dedicated service to the Company and wish them continued success in their future endeavours.” said Sean Krakiwsky, Chief Executive Officer. “We are pleased to welcome Jonathan, Werner, and Steve. Their collective experience across instrumentation, global commercialization, and capital allocation will support the Company as we focus on scaling our core NMR platform and executing on our services growth strategy.”

About Nanalysis Scientific Corp. (TSXV: NSCI, OTCQX: NSCIF, FRA: 1N1)

Nanalysis Scientific Corp. develops and manufactures portable Nuclear Magnetic Resonance (NMR) spectrometers used worldwide in pharma, biotech, energy, food, materials, and security industries, as well as in academic and government labs. The Company also operates a growing services division that maintains both its own products and third-party imaging equipment, anchored by a $160 million long-term contract with the Canadian Air Transport Security Authority (CATSA) to maintain security scanners at more than 80 Canadian airports.

Notice regarding Forward Looking Statements and Legal Disclaimer

This news release contains certain “forward-looking statements” within the meaning of such statements under applicable securities law. Forward-looking statements are frequently characterized by words such as “anticipates”, “plan”, “continue”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “may”, “will”, “potential”, “proposed”, “positioned” and other similar words, or statements that certain events or conditions “may” or “will” occur. These statements are only predictions. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking statements throughout this news release. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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