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Home › Press Releases
Press Releases
Title | Date |
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Membrane Bioreactor Market worth $6.14 Billion by 2029The report "Membrane Bioreactor Market by Membrane Type (Hollow Fiber, Flat Sheet, Multi Tubular), System Configuration (Submerged And External Mbr System), Application (Municipal Wastewater Treatment, Industrial Wastewater Treatment) - Global Forecast to 2029", The membrane bioreactor market is projected to reach USD 6.14 Billion by 2029, at a CAGR of 8.2% from USD 4.14 Billion in 2024. ...... Read More |
November 7, 2024 |
Managed Services Market worth $511.03 billion by 2029According to a research report "Managed Services Market by Service Type (Managed IT Infrastructure & Data Center Service, Managed Network Service, Managed Security Service, Managed Communication & Collaboration Service, Managed Mobility, Managed Information) - Global Forecast to 2029" published by MarketsandMarkets, the global managed services market will grow from USD 365.33 billion in 2024 to USD 511.03 billion by 2029 at a compounded annual growth rate (CAGR) of 6.9% during the forecast period. The managed services market is growing as businesses look for ways to optimize operations by outsourcing crucial IT functions, such as security, network management, and infrastructure maintenance. Managed services providers bring deep expertise in areas like cloud technology, data management, and IT support, allowing organizations to give priority to their core operation while lowering operational risks and expenses. These services are essential for offering flexibility through scalable cloud solutions, improving system performance with smart analytics, automation tools, and smooth integration, and enhancing real-time data processing with high-capacity computing power to keep up with the fast-paced digital environment. ...... Read More |
November 7, 2024 |
Metamaterial Industry worth $1.38 billion by 2029The report "Metamaterial Market by Antenna, Reconfigurable Intelligent Surfaces (RIS), lenses and optical modules, sensors and beam steering, anti-reflective films, electromagnetic, terahertz, radio frequency (RF), optical and region - Global Forecast to 2029" The Metamaterial market is expected to reach USD 1.38 billion by 2029, up from USD 0.22 billion in 2024, at a CAGR of 44.8% from 2024 to 2029. The metamaterial market is experiencing significant growth mainly due to a rising demand for advanced materials that can manipulate electromagnetic waves for applications in the sectors of telecommunications, imaging, and defense. The main factors that drive the growth are a sudden increase in demand for efficient sensors and beam steering modules, a rise in the need for advanced high-performance antennas and sensing technologies, advances in design automation using AI and machine learning, plus governmental support for research and development within metamaterial technologies. ...... Read More |
November 7, 2024 |
Periodontal Disease Treatment Market worth $3.63 Billion by 2030The report "Periodontal Disease Treatment Market By Disease Type (Gingivitis, Aggressive Periodontitis, Chronic Periodontitis), Treatment Type (Flap surgery, Root Planning, Bone Grafting,), End User (Dental Hospitals & Dental Clinics) - Global Forecast to 2030", is valued at an estimated USD 2.58 billion in 2024. The size is projected to reach USD 3.63 billion by 2030, at a CAGR of 5.9%. The growth in the Periodontal Disease Treatment market contributed through technological advancements substantially to the growth of the market. Advances such as laser therapy, advanced antimicrobial treatment, and biomaterials for tissue regeneration have improved the treatment efficacy and the results of patients who are undergoing periodontal care. Such advances included expanding treatment options toward more effective and minimally invasive solutions for patients and practitioners alike. More importantly, a rise in the health care spends and dental insurance coverage across many regions has significantly increased the accesses to periodontal care, which is favoring growth in the market. Increased efforts by the governments to improve oral health, as well as the rising number of specialized dental clinics and providers, are increasing the market as well. Shift towards preventive care and immense demand for cosmetic dental interventions that includes the treatments of gum aesthetics increased the market potential. ...... Read More |
November 7, 2024 |
H2-ICE Market worth 36,300-36,400 units by 2035According to a research report "H2-ICE Market by Vehicle Type (Trucks and Buses, Construction Equipment, Mining Equipment, Farm Tractors, Industrial Forklifts), Combustion Approach (PFI-SI, ECDI-SI, and HPDI), Power Output (<300HP, >300 HP) and Region - Global Forecast to 2035" published by MarketsandMarkets, the H2-ICE market is projected to grow to 36,300-36,400 units by 2035, at a CAGR of 49.0% from 2031 to 2035. ...... Read More |
November 7, 2024 |
Military Platforms Industry worth $77.08 billion by 2030The report "Military Platforms Market by Platform Type (Military Aircraft, Military Vessels, Military Vehicles), Technology (Conventional, Next-Gen ), End-User (Army, Navy, Air-force) - Global Forecast to 2030" The global military platforms market is projected to reach USD 77.08 billion by 2030, from USD 51.87 billion in 2024, at a CAGR of 6.8%. This growth is mainly driven by escalating geopolitical tensions, increasing defense budgets, and rapid advancements in the military industries especially in air, sea, and land platforms. As countries continue to enhance their militaries around the world, particularly in air defense systems, naval modernization, and upgradations of armored vehicles, demand for advanced military platforms will sharply increase. ...... Read More |
November 6, 2024 |
Wind Blade Recycling Market worth $3,70,935 thousand in 2029The report "Wind Blade Recycling Market by Recycling Method (Mechanical Recycling, Thermal Recycling, Chemical Recycling), Blade Material (Glass Fiber, Carbon Fiber), End-Use Industry, and Region - Forecast to 2029", size is expected to reach USD 3,70,935 thousand in 2029 from USD 68,235 thousand in 2024, at a CAGR of 40.3% from 2024 to 2029. ...... Read More |
November 6, 2024 |
Video Surveillance Industry worth $88.71 billion by 2030The report "Video Surveillance Market by Image Sensor, Lens, Image Processing, Analog, IP Camera, Dome, PTZ, Box & Bullet, Panoramic, Fisheye, Body-worn, Encoders, AI-based VMS, Video Content Analysis, Storage Devices (Digital, Network) - Global Forecast to 2030" The Video surveillance market is expected to be valued at USD 54.42 billion in 2024 and is projected to reach USD 88.71 billion by 2030, growing at a CAGR of 8.5% during the forecast period. Additions to existing applications in various industries and technological advancements in video surveillance product offerings are key factors driving the expansion of the video surveillance market. Restraints such as privacy concerns and bandwidth and storage issues hinder market growth. However, factors such as expansion in emerging markets and the emergence of smart cities provide lucrative opportunities for market players in the coming years. ...... Read More |
November 6, 2024 |
Simulation Software Market worth $36.22 billion by 2030According to a research report "Simulation Software Market by Software Type (Computer-aided Design (CAD) Simulation, Physics and Multiphysics Simulation, Finite Element Analysis (FEA), Computational Fluid Dynamics (CFD), Gaming, AR/VR, and Training Simulation) - Global Forecast to 2030" published by MarketsandMarkets, the global simulation software market is estimated to grow from USD 19.95 billion by 2024 to USD 36.22 billion in 2030, at a CAGR of 10.4% during the forecast period. ...... Read More |
November 6, 2024 |
Antimicrobial Susceptibility Testing Market worth $5.68 Billion by 2029The report "Antimicrobial Susceptibility Testing Market by Product (Manual (Disk, Strip, Plate), Automated, Molecular), Method (e-test, Disk & Agar Diffusion, Genotypic), Type (Antibacterial, Antifungal), Application (Clinical, Epidemiology) Global Forecasts to 2029", is expected to grow from USD 4.45 billion in 2024 to USD 5.68 billion in 2029, at a CAGR of 5.0% over the forecast period. Increasing antimicrobial resistance worldwide has emerged as one of the major challenges to global health. With resistant bacteria now regarded as a significant and deadly threat - because they can develop a measure of resistance to traditional antibiotics, there is a need for more accurate and rapid testing methods to guide appropriate treatment decisions. Additionally, the growing healthcare cost and demand for personalized medicine have also elevated the market growth. In addition, the growing incidence of nosocomial infections due to MDROs has further accelerated the need for advanced testing technologies. ...... Read More |
November 6, 2024 |
Agriculture Drones Market worth $8.03 billion by 2029According to a research report "Agricultural Drones Market by Payload Capacity (Small Payload Drones, Medium Payload Drones, Large Payload Drones), Component, Technology Type, Offering Type, Farm Produce, Farm Size, Range, Application and Region - Global Forecast to 2029" published by MarketsandMarkets, the agriculture drones market is estimated at USD 2.00 billion in 2024 and is projected to reach USD 8.03 billion by 2029, at a CAGR of 32.0% from 2024 to 2029. ...... Read More |
November 5, 2024 |
Particle Counters Market worth $986.3 million by 2029The report "Particle Counters Market by Type (Air Particle Liquid Particle) Application (Cleanroom Monitoring, Contamination (Liquid, Chemical), Aerosol, Indoor Air], End User (Pharma, F&B, Chemical, Semiconductor, Aerospace, Research) - Global Forecast to 2029", is estimated to reach USD 986.3 million by 2029 from USD 625.3 million in 2024, at a CAGR of 9.5% during the forecast period. ...... Read More |
November 5, 2024 |
Modular Data Center Market worth $79.49 billion by 2030According to a research report "Modular Data Center Market by Solutions (All-in-one and Prefabricated Modules (IT, Power, Cooling)), Form Factor (ISO Containers (20 feet, 40 feet), Enclosures, Skid-mounted), Build Type (Semi & Fully-prefabricated) - Global Forecast to 2030" published by MarketsandMarkets, the Modular Data Center Market is expected to grow from USD 29.93 billion in 2024 to USD 79.49 billion by 2030 at a Compound Annual Growth Rate (CAGR) of 17.7% during the forecast period. The combined usage of AI and machine learning is expected to fuel the demand for modular data center market across the world. The modular data centers are gaining popularity among end users like cloud service providers (CSPs), telecom service providers, and enterprises in verticals including BFSI, IT & ITeS, and Healthcare & Life Sciences to achieve scalability and operational efficiency at a lower cost. The increased investment in automation and advanced analytics is already increasing the use of modular solutions for infrastructure management and real-time processing. These advancements will enhance decision-making, optimize resource utilization, and proactively manage data center operations, driving future market growth. ...... Read More |
November 5, 2024 |
Aerospace Testing Industry worth $6.68 billion by 2029The report "Aerospace Testing Market by Material Testing, Environmental Testing, Structural/Component Testing, Avionics/Flight & Electronics Testing, Propulsion System Testing, In-house, Commercial, Military & Defence, Space Exploration - Global Forecast to 2029" The global Aerospace testing market was valued at USD 5.29 billion in 2024 and is projected to reach USD 6.68 billion by 2029; it is expected to register a CAGR of 4.8% during the forecast period ...... Read More |
November 5, 2024 |
Electronic Waste Recycling Market worth $66.33 billion in 2029The report "Electronic Waste Recycling Market by Source (Household Appliances, Consumer Electronics, IT & Telecommunication, Mobile Computing Devices), Materials (Glass, Metal, Plastics), Technology, and Region - Global Forecast to 2029", size is expected to reach USD 66.33 billion in 2029 from USD 48.41 billion in 2024, at a CAGR of 6.5% from 2024 to 2029. ...... Read More |
November 5, 2024 |
Urea Market worth $93.25 billion by 2029The report "Urea Market by Grade (Agricultural, Technical, Feed, Medical), Product Type (Granular, Prilled), End-Use Industry (Agriculture, Chemical, Automotive, Medical), Application, Technology & Region - Global Forecast to 2029", is projected to reach USD 93.25 billion by 2029 from USD 80.25 billion in 2024, at a CAGR of 3.05% during the forecast period. Urea is an essential chemical for several industries, which are agriculture, pharmaceutical, and industrial applications. Being a fertilizer rich in nitrogen, it enhances agricultural productivity by supplementing crops with necessary nutrients that lead to food security and efficient farming. However, urea also faces challenges that include competition from other fertilizers and hence is concerning people due to the environmental impacts of urea. More recent innovations have led to controlled-release urea fertilizers, which ensure the release of nitrogen progressively and thereby avoid most of the risks associated with nutrient leaching and volatilization. On a positive note, there are opportunities for this market through optimizing the production processes. ...... Read More |
November 4, 2024 |
Quantum Communication Market worth $5.54 billion by 2030According to a research report "Quantum Communication Market by Solution (Quantum Detectors, Quantum Key Distribution (QKD), Quantum Random Number Generator (QRNG), Quantum-safe Cryptography), QKD Transmission Type (Fiber-based and Free-space/Satellite-based) - Global Forecast to 2030" published by MarketsandMarkets, the global quantum communication market size is projected to grow from USD 0.74 billion in 2024 to USD 5.54 billion by 2030 at a Compound Annual Growth Rate (CAGR) of 39.6% during the forecast period. Increasing investment in research and development (R&D) from both public and private sectors reflects the strategic importance of quantum technologies. Initiatives like the U.S. National Quantum Initiative and the European Quantum Flagship program focus on advancing quantum communication. Also, the U.S. National Science Foundation is investing USD 39 million in the ExpandQISE program to enhance quantum research at various institutions across America. Hence, this heightened focus on R&D is propelling the adoption of quantum communication solutions across various industries, including telecommunications and finance. ...... Read More |
November 4, 2024 |
Relay Market worth $15.20 billion by 2030According to a research report "Relay Market by Type (Electromechanical, Thermal, Reed, Time, Solid State), Voltage Range (Low, Medium, High), Mounting Type (Panel, PCB, DIN Rail, Plug-In), Application (Protection, Monitor, Control), Verticals and Region - Global Forecast to 2030" published by MarketsandMarkets, the Relay market is anticipated to grow from an estimated USD 10.12 billion in 2024 to USD 15.20 billion by 2030, at a CAGR of 7.0% during the forecast period. The increasing incorporation of renewable energy sources that are subject to intermittency such as, solar energy wind energy, into electrical grids brings new obstacles. This is because relay systems help maintain stability in the grid by managing power variations, connecting different sources of energy seamlessly, and protecting the grid against faults. With the increase of renewable penetration, relays assist in controlling the voltage and frequency so as to protect the system and the energy from the volatile nature of renewable energy sources. Advanced relay solutions thus become inevitable to make certain structures balancing and supplying energy are trustworthy. ...... Read More |
November 4, 2024 |
Al in Pathology Market worth $169.8 million by 2029The report "Al in Pathology Market by Neural Network (GAN, CNN, RNN), Function (Diagnostic, Image Analysis, CDSS, Data Management, Analytics), Use Case (Drug Discovery, Clinical workflow), End User (Hospital, Labs, Pharma/Biotech), & Region - Global Forecast to 2029", is projected to reach USD 169.8 million by 2029, up from USD 82.8 million in 2024, at a high CAGR of 15.4 % during the forecast period. ...... Read More |
November 4, 2024 |
Home Automation System Industry worth $73.49 billion by 2029The report "Home Automation System Market by Lighting Controls, Smart Speakers, Entertainment Controls, HVAC Controls, Security & Access Controls, Wired, Wireless, Behavioral, Proactive, Multi-family Residence, Single - family Residence Global Forecast to 2029" The home automation system market was valued at USD 57.67 billion in 2024 and is projected to reach USD 73.49 billion by 2029; it is expected to register a CAGR of 5.0% during the forecast period. ...... Read More |
November 4, 2024 |
Coating Resins Market worth $57.34 billion by 2029The report "Coating Resins Market by Resin Type (Acrylic, Alkyd, Epoxy, Polyurethane, Vinyl), Technology (Waterborne, Solventborne, Powder), Application (Architectural, Protective, General Industrial, Automotive, Wood, Packaging), & Region - Global Forecast to 2029", size is projected to reach a market size of USD 57.34 billion by 2029 from USD 45.28 billion in 2024, at a CAGR of 4.8%. Asia Pacific accounted for the largest share of coating resins in 2023. Coating resins are largely used in architectural and industrial applications. The acrylic resin segment is projected to be the largest share due to its use in various applications, such as architectural coatings, floor finishes, and automotive coatings. Emerging nations, such as China, India, Indonesia, and Brazil, are expected to play a crucial role in driving the coating resins market forward. ...... Read More |
November 1, 2024 |
Steam Trap Industry worth $5.57 billion by 2029According to the new market research report "Steam Trap Market by Mechanical (Ball Float, Inverted Bucket), Thermodynamic, Thermostatic (Balanced Pressure, Bimetallic, Liquid Expansion, Bellowed), Steel, Iron, Tracing, Drip, Process, Screwed, Flanged, Swivel, Oil & Gas - Global Forecast to 2029" The global steam trap market is expected to be USD 5.57 billion by 2029 from USD 4.57 billion by 2024, at a CAGR of 4.1% during the forecast period. The steam trap market is driven by several key factors, including the rising demand for energy-efficient solutions, stimulated by a greater need to save energy and decrease operational costs. Increased use of automation within a steam system also helps in further increasing growth for this market as automated solutions enhance performance while reducing manual intervention. The pressure to increase manufacturing efficiency, while also maintaining environmentally stringent compliance, has started to force industries into investing in even more advanced steam trap technologies-fitting the platform of the sustainability model. ...... Read More |
November 1, 2024 |
Artificial Intelligence in Retail Market worth $164.74 billion by 2030According to a research report "Artificial Intelligence in Retail Market by Solution (Personalized Product Recommendation, Visual Search, Virtual Stores, Virtual Customer Assistant, CRM), Type (Generative AI, Other AI), End-user (Online, Offline) - Global Forecast to 2030" published by MarketsandMarkets, the Artificial intelligence in retail market is expected to reach USD 164.74 billion by 2030 from USD 31.12 billion in 2024, at a CAGR of 32.0 % during 2024–2030. ...... Read More |
November 1, 2024 |
Latent TB Testing Market worth $773.4 million by 2029The report "Latent TB Testing Market by Test Type (Tuberculin Skin Test/TST, IGRA Test), Application (Household Contacts (HHC) of Tuberculosis (TB) Patients, People Living with HIV), End User (Diagnostic Labs, Hospitals), Region - Global Forecast to 2029", is valued at an estimated USD 582.5 million in 2024 and is projected to reach USD 773.4 million by 2029 at a CAGR of 5.8% during the forecast period. ...... Read More |
November 1, 2024 |
Marine Vessels Industry worth $133.63 billion by 2030The report "Marine Vessels Market by Ship Type (Destroyer, Frigate, Corvette, Patrol Vessels, Passenger Vessels, Container Vessels, Tanker), Tonnage (100 - 500 DWT, 500 - 5,000 DWT, 5,000 - 15,000 DWT, >15,000 DWT), Operation and Region - Global Forecast to 2030" The global marine vessels market is projected to reach USD 133.63 billion by 2030, from USD 111.10 billion in 2024, at a CAGR of 3.1%. The growth of international trade is the primary driver in the marine vessels market. This growth increased the demand for commercial ships that transport goods worldwide. Military navies are also expanding and updating their fleets to improve their capabilities, which adds to market activity. The rising demand for passenger travel and tourism is creating a need for more vessels, such as ferries and cruise ships. Additionally, efforts to replace older ships with newer, more efficient models are supporting the growth and modernization of the marine vessels market. ...... Read More |
November 1, 2024 |
Packaging Coatings Market worth $5.37 billion by 2029The report "Packaging Coatings Market by Technology (Waterborne, Solventborne, Energy Curable, Digital), Resin (Polyurethane, Epoxy, Acrylic, Polyester), Application (Rigid, Flexible, Paper), Printing Process, End-use Industry - Global Forecast to 2029", is projected to grow from USD 4.21 billion in 2024 to USD 5.37 billion by 2029, at a CAGR of 5.0% between 2024 and 2029. North America is the one of the largest markets for packaging coatings. The demand for different resin used in packaging coatings is experiencing significant growth across various industries, including food & beverage, industrial goods, medical & pharma, caps & closures, and more. Emerging nations such as India, Canada, Brazil, China and Mexico are expected to play a crucial role in driving the global packaging coatings market forward. ...... Read More |
October 31, 2024 |
Smart Stadiums Market worth $41.68 billion by 2029According to a research report "Smart Stadiums Market by Solutions (Digital Content Management, Stadium and Public Security, Building Automation, Event Management, Network Management, and Crowd Management), Stadium Type (Indoor, Outdoor, and Multi-Purpose) - Global Forecast to 2029" published by MarketsandMarkets, the Smart Stadiums market is estimated at USD 19.55 billion in 2024 to USD 41.68 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 16.3 %. A smart stadium refers to an arena that utilizes latest technology in perfecting fans, operators and other stakeholders experiences. Instances of its facilities include dynamic digital signage, smart parking, and automated concession stands. Such innovations streamline operations, reduce the waiting time, and make attending more personalized and engaging. Data analytics enables Smart Stadiums to optimize seating arrangements, improve crowd flow, and reduce emergency response times. Furthermore, the use of renewable energy sources, as well as effective waste management measures, reduce the venue's carbon footprint. Overall, Smart Stadiums substantially benefit organizations, including increased revenue, enhanced fan satisfaction, and improved operational efficiency. For instance, the AT&T Stadium utilizes advanced analytics to optimize seating layouts, while Wembley Stadium leverages technology to streamline operations and enhance the spectator experience. Similarly, the Johan Cruyff Arena employs data-driven insights to boost fan engagement and operational effectiveness. ...... Read More |
October 31, 2024 |
Occupancy Sensor Industry worth $5.20 billion in 2030The report "Occupancy Sensor Market by Type (Wall Mount, Ceiling Mount, Desk), Operation (Indoor, Outdoor), Connectivity (Wireless, ZigBee, Z-wave), Technology (Passive Infrared, Ultrasonic, Dual Technology, Image Processing), Installation - Global Forecast to 2030" The global occupancy sensor market is expected to reach USD 5.20 billion in 2030 from USD 2.75 billion in 2024, at a CAGR of 11.2% during the forecast period. As organizations and homeowners look to save energy and reduce utility costs, occupancy sensors can offer effective solutions by simply adjusting lighting, heating, or cooling based on instantaneous data for occupancy. The emergence of smart building technologies and the Internet of Things makes it easier to build automated systems in which occupancy sensors are integrated. Coupled with regulatory pressures for sustainability and energy conservation, there is ongoing demand for occupancy sensors as critical components of modern energy management strategies. ...... Read More |
October 31, 2024 |
Advanced Visualization Market worth $6.55 billion by 2029The report "Advanced Visualization Market by Type (Enterprise, Standalone), Modality (MRI, CT, PET, Ultrasound, Radiotherapy, Nuclear Medicine), Application (Radiology, Oncology, Neuro), End User (Hospital, ASC, Diagnostic Center) & Region - Global Forecast to 2029 ", is projected to reach USD 6.55 billion by 2029 from USD 3.78 billion in 2024, at a CAGR of 11.7% during the forecast period. ...... Read More |
October 31, 2024 |
NFC Industry worth $30.55 billion by 2029The report "NFC Market by Offering (NFC ICs, NFC Antennas, NFC Tags, NFC Readers), Operating Mode (Reader Emulation, Peer-to-Peer, Card Emulation), Use Cases (Payment and Transactions, Product Identification, Ticketing, Access Control) - Global Forecast to 2029" The global NFC market will USD 30.55 billion by 2029 from USD 21.69 billion by 2024, at a CAGR of 7.1% during the forecast period. Rapid industrialization and urbanization prevail largely in the emerging economies of China and India, particularly through the development of smart cities. Gradual concentration in industrial development has increased demand for the infrastructure required in cities. This would eventually lead to the development of educational & healthcare institutions, public administration offices, shopping malls, stores, and warehouses. This, in turn, will boost the demand for advanced NFC solutions and smartcard, particularly in technologically advancing countries such as India, China, and Brazil. ...... Read More |
October 30, 2024 |
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