Home › Press Releases

Press Releases

Title	Date
Biopesticides Market worth $15.66 billion by 2029 According to a research report "Biopesticides Market by Type (Bioinsecticides, Biofungicides, Bionematicides), Crop Type (Cereals & Grains, Oilseeds & Pulses), Formulation (Liquid and Dry), Source (Microbials, Biochemicals), Mode of Application, & Region - Global Forecast to 2029" published by MarketsandMarkets, the global biopesticides market is estimated at USD 7.72 billion in 2024 and is projected to reach USD 15.66 billion by 2029, at a CAGR of 15.2% during the forecast period. Increasing demand for sustainable and eco-friendly agricultural solutions is one of the driving forces in the biopesticides market. Growing concern for the environmental impact of synthetic chemicals, coupled with stringent government regulations on the use of chemical pesticides, accelerates the shift towards biopesticides. In addition, the growing awareness among farmers and consumers about the benefits from biological crop protection, such as less residue and better soil health, increases the pace of market growth. Biotechnological advances and formulation of more efficient biopesticides lead to better adoption in most agricultural sectors. ...... Read More	October 2, 2024
Bioadhesives Market worth $14.60 billion by 2029 The report "Bioadhesives Market by Product Type (Natural, Synthetic), Type (Plant-base, Animal-based), Application (Paper & Packaging, Construction, Woodworking, Medical, Personal Care), and Region - Global Forecast to 2029", is projected to reach a market size of USD 14.60 billion by 2029 from USD 9.65 billion in 2024, at a CAGR of 8.6%. Europe is accounted for largest share of bioadhesives market. The demand for bioadhesives is experiencing significant growth across various applications, including paper & packaging, construction, woodworking, medical, personal care, and more. Emerging nations such as Germany, UK, France, China, Japan, India, and US, are expected to play a crucial role in driving the bioadhesives market forward. ...... Read More	October 2, 2024
Life Science Analytics Market worth $61.94 billion by 2029 The report "Life Science Analytics Market by Type (Descriptive, Prescriptive, Predictive), Service (Analytics), Application (Drug Discovery, Trials, RWE, Access, Sales & marketing, Drug Safety), End User (Pharma, Medical Device), & Region - Global Forecast to 2029", is projected to reach USD 61.94 billion by 2029 from USD 35.69 billion in 2024, at a CAGR of 11.7% during the forecast period. ...... Read More	October 2, 2024
Battery Production Machine Industry worth $37.59 billion in 2029 According to the new market research report "Battery Production Machine Market by Electrode Stacking Machines, Calendaring Machines, Slitting Machines, Mixing, Coating & Drying, Assembling, Formation & Testing Machines, Lithium-ion Battery (NMC, LFP, NCA, LCO, LMO, LTO) - Global Forecast to 2029" The global battery production machine market size is projected to reach USD 37.59 billion in 2029 from USD 13.26 billion in 2024, with a CAGR of 23.2%. Strong demand for electric vehicles (EVs) and the growth of gigafactories that are looking for advanced manufacturing equipment for lithium-ion batteries are key drivers for the battery production machine market. Advances in battery materials, government policies that support clean energy, and increased focus on sustainability are also fuelling the growth in demand. The market is further driven by a requirement for energy storage solutions in renewable applications. ...... Read More	October 2, 2024
Cyber-Physical Systems (CPS) Industry worth $255.3 billion by 2029 The report "Cyber-Physical Systems (CPS) Market by Edge Computing, Data Processing & Analytics, Sensor, Actuator, ICS, IIoT, Digital Twin, Intelligent Transportation System, Smart Grid, Smart Building, Smart Agriculture, Robotics, Framework - Global Forecast to 2029" The global cyber-physical systems market is expected to be valued at USD 124.1 billion in 2024 and is projected to reach USD 255.3 billion by 2029; it is expected to grow at a CAGR of 15.5% from 2024 to 2029. ...... Read More	October 1, 2024
Specialty Vehicles Market worth $99.80 billion by 2030 According to a research report "Specialty Vehicle Market by Type (Fire, Garbage, Vacuum, Fuel Carrying Tankers, Street Sweepers, Ambulance & Recreational Vehicles), Application, Propulsion (ICE & EV), Battery Chemistry, End-use Industry and Region - Global Forecast to 2030" published by MarketsandMarkets, the global Specialty Vehicles market is estimated to grow from USD 82.30 billion in 2024 to USD 99.80 billion by 2030, at a CAGR of 3.3%. ...... Read More	October 1, 2024
Hollow Fiber Ultrafiltration Market worth $4.21 billion by 2029 The report "Hollow Fiber Ultrafiltration Market by Type (Polymeric, Ceramic, Hybrid,), Application (Municipal, Industrial (Pharmaceutical, Chemicals, Oil and Gas)), Region- Global Forecast to 2029", size is projected to grow from USD 2.08 billion in 2024 to USD 4.21 billion by 2029, registering a CAGR of 15.2% during the forecast period. The growth of the hollow fiber ultrafiltration market is fueled by its various reasons such as its characteristics like chemical stability, high flux and permeability, its environmental advantages and regulatory considerations by Safe Drinking Water Act (SDWA) approved, making water suitable for human consumption as well. ...... Read More	October 1, 2024
Data Center Infrastructure Management Market worth $5.01 billion by 2029 According to a research report "Data Center Infrastructure Management Market by DCIM Software (Monitoring, Operations & Management) and Functionality (Asset Management, Operational Monitoring, Performance Optimization, Configuration, Reporting & Dashboards) - Global Forecast to 2029" published by MarketsandMarkets, the Data Center Infrastructure Management Market is expected to grow from USD 3.02 billion in 2024 to USD 5.01 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 10.6% during the forecast period. The increasing use of AI and machine learning is expected to fuel substantial expansion in the worldwide Data Center Infrastructure Management (DCIM) market. Organizations are increasingly looking for DCIM solutions in sectors such as IT, finance, and healthcare to improve scalability, operational efficiency, and cost optimization. Greater investment in automation and advanced analytics technologies will speed up market growth, resulting in better infrastructure management and real-time data processing. These advancements will enhance decision-making, optimize resource use, and manage data center operations proactively. Therefore, DCIM will keep developing to cater to the requirements of contemporary businesses, driving forthcoming market expansion. ...... Read More	October 1, 2024
Silicon on Insulator Industry worth $2.55 billion by 2029 The report "Silicon on Insulator Market by Smart Cut SOI, Bonding SOI, Layer Transfer SOI, RF-SOI, Power -SOI, FD-SOI, RF FEM, MEMS Devices, Optical Communication, Image Sensing Devices, Automotive and Military & Defense - Global Forecast to 2029" The global silicon on insulator market was valued at USD 1.29 billion in 2024 and is projected to reach USD 2.55 billion by 2029; it is expected to register a CAGR of 14.7% during the forecast period. The demand for silicon on insulators reduces the overall cost of semiconductor devices by minimizing silicon wastage during the manufacturing of thin SOI wafers. It also leads to improved performance, low operating voltage required by SOI wafers, and increased investments in the SOI ecosystem. SOI devices can operate at higher frequencies compared to traditional bulk silicon devices, leading to improved performance in applications like high-speed communications and computing. ...... Read More	September 30, 2024
Gluten-free Products Market worth $11.48 billion by 2029 According to a research report "Gluten-free Products Market by Type (Bakery Products, Snacks & RTE Products, Pizzas & Pastas, Condiments & Dressings), Form, Distribution Channel (Conventional Stores, Specialty Stores, and Drugstores & Pharmacies), Source - Global Forecast to 2029" published by MarketsandMarkets, the global gluten-free products market, estimated to be USD 7.70 billion in 2024, showcases a remarkable growth projection, anticipated to escalate to USD 11.48 billion by 2029, indicating a robust compound annual growth rate (CAGR) of 8.3% during the forecast period. ...... Read More	September 30, 2024
Solvents Market worth $43.43 billion by 2029 The report "Solvents Market by Type (Oxygenated, Hydrocarbon, Halogenated), Application (Paints & Coatings, Pharmaceuticals, Adhesives, Printing Inks, Personal Care, Agricultural Chemicals), Source (Natural, Derived), and Region - Global Forecast to 2029", size was USD 35.07 billion in 2024 and is projected to reach USD 43.43 billion by 2029, at a CAGR of 4.4%, between 2024 and 2029. ...... Read More	September 30, 2024
Application Modernization Services Market worth $39.62 billion by 2029 According to a research report "Application Modernization Services Market by Service Type (Cloud Application Migration, Application Re-Platforming, Post Modernization), Application Type (Legacy, Cloud-hosted, Cloud-native) - Global Forecast to 2029" published by MarketsandMarkets, the application modernization services market is estimated at USD 19.82 billion in 2024 to USD 39.62 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 14.8%. The application modernization services market refers to the services that are designed to transform legacy applications into newer, more agile platforms that are aligned better with the current and emerging business needs. It includes application portfolio assessment, cloud application migration, application re-platforming, UI/UX modernization, post modernization ,and application integration services that are used to transform the legacy systems. These services are of prime importance to companies that seek to be competitive, as these allow them to implement more advanced forms of digital tools and processes that drive the operational efficiency and innovation. Additionally, with cloud-native architectures and emerging technologies such as AI and ML, businesses can optimize performance and cost savings. The application modernization services market will therefore witness a significant growth as organizations increasingly want to upgrade their IT environment to be in tune with the requirements of digital transformation initiatives, respond to changing customer expectations, and provide improved security and compliance in an ever-changing technological landscape. ...... Read More	September 30, 2024
ACL Graft Market worth $0.18 billion by 2029 The report "ACL Graft Market by Type of ACL Surgery (Reconstruction, Revision), Age (Above & Below 19 years), Gender (Male, Female), Injury (Sports Injuries (Basketball, Football), Non-sports Injuries (Road Accidents, Falls)), End User - Global Forecast to 2029", is projected to reach 0.18 billion by 2029 from USD 0.12 billion in 2024, at a CAGR of 7.2% during the forecast period. The market growth is mainly due to the increase in sports and accident-related injuries, and rise in the aging population that is more susceptible to orthopedic complications. In addition, the favorable government initiatives and improved insurance coverage for ACL surgeries are expected to offer growth opportunities for players operating in the ACL graft market during the forecast period. However, the high cost of ACL reconstruction surgery is expected to hamper the adoption of these products. ...... Read More	September 30, 2024
Biorefinery Market worth $314.62 billion by 2029 According to a research report "Biorefinery Market by Technology (Industrial Biotechnology, Physico-Chemical, Thermochemical), Product (Energy, Material), Type (First Generation (Corn, Vegetable Oils, Sugarcane), Second Generation, Third Generation) and Region - Global Forecast to 2029" published by MarketsandMarkets, Biorefinery market is anticipated to grow from estimated USD 212.05 billion in 2024 to USD 314.62 billion by 2029, at a CAGR of 8.2% during the forecast period. The growth in the market will be attributed to the rise of demand for biofuels and biobased chemicals and material across various geographies. Government policies and regulations for the adoption of biofuels across various countries boost the market growth. All the digital technologies, including advanced sensors, data analytics, and automation, have been optimized in the operations of biorefineries. These technologies have led to lowered energy usage, decreased waste generation, and optimum process control-cum-effecting substantial financial savings. Technological advances in biorefineries have dramatically accelerated the market, as it has been instrumental in making things more efficient and less expensive while diversifying their products and making it more sustainable. ...... Read More	September 27, 2024
6G Market worth $68.69 billion by 2035 According to a research report "6G Market by Enterprise Application (Holographic Communication, Tactile/Haptic Internet, Fully Automated Driving, Industry 5.0, Internet of Bio-Nano-Things, Deep-sea Sightseeing), Usage Scenario (FeMBB, ERLLC, umMTC, LDHMC, ELPC) - Global Forecast to 2035" published by MarketsandMarkets, the 6G market is expected to reach USD 68.69 billion by 2035 from USD 3.96 billion in 2030, at a Compound Annual Growth Rate (CAGR) of 76.9 % from 2030–2035. The breakthrough in digital services and connectivity solutions in 6G will open tremendous new doors of business models and revenue streams. New business opportunities based on immersive virtual or augmented reality environments, real-time analytics on data, and advances in artificial intelligence-driven services will be enabled. The new revenue sources opened up in the entertainment, healthcare, and smart cities markets will be stimulated by 6G due to growing demands for high-quality interactive applications. At the same time, 6G will unlock new markets through new connectivity solutions and network-based services, including edge computing and advanced IoT applications, that can support further economic growth. ...... Read More	September 27, 2024
Age-related Macular Degeneration (AMD) Drugs Market worth $17.37 billion by 2029 The report "Age-related Macular Degeneration (AMD) Drugs Market by Product (Lucentis, Eylea & Eylea HD, Vabysmo, Syfovre), Molecule (Ranibizumab, Aflibercept, Faricimab), Approval Type (Biologic, Biosimilar), Type of AMD, End User - Global Forecast to 2029 ", is projected to reach USD 17.37 billion by 2029 from USD 10.46 billion in 2024, at a CAGR of 10.7% during the forecast period of 2024 to 2029. ...... Read More	September 27, 2024
Ceramic Fiber Market worth $3.5 billion by 2029 The report "Ceramic Fiber Market by Type (Refractory Ceramic Fiber (RCF), Alkaline Earth Silicate (AES) Wool), Product Form (Blanket, Board, Paper, Module), End-use Industry (Refining & Petrochemical, Metal, Power Generation), and Region - Global Forecast to 2029", size was 2.3 billion in 2024 and is projected to reach USD 3.5 billion by 2029, at a CAGR of 8.6%, between 2024 and 2029. ...... Read More	September 27, 2024
Anti-Drone Industry worth $7.05 billion by 2029 The report "Anti-Drone Market by Electronic Systems, Laser Systems, Kinetic Systems, Hybrid Systems, Detection, Detection & Disruption, Ground-based, UAV-based, Handheld, Military & Defense, Homeland Security and Public Venues - Global Forecast to 2029" The global anti-drone market was valued at USD 2.16 billion in 2024 and is projected to reach USD 7.05 billion by 2029; it is expected to register a CAGR of 26.7% during the forecast period. Increasing government spending on counter-drone technologies, rising incidence of critical infrastructure security breaches by unauthorized drones, and surge in adoption of aerial remote sensing technologies to safeguard critical infrastructure are attributed to the demand for anti-drone. ...... Read More	September 27, 2024
Technical Ceramics Market worth $17.5 billion by 2029 The report "Technical Ceramics Market by Material (Oxide, Non-Oxide), Product Type (Monolithic Ceramics, Ceramic Matrix Composites, Ceramic Coatings), End-Use Industry (Electronics, Automotive, Energy & Power, Medical, Military), & Region - Global Forecast to 2029" technical ceramics market size is projected to grow from USD 12.2 billion in 2024 to USD 17.5 billion by 2029, registering a CAGR of 7.4% during the forecast period. Technical ceramic products can withstand very high temperatures and corrosive environments. Technical ceramics, because of their superior and multifaceted properties, are being extensively researched and developed. The major driver for the market is the growing demand for technical ceramics in the medical end-use industry. These ceramics offer superior properties in a corrosive environment for applications such as bone replacement. ...... Read More	September 26, 2024
Medical Gas and Equipment Market worth $26.44 billion in 2029 The report "Medical Gas and Equipment Market by Type (Pure Medical Gases/Mixtures), Medical Gas Equipment (Flowmeter, Medical Air Compressor)), Application (Therapeutics (Respiratory), Diagnostics), End User (Hospitals, Home Healthcare) - Global Forecast to 2029", is projected to reach USD 26.44 billion in 2029 from USD 19.90 billion in 2024, at a CAGR of 5.8% between 2024 and 2029. ...... Read More	September 26, 2024
Cleanroom Technologies Market worth $12.3 billion by 2029 The report "Cleanroom Technologies Market by Product (HEPA Filters, HVAC, Laminar Air Flow Systems, Safety/Cleaning Consumables, Controls), Type (Standard, Modular (Hardwall, Softwall), Mobile), End User (Pharmaceutical, Biotechnology) - Global Forecast to 2029", is projected to reach USD 8.8 billion in 2024 and is projected to reach USD 12.3 billion by 2029, at a CAGR of 6.9% during the forecast period. ...... Read More	September 26, 2024
OTA Testing Industry worth $3.17 billion by 2029 The report "OTA Testing Market by Test Chambers, Antenna Testing Solutions, Software, Services, 5G, LTE, UMTS, GSM, CDMA, Wi-Fi, Bluetooth, Smartphones, Laptops, Notebooks & Tablets, Wearables, Automotive & Transportation and Smart Cities - Global Forecast to 2029" The OTA Testing industry is expected to reach USD 3.17 billion by 2029, up from USD 2.23 billion in 2024, at a CAGR of 7.3% from 2024 to 2029.Rising demand for wireless consumer devices, growing adoption of 5G technology, expansion of the Internet of Things (IoT) ecosystem, and stringent regulatory requirements for wireless devices are some of the major factors contributing to the growth of the OTA testing market. Moreover, opportunities such as advancements in autonomous vehicles, growth in smart city initiatives and infrastructure, advancements in millimeter wave (mm-wave), and massive mimo technologies drive the market growth. ...... Read More	September 26, 2024
API Management Market worth $16.93 billion by 2029 According to a research report "API Management Market by Platform (API Gateways, API Lifecycle Management, API Security, API Analytics & Monitoring, API Developer Portal), Service (Integration & Implementation, Support & Maintenance, Training & Education) - Global Forecast to 2029" published by MarketsandMarkets, the global API management market will grow from USD 7.67 billion in 2024 to USD 16.93 billion by 2029 at a compounded annual growth rate (CAGR) of 17.1% during the forecast period. API management platforms transform how businesses manage and deploy APIs, making integration more seamless and secure. By providing tools for creating, deploying, and monitoring APIs, these platforms enable organizations to handle their digital assets efficiently. API management integrates various security protocols, analytics, and traffic management technologies to ensure scalability and optimal performance. Additionally, it fosters easier collaboration between internal systems and third-party applications, enhancing agility and allowing companies to adapt smoothly to rapid changes in demand or technology shifts. ...... Read More	September 26, 2024
Cargo Drones Industry worth $8.92 billion by 2030 The report "Cargo Drones Market by Solution (Avionics, Route Planning & Optimization, Ground Control Stations), Payload (10-49 Kg, 50-149Kg, 150-249 Kg, 250-449 Kg, 500-499 Kg, 500-999 Kg, >1,000 Kg), Industry, Range, Type, and Region - Global Forecast to 2030" The cargo drones market is projected to reach USD 8.92 billion by 2030, from USD 1.53 billion in 2024, at a CAGR of 34.2%. The volume of cargo drones is projected to grow from 445 (in Units) in 2024 to 2,746 (in Units) by 2030. The market growth can be attributed to the rising demand for the faster and efficient shipment delivery along with the significant advancement. The market for cargo drones is expanding as companies are seeking ways to increase delivery and logistics effectiveness. Cargo drones are starting to become a practical option because of their capacity to move products fast and economically, especially in remote locations where traditional transportation is limited. Developments in technology are also important. Drones are becoming increasingly dependable and capable due to advancements in battery life, payload capacity, and navigation systems. Businesses are spending money on R&D to improve the performance and safety of drones, which is necessary to win over the public and regulatory bodies. Key players have spread their business across various countries including North America, Europe, Asia Pacific, the Middle East, Latine Amercia and Africa. ...... Read More	September 25, 2024
Digital Thread Industry worth $36.81 billion by 2030 The report "Digital Thread Market by Technology (PLM, SLM, CAD, MES, IoT, ERP, edge computing, Digital Twin, ALM, SCADA), Module (Data collection, Data management & Integration), Deployment, Application, Vertical, Region - Global Forecast to 2030" The Digital Thread Market is expected to reach USD 36.81 billion by 2030 from USD 11.42 billion in 2024, at a CAGR of 21.5% during 2024–2030. The significant growth factor associated with the digital thread market is increasing demand for IoT and connected devices, the need for enhanced product quality and efficiency, and stringent regulatory compliance requirements. Advancements in AI and machine learning, trends toward customization and personalization, the rise of Industry 4.0, and a focus on sustainability also drive adoption. These elements make digital threads essential for optimizing operations, improving decision-making, and supporting agile, efficient, and sustainable production processes across various industries. ...... Read More	September 25, 2024
Consumer Identity and Access Management (CIAM) Market worth $21.0 billion by 2030 According to a research report "Consumer Identity and Access Management (CIAM) Market Size, Share, Growth Analysis, By Offering (Solutions (Identity Administration, PII Management & Analytics, Access Management, Fraud Detection) & Services) - Global Industry Forecast to 2030" published by MarketsandMarkets, When forecasted globally, the CIAM market is projected to rise from USD 12.5 billion in 2024 to USD 21.0 billion by 2030 at a Compound Annual Growth Rate (CAGR) of 8.9% during the forecast period. An increasing significance of strict regulatory compliance has driven the CIAM adoption rapidly. Apart from this, a high volume of online transactions requiring secure user access management is further driving significant expansion in the CIAM market. ...... Read More	September 24, 2024
Industrial Robotics Industry worth $29.43 billion by 2029 The report "Industrial Robotics Market by Robot (Articulated, SCARA, Cartesian, Parallel, Cylindrical, Collaborative), Payload (up to 16 kg, >16 to 60 kg, >60 to 225 kg, >225 kg), Offering (End Effectors, Controllers, Drive Units, Sensors) - Global Forecast to 2029" The industrial robots market is projected to grow from USD 16.89 billion in 2024 to USD 29.43 billion by 2029; it is expected to grow at a CAGR of 11.7% during the forecast period. The increasing adoption of collaborative robots across industries and shortage of skilled workforce in manufacturing sector are driving market growth. Furthermore, the rising automation in electronics manufacturing and emergence of industry 5.0 are expected to create lucrative growth opportunities for the market during the forecast period. ...... Read More	September 24, 2024
Project Portfolio Management (PPM) Market worth $13.7 billion by 2029 According to a research report "Project Portfolio Management (PPM) Market by Application (Project Planning & Management, Strategic Portfolio Management, Budget & Financial Management, Resource & Capacity Optimization, Reporting & Analytics) - Global Forecast to 2029" published by MarketsandMarkets, the Project Portfolio Management Market is expected to grow from USD 7.8 billion in 2024 to USD 13.7 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 11.9% during the forecast period. The increasing adoption of AI and machine learning will further fuel the growth of the PPM market in the future. The heightened demand for enhanced project control, resource efficiency, and strategic alignment is forecasted to foster increased adoption of PPM solutions across IT, construction, and finance industries. Increased investments in advanced analytics and automation tools will likely further boost the market growth, thus helping make better decisions based on data across complex project portfolios. ...... Read More	September 23, 2024
Sterilization Services Market worth $5.2 billion by 2029 The report "Sterilization Services Market by Method (Electron beam, EtO, Steam, Gamma, X-Ray, Hydrogen Peroxide), Type (Contract Sterilization, Validation Services), Mode of Delivery (Off-Site, On-Site), End User, & Region - Global Forecast to 2029", is projected to reach 5.2 billion by 2029 from USD 3.6 billion in 2024, at a CAGR of 7.7% during the forecast period. The market growth is mainly due to growing prevalence of hospital-acquired infections and rising trend of outsourcing sterilization services to third party vendors. In addition, increasing expansion of pharmaceutical & medical device companies in emerging markets and potential of e-beam sterilization are expected to offer growth opportunities for players operating in the sterilization services market during the forecast period. However, the risk of sterilization of advanced medical instruments is expected to hamper the adoption of these products. ...... Read More	September 23, 2024
Cyanoacrylate Adhesives Market worth $2.56 billion by 2029 The report "Cyanoacrylate Adhesives Market by Chemistry (Ethyl cyanoacrylate, Methyl cyanoacrylate), End-use Industry (Industrial, Woodworking, Transportation (Automotive, Aerospace, Medical, Electronics, Consumer) - Global Forecast to 2029", is projected to reach a market size of USD 2.56 billion by 2029 from USD 2.22 billion in 2024, at a CAGR of 2.9%. Asia Pacific is the one of the largest markets for cyanoacrylate adhesives. The demand for cyanoacrylate adhesives is experiencing significant growth across various industries, including automotive, electronics, medical, consumer, and more. Emerging nations such as China, Japan, India, US, and Germany, are expected to play a crucial role in driving the cyanoacrylate adhesives market forward. ...... Read More	September 23, 2024

Home › Press Releases

Press Releases

How can we help you?