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Home › Press Releases
Press Releases
Title | Date |
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Methanol Market worth $55.80 billion by 2030The report "Methanol Market by Feedstock (Natural Gas, Coal), Derivative (Formaldehyde, MTO/MTP, Gasoline, MTBE, MMA, Acetic Acid, DME, Biodiesel), Sub-Derivative, End-use Industry (Automotive, Construction, Electronics), and Region - Global Forecasts to 2030"global methanol market size is expected to grow from USD 45.56 billion in 2025 to USD 55.80 billion by 2030, at a CAGR of 4.1% during the forecast period. Methanol, commonly known as methyl alcohol, is a volatile, colorless liquid with a pleasant, slightly sweet smell. It is a chemical building block employed as a carrier of energy and an element used as a building block in industrial chemistry. Methanol is commonly generated from natural gas via steam reforming, yet it may also be generated using renewable sources. Methanol is used in various industries, such as construction, automotive, electronics, appliances, paints & coatings, insulation, pharmaceuticals, packaging, and solvents. ...... Read More |
May 1, 2025 |
Life Science Analytics Market worth $68.81 billion by 2030The report "Life Science Analytics Market by Type (Descriptive, Prescriptive, Predictive), by Service (Analytics), Application (Drug Discovery, Trials, RWE, Access, Sales & Marketing, Drug Safety), End User (Pharma, Medical Device) & Region - Global Forecast to 2030"global life science analytics market is projected to reach USD 68.81 billion by 2030 from USD 40.03 billion in 2025, at a CAGR of 11.4% during the forecast period. ...... Read More |
May 1, 2025 |
Image-guided Navigation Market worth $3,912.5 million by 2030The report "Image-guided Navigation Market by Product (Workstation, Software, Navigator), Therapy Area (Neurology, ENT), Type of Navigation (Optical, EM), Care Setting (Interventional Radiology Suite, Surgical), Reference Modality, End User - Global Forecast to 2030",global image-guided navigation market is projected to grow from USD 2,545.6 million in 2025 to USD 3,912.5 million by 2030, at a CAGR of 9.0%, during the forecast period. ...... Read More |
May 1, 2025 |
North America Copper Tubes Market worth $3.44 billion by 2030The report "North America Copper Tubes Market by Type (Type K, Type L, Type M), Form (Straight Tubes, Coils, Capillary Tubes), Application (HVACR, Plumbing, Industrial, Automotive, Medical) - Global Forecast to 2030", is projected to grow from USD 3.18 billion in 2024 to USD 3.44 billion by 2030, registering a CAGR of 4.0% during the forecast period. ...... Read More |
April 30, 2025 |
Solar Tracker Market worth $22.87 billion by 2029According to a research report "Solar Tracker Market by Axis Type (Single-axis, Dual-axis), Type (Grid-connected, Off-grid), Application (Utility, Non-utility), Region (Asia Pacific, North America, Europe, Latin America, Middle East & Africa) - Global Forecast to 2029" published by MarketsandMarkets, the global Solar Tracker Market is projected to reach USD 22.87 billion by 2029 from an estimated USD 10.32 billion in 2024, at a CAGR of 17.3%. The solar tracker market is witnessing significant growth driven by the global transition to sustainable energy and the need to boost solar power generation efficiency. The rapid scaling of solar energy infrastructure, particularly in grid-tied utility-scale projects, drives the demand for advanced solar tracking systems. These trackers enhance energy capture by optimizing panel orientation relative to solar incidence angles. Contributing factors to this trend include increasing land-use efficiency mandates, declining costs of solar components, and a heightened emphasis on minimizing the levelized cost of electricity (LCOE). Furthermore, the integration of emerging digital technologies and rising electrification demands in developing regions further propels market dynamics in this sector. ...... Read More |
April 30, 2025 |
Operational Technology (OT) Security Market worth $50.29 billion by 2030According to a research report "Operational Technology (OT) Security Market by Offering (Solutions and Services), Deployment Mode (On-premises and Cloud), Organization Size (SMEs and Large Enterprises), Vertical (Manufacturing, Oil & Gas, and Energy & Power) - Global Forecast to 2030" published by MarketsandMarkets, the operational technology (OT) security market is projected to grow from USD 23.47 billion in 2025 to USD 50.29 billion by 2030 at a Compound Annual Growth Rate (CAGR) of 16.5% during the forecast period. The increasing convergence of IT and OT networks, which exposes historically isolated industrial systems to new cyber threats, is a major factor driving OT security demand. Strong OT security is necessary to safeguard vital infrastructure and guarantee continuous operations since enterprises are integrating operational systems with enterprise IT for efficiency and real-time data insights, which creates an increased attack surface. ...... Read More |
April 30, 2025 |
EMC Filtration Industry worth $1.59 billion by 2030The report "EMC Filtration Market by EMC Filter (1-phase EMC Filters, 3-phase EMC Filters, DC Filters, IEC Inlets, and Chokes) and Power Quality Filter (Passive Harmonic Filters, Active Harmonic Filters, Output Filters and Reactors) - Global Forecast to 2030" The EMC filtration market is projected to reach USD 1.59 billion by 2030 from USD 1.26 billion in 2025, at a CAGR of 4.7%. The shift from conventional fuel-based engines toward electric vehicles is increasing the demand for EMC filtration. Electric vehicles comprise various electronic components, including motors, battery units, and control units, which become vulnerable to electromagnetic interference and pose a threat to motor malfunction. ...... Read More |
April 30, 2025 |
Small Drones Industry worth $11.25 billion by 2030The report "Small Drones Market by Application (Combat, ISR, Inspection, Survey & Mapping, Agriculture, Delivery, Search & Rescue), Platform (Nano, Micro, Mini), Type (Fixed Wing VTOL, Multi Rotor, Hybrid), Mode of Operation, Power Source, and Region – Global Forecast to 2030" The small drones market is estimated at USD 6.40 billion in 2025. It is expected to reach USD 11.25 billion by 2030, with a CAGR of 11.9%. The small drones market is growing rapidly, largely due to the increased use of drones for civil and commercial applications, such as agriculture, delivery services, and media. Military procurement is also rising, especially for intelligence and surveillance purposes. Supportive government regulations further foster a favorable environment for drone development. The growing need for small patrolling drones for marine border security adds to the market’s growth. ...... Read More |
April 30, 2025 |
Surface Disinfectant Market worth $4.38 billion by 2030The report "Surface Disinfectant Market by Composition (Alcohols, Chlorine, Quaternary Ammonium, H2O2), Type (Liquid, Wipes, Sprays), Application (Surface Disinfection), End User (Hospitals, Clinics, Diagnostic Laboratories), & Region - Global Forecast to 2030", is valued at an estimated USD 3.04 billion in 2025. The size is projected to reach USD 4.38 billion by 2030, at a CAGR of 7.6%. ...... Read More |
April 30, 2025 |
Hardware in the Loop Industry worth $1,784.4 million by 2030The report "Hardware in the Loop Market by Offering (Hardware, Software and Consulting and System Design, System Integration, Maintenance and Support)), Type (Open Loop, Closed Loop), Vertical and Region - Global Forecast to 2030" The hardware in the loop market is estimated to be valued at USD 1,100.8 million in 2025 and is projected to reach USD 1,784.4 million by 2030, growing at a CAGR of 10.1% from 2025 to 2030. The growth of this market can be attributed to the adoption in new application areas such as power electronics and industrial robotics and technological advancements in electric and autonomous vehicles. An increasing trend of software-defined vehicle systems is leading to frequent use of HIL systems for continuous software integration and testing. The growth of Industry 4.0 and smart manufacturing is creating demand for HIL within robotics and industrial automation. The demand for economic evaluation of renewable energy systems and grid-connected inverters will also accelerate the market growth. ...... Read More |
April 29, 2025 |
Subsea Thermal Insulation Materials Market worth $316.6 million in 2030The report "Subsea Thermal Insulation Materials Market by Type (Polyurethane, Polypropylene, Silicone Rubber, Epoxy, Aerogel, EPDM, Other Types), Filler Type (Glass Microspheres, Other Filler Types), Application (Pipe-in-Pipe, Direct Insulation & Pipe Covers, Equipment, Field Joints, Other Applications), and Region - Global Forecast to 2030", subsea thermal insulation materials market is expected to reach USD 316.6 million in 2030 from USD 256.7 million in 2025, registering a CAGR of 4.3% during the forecast period. ...... Read More |
April 29, 2025 |
Collagen & Gelatin Market worth $1,671.3 million in 2030The report "Collagen & Gelatin Market by Source (Bovine, Porcine, Marine), Application (Orthopedic, Cardiovascular, Dental, Surgical), Competitive Landscape (Company Profile, Market share, Company Evaluation Matrix), End User, and Region - Global Forecast to 2030", is projected to reach USD 1,671.3 million in 2030 from USD 1,295.5 million in 2025 at a CAGR of 5.8% between 2025 and 2030. ...... Read More |
April 29, 2025 |
Live Cell Imaging Market worth $4.75 billion in 2030The report "Live Cell Imaging Market by Product (Instruments, Consumables, Software, Services), Application (Cell Biology, Stem Cells, Drug Discovery), Technology (Time-lapse Microscopy, FRET, FRAP, HCS), End User (Pharma, Biotech, CROs) - Global Forecast to 2030", is projected to reach USD 4.75 billion in 2030 from USD 3.13 billion in 2025 at a CAGR of 8.68% between 2025 and 2030. ...... Read More |
April 28, 2025 |
Artificial Intelligence Market worth $2,407.02 billion by 2032According to a research report "Artificial Intelligence (AI) Market by Offering (Infrastructure, Software, Services), Technology (ML, NLP, Generative AI), Business Function (Operations & Supply Chain, Finance & Accounting), Enterprise Application, and End User - Global Forecast to 2032" published by MarketsandMarkets, the market for artificial intelligence is slated to expand from USD 371.71 billion in 2025 to USD 2,407.02 billion by 2032, at a CAGR of 30.6% during the forecast period ...... Read More |
April 28, 2025 |
Industrial Data Management Industry worth $213.20 billion by 2030The report "Industrial Data Management Market by Type (Data Orchestration & Analytics, Data Storage & Integration, Data Sharing, Data Security, Data Visualization, Data Governance & Compliance), Data Type(Structured, Unstructured) - Global Forecast to 2030" The global industrial data management market is expected to be valued at USD 105.10 billion in 2025 and is projected to reach USD 213.20 billion by 2030; it is expected to grow at a CAGR of 15.2 % from 2025 to 2030. ...... Read More |
April 28, 2025 |
Pet Dietary Supplements Market worth $4.11 billion by 2030According to a research report "Pet Dietary Supplements Market by Type (Dogs, Cats, and Other Pet Types), Supplement Form (Tablets & Capsules, Powders, Soft Chews, and Other Supplement Forms), Supplement Type, Function, Distribution Channel, and Region - Global Forecast to 2030" published by MarketsandMarkets, the pet dietary supplements market is estimated at USD 2.71 billion in 2025 and is projected to reach USD 4.11 billion by 2030, at a CAGR of 8.7% from 2025 to 2030 ...... Read More |
April 28, 2025 |
Sodium Perborate Market worth $184.0 million in 2030The report "Sodium Perborate Market by Type (Sodium Perborate Monohydrate, Sodium Perborate Tetrahydrate), End-use Industry (Household & Industrial Cleaning, Healthcare & Pharmaceutical, Textile), and Region - Global Forecast to 2030", is expected to reach USD 184.0 million in 2030 from USD 153.3 million in 2025, registering a CAGR of 3.7% during the forecast period. ...... Read More |
April 28, 2025 |
Enterprise Networking Market worth $193.77 billion by 2030According to a research report "Enterprise Networking Market by Networking Devices (Routers, Switches, Firewalls, Access Points), Technology (SDN, SD-WAN, SASE, Intent-Based Networking), Network (Branch, Remote, Campus, Datacenter), Connection (Wired, Wireless) - Global Forecast to 2030" published by MarketsandMarkets, the enterprise networking market is estimated at USD 124.59 billion in 2025 and is expected to reach USD 193.77 billion by 2030 at a CAGR of 9.2% during 2025–2030. ...... Read More |
April 28, 2025 |
AI PC Industry worth $260.43 billion by 2031The report "AI PC Market by Product (Desktops & Notebooks, Workstations), Operating System (Windows, macOS, Chrome), Compute Type (GPU, NPU <40 TOPs, 40–60 TOPS), Compute Architecture (X86, ARM), Price (<USD 1,200, USD 1,200 and Above) - Global Forecast to 2031" The global AI PC market is projected to grow from USD 91.23 billion in 2025 to USD 260.43 billion by 2031, at a CAGR of 19.1%. The demand for AI PCs increases as users seek intelligent, responsive, personalized computing experiences. Standard PCs struggle to meet the performance required for advanced applications, including real-time translation and AI-driven content creation. AI PCs with specialized hardware, such as neural processing units (NPUs) and optimized processors, offer faster processing, enhanced privacy, and reduced reliance on cloud computing. Consequently, consumers and enterprises are shifting to AI-powered devices that effectively handle these demanding workloads. ...... Read More |
April 25, 2025 |
Artificial Intelligence in Energy Market worth USD 58.66 billion in 2030According to a research report "Artificial Intelligence in Energy Market by Application (Energy Demand Forecasting, Grid Optimization & Management, Energy Storage Optimization), End Use (Generation, Transmission, Distribution, Consumption) - Global Forecast to 2030" published by MarketsandMarkets, the AI in energy market is expected to reach USD 8.91 billion by 2024 from USD 58.66 billion in 2030, at a Compound Annual Growth Rate (CAGR) of 36.9% from 2024 to 2030. AI can help decarbonize and reduce the energy demands of the construction of buildings themselves. Cement, as the primary building material used today, represents 7-8% of global carbon emissions, according to a report published by the United States Department of Energy. AI can be used to design and optimize low-carbon cement designs, enabling accelerated materials formulation and innovation. AI can also be used to identify efficiencies in building construction. The planning and sequencing steps for building construction are a manual process and can be optimized with AI to unlock process efficiency and reduce waste at construction sites. ...... Read More |
April 25, 2025 |
Environmental Testing Products Market worth $5.62 billion by 2030The report "Environmental Testing Products Market by Product (Instrument, Consumable), Technology (HPLC/LC, GC, Mass Spectrometry, NMR, IR, PCR), Application (Water (PFAS), Air, Soil (Pesticide)), End User (Industrial, Govt., Residential) - Global Forecast to 2030", is projected to reach USD 5.62 billion by 2030 from USD 3.80 billion in 2024, growing at a CAGR of 7.1% during the forecast period. The market for Environmental testing products is expanding due to the government and private sector are putting more into environmental monitoring programs, pollution management, and public health. The expansion and establishment of biobanks and environmental research programs require reliable analytical methods for sample analysis. ...... Read More |
April 25, 2025 |
Chromic Materials Market worth $6.37 billion by 2030The report "Chromic Materials Market by Technology (Photochromism, Thermochromism, Electrochromism, Others), Material, Application (Smart Windows, Smart Fabrics, Others), End-use Industry, Region - Global Forecast to 2030", chromic materials market is projected to reach USD 6.37 billion by 2030 at a CAGR of 6.5% from USD 4.64 billion in 2025 ...... Read More |
April 25, 2025 |
Risk Analytics Market worth $51.34 billion by 2030According to a research report "Risk Analytics Market by Offering (GRC Software, ERM Software, Third-party Risk Management Tools, Consulting Services, Risk Advisory Services), Risk Type (Operational Risks, Financial Risks, Technology Risks), and Verticals - Global Forecast to 2030" published by MarketsandMarkets, the global market for risk analytics is slated to expand from USD 32.25 billion in 2025 to USD 51.34 billion by 2030 at an impressive CAGR of 9.7% over the forecast period ...... Read More |
April 25, 2025 |
Aircraft Sensors Industry worth $9.33 billion by 2030The report "Aircraft Sensors Market by Sensor Type (Pressure, Proximity, Optical, Force, Radar, Temperature, Motion), Application (Propulsion, Aerostructures & Flight Control, Flight Deck), Connectivity, End Use, Aircraft Type and Region - Global Forecast to 2030" The aircraft sensors market is estimated to be USD 7.36 billion in 2025. It is projected to reach USD 9.33 billion by 2030 at a CAGR of 4.9%. The aircraft sensors market is increasing with the increasing focus on real-time monitoring, safety regulation, and performance enhancement across contemporary aircraft platforms. Aircraft deliveries on the upswing, improvements in fly-by-wire systems, and the wide-scale adoption of connected aerospace technologies are driving the uptake of sensors. More investments in unmanned aerial vehicles, electric drive systems, and autonomous flying capability are opening up new opportunities for the growth of the aircraft sensors market. Moreover, the industry trend to reduce operating costs through predictive maintenance and advanced diagnostics drives the demand for next-generation sensors. Government support through favorable policies and evolving regulation needs to further fortify the market scenario by incentivizing the implementation of advanced sensor technologies. ...... Read More |
April 25, 2025 |
AI as a Service Market worth $91.20 billion by 2030According to a research report "AI as a Service Market by Product Type (Chatbots & AI Agents, ML Framework, API, No Code/Low Code Tools, Data Labeling), Service Type (ML as a Service, NLP as a Service, Generative AI as a Service), Business Function, End User - Global Forecast to 2030" published by MarketsandMarkets, the market size for AI as a Service (AIaaS) is expected to significantly increase from USD 20.26 billion in 2025 to USD 91.20 billion by 2030 at a CAGR of 35.1% during the forecast period. Increasing demand for cost-effective AI solutions, cloud adoption, and demand for increased business efficiency drive the AI as a Service market. AIaaS plays a key role in helping organizations boost data analytics performance, drive automation, and create more meaningful customer engagement. Furthermore, improvements in machine learning, natural language processing, and AI frameworks contribute to the market’s growth in all segments of the industry. ...... Read More |
April 25, 2025 |
Silicon Photonics Industry worth $9.65 billion by 2030The report "Silicon Photonics Market by Product (Transceivers, Variable Optical Attenuators, Switches, Sensors and Cables), Components (Lasers, Modulators, Optical Waveguides, Optical Interconnects, Photodetectors) - Global Forecast to 2030" The global silicon photonics market was valued at USD 2.65 billion in 2025 and is projected to reach USD 9.65 billion by 2030, growing at a CAGR of 29.5% from 2025 to 2030. One of the rising market drivers for silicon photonics is building quantum communication and computing systems that demand ultra-high-speed, ultra-secure transmission of optical data-making scalable photonic integrated circuits a prerequisite and photonic circuits precise for achieving this requirement. Another frontier driver is increasing wearables-based medical diagnostics in which silicon photonics facilitates wearable, non-invasive biosensors to monitor the patient's condition on a constant basis, triggering widespread adoption of personalized healthcare devices. Both industries unlock new frontiers beyond the legacy data and telecom markets and extend silicon photonics into leading-edge applications. ...... Read More |
April 24, 2025 |
Future of Automotive Aftermarket worth $804.87 billion by 2030According to a research report "Future of Automotive Aftermarket by Components (Tires, Engine Oil, Collision Body Parts, Filters, Steering, Batteries, Brake Parts, Exhaust, AC Compressor, Shocks & Struts, ECU, Alternators, Starters, Others), and Region (China, APAC (excl. China), North America, Europe, RoW) - Forecast to 2030" published by MarketsandMarkets, the global automotive aftermarket was USD 674.61 billion in 2024 and is projected to reach USD 804.87 billion by 2030, at a CAGR of 2.9% during the same period. ...... Read More |
April 24, 2025 |
Oral Proteins & Peptides Market worth $24.00 billion by 2030The report "Oral Proteins & Peptides Market by Molecule (Semaglutide, Linaclotide, Calcitonin), Drug Class (GLP-1 Receptor Agonist, GEP, CGRP), Therapeutic Area (Diabetes, Gastroenterology, Genetic Disorder), Formulation (Tablet, Capsule) - Global Forecast to 2030", is expected to reach USD 24.00 billion by 2030 from USD 8.85 billion in 2025, at a CAGR of 22.1% during the forecast period from 2025 to 2030. Several factors are contributing to this growth, including the rising prevalence of chronic diseases such as diabetes, gastrointestinal disorders, and kidney diseases. Additionally, patients' preference for and compliance with the oral route of drug administration and increasing adoption of inorganic growth strategies, such as collaborations and partnerships for research and development, are also driving market expansion. However, challenges such as formulation and stability issues and a stringent regulatory approval process are expected to hinder market development. ...... Read More |
April 24, 2025 |
PFAS Filtration Market worth $2.99 billion by 2030The report "PFAS Filtration Market by Technology (Water Treatment Systems, Water Treatment Chemicals), Place of Treatment (In-Situ, Ex-Situ), Remediation Technology, Environmental Medium, Contaminant Type, and Region - Global Forecast to 2030", is projected to reach USD 2.99 billion by 2030 from USD 2.13 billion in 2025, at a CAGR of 7.0% during the forecast period. ...... Read More |
April 24, 2025 |
Edge AI Software Market worth $8.88 billion by 2031According to a research report "Edge AI Software Market by Offering (Platform, Frameworks & Toolkits), Technology (Generative AI, Machine Learning, NLP, Computer Vision), Data Modality (Spatial Data, Temporal Data, Visual Data, Multimodal Data, Textual Data) - Global Forecast to 2031" published by MarketsandMarkets, the edge AI software market is projected to grow from USD 2.40 billion in 2025 to USD 8.88 billion by 2031, at a CAGR of 24.4% during the forecast period. The push toward autonomous technology relies on edge AI for real-time decision-making and data processing. Edge AI is utilized by businesses to deliver personalized user experiences in real-time, particularly in the retail and customer service sectors. It plays a crucial role in the smart consumer devices market, enabling real-time processing and decision-making on devices such as smartphones, wearables, and home automation systems. Demand for localized processing is increasing due to the need for lower latency, enhanced privacy, and reduced dependency on cloud connectivity. Emerging technologies are driving innovations in TinyML and advanced AI accelerators, making smart consumer devices more agile and responsive to user needs. ...... Read More |
April 24, 2025 |
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