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Home › Press Releases
Press Releases
Title | Date |
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Aquafeed Market worth $84.2 billion by 2029According to a research report "Aquafeed Market by Ingredient (Soybean, Corn, Fishmeal, Fish Oil, Additives), Species (Fish, Crustaceans, Mollusks), Function (Nutrition, Growth Promoters, Immunity, Texture & Palatability), Lifecycle, Form and Region - Global Forecast to 2029" published by MarketsandMarkets, the global aquafeed market, estimated to be USD 59.0 billion in 2024, showcases a remarkable growth projection, anticipated to escalate to USD 84.2 billion by 2029, indicating a robust compound annual growth rate (CAGR) of 7.4% during the forecast period. ...... Read More |
August 30, 2024 |
Real-time Location Systems Industry worth $15.79 billion by 2029The report "Real-time Location Systems Market by Hardware (Tags/Badges, Readers/Trackers), Technology (RFID, Wi-Fi, UWB, BLE, Infrared, Ultrasound, GPS, Zigbee, RuBee), Application (Inventory/Asset Tracking, Personnel Monitoring), Region - Global Forecast to 2029" The global real-time location system market size is estimated to be USD 6.03 billion in 2024 and is projected to reach USD 15.79 billion by 2029, at a CAGR of 21.2% during the forecast period. The demand for real-time tracking and visibility of assets and people across various industries has led to significant growth in the real-time location system market. The increasing need for safety and security in healthcare, education, oil & gas, and manufacturing industries also contributes to this growth. While real-time location system (RTLS) solutions may be more expensive than traditional tracking technologies, the emergence of innovative startups and customized solutions has increased market competitiveness. ...... Read More |
August 30, 2024 |
Digital Transformation Market worth $3,289.4 billion by 2030According to a research report "Digital Transformation Market by Business Transformation (Process, Model, Domain), Technology (Cloud Computing, AI, Big Data Analytics (Predictive, Prescriptive), Blockchain, Cybersecurity (Network, Cloud Security), IoT, RPA) - Global Forecast to 2030" published by MarketsandMarkets, the market for digital transformation is projected to grow significantly rising from USD 911.2 billion in 2024 to a significant USD 3,289.4 billion by 2030. A strong compound annual growth rate (CAGR) of 23.9% is witnessed during the forecast period. A number of significant factors within the business environment are expected to propel the growth of the digital transformation market. increasing demand for automation, adoption of AI and cloud technologies, enhanced customer experience, and the need for operational efficiency across industries. Government initiatives and digital-first strategies further accelerate this market expansion. ...... Read More |
August 30, 2024 |
Bioactive Dressings Market worth $5.8 billion by 2029The report "Bioactive Dressings Market by Product (Collagen, Alginate, Chitosan, Skin Substitute), Property (Antimicrobial, Non-antimicrobial), Application (Chronic Wounds (Diabetic Foot, Pressure Ulcers), Acute Wounds (Surgical, Burns))- Global Forecast to 2029", is projected to reach USD 5.8 billion by 2029 from USD 3.5 billion in 2024, at a CAGR of 10.5% during the forecast period. The market for bioactive dressings is driven by the increasing aging population, advancements in technology and wound management, and limitations in conventional wound healing techniques. Revenue growth is also anticipated to be driven by government initiatives and the need for quick, safe treatment of chronic wounds like pressure ulcers, diabetic foot ulcers, and venous leg ulcers. Yet, the market is constrained by expensive treatment costs and unfavorable reimbursement guidelines and also lack of awareness and training programs among healthcare professionals. ...... Read More |
August 30, 2024 |
Wire & Cable Market worth $266.2 billion by 2029The report "Wire & Cable Market by Product Type (Electronic Wire, Power Cable, Control & Instrumentation Cable, Communication Cable, Flexible & Specialty Cable), Material Type, Voltage, Installation, End-Use Industry, and Region - Global Forecast to 2029" wire & cable market is estimated at USD 201.0 billion in 2024 and is projected to reach USD 266.2 billion by 2029, at a CAGR of 5.8% from 2024 to 2029. ...... Read More |
August 29, 2024 |
Future of Space Industry worth $6.1 Trillion by 2064The report "Future of Space: Emerging Technologies, Evolving Disruptions, Future Outlook and Growth Opportunities to 2064" The total space economy is forecasted to grow to USD 1.7 Trillion by 2034 & anticipated to grow to USD 6.1 Trillion by 2064. ...... Read More |
August 29, 2024 |
Gastrointestinal Products Market worth $19.7 billion in 2029The report "Gastrointestinal Products Market by Devices (Endoscopy, Ablation system, Motility testing, Biopsy devices, Stenting devices, pH monitoring), Diseases (GERD), (IBD), Gastrointestinal cancer), End-User (Hospitals, ASC) - Forecast to 2029", is valued at an estimated 14.7 billion in 2024 and is projected to reach USD 19.7 billion by 2029, at a CAGR of 6.1% during the forecast period. ...... Read More |
August 29, 2024 |
Desiccant Dehumidifier Industry worth $811.0 million by 2029The report "Desiccant Dehumidifier Market by Method (Rotary, Solid Bed, Hybrid, Compact and Liquid), Product (Fixed/Mounted, Portable), Use Case (Corrosion Prevention, Condensation Prevention, Mold/Fungus Prevention, Dry Cooling) - Global Forecast to 2029" The desiccant dehumidifier market is projected to grow from USD 605.5 million in 2024 and is expected to reach USD 811.0 million by 2029, growing at a CAGR of 6.0% from 2024 to 2029. Growing construction activities is one of the significant driver of the desiccant dehumidifier market , especially in residential and commercial sectors, due to greater requirements for maintaining ideal indoor air quality and comfort. Most of the modern-day buildings are designed energy-efficient and hence airtight to avoid heat loss. However, this also means that moisture levels can quickly become problematic, which can lead to a few issues like mold growth, condensation, and poor air quality, desiccant dehumidifiers can ensure a healthy indoor environment by effectively controlling the level of humidity within such spaces. ...... Read More |
August 29, 2024 |
Virtual Data Room Market worth $5.6 billion by 2029According to a research report "Virtual Data Room Market by Data Storage & Management (Database, Content), Security (Encryption, DRM, DLP), Document Type (Contracts & Agreements, IP), Application (M&A Due Diligence, Document Management, Audit, Compliance) - Global Forecast to 2029" published by MarketsandMarkets, the virtual data room Market is projected to grow from USD 2.5 billion in 2024 to USD 5.6 billion by 2029, at a compound annual growth rate (CAGR) of 18.1% during the forecast period. The virtual data room market is expected to grow significantly during the forecast period, by the increasing demand for hierarchical document organization for ease of navigation, the capability to offer unified and centralized access points to assess and efficiently share digital documents and need to streamline the due diligence process and improve collaboration among stakeholders. ...... Read More |
August 29, 2024 |
Test and Measurement Equipment Industry worth $47.01 billion by 2029The report "Test and Measurement Equipment Market by Automated Test Equipment, Spectrum Analyzers, Oscilloscopes, BERT, Modular Instruments, NDT Equipment, Machine Vision Inspection Systems and Machine Condition Monitoring System - Global Forecast to 2029" The test and measurement equipment market are expected to reach USD 47.01 billion by 2029 from USD 38.91 billion in 2024, at a CAGR of 3.9% during the 2024-2029 period. Various companies are investing in test and measurement equipment which gives an opportunity for growth in the test and measurement equipment industry. The test and measurement equipment market are continuously developing, with the presence of multiple players. Currently, the Asia Pacific region is contributing significantly to the growth of the test and measurement equipment market. Similarly, North America, Europe, and RoW regions are expected to be the growing market for the forecasted period. ...... Read More |
August 28, 2024 |
Software-Defined Data Center Market worth $184.5 billion by 2029According to a research report "Software-Defined Data Center Market by Software-Defined Computing (Virtualization platforms, Hypervisors), Software-Defined Storage (Storage Management, HCI), Software-Defined Networking (Controllers, Infrastructure), Automation - Global Forecast to 2029" published by MarketsandMarkets, the global SDDC market will grow from USD 75.9 billion in 2024 to USD 184.5 billion by 2029 at a compounded annual growth rate (CAGR) of 19.4% during the forecast period. SDDC solutions are making IT infrastructure management a lot more flexible and efficient. By virtualizing and automating everything—like computing, storage, and networking—SDDC allows businesses to handle their entire infrastructure through software. This solution combines a composite mix of technologies like virtualization, automation, and software-defined networking that create a responsive environment but can easily handle unexpected shifts. ...... Read More |
August 28, 2024 |
Fuel Additives Market worth $8.0 billion by 2029The report "Fuel Additives Market by Type (Deposit Control, Cetane Improvers, Lubricity Improvers, Cold Flow Improvers, Stability Improvers, Octane Improvers, Corrosion Inhibitors), Application (Diesel, Gasoline, Aviation Fuel) - Global Forecast to 2029", size was USD 6.7 billion in 2024 and is projected to reach USD 8.0 billion by 2029, at a CAGR of 3.6%, between 2024 and 2029. ...... Read More |
August 28, 2024 |
Building Integrated Photovoltaic Market worth $27.41 billion by 2029According to a research report "Building Integrated Photovoltaic Market by Technology (c-Si (Monocrystalline, Polycrystalline), Thin Film), Application (Roofing, Facades, Externally Integrated Systems), End User (Residential, Commercial, Industrial), Region - Global Forecast to 2029" published by MarketsandMarkets, the building integrated photovoltaic market is expected to grow from an estimated in USD 12.49 billion in 2024 to USD 27.41 billion by 2029, at a CAGR of 17.0% during the forecast period. ...... Read More |
August 28, 2024 |
Digital Radiography Market worth $1.9 billion by 2029The report "Digital Radiography Market by Product (Fixed (Floor-to-Ceiling, Ceiling), Portable (Mobile, Handheld)), Type (Retrofit, New Digital System), Application (Chest, CVS, Ortho, Pediatric), End User (Hospitals, Imaging Center) - Global Forecast to 2029", will grow from USD 1.6 billion in 2024 to USD 1.9 billion by 2029, at a CAGR of 3.5% from 2024 to 2029. A host of advantages that digital radiography systems offer over the traditional film-based method are the fast image acquisition, lesser radiation exposure, and better image quality. Moreover, some of the latest technologies in artificial intelligence and machine learning have already found their way into integration with digital radiography systems, which could automate a lot of tasks in relation to image analysis and interpretation for diagnostic results with accuracy and efficiency. ...... Read More |
August 28, 2024 |
Satellite Communication Market worth $33.2 billion by 2029According to a research report "Satellite Communication Market by Type (Telecommunication Services, Broadcasting Services, Data Communication Services), Application (Critical Communication, Navigation, DTH, IoT, Satellite Broadband) and Region - Global Forecast to 2029" published by MarketsandMarkets, the satellite communication market is expected to reach USD 33.2 billion by 2029 from USD 16.9 billion in 2024, at a Compound Annual Growth Rate (CAGR) of 14.5 % from 2024–2029. Increased expenditure of emerging economies and rapid development of communications equipment and technology have led to the growth of the global satellite communication market. Other factors, such as the growing need for broadband connectivity, expanding coverage of cellular networks, rising demand for IoT connectivity, and increasing government investments in SATCOM infrastructure, also drive the market. Satellite communication services play a critical role in providing reliable and high-speed broadband services, particularly in rural and remote areas where terrestrial infrastructure may be limited. This demand is driven by the need to bridge the digital and ensure connectivity for underserved communities. The expansion of 5G networks is contributing to the growth of the satellite communication market. ...... Read More |
August 27, 2024 |
Future of Feed Industry Outlook 2024 - Navigating the Culinary Horizon of TomorrowAccording to a research report "Future of Feed Industry Market - Global Forecast to 2024" published by MarketsandMarkets, the Future of the Feed Industry Outlook covers the digital agricultural market, precision livestock market, feed processing market, feed enzyme market, feed additives market, feed premix market, compound feed market, starter feed market, medicated feed market, specialty feed market, animal feed micronutrients market, and feed plant-based protein markets. ...... Read More |
August 27, 2024 |
CNG Tanks Market worth $4.3 billion by 2029The report "CNG Tanks Market by Material Type (Metal, Carbon Fiber, Glass Fiber), Tank Type (Type 1, Type 2, Type 3, Type 4), Application Type (Fuel, Transportation), and Region – Global Forecasts to 2029", is estimated at USD 2.9 billion in 2024 and is projected to reach USD 4.3 billion by 2029, at a CAGR of 8.5% from 2024 to 2031. There are various factors due to which the demand of CNG Tank will grow in coming years. Government is expected to bring in initiatives of adopting to clean energy and subsidies to promote the use of compressed natural gas as a fuel. ...... Read More |
August 27, 2024 |
Shortwave Infrared (SWIR) Industry worth $1,068 million by 2029The report "Shortwave Infrared (SWIR) Market by Camera, Lenses, Spectral Imaging, Area & Line Scan, Active & Passive Thermal Imaging, Pushbroom, Snapshot, Security & Surveillance, Monitoring & Inspection, Technology, Vertical and Region – Global Forecast to 2029" The SWIR market is expected to be valued at USD 631 million in 2024 and is projected to reach USD 1,068 million by 2029, growing at a CAGR of 11.1% during the forecast period. Additions to existing applications in various industries and technological advancements in SWIR are key factors driving the expansion of the SWIR market. ...... Read More |
August 27, 2024 |
Immunohistochemistry (IHC) Market worth $5.2 billion by 2029The report "Immunohistochemistry (IHC) Market by Product (Antibodies (Type, Clonality), Reagents, Equipment, Kits, Software), Application (Diagnostics (Cancer, Infectious, Autoimmune, Neurological), Research (Drug Development), Forensic) - Global Forecast to 2029", is projected to reach USD 5.2 billion by 2029 from USD 3.7 billion in 2024, at a CAGR of 7.2% between 2024 and 2029. Factors propelling the growth of the market are the increasing geriatric population, the rising incidence of cancer cases, the advancement in IHC technology and products, and the availability of reimbursements for IHC tests. However, the availability of alternative testing methods and the high degree of consolidation in the market by the major market players are expected to restrain the growth of this market during the forecast period. ...... Read More |
August 27, 2024 |
Agricultural Biologicals Market worth $31.8 billion by 2029According to a research report "Agricultural Biologicals Market by Type (Biocontrol, Biostimulants, Biofertilizers), Source (Microbials, Macrobials, Semiochemicals, Natural Products), Mode of Application (Foliar Spray, Seed Treatment, Soil Treatment) - Global Forecast to 2029" published by MarketsandMarkets, the global market for agricultural biologicals is estimated at USD 16.7 billion in 2024 and is projected to reach USD 31.8 billion by 2029, at a CAGR of 13.8% during the forecast period. ...... Read More |
August 26, 2024 |
Injection Pen Market worth $74.1 billion by 2030The report "Injection Pen Market by Type (Disposable and Reusable Pens), Therapy (Diabetes Therapy (Insulin, GLP-1), Growth Hormone Therapy, Osteoporosis, obesity, fertility), End User (Homecare and Hospitals & Clinics), and Region - Global Forecast to 2030", is projected to reach USD 74.1 billion by 2030 from USD 47.0 billion in 2024, at a CAGR of 7.9% during the forecast period. ...... Read More |
August 26, 2024 |
IoT Middleware Market worth $41.7 billion by 2029According to a research report "loT Middleware Market with Impact of Gen AI, by Platform (Device Management, Application Management, Connectivity Management, Data Management, and Security Management), Vertical (Government & Defense, Manufacturing, BFSI) - Global Forecast to 2029" published by MarketsandMarkets, the IoT middleware market is expected to reach USD 41.7 billion by 2029 from USD 18.5 billion in 2024, at a CAGR of 17.6 % during 2024–2029. ...... Read More |
August 26, 2024 |
Powder Coating Equipment Market worth $0.54 billion by 2030The report "Powder Coating Equipment Market by Component Type (Kneader, Extruders, Cooling Equipment, Grinders), Resin Type (Polyester, Hybrid, Epoxy, Polyurethane, Acrylic), End-Use Industry & Region- Global Forecast to 2030", is estimated at USD 0.41 billion in 2024 and is projected to reach USD 0.54 billion by 2030, at a CAGR of 5.0% from 2024 to 2030. The growth of the Powder Coating Equipment Market is being driven by several factors, including increasing demand from appliances and automotive sector. Rapid urbanization and growing automotive sector will boost the market. High equipment and operational costs could hinder the market growth. ...... Read More |
August 26, 2024 |
Animal Disinfectants Market worth $5.7 billion by 2029According to a research report "Animal Disinfectants Market by Type (Iodine, Lactic Acid, Hydrogen Peroxide), Application (Dairy Cleaning, Swine, Poultry, Equine, Ruminants, Pets, And Aquaculture), Animal Type, End-User, Form, and Region - Global Forecast to 2029" published by MarketsandMarkets, the animal disinfectants market is estimated at USD 3.9 billion in 2024 and is projected to reach USD 5.7 billion by 2029, at a CAGR of 7.9% from 2024 to 2029. Global demand for animal disinfectants has risen drastically over the past few years, driven by a number of factors. Greater awareness about biosecurity measures has drawn significant attention to the contagious diseases of animals, primarily in livestock and poultry farming. At the same time, the perpetual threat of zoonotic diseases has raised awareness about the use of proper disinfection techniques. As such, the global animal disinfectants market has appreciably grown to meet these new requirements. ...... Read More |
August 23, 2024 |
Ablation Technology Market worth $9.62 billion by 2029The report "Ablation Technology Market by Technology (RF, Pulse Field, Microwave, Laser, Electrical, Ultrasound, Cryo), Product (Generator, Electrode, Probe), Application (CV, Cancer, Pain, Ortho, Cosmetics), Enduser (Hospital, ASC) & Region Global Forecasts to 2029", is estimated to reach USD 9.62 billion by 2029 from USD 6.11 billion in 2024, at a CAGR of 9.5% from 2024 to 2029. Growing awareness related to ablation treatment, increasing baby boomer population, and the rising incidence of chronic diseases are the major indicators contributing to the growth of the market. ...... Read More |
August 23, 2024 |
Air Suspension Market worth $13.9 billion by 2030According to a research report "Air Suspension Market by Component (Air Spring, Compressor, ECU, Tank, Solenoid Valve, Height & Pressure Sensor), Technology (Electric, Non-Electric), Cab Suspension, Vehicle Type (Rigid, Semi-trailers), Aftermarket & Region - Global Forecast to 2030" published by MarketsandMarkets, the Air Suspension market is projected to reach USD 13.9 billion by 2030 from USD 10.0 billion in 2024, at a CAGR of 5.6%. ...... Read More |
August 23, 2024 |
Laboratory Informatics Market worth $8.7 billion by 2029The report "Laboratory Informatics Market by Type (LIMS, ELN, CDS, LES, SDMS), Component (Software, Service, Support), Delivery (On premise, Cloud (SaaS, PaaS, IaaS)), Industry (Pharma, Biotech, CRO, Chemical, Agri, FnB, Oil, Gas), & Region - Global Forecast to 2029", is projected to reach USD 8.7 billion by 2029 from USD 5.3 billion in 2024, at a CAGR of 10.4% during the forecast period. ...... Read More |
August 23, 2024 |
Fungicides Market worth $32.3 billion by 2029According to a research report "Fungicides Market by Type (Chemical and Biological), Mode of Action (Contact and Systemic), Formulation (Liquid and Dry), Mode of Application (Foliar Spray, Seed Treatment, and Soil Treatment), Crop Type and Region - Global Forecast to 2029" published by MarketsandMarkets, the global fungicides market is estimated at USD 23.9 billion in 2024 and is projected to reach USD 32.3 billion by 2029, at a CAGR of 6.2% during the forecast period. The fungicides market is showing rapid growth due to increasing demand from developing countries, easy availability of crop protection products, an increase in area under high-value cash crops, growing demand for food, and an increase in global population. Amendments in the regulations regarding environmental protection laws and changing government policies across various regions are the major factors challenging fungicide product manufacturers and service providers. Various chemicals and mechanical & biological measures were looked into to check the growing population of fungi in the world. Various chemical formulae gets listed under US Environmental Protection Agency, US EPA for use in the commercial and agriculture fields. With concerns related to the chemical method increasing every year, the introduction of biological fungicide products has many advantages because of which they are favored over their chemical counterpart in North American and European regions. ...... Read More |
August 22, 2024 |
Weather Forecasting Systems Industry worth $3.1 billion by 2029The report "Weather Forecasting Systems Market by Solution (Hygrometers, Anemometers, Big Data Analytics Software), Application (Satellites, Drones, Balloons), Forecasting Type (Nowcast, Short Range, Medium Range), Vertical, Purpose - Global Forecast to 2029" The market is valued at USD 2.2 billion in 2024 and is projected to reach USD 3.1 billion by 2029, at a CAGR of 7.0% from 2024 to 2029. The weather forecasting systems market is driven by the growing need for accurate and timely weather predictions which is essential for sectors such as aviation, agriculture, and disaster management. Advancements in technologies such as enhancement in data analytics software, satellite sensors, and integration of AI & ML are driving the market growth for better accuracy and reliability. The impact of climate change globally is driving the demand for advanced weather forecasting systems to manage extreme weather events effectively. ...... Read More |
August 22, 2024 |
Rotary and RF Rotary Joints Industry worth $1.9 billion in 2029The report "Rotary and RF Rotary Joints Market by Rotary Joints Type (Hydraulic, Pneumatic, Slip Rings, Fiber Optic), Channel (Single Passage, Multi Passage), RF Rotary Joints Type (Coaxial, Waveguide), Application, Industry and Region - Global Forecast to 2029" The global rotary and RF rotary joints market is expected to reach USD 1.9 billion in 2029 from USD 1.5 billion in 2024, at a CAGR of 5.4% during the forecast period. The market's growth is propelled by the modernization of manufacturing processes in regions such as Asia Pacific and the increasing adoption of industrial automation. In addition, the market is driven by the rising demand for hybrid rotary joints in satellite communication and military applications. The growth in global defense spending increases the demand for advanced technology within the military and aerospace sectors. RF rotary joints are important in applications like rotating vehicle-mounted cameras and underwater radar systems. However, the exposure to harsh operating conditions and leakage problems restrain the market's growth. ...... Read More |
August 22, 2024 |
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