Home › Press Releases

Press Releases

Title	Date
Hypersonic Flight Industry worth $1,154 million by 2030 The report "Hypersonic Flight Industry by Vehicle Type (Hypersonic Aircraft, Hypersonic Spacecraft), Industry (Military, Space, Commercial), Component ( Propulsion, Aerostructure, Avionics) and Region (North America, Europe, APAC, RoW) - Global forecast to 2030" The Hypersonic Flight Industry is estimated to be USD 782 million in 2023 and is projected to reach USD 1,154 million by 2030, at a CAGR of 5.7 % during the forecast period. Hypersonic flight refers to the operation of an aircraft or vehicle at speeds significantly exceeding the speed of sound, typically defined as Mach 5 (five times the speed of sound) or greater. This means traveling at speeds of approximately 3,836 miles per hour (6,174 kilometers per hour) or more. Hypersonic flight has both military and civilian applications. In the military context, hypersonic aircraft can be utilized for reconnaissance, intelligence gathering, and response to time-sensitive threats. In the civilian context, the potential for hypersonic passenger aircraft promises dramatically reduced travel times for long-haul flights, revolutionizing air travel. Additionally, hypersonic technology has applications in space exploration, satellite deployment, and scientific research due to its ability to reach orbital velocities and explore distant regions of space more quickly. ...... Read More	November 7, 2023
Remote Patient Monitoring (RPM) Market worth $207.5 billion by 2028 The report "Remote Patient Monitoring (RPM) Market by Product (Software, Services, Devices, Cardiology, Neurological, BP Monitors, Neonatal, Weight, Temperature, Neuro) End user (Providers, Hospitals, Clinics, Home care, Patients, Payers) - Global Forecast to 2028", is projected to reach USD 207.5 billion by 2028 from USD 71.9 billion in 2023, at a CAGR of 23.6% between 2023 and 2028. ...... Read More	November 7, 2023
Polymeric Adsorbents Market worth $170 million by 2028 The report "Polymeric Adsorbents Market by Type (Aromatic (Crosslinked Polystyrenic Matrix), Modified Aromatic (Brominated Aromatic Matrix), Methacrylic (Methacrylic Ester Copolymer), and Phenol Formaldehyde), End-Use Industry, and Region - Global Forecast to 2028", size is projected to grow from USD 130 million in 2023 to USD 170 million by 2028, at a CAGR of 5.5% from 2023 to 2028. In the polymeric adsorbents market, significant drivers include the escalating demand for clean water treatment, advancements in the pharmaceutical sector, and a global shift towards sustainability. These factors propel market growth as these adsorbents are essential for water purification, pharmaceutical processes, and industrial applications. Conversely, higher costs and competition from alternative technologies serve as restraints, potentially limiting market expansion. Opportunities lie in diversifying applications and exploring emerging markets, while challenges encompass fluctuations in raw material prices. ...... Read More	November 7, 2023
Top 10 High & Medium Voltage Products Market worth $349.7 billion by 2028 According to a research report "Top 10 High & Medium Voltage Products Market HV (Switchgear, HV Cables, Power Transformer), MV (Ring Main Unit, Recloser, MV Cables, Voltage Regulator, Surge Protection Device, Disconnect Switch), Installation Type End User - Global Forecast to 2028" published by MarketsandMarkets, the Top 10 high & medium voltage products is projected to reach USD 349.7 billion by 2028 from an estimated USD 264.1 billion in 2023, at a CAGR of 5.8% during the forecast period. ...... Read More	November 7, 2023
Thermoplastic Elastomers Market worth $35.4 billion by 2028 The report "Thermoplastic Elastomers Market by Type (SBC, TPU, TPO, TPV, COPE, PEBA), End-Use Industry (Automotive, Building & Construction, Footwear, Wire & Cable, Medical, Engineering), Region (North America, Europe, APAC, South America, MEA) - Global Forecast to 2028", size is estimated to be USD 26.9 billion in 2023 and is projected to reach USD 35.4 billion by 2028, at a CAGR of 5.6% between 2023 and 2028. ...... Read More	November 6, 2023
Surface Disinfectant Industry Worth $4.2 billion by 2028, with a CAGR of 9.4% The report "Surface Disinfectant Market by Composition (Alcohols, Chlorine, Quaternary Ammonium), Type (Liquid, Wipes, Sprays), Application (Surface, Instrument), End-User (Hospital, Diagnostic and Research Laboratories), Region - Global Forecast to 2028", is projected to reach USD 4.2 billion by 2028 from USD 2.6 billion in 2023, at a CAGR of 9.4%. The players operating the surface disinfectant market are enjoying favorable opportunities due to increased demand for infection control measures aimed at reducing hospital acquired infections, an increase in use of more advanced surface disinfectants and greater awareness regarding sanitation and hygiene after COVID 19 has spread. ...... Read More	November 6, 2023
DNA Data Storage Industry worth $3,348 million by 2030 The report "DNA Data Storage Market by Type (Cloud, On-Premises), Technology (Sequence-based DNA Data Storage, Structure-based DNA Data Storage), End Users (Government, Healthcare & Biotechnology, Media & Telecommunication) and Geography - Global Forecast to 2030" The DNA Data storage market is projected to grow from USD 76 million in 2024 and is expected to reach USD 3,348 million by 2030, growing at a CAGR of 87.7% from 2024 to 2030. The growing threat of cyberattacks is one of the key factors driving the demand for DNA data storage. Cyberattacks are becoming increasingly sophisticated and frequent, and traditional data storage methods are vulnerable to attack. DNA data storage offers a more secure way to store data, making it less vulnerable to cyberattacks. DNA data storage mitigates the risk of large-scale data breaches, as physical access to the DNA sample is required for any kind of data retrieval, making it significantly more secure than digital databases. ...... Read More	November 6, 2023
AdTech Market worth $1,496.2 billion by 2030 According to a research report "AdTech Market by Offering (Solutions and Services), Advertising Type (Programmatic, Native Advertising), Advertising Media (Television, Digital Advertising), Vertical (Media & Entertainment, Retail & eCommerce, BFSI and Region - Global Forecast to 2030" published by MarketsandMarkets, the AdTech market is projected to grow from USD 579.4 billion in 2023 to USD 1,496.2 billion by 2030, at a compound annual growth rate (CAGR) of 14.5% during the forecast period. The AdTech market is expected to grow significantly during the forecast period, owing to various business drivers like the increasing demand for data-informed marketing strategies, the growing popularity of audio streaming and podcasts for audio advertising is also responsible for driving the market’s growth. ...... Read More	November 6, 2023
Carbon Fiber Construction Repair Market worth $192 million by 2028 The report "Carbon Fiber Construction Repair Market by Product Type (Rebar, Fabric, Plate), Application (Residential & Commercial Building, Infrastructure, Industrial), and Region (North America, Europe, APAC, Latin America, MEA) - Global Forecast to 2028", is estimated at USD 119 million in 2023 and is projected to reach USD 192 million by 2028, at a CAGR of 10.0% from 2023 to 2028. The aging infrastructure, government support for construction repair projects, and rapid urbanization are triggering the growth of the carbon fiber construction repair market. The high growth of construction repair composites can be attributed to the growing number of construction repair projects globally due to the rising population, rapid urbanization, and high economic growth in some regions. Emerging markets like China, the UAE, and Saudi Arabia are showing remarkable growth due to the aforementioned factors. Also, construction repair composites are much better alternatives to traditional substitutes, i.e., steel and aluminum. This has been a decisive factor in carbon fiber composite growth, especially in regions like North America and Europe, where the usage of construction repair composite products is quite high. ...... Read More	November 3, 2023
Mobile Threat Defense Market worth $7.2 billion by 2028 According to a research report "Mobile Threat Defense Market by Offering, Operating System (iOS, Android, Other OS), Deployment Mode (On-premises and Cloud), Organization Size, Application (Phishing, Ransomware, Malware), Vertical, Region - Global Forecast to 2028" published by MarketsandMarkets, the global mobile threat defense market is estimated to be worth USD 2.6 billion in 2023 and is projected to reach USD 7.2 billion by 2028, at a CAGR of 22.9% during the forecast period. ...... Read More	November 3, 2023
Train Battery Market worth $378 million by 2030 According to a research report "Train Battery Market by Type & Technology (Lead-acid Tubular, VRLA, Conventional; Ni-Cd Sinter, Fiber, Pocket, & Li-ion; LFP, LTO), Advanced Train (Fully Battery-Operated and Hybrid), Rolling Stock Type, Application and Region - Global Forecast to 2030" published by MarketsandMarkets, the global train battery market is projected to grow from USD 277 million in 2023 to USD 378 million by 2030 at a CAGR of 4.6% from 2023 to 2030. ...... Read More	November 3, 2023
Preparative and Process Chromatography Market worth $15.6 billion by 2028 The report "Preparative and Process Chromatography Market by Type (Preparative Chromatography (Chemicals & Reagents, Resins (Affinity, HIC, Ion Exchange), Columns, Systems, Services), Process Chromatography), End User (Pharma, Biotech) - Global Forecast to 2028", is projected to reach USD 15.6 billion by 2028 from USD 11.3 billion in 2023, at a CAGR of 6.8% during the forecast period. The growth of this market is majorly driven by growth of CROs and CMOs in pharmaceutical industry, growing demand for monoclonal antibodies, and rise in need for disposable prepacked columns. ...... Read More	November 3, 2023
Machine Vision Industry worth $18.4 billion by 2028 The report "Machine Vision Market by Component (Hardware, Software), Deployment (General, Robotic Cells), Product (PC-based Machine Vision System, Smart Camera-based Machine Vision System), Application, End-user Industry and Region - Global Forecast to 2028" The global Machine vision market is expected to grow from USD 12.9 billion in 2023 to USD 18.4 billion by 2028, registering a CAGR of 7.3%. The growth of the machine vision market is propelled by rising demand for water and wastewater treatment, increasing use of machine visions in drug safety, and fiscal policy measures by regional financial institutions to boost the machine vision market. ...... Read More	November 3, 2023
Hydrogen Generation Market worth $257.9 billion by 2028 According to a research report "Hydrogen Generation Market by Technology (SMR, ATR, POX, Coal Gasification, Electrolysis), Application (Refinery, Ammonia, Methanol, Transportation, Power Generation), Source (Blue, Green, Gray), Generation Mode Region - Global Forecast to 2028" published by MarketsandMarkets, the global hydrogen generation market is projected to reach USD 257.9 billion by 2028 from an estimated USD 158.8 billion in 2023, at a CAGR of 10.2% during the forecast period. The growing demand for cleaner fuels is one of the major factors driving the hydrogen generations market. Global hydrogen generation demand has been increasing gradually due to goals set to achieve net zero emissions in recent years. Hydrogen has long been recognized as a possible low-carbon transportation fuel, but incorporating it into the mix of transportation fuels has been a challenge. It has an advantage over fossil fuels and is becoming expensive day by day. There has been enormous demand for hydrogen for use in fuel-cell electric vehicles and rockets in the aerospace industry. In the transportation sector, fuel cell costs and refueling stations determine how competitive hydrogen fuel cell automobiles are, but lowering the supplied price of hydrogen is a top concern for truck manufacturers. There are a few low-carbon fuel options for ships and aircraft, providing an opportunity for developers of hydrogen-based fuels. Hydrogen fuel cells are widely used in lightweight vehicles, such as bicycles, cars, buses, trains, material handling equipment, boats, ships, commercial aircraft, auxiliary power units (APUs) of aircraft, marine vessels, and specialty vehicles. However, the risks associated with high initial investment for setting up hydrogen production plants and technological challenges in implementing hydrogen to natural gas networks have hindered the growth of the market in recent years and are expected to restrain the market's growth during the forecast period. ...... Read More	November 2, 2023
Nucleic Acid Isolation and Purification Market worth $9.4 billion by 2028 The report "Nucleic Acid Isolation and Purification Market by Product (Kits, Reagents, Instruments), Method (Column, Magnetic Beads), Type (Genomic DNA, Plasmid DNA, mRNA), Application (Diagnostics, Personalized Medicine), End User (CROs) - Global Forecast to 2028", is projected to reach USD 9.4 billion by 2028 from USD 6.4 billion in 2023, at a CAGR of 8.1% during the forecast period. Factors responsible for the growth of this market include technological advancements, growing research & development activities, and growing automation. Opportunities such as emerging economies are expected to drive the market. ...... Read More	November 2, 2023
Water Treatment Chemicals Market worth $43.9 billion by 2028 The report "Water Treatment Chemicals Market by Type (Flocculant & Coagulant, Corossion Inhibitors, Scale Inhibitors, Biocides & Disinfectants, Chelating Agents), Source, End-use (Residential. Commercial & Industrial), and Region - Global Forecast to 2028", size is projected to reach USD 43.9 billion by 2028 from USD 36.7 billion in 2023, at a CAGR of 3.6% during the forecast period. The major drivers for the water treatment chemicals market are increasing demand for chemically treated water in various end-use industries, stringent water and wastewater regulations, and increasing water pollution. Alternative water treatment technologies, high costs of water treatment chemicals, maintenance, and energy are considered restraining factors in this market. Whereas rising population and rapid urbanization in emerging economies, increasing demand for specific formulations act as opportunities in the market. ...... Read More	November 2, 2023
Data Center GPU Industry worth $63.0 billion by 2028 The report "Data Center GPU Market by Deployment Type (Cloud, On-premise), Function (Training, Inference), End User (Cloud Service Providers, Enterprises, Government) and Region ( North America, Europe, Asia Pacific, ROW) - Global Forecast to 2028" The data center GPU market is projected to grow from USD 14.3 billion in 2023 to reach USD 63.0 billion by 2028; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 34.6% from 2023 to 2028. ...... Read More	November 2, 2023
Spatial Computing Market worth $280.5 billion by 2028 According to a research report "Spatial Computing Market by Technology Type (AR Technology, VR Technology, MR Technology), Component (Hardware, Software, Services), Vertical (Media & Entertainment, Manufacturing, Retail & eCommerce) and Region - Global Forecast to 2028" published by MarketsandMarkets, the Spatial computing market size is expected to grow from USD 97.9 billion in 2023 to USD 280.5 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 23.4% during the forecast period. The availability of affordable hardware and advancements in real-time rendering engines will likely boost the adoption of spatial computing globally. ...... Read More	November 2, 2023
Vision Transformers Market worth $1.2 billion by 2028 According to a research report "Vision Transformers Market by Offering (Solutions, Professional Services), Application (Image Segmentation, Object Detection, Image Captioning), Vertical (Media & Entertainment, Retail & eCommerce, Automotive) and Region - Global Forecast to 2028" published by MarketsandMarkets, the vision transformers market is expected to grow from USD 0.2 billion in 2023 to USD 1.2 billion by 2028 at a CAGR of 34.2% during the forecast period. Vision transformers, inspired by the success of Transformer models in natural language processing, have revolutionized the way machines perceive and understand visual data, including images and videos. The market encompasses a wide range of offerings, including hardware, software, and professional services, to support the adoption of Vision transformer solutions.The exponential growth of AI in machine vision and the increasing need for image recognition in the automotive industry are driving the market growth. ...... Read More	November 1, 2023
Artificial Intelligence (AI) Supercomputer Industry worth $3.3 billion by 2028 The report "Artificial Intelligence (AI) Supercomputer Market by Components (Processors/Compute, Storage, Memory, Interconnects), Deployment (Cloud, On-Premises), Application (Government, Academia and Research, Commercial) and Geography – Global Forecast to 2028" The AI supercomputer market is projected to grow from USD 1.2 billion in 2023 and reach USD 3.3 billion by 2028, growing at a CAGR of 22.0% from 2023 to 2028. The application of AI supercomputers in the healthcare sector has witnessed significant growth in recent years. These powerful computing systems are being leveraged to address complex challenges, enhance medical research, and streamline healthcare operations. AI supercomputers help accelerate drug discovery by simulating molecular interactions, predicting potential drug candidates, and simulating the behavior of compounds. This aids in precision medicine and enhances diagnostic capabilities. ...... Read More	November 1, 2023
Food Diagnostics Market worth $23.5 billion by 2028 According to a research report "Food Diagnostics Market by Type (Systems, Test Kits, and Consumables), Testing Type (Safety and Quality), Site (Outsourcing Facility and Inhouse), Food Tested (Meat, Poultry & Seafood, Dairy Products, Processed Food) and Region - Global Forecast to 2028" published by MarketsandMarkets, the global food diagnostics market is estimated at USD 16.2 billion in 2023 and is projected to reach USD 23.5 billion by 2028, at a CAGR of 7.7% from 2023 to 2028. Food diagnostics involves a range of techniques and technologies used to detect contaminants, pathogens, allergens, and adulterants in food products. The market is primarily driven by the growing concerns regarding food safety, increasing consumer awareness, and stringent regulations imposed by governments worldwide. With the globalization of the food supply chain, the need for accurate and rapid testing methods has surged, fostering innovation in this sector. ...... Read More	November 1, 2023
Medical Tubing Market worth $15.7 billion by 2028 The report "Medical Tubing Market by Material (Plastics, Rubbers, Specialty Polymers), Application (Bulk Disposable Tubing, Catheters & Cannulas, Drug Delivery Systems, Specialty Applications), Structure, and Region - Global Forecast to 2028", is projected to reach USD 15.7 billion by 2028, at a CAGR of 8.2% from USD 10.6 billion in 2023. ...... Read More	November 1, 2023
MRI Systems Market worth $6.6 billion by 2028 The report "MRI Systems Market by Architecture (Open, Closed), Field Strength (Low-to-mid (1.5T, 3T), High & ultra-high (>4T)), Application (Neuro, Spinal, Pelvic, Breast, Cardiology), Enduser, Unmet Need & Buying Criteria- Global Forecast to 2028 ", is projected to reach USD 6.6 billion by 2028 from USD 5.2 billion in 2023, at a CAGR of 5.0% from 2023 to 2028. The major factors driving the growth of this market include the launch of technologically advanced products by the key players and rising demand for early diagnosis. Recent technological advancements supports improved sensitivity and high image quality. These systems helps with early detection of any complications and are expected to witness the rise in adoption in the coming years. ...... Read More	October 31, 2023
Wastewater Reverse Osmosis Membrane Market worth $1.6 billion by 2028 The report "Wastewater Reverse Osmosis Membrane Market by Type (Cellulose Acetate, Thin Film Composite), Application (Residential,Commercial, Industrial), And Region (North America, Europe, APAC, South America, Middle East & Africa) - Global Forecast to 2028", is projected to reach USD 1.6 billion by 2028, at a CAGR of 9.9% from USD 0.9 billion in 2023. ...... Read More	October 31, 2023
High Altitude Pseudo Satellite Industry worth $189 million by 2028 The report "High Altitude Pseudo Satellite Market by Platform (Airships, Balloons and UAVs), Application (Communication, Earth Observation & Remote Sensing, Others (ISR, Monitoring, Search and Rescue, Navigation)), End User and Region - Forecast to 2028" The high altitude pseudo satellite market size is projected to grow from USD 85 million in 2023 to USD 189 million by 2028, at a CAGR of 17.2% from 2023 to 2028. The demand for these systems has witnessed significant growth recently due to improving reliability for long-duration HAPS deployments, rising demand of HAPS in emergency services, advancing payload integration techniques for versatile HAPS operations and growing adoption of composite material to build lightweight HAPS. These drivers have led to the growth of High altitude pseudo satellite market. ...... Read More	October 31, 2023
Knowledge Graph Market worth $2.4 billion by 2028 According to a research report "Knowledge Graph Market by Offering (Solutions, Services), By Data Source (Structured, Unstructured, Semi-structured), Industry (BFSI, IT & ITeS, Telecom, Healthcare), Model Type, Application, Type and Region - Global Forecast to 2028" published by MarketsandMarkets, the knowledge graph market size is projected to grow from USD 0.9 billion in 2023 to USD 2.4 billion by 2028, at a CAGR of 21.8% during the forecast period, according to MarketsandMarkets. As data ecosystems become more complex, organizations are seeking advanced tools and technologies to manage and derive value from diverse and interconnected data sources. Knowledge graphs provide a comprehensive view of complex data relationships, helping organizations gain insights and derive actionable intelligence from their data ecosystems. ...... Read More	October 31, 2023
ALD Equipment Industry worth $6.2 billion by 2028 The report "ALD Equipment Market by Deposition Method (Plasma Enhanced ALD, Thermal ALD, Spatial ALD), Film Type (Oxide Films, Fluoride Films), Semiconductor Application (More than Moore, More Moore), Non-semiconductor Application and Region- Global Forecast to 2028" The ALD Equipment Market is expected to reach USD 6.2 billion by 2028 from USD 3.9 billion in 2023, at a CAGR of 10.0% during the 2023–2028 period. The major factors driving the market growth of the ALD equipment market include the increasing demand for 3D NAND SSDs and benefits offered by ALD equipment as compared to other CVD equipment. Additionally, the growing demand for memory devices from AI-based servers is expected to fuel the market growth of semiconductor industry which will create growth opportunities for the ALD equipment market. ...... Read More	October 31, 2023
Future of E-Powertrain Market worth 51,288 thousand units by 2032 According to a research report "Future of E-Powertrain Market by integration type (Integrated & Non-integrated), Component (Motor, Battery, BMS, Controller, PDM, Inverter/Converter, On-Board Charger), Propulsion (BEV, PHEV), Vehicle Type (PC & LCV) and Region - Global Forecast to 2032" published by MarketsandMarkets, the electric powertrain market is projected to reach 51,288 thousand units by 2032, at a CAGR of 13.8% from 2024 to 2032. ...... Read More	October 31, 2023
Automotive Battery Management System Industry worth $11.7 billion in 2028 The report "Automotive Battery Management System Market by Battery Type (Lithium-ion, Lead-acid, Nickel-based, Solid-state), Topology (Modular, Centralized, Distributed), Application (Passenger Vehicles, Commercial Vehicles) and Region- Global Forecast to 2028" The global automotive battery management system (BMS) Industry size is expected to grow from USD 4.7 billion in 2023 to USD 11.7 billion in 2028, at a CAGR of 19.8% from 2023 to 2028. Environmental awareness and government incentives mainly drive the surging demand for electric vehicles. The increasing adoption of EVs can also be attributed to advancements in battery technologies, such as enhanced energy density and cost reductions, necessitating the integration of BMS for proficient battery management. The adoption of BMS technology is further accelerated by the declining costs associated with battery production and heightened competition in the EV sector. The global shift toward sustainability and environmental consciousness expands the adoption of electric vehicles, supporting the BMS Industry growth. ...... Read More	October 30, 2023
Medical Packaging Films Market worth $10.4 billion by 2028 The report "Medical Packaging Films Market by Material (Polyethylene, Polypropylene, Polyvinyl Chloride, Polyamide), Type (Thermoformable Film, High Barrier Film, Metallized Film), Application (Bags, Tubes), and Region - Global Forecast to 2028", size is estimated to be USD 7.8 billion in 2023, and it is projected to reach USD 10.4 billion by 2028 at a CAGR of 6.0%. ...... Read More	October 30, 2023

Home › Press Releases

Press Releases

How can we help you?