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Home › Press Releases
Press Releases
Title | Date |
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Silicon on Insulator Industry worth $2.55 billion by 2029The 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 2029According 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 2029The 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 |
ACL Graft Market worth $0.18 billion by 2029The 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 2029According 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 2035According 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 2029The 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 2029The 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 2029The 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 2029The 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 2029The 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 2029The 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 2029The 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 2029According 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 2030The report "Cargo Drones Industry 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 industry 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 2030The 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 2030According 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 2029The 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 2029According 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 2029The 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 2029The 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 |
Augmented Reality Navigation Industry worth $6.33 billion by 2029The report "Augmented Reality Navigation Market by HMD, HUD, AR Navigation Software; Real-time Location Data Management, Routing and Navigation, Asset Tracking, Reverse Geocoding; Built-in Mobile Sensors, Visual Positioning System, AR Cloud - Global Forecast to 2029" The augmented reality (AR) navigation market is expected to reach USD 6.33 billion by 2029 from USD 1.17 billion in 2024, at a CAGR of 40.3% during the 2024-2029 period. Multiple companies like Volkswagen (Germany), Mercedes-Benz Group AG and many others are investing is augmented reality (AR) navigation which is increasing the opportunity for growth in the AR navigation market. The AR navigation industry is continuously developing, with the presence of multiple players. Currently, the North America region is contributing significantly to the growth of the AR navigation industry. Similarly, Asia Pacific, Europe and RoW regions are expected to be the growing market for the forecasted period. ...... Read More |
September 20, 2024 |
Release Liners Market worth $15.4 Billion by 2029The report "Release Liners Market by Substrate Type (Glassine/Calendered Kraft Paper, Polyolefin Coated Paper, Clay Coated Paper), Application (Labels, Pressure-Sensitive Tapes, Hygiene), Material Type, Labeling Technology, and Region - Global Forecast to 2029", size is projected to grow from USD 12.7 billion in 2024 and is projected to reach USD 15.4 Billion by 2029, at a CAGR of 4.0%. Release liners are essential in various industries, serving as protective layers that facilitate the smooth application and performance of adhesive products. Usually, release liners are made of paper and film and their primary function is to protect adhesives from adhering to substrates until they ready to be applied. Its primary purpose is to facilitate the proper usage, storage, and distribution of adhesive products such as labels, tapes, and medical device products. The increased popularity of the e-commerce industry has created the need for packaging that requires release liners due to their role in the performance and appearance of packaging products. Also, the growth of the healthcare and medical sectors that require enhanced adhesive products for their operations also drives the market. The increased consumption in automotive and electronics industries, which are also users of adhesive solutions, is also responsible for the increase in demand. Furthermore, the growing awareness about sustainable and recyclable products is influencing the development of environmentally friendly release liners which also promotes the market prospects in line with the international environmental policies. ...... Read More |
September 20, 2024 |
Vinyl Ester Market worth $1.29 billion by 2029The report "Vinyl Ester Market by Product Type (Bisphenol A, Novolac, Brominated Fire Retardant, Elastomer Modified), End-Use (Pipes & Tanks, Marine, Wind Energy, FGD & Precipitators, Building & Construction, Aerospace & Defense), and Region - Global Forecast to 2029", is projected to grow from USD 1.04 billion in 2024 to USD 1.29 billion by 2029, at a CAGR of 4.4% during the forecast period. High demand from the pipes & tanks and marine industry is expected to drive the vinyl ester market. ...... Read More |
September 20, 2024 |
Medical Radiation Detection, Monitoring & Safety Industry worth $1.89 billion by 2029, with a CAGR of 8.5%The report "Medical Radiation Detection, Monitoring & Safety Market by Product (Personal Dosimeters (Passive Dosimeters)), Safety (Full Body, Face Protection, Hand Safety), Detector (Gas-Filled, Scintillators, Solid-State), End User - Global Forecast to 2029", is expected to reach USD 1.89 billion by 2029 from an estimated value of USD 1.26 billion in 2024, growing at a CAGR of 8.5% during the forecast period. Innovation in radiation detection technologies has improved more sensitive and accurate detectors that allow for better monitoring in protection against radiation exposure, hence driving the growth of the market. Such portable devices for the detection of radiation facilitate the monitoring of the levels of radiation even outside the workplace. This includes hospitals, clinics, and other research facilities. The National Health Service in England showed that from February 2022 to January 2023, there were 48.4 million imaging tests conducted, according to the Dataset on Diagnostic Imaging. The procedures performed in January 2023 were X-rays and plain Radiography, totaling 1.65 million. Government financing and initiatives to enhance the regulatory mechanism for radiation safety and extend healthcare infrastructure provide major opportunities for the medical radiation market. Advanced medical radiation systems, including MRI machines, CT scanners, and systems for radiation therapy, demand high costs initially to set them up apart from huge recurring expenditures on their maintenance restraining the market growth. ...... Read More |
September 20, 2024 |
Sports Medicine Industry Worth $9.45 billion by 2029, with a CAGR of 6.8%The report "Sports Medicine Market by Product [Repair (Fracture & Ligament), Reconstruction, Implant, Prosthetic, Arthroscopy , Physiotherapy , Orthobiologics, Brace), Application (Knee, Shoulder, Ankle, Hip, Spine), End-User - Global Forecast to 2029", is projected to reach USD 9.45 Billion by 2029 from USD 6.79 Billion in 2024, growing at a CAGR of 6.8% during the forecast period. The field of sports medicine is growing as a result of numerous factors. The key factor comprises cutting-edge technologies, heightened emphasis on sports related injuries management and extension of services for rehabilitation. Furthermore, innovations in products such as orthobiologics and arthroscopy are improving treatment outcomes and increasing demand. In addition, government and healthcare institutions globally are funding sports medicine awareness campaigns and infrastructures, which is further driving the market. As the need for prompt diagnosis and preventive care in the management of sports injuries becomes more widely recognized, the use of sports medicine related products and services is rising. The development of physiotherapy clinics and centers is increasing access to cutting-edge therapies, which is driving up market expansion. Prominent players like Arthrex (US), Stryker (US), Smith & Nephew (UK) and DePuy Synthes (US) are diversifying their product portfolios and participating in acquisitions and collaborations to enhance their market presence.These factors combine together increase need for sports medicine for the athleletes. ...... Read More |
September 18, 2024 |
Public Safety and Security Market worth $878.2 billion by 2029According to a research report "Public Safety and Security Market by Solution (Critical Communication, C4ISR, Biometric Security, Surveillance, Emergency and Disaster Management, Cybersecurity), Application (Homeland, Critical Infrastructure, Transportation) - Global Forecast to 2029" published by MarketsandMarkets, the global Public Safety and Security Market is projected to grow from USD 520.8 billion in 2024 to USD 878.2 billion by 2029 at a compound annual growth rate (CAGR) of 11.0%. Public safety and security markets are effective in protecting people, societies, and the infrastructure that is established within a country from various threats, including crime, terrorism, natural disasters, and pandemics. The market for services and technology offered includes video surveillance, emergency management, cybersecurity, and biometric security. Due to the growing accommodation with terrorism and other crimes, the government is pressed to take safety measures of an advanced level. In addition, it would be evident that to the present day, the ever-evolving technological developments, from IoT and AI to Big Data, would back up more changes in strategies related to public safety. COVID-19 redefined public safety, with a lot of investment going into health-related security measures. This would be contrasted with the increasing rate of urbanization and infrastructure development, which, in turn, increases the demand for a holistic security solution, which amounts to smart city initiatives that enhance the quality of urban services and life. ...... Read More |
September 18, 2024 |
Serverless Computing Market worth $44.7 billion by 2029According to a research report "Serverless Computing Market by Service Model (Function as a Service, Backend as a Service), Compute (Functions, Containers), Database (Relational, Non-relational), Storage, Application Integration, Monitoring & Security - Global Forecast to 2029" published by MarketsandMarkets, the Serverless Computing Market is expected to grow from USD 21.9 billion in 2024 to USD 44.7 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 15.3% during the forecast period. The expected growth in the global serverless computing market is driven by the increasing adoption of AI and machine learning technologies. The worldwide expansion of serverless computing is largely attributed to the widespread acceptance of these advanced technologies. The demand for serverless (FaaS/BaaS) solutions is expected to increase in verticals like IT, finance and healthcare that are looking at better scalability, operational efficiency and reduced costs through application development. Increased investment in an expanded analytics market along with automation technologies is expected to boost the forecasted revenues, thereby augmenting better management of applications and real-time data processing. These advances will support decision-making capabilities, additional resource alignment and enable innovative tools to work across teams. This means that serverless computing will be expanded in the future, mainly due to this service orchestration solution provided by functions becoming more and moreso outside traditional business systems. ...... Read More |
September 18, 2024 |
Window Lift Motors Market worth $3.8 billion by 2030According to a research report "Window Lift Motors Market by Type (12 V, 24 V), Vehicle Type (PC, LCV, HCV), Vehicle Class, Window Position, Regulator Type, Aftermarket by End Use, Aftermarket by Sales Channel, Aftermarket by Vehicle Type and Region - Global Forecast to 2030" published by MarketsandMarkets, the global window lift motors market size is projected to grow from USD 3.5. Billion in 2024 to USD 3.8 Billion by 2030, at a CAGR of 1.6%. The window lift motors market is expanding rapidly, driven by the growing consumer preference for comfort and convenience features like power windows, which are becoming standard in modern vehicles. 48 V window lift motors are expected to have a significant impact in the market going forward. Additionally, developments in motor technologies, such as smart motors are expected to reshape the window lift motors market. ...... Read More |
September 18, 2024 |
Thermo Compression Forming Market worth $13.37 billion by 2029The report "Thermo Compression Forming Market by Foam Type (Thermoplastic Foam, Needle-Punch Nonwovens, Light Weight Glass Mat Thermoplastic), End-use Industry (Automotive, Aerospace, Construction, Medical, Electrical & Electronics) - Global Forecast to 2029", is projected to reach a market size of USD 13.37 billion by 2029 from USD 11.00 billion in 2024, at a CAGR of 4.0%. North America is the one of the largest markets for compression molded components. The demand for foams used in thermo compression forming is experiencing significant growth across various industries, including automotive, construction, medical, aerospace, electronic & electronics, and more. Emerging nations such as US, Canada, Germany, UK, China and Mexico are expected to play a crucial role in driving the global thermo compression forming market forward. ...... Read More |
September 18, 2024 |
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