Home › Press Releases

Press Releases

Title	Date
IoT Middleware Market worth $41.7 billion by 2029 According 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 2030 The 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 2029 According 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 2029 The 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 2030 According 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 Industry worth $8.7 billion by 2029, with a CAGR of 10.4% The 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
Weather Forecasting Systems Industry worth $3.1 billion by 2029 The report "Weather Forecasting Systems Industry 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 industry 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
Fungicides Market worth $32.3 billion by 2029 According 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
Rotary and RF Rotary Joints Industry worth $1.9 billion in 2029 The 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 industry 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
Speaking Valves Market worth $128 million by 2029 The report "Speaking Valves Market by Material (Silicone, PVC), Application (Tracheostomy, Laryngectomy), End User (Hospitals, Ambulatory Surgical Centers), and Region - Global Forecast to 2029", is valued at an estimated USD 94 million in 2024 and is projected to reach USD 128 million by 2029, at a CAGR of 6.4% during the forecast period. The market is expected to grow as a result of increasing number of tracheostomy and laryngectomy procedures, technological advancements, favorable reimbursement scenarios, rising patient demand for ICUs and ambulatory care in the speaking valves market. ...... Read More	August 22, 2024
At-Home Blood Collection Devices Market worth $135 million by 2029 The report "At-Home Blood Collection Devices Market by Product (Lancets, DBS Kits), Sample Type (Liquid, Dried), Collection Method (Push-button, Laser), Device Type (Self, Professional), Application (Diagnostics, Screening, Clinical Trials) - Global Forecast to 2029", is valued at an estimated USD 93 million in 2024 and is projected to reach USD 135 million by 2029 at a CAGR of 7.6% during the forecast period. ...... Read More	August 21, 2024
Anti-Counterfeit Packaging Market worth $326.3 billion by 2029 The report "Anti-Counterfeit Packaging Market by Technology (Mass Encoding, RFID, Hologram, Tamper Evidence, Forensic Markers), End-use Industry (Food & Beverage, Pharmaceutical, Personal Care, Apparel & Footwear, Luxury Goods), & Region - Global Forecast to 2029", size for anti-counterfeit packaging reached USD 179.4 billion in 2024 and is projected to reach USD 326.3 billion by 2029, with a CAGR of 12.7% during the forecast period. ...... Read More	August 21, 2024
Water Soluble Films Market worth $586.4 million by 2029 The report "Water Soluble Films Market by Type (Cold, Hot), Application (Detergent Packaging, Agrochemical Packaging, Water Treatment Chemical Packaging, Dye Packaging, Food Packaging, Laundry Bags, Embroidery, Pharmaceutical) - Global Forecast to 2029", size was USD 441.8 million in 2024 and is projected to reach USD 586.4 million by 2029, at a CAGR of 5.8%, between 2024 and 2029. ...... Read More	August 20, 2024
AI Chip Industry worth $311.58 billion by 2029 The report "AI Chip Market by Offerings (GPU, CPU, FPGA, NPU, TPU, Trainium, Inferentia, T-head, Athena ASIC, MTIA, LPU, Memory (DRAM (HBM, DDR)), Network (NIC/Network Adapters, Interconnects)), Function (Training, Inference) & Region – Global Forecast to 2029" The AI Chip Market is projected to grow from USD 123.16 billion in 2024 and is estimated to reach USD 311.58 billion by 2029; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 20.4% from 2024 to 2029.AI chips have emerged as the epitome of technological growth. The growing emphasis on parallel computing in Al data centers is bound to drive innovation across industries such as BFSI, Healthcare, Retail, and E-commerce. Moreover, the growth in AI server shipment is likely to fuel the demand for AI chips. Moreover, the growth of the market is attributed to growing adoption of industrial robotics and automation that rely on AI capabilities. ...... Read More	August 20, 2024
Surgical Sponges Market worth $1.19 billion in 2029 The Report "Surgical Sponges Market by Type (Laparotomy Sponges, Cotton Gauze), Material (Cotton, Rayon, PVA), Shape (Square, Rectangle), Sterility (Sterile, Non-sterile), Application (Neurosurgery, Laparotomy, ENT, General Surgery) - Global Forecast to 2029", At a CAGR of 7.9% over the span of the forecast period, the surgical sponges market is expected to grow from USD 0.81 billion in 2024 to 1.19 billion in 2029. The geriatric population is growing, chronic diseases are becoming more common, accidents and traumas are occurring more frequently, and these factors are the primary drivers of market growth. In addition, the growing adoption of outpatient surgeries and the technological advancements are expected to offer growth opportunities for players operating in the surgical sponges market during the forecast period. However, the risk of retained surgical items (RSIs) is expected to hamper the adoption of these products. ...... Read More	August 20, 2024
Ceramic Tiles Market worth $228.3 billion by 2030 The report "Ceramic Tiles Market by Type (Porcelain, Ceramic), Application (Floor Tiles, Internal Wall Tiles, External Wall Tiles) End-use Sector (Residential, Non-residential), Finish (Matt, Gloss), Construction Type, and Region - Global Forecast to 2030", size is projected to grow from USD 194.2 billion in 2024 to USD 228.3 billion by 2030, at a CAGR of 2.7% during the forecast period. ...... Read More	August 19, 2024
Electric Vehicle Market worth $620.3 billion by 2030 According to a research report "Electric Vehicle Market by Component, Vehicle Type, Vehicle Class, Propulsion (BEV, PHEV, FCEV), Vehicle Drive Type (FWD, RWD, AWD), E/E Architecture, Top Speed, Charging Point Type, Vehicle Connectivity, End Use, & Region - Global Forecast 2030" published by MarketsandMarkets, the global electric vehicle market size is projected to grow from USD 396.4 billion in 2024 to USD 620.3 billion by 2030, at a CAGR of 7.7%. A combination of environmental, economic and technological factors is propelling the global market for electric vehicles to grow at an unprecedented rate. In order to reduce emissions, consumer’s demand as well as strict governmental regulation aimed at reducing emissions has made people and manufacturers adopt more sustainable modes of transport. The improvement in battery technology has improved the performance, range and charging efficiency of electric vehicles making them more practical and attractive. Such developments and significant investments by major automakers alongside startups are driving the global uptake of EVs. ...... Read More	August 19, 2024
Acoustic Insulation Market worth $20.4 billion by 2029 The report "Acoustic Insulation Market by Material (Glass Wool, Rock Wool, Foamed Plastic, Elastomeric Foam), End-Use Industry (Building & Construction, Transportation, Oil & Gas, Energy & Utilities, Industrial & OEM), and Region - Global Forecast to 2029", is projected to reach USD 20.4 billion by 2029, at a CAGR of 4.8% from USD 16.2 billion in 2024. ...... Read More	August 19, 2024
Autonomous Underwater Vehicle (AUV) Industry worth $4.3 billion by 2029 The report "Autonomous Underwater Vehicle (AUV) Market by Shape (Torpedo, Laminar Flow Body, Streamlined Rectangular Style, Multi-hull Vehicle), Type (Shallow, Medium, & Large AUVs), Technology (Imaging, Navigation, Propulsion), Payload - Global Forecast to 2029" The autonomous underwater vehicle (AUV) market is valued at USD 2.0 billion in 2024 and is projected to reach USD 4.3 billion by 2029; it is expected to grow at a CAGR of 15.9% from 2024 to 2029. Factors accelerating the growth of the autonomous underwater vehicle (AUV) market are technological advancements in autonomous underwater vehicles, rising deployment of advanced technologies to ensure border and maritime security, shifting preference toward renewable energy sources, increasing investments in offshore oil and gas drilling activities, and increasing adoption of autonomous underwater vehicles for deep sea exploration for exploration of critical minerals and seabed resources. ...... Read More	August 19, 2024
Refinery Catalysts Market worth $6.8 billion by 2029 The report "Refinery Catalysts Market by Type (FCC Catalysts, Hydrotreating Catalysts, Hydrocracking Catalysts, Catalytic Reforming Catalysts), Ingredients (Zeolites, Metals, Chemical Compounds), and Region - Global Forecast to 2029 ", is projected to reach USD 6.8 billion by 2029, At A CAGR Of 4.0% From USD 5.6 billion in 2024. ...... Read More	August 16, 2024
Microdisplay Industry worth $3.0 billion in 2029 The report "Microdisplay Market by Product (NTE Devices, HUDs, Projectors), Technology (OLED, LCoS, MicroLED), Vertical (Consumer, Industrial and Enterprise, Automotive, Retail & Hospitality, Medical), Resolution and Brightness & Region - Global Forecast to 2029" The microdisplay industry is expected to reach USD 3.0 billion in 2029 from USD 1.3 billion in 2024, expanding at a CAGR of 18.2% during the forecast period. The increase in demand for microdisplays is due to the integration of displays into various devices such as wearables and near-to-eye devices. The market may grow due to factors such as technological improvements in microdisplays such as MicroLED and OLEDoS technology, miniaturization trend in consumer electronics, increased usage of HMDs across a number of sectors, and growing global adoption of ADAS and HUDs in automotive sector. ...... Read More	August 16, 2024
OLED-on-Silicon (OLEDoS) Industry worth $2,352 million by 2029 The report "OLED-on-Silicon (OLEDoS) Market by Product Type (Near-eye Display, Head-up Display), Display Size (More Than 1”, Less Than 1”), Vertical (Consumer, Aerospace & Defense, Commercial & Industrial) and Region - Global Forecast to 2029" The OLED-on-Silicon (OLEDoS) industry is expected to reach USD 2,352 million by 2029 from USD 534 million in 2024 at a CAGR of 34.5%, from 2024 to 2029. Growing adoption of oledos displays in ar/vr hmds, superior picture quality and energy efficiency, increasing demand for high-resolution microdisplays, and increasing investment in the oledos ecosystem are some of the major factors contributing to the growth of OLED-on-Silicon (OLEDoS) market. Moreover, opportunities such as growing consumer electronics industry, advancement in OLED material technology, and expanding applications across various industries to drive the demand of OLED-on-Silicon (OLEDoS) and drive the market growth. ...... Read More	August 16, 2024
E-Commerce Packaging Market worth $124.9 Billion by 2029 The report "E-Commerce Packaging Market by Material (Corrugated Boards, Paper & Paperboards, Plastics), Product Type (Boxes, Mailers, Tapes, Protective Packaging, Labels), Application (Electronics, F&B, Fashion, Cosmetics) & Region - Global Forecast to 2029", is projected to grow from USD 77.4 billion in 2024 to USD 124.9 Billion by 2029, at a CAGR of 10.0%. The growth of e-commerce packaging is driven by several factors, such as the easy availability of the internet and smartphones, growing sales in the e-commerce industry, and technological advancements. However, the lack of proper recycling infrastructure is a major restarting factor in the market. Moreover, the emergence of social media platforms comes out to be one of the opportunities for e-commerce packaging solutions manufacturers. ...... Read More	August 16, 2024
Hydrogen Fueling Station Market worth $1.8 billion by 2030 According to a research report "Hydrogen Fueling Station Market by Supply Type (On-site, Off-site [Gas, Liquid]), Station Type (Fixed, Mobile), Station Size (Small, Mid-sized, Large), Pressure (High, Low), Solution (EPC, Components), Region - Global Forecast & Trends to 2030" published by MarketsandMarkets, the hydrogen fueling stations market is expected to grow from USD 0.5 billion in 2024 to USD 1.8 billion by 2030, with a CAGR of 23.8% during the forecast period. Governments worldwide are implementing stringent environmental regulations and setting ambitious climate goals to reduce carbon emissions. Hydrogen, being a clean and renewable energy source, plays a crucial role in achieving these targets. Policies promoting the use of hydrogen as a fuel, along with incentives and subsidies for hydrogen infrastructure, are driving the growth of hydrogen fueling stations. In addition to this, Major automotive manufacturers are increasingly investing in hydrogen fuel cell vehicles (FCVs) as a sustainable alternative to traditional internal combustion engine vehicles and battery electric vehicles (BEVs). ...... Read More	August 15, 2024
Blood Pressure Cuffs Market worth $1,399 million by 2029 The report "Blood Pressure Cuffs Market by Type (Automated, Manual), Size (8-19 cm, 19 cm & Above), Usage (Reusable, Disposable), Age Group (Infants & children, Adults), Distribution Channel (Online, Offline), End User (Hospitals, Clinics) - Global Forecast to 2029", is projected to reach USD 1,399 million by 2029 from USD 909 million in 2024, at a CAGR of 9.0% during the forecast period. Growth in this market is primarily driven by the increased public awareness about the importance of regular blood pressure monitoring and early detection of hypertension and the shift towards home healthcare. Blood pressure monitoring plays an important role in the diagnosis and treatment of hypertension and related conditions, such as pregnancy-induced hypertension. According to the World Health Organization reported in March 2023, there were approximately 1.28 billion adults between 30 and 79 years of age have hypertension worldwide. Furthermore, an estimated 46% of these adults are unaware of their condition. ...... Read More	August 15, 2024
Thin-Film Photovoltaic Industry worth $12.4 billion by 2029 The report "Thin-Film Photovoltaic Market by Material (Cadmium Telluride, Copper Indium Gallium Selenide, Amorphous Silicon, Perovskite, and Organic PV), Type (Rigid, and Flexible), Component (Module, Inverter, and BOS), End Use & Region - Global Forecast to 2029" The thin-film photovoltaic industry is projected to grow from USD 6.2 billion in 2024 and is expected to reach USD 12.4 billion by 2029, growing at a CAGR of 15.1% from 2024 to 2029.Increasing demand due to deployment of thin film photovoltaics in diverse environments, thin-film PV panels are more adaptable to various surfaces and shapes than the conventional rigid and heavyweight panels. This makes them suitable for a host of unconventional applications, such as on curved surfaces, in portable devices, and in building materials like windows and roofs. Moreover, thin-film PV can tolerate partial shading better than traditional panels, as they have a wider angle of light acceptance, thus allowing them to be installed at more varied angles and still perform effectively. ...... Read More	August 15, 2024
UHMW PE Market worth $3.4 billion by 2029 The report "UHMW PE Market by Form (Sheets, Rods & Tubes, Fibers, Films), Application (Prosthetics, Filtration, Batteries, Fabrics), End-Use Industry (Aerospace, Defense, Shipping, Healthcare & Medical, Mechanical Equipment), and Region - Global Forecast to 2029", size is projected to grow from USD 2.2 billion in 2024 to USD 3.4 billion by 2029, registering a CAGR of 9.5% during the forecast period. The growth of the UHMW PE market is fueled by its various reasons such as its characteristics like low moisture absorption, enhanced durability & low friction, its environmental advantages and regulatory considerations like being FDA (Food & Drug Administration) approved, making it suitable for human consumption as well. ...... Read More	August 15, 2024
Military Antenna Industry worth $5.6 billion by 2029 The report "Military Antenna Market by Technology (Wire Antennas, Aperture Antennas, Reflector, Lens, Microstrip, Array Antennas), Application (Electronic Warfare, Navigation, Satcom, Telemetry), Frequency Band, Platform and Region - Global Forecast to 2029" The military antenna market is projected to reach USD 5.6 billion by 2029, from USD 4.5 billion in 2024, at a CAGR of 4.6% from 2024 to 2029. The military antenna volume data is projected to grow from 146,432 units in 2024 to 183,921 units by 2029. The market growth can be attributed to the growing adoption of electronically steered phased array antennas and the rising demand for military antennas in maritime use. Additionally, the push for network-centric warfare and the expansion of electronic warfare capabilities further propel the demand for sophisticated military antennas. The market outlook remains positive as countries invest in upgrading their defense communication systems to enhance situational awareness, interoperability, and overall mission effectiveness. ...... Read More	August 14, 2024
PTFE Market worth $3.5 billion by 2029 The report "PTFE Market by Form, Application, End Use Industry (Chemical & Industrial Processing, Automotive & Aerospace, Electrical & Electronics, Building & Construction, Consumer Goods), and Region - Global Forecast to 2029", size is projected to grow from USD 2.8 billion in 2024 to USD 3.5 billion by 2029, registering a CAGR of 4.3% during the forecast period. ...... Read More	August 14, 2024
Open Radio Access Network (Open RAN) Market worth $20.9 billion by 2030 According to a research report "Open Radio Access Network (Open RAN) Market Size, Share, Growth Analysis, By Offering (Hardware, Software, Services), Network Deployment (Public and Private), Frequency Band (Sub-6GHz, mmWave), Deployment Phase, & Region - Global Industry Forecast to 2030" published by MarketsandMarkets, the open RAN market is estimated to be worth USD 2.8 billion in 2024 and USD 20.9 billion by 2030, at a Compound Annual Growth Rate (CAGR) of 39.4% during the forecast period. ...... Read More	August 14, 2024

Home › Press Releases

Press Releases

How can we help you?