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Home › Press Releases
Press Releases
Title | Date |
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Construction Lubricants Market worth $10.6 billion by 2027The report "Construction Lubricants Market by Base Oil (Mineral Oil, Synthetic Oil), Type (Hydraulic Fluid, Engine Oil, Gear Oil, ATF, Grease, Compressor Oil), Equipment (Earthmoving, Material Handling, Heavy Construction), and Region - Global Forecast to 2027", is estimated at USD 9.0 billion in 2022 and is projected to reach USD 10.6 billion by 2027, at a CAGR of 3.3% from 2022 to 2027. Factors such as high growth in the construction industry in the Asia Pacific and Middle East & Africa region and growing demand for high-quality lubricants are positively driving the growth of the construction lubricants market. Furthermore, the rise in automation in the construction industry drives market growth. ...... Read More |
March 22, 2023 |
IoT in Healthcare Market worth $289.2 billion by 2028According to a research report "IoT in Healthcare Market by Component (Medical Device, Systems & Software, Services, and Connectivity Technology), Application (Telemedicine, Connected Imaging, and Inpatient Monitoring), End User and Region - Global Forecast to 2028" published by MarketsandMarkets, the global IoT in healthcare market size is projected to grow from USD 127.7 billion in 2023 to USD 289.2 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 17.8% during the forecast period. ...... Read More |
March 21, 2023 |
Sensor Market for Automated Vehicles worth $19.1 billion by 2030According to a research report "Sensor Market for Automated Vehicles by Component (Hardware, Software), Offering, Software, Level of Autonomy (L2+, L3, L4), Propulsion (ICE, Electric), Vehicle Type, Sensor Platform Approach, Sensor Fusion Process and Region - Global Forecast to 2030" published by MarketsandMarkets, the sensor market for automated vehicles is projected to grow from USD 0.4 billion in 2022 to USD 19.1 billion by 2030, registering a CAGR of 62.6%. ...... Read More |
March 21, 2023 |
Robot End Effector Industry worth $4.3 billion by 2028The report "Robot End Effector Market by Type (Grippers, Welding Guns, Tool Changer, Clamps, Suction Cups, Deburring, Soldering, Milling, & Painting Tools), Robot Type (Traditional, Collaborative), Application, Industry & Region - Forecast to 2028" The global robot end effector market is expected to grow from USD 2.3 billion in 2023 to USD 4.3 billion by 2028, registering a CAGR of 13.5%. Increasing demand for modular end effectors and the growing adoption of collaborative robots due to the fast-changing nature of industries are among a few major factors driving the growth of the robot end effector market. ...... Read More |
March 21, 2023 |
Power Grid Market worth $367.4 billion by 2028According to a research report "Power Grid Market by Component (Cables, Variable speed drives, Transformers, Switchgear), Power source (Oil, Natural gas, Coal, Renewables), Application (Generation, Transmission, Distribution) and Region - Global Forecast to 2028" published by MarketsandMarkets, the global power grid market is projected to reach USD 367.4 billion by 2028 from an estimated USD 282.1 billion in 2023, at a CAGR of 5.4% during the forecast period. ...... Read More |
March 20, 2023 |
Agrochemicals Market worth $282.2 billion by 2028According to a research report "Agrochemicals Market by Type (Fertilizers, Pesticides), Crop Type (Cerelas & Grains, Oilseeds & Pulses, Fruits & Vegetables), Fertilizers Type, Pesticide Type (Insecticides, Herbicides, Fungicides, Nematicides) and Region - Global Forecast to 2028" published by MarketsandMarkets, the agrochemicals market is estimated to be valued at USD 235.2 billion in 2023. It is projected to reach USD 282.2 billion by 2028, recording a CAGR of 3.7% during the forecast period. The agrochemicals market has been influenced by some of the macroeconomic and microeconomic factors occurring in some of the key countries around the globe. This would prove potential enough to drive the market significantly in terms of value sales during the forecast period. With the rise in demand and preference for organic food products, agrochemical manufacturers have been strategizing to develop organic farm-friendly natural plant growth promoters. These products are supervised and certified by regulatory bodies, such as the US Department of Agriculture (USDA) and the European Food Safety Authority, among others, in respective regions. ...... Read More |
March 20, 2023 |
Middle East and Africa Cybersecurity Market worth $36.2 billion by 2028According to a research report "Middle East and Africa Cybersecurity Market by Component (Software, Hardware, and Services), Software (IAM, Encryption and Tokenization, and Other Software), Security Type, Deployment Mode, Organization Size, Vertical and Region - Global Forecast to 2028" published by MarketsandMarkets, the Middle East and Africa Cybersecurity market size is estimated at USD 22.2 billion in 2023 and is projected to reach USD 36.2 billion by 2028, at a CAGR of 10.2% from 2023 to 2028. Factors such as increasing number of cyber threats and attacks; and digital transformation initiatives are positively driving the growth of Middle East and Africa cybersecurity market. Furthermore, growth of eCommerce and digital payments along with stringent regulations and compliance requirements are also contributing to drive the market growth. ...... Read More |
March 20, 2023 |
Drug Discovery Services Market worth $41.3 billion by 2028The report "Drug Discovery Services Market by Process (Target Selection, Hit-to-lead), Type (Chemistry, Biology), Drug Type (Small Molecule, Biologics), Therapeutic Area (Oncology, Neurology, Infectious), End User (Pharma, Biotech, Academic) - Global Forecast to 2028", global Drug discovery services market is projected to reach USD 41.3 billion by 2028 from USD 20.6 billion in 2023, at a CAGR of 14.9% during the forecast period of 2023 to 2028. Factors such as growing R&D expenditure from pharmaceutical and biopharmaceutical companies, the increasing R&D pipeline creating a need for increased analytical testing outsourcing, initiatives for research on rare diseases and orphan drugs, and the high cost of in-house drug development are positively driving the growth of the drug discovery services market. Additionally, technological advancements, the introduction of new drug discovery techniques, the expiry of patents, and rising demand for specialized testing services among end users are expected to offer growth opportunities to players in this market. ...... Read More |
March 20, 2023 |
Potato Protein Market worth $144 million by 2028According to a research report "Potato Protein Market by Type (Isolates and Concentrates), Nature (Organic and Conventional), Application (Food & Beverages and Feed), and Region (North America, Europe, Asia Pacific and Rest of the World) - Global Forecast to 2028" published by MarketsandMarkets, the potato protein market is projected to reach USD 144 million by 2028 from USD 105 million by 2022, at a CAGR of 5.4% during the forecast period in terms of value. Potato proteins have many nutritional benefits with different fractions having different application in the food, beverage, and feed industry tends to act as a driver for the potato protein market among consumers. ...... Read More |
March 17, 2023 |
Flow Computer Industry worth $1,067 million in 2028The report "Flow Computer Market in Oil & Gas by Offering (Hardware, Software, Support Services), by Operation (Upstream, Midstream and Downstream), Application (Custody Transfer, Pipeline Flow Monitoring, Wellhead Monitoring) and Region - Global Forecast to 2028" The flow computer industry size in oil & gas is projected to grow from USD 798 million in 2023 to USD 1,067 million in 2028; it is expected to grow at a CAGR of 6.0% from 2023 to 2028. The growth of the market is attributed to the technological advancements in oil & gas industry and suitability in many functions of the oil & gas industry. ...... Read More |
March 17, 2023 |
Ultrasound Probe Disinfection Market worth $936 million by 2027The report "Ultrasound Probe Disinfection Market by Product (Instrument, Services, Consumables (Disinfectants & Detergents)), Probe Type (Linear, Convex, & TEE Transducers),Process (High-Level & Low-Level Disinfection), End User (Hospitals) - Global Forecast to 2027", is projected to reach USD 936 million by 2027 from USD 501 million in 2022, at a CAGR of 13.3% during the forecast period. The ultrasound probe disinfection market is mainly driven by factors such as rising incidence of hospital-acquired infections (HAIs), growing volume of ultrasound procedures performed, and the increasing need for the high-level disinfection of ultrasound probes after each patient use. However, the lack of guidelines and low awareness about the high-level disinfection of semi-critical ultrasound probes are restraining the growth of this market. ...... Read More |
March 17, 2023 |
Bio-Acrylic Acid Market worth $0.9 billion in 2027The report "Bio-Acrylic Acid Market by Type (Methyl acrylate, ethyl acrylate, butyl acrylate, elastomers, 2-ethylhexyl acrylate, superabsorbent polymers), Application and Region (North America, Europe, the Asia Pacific, and the Rest of the World.) - Global Forecast to 2027", The Bio-acrylic acid Market size is estimated to be USD 0.4 billion in 2022 and is projected to reach USD 0.9 billion in 2027, at a CAGR of 15.6%. The main forces behind the growth of the Bio-acrylic acid market are a more sustainable and environmentally friendly alternative to traditional acrylic acid, as it reduces the dependence on non-renewable resources and can potentially reduce greenhouse gas emissions associated with traditional acrylic acid production. ...... Read More |
March 16, 2023 |
Orthopedic Devices Industry worth $48.1 billion by 2028, with a CAGR of 4.8%The report "Orthopedic Devices Market by Product (Fixation, Replacement Devices {knee, Hip, Shoulder}, Braces, Spinal Implants, Arthroscopy, Orthobiolgics), Application (Fracture Treatment, Osteoarthritis), End User (Hospital, ASCs)- Global Forecast to 2028" is projected to reach USD 48.1 billion by 2028 from USD 36.3 billion in 2022, at a CAGR of 4.8% during the forecast period. Growth in elderly population worldwide, increasing number of osteoarthritis cases, growing participation in sports, rising awareness about the presence of orthopedic treatment, technological advancements and growth strategies adopted by the players in the orthopedic devices such as product launches, agreements, partnerships, and acquisitions are expected to propel the growth of the market. ...... Read More |
March 16, 2023 |
Food Colors Market worth $6.0 billion by 2028According to a research report "Food Colors Market by Type (Natural, Synthetic, and Nature-identical), Application (Food Products and Beverages), Source (Plants & Animals, Microorganisms, and Minerals & Chemicals), Form, Solubility and Region - Global Forecast to 2028" published by MarketsandMarkets, the food colors market is projected to reach USD 6.0 billion by 2028, growing from USD 4.6 billion by 2023 growing at a CAGR of 5.4% from 2023 to 2028. ...... Read More |
March 16, 2023 |
Quality and Lifecycle Management Software Market worth $34.9 billion by 2027According to a research report "Quality and Lifecycle Management Software Market by Solution (Quality Management and Bill of Material Management), Deployment Mode, Organization Size, Vertical (Automotive & Transport and Industrial Manufacturing) and Region - Global Forecast to 2027" published by MarketsandMarkets, the global Quality and Lifecycle Management Software market size is expected to grow from USD 24.6 billion in 2022 to USD 34.9 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 7.2% during the forecast period. The major factors driving the growth of the market include increasing proliferation of the smart devices/products, demand of organizations for the low manufacturing cost, and increasing demand in small and medium businesses. ...... Read More |
March 16, 2023 |
Silicon Battery Industry worth $414 million by 2028According to the new market research report "Silicon Battery Market by Capacity (<3,000 mAh, 3,000–10,000 mAh, >10,000 mAh), Component (Cathode, Anode, Electrolyte), Application (Aerospace & Defense, Consumer Electronics, Automotive, Medical Devices, Energy) and Region - Global Forecast to 2028"The global silicon battery industry size is projected to grow from USD 55 million in 2023 to USD 414 million by 2028, at a CAGR of 49.5% during the forecast period. A lithium-ion battery is a rechargeable battery in which lithium ions flow between cathode and anode while charging and discharging. While conventional lithium-ion batteries use anode electrodes made of graphite, silicon batteries consists of silicon anodes to increase energy density and capacity. Silicon batteries are small, light, long-lasting, and can be used in everything from personal devices to electric vehicles. ...... Read More |
March 16, 2023 |
Wheat Protein Market worth $3.2 billion by 2028According to a research report "Wheat Protein Market by Product (Gluten, Protein Isolate, Textured Protein, Hydrolyzed Protein), Form, Concentration, Application (Bakery & Snacks, Pet Food, Nutritional Bars & Drinks, Processed Meat, Meat Analogs) & Region - Global Forecast to 2028" published by MarketsandMarkets, the wheat protein market is projected to reach USD 3.2 billion by 2028 from USD 2.5 billion by 2023, at a CAGR of 4.9% during the forecast period in terms of value. The market for wheat protein by concentration is experiencing growth due to the increasing demand for plant-based protein products in food & beverages, dietary supplements, and animal feed industries. ...... Read More |
March 15, 2023 |
Emotion Detection and Recognition Market worth $42.9 billion by 2027According to a research report "Emotion Detection and Recognition (EDR) Market by Component (Software (Facial Expression Recognition, Speech & Voice Recognition) and Services), Application Area, End User, Vertical, and Region (North America, Europe, APAC, RoW) - Global Forecast to 2027" The global emotion detection and recognition market size is projected to grow from USD 23.5 billion in 2022 to USD 42.9 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 12.8% during the forecast period. The major factors driving the market growth include the adoption of IoT, AI, ML, and deep learning technologies across the globe, growing demand for emotion recognition models by intelligent systems, and rising popularity for wearable devices. ...... Read More |
March 15, 2023 |
Acupuncture Needles Industry worth $308 million by 2027, with a CAGR of 5.1%The report "Acupuncture Needles Market by Type (Disposable, Non-disposable), Handle Material (Stainless-steel, Gold), End User (Clinics, Hospitals), Distribution Channel (Online Pharmacies, Hospital Pharmacies, Retail Pharmacies) & Region - Global Forecast to 2027", is projected to reach USD 308 million by 2027 from USD 240 million in 2022, at a CAGR of 5.1% ...... Read More |
March 15, 2023 |
IO-Link Industry worth $33.9 billion by 2028The report "IO-Link Market by Type (IO-Link Wired, IO-Link Wireless), Component (IO-Link Masters, IO-Link Devices), Industry (Process Industries, Hybrid Industries), Application (Machine Tools, Intralogistics Solutions) and Region - Global Forecast to 2028" The IO-Link market is projected to reach USD 33.9 billion by 2028 from an estimated USD 13.6 billion in 2023, at a CAGR of 20.0% from 2023 to 2028. The rise in demand for IO-Link solutions can be attributed to rising demand for industry 4.0 and growing demand for remote configuration, monitoring, and maintenance. ...... Read More |
March 15, 2023 |
Iron & Steel Market worth $1,928.6 billion by 2027The report "Iron & Steel Market by Type (Iron and Steel), Production Technology(Basic Oxygen Furnace, Electric Arc Furnace, Open Hearth and Others), End-use Industry (Construction & Building, Automotive & Transportation, Heavy Industry, Consumer Goods), and Region - Global Forecast to 2027", is approximated to be USD 1599.4 billion in 2022, and it is projected to reach USD 1,928.6 billion by 2027, at a CAGR of 3.8%. ...... Read More |
March 14, 2023 |
Hydrocolloids Market worth $14.5 billion by 2028According to a research report "Hydrocolloids Market by Type (Gelatin, Pectin, Carrageenan, Xanthan gum, Agar, Gum Arabic, Alginates, Guar gum, MCC), Source (Botanical, Microbial, Animal, Seaweed, Synthetic), Function, Application and Region - Global Forecast to 2028" published by MarketsandMarkets, the global hydrocolloids market is estimated to be valued at USD 11.2 billion in 2023 and is projected to reach USD 14.5 billion by 2028, at a CAGR of 5.4% during the forecast period. The exponential growth in the natural and clean-label food consumption across the food and beverage industry due to its growing awareness has influenced the use of hydrocolloids. Moreover, this has led to an increase in dependence on natural fibers and gums for functional properties, stability, safety, and quality of food products. According to the American Oil chemist society Journal of 2015, hydrocolloids, apart from imparting textural properties, also enhance the nutritional properties of the food as they contain nearly 60%-90% of dietary fibers. ...... Read More |
March 14, 2023 |
Electric Aircraft Industry worth $37.2 billion in 2030The report "Electric Aircraft Market by platform (Regional Transport Aircraft, Business Jets, Light & Ultralight Aircraft), Type, System (Batteries, Electric Motors, Aerostructures, Avionics, Software), Technology, Application and Region - Forecast to 2030" The Electric Aircraft market is expected to grow from USD 8.8 billion in 2022 to USD 37.2 billion in 2030, at a CAGR of 19.8% during the forecast period. The need for alternate transportation solutions that are sustainable and low emission is driving the demand for the market. ...... Read More |
March 14, 2023 |
Automotive IoT Industry worth $322.0 billion by 2028The report "Automotive IoT Market by Offering (Hardware, Software, Services), by Connectivity Form Factor (Embedded, Tethered, Integrated), by Communication Type, by Application (Navigation, Telematics, Infotainment) and Region - Global Forecast to 2028" The automotive IoT industry is projected to grow from USD 131.2 billion in 2023 to reach USD 322.0 billion by 2028; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 19.7% from 2023 to 2028. ...... Read More |
March 14, 2023 |
Dental Digital X-ray Market worth $7.0 billion by 2027The report "Dental Digital X-ray Market by Product (Digital, Analog), Type (Intraoral (Panoramic), Extraoral (Digital Sensor), Hybrid), Application (Diagnostic, Therapeutic), End User (Dental Hospitals, Forensic Laboratories), & Region - Global Forecast to 2027", is projected to reach USD 7.0 billion by 2027 from USD 4.0 billion in 2022, at a CAGR of 11.9% between 2022 and 2027. The overall increase in the number of dental disorders is the major factor driving the market during the forecast period. Additionally, the shift towards digital x-ray systems from analog systems, and the rising awareness related to dental diseases and their treatment also contributes to market growth. ...... Read More |
March 14, 2023 |
Small Gas Engines Market worth $4.3 billion by 2028According to a research report "Small Gas Engines Market by Equipment (Lawnmower, Chainsaw, String Trimmer, Hedge Trimmer, Portable Generator), Displacement (20-100cc, 101-400cc, 401-650cc), End-User (Gardening, Industrial, Construction) Region - Global Forecast to 2028" published by MarketsandMarkets, the global small gas engines market is estimated to be valued at USD 3.3 billion in 2023 (estimated year) and is projected to reach USD 4.3 billion by 2028 (forecast year), growing at a CAGR of 5.4% during the forecast period. The Small Gas Engines Market has promising growth potential due to the rising deployment of lawn mowers. ...... Read More |
March 13, 2023 |
Sterility Testing Industry Worth $1.9 billion by 2028, with a CAGR of 10.5%The report "Sterility Testing Market by Product (Kits & Reagents, Instrument, Services), Test (Membrane Filtration, Direct Inoculation), Application (Pharma, Biological Manufacturing, Medical Device Manufacturing), End User (Pharma, Biotech) - Global Forecast to 2028" global sterility testing market is expected to reach USD 1.9 billion in 2028 from USD 1.1 billion in 2023 at a CARG of 10.5%. Rising expansion of pharmaceutical & biopharmaceutical production capacities, increasing development of novel biopharmaceutical products, and rising investments in life science research are the key factors driving the growth of this market. However, the growing adoption of single-use technology is a major factor restraining the market growth. ...... Read More |
March 13, 2023 |
Assured PNT Industry worth $1.7 billion by 2027The report "Assured PNT Market by Platform (Fighter Aircraft, Military helicopters, unmanned Vehicles, Combat Vehicles, Soldiers, Submarines, Corvettes, Destroyers, and Frigates), End User (Defense, Homeland Security), Component and Region - Global forecast to 2027" The assured PNT market has been segmented by component, platform, end user, and region. The global market is projected to grow from an estimated USD 0.4 billion in 2022 to USD 1.7 billion by 2027, at a CAGR of 29.8% during the forecast period. ...... Read More |
March 13, 2023 |
Lithium-ion Battery Binders Market worth $3.7 billion by 2027The report "Lithium-ion Battery Binders Market by Type (Anode and Cathode), Material (PVDF, CMC, PMMA, SBR), Battery Chemistry, End Use (Automotive, Consumer Electronics, Energy Storage, Industrial), and Region - Global Forecast to 2027", is projected to grow from USD 1.6 billion in 2022 to USD 3.7 billion by 2027, at a CAGR of 18.7% from 2022 to 2027. Growing demand of various applications such as automotive, consumer electronics and industrial is expected to drive the global lithium-ion battery binders market. ...... Read More |
March 13, 2023 |
Euro 7 Regulations Compliant Market worth 14.1 million units by 2035According to a research report "Euro 7 Regulations Compliant Market by Vehicle Type & Country (Passenger Cars, LCVs, HCVs), Technology (DOC, DPF/GPF, SCR, ASC, EGR, EHC, & LNT), Sensors (Exhaust Gas Pressure & Temperature, PM, Oxygen/Lamba, NOx, & MAP/MAF Sensors) - Forecast to 2035" published by MarketsandMarkets, the Euro 7 regulations compliant market is estimated to grow from 13.6 million units in 2026 to 14.1 million units by 2035 at a CAGR of 0.4% from 2026 to 2035. The European Commission has been focusing on technologies that will help achieve the goal of zero emissions from the automotive sector. The automotive industry, already moving forward on the trend of electrification, is now baffled by the stricter norms imposed by the European Commission, as it may impact their businesses on a considerable level. Under Euro 6, various powertrain and after-treatment technologies are being used; however, they will need modifications to comply with Euro 7. Hence, the market for after-treatment technologies will grow during the forecast period from 2026-2035. ...... Read More |
March 10, 2023 |
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