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Home › Press Releases
Press Releases
Title | Date |
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Aquaculture Products Market worth $56.2 billion by 2027According to a research report "Aquaculture Products Market by Rearing Product Type (Equipment, Chemicals, Pharmaceuticals, Fertilizers), Culture (Freshwater, Marine, Brackish Water), Species (Aquatic Animals, Aquatic Plants), Production Type and Region - Global Forecast to 2027" published by MarketsandMarkets, the global aquaculture products market is estimated to be valued at USD 39.7 billion in 2022. It is projected to reach USD 56.2 billion by 2027, recording a CAGR of 7.2% during the forecast period. Some macroeconomic and microeconomic elements that have been prevalent in some important countries have had an impact on the global aquaculture products market. In terms of value sales, this would be strong enough to significantly influence the market during the predicted period. The rise in consumer awareness, health consciousness, demand for high protein diet, changing lifestyles, and consumption patterns drive the demand in the aquaculture products market. ...... Read More |
March 2, 2023 |
Hydrofluoric Acid Market worth $4.5 billion by 2027The report "Hydrofluoric Acid Market by Grade (AHF, DHF (above 50% concentration) and DHF (below 50% concentration)), Application, and Region (Asia Pacific, North America, Europe, South America, Middle East & Africa) - Global Forecast to 2027", is approximated to be USD 3.4 billion in 2022, and it is projected to reach USD 4.5 billion by 2027, at a CAGR of 5.9%. ...... Read More |
March 2, 2023 |
Artificial Intelligence in Agriculture Industry worth $4.7 billion in 2028The report "Artificial Intelligence in Agriculture Market by Technology (Machine Learning, Computer Vision, and Predictive Analytics), Offering (Software, AI-as-a-Service), Application (Drone Analytics, Precision Farming) and Region - Global Forecast to 2028" The AI in agriculture industry is projected to grow from USD 1.7 billion in 2023 to USD 4.7 billion in 2028; it is expected to grow at a CAGR of 23.1% from 2023 to 2028. The growth of the market is attributed to the benefits of the AI in agriculture over traditional practices. During the forecast period, development of AI in agriculture in application such as drone analytics, precision farming, and agriculture robots are expected to create growth opportunities for the market. ...... Read More |
March 1, 2023 |
Carbon Footprint Management Market worth $30.8 billion by 2028According to a research report "Carbon Footprint Management Market Component (Solutions, and Services), Deployment Mode (On-premises, and Cloud), Organization Size (Corporates/Enterprises, Mid-Tier Enterprises, Small Businesses), Vertical & Region - Global Forecast to 2028" published by MarketsandMarkets, the global carbon footprint management market is estimated to grow at a CAGR 22.2% between 2023 to 2028 to reach a market size of USD 30.8 billion by 2028, from an estimated USD 11.3 billion in 2023. Implementation of COP27 targets to restrict global warming and an increase in demand for energy consumption by industries are expected to propel the growth of the global carbon footprint management market. Moreover, the swelling demand for energy consumption by industries is also positively impacting the growth of the carbon footprint management market. ...... Read More |
March 1, 2023 |
Long Fiber Thermoplastics Market worth $6.1 billion by 2027The report "Long Fiber Thermoplastics Market by Fiber Type (Glass, Carbon), Resin Type (PA, PP, PEEK, PPA), Manufacturing Process (Injection Molding, Pultrusion, Direct-LFT (D-LFT)), End-use Industry and Region - Global Forecast to 2027", size is expected to grow from USD 3.5 billion in 2022 to USD 6.1 billion by 2027, at a CAGR of 9.3% during the forecast period. The long fiber thermoplastics industry is growing due to the increase in the demand for high performance materials with properties such as high strength to weight ratio, good tensile strength, electrical conductivity among others. ...... Read More |
March 1, 2023 |
Intent-based Networking Market worth $2.6 billion by 2027According to a research report "Intent-based Networking (IBN) Market by Component (Solution, Services (Professional Services and Managed Services)), Deployment Type (Cloud and On-premises), Vertical (IT & Telecom, BFSI, Healthcare), Organization Size, & Region - Global Forecast to 2027" published by MarketsandMarkets, the global intent-based Networking (IBN) market size to grow from USD 0.8 billion in 2022 to USD 2.6 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 25.9% during the forecast period. Major factors expected to drive the growth of the intent-based networking market include the surge in human error rates in manual systems causing network downtime, growing number of devices on network, and need of automation in network architecture. ...... Read More |
March 1, 2023 |
Cybersecurity Mesh Market worth $2.6 billion by 2027According to a research report "Cybersecurity Mesh Market by Offering (Solutions, Services), Deployment Mode (Cloud, On-premises), Vertical (IT and ITeS, Healthcare, BFSI, Energy and Utilities), Organization Size (SMEs, Large Enterprises) and Region - Global Forecast to 2027" published by MarketsandMarkets, the global cybersecurity mesh market is projected to grow from an estimated value of USD 0.9 billion in 2023 to USD 2.6 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 28.6% from 2022 to 2027.Rising cyberattacks faced by organizations in the recent years, is one of the factors driving the market growth. ...... Read More |
February 28, 2023 |
Superconducting Wire Market worth $1.7 billion by 2028According to a research report "Superconducting Wire Market by Type (Low-temperature Superconductor, Medium-temperature Superconductor, High-temperature Superconductor), End User (Energy, Medical, Transportation, Research), Sales Channel and Region - Global Forecast to 2028" published by MarketsandMarkets, the global superconducting wire market is projected to reach USD 1.7 billion by 2028 from an estimated USD 1.1 billion in 2023, at a CAGR of 9.2% during the forecast period. ...... Read More |
February 28, 2023 |
Decorative Coatings Market worth $98.9 billion by 2027The report "Decorative Coatings Market by Resin Type (Acrylic, Alkyd, vinyl, Polyurethane), Technology, Coating Type (Interior and Exterior), Color Type, User Type (DIY and Professional), Product Type, Application), and Region - Global Forecast to 2027", size is projected to grow from USD 82.0 billion in 2022 to USD 98.9 billion by 2027, at a CAGR of 3.8%. The decorative coating market is divided into five key regions: North America, Europe, Asia Pacific, the Middle East & Africa, and South America. China and India, among other countries, are leading the decorative coatings market globally. The market in Asia Pacific is witnessing high growth, which is expected to continue because of increasing residential construction and improved home remodeling practices. ...... Read More |
February 28, 2023 |
Distributed Antenna System (DAS) Industry worth $13.0 billion by 2028The report "Distributed Antenna System (DAS) Market by Offering (Component, Services), Coverage (Indoor, Outdoor), Ownership Model, Vertical (Commercial, Public), User Facility Area, Frequency Protocol (Cellular, VHF/UHF), Network Type, Signal Sources and Region - Global Forecast to 2028" The Distributed Antenna System Industry is projected to grow from USD 9.7 billion in 2023 to USD 13.0 billion by 2028, registering a CAGR of 6.2% during the forecast period. The market growth is attributed to the growing focus on enhancing spectrum efficiency, growing need for strong and reliable cellular connectivity for Internet of Things (IoT), and rising demand for enhanced network coverage and need to eliminate connectivity gaps in buildings. Furthermore, use of distributed antenna system (DAS) technology in Citizens Broadband Radio Service (CBRS) is expected to create lucrative opportunities for the Industry . ...... Read More |
February 28, 2023 |
Optical Imaging Industry Worth $2.9 billion by 2027, with a CAGR of 13.5%The report "Optical Imaging Market by Product (Cameras, Lenses), Technique (OCT, HIS, NIR, PAT), Therapeutic Area (Ophthalmology, Dermatology, Oncology), Application (Pathological, Intraoperative), End User (Hospital, Research Labs) - Global Forecast to 2027", is projected to reach USD 2.9 billion by 2027 from USD 1.5 billion in 2022, at a CAGR of 13.5%. The market is expanding as a result of factors such as an aging population, an increase in R&D in the life sciences, growing patient expectations for quick and simple diagnosis and treatment, rising information availability and knowledge, and expanding access to health care in Rapidly Developing Economies (RDE) are some other key factors influencing the market's growth. ...... Read More |
February 27, 2023 |
Aluminum Foam Market worth $55 million by 2027The report "Aluminum Foam Market by Type (Open-Cell, Closed-Cell), Application (Anti-Intrusion Bars, Heat Exchangers, Sound Absorbers, Filters), End-Use Industry (Automotive, Construction & Infrastructure, Industrial), and Region - Global Forecast to 2027", size is expected to grow from USD 43 million in 2022 to USD 55 million by 2027, at a CAGR of 4.8% during the forecast period. A significant growth is observed in the market because of the growth in the demand for aluminum foam from various end-use industries such as automotive and construction & infrastructure. Aluminum foam has multiple advantages, such as cost-benefit, low weight, and thermal conductivity, resulting in its preference for sound insulation and crash guards. ...... Read More |
February 27, 2023 |
Natural Vanillin Market worth $706 million by 2027According to a research report "Natural Vanillin Market by Source (Vanilla Bean Extract, Ferulic Acid Synthesis, and Eugenol Synthesis), Application (Food & Beverages, Pharmaceuticals, and Cosmetics & Personal Care), and Region - Global Forecast to 2027" published by MarketsandMarkets, the natural vanillin market is projected to reach USD 706 million by 2027, and USD 472 Million by 2022, growing at a CAGR of 8.4% from 2022 to 2027. As consumers shift from synthetic to natural and plant-based ingredients, the demand for natural vanillin is rising. Additionally, there is also high demand for clean-label products, growing the use of natural vanillin as a flavoring ingredient in their foods. Given the versatility and omnipresence of vanillin in food products, the global demand for natural vanilla extract will keep growing, and formulators can no longer rely only on synthetic alternatives to satisfy consumers’ demands. ...... Read More |
February 27, 2023 |
Virtual Event Platform Market worth $30.6 billion in 2027According to a research report "Virtual Event Platform Market by Component (Platform and Services), Organization Size, End User (Corporations, Governments, Education, Healthcare, Third-party Planners, Associations, Non-Profit) and Region - Global Forecast to 2027" published by MarketsandMarkets, the global virtual event platform market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 19.8% during the forecast period, to reach USD 30.6 billion in 2027 from USD 12.4 billion in 2022. Key factors driving market growth include the growing need for virtual event solutions across industry verticals, including business-to-business, business-to-consumer, and internal events, the growing demand for virtual events, and the emergence of AI, and ML-powered platforms sought by the attendees. ...... Read More |
February 27, 2023 |
Satellite IoT Market worth $2.9 billion by 2027According to a research report "Satellite IoT Market by Service Type (Satellite IoT Backhaul, Direct-to-satellite), Frequency Band (L-Band, Ku and Ka-Band, S-band), Organization Size (Large Enterprises, Small and Medium Sized Enterprises), Vertical & Region - Global Forecast to 2027" published by MarketsandMarkets, the satellite IoT market is expected to grow from USD 1.1 billion in 2022 to USD 2.9 billion by 2027, at a CAGR of 21.9% during the forecast period. Direct-to-satellite is a reliable solution in times of disasters or natural calamities in areas where fast deployments are required, and not much hardware is available or possible to arrange, driving the growth of satellite IoT market. ...... Read More |
February 24, 2023 |
Smart Meter Market worth $36.3 Billion by 2028According to a research report "Smart Meter Market by Type (Electric Gas, and Water), Component, Technology (AMI & AMR), Communication (RF, PLC, and Cellular), End-user (Residential, Commercial, Industrial) and Region - Global Forecast to 2028" published by MarketsandMarkets, the global smart meter market is projected to reach USD 36.3 billion by 2028 from an estimated USD 23.1 billion in 2023, at a CAGR of 9.4% during the forecast period. ...... Read More |
February 24, 2023 |
PVDF Membrane Market worth $1,126 million by 2027The report "PVDF Membrane Market by Technology, Type (Hydrophobic, Hydrophilic), Application (General Filtration, Sample Preparation, Bead – Based Assays), End-Use Industry (Biopharmaceutical, Industrial, Food & Beverage), and Region - Global Forecast to 2027", size is projected to grow from USD 779 million in 2022 to USD 1,126 million by 2027, at a CAGR of 7.7% between 2022 and 2027. ...... Read More |
February 24, 2023 |
Food Encapsulation Market worth $17.0 billion by 2027According to a research report "Food Encapsulation Market by Shell Material (Lipids, Polysaccharides, Emulsifiers, Proteins), Technology (Microencapsulation, Nanoencapsulation, Hybrid Encapsulation), Application, Method, Core Phase and Region - Global Forecast to 2027" published by MarketsandMarkets, the market for food encapsulation was valued at USD 11.5 billion in 2022; it is projected to grow at a CAGR of 8.2% to reach USD 17.0 billion by 2027. Food encapsulation is the process of capturing the core phase (bioactive ingredient) using a wall material. ...... Read More |
February 23, 2023 |
Industrial loT Display Industry worth $1.6 billion by 2028According to a research report "Industrial loT Display Market by Technology (LCD, LED, OLED), Panel Size, Application (HMI, Remote Monitoring), End-use Industry (Manufacturing, Energy & Power, Oil & Gas, Mining, Transportation) and Region - Global Forecast to 2028" published by MarketsandMarkets, the global Industrial IoT Display Industry size is estimated to be USD 0.9 billion in 2023 and is projected to reach 1.6 billion by 2028, at a CAGR of 13.3% during the forecast period. The growing adoption of Industry 4.0 and the increasing demand of HMI devices play a key role in driving the growth of Industrial IoT Display Industry in near future. ...... Read More |
February 23, 2023 |
Ultrasound Probe Covers Market worth $283 million in 2027The report "Ultrasound Probe Covers Market by Type (Disposable, Reusable) Material (Latex, Latex-free) Application (Endocavitary), End User (Hospitals, Diagnostic Imaging Centers, Maternity Centers, Ambulatory Surgical Centers), & Region - Global Forecast to 2027", is projected to reach USD 283 million in 2027 from USD 213 million in 2022, at a CAGR of 5.9% between 2022 and 2027. The overall increase in the number of ultrasound procedures performed globally is the major factor driving the market during the forecast period. This increase can be attributed to the rising population of people aged 65 years and above, along with the drastically growing prevalence of chronic diseases, among other factors. ...... Read More |
February 23, 2023 |
Meta-aramid Fiber Market worth $2.3 billion by 2027The report "Meta-aramid Fiber Market by Type (Staple, Filament, Paper), Application (Nonwoven Bagfilter, Apparel, Turbohose, Electric Insulation, Honeycomb Reinforcement), and Region (Asia Pacific, Europe, North America, MEA, South America) - Global Forecast to 2027", is projected to reach USD 2.3 billion by 2027, at a CAGR of 10.6% from USD 1.4 billion in 2022. ...... Read More |
February 23, 2023 |
Electric Truck Market worth 1,067,985 Units by 2030According to a research report "Electric Trucks Market by Propulsion (BEV, PHEV & FCEV), Type (Light-Duty Trucks, Medium-Duty Trucks & Heavy-Duty Trucks), Range, Battery Type, Battery Capacity, Level of Automation, End User, GVWR & Region - Global Forecast to 2030" published by MarketsandMarkets, the Electric truck market is estimated to be 101,499 units in 2022 and is projected to grow at a CAGR of 34.2% during the forecast period, to reach 1,067,985 units by 2030. The market for electric truck is increasing due to factors such as increase in distribution services, last mile delivery and government focus on reducing vehicle emissions. ...... Read More |
February 23, 2023 |
Text-to-video AI Market worth $0.9 billion by 2027According to a research report "Text-to-Video AI Market by Component (Software, Services), Deployment Mode, Organization Size, End User (Corporate Professionals, Content Creators), Vertical (Education, Media & Entertainment, Retail & eCommerce) and Region - Global Forecast to 2027" published by MarketsandMarkets, the global text-to-video AI system market size is projected to grow from USD 0.1 billion in 2022 to USD 0.9 billion by 2027 at a Compound Annual Growth Rate (CAGR) of 37.1% during the forecast period. Rise in demand for engaging videos in businesses is driving the growth of the text-to-video AI market. ...... Read More |
February 23, 2023 |
Automotive Operating System Market worth $25.8 billion by 2030According to a research report "Automotive Operating System Market by OS Type (QNX, Android, Linux, Windows), ICE Vehicle Type (PCs, LCVs, and HCVs), EV Application (Battery Management and Charging Management), Application and Region - Global Forecast to 2030" the global automotive operating system market is projected to grow from USD 12.7 billion in 2022 to USD 25.8 billion by 2030, at a CAGR of 9.2%. ...... Read More |
February 22, 2023 |
Robotics as a Service Industry worth $4.0 billion by 2028The report "Robotics as a Service Market by Type (Personal, Professional), Application (Handling, Processing, Dispensing, Welding & Soldering), Vertical (Logistics, Manufacturing, Automotive, Retail, Food & Beverage) and Region - Global Forecast to 2028" The global Robotics as a Service Market size is projected to grow from USD 1.8 billion in 2023 to USD 4.0 billion by 2028; it is expected to grow at a CAGR of 17.4% from 2023 to 2028. The key factors contributing to the growth robotics as a service market growing adoption of industry 4.0 and rising demand of collaborative robots across industries. However, lack of interaction between human workforce and robots is hindering the growth of robotics as a service market. Safety concerns related to industrial robotics systems possesses a huge challenge to the industry. However, emergence if industry 5.0 is biggest opportunity in the market space during the forecast period. ...... Read More |
February 22, 2023 |
Threat Modeling Tools Market worth $1.6 billion by 2027According to a research report "Threat Modeling Tools Market by Component (Solutions, Services), Platform (Web-based, Desktop-based, Cloud-based), Organization Size (Large Enterprises, Small and Medium Sized Enterprises), Vertical and Region - Global Forecast to 2027" published by MarketsandMarkets, the global threat modeling tools market is expected to grow from an estimated USD 0.8 billion in 2022 to USD 1.6 billion by 2027 at a Compound Annual Growth Rate (CAGR) of 14.9% from 2022 to 2027. Factors driving market growth include the rising need for visualization and reporting occurring threats, adherence to strict regulatory guidelines, and increased usage of cloud technology and IoT devices in enterprises. ...... Read More |
February 22, 2023 |
Power Device Analyzer Market worth $600 million by 2027According to a research report "Power Device Analyzer Market by Type (Both AC and DC, AC and DC), Current (Below 1000A and Above 1000A), End User (Automotive, Energy, Telecommunication, Consumer Electronics and Appliances, Medical) and Region - Global Forecast to 2027" published by MarketsandMarkets, the Power Device Analyzer market size will grow to USD 600 million by 2027 from USD 470 million in 2022, at a CAGR of 5.0% during the forecast period. Power device analyzers measures electrical power in devices that generate, transform, or consume electricity. They have been used in electrical product testing equipment as they provide accuracy, frequency ranges, and functions necessary to meet industry test and measurement standards. They are utilized for measuring different aspects of power such as current, voltage, peak, voltage, mean, RMS parameters harmonics, and phase. The power device analyzers are categorized into three types as AC, DC and Both AC and DC. A DC power analyzer is a high-performance instrument that includes up to four sophisticated DC power sources or electronic loads, as well as a digital multimeter (DMM), oscilloscope, arbitrary waveform generator (AWG), and datalogger. The AC power analyzers make more accurate power measurements. ...... Read More |
February 22, 2023 |
Healthcare Payer Services Market worth $118.2 billion by 2027The report "Healthcare Payer Services Market by Service Type (BPO (Claims, Front end, Provider, Product Development, Care Management, Billing, HR), ITO (Provider Network, Accounts, Analytics, Fraud), & KPO), End User (Public and Private) - Global Forecast to 2027", is projected to reach USD 118.2 billion by 2027 from USD 69.9 billion in 2022, at a CAGR of 11.1% during the forecast period. ...... Read More |
February 22, 2023 |
Emulsifiers Market worth $13.1 billion by 2027The report "Emulsifiers Market by Source (Bio-Based, Synthetic), Application (Food, Cosmetics & Personal Care, Oilfield Chemicals, Pharmaceutical, Agrochemicals), and Region (North America, APAC, Europe, Middle East & Africa, South America) - Global Forecast to 2027", global emulsifiers market size is projected to reach USD 13.1 billion by 2027 from USD 9.1 billion in 2022, at a CAGR of 7.6% during the forecast period. ...... Read More |
February 22, 2023 |
Fire Protection System Pipes Market worth $28.5 billion by 2027The report "Fire Protection System Pipes Market by Type (Seamless, Welded), Material (Steel, CPVC, Copper), Application (Fire Suppression System, Fire Sprinkler System), End-use Industry(Residential, Industrial, Commercial), and Region- Global Forecast to 2027", size is projected to reach USD 28.5 billion by 2027 at a CAGR of 6.7% from USD 20.6 billion in 2022. Growth of the market is fueled by the growth of the construction industry, increase in loss of human lives and property due to fire breakouts, stringent regulatory compliances, and rise in the adoption of wireless technology in fire detection systems. High initial costs, concerns about false alarms and detection failures, and the high cost of upgrading traditional fire detectors to smart detectors are restraining market growth. ...... Read More |
February 21, 2023 |
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