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Home › Press Releases
Press Releases
Title | Date |
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Rotary and RF Rotary Joints Industry worth $1.9 billion in 2029The 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 2029The 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 2029The 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 2029The 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 2029The 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 2029The 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 2029The 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 2030The 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 2030According 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 2029The 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 2029The 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 2029The 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 2029The 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 2029The 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 2029The 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 2030According 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 2029The 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 2029The 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 2029The 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 2029The 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 2029The 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 2030According 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 |
AI Image Generator Market worth $60.8 billion by 2030According to a research report "AI Image Generator Market by Technology (Convolutional Neural Networks, Autoregressive Models, Diffusion Models; Image Generation, Image Captioning, Image Manipulation, Video Generation, Video Synthesis, Video Editing) - Global Forecast to 2030" published by MarketsandMarkets, the market for Al image generator is projected to grow from USD 8.7 billion in 2024 to USD 60.8 billion in 2030, at a CAGR of 38.2% during the forecast period as it changes the way images and videos are created. AI-driven technologies such as GANs, VAEs, and diffusion models have the ability to generate realistic images based on written descriptions. Generative Al creates interactive learning materials in the field of education including virtual environments. These tools allow designers to experiment with new styles and materials without having to create physical prototypes as the fashion industry uses them to create virtual clothing and fashion shows. Al-generated images help architects conceptualize buildings and urban planning by giving clients realistic project previews prior to the start of construction. Thus, by efficiently creating personalized excellent content generative Al opens creative and useful possibilities in a wide range of fields. ...... Read More |
August 13, 2024 |
AI in Networks Industry worth $46.8 billion by 2029The report "AI in Networks Market by Offering (Router & Switches, AI Networking Platform, Management Software, Software Defined Networking), Function (Optimization, Cybersecurity, Predictive Maintenance), Technology (Gen AI, ML, NLP) - Global Forecast to 2029" The global AI in Networks market is expected to be valued at USD 10.9 billion in 2024 and is projected to reach USD 46.8 billion by 2029 and grow at a CAGR of 33.8% from 2024 to 2029. The growing adoption of 5G, IoT, connected devices, and advanced security solutions creates new avenues for AI in network applications. Advanced cybersecurity systems are being utilized to identify real-time threat detection. The heightened focus on cybersecurity drives the demand for AI in the networks market. ...... Read More |
August 13, 2024 |
Fats & Oils Market worth $323.7 billion by 2029According to a research report "Fats & Oils Market by Type (Vegetable Oils and Fats), Source (Vegetables and Animals), Form (Liquid and Solid), Application (Food and Industrial), and Region (North America, Europe, Asia Pacific, South America, Rest of the World) - Global Forecast to 2029" published by MarketsandMarkets, the global fats & oils market, estimated to be USD 271.8 billion in 2024, showcases a remarkable growth projection, anticipated to escalate to USD 323.7 billion by 2029, indicating a robust compound annual growth rate (CAGR) of 3.6% during the forecast period. ...... Read More |
August 13, 2024 |
Flavors & Fragrances Market worth $42.3 billion by 2029The report "Flavors & Fragrances Market by Ingredient Type (Synthetic, Natural), End-use Industry (Beverages, Bakery, Savory & Snacks, Dairy Products, Confectionery, Consumer Products, Fine Fragrances), and Region - Global Forecast to 2029", size was USD 35.3 billion in 2024 and is projected to reach USD 42.3 billion by 2029, at a CAGR of 3.7%, between 2024 and 2029. ...... Read More |
August 13, 2024 |
Lithium-ion Battery Recycling Market worth $56.9 billion by 2032The report "Lithium-ion Battery Recycling Market by Source (Automotive, Non-automotive), Battery Chemistry, Battery Components, Recycling Process (Hydrometallurgical Process, Pyrometallurgy Process, Physical/Mechanical Process), and Region - Global Forecast to 2032", is projected to grow from USD 16.2 billion in 2024 to USD 56.9 billion by 2032, at a CAGR of 17.0% during the forecast period. The market for lithium-ion battery recycling is mostly driven by the growing demand for recycled goods and materials. Sustainable practices are becoming more and more important as environmental awareness rises and rules get stricter. Due to their high concentration of precious metals like nickel, cobalt, and lithium, lithium-ion batteries are now popular candidates for recycling. Battery recycling lessens the environmental effect of battery production and promotes a circular economy by recovering these essential ingredients and lowering the reliance on virgin resources. This increased focus on sustainability is directly driving the market for recycled lithium-ion batteries. ...... Read More |
August 12, 2024 |
Air Starter Market worth $559 million by 2029According to a research report "Air Starter Market by Type (Vane Air Starter, Turbine Air Starter, Electric Air Starter), End User (Oil & Gas, Military & Aviation, Mining, Marine), & Region (North America, Europe, APAC, South America and Middle East & Africa) - Global Forecast to 2029" published by MarketsandMarkets, the global Air Starter Market is projected to reach USD 559 million by 2029 from an estimated USD 449 million in 2024, at a CAGR of 4.5% during the forecast period. ...... Read More |
August 12, 2024 |
Underfloor Heating Industry worth $7.6 billion by 2029The report "Underfloor Heating Market by Type (Manifolds & Valves, Zone Valves, Heating Pipes, Wiring Centers, Zone Valves, Thermal Actuators, Heating Cales, Mats, Thermostats & Sensors), Offering, Installation Type (New, Retrofit), Region - Global Forecast to 2029" The global underfloor heating industry is expected to be valued at 5.3 billion in 2024 and is projected to reach 7.6 billion by 2029; it is expected to grow at a CAGR of 7.3 % from 2024 to 2029. The rising demand for underfloor heating systems can be attributed to increasing construction activities, particularly in North America and Europe, and government-led efforts to promote renewable energy technologies. The scope of the underfloor heating industry includes two popular product types, namely hydronic (wet) and electric (dry) system. ...... Read More |
August 12, 2024 |
AI Voice Generator Market worth $20.4 billion by 2030According to a research report "AI Voice Generator Market by Technology (Deep Learning, Transformer Models, Generative Adversarial Networks (GANs), Autoencoder; Voice Translation, Voice Cloning, Text to Speech, Virtual Assistants, AI Music Generator) - Global Forecast to 2030" published by MarketsandMarkets, the market for AI voice generator is projected to grow significantly rising from USD 3.0 billion in 2024 to a significant USD 20.4 billion by 2030. A strong compound annual growth rate (CAGR) of 37. 1% is witnessed during the forecast period. A number of significant factors within the business environment are expected to propel the growth of the AI voice generator market. Innovations in natural language processing (NLP) and machine learning in particular have led to a notable increase in consumer interest in smart voice-activated devices and digital assistants. The growing need for accessibility features in digital content is also a major factor driving this markets upward trend. ...... Read More |
August 12, 2024 |
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