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Vertical Farming Industry worth $13.7 billion by 2029

The report "Vertical Farming Market by Growth Mechanism (Hydroponics, Aeroponics, Aquaponics), Structure (Building-based and Shipping container-based), Crop Type, Offering (Hardware, Software, Services) & Region - Global Forecast to 2029" The global vertical farming industry was valued at USD 5.6 billion in 2024 and is projected to reach USD 13.7 billion by 2029; it is expected to register a CAGR of 19.7% during the forecast period. Agriculture IoT and AI technology, high urbanization, and a push for the necessity of vertical farming by consumers are prominent drivers for the vertical farming market. These factors include; scarcity of land especially one that is suitable for cultivation, climatic change, and an increasing demand for fresh and organically grown fruits and vegetables. Thus, more governments’ support and investment and the concerns about food security, driving the vertical farming industry.

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July 31, 2024

Dental Equipment Industry worth $9.3 Billion by 2029, with a CAGR of 6.2%

The report "Dental Equipment Market by Product (Therapeutic (Dental Chairs, Dental Units, CAD/CAM, Dental Lasers, Nd:YAG Lasers, Carbon dioxide lasers), Diagnostic (Dental imaging, CBCT)), End User (Dental Hospitals & Dental Clinics) - Global Forecast to 2029", is projected to reach USD 9.3 Billion by 2029 from USD 6.9 Billion in 2024 at a CAGR of 6.2% during the forecast period.

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July 31, 2024

Extrusion Coating Market worth $7.5 billion by 2029

The report "Extrusion Coating Market by Material Type (LDPE, EVA, PP, PET), Substrate (Paper, Paperboard, Aluminium Foils, Polymer Films), Application (Packaging, Liquid, Flexible, Commercial, Photographic), and Region - Global Forecast to 2029", is projected to reach a market size of USD 7.5 billion by 2029 from USD 6.3 billion in 2024, at a CAGR of 3.6%. Asia pacific is the one of the largest markets for extrusion coating. The demand for extrusion coating is experiencing significant growth in packaging industry. Emerging nations such as China, India, Brazil, and Mexico are expected to play a crucial role in driving the global extrusion coating market forward. Asia Pacific extrensive industrial base and rapid urbanization drives the extrusion coating market. China and India’s growing manufacturing sector coupled with growing population drives the demand for extrusion coating.

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July 31, 2024

Small Satellite Industry worth $11.2 billion by 2029

The report "Small Satellite Market by Mass (Small, Mini, Micro, Nano, Cube), Subsystem (Satellite bus, Payloads, Solar Pannels, Satellite Antennas), Orbit (LEO, MEO, GEO, Other Orbits), Application, End Use, Frequency and Region - Global Forecast to 2029" The Small Satellite market is estimated to be USD 5.2 billion in 2024 and is projected to reach USD 11.2 billion by 2029 at a CAGR of 16.6% from 2024 to 2029.Government agencies worldwide are actively fostering the growth of the small satellite industry through various targeted programs.

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July 31, 2024

Zero Trust Security Market worth $78.7 billion by 2029

According to a research report "Zero Trust Security Market Size Share, Growth Analysis, By Offering (Solutions and Services), Application, Security type, Authentication Type, Vertical (Retail & E-commerce, Healthcare, Energy & Utilities) and Region - Global Industry Forecast to 2029" published by MarketsandMarkets, the Zero Trust security market size is projected to grow from USD 36.5 billion in 2024 to USD 78.7 billion by 2029 at a compound annual growth rate (CAGR) of 16.6% during the forecast period. Zero Trust Security is a contemporary cybersecurity framework that transforms how organizations think about security by following the principle of “never trust, always verify.” This implies that no user or device is automatically trusted, irrespective of their place in relation to the network perimeter. Its main ideas involve explicitly verifying every access request using every piece of information available, including user identity, device health, and location. Access to the minimum required is limited through Just-In-Time (JIT) and Just-Enough-Access (JEA) policies.

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July 31, 2024

Medical Batteries Market worth $2.7 billion by 2029

The report "Medical Batteries Market by Type (Lithium, Li-ion, Alkaline,Zinc air, Nickel), Capacity (<600, 600 -1200, >1200 mAh) Application (Pacemaker, Defibrillator, Patient monitor, Wearable), Enduser (Hospital, Clinic, ASC, Home) & Region - Global Forecast to 2029", is projected to reach USD 2.7 billion by 2029 from USD 2.0 billion in 2024, at a CAGR of 6.2% during the forecast period.

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July 31, 2024

Endpoint Protection Platform (EPP) Market worth $29.0 billion by 2029

According to a research report "Endpoint Protection Platform (EPP) Market Size, Share, Growth Analysis, By Offering (Platforms and Services), Enforcement Point (Mobile Devices, POS Terminals), Deployment Mode, Organization Size, Vertical and Region - Global Industry Forecast to 2029" published by MarketsandMarkets, the global endpoint protection platform (EPP) market size is projected to grow from USD 17.4 billion in 2024 to USD 29.0 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 10.7% during the forecast period. By combining AI with machine learning, EPP solutions can dramatically improve threat management capability through proactive detection and response against emerging cyber threats. As businesses are under ever-increasing attacks and cyber-attacks become more frequent and complex, the demand for adaptive endpoint security solutions is on a rise. AI and ML technology empowers EPPs to analyze huge information in real-time, fast detection of potential security breaches, and management of threats before their escalation; therefore, it leads to increased adoption and expansion in the cybersecurity scenario.

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July 30, 2024

Fiber Laser Industry worth $12.8 billion by 2029

The report "Fiber Laser Market by Type (Infrared, Ultrafast, Ultraviolet, Visible), Operation Mode (Continuous wave, Pulsed), Output Power (Low Power, Medium Power, High Power), Industry (Telecommunications, Automotive, Medical) and Region - Global Forecast to 2029" The fiber laser industry to grow from USD 7.7 billion in 2024 and is expected to reach USD 12.8 billion by 2029, growing at a CAGR of 10.8% from 2024 to 2029. The key factors contributing to the growth of the fiber laser industry include the Industrial automation boosts fiber laser adoption for their precision, efficiency, and reliability, growing demand for fiber lasers in medical and healthcare industries, rising adoption of fiber lasers in consumer electronics, expansion of 3D printing and additive manufacturing. Fiber lasers offers high energy efficiency, low maintenance, and long lifespan

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July 30, 2024

Hydraulic Fluids Market worth $10.2 billion by 2029

The report "Hydraulic Fluids Market by Base Oil (Mineral Oil, Synthetic Oil), Point of Sale (OEM and Aftermarket), Application (Mobile Equipment), End-use Industry (Construction, Agriculture, Transportation, Metal & Mining), and Region - Global Forecast to 2029" hydraulic fluids market size was USD 8.7 billion in 2024 and is projected to reach USD 10.2 billion by 2029, at a CAGR of 3.2%, between 2024 and 2029.

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July 30, 2024

eClinical Solutions Industry worth $22.1 billion by 2029, with a CAGR of 13.7%

The report "eClinical Solutions Market by Product (CDMS, EDC, CTMS, eCOA, RTSM, eTMF, Safety), Deployment (On premise, Cloud), Application (Collection, Operations, Analytics), Trial Phase, End user (Pharma, Biotech, Med Devices), & Region - Global Forecast to 2029", is projected to reach USD 22.1 billion by 2029 from USD 11.6 billion in 2024, at a high CAGR of 13.7% during the forecast period.

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July 30, 2024

Nutraceutical Ingredients Market worth $136.1 billion by 2029

According to a research report "Nutraceutical Ingredients Market by Type (Proteins, Amino Acids, and Probiotics), Application (Food, Beverages, Animal Nutrition, Dietary Supplements, Food For Special Medical Purposes (FSMP)), Form, Function, & Region - Global Forecast to 2029" published by MarketsandMarkets, the global nutraceutical ingredients market, valued at USD 105.2 billion in 2024, showcases a remarkable growth projection, anticipated to escalate to USD 136.1 billion by 2029, indicating a robust compound annual growth rate (CAGR) of 5.3% during the forecast period.

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July 30, 2024

RTLS for healthcare Industry worth $5.7 billion by 2029

The report "RTLS Market for Healthcare by Hardware (Tags/Badges, Readers/Trackers), Technology (RFID, Wi-Fi, UWB, BLE, Infrared, Ultrasound, Zigbee, Rubee), Application (Inventory/Asset Tracking, Personnel Monitoring), Facility Type, Region - Global Forecast to 2029" The global healthcare RTLS Industry size is expected to grow from USD 2.3 billion in 2024 to USD 5.7 billion by 2029, at a CAGR of 19.6% during the forecast period. Since ultra-wideband and Bluetooth low energy made a mark recently and are expected to grow exponentially during the forecast period. Hence, companies are involved in developing the best innovative products to lead the marketplace. Fast-paced startups offer a number of innovative solutions based on new RTLS technologies such as UWB, BLE, ZigBee, and RuBee.

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July 29, 2024

Permanent Magnet Market worth $80.4 billion by 2029

The report "Permanent Magnet Market by Type (Neodymium Iron Boron magnet, Samarium Cobalt magnet, Ferrite magnet, AlNiCo magnet), End-Use Industries (Consumer Electronics, Automotive, Medical, Environment & Energy, Aerospace & Defense) - Global Forecast to 2029", is estimated at USD 53.5 billion in 2024 and is projected to reach USD 80.4 billion by 2029, at a CAGR of 8.5% from 2024 to 2029. Permanent magnets are materials that generates persistent magnetic field without the need of an external source. Even after the removal of magnetic force, these magnets can retain magnetism for longer time. Permanent magnets are made of hard ferromagnetic materials which attracts or repels certain metals or magnets. Neodymium Iron Boron magnets, Samarium Cobalt magnets, Ferrite magnets and AlNiCo magnets are the four main types of permanent magnets. They are available in various sizes and grades and are used in wide range of end-use industries.

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July 29, 2024

Prefilled Syringes Market worth $13.1 billion in 2030

The report "Prefilled Syringes Market by Type (Conventional, Safety), Material (Glass Prefilled Syringe, Plastic), Design (Single-Chamber Prefilled Syringe, Dual-Chamber), Application (Diabetes, Cancer, and Rheumatoid Arthritis), & Region - Global Forecast to 2030", is projected to reach USD 13.1 billion in 2030 from USD 7.1 billion in 2024, at a CAGR of 10.8% between 2024 and 2030.

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July 29, 2024

Private Cloud Market worth $190.9 billion by 2029

According to a research report "Private Cloud Market Private Cloud Market Size, By Type (Virtual, On-premises, Hosted, Managed), Service Model (laaS [Compute, Network], PaaS [Data Analytics & Processing, Application Development & Deployment], SaaS [Business Applications]) - Global Forecast to 2029" published by MarketsandMarkets, the global private cloud market will grow from USD 124.8 billion in 2024 to USD 190.9 billion by 2029 at a compounded annual growth rate (CAGR) of 8.9% during the forecast period. The private cloud continues to expand globally because organizations are awakening to the potential of security compliance and efficiency. Many organizations across various industries, including finance, healthcare, and government, have grown awareness about data and privacy. Private clouds allow organizations to have the required security by offering an isolated physical space needed to address cyber threats and unauthorized access while at the same time giving the organizations exclusive control over security measures protective of data. The private cloud allows one to specify security requirements according to an organization's compliance and data location. This focus on security and compliance drives the global private cloud market significantly.

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July 29, 2024

Future of Commercial Vehicle Telematics Market worth $12.8 billion by 2030

According to a research report "Future of Commercial Vehicle Telematics Market by Package Type (Entry-Level, Mid-Tier, Advanced), Solution Type (Embedded, Portable, Smartphone/Cellular), Vendor Type (OEMs, Aftermarket), Vehicle Type (LCVs, HCVs) and Region - Global Forecast to 2030" published by MarketsandMarkets, the global commercial vehicle telematics market size is projected to grow from USD 5.4 billion in 2024 to USD 12.8 billion by 2030, at a CAGR of 15.2%. The main factor driving production of commercial vehicle telematics is an attempt at finding effective ways of managing commercial fleets because their costs are comparatively hiked, and productivity enhanced remarkably. The changes such as the live updates in regards to the finishes and progress of loads and acts of predictiveness are helpful when reconstructing the paths and timetables for the maintenance of the vehicles thereby increasing the fuel efficiency and down time. On the same note, more stringent measures and conditions that are imposed on the firm on issues of safety, emission rates, and compliance can force fleet operators to adopt the telematics systems.

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July 29, 2024

Generative AI Cybersecurity Industry worth $40.1 billion by 2030

According to a research report "Generative AI Cybersecurity Market Size, Share, Growth Analysis, By Generative AI-native Tools (Threat Hunting, Remediation), Cybersecurity Tools for Generative AI (Model Security, Data Security), End-user and Region - Global Industry Forecast to 2030" published by MarketsandMarkets, the market for Generative AI cybersecurity is anticipated to experience substantial expansion, ascending from a value of USD 7.1 billion in 2024 to a substantial worth of USD 40.1 billion by the year 2030. This growth trajectory reflects a robust compound annual growth rate (CAGR) of 33.4% over the forecast period. This dramatic surge is being fueled by a number of causes. The primary growth driver is the enhancement of existing cybersecurity tools through generative AI algorithms by improving anomaly detection, automating threat hunting and penetration testing, and providing complex simulations for security testing purposes. These techniques enable various cyber attack scenarios that can be simulated using the Generative Adversarial Networks (GANs), thus enabling the development of better preparedness and response strategies. On the other hand, it requires special cyber security tools to protect generative AI workloads against unique vulnerabilities such as adversarial attacks, model inversions and LLM poisoning. These tools include differential privacy and secure multi-party computation that are integrated into AI systems for training and deployment data protection purposes.

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July 26, 2024

Feed Robotics Market Size worth $2.5 billion by 2029

According to a research report "Feed Robotics Market by Product Type (Feed Pushers, Feed Mixers, Feeding robots), Farming Environment (Indoor, Outdoor), End Use Application (Dairy Farms, Poultry Farms, Swine Farm), Functionality, Farm Size & Region - Global Forecast to 2029" published by MarketsandMarkets, the feed robotics market is projected to grow from USD 1.6 billion in 2024 to USD 2.5 billion by 2029, at a CAGR of 11.5% during the forecast period. The feed robotics market has seen exponential growth in recent years, fueled by increasing growth in the use of automation, artificial intelligence, & robotics as solution to many challenges on the farm, majorly related to the shortage of the labor demands. The limitations created by the labor shortage is not the only factor for the high adoption of artificial intelligence on the farms. The factor such as learning more about the precision feeding and its importance to deliver its critical nutrients in appropriate amounts at specific points in time to the cattle also plays a vital role in the growing adoption of robotics in feeding management.

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July 26, 2024

Cell Isolation/Separation Market worth $8.4 billion by 2029

The report "Cell Isolation/Separation Market by Product (Consumables [Media, Kits] Instruments), Cell Type (Human, Animal), Cell Source (Bone Marrow, Adipose Tissue), Technique (Centrifugation, Filtration), Application (Biomolecule, Cancer) - Global Forecast to 2029", is projected to reach USD 8.4 billion by 2029 from an estimated USD 4.6 billion in 2024, at a CAGR of 12.9% from 2024 to 2029. Factors contributing to the growth of the global market include increasing R&D investments and funding in cell-based resaerch and growing emphasis on technological advancements. However, high cost of cell-based resaerch is expected to hinder market growth.

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July 26, 2024

Proximity Sensor Industry worth $6.6 billion by 2030

The report "Proximity Sensor Market by Technology (Inductive, Capacitive, Magnetic, Photoelectric/Optical, Ultrasonic), Product Type (Fixed distance, Adjustable distance), Range, Output, End-user Industry and Region - Global Forecast to 2030" The proximity sensor industry is projected to grow from USD 4.3 billion in 2024 and is estimated to reach USD 6.6 billion by 2030; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 7.5% from 2024 to 2030. The growth of the proximity sensor market is driven by the expansion of proximity sensors into new application areas such as medical devices, environmental monitoring, and smart city initiatives, Integration of proximity sensors with IoT and Al technology

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July 26, 2024

Paints & Coatings Market worth $227.5 billion by 2029

The report "Paints & Coatings Market by Resin Type (Acrylic, Alkyd, Epoxy, Polyurethane, Fluoropolymer, Vinyl, Polyester), Technology (Waterborne Coatings, Solvent-borne Coatings, Powder Coatings), End Use (Architectural, Industrial),Region - Global Forecast to 2029", is projected to reach a market size of USD 227.5 billion by 2029 from USD 194.5 billion in 2024, at a CAGR of 3.2%. The Asia pacific is one of the prominent consumers of paints & coatings across the globe. Currently, the requirement for paints & coatings is growing tremendously for automotive, packaging, construction, electronics, and others. The growth of the emerging economies as China, India, Brazil and Mexico among others contribute significantly for the development of the global paints & coatings market.

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July 26, 2024

Egg Replacers Market worth $3.3 billion by 2029

According to a research report "Egg Replacers Market by Ingredient (Alternative Proteins, Starch, Algal Flour, Soy-Based Products), Source (Plant, Animal), Application (Bakery & Confectionery, Savories, Sauces, Dressings & Spreads), Form and Region - Global Forecast to 2029" published by MarketsandMarkets, the global market for egg replacers is estimated at USD 2.3 billion in 2024 and is projected to reach USD 3.3 billion by 2029, at a CAGR of 8.0% during the forecast period.

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July 25, 2024

Sustainable Adhesives Market worth $3.7 billion by 2029

The report "Sustainable Adhesives Market by Type (Recyclable, Renewable, Biodegradable, Green), Raw Material (Water-Based, Plant-Based, EVA Based, Acrylic Based), End-Use Industry (Packaging, Woodworking, Construction, Medical), Region - Global Forecast to 2029", is USD 2.9 billion in 2024 and is projected to reach USD 3.7 billion by 2029, at a CAGR of 5.2%.

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July 25, 2024

Fire Truck Market worth $9.6 billion by 2030

According to a research report "Fire Truck Market by type (Pumper, Aerial, Tender, ARFF, & Hazmat), Application (Commercial & Residential, Military, Airport & Industrial), Propulsion (ICE & EV), Capacity (<500, 501-1000, 1001-2000, >2000 Gallons) and Region - Global Forecast to 2030" published by MarketsandMarkets, the global fire truck market is estimated to grow from USD 8.1 billion in 2024 to USD 9.6 billion by 2030, at a CAGR of 2.7%.

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July 25, 2024

Electric Bus Market worth $37.5 billion by 2030

According to a research report "Electric Bus Market by Propulsion (BEV, FCEV), Battery (LFP, NMC, NCA), Length (<9, 9-14, >14m), Application (City, Coach, Midi, School), Seating/Battery Capacity, Range, Power Output, Autonomy Level, Component, Consumer Region - Global Forecast to 2030" published by MarketsandMarkets, the global electric bus market is estimated to grow from USD 17.0 billion in 2024 to USD 37.5 billion by 2030 with a CAGR of 14.2% over the forecast period. 

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July 25, 2024

Laser Interferometer Industry worth $447 million by 2029

The report "Laser Interferometer Market by Technique (Homodyne, Heterodyne), Type (Michelson, Fabry-Pérot, Fizeau, Mach-Zhender, Sagnac, Twyman-Green), Component (Laser Source, Photodetector, Optical Elements, Control System, Software) – Global Forecast to 2029" The laser interferometer market is expected to be valued at USD 315 million in 2024 and is projected to reach USD 447 million by 2029; growing at a CAGR of 7.2% during the forecast period. Advancements in semiconductor and electronics industries and technological advancements in laser interferometry are key factors driving the expansion of the laser interferometer market. Restraints such as the availability of alternate measurement technologies and the requirement of skilled personnel hinder market growth. However, factors such as expansion in emerging markets with industrialization and integration with industry 4.0 will provide lucrative opportunities for market players in the coming years.

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July 24, 2024

Functional Endoscopic Sinus Surgery Market worth $1.7 billion by 2029

The report "Functional Endoscopic Sinus Surgery Market by Product (Endoscopes (Sinuscopes, Rhinoscopes), Surgical Instruments, Navigation Systems), Procedure (Maxillary, Ethmoid), Indication (Chronic Sinusitis, Nasal Polyposis), Patient type - Global Forecast to 2029", is projected to reach USD 1.7 billion by 2029 from USD 1.2 billion in 2024, at a CAGR of 7.6% during the forecast period. The growth of this market is majorly driven by rise in initiatives and investments by the government, growth in demand for MIS, establishment of new facilities by hospitals which will give rise to a greater number of sinus surgery, increasing cases of allergic rhinitis which will give rise to chronic sinusitis, and growing demand of patients for FESS.

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July 24, 2024

VCSEL Industry worth $1.9 billion by 2029

The report "VCSEL Market by Type (Single-mode, Multimode), Material (Gallium Arsenide, Indium Phosphide), Data Rate (Up to 10 Gbps, 10.1 to 25 Gbps, Above 25 Gbps), Wavelength (Red, Near-Infrared (NIR), Shortwave Infrared (SWIR)) & Region – Global Forecast to 2029" The VCSEL market is projected to grow from USD 1.3 billion in 2024 and is estimated to reach USD 1.9 billion by 2029; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 8.1% from 2024 to 2029.

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July 23, 2024

Molecular Diagnostics Industry Worth $32.7 billion by 2029, with a CAGR of 13.5%

The report "Molecular Diagnostics Market by Product & Services (Kits, Instruments, Software), Test Type (Lab, PoC), Sample (Blood, Urine), Technology (PCR, NGS, ISH, INAAT), Application (Infectious (Hepatitis, HIV, HAI, TB, HPV), Oncology) - Global Forecast to 2029", is valued at an estimated USD 17.3 billion in 2024 and is projected to reach USD 32.7 billion by 2029 at a CAGR of 13.5% during the forecast period.

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July 23, 2024

Sleep Apnea Devices Industry worth $9.3 billion by 2029, with a CAGR of 7.3%

The report "Sleep Apnea Devices Market by products (Therapeutic (PAP (CPAP, APAP, BPAP)), Facial Interfaces, Oral Appliances, Accessories), Diagnostic Devices (PSG, Home Sleep Testing, Oximeters), Age Group, Gender type, End User & Region - Global Forecasts to 2029", is valued at an estimated USD 6.5 billion in 2024 and is projected to reach USD 9.3 billion by 2029 at a CAGR of 7.3% during the forecast period.

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July 23, 2024

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