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Home › Press Releases
Press Releases
Title | Date |
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Wind Turbine Protection Market worth $2.8 billion by 2029According to a research report "Wind Turbine Protection Market by Equipment (Blades, Nacelles, Towers), Protection Type (Coatings (Epoxy, Polyurethane) and Tapes & Films), End User (Onshore and Offshore), & Region (North America, Europe, APAC, MEA) - Global Forecast to 2029" published by MarketsandMarkets, the Wind turbine protection market is forecast to reach USD 2.8 billion by 2029 from an estimated USD 1.7 billion in 2024, at a CAGR of 10.5% during the forecast period (2024-2029). ...... Read More |
July 17, 2024 |
EV Composites Market worth $5.1 billion by 2029The report "EV Composites Market by Fiber Type (Glass Fiber, Carbon Fiber), Resin Type (Thermoplastics, Thermoset), Type (Ultra-Premium, Premium and Non-Premium), Manufacturing Process, Application, and Region - Global Forecast to 2029", is estimated at USD 2.3 billion in 2024 and is projected to reach USD 5.1 billion by 2029, at a CAGR of 17.1% from 2024 to 2029. ...... Read More |
July 17, 2024 |
Digital Radar Industry worth $13.7 billion by 2029The report "Digital Radar Market by Type (Active and Passive), Dimension (2D, 3D and 4D), Application (Safety, Security and Surveillance), Vertical (Automotive, Aerospace, Military and Defense) and Region - Global Forecast to 2029" The digital radar market is projected to grow from USD 5.9 billion in 2024 and is expected to reach USD 13.7 billion by 2029, growing at a CAGR of 18.2% from 2024 to 2029. The integration of digital radar in defense operations is one of the key factors leading to emergence of digital radar technologies. The effective detection and response to possible threats is made possible by the presence of a strong knowledge of the situation in the military. Modern radar technology is able to detect many different objects because of its high accuracy and comprehensive view, regardless of the place and mission. Since digital radar employs cutting-edge algorithms of signal processing and employs high-resolution images, it is one of the best systems that can offer better accuracy or reliability as far as detection and tracking of objects both airborne and surface are concerned. ...... Read More |
July 17, 2024 |
Software Defined Vehicle Market worth $1,237.6 billion by 2030According to a research report "Software Defined Vehicle Market by SDV Type (Semi-SDV. SDV), E/E Architecture (Distributed, Domain Centralised, Zonal Control), Vehicle Type (Passenger Car and Light Commercial Vehicle) and Region - Global Forecast to 2030" published by MarketsandMarkets, the global Software Defined Vehicle market size is projected to grow from USD 213.5 billion in 2024 to USD 1,237.6 billion by 2030, at a CAGR of 34.0%. There are various factors that affect the growth of demand for SDVs in the global market. Receiving over-the-air updates guarantees that customers' car software is always up to date with the newest features and vehicle security improvements. Due to the regular software upgrades can often cure issues remotely, OEMs will profit greatly from lower recall costs. Furthermore, new business models that allow for real-time car diagnostics and problem solving, such as remote diagnostics, improve maintenance process. ...... Read More |
July 17, 2024 |
Mesh Gateway Industry worth $2.2 billion by 2029The report "Mesh Gateway Market by Offering, Location Type (Indoor, Outdoor), Application, End User Industry (Manufacturing, Energy & Utilities, Agriculture, Retail & Logistics, Transportation, Metal & Mining) and Region - Global Forecast to 2029" The Mesh Gateway industry size is expected to be USD 1.3 billion in 2024 and reach USD 2.2 billion by 2029, with a CAGR of 11.5% between 2024 and 2029. The increasing internet penetration is expected to fuel the growth of the mesh gateway market. With the increase in connected devices in homes and industrial setups, the demand for reliable and scalable network infrastructure is increasing. As traditional wireless networking systems have drawbacks like network drop, deploying mesh gateways is expected to increase in homes and industrial setups. The market for mesh gateways is also expected to grow during the forecast period. ...... Read More |
July 16, 2024 |
Bifacial Solar Market worth $37.6 billion by 2029According to a research report "Bifacial Solar Market by Type (Dual-Glass, Glass-Backsheet), Frame Type (Framed, Frameless), Cell Technology (Passivated Emitter Rear Contact, Heterojunction, TOPCon), Application (Residential, Commercial & Industrial, Utilities) - Global Forecast to 2029" published by MarketsandMarkets, the global bifacial solar Market is projected to reach USD 37.6 billion by 2029 from an estimated USD 18.5 billion in 2024, at a CAGR of 15.2% during the forecast period. The global bifacial solar market is anticipated to grow at a higher level. There are various drivers responsible for the growth of the market such as government policies and incentives and technological advancements among others. The rising global demand for energy, particularly from developing countries, pushes the need for increased bifacial solar panels exploration and production, subsequently driving the bifacial solar market. ...... Read More |
July 16, 2024 |
Threat Hunting Industry worth $6.9 billion by 2029According to a research report "Threat Hunting Market Size, Share, Growth Analysis, By Offering (Tools, Service), Threat Type, Deployment Mode, Organization Size, Vertical (BFSI, Healthcare, IT&ITEs Government) and Region - Global Industry Forecast to 2029" published by MarketsandMarkets, the threat-hunting market is set to grow significantly. It's expected to be worth around USD 3.4 billion in 2024 and increase to about USD 6.9 billion by 2029 at a CAGR of 14.9% during the forecast period. The threat-hunting market is experiencing explosive growth as organizations struggle to combat a relentless wave of cyberattacks. Unlike traditional security measures that passively wait for threats to appear, threat hunting takes a proactive stance, actively searching for hidden threats lurking within networks. Several factors fuel this proactive approach. The increasing need to protect sensitive data, from financial records to intellectual property, compels organizations to adopt more robust security solutions. Also, the growing awareness of cyber risks across industries drives demand for proactive security solutions. By actively hunting for threats, organizations gain a critical advantage: identifying and neutralizing threats before they can wreak havoc, potentially saving millions of dollars, and safeguarding sensitive data. ...... Read More |
July 16, 2024 |
Specialty Super Absorbent Polymer Market worth $2.0 billion By 2029The report "Specialty Super Absorbent Polymer Market by Type, Material (Sodium Polyacrylate, Polyacrylate/Polyacrylamide Copolymer, Bio-Based Sap), End-Use Industry (Agriculture & Horticulture, Industrial, Construction), & Region - Global Forecast to 2029", is projected to reach USD 2.0 billion by 2029, at a CAGR Of 6.5% from USD 1.5 billion In 2024. ...... Read More |
July 16, 2024 |
Carbonization Furnace Market worth $425 million by 2029The report "Carbonization Furnace Market by Type (Countinous carbonization furnace), Feed Stock (Agricultural waste, Forestry Waste, Nutshell waste), Capacity (<1000 kg/h, 1000-2000 kg/h) Application (Charcoal, Wood Vinegar, Tar), Region - Global Forecast to 2029", size is projected to grow from USD 263 million in 2024 to USD 425 million by 2029, registering a CAGR of 10.1% during the forecast period. The carbonization furnace market is driven by several key factors, including increasing global focus on sustainability, technological advancements, expanding applications, economic incentives, and the emphasis on waste management and the circular economy. ...... Read More |
July 15, 2024 |
Penetration Testing as a Service Industry worth $301 million by 2029According to a research report "Penetration Testing as a Service Market by Offering (Solution and Managed Services), Organization Size, Testing Types, Verticals (BFSI, Healthcare, IT & ITES, Telecommunications, Retail & E-Commerce, Manufacturing, Education) - Global Forecast to 2029" published by MarketsandMarkets, the global Penetration Testing as a Service (PTaaS) market size is projected to grow from USD 118 million in 2024 to USD 301 million by 2029 at a CAGR of 20.5% during the forecast period. The PTaaS market is primarily driven by increasing cyber threats and security breaches, regulatory and compliance requirements, digital transformation by adopting cloud services and IoT devices, and a shift towards remote work. ...... Read More |
July 15, 2024 |
Autonomous Trucks Market worth $179.9 billion by 2035According to a research report "Autonomous Trucks Market by LoA (L1, L2/ L3, L4 & L5), Vehicle Type, Propulsion (Diesel, Electric, Hybrid), ADAS Features, Vehicle Class, Application, Sensor Type and Region - Global Forecast to 2035" published by MarketsandMarkets, the autonomous trucks market size is projected to grow from USD 40.7 Billion in 2024 to USD 179.9 Billion by 2035, at a CAGR of 14.4%. The increasing demand for electric and autonomous vehicle and government regulation regarding safety is expected to increase the demand for autonomous trucks. Additionally, continuos innovation in advance driving technologies and components will boost the demand for autonomous trucks. ...... Read More |
July 15, 2024 |
Digital Signage Industry worth $27.3 billion by 2029The report "Digital Signage Market Size, Share & Industry Growth Analysis Report,by Product (Video Walls, Kiosks, Billboards, System-on-chip), Displays, Resolution (4K, 8K, FHD, HD), Software, Display Size, Application and Region - Global Forecast to 2029" The global digital signage industry is projected to grow from USD 20.1 Billion in 2024 to USD 27.3 billion by 2029, registering a CAGR of 6.3% during the forecast period. The growth of the market can be attributed to the increasing adoption of digital signage in commercial applications such as retail & hospitality, surging demand for high resolution displays such as 4K & 8K displays, rising infrastructural developments in developing countries, and ongoing technological advancements in display sector. ...... Read More |
July 15, 2024 |
Border Security Industry worth $34.4 billion by 2029The report "Border Security Market by Domain (Land, Maritime, Airborne), Vertical (Military, Homeland Security), System (Surveillance Systems, Detection Systems, Communication Systems, Command and Control Systems), Installation & Region – Global Forecast to 2029" The border security market is projected to reach USD 34.4 billion by 2029, from USD 26.8 billion in 2024, at a CAGR of 5.1% from 2024 to 2029. The market growth can be attributed to the rising geopolitical instability and growing adoption of new technologies for border security. The border security market includes major players Lockheed Martin Corporation (US), General Dynamics Corporation (US), Northrop Grumman (US), BAE Systems (UK), and Thales (France). These players have spread their business across various countries includes North America, Europe, Asia Pacific, and Middle East. ...... Read More |
July 15, 2024 |
Industrial Batteries Market worth $34.7 billion by 2029The report "Industrial Batteries Market by Battery Type (Lead-acid, Lithium-ion), End-Use Industry (Stationary, Motive), and Region (North America, Asia Pacific, Europe, Middle East & Africa, South America) – Global Forecast to 2029", size is projected to grow from USD 21.2 billion in 2024 to USD 34.7 billion by 2029, at a CAGR of 10.3% during the forecast period. The market for industrial batteries is being driven by the growing need for grid energy storage solutions as a result of continuous grid modernization. The two most common renewable energy sources that are stored in networks are solar and wind energy. However, fluctuations in the process of energy creation are caused by clouds or wind currents that fluctuate. These variations make flexible grid systems—which are used to store energy—necessary. Industrial batteries are starting to play a crucial role in modernising the grid. When there is a surplus of power produced above what is needed, these solutions assist grid operators in conserving energy. Adoption of these technologies enhances the distribution, transmission, and production of electric power supply systems' flexibility and dependability. ...... Read More |
July 12, 2024 |
Blockchain Industry worth $248.9 billion by 2029According to a research report "Blockchain Market by Component (Platforms, Services (Managed, Professional)), Provider, Type (Public, Private, Hybrid, Consortium), Deployment Mode (Cloud, On-Premises), Organization Size, Vertical and Region - Global Forecast to 2029" published by MarketsandMarkets, the global blockchain market size is projected to grow from USD 20.1 billion in 2024 to USD 248.9 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 65.5% during the forecast period. The integration of cloud-based solutions and advanced technologies like AI, ML, has propelled the rapid growth of blockchain adoption. Cloud-based blockchain solutions offer remote accessibility and cost reductions, while AI, ML, and integration are used for efficiency. These combined advancements in blockchain cater to organizations' demands for scalable, cost-effective, and efficient security solutions, driving significant expansion in the blockchain market. ...... Read More |
July 12, 2024 |
Green Ammonia Industry worth $6.2 billion by 2030According to a research report "Green Ammonia Market by Technology (Alkaline Water Electrolysis (AWE), Proton Exchange Membrane (PEM), SOE), End-Use Application (Transportation, Power Generation, Industrial Feedstock (Industrial, Fertilizers)), Region - Global Forecast & Trends to 2030" published by MarketsandMarkets, the green ammonia market is expected to grow from USD 0.3 billion in 2024 to USD 6.2 billion by 2030, with a CAGR of 66.0% during the forecast period. ...... Read More |
July 12, 2024 |
Small Caliber Ammunition Industry worth $7.0 billion by 2029The report "Small Caliber Ammunition Industry by Application (Military, Homeland Security), Caliber Type (9MM Parabellum, 5.56MM, 7.62MM, 12.7MM, 14.5MM, .338 LAPUA Magnum, .338 Norma Magnum), Bullet Type, Lethality and Region - Global Forecast to 2029" The market is valued at USD 5.7 billion in 2024 and is projected to reach USD 7.0 billion by 2029, at a CAGR of 4.3% from 2024 to 2029. The Small Caliber Ammunition Industry is driven by the increasing defense budget for the procurement of small arms ammunitions globally. There is increase in advancement for ammunition manufacturing and modernization of armed forces to enhance safety and effectiveness. Rising public safety concerns, particularly in regions experiencing high crime rates demands for more effective small caliber ammunition for police forces. Furthermore, the rising demand of small caliber ammunition due to the increasing geopolitical conflicts and terrorism activities are driving the market growth. ...... Read More |
July 12, 2024 |
Hydrogen Technology Testing, Inspection and Certification (TIC) Industry worth $9.2 billion by 2029The report "Hydrogen Technology Testing, Inspection and Certification (TIC) Market by Process (Generation, Storage, Transportation/Distribution), Service Type (Testing, Inspection, Certification), Testing Type, Application and Region - Global Forecast to 2029" The global hydrogen technology TIC is valued at USD 4.1 billion in 2024 and is projected to reach USD 9.2 billion by 2029; it is expected to register a CAGR of 17.8% during the forecast period Several factors are driving the steady growth of the hydrogen technology TIC market. These include the rising demand for clean fuels, supportive government policies promoting decarbonization, expanding hydrogen infrastructure, growing risk management concerns, stricter regulations, and advancements in green hydrogen technologies. ...... Read More |
July 12, 2024 |
5G NTN Industry worth $31.7 billion by 2029According to a research report "5G NTN Market by Offering (Hardware, Software, and Services), End-Use Industry (Maritime, Aerospace & Defense, Government, Mining), Application (EMBB, URLLC, MMTC), Location (Urban, Rural, Remote, Isolated), Platform and Region - Global Forecast to 2029" published by MarketsandMarkets, the 5G NTN market is expected to reach USD 31.7 billion by 2029 from USD 7.2 billion in 2024, at a Compound Annual Growth Rate (CAGR) of 34.7% during 2024–2029. ...... Read More |
July 11, 2024 |
Crane Rental Market worth $64.8 billion by 2029The report "Crane Rental Market by Type (Mobile, Fixed), End-Use Industry (Building & Construction, Oil & Gas, Marine & Offshore, Mining & Excavation, Transportation), Weightlifting Capacity (Low, Low-Medium, Heavy, Extreme Heavy) & Region - Global Forecast to 2029", is projected to reach USD 64.8 billion by 2029, at a CAGR of 5.1% from USD 50.6 billion in 2024. ...... Read More |
July 11, 2024 |
Automotive Radar Market worth $33.6 billion by 2030According to a research report "Automotive Radar Market by Range (Short Range, Medium Range and Long Range), Vehicle Type (PC, LCV, and HCV), Frequency (2X-GHz, and 7X-GHz), Propulsion (ICE and Electric), Application and Region - Global Forecast to 2030" published by MarketsandMarkets, The global automotive radar market is projected to grow from USD 6.6 billion in 2024 to USD 33.6 billion by 2030, registering a CAGR of 31.1%. ...... Read More |
July 11, 2024 |
Aircraft Cabin Interiors Industry worth $31.6 billion by 2029The report "Aircraft Cabin Interiors Industry by Type (Seating, IFEC, Cabin Lighting, Galleys, Lavatories, Windows & Windshields, Interior Panels), End User (OEM, MRO, Aftermarket), Platform, Material and Region - Global Forecast to 2029" The Aircraft Cabin Interiors Industry is estimated to be USD 26.1 billion in 2024 and is projected to reach USD 31.6 billion by 2029 at a CAGR of 3.9 % from 2024 to 2029.The aviation industry is experiencing a rise in global air traffic leading to increase in demand for new aircraft. Aircraft manufacturers are focusing on developing lighter and more fuel-efficient aircraft which will cater to the customers preferance. Growth in the entertainment sector is leading to a higher demand for personalized content onboard. These are among some of the factors that are providing growth for the Aircraft Cabin Interiors Market. ...... Read More |
July 11, 2024 |
Building Information Modeling Industry worth $14.8 billion by 2029The report "Building Information Modeling Market by Offering (Software, Services), Deployment Type (On-Premises), Project lifecycle (Pre construction), End User (AEC Professionals), Application (Planning & Modelling) and Region - Global Forecast to 2029" The Building Information Modeling Industry is projected to reach from USD 8.0 billion in 2024 to USD 14.8 billion by 2029; it is expected to grow at a CAGR of 13.1% from 2024 to 2029. The increasing demand for BIM solutions is attributed to advanced sustainability with BIM and rapid rise in urbanization globally. ...... Read More |
July 11, 2024 |
Display Industry worth $173.7 billion by 2029The report "Display Market by Display Technology, Resolution, Panel Size (Micro Display, Small and Medium-sized Panels, Large Panels), Panel Type (Fixed Panel, Flexible Panel), Dimension (2D, 3D), Product, Vertical and Region - Global Forecast to 2029" The display market is expected to reach USD 173.7 billion by 2029 from USD 135.2 billion in 2024, at a CAGR of 5.1 % during the 2024-2029 period. Various companies are investing in display which gives an opportunity for growth in the display market. The display market is continuously developing, with the presence of multiple players. Currently the Asia Pacific region is contributing significantly to the growth of the display market. Similarly, the Europe, North America and RoW regions are expected to be the growing market for the forecasted period. ...... Read More |
July 10, 2024 |
Hydrochloric Acid Market worth $3.0 billion by 2029The report "Hydrochloric Acid Market by Grade (Synthetic, By-product), Application, End-use industry (Food & Beverage, Pharmaceutical, Textile, Steel, Oil & Gas, Chemical), Region (North America, Europe, APAC, MEA, South America), & Region - Global Forecast to 2029", is projected to grow from USD 2.2 billion in 2024 to USD 3.0 billion by 2029, at a CAGR of 6.5% during the forecast period. The growth of the hydrochloric acid market is driven by various small-scale applications, including household cleaning, construction, and leather processing. Additionally, hydrochloric acid is used to dissolve calcium carbonate, such as in descaling kettles and removing mortar from masonry. When applied to brickwork, the reaction between the acid and mortar continues until the acid is completely converted, resulting in calcium chloride, carbon dioxide, and water. ...... Read More |
July 10, 2024 |
Carbon Credit Validation, Verification, Certification Market worth $884 million by 2030According to a research report "Carbon Credit Validation Verification and Certification Market by Type (Voluntary, Compliance), Service (Validation, Verification, Certification), End User (Energy & Utilities, Agriculture & Forestry, Industrial) & Region - Global Forecast to 2030" published by MarketsandMarkets, the market size for global carbon credit validation, verification, certification is projected to reach approximately USD 884 million by the year 2030, as compared to the estimated value of USD 226 million in 2024, at a Compound Annual Growth Rate (CAGR) of 25.5% over the forecast period. The global carbon credit validation, verification, and certification market is driven by several key factors. Governments worldwide are implementing stringent environmental regulations and carbon pricing mechanisms to curb greenhouse gas emissions. These policies, such as the European Union Emissions Trading System (EU ETS) and California's Cap-and-Trade Program, necessitate the validation, verification, and certification of carbon credits, ensuring that organizations meet their compliance obligations. Increasingly, corporations are adopting sustainability strategies to enhance their environmental credentials and meet stakeholder expectations. Companies are voluntarily purchasing carbon credits to offset their carbon footprints, driving demand for rigorous validation and verification processes to guarantee the credibility and impact of their investments in carbon reduction projects. ...... Read More |
July 10, 2024 |
Identity Security Posture Management (ISPM) Industry worth $33.1 billion by 2029According to a research report "Identity Security Posture Management (ISPM) Market Size, Share, Growth Analysis, By Offering (Solutions, Services), Deployment Mode (On-premises, Cloud), Organization Size, Vertical and Region - Global Industry Forecast to 2029" published by MarketsandMarkets, the identity security posture management (ISPM) market size is projected to grow from USD 13.7 billion in 2024 to USD 33.1 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 19.3% during the forecast period. The key driver of ISPM is the growing complexity and interconnectedness of digital ecosystems. Trends such as the proliferation of IoT devices, the convergence of IT, and the increasing use of third-party vendors and partners create expanded attack surfaces and identity management challenges. ...... Read More |
July 10, 2024 |
Udder Health Market worth $1.6 billion by 2029The report "Udder Health Market by Product (Pharmaceuticals (Antibiotics, Intramammary Infusions), Devices (Milk Quality Analysers), Supplements)), Veterinary Care Settings (Dairy Farms, Veterinary Hospitals & Clinics), Animal Type - Global Forecast to 2029", is projected to reach USD 1.6 billion by 2029 from USD 1.2 billion in 2024 at a CAGR of 5.9%. ...... Read More |
July 9, 2024 |
AI Model Risk Management Industry worth $10.5 billion by 2029According to a research report "AI Model Risk Management Market Size, Share, Growth Analysis, By Offering (Software Type and Services), Application (Fraud Detection & Risk Reduction, Regulatory Compliance Monitoring), Risk Type, Vertical, and Region - Global Industry Forecast to 2029" published by MarketsandMarkets, the AI Model Risk Management Market is projected to grow from USD 5.7 billion in 2024 to USD 10.5 billion by 2029, at a compound annual growth rate (CAGR) of 12.9% during the forecast period. The AI Model Risk Management Market market is expected to grow significantly during the forecast period by increasing the need to establish robust security protocols, monitor compliance and respond effectively to emerging threats, the rising need to automate risk assessment for degraded manual errors, and the need to automate model lifecycle, improve efficiency and surge quality of the final production models. ...... Read More |
July 9, 2024 |
Hydrogen Valve Industry worth $507 million by 2030The report "Hydrogen Valve Market by Type (Ball, Needle, Check, Pressure Relief, Globe, Flow Control), Size, Material (Steel, Aluminum), Pressure, Implementation, Application (Production, Fueling Station, Storage, Transportation, Fuel Sell) - Global Forecast to 2030" The global hydrogen valve market was valued at USD 331 million in 2024 and is projected to reach USD 507 million by 2030; it is expected to register a CAGR of 7.4% during the forecast period. Growing demand for hydrogen, rising focus on clean fuels, and government initiatives to boost hydrogen production & consumption are attributed to the demand of hydrogen valves. The demand for hydrogen valve is Increasing in the wake of a global initiative to adoption of clean source of energy such as hydrogen. Since there is high demand for hydrogen for various application, demand for valves that can sustain, an increase in pressure and corrosive conditions rises. ...... Read More |
July 9, 2024 |
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