Home › Press Releases

Press Releases

Title	Date
Aircraft Cabin Interiors Industry worth $31.6 billion by 2029 The 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 2029 The 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 2029 The 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 2029 The 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 2030 According 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 2029 According 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 2029 The 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 2029 According 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 2030 The 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
Sodium Hydroxide Market worth $55.6 billion by 2029 The report "Sodium Hydroxide Market by Grade (Solid, 50% Aqueous Solution), Production Process, Application (Biodiesel, Alumina, Inorganic Chemicals, Organic Chemicals, Food, Pulp & Paper, Soap & Detergent, Textiles, Water Treatment), Region - Global Forecast to 2029", size is projected to grow from USD 44.9 billion in 2024 and is projected to reach USD 55.6 billion by 2029, at a CAGR of 4.4%. The sodium hydroxide market is poised for substantial expansion due to the rising utilization and demand for alumina. Alumina is a key element derived from sodium hydroxide, finds widespread application in the construction sector, primarily due to its remarkable characteristics, including its exceptional durability, lightweight nature, and cost-efficient attributes. As the construction industry continues to seek materials that offer superior performance while maintaining economic viability, the demand for alumina is projected to increase, consequently driving growth in the sodium hydroxide market. ...... Read More	July 9, 2024
Command and Control Systems Industry worth $44.7 billion by 2029 The report "Command and Control Systems Market by Platform (Land, Maritime, Airborne, Space and Cyber), Application (Military, Government and Civil & Commercial), Soutions (Hardware, Software and Services), System, Installation & Region - Global Forecast to 2029" The command and control systems market is projected to reach USD 44.7 billion by 2029, from USD 32.5 billion in 2024, at a CAGR of 6.6% during the forecast period. The market growth can be attributed to rising need for situational awareness to support decision-making. The command and control systems industry includes major players L3Harris Technologies, Inc. (US), Thales (France), RTX Corporation (US), General Dynamics Corporation (US) and Lockheed Martin Corporation (US). These players have spread their business across various countries includes North America, Europe, Asia Pacific, and Middle East. ...... Read More	July 9, 2024
Data Center Accelerator Industry worth $372.9 billion by 2029 The report "Data Center Accelerator Market by Processor (GPU, CPU, ASIC, FPGA), Type (Cloud Data Center, HPC Data Center), Application (Deep Learning Training, Enterprise Inference), End-user (IT & Telecom, Healthcare, Energy) and Region - Global Forecast to 2029" The global data center accelerator market was valued at USD 109.9 billion in 2024 and is projected to reach USD 372.9 billion by 2029; it is expected to register a CAGR of 27.7% during the forecast period. Growing demand for cloud-based services, rising focus on parallel computing in AI data centers, and surging adoption of deep learning technology in big data analytics are attributed to the demand of data center accelerators. ...... Read More	July 9, 2024
Ethylene Carbonate Market worth $1.5 billion by 2029 The report "Ethylene Carbonate Market by Application (Lubricants, Lithium Battery Electrolyte, Plasticizers, Surface Coatings), End-Use Industry (Automotive, Oil & Gas, Industrial, Medical, Personal Care & Hygiene), and Region - Global Forecast to 2029", size is expected to grow from USD 0.8 billion in 2024 to USD 1.5 billion by 2029, at a CAGR of 14.4%, during the forecast period. Key drivers of the ethylene carbonate industry are rising demand across the Asia Pacific region and expanding usage in diverse applications such as lithium battery electrolytes, lubricants, coatings, and plasticizers. ...... Read More	July 8, 2024
Future of SUV Market worth 53 million units by 2030 According to a research report "Future Of SUV Market by Type (Sub-Compact, Compact, Mid-size, Full-size and MPV), Propulsion (Internal Combustion Engine, Hybrid and Electric Vehicles) and Region (North America,Europe and Asia-Pacific) - Global Forecast 2030" published by MarketsandMarkets, the SUV market is projected to reach 53 million units by 2030 from 41 million units in 2024, at a CAGR of 4.4%. ...... Read More	July 8, 2024
Cloud FinOps Industry worth $23.3 billion by 2029 According to a research report "Cloud FinOps Market Size, Share, Growth Analysis, By Offering (Solutions (Native, Third-party), Services), Application (Cost Management & Optimization, Cost Allocation & Chargeback), Service Model, and Deployment Model - Global Industry Forecast to 2029" published by MarketsandMarkets, the global cloud FinOps market will grow from USD 13.5 billion in 2024 to USD 23.3 billion by 2029 at a compounded annual growth rate (CAGR) of 11.4% during the forecast period. Cloud FinOps solutions are critical for small industries to deal with the overall and optimal management of expenses within the cloud environment. The cost of the cloud is perhaps one of the most critical ways small businesses can control their expenditure as it goes straight to their profit and loss account. Cloud FinOps tools enable customers to monitor usage and understand trends, find and prevent waste, and receive recommendations for improvements unique to their business. This allows small businesses to deploy resources wisely, develop facilities that meet the demands, and avert situations where the company is charged more than it can afford. ...... Read More	July 8, 2024
Robotic Platform Industry worth $13.0 billion by 2029 The report "Robotic Platform Market by Robot (Industrial Robot, Service Robot), Deployment (On-premises, On-Cloud), Type (Mobile, Stationary/Fixed), End-user Industry (Manufacturing, Residential, Logistic & Transportation) and Region - Global Forecast to 2029" The Robotic platform market is projected to grow from USD 9.8 billion in 2024 and is estimated to reach USD 13.0 billion by 2029; it is projected to grow at a Compound Annual Growth Rate (CAGR) of 5.9% from 2024 to 2030. The growth of the Robotic platform market is driven by increasing government investments in Robotics Research & Development, Accelerated adoption of robotic software by SMEs to minimize labor and energy expenses, Increasing adoption of cloud-based robotic software solutions, Adoption of service robots in medical applications; Adoption of Autonomous Mobile Robots (AMRs) in warehouse and logistics sectors. ...... Read More	July 5, 2024
Embedded Finance Industry worth $251.5 billion by 2029 According to a research report "Embedded Finance Market Size, Share, Growth Analysis, By Type (embedded payments, embedded lending, embedded insurance, embedded wealth management), Business Model, Industry (retail & eCommerce, healthcare) - Global Forecast to 2029" published by MarketsandMarkets, the embedded finance market is expected to reach USD 251.5 billion by 2029 from USD 115.8 billion in 2024, at a Compound Annual Growth Rate (CAGR) of 16.8% during the forecast period. ...... Read More	July 5, 2024
Drone Package Delivery Industry worth $4,666 million by 2030 The report "Drone Package Delivery Industry by Solution (Platform, Infrastructure, Software, Service), Type, Range (Short (<25 km), Medium (25–50 km), Long (>50 km)), Package Size, Duration, End Use, Operation Mode - Global Forecast to 2030" The market is valued at USD 693 million in 2024 and is projected to reach USD 4,666 million by 2030, at a CAGR of 37.4% from 2024 to 2030. The drone package delivery industry is driven by the growing need for quick, instant, same day delivery, and emergency supplies. The drones offer a cost-effective delivery solution as compared to traditional ground-based delivery methods, especially for last-mile deliveries. The UAV-based delivery reduces the need for large delivery vehicles, which in turn lowers traffic congestion and decreases greenhouse gas emissions. Furthermore, the enhancements in regulatory frameworks to support drone packge delivery by focusing on reducing carbon emissions are also driving the market growth. ...... Read More	July 5, 2024
Contrast Media Injectors Market worth $2.3 billion by 2029 The report "Contrast Media Injectors Market by Product (System (CT, MRI, Angiography, Mammo), Consumable, Accessories), Type (Single & Dual-head, Syringeless), Application (General Imaging, Interventional), End user (Hospital, Clinic), & Region - Global Forecast to 2029", is estimated to reach USD 2.3 billion by 2029, up from USD 1.6 billion in 2024, at a CAGR of 8.0% from 2024 to 2029. Growing adoption and awareness of contrast-enhanced CT and MRI procedures, rising incidence of cancer & cardiovascular diseases, and the availability of automated solutions the are the major indicators contributing to the market's growth. ...... Read More	July 5, 2024
Cooling Tower Market worth $3.9 billion by 2029 The report "Cooling Tower Market by Type (Evaporative, Dry, Hybrid), Design (Natural, Mechanical), Construction Material (Concrete, Steel, FRP, Wood), Flow Type, Technology, Application (Power Generation, HVACR, Food & Beverage), & Region - Global Forecast to 2029", size is projected to grow from USD 3.0 billion in 2024 to USD 3.9 billion by 2029, registering a CAGR of 5.3% during the forecast period. ...... Read More	July 5, 2024
Hot-Melt Adhesives Market worth $10.9 billion by 2029 The report "Hot-Melt Adhesives Market by Resin Type (EVA, SBC, MPO, APAO, Polyolefins), Application (Packaging Solutions, Nonwoven Hygiene Products, Furniture & Woodwork, Bookbinding), and Region - Global Forecast to 2029", size was USD 9.5 billion in 2024 and is projected to reach USD 10.9 billion by 2029, at a CAGR of 2.8% between 2024 and 2029. The main factors driving the hot-melt adhesives market are its diverse applications, the potential to substitute other adhesives, and high demand in emerging markets. ...... Read More	July 4, 2024
Exhaust System Market worth $40.6 billion by 2030 According to a research report "Exhaust System Market by After-Treatment Device (DOC, DPF, LNT, SCR, GPF), Vehicle Type (LCV, Trucks, Buses, Tractor, Construction & Mining Equipment), Aftermarket, Component, Application, Fuel Type, Sales Channel and Region - Global Forecast to 2030" published by MarketsandMarkets, the global exhaust system market is projected to grow at a CAGR of 3.6% during the forecast period, from an estimated USD 32.9 billion in 2024 to USD 40.6 billion by 2030. ...... Read More	July 4, 2024
People Counting System Industry worth $2.1 billion by 2029 The report "People Counting System Market by Type (Unidirectional, Bidirectional), Technology (Infrared Beam, Thermal Imaging, Video-Based), Offering (Hardware, Software), End-use Application & Region( North America, Europe, APAC, ROW) - Global Forecast to 2029" The people counting system market is projected to grow from USD 1.2 billion in 2024 and is expected to reach USD 2.1 billion by 2029, growing at a CAGR of 11.6 % from 2024 to 2029. Increasing adoption of people counting systems in smart cities for traffic management and infrastructure planning, is driving the market for people counting systems. Smart cities increasingly use people counting systems to track pedestrian flow and traffic patterns. Hence, this data aids in improvement of traffic management, public transportation routes are optimized, and planning for future infrastructure projects are established. ...... Read More	July 4, 2024
Deepfake AI Industry worth $5,134 million by 2030 According to a research report "Deepfake AI Market Size, Share, Growth Analysis, By Offering (Deepfake Detection & Authentication, Deepfake Generation, Services), Technology (GAN, NLP, Autoencoders, Diffusion Models, Transformers), Vertical and Region - Global Industry Forecast to 2030" published by MarketsandMarkets, the market for Deepfake AI (AI) is anticipated to experience substantial expansion, ascending from a value of USD 564 million in 2024 to a substantial worth of USD 5,134 million by the year 2030. This growth trajectory reflects a robust compound annual growth rate (CAGR) of 44.5% over the forecast period. This dramatic surge is being fueled by a number of causes. The primary growth driver is the rising concerns about the misuse of deepfake technology, which poses substantial dangers to digital identity and security, has fueled demand for enhanced detection and mitigation tools. Furthermore, fast advances in artificial intelligence (AI) capabilities, combined with widespread usage of digital media platforms, are driving innovation and broadening the application reach of deepfake technology across multiple industries. Furthermore, the rising interest in ethical uses of deepfakes for marketing and entertainment purposes is also fostering market expansion. ...... Read More	July 4, 2024
Anti-Migrating Agent Market worth $224 million by 2029 The report "Anti-Migrating Agent Market by Type (Non-ionic, Anionic, Cationic, Amphoteric), Grades (Technical, Food, Pharmaceutical), Application, Chemistry (Organic, Inorganic), End-Use Industry (Textile, Plastics, Paper), and Region - Global Forecast to 2029", size is projected to reach USD 224 million by 2029 from USD 159 million in 2024, at a CAGR of 7.0% during the forecast period. The major drivers for the anti-migrating market are burgeoning demand in the textile industry, the rise in digital printing applications, and the increased focus on high-quality, durable products. The textile industry relies heavily on anti-migrating agents to ensure color fastness and prevent dye migration, which is critical for maintaining the quality and appeal of textiles. As textile markets expand globally, the need for effective anti-migrating agent continues to grow. ...... Read More	July 3, 2024
Natural Language Understanding (NLU) Market worth $62.9 billion by 2029 According to a research report "Natural Language Understanding (NLU) Market Size, Share, Growth Analysis, By Offering (Solutions, Services), Type, Application (Machine Translation, Chatbots & Virtual Assistants, Sentiment Analysis, Data Capture) - Global Industry Forecast to 2029" published by MarketsandMarkets, the market for natural language understanding (NLU) is estimated to grow from USD 19.2 billion in 2024 to USD 62.9 billion in 2029, at a CAGR of 26.8% during the forecast period. The growth of the natural language understanding market is driven by an increasing consumer demand for personalized and intuitive interactions, enhanced productivity, shorter call durations in contact centers, a rising need for impactful brand messaging, and the rapid expansion of unstructured text data. ...... Read More	July 3, 2024
Medical Electronics Industry worth $15.7 billion by 2029 The report "Medical Electronics Market by Component (Sensors, Batteries, MPUs, Displays, Memory Chips), Equipment (Diagnostic and imaging, Patient Monitoring, Medical implantable, Ventilators & RGM, Medical Robots) Device Classification - Global Forecast to 2029" The global medical electronics industry is expected to be valued at USD 11.1 billion in 2024 and is projected to reach USD 15.7 billion by 2029; it is expected to grow at a CAGR of 7.2% from 2024 to 2029. Increasing demand for medical devices for patient monitoring and diagnostics is fuelling the growth of the medical electronics market. ...... Read More	July 3, 2024
Specialty Enzymes Industry worth $9.2 billion by 2029 According to a research report "Specialty Enzymes Market by Source (Microorganism, Plant, Animal), Type (Carbohydrases, Proteases, Lipases, Polymerases & Nucleases), Application (Pharmaceuticals, Diagnostics, Research & Biotechnology), Form & Region - Global Forecast to 2029" published by MarketsandMarkets, the global specialty enzymes market size is estimated to be valued at USD 6.1 billion in 2024 and is projected to reach USD 9.2 billion by 2029, recording a CAGR of 8.5%. The biopharmaceutical industry's rapid expansion, fueled by innovations in biotechnology and personalized medicine, offers significant growth opportunities for the specialty enzymes market. Enzymes are crucial in various biopharmaceutical manufacturing stages, such as protein expression, purification, and modification. They play a vital role in developing biologics, including monoclonal antibodies, vaccines, and gene therapies. With an aging population and a rising incidence of chronic diseases, the demand for biopharmaceuticals is increasing, consequently driving the need for enzymes in biopharmaceutical production. ...... Read More	July 3, 2024
Military Radar Industry worth $18.4 billion by 2029 The report "Military Radar Market by Platform, Product Type (Surveillance and Early Airborne Warning Radar, Tracking and Fire Control Radar, Multi Function Radar, Airborne Moving-Target Indication (MTI) Radar), Frequency Band, Dimension - Global Forecast to 2029" The market is valued at USD 14.1 billion in 2024 and is projected to reach USD 18.4 billion by 2029, at a CAGR of 5.4% from 2024 to 2029. The military radar market involves the design, manufacture, and implementation of radar systems tailored for defense and military use. These systems are employed by military forces and defense agencies to improve situational awareness, and capabilities in target detection, tracking, surveillance, and reconnaissance. A key driver of this market is the increasing need for advanced defense mechanisms amid rising global security threats, which necessitates continual upgrades to radar technologies to ensure robust national and international security. ...... Read More	July 2, 2024
Next-Generation Data Storage Industry worth $90.0 billion by 2029 The report "Next-Generation Data Storage Market Size by Storage System (Direct-Attached, Network-Attached, Storage Area Network), Storage Medium (SSD, HDD, Tape), Storage Architecture (File-& Object-Based Storage, Block Storage) & Region – Global Forecast to 2029" The next-generation data storage industry is projected to grow from USD 65.1 billion in 2024 and is estimated to reach USD 90.0 billion by 2029; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 6.7% from 2024 to 2029. ...... Read More	July 2, 2024

Home › Press Releases

Press Releases

How can we help you?