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Home › Press Releases
Press Releases
Title | Date |
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Industrial Valve Industry worth $121.67 billion by 2029The report "Industrial Valve Market - Globe, Ball, Butterfly, Plug, Check, Gate, Diaphragm, Safety, Needle, Pinch, & Solenoid Valve, Fluid (Liquid, Gas, Slurry), Actuator (Electric, Pneumatic, Hydraulic), Material (Steel, Aluminum, Nickel) - Global Forecast to 2029" The global Industrial Valve market will be USD 121.67 billion by 2029 from USD 95.58 billion by 2024, at a CAGR of 4.9% during the forecast period. The industrial valve market is witnessing tremendous growth supported by an increasing demand for the product in application areas as diverse as oil and gas, water and wastewater management, and pharmaceuticals. Some of the major growth drivers include rising demands for efficient fluid-control systems, new valve technologies, and increasing regulatory pressures for safe operations and healthy environmental practices. Another area of its contributions is the growing increase of renewable energy projects in the hydrogen space and desalination plants. The Asia Pacific and Middle East region is geographically leading in the emerging markets. Urbanization, along with infrastructural development, boosts these regions' growth. Therefore, an upward trend in the industrial valve market is expected to be evidenced, thus fueled by technological innovations and robust end-user demand. ...... Read More |
October 16, 2024 |
mRNA Synthesis & Manufacturing Market worth $2,958.3 million by 2029The report "mRNA Synthesis & Manufacturing Market by Product (Consumables [Transcription, Purification, Analysis & Characterization], Instrument), Service (Synthesis, Purification, Manufacturing & Scale-up), Application (CGT, Vaccines) - Global Forecast to 2029", is projected to reach USD 2,958.3 million by 2029 from an estimated USD 2,231.4 million in 2024, at a CAGR of 5.8% during the forecast period. ...... Read More |
October 16, 2024 |
Ammonia Market worth $91.95 billion by 2029The report "Ammonia Market by Type (Anhydrous, Aqueous), Sales Channel (Direct and Indirect), End-use Industry (Agriculture, Textile, Refrigeration, Mining, and Pharmaceutical), and Region - Global Forecast to 2029", size is projected to grow from USD 79.47 billion in 2024 and is projected to reach USD 91.95 billion by 2029, at a CAGR of 3.0% ...... Read More |
October 16, 2024 |
Digital Denture Market worth $2.16 billion in 2029The report "Digital Denture Market by Type (Tubes, Tips, Restractors, Cannulae), Usability (Disposable, Reusable), Application (General Surgery, Neurosurgery, Orthopedic, Cardiovascular, Dental), End User, and Region - Global Forecast to 2029", is projected to reach 2.16 billion in 2029 from USD 1.42 billion in 2024, at a CAGR of 8.7% between 2024 and 2029. ...... Read More |
October 16, 2024 |
Web Content Management (WCM) Market worth $24.97 billion by 2029According to a research report "Web Content Management (WCM) Market by Product Type (Content Management (AI image generation, AI voice generation), Digital Asset Management, Content Marketing, Website Development), Architecture (Coupled, Decoupled, Hybrid) - Global Forecast to 2029" published by MarketsandMarkets, the market for web content management is estimated to grow from USD 10.65 billion in 2024 to USD 24.97 billion in 2029, at a CAGR of 18.6% during the forecast period. The growth of web content management (WCM) market is driven by increasing demand for personalized content with immense need for multichannel content delivery. This demand has further fueled the need for unified content management systems. The integration of AI is changing WCM landscape for the end users by automatizing process, enhancing content personalization, and overall operational efficiency. ...... Read More |
October 15, 2024 |
Semiconductor Manufacturing Equipment Industry worth $155.09 billion by 2029The report "Semiconductor Manufacturing Equipment Market by Lithography, Wafer Surface Conditioning, Etching, CMP, Deposition, Wafer Cleaning, Assembly & Packaging, Dicing, Bonding, Metrology, Wafer/IC Testing, Logic, Memory, MPU, Discrete - Global Forecast to 2029" The Semiconductor Manufacturing Equipment market is expected to reach USD 155.09 billion by 2029, up from USD 109.24 billion in 2024, at a CAGR of 7.3% from 2024 to 2029. The rising demand for semiconductor in automotive sector, increasing need for advanced and efficient chips, and expansion of the semiconductor fabrication facilities are some of the major factors contributing to the growth of the semiconductor manufacturing equipment market. Moreover, opportunities such as advancements in packaging technologies and government initiatives for domestic semiconductor industry drive the market growth. ...... Read More |
October 15, 2024 |
Security and Vulnerability Management Market worth $24.04 billion by 2030According to a research report "Security and Vulnerability Management Market by Software (Vulnerability Scanner, Patch Management, SIEM, Risk assessment, Threat Intelligence), Type (Network Security, Application Security, Endpoint Security, and Cloud Security) - Global Forecast to 2030" published by MarketsandMarkets, the global security and vulnerability management market size is projected to grow from USD 16.51 billion in 2024 to USD 24.04 billion by 2030 at a Compound Annual Growth Rate (CAGR) of 6.4% during the forecast period. High financial losses due to security breaches and the growing demand for real-time monitoring and continuous vulnerability assessment drive the security and vulnerability management market. Organizations are thus striving to minimize these financial risks and they demand for robust security and vulnerability management solutions to strengthen their security posture. ...... Read More |
October 14, 2024 |
Plastic Hot and Cold Pipe Market worth $9.96 billion by 2029According to a research report "Plastic Hot & Cold Pipe Market by Raw Material (PEX, PE-RT, PPR, C-PVC, and PB), Application (Water Plumbing Pipes, Radiator Connection Pipes and Underfloor Surface Heating & Cooling), End User, & Region - Global Trends & Forecast to 2029" published by MarketsandMarkets, the plastic hot and cold pipe market is forecast to reach USD 9.96 billion by 2029 from an estimated USD 7.24 billion in 2024, at a CAGR of 6.6% during the forecast period (2024-2029). ...... Read More |
October 14, 2024 |
Titanium Dioxide Market worth $24.41 billion by 2029The report "Titanium Dioxide Market by Grade (Rutile, Anatase), Process (Sulfate, Chloride), Application (Paints & Coating, Plastics, Paper, Inks), & Region (North America, Europe, Asia Pacific, MEA, South America) - Global Forecasts Up to 2029", size is projected to grow from USD 20.72 billion in 2024 and is projected to reach USD 24.41 billion by 2029, at a CAGR of 3.33%. ...... Read More |
October 11, 2024 |
AI in Social Media Market worth $10.33 billion by 2029According to a research report "AI in Social Media Market by Product Type (Social Media Management (Social Media Listening), Content Generation Type (Text, Video, Image, & Content Idea), Influencer Marketing, Reporting & Analytics, Content Strategy), End User - Global Forecast to 2029" published by MarketsandMarkets, the AI in social media market is projected to grow from USD 2.20 billion in 2024 to USD 10.33 billion by 2029, at a compound annual growth rate (CAGR) of 36.2% during the forecast period. The market is expected to grow due to the rise in the need for more personalized user experiences, optimized advertising, and automated customer service. ...... Read More |
October 11, 2024 |
Busbar Market worth $19.70 billion by 2029According to a research report "Busbar Market by Material (Copper, Aluminum), Power Rating (Below 125 A, 125-800 A, Above 800 A), Insulation (Laminated, Powder-coated, Bare), Manufacturing Process (Molded, Stamped, Hybrid, Flexible), End-use and Region - Global Forecast to 2029" published by MarketsandMarkets, the global busbar market is expected to grow very rapidly, from an estimated USD 15.10 billion in 2024 to USD 19.70 billion by 2029 at a CAGR of 5.5% over the forecast period. These factors are largely influenced by the rising needs for efficient power distribution systems in industries such as utilities, automotive, and industrial sectors because of increasing electrification and infrastructure development. The growth of the busbar market is also seen to be driven by government policies on encouraging a shift to renewable sources and grid modernization. Those busbars with digital technologies like automation, sensors, and data analytics have improved the processes involved in manufacturing and operating busbars while cutting energy consumption, and material wastage, and increasing efficiency. These developments have reduced costs, improved reliability, and made busbar systems more sustainable, further propelling growth in this market. ...... Read More |
October 10, 2024 |
Automated Breach and Attack Simulation Market worth $2,405.4 million by 2029According to a research report "Automated Breach and Attack Simulation Market by Application (Configuration Management, Patch Management, Threat Intelligence), Vertical (BFSI, Healthcare, IT & ITeS, Education, Manufacturing) - Global Forecast to 2029" published by MarketsandMarkets, the global Automated Breach and Attack Simulation Market size is projected to grow from USD 729.2 Million in 2024 to USD 2,405.4 Million by 2029 at a Compound Annual Growth Rate (CAGR) of 27.0% during the forecast period. ...... Read More |
October 10, 2024 |
AI Vision Industry worth $43.02 billion in 2029The report "AI Vision Market by Vision Software (API, SDK), Vision Platform, Behavioral Analysis, Optical Character Recognition, Spatial Analysis, Image Recognition, Heatmap Analysis, Machine Learning, Deep Learning, CNN, Generative AI – Global Forecast to 2029" The global AI vision market is expected to reach USD 43.02 billion in 2029 from USD 14. 85 billion in 2024, at a CAGR of 23.7% during the forecast period. Al vision market is expanding during the forecasted period, driven by the increase in employment of machine learning and generative Al in multiple verticals. In healthcare, machine learning and generative Al provide the ability to improve the diagnostic accuracy of imaging and the use of data for patient monitoring. For In-store and e-commerce solutions, retailers have also adopted Al vision solutions for better inventory management and personnel shopper experience. In logistics and transport, Al Vision Solutions is adapted to focus on the real-time monitoring and automation of systems. Al Vision Solutions also helps monitor work sites and manage job sites in the construction sector. Thus, the rising demand for these technologies in various verticals is driving the Al vision market. ...... Read More |
October 10, 2024 |
Power Electronic Testing Industry worth $9.3 billion by 2029The report "Power Electronic Testing Market by Power Discrete (Diode, Transistor, Thyristor), Power Module, Power Integrated Circuit (IC); Electromagnetic Compatibility (EMC) Testing, Radio Frequency (RF) Testing, Energy Efficiency Testing - Global Forecast to 2029" The global power electronics testing market was valued at USD 5.7 billion in 2024 and is projected to reach USD 9.3 billion by 2029; it is expected to register a CAGR of 10.2% during the forecast period.The growth of the power electronics testing market is fueled by multiple significant factors ranging from fast EV adoption to the increasing demand for renewable energy infrastructures using power electronics for conversion and grid adherence. Widespread adoption of semiconductors such as Silicon Carbide (SiC) and Gallium Nitride (GaN) in high-power applications prompts the necessity for innovative testing methods because of their increased voltage levels and frequencies. Industrial automation and smart grids enhance the demand for dependable and effective power electronics that must pass extensive testing for adherence to international safety measures. ...... Read More |
October 10, 2024 |
Precision Irrigation Market worth $6.29 billion by 2029According to a research report "Precision Irrigation Market by Type (Sprinkler Irrigation, Drip Irrigation,), Component (Controllers, Sensors, Water Flow Meters), Technology Type, End Use (Agriculture, Nonagriculture) and Region - Global Forecast to 2029" published by MarketsandMarkets, the precision irrigation market is estimated at USD 4.18 billion in 2024 and is projected to reach USD 6.29 billion by 2029, at a CAGR of 8.5% from 2024 to 2029. ...... Read More |
October 10, 2024 |
Polyethylene Glycol Market worth $5.31 Billion By 2029The report "Polyethylene Glycol Market by Grade, Form (Liquid, White wax, Flake/Powder), Package Size (Drums, Bulk Container, Glass Bottles), End-Use Industry (Pharmaceutical, Cosmetics & Personal care, Food & Beverage, Industrial) & Region - Global Forecast to 2029", Polyethylene Glycol Market Is Projected to Reach USD 5.31 Billion By 2029, At A CAGR Of 6.2% From USD 3.94 Billion In 2024. ...... Read More |
October 9, 2024 |
Humanoid Robot Industry worth $13.25 billion by 2029The report "Humanoid Robot Market by Biped Robots, Wheel Drive Robots, Sensors (Gyroscopes, Accelerometers, Tilt Sensors, Position Sensors, Vision Sensors, Torque Sensors), Actuators (Electrical, Pneumatic, Hydraulic, Piezoelectric) - Global Forecast to 2029" The humanoid robot market to grow from USD 2.03 billion in 2024 and is expected to reach USD 13.25 billion by 2029, growing at a CAGR of 45.5% from 2024 to 2029. The key factors leading to the growth of the humanoid robot market include the increasing demand for humanoid robots for medical applications. There is an increasing demand of humanoid robots in the healthcare industry as they offer assistance to medical professionals as well as enhance the quality of care to the patients. Humanoid robots are being widely deployed in hospitals and medical centers, where they perform a variety of tasks and functions such as collection of patient information, allowing humanoid robots to interact with patients and gather vital data. ...... Read More |
October 9, 2024 |
Quantum Cryptography Market worth $7,594.0 million in 2030According to a research report "Quantum Cryptography Market by Solution (Quantum Key Distribution (QKD), Quantum Random Number Generators (QRNG), Quantum-safe Cryptography)), Service (Professional, Managed), Security Type (Network, Application, Cloud) - Global Forecast to 2030" published by MarketsandMarkets, the quantum cryptography market is estimated to grow from USD 1,157.0 million by 2024 to USD 7,594.0 million in 2030, at a CAGR of 36.8% during the forecast period. ...... Read More |
October 9, 2024 |
Feeding Systems Market worth $4.72 billion by 2029According to a research report "Feeding Systems Market by Type (Rail-Guided, Conveyor, Self-Propelled), Offering (Hardware, Software, Services), Technology (Manual, Automatic), Function, Power Source, Farm Size/ Capacity, Livestock, and Region - Global Forecast to 2029" published by MarketsandMarkets, the feeding systems market is estimated at USD 3.22 billion in 2024 and is projected to reach USD 4.72 billion by 2029, at a CAGR of 8.0% from 2024 to 2029. ...... Read More |
October 9, 2024 |
AI as a Service Market worth $72.13 billion by 2029According to a research report "AI as a Service Market by Product Type (Chatbots, ML Framework, API, No Code/Low Code ML Tools), Service Type (Machine Learning as a Service, Natural Language Processing as a Service (Text to Speech), Generative AI as a Service) - Global Forecast to 2029" published by MarketsandMarkets, the market size for AI as a Service (AIaaS) is expected to significantly increase from USD 14.00 billion in 2024 to USD 72.13 billion by 2029 at a CAGR of 38.8% during the forecast period. Increasing demand for cost-effective AI solutions, cloud adoption, and demand for increased business efficiency drive the AI as a Service market. AIaaS plays a key role in helping organizations boost data analytics performance, drive automation, and create more meaningful customer engagement. Furthermore, improvements in machine learning, natural language processes, and the frameworks of AI contribute to the growth of market in all segments of the industries. ...... Read More |
October 8, 2024 |
Automotive Pump Market worth $12.96 billion in 2035According to a research report "Automotive Pump Market by Pump Type, Technology (Electric, Mechanical), Displacement Type, Vehicle Type, Sales Channel (OEM, Aftermarket), EV Type (BEV, HEV, PHEV, FCEV), Off-Highway Vehicles, Application, and Region - Global Forecast to 2035" published by MarketsandMarkets, the global automotive pump market is projected to grow from USD 12.24 billion in 2024 to USD 12.96 billion in 2035, at a CAGR of 0.5%. ...... Read More |
October 8, 2024 |
Data Center Insulation Market worth $1,125.0 million by 2030The report "Data Center Insulation Market by Material (Mineral Wool, PU Foam, PE Foam, Polystyrene Foam, Flexible Elastomeric Foam), Insulation Type (Thermal & Acoustic), Application (Wall & Roof, Raised Floors, Pipes & Ducts) and Region - Global Forecast to 2030", is projected to grow from USD 463.6 million in 2024 to USD 1,125.0 million by 2030, at a CAGR of 15.9% during the forecast period. The data center insulation market has been increasing because of an increasing number of data center facilities, as well as the need for energy efficiency and cost savings, improvements in cooling technology, and strict regulatory standards. Furthermore, a need for high-performance computer systems and state subsidies for energy-saving technologies also facilitate the adoption process. ...... Read More |
October 8, 2024 |
Retimer Industry worth $1,022.2 million by 2029The report "Retimer Market by PCIe (PCIe 1.0, PCIe 2.0, PCIe 3.0, PCIe 4.0, PCIe 5.0, PCIe 6.0), CXL, USB, SATA, HDMI, ThunderBolt, Ethernet, DisplayPort Interfaces, Servers, Storage Devices, Accelerators, Workstations, Routers, Gaming PCs - Global Forecast to 2029" The global retimer market is projected to reach USD 1,022.2 million by 2029 from USD 613.6 million in 2024; it is expected to grow at a CAGR of 10.7%. ...... Read More |
October 8, 2024 |
Metal Organic Frameworks Market worth $1.70 billion by 2030The report "Metal Organic Frameworks Market by Type (Zinc-based, Copper-based, Iron-based, Aluminium-based, Chromium-based), Synthesis Method (Solvothermal/Hydrothermal, Microwave-assisted, Mechanochemical), and Region - Global forecast to 2030", is estimated at USD 0.51 billion in 2024 and is projected to reach USD 1.70 billion by 2030, at a CAGR of 22.1% from 2024 to 2030. ...... Read More |
October 7, 2024 |
AI Governance Market worth $5,776.0 million by 2029According to a research report "AI Governance Market by Functionality (Model Lifecycle Management, Risk & Compliance, Monitoring & Auditing, Ethics & Responsible AI), Product Type (End-to-end AI Governance Platforms, MLOps & LLMOps Tools, Data Privacy Tools) - Global Forecast to 2029" published by MarketsandMarkets, the market for AI governance is anticipated to grow from USD 890.6 million in 2024 to USD 5,776.0 million by the year 2029 at a robust CAGR of 45.3% over the forecast period ...... Read More |
October 7, 2024 |
Food and Beverage Metal Cans Market worth $70.72 billion by 2029According to a research report "Food and Beverage Metal Cans Market by Fabrication Type (2 Piece Cans, 3 Piece Cans), Application (Food and Beverage), Coating Type, Material Type, Beverage Can Capacity, Degree of Internal Pressure, and Region - Global Forecast to 2029" published by MarketsandMarkets, the food and beverage metal cans market is estimated at USD 50.42 billion in 2024 and is projected to reach USD 70.72 billion by 2029, at a CAGR of 7.0% from 2024 to 2029. ...... Read More |
October 7, 2024 |
Access Control as a Service (ACaaS) Industry worth $3.06 billion by 2029The report "Access Control as a Service (ACaaS) Market by Hosted, Managed, Hybrid, Card-based, Biometric Reader, Electronic Lock, Mobile Access, Public & Private Cloud, Single-factor, Two-factor, Multi-factor Authentication, Passwordless - Global Forecast to 2029" The global access control as a service market is expected to be valued at USD 1.34 billion in 2024 and is projected to reach USD 3.06 billion by 2029; it is expected to grow at a CAGR of 17.9% from 2024 to 2029. ...... Read More |
October 7, 2024 |
AIoT Market worth $79.13 billion by 2030According to a research report "AIoT Market by Technology (ML, NLP, Computer Vision, Context Aware AI) and Platforms (IoT Device Management, IoT Application Enablement Platforms, IoT Connectivity Management, IoT Cloud, IoT Advanced Analytics) - Global Forecast to 2030" published by MarketsandMarkets, the AIoT market is projected to grow from USD 18.37 billion in 2024 to USD 79.13 billion by 2030, at a CAGR of 27.6% during the forecast period. The need for AIoT solutions is predicted to grow due to the exponential growth of data generated from IoT devices. As the number of connected IoT devices continues to rise exponentially, there’s an urgent requirement for solid frameworks that can manage and analyze all the data created effectively. The other key factor for enhancing the AIoT market is the need for automation and efficient running of activities. In the modern world, most companies are more orientated towards implementing AIoT systems in their marketing strategies to increase operations' efficiency while decreasing costs. The need to enhance user experience and provide personalization plays an essential role within the growing AIoT market. Making it possible for businesses to respond quickly and in a more personalized manner to their customers' needs when combined with IoT gadgets is appealing to many businesses in this age. ...... Read More |
October 4, 2024 |
System-on-Chip (SoC) Industry worth $205.97 billion by 2029The report "System-on-Chip (SoC) Market by Core Count (Single-core, Dual-core, Quad-core, Hexa-core, Octa-core), Core Architecture (ARM, X86, RISC-V), Device (Smartphone, Tablet, Laptop, Smart TV & STB, Infotainment System, Router, Gateway) - Global Forecast to 2029" The System-on-Chip (SoC) industry is projected to grow from USD 138.46 billion in 2024 and is estimated to reach USD 205.97 billion by 2029; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 8.3% from 2024 to 2029. The growth of the System-on-Chip (SoC) industry is driven with the increasing trend of SoC in automotive industry along with the adoption of IoT and connected devices that require SoCs to carry out real time processing. Moreover, the surging adoption of AI and machine learning technologies is likely to fuel the demand for system-on-chips. ...... Read More |
October 4, 2024 |
Ammonium Sulfate Market worth $6.19 billion by 2029The report "Ammonium Sulfate Market by Type (Solid, Liquid), Application (Fertilizers, Food & Feed Additives, Pharmaceuticals, Textile Dyeing, Water Treatment), & Region - Global Forecast to 2029", size is projected to grow from USD 5.21 billion in 2024 to USD 6.19 billion by 2029, at a CAGR of 3.5% during the forecast period. ...... Read More |
October 4, 2024 |
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