Home › Press Releases

Press Releases

Title	Date
Insulation Products Market worth $84.2 billion by 2029 The report "Insulation Products Market by Insulation Type (Thermal, Acoustic), Material Type (Mineral Wool, Polyurethane Foam, Flexible Elastomeric Foam), End-use (Building & Construction, Industrial, Transportation, Consumer) - Global Forecast to 2029", size is projected to grow from USD 65.9 billion in 2024 and reach USD 84.2 billion by 2029, at a CAGR of 5.0% from 2024 to 2029. Renovation and retrofitting projects in older buildings contribute to the demand for insulation products as owners seek to improve energy efficiency and comfort levels. ...... Read More	May 15, 2024
Distribution Automation Market worth $36.5 billion by 2029 According to a research report "Distribution Automation Market by Offering (Field Devices, Software, Services), Communication Technology (Wired (Fiber Optic, Ethernet, Powerline Carrier, IP), Wireless), Utility (Public Utilities, Private Utilities) and Region - Global Forecast to 2029" published by MarketsandMarkets, the global distribution automation market is estimated to be valued at USD 19.3 billion in 2024 and is projected to reach USD 36.5 billion by 2029; growing at a CAGR of 13.6% during the forecast period. Distribution automation (DA) refers to a collection of technologies, strategies, and practices used by electric utilities to improve the efficiency, reliability, and safety of their power distribution networks. It essentially involves automating various tasks and processes within the distribution system. ...... Read More	May 15, 2024
Brain Computer Interface Industry worth $506 million by 2029, with a CAGR of 14.1% The report "Brain Computer Interface Market by Product (Non-invasive, Invasive, Partial invasive), Technology (EEG, MEG, ECoG, fMRI), Application (Disability/Rehabilitation, Assistive technologies, Mental health, Research), End User - Global Forecast to 2029", is projected to reach USD 506 million by 2029 from USD 262 million in 2024, at a CAGR 14.1%. ...... Read More	May 15, 2024
India Drone Industry worth $1,437 Million by 2029 The report "India Drone Market by Platform (Civil and Commercial, Defense), Point of Sale (OEM, Aftermarket), Application (Military, Commercial, Government and Law Enforcement, Consumer), Systems and Industry - Forecast to 2029" The India Drone Market is projected to grow from USD 654 Million in 2024 to USD 1,437 Million by 2029, at a CAGR of 17.0% during the forecast period. The Drone volume in the India Drone Market is projected to grow from 10,803 Units in 2024 to 61,393 Units by 2029. The India drone market is experiencing rapid growth, driven by increasing demand across various sectors, including agriculture, defense, and e-commerce. Supportive government policies and initiatives like the Drone Shakti scheme have further expanded the industry. ...... Read More	May 15, 2024
Global Agriculture Industry Outlook worth YOY Increase of 15.7% by 2024 According to a research report "Global Agriculture Industry Outlook 2024 - Feeding the Future Through Innovation" published by MarketsandMarkets, the Top 10 Agriculture Markets Will Grow From USD 81.5 billion In 2023 to USD 94.3 billion by 2024 at A YOY Increase of 15.7%. ...... Read More	May 14, 2024
LEO Satellite Industry worth $23.2 Billion by 2029 The report "LEO Satellite Market by Satellite Type (Small, Medium, Large Satellites, and Cubesats), Application (Communication, Earth Observation & Remote Sensing, Scientific Research, Technology), Subsystem, End Use, Frequency and Region - Global Forecast to 2029" The LEO satellite industry is projected to grow from USD 12.6 billion in 2024 to USD 23.2 Billion by 2029, at a CAGR of 13.0% from 2024 to 2029. The market growth can be attributed to the growing need for earth observation imagery and analytics. ...... Read More	May 14, 2024
Air Insulated Switchgear Market worth $85.9 billion by 2029 According to a research report "Air Insulated Switchgear Market by Installation (Indoor, Outdoor), Voltage (Low, Medium, High), Application (Transmission & Distribution Utilities, Industrial, Commercial & Residential, Transportation) and Region - Global Forecast to 2029" published by MarketsandMarkets, the market size for AIS is projected to reach approximately USD 85.9 billion by the year 2029, as compared to the estimated value of USD 67.3 billion in 2024, at a Compound Annual Growth Rate (CAGR) of 5.0% over the forecast period. ...... Read More	May 14, 2024
Liquid-Applied Membrane Market worth $32.1 billion by 2029 The report "Liquid-Applied Membrane Market by Type (Elastomeric, Bituminous, Cementitious), Application (Roofing, Walls, Building Structures, Roadways), Usage, End-Use Industry (Residential Construction, Commercial Construction), and Region - Global Forecast to 2029", is projected to reach USD 32.1 billion by 2029, at a CAGR of 5.9% from USD 24.1 billion in 2024. ...... Read More	May 14, 2024
Drug Screening Market worth $19.5 billion by 2029 The report "Drug Screening Market by Product (Rapid Testing (Urine, Oral), Analytical (Breathalyzer, Immunoassay, Chromatography)), Sample (Urine, Breath, Hair), Drug (Alcohol, Cannabis, Opioids), End User (Workplace, Hospital, Law) - Global Forecast to 2029", is projected to reach USD 19.5 billion by 2029, from USD 9.1 billion in 2024, at a CAGR of 16.6%. Factors such as mounting drug & alcohol consumption, enforcement of stringent laws mandating drug and alcohol testing, increasing government funding in major markets, and rising regulatory approvals and service and product launches are the some of the factors driving the growth of this market. ...... Read More	May 14, 2024
Biologics Safety Testing Market worth $7.2 billion by 2029 The report "Biologics Safety Testing Market by Product & Service (Consumables, Instrument, Services), Test Type (Mycoplasma, Sterility, Endotoxin, Bioburden, Virus Safety), Application (Vaccines, mAbs, Cell & Gene Therapy, Blood Products) - Global Forecast to 2029", is projected to reach USD 7.2 billion by 2029 from an estimated USD 4.2 billion in 2024, at a CAGR of 11.1% during the forecast period of 2024 to 2029. Some factors contributing to the growth of the global market includes increasing R&D investments fundings in biopharmaceutical industry, growing development of biologics, stringent regulatory requirements for biologics safety testing, and increasing number of strategic alliances for the development of novel therapeutics. However, ethical concern regarding animal testing is expected to hinder market growth. ...... Read More	May 13, 2024
eGRC Industry worth $34.5 billion by 2029 According to a research report "eGRC Market by Offering (Solutions and Services), Deployment Mode (On-premises and Cloud), Organization Size, Solution Usage (Internal and External), Business Function, Vertical (BFSI, Healthcare, Manufacturing) and Region - Global Forecast to 2029" published by MarketsandMarkets, the eGRC (Enterprise, Governance, Risk, and Compliance) market size is projected to grow from USD 18.3 billion in 2024 to USD 34.5 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 13.4% during the forecast period. The key driver for adopting eGRC solutions is an increase in stringent regulations, such as the EU AI Act, that aims to establish a comprehensive regulatory framework for AI and impact how organizations manage GRC with AI technology integrations. Organizations need to assess their AI models, understand the implications of the EU AI Act, and prepare for the changes it will bring to create a more secure and trustworthy AI environment. By aligning with the regulations of the EU AI Act, businesses can navigate the regulatory landscape effectively and leverage AI technology while safeguarding against risks and ensuring compliance with the updated rules. ...... Read More	May 13, 2024
Micro Combined Heat and Power Market worth $4.8 billion by 2029 According to a research report "Micro Combined Heat and Power Market by Technology (IC Engine, PEMFC, Rankine Cycle Engine, Stirling Engine, SOFC), Type (Engine, Fuel Cell), Application (Residential, Commercial), Capacity (<5kW, 5–10kW, 10–50kW) and Region - Global Forecast to 2029" published by MarketsandMarkets, the Micro Combined heat and power market is projected to reach USD 4.8 billion by 2029 from an estimated USD 3.1 billion in 2024, at a CAGR of 9.4% during the forecast period. ...... Read More	May 13, 2024
Heat Exchanger Market worth $32.3 billion by 2029 The report "Heat Exchanger Market by Type (Shell & Tube, Plate & Frame, Air Cooled), Material (Metal, Alloys, Brazing Clad Materials), End-Use Industry (Chemical, Energy, Hvacr, Food & Beverage, Power, Pulp & Paper), and Region - Global Forecast to 2029", is projected to reach USD 32.3 billion by 2029, at a CAGR of 7.0% from USD 23.0 billion in 2024. ...... Read More	May 13, 2024
Electric 3 wheeler Market worth $1.5 billion by 2030 According to a research report "Electric 3 wheeler Market by End Use (Passenger Carriers, Load Carriers), Range (Less than 50 miles, above 50 miles), Battery Type (Lead Acid, Lithium-ion), Battery Capacity, Motor Type, Motor Power, Payload Capacity and Region – Global Forecast to 2030" published by MarketsandMarkets, the Electric 3 wheeler Market is projected to grow from USD 1.3 billion in 2024 to USD 1.5 billion by 2030, registering a CAGR of 2.2%. ...... Read More	May 13, 2024
Identity Threat Detection and Response (ITDR) Industry worth $35.6 billion by 2029 According to a research report "Identity Threat Detection and Response (ITDR) Market by Offering (Solutions and Services), Deployment Mode (Cloud and On-premises), Organization Size, Vertical (BFSI, Retail & Ecommerce, Government & Defence, Gaming & Gambling , IT & ITes, Telecommunications, Energy & Utilities, Education , Healthcare & Life Sciences, Other verticals), & Region - Global Forecast to 2029" published by MarketsandMarkets, the global identity threat detection and response market size is projected to grow from USD 12.8 billion in 2024 to USD 35.6 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 22.6% during the forecast period. The expansion of identity threat detection and response (ITDR) is propelled by the continuously evolving global threat landscape and combating threat-targeting identities and identity systems. ITDR provides response strategies ensuring the protection of sensitive and confidential data. ...... Read More	May 10, 2024
Medical Polymer Market worth $60.5 billion by 2029 The report "Medical Polymer Market by type (Medical plastics, Medical elastomers), Application (Medical Disposables, Medical Instruments And Devices, Prosthetics, Diagnostics Instruments And Tools), Manufacturing Technology, and Region - Global Forecast to 2029", is expected to grow at a CAGR of 8.0% during the forecast period, from an estimated USD 41.1 billion in 2024 to USD 60.5 billion by 2029. The growth of the medical polymer market is fueled by several key factors. Technological advancements, especially in areas like 3D printing and nanotechnology, have expanded the possibilities for medical polymer applications. Increasing awareness about infection control and patient safety has led to the development of antimicrobial and biocompatible polymers. Moreover, the trend towards personalized medicine and minimally invasive procedures drives the demand for specialized polymers that offer precise properties. Additionally, environmental concerns are pushing the industry towards bio-based and sustainable polymers, further driving market growth. ...... Read More	May 10, 2024
Quantum Dot Industry worth $23.9 billion by 2029 According to a research report "Quantum Dot Market by Material (Cadmium-based Quantum Dots, Cadmium-free Quantum Dots), Product (Displays, Lasers, Solar Cells/Modules, Medical Devices, Photodetectors/Sensors, LED Products), Display, Vertical and Region - Global Forecast to 2029" The Quantum Dot Industry Size is expected to reach USD 23.9 billion by 2029 from USD 10.6 billion in 2024, at a CAGR of 17.7% during the 2024–2029 period. The major factors driving the growth of the quantum dot industry include the increasing integration of quantum dots in solar cells and surging adoption of quantum dots in image sensors. ...... Read More	May 10, 2024
Vendor Neutral Archive (VNA) & PACS Market worth $7.3 billion by 2029 The report "Vendor Neutral Archive (VNA) & PACS Market by Product Type (Department, Multi-department, Multi-Site), Modality (CT, MRI, X-rays, Ultrasound, Mammo, PET), Application (Cardio, Onco, Neuro), End User (Hospital, ASC, Diag center) & Region - Global Forecast to 2029", is projected to reach USD 7.3 billion by 2029 from USD 4.6 billion in 2024, at a CAGR of 9.5%. ...... Read More	May 10, 2024
Ground Support Equipment Industry worth $7.4 billion by 2029 The report "Ground Support Equipment Industry by Platform (Commercial, Military), Point of Sale (Equipment, Maintenance), Type (Mobile, Fixed), Autonomy (Manned, Remotely Operated, Autonomous), Power Source, Ownership and Regions - Global Forecast to 2029" The Ground Support Equipment Industry is estimated to be USD 6.1 billion in 2024 and is projected to reach USD 7.4 billion by 2029, at a CAGR of 3.9% from 2024 to 2029. Environmental concerns and sustainability initiatives are increasingly shaping decision-making processes within the aviation industry, prompting airports to invest in eco-friendly ground support equipment (GSE) as part of their broader efforts to reduce carbon emissions and mitigate their environmental impact. ...... Read More	May 10, 2024
Silicone Market worth $31.5 billion by 2029 The report "Silicone Market by Type (Elastomers, Resins, Fluids, Gels), End-Use Industry (Industrial Process, Building & Construction, Personal Care & Consumer Products, Transportation, Electronics, Medical & Healthcare, Energy), & Region - Global Forecast to 2029", size is projected to grow from USD 21.5 billion in 2024 to USD 31.5 billion by 2029, at a CAGR of 8.0% during the forecast period. ...... Read More	May 9, 2024
Digital X-ray Market worth $6.6 billion by 2029 The report "Digital X-ray Market by Portability (Fixed, Portable), Applications (Orthopedic, Dental, Diagnostic, Cancer, Pediatric), Technology (Direct, Computed), System (Retrofit, New), End Users, Price Range, Type, and Region - Global Forecast to 2029", is projected to reach USD 6.6 billion by 2029 from USD 5.4 billion in 2024, at a CAGR of 4.0% from 2024 to 2029. The major factors driving the growth of this market include digital X-ray systems offering numerous advantages over traditional film-based methods, including faster image acquisition, lower radiation exposure, and enhanced image quality. Additionally, the integration of advanced technologies such as artificial intelligence (AI) and machine learning in digital X-ray systems has enabled automation of tasks like image analysis and interpretation, improving diagnostic accuracy and efficiency. ...... Read More	May 9, 2024
Physical Security Information Management (PSIM) Industry worth $4.3 billion by 2029 According to a research report "Physical Security Information Management (PSIM) Market by Offering (Software and Services), Software Type, Deployment Mode, Organization Size, Vertical (BFSI, IT & ITES, and Healthcare) and Region - Global Forecast to 2029" published by MarketsandMarkets, the global physical security information management (PSIM) market size is projected to grow from USD 3.5 billion in 2024 to USD 4.3 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 4.6% during the forecast period. The integration of cloud-based solutions and advanced technologies like AI, ML, and blockchain has propelled the rapid growth of PSIM adoption. Cloud-based PSIM solutions offer remote accessibility and cost reductions, while AI, ML, and blockchain integration automate processes, enhance threat detection, and secure data exchange. These combined advancements in PSIM systems cater to organizations' demands for scalable, cost-effective, and efficient security solutions, driving significant expansion in the PSIM market. ...... Read More	May 9, 2024
Electronic Skin Patch Industry worth $27.0 billion by 2029 The report "Electronic Skin Patch Market by Type (Monitoring & Diagnostic, Therapeutic), Wireless Connectivity (Connected, Non-connected), Application (Diabetes Management, Cardiovascular Monitoring, Temperature Sensing), End User and Region - Global Forecast to 2029" The Electronic Skin Patch industry size is projected to grow from USD 15.0 billion in 2024 and is estimated to reach USD 27.0 billion by 2029; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 12.5% from 2024 to 2029. The growth of the electronic skin patch industry is driven by the rising cases of chronic diseases, growing emphasis on improving accuracy of health monitoring patches, Growing awareness about early disease detection. ...... Read More	May 9, 2024
Car as a Connected Living Ecosystem worth $1.5 trillion by 2035 According to a research report "Car as a Connected Living Ecosystem - Global Forecast to 2035" published by MarketsandMarkets, automotive OEMs can earn up to $1,600 per vehicle annually from digitally connected living services offered through the car. The total market for connected living services is estimated to grow from $8 billion in 2023 to more than $1.5 trillion by 2035 at the CAGR of 54.5%. ...... Read More	May 9, 2024
Synthetic Natural Gas Market worth $68.4 billion by 2029 According to a research report "Synthetic Natural Gas Market by Source (Coal, Biomass, Renewable Energy), Technology (Anaerobic Digestion & Fermentation, Thermal Gasification, Power to Gas, Fluidized bed gasifier, Entrained flow gasifier), Application & Region - Global Forecast to 2029" published by MarketsandMarkets, the global Synthetic Natural Gas Market is projected to reach USD 68.4 billion by 2029 from an estimated USD 23.9 billion in 2024, at a CAGR of 23.4% during the forecast period. ...... Read More	May 9, 2024
Operational Technology (OT) Security Industry worth $44.9 billion by 2029 According to a research report "Operational Technology (OT) Security Market by Offering (Solutions & Services), Deployment Mode (On-premises & Cloud), Organization Size (SMEs & Large Enterprises), Vertical (Manufacturing, Oil & Gas, Others), End User & Region - Global Forecast to 2029" published by MarketsandMarkets, the Operational Technology (OT) Security market is expected to grow from USD 20.7 billion in 2024, to USD 44.9 billion by 2029, at a compound annual growth rate (CAGR) of 16.8% during the forecast period. The escalating reliance on Operational Technology (OT) in vital infrastructure underscores the urgency for robust security measures. Unlike Information Technology (IT), OT systems oversee real-time physical processes, rendering them vulnerable to disruptions and attacks. This overview primes a thorough examination of OT security, encompassing its definition, significance, and evolving threat landscape. It delves into critical concepts like attack vectors, threat actors, and security controls while tackling challenges such as system heterogeneity and limited security expertise. Moreover, it delineates prevailing and emerging OT security solutions, encompassing frameworks, products, services, and best practices. SIEM for OT, asset discovery and management, network security, vulnerability management, IAM, and data security are vital components tailored to address OT environments' evolving cyber threats, enhancing overall security posture. ...... Read More	May 8, 2024
UAV (Drone) Industry worth $48.5 billion by 2029 The report "UAV (Drone) Market by Type (Fixed Wing, Rotary Wing, Hybrid), Platform (Civil & Commercial, and Defense & Government), Point of Sale, Systems, Function, Industry, Application, Mode of Operation, MTOW, Range and Region - Global Forecast to 2029" The UAV (Drone) industry is estimated to be USD 30.2 billion in 2024 and is projected to reach USD 48.5 billion by 2029, at a CAGR of 9.9% from 2024 to 2029. The primary impetus for the expansion of the Unmanned Aerial Vehicle (UAV) market stems from robust business demand and rapid technological innovation. Key factors include the adaptation of UAVs for enterprise solutions, such as inventory management and precision agriculture, coupled with significant advancements in robotics and telemetry. The development of regulatory frameworks that facilitate commercial UAV operations has enabled broader adoption, enhancing market penetration. Additionally, the integration of UAVs with next-generation wireless technologies, such as 5G, is catalyzing new use cases in logistics and urban mobility, further driving market growth. ...... Read More	May 8, 2024
Metalworking Fluids Market worth $14.7 billion by 2029 The report "Metalworking Fluids Market by Type (Straight Oils, Soluble Oils, Semi-synthetic Fluids, Synthetic Fluids), Product Type (Removal Fluid, Protecting Fluids, Forming Fluids, Treating Fluids), End-use Industry - Global Forecast to 2029", size was USD 12.2 billion in 2024 and is projected to reach USD 14.7 billion by 2029, at a CAGR of 3.7%, between 2024 and 2029. ...... Read More	May 8, 2024
Liquid Biopsy Industry worth $11.3 billion by 2029, with a CAGR of 11.9% The report "Liquid Biopsy Market by Product & Service (Kits, Instruments), Circulating Biomarker (CTC, ctDNA, cfDNA), Technology (NGS, PCR), Application (Cancer (Lung, Breast, Prostate), Non-cancer (NIPT, Infectious)), Sample Type (Blood) - Global Forecast to 2029", is valued at an estimated USD 6.4 billion in 2024 and is projected to reach USD 11.3 billion by 2029 at a CAGR of 11.9% during the forecast period. ...... Read More	May 8, 2024
Mercury Analyzer Industry worth $426 million by 2029 The report "Mercury Analyzer Market by Type (Cold Vapor Atomic Absorption and Cold Vapor Atomic Fluorescence), Monitoring Type (Continuous and Lab), End-Use Industry (Environmental Monitoring, Food Industry) and Region - Global Forecast to 2029" The mercury analyzer market is expected to grow from USD 310 million in 2024 to USD 426 million by 2029, at a CAGR of 6.6% during the forecast period. The implementation of stringent regulations by governments and environmental agencies to monitor and limit mercury emissions and growing awareness about the harmful effects of mercury pollution on human health and the environment are significant factors. Furthermore, increasing industrialization and urbanization in emerging economies, coupled with the emerging application of mercury analyzers in the research field, generates opportunities for market growth. ...... Read More	May 8, 2024

Home › Press Releases

Press Releases

How can we help you?