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Home › Press Releases
Press Releases
Title | Date |
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Plant Growth Regulators Industry worth $4.6 billion by 2029According to a research report "Plant Growth Regulators Market by Type (Auxins, Cytokinins, Gibberellins, And Ethylene), Function (Plant Growth Promoters, And Plant Growth Inhibitors), Crop Type (Cereals, Oilseeds Fruits, Turfs), Formulation and Region - Global Forecast to 2029" published by MarketsandMarkets, the global market for plant growth regulators is estimated at USD 3.3 billion in 2024 and is projected to reach USD 4.6 billion by 2029, at a CAGR of 7.2% during the forecast period. There is a growing emphasis on sustainable agricultural practices, including organic farming, which has further fueled the demand for plant growth regulators. These regulators help optimize plant growth while minimizing environmental impact, aligning with sustainability goals. Moreover, the market is influenced by technological advancements in agriculture, leading to the development of innovative products and formulations that enhance the effectiveness of plant growth regulators. Factors such as increasing awareness about the benefits of plant growth regulators, expansion of the agriculture industry, and government initiatives supporting agricultural development also contribute to market growth. Overall, the combination of these drivers is propelling the expansion of the plant growth regulators market worldwide. ...... Read More |
April 23, 2024 |
Laboratory Filtration Market worth $6.1 billion by 2029The report "Laboratory Filtration Market by Product (Filters [Membrane Filter, Depth Filter], Media, Assemblies, Accessories), Material (PES, PVDF, Nylon, PTFE), Technique (Ultrafiltration, Microfiltration, Nanofiltration, Reverse Osmosis) – Global Forecast to 2029", global laboratory filtration market is projected to reach USD 6.1 billion by 2029 from USD 4.1 billion in 2024, sat a CAGR of 8.3% during the forecast period of 2024 to 2029. Some factors contributing to the growth of the global market include rising R&D spending in pharmaceutical and biotechnology industries, growing adoption of membrane filtration, increasing demand for single-use filtration products, stringent regulatory requirements. Despite this, concerns related to membrane fouling, and contamination risks and need to preserve product integrity are expected to hinder market growth. ...... Read More |
April 23, 2024 |
Farm Management Software Industry worth $5.8 billion by 2029According to a research report "Farm Management Software Market by Application (Precision Farming, Livestock, Aquaculture, Forestry, Smart Greenhouses), Offering (On-cloud, On-premise, Data Analytics Services), Farm Size, Farm Production and Region - Global Forecast to 2029" The Farm Management Software Industry size is projected to reach from USD 3.4 billion in 2024 to USD 5.8 billion by 2029; it is expected to grow at a CAGR of 11.0% from 2024 to 2029. The adoption of farm management software enables farmers to embrace sustainable farming practices by optimizing input utilization, minimizing waste, and enhancing soil health. This becomes particularly crucial in response to heightened consumer demands for sustainable food production practices. ...... Read More |
April 23, 2024 |
Edge Computing Industry worth $110.6 billion by 2029According to a research report "Edge Computing Market by Hardware (Server, Gateway, Sensor), Software (Data, Device, Network, Application Management), Applications (Real-time data processing, Predictive Maintenance, IoT Data Utilization, Remote Monitoring) - Global Forecast to 2029" published by MarketsandMarkets, the Edge computing market size is expected to grow from USD 60.0 billion in 2024 to USD 110.6 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 13.0% during the forecast period. As the Internet of Things (IoT) gains wider acceptance, numerous sectors are embracing this technology to harness real-time data for improved decision-making. While the influence of IoT is widely acknowledged in fields like retail and healthcare, it is now significantly transforming industries requiring innovation, including manufacturing, transportation & logistics, energy & utilities, food and beverage, and waste management. In conjunction with IoT, Edge Computing offers organizations a resilient framework for instantaneously analyzing crucial data, ushering in a new era of efficiency and agility. ...... Read More |
April 23, 2024 |
3D Printing Industry worth $37.4 billion by 2029The report "3D Printing Market by Offering (Printer, Material, Software, Services), Technology (Fused Deposition Modelling, Stereolithography), Process (Powder Bed Fusion, Material Extrusion, Binder Jetting), Application, Vertical & Region - Global Forecast to 2029" The 3D Printing industry is projected to grow from USD 17.5 billion in 2024 and is estimated to reach USD 37.4 billion by 2029; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 16.4% from 2024 to 2029. The growth of the 3D Printing industry is driven by ease in the advancement of customized products; reduction in manufacturing cost and process downtime; global government investment in 3D printing projects; availability of wide variety of industrial-grade 3D printing materials; complex part manufacturing in the aerospace & defense sector. ...... Read More |
April 22, 2024 |
Digital Asset Management Industry worth $10.3 billion by 2029According to a research report "Digital Asset Management Market by Business Function (Marketing & Advertising, Finance & Accounting, Sales & Distribution, IT & Operations, HR), Solutions (On-premises, Cloud), Vertical (BFSI, Retail, Government, Manufacturing) - Global Forecast to 2029" published by MarketsandMarkets, the Digital Asset Management Market is expected to grow from USD 5.3 billion in 2024 to USD 10.3 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 14.0% during the forecast period. The growing number of digital assets across industries will boost the growth of the digital asset management market during the forecast period. ...... Read More |
April 22, 2024 |
Future of EV Batteries Market worth 62 million units by 2035According to a research report "Future of EV Batteries Market by Type (Li-ion, Na-ion, Solid state, Li- Air), Vehicle Type (Passenger Cars, Commercial Vehicles, Off-Road Vehicles), Battery Form (Prismatic, Pouch, Cylindrical), Packaging (CTM, CTP, CTC, MTC) & Region - Global Forecast 2035" published by MarketsandMarkets, the global future of EV batteries market is projected to grow from 16 million units in 2024 to 62 million units by 2035, at a CAGR of 12.7%. ...... Read More |
April 22, 2024 |
Polyethyleneimine Market worth $497 million by 2029The report "Polyethyleneimine Market by Type (Branched, Linear), Application (Detergents, Adhesives and Sealants, Water Treatment Chemicals, Cosmetics, Paper, Coatings, Inks, and Dyes), and Region - Global Forecast to 2029", is projected to reach a market size of USD 497 million by 2029 from USD 479 million in 2024, at a CAGR of 0.8%. Asia pacific is the one of the largest markets for polyethyleneimine. The demand for polyethyleneimine is increasing in the adhesive and sealants, detergents, water treatment chemicals, and cosmetics. The demand from emerging nations, such as China, India, Mexico, Indonesia, and Brazil are expected to drive the global polyethyleneimine market. ...... Read More |
April 22, 2024 |
Solid Biomass Feedstock Industry worth $36.2 billion by 2029According to a research report "Solid Biomass Feedstock Market by Source (Agriculture, Forest, Municipal), Type (Chips, Pellets, Briquettes), Application (Electricity, Heat, Biofuel), End User (Residential & Commercial, Industrial, Utilities) & Region - Global Forecast to 2029" published by MarketsandMarkets, the global solid biomass feedstock market is projected to reach USD 36.2 billion by 2029 from an estimated USD 26.6 billion in 2024, at a CAGR of 6.3% during the forecast period. Solid biomass feedstock refers to organic materials which are in solid state sourced from different sources such as agriculture, forestry, and organic waste, which can be utilized for energy production via combustion, gasification, or other conversion methods. These resources, are renewable and easily accessible, rendering them crucial for generating heat, electricity, and biofuels. Solid biomass feedstock serves as a cornerstone in the shift toward sustainable energy systems, providing a carbon-neutral substitute for fossil fuels and mitigating greenhouse gas emissions. ...... Read More |
April 19, 2024 |
Blowing Agent Market worth $2.3 billion by 2029The report "Blowing Agent Market by Chemistry, Foaming Process, Type (Hydrochlorofluorocarbons (HCFC), Hydrofluorocarbons (HFCS), Hydrocarbons (HCS)), Foam (Polystyrene Foam, Phenolic Foam, Polyolefin Foam), and Region - Global Forecast to 2029", is projected to reach USD 2.3 billion by 2029, at a CAGR of 5.5% from USD 1.8 billion in 2024. ...... Read More |
April 19, 2024 |
Risk Analytics Industry worth $180.9 billion by 2029According to a research report "Risk Analytics Market by Software (ETL Tools, Risk Calculation Engines, GRC, Risk Reporting, Dashboard Analytics, Visualization) Risk Type (Strategic, Political, Operational, Financial, Regulatory, Environmental, Governance) - Global Forecast to 2029" published by MarketsandMarkets, the market for risk analytics is estimated to grow from USD 59.7 billion in 2024 to USD 180.9 billion in 2029, at a CAGR of 24.8% during the forecast period. Several trends fuel the global spread of Risk Analytics. Increasingly Increasing Data Complexity, Rising Cybersecurity Threats and Rising Adoption of Cloud-Based Solutions A growing talent pool of data scientists and engineers is building the necessary tools and infrastructure. Governments are recognizing the potential of risk analytics for economic growth and are investing in research and development. These trends make DI more accessible and valuable, leading to its global adoption. ...... Read More |
April 19, 2024 |
Sterilization Equipment Market worth $24.7 billion by 2029The report "Sterilization Equipment Market by Product (Instruments, Accessories (Pouches, Lubricants)), Services (Off-site, On-site), Technology (Heat (Steam, Dry), Low- temperature (H2O2, EtO, CH2O), Radiation (E-beam, Gamma, X-Ray)) - Global Forecast to 2029", is projected to reach USD 24.7 billion by 2029 from USD 16.8 billion in 2024, at a CAGR of 7.9% during the forecast period. The expanding number of surgical procedures, the rising prevalence of hospital-acquired illnesses, and the increased emphasis on food sterilisation and disinfection are driving the sterilisation equipment market. The growing prevalence of E-beam sterilisation along with the rising number of pharmaceutical and medical device companies in emerging nations present the sterilisation equipment market with profitable growth prospects. ...... Read More |
April 19, 2024 |
VSaaS Industry worth $10.7 billion by 2029The report "VSaaS Market by Type (Hosted, Managed, Hybrid), Feature (AI-enabled VSaaS, Non-AI VSaaS), AI Visual Analysis (Object Detection & Recognition, Intrusion Detection, Facial Recognition, Anomaly Detection), Vertical & Region - Global Forecast to 2029" The global VSaaS market is expected to be valued at USD 5.0 billion in 2024 and is projected to reach USD 10.7 billion by 2029; it is expected to grow at a CAGR of 16.1% from 2024 to 2029. The scalability and flexibility offered by VSaaS solutions enable businesses to expand their surveillance systems as needed, making it an attractive option for organizations of all sizes and industries seeking to enhance security and operational efficiency. ...... Read More |
April 18, 2024 |
Unmanned Underwater Vehicles Industry worth $11.1 billion by 2030The report "Unmanned Underwater Vehicles Market by Type (Autonomous Underwater Vehicles (AUVs), Remotely Operated Vehicles (ROVs)), Product Type), Propulsion, Application, System, Speed, Shape, Depth and Region - Global Forecast to 2030" The market is valued at USD 4.8 billion in 2024 and is projected to reach USD 11.1 billion by 2030, at a CAGR of 15.0% from 2024 to 2030. The Unmanned Underwater Vehicles market is driven by the increasing technological advancement, increasing naval spending and increasing demand for UUVs for various commercial and defense applications. The increasing need of UUVs for oceanographic research, offshore oil and gas exploration, underwater infrastructure inspection, and maritime security is driving the market growth. ...... Read More |
April 18, 2024 |
Flame Retardant Market for Engineering Resins Market worth $2.9 billion by 2029The report "Flame Retardant Market for Engineering Resins Market by Type (Brominated, Phosphorous), Application (Polyamide, ABS, PET & PBT, PC/ABS Blends), End-use Industries (Electrical & Electronics, Automotive & Transportation) & Region - Global Forecast to 2029", size is USD 2.0 billion in 2024 to USD 2.9 billion by 2029, at a CAGR of 7.6% from 2024 to 2029. ...... Read More |
April 18, 2024 |
Robotic Palletizer Industry worth $1.9 billion by 2029The report "Robotic Palletizer Market by Component (Robotic Arm, End-of-Arm Tooling, Control System), Robot Type (Traditional Robots, Collaborative Robots), Application (Bags, Boxes & Cases, Pails & Drums), End-use Industry and Region - Global Forecast to 2029" The robotic palletizer market is projected to grow from USD 1.4 billion in 2024 and is expected to reach USD 1.9 billion by 2029, growing at a CAGR of 5.9% from 2024 to 2029. Rising awareness towards workplace safety and reducing the risk of work-related injuries to drive the market. Robotic palletizers significantly enhance workplace safety and reduce the risk of work-related injuries and associated costs. By automating repetitive tasks like palletizing, businesses can redeploy their human workforce to higher-value activities that require human skills like problem-solving, critical thinking, and customer interaction. This allows them to optimize their workforce and leverage human capabilities more effectively. ...... Read More |
April 18, 2024 |
Sulphur Pastilles Market worth $1.6 billion by 2028The report "Sulphur Pastilles Market by Type (Sulphur 90%, Sulphur 85%), Process (Prilling/Pelletizing, Extrusion), Application (Agriculture, Chemical Processing, Rubber Processing, Pharmaceuticals), and Region - Global Forecast to 2028", size was USD 1.4 billion in 2023 and is projected to reach USD 1.6 billion by 2028 at a CAGR of 3.2% between 2023 and 2028. The shift towards sustainable agriculture, where sulphur pastilles serve as essential soil amendments to improve soil health and crop productivity. Additionally, the market is fueled by the increasing demand for sulphuric acid production, as sulphur pastilles are a crucial feedstock. However, challenges such as limited solubility may hinder their effectiveness in specific applications. Nonetheless, favorable regulatory changes promoting sustainable agricultural practices and environmental protection present significant opportunities for market growth. These changes may include incentives for using sulphur-based fertilizers and stricter regulations on chemical usage, further driving demand for sulphur pastilles in various industries. Overall, the sulphur pastilles market is shaped by a complex interplay of drivers, challenges, and opportunities, with sustainability and regulatory factors playing a significant role in its evolution. ...... Read More |
April 17, 2024 |
eFuse Market worth $881 Million by 2035According to a research report "eFuse Market by Type (Auto Retry, Latched), Package Type (Small Outline No Lead, Dual Flat No Leads, Quad Flat No Leads, Think Shrink Small Outline Package), Application, End User (Automotive, Aerospace, Healthcare, IT) & Region - Global Forecast to 2035" published by MarketsandMarkets, the global eFuse market is expected to grow from USD 538 million in 2023 to USD 703 million by 2030, at a CAGR of 4.6%. Further, market is projected to reach USD 881 million by 2035, at a CAGR of 4.6% from 2030. ...... Read More |
April 17, 2024 |
Patient Monitoring Devices Market worth $71.1 billion by 2029The report "Patient Monitoring Devices Market by Product (Cardiac monitoring devices, Pulse Oximeter, Spirometer, Fetal Monitor, Temperature Monitor, blood pressure monitors, ECG, ICP, weight Monitoring), User, Customer Unmet Needs- Global Forecast to 2029", is projected to reach USD 71.1 billion by 2029 from USD 48.5 billion in 2024, growing at a CAGR of 8.0% during the forecast period. The expansion of the patient monitoring market is propelled by several synergistic factors, including increasing demand for wireless monitoring solutions, biosensors, the presence of key market players in developing regions, rising public-private investments to support for the clinical research, increasing geriatric patient population, and escalating chronic disorder prevalence. ...... Read More |
April 17, 2024 |
Hyperspectral Imaging Systems Industry worth $1,535 million by 2029The report "Hyperspectral Imaging Systems Market by Offering (Cameras, System Integrator, Service Provider), Technology (Pushbroom, Snapshot, Tunable Filter, Imaging FTIR, Whiskbroom), Wavelength and Region - Global Forecast to 2029" The hyperspectral imaging systems market is expected to be valued at USD 847 million in 2024 and is projected to reach USD 1,535 million by 2029; and is expected to grow at a CAGR of 12.6% during the forecast period. Development of more affordable, portable, and user-friendly hyperspectral imaging systems, and increasing funding for R&D focused on enhancing the analytical capabilities of hyperspectral imaging technologies are some of the key drivers fueling the expansion of the hyperspectral imaging systems market. Restraints such as needing specialized expertise and meeting regulatory compliance hinder market growth. However, factors such as the ongoing miniaturization of sensors enabling deployment in handheld and airborne platforms and growing industry collaborations provide lucrative opportunities for market players in coming years. ...... Read More |
April 17, 2024 |
Combined Heat and Power Market worth $39.2 billion by 2029According to a research report "Combined Heat and Power Market by Prime Mover (Gas Turbine, Steam Turbine, Reciprocating Engine, Fuel Cell, Microturbine), Capacity (Up to 10 MW, 10-150 MW, 151-300 MW, Above 300 MW), Fuel, End User and Region - Global Forecast to 2029" published by MarketsandMarkets, the Combined heat and power market is projected to reach USD 39.2 billion by 2029 from an estimated USD 30.4 billion in 2024, at a CAGR of 5.2% during the forecast period. ...... Read More |
April 17, 2024 |
Asset Integrity Management Industry worth $31.5 billion by 2029The report "Asset Integrity Management Market by Service Type (NDT, Risk-based Inspection, Corrosion Management, Pipeline Integrity, Hazard Identification, Structural Integrity Management, Reliability Availability and Maintainability) - Global Forecast to 2029" The global asset integrity management market is expected to be valued at USD 23.9 billion in 2024 and is projected to reach USD 31.5 billion by 2029; it is expected to grow at a CAGR of 5.7% from 2024 to 2029. The asset integrity management market is driven by driven by regulatory compliance, technological advancements, and sector-specific demands. ...... Read More |
April 16, 2024 |
Functional Food Ingredients Industry worth $165.8 billion by 2029According to a research report "Functional Food Ingredients Market by Type (Probiotics, Protein & Amino Acids, Phytochemicals & Plant Extracts, Prebiotics, Omega-3 Fatty Acids, Carotenoids, Vitamins), Application, Source, Form, Health Benefits and Region - Global Forecast to 2029" published by MarketsandMarkets, the global functional food ingredients market, valued at USD 119.2 billion in 2024, showcases a remarkable growth projection, anticipated to escalate to USD 165.8 billion by 2029, indicating a robust compound annual growth rate (CAGR) of 6.8% during the forecast period. ...... Read More |
April 16, 2024 |
Diesel Generator Market worth $23.4 billion by 2029According to a research report "Diesel Generator Market by Application (Standby Power, Peak Shaving, Prime & Continuous Power), End-User (Commercial, Industrial, Residential), Design (Stationary, Portable), Power Rating & Region - Global Forecast to 2029" published by MarketsandMarkets, the diesel generator market is forecast to reach USD 23.4 billion by 2029 from an estimated USD 17.9 billion in 2024, at a CAGR of 5.4% during the forecast period (2024-2029). ...... Read More |
April 16, 2024 |
Bioplastics & Biopolymers Market worth $45.2 billion by 2029The report "Bioplastics & Biopolymers Market by Product Type (Biodegradable, Non-Biodegradable/ Bio-Based), End-Use Industry (Packaging, Consumer Goods, Textiles, Agriculture & Horticulture, AnT, Coatings & Adhesives), & Region- Global Forecast to 2029", was USD 15.3 billion in 2024 and is projected to reach USD 45.2 billion by 2029, at a CAGR of 24.2%, between 2024 and 2029 ...... Read More |
April 16, 2024 |
Human Identification Market worth $1.3 billion by 2029The report "Human Identification Market by Product (Consumables (Kits & Reagents), Instruments, Software), Technology (PCR, Capillary Electrophoresis, Microarrays, NGS, Rapid DNA), Application (Forensics, Paternity Testing), End User - Global Forecasts to 2029", is valued at an estimated USD 0.8 billion in 2024 and is projected to reach USD 1.3 billion by 2029 at a CAGR of 10.7% during the forecast period. ...... Read More |
April 16, 2024 |
Progressing Cavity Pump Market worth $3.6 billion by 2029According to a research report "Progressing Cavity Pump Market by Power Rating (Up To 50 Hp, 51–150 Hp, Above 150 Hp), Pumping Capacity, End-User (Oil & Gas, Water & Wastewater Treatment, Food & Beverage, Food Waste, Biogas, Battery Recycling) and Region - Global Forecast to 2029" published by MarketsandMarkets, the Progressing cavity pump market is anticipated to witness a significant expansion, with the market size projected to reach approximately USD 3.6 billion by 2029, showcasing a Compound Annual Growth Rate (CAGR) of 5.0% from the estimated value of USD 2.8 billion in 2024. The global market for progressing cavity pumps is indeed witnessing substantial growth, propelled by a multitude of factors that extend its influence across the world. Foremost among these drivers is the ongoing industrialization and urban expansion in emerging economies, which create a burgeoning demand for efficient fluid handling solutions across various sectors. This demand is particularly pronounced in industries such as oil and gas, water and wastewater treatment, food and beverage, chemicals, and mining, where progressing cavity pumps find extensive application due to their versatility and reliability. Additionally, the tightening of environmental regulations and increased emphasis on workplace safety are compelling industries worldwide to invest in advanced pumping technologies like progressing cavity pumps. These pumps not only offer superior performance but also boast environmental sustainability features, aligning with the global trend towards greener and more efficient industrial practices. ...... Read More |
April 15, 2024 |
Sodium-Ion Battery Market worth $1.2 billion by 2028The report "Sodium-Ion Battery Market by Battery Type (Sodium-Sulfur, and Sodium-Salt), Technology Type (Aqueous and Non-Aqueous), End-Use (Energy Storage, Automotive, and Industrial), and Region (Asia Pacific, Europe, and North America) - Global Forecast to 2028", is projected to grow from USD 0.5 billion in 2023 to USD 1.2 billion by 2028, at a CAGR of 21.5% during the forecast period. The market is expected to grow, fueled by their affordability compared to lithium-ion batteries. This makes them perfect for large-scale energy storage, especially with renewables like wind and solar needing solutions for fluctuating power. Their reliance on common sodium positions them as a more sustainable option, pushing the market forward due to the global focus on reducing our environmental impact. ...... Read More |
April 15, 2024 |
Arc-based Plasma Lighting Industry worth $676 million by 2029The report "Arc-based Plasma Lighting Market by Light Source (Xenon Arc Lamps, Metal Halide Lamps, Deuterium Lamps, Krypton Arc Lamps, Mercury Vapor Lamps), Wattage Type (Below 500 W, 501 to 1500 W, Above 1500 W), Application and Region - Global Forecast to 2029" The global arc-based plasma lighting industry size is projected to grow from USD 616 million in 2024 to USD 676 million by 2029, registering a CAGR of 1.9% during the forecast period.The global arc-based plasma lighting market is driven by several significant factors. Its superior light quality and ability to closely replicate natural sunlight make it highly attractive for a variety of applications, including automotive lighting, cinema projection, spectroscopy, UV applications and searchlight & spotlight. Technological advancements leading to enhanced performance characteristics, such as spectral control and brightness, further stimulate market expansion and innovation. Additionally, the versatility of plasma lighting systems and their capability to operate effectively in challenging environments create opportunities for diverse applications across various sectors, fostering global market growth. ...... Read More |
April 15, 2024 |
Electric Coolant Pump Market worth $3.9 billion by 2030According to a research report "Electric Coolant Pump Market by Type (Sealed, Sealless), Sealless (Electrical, Magnetic), Power Output (<150W, 150-200 W, >250 W), 48V & Electric Vehicle Type, Communication Interface (LIN, CAN, PWM), Application and Region - Global Forecast to 2030" published by MarketsandMarkets, the electric coolant pump market is projected to grow from USD 1.9 billion in 2024 to USD 3.9 billion by 2030 at a CAGR of 12.8% during the forecast period. ...... Read More |
April 15, 2024 |
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