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Title	Date
Solid State Cooling Industry worth $1.5 billion by 2029 The report "Solid State Cooling Market by Product (Refrigerators, Freezers, Air Conditioners, Chillers, Coolers), Type (Single-stage, Multi-stage, Thermocycler), Technology (Thermoelectric, Electrocaloric, Magnetocaloric), Vertical, Region - Global Forecast to 2029" The global solid state cooling industry size is expected to be valued at USD 0.8 billion in 2024 and is projected to reach USD 1.5 billion by 2029; it is expected to grow at a CAGR of 13.6% from 2024 to 2029. As companies and consumers seek innovative and sustainable cooling solutions, the solid state cooling market continues to expand, driven by the need for more efficient thermal management solutions in an increasingly interconnected and energy-conscious world. ...... Read More	March 27, 2024
ADAS Market worth 655 million Units by 2030 According to a research report "ADAS Market by Offering (Hardware (Camera, Radar, LiDAR, Ultrasonic, ECU), Software (Middleware, Application Software & OS)), System Type, Vehicle Type (PC, LCV, HCV), Level of Autonomy, Vehicle Class, EV type and Region - Global Forecast to 2030" published by MarketsandMarkets, the global ADAS market size is projected to grow from 334 Million Units in 2024 to 655 Million Units by 2030, at a CAGR of 11.9%. The increasing demand for electric and autonomous vehicles is expected to increase the demand for ADAS. Additionally, continuous innovation in connected car features will boost the demand for ADAS. ...... Read More	March 27, 2024
In Vitro Diagnostics Market worth $119.4 billion by 2029 The report "In Vitro Diagnostics Market by Product & Service (Instruments, Kits, Software), Technology (Immunoassay, Hematology, Urinalysis), Specimen (Blood, Saliva), Test Type, Application (Oncology, Autoimmune, CVD, Infectious Diseases) - Global Forecast to 2029", is projected to reach USD 119.4 billion by 2029 from USD 85.2 billion in 2024, at a CAGR of 6.9% during the forecast period. Growth in the IVD market is mainly driven by the growing awareness of early diasease diagnosis, emergence of rapid PoC technologies, and rising adoption of automated analyzers. Introduction of disease-specific biomarkers and tests, and growth opportunities in emerging economies also contribute to the growth of the IVD market. However, an unfavorable reimbursement scenario is expected to restrain the growth of this market during the forecast period. ...... Read More	March 27, 2024
Image Recognition Industry worth $98.6 billion by 2029 According to a research report "Image Recognition Market by Offering (Hardware, Software, Service), Technology (QR/barcode, Digital Image Processing, Facial Recognition), Application (Scanning & Imaging, Security & Surveillance, Image Search, Augmented Reality) - Global Forecast to 2029" published by MarketsandMarkets, the global image recognition market will grow from USD 46.7 billion in 2024 to USD 98.6 billion by 2029 at a compounded annual growth rate (CAGR) of 16.1% during the forecast period. ...... Read More	March 27, 2024
Cell Culture Market worth $57.9 billion by 2029 The report "Cell Culture Market by Product (Consumables (Media, Sera, Reagents), Vessels (Roller Bottle, Cell Factory, Flask), Equipment (SU Bioreactor, Storage, Incubators, Filtration)), Application (mAbs, Vaccines, Regenerative Medicine) - Global Forecast to 2029", is projected to reach USD 57.9 billion by 2029 from an estimated USD 30.9 billion in 2024, at a CAGR of 13.4% during the forecast period of 2024 to 2029. Some of the factors contributing to the growth of the global cell culture market includes increasing fundings and support from government and private organizations for cell-based research, growing popularity for biosimilars and monoclonal antibodies, and growth in advanced therapy medicinal products. However, high cost of cell biology research and limitations in producing high density cell culture are expected to hinder market growth. ...... Read More	March 26, 2024
Enterprise Video Industry worth $35.8 billion by 2029 According to a research report "Enterprise Video Market by Solutions (Video Conferencing, Video Content Management, Webcasting), Application (Corporate communications, Training & Development, Marketing & Client Engagement), Vertical (BFSI, Telecom, Retail) - Global Forecast to 2029" published by MarketsandMarkets, the Enterprise video market size is expected to grow from USD 23.8 billion in 2024 to USD 35.8 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 8.6% during the forecast period. Some crucial driving factors that leverage market growth include enhanced employee engagement and training, globalization and cross-border communication, integration of AI and analytics in video solutions, and demand for personalized customer experiences, among others. ...... Read More	March 26, 2024
Yeast Industry worth $8.5 billion by 2029 According to a research report "Yeast Market by Type (Baker’s Yeast, Brewer’s Yeast, Wine Yeast, Probiotic Yeast), Application (Food, Feed), Form (Fresh, Instant, Active), Genus (Saccharomyces, Kluveromyces), Yeast extract (Qualitative) and Region - Global Forecast to 2029" published by MarketsandMarkets, the global yeast market, estimated to be valued at USD 5.5 billion in 2024, showcases a remarkable growth projection, anticipated to escalate to USD 8.5 billion by 2029, indicating a robust CAGR of 8.9% during the forecast period. The yeast market has experienced significant growth in recent years, driven by the expanding demand for bakery products, alcoholic beverages, and animal feed. With yeast being a crucial ingredient in these sectors, advancements in biotechnology and fermentation processes have enabled manufacturers to produce high-quality yeast strains efficiently. ...... Read More	March 26, 2024
Core Materials Market worth $3.0 billion by 2028 The report "Core Materials Market by Type (Foam, Balsa, and Honeycomb), End- use Industry (Wind Energy, Marine, Aerospace & Defense, Automotive & Transportation, Construction & Industrial), and Region - Global Forecast to 2028", size is 1.6 billion in 2023 and is estimated to reach USD 3.0 billion by 2028, at a CAGR of 13.5%, during the forecast period. ...... Read More	March 26, 2024
Optical Transceiver Industry worth $25.0 billion by 2029 According to a research report "Optical Transceiver Market by Form Factor (SFF and SFP; SFP+ and SFP28; XFP; CXP), Data Rate, Wavelength, Fiber Type (Single-mode Fiber; Multimode Fiber), Connector (LC; SC; MPO; and RJ-45), Protocol, Application and Region - Global Forecast to 2029" The optical transceiver industry size is valued at USD 13.6 billion in 2024 and is expected to reach USD 25.0 billion by 2029, growing at a CAGR of 13.0% from 2024 to 2029 The key factors contributing to the growth of the optical transceiver industry include emerging focus on 5G networks, and increasing popularity of bandwidth-intensive applications like virtual reality (VR) and augmented reality (AR). Optical transceivers are uniquely poised to meet the needs of bandwidth-intensive applications such as VR and AR due to their ability to provide high bandwidth and low latency. These devices can efficiently transmit the large volumes of data associated with rendering detailed VR environments or overlaying digital objects onto the real world in AR. ...... Read More	March 26, 2024
Electric Heat Tracing Industry worth $4.34 billion by 2029 The report "Electric Heat Tracing Market by Type (Self-regulating, Constant Wattage, Mineral-insulated), Component (Heat Tracing Cables, Control & Monitoring Systems, Thermal Insulation Materials, Power Connection Kits), Vertical - Global Forecast to 2029" The Electric Heat Tracing industry size is projected to grow from USD 2.96 billion in 2024 to USD 4.34 billion by 2029; it is expected to grow at a CAGR of 7.9% from 2024 to 2029. The market's growth is propelled by a rising inclination towards electric heat tracing systems compared to conventional steam tracing methods. Factors like heightened demand for energy-efficient electric heat tracing systems and cost-effectiveness in terms of maintenance contribute significantly to the overall expansion of the electric heat tracing industry. ...... Read More	March 25, 2024
Recloser Industry worth $1.5 billion by 2030 According to a research report "Recloser Market by Phase (Three-phase, Single-phase, and Triple Single-phase), Control Type (Electronic and Hydraulic), Voltage Rating (Up to 15 kV, 16-27 kV, and 28-38 kV), Insulation Medium (Oil, air, and epoxy) Region - Global Forecast to 2030" published by MarketsandMarkets, the market size for recloser is projected to reach approximately USD 1.5 billion by the year 2030, as compared to the estimated value of USD 1.1 billion in 2024, at a Compound Annual Growth Rate (CAGR) of 5.0% over the forecast period. ...... Read More	March 25, 2024
Smart Factory Industry worth $164.0 billion by 2029 The report "Smart Factory Market size by Component (Industrial Sensors, Industrial Robots, Industrial 3D Printers, Machine Vision Systems), Solution (SCADA, Manufacturing Execution System, Industrial Safety, PAM), Industry and Region - Global Forecast to 2029" The global Smart factory market is expected to grow from USD 100.6 billion in 2024 to USD 164.0 billion by 2029, registering a CAGR of 10.3%. The smart factory market is witnessing strong global growth due to the widespread adoption of Industry 4.0 technologies. The incorporation of automation, IoT, and AI in manufacturing processes is enhancing operational efficiency, reducing expenses, and optimizing production. The increasing demand for intelligent manufacturing solutions is driving the expansion of the smart factory market on a global scale. ...... Read More	March 25, 2024
Cold Chain Industry worth $372.0 billion by 2029 According to a research report "Cold Chain Market by Type, Temperature Type (Chilled, Frozen, and Deep-frozen), Application (Food & Beverages, Pharmaceuticals), Technology( Blast Freezing, Vapor Compression,Programmable Logic Controller) and Region - Global Forecast to 2029" published by MarketsandMarkets, the global cold chain market, valued at USD 228.3 billion in 2024, showcases a remarkable growth projection, anticipated to escalate to USD 372.0 billion by 2029, indicating a robust compound annual growth rate (CAGR) of 10.3% during the forecast period. The growth of the organized retail sector has significantly bolstered the demand for the cold chain market. A report by the Retailers Association of India (RAI) indicates that sales in the organized retail sector surged by 34% in 2022-23 compared to pre-pandemic levels in FY20. This growth was primarily fueled by increased demand in quick-service restaurants, and electronics. Organized retailers, including supermarkets and hypermarkets, require efficient cold chain logistics to preserve perishable goods' quality. This includes fruits, vegetables, bakery, dairy, electronics, and meats. Additionally, changing consumer preferences towards frozen and chilled foods have intensified the need for robust cold chain networks to ensure consistent supply across stores. Stringent food safety regulations further underscore the importance of effective cold chain management in the retail sector. ...... Read More	March 25, 2024
Semiconductor & IC packaging materials Market worth $70.9 billion by 2029 The report "Semiconductor & IC Packaging Materials Market by Type (Organic substrate, Bonding wires, Leadframes, Encapsulation resins, Ceramic packages, Die attach materials, Solder balls), Packaging Technology, End-use industry, and Region - Global Forecast to 2029", is 43.9 billion in 2024 and is projected to reach USD 70.9 billion by 2029, at a CAGR of 10.1%. ...... Read More	March 25, 2024
Aircraft Landing Gears Industry worth $9.1 billion by 2028 The report "Aircraft Landing Gears Industry by Type (Main Landing Gears, Nose Landing Gears), End User (OEM, Aftermarket), Platform (Fixed-wing, Rotary-wing, Unmanned Aerial Vehicles, Advanced Air Mobility), Subsystem and Region - Global Forecast to 2028" The aircraft landing gears industry is estimated to be USD 7.1 billion in 2023, and projected to reach USD 9.1 billion by 2028, at a CAGR of 5.0% from 2023 to 2028. 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 landing gear systems. Growth in the military sector is leading to a higher demand for specialized landing gear. These are among some of the factors that are providing growth for the aircraft landing gears market. ...... Read More	March 22, 2024
Non-meat Ingredients Industry worth $51.1 billion by 2029 According to a research report "Non-meat Ingredients Market by End-Use Applications (Fresh Meat, Processed and Cured Meats, Marinated, Ready-To-Eat Meat Products, Frozen Meat Products, and Convenience Food), Ingredient Type, Ingredient Source, Form and Region - Global Forecast to 2029" published by MarketsandMarkets, the global non-meat ingredients market, valued at USD 41.2 billion in 2024, showcases a remarkable growth projection, anticipated to escalate to USD 51.1 billion by 2029, indicating a robust compound annual growth rate (CAGR) of 4.4% during the forecast period. Non-meat ingredients play a pivotal role in differentiating meat products in a crowded market, providing manufacturers with a palette to craft unique flavors and textures. In the fiercely competitive meat industry, where product differentiation is key, non-meat ingredients offer a pathway to stand out. By leveraging non-meat ingredients, manufacturers can create a diverse range of flavors and textures, elevating their products beyond the standard fare and catering to evolving consumer preferences. ...... Read More	March 22, 2024
Automotive Ceramics Market worth $3.2 billion by 2028 The report "Automotive Ceramics Market by Material (Alumina Oxide, Titanate Oxide, Zirconia Oxide), Vehicle Type (Passenger Vehicle, Commercial Vehicle), Application (Engine Parts, Exhaust Systems, Automotive Electronics), and Region - Global Forecast to 2028", automotive ceramics market is expected to grow at a CAGR of 5.7% during the forecast period, from an estimated USD 2.4 billion in 2023 to USD 3.2 billion by 2028. The automotive ceramics demand is rising as the industry prioritizes lightweight and durable materials to boost fuel efficiency, control emissions, and enhance vehicle performance. The increasing embrace of electric vehicles and stringent environmental standards amplify ceramics pivotal role in crucial components such as exhaust systems, engine parts, and automotive electronics. This drives the overall expansion of the market, emphasizing the significance of ceramics in meeting evolving industry requirements. ...... Read More	March 22, 2024
Microgrid Controller Industry worth $18.7 billion by 2029 The report "Microgrid Controller Market by Connectivity (Grid-connected, Off-grid), Offering (Hardware, Software & Services), End User (Commercial & Industrial, Military, Government, Institutes & Campuses, Healthcare) and Region - Global Forecast to 2029" The microgrid controller industry size is expected to reach USD 18.7 billion by 2029 from USD 6.8 billion in 2024, at a CAGR of 22.6% during the 2024-2029 period. Various companies are investing in microgrid controller which gives an opportunity for growth in the microgrid controller industry. The microgrid controller market is continuously developing, with the presence of multiple players. Americas is likely to contribute significantly to the growth of the microgrid controller industry. Similarly, the Asia Pacific, RoW and Europe regions are expected to be the growing market for the forecasted period. ...... Read More	March 22, 2024
Decision Intelligence Industry worth $50.1 billion by 2030 According to a research report "Decision Intelligence Market by Type (Decision Automation, Decision Augmentation, Decision Support System), Business Function (Marketing & Sales, Finance & Accounting (Financial Planning, Cost Optimization), Operations, R&D) - Global Forecast to 2030" published by MarketsandMarkets, the market for decision intelligence is estimated to grow from USD 13.3 billion in 2024 to USD 50.1 billion in 2030, at a CAGR of 24.7% during the forecast period. Several trends fuel the global spread of Design Intelligence (DI). Increasingly affordable computing power allows complex AI models to run efficiently. Businesses see the value of data-driven insights for improving products, operations, and marketing. A growing talent pool of data scientists and engineers is building the necessary tools and infrastructure. Governments are recognizing the potential of DI 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	March 22, 2024
Organic Fertilizers Industry worth $13.6 billion by 2029 According to a research report "Organic Fertilizers Market by Source (Plant, Animal, Mineral), Form (Dry and Liquid), Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables), and Region - Global Forecast to 2029" published by MarketsandMarkets, the global market for organic fertilizers is estimated at USD 7.9 billion in 2024 and is projected to reach USD 13.6 billion by 2029, at a CAGR of 11.5% during the forecast period. ...... Read More	March 21, 2024
Silicone Elastomers Market worth $12.3 billion by 2029 The report "Silicone Elastomers Market by Type (HTV, RTV, LSR), Process (Extrusion, Liquid Injection Molding, Injection Molding), End-Use Industry (Building & Construction, Electrical & Electronics, Automotive & Transportation), & Region - Global Forecast to 2029", size was USD 8.6 billion in 2024 to USD 12.3 billion by 2029, at a CAGR of 7.4% from 2024 to 2029. ...... Read More	March 21, 2024
Silicon Carbide Industry worth $17.2 billion by 2029 The report "Silicon Carbide Market by Device (SiC Discrete Device, SiC Module), Wafer Size (Up to 150mm, >150mm), End-use Application (Automotive, Energy & Power, Industrial, Transportation), Material, Crystal Structure and Region - Global Forecast to 2029" The Silicon Carbide Market is expected to reach USD 17.2 billion by 2029 from USD 4.2 billion in 2024, at a CAGR of 32.6% during the 2024–2029 period.The major factors driving the growth of the silicon carbide market include the growing demand for renewable energy systems which leads to an increase in deployment of SiC devices and increasing number of initiatives and investments towards SiC devices. ...... Read More	March 21, 2024
Building Thermal Insulation Market worth $37.0 billion by 2028 The report "Building Thermal Insulation Market by Material (Glass Wool, Stone Wool, Plastic Foam), Application (Roof Insulation, Floor Insulation, Wall Insulation), Building Type (Residential, Non-Residential) & Region - Global Forecast to 2028", is estimated at USD 29.2 billion in 2023 and is projected to reach USD 37.0 billion by 2028, at a CAGR of 4.8%. ...... Read More	March 21, 2024
Probiotics Industry worth $105.7 billion by 2029 According to a research report "Probiotics Market by Product Type (Functional Food & Beverages (FnB), Dietary Supplements, and Feed), Ingredient (Bacteria and Yeast), End User (Human and Animal), Distribution Channel and Region - Global Forecast to 2029" published by MarketsandMarkets, the Probiotics market is projected to reach USD 105.7 billion by 2029 from USD 71.2 billion by 2024, at a CAGR of 8.2% during the forecast period in terms of value. The probiotics market is experiencing significant growth due to a growing interest in preventive healthcare among consumers, who perceive probiotics as a natural means to enhance gut health and digestion. Awareness of gut-related issues is increasing, prompting individuals to seek potential relief through probiotic consumption. The demand for functional foods fortified with probiotics is on the rise, expanding the range of probiotic options available to consumers beyond traditional supplements. ...... Read More	March 21, 2024
System Integrator Industry worth $40.3 billion by 2029 According to the new market research report "System Integrator Market by Technology (Human Machine Interface, Machine Vision, Industrial Robotics, Industrial PC, IIoT, Distributed Control System, SCADA, PLC), Service Outlook (Consulting, Software Integration Service) - Global Forecast to 2029"The global system integrator is expected to reach USD 40.3 billion in 2029 from USD 29.7 billion in 2024, at a CAGR of 6.3% during the forecast period. The growth of the system integrator market is propelled by the continued adoption of cloud computing in industries, increasing adoption of automation in various sectors, and digitalization across industries. However, interoperability issues and complexity in the integration process restrain the market's growth. ...... Read More	March 20, 2024
Sulfur Dust Market worth $1.1 billion by 2028 The report "Sulfur Dust Market by Form (Sublimed and Precipitated), End-use Industry (Agricultural, Rubber Processing, Chemical Processing, Pharmaceutical) and Region (North America, Europe, APAC, MEA, & South America) - Global Forecast to 2028", is projected from USD 1.3 billion in 2023 to USD 1.1 billion by 2028, at a CAGR of -3.0 % during the forecasted period. High demand for sulfur dust comes from various sectors, including agriculture, chemical manufacturing, and pharmaceuticals is expected to drive the sulfur dust market. ...... Read More	March 20, 2024
Defense Electronics Obsolescence Industry worth $3.7 billion by 2028 The report "Defense Electronics Obsolescence Market by System (Communication System; Navigation System; Human Machine Interface; Flight Control System; Targeting System; Electronic Warfare System; and Sensors), Type & Region - Global Forecast to 2028" The defense electronics obsolescence market is projected to grow from USD 2.5 billion in 2023 to USD 3.7 billion by 2028, at a CAGR of 8.2% from 2023 to 2028. The market growth can be attributed to the rapid technological advancements in defense electronics. The defense electronics obsolescence market includes major players Raytheon Technologies Corporation (US), BAE Systems (UK), L3Harris Technologies, Inc. (US), Thales (US) and Elbit Systems Ltd. (Israel). These players have spread their business across various countries includes North America, Europe, Asia Pacific, and Middle East. ...... Read More	March 20, 2024
Large Language Model (LLM) Market worth $36.1 billion by 2030 According to a research report "Large Language Model (LLM) Market by Type (Domain-specific (Zero-shot, One-shot, Few-shot), General-purpose, Multilingual), Model Architecture (Autoregressive Language Models, Autoencoding Language Models, Hybrid Language Models) - Global Forecast to 2030" published by MarketsandMarkets, the large language model market is set to experience rapid growth, projected to surge from USD 6.4 billion in 2024 to USD 36.1 billion by 2030, at a CAGR of 33.2% during the forecast period of 2024–2030. The growing imperative for improved communication between humans and machines and escalating demand for automated content creation and curation, increasing accessibility of extensive datasets are driving forces propelling the large language model market forward. ...... Read More	March 20, 2024
Medical Device Contract Manufacturing Industry Worth $149.4 billion by 2029, with a CAGR of 11.4% The report "Medical Device Contract Manufacturing Market by Device Type (IVD, Cardiovascular, Drug Delivery (Autoinjectors, Infusion Device), Diabetes Care, Orthopedic, Ophthalmology, Endoscopy, Surgical), Device Class (I, II, III), Services -Global Forecast to 2029", is projected to reach USD 149.4 billion in 2029 from USD 78.9 billion in 2023, at a CAGR of 11.4% between 2024 and 2029. ...... Read More	March 20, 2024
Vehicle Armor Materials Market worth $9.3 billion by 2029 The report "Vehicle Armor Materials Market by Type (Metals & Alloys, Ceramics, Composites, Fiberglass, Aramid Fibers), Application (Defense, Para Military, Police, Security Agencies, Personal), and Region (North America, Europe, APAC, ROW) - Global Forecast to 2029", is projected to reach USD 9.3 billion by 2029, at a CAGR of 6.7% from USD 6.7 billion in 2024. ...... Read More	March 19, 2024

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