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Title	Date
Testing, Inspection, and Certification Industry worth $280.6 billion by 2029 The report "Testing, Inspection, and Certification Market by Service Type, Sourcing Type (In-house, Outsourced), Application (Consumer Goods & Retail, Agriculture & Food, Industrial & Manufacturing, Medical & Life Sciences) and Region - Global Forecast to 2029" The global testing, inspection, and certification (TIC) industry size is expected to reach USD 280.6 billion by 2029 from USD 233.2 billion in 2024, at a CAGR of 3.8% during the forecast period. The rise in demand for testing, inspection, and certification services is attributed to stringent government regulations aimed at ensuring product safety and environmental protection, the demand for interoperability testing due to IoT adoption, and the surge in trade involving counterfeit and defective pharmaceutical products. Additionally, the growing emphasis on digitalization to enhance customer experience and the heightened importance placed on food safety and hygiene are expected to drive further expansion of the TIC industry in the foreseeable future. ...... Read More	March 15, 2024
X-Ray Detectors Market worth $4.2 billion by 2029 The report "X-Ray Detectors Market by Technology (FPD (Csl, A-si, A-se, Gadox, CMOS, Fixed, Portable, Retrofit), Line scan, CCD, CR), Application (Medical (Ortho, mammography, oncology, Chest, fluoroscopy, CVD, surg), Vet, Defence) - Global Forecast to 2029", is projected to reach USD 4.2 billion by 2029 from USD 3.1 billion in 2023, at a CAGR of 5.0% from 2023 to 2029. The market is experiencing growth driven by increased investments in the enhancement of healthcare facilities and digital imaging technologies. The demand for early diagnosis is on the rise, leading to an expanded scope of clinical applications for X-ray detectors. Additionally, the prevalence of chronic disorders requiring prompt examinations is increasing, compounded by the growing trend of sedentary lifestyles. ...... Read More	March 15, 2024
Field Service Management Industry worth $7.3 billion by 2028 According to a research report "Field Service Management Market by Solutions (Work Order Management, Schedule, Dispatch, and Route Optimization, Inventory Management, Reporting & Analytics, Customer Management, Service Contract Management, Other Solutions) - Global Forecast to 2028" published by MarketsandMarkets, the Field Service Management Market is expected to grow from USD 4.0 billion in 2023 to USD 7.3 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 12.8% during the forecast period. The growing manufacturing sector and expanding services industries boost the growth of the field service management market during the forecast period. ...... Read More	March 15, 2024
Gas Separation Membrane Market worth $1.6 billion by 2030 The report "Gas Separation Membrane Market by Module, Material Type, Application (Nitrogen Generation & Oxygen Enrichment, Hydrogen Recovery, CDR, Vapor/Gas Separation, Vapor/Vapor Separation, Air Dehydration, H2S Removal), and Region - Global Forecast to 2030", gas separation membrane market is projected to reach USD 1.6 billion by 2030, at a CAGR of 7.4% from USD 1.0 billion in 2023. ...... Read More	March 15, 2024
Laser Capture Microdissection Market worth $306 million by 2029 The report "Laser Capture Microdissection Market by Product (Instruments, Consumables, Software, Services), System Type (Ultraviolet, Infrared, Immunofluorescence), Application (R&D (Molecular Biology, Cell Biology, Forensics), Diagnostics) - Global Forecast to 2029", is projected to reach USD 306 million by 2029 from USD 184 million in 2024, at a CAGR of 10.6% during the forecast period of 2024 to 2029. The growth of this market is driven by increasing demand of laser capture microdissection in cancer research, collaborations between academic institutions, research organizations, and industry players to develop innovative LCM technologies. Additionally, continuous advancements in laser technology, microscopy, and automation have led to improved precision, efficiency, and ease of use of LCM systems. ...... Read More	March 14, 2024
Passenger Information System Industry worth $52.6 billion by 2028 According to a research report "Passenger Information System Market By Solution (Display System, Announcement System, Emergency Communication System, Infotainment System), Transportation Mode (Railways, Roadways, Airways & Waterways) - Global Forecast to 2028" published by MarketsandMarkets, the passenger information system market is expected to reach USD 52.6 billion by 2028 from USD 29.3 billion in 2023, at a Compound Annual Growth Rate (CAGR) of 12.4% during the forecast period. ...... Read More	March 14, 2024
EPDM Market worth $5.2 billion by 2028 The report "EPDM Market by Application (Automotive, Building & Construction, Plastic Modification, Tires & Tubes, Wires & Cables and Lubricant Additives), Manufacturing Process, Region (North America, Europe, APAC, MEA, and South America) - Global Forecast to 2028", size is estimated to be USD 3.9 billion in 2023, and it is projected to reach USD 5.2 billion by 2028 at a CAGR of 5.9%. The growth of the EPDM market is primarily driven by the rising automotive sector which helps to generate the demand for EPDM across the industry. Apart from this, the increasing use of EPDM polymer in the blended products also helps to drive the market. Availability of the susbstitutes for EPDM in the market, becomes the main restraining factor in this market. However, the growing demand for EVs, and development of environment-friendly technology for EPDM production, provides lucrative opportunities for EPDM producers. Anti-dumping duties imposed by China, and recycling issues of EPDM, are the major challenge of this market. ...... Read More	March 14, 2024
Aircraft Engine Test Cells Industry worth $4.1 billion by 2028 The report "Aircraft Engine Test Cells Industry by Engine Test (Turbofan, Turbojet, Turboshaft, Piston Engine and Apu), End User (Oems, Mros, Airlines and Operators), End-Use Industry, Point of Sale, Solution Type & Region - Global Forecast to 2028" The aircraft engine test cells industry is projected to grow from USD 3.3 billion in 2023 to USD 4.1 billion by 2028, at a CAGR of 4.2% from 2023 to 2028. The market growth can be attributed to the growing investments in establishing new aircraft engine test facilities. The aircraft engine test cells market includes major players Safran (France), MDS Aero Support Corporation (US), Calspan Corporation (US), Atec, Inc. (US), and CEL (Canada). These players have spread their business across various countries includes North America, Europe, Asia Pacific, and Rest of the World. ...... Read More	March 14, 2024
IoT-based Asset Tracking and Monitoring Industry worth $9.2 billion by 2029 The report "IoT-based Asset Tracking and Monitoring Market by Connectivity Type (Wi-Fi, Bluetooth, Cellular, NB-IoT, LoRa, SigFox, UWB, GNSS, ZigBee, Thread), Monitoring Type (Indoor, Outdoor), Application (Manufacturing, Automotive), Region - Global Forecast to 2029" The global IoT-based asset tracking and monitoring monitoring market size is expected to grow from USD 5.0 billion in 2024 to USD 9.2 billion by 2029, at a CAGR of 12.8% from 2024 to 2029. Machine-to-machine (M2M) applications, such as asset tracking, are on the other extreme of the complexity and sophistication scale, pushing the boundaries of what is technically achievable. The adoption of IoT for asset tracking is based on commercial realities. A delivery vehicle is an example of a typical M2M and asset tracking combination. A wireless transmitter and GPS positioning are combined in an active asset tracking system for fleet management, which offers the vehicle’s real-time location, engine data, and similar status at all times, as well as alerts regarding any attempted heist or tampering with the truck. As the controller in the head office can divert the vehicle to a new pick-up spot or avoid traffic congestion, it also supports increased efficiency. ...... Read More	March 14, 2024
Open Banking Solutions Industry worth $11.7 billion by 2028 According to a research report "Open Banking Solutions Market by Solutions (Payment Initiation, Account Information, Identity Verification & Authentication, API Management), Application (Payment, Banking, Digital Lending, Wealth Management), End User (Account provider, TPP) - Global Forecast to 2028" published by MarketsandMarkets, the Open Banking solutions market size is expected to grow from USD 5.5 billion in 2023 to USD 11.7 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 16.0% during the forecast period. Stringent regulations like PSD2 and CMA Order drive adoption of the market, innovations in APIs, data analytics, and cybersecurity, and Fintech companies offering agile solutions that disrupt traditional banking models are a few fundamental driving forces to leverage Open Banking solutions adoption across verticals and regions. ...... Read More	March 13, 2024
Electric Tractor Industry worth $3.4 billion by 2030 According to a research report "Electric Tractor Market by Propulsion (Battery, Hybrid & Hydrogen), Capacity (<50, 51–100 & >100kWh), Chemistry (LFP & NMC), Hybrid Tractor (<50, 51–100 & >100HP), Function (Agriculture, Utility & Industrial) and Region - Global Forecast to 2030" published by MarketsandMarkets, the global electric tractor market is estimated to grow from USD 0.7 billion in 2024 to USD 3.4 billion by 2030, at a CAGR of 28.3%. ...... Read More	March 13, 2024
Protective Packaging Market worth $44.5 billion by 2028 The report "Protective Packaging Market by Material (Foam Plastics, Paper & Paperboard, Plastics), Type (Flexible Protective Packaging, Rigid Protective Packaging, Foam Protective Packaging), Function, Application, and Region - Global Forecast to 2028", is projected to grow from USD 33.3 billion in 2023 to USD 44.5 billion by 2028 at a CAGR of 5.9%. ...... Read More	March 13, 2024
Cable Modem Termination System (CTMS) and Converged Cable Access Platform (CCAP) Industry worth $10.4 billion by 2029 According to the new market research report "Cable Modem Termination System (CTMS) and Converged Cable Access Platform (CCAP) Market by Type (CMTS (traditional CMTS, Virtual CMTS) and CCAP), DOCSIS Standard (DOCSIS 3.1 and DOCSIS 3.0 and Below) and Geography- Global Forecast to 2029" The CMTS and CCAP industry size is projected to grow from USD 6.7 billion in 2024 and is expected to reach USD 10.4 billion by 2029, growing at a CAGR of 9.3% from 2024 to 2029. The introduction of DOCSIS 4.0 technology is expected to be one of the key driving factors for this market. DOCSIS 4.0 introduces Full Duplex DOCSIS (FDX), enabling symmetrical upload and download speeds. This is a significant improvement over previous versions, which typically have higher download speeds than upload speeds. Symmetrical speeds are beneficial for applications such as video conferencing, cloud services, and other upload-intensive activities. Moreover, This enables a smoother transition for cable operators, allowing them to upgrade their networks gradually without disrupting existing services. ...... Read More	March 13, 2024
Electroceuticals/Bioelectric Medicine Market worth $33.6 billion by 2029 The report "Electroceuticals/Bioelectric Medicine Market by Product (Cardiac Pacemakers, ICD, Cochlear Implant, Neuromodulation (Deep Brain Stimulation)), Type (Implantable, Non-Invasive), Application (Arrhythmia, Heart Failure, Epilepsy) - Global Forecast to 2029", is projected to reach USD 33.6 billion by 2029 from USD 23.9 billion in 2024, at a CAGR of 7.0%. ...... Read More	March 13, 2024
Industrial Filtration Market worth $47.1 billion by 2029 According to a research report "Industrial Filtration Market by Type (Air & Liquid), Product (Filter Press, Bag, Drum, Depth, Cartridge, HEPA, ULPA), Filter Media (Activated Charcoal, Fiberglass, Filter Paper, Metal, Nonwoven Fabric), Industry and Region - Global Forecast to 2029" published by MarketsandMarkets, the global industrial filtration market is forecast to reach USD 47.1 billion by 2029 from an estimated USD 37.1 billion in 2024, at a CAGR of 4.9% during the forecast period (2024-2029). ...... Read More	March 12, 2024
Electronic Toll Collection Industry worth $14.7 billion by 2029 The report "Electronic Toll Collection Market by Technology (RFID and DSRC), Offering (Hardware and Back Office), Application (Highways and Urban Areas), Type (Transponders/Tag-Based Tolling Systems) and Region - Global Forecast to 2029" The global electronic toll collection market was valued at USD 10.1 billion in 2024 and is projected to reach USD 14.7 billion by 2029; it is expected to register a CAGR of 7.9% during the forecast period The rise in demand for electronic toll collection systems is attributed to the Urgent need to mitigate traffic congestion and reduce road accidents, strong government support through funding and investment in deployment of advanced tolling solutions, and high convenience due to automated payment options. ...... Read More	March 12, 2024
Gene Expression Analysis Market worth $6.2 billion by 2029 The report "Gene Expression Analysis Market by Product (Reagents, Enzymes, kits, DNA Chips, PCR, NGS, DNA Microarray), Service (RNA Sequencing, Bioinformatics), Application (Drug discovery & development, clinical diagnostics), End User - Global Forecast to 2029", is projected to reach USD 6.2 billion by 2029 from an estimated USD 4.2 billion in 2024, at a CAGR of 8.1% during the forecast period. ...... Read More	March 12, 2024
Minimally Invasive Surgery Market worth $173.9 billion by 2029 The report "Minimally Invasive Surgery Market by Product (Robotics, Imaging, Instrument (Handheld, inflation, Guiding, electrosurgery, endoscopy)), Application (CVD, thoracic, neuro, ENT, OB/GYN, orthopedic), End-user, and Surgery volume - Global Forecast to 2029", is projected to reach USD 173.9 billion by 2029 from USD 79.3 billion in 2024, growing at a CAGR of 17.0% during the forecast period. The expansion of the minimally invasive surgery market is propelled by several synergistic factors, including increasing demand for MIS procedures, escalating chronic disorder prevalence, increasing geriatric patient population, rising public-private investments to support for the clinical research and the presence of key market players in developing regions. ...... Read More	March 12, 2024
Green Hydrogen Market worth $30.6 billion by 2030 The report "Green Hydrogen Market by Technology (Alkaline and PEM), Renewable source (Wind, Solar), End-use Industry (Mobility, Power, Chemical, Industrial, Grid Injection), and Region (North America, Europe, APAC, MEA, & Latin America) - Global Forecast to 2030", is projected to grow from USD 1.1 billion in 2023 to USD 30.6 billion by 2030, at a CAGR of 61.1% during the forecasted period. High demand from the mobility segment, power industry, electrolysis technologies development, and the low cost for producing renewable energy is expected to drive the green hydrogen market. ...... Read More	March 12, 2024
Identity Verification Industry worth $21.8 billion by 2028 According to a research report "Identity Verification Market by Offering (Solutions and Services), Type (Biometric and Non-Biometric), Organization Size, Deployment Mode, Application, Vertical (BFSI, Retail & eCommerce, and Gaming & Gambling) and Region - Global Forecast to 2028" published by MarketsandMarkets, the global Identity Verification market is projected to grow from USD 10.9 billion in 2023 to USD 21.8 billion by 2028 at a compound annual growth rate (CAGR) of 14.9% during the forecast period. Increasing regulatory requirements worldwide, such as KYC and AML mandates, compel businesses to adopt robust identity verification solutions, driving market growth. Compliance with stringent financial crime prevention and data protection regulations increases demand for advanced identity verification technologies across industries. ...... Read More	March 12, 2024
Wearable AI Industry worth $138.5 billion by 2029 The report "Wearable AI Market by Product (Smartwatches, Fitness Tracker, AR/VR Headsets, Wearable Cameras, Smart Earwear, Smart Clothing & Footwear), Operation (On-device AI, Cloud-based AI), Application (Consumer Electronics, Healthcare) - Global Forecast to 2029" The wearable AI market is projected to grow from USD 62.7 billion in 2024 and is estimated to reach USD 138.5 billion by 2029; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 17.2% from 2024 to 2029. The growth of the wearable AI market is driven by growing awareness regarding health and fitness among general population and technological advancements in wearables, seamless integration with smartphones and Internet of Things (IoT). ...... Read More	March 11, 2024
Digital Risk Protection Industry worth $157.8 billion by 2028 According to a research report "Digital Risk Protection Market by Offering, Solution Type (Automated Threat Mitigation, Phishing Protection, Incident Response), Security Type, Organization Size, Deployment Mode, Vertical and Region - Global Forecast to 2028" published by MarketsandMarkets, the global digital risk protection market is growing quickly, valued at USD 64.4 billion in 2023 and expected to reach USD 157.8 billion by 2028, with a significant growth rate of 19.6%. This growth is driven by the ongoing and evolving cyber threats, which are becoming more complex and sophisticated. Organizations are strengthening their cybersecurity defenses to combat the various tactics used by cybercriminals. With the rise of remote work and the increasing interconnectedness of digital systems, there's a greater need for strong digital risk protection measures. Additionally, stricter regulations like GDPR and other data protection laws are pushing for more advanced cybersecurity solutions. In this complex cybersecurity landscape, the digital risk protection market plays a vital role by providing innovative strategies to defend against a wide range of cyber threats, ensuring the security of digital communication channels, and safeguarding sensitive information. ...... Read More	March 11, 2024
Future of Airport Industry Outlook worth $2,404 billion in 2040 According to a research report, "Future of Airport Industry to 2030" published by MarketsandMarkets: Global Airport investment is estimated to reach USD 2,404 billion in 2040 from USD 200 billion in 2021, at a CAGR of 14.4%. The airport industry's significant regional investments reflect a broader global trend toward expanding and upgrading airport infrastructure. This trend is driven by anticipated growth in passenger traffic, the strategic importance of these regions as international transit hubs, and the recognition of airport infrastructure as a critical component of broader economic development and tourism strategies. ...... Read More	March 11, 2024
Pharmaceutical Membrane Filtration Market worth $19.6 billion by 2029 The report "Pharmaceutical Membrane Filtration Market by Product (Filters (PES, PVDF, Nylon), Systems (Single use)), Technique (Microfiltration, Ultrafiltration), Application (API, Vaccines), Type (Sterile, Non Sterile), Scale of Operation - Global Forecast to 2029", is projected to reach USD 19.6 billion by 2029 from USD 10.6 billion in 2024, at a CAGR of 13.1% during the forecast period of 2024 to 2029. Some factors contributing to the growth of the global market includes increasing adoption of single use membrane filters coupled by high purity requirements among end users, increasing R&D spending by government and private organizations, and increasing regulations for membrane filter’s safety by regulatory bodies. Despite this, issues such as membrane fouling, and large capital investment are expected to hinder market growth. ...... Read More	March 11, 2024
Digital Oilfield Market worth $43.0 billion by 2029 According to a research report "Digital Oilfield Market by Solution (Hardware, Software & Service, Data Storage Solutions), Processes (Reservoir, Production, Drilling Optimizations, Safety Management), Application (Onshore, Offshore), Technology and Region - Global Forecast to 2029" published by MarketsandMarkets, the global digital oilfield market is projected to reach USD 43.0 billion by 2029 from an estimated USD 30.1 billion in 2023, at a CAGR of 6.3% during the forecast period. Digital oilfields play a crucial role in improving operational efficiency, reducing costs, and addressing industry challenges by integrating advanced technologies and data-driven solutions. It leverages a combination of hardware, software, and data storage solutions, including sensors, automation systems, and advanced data analytics, to capture, process, and interpret real-time data from diverse oilfield activities such as exploration, drilling, production, and reservoir management. ...... Read More	March 11, 2024
Activated Carbon Market worth $8.4 billion by 2030 The report "Activated Carbon Market by Type (Powdered Activated Carbon, Granular Activated Carbon), Application (Liquid Phase Application, and Gas Phase Application), End-Use Industry, Raw Material (Coal, Coconut, Wood, Peat), and Region - Global Forecast to 2030", is projected to grow from USD 4.4 billion in 2023 to USD 8.4 billion by 2030, at a CAGR of 9.8% during the forecast period. The increasing global population and improving living standards contribute to a heightened demand for clean air and water. Hence, there is a rise in the purification of both air and water, which drives the activated carbon market during the forecast period. Additionally, factors such as the growing food and beverage industry, recovery of the automotive sector, and strict government regulations further propel the market for activated carbon. However, the market faces challenges due to the scarcity of raw materials, leading to price hikes. The reactivation of activated carbon presents lucrative opportunities for producers in the industry. Weak economic growth remains a significant challenge for the market. ...... Read More	March 11, 2024
Medical Waste Management Market worth $12.2 billion by 2028 The report "Medical Waste Management Market by Service (Collection, Treatment, Disposal, Incineration, Recycling), Type of Waste (Non-hazardous, Infectious, Pharmaceutical), Treatment Site (Offsite, Onsite), Waste Generator (Hospital, Labs) - Global Forecast to 2028", is valued at an estimated USD 9.2 billion in 2023 and is projected to reach USD 12.2 billion by 2028, at a CAGR of 5.9% during the forecast period. ...... Read More	March 8, 2024
Commercial Drone Industry worth $9.3 Billion by 2029 The report "Commercial Drone Market by Point Of Sale (OEM, Aftermarket), Systems (Platform, Payload, Datalink, Ground Control Station, Launch & Recovery Systems), Platform (Micro, Small, Medium, Large), Function (Passenger Drones, Inspection & Monitoring Drones, Surveying & Mapping Drones, Spraying & Seeding Drones, Cargo Air Vehicles, Others), End-Use (Agriculture, Insurance, Energy, Mining & Quarrying, Oil & Gas, Tranport, Logistics & Warehousing, Journalism & Media, Arts, Entertainment & Recreation, Healthcare & Social Assistance), MTOW (<25 Kg, 25-170 Kg, >170Kg), Range (Visual Line Of Sight, Extended Visual Line Of Sight, Beyond Visual Line Of Sight) & Region - Global Forecast to 2029" The Commercial Drone market is projected to grow from USD 5.3 billion in 2022 to USD 9.3 Billion by 2029, at a CAGR of 11.2% from 2024 to 2029. The market growth can be attributed to growing increased adoption of UAS in commercial applications worldwide.The acceptance of UAVs or drones has steadily been increasing across the world for use in commercial applications. Commerical drones are witnessing increased demand owing to their cost-effectiveness and advancements in them over the last couple of years. ...... Read More	March 8, 2024
Thermoform Packaging Market worth $65.6 billion by 2028 The report "Thermoform Packaging Market by Material (Plastic, Aluminum, Paper & Paperboard), Heat Seal Coating (Water-Based, Solvent-Based, Hot-Melt-Based), Type (Blister Packaging, Clamshell Packaging, Skin Packaging), End-Use Industry - Global Forecast to 2028", size is projected to grow from USD 52.2 billion in 2023 to USD 65.6 billion by 2028, at a CAGR of 4.7% from 2023 to 2028. ...... Read More	March 8, 2024
Gas Engine Market worth $6.3 billion by 2029 According to a research report "Gas Engine Market by Fuel Type (Natural Gas, Special Gas), Power Output (0.5-1 MW, 1.1-2 MW, 2.1-5 MW, 5.1-15 MW, Above 15 MW), Application (Power Generation, Cogeneration, Mechanical Drive), End-Use Industry and Region - Global Forecast to 2029" published by MarketsandMarkets, the Gas Engine market is anticipated to witness a significant expansion, with the market size projected to reach approximately USD 6.3 billion by 2029, showcasing a Compound Annual Growth Rate (CAGR) of 4.5% from the estimated value of USD 5.1 billion in 2024. The growth in this market can be attributed to various factors stimulating demand. A prominent driver is the escalating focus on cleaner energy sources and sustainability initiatives, prompting a surge in the adoption of gas-powered engines as a viable alternative to conventional fossil fuel-based options. Furthermore, technological advancements, including enhanced efficiency and reliability of gas engines, are significantly contributing to market expansion. These advancements not only improve the performance of gas engines but also make them more competitive and appealing to consumers seeking reliable and environmentally friendly power solutions. ...... Read More	March 8, 2024

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