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Home › Press Releases
Press Releases
Title | Date |
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Fire Protection System Industry worth $97.2 billion by 2029According to the new market research report "Fire Protection System Market by Fire Suppression, Smoke Detector (Photoelectric, Ionization, Beam), Flame Detector (IR, UV), Heat Detector, Sprinkler (Wet, Dry, Deluge), Fire Response & Analysis, Service, Vertical and Region - Global Forecast to 2029" The global fire protection system industry size is projected to grow from USD 71.6 billion in 2024 to USD 97.2 billion by 2029 at CAGR of 6.3% during the forecast period. Fire protection systems help prevent fire accidents and damage. These systems reduce the impact of uncontrolled fires, saving lives and property. Fire alarms and detection systems, fire sprinkler systems, and fire suppression systems are among the popular options. Their demand has grown in the last decade, as most countries are committed to safety regulations. These systems are used in many sectors, such as residential, commercial, manufacturing, oil and gas, and energy and power. ...... Read More |
March 1, 2024 |
BPaaS Industry worth $92.9 billion by 2028According to a research report "BPaaS Market by Business Process (Human Resource Management, Customer Service & Support, Accounting & Finance, Sales & Marketing, Procurement, SCM, and Operations), Deployment Model (Public, Private, Hyrbid Cloud) - Global Industry Forecast to 2028" published by MarketsandMarkets, the Business Process as a service market is expected to grow from USD 63.3 billion in 2023 to USD 92.9 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 8.0% during the forecast period. BPaaS solutions can be accessed from anywhere with an internet connection, making them ideal for organizations with global operations or distributed teams. This global reach allows businesses to streamline processes across geographies and collaborate more effectively. This drives the growth of BPaaS market. ...... Read More |
March 1, 2024 |
Composites Market worth $181.7 billion by 2028The report "Composites Market by Fiber Type (Glass Fiber Composites, Carbon Fiber Composites, Natural Fiber Composites), Resin Type (Thermoset Composites, Thermoplastic Composites), Manufacturing Process, End-use Industry, and Region - Global Forecast to 2028", size is expected to witness a CAGR of 10.8% and is 108.8 USD billion in 2023 and is estimated to reach 181.7 USD billion by 2028. Demand for composites is expected to to grow due to the increase in the demand for high performance materials with properties such as high strength to weight ratio, good tensile strength, and electrical conductivity among others. ...... Read More |
March 1, 2024 |
Chromatography Reagents Market worth $11.5 billion by 2029The report "Chromatography Reagents Market by Technology (LC( HPLC, UPLC, LPLC),GC, SFC, TLC), Type (Solvent(LC, GC), Derivatization Reagent (Acylation, Silylation), Ion-Pair Reagent, Buffer), Mechanism, User (Pharma, Academia, Hospital) - Global Forecast to 2029 ", is projected to reach USD 11.5 billion by 2029 from USD 6.8 billion in 2024, at a CAGR of 11.0 % during the forecast period. ...... Read More |
February 29, 2024 |
Retail Automation Industry worth $44.3 billion by 2029The report "Retail Automation Market by Product Type (Interactive Kiosk, Self-checkout System, Barcode, RFID, ESL, Cameras, AMR, COBOTS, AGV, ASRS, Conveyor & Sortation Systems), Implementation Type (In-house, Warehouse), End-user & Region - Global Forecast to 2029" The retail automation industry is expected to be valued at USD 27.6 billion in 2024 and is projected to reach USD 44.3 billion by 2029; it is expected to grow at a CAGR of 9.9% during the forecast period. The increasing demand rising demand for high-quality and fast service to consumers and the increasing adoption of integrated automated technology in warehouses are the key drivers fueling the expansion of the retail automation industry. Restraints such as regular maintenance and meeting regulatory compliance hinder market growth. However, factors such as increased transparency in supply chain management and enhanced retail experience for consumers by leveraging automation technologies provide lucrative opportunities for market players in coming years. ...... Read More |
February 29, 2024 |
Next-generation Firewall Industry worth $8.6 billion by 2028According to a research report "Next-generation Firewall Market by Offering (Hardware, Software, Services), Deployment Mode (On-premises, Cloud/Virtual), Organization Size (Large Enterprises, SMEs), Vertical (BFSI, Government, Other Verticals) and Region - Global Forecast to 2028" published by MarketsandMarkets, the global next generation firewall market size is projected to grow from USD 5.0 billion in 2023 to USD 8.6 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 11.4% during the forecast period. The growth of the next-generation firewall market is propelled by shifting work dynamics, demanding refined security solutions. With remote work becoming commonplace, organizations face heightened cyber threats as employees access networks from diverse locations using personal devices. Next-Generation Firewalls (NGFWs) equipped with advanced threat detection mechanisms ensure secure remote access amidst rising attacks, notably during the COVID-19 pandemic. Additionally, NGFW providers drive compliance advancements, integrating features like application control and intrusion prevention to meet evolving regulatory standards and secure enterprises against sophisticated cyber threats. ...... Read More |
February 29, 2024 |
Architectural Metal Coatings Market worth $6.7 billion by 2028The report "Architectural Metal Coatings Market by Resin Type (Polyester, Fluoropolymer), Coil Coating Application (Roofing & Cladding, Wall Panels & Facades), Extrusion Coating Application (Curtain Walls, Store Front) and Region - Global Forecast to 2028", size is projected to grow from USD 5.3 billion in 2023 to USD 6.7 billion by 2028, at a CAGR of 4.6%. The construction industry’s demand for eco-friendly and healthier coating systems and the rising need to improve performance, durability, and aesthetics are key factors contributing to the growth of the architectural metal coatings market. The growing investment in emerging markets is expected to create growth opportunities for the market players globally. However, stringent and time-consuming regulatory policies act as a challenge for market players. ...... Read More |
February 29, 2024 |
V2X Cybersecurity Market worth $778 million by 2030According to a research report "V2X Cybersecurity Market by Form (In-vehicle and External Cloud Services), Communication Type (V2I, V2V, V2G, and V2P), Security Framework (PKI and Embedded), Security type, Connectivity Type, Propulsion, Vehicle Type and Region - Global Forecast to 2030" published by MarketsandMarkets, the global V2X cybersecurity market is projected to grow from USD 43 million in 2023 to USD 778 million by 2030, at a CAGR of 51.3%. ...... Read More |
February 29, 2024 |
Contactless Connector Industry worth $480 million by 2029The report "Contactless Connector Market by Product Type (Wireless Charging, Wireless Data Transfer), Technology (Inductive Coupling, RF, Magnetic Field), Operation (Simplex, Half-duplex, Full-duplex), Data Rate Gbps (1, 3, Up to 6) - Global Forecast to 2029" The global contactless connector industry size is expected to be valued at USD 220 million in 2024 and is projected to reach USD 480 million by 2029; it is expected to grow at a CAGR of 16.9 % from 2024 to 2029. The rise of IoT devices and smart technologies necessitates secure and reliable connectivity solutions, further propelling the demand for contactless connectors. Moreover, the ongoing advancements in wireless charging and data transfer technologies are expanding the scope of contactless connectors, fueling their market growth. ...... Read More |
February 28, 2024 |
Natural Personal Care Ingredients Market worth $7.9 billion by 2028The report "Natural Personal Care Ingredients Market by Type (Emollients, Surfactnats, Rheology Modifiers, Preservatives, Active Ingredients), Application (Skin Care, Hair Care, Make-up, Oral Care), and Region - Global Forecast to 2028", size was USD 5.3 billion in 2022 and is projected to reach USD 7.9 billion by 2028, at a CAGR of 8.3%, between 2023 and 2028. ...... Read More |
February 28, 2024 |
Speech Analytics Industry worth $7.3 billion by 2029According to a research report "Speech Analytics Market by Offering (Software by Functionality & Deployment Mode & Services), Business Function (Sales & Marketing, HR), Channel (VOIP & Messaging Platforms, Webinars & Virtual Meetings), Vertical and Region - Global Forecast to 2029" published by MarketsandMarkets, the speech analytics market is projected to grow from USD 3.3 billion in 2024 to USD 7.3 billion by 2029, at a compound annual growth rate (CAGR) of 17.5% during the forecast period. Key driving factors include the rising demand for improving omnichannel integration capabilities, the increasing emphasis on monitoring and improving agent performance, and the growing importance of utilizing analytics for customer retention and enhanced customer satisfaction. ...... Read More |
February 28, 2024 |
Pea Protein Industry worth $3.7 billion by 2029According to a research report "Pea Protein Market by Type (Isolates, Concentrates and Textured), Application (Food, Beverages), Form (Dry, Wet), Source (Chickpeas, Yellow Split Peas, Lentils), Processing Method (Dry, Wet) and Region - Global Forecast to 2029" published by MarketsandMarkets, the pea protein market is estimated at USD 2.1 billion in 2024 and is projected to reach USD 3.7 billion by 2029, at a CAGR of 12.0% from 2024 to 2029. Pea protein's rise in popularity is attributed to its exceptional nutritional profile, rich in essential amino acids like lysine, often lacking in other plant-based sources. Its allergen-free nature, excluding soy and dairy, caters to individuals with dietary restrictions. Furthermore, heightened awareness of the environmental impact of animal agriculture drives the search for sustainable protein sources. Pea protein production consumes fewer resources and emits fewer greenhouse gases than animal-based proteins, aligning with eco-conscious consumer preferences. The versatility of pea protein appeals to food manufacturers, seamlessly integrating into various products like plant-based meats, dairy alternatives, snacks, and supplements, without compromising taste or texture. ...... Read More |
February 28, 2024 |
Infection Control Market worth $69.2 billion by 2029The report "Infection Control Market by Product (Sterilization (Hydrogen Peroxide, EtO, Gamma, E-Beam), Disinfection (Wipes, Liquids, Disinfectors), Services, Gowns, Endoscope Reprocessing), End User (Hospital & Clinics, Pharmaceuticals) - Global Forecast to 2029", is valued at an estimated USD 51.0 billion in 2024 and is projected to reach USD 69.2 billion by 2029, at a CAGR of 6.3% during the forecast period. ...... Read More |
February 28, 2024 |
Learning Management System Industry worth $51.9 billion by 2028According to a research report "Learning Management System Market by Delivery Mode (Distance Learning, Instructor-led Learning, Blended Learning), Application Area (Corporate Training & Development, Professional Certification & Compliance, Course Management) - Global Forecast to 2028 " published by MarketsandMarkets, the learning management system market is expected to grow from USD 22.1 billion in 2023 to USD 51.9 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 18.6% during the forecast period. The increasing adoption of digital learning solutions across educational institutions, corporate sectors, and government organizations is fueling the demand for LMS platforms. ...... Read More |
February 27, 2024 |
Mice Model Market worth $2.2 billion by 2029The report "Mice Model Market by Model Types (Inbred, Outbred, Hybrid), Services (Breeding, Rederivation), Technology (Microinjection, CRISPR/Cas9), Therapeutic Area (Oncology, Neurology, Immunology), Application (Research, Drug Discovery) - Global Forecast to 2029", is projected to reach USD 2.2 billion by 2029 from an estimated USD 1.5 billion in 2024, at a CAGR of 8.1% during the forecast period. ...... Read More |
February 27, 2024 |
Digital Scent Technology Industry worth $2.0 billion by 2029The report "Digital Scent Technology Market by Hardware Device (E-Nose, Scent Synthesizers), End-Use Product (Medical Diagnostic Products, Quality Control Products), Application (Medical, Food & Beverages, Military & Defense) and Region - Global Forecast to 2029" The Digital Scent Technology industry size is projected to grow from USD 1.2 billion in 2024 and is estimated to reach USD 2.0 billion by 2029; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 10.5% from 2024 to 2029. The Digital Scent Technology industry growth is driven by the growing adoption of e-noses in food industry for process monitoring, freshness evaluation, and authenticity assessment; increasing adoption of compact, portable, and IoT-enabled e-noses. ...... Read More |
February 27, 2024 |
Organosheet Market worth $1.0 billion by 2028The report "Organosheet Market by Fiber Type (Carbon Fiber, Glass Fiber), Resin Type (PA, PP, PC, PEEK), Application (Aerospace & Defense, Transportation, Sports & Leisure, Construction), & Region (North America, APAC, Europe, MEA) - Global Forecast to 2028", is estimated at USD 0.6 billion in 2023 and is projected to reach USD 1.0 billion by 2028, at a CAGR of 12.0% from 2023 to 2028. The growth of the organosheet market is being driven by a number of factors, including increasing demand from aerospace applications, extensive use of composites in construction industry, high durability and fatigue resistance, and increasing demand for lightweight materials from automotive industry. The high processing and manufacturing cost of organosheets could hinder market growth. The high demand of organosheets from electric vehicles and cost reduction of carbon fiber composites has boosted the organosheet market. ...... Read More |
February 27, 2024 |
Space-Based Solar Power Industry worth $6.8 billion by 2040The report "Space-Based Solar Power Industry by Beam Type (Laser Beam Power Transmission, Microwave Power Transmission), End Users (Government and Defense, Commercial), Application (Terrestrial, Space) and Region - Global Forecast to 2040" The Space-Based Solar Power Industry is estimated to be USD 4.7 billion in 2030 and is projected to reach USD 6.8 billion by 2040 at a CAGR of 3.3% from 2030 to 2040. The Space-Based Solar Power market is thriving due to rapid advancements in technologies such as wireless power transmission and use of photovolatic cells. The growing demand for green energy, coupled with a focus on sustainability, is driving innovation in Space-Based Solar Power. Geopolitical shifts and the expansion of emerging markets further contribute to a robust market outlook. Space manufacturers are prioritizing cutting-edge solutions to meet evolving industry needs, making the Space-Based Solar Power market dynamic and poised for sustained growth. It stands at the forefront of shaping the future of renewable energy. ...... Read More |
February 27, 2024 |
Racing Simulator Industry worth $1.1 billion by 2030According to a research report "Racing Simulator Market by Type (Compact, Mid- & Full-Scale), Application (Personal & Commercial), Offering (Hardware & Software), Vehicle Type (Passenger Cars & Commercial Vehicle), Sales Channel (Online & Offline), Component & Region – Global Forecast to 2030" published by MarketsandMarkets, The racing simulator market is projected to grow from USD 0.5 billion in 2024 to USD 1.1 billion by 2030 at a CAGR of 15.6% during the forecast period. ...... Read More |
February 26, 2024 |
Lateral Flow Assay Market worth $16.8 billion by 2029The report "Lateral Flow Assay Market by Product (Kit, Readers), Application (STI, Covid-19, Hep, TB, Cardiac marker, Pregnancy; Drug abuse, Vet Diaganostic, Food), Sample (Blood, Urine, Saliva), Technique (Sandwich, Competitive), End User - Global Forecast to 2029", is valued at an estimated USD 10.8 in 2023. The size is projected to reach USD 16.8 billion by 2029, at a CAGR of 7.6%. ...... Read More |
February 26, 2024 |
Managed Network Services Industry worth $89.9 billion by 2028According to a research report "Managed Network Services Market by Type ( Managed LAN, Managed Wi-Fi, Managed WAN, Managed IP/VPN, Managed Network Security), Vertical, and Region( North America, Asia Pacific, Europe, Middle East Africa, Latin America) - Global Forecast to 2028" published by MarketsandMarkets, the Managed Network Services market is expected to reach USD 89.9 billion by 2028 from USD 65.7 billion in 2023, at a CAGR of 6.5 % during 2023–2028. ...... Read More |
February 26, 2024 |
3D and 4D Technology Industry worth $866.5 billion by 2029The report "3D and 4D Technology Market by Solution Type (3D & 4D Input Devices, 3D and 4D Imaging Solutions, 3D Output Devices), End Use Application (3D and 4D Gaming, 3D & 4D Cinema), Vertical (Entertainment, Military and Defense) Region - Global Forecast to 2029" The 3D and 4D technology Industry size is projected to grow from USD 399.7 billion in 2024 to reach USD 866.5 billion by 2029; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 16.7% from 2024 to 2029.The growth of the 3D and 4D technology Industry is driven by surge in the trend of 3D and 4D gaming, rising demand for 3D-enabled devices across verticals, and rising demand for 3D and 4D technology in entertainment industry. ...... Read More |
February 26, 2024 |
Textile Coatings Market worth $5.4 billion by 2028The Report "Textile Coatings Market by Type (Thermoplastic, Thermoset), End-use Industry (Transportation, Building & Construction, Protective Clothing, Industrial, Medical), and Region (North America, Europe, APAC, South America, MEA) - Global Forecast to 2028", size was USD 4.4 billion in 2023 to USD 5.4 billion by 2028, at a CAGR of 4.6% from 2023 to 2028. ...... Read More |
February 26, 2024 |
Hard Coatings Market worth $1.7 billion by 2028The report "Hard Coatings Market by Material Type (Nitrides, Oxides, Carbides, Carbon, Borides, Multi-Component), Deposition Techniques (PVD, CVD), Application, End-use industry, and Region (North America, Europe, APAC, South America, MEA) - Global Forecast to 2028", is projected to reach a market size of USD 1.7 billion by 2028 from USD 1.2 billion in 2023, at a CAGR of 7.0%. Asia Pacific is one of the largest markets for hard coatings. The demand for hard coatings is increasing in cutting tools, decorative coatings, Optics, and Gears. The demand from developing nations, such as India, China, Malaysia, Germany, Mexico, and Brazil is expected to drive the global hard coatings market. ...... Read More |
February 23, 2024 |
LED Lighting Industry worth $118.4 billion by 2029According to a research report "LED Lighting Market by Product (Lamps, Luminaire), Application (Indoor, Outdoor), Installation (New, Retrofit), Sales Channel (Direct, retail, E-commerce) and Region (North America, Europe, APAC, Rest of the World) - Global Forecast to 2029" The global LED lighting market is projected to grow from USD 78.9 billion in 2024 to USD 118.4 billion by 2029, registering a CAGR of 8.5% during the forecast period. The LED lighting market is propelled by a combination of key drivers that have contributed to its widespread adoption globally. Energy efficiency stands out as a primary driver, with LED technology offering significant reductions in energy consumption compared to traditional lighting sources. ...... Read More |
February 23, 2024 |
Automation Testing Industry worth $55.2 billion by 2028According to a research report "Automation Testing Market by Offering (Testing Types (Static Testing and Dynamic Testing) and Services), Endpoint Interface (Mobile, Web, Desktop, and Embedded Software), Vertical (BFSI, Automotive, IT & ITeS) and Region - Global Forecast to 2028" published by MarketsandMarkets, the automation testing market is expected to reach USD 55.2 billion by 2028 from USD 28.1 billion in 2023, at a Compound Annual Growth Rate (CAGR) of 14.5% during 2023–2028. ...... Read More |
February 23, 2024 |
Dental 3D Printing Market worth $8.1 billion in 2029The report "Dental 3D Printing Market by Equipment (3D Scanner, Printer), Technology (Stereolithography, LCD, FDM, SLS), Materials (Plastics, Metal), Application (Prosthodontics, Orthodontic, Implantology) End User (Dental Labs, Hospitals, Clinics)- Forecast to 2029", is projected to reach 8.1 billion in 2029 from USD 2.9 billion in 2023, at a CAGR of 19.0% between 2023 and 2029. ...... Read More |
February 23, 2024 |
Rodenticides Industry worth $7.7 billion by 2029According to a research report "Rodenticides Market by Type (Chemical, Mechanical, Biological, And Software & Services), Mode Of Application (Pellets, Spray, And Powder), End Use (Agriculture, Warehouses, Urban Centers), Rodent Type, & Region- Global Forecast to 2029" published by MarketsandMarkets, the global market for rodenticides is estimated at USD 5.8 billion in 2024 and is projected to reach USD 7.7 billion by 2029, at a CAGR of 5.9% during the forecast period. The global rodenticides market has witnessed remarkable growth in recent years, driven by factors like the expansion of urban areas, which has led to an increase in rodent populations due to the availability of food waste and shelter. This has led to a higher demand for effective rodent control methods, including rodenticides. Also, alterations in weather patterns and temperatures have the potential to impact rodent populations, as certain species may flourish in warmer climates. As climate change continues, there are notable shifts in rodent habitats and behavior, necessitating adaptations in the use of rodenticides. ...... Read More |
February 23, 2024 |
Synthetic Lubricants Market worth $48.0 billion by 2028The report "Synthetic Lubricants Market by Type (Polyalphaolefins (PAOs), Esters, Poly Alkyne Glycols (PAGs), Group III), Product Type (Engine Oils, Hydraulic Fluids, Metalworking Fluids, Compressor Oils, Turbine Oils), & Region - Global Forecast to 2028" market size of Synthetic Lubricants is estimated at USD 41.2 billion in 2023 and is projected to reach USD 48.0 billion by 2028, at a CAGR of 3.1%. ...... Read More |
February 22, 2024 |
Commercial Electric Aircraft Industry worth $1,467 million by 2035The report "Commercial Electric Aircraft Market by Platform (Regional Transport Aircraft, Business Jets), Range (<200 Km, 200-500 Km, >500 Km), Power (100-500 kW, >500 kW) and Region (North America, Europe, Asia Pacific, Rest of the World) - Global Forecast to 2035" The Commercial Electric Aircraft Market is estimated to be USD 97 million in 2026 to USD 692 million in 2031 and is projected to reach USD 1,467 million by 2035, at a CAGR of 20.7% from 2031 to 2035 ...... Read More |
February 22, 2024 |
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