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Home › Press Releases
Press Releases
Title | Date |
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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 |
Microbiome Diagnostics Market worth $300 million by 2028The report "Microbiome Diagnostics Market by Product (Kits & Reagents, Instruments), Technology (16s rRNA Sequencing, Shot Gun Metagenomics, Metatranscriptomics), Sample (Fecal, Saliva, Skin), Application (GI, Metabolic Disorders) - Global Forecast to 2028", is projected to reach USD 300 million by 2028 from USD 146 million in 2023, at a CAGR of 15.5% during the forecast period. The microbiome diagnostics market is driven by the growing demand of personalized medicine, the collaborative efforts between the microbiome industry and academia for microbiome research and increasing incidences of diseases in the microbiome-based diagnostics market. Growth in emerging countries and increased collaboration of industry players to work on new microbiome technology are anticipated to offer lucrative growth opportunities for the microbiome diagnostics market. ...... Read More |
February 22, 2024 |
Industry 5.0 Industry worth $255.7 billion by 2029The report "Industry 5.0 Market by Technology (Digital Twin, Al in Manufacturing, Industrial Sensors, Augmented & Virtual Reality, Industrial 3D Printing, Robotics), Sustainability (Waste-to-Energy Conversion, Recycle, Material), Industry - Global Forecast to 2029" The global industry 5.0 Industry is expected to be valued at USD 65.8 billion in 2024 and is projected to reach USD 255.7 billion by 2029; it is expected to grow at a CAGR of 31.2 % from 2024 to 2029. Several factors are propelling the growth of the Industry 5.0 Industry across diverse industries, including rapid technological advancements in artificial intelligence, robotics, the Internet of Things (IoT), and industrial 3d printing. This evolution responds to the increasing demand for customized products and personalized experiences, fostering a human-centric approach to manufacturing that empowers workers with advanced tools and technologies ...... Read More |
February 22, 2024 |
Next Generation Emergency Response System Market worth $3.3 billion by 2028According to a research report "Next Generation Emergency Response System Market by End User (Public Safety Answering Points, Law Enforcement Agencies, Fire Departments, Emergency Medical Services, Search & Rescue Teams, Hazardous Materials Response Units) - Global Forecast to 2028" published by MarketsandMarkets, the next generation emergency response system market size is projected to grow from USD 2.4 billion in 2023 to USD 3.3 billion by 2028, at a CAGR of 7.0% during the forecast period. ...... Read More |
February 22, 2024 |
Electric Vehicles Battery Recycling Market worth $56.3 billion by 2031The report "Electric Vehicles Battery Recycling Market by Source (Passenger Vehicles, Commercial Vehicles, E-Bikes), Chemistry (Li-NMC, LFP, LMO, LTO, NCA), Process, and Region (North America, Europe, Asia Pacific) - Global Forecast to 2031", is projected to grow from USD 9.0 billion in 2023 to USD 56.3 billion by 2031, at a CAGR of 25.8% during the forecast period. High demand from the automotive and consumer electronic sector is expected to drive the EV Battery Recycling Market. ...... Read More |
February 21, 2024 |
Plate and Tube Heat Exchanger Market worth $884 million by 2028The report "Plate and Tube Heat Exchanger Market by Material Type (Stainless Steel, Titanium Alloy, Copper, Aluminum, Nickel Alloys), End-use Industry (Chemical, Petrochemical & Oil, Gas, HVAC & Refrigeration, Power Generation), & Region - Global Forecast to 2028", is projected to reach USD 884 million by 2028, at a CAGR of 6.5% from USD 645 million in 2023. ...... Read More |
February 21, 2024 |
Global Machine Tools Industry worth $104.7 billion by 2030According to a research report "Global Machine Tools Market by Product Type (Milling Machines, Turning Machines, Grinding Machines, EDM), Automation Type (CNC and Conventional), End-User Industry (Automotive, Capital Goods), Sales Channel and Region - Global Forecast to 2030" published by MarketsandMarkets, the global machine tools market is projected to grow from USD 78.6 billion in 2023 to USD 104.7 billion by 2030, registering a CAGR of 4.2%. ...... Read More |
February 21, 2024 |
EMC Shielding and Test Equipment Industry worth $11.3 billion by 2029According to the new market research report "EMC Shielding and Test Equipment Market by Material (Conductive Coatings & Paints, Conductive Polymers, EMC Filters), Test Equipment (Spectrum Analyzers, EMI Receivers, Amplifiers, Test Chambers) Method (Radiation, Conduction) - Global Forecast to 2029" The global EMC shielding and test equipment industry size is expected to be valued at USD 8.4 billion in 2024 and is projected to reach USD 11.3 billion by 2029; it is expected to grow at a CAGR of 6.2% from 2024 to 2029. The EMC shielding and test equipment industry is driven by the demand for energy efficiency in telecommunications and automotive sectors, aligning with rising adoption of electric vehicles and integration of 5G technology. ...... Read More |
February 21, 2024 |
Organ-On-Chip Industry worth $631,073 thousand by 2029, with a CAGR of 38.6%The report "Organ-On-Chip Market by Organ Type (Liver, Kidney, Intestine, Lung, Heart), Products (Instruments, Consumable, Software), Services (Standard, Custom), Model Type, Application (Toxicology, Drug Discovery, Stem Cell), Purpose - Global Forecast to 2029", is expected reach USD 631,073 thousand by 2029 from USD 123,285 thousand in 2024, at a CAGR of 38.6% during the forecast period. ...... Read More |
February 21, 2024 |
Omega-3 Industry worth $7.4 billion by 2029According to a research report "Omega-3 Market by Type (DHA, EPA, AND ALA), Application (Dietary Supplements, Functional Foods & Beverages, Pharmaceuticals, Infant Formula, and Pet Food & Feed), Source (Marine and Plant), and Region - Global Forecast to 2029" published by MarketsandMarkets, the global market for omega-3 is estimated at USD 3.9 billion in 2024 and is projected to reach USD 7.4 billion by 2029, at a CAGR of 13.5% during the forecast period. Innovative product technologies in the Omega-3 market involve advancing and applying novel methods, formulations, and delivery techniques tailored to Omega-3 products. These innovations are aimed at improving various aspects, such as the effectiveness, absorption, stability, taste, and convenience of Omega-3 supplements and fortified foods. For instance, encapsulating Omega-3 oils within microscopic particles serves to shield them from degradation and undesirable flavors, thus enhancing their stability and palatability. Similarly, the development of targeted delivery systems allows Omega-3 supplements to specifically address the needs of different body tissues or organs, such as brain-targeted formulations for cognitive health or joint-specific products for supporting joint function. These technological advancements contribute to enhancing the overall appeal of Omega-3 products to consumers and consequently play a significant role in propelling market growth. ...... Read More |
February 20, 2024 |
Automotive Transmission Market worth $84.2 billion by 2028According to a research report "Automotive Transmission Market by Transmission Type (Manual Transmission, Automatic Transmission, CVT, DCT, AMT), Fuel Type, Vehicle Type, Hybrid Vehicle, Two-Wheeler Transmission, Number of Forward Gears and Region - Global Forecast to 2028" published by MarketsandMarkets, the global automotive transmission market is projected to grow from USD 62.4 billion in 2023 to USD 84.2 billion by 2028, at a CAGR of 6.2% from 2023 to 2028. ...... Read More |
February 20, 2024 |
Contrast Media Industry worth $9.7 billion by 2029, with a CAGR of 7.5%The report "Contrast Media Market by Type (Iodinated Contrast Media), Form (Liquid, Powder), Modality (X-ray, CT, MRI, Ultrasound), Route of Administration (Oral, Rectal), Indication (Cancer, Neurological, GI, Musculoskeletal Disorders) - Global Forecast to 2029", is projected to reach USD 9.7 billion by 2029 from USD 6.3 billion in 2023, at a CAGR of 7.5% during the forecast period. Growth in the contrast media market is mainly driven by the rising number of diagnostic centers and hospitals, growing approvals of contrast media, and availability of reimbursement. Increasing research on contrast media and growth opportunities in emerging economies also contribute to the growth of the market. In addition, emerging markets such as India and China are expected to offer growth opportunities for players operating in the contrast media market during the forecast period. However, side effects associated with the use of contrast media are restricting the growth of this market. ...... Read More |
February 20, 2024 |
Electronic Clinical Outcome Assessment (eCOA) Solution Market worth $4.1 billion by 2029The report "Electronic Clinical Outcome Assessment (eCOA) Solution Market by Modality (Wearable, Mobile, BYOD), Type (PRO, CLINRO, OBSRO, PERFO), Application ((Clinical trial (Onco, Rare, Mental Health)), RWE, Registery), End User - Global Forecast to 2029", is projected to reach USD 4.1 billion by 2029 from USD 1.9 billion in 2024, at a CAGR 16.3%. ...... Read More |
February 20, 2024 |
Antifog Films & Sheets Market worth $4.8 billion by 2028The report "Antifog Films & Sheets Market by Type (Polyester Films, BOPP Films, Polycarbonate Films), Application (Food Packaging Films, Agricultural Films, Windshields, Mirrors), Technology (Kneading Surfactant, UV Coatings), and Region - Global Forecast to 2028", size is projected to grow from USD 3.7 billion in 2023 to USD 4.8 billion by 2028, at a CAGR of 5.1% from 2023 to 2028. Antifog films and sheets are specialized materials designed to prevent the formation of condensation or fog on transparent surfaces. These surfaces can include glass or plastic, and antifog solutions are applied to maintain clear visibility. The primary purpose of antifog films and sheets is to enhance visual clarity by reducing or eliminating the occurrence of fogging, especially in conditions where temperature or humidity variations may lead to condensation. The growing trend toward convenience foods and on-the-go consumption has led to an increased demand for clear and attractive packaging. Antifog films play a crucial role in maintaining the visual appeal of these packaged convenience foods. ...... Read More |
February 20, 2024 |
Underwater Warfare Industry worth $5.7 billion by 2028The report "Underwater Warfare Industry by Systems (Sonar, Electronic Warfare, Weapons, Communications, Unmanned), Platform (Submarine, Surface Ship, Naval Helicopter), Capability (Attack, Protect, Support) and Region - Global Forecast to 2028" The market is valued at USD 3.7 billion in 2023 and is projected to reach USD 5.7 billion by 2028, at a CAGR of 9.0% from 2023 to 2028. The Underwater Warfare Industry is driven by the increasing demand for undersea warfare systems due to rising disputes over offshore resources, trade routes, and maritime borders. Governments are actively strengthening their maritime bases to maintain underwater security by developing advanced undersea warfare technologies. The underwater warfare market growth is driven by technological advancements, including the integration of unmanned naval systems, stealth submarines, uncrewed vehicles, and enhanced sonar detection ranges. ...... Read More |
February 19, 2024 |
Translation Management Systems Industry worth $5.7 billion by 2030According to a research report "Translation Management Systems Market by Software (Machine Translation, Localization, Linguistic QA, Terminology Management), Content Type (Audio, Video, Text), Application (Project Management, Billing & Invoice Analysis) - Global Forecast to 2030" published by MarketsandMarkets, the translation management systems market is set to experience rapid growth, projected to surge from USD 2.2 billion in 2024 to USD 5.7 billion by 2030, at a CAGR of 17.2% during the forecast period of 2024–2030. the proliferation of digital content across various platforms such as websites, mobile apps, social media, and e-commerce platforms and advancements in natural language processing (NLP), machine learning, and artificial intelligence (AI) are driving forces propelling the translation management systems market forward. Translation management systems leverage these technologies to automate translation workflows, improve translation quality, and reduce turnaround times. ...... Read More |
February 19, 2024 |
Agricultural Lubricant Market worth $7.7 billion by 2028The report "Agricultural Lubricant Market by Product Type (Engine Oil, UTTO, Coolant, Grease), Category (Mineral Oil-Based Lubricants, Synthetic Oil-Based Lubricants, Bio-Based), Sales Channel (Oems And Aftermarket), and Region - Global Forecast to 2028", is projected to grow from USD 6.3 billion in 2023 to USD 7.7 billion by 2028, at a CAGR of 3.9 % during the forecast period. High demand from the increasing adoption of modern farming techniques and equipment is expected to drive the Agricultural lubricant market. ...... Read More |
February 19, 2024 |
Industrial Metrology Industry worth $20.6 billion by 2029The report "Industrial Metrology Market by Offering (Hardware, Software, Services), Equipment (CMM, ODS, X-ray, CT), Application, End-User Industry (Aerospace & Defense, Automotive, Manufacturing, Semiconductor) and Region - Global Forecast to 2029" The global industrial metrology market was valued at USD 14.9 billion in 2024 and is projected to reach USD 20.6 billion by 2029, registering a CAGR of 6.7% during the forecast period. The industrial metrology market is primarily driven by the increasing demand for quality and inspection equipment in the precision manufacturing industry. There is a growing focus on manufacturing superior- and uniform-quality products, which necessitates the use of advanced metrology solutions for precise measurement and inspection. Additionally, the surging demand for big data analytics is contributing to the growth of the industrial metrology market as manufacturers seek to leverage data-driven insights for process optimization and quality control. ...... Read More |
February 19, 2024 |
Wearable Healthcare Devices Market worth $69.2 billion by 2028The report "Wearable Healthcare Devices Market by Product (Trackers, Smartwatch, Patches), Type (Diagnostic (Vital Sign, ECG, Glucose), Therapeutic (Pain, Insulin)), Grade (Consumer, Clinical), Channel (Online, Pharmacies), Application (RPM) - Global Forecast to 2028", is valued at an estimated USD 40.7 billion in 2023 and is projected to reach USD 69.2 billion by 2028 at a CAGR of 11.2% during the forecast period. ...... Read More |
February 19, 2024 |
Self-Sovereign Identity (SSI) Industry worth $47.1 billion by 2029According to a research report "Self-Sovereign Identity (SSI) Market by Offering (Solutions and Services), Identity Type (Biometrics and Non-biometrics), Network, Organization Size, Vertical (BFSI, IT & ITES, and Healthcare) and Region - Global Forecast to 2029" published by MarketsandMarkets, the global self-sovereign identity (SSI) market size is projected to grow from USD 1.8 billion in 2024 to USD 47.1 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 90.5% during the forecast period. The increasing prevalence of identity theft is compelling organizations to adopt self-sovereign identity (SSI) solutions for more robust authentication and identity protection. Concurrently, small and medium-sized enterprises (SMEs) drive SSI growth through innovative technologies and partnerships, offering tailored identity management solutions across sectors. ...... Read More |
February 18, 2024 |
Future of CV Depot Charging Market worth $30.7 billion in 2030According to a research report "Future of CV Depot Charging Market by Vehicle Type (eLCV, eMCV, eHCV and eBuses), Charger Type (AC and DC), and Region (Asia Pacific, North America, Europe) - Global Forecast to 2030" published by MarketsandMarkets, the CV depot charging market size for chargers of new vehicles was USD 4.7 billion in 2023 and is projected to reach USD 30.7 billion in 2030, witnessing a CAGR of 28.2% from 2024 to 2030. The report also includes the analysis of number of chargers for new vehicles in depot setting, number of chargers for ECV parc in depot setting, cost of chargers (including installation cost) for new vehicles in depot setting, energy demands and cost of energy. ...... Read More |
February 16, 2024 |
Reticulated Foam Market worth $683 million by 2028The report "Reticulated Foam Market by Type (Reticulated Polyether Foam And Reticulated Polyester Foam ), Porosity (High, Moderate, Less), Application (Filtration, Sound Absorption, Fluid Management, Cleaning Products, Others), and Region - Global Forecast to 2028", size is projected to grow from USD 506 million in 2023 and reach USD 683 million by 2028, at a CAGR of 6.2% from 2023 to 2028. The growing focus on air quality in various industries, including automotive, healthcare, and electronics, is a key driver for the reticulated foam market. ...... Read More |
February 16, 2024 |
Real World Evidence Solutions Market worth $4.5 billion by 2029The report "Real World Evidence Solutions Market by Component (Data Sets: Clinical, Claims, Pharmacy, Patients, Registry, Integrated), Application (Drug & Device Development), Revenue Model (Value-based, Subscription), End User - Global Forecast to 2029", is projected to reach USD 4.5 billion by 2029 from USD 2.0 billion in 2024, at a CAGR of 16.9%. ...... Read More |
February 16, 2024 |
Smart Cities Industry worth $1,114.4 billion by 2028According to a research report "Smart Cities Market by Focus Area, Smart Transportation, Smart Buildings, Smart Utilities, Smart Citizen Services (Public Safety, Smart Healthcare, Smart Education, Smart Street Lighting, and E-Governance) and Region - Global Forecast to 2028" published by MarketsandMarkets, the smart cities market is expected to reach USD 1,114.4 billion by 2028 from USD 549.1 billion in 2023, at a CAGR of 15.2 % during 2023–2028. ...... Read More |
February 16, 2024 |
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