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Microbiome Diagnostics Market worth $300 million by 2028

The 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.

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February 22, 2024

Industry 5.0 Industry worth $255.7 billion by 2029

The 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

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February 22, 2024

Next Generation Emergency Response System Market worth $3.3 billion by 2028

According 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.

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February 22, 2024

Electric Vehicles Battery Recycling Market worth $56.3 billion by 2031

The 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.

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February 21, 2024

Plate and Tube Heat Exchanger Market worth $884 million by 2028

The 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.

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February 21, 2024

Global Machine Tools Industry worth $104.7 billion by 2030

According 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%.

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February 21, 2024

EMC Shielding and Test Equipment Industry worth $11.3 billion by 2029

According 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.

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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.

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February 21, 2024

Omega-3 Industry worth $7.4 billion by 2029

According 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.

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February 20, 2024

Automotive Transmission Market worth $84.2 billion by 2028

According 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.

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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.

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February 20, 2024

Electronic Clinical Outcome Assessment (eCOA) Solution Market worth $4.1 billion by 2029

The 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%.

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February 20, 2024

Antifog Films & Sheets Market worth $4.8 billion by 2028

The 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.

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February 20, 2024

Underwater Warfare Industry worth $5.7 billion by 2028

The 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.

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February 19, 2024

Translation Management Systems Industry worth $5.7 billion by 2030

According 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.

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February 19, 2024

Agricultural Lubricant Market worth $7.7 billion by 2028

The 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.

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February 19, 2024

Industrial Metrology Industry worth $20.6 billion by 2029

The 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.

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February 19, 2024

Wearable Healthcare Devices Market worth $69.2 billion by 2028

The 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.

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February 19, 2024

Self-Sovereign Identity (SSI) Industry worth $47.1 billion by 2029

According 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.

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February 18, 2024

Future of CV Depot Charging Market worth $30.7 billion in 2030

According 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.

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February 16, 2024

Reticulated Foam Market worth $683 million by 2028

The 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.

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February 16, 2024

Real World Evidence Solutions Market worth $4.5 billion by 2029

The 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%.

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February 16, 2024

Smart Cities Industry worth $1,114.4 billion by 2028

According 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.

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February 16, 2024

Mid and High-Level Precision GPS Receiver Industry worth $5.2 billion by 2029

The report "Mid and High-Level Precision GPS Receiver Market by Type (Differential Grade, Survey Grade), Functional Deployment (Navigation, Surveying and Mapping), Frequency Type (Single, Dual, Triple), End-user Industry and Region - Global Forecast to 2029" The global mid and high-level precision GPS receiver Industry Size is expected to be valued at USD 3.4 billion in 2024 and is projected to reach USD 5.2 billion by 2029; it is expected to grow at a CAGR of 8.8% from 2024 to 2029. The growth of the mid and high-level precision GPS receiver industry is propelled by rising urban developments in emerging economies, growing awareness towards precision agriculture, and automation in various industries. However, security concerns in critical applications and slow acceptance of new technologies restrain the market's growth.

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February 16, 2024

Hernia Repair Market worth $5.1 billion by 2029

The report "Hernia Repair Market by Product (Mesh (Synthetic, Biologic), Suture (Absorbable, Non-Absorbable), Tack, Glue Applicator), Indication (Inguinal, Incisional, Umbilical, Epigastric, Femoral, Hiatal), Surgery, End-user - Global Forecast to 2029", size is expected to grow from an estimated USD 4.1 billion in 2024 to USD 5.1 billion by 2029, at a CAGR of 4.2%. Factors such as increasing hernia prevalence, rising geriatric population, technological advancement, increasing adoption of mesh in hernia repair surgeries, new product development, effectiveness of mesh repair and efficient reimbursement system are high growth prospects for the hernia repair market during the forecast period.

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February 15, 2024

NDT and Inspection Industry worth $18.4 billion by 2029

The report "NDT and Inspection Market by Technique (Ultrasonic Testing, Visual, Magnetic Particle, Liquid Penetration, Eddy-Current, Radiographic, Acoustic Emission), Service, Method, Vertical, Application and Region - Global Forecast to 2029" The NDT and inspection industry is expected to reach USD 18.4 billion by 2029 from 11.6 billion in 2024, at a CAGR of 9.6% during the 2024-2029 period. Various companies are investing in NDT and Inspection which gives an opportunity for growth in the NDT and Inspection industry . The NDT and Inspection industry is continuously developing, with the presence of multiple players. North America is likely to contribute significantly to the growth of the NDT and Inspection industry . Similarly, the Asia Pacific, Europe, and RoW regions are expected to be the growing market for the forecasted period.

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February 15, 2024

Cloud Migration Services Industry worth $29.2 billion by 2028

According to a research report "Cloud Migration Services Market by Offering (Service Type (Assessment & Planning, Managed Cloud), Deployment Mode), Application (SCM, BI & Analytics), Migration Type (Infrastructure, Data Migration), Vertical and Region - Global Forecast to 2028" published by MarketsandMarkets, the cloud migration services market is projected to grow from USD 10.2 billion in 2023 to USD 29.2 billion by 2028, at a compound annual growth rate (CAGR) of 23.3% during the forecast period. The cloud migration services market is expected to grow significantly during the forecast period, owing to numerous business drivers such as rising demand for better agility and automation, and seamless integration and compatibility of enterprises with the evolving landscape of cloud technology.

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February 15, 2024

Recycling Water Filtration Industry worth $3.8 billion by 2028

According to a research report "Recycling Water Filtration Market by Product Type (Sand, Multimedia, Activated Carbon, Membrane Filters), Membrane Type (Reverse Osmosis, Ultrafiltration, Microfiltration, Nanofiltration), Maximum Flow Rate, End User and Region - Global Forecast to 2028" published by MarketsandMarkets, Recycling water filtration market is projected to reach USD 3.8 billion by 2028 from an estimated USD 2.7 billion in 2023, at a CAGR of 7.5% during the forecast period.

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February 15, 2024

Brine Concentration Minerals Market worth $1.7 billion by 2029

The report "Brine Concentration Minerals Market by Type (Sodium derivatives, Magnesium derivatives, Calcium derivatives, Potassium dereivatives), Technology (Solar evaporation, NF-RO-MF, Osmotically assisted RO), Application, and Region - Global Forecast to 2029", is USD 1.1 billion in 2024 and is projected to reach USD 1.7 billion by 2029, at a CAGR of 8.1% from USD 1.1 billion in 2024.

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February 15, 2024

Pharmacogenomics Market worth $5.8 billion by 2028

The report "Pharmacogenomics Market by Product & Service (Kits & Reagents), Technology (Sequencing, PCR, Microarray), Application(Drug Discovery, Clinical Research, Personalized Medicine), Disease Area (Cancer, Neurological, Cardiovascular) - Global Forecast to 2028", is projected to reach USD 5.8 billion by 2028 from an estimated USD 3.5 billion in 2023, at a CAGR of 10.6% during the forecast period. The increasing focus on the translational approach to optimize drug development processes, increasing collaborations and partnerships between key players and research institutes, and rising incidence of cancer are the major driving factors of the pharmacogenomics market. However, concern regarding drug response variability, and challenges in data integration and interpretation are the major restraining factors of the pharmacogenomics market.

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February 14, 2024

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