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Home › Press Releases
Press Releases
Title | Date |
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Mid and High-Level Precision GPS Receiver Industry worth $5.2 billion by 2029The 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. ...... Read More |
February 16, 2024 |
Hernia Repair Market worth $5.1 billion by 2029The 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. ...... Read More |
February 15, 2024 |
NDT and Inspection Industry worth $18.4 billion by 2029The 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. ...... Read More |
February 15, 2024 |
Cloud Migration Services Industry worth $29.2 billion by 2028According 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. ...... Read More |
February 15, 2024 |
Recycling Water Filtration Industry worth $3.8 billion by 2028According 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. ...... Read More |
February 15, 2024 |
Brine Concentration Minerals Market worth $1.7 billion by 2029The 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. ...... Read More |
February 15, 2024 |
Pharmacogenomics Market worth $5.8 billion by 2028The 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. ...... Read More |
February 14, 2024 |
Satellite Data Services Industry worth $20.9 billion by 2028According to a research report "Satellite Data Services Industry by Vertical (Engineering & Infrastructure, Defense & Security, Agriculture), End-Use (Government & Military, Commercial), Service (Image Data, Data Analytics), Deployment and Region - Global Forecast to 2028" The Satellite Data Services Industry is valued at USD 9.3 billion in 2023 and is projected to reach USD 20.9 billion by 2028, at a CAGR of 17.5% from 2023 to 2028. The satellite data services market encompasses the provision of geospatial information and imagery through satellite-based platforms. ...... Read More |
February 14, 2024 |
LED Packaging Industry worth $19.4 billion by 2029The report "LED Packaging Market by Package Type (SMD, COB, CSP), Power Range (Low-&Mid-Power LED Packages, High-Power LED Packages), Wavelength (Visible & Infrared, Deep UV), Packaging Component (Equipment, Material), Application & Region - Global Forecast to 2029" The LED Packaging Market is expected to reach USD 19.4 billion by 2029 from USD 16.0 billion in 2024, at a CAGR of 3.9% during the 2024–2029 period.The major factors driving the growth of the LED packaging equipment market include the growing adoption in automotive lighting solutions and the surging prices of packaged LEDs. Additionally, the ongoing developments towards advanced LED packaging technologies are expected to create growth opportunities for the LED packaging market in the future. ...... Read More |
February 14, 2024 |
Managed Security Services Industry worth $52.9 billion by 2028According to a research report "Managed Security Services Market by Service Type (Managed IAM, MDR, Managed SIEM, Log Management), Type (Fully Managed & Co-managed), Security Type (Network, Cloud, Endpoint, Application), Organization Size, Vertical, & Region - Global Forecast to 2028" published by MarketsandMarkets, the global MSS market size is expected to grow from USD 30.6 billion in 2023 to USD 52.9 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 11.5% during the forecast period. The escalation of cyberattacks and sophisticated breaches across enterprises are driving organizations to seek expert help in navigating the complex and ever-evolving threat landscape. Also, the stringent government regulations are demanding robust data security further driving the global managed security services market. ...... Read More |
February 14, 2024 |
Epoxidized Soybean Oil Market worth $648 million by 2028The report "Epoxidized Soybean Oil Market by Raw Material (Soybean Oil, Hydrogen Peroxide), Application (Plasticizers, UV Cure Applications, Fuel Additives), End-use Application (Foods & Beverages, Adhesives & Sealants, Automotives) - Global Forecast to 2028", is projected to grow from USD 494 million in 2023 to USD 648 million by 2028, at a CAGR of 5.6% during the forecast period ...... Read More |
February 14, 2024 |
Organic Peroxide Market worth $2.6 billion by 2030The report "Organic Peroxide Market by Type (Diacyl, Ketone, Percarbonate, Dialkyl, Hydroperoxides, Peroxyketal, Peroxyester), Application (Chemicals & Plastics, Coatings, Adhesives & Elastomers, Paper & Textiles, Detergents), and Region - Global Forecast to 2030", size is projected to grow from USD 1.9 billion in 2023 to USD 2.6 billion by 2030, at a CAGR of 4.2% from 2023 to 2030. ...... Read More |
February 13, 2024 |
Access Control Industry worth $15.2 billion by 2029The report "Access Control Market by Offering (Hardware-Card-based, Biometric, & Multi-technology Readers, Electronics Locks, Controllers; Software; Services), ACaaS (Hosted, Managed, Hybrid), Vertical and Region - Global Forecast to 2029" The access control market is projected to grow from USD 10.4 billion in 2024 and is expected to reach USD 15.2 billion by 2029, growing at a CAGR of 7.8% from 2024 to 2029. Access control systems provide improved operational efficiency and cost savings as it streamlines access management processes, reducing administrative workload and manual tasks. It also provides enhanced security and minimizes losses from theft or data breaches, leading to cost savings in the long run. ...... Read More |
February 13, 2024 |
Fleet Management Industry worth $55.6 billion by 2028According to a research report "Fleet Management Market By Solutions (Operations Management, Vehicle Maintenance & Diagnostics, Fleet Analytics & Reporting, Compliance Management, Performance Management), Fleet Type (Commercial Fleets, Passenger Vehicles) - Global Forecast to 2028 published by MarketsandMarkets, the fleet management market is expected to reach USD 55.6 billion by 2028 from USD 28.6 billion in 2023, at a Compound Annual Growth Rate (CAGR) of 14.2% during 2023–2028. The fleet management industry is driven primarily by the increasing prevalence of automation technology. Companies are progressively incorporating automation into a broader range of operational aspects, particularly fleet management systems for maintenance reminders, dispatching, and route planning. Human resources are freed up by this adoption to concentrate on more strategically important work. The sector is seeing a transition towards automated processes, and automated fleet management jobs' increased efficiency, lower operating overhead, and better decision-making capabilities are significant factors driving the market's expansion. ...... Read More |
February 13, 2024 |
Semiconductor Intellectual Property (IP) Industry worth $11.2 billion by 2029The report "Semiconductor Intellectual Property (IP) Market by Design IP (Processor IP, Memory IP, Interface IP), IP Source (Royalty, Licensing), IP Core (Hard IP, Soft IP), Interface Type, End User, Vertical and Region - Global Forecast to 2029" The semiconductor intellectual property (IP) market was valued at USD 7.5 billion in 2024 and is projected to reach USD 11.2 billion by 2029; it is expected to grow at a CAGR of 8.5% from 2024 to 2029. Advancements in multicore technology for consumer electronics, increasing demand for modern System-on-chip (SoC) designs, and decline in cost associated with chip designing are some of the key drivers driving the growth of semiconductor intellectual property (IP) market. ...... Read More |
February 13, 2024 |
Industrial Gases Market worth $137.9 billion by 2028The report "Industrial Gases Market by Type (Oxygen, Nitrogen, Hydrogen, Carbon Dioxide, Acetylene, Inert Gases), End-use Industry (Chemicals, Electronics, Food & Beverages, Healthcare, Manufacturing, Metallurgy, and Refining), and Region - Global Forecast to 2028", is projected to grow from USD 105.6 billion in 2023 to USD 137.9 billion by 2028 at a CAGR of 5.5%. ...... Read More |
February 13, 2024 |
Medical Nitrous Oxide Market worth $2.8 billion by 2029The report "Medical Nitrous Oxide Market by Product (Gas, Liquid), Application (Anaesthesia, Pain, Cryosurgery, Surgical Insufflation), End User (Hospital, Home healthcare, Academic, Research Institution), Key Stakeholder & Buying Criteria - Global Forecast to 2029", size is estimated to be USD 2.8 billion by 2029 from USD 1.8 billion in 2023, at a CAGR of 6.6%. Factors propelling the medical nitrous oxid market include the advancements in healthcare infrastructure, increase in number of surgical procedures continues to rise globally, the demand for anesthesia gases, including nitrous oxide, is expected to increase, and demand for non-invasive pain management. ...... Read More |
February 13, 2024 |
Electronic Filtration Market worth $6.0 billion by 2028The report "Electronic Filtration Market by Type (Gas Filter, Liquid Filter, Air Filter), Filter Material, Filtration Technologies, Application, End-use Industry (Consumer Electronics, Industrial Electronics, Semiconductors), and Region - Global Forecast to 2028", size is projected to reach USD 6.0 billion by 2028 from USD 4.0 billion in 2023, at a CAGR of 8.5% during the forecast period. The major drivers for the electronic filtration market are the growing demand for semiconductors in various end-use industries, increasing demand for ultra-pure water in microelectronics, and enhanced cleanroom environments in semiconductors and microelectronics production. High costs associated with advanced filtrations, and the disposal of waste generated through the filtration process are considered restraining factors in this market. Whereas the usage of nanocomposite membranes, and the growth of data centers and cloud computing services act as opportunities in the market. ...... Read More |
February 12, 2024 |
Green Technology & Sustainability Industry worth $134.9 billion by 2030According to a research report "Green Technology & Sustainability Market by Offering (Solutions, and Services), Technology (IOT, Al & ML, Cloud Computing, Edge Computing, Digital Twin, Blockchain), Vertical (Manufacturing, Energy & Utilities) and Region - Global Forecast to 2030" published by MarketsandMarkets, the global market for Green technology & sustainability is projected to grow from USD 28.6 billion in 2024 to USD 134.9 billion by 2030, at a CAGR of 29.5% during the forecast period. Recognizing the pivotal role of individuals and green technology companies in shaping the intersection of sustainability and digital transformation is paramount. Informed choices, adoption of sustainable technologies, and support for sustainable implementation collectively pave the way for a greener, more sustainable future where innovation and environmental stewardship harmonize seamlessly. Technologies such as artificial intelligence and machine learning are increasingly optimizing energy consumption, predicting environmental trends, and developing sustainable solutions. These technologies will continue to play a significant role in shaping the sustainability landscape. The adoption of carbon pricing mechanisms and emissions trading schemes will incentivize businesses to reduce carbon emissions, with digital technologies facilitating monitoring and reporting, making compliance more manageable. ...... Read More |
February 12, 2024 |
Carbon & Graphite Felt Market worth $871 million by 2029The report "Carbon & Graphite Felt Market by Product Type (Soft Felt and Rigid Felt), Raw Material type (PAN, Rayon, and Pitch), Type (Carbon Felt and Graphite Felt), Application (Furnace, Batteries, and Filters), and Region - Global Forecast 2029", is estimated at USD 551 million in 2024 and is projected to reach USD 871 million by 2029, at a CAGR of 9.6% from 2024 to 2029. Carbon felts and graphite felts are non-woven fabric that has been made from PAN, pitch and rayong type raw material. These non-woven fabric gets passed through various processes such as graphitizing, carbonizing, pressing, mixing in order to form carbon & graphite felts. ...... Read More |
February 12, 2024 |
Transfection Technologies Market worth $1.8 billion by 2028The report "Transfection Technologies Market by Product (Kits, Equipment), Method (Physical (Electroporation, Microinjection), Biochemical (Lipofection, Calcium Phosphate), Viral), Application (Biomedical Research, Therapeutic Delivery) - Global Forecast to 2028 ", is projected to reach USD 1.8 billion by 2028 from an estimated USD 1.2 billion in 2023, at a CAGR of 9.4% during the forecast period. Increasing demand for advanced therapies owing to the rising prevalence of chronic diseases, along with the increasing R&D expenditure for drug discovery and development, is also aiding the adoption of transfection technologies. However, limited transfection efficiency and stringent regulatory standards are the major restraints to market growth. ...... Read More |
February 12, 2024 |
Hydrogen Fuel Cell Vehicle Market worth $2.1 billion by 2030According to a research report "Hydrogen Fuel Cell Vehicle Market by Vehicle Type (Buses, Trucks, LCVs, Passenger Cars), Component, Fuel Type, Hydrogen Fuel Points, Operating Miles, Power, Capacity, Specialized Vehicle Type and Region - Global Forecast to 2030" published by MarketsandMarkets, the global hydrogen fuel cell vehicle market is projected to grow from USD 0.2 billion in 2024 to USD 2.1 billion by 2030, at a CAGR of 48.0%. ...... Read More |
February 12, 2024 |
Machine-to-machine (M2M) Connections Industry worth $5.3 billion units by 2029The report "Machine-to-machine (M2M) Connections Market by Technology (Wired, Wireless), End-user Industry (Automotive & Transportation, Utilities, Security & Surveillance, Healthcare, Retail, Consumer Electronics) and Region - Global Forecast to 2029" The machine-to-machine (M2M) connections industry size is projected to grow from USD 2.9 billion units in 2024 to USD 5.3 billion units by 2029, registering a CAGR of 12.7% during the forecast period. The market growth is attributed to increasing support by the government towards M2M connections and the growing popularity of smart cities and connected cars. Furthermore, the emergence of M2M devices in telemedicine is expected to create lucrative opportunities for the market. ...... Read More |
February 9, 2024 |
M2M Satellite Communication Market worth $28.7 billion by 2028According to a research report "M2M Satellite Communication Market by Offering (Hardware, Software Types, Services), Technology (Satellite Constellation (LEO, MEO, GEO), Data Transmission, VSAT, AIS), Vertical (Maritime, Military & Defense) and Region - Global Forecast to 2028" published by MarketsandMarkets, the market for M2M satellite communication will expand at a compound annual growth rate (CAGR) of 13. 1% from USD 15. 5 billion in 2023 to USD 28. 7 billion in 2028. The use of satellite networks to enable seamless communication between machines and devices worldwide is the focus of the M2M satellite communication market. Remote connectivity is made possible for a variety of industries, and it offers robust dependable and often instantaneous data transfer for applications in locations where traditional terrestrial networks might be limited or nonexistent. This market niche is still growing since it can facilitate IOT remote monitoring asset tracking and other critical functions in challenging environments. ...... Read More |
February 9, 2024 |
Wearable Injectors Market worth $15.1 billion by 2029The report "Wearable Injectors Market by Type(On-body, Off-body), Technology (Spring, Motor Drive, Expanding Battery, Rotary Pump), Indications (Diabetes, Immuno- Oncology, Cardiovascular, Chronic Pain), End Users (Hospital & Clinic, Homecare) - Global Forecast to 2029", is expected to reach USD 15.1 billion by 2029 from USD 8.4 billion in 2023, at a CAGR of 10.3%, during the forecast period. ...... Read More |
February 9, 2024 |
Fluorescent Pigment Market worth $498 million by 2028The report "Fluorescent Pigment Market by Formulation (Organic, Inorganic), Characteristic Type, Type, Intensity (High Intensity, Medium Intensity, Low Intensity), Application (Paints & Coatings, Printing Inks), End-Use Industry, & Region - Global Forecast to 2028" Fluorescent pigment market is projected to reach USD 498 million by 2028, at a CAGR of 5.7% from USD 377 million in 2023. ...... Read More |
February 9, 2024 |
Carbon Capture, Utilization, and Storage Market worth $12.9 billion in 2030The report "Carbon Capture, Utilization, and Storage Market by Service (Capture, Transportation, Utilization, Storage), Technology (Chemical Looping, Solvents & Sorbent, Membranes), End-Use Industry, and Region - Global Forecast to 2030", for carbon capture, utilization, and storage is expected to grow at an average CAGR of 24.0%, from USD 3.1 billion in 2023 to USD 12.9 billion in 2030. In order to minimize carbon emissions into the atmosphere, carbon capture, utilization, and storage techniques are primarily used in the oil and gas, power generation, and chemical and petrochemical sectors. Many countries all across the world have proposed deploying this technology to reduce carbon emissions and handle climate change. The market for carbon capture, utilization, and storage is being driven by government initiatives aimed at achieving net zero emissions. ...... Read More |
February 9, 2024 |
Instrument Transformers Industry worth $10.6 billion by 2030According to a research report "Instrument Transformers Market by Type (Current, potential, and combined), Installation (liquid, SF6 gas, solid), Enclosure (indoor and outdoor), Voltage, End-User, and Region (North America, Europe, APAC, Latin America, MEA) - Global Forecast to 2030" published by MarketsandMarkets, the global instrument transformers market is projected to grow from an estimated USD 7.1 billion in 2023 to USD 10.6 billion by 2030, demonstrating a CAGR of 5.8% during the forecasted period. ...... Read More |
February 8, 2024 |
Mining Automation Industry worth $5.1 billion by 2029The report "Mining Automation Market by Equipment (Autonomous Hauling/Mining Trucks, Autonomous Drilling Rigs, Underground LHD Loaders, Tunneling Equipment, Smart Ventilation Systems), Technique (Underground, Surface), Workflow, Region - Global Forecast to 2029" The global mining automation industry size is expected to grow from USD 3.6 billion in 2024 to USD 5.1 billion by 2029, at a CAGR of 7.2% from 2024 to 2029. The global mining industry is experiencing a significant shift towards digital transformation, emphasizing enhancing worker safety and boosting productivity. This trend is propelling the growth of the mining automation industry . The emergence of connected mines and a growing imperative to reduce operational costs further expand the market. These combined factors underscore the dynamic evolution and increasing adoption of automation technologies within the mining sector. ...... Read More |
February 8, 2024 |
Animal Wound Care Industry Worth $2.0 billion by 2029, with a CAGR of 7.4%The report "Animal Wound Care Market by Product (Surgical (Suture, Stapler, Glue), Advanced (Hydrocolloid, Hydrogel Dressing), Traditional (Tape, Dressing), Therapy Device), Animal Type (Cats, Dogs, Horse, Pigs), End User (Hospital, Clinics)- Global Forecast to 2029", is valued at an estimated USD 1.3 billion in 2023 and is projected to reach USD 2.0 billion by 2029, at a CAGR of 7.4% during the forecast period. ...... Read More |
February 8, 2024 |
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