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Home › Press Releases
Press Releases
Title | Date |
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Military Vehicle Electrification Industry worth $20.4 billion by 2030The report "Military Vehicle Electrification Industry by Platform (Combat Vehicles, Support Vehicles, Unmanned Armored Vehicles), System, Technology (Hybrid, Fully Electric), Mode of operation, Voltage Type and Region - Global Forecast to 2030" The Military Vehicle Electrification Industry is estimated to be USD 4.1 billion in 2023 and is projected to reach USD 20.4 billion by 2030, at a CAGR of 25.6 % from 2023 to 2030. The military vehicle electrification market refers to the burgeoning sector within the defense industry dedicated to the integration of electric and hybrid propulsion technologies in military vehicles. This transformative trend seeks to replace or augment traditional internal combustion engines with advanced electric powertrains, encompassing a wide range of platforms such as armored vehicles, transport trucks, and support vehicles. The primary goal is to enhance operational efficiency, reduce dependence on fossil fuels, and mitigate the environmental impact associated with traditional military vehicles. This market encompasses the development, manufacturing, and integration of electric drivetrains, energy storage systems, and associated technologies tailored to meet the unique demands of military operations. ...... Read More |
February 1, 2024 |
Automotive Smart Antenna Market worth $5.2 billion by 2030According to a research report "Automotive Smart Antenna Market by Frequency (High, Very High, & Ultra High), Type (Shark-Fin & Fixed Mast), Component (Transceivers, ECU), Vehicle Type (Passenger Cars, LCV, & HCV), EV (BEV, FCEV, & PHEV) and Region - Global Forecast to 2030" published by MarketsandMarkets, the global automotive smart antenna market is estimated to grow from USD 2.5 billion in 2023 to USD 5.2 billion by 2030, at a CAGR of 10.9%. ...... Read More |
February 1, 2024 |
Cleanroom Lighting Industry worth $1.1 billion by 2029According to the new market research report "Cleanroom Lighting Market by Light Source (LED, Fluorescent), Mounting Type (Recessed and Surface Mounted), End User (Healthcare & Life Science, Industrial Manufacturing, Food & Beverages), Offering and Region - Global Forecast to 2029" The Cleanroom Lighting industry size is projected to reach USD 1.1 billion by 2029 from USD 0.9 billion in 2024; it is expected to grow at a CAGR of 5.4% from 2024 to 2029. Increasing demand for sterile environments for pharmaceutical manufacturing, technological advancements in cleanroom lighting technology, worldwide government support towards building cleanrooms for industries such as semiconductors fabrication and pharmaceuticals and heightened focus on sustainability and green practices across industries underscores the importance of energy-efficient and environmentally friendly lighting solutions to create growth opportunities in this market. ...... Read More |
February 1, 2024 |
Extruded Polystyrene Market worth $6.9 billion by 2028The Report "Extruded Polystyrene Market by Application (Foundation, Roof, Wall, Floor & Ceiling), End-use Industry (Residential, Commercial), and Region (North America, Europe, Asia-Pacific, South America, Middle East and Africa) - Global Forecast to 2028", size was USD 5.6 billion in 2023 to USD 6.9 billion by 2028, at a CAGR of 4.3% from 2023 to 2028. ...... Read More |
January 31, 2024 |
Carrier Screening Market worth $5.4 billion by 2028The report "Carrier Screening Market by Product and Service, Type (Expanded (Customized, Predesigned) Targeted Diseases, Medical condition (Hematologic, Pulmonary), Technology (DNA Sequencing, PCR), End user, Region - Global Forecast to 2028", is expected to reach USD 5.4 billion by 2028 from USD 2.2 billion in 2023, at a CAGR of 19.7% during the forecast period ...... Read More |
January 31, 2024 |
Education Smart Display Industry worth $4.1 billion by 2029The report "Education Smart Display Market by Product Type (Whiteboard, Video Wall), Display Size (Above 55", Up to 55"), Display Technology (LCD, Direct-view LED, OLED), Resolution (4K & Above, FHD, Less than HD & HD) and Region - Global Forecast to 2029" The education smart display market is projected to reach USD 4.1 billion by 2029 from USD 3.4 billion in 2024 at a CAGR of 4.0% during the forecast period. Digital transformation in learning, rising demand for collaborative learning, and technological advancements are some of the major factors contributing to the growth of Education Smart Display market. Moreover, Industry collaborations, involving interactive display manufacturers, content developers, and key players, fuel market expansion, driving innovation and advancing the overall immersive technology ecosystem. ...... Read More |
January 31, 2024 |
Intelligent Building Automation Technologies Market worth $152.4 billion by 2028According to a research report "Intelligent Building Automation Technologies Market by Solution (Facility Management, Security & Access Control, Energy Management, Fire Detection & Prevention), Technology (Sensors, Actuators, Connectivity, Computing) - Global Forecast to 2028 published by MarketsandMarkets, the intelligent building automation technologies market is expected to reach USD 152.4 billion by 2028 from USD 90.2 billion in 2023, at a Compound Annual Growth Rate (CAGR) of 11.0% during 2023–2028. ...... Read More |
January 31, 2024 |
Alginates and Derivatives Industry worth $651 million by 2028According to a research report "Alginates and Derivatives Market by Type (Sodium Alginate, Calcium Alginate, Potassium Alginate, PGA), Application (Food & Beverages, Industrial, Pharmaceuticals), Form (Powder, Liquid, Gel Form), and Region - Global Forecast to 2028" published by MarketsandMarkets, the alginates and derivatives market is estimated at USD 494 million in 2023 and is projected to reach USD 651 million by 2028, at a CAGR of 5.7% from 2023 to 2028. Alginates and their derivatives stand out for their exceptional functional properties, encompassing versatile applications in numerous industries. With remarkable abilities in gelling, thickening, and stabilizing, these substances have become indispensable ingredients in sectors ranging from food and pharmaceuticals to cosmetics. In the food industry, alginates play a key role in enhancing textures and stabilizing formulations, while in pharmaceuticals, they contribute to controlled-release formulations. Additionally, their versatility extends to cosmetics, where they act as natural thickeners, collectively driving demand across diverse industries. ...... Read More |
January 31, 2024 |
Virtual Power Plant Market worth USD 5.5 billion by 2029According to a research report "Virtual Power Plant Market by Technology (Demand Response, Supply Side, Mixed Asset), Vertical (Commercial, Industrial, Residential), Source (Renewable Energy, Storage, Cogeneration), Offering, & Region- Global Forecast to 2029" published by MarketsandMarkets, the global virtual power plant (VPP) market is forecast to reach USD 5.5 billion by 2029 from an estimated USD 1.9 billion in 2024, at a CAGR of 23.4% during the forecast period (2024-2029). ...... Read More |
January 31, 2024 |
Protein Hydrolysates Market worth $4.3 billion by 2028According to a research report "Protein Hydrolysates Market by Product Type (Milk, Meats, Marine, Plant, Egg, Yeast), Application (Infant, Sports, Clinical Nutrition, Weight Management, Dietary Supplements, Animal Feed, FnB), Source, Process, Form and Region - Global Forecast to 2028" published by MarketsandMarkets, the global protein hydrolysates market, valued at USD 3.3 billion in 2023, showcases a remarkable growth projection, anticipated to escalate to USD 4.3 billion by 2028, indicating a robust compound annual growth rate (CAGR) of 5.6% during the forecast period. Protein hydrolysates are products derived from the enzymatic hydrolysis of proteins, breaking them down into smaller peptides and amino acids. This process enhances the bioavailability and digestibility of proteins, making them easier for the body to absorb. One of the key applications of protein hydrolysates is in the food and beverage industry, where they are utilized as ingredients in sports nutrition products, infant formulas, and medical nutrition. These hydrolysates offer a rapid and efficient source of amino acids, facilitating quicker muscle recovery and promoting overall health. Moreover, the pharmaceutical and cosmetic industries also leverage protein hydrolysates for their unique properties. In the agricultural sector, protein hydrolysates find use as organic fertilizers, enhancing plant growth and nutrient absorption. The market's versatility and diverse applications underscore the manifold benefits of protein hydrolysates, making them a sought-after ingredient in various sectors and contributing to the industry's sustained expansion. ...... Read More |
January 30, 2024 |
Cybersecurity Market worth $298.5 billion by 2028According to a research report "Cybersecurity Market by Offering, Solution Type, Services (Professional and Managed), Deployment Mode (On-Premises Cloud, and Hybrid), Organization Size (large enterprises and SMEs), Security Type, Vertical and Region - Global Forecast to 2028" published by MarketsandMarkets, the global cybersecurity market size is projected to grow from USD 190.4 billion in 2023 to USD 298.5 billion by 2028 at a CAGR of 9.4% during the forecast period. The expansion of the cybersecurity market is primarily driven by the escalating number and sophistication of cyber threats as organizations and individuals increasingly operate in a digitally interconnected world. The widespread adoption of technologies like cloud computing, the IoT, and AI further amplifies the need for robust cybersecurity measures. Additionally, stringent regulatory requirements for data protection across various industries compel businesses to enhance their cybersecurity frameworks. The rapid digital transformation, coupled with a heightened awareness of cyber risks, also plays a crucial role in fueling the growth of the cybersecurity market. ...... Read More |
January 30, 2024 |
Automotive Lighting Market worth $30.4 billion by 2030According to a research report "Automotive Lighting Market for ICE & Electric Vehicle by Technology (Halogen, LED, Xenon), Position and Application (Front, Rear, Side, Interior), Adaptive Lighting, Electric Vehicle, Two-Wheeler Position Type and Region - Global Forecast to 2030" published by MarketsandMarkets, the Automotive Lighting Market is projected to grow from an estimated USD 22.5 billion in 2023 to reach USD 30.4 billion by 2030 at a CAGR of 4.4% during the forecast period. ...... Read More |
January 30, 2024 |
Advanced Magnetic Materials Market worth $38.2 billion by 2028The report "Advanced Magnetic Materials Market by Type (Permanent Magnet Materials, Semi-Hard Magnetic Materials, Soft Magnetic Materials), End-Use Industry (Automotive, Electronics, Industrial, Power Generation, Medical), And Region - Global Forecast to 2028", is estimated at USD 24.2 billion in 2023 and is projected to reach USD 38.2 billion by 2028, at a CAGR of 9.5% from 2023 to 2028. The increasing use of advanced magnetic materials in the automotive industry is one of the most significant factors projected to drive the growth of the advanced magnetic materials market. ...... Read More |
January 30, 2024 |
Theranostics Market worth $4.3 billion by 2028The report "Theranostics Market by Product (Diagnostic imaging (PET, CT, MRI), Radiopharmaceuticals (Lu-177, Sm-153, Ra-223, I-131), Biomarker screening, Software), Application (Prostate Cancer, Bone metastasis), & Stakeholder Expectations - Global Forecast to 2028", is projected to reach USD 4.3 billion by 2028 from USD 2.1 billion in 2023, at a CAGR of 15.5% from 2023 to 2028. The major factors driving the growth of this market include rising number of cancer cases and increasing use of radiophamrceuticals for neurological applications. Therastostics find growth opportunities in emerging countries due to rising incidence of targeted diseases and increasing number of hospitals. ...... Read More |
January 30, 2024 |
Management System Certification Industry worth $49.5 billion by 2029The report "Management System Certification Market by Certification Type (Product and Management System Certification), Service Type (Certification & Verification and Training & Business Assurance), Application, Vertical and Region - Global Forecast to 2029" The global management system certification industry size is projected to grow from USD 40.0 billion in 2024 to USD 49.5 billion by 2029, registering a CAGR of 4.3% during the forecast period. ...... Read More |
January 30, 2024 |
Digital Agriculture Market worth $39.8 billion by 2029According to a research report "Digital Agriculture Market Offering, Technology (Peripheral, Core), Operation (Farming & Feeding, Monitoring & Scouting, Marketing & Demand Generation), Type (Hardware, Software, Services), Region - Global Forecast to 2029" published by MarketsandMarkets, the global digital agriculture industry, valued at USD 24.2 billion in 2024, showcases a remarkable growth projection, anticipated to escalate to USD 39.8 billion by 2029, indicating a robust compound annual growth rate (CAGR) of 10.4% during the forecast period. ...... Read More |
January 29, 2024 |
EV Connector Market worth $10.9 billion by 2030According to a research report "EV Connector Market by System Type (Sealed, Unsealed), Application (ADAS and Safety, Battery Management System, Body Control and Interiors), Propulsion (BEV, PHEV, FCEV), Voltage, Connection Type, Component and Region - Global Forecast to 2030" published by MarketsandMarkets, the global EV connector market is projected to grow from USD 2.0 billion in 2023 to USD 10.9 billion by 2030, registering a CAGR of 27.1%. ...... Read More |
January 29, 2024 |
Employee Experience Management Market worth $11.1 billion by 2028According to a research report "Employee Experience Management Market by Software (Integrated Software, Standalone Software), Standalone Software (Employee Survey & Feedback, Employee Engagement, Employee Recognition & Rewards, Employee Performance Management) - Global Forecast to 2028 " published by MarketsandMarkets, the employee experience management market is expected to reach USD 11.1 billion by 2028 from USD 6.8 billion in 2023, at a CAGR of 10.2 % during 2023–2028. ...... Read More |
January 29, 2024 |
Health & Hygiene Packaging Market worth $148.0 billion by 2028The report "Health & Hygiene Packaging Market by Product Type (Films & Sheets, Laminates, Bags & Pouches, Bottles & Jars, Sachets, Labels, Tubes, Boxes & Carton), Form, Shipping Form, Structure, End-user Industry, and Region - Global Forecast to 2028", is approximated to be USD 110.9 billion in 2023, and it is projected to reach USD 148.0 billion by 2028, at a CAGR of 5.9%. The surge in urbanization, evolving lifestyles, increased disposable income, a growing preference for sustainable packaging, and global awareness of hygiene are driving the expansion of the health and hygiene packaging market. However, challenges include the elevated costs of raw materials used in manufacturing packaging products like pouches, bags, roll stock, films, and wraps. Additionally, inadequate recycling infrastructure poses a hindrance to the health and hygiene packaging market. Opportunities arise from the rising demand for sustainable packaging, as it emerges as a superior alternative to traditional materials due to heightened hygiene awareness. ...... Read More |
January 29, 2024 |
Security Solutions Industry worth $502.1 billion by 2029According to the new market research report "Security Solutions Market by Systems (Video Surveillance, Access Control, Thermal Imaging, Fire Protection, Entrance Control, Intruder Alarm), Services (Security Systems Integration, Remote Monitoring, VSaaS, ACaaS), Vertical - Global Forecast to 2029" The global security solutions Industry size is expected to be valued at USD 354.7 billion in 2024 and is projected to reach USD 502.1 billion by 2029; it is expected to grow at a CAGR of 7.2% from 2024 to 2029. The proliferation of smart cities, critical infrastructure projects, and the escalating emphasis on data protection and privacy further propel the demand for innovative security solutions, fostering continuous market expansion. ...... Read More |
January 29, 2024 |
Electrophysiology Market worth $15.1 billion by 2028The report "Electrophysiology Market by Product (Laboratory Devices, Ablation Catheters, Diagnostic Catheters), Indication (Atrial Fibrillation, Atrial Flutter, AVNRT, WPW), End-user (Hospitals & Cardiac Centers), and Region - Global Forecast to 2028", is projected to reach USD 15.1 billion by 2028 from USD 8.2 billion in 2023, growing at a CAGR of 13.0% during the forecast period. Many factors, such as technological advancements, funding and reimbursement, strong healthcare funding, active research funding, a clear regulatory framework, growing minimally invasive procedure adoption, and the presence of key market players in developing regions, are driving the growth of the electrophysiology market. This amalgamation of drivers has engendered substantial market growth. Continued technological advancements, heightened emphasis on non-invasive cancer interventions, and a supportive healthcare ecosystem are anticipated to sustain this upward trajectory. ...... Read More |
January 29, 2024 |
Aircraft Gears Industry worth $403 million by 2028The report "Aircraft Gears Market by Platform (Commercial, Military), End User (OEM, Aftermarket), Gear Types (Spur, Helical, Bevel, Rack and Pinion), Application (APU, Actuators, Pumps, Air Conditioning Compressor) and Region - Global Forecast to 2028" The Aircraft Gears Market is estimated to be USD 325 million in 2023 and is projected to reach USD 403 million by 2028, at a CAGR of 4.4% from 2023 to 2028. The Aircraft Gears market, forecasted globally to 2028, is a combination of technological, economic, and regulatory factors that influence both demand and supply. With a CAGR of 4.4%, a myriad of factors beyond the increased demand for actuators and the fundamental requirements of efficiency and performance in the aerospace industry influence the growth of the aircraft gears market. These factors span technological innovations, market trends, regulatory requirements, and shifts in global defense and commercial aviation strategies. ...... Read More |
January 28, 2024 |
Electric Mid- and Large (9-14m) Bus Market worth 171,000 units by 2030According to a research report "Electric Mid- and Large (9-14m) Bus Market Technology Landscape, Trends and Market Analysis by Propulsion (BEV, FCEV, HEV/PHEV), Configuration (Light & Heavy Duty), Application (City/Transit Bus, Coach, Midi & School Bus) and Region - Global Forecast 2030" published by MarketsandMarkets, the global electric mid- & large bus market size is projected to grow from 66,593 units in 2023 and is expected to cross 171,000 units by 2030, at a CAGR of 14.4%. ...... Read More |
January 26, 2024 |
Ketones Market worth $818.9 million by 2029According to a research report "Ketones Market by Application (Supplements, Food & Beverages, Cosmetics & Personal Care Products), Supplement Type (Ketone Salts, Ketone Esters, Ketone Oils, Raspberry Ketones), Form (Solid, Liquid, Semi- Liquid) and Region - Global Forecast to 2029" published by MarketsandMarkets, The global ketones market is witnessing significant growth, with an estimated value projected to reach USD 818.9 million by 2029 from the 2024 valuation of USD 594.9 million, indicating a substantial Compound Annual Growth Rate (CAGR) of 6.6%.The ketones market is experiencing growth due to increasing consumer awareness of ketogenic lifestyles, rising demand for supplements, and ongoing research and innovation in ketone-related products. ...... Read More |
January 26, 2024 |
Interactive Display Industry worth $16.9 billion by 2029The report "Interactive Display Market by Product (Interactive Kiosk, Whiteboard, Table, Video Wall, Monitor), Technology (LCD, LED, OLED), Panel Size, Panel Type (Flat, Flexible, Transparent), Vertical (Retail, Corporate) and Geography - Global Forecast to 2029" The global interactive display market was valued at USD 12.5 billion in 2024 and is projected to reach USD 16.9 billion by 2029, registering a CAGR of 6.3% during the forecast period. Within the healthcare domain, interactive displays find application in medical imaging, patient education, and collaborative dialogues among healthcare professionals. These displays play a pivotal role in improving communication and encouraging a more interactive approach to healthcare services. Ongoing advancements in display technology, touch sensitivity, and interactive functionalities have significantly increased the versatility and practicality of these displays in the healthcare vertical. ...... Read More |
January 26, 2024 |
Cloud Mobile Backend as a Service (BaaS) Market worth $9.2 billion by 2028According to a research report "Cloud Mobile Backend as a Service (BaaS) Market by Service Type (Cloud Storage & Backup, User Authentication & Authorization, Database Management, Push Notification, Other Service Types), Platform Type (Android, IOS), Application Type (Mobile Apps, Web Apps) - Global Forecast to 2028" published by MarketsandMarkets, the cloud mobile BaaS market size is expected to grow from USD 4.1 billion in 2023 to USD 9.2 billion by 2028 at a compound annual growth rate (CAGR) of 17.5% during the forecast period. ...... Read More |
January 26, 2024 |
Regenerative Medicine Industry worth $49.0 billion by 2028, with a CAGR of 25.1%The report "Regenerative Medicine Market by Product (Stem Cell [Autologous, Allogenic], Immunotherapy, Gene Therapy, Tissue Engineering), Application (Musculoskeletal, Cancer, Dermatology, Wound care, Cardiovascular Diseases, Eye Disorders) - Global Forecast to 2028", is projected to reach USD 49.0 billion by 2028 from USD 16.0 billion in 2023, at a CAGR of 25.1% during the forecast period of 2023 to 2028. ...... Read More |
January 26, 2024 |
Battery Separators Market worth $13.0 billion by 2028The report "Battery Separators Market by Battery Type (Lead Acid and Li-ion), Material (Polyethylene and Polypropylene), Technology (Dry and Wet), End-Use (Automotive, Consumer Electronics, Industrial), and Region - Global Forecast to 2028", is projected to grow from USD 6.3 billion in 2023 to USD 13.0 billion by 2028, at a CAGR of 15.7% during the forecast period. High demand from the automotive and consumer electronic sector is expected to drive the battery separators market. ...... Read More |
January 26, 2024 |
Automotive V2X Market worth $9.5 billion by 2030According to a research report "Automotive V2X Market by Connectivity (DSRC, and C-V2X), Communication (V2V, V2I, V2P, V2G, V2C), Vehicle Type (Passenger Cars & Commercial Vehicles), Propulsion, Offering (Hardware and Software), Unit, Technology and Region - Global Forecast to 2030" published by MarketsandMarkets, the global automotive V2X market is projected to grow from USD 0.5 billion in 2023 to USD 9.5 billion by 2030, at a CAGR of 51.9%. ...... Read More |
January 25, 2024 |
Spinal Implants Market worth $14.3 billion by 2028The report "Spinal Implants Market by Product (Devices (Thoracic, Cervical, Interbody Fusion, Spinal Non-Fusion), Biologics, Stimulators), Application (VCF, Spinal Decompression, Fusion, Non-Fusion), Surgery (Open, MIS), Region & Customer Unmet Need Forecast to 2028", is projected to reach USD 14.3 billion by 2028 from USD 11.2 billion in 2023, growing at a CAGR of 5.0% during the forecast period. The expansion of the spinal implants market is propelled by several synergistic factors, including increasing demand for minimally invasive surgical procedures, escalating spinal disorder prevalence, rising geriatric patient population, growing public-private investments to support for the clinical research and the presence of key market players in developing regions. ...... Read More |
January 25, 2024 |
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