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Healthcare BPO Market worth $626.6 billion by 2029

The report "Healthcare BPO Market by Outsourcing Models, Provider (Patient Care, RCM), Payer (Claims Management, Billing & Accounts), Life Science (R&D, Manufacturing, Sales & Marketing (Analytics, Research)), & Region (Source, Destination) - Global Forecast to 2029", is valued at an estimated 395.3 billion in 2024 and is projected to reach USD 626.6 billion by 2029, at a CAGR of 9.7% during the forecast period.

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June 18, 2024

Water-based Resins Market worth $73.7 billion by 2029

The report "Water-based Resins Market by Type (Acrylic, Epoxy, Alkyd, Polyurethane, Vinyl, Polyester), Application (Paints & Coatings, Adhesives & Sealants, Inks), and Region (Asia Pacific, North America, Europe, MEA and South America) - Global Forecast to 2029", size is projected to grow from USD   56.5  billion in 2024 and is projected to reach USD  73.7 Billion by 2029, at a CAGR of 5.5%. The growth of the water-based resins market is primarily driven by rising demand from the paints and coatings, as well as adhesives and sealants sectors. This surge in demand can be attributed to stringent regulations imposed by various governments on the permissible levels of volatile organic compounds (VOCs). These regulations have led to a significant decrease in the use of solvent-based technology, while encouraging the adoption of water-based alternatives. As a result, manufacturers are increasingly turning towards water-based resins to comply with these regulations and meet the growing demand for environmentally-friendly products.

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June 18, 2024

Diesel Power Engine Market worth $25.2 billion by 2029

According to a research report "Diesel Power Engine Market by Operation (Standby, Prime, Peak Shaving), Power Rating (Below 0.5 MW, 0.5–1 MW, 1–2 MW, 2–5 MW, and Above 5 MW), End User (Power Utilities, Industrial, Commercial, and Residential), Speed, & Region - Global Forecast to 2029" published by MarketsandMarkets, the market size for diesel power engine is projected to reach approximately USD 25.2 billion by the year 2029, as compared to the estimated value of USD 20.1 billion in 2024, at a Compound Annual Growth Rate (CAGR) of 4.5% over the forecast period. The global diesel power engine market is driven by a confluence of factors that influence demand and shape its future trajectory. Rapid economic growth in regions like Asia Pacific, Africa, and South America fuels the need for reliable power sources. Diesel engines play a crucial role, particularly in areas with limited grid infrastructure or frequent outages. They provide primary or backup power for businesses, industries, and communities, enabling uninterrupted operations and fostering economic development. As economies expand, industrial activity and urbanization accelerate. These sectors heavily rely on diesel engines for power generation, both for primary use and backup during grid disruptions. Reliable power ensures smooth operation of factories, construction sites, and commercial facilities. Governments worldwide are implementing stricter emission regulations to combat air pollution. This drives advancements in cleaner burning diesel engine technologies.

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June 18, 2024

Electric Scooter Market worth $12.4 billion by 2030

According to a research report "Electric Scooter Market by Vehicle (E-Scooter/Moped, E-Motorcycle), Voltage (36V, 48V, 60V, 72V, Above 72V), Motor Type (Hub and Mid-drive), Battery (Li-ion and lead acid), Motor Power, Technology, Vehicle Class, Usage & Region - Global Forecast to 2030" published by MarketsandMarkets, the global Electric Scooter market is projected to grow from USD 4.3 billion in 2024 to USD 12.4 billion by 2030, registering a CAGR of 18.9%.

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June 18, 2024

Synthetic Yarn Market worth $300.5 billion by 2029

The report "Synthetic Yarn Market by Yarn type (Filament Yarn and Spun Yarn), Fiber Type (Polyester, Nylon, Rayon, Acrylic), End-Use Industries (Apparels & home furnishings, Aerospace, Automotive & transportation, Industrial), and Region - Global Forecast to 2029", is estimated at USD 234.1 billion in 2024 and is projected to reach USD 300.5 billion by 2029, at a CAGR of 5.1% from 2024 to 2029. Synthetic yarns are made of different synthetic fibers such as polyester, nylon, rayon/viscose, acrylic and others. These fibers are created using various chemical compounds. Due to their high strength and excellent durability, synthetic yarns are widely accepted across end-use industries. Synthetic yarns are available in wide variety of colours, styles and textures and is widely used in textiles industry for clothing. The synthetic yarns are of two types- Filament yarn and Spun yarn.

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June 18, 2024

Plastic Compounds Market worth $97.3 billion by 2029

The report "Plastic Compounds Market by Product (PVC, PP, PE, PS, PA, PC, PET, PU, ABS), Source, End-use Industry (Automotive, Packaging, Electrical & Electronics, Building & Construction, Consumer Goods, Medical), and Region - Global Forecast to 2029", size is projected to grow from USD 70.8 billion in 2024 to USD 97.3 billion by 2029, registering a CAGR of 6.6% during the forecast period. The growth of the plastic compounds market is fueled by several key factors. The packaging and building, & construction industries are seeing increasing demand for plastic compounds for various applications. There is a growing demand for environmentally friendly and sustainable materials from consumers and businesses. Recyclable plastic compounds are being sought as alternatives to conventional plastic compounds.

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June 17, 2024

Surgical Suction Instruments Market worth $503 million in 2029

The report "Surgical Suction Instruments Market by Type (Tubes, Tips, Restractors, Cannulae), Usability (Disposable, Reusable), Application (General Surgery, Neurosurgery, Orthopedic, Cardiovascular, Dental), End User - Global Forecast to 2029", is projected to reach 503 million in 2029 from USD 375 million in 2024, at a CAGR of 6.1% between 2024 and 2029.

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June 17, 2024

Membrane Chromatography Market worth $637 million by 2029

The report "Membrane Chromatography Market by Product (Cartridges, Capsules, Cassettes, Syringe Filters, Spin Column), Technique (Ion Exchange, Affinity), Operation Mode (Flow Through, Bind Elute), Material (PES, Cellulose, Hydrogel) - Global Forecast to 2029", is projected to reach USD 637 million by 2029 from an estimated USD 321 million in 2024, at a CAGR of 14.7% from 2024 to 2029. Factors contributing to the growth of the global market include increasing R&D investments and funding in the biopharmaceutical industry, a growing development of biopharmaceuticals, and an increasing number of strategic alliances in the bioprocessing industry. However, limited use of membrane chromatography products for large-scale manufacturing is expected to hinder market growth.

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June 17, 2024

Connected Car Market worth $26.4 billion by 2030

According to a research report "Connected Car Market by Service ICE & EV (OTA, Navigation, Multimedia Streaming, Social Media, eCall, Autopilot, Remote Diagnostics, Home Integration), Market (OEM, Aftermarket), Network, Form, Transponder, Hardware and Region - Global Forecast to 2030" published by MarketsandMarkets, the globally connected car market is estimated to grow from USD 12.4 billion in 2024 to USD 26.4 billion by 2030, at a CAGR of 13.3%.

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June 17, 2024

Medical Equipment Maintenance Market worth $88.9 billion by 2029

The report "Medical Equipment Maintenance Market by Device (Imaging (MRI, CT, ultrasound, X-ray), ventilator), Provider (OEM, ISO, In-house), Service (Preventive, Corrective), User (Hospital, Diagnostic Center), Contract (Basic, Customized) - Global Forecast to 2029", size is projected to reach USD 88.9 billion by 2029 from USD 54.0 billion in 2024, at a CAGR of 10.5% during the forecast period.

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June 14, 2024

Sulfur Based Micronutrients Market worth $685 million by 2029

The report "Sulfur Based Micronutrients Market by Application (Oilseeds & Pulses, Cereals & Grains, and Fruits & Vegetables), Type (Sulfur-Bentonite-Zinc, Sulfur-Bentonite-Molybdenum, Sulfur-Bentonite-Manganese, Sulfur-Bentonite-Iron) - Global Forecast to 2029", is projected to grow from USD 449 million in 2024 to USD 685 million by 2029, at a CAGR of 8.8% during the forecast period. Various factors have been contributing to the growth of sulfur based micronutrients market. First off, because sulfur is necessary for plant growth and development, there is a growing market for products containing sulfur to compensate for shortages in soil. Second, to sustain crop productivity, modern agricultural practices frequently deplete soils of sulfur, requiring supplementation. Furthermore, the market is further stimulated by the growth of organic farming and sustainable agricultural methods since sulfur-based micronutrients provide environmentally favorable nutrient supplementation options.

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June 14, 2024

LoRa and LoRaWAN IoT Industry worth $32.7 billion by 2029

According to a research report "LoRa and LoRaWAN IoT Market by Offering (Hardware, Platforms, Services), Application (Industrial IoT, Smart Cities, Asset Tracking), End User (Manufacturing, Retail, Energy & Utilities), Network Deployment and Region - Global Forecast to 2029" published by MarketsandMarkets, the LoRa and LoRaWAN IoT market is expected to reach USD 32.7 billion by 2029 from USD 8.0 billion in 2024, at a Compound Annual Growth Rate (CAGR) of 32.4 % during 2024–2029.

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June 14, 2024

Inflight Retail and Advertising Industry worth $5.1 billion by 2029

The report "Inflight Retail and Advertising Market by End-User (Commercial Aviation, Business Aviation), Mode (Advertising, Retail), Seat Class (First, Business, Economy, Premium Economic), Operation (Stored and Streamed) and Region - Global Forecast to 2029" The market is valued at USD 3.5 billion in 2024 and is projected to reach USD 5.1 billion by 2029, at a CAGR of 7.8% from 2024 to 2029. The inflight retail and advertising market seize opportunities presented by a captive audience during air travel to market a variety of products, including duty-free items and travel necessities, alongside targeted advertisements via in-flight entertainment systems. This market benefits from growing passenger volumes and the surge in e-commerce. Airlines, along with inflight entertainment providers and retail concessionaires, strategically collaborate to enhance passenger experience and maximize revenue through optimized product offerings and innovative marketing strategies. Increased consumer demand for convenience and unique experiences further stimulates market growth, making it an attractive sector for continuous investment and development.

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June 13, 2024

Secure Multiparty Computation (SMPC) Industry worth $1,412 million by 2029

According to a research report "Secure Multiparty Computation (SMPC) Market by Offering (Solutions and Services), Deployment Mode (Cloud and On-premises), Vertical (BFSI, IT & ITeS, Government, Healthcare, and Retail & E-commerce) and Region - Global Forecast to 2029" published by MarketsandMarkets, the global secure multiparty computation (SMPC) market size is projected to grow from USD 824 million in 2024 to USD 1,412 million by 2029 at a Compound Annual Growth Rate (CAGR) of 11.4% during the forecast period. The integration of cloud-based solutions and advanced technologies like AI, ML, and blockchain has propelled the rapid growth of SMPC adoption. Cloud-based SMPC solutions offer remote accessibility and cost reductions, while AI, ML, and blockchain integration are used for secure data exchange. These combined advancements in SMPC cater to organizations' demands for scalable, cost-effective, and efficient security solutions, driving significant expansion in the SMPC market.

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June 13, 2024

Construction Glass Market worth $144.3 billion by 2029

The report "Construction Glass Market by Type (Low-E Glass, Special Glass), Manufacturing Process (Float, Rolled/Sheet), Chemical Composition (Soda-Lime, Potash-Lime, Potash-Lead), Application (Residential, Commercial), and Region - Global Forecast to 2029", is estimated at USD 112.0 billion in 2024 and is projected to reach USD 144.3 billion by 2029, at a CAGR of 5.2% from 2024 to 2029. The key segments in the construction industry include residential, commercial, and others. Others include construction of educational institutes, stadiums, airports, bridges, and others. The growth in the residential segment is high due to increase in population, urbanization, increase in the number of nuclear families, and the economic condition. The growth in the commercial segment can be attributed to factors such as growth in economy, increased need for IT industries, demand for retail, and increase in foreign trade resulting in the demand for warehousing, and others. This is fuelling the demand for construction glass from various applications of construction industry.

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June 13, 2024

3D Sensor Industry worth $12.8 billion by 2029

The report "3D Sensor Market by Type (Image Sensor, Position Sensor, Acoustic Sensor, Magnetometer, Accelerometer, Gyroscope), Technology (Time-of-flight, Structured Light, Stereo Vision, Ultrasound), Method (Time-Delay, Triangulation) - Global Forecast to 2029" The global 3D sensor market is expected to be valued at USD 6.1 billion in 2024 and is projected to reach USD 12.8 billion by 2029 and grow at a CAGR of 16.3% from 2024 to 2029. The increasing popularity of smart home technologies, including gesture-controlled devices and enhanced home security systems, opens up new avenues for 3D sensor applications. Enhanced security systems using 3D sensor for facial recognition and other biometric authentication methods offer opportunities in both the public and private sectors.

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June 13, 2024

Fraud Detection and Prevention Industry worth $63.2 billion by 2029

According to a research report "Fraud Detection and Prevention Market by Offering (Solutions (Fraud Analytics, Authentication, and GRC) and Services (Professional and Managed)), Fraud Type, Deployment Mode, Organization Size, Vertical and Region - Global Forecast to 2029" published by MarketsandMarkets, the fraud detection and prevention (FDP)  market size is projected to grow from USD 28.8 billion in 2024 to USD 63.2 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 17.0% during the forecast period. The key driver of fraud detection and prevention is regulatory compliance requirements. With stringent regulations in place, organizations are compelled to adopt robust strategies to combat financial crimes and protect consumer interests. Compliance mitigates legal risks, and fosters trust among stakeholders, driving organizations to prioritize efforts in fraud prevention.

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June 12, 2024

Produced Water Treatment Market worth $13.4 billion by 2029

According to a research report "Produced Water Treatment Market by Application (Onshore, Offshore), Source (Conventional, Unconventional), Treatment (Primary treatment, Secondary treatment, Tertiary treatment) and Region - Global Forecast to 2029" published by MarketsandMarkets, the produced water treatment market is forecast to reach USD 13.4 billion by 2029 from an estimated USD 10.7 billion in 2024, at a CAGR of 4.7% during the forecast period (2024-2029).

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June 12, 2024

Ceramic Matrix Composite Market worth $23.8 billion by 2031

The report "Ceramic Matrix Composite Market by Matrix Type (C/C, C/Sic, Oxide/Oxide, Sic/Sic), Fiber Type (Continuous, Woven), End-Use Industry (Aerospace & Defense, Automotive, Energy & Power, Industrial), and Region - Global Forecast to 2031", is estimated at USD 12.0 billion in 2024 and is projected to reach USD 23.8 billion by 2031, at a CAGR of 10.3% from 2024 to 2031. There are various factors due to which the demand of ceramic matrix composites is being propelled from various end-use industries like the growing need to make vehicles and aircraft lightweight and fuel efficient. Apart from this ceramic matrix composites have high temperature capabilities that make them capable for use in energy and power sector as well.

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June 12, 2024

Veterinary Ophthalmology Equipment Market worth $697 million in 2029

The report "Veterinary Ophthalmology Equipment Market by Product-Diagnostic Device (Ophthalmoscope, Tonometer), Surgical (Microscope, Implant, Shunt, bandage Lens), Application (Glaucoma, Cataract), Animal (Equine, Canine, Feline), End User - Global Forecast to 2029 ", is projected to reach 697 million in 2029 from USD 485 million in 2024, at a CAGR of 7.5% between 2024 and 2029.

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June 12, 2024

Automotive Conformal Coating Market worth $3.5 billion by 2030

According to a research report "Automotive Conformal Coatings Market by Material (Acrylic, Silicone, Epoxy, Polyurethane, Parylene), Component (ECU, PCB, Sensor, Battery Casing, LED and Infotainment System), Application Method, Vehicle Type, EV, Region - Global Forecast to 2030" published by MarketsandMarkets, the automotive conformal coating market is projected to reach USD 3.5 billion by 2030, from an estimated USD 2.0 billion in 2024, at a CAGR of 10.0% during the forecast period.

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June 12, 2024

EBike Market worth $71.5 billion by 2030

According to a research report "Ebike Market by Class (Class I, II, & III), Battery (Li-ion, Li-ion Polymer, Lead Acid), Motor (Mid, Hub), Mode (Throttle, Pedal Assist), Usage (Mountain/Trekking, City/Urban, Cargo), Speed, Battery Capacity, Component, & Region - Global Forecast to 2030" published by MarketsandMarkets, the global EBike market is forecast to grow from USD 48.7 billion in 2024 to USD 71.5 billion by 2030 at a CAGR of 6.6%.

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June 11, 2024

Ethyl Cyanoacetate Market worth $184 million by 2029

The report "Ethyl Cyanoacetate Market by Grade (Pharmaceutical Grade, Industrial Grade), Function (Chemical Intermediates, Polymerization, Cross-linking Agents, Catalysts), Application Pharmaceutical, Agrochemicals, Adhesives, Dyes) - Global Forecast 2029", size is projected to grow from USD 145 million in 2024 to USD 184 million by 2029, registering a CAGR of 4.9% during the forecast period. The Ethyl cyanoacetate market is poised for substantial growth, propelled due to its versatile applications across various industries, including pharmaceuticals, agrochemicals, and specialty chemicals. It serves as a crucial intermediate in organic synthesis and fundamental building block for a wide range of compounds. Moreover, advancements in chemical synthesis techniques and the development of novel applications further contribute to the rising demand for ethyl cyanoacetate.

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June 11, 2024

High Voltage Power Transformer Market worth $12.3 billion by 2029

According to a research report "High Voltage Power Transformer Market by Power Rating SPT ((≤ 60 MVA), LPT (> 60 MVA)), Cooling Type (Oil Immersed, Dry Type), End User (Utilities, Commercial & Industrial), and Region - Global Forecast to 2029" published by MarketsandMarkets, the High voltage power transformer market is expected to see significant growth, with projections indicating that the market will grow to about USD 12.3 billion by 2029, from an estimated USD  9.1  billion in 2024, reflecting a Compound Annual Growth Rate (CAGR) of 6.3%. This growth is primarily driven by the need to strengthen power distribution networks to keep up with the rising global demand for electricity. Furthermore, the market stands to gain from the increasing capacity of renewable energy sources and substantial investments in industrial production, both of which are expected to boost the demand for High voltage power transformers. Another key factor contributing to this expansion is the growing adoption of high-voltage direct current systems, which is expected to further accelerate market growth during the forecast period.

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June 11, 2024

Flow Cytometry Market worth $10.3 billion by 2032

The report "Flow Cytometry Market by Technology (Cell-based, Bead-Based), Product & Service (Analyzer, Sorter, Consumables (Antibodies, Assays, Kits), Software), Application (Research (Immunology, Stem Cell, Apoptosis), Clinical (Cancer)) - Global Forecast to 2032", is projected to reach USD 10.3 billion by 2032 from USD 5.1 billion in 2024, at a CAGR of 9.2% during the forecast period of 2024 to 2032.

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June 11, 2024

Managed Detection and Response (MDR) Industry worth $11.8 billion by 2029

According to a research report "Managed Detection and Response (MDR) Market by Security Type (Network, Endpoint, Cloud), Deployment Mode (On-Premises and Cloud), Organization Size (SMEs and Large Enterprises), Vertical and Region - Global Forecast to 2029" published by MarketsandMarkets, the global Managed Detection and Response (MDR) is estimated to be worth USD 4.1 billion in 2024 and is projected to reach USD 11.8 billion by 2029, at a CAGR of 23.5% during the forecast period. The Managed Detection and Response (MDR) market is driven by the increasing complexity of cyber threats and the necessity for businesses to maintain robust, real-time security without significant investment in in-house resources.

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June 11, 2024

Low-Speed Vehicle Market worth $16.3 billion by 2030

According to a research report "Low-Speed Vehicle Market by Vehicle Type (Commercial Turf Utility, Industrial Utility, Golf Cart, Personal), Power Output (≤5, 6-15, >15 kW), Motor Type & Configuration, Propulsion, Battery Type, Application, Category, Voltage - Global Forecast to 2030" published by MarketsandMarkets, the low-speed vehicle market is projected to grow from USD 11.1 billion in 2024 to USD 16.3 billion by 2030 at a CAGR of 6.6% during the forecast period.

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June 10, 2024

Critical Infrastructure Protection Market worth $178.3 billion by 2029

According to a research report "Critical Infrastructure Protection Market by Offering, Security Type (Physical Safety & Security (Video Surveillance Systems, Screening, and Scanning) and Cybersecurity (Encryption, Threat Intelligence)), Vertical and Region - Global Forecast to 2029" published by MarketsandMarkets, the global critical infrastructure protection market size is projected to grow from USD 148.1 billion in 2024 to USD 178.3 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 3.8% during the forecast period. The growth of critical infrastructure protection (CIP) solutions is propelled by the rapid expansion of Internet of Things (IoT) devices, amplifying the vulnerability landscape. Simultaneously, continuous investments in infrastructure development, particularly in energy and transportation sectors, heighten the demand for advanced protection measures. This synergy underscores the need for robust security solutions to fortify critical assets against emerging threats.

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June 10, 2024

HPF Market worth $6.4 billion by 2029

The report "HPF Market by Type (PTFE, FEP, PFA/MFA, ETFE), Form, Application (Coatings & Liners, Components, Films, Additives), End-use Industry (Electrical & Electronics, Industrial Processing, Transportation, Medical), and Region - Global Forecast to 2029", size is projected to grow from USD 4.6 billion in 2024 to USD 6.4 billion by 2029, registering a CAGR of 7.1% during the forecast period. The growth of the HPF market is fueled by several key factors. Factors such as high heat resistance, low weight, high dimensional stability, and good chemical resistance increase the demand for HPF in the automotive industry. HPF is used in various parts of engines to improve the performance & durability of vehicles and manufacture different interior & exterior components in the automotive and aerospace sectors. Effective dielectric properties, biocompatibility, and lubricity of HPF lead the way for their adoption in medical surgeries and other procedures. HPF films are used for front and backing sheets of photovoltaic (PV) modules. When used as front sheets for PV modules, these films help improve the efficiency of solar cells since they transmit 95% of light. The large, developing middle-class population of Asia Pacific and rapid industrialization & growth in the manufacturing sector drive the demand for PTFE and other HPF in various industries, such as automotive, medical, chemical, and electrical & electronics.

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June 10, 2024

Aviation Cloud Industry worth $12.9 billion by 2029

The report "Aviation Cloud Market by Service Model (IaaS, PaaS, SaaS), Deployment Type (Public, Private, Hybrid), End User (Airlines, Airports, OEMs, MROs), Application (Flight Operations, Passenger Service, Supply Chain Management) - Global Forecast to 2029" The Aviation Cloud market is estimated to be USD 6.1 billion in 2024 and is projected to reach USD 12.9 billion by 2029, at a CAGR of 16.1% from 2024 to 2029. The push for digital transformation, driven by the pandemic, has fast-tracked the adoption of cloud solutions within the aviation industry, as stakeholders strive to innovate and sustain competitive edges in a swiftly evolving landscape.

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June 10, 2024

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