Home › Press Releases

Press Releases

Title	Date
eFuse Market worth $881 million by 2035 According to a research report "eFuse Market Type (Auto Retry, Latched), Package Type (Small Outline No Lead, Dual Flat No Leads, Quad Flat No Leads, Think Shrink Small Outline Package), Application, End User & Region - Forecast to 2035" published by MarketsandMarkets, The eFuse market is projected to reach USD 881 million by 2035 from an estimated USD 703 million in 2030, at a CAGR of 4.6% during the forecast period. ...... Read More	April 17, 2024
Asset Integrity Management Industry worth $31.5 billion by 2029 The report "Asset Integrity Management Market by Service Type (NDT, Risk-based Inspection, Corrosion Management, Pipeline Integrity, Hazard Identification, Structural Integrity Management, Reliability Availability and Maintainability) - Global Forecast to 2029" The global asset integrity management market is expected to be valued at USD 23.9 billion in 2024 and is projected to reach USD 31.5 billion by 2029; it is expected to grow at a CAGR of 5.7% from 2024 to 2029. The asset integrity management market is driven by driven by regulatory compliance, technological advancements, and sector-specific demands. ...... Read More	April 16, 2024
Functional Food Ingredients Industry worth $165.8 billion by 2029 According to a research report "Functional Food Ingredients Market by Type (Probiotics, Protein & Amino Acids, Phytochemicals & Plant Extracts, Prebiotics, Omega-3 Fatty Acids, Carotenoids, Vitamins), Application, Source, Form, Health Benefits and Region - Global Forecast to 2029" published by MarketsandMarkets, the global functional food ingredients market, valued at USD 119.2 billion in 2024, showcases a remarkable growth projection, anticipated to escalate to USD 165.8 billion by 2029, indicating a robust compound annual growth rate (CAGR) of 6.8% during the forecast period. ...... Read More	April 16, 2024
Diesel Generator Market worth $23.4 billion by 2029 According to a research report "Diesel Generator Market by Application (Standby Power, Peak Shaving, Prime & Continuous Power), End-User (Commercial, Industrial, Residential), Design (Stationary, Portable), Power Rating & Region - Global Forecast to 2029" published by MarketsandMarkets, the diesel generator market is forecast to reach USD 23.4 billion by 2029 from an estimated USD 17.9 billion in 2024, at a CAGR of 5.4% during the forecast period (2024-2029). ...... Read More	April 16, 2024
Bioplastics & Biopolymers Market worth $45.2 billion by 2029 The report "Bioplastics & Biopolymers Market by Product Type (Biodegradable, Non-Biodegradable/ Bio-Based), End-Use Industry (Packaging, Consumer Goods, Textiles, Agriculture & Horticulture, AnT, Coatings & Adhesives), & Region- Global Forecast to 2029", was USD 15.3 billion in 2024 and is projected to reach USD 45.2 billion by 2029, at a CAGR of 24.2%, between 2024 and 2029 ...... Read More	April 16, 2024
Progressing Cavity Pump Market worth $3.6 billion by 2029 According to a research report "Progressing Cavity Pump Market by Power Rating (Up To 50 Hp, 51–150 Hp, Above 150 Hp), Pumping Capacity, End-User (Oil & Gas, Water & Wastewater Treatment, Food & Beverage, Food Waste, Biogas, Battery Recycling) and Region - Global Forecast to 2029" published by MarketsandMarkets, the Progressing cavity pump market is anticipated to witness a significant expansion, with the market size projected to reach approximately USD 3.6 billion by 2029, showcasing a Compound Annual Growth Rate (CAGR) of 5.0% from the estimated value of USD 2.8 billion in 2024. The global market for progressing cavity pumps is indeed witnessing substantial growth, propelled by a multitude of factors that extend its influence across the world. Foremost among these drivers is the ongoing industrialization and urban expansion in emerging economies, which create a burgeoning demand for efficient fluid handling solutions across various sectors. This demand is particularly pronounced in industries such as oil and gas, water and wastewater treatment, food and beverage, chemicals, and mining, where progressing cavity pumps find extensive application due to their versatility and reliability. Additionally, the tightening of environmental regulations and increased emphasis on workplace safety are compelling industries worldwide to invest in advanced pumping technologies like progressing cavity pumps. These pumps not only offer superior performance but also boast environmental sustainability features, aligning with the global trend towards greener and more efficient industrial practices. ...... Read More	April 15, 2024
Sodium-Ion Battery Market worth $1.2 billion by 2028 The report "Sodium-Ion Battery Market by Battery Type (Sodium-Sulfur, and Sodium-Salt), Technology Type (Aqueous and Non-Aqueous), End-Use (Energy Storage, Automotive, and Industrial), and Region (Asia Pacific, Europe, and North America) - Global Forecast to 2028", is projected to grow from USD 0.5 billion in 2023 to USD 1.2 billion by 2028, at a CAGR of 21.5% during the forecast period. The market is expected to grow, fueled by their affordability compared to lithium-ion batteries. This makes them perfect for large-scale energy storage, especially with renewables like wind and solar needing solutions for fluctuating power. Their reliance on common sodium positions them as a more sustainable option, pushing the market forward due to the global focus on reducing our environmental impact. ...... Read More	April 15, 2024
Arc-based Plasma Lighting Industry worth $676 million by 2029 The report "Arc-based Plasma Lighting Market by Light Source (Xenon Arc Lamps, Metal Halide Lamps, Deuterium Lamps, Krypton Arc Lamps, Mercury Vapor Lamps), Wattage Type (Below 500 W, 501 to 1500 W, Above 1500 W), Application and Region - Global Forecast to 2029" The global arc-based plasma lighting market is projected to grow from USD 616 million in 2024 to USD 676 million by 2029, registering a CAGR of 1.9% during the forecast period.The global arc-based plasma lighting market is driven by several significant factors. Its superior light quality and ability to closely replicate natural sunlight make it highly attractive for a variety of applications, including automotive lighting, cinema projection, spectroscopy, UV applications and searchlight & spotlight. Technological advancements leading to enhanced performance characteristics, such as spectral control and brightness, further stimulate market expansion and innovation. Additionally, the versatility of plasma lighting systems and their capability to operate effectively in challenging environments create opportunities for diverse applications across various sectors, fostering global market growth. ...... Read More	April 15, 2024
Electric Coolant Pump Market worth $3.9 billion by 2030 According to a research report "Electric Coolant Pump Market by Type (Sealed, Sealless), Sealless (Electrical, Magnetic), Power Output (<150W, 150-200 W, >250 W), 48V & Electric Vehicle Type, Communication Interface (LIN, CAN, PWM), Application and Region - Global Forecast to 2030" published by MarketsandMarkets, the electric coolant pump market is projected to grow from USD 1.9 billion in 2024 to USD 3.9 billion by 2030 at a CAGR of 12.8% during the forecast period. ...... Read More	April 15, 2024
Dimethyl Carbonate Market worth $1.9 billion by 2028 The report "Dimethyl Carbonate Market by Application (Polycarbonate Synthesis, Battery Electrolyte, Solvents, Reagents), End-Use Industry (Plastics, Paints & Coatings, Pharmaceuticals), Grade (Industry, Pharmaceutical, Battery), and Region - Global Forecast to 2028", size is projected to grow from USD 1.1 billion in 2023 and reach USD 1.9 billion by 2028, at a CAGR of 12.7% from 2023 to 2028. The demand for dimethyl carbonate as a key ingredient in battery electrolytes is experiencing significant growth. The expanding market for electric vehicles and renewable energy technologies further drives the growth of the DMC market are the key drivers for the dimethyl carbonate market. ...... Read More	April 12, 2024
Power Tools Industry worth $45.5 billion by 2029 The report "Power Tools Market by Tool Type (Drilling and Fastening Tools, Demolition Tools, Sawing and Cutting Tools, Material Removal Tools, Routing Tools), Mode of Operation (Electric, Pneumatic, Hydraulic), Application and Region - Global Forecast to 2029" The power tools market is expected to grow from USD 39.5 billion in 2024 to USD 45.5 billion by 2029, at a CAGR of 2.9% during the forecast period. The growth of the construction industry in emerging economies, widespread adoption of battery-powered power tools worldwide, and rising demand for power tools in the automotive sector are significant factors. Furthermore, the development of smart and connected power tools, coupled with the increasing demand for household application power tools, generates opportunities for market growth. ...... Read More	April 12, 2024
Automotive Filters Market worth $14.6 billion by 2030 According to a research report "Automotive Filters Market by Filters Type (Air, Fuel, Oil, Cabin, Coolant, Brake Dust, Oil Separator, Transmission, Steering, EMI/EMC, Coolant, DPF, GPF, Urea), Vehicle Type, Electric & Hybrid Type, Aftermarket & Region - Global Forecast to 2030" published by MarketsandMarkets, the global automotive filters market is projected to grow from USD 12.9 billion in 2024 to USD 14.6 billion by 2030, at a CAGR of 2.1% from 2024 to 2030. ...... Read More	April 12, 2024
Ammunition Industry worth $33.1 billion in 2028 The report "Ammunition Market by Application (Defense, Civil & Commercial), Caliber (Small, Medium, Large), Product (Bullets, Aerial Bombs, Granades, Artillery Shells, Mortars), Component, Guidance Mechanism, Lethality and Region - Global Forecast to 2028" The global ammunition market size is projected to grow from USD 28.0 billion in 2023 to USD 33.1 billion in 2028, at a CAGR of 3.4% from 2023 to 2028. The factors such as the increase in the geopolitical tensions, Growth in military expenditure and arms transfer, change in the nature of warfare, modernization programs undertaken by military forces, militarization of police forces, and rise in drug trafficking globallyare driving factors assisting the growth of the ammunition market. Apart from its use in defense forces, ammunition also sees increasing importance in commercial and civil applications such as self-defense, sporting, hunting, among others. ...... Read More	April 12, 2024
SCADA Industry worth $16.6 billion by 2029 According to the new market research report "SCADA Market by Component (Programmable Logic Controller (PLC), Remote Terminal Unit (RTU), Human-Machine Interface (HMI), Communication Systems, I/O Devices, Storage Servers, Supervisory Systems), Offering, End User and Region - Global Forecast to 2029" The global SCADA market size is anticipated to grow from USD 11.2 billion in 2024 to USD 16.6 billion by 2029, at a CAGR of 8.3% from 2024 to 2029. Surging deployment of AI and IoT across manufacturing industries and increasing smart city projects pertaining to infrastructure and transportation are few of significant factors which drive the growth of SCADA market. ...... Read More	April 11, 2024
Fill Finish Manufacturing Market worth $25.7 billion by 2029 The report "Fill Finish Manufacturing Market by Product (Consumables (Pre-fillable Syringes (Plunger Stopper)), Vial (Glass, Plastic), Cartridge), Instruments ((Standalone, Integrated Systems), Automated Machines), End User (CMO, Pharma) - Global Forecast to 2029", is projected to reach USD 25.7 billion by 2029 from USD 16.7 billion in 2024, at a CAGR of 8.9% during the forecast period of 2024 to 2029. ...... Read More	April 11, 2024
Attack Surface Management Industry worth $3.3 billion in 2029 According to a research report "Attack Surface Management Market by Offering (Solutions, Services), Deployment Mode (Cloud, On-premises), Organization Size (Large Enterprises, SMEs), Vertical (BFSI, Healthcare, Retail & E-Commerce) and Region - Global Forecast to 2029" published by MarketsandMarkets, the attack surface management market is forecasted to grow from USD 0.9 billion in 2024 to USD 3.3 billion in 2029 at a (CAGR) of 29.3% during the forecast period. The attack surface refers to all the potential points of entry that attackers can use to infiltrate a system or network. This includes software, hardware, configurations, and even human behavior vulnerabilities. Essentially, the more access points, weaknesses, and gaps in the defenses, the larger the attack surface and the easier for attackers to find a way in. Attack surface management (ASM) aims to provide organizations with a comprehensive awareness of their attack surface. Through ongoing identification and monitoring of potential entry points, ASM facilitates proactive vulnerability management, substantially decreasing overall security risk. ASM is the continuous monitoring, remediation, and reduction of all security risks within an organization's attack surface. The ultimate objective of ASM is to keep the attack surface minimal to reduce the number of options hackers have to breach a network perimeter. It is the ongoing process of identifying, analyzing, prioritizing, and mitigating the cybersecurity risks and potential weaknesses that make up an organization's attack surface. ...... Read More	April 11, 2024
Hydrogen Storage Tanks and Transportation Market worth $4.4 billion by 2030 According to a research report "Hydrogen Storage Tanks and Transportation Market by Modular Storage (Fuel Storage, Distribution Systems), Application (Vehicles, Railways, Marine, Stationary Storage, Trailers), Tank Type (Type 1, 2, 3, 4), Pressure and Region - Global Forecast to 2030" published by MarketsandMarkets, the global Hydrogen Storage Tanks and Transportation Market is projected to reach USD 4.4 billion by 2030 from an estimated USD 0.3 billion in 2024, at a CAGR of 52.4% during the forecast period. ...... Read More	April 11, 2024
Lithium-Ion Battery Anode Market worth $46.5 billion by 2028 The report "Lithium-Ion Battery Anode Market by Materials (Active Anode Materials and Anode Binders), Battery Product (Cell and Battery Pack), End-Use (Automotive and Non-Automotive), and Region (Asia Pacific, Europe, and North America) - Global Forecast to 2028", is projected to grow fromUSD 12.0 billion in 2023 to USD 46.5 billion by 2028, at a CAGR of 31.2% during the forecast period. The lithium-ion battery anode market is experiencing a surge, fueled by two key trends. First, the electric vehicle (EV) revolution is driving a massive demand for lithium-ion batteries, and anodes are a critical component. Second, industrial applications are increasingly adopting lithium-ion batteries for their efficiency and clean energy benefits. Further accelerating this growth are strategic moves by industry leaders, including collaborations and manufacturing expansions happening across the globe. This confluence of factors paints a bright picture for the future of the lithium-ion battery anode market. ...... Read More	April 11, 2024
Payment Gateway Industry worth $48.4 billion by 2029 According to a research report "Payment Gateway Market by Type (Hosted, Self-hosted), Vertical (Retail & E-commerce, BFSI, Telecom, Healthcare, Media & Entertainment, Travel & Hospitality, IT & ITeS) and Region - Global Forecast to 2029" published by MarketsandMarkets, the global payment gateway market size is projected to grow from USD 26.7 billion in 2024 to USD 48.4 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 12.6% during the forecast period. ...... Read More	April 10, 2024
Arc Welding Torch Market worth $3.5 billion by 2029 The report "Arc Welding Torch Market by Wear Parts (Gas Nozzles, Contact Tips, Electrodes), Cooling Type (Air-Cooled, Water-Cooled), End-Use Industries (Automotive, Construction, Power Generation), And Region - Global Forecast to 2029", size is projected to grow from USD 2.7 billion in 2024 and is projected to reach USD 3.5 billion by 2029, at a CAGR of 4.7%. This expansion is primarily fueled by several key drivers. The promising growth in the steel industry and the escalating population and rapid urbanization rates create a robust demand for arc welding torches. Furthermore, emerging economies like China and India are witnessing a surge in demand from various end-use industries, further propelling market growth. Additionally, industrial development in regions such as the Middle East & Africa contributes significantly to market expansion. ...... Read More	April 10, 2024
Industrial Vehicles Market worth $64.3 billion by 2030 According to a research report "Industrial Vehicles Market by Vehicle Type (Forklifts, Aisle Trucks, Tow Tractors, Container Handlers), Drive Type (ICE, Battery-operated, Gas-powered), Application, Capacity, Level of Autonomy, & Region - Global Forecast to 2030" published by MarketsandMarkets, the global industrial vehicles market size is projected to grow from USD 49.2 billion in 2024 to USD 64.3 billion by 2030, at a CAGR of 4.6%. Government investments in infrastructure development projects are fueling the growth of the industrial vehicles market on a global scale. Initiatives aimed at modernizing transportation networks, constructing new warehouses, and enhancing logistics capabilities require a robust fleet of industrial vehicles for efficient material handling and transportation operations. As regions prioritize infrastructure improvements to bolster economic growth, the demand for industrial vehicles, including tow tractors and container handlers, is steadily increasing. ...... Read More	April 10, 2024
Structural Health Monitoring Industry worth $4.1 billion by 2029 The report "Structural health monitoring Market by Offering (Hardware, Software & Services), Technology (Wired, Wireless), Vertical (Civil Infrastructure, Aerospace & Defense, Energy, Mining), Implementation, Application and Region - Global Forecast to 2029" The global structural health monitoring market was valued at USD 2.5 billion in 2024 and is projected to reach USD 4.1 billion by 2029; it is expected to register a CAGR of 10.4% during the forecast period. The rising demand for structural health monitoring (SHM) is fueled by several key drivers. Aging infrastructure worldwide necessitates proactive monitoring to prevent failures, while stringent safety regulations mandate continuous monitoring of critical infrastructure. Technological advancements in sensor technology and data analytics enable more sophisticated SHM solutions, driving adoption. Additionally, cost savings from predictive maintenance, environmental concerns, increasing infrastructure investments, diverse industry applications, and the emphasis on data-driven insights further contribute to the growing demand for SHM systems. ...... Read More	April 10, 2024
Electronic Warfare Industry worth $19.4 billion by 2028 The report "Electronic Warfare Market by Platform (Ground, Naval, Airborne, Space), Capability (Electronic Support, Electronic Attack, Electronic Protection), End-Use, Product (Electronic Warfare Equipment, Operational Support) and Region - Global Forecast to 2028" The Electronic Warfare Market is valued at USD 10.8 billion in 2023 and is projected to reach USD 19.4 billion by 2028, at a CAGR of 12.5% from 2023 to 2028. Electronic Warfare (EW) encompasses the capability to utilize the electromagnetic spectrum-including signals like radio, infrared, or radar-for sensing, protection, and communication purposes. Simultaneously, EW has the capacity to disrupt, deny, and degrade the adversaries' utilization of these signals. Electronic Warfare (EW) serves as a vital tool for managing the electromagnetic (EM) spectrum, enabling the detection, analysis, and tracking of potential threats. This enables countries and their allies with essential situational awareness necessary for preemptive defensive measures, diplomatic insights, and offensive strategies across all levels, even prior to conflicts emerging. EW facilitates Joint Electromagnetic Spectrum Operations (JEMSO), empowering armed forces to exploit, attack, and safeguard the EM operational environment. ...... Read More	April 9, 2024
Water and Wastewater Treatment Equipment Market worth $87.7 billion by 2029 The report "Water and Wastewater Treatment Equipment Market by Product Type (Filtration, Disinfection, Desalination, Sludge Treatment, Biological), Process (Primary, Secondary And Tertiary), End-User (Municipal, Industrial), And Region -Global Forecast to 2029", is 68.7 billion in 2024 and is projected to reach USD 87.7 billion by 2029, at a CAGR of 5.0%. ...... Read More	April 9, 2024
Wireless Broadband in Public Safety Industry worth $126.9 billion by 2029 According to a research report "Wireless Broadband in Public Safety Market by Offering (Hardware, Software, Service), Technology (Mobile Wireless Broadband, Fixed Wireless Broadband, Satellite Wireless Broadband), End User, Application and Region - Global Forecast to 2029" published by MarketsandMarkets, the wireless broadband in public safety market is expected to reach USD 126.9 billion by 2029 from USD 40.2 billion in 2024, at a Compound Annual Growth Rate (CAGR) of 25.9% during the forecast period. ...... Read More	April 9, 2024
Laser Technology Industry worth $29.5 billion by 2029 The report "Laser Technology Market by Laser Type (Solid, Gas, Liquid), Configuration (Fixed, Moving, Hybrid), Application (Laser Processing, Optical Communication), Vertical (Telecommunications, Automotive, Medical, Industrial) and Region - Global Forecast to 2029" The Laser Technology Market is expected to reach USD 29.5 billion by 2029 from USD 20.0 billion in 2024, at a CAGR of 8.0% during forecast period. The significant growth factor associated with the Laser Technology Market growth are the Continuous innovations and advancements in laser technology, The increasing adoption of laser technology across various industries, growing healthcare expenditure, Increasing Adoption of Laser-based Therapies. ...... Read More	April 9, 2024
Ethylene oxide and Ethylene Glycol Market worth $51.9 billion by 2029 The report "Ethylene oxide and Ethylene Glycol Market by Product Type (Ethylene Glycol, Ethoxylates, Ethanolamines, Glycol Ethers), Application (Polyester Fibers, Antifreeze & Coolants, PET Resins), End-Use Industries, and Region - Global Forecast to 2029", is expected to grow at a CAGR of 5.5% during the forecast period, from an estimated USD 39.7 billion in 2024 to USD 51.9 billion by 2029. The growth of the ethylene oxide and ethylene glycol market is propelled by various factors. One significant driver is the rising demand from industries like automotive, textiles, and plastics for ethylene glycol, which is used in manufacturing PET resins and antifreeze solutions. Additionally, the increased requirement for ethylene oxide in healthcare sterilization, alongside advancements in production technologies and sustainability practices, continues to drive market expansion. Furthermore, the expanding use of ethylene glycol in emerging economies due to industrial and urban development presents growth opportunities for the market. ...... Read More	April 8, 2024
Communication Test and Measurement Industry worth $14.9 billion by 2029 According to a research report "Communication Test and Measurement Market by Offering (Hardware, Software, Services), Test Solution, Type of Test (Enterprise Test, Field Network Test, Lab & Manufacturing Test, Network Assurance Test), End User and Region - Global Forecast to 2029" published by MarketsandMarkets, the communication test and measurement market size is projected to grow from from USD 9.6 billion in 2024 to USD 14.9 billion by 2029, at a CAGR of 9.1% during the forecast period. With the increasing demand for higher data rates and bandwidth in both consumer and enterprise applications, there's a need for more sophisticated test and measurement equipment capable of accurately assessing the performance of communication networks and devices. ...... Read More	April 8, 2024
Clinical Communication & Collaboration Market worth $4.8 billion by 2029 The report "Clinical Communication & Collaboration Market by Platform (Collaboration), Component (Badge, Nurse Call VOIP, Telehealth), Deployment, Application (Nurse Communication), End User (Hospital, ASC), Business Model, & Region - Global Forecast to 2029", is projected to reach USD 4.8 billion by 2029 from USD 2.6 billion in 2024, at a CAGR of 13.2%. ...... Read More	April 8, 2024
Waste Management Market worth $1598.1 billion by 2029 According to a research report "Waste Management Market by Waste Type (Hazardous Waste, E-Waste, Municipal Solid Waste, Medical Waste, Construction & Demolition, Non-Hazardous Industrial Waste), Disposal (Open Dumping, Incineration/Combustionl), Source & Region - Global Forecast to 2029" published by MarketsandMarkets, the global Waste Management Market is projected to reach USD 1598.1 billion by 2029 from an estimated USD 1219.6 billion in 2024, at a CAGR of 5.6% during the forecast period. ...... Read More	April 8, 2024

Home › Press Releases

Press Releases

How can we help you?