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Home › Press Releases
Press Releases
Title | Date |
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Thermoplastic Composites Market worth $31.8 billion by 2025The report " Thermoplastic Composites Market by Resin Type (Polypropylene, Polyamide, Polyetheretherketone, Hybrid), Fiber Type (Glass, Carbon, Mineral), Product Type (SFT, LFT, CFT, GMT), End-Use Industry, and Region - Global Forecast to 2025", The global composites market size is expected to grow from USD 22.2 billion in 2020 to USD 31.8 billion by 2025, at a CAGR of 7.5% during the forecast period. The thermoplastic composites industry is growing due to the increase in the demand for high performance materials with properties such as ability to reform, recyclability, FST propertie, high strength to weight ratio, good tensile strength, electrical conductivity, among others. ...... Read More |
August 3, 2020 |
Liquid Fertilizers Market worth $3.0 billion by 2025The report " Liquid Fertilizers Market by Type (Nitrogen, Phosphorus, Potassium, and Micronutrients), Mode of Application (Soil, Foliar, and Fertigation), Major Compounds (CAN, UAN, MAP, DAP, and Potassium Nitrate), Crop Type, and Region - Global Forecast To 2025", The global liquid fertilizers market size is estimated to be valued at USD 2.4 billion in 2020 and is projected to reach a value of USD 3.0 billion by 2025, growing at a CAGR of 4.4% during the forecast period. Factors such as the rise in demand for high-efficiency fertilizers and an increase in crop varieties are projected to drive the growth of the liquid fertilizers market. ...... Read More |
August 3, 2020 |
Gelcoat Market worth $1,808 million by 2025The report "Gelcoat Market by Resin Type (Polyester, Vinyl Ester, Epoxy, and Others), End-use Industry (Marine, Transportation, Wind-Energy, Construction, and Others), and Region - Global Forecast to 2025", size is expected to grow from USD 974 million in 2020 to USD 1,808 million by 2025, at a CAGR of 13.2% during the forecast period. Composites are increasingly used in the marine, transportation wind energy, construction and aerospace & defense end-use industries due to light weight, high strength, corrosion resistance, and other properties. The increasing demand for composites supports the demand for gelcoates in these industries. ...... Read More |
July 31, 2020 |
Maritime Satellite Communication Market worth $3.2 billion by 2025The report "Maritime Satellite Communication Market by Component (Solutions and Services), Solution (VSAT and MSS), Service (Tracking and Monitoring, Voice, Video, Data), End User (Merchant Shipping, Offshore, Government), and Region - Global Forecast to 2025", size is expected to grow from USD 2.3 billion in 2020 to USD 3.2 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 7.1% during the forecast period. Escalating the need for enriched data communication to improve operation efficiency, onboard security & surveillance, and employee/passenger welfare in maritime is driving the market. Furthermore, The major factor driving the maritime satellite communication market is the need to attain improved connectivity between the land and sea operations and realizing benefits in faster repair times, preventative maintenance, fuel-saving, and real-time navigation. ...... Read More |
July 31, 2020 |
Smoke Evacuation Systems Market worth $154 million by 2025The report "Smoke Evacuation Systems Market by Product (Smoke Evacuator [Portable & Stationary], Filter, Pencil, Accessories), Application (General Surgery, Laparoscopic, Orthopedic, Aesthetic), End-User (Hospitals, ASC, Surgical Centers) - Global Forecast to 2025", is estimated to be $115 million in 2020 and projected to reach $154 million by 2025, at a CAGR of 6.1%. The adoption of smoke evacuating products and related software platforms is growing across major regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. This is primarily driven by the rising patient preference for minimally invasive surgeries, increasing product availability, growing target patient population, and the availability of relevant OR protocols and guidelines for their use. On the other hand, clinical evidence testifying to their efficacy has yet to be established. Rising pricing pressures and concerns regarding the safety of smoke evacuation systems will also hinder the market growth. ...... Read More |
July 29, 2020 |
Power Bank Market worth $13.4 billion by 2025According to the new market research report "Power Bank Market with COVID-19 Impact by Capacity (5,001-10,000 mAh, 10,001-15,000 mAh, 15,001-20,000 mAh), Units of USB Port, Indicator, Battery Type, Price Range, Application (Smartphone, Tablet, Wearable Device), and Region - Global Forecast to 2025”, the power bank market is projected to grow from USD 9.0 billion in 2020 to USD 13.4 billion by 2025; it is expected to grow at a CAGR of 8.1% from 2020 to 2025. The growth of this market is expected to be driven by the integration of advanced technology in power banks, an increase in power consumption in smartphones due to various software applications, decline in the price of power banks, and sudden shift to work-from-home & remote learning due to COVID-19 resulting in spike in demand for laptops. These factors have helped the power bank market gain traction in applications, such as smartphones, tablets, portable media players, wearable devices, digital cameras, and others. ...... Read More |
July 29, 2020 |
Network Security Firewall Market worth $10.5 billion by 2025According to a research report "Network Security Firewall Market by Component, Solution (Signaling Firewall (SS7 and Diameter Firewall) and SMS Firewall (A2P and P2A Messaging)), Service (Professional Services and Managed Services), Deployment, and Region - Global Forecast to 2025" published by MarketsandMarkets, the global network security firewall market size is expected to grow from USD 3.8 billion in 2020 to USD 10.5 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 22.9% during the forecast period. An increased demand for network security and privacys; advent of NextGen technologies for network security; new vulnerabilities in SS7; and administrative regulations and advancement of digital transformation in the telecom industry are major driving factors for the network security firewall market. ...... Read More |
July 29, 2020 |
Biometric-as-a-Service Market worth $3.6 billion by 2025The report "Biometric-as-a-Service Market by Offering, Solution (Fingerprint Recognition, Iris Recognition, Voice Recognition, Palm & Vein Recognition), Trait (Physiological, Behavioral), Modality, Organization Size, Vertical, Region-Global Forecast to 2025" size to grow from USD 1.5 billion in 2020 to USD 3.7 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 19.7% and post COVID-19 market size is expected to grow from 1.4 billion to 3.6 billion at a CAGR of 19.7% during the forecast period. Increasing users and data-security initiatives by government, growing usage of mobile devices, and rising demand for robust fraud detection and prevention systems are major growth factors for the market. The growing demand for fast and secure users’ identification and regulatory compliances in healthcare to handle patient information with the utmost privacy and proper care would provide opportunities for vendors in the biometric-as-a-service market. ...... Read More |
July 29, 2020 |
Asset Management System Market worth $27.4 billion by 2025According to the new market research report "Asset Management System Market With Covid-19 Impact by Solution (GPS, RFID, RTLS, Barcode), Asset Type (Electronic Assets, Returnable Transport Assets, In-Transit Equipment, Manufacturing Assets, Staff), Industry, Geography - Global Forecast to 2025" , The Asset Management System Market is projected to grow from USD 16.8 billion in 2020 to USD 27.4 billion by 2025; it is expected to grow at a CAGR of 10.3% from 2020 to 2025. The key factors fueling the growth of the market include the optimum utilization of resources and reduced downtime of equipment. ...... Read More |
July 28, 2020 |
IoT Middleware Market worth $25.0 billion by 2025According to a research report "IoT Middleware Market by Platform Type (Device, Application, and Connectivity Management), Organization Size (Large Enterprises and SMES), Vertical (Manufacturing, Government & Defense, Automotive & Transportation), and Region - Global Forecast to 2025" published by MarketsandMarkets, the global IoT middleware market size is expected to grow from USD 10.1 billion in 2020 to USD 25.0 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 19.7% during the forecast period. ...... Read More |
July 27, 2020 |
Digital Substation Market worth $9.1 billion by 2025The report "Digital Substation Market with Covid-19 Impact Analysis by Module (Hardware, Fiber-Optic Communication Networks, and Scada Systems), Type (Transmission and Distribution), Voltage, Installation Type, Industry, and Region - Global Forecast to 2025" According to the new research report the global digital substation market is projected to reach USD 9.1 billion in 2025 from USD 6.4 billion in 2020, at a CAGR of 7.1% between 2020 and 2025.The growth of this market can be attributed to the increasing investments in smart cities and the development of smart grid infrastructure and superior benefits of digital substations over traditional counterparts are the major factors contributing to the growth of the Digital Substation market globally. ...... Read More |
July 27, 2020 |
Data Governance Market worth $5.7 billion by 2025The report "Data Governance Market by Component, Deployment Model, Organisation Size, Application (Risk Management, Incident Management, and Compliance Management), Vertical (Manufacturing, Healthcare and BFSI), and Region - Global Forecast to 2025", size is expected to grow from USD 2.1 billion in 2020 to USD 5.7 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 22.3% during the forecast period. Due to the rapidly increasing growth in data volumes, rising regulatory and compliance mandates, and enhancing strategic risk management and decision-making with the increasing business collaborations are expected to drive the growth of the data governance market. ...... Read More |
July 27, 2020 |
Polymer Modified Cementitious Coatings Market worth $1.5 billion by 2025The report "Polymer Modified Cementitious Coatings Market by Flexibility, Composition, Polymer Type (Acrylic Polymers, Sbr Latex), Application (Non-Residential Buildings, Residential Buildings, Public Infrastructure) And Region-Global Forecast to 2025", The polymer modified cementitious coatings market in 2020 is estimated at USD 1.1 billion and is projected to reach USD 1.5 billion by 2025, at a CAGR of 6.5% from 2020 to 2025. The growth of this market can be attributed to the increasing demand for polymer modified cementitious coatings from the residential buildings sector. In addition, government initiatives to support infrastructural developments in the Asia Pacific region are anticipated to drive the growth of the polymer modified cementitious coatings market. Furthermore, outbreak of COVID-19 pandemic is anticipated to hamper the consumption of polymer modified cementitious coatings which affects the market growth. ...... Read More |
July 23, 2020 |
Rich Communication Services (RCS) Market worth $11.7 billion by 2025According to a research report "Rich Communication Services (RCS) Market by Application (Advertising Campaign, Content Delivery, and Integrated Solutions), End-User (Consumers and Enterprises), Enterprise Size, Enterprise Vertical, and Region - Global Forecast to 2025" published by MarketsandMarkets, the RCS market size is projected to grow from USD 5.2 billion in 2020 to USD 11.7 billion by 2025, at a CAGR of 17.6% from 2020 to 2025. Major growth drivers for the market include the growing expenditures on digital marketing across verticals. ...... Read More |
July 23, 2020 |
3D Machine Vision Market worth $2.4 billion by 2025The report "3D Machine Vision Market with COVID-19 impact Analysis by Offering (Hardware and Software), Product (PC-based and Smart Camera-based), Application, Vertical (Industrial and Non-Industrial) & Geography - Global Forecast till 2025.", was valued at USD 1.5 billion in 2019 and is projected to reach USD 2.4 billion by 2025; it is expected to grow at a CAGR of 9.4% from 2020 to 2025. The rising awareness of consumers about product quality has led to an increased demand for quality inspection and automation of end products. A growing number of companies are focusing on automation systems to reduce their production costs post-COVID-19. Changes related to high-quality standards have also led to the introduction of factory automation solutions, thereby increasing the demand for 3D machine vision systems and solutions in industries. ...... Read More |
July 22, 2020 |
Fatty Alcohols Market worth $7.0 billion by 2025The report "Fatty Alcohols Market by Type (Short Chain, Pure and Mid Cut, Long Chain, Higher Chain), Application (Industrial & Domestic Cleaning, Personal Care, Plasticizers, Lubricants, Food & Nutrition), and by Region - Global Forecast to 2025", The global fatty alcohols market size is expected to grow from USD 5.4 billion in 2020 to USD 7.0 billion by 2025, at a CAGR of 5.2%, during the forecast period. The major factors driving the market include growing consumption of fatty alcohols in the emerging clusters of APAC is mainly because of the rising per capita expenditure on personal care products and abundant availability of raw materials and cheap labor force, and growing demand from various applications such personal care and industrial & domestic cleaning application. ...... Read More |
July 22, 2020 |
Nurse Call Systems Market worth $2.7 billion by 2025The report "Nurse Call Systems Market by Type (Button,Integrated Communication System, Intercom, Mobile System),Technology (Wired, Wireless), Application (Alarm & Communication, Workflow Optimization, Fall detector), End User - Global Forecast to 2025", is projected to reach $2.7 billion by 2025 from $1.7 billion in 2020, at a CAGR of 9.4% from 2020 to 2025, driven by the ease of communication, diverse applications of nurse call systems, and technological advancements. Increasing incidences of Alzheimers disease and the growing number of assisted living centers are expected to provide a wide range of growth opportunities for players in the market. ...... Read More |
July 20, 2020 |
Aircraft Electrical Systems Industry worth $37,265 million by 2030According to the new market research report "Aircraft Electrical Systems Market by System (Power Generation, Conversion, Distribution, Energy Storage), Component, Technology, Platform (Commercial Aviation, Military Aviation, Business and General Aviation), End-User, Application and Region - Global Forecast to 2030", The aircraft electrical systems market is projected to grow from USD 19,344 million in 2020 to USD 37,265 million by 2030, at a CAGR of 6.8% during the forecast period. Lightweight wiring in aircraft electrical systems and advancements of high-density battery solutions for electric aircraft are expected to be the major factors driving the market. ...... Read More |
July 20, 2020 |
Spirometer Market worth $1,285 million by 2025The report "Spirometer Market by Product (Device, Consumables and Accessories, Software), Mechanism(Flow Sensor, Peak Flow Meter), Application(COPD, Asthma), End User(Hospital, Clinical Laboratory, Homecare, Industrial Setting) - Global Forecast to 2025", is expected to reach $1,285 million by 2025 from $799 million in 2020, at a CAGR of 11.1%. Growth in this market is largely driven by the rising global incidence of respiratory diseases, increasing aging population, and the technological shift in spirometer devices towards smartphone-based data acquisition. ...... Read More |
July 17, 2020 |
Integrated Workplace Management System (IWMS) Market worth $4.6 billion by 2025According to a research report "Integrated Workplace Management System (IWMS) Market by Offering (Solution and Services (Professional & Managed)), Deployment Type, Organization Size, Vertical (Real Estate & Construction, Healthcare, Retail, Education), and Region - Global forecast to 2025" published by MarketsandMarkets, the Integrated Workplace Management System (IWMS) market size is projected to grow from USD 2.6 billion in 2020 to USD 4.6 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 12.5% from 2020 to 2025. The demand for IWMS is driven by the requirement of improved and efficient operational solutions, which is leading toward an increased sophistication of solutions and services. ...... Read More |
July 17, 2020 |
Hyper-Converged Infrastructure Market worth $27.1 billion by 2025According to report "Hyper-Converged Infrastructure Market by Component (Hardware and Software), Application (ROBO, VDI, Data Center Consolidation, and Backup/Recovery/Disaster Recovery), End User, Organization Size, Enterprise, and Region - Global Forecast to 2025", the global HCI market size is expected to grow from USD 7.8 billion in 2020 to USD 27.1 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 28.1% during the forecast period. HCI enables a highly scalable approach, wherein data center functions are pooled onto commodity hardware and are shared between virtual machines running on any host in the cluster. This approach provides agile deployment of virtualized workloads, reduction of data center complexity, and improved operational efficiency. ...... Read More |
July 16, 2020 |
Eye Tracking Market worth $1,098 million by 2025According to the new market research report "Eye Tracking Market with COVID-19 Impact Analysis by Offering (Hardware, Software, Services), Tracking Type (Remote and Mobile), Application (Assistive Communication, and Human Behavior & Market Research), Vertical, and Geography- Global Forecast to 2025", is expected to grow from USD 368 million in 2020 to USD 1,098 million by 2025; it is expected to grow at a CAGR of 24.5% from 2020 to 2025. The high demand for eye trackers in the healthcare vertical, especially for the assistive communication application is one of the key driving factors for the eye tracking market. The increasing penetration of eye tracking technology in the consumer electronics vertical, and high demand for eye trackers for personalized advertisements and consumer research purposes are a few other key factors having a positive impact on the growth of the eye tracking market. ...... Read More |
July 16, 2020 |
Industrial Hose Market worth $16.4 billion by 2025According to the new research report the "Industrial Hose Market by Material (Natural Rubber, Nitrile Rubber, Polyurethane, PVC), Media Type, Industry (Automotive, oil & gas, Chemicals, Pharmaceuticals, Infrastructure, food & beverages, agriculture), and Geography - Global Forecast to 2025", is expected to grow from USD 10.2 billion in 2020 to USD 16.4 billion by 2025; it is expected to grow at a CAGR of 9.9% during 2020–2025. ...... Read More |
July 14, 2020 |
Coiled Tubing Market worth $4.0 billion by 2025The report "Coiled Tubing Market by Fleet (Operator, Region), Service (Well Intervention Service (Well Completions & Mechanical Operations, Well Cleaning & Pumping Operations) Drilling Service, Others), Application (Onshore, Offshore), Region - Global Forecast to 2025", size is projected to reach USD 4.0 billion by 2025 from an estimated USD 3.0 billion in 2020, at a post COVID-19 CAGR of 5.8% during the forecast period. The rising number of mature fields in Europe and the Middle East, along with rising primary energy demand from Asia Pacific are the driving factors for the coiled tubing industry, globally. Coiled tubing units are required while intervention and drilling operations during either of the phases, well drilling, completion, and production. ...... Read More |
July 13, 2020 |
Protective Clothing Market worth $12.3 billion by 2025The report "Protective Clothing Market by Material Type (Aramid & Blends, Polyolefin & Blends, Polyamide, and PBI), Application (Thermal, Chemical, and Visibility), End-Use Industry (Construction, Manufacturing, Oil & Gas, and Mining) - Global Forecast to 2025", is projected to reach USD 12.3 billion by 2025, at a CAGR of 6.9% from USD 8.8 billion in 2020. ...... Read More |
July 10, 2020 |
Automotive Test Equipment Market worth $3.7 billion by 2025The report "Automotive Test Equipment Market by Product (Engine, Chassis, and Transmission Dynamometer, Vehicle Emission, Wheel Alignment, & Fuel Injection Pump Tester), End Market, Vehicle, Application, Advance Technology, and Region - Global Forecast to 2025", The Global automotive test equipment market size is projected to grow at a CAGR of 4.1% from USD 3.0 billion in 2020 to reach USD 3.7 billion by 2025. ...... Read More |
July 9, 2020 |
Aerospace Composites Market worth $51.6 billion by 2027The report " Aerospace Composites Market by Fiber Type (Carbon Fiber Composites, Ceramic Fiber Composites, Glass Fiber Composites), Matrix Type, Manufacturing Process (AFP/ATL, Resin Transfer Molding), Application, Aircraft Type, and Region - Global Forecast to 2027", is projected to grow from USD 26.6 billion in 2021 to USD 51.6 billion by 2027, at a CAGR of 11.7% during the forecast period. The market is growing due to the increase in the demand for high-performance materials, with properties such as low weight, high strength-to-weight ratio, good tensile strength, and electrical conductivity. ...... Read More |
July 9, 2020 |
Trauma Products Market worth $7.6 billion by 2025The report "Trauma Products Market by Type (Internal (Plates, Screw, Nails, Pins, Staples), External Fixators (Circular, Hybrid), Surgical Site (Hand, Wrist, Shoulder, Elbow, Hip, Pelvis, Foot, Thigh, Ankle, Knee), End User (Hospital, ASC) - Global Forecast to 2025" is projected to reach USD 7.6 billion by 2025 from USD 5.0 billion in 2020, at a CAGR of 8.3% during the forecast period. The growth in this market is driven by the rising prevalence of degenerative bone diseases, increasing incidence of sports injuries, and the growing number of road accidents and falls. However, Metal sensitivity in patients with trauma implants has hampered market growth to an extent ...... Read More |
July 8, 2020 |
Fluoroelastomers Market worth $1.8 billion by 2025The report "Fluoroelastomers Market by Type (FKM, FVMQ, FFKM), Application (O-rings, seals & gaskets, Hoses), End-use (Automotive, Aerospace, Chemicals, Oil & Gas, Pharmaceutical & Food, Energy & Power) and Region - Global Forecast to 2025", The global fluoroelastomers market size is projected to grow from USD 1.6 billion in 2020 to USD 1.8 billion by 2025, at a CAGR of 2.5%% between 2020 and 2025. The growth is attributed to increasing demand for more fuel-efficient vehicles, strict emission norms in the auto industry, and growth in major end-use industries. ...... Read More |
July 7, 2020 |
Automotive Axle & Propeller Shaft Market worth $25.4 billion by 2025The report "Automotive Axle & Propeller Shaft Market by Axle Type (Live, Dead & Tandem), Axle Position (Front & Rear), Propeller Shaft Type (Single & Multi-Piece), Passenger Car Propeller Shaft Material (Alloy & Carbon Fiber) and Region - Global Forecast to 2025", The global automotive axle & propeller shaft market size is projected to grow at a CAGR of 3.2% during the forecast period, to reach a market size of USD 25.4 billion by 2025 from USD 21.7 billion in 2020. Increasing production of heavy commercial vehicles, rising SUV demand, and growing adoption of AWD vehicles to get enhanced traction is expected to fuel the demand for Automotive Axle & Propeller Shaft Market. ...... Read More |
July 6, 2020 |
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