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Home › Press Releases
Press Releases
Title | Date |
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Electric Tractor Industry worth $3.4 billion by 2030According to a research report "Electric Tractor Market by Propulsion (Battery, Hybrid & Hydrogen), Capacity (<50, 51–100 & >100kWh), Chemistry (LFP & NMC), Hybrid Tractor (<50, 51–100 & >100HP), Function (Agriculture, Utility & Industrial) and Region - Global Forecast to 2030" published by MarketsandMarkets, the global electric tractor market is estimated to grow from USD 0.7 billion in 2024 to USD 3.4 billion by 2030, at a CAGR of 28.3%. ...... Read More |
March 13, 2024 |
Protective Packaging Market worth $44.5 billion by 2028The report "Protective Packaging Market by Material (Foam Plastics, Paper & Paperboard, Plastics), Type (Flexible Protective Packaging, Rigid Protective Packaging, Foam Protective Packaging), Function, Application, and Region - Global Forecast to 2028", is projected to grow from USD 33.3 billion in 2023 to USD 44.5 billion by 2028 at a CAGR of 5.9%. ...... Read More |
March 13, 2024 |
Cable Modem Termination System (CTMS) and Converged Cable Access Platform (CCAP) Industry worth $10.4 billion by 2029According to the new market research report "Cable Modem Termination System (CTMS) and Converged Cable Access Platform (CCAP) Market by Type (CMTS (traditional CMTS, Virtual CMTS) and CCAP), DOCSIS Standard (DOCSIS 3.1 and DOCSIS 3.0 and Below) and Geography- Global Forecast to 2029" The CMTS and CCAP market is projected to grow from USD 6.7 billion in 2024 and is expected to reach USD 10.4 billion by 2029, growing at a CAGR of 9.3% from 2024 to 2029. The introduction of DOCSIS 4.0 technology is expected to be one of the key driving factors for this market. DOCSIS 4.0 introduces Full Duplex DOCSIS (FDX), enabling symmetrical upload and download speeds. This is a significant improvement over previous versions, which typically have higher download speeds than upload speeds. Symmetrical speeds are beneficial for applications such as video conferencing, cloud services, and other upload-intensive activities. Moreover, This enables a smoother transition for cable operators, allowing them to upgrade their networks gradually without disrupting existing services. ...... Read More |
March 13, 2024 |
Electroceuticals/Bioelectric Medicine Market worth $33.6 billion by 2029The report "Electroceuticals/Bioelectric Medicine Market by Product (Cardiac Pacemakers, ICD, Cochlear Implant, Neuromodulation (Deep Brain Stimulation)), Type (Implantable, Non-Invasive), Application (Arrhythmia, Heart Failure, Epilepsy) - Global Forecast to 2029", is projected to reach USD 33.6 billion by 2029 from USD 23.9 billion in 2024, at a CAGR of 7.0%. ...... Read More |
March 13, 2024 |
Industrial Filtration Market worth $47.1 billion by 2029According to a research report "Industrial Filtration Market by Type (Air & Liquid), Product (Filter Press, Bag, Drum, Depth, Cartridge, HEPA, ULPA), Filter Media (Activated Charcoal, Fiberglass, Filter Paper, Metal, Nonwoven Fabric), Industry and Region - Global Forecast to 2029" published by MarketsandMarkets, the global industrial filtration market is forecast to reach USD 47.1 billion by 2029 from an estimated USD 37.1 billion in 2024, at a CAGR of 4.9% during the forecast period (2024-2029). ...... Read More |
March 12, 2024 |
Electronic Toll Collection Industry worth $14.7 billion by 2029The report "Electronic Toll Collection Market by Technology (RFID and DSRC), Offering (Hardware and Back Office), Application (Highways and Urban Areas), Type (Transponders/Tag-Based Tolling Systems) and Region - Global Forecast to 2029" The global electronic toll collection market was valued at USD 10.1 billion in 2024 and is projected to reach USD 14.7 billion by 2029; it is expected to register a CAGR of 7.9% during the forecast period The rise in demand for electronic toll collection systems is attributed to the Urgent need to mitigate traffic congestion and reduce road accidents, strong government support through funding and investment in deployment of advanced tolling solutions, and high convenience due to automated payment options. ...... Read More |
March 12, 2024 |
Gene Expression Analysis Market worth $6.2 billion by 2029The report "Gene Expression Analysis Market by Product (Reagents, Enzymes, kits, DNA Chips, PCR, NGS, DNA Microarray), Service (RNA Sequencing, Bioinformatics), Application (Drug discovery & development, clinical diagnostics), End User - Global Forecast to 2029", is projected to reach USD 6.2 billion by 2029 from an estimated USD 4.2 billion in 2024, at a CAGR of 8.1% during the forecast period. ...... Read More |
March 12, 2024 |
Minimally Invasive Surgery Market worth $74.6 billion by 2029The report "Minimally Invasive Surgery Market by Product (Robotics, Imaging, Instrument (Handheld, inflation, Guiding, electrosurgery, endoscopy)), Application (CVD, thoracic, neuro, ENT, OB/GYN, orthopedic), Enduser - Global Forecast to 2029", is projected to reach USD 74.6 billion by 2029 from USD 34.0 billion in 2024, growing at a CAGR of 17.0% during the forecast period. The expansion of the minimally invasive surgery market is propelled by several synergistic factors, including increasing demand for MIS procedures, escalating chronic disorder prevalence, increasing geriatric patient population, rising public-private investments to support for the clinical research and the presence of key market players in developing regions. ...... Read More |
March 12, 2024 |
Green Hydrogen Market worth $30.6 billion by 2030The report "Green Hydrogen Market by Technology (Alkaline and PEM), Renewable source (Wind, Solar), End-use Industry (Mobility, Power, Chemical, Industrial, Grid Injection), and Region (North America, Europe, APAC, MEA, & Latin America) - Global Forecast to 2030", is projected to grow from USD 1.1 billion in 2023 to USD 30.6 billion by 2030, at a CAGR of 61.1% during the forecasted period. High demand from the mobility segment, power industry, electrolysis technologies development, and the low cost for producing renewable energy is expected to drive the green hydrogen market. ...... Read More |
March 12, 2024 |
Identity Verification Industry worth $21.8 billion by 2028According to a research report "Identity Verification Market by Offering (Solutions and Services), Type (Biometric and Non-Biometric), Organization Size, Deployment Mode, Application, Vertical (BFSI, Retail & eCommerce, and Gaming & Gambling) and Region - Global Forecast to 2028" published by MarketsandMarkets, the global Identity Verification market is projected to grow from USD 10.9 billion in 2023 to USD 21.8 billion by 2028 at a compound annual growth rate (CAGR) of 14.9% during the forecast period. Increasing regulatory requirements worldwide, such as KYC and AML mandates, compel businesses to adopt robust identity verification solutions, driving market growth. Compliance with stringent financial crime prevention and data protection regulations increases demand for advanced identity verification technologies across industries. ...... Read More |
March 12, 2024 |
Wearable AI Industry worth $138.5 billion by 2029The report "Wearable AI Market by Product (Smartwatches, Fitness Tracker, AR/VR Headsets, Wearable Cameras, Smart Earwear, Smart Clothing & Footwear), Operation (On-device AI, Cloud-based AI), Application (Consumer Electronics, Healthcare) - Global Forecast to 2029" The wearable AI market is projected to grow from USD 62.7 billion in 2024 and is estimated to reach USD 138.5 billion by 2029; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 17.2% from 2024 to 2029. The growth of the wearable AI market is driven by growing awareness regarding health and fitness among general population and technological advancements in wearables, seamless integration with smartphones and Internet of Things (IoT). ...... Read More |
March 11, 2024 |
Digital Risk Protection Industry worth $157.8 billion by 2028According to a research report "Digital Risk Protection Market by Offering, Solution Type (Automated Threat Mitigation, Phishing Protection, Incident Response), Security Type, Organization Size, Deployment Mode, Vertical and Region - Global Forecast to 2028" published by MarketsandMarkets, the global digital risk protection market is growing quickly, valued at USD 64.4 billion in 2023 and expected to reach USD 157.8 billion by 2028, with a significant growth rate of 19.6%. This growth is driven by the ongoing and evolving cyber threats, which are becoming more complex and sophisticated. Organizations are strengthening their cybersecurity defenses to combat the various tactics used by cybercriminals. With the rise of remote work and the increasing interconnectedness of digital systems, there's a greater need for strong digital risk protection measures. Additionally, stricter regulations like GDPR and other data protection laws are pushing for more advanced cybersecurity solutions. In this complex cybersecurity landscape, the digital risk protection market plays a vital role by providing innovative strategies to defend against a wide range of cyber threats, ensuring the security of digital communication channels, and safeguarding sensitive information. ...... Read More |
March 11, 2024 |
Future of Airport Industry Outlook worth $2,404 billion in 2040According to a research report, "Future of Airport Industry to 2030" published by MarketsandMarkets: Global Airport investment is estimated to reach USD 2,404 billion in 2040 from USD 200 billion in 2021, at a CAGR of 14.4%. The airport industry's significant regional investments reflect a broader global trend toward expanding and upgrading airport infrastructure. This trend is driven by anticipated growth in passenger traffic, the strategic importance of these regions as international transit hubs, and the recognition of airport infrastructure as a critical component of broader economic development and tourism strategies. ...... Read More |
March 11, 2024 |
Pharmaceutical Membrane Filtration Market worth $19.6 billion by 2029The report "Pharmaceutical Membrane Filtration Market by Product (Filters (PES, PVDF, Nylon), Systems (Single use)), Technique (Microfiltration, Ultrafiltration), Application (API, Vaccines), Type (Sterile, Non Sterile), Scale of Operation - Global Forecast to 2029", is projected to reach USD 19.6 billion by 2029 from USD 10.6 billion in 2024, at a CAGR of 13.1% during the forecast period of 2024 to 2029. Some factors contributing to the growth of the global market includes increasing adoption of single use membrane filters coupled by high purity requirements among end users, increasing R&D spending by government and private organizations, and increasing regulations for membrane filter’s safety by regulatory bodies. Despite this, issues such as membrane fouling, and large capital investment are expected to hinder market growth. ...... Read More |
March 11, 2024 |
Digital Oilfield Market worth $43.0 billion by 2029According to a research report "Digital Oilfield Market by Solution (Hardware, Software & Service, Data Storage Solutions), Processes (Reservoir, Production, Drilling Optimizations, Safety Management), Application (Onshore, Offshore), Technology and Region - Global Forecast to 2029" published by MarketsandMarkets, the global digital oilfield market is projected to reach USD 43.0 billion by 2029 from an estimated USD 30.1 billion in 2023, at a CAGR of 6.3% during the forecast period. Digital oilfields play a crucial role in improving operational efficiency, reducing costs, and addressing industry challenges by integrating advanced technologies and data-driven solutions. It leverages a combination of hardware, software, and data storage solutions, including sensors, automation systems, and advanced data analytics, to capture, process, and interpret real-time data from diverse oilfield activities such as exploration, drilling, production, and reservoir management. ...... Read More |
March 11, 2024 |
Activated Carbon Market worth $8.4 billion by 2030The report "Activated Carbon Market by Type (Powdered Activated Carbon, Granular Activated Carbon), Application (Liquid Phase Application, and Gas Phase Application), End-Use Industry, Raw Material (Coal, Coconut, Wood, Peat), and Region - Global Forecast to 2030", is projected to grow from USD 4.4 billion in 2023 to USD 8.4 billion by 2030, at a CAGR of 9.8% during the forecast period. The increasing global population and improving living standards contribute to a heightened demand for clean air and water. Hence, there is a rise in the purification of both air and water, which drives the activated carbon market during the forecast period. Additionally, factors such as the growing food and beverage industry, recovery of the automotive sector, and strict government regulations further propel the market for activated carbon. However, the market faces challenges due to the scarcity of raw materials, leading to price hikes. The reactivation of activated carbon presents lucrative opportunities for producers in the industry. Weak economic growth remains a significant challenge for the market. ...... Read More |
March 11, 2024 |
Medical Waste Management Market worth $12.2 billion by 2028The report "Medical Waste Management Market by Service (Collection, Treatment, Disposal, Incineration, Recycling), Type of Waste (Non-hazardous, Infectious, Pharmaceutical), Treatment Site (Offsite, Onsite), Waste Generator (Hospital, Labs) - Global Forecast to 2028", is valued at an estimated USD 9.2 billion in 2023 and is projected to reach USD 12.2 billion by 2028, at a CAGR of 5.9% during the forecast period. ...... Read More |
March 8, 2024 |
Gas Engine Market worth $6.3 billion by 2029According to a research report "Gas Engine Market by Fuel Type (Natural Gas, Special Gas), Power Output (0.5-1 MW, 1.1-2 MW, 2.1-5 MW, 5.1-15 MW, Above 15 MW), Application (Power Generation, Cogeneration, Mechanical Drive), End-Use Industry and Region - Global Forecast to 2029" published by MarketsandMarkets, the Gas Engine market is anticipated to witness a significant expansion, with the market size projected to reach approximately USD 6.3 billion by 2029, showcasing a Compound Annual Growth Rate (CAGR) of 4.5% from the estimated value of USD 5.1 billion in 2024. The growth in this market can be attributed to various factors stimulating demand. A prominent driver is the escalating focus on cleaner energy sources and sustainability initiatives, prompting a surge in the adoption of gas-powered engines as a viable alternative to conventional fossil fuel-based options. Furthermore, technological advancements, including enhanced efficiency and reliability of gas engines, are significantly contributing to market expansion. These advancements not only improve the performance of gas engines but also make them more competitive and appealing to consumers seeking reliable and environmentally friendly power solutions. ...... Read More |
March 8, 2024 |
Thermoform Packaging Market worth $65.6 billion by 2028The report "Thermoform Packaging Market by Material (Plastic, Aluminum, Paper & Paperboard), Heat Seal Coating (Water-Based, Solvent-Based, Hot-Melt-Based), Type (Blister Packaging, Clamshell Packaging, Skin Packaging), End-Use Industry - Global Forecast to 2028", size is projected to grow from USD 52.2 billion in 2023 to USD 65.6 billion by 2028, at a CAGR of 4.7% from 2023 to 2028. ...... Read More |
March 8, 2024 |
Customer Data Platform Industry worth $28.2 billion by 2028According to a research report "Customer Data Platform Market by Offering, Application (Customer Retention & Engagement, Personalized Recommendation), Data Channel (Email, Social, SMS, Web), Type, (Data CDP, Analytics CDP, Campaign CDP), Vertical and Region - Global Forecast to 2028" published by MarketsandMarkets, the Customer Data Platform (CDP) market is projected to grow from USD 5.1 billion in 2023 and USD 7.4 billion in 2024 to USD 28.2 billion by 2028, at a compound annual growth rate (CAGR) of 39.9% during the forecast period (2024-2028). The Customer Data Platform (CDP) market is expected to grow significantly during the forecast period, owing to various business drivers like the increasing data volume and complexity, growing regulatory compliance requirements, shift toward data-driven marketing and advertising, and changing landscape of customer intelligence. The need to deliver omnichannel experience, and proliferation of customer channels is also responsible for driving the market’s growth. ...... Read More |
March 8, 2024 |
Influencer Marketing Platform Industry worth $50.3 billion by 2028According to a research report "Influencer Marketing Platform Market by Offering, Application (Product Seeding, Influencer Relationship Management), Marketing Type (Content Marketing and Distribution, Event Promotion and Attendance), End User and Region - Global Forecast to 2028" published by MarketsandMarkets, the global market for influencer marketing platform is estimated to grow from USD 10.6 billion in 2023 to USD 14.2 billion in 2024 and is forecasted to reach USD 50.3 billion by 2028, at a CAGR of 37.1% during 2024-2028 period. Influencer marketing platforms streamline campaign processes, offering efficient influencer discovery tools that save time and ensure relevance. It provides a diverse pool of influencers, catering to various audience demographics from micro to macro-influencers. Robust analytics empower brands with valuable insights into campaign performance, enabling data-driven decision-making and optimization. These platforms foster transparency and accountability through clear communication, defined deliverables, and performance tracking, building trust between brands and influencers. Overall, it allows brands to focus on other marketing strategies while driving impactful results through targeted collaborations. ...... Read More |
March 7, 2024 |
Autonomous Train Market worth $18.9 billion by 2030According to a research report "Autonomous Train Market by Level of Automation (GOAI, GOA2, GOA3, GOA4), Technology (CBTC, ERTMS, ATC, PTC), Application, Component, Train Type (Metro, Light Rail, Bullet Train/HSR), Track Length, GOA 4 Systems and Region - Global Forecast to 2030" published by MarketsandMarkets, the overall autonomous train market is estimated at USD 13.6 billion in 2024 and is projected to grow at a CAGR of 5.7% from 2024 to 2030, to reach USD 18.9 billion by 2030. Asia Pacific is projected to lead the autonomous train market during the forecast period, followed by Europe. In an era characterized by increasing urbanization, autonomous trains have emerged as a transformative solution for the modern rail transportation. Additionally, government authorities' support and investments are playing a vital role in driving the growth of the autonomous train market. ...... Read More |
March 7, 2024 |
Electronic Chemicals and Materials Market worth $77.8 billion by 2028The report "Electronic Chemicals and Materials Market by Type (Specialty Gases, CMP Slurries, Conductive Polymers, Photoresist Chemicals, Low K Dielectrics, Wet Chemicals, Silicon Wafers, PCB Laminates), Application, and Region - Global Forecast to 2028", size is projected to grow from USD 59.1 billion in 2023 and is projected to reach USD 77.8 billion by 2028, at a CAGR of 5.6%. This growth is propelled by the increasing demand for electronic devices across sectors like consumer electronics, automotive, healthcare, and telecommunications. Advances in technology necessitate specialized materials for enhanced performance, reliability, and efficiency in semiconductor manufacturing, PCBs, display technologies, and packaging materials. Stringent environmental regulations are driving the adoption of eco-friendly solutions, while emerging technologies such as 5G, IoT, AI, and EVs are fueling demand for specialized electronic components and materials. Overall, the growth is spurred by expanding electronic applications, technological advancements, regulatory pressures, and the uptake of emerging technologies. ...... Read More |
March 7, 2024 |
Egg Processing Industry worth $47.2 billion by 2029According to a research report "Egg Processing Market by product type (Dried Egg Products, Liquid Egg Products, Frozen Egg Products), End-use Application (Food Processing and Manufacturing, Food Service, Retail), Nature and Region - Global Forecast to 2029" published by MarketsandMarkets, the global egg processing industry, valued at USD 37.5 Billion in 2024, highlights a remarkable growth projection, anticipated to escalate to USD 47.2 Billion by 2029, indicating a robust compound annual growth rate (CAGR) of 4.7% during the forecast period. According to the United States Department of Agriculture (USDA) report of egg product export information in 2022, The high export value of USD 718.92 million in 2022 and the diversity of top export markets such as Canada, Mexico, and South Korea indicate a strong international demand for processed egg products. This shows that the processing market is expanding to meet this demand, potentially driven by factors like convenience, longer shelf life, and safety assurances offered by processed products. Additionally, the USDA's resources offering guidance and market reports suggest proactive support for the industry, potentially fostering innovation and expansion into new markets, further contributing to the growth of the egg processing market. ...... Read More |
March 7, 2024 |
Biomaterials Market worth $64.2 Bn by 2029The report "Biomaterials Market by Type (Metallic (Gold, Magnesium), Ceramic (Aluminum Oxide, Carbon), Polymer (Polyethylene, Polyester), Natural (Hyaluronic acid, Collagen, Gelatin)), Application (Orthopedic, Dental, CVD, Ophthalmology) - Global Forecast to 2029 ", is projected to reach USD 64.2 Bn by 2029 from USD 45.2 Bn in 2024, at a CAGR of 7.3% during the forecast period of 2024 to 2029. ...... Read More |
March 7, 2024 |
Laser Processing Industry worth $11.0 billion by 2029According to the new research report "Laser Processing Market by Laser Type (Solid Lasers, Liquid Lasers, Gas Lasers), Configuration (Fixed Beam, Moving Beam, Hybrid), Application (Cutting, Welding, Drilling, Marking and Engraving), End-user Industry and Region - Global Forecast to 2029" The Laser Processing Market is expected to reach USD 11.0 billion by 2029 from USD 6.8 billion in 2024, at a CAGR of 10.1% during 2024–2029. The significant growth factors associated with the Laser Processing Market growth are the Surging demand for laser processing in medical applications, advancement of laser-based techniques compared with conventional material processing methods, Significant transition towards nanodevices and microdevices production, Rising demand for authentic and top-notch products. ...... Read More |
March 7, 2024 |
Video on Demand (VoD) Industry worth $270.3 billion by 2028According to a research report "Video on Demand (VoD) Market by Offering (Solutions, Services), Monetization Model (SVoD, AVoD), Platform Type (Smartphones, Smart TVs), Deployment Model, Content Type (Movies, Music), Vertical and Region - Global Forecast to 2028" published by MarketsandMarkets, the global VoD market will grow from USD 146.6 billion in 2023 to USD 270.3 billion by 2028 at a compounded annual growth rate (CAGR) of 13.0% during the forecast period. The VoD market is primarily propelled by shifting consumer preferences and technological advancements. As viewers increasingly seek convenience and flexibility in their entertainment choices, VoD services offer a vast array of content accessible anytime, anywhere. The rise of high-speed internet and the proliferation of smart devices have democratized access to streaming platforms, fostering a culture of binge-watching and personalized content consumption. Additionally, the emergence of original programming from streaming giants and niche content providers has intensified competition, driving innovation and investment in exclusive content creation. ...... Read More |
March 6, 2024 |
Radiation Hardened Electronics Industry worth $2.1 billion by 2029The report "Radiation Hardened Electronics Market by Component (Mixed Signal ICs, Processors & Controllers, Memory, Power Management), Manufacturing Techniques (RHBD, RHBP), Product Type, Application and Geography - Global Forecast to 2029" The radiation-hardened electronics market is expected to grow from USD 1.7 billion in 2024 to USD 2.1 billion by 2029.; it is expected to grow at a CAGR of 4.8% from 2024 to 2029. The use of radiation-hardened electronics in military missions is undergoing significant growth; for instance, modern military platforms like fighter jets, tanks, and drones integrate numerous electronic systems. Radiation hardening ensures the reliable operation of these systems within the complex electromagnetic environment of modern warfare. ...... Read More |
March 6, 2024 |
Heat Pump Market worth $157.8 billion by 2029According to a research report "Heat Pump Market by Technology (Air-to-Air, Air-to-Water, Water Source, Geothermal, Hybrid, PVT), Refrigerant (R410A, R407C, R744, R290, R717), Type (Reversible, Non-reversible), Rated Capacity, End User, Application and Region - Global Forecast to 2029" published by MarketsandMarkets, the global Heat Pump market is projected to reach USD 157.8 billion by 2029 from an estimated USD 90.1 billion in 2024, at a CAGR of 11.8% during the forecast period. ...... Read More |
March 6, 2024 |
Bioceramics Market worth $10.2 billion by 2028The report "Bioceramics Market by Type (Bio-inert, Bio-active, Bio-resorbable), Material Type (Aluminum Oxide, Zirconia, Calcium Phosphate, Calcium Sulfate), Form (Powder, Liquid), Application (Orthopedics, Dental, Biomedical), and Region- Forecast to 2028", is estimated at USD 7.4 billion in 2023 and is projected to reach USD 10.2 billion by 2028, at a CAGR of 6.7 % from 2023 to 2028. Bioceramics are a class of ceramic materials that are biocompatible and used for repairing or replacing damaged bone tissues. Bioceramics range in biocompatibility from the ceramic oxides, which are inert in the body, to the other extreme of resorbable materials, which are eventually replaced by the body after they have assisted repair. Bioceramics are used in many types of medical procedures, including dental and bone implants, joint replacements, pacemakers, kidney dialysis machines, and respirators. Bioceramics can be modelled to precise shapes and their compositions can be tailored to enhance specific properties. ...... Read More |
March 6, 2024 |
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