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Artificial Turf Market worth $114.3 billion by 2028

The report "Artificial Turf Market by Material Type (Nylon, Polypropylene, Polyethylene), Filament Type (Monofilament, Multi-Filament), End-Use Industry (Building & Construction, Automotive, Artificial Grass), and Region - Global Forecast to 2028", is estimated at USD 76.6 billion in 2022 and is projected to reach USD 114.3 billion by 2028, at a CAGR of 6.5% from 2023 to 2028. The growing demand for artificial turf in a variety of end-use industries, such as building & construction, automotive, artificial grass, is the main driver of this market expansion.

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September 29, 2023

Metabolism Assays Market worth $2.1 billion by 2028

The report "Metabolism Assays Market by Product (Instruments, Assays Kits), Technology (Colorimetry, Fluorimetry, Spectrometry), Application (Diagnostics (Diabetes, Obesity), Research), End User (Hospitals, Diagnostic Laboratories), & Region - Global Forecast to 2028", is projected to reach USD 2.1 billion by 2028 from USD 1.4 billion in 2023, at a CAGR of 7.8% during the forecast period. The growth of this market is majorly driven by rising initiatives by government to promote metabolic & disease research, innovation in metabolism assays technology by integrating with wearable devices, increase in prevalence of metabolic disorders such as diabetes and obesity, and adoption of metabolism assays by fitness and sports industries.

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September 28, 2023

Coating Additives Market worth $10.5 billion by 2028

The report "Coating Additives Market by Type (defoamers, wetting & dispersing agents, rheology modifiers), Formulation(water-borne, solvent-borne), Application(architectural, industrial, automotive & transportation, wood & furniture), Region - Global Forecast to 2028", size was USD 8.3 billion in 2023 to USD 10.5 billion by 2028, at a CAGR of 4.7% from 2023 to 2028.

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September 28, 2023

Disaster Recovery as a Service (DRaaS) Market worth $26.5 billion by 2028

According to a research report "Disaster Recovery as a Service (DRaaS) Market by Service Type (Backup & Restore, Real-Time Replication, Data Protection), Deployment Mode (Public Cloud, Private Cloud), Organization Size, Vertical and Region - Global Forecast to 2028" published by MarketsandMarkets, the DRaaS market size is expected to grow from USD 10.7 billion in 2023 to USD 26.5 billion by 2028 at a compound annual growth rate (CAGR) of 19.8% during the forecast period. The DRaaS market stands at the forefront of business resilience, propelled by a confluence of factors. Moreover, the rising menace of ransomware attacks has further accelerated the adoption of DRaaS, with organizations seeking rapid and reliable recovery options. Customization, security, and compliance remain paramount as the market evolves, driving innovation and competition among providers. With an ever-expanding global reach and a focus on business continuity, the DRaaS market is poised for continued growth and transformation in the years ahead.

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September 28, 2023

Biofuel Market worth $225.9 billion by 2028

According to a research report "Biofuel Market by Fuel Type (Ethanol, Biodiesel, Renewable Diesel, and Biojets), Generation (First Generation, Second Generation, Third Generation), End-use, Application (Transportation, Aviation) and Region - Global Forecast to 2028" published by MarketsandMarkets, the global biofuel market is projected to reach USD 225.9 billion by 2028 from an estimated USD 167.4 billion in 2023, at a CAGR of 6.2% during the forecast period. The growing demand for cleaner fuels is one of the major factors driving the biofuels market. Global biofuel demand has been increasing gradually due to goals set to achieve net zero emissions in recent years. According to Statistical Review of World Energy 2022, the total global consumption of biofuel in 2021 was 1,837 thousand barrels of oil equivalent per day. Governments of various countries across the world are focused on reducing greenhouse emissions. With the help of biofuel, greenhouse emissions can be reduced by up to 65%. Expansion of the biofuel business will result in increased employment opportunities, ensuring the stability of an economy. The demand for suitable biofuel crops, as a result of biofuel production, will support the agricultural industry. Many governments have implemented policies to promote the use of biofuels, such as blending mandates and tax credits. These policies have helped create a demand for biofuels and drive down costs. Governments worldwide have implemented a number of favorable policies to promote the use of biofuels. The high depletion of fossil fuels presents promising opportunities for the biofuel market. However, the risks associated with high initial investment for setting up biorefineries and uncertain global economic conditions have hindered the growth of the market in recent years and are expected to restrain the market's growth during the forecast period.

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September 27, 2023

Frozen Foods Market worth $363.7 billion by 2028

According to a research report "Frozen Foods Market by Product (Fruits & Vegetables, Dairy Products, Bakery Products, Meat and seafood Products, Plant-Based Protein, Convenience Food and ready Meals, Pet Food), Consumption, Type, Distribution Channel Region - Global Forecast to 2028" published by MarketsandMarkets, the frozen foods market is estimated at USD 284.2 billion in 2023 and is projected to reach USD 363.7 billion by 2028, at a CAGR of 5.1% from 2023 to 2028. The primary key factor contributing to the growing demand for frozen foods is convenience. In today's fast-paced world, consumers are constantly seeking time-saving solutions that fit their busy lifestyles. Frozen foods offer a hassle-free way to put meals on the table without the lengthy preparation associated with fresh ingredients. This convenience factor resonates with a wide spectrum of consumers, from working professionals and busy families to students and seniors. Frozen foods provide a quick and efficient means of meal preparation, allowing individuals to enjoy a wide variety of options without sacrificing taste or nutritional value. The ease of storage and longer shelf life compared to fresh foods further enhances their appeal. As a result, the convenience factor remains the driving force behind the sustained and growing demand for frozen foods in the market.

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September 27, 2023

Double-sided Tape Market worth $17.2 billion by 2028

The report "Double-sided Tape Market by Resin Type (Acrylic, Rubber, Silicone), Technology (Solvent borne, Waterborne, Hot-melt-based), Tape-Backing Material (Foam-backed, Film-backed, Paper-/Tissue-backed), End-Use Industry, & Region - Global Forecast to 2028", is growing at a high rate due to the increased demand from various sectors. The global double-sided tape market size was USD 11.6 billion in 2022 and is projected to reach USD 17.2 billion by 2028, at a CAGR of 6.7% between 2023 and 2028. The Asia Pacific accounted for the major share of the overall market in 2022. High demand from automotive, and building & construction is driving the double-sided tape market in Asia Pacific. Rapidly rising household income and fast growing middle class population in Asia Pacific is also responsible for the high demand from the region. The most potential market is currently in the Asia Pacific region, and this is likely to continue.

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September 27, 2023

Fire Protection System Testing, Inspection, and Certification (TIC) Industry worth $633 million by 2028

The report "Fire Protection System Testing, Inspection, and Certification (TIC) Market by Service Type (Testing, Inspection, Certification), System Type (Fire Alarm Devices, Fire Detection Systems, Sprinkler Systems), Application and Region - Global Forecast to 2028" The fire protection system testing, inspection, and certification (TIC) market is projected to grow from USD 533 million in 2023 to USD  633 million by 2028, registering a CAGR of 3.5% during the forecast period.

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September 27, 2023

Zero Trust Security Market worth $67.9 billion by 2028

According to a research report "Zero Trust Security Market by Offering (Solution and Services), Security Type (Network Security, Application Security, Cloud Security, and Endpoint Security and IoT Security), Authentication Type, Vertical and Region - Global Forecast to 2028" published by MarketsandMarkets, the global zero trust security market size is projected to grow from USD 31.1 billion in 2023 to USD 67.9 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 16.9% during the forecast period. The expansion of the zero trust security market is propelled by the relentless evolution of cyber threats, necessitating advanced security measures. The surge in digital transformation and cloud adoption has also created a complex IT landscape, demanding robust security solutions. Moreover, rising regulatory compliance demands are compelling businesses to embrace zero trust security, enhancing overall cybersecurity resilience. Furthermore, the diminishing effectiveness of traditional perimeter security in the face of modern challenges is paving the way for the widespread adoption of zero trust security, further contributing to market growth.

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September 27, 2023

Smart Warehousing Market worth $40.5 billion by 2028

According to a research report "Smart Warehousing Market by Offering (Hardware, Software, Services), Technology (AI & Analytics, Robotics & Automation), Application (Inventory Management, Predictive Analytics), Warehouse Size, Vertical and Region - Global Forecast to 2028" published by MarketsandMarkets, the smart warehousing market is projected to grow from USD 20.4 billion in 2023 to USD 40.5 billion by 2028, at a compound annual growth rate (CAGR) of 14.6% during the forecast period. The smart warehousing market is expected to grow significantly during the forecast period, owing to various business drivers like the emergence of multi-channel distribution networks, and the rising focus on green initiatives and sustainability to minimize waste. The dynamic nature and globalization of supply chain networks is also accountable for driving the market’s growth.

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September 26, 2023

Aircraft Pumps Industry worth $4.6 billion by 2028

The report "Aircraft Pumps Market by Type (Hydraulic pumps, Fuel pumps, Lube and scavenge pumps, Water and waste water pumps, Air conditioning & cooling pumps), Pressure, End Use (OEM, Aftermarket), Technology, Aircraft Type and Region – Global Forecast to 2028" The global aircraft pumps market size is projected to grow from USD 3.6 billion in 2023 to USD 4.6 billion by 2028, at a CAGR of 4.8% from 2023 to 2028. The market is driven by various factors, such as increase in aircraft renewals and need for more flexible and light aircraft, increasing air travel demand, technological advancements, aircraft fleet modernization, rising defense spending.

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September 26, 2023

Wireless Audio Device Industry worth $159.3 billion by 2028

The report "Wireless Audio Device Market by Product (Headphones, True Wireless Hearables/Earbuds, Speaker) Technology (Bluetooth, Wi-Fi, Airplay), Application (Home Audio, Consumer, Professional, Automotive), Functionality and Region - Global Forecast to 2028" The global wireless audio device market was valued at USD 58.5 billion in 2023 and is projected to reach USD 159.3 billion by 2028, registering a CAGR of 22.2% during the forecast period. The market for wireless audio devices is growing due to shifts in consumer preferences, continuous technological advancements, diverse applications, and increased adoption across various industries. This upward trajectory is projected to persist, driven by continuous improvements in wireless technology, which will provide even more attractive audio solutions for both individual consumers and businesses.

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September 26, 2023

Polyurethane Foam Market worth $67.8 billion by 2028

The report "Polyurethane Foam Market by Type (Rigid foam, Flexible Foam, Spray Foam), End-use Industry (Building & Construction, Bedding & Furniture, Automotive, Electronics, Footwear, Packaging), and Region - Global Forecast to 2028", is projected to grow from USD 49.5 billion in 2023 to USD 67.8 billion by 2028, at a CAGR of 6.5% from 2023 to 2028.

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September 25, 2023

Squalene Market worth $202 million by 2028

The report "Squalene Market by Source (Animal Source (Shark Liver Oil), Vegetable Source (Olive Oil, Palm Oil, Amaranth Oil), Biosynthetic (GM Yeast]), End-use Industry (Cosmetics, Food, and Pharmaceuticals), and Region - Global Forecast to 2028", size was USD 141 million in 2022 and is projected to reach USD 202 million by 2028, at a CAGR of 6.3%, between 2023 and 2028.

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September 25, 2023

Automotive Green Tires Market worth $15.8 billion by 2028

According to a research report "Automotive Green Tires Market by Vehicle Type (PC, LCV, Trucks and Buses), Rim Size (13-15”, 16-18”, 19-21” and >21”), Propulsion Type (ICE and EV), Application (On-road and off-road), Sales Channel & Region - Global Forecast to 2028" published by MarketsandMarkets, the global automotive green tires market size is projected to grow from USD 11.5 billion in 2023 to USD 15.8 billion by 2028, at a CAGR of 6.5%. The high demand for low rolling resistance tires is one of the key factors driving the growth of the green tires market. Low rolling resistance tires are designed to reduce the amount of energy required for a tire to roll, which can lead to improved fuel efficiency and reduced emissions. This is important to many consumers and businesses who are looking to reduce their environmental impact.

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September 25, 2023

Artificial Intelligence in Manufacturing Industry worth $20.8 billion by 2028

The report "Artificial Intelligence in Manufacturing Market by Offering (Hardware, Software, Services), Technology (Machine Learning, Natural Language Processing), Application (Predictive Maintenance & Machinery Inspection, Cybersecurity) - Global Forecast to 2028" The Artificial Intelligence in Manufacturing Market is expected to reach USD 20.8 billion by 2028 from USD 3.2 billion in 2023, at a CAGR of 45.6% during 2023–2028. The significant growth factor associated with the Artificial Intelligence in Manufacturing Market growth is the Rising need to handle increasingly large and complex dataset, emerging industrial IoT and automation technology. The AI in manufacturing market is witnessing significant growth because of the extensive usage of big data, industrial robots, and the evolution of the Internet of Things (IoT), along with a few macro drivers such as emphasis on value creation and experiential customers.

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September 25, 2023

Bare Metal Cloud Market worth $19.1 billion by 2028

According to a research report "Bare Metal Cloud Market by Service Type (Compute, Networking, Database, Security, Storage, Managed), Organization Size (Large, SMEs), Vertical (BFSI, Healthcare & Life Sciences, Manufacturing) and Region - Global Forecast to 2028" published by MarketsandMarkets, the bare metal cloud market size is expected to grow from USD 8.5 billion in 2023 to USD 19.1 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 17.4% during the forecast period. The increasing influence of green data center popularity,  data center regulatory standards, cloud data traffic, and hyperscale computing’s rising position in big data analytics are driving the adoption of bare metal cloud services globally.

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September 25, 2023

Intensity-modulated Radiotherapy Market worth $2.8 billion by 2028

The report "Intensity-modulated Radiotherapy Market by Radiation Type (Photon,Electron Beam, Proton and Carbon-Ion Radiation) Application (Prostate, Lung, Breast), End Users ( Hospitals and Independent Radiotherapy centers), and Region - Global Forecasts to 2028", is projected to reach USD 2.8 billion by 2028 from USD 2.2 billion in 2023, growing at a CAGR of 5.2% during the forecast period. The expansion of the Intensity-modulated radiotherapy market is propelled by several synergistic factors, including robust healthcare infrastructure, escalating cancer prevalence, conducive reimbursement policies, technological innovations, active research initiatives, well-defined regulatory frameworks, growing minimally invasive procedure adoption, and the presence of key market players in developing regions. This amalgamation of drivers has engendered substantial market growth. Continued technological advancements, heightened emphasis on non-invasive cancer interventions, and a supportive healthcare ecosystem are anticipated to sustain this upward trajectory. Nevertheless, market expansion faces constraints posed by competitive alternatives, including automated radiation therapy systems, intensity modulation radiation therapy (IMRT), and other radiotherapeutic approaches.

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September 25, 2023

Large Format Display Market worth $18.6 billion by 2026

The report "Large Format Display Market with COVID-19 Impact Analysis by Offering, Type, Technology (Direct-View LED, LED-backlit LCD), Size, Brightness, Installation Location, Application (Retail, Hospitality, Sports, Education), Region - Global Forecast to 2026" The global large format display market will grow to USD 18.6 billion by 2026 (forecast year) from USD 13.1 billion in 2021 (estimated year), at a CAGR of 7.2% between 2021 to 2026. The key drivers fueling the growth of this market include the high adoption of signage and interactive displays by end users from the commercial sector, technological innovations and advancements related to large format displays, surged demand for 4K and 8K high-resolution commercial-grade large-screen displays from the education, healthcare, and sports & entertainment verticals, and increased investments by emerging economies in real estate and public infrastructure development projects.

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September 24, 2023

Natural Language Processing (NLP) Market worth $68.1 billion by 2028

According to a research report "Natural Language Processing (NLP) Market by Offering (Solutions, Services), Type (Rule-based, Statistical, Hybrid), Application (Sentiment Analysis, Social Media Monitoring), Technology (IVR, OCR, Auto Coding), Vertical & Region - Global Forecast to 2028" published by MarketsandMarkets, the market for natural language processing is estimated to grow from USD 18.9 billion in 2023 to USD 68.1 billion by 2028, at a CAGR of 29.3% during the forecast period. Natural Language Processing (NLP) refers to the branch of computer science, specifically the branch of Artificial Intelligence (AI), concerned with giving computers the ability to understand text and spoken words in much the same way human beings can. NLP drives computer programs that translate text from one language to another, respond to spoken commands, and quickly summarize large volumes of text—even in real time.

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September 22, 2023

AI Camera Industry worth $22.1 billion by 2028

The report "AI Camera Market by Offering (Image Sensor, Al Processor, Memory), Technology (Deep Learning, Computer Vision, Language Processing), Product(Smartphone, DSLR, CCTV), Biometric (Image, Facial, Speech, OCR), Connectivity & Region - Global Forecast to 2028" The global AI camera market is expected to be valued at USD 7.6 billion in 2023 and is projected to reach USD 22.1 billion by 2028; it is expected to grow at a CAGR of 23.9% from 2023 to 2028. The convergence of AI technology, decreasing costs, and a wide range of practical applications have fueled the growth of the AI camera market.

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September 22, 2023

Structural Adhesive Tapes Market worth $13.0 billion by 2028

The report "Structural Adhesive Tapes Market by Resin Type (Acrylic, Rubber, Silicone), Backing Material, End-Use Industry (Automotive, Healthcare, Electronics & Electrical, Renewable Energy, E-Mobility, Building & Construction), & Region - Global Forecast to 2028", is growing at a high rate due to the increased demand from various industries. The global structural adhesive tapes market size was USD 10.3 billion in 2022 and is projected to reach USD 13.0 billion by 2028, at a CAGR of 4.1% between 2023 and 2028. Asia Pacific has been the most favorable destination for the manufacturers of structural adhesive tapes, even during the global economic slowdown. Environmental and health & safety regulations drive the use of structural adhesive tapes in the electrical & electronics, healthcare, automotive, and other industries in the region.

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September 22, 2023

5G in Defense Industry worth $2.3 billion by 2028

The report "5G in Defense Market by Platform (Land, Naval, Airborne), Solution (Communication Network,Chipset, Core Network), End User, Network Type, Installation and Region (North America, Europe, Asia Pacific, LA, MEA) - Global Forecast to 2028" The 5G in Defense market is estimated to be USD 0.9 Billion in 2023 to USD 2.3 billion by 2028, at a CAGR of 19.9% from 2023 to 2028. The driving factor for the 5G in Defense market 5G in elevation of  growing Situational Awareness drives the market, Technological  innovations in 5G Network,  5G drives  Real-time Connectivity in Multi-Threat future battlespace scenarios, Growth of Autonomous and Connected Devices a Catalyst for 5G in the Defense Market etc.

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September 22, 2023

MEA Cloud Computing Market worth $49.5 billion by 2028

According to a research report "MEA Cloud Computing Market by Offering (Service Model (laaS, PaaS, and SaaS)), Deployment Mode (Public Cloud, Private Cloud, and Hybrid Cloud), Vertical (BFSI, Energy and Utilities, and Manufacturing) and Region - Forecast to 2028" published by MarketsandMarkets, the MEA Cloud Computing Market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 18.6 % during the forecast period, to reach USD  49.5 billion by 2028 from USD  21.1 billion in 2023.

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September 21, 2023

Bio-based Leather Market worth $216 million by 2028

The report "Bio-based Leather Market by Source (Mushroom, Pineapple, Apple, Cactus, Tree Bark, Leftover Fruits), End-Use Industry (Footwear, Garments & Accessories), and Region (North America, Europe, APAC, MEA, South America) - Global Forecast to 2028", size was USD 107 million in 2023 to USD 216 million by 2028, at a CAGR of 15.0% from 2023 to 2028.

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September 21, 2023

Radiation Shielding Material Market worth $980 million by 2028

The report "Radiation Shielding Material Market by Type (Electromagnetic Radiation, Particle Radiation), Material (Lead Shielding, Lead Composite Shielding, Copper, Tungsten), Application (X-ray room, CT Scan Facility, MRI Room), Region - Global Forecast to 2028", is projected to reach USD 980 million by 2028 from USD 714 million in 2023, at a CAGR of 6.5% during the forecast period. Growth in the Medical Radiation Shielding market is mainly driven by the growing usage of nuclear medicine and radiation therapy for diagnosis and treatment and Increasing use of particle therapy for cancer treatment expected to offer growth opportunities for players operating in the Medical Radiation Shielding market during the forecast period. However, the Lack of adequate healthcare infrastructure, Dearth Of Skilled Oncologist/Radiologist and No mandate for using lead aprons during dental x-ray procedures in the US are restricting the growth of this market.

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September 21, 2023

Process Analyzer Industry worth $9.3 billion by 2028

The report "Process Analyzer Market by Liquid Analyzer (MLSS, Total Organic Carbon, pH, Liquid Density, Conductivity, Dissolved Oxygen), Gas Analyzer (Oxygen, Carbon Dioxide, Moisture, Toxic Gas, Hydrogen Sulfide), Industry and Region - Global Forecast to 2028" The global Process Analyzer market is expected to grow from USD 7.8 billion in 2023 to USD 9.3 billion by 2028, registering a CAGR of 3.6%. The growth of the process analyzer market is propelled by rising demand for water and wastewater treatment, increasing use of process analyzers in drug safety, and fiscal policy measures by regional financial institutions to boost the process analyzer market.

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September 21, 2023

Membrane Filtration Market worth $9.9 billion by 2028

According to a research report "Membrane Filtration Market by Application (Dairy Products, Drinks & Concentrates, Wine & Beer), Module Design (Spiral Wound, Tubular Systems, Plate & Frame and Hollow Fiber), Membrane Material, Type and Region - Global Forecast to 2028" published by MarketsandMarkets, the membrane filtration market is estimated at USD 7.0 billion in 2023 and is projected to reach USD 9.9 billion by 2028, at a CAGR of 7.2% from 2023 to 2028. Membrane technologies play a significant role in the purification and filtration of food & beverage products, dairy products, wineries, and breweries. Some of the prominent membrane filtration technologies, such as ultrafiltration, microfiltration, nanofiltration, and reverse osmosis, are already applied in the above-mentioned industries on a large scale. A few applications include desalination by reverse osmosis (RO), wastewater treatment by membrane reactors (MBR), and water sterilization through ultrafiltration (UF) for food & beverages. Moreover, membrane technologies effectively meet the sustainability criteria in terms of ease of use, energy consumption, environmental impact, land usage, flexibility, and adaptability, which fuels the demand for this technology.

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September 21, 2023

Innovation Management Market worth $2.1 billion by 2028

According to a research report "Innovation Management Market by Offering (Solution and Services), Function (Product Development, Business Processes), Application (Design Platforms, Marketing Platforms), Vertical (Telecom, BFSI, Retail & eCommerce) and Region - Global Forecast to 2028" published by MarketsandMarkets, the global innovation management market size is projected to grow from USD 1.3 billion in 2023 to USD 2.1 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 10.8%. Expanding into new markets and reaching diverse customer bases requires continuous innovation. Innovation management tools help companies adapt their products and services to meet the unique needs of different markets. The imperative to expand into new markets and cater to diverse customer bases is a catalyst for continuous innovation. Innovation management tools play a pivotal role by enabling companies to tailor their offerings to address the distinct demands of various markets, thereby driving the demand for innovation management solutions in the market.

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September 20, 2023

Maritime Patrol Aircraft Industry worth $11.9 billion by 2028

The report "Maritime Patrol Aircraft Market by Type (Armored, Unarmored), Propulsion System (Jet Engine, Electric Propulsion), Mode of Operation, Application, and Region (North America, Europe, Asia Pacific, Rest of the World )- Global Forecast to 2028" The MARITIME PATROL AIRCRAFT market is valued at USD 6.7 billion in 2023 and is projected to reach USD 11.9 billion by 2028, at a CAGR of 12.1% from 2023 to 2028. The maritime patrol aircraft market is a subset of the aircraft and technology industry that focuses on the development and deployment of maritime patrol aircraft. These aircraft play a crucial role in monitoring and safeguarding coastal waters and international waters. They are equipped with advanced sensors, including radar and sonar, to detect and track ships, submarines, and suspicious maritime activities, such as smuggling or illegal fishing. MPAs are essential for ensuring maritime safety, protecting coastal borders, and supporting search and rescue missions. They are also valuable for gathering intelligence and conducting anti-submarine warfare.

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September 20, 2023

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