• The sweeteners market is forecasted to achieve a value of USD 125.1 billion by 2028, marking a notable increase from USD 107.2 billion in 2023, with a CAGR of 3.1% during the 2023-2028 forecast period. This growth is attributed to the wide-ranging applications of sweeteners across industries such as food, beverage, personal care, and pharmaceuticals.

    • Published: May 2024
  • The global sterilization equipment market is valued at an estimated USD 16.8 billion in 2024 and is projected to reach USD 24.7 billion by 2029, at a CAGR of 7.9% during the forecast period. The sterilization equipment market is driven by the growing number of surgeries, rising incidence of hospital-acquired infections (HAIs) and increasing outsourcing of sterilization services among pharmaceutical companies, medical device manufacturers, and hospitals. According to the World Health Organization (WHO), of every 100 hospitalized patients at any given time, seven patients in developed countries and ten patients in developing countries acquire at least one healthcare-associated or hospital-acquired infection. Sterilization equipment is crucial for preventing and controlling the spread of such infections hence supporting the overall market growth.

    • Published: May 2024
  • The organic soy protein isolates market, currently valued at USD 197 million in 2024 and poised to achieve a 5.4% CAGR, reaching USD 257 million by 2029, is experiencing transformative shifts and innovations. The organic soy protein market represents a dynamic and diverse sector within the food industry, encompassing products like organic soy protein isolate. In recent times, there has been a consistent surge in the demand for organic soy protein products, driven by various factors, and this upward trajectory appears to continue.

    • Published: May 2024
  • The global automotive V2X market is projected to grow from USD 0.5 billion in 2023 to USD 9.5 billion by 2030, at a CAGR of 51.9%. The demand for automotive Vehicle-to-Everything (V2X) technology is expected to increase significantly, driven by factors such as the growing demand for autonomous vehicles and escalating concerns regarding environmental pollution. The market's expansion is further influenced by the increasing need for connected car technology. Robust governmental support for V2X technology, coupled with advancements in 5G technology, is foreseen to create novel opportunities within this market.

    • Published: May 2024
  • The global gas insulated switchgear market is expected to reach USD 31.6 billion by 2028 from USD 23.8 billion in 2023, at a CAGR of 5.8% during the forecast period. The gas insulated switchgear market is poised for substantial growth during the forecast period, primarily due to the expected strengthening of power distribution infrastructure in response to the growing demand for electricity.

    • Published: May 2024
  • The global gas insulated switchgear market is projected to reach USD 31.6 billion by 2028 from USD 23.8 billion in 2023, at a CAGR of 5.8% during the forecast period. The major factors driving the growth of this market primarily due to the expected strengthening of power distribution infrastructure in response to the growing demand for electricity.

    • Published: May 2024
  • The global inverter market is projected to reach USD 39.6 billion by 2028 from an estimated USD 18.9 billion in 2023, at a CAGR of 16.0% during the forecast period. An extensive variety of electrical devices, such as solar panels, electric cars, and HVAC systems, depend on inverters to convert DC electricity into AC power. The requirement for grid stability, the increasing use of renewable energy sources, and technological developments are some of the factors driving the market's expansion.

    • Published: May 2024
  • The global non-meat ingredients market is expected to witness significant growth, with a projected value of USD 51.1 billion by 2029, up from USD 41.2 billion in 2024, representing a promising Compound Annual Growth Rate (CAGR) of 4.4%. The increasing global consumption of meat, fueled by population growth and urbanization, has led meat producers to address rising demand while maintaining product quality and safety. Non-meat ingredients are pivotal in this endeavor, enhancing the sensory characteristics, texture, flavor, and shelf-life of meat products.

    • Published: May 2024
  • The non-meat ingredients market is poised for substantial expansion, projected to reach a value of USD 51.1 billion by 2029, up from USD 41.2 billion in 2024, with a promising Compound Annual Growth Rate (CAGR) of 4.4%. The surge in global meat consumption, driven by population growth and urbanization, has prompted meat producers to meet escalating demand while ensuring product quality and safety. Non-meat ingredients play a crucial role in this pursuit by improving sensory attributes, texture, flavor, and shelf-life of meat products.

    • Published: May 2024
  • The omega-3 market is estimated to be USD 4.36 billion in 2025 and is projected to reach USD 7.76 billion by 2030, at a CAGR of 12.2% from 2025 to 2030. The major factors driving the growth of this market include the rising awareness of health benefits, increasing use of omega-3 fatty acids in food and feed products, and the growing adoption of innovative production technologies.

    • Published: May 2024
  • The global industrial vehicles market size is projected to grow from USD 43.1 Billion in 2024 to USD 56.7 Billion by 2030, at a CAGR of 4.6%. The industrial vehicles market is expected to rise in the coming years due to increasing automation and adoption of advanced technologies, driving demand for specialized vehicles for various industrial applications. Additionally, growing infrastructure development projects and expanding manufacturing sectors worldwide fuel the need for efficient material handling and transportation solutions, further propelling the growth of the industrial vehicles market during the forecast period.

    • Published: May 2024
  • The electric mid- and large (9-14m) bus market is projected to cross 171,000 units by 2030 from an estimated 66,593 units in 2023, at a CAGR of 14.4% during the forecast period. The base year for the report is 2022, and the forecast period is 2023 to 2030. The market is expected to witness rapid growth due to the increasing government policies to reduce GHG emissions, and advances in battery technology, reducing costs with improved range, would enhance the growth of electric mid- and large buses.

    • Published: May 2024
  • The global industrial vehicles market size is projected to grow from USD 43.1 Billion in 2024 to USD 56.7 Billion by 2030, at a CAGR of 4.6%. The industrial vehicles market is expected to rise in the coming years due to increasing automation and adoption of advanced technologies, driving demand for specialized vehicles for various industrial applications. Additionally, growing infrastructure development projects and expanding manufacturing sectors worldwide fuel the need for efficient material handling and transportation solutions, further propelling the growth of the industrial vehicles market during the forecast period.

    • Published: May 2024
  • The Automotive Telematics market is projected to grow from an estimated USD 9.0 billion in 2024 to reach USD 16.1 billion by 2030 at a CAGR of 10.1% during the forecast period. This growth is driven by the growing collaborations and tie-ups among OEMs and telematics service providers and the launches of upcoming vehicles equipped with embedded telematics for enhanced safety and comfort. Increasing awareness about on-road safety and demand for advanced telematics services is fueling the demand for automotive telematics.

    • Published: May 2024
  • The recycling water filtration market is projected to reach USD 3.8 billion by 2028 from an estimated USD 2.7 billion in 2023, at a CAGR of 7.5% during the forecast period. The industry that develops, produces, and distributes systems and technologies intended to purify and recycle water for use in a variety of settings, including municipal, industrial, and agricultural operations, is known as the recycling water filtration market. In order to solve water scarcity and environmental problems, it includes a broad range of filtration techniques and technologies designed to purify wastewater or dirty water to make it reusable.

    • Published: May 2024
  • The global functional food ingredients market size is 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. Escalating consumer awareness regarding health and wellness has significantly bolstered the demand for the functional food ingredients market. The prevalence of lifestyle diseases such as obesity, diabetes, and cardiovascular issues has propelled individuals to prioritize healthier dietary choices.

    • Published: May 2024
  • The Recycling Water Fltration Market is projected to reach USD 3.8 billion by 2028 from an estimated USD 2.7 billion in 2023, at a CAGR of 7.5% during the forecast period. The industry devoted to the development, marketing, and upkeep of water purification and recycling technologies and systems is known as the Recycling Water Filtration Market. This market includes a range of filtration techniques and technologies intended to clean up wastewater or contaminated water so that it can be used again for municipal, industrial, and agricultural uses. By offering strategies for preserving and recycling water supplies while minimizing negative environmental effects, it responds to the expanding worldwide need for clean water.

    • Published: May 2024
  • The V2X cybersecurity market is projected to grow from USD 43 million in 2023 to USD 778 million by 2030, at a CAGR of 51.3%. The demand for V2X cybersecurity solutions is expected to increase significantly, driven by increasing demand for fully autonomous driving and escalating concerns regarding vehicle safety. The significantly growing global automotive V2X market further bolsters its expansion. Robust governmental support for V2X technology and advancements in 5G technology are foreseen to create novel opportunities within the V2X cybersecurity market.

    • Published: May 2024
  • The V2X cybersecurity market is projected to grow from USD 43 million in 2023 to USD 778 million by 2030, at a CAGR of 51.3%. The demand for V2X cybersecurity solutions is expected to increase significantly, driven by increasing demand for fully autonomous driving and escalating concerns regarding vehicle safety. The significantly growing global automotive V2X market further bolsters its expansion. Robust governmental support for V2X technology and advancements in 5G technology are foreseen to create novel opportunities within the V2X cybersecurity market.

    • Published: May 2024
  • The global functional food ingredients industry is 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. Escalating consumer awareness regarding health and wellness has significantly bolstered the demand for the functional food ingredients market. The prevalence of lifestyle diseases such as obesity, diabetes, and cardiovascular issues has propelled individuals to prioritize healthier dietary choices.

    • Published: May 2024
  • The global recloser market is estimated at USD 1.1 billion in 2024, with a projected growth to USD 1.5 billion by 2030, exhibiting a Compound Annual Growth Rate (CAGR) of 5.0%. The need to update outdated grid systems, rising investments in power infrastructure, and the growing need for a steady supply of energy are the factors propelling the recloser industry. The development of this market is also being influenced by technological breakthroughs, such as the incorporation of smart grid capabilities into recloser systems.

    • Published: May 2024
  • The global gas engine market is expected to reach USD 6.3 billion by 2029 from USD 5.1 billion in 2024, at a CAGR of 4.5% during the forecast period. The major factors driving the growth of this market include growing emphasis on cleaner energy sources and sustainability initiatives, leading to increased adoption of gas-powered engines as an alternative to traditional fossil fuel-based options.

    • Published: May 2024
  • The global gas engine market size is expected to reach USD 6.3 billion by 2029 from USD 5.1 billion in 2024, at a CAGR of 4.5% during the forecast period. The major factors driving the growth of this market include growing emphasis on cleaner energy sources and sustainability initiatives, leading to increased adoption of gas-powered engines as an alternative to traditional fossil fuel-based options.

    • Published: May 2024
  • The global recloser market is estimated at USD 1.1 billion in 2024, with a projected growth to USD 1.5 billion by 2030, exhibiting a Compound Annual Growth Rate (CAGR) of 5.0%. There are several different varieties of reclosers available on the market, each with unique benefits and uses, including as vacuum, electronic, and hydraulic models. The need to update outdated grid systems, rising investments in power infrastructure, and the growing need for a steady supply of energy are the factors propelling the recloser industry. The development of this market is also being influenced by technological breakthroughs, such as the incorporation of smart grid capabilities into recloser systems.

    • Published: May 2024
  • The electric mid- and large (9-14m) bus market is projected to cross 171,000 units by 2030 from an estimated 66,593 units in 2023, at a CAGR of 14.4% during the forecast period. The base year for the report is 2022, and the forecast period is 2023 to 2030.The market is expected to witness rapid growth due to the increasing government policies to reduce GHG emissions, and advances in battery technology, reducing costs with improved range, would enhance the growth of electric mid- and large buses.

    • Published: May 2024
  • The beta-glucan market size is estimated at USD 542 million in 2024; it is projected to grow at a CAGR of 8.1% to reach USD 800 million by 2029. The growing need for nutritional supplements stems from urbanization and the hectic pace of modern life. Consequently, food additives are incorporated into food products to enhance their nutritional value without posing any adverse effects. 

    • Published: May 2024
  • The Americas Cables market is projected to reach USD 10.9 billion by 2029 from an estimated USD 8.7 billion in 2024, at a CAGR of 4.5% during the forecast period. The cables market in the Americas is significant due to the region's diverse industrial landscape, including sectors such as telecommunications, energy, manufacturing, construction, and transportation. Factors driving this market include infrastructure development, technological advancements, increasing demand for high-speed internet and data transmission, urbanization, and industrialization.

    • Published: May 2024
  • The beta-glucan industry is estimated at USD 542 million in 2024; it is projected to grow at a CAGR of 8.1% to reach USD 800 million by 2029. The growing need for nutritional supplements stems from urbanization and the hectic pace of modern life. Consequently, food additives are incorporated into food products to enhance their nutritional value without posing any adverse effects. 

    • Published: May 2024
  • The rodenticides market is projected to reach USD 7.7 billion by 2029 from USD 5.8 billion by 2024, at a CAGR of 5.9% during the forecast period in terms of value. The rodenticides industry is undergoing rapid growth due to a variety of factors. The expansion of urban areas and industries typically leads to a rise in rodent populations, driven by factors like heightened waste production and habitat disruption. Consequently, this increases the demand for rodenticides to manage these pest infestations. Similarly, fluctuations in weather conditions, including temperature, precipitation, and seasonal changes, can impact rodent populations by influencing their breeding patterns and habitat selection. Instances of extreme weather events may further increase rodent activity, consequently affecting the demand for rodenticides.

    • Published: May 2024
  • The Americas Cables market is expected to grow from an estimated USD 10.9 billion by 2029 from an estimated USD 8.7 billion in 2024, at a CAGR of 4.5% during the forecast period. The cables market in the Americas is significant due to the region's diverse industrial landscape, including sectors such as telecommunications, energy, manufacturing, construction, and transportation. Factors driving this market include infrastructure development, technological advancements, increasing demand for high-speed internet and data transmission, urbanization, and industrialization.

    • Published: May 2024
  • The automotive smart antenna market is estimated to grow from USD 2.5 billion in 2023 to USD 5.2 billion by 2030 at a CAGR of 10.9% during the forecast period. The automotive smart antenna market is growing due to increased demand for connected car & in-vehicle infotainment features in autonomous and electric vehicles, which is projected to boost the adoption of smart antennas during the forecast period. Automotive smart antennas offer better data transfer and are compatible with 5G technology, making them suitable for future vehicles. Hence, these factors are driving the automotive smart antenna market.

    • Published: May 2024
  • The global heat pump market is expected to reach USD 157.8 billion by 2029 from USD 90.1 billion in 2024, at a CAGR of 11.8% during the forecast period. The major factors driving the growth of this market include Stringent regulations aimed at reducing greenhouse gas emissions and promoting energy efficiency drive the adoption of heat pumps, which are more energy-efficient than traditional heating and cooling systems.

    • Published: May 2024
  • The organic soy protein isolates market, currently valued at USD 197 million in 2024 and poised to achieve a 5.4% CAGR, reaching USD 257 million by 2029, is experiencing transformative shifts and innovations. The organic soy protein market represents a dynamic and diverse sector within the food industry, encompassing products like organic soy protein isolate. In recent times, there has been a consistent surge in the demand for organic soy protein products, driven by various factors, and this upward trajectory appears to continue.

    • Published: May 2024
  • The global heat pump market size is expected to reach USD 157.8 billion by 2029 from USD 90.1 billion in 2024, at a CAGR of 11.8% during the forecast period. The major factors driving the growth of this market include Stringent regulations aimed at reducing greenhouse gas emissions and promoting energy efficiency drive the adoption of heat pumps, which are more energy-efficient than traditional heating and cooling systems.

    • Published: May 2024
  • The egg processing market is estimated at USD 33.3 billion in 2024 and is projected to reach USD 41.9 billion by 2029, at a CAGR of 4.7% from 2024 to 2029. The egg processing industry is experiencing significant growth, driven by several factors such as rising awareness of protein-rich diets, growth in the foodservice industry, and Improved processing technologies. The growing popularity of high-protein diets and ketogenic diets has increased demand for egg whites, which are a concentrated source of protein with very little fat. Additionally, improvements in processing techniques such as pasteurization and spray drying enhance shelf life and safety, making egg products more accessible and appealing to a wider audience. This creates a lucrative market with immense potential for growth and innovation.

    • Published: May 2024
  • The automotive smart antenna market is estimated to grow from USD 2.5 billion in 2023 to USD 5.2 billion by 2030 at a CAGR of 10.9% during the forecast period. The automotive smart antenna market is growing due to increased demand for connected car & in-vehicle infotainment features in autonomous and electric vehicles, which is projected to boost the adoption of smart antennas during the forecast period. Automotive smart antennas offer better data transfer and are compatible with 5G technology, making them suitable for future vehicles. Hence, these factors are driving the automotive smart antenna market.

    • Published: May 2024
  • The kombucha market is estimated at USD 2.4 billion in 2024 and is projected to reach USD 5.9 billion by 2029, at a CAGR of 19.4 % from 2024 to 2029. The growth of the kombucha market has been fuelled by various factors. Firstly, its perceived health benefits, including probiotic properties that promote gut health, have attracted health-conscious consumers seeking functional beverages. Additionally, as people become more mindful of sugar consumption, kombucha's low-sugar content serves as a healthier alternative to sweetened beverages. The beverage's diverse range of Flavors caters to varying tastes, while its vegan and gluten-free nature aligns with dietary preferences. Moreover, kombucha's sustainability and environmental friendliness appeal to consumers concerned about the ecological impact of their choices.

    • Published: May 2024
  • The global in vitro diagnostics market is projected to reach USD 119.4 billion by 2029 from USD  85.2 billion in 2024, at a CAGR of 6.9% during the forecast period. Factors such as the rising demand for point-of-care testing, and growing preference for personalized medicine, will boost the growth of the In vitro diagnostics market. According to the National Centre for Biotechnology Information (NCBI), Point-of-Care Testing (POCT) is clinical laboratory testing conducted close to the site of patient care where care or treatment is provided. POCT provides rapid turnaround of test results with the potential to generate a result quickly so that appropriate treatment can be undertaken.

    • Published: May 2024
  • The kombucha market is estimated at USD 2.4 billion in 2024 and is projected to reach USD 5.9 billion by 2029, at a CAGR of 19.4 % from 2024 to 2029. The growth of the kombucha industry has been fueled by various factors. Firstly, its perceived health benefits, including probiotic properties that promote gut health, have attracted health-conscious consumers seeking functional beverages. Additionally, as people become more mindful of sugar consumption, kombucha's low-sugar content serves as a healthier alternative to sweetened beverages. The beverage's diverse range of flavors caters to varying tastes, while its vegan and gluten-free nature aligns with dietary preferences. Moreover, kombucha's sustainability and environmental friendliness appeal to consumers concerned about the ecological impact of their choices.

    • Published: May 2024
  • The bottled water processing market includes both the bottled water market and the bottled water equipment market. In 2023, the bottled water equipment market is estimated to be worth USD 7.2 billion, with a projected growth to USD 9.5 billion by 2028, reflecting a compound annual growth rate (CAGR) of 5.7%. Meanwhile, the bottled water market is valued at USD 311.1 billion in 2023 and is expected to reach USD 457.1 billion by 2028, with a CAGR of 8.0% during the forecast period from 2023 to 2028.

    • Published: May 2024
  • The automotive brake system market is estimated to grow from USD 23.5 billion in 2023 to USD 30.1 billion by 2028, at a CAGR of 5.1% during the forecast period. The base year for the report is 2022, and the forecast period is 2023 to 2028. The market is expected to witness rapid growth with the implementation of safety standards in developing countries, particularly China, India, Brazil, etc. Also, the popularity of disc brakes over drum brakes due to their technical benefits drives the automotive brake system market. Further, the growing implementation of country-wise new car assessment programs is anticipated to drive safety features such as electronic braking systems. Lastly, growing sales of premium and luxury vehicles are boosting the electronic braking system market.

    • Published: May 2024
  • The global in vitro diagnostics market is projected to reach USD 119.4 billion by 2029 from USD  85.2 billion in 2024, at a CAGR of 6.9% during the forecast period. Factors such as the rising demand for point-of-care testing, and growing preference for personalized medicine, will boost the growth of the In vitro diagnostics market. According to the National Centre for Biotechnology Information (NCBI), Point-of-Care Testing (POCT) is clinical laboratory testing conducted close to the site of patient care where care or treatment is provided. POCT provides rapid turnaround of test results with the potential to generate a result quickly so that appropriate treatment can be undertaken.

    • Published: May 2024
  • The collagen market size valued at USD 5.1 billion in 2023, is experiencing significant growth and is projected to reach USD 7.4 billion by 2030, with a robust compound annual growth rate (CAGR) of 5.3% during this period. This growth is driven by several factors, including increasing demand for collagen due to health and wellness trends, an aging population seeking solutions for age-related issues, the beauty and cosmetics sector's reliance on collagen for anti-aging products, and the incorporation of collagen into functional foods and beverages to meet nutritional needs.

    • Published: May 2024
  • The bottled water processing market includes both the bottled water market and the bottled water equipment market. In 2023, the bottled water equipment market is estimated to be worth USD 7.2 billion, with a projected growth to USD 9.5 billion by 2028, reflecting a CAGR of 5.7%. Meanwhile, the bottled water market is valued at USD 311.1 billion in 2023 and is expected to reach USD 457.1 billion by 2028, with a CAGR of 8.0% during the forecast period from 2023 to 2028.

    • Published: May 2024
  • The vaccines market (including COVID-19 vaccines)  is projected to reach USD 94.9 Billion by 2029 from USD 78.0 Billion in 2024, at a CAGR of 4.0% during the forecast period. Similarly the vaccines market (excluding COVID-19 vaccines) is projected to reach USD 80.3 Billion by 2029 from USD 53.0 Billion in 2024, at a CAGR of 8.7% during the forecast period. Technological advancements in vaccine development, increasing government initiatives for immunization programs and expanding investments in research and development are some of the factors driving growth of vaccines market.

    • Published: May 2024
  • The collagen industry valued at USD 5.1 billion in 2023, is experiencing significant growth and is projected to reach USD 7.4 billion by 2030, with a robust compound annual growth rate (CAGR) of 5.3% during this period. This growth is driven by several factors, including increasing demand for collagen due to health and wellness trends, an aging population seeking solutions for age-related issues, the beauty and cosmetics sector's reliance on collagen for anti-aging products, and the incorporation of collagen into functional foods and beverages to meet nutritional needs.

    • Published: May 2024
  • The egg processing market is estimated at USD 33.3 billion in 2024 and is projected to reach USD 41.9 billion by 2029, at a CAGR of 4.7% from 2024 to 2029. Exploring sustainable feed sources such as insect-based protein and algae reduces environmental impact and caters to ethical concerns, attracting new customers. Waste reduction technologies minimize costs and create valuable resources from "waste," offering differentiation and market advantages. Switching to renewable energy sources such as solar power reduces dependence on fossil fuels, lowering energy costs and improving profit margins. These practices not only benefit the environment and consumers, but also lead to cost savings, resource efficiency, market growth, and long-term success for the egg processing industry.

    • Published: May 2024
  • The global remote power panel market is valued at an estimated USD 1.1 billion in 2024 and is projected to reach USD 1.4 billion by 2028, at a CAGR of 4.8% during the forecast period.  The Remote Power Panel Market refers to the sector involved in the production, distribution, and installation of remote power panels. These panels are devices designed to provide power to remote locations or areas where access to conventional power sources may be limited or non-existent. They typically consist of solar panels, batteries, charge controllers, and sometimes wind turbines or other alternative energy sources.

    • Published: May 2024
  • The 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% during the forecast period. The electric tractor market is increasing due to advancements in battery technology, stringent emission norms, precision agriculture, and incentives for electric tractors. Hence, these factors are driving the electric tractor market.

    • Published: May 2024
  • The global Solar Encapsulation Market is projected to reach USD 7.2 billion by 2028 from an estimated USD 4.9 billion in 2023, at a CAGR of 8.0% during the forecast period. The solar encapsulation market refers to the industry segment that deals with the production, distribution, and sale of materials used to encapsulate solar photovoltaic (PV) modules. Solar encapsulation materials are essential components in solar panel manufacturing, as they provide protection to the delicate solar cells from external environmental factors such as moisture, dust, UV radiation, and mechanical damage.

    • Published: May 2024
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