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High Potency APIs/HPAPI Market worth $39.6 billion by 2027

According to a research report "High Potency APIs/HPAPI Market by Type (Innovative, Generic), Type of Synthesis (Synthetic, Biotech, Biosimilars, mAbs, Vaccines), Manufacturers (Captive, Merchant), Application (Oncology, Hormonal Imbalance, Glaucoma) Region - Global forecast to 2027" published by MarketsandMarkets, the HPAPI market is projected to reach USD 39.6 billion by 2027 from USD 24.5 billion in 2022, at a CAGR of 10.1% from 2022 to 2027. The growth in this market is driven by factors such as increasing demand for oncology drugs, growing demand for antibody-drug conjugates, increasing focus of leading pharmaceutical companies on HPAPIs, advancements in HPAPI manufacturing technologies, and growing focus on precision medicine.

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May 17, 2022

Train Battery Market worth $758 million by 2030

According to a research report "Train Battery Market by Type & Technology (Lead Acid-Gel Tubular, VRLA, Conventional; Ni-Cd-Sinter, Fiber, Pocket, & Li-Ion), Advanced Train (Autonomous, Hybrid, Fully Battery-Operated), Rolling Stock Type, Application and Region - Global Forecast to 2030" published by MarketsandMarkets, the global train battery market size is projected to reach USD 758 million by 2030, from an estimated value of USD 518 million in 2022, at a CAGR of 4.9%.

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May 17, 2022

SOC as a Service Market worth $10.1 billion by 2027

The report "SOC as a Service Market by Component, Service Type (Vulnerability Assessment & Threat Detection, and Incident Response), Offering Type (Fully Managed & Co-managed), Application Area, Industry Vertical and Region - Global Forecast to 2027", size is expected to grow from an estimated value of USD 6.1 billion in 2022 to USD 10.1 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 10.5% from 2022 to 2027. Some of the factors that are driving the market growth includes cumbersome administration after threat detection, surge in trends such as BYOD, CYOD, and WFH and an exponential rise in security breaches and sophistication of cyberattacks. However, scarcity of skilled cybersecurity professionals among enterprises is expected to hinder the market growth.

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May 17, 2022

Cashew Nutshell Liquid Market worth $564 million by 2027

According to a research report "Cashew Nutshell Liquid Market by product (PF Resins, Epoxy Resins, Epoxy Curing Agents, Surfactants, Polyols), application (Adhesive, Coating, Foam, Laminate, Personal Care), Region (Asia Pacific, North America, Europe) - Global Forecast to 2027" published by MarketsandMarkets, the CNSL market size is estimated to be USD 393 million in 2022 and is projected to reach USD 564 million by 2027, at a CAGR of 7.5% between 2022 and 2027. Increasing demand from the chemical and petrochemical industries, the rising demand for natural resources for various applications are significantly driving the market globally.

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May 17, 2022

Chromatography Resin Market worth $3.8 billion by 2027

The report "Chromatography Resin Market by Type, Technique (Ion Exchange, Affinity, Hydrophobic Interaction, Size Exclusion, Mixed Mode), Application (Pharmaceutical & Biotechnology, Food & Beverage) and Region - Global Forecasts to 2027" The global chromatography resin market will grow to  USD 3.8 billion by 2027, at a CAGR of 8.0% from USD 2.6 billion in 2022. This growth is primarily triggered by the increasing demand for therapeutic antibodies. Almost all the major pharmaceutical companies have undertaken R&D on therapeutic antibodies. In the purification of monoclonal antibodies, anionic impurities such as nucleic acids and endotoxins are removed through anion exchange chromatography. Thus, the integral role of chromatography techniques in the development of monoclonal antibodies is expected to drive the chromatography resin market.

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May 16, 2022

Automated Test Equipment Industry worth $8.8 billion by 2027

According to the new market research report "Automated Test Equipment Market by Components, Type, Vertical (Semiconductor Fabrication, Automotive and Transportation, Medical, Aerospace and Defense, Consumer Electronics), and Geography (North America, Europe, APAC, RoW) - Global Forecast to 2027", The automated test equipment market is expected to grow from USD 7.0 billion in 2022 to USD 8.8 billion by 2027; it is expected to grow at a CAGR of 4.7% during the forecast period.

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May 13, 2022

Plasma Fractionation Market worth $36.7 billion by 2027

According to a research report "Plasma Fractionation Market by Product (Immunoglobulins, Albumin, Protease Inhibitors, von Willebrand Factor, PCC), Application (Neurology, Immunology, Hematology, Rheumatology), End User (Clinical Research, Hospitals & Clinics) - Global Forecast to 2027" published by MarketsandMarkets, the global plasma fractionation market size is projected to reach USD 36.7 billion by 2027 from USD 26.5 billion in 2022, at a CAGR of 6.7%. The growing application of immunoglobulins in various therapeutic areas such as neurology, pulmonology, critical care, hematology, and rheumatology, increase in plasma collection centers globally, rising geriatric population and the growing prevalence of respiratory diseases and alpha-1-antitrypsin deficiency (AATD) and Chronic obstructive pulmonary disease (COPD) are the major factors driving the growth of this market.

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May 13, 2022

Feed Preservatives Market worth $6.7 billion by 2027

According to MarketsandMarkets analysis, the report "Feed Preservatives Market by Type (Feed Acidifiers, Mold Inhibitors, Feed Antioxidants, Anticaking Agents), Livestock (Poultry, Cattle, Swine, Aquaculture), Feed Type (Compound Feed, Feed Premix, Feed Meal, Silage), and Region - Global Forecast to 2027", size of feed preservatives is estimated to be valued at USD 4.8 billion in 2022. It is projected to reach USD 6.7 billion by 2027, with a CAGR of 6.7%, in terms of value between 2022 and 2027. Some of the reasons that are driving the growth of the feed preservatives market are increasing demand for meat consumption in developing countries, growth in livestock farming, increasing need to store feed for livestock, and growing application of livestock in the food industry.

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May 13, 2022

Customer Engagement Solutions Market worth $32.2 billion by 2027

According to a research report "Customer Engagement Solutions Market with COVID-19 Analysis, by Component (Solutions and Services), Deployment Type (Cloud and On-premises), Organization Size, Vertical (BFSI, Telecom & IT, and Retail & Consumer Goods) and Region - Global Forecast to 2027" published by MarketsandMarkets, the Customer engagement solutions market size is expected to grow from USD 19.3 billion in 2022 to USD 32.2 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 10.8% during the forecast period. Companys focus on delivering enhanced omnichannel customer engagement is one of the key factors driving the growth of the market. The omnichannel suite helps organizations facilitate personalized conversations across multiple channels, including voice, web, mobile, and social media. It enables organizations to strengthen their regional presence by reaching out to customers through multiple touchpoints in real-time.

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May 13, 2022

Urban Air Mobility Market worth $28.3 billion by 2030

The report "Urban Air Mobility Market by Component (Infrastructure Solutions, Platform), Platform Operation (Piloted, Autonomous), Range (Intercity, Intracity), Platform Architecture, Systems, End User and Region - Global Forecast To 2030", is projected to grow from USD 2.6 billion in 2022 to USD 28.3 billion by 2030, at a CAGR of 34.3% from 2022 to 2030. The increasing demand for an alternative mode of transportation in urban mobility for commercial applications and technological innovations in unmanned technology are the major factors driving the market.

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May 13, 2022

Intelligent Process Automation Market worth $25.9 billion by 2027

According to a research report "Intelligent Process Automation Market by Component, Technology, Application, Business Function, Deployment Mode (On-premises, Cloud), Organization Size (Large Enterprises, SMEs), Vertical and Region - Global Forecast to 2027" published by MarketsandMarkets, the global Intelligent process automation market size is expected to grow from USD 13.6 billion in 2022 to USD 25.9 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 13.8% during the forecast period.

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May 13, 2022

Power Distribution Unit Market worth $5.7 billion by 2027

According to a research report "Power Distribution Unit Market by Type (Basic, Metered, Switched, Monitored, ATS, Hot Swap, Dual Circuit), Phase (Single & Three), Power Rating (Up to 120 V, 120240 V, 240400 V, above 400 V), End User and Region - Global Forecast to 2027" published by MarketsandMarkets, the power distribution unit market size is estimated to be USD 3.9 billion by 2022 and is projected to reach USD 5.7 billion by 2027, at a CAGR of 7.9%. This is designed to provide standard electrical outlets for use within a variety of settings that dont require monitoring or remote access capabilities. Power distribution units can either be basic or intelligent, depending on the features they have. These products can monitor, track, and manage every aspect of data center activity and provide efficient solutions for critical power devices, along with data center security and server management.

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May 12, 2022

Vessel Traffic Management Industry worth $8.7 billion by 2027

According to a research report "Vessel Traffic Management Market by End User (Commercial, Defense), Component (Equipment, Solution, Service), Investment (Brownfield, Greenfield), System, Onboard Components (Equipment, Solution), and Region - Global Forecast to 2027" published by MarketsandMarkets, the Vessel Traffic Management Market is projected to grow from USD 5.8 billion in 2022 to USD 8.7 billion by 2027, at a CAGR of 8.4% during the forecast period. Vessel traffic services (VTS) are shore-based systems that range from simple information messages to ships, such as the location of other traffic or weather-related hazard alerts, to comprehensive traffic control inside a port or canal. Ships entering a VTS region are required to report to the authorities by radio and may be traced by the VTS control center. Ships must listen for navigational or other warnings on a designated frequency, and they may be called directly by the VTS operator if there is a danger of an incident or, in regions where traffic flow is limited, for guidance on whether to continue.

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May 12, 2022

Thermal Interface Materials Industry worth $5.6 billion by 2027

The report "Thermal Interface Materials Market by Chemistry (Silicone, Epoxy, Polyimide), Type (Greases & adhesives, Tapes & Films, Gap Fillers), Application (Computers, Telecom, Consumer Durables, Medical Devices) and Region - Global Forecast to 2027" The global thermal interface materials market is projected to reach USD 5.6 billion and is projected to grow at a CAGR of 10.5% between 2022 and 2027. In 2022 the global thermal interface materials market is estimated at USD 3.4 billion in 2022 and is projected to reach USD 5.6 billion by 2027, at a CAGR of 10.5% during the forecast period. The growth if the market is attributed to the growing need of thermal management solutions in ever-shrinking electronic components and systems.

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May 12, 2022

Rodenticides Market worth $7.1 billion by 2027

The report "Rodenticides Market by Type (Anticoagulants, Non-Coagulants), Mode of Application (Pellets, Spray, and Powder), End Use (Agriculture, Warehouses, and Urban Centers), Rodent Types (Rats, Mice, Chipmunks, Hamsters) & Region - Global Forecast to 2027" The global rodenticides market is estimated to be valued at USD 5.3 billion in 2022. It is projected to reach USD  7.1 billion by 2027, recording a CAGR of 5.8% during the forecast period. The rodenticides market is driven by rapid urbanization across regions. The increase in awareness on public hygiene, the prevention of vector-borne diseases, and the rise in purchasing power parity (PPP) among the middle-class population are factors that have encouraged the demand for pest control services, globally. In addition, government initiatives for maintaining environmental hygiene are projected to drive the demand for rodenticides. For instance, the “clean-up” movement in India has proven to be a major driver for the insect pest control industry.

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May 12, 2022

Smart Glass Industry worth $8.2 billion by 2027

According to a research report "Smart Glass Market by Technology (Suspended Particle Display, Electrochromic Glass, Liquid Crystals, Micro blinds, NanoCrystals, Photochromic and Thermochromic), Application, Control Mode and Geographic Analysis - Global Forecast to 2027" published by MarketsandMarkets, The global smart glass market is projected to grow from USD 5.0 billion in 2022 to USD 8.2 billion by 2027; it is expected to grow at a CAGR of 10.4% from 2022 to 2027. The key factors fueling the growth of this market include increasing importance of smart glass in the healthcare industry, rising use of smart glass in automobile applications and government support for energy-efficient construction.

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May 12, 2022

Robotic Vision Industry worth $3.8 billion by 2027

According to a research report "Robotic Vision Market by Type (2D Vision Systems, 3D Vision Systems), Component (Cameras, Lighting, Optics, Processors & Controllers, Frame Grabbers, Deep Learning Software), Deployment (Robotic Guidance Systems, Robotic Cells) - Global Forecast to 2027" published by MarketsandMarkets, the global robotic vision market size is estimated to be USD 2.4 billion in 2022 and is projected to reach USD 3.8 billion by 2027, at a CAGR of 9.6%. The rising adoption of smart cameras in the robotic vision systems and increasing adoption of 3D vision systems in industrial robotics are driving the demand for the robotic vision market. Moreover, the development in the requirement for quality inspection with automated robotic vision and rising demand for quality products and safety in industrial sector also plays a key role in driving the growth of the robotic vision market.

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May 11, 2022

Ceiling Tiles Industry worth $11.7 billion by 2027

The report "Ceiling Tiles Market by Material Type (Mineral Fiber, Metal, Gypsum, Others), Property Type (Acoustic, Non-Acoustic), End-User (Non-Residential, Residential) and Region (North America, Europe, APAC, MEA, and South America) - Global Forecast to 2027" size is projected to grow from USD 8.4 billion in 2022 to USD 11.7 billion by 2027, at a CAGR of 6.8% during the forecast period. The increasing use of ceiling tiles in construction projects is one of the most significant factors projected to drive the growth of the ceiling tiles market.

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May 11, 2022

Endoscope Reprocessing Market worth $3.8 billion by 2027

The report "Endoscope Reprocessing Market by Product (HLD and Test Strips, Detergents & Wipes, Automated Endoscope Reprocessors (AER), Endoscope Drying, Storage, & Transport Systems, Tracking Solutions), End User (Hospitals, ASCs & Clinics) - Global Forecast to 2027" The Global Endoscope Reprocessing Market is projected to USD 3.8 billion by 2027 from USD 2.4 billion in 2022, at a CAGR of 9.7% from 2022 to 2027.The growth of this market is driven by increasing preference for endoscopic procedures, high risk of endoscope-associated infections, growing geriatric population and the subsequent increase of endoscopic procedures, and increasing emphasis on improving reprocessing guidelines by healthcare facilities.

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May 11, 2022

Electric Scooter and Motorcycle Market worth 6,193 thousand units by 2027

The report "Electric Scooter and Motorcycle Market by Vehicle (E-Scooters/Mopeds & E-Motorcycles), Battery (Lead Acid & Li-Ion), Distance, Voltage (36V, 48V, 60V, 72V, Above 72V), Technology, Usage(Private, Commercial), Vehicle Class & Region - Global Forecast to 2027" , is expected to account for 6,193 thousand units by 2027, growing at a CAGR of 33.1% during the forecast period.

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May 11, 2022

Metaverse Market worth $426.9 billion by 2027

According to a research report "Metaverse Market by Component (Hardware, Software (Extended Reality Software, Gaming Engine, 3D Mapping, Modeling & Reconstruction, Metaverse Platform, Financial Platform), and Professional Services), Vertical and Region - Global Forecast to 2027" published by MarketsandMarkets, the metaverse market size is projected to grow from USD 61.8 billion in 2022 to USD 426.9 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 47.2% during the forecast period. Major factors that are expected to drive the growth of the metaverse market include affordability of the metaverse devices for customers - the launch of VR devices in countries such as China and India at low prices, which are affordable to the masses, helps the widespread use of metaverse in consumer applications. Electronics companies are also offering XR devices as a complimentary gift on the purchase of electronic appliances such as television sets, gaming monitors, and gaming consoles. Furthermore, surge in demand of devices, such as VR headsets, MR headsets, HUD, HMD, smart glasses, smart helmets, from media & entertainment industry is expected to drive the market. The key reasons for adopting these technologies are that they can offer the first-person perspective, act as natural user interfaces, and provide 6-degree freedom, to create realistic-looking virtual scenarios to enhance the overall gaming experience of end users; hence enabling to create ample opportunities for metaverse vendors.

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May 11, 2022

Shipbuilding Anti-Vibration Industry worth $1253 million by 2027

The report "Shipbuilding Anti-Vibration Market by Material, Product Type (Mounts, Bearing Pads, Bellows, Washers), Function Type (Engine Vibration, HVAC Vibration, Gernerators & Pumps), Application and Region - Global Forecast to 2027" The global shipbuilding anti-vibration market size is projected to reach USD 1253 million by 2027 from USD 958 million in 2022, at a CAGR of 5.5% during the forecast period. The growing demand for shipbuilding anti-vibration from marine industry, as well as rising disposable income in emerging economies are the major drivers for the market. Intensifying need for mounts and others anti-vibration products from various shipbuilding application such as propulsion engine, HVAC, and compressors is also driving the shipbuilding anti-vibration market. Increase in activities such as ship repair & maintenance and shipbuilding in some economies such as India, China, South Korea etc. expected to provide huge opportunities for the growth of shipbuilding anti-vibration market.

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May 10, 2022

Large-scale Natural Refrigerant Heat Pump Market worth $9.1 billion by 2027

The report "Large-scale Natural Refrigerant Heat Pump Market by Refrigerants (Ammonia (R717), Carbon Dioxide (R744), Hydrocarbons), Capacity (20-200 kW, 200-500 kW, 500-1,000 kW, Above 1,000 kW), End Use (Commercial, Industrial), Region - Global Forecast to 2027", is projected to reach USD 9.1 billion by 2027 from an estimated market size of USD 5.8 billion in 2022, at a CAGR of 9.4% during the forecast period. The factors driving the growth for large-scale natural refrigerant heat pump market is increasing visibility of contribution of large-scale natural refrigerant heat pump technology in reducing the carbon footprint.

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May 10, 2022

Drone Package Delivery Industry worth $5,556 million by 2030

According to a research report "Drone Package Delivery Market by Solution (Platform, Infrastructure, Software, Service), Type (Fixed-Wing, Multirotor, Hybrid), Range (Short <25 Km, Long>25 Km), Package Size, Duration, End Use, Operation Mode, Region - Global Forecast to 2030" published by MarketsandMarkets, the drone package delivery market is projected to grow from USD 228 million in 2022 to USD 5,556 million by 2030, at a CAGR of 49.0% from 2022 to 2030. The growth of the market across the globe can be attributed to surging demand for quick, instant, same day delivery, and emergency supplies and rising amendments in regulatory frameworks to encourage drone package delivery and increasing demand for lowering carbon emission.

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May 10, 2022

Automatic Content Recognition Market worth $4.9 billion by 2027

According to a research report "Automatic Content Recognition Market with Covid-19 Impact Analysis, By Component, Content, Technology, Applications (Broadcast Monitoring and AD Targeting & Pricing), Deployment Mode, Organization Size, Vertical and Region - Global Forecast to 2027" published by MarketsandMarkets, the automatic content recognition market is estimated to grow from USD 2.3 billion in 2022 to USD 4.9 billion by 2027, at a CAGR of 16.8% during the forecast period. The automatic content recognition market is expected to grow at a rapid pace due to the evolution of new technologies, and adoption and scaling of digital initiatives.

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May 10, 2022

Polymethyl Methacrylate (PMMA) Industry worth $6.3 Billion by 2027

The report "Polymethyl Methacrylate (PMMA) Market by Grade (General Purpose, Optical), Form(Extruded Sheet, Cast Acrylic Sheet, Pellets, Beads),End-Use Industry(Signs & Displays, Construction, Automotive, Lighting Fixtures, Electronics, Marine, Healthcare) & Region - Global Forecast to 2027" The PMMA market is projected to grow from USD 4.8 Billion in 2022 to USD 6.3 Billion by 2027, at a CAGR of 5.4% during the forecast period. PMMA market is driven by the rising demand from end-use industries, especially automotive, construction, signs & displays, and electronics. Market growth is expected to be restrained due to the availability of substitutes. Expected recovery of the automotive sector from the COVID-19 pandemic and rising penetration of EVs are expected to offer business opportunities in the forecasted period.

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May 10, 2022

Fruit & Vegetable Ingredients Market worth $280.9 billion by 2027

The report "Fruit & Vegetable Ingredients Market by Category (Fruits and Vegetables), Nature (Organic, Conventional), Type (Concentrates, Pastes & Purees, NFC Juices, and Pieces & Powders), Application, and Region - Global Forecast to 2027", is estimated to be valued at USD 207.8 billion in 2021. It is projected to reach USD  280.9 billion by 2027, recording a CAGR of 5.2% during the forecast period.

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May 9, 2022

Microtome Industry worth $585 million by 2027

According to a research report "Microtome Market by Product (Instruments, (Rotary), Accessories (Microtome Blades), Application (Disease Diagnosis, Medical Research), Technology (Fully Automated, Semi-automated, Manual), End User (Hospital, Clinical Labs) - Global Forecast to 2027" published by MarketsandMarkets, the global microtome market is expected to reach USD 585 million by 2027 from USD 425 million in 2022, at a CAGR of 6.6% during the forecast period.

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May 9, 2022

Near-Eye Display Industry worth $5.3 billion by 2027

According to a research report "Near-Eye Display Market by Technology (TFT LCD, OLEDoS, LCoS, MicroLED, AMOLED, DLP, Laser Beam Scanning), Device Type (AR, VR), Vertical (Consumer, Medical, Aerospace & Defense, Automotive) and Geography - Global Forecast to 2027" published by MarketsandMarkets, the global near-eye display market size is estimated to be USD 1.7 billion in 2022 and projected to reach USD 5.3 billion by 2027, at a CAGR of 24.7%. Surging investments and innovations from the technology giants, and emergence of the Metaverse play a key role in driving the growth of near-eye display market in near future.

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May 9, 2022

Contactless Biometrics Market worth $39.8 billion by 2027

According to a research report "Contactless Biometrics Market with COVID-19 Impact Analysis by Offering (Multimodal Biometrics Solution, Hardware, Software, Services), Software (Face Recognition, Iris Recognition), Application, Vertical and Region - Global Forecast to 2027" published by MarketsandMarkets, the contactless biometrics market size is projected to grow from USD 19.7 billion in 2022 to USD 39.8 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 15.1% during the forecast period. The major driving factors contributing to the high growth rate of contactless biometrics market include increased use of contactless biometrics technology post the pandemic, government initiatives that support the adoption of contactless biometrics solutions, smartphones and tablet adoption, and growing security concerns and hygiene issues among users due to touch-based systems.

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May 9, 2022

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