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Ammunition Industry worth $33.1 billion in 2028

The report "Ammunition Market by Application (Defense, Civil & Commercial), Caliber (Small, Medium, Large), Product (Bullets, Aerial Bombs, Granades, Artillery Shells, Mortars), Component, Guidance Mechanism, Lethality and Region - Global Forecast to 2028" The global ammunition market size is projected to grow from USD 28.0 billion in 2023 to USD 33.1 billion in 2028, at a CAGR of 3.4% from 2023 to 2028. The factors such as the increase in the geopolitical tensions, Growth in military expenditure and arms transfer, change in the nature of warfare, modernization programs undertaken by military forces, militarization of police forces, and rise in drug trafficking globallyare driving factors assisting the growth of the ammunition market. Apart from its use in defense forces, ammunition also sees increasing importance in commercial and civil applications such as self-defense, sporting, hunting, among others.

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April 12, 2024

Automotive Filters Market worth $14.6 billion by 2030

According to a research report "Automotive Filters Market by Filters Type (Air, Fuel, Oil, Cabin, Coolant, Brake Dust, Oil Separator, Transmission, Steering, EMI/EMC, Coolant, DPF, GPF, Urea), Vehicle Type, Electric & Hybrid Type, Aftermarket & Region - Global Forecast to 2030" published by MarketsandMarkets, the global automotive filters market is projected to grow from USD 12.9 billion in 2024 to USD 14.6 billion by 2030, at a CAGR of 2.1% from 2024 to 2030.

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April 12, 2024

Power Tools Industry worth $45.5 billion by 2029

The report "Power Tools Market by Tool Type (Drilling and Fastening Tools, Demolition Tools, Sawing and Cutting Tools, Material Removal Tools, Routing Tools), Mode of Operation (Electric, Pneumatic, Hydraulic), Application and Region - Global Forecast to 2029" The power tools market is expected to grow from USD 39.5 billion in 2024 to USD 45.5 billion by 2029, at a CAGR of 2.9% during the forecast period. The growth of the construction industry in emerging economies, widespread adoption of battery-powered power tools worldwide, and rising demand for power tools in the automotive sector are significant factors. Furthermore, the development of smart and connected power tools, coupled with the increasing demand for household application power tools, generates opportunities for market growth.

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April 12, 2024

Fill Finish Manufacturing Market worth $25.7 billion by 2029

The report "Fill Finish Manufacturing Market by Product (Consumables (Pre-fillable Syringes (Plunger Stopper)), Vial (Glass, Plastic), Cartridge), Instruments ((Standalone, Integrated Systems), Automated Machines), End User (CMO, Pharma) - Global Forecast to 2029", is projected to reach USD 25.7 billion by 2029 from USD 16.7 billion in 2024, at a CAGR of 8.9% during the forecast period of 2024 to 2029.

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April 11, 2024

SCADA Industry worth $16.6 billion by 2029

According to the new market research report "SCADA Market by Component (Programmable Logic Controller (PLC), Remote Terminal Unit (RTU), Human-Machine Interface (HMI), Communication Systems, I/O Devices, Storage Servers, Supervisory Systems), Offering, End User and Region - Global Forecast to 2029" The global SCADA market size is anticipated to grow from USD 11.2 billion in 2024 to USD 16.6 billion by 2029, at a CAGR of 8.3% from 2024 to 2029. Surging deployment of AI and IoT across manufacturing industries and increasing smart city projects pertaining to infrastructure and transportation are few of significant factors which drive the growth of SCADA market.

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April 11, 2024

Lithium-Ion Battery Anode Market worth $46.5 billion by 2028

The report "Lithium-Ion Battery Anode Market by Materials (Active Anode Materials and Anode Binders), Battery Product (Cell and Battery Pack), End-Use (Automotive and Non-Automotive), and Region (Asia Pacific, Europe, and North America) - Global Forecast to 2028", is projected to grow fromUSD 12.0 billion in 2023 to USD 46.5 billion by 2028, at a CAGR of 31.2%  during the forecast period. The lithium-ion battery anode market is experiencing a surge, fueled by two key trends. First, the electric vehicle (EV) revolution is driving a massive demand for lithium-ion batteries, and anodes are a critical component. Second, industrial applications are increasingly adopting lithium-ion batteries for their efficiency and clean energy benefits.  Further accelerating this growth are strategic moves by industry leaders, including collaborations and manufacturing expansions happening across the globe. This confluence of factors paints a bright picture for the future of the lithium-ion battery anode market.

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April 11, 2024

Hydrogen Storage Tanks and Transportation Market worth $4.4 billion by 2030

According to a research report "Hydrogen Storage Tanks and Transportation Market by Modular Storage (Fuel Storage, Distribution Systems), Application (Vehicles, Railways, Marine, Stationary Storage, Trailers), Tank Type (Type 1, 2, 3, 4), Pressure and Region - Global Forecast to 2030" published by MarketsandMarkets, the global Hydrogen Storage Tanks and Transportation Market is projected to reach USD 4.4 billion by 2030 from an estimated USD 0.3 billion in 2024, at a CAGR of 52.4% during the forecast period.

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April 11, 2024

Attack Surface Management Industry worth $3.3 billion in 2029

According to a research report "Attack Surface Management Market by Offering (Solutions, Services), Deployment Mode (Cloud, On-premises), Organization Size (Large Enterprises, SMEs), Vertical (BFSI, Healthcare, Retail & E-Commerce) and Region - Global Forecast to 2029" published by MarketsandMarkets, the attack surface management market is forecasted to grow from USD 0.9 billion in 2024 to USD 3.3 billion in 2029 at a (CAGR) of 29.3% during the forecast period. The attack surface refers to all the potential points of entry that attackers can use to infiltrate a system or network. This includes software, hardware, configurations, and even human behavior vulnerabilities. Essentially, the more access points, weaknesses, and gaps in the defenses, the larger the attack surface and the easier for attackers to find a way in. Attack surface management (ASM) aims to provide organizations with a comprehensive awareness of their attack surface. Through ongoing identification and monitoring of potential entry points, ASM facilitates proactive vulnerability management, substantially decreasing overall security risk. ASM is the continuous monitoring, remediation, and reduction of all security risks within an organization's attack surface. The ultimate objective of ASM is to keep the attack surface minimal to reduce the number of options hackers have to breach a network perimeter. It is the ongoing process of identifying, analyzing, prioritizing, and mitigating the cybersecurity risks and potential weaknesses that make up an organization's attack surface.

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April 11, 2024

Payment Gateway Industry worth $48.4 billion by 2029

According to a research report "Payment Gateway Market by Type (Hosted, Self-hosted), Vertical (Retail & E-commerce, BFSI, Telecom, Healthcare, Media & Entertainment, Travel & Hospitality, IT & ITeS) and Region - Global Forecast to 2029" published by MarketsandMarkets, the global payment gateway market size is projected to grow from USD 26.7 billion in 2024 to USD 48.4 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 12.6% during the forecast period.

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April 10, 2024

Arc Welding Torch Market worth $3.5 billion by 2029

The report "Arc Welding Torch Market by Wear Parts (Gas Nozzles, Contact Tips, Electrodes), Cooling Type (Air-Cooled, Water-Cooled), End-Use Industries (Automotive, Construction, Power Generation), And Region - Global Forecast to 2029", size is projected to grow from USD 2.7 billion in 2024 and is projected to reach USD 3.5 billion by 2029, at a CAGR of 4.7%. This expansion is primarily fueled by several key drivers. The promising growth in the steel industry and the escalating population and rapid urbanization rates create a robust demand for arc welding torches. Furthermore, emerging economies like China and India are witnessing a surge in demand from various end-use industries, further propelling market growth. Additionally, industrial development in regions such as the Middle East & Africa contributes significantly to market expansion.

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April 10, 2024

Structural Health Monitoring Industry worth $4.1 billion by 2029

The report "Structural health monitoring Market by Offering (Hardware, Software & Services), Technology (Wired, Wireless), Vertical (Civil Infrastructure, Aerospace & Defense, Energy, Mining), Implementation, Application and Region - Global Forecast to 2029" The global structural health monitoring market was valued at USD 2.5 billion in 2024 and is projected to reach USD 4.1 billion by 2029; it is expected to register a CAGR of 10.4% during the forecast period. The rising demand for structural health monitoring (SHM) is fueled by several key drivers. Aging infrastructure worldwide necessitates proactive monitoring to prevent failures, while stringent safety regulations mandate continuous monitoring of critical infrastructure. Technological advancements in sensor technology and data analytics enable more sophisticated SHM solutions, driving adoption. Additionally, cost savings from predictive maintenance, environmental concerns, increasing infrastructure investments, diverse industry applications, and the emphasis on data-driven insights further contribute to the growing demand for SHM systems.

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April 10, 2024

Industrial Vehicles Market worth $64.3 billion by 2030

According to a research report "Industrial Vehicles Market by Vehicle Type (Forklifts, Aisle Trucks, Tow Tractors, Container Handlers), Drive Type (ICE, Battery-operated, Gas-powered), Application, Capacity, Level of Autonomy, & Region - Global Forecast to 2030" published by MarketsandMarkets, the global industrial vehicles market size is projected to grow from USD 49.2 billion in 2024 to USD 64.3 billion by 2030, at a CAGR of 4.6%. Government investments in infrastructure development projects are fueling the growth of the industrial vehicles market on a global scale. Initiatives aimed at modernizing transportation networks, constructing new warehouses, and enhancing logistics capabilities require a robust fleet of industrial vehicles for efficient material handling and transportation operations. As regions prioritize infrastructure improvements to bolster economic growth, the demand for industrial vehicles, including tow tractors and container handlers, is steadily increasing.

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April 10, 2024

Electronic Warfare Industry worth $19.4 billion by 2028

The report "Electronic Warfare Market by Platform (Ground, Naval, Airborne, Space), Capability (Electronic Support, Electronic Attack, Electronic Protection), End-Use, Product (Electronic Warfare Equipment, Operational Support) and Region - Global Forecast to 2028" The Electronic Warfare Market is valued at USD 10.8  billion in 2023 and is projected to reach USD 19.4 billion by 2028, at a CAGR of 12.5% from 2023 to 2028. Electronic Warfare (EW) encompasses the capability to utilize the electromagnetic spectrum-including signals like radio, infrared, or radar-for sensing, protection, and communication purposes. Simultaneously, EW has the capacity to disrupt, deny, and degrade the adversaries' utilization of these signals. Electronic Warfare (EW) serves as a vital tool for managing the electromagnetic (EM) spectrum, enabling the detection, analysis, and tracking of potential threats. This enables countries and their allies with essential situational awareness necessary for preemptive defensive measures, diplomatic insights, and offensive strategies across all levels, even prior to conflicts emerging. EW facilitates Joint Electromagnetic Spectrum Operations (JEMSO), empowering armed forces to exploit, attack, and safeguard the EM operational environment.

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April 9, 2024

Water and Wastewater Treatment Equipment Market worth $87.7 billion by 2029

The report "Water and Wastewater Treatment Equipment Market by Product Type (Filtration, Disinfection, Desalination, Sludge Treatment, Biological), Process (Primary, Secondary And Tertiary), End-User (Municipal, Industrial), And Region -Global Forecast to 2029", is 68.7 billion in 2024 and is projected to reach USD 87.7 billion by 2029, at a CAGR of 5.0%.

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April 9, 2024

Wireless Broadband in Public Safety Industry worth $126.9 billion by 2029

According to a research report "Wireless Broadband in Public Safety Market by Offering (Hardware, Software, Service), Technology (Mobile Wireless Broadband, Fixed Wireless Broadband, Satellite Wireless Broadband), End User, Application and Region - Global Forecast to 2029" published by MarketsandMarkets, the wireless broadband in public safety market is expected to reach USD 126.9 billion by 2029 from USD 40.2 billion in 2024, at a Compound Annual Growth Rate (CAGR) of 25.9% during the forecast period.

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April 9, 2024

Laser Technology Industry worth $29.5 billion by 2029

The report "Laser Technology Market by Laser Type (Solid, Gas, Liquid), Configuration (Fixed, Moving, Hybrid), Application (Laser Processing, Optical Communication), Vertical (Telecommunications, Automotive, Medical, Industrial) and Region - Global Forecast to 2029" The Laser Technology Market is expected to reach USD 29.5 billion by 2029 from USD 20.0 billion in 2024, at a CAGR of 8.0% during forecast period. The significant growth factor associated with the Laser Technology Market growth are the Continuous innovations and advancements in laser technology, The increasing adoption of laser technology across various industries, growing healthcare expenditure, Increasing Adoption of Laser-based Therapies.

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April 9, 2024

Ethylene oxide and Ethylene Glycol Market worth $51.9 billion by 2029

The report "Ethylene oxide and Ethylene Glycol Market by Product Type (Ethylene Glycol, Ethoxylates, Ethanolamines, Glycol Ethers), Application (Polyester Fibers, Antifreeze & Coolants, PET Resins), End-Use Industries, and Region - Global Forecast to 2029", is expected to grow at a CAGR of 5.5% during the forecast period, from an estimated USD 39.7 billion in 2024 to USD 51.9 billion by 2029. The growth of the ethylene oxide and ethylene glycol market is propelled by various factors. One significant driver is the rising demand from industries like automotive, textiles, and plastics for ethylene glycol, which is used in manufacturing PET resins and antifreeze solutions. Additionally, the increased requirement for ethylene oxide in healthcare sterilization, alongside advancements in production technologies and sustainability practices, continues to drive market expansion. Furthermore, the expanding use of ethylene glycol in emerging economies due to industrial and urban development presents growth opportunities for the market.

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April 8, 2024

Communication Test and Measurement Industry worth $14.9 billion by 2029

According to a research report "Communication Test and Measurement Market by Offering (Hardware, Software, Services), Test Solution, Type of Test (Enterprise Test, Field Network Test, Lab & Manufacturing Test, Network Assurance Test), End User and Region - Global Forecast to 2029" published by MarketsandMarkets, the communication test and measurement market size is projected to grow from from USD 9.6 billion in 2024 to USD 14.9 billion by 2029, at a CAGR of 9.1% during the forecast period. With the increasing demand for higher data rates and bandwidth in both consumer and enterprise applications, there's a need for more sophisticated test and measurement equipment capable of accurately assessing the performance of communication networks and devices.

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April 8, 2024

Clinical Communication & Collaboration Market worth $4.8 billion by 2029

The report "Clinical Communication & Collaboration Market by Platform (Collaboration), Component (Badge, Nurse Call VOIP, Telehealth), Deployment, Application (Nurse Communication), End User (Hospital, ASC), Business Model, & Region - Global Forecast to 2029", is projected to reach USD 4.8 billion by 2029 from USD 2.6 billion in 2024, at a CAGR of 13.2%.

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April 8, 2024

Waste Management Market worth $1598.1 billion by 2029

According to a research report "Waste Management Market by Waste Type (Hazardous Waste, E-Waste, Municipal Solid Waste, Medical Waste, Construction & Demolition, Non-Hazardous Industrial Waste), Disposal (Open Dumping, Incineration/Combustionl), Source & Region - Global Forecast to 2029" published by MarketsandMarkets, the global Waste Management Market is projected to reach USD 1598.1 billion by 2029 from an estimated USD 1219.6 billion in 2024, at a CAGR of 5.6% during the forecast period.

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April 8, 2024

Model Based Enterprise Industry worth $27.1 billion by 2029

The report "Model Based Enterprise Market by Offering (Solutions, Services), Deployment Type (On-premise, Cloud), Industry (Aerospace, Automotive, Construction, Power & Energy, Food & Beverages, Life Sciences & Healthcare, Marine), Region - Global Forecast to 2029" The global model based enterprise market size is expected to grow from USD 13.6 billion in 2024 to USD 27.1 billion by 2029, at a CAGR of 14.9% from 2024 to 2029. The industrial automation continues to gain traction, which has been changing the economics of manufacturing. The increasing adoption of Industry 4.0 has enabled manufacturers to easily gather and analyze data across machines, as well as create efficient processes to produce higher quality goods at reduced costs. Further, Industry 4.0 fosters the collaboration of various processes in product development, thereby driving the growth of the model based enterprise (MBD) market.

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April 8, 2024

3D Printed Satellite Industry worth $487 million by 2030

The report "3D Printed Satellite Market by Component (Antenna, Bracket, Shield, Housing and Propulsion), Satellite Mass (Nano and microsatellite, small satellite, medium and large satellite), Application and Region - Global Forecast to 2030" The 3D printed satellite market is projected to grow from USD 112 million in 2024 to USD 487 million by 2030, at a CAGR of 27.7% from 2024 to 2030. The market has been segmented by satellite mass, components, application, manufacturing technique, and region. The 3D printing satellites market is primarily driven by factors such as ease in the development of customized products and reduction in manufacturing costs and process downtime.The key players in this market include Maxar Space Systems (US), Boeing (US), 3D Systems (US), Northrop Grumman Corporation (US), and Fleet Space Technologies Pty Ltd (Australia). These players have spread their business across various countries includes North America, Europe, Asia Pacific, and Rest of the World.

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April 5, 2024

Human Capital Management Industry worth $41.3 billion by 2029

According to a research report "Human Capital Management Market by Offering (Software (Core HR, ATS, HR Analytics, and Workforce Management) and Services), Deployment Model, Organization Size, Vertical (BFSI, Manufacturing, IT & Telecom, Government) & Region - Global Forecast to 2029" published by MarketsandMarkets, the human capital management market is expected to grow from USD 27.5 billion in 2024 to USD 41.3 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 8.5% during the forecast period. HCM focuses on optimizing the potential of a company's workforce through strategic HR practices. It transcends borders, harnessing diverse talents worldwide and shaping global enterprises for sustainable growth and competitive advantage. These drive the development of the HCM market.

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April 5, 2024

Digital Printing Packaging Market worth $46.2 billion by 2029

The report "Digital Printing Packaging Market by Printing Ink (Solvent-Based Ink, UV-Based Ink, Aqueous Ink), Printing Technology, Format( Full Color Printing, Variable Data Printing, Large Format Printing), Packaging Type, End-Use Industry - Global Forecast to 2029", The digital printing packaging market is projected to grow from USD 30.2 billion in 2024 to USD 46.2 billion by 2029 at a CAGR of 8.9%. The digital printing packaging market presents abundant opportunities for growth and innovation, driven by evolving consumer preferences, technological advancements, and sustainability imperatives. Opportunities abound in leveraging digital printing technology to offer customized and personalized packaging solutions that resonate with target audiences, enhance brand differentiation, and drive consumer engagement. Furthermore, the adoption of digital printing enables packaging manufacturers to streamline production processes, reduce time-to-market, and respond swiftly to changing market dynamics. With increasing emphasis on sustainable practices, there are also opportunities to develop eco-friendly packaging solutions using digital printing technology, aligning with consumer demand for environmentally conscious products. Overall, the digital printing packaging market offers a fertile ground for companies to capitalize on emerging trends, expand market share, and establish themselves as leaders in the dynamic and evolving packaging industry.

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April 5, 2024

Quantum Computing Industry worth $5.3 billion by 2029

The report "Quantum Computing Market by Offering, Deployment (On-Premises And Cloud), Application (Optimization, Simulation, Machine Learning), Technology (Trapped Ions, Quantum Annealing, Superconducting Qubits), End User and Region - Global Forecast to 2029" The Quantum Computing market size is valued at USD 1.3 billion in 2024 and is anticipated to be USD 5.3 billion by 2029; growing at a CAGR of 32.7% from 2024 to 2029. The key factors contributing to the growth of the quantum computing market include quantum computers, which have the potential to outperform classical computers vastly for certain types of problems. Tasks that are computationally intensive or classical computers face challenges when tackling certain types of issues, such as factoring large numbers or accurately simulating quantum systems. This increased computational power drives demand from industries seeking solutions to complex problems.

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April 5, 2024

Environment, Health, and Safety Industry worth $11.5 billion by 2029

According to a research report "Environment, Health, and Safety Market by Offering (Software and Services (Analytics, Project Deployment and Implementation, Audit, Assessment, and Regulatory Compliance, Certification)), Application, Vertical & Region - Global Forecast to 2029" published by MarketsandMarkets, the environment, health, and safety market is expected to reach USD 11.5 billion by 2029 from USD 7.9 billion in 2024, at a CAGR of 7.6 % during 2024–2029.  

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April 4, 2024

Modular Construction Market worth $140.8 billion by 2029

The report "Modular Construction Market by Type (Permanent, Relocatable), Module, Material (Wood, Steel, Concrete), End-Use Industry (Residential, Office, Education, Retail & Commercial, Hospitality, Healthcare), Region - Global Forecast to 2029", The global modular construction market size is projected to grow from USD 104.1 billion in 2024 to USD 140.8 billion by 2029, at a CAGR of 6.2% during the forecast period. The modular construction market is growing rapidly due to urbanization, population growth, and the need for faster, more efficient building methods. Technological advancements have enhanced the quality and customization options of modular buildings, making them increasingly popular. Additionally, the focus on sustainability drives the adoption of modular construction, which generates less waste and requires fewer resources compared to traditional methods. However, factors such as lack of awareness and volatility in transportation charges may stall the growth of the market.

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April 4, 2024

Palletizer Industry worth $4.1 billion by 2029

The report "Palletizer Market by Technology (Conventional, Robotic), Product Type (Bags, Boxes and Cases, Pails and Drums), Industry (Food & Beverages, Chemicals, Pharmaceuticals, Cosmetics & Personal Care, E-commerce and Retail) & Region - Global Forecast to 2029" The Palletizer Market is expected to reach USD 4.1 billion by 2029 from USD 3.2 billion in 2024, at a CAGR of 5.2% during 2024–2029. The significant growth factors associated with the Palletizer Market growth is the Technological advancements in palletizers, Increased labor costs and demand for automation in various industries, Rising demand for palletizers in e-commerce industry, Increased deployment of robotic palletizers in food & beverages industry.

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April 4, 2024

Future of Hydrogen in Automotive Market worth 353 Thousand Units by 2035

According to a research report "Future of Hydrogen in Automotive Market by Vehicle Type (Passenger Car, Light Commercial Vehicle, Bus, and Truck), Propulsion Type (FCEV, FCHEV, and H2-ICEV), H2 Refueling Points (Asia Pacific, Europe, and North America) and Region - Global Forecast 2035" published by MarketsandMarkets, the Future of hydrogen in automotive market size is projected to grow from an estimated 23 thousand units in 2024 to 353 thousand units by 2035, at a CAGR of 28.3%.

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April 4, 2024

Diagnostic Contract Manufacturing Market worth $44.9 billion by 2028

The report "Diagnostic Contract Manufacturing Market by Device (In Vitro Diagnostic Devices and Diagnostic Imaging Devices), Service (Device Development & Manufacturing, Quality Management, and Packaging & Assembly), Application, Region - Global Forecast to 2028", is projected to reach USD 44.9 billion by 2028 from USD 26.0 billion in 2023, at a CAGR of 11.5% during the forecast period. The growth of this market is majorly driven by rising demand for early diagnosis and widening clinical applications scope and growth opportunities in emerging economies with favorable manufacturing conditions and labor costs.

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April 3, 2024

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