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Commercial Security System Industry worth $343.7 billion by 2028

The report "Commercial Security System Market by Hardware (Fire Protection, Video Surveillance, Access Control, Entrance Control), Software (Fire Analysis, Video Surveillance, Access Control), Services, Vertical and Region- Global Forecast to 2028" The Commercial security system market is expected to reach USD 343.7 billion by 2028 from USD 236.3 billion in 2023, at a CAGR of 7.8% during the 2023–2028 period. The rise in government and stakeholder funding for smart city development and city surveillance solutions is a major opportunity for the commercial security system market. Cyber threats to commercial security systems pose significant risks.

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June 15, 2023

Polylactic Acid Market worth $3.3 billion by 2028

The report "Poly Lactic Acid Market by Grade (Thermoforming, Extrusion, Injection Molding, Blow Molding), Application (Rigid Thermoform), End-use Industry (Packaging, Consumer Goods, Agricultural, Textile, Biomedical) & Region - Global Forecast to 2028", The PLA market is projected to reach USD 3.3 billion by 2028, at a CAGR of 17.1% from USD 1.5 billion in 2023. The PLA market is mainly driven by the increase in consumer awareness and growing demand in end-use industries like packaging, consumer goods, agriculture, biomedical, textiles among other industries. Moreover, it is also driven by the rapidly developing market in the Asia Pacific region.

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June 15, 2023

Recycled PET Market worth $15.0 billion by 2028

The report "Recycled PET Market by Type (Flakes, Chips), Grade (Grade A, Grade B), Source (Bottles & Containers, Films & sheets), Application ( Bottles, fiber, Sheets, Strapping), Color (Clear, Colored), & Region (APAC, NA, Europe, MEA, SA) - Global Forecast to 2028", The global recycled PET market size is projected to reach USD 15.0 billion by 2028, at a CAGR of 6.5% from 2023 to 2028. The global recycled PET market size is expected to grow from USD 11.0 billion in 2023 to USD 15.0 billion by 2028, at a CAGR of 6.5% during the forecast period. The increasing global demand for sustainable and environmentally friendly packaging solutions is a major driving factor for the recycled PET market. Consumers are increasingly aware of the environmental impact of plastic waste and are actively seeking more eco-friendly alternatives. This heightened consumer demand, coupled with corporate sustainability initiatives, has pushed businesses to adopt recycled PET as a viable solution.

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June 14, 2023

Japan and South Korea eClinical Solutions Market is expected to grow at a CAGR of 13.3%

According to latest research report published by MarketsandMarkets, the eClinical Solutions Market in Japan and South Korea by Product (CDMS, eCOA, CTMS, RTSM, ETMF, Analytics, Safety), Delivery (Web-hosted, Licensed Enterprise, Cloud-based), End User (Pharma, Hospitals, CROs), Clinical Trial Phases (Phase I, II) & Region - Global Forecasts to 2027, is expected to grow at a CAGR of 13.3% from 2022 to 2027. The market is driven by the increasing adoption of eClinical solutions by pharmaceutical and biopharmaceutical companies, contract research organizations (CROs), and academic research institutes.

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June 14, 2023

Europe eClinical Solutions Market is expected to grow at a CAGR of 13.3%

According to latest research report published by MarketsandMarkets, the Eurpoe eClinical Solutions Market by Product (CDMS, eCOA, CTMS, RTSM, ETMF, Analytics, Safety), Delivery (Web-hosted, Licensed Enterprise, Cloud-based), End User (Pharma, Hospitals, CROs), Clinical Trial Phases (Phase I, II) & Region - Global Forecasts to 2027, is expected to grow at a CAGR of 13.3% from 2022 to 2027. The market is driven by the increasing adoption of eClinical solutions by pharmaceutical and biopharmaceutical companies, contract research organizations (CROs), and academic research institutes.

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June 14, 2023

USA eClinical Solutions Market is expected to grow at a CAGR of 13.3%

According to latest research report published by MarketsandMarkets, the USA eClinical Solutions Market by Product (CDMS, eCOA, CTMS, RTSM, ETMF, Analytics, Safety), Delivery (Web-hosted, Licensed Enterprise, Cloud-based), End User (Pharma, Hospitals, CROs), Clinical Trial Phases (Phase I, II) & Region - Global Forecasts to 2027, is expected to grow at a CAGR of 13.3% from 2022 to 2027. The market is driven by the increasing adoption of eClinical solutions by pharmaceutical and biopharmaceutical companies, contract research organizations (CROs), and academic research institutes.

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June 14, 2023

Aluminum Foil Packaging Market worth $27.9 billion by 2028

The report "Aluminum Foil Packaging Market by Product Type (Bags & Pouches, Wraps & Rolls, Blisters, Containers), Application (Food, Beverages, Pharmaceutical, Personal Care & Cosmetics), Type (Rolled Foil, Backed Foil), Packaging Type & Region - Global Forecast 2028", The global aluminum foil packaging market size is estimated to be USD 21.7 billion in 2023 and is projected to reach USD 27.9 billion by 2028, at a CAGR of 4.3% between 2023 and 2028. India and China, as emerging economies, will witness substantial demand for aluminum foil packaging due to the expanding packaging, food & beverage, and pharmaceutical & healthcare industries.

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June 14, 2023

5G Testing Industry worth $5.2 billion by 2028

The report "5G Testing Market by Offering (Hardware, Service), End-user Industry (IDMs & ODMs, Telecom Equipment Manufacturers, Telecom Service Providers), and Region (North America, Europe, Asia Pacific and Rest of the World) - Global Forecast to 2028" The global 5G testing market is expected to be valued at USD 3.5 billion in 2023 and is projected to reach USD 5.2 billion by 2028; it is expected to grow at a CAGR of 8.2% from 2023 to 2028. The continuous evolution of 5G technology, including the introduction of new frequency bands, network architectures, and features, creates the need for updated testing solutions. Testing solutions help validate 5G-enabled devices, applications, and network infrastructure interoperability. However, the high costs associated with developing advanced 5G testing solutions pose a barrier to the growth of this market.

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June 14, 2023

Surgical Procedures Market worth 1,27,748.5 Thousand Procedures by 2028

According to a research report "Surgical Procedures Market By Type (Gastrointestinal, Cardiovascular, Dental, Cosmetic, Urologic, Ophthalmic, Orthopedic, ENT, Nervous System, Obstetric/Gynecologic), Channel (Physician Offices, Hospitals, ASCs) - US Forecast to 2028" is projected to reach 1,27,748.5 thousand procedures by 2028 from 1,08,275.5 thousand procedures in 2023, at a CAGR of 3.4% during the forecast period.

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June 14, 2023

Microirrigation Systems Market worth $17.8 billion by 2028

According to a research report "Microirrigation Systems Market by Type (Drip & Micro-sprinkler), Crop Type (Orchard crops & vineyards, Field Crops, Plantation Crops), End User (Farmers, Industrial Users ), & Region( NA, Europe, APAC, South America, RoW) - Global Forecast to 2028" published by MarketsandMarkets, the microirrigation systems market is estimated at USD  10.4 billion in 2022 and is projected to reach USD 17.8 billion by 2028, at a CAGR of 9.4% from 2023 to 2028. Advancements in technology have significantly improved the efficiency and effectiveness of microirrigation systems. Automation and control systems allow for precise monitoring and management of water applications, ensuring optimal irrigation scheduling and reducing human error. Additionally, innovations in sensor technology, remote monitoring, and data analytics have enabled real-time monitoring of soil moisture levels, weather conditions, and crop water requirements, leading to improved irrigation management.

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June 14, 2023

Infrared Detector Industry worth $751 million by 2028

The report "Infrared Detector Market by Type (Mercury Cadmium Telluride, INGaas, Pyroelectric, Thermopile, Microbolometer), Technology (Cooled and Uncooled), Wavelength (NIR & SWIR, MWIR, LWIR), Application, Vertical and Region - Global Forecast to 2028" The global Infrared detector market is expected to grow from USD 535 million in 2023 to USD 751 million by 2028, at a CAGR of 7.0% from 2023 to 2028. High penetration of infrared detectors into non-contact temperature measurement, gas analysis, astronomy, and fire detection applications, and growing popularity of uncooled infrared detectors, and increasing demand for infrared detectors in imaging applications are the two key factors that have led to the rise in competitiveness in the infrared detector market. Moreover, the rising demand for infrared detectors in emerging countries provides opportunities for the market.

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June 14, 2023

Point of Care Molecular Diagnostics Market worth $3.4 billion by 2028

The report "Point of Care Molecular Diagnostics Market by Product (Assays, Kits, Instruments, Software), Application (Respiratory Diseases, HAIs, Cancer, STDs, Hepatitis), Technology (RT-PCR, INAAT), End User (Clinics, Hospitals, ICUs) & Region - Global Forecast to 2028" The global point of care molecular diagnostics market value is projected to be USD 3.4 billion by 2028, growing from USD 2.0 billion in 2023, at a Compound Annual Growth Rate (CAGR) of 10.6% during the forecast period. The growth of this market is majorly driven by increasing prevalence of infectious diseases and cancer, rising focus on decentralized diagnostics, increasing R&D funding, increasing awareness on the early detection of infectious diseases, and the increasing use of POC diagnostic tests.

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June 14, 2023

Time-Sensitive Networking Industry worth $1.7 billion by 2028

The report "Time-Sensitive Networking Market by Type (IEEE 802.1 AS, IEEE 802.1 Qbv, IEEE 802.1 CB, IEEE 802.1 Qbu), Component (Switches, Hubs Routers &Gateways, Controllers & Processors, Isolators & Convertors), End User, Region - Global Forecast to 2028" The global Time-Sensitive Networking market is expected to be valued at USD 0.2 billion in 2023 and is projected to reach USD 1.7 billion by 2028; it is expected to grow at a CAGR of 58.3% from 2023 to 2028. The growth of the Time-Sensitive Networking market is propelled by increasing automation in industries such as automotive, energy and power, and transportation. However, increasing security concerns across industries are restraining the growth of the market.

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June 13, 2023

Battery Recycling Market worth $54.3 billion by 2030

The report "Battery Recycling Market by Source (Automotive Batteries, Industrial Batteries, Consumer & Electronic Appliance Batteries), Chemistry (Lead Acid, Lithium-based, Nickel-based), Material (Metals, Electrolyte, Plastics) and Region - Global Forecast to 2030", is projected to grow from USD 26.9 billion in 2023 to USD 54.3 billion by 2030, at a CAGR of 10.5%. The mounting demand for electric vehicles to limit the rising pollution levels has spurred the consumption of batteries. While these have lower self-discharge rates than other rechargeable cells such as Ni-Cad and NiMH, they offer high energy and power density and are thus used in various applications, from cellular phones, industrial equipment, to electric-drive vehicles.

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June 13, 2023

Indoor Location Market worth $29.8 billion by 2028

According to a research report "Indoor Location Market by Component (Hardware, Solutions, and Services), Technology (BLE, UWB, Wi-Fi, RFID), Application (Emergency Response Management, Remote Monitoring, Predictive Asset Maintenance), Vertical and Region - Global Forecast to 2028" published by MarketsandMarkets, the indoor location industry is projected to grow from USD 10.9 billion in 2023 to USD 29.8 billion by 2028, at a CAGR of 22.3% during the forecast period. The demand for indoor location solutions is anticipated to rise as a result of the growing number of applications powered by BLE tags and beacons.

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June 13, 2023

Building Information Modeling Industry worth $15.0 billion by 2028

The report "Building Information Modeling Market by Offering (Software, Services), Deployment (Cloud, On-Premise), Project Lifecycle (Preconstruction), Application (Buildings, Industrial), End User (AEC Professionals) and Region - Global Forecast to 2028" The global building information modeling market was valued at USD 7.9 billion in 2023 and is projected to reach USD 15.0 billion by 2028; it is expected to register a CAGR of 13.7% during the forecast period. The rise in demand for BIM solutions is attributed to growing use of BIM as it leads to sustainable development and rapid rise in urbanization globally.

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June 13, 2023

Textile Yarn Market worth $18.5 billion by 2028

According to a research report "Textile Yarn Market by Source (Chemical, Plant, Animal), Type (Artificial, Natural), Application (Apparel, Home Textile, Industrial), and Region (North America, Europe, Asia Pacific, Rest of the World) - Global Forecast to 2028" published by MarketsandMarkets, the textile yarn market is estimated at USD 14.4 billion in 2023 and is projected to reach USD 18.5 billion by 2028, at a CAGR of 5.1% from 2023 to 2028. Key factor contributing to the growing demand for textile yarn is the expanding middle class in emerging economies. As more individuals enter the middle-income bracket, there is a higher demand for affordable and fashionable clothing, driving the consumption of textile yarns.

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June 13, 2023

Mining & Metal Filtration Market worth $888 million by 2028

The report "Mining & Metal Filtration Market by Filter Type (Liquid Filter Media, Air Filter Media), Filter Media (Woven Fabric, Non-Woven Fabric, Filter Paper, Fiberglass ), Application, and Region (North America, Europe, APAC, RoW) - Global Forecast to 2028", The mining & metal filtration market is projected to reach USD 888 Million by 2028, at a CAGR of 4.7% from USD 707 Million in 2023. The mining & metal filtration market is mainly driven by the increasing demand for metals. Moreover, it is also driven by stringent environmental regulations, and increasing emphasis on product quality and consistency.

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June 13, 2023

Healthcare Data Monetization Market worth $0.9 billion by 2028

The report "Healthcare Data Monetization Market by Type (Direct, Indirect), Deployment (On-premise, Cloud), End User (Pharmaceutical & Biotechnology Companies, Healthcare Payers, Healthcare Providers, Medical Technology Companies), Region - Global Forecast to 2028", The global healthcare data monetization market is projected to reach USD 0.9 billion by 2028, from USD 0.4 billion in 2023, at a CAGR of 18.5% from 2023 to 2028. Factors such as exponentially increasing data volume and generation of large and complex healthcare datasets, the need to curtail escalating healthcare costs, expanding partnerships and collaborations among players, and growing investments in the adoption of EHR systems primarily drive the growth of this market. Furthermore, the rising adoption of AI in precision medicine and the growing demand for real-world evidence (RWE) would provide lucrative opportunities to solution providers.

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June 13, 2023

Positron Emission Tomography Market worth $3.5 billion by 2028

The report "Positron Emission Tomography Market by Product (Standalone PET Systems, PET/CT Systems, PET/MRI Systems), Application (Oncology, Cardiology, Neurology), End User (Hospitals & Surgical Centers, Diagnostic & Imaging Clinics) & Region - Global Forecasts to 2028", The global positron emission tomography market is projected to reach USD 3.5 billion by 2028 from USD 2.5 billion in 2023, at a CAGR of 6.6% from 2023 to 2028. The major factors driving the growth of this market include rising geriatric population, various chronic diseases, and increasing healthcare expenditure increasing public-private funds and investments in emerging markets.

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June 13, 2023

Water Recycle and Reuse Market worth $27.0 billion by 2028

The report "Water Recycle and Reuse Market by Equipment (Filtration, Machinery, Tanks, Pipes and Drains), Capacity (<25,000L, 25,001 TO 50,000 L, 50,001 L TO 100,000 L, > 100,001 L), End Use (Industrial, Commercial, Residential), & Region - Global Forecast to 2028", The Water recycle and reuse market, is projected to reach USD 27.0 billion by 2028, at a CAGR of 10.8% from USD 16.1 billion in 2023. The water recycle and reuse market is mainly driven by the demand for filtration equipments in various end-use industries, including Industrial, Commercial, Residential with the scarcity of water resources and concerns for the environmental impact. Moreover, it is also driven by rapidly developing and emerging economies such as India and China.

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June 12, 2023

Next-Generation Solar Cell Industry worth $7.4 billion by 2028

The report "Next-Generation Solar Cell Market by Material Type (Cadmium Telluride (CdTe), Copper Indium Gallium Selenide (CIGS), Amorphous Silicon, Gallium-Arsenide, Others), Installation (On-Grid, Off-Grid), End User and Geography - Global Forecast to 2028" The next-generation solar cell market is valued at USD 3.0 billion in 2023 and is projected to reach USD 7.4 billion by 2028, growing at a CAGR of 19.5% during the forecast period from 2023 to 2028. The major driving factors are technological advancement in next-generation solar cells, government initiatives in solar PV projects, and increasing demand for solar cells in the residential and commercial sectors.

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June 12, 2023

Probiotics in Animal Feed Market worth $7.1 billion by 2028

According to a research report "Probiotics in Animal Feed Market by Livestock (Poultry, Swine, Ruminants, Aquaculture, Pets), Source (Bacteria, Yeast, Fungi), Form (Dry, Liquid), Function (Qualitative) (Nutrition, Gut Health, Immunity, Productivity) & Region - Global Forecast to 2028" published by MarketsandMarkets, the probiotics in animal feed market is projected to reach USD 7.1 billion by 2028 from USD 4.6 billion by 2023, at a CAGR of 9.1% during the forecast period in terms of value. The market for probiotics in animal feed is experiencing growth due to the increasing demand for meat and meat products among the growing population.

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June 12, 2023

Defibrillator Market worth $18.1 billion by 2028

The report "Defibrillator Market by Product [Tranvenous ICD (Single & dual chamber, biventricular, CRT-D), Subcutaneous, External (Automated, Wearable)], Patient (Adult, Pediatric), Enduser (Hospitals, Prehospital, Home care, Public Access) - Global Forecast to 2028", The global defibrillator market is expected to reach USD 18.1 billion by 2028 from USD 13.6 billion in 2023, at a CAGR of 5.9% during the forecast period. The defibrillators market is mainly driven by the rising incidence of coronary artery diseases, growth in the older population, availability of medical reimbursements for cardiac procedures, expansion of healthcare infrastructure across emerging economies, growing number of players on boosting the research in defibrillators machine, and increase government focuses in boosting the installation of automated external defibrillators in public access places. However, frequent product recalls and issues related to implantable and automated defibrillators are some of the key challenges the leading players face in the global market.

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June 12, 2023

Flow Chemistry Market worth $2.9 billion by 2028

The report "Flow Chemistry Market by reactor (Tabular Reactors, Microreactors, Oscillatory Flow Rectors, Droplet-Based Reactors, Photochemical Reactors), Purification Method( Chromatography, Liquid-Liquid Extraction), Application, & Region - Global Forecast 2028", The Flow chemistry market is expected to grow at a CAGR of 10.4% during the forecast period, from an estimated USD 1.7 billion in 2023 to USD 2.9 billion by 2028. Rapid Growth in the Global Pharmaceutical Industry, Increasing Demand for Greener and more sustainable chemical production will drive the flow chemistry market.

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June 12, 2023

Sensor Fusion Industry worth $18.0 billion by 2028

The report "Sensor Fusion Market by Algorithms (Kalman Filter, Bayesian Filter, Central Limit Theorem, Convolutional Neural Networks), Technology (MEMS, Non-MEMS), Offering (Hardware, Software), End-Use Application and Region - Global Forecast to 2028" The sensor fusion market is projected to grow from USD 8.0 billion in 2023 to USD 18.0 billion by 2028, registering a CAGR of 17.8% during the forecast period. The market growth is attributed to the increasing demand for integrated sensors in smartphones and increasing demand for smart homes and building automation. Furthermore, the growing demand for advanced driver assistance systems (ADAS) and the deployment of autonomous vehicles is expected to create lucrative opportunities for the market.

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June 12, 2023

Bulk Food Ingredients Market worth $454.6 billion by 2028

According to a research report "Bulk Food Ingredients Market by Primary Processed Type, Secondary Processed Type, Application (Food, Beverage), Distribution Channel (Direct from Manufacturers, Distributors), and Region - Global Forecast to 2028" published by MarketsandMarkets, the bulk food ingredients market is estimated at USD 454.6 billion by 2028 from USD 366.7 billion by 2023, at a CAGR of 4.4% during the forecast period in terms of value. Bulk items are ingredients that go into packaged, processed, and ready-to-eat products like chocolates, candy, and beverages. Dry fruits and nuts, sugar, spices, wheat, rice, herbs, and other edibles make up the majority of these food categories. Due to rising spending on packaged and processed goods, the market for bulk ingredients is booming. A significant shift in lifestyle in developing economies has also increased demand for prepared and processed foods. Additionally, it is predicted that the market will benefit from consumers shifting their preferences from synthetic and pre-packaged consumables to organic, raw, and clean food items, particularly in developed countries. These consumables, such as flour and oils, are also final goods. They are purchased in large quantities from wholesalers and distributed to a variety of retail stores, supermarkets, hypermarkets.

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June 12, 2023

Viral Vector & Plasmid DNA Manufacturing Market worth $12.8 billion by 2028

The report "Viral Vector Manufacturing Market by Type (Viral Vector [Retroviruses, Adenoviruses, AAV, Lentiviruses], Plasmid DNA), Workflow (Upstream, Downstream), Application (Cell & Gene Therapy), Diseases (Cancer), End User & Region - Global Forecast to 2028", The global viral vector & plasmid DNA manufacturing market is projected to reach USD 12.8 billion by 2028 from USD 5.5 billion in 2023, at a CAGR of 18.2% during the forecast period of 2023 to 2028. The growth of this market is driven by rising prevalence of target diseases and disorders, the availability of funding for gene therapy development, effectiveness of viral vectors in gene therapy delivery, and ongoing research into viral vector-based gene and cell therapies, leading to expanded applications and adoption of viral vector and plasmid DNA manufacturing technologies.

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June 12, 2023

Immunohistochemistry (IHC) Market worth $4.7 billion by 2028

The report "Immunohistochemistry (IHC) Market by Product (Antibodies, Reagents, Equipment, Kits), Application (Diagnostics [Cancer, Infectious, Autoimmune Diseases], Research, Forensic), End Users (Diagnostic laboratories, Research Institute) - Global Forecast to 2028" The global immunohistochemistry market is projected to reach USD 4.7 billion by 2028 from USD 3.2 billion in 2023, at a CAGR of 7.4% during the forecast period of 2023 to 2028. Market growth is largely driven by the increased population of geriatric and the increased incidence of cancer cases, technological advancement of IHC, and availability of reimbursements for IHC tests. However, the presence of alternative test, and the high degree of consolidation in the market by the major market players is expected to restrain the growth of this market during the forecast period.

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June 9, 2023

Display Industry worth $187.8 billion by 2028

The report "Display Market by Display Technology (LCD, OLED, Micro-LED, Direct-view LED), Panel Size (Microdisplays, Small & Medium-sized Panels, Large Panels), Product Type (Smartphones, Television Sets, Wearables), Vertical, and Region - Global Forecast to 2028" The display market is expected to reach USD 187.8 billion by 2028 from USD 157.8 billion in 2023, at a CAGR of 3.5% from 2023 to 2028.The major factors driving the market growth for displays include surging adoption of OLED displays in various applications, increasing use of LED displays for video walls, TVs, and digital signage applications, increasing applications of displays in automotive and healthcare industries, and growing popularity of interactive displays.

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June 9, 2023

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