Press Release page-28| MarketsandMarkets

In Flight Content Market Growth in Turkey

Growing passenger demand for personalized entertainment to drive the In-Flight Content market

Turkish Airlines, the national flag carrier, connects various destinations due to the country's strategic positioning between Europe and Asia, as well as between Europe and the Middle East. Given the variations in the destinations and the respective entertainment tastes of the traveling customers, Turkish Airlines has adopted enhanced entertainment onboard within its programs, providing movies, TV series, music, and games in many languages. This newly improved level of entertainment given to its passengers has reached international levels, bringing the passengers happiness and loyalty to Turkish Airlines. In addition to improving the flying experience for passengers, new technologies have demonstrated to other carriers what could be incorporated to enhance the entertainment on offer.
- Published: December 2024
3D-Printed Drones Market Growth in Middle East & African Countries

Growing Investment in Drone Innovation by Local Players to Boost 3D-Printed Drone Market Growth in Middle East & African Countries

There is great adoption in the Middle East and Africa by countries such as the UAE, Saudi Arabia, and Israel for 3D-printed drone technologies. Such growth is founded on an increase in additive manufacturing techniques and the increasing demand of customized unmanned aerial vehicles from various sectors.
- Published: December 2024
3d-Printed Drones Market Growth in Canada

Increasing demand for 3D-printed drones from various sectors to drive the market

The market for 3D-printed drones in Canada is currently developing at a strong rate, influenced by improvements in additive manufacturing and applications across various industries. The potential of additive manufacturing for fast prototyping and the production of lightweight yet strong drones specifically suited to certain use cases has completely changed the drone manufacturing environment.
- Published: December 2024
In-flight retail & advertising market growth in South Africa

Rising need to cater to a culturally diverse passenger base to drive the market

In South Africa, the in-flight retail & advertising market is influenced by unique factors such as satellite connectivity for regional focus, language diversity, and a focus on cost-effective solutions tailored to the market dynamics. South Africa utilizes satellite connectivity through companies such as Eutelsat to provide in-flight entertainment tailored explicitly for regional African routes. This approach ensures reliable and high-quality entertainment options, enhancing the passenger experience on flights across the continent. This supports the connectivity needs of airlines linking South Africa with other African countries, improving the passenger experience across the continent.
- Published: December 2024
In-flight retail & advertising market growth in the UAE

The presence of leading airlines and advanced infrastructure to drive the In-flight retail & advertising market

The Middle Eastern countries are hubs for commercial and business aviation, fostering a demand for diverse content types such as movies, TV shows, and live TV tailored to the preferences of global travelers. The region emphasizes luxury and premium services, encouraging airlines to offer high-quality entertainment experiences, potentially including 4K resolution options and exclusive content partnerships with major studios. Advancements in connectivity infrastructure, supported by companies such as Thales (France) and Inmarsat (London), enable seamless streaming operations onboard, enhancing passenger satisfaction. Strategic alliances with local and international content providers ensure a culturally rich library that caters to regional and international passengers, highlighting the region's pivotal role in shaping the future of in-flight entertainment.
- Published: December 2024
In-flight retail & advertising market growth in the UK

Rising focus on digitalized sales channels and cabin crew engagement to drive the market

Europe is a significant hub for air travel, with passenger numbers steadily increasing, particularly on LCCs. This translates to a larger audience for in-flight retail & advertising. The diverse passenger demographics in the region drive demand for culturally tailored in-flight retail & advertising content. Airlines are leveraging data analytics to understand passenger preferences better and tailor their product offerings and advertisements to match their travelers' cultural and linguistic diversity. The European aviation sector is supported by regulatory frameworks that encourage digital innovations. This includes advancements in digital payments and connectivity solutions that facilitate seamless in-flight shopping and personalized advertising experiences. These factors are collectively responsible for the growing European in-flight retail & advertising market.
- Published: December 2024
Integrated Visual Augmentation Systems Growth in India

Adoption of AR/VR for improved combat capabilities to drive the Integrated Visual Augmentation Systems market in India.

India usually relies on state-owned companies to source defense equipment. It is now turning to startups leveraging AR and VR technology. These technologies help individuals enhance their combat skills. The armed forces are collaborating with startups to train pilots to use aircraft efficiently and to make weapon systems more efficient. For example, the see-through armor developed by Mumbai-based AR/VR startup AjnaLens (India) in 2022, which secured USD 1.6 million in pre-series A funding in April, is named AjnaESAS (Enhanced Situational Awareness System). It includes an AR-based head-mounted display and a 360-degree camera, providing tank crews with a 360-degree horizontal field of view. The AR-based solution can empower drivers to safely navigate through dust, sand, and haze, increasing the crew’s survivability. In another instance, in mixed reality training developed by EDIIIE (India), participants complete a mission to eliminate terrorists and recapture a headquarters, utilizing Hololens. The training incorporates smoke effects, bullet sounds, injuries, and Al-driven enemy reactions for enhanced realism. In VR training, soldiers engage in a hostage crisis scenario, collaborating with remote team members and using virtual weapons. The HTC Vive was used for this setup.
- Published: December 2024
Integrated Visual Augmentation Systems Growth in Israel

Adoption of augmented reality for operational efficiency to drive the Integrated Visual Augmentation Systems market in Israel.

The Israeli Integrated Visual Augmentation Systems (IVAS) market is growing rapidly due to the country’s focus on advanced technology for defense. Israel places a high value on using the latest technologies to improve military performance, which has led to the rise of IVAS systems. In July 2022, Elbit Systems launched the X-Sight AR helmet-mounted display for helicopter pilots. It gives pilots real-time data and enhances avionics. This helps them perform missions more efficiently, even in harsh weather or challenging conditions. The X-Sight system combines sensors, an AI-powered mission computer, and an AR display, helping pilots stay aware of their surroundings and perform efficiently under harsh conditions.
- Published: December 2024
Integrated Visual Augmentation Systems Growth in the UK

High military spending drives the UK's focus on modernizing defense with advanced technologies in the Integrated Visual Augmentation Systems market.

The UK, a member of NATO, is investing in Integrated Visual Augmentation Systems (IVAS) to improve its military power. The UK spent the most on defense in Central and Western Europe. Part of this money has gone to support Ukraine and Iraq operations and modernize the military. The Ministry of Defence (MoD) wants to use IVAS to make troops more aware and improve their performance. Thermoteknix Systems, a UK-based company, introduced the Fused Night Vision Goggle with Augmented Reality (FNVG-AR) at the DSEI 2023 exhibition in London. This lightweight device integrates advanced night vision, thermal imaging, and augmented reality to enhance visibility and awareness in low-light environments.
- Published: December 2024
AC Motors Market worth $6.60 billion by 2029

According to a research report "AC Motors Market by Type (Induction, Synchronous), Voltage (3 kV-3.6 kV, 3.7-4.9 kV, 5 kV-7.2 kV, above 7.2 kV), Poles (2, 4, 6, 8, 10), Power Rating, End User and Region - Global Trends & Forecast to 2029" published by MarketsandMarkets, the AC motors market is projected to reach USD 6.60 billion by 2029 from an estimated USD 4.60 billion in 2024, at a CAGR of 7.5% during the forecast period (2024–2029).
- Published: December 2024
In-flight Internet Market Growth in India

Indigenous development of in-flight connectivity to drive market growth in India

The aviation industry is proliferating due to the number of domestic and international flights out of India. The growth happening in a tech-savvy country like India gives it all the more speed because this growing number of customers requires better internet and communication in-flight. These in-flight connectivity market solutions have to soar further as they deal with the fast-rising business of aviation.
- Published: December 2024
In-flight Internet Market Growth in Saudi Arabia

Vision 2030 program to drive market growth

Technologically, Saudi Arabia is beginning to emerge as a primary source of in-flight internet markets. The aviation industry within Saudi Arabia is proliferating with major airlines such as Saudi Arabian Airlines (SAUDIA), which have made great efforts toward ensuring that passengers are completely connected during their flights with leaders such as SITAONAIR that helps deliver reliable Wi-Fi service on select flights, enabling enhanced travel experiences for tech-friendly passengers.
- Published: December 2024
Lubricants Market Outlook 2025: New Opportunities worth USD 178.1 billion by 2025 in Lubricants Industry

According to a research report "Lubricants Market Outlook 2025 - Navigating the sustainable and disruptive Horizon of Tomorrow", published by MarketsandMarkets, The lubricants market size was USD 173.5 billion in 2024 and is projected to reach USD 178.1 billion by 2025, at a CAGR of 2.7%, between 2024 and 2025. The global lubricants market is expected to increase highly in the coming years due to a number of factors. A major driver for growth in the market is increasing demand for high-performance engines in the automotive and industrial sectors. The expanding marine industry, and the limitations of electric vehicles are other factors that are driving the lubricant market. Furthermore, a growing global population along with industrialization and urbanization is creating an increasing demand for lubricants in all sorts of applications, such as transportation, manufacturing, and agriculture.
- Published: December 2024
Shaping the Future of Nutraceuticals: Trends, Innovations, and Market Outlook for 2024 and Beyond

According to a research report "Nutraceuticals & Dietary Supplements Industry Outlook 2025 - Personalized Nutrition, Sustainability, and Technological Advancements Shaping the Future of Wellness" published by MarketsandMarkets, the Future of Nutraceuticals & dietary supplements Industry Outlook for 2024 offers an in-depth exploration of the industry's trajectory. It highlights key market segments such as personalized nutrition, functional ingredients, plant-based nutraceuticals, clean-label products, probiotics, omega-3 fatty acids, vitamins, and supplements targeting specific health concerns. The report emphasizes advancements in digital health, the growing demand for sustainable and ethically sourced ingredients, and the integration of cutting-edge technologies like artificial intelligence (AI) in supplement formulation and personalized health solutions.
- Published: December 2024
Aviation Cloud Market Growth in Canada

Canada's Aviation Industry Embraces AI and Cloud Technologies for Predictive Maintenance Excellence.

Canada is shaping the standard for the aviation cloud market with AI-based cloud solutions and innovating. The critical component of its ability to lead the world aviation system without compromising on operational excellence is found in the balance it provides with sustainability. The major airports, like Toronto Pearson and Calgary International, utilize this cloud computing solution to optimize fuel consumption, minimize emissions, and improve energy management. Such a significant presence of key airlines and airports shifting to the cloud positions the country in the best possible way to determine the robust and effective ecosystem in the aviation sector that contributes to enhanced operational dependability and passenger satisfaction.
- Published: December 2024
Aviation Cloud Market Growth in China

China Leverages Cloud Technology to Transform Aviation Operations and Passenger Experiences.

China's aviation sector is transforming digitally, with cloud computing at the root of this digital transformation. An aviation cloud market in China provides an integrated system between airlines and airports or ground operations using real-time data and high-level analytics. Such technological changes align with China's intent to handle the vast volumes of air traffic, enhance efficiency in the process, and increase customer satisfaction. The other fundamental reason for China adopting the aviation cloud is the increasing complexity of its aviation sector. Real-time management has become necessary given the handling of millions of passengers annually at significant hubs like Beijing Daxing International Airport and Shanghai Pudong International Airport. It enables airports to monitor and optimize schedules for flights, passengers, and baggage handling systems.
- Published: December 2024
Aviation Cloud Market Growth in the UK

UK Revolutionizes Aviation Cloud Market with AI and Digital Transformation.

The UK is leading the way in innovation in the aviation cloud market. It uses AI and cloud technologies to optimize airport performance and improve passenger experience. Heathrow and Gatwick airports are at the heart of these innovations.
- Published: December 2024
Ground Support Equipment Market Growth in Canada

Canada Drives the Future of Ground Support Equipment with Advanced Technology and Green Initiatives.

Canada is one of the emerging leaders in the GSE market. Innovation and sustainability brought Canada into the limelight. Most major airports in Canada have begun implementing the latest GSE technologies to achieve greater operational efficiency and environmental conservation, including Toronto Pearson International and Vancouver International. Electric and hybrid GSE are prime examples of Canada's focus on greener aviation.
- Published: December 2024
Ground Support Equipment Market Growth in Ethiopia

Ethiopia's strategic investments in efficiency, innovation, and sustainability drive advancements in the ground support equipment market.

Ethiopia has become a strong regional aviation hub and up-and-coming player in the ground support equipment (GSE) business, given its strategic positioning and growth of Ethiopian Airlines as Africa's leading carrier. With Addis Ababa Bole International Airport being one of the main gateways for international air traffic, Ethiopia is investing significantly in modernizing its airport infrastructure, even embracing state-of-the-art GSE Market technologies. These developments are intended to simplify ground operations, improve turnaround efficiency, and meet the increasing demand for cargo and passenger services.
- Published: December 2024
Ground Support Equipment Market Growth in UAE

UAE focuses on cutting-edge technology and sustainability, revolutionizing the ground support equipment market.

Integration with ground support equipment market technology that enhances efficiency and sustainability has earned the UAE a solid position in aviation management worldwide. Examples of major airports utilizing ground equipment innovations include DXB for Dubai International and AUH of Abu Dhabi.
- Published: December 2024
In-Flight Internet Market Growth in Canada

Innovations in LEO satellite constellation to drive market growth in Canada

The in-flight internet market in Canada is growing at an unprecedented rate due to some unique geographical factors combined with advancing technological dynamics. Geographical spread through this country has necessitated that connection be reliable and widespread, making satellite technology development a critical component of this evolution. Telesat is one of the companies leading in this innovation, as they can offer better coverage and faster speeds in even the most remote places through their LEO satellite constellations. Such changes are changing the connectivity landscape, allowing airlines to keep up with passenger demands for continuous internet onboard.
- Published: December 2024
Satellite Ground Station Market Growth in the UK

UK’s technological advancements and AI integration will propel the growth of the satellite ground station market.

The UK has been providing tremendous venture capital funding to these start-ups in the LEO constellation. For example, there is OneWeb in London. In 2023, OneWeb completed its rollout of an LEO satellite constellation meant to enhance global connectivity and help with critical communications applications, such as disaster response and rural connectivity.
- Published: December 2024
Leo Satellite Market Growth in Canada

Canada's pursuit of high domestic demand and strategic investments to propel the growth of the LEO Satellite Market.

Canada's Low Earth Orbit (LEO) satellite market is growing rapidly with massive investment and strategic partnership which helps to enhance global connectivity and technological innovation. Telesat Lightspeed constellation by Telesat is a major development aimed at global delivery of broadband services at high speed.
- Published: December 2024
Leo Satellite Market Growth in Mexico

Mexico's Strategic Investments and Collaborations Propel its Emergence as A Key Country in the Low Earth Orbit Satellite Market

Mexico is playing a significant role in the LEO satellite market. Strategically, the government invested in collaboration with Foxconn to enhance its technological infrastructure and global connectivity. Foxconn at Guadalajara opens a major manufacturing plant; that is, for the assembly and manufacturing of Nvidia's advanced GB200 Blackwell AI servers in its operations. This move reflects Mexico's increasing stature in high-tech manufacturing, especially components critical to satellite technology.
- Published: December 2024
Leo Satellite Market Growth in Saudi Arabia

Growing Collaborations for technological advancement of space systems to boost Saudi Arabia LEO satellite market growth

Saudi Arabia is making tremendous strides in the Low Earth Orbit (LEO) satellite market. This is in line with the country's Vision 2030, which focuses on the diversification of the economy and technological capabilities. One of the biggest events is the formation by PIF of Neo Space Group (NSG) in May 2024. This intends to become a national market leader in the satellite and space industry, specializing in communications, Earth observation, navigation, and Internet of Things. The group intends to put investments in both international and local assets to develop and localize the relevant competencies in the sector.
- Published: December 2024
Satellite Ground Station Market Growth in Canada

Canada's pursuit of high domestic demand and strategic investments to propel the growth of the satellite ground station market.

Growth in the Canadian satellite ground station market is based on increased demand for secure and reliable satellite communication services. Application areas in the telecommunications, remote sensing, and scientific research sectors, incredibly remote and underserved regions, are the stimuli for this growth. Moreover, increasing government support to enhance Canada's military and government communication infrastructure has further encouraged the market.
- Published: December 2024
Satellite Ground Station Market Growth in India

India’s lucrative space initiatives are driving the satellite ground station market.

The driving force for India's satellite ground station market is the country's advanced space infrastructure, led by the Indian Deep Space Network, inaugurated in Karnataka in 2008. This facility has provided crucial missions on lunar and Mars exploration missions, including deep space ventures. IDSN features advanced antennas that can trace objects from deep space, which is the epitome of India's capability in Earth observation, communication, and navigation satellite applications. For instance, the IDSN played a key role in the Chandrayaan-2 and Mars Orbiter missions, establishing India as an interplanetary communication leader.
- Published: December 2024
Light Curable Adhesives Market worth $2.7 billion by 2029

The report "Light Curable Adhesives Market by Resin Type (Silicone, Polyurethane, Acrylic, Epoxy, Others), Substrate(Rubber, Plastic, Metal, Others), Application(Medical, Electronics, Glass Bonding, Industrial Assembly, Others) & Region - Global Forecast to 2029", size is projected to reach USD 2.7 billion by 2029, at a CAGR of 9.3% from USD 1.3 billion in 2024 during the forecast period. There are several key factors driving the growth of the light curable adhesives market. The most important among them is the growing demand from end-use industries such as electronics, medical devices, automotive, and packaging. In the electronics industry, the need for fast-curing, high-precision adhesives to bond miniaturized components is growing with the miniaturization of devices. In the case of medical devices, the light curable adhesives are used for precise bonding and sterilization compatibility, which are driving market growth. Second, technology advancements in UV and LED curing systems have greatly increased the productivity and flexibility of light curing adhesives. As curing times can be considerably faster, less energy consuming, and capable of bonding numerous substrates together, they open up further applications that will increase the demand even more. On the whole, the pressure on adopting sustainable operations and following environmental regulations has increased demand for VOC and environmentally friendly adhesive alternatives. Such environmental standards make light curable adhesives perfectly placed as a greener alternative to be used by various industries. In addition, the cost-efficiency of light curable adhesives because of faster curing times and lower production energy requirements has made this an attractive proposition for process optimization for the manufacturers. Last but not the least, the emerging market expansion and the use of lightweight materials in automobile and consumer electronics are factors contributing to this market growth.
- Published: December 2024
AI in Oncology Market worth $11.52 billion by 2030

The report "AI in Oncology Market by Player Type (Integrated Suite), Application (Drug Discovery, De Novo Drug Design, Diagnosis, Precision Medicine, Genomic), Technology (CNN, NLP), Cancer Type (Lung), End User (Hospitals, Pharma), & Region - Global Forecast to 2030", is expected to reach USD 11.52 billion by 2030, up from USD 2.45 billion in 2024, at a CAGR of 29.4 % from 2024 to 2030.
- Published: December 2024
AI in Video Surveillance Industry worth $12.46 billion by 2030

The report "AI in Video Surveillance Market by Offering (AI Camera, Video Management System, Video Analytics), Deployment (Cloud, Edge), Technology (Machine Learning, Deep Learning, GenAI, Computer Vision, Natural Language Processing) - Global Forecast to 2030" The AI in video surveillance industry is projected to grow from USD 3.90 billion in 2024 to USD 12.46 billion by 2030, growing at a CAGR of 21.3% from 2025 to 2030. The increasing demand for advanced security solutions across various sectors is one of the factors driving growth in the AI-powered video surveillance market. As urban populations expand and public awareness of security threats increases, businesses, governments, and individuals become more likely to invest in sophisticated surveillance technologies.
- Published: December 2024
Smoke Evacuation Systems Market worth $266.4 million by 2029

The report "Smoke Evacuation Systems Market by Product (Pencils & Wands, Systems (Portable, Stationary), Filter, Accessories), Application (General Surgery, Laproscopic, Orthopedic, Aesthetics), End User (Hospitals, ASC, Dental Clinics) - Global Forecast to 2029", is projected to reach USD 266.4 million by 2029 from USD 187.6 million in 2024, at a CAGR of 7.3% between 2024 and 2029.
- Published: December 2024
Medical Aesthetics Market worth $35.32 billion by 2030

The report "Medical Aesthetics Market by Product (Botox, Filler, Peel, Implant, Liposuction, Microneedling, Hair Removal, Laser Resurfacing, RF, Phototherapy), Procedure (Surgical, Nonsurgical), End User (Hospital, Beauty Clinic, Spa), Region - Global Forecast to 2030", is estimated to reach USD 35.32 billion by 2030 from USD 17.16 billion in 2024, at a CAGR of 12.8% during the forecast period.
- Published: December 2024
Property Management Market worth $42.78 billion by 2030

According to a research report "Property Management Market by Software Type (Lease Management (Portfolio Management, Document Storage & Management, AI Lease Abstraction, Lease Accounting & Administration), Facility Management, Reporting & Analytics), End User - Global Forecast to 2030" published by MarketsandMarkets, the property management market is expected to reach USD 42.78 billion by 2030 from USD 26.49 billion in 2024, at a CAGR of 8.3% during 2024–2030.
- Published: December 2024
AI in Computer Vision Industry worth $63.48 billion in 2030

The report "AI in Computer Vision Market by Offering (Cameras, Frame Grabbers, Optics, LED Lighting, CPU, GPU, ASIC, FPGA, AI Vision Software, AI Platform), Technology (Machine Learning, GenAI), Function (Training, Inference), Application - Global Forecast to 2030" The global Al in computer vision market is projected to reach USD 63.48 billion in 2030 from USD 23.42 billion in 2025; it is expected to grow at a CAGR of 22.1% from 2025 to 2030. The AI in computer vision market is growing at an incredible pace as industries increasingly rely on advanced technologies to improve efficiency, accuracy, and decision-making. In the healthcare industry, it is revolutionizing diagnostics with enhanced image analysis. In manufacturing, it enhances quality control through automated inspections. Retailers use it to track customer behavior and offer customers a tailored shopping experience. The automotive sector uses it for self-driving cars, safety systems. This growth is primarily triggered by the increased availability of visual data from smartphones, surveillance systems, and IoT devices together with the advancement in machine learning and deep learning.
- Published: December 2024
Flow Battery Industry worth $1.18 billion by 2030

The report "Flow Battery Market by Battery Type (Redox, Hybrid), Material (Vanadium, Zinc Bromine, Organic, All-iron, Hydrogen Bromine), Storage (Large Scale & Small Scale), Use Cases (Peak Capacity, Energy Shifting, Frequency Regulation) - Global Forecast to 2030" The global flow battery market will be USD 1.18 billion by 2030 from USD 0.34 billion by 2024, at a CAGR of 23.0% during the forecast period. The Flow Battery is an energy storage system that has varying applications from utility, telecoms, commercial, industrial and military. It has recently gained widespread use in residential and electric vehicle charging applications because of the technical superiority over the lithium-ion and lead-acid batteries. In conventional batteries, energy is embodied in the electrode material; whereas, in flow batteries, the energy is stored in external tanks containing liquid electrolytes which are circulated through cells to create the electrochemical reaction.
- Published: December 2024
Extreme Ultraviolet (EUV) Lithography Industry worth $22.69 billion by 2029

The report "Extreme Ultraviolet (EUV) Lithography Market by Component (Light Sources, Optics, Masks, EUV Metrology, EUV Sensors, EUV Subassembly) and End User (Integrated Device Manufacturers (IDMs), Foundries) - Global Forecast to 2029" The EUV lithography market is expected to reach USD 22.69 billion by 2029 from USD 12.18 billion in 2024, at a CAGR of 13.2% during the 2024-2029 period.
- Published: December 2024
Chillers Market worth $15.42 billion by 2029

The report "Chillers Market by Type (Screw, Scroll, Centrifugal, Absorption, Reciprocating), Medium (Air Cooled, Water Cooled, Liquid Coolant), Capacity, End-Use Industry (Plastic, FnB, Chemical & Petrochemical, Medical And Pharmaceuticals) - Global Forecast to 2029", The Chillers Market Is Projected To Reach USD 15.42 billion by 2029 at a CAGR of 5.0% from USD 12.08 billion in 2024.
- Published: December 2024
Interventional Cardiology Devices Market worth $37.27 billion by 2029

The report "Interventional Cardiology Devices Market by Type (Stents, Structural Heart Devices, Angioplasty Balloons (Drug-Eluting), Angiography Catheters, Plaque Modification Devices (Thrombectomy Devices), Guidewires, Introducer Sheaths) - Global Forecast to 2029", is projected to reach USD 27.80 billion in 2024 and is projected to reach USD 37.27 billion by 2029, at a CAGR of 6.0% during the forecast period.
- Published: December 2024
Cancer Vaccines Market worth $15.00 billion in 2032

The report "Cancer Vaccines Market by Type (Preventive, Therapeutic [Neoantigen]), Technology (Cell-based Vaccine, Recombinant), Indication (Cervical, Prostate), ROA (Intramuscular, Intravenous), End User (Hospitals, Speciality Clinics) - Global Forecast to 2032", is estimated to expand to a value of USD 15.00 billion in 2032 from USD 9.84 billion in 2024, with a significant CAGR of 5.4%. Some of the prominent factors driving the market's growth are the increase in awareness and preventive healthcare measures and technological advancements in immunotherapy. Furthermore, the rise in investments in R&D of neoantigen cancer vaccines and an incline in cancer incidence globally are expected to provide lucrative market growth. Furthermore, promising clinical trial results from the products under clinical studies such as Tedopi, mRNA-4157, GLSI-100 is likely to uplift the market growth during the forecast period.
- Published: December 2024
Data Center Chip Industry worth $390.65 billion by 2030

The report "Data Center Chip Market by Offerings (GPU, CPU, FPGA, Trainium, Inferentia, T-head, Athena ASIC, MTIA, LPU, Memory (DRAM (HBM, DDR)), Network (NIC/Network Adapters, Interconnects)) – Global Forecast to 2030" The global data center chip industry is expected to grow from USD 206.96 billion in 2025 to USD 390.65 billion by 2030, growing at a CAGR of 13.5% from 2025 to 2030.
- Published: December 2024
Nuclear Power Market worth $44.71 billion by 2029

According to a research report "Nuclear Power Market by Plant Lifecycle Stage (EPC, Decommissioning, Operation & Maintenance), Type (Nuclear Power Plant, SMR), Application (Power Generation, Desalination, Industrial), Connectivity, Capacity, and Region - Global Forecast to 2029" published by MarketsandMarkets, the nuclear power market is forecasted to reach USD 44.71 billion by 2029 from an estimated USD 38.84 billion in 2024, at a CAGR of 2.9% during the forecast period (2024-2029).
- Published: December 2024
Small Satellite Market Growth in Saudi Arabia

Increasing government support, Vision 2030 space goals, and strategic partnerships with global entities to drive market growth

Support for the small satellite market in Saudi Arabia is developing quickly due to several strategic government initiatives and investments designed to advance Vision 2030's goals for the high-tech sector, including space exploration. These efforts have been mandated by the Saudi Space Commission, whose focus is developing indigenous satellite-manufacturing capabilities, thus establishing Saudi Arabia as the leader in the Middle East in space technology.
- Published: December 2024
Small Satellite Market Growth in Canada

The market is driven by growing advancements in satellite technology, reduced launch costs, and increasing demand for Earth observation and communication services.

The small satellite market for Canada is evolving dynamically, supported by significant investments by government and educational agencies to encourage innovations and technological developments. The Canadian Space Agency has been a core player in this regard, providing considerable funding for developing small satellite technologies. For instance, the Canadian Space Agency (CSA) awarded USD 15 million in funding to 25 companies for its Space Technology Development Program (STDP) for the development of guidance, navigation, and control technologies for small satellites. Canada's long-held lead in Earth observation, space robotics, space science and exploration, and satellite communications technologies has further given it the edge needed to generate global revenues and help the country resolve national issues.
- Published: December 2024
Space Propulsion Market Growth in Canada

Increasing governmental support, advanced research facilities, collaboration with leading space agencies, and a focus on innovative propulsion technologies to drive market growth

Canada is strategically pushing its space propulsion capabilities forward. Satellite technology and international collaboration projects are significant areas of focus. In recent times, Canadian companies have participated in North American satellite propulsion systems market, where companies such as Magellan Aerospace and MDA Ltd are producing high-technology parts. These companies enhance propulsion technology through innovations related to electric and chemical propulsion systems, securing contracts from global space agencies and further growing the country's high-tech sector.
- Published: December 2024
Space Propulsion Market Growth in Germany

Advancements in electric thrusters and sustainable propulsion technology initiatives to propel the market

The space propulsion market in Germany is advancing through advanced innovation driven by initiatives from the German Aerospace Center (DLR) and industry players like OHB SE and ArianeGroup. DLR is working on developing advanced electric propulsion systems such as ion and Hall-effect thrusters, focusing on increased efficiency for satellite and deep-space missions. ArianeGroup's progress on reusable rocket engines, particularly the Prometheus engine, reflects Germany's commitment to cost-effective and sustainable propulsion. Germany is heavily involved in European collaborations like the Horizon Europe program, which emphasizes green propulsion technologies. In 2023, the successful testing of the Helicon Plasma Thruster (HPT) was done, which will further support the small satellite constellations.
- Published: December 2024
Space Propulsion Market Growth in Saudi Arabia

To drive market growth, increasing collaborations with NASA and ESA, a focus on electric propulsion for small satellites, and indigenous system development by 2026 will be key.

A fast-growing space propulsion market in Saudi Arabia, driven by Space commission-Vision 2030, focuses on diversity through technology and innovation. In 2023, SSC signed several agreements with space leaders worldwide, such as NASA and the European Space Agency (ESA), for joint development of advanced propulsion systems. Partnerships with private entities such as Busek aim to develop electric and hybrid technologies for small satellites that are vital as building blocks for regional communication and Earth observation capabilities. There is also a growing involvement of research work within Saudi universities within thermal and chemical propulsion, with an appreciation, in particular, of issues related to desert-like conditions. Cooperation with its neighboring GCC countries would strengthen its positioning in regional space missions to induce satellite launch constellations by 2026, marking a decisive leap in its space capabilities.
- Published: December 2024
Weather Forecasting Systems Market Growth in UAE

Rise in the need to manage extreme temperatures, air quality, and sandstorms for aviation and urban planning

The development of weather forecasting systems in the UAE is driven by a number of great technological advancements, particularly with the setting up of advanced supercomputers. For instance, the forecasting capability of the UAE National Center for Meteorology (NCM) was boosted by a supercomputer called "Atmosphere” which greatly speeds up the process of weather forecasting and holds all the key functions required of our contemporary meteorology application by supporting the extremely large and data-intensive workloads for AI.
- Published: December 2024
Weather Forecasting Systems Market Growth in Italy

Increasing investment in AI and ML technologies and the need for accurate extreme weather predictions

Italy has been gradually building up its capability in weather forecasting by using artificial intelligence (AI) and machine learning (ML)- features in its system. In 2023, Italy continued its efforts to increase its utilization of AI to make the forecast even more accurate and effective. For instance, the European Centre for Medium-Range Weather Forecasts (ECMWF) was especially active as the institution passed on several projects geared toward making the use of AI increase in forecasting systems.
- Published: December 2024
Weather Forecasting Systems Market Growth in India

There is an increasing need of advanced systems to manage and mitigate the impacts of frequent and severe climate events, such as monsoons and cyclones

Artificial Intelligence, big data and machine learning are some of the structures through which India is developing for improved capacity of weather forecasting in the future. It aims at making weather forecasting more accurate for extreme weather events such as floods and droughts. This will be led at the front by the Indian Meteorological Department (IMD), which is testing AI-driven models promising more precise predictions as a cost-effective solutions option. These developments are especially critical in the context of India's massive population and its position as a significant agricultural producer.
- Published: December 2024
Unmanned Surface Vehicles Market Growth in Norway

Advancing Autonomous Maritime Operations in Norway

Norway’s focus on sustainable and efficient maritime operations has been a major driver for advancements in Unmanned Surface Vehicle (USV) technology. With one of the most extensive coastlines in Europe and a maritime economy that includes shipping, offshore energy, fisheries, and environmental monitoring, Norway is uniquely positioned to benefit from the capabilities of USVs. These vehicles enable efficient, cost-effective, and autonomous solutions for managing and safeguarding maritime resources, which are critical to the country’s economy and environmental commitments.
- Published: December 2024

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