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Underwater Warfare Industry worth $5.7 billion by 2028

The report "Underwater Warfare Market by Systems (Sonar, Electronic Warfare, Weapons, Communications, Unmanned), Platform (Submarine, Surface Ship, Naval Helicopter), Capability (Attack, Protect, Support) and Region - Global Forecast to 2028" The market is valued at USD 3.7 billion in 2023 and is projected to reach USD 5.7 billion by 2028, at a CAGR of 9.0% from 2023 to 2028. The Underwater Warfare market is driven by the increasing demand for undersea warfare systems due to rising disputes over offshore resources, trade routes, and maritime borders.  Governments are actively strengthening their maritime bases to maintain underwater security by developing advanced undersea warfare technologies. The underwater warfare market growth is driven by technological advancements, including the integration of unmanned naval systems, stealth submarines, uncrewed vehicles, and enhanced sonar detection ranges.

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February 19, 2024

Translation Management Systems Industry worth $5.7 billion by 2030

According to a research report "Translation Management Systems Market by Offering (Software (Localization, Terminology Management), Services), Content Type (Audio, Video, Text), Application (Project Management, Billing & Invoice Analysis), Vertical and Region - Global Forecast to 2030" published by MarketsandMarkets, the translation management systems market is set to experience rapid growth, projected to surge from USD 2.2 billion in 2024 to USD 5.7 billion by 2030, at a CAGR of 17.2% during the forecast period of 2024–2030. the proliferation of digital content across various platforms such as websites, mobile apps, social media, and e-commerce platforms and advancements in natural language processing (NLP), machine learning, and artificial intelligence (AI) are driving forces propelling the translation management systems market forward. Translation management systems leverage these technologies to automate translation workflows, improve translation quality, and reduce turnaround times.

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February 19, 2024

Agricultural Lubricant Market worth $7.7 billion by 2028

The report "Agricultural Lubricant Market by Product Type (Engine Oil, UTTO, Coolant, Grease), Category (Mineral Oil-Based Lubricants, Synthetic Oil-Based Lubricants, Bio-Based), Sales Channel (Oems And Aftermarket), and Region - Global Forecast to 2028", is projected to grow from USD 6.3 billion in 2023 to USD 7.7  billion by 2028, at a CAGR of 3.9 % during the forecast period. High demand from the increasing adoption of modern farming techniques and equipment is expected to drive the Agricultural lubricant market.

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February 19, 2024

Industrial Metrology Industry worth $20.6 billion by 2029

The report "Industrial Metrology Market by Offering (Hardware, Software, Services), Equipment (CMM, ODS, X-ray, CT), Application, End-User Industry (Aerospace & Defense, Automotive, Manufacturing, Semiconductor) and Region - Global Forecast to 2029" The global industrial metrology market was valued at USD 14.9 billion in 2024 and is projected to reach USD 20.6 billion by 2029, registering a CAGR of 6.7% during the forecast period. The industrial metrology market is primarily driven by the increasing demand for quality and inspection equipment in the precision manufacturing industry. There is a growing focus on manufacturing superior- and uniform-quality products, which necessitates the use of advanced metrology solutions for precise measurement and inspection. Additionally, the surging demand for big data analytics is contributing to the growth of the industrial metrology market as manufacturers seek to leverage data-driven insights for process optimization and quality control.

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February 19, 2024

Wearable Healthcare Devices Market worth $69.2 billion by 2028

The report "Wearable Healthcare Devices Market by Product (Trackers, Smartwatch, Patches), Type (Diagnostic (Vital Sign, ECG, Glucose), Therapeutic (Pain, Insulin)), Grade (Consumer, Clinical), Channel (Online, Pharmacies), Application (RPM) - Global Forecast to 2028", is valued at an estimated USD 40.7 billion in 2023 and is projected to reach USD 69.2 billion by 2028 at a CAGR of 11.2% during the forecast period.

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February 19, 2024

Real World Evidence Solutions Market worth $4.5 billion by 2029

The report "Real World Evidence Solutions Market by Component (Services, Disparate Data Sets (Clinical), Application (Drug and Medical Device Development and Approvals), Mode of Deployment, Revenue Model, End Users, & Region, Business Model - Global Forecast to 2029", is projected to reach USD 4.5 billion by 2029 from USD 2.0 billion in 2024, at a CAGR of 16.5%.

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February 16, 2024

Smart Cities Industry worth $1,114.4 billion by 2028

According to a research report "Smart Cities Market by Focus Area, Smart Transportation, Smart Buildings, Smart Utilities, Smart Citizen Services (Public Safety, Smart Healthcare, Smart Education, Smart Street Lighting, and E-Governance) and Region - Global Forecast to 2028" published by MarketsandMarkets, the smart cities market is expected to reach USD 1,114.4 billion by 2028 from USD 549.1 billion in 2023, at a CAGR of 15.2 % during 2023–2028.

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February 16, 2024

Mid and High-Level Precision GPS Receiver Industry worth $5.2 billion by 2029

The report "Mid and High-Level Precision GPS Receiver Market by Type (Differential Grade, Survey Grade), Functional Deployment (Navigation, Surveying and Mapping), Frequency Type (Single, Dual, Triple), End-user Industry and Region - Global Forecast to 2029" The global mid and high-level precision GPS receiver market is expected to be valued at USD 3.4 billion in 2024 and is projected to reach USD 5.2 billion by 2029; it is expected to grow at a CAGR of 8.8% from 2024 to 2029. The growth of the mid and high-level precision GPS receiver market is propelled by rising urban developments in emerging economies, growing awareness towards precision agriculture, and automation in various industries. However, security concerns in critical applications and slow acceptance of new technologies restrain the market's growth.

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February 16, 2024

Future of CV Depot Charging Market worth $30.7 billion in 2030

According to a research report "Future of CV Depot Charging Market by Vehicle Type (eLCV, eMCV, eHCV and eBuses), Charger Type (AC and DC), and Region (Asia Pacific, North America, Europe) - Global Forecast to 2030" published by MarketsandMarkets, the CV depot charging market size for chargers of new vehicles was USD 4.7 billion in 2023 and is projected to reach USD 30.7 billion in 2030, witnessing a CAGR of 28.2% from 2024 to 2030. The report also includes the analysis of number of chargers for new vehicles in depot setting, number of chargers for ECV parc in depot setting, cost of chargers (including installation cost) for new vehicles in depot setting, energy demands and cost of energy.

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February 16, 2024

Reticulated Foam Market worth $683 million by 2028

The report "Reticulated Foam Market by Type (Reticulated Polyether Foam And Reticulated Polyester Foam ), Porosity (High, Moderate, Less), Application (Filtration, Sound Absorption, Fluid Management, Cleaning Products, Others), and Region - Global Forecast to 2028", size is projected to grow from USD 506 million in 2023 and reach USD 683 million by 2028, at a CAGR of 6.2% from 2023 to 2028. The growing focus on air quality in various industries, including automotive, healthcare, and electronics, is a key driver for the reticulated foam market.

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February 16, 2024

Future of Airport Industry Outlook worth $2,404 billion in 2040

According to a research report, "Future of Airport Industry to 2030" published by MarketsandMarkets: Global Airport investment is estimated to reach USD 2,404 billion in 2040 from USD 200 billion in 2021, at a CAGR of 14.4%. The airport industry's significant regional investments reflect a broader global trend toward expanding and upgrading airport infrastructure. This trend is driven by anticipated growth in passenger traffic, the strategic importance of these regions as international transit hubs, and the recognition of airport infrastructure as a critical component of broader economic development and tourism strategies.

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February 15, 2024

Recycling Water Filtration Industry worth $3.8 billion by 2028

According to a research report "Recycling Water Filtration Market by Product Type (Sand, Multimedia, Activated Carbon, Membrane Filters), Membrane Type (Reverse Osmosis, Ultrafiltration, Microfiltration, Nanofiltration), Maximum Flow Rate, End User and Region - Global Forecast to 2028" published by MarketsandMarkets, Recycling water filtration market is projected to reach USD 3.8 billion by 2028 from an estimated USD 2.7 billion in 2023, at a CAGR of 7.5% during the forecast period.

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February 15, 2024

Brine Concentration Minerals Market worth $1.7 billion by 2029

The report "Brine Concentration Minerals Market by Type (Sodium derivatives, Magnesium derivatives, Calcium derivatives, Potassium dereivatives), Technology (Solar evaporation, NF-RO-MF, Osmotically assisted RO), Application, and Region - Global Forecast to 2029", is USD 1.1 billion in 2024 and is projected to reach USD 1.7 billion by 2029, at a CAGR of 8.1% from USD 1.1 billion in 2024.

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February 15, 2024

Hernia Repair Market worth $5.1 billion by 2029

The report "Hernia Repair Market by Product (Mesh (Synthetic, Biologic), Suture (Absorbable, Non-Absorbable), Tack, Glue Applicator), Indication (Inguinal, Incisional, Umbilical, Epigastric, Femoral, Hiatal), Surgery, End-user - Global Forecast to 2029", size is expected to grow from an estimated USD 4.1 billion in 2024 to USD 5.1 billion by 2029, at a CAGR of 4.2%. Factors such as increasing hernia prevalence, rising geriatric population, technological advancement, increasing adoption of mesh in hernia repair surgeries, new product development, effectiveness of mesh repair and efficient reimbursement system are high growth prospects for the hernia repair market during the forecast period.

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February 15, 2024

NDT and Inspection Industry worth $18.4 billion by 2029

The report "NDT and Inspection Market by Technique (Ultrasonic Testing, Visual, Magnetic Particle, Liquid Penetration, Eddy-Current, Radiographic, Acoustic Emission), Service, Method, Vertical, Application and Region - Global Forecast to 2029" The NDT and inspection market is expected to reach USD 18.4 billion by 2029 from 11.6 billion in 2024, at a CAGR of 9.6% during the 2024-2029 period. Various companies are investing in NDT and Inspection which gives an opportunity for growth in the NDT and Inspection market. The NDT and Inspection market is continuously developing, with the presence of multiple players. North America is likely to contribute significantly to the growth of the NDT and Inspection market. Similarly, the Asia Pacific, Europe, and RoW regions are expected to be the growing market for the forecasted period.

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February 15, 2024

Cloud Migration Services Industry worth $29.2 billion by 2028

According to a research report "Cloud Migration Services Market by Offering (Service Type (Assessment & Planning, Managed Cloud), Deployment Mode), Application (SCM, BI & Analytics), Migration Type (Infrastructure, Data Migration), Vertical and Region - Global Forecast to 2028" published by MarketsandMarkets, the cloud migration services market is projected to grow from USD 10.2 billion in 2023 to USD 29.2 billion by 2028, at a compound annual growth rate (CAGR) of 23.3% during the forecast period. The cloud migration services market is expected to grow significantly during the forecast period, owing to numerous business drivers such as rising demand for better agility and automation, and seamless integration and compatibility of enterprises with the evolving landscape of cloud technology.

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February 15, 2024

LED Packaging Industry worth $19.4 billion by 2029

The report "LED Packaging Market by Package Type (SMD, COB, CSP), Power Range (Low-&Mid-Power LED Packages, High-Power LED Packages), Wavelength (Visible & Infrared, Deep UV), Packaging Component (Equipment, Material), Application & Region - Global Forecast to 2029" The LED Packaging Market is expected to reach USD 19.4 billion by 2029 from USD 16.0 billion in 2024, at a CAGR of 3.9% during the 2024–2029 period.The major factors driving the growth of the LED packaging equipment market include the growing adoption in automotive lighting solutions and the surging prices of packaged LEDs. Additionally, the ongoing developments towards advanced LED packaging technologies are expected to create growth opportunities for the LED packaging market in the future.

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February 14, 2024

Managed Security Services Industry worth $52.9 billion by 2028

According to a research report "Managed Security Services Market by Service Type (Managed IAM, MDR, Managed SIEM, Log Management), Type (Fully Managed & Co-managed), Security Type (Network, Cloud, Endpoint, Application), Organization Size, Vertical, & Region - Global Forecast to 2028" published by MarketsandMarkets, the global MSS market size is expected to grow from USD 30.6 billion in 2023 to USD 52.9 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 11.5% during the forecast period. The escalation of cyberattacks and sophisticated breaches across enterprises are driving organizations to seek expert help in navigating the complex and ever-evolving threat landscape. Also, the stringent government regulations are demanding robust data security further driving the global managed security services market.

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February 14, 2024

Epoxidized Soybean Oil Market worth $648 million by 2028

The report "Epoxidized Soybean Oil Market by Raw Material (Soybean Oil, Hydrogen Peroxide), Application (Plasticizers, UV Cure Applications, Fuel Additives), End-use Application (Foods & Beverages, Adhesives & Sealants, Automotives) - Global Forecast to 2028", is projected to grow from USD 494 million in 2023 to USD 648 million by 2028, at a CAGR of 5.6% during the forecast period

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February 14, 2024

Pharmacogenomics Market worth $5.8 billion by 2028

The report "Pharmacogenomics Market by Product & Service (Kits & Reagents), Technology (Sequencing, PCR, Microarray), Application(Drug Discovery, Clinical Research, Personalized Medicine), Disease Area (Cancer, Neurological, Cardiovascular) - Global Forecast to 2028", is projected to reach USD 5.8 billion by 2028 from an estimated USD 3.5 billion in 2023, at a CAGR of 10.6% during the forecast period. The increasing focus on the translational approach to optimize drug development processes, increasing collaborations and partnerships between key players and research institutes, and rising incidence of cancer are the major driving factors of the pharmacogenomics market. However, concern regarding drug response variability, and challenges in data integration and interpretation are the major restraining factors of the pharmacogenomics market.

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February 14, 2024

Satellite Data Services Industry worth $20.9 billion by 2028

According to a research report "Satellite Data Services Market by Vertical (Engineering & Infrastructure, Defense & Security, Agriculture), End-Use (Government & Military, Commercial), Service (Image Data, Data Analytics), Deployment and Region - Global Forecast to 2028" The Satellite Data Services Market is valued at USD 9.3  billion in 2023 and is projected to reach USD 20.9 billion by 2028, at a CAGR of 17.5% from 2023 to 2028. The satellite data services market encompasses the provision of geospatial information and imagery through satellite-based platforms.

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February 14, 2024

Industrial Gases Market worth $137.9 billion by 2028

The report "Industrial Gases Market by Type (Oxygen, Nitrogen, Hydrogen, Carbon Dioxide, Acetylene, Inert Gases), End-use Industry (Chemicals, Electronics, Food & Beverages, Healthcare, Manufacturing, Metallurgy, and Refining), and Region - Global Forecast to 2028", is projected to grow from USD 105.6 billion in 2023 to USD  137.9 billion by 2028 at a CAGR of 5.5%.

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February 13, 2024

Medical Nitrous Oxide Market worth $2.8 billion by 2029

The report "Medical Nitrous Oxide Market by Product (Gas, Liquid), Application (Anaesthesia, Pain, Cryosurgery, Surgical Insufflation), End User (Hospital, Home healthcare, Academic, Research Institution), Key Stakeholder & Buying Criteria - Global Forecast to 2029", size is estimated to be USD 2.8 billion by 2029 from USD 1.8 billion in 2023, at a CAGR of 6.6%. Factors propelling the medical nitrous oxid market include the advancements in healthcare infrastructure, increase in number of surgical procedures continues to rise globally, the demand for anesthesia gases, including nitrous oxide, is expected to increase, and demand for non-invasive pain management.

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February 13, 2024

Organic Peroxide Market worth $2.6 billion by 2030

The report "Organic Peroxide Market by Type (Diacyl, Ketone, Percarbonate, Dialkyl, Hydroperoxides, Peroxyketal, Peroxyester), Application (Chemicals & Plastics, Coatings, Adhesives & Elastomers, Paper & Textiles, Detergents), and Region - Global Forecast to 2030", size is projected to grow from USD 1.9 billion in 2023 to USD 2.6 billion by 2030, at a CAGR of 4.2% from 2023 to 2030.

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February 13, 2024

Access Control Industry worth $15.2 billion by 2029

The report "Access Control Market by Offering (Hardware-Card-based, Biometric, & Multi-technology Readers, Electronics Locks, Controllers; Software; Services), ACaaS (Hosted, Managed, Hybrid), Vertical and Region - Global Forecast to 2029" The access control market is projected to grow from USD 10.4 billion in 2024 and is expected to reach USD 15.2 billion by 2029, growing at a CAGR of 7.8% from 2024 to 2029. Access control systems provide improved operational efficiency and cost savings as it streamlines access management processes, reducing administrative workload and manual tasks. It also provides enhanced security and minimizes losses from theft or data breaches, leading to cost savings in the long run.

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February 13, 2024

Fleet Management Industry worth $55.6 billion by 2028

According to a research report "Fleet Management Market by Component (Services, Solutions (Operation Management, Vehicle Maintenance & Diagnostics, Performance Management)), Fleet Type (Commercial Fleets, Passenger Vehicles), Vertical and Region - Global Forecast to 2028" published by MarketsandMarkets, the fleet management market is expected to reach USD 55.6 billion by 2028 from USD 28.6 billion in 2023, at a Compound Annual Growth Rate (CAGR) of 14.2% during 2023–2028.  The fleet management industry is driven primarily by the increasing prevalence of automation technology. Companies are progressively incorporating automation into a broader range of operational aspects, particularly fleet management systems for maintenance reminders, dispatching, and route planning. Human resources are freed up by this adoption to concentrate on more strategically important work. The sector is seeing a transition towards automated processes, and automated fleet management jobs' increased efficiency, lower operating overhead, and better decision-making capabilities are significant factors driving the market's expansion.

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February 13, 2024

Semiconductor Intellectual Property (IP) Industry worth $11.2 billion by 2029

The report "Semiconductor Intellectual Property (IP) Market by Design IP (Processor IP, Memory IP, Interface IP), IP Source (Royalty, Licensing), IP Core (Hard IP, Soft IP), Interface Type, End User, Vertical and Region - Global Forecast to 2029" The semiconductor intellectual property (IP) market was valued at USD 7.5 billion in 2024 and is projected to reach USD 11.2 billion by 2029; it is expected to grow at a CAGR of 8.5% from 2024 to 2029. Advancements in multicore technology for consumer electronics, increasing demand for modern System-on-chip (SoC) designs, and decline in cost associated with chip designing are some of the key drivers driving the growth of semiconductor intellectual property (IP) market.

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February 13, 2024

Transfection Technologies Market worth $1.8 billion by 2028

The report "Transfection Technologies Market by Product (Kits, Equipment), Method (Physical (Electroporation, Microinjection), Biochemical (Lipofection, Calcium Phosphate), Viral), Application (Biomedical Research, Therapeutic Delivery) - Global Forecast to 2028 ", is projected to reach USD 1.8 billion by 2028 from an estimated USD 1.2 billion in 2023, at a CAGR of 9.4% during the forecast period. Increasing demand for advanced therapies owing to the rising prevalence of chronic diseases, along with the increasing R&D expenditure for drug discovery and development, is also aiding the adoption of transfection technologies. However, limited transfection efficiency and stringent regulatory standards are the major restraints to market growth.

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February 12, 2024

Automotive Fuel Cell Market worth $2.1 billion by 2030

According to a research report "Automotive Fuel Cell Market by Vehicle Type (Buses, Trucks, LCVs, Passenger Cars), Component, Fuel Type, Hydrogen Fuel Points, Operating Miles, Power, Capacity, Specialized Vehicle Type and Region - Global Forecast to 2030" published by MarketsandMarkets, the global automotive fuel cell market is projected to grow from USD 0.2 billion in 2024 to USD 2.1  billion by 2030, at a CAGR of 48.0%.

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February 12, 2024

Electronic Filtration Market worth $6.0 billion by 2028

The report "Electronic Filtration Market by Type (Gas Filter, Liquid Filter, Air Filter), Filter Material, Filtration Technologies, Application, End-use Industry (Consumer Electronics, Industrial Electronics, Semiconductors), and Region - Global Forecast to 2028", size is projected to reach USD 6.0 billion by 2028 from USD 4.0 billion in 2023, at a CAGR of 8.5% during the forecast period. The major drivers for the electronic filtration market are the growing demand for semiconductors in various end-use industries, increasing demand for ultra-pure water in microelectronics, and enhanced cleanroom environments in semiconductors and microelectronics production. High costs associated with advanced filtrations, and the disposal of waste generated through the filtration process are considered restraining factors in this market. Whereas the usage of nanocomposite membranes, and the growth of data centers and cloud computing services act as opportunities in the market.

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February 12, 2024

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