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Bifacial Solar Market worth $37.6 billion by 2029

According to a research report "Bifacial Solar Market by Type (Dual-Glass, Glass-Backsheet), Frame Type (Framed, Frameless), Cell Technology (Passivated Emitter Rear Contact, Heterojunction, TOPCon), Application (Residential, Commercial & Industrial, Utilities) - Global Forecast to 2029" published by MarketsandMarkets, the global bifacial solar Market is projected to reach USD 37.6 billion by 2029 from an estimated USD 18.5 billion in 2024, at a CAGR of 15.2% during the forecast period.  The global bifacial solar market is anticipated to grow at a higher level. There are various drivers responsible for the growth of the market such as government policies and incentives and technological advancements among others. The rising global demand for energy, particularly from developing countries, pushes the need for increased bifacial solar panels exploration and production, subsequently driving the bifacial solar market.

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July 16, 2024

Carbonization Furnace Market worth $425 million by 2029

The report "Carbonization Furnace Market by Type (Countinous carbonization furnace), Feed Stock (Agricultural waste, Forestry Waste, Nutshell waste), Capacity (<1000 kg/h, 1000-2000 kg/h) Application (Charcoal, Wood Vinegar, Tar), Region - Global Forecast to 2029", size is projected to grow from USD 263 million in 2024 to USD 425 million by 2029, registering a CAGR of 10.1% during the forecast period. The carbonization furnace market is driven by several key factors, including increasing global focus on sustainability, technological advancements, expanding applications, economic incentives, and the emphasis on waste management and the circular economy.

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July 15, 2024

Penetration Testing as a Service Industry worth $301 million by 2029

According to a research report "Penetration Testing as a Service Market by Offering (Solution and Managed Services), Organization Size, Testing Types, Verticals (BFSI, Healthcare, IT & ITES, Telecommunications, Retail & E-Commerce, Manufacturing, Education) - Global Forecast to 2029" published by MarketsandMarkets, the global Penetration Testing as a Service (PTaaS) market size is projected to grow from USD 118 million in 2024 to USD 301 million by 2029 at a CAGR of 20.5% during the forecast period. The PTaaS market is primarily driven by increasing cyber threats and security breaches, regulatory and compliance requirements, digital transformation by adopting cloud services and IoT devices, and a shift towards remote work.

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July 15, 2024

Semi-Autonomous & Autonomous Trucks and Buses Market worth $179.9 billion by 2035

According to a research report "Semi-Autonomous & Autonomous Trucks and Buses Market by LoA (L1, L2/ L3, L4 & L5), Vehicle Type, Propulsion (Diesel, Electric, Hybrid), ADAS Features, Vehicle Class, Application, Sensor Type, and Region - Global Forecast to 2035" published by MarketsandMarkets, the Semi-autonomous & autonomous Trucks and Buses market size is projected to grow from USD 40.7 Billion in 2024 to USD 179.9 Billion by 2035, at a CAGR of 14.4%. The increasing demand for electric  and autonomous vehicle and government regulation regarding safety is expected to increase the demand for Semi-autonomous & autonomous Trucks and Buses. Additionally, continuos innovation in advance driving technologies and components will boost the demand for Semi-autonomous & autonomous Trucks and Buses.

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July 15, 2024

Digital Signage Industry worth $27.3 billion by 2029

The report "Digital Signage Market Size, Share & Industry Growth Analysis Report,by Product (Video Walls, Kiosks, Billboards, System-on-chip), Displays, Resolution (4K, 8K, FHD, HD), Software, Display Size, Application and Region - Global Forecast to 2029" The global digital signage market is projected to grow from USD 20.1 Billion in 2024 to USD 27.3 billion by 2029, registering a CAGR of 6.3% during the forecast period. The growth of the market can be attributed to the increasing adoption of digital signage in commercial applications such as retail & hospitality, surging demand for high resolution displays such as 4K & 8K displays, rising infrastructural developments in developing countries, and ongoing technological advancements in display sector.

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July 15, 2024

Border Security Industry worth $34.4 billion by 2029

The report "Border Security Market by Domain (Land, Maritime, Airborne), Vertical (Military, Homeland Security), System (Surveillance Systems, Detection Systems, Communication Systems, Command and Control Systems), Installation & Region – Global Forecast to 2029" The border security market is projected to reach USD 34.4 billion by 2029, from USD 26.8 billion in 2024, at a CAGR of 5.1% from 2024 to 2029. The market growth can be attributed to the rising geopolitical instability and growing adoption of new technologies for border security. The border security market includes major players Lockheed Martin Corporation (US), General Dynamics Corporation (US), Northrop Grumman (US), BAE Systems (UK), and Thales (France). These players have spread their business across various countries includes North America, Europe, Asia Pacific, and Middle East.

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July 15, 2024

Industrial Batteries Market worth $34.7 billion by 2029

The report "Industrial Batteries Market by Battery Type (Lead-acid, Lithium-ion), End-Use Industry (Stationary, Motive), and Region (North America, Asia Pacific, Europe, Middle East & Africa, South America) – Global Forecast to 2029", size is projected to grow from USD 21.2 billion in 2024 to USD 34.7 billion by 2029, at a CAGR of 10.3% during the forecast period. The market for industrial batteries is being driven by the growing need for grid energy storage solutions as a result of continuous grid modernization. The two most common renewable energy sources that are stored in networks are solar and wind energy. However, fluctuations in the process of energy creation are caused by clouds or wind currents that fluctuate. These variations make flexible grid systems—which are used to store energy—necessary. Industrial batteries are starting to play a crucial role in modernising the grid. When there is a surplus of power produced above what is needed, these solutions assist grid operators in conserving energy. Adoption of these technologies enhances the distribution, transmission, and production of electric power supply systems' flexibility and dependability.

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July 12, 2024

Blockchain Industry worth $248.9 billion by 2029

According to a research report "Blockchain Market by Component (Platforms, Services (Managed, Professional)), Provider, Type (Public, Private, Hybrid, Consortium), Deployment Mode (Cloud, On-Premises), Organization Size, Vertical and Region - Global Forecast to 2029" published by MarketsandMarkets, the global blockchain market size is projected to grow from USD 20.1 billion in 2024 to USD 248.9 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 65.5% during the forecast period. The integration of cloud-based solutions and advanced technologies like AI, ML, has propelled the rapid growth of blockchain adoption. Cloud-based blockchain solutions offer remote accessibility and cost reductions, while AI, ML, and integration are used for efficiency. These combined advancements in blockchain cater to organizations' demands for scalable, cost-effective, and efficient security solutions, driving significant expansion in the blockchain market.

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July 12, 2024

Green Ammonia Industry worth $6.2 billion by 2030

According to a research report "Green Ammonia Market by Technology (Alkaline Water Electrolysis (AWE), Proton Exchange Membrane (PEM), SOE), End-Use Application (Transportation, Power Generation, Industrial Feedstock (Industrial, Fertilizers)), Region - Global Forecast & Trends to 2030" published by MarketsandMarkets, the green ammonia market is expected to grow from USD 0.3 billion in 2024 to USD 6.2 billion by 2030, with a CAGR of 66.0% during the forecast period.  

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July 12, 2024

Small Caliber Ammunition Industry worth $7.0 billion by 2029

The report "Small Caliber Ammunition Market by Application (Military, Homeland Security), Caliber Type (9MM Parabellum, 5.56MM, 7.62MM, 12.7MM, 14.5MM, .338 LAPUA Magnum, .338 Norma Magnum), Bullet Type, Lethality and Region - Global Forecast to 2029" The market is valued at USD 5.7 billion in 2024 and is projected to reach USD 7.0 billion by 2029, at a CAGR of 4.3% from 2024 to 2029. The Small Caliber Ammunition market is driven by the increasing defense budget for the procurement of small arms ammunitions globally. There is increase in advancement for ammunition manufacturing and modernization of armed forces to enhance safety and effectiveness. Rising public safety concerns, particularly in regions experiencing high crime rates demands for more effective small caliber ammunition for police forces. Furthermore, the rising demand of small caliber ammunition due to the increasing geopolitical conflicts and terrorism activities are driving the market growth.

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July 12, 2024

Hydrogen Technology Testing, Inspection and Certification (TIC) Industry worth $9.2 billion by 2029

The report "Hydrogen Technology Testing, Inspection and Certification (TIC) Market by Process (Generation, Storage, Transportation/Distribution), Service Type (Testing, Inspection, Certification), Testing Type, Application and Region - Global Forecast to 2029" The global hydrogen technology TIC is valued at USD 4.1 billion in 2024 and is projected to reach USD 9.2 billion by 2029; it is expected to register a CAGR of 17.8% during the forecast period Several factors are driving the steady growth of the hydrogen technology TIC market. These include the rising demand for clean fuels, supportive government policies promoting decarbonization, expanding hydrogen infrastructure, growing risk management concerns, stricter regulations, and advancements in green hydrogen technologies.

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July 12, 2024

5G NTN Industry worth $31.7 billion by 2029

According to a research report "5G NTN Market by Offering (Hardware, Software, and Services), End-Use Industry (Maritime, Aerospace & Defense, Government, Mining), Application (EMBB, URLLC, MMTC), Location (Urban, Rural, Remote, Isolated), Platform and Region - Global Forecast to 2029" published by MarketsandMarkets, the 5G NTN market is expected to reach USD 31.7 billion by 2029 from USD 7.2 billion in 2024, at a Compound Annual Growth Rate (CAGR) of 34.7% during 2024–2029.

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July 11, 2024

Crane Rental Market worth $64.8 billion by 2029

The report "Crane Rental Market by Type (Mobile, Fixed), End-Use Industry (Building & Construction, Oil & Gas, Marine & Offshore, Mining & Excavation, Transportation), Weightlifting Capacity (Low, Low-Medium, Heavy, Extreme Heavy) & Region - Global Forecast to 2029", is projected to reach USD 64.8 billion by 2029, at a CAGR of 5.1% from USD 50.6 billion in 2024.

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July 11, 2024

Automotive Radar Market worth $33.6 billion by 2030

According to a research report "Automotive Radar Market by Range (Short Range, Medium Range and Long Range), Vehicle Type (PC, LCV, and HCV), Frequency (2X-GHz, and 7X-GHz), Propulsion (ICE and Electric), Application and Region - Global Forecast to 2030" published by MarketsandMarkets, The global automotive radar market is projected to grow from USD 6.6 billion in 2024 to USD 33.6 billion by 2030, registering a CAGR of 31.1%.

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July 11, 2024

Aircraft Cabin Interiors Industry worth $31.6 billion by 2029

The report "Aircraft Cabin Interiors Market by Type (Seating, IFEC, Cabin Lighting, Galleys, Lavatories, Windows & Windshields, Interior Panels), End User (OEM, MRO, Aftermarket), Platform, Material and Region - Global Forecast to 2029" The Aircraft Cabin Interiors Market is estimated to be USD 26.1 billion in 2024 and is projected to reach USD 31.6 billion by 2029 at a CAGR of 3.9 % from 2024 to 2029.The aviation industry is experiencing a rise in global air traffic leading to increase in demand for new aircraft. Aircraft manufacturers are focusing on developing lighter and more fuel-efficient aircraft which will cater to the customers preferance. Growth in the entertainment sector is leading to a higher demand for personalized content onboard. These are among some of the factors that are providing growth for the Aircraft Cabin Interiors Market.

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July 11, 2024

Building Information Modeling Industry worth $14.8 billion by 2029

The report "Building Information Modeling Market by Offering (Software, Services), Deployment Type (On-Premises), Project lifecycle (Pre construction), End User (AEC Professionals), Application (Planning & Modelling) and Region - Global Forecast to 2029" The Building Information Modeling Market is projected to reach from USD 8.0 billion in 2024 to USD 14.8 billion by 2029; it is expected to grow at a CAGR of 13.1% from 2024 to 2029. The increasing demand for BIM solutions is attributed to advanced sustainability with BIM and rapid rise in urbanization globally.

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July 11, 2024

Display Industry worth $173.7 billion by 2029

The report "Display Market by Display Technology, Resolution, Panel Size (Micro Display, Small and Medium-sized Panels, Large Panels), Panel Type (Fixed Panel, Flexible Panel), Dimension (2D, 3D), Product, Vertical and Region - Global Forecast to 2029" The display market is expected to reach USD 173.7 billion by 2029 from USD 135.2 billion in 2024, at a CAGR of 5.1 % during the 2024-2029 period. Various companies are investing in display which gives an opportunity for growth in the display market. The display market is continuously developing, with the presence of multiple players. Currently the Asia Pacific region is contributing significantly to the growth of the display market. Similarly, the Europe, North America and RoW regions are expected to be the growing market for the forecasted period.

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July 10, 2024

Hydrochloric Acid Market worth $3.0 billion by 2029

The report "Hydrochloric Acid Market by Grade (Synthetic, By-product), Application, End-use industry (Food & Beverage, Pharmaceutical, Textile, Steel, Oil & Gas, Chemical), Region (North America, Europe, APAC, MEA, South America), & Region - Global Forecast to 2029", is projected to grow from USD 2.2 billion in 2024 to USD 3.0 billion by 2029, at a CAGR of 6.5% during the forecast period. The growth of the hydrochloric acid market is driven by various small-scale applications, including household cleaning, construction, and leather processing. Additionally, hydrochloric acid is used to dissolve calcium carbonate, such as in descaling kettles and removing mortar from masonry. When applied to brickwork, the reaction between the acid and mortar continues until the acid is completely converted, resulting in calcium chloride, carbon dioxide, and water.

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July 10, 2024

Carbon Credit Validation, Verification, Certification Market worth $884 million by 2030

According to a research report "Carbon Credit Validation Verification and Certification Market by Type (Voluntary, Compliance), Service (Validation, Verification, Certification), End User (Energy & Utilities, Agriculture & Forestry, Industrial) & Region - Global Forecast to 2030" published by MarketsandMarkets, the market size for global carbon credit validation, verification, certification is projected to reach approximately USD 884 million by the year 2030, as compared to the estimated value of USD 226 million in 2024, at a Compound Annual Growth Rate (CAGR) of 25.5% over the forecast period. The global carbon credit validation, verification, and certification market is driven by several key factors. Governments worldwide are implementing stringent environmental regulations and carbon pricing mechanisms to curb greenhouse gas emissions. These policies, such as the European Union Emissions Trading System (EU ETS) and California's Cap-and-Trade Program, necessitate the validation, verification, and certification of carbon credits, ensuring that organizations meet their compliance obligations. Increasingly, corporations are adopting sustainability strategies to enhance their environmental credentials and meet stakeholder expectations. Companies are voluntarily purchasing carbon credits to offset their carbon footprints, driving demand for rigorous validation and verification processes to guarantee the credibility and impact of their investments in carbon reduction projects.

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July 10, 2024

Identity Security Posture Management (ISPM) Industry worth $33.1 billion by 2029

According to a research report "Identity Security Posture Management (ISPM) Market Size, Share, Growth Analysis, By Offering (Solutions, Services), Deployment Mode (On-premises, Cloud), Organization Size, Vertical and Region - Global Industry Forecast to 2029" published by MarketsandMarkets, the identity security posture management (ISPM) market size is projected to grow from USD 13.7 billion in 2024 to USD 33.1 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 19.3% during the forecast period. The key driver of ISPM is the growing complexity and interconnectedness of digital ecosystems. Trends such as the proliferation of IoT devices, the convergence of IT, and the increasing use of third-party vendors and partners create expanded attack surfaces and identity management challenges.

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July 10, 2024

AI Model Risk Management Industry worth $10.5 billion by 2029

According to a research report "AI Model Risk Management Market Size, Share, Growth Analysis, By Offering (Software Type and Services), Application (Fraud Detection & Risk Reduction, Regulatory Compliance Monitoring), Risk Type, Vertical, and Region - Global Industry Forecast to 2029" published by MarketsandMarkets, the AI Model Risk Management Market  is projected to grow from USD 5.7 billion in 2024 to USD 10.5 billion by 2029, at a compound annual growth rate (CAGR) of 12.9% during the forecast period. The AI Model Risk Management Market market is expected to grow significantly during the forecast period by increasing the need to establish robust security protocols, monitor compliance and respond effectively to emerging threats, the rising need to automate risk assessment for degraded manual errors, and the need to automate model lifecycle, improve efficiency and surge quality of the final production models.

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July 9, 2024

Sodium Hydroxide Market worth $55.6 billion by 2029

The report "Sodium Hydroxide Market by Grade (Solid, 50% Aqueous Solution), Production Process, Application (Biodiesel, Alumina, Inorganic Chemicals, Organic Chemicals, Food, Pulp & Paper, Soap & Detergent, Textiles, Water Treatment), Region - Global Forecast to 2029", size is projected to grow from USD  44.9 billion in 2024 and is projected to reach USD  55.6 billion by 2029, at a CAGR of 4.4%. The sodium hydroxide market is poised for substantial expansion due to the rising utilization and demand for alumina. Alumina is a key element derived from sodium hydroxide, finds widespread application in the construction sector, primarily due to its remarkable characteristics, including its exceptional durability, lightweight nature, and cost-efficient attributes. As the construction industry continues to seek materials that offer superior performance while maintaining economic viability, the demand for alumina is projected to increase, consequently driving growth in the sodium hydroxide market.

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July 9, 2024

Command and Control Systems Industry worth $44.7 billion by 2029

The report "Command and Control Systems Market by Platform (Land, Maritime, Airborne, Space and Cyber), Application (Military, Government and Civil & Commercial), Soutions (Hardware, Software and Services), System, Installation & Region - Global Forecast to 2029" The command and control systems market is projected to reach USD 44.7 billion by 2029, from USD 32.5 billion in 2024, at a CAGR of 6.6% during the forecast period. The market growth can be attributed to rising need for situational awareness to support decision-making. The command and control systems market includes major players L3Harris Technologies, Inc. (US), Thales (France), RTX Corporation (US), General Dynamics Corporation (US) and Lockheed Martin Corporation (US). These players have spread their business across various countries includes North America, Europe, Asia Pacific, and Middle East.

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July 9, 2024

Data Center Accelerator Industry worth $372.9 billion by 2029

The report "Data Center Accelerator Market by Processor (GPU, CPU, ASIC, FPGA), Type (Cloud Data Center, HPC Data Center), Application (Deep Learning Training, Enterprise Inference), End-user (IT & Telecom, Healthcare, Energy) and Region - Global Forecast to 2029" The global data center accelerator market was valued at USD 109.9 billion in 2024 and is projected to reach USD 372.9 billion by 2029; it is expected to register a CAGR of 27.7% during the forecast period. Growing demand for cloud-based services, rising focus on parallel computing in AI data centers, and surging adoption of deep learning technology in big data analytics are attributed to the demand of data center accelerators.

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July 9, 2024

Ethylene Carbonate Market worth $1.5 billion by 2029

The report "Ethylene Carbonate Market by Application (Lubricants, Lithium Battery Electrolyte, Plasticizers, Surface Coatings), End-Use Industry (Automotive, Oil & Gas, Industrial, Medical, Personal Care & Hygiene), and Region - Global Forecast to 2029", size is expected to grow from USD 0.8 billion in 2024 to USD 1.5 billion by 2029, at a CAGR of 14.4%, during the forecast period. Key drivers of the ethylene carbonate industry are rising demand across the Asia Pacific region and expanding usage in diverse applications such as lithium battery electrolytes, lubricants, coatings, and plasticizers.

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July 8, 2024

Future of SUV Market worth 53 million units by 2030

According to a research report "Future Of SUV Market by Type (Sub-Compact, Compact, Mid-size, Full-size and MPV), Propulsion (Internal Combustion Engine, Hybrid and Electric Vehicles) and Region (North America,Europe and Asia-Pacific) - Global Forecast 2030" published by MarketsandMarkets, the SUV market is projected to reach 53 million units by 2030 from 41 million units in 2024, at a CAGR of 4.4%.

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July 8, 2024

Cloud FinOps Industry worth $23.3 billion by 2029

According to a research report "Cloud FinOps Market Size, Share, Growth Analysis, By Offering (Solutions (Native, Third-party), Services), Application (Cost Management & Optimization, Cost Allocation & Chargeback), Service Model, and Deployment Model - Global Industry Forecast to 2029" published by MarketsandMarkets, the global cloud FinOps market will grow from USD 13.5 billion in 2024 to USD 23.3 billion by 2029 at a compounded annual growth rate (CAGR) of 11.4% during the forecast period. Cloud FinOps solutions are critical for small industries to deal with the overall and optimal management of expenses within the cloud environment. The cost of the cloud is perhaps one of the most critical ways small businesses can control their expenditure as it goes straight to their profit and loss account. Cloud FinOps tools enable customers to monitor usage and understand trends, find and prevent waste, and receive recommendations for improvements unique to their business. This allows small businesses to deploy resources wisely, develop facilities that meet the demands, and avert situations where the company is charged more than it can afford.

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July 8, 2024

Embedded Finance Industry worth $251.5 billion by 2029

According to a research report "Embedded Finance Market Size, Share, Growth Analysis, By Type (embedded payments, embedded lending, embedded insurance, embedded wealth management), Business Model, Industry (retail & eCommerce, healthcare) - Global Forecast to 2029" published by MarketsandMarkets, the embedded finance market is expected to reach USD 251.5 billion by 2029 from USD 115.8 billion in 2024, at a Compound Annual Growth Rate (CAGR) of 16.8% during the forecast period.

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July 5, 2024

Robotic Platform Industry worth $13.0 billion by 2029

The report "Robotic Platform Market by Robot (Industrial Robot, Service Robot), Deployment (On-premises, On-Cloud), Type (Mobile, Stationary/Fixed), End-user Industry (Manufacturing, Residential, Logistic & Transportation) and Region - Global Forecast to 2029" The Robotic platform market is projected to grow from USD 9.8 billion in 2024 and is estimated to reach USD 13.0 billion by 2029; it is projected to grow at a Compound Annual Growth Rate (CAGR) of 5.9% from 2024 to 2030. The growth of the Robotic platform market is driven by increasing government investments in Robotics Research & Development, Accelerated adoption of robotic software by SMEs to minimize labor and energy expenses, Increasing adoption of cloud-based robotic software solutions, Adoption of service robots in medical applications; Adoption of Autonomous Mobile Robots (AMRs) in warehouse and logistics sectors.

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July 5, 2024

Drone Package Delivery Industry worth $4,666 million by 2030

The report "Drone Package Delivery Market by Solution (Platform, Infrastructure, Software, Service), Type, Range (Short (<25 km), Medium (25–50 km), Long (>50 km)), Package Size, Duration, End Use, Operation Mode - Global Forecast to 2030" The market is valued at USD 693 million in 2024 and is projected to reach USD 4,666 million by 2030, at a CAGR of 37.4% from 2024 to 2030. The drone package delivery market is driven by the growing need for quick, instant, same day delivery, and emergency supplies. The drones offer a cost-effective delivery solution as compared to traditional ground-based delivery methods, especially for last-mile deliveries. The UAV-based delivery reduces the need for large delivery vehicles, which in turn lowers traffic congestion and decreases greenhouse gas emissions. Furthermore, the enhancements in regulatory frameworks to support drone packge delivery by focusing on reducing carbon emissions are also driving the market growth.

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July 5, 2024

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