HomePress Releases

Press Releases


Title Date

Battery Separators Market worth $13.0 billion by 2028

The report "Battery Separators Market by Battery Type (Lead Acid and Li-ion), Material (Polyethylene and Polypropylene), Technology (Dry and Wet), End-Use (Automotive, Consumer Electronics, Industrial), and Region - Global Forecast to 2028", is projected to grow from USD 6.3 billion in 2023 to USD 13.0  billion by 2028, at a CAGR of 15.7% during the forecast period. High demand from the automotive and consumer electronic sector is expected to drive the battery separators market.

...... Read More
January 26, 2024

Automotive V2X Market worth $9.5 billion by 2030

According to a research report "Automotive V2X Market by Connectivity (DSRC, and C-V2X), Communication (V2V, V2I, V2P, V2G, V2C), Vehicle Type (Passenger Cars & Commercial Vehicles), Propulsion, Offering (Hardware and Software), Unit, Technology and Region - Global Forecast to 2030" published by MarketsandMarkets, the global automotive V2X market is projected to grow from USD 0.5 billion in 2023 to USD 9.5 billion by 2030, at a CAGR of 51.9%.

...... Read More
January 25, 2024

Spinal Implants Market worth $14.3 billion by 2028

The report "Spinal Implants Market by Product (Devices (Thoracic, Cervical, Interbody Fusion, Spinal Non-Fusion), Biologics, Stimulators), Application (VCF, Spinal Decompression, Fusion, Non-Fusion), Surgery (Open, MIS), Region & Customer Unmet Need Forecast to 2028", is projected to reach USD 14.3 billion by 2028 from USD 11.2 billion in 2023, growing at a CAGR of 5.0% during the forecast period. The expansion of the spinal implants market is propelled by several synergistic factors, including increasing demand for minimally invasive surgical procedures, escalating spinal disorder prevalence, rising geriatric patient population, growing public-private investments to support for the clinical research and the presence of key market players in developing regions.

...... Read More
January 25, 2024

LiDAR Industry worth $3.7 billion by 2029

The report "LiDAR Market by Component (Laser Scanners, Navigation and Positioning Systems, Other Components), Installation (Airborne, Ground-based), Type (Mechanical, Solid-state), Range (Short, Medium, Long), Service, Region - Global Forecast to 2029" The LiDAR market is projected to grow from USD 1.6 billion in 2024 to reach USD 3.7 billion by 2029; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 18.2% from 2024 to 2029.The growth of the LiDAR market is driven by surge in the demand for 3D imagery in application areas, rise in the development of smart cities and infrastructure projects, emergence of 4D LiDAR, rising adoption of LiDAR systems in UAVs.

...... Read More
January 25, 2024

Social Media Analytics Market worth $14.6 billion by 2028

According to a research report "Social Media Analytics Market by Offering (Solution and Services), Analytics Type, Business Function (Marketing, Sales and Lead Generation, Finance, Customer Service, Human Resource, Operations), Vertical and Region - Global Forecast to 2028" published by MarketsandMarkets, the global market for Social Media Analytics is projected to grow from USD 4.8 billion in 2023 to USD 14.6 billion by 2028, at a CAGR of 24.9% during the forecast period. The social media analytics market is expanding due to the increasing usage of social media, higher smartphone penetration, and other developments in digital technology. The market growth is further boosted by the impact of technologies such as natural language processing, artificial intelligence, machine learning, and augmented reality. Social media analytics enables businesses to maximize the impact of their social media marketing efforts. Future trends that will shape the landscape of social media analytics include artificial intelligence and machine learning

...... Read More
January 25, 2024

Bottled Water Processing Market worth $466.55 billion by 2028

According to a research report "Bottled Water Processing Market by Product Type (Still Water and Sparkling Water), Packaging Material, Technology (Ion Exchange & Demineralization, Disinfection, Filtration, and Packaging), Equipment and Region - Global Forecast to 2028" published by MarketsandMarkets, the bottled water processing market comprises the bottled water market and the bottled water equipment market. The bottled water market is projected to reach USD  457.1 billion by 2028 from USD  311.1 billion by 2023, at a CAGR of 8.0% during the forecast period in terms of value.

...... Read More
January 25, 2024

Polyethylene Furanoate (PEF) Market worth $28 million by 2028

The report "Polyethylene Furanoate (PEF) Market by Source (Plant Based, Bio Based), Grade, Application (Bottles, Films, Fibers, Molded), End-Use Industry (Packaging, Fiber & Textiles, Electronics & Electrical, Pharmaceuticals), & Region - Global Forecast to 2028 ",is projected to reach USD 28 million by 2028, at a CAGR of 8.1 % from USD 19 million in 2023.

...... Read More
January 25, 2024

Pet Food Ingredients Industry worth $47.4 billion by 2028

According to a research report "Pet Food Ingredients Market by Ingredient (Meat & Meat Products Cereals, Vegetables & Fruits Fats, and Additives), Source (Animal-Based, Plant Derivatives, and Synthetic), Pet (Dogs, Cats, and Fish), Form, and Region - Global Forecast to 2028" published by MarketsandMarkets, the global market for pet food ingredients is estimated at USD 34.2 billion in 2023 and is projected to reach USD 47.4 billion by 2028, at a CAGR of 6.8% during the forecast period. The global pet food ingredients market has witnessed remarkable growth in recent years, driven by advancements in pet nutrition research that have spurred the development of specialty components that cater to specific nutritional requirements, hence contributing to the market's growth. The industry's dynamic character reflects evolving pet ownership trends, with more individuals choosing pets and demanding premium, personalized nutrition solutions for their furry companions. Overall, the pet food ingredients sector is seeing strong growth, owing to a combination of changing customer preferences, improved awareness of pet health, and the continued trend of humanizing pets.

...... Read More
January 24, 2024

Heat Pump Water Heater Market worth $10.2 billion by 2028

According to a research report "Heat Pump Water Heater Market by Type (Air-to-Air, Air-to-Water, Water Source, Geothermal, Hybrid), Storage Tank (Up to 500 L, 500-1,000 L, Above 1,000 L), Refrigerant Type (R410A, R407C, R744), Rated Capacity, End User Region - Global Forecast to 2028" published by MarketsandMarkets, the global heat pump water heater market is projected to reach USD 10.2 billion by 2028 from an estimated USD 5.2 billion in 2023, at a CAGR of  14.4% during the forecast period. Governments worldwide are enacting policies and initiatives to encourage the uptake of energy-efficient technologies like heat pump water heaters. These regulations and incentives for leveraging renewable energy sources across various applications are pivotal in propelling the expansion of the heat pump water heater market. Furthermore, consumers benefit from federal tax credits and regional utility-driven incentives, such as rebates, fostering a heightened adoption of heat pump water heaters. The amalgamation of these systems with renewable energy contributes to their increased demand, aligning with global efforts to diminish reliance on fossil fuels and minimize carbon footprints. A noteworthy catalyst for market growth is the integration of Internet of Things (IoT) technology in heat pump water heaters. This innovation facilitates remote control and monitoring, empowering users to detect anomalies and mitigate system failures.

...... Read More
January 24, 2024

Interactive Kiosk Industry worth $48.8 billion by 2029

The report "Interactive Kiosk Market by Offering (Hardware, Software & Services), Type (Banking, Self-service, Vending), Location (Indoor, Outdoor), Panel Size, Vertical (Retail, Transportation, Hospitality) and Region - Global Forecast to 2029" The global interactive kiosk market was valued at USD 31.8 billion in 2023 and is projected to reach USD 48.8 billion by 2029; it is expected to register a CAGR of 8.9% during the forecast period. The rise in demand for interactive kiosk systems is attributed to the rising demand for self-service in banking and financial services, enhanced applications over conventional services, and enhanced shopping experience for customers.

...... Read More
January 24, 2024

Molecular Cytogenetics Market worth $4.9 billion by 2028

The report "Molecular Cytogenetics Market by Product (Kits, Reagents, Probes, Instrument, Software, Services), Technique (FISH, CISH, Comparative Genomic Hybridization (Array-based, Standard)), Application (Cancer, Genetics Disorders) - Global Forecast to 2028 ", is valued at an estimated USD 3.1 billion in 2023 and is projected to reach USD 4.9 billion by 2028, at a CAGR of 9.9% during the forecast period.

...... Read More
January 24, 2024

Decorative Concrete Market worth $24.3 billion by 2028

The report "Decorative Concrete Market by Type (Stamped, Stained, Colored, Polished, Epoxy, Concrete Overlays), Application (Floors, Walls, Driveways & sidewalks, Pool decks), End-use Industry (Residential, Non-residential), and Region - Global Forecast to 2028", size is projected to grow from USD 18.3 billion in 2023 to USD 24.3 billion by 2028, at a CAGR of 5.8% from 2023 to 2028.

...... Read More
January 24, 2024

Simulators Industry worth $26.1 billion by 2028

According to a research report "Simulators Market by Solution (Product, Services), Platform (Air, Land, Maritime), Type, Application (Commercial Training, Military Training), Technique, and Region (North America, Europe, APAC, Middle East, Rest of the World) - Global Forecast to 2028" The Simulators market is estimated to be USD 18.5 billion in 2023 and is projected to reach USD 26.1 billion by 2028, at a CAGR of 7.1% from 2023 to 2028. The simulator market is propelled by escalating demand from industries prioritizing cost-effective training solutions. Companies recognize the operational efficiencies gained through simulator-based training, reducing expenditure on live exercises and equipment maintenance. Moreover, heightened safety concerns drive investments in simulators, ensuring personnel are well-prepared for real-world scenarios. Advancements in technology, particularly in sensor integration and data analytics, contribute to realistic simulation experiences, fostering skill development and enhancing workforce proficiency. The market's growth is further fueled by a surge in industries emphasizing precision and efficiency, as simulators offer a controlled environment for skill honing and performance optimization, translating into improved operational outcomes.

...... Read More
January 23, 2024

Digital Therapeutics (DTx) Market worth $21.9 billion by 2028

The report "Digital Therapeutics (DTx) Market by Offerings (Platform, Virtual Reality/Games), Revenue Model (Subscription, Value Based), Application (Therapy (Diabetes, Obesity, CNS, Respiratory, CVD), Drug Adherence, Rehab/Patient care) - Global Forecast to 2028", is projected to reach USD 21.9 billion by 2028 from USD 6.1 billion in 2023, at a CAGR of 29.1%.

...... Read More
January 23, 2024

Enterprise Asset Management Market worth $7.6 billion by 2028

According to a research report "Enterprise Asset Management Market by Offering, Application (Asset Life Cycle Management, Inventory Management, Predictive Maintenance), Deployment Model, Organization Size, Vertical (Manufacturing, Energy & Utilities) & Region - Global Forecast to 2028" published by MarketsandMarkets, the enterprise asset management market is expected to grow from USD 4.7 billion in 2023 to USD 7.6 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 9.8% during the forecast period.

...... Read More
January 23, 2024

Micro-inverter Industry worth $14.5 billion by 2029

According to the new market research report "Micro-inverter Market by Offering, Communication Technology (Wired, Wireless), Type (Single Phase, Three Phase), Power Rating (Below 250 W, Between 250 & 500 W, Above 500 W), Connection Type, Sales Channel, Application - Global Forecast to 2029" The global microinverter market is expected to be valued at USD 4.9 billion in 2024 and is projected to reach USD 14.5 billion by 2029; it is expected to grow at a CAGR of 24.1% from 2023 to 2028. The growth of the micro-inverter market is propelled by increasing energy prices that contribute to the installation of solar panels and rising energy demand across the globe. However, limited power handling capacity and high installation and maintenance costs restrain the market's growth.

...... Read More
January 23, 2024

Centrifuge Market worth $580 million by 2028

The report "Centrifuge Market by type (Decanters, High-Speed Separators), Drilling and Excavation Activity (Tunnel Boring, HDD, Exploration Drilling), Application (Solids Control, Mud Cleaning, Dewatering, Fluid Clarification), and Region - Global Forecast to 2028", is expected to grow at a CAGR of 4.5% during the forecast period, from an estimated USD 466 million in 2023 to USD 580 million by 2028. Centrifuges are experiencing a rising demand driven by several compelling factors. The increasing demand for centrifuges stems from heightened industrialization, expanding activities in oil and gas exploration, and a growing focus on environmental sustainability. Various industries are actively pursuing efficient liquid-solid separation methods to recover resources and minimize waste. Centrifuges, playing a pivotal role in sectors such as pharmaceuticals, wastewater treatment, and mining, are witnessing widespread adoption. Furthermore, the demand is propelled by continuous advancements in centrifuge technology, providing enhanced efficiency and automation, thereby contributing to the versatility of these devices across different applications.

...... Read More
January 23, 2024

Contactless Connector Industry worth $480 million by 2029

The report "Contactless Connector Market by Product Type (Wireless Charging, Wireless Data Transfer), Technology (Inductive Coupling, RF, Magnetic Field), Operation (Simplex, Half-duplex, Full-duplex), Data Rate Gbps (1, 3, Up to 6) - Global Forecast to 2029" The global contactless connector market is expected to be valued at USD 220 million in 2024 and is projected to reach USD 480 million by 2029; it is expected to grow at a CAGR of 16.9 % from 2024 to 2029. The rise of IoT devices and smart technologies necessitates secure and reliable connectivity solutions, further propelling the demand for contactless connectors. Moreover, the ongoing advancements in wireless charging and data transfer technologies are expanding the scope of contactless connectors, fueling their market growth.

...... Read More
January 23, 2024

EV Battery Market worth $508.8 billion by 2033

According to a research report "EV Battery Market by Battery Type (Lead-acid, Li-ion, Na-ion, NiMH, SSB), Propulsion (BEV, PHEV, ECEV, HEV), Battery Form, Vehicle Type, Material Type, Battery Capacity, Method, Li-ion Battery Component and Region - Global Forecast to 2033" published by MarketsandMarkets, the global EV battery market is projected to grow from USD 132.6 billion in 2023 to USD 508.8 billion by 2033, registering a CAGR of 14.4%.

...... Read More
January 22, 2024

Motion Control Industry worth $21.6 billion by 2029

The report "Motion Control Market by Offering (Actuators & Mechanical Systems, Drives, Motors, Motion Controllers, Sensors & Feedback Services, Software & Services), System (Open-loop, Closed-loop), End-user Industry and Region - Global Forecast to 2029" The motion control market is expected to reach USD 21.6 billion by 2029 from USD 16.5 billion in 2024, at a CAGR of 5.5% during the 2024–2029 period.

...... Read More
January 22, 2024

Contract Research Organization (CROs) Services Market worth $129.8 billion by 2029

The report "Contract Research Organization (CROs) Services Market by Type (Early Phase, Clinical, Lab, Consulting, Data Management), Therapeutic Area (Cancer, Infectious Disease, Neurology, Dermatology, Immunology, Hematology, Vaccines, CGT) - Global Forecast to 2029", is projected to reach USD 129.8 billion by 2029 from an estimated USD 82.0 billion in 2024, at a CAGR of 9.6% during the forecast period. The rising number of products in the drug development pipeline and growing technological advancements in the clinical trials, are the factors supporting market growth.

...... Read More
January 22, 2024

Industrial Networking Solutions Market worth $73.3 billion by 2028

According to a research report "Industrial Networking Solutions (INS) Market by Offering, Technology (SD-WAN, WLAN, IIoT), Service, Application (Remote Monitoring, Predictive Maintenance, Emergency & Incident Management), Vertical, Networking Type and Region - Global Forecast to 2028" published by MarketsandMarkets, the industrial networking solutions market size is projected to grow from USD 29.2 billion in 2023 to USD 73.3 billion by 2028, at a CAGR of 20.2% during the forecast period. The need for improved efficiency and reduced operational costs is driving the adoption of automation in various industries. Industrial networking solutions play a crucial role in connecting and coordinating automated systems and processes.

...... Read More
January 22, 2024

Glass Substrate Market worth $8.4 billion by 2028

The report "Glass Substrate Market by Type (Borosilicate, Silicon, Ceramic, And Fused Silica/Quartz-Based Glass Substrates), End-Use Industry (Electronics, Automotive, Medical, Aerospace & Defense, Solar), and Region - Global Forecast to 2028", size is estimated to be USD 7.1 billion in 2023, and it is projected to reach USD 8.4 billion by 2028 at a CAGR of 3.5%. The growth of the glass substrate market is primarily driven by the rapid advancements in electronic devices and display technologies. Apart from this, the demand from several end-use industries such as automotive, medical, aerospace & defense, and solar power, also drives the market of glass substrate. Moreover, as environmental concerns gain prominence, the development of eco-friendly glass substrates using sustainable manufacturing practices becomes another influential factor shaping the market landscape. High technology development cost and manufacturing cost of the glass substrate is becoming the main restraining factor in this market. However, the increasing growth of solar industries and rising innovations in display technologies provide lucrative opportunities for glass substrate producers. Strict quality requirements are the major challenge of this market.

...... Read More
January 22, 2024

Taste Modulators Market worth $2.0 billion by 2028

According to a research report "Taste Modulators Market by Type (Sweet Modulators, Salt Modulators, Fat Modulators), Application (Food, Beverages, Pharmaceutical), and Region (North America, Europe, Asia-Pacific, South America, RoW) - Global Forecast to 2028" published by MarketsandMarkets, the Taste Modulators market is projected to reach USD 2.0 billion by 2028 from USD 1.4 billion by 2023, at a CAGR of 7.4% during the forecast period in terms of value. The taste modulators market is growing due to rising health consciousness, addressing the demand for healthier options by reducing sugar, salt, and fat. The surge in obesity and diabetes cases fuels the need for sugar-free and reduced-calorie products, often utilizing taste modulators. Ongoing innovation and the versatility of taste modulators contribute to their widespread application in diverse food and beverage products.

...... Read More
January 19, 2024

Elevators & Escalators Market worth $207.4 billion by 2028

The report "Elevators & Escalators Market by Type (Elevators, Escalators, Moving walkways), Service (New installation, Maintenance & Repair), Elevator Technology (Traction, Machine- Room-Less, & Hydraulic), & End-use Industry and Region - Global Forecast to 2028", is projected to grow from USD 152.1 billion in 2023 to USD 207.4 billion by 2028, at a CAGR of 6.4% during the forecast period.

...... Read More
January 19, 2024

Commercial Vehicle Telematics Software Industry worth $10.3 billion by 2028

According to a research report "Commercial Vehicle Telematics Software Market by Offering (Software (Fleet Management, Telematics Productivity), Services), Vehicle Type (LCV, MHCV), Propulsion Type (IC Engine, Electric), Sales Channel, End-user and Region - Global Forecast to 2028" published by MarketsandMarkets, the commercial vehicle telematics software market is set to experience rapid growth, projected to surge from USD 5.2 billion in 2023 to USD 10.3 billion by 2028, at a CAGR of 14.3% during the forecast period of 2023–2028. Escalating regulatory requirements to enhance vehicle and passenger safety and security and increasing recognition of the importance of predictive maintenance are driving forces propelling the commercial vehicle telematics software market forward. Telematics technology empower businesses by optimizing fleet management, enabling data-driven decisions, ensuring safety and compliance, reducing downtime, and enhancing customer service.

...... Read More
January 19, 2024

Therapeutic Hypothermia Systems Market worth $396 million by 2028

The report "Therapeutic Hypothermia Systems Market by Product (Cooling Devices, Cooling Catheters, Cool Caps), Application (Neurology, Cardiology, Neonatal Care), and Region (North America, Europe, Asia- Pacific, RoW) - Global Forecast to 2028", is projected to reach USD 396 million by 2028 from USD 291 million in 2023, at a CAGR of 6.3% during the forecast period. The growth of this market is majorly driven by the growing number of hypothermia cases, the growing number of road accidents and sports injuries, the rise in the prevalence of traumatic brain surgery, the rise in the geriatric population, and the growing prevalence of chronic and infectious diseases.

...... Read More
January 19, 2024

Industrial Sensors Industry worth $42.1 billion by 2029

According to a research report "Industrial Sensors Market by Sensor Type (Level Sensor, Temperature Sensor, Gas Sensor, Pressure Sensor, Position Sensor, and Humidity & Moisture Sensor), Type (Contact & non-contact sensors), End-User Industry and Region - Global Forecast to 2029" The Industrial sensor market is projected to grow from USD 27.9 billion in 2024 and is expected to reach USD 42.1 billion by 2029, growing at a CAGR of 8.5% from 2024 to 2029.

Many industries are subject to stringent regulations and safety standards that necessitate the use of high-performance industrial sensors. These sensors help ensure compliance with environmental regulations, monitor hazardous materials, prevent accidents, and protect worker safety. The increasing focus on environmental sustainability and worker safety further drives the demand for reliable and accurate sensor technologies eventually driving the market for industrial sensors.

...... Read More
January 19, 2024

Oil Immersed Power Transformer Market worth $28.3 billion by 2028

According to a research report "Oil Immersed Power Transformer Market by Installation (Pad-Mounted, Pole-Mounted, Substation Installation), Voltage (Low, Medium, High), Phase, End User (Industrial, Residential & Commercial, Utilities) and Region - Global Forecast to 2028" published by MarketsandMarkets, the Oil Immersed Power Transformer market is anticipated to witness a significant expansion, with the market size projected to reach approximately USD 28.3 billion by 2028, showcasing a Compound Annual Growth Rate (CAGR) of 6.0% from the estimated value of USD 21.2 billion in 2023. This robust growth is attributed to the anticipated reinforcement of power distribution infrastructure, responding to the escalating global demand for electricity. Additionally, the market is poised to benefit from the expanding capacity of renewable energy sources and heightened investments in industrial production, both contributing to an increased demand for Oil Immersed Power Transformers. A notable driver of this growth is the rising adoption of high-voltage direct systems, further propelling the market towards accelerated expansion over the forecast period.

...... Read More
January 18, 2024

IT Service Management (ITSM) Market worth $22.1 billion by 2028

According to a research report "IT Service Management (ITSM) Market by Offering (Solutions (Change & Configuration Management, Operations & Performance Management) and Services), Deployment Model, Organization Size, Vertical and Region - Global Forecast to 2028", published by MarketsandMarkets, the ITSM market size is expected to grow from USD 10.5 billion in 2023 to USD 22.1 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 15.9% during the forecast period. With the increasing adoption of cloud-based technologies, there are now more opportunities for cloud-based ITSM vendors. Organizations want to obtain IT services externally at a cost that aligns with their usage of IT services rather than building and maintaining these services on-premises. Large enterprises opt for cloud-based ITSM solutions to better manage their IT resources and align their IT services with real-world business needs.

...... Read More
January 18, 2024

First

Previous

Next

Last




How can we help you?

To discuss how our team can help you and your business achieve true results,
Get in touch with us

  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
© MarketsandMarkets Research Private Ltd. All rights reserved
DMCA.com Protection Status