Press Release

Passenger Information System Industry worth $52.6 billion by 2028

According to a research report "Passenger Information System Market By Solution (Display System, Announcement System, Emergency Communication System, Infotainment System), Transportation Mode (Railways, Roadways, Airways & Waterways) - Global Forecast to 2028" published by MarketsandMarkets, the passenger information system market is expected to reach USD 52.6 billion by 2028 from USD 29.3 billion in 2023, at a Compound Annual Growth Rate (CAGR) of 12.4% during the forecast period.

• Published: March 2024

EPDM Market worth $5.2 billion by 2028

The report "EPDM Market by Application (Automotive, Building & Construction, Plastic Modification, Tires & Tubes, Wires & Cables and Lubricant Additives), Manufacturing Process, Region (North America, Europe, APAC, MEA, and South America) - Global Forecast to 2028", size is estimated to be USD 3.9 billion in 2023, and it is projected to reach USD 5.2 billion by 2028 at a CAGR of 5.9%. The growth of the EPDM market is primarily driven by the rising automotive sector which helps to generate the demand for EPDM across the industry. Apart from this, the increasing use of EPDM polymer in the blended products also helps to drive the market. Availability of the susbstitutes for EPDM in the market, becomes the main restraining factor in this market. However, the growing demand for EVs, and development of environment-friendly technology for EPDM production, provides lucrative opportunities for EPDM producers. Anti-dumping duties imposed by China, and recycling issues of EPDM, are the major challenge of this market.

• Published: March 2024

Laser Capture Microdissection Market worth $306 million by 2029

The report "Laser Capture Microdissection Market by Product (Instruments, Consumables, Software, Services), System Type (Ultraviolet, Infrared, Immunofluorescence), Application (R&D (Molecular Biology, Cell Biology, Forensics), Diagnostics) - Global Forecast to 2029", is projected to reach USD 306 million by 2029 from USD 184 million in 2024, at a CAGR of 10.6% during the forecast period of 2024 to 2029. The growth of this market is driven by increasing demand of laser capture microdissection in cancer research, collaborations between academic institutions, research organizations, and industry players to develop innovative LCM technologies. Additionally, continuous advancements in laser technology, microscopy, and automation have led to improved precision, efficiency, and ease of use of LCM systems.

• Published: March 2024

Protective Packaging Market worth $44.5 billion by 2028

The report "Protective Packaging Market by Material (Foam Plastics, Paper & Paperboard, Plastics), Type (Flexible Protective Packaging, Rigid Protective Packaging, Foam Protective Packaging), Function, Application, and Region - Global Forecast to 2028", is projected to grow from USD  33.3 billion in 2023 to USD  44.5 billion by 2028 at a CAGR of 5.9%.

• Published: March 2024

Cable Modem Termination System (CTMS) and Converged Cable Access Platform (CCAP) Industry worth $10.4 billion by 2029

According to the new market research report "Cable Modem Termination System (CTMS) and Converged Cable Access Platform (CCAP) Market by Type (CMTS (traditional CMTS, Virtual CMTS) and CCAP), DOCSIS Standard (DOCSIS 3.1 and DOCSIS 3.0 and Below) and Geography- Global Forecast to 2029" The CMTS and CCAP industry size is projected to grow from USD 6.7 billion in 2024 and is expected to reach USD 10.4 billion by 2029, growing at a CAGR of 9.3% from 2024 to 2029. The introduction of DOCSIS 4.0 technology is expected to be one of the key driving factors for this market. DOCSIS 4.0 introduces Full Duplex DOCSIS (FDX), enabling symmetrical upload and download speeds. This is a significant improvement over previous versions, which typically have higher download speeds than upload speeds. Symmetrical speeds are beneficial for applications such as video conferencing, cloud services, and other upload-intensive activities. Moreover, This enables a smoother transition for cable operators, allowing them to upgrade their networks gradually without disrupting existing services.

• Published: March 2024

Electroceuticals/Bioelectric Medicine Market worth $33.6 billion by 2029

The report "Electroceuticals/Bioelectric Medicine Market by Product (Cardiac Pacemakers, ICD, Cochlear Implant, Neuromodulation (Deep Brain Stimulation)), Type (Implantable, Non-Invasive), Application (Arrhythmia, Heart Failure, Epilepsy) - Global Forecast to 2029", is projected to reach USD 33.6 billion by 2029 from USD 23.9 billion in 2024, at a CAGR of 7.0%.

• Published: March 2024

Electric Tractor Industry worth $3.4 billion by 2030

According to a research report "Electric Tractor Market by Propulsion (Battery, Hybrid & Hydrogen), Capacity (<50, 51–100 & >100kWh), Chemistry (LFP & NMC), Hybrid Tractor (<50, 51–100 & >100HP), Function (Agriculture, Utility & Industrial) and Region - Global Forecast to 2030" published by MarketsandMarkets, the global electric tractor market is estimated to grow from USD 0.7 billion in 2024 to USD 3.4 billion by 2030, at a CAGR of 28.3%.

• Published: March 2024

Open Banking Solutions Industry worth $11.7 billion by 2028

According to a research report "Open Banking Solutions Market by Solutions (Payment Initiation, Account Information, Identity Verification & Authentication, API Management), Application (Payment, Banking, Digital Lending, Wealth Management), End User (Account provider, TPP) - Global Forecast to 2028" published by MarketsandMarkets, the Open Banking solutions market size is expected to grow from USD 5.5 billion in 2023 to USD 11.7 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 16.0% during the forecast period. Stringent regulations like PSD2 and CMA Order drive adoption of the market, innovations in APIs, data analytics, and cybersecurity, and Fintech companies offering agile solutions that disrupt traditional banking models are a few fundamental driving forces to leverage Open Banking solutions adoption across verticals and regions.

• Published: March 2024

Green Hydrogen Market worth $30.6 billion by 2030

The report "Green Hydrogen Market by Technology (Alkaline and PEM), Renewable source (Wind, Solar), End-use Industry (Mobility, Power, Chemical, Industrial, Grid Injection), and Region (North America, Europe, APAC, MEA, & Latin America) - Global Forecast to 2030", is projected to grow from USD 1.1 billion in 2023 to USD 30.6 billion by 2030, at a CAGR of 61.1% during the forecasted period. High demand from the mobility segment,  power industry, electrolysis technologies development, and the low cost for producing renewable energy is expected to drive the green hydrogen market.

• Published: March 2024

Industrial Filtration Market worth $47.1 billion by 2029

According to a research report "Industrial Filtration Market by Type (Air & Liquid), Product (Filter Press, Bag, Drum, Depth, Cartridge, HEPA, ULPA), Filter Media (Activated Charcoal, Fiberglass, Filter Paper, Metal, Nonwoven Fabric), Industry and Region - Global Forecast to 2029" published by MarketsandMarkets, the global industrial filtration market is forecast to reach USD 47.1 billion by 2029 from an estimated USD 37.1 billion in 2024, at a CAGR of 4.9% during the forecast period (2024-2029).

• Published: March 2024

Gene Expression Analysis Market worth $6.2 billion by 2029

The report "Gene Expression Analysis Market by Product (Reagents, Enzymes, kits, DNA Chips, PCR, NGS, DNA Microarray), Service (RNA Sequencing, Bioinformatics), Application (Drug discovery & development, clinical diagnostics), End User - Global Forecast to 2029", is projected to reach USD 6.2 billion by 2029 from an estimated USD 4.2 billion in 2024, at a CAGR of 8.1% during the forecast period.

• Published: March 2024

Pharmaceutical Membrane Filtration Market worth $19.6 billion by 2029

The report "Pharmaceutical Membrane Filtration Market by Product (Filters (PES, PVDF, Nylon), Systems (Single use)), Technique (Microfiltration, Ultrafiltration), Application (API, Vaccines), Type (Sterile, Non Sterile), Scale of Operation - Global Forecast to 2029", is projected to reach USD 19.6 billion by 2029 from USD 10.6 billion in 2024, at a CAGR of 13.1% during the forecast period of 2024 to 2029. Some factors contributing to the growth of the global market includes increasing adoption of single use membrane filters coupled by high purity requirements among end users, increasing R&D spending by government and private organizations, and increasing regulations for membrane filter’s safety by regulatory bodies. Despite this, issues such as membrane fouling, and large capital investment are expected to hinder market growth.

• Published: March 2024

Digital Oilfield Market worth $43.0 billion by 2029

According to a research report "Digital Oilfield Market by Solution (Hardware, Software & Service, Data Storage Solutions), Processes (Reservoir, Production, Drilling Optimizations, Safety Management), Application (Onshore, Offshore), Technology and Region - Global Forecast to 2029" published by MarketsandMarkets, the global digital oilfield market is projected to reach USD 43.0 billion by 2029 from an estimated USD 30.1 billion in 2023, at a CAGR of 6.3% during the forecast period. Digital oilfields play a crucial role in improving operational efficiency, reducing costs, and addressing industry challenges by integrating advanced technologies and data-driven solutions. It leverages a combination of hardware, software, and data storage solutions, including sensors, automation systems, and advanced data analytics, to capture, process, and interpret real-time data from diverse oilfield activities such as exploration, drilling, production, and reservoir management.

• Published: March 2024

Activated Carbon Market worth $8.41 billion by 2030

The report "Activated Carbon Market by Type (Powdered Activated Carbon, Granular Activated Carbon), Application (Liquid Phase Application, and Gas Phase Application), End-Use Industry, Raw Material (Coal, Coconut, Wood, Peat), and Region - Global Forecast to 2030", is projected to grow from USD 4.46 billion in 2023 to USD 8.41 billion by 2030, at a CAGR of 9.8% during the forecast period. The increasing global population and improving living standards contribute to a heightened demand for clean air and water. Hence, there is a rise in the purification of both air and water, which drives the activated carbon market during the forecast period. Additionally, factors such as the growing food and beverage industry, recovery of the automotive sector, and strict government regulations further propel the market for activated carbon. However, the market faces challenges due to the scarcity of raw materials, leading to price hikes. The reactivation of activated carbon presents lucrative opportunities for producers in the industry. Weak economic growth remains a significant challenge for the market.

• Published: March 2024

Digital Risk Protection Industry worth $157.8 billion by 2028

According to a research report "Digital Risk Protection Market by Offering, Solution Type (Automated Threat Mitigation, Phishing Protection, Incident Response), Security Type, Organization Size, Deployment Mode, Vertical and Region - Global Forecast to 2028" published by MarketsandMarkets, the global digital risk protection market is growing quickly, valued at USD 64.4 billion in 2023 and expected to reach USD 157.8 billion by 2028, with a significant growth rate of 19.6%. This growth is driven by the ongoing and evolving cyber threats, which are becoming more complex and sophisticated. Organizations are strengthening their cybersecurity defenses to combat the various tactics used by cybercriminals. With the rise of remote work and the increasing interconnectedness of digital systems, there's a greater need for strong digital risk protection measures. Additionally, stricter regulations like GDPR and other data protection laws are pushing for more advanced cybersecurity solutions. In this complex cybersecurity landscape, the digital risk protection market plays a vital role by providing innovative strategies to defend against a wide range of cyber threats, ensuring the security of digital communication channels, and safeguarding sensitive information.

• Published: March 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.

• Published: March 2024

Wearable AI Industry worth $138.5 billion by 2029

The report "Wearable AI Market by Product (Smartwatches, Fitness Tracker, AR/VR Headsets, Wearable Cameras, Smart Earwear, Smart Clothing & Footwear), Operation (On-device AI, Cloud-based AI), Application (Consumer Electronics, Healthcare) - Global Forecast to 2029" The wearable AI market is projected to grow from USD 62.7 billion in 2024 and is estimated to reach USD 138.5 billion by 2029; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 17.2% from 2024 to 2029. The growth of the wearable AI market is driven by growing awareness regarding health and fitness among general population and technological advancements in wearables, seamless integration with smartphones and Internet of Things (IoT).

• Published: March 2024

Medical Waste Management Market worth $12.2 billion by 2028

The report "Medical Waste Management Market by Service (Collection, Treatment, Disposal, Incineration, Recycling), Type of Waste (Non-hazardous, Infectious, Pharmaceutical), Treatment Site (Offsite, Onsite), Waste Generator (Hospital, Labs) - Global Forecast to 2028", is valued at an estimated USD 9.2 billion in 2023 and is projected to reach USD 12.2 billion by 2028, at a CAGR of 5.9% during the forecast period.

• Published: March 2024

Commercial Drone Industry worth $9.3 Billion by 2029

The report "Commercial Drone Market by Point Of Sale (OEM, Aftermarket), Systems (Platform, Payload, Datalink, Ground Control Station, Launch & Recovery Systems), Platform (Micro, Small, Medium, Large), Function (Passenger Drones, Inspection & Monitoring Drones, Surveying & Mapping Drones, Spraying & Seeding Drones, Cargo Air Vehicles, Others), End-Use (Agriculture, Insurance, Energy, Mining & Quarrying, Oil & Gas, Tranport, Logistics & Warehousing, Journalism & Media, Arts, Entertainment & Recreation, Healthcare & Social Assistance), MTOW (<25 Kg, 25-170 Kg, >170Kg), Range (Visual Line Of Sight, Extended Visual Line Of Sight, Beyond Visual Line Of Sight) & Region - Global Forecast to 2029" The Commercial Drone market is projected to grow from USD 5.3 billion in 2022 to USD 9.3 Billion by 2029, at a CAGR of 11.2% from 2024 to 2029. The market growth can be attributed to growing increased adoption of UAS in commercial applications worldwide.The acceptance of UAVs or drones has steadily been increasing across the world for use in commercial applications. Commerical drones are witnessing increased demand owing to their cost-effectiveness and advancements in them over the last couple of years.

• Published: March 2024

Thermoform Packaging Market worth $65.6 billion by 2028

The report "Thermoform Packaging Market by Material (Plastic, Aluminum, Paper & Paperboard), Heat Seal Coating (Water-Based, Solvent-Based, Hot-Melt-Based), Type (Blister Packaging, Clamshell Packaging, Skin Packaging), End-Use Industry - Global Forecast to 2028", size is projected to grow from USD 52.2 billion in 2023 to USD 65.6 billion by 2028, at a CAGR of 4.7% from 2023 to 2028.

• Published: March 2024

Gas Engine Industry Growth News - $6.3B by 2029

According to a research report "Gas Engine Market by Fuel Type (Natural Gas, Special Gas), Power Output (0.5-1 MW, 1.1-2 MW, 2.1-5 MW, 5.1-15 MW, Above 15 MW), Application (Power Generation, Cogeneration, Mechanical Drive), End-Use Industry and Region - Global Forecast to 2029" published by MarketsandMarkets, the Gas Engine market is anticipated to witness a significant expansion, with the market size projected to reach approximately USD 6.3 billion by 2029, showcasing a Compound Annual Growth Rate (CAGR) of 4.5% from the estimated value of USD 5.1 billion in 2024. The growth in this market can be attributed to various factors stimulating demand. A prominent driver is the escalating focus on cleaner energy sources and sustainability initiatives, prompting a surge in the adoption of gas-powered engines as a viable alternative to conventional fossil fuel-based options. Furthermore, technological advancements, including enhanced efficiency and reliability of gas engines, are significantly contributing to market expansion. These advancements not only improve the performance of gas engines but also make them more competitive and appealing to consumers seeking reliable and environmentally friendly power solutions.

• Published: March 2024

Autonomous Train Market worth $18.9 billion by 2030

According to a research report "Autonomous Train Market by Level of Automation (GOAI, GOA2, GOA3, GOA4), Technology (CBTC, ERTMS, ATC, PTC), Application, Component, Train Type (Metro, Light Rail, Bullet Train/HSR), Track Length, GOA 4 Systems and Region - Global Forecast to 2030" published by MarketsandMarkets, the overall autonomous train market is estimated at USD 13.6 billion in 2024 and is projected to grow at a CAGR of 5.7% from 2024 to 2030, to reach USD 18.9 billion by 2030. Asia Pacific is projected to lead the autonomous train market during the forecast period, followed by Europe. In an era characterized by increasing urbanization, autonomous trains have emerged as a transformative solution for the modern rail transportation. Additionally, government authorities' support and investments are playing a vital role in driving the growth of the autonomous train market.

• Published: March 2024

Electronic Chemicals and Materials Market worth $77.8 billion by 2028

The report "Electronic Chemicals and Materials Market by Type (Specialty Gases, CMP Slurries, Conductive Polymers, Photoresist Chemicals, Low K Dielectrics, Wet Chemicals, Silicon Wafers, PCB Laminates), Application, and Region - Global Forecast to 2028", size is projected to grow from USD 59.1 billion in 2023 and is projected to reach USD 77.8 billion by 2028, at a CAGR of 5.6%. This growth is propelled by the increasing demand for electronic devices across sectors like consumer electronics, automotive, healthcare, and telecommunications. Advances in technology necessitate specialized materials for enhanced performance, reliability, and efficiency in semiconductor manufacturing, PCBs, display technologies, and packaging materials. Stringent environmental regulations are driving the adoption of eco-friendly solutions, while emerging technologies such as 5G, IoT, AI, and EVs are fueling demand for specialized electronic components and materials. Overall, the growth is spurred by expanding electronic applications, technological advancements, regulatory pressures, and the uptake of emerging technologies.

• Published: March 2024

Egg Processing Industry worth $41.9 billion by 2029

According to a research report "Egg Processing Market by product type (Dried Egg Products, Liquid Egg Products, Frozen Egg Products), End-use Application (Food Processing and Manufacturing, Food Service, Retail), Nature and Region - Global Forecast to 2029" published by MarketsandMarkets, The egg processing market is estimated at USD 33.3 billion in 2024 and is projected to reach USD 41.9 billion by 2029, at a CAGR of 4.7% from 2024 to 2029.  According to the United States Department of Agriculture (USDA) report of egg product export information in 2022, The high export value of USD 718.92 million in 2022 and the diversity of top export markets such as Canada, Mexico, and South Korea indicate a strong international demand for processed egg products. This shows that the processing market is expanding to meet this demand, potentially driven by factors like convenience, longer shelf life, and safety assurances offered by processed products. Additionally, the USDA's resources offering guidance and market reports suggest proactive support for the industry, potentially fostering innovation and expansion into new markets, further contributing to the growth of the egg processing market.

• Published: March 2024

Biomaterials Market worth $64.2 Bn by 2029

The report "Biomaterials Market by Type (Metallic (Gold, Magnesium), Ceramic (Aluminum Oxide, Carbon), Polymer (Polyethylene, Polyester), Natural (Hyaluronic acid, Collagen, Gelatin)), Application (Orthopedic, Dental, CVD, Ophthalmology) - Global Forecast to 2029 ", is projected to reach USD 64.2 Bn by 2029 from USD 45.2 Bn in 2024, at a CAGR of 7.3% during the forecast period of 2024 to 2029.

• Published: March 2024

Influencer Marketing Platform Industry worth $50.3 billion by 2028

According to a research report "Influencer Marketing Platform Market by Marketing Type (Content Marketing, Event Promotion, Thought Leadership), Application (Campaign Management, Analytics, Influencer Relationship Management, Social Listening, Product Seeding) - Global Forecast to 2028" published by MarketsandMarkets, the global market for influencer marketing platform is estimated to grow from USD 10.6 billion in 2023 to USD 14.2 billion in 2024 and is forecasted to reach USD 50.3 billion by 2028, at a CAGR of 37.1% during 2024-2028 period. Influencer marketing platforms streamline campaign processes, offering efficient influencer discovery tools that save time and ensure relevance. It provides a diverse pool of influencers, catering to various audience demographics from micro to macro-influencers. Robust analytics empower brands with valuable insights into campaign performance, enabling data-driven decision-making and optimization. These platforms foster transparency and accountability through clear communication, defined deliverables, and performance tracking, building trust between brands and influencers. Overall, it allows brands to focus on other marketing strategies while driving impactful results through targeted collaborations.

• Published: March 2024

Bioceramics Market worth $10.2 billion by 2028

The report "Bioceramics Market by Type (Bio-inert, Bio-active, Bio-resorbable), Material Type (Aluminum Oxide, Zirconia, Calcium Phosphate, Calcium Sulfate), Form (Powder, Liquid), Application (Orthopedics, Dental, Biomedical), and Region- Forecast to 2028", is estimated at USD 7.4 billion in 2023 and is projected to reach USD 10.2 billion by 2028, at a CAGR of 6.7 % from 2023 to 2028. Bioceramics are a class of ceramic materials that are biocompatible and used for repairing or replacing damaged bone tissues. Bioceramics range in biocompatibility from the ceramic oxides, which are inert in the body, to the other extreme of resorbable materials, which are eventually replaced by the body after they have assisted repair. Bioceramics are used in many types of medical procedures, including dental and bone implants, joint replacements, pacemakers, kidney dialysis machines, and respirators. Bioceramics can be modelled to precise shapes and their compositions can be tailored to enhance specific properties.

• Published: March 2024

Drone Warfare Industry worth $30.5 billion by 2028

The report "Drone Warfare Market Size, Share & Industry Growth Analysis Report, By Capability (Platform, Application Software, Services, GCS, Drone launch & Recovery systems), Application, Mode of Operation & Region - Global Forecast to 2028" The drone warfare industry is anticipated to experience substantial growth, increasing from USD 20.1 billion in 2023 to USD 30.5 billion by 2028 with CAGR 8.6%. This growth is driven by increased investments in advanced military solutions to enhance defense forces' capabilities. The rise in piracy and territorial encroachments in regions like Central Asia, South America, East Africa, the Indian subcontinent, Southeast Asia, and West Africa has led to heightened maritime patrolling and anti-piracy operations. As a result, there is a growing reliance on Unmanned Aerial Vehicles (UAVs) for maritime patrolling and identifying potential hotspots.

• Published: March 2024

Mental Health Screening Market worth $1.8 billion by 2029

The report "Mental Health Screening Market by Indication (Depression, Bipolar, Schizophrenia, ADHD, Alzheimer, Dementia), Screening (Self, Interview, Observation, Biomarker), Technology (mHealth, Remote Platform, Telehealth), Age, Setting - Global Forecast to 2029 "Mental Health Screening market is projected to reach USD 1.8 billion by 2029 from USD 0.9 billion in 2023, at a CAGR 12.2%.

• Published: March 2024

Video on Demand (VoD) Industry worth $270.3 billion by 2028

According to a research report "Video on Demand (VoD) Market by Solutions (Pay TV, OTT Services, Internet Protocol Television (IPTV)), Monetization Model (SVoD, AVoD), Platform Type (Smartphones, Tablets/Laptop), Content Type (Movies, Educational/Fitness Programs) - Global Forecast to 2028" published by MarketsandMarkets, the global VoD market will grow from USD 146.6 billion in 2023 to USD 270.3 billion by 2028 at a compounded annual growth rate (CAGR) of 13.0% during the forecast period. The VoD market is primarily propelled by shifting consumer preferences and technological advancements. As viewers increasingly seek convenience and flexibility in their entertainment choices, VoD services offer a vast array of content accessible anytime, anywhere. The rise of high-speed internet and the proliferation of smart devices have democratized access to streaming platforms, fostering a culture of binge-watching and personalized content consumption. Additionally, the emergence of original programming from streaming giants and niche content providers has intensified competition, driving innovation and investment in exclusive content creation.

• Published: March 2024

Facial Recognition Industry worth $13.4 billion by 2028

According to a research report "Facial Recognition Market by Offering (Hardware, Software Solutions, Services), Application, Organization Size, Deployment Mode (Cloud, On-premises), Vertical (BFSI, Government, Retail & E-commerce) and Region - Global Forecast to 2028" published by MarketsandMarkets, the global facial recognition market is estimated to be worth USD 6.3 billion in 2023 and is projected to reach USD 13.4 billion by 2028, at a CAGR of 16.3% during the forecast period. Accelerated adoption of facial recognition technology during and after the pandemic is driving the growth of the facial recognition market.

• Published: March 2024

Organic Soy Protein Isolates Industry worth $257 million by 2029

According to a research report "Organic Soy Protein Isolates Market by Application (Food & Beverages, Feed), Form (Dry, Liquid), Extraction Process (Qualitative), And Region (North America, Europe, Asia Pacific, South America & RoW) - Global Forecast to 2029" published by MarketsandMarkets, the global organic soy protein isolates market, valued at USD 197 million in 2024, showcases a remarkable growth projection, anticipated to escalate to USD 257 million by 2029, indicating a robust compound annual growth rate (CAGR) of 5.4% during the forecast period. One of the key applications of organic soy protein isolates is in the food and beverage industry, where they are utilized as ingredients in meat alternatives, bakery products, performance nutrition. These soy protein isolates offer a rapid and efficient source of amino acids, facilitating quicker muscle recovery and promoting overall health. The market's versatility and diverse applications underscore the manifold benefits of organic soy protein isolates, making them a sought-after ingredient in various sectors and contributing to the industry's sustained expansion.

• Published: March 2024

Absorbent Paper Market worth $177.3 billion by 2028

The report "Absorbent Paper Market by Type (Wet Crepe, Dry Crepe, Tissue, Scrim-Reinforced Paper), Application (Filter Paper, Toilet Paper, Napkins, Surgical Drapes & Gowns, Food Wraps, Wipes), End-use Industry, and Region - Global Forecast to 2028", size is projected to reach USD 177.3 billion by 2028 from USD 135.0 billion in 2023, at a CAGR of 5.6% during the forecast period. The major drivers for the absorbent paper market are the rising hygiene and sanitation awareness, growing demand for adult incontinence products, and increasing demand for coffee filters in Europe. Increasing competition from alternative materials, and environmental concerns related to the production, use, and disposal of absorbent paper products are considered restraining factors in this market. Whereas the increasing demand for surgical drapes and gowns, and expansion of absorbent paper market into new applications such as wipes, and personal care products act as opportunities in the market.

• Published: March 2024

Outdoor Power Equipment Industry worth $36.5 billion by 2029

The report "Outdoor Power Equipment Market by Equipment Type (Lawn Mowers, Saws, Trimmers & Edgers), Power Source (Fuel-based, Electric), Functionality (Connected/Smart Products, Conventional Products), Application and Region - Global Forecast to 2029" The outdoor power equipment market is expected to grow from USD 31.0 billion in 2024 to USD 36.5 billion by 2029, at a CAGR of 3.3% during the forecast period. Increasing homeowner interest in gardening, alongside a growing demand for landscaping services, and the rising popularity of battery-powered outdoor equipment for lawn maintenance and gardening tasks, are significant factors driving the outdoor power equipment market. In addition, the development of intelligent and interconnected outdoor power equipment, along with the rising trend of choosing rental services for such equipment, generates opportunities for market growth.

• Published: March 2024

Corporate Lending Platform Industry worth $11.0 billion by 2030

According to a research report "Corporate Lending Platform Market by Lending Type (Commercial (Asset-based Lending, Cash Flow Financing), Microfinance, SME (Secured Loans, Working Capital Loans), Agriculture (Supply Chain Financing, Commodities Trading))- Global Forecast to 2030" published by MarketsandMarkets, the market for corporate lending platforms is estimated to grow from USD 3.0 billion in 2024 to USD 11.0 billion in 2030, at a CAGR of 24.5% during the forecast period. The corporate lending platform market is poised for substantial growth fueled by the increasing adoption of digitalization and cloud-based solutions is expected to drive demand for efficient and accessible lending platforms among corporate borrowers. Digitalization is a key trend, with cloud-based platforms and mobile applications offering convenient access to borrowing solutions for corporate clients. With blockchain technology emerging as a potential disruptor for secure transaction processing, the corporate lending platform market presents vast opportunities for those able to leverage these trends to deliver innovative and tailored lending solutions.

• Published: March 2024

Power Rental Industry Growth News - $14.2B by 2029

According to a research report "Power Rental Market by Fuel Type (Diesel, Natural Gas), Equipment (Generators, Transformers, Load Banks), Power rating (Up to 50 kW, 51- 500 kW, 501-2000 kW, Above 2500 kW), Application, End User and Region - Global Forecast to 2029" published by MarketsandMarkets, the global power rental market is forecast to reach USD 14.2 billion by 2029 from an estimated USD 10.8 billion in 2024, at a CAGR of 5.6% during the forecast period (2024-2029).

• Published: March 2024

Electric Commercial Vehicle Industry worth $248.20 billion by 2030

According to a research report "Electric Commercial Vehicle Market by Vehicle Type (Pickups, Medium and Heavy-Duty Trucks, Vans, Buses), Propulsion, Range, Battery Type, Power Output, Battery Capacity, Component, End User, Body Construction and Region - Global Forecast to 2030" published by MarketsandMarkets, the global Electric Commercial Vehicle market is projected to grow from USD 60.48 Billion in 2024 to USD 248.20 Billion by 2030, registering a CAGR of 26.6%.

• Published: March 2024

Solar Photovoltaic Glass Market worth $27.3 billion by 2028

The report "Solar Photovoltaic Glass Market by Type (AR-Coated, Tempered, TCO-Coated), Application, End User (Crystalline Silicon PV Module, Thin Film Module, Perovskite Module), Installation Technology & Region - Global Forecast to 2028", size is projected to grow from USD 7.8 billion in 2023 and reach USD 27.3 billion by 2028, at a CAGR of 28.4% from 2023 to 2028. Technological advancements, government policies promoting renewable energy, and the overall growth of the solar industry are the key drivers for the solar photovoltaic glass market.

• Published: March 2024

Bread Improvers Industry worth $1.9 billion by 2028

According to a research report "Bread Improvers Market by Type (Emulsifiers, Enzymes, Oxidizing Agents, Reducing Agents, and Acidulants), Application (Bread, Buns, & Rolls, Cakes, Pastries, Pizza Dough), Form (Powdered, Liquid), End Users and Region - Global Forecast to 2028" published by MarketsandMarkets, the global bread improvers industry, valued at USD 1.5 Billion in 2023, highlights a remarkable growth projection, anticipated to escalate to USD 1.9 Billion by 2028, indicating a robust compound annual growth rate (CAGR) of 5.9% during the forecast period. According to the USDA Report on Food Processing Ingredients published in March 2021, the sales of bakery products experienced an increase of 7% to reach an impressive U.S. $1.2 billion in 2020. This growth coincided with a significant rise in consumer expenditure on bread and cereals, which reached U.S. $206.9 per capita, marking an 8.3% increase from the previous year (2019). Alongside this upward trajectory in the bakery sector, the demand for bread improvers has also seen a corresponding increase. As bakery manufacturers strive to meet consumer expectations for high-quality, flavorful, and longer-lasting bread products, the use of bread improvers has become increasingly prevalent. By enhancing the texture, volume, and shelf life of bread, bread improvers play a crucial role in ensuring consistent product quality and meeting consumer preferences.

• Published: March 2024

BPaaS Industry worth $92.9 billion by 2028

According to a research report "BPaaS Market by Business Process (Human Resource Management, Customer Service & Support, Accounting & Finance, Sales & Marketing, Procurement, SCM, and Operations), Deployment Model (Public, Private, Hyrbid Cloud) - Global Industry Forecast to 2028" published by MarketsandMarkets, the Business Process as a service market is expected to grow from USD 63.3 billion in 2023 to USD 92.9 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 8.0% during the forecast period. BPaaS solutions can be accessed from anywhere with an internet connection, making them ideal for organizations with global operations or distributed teams. This global reach allows businesses to streamline processes across geographies and collaborate more effectively. This drives the growth of BPaaS market.

• Published: March 2024

Land Survey Equipment Industry worth $11.7 billion by 2028

• Published: March 2024

Composites Market worth $181.7 billion by 2028

The report "Composites Market by Fiber Type (Glass Fiber Composites, Carbon Fiber Composites, Natural Fiber Composites), Resin Type (Thermoset Composites, Thermoplastic Composites), Manufacturing Process, End-use Industry, and Region - Global Forecast to 2028", size is expected to witness a CAGR of 10.8% and is 108.8 USD billion in 2023 and is estimated to reach 181.7 USD billion by 2028. Demand for composites is expected to to grow due to the increase in the demand for high performance materials with properties such as high strength to weight ratio, good tensile strength, and electrical conductivity among others.

• Published: March 2024

Pipette Calibrators Market worth $391 million by 2029

The report "Pipette Calibrators Market by Type (Devices, Software), Channel Type, Method (Gravimetry, Photometry), Application (Research (Drug Discovery), Clinical Diagnostics), End User (Pharmaceutical & Biotechnology), & Region - Global Forecast to 2029", is projected to reach USD 391 million by 2029 from USD 286 million in 2024, at a CAGR of 6.5% during the forecast period. The growth of this market is majorly driven by rise in genomics and proteomics research, growth in portable and handheld devices, and establishment of new research facilities by pharmaceutical companies.

• Published: March 2024

Architectural Metal Coatings Market worth $6.7 billion by 2028

The report "Architectural Metal Coatings Market by Resin Type (Polyester, Fluoropolymer), Coil Coating Application (Roofing & Cladding, Wall Panels & Facades), Extrusion Coating Application (Curtain Walls, Store Front) and Region - Global Forecast to 2028", size is projected to grow from USD 5.3 billion in 2023 to USD 6.7 billion by 2028, at a CAGR of 4.6%. The construction industry’s demand for eco-friendly and healthier coating systems and the rising need to improve performance, durability, and aesthetics are key factors contributing to the growth of the architectural metal coatings market. The growing investment in emerging markets is expected to create growth opportunities for the market players globally. However, stringent and time-consuming regulatory policies act as a challenge for market players.

• Published: February 2024

V2X Cybersecurity Market worth $778 million by 2030

According to a research report "V2X Cybersecurity Market by Form (In-vehicle and External Cloud Services), Communication Type (V2I, V2V, V2G, and V2P), Security Framework (PKI and Embedded), Security type, Connectivity Type, Propulsion, Vehicle Type and Region - Global Forecast to 2030" published by MarketsandMarkets, the global V2X cybersecurity market is projected to grow from USD 43 million in 2023 to USD 778 million by 2030, at a CAGR of 51.3%.

• Published: February 2024

Retail Automation Industry worth $44.3 billion by 2029

The report "Retail Automation Market by Product Type (Interactive Kiosk, Self-checkout System, Barcode, RFID, ESL, Cameras, AMR, COBOTS, AGV, ASRS, Conveyor & Sortation Systems), Implementation Type (In-house, Warehouse), End-user & Region - Global Forecast to 2029" The retail automation industry is expected to be valued at USD 27.6 billion in 2024 and is projected to reach USD 44.3 billion by 2029; it is expected to grow at a CAGR of 9.9% during the forecast period. The increasing demand rising demand for high-quality and fast service to consumers and the increasing adoption of integrated automated technology in warehouses are the key drivers fueling the expansion of the retail automation industry. Restraints such as regular maintenance and meeting regulatory compliance hinder market growth. However, factors such as increased transparency in supply chain management and enhanced retail experience for consumers by leveraging automation technologies provide lucrative opportunities for market players in coming years.

• Published: February 2024

Chromatography Reagents Market worth $11.5 billion by 2029

The report "Chromatography Reagents Market by Technology (LC( HPLC, UPLC, LPLC),GC, SFC, TLC), Type (Solvent(LC, GC), Derivatization Reagent (Acylation, Silylation), Ion-Pair Reagent, Buffer), Mechanism, User (Pharma, Academia, Hospital) - Global Forecast to 2029 ", is projected to reach USD 11.5 billion by 2029 from USD 6.8 billion in 2024, at a CAGR of 11.0 % during the forecast period.

• Published: February 2024

Next-generation Firewall Industry worth $8.6 billion by 2028

According to a research report "Next-generation Firewall Market by Offering (Hardware, Software, Services), Deployment Mode (On-premises, Cloud/Virtual), Organization Size (Large Enterprises, SMEs), Vertical (BFSI, Government, Other Verticals) and Region - Global Forecast to 2028" published by MarketsandMarkets, the global next generation firewall market size is projected to grow from USD 5.0 billion in 2023 to USD 8.6 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 11.4% during the forecast period. The growth of the next-generation firewall market is propelled by shifting work dynamics, demanding refined security solutions. With remote work becoming commonplace, organizations face heightened cyber threats as employees access networks from diverse locations using personal devices. Next-Generation Firewalls (NGFWs) equipped with advanced threat detection mechanisms ensure secure remote access amidst rising attacks, notably during the COVID-19 pandemic. Additionally, NGFW providers drive compliance advancements, integrating features like application control and intrusion prevention to meet evolving regulatory standards and secure enterprises against sophisticated cyber threats.

• Published: February 2024

Speech Analytics Industry worth $7.3 billion by 2029

According to a research report "Speech Analytics Market by Offering (Software by Functionality & Deployment Mode & Services), Business Function (Sales & Marketing, HR), Channel (VOIP & Messaging Platforms, Webinars & Virtual Meetings), Vertical and Region - Global Forecast to 2029" published by MarketsandMarkets, the speech analytics market is projected to grow from USD 3.3 billion in 2024 to USD 7.3 billion by 2029, at a compound annual growth rate (CAGR) of 17.5% during the forecast period. Key driving factors include the rising demand for improving omnichannel integration capabilities, the increasing emphasis on monitoring and improving agent performance, and the growing importance of utilizing analytics for customer retention and enhanced customer satisfaction.

• Published: February 2024

Pea Protein Industry worth $3.7 billion by 2029

According to a research report "Pea Protein Market by Type (Isolates, Concentrates and Textured), Application (Food, Beverages), Form (Dry, Wet), Source (Chickpeas, Yellow Split Peas, Lentils), Processing Method (Dry, Wet) and Region - Global Forecast to 2029" published by MarketsandMarkets, the pea protein market is estimated at USD 2.1 billion in 2024 and is projected to reach USD 3.7 billion by 2029, at a CAGR of 12.0% from 2024 to 2029.  Pea protein's rise in popularity is attributed to its exceptional nutritional profile, rich in essential amino acids like lysine, often lacking in other plant-based sources. Its allergen-free nature, excluding soy and dairy, caters to individuals with dietary restrictions. Furthermore, heightened awareness of the environmental impact of animal agriculture drives the search for sustainable protein sources. Pea protein production consumes fewer resources and emits fewer greenhouse gases than animal-based proteins, aligning with eco-conscious consumer preferences. The versatility of pea protein appeals to food manufacturers, seamlessly integrating into various products like plant-based meats, dairy alternatives, snacks, and supplements, without compromising taste or texture.

• Published: February 2024