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Home › Press Releases
Press Releases
Title | Date |
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Middle Eastern Temporary Power and Cooling Market worth $1,102 million by 2023The report "Middle Eastern Temporary Power and Cooling Market by Power Rating (Up To 500kVA, 501–1,000 kVA, 1,001–1,250 kVA, and Above 1,250 kVA), Equipment (Cooling Tower, AHU, Air Conditioner, Chiller), Application, and Region - Forecast to 2023" The Middle Eastern temporary power market is projected to reach USD 1,102 million by 2023 at a CAGR of 12.12% from an estimated USD 622 million in 2018, whereas the Middle Eastern temporary cooling market is projected to reach a size of USD 305 million by 2023 at a CAGR of 5.78% from an estimated USD 230 million in 2018. An increasing number of events, expansion of IT and data center projects, rise in GDP contribution from the non-oil sectors, and growing construction and infrastructure investments are likely to drive the Middle Eastern temporary power and cooling market. ...... Read More |
January 31, 2019 |
Connected Agriculture Market worth $4.3 billion by 2023The report "Connected Agriculture Market by Component (Solution, Platforms, and Services), Application (Pre-Production Planning and Management, In-Production Planning and Management, and Post-Production Planning and Management), and Region - Global Forecast to 2023", The connected agriculture market is expected to grow from USD 1.8 billion in 2018 to USD 4.3 billion by 2023, at a CAGR of 19.3% during the forecast period. Need to increase farm yield and reduce labor cost, and rising government initiatives for modernizing the agriculture industry are some of the major factors driving the growth of the connected agriculture market globally. ...... Read More |
January 31, 2019 |
HVDC Transmission Industry worth $14.9 billion by 2028The report "HVDC Transmission Market by Component (Converter Stations, Transmission Cables), Technology (CCC, VSC, LCC, HVDC, UHVDC), Project Type (point-to-point, back-to-back, multi-terminal), Application, Region - Global Forecast to 2028" The HVDC Transmission Market is expected to reach USD 14.9 billion by 2028 from USD 11.4 billion in 2023, at a CAGR of 5.4% during the 2023–2028 period. The increasing number of VSC-based HVDC projects, growing adoption of renewable energy globally, surging demand for reliable power supplies, and favorable government policies and initiatives for HVDC transmission are the major factors driving the market growth. Furthermore, constantly increasing technological advancements related to converter station components such as valves, circuit breakers, and reactors, among others, are also fueling the market growth for HVDC transmission. Moreover, the growing need for integration of power grids globally for seamless electricity exchange is expected to provide growth opportunities for market players. ...... Read More |
January 30, 2019 |
VOC Sensors and Monitors Market worth $176 million by 2023The report "VOC Sensors and Monitors Market by Device Type (Sensors and Monitors), Application (Industrial Process Monitoring, Environmental Monitoring, Air Purification & Monitoring, and Leak Detection), and Geography - Global Forecast to 2023" The VOC sensors and monitors market is expected to grow from USD 140 million in 2018 to USD 176 million by 2023, at a CAGR of 4.6% from 2018 to 2023. The growth of this market can be attributed to the increasing enforcement of occupational health and safety regulations by governments. ...... Read More |
January 29, 2019 |
Curing Agents Market worth $5.9 billion by 2023The report "Curing Agents Market by Type (Epoxy, Polyurethane, Silicone Rubber, and Others), Application (Coatings, Electrical & Electronics, Composites, Adhesives, Construction, Wind Energy, and Others), and Region - Global Forecast to 2023" The global curing agents market is projected to grow from USD 4.2 billion in 2018 to USD 5.9 billion by 2023, at a CAGR of 6.80% between 2018 and 2023. Curing agents are widely used in applications such as coatings, electrical & electronics, composites, adhesives, construction, and wind energy. This is expected to drive the curing agents market. ...... Read More |
January 29, 2019 |
Vehicle Scanner Market worth $2.3 billion by 2025The report "Vehicle Scanner Market by Scanner (fixed, portable), Structure (drive-through, UVSS), Application (Critical Infrastructure Protection, Commercial), Technology (Sensing, Illuminating, Scanning, Imaging, Processing), Component - Global Forecast to 2025", Global vehicle scanner market is projected to grow at a CAGR of 6.28% from USD 1.5 billion in 2018 to reach USD 2.3 billion by 2025. ...... Read More |
January 29, 2019 |
Traction Inverter Market worth $7.7 billion by 2025The report "Traction Inverter Market Propulsion Type (BEV, HEV, and PHEV), Output Power Type (<=130 kW and >130 kW), Technology Type (IGBT and MOSFET), Semiconductor Materials Type (GaN, Si, and SiC), by Vehicle Type (PC and CV), and Region - Global Forecast to 2025", Global Traction Inverter Market is projected to grow at a CAGR of 17.57% from USD 2.5 billion in 2018 to reach USD 7.7 billion by 2025. ...... Read More |
January 29, 2019 |
Electric Vehicle Inverters Market worth $7.7 billion by 2025The report "Electric Vehicle Inverters Market by Propulsion Type (BEV, HEV, and PHEV), Output Power Type (<=130 kW and >130 kW), Technology Type (IGBT and MOSFET), Semiconductor Materials Type (GaN, Si, and SiC), By Vehicle Type (PC and CV), and Region-Global Forecast to 2025" Global Electric Vehicle Inverters Market is projected to grow at a CAGR of 17.57% from USD 2.5 billion in 2018 to reach USD 7.7 billion by 2025. ...... Read More |
January 29, 2019 |
Truck Refrigeration Unit Market worth $15.0 billion by 2025The report "Truck Refrigeration Unit Market by Type (Roof Mount, Split), Industry (Frozen Food, Pharma & Chemical, Ambulance & Passenger Transport), Bus Length (<8, 8-12,>12m), Trailer Size (20 & 40ft), Application, Vehicle Type and Region - Global Forecast to 2025", The truck refrigeration unit market is estimated to be USD 10.5 billion in 2018 and is projected to reach USD 15.0 billion by 2025, at a CAGR of 5.21%. The growing LCV sales worldwide and increasing demand for frozen and chilled goods all over the world are projected to drive the truck refrigeration unit market. ...... Read More |
January 28, 2019 |
Track Geometry Measurement System Market worth $3.7 billion by 2024According to the new market research report "Track Geometry Measurement System Market by Measurement Type (Gauge, Twist, and Vertical Profile), Operation Type (No Contact and Contact), Railway Type (High Speed, Mass Transit, Heavy Haul, and Light), Component, and Geography - Global Forecast to 2024", the TGMS market is expected to be worth USD 2.8 billion in 2019 and reach USD 3.7 billion by 2024, at a CAGR of 6.00% from 2019 to 2024. The growth of this market can be attributed to the high demand for track geometry measurement systems from high-speed railways, especially from APAC and Europe. ...... Read More |
January 28, 2019 |
Marketing Attribution Software Market worth $3.6 billion by 2023The report "Marketing Attribution Software Market by Component (Solution and Services), Attribution Type (Single Source, Multi Source, and Probabilistic or Algorithmic), Organization Size, Deployment Type, Vertical, and Region - Global Forecast to 2023", The global marketing attribution software market size is expected to grow from USD 1.8 billion in 2018 to USD 3.6 billion by 2023, at a CAGR of 14.4% during the forecast period. An increasing need to optimize the marketing spend and effective tracking of customer behavior for targeted marketing activities are the major growth factors for the global marketing attribution software market. ...... Read More |
January 25, 2019 |
Load Monitoring System Market worth $3.3 billion by 2024 with a growing CAGR of 4.0%According to the new market research report "Load Monitoring System Market by Offering (Load Cell, Indicator & Controller, Data Logging Software), Technology (Analog, Digital), Industry (Automotive, Healthcare, Marine, Construction), and Geography - Global Forecast to 2024", the load monitoring system market is estimated to be worth USD 2.6 billion in 2018 and is expected to reach USD 3.3 billion by 2024, at a CAGR of 4.0% during the forecast period. The major factors fueling the growth of the load monitoring system market include rise in demand for load monitoring system in healthcare, increase in use of load monitoring system for testing and monitoring aircraft parts, decline in instrumental errors owing to technological innovations in load cells, and increase in demand for remote load monitoring. ...... Read More |
January 25, 2019 |
Sensor Bearing Market worth $6.5 billion by 2023The report "Sensor Bearing Market by Functionality (Speed, Temperature, Vibration, Displacement), Application (ABS, Material Handling Equipment, Electric Motors), End-use Industry (Automotive, Transportation, Metal & Mining), and Region - Global Forecast to 2023", The sensor bearing market is expected to grow from USD 5.1 billion in 2018 to USD 6.5 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period. The major factors driving the sensor bearing market are increasing demand for sensor bearings from end-use industries, such as automotive and transportation, and the enforcement of stringent regulations related to the mandatory installation of ABS systems in cars in various Asia Pacific and European countries. ...... Read More |
January 24, 2019 |
Smart Pneumatics Market worth $4.6 billion by 2023According to the new market research report "Smart Pneumatics Market by Component (Hardware, Software, and Services), Type (Valves, Actuators, and Modules), Industries (Automotive, Semiconductor, Food & Beverage, Water & Wastewater, Oil & Gas), and Geography - Global Forecast to 2023", The global smart pneumatics market was valued at USD 3.3 billion in 2018 and is projected to reach USD 4.6 billion by 2023, at a CAGR of 6.7% from 2018 to 2023. The growth of this market can be attributed to the penetration of digitization and IIoT. The integration of IIoT enables companies to connect sensors used for monitoring parameters, such as vibration, temperature, and noise, to the Internet and monitor their pneumatic systems in real time. IIoT offers a single platform where companies can integrate all the data, and process them as required. Moreover, the use of IIoT for condition monitoring and predictive maintenance can help ensure high uptime of critical assets, particularly those that have random failure patterns. The increase in the adoption of IIoT presents an opportunity for the smart pneumatics market. ...... Read More |
January 24, 2019 |
Low GWP Refrigerants Market worth $28.7 billion by 2023The report "Low GWP Refrigerants Market by Type (Inorganics, Hydrocarbons, Fluorocarbons), Application (Commercial Refrigeration, Industrial Refrigeration, Domestic Refrigeration), and Region (Asia Pacific, Europe, North America) - Global Forecast to 2023" The low GWP refrigerants market is expected to grow from USD 16.5 billion in 2018 to USD 28.7 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 11.7% during the forecast period. The major factors driving the low GWP refrigerants market are the low environmental impact of low GWP refrigerants, phasing out of CFC, HCFC, and HFC refrigerants, and the increasing demand for refrigerants and air conditioners across the globe. ...... Read More |
January 24, 2019 |
End User Experience Monitoring Market worth $3.7 billion by 2023The report "End User Experience Monitoring Market by Component (Products and Services), Access Type (Web and Mobile), Deployment Type, Organization Size, Vertical (BFSI, IT and Telecommunications, and Government and Public Sector), and Region - Global Forecast to 2023", The global EUEM market size is expected to grow from USD 1.5 billion in 2018 to USD 3.7 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 20.7% during the forecast period. The growing number of agents to provide better end user experience, increasing need to measure business impact of end user experience, and changing end user expectations are major growth factors for the EUEM market. ...... Read More |
January 22, 2019 |
Event Stream Processing Market worth $1,838 million by 2023The report "Event Stream Processing Market by Application (Fraud Detection, Predictive Maintenance, Algorithmic Trading, and Network Monitoring), Component, Deployment Mode, Type (Data Integration and Analytics), Vertical, and Region - Global Forecast to 2023", The global Event Stream Processing (ESP) market size is expected to grow from USD 690 million in 2018 to USD 1,838 million by 2023, at a Compound Annual Growth Rate (CAGR) of 21.6% during the forecast period. The major factor fueling the market growth is the increasing demand for Internet of Things (IoT) and smart devices driving the adoption of ESP solutions. The rising adoption of ESP solutions in modern applications and the growing investments and funding in the ESP start-ups could provide growth opportunities for vendors in the market. ...... Read More |
January 22, 2019 |
Display Driver Market worth $9.1 billion by 2023According to the new market research report on "Display Driver Market by Driver Type (DDIC, TDDI), Package Type (COF, COG), Device (Smartphone, Television, Automotive, Smart Wearables, HMD, Monitor), Display Technology (LCD, OLED), Display Size, and Geography - Global Forecast to 2023", The display driver market is estimated to grow from USD 7.1 billion in 2018 to USD 9.1 billion by 2023, at a CAGR of 5.1% between 2018 and 2023. Increasing demand for OLED and flexible displays and highly priced and advanced display drivers contribute significantly to the growth of the display driver market. Growth in the use of 4K and 8K televisions and availability of UHD content and evolving role of DDICs in individual components and single integration chips also drive the growth of the market for display driver ICs. ...... Read More |
January 18, 2019 |
Digital Vault Market worth $892 million by 2023The report "Digital Vault Market by Component (Solutions and Services), Services (Consulting, Design and Implementation, Support and Maintenance, and Managed Services), Organization Size, Industry, and Region - Global Forecast to 2023", The global digital vault market size is expected to grow approximately from USD 471 million in 2018 to USD 892 million by 2023, at a Compound Annual Growth Rate (CAGR) of 13.6% during the forecast period. Increasing regulations and compliances to protect sensitive data and rising concerns for protecting data generated from connected devices are major growth factors for the digital vault market. ...... Read More |
January 18, 2019 |
Hybrid Fiber Coaxial Market worth $13.6 billion by 2023According to the new market research report "Hybrid Fiber Coaxial Market by Technology (DOCSIS 3.0 & Below and DOCSIS 3.1), Component (CMTS/CCAP, Fiber Optic Cable, Amplifier, Optical Node, Optical Transceiver, Splitter, and CPE), and Geography - Global Forecast to 2023", The Hybrid Fiber Coaxial market is expected to reach USD 13.6 billion by 2023 from USD 9.6 billion in 2018, at a CAGR of 8.02% during 2018–2023. ...... Read More |
January 17, 2019 |
High Performance Computing as a Service Market worth $10.0 billion by 2023According to research report "High Performance Computing as a Service Market by Verticals (BFSI, Healthcare and Life Sciences, Manufacturing), Deployment Type (Colocation, Hosted Private Cloud, Public Cloud), Component, Region - Global Forecast to 2023",The High Performance Computing as a Service market is projected to reach USD 10.0 billion by 2023 from USD 5.7 billion in 2018, at a CAGR of 11.9% during the forecast period. Growth in this market is mainly driven by faster deployment of new products and services, access to better technologies, and reduced capital costs. ...... Read More |
January 16, 2019 |
Terrestrial Laser Scanning Market worth $4.4 billion by 2023According to the new market research report on "Terrestrial Laser Scanning Market by Solution (TLS System, TLS Services), Application (Building Information Modelling (BIM), Surveying, Research & Development), Type (Phase-Shift, Pulse-Based and Mobile Scanner), and Region - Global Forecast to 2023", The terrestrial laser scanning market is estimated at USD 3.0 billion in 2018 and is projected to reach USD 4.4 billion by 2023, at a CAGR of 8.17% from 2018 to 2023. Factors such as the increasing demand for land surveys across the globe and the growing requirement of digitalization in infrastructure industry in Asia Pacific and the Middle East are expected to fuel the growth of the terrestrial laser scanning market. ...... Read More |
January 16, 2019 |
Aerospace Plastics Market worth $20.7 billion by 2023The report "Aerospace Plastics Market by Polymer Type (PEEK, PMMA, PC, PPS, ABS), Aircraft Type (Commerical, General & Business, Military, Rotary), Application (Cabin Windows & windshield, Cabin Lighting, Overhead Storage Bins), and Region - Global Forecast to 2023" The aerospace plastics market is projected to grow from USD 14.7 billion in 2018 to USD 20.7 billion by 2023 at a CAGR of 7.1% from 2018 to 2023. The growth of the aerospace plastics market can be attributed to the increasing demand for lightweight and more efficient aircraft, increasing passenger transportation due to affordable carriers in emerging regions, replacement of old aircraft and modernization of existing aircrafts, and growth of the aviation industry in developing economies. ...... Read More |
January 16, 2019 |
Automatic Weapons Market worth $8.7 billion by 2023According to the new market research report "Automatic Weapons Market by Product (Automatic Rifle, Machine Gun, Automatic launchers, Automatic Cannon, Gatling Gun), End Use (Land, Airborne, Naval, Handheld & Stationary), Caliber (Small, Medium, Large), Type, and Region - Global Forecast to 2023", The automatic weapons market is projected to grow from USD 6.0 billion to USD 8.7 billion by 2023, at a CAGR of 7.82% from 2018 to 2023. This growth can be attributed to the increasing incidences of armed conflicts, war, and terrorism, which are driving the demand for automatic weapons globally. ...... Read More |
January 15, 2019 |
Dental Biomaterials Market worth $9.6 Billion by 2023The report "Dental Biomaterials Market by Type (Metallic (Titanium, Stainless Steel, Chromium Alloy, Amalgam, Gold), PFM, Ceramic, Bone Graft, Polymer Biomaterials), Application (Implantology, Prosthetic, Orthodontic), End User - Global Forecast to 2023", The dental biomaterials market is projected to reach USD 9.6 billion by 2023 from an estimated USD 6.7 billion in 2018, at a CAGR of 7.4%. The increasing prevalence of dental disorders, rising geriatric population, growing dental tourism in developing countries, and increasing disposable income are the major factors driving the growth of this market. ...... Read More |
January 15, 2019 |
Transcritical CO2 Systems Market $61.8 billion by 2023The report "Transcritical CO2 Systems Market by Function (Refrigeration, Heating, Air Conditioning), Application (Supermarkets And Convenience Stores, Heat Pumps, Food Processing & Storage Facilities, Ice Skating Rinks), and Region - Global Forecast to 2023" The transcritical CO2 systems market is expected to grow from USD 27.2 billion in 2018 to USD 61.8 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 17.9% during the forecast period. The major driving factors for the transcritical CO2 systems market are low environmental impact of transcritical CO2 systems, phasing out CFC, HCFC, and HFC refrigerants, increasing demand for refrigeration and air-conditioning applications, and lower operating cost of transcritical CO2 refrigeration systems. ...... Read More |
January 15, 2019 |
IoT in Education Market worth $11.3 billion by 2023The report "IoT in Education Market by Component (Hardware, Solutions & Services), End User (Academic Institutions & Corporates), Application (Learning Management, Classroom Management, Administration Management & Surveillance), and Region - Global Forecast to 2023", The global IoT in education market size is expected to grow from USD 4.8 billion in 2018 to USD 11.3 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 18.8% during the forecast period. Major growth factors for the IoT in education market include an increasing use of connected devices in the education institutions, rapid adoption of eLearning, and availability of cloud-based solution. ...... Read More |
January 14, 2019 |
Wearable Materials Market worth $2.9 billion by 2023The report "Wearable Materials Market by Application (Consumer Electronics, Medical, Industrial), Type (Silicones, Polyurethanes, Fluoroelastomers), Region (APAC, North America, Europe, South America,and Middle East & Africa) - Global Forecast to 2023" The wearable materials market size is projected to grow from USD 1.5 billion in 2018 to USD 2.9 billion by 2023, at a CAGR of 15.0% between 2018 and 2023. Increasing consumer preference for sophisticated gadgets, growing popularity of connected devices, and rising disposable income are driving the wearable materials market. Volatility in raw material prices and lack of durable, supple materials restrain the growth of the wearable materials market. ...... Read More |
January 14, 2019 |
Specialty Polystyrene Resin Market worth $126 million by 2023The report "Specialty Polystyrene Resin Market by Function (Protection, Insulation, Cushioning & Others), Application (Protective Packaging, Building & Construction, Automotive & Transportation, Electronics, Healthcare), and Region - Global Forecast to 2023" The specialty polystyrene resin market is projected to grow from USD 111 million in 2018 to USD 126 million by 2023, at a CAGR of 2.64% during the forecast period. The major factors driving the specialty polystyrene resin market include the increase in demand for protection from end-use industries such as packaging, building & construction, healthcare, and electrical & electronics. Focus on the reduction of greenhouse gas emissions and strict government regulations on the construction of energy-efficient buildings with better insulation properties are expected to drive the demand for specialty polystyrene resin. ...... Read More |
January 11, 2019 |
Livestock Grow Lights Market worth $8.6 billion by 2023The report "Livestock Grow Lights Market by Type (Fluorescent, Light-Emitting Diode (LED), Incandescent, and Hid), Livestock (Cattle, Poultry, Swine, and Others), Installation Type (Retrofit and New Installation), and Region - Global Forecast to 2023" The livestock grow lights market is projected to grow from USD 6.3 billion in 2018 to USD 8.6 billion by 2023, at a CAGR of 6.4% during the forecast period. The major factors driving the livestock grow lights market include the increasing demand and consumption of animal-based products such as meat, milk, and eggs. Further, rising focus on livestock welfare and growth along with technological innovation for smart farming practices is projected to drive the market. ...... Read More |
January 11, 2019 |
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