Press Release

Natural Personal Care Ingredients Market worth $7.9 billion by 2028

The report "Natural Personal Care Ingredients Market by Type (Emollients, Surfactnats, Rheology Modifiers, Preservatives, Active Ingredients), Application (Skin Care, Hair Care, Make-up, Oral Care), and Region - Global Forecast to 2028", size was USD 5.3 billion in 2022 and is projected to reach USD 7.9 billion by 2028, at a CAGR of 8.3%, between 2023 and 2028.

• Published: February 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 industry size 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.

• Published: February 2024

Space-Based Solar Power Industry worth $6.8 billion by 2040

• Published: February 2024

Organosheet Market worth $1.0 billion by 2028

The report "Organosheet Market by Fiber Type (Carbon Fiber, Glass Fiber), Resin Type (PA, PP, PC, PEEK), Application (Aerospace & Defense, Transportation, Sports & Leisure, Construction), & Region (North America, APAC, Europe, MEA) - Global Forecast to 2028", is estimated at USD 0.6 billion in 2023 and is projected to reach USD 1.0 billion by 2028, at a CAGR of 12.0% from 2023 to 2028. The growth of the organosheet market is being driven by a number of factors, including increasing demand from aerospace applications, extensive use of composites in construction industry, high durability and fatigue resistance, and increasing demand for lightweight materials from automotive industry. The high processing and manufacturing cost of organosheets could hinder market growth. The high demand of organosheets from electric vehicles and cost reduction of carbon fiber composites has boosted the organosheet market.

• Published: February 2024

Learning Management System Industry worth $51.9 billion by 2028

According to a research report "Learning Management System Market by Delivery Mode (Distance Learning, Instructor-led Learning, Blended Learning), Application Area (Corporate Training & Development, Professional Certification & Compliance, Course Management) - Global Forecast to 2028 " published by MarketsandMarkets, the learning management system market is expected to grow from USD 22.1 billion in 2023 to USD 51.9 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 18.6% during the forecast period. The increasing adoption of digital learning solutions across educational institutions, corporate sectors, and government organizations is fueling the demand for LMS platforms.

• Published: February 2024

Digital Scent Technology Industry worth $2.0 billion by 2029

The report "Digital Scent Technology Market by Hardware Device (E-Nose, Scent Synthesizers), End-Use Product (Medical Diagnostic Products, Quality Control Products), Application (Medical, Food & Beverages, Military & Defense) and Region - Global Forecast to 2029" The Digital Scent Technology industry size is projected to grow from USD 1.2 billion in 2024 and is estimated to reach USD 2.0 billion by 2029; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 10.5% from 2024 to 2029. The Digital Scent Technology industry growth is driven by the growing adoption of e-noses in food industry for process monitoring, freshness evaluation, and authenticity assessment; increasing adoption of compact, portable, and IoT-enabled e-noses.

• Published: February 2024

3D and 4D Technology Industry worth $866.5 billion by 2029

The report "3D and 4D Technology Market by Solution Type (3D & 4D Input Devices, 3D and 4D Imaging Solutions, 3D Output Devices), End Use Application (3D and 4D Gaming, 3D & 4D Cinema), Vertical (Entertainment, Military and Defense) Region - Global Forecast to 2029" The 3D and 4D technology Industry size is projected to grow from USD 399.7 billion in 2024 to reach USD 866.5 billion by 2029; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 16.7% from 2024 to 2029.The growth of the 3D and 4D technology Industry is driven by surge in the trend of 3D and 4D gaming, rising demand for 3D-enabled devices across verticals, and rising demand for 3D and 4D technology in entertainment industry.

• Published: February 2024

Textile Coatings Market worth $5.4 billion by 2028

The Report "Textile Coatings Market by Type (Thermoplastic, Thermoset), End-use Industry (Transportation, Building & Construction, Protective Clothing, Industrial, Medical), and Region (North America, Europe, APAC, South America, MEA) - Global Forecast to 2028", size was USD 4.4 billion in 2023 to USD 5.4 billion by 2028, at a CAGR of 4.6% from 2023 to 2028.

• Published: February 2024

Racing Simulator Industry worth $1.1 billion by 2030

According to a research report "Racing Simulator Market by Type (Compact, Mid- & Full-Scale), Application (Personal & Commercial), Offering (Hardware & Software), Vehicle Type (Passenger Cars & Commercial Vehicle), Sales Channel (Online & Offline), Component & Region – Global Forecast to 2030" published by MarketsandMarkets, The racing simulator market is projected to grow from USD 0.5 billion in 2024 to USD 1.1 billion by 2030 at a CAGR of 15.6% during the forecast period.

• Published: February 2024

Hard Coatings Market worth $1.7 billion by 2028

The report "Hard Coatings Market by Material Type (Nitrides, Oxides, Carbides, Carbon, Borides, Multi-Component), Deposition Techniques (PVD, CVD), Application, End-use industry, and Region (North America, Europe, APAC, South America, MEA) - Global Forecast to 2028", is projected to reach a market size of USD 1.7 billion by 2028 from USD 1.2 billion in 2023, at a CAGR of 7.0%. Asia Pacific is one of the largest markets for hard coatings. The demand for hard coatings is increasing in cutting tools, decorative coatings, Optics, and Gears. The demand from developing nations, such as India, China, Malaysia, Germany, Mexico, and Brazil is expected to drive the global hard coatings market.

• Published: February 2024

LED Lighting Industry worth $118.4 billion by 2029

According to a research report "LED Lighting Market by Product (Lamps, Luminaire), Application (Indoor, Outdoor), Installation (New, Retrofit), Sales Channel (Direct, retail, E-commerce) and Region (North America, Europe, APAC, Rest of the World) - Global Forecast to 2029" The global LED lighting market is projected to grow from USD 78.9 billion in 2024 to USD 118.4 billion by 2029, registering a CAGR of 8.5% during the forecast period. The LED lighting market is propelled by a combination of key drivers that have contributed to its widespread adoption globally. Energy efficiency stands out as a primary driver, with LED technology offering significant reductions in energy consumption compared to traditional lighting sources.

• Published: February 2024

Automation Testing Market worth $55.26 billion by 2028

According to a research report "Automation Testing Market by Offering (Testing Types (Static Testing and Dynamic Testing) and Services), Endpoint Interface (Mobile, Web, Desktop, and Embedded Software), Vertical (BFSI, Automotive, IT & ITeS) and Region - Global Forecast to 2028" published by MarketsandMarkets, the automation testing market is estimated at USD 28.10 billion in 2023 and is projected to reach USD 55.26 billion by 2028, at a CAGR of 14.5% from 2023 to 2028.

• Published: February 2024

Rodenticides Industry worth $7.7 billion by 2029

According to a research report "Rodenticides Market by Type (Chemical, Mechanical, Biological, And Software & Services), Mode Of Application (Pellets, Spray, And Powder), End Use  (Agriculture, Warehouses, Urban Centers), Rodent Type, & Region- Global Forecast to 2029" published by MarketsandMarkets, the global market for rodenticides is estimated at USD 5.8 billion in 2024 and is projected to reach USD 7.7 billion by 2029, at a CAGR of 5.9% during the forecast period. The global rodenticides market has witnessed remarkable growth in recent years, driven by factors like the expansion of urban areas, which has led to an increase in rodent populations due to the availability of food waste and shelter. This has led to a higher demand for effective rodent control methods, including rodenticides. Also, alterations in weather patterns and temperatures have the potential to impact rodent populations, as certain species may flourish in warmer climates. As climate change continues, there are notable shifts in rodent habitats and behavior, necessitating adaptations in the use of rodenticides.

• Published: February 2024

Synthetic Lubricants Market worth $48.0 billion by 2028

The report "Synthetic Lubricants Market by Type (Polyalphaolefins (PAOs), Esters, Poly Alkyne Glycols (PAGs), Group III), Product Type (Engine Oils, Hydraulic Fluids, Metalworking Fluids, Compressor Oils, Turbine Oils), & Region - Global Forecast to 2028" market size of Synthetic Lubricants is estimated at USD 41.2 billion in 2023 and is projected to reach USD 48.0 billion by 2028, at a CAGR of 3.1%.

• Published: February 2024

Commercial Electric Aircraft Industry worth $1,467 million by 2035

The report "Commercial Electric Aircraft Market by Platform (Regional Transport Aircraft, Business Jets), Range (<200 Km, 200-500 Km, >500 Km), Power (100-500 kW, >500 kW) and Region (North America, Europe, Asia Pacific, Rest of the World) - Global Forecast to 2035" The Commercial Electric Aircraft Market is estimated to be USD 97 million in 2026 to USD 692 million in 2031 and is projected to reach USD 1,467 million by 2035, at a CAGR of 20.7% from 2031 to 2035

• Published: February 2024

Microbiome Diagnostics Market worth $300 million by 2028

The report "Microbiome Diagnostics Market by Product (Kits & Reagents, Instruments), Technology (16s rRNA Sequencing, Shot Gun Metagenomics, Metatranscriptomics), Sample (Fecal, Saliva, Skin), Application (GI, Metabolic Disorders) - Global Forecast to 2028", is projected to reach USD 300 million by 2028 from USD 146 million in 2023, at a CAGR of 15.5% during the forecast period. The microbiome diagnostics market is driven by the growing demand of personalized medicine, the collaborative efforts between the microbiome industry and academia for microbiome research and increasing incidences of diseases in the microbiome-based diagnostics market. Growth in emerging countries and increased collaboration of industry players to work on new microbiome technology are anticipated to offer lucrative growth opportunities for the microbiome diagnostics market.

• Published: February 2024

Industry 5.0 Industry worth $255.7 billion by 2029

The report "Industry 5.0 Market by Technology (Digital Twin, Al in Manufacturing, Industrial Sensors, Augmented & Virtual Reality, Industrial 3D Printing, Robotics), Sustainability (Waste-to-Energy Conversion, Recycle, Material), Industry - Global Forecast to 2029" The global industry 5.0 Industry is expected to be valued at USD 65.8 billion in 2024 and is projected to reach USD 255.7 billion by 2029; it is expected to grow at a CAGR of 31.2 % from 2024 to 2029. Several factors are propelling the growth of the Industry 5.0 Industry across diverse industries, including rapid technological advancements in artificial intelligence, robotics, the Internet of Things (IoT), and industrial 3d printing. This evolution responds to the increasing demand for customized products and personalized experiences, fostering a human-centric approach to manufacturing that empowers workers with advanced tools and technologies

• Published: February 2024

Next Generation Emergency Response System Market worth $3.3 billion by 2028

According to a research report "Next Generation Emergency Response System Market by End User (Public Safety Answering Points, Law Enforcement Agencies, Fire Departments, Emergency Medical Services, Search & Rescue Teams, Hazardous Materials Response Units) - Global Forecast to 2028" published by MarketsandMarkets, the next generation emergency response system market size is projected to grow from USD 2.4 billion in 2023 to USD 3.3 billion by 2028, at a CAGR of 7.0% during the forecast period.

• Published: February 2024

Plate and Tube Heat Exchanger Market worth $884 million by 2028

The report "Plate and Tube Heat Exchanger Market by Material Type (Stainless Steel, Titanium Alloy, Copper, Aluminum, Nickel Alloys), End-use Industry (Chemical, Petrochemical & Oil, Gas, HVAC & Refrigeration, Power Generation), & Region - Global Forecast to 2028", is projected to reach USD 884 million by 2028, at a CAGR of 6.5% from USD 645 million in 2023.

• Published: February 2024

EMC Shielding and Test Equipment Industry worth $11.3 billion by 2029

According to the new market research report "EMC Shielding and Test Equipment Market by Material (Conductive Coatings & Paints, Conductive Polymers, EMC Filters), Test Equipment (Spectrum Analyzers, EMI Receivers, Amplifiers, Test Chambers) Method (Radiation, Conduction) - Global Forecast to 2029" The global EMC shielding and test equipment industry size is expected to be valued at USD 8.4 billion in 2024 and is projected to reach USD 11.3 billion by 2029; it is expected to grow at a CAGR of 6.2% from 2024 to 2029. The EMC shielding and test equipment industry is driven by the demand for energy efficiency in telecommunications and automotive sectors, aligning with rising adoption of electric vehicles and integration of 5G technology.

• Published: February 2024

Organ-On-Chip Industry worth $631,073 thousand by 2029, with a CAGR of 38.6%

The report "Organ-On-Chip Market by Organ Type (Liver, Kidney, Intestine, Lung, Heart), Products (Instruments, Consumable, Software), Services (Standard, Custom), Model Type, Application (Toxicology, Drug Discovery, Stem Cell), Purpose - Global Forecast to 2029", is expected reach USD 631,073 thousand by 2029 from USD 123,285 thousand in 2024, at a CAGR of 38.6% during the forecast period.

• Published: February 2024

Automotive Transmission Market worth $84.2 billion by 2028

According to a research report "Automotive Transmission Market by Transmission Type (Manual Transmission, Automatic Transmission, CVT, DCT, AMT), Fuel Type, Vehicle Type, Hybrid Vehicle, Two-Wheeler Transmission, Number of Forward Gears and Region - Global Forecast to 2028" published by MarketsandMarkets, the global automotive transmission market is projected to grow from USD 62.4 billion in 2023 to USD 84.2 billion by 2028, at a CAGR of 6.2% from 2023 to 2028.

• Published: February 2024

Contrast Media Industry worth $9.7 billion by 2029, with a CAGR of 7.5%

The report "Contrast Media Market by Type (Iodinated Contrast Media), Form (Liquid, Powder), Modality (X-ray, CT, MRI, Ultrasound), Route of Administration (Oral, Rectal), Indication (Cancer, Neurological, GI, Musculoskeletal Disorders) - Global Forecast to 2029", is projected to reach USD 9.7 billion by 2029 from USD 6.3 billion in 2023, at a CAGR of 7.5% during the forecast period. Growth in the contrast media market is mainly driven by the rising number of diagnostic centers and hospitals, growing approvals of contrast media, and availability of reimbursement. Increasing research on contrast media and growth opportunities in emerging economies also contribute to the growth of the market. In addition, emerging markets such as India and China are expected to offer growth opportunities for players operating in the contrast media market during the forecast period. However, side effects associated with the use of contrast media are restricting the growth of this market.

• Published: February 2024

Antifog Films & Sheets Market worth $4.8 billion by 2028

The report "Antifog Films & Sheets Market by Type (Polyester Films, BOPP Films, Polycarbonate Films), Application (Food Packaging Films, Agricultural Films, Windshields, Mirrors), Technology (Kneading Surfactant, UV Coatings), and Region - Global Forecast to 2028", size is projected to grow from USD 3.7 billion in 2023 to USD 4.8 billion by 2028, at a CAGR of 5.1% from 2023 to 2028. Antifog films and sheets are specialized materials designed to prevent the formation of condensation or fog on transparent surfaces. These surfaces can include glass or plastic, and antifog solutions are applied to maintain clear visibility. The primary purpose of antifog films and sheets is to enhance visual clarity by reducing or eliminating the occurrence of fogging, especially in conditions where temperature or humidity variations may lead to condensation. The growing trend toward convenience foods and on-the-go consumption has led to an increased demand for clear and attractive packaging. Antifog films play a crucial role in maintaining the visual appeal of these packaged convenience foods.

• Published: February 2024

Underwater Warfare Industry worth $5.7 billion by 2028

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

• Published: February 2024

Translation Management Systems Industry worth $5.7 billion by 2030

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

• Published: February 2024

Agricultural Lubricant Market worth $7.7 billion by 2028

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

• Published: February 2024

Self-Sovereign Identity (SSI) Industry worth $47.1 billion by 2029

According to a research report "Self-Sovereign Identity (SSI) Market by Offering (Solutions and Services), Identity Type (Biometrics and Non-biometrics), Network, Organization Size, Vertical (BFSI, IT & ITES, and Healthcare) and Region - Global Forecast to 2029" published by MarketsandMarkets, the global self-sovereign identity (SSI) market size is projected to grow from USD 1.8 billion in 2024 to USD 47.1 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 90.5% during the forecast period. The increasing prevalence of identity theft is compelling organizations to adopt self-sovereign identity (SSI) solutions for more robust authentication and identity protection. Concurrently, small and medium-sized enterprises (SMEs) drive SSI growth through innovative technologies and partnerships, offering tailored identity management solutions across sectors.

• Published: February 2024

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

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

• Published: February 2024

Reticulated Foam Market worth $683 million by 2028

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

• Published: February 2024

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

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

• Published: February 2024

Hernia Repair Market worth $5.1 billion by 2029

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

• Published: February 2024

Cloud Migration Services Industry worth $29.2 billion by 2028

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

• Published: February 2024

Recycling Water Filtration Industry worth $3.8 billion by 2028

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

• Published: February 2024

Brine Concentration Minerals Market worth $1.7 billion by 2029

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

• Published: February 2024

Pharmacogenomics Market worth $5.8 billion by 2028

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

• Published: February 2024

Satellite Data Services Industry worth $20.9 billion by 2028

• Published: February 2024

LED Packaging Industry worth $19.4 billion by 2029

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

• Published: February 2024

Epoxidized Soybean Oil Market worth $648 million by 2028

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

• Published: February 2024

Organic Peroxide Market worth $2.6 billion by 2030

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

• Published: February 2024

Fleet Management Market worth $55.58 billion by 2028

According to a research report "Fleet Management Market Size, Share, Growth Analysis, by Component (Services, Solutions (Operations Management, Vehicle Maintenance & Diagnostics, Performance Management)), Fleet Type (Commercial Fleets, Passenger Vehicles), Vertical, and Region - Global Forecast to 2028" published by MarketsandMarkets, the fleet management market is estimated at USD 28.59 billion in 2023 and is projected to reach USD 55.58 billion by 2028, at a CAGR of 14.2% from 2023 to 2028.

• Published: February 2024

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

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

• Published: February 2024

Medical Nitrous Oxide Market worth $2.8 billion by 2029

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

• Published: February 2024

Carbon & Graphite Felt Market worth $871 million by 2029

The report "Carbon & Graphite Felt Market by Product Type (Soft Felt and Rigid Felt), Raw Material type (PAN, Rayon, and Pitch), Type (Carbon Felt and Graphite Felt), Application (Furnace, Batteries, and Filters), and Region - Global Forecast 2029", is estimated at USD 551 million in 2024 and is projected to reach USD 871 million by 2029, at a CAGR of 9.6% from 2024 to 2029. Carbon felts and graphite felts are non-woven fabric that has been made from PAN, pitch and rayong type raw material. These non-woven fabric gets passed through various processes such as graphitizing, carbonizing, pressing, mixing in order to form carbon & graphite felts.

• Published: February 2024

Transfection Technologies Market worth $1.8 billion by 2028

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

• Published: February 2024

Hydrogen Fuel Cell Vehicle Market worth $2.1 billion by 2030

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

• Published: February 2024

Machine-to-machine (M2M) Connections Industry worth $5.3 billion units by 2029

The report "Machine-to-machine (M2M) Connections Market by Technology (Wired, Wireless), End-user Industry (Automotive & Transportation, Utilities, Security & Surveillance, Healthcare, Retail, Consumer Electronics) and Region - Global Forecast to 2029" The machine-to-machine (M2M) connections industry size is projected to grow from USD 2.9 billion units in 2024 to USD 5.3 billion units by 2029, registering a CAGR of 12.7% during the forecast period. The market growth is attributed to increasing support by the government towards M2M connections and the growing popularity of smart cities and connected cars. Furthermore, the emergence of M2M devices in telemedicine is expected to create lucrative opportunities for the market.

• Published: February 2024

M2M Satellite Communication Market worth $28.7 billion by 2028

According to a research report "M2M Satellite Communication Market by Offering (Hardware, Software Types, Services), Technology (Satellite Constellation (LEO, MEO, GEO), Data Transmission, VSAT, AIS), Vertical (Maritime, Military & Defense) and Region - Global Forecast to 2028" published by MarketsandMarkets, the market for M2M satellite communication will expand at a compound annual growth rate (CAGR) of 13. 1% from USD 15. 5 billion in 2023 to USD 28. 7 billion in 2028. The use of satellite networks to enable seamless communication between machines and devices worldwide is the focus of the M2M satellite communication market. Remote connectivity is made possible for a variety of industries, and it offers robust dependable and often instantaneous data transfer for applications in locations where traditional terrestrial networks might be limited or nonexistent. This market niche is still growing since it can facilitate IOT remote monitoring asset tracking and other critical functions in challenging environments.

• Published: February 2024

Fluorescent Pigment Market worth $498 million by 2028

The report "Fluorescent Pigment Market by Formulation (Organic, Inorganic), Characteristic Type, Type, Intensity (High Intensity, Medium Intensity, Low Intensity), Application (Paints & Coatings, Printing Inks), End-Use Industry, & Region - Global Forecast to 2028" Fluorescent pigment market is projected to reach USD 498 million by 2028, at a CAGR of 5.7% from USD 377 million in 2023.

• Published: February 2024

Instrument Transformers Industry Growth News - Growing at CAGR of 5.8%

According to a research report "Instrument Transformers Market by Type (Current, potential, and combined), Installation (liquid, SF6 gas, solid), Enclosure (indoor and outdoor), Voltage, End-User, and Region (North America, Europe, APAC, Latin America, MEA) - Global Forecast to 2030" published by MarketsandMarkets, the global instrument transformers market is projected to grow from an estimated USD 7.1 billion in 2023 to USD  10.6 billion by 2030, demonstrating a CAGR of 5.8% during the forecasted period.

• Published: February 2024