Press Release

Automotive Carbon Thermoplastic Market worth $983 million by 2028

The report "Automotive Carbon Thermoplastic Market by Resin Type (PA, PEEK, PPS, PC, PP), Application (Exterior, Interior, Chassis, Powertrain & UTH), and Region (North America, Europe, APAC, Latin America, MEA) - Global Forecast to 2028", is estimated at USD 522 million in 2023 and is projected to reach USD 983 million by 2028, at a CAGR of 13.5% from 2023 to 2028. Thermoplastic composites enable the automobile manufacturers to produce affordable structural components to substitute the conventional metal ones. Shorter cycle times for the manufacture of components are feasible with the use of thermoplastics. At the same time, the overall production costs can be reduced through automated volume production. Some of the critical production factors are: flexibility of design, low tooling costs, ease of injection molding, and suitability for welding. The potential of thermoplastic composites in this area is great. There are excellent possibilities for combining advanced materials with technologies that are already used in the plastics processing.

• Published: November 2023

Service Integration and Management Market worth $6.0 billion by 2028

According to a research report "Service Integration and Management Market by Component (Solutions (Business Solutions, Technology Solutions), Services (Integration & Implementation, Consulting)), Organization Size, Vertical (Manufacturing, It & ITeS, BFSI) & Region - Global Forecast to 2028" published by MarketsandMarkets, the service integration and management market size is expected to grow from USD 4.8 billion in 2023 to USD 6.0 billion by 2028 at a compound annual growth rate (CAGR) of 4.3% during the forecast period. Service integration and management is a dynamic ecosystem that addresses the increasing challenges organizations face in managing diverse service providers. It revolves around coordinating and integrating services from both internal and external sources, creating a unified approach to service delivery. This market has grown significantly in recent years, fueled by the escalating complexity of business processes, the proliferation of service providers, and the ever-growing demand for integrated and efficient services.

• Published: November 2023

Telecom API Market worth $664.9 billion by 2028

According to a research report "Telecom API Market by Type of API (SMS, MMS, & RCS, IVR/Voice Store & Voice Control, Payment, WebRTC, ID/SSO & Subscriber, Location, M2M & IoT, Content Delivery), User (Enterprise, Partner, Internal) and Region - Global Forecast to 2028" published by MarketsandMarkets, the telecom API market size is projected to grow from USD 320.9 billion in 2023 to USD 664.9 billion by 2028, at a CAGR of 15.7% during the forecast period. Telecom operators are increasingly focusing on providing value-added services to their customers. Telecom APIs play a crucial role in enabling the development and integration of these services, such as mobile payments, messaging services, and location-based services and has led to significant market growth.

• Published: November 2023

Reactive Hot Melt Adhesives Market worth $2.6 billion by 2028

The report "Reactive Hot Melt Adhesives Market by Resin Type (Polyurethane, Polyolefin), Substrate (Plastic, Wood), Application (Automotive & Transportation, Doors & Windows, Furniture & Upholstery, Lamination, Textile), & Region - Global Forecast to 2028", is growing at a high rate due to the increased demand from various applications. The global reactive hot melt adhesives market size was USD 1.6 billion in 2022 and is projected to reach USD 2.6 billion by 2028, at a CAGR of 7.5% between 2023 and 2028. In the market for reactive hot melt adhesives, Asia Pacific is in the lead. Manufacturing and industrialization have surged as a result of the Asia Pacific region's several nations experiencing swift economic growth. This has consequently increased demand across a range of industries for sophisticated adhesive solutions like reactive hot melt adhesives.

• Published: November 2023

Graphene Coating Market worth $496 million by 2028

The report "Graphene Coating Market by Product Type (Solvent-based and Water-based), Application (Corrosion-resistant Coating, Scratch-resistant Coating, Antifouling Coating, Flame-retardant Coating), End-use industry, and Region - Global Forecast to 2028", is estimated at USD 137 million in 2023 and is projected to reach USD 496 million by 2028, at a CAGR of 29.4% from 2023 to 2028. The expansion of this market can be ascribed to the rising demand stemming from various applications such as corrosion-resistant, scratch-resistant, antifouling, flame-retardant and others. Additionally, there is a growing appetite for graphene coating in the automotive end use industry, which is serving as a driving force for the global growth of graphene coating.

• Published: November 2023

Automotive Software Market worth $32.3 billion by 2030

According to a research report "Automotive Software Market by ICE Application (ADAS, Autonomous Driving, Infotainment, Body Control & Comfort, Telematics), Software Layer (OS, Middleware, Application), Vehicle Type (PCs, LCVs, HCVs), EV Application & Region - Global Forecast to 2030" published by MarketsandMarkets, the global automotive software market size is projected to grow from USD 19.0 billion in 2023 to USD 32.3 billion by 2030, at a CAGR of 7.8%. The rise in focus towards software-defined vehicles paired with increasing penetration of ADAS features in vehicles are expected to increase the demand for automotive software solutions. Also, the strong government support for vehicle safety paired with rising adoption of software-over-the-air (SOTA) updates are anticipated to promote the revenue growth of automotive software market.

• Published: November 2023

Restorative Dentistry Market worth $7.4 billion by 2028

The report "Restorative Dentistry Market by Product (Material(Composite, Glass ionomer, Adhesive, Metal)), Rotary Instrument, Equipment (CAD/CAM, Intraoral scanner, CBCT, Xray)), End user (DSO, Clinic, Hospital), Cavity type, Key Stakeholders - Global Forecast to 2028", is projected to reach USD 7.4  billion by 2028 from USD  5.6  billion in 2023, at a CAGR of 5.5% during the forecast period. Growth in this market can primarily be attributed to the development of technologically advanced solutions. Patient compliance has concurrently increased, with a sharp rise in the demand for cosmetic dentistry procedures. Adhesive dentistry is an area that has gained attention this uses composite materials to improve aesthetics and strengthen teeth with minimal damage to tooth structures. As a result, the number of people opting for such procedures increases.

• Published: November 2023

Software-Defined Networking Market worth $60.2 billion by 2028

According to a research report "Software-Defined Networking Market by Offering (SDN Infrastructure, Software, and Services), SDN Type (Open SDN, SDN via Overlay, SDN via API, Hybrid SDN), Application (SD-WAN, SD-LAN, Security), End User, Vertical and Region - Global Forecast to 2028" published by MarketsandMarkets, the global Software-Defined Networking market size is expected to grow from USD 24.5 billion in 2023 to USD 60.2 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 19.7% during the forecast period. The primary driver of SDN adoption is its ability to automate and simplify network management. By centralizing control, SDN minimizes manual configurations, reducing human errors and operational complexities. This automation not only streamlines processes but also significantly cuts down operational costs.

• Published: November 2023

Emission Monitoring System Industry worth $5.0 billion by 2028

The report "Emission Monitoring System Market by System Type (CEMS and PEMS), Device Type (Gas Analyzers, Flow & Opacity Monitors, Sample Probes, Data Controllers, Filters), Software, Services, Industry and Region - Global Forecast to 2028" The global emission monitoring system market size is expected to grow from USD 3.2 billion in 2023 to USD 5.0 billion by 2028, at a CAGR of 9.3% from 2023 to 2028. Many industries, including power generation, cement, oil & gas, and chemicals, release harmful or toxic gases into the environment. These gases, including sulfur oxides (Sox), nitrogen oxides (NOx), carbon monoxide (CO), carbon dioxide (CO2), and ammonia (NH?), have a negative impact on human health and the overall ecosystem.

• Published: November 2023

Digital Isolator Industry worth $3.1 billion by 2028

According to a research report "Digital Isolator Market by Technology (Capacitive, Magnetic, GMR), Data Rate (25 to 75 Mbps, More Than 75 Mbps), Channel, Insulation Material, Application (Gate Drivers, DC/DC Converters, ADCs), Vertical and Region - Global Forecast to 2028" The digital isolator market was valued at USD 1.9 billion in 2022 and is projected to reach USD 3.1 billion by 2028; it is expected to grow at a CAGR of 8.6% from 2023 to 2028. Factors accelerating the growth of the digital isolator market are the increased adoption of digital isolators as alternatives to optocouplers, stringent regulations for batteries installed in electric and hybrid electric vehicles, strong focus on the adoption of renewable energy sources worldwide, high demand for noise-free electronics and electrical devices, rapid adoption of digital isolators in industrial motor drive applications, as well as integration of digital isolators with gate drivers for enhancing safety and reliability of power electronics systems.

• Published: November 2023

Continuous Bioprocessing Market worth $599 million by 2028

The report "Continuous Bioprocessing Market by Product (Chromatography, Filtration, Bioreactor, Media), Process (Upstream, Downstream), Scale of Operation (Commercial, Clinical), Application (mAbs, Vaccines, Cell & Gene Therapy), & End User - Global Forecast to 2028", is projected to reach USD 599 million by 2028 from USD 218 million in 2023, at a CAGR of 22.4% during the forecast period of 2023 to 2028. The global continuous bioprocessing market is growing owing to factors such as favorable regulatory & government support for innovative technologies, and emergence of integrated end-to-end continuous bioprocessing. The market growth could be hampered by high capital investment that could limit the entry for small players.

• Published: November 2023

Space Debris Removal Industry worth $0.6 billion by 2028

The report "Space Debris Removal Market by Technique (Direct Debris Removal, Indirect Debris Removal), Orbit (LEO, MEO, GEO), Debris Size (1mm to 10mm, 10mm to 100mm, Greater than 100mm), End User, Operation and Region - Global Forecast to 2028" The Space Debris Removal market is valued at USD 0.1 billion in 2023 and is projected to reach USD 0.6 billion by 2028, at a CAGR of 41.7% from 2023 to 2028.The space debris removal market is a subset of the satellite and technology industry that focuses on the development and deployment of space debris removal solutions and services. Space debris removal refers to the strategic process of eliminating defunct satellites, spent rocket stages, and fragments from space orbit. This burgeoning industry aims to mitigate orbital congestion, safeguard operational satellites, and ensure sustainable space exploration. By deploying innovative technologies and retrieval strategies, companies engage in the retrieval, capture, and disposal of space debris, fostering a cleaner orbital environment for continued commercial satellite launches and enhancing the long-term viability of space activities.

• Published: November 2023

Functional Films Market worth $49.6 billion by 2030

The report "Functional Films Market by Type (Conductive Films, Optical Films, Protective Films, Barrier Films, Adhesive Films), Material (Polyethylene), End-Use (Packaging, Electronics, Automotive), Substrate (Glass, Plastic) and Region - Global Forecast to 2030", size is projected to grow from USD 30.5 billion in 2023 to USD 49.6 billion by 2030, registering a CAGR of 7.2% during the forecast period. The functional films market is poised for substantial growth, propelled by diverse opportunities across industries. The escalating demand for advanced packaging solutions in the food and beverage sector, driven by the need for extended shelf life and UV protection, is a significant factor. Additionally, the automotive industry's increasing integration of films for applications like window tinting and anti-glare coatings, coupled with the rising prominence of renewable energy sources and the sustainability trend, is creating avenues for functional films in solar panels and eco-friendly solutions. The healthcare sector, with its emphasis on innovative medical devices and drug delivery systems, further contributes to the market's expansion.

• Published: November 2023

Robotic Warfare Industry worth $39.5 billion by 2028

The report "Robotic Warfare Industry by Application, Capability (Unmanned Platforms & Systems, Exoskeleton & Wearables, Target Acquisition Systems, Turret and Weapon Systems), Mode of Operation, Domain (Land, Marine, Airborne) and Region - Global Forecast to 2028" The Robotic Warfare Industry is estimated at USD 29.3 billion in 2023 and is projected to reach USD 39.5 billion by 2028, at a CAGR of 6.1% from 2023 to 2028. The growth can be attributed to the demand for unmanned systems and advanced technology such as Artificial Intelligence solutions for various military operations.

• Published: November 2023

Biomethane Industry Growth News - Growing at CAGR of 28.7%

According to a research report "Biomethane Market by Feedstock (Energy Crops, Agriculture Residues & Animal Manure, Municipal Waste), Production Process (Anaerobic Digestion, Thermal Gasification), End-use (Transportation, Power Generation, Industrial) Region - Global Forecast to 2030" published by MarketsandMarkets, the biomethane market is positioned for substantial growth, with a projected market size of approximately USD 10.3 billion for 2023 and USD 60.2 billion by 2030, representing a remarkable Compound Annual Growth Rate (CAGR) of 28.7% over the forecast period. This anticipated expansion underscores the increasing prominence and adoption of biomethane as a renewable energy source. Several factors contribute to this robust growth trajectory, including heightened global awareness of climate change, a growing emphasis on reducing greenhouse gas emissions, and a concerted push towards sustainable and cleaner energy alternatives. The market's potential is further propelled by advancements in biomethane production technologies, fostering increased efficiency and cost-effectiveness. Additionally, supportive government policies and incentives worldwide are creating a conducive environment for the biomethane sector, encouraging investments and fostering innovation. As industries and consumers increasingly prioritize environmentally friendly energy sources, biomethane's role in addressing these demands is becoming more pivotal.

• Published: November 2023

CFRTP Market worth $16.8 billion by 2028

The report "CFRTP Market by Product Type (Continuous, Long, Short), Resin Type (PA, PEEK, PPS, PC, PP), Application (Aerospace & Defense, Consumer Electronics, Transportation), and Region (North America, Europe, APAC, Latin America, MEA) - Global Forecast to 2028", is estimated at USD 8.9 billion in 2023 and is projected to reach USD 16.8 billion by 2028, at a CAGR of 13.5% from 2023 to 2028. CFRTP is produced using a combination of carbon fiber and thermoplastic resin, along with additives and pigments. It is used in aerospace, automotive, consumer durables, and other industries. Polyamide, polyether ether ketone, polycarbonate, and polyphenylene sulfide are key resins used to manufacture CFRTP. CFRTP is lightweight, easy to construct, dimensionally stable, and resistant to chemicals and corrosion. Due to these properties, CFRTP has an increased lifecycle that leads to low maintenance costs compared to traditional materials such as steel and other metallic alloys.

• Published: November 2023

Waterproofing Admixtures Market worth $8.0 billion by 2028

The report "Waterproofing Admixtures Market by Type (Pore Blocking Admixtures, Crystalline Admixtures, Densifier), Application (Residential, Commercial, Infrastructure), and Region (Asia Pacific, Europe, North America, MEA, South America) - Global Forecast to 2028", size was USD 5.3 billion in 2022 and is projected to reach USD 8.0 billion by 2028, at a CAGR of 7.4%, between 2023 and 2028.

• Published: November 2023

Cellular Modem Industry worth $12.4 billion by 2028

The report "Cellular Modem Market by Type (Embedded Cellular Modem, and Box Portable Cellular Modem), Technology (2G,3G,4G,5G, NB-IoT, and LTE-M), Vertical (Agriculture, Automotive & Transportation, Smart Cities, and Healthcare), Region - Global Forecast to 2028" The cellular modem industry size is valued at USD 4.8 billion in 2023 and is anticipated to be USD 12.4 billion by 2028, growing at a CAGR of 20.6% from 2023 to 2028. The key factors contributing to the growth of the cellular modem industry include High demand for smart home devices, and Strong preference for e-learning and online education. Cellular modems allows students and educators in areas with limited broadband access can participate in online classes, engage in live video lectures, and access interactive learning platforms

• Published: November 2023

LEO Terminals Industry worth $17.7 billion by 2028

The report "LEO Terminals Market by Vertical (Commercial, Government & Defense), Platform (Fixed, Portable, Mobile), Frequency (C-Band, L&S-Band, X-Band, Ka-Band, Ku-Band, VHF/UHF-Band, EHF/SHF-Band, Multi-Band,Q- Band) and Region - Global Forecast to 2028" The overall LEO terminals markets is projected to experience significant growth, transitioning from USD 17.7 billion by 2028, from USD 6.0 billion in 2023, reflecting a notable Compound Annual Growth Rate (CAGR) of 23.9%. between 2023 and 2028. Notably, North America is anticipated to hold the most substantial share of the LEO terminals markets in 2023.

• Published: November 2023

Hypercharger Market worth 273.7 Thousand Units by 2030

According to a research report "Hypercharger Market by Port Type (CCS, MCS, ChaoJi, NACS), Hypercharging Compatible Vehicle Sales by Vehicle Type (Passenger Cars, Light Commercial Vehicle and Heavy Commercial Vehicle), and Region - Global Forecast to 2030" published by MarketsandMarkets, the Hypercharger market size is projected to grow from 10.4 Thousand Units in 2023 and projected to reach 273.7 Thousand Units by 2030, at a CAGR of 59.5%. The Hypercharger demand is primarily driven by the growing popularity and adoption of electric vehicles (EVs). As more consumers and businesses transition to electric mobility, there is a heightened need for charging solutions that offer ultra-fast charging speeds. Hypercharger addresses the time constraints associated with traditional charging methods, providing EV users with the convenience of quickly replenishing their vehicle's battery charge.

• Published: November 2023

Smart Locker Industry worth $3.6 billion by 2028

The report "Smart Locker Market by Offering (Hardware, Software, Services), Technology (RFID, Electronic, Mobile, Biometric, Cloud), Deployment (Indoor, Outdoor), Application (Day, Parcel, Staff, Asset Management), End-Use Industry, Region - Global Forecast to 2028" The global smart locker industry size is expected to be valued at USD 2.1 billion in 2023 and is projected to reach USD 3.6 billion by 2028; it is expected to grow at a CAGR of 11.6 % from 2023 to 2028. The need for smart lockers arises from the evolving demands of modern lifestyles, driven by factors such as the surge in e-commerce activities, the imperative for contactless solutions amidst the pandemic, last-mile delivery challenges in urban environments, advancements in technology like IoT and RFID integration, and the growing emphasis on sustainable and secure parcel management practices. These lockers cater to convenience, efficiency, and security demands in package delivery and storage, adapting to the changing dynamics of consumer behavior and the technological landscape.

• Published: November 2023

Anti-aircraft Warfare Industry worth $28.6 billion by 2028

The report "Anti-aircraft Warfare Industry by Capability (Support, Protection and Attack), System (Weapon System, Radar System, Electronic Warfare System, Command and Control System), Platform (Land , Naval and Airborne), Range & Region - Forecast to 2028" The Anti-aircraft warfare industry size is projected to grow from USD 20.9 billion in 2023 to USD 28.6 billion by 2028, at a CAGR of 6.5% from 2023 to 2028. The demand for these weapons has witnessed significant growth recently due to growing threats from unmanned aerial vehicles, proliferation of advanced technologies like stealth and electronic countermeasures in aircraft. Thus, it is imperative to avoid collateral damage and provide combatants with advanced defence systems have led to the growth of anti-aircraft warfare market.

• Published: November 2023

Automotive Coatings Market worth $19.0 billion by 2028

The Report "Automotive Coatings Market by Resin Type (Polyurethane, Epoxy, Acrylic), Vehicle Type (Passenger Cars, Commercial Vehicles), Technology Type (Solvent-based, Water-based, Powder-based), Coat Type (Clearcoat, Basecoat) & Region - Global Forecast to 2028", is projected to reach a market size of USD 19.0 billion by 2028 from USD 15.5 billion in 2023, at a CAGR of 4.1%. Asia pacific is the one of the largest markets for automotive coatings. The demand for automotive coatings is increasing in the Clearcoat, Basecoat, Primer, and E-Coat. The demand from developing nations, such as China, India, Mexico, Germany, Indonesia, and Brazil are expected to drive the global automotive coatings market.

• Published: November 2023

Multimodal AI Market worth $4.5 billion by 2028

According to a research report "Multimodal Al Market by Offering (Solutions & Services), Data Modality (Image, Audio), Technology (ML, NLP, Computer Vision, Context Awareness, IoT), Type (Generative, Translative, Explanatory, Interactive), Vertical and Region - Global Forecast to 2028" published by MarketsandMarkets, the market for multimodal AI is estimated to grow from USD 1.0 billion in 2023 to USD 4.5 billion by 2028, at a CAGR of 35.0% during the forecast period. Multimodal AI refers to artificial intelligence that leverages a variety of data types, such as video, audio, speech, images, text, and conventional numerical datasets, to enhance its ability to make more precise predictions, draw insightful conclusions, and provide accurate solutions to real-world challenges. This approach involves training AI systems to synthesize and process diverse data sources concurrently, enabling them to better understand content and context, a significant improvement compared to earlier AI models.

• Published: November 2023

ELISpot and FluoroSpot Assay Market worth $421 million by 2028

The report "ELISpot and FluoroSpot Assay Market by Product (Assay kit (Technique, Utility, Analyte (T Cell and B Cell assay)), Analyzer), Application (Transplants, Infectious Diseases, Vaccine Development, Cancer Research), End User - Global Forecast to 2028", size is projected to reach USD 421 million by 2028 from USD 292 million in 2023, at a CAGR of 7.6% during the forecast period

• Published: November 2023

District Heating Industry worth $242.1 billion by 2028

The report "District Heating Market by Heat Source (Coal, Natural Gas, Geothermal, Biomass & Biofuel, Solar, Oil & Petroleum Products), Component (Boiler, Heat Exchanger, Heat Pumps), Plant Type (CHP, Boiler), Application and Region - Global Forecast to 2028" The global district heating market is expected to be valued at USD 191.5 billion in 2023 and is projected to reach USD 242.1 billion by 2028; it is expected to grow at a CAGR of 4.8% from 2023 to 2028. The demand for energy-efficient, cost-effective heating, and intensified urbanization and industrial growth collectively fuel the district heating market.

• Published: November 2023

Environmental Sensor Industry worth $3.0 billion by 2028

The report "Environmental Sensor Market by Type (Temperature, Humidity, Air Quality, Ultraviolet, Water Quality, Soil Moisture, Integrated), Deployment (Indoor, Outdoor, Portable), Application (Smart Home, Smart Office, Smart City) - Global Forecast to 2028" The environmental sensor industry is projected to grow from USD 1.8 billion in 2023 and is estimated to reach USD 3.0 billion by 2028; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 11.0% from 2023 to 2028.

• Published: November 2023

Ceramic Substrates Market worth $10.3 billion by 2028

The report "Ceramic Substrates Market by Product Type (Alumina, Aluminum Nitride, Silicon Nitride, Beryllium oxide), End-use Industry (Consumer Electronics, Automotive, Telecom, Industrial, Military & Avionics), and Region - Global Forecast to 2028", is projected to reach USD 7.6 billion in 2023 to USD 10.3 billion by 2028, at a CAGR of 6.2%.

• Published: November 2023

Particle Size Analysis Market worth $596 million by 2028

The report "Particle Size Analysis Market by Technology (Laser Diffraction, DLS, Imaging, Coulter Principle, Sieving, Nanoparticle Tracking), Dispersion (Wet, Dry, Spray), Enduser (Pharma-biotech, Cosmeceutical, Chemicals, Food, Academia) - Global Forecasts to 2028", is projected to reach USD 596 million by 2028 from USD 446 million in 2023, at a CAGR of 6.0% from 2023 to 2028. The market is experiencing growth due to a surge in research endeavors in nanotechnology, augmented investments in pharmaceutical research and development, and the imposition of rigorous regulatory standards for product quality in various sectors. Additionally, the market is benefiting from increased governmental backing for nanotechnology research and the rapid expansion of the pharmaceutical industry in emerging nations.

• Published: November 2023

Plastic Additives Market worth $57.0 billion by 2028

The report "Plastic Additives Market by Type (Plasticizers, Stabilizers, Flame Retardants), Plastic Type (Commodity Plastics, Engineering Plastics, High Performing Plastics), Application (Packaging, Construction, Consumer Goods), and Region - Global Forecast to 2028", size was USD 43.5 billion in 2023 to USD 57.0 billion by 2028, at a CAGR of 5.6% from 2023 to 2028.

• Published: November 2023

Feminine Hygiene Products Market worth $32.2 billion by 2028

The report "Feminine Hygiene Products Market by Nature (Disposable, Reusable), Type (Sanitary Napkins, Panty Liners, Tampons, Menstrual Cups), Region (Asia Pacific, North America, Europe, Middle East and Africa, South America) - Global Forecast to 2028", size is projected to grow from USD 24.6 billion in 2023 to USD 32.2 billion by 2028, at a CAGR of 5.5% from 2023 to 2028. Feminine hygiene products are designed to help women maintain cleanliness, comfort, and health during their menstrual cycle and for general vaginal care. These products manage menstrual flow, maintain personal hygiene, and prevent discomfort or odor. The rise in awareness about feminine hygiene management and the increasing disposable income of females drives the market growth.

• Published: November 2023

Ferro Silicon Market worth $12.9 billion by 2028

The report "Ferro Silicon Market by Type (Atomized Ferrosilicon, Milled ferrosilicon), Application (Deoxidizer, Inoculants), End-use Industry (Stainless Steel, Cast Iron, Magnesium), and Region (Asia Pacific, Europe, North America, MEA, SA) - Global Forecast to 2028", is projected to reach USD 12.9 billion by 2028, at a CAGR of 3.4% from USD 10.9 billion in 2023.

• Published: November 2023

Pet Food Packaging Market worth $14.9 billion by 2028

The report "Pet Food Packaging Market by Material (Paper & Paperboard, Plastic, Metal), Product (Pouches, Folding Cartons, Metal Cans, Bags), Food (Dry Food, Wet Food, Pet Treats), Animal (Dog, Cat, Fish), and Region - Global Forecast to 2028", is projected to grow from USD 11.1  billion in 2023 to USD 14.9 billion by 2028, at a CAGR of 5.9% from 2023 to 2028.

• Published: November 2023

Cultured Meat Market worth $6,169.6 million by 2034

According to a research report "Cultured Meat Market by Source (Poultry, Beef, Seafood, Pork, Duck), End Use (Nuggets, Burgers, Meatballs, Sausages, Hot Dogs), and Region (North America, Europe, Asia Pacific, South America, Middle East & Africa) - Global Forecast to 2034" published by MarketsandMarkets, the cultured meat market is estimated at USD 272.4 million in 2023 and is projected to reach USD 6,169.6 million by 2034, at a CAGR of 33.3% from 2028 to 2034.

Sustainabilty being the central theme across major economies, industries and personal lives of people around the globe for growth, cultured meat is proving to be the next big paradigm in achieving these ambitious goals. There is a growing global awareness of the pressing environmental and sustainability challenges posed by traditional livestock farming. Cultured meat presents a compelling solution as it dramatically reduces the environmental footprint, including greenhouse gas emissions, land use, and water consumption. Additionally, increased interest from venture capitalists, large food companies, and impact investors is providing substantial funding for research and development in the cultured meat sector. This investment influx is accelerating the commercialization of cultured meat products.

• Published: November 2023

Starch Derivatives Market worth $68.4 billion by 2028

According to a research report "Starch Derivatives Market by Type (Glucose Syrup, Modified Starch, Maltodextrin, Hydrolysates, Cyclodextrin), Source, Form (Dry, Liquid), Application (Food & Beverage, Industrial, Feed), Functionality and Region - Global Forecast to 2028" published by MarketsandMarkets, the Starch derivatives market is projected to reach USD 68.4 billion by 2028 from USD 57.9 billion by 2023, at a CAGR of 3.4% during the forecast period in terms of value. The starch derivatives market is experiencing growth due to increasing demand for processed foods, pharmaceuticals, and sustainable ingredients, coupled with innovations in starch-based products and applications.

• Published: November 2023

Zero Trust Architecture Market worth $38.5 billion by 2028

According to a research report "Zero Trust Architecture Market by Solutions (IAM, Microsegmentation, ZTNA, Continuous Monitoring, Least Privilege Access), by Organization Size (SMB, Large Enterprises), by Deployment Mode (On-premise, Cloud), Vertical, and Region - Forecast to 2029" published by MarketsandMarkets, the global zero trust architecture market size is projected to grow from USD 17.3 billion in 2023 to USD 38.5 billion by 2028 at a Compound Annual  Growth Rate (CAGR) of 17.3% during the forecast period. The expansion of the zero trust architecture market is propelled by the evolving landscape of cyber threats, which demand more robust security measures to counter advanced malware and ransomware. Additionally, consolidating digital transformation and widespread cloud adoption drives the demand for zero trust architecture, ensuring continuous authentication and authorization to protect data and applications in interconnected IT environments. Furthermore, the rising emphasis on regulatory compliance intensifies the adoption of zero trust architecture, aligning with industry-specific regulations and enhancing visibility and control during audits. Moving from traditional perimeter security models to the zero trust architecture approach further contributes to the market’s growth.

• Published: November 2023

Digital Circular Economy Market worth $6.7 billion by 2028

According to a research report "Digital Circular Economy Market by Offering (Software (Circular Design & Prototyping Software, Blockchain & Traceability Software), Services), Application (Digital Resale & Reuse), Technology (IoT, AI & ML), Vertical and Region - Global Forecast to 2028" published by MarketsandMarkets, the digital circular economy market is set to experience rapid growth, projected to surge from USD 2.2 billion in 2023 to USD 6.7 billion by 2028, at a CAGR of 24.3% during the forecast period of 2023–2028. Cutting-edge technologies, notably in IoT, blockchain, and data analytics, are pivotal drivers, optimizing resource utilization and championing sustainability. Embracing these innovations empowers businesses to streamline operations, curtail waste, and elevate overall efficiency, fostering a circular ethos in production and consumption. Newly emerging drivers include a heightened emphasis on sustainable sourcing, with businesses increasingly prioritizing environmentally friendly supply chain practices. Additionally, the growing trend of collaborative ecosystems, where businesses forge partnerships to create closed-loop systems, is amplifying the market's momentum.

• Published: November 2023

IDaaS Market worth $21.4 billion by 2028

According to a research report "IDaaS Market by Component (Provisioning, Single Sign-on, Advance Authentication, Audit, Compliance, and Governance, Directory Services, Password Management), Deployment type, Verticals and Region - Global Forecast to 2028" published by MarketsandMarkets, the global IDaaS market size is projected to grow from USD 7.0 billion in 2023 to USD 21.4 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 25.0% during the forecast period. The rise in identity and authentication frauds and the adoption of advanced authentication techniques across verticals drive the growth of the IDaaS market. Moreover, ownership and privacy challenges may hinder market growth.

• Published: November 2023

Trash Bags Market worth $13.7 billion by 2028

The report "Trash Bags Market by Type (Star Sealed, Drawstring), Material, Size, End-Use (Retail, Institutional, Industrial), Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, E-Commerce), and Region-Global Forecast to 2028", is projected to grow from USD 10.6 billion in 2023 to USD 13.7  billion by 2028, at a CAGR of 5.2% from 2023 to 2028. As the global population continues to increase, there is a rising need for trash bags to manage and dispose of waste generated by various sectors including retail, industrial, and institutional. Factors such as environmental concerns and technological innovations that influence product development and consumer preferences are expected to boost the trash bags market during forecast period.

• Published: November 2023

Explainable AI Market worth $16.2 billion by 2028

According to a research report "Explainable AI Market by Offering (Solutions & Services), Software Type (Standalone Software, Integrated Software, Automated Reporting Tools, Interactive Model Visualization), Methods, Vertical and Region - Global Forecast to 2028" published by MarketsandMarkets, the global explainable AI market size is to grow from USD 6.2 billion in 2023 to USD 16.2 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 20.9% during the forecast period. Explainable AI is at the intersection of AI, machine learning, ethics, and psychology. Collaboration across these fields is driving innovation in making AI systems more interpretable and user-friendly.

• Published: November 2023

Mulch Films Market worth $10.6 billion by 2028

According to a research report "Mulch Films Market by Type (Clear/Transparent, Black Mulch, Colored Mulch, Photo-selective Mulch, Degradable Mulch), Application (Agricultural and Horticulture), Element (LLDPE, LDPE, HDPE, EVA, PLA, PHA) and Region - Global Forecast to 2028" published by MarketsandMarkets, the mulch films market is estimated at USD 7.8 billion in 2023 and is projected to reach USD 10.6 billion by 2028, at a CAGR of 6.5% from 2023 to 2028. The growing demand for mulch films is primarily fueled by the need for increased agricultural productivity, sustainable farming practices, and climate change adaptation.

• Published: November 2023

Automotive Actuators Market worth $33.5 billion by 2030

According to a research report "Automotive Actuators Market By Product Type, Application, Actuation, Motion, Vehicle Type, On-Highway Vehicle, EV Propulsion, EV Application and Region - Global Forecast to 2030" published by MarketsandMarkets, The automotive actuators market size is projected to grow from USD 27.9 billion in 2024 to USD 33.5 billion by 2035, at a CAGR of 3.1%.

• Published: November 2023

In Space Manufacturing Industry worth $62.8 billion by 2040

The report "In Space Manufacturing Market by Product Technology (Perovskite Photovoltaics cell,Graphene and solid-state Lithium batteries, Exchange membrane cells,Traction motor,Hydrogen propulsion system ,Insulin), End Use and Region - Global Forecast to 2040" The In-Space Manufacturing market is estimated to be USD 4.6 billion in 2030 and is projected to reach USD 62.8 billion by 2040 at a CAGR of 29.7 % during the forecast period. The driving factor for in space manufacturing market is the technological advancements in enabling technologies such as 3D printers and bio-printers, space robotics for assembly and automation, miniaturization of hardware and low resource manufacturing capabilities.

• Published: November 2023

Particle Therapy Market worth $ 1.1 billion by 2028

The report "Particle Therapy Market by Type (Proton Therapy, Heavy Ion), Products (Cyclotron, Synchrotron, Synchrocyclotron), Services, System (Single-room, Multi-room), Cancer Type (Pediatric, Prostate), Application (Treatment, Research) - Global Forecast to 2028", is projected to reach USD 1.1 billion by 2028 from USD 0.7 billion in 2023, growing at a CAGR of 8.2% during the forecast period. Many factors, such as technological advancements, funding and reimbursement, strong healthcare funding, active research funding, a clear regulatory framework, growing minimally invasive procedure adoption, and the presence of key market players in developing regions are driving the growth of the particle therapy market. This amalgamation of drivers has engendered substantial market growth. Continued technological advancements, heightened emphasis on non-invasive cancer interventions, and a supportive healthcare ecosystem are anticipated to sustain this upward trajectory.

• Published: November 2023

Insolvency Software Market worth $2.4 billion by 2028

According to a research report "Insolvency Software Market by Offering (Solutions, Services), Organization Size (Large Enterprises, & SMEs), Application (Document Management, Financial Transaction Management, Reporting, Compliance, Creditor Management), Vertical - Global Forecast to 2028" published by MarketsandMarkets, the Insolvency Software market is projected to grow from USD 1.5 billion in 2023 to USD 2.4 billion by 2028, at a CAGR of 10.4% during the forecast period, according to MarketsandMarkets. Demand for insolvency software has been increased to manage insolvency cases effectively. The demand for cost-effective solutions to reduce bankruptcy arises from various reasons, including maintaining financial stability for individuals and businesses, preventing economic disruptions, minimizing legal and administrative costs associated with bankruptcy proceedings, protecting creditors’ interests, and providing viable alternatives to bankruptcy.

• Published: November 2023

Nuclear Power Plant Control System Industry worth $825 Million by 2028

According to a research report "Nuclear Power Plant Control System Market by Component (Hardware, Software, Services), Solution (SCADA, PLC, DCS), Application (Generator Excitation & Electrical Control, Turbine & Auxiliaries Control System) and Region - Global Forecast to 2028" published by MarketsandMarkets, the global Nuclear Power Plant Control System market is projected to reach USD 825 million by 2028 from an estimated USD 636 million in 2023, at a CAGR of  5.3% during the forecast period. Nuclear energy as clean energy is a more reliable way of producing electricity on a large scale. The versatile nature of nuclear energy could enable the transition to a cleaner world and a stronger global economy this is pivotal in propelling the expansion of the nuclear power plant control system market. Furthermore, The global expansion of nuclear power has heightened the adoption of nuclear power plant control systems. The amalgamation of these systems with renewable energy contributes to their increased demand, aligning with global efforts to diminish reliance on fossil fuels and minimize carbon footprints. Government support and stringent safety regulations are pivotal factors driving the growth of the nuclear power plant control system market. To incentivize the development and expansion of nuclear power plants, many governments provide financial support, subsidies, and favorable regulatory environments.

• Published: November 2023

Polyvinyl Alcohol Films Market worth $577 million by 2028

The report "Polyvinyl Alcohol Films Market by Grade Type (Fully Hydrolyzed, Partially Hydrolyzed), Application (Detergent Packaging, Medical & Healthcare, Polarizing Plates, Food Packaging, Agrochemical Packaging), & Region - Global Forecast to 2028", is expected to grow at a CAGR of 6.1% during the forecast period, from an estimated USD 429 million in 2023 to USD 577 million by 2028. Polyvinyl alcohol (PVA) films are experiencing a rising demand driven by several compelling factors. These films are in high demand due to their environmentally friendly and biodegradable nature, which resonates with the increasing environmental awareness. Furthermore, PVA films offer outstanding barrier properties, moisture resistance, and versatility, making them exceptionally well-suited for diverse packaging needs across industries. Their applications in sectors like food, pharmaceuticals, and agriculture, where sustainability and protection are paramount, have significantly boosted their popularity. As the global focus on sustainable packaging solutions intensifies and their utility across various sectors expands, the PVA films market continues to witness robust growth.

• Published: November 2023

Agricultural Micronutrients Market worth $6.9 billion by 2028

According to a research report "Agricultural Micronutrients Market by Type (Zinc, Boron, Iron, Manganese, Molybdenum, Copper), Mode of Application (Soil, Foliar and Fertigation), Form (Chelated and Non-Chelated Micronutrients), Crop Type and Region - Global Forecast to 2028" published by MarketsandMarkets, the global agricultural micronutrients market is estimated at USD 4.5 billion in 2023 and is projected to reach USD 6.9 billion by 2028, at a CAGR of 8.6% from 2023 to 2028. Agricultural micronutrients, essential minerals needed in small quantities for plant growth, play a crucial role in modern agriculture. The global agricultural micronutrients market is experiencing significant growth, driven by several key factors. One of the primary drivers is the increasing focus on improving agricultural yield and crop quality, which necessitates the use of micronutrient fertilizers. The rising global population's demand for high-quality food also fuels the growth, prompting farmers to adopt these micronutrients to enhance crop nutritional content. Soil micronutrient deficiencies are another significant factor propelling the market, as imbalances can lead to decreased crop productivity. Furthermore, research activities, technological advancements, and the awareness of the benefits of agricultural micronutrients contribute to their rising demand.

• Published: November 2023

Polymeric Adsorbents Market worth $170 million by 2028

The report "Polymeric Adsorbents Market by Type (Aromatic (Crosslinked Polystyrenic Matrix), Modified Aromatic (Brominated Aromatic Matrix), Methacrylic (Methacrylic Ester Copolymer), and Phenol Formaldehyde), End-Use Industry, and Region - Global Forecast to 2028", size is projected to grow from USD 130 million in 2023 to USD 170 million by 2028, at a CAGR of 5.5% from 2023 to 2028. In the polymeric adsorbents market, significant drivers include the escalating demand for clean water treatment, advancements in the pharmaceutical sector, and a global shift towards sustainability. These factors propel market growth as these adsorbents are essential for water purification, pharmaceutical processes, and industrial applications. Conversely, higher costs and competition from alternative technologies serve as restraints, potentially limiting market expansion. Opportunities lie in diversifying applications and exploring emerging markets, while challenges encompass fluctuations in raw material prices.

• Published: November 2023

Top 10 High & Medium Voltage Products Market worth $349.7 billion by 2028

According to a research report "Top 10 High & Medium Voltage Products Market HV (Switchgear, HV Cables, Power Transformer), MV (Ring Main Unit, Recloser, MV Cables, Voltage Regulator, Surge Protection Device, Disconnect Switch), Installation Type End User - Global Forecast to 2028" published by MarketsandMarkets, the Top 10 high & medium voltage products is projected to reach USD 349.7 billion by 2028 from an estimated USD 264.1 billion in 2023, at a CAGR of 5.8% during the forecast period.

• Published: November 2023