• Home
  • Press Release

Press Release

  • Aerospace Testing Industry worth $6.91 billion by 2030

    The report "Aerospace Testing Market by Material Testing, Environmental Testing, Structural/Component Testing, Avionics/Flight & Electronics Testing, Propulsion System Testing, In-house, Commercial, Military & Defense, Space Exploration - Global Forecast to 2030" The global aerospace testing market is projected to reach USD 5.50 billion in 2025 and USD 6.91 billion by 2030, registering a CAGR of 4.6% during the forecast period.

    • Published: November 2024

  • Urea Market worth $93.25 billion by 2029

    The report "Urea Market by Grade (Agricultural, Technical, Feed, Medical), Product Type (Granular, Prilled), End-Use Industry (Agriculture, Chemical, Automotive, Medical), Application, Technology & Region - Global Forecast to 2029", is projected to reach USD 93.25 billion by 2029 from USD 80.25 billion in 2024, at a CAGR of 3.05% during the forecast period. Urea is an essential chemical for several industries, which are agriculture, pharmaceutical, and industrial applications. Being a fertilizer rich in nitrogen, it enhances agricultural productivity by supplementing crops with necessary nutrients that lead to food security and efficient farming. However, urea also faces challenges that include competition from other fertilizers and hence is concerning people due to the environmental impacts of urea. More recent innovations have led to controlled-release urea fertilizers, which ensure the release of nitrogen progressively and thereby avoid most of the risks associated with nutrient leaching and volatilization. On a positive note, there are opportunities for this market through optimizing the production processes.

    • Published: November 2024

  • Quantum Communication Market worth $5.54 billion by 2030

    According to a research report "Quantum Communication Market by Solution (Quantum Detectors, Quantum Key Distribution (QKD), Quantum Random Number Generator (QRNG), Quantum-safe Cryptography), QKD Transmission Type (Fiber-based and Free-space/Satellite-based) - Global Forecast to 2030" published by MarketsandMarkets, the global quantum communication market size is projected to grow from USD 0.74 billion in 2024 to USD 5.54 billion by 2030 at a Compound Annual Growth Rate (CAGR) of 39.6% during the forecast period.   Increasing investment in research and development (R&D) from both public and private sectors reflects the strategic importance of quantum technologies. Initiatives like the U.S. National Quantum Initiative and the European Quantum Flagship program focus on advancing quantum communication. Also, the U.S. National Science Foundation is investing USD 39 million in the ExpandQISE program to enhance quantum research at various institutions across America. Hence, this heightened focus on R&D is propelling the adoption of quantum communication solutions across various industries, including telecommunications and finance.

    • Published: November 2024

  • Relay Market worth $15.20 billion by 2030

    According to a research report "Relay Market by Type (Electromechanical, Thermal, Reed, Time, Solid State), Voltage Range (Low, Medium, High), Mounting Type (Panel, PCB, DIN Rail, Plug-In), Application (Protection, Monitor, Control), Verticals and Region - Global Forecast to 2030" published by MarketsandMarkets, the Relay market is anticipated to grow from an estimated USD 10.12 billion in 2024 to USD 15.20 billion by 2030, at a CAGR of 7.0% during the forecast period. The increasing incorporation of renewable energy sources that are subject to intermittency such as, solar energy wind energy, into electrical grids brings new obstacles. This is because relay systems help maintain stability in the grid by managing power variations, connecting different sources of energy seamlessly, and protecting the grid against faults. With the increase of renewable penetration, relays assist in controlling the voltage and frequency so as to protect the system and the energy from the volatile nature of renewable energy sources. Advanced relay solutions thus become inevitable to make certain structures balancing and supplying energy are trustworthy.

    • Published: November 2024

  • Latent TB Testing Market worth $773.4 million by 2029

    The report "Latent TB Testing Market by Test Type (Tuberculin Skin Test/TST, IGRA Test), Application (Household Contacts (HHC) of Tuberculosis (TB) Patients, People Living with HIV), End User (Diagnostic Labs, Hospitals), Region - Global Forecast to 2029", is valued at an estimated USD 582.5 million in 2024 and is projected to reach USD 773.4 million by 2029 at a CAGR of 5.8% during the forecast period.

    • Published: November 2024

  • Marine Vessels Industry worth $133.63 billion by 2030

    The report "Marine Vessels Market by Ship Type (Destroyer, Frigate, Corvette, Patrol Vessels, Passenger Vessels, Container Vessels, Tanker), Tonnage (100 - 500 DWT, 500 - 5,000 DWT, 5,000 - 15,000 DWT, >15,000 DWT), Operation and Region - Global Forecast to 2030" The global marine vessels market is projected to reach USD 133.63 billion by 2030, from USD 111.10 billion in 2024, at a CAGR of 3.1%. The growth of international trade is the primary driver in the marine vessels market. This growth increased the demand for commercial ships that transport goods worldwide. Military navies are also expanding and updating their fleets to improve their capabilities, which adds to market activity. The rising demand for passenger travel and tourism is creating a need for more vessels, such as ferries and cruise ships. Additionally, efforts to replace older ships with newer, more efficient models are supporting the growth and modernization of the marine vessels market.

    • Published: November 2024

  • Coating Resins Market worth $57.34 billion by 2029

    The report "Coating Resins Market by Resin Type (Acrylic, Alkyd, Epoxy, Polyurethane, Vinyl), Technology (Waterborne, Solventborne, Powder), Application (Architectural, Protective, General Industrial, Automotive, Wood, Packaging), & Region - Global Forecast to 2029", size is projected to reach a market size of USD 57.34 billion by 2029 from USD 45.28 billion in 2024, at a CAGR of 4.8%. Asia Pacific accounted for the largest share of coating resins in 2023. Coating resins are largely used in architectural and industrial applications. The acrylic resin segment is projected to be the largest share due to its use in various applications, such as architectural coatings, floor finishes, and automotive coatings. Emerging nations, such as China, India, Indonesia, and Brazil, are expected to play a crucial role in driving the coating resins market forward.

    • Published: November 2024

  • Steam Trap Industry worth $5.57 billion by 2029

    According to the new market research report "Steam Trap Market by Mechanical (Ball Float, Inverted Bucket), Thermodynamic, Thermostatic (Balanced Pressure, Bimetallic, Liquid Expansion, Bellowed), Steel, Iron, Tracing, Drip, Process, Screwed, Flanged, Swivel, Oil & Gas - Global Forecast to 2029" The global steam trap market is expected to be  USD 5.57 billion by 2029 from USD 4.57 billion by 2024, at a CAGR of 4.1% during the forecast period. The steam trap market is driven by several key factors, including the rising demand for energy-efficient solutions, stimulated by a greater need to save energy and decrease operational costs. Increased use of automation within a steam system also helps in further increasing growth for this market as automated solutions enhance performance while reducing manual intervention. The pressure to increase manufacturing efficiency, while also maintaining environmentally stringent compliance, has started to force industries into investing in even more advanced steam trap technologies-fitting the platform of the sustainability model.

    • Published: November 2024

  • Artificial Intelligence in Retail Market worth $164.74 billion by 2030

    According to a research report "Artificial Intelligence in Retail Market by Solution (Personalized Product Recommendation, Visual Search, Virtual Stores, Virtual Customer Assistant, CRM), Type (Generative AI, Other AI), End-user (Online, Offline) - Global Forecast to 2030" published by MarketsandMarkets, the Artificial intelligence in retail market is expected to reach USD 164.74 billion by 2030 from USD 31.12 billion in 2024, at a CAGR of 32.0 % during 2024–2030.  

    • Published: November 2024

  • Smart Stadiums Market worth $41.68 billion by 2029

    According to a research report "Smart Stadiums Market by Solutions (Digital Content Management, Stadium and Public Security, Building Automation, Event Management, Network Management, and Crowd Management), Stadium Type (Indoor, Outdoor, and Multi-Purpose) - Global Forecast to 2029" published by MarketsandMarkets, the Smart Stadiums market is estimated at USD 19.55 billion in 2024 to USD 41.68 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 16.4 %. A smart stadium refers to an arena that utilizes latest technology in perfecting fans, operators and other stakeholders experiences. Instances of its facilities include dynamic digital signage, smart parking, and automated concession stands. Such innovations streamline operations, reduce the waiting time, and make attending more personalized and engaging. Data analytics enables Smart Stadiums to optimize seating arrangements, improve crowd flow, and reduce emergency response times. Furthermore, the use of renewable energy sources, as well as effective waste management measures, reduce the venue's carbon footprint. Overall, Smart Stadiums substantially benefit organizations, including increased revenue, enhanced fan satisfaction, and improved operational efficiency. For instance, the AT&T Stadium utilizes advanced analytics to optimize seating layouts, while Wembley Stadium leverages technology to streamline operations and enhance the spectator experience. Similarly, the Johan Cruyff Arena employs data-driven insights to boost fan engagement and operational effectiveness.

    • Published: October 2024

  • Occupancy Sensor Industry worth $5.20 billion in 2030

    The report "Occupancy Sensor Market by Type (Wall Mount, Ceiling Mount, Desk), Operation (Indoor, Outdoor), Connectivity (Wireless, ZigBee, Z-wave), Technology (Passive Infrared, Ultrasonic, Dual Technology, Image Processing), Installation - Global Forecast to 2030" The global occupancy sensor market is expected to reach USD 5.20 billion in 2030 from USD 2.75 billion in 2024, at a CAGR of 11.2% during the forecast period. As organizations and homeowners look to save energy and reduce utility costs, occupancy sensors can offer effective solutions by simply adjusting lighting, heating, or cooling based on instantaneous data for occupancy. The emergence of smart building technologies and the Internet of Things makes it easier to build automated systems in which occupancy sensors are integrated. Coupled with regulatory pressures for sustainability and energy conservation, there is ongoing demand for occupancy sensors as critical components of modern energy management strategies.

    • Published: October 2024

  • Advanced Visualization Market worth $6.55 billion by 2029

    The report "Advanced Visualization Market by Type (Enterprise, Standalone), Modality (MRI, CT, PET, Ultrasound, Radiotherapy, Nuclear Medicine), Application (Radiology, Oncology, Neuro), End User (Hospital, ASC, Diagnostic Center) & Region - Global Forecast to 2029 ", is projected to reach USD 6.55 billion by 2029 from USD 3.78 billion in 2024, at a CAGR of 11.7% during the forecast period.

    • Published: October 2024

  • Future of E-Powertrain Market worth 51,288 thousand units by 2032

    According to a research report "Future of E-Powertrain Market by integration type (Integrated & Non-integrated), Component (Motor, Battery, BMS, Controller, PDM, Inverter/Converter, On-Board Charger), Propulsion (BEV, PHEV), Vehicle Type (PC & LCV) and Region - Global Forecast to 2032" published by MarketsandMarkets, the electric powertrain market is projected to reach 51,288 thousand units by 2032, at a CAGR of 13.8% from 2024 to 2032.

    • Published: October 2024

  • Packaging Coatings Market worth $5.37 billion by 2029

    The report "Packaging Coatings Market by Technology (Waterborne, Solventborne, Energy Curable, Digital), Resin (Polyurethane, Epoxy, Acrylic, Polyester), Application (Rigid, Flexible, Paper), Printing Process, End-use Industry - Global Forecast to 2029", is projected to grow from USD 4.21 billion in 2024 to USD 5.37 billion by 2029, at a CAGR of 5.0% between 2024 and 2029. North America is the one of the largest markets for packaging coatings. The demand for different resin used in packaging coatings is experiencing significant growth across various industries, including food & beverage, industrial goods, medical & pharma, caps & closures, and more. Emerging nations such as India, Canada, Brazil, China and Mexico are expected to play a crucial role in driving the global packaging coatings market forward.

    • Published: October 2024

  • Recycled Terephthalic Acid Market worth $2.90 billion by 2029

    The report "Recycled Terephthalic Acid Market by Process (Hydrolysis, Pyrolysis), Application (Fiber, Films, Resins), End-Use Industry (Textiles, Automotive, Construction, Packaging) - Global Forecast to 2029", size is projected to grow from USD 2.34 billion in 2024 to USD 2.90 billion by 2029, registering a CAGR of 4.4% during the forecast period.  Chemically extracted from PET waste - bottles, textiles, and other packaging materials recycled terephthalic acid is an alternative to virgin TPA that has been sourced from petrochemicals in the past. Ongoing environmental awareness, conducive recycling frameworks, and the growing trend toward sustainability in textiles, packaging, construction, and the automotive field are factors driving the recycled terephthalic acid market. National campaigns designed to reduce waste and concentrate on the objectives of the circular economy promote the use of recycled terephthalic acid on a much broader basis. Apart from that, using reclaimed content helps producers achieve environmental goals and attracts environmentally-friendly consumers looking for green products.

    • Published: October 2024

  • Sugar Substitutes Market worth $29.90 billion by 2029

    According to a research report "Sugar Substitutes Market by Type (HFCS, High-intensity Sweeteners, Low-Intensity Sweeteners), Manufacturing Technology (Precision Fermentation, Enzymatic Conversion, Chemical Synthesis), Application, Form, Source, Region - Global Forecast to 2029" published by MarketsandMarkets, the sugar substitutes market is estimated at USD 23.56 billion in 2024 and is projected to reach USD 29.90 billion by 2029, at a CAGR of 4.9% from 2024 to 2029.

    • Published: October 2024

  • Biosimulation Market worth $9.18 billion by 2029

    The report "Biosimulation Market by Offering (Module, Integrated Platform), Application (Disease Modeling, PBPK, PKPD, Trial Simulation, Manufacturing & Supply chain: planning & forecasting), Indication (Cancer, CNS, CVS), End User, & Region - Global Forecast to 2029", is projected to reach USD 9.18 billion by 2029 from USD  4.24 billion in 2024, at a CAGR of 16.7% from 2024  to 2029.

    • Published: October 2024

  • NFC Industry worth $30.55 billion by 2029

    The report "NFC Market by Offering (NFC ICs, NFC Antennas, NFC Tags, NFC Readers), Operating Mode (Reader Emulation, Peer-to-Peer, Card Emulation), Use Cases (Payment and Transactions, Product Identification, Ticketing, Access Control) - Global Forecast to 2029" The global NFC industry will  USD 30.55 billion by 2029 from USD 21.69 billion by 2024, at a CAGR of 7.1% during the forecast period. Rapid industrialization and urbanization prevail largely in the emerging economies of China and India, particularly through the development of smart cities. Gradual concentration in industrial development has increased demand for the infrastructure required in cities. This would eventually lead to the development of educational & healthcare institutions, public administration offices, shopping malls, stores, and warehouses. This, in turn, will boost the demand for advanced NFC solutions and smartcard, particularly in technologically advancing countries such as India, China, and Brazil.

    • Published: October 2024

  • Cold Plasma Market worth $3.66 billion by 2029

    The report "Cold Plasma Market by Industry (Textile, Electronics & Semiconductors, Polymer & Plastic, Food & Agriculture, Medical, Cosmetic), Application (surface treatment & activation, wound Healing), Regime (Atmospheric, Low Pressure) - Global Forecast to 2029", is projected to reach USD 3.66 billion by 2029 from USD 2.17 billion in 2024, at a CAGR of 11.0% during the forecast period.

    • Published: October 2024

  • Engines Market worth $477.89 billion by 2029

    According to a research report "Engines Market by Fuel type (Gasoline, Diesel, Natural Gas), Speed (Low, Medium, High , and Very High), Power Rating, End User, & Region - Global Trends & Forecast to 2029" published by MarketsandMarkets, the engines market is forecast to reach USD 477.89 billion by 2029 from an estimated USD 377.83 billion in 2024, at a CAGR of 4.8% during the forecast period (2024-2029).

    • Published: October 2024

  • Post-Consumer Recycled Plastics Market worth $125.34 billion by 2029

    The report "Post-Consumer Recycled Plastics Market by Source (Bottles, Non-bottle Rigid), Polymer Type, Processing Type (Mechanical, Chemical, Biological), End-use (Packaging, Building & Construction, Automotive, Electronics), and Region - Global Forecast to 2029", The post-consumer recycled plastics market size is projected to grow from USD 73.35 billion in 2024 to USD 125.34 billion by 2029, at a CAGR of 11.3%.

    • Published: October 2024

  • Surface Radars Industry worth $22.49 billion by 2029

    The report "Surface Radars Market by Platform (Critical Infrastructure, Vehicle-Mounted, Shipborne, Unmanned Surface Vehicles), Application (Surveillance, Air-Defense, Perimeter Security, Battlefield ISR), Frequency Band, Dimension - Global Forecast to 2029" The global surface radars market is projected to reach USD 22.49 billion by 2029, from USD 17.26 billion in 2024, at a CAGR of 5.4%. The volume of surface radars is projected to grow from 4690 (in Units) in 2024 to 6113 (in Units) by 2029. Due to the currently existing conflicts and security threats that cross borders, governments are fortifying their defense capabilities, but most significantly in air defense, maritime surveillance, and critical infrastructure protection. Advanced radar systems are mainly important features of modern military operations because of high precision detection and tracking capabilities and integration with command and control systems.

    • Published: October 2024

  • AI in Finance Market worth $190.33 billion by 2030

    According to a research report "AI in Finance Market by Product (Algorithmic Trading, Virtual Assistants, Robo-Advisors, GRC, IDP, Underwriting Tools), Technology, Application (Fraud Detection, Risk Management, Trend Analysis, Financial Planning, Forecasting) - Global Forecast to 2030" published by MarketsandMarkets, the AI in Finance market is expected to reach USD 190.33 billion by 2030 from USD 38.36 billion in 2024, at a CAGR of 30.6% during 2024–2030.

    • Published: October 2024

  • FSO & VLC / Li-Fi Industry worth $7.39 billion by 2029

    The report "Free Space Optics (FSO) and Visible Light Communication (VLC)/ Li-Fi Market by FSO Component (Transmitters, Receivers, Modulators & Demodulators), VLC Component (LEDs, Photodetectors, Microcontrollers, Software) - Global Forecast to 2029" The FSO & VLC/Li-Fi market was valued at USD 2.78 billion in 2024 and is projected to reach USD 7.39 billion by 2029, growing at a CAGR of 21.6% from 2024 to 2029. The primary factor driving the growth of VLC/Li-Fi market is the faster and safer data transfer. Data transmission through VLC/Li-Fi is more secure and achieves high data rates compared to conventional wireless technologies such as Wi-Fi, Bluetooth, and Worldwide Interoperability for Microwave Access (WiMAX), which use radio waves for communication. Since light waves do not penetrate walls, they cannot be intercepted and misused. A networking speed of 100 Mbps can easily be obtained with the use of the VLC technology using LEDs.

    • Published: October 2024

  • UV-Curable Resins Market worth $9.31 billion in 2029

    The report "UV-Curable Resins Market by Composition (Oligomers, Monomers, Photoinitiators, Additives), Chemistry (Non-Acrylated Oligoamines, Acrylate Oligomers), Application, Technology, End-use Industry and Region - Global Forecast to 2029", size is expected to reach USD 9.31 billion in 2029 from USD 6.48 billion in 2024, at a CAGR of 7.5% from 2024 to 2029.

    • Published: October 2024

  • Biodegradable Plastics Market worth $33.52 billion by 2029

    The report "Biodegradable Plastics Market by Type (PLA, Starch Blends, PBAT, PHA, PBS,Cellulose Based), End-Use Industry (Packaging, Consumer Goods, Textiles, Agriculture & Horticulture), and Region- Global Forecast to 2029", is projected to grow from USD 12.92 billion in 2024 to USD 33.52 billion by 2029, registering a CAGR of 21.3% during the forecast period.

    • Published: October 2024

  • Neuromorphic Computing Industry worth $1,325.2 million by 2030

    According to a research report "Neuromorphic Computing Market by Offering (Processor, Sensor, Memory, Software), Deployment (Edge, Cloud), Application (Image & Video Processing, Natural Language Processing (NLP), Sensor Fusion, Reinforcement Learning) - Global Forecast to 2030" The neuromorphic computing industry is expected to grow from USD 28.5 million in 2024 and is estimated to reach USD 1,325.2 million by 2030; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 89.7% from 2024 to 2030. Growth in the neuromorphic computing industry is driven through the integration of neuromorphic computing in automotive and space operations. In space, where bandwidth is limited and the communication delay might be considered large, onboard processing capabilities are crucial. The neuromorphic processor analyzes and filters data at the point of collection, reducing the need to transmit large datasets back to Earth. whereas, in automobile sector, neuromorphic processors can make autonomous driving systems more responsive by onboard real-time processing with minimal latency so that safety is ensured along with efficiency.

    • Published: October 2024

  • Microencapsulation Market worth $24.07 billion by 2029

    According to a research report "Microencapsulation Market by Shell Material (Polymers, Gums & Resins, Lipids, Carbohydrates, Proteins), Technology, Core Material, Core Material Form, End-Use Industry, Functionality, and Region - Global Forecast to 2029" published by MarketsandMarkets, the microencapsulation market is estimated at USD 15.38 billion in 2024 and is projected to reach USD 24.07 billion by 2029, at a CAGR of 9.4% from 2024 to 2029.  

    • Published: October 2024

  • Electric Scooter Motor Market worth $1,201.2 million by 2030

    According to a research report "Electric Scooter Motor Market by Vehicle (E-Scooter/Moped, E-Motorcycle), Positioning (Hub and Mid-drive), Motor Power, Drive Type (Chain and Belt), Motor Type (PMSM and BLDC), Component & Region - Global Forecast to 2030" published by MarketsandMarkets, The global Electric Scooter Motor market is projected to grow from USD 416.0 million in 2024 to USD 1,201.2 million by 2030, registering a CAGR of 19.3%.

    • Published: October 2024

  • AI Training Dataset Market worth $9.58 billion by 2029

    According to a research report "AI Training Dataset Market by Software (Data Collection Tools, Data Annotation Software, Off-the-Shelf Datasets), Services (Data Validation Services, Dataset Marketplaces), Data Modality (Text, Image, Video, Audio, Multimodal) - Global Forecast to 2029" published by MarketsandMarkets, the market for AI Training Dataset is slated to expand from USD 2.82 billion in 2024 to USD 9.58 billion by the year 2029 at a robust CAGR of 27.7% over the forecast period

    • Published: October 2024

  • Level Sensor Industry worth $7.64 billion in 2029

    The report "Level Sensor Market by Type (Magnetostrictive, Vibratory Probe, Hydrostatic, Magnetic & Mechanical Float, Pneumatic, Guided Wave, Ultrasonic, Microwave, Optical, Capacitance Level Sensors), Sensor Type (Contact, Non-contact) - Global Forecast to 2029" The global level sensors industry size is projected to reach USD 7.64 billion in 2029 from USD 5.56 billion in 2024, with a CAGR of 6.5%. Level sensor market growth is mainly fueled by the increasing demand for accurate and reliable level measurements in several manufacturing-related industries, as well as oil and gas, chemicals, and food and beverages. In addition, the growing adoption of automation, and initiatives under Industry 4.0, accompanied by increased demand for improved process efficiency and safety, will further drive the demand for advanced-level sensing technologies. With the mounting focus on environmental monitoring and sustainability, industries are adopting advanced-level sensors for resource management and environmental compliance.

    • Published: October 2024

  • Pharmaceutical Drying Equipment Market worth $8.18 billion by 2029

    The report "Pharmaceutical Drying Equipment Market by Type (Freeze, Spray, Vacuum, Fluidized Bed), Scale of Operation (Industrial-scale, Pilot-scale, Lab-scale), End User (Pharmaceutical Companies, CDMOs, Research Universities) - Global Forecast to 2029", is valued at an estimated USD 5.80 billion in 2024. The size is projected to reach USD 8.18 billion by 2029, at a CAGR of 7.1%

    • Published: October 2024

  • Coating Additives Market worth $11.04 billion by 2029

    The report "Coating Additives Market by Type (Defoamer, Wetting & Dispersing Agents, Rheology Modifiers), Formulation (Water-borne, Solvent-borne), Application (Architectural, Industrial, Automotive & Transportation, Wood & Furniture), and Region - Global Forecast to 2029", size was USD 8.72 billion in 2024 and is projected to reach USD 11.04 billion by 2029, at a CAGR of 4.8%, between 2024 and 2029.

    • Published: October 2024

  • Industrial Cybersecurity Industry worth $135.11 billion by 2029

    The report "Industrial Cybersecurity Market by Antivirus/Malware, Firewall, Data Loss Prevention (DLP), SCADA, Security Information and Event Management (SIEM), Identity and Access Management, and Distributed Denial of Service (DDoS) - Global Forecast to 2029" The global industrial cybersecurity market was estimated to be valued at USD 84.54 billion in 2024 and is projected to reach USD 135.11 billion by 2029; it is expected to register a CAGR of 9.8% during the forecast period.

    • Published: October 2024

  • Rocket and Missile Industry worth $85.22 billion by 2029

    The report "Rocket and Missile Market by Product (Missiles, Rocket Artilleries, Torpedoes), Speed (Subsonic, Supersonic, Hypersonic), Propulsion Type (Solid, Liquid, Hybrid, Ramjet, Turbojet), Launch Mode, Guidance Mechanism and Region - Global Forecast to 2029" The global rocket and missile market is projected to reach USD 85.22 billion by 2029, from USD 62.50 billion in 2024, at a CAGR of 6.4%. The growth of the rockets and missiles market is driven by several factors, including increasing defense programs with the objective of strengthening country security against threats. Due to ongoing conflicts and rising defense expenditures worldwide, there is an increase in demand for missiles and rockets. In addition to changing the nature of warfare and the advancement of missile defense systems, governments efforts to strengthen their military preparedness and capabilities also contribute to this market expansion. Businesses are spending on R&D and advancing in rocket and missile technologies to strengthen their position in the market. Key players have spread their business across various countries including North America, Europe, Asia Pacific, the Middle East, and the Rest of the World.

    • Published: October 2024

  • European Smart Home Industry worth $36.12 billion by 2030

    According to a research report "European Smart Home Market by Lighting Controls, Smart Speakers, Entertainment Controls, HVAC Controls, Security & Access Control, Smart Kitchen, Home Healthcare, Smart Furniture, Home Appliances, Wired, Behavioral, Proactive - Global Forecast to 2030" The European smart home market was valued at USD 24.74 billion in 2025 and is projected to reach USD 36.12 billion by 2030; it is expected to register a CAGR of 7.9% during the forecast period.

    • Published: October 2024

  • PCB Encapsulation Market worth $5.59 billion by 2029

    The report "PCB Encapsulation Market by Resin Type (Epoxy, Acrylic), Curing Type (UV-Cure, Heat Cure, Room Temperature Cure), Application (Consumer Electronics, Automotive Electronics, Medical Devices), Product Type - Global Forecast to 2029", is projected to reach USD 5.59 billion by 2029, at a CAGR of 8.8% from USD 3.67  billion in 2024.

    • Published: October 2024

  • Black Mass Recycling Market worth $51.70 billion by 2032

    The report "Black Mass Recycling Market by Battery Type (Lithium-Ion, Nickel), Battery Source (Automotive, Consumer Electronics, Power, Marine), Recycling Process (Pyro, Hydro), Recovered Metal (Nickel, Cobalt, Lithium, Copper), & Region - Global Forecast to 2032", is projected to grow from USD 14.41 billion in 2024 to USD 51.70 billion by 2032, at a CAGR of 17.3% during the forecast period. The market for black mass recycling is mostly driven by the growing demand for recycled goods and materials. Sustainable practices are becoming important as environmental awareness rises and rules get stricter.  Due to their high concentration of precious metals like nickel, cobalt, and lithium, lithium-ion batteries are now popular candidates for recycling. Battery recycling lessens the environmental effect of battery production and promotes a circular economy by recovering these essential ingredients and lowering the reliance on virgin resources. This increased focus on sustainability is directly driving the market.

    • Published: October 2024

  • Enterprise Monitoring Market worth $80.26 billion by 2029

    According to a research report "Enterprise Monitoring Market by Platform (Infrastructure, Application Performance, Security, Digital Experience, Workforce Operation), Digital Experience Platform (Synthetics, Real User Experience, Web Performance) - Global Forecast to 2029" published by MarketsandMarkets, the Enterprise monitoring market is expected to reach USD 80.26 billion by 2029 from USD 35.12 billion in 2024, at a CAGR of 18.0 % during 2024–2029.  

    • Published: October 2024

  • Cattle & Porcine/Swine Reproductive Diseases Market worth $975.8 million by 2029

    The report "Cattle & Porcine/Swine Reproductive Diseases Market by Product (Diagnostics (ELISA, PCR, Rapid Antigen Testing), Pharmaceuticals (Vaccines), Supplements, Animal Type, Disease (BVD, PRRS, Leptospirosis, Brucellosis), End User - Global Forecast to 2029", is projected to reach USD 975.8 million by 2029 from USD 758.2 million in 2024 at a CAGR of 5.2%.

    • Published: October 2024

  • Pain Management Devices Market worth $5,835.8 million by 2029

    The report "Pain Management Devices Market by Type (Neurostimulation, Infusion Pump, Ablation), Application (Neuropathic, Musculoskeletal, Cancer pain), Mode of Purchase (Prescription, OTC), By End user (Hospital, Physiotherapy, Home care) - Global Forecast to 2029", is projected to reach USD 5,835.8 million by 2029 from USD 3,768.6 million in 2024, at a CAGR of 9.1% during the forecast period.

    • Published: October 2024

  • n-Butanol Market worth $7.50 billion by 2029

    The report "n-Butanol Market by Grade (Industrial, Pharmaceutical), Distribution Channel, Feedstock, Application (Butyl Carboxylate, Direct Solvents, Specialty Chemicals, Rubber & Plasticizers), End-Use Industry and Region - Global Forecast to 2029", is projected to reach USD 7.50 billion by 2029, from USD 5.63 billion in 2024, at a CAGR of 5.9 % during the forecast period.

    • Published: October 2024

  • Digital Cockpit Market worth 67 million units by 2030

    According to a research report "Digital Cockpit Market by Type (ICE, EV), Segment (Entry, Mid & High-End Cockpit), Display Size (<10", 10-15", >15") and Region (North America, Europe, and Asia-Pacific), Technology Trends, Competitive Analysis, and Future Monetization Strategies - Global Forecast 2030" published by MarketsandMarkets, the digital cockpit market is projected to reach 67 million units by 2030 from 45 million units in 2024, at a CAGR of 7.0%.

    • Published: October 2024

  • Air-Cooled Heat Exchanger Market worth $ 5.69 Billion by 2029

    The report "Air-Cooled Heat Exchanger Market by Structure, Material (Stainless Steel, Carbon Steel), Type (Induced Draft, Forced Draft), Fin Design, Capacity, End-Use Industry (Oil & Gas, Power Generation, Data Center), and Region - Global Forecast to 2029", is projected to reach USD 5.69 Billion by 2029, at a CAGR of 7.5% from USD 3.96 Billion in 2024.

    • Published: October 2024

  • Bioconjugation Market worth $10.86 billion by 2029

    The report "Bioconjugation Market by Product (Consumables, Instruments (Chromatography, Spectrometry)), Service (Conjugation, Analytical), Technique (Chemical, Click Chemistry), Biomolecule (Antibodies), Application (Therapeutics (ADC), R&D) - Global Forecast to 2029", is projected to reach USD 10.86 billion by 2029 from an estimated USD 5.27 billion in 2024, at a CAGR of 15.6% during the forecast period.

    • Published: October 2024

  • Body Contouring Treatments Market worth $2.58 billion by 2029

    The report "Body Contouring Treatments Market by Technology (RF, Laser, Cryo, Ultrasound), Application (Cellulite, Liposuction, Abdominoplasty), Gender (Male, Female), End user (Hospitals, Aesthetic Clinics, Medical Spas, Beauty Centers) - Global Forecast to 2029", is estimated to reach USD 2.58 billion by 2029, up from USD 1.46  billion in 2024, at a CAGR of 10.0% from 2024 to 2029. Growing adoption and rising awareness of body contouring procedures is expected to drive the market. Additionally, the increasing adoption of minimally invasive and non-invasive procedures is contributing significantly to the market growth. These procedures offer various advantages such as reduced postoperative pain, shorter hospital stays, quicker recovery time, and lower risk of complications compared to traditional open surgeries.

    • Published: October 2024

  • mRNA Synthesis & Manufacturing Market worth $2.96 billion by 2029

    The report "mRNA Synthesis & Manufacturing Market by Product (Consumables [Transcription, Purification, Analysis & Characterization], Instrument), Service (Synthesis, Purification, Manufacturing & Scale-up), Application (CGT, Vaccines) - Global Forecast to 2029", is projected to reach USD 2.96 billion by 2029 from an estimated USD 2.23 billion in 2024, at a CAGR of 5.8% during the forecast period.

    • Published: October 2024

  • Ammonia Market worth $91.95 billion by 2029

    The report "Ammonia Market by Type (Anhydrous, Aqueous), Sales Channel (Direct and Indirect), End-use Industry (Agriculture, Textile, Refrigeration, Mining, and Pharmaceutical), and Region - Global Forecast to 2029", size is projected to grow from USD 79.47 billion in 2024 and is projected to reach USD 91.95 billion by 2029, at a CAGR of 3.0%

    • Published: October 2024

  • Digital Denture Market worth $2.39 billion by 2031

    The report "Digital Denture Market by Type (Complete Denture, Partial Denture), Tool (Equipment, Software), Usability (Removable Denture, Fixed Denture), Material (Resin, Plastic), End User (Dental Hospital & Dental Clinic) - Global Forecast to 2031" The digital dentures market is projected to reach USD 2.39 billion by 2031 from USD 1.62 billion in 2026, at a CAGR of 6.7% during the forecast period. The digital dentures market is growing rapidly as increasing tooth loss and edentulism, especially among the elderly, necessitate more efficient and customized dental prosthetics. Advancements in digital dentistry, such as CAD/CAM systems, intraoral scanners, and 3D printing, have enabled dentists to manufacture dentures that fit more accurately, are more comfortable and aesthetically pleasing, and, at the same time, reduce chair time and turnaround time for patients. On top of that, dental clinics and laboratories are fully digitizing their workflows to increase efficiency, scalability, and cost-effectiveness. Besides, innovations in dental materials and fabrication techniques remain a powerful lever, attracting the bulk of the market to the idea of salon-quality, patient-adapted denture solutions at a breathtaking pace.

    • Published: October 2024

  • Polymer Foam Market worth $142.02 billion by 2030

    The report "Polymer Foam Market by Resin Type (PU, PS, PO, Phenolic), Foam Type (Rigid, Flexible), End-Use Industry (Building & Construction, Packaging, Automotive, Furniture & Bedding, Footwear, Sports, & Recreational), and Region - Global Forecast to 2030 ", The global polymer foam market is projected to grow from USD 102.61 billion in 2024 to USD 142.02 billion by 2030, at a CAGR of 5.6% during the forecast period.

    • Published: October 2024


Market Research Reports

DMCA.com Protection Status