Press Release

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

Privileged Access Management Market worth $7.7 billion by 2028

According to a research report "Privileged Access Management Market by Offering, Deployment Mode (On-Premises and Cloud), Vertical (BFSI, Government, IT & Ites, Healthcare, Telecommunications, Manufacturing, Energy & Utilities, Retail & Ecommerce) and Region - Global Forecast to 2028" published by MarketsandMarkets, the global Privileged Access Management (PAM) market size is projected to grow from USD 2.9 billion in 2023 to USD 7.7 billion by 2028 at a CAGR of 21.5% during the forecast period. The market for PAM has seen significant expansion due to the rapid adoption of digital transformation and cloud technologies, increasing concerns over account and password sharing, the rising threat from insider activities, and enhanced compliance with regulatory standards.

• Published: November 2023

Hypersonic Flight Industry worth $1,154 million by 2030

The report "Hypersonic Flight Industry by Vehicle Type (Hypersonic Aircraft, Hypersonic Spacecraft), Industry (Military, Space, Commercial), Component ( Propulsion, Aerostructure, Avionics) and Region (North America, Europe, APAC, RoW) - Global forecast to 2030" The Hypersonic Flight Industry is estimated to be USD 782 million in 2023 and is projected to reach USD 1,154 million by 2030, at a CAGR of 5.7 % during the forecast period. Hypersonic flight refers to the operation of an aircraft or vehicle at speeds significantly exceeding the speed of sound, typically defined as Mach 5 (five times the speed of sound) or greater. This means traveling at speeds of approximately 3,836 miles per hour (6,174 kilometers per hour) or more. Hypersonic flight has both military and civilian applications. In the military context, hypersonic aircraft can  be utilized for reconnaissance, intelligence gathering, and response to time-sensitive threats. In the civilian context, the potential for hypersonic passenger aircraft promises dramatically reduced travel times for long-haul flights, revolutionizing air travel. Additionally, hypersonic technology has applications in space exploration, satellite deployment, and scientific research due to its ability to reach orbital velocities and explore distant regions of space more quickly.

• Published: November 2023

DNA Data Storage Industry worth $3,348 million by 2030

The report "DNA Data Storage Market by Type (Cloud, On-Premises), Technology (Sequence-based DNA Data Storage, Structure-based DNA Data Storage), End Users (Government, Healthcare & Biotechnology, Media & Telecommunication) and Geography - Global Forecast to 2030" The DNA Data storage market is projected to grow from USD 76 million in 2024 and is expected to reach USD 3,348 million by 2030, growing at a CAGR of 87.7% from 2024 to 2030. The growing threat of cyberattacks is one of the key factors driving the demand for DNA data storage. Cyberattacks are becoming increasingly sophisticated and frequent, and traditional data storage methods are vulnerable to attack. DNA data storage offers a more secure way to store data, making it less vulnerable to cyberattacks. DNA data storage mitigates the risk of large-scale data breaches, as physical access to the DNA sample is required for any kind of data retrieval, making it significantly more secure than digital databases.

• Published: November 2023

AdTech Market worth $1,496.2 billion by 2030

According to a research report "AdTech Market by Offering (Solutions and Services), Advertising Type (Programmatic, Native Advertising), Advertising Media (Television, Digital Advertising), Vertical (Media & Entertainment, Retail & eCommerce, BFSI and Region - Global Forecast to 2030" published by MarketsandMarkets, the AdTech market is projected to grow from USD 579.4 billion in 2023 to USD 1,496.2 billion by 2030, at a compound annual growth rate (CAGR) of 14.5% during the forecast period. The AdTech market is expected to grow significantly during the forecast period, owing to various business drivers like the increasing demand for data-informed marketing strategies, the growing popularity of audio streaming and podcasts for audio advertising is also responsible for driving the market’s growth.

• Published: November 2023

Mobile Threat Defense Market worth $7.2 billion by 2028

According to a research report "Mobile Threat Defense Market by Offering, Operating System (iOS, Android, Other OS), Deployment Mode (On-premises and Cloud), Organization Size, Application (Phishing, Ransomware, Malware), Vertical, Region - Global Forecast to 2028" published by MarketsandMarkets, the global mobile threat defense market is estimated to be worth USD 2.6 billion in 2023 and is projected to reach USD 7.2 billion by 2028, at a CAGR of 22.9% during the forecast period.

• Published: November 2023

Carbon Fiber Construction Repair Market worth $192 million by 2028

The report "Carbon Fiber Construction Repair Market by Product Type (Rebar, Fabric, Plate), Application (Residential & Commercial Building, Infrastructure, Industrial), and Region (North America, Europe, APAC, Latin America, MEA) - Global Forecast to 2028", is estimated at USD 119 million in 2023 and is projected to reach USD 192 million by 2028, at a CAGR of 10.0% from 2023 to 2028. The aging infrastructure, government support for construction repair projects, and rapid urbanization are triggering the growth of the carbon fiber construction repair market. The high growth of construction repair composites can be attributed to the growing number of construction repair projects globally due to the rising population, rapid urbanization, and high economic growth in some regions. Emerging markets like China, the UAE, and Saudi Arabia are showing remarkable growth due to the aforementioned factors. Also, construction repair composites are much better alternatives to traditional substitutes, i.e., steel and aluminum. This has been a decisive factor in carbon fiber composite growth, especially in regions like North America and Europe, where the usage of construction repair composite products is quite high.

• Published: November 2023

Train Battery Market worth $378 million by 2030

According to a research report "Train Battery Market by Type & Technology (Lead-acid Tubular, VRLA, Conventional; Ni-Cd Sinter, Fiber, Pocket, & Li-ion; LFP, LTO), Advanced Train (Fully Battery-Operated and Hybrid), Rolling Stock Type, Application and Region - Global Forecast to 2030" published by MarketsandMarkets, the global train battery market is projected to grow from USD 277 million in 2023 to USD 378 million by 2030 at a CAGR of 4.6% from 2023 to 2030.

• Published: November 2023

Preparative and Process Chromatography Market worth $15.6 billion by 2028

The report "Preparative and Process Chromatography Market by Type (Preparative Chromatography (Chemicals & Reagents, Resins (Affinity, HIC, Ion Exchange), Columns, Systems, Services), Process Chromatography), End User (Pharma, Biotech) - Global Forecast to 2028", is projected to reach USD 15.6 billion by 2028 from USD 11.3 billion in 2023, at a CAGR of 6.8% during the forecast period. The growth of this market is majorly driven by growth of CROs and CMOs in pharmaceutical industry, growing demand for monoclonal antibodies, and rise in need for disposable prepacked columns.

• Published: November 2023

Nucleic Acid Isolation and Purification Market worth $10.99 billion in 2030

The report "Nucleic Acid Isolation and Purification Market by Product (Kits, Reagents, Instruments), Method (Column, Magnetic Beads), Type (Genomic DNA, Plasmid DNA), Application (Diagnostics, Personalized Medicine), End User (CROs), Region - Global Forecast to 2030” is projected to grow from USD 7.10 billion in 2025 and to reach USD 10.99 billion in 2030, at a Compound Annual Growth Rate (CAGR) of 9.1% during the forecast period.

• Published: November 2023

Spatial Computing Market worth $280.5 billion by 2028

According to a research report "Spatial Computing Market by Technology Type (AR Technology, VR Technology, MR Technology), Component (Hardware, Software, Services), Vertical (Media & Entertainment, Manufacturing, Retail & eCommerce) and Region - Global Forecast to 2028" published by MarketsandMarkets, the Spatial computing market size is expected to grow from USD 97.9 billion in 2023 to USD 280.5 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 23.4% during the forecast period. The availability of affordable hardware and advancements in real-time rendering engines will likely boost the adoption of spatial computing globally.

• Published: November 2023

Artificial Intelligence (AI) Supercomputer Industry worth $3.3 billion by 2028

The report "Artificial Intelligence (AI) Supercomputer Market by Components (Processors/Compute, Storage, Memory, Interconnects), Deployment (Cloud, On-Premises), Application (Government, Academia and Research, Commercial) and Geography – Global Forecast to 2028" The AI supercomputer market is projected to grow from USD 1.2 billion in 2023 and reach USD 3.3 billion by 2028, growing at a CAGR of 22.0% from 2023 to 2028. The application of AI supercomputers in the healthcare sector has witnessed significant growth in recent years. These powerful computing systems are being leveraged to address complex challenges, enhance medical research, and streamline healthcare operations. AI supercomputers help accelerate drug discovery by simulating molecular interactions, predicting potential drug candidates, and simulating the behavior of compounds. This aids in precision medicine and enhances diagnostic capabilities.

• Published: November 2023

Vision Transformers Market worth $1.2 billion by 2028

According to a research report "Vision Transformers Market by Offering (Solutions, Professional Services), Application (Image Segmentation, Object Detection, Image Captioning), Vertical (Media & Entertainment, Retail & eCommerce, Automotive) and Region - Global Forecast to 2028" published by MarketsandMarkets, the vision transformers market is expected to grow from USD 0.2 billion in 2023 to USD 1.2 billion by 2028 at a CAGR of 34.2% during the forecast period. Vision transformers, inspired by the success of Transformer models in natural language processing, have revolutionized the way machines perceive and understand visual data, including images and videos. The market encompasses a wide range of offerings, including hardware, software, and professional services, to support the adoption of Vision transformer solutions.The exponential growth of AI in machine vision and the increasing need for image recognition in the automotive industry are driving the market growth.

• Published: November 2023

Food Diagnostics Market worth $23.5 billion by 2028

According to a research report "Food Diagnostics Market by Type (Systems, Test Kits, and Consumables), Testing Type (Safety and Quality), Site (Outsourcing Facility and Inhouse), Food Tested (Meat, Poultry & Seafood, Dairy Products, Processed Food) and Region - Global Forecast to 2028" published by MarketsandMarkets, the global food diagnostics market is estimated at USD 16.2 billion in 2023 and is projected to reach USD 23.5 billion by 2028, at a CAGR of 7.7% from 2023 to 2028. Food diagnostics involves a range of techniques and technologies used to detect contaminants, pathogens, allergens, and adulterants in food products. The market is primarily driven by the growing concerns regarding food safety, increasing consumer awareness, and stringent regulations imposed by governments worldwide. With the globalization of the food supply chain, the need for accurate and rapid testing methods has surged, fostering innovation in this sector.

• Published: November 2023

High Altitude Pseudo Satellite Industry worth $189 million by 2028

The report "High Altitude Pseudo Satellite Market by Platform (Airships, Balloons and UAVs), Application (Communication, Earth Observation & Remote Sensing, Others (ISR, Monitoring, Search and Rescue, Navigation)), End User and Region - Forecast to 2028" The high altitude pseudo satellite market size is projected to grow from USD  85 million in 2023 to USD 189  million by 2028, at a CAGR of 17.2% from 2023 to 2028. The demand for these systems has witnessed significant growth recently due to improving reliability for long-duration HAPS deployments, rising demand of HAPS in emergency services, advancing payload integration techniques for versatile HAPS operations and growing adoption of composite material to build lightweight HAPS. These drivers have led to the growth of High altitude pseudo satellite market.

• Published: October 2023

Wastewater Reverse Osmosis Membrane Market worth $1.6 billion by 2028

The report "Wastewater Reverse Osmosis Membrane Market by Type (Cellulose Acetate, Thin Film Composite), Application (Residential,Commercial, Industrial), And Region (North America, Europe, APAC, South America, Middle East & Africa) - Global Forecast to 2028", is projected to reach USD 1.6 billion by 2028, at a CAGR of 9.9% from USD 0.9 billion in 2023.

• Published: October 2023

ALD Equipment Industry worth $6.2 billion by 2028

The report "ALD Equipment Market by Deposition Method (Plasma Enhanced ALD, Thermal ALD, Spatial ALD), Film Type (Oxide Films, Fluoride Films), Semiconductor Application (More than Moore, More Moore), Non-semiconductor Application and Region- Global Forecast to 2028" The ALD Equipment Market is expected to reach USD 6.2 billion by 2028 from USD 3.9 billion in 2023, at a CAGR of 10.0% during the 2023–2028 period. The major factors driving the market growth of the ALD equipment market include the increasing demand for 3D NAND SSDs and benefits offered by ALD equipment as compared to other CVD equipment. Additionally, the growing demand for memory devices from AI-based servers is expected to fuel the market growth of semiconductor industry which will create growth opportunities for the ALD equipment market.

• Published: October 2023

Medical Packaging Films Market worth $10.4 billion by 2028

The report "Medical Packaging Films Market by Material (Polyethylene, Polypropylene, Polyvinyl Chloride, Polyamide), Type (Thermoformable Film, High Barrier Film, Metallized Film), Application (Bags, Tubes), and Region - Global Forecast to 2028", size is estimated to be USD 7.8 billion in 2023, and it is projected to reach USD 10.4 billion by 2028 at a CAGR of 6.0%.

• Published: October 2023

Automotive Wiring Harness Market worth $59.5 billion by 2030

According to a research report "Automotive Wiring Harness Market by Application (Engine, Chassis, Cabin, Body & Lighting, HVAC, Battery, Dashboard/Cabin, Seat, Sunroof, Door), ICE & EV Transmission Type, Data Rate, Component Material & Region - Global Forecast to 2030", The global automotive wiring harness market is projected to grow from USD 48.7 billion in 2023 to USD 59.5 billion by 2030, at a CAGR of 2.9% from 2023 to 2030

• Published: October 2023

In Vitro Toxicology Testing Market worth $17.1 billion by 2028

The report "In Vitro Toxicology Testing Market by Product & Service (Assays (ELISA & Western Blot), Equipment, Consumable, Software), Toxicity Endpoints (ADME, Genotoxicity, Cytotoxicity), Technology, Method, Industry (Pharma, Cosmetics) - Global Forecast to 2028", is projected to reach USD 17.1 billion by 2028 from an estimated USD 10.8 billion in 2023, at a CAGR of 9.5% during the forecast period. Technological advancements taking place in assays and equipment being used for such studies, along with the increasing R&D expenditure to undertake toxicity studies during the early stages of drug development, are also aiding the adoption of in vitro testing. Stringent regulations have also been implemented across large parts of the globe to minimize animal testing, which has prompted the pharmaceutical and cosmetics industries to shift to in vitro methods for product testing. However, authorities are still reluctant to fully accept safety and efficacy data generated from non-animal methods, which is a major restraint to market growth.

• Published: October 2023

Top 10 Food Safety Testing and Technologies Trends worth $33.7 billion by 2028

According to a research report "Top 10 Food Safety Testing and Technologies Trends: (Food Safety, GM Food Safety, Food Pathogen, Meat Speciation, Food Authenticity, Pesticide Residue, Mycotoxin, Allergen, Water, and Bottled Water) - Global Forecast to 2028" published by MarketsandMarkets, the food safety testing market is projected to grow at a CAGR of 8.2% from an estimated value of USD 22.7 billion in 2023 to reach USD 33.7 billion by 2028.

• Published: October 2023

Compressed Air Filter and Dryer Industry worth $7.4 billion by 2028

According to the new market research report "Compressed Air Filter and Dryer Market by Product Type (Air Dryer (Refrigeration, Desiccant, Deliquescent, Membrane), Air Filter (Particulate, Coalescing, Compressed Intake, Activated Carbon)), Industry, Region - Global Forecast to 2028" The Compressed Air Filter and Dryer Industry Size is expected to reach USD 7.4 billion by 2028 from USD 5.6 billion in 2023, at a CAGR of 5.8% during 2023–2028.

The significant growth factor associated with the Compressed Air Filter and Dryer Industry growth is the Increasing use of compressed air systems in various industrial processes to enhance productivity and Rising demand for compressed air solutions in food & beverage industry. The compressed air filter and dryer industry witnessing significant growth because adoption of industry 4.0 in market, launch of energy-efficient compressed filters, adoption of smart control and IoT technologies.

• Published: October 2023

AI Toolkit Market worth $91.6 billion by 2028

According to a research report "Artificial Intelligence (AI) Toolkit Market by Offering (Hardware, Software, Services), Technology (Natural Language Processing, Machine Learning), Vertical (BFSI, Retail & eCommerce, Healthcare & Life Sciences) and Region - Global Forecast to 2028" published by MarketsandMarkets, the AI Toolkit market is estimated at USD 19.5 billion in 2023 to USD 91.6 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 36.2%. The adoption of AI toolkits for the development of chatbots and virtual assistants in customer service represents a pivotal driver in the growth of the AI toolkit market. This trend has gained substantial traction, primarily due to its ability to profoundly enhance the customer experience while concurrently reducing operational service costs. Chatbots, powered by AI toolkits, offer instantaneous responses to customer queries, ensuring 24/7 availability, and swift issue resolution. This not only augments customer satisfaction by providing quick and efficient support but also leads to cost savings by reducing the need for large customer service teams. Furthermore, AI-driven chatbots continuously learn from interactions, improving their capabilities over time. As a result, businesses are increasingly turning to AI toolkits to develop more intelligent and versatile chatbots, fueling the demand for AI toolkit solutions that can enable these customer service innovations.

• Published: October 2023

Co-Packaged Optics Industry worth $49 million by 2028

The report "Co-Packaged Optics Market by Type (CPO, NPO), Data Rates (less than 1.6 T & 1.6 T, 3.2 T, 6.4 T), Application (Data Center and High-performance Computing, and Telecommunication and Networking), Packaging Technology and Region - Global Forecast to 2028" The co-packaged optics industry is projected to grow from USD 15 million in 2023 to USD 49 million by 2028, registering a CAGR of 26.5% during the forecast period. The market growth is attributed to the Penetration of IoT and connected devices in education and healthcare sectors. Furthermore, rising deployment of 5G network is expected to create lucrative opportunities for the market.

• Published: October 2023

Drone Services Industry worth $57.8 billion by 2028

According to a research report "Drone Services Industry by Type (Platform Service, MRO, and Training and Simulation), Application, Industry, Solution (End-To-End, Point), and Region( North America, Europe, Asia Pacific, Middle East and Row) - Global Forecast to 2028" The overall drone services industry is projected to experience significant growth, transitioning from USD 17.0 billion in 2023 to USD 57.8 billion by 2028, reflecting a notable Compound Annual Growth Rate (CAGR) of 27.7% between 2023 and 2028. Notably, North America is anticipated to hold the most substantial share of the drone services market in 2023.

• Published: October 2023

Basalt Fiber Market worth $503 million by 2028

The report "Basalt Fiber Market by Usage (Composites, Non-Composites), End-Use Industry (Construction & Infrastrastructure, Automotive & Transportation, Wind Energy, Electrical & Electronics, Marine), and Region - Global Forecast to 2028", is expected to grow significantly over the next several years, with a predicted valuation of USD 503 million by 2028, up from USD 279 million in 2023. Throughout the predicted period, a strong compound annual growth rate (CAGR) of 12.5% supports this growth. The primary factor behind the growth of the basalt fiber business is the growing demand for eco-friendly materials that possess outstanding strength-to-weight ratios, excellent tensile strengths, and electrical conductivity, among other characteristics. The resurgence of some end-use industries and the expansion of government economic stimulus plans are also contributing significantly to the rise in demand for basalt fibers worldwide.

• Published: October 2023

Human Machine Interface Industry worth $7.7 billion by 2028

The report "Human Machine Interface Market by Offering (Basic, Advanced Panel-based, & Advanced PC-based HMI), Software (On-premises, Cloud-based), Screen Size (1"-9", 9"-17", More than 17"), Configuration (Standalone, Embedded), Industry - Global Forecast to 2028" The HMI market is expected to reach USD 7.7 billion by 2028 from USD 5.2 billion in 2023, at a CAGR of 8.2% during the 2023–2028 period.

• Published: October 2023

Cardiac Marker Testing Industry worth $6.9 billion by 2028, with a CAGR of 9.4%

The report "Cardiac Marker Testing Market by Biomarker (Troponin, CK-MB, BNP, hs-CRP, Myoglobin), Product (Instrument (Chemiluminescence, ELISA), Reagents & Kits), Disease (MI, CHF, Atherosclerosis), User, ASP & Buying Criteria - Global Forecast to 2028", is projected to reach USD 6.9 billion by 2028 from USD 4.4 billion in 2023, growing at a CAGR of 9.4% during the forecast period. The expansion of the cardiac marker testing market is propelled by several synergistic factors, including increasing demand for early diagnosis of cardiovascular diseases, escalating cardiovascular diseases prevalence, rising geriatric patient population, growing public-private investments to support for the clinical research of  novel cardiac biomarkers and the presence of key market players in developing regions.

• Published: October 2023

Polyester Film Market worth $44.2 billion by 2028

The report "Polyester Film Market by Type (Biaxially oriented, thermal film, metalized film, holographic film, UV stabilized, matte film, barrier film), Application (packaging, electrical insulation, imaging), End Use Industry, and Region - Global forecast to 2028 ", is projected to reach USD 44.2 billion by 2028, at a CAGR of 6.2% from USD  32.7 billion in 2023. The Polyester Film market is mainly driven by the demand from various end use industries such as textile, pharmaceutical, transportation, packaging and electronic appliances, others.  It is also driven by developing and emerging economies such as US and China.

• Published: October 2023

Optical Satellite Industry worth $4.1 billion by 2028

The report "Optical Satellite Market by Size (Small, Medium, Large), Application (Earth Observation, Communication), Operational Orbit, Component, End User and Region (North America, Europe, Asia Pacific, Rest of the world) - Global Forecast to 2028" The OPTICAL SATELLITE market is valued at USD 2.0 billion in 2023 and is projected to reach USD 4.1 billion by 2028, at a CAGR of 15.1% from 2023 to 2028. The optical satellite market is a subset of the satellite and technology industry that focuses on the development and deployment of optical satellite. Optical satellites represent cutting-edge space-based platforms equipped with high-resolution cameras and specialized sensors, designed for precision Earth imaging and data capture. Optical satellite technology empowers businesses and governments to access crucial information for data-driven decision-making, encompassing tasks such as land use analysis, disaster monitoring, and national security enhancement.

• Published: October 2023