Press Release page-59 | MarketsandMarkets

AC Motors Market worth $6.60 billion by 2029

According to a research report "AC Motors Market by Type (Induction, Synchronous), Voltage (3 kV-3.6 kV, 3.7-4.9 kV, 5 kV-7.2 kV, above 7.2 kV), Poles (2, 4, 6, 8, 10), Power Rating, End User and Region - Global Trends & Forecast to 2029" published by MarketsandMarkets, the AC motors market is projected to reach USD 6.60 billion by 2029 from an estimated USD 4.60 billion in 2024, at a CAGR of 7.5% during the forecast period (2024–2029).
- Published: December 2024
In-flight Internet Market Growth in India

Indigenous development of in-flight connectivity to drive market growth in India

The aviation industry is proliferating due to the number of domestic and international flights out of India. The growth happening in a tech-savvy country like India gives it all the more speed because this growing number of customers requires better internet and communication in-flight. These in-flight connectivity market solutions have to soar further as they deal with the fast-rising business of aviation.
- Published: December 2024
In-flight Internet Market Growth in Saudi Arabia

Vision 2030 program to drive market growth

Technologically, Saudi Arabia is beginning to emerge as a primary source of in-flight internet markets. The aviation industry within Saudi Arabia is proliferating with major airlines such as Saudi Arabian Airlines (SAUDIA), which have made great efforts toward ensuring that passengers are completely connected during their flights with leaders such as SITAONAIR that helps deliver reliable Wi-Fi service on select flights, enabling enhanced travel experiences for tech-friendly passengers.
- Published: December 2024
Lubricants Market Outlook 2025: New Opportunities worth USD 178.1 billion by 2025 in Lubricants Industry

According to a research report "Lubricants Market Outlook 2025 - Navigating the sustainable and disruptive Horizon of Tomorrow", published by MarketsandMarkets, The lubricants market size was USD 173.5 billion in 2024 and is projected to reach USD 178.1 billion by 2025, at a CAGR of 2.7%, between 2024 and 2025. The global lubricants market is expected to increase highly in the coming years due to a number of factors. A major driver for growth in the market is increasing demand for high-performance engines in the automotive and industrial sectors. The expanding marine industry, and the limitations of electric vehicles are other factors that are driving the lubricant market. Furthermore, a growing global population along with industrialization and urbanization is creating an increasing demand for lubricants in all sorts of applications, such as transportation, manufacturing, and agriculture.
- Published: December 2024
Shaping the Future of Nutraceuticals: Trends, Innovations, and Market Outlook for 2024 and Beyond

According to a research report "Nutraceuticals & Dietary Supplements Industry Outlook 2025 - Personalized Nutrition, Sustainability, and Technological Advancements Shaping the Future of Wellness" published by MarketsandMarkets, the Future of Nutraceuticals & dietary supplements Industry Outlook for 2024 offers an in-depth exploration of the industry's trajectory. It highlights key market segments such as personalized nutrition, functional ingredients, plant-based nutraceuticals, clean-label products, probiotics, omega-3 fatty acids, vitamins, and supplements targeting specific health concerns. The report emphasizes advancements in digital health, the growing demand for sustainable and ethically sourced ingredients, and the integration of cutting-edge technologies like artificial intelligence (AI) in supplement formulation and personalized health solutions.
- Published: December 2024
Light Curable Adhesives Market worth $2.7 billion by 2029

The report "Light Curable Adhesives Market by Resin Type (Silicone, Polyurethane, Acrylic, Epoxy, Others), Substrate(Rubber, Plastic, Metal, Others), Application(Medical, Electronics, Glass Bonding, Industrial Assembly, Others) & Region - Global Forecast to 2029", size is projected to reach USD 2.7 billion by 2029, at a CAGR of 9.3% from USD 1.3 billion in 2024 during the forecast period. There are several key factors driving the growth of the light curable adhesives market. The most important among them is the growing demand from end-use industries such as electronics, medical devices, automotive, and packaging. In the electronics industry, the need for fast-curing, high-precision adhesives to bond miniaturized components is growing with the miniaturization of devices. In the case of medical devices, the light curable adhesives are used for precise bonding and sterilization compatibility, which are driving market growth. Second, technology advancements in UV and LED curing systems have greatly increased the productivity and flexibility of light curing adhesives. As curing times can be considerably faster, less energy consuming, and capable of bonding numerous substrates together, they open up further applications that will increase the demand even more. On the whole, the pressure on adopting sustainable operations and following environmental regulations has increased demand for VOC and environmentally friendly adhesive alternatives. Such environmental standards make light curable adhesives perfectly placed as a greener alternative to be used by various industries. In addition, the cost-efficiency of light curable adhesives because of faster curing times and lower production energy requirements has made this an attractive proposition for process optimization for the manufacturers. Last but not the least, the emerging market expansion and the use of lightweight materials in automobile and consumer electronics are factors contributing to this market growth.
- Published: December 2024
Satellite Ground Station Market Growth in the UK

UK’s technological advancements and AI integration will propel the growth of the satellite ground station market.

The UK has been providing tremendous venture capital funding to these start-ups in the LEO constellation. For example, there is OneWeb in London. In 2023, OneWeb completed its rollout of an LEO satellite constellation meant to enhance global connectivity and help with critical communications applications, such as disaster response and rural connectivity.
- Published: December 2024
Leo Satellite Market Growth in Canada

Canada's pursuit of high domestic demand and strategic investments to propel the growth of the LEO Satellite Market.

Canada's Low Earth Orbit (LEO) satellite market is growing rapidly with massive investment and strategic partnership which helps to enhance global connectivity and technological innovation. Telesat Lightspeed constellation by Telesat is a major development aimed at global delivery of broadband services at high speed.
- Published: December 2024
Leo Satellite Market Growth in Mexico

Mexico's Strategic Investments and Collaborations Propel its Emergence as A Key Country in the Low Earth Orbit Satellite Market

Mexico is playing a significant role in the LEO satellite market. Strategically, the government invested in collaboration with Foxconn to enhance its technological infrastructure and global connectivity. Foxconn at Guadalajara opens a major manufacturing plant; that is, for the assembly and manufacturing of Nvidia's advanced GB200 Blackwell AI servers in its operations. This move reflects Mexico's increasing stature in high-tech manufacturing, especially components critical to satellite technology.
- Published: December 2024
Leo Satellite Market Growth in Saudi Arabia

Growing Collaborations for technological advancement of space systems to boost Saudi Arabia LEO satellite market growth

Saudi Arabia is making tremendous strides in the Low Earth Orbit (LEO) satellite market. This is in line with the country's Vision 2030, which focuses on the diversification of the economy and technological capabilities. One of the biggest events is the formation by PIF of Neo Space Group (NSG) in May 2024. This intends to become a national market leader in the satellite and space industry, specializing in communications, Earth observation, navigation, and Internet of Things. The group intends to put investments in both international and local assets to develop and localize the relevant competencies in the sector.
- Published: December 2024
Satellite Ground Station Market Growth in Canada

Canada's pursuit of high domestic demand and strategic investments to propel the growth of the satellite ground station market.

Growth in the Canadian satellite ground station market is based on increased demand for secure and reliable satellite communication services. Application areas in the telecommunications, remote sensing, and scientific research sectors, incredibly remote and underserved regions, are the stimuli for this growth. Moreover, increasing government support to enhance Canada's military and government communication infrastructure has further encouraged the market.
- Published: December 2024
Satellite Ground Station Market Growth in India

India’s lucrative space initiatives are driving the satellite ground station market.

The driving force for India's satellite ground station market is the country's advanced space infrastructure, led by the Indian Deep Space Network, inaugurated in Karnataka in 2008. This facility has provided crucial missions on lunar and Mars exploration missions, including deep space ventures. IDSN features advanced antennas that can trace objects from deep space, which is the epitome of India's capability in Earth observation, communication, and navigation satellite applications. For instance, the IDSN played a key role in the Chandrayaan-2 and Mars Orbiter missions, establishing India as an interplanetary communication leader.
- Published: December 2024
AI in Oncology Market worth $11.52 billion by 2030

The report "AI in Oncology Market by Player Type (Integrated Suite), Application (Drug Discovery, De Novo Drug Design, Diagnosis, Precision Medicine, Genomic), Technology (CNN, NLP), Cancer Type (Lung), End User (Hospitals, Pharma), & Region - Global Forecast to 2030", is expected to reach USD 11.52 billion by 2030, up from USD 2.45 billion in 2024, at a CAGR of 29.4 % from 2024 to 2030.
- Published: December 2024
Property Management Market worth $42.78 billion by 2030

According to a research report "Property Management Market by Software Type (Lease Management (Portfolio Management, Document Storage & Management, AI Lease Abstraction, Lease Accounting & Administration), Facility Management, Reporting & Analytics), End User - Global Forecast to 2030" published by MarketsandMarkets, the property management market is expected to reach USD 42.78 billion by 2030 from USD 26.49 billion in 2024, at a CAGR of 8.3% during 2024–2030.
- Published: December 2024
AI in Computer Vision Industry worth $63.48 billion in 2030

The report "AI in Computer Vision Market by Offering (Cameras, Frame Grabbers, Optics, LED Lighting, CPU, GPU, ASIC, FPGA, AI Vision Software, AI Platform), Technology (Machine Learning, GenAI), Function (Training, Inference), Application - Global Forecast to 2030" The global Al in computer vision market is projected to reach USD 63.48 billion in 2030 from USD 23.42 billion in 2025; it is expected to grow at a CAGR of 22.1% from 2025 to 2030. The AI in computer vision market is growing at an incredible pace as industries increasingly rely on advanced technologies to improve efficiency, accuracy, and decision-making. In the healthcare industry, it is revolutionizing diagnostics with enhanced image analysis. In manufacturing, it enhances quality control through automated inspections. Retailers use it to track customer behavior and offer customers a tailored shopping experience. The automotive sector uses it for self-driving cars, safety systems. This growth is primarily triggered by the increased availability of visual data from smartphones, surveillance systems, and IoT devices together with the advancement in machine learning and deep learning.
- Published: December 2024
Flow Battery Industry worth $1.18 billion by 2030

The report "Flow Battery Market by Battery Type (Redox, Hybrid), Material (Vanadium, Zinc Bromine, Organic, All-iron, Hydrogen Bromine), Storage (Large Scale & Small Scale), Use Cases (Peak Capacity, Energy Shifting, Frequency Regulation) - Global Forecast to 2030" The global flow battery market will be USD 1.18 billion by 2030 from USD 0.34 billion by 2024, at a CAGR of 23.0% during the forecast period. The Flow Battery is an energy storage system that has varying applications from utility, telecoms, commercial, industrial and military. It has recently gained widespread use in residential and electric vehicle charging applications because of the technical superiority over the lithium-ion and lead-acid batteries. In conventional batteries, energy is embodied in the electrode material; whereas, in flow batteries, the energy is stored in external tanks containing liquid electrolytes which are circulated through cells to create the electrochemical reaction.
- Published: December 2024
Chillers Market worth $15.42 billion by 2029

The report "Chillers Market by Type (Screw, Scroll, Centrifugal, Absorption, Reciprocating), Medium (Air Cooled, Water Cooled, Liquid Coolant), Capacity, End-Use Industry (Plastic, FnB, Chemical & Petrochemical, Medical And Pharmaceuticals) - Global Forecast to 2029", The Chillers Market Is Projected To Reach USD 15.42 billion by 2029 at a CAGR of 5.0% from USD 12.08 billion in 2024.
- Published: December 2024
Cancer Vaccines Market worth $15.00 billion in 2032

The report "Cancer Vaccines Market by Type (Preventive, Therapeutic [Neoantigen]), Technology (Cell-based Vaccine, Recombinant), Indication (Cervical, Prostate), ROA (Intramuscular, Intravenous), End User (Hospitals, Speciality Clinics) - Global Forecast to 2032", is estimated to expand to a value of USD 15.00 billion in 2032 from USD 9.84 billion in 2024, with a significant CAGR of 5.4%. Some of the prominent factors driving the market's growth are the increase in awareness and preventive healthcare measures and technological advancements in immunotherapy. Furthermore, the rise in investments in R&D of neoantigen cancer vaccines and an incline in cancer incidence globally are expected to provide lucrative market growth. Furthermore, promising clinical trial results from the products under clinical studies such as Tedopi, mRNA-4157, GLSI-100 is likely to uplift the market growth during the forecast period.
- Published: December 2024
Small Satellite Market Growth in Saudi Arabia

Increasing government support, Vision 2030 space goals, and strategic partnerships with global entities to drive market growth

Support for the small satellite market in Saudi Arabia is developing quickly due to several strategic government initiatives and investments designed to advance Vision 2030's goals for the high-tech sector, including space exploration. These efforts have been mandated by the Saudi Space Commission, whose focus is developing indigenous satellite-manufacturing capabilities, thus establishing Saudi Arabia as the leader in the Middle East in space technology.
- Published: December 2024
Small Satellite Market Growth in Canada

The market is driven by growing advancements in satellite technology, reduced launch costs, and increasing demand for Earth observation and communication services.

The small satellite market for Canada is evolving dynamically, supported by significant investments by government and educational agencies to encourage innovations and technological developments. The Canadian Space Agency has been a core player in this regard, providing considerable funding for developing small satellite technologies. For instance, the Canadian Space Agency (CSA) awarded USD 15 million in funding to 25 companies for its Space Technology Development Program (STDP) for the development of guidance, navigation, and control technologies for small satellites. Canada's long-held lead in Earth observation, space robotics, space science and exploration, and satellite communications technologies has further given it the edge needed to generate global revenues and help the country resolve national issues.
- Published: December 2024
Space Propulsion Market Growth in Canada

Increasing governmental support, advanced research facilities, collaboration with leading space agencies, and a focus on innovative propulsion technologies to drive market growth

Canada is strategically pushing its space propulsion capabilities forward. Satellite technology and international collaboration projects are significant areas of focus. In recent times, Canadian companies have participated in North American satellite propulsion systems market, where companies such as Magellan Aerospace and MDA Ltd are producing high-technology parts. These companies enhance propulsion technology through innovations related to electric and chemical propulsion systems, securing contracts from global space agencies and further growing the country's high-tech sector.
- Published: December 2024
Space Propulsion Market Growth in Germany

Advancements in electric thrusters and sustainable propulsion technology initiatives to propel the market

The space propulsion market in Germany is advancing through advanced innovation driven by initiatives from the German Aerospace Center (DLR) and industry players like OHB SE and ArianeGroup. DLR is working on developing advanced electric propulsion systems such as ion and Hall-effect thrusters, focusing on increased efficiency for satellite and deep-space missions. ArianeGroup's progress on reusable rocket engines, particularly the Prometheus engine, reflects Germany's commitment to cost-effective and sustainable propulsion. Germany is heavily involved in European collaborations like the Horizon Europe program, which emphasizes green propulsion technologies. In 2023, the successful testing of the Helicon Plasma Thruster (HPT) was done, which will further support the small satellite constellations.
- Published: December 2024
Space Propulsion Market Growth in Saudi Arabia

To drive market growth, increasing collaborations with NASA and ESA, a focus on electric propulsion for small satellites, and indigenous system development by 2026 will be key.

A fast-growing space propulsion market in Saudi Arabia, driven by Space commission-Vision 2030, focuses on diversity through technology and innovation. In 2023, SSC signed several agreements with space leaders worldwide, such as NASA and the European Space Agency (ESA), for joint development of advanced propulsion systems. Partnerships with private entities such as Busek aim to develop electric and hybrid technologies for small satellites that are vital as building blocks for regional communication and Earth observation capabilities. There is also a growing involvement of research work within Saudi universities within thermal and chemical propulsion, with an appreciation, in particular, of issues related to desert-like conditions. Cooperation with its neighboring GCC countries would strengthen its positioning in regional space missions to induce satellite launch constellations by 2026, marking a decisive leap in its space capabilities.
- Published: December 2024
Weather Forecasting Systems Market Growth in UAE

Rise in the need to manage extreme temperatures, air quality, and sandstorms for aviation and urban planning

The development of weather forecasting systems in the UAE is driven by a number of great technological advancements, particularly with the setting up of advanced supercomputers. For instance, the forecasting capability of the UAE National Center for Meteorology (NCM) was boosted by a supercomputer called "Atmosphere” which greatly speeds up the process of weather forecasting and holds all the key functions required of our contemporary meteorology application by supporting the extremely large and data-intensive workloads for AI.
- Published: December 2024
Weather Forecasting Systems Market Growth in Italy

Increasing investment in AI and ML technologies and the need for accurate extreme weather predictions

Italy has been gradually building up its capability in weather forecasting by using artificial intelligence (AI) and machine learning (ML)- features in its system. In 2023, Italy continued its efforts to increase its utilization of AI to make the forecast even more accurate and effective. For instance, the European Centre for Medium-Range Weather Forecasts (ECMWF) was especially active as the institution passed on several projects geared toward making the use of AI increase in forecasting systems.
- Published: December 2024
Weather Forecasting Systems Market Growth in India

There is an increasing need of advanced systems to manage and mitigate the impacts of frequent and severe climate events, such as monsoons and cyclones

Artificial Intelligence, big data and machine learning are some of the structures through which India is developing for improved capacity of weather forecasting in the future. It aims at making weather forecasting more accurate for extreme weather events such as floods and droughts. This will be led at the front by the Indian Meteorological Department (IMD), which is testing AI-driven models promising more precise predictions as a cost-effective solutions option. These developments are especially critical in the context of India's massive population and its position as a significant agricultural producer.
- Published: December 2024
Nuclear Power Market worth $44.71 billion by 2029

According to a research report "Nuclear Power Market by Plant Lifecycle Stage (EPC, Decommissioning, Operation & Maintenance), Type (Nuclear Power Plant, SMR), Application (Power Generation, Desalination, Industrial), Connectivity, Capacity, and Region - Global Forecast to 2029" published by MarketsandMarkets, the nuclear power market is forecasted to reach USD 44.71 billion by 2029 from an estimated USD 38.84 billion in 2024, at a CAGR of 2.9% during the forecast period (2024-2029).
- Published: December 2024
Unmanned Surface Vehicles Market Growth in Norway

Advancing Autonomous Maritime Operations in Norway

Norway’s focus on sustainable and efficient maritime operations has been a major driver for advancements in Unmanned Surface Vehicle (USV) technology. With one of the most extensive coastlines in Europe and a maritime economy that includes shipping, offshore energy, fisheries, and environmental monitoring, Norway is uniquely positioned to benefit from the capabilities of USVs. These vehicles enable efficient, cost-effective, and autonomous solutions for managing and safeguarding maritime resources, which are critical to the country’s economy and environmental commitments.
- Published: December 2024
Unmanned Surface Vehicles Market Growth in Israel

Growing Innovation in Maritime Defense Technology in Israel

Israel’s advancements in defense technology have driven significant growth in its Unmanned Surface Vehicle (USV) Industry. Located in a region with complex security challenges, Israel relies on USVs to protect its waters, monitor offshore energy assets, and address potential threats. These unmanned systems offer efficient and autonomous solutions for missions such as surveillance, reconnaissance, and coastal defense, making them a vital part of Israel's maritime strategy.
- Published: December 2024
Small Satellite Market Growth in India

Increasing ISRO's supportive policies, robust PSLV launch services, and increased private sector participation to drive India Small Satellite Market Growth

Through government initiatives and resulting private-sector activity, India has a burgeoning small satellite technology driven forward through strategic alliances and technological expertise. The Indian Space Research Organizations (ISRO) have played a significant role in promoting and channeling this sector's development through various programs aimed at inducing innovation and lowering costs. With its reliability and relatively low price, the polar satellite launch vehicle (PSLV) has become a much sought-after launcher for launch services for both national and international clientele. The strategic partners of ISRO, L&T, and HAL entered into a memorandum of understanding (MoU) for the manufacture of PSLV based on the currently existent supply chain and ISRO's production and integration facilities.
- Published: December 2024
Unmanned Surface Vehicles Market Growth in Canada

Expanding Maritime Defense Capabilities in Canada

Canada’s focus on maritime defense and operational efficiency has driven significant advancements in Unmanned Surface Vehicle (USV) technology. With the world’s longest coastline and strategic interests in the Arctic, Canada faces unique challenges in monitoring and securing its vast maritime territories. The Arctic’s melting ice caps have increased shipping activity and geopolitical competition, prompting the need for autonomous systems like USVs to perform surveillance, reconnaissance, and environmental monitoring in remote and extreme environments.
- Published: December 2024
Surface Radars Market Growth in France

France Drives Global Radar Market Growth with Advanced Technology, Strategic Contracts, a maritime security focus, and a Defense Investments market.

Through strategic alliances and technological expertise, France has emerged as a global leader in surface radar technology. France is home to leading defense contractors, notably Thales Group, which plays a pivotal role in the surface radar market. Thales has reported a significant growth in orders and sales, driven by heightened global demand for defense electronics. Thales (France) has been contracted by the Malaysian Ministry of Defence to supply the GM400a radar to the Royal Malaysia Air Force since December 2023. The use of GaN-based TRMs enhances the processing power and detection range of this long-range air surveillance radar, which can be extended to 515 km. The radar's AI-driven capabilities enable it to track a wide range of targets, including aircraft, missiles, and UAVs in complex environments. Additionally, drones can be tracked with accuracy.
- Published: December 2024
Surface Radars Market Growth in UK

Partnerships with global defense leaders and development of next-generation radar systems to drive the market.

The United Kingdom maintains a leading position in the global surface radar market, supported by substantial military expenditure and advancements in special surveillance and missile defense programs. Renowned for its innovative defense strategies, the UK prioritizes cutting-edge radar systems to enhance national security and military effectiveness. Government investments in radar technology and electronic warfare are focused on advancing capabilities for air and maritime defense, reinforcing the UK’s global defense leadership.
- Published: December 2024
Surface Radars Market Growth in Canada

Prioritising the Strengthening of Coastal Security with Advanced Radar Technologies to Enhance Arctic and Border Surveillance to drive surface radars market.

With the longest coastline in the world, Canada is reinforcing its coastal security, vessel traffic management, and maritime surveillance. In that regard, with its border security being paramount, the government of Canada has put great importance into acquiring cutting-edge radar technology. Among such purchases are the SAR systems in the RCM. Integration with Automatic Identifment, which ensures data continuity and brings efficiency to the Syncation System (AIS) technology, has been made possible, thereby bringing about significant improvements in vessel identification and tracking.
- Published: December 2024
EV Battery Testing Market worth $9.51 billion in 2030

According to a research report "EV Battery Testing Market by Testing Type (Safety, Performance), Battery Technology (Conventional Batteries, CTP, CTC), Form Factor (Cylindrical, Prismatic, Pouch), Sourcing Type, Chemistry, Propulsion, EV Type, and Region - Global Forecast to 2030" published by MarketsandMarkets, The EV battery testing market is estimated to grow from USD 3.35 billion in 2024 to USD 9.51 billion in 2030 at a CAGR of 19.0% during the forecast period.
- Published: December 2024
Nucleating & Clarifying Agents Market worth $512.5 million by 2029

The report "Nucleating & Clarifying Agents Market by Agent Type (Nucleators, Clarifiers), Form (Powder, Granules, Liquid), Polymer (PP, PE, PET), Application (Packaging, Consumer Products, Automotive, Electronics), and Region – Global Forecast to 2029", The nucleating & clarifying agents market size was USD 378.9 million in 2024 and is projected to reach USD 512.5 million by 2029, at a CAGR of 6.2%, between 2024 and 2029. Nucleating & clarifying agents are currently in high demand due to the growing requirements for lightweight and durable materials in consumer products and packaging. These are crucial for upgrading the mechanical strength and optical properties of plastics with the growing need to make industries sustainable and efficient. In packaging, these agents' clarity and stiffness make them essential for producing high-quality bottles, films, and containers that are both aesthetically pleasing and durable in terms of functionality. Similarly, consumer products that meet the consumer expectations for performance and appearance, such as cookware and storage containers, benefit from increased transparency and durability offered by these agents.
- Published: December 2024
Tunable Diode Laser Analyzer (TDLA) Industry worth $884.4 million by 2031

The report "Tunable Diode Laser Analyzer (TDLA) Market by Gas Analyzer (Oxygen, Ammonia, COx, Hx, Moisture, CxHx, NxOx), Device (Portable, Fixed), Methodology (In Situ, Extractive), Technology (Absorption, Emission), Operation, Component - Global Forecast to 2031" The global tunable diode laser analyzer (TDLA) market is expected to be valued at USD 546.2 million in 2024 and is projected to reach USD 884.4 million by 2031; it is expected to grow at a CAGR of 7.1% from 2024 to 2031. Rising industrialization and development of new power plants. Advanced features of TDLAs and ROIs on installations. Increased process automation in various end-use industries. Growing applications in the pharmaceutical and healthcare sectors for enhanced process optimization and quality control. Increasing focus on environmental monitoring and adherence to regulatory standards will boost the TDLA market in the coming years.
- Published: December 2024
Lab Automation Market worth $8.62 billion by 2031

The report "Lab Automation Market by Product (Robotic Arm, Microplate Reader, Workstation, Workcell, LIMS, ELN), Application (ADME, Drug Discovery, Diagnostic, Genomic, Proteomic, HTS), End User (Pharma, Forensic, Environmental, Diagnostic Lab)Global Forecast to 2031"is expected to grow from USD 6.60 billion in 2026 to USD 8.62 billion by 2031, representing a CAGR of 6.6%.
- Published: December 2024
Therapeutic Drug Monitoring Market worth $3.44 billion by 2029

The report "Therapeutic Drug Monitoring Market by Product (Equipments,Consumables), Technology (Immunoassays), Drug Class (Anti–Epileptic Drugs,Anti–Arrhythmic Drugs), Therapeutic Area (Oncology, Cardiology), Specimen (Blood), End user - Global Forecast to 2029", global Therapeutic Drug Monitoring market is expected to reach USD 3.44 billion by 2029 from USD 2.30 billion in 2024, at a CAGR of 8.4 % during 2022–2029.
- Published: December 2024
Eco-Friendly Plasticizers Market worth $7.55 billion by 2030

The report "Eco-Friendly Plasticizers Market by Product (Bio-based, Non-phthalate), Application (Packaging, Consumer Goods, Automotive & Transportation, Building & Construction, Textile, Agriculture & Horticulture), and Region - Global Forecast to 2030", is projected to reach USD 7.55 billion by 2030 from USD 5.03 billion in 2024, at a CAGR of 7.0% during the forecast period. Eco-friendly plasticizers are increasing in popularity due to low toxicity and environmental safety and, therefore can be substituted for the traditional plasticizers. These eco-friendly plasticizers have been used to give improvements in the flexibility and resistance qualities of various plastic products without derogating ecological integrity, and they have therefore emerged as an important component in markets such as packaging, automotive, and consumer goods. Growing environmental concerns related to these materials are further adding momentum to the growing adoption of eco-friendly plasticizers in multi-industries. Government interventions and consumer awareness on the environmental aspects of conventional plasticizers will also drive demand growth for the market in the coming times. As companies or industries convert to greener practices, it's going to be expansionary for the eco-friendly plasticizer market with regard to satisfying a more sustainable future.
- Published: December 2024
Green Methanol Ships Market Growth in Canada

Canada’s environmental goals and its commitment to decarbonizing its shipping industry are driving the growth of Green Methanol-based ships

Canada is taking an important position as a country that would drive the shift to sustainable maritime fuels, of which the fuel gaining the most importance is green methanol. Green methanol-based ships are part of Canada's ambitious environmental goals, geared to decarbonize the shipping industry. Green methanol is an alternative low-carbon fuel from the traditional fossil fuel pool; it can be synthesized through biomass or captured carbon dioxide. Being a versatile, cleaner combustion fuel, it is especially attractive as an option to reduce greenhouse gas emissions from the shipping sector. The Clean Fuel Standard of Canada, aimed at lowering the carbon intensity of fuels, has been driving the adoption of green methanol in Canada. Proman and Greenfield Global are the two major players in this game actively investing in the production and infrastructure required to make green methanol a practical option for marine fuel.
- Published: December 2024
Green Methanol Ships Market Growth in Germany

There is an increasing need to decarbonize the maritime sector, driving growth for the adoption of Green methanol-based vessels in Germany

Germany is leading in the green methanol market and its application in decarbonizing the maritime sector. Strong on its industrial base and committed to sustainability, Germany has embraced green methanol as a critical component of its transition to renewable energy and efforts to reduce greenhouse gas emissions. Green methanol from renewable sources, such as biomass and captured carbon dioxide, is speeding up to become a versatile low-carbon fuel for most applications, including shipping. Environmental goals in Germany are well aligned with the national Hydrogen Strategy and the European Union's Green Deal, providing a solid base for growth in the market of green methanol.
- Published: December 2024
Green Methanol Ships Market Growth in Saudi Arabia

Saudi Arabia’s Vision 2030 targets driving environmental sustainability and economic diversification to drive Green-methanol ship adoption

Saudi Arabia is becoming an emerging player in the global shift to green methanol ships, focused on its renewable energy sources and pushing decarbonization efforts in the maritime sector. As one of the world's leading energy producers, the Kingdom has realized that green methanol is a future-proof alternative fuel that would contribute to the fulfillment of the country's Vision 2030 targets, which focus on environmental sustainability and economic diversification. There is interest in the production of green methanol from renewable sources, including captured carbon dioxide and electrolysis-produced hydrogen, because it will significantly reduce greenhouse gas emissions in the energy and transportation sectors, including shipping.
- Published: December 2024
Marine Vessels Market Growth in France

France's Strategic Position in the Marine Vessels Market which Strengthening its Leadership in Defense and Commercial Segments

The French Marine Vessels Market, including Defense and Commercial Vessels, has been vigorously growing due to strategic investments in advanced technologies and a great ship-building history. The country's superiority in designing, manufacturing, and sustaining complex vessels to address the world marketplace continually and at an ever-increasing speed remains a pillar of the success of Europe's naval and maritime leadership.
- Published: December 2024
Marine Vessels Market Growth in Brazil

Increasing Investments in Shipbuilding and Offshore Development in Brazil to Drive the Growth of the Marine Vessels Market

The marine vessel market in Brazil is increasing rapidly. Key factors that speak volumes about the country's commitment to maritime trade, defense, and offshore resource exploration drive growth. Brazil is one of the leading countries in shipbuilding and offshore oil and gas exploration in South America, and so the maritime industry is a key element of its economy. A whole shipbuilding and maintenance industry has thus been created, answering the nation's growing demand for commercial and defense vessels.
- Published: December 2024
Marine Vessels Market Growth in Saudi Arabia

Increasing Investments in Maritime Infrastructure and Defense by Saudi Arabia to Boost the Growth of the Marine Vessels Market

Saudi Arabia is witnessing a growing number of marine vessels demand. This indicates a promise of the country in terms of maritime security, trade, and technological advancement. Such progress is entailed by increased investment in the modernization of defense, port infrastructure development, and growth in commercial and naval fleets. This would require an even more robust maritime ecosystem that would drive the diversification of the economy and the national security vision as spelled out by the 2030 Vision plan.
- Published: December 2024
Rocket and Missile Market Growth in India

The Indian rocket and missile market is driven by advancements in indigenous defense capabilities, successful test programs, and increased investments in strategic missile technologies.

India's rocket and missile market is experiencing robust growth driven by the country’s increasing focus on defense modernization and indigenous manufacturing. The Indian government has an emphasis on self-reliance through the Make in India initiative. This has played a pivotal role in fostering this growth. Enhanced budget allocations for defense and policy reforms are encouraging private sector participation in the market. This has significantly boosted production capacities and technological advancements in India. In July 2024, the Defence Research and Development Organisation (DRDO) successfully tested the Phase-II Ballistic Missile Defence (BMD) system which is capable of intercepting ballistic missiles with ranges up to 5,000 km. Additionally, India also launched the Agni-4 ballistic missile in September 2024 under the Strategic Forces Command, demonstrating operational readiness and strengthening its deterrence posture against regional threats.
- Published: December 2024
Rocket and Missile Market Growth in Israel

Continuous advancements in missile defense technology and strategic investments in hypersonic and long-range capabilities drive the growth of Israel's rocket and missile market

Israel's rocket and missile market has seen significant advancements, primarily driven by ongoing regional conflicts, such as the Israel-Hamas war. During this conflict, the country successfully intercepted over 300 Iranian ballistic missiles and drones through its missile defense systems. These efforts were bolstered by Israel's multi-layered defense infrastructure and support from allied countries, including the United States. Israel's missile defense solutions, such as the Iron Dome, David's Sling, and Arrow systems, continue to evolve in response to emerging threats, reinforcing the nation's position as a leader in missile defense technology. The country’s ability to defend against diverse threats, ranging from short-range rockets to long-range ballistic missiles, has positioned it as a global defense innovator.
- Published: December 2024
Rocket and Missile Market Growth in the US

The US rocket and missile market is set for significant growth, driven by record-high defense spending, advancements in hypersonic weapons, and major contracts with leading defense firms.

The US rocket and missile market is one of the largest and most advanced in the world, driven by substantial government investment, ongoing technological innovation, and a robust defense industry. The US Department of Defense (DoD) plays a critical role in funding the development and procurement of cutting-edge missile systems, ranging from tactical short-range rockets to long-range strategic missiles. The US missile defense programs, such as the Ground-based Midcourse Defense (GMD) and Aegis Ballistic Missile Defense System, are integral to the nation’s defense strategy. These systems are designed to protect the US and its allies from a range of threats, including ballistic, cruise, and hypersonic missiles. Additionally, the US has a strong partnership with NATO and other international allies, further bolstering the global demand for its missile systems. The US missile industry also benefits from collaboration with Israel, as both countries have worked together to develop and deploy advanced missile defense systems, such as the Iron Dome.
- Published: December 2024
SAF Market Growth in Canada

Innovation is focused on lowering carbon footprint and driving growth in Canada.

Through targeted initiatives and strategic investments, Canada will take an essential stride in its sustainable aviation fuel. The challenge led by the government is "Sky's the Limit," which seeks to encourage innovation in producing SAF. This program includes two competitions: the first will provide four companies with USD 2 million each to develop innovative solutions for SAF production, with a grand prize of USD 5 million for the winning project. The second is a cross-Canada flight challenge, emphasizing the revolutionary potential of SAF for the aviation industry.
- Published: December 2024

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