Press Release

Exterior Insulation and Finish System (EIFS) Market worth $160.3 billion by 2028

The report "Exterior Insulation and Finish System (EIFS) Market by Type (PB, PM), Insulation Material (EPS, MW), End-use (Residential, Non-residential), Component (Adhesive, Insulation Board), Thickness (1-2 Inches, 3-6 Inches), And Region - Global Forecast to 2028", The market for exterior insulation and finish system is approximated to be USD 99.2 billion in 2023, and it is projected to reach USD 160.3 billion by 2028, at a CAGR of 10.1%. The Exterior insulation and finish system market is experiencing significant growth driven by several factors, including the growing investments in construction industry, stringent regulations on greenhouse gas emissions, and increased focus on energy efficiency of buildings. However, the volatile raw material prices and availability of green insulation alternative material may limit market growth. Despite these restraints, opportunities exist in the market due to favoring policies and regulations. The Exterior insulation and finish system industry also faces the challenge of lack of awareness in the market.

• Published: May 2023

Industrial Sugar Market worth $59.1 billion by 2028

According to a research report "Industrial Sugar Market by Type (White Sugar, Brown Sugar, & Liquid Sugar), Application (Dairy Products, Bakery Products, Confectionery, Beverages, & Pharmaceuticals), Source (Sugarcane & Sugar Beet) and Region - Global Forecast to 2028" published by MarketsandMarkets, the industrial sugar market is projected to reach USD 59.1 billion by 2028 from USD 46.4 billion by 2023, at a CAGR of 5.0% during the forecast period in terms of value. The market for industrial sugar by solution is experiencing growth due to the increasing demand for processed and convenience food and beverages globally.

• Published: May 2023

Metallic Stearates Market worth $4.9 billion by 2028

The report "Metallic Stearates Market by Type (Magnesium Stearates, Zinc Stearates, Calcium Stearates), End-Use Industry (Polymer & Rubber, Pharmaceuticals & Cosmetics, Building and Construction), & Region (APAC, North America, Europe, RoW) - Global Forecast to 2028", is approximated to be USD 3.7 billion in 2023, and it is projected to reach USD 4.9 billion by 2028 at a CAGR of 5.4%.

• Published: May 2023

Metaverse in Healthcare Market worth $79.6 billion by 2028

The report "Metaverse in Healthcare Market by Component (Hardware, Services, Software), Technology (AR/VR, MR, AI, Blockchain, IoT), Application(Telehealth, Diagnostics, Medical Training & Education), End User (Provider, Patients, Payers, Pharma) - Global Forecast to 2028", is projected to reach USD 79.6 billion by 2028 from USD 9.5 billion in 2023, at a CAGR of 52.9% during the forecast period.

• Published: May 2023

Metal Stamping Market worth $257.1 billion by 2028

The report "Metal Stamping Market by Process (Embossing, Blanking, Bending, Coining, Flanging), Material Thickness (≤0.4mm, >0.4mm), Press Type (Hydraulic Press, Mechanical Press, Servo Press), Material, End-Use Industry, Region - Trends and Forecast to 2028", is approximated to be USD 213.8 billion in 2023, and it is projected to reach USD 257.1 billion by 2028, at a CAGR of 3.7%. Growth in the automotive and construction industries, advancements in manufacturing technology, a focus on lightweight materials, and increase in product customization, all have an impact on the metal stamping market. These factors are expected to boost demand for metal stamping products while also encouraging the development of more advanced and efficient metal stamping processes.

• Published: May 2023

Food Antioxidants Market worth $2.2 billion by 2028

According to a research report "Food Antioxidants Market by Source (Fruits & Vegetables, Oils, Spices & Herbs, Botanical Extracts, Gallic Acid & Petroleum), Application (Fats & Oils, Prepared Meat & Poultry, Bakery & Confectionery), Type, Form and Region - Global Forecast to 2028" published by MarketsandMarkets, the food antioxidants market is estimated at USD 1.6 billion in 2023 and is projected to reach USD 2.2 billion by 2028, at a CAGR of 6.2% from 2023 to 2028. There are several factors responsible for the expected increase in demand for food antioxidants. Some of which are the growing awareness among consumers about the health benefits of antioxidants. Antioxidants are known to help reduce the risk of chronic diseases such as heart disease, cancer, and Alzheimer's disease. As consumers become more health-conscious, they are likely to seek out foods that contain elevated levels of antioxidants. And another major factor is the rise of functional foods is also expected to contribute to the increased demand for antioxidants in food. Functional foods are those that provide health benefits beyond basic nutrition. As consumers seek out foods that can help improve their health, the demand for foods that are fortified with antioxidants is likely to increase. Such factors potentially increase the demand for food antioxidants.

• Published: May 2023

Chatbot Market worth $15.5 billion by 2028

According to a research report "Chatbot Market by Offering, Bot Communication (Text, Audio, & Video), Type, Business Function (Sales & Marketing, Contact Centers), Channel Integration, Vertical (Retail & eCommerce, Healthcare & Life Sciences) and Region - Global Forecast to 2028" published by MarketsandMarkets, the market for chatbot market is estimated to grow from USD 5.4 billion in 2023 to USD 15.5 billion by 2028, at a CAGR of 23.3% during the forecast period.

• Published: May 2023

Ultrapure Water Market worth $12.1 billion by 2027

The report "Ultrapure Water Market by Equipment, Material, and Service (Filtration, Consumables/Aftermarket), Application (Washing Fluid, Process Feed), End-Use Industry (Semiconductor, Power, Pharmaceutical), and Region - Global Forecast to 2027", is projected to reach USD 12.1 billion by 2027, at a CAGR of 8.6% from USD 8.0 billion in 2022.

• Published: May 2023

Nuclear Medicine/Radiopharmaceuticals Industry worth $9.4 billion by 2028, with a CAGR of 11.3%

The report "Nuclear Medicine/Radiopharmaceuticals Market by Type (Diagnostic (SPECT-Technetium, PET-F-18),Therapeutic (Beta Emitters-Y-90, Alpha Emitters, Brachytherapy), Application (Neurology,Thyroid, Oncology),Procedures, End User - Global Forecast to 2028", is projected to reach USD 9.4 billion by 2028 from USD 5.5 billion in 2023, at a CAGR of 11.3% during the forecast period.

• Published: May 2023

Electrical Steel Market worth $ 60.7 billion by 2028

The report "Electrical Steel Market by Type (Non-grain-oriented, and Grain-oriented), Application (Transformer, Motors, Inductors), End-user Industry (Automotive, Energy, Manufacturing, Household Appliances), and Region - Global Forecast to 2028", is approximated to be USD 40.6 billion in 2023, and it is projected to reach USD 60.7  billion by 2028, at a CAGR of 8.4%.

• Published: May 2023

NLP in Education Market worth $228 million by 2028

According to a research report "NLP in Education Market by Offering (Solutions and Services), Model Type (Rule-based, Statistical, and Hybrid), Application (Sentiment Analysis & Data Extraction, Intelligent Tutoring & Langauge Learning), End User and Region - Global Forecast to 2028" published by MarketsandMarkets, the global Natural Language Processing (NLP) in education market size is projected to grow from USD 99 million in 2023 to USD 228 million by 2028, at a Compound Annual Growth Rate (CAGR) of 18.1% during the forecast period. The NLP in education is being used in language learning applications to provide better pronunciation feedback, enhance translation quality, and create conversational bots that allow students to practice speaking with a virtual tutor.

• Published: May 2023

Digital MRO Industry worth $2.0 billion by 2030

The report "Digital MRO Industry by Technology (AR/VR, Cloud Computing, 3D Printing, Robotics, AI and Big Data Analytics, Digital Twin and Simulation, Blockchain, IoT), End User (MROs, Airlines, OEMs), Application, Region - Global Forecast to 2030" The digital MRO Industry is estimated to be USD 0.9 billion in 2023 and is projected to reach USD 2.0 billion by 2030, at a CAGR of 13.0% during the forecast period. The increasing adoption of digital technologies by medium and small MROs and airlines is driving the growth of the digital MRO market.

• Published: May 2023

Application Integration Market worth $38.4 billion by 2028

According to a research report "Application Integration Market by Offering (Platforms and Services), Integration Type, Application (Customer Relationship Management, Enterprise Resource Planning), Vertical (BFSI, Retail & eCommerce, Automotive) and Region - Global Forecast to 2028" published by MarketsandMarkets, the global application integration system market size is projected to grow from 15.4 billion in 2023 to USD 38.4 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 20.0% during the forecast period. Heavy IoT investments are driving the growth of the application integration market.

• Published: May 2023

European Paints and Coatings Market worth $41.6 billion by 2028

The report "European Paints and Coatings Market by Resin Type (Acrylic, Alkyd, Epoxy, Polyester, PU, Fluoropolymer, Vinyl), Technology (Waterborne, Solvent borne, Powder), End-use (Architectural and Industrial), and Country - Global Forecast to 2028", is projected to grow from USD 37.2 billion in 2023 to USD 41.6 billion by 2028, at a CAGR of 2.3%. Increasing demand for premium paints to boost the European Paints and Coatings market. The architectural paints produced and consumed in Europe are exclusively medium to premium products, as the consumer interest in home decoration is high. These coatings offer better coverage than domestic formulations.

• Published: May 2023

Plant Factory Market worth $196 million by 2028

According to a research report "Plant Factory Market by Growing System (Non-soil-based, Soil-based, Hybrid), Crop Type (Fruits, Vegetables, Flowers & Ornamentals, Other Crop Types), Facility Type (Greenhouses, Indoor Farms), Light Type and Region - Global Forecast to 2028" published by MarketsandMarkets, the plant factory market is estimated at USD 138 million in 2023 and is projected to reach USD 196 million by 2028, at a CAGR of 7.3% from 2023 to 2028. As more people move to cities, there is a growing demand for locally grown produce. Plant factories can be in urban areas, reducing transportation costs and providing fresh produce to consumers in the same city or region. Many governments around the world are supporting plant factory production through funding, subsidies, and regulations that promote sustainable agriculture. This support is helping to drive growth in the plant factory market.

• Published: May 2023

Brine Concentration Technology (BCT) Market worth $21.1 billion by 2027

The report "Brine Concentration Technology (BCT) Market by Type (Calcium chloride, Sodium chloride, Zinc calcium bromide, Cesium formate), Technology (High energy reverse osmosis, Mechanical vapor compression), Application, and Region - Global Forecast to 2027", is projected to reach USD 21.1 billion by 2027, at a CAGR of 6.0% from USD 15.8 billion in 2022.

• Published: May 2023

Germany Automated Material Handling Equipment Industry to Grow at a CAGR 8.4% from 2023 to 2028

The report "Germany Automated Material Handling Equipment Market by Product (Robots, ASRS, Conveyors And Sortation Systems, Cranes, WMS, AGV), System Type (Unit Load, Bulk Load), Industry (Automotive, E-Commerce, Food & Beverage) and Region - Global Forecast to 2028" , published by MarketsandMarkets, Germany Automated Material Handling Equipment Industry to Grow at a CAGR 8.4% from 2023 to 2028

• Published: May 2023

Japan Automated Material Handling Equipment Industry to Grow at a CAGR 9.8% from 2023 to 2028

The report "Japan Automated Material Handling Equipment Market by Product (Robots, ASRS, Conveyors And Sortation Systems, Cranes, WMS, AGV), System Type (Unit Load, Bulk Load), Industry (Automotive, E-Commerce, Food & Beverage) and Region - Global Forecast to 2028" , published by MarketsandMarkets, Japan Automated Material Handling Equipment Industry to Grow at a CAGR 9.8% from 2023 to 2028

• Published: May 2023

Top 10 Medical Device Technologies Market worth $577.5 billion in 2027

The report "Top 10 Medical Device Technologies Market by Type (In Vitro Diagnostics, Diagnostics Imaging, Orthopedic, Ophthalmology, Cardiology, Endoscopy, Diabetes Care, Respiratory Care & Anesthesia, Kidney/Dialysis Devices) and Region - Global Forecast to 2027", is estimated at USD 577.5 billion in 2027 and is projected to reach USD 437.4 billion by 2022, at a CAGR of 5.7% from 2022 to 2027. Factors such as rising prevalence of Rising prevalence of chronic diseases and related increase in disability-adjusted life years (DALYs), Technological advancements in medical devices and Rapidly increasing aging population will lead this market growth in forecast period.

• Published: May 2023

NGS-based RNA-sequencing Market worth $5.5 billion by 2027

The report "NGS-based RNA-sequencing Market by Product & Services (Sample Preparation, Platforms & Consumables, Services, Data Analysis), Technology (SBS, SMRT, Nanopore), Application (De Novo, Epigenetics, small RNA), End-User, Region - Global Forecast to 2027", is projected to reach USD 5.5 billion by 2027 from USD 2.5 billion in 2022, at a CAGR of 17.2% during the forecast period.

• Published: May 2023

3D IC and 2.5D IC Packaging Industry worth $82.0 billion by 2028

The report "3D IC and 2.5D IC Packaging Market by Packaging Technology (3D Wafer-Level Chip Scale Packaging, 3D TSV and 2.5D), Application (Logic, Memory, MEMS/Sensors, Imaging & Optoelectronics, LED), End User and Region - Global Forecast to 2028" The 3D IC and 2.5D IC packaging industry is expected to reach USD 82.0 billion by 2028 from USD 49.3  billion in 2023, at a CAGR of 10.7% during the 2023–2028 period.

• Published: May 2023

Circuit Monitoring Market worth $829 million by 2028

According to a research report "Circuit Monitoring Market by Type (Modular Circuit Monitoring, Others (Branch Circuit & Multi Circuit)), End Use (Commercial, Industrial, Data Centers), & Region (North America, Europe, Asia Pacific, South America, Middle East & Africa) - Global Forecast to 2028" published by MarketsandMarkets, the global circuit monitoring market is projected to reach USD 829 million by 2028 from an estimated USD 659 million in 2023, at a CAGR of 4.7% during the forecast period. Rising concern overpower stability for uninterrupted business operation, huge investments, along with enforcement of stringent standards, to reduce carbon footprint in data centers, and increasing number of data centers are the factors driving the circuit monitoring market.

• Published: May 2023

Composable Applications Market worth $11.8 billion by 2028

According to a research report "Composable Applications Market by Offering (Platform And Services), Vertical (BFSI, Retail & eCommerce, Government, Healthcare & Life Sciences, Manufacturing, IT & ITeS, Energy & Utilities), & Region (North America, Europe, APAC, RoW) – Global Forecast to 2028" published by MarketsandMarkets, the composable applications market size is estimated at USD 5.2 billion in 2023 and is projected to reach USD 11.8 billion by 2028, at a CAGR of 17.5%. Factors such as the increasing need for rapid customization and scalability and increased app development demand drives the market.

• Published: May 2023

Cloud-based Quantum Computing Market worth $4,063 million by 2028

According to a research report "Cloud-based Quantum Computing Market by Offering, Technology (Trapped Ions, Quantum Annealing, Superconducting Qubits), Application (Optimization, Simulation and Modeling, Sampling, Encryption), Vertical and Region - Global Forecast to 2028" published by MarketsandMarkets, the global cloud-based quantum computing market is projected to grow from an estimated USD 798 million in 2023 to USD 4,063 million by 2028, at a CAGR of 38.5% from 2023 to 2028. The growing adoption of quantum computing solutions across several verticals and the increasing accessibility of quantum computers by the cloud drive market growth.

• Published: April 2023

Multiplex Assays Market worth $5.3 billion by 2027

The report "Multiplex Assays Market by Product & Service (Consumables, Instruments, Software & Services), Type (Nucleic Acid, Protein), Technology (Flow Cytometry, Luminescence), Application (R&D, Diagnosis), End User (Pharma, Hospitals) - Global Forecast to 2027", is valued at an estimated USD 3.5 billion in 2022 and is projected to reach USD 5.3 billion by 2027, at a CAGR of 8.8% during the forecast period.

• Published: April 2023

Airway Management Devices Industry worth $2.4 billion by 2028, with a CAGR of 5.6%

The report "Airway Management Devices Market by type (Endotracheal tubes, Tracheostomy tube, Oropharyngeal, Nasopharyngeal, Laryngoscopes, Resuscitators), Application (Anesthesia, Emergency medicine), End user (Hospitals, Home care settings)- Global Forecast to 2028", is projected to reach USD 2.4 billion by 2028 from USD 1.8 billion in 2022, at a CAGR of 5.6% during the forecast period. The growth of this market is majorly driven by increasing prevalence of respiratory tract infections and chronic respiratory diseases. Moreover, increasing number of emergency care admission and favourable reimbursement coverage across emerging countries supporting the growth of airway management devices market.

• Published: April 2023

Aircraft Health Monitoring Industry worth $8.6 billion by 2028

The report "Aircraft Health Monitoring Market by Platform (Civil, Military, & Advanced Air Mobility Aviation), Installation (Onboard, On Ground), Fit (Linefit, Retrofit), End User, Solution, Technology, System, Operation Mode and Region - Global Forecast to 2028" The aircraft health monitoring market size is projected to grow from an estimated USD 6.3 billion in 2023 to USD 8.6 billion by 2028, at a CAGR of 6.5% during the forecast period. This growth can be attributed to the increasing aircraft operational and flight safety activities.

• Published: April 2023

Industrial Cleaning Chemicals Market worth $59.5 billion by 2028

The report "Industrial Cleaning Chemicals Market by Ingredient (Surfactants, Solvents, Chelating Agents), Product (General & Medical Cleaning), Application (Manufacturing & Commercial Offices, Healthcare, Retail & Food Service), and Region - Global Forecast to 2028", MarketsandMarkets: The industrial cleaning chemicals market is estimated at USD 47.1 billion in 2023 and is projected to reach USD 59.5 billion by 2028, at a CAGR of 4.8% from 2023 to 2028. Factors such as workplace hygiene initiatives and increased concern over healthier environment are positively driving the growth of the industrial cleaning chemicals market. Furthermore, the increasing demand from several applications post COVID-19 pandemic drives the market.

• Published: April 2023

Digital Twin in Finance Market worth $0.5 billion by 2028

According to a research report "Digital Twin in Finance Market by Offering (Platforms & Solutions and Services), End-use Industry (BFSI (Banking, Financial Services, and Insurance), Manufacturing, Transportation & Logistics, Healthcare), Application and Region - Global Forecast to 2028" published by MarketsandMarkets, the digital twin in finance market size is projected to grow from USD 0.1 billion in 2023 to USD 0.5 billion by 2028, at a CAGR of 34.8% during the forecast period. The growing adoption of industry 4.0 and need to test new market scenarios in real time to reduce risks will drive the growth of digital twin in financial market. In the banking sector, Industry 4.0 technologies have unlocked new dimensions. With Industry 4.0, new banking services and opportunities can be launched to improve business performance and end customer experiences.

• Published: April 2023

Robotaxi Market worth $45.7 billion by 2030

According to a research report "Robotaxi Market by Application (Goods and Passenger), Level of Autonomy (L4 and L5), Vehicle (Cars and Vans/Shuttles), Service (Rental and Station Based), Propulsion (Electric and Fuel Cell), Component and Region - Global Forecast to 2030" published by MarketsandMarkets, the global robotaxi market, by value, is estimated to be USD 0.4 billion in 2023 and is projected to reach USD 45.7 billion by 2030, at a CAGR of 91.8% from 2023 to 2030.

• Published: April 2023

Diesel Engines Market worth $78.8 billion by 2028

According to a research report "Diesel Engines Market by Speed (Low, Medium, High), Power Rating (Below 0.5 MW, 0.5-1.0 MW, 1.1-2.0 MW, 2.1-5.0 MW, Above 5.0 MW), End User (Power Generation, Marine, Locomotive, Mining, Oil & Gas, Construction) & Region - Global Forecast to 2028" published by MarketsandMarkets, the global diesel engines market is projected to reach USD 78.8 billion by 2028 from USD 63.9 billion in 2023 at a CAGR of 4.3% during the forecast period. The market growth has been attributed to the growing demand for commercial vessels, which will anticipate maritime tourism, and will eventually drive the demand for diesel engines used in the marine industry.

• Published: April 2023

Defense Electronics Industry worth $213.2 billion by 2028

The report "Defense Electronics Industry by Vertical (Navigation, Communication, and Display (Avionics, Vetronics, Integrated Bridge Systems), C4ISR, Electronic Warfare, Radars, Optronics), Platform (Airborne, Marine, Land, Space) and Region - Global Forecast to 2028" The Defense electronics industry is estimated to be USD 166.7 billion in 2023 and is projected to reach USD 213.2 billion by 2028, at a CAGR of 5.1% during the forecast period. The increasing use of UAVs as drone jammers and growing need for new products of electronic warfare and C4ISR are driving the growth of the Defense electronics market. 

• Published: April 2023

Glass Mat Market worth $2.2 billion by 2028

The report "Glass Mat Market by Mat Type (Chopped Strand Mat, Continous Filament Mat), Binder Type (Emulsion, Powder), Manufacturing Process (Dry-Laid, Wet-Laid), End-Use Industry, Region (North America, APAC, Europe, Latin America, MEA) - Global Forecast to 2028", is projected to grow from USD 1.3 billion in 2022 to USD 2.2 billion by 2028, at a CAGR of 8.6% during the forecast period. Glass mat offers various useful properties such as low weight, high strength, durability, and corrosion resistant. These properties enable their use in various end-use industries such as construction & infrastructure, automotive & transportation, industrial applications, marine, sports & leisure goods, and others.

• Published: April 2023

Military Laser Systems Industry worth $7.5 billion by 2028

The report "Military Laser Systems Industry by Application (Weapons and Non-weapons), Technology (Solid-state Laser, Fiber Laser, Semiconductor Laser, Gas Laser, Liquid Laser, Free-electron Laser), Platform, End Use, Output Power - Global Forecast to 2028" The Military Laser Systems Industry is estimated to be USD 5.0 billion in 2023 and is projected to reach USD 7.5 billion by 2028, at a CAGR of 8.7% during the forecast period. The driving factor for the military Laser systems market is the significant investments in modern weapon systems by governments. Laser technology is widely used in military communication systems, directed energy weapon systems, and target designation and ranging system among other to enhance the military mission success rate by providing target whereabout, protecting army personnel, and countering and destroying the target.

• Published: April 2023

NLP in Finance Market worth $18.8 billion by 2028

According to a research report "NLP in Finance Market by Offering (Software, Services), Application (Customer Service and Support, Risk Management and Fraud Detection, Sentiment Analysis), Technology (Machine Learning, Deep Learning), Vertical and Region - Global Forecast to 2028" published by MarketsandMarkets, the NLP in Finance market is projected to grow from USD 5.5 billion in 2023 to USD 18.8 billion by 2028 at a compound annual growth rate (CAGR) of 27.6%. The NLP in Finance market is estimated to grow at a significant rate during the forecast period, owing to various business drivers like rise in content creation and creative applications, evolution in AI and Deep Learning, and innovation of cloud storage enabling easy access to data. Furthermore, the acceleration in the deployment of Large Language Models (LLMs) drives the market growth.

• Published: April 2023

Non-thermal Pasteurization Market worth $5.7 billion by 2028

According to a research report "Non-thermal Pasteurization Market by Technique (HPP, PEF, MVH, Ultrasonic, Irradiation, and Other Techniques), Form (Solid, Liquid), Application (Food, Beverage, and Pharmaceutical & Cosmetics) & Region - Global Forecast to 2028" published by MarketsandMarkets, the non-thermal pasteurization market is projected to reach USD 5.7 billion by 2028 from USD 2.3 billion by 2023, at a CAGR of 20.0% during the forecast period in terms of value. The growth in the usage of High-pressure Processing (HPP) toll processors presents an opportunity for the non-thermal pasteurization market, as more food manufacturers are outsourcing their HPP needs to these toll processors instead of investing in their HPP equipment. This trend is driven by several factors, including the high cost of HPP equipment, the need for specialized knowledge and expertise to operate the equipment, and the desire for flexibility and scalability in production.

• Published: April 2023

Antimicrobial Plastics Market worth $64.8 billion by 2028

The report "Antimicrobial Plastics Market by Additive (Inorganic, Organic), Type (Commodity Plastics, Engineering Plastics, High Performance Plastics), Application (Packaging, Automotive, Medical & Healthcare, Consumer Goods), & Region - Global Forecast to 2028", size was USD 41.7 billion in 2022 and is projected to reach USD 64.8 billion by 2028, at a CAGR of 7.7%, between 2023 and 2028.

• Published: April 2023

Food and Beverage Processing Equipment Market worth $84.9 billion by 2028

According to a research report "Food & Beverage Processing Equipment Market by Type (Processing, Pre-Processing), Application (Bakery & Confectionery, Meat & Poultry, Dairy, Alcoholic & Non Alcoholic Beverages), Mode of Operation, End Product Form and Region - Global Forecast to 2028" published by MarketsandMarkets, the food and beverage processing equipment market is estimated at USD 64.6 billion in 2023 and is projected to reach USD 84.9 billion by 2028, at a CAGR of 5.6% from 2022 to 2028. Food and beverage processing equipment plays a critical role in the food and beverage industry, ensuring that products are of high quality, safe, efficient, consistent, and preserved. The use of equipment helps to streamline the production process, reduce waste, and increase output, while also ensuring that the products meet strict quality and safety standards. The WWF EU reports that over 15% of food is lost during harvesting in farmland, and further spoilage occurring during transportation and storage. Processing food products is a crucial step in minimizing this waste and prolonging the shelf life of agricultural products. This has led to a surge in the demand for processed foods globally. Subsequently, the food and beverage processing equipment market is experiencing a significant expansion to meet this growing need. As the importance of food and beverage processing continues to evolve, the importance of food processing equipment will only continue to grow, enabling manufacturers to produce innovative and high-quality products that meet the changing demands of consumers.

• Published: April 2023

Insight Engines Market worth $5.6 billion by 2028

According to a research report "Insight Engines Market by Offering (Solutions and Services), Application (Search and Discovery, Knowledge Management, and Risk and Compliance Management), Technology, Deployment Mode, Organization Size, Vertical and Region - Global Forecast to 2028" published by MarketsandMarkets, the market for insight engines is projected to grow from 1.7 billion in 2023 to USD 5.6 billion by 2028, at a CAGR of 27.1% during the forecast period. With insight engines, businesses across the globe enbales to deliver a better customer experience by assuring ease of use, quick intelligence, and a broad scope of searches. They can use pre-existing databases to automatically generate insights, and make decisions based on information extracted from the data. In contrast to conventional search technologies, insight engines make information available to users in the appropriate context while using resource-efficient intelligent ways to find it.

• Published: April 2023

Turf Protection Market worth $8.1 billion by 2028

According to a research report "Turf Protection Market by Product (Pest protection, Stress protection & Scarification), Solution ( Chemical, Biological & Mechanical), Mode of Application ( Soil, Seed & Foliar), Application (Sports & Recreational), & Region - Global Forecast to 2028" published by MarketsandMarkets, the turf protection  market is projected to reach USD 8.1 billion by 2028 from USD 6.4 billion by 2023, at a CAGR of 4.9% during the forecast period in terms of value. The market for turf protection by solution is experiencing growth due to the increasing demand for biological products due to increase in environmental awareness.

• Published: April 2023

Aspherical Lens Industry worth $12.2 billion by 2028

The report "Aspherical Lens Market by Type (Glass Aspherical lens, Plastic Aspherical lens), Offering (Double Aspherical lens and Single Aspherical lens), Manufacturing Technology (Molding, Polishing & Grinding), Application and Region - Global Forecast to 2028" The aspherical lens industry is projected to grow from USD 9.0 billion in 2023 to USD 12.2 billion by 2028, registering a CAGR of 6.2% during the forecast period. The market growth is attributed to the Growing use of infrared aspherical lenses in security and surveillance cameras and rising demand for aspherical lenses for use in digital cameras. Furthermore, surging use of aspherical lenses in optical instruments and ophthalmic applications is expected to create lucrative opportunities for the market.

• Published: April 2023

Micromotor Market worth $68.3 billion by 2028

According to a research report "Micromotor Market by Application (Automotive, Medical Equipment System, Industrial Automation, Construction & Mining Equipment, Agriculture Equipment System), Type, Technology, Power Consumption & Region - Global Forecast to 2028" published by MarketsandMarkets, the micromotor market is projected to grow from USD 44.8 billion in 2023 to USD 68.3 billion by 2028, at a CAGR of 8.8% during the forecast period. Micromotors have wide applications in automotives, medical equipment, agriculture equipment system, aircraft systems, industrial automation processes, etc. With the increase in demand for minituarization of components in automoives, medical devices, aerospace systems and and manufacturing operations, the market for micromotors is expected to rise in the coming years.

• Published: April 2023

Remote Power Panel Market worth $1.4 billion by 2028

According to a research report "Remote Power Panel Market by Type (Wall-mounted, Floor-standing), Application (Network Cabinets, Server Rooms, Data Centers (Cloud, Enterprise)) & Region (North America, Europe, Asia Pacific, South America, Middle East & Africa) - Global Forecast to 2028" published by MarketsandMarkets, the global remote power panel market is projected to reach USD 1.4 billion by 2028 from an estimated USD 1.1 billion in 2023, at a CAGR of 4.8% during the forecast period.

• Published: April 2023

AIoT Platforms Market worth $24.9 billion by 2028

According to a research report "AIoT Platforms Market by Offering (Solutions (Device Management, Application Management, Connectivity Management) and Services), Vertical (BFSI, Manufacturing, Healthcare and Retail) and Region - Global Forecast to 2028" published by MarketsandMarkets, the AIoT platforms market is estimated at USD 5.0 billion in 2023  and is projected to reach USD 24.9 billion by 2028, at a CAGR of 37.7% from 2023 to 2028. AIoT is gaining popularity in the healthcare sector. Wearable devices, such as smartwatches and fitness trackers, are increasingly being used to monitor patients’ health statuses and track their progress. These devices can collect data on everything, from heart rate and blood pressure to sleep patterns and physical activity, which can then be used by physicians to diagnose and treat a variety of health conditions.

• Published: April 2023

Raman Spectroscopy Industry worth $1.1 Billion by 2028

The report "Raman Spectroscopy Market by Type (Benchtop, Portable), Instrument (Microscopy, FT, Handheld & Portable), Sampling Technique (Surface-enhanced Raman Scattering, Tip-enhanced Raman Scattering), Application and Region - Global Forecast to 2028" The Raman Spectroscopy Industry Size is expected to reach USD 1.1 billion by 2028 from USD 0.8  billion in 2023, at a CAGR of 7.0% during the 2023–2028 period.

The major factors driving the market growth of the Raman spectroscopy industry include increased focus on drug development in healthcare sector, rise in adoption of Raman spectroscopy in clinical applications, growing awareness regarding food safety, etc.

• Published: April 2023

Sterile Filtration Market worth $15.3 billion by 2028

The report "Sterile Filtration Market by Product (Cartridge, Capsule Filter), Application (API, Vaccine, Antibody, Media, Formulation & Fill Finish), Membrane (PES, PVDF, PTFE), Pore Size, End User (Pharma & Biotech, F&B, CMO) - Global Forecast to 2028 ", is projected to reach USD 15.3 billion by 2028 from USD 8.9 billion in 2023, at a CAGR of 11.4% during the forecast period of 2023 to 2028.

• Published: April 2023

5G Device Testing Industry worth $1.7 billion by 2028

The report "5G Device Testing Market by Equipment Type (Oscilloscope, Signal Generator, Spectrum Analyzers, Network Analyzers), End User (IDMs & ODMs, Telecom Equipment Manufacturers) and Region - Global Forecast 2028" The global 5G device testing market size is expected to grow from USD 1.2 billion in 2023 to USD 1.7 billion by 2028, at a CAGR of 7.0%. There are significant opportunities in IDMs and ODMs due to the increasing adoption of smart phones and mobile devices.

• Published: April 2023

Healthcare Cybersecurity Market worth $35.3 billion by 2028

According to a research report "Healthcare Cybersecurity Market by Offering (Solutions and Services), Solution Type, Threat Type, Security Type, End Use Industry (Hospitals and Healthcare Facilities, Medical Device Manufacturers) and Region - Global Forecast to 2028" published by MarketsandMarkets, the global healthcare cybersecurity market size is projected to grow from USD 18.2 billion in 2023 to USD 35.3 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 14.2% during the forecast period. The major factors driving the market growth include the increase in cyberattacks and concerns related to security and privacy, the growing acceptance of IoT and connected devices, and the increasing adoption of cloud-based solutions in the healthcare sector.

• Published: April 2023

Organic Coagulant Market worth $2.9 billion by 2027

The report "Organic Coagulant Market by Type (Polyamine, Polydadmac), Application (Municipal Water Treatment, Industrial Water Treatment), and Region (Asia Pacific, North America, Europe, Middle East & Africa, South America) - Global Forecast to 2027", is projected to reach USD 2.9 billion by 2027, at a CAGR of 8.1% from USD 2.0 billion in 2022.

• Published: April 2023

Electric Vehicle Adhesives Market worth $7.6 billion by 2027

The report "Electric Vehicle Adhesives Market by Application (Powertrain System, Optical Element, Sensors & Communication, Body Frame), Resin Type (Epoxy, Polyurethane, Silicone, Acrylic), Substrate, Form, Vehicle Type, and Region - Global Forecast 2027", size is estimated to be USD 1.4 billion in 2022 and is projected to reach USD 7.6 billion by 2027, at a CAGR of 39.4% between 2022 and 2027.

• Published: April 2023