Press Release

Activated Carbon Market worth $8.41 billion by 2030

The report "Activated Carbon Market by Type (Powdered Activated Carbon, Granular Activated Carbon), Application (Liquid Phase Application, and Gas Phase Application), End-Use Industry, Raw Material (Coal, Coconut, Wood, Peat), and Region - Global Forecast to 2030", is projected to grow from USD 4.46 billion in 2023 to USD 8.41 billion by 2030, at a CAGR of 9.8% during the forecast period. The increasing global population and improving living standards contribute to a heightened demand for clean air and water. Hence, there is a rise in the purification of both air and water, which drives the activated carbon market during the forecast period. Additionally, factors such as the growing food and beverage industry, recovery of the automotive sector, and strict government regulations further propel the market for activated carbon. However, the market faces challenges due to the scarcity of raw materials, leading to price hikes. The reactivation of activated carbon presents lucrative opportunities for producers in the industry. Weak economic growth remains a significant challenge for the market.

• Published: March 2024

Pharmaceutical Membrane Filtration Market worth $19.6 billion by 2029

The report "Pharmaceutical Membrane Filtration Market by Product (Filters (PES, PVDF, Nylon), Systems (Single use)), Technique (Microfiltration, Ultrafiltration), Application (API, Vaccines), Type (Sterile, Non Sterile), Scale of Operation - Global Forecast to 2029", is projected to reach USD 19.6 billion by 2029 from USD 10.6 billion in 2024, at a CAGR of 13.1% during the forecast period of 2024 to 2029. Some factors contributing to the growth of the global market includes increasing adoption of single use membrane filters coupled by high purity requirements among end users, increasing R&D spending by government and private organizations, and increasing regulations for membrane filter’s safety by regulatory bodies. Despite this, issues such as membrane fouling, and large capital investment are expected to hinder market growth.

• Published: March 2024

Digital Risk Protection Industry worth $157.8 billion by 2028

According to a research report "Digital Risk Protection Market by Offering, Solution Type (Automated Threat Mitigation, Phishing Protection, Incident Response), Security Type, Organization Size, Deployment Mode, Vertical and Region - Global Forecast to 2028" published by MarketsandMarkets, the global digital risk protection market is growing quickly, valued at USD 64.4 billion in 2023 and expected to reach USD 157.8 billion by 2028, with a significant growth rate of 19.6%. This growth is driven by the ongoing and evolving cyber threats, which are becoming more complex and sophisticated. Organizations are strengthening their cybersecurity defenses to combat the various tactics used by cybercriminals. With the rise of remote work and the increasing interconnectedness of digital systems, there's a greater need for strong digital risk protection measures. Additionally, stricter regulations like GDPR and other data protection laws are pushing for more advanced cybersecurity solutions. In this complex cybersecurity landscape, the digital risk protection market plays a vital role by providing innovative strategies to defend against a wide range of cyber threats, ensuring the security of digital communication channels, and safeguarding sensitive information.

• Published: March 2024

Future of Airport Industry Outlook worth $2,404 billion in 2040

According to a research report, "Future of Airport Industry to 2030" published by MarketsandMarkets: Global Airport investment is estimated to reach USD 2,404 billion in 2040 from USD 200 billion in 2021, at a CAGR of 14.4%. The airport industry's significant regional investments reflect a broader global trend toward expanding and upgrading airport infrastructure. This trend is driven by anticipated growth in passenger traffic, the strategic importance of these regions as international transit hubs, and the recognition of airport infrastructure as a critical component of broader economic development and tourism strategies.

• Published: March 2024

Wearable AI Industry worth $138.5 billion by 2029

The report "Wearable AI Market by Product (Smartwatches, Fitness Tracker, AR/VR Headsets, Wearable Cameras, Smart Earwear, Smart Clothing & Footwear), Operation (On-device AI, Cloud-based AI), Application (Consumer Electronics, Healthcare) - Global Forecast to 2029" The wearable AI market is projected to grow from USD 62.7 billion in 2024 and is estimated to reach USD 138.5 billion by 2029; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 17.2% from 2024 to 2029. The growth of the wearable AI market is driven by growing awareness regarding health and fitness among general population and technological advancements in wearables, seamless integration with smartphones and Internet of Things (IoT).

• Published: March 2024

Medical Waste Management Market worth $12.2 billion by 2028

The report "Medical Waste Management Market by Service (Collection, Treatment, Disposal, Incineration, Recycling), Type of Waste (Non-hazardous, Infectious, Pharmaceutical), Treatment Site (Offsite, Onsite), Waste Generator (Hospital, Labs) - Global Forecast to 2028", is valued at an estimated USD 9.2 billion in 2023 and is projected to reach USD 12.2 billion by 2028, at a CAGR of 5.9% during the forecast period.

• Published: March 2024

Commercial Drone Industry worth $9.3 Billion by 2029

The report "Commercial Drone Market by Point Of Sale (OEM, Aftermarket), Systems (Platform, Payload, Datalink, Ground Control Station, Launch & Recovery Systems), Platform (Micro, Small, Medium, Large), Function (Passenger Drones, Inspection & Monitoring Drones, Surveying & Mapping Drones, Spraying & Seeding Drones, Cargo Air Vehicles, Others), End-Use (Agriculture, Insurance, Energy, Mining & Quarrying, Oil & Gas, Tranport, Logistics & Warehousing, Journalism & Media, Arts, Entertainment & Recreation, Healthcare & Social Assistance), MTOW (<25 Kg, 25-170 Kg, >170Kg), Range (Visual Line Of Sight, Extended Visual Line Of Sight, Beyond Visual Line Of Sight) & Region - Global Forecast to 2029" The Commercial Drone market is projected to grow from USD 5.3 billion in 2022 to USD 9.3 Billion by 2029, at a CAGR of 11.2% from 2024 to 2029. The market growth can be attributed to growing increased adoption of UAS in commercial applications worldwide.The acceptance of UAVs or drones has steadily been increasing across the world for use in commercial applications. Commerical drones are witnessing increased demand owing to their cost-effectiveness and advancements in them over the last couple of years.

• Published: March 2024

Thermoform Packaging Market worth $65.6 billion by 2028

The report "Thermoform Packaging Market by Material (Plastic, Aluminum, Paper & Paperboard), Heat Seal Coating (Water-Based, Solvent-Based, Hot-Melt-Based), Type (Blister Packaging, Clamshell Packaging, Skin Packaging), End-Use Industry - Global Forecast to 2028", size is projected to grow from USD 52.2 billion in 2023 to USD 65.6 billion by 2028, at a CAGR of 4.7% from 2023 to 2028.

• Published: March 2024

Gas Engine Industry Growth News - $6.3B by 2029

According to a research report "Gas Engine Market by Fuel Type (Natural Gas, Special Gas), Power Output (0.5-1 MW, 1.1-2 MW, 2.1-5 MW, 5.1-15 MW, Above 15 MW), Application (Power Generation, Cogeneration, Mechanical Drive), End-Use Industry and Region - Global Forecast to 2029" published by MarketsandMarkets, the Gas Engine market is anticipated to witness a significant expansion, with the market size projected to reach approximately USD 6.3 billion by 2029, showcasing a Compound Annual Growth Rate (CAGR) of 4.5% from the estimated value of USD 5.1 billion in 2024. The growth in this market can be attributed to various factors stimulating demand. A prominent driver is the escalating focus on cleaner energy sources and sustainability initiatives, prompting a surge in the adoption of gas-powered engines as a viable alternative to conventional fossil fuel-based options. Furthermore, technological advancements, including enhanced efficiency and reliability of gas engines, are significantly contributing to market expansion. These advancements not only improve the performance of gas engines but also make them more competitive and appealing to consumers seeking reliable and environmentally friendly power solutions.

• Published: March 2024

Autonomous Train Market worth $18.9 billion by 2030

According to a research report "Autonomous Train Market by Level of Automation (GOAI, GOA2, GOA3, GOA4), Technology (CBTC, ERTMS, ATC, PTC), Application, Component, Train Type (Metro, Light Rail, Bullet Train/HSR), Track Length, GOA 4 Systems and Region - Global Forecast to 2030" published by MarketsandMarkets, the overall autonomous train market is estimated at USD 13.6 billion in 2024 and is projected to grow at a CAGR of 5.7% from 2024 to 2030, to reach USD 18.9 billion by 2030. Asia Pacific is projected to lead the autonomous train market during the forecast period, followed by Europe. In an era characterized by increasing urbanization, autonomous trains have emerged as a transformative solution for the modern rail transportation. Additionally, government authorities' support and investments are playing a vital role in driving the growth of the autonomous train market.

• Published: March 2024

Electronic Chemicals and Materials Market worth $77.8 billion by 2028

The report "Electronic Chemicals and Materials Market by Type (Specialty Gases, CMP Slurries, Conductive Polymers, Photoresist Chemicals, Low K Dielectrics, Wet Chemicals, Silicon Wafers, PCB Laminates), Application, and Region - Global Forecast to 2028", size is projected to grow from USD 59.1 billion in 2023 and is projected to reach USD 77.8 billion by 2028, at a CAGR of 5.6%. This growth is propelled by the increasing demand for electronic devices across sectors like consumer electronics, automotive, healthcare, and telecommunications. Advances in technology necessitate specialized materials for enhanced performance, reliability, and efficiency in semiconductor manufacturing, PCBs, display technologies, and packaging materials. Stringent environmental regulations are driving the adoption of eco-friendly solutions, while emerging technologies such as 5G, IoT, AI, and EVs are fueling demand for specialized electronic components and materials. Overall, the growth is spurred by expanding electronic applications, technological advancements, regulatory pressures, and the uptake of emerging technologies.

• Published: March 2024

Egg Processing Industry worth $41.9 billion by 2029

According to a research report "Egg Processing Market by product type (Dried Egg Products, Liquid Egg Products, Frozen Egg Products), End-use Application (Food Processing and Manufacturing, Food Service, Retail), Nature and Region - Global Forecast to 2029" published by MarketsandMarkets, The egg processing market is estimated at USD 33.3 billion in 2024 and is projected to reach USD 41.9 billion by 2029, at a CAGR of 4.7% from 2024 to 2029.  According to the United States Department of Agriculture (USDA) report of egg product export information in 2022, The high export value of USD 718.92 million in 2022 and the diversity of top export markets such as Canada, Mexico, and South Korea indicate a strong international demand for processed egg products. This shows that the processing market is expanding to meet this demand, potentially driven by factors like convenience, longer shelf life, and safety assurances offered by processed products. Additionally, the USDA's resources offering guidance and market reports suggest proactive support for the industry, potentially fostering innovation and expansion into new markets, further contributing to the growth of the egg processing market.

• Published: March 2024

Biomaterials Market worth $68.93 billion by 2030

The report "Biomaterials Market by Type [Metallic (Gold, Magnesium), Ceramic (Aluminum Oxide, Carbon), Polymer (Polyethylene, Polyester), Natural (Hyaluronic acid, Collagen, Gelatin)], Application (Orthopedic, Dental, CVD, Ophthalmology) - Global Forecast to 2030” is projected to grow from USD 48.36 billion in 2025 and to reach USD 68.93 billion by 2030, at a Compound Annual Growth Rate (CAGR) of 7.3% during the forecast period.

• Published: March 2024

Video-on-Demand (VoD) Market worth $390.24 billion by 2031

The report "Video-on-Demand (VoD) Market by Service Type (OTT, IPTV, Cable, Satellite/DTH), Monetization Model (SVOD, TVOD, AVOD, FAST, EST), Platform Type (Smartphones, Tablets/Laptops, Smart TVs, Others), Content Type (Movies, TV/Series, Music, News & Sports), End User, and Region – Global Forecast to 2031", The global VoD market will grow from USD 211.82 billion in 2026 to USD 390.24 billion by 2031, at a CAGR of 13.0% during the forecast period. This growth is driven by the rapid expansion of subscription-based streaming platforms and the increasing availability of premium digital content across OTT ecosystems. Media companies and technology providers are investing heavily in original series, live sports streaming, and localized content libraries to strengthen user engagement and subscriber retention. At the same time, improvements in broadband infrastructure, smart TV adoption, and mobile streaming capabilities have made on-demand video services more accessible across both developed and emerging markets. As competition among global and regional streaming platforms intensifies, providers are focusing on differentiated content offerings and bundled subscription models to expand their user base and sustain long-term revenue growth.

• Published: March 2024

Bioceramics Market worth $10.2 billion by 2028

The report "Bioceramics Market by Type (Bio-inert, Bio-active, Bio-resorbable), Material Type (Aluminum Oxide, Zirconia, Calcium Phosphate, Calcium Sulfate), Form (Powder, Liquid), Application (Orthopedics, Dental, Biomedical), and Region- Forecast to 2028", is estimated at USD 7.4 billion in 2023 and is projected to reach USD 10.2 billion by 2028, at a CAGR of 6.7 % from 2023 to 2028. Bioceramics are a class of ceramic materials that are biocompatible and used for repairing or replacing damaged bone tissues. Bioceramics range in biocompatibility from the ceramic oxides, which are inert in the body, to the other extreme of resorbable materials, which are eventually replaced by the body after they have assisted repair. Bioceramics are used in many types of medical procedures, including dental and bone implants, joint replacements, pacemakers, kidney dialysis machines, and respirators. Bioceramics can be modelled to precise shapes and their compositions can be tailored to enhance specific properties.

• Published: March 2024

Drone Warfare Industry worth $30.5 billion by 2028

The report "Drone Warfare Market Size, Share & Industry Growth Analysis Report, By Capability (Platform, Application Software, Services, GCS, Drone launch & Recovery systems), Application, Mode of Operation & Region - Global Forecast to 2028" The drone warfare industry is anticipated to experience substantial growth, increasing from USD 20.1 billion in 2023 to USD 30.5 billion by 2028 with CAGR 8.6%. This growth is driven by increased investments in advanced military solutions to enhance defense forces' capabilities. The rise in piracy and territorial encroachments in regions like Central Asia, South America, East Africa, the Indian subcontinent, Southeast Asia, and West Africa has led to heightened maritime patrolling and anti-piracy operations. As a result, there is a growing reliance on Unmanned Aerial Vehicles (UAVs) for maritime patrolling and identifying potential hotspots.

• Published: March 2024

Mental Health Screening Market worth $1.8 billion by 2029

The report "Mental Health Screening Market by Indication (Depression, Bipolar, Schizophrenia, ADHD, Alzheimer, Dementia), Screening (Self, Interview, Observation, Biomarker), Technology (mHealth, Remote Platform, Telehealth), Age, Setting - Global Forecast to 2029 "Mental Health Screening market is projected to reach USD 1.8 billion by 2029 from USD 0.9 billion in 2023, at a CAGR 12.2%.

• Published: March 2024

Organic Soy Protein Isolates Industry worth $257 million by 2029

According to a research report "Organic Soy Protein Isolates Market by Application (Food & Beverages, Feed), Form (Dry, Liquid), Extraction Process (Qualitative), And Region (North America, Europe, Asia Pacific, South America & RoW) - Global Forecast to 2029" published by MarketsandMarkets, the global organic soy protein isolates market, valued at USD 197 million in 2024, showcases a remarkable growth projection, anticipated to escalate to USD 257 million by 2029, indicating a robust compound annual growth rate (CAGR) of 5.4% during the forecast period. One of the key applications of organic soy protein isolates is in the food and beverage industry, where they are utilized as ingredients in meat alternatives, bakery products, performance nutrition. These soy protein isolates offer a rapid and efficient source of amino acids, facilitating quicker muscle recovery and promoting overall health. The market's versatility and diverse applications underscore the manifold benefits of organic soy protein isolates, making them a sought-after ingredient in various sectors and contributing to the industry's sustained expansion.

• Published: March 2024

Absorbent Paper Market worth $177.3 billion by 2028

The report "Absorbent Paper Market by Type (Wet Crepe, Dry Crepe, Tissue, Scrim-Reinforced Paper), Application (Filter Paper, Toilet Paper, Napkins, Surgical Drapes & Gowns, Food Wraps, Wipes), End-use Industry, and Region - Global Forecast to 2028", size is projected to reach USD 177.3 billion by 2028 from USD 135.0 billion in 2023, at a CAGR of 5.6% during the forecast period. The major drivers for the absorbent paper market are the rising hygiene and sanitation awareness, growing demand for adult incontinence products, and increasing demand for coffee filters in Europe. Increasing competition from alternative materials, and environmental concerns related to the production, use, and disposal of absorbent paper products are considered restraining factors in this market. Whereas the increasing demand for surgical drapes and gowns, and expansion of absorbent paper market into new applications such as wipes, and personal care products act as opportunities in the market.

• Published: March 2024

Outdoor Power Equipment Industry worth $36.5 billion by 2029

The report "Outdoor Power Equipment Market by Equipment Type (Lawn Mowers, Saws, Trimmers & Edgers), Power Source (Fuel-based, Electric), Functionality (Connected/Smart Products, Conventional Products), Application and Region - Global Forecast to 2029" The outdoor power equipment market is expected to grow from USD 31.0 billion in 2024 to USD 36.5 billion by 2029, at a CAGR of 3.3% during the forecast period. Increasing homeowner interest in gardening, alongside a growing demand for landscaping services, and the rising popularity of battery-powered outdoor equipment for lawn maintenance and gardening tasks, are significant factors driving the outdoor power equipment market. In addition, the development of intelligent and interconnected outdoor power equipment, along with the rising trend of choosing rental services for such equipment, generates opportunities for market growth.

• Published: March 2024

Facial Recognition Industry worth $20.68 billion by 2031

The report "Facial Recognition Market by Offering (Hardware, Software Solutions, Services), Application (Security & Access Control, Finance & Payments, Marketing), Vertical (BFSI, Government, Retail & E-commerce) and Region - Global Forecast to 2031" is projected to grow from USD 10.02 billion in 2026 to USD 20.68 billion by 2031 at a Compound Annual Growth Rate (CAGR) of 15.6% during the forecast period.

• Published: March 2024

Electric Commercial Vehicle Industry worth $248.20 billion by 2030

According to a research report "Electric Commercial Vehicle Market by Vehicle Type (Pickups, Medium and Heavy-Duty Trucks, Vans, Buses), Propulsion, Range, Battery Type, Power Output, Battery Capacity, Component, End User, Body Construction and Region - Global Forecast to 2030" published by MarketsandMarkets, the global Electric Commercial Vehicle market is projected to grow from USD 60.48 Billion in 2024 to USD 248.20 Billion by 2030, registering a CAGR of 26.6%.

• Published: March 2024

Solar Photovoltaic Glass Market worth $27.3 billion by 2028

The report "Solar Photovoltaic Glass Market by Type (AR-Coated, Tempered, TCO-Coated), Application, End User (Crystalline Silicon PV Module, Thin Film Module, Perovskite Module), Installation Technology & Region - Global Forecast to 2028", size is projected to grow from USD 7.8 billion in 2023 and reach USD 27.3 billion by 2028, at a CAGR of 28.4% from 2023 to 2028. Technological advancements, government policies promoting renewable energy, and the overall growth of the solar industry are the key drivers for the solar photovoltaic glass market.

• Published: March 2024

Corporate Lending Platform Industry worth $11.0 billion by 2030

According to a research report "Corporate Lending Platform Market by Lending Type (Commercial (Asset-based Lending, Cash Flow Financing), Microfinance, SME (Secured Loans, Working Capital Loans), Agriculture (Supply Chain Financing, Commodities Trading))- Global Forecast to 2030" published by MarketsandMarkets, the market for corporate lending platforms is estimated to grow from USD 3.0 billion in 2024 to USD 11.0 billion in 2030, at a CAGR of 24.5% during the forecast period. The corporate lending platform market is poised for substantial growth fueled by the increasing adoption of digitalization and cloud-based solutions is expected to drive demand for efficient and accessible lending platforms among corporate borrowers. Digitalization is a key trend, with cloud-based platforms and mobile applications offering convenient access to borrowing solutions for corporate clients. With blockchain technology emerging as a potential disruptor for secure transaction processing, the corporate lending platform market presents vast opportunities for those able to leverage these trends to deliver innovative and tailored lending solutions.

• Published: March 2024

Pipette Calibrators Market worth $391 million by 2029

The report "Pipette Calibrators Market by Type (Devices, Software), Channel Type, Method (Gravimetry, Photometry), Application (Research (Drug Discovery), Clinical Diagnostics), End User (Pharmaceutical & Biotechnology), & Region - Global Forecast to 2029", is projected to reach USD 391 million by 2029 from USD 286 million in 2024, at a CAGR of 6.5% during the forecast period. The growth of this market is majorly driven by rise in genomics and proteomics research, growth in portable and handheld devices, and establishment of new research facilities by pharmaceutical companies.

• Published: March 2024

Bread Improvers Industry worth $1.9 billion by 2028

According to a research report "Bread Improvers Market by Type (Emulsifiers, Enzymes, Oxidizing Agents, Reducing Agents, and Acidulants), Application (Bread, Buns, & Rolls, Cakes, Pastries, Pizza Dough), Form (Powdered, Liquid), End Users and Region - Global Forecast to 2028" published by MarketsandMarkets, the global bread improvers industry, valued at USD 1.5 Billion in 2023, highlights a remarkable growth projection, anticipated to escalate to USD 1.9 Billion by 2028, indicating a robust compound annual growth rate (CAGR) of 5.9% during the forecast period. According to the USDA Report on Food Processing Ingredients published in March 2021, the sales of bakery products experienced an increase of 7% to reach an impressive U.S. $1.2 billion in 2020. This growth coincided with a significant rise in consumer expenditure on bread and cereals, which reached U.S. $206.9 per capita, marking an 8.3% increase from the previous year (2019). Alongside this upward trajectory in the bakery sector, the demand for bread improvers has also seen a corresponding increase. As bakery manufacturers strive to meet consumer expectations for high-quality, flavorful, and longer-lasting bread products, the use of bread improvers has become increasingly prevalent. By enhancing the texture, volume, and shelf life of bread, bread improvers play a crucial role in ensuring consistent product quality and meeting consumer preferences.

• Published: March 2024

BPaaS Industry worth $92.9 billion by 2028

According to a research report "BPaaS Market by Business Process (Human Resource Management, Customer Service & Support, Accounting & Finance, Sales & Marketing, Procurement, SCM, and Operations), Deployment Model (Public, Private, Hyrbid Cloud) - Global Industry Forecast to 2028" published by MarketsandMarkets, the Business Process as a service market is expected to grow from USD 63.3 billion in 2023 to USD 92.9 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 8.0% during the forecast period. BPaaS solutions can be accessed from anywhere with an internet connection, making them ideal for organizations with global operations or distributed teams. This global reach allows businesses to streamline processes across geographies and collaborate more effectively. This drives the growth of BPaaS market.

• Published: March 2024

Land Survey Equipment Industry worth $11.7 billion by 2028

• Published: March 2024

Composites Market worth $181.7 billion by 2028

The report "Composites Market by Fiber Type (Glass Fiber Composites, Carbon Fiber Composites, Natural Fiber Composites), Resin Type (Thermoset Composites, Thermoplastic Composites), Manufacturing Process, End-use Industry, and Region - Global Forecast to 2028", size is expected to witness a CAGR of 10.8% and is 108.8 USD billion in 2023 and is estimated to reach 181.7 USD billion by 2028. Demand for composites is expected to to grow due to the increase in the demand for high performance materials with properties such as high strength to weight ratio, good tensile strength, and electrical conductivity among others.

• Published: March 2024

Retail Automation Industry worth $44.3 billion by 2029

The report "Retail Automation Market by Product Type (Interactive Kiosk, Self-checkout System, Barcode, RFID, ESL, Cameras, AMR, COBOTS, AGV, ASRS, Conveyor & Sortation Systems), Implementation Type (In-house, Warehouse), End-user & Region - Global Forecast to 2029" The retail automation industry is expected to be valued at USD 27.6 billion in 2024 and is projected to reach USD 44.3 billion by 2029; it is expected to grow at a CAGR of 9.9% during the forecast period. The increasing demand rising demand for high-quality and fast service to consumers and the increasing adoption of integrated automated technology in warehouses are the key drivers fueling the expansion of the retail automation industry. Restraints such as regular maintenance and meeting regulatory compliance hinder market growth. However, factors such as increased transparency in supply chain management and enhanced retail experience for consumers by leveraging automation technologies provide lucrative opportunities for market players in coming years.

• Published: February 2024

Chromatography Reagents Market worth $11.5 billion by 2029

The report "Chromatography Reagents Market by Technology (LC( HPLC, UPLC, LPLC),GC, SFC, TLC), Type (Solvent(LC, GC), Derivatization Reagent (Acylation, Silylation), Ion-Pair Reagent, Buffer), Mechanism, User (Pharma, Academia, Hospital) - Global Forecast to 2029 ", is projected to reach USD 11.5 billion by 2029 from USD 6.8 billion in 2024, at a CAGR of 11.0 % during the forecast period.

• Published: February 2024

Next-generation Firewall Industry worth $8.6 billion by 2028

According to a research report "Next-generation Firewall Market by Offering (Hardware, Software, Services), Deployment Mode (On-premises, Cloud/Virtual), Organization Size (Large Enterprises, SMEs), Vertical (BFSI, Government, Other Verticals) and Region - Global Forecast to 2028" published by MarketsandMarkets, the global next generation firewall market size is projected to grow from USD 5.0 billion in 2023 to USD 8.6 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 11.4% during the forecast period. The growth of the next-generation firewall market is propelled by shifting work dynamics, demanding refined security solutions. With remote work becoming commonplace, organizations face heightened cyber threats as employees access networks from diverse locations using personal devices. Next-Generation Firewalls (NGFWs) equipped with advanced threat detection mechanisms ensure secure remote access amidst rising attacks, notably during the COVID-19 pandemic. Additionally, NGFW providers drive compliance advancements, integrating features like application control and intrusion prevention to meet evolving regulatory standards and secure enterprises against sophisticated cyber threats.

• Published: February 2024

Architectural Metal Coatings Market worth $6.7 billion by 2028

The report "Architectural Metal Coatings Market by Resin Type (Polyester, Fluoropolymer), Coil Coating Application (Roofing & Cladding, Wall Panels & Facades), Extrusion Coating Application (Curtain Walls, Store Front) and Region - Global Forecast to 2028", size is projected to grow from USD 5.3 billion in 2023 to USD 6.7 billion by 2028, at a CAGR of 4.6%. The construction industry’s demand for eco-friendly and healthier coating systems and the rising need to improve performance, durability, and aesthetics are key factors contributing to the growth of the architectural metal coatings market. The growing investment in emerging markets is expected to create growth opportunities for the market players globally. However, stringent and time-consuming regulatory policies act as a challenge for market players.

• Published: February 2024

V2X Cybersecurity Market worth $778 million by 2030

According to a research report "V2X Cybersecurity Market by Form (In-vehicle and External Cloud Services), Communication Type (V2I, V2V, V2G, and V2P), Security Framework (PKI and Embedded), Security type, Connectivity Type, Propulsion, Vehicle Type and Region - Global Forecast to 2030" published by MarketsandMarkets, the global V2X cybersecurity market is projected to grow from USD 43 million in 2023 to USD 778 million by 2030, at a CAGR of 51.3%.

• Published: February 2024

Contactless Connector Industry worth $480 million by 2029

The report "Contactless Connector Market by Product Type (Wireless Charging, Wireless Data Transfer), Technology (Inductive Coupling, RF, Magnetic Field), Operation (Simplex, Half-duplex, Full-duplex), Data Rate Gbps (1, 3, Up to 6) - Global Forecast to 2029" The global contactless connector industry size is expected to be valued at USD 220 million in 2024 and is projected to reach USD 480 million by 2029; it is expected to grow at a CAGR of 16.9 % from 2024 to 2029. The rise of IoT devices and smart technologies necessitates secure and reliable connectivity solutions, further propelling the demand for contactless connectors. Moreover, the ongoing advancements in wireless charging and data transfer technologies are expanding the scope of contactless connectors, fueling their market growth.

• Published: February 2024

Natural Personal Care Ingredients Market worth $7.9 billion by 2028

The report "Natural Personal Care Ingredients Market by Type (Emollients, Surfactnats, Rheology Modifiers, Preservatives, Active Ingredients), Application (Skin Care, Hair Care, Make-up, Oral Care), and Region - Global Forecast to 2028", size was USD 5.3 billion in 2022 and is projected to reach USD 7.9 billion by 2028, at a CAGR of 8.3%, between 2023 and 2028.

• Published: February 2024

Speech Analytics Industry worth $7.3 billion by 2029

According to a research report "Speech Analytics Market by Offering (Software by Functionality & Deployment Mode & Services), Business Function (Sales & Marketing, HR), Channel (VOIP & Messaging Platforms, Webinars & Virtual Meetings), Vertical and Region - Global Forecast to 2029" published by MarketsandMarkets, the speech analytics market is projected to grow from USD 3.3 billion in 2024 to USD 7.3 billion by 2029, at a compound annual growth rate (CAGR) of 17.5% during the forecast period. Key driving factors include the rising demand for improving omnichannel integration capabilities, the increasing emphasis on monitoring and improving agent performance, and the growing importance of utilizing analytics for customer retention and enhanced customer satisfaction.

• Published: February 2024

Pea Protein Industry worth $3.7 billion by 2029

According to a research report "Pea Protein Market by Type (Isolates, Concentrates and Textured), Application (Food, Beverages), Form (Dry, Wet), Source (Chickpeas, Yellow Split Peas, Lentils), Processing Method (Dry, Wet) and Region - Global Forecast to 2029" published by MarketsandMarkets, the pea protein market is estimated at USD 2.1 billion in 2024 and is projected to reach USD 3.7 billion by 2029, at a CAGR of 12.0% from 2024 to 2029.  Pea protein's rise in popularity is attributed to its exceptional nutritional profile, rich in essential amino acids like lysine, often lacking in other plant-based sources. Its allergen-free nature, excluding soy and dairy, caters to individuals with dietary restrictions. Furthermore, heightened awareness of the environmental impact of animal agriculture drives the search for sustainable protein sources. Pea protein production consumes fewer resources and emits fewer greenhouse gases than animal-based proteins, aligning with eco-conscious consumer preferences. The versatility of pea protein appeals to food manufacturers, seamlessly integrating into various products like plant-based meats, dairy alternatives, snacks, and supplements, without compromising taste or texture.

• Published: February 2024

Digital Scent Technology Industry worth $2.0 billion by 2029

The report "Digital Scent Technology Market by Hardware Device (E-Nose, Scent Synthesizers), End-Use Product (Medical Diagnostic Products, Quality Control Products), Application (Medical, Food & Beverages, Military & Defense) and Region - Global Forecast to 2029" The Digital Scent Technology industry size is projected to grow from USD 1.2 billion in 2024 and is estimated to reach USD 2.0 billion by 2029; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 10.5% from 2024 to 2029. The Digital Scent Technology industry growth is driven by the growing adoption of e-noses in food industry for process monitoring, freshness evaluation, and authenticity assessment; increasing adoption of compact, portable, and IoT-enabled e-noses.

• Published: February 2024

Organosheet Market worth $1.0 billion by 2028

The report "Organosheet Market by Fiber Type (Carbon Fiber, Glass Fiber), Resin Type (PA, PP, PC, PEEK), Application (Aerospace & Defense, Transportation, Sports & Leisure, Construction), & Region (North America, APAC, Europe, MEA) - Global Forecast to 2028", is estimated at USD 0.6 billion in 2023 and is projected to reach USD 1.0 billion by 2028, at a CAGR of 12.0% from 2023 to 2028. The growth of the organosheet market is being driven by a number of factors, including increasing demand from aerospace applications, extensive use of composites in construction industry, high durability and fatigue resistance, and increasing demand for lightweight materials from automotive industry. The high processing and manufacturing cost of organosheets could hinder market growth. The high demand of organosheets from electric vehicles and cost reduction of carbon fiber composites has boosted the organosheet market.

• Published: February 2024

Space-Based Solar Power Industry worth $6.8 billion by 2040

• Published: February 2024

Racing Simulator Industry worth $1.1 billion by 2030

According to a research report "Racing Simulator Market by Type (Compact, Mid- & Full-Scale), Application (Personal & Commercial), Offering (Hardware & Software), Vehicle Type (Passenger Cars & Commercial Vehicle), Sales Channel (Online & Offline), Component & Region – Global Forecast to 2030" published by MarketsandMarkets, The racing simulator market is projected to grow from USD 0.5 billion in 2024 to USD 1.1 billion by 2030 at a CAGR of 15.6% during the forecast period.

• Published: February 2024

3D and 4D Technology Industry worth $866.5 billion by 2029

The report "3D and 4D Technology Market by Solution Type (3D & 4D Input Devices, 3D and 4D Imaging Solutions, 3D Output Devices), End Use Application (3D and 4D Gaming, 3D & 4D Cinema), Vertical (Entertainment, Military and Defense) Region - Global Forecast to 2029" The 3D and 4D technology Industry size is projected to grow from USD 399.7 billion in 2024 to reach USD 866.5 billion by 2029; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 16.7% from 2024 to 2029.The growth of the 3D and 4D technology Industry is driven by surge in the trend of 3D and 4D gaming, rising demand for 3D-enabled devices across verticals, and rising demand for 3D and 4D technology in entertainment industry.

• Published: February 2024

Textile Coatings Market worth $5.4 billion by 2028

The Report "Textile Coatings Market by Type (Thermoplastic, Thermoset), End-use Industry (Transportation, Building & Construction, Protective Clothing, Industrial, Medical), and Region (North America, Europe, APAC, South America, MEA) - Global Forecast to 2028", size was USD 4.4 billion in 2023 to USD 5.4 billion by 2028, at a CAGR of 4.6% from 2023 to 2028.

• Published: February 2024

Hard Coatings Market worth $1.7 billion by 2028

The report "Hard Coatings Market by Material Type (Nitrides, Oxides, Carbides, Carbon, Borides, Multi-Component), Deposition Techniques (PVD, CVD), Application, End-use industry, and Region (North America, Europe, APAC, South America, MEA) - Global Forecast to 2028", is projected to reach a market size of USD 1.7 billion by 2028 from USD 1.2 billion in 2023, at a CAGR of 7.0%. Asia Pacific is one of the largest markets for hard coatings. The demand for hard coatings is increasing in cutting tools, decorative coatings, Optics, and Gears. The demand from developing nations, such as India, China, Malaysia, Germany, Mexico, and Brazil is expected to drive the global hard coatings market.

• Published: February 2024

LED Lighting Industry worth $118.4 billion by 2029

According to a research report "LED Lighting Market by Product (Lamps, Luminaire), Application (Indoor, Outdoor), Installation (New, Retrofit), Sales Channel (Direct, retail, E-commerce) and Region (North America, Europe, APAC, Rest of the World) - Global Forecast to 2029" The global LED lighting market is projected to grow from USD 78.9 billion in 2024 to USD 118.4 billion by 2029, registering a CAGR of 8.5% during the forecast period. The LED lighting market is propelled by a combination of key drivers that have contributed to its widespread adoption globally. Energy efficiency stands out as a primary driver, with LED technology offering significant reductions in energy consumption compared to traditional lighting sources.

• Published: February 2024

Automation Testing Market worth $55.26 billion by 2028

According to a research report "Automation Testing Market by Offering (Testing Types (Static Testing and Dynamic Testing) and Services), Endpoint Interface (Mobile, Web, Desktop, and Embedded Software), Vertical (BFSI, Automotive, IT & ITeS) and Region - Global Forecast to 2028" published by MarketsandMarkets, the automation testing market is estimated at USD 28.10 billion in 2023 and is projected to reach USD 55.26 billion by 2028, at a CAGR of 14.5% from 2023 to 2028.

• Published: February 2024

Rodenticides Industry worth $7.7 billion by 2029

According to a research report "Rodenticides Market by Type (Chemical, Mechanical, Biological, And Software & Services), Mode Of Application (Pellets, Spray, And Powder), End Use  (Agriculture, Warehouses, Urban Centers), Rodent Type, & Region- Global Forecast to 2029" published by MarketsandMarkets, the global market for rodenticides is estimated at USD 5.8 billion in 2024 and is projected to reach USD 7.7 billion by 2029, at a CAGR of 5.9% during the forecast period. The global rodenticides market has witnessed remarkable growth in recent years, driven by factors like the expansion of urban areas, which has led to an increase in rodent populations due to the availability of food waste and shelter. This has led to a higher demand for effective rodent control methods, including rodenticides. Also, alterations in weather patterns and temperatures have the potential to impact rodent populations, as certain species may flourish in warmer climates. As climate change continues, there are notable shifts in rodent habitats and behavior, necessitating adaptations in the use of rodenticides.

• Published: February 2024

Synthetic Lubricants Market worth $48.0 billion by 2028

The report "Synthetic Lubricants Market by Type (Polyalphaolefins (PAOs), Esters, Poly Alkyne Glycols (PAGs), Group III), Product Type (Engine Oils, Hydraulic Fluids, Metalworking Fluids, Compressor Oils, Turbine Oils), & Region - Global Forecast to 2028" market size of Synthetic Lubricants is estimated at USD 41.2 billion in 2023 and is projected to reach USD 48.0 billion by 2028, at a CAGR of 3.1%.

• Published: February 2024

Commercial Electric Aircraft Industry worth $1,467 million by 2035

The report "Commercial Electric Aircraft Market by Platform (Regional Transport Aircraft, Business Jets), Range (<200 Km, 200-500 Km, >500 Km), Power (100-500 kW, >500 kW) and Region (North America, Europe, Asia Pacific, Rest of the World) - Global Forecast to 2035" The Commercial Electric Aircraft Market is estimated to be USD 97 million in 2026 to USD 692 million in 2031 and is projected to reach USD 1,467 million by 2035, at a CAGR of 20.7% from 2031 to 2035

• Published: February 2024