Press Release

Automotive Software Market worth $32.3 billion by 2030

According to a research report "Automotive Software Market by ICE Application (ADAS, Autonomous Driving, Infotainment, Body Control & Comfort, Telematics), Software Layer (OS, Middleware, Application), Vehicle Type (PCs, LCVs, HCVs), EV Application & Region - Global Forecast to 2030" published by MarketsandMarkets, the global automotive software market size is projected to grow from USD 19.0 billion in 2023 to USD 32.3 billion by 2030, at a CAGR of 7.8%. The rise in focus towards software-defined vehicles paired with increasing penetration of ADAS features in vehicles are expected to increase the demand for automotive software solutions. Also, the strong government support for vehicle safety paired with rising adoption of software-over-the-air (SOTA) updates are anticipated to promote the revenue growth of automotive software market.

• Published: November 2023

Restorative Dentistry Market worth $7.4 billion by 2028

The report "Restorative Dentistry Market by Product (Material(Composite, Glass ionomer, Adhesive, Metal)), Rotary Instrument, Equipment (CAD/CAM, Intraoral scanner, CBCT, Xray)), End user (DSO, Clinic, Hospital), Cavity type, Key Stakeholders - Global Forecast to 2028", is projected to reach USD 7.4  billion by 2028 from USD  5.6  billion in 2023, at a CAGR of 5.5% during the forecast period. Growth in this market can primarily be attributed to the development of technologically advanced solutions. Patient compliance has concurrently increased, with a sharp rise in the demand for cosmetic dentistry procedures. Adhesive dentistry is an area that has gained attention this uses composite materials to improve aesthetics and strengthen teeth with minimal damage to tooth structures. As a result, the number of people opting for such procedures increases.

• Published: November 2023

Emission Monitoring System Industry worth $5.0 billion by 2028

The report "Emission Monitoring System Market by System Type (CEMS and PEMS), Device Type (Gas Analyzers, Flow & Opacity Monitors, Sample Probes, Data Controllers, Filters), Software, Services, Industry and Region - Global Forecast to 2028" The global emission monitoring system market size is expected to grow from USD 3.2 billion in 2023 to USD 5.0 billion by 2028, at a CAGR of 9.3% from 2023 to 2028. Many industries, including power generation, cement, oil & gas, and chemicals, release harmful or toxic gases into the environment. These gases, including sulfur oxides (Sox), nitrogen oxides (NOx), carbon monoxide (CO), carbon dioxide (CO2), and ammonia (NH?), have a negative impact on human health and the overall ecosystem.

• Published: November 2023

Digital Isolator Industry worth $3.1 billion by 2028

According to a research report "Digital Isolator Market by Technology (Capacitive, Magnetic, GMR), Data Rate (25 to 75 Mbps, More Than 75 Mbps), Channel, Insulation Material, Application (Gate Drivers, DC/DC Converters, ADCs), Vertical and Region - Global Forecast to 2028" The digital isolator market was valued at USD 1.9 billion in 2022 and is projected to reach USD 3.1 billion by 2028; it is expected to grow at a CAGR of 8.6% from 2023 to 2028. Factors accelerating the growth of the digital isolator market are the increased adoption of digital isolators as alternatives to optocouplers, stringent regulations for batteries installed in electric and hybrid electric vehicles, strong focus on the adoption of renewable energy sources worldwide, high demand for noise-free electronics and electrical devices, rapid adoption of digital isolators in industrial motor drive applications, as well as integration of digital isolators with gate drivers for enhancing safety and reliability of power electronics systems.

• Published: November 2023

Functional Films Market worth $49.6 billion by 2030

The report "Functional Films Market by Type (Conductive Films, Optical Films, Protective Films, Barrier Films, Adhesive Films), Material (Polyethylene), End-Use (Packaging, Electronics, Automotive), Substrate (Glass, Plastic) and Region - Global Forecast to 2030", size is projected to grow from USD 30.5 billion in 2023 to USD 49.6 billion by 2030, registering a CAGR of 7.2% during the forecast period. The functional films market is poised for substantial growth, propelled by diverse opportunities across industries. The escalating demand for advanced packaging solutions in the food and beverage sector, driven by the need for extended shelf life and UV protection, is a significant factor. Additionally, the automotive industry's increasing integration of films for applications like window tinting and anti-glare coatings, coupled with the rising prominence of renewable energy sources and the sustainability trend, is creating avenues for functional films in solar panels and eco-friendly solutions. The healthcare sector, with its emphasis on innovative medical devices and drug delivery systems, further contributes to the market's expansion.

• Published: November 2023

Space Debris Removal Industry worth $0.6 billion by 2028

The report "Space Debris Removal Market by Technique (Direct Debris Removal, Indirect Debris Removal), Orbit (LEO, MEO, GEO), Debris Size (1mm to 10mm, 10mm to 100mm, Greater than 100mm), End User, Operation and Region - Global Forecast to 2028" The Space Debris Removal market is valued at USD 0.1 billion in 2023 and is projected to reach USD 0.6 billion by 2028, at a CAGR of 41.7% from 2023 to 2028.The space debris removal market is a subset of the satellite and technology industry that focuses on the development and deployment of space debris removal solutions and services. Space debris removal refers to the strategic process of eliminating defunct satellites, spent rocket stages, and fragments from space orbit. This burgeoning industry aims to mitigate orbital congestion, safeguard operational satellites, and ensure sustainable space exploration. By deploying innovative technologies and retrieval strategies, companies engage in the retrieval, capture, and disposal of space debris, fostering a cleaner orbital environment for continued commercial satellite launches and enhancing the long-term viability of space activities.

• Published: November 2023

Continuous Bioprocessing Market worth $599 million by 2028

The report "Continuous Bioprocessing Market by Product (Chromatography, Filtration, Bioreactor, Media), Process (Upstream, Downstream), Scale of Operation (Commercial, Clinical), Application (mAbs, Vaccines, Cell & Gene Therapy), & End User - Global Forecast to 2028", is projected to reach USD 599 million by 2028 from USD 218 million in 2023, at a CAGR of 22.4% during the forecast period of 2023 to 2028. The global continuous bioprocessing market is growing owing to factors such as favorable regulatory & government support for innovative technologies, and emergence of integrated end-to-end continuous bioprocessing. The market growth could be hampered by high capital investment that could limit the entry for small players.

• Published: November 2023

Robotic Warfare Industry worth $39.5 billion by 2028

The report "Robotic Warfare Industry by Application, Capability (Unmanned Platforms & Systems, Exoskeleton & Wearables, Target Acquisition Systems, Turret and Weapon Systems), Mode of Operation, Domain (Land, Marine, Airborne) and Region - Global Forecast to 2028" The Robotic Warfare Industry is estimated at USD 29.3 billion in 2023 and is projected to reach USD 39.5 billion by 2028, at a CAGR of 6.1% from 2023 to 2028. The growth can be attributed to the demand for unmanned systems and advanced technology such as Artificial Intelligence solutions for various military operations.

• Published: November 2023

CFRTP Market worth $16.8 billion by 2028

The report "CFRTP Market by Product Type (Continuous, Long, Short), Resin Type (PA, PEEK, PPS, PC, PP), Application (Aerospace & Defense, Consumer Electronics, Transportation), and Region (North America, Europe, APAC, Latin America, MEA) - Global Forecast to 2028", is estimated at USD 8.9 billion in 2023 and is projected to reach USD 16.8 billion by 2028, at a CAGR of 13.5% from 2023 to 2028. CFRTP is produced using a combination of carbon fiber and thermoplastic resin, along with additives and pigments. It is used in aerospace, automotive, consumer durables, and other industries. Polyamide, polyether ether ketone, polycarbonate, and polyphenylene sulfide are key resins used to manufacture CFRTP. CFRTP is lightweight, easy to construct, dimensionally stable, and resistant to chemicals and corrosion. Due to these properties, CFRTP has an increased lifecycle that leads to low maintenance costs compared to traditional materials such as steel and other metallic alloys.

• Published: November 2023

Waterproofing Admixtures Market worth $8.0 billion by 2028

The report "Waterproofing Admixtures Market by Type (Pore Blocking Admixtures, Crystalline Admixtures, Densifier), Application (Residential, Commercial, Infrastructure), and Region (Asia Pacific, Europe, North America, MEA, South America) - Global Forecast to 2028", size was USD 5.3 billion in 2022 and is projected to reach USD 8.0 billion by 2028, at a CAGR of 7.4%, between 2023 and 2028.

• Published: November 2023

Cellular Modem Industry worth $12.4 billion by 2028

The report "Cellular Modem Market by Type (Embedded Cellular Modem, and Box Portable Cellular Modem), Technology (2G,3G,4G,5G, NB-IoT, and LTE-M), Vertical (Agriculture, Automotive & Transportation, Smart Cities, and Healthcare), Region - Global Forecast to 2028" The cellular modem industry size is valued at USD 4.8 billion in 2023 and is anticipated to be USD 12.4 billion by 2028, growing at a CAGR of 20.6% from 2023 to 2028. The key factors contributing to the growth of the cellular modem industry include High demand for smart home devices, and Strong preference for e-learning and online education. Cellular modems allows students and educators in areas with limited broadband access can participate in online classes, engage in live video lectures, and access interactive learning platforms

• Published: November 2023

LEO Terminals Industry worth $17.7 billion by 2028

The report "LEO Terminals Market by Vertical (Commercial, Government & Defense), Platform (Fixed, Portable, Mobile), Frequency (C-Band, L&S-Band, X-Band, Ka-Band, Ku-Band, VHF/UHF-Band, EHF/SHF-Band, Multi-Band,Q- Band) and Region - Global Forecast to 2028" The overall LEO terminals markets is projected to experience significant growth, transitioning from USD 17.7 billion by 2028, from USD 6.0 billion in 2023, reflecting a notable Compound Annual Growth Rate (CAGR) of 23.9%. between 2023 and 2028. Notably, North America is anticipated to hold the most substantial share of the LEO terminals markets in 2023.

• Published: November 2023

Hypercharger Market worth 273.7 Thousand Units by 2030

According to a research report "Hypercharger Market by Port Type (CCS, MCS, ChaoJi, NACS), Hypercharging Compatible Vehicle Sales by Vehicle Type (Passenger Cars, Light Commercial Vehicle and Heavy Commercial Vehicle), and Region - Global Forecast to 2030" published by MarketsandMarkets, the Hypercharger market size is projected to grow from 10.4 Thousand Units in 2023 and projected to reach 273.7 Thousand Units by 2030, at a CAGR of 59.5%. The Hypercharger demand is primarily driven by the growing popularity and adoption of electric vehicles (EVs). As more consumers and businesses transition to electric mobility, there is a heightened need for charging solutions that offer ultra-fast charging speeds. Hypercharger addresses the time constraints associated with traditional charging methods, providing EV users with the convenience of quickly replenishing their vehicle's battery charge.

• Published: November 2023

Smart Locker Industry worth $3.6 billion by 2028

The report "Smart Locker Market by Offering (Hardware, Software, Services), Technology (RFID, Electronic, Mobile, Biometric, Cloud), Deployment (Indoor, Outdoor), Application (Day, Parcel, Staff, Asset Management), End-Use Industry, Region - Global Forecast to 2028" The global smart locker industry size is expected to be valued at USD 2.1 billion in 2023 and is projected to reach USD 3.6 billion by 2028; it is expected to grow at a CAGR of 11.6 % from 2023 to 2028. The need for smart lockers arises from the evolving demands of modern lifestyles, driven by factors such as the surge in e-commerce activities, the imperative for contactless solutions amidst the pandemic, last-mile delivery challenges in urban environments, advancements in technology like IoT and RFID integration, and the growing emphasis on sustainable and secure parcel management practices. These lockers cater to convenience, efficiency, and security demands in package delivery and storage, adapting to the changing dynamics of consumer behavior and the technological landscape.

• Published: November 2023

Anti-aircraft Warfare Industry worth $28.6 billion by 2028

The report "Anti-aircraft Warfare Industry by Capability (Support, Protection and Attack), System (Weapon System, Radar System, Electronic Warfare System, Command and Control System), Platform (Land , Naval and Airborne), Range & Region - Forecast to 2028" The Anti-aircraft warfare industry size is projected to grow from USD 20.9 billion in 2023 to USD 28.6 billion by 2028, at a CAGR of 6.5% from 2023 to 2028. The demand for these weapons has witnessed significant growth recently due to growing threats from unmanned aerial vehicles, proliferation of advanced technologies like stealth and electronic countermeasures in aircraft. Thus, it is imperative to avoid collateral damage and provide combatants with advanced defence systems have led to the growth of anti-aircraft warfare market.

• Published: November 2023

Automotive Coatings Market worth $19.0 billion by 2028

The Report "Automotive Coatings Market by Resin Type (Polyurethane, Epoxy, Acrylic), Vehicle Type (Passenger Cars, Commercial Vehicles), Technology Type (Solvent-based, Water-based, Powder-based), Coat Type (Clearcoat, Basecoat) & Region - Global Forecast to 2028", is projected to reach a market size of USD 19.0 billion by 2028 from USD 15.5 billion in 2023, at a CAGR of 4.1%. Asia pacific is the one of the largest markets for automotive coatings. The demand for automotive coatings is increasing in the Clearcoat, Basecoat, Primer, and E-Coat. The demand from developing nations, such as China, India, Mexico, Germany, Indonesia, and Brazil are expected to drive the global automotive coatings market.

• Published: November 2023

Multimodal AI Market worth $4.5 billion by 2028

According to a research report "Multimodal Al Market by Offering (Solutions & Services), Data Modality (Image, Audio), Technology (ML, NLP, Computer Vision, Context Awareness, IoT), Type (Generative, Translative, Explanatory, Interactive), Vertical and Region - Global Forecast to 2028" published by MarketsandMarkets, the market for multimodal AI is estimated to grow from USD 1.0 billion in 2023 to USD 4.5 billion by 2028, at a CAGR of 35.0% during the forecast period. Multimodal AI refers to artificial intelligence that leverages a variety of data types, such as video, audio, speech, images, text, and conventional numerical datasets, to enhance its ability to make more precise predictions, draw insightful conclusions, and provide accurate solutions to real-world challenges. This approach involves training AI systems to synthesize and process diverse data sources concurrently, enabling them to better understand content and context, a significant improvement compared to earlier AI models.

• Published: November 2023

ELISpot and FluoroSpot Assay Market worth $421 million by 2028

The report "ELISpot and FluoroSpot Assay Market by Product (Assay kit (Technique, Utility, Analyte (T Cell and B Cell assay)), Analyzer), Application (Transplants, Infectious Diseases, Vaccine Development, Cancer Research), End User - Global Forecast to 2028", size is projected to reach USD 421 million by 2028 from USD 292 million in 2023, at a CAGR of 7.6% during the forecast period

• Published: November 2023

District Heating Industry worth $242.1 billion by 2028

The report "District Heating Market by Heat Source (Coal, Natural Gas, Geothermal, Biomass & Biofuel, Solar, Oil & Petroleum Products), Component (Boiler, Heat Exchanger, Heat Pumps), Plant Type (CHP, Boiler), Application and Region - Global Forecast to 2028" The global district heating market is expected to be valued at USD 191.5 billion in 2023 and is projected to reach USD 242.1 billion by 2028; it is expected to grow at a CAGR of 4.8% from 2023 to 2028. The demand for energy-efficient, cost-effective heating, and intensified urbanization and industrial growth collectively fuel the district heating market.

• Published: November 2023

Environmental Sensor Industry worth $3.0 billion by 2028

The report "Environmental Sensor Market by Type (Temperature, Humidity, Air Quality, Ultraviolet, Water Quality, Soil Moisture, Integrated), Deployment (Indoor, Outdoor, Portable), Application (Smart Home, Smart Office, Smart City) - Global Forecast to 2028" The environmental sensor industry is projected to grow from USD 1.8 billion in 2023 and is estimated to reach USD 3.0 billion by 2028; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 11.0% from 2023 to 2028.

• Published: November 2023

Ceramic Substrates Market worth $10.3 billion by 2028

The report "Ceramic Substrates Market by Product Type (Alumina, Aluminum Nitride, Silicon Nitride, Beryllium oxide), End-use Industry (Consumer Electronics, Automotive, Telecom, Industrial, Military & Avionics), and Region - Global Forecast to 2028", is projected to reach USD 7.6 billion in 2023 to USD 10.3 billion by 2028, at a CAGR of 6.2%.

• Published: November 2023

Plastic Additives Market worth $57.0 billion by 2028

The report "Plastic Additives Market by Type (Plasticizers, Stabilizers, Flame Retardants), Plastic Type (Commodity Plastics, Engineering Plastics, High Performing Plastics), Application (Packaging, Construction, Consumer Goods), and Region - Global Forecast to 2028", size was USD 43.5 billion in 2023 to USD 57.0 billion by 2028, at a CAGR of 5.6% from 2023 to 2028.

• Published: November 2023

Feminine Hygiene Products Market worth $32.2 billion by 2028

The report "Feminine Hygiene Products Market by Nature (Disposable, Reusable), Type (Sanitary Napkins, Panty Liners, Tampons, Menstrual Cups), Region (Asia Pacific, North America, Europe, Middle East and Africa, South America) - Global Forecast to 2028", size is projected to grow from USD 24.6 billion in 2023 to USD 32.2 billion by 2028, at a CAGR of 5.5% from 2023 to 2028. Feminine hygiene products are designed to help women maintain cleanliness, comfort, and health during their menstrual cycle and for general vaginal care. These products manage menstrual flow, maintain personal hygiene, and prevent discomfort or odor. The rise in awareness about feminine hygiene management and the increasing disposable income of females drives the market growth.

• Published: November 2023

Ferro Silicon Market worth $12.9 billion by 2028

The report "Ferro Silicon Market by Type (Atomized Ferrosilicon, Milled ferrosilicon), Application (Deoxidizer, Inoculants), End-use Industry (Stainless Steel, Cast Iron, Magnesium), and Region (Asia Pacific, Europe, North America, MEA, SA) - Global Forecast to 2028", is projected to reach USD 12.9 billion by 2028, at a CAGR of 3.4% from USD 10.9 billion in 2023.

• Published: November 2023

Pet Food Packaging Market worth $14.9 billion by 2028

The report "Pet Food Packaging Market by Material (Paper & Paperboard, Plastic, Metal), Product (Pouches, Folding Cartons, Metal Cans, Bags), Food (Dry Food, Wet Food, Pet Treats), Animal (Dog, Cat, Fish), and Region - Global Forecast to 2028", is projected to grow from USD 11.1  billion in 2023 to USD 14.9 billion by 2028, at a CAGR of 5.9% from 2023 to 2028.

• Published: November 2023

Cultured Meat Market worth $6,169.6 million by 2034

According to a research report "Cultured Meat Market by Source (Poultry, Beef, Seafood, Pork, Duck), End Use (Nuggets, Burgers, Meatballs, Sausages, Hot Dogs), and Region (North America, Europe, Asia Pacific, South America, Middle East & Africa) - Global Forecast to 2034" published by MarketsandMarkets, the cultured meat market is estimated at USD 272.4 million in 2023 and is projected to reach USD 6,169.6 million by 2034, at a CAGR of 33.3% from 2028 to 2034.

Sustainabilty being the central theme across major economies, industries and personal lives of people around the globe for growth, cultured meat is proving to be the next big paradigm in achieving these ambitious goals. There is a growing global awareness of the pressing environmental and sustainability challenges posed by traditional livestock farming. Cultured meat presents a compelling solution as it dramatically reduces the environmental footprint, including greenhouse gas emissions, land use, and water consumption. Additionally, increased interest from venture capitalists, large food companies, and impact investors is providing substantial funding for research and development in the cultured meat sector. This investment influx is accelerating the commercialization of cultured meat products.

• Published: November 2023

Starch Derivatives Market worth $68.4 billion by 2028

According to a research report "Starch Derivatives Market by Type (Glucose Syrup, Modified Starch, Maltodextrin, Hydrolysates, Cyclodextrin), Source, Form (Dry, Liquid), Application (Food & Beverage, Industrial, Feed), Functionality and Region - Global Forecast to 2028" published by MarketsandMarkets, the Starch derivatives market is projected to reach USD 68.4 billion by 2028 from USD 57.9 billion by 2023, at a CAGR of 3.4% during the forecast period in terms of value. The starch derivatives market is experiencing growth due to increasing demand for processed foods, pharmaceuticals, and sustainable ingredients, coupled with innovations in starch-based products and applications.

• Published: November 2023

Zero Trust Architecture Market worth $38.5 billion by 2028

According to a research report "Zero Trust Architecture Market by Solutions (IAM, Microsegmentation, ZTNA, Continuous Monitoring, Least Privilege Access), by Organization Size (SMB, Large Enterprises), by Deployment Mode (On-premise, Cloud), Vertical, and Region - Forecast to 2029" published by MarketsandMarkets, the global zero trust architecture market size is projected to grow from USD 17.3 billion in 2023 to USD 38.5 billion by 2028 at a Compound Annual  Growth Rate (CAGR) of 17.3% during the forecast period. The expansion of the zero trust architecture market is propelled by the evolving landscape of cyber threats, which demand more robust security measures to counter advanced malware and ransomware. Additionally, consolidating digital transformation and widespread cloud adoption drives the demand for zero trust architecture, ensuring continuous authentication and authorization to protect data and applications in interconnected IT environments. Furthermore, the rising emphasis on regulatory compliance intensifies the adoption of zero trust architecture, aligning with industry-specific regulations and enhancing visibility and control during audits. Moving from traditional perimeter security models to the zero trust architecture approach further contributes to the market’s growth.

• Published: November 2023

Digital Circular Economy Market worth $6.7 billion by 2028

According to a research report "Digital Circular Economy Market by Offering (Software (Circular Design & Prototyping Software, Blockchain & Traceability Software), Services), Application (Digital Resale & Reuse), Technology (IoT, AI & ML), Vertical and Region - Global Forecast to 2028" published by MarketsandMarkets, the digital circular economy market is set to experience rapid growth, projected to surge from USD 2.2 billion in 2023 to USD 6.7 billion by 2028, at a CAGR of 24.3% during the forecast period of 2023–2028. Cutting-edge technologies, notably in IoT, blockchain, and data analytics, are pivotal drivers, optimizing resource utilization and championing sustainability. Embracing these innovations empowers businesses to streamline operations, curtail waste, and elevate overall efficiency, fostering a circular ethos in production and consumption. Newly emerging drivers include a heightened emphasis on sustainable sourcing, with businesses increasingly prioritizing environmentally friendly supply chain practices. Additionally, the growing trend of collaborative ecosystems, where businesses forge partnerships to create closed-loop systems, is amplifying the market's momentum.

• Published: November 2023

IDaaS Market worth $21.4 billion by 2028

According to a research report "IDaaS Market by Component (Provisioning, Single Sign-on, Advance Authentication, Audit, Compliance, and Governance, Directory Services, Password Management), Deployment type, Verticals and Region - Global Forecast to 2028" published by MarketsandMarkets, the global IDaaS market size is projected to grow from USD 7.0 billion in 2023 to USD 21.4 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 25.0% during the forecast period. The rise in identity and authentication frauds and the adoption of advanced authentication techniques across verticals drive the growth of the IDaaS market. Moreover, ownership and privacy challenges may hinder market growth.

• Published: November 2023

Trash Bags Market worth $13.7 billion by 2028

The report "Trash Bags Market by Type (Star Sealed, Drawstring), Material, Size, End-Use (Retail, Institutional, Industrial), Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, E-Commerce), and Region-Global Forecast to 2028", is projected to grow from USD 10.6 billion in 2023 to USD 13.7  billion by 2028, at a CAGR of 5.2% from 2023 to 2028. As the global population continues to increase, there is a rising need for trash bags to manage and dispose of waste generated by various sectors including retail, industrial, and institutional. Factors such as environmental concerns and technological innovations that influence product development and consumer preferences are expected to boost the trash bags market during forecast period.

• Published: November 2023

Explainable AI Market worth $16.2 billion by 2028

According to a research report "Explainable AI Market by Offering (Solutions & Services), Software Type (Standalone Software, Integrated Software, Automated Reporting Tools, Interactive Model Visualization), Methods, Vertical and Region - Global Forecast to 2028" published by MarketsandMarkets, the global explainable AI market size is to grow from USD 6.2 billion in 2023 to USD 16.2 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 20.9% during the forecast period. Explainable AI is at the intersection of AI, machine learning, ethics, and psychology. Collaboration across these fields is driving innovation in making AI systems more interpretable and user-friendly.

• Published: November 2023

In Space Manufacturing Industry worth $62.8 billion by 2040

The report "In Space Manufacturing Market by Product Technology (Perovskite Photovoltaics cell,Graphene and solid-state Lithium batteries, Exchange membrane cells,Traction motor,Hydrogen propulsion system ,Insulin), End Use and Region - Global Forecast to 2040" The In-Space Manufacturing market is estimated to be USD 4.6 billion in 2030 and is projected to reach USD 62.8 billion by 2040 at a CAGR of 29.7 % during the forecast period. The driving factor for in space manufacturing market is the technological advancements in enabling technologies such as 3D printers and bio-printers, space robotics for assembly and automation, miniaturization of hardware and low resource manufacturing capabilities.

• Published: November 2023

Particle Therapy Market worth $ 1.1 billion by 2028

The report "Particle Therapy Market by Type (Proton Therapy, Heavy Ion), Products (Cyclotron, Synchrotron, Synchrocyclotron), Services, System (Single-room, Multi-room), Cancer Type (Pediatric, Prostate), Application (Treatment, Research) - Global Forecast to 2028", is projected to reach USD 1.1 billion by 2028 from USD 0.7 billion in 2023, growing at a CAGR of 8.2% during the forecast period. Many factors, such as technological advancements, funding and reimbursement, strong healthcare funding, active research funding, a clear regulatory framework, growing minimally invasive procedure adoption, and the presence of key market players in developing regions are driving the growth of the particle therapy market. This amalgamation of drivers has engendered substantial market growth. Continued technological advancements, heightened emphasis on non-invasive cancer interventions, and a supportive healthcare ecosystem are anticipated to sustain this upward trajectory.

• Published: November 2023

Automotive Actuators Market worth $33.5 billion by 2030

According to a research report "Automotive Actuators Market By Product Type, Application, Actuation, Motion, Vehicle Type, On-Highway Vehicle, EV Propulsion, EV Application and Region - Global Forecast to 2030" published by MarketsandMarkets, The automotive actuators market size is projected to grow from USD 27.9 billion in 2024 to USD 33.5 billion by 2035, at a CAGR of 3.1%.

• Published: November 2023

Insolvency Software Market worth $2.4 billion by 2028

According to a research report "Insolvency Software Market by Offering (Solutions, Services), Organization Size (Large Enterprises, & SMEs), Application (Document Management, Financial Transaction Management, Reporting, Compliance, Creditor Management), Vertical - Global Forecast to 2028" published by MarketsandMarkets, the Insolvency Software market is projected to grow from USD 1.5 billion in 2023 to USD 2.4 billion by 2028, at a CAGR of 10.4% during the forecast period, according to MarketsandMarkets. Demand for insolvency software has been increased to manage insolvency cases effectively. The demand for cost-effective solutions to reduce bankruptcy arises from various reasons, including maintaining financial stability for individuals and businesses, preventing economic disruptions, minimizing legal and administrative costs associated with bankruptcy proceedings, protecting creditors’ interests, and providing viable alternatives to bankruptcy.

• Published: November 2023

Nuclear Power Plant Control System Industry worth $825 Million by 2028

According to a research report "Nuclear Power Plant Control System Market by Component (Hardware, Software, Services), Solution (SCADA, PLC, DCS), Application (Generator Excitation & Electrical Control, Turbine & Auxiliaries Control System) and Region - Global Forecast to 2028" published by MarketsandMarkets, the global Nuclear Power Plant Control System market is projected to reach USD 825 million by 2028 from an estimated USD 636 million in 2023, at a CAGR of  5.3% during the forecast period. Nuclear energy as clean energy is a more reliable way of producing electricity on a large scale. The versatile nature of nuclear energy could enable the transition to a cleaner world and a stronger global economy this is pivotal in propelling the expansion of the nuclear power plant control system market. Furthermore, The global expansion of nuclear power has heightened the adoption of nuclear power plant control systems. The amalgamation of these systems with renewable energy contributes to their increased demand, aligning with global efforts to diminish reliance on fossil fuels and minimize carbon footprints. Government support and stringent safety regulations are pivotal factors driving the growth of the nuclear power plant control system market. To incentivize the development and expansion of nuclear power plants, many governments provide financial support, subsidies, and favorable regulatory environments.

• Published: November 2023

Privileged Access Management Market worth $7.7 billion by 2028

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

• Published: November 2023

Hypersonic Flight Industry worth $1,154 million by 2030

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

• Published: November 2023

Polymeric Adsorbents Market worth $170 million by 2028

The report "Polymeric Adsorbents Market by Type (Aromatic (Crosslinked Polystyrenic Matrix), Modified Aromatic (Brominated Aromatic Matrix), Methacrylic (Methacrylic Ester Copolymer), and Phenol Formaldehyde), End-Use Industry, and Region - Global Forecast to 2028", size is projected to grow from USD 130 million in 2023 to USD 170 million by 2028, at a CAGR of 5.5% from 2023 to 2028. In the polymeric adsorbents market, significant drivers include the escalating demand for clean water treatment, advancements in the pharmaceutical sector, and a global shift towards sustainability. These factors propel market growth as these adsorbents are essential for water purification, pharmaceutical processes, and industrial applications. Conversely, higher costs and competition from alternative technologies serve as restraints, potentially limiting market expansion. Opportunities lie in diversifying applications and exploring emerging markets, while challenges encompass fluctuations in raw material prices.

• Published: November 2023

Top 10 High & Medium Voltage Products Market worth $349.7 billion by 2028

According to a research report "Top 10 High & Medium Voltage Products Market HV (Switchgear, HV Cables, Power Transformer), MV (Ring Main Unit, Recloser, MV Cables, Voltage Regulator, Surge Protection Device, Disconnect Switch), Installation Type End User - Global Forecast to 2028" published by MarketsandMarkets, the Top 10 high & medium voltage products is projected to reach USD 349.7 billion by 2028 from an estimated USD 264.1 billion in 2023, at a CAGR of 5.8% during the forecast period.

• Published: November 2023

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

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

• Published: November 2023

AdTech Market worth $1,496.2 billion by 2030

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

• Published: November 2023

Carbon Fiber Construction Repair Market worth $192 million by 2028

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

• Published: November 2023

Mobile Threat Defense Market worth $7.2 billion by 2028

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

• Published: November 2023

Train Battery Market worth $551.1 million by 2033

The report "Train Battery Market by Technology (Lead-acid Tubular, VRLA, Conventional; Ni-Cd Sinter, Fiber, Pocket, & Li-ion; LFP, LTO), Advanced Train (Battery-operated, and Hybrid), Rolling Stock Type, Application, Aftermarket, Region - Global Forecast to 2033", is projected to grow from USD 384.1 million in 2026 and to reach USD 551.1 million by 2033, at a Compound Annual Growth Rate (CAGR) of 5.3% during the forecast period.

• Published: November 2023

Spatial Computing Market worth $280.5 billion by 2028

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

• Published: November 2023

Nucleic Acid Isolation and Purification Market worth $9.66 billion by 2031

The report "Nucleic Acid Isolation and Purification Market by Product (Kits, Reagents, Instruments), Method (Column, Magnetic Beads), Type (Plasmid DNA, microRNA), Sample Type (Cellular, FFPE, CfDNA/CtDNA), Application, End User, Competition - Global Forecast to 2031" is projected to reach USD 9.66 billion by 2031 from USD 6.37 billion in 2026, at a CAGR of 8.7% during the forecast period.

• Published: November 2023

Food Diagnostics Market worth $23.5 billion by 2028

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

• Published: November 2023

Vision Transformers Market worth $1.2 billion by 2028

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

• Published: November 2023