Press Release

Post-Harvest Treatment Market worth $3.12 billion by 2028

According to a research report "Post-Harvest Treatment Market by Type (Coatings, Ethylene Blockers, Cleaners, Fungicides, Sprout Inhibitors, Sanitizers), Crop Type (Fruits, Vegetables and Flowers & Ornamentals), Origin (Natural and Synthetic) and Region - Global Forecast to 2028" published by MarketsandMarkets, the post-harvest treatment market is estimated at USD 2.01 billion in 2022 and is projected to reach USD 3.12 billion by 2028, at a CAGR of 7.6% from 2022 to 2028. Consumption of fresh produce is increasing as disposable incomes rise in many emerging nations. This is also pushing the demand for post-harvest treatments to assist guarantee that fresh fruit is safe and of high quality. Emerging markets have a high development potential in the post-harvest treatment sector. This is due to rising demand for fresh food in these markets, as well as the increased availability of post-harvest treatment technology.

• Published: July  2023

Power Management System Industry Growth News - $7.5B by 2028

According to a research report "Power Management System Market by Type (Hardware, Software, Services), Module (Power Monitoring, Load Shedding, Power Simulator, Generator Controls), End-User (Oil & Gas, Marine, Metals & Mining, Data Centers) and Region - Global Forecast to 2028" published by MarketsandMarkets, the global power management system market is projected to reach USD 7.5 billion by 2028 from an estimated USD 5.8 billion in 2023, at a CAGR of 5.4% during the forecast period.

• Published: July  2023

App Analytics Market worth $15.7 billion by 2028

According to a research report "App Analytics Market by Offering, Type (Mobile Apps and Web Apps), Application (Advertising & Marketing Analytics, App Performance & Operations Management, Conversion Tracking, User Analytics), Vertical and Region - Global Forecast to 2028" published by MarketsandMarkets, the market for app analytics is estimated to grow from USD 6.3 billion in 2023 to USD 15.7 billion by 2028, at a CAGR of 20.2% during the forecast period. App analytics play a critical role in today’s digital landscape, enabling organizations to gain valuable insights into the performance, usage, and user behavior within their mobile applications. These analytics provide businesses with actionable data that drives decision-making and enhances user experiences. By tracking key metrics such as downloads, installations, user engagement, retention rates, and revenue generation, organizations can understand the effectiveness of their app strategies and make data-driven improvements.

• Published: July  2023

Telecom Power System Industry worth $6.6 billion by 2028

The report "Telecom Power System Market by Grid Type (On-Grid, Off-Grid, Bad-Grid), Component (Rectifiers, Inverters, Controllers, Converters), Power Source, Technology, Power Rating (Below 10 KW, 10-20 KW, Above 20 KW) and Geography - Global Forecast to 2028" The global telecom power system market is projected to grow from USD 4.2 billion in 2023 to USD 6.6 billion by 2028; it is expected to grow at a CAGR of 9.4% from 2023 to 2028. The growing popularity of 5G technology, the increasing emphasis on reducing carbon emissions and utilizing renewable energy, the rise in government regulations related to telecom infrastructure, and the escalating demand for IoT and cloud computing applications are the key factors propelling the telecom power systems market. Telecom companies are actively seeking renewable power sources like solar and wind power to minimize their environmental impact. As a result, there is a rising need for telecom power systems that can seamlessly integrate with renewable energy sources.

• Published: July  2023

Functional Cosmetics Market worth $4.6 billion by 2028

The report "Functional Cosmetics Market by Functionality (Conditioning Agents, UV Filters, Anti-Ageing Agents Skin-Lightening Agents), Application (Skin Care, Hair Care), and Region(Europe, Asia Pacific, North America) - Global Forecast to 2028", size was USD 3.3 billion in 2022 and is projected to reach USD 4.6 billion by 2028, at a CAGR of 5.4%, between 2023 and 2028.

• Published: July  2023

Warehouse Robotics Industry worth $10.5 billion by 2028

The report "Warehouse Robotics Market by Type (AMR, AGV, Articulated, Cylindrical, SCARA, COBOT, Parallel, Cartesian), Payload Kg (<20, 20-100, 100-200, >200), Function (Transportation, Pick & Place, Palettizing, Packaging), Industry, Region - Global Forecast to 2028" The warehouse robotics market is expected to reach USD 10.5 billion by 2028 from USD 6.1 billion in 2023, at a CAGR of 11.4% during the 2023–2028 period. The major factor driving the market growth of the warehouse robotics is growing adoption of warehouse robotics by small- and medium-sized enterprises (SMEs) and rapid developments in robotics and artificial intelligence.

• Published: July  2023

Contact Adhesive Market worth $3.5 billion by 2028

The report "Contact Adhesive Market by Resin Type (Neoprene, Polyurethane, Acrylic, SBC), Technology (Solvent-Based, Water-Based), End-use Industry (Woodworking, Leather & Footwear, Automotive), Region (North America, Europe, APAC, MEA)- Global Forecast to 2028", size is projected to grow from USD 2.8 billion in 2023 to USD 3.5 billion by 2028, at a CAGR of 4.3%. The contact adhesives market is divided into five key regions: North America, Europe, Asia Pacific, the Middle East & Africa, and South America. In terms of demand, Asia Pacific is expected to be the market leader over the forecast period. The expansion of the housing and commercial sectors has given the contact adhesives industry a much-needed boost. Growing sectors such as leather and footwear and automotive are propelling the Asia Pacific contact adhesives market forward.

• Published: July  2023

Breast Lesion Localization Market worth $0.4 billion by 2028, with a CAGR of 6.9%

The report "Breast Lesion Localization Market By Type (Wire, Radioisotope (ROLL, RSL), Magnetic, Electromagnetic Localization), Usage (Breast Biopsy, Lumpectomy), End User (Hospitals, Diagnostic Imaging Centers, Ambulatory Surgical Centers) - Global Forecast to 2028", is expected to reach USD 0.4 billion by 2028 from USD 0.3 billion in 2023, will grow at a CAGR of 6.9% during the forecast period.

• Published: July  2023

Intraoral/IOL Scanners Market worth $1.0 billion by 2028

The report "Intraoral/IOL Scanners Market by Modality (Portable, standalone), Application (Prosthodontics, Orthodontics, Restorative), End-user (Laboratories, DSO, Hospitals, Dental Clinics, Research Institutes, and Forensic Labs) - Global Forecast to 2028" intraoral scanner market is projected to reach 1.0 billion in 2028 from USD 0.6 billion in 2023, at a CAGR of 11.0% between 2023 and 2028. Developing countries such as China, India, Mexico, Brazil, New Zealand, the Middle East, and other APAC and Latin American countries present a lucrative opportunity for players in the market. This is mostly due to their expanding middle-class population, increasing disposable incomes, and the rising demand for dental tourism.

• Published: July  2023

Marine Electric Vehicle Industry worth $29.1 Billion by 2030

The report "Marine Electric Vehicle Market by Technology (Fully electric, Hybrid), Ship Type (Commercial, Defense, UMV), Mode of Operation (Manned, Remotely Operated, Autonomous), Vessel Transport (Seafaring, Inland), Range and Region – Global Forecast to 2030" The Marine Electric Vehicle Market size is projected to grow from USD 10.1 billion in 2022 to USD 29.1 Billion by 2030, at a CAGR of 16.4 % from 2023 to 2030. The increase in electric maritime solutions is driving growth in the market.

• Published: July  2023

Photocatalytic Coatings Market worth $1.4 billion by 2028

The report "Photocatalytic Coatings Market by Type (TiO2, ZnO), Application (Self-Cleaning, Air Purification, Water Treatment, Anti-fogging), End-use (Building & Construction, Transportation) & Region(North America, Europe, APAC, SA & MEA) - Global Forecast to 2028", is projected to grow from USD 0.9 billion in 2023 to USD 1.4 billion by 2028, at a CAGR of 9.7%. Urban air pollution and global warming are one of the biggest environmental problems faced today by the society. The photocatalytic coatings de-polluting and self-cleaning properties aid to their increased demand to tackle this problem.

• Published: July  2023

Augmented Reality (AR) Shopping Industry worth $11.6 billion by 2028

The report "Augmented Reality (AR) Shopping Market by Device Type (HMD, Smart Mirror, Handheld Device), Application (Try-on Solution, Planning & Designing, Information System), Market Type (Apparel, Jewelry, Groceries), Offering and Region - Global Forecast to 2028" The augmented reality (AR) shopping market is expected to reach USD 11.6 billion by 2028 from USD 3.4 billion in 2023, at a CAGR of 28.0% from 2023 to 2028. Increasing adoption of online shopping and e-commerce platforms, growing demand for personalized shopping experience, and increasing smartphone penetration are some of the major factors contributing to the growth of AR shopping market.

• Published: July  2023

Construction Sealants Market worth $5.7 billion by 2028

The report "Construction Sealants Market by Resin Type (Silicone, Polyurethane, Polysulfide), Application (Glazing, Flooring & Joining, Sanitary & Kitchen), End-use Industry (Residential, Commercial, Industrial, Infrastructural), and Region - Global Forecast to 2028", is projected to grow from USD 4.7 billion in 2023 to USD 5.7 billion in 2028 at a CAGR of 3.6%. The growth of the global construction sealants market is primarily driven by the increasing usage of silicone, hybrid, and polyurethane sealants. Polyurethane has made significant contributions to sealant bonding technology, making several different feedstock materials available for manufacturing sealants that exhibit a broad spectrum of performance characteristics.

• Published: July  2023

Alpha Olefins Market worth $9.3 billion in 2028

The report "Alpha Olefins Market by Type, Application (Poly-olefine Comonomer, Surfactants and Intermediates, Lubricants, Fine Chemicals, Oil Field Chemicals), and Region (North America, Europe, APAC, MEA, South America) - Global Forecast to 2028", is expected to grow at a CAGR of 5.6% during the forecast period, from an estimated USD 7.1 billion in 2023 to USD 9.3 billion in 2028. The flexibility of Alpha olefins to be used in various applications is pushing the market. These Alpha olefins enable to manufacture of eco-friendly products. Alpha olefins have a wide range of applications across multiple industries. One key application is in the production of detergents and surfactants. Alpha olefins serve as key building blocks in the synthesis of various surfactants, which are essential components in cleaning products, personal care items, and industrial formulations.

• Published: July  2023

Barrier films Market worth $45.1 billion by 2028

The report "Barrier Films Market by Materials (Polyethylene (PE), Polypropylene (PP), Polyester (PET), Polyamide, Organic Coatings, Inorganic Oxide Coatings), Packaging Type (Pouches, Bags, Blister Packs), End-use, Type and Region - Global Forecast to 2028",  is approximated to be USD 34.1 billion in 2023, and it is projected to reach USD 45.1 billion by 2028 at a CAGR of 5.7%.

• Published: July  2023

Molecular Quality Controls Market worth $0.3 billion by 2028

The report "Molecular Quality Controls Market Product (Independent Control, Instrument Specific Control (PCR, DNA Sequencing), Application (Infectious Disease Diagnostics), Analyte type, End User (Hospitals, Diagnostic Lab), Region- Global Forecast to 2028", is projected to reach USD 0.3 billion by 2028 from USD 0.2 billion in 2023, at a CAGR of 6.6% during the forecast period. The growth of this market is primarily driven by growing adoption of third-party quality controls, the increasing number of accredited clinical laboratories, increasing government funding for genomic projects, and increasing prevalence of infectious diseases, cancer, and genetic diseases. However, the additional costs involved in the quality control process and budget constraints in hospitals and laboratories, are the major factors that are expected to restrain the growth of this market during the forecast period.

• Published: July  2023

RF Gallium Nitride Industry worth $2.8 billion by 2028

The report "RF Gallium Nitride Market by Device (Discrete RF Device, Integrated RF Device), wafer size, end user (Telecom Infrastructure, Satellite Communications, Military & Defense) and Region - Global Forecast to 2028" The global RF gallium nitride industry size was valued at USD 1.3 billion in 2022 and is projected to reach USD 2.8 billion by 2028; it is expected to register a CAGR of 12.9% during the forecast period.The rise in demand for RF GaN devices is attributed to the continuous emergence of technologies in the GaN ecosystem, the suitability of GaN in RF applications, and the increasing adoption of GaN RF semiconductor devices for military, defense, and aerospace applications.

• Published: July  2023

Compressor Rental Market worth $6.2 billion by 2028

The report "Compressor Rental Market by Compressor Type (Reciprocating, Rotary Screw), End-Use Industry (Construction, Mining, Oil & Gas, Power), and Region (Asia Pacific, Europe, North America, Middle East & Africa, South America) - Global Forecast to 2028", was valued at USD 4.4 billion in 2022 and is projected to reach USD 6.2 billion by 2028, at a CAGR of 5.8% between 2023 and 2028.  Compressors are in demand to meet the short-term demands of building projects during peak construction seasons or times of increased construction activity.

• Published: July  2023

Cloud Database and DBaaS Market worth $57.5 billion by 2028

According to a research report "Cloud Database and DBaaS Market by Database Type (SQL and NoSQL), Component (Solutions & Services), Deployment Mode, Organization Size, Vertical (BFSI, IT & Telecom, Manufacturing, Healthcare & Life Sciences) and Region - Global Forecast to 2028" published by MarketsandMarkets, the global Cloud Database and DBaaS market size is expected to grow from USD 21.3 billion in 2023 to USD 57.5 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 22.0% during the forecast period. The Cloud Database and DBaaS market is currently expanding, and vendors are adopting a strategic focus to attract customers. The emphasis is on providing a straightforward and elegant user experience. As more users turn to Cloud Database and DBaaS to streamline their asset creation process, software providers must respond to the demand for simple, user-friendly solutions.

• Published: July  2023

Clinical Chemistry Analyzers Market worth $20.86 billion by 2030

The report "Clinical Chemistry Analyzers Market by Product [Analyzers (Fully Automated, PoC, Semi-automated), Reagents], Test Type [Lipid Profile, Liver, Basic Metabolic Panels], End User [Hospitals & Clinics, Research, Labs], Region - Global Forecast to 2030" The clinical chemistry analyzers market is valued at an estimated USD 25.92 billion in 2025 and is projected to reach USD 20.86 billion by 2030 at a CAGR of 5.6% during the forecast period.

• Published: July  2023

Erectile Dysfunction Devices Market worth $2.7 billion by 2028

The report "Erectile Dysfunction Devices Market by Type (Vacuum Constriction Devices, Penile Implants), Source (Vascular, Neurologic disorder), End-user (Hospital, Ambulatory Surgery Center), & Region (North America, Europe, Asia) - Global Forecast to 2028", is projected to reach USD 2.7 billion by 2028 from USD 1.7 billion in 2023, at a CAGR of 8.8% during the forecast period. The growth of this market is majorly driven by growing research and development around shockwave therapy used for erectile dysfunction treatment and the rise in the geriatric population, which are more prevalent in prostate cancers.

• Published: July  2023

Thermoplastic Tapes Market worth $4.4 billion by 2028

The report "Thermoplastic Tapes Market by Fiber Type (Glass, Carbon), Resin Type (PAEK, PA, PPS, PP), Application (Aerospace & Defense, Automotive & Transportation, Oil & Gas, Sporting Goods, Medical & Healthcare), and Region - Global Forecasts to 2028", is estimated at USD 2.7 billion in 2023 and is projected to reach USD 4.4 billion by 2028, at a CAGR of 10.5% from 2023 to 2028. Factors such as the superior properties of thermoplastic tapes like corrosion resistance, lightweight and high strength, durability, and improved performance are positively driving the growth of the thermoplastic tapes Market. Thermoplastic composite materials are 50-70% lighter than steel and 25-30% lighter than aluminum. Increment in consumption of thermoplastic tapes is expected to increase owing to changing consumption patterns i.e. from heavy to lightweight composite, fuel efficiency, and cost-effectiveness. Further, the continuous innovation, new product development, and processing applications to create more promising opportunities in aerospace & defense, automotive & transportation, and other industries will bolster demand for the thermoplastic tapes market.

• Published: July  2023

Glycated Albumin Assay Market worth $0.3 billion by 2028

The report "Glycated Albumin Assay Market by Application (Prediabetes, Type 1 Diabetes, Type 2 Diabetes), End User (Hospitals & Diabetic Care Center, Diagnostic Laboratory) & Region (North America, Europe, APAC, Latin America, & MENA) - Global Forecast to 2028", is projected to reach USD 0.3 billion by 2028 from USD 0.2 million in 2023, at a CAGR of 8.9%.

• Published: July  2023

Underwater Concrete Market worth $175.8 billion by 2028

The report "Underwater Concrete Market by Raw material (Concrete, Precast Concrete), Application (Dams & Reservoirs, Marine Constructions, Underwater repairs, Offshore Wind Power Generation, Tunnel), Laying Techniques, and Region - Global Forecast to 2028", size is estimated to be USD 135.7 billion in 2023, and it is projected to reach USD 175.8 billion by 2028 at a CAGR of 5.3%.

• Published: July  2023

Laboratory Information System (LIS) Market worth $4.0 billion by 2028

The report "Laboratory Information System (LIS) Market by Product (Standalone, Integrated), Component (Services, Software), Delivery Mode (On-premise & Cloud-based), End User (Hospital Laboratories, Independent Laboratories, POLs) and Region - Global Forecast to 2028", is projected to reach USD 4.0 billion by 2028, from USD 2.4 billion in 2023, at a CAGR of 10.8% from 2023 to 2028. Factors such as the need for laboratory automation, the development of integrated LIS, and growing investments in the adoption of EHR systems and subsequent integration with LIS primarily drive the growth of this market. Furthermore, the rising emergence of AI and advanced analytics, growing demand for LIS in biobanks and biorepositories, and rising demand for personalized medicine would provide lucrative opportunities to solution providers. AI-powered algorithms can automate routine tasks in the laboratory, such as sample handling, data entry, and result validation. AI can analyze images from laboratory tests, such as histopathology slides or radiology scans, to aid in the diagnosis and detection of abnormalities. Machine learning algorithms can learn from large datasets and provide accurate interpretations, assisting pathologists and radiologists in their evaluations. This reduces manual errors, improves turnaround times, and frees up laboratory staff for more complex tasks.

• Published: July  2023

Cell Analysis Market worth $33.9 billion by 2028

The report "Cell Analysis Market by Product & Service (Consumables, Instruments), Technique (Flow Cytometry, PCR, Microscopy), Process (Counting, Viability, Proliferation, Interaction, Single-cell Analysis), End User (Pharma, Biotech) - Global Forecast to 2028", is projected to reach USD 33.9 billion by 2028 from USD 20.2 billion in 2023, at a CAGR of 10.9% during the forecast period.

• Published: July  2023

Hot & Cold Systems Market worth $27.0 billion by 2028

The report "Hot & Cold Systems Market by Raw Material (Plastic, Metallic, Metalized Plastic), Application (Water Plumbing Pipes, Radiator Connection Pipes, Underfloor Surface Heating & Cooling), Components, End-Users, And Region - Global Forecast to 2028", is projected to reach USD 27.0 billion by 2028, at a CAGR of 6.3% from USD 19.9 billion in 2023.

• Published: July  2023

Microcatheters Market worth $1,142 million by 2028

The report "Microcatheters Market by Type (Delivery, Diagnostic, Aspiration, Steerable), Design (Single, Dual), Application (Cardiovascular, Neurovascular, Peripheral Vascular, Oncology), End-User (Hospitals, Ambulatory Surgical Centers) - Global Forecasts to 2028", is projected to reach USD 1,142 million by 2028 from USD 874 million in 2023, growing at a CAGR of 5.5% during the forecast period. Advanced healthcare infrastructure, increasing prevalence of chronic diseases, favorable reimbursement policies, technological advancements and research activities, well-established regulatory framework, increasing awareness and adoption of minimally invasive procedures, and presence of key market in developing regions players. The combination of these factors has propelled the growth of the microcatheter market. With ongoing advancements in technology, increased focus on minimally invasive procedures, and a favorable healthcare ecosystem, the market is expected to continue its growth trajectory. However, competition from alternative technologies or treatment modalities, such as drug-eluting stents, drug-coated balloons, or surgical procedure limits the market growth.

• Published: July  2023

Sintered Steel Market worth $29.5 billion by 2028

The report "Sintered Steel Market by Type (Stainless Steel, Carbon Steel, Alloy Steel, Tool Steel), Process (Metal Injection Moulding, Additive Manufacturing, Conventional Manufacturing), End-Use, Application, & Region - Global Forecast 2028", size is estimated to be USD 24.4 billion in 2023 and is projected to reach USD 29.5 billion by 2028, at a CAGR of 3.9% between 2023 and 2028.

• Published: July  2023

Amniotic Products Market worth $1,289 million by 2028

The report "Amniotic Products Market by Type (Cryopreserved Amniotic Membranes, Dehydrated Amniotic Membranes), Application (Wound Care, Ophthalmology, Orthopedics), End User (Hospital & Ambulatory Surgical Centers) - Global Forecast to 2028", is projected to reach USD 1,289 million by 2028 from USD 900 million in 2023, at a CAGR of 7.4% during the forecast period.

• Published: July  2023

Application Programming Interface (API) Security Market worth $3,034 million by 2028

According to a research report "Application Programming Interface (API) Security Market by Offering (Platforms & Solutions and Services), Deployment Mode (On-Premises, Hybrid, and Cloud), Organization Size (SMEs and Large Enterprises), Vertical and Region - Global Forecast to 2028" published by MarketsandMarkets, the global API security market size is projected to grow from USD 744 million in 2023 to USD 3,034 million by 2028 at a Compound Annual Growth Rate (CAGR) of 32.5% during the forecast period. The expansion of the API security market is propelled by a significant increase in breaches concerning APIs, rendering them a primary focus for hackers. The rise in applications and the vital role of API security in protecting both applications and integrations have further contributed to this surge. As a result, the demand for robust API security measures has increased, driving the growth of the API security market.

• Published: July  2023

Cordierite Market worth $3.2 billion by 2028

The report "Cordierite Market by Type (Sintered, Porous), Application (Automotive Parts, Deodorization, Deoxidation Smoke Extraction, Ceramic Kiln, Infrared Radiator, Electrical Insulators, Welding Strip Rings), And Region - Global Forecast to 2028", is projected to reach USD 3.2 billion by 2028, at a CAGR of 5.1% from USD 2.5 billion in 2023. The major drivers for the cordierite market are growing automotive industry, increasing demand for lightweight materials. The high manufacturing costs, competition from substitute materials, and limited heat resistance are the major restraint in this market. Opportunities for the market include technological advancements in ceramic manufacturing processes and expansion of energy sector.

• Published: July  2023

Blockchain Interoperability Market worth $1.0 billion by 2028

According to a research report "Blockchain Interoperability Market by Solution (Cross-chain Bridging, Cross-chain APIs, Federated or Consortium Interoperability), Application (dApps, Digital Assets/NFTs, Cross-chain Trading & Exchange), Vertical and Region - Global Forecast to 2028" published by MarketsandMarkets, the global blockchain interoperability market size is projected to grow from USD 0.3 billion in 2023 to USD 1.0 billion by 2028 at a CAGR of 27.2% during the forecast period. The growth of the blockchain interoperability market is driven by the demand for smooth communication and asset transfer among various blockchain networks, the increasing adoption of dApps, and the emergence of diverse blockchain ecosystems, creating a need for interoperability, enabling collaboration and access to a broader range of resources. Furthermore, regulatory compliance requirements and the desire for standardized frameworks contribute to the market’s expansion. 

• Published: July  2023

Primary Cells Industry worth $2.8 billion by 2028, with a CAGR of 10.5%

The report "Primary Cells Market by Type (Hematopoietic, Dermatocytes, Hepatocytes, Gastrointestinal, Lung, Renal, Heart, Musculoskeletal), Origin (Human Primary Cells, Animal Primary Cells), End User (Pharma Biotech, CROs, Academia), Region- Global Forecast to 2028", is projected to reach USD 2.8 billion by 2028 from USD 1.7 billion in 2023, at a CAGR of 10.5% during the forecast period. The growth of this market can be attributed to factors such as the is government investments for cell-based research, rising growth in pharmaceutical & biotechnology industries, increasing cancer research, increasing demand for monoclonal antibodies, increasing demand for personalized medicine, and growing advantages of primary human cells over cell lines.

• Published: July  2023

Parcel Sortation System Industry worth $2.8 billion by 2028

The report "Parcel Sortation System Market by Type (Activated Roller Belt Sorters, Pop Up Sorters, Shoe Sorters, Cross Belt Sorters, Tilt Tray Sorters), Offering (Hardware, Software, Services), Application (Logistics, E-commerce) - Global Forecast to 2028" The parcel sortation system industry size is expected to reach USD 2.8 billion by 2028 from USD 2.0 billion in 2023, at a CAGR of 7.0 % during the 2023–2028 period. The significant growth factors associated with the parcel sortation system industry is the thriving e-commerce industry and the growing adoption of parcel sortation system in the industry. Additionally, labor cost inflation and an increase in industrial automation is driving the need of a parcel sortation system industry. Furthermore, advancements in parcel sortation technologies using AI and ML, cost reduction, and favorable government policies and incentives are also contributing to the market's growth

• Published: July  2023

Composite Repair Market worth $34.2 billion by 2028

The report "Composite Repair Market by Type (Structural, Semi-Structural, Cosmetic), Process (Hand Lay-Up, Vacuum Infusion, Autoclave), End-Use Industry (Aerospace & Defense, Wind Energy, Automotive & Transportation, Marine), and Region - Global Forecast to 2028", is estimated at USD 18.6 billion in 2023 and is projected to reach USD 34.2 billion by 2028, at a CAGR of 13.0% from 2023 to 2028. The increasing use of composite repair in the aerospace & defense industry is one of the most significant factors projected to drive the growth of the composite repair market.

• Published: July  2023

Seeds Market worth $83.3 billion by 2028

According to a research report "Seeds Market by Type (Genetically Modified, Conventional), Trait (Herbicide Tolerance, Insect Resistance), Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables), Treatment (Treated and Un-treated) and Region - Global Forecast to 2028" published by MarketsandMarkets, the seeds market is estimated at USD 58.8 billion in 2023 and is projected to reach USD 83.3 billion by 2028, at a CAGR of 7.2% from 2023 to 2028. As customers demand organic and pesticide-free food, the organic agricultural business has grown significantly. Organic farming primarily relies on certified organic seeds, increasing demand for organic seeds and contributing to the expansion of the seeds industry. The move to renewable energy sources has resulted in an increase in biofuel production. Feedstock for biofuel production includes crops such as maize, soybeans, and canola. As a result, the demand for seeds ideal for biofuel crops has surged, propelling the seeds industry forward, is further fueling the growth of the market.

• Published: July  2023

Paper Straw Market worth $11.5 billion by 2028

The report "Paper Straw Market by Type (Flexible, Non-flexible), Material Type (Virgin paper, Recycled paper), Product Type (Printed, Non-printed), Straw Length, Straw Diameter, End-use Application (Foodservice, , Household), and Region - Global Forecast to 2028", is projected to grow from USD 4.9 billion in 2023 to USD 11.5 billion by 2028, recording a CAGR of 18.9% during the forecast period . The global paper straw market is anticipated to experience significant growth due to several factors. Firstly, there is a growing demand for sustainable, single-use disposable products and solutions in various industries such as foodservice, institutional, and household sectors. This demand is driven by the increasing awareness and concern about the environmental impact of plastic straws. As governments implement reforms and campaigns to ban or restrict the use of plastics, the demand for alternative options like paper straws is expected to rise. Additionally, consumer adoption and demand for sustainable and environment-friendly straws are contributing to the market's growth. Consumers are increasingly conscious of their ecological footprint and are actively seeking out eco-friendly alternatives. Paper straws, being biodegradable and compostable, offer a more sustainable option compared to plastic straws. The rising popularity of sustainable practices and the willingness of consumers to make environmentally responsible choices are propelling the demand for paper straws, thereby driving market growth.

• Published: July  2023

Micro Battery Industry worth $1.3 billion by 2028

The report "Micro Battery Market by Type (Thin Film, Printed, Solid-state Chip, Button), Capacity (Below 10 mAh, 10 to 100 mAh, Above 100 mAh), Battery Type (Primary, Secondary), Application (Smart cards, Wireless Sensors) and Region - Global Forecast to 2028" The global micro battery industry size is expected to grow from USD 0.5 billion in 2023 to USD 1.3 billion by 2028, at a CAGR of 22.4% from 2023 to 2028.

Medical IoT devices are gaining popularity in developing countries like China and India due to the growing need for better healthcare infrastructure and services. Batteries must be ultra-thin in size to complement the design of these medical devices. Due to their ultra-thin and flexible design, micro batteries can be the best option for medical devices. Integrating thin-film and printed power sources also enables medical device manufacturers to modify the structure of the devices and enhance their efficiency. Thus, the need for batteries with these parameters is increasing rapidly.

• Published: July  2023

CT/NG Testing Market worth $2.7 billion by 2028

The report "CT/NG Testing Market by Product (Assays, Kits & Analyzers), Test Type (Laboratory, Point-of-care Testing), Technology (INAAT, PCR, Immunodiagnostics), End User (Diagnostic Labs, Hospitals & Clinics) & Region - Global Forecast to 2028", is projected to reach USD 2.7 billion by 2028 from USD 1.7 billion in 2023, at a CAGR of 8.6% during the forecast period. Factors such as the increasing prevalence of CT/NG infections, increasing investments and funds in CT/NG and growing awareness for diseases diagnosis are driving the growth of this market. However, operational barriers and the high cost of CT/NG testing instruments is likely to hamper the growth of CT/NG testing market.

• Published: July  2023

World Defense Budget Analysis Industry worth $2,546.9 billion by 2028

The report "World Defense Budget Analysis by Allocation Type (Military Expense and Admin Expense), Departmental Allocation, Platform Allocation, System Allocation, Domain Allocation, Technology Allocation and Sales Allocation and Region - Global Forecast to 2028" The global market for world defense budget analysis is estimated to be USD 2,004.7 billion in 2023 and expected to reach USD 2,546.9 billion by 2028 at a CAGR of 4.9% from 2023 to 2028. Various regions across the globe face unique security challenges, such as territorial disputes, regional rivalries, and cross-border conflicts. Countries allocate substantial defense budgets to address these concerns and ensure regional stability.

• Published: July  2023

Passenger Car Seat Market worth $46.1 billion by 2030

According to a research report "Passenger Car Seat Market by Type & Technology (Powered, Heated, Ventilated, Memory, Massage), Trim Material (Genuine, Synthetic, Fabric, Foam), Component (Armrest, Belt, Headrest, Height Adjuster, Recliner), EV (BEV, PHEV, FCEV) - Global Forecast to 2030" published by MarketsandMarkets, the passenger car seat market is estimated to grow from USD 42.5 billion in 2023 to USD 46.1 billion by 2030 at a CAGR of 1.1% over the forecast period. 

• Published: July  2023

Membrane Contactor Market worth $394 million by 2028

The report "Membrane Contactor Market by Function (Hydrophobic, Hydrophilic), Type (Polypropylene, Polytetrafluoroethylene), Application (Food Processing, Pharmaceutical Processing, Water & Wastewater Treatment), and Region - Global Forecast to 2028", is projected to grow from USD 290 million in 2023 to USD 394 million by 2028, at a CAGR of 6.3% from 2023 to 2028. Membrane contactors offer a significant interfacial area between two phases, enabling effective mass transfer of gases, volatile substances, or solutes. The membrane's selective permeability allows for the targeted separation or transfer of particular components, improving process effectiveness and product quality.

• Published: July  2023

Beneficial Insects Market worth $1,630 million by 2028

According to a research report "Beneficial Insects Market by Application (Crop protection, Crop production), Type (Predators, Parasitoids, Pathogens, and Pollinators), Crop Type (Fruits & Vegetables, Flowers & Ornamentals, and Grains & Pulses) and Region - Global Forecast to 2028" published by MarketsandMarkets, the beneficial insects market is projected to reach USD 1,630 million by 2028 from USD 877 million in 2023, at a CAGR of 13.2% during the forecast period in terms of value. The market for beneficial insects is experiencing growth due to increasing demand for chemical-free farming and organic farming which has led to a surge in beneficial insects.

• Published: July  2023

Lutein Market worth $488 million by 2028

According to a research report "Lutein Market by Form (Powder & Crystalline, Oil Suspension, Beadlet, Emulsion), Source (Synthetic, Natural), Application (Dietary Supplements, Animal Feed, Food, Beverages,), Production Process and Region - Global Forecast to 2028" published by MarketsandMarkets, the global lutein market was valued at USD 371 million in 2023 and is projected to reach USD 488 million by 2028, at a CAGR of 5.6% during the forecast period. The market for lutein is driven by both the pharmaceutical and nutraceutical industries. In the pharmaceutical sector, lutein is used in the production of eye health supplements and medications. In the nutraceutical sector, lutein is included in various dietary supplements and functional foods that promote eye health. The nutraceutical industry refers to the sector that focuses on producing foods, beverages, and dietary supplements that provide health benefits beyond basic nutrition. Lutein is commonly included in nutraceutical products intended to support health. Lutein is added to various functional foods, such as cereals, bars, dairy products, and beverages, to enhance their nutritional value and promote eye health. These products are designed to be consumed as part of a regular diet and offer a convenient way to increase lutein intake. The nutraceutical industry leverages the growing consumer interest in preventive healthcare and the increasing awareness of the importance of eye health. Many consumers seek natural alternatives to support their well-being, and lutein has gained popularity as a safe and effective nutrient for maintaining healthy vision.

• Published: July  2023

Photoresist & Photoresist Ancillaries Market worth $5.3 billion by 2028

The report "Photoresist & Photoresist Ancillaries Market by Photoresist Type (ArF Immersion, ArF Dry Film, KrF, G-line & I-line), Ancillary Type (Anti-reflective Coating, Remover, Developer), Application (Semiconductor & IC, LCD, ), Region - Global Forecast to 2028", is approximated to be USD 4.1 billion in 2023, and it is projected to reach USD 5.3 billion by 2028, at a CAGR of 5.1%. 

• Published: July  2023

Sales Performance Management Market worth $4.4 billion by 2028

According to a research report "Sales Performance Management Market by Component (Solutions (Incentive Compensation Management, Territory Management), Services), Organization Size, Deployment Mode, Vertical (BFSI, Telecommunications, & Manufacturing) and Region - Global Forecast to 2028" published by MarketsandMarkets, the Sales Performance Management market size is expected to grow from USD 2.3 billion in 2023 to USD 4.4 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 13.6% during the forecast period. The rising demand for metric-driven sales tools has driven market growth.

• Published: July  2023

Thin Film and Printed Battery Industry worth $650 million by 2028

The report "Thin Film and Printed Battery Market by Type (Thin Film, Printed), Voltage (Below 1.5 V, 1.5 to 3 V, Above 3 V), Capacity (Below 10 mAh, 10 to 100 mAh, Above 100 mAh), Battery Type (Primary, Secondary), Application, Region - Global Forecast to 2028" The global thin film and printed battery industry size is expected to grow from USD 187 million in 2023 to USD 650 million by 2028, at a CAGR of 28.2% from 2023 to 2028. The miniaturization of electronic devices in various industries has increased the demand for thin film and printed batteries. These batteries are also more cost-effective than conventional batteries. Smart cards, medical devices, consumer electronics, wireless sensors, and medical devices are some of the emerging applications of thin film and printed batteries.

• Published: July  2023

Naval Communication Industry worth $4.3 billion by 2028

The report "Naval Communication Industry by Platform (Ships, Submarines, Unmanned Systems), System Technology (Naval Satcom Systems, Naval Radio Systems, Naval Security Systems and Communication Management Systems), Application and Region - Global Forecast to 2028" The global market for naval communication industry is estimated to be USD 3.3 billion in 2023 and expected to reach USD 4.3 billion by 2028 at a CAGR of 5.3% from 2023 to 2028. One major driver of the naval communication market is the increasing focus on maritime security and the need for advanced communication capabilities to support naval operations.

• Published: July  2023

In-Circuit Test Market worth $1.4 billion by 2028

According to a research report "In-Circuit Test Market by Type (Analog, Mixed), Portability (Compact, Benchtop), Application (Consumer Electronics, Aerospace, Defence & Government Services, Medical Equipment, Wireless Communication, Automotive, Energy), Region - Global Forecast to 2028" published by MarketsandMarkets, the in-circuit test market is projected to reach USD 1.4 billion by 2028 from an estimated USD 1.2 billion in 2023, at a CAGR of 3.6% during the forecast period.  

• Published: June  2023