Press Release

Autonomous Navigation Industry worth $12.9 billion by 2028

The report "Autonomous Navigation Market by Solution (Hardware, and Software), Platform (Airborne (Autonomous Aircraft, Autonomous Drones), Land, Marine, Space, Weapons), Application (Commercial, Military & Government), Region – Global Forecast to 2028" Autonomous navigation is estimated to be USD 6.0 billion in 2023 and is projected to reach USD 12.9 billion by 2028, at a CAGR of 16.4% during the forecast period. The rising adoption of autonomous robots for logistic operations and Growing efforts aimed at advancing autonomous systems are driving the growth of the autonomous navigation market.

• Published: June  2023

Compound Feed Market worth $668.3 billion by 2028

According to a research report "Compound Feed Market by Ingredients (Cereals, Cakes & Meals, By-Products, and Supplements), Form (Mash, Pellets, Crumbles), Livestock (Ruminants, Poultry, Swine, and Aquaculture), Source (Plant-Based and Animal-Based), and Region - Global Forecast to 2028" published by MarketsandMarkets, the compound feed market is estimated at USD 541.2 billion in 2023 and is projected to reach USD 668.3 billion by 2028, at a CAGR of 4.3% from 2023 to 2028. The world's population is steadily increasing, which leads to higher demand for food, including meat, dairy, and poultry products. Compound feed is an efficient way to provide essential nutrients to livestock and improve their growth and productivity. As standards of living improve in many developing countries, there is an increase in meat consumption. Livestock, such as poultry, pigs, and cattle, require compound feed for their optimal growth and production. This surge in meat consumption has led to a greater demand for compound feed. Compound feed is designed to optimize nutrient utilization and improve feed conversion efficiency in livestock. It allows for precise control of nutrient composition, ensuring that animals receive the necessary nutrients for their growth and development.

• Published: June  2023

Decanters Centrifuges Market worth $2.3 billion by 2028

The report "Decanters Centrifuges Market by Type (Two-Phase Centrifuge, Three-Phase Centrifuge), Application (Chemical, Oil & Gas, Energy, Petrochemical, Pharmaceutical, Wastewater Treatment, Food & Beverage), Design Type, & Region - Global Forecast 2028", is expected to grow at a CAGR of 4.8% during the forecast period, from an estimated USD 1.9 billion in 2023 to USD 2.3 billion by 2028. Demand for high-Quality Olive Oil, expansion of the food and beverage industry, Increasing Demand for pharmaceutical Separation, Expansion of Renewable Energy Sources, Advancements in automation and Digitalization, and Growing demand for Water and wastewater treatment, provide growth opportunities for Decanters Centrifuges Market.

• Published: June  2023

Artillery Systems Industry worth $16.0 billion by 2028

The report "Artillery Systems Industry by Type (Howitzers, Rocket Launchers, Mortars, Anti-air weapons, Artillery), Range(Short-range, Medium-range, Long-range), Subsystem and Region (North America, Europe, Asia Pacific, ROW) - Global Forecast to 2028" The Artillery Systems Industry is estimated to be USD 11.8 billion in 2023 and is projected to reach USD 16.0 billion by 2028, at a CAGR of 6.2 % during the forecast period. The artillery systems industry is experiencing a notable increase for several reasons. Firstly, technological advancements have significantly improved the capabilities of artillery systems. Modern artillery platforms now possess enhanced range, accuracy, and firepower, thanks to innovations in targeting systems, ammunition, and propulsion technologies. These advancements make artillery systems more effective and reliable, attracting increased demand from military forces seeking to upgrade their capabilities.

• Published: June  2023

Virtualized Evolved Packet Core (vEPC) Market worth $19.9 billion by 2028

According to a research report "Virtualized Evolved Packet Core (vEPC) Market by Offering (Solutions and Services (Professional and Managed)), Deployment Model (Cloud, On-premises), Network Typ (4G and 5G), End User (Telecom Operators, Enterprises) and Region - Global Forecast to 2028" published by MarketsandMarkets, the global vEPC market is expected to be worth USD 8.4 billion in 2023 and 19.9 billion by 2028, growing at a CAGR of 18.7% during the forecast period. The need for cost-effective and efficient network management solutions accelerates the growth of the vEPC market.

• Published: June  2023

Air Separation Plant Market worth $6.8 billion by 2028

The report "Air Separation Plant Market by Process (Cryogenic, Non-cryogenic), Gas (Nitrogen, Oxygen, Argon), End-Use Industry (Iron & Steel, Oil & Gas, Chemical, Healthcare), and Region (North America, APAC, Europe, RoW) - Global Forecast to 2028", is expected to grow from USD 5.4 billion in 2023 to USD 6.8 billion by 2028, at a CAGR of 4.6%. Due to rapid urbanization and infrastructural development worldwide, emerging economies need a consistent supply of industrial gases for manufacturing, building, and healthcare facilities. Air separation plants are essential for breaking down air into its three main constituents, oxygen, nitrogen, and argon, which are used in a variety of industrial operations. To meet the expanding industrial and infrastructure needs, there is an increase in the demand for air separation plants.

• Published: June  2023

Breast Imaging Market worth $6.6 billion by 2028

The report "Breast Imaging Market by Technology (Ionizing, Non-ionizing), Product (Breast Imaging Systems, Software and Services, Accessories), End User (Hospitals and Clinics, Diagnostic Imaging Centers, Breast Care Centers) - Global Forecasts to 2028", is projected to reach USD 6.6 billion by 2028 from USD 4.4 billion in 2023, at a CAGR of 8.5% from 2023 to 2028. The major factors driving the growth of this market include rising awareness campaigns, increasing public-private investments, and lucrative opportunities in emerging markets.

• Published: June  2023

Organic Electronics Industry worth $142.1 billion by 2028

The report "Organic Electronics Market by Material (Semiconductor, Conductive, Dielectric, Substrate), Application (Display, Lighting, Solar Cells), End User (Consumer Electronics, Automotive, Healthcare) and Region - Global Forecast to 2028" The organic electronics market is projected to grow from USD 59.9 billion in 2023 to USD 142.1 billion by 2028, registering a CAGR of 18.9% during the forecast period. The growth of the organic electronics market is driven by various factors, including technological advancements, rising demand for flexible and lightweight devices, increasing adoption of OLED display panels, emerging end user such as automobile and healthcare, and cost-effectiveness. These factors collectively contribute to the expanding market opportunities for organic electronic devices, fostering innovation and driving the adoption of this technology in diverse industries.

• Published: June  2023

Automotive Silicone Market worth $3.4 billion by 2028

The report "Automotive Silicone Market by Type (Elastomers, Resins, Gels, Fluids), Application (Interior & Exterior, Engines, Electrical, Tires) and Region (North America, Europe, Asia Pacific, Middle East & Africa, South America) - Global Forecast to 2028", is projected to reach USD 3.4 billion by 2028, at a CAGR of 7.3% from USD 2.4 billion  in 2023.

• Published: June  2023

From 2022 to 2027, the China Probiotics Market will expand at a CAGR of 8.8%.

According to a research report "China Probiotics Market by Ingredient (Bacteria and Yeast), Product Type (Functional Food & Beverages, Dietary Supplements, and Feed), End User (Human and Animal), Distribution Channel, and Region - Global Forecast to 2027", published by MarketsandMarkets, China Probiotics Market to Grow at a CAGR 8.8% from 2022 to 2027.

• Published: June  2023

Japan Probiotics Market to Grow at a CAGR 5.8% from 2022 to 2027.

According to a research report "Japan Probiotics Market by Ingredient (Bacteria and Yeast), Product Type (Functional Food & Beverages, Dietary Supplements, and Feed), End User (Human and Animal), Distribution Channel, and Region - Global Forecast to 2027", published by MarketsandMarkets, Japan Probiotics Market to Grow at a CAGR 5.8% from 2022 to 2027.

• Published: June  2023

Authentication and Brand Protection Industry worth $4.3 billion by 2028

According to a research report "Authentication and Brand Protection Market by Technology (Overt, Covert, Digital, Forensic), Offering (Security Labels, Holograms, RFID/NFC, Barcodes, QR Codes), Authentication Mode (Smartphone, Blockchain), Application, Region - Global Forecast to 2028" published by MarketsandMarkets, The authentication and brand protection industry is expected to reach USD 4.3 billion by 2028 from USD 2.9 billion in 2023, at a CAGR of 8.3 % during 2023-2028. The major factors driving the market growth of the authentication and brand protection industry include increasing prevalence of counterfeiting and intellectual property infringement across various applications, including electronics, pharmaceuticals,apparel and luxury goods.The adoption of blockchain technology for brand protection is increasing due to its decentralized, transparent, and immutable ledger capabilities.

• Published: June  2023

Agriculture Analytics Market worth $2.5 billion by 2028

According to a research report "Agriculture Analytics Market by Offering (Solution and Services), Agriculture Type (Precision Farming, Livestock Farming, Vertical Farming), Technology (Remote Sensing, GIS, Robotics, Automation), Farm Size, End Users and Region - Global Forecast to 2028" published by MarketsandMarkets, the global Agriculture Analytics Market size is expected to grow from USD 1.4 billion in 2023 to USD 2.5 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 13.1%.

• Published: June  2023

ATP Assays Industry Worth $0.5 billion by 2028, with a CAGR of 7.8%

The report "ATP Assays Market by Product (Consumables (Reagents, Microplate), Instruments (Luminometer, Spectrophotometer)), Application (Contamination, Disease Testing, Drug Discovery), End User (Hospitals, Pharmaceuticals, F&B, Academics) - Global Forecast to 2028", is projected to reach USD 0.5 billion by 2028 from USD 0.3 billion in 2023, at a CAGR of 7.8% during the forecast period. The ATP Assays market is mainly driven by factors such as growing drug discovery & development studies, growing penetration of CROs, increasing demand for cell-based assays in research, growing investments by pharmaceutical and biotechnology companies are some of the key factors driving the market for ATP assays.

• Published: June  2023

IIoT Platform Market worth $29.40 billion by 2032

The report "IIoT Platform Market By Platform (Device Management, Application Enablement, Connectivity Management), Application Area (Predictive Maintenance, Process Optimization, Automation Control) - Global Forecast to 2032" is expected to account for USD 12.55 billion in 2026 and reach USD 29.40 billion by 2032, at a CAGR of 12.8% during 2026–2032.

• Published: June  2023

US Probiotics Market to Grow at a CAGR 8.0% from 2022 to 2027

According to a research report "US Probiotics Market by Ingredient (Bacteria and Yeast), Product Type (Functional Food & Beverages, Dietary Supplements, and Feed), End User (Human and Animal), Distribution Channel, and Region - Global Forecast to 2027", published by MarketsandMarkets, US Probiotics Market to Grow at a CAGR 8.0% from 2022 to 2027.

• Published: June  2023

Space Militarization Industry worth $88.6 billion by 2030

The report "Space Militarization Market by Capability (Defense, Support), Solution (Space-based Equipment, Ground-based Equipment, Logistics & Services) and Region (North America, Asia Pacific, Europe, Rest of the World) - Global Forecast to 2030", published by MarketsandMarkets, The Space Militarization market is estimated at USD 53.7 billion in 2023 and is projected to reach USD 88.6 billion by 2030, at a CAGR of 7.4 % from 2023 to 2030. The growth can be attributed to the increasing geopolitical tensions and competition among nations.

• Published: June  2023

Packaging Adhesives Market worth $18.6 billion by 2028

The report "Packaging Adhesives Market by Resin Type (Polyurethane, Acrylics, PVA), Technology (Solvent-based, Water-Based, Hot-Melt), Application (Case & Carton, Corrugated Packaging, Labeling, Flexible Packaging, Folding Cartons), and Region - Global Forecast to 2028", exhibits high growth potential and is projected to reach a market size of USD 18.6 billion by 2028 from USD 15.3 billion in 2022, at a CAGR of 3.2%. One of the largest markets for packaging adhesives worldwide is the North America. The market has been growing as a result of increased packaged products consumption, e-commerce expansion, expanded manufacturing, and the demand for creative and environmentally friendly packaging solutions.

• Published: June  2023

High Voltage Cables and Accessories Market worth $52.5 billion by 2028

According to a research report "High Voltage Cables and Accessories Market by Product Type (Cables (XLPE, EPR, HEPR, MI), Accessories (Joints, Termination, Fittings & Fixtures), Conductor Type (Aluminum, Copper), Installation, Voltage, End User & Region - Global Forecast to 2028" published by MarketsandMarkets, the high voltage cables and accessories market is projected to reach USD 52.5 billion by 2028 from an estimated USD 40.0 billion in 2023, at a CAGR of 5.6% during the forecast period.

• Published: June  2023

Agricultural Textiles Market worth $20.2 billion by 2028

The report "Agricultural Textiles Market by Fiber Material (Nylon, Polyester, PE, PP, Natural Fiber), Fabric Formation Technology (Woven, Knitted, Nonwoven), Product type (Shade Nets, Mulch Mats), Application and Region - Global Forecast to 2028", is projected to grow from USD 15.9 billion in 2023 to USD 20.2 billion in 2028, at a CAGR of 4.8%. the agricultural textiles market is driven by the increasing demand for greenhouse-cultivated crops, such as bell pepper, cucumber, and broccoli.

• Published: June  2023

IVD Contract Manufacturing Market worth $26.7 billion by 2028

The report "IVD Contract Manufacturing Market by Device Type (Consumables, Equipment), Technology (Immunoassay, Clinical Chemistry, Molecular Diagnostics, Microbiology, Hematology, Coagulation), Service (Manufacturing, Assay Development) - Global Forecast to 2028", is projected to reach USD 26.7 billion by 2028 from USD 15.4 billion in 2023, at a CAGR of 11.5% during the forecast period. Growth in this market can primarily be attributed to the adoption of new technology to develop efficient products by IVD contract manufacturers, and the increased need to outsource manufacturing to CMOs by large manufacturers to reduce the manufacturing burden and focus on the development of newer technology. The surge in the requirement for IVD testing kits post Covid 19 pandemic, for RT-PCR tests, glucose testing, hematology testing, and other types of testing, also influenced the market growth.

• Published: June  2023

Dark Fiber Industry worth $11.9 billion by 2028

The report "Dark Fiber Market by Single-mode Fiber, Multimode Fiber (Step-index, Graded-Index), Network Type (Metro, Long Haul), Material (Glass, Plastic), End User (Telecommunication, BFSI, Aerospace, Oil & Gas, Healthcare) & Region - Global Forecast to 2028" The dark fiber market is projected to grow from USD 6.6  billion in 2023 to reach USD 11.9 billion by 2028; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 12.5% from 2023 to 2028. The growth of the dark fiber market is driven by rising demand for 5G network, increasing demand for internet bandwidth, growing demand for reliable and secure network are the major factors driving growth of the dark fiber market.

• Published: June  2023

Water-based Heating & Cooling Systems Industry worth $55.2 billion by 2028

The report "Water-based Heating & Cooling Systems Market by Heating (Heat Pump, Convector Heater, Radiator, Boiler), Cooling (Chiller, AHU, Cooling Tower, Tank), Cooling Type (Direct, Indirect), Implementation Type, Vertical & Region - Global Forecast to 2028" The global water-based heating & cooling systems market is expected to be valued at USD 37.7 billion in 2023 and is projected to reach USD 55.2 billion by 2028; it is expected to grow at a CAGR of 7.9% from 2023 to 2028. The global demand for energy is growing rapidly, and this is putting a strain on the environment. Water-based heating and cooling systems are a more sustainable option than traditional systems, as they produce fewer emissions. This is driving demand for water-based systems, as businesses and homeowners look for ways to reduce their environmental impact.

• Published: June  2023

Embedded AI Market worth $18.0 billion by 2028

According to a research report "Embedded AI Market by Offering (Hardware, Software, Services), Data Type (Numerical Data, Categorical Data, Image & Video Data), Vertical (Automotive, Manufacturing, Healthcare & Life Sciences, Telecom), and Region - Global Forecast to 2028" published by MarketsandMarkets, the Embedded AI market is projected to grow from USD 9.4 billion in 2023 to USD 18.0 billion by 2028 at a compound annual growth rate (CAGR) of 14.0% during the forecast period. The Embedded AI market is expected to grow significantly during the forecast period, owing to various business drivers like growing demand for intelligent and autonomous systems for a personalized experience and increasing advancements in AI and ML technologies for better and smart decisions. Furthermore, the proliferation of connected devices and IoT ecosystem for effective communications and the rising usage of Embedded AI for industry-specific applications drive market growth.

• Published: June  2023

Biocompatible Coatings Market worth $29.7 billion by 2028

The report "Biocompatible Coatings Market by Type (Antibacterial, hydrophilic), Material (Polymer, Ceramics, Metal), End-Use Industry (Healthcare, Food & Beverage, Medical Devices), & Region (APAC, Europe, North America, MEA & SA) - Global Forecast to 2028", size is estimated at USD 14.6 billion in 2022 to USD 29.7 billion by 2028, at a CAGR of 12.4%, between 2023 and 2028. The rapid growth of the healthcare industry, Rapid urbanization, population growth, and the increasing focus on hygiene and cleanliness drive the biocompatible coatings market. The biocompatible coatings market is divided into five key regions:Asia Pacific, Europe,  North America, Europe, the Middle East & Africa, and South America. China and India, among other countries, are fastest growing biocompatible coatings market globally.

• Published: June  2023

Collagen Peptides Market worth $922 million by 2028

According to a research report "Collagen Peptides Market by Source (Bovine, Porcine, Marine & Poultry), Application (Food & Beverages, Nutritional Products, Cosmetics & Personal Care Products, Pharmaceuticals), Form (Dry, Liquid) and Region - Global Forecast to 2028" published by MarketsandMarkets, the collagen peptides market is projected to reach USD 922 million by 2028 from USD 699 million by 2023, at a CAGR of 5.7% during the forecast period in terms of value. The market for collagen peptides is experiencing growth due to growing consumer health awareness and varied applications of collagen peptides.

• Published: June  2023

Food Coating Ingredients Market worth $4.9 billion and Food Coating Equipment Market worth $7.7 billion by 2028

According to a research report "Food Coating Market by Ingredient Type (Batter, Flours), Application (Bakery, Snacks), Equipment Type (Coaters and Applicators, Enrobers), Form (Dry, Liquid), Mode of Operation (Automatic, Semiautomatic) and Region - Global Forecast to 2028" published by MarketsandMarkets, the food coating ingredients market is estimated at USD 3.6 billion in 2023 and is projected to reach USD 4.9 billion by 2028, at a CAGR of 6.2% from 2023 to 2028.

• Published: June  2023

Veterinary API Market worth $11.9 billion by 2028

The report "Veterinary API Market by API Type (Antimicrobials (Fluoroquinolones, Tetracyclines), Vaccines, Hormones, Antimicrobials, Anti-inflammatory, Hormones), Synthesis Type, Route of Administration, and Animal Type - Global Forecast to 2028", is projected to reach USD 11.9 billion by 2028 from USD 8.5 billion in 2023, at a CAGR of 6.9% the forecast period. The market for veterinary API is expanding because of factors like rising incidence of transboundary & zoonotic diseases, increasing animal population and pet ownership, and increasing disease control & disease prevention measures. The veterinary API industry is anticipated to develop because of the rising demand for veterinary medicines and other animal health products. This is also going to attract international investors to that region.

• Published: June  2023

Public Safety Drone Industry worth $2.0 billion by 2028

• Published: June  2023

Wi-Fi 7 Market worth $24.2 billion by 2030

According to a research report "Wi-Fi 7 Market by Hardware (Access Point, Router, System on Chip), by Location Type (Indoor, Outdoor), by Applications (Immersive Technologies, HD Video Streaming, Smart Devices, Industry 4.0, Telemedicine, Public Wi-Fi & Dense Environments), by Solution (Access Point, Router, System on Chip) - Global Forecast to 2030 published by MarketsandMarkets, the Wi-Fi 7 market is estimated at USD 1.0 billion in 2023 and is projected to reach USD 24.2 billion by 2030, at a CAGR of 57.2% from 2023 to 2030. Governments collaborate with private organizations, research institutions, and industry associations to develop IoT ecosystems and drive innovation. These partnerships often involve joint projects, knowledge sharing, and the establishment of wireless networking. Governments foster the development and adoption of Wi-Fi 7 solutions by actively engaging with the private sector across different industries.

• Published: June  2023

Corrosion Protection Coatings Market worth $12.4 billion by 2028

The report "Corrosion Protection Coatings Market by Resin Type (Epoxy, PU, Acrylic, Zinc, Chlorinated Rubber), Technology (Water, Solvent, Powder), End-use (Oil & Gas, Marine, Infrastructure, Power Generation, Water Treatment), & Region - Global Forecast to 2028", is projected to grow from USD 10.4 billion in 2023 to USD 12.4 billion by 2028, at a CAGR of 3.5%. Growing end-use industries to boost the Corrosion protection coatings market. The infrastructure end-use industry is emerging as the fastest-growing industry for the corrosion protection coatings market.

• Published: June  2023

Digital Diabetes Management Market worth $35.8 billion in 2028

The report "Digital Diabetes Management Market by Product (Device (CGM, Smart Glucometer, Insulin Patch Pump), Diabetes Apps, Service, Software & Platforms), Device Type (Handheld & Wearables), End User (Hospitals & Self/Home Healthcare) - Global Forecast to 2028", is expected to grow at a CAGR of 13.6% from an estimated USD 18.9 billion in 2023 to USD 35.8 billion in 2028. As diabetes prevalence has increased, there is an increasing demand for more efficient diabetes care solutions. Furthermore, technological advancements have made it possible for the market to acquire flexible solutions. The growing number of connected devices and apps, along with the widespread use of cloud-based enterprise solutions, is one of the main factors driving market growth.

• Published: June  2023

Automotive TIC Market worth $20.9 billion by 2028

According to a research report "Automotive TIC Market Vehicle Type (Passenger Cars, Commercial Vehicles), Service Type (Testing Services, Inspection Services, Certification Services), Sourcing Type (In-House, Outsourced), Application and Region - Global Forecast to 2028" published by MarketsandMarkets, the global automotive TIC market is projected to grow from USD 17.7 billion in 2023 to USD 20.9 billion by 2028, registering a CAGR of 3.4%.

• Published: June  2023

Specialty Chemicals Market worth $364.8 billion by 2028

The report "Specialty Chemicals Market by Type (Plasticizers, Water-Based, Coagulants and Flocculants, Scale Inhibitors), Application (Paper and Packaging, Automotive, Consumer Goods, Construction), and Region– Global Forecast to 2028", size was USD 272.6 billion in 2022 and is projected to reach USD 364.8 billion by 2028, at a CAGR of 5.0%, between 2023 and 2028.

• Published: June  2023

Far-Field Speech and Voice Recognition Industry worth $6.9 billion by 2028

The report "Far-Field Speech and Voice Recognition Market by Component (Microphones, Digital Signal Processors, Software), Microphone Solutions (Single Microphone, Linear Arrays, Circular Arrays), Application and Geography - Global Forecast to 2028" The Far-Field Speech and Voice Recognition Industry Size is projected to grow from USD 3.7 billion in 2023 to reach USD 6.9 billion by 2028; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 13.1% from 2023 to 2028.The growth of the far-field speech and voice recognition industry is driven by technological advancement of deep-learning-based far-field microphones, increasing adoption of voice control-based smart speakers, and enhanced accuracy through advanced front-end hardware.

• Published: June  2023

Overall Equipment Effectiveness Software Industry worth $122.4 billion by 2028

The report "Overall Equipment Effectiveness Software Market by Offering (Software, Services), Deployment Mode (On-premises, Cloud), Type (SCADA, Cloud ERP, Predictive Maintenance, Data Historian), Industry (Automotive, Healthcare, Power) - Global Forecast to 2028" The global overall equipment effectiveness software market size is estimated to be USD 67.5 billion in 2023 and is projected to reach USD 122.4 billion by 2028, at a CAGR of 12.6%. The growing utilization of ERP software for conducting various functions across industries, increasing initiatives for driving the adoption of industrial automation solutions, growing requirement for improved efficiency and ensuring optimum usage of resources, the requirement for connected supply chain and bulk production to cater to the increasing global population, and growing adoption of AI and IoT across manufacturing industries across the globe, are responsible for the growth of the overall equipment effectiveness software market.

• Published: June  2023

Privacy Management Software Market worth $15.2 billion by 2028

According to a research report "Privacy Management Software Market by Application (Data Discovery & Mapping, DSAR, PIA, Consent & Preference Management), Deployment Mode, Organization Size (Large Enterprises, SMEs), Vertical and Region - Global Forecast to 2028" published by MarketsandMarkets, the privacy management software market size is expected to grow from USD 2.7 billion in 2023 to USD 15.2 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 41.9% during the forecast period. The rapid growth of digital financial services and growing incidences of data theft and data breaches is likely to boost the adoption of privacy management software globally.

• Published: June  2023

Japan and South Korea AI in Drug Discovery Market is expected to grow at a CAGR of 45.7%

According to latest research report published by MarketsandMarkets, the AI in Drug Discovery Market in Japan and South Korea by Offering (Software, Service), Technology (Machine Learning, Deep Learning), Application (Cardiovascular, Metabolic, Neurodegenerative), End User (Pharma, Biotech,CROs) - Global Forecasts to 2027, is expected to grow at a CAGR of 45.7% from 2022 to 2027.

• Published: June  2023

Europe AI in Drug Discovery Market is expected to grow at a CAGR of 45.7%

According to latest research report published by MarketsandMarkets, the Europe AI in Drug Discovery Market by Offering (Software, Service), Technology (Machine Learning, Deep Learning), Application (Cardiovascular, Metabolic, Neurodegenerative), End User (Pharma, Biotech,CROs) - Global Forecasts to 2027, is expected to grow at a CAGR of 45.7% from 2022 to 2027.

• Published: June  2023

USA AI in Drug Discovery Market is expected to grow at a CAGR of 45.7%

According to latest research report published by MarketsandMarkets, the USA AI in Drug Discovery Market by Offering (Software, Service), Technology (Machine Learning, Deep Learning), Application (Cardiovascular, Metabolic, Neurodegenerative), End User (Pharma, Biotech,CROs) - Global Forecasts to 2027, is expected to grow at a CAGR of 45.7% from 2022 to 2027.

• Published: June  2023

Anesthesia Equipment Market worth $11.0 billion by 2028

The report "Anesthesia Equipment Market by Type (Anesthesia Devices (Workstation, Ventilators, Monitors), Disposables (Circuits, Endotraceal Tubes)), Application (Orthopedics, Neurology, Urology), End User (Hospitals, Clinics, ASC) & Region - Global Forecast to 2028", is projected to reach USD 11.0 billion by 2028 from USD 8.0 billion in 2023, at a CAGR of 6.7% during the forecast period. Growth in this market can primarily be attributed to the growing number of surgeries owing to the prevalence of various diseases. Anesthesia plays a key role, since every patient that undergoes surgery is anesthetized to manage the pain during the course of surgery. The major surgical procedures performed globally are orthopedics, cardiology, and neurology, owing to the high prevalence of these medical conditions. Such a high number of surgical procedures are expected to propel growth of the global anesthesia devices market.

• Published: June  2023

Oven-Controlled Crystal Oscillator (OCXO) Industry worth $528 million by 2028

The report "Oven-Controlled Crystal Oscillator (OCXO) Market by Type, Mounting Scheme (Surface Mount, Through-hole), Application (Consumer Electronics, Telecom & Networking, military & aerospace, Industrial, Automotive, Medical) and Region - Global Forecast to 2028" The global OCXO market was valued at USD 464 million in 2023 and is projected to reach USD 528 million by 2028, registering a CAGR of 2.6% during the forecast period. The expanding telecommunications industry and widening application scope of OCXOs are among the factors driving the growth of the OCXO market.

• Published: June  2023

Autonomous Last Mile Delivery Industry worth $4.2 billion by 2030

The report "Autonomous Last Mile Delivery Market by Platform (Aerial Delivery Drones, Ground Delivery Vehicles (Delivery Bots, Self-Driving Vans & Trucks)), Solution, Application, Type, Payload Weight, Range, Duration and Region - Global Forecast to 2030" The autonomous last mile delivery market is valued at USD 0.9 billion in 2023 and is projected to reach USD 4.2 billion by 2030, at a CAGR of 22.7%. The market for autonomous last mile delivery has experienced remarkable growth in recent years, driven by several key factors. One of the primary drivers is the rapid growth of e-commerce and online shopping. With the increasing popularity of online retail, there is a growing demand for efficient and timely delivery of goods, especially in urban areas where congestion and traffic can significantly impact delivery times.

• Published: June  2023

Lactic Acid Market worth $2.8 billion and Polylactic Acid Market worth $2.9 billion in 2028

According to a research report "Lactic Acid and Polylactic Acid Market by Application (Biodegradable Polymers, Food & Beverages, Pharmaceutical Products), Raw Material, Form (Dry, Liquid), and Region (North America, Europe, Asia Pacific, Rest of the World) - Global Forecast to 2028" published by MarketsandMarkets, the lactic acid market is estimated at USD 1.6 billion in 2023 and is projected to reach USD 2.8 billion by 2028, at a CAGR of 12.4% from 2023 to 2028. The global polylactic acid market is anticipated to be valued at USD 1.3 billion in 2023 and escalate to USD 2.9 billion in 2028 by growing at a CAGR of 17.7% The surging concerns over global warming and plastic pollution have led to significant attention being directed towards bio-plastics. One standout option among these alternatives is polylactic acid (PLA), which possesses the dual advantages of being derived from renewable sources and is biodegradable. Its applications in disposable packaging have proliferated extensively. Jem's law estimates that the demand for PLA in the global market doubles every 3 to 4 years. However, when compared to traditional petroleum-based plastics, PLA is generally more expensive and often exhibits subpar mechanical and physical properties. Nevertheless, recent progress in compounding techniques and the successful commercialization of D(-) lactic acid and its polymer PDLA present promising opportunities for augmenting the mechanical and thermal characteristics of PLA. For instance, the development of stereocomplex PLA shows potential for high-end market utilization, effectively addressing the performance limitations of PLA and broadening its prospects across diverse industries.

• Published: June  2023

Bioethanol Market worth $114.7 billion by 2028

The report "Bioethanol Market by Feedstock (Starch based, Sugar based, Cellulose-based), Fuel blend (E5, E10, E15 to E70, E75& E85), End-use (transportation, pharmaceutical, cosmetic, alcoholic beverages), Generation And Region Global Forecast to 2028", The market for bioethanol is approximated to be USD 83.4 billion in 2023, and it is projected to reach USD 114.7 billion by 2028 at a CAGR of 6.6%. The demand for bioethanol is mainly driven by end-use industries. The growing recognition of the environmental consequences associated with fossil fuels, including greenhouse gas emissions and climate change, has generated increased interest in renewable and sustainable energy sources. Bioethanol, derived from renewable biomass, presents a viable solution with a lower carbon footprint compared to conventional fossil fuels.

• Published: June  2023

Flooring Market worth $510.7 billion by 2028

The report "Flooring Market by Material (Resilient, Non-Resilient (Ceramic tiles, Wood, Laminate, Stone), Soft-floor covering), End-use Industry (Residential, Non-residential), & Region (North America, Europe , APAC, MEA, South America) - Global Forecast to 2028", The market for flooring is approximated to be USD 331.9 billion in 2023, and it is projected to reach USD 510.7 billion by 2028, at a CAGR of 9.0%. Increasing population and rapid urbanization, increasing investments in the construction sector, and rising number of renovation and remodeling activities are key drivers promoting the market growth. The volatile raw material prices is a major restraint in the flooring market as it affects the overall pricing of the product. A rapidly progressing organized retail sector is a major opportunity in the flooring market. The flooring industry also faces the challenge of extreme competition in the market.

• Published: June  2023

Agricultural Lighting Industry worth $21.4 billion by 2028

The report "Agricultural Lighting Market by Light Source (Fluorescent, HID, LED), Application (Horticulture, Livestock, Aquaculture), Offering (Hardware, Software, Services), Installation Type, Wattage Type, Sales Channel and Region - Global Forecast to 2028" The global agricultural lighting industry size to reach USD 21.4 billion by 2028; at a CAGR of 12.5% from 2023 to 2028. The key factors fueling the growth of this market include rising population along with increasing government funding and support to promote agricultural lighting across the globe,  growing demand for food owing to the continuously increasing population.

• Published: June  2023

Hypersonic Weapons Industry worth $14.5 billion by 2030

The report "Hypersonic Weapons Industry by Type (Hypersonic Missiles, Hypersonic Gliding Vehicles), Domain (Land, Naval, Airborne), Range(Short-range, Medium-range, Long-range), Subsystem and Region (North America, Europe, Asia Pacific, ROW) - Global Forecast to 2030" The Hypersonic weapons Industry is estimated to be USD 6.8 billion in 2023 and is projected to reach USD 14.5 billion by 2030, at a CAGR of 11.4 % during the forecast period.The hypersonic weapons market is experiencing rapid growth, driven by several key factors. Firstly, the increasing global security threats and the need for advanced defense capabilities have prompted nations to invest heavily in hypersonic weapon systems. The exceptional speed and maneuverability of these weapons provide a significant advantage in countering evolving threats and ensuring national security. Secondly, advancements in propulsion and materials technology have made hypersonic weapons more feasible and cost-effective to develop, leading to increased research and development efforts. Additionally, the potential for hypersonic weapons to penetrate and overcome existing missile defense systems has created a sense of urgency among defense forces worldwide, further propelling market growth.

• Published: June  2023

Japan and South Korea Healthcare Analytics Market is expected to grow at a CAGR of 25.7%

According to latest research report published by MarketsandMarkets, the Healthcare Analytics Market in Japan and South Korea by Type (Descriptive, Predictive, Cognitive), Application (Financial, RCM, Fraud, Clinical, Operational), Component (Services, Software), Deployment (on premise, Cloud), End-user (Hospitals, Payer) - Global Forecast to 2027, is expected to grow at a CAGR of 25.7% from 2022 to 2027.

• Published: June  2023

USA Healthcare Analytics Market is expected to grow at a CAGR of 25.7%

According to latest research report published by MarketsandMarkets, the USA Healthcare Analytics Market by Type (Descriptive, Predictive, Cognitive), Application (Financial, RCM, Fraud, Clinical, Operational), Component (Services, Software), Deployment (on premise, Cloud), End-user (Hospitals, Payer) - Global Forecast to 2027, is expected to grow at a CAGR of 25.7% from 2022 to 2027.

• Published: June  2023