Press Release

Sodium Hypophosphite Market worth $890 million by 2025

The report "Sodium Hypophosphite Market by Function (Reducing Agents, Catalysts & Stabilizers, Chemical Intermediates), Application (Electroplating, Water Treatment, Chemicals & Pharmaceuticals), Grade (Electrical, Industrial), and Region - Global Forecast to 2025", is estimated at USD 664 million in 2019 and is projected to grow at a CAGR of 5.0% from 2019 to 2025, to reach USD 890 million by 2025 driven by its extensive use in various end-user industries such as automotive, electronics, water treatment, and construction. Massive transformation in the industrial sector has made Asia Pacific a high growth market for sodium hypophosphite manufacturers. The food sector is expected to be an emerging end-use as studies are underway for the multifunctional properties of the chemical in the food industry such as antioxidant, stabilizer, and antimicrobial.

• Published: August 2019

Plasma Lighting Market worth $415 million by 2024

According to the new market research report "Plasma Lighting Market by Component (Lightron, Waveguide, and Cavity Resonator), Application (Roadways, Streets, and Tunnels Industrial, and Horticulture), Wattage (300W, 700W, and 1,000W), and Geography - Global Forecast to 2024", the plasma lighting market is expected to be worth USD 329 million in 2019 and reach USD 415 million by 2024, at a CAGR of 4.7% from 2019 to 2024. The growth of this market can be attributed to the increasing awareness across the globe about energy-efficient lighting technologies. In addition, initiatives by governments of different countries to encourage the use of energy-efficient lights are also fueling the growth of the market.

• Published: August 2019

Variable Air Volume (VAV) Systems Market worth $16.0 billion by 2024

The report "Variable Air Volume (VAV) Systems Market by Type (Single-duct VAV, Dual-duct VAV, Induction VAV, Fan-powered VAV), Application (Commercial building, Industrial building, Residential building), and Region - Global Forecast to 2024" The variable air volume (VAV) systems market is expected to grow from USD 11.8 billion in 2019 to USD 16.0 billion by 2024, at a CAGR of 6.3 % during the forecast period. The major factors driving the variable air volume (VAV) systems market include increasing construction activities, globally and rising awareness for reducing energy consumption.

• Published: August 2019

Modular Chillers Market worth $3.5 billion by 2024

The report "Modular Chillers Market by Type (Air-Cooled, Water-Cooled), Application (Commercial, Industrial, Residential), and Region (North America, Europe, APAC, the Middle East & Africa, and South America) - Global Forecast to 2024" The modular chillers market is projected to grow from USD 2.6 billion in 2019 to USD 3.5 billion by 2024, at a CAGR of 6.0% during the forecast period. The growth of the modular chillers can be attributed to the stringent government regulations on energy efficiency and emissions, globally. In addition, the competitive advantages of modular chillers over its substitutes has increased its demand in the HVAC and refrigeration systems. 

• Published: August 2019

Variable Air Volume Box Market worth $6.4 billion by 2024

The report "Variable Air Volume Box Market by type(Single-Duct VAV, Dual-Duct VAV, Induction VAV, Fan-Powered VAV(Series Powered, Parallel Powered)), Application(Residential Building, Industrial Building, Commercial Building), and Region - Global Forecast to 2024", is projected to grow from USD 4.7 billion in 2019 to USD 6.4 billion by 2024, at a CAGR of 6.3% during the forecast period. The growing construction industry, especially commercial and industrial construction, in these countries due to rapid economic development is expected to lead to high demand for VAV systems which in turn will contribute to the demand of VAV box market.  Furthermore, the increasing need for energy conservation in buildings from the commercial and industrial sector will escalate the demand for energy-efficient and cost-effective heating and cooling solutions, which is another driving factor for the market.

• Published: August 2019

Vehicle Control Unit Market worth $10.4 billion by 2027

The report "Vehicle Control Unit Market by Vehicle Type, Component (Hardware & Software), Propulsion Type, Voltage (12/24V & 36/48V), Capacity (16, 32, & 64-bit), Electric Two-Wheeler, Communication Technology, Function, and Region - Global Forecast to 2027", MarketsandMarkets: The global vehicle control unit market is projected to grow from USD 2.9 billion in 2019 to reach USD 10.4 billion by 2027, at a CAGR of 17.1%.

The growth of the vehicle control unit market can be attributed to the growing adoption rate of electric vehicles. Technological advancements in vehicle electronics, battery management systems, body control, and infotainment functions, ADAS, autonomous driving technology, and electrification of automotive components along with the need of compact integrated vehicle systems are some of the major factors driving the growth of vehicle control unit. Thus, the vehicle control unit market is expected to witness a significant increase in the future.

• Published: August 2019

Logic Analyzer Market worth $387 million by 2024

According to the new market research report "Logic Analyzer Market by Type (Modular Logic Analyzers, PC-Based Logic Analyzers), Channel Count (2-32, 32-80, >80), Vertical (Electronics & Semiconductor, Automotive & Transportation, Aerospace & Defense), and Geography - Global Forecast to 2024", The logic analyzer market is projected to be woth USD 387 million by 2024. The increasing demand for testing of power-efficient and high-performance portable electronic devices to avoid distortion of the its output signals, which could affect the performance of the entire systems, and increasing investment by players in electronics R&D to remain competitive in the market are factors driving the growth of the global logic analyzer market.

• Published: August 2019

Microsurgical Instruments Market worth $2.2 billion by 2024

The report "Microsurgical Instruments Market by Type (Operating Microscopes, Micro Sutures (Non-Absorbable & Absorbable), Forceps, Needle Holder), Microsurgery (Plastic, Ophthal, ENT, Orthopedic, GYN), End User (Hospitals, ASCs, Academia) - Global Forecast to 2024", is projected to reach USD 2.2 billion by 2024 from USD 1.7 billion in 2019, at a CAGR of 5.2% during the forecast period.

• Published: August 2019

Assistive Robotics Market worth $11.2 billion by 2024

According to the new market research report "Assistive Robotics Market by Mobility, Type (Physically, Socially, Mixed Assistive), Application (Elderly Assistance, Companionship, Handicap Assistance, Surgery Assistance, Industrial, Defense, Public Relations), and Geography - Global Forecast to 2024", The assistive robotics market is expected to grow from USD 4.1 billion in 2019 to USD 11.2 billion by 2024, at a CAGR of 22.3% during the forecast period. Due to the increasing number of people suffering from strokes and spinal cord injuries across the world, demand for assistive robots such as exoskeletons is increasing. Hence, the increasing prevalence of strokes and spinal cord injuries is one of the key factors driving the growth of the assistive robotics market. Another driver for the assistive robotics market includes rising insurance coverage for medical exoskeletons and robotic surgeries.

• Published: August 2019

Application Gateway Market worth $2.5 billion by 2024

According to a research report "Application Gateway Market by Component (Solution and Services), Services (Consulting, Integration and Deployment), Organization Size (Large Enterprises and SMES), Vertical (BFSI and IT and Telecommunication), and Region - Global Forecast to 2024", published by MarketsandMarkets, the global application gateway market size is expected to grow from USD 1.6 billion in 2019 to USD 2.5 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 10.0% during the forecast period. Organizations are adopting application gateway solution for application layer security of their network. The evolution has been marked by the development of data security solutions and the advantages associated with them for all potential users. Application gateway vendors are trying to make things simple so that organizations can secure their critical data and also protect the organization from potential attacks.

• Published: August 2019

Security Policy Management Market worth $2.4 billion by 2024

According to a research report "Security Policy Management Market by Component (Solution and Services), Product Type (Network Policy Management, Compliance and Auditing, Change Management, and Vulnerability Assessment), Organization Size, Vertical, and Region - Global Forecast to 2024", published by MarketsandMarkets, the global security policy management market size is expected to grow from USD 1.5 billion in 2019 to USD 2.4 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 9.6% during the forecast period. Growing push from regulatory bodies to maintain security policies to safeguard the crucial data and increasing shift from homogeneous network model to a hybrid network model are the major factors driving the growth of the security policy management market.

• Published: August 2019

Ultra-high Performance Concrete Market worth $550 million by 2024

The report "Ultra-high Performance Concrete Market by application (Residential, Commercial, Infrastructural, and Others (healthcare, institutional, military, hospitality, and anti-detonating construction)), and Regions – Global Forecast to 2024", is projected to grow from USD 369 million in 2019 to USD 550 million by 2024, at a CAGR of 8.3% from 2019 to 2024. It is expected to grow in accordance with the growth of the construction industry across the globe. Factors such as the increase in the infrastructural and residential construction and innovation, along with the demand for durable construction material with the ability to withstand extreme weather and resist chemical attacks & deterioration, are expected to support market growth during the forecast period.

• Published: August 2019

Bovine Serum Albumin Market worth $304 million by 2025

The report "Bovine Serum Albumin Market by Form (Dry, Liquid), Grade (Technical-& Diagnostic-Grade, Research/Reagent-Grade, Food Grade), End User (Life Sciences Industry, Feed Industry, Food Industry, Research Institutes), and Region - Global Forecast to 2025", is estimated to be valued at USD 255 million in 2019 and is projected to reach a value of USD 304 million by 2025, growing at a CAGR of 3.0% during the forecast period. Factors such as the inexpensive and stable nature of bovine serum albumin as a protein standard, growing demand for blood-based products are some of the factors driving the growth of the market.

• Published: August 2019

MarketsandMarkets™ Excited to Host Its 4th Annual Customer Summit in London

MarketsandMarkets™, the world’s largest revenue impact research and advisory firm focused on high-growth niche markets, today announced its major topics and themes for its 4th Annual Customer Summit and 2nd European summit in the most affluent and desirable neighbourhood of London at The May Fair, A Radisson Collection Hotel on October 21-22, 2019.

• Published: August 2019

Patch Management Market worth $979 million by 2024

According to a research report "Patch Management Market by Component (Patch Management Software and Services), Service (Consulting, Support & Integration), Deployment (Cloud and On-Premises), Vertical (BFSI, Government & Defense, IT & Telecom), and Region - Global Forecast to 2024", published by MarketsandMarkets, the global patch management market size is expected to grow from USD 589 million in 2019 to USD 979 million by 2024, at a Compound Annual Growth Rate (CAGR) of 10.7% during the forecast period. The patch management software enables organizations to acquire, test, and install missing patches for software applications and technologies. The increasing digitalization initiatives across the developing countries have led enterprises, both public and private, to deploy cloud and mobility-based applications.

• Published: August 2019

Plant Genomics Market worth $11.7 billion by 2025

The report "Plant Genomics Market by Objective (Extraction, Sequencing, Genotyping, Gene Expression, MAS, and GMO-trait Purity Testing), Type (Molecular Engineering and Genetic Engineering), Trait, Application, and Region - Global Forecast 2025", is estimated to be valued at USD 7.3 billion in 2019 and is projected to reach a value of USD 11.7 billion by 2025, growing at a CAGR of 8.3% during the forecast period. Factors such as the rising demand for improved crop varieties is driving the growth of the plant genomics market.

• Published: August 2019

Nutraceutical Products Market worth $404.8 billion by 2025

The report "Nutraceutical Products Market by Type (Food, Beverages, Dietary Supplements), Source (Probiotics, Prebiotics, Vitamins, Minerals), Distribution Channel (Conventional Stores, Specialty Stores, Drugstores & Pharmacies), Region - Global Forecast to 2025" The nutraceutical products market is projected to reach USD 404.8 billion by 2025 and was estimated at USD 267.4 billion in 2019, recording a CAGR of 7.2% from 2019. Key factors driving the nutraceutical products market include the increasing aging population and focus on preventive healthcare. In addition, increasing mandates pertaining to food fortification by government organizations is projected to reflect positively on the market growth.

• Published: August 2019

Autonomous Data Platform Market worth $2,210 million by 2024

According to a research report "Autonomous Data Platform Market by Component (Platform and Services), Organization Size (Large Enterprises and Small and Medium-Sized Enterprises), Deployment Type (On-Premises and Cloud), Vertical, and Region - Global Forecast to 2024", published by MarketsandMarkets, estimated to be USD 810 million in 2019, the autonomous data platform market is projected to surpass USD 2,210 million by 2024, registering a CAGR of 22.2% during the forecast period

• Published: August 2019

Laboratory Equipment Services Market worth $17.7 billion by 2024

The report "Laboratory Equipment Services Market by Type (Repair & Maintenance, Calibration, Validation), Contract (Standard, Custom), Equipment (Analytical, Equipment, General, Support), Service Provider (OEM), and End User (Pharmaceutical) - Global Forecast to 2024", The laboratory equipment services market is projected to grow at a CAGR of 13.4% during the forecast period to reach USD 17.7 billion by 2024 from USD 9.5 billion in 2019. Factors such as the growing need for the effective and timely diagnosis of diseases and an increasing number of research activities in pharmaceutical and biotechnology industries are expected to drive the growth of the laboratory equipment services market during the forecast period.

• Published: August 2019

Heat-Shrink Tubing Market worth $2.3 billion by 2024

The report "Heat-Shrink Tubing Market by Voltage (Low, Medium, and High), Material (Polyolefin, Polytetrafluoroethylene, Fluorinated Ethylene Propylene), End-User (Utilities, Chemical, Automotive, Food & Beverage), Region - Global Forecast to 2024", is projected to reach USD 2.3 billion by 2024 from an estimated USD 1.8 billion in 2019, at a CAGR of 5.3% during the forecast period. Increasing investments in the electrical networks, increasing demand for reliable and secure power supply worldwide, and growing adoption of renewable energy sources across the globe are likely to drive the heat-shrink tubing market.

• Published: August 2019

NPK Fertilizers (feed-grade and food-grade) Market worth $2.9 billion by 2023

The report "NPK fertilizers (feed-grade and food-grade) Market by Application (Bakery Products, Meat & Meat Products, Dairy Products, and Beverages), Form (Powder, Liquid, and Others), Type (Nitrogen, Phosphorus, Potassium, and Others), and Region-Global Forecast to 2023" The NPK fertilizers (food-grade) market is estimated to be valued at USD 2.4 billion in 2018 and is projected to reach USD 2.9 billion by 2023, at a CAGR of 4.0%. The market is driven by the rise in consumption of meat & dairy products and increasing awareness about the quality of food products.

• Published: August 2019

System of Insight Market worth $3.4 billion by 2024

According to a research report "System of Insight Market by Component (Solutions and Services), Applications (Customer Analytics, Operations Management, Sales and Marketing Management, Risk and Compliance Management), Deployment Model, Vertical, and Region - Global Forecast to 2024", published by MarketsandMarkets, the global system of insight market size is expected to grow from USD 1.2 billion in 2019 to USD 3.4 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 22.2% during the forecast period. The major factors contributing to the growth of this market include the increasing volume of big data and a growing need for data analytics. Moreover, an increasing adoption of cloud-based solutions provides opportunities in the system of insight market.

• Published: August 2019

Accounts Payable Automation Market worth $3.1 billion by 2024

According to a research report"Accounts Payable Automation Market by Component (Solution and Services), Organization Size, Deployment Type, Vertical (Consumer Goods and Retail, BFSI, IT and Telecom, and Manufacturing), and Region - Global Forecast to 2024", published by MarketsandMarkets, is expected to grow from USD 1.9 billion in 2019 to USD 3.1 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 11.0% during the forecast period. The increasing demand to reduce the number of delayed payments and improve the compliance rate with controlled user access and credentials leading to reduced fraudulent transactions are the major factors driving the growth of the AP automation market.

• Published: August 2019

Oleoresins Market worth $1.7 billion by 2025

The report "Oleoresins Market by Source (Paprika, Capsicum, Seed spices, Turmeric, Herbs, Ginger, Cinnamon & cassia), Application (Food & Beverages, Pharmaceutical & Nutraceutical, Personal Care Products, Feed), Extraction Process, and Region - Global Forecast to 2025" According to MarketsandMarkets, the oleoresins market is estimated to be valued at USD 1.2 billion in 2019 and is projected to reach USD 1.7 billion by 2025, recording a CAGR of 6.0% from 2019 to 2025. The rapidly growing demand for natural flavors in the food & beverage industry and the wide application of oleoresins in various other industries such as pharmaceuticals, personal care, and feed sectors are some of the key factors driving the growth of the market. 

• Published: August 2019

5G Market in Aviation worth $3.9 billion by 2026

The report "5G Market in Aviation by End Use (5G Infrastructure for Aircraft and Airport), Technology (eMBB, FWA, URLLC/MMTC), Communication Infrastructure (Small Cell, DAS), 5G Services (Aircraft Operations, Airport Operations), Region - Global Forecast to 2026", is estimated to be USD 0.5 billion in 2021 and is projected to reach USD 3.9 billion by 2026, at a CAGR of 52.7% from 2021 to 2026. The demand for 5G infrastructure and services has been growing due to the rising demand for better flight experience. Increasing demand for predictive, prescriptive, and condition-based maintenance through data shared by connected aircraft is also anticipated to propel the growth of 5G market in aviation over the forecast period.

• Published: August 2019

Predictive Vehicle Technology Market worth $90.2 billion by 2027

The report "Predictive Vehicle Technology Market by Application (Proactive alerts, Safety & Security), Hardware (ADAS component, OBD and Telematics), Deployment (On premise and Cloud), End User, Vehicle, and Region - Global Forecast to 2027" The global predictive vehicle technology market is projected to grow at a CAGR of 20.1% to reach USD 90.2 billion by 2027 from an estimated USD 20.8 billion in 2019. The major factors driving the growth of the market are the advent of machine learning and excessive usage of real-time data for various automotive applications, leveraging the use of predictive technology in automobiles.

• Published: August 2019

Geospatial Solutions Market worth $502.6 billion by 2024

The report "Geospatial Solutions Market by Technology (Earth Observation, Scanning), Solution (Hardware, Software, Service), End-User (Utility, Business, Transportation, Defense & Intelligence, Infrastructural Development), Application, Region - Global Forecast to 2024" geospatial solutions market is projected to reach USD 502.6 billion by 2024 from an estimated USD 239.1 billion in 2019, at a CAGR of 13.2% during the forecast period. This growth can be attributed to factors such as integration of geospatial technology into mainstream technologies, advancements in geospatial solutions with the introduction of artificial intelligence and Big Data analytics, increasing use of location-based services, adoption of  automation, cloud, and IoT technologies.

• Published: August 2019

Bioprocess Validation Market worth $ 360 million by 2024

The report "Bioprocess Validation Market by Test Type (Extractables and Leachables, Integrity Testing, Microbiology Testing), Process Component (Filter Element, Bioreactors), End-User (CDMO, Biotechnology & Pharmaceutical Companies) - Global Forecast to 2024", is exceeded USD 180 million in 2019 and is projected to be valued over USD 360 million by 2024, at a CAGR of 14.6% during the forecast period. The stringent safety and quality regulations governing product certification and testing across the biopharmaceutical and pharmaceutical industries, high demand for the outsourcing of bioprocess validation services and rising R&D spending in the life science are some of the major factors that are expected to drive the growth of this market during the forecast period. Additionally, automation in bioprocess validation services and geographic expansions by market players are the upcoming trends in bioprocess validation, which also expected to support market growth in the coming years.

• Published: August 2019

Wax Emulsion Market worth $2.0 billion by 2024

The report "Wax Emulsion Market by Material Base (Synthetic, Natural), Type (PE, PP, Paraffin, Carnauba), End-use Industry (Paints & Coatings, Adhesives & Sealants, Cosmetics, Textiles), Region (APAC, North America, Europe, MEA, SA) - Global Forecast to 2024" The global wax emulsions market is expected to reach USD 2.0 billion by 2024, at a CAGR of 4.9% from 2019 to 2024. A key driving factor for the growth of the wax emulsion market is a consequent rise in the demand for paints & coatings, adhesives & sealants, and cosmetics.

• Published: August 2019

Artificial Intelligence in Accounting Industry worth $4,791 million by 2024

According to a research report "Artificial Intelligence in Accounting Market by Component, Deployment Mode, Technology, Enterprise Size, Application (Automated Bookkeeping, Fraud and Risk Management, and Invoice Classification and Approvals), and Region - Global Forecast to 2024", published by MarketsandMarkets, the Artificial Intelligence (AI) in accounting market is expected to grow from USD 666 million in 2019 to USD 4,791 million by 2024, at a Compound Annual Growth Rate (CAGR) of 48.4% during the forecast period. The major factors driving the growth of AI in accounting market include the growing need to automate accounting processes and the need for enhanced data-based advisory and decision making.

• Published: July 2019

Bike and Scooter Rental Market worth $10.1 billion by 2027

The report "Bike and Scooter Rental Market by Service (Pay as you go and Subscription-based), Propulsion (Pedal, Electric, and Gasoline), Operational Model (Dockless and Station-based), Vehicle (Bike, Scooter), and Region - Global Forecast to 2027" The global bike and scooter rental market is projected to grow from USD 2.5 billion in 2019 to reach USD 10.1 billion by 2027, at a CAGR of 18.9%. The growth of the bike and scooter rental market is influenced by the rising demand for micro mobility and shift of consumer preference toward a more economical, convenient, and flexible mode of transport.

• Published: July 2019

Transmission Sales Market worth $18.7 billion by 2024

The report "Transmission Sales Market by Type (Reciprocating, Rotary, Centrifugal, Axial Flow), Application (Artificial lift, Gas Processing Station, LNG & FPS, Storage & Facilities), Compression Media, End Users, and Region - Global Forecasts to 2024" The transmission sales market is expected to grow from an estimated market size of USD 15.2 billion in 2019 to USD 18.7 billion by 2024, registering a CAGR of 4.2% from 2019 to 2024. The transmission sales market is witnessing significant growth, which is driven by the growing shale gas production activities.

• Published: July 2019

Abrasion Resistant Coatings Market worth $11.1 billion by 2024

The report "Abrasion Resistant Coatings Market by Type (Metal/Ceramic, Polymer), End-Use Industry (Oil & Gas, Marine, Power Generation, Transportation, Mining, Construction), Region (North America, APAC, Europe, MEA, South America) - Global Forecast to 2024" The abrasion-resistant coatings market is estimated to grow from USD 8.0 billion in 2019 and is projected to reach USD 11.1 billion by 2024, at a CAGR of 6.5% during the forecast period. The fast curing time and superior properties of abrasion resistant coatings are propelling the market.

• Published: July 2019

Vehicles for Disabled Market worth $6.3 billion by 2027

The report "Vehicles for Disabled Market by Vehicle Type (Adaptive Four-Wheeler, Mobility Scooter), Manufacturer Type (OEM and Third-Party Customization), Entry Mechanism, Entry Configuration, Driving Option, Ownership, and Region - Global Forecast to 2027" The global vehicles for disabled market is projected to grow from USD 2.6 billion in 2019 to reach USD 6.3 billion by 2027, at a CAGR of 11.7%.

• Published: July 2019

Microlearning Market worth $2.7 billion by 2024

According to a research report "Microlearning Market by Component (Solution and Services), Organization Size, Deployment Type, Industry (Retail, Manufacturing and Logistics, BFSI, Telecom and IT, Healthcare and Life Sciences), and Region - Global Forecast to 2024", published by MarketsandMarkets, the global microlearning market size is expected to grow from USD 1.5 billion in 2019 to USD 2.7 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 13.2% during the forecast period. Increasing demand for training deskless and mobile workers across industries and growing need for skills-based and result-oriented training among enterprises are the major factors driving the growth of the microlearning market.

• Published: July 2019

Nanowire Battery Market worth $243 million by 2026

According to the new market research report "Nanowire Battery Market by Material Type (Silicon, Germanium, Transition Metal Oxides, Gold), Industry (Consumer Electronics, Automotive, Aviation, Energy, Medical Devices), and Region (North America, Europe, APAC, RoW) – Global Forecast to 2026" , the nanowire battery market is estimated to reach USD 243 million by 2026 from USD 53 million in 2021, at a CAGR of 35.7% between 2021 and 2026.

• Published: July 2019

India Connected Car Market worth $32.5 billion by 2025

The report "India Connected Car Market by Service/Application (Telematics, Ride Sharing, OTA Updates), Form Factor (Embedded, Tethered, and Integrated), Platform (Android Auto, CarPlay, MirrorLink), Connectivity (Cellular and DSRC), and Hardware - Forecast to 2025", MarketsandMarkets: The India connected car market is estimated to be USD 9.8 billion in 2019 and is projected to reach USD 32.5 billion by 2025, at a compound annual growth rate (CAGR) of 22.2% during the forecast period. Increase in government mandates supporting connected technology in vehicles and emergence of startups for developing and providing connected car features are the key drivers for the connected car market in India.

• Published: July 2019

Vision Processing Unit Market worth $3.2 billion by 2024

The report "Vision Processing Unit Market End-Use Application (Smartphones, ADAS, Camera, Drones, AR/VR Products), Vertical (Consumer Electronics, Automotive, Security and Surveillance), Fabrication Process and Geography – Global Forecast to 2024", is estimated to grow from USD 1.3 billion in 2019 to USD 3.2 billion by 2024; it is expected to grow at a CAGR of 18.7%. The market is mainly driven by the increasing adoption of premium smartphones, growing adoption of edge AI, and rising demand for high-end computing capabilities for computers and machine vision.

• Published: July 2019

Weight Loss and Weight Management Market $303.81 billion by 2027

The Weight Loss and Weight Management Market is estimated to reach USD 303.81 billion by 2027 from USD 175.94 billion in 2017, at a CAGR of 6.9%. The growth of this market is majorly attributed to the growing rate of obesity, increasing prevalence of lifestyle diseases, and increasing number of bariatric surgeries.

• Published: July 2019

Geotextile Market worth $9.4 billion by 2022

The Geotextile Market size is estimated to be USD 5.8 billion in 2017 and is projected to reach USD 9.4 billion by 2022, at a CAGR of 10.2%. Superior properties, low cost, high demand in road construction, and growing infrastructure activities in emerging economies are the key factors driving the geotextile market globally.

• Published: July 2019

Aseptic Packaging Market worth $66.5 billion by 2022

The Aseptic Packaging Market is projected to grow from USD 39.6 billion in 2017 to USD 66.5 billion by 2022, at a CAGR of 10.89% during the forecast period.

The aseptic packaging market is witnessing high growth, owing to the rise in demand for ready-to-eat food products. Increased urbanization and growth of the packaging industry have led to an increase in demand for aseptic packaging, particularly in the emerging economies of Asia Pacific and South America.

• Published: July 2019

Aerospace Adhesives & Sealants Market worth $1 billion by 2023

The global Aerospace Adhesives & Sealants Market size is projected to reach USD 1 billion by 2023, at a CAGR of 5.4%. The aerospace adhesives & sealants market size is estimated to be USD 775 million in 2018. The high demand for lightweight and fuel-efficient next-generation aircraft is fueling the consumption of these adhesives and sealants. These products are used in the interior, exterior, and engine compartments of an aircraft.

• Published: July 2019

Cryotherapy Market worth $319 million by 2024

The report "Cryotherapy Market by Product (Cryosurgery Devices, Localized Cryotherapy Devices, Cryosaunas), Application (Surgical Application, Pain Management, Health & Beauty), End User (Hospitals & Specialty Clinics, Spas) - Global Forecast to 2024", is expected to reach USD 319 million by 2024 from USD 206 million in 2019, at a CAGR of 9.1%.

• Published: July 2019

PVB Interlayers Market worth $4.4 billion, by 2024

The report "PVB Interlayers Market by Type (Standard Polyvinyl Butyral and Structural Polyvinyl Butyral), End-use Industry (Automotive, Building & Construction, and Photovoltaic), Region (North America, Europe, APAC,RoW) - Global Forecast to 2024", The PVB interlayers market size is estimated to be USD 3.1 billion in 2019 and projected to reach USD 4.4 billion by 2024, at a CAGR of 7.3%. The growing demand for safety glass/laminated glass from the automotive, construction, and photovoltaic industries is expected to drive the market.

• Published: July 2019

Marine Lighting Market worth $495 million by 2027

The report "Marine Lighting Market by Ship (Passenger, Commercial, Yachts), Technology (LED, Fluorescent, Halogen, Xenon), Application (Navigation, Dome, C&U, Reading, Docking, Safety, Decorative), Type (Functional, Decorative), and Region - Global Forecast to 2027" The marine lighting market size is projected to grow from USD 328 million in 2019 to USD 495 million by 2027, at a CAGR of 5.3% during the forecast period. The increasing demand for cruise & commercial ships in Asia Pacific and Europe is the primary driver impacting the marine lighting market. Maritime safety regulations have also played a significant role in increasing the demand for marine lighting.

• Published: July 2019

Virtual Mobile Infrastructure Market worth $173 million by 2024

According to a research report "Virtual Mobile Infrastructure Market by Component (Platforms and Services), Deployment Type (Cloud and On-premises), Vertical (BFSI, Healthcare, Manufacturing, and Government), and Region (North America, Europe, APAC, and RoW) - Global Forecast to 2024", published by MarketsandMarkets, the Virtual Mobile Infrastructure (VMI) market is expected to grow from USD 113 million in 2019 to USD 173 million by 2024, at a Compound Annual Growth Rate (CAGR) of 8.9% during the forecast period. The major factors driving the VMI market include increase in smartphone penetration and reduced hardware and operating cost using VMI.

• Published: July 2019

GaN Power Device Market worth $1.9 million by 2023

The report "GaN Power Device Market by Device Type (Power, RF Power), Voltage Range, Application (Power Drives, Supply & Inverter, RF), Vertical (Telecommunications, Consumer, Automotive, Military, Defense, Aerospace), and Geography - Global Forecast to 2023", is projected to reach USD 1.9 million by 2023 at a CAGR of 29.1% from 2017 to 2023. The increasing adoption of GaN RF power devices in the military, defense, and aerospace verticals and the extensive bandgap property of GaN material are major factors fueling the growth of this market.

• Published: July 2019

Flexible Display Market worth $15.1 billion by 2022

According to the market research report, "Flexible Display Market by Application (Smartphone, Smartwatch, Wearable, TV, Digital Signage, PC Monitor, E-reader, Electronic Shelf Label, and Automotive), Technology (OLED, Quantum Dots, LED, E-Paper), Panel Size, and Geography - Global Forecast to 2022", the market is projected to grow from USD 2.7 billion in 2016 to USD 15.1 billion by 2022, at a CAGR of 34.4% between 2017 and 2022. Growth of this market is driven majorly by a technological shift, the development of energy-efficient, attractive, high-specification products, and the rising demand for smartphones, smartwatches, wearables, televisions, PC monitors, and laptops.

• Published: July 2019

Crop Oil Concentrates Market worth $254 million by 2025

The report "Crop Oil Concentrates Market by Application (Herbicides, Insecticides, and Fungicides), Crop Type (Cereals & grains, Oilseeds & Pulses, and Fruits & Vegetables), Surfactant Concentration, and Region - Global Forecast to 2025" The crop oil concentrates market is projected to reach USD 254 million by 2025, from USD 199 million in 2019, recording a CAGR of 4.1% during the forecast period. Due to the increasing need for improving the efficiency of agrochemicals, the emergence of high surfactant oil concentrate (HSCOC), and growing adoption of herbicide-tolerant crops, the crop oil concentrates market is projected to witness significant growth during the forecast period.

• Published: July 2019

IoT Connectivity Market worth $8.9 billion by 2024

According to a research report "IoT Connectivity Market by Component (Platform, Services), Organization Size, Application Areas (Building &Home Automation, Smart Energy & Utility, Smart Manufacturing, Connected Health, Smart Retail, Smart Transportation), Region - Global Forecast to 2024", MarketsandMarkets expects the IoT Connectivity market to grow from USD 3.8 billion in 2019 to USD 8.9 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 18.7% during the forecast period. Major factors expected to drive the growth of the IoT connectivity market include an increase in demand for connected devices; the need for reliable, secure, and high-speed network connectivity; and ability to integrate the standalone and non-standalone components of IoT ecosystem.

• Published: July 2019