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Press Releases from The Business Research Company (35190 total)

Elevator and Escalator Market Share, Trends, Growth Rate, Industry Report And Fo …

The elevator and escalator market size has grown strongly in recent years. It will grow from $109.63 billion in 2023 to $118.48 billion in 2024 at a compound annual growth rate (CAGR) of 8.1%. The growth in the historic period can be attributed to supportive government initiatives, increased focus on energy efficient elevators and an increase in infrastructure investment. The elevator and escalator market size is expected to see

Digital Transformation Market Growth Drivers, Opportunities, Share Report And Fo …

The digital transformation market size has grown exponentially in recent years. It will grow from $1382.64 billion in 2023 to $1666.84 billion in 2024 at a compound annual growth rate (CAGR) of 20.6%. The growth in the historic period can be attributed to strong economic growth in emerging markets, growing adoption of digital transformation in healthcare, increase in data volume generation, and increasing adoption of 5g networks. The digital

Cold Storage Market Size, Share, Trends Analysis, And Forecast To 2033

The cold storage market size has grown strongly in recent years. It will grow from $37.66 billion in 2023 to $41.02 billion in 2024 at a compound annual growth rate (CAGR) of 8.9%. The growth in the historic period can be attributed to growing demand for dairy products to drive the demand for cold storage, increase in demand from processed food and healthcare industry, increase in technology development,

Calcium Peroxide Market Overview, Competitive Analysis, Key Trends And Outlook 2 …

The calcium peroxide market size has grown rapidly in recent years. It will grow from $2.94 billion in 2023 to $3.29 billion in 2024 at a compound annual growth rate (CAGR) of 11.9%. The growth in the historic period can be attributed to growth in the paper and pulp industries, strong economic growth in emerging markets, expansion in wastewater treatment facilities and increase in demand for food grains. The

AI in Hardware Market Surges to $58.61 Billion by 2028, Fueled by Urbanization a …

The ai in hardware market size has grown exponentially in recent years. It will grow from $20.88 billion in 2023 to $25.96 billion in 2024 at a compound annual growth rate (CAGR) of 24.3%. The growth in the historic period can be attributed to strong economic growth in emerging markets, increase in penetration of smartphones and rise in adoption of ai hardware in banking, it and telecom. The ai in hardware

Wipes Market Surges to $30.74 Billion by 2028, Fueled by Rising Hygiene Awarenes …

The wipes market size has grown strongly in recent years. It will grow from $21.18 billion in 2023 to $22.8 billion in 2024 at a compound annual growth rate (CAGR) of 7.6%. The growth in the historic period can be attributed to strong economic growth in emerging markets, increased demand for specialty wipes and wet wipes, growth of end-user industries, increase in disposable income of consumers and removal of stringent

Veterinary Antibiotics Market to Reach $3.56 Billion by 2028, Driven by Rising Z …

The veterinary antibiotics market size has grown rapidly in recent years. It will grow from $2.2 billion in 2023 to $2.44 billion in 2024 at a compound annual growth rate (CAGR) of 10.9%. The growth in the historic period can be attributed to increased pet spending and shortages of generic medicines. factors that negatively affected growth in the historic period were shortages of veterinarians, lack of awareness, inappropriate use of

Taxi and Limousine Services Market to Reach $170.99 Billion by 2028, Driven by C …

The taxi and limousine services market size has grown strongly in recent years. It will grow from $114.66 billion in 2023 to $124.56 billion in 2024 at a compound annual growth rate (CAGR) of 8.6%. The growth in the historic period can be attributed to technological development, strong economic growth in emerging markets, and growth in aging population. The taxi and limousine services market size is expected to see strong growth

Solar Photovoltaic Panel Manufacturing Market Set to Reach $376.68 Billion by 20 …

The solar photovoltaic panel manufacturing market size has grown rapidly in recent years. It will grow from $217.42 billion in 2023 to $243.17 billion in 2024 at a compound annual growth rate (CAGR) of 11.8%. The growth in the historic period can be attributed to strong economic growth in emerging markets, growth in world population, government incentives, high environment impact of conventional power generation sources, corporate support to promote solar

Innovative Technologies Drive Semiconductor Assembly and Packaging Equipment Mar …

The semiconductor assembly and packaging equipment market size has grown rapidly in recent years. It will grow from $11.23 billion in 2023 to $12.45 billion in 2024 at a compound annual growth rate (CAGR) of 10.9%. The growth in the historic period can be attributed to growth in emerging markets, an increasing demand for semiconductor equipment, an increasing demand for consumer electronics and a rise in disposable income. The semiconductor assembly

Rise in Power Consumption Fuels Growth in Relays Market: A Forecast to $8.65 Bil …

The relays market size has grown steadily in recent years. It will grow from $6.86 billion in 2023 to $7.05 billion in 2024 at a compound annual growth rate (CAGR) of 2.8%. The growth in the historic period can be attributed to increase in renewable capacity additions, adoption of iec61850 standard for substation automation, replacement of electromechanical and static relays with numeric relays, favorable government initiatives and economic growth in

Photographic Services Market Trends, Growth, Impact of Image Sharing, and Specia …

The photographic services market size has grown steadily in recent years. It will grow from $43.11 billion in 2023 to $44.63 billion in 2024 at a compound annual growth rate (CAGR) of 3.5%. The growth in the historic period can be attributed to rising e-commerce industry, strong economic growth in emerging markets, and increased disposable income. The photographic services market size is expected to see steady growth in the next few

Global Passenger Rail Transport Market to Hit $388.33B by 2028 at a CAGR of 7.5% …

The passenger rail transport market size has grown strongly in recent years. It will grow from $269.74 billion in 2023 to $290.99 billion in 2024 at a compound annual growth rate (CAGR) of 7.9%. The growth in the historic period can be attributed to emerging markets growth, rise in e-commerce and taxation. The passenger rail transport market size is expected to see strong growth in the next few years. It will

Rising Demand for Online Food Delivery: Online Food Delivery Market to Hit $178. …

The online food delivery services market size has grown rapidly in recent years. It will grow from $143.05 billion in 2023 to $159.46 billion in 2024 at a compound annual growth rate (CAGR) of 11.5%. The growth in the historic period can be attributed to increase in strong economic growth in emerging markets, increased internet penetration and increased availability of mobile devices. The online food delivery services market size is expected

Modular And Prefabricated Nonresidential Building Construction Market to Hit $94 …

The modular and prefabricated nonresidential building construction market size has grown strongly in recent years. It will grow from $72.56 billion in 2023 to $76.54 billion in 2024 at a compound annual growth rate (CAGR) of 5.5%. The growth in the historic period can be attributed to strong economic growth in emerging markets, increasing government initiatives, increasing urbanization and rise in modular construction. The modular and prefabricated nonresidential building construction market

Meat Market Growth Surge: Reaching $1211.05B by 2028, Fueled by Emerging Markets …

The meat products market size has grown strongly in recent years. It will grow from $930.13 billion in 2023 to $984.04 billion in 2024 at a compound annual growth rate (CAGR) of 5.8%. The growth in the historic period can be attributed to increased demand for flavored meat products, low interest rates, a rise in disposable income, and emerging markets growth. The meat products market size is expected to see strong

Global Leasing Market to Hit $2738.03B by 2028 Fueled by Urbanization, Electric …

The leasing market size has grown rapidly in recent years. It will grow from $1685.5 billion in 2023 to $1856.11 billion in 2024 at a compound annual growth rate (CAGR) of 10.1%. The growth in the historic period can be attributed to strong emerging markets growth, demand from the aerospace and defense industry, rise in consumer awareness, growth in the used cars market, growth in residential construction activity and increased

All-Terrain Vehicle (ATV) and Utility Task Vehicle (UTV) Market 2024-2033: Analy …

The all-terrain vehicle (atv) and utility task vehicle (utv) market size has grown strongly in recent years. It will grow from $9.53 billion in 2023 to $10.4 billion in 2024 at a compound annual growth rate (CAGR) of 9.1%. The growth in the historic period can be attributed to emerging markets growth, the increasing atv and utv use in military activities and growth in the global population.. The all-terrain

Global Access Control Market 2024-2033: Trends, Growth and Analysis Forecast

The access control market size has grown rapidly in recent years. It will grow from $12.41 billion in 2023 to $13.7 billion in 2024 at a compound annual growth rate (CAGR) of 10.4%. The growth in the historic period can be attributed to increased use of mobile access control systems and government investments to prevent increasing number of cyber-attacks. The access control market size is expected to see rapid

Water and Sewage Market 2024-2033: Size, Share & Competitive Landscape Analysis

The water and sewage market size has grown strongly in recent years. It will grow from $683.29 billion in 2023 to $732.13 billion in 2024 at a compound annual growth rate (CAGR) of 7.1%. The growth in the historic period can be attributed to increase in regulations of government for wastewater treatment, rapid urbanization, growing wastewater complexities, increased demand for water from agricultural sector, increased demand for steam

Trauma Fixation Devices and Equipment Market 2024-2033: Growth Trends & Forecast

The trauma fixation devices and equipment market size has grown strongly in recent years. It will grow from $9.07 billion in 2023 to $9.77 billion in 2024 at a compound annual growth rate (CAGR) of 7.7%. The growth in the historic period can be attributed to resulted from increased number of accidents, growth in the number of healthcare facilities, rapid growth in elderly population, economic growth in

Sterilization Equipment and Disinfectants Market 2024-2033: Trends, Growth & Out …

The sterilization equipment and disinfectants market size has grown rapidly in recent years. It will grow from $9.13 billion in 2023 to $10.07 billion in 2024 at a compound annual growth rate (CAGR) of 10.2%. The growth in the historic period can be attributed to strong economic growth in emerging markets, growing demand for eco-friendly disinfectants, an increased healthcare expenditure and an increased number of surgical procedures.

Global Smart Buildings Market 2024-2033: Size, Share and Analysis Forecast by TB …

The smart buildings (nonresidential buildings) market size has grown rapidly in recent years. It will grow from $62.95 billion in 2023 to $70.52 billion in 2024 at a compound annual growth rate (CAGR) of 12.0%. The growth in the historic period can be attributed to strong economic growth in emerging markets, low interest rate environment, increase in internet penetration, favorable government initiatives and technology development. The smart buildings (nonresidential

Rocket Engines Market 2024-2033: Growth Trends, Outlook & Competitive Landscape

The rocket engines market size has grown exponentially in recent years. It will grow from $2.83 billion in 2023 to $3.49 billion in 2024 at a compound annual growth rate (CAGR) of 23.3%. The growth in the historic period can be attributed to increased government budgets for the space industry, rise in satellite launches, reduced launch costs, development of 3d printed engine parts and introduction of a reusable

Global Radiopharmaceuticals Market 2024-2033: Analysis, Trends & Forecast Outloo …

The radiopharmaceuticals market size has grown steadily in recent years. It will grow from $6.46 billion in 2023 to $6.77 billion in 2024 at a compound annual growth rate (CAGR) of 4.7%. The growth in the historic period can be attributed to rise in healthcare expenditure, government initiatives, convenience of treatment, and changes in lifestyles. The radiopharmaceuticals market size is expected to see rapid growth in the next few

Global Petrochemicals Market 2024-2033: Trends, Growth and Analysis Forecast

The petrochemicals market size has grown strongly in recent years. It will grow from $692.11 billion in 2023 to $730.54 billion in 2024 at a compound annual growth rate (CAGR) of 5.6%. The growth in the historic period can be attributed to economic growth in emerging markets, growth of the packaging industry, low interest rate environment, and global population growth. The petrochemicals market size is expected to see strong

Out-of-Home Advertising Market 2024-2033: Size, Share & Competitive Landscape

The out-of-home advertising market size has grown strongly in recent years. It will grow from $29.8 billion in 2023 to $31.7 billion in 2024 at a compound annual growth rate (CAGR) of 6.4%. The growth in the historic period can be attributed to rapid economic growth in emerging markets, rise of globalization, rise in transit advertising and rapid technology development. The out-of-home advertising market size is expected to see

Next Generation Sequencing Market 2024-2033: Growth Trends & Forecast Analysis

The next generation sequencing market size has grown rapidly in recent years. It will grow from $10.44 billion in 2023 to $11.83 billion in 2024 at a compound annual growth rate (CAGR) of 13.3%. The growth in the historic period can be attributed to rise in funding, increased healthcare expenditure, emerging markets growth, rapid technological advances and rapid growth in elderly population. The next generation sequencing market size is

Metal Products Market 2024-2033: Analysis, Trends & Forecast Outlook

The metal products market size has grown strongly in recent years. It will grow from $2749.3 billion in 2023 to $2912.86 billion in 2024 at a compound annual growth rate (CAGR) of 5.9%. The growth in the historic period can be attributed to strong economic growth in emerging markets, a rapid growth in the automotive industry, rapid technological advances and expansion of the steel sector. The metal products market

Low Voltage Switchgear Market 2024-2033: Trends, Growth & Competitive Landscape …

The low voltage switchgear market size has grown strongly in recent years. It will grow from $30.92 billion in 2023 to $33.35 billion in 2024 at a compound annual growth rate (CAGR) of 7.9%. The growth in the historic period can be attributed to rise in power consumption, a rise in government initiatives, a rise in technological advancements, economic growth in emerging markets and an increase in investments. The

Global IT Services Market 2024-2033: Size, Share & Analysis Forecast Report

The it services market size has grown strongly in recent years. It will grow from $3414.09 billion in 2023 to $3615.86 billion in 2024 at a compound annual growth rate (CAGR) of 5.9%. The growth in the historic period can be attributed to the increased internet penetration, the growing adoption of the cloud in smes, the increasing government support and the coronavirus pandemic. The it services market size is

Global Hydrogen Market 2024-2033: Growth Trends, Forecast and Competitive Landsc …

The hydrogen market size has grown rapidly in recent years. It will grow from $15.98 billion in 2023 to $18.82 billion in 2024 at a compound annual growth rate (CAGR) of 17.7%. The growth in the historic period can be attributed to strong economic growth in emerging markets, an increased demand from the chemical industry and extensive deployment of hydrogen fuel cell vehicles. The hydrogen market size is expected

Hearing Aid Devices and Equipment Market 2024-2033: Analysis, Trends & Growth Fo …

The hearing aid devices and equipment market size has grown strongly in recent years. It will grow from $10.92 billion in 2023 to $11.67 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to increased older population, increased noise pollution, government investments in the market, increased mergers and acquisitions, strong economic growth in emerging markets, and

Freight Chartered Air Transport Market 2024-2033: Size, Share & Forecast Outlook

The freight chartered air transport market size has grown rapidly in recent years. It will grow from $27.07 billion in 2023 to $30.19 billion in 2024 at a compound annual growth rate (CAGR) of 11.5%. The growth in the historic period can be attributed to strong economic growth in emerging markets, growth of air cargo transportation and ocean shipping delays. The freight chartered air transport market size is expected

Fabrics Market 2024-2033: Trends, Growth & Competitive Landscape Analysis

The fabrics market size has grown strongly in recent years. It will grow from $116.67 billion in 2023 to $123.42 billion in 2024 at a compound annual growth rate (CAGR) of 5.8%. The growth in the historic period can be attributed to strong economic growth in emerging markets, rapid growth in the automotive industry and increased demand for man-made fibers. The fabrics market size is expected to see steady

Aircraft Electrification Market Trends, Growth Opportunities, Business Insights …

The aircraft electrification market size has grown rapidly in recent years. It will grow from $5.54 billion in 2023 to $6.46 billion in 2024 at a compound annual growth rate (CAGR) of 16.7%. The growth in the historic period can be attributed to rise in air travel, an increase in demand for hybrid and electric propulsion aircraft, an increase in military spending, strong economic growth in emerging markets,

Wood Products Market Size, Trends And Forecast To 2033

The wood products market size has grown strongly in recent years. It will grow from $750.14 billion in 2023 to $805.03 billion in 2024 at a compound annual growth rate (CAGR) of 7.3%. The growth in the historic period can be attributed to strong emerging markets growth, low interest rates, growth in world population, increasing demand for cruise ships and growth in residential construction activity. The wood products market

Veterinary Pharmaceuticals Market Analysis 2024 - By Type, By Offering And End-U …

The veterinary pharmaceuticals market size has grown strongly in recent years. It will grow from $32.53 billion in 2023 to $35.05 billion in 2024 at a compound annual growth rate (CAGR) of 7.8%. The growth in the historic period can be attributed to increased pet population, the increased overall spending by individuals on pets, the growing penetration of e-commerce platforms promoting online pharmacies, the emerging markets growth, the

Television Broadcasting Market (2024-2033)- Industry Share, Growth, Price And Tr …

The television broadcasting market size has grown strongly in recent years. It will grow from $290.38 billion in 2023 to $308.58 billion in 2024 at a compound annual growth rate (CAGR) of 6.3%. The growth in the historic period can be attributed to increase in tv show budgets by studios, increase in popularity of audio and video broadcasting, and rise in disposable income. The television broadcasting market size is

Spectator Sports Market Industry Share And Forecast To 2033

The spectator sports market size has grown strongly in recent years. It will grow from $171.06 billion in 2023 to $182.4 billion in 2024 at a compound annual growth rate (CAGR) of 6.6%. The growth in the historic period can be attributed to emerging markets growth, and rapid urbanization. The spectator sports market size is expected to see strong growth in the next few years. It will grow to

Ship Building Market Future Scope, Size, Growth Trends, Demand And Forecast To 2 …

The ship building market size has grown strongly in recent years. It will grow from $207.15 billion in 2023 to $220.52 billion in 2024 at a compound annual growth rate (CAGR) of 6.5%. The growth in the historic period can be attributed to economic growth in emerging markets, an increasing demand for cruise ships, increasing seaborne trade and favorable government initiatives. The ship building market size is expected to

Retail Market Global Outlook, Development, Share Analysis And Future Forecast To …

The retail market size has grown strongly in recent years. It will grow from $28846.57 billion in 2023 to $31310.6 billion in 2024 at a compound annual growth rate (CAGR) of 8.5%. The growth in the historic period can be attributed to rapid economic growth in emerging markets, increasing population density in urban areas, foreign direct investment (fdi) in the sector, rising popularity of franchising concept, growing demand

Polyethylene Terephthalate Market Size, Top key Players, Emerging Trends And Pro …

The polyethylene terephthalate market size has grown strongly in recent years. It will grow from $43.22 billion in 2023 to $47.3 billion in 2024 at a compound annual growth rate (CAGR) of 9.4%. The growth in the historic period can be attributed to increased demand for packaged foods, increased automotive production, and increased manufacturing of plastics products.. The polyethylene terephthalate market size is expected to see strong growth in

Aerospace Materials Market Size, Share, Segment Analysis And Forecast To 2033

The aerospace materials market size has grown strongly in recent years. It will grow from $22.6 billion in 2023 to $24.57 billion in 2024 at a compound annual growth rate (CAGR) of 8.7%. The growth in the historic period can be attributed to strong economic growth in emerging markets, increased demand for air travel and increasing military spending.. The aerospace materials market size is expected to see strong growth

Wealth Management Market Size, Share Analysis, Growth Trends And Global Forecast …

The wealth management market size has grown strongly in recent years. It will grow from $1900.34 billion in 2023 to $2033.05 billion in 2024 at a compound annual growth rate (CAGR) of 7.0%. The growth in the historic period can be attributed to strong emerging markets growth, growth in the number of high-net-worth individuals, digitization and increased internet penetration. The wealth management market size is expected to see strong

Pegfilgrastim Biosimilars Market Insights, Overview, Share And Forecast To 2033

The pegfilgrastim biosimilars market size has grown rapidly in recent years. It will grow from $1.59 billion in 2023 to $1.75 billion in 2024 at a compound annual growth rate (CAGR) of 10.0%. The growth in the historic period can be attributed to increase in cancer prevalence, government initiatives, increased healthcare expenditure, increase in biopharmaceutical r&d expenditure, low cost of biosimilars, and high penetration of the biosimilar drugs. The

Value Based Care Payment Market Demand, Growth Prediction, Segments And Outlook …

The value based care payment market size has grown rapidly in recent years. It will grow from $2.47 billion in 2023 to $2.77 billion in 2024 at a compound annual growth rate (CAGR) of 12.1%. The growth in the historic period can be attributed to strong economic growth in emerging markets, a rise in healthcare expenditure, growing usage of digital healthcare infrastructure and a rapid development in

Synthetic Biology Market Size, Report, Share, Overview And Future Forecast To 20 …

The synthetic biology market size has grown exponentially in recent years. It will grow from $16.59 billion in 2023 to $21.02 billion in 2024 at a compound annual growth rate (CAGR) of 26.7%. The growth in the historic period can be attributed to increasing healthcare and life science facilities, increasing investment in drug, wide application in end-user industries, low cost of dna sequencing and synthesizing, and rise in

Operating Room Equipment Market 2024: Latest Trends, Growth Rate, Opportunity As …

The operating room equipment market size has grown strongly in recent years. It will grow from $17.13 billion in 2023 to $18.33 billion in 2024 at a compound annual growth rate (CAGR) of 7.0%. The growth in the historic period can be attributed to rapid growth in the elderly population, favorable government decisions and increased healthcare spending and by rapid growth in emerging markets. The operating room equipment market

Smart Wearables Market Size, Share, Trends, Insights And Forecast To 2033

The smart wearables market size has grown rapidly in recent years. It will grow from $23.33 billion in 2023 to $26.36 billion in 2024 at a compound annual growth rate (CAGR) of 13.0%. The growth in the historic period can be attributed to resulted from strong economic growth in emerging markets, increased internet penetration, increasing millennial population, increase in internet penetration and greater acceptance of smart technologies. The smart

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