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Press Releases from Orion Market Research (20312 total)

Convertible Roof System Market Analysis, Size, Current Scenario and Future Prosp …

The global convertible roof system market is anticipated to grow at a considerable CAGR of 3.9% during the forecast period (2022-2028). The convertible roof top vehicle has been driven by the consistent development in the technologies and the new vehicle launches in the market. This constant participation of the market players has been making the market more and more competitive. In recent years, market players have offered several vehicles in

Airport Information Systems Market to see Rapid Growth by 2028

The global airport information systems market is anticipated to grow at a substantial CAGR of 3.3% during the forecast period. One of the key factors boosting the market includes the growing establishment of airport infrastructure across the globe. For instance, in November 2021, the Airports Authority of India (AAI) announced an investment of $3.3 billion for upgrading and renovating all the existing airports in the country. The major motive behind

Automotive Automated Parking System Market Worldwide Industry Analysis, Future D …

The global automotive automated parking system market is anticipated to grow at a considerable CAGR of 15.4% during the forecast period. The primary factor that is fueling the market growth is the growing safety awareness among vehicle users in the past few years as road accidents growing significantly. As per the United Nations (UN) report, in December 2021, road accidents caused 1.3 million deaths every year. This has increased the demand for

Pharmaceutical Glass Packaging Market 2022 Driving Factors Forecast Research 202 …

The global pharmaceutical glass packaging market is anticipated to grow at a CAGR of 5.4% during the forecast period (2020-2026). The key factors that drive the growth of the market include the increased demand for glass packaging products as they do not react with medicine or drug. Glass packaging products are also non-reactive with other chemicals, clean, dust-free as well as recyclable, owing to which these glass products are highly

US Bioplastic Packaging Market 2022 Driving Factors Forecast Research 2028

The US bioplastic packaging market is projected to grow at a significant CAGR during the forecast period (2020-2026). The growth of the bioplastic packaging industry is primarily driven by the rapid growth in end-user industries such as food & beverage, pharmaceutical, personal care, and others. The players in these industries have shifted their preferences of packaging products from non-biodegradable to biodegradable bio-based products owing to the rising environmental concerns. Besides,

North American Bioplastic Packaging Market 2022 Driving Factors Forecast Researc …

The North American bioplastic packaging market is projected to grow at a significant CAGR during the forecast period (2020-2026). The key factors that drive the growth of the bioplastic packaging industry include the increased demand for bio-based packaging in various end-user industries. There has also been an inclination of consumers towards the adoption of eco-friendly packaging products, this, in turn, is driving the growth of the North American bioplastic packaging

Indian Bioplastic Packaging Market 2022 Driving Factors Forecast Research 2028

The Indian bioplastic packaging market is projected to grow at a significant CAGR during the forecast period (2020-2026). The key factors that drive the growth of the market include the rapidly growing population and their inclination towards the adoption of bio-based packaging options. Besides, the packaging companies are also shifting their focus towards the use of multi-use plastics or biodegradable packaging products, which is creating ample opportunities for the market

European Bioplastic Packaging Market 2022 Driving Factors Forecast Research 2028

The European bioplastic packaging market is projected to grow at a significant CAGR during the forecast period (2020-2026). The key factors that drive the growth of the market include the increased acceptance of bioplastics across various end-user industries. Bioplastics are made of renewable raw materials including starch and cellulose. In addition, these bioplastics can be easily decomposed into inorganic compounds, CO2, methane, and water, by the enzymatic action of microorganisms,

Heat-Treated Steel Plates Market to Witness Robust Expansion by 2028

The global heat-treated steel plates market is anticipated to grow at a CAGR of 3.2% during the forecast period. The global heat-treated steel plates market growth is driven by the increasing shipbuilding activities globally, especially in Asia-Pacific countries, such as Japan, South Korea, China, and Southeast Asian countries. Heat-treated steel plates are widely used in shipbuilding for applications, including offshore equipment, repair pieces, and structural parts. Demand for steel plates is projected

Electric Vehicle (EV) Test Equipment Market to Signify Strong Growth by 2022-202 …

The global electric vehicle (EV) test equipment market is anticipated to grow at an exponential CAGR of 22.3% during the forecast period. One of the core factors that is contributing to the exponential growth of the market during the forecast period is the increasing participation and activeness of market players in EV test equipment. In recent times, with the growing demand for EVs, the demand also grew for testing equipment.

Cryptocurrency Payment Apps Market to see Huge Growth by 2028

The global cryptocurrency payment apps market is anticipated to grow at a considerable CAGR of 4.9% during the forecast period. The growing adoption and increasing cryptocurrency payment options is boosting the global cryptocurrency payment apps market. According to Pew Research Center data of 2021, majority of the US adults have heard at least a little about cryptocurrencies auch as Bitcoin or Ether, and 16% personally have invested in, traded or

Blockchain Distributed Ledger Market Value Projected to Expand by 2028

The global blockchain distributed ledger market is anticipated to grow at a significant CAGR of 15.5% during the forecast period. The BFSI companies operating in the global market are rapidly adopting digital ledger technology to secure end-users financial and monetary data & identity. Technology applications including cross-border transactions, clearing and settlements, trade finance platforms, and credit reporting are gaining traction across various end-user industries, this is expected to foster market

Aviation Connectors Market Competitive Landscape, Growth Factors, Revenue Analys …

The global aviation connectors market is anticipated to grow at a CAGR of 5.2% during the forecast period. The demand for commercial passenger & cargo aircraft, civil helicopters, and military aircraft is increasing across the globe, which directly fuels the use of connectors. Furthermore, the rising requirement for modern avionic systems along with the increasing flight safety are some other major factors that are driving the aviation connectors market growth.

Mushroom Packaging Market 2022 Driving Factors Forecast Research 2028

Mushroom packaging market is anticipated to grow at a considerable CAGR of 16.6% during the forecast period. Rising government regulations related to encouraging the adoption of sustainable products and implementing rules and regulations to reduce plastic waste is a major factor contributing to the growth of the mushroom packaging market. Major countries such as India and US are implementing regulations regarding plastics and a ban on single-use plastics which is

Tamper Evident Labels Market 2022 Driving Factors Forecast Research 2028

Tamper-evident labels market is anticipated to grow at a considerable CAGR of 6.1% during the forecast period. The major factor driving the growth of the market includes the rising concern toward product safety coupled with the implementation of stringent regulations to avoid tampering with goods. Product tampering and theft are ongoing issues for brand owners in numerous industries which are increasing the concern for brand protection. Product counterfeit is increasing

Smartwatch Market 2022 Driving Factors Forecast Research 2028

The global smartwatch market is anticipated to grow at a significant CAGR of 19.6% during the forecast period. Increasing internet penetration across the globe, the growing trend of smartphones, and growth in IoT technologies are estimated to be the key motivators of the market. Moreover, technological advancement, changing the technological preference of the young population, and increasing interest of multinational companies in the smartwatch market are also estimated to be

Asia-Pacific Home Entertainment Devices Market 2022 Driving Factors Forecast Res …

The Asia-Pacific home entertainment devices market is anticipated to at a CAGR of 6% during the forecast period. Rising internet penetration, low-prices of entertainment devices, increasing the development of connected innovative products, and a rise in disposable income are some of the primary factors stimulating the growth of the home entertainment devices market in the Asia-Pacific. The prices of these products have also decreased over the last few years. Despite

China Home Entertainment Devices Market 2022 Driving Factors Forecast Research 2 …

The China home entertainment devices market is estimated to grow at a CAGR of more than 6% during the forecast period. China is the most populated country across the globe with an economy of $13.4 trillion, offers enormous potential for the home entertainment devices market. The country, a land of pockets of remarkable growth and opportunities, has witnessed tremendous growth in the home entertainment devices industry in the last few

Automotive Smart Antenna Market to see Rapid Growth by 2028

The global automotive smart antenna market is expected to grow at a significant CAGR during the forecast period. The automotive smart antenna is built in a vehicle or automobile for transmission and receiving of various signals from electronic vehicle devices. This antenna enables the electronic control unit (ECU) of the vehicle to assign a valid action based on the signals received from the vehicle system. The automobiles manufacturer integrate smart

Automotive Sunroof Market Booming Worldwide with Latest Trend and Future Scope b …

The global automotive sunroof market is anticipated to grow at a considerable CAGR of 9.4% during the forecast period (2022-2028). In the past few years, the automotive sunroof's demand has grown exponentially in the Indian vehicle market which is impacting the global automotive sunroof market owing to the huge population, and growing economy of the country has increased the demand for passenger cars which has increased the market players, and

Automotive Robotics Market to Witness Robust Expansion by 2028

The global automotive robotics market is anticipated to grow at a CAGR of 11.1 % during the forecast period (2022-2028). The introduction of robots in automotive industry for different applications is driving the market growth. New developments in the industry will also cater to the growing demand for automotive robotics further surging the market growth. Recent Developments •

Application Security Market Analysis, Size, Current Scenario and Future Prospect …

The global application security market is anticipated to grow at a CAGR of 17.2 % during the forecast period (2022-2028). Application security aims to protect software application code and data against cyber threats. Application security includes improving security practices in the software by eliminating unauthorized access to systems, applications, or data. The target of application security is to prevent attackers from accessing, modifying, or deleting data. The market players are

Aloe Vera Market to see Huge Growth by 2028

The global aloe vera market is anticipated to grow at a considerable CAGR of 7.5% during the forecast period. The aloe vera plant has been used for thousands of years to heal a variety of conditions, most notably burns, wounds, skin irritations, and constipation. It contains numerous vitamins and minerals, enzymes, amino acids, natural sugars, and agents which are anti-inflammatory and anti-microbial in nature. With altering lifestyles and rising pollution

Asia-Pacific Online Entertainment Market Worldwide Industry Analysis, Future Dem …

The Asia-Pacific online entertainment market is anticipated to grow at a CAGR of 18.7% during the forecast period. An increase in smartphone user base and lower data tariff drive the growth of the online entertainment market in Asia-Pacific. Smartphones are internet-enabled devices that are majorly used for online entertainment. For instance, according to the India Brand Equity Foundation, India registered around 502 million smartphone users in 2019, which is almost

European Online Entertainment Market Competitive Landscape, Growth Factors, Reve …

The European online entertainment market is anticipated to at a CAGR of 12.5% during the forecast period. Europe has been holding considerable share in the online entertainment market, and is expected to continue this trend during forecast period, owing to rise in popularity of online gaming and OTT services. Furthermore, the transformational shift from traditional to online gaming has positively impacted the market. Online betting has gained significant traction in

Indian Online Entertainment Market Booming Worldwide with Latest Trend and Futur …

The Indian online entertainment market is estimated to grow at a CAGR of 19.5% during the forecast period. Media consumption across the country is increasingly happening in digital formats. The number of devices capable of streaming digital media has increased significantly, along with the increasing penetration of the internet, which has offered the customers options to access the desired media content, social activity, or entertainment, anywhere, anytime. Media consumption in

Indian Online Entertainment Market Worldwide Industry Analysis, Future Demand an …

The Indian online entertainment market is estimated to grow at a CAGR of 19.5% during the forecast period. Media consumption across the country is increasingly happening in digital formats. The number of devices capable of streaming digital media has increased significantly, along with the increasing penetration of the internet, which has offered the customers options to access the desired media content, social activity, or entertainment, anywhere, anytime. Media consumption in

North American Online Entertainment Market Booming Worldwide with Latest Trend a …

The North American online entertainment market is anticipated to grow at a CAGR of 14.2% during the forecast period. This is majorly attributed to the availability of affordable high bandwidth connections, the presence of a large user base of smartphones, and a high digital literacy rate. Furthermore, early adoptions and favorable responses for technological changes in the entertainment & media industry such as OTT platforms contribute toward the growth of

US Online Entertainment Market Booming Worldwide with Latest Trend and Future Sc …

The US online entertainment market is anticipated to grow at a CAGR of 14.7% during the forecast period. The US dominates the online entertainment industry owing to better connectivity which facilitates OTT app circulation, in addition to the availability of high-speed connectivity, the presence of established content creators and providers in the country, and the significantly higher costs associated with more traditional modes of media consumption (like PayTV) which has

Computational Creativity Market Value Projected to Expand by 2028

The global computational creativity market is anticipated to grow at a significant CAGR during the forecast period. The major factors that are expected to boost the market growth include automation of creative tasks and adoption of computational creativity solutions which would improve the creative process. Moreover, increasing demand for the improvement of creative processes and efficiency of creative professionals is another factor that is expected to drive machine learning (ML)

Compound Feed Market Will Generate Record Revenue by 2028

The global compound feed market is estimated to grow at a CAGR of nearly 4.6% during the forecast period. The increasing livestock population have significantly increased the demand for compound feed. The livestock population is increasing across Asia-Pacific countries due to the increasing demand for meat and growing dairy farming sector. As per the National Dairy Development Board (NDDB), in India, the total livestock population increased from 512.1 million in 2012 to

Compound Camphor Ointment Market Sluggish Growth Rate Foreseen by 2022-2028

The global compound camphor ointment market is anticipated to grow at a significant CAGR during the forecast period. The ointment is an analgesic, which acts as a temporary reliever in pain and itching. Therefore, it finds significant application in the treatment of fungal infections of cold sores, warts, toenails, osteoarthritis and hemorrhoids. Apart from the growing application, the rising prevalence of diseases that cause pain and itching, such as chest

Automatic Industrial Doors Market Is Likely to Experience a Tremendous Growth by …

The global automatic industrial doors market is anticipated to grow at a considerable CAGR of 7.9% during the forecast period. Automated doors have become an integral part of different industries. A wide range of automated doors is available for various operations, including areas with special requirements for temperature control, hygiene, storage and handling of frozen foods, and others. The growth of the global automatic industrial doors market is attributed to

Cognitive Automation Market to see Rapid Growth by 2028

The global cognitive automation market is anticipated to grow at a CAGR of 11.2% during the forecast period.The proactive factors that drive the industry growth includethe increasing usage of the digital workforce and automation technologies in various sectors. Automation technology is widely used in industries to improve their businesses and enhance everyday operations by boosting efficiency and lowering costs, which fuels market growth. The true value of cognitive automation is that it

US 3D Scanning Market to Witness Growth Acceleration by 2028

The US companies contribute a significant market share in the 3D scanning market. The companies, which will share a momentous market share, are 3D Digital Corporation, 3D Systems Inc. Autodesk Inc. and so on. Additionally, more accurate and precise 3D scanners are available in the market of the US, and hence along with the high number of unit sells, it is estimated that the average cost of the scanner will

Unmanned Surface Vehicle (USV) Market Booming Worldwide with Latest Trend and Fu …

The global unmanned surface vehicle (USV) market is estimated to grow at a CAGR of nearly 14.0% during the forecast period. A significant rise in defense contracts for the development of unmanned surface vehicles is offering an opportunity for the growth of the market. The Navy has an increasing interest in USVs for maritime operations. This allows to carry out a comprehensive range of tasks, including intelligence surveillance and reconnaissance

Global Smart Indoor Garden Systems Market Worldwide Industry Analysis, Future De …

The global smart indoor garden systems market is anticipated to grow at a considerable CAGR of 8.1% during the forecast period. The smart indoor gardening system features technology that allows users to grow fresh herbs, vegetables, fruits, as well as flowers in a closed environment with high nutrition without using plant hormones, pesticides, and other harmful substances. Smart indoor gardening systems are compact and have several features such as smart

Global Online Reading Platform Market Competitive Landscape, Growth Factors, Rev …

The global online reading platform market is anticipated to grow at a considerable CAGR of 8.9% during the forecast period. One of the core factors that is fueling the market growth includes the high smartphone and tablet penetration across the globe. Over the past few years, the smartphone and tablet market witnessed exponential sales growth due to an easy excess of internet which enhanced the availability of e-books for most

Pseudomonas Aeruginosa Pneumonia Drug Market Will Generate Record Revenue by 202 …

Pseudomonas is a type of bacteria which is found in the environment, such as in soil and water. Pseudomonas aeruginosa infections occur in people with weakened immune systems or in the hospital where there is a high risk of infection and is risky for patients with chronic lung diseases. The major factor driving the demand for pseudomonas aeruginosa pneumonia drug is the new product launches and drugs approval across the

Proteinase Activated Receptor Market: to Witness Growth Acceleration by 2028

Proteinase-activated receptors (PARs) are a subfamily of G protein-coupled receptors (GPCRs). These receptors have four members which include PAR1, PAR2, PAR3 and PAR4. These receptors play critical applications in hemostasis, thrombosis, embryonic development, wound healing, inflammation and cancer progression. The major factor driving the growth of the global proteinase activated receptor market is the rising prevalence of cancer across the globe. According to the National Cancer Institute (NCI), it was

Global Blood Warmer Market Competitive Landscape, Growth Factors, Revenue Analys …

The global blood warmer market is anticipated to grow at a significant CAGR of 8.9% during the forecast period. A blood warmer is a device used to warm blood, blood products, colloids, and other fluids which reduces the risk of hypothermia. To prevent the blood from the breakdown of the blood cells or hemolysis the refrigerated blood is warmed. The major factor driving the market growth is the increasing number

Global Motorhome Market Worldwide Industry Analysis, Future Demand and Forecast …

The global motorhome market is expected to grow at a CAGR of 8.5% during the forecast period. One of the factors that are fuelling the market growth is the speedily rising demand for comfortable accommodation and travel for large passenger groups. Travelling with family and friends during the time of holidays has been increasing in the past few years across the globe which has raised the demand for motorhome that

LED Grow Light Market to Witness Robust Expansion by 2028

The global LED grow light market is anticipated to grow at a considerable CAGR of around 28.2% during the forecast period (2022-2028). The market players operating in the market are focusing on coming up with new LED grow light technology to aid in growing market demand. In May 2021, NextLight launched a new generation of LED grows light technology with NextLight Mega Pro. NextLight Mega Pro is a High efficient

Latin American Defibrillators Market to Signify Strong Growth by 2022-2028

Latin America is expected to contribute in the defibrillator market, especially in the key regions including Brazil, Mexico and others. Brazil has considerable contribution in the market due to rise in heart diseases across the country. Obesity and overweight are the key factors responsible for heart diseases such as CVD, CDH, HF, and stroke. The government of Brazil is promoting AED and creating awareness about life-threatening diseases such as CVD,

Global Pilates and Yoga Studios Market Worldwide Industry Analysis, Future Deman …

The global pilates and yoga studios market is anticipated to grow at a CAGR of 9.6% during the forecast period. The factors such as changes in lifestyle, growing modernization, and increasing inclination of health-conscious people towards pilates and yoga activities owing to the benefits offered by these activities increase the development of new pilates and yoga studios across the globe. Apart from these, the government initiatives/ efforts towards promoting yoga

Global Opioids Market Competitive Landscape, Growth Factors, Revenue Analysis by …

The global opioids market is anticipated to grow at a CAGR of 3.5% during the forecast period. Opioids can be prescription medications often referred to as painkillers. Many prescription opioids are used to block pain signals between the brain and the body and are typically prescribed to treat moderate to severe pain. In addition to controlling pain, opioids can make some people feel relaxed, happy, or "high," and can be

Humic Acid Market to Witness Rapid Growth by 2028

The global humic acid market is anticipated to grow at a considerable CAGR of 11.4% during the forecast period (2021-2027). Animal feed segment is expected to hold the major share in humic acid market. The use of humic acid in animal feed is beneficial for animal health and their growth. Humic acids improve the digestion, provide protein and calcium, which is beneficial for animal health. As the humic acid improves

Human Rabies Vaccine Market is thriving worldwide by 2028

The global human rabies vaccine market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). The rabies vaccine is administered to prevent rabies. There are a number of such vaccines available found to be both safe and effective. They can be used to prevent rabies before, and for a period after exposure to the rabies virus, commonly caused by a dog bite or a bat bite.

Global Vitreoretinal Surgery Devices Market to see Huge Growth by 2028

The global vitreoretinal surgery devices market is anticipated to grow at a significant CAGR of 5.2% during the forecast period. The rising incidences of eye disorders such as macular degeneration, uveitis, vitreous hemorrhage, macular hole, epiretinal membrane, and glaucoma is the major factor boosting the market growth. According to the Centers for Disease Control and Prevention, in 2020, around3 million Americans were diagnosed with glaucoma, and 2.7 million aged 40

Global Laundry Detergent Market is thriving worldwide by 2028

The global laundry detergent market is anticipated to grow at a considerable CAGR of 5.3% during the forecast period. One of the core factors that is fueling market growth includes the growing urbanization rate. As per the data published by the World Bank, in 2020, 56% of the total population, which is around 4.36 billion, lives in an urban region. It indicates that several people live an urban lifestyle that

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