Press Releases from Orion Market Research (27131 total)
Digestive Health Drinks and Food Market Analysis, Size, Current Scenario and Fut …
The global digestive health drinks and food market is anticipated to grow at a CAGR of 7.4% during the forecast period. Consumers are increasingly shifting towards organic and clean label products that are made of natural, organic, and non-GMO ingredients and deliver functional, plant-based nutrition. Health-conscious consumers are becoming more attentive to product formulation which is inclining them towards health drinks featuring organic and clean labels. Formulators are responding to…
Digestive Health Supplements Market Will Generate Record Revenue by 2029
Digestive Health Supplements Market is anticipated to grow at a significant CAGR of around 8.6% during the forecast period. The market is highly competitive with the presence of many players. High investments in R&D activities and product innovation have led them to gain major market share in the global mark. For instance, in March 2021, Pantheryx Inc announced that it had acquired TruBiotics, a probiotic supplement brand, and its trademarks…
Digestion Aids Market to Witness Robust Expansion by 2029
Digestion Aids Market is anticipated to grow at a significant CAGR during the forecast period. The market growth is largely attributable to the growing prevalence of digestive diseases all over the globe. The underlying cause of such diseases lies in the sedentary lifestyle. This, in turn, is driving the demand for digestion aids products. In various developed economies where growing health awareness has resulted in an elevated per capita expenditure,…
Asia-Pacific Product Engineering Services Market 2023 Driving Factors Forecast R …
Asia-Pacific product engineering services market is projected to grow at a significant CAGR of around 9.5% during the forecast period. The growth of the product engineering services market in Asia-Pacific is backed by the presence of end-use industries of product engineering services on a large scale. China contributes a major share in the product engineering services market in Asia-Pacific. This is due to the fact that China is the largest manufacturer…
Vacuum Pump Market Worldwide Industry Analysis, Future Demand and Forecast till …
The global vacuum pump market is anticipated to grow significantly at a CAGR of 4.8% over the forecast period. The key aspect that drives the growth of the global vacuum pump market includes the significant growth in the semiconductor industry across the globe. The semiconductor industry is one of the major applications of vacuum pumps, accrediting to the increasing popularity of electronic equipment across the globe. Further, an increase in the power…
Water-Jet Propulsion Device Market Will Generate Record Revenue by 2029
The global water-jet propulsion device market is anticipated to grow at a considerable CAGR of 5.8% during the forecast period. The key market drivers are the advantages of water-jet propulsion. These systems allow vessels to achieve high speeds and improved maneuverability compared to traditional propeller systems. This makes waterjet propulsion ideal for applications such as high-speed ferries, military and defense vessels, and offshore operations. Waterjet propulsion systems also have fewer moving parts…
Usage-based Insurance Market Outlook 2029: Presents Market Insights & Depth Anal …
Usage-based insurance market is anticipated to grow at a significant CAGR of nearly 27.9% during the forecast period. The major factors that drive the growth of the UBI market include the growing automobile industry across the globe, along with the increasing technological advancements in both developing & developed countries. For instance, In July 2018, the Canadian Automobile Association (CAA) introduced a new auto insurance program, CAA MyPace for infrequent drivers,…
Network Forensic Market to Witness Astonishing Growth by 2029
The global network forensic market is anticipated to grow at a CAGR of 11.2% during the forecast period. Funding allotted by the regulatory bodies for promoting the network forensic solution to deploy in various industries such as government bodies, corporate, and manufacturing units is expected to drive the growth of the market in the coming years. For instance, in December 2021, Florida International University's Knight Foundation School of Computing and Information Sciences…
Noise Mitigation System Market Booming Worldwide with Latest Trend and Future Sc …
The global noise mitigation system market is anticipated to grow at a considerable CAGR of 7.3% during the forecast period. The presence of major market players such as Metal Form Manufacturing LLC, Noise Barriers, Pyrotek, Miltrex and others are adopting numerous strategies which include, partnership, collaboration, funding, and expansion to remain competitive in the global market is projected to drive market growth. For instance-
In June 2022, Mitrex released its latest product-a photovoltaic…
Metamaterial Technology Market 2023 Driving Factors Forecast Research 2029
Metamaterial technology market is anticipated to grow at a significant CAGR of around 30.5% during the forecast period. The major factor driving the growth of the market include increasing demand for matematerial technologies in healthcare devices, solar power systems, drones, anti-laser coating applications, and other engineering areas. The rapid advancements in 5G technology is further creating scope for the metamaterials, leading to the market growth. Magnetic Resonance Imaging (MRI) is…
Customer Advocacy Software Market to Witness Robust Expansion by 2029
Customer advocacy software market is estimated to grow at a significant CAGR during the forecast period. The customer advocacy software market growth is attributed to the faster deployment of new capabilities, including the introduction of advanced technologies such as AI. In the case of conventional on-premise service-based systems deployment of new IT-based technologies for improving the business, capabilities and expanding new capabilities take time. Besides, getting a new on-premise application…
Commercial Drones Market Worldwide Industry Analysis, Future Demand and Forecast …
Commercial drones market is growing at a CAGR of 17.5% during the forecast period. The factors that augment the growth of the market include increasing demand in varied applications, reduction in size, and technical advancement. Drones are aircraft-flying devices without a human pilot aboard. UAVs are a component of an unmanned aircraft system (UAS) which includes a UAV, a system of communications between the two, and a ground-based controller. The…
3D CAD (Computer Aided Design) Software Market is Anticipated to Increase at a S …
3D CAD software market is anticipated to grow at a significant CAGR of 7.9% during the forecast period. The rising use of 3D CAD software in designing and crafting products is driving the growth of the 3D CAD Software Market. This software offers several advantages in managing complex designs including increased accuracy, automating common processes, and making quick changes to the designs. It also allows users to access libraries of…
Online Powersports Market Analysis, Size, Current Scenario and Future Prospects
The global online powersports market is anticipated to grow at a considerable CAGR of 4.3% during the forecast period. The increasing number of off-road and recreational activities across the globe is one of the prime factors affecting and driving the market for online powersports. There have been increasing trends of formula off-road racing programs such as Britpart MSA British Cross-Country Championship which is considered as one of the most extreme off-road racing…
Fuel Cell Electric Vehicle Market Comprehensive Insight by Growth Rate, Industry …
The global fuel cell electric vehicle market is anticipated to grow at a considerable CAGR of 2.9% during the forecast period (2023-2030). Some of the primary factors that are fueling the fuel cell vehicle market is the enthusiasm of market players to participate in the competition with their new launches. There are five most exciting fuel cell electric vehicles among the others in the line to be launched in coming next fuve…
Automotive Fabric Market 2023 Driving Factors Forecast Research 2029
The global automotive fabric market is anticipated to grow at a CAGR of 3.0% during the forecast period. The major strategic moves such as partnerships, collaborations, invention, and innovation adopted by key market players such as Darlington, Toyota, Seiren Group, Southwest and Fabrics & Foam Products, L.P., lead to higher growth of the market in the coming year.
Recent Developments
January 2022- Fiber Industries announced to expand operations in Darlington County. The company provides…
Automobile Gyroscope Market to Witness Growth Acceleration by 2030
The global automotive fabric market is anticipated to grow at a CAGR of 3.0% during the forecast period. The major strategic moves such as partnerships, collaborations, invention, and innovation adopted by key market players such as Darlington, Toyota, Seiren Group, Southwest and Fabrics & Foam Products, L.P., lead to higher growth of the market in the coming year.
Recent Developments
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Hair Loss Products Market Worldwide Industry Analysis, Future Demand and Forecas …
Hair Loss Products Market is anticipated to grow at a considerable CAGR of 5.5% during the forecast period. The increasing chronic disease prevalence that includes alopecia areata across the globe is one of the prime factors affecting and driving the market for hair loss treatment. Alopecia areata is considered a chronic, relapsing, and immune-mediated inflammatory disorder that impacts and affects hair follicles leading to non-scarring hair loss. The seriousness of…
North American Smart Home Security Camera Market 2023 Driving Factors Forecast R …
The North American smart home security camera market is anticipated to showcase a considerable growth rate during the forecast period. The economic stability, rising spending on security appliances, and the high purchasing power of consumers are the other prominent motivators for residents to invest in smart home security cameras, which in turn is expected to drive the regional market share. The US is anticipated to hold considerable market share in…
UK Smart Home Security Camera Market 2023 Driving Factors Forecast Research 2029
UK smart home security camera market is anticipated to showcase a considerable growth rate during the forecast period. Rising penetration of smart homes, growing sales of smart home devices, and increasing spending of consumers on home automation products are among the key factors that are driving the growth of the market in the UK. The prevalent trend of one person or two-person households in the country is promoting consumers to…
US Smart Home Security Camera Market 2023 Driving Factors Forecast Research 2029
The US smart home security camera market is anticipated to showcase a considerable growth rate during the forecast period. The trend of single living is most prevalent in the country which creates demand for smart home cameras for home surveillance in absence of residents. Besides self-monitoring, these modern cameras offer a wide range of features ranging from facial recognition technology, voice control, and can give notification via mobile app. The…
Restaurant Point-of-Sale (POS) Terminals Market 2023 Driving Factors Forecast Re …
The global restaurant point-of-sale (POS) terminals market is estimated to grow at a CAGR of 7.8% during the forecast period. Expansion of food outlets and emerging demand for advanced payment options in the restaurants are primarily leveraging the adoption of POS terminals. An increasing number of food outlets have been witnessed owing to the rising shift towards western-style diets. Several major food outlets such as McDonald's, Domino's Pizza, and Pizza…
Asia-Pacific Restaurant Point-of-Sale (POS) Terminals Market 2023 Driving Factor …
Asia-Pacific restaurant point-of-sale (POS) terminals market is estimated to grow at a CAGR 9.3% during the forecast period. Expansion of quick-service restaurants (QSR) and increasing demand for advanced payment processing systems in the hospitality industry are some pivotal factors accelerating market growth. QSR such as KFC, McDonald's, and Burger King have been expanding their presence and customer base in the region. Therefore, these restaurants are focusing on increasing their food…
European Restaurant Point-of-Sale (POS) Terminals Market 2023 Driving Factors Fo …
European restaurant point-of-sale (POS) terminals market is estimated to grow at a CAGR of 7.1% during the forecast period. Increasing demand for cloud-based POS solutions and expansion of restaurants chain are some pivotal factors accelerating the market growth. The demand for cloud-based POS systems has been emerging in the region owing to the increasing demand for scalable, cost-effective, security, and ease of use platform. These systems operate on mobile POS…
Indian Restaurant Point-of-Sale (POS) Terminals Market 2023 Driving Factors Fore …
Indian restaurant point-of-sale (POS) terminals market is estimated to grow at a CAGR of 9.5% during the forecast period. Rising urbanization and increasing restaurant chains are pivotal factors driving the market growth. United Nations (UN) projected that India will have added 416 million urban dwellers by 2050. The rising urbanizations result in an increasing shift towards western-style diets, which leads to an expansion of restaurant chains in the country. Domino's…
North American Restaurant Point-of-Sale (POS) Terminals Market 2023 Driving Fact …
North American restaurant point-of-sale (POS) terminals market is estimated to grow at a CAGR 6.8% during the forecast period. Increasing number of restaurants and rising demand for mobile POS are some pivotal factors encouraging the market growth. National Restaurant Association anticipates $899 billion sales of the US restaurant industry in 2020. By 2030, 1.6 million new restaurant jobs will be created in the US. This is expected to drive the…
US Restaurant Point-of-Sale (POS) Terminals Market 2023 Driving Factors Forecast …
The US restaurant point-of-sale (POS) terminals market is estimated to grow at a CAGR of 6.9% during the forecast period. Rising demand for cloud-based POS systems and the expansion of restaurant chains are pivotal factors that accelerate market growth. Increasing adoption of cloud-based POS systems has been witnessed in large, small, and medium-sized restaurants, owing to its scalability, cost-effectiveness, ease of use, and security. Owing to the increasing demand for…
Collimating Lenses Market Worldwide Industry Analysis, Future Demand and Forecas …
Collimating lenses market is expected to grow at a significant CAGR during the forecast period. Collimating lenses are optical lenses that convert divergent streams of radiation, such as light into parallel beams. Simply by selecting the suitable lens characteristics and focal distance, light can be collimated with high frequency. In most cases, a collimating lens system consists of a tube with one or more lenses. These lenses can be connected…
Fire Alarm System Market 2023 Driving Factors Forecast Research 2029
The global fire alarm system market is projected to grow at a considerable CAGR of 7.2% during the forecast period (2023-2029). A sudden outburst of fire can have a far-reaching negative impact on the institution's buildings, contents, and mission. Collections damage, operations and mission damage, structure damage, knowledge loss, injury or loss of life, and the threat to buildings security among others are the major severe consequences of fire outbreak.…
US Fire Alarm System Market 2023 Driving Factors Forecast Research 2029
The US fire alarm system market is anticipated to exhibit a considerable CAGR of 7.5% during the forecast period. Fire alarm systems are in high demand in the region, owing to proper implementation of state and national policies and building codes to improve fire safety, educational campaigns focusing on smoke detectors, and behavioral changes such as the gradual decline in smoking rates. The growing adoption of fire alarm systems in…
Asia-Pacific Smart Meters Market 2023 Driving Factors Forecast Research 2029
Asia-Pacific smart meters market is estimated to grow at a CAGR of 7.5% during the forecast period. The major factor that propels the market growth in the region includes the rising smart city projects and partnerships for the development of smart meters. A significant rise in consumption of utilities such as electricity, water, and gas is expected by the economies such as China and India in the upcoming period, due…
European Smart Meters Market 2023 Driving Factors Forecast Research 2029
European smart meters market is estimated to grow at a CAGR of 5.8% during the forecast period. The major factor that propels the market growth includes the rising inclination towards smart metering solutions over conventional meters in the residential and commercial sector due to various benefits such as cost-cutting, easy management, and theft detection. Moreover, the significant growth in the smart city projects with the joint efforts by the government…
Indian Smart Meters Market 2023 Driving Factors Forecast Research 2029
Indian smart meters market is estimated to grow at a CAGR of 8.3% during the forecast period. The market is driven by government funding for smart city projects in the country. The government has plans to build 90 smart cities by 2022. The Indian government had launched a Smart City Mission for building 100 Smart Cities in 2015. In this context, adequate availability of smart meters is one of the…
North American Smart Meters Market 2023 Driving Factors Forecast Research 2029
North American smart meters market is estimated to grow at a CAGR of 5.6% during the forecast period. The market is driven by the rising trend towards smart metering solutions in the region due to their cost-effectiveness, reduction of theft and maintaining utility revenues, and others. Moreover, several smart city initiatives taken by the government in the region and implementation of various smart metering solutions for effective management of…
UK Smart Meters Market 2023 Driving Factors Forecast Research 2029
UK smart meters market is estimated to grow significantly during the forecast period. Supportive government programs, the rising deployment of smart meters in domestic and industrial sectors, and the rising intervention of the large suppliers in the deployment of smart meters in the country are some of the key factors to drive the growth of the market in the UK. According to the Government of UK, as of March 2019,…
Collagen Peptides Market Competitive Landscape, Growth Factors, Revenue Analysis …
Collagen peptides market is expected to grow at a significant CAGR during the forecast period. Collagen peptide sales have been driven globally by rising demand in key areas such as dietary supplements, nutritional bars, drinks, and aesthetic goods. The demand for collagen peptide products has been supplemented by global socioeconomic dynamics, such as the growing geriatric population, the growing popularity of a preventive approach to lifestyle diseases, and the growing…
US Smart Meters Market 2023 Driving Factors Forecast Research 2029
US smart meters market is estimated to grow at a CAGR of 5.5% during the forecast period. The market is backed by significant installations of smart meters in the country. In 2018, the US utilities witnessed nearly 86.8 million advanced metering infrastructure (AMI) installations. Out of this, 88% of the installations were in the residential sector. In 2017, there were 1,308,715 miles of distribution mains, and 927,012 miles of…
Asia-Pacific Electronic Sensors Market 2023 Driving Factors Forecast Research 20 …
Asia-Pacific electronic sensors market is estimated to grow at a CAGR of 9.4% during the forecast period. The significant market is due to various consumer electronics manufacturing locations in the region. China is a hub for global companies for manufacturing consumer electronics including smartphones. Moreover, countries such as India, Vietnam, Taiwan, Philippines also have a number of smartphone manufacturing sites that export final products all across the globe. In addition…
European Electronic Sensors Market 2023 Driving Factors Forecast Research 2029
The European electronic sensors market is estimated to grow at a CAGR of 8.4% during the forecast period. Advancement in the automotive industry, healthcare, security including others is the major factors that are propelling the market growth. In addition, Europe has a huge potential for the growth of the electronics market, owing to an advanced economy. EU is one of the unique economic and political unions amongst countries that together…
Indian Electronic Sensors Market 2023 Driving Factors Forecast Research 2029
Indian electronic sensors market is estimated to grow at a CAGR of 10.5% during the forecast period. The market is mainly driven due to the rising demand for consumer electronics such as smartphones, cameras, and other equipment; growing digital solutions in the industrial sector, and increasing adoption of sensors in the automotive sector. The growing number of smartphone users in the country is anticipated to be the major factor that…
Collagen Biomaterials Market Worldwide Industry Analysis, Future Demand and Fore …
Collagen biomaterials market is expected to grow at a significant CAGR during the forecast period. Collagen is a protein class, and collagen-based biomaterial applications are becoming increasingly popular in the tissue engineering field. The tissue engineered collagen biomaterial market is being driven by rigorous R&D activities in regenerative medicine and the increased use of collagen as a bone substitute. Collagen has become more popular as a bone substitute in recent…
Marine Management Software Market Share, Trends, Future Outlook, Analysis and Fo …
The global marine management software market is anticipated to grow at a CAGR of around 7.8% during the forecast period. The market players are considerably contributing to the market growth by adopting various strategies including mergers and acquisitions, collaborations, and new product launches, to stay competitive in the market.
For instance, Lloyd's Register had partnered with Falkonry in April 2021, to combine their predictive digital twins with asset performance and risk…
Machine Vision Market Share, Trends, Future Outlook, Analysis and Forecast 2023- …
The global machine vision market is anticipated to grow at a considerable CAGR of 7.3% during the forecast period. The key companies operating in the industry are highly inclined towards the adoption of different growth strategies including capacity expansion, partnerships, mergers and acquisitions, geographical expansion, new product launches, and product innovation to remain competitive in the marketplace this is anticipated to positively impact significant market growth. Hence owing to the…
Magnetic Sensor Market Share, Trends, Future Outlook, Analysis and Forecast 2023 …
The global magnetic sensor market is estimated to grow at a CAGR of over 6% during the forecast period. The key players operating in the global magnetic sensor industry include NXP Semiconductors N.V., Honeywell International Inc., Infineon Technologies AG, ST Microelectronics N.V., Texas Instruments Inc., Alps Alpine Co. Ltd., AMS AG, and Asahi Kasei Microdevices Corp., among others. These players are significantly contributing to the market.
Some of the strategies that…
Manufacturing Execution System Market Trends, Segmentation, Growth, Analysis and …
The global market for manufacturing execution system is projected to have considerable CAGR of around 5.6% during the forecast period. The market growth is mainly backed by the growing industrial automation in various sector such as automotive, oil & gas, pharmaceuticals and others. By applying the management execution system with automation technology, the manufacturers are advance their manufacturing operations for the expressed purpose of improving productivity while reducing human engagement.…
Meat Stabilizers Blends Market Share, Trends, Future Outlook, Analysis and Forec …
The global meat stabilizers blends market is projected to exhibit a significant growth, at a CAGR of around 7.5%, during the forecast period. The global meat consumption has been tripled in the last four decades and increased 20% in just the last 10 years, as per the World Watch Institute. Urbanization is also one of the major driving forces influencing global demand for meat products. There is an increasing demand…
Livestock Management Market Share, Trends, Future Outlook, Analysis and Forecast …
The global livestock management market is projected to grow at a CAGR of over 10% during the forecast period. The primary factors that drive the growth of the global livestock management industry include the increased adoption of these systems owing to the availability of technologically enhanced and advanced products, designed and manufactured by the key players. Integration of IoT and AI has encouraged the increased adoption of these devices for…
Low Noise Amplifier Market Share, Trends, Future Outlook, Analysis and Forecast …
The global low noise amplifiers market is anticipated to grow at a considerable CAGR of 12.5% during the forecast period. Furthermore, the increasing adoption of consumer electronic devices such as smartphones, tablets, laptops, portable media players, portable navigation devices, gaming consoles, and digital cameras are augmenting the market growth by increasing the sale of low noise amplifiers. Low noise amplifiers are majorly used in consumer electronic devices for wireless connectivity…
Loyalty Management Market
The global loyalty management market is anticipated to grow at a CAGR of 15.6% during the forecast period. The rising inclination of customers towards the loyalty programs is expected to drive the global loyalty management market. With increasing digitalization, there has been an increasing engagement of the consumers to the brands via digital touchpoints. These digital interactions are experienced by the customers via smartphones, websites, and social media; which are…
Lung Cancer Therapeutics Market Share, Trends, Future Outlook, Analysis and Fore …
The global lung cancer therapeutics market is anticipated to grow at a CAGR of 8.7% during the forecast period. The key factor to drive the market growth is the rising number of smokers in various countries that is the leading risk factor for lung cancer. According to the American Cancer Society, smoking is thought to be responsible for approximately 80% of lung cancer deaths, and this estimate is likely to…
