Press Releases from P&S Intelligence (8081 total)
North America Electric Scooters and Motorcycles Market Will Reach USD 2,348 Mill …
The North American electric scooters and motorcycles market was valued at USD 620 million in 2022, and this number is expected to reach USD 2,348 million by 2030, advancing at a CAGR of 18.10% during 2022-2030, according to P&S Intelligence.
This development can be ascribed to supportive government initiatives, from both federal and state levels. To encourage the acceptance of electric vehicles, the government is offering tax rebates and subsidies…
Exploring the Growth of the Hybrid Electric Car Market
Before we move to the various advantages of hybrid electric cars, let's first understand their mechanism. A hybrid vehicle comprises both the internal combustion engine and electric motor. The batteries provide power to the motor, facilitating the rotation of the wheels either on their own or by supplementing the engine while accelerating.
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Why Is It Hybrid before Electric?
Since hybrid electric cars are a…
Autonomous Mobile Robots Market To Reach USD 10,979 Million by 2030
The total size of the autonomous mobile robots market was USD 3,148 million in 2022, and it will reach a value of USD 10,979 million by 2030, advancing at rate 16.90% in the years to come, as per a report by a market research company, P&S Intelligence.
The logistics category had the largest share of revenue, of about 29% in the past. These robots are chiefly installed for transportation of goods…
Self-Checkout System Market Will Reach USD 9,596.7 Million by 2030
Customers can process their purchases from a shop using self-checkout, also known as a self-service checkout system. They were introduced as a substitute to the standard checkout with cashiers.
The self-checkout system has several advantages, such as lesser labor costs, better pre-order and bulky buy efficiency, and convenience for restaurants and foot shopping as it lets consumers personalize their orders. Self-checkout systems utilize a variety of technologies, including RFID, RFID,…
The Demand for LPG Making a Move in France because of Hybrid Vehicles
Understanding the compensations of LPG before making an investment in it will help you make the most of its usage. LPG is vital industrial fuel, and it has many uses in all manufacturing processes. Furthermore, it is more favored than natural gas since it has lower maintenance, reduced carbon emission, suitability, and price.
The necessity for technical advances and a workable environment have made LPG the best fuel. Besides, its propane…
Europe is Dominating Glycolic Acid Industry - P&S Intelligence
The glycolic acid market was valued at USD 309.3 million in 2021, and it is set to reach USD 604.4 million by 2030, growing at a CAGR of 7.7% between 2021 and 2030, according to a research report by a market research company P&S Intelligence.
In 2021, the personal care and cosmetics category held the largest market share at 58.2%. this is due to glycolic acid being extensively utilized in skincare…
By 2030, Insulation Market Is on Track To Hitting USD 117.4 Billion
Installation of insulation to prevent heat, power, or cloud entrance or loss. Glass fiber is employed similarly to other very diverse sorts of materials that are used for insulation to give insulation for the roof. Glass fiber, often known as glass wool, is made comprised of flexible and twisted fibers and is used to insulate the flow of heat.
This increase may be attributed in large part to the expanding use…
Exploring the Growth Prospects of the Global Mineral Supplements Market: Trends, …
The mineral supplements industry has garnered $13.19 million revenue in 2021, and it is projected to rise at the rate of 5.3% from 2021 to 2030, to generate $21.0 billion in 2030. It is led by the growing adoption of these products that decrease the incidence of chronic diseases, such as osteoporosis, anaemia, and cancer. Additionally, the surging implementation of preventive healthcare practices, associated with the rising prevalence of lifestyle-associated…
Age-Related Macular Degeneration: A Highly Prevalent Eye Disorder in an Aging Wo …
Let's talk about the eye. A magical little organ that gives us the sense of sight, which is the most important sense we have, out of all the five senses (touch, taste, smell, hearing, and sight). Compared to other animals, human beings are heavily reliant on sight as the dominant sense, mainly because our eyes help our brain understand our surroundings much better and in more detail in comparison to…
Revolutionizing Plant Propagation: A Comprehensive Analysis of the Global Microp …
Micropropagation is an artificial procedure of growing plants vegetatively via tissue culture or cell culture methods. In this process of propagation, plants are formed invitro by asexual means of reproduction or by vegetative propagation.
Plants can be formed both asexually i.e., through vegetative parts' multiplication, or sexually, seed making. One of the processes of asexual reproduction is by reproducing genetic replicas of plants that are raised as clonal propagation wherein plants…
Automated Machine Learning Market To Be USD 15,499.3 Million by 2030
In 2022, the automated machine learning market size stood at USD 631.0 million, which is projected to witness a 49.2% CAGR during 2022-2030, reaching USD 15,499.3 million by 2030 as per P&S Intelligence.
The major factors accountable for the development of the market include the growing demand for effective fraud-finding solutions and the rising need for personalized product recommendations.
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In 2022, The platform category…
Floating PV Systems Dominate Floating Solar Panels Industry
A collection of photovoltaic solar panels set on a structure that floats on a body of water, typically a lake or reservoir, is referred to as a floating solar power plant or floating solar farm. The construction of floating solar farms uses floating solar panels.
The usage of floating solar panels has been expanding because they offer a cost-effective, novel, and reliable renewable alternative for utilizing the vacant water surfaces of…
Lubricants Industry Analysis, Leading Players, Growth and Demand Forecast Report …
The energy efficiency of industrial and automotive machinery is significantly increased by lubricants. Internal combustion engines, winches, compressors, motors, gearboxes, and other pieces of machinery on ocean-going ships can operate better and last longer when lubricants are used.
As per the P&S Intelligence, the lubricants market is expected to USD 179,060 million by 2030. This is attributed to various factors, including the expansion of the automotive and other manufacturing sectors in…
Lithium-Ion Battery Industry Share, Growth, Leading Players and Development Fore …
The size of the lithium-ion battery market was valued at USD 49.6 billion in 2022, and it will grow at a CAGR of 16.3% in the years to come, to reach USD 165.6 billion by 2030, as per P&S Intelligence.
The U.S. had a higher revenue share, about 90%, in the recent past, in North America. The high prerequisite for these kind of batteries in the nation is credited to the…
Exploring the Growth and Opportunities in the Global Aromatherapy Market
The aromatherapy market produced $1,687 million in 2021, and it is projected to rise at a rate of 10.80% from 2021 to 2030, to garner $4,248 million revenue in 2030, according to P&S Intelligence.
The increasing requirement for soothing and stress-relieving therapies, led by the busy and stressful schedules, propels the industry. The growing prevalence of dermatological conditions also boosts the consumption of such products, as aromatherapy reduces inflammation and improves…
Biologics CDMO Secondary Packaging Market To Touch USD 3,622.6 Million by 2030
Primary, secondary, and tertiary packaging are the three basic varieties, and it's critical to realize that each level of packaging has a distinct function and must meet a certain standard to deliver goods to customers in a reliable, efficient, and consistent manner. The medication product is enclosed and contained in primary packaging.
The secondary packaging, which bundles packages and further safeguards or labels the pharmaceutical product, is the outer packaging of…
How Sepsis Diagnostics Help People with Infections?
A weakened immune system makes patients more susceptible to viral, bacterial, parasitic, fungal, or other infections, which can result in sepsis, a dangerous consequence. One of the most frequent causes of mortality in medical facilities is sepsis.
Additionally, the immune system responds to an infection by releasing chemicals to fight the infection, which results in sepsis. As it enters the circulation, this causes swelling throughout the body.
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Low Cost and Easy Availability of DG Sets Drive U.A.E. Diesel Generator Market
In 2021, the U.A.E. diesel generator set market accounted for $143.6 million; which is predicted to hit the value of $204.5 million, growing at a 4.0% CAGR from 2021 to 2030. It is credited to the surge in demand for backup and prime power sources in central spaces such as office spaces, retail stores, hotels and hospitals. There is a massive demand for large and medium DG sets for power…
Conversational AI Market To Reach USD 41,890 Million by 2030
Conversational AI offers a wide range of business advantages, including improved customer service, lead generation, and demand generation. Businesses frequently employ these AI-based solutions to increase the efficiency of cross- and up-selling by sales personnel.
Additionally, as the technology develops and becomes more sophisticated, new conversational AI applications will help and/or automate more operational areas.
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By 2030, it is predicted that the conversational AI market…
Student Information System Market Is Predicted To Generate USD 33,246 million by …
A student information system, sometimes known as an SIS, is, in the simplest sense, a digital platform that houses all of the student data for a certain institution. SIS keeps track of every aspect of a student's academic career, from course registration and attendance through grades and course history.
The SIS securely controls all school data rather than retaining handwritten records of student information. It is a crucial component of the…
SD-WAN Market Will Reach USD 30,907.6 Million in 2030
The size of the SD-WAN market was USD 3,514.6 million in 2022, and it will reach USD 30,907.6 million in 2030, with a rate of 31.2% in the years to come, as per a report of a market research firm, P&S Intelligence.
Network security is at all times a precedence for IT executives. With the increasing usage of data worldwide, a wide variety of mission-critical assets, including applications, enterprise info, databases,…
Due to Surging Adoption of AR/VR, Extended Reality Market Will Touch USD 394.8 B …
Extended reality is a term for a collection of visual technologies, such as virtual reality (VR), augmented reality (VR), and mixed reality (MR). An interactive environment is created by using software and equipment that deliver actual sounds and sights. It is currently used in a number of corporate hiring processes, including onboarding and employee training.
As per P&S Intelligence, the extended reality market is expected to hit USD 394.8 billion by…
Green Chemicals Industry Will Be Driven by the Depletion of Fossil Fuels
The green chemicals market is growing, and it is projected to rise at the rate of 8.9% in the near future, to hit $22,039 million by 2030. The major reasons behind the growth of this industry are the increasing acceptance of biobased packaging and increasing concerns pertaining to the exhaustion of fossil fuels.
The bioalcohols category held the largest share in terms of both volume and value in the recent years.…
Water-Based-Adhesive Specialty Tapes Market Driven by Growing Automotive and Hea …
The water-based-adhesive specialty tapes market is growing rapidly and will reach a value of about $9,515 million by 2030. The major reasons attributed to the growth of this industry are, growing product demand from the healthcare sector, expansion of automotive industry and benefits of water-based adhesive tapes over their conventional counterparts.
Based on resin type, the polyvinyl acetate emulsion category had the largest share in terms of both volume and value…
Asia-Pacific To Be the Regional Leader of the Ethylene Vinyl Acetate Industry
The ethylene vinyl acetate market garnered a value $7,060.8 million in 2021, and it is projected to rise at the rate of 7.2% in the near future, to hit 13,149.7 million by 2030. The need for this product is mainly driven by growing demand for solar photovoltaic installation, in several industries, and growing agricultural activities.
Foam had the biggest share, in the industry. The major reason behind this growth is industry,…
Process Analytical Technology Market To Reach USD 13,626.5 Million by 2030
The term "process analytical technology" (PAT) refers to a system for the analysis and control of production processes that measures essential quality criteria and performance characteristics of raw and in-process materials. It makes it possible to use in-process data to evaluate a batch's quality during manufacturing, greatly lowering the requirement for final product testing, and thus shortening lead times.
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Moreover, PAT has been…
Why BEB Category Led Electric Bus Market?
The requirement for electric buses is increasing as a result of actions and measures being taken by governments across Europe to reduce pollution. According to WHO data, air pollution causes up to 100,000 fatalities annually in Europe, reducing life expectancy by an average of one year.
An electric bus now costs less overall than a comparable diesel model thanks to strong government assistance in the form of subsidies. Thus, the electric…
Why is Increasing Gasoline and Diesel Price Major Reason behind Carsharing Marke …
The world is in grave danger, as the high amounts of greenhouse gas (GHG) emissions are making the air fouler by the day. Whenever coal, natural gas or crude oil and its derivatives are burned, carbon dioxide, nitrogen oxides, carbon monoxide, sulfur dioxide, and other harmful gases are released into the atmosphere. These are not only making the earth hotter, but also creating difficulties in breathing. The transport sector is…
Automotive OTA Updates Market To Reach Around $13,860 Million in 2030
The automotive OTA updates market will grow at a rate of around 20% in the years to come and reach around $13,860 million in 2030 because of the snowballing connected cars and EVs.
With the speedy growth in the count of connected cars around the world and the increasing software requirement of such automobiles, the necessity for OTA updates is increasing significantly.
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Software…
Digital Twin Market Will Touch $195,347.6 Million by 2030
The digital twin market has garnered $7,683.4 million in revenue in 2022, and it is projected to rise at a rate of 49.9% from 2022 to 2030, to capture $195,347.6 million by 2030, according to the research company P&S Intelligence.
This growth can be credited to the snowballing adoption of artificial intelligence, the internet of things, machine learning technologies, and 5G, Industry 4.0, increasing emphasis on the manufacturing sector on…
Business Continuity Management Market Will Touch $1,673 Million by 2030
The global business continuity management the market was valued at $536 million in 2022, and this number is expected to reach $1,673 million by 2030, advancing at a CAGR of 15.30% during 2022-2030, as per P&S Intelligence.
This growth is mainly credited to the increasing dependency on digitization, snowballing IT expenditure, integration of cutting-edge technology, increasing operational hazards in administrations, and mounting acceptance of business continuity solutions in SMEs.
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Energy Harvesting System Market Will Produce USD 1,076 Million Value by 2030
In most cases, energy harvesting systems transform ambient energy into electrical energy, which is subsequently utilized to power a variety of devices, including consumer electronics, wireless sensor nodes, implanted biosensors, and military equipment.
The majority of their applications are in low-power electrical devices including watches, sensors, and home appliances. By 2030, it is predicted that the energy harvesting systems market would be worth $1,076 million, as per P&S Intelligence.
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Marketing Automation Market Will Reach USD 13,974.8 Million by 2030
The size of the marketing automation market was USD 5,332.6 million in 2022, and it will grow at a rate of 12.8% in the years to come, to reach USD 13,974.8 million by 2030, according to a report by P&S Intelligence
The requirement for automated marketing solutions and services is growing significantly with organizations becoming more digitally integrated and an increasing number of people using the internet and mobile devices for…
East Africa SOC as a Service Market To Generate $131.5 Million in 2030
In 2022, the East Africa SOC as a service market reached $67.8 million revenue, which is forecast to grow to $131.5 million by the end of this decade, at an 8.3% CAGR, according to P&S Intelligence.
This is ascribed to the increasing need for the efficient management of digital transactions, rising government support, evolving IT sector, and growing security concerns across companies in Uganda, Kenya, Rwanda, Burundi, and Tanzania.
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Europe Is Dominating Phase Change Materials Industry
In 2021, the global phase change materials market size stood at USD 1,775.5 million, which is projected to witness a 16.8% CAGR during 2021-2030, reaching USD 7,206.2 million by 2030 as per P&S Intelligence. This is mainly credited to the increasing development in the packaging and construction sector and the growing focus on eco-friendly buildings.
In 2021, the building and construction category held the largest market share of approximately 35% and…
North America Ambulatory Infusion Pumps Market Will Generate $1,989.8 Million Re …
In 2021, the North American ambulatory infusion pumps market was worth around $953.1 million, and it is expected to reach $1,989.8 million by 2030, advancing at an 8.5% CAGR from 2021 to 2030.
The major factors behind the industry growth are the rising geriatric population, snowballing diabetes incidence, surging demand for ambulatory services, and growing prevalence of many other chronic diseases.
The industry growth is also ascribed to the rising awareness…
Global Recycled Plastic Industry To Attain Value of $124,314.1 Million by 2030 | …
Plastic is littering all around us, in the form of soda bottles, grocery bags, ID cards, and other plastic items. Numerous plastic items are developed from materials such as petrochemicals. These plastic items affect the environment as they cause litter and pollution. It can also put the lives of humans in danger.
No doubt, plastics make our life easy and if not managed properly, they can cause immense trouble. Therefore, it…
Growing Food and Beverage Production Driving Sorbic Acid Sales
Global cheese sales increased by 2.3% in value from 2018 to 2019, to reach $114.1 billion. Similarly, the world gulped down 246 million hectoliters of wine in 2018, compared to 241 million hectoliters in 2014. Initially a defining feature of European cuisines, especially French, Italian, and Spanish, these products have now become extremely popular in other countries too, such as the U.S., Australia, and even developing countries, including India and…
Increasing Preference for 300-450 TBN Calcium, Barium, and Magnesium Sulphonates …
300-450 TBN calcium, barium, and magnesium sulphonates are being increasingly used in greases as a thickener, as they offer better water resistance, mechanical stability, extreme-pressure resistance, adequate-corrosion resistance, and anti-wear property. Additionally, the declining cost of these sulphonates, on account of improvement in manufacturing technology, has increased their preference over lithium sulphonates. Owing to the advantageous characteristics of the chemical, its usage has considerably amplified in steel, mining, and paper…
How Does Medical Tourism Contribute to Orthodontics Supplies Proliferation?
The orthodontic supplies industry is projected to rise at a rapid rate in the nearby future, ascribed to numerous appliances used for aligning and improving the appearance of crooked, crowded, and protruding teeth. The varying orthodontic supply products for the correction of jaws and tooth posture alignment include removable braces, orthodontic adhesives, and fixed braces.
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Under the product segment, the industry is…
Home Sleep Testing is Good and Economical
Most of us do not give proper attention to sleep, but it should be given proper attention. If not, you can be at a risk of developing sleep apnea. Now most of you might be wondering what is it. In simple terms it is a disorder in which, the breathing stops and starts, causing certain disturbances in sleep.
What is the Process of Home Sleep Testing?
Patients exhibiting a high pre-test probability…
Why are Generic Drugs Getting Popular Globally?
In today's time, every other person is suffering from some or the other ailment. Some of them are related to the growing age, negligence of health and, if we talk about the worst-case scenario, then a person may be suffering from a chronic disease. If one is suffering from a disease, then it isa common phenomenon that he/ she will be administered some drug by the physician, to battle the…
Europe is Dominating Biocontrol Agents Industry
In 2021, the biocontrol Agents market size stood at USD 4,851.7 million, which is projected to witness a 12.2% CAGR during 2021-2030, reaching USD 13,634.3 million by 2030 as per P&S Intelligence.
The increasing utilization of biological items in comparison to chemical-based crop protection items is boosting the growth of the market. Furthermore, the biocontrol agents are eco-friendly, have no injurious effects on humans, and are effective across the…
Asia-Pacific is Dominating Basalt Fiber Industry - P&S Intelligence
The global basalt fiber market has captured $283.8 million in revenue in 2021, and it is projected to advance at the rate of 12.2% from 2021 to 2030, to capture $798.6 million in revenue in 2030, as per the P&S Intelligence.
This can be accounted to the fact that glass fiber can be substituted with basalt fiber in polymer matrix composites as a possible polymer strengthening material. This kind of…
Biodegradable Mulch Film Market Overview, Segment Analysis, Growth and Demand Fo …
The biodegradable mulch film market was USD 50.8 million in 2022, and it will reach USD 87.8 million by 2030, advancing at a rate of 7.1% in the years to come, as per P&S Intelligence. The sector is driven by the increasing awareness concerning the damaging effects of inorganic mulching and supportive government guidelines.
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Starch had the largest revenue of about 70% in the past. Starch has…
Surging Intake of Mineral Supplements Led by Rising Health Awareness
The mineral supplements industry has garnered $13.19 million revenue in 2021, and it is projected to rise at the rate of 5.3% from 2021 to 2030, to generate $21.0 billion in 2030. It is led by the growing adoption of these products that decrease the incidence of chronic diseases, such as osteoporosis, anaemia, and cancer. Additionally, the surging implementation of preventive healthcare practices, associated with the rising prevalence of lifestyle-associated…
Cell Isolation Market To Touch USD 34,746.3 Million by 2030
The cell isolation market had the value of USD 9,845.7 million in 2022, and it will touch USD 34,746.3 million by 2030, advancing at 17.1% CAGR in the near future, as per a report of a market research company P&S Intelligence.
The biomolecule isolation category will grow the fastest in the future, progressing at a rate of about 20% for biomolecule isolation use as there has been an snowballing interest of…
Government Initiatives Drive Hydrogen Energy Storage Industry - P&S Intelligence
The hydrogen energy storage market was valued at USD 14,100 million in 2022, and it is set to reach USD 304,108 million by 2030, growing at a CAGR of 46.80% between 2022 and 2030, according to a research report by P&S Intelligence.
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Hydrogen energy storage solutions are projected to experience extensive acceptance in the future, owing to reasons, including growing concentration on substitute energy sources,…
Global Injection Molded Plastics Market Is on Track To Hitting USD 409.2 Billion …
The word "injection molding" covers a wide range of processes, including the molding of metals, ceramics, polymers, and several other substances. Plastics and injection molding are frequently used together. Plastics can also be formed using a variety of different methods, such as extrusion and blow molding. But the most used method of forming plastics worldwide is injection molding.
It is predicted that the need for injection molded plastics would be driven…
North America is Dominating the Lithium-Ion Battery Recycling Industry
The global lithium-ion battery recycling market was valued at $4,781 million in 2022, and this number is expected to reach $21,184 million by 2030, advancing at a CAGR of 20.45% during 2022-2030, as per P&S Intelligence.
This growth can be ascribed to the restricted supply of lithium metal and the increasing acceptance of electric vehicles throughout the world, because of the grants given in several countries. Principally, the decreasing price…
