Press Releases from P&S Intelligence (8081 total)
What are the Advantages of Hybrid and EV Battery
You may think that the battery pack of any kind of electrified vehicle-a hybrid, plug-in hybrid, or pure electric-is almost the same, despite its size. But that supervises two major differences in the way batteries are utilized in various kinds of electrified vehicles.
First is the flow of electrical power in and out of the battery related to its size. For instance, during uncertain acceleration, all three kinds of electrified vehicles…
Electric Bus Market Is Expected To Reach 912,354 Sales Units by 2030
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.
Because of the risks associated with air pollution, governments in both developed and developing nations are working to reduce this threat. By pledging to electrify…
Rising Environmental Concerns Propel Demand for Electric Scooters and Motorcycle …
The electric scooters and motorcycles industry based in North America is projected to rise in the coming years. It is led by the rising traction of electric scooter-sharing fleets, government initiatives in the form of subsidies and tax credits for their adoption, and the low-maintenance electric scooters and motorcycles' nature.
Under the type segment, the electric kick scooter category captures a significant share of the North America-based motorcycles and electric…
Rising Environmental Concerns Boost the Adoption of Electric Trucks
The electric truck industry is projected to rise in the coming years, led by low operational and maintenance costs of these trucks, government initiatives in the form of regulations and incentives, and reduced battery costs.
Under the propulsion segment, the industry is divided into four categories; BEV or battery electric vehicles, HEV or hybrid electric vehicles, PHEV or plug-in hybrid electric vehicles, and FCEV or fuel-cell electric vehicles.
To receive…
North America Is Dominating the Diesel Exhaust Fluid Industry
The diesel exhaust fluid market was valued at USD 34,763 million in 2022, and it is set to be USD 62,462 million by 2030, growing at a CAGR of 7.60% between 2022 and 2030, according to a research report by P&S Intelligence.
The major reason boosting the development of the industry is the strict pollution rules, which are leading toward the increasing usage of selective catalytic decrease in diesel vehicles.…
Global Biocomposites Market Size, Share, Leading Players, Growth and Demand Fore …
Biodegradable polymer serves as the matrix material in biocomposites, which typically also contain bio-fibers as reinforcing elements. Moreover, biocomposites have the following characteristics: low cost, low density, high toughness, acceptable specific strength properties, good thermal properties, ease of separation, improved energy recovery, and biodegradability.
As per a report by P&S Intelligence, the biocomposites market is on track to reaching USD 103.6 billion by 2030. This is because more people are becoming…
Global Bromine Market to have a Stable Growth Till 2030
The bromine industry is projected to rise in the coming future. It is led by the growing usage of bromine compounds for reducing mercury emissions, rising eco-friendly polymeric flame-retardant adoption, and growing consumption of clear brine fluids during drilling for oil and gas.
Under the derivative segment, the organobromide category dominates the industry. It is led by the massive organobromides consumption, such as propylene bromide, ethylene dibromide, allyl bromide, and…
Increasing Diseases Incidences Pushing the Demand for Medical Devices Outsourcin …
The medical device outsourcing market is progressing at a fairly healthy growth rate. Electronics will have the largest revenue in the industry. This ascendance is attributed to the increase in the requirement for affordable medical devices in the industry of medical devices and the increasing pressure of costs on the manufacturers.
The main driver of the medical device outsourcing market is the lucrative and quick making of products. Producers outsource the…
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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Micropropagation Market to Reach $2,711 Million by 2030
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.
The advantages of making plants by micropropagation are, the number of floras can be gained in a considerably short period and lesser area. In this way, plants can be grown throughout the year. Sterile plants can…
North America Dominated the 3D Printing Materials Industry
The 3D printing materials market was USD 2,578.8 million in 2022, and it will reach USD 16,230.8 million by 2030, advancing at a rate of 25.9% in the years to come.
Plastics holds the largest share in terms of volume, over 30%. This is because of the low prices, easy availability of plastics and their use in numerous designs.
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Additionally, plastic materials offer high adaptability, extreme temperatures,…
LED Lighting Market Will Reach USD 152,842.0 Million by 2030
The global LED lighting market was valued at USD 68,954.7 million in 2022, and this number is expected to reach USD 152,842.0 million by 2030, advancing at a CAGR of 10.5% during 2022-2030, as per P&S Intelligence.
The increasing need for energy-effective solutions along with the development in infrastructure, the snowballing government initiatives regarding the acceptance of LED lights, and the mounting sales of horticulture lighting are major reasons driving…
U.S. HVAC Services Market To Reach USD 35,971.7 Million by 2030
The total size of the U.S. HVAC services market was USD 25,221.3 million in 2022, and it will grow at a CAGR of 4.5% in the years to come, to reach USD 35,971.7 million by 2030, as per a report of a market research company P&S Intelligence.
The developing construction sector is a major driving factor for the demand for HVAC services. Owing to increasing population, swift urbanization, and increasing building…
Global Agricultural Micronutrients Market To Reach USD 8,322.1 Million by 2030
The size of the agricultural micronutrients market was USD 4,321.9 million in 2022, and it will grow at a CAGR of 8.5% during 2022-2030, to reach USD 8,322.1 million by 2030, as per a report of a market research firm P&S Intelligence.
Cereals and grains dominated the industry regarding value, contributing a share in excess of 50%. With growing population and shrinking arable land, there is much more pressure on the…
AI in Agriculture Market To Reach USD 8,308.5 Million by 2030
The size of the AI in agriculture market was USD 1,254.6 million in 2022, and it will advance at a CAGR of 26.7% in the years to come, to reach USD 8,308.5 million by 2030, as per a market research company P&S Intelligence.
The service category will experience the faster growth because of the increasing requirement for managed services by farmers for tracking the processes and activities of sensors and managing…
Cyber Insurance Market To Reach $48,328.4 Million by 2030
The global cyber insurance market was valued at $11,904.6 million in 2022, and this number is expected to reach $48,328.4 million by 2030, advancing at a CAGR of 19.1% during 2022-2030, as per P&S Intelligence. This is accounted for the snowballing number of malware, virus, and other kinds of attacks on IT systems, the increasing regulation regarding cybersecurity, and the execution of related insurance as a risk mitigation strategy.
The…
Booming Demand for Food & Beverage Packaging Fueling Packaging Adhesive Sales
The surge in the food and beverage industry, on account of the growing sales of foods and beverages, is positively impacting the worldwide demand for packaging adhesives. This is primarily because of the mushrooming need for maintaining the freshness and shelf-life of packaged food products, owing to the ballooning public awareness of health and wellness. As per All4Pack Paris, food packaging generated $273.9 billion revenue in 2017 and it is…
Australia E-Commerce in Automotive Aftermarket Will Reach USD 3,822.2 Million by …
The Australian e-commerce in automotive aftermarket was valued at USD 1,503.5 million in 2022, and this number is expected to reach USD 3,822.2 million by 2030, advancing at a CAGR of 12.2% during 2022-2030, as per P&S Intelligence. The industry is motivated by the comfort provided by online shopping platforms, snowballing number of do-it-yourself customers, and the rising automotive aftermarket.
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Furthermore, in 2021…
Virtual Power Plant Industry Driven by Rising Renewable Energy Production
The virtual power plant market size was USD 3,367.7 million in 2022, and it will propel at a rate of 16.9% in the years to come, reaching USD 12,273.3 million by 2030, as per a market research company, P&S Intelligence.
The demand response category had the largest share, about 65%, in the years to come, and it will maintain its dominance in the future. This is credited to the higher acceptance…
8.8% CAGR to Make India Diesel Generator Set USD 1,839.5 Million Market by 2030
The size of the Indian diesel genset market was USD 937.1 million in 2022, and it will advance at a rate of 8.8% in the years to come, to reach USD 1,839.5 million by 2030, as per P&S Intelligence.
Browse full report at: https://www.psmarketresearch.com/market-analysis/india-diesel-genset-market
5 kVA-75 kVA category had the largest volume share in the recent past, which is credited to the low upkeep cost and easy obtainability of the spare…
Corrugated Boxes Market To Grow Significantly in North America
The corrugated boxes market was USD 251.6 billion in 2022, and it will grow at a CAGR of 4.6% in the years to come, to reach USD 359.6 billion by 2030, according to a report of P&S Intelligence. This growth is because of the increasing requirement for convenient and lightweight solutions across various industries.
Corrugated board products are also put to use by businesses providing variety of food services, including serving…
Global Organic Fertilizers Market Will Reach USD 14,622 Million by 2030
The value of the organic fertilizers market was USD 5,864 million in 2022, and it is will advance at a CAGR of 12.1% in the years to come, to reach USD 14,622 million by 2030, as per a market research company, P&S Intelligence.
Cereals & grains held the largest share of 62.8%, and it will maintain its position in the coming years. This growth has a lot to do with, such…
Downstream Processing Market Will Hit $51.0 Billion Value by 2030
By 2030, the worldwide downstream processing market is predicted to hit a $51.0 billion, growing from $21.1 billion in 2021 at a 10.3% compound annual growth rate between 2021 and 2030. This is owing to the expanding biotechnology sector, growing significance of contract manufacturing organizations, and burgeoning R&D investment in the biopharmaceutical industry.
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Biopharmaceutical is one of the industries with the highest potential for…
Cardiac Biomarkers Market Is Expected To Generate $20,718.8 Million by 2030
In 2021, the global cardiac biomarkers market accounted for an $8,459.6 million value, which is set to reach a $20,718.8 million value by 2030, growing at a 10.5% CAGR from 2021 to 2030.
This is owing to the increasing requirement for point-of-care testing kits, growing incidence of acute coronary syndrome (ACS), and demand for high specificity in the identification of cardiac disorders.
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The…
Importance of Cleanroom Consumables
We frequently seek treatment for the disease in hospitals and other healthcare facilities, but this comfort is only possible in a clean and hygienic atmosphere. Hospitals must always have a high standard of cleanliness since germy hospitals can get you sick.
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Due to the growing requirement to preserve a contamination-free atmosphere while testing and collecting samples for suspected COVID-19 cases, the current COVID-19…
Why Will skin care category Dominate the Cosmetic Chemicals Market?
The major drivers in the global cosmetic chemicals market are the growing population, rising disposable income, and the willingness of people to enhance their physical appearance. Moreover, this will go hand in hand with escalating investment in the research and development of these chemicals to launch new innovative products for utmost customer satisfaction. Furthermore, rising disposable income will consequently increase the purchasing power of consumers, exerting a push on the…
Non-Woven Adhesives: Demand Will Grow in Future
Fibers used in non-woven textiles are held in place by non-woven adhesives. Plasticizers, base polymers, and antioxidants make up these adhesives. They have excellent processability, high cohesion strength, high elasticity, softness, low odor, and heat resistance.
Training pants, baby diapers, adult incontinence products, sanitary napkins, surgical drapes, medical wound care pads, bed pads, medical dressings, and gowns are just a few examples of health and hygiene items that frequently use non-woven…
Increasing Demand for Shrimp Chitosan for Waste Water Treatment
Chitosan is produced by the deacetylation of chitin. It is obtained from insects and crustaceans. There are numerous therapeutic applications of chitosan, due to its properties, such as cholesterol, triglyceride, antioxidant activity, antibacterial, trapping, and hypoglycemic effects that help in preventing and treating chronic diseases.
The biological properties of chitosan make it ideal for various applications, related to food, environmental engineering, and agricultural usage.
Chitosan is massively utilized in pharmaceutical, agricultural, cosmetic,…
Qatar HVAC Maintenance Service Market To Reach USD 389.6 Million by 2030
The size of the Qatar HVAC maintenance service market was USD 243.5 million in 2022, and it will reach USD 389.6 million by 2030, advancing at a rate of 6.1% in the years to come, as per P&S Intelligence. This is because of the steady growth in the HVAC industry, the increasing requirement for AMC services, and the growing construction business.
The cooling category held in excess of 60% revenue share…
E-Cigarette Market To Reach USD 38,631.1 Million in 2030
The total size of the e-cigarette market was USD 17,901.1 million in 2022, and it will reach USD 38,631.1 million by 2030, advancing at a rate of 10.1% in the years to come, as per P&S Intelligence. The decrease in conventional cigarette smoking is a major driver, with consumers shifting toward safer alternatives, including electronic cigarettes.
The growing consciousness about the harmful effects of smoking conventional cigarettes is increasing across the…
High-Performance Insulation Materials Market Insights, Segment Analysis, Growth, …
The global high-performance insulation materials market will touch $11,096.8 million by 2030. This is attributable to the expanding use of these materials in the oil and gas sector and growing worries about greenhouse gas emissions and energy conservation.
Because of their ultra-thin and lightweight properties, these materials may be used to insulate containers, pipe supports, tanks, industrial piping, sulfur recovery, and furnaces.
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The world's energy consumption…
AI in Education Market To Reach USD 25,772 Million by 2030
The global AI in education market was valued at USD 2,126 million in 2022, and this number is expected to reach USD 25,772 million by 2030, advancing at a CAGR of 36.6% during 2022-2030, as per P&S Intelligence. This growth can be credited to the snowballing expenditure in AI technology, the increasing need for personalized education based on AI, and the growing requirement for automating organizational tasks.
The whole scenario…
MVNO Market To Reach USD 131,657.1 Million by 2030
The MVNO market generated revenue of USD 75,109.1 million in 2022, which will grow at a rate of 7.3% in the future, to reach USD 131,657.1 million by 2030, as per a report by a market research company P&S Intelligence.
The prepaid category will have the higher growth in the future, of approximately 8%. This has a lot to do with people choosing prepaid plans as they offer freedom to be…
Rising Incidences of Terror Attacks Boost Ballistic Protection Industry Growth
The ballistic protection industry has garnered $12,478.08 million revenue, and it is projected to generate $19,378.54 million revenue in 2030, advancing at a rate of 5.01%. It is led by the surging use of ballistic protective materials in law and military enforcement organizations across the world. It is ascribed to protecting law enforcement personnel, military personnel, and vehicles from projectiles, mortars, mines, explosives, falling glass, and other dangerous materials.
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Increasing Consumption of Crude Oil Boost Demulsifier Demand Led by Rising Indus …
Demulsification involves the separation of water from crude oil. As crude oil is extracted from a reservoir, it is more likely to get mixed with natural formation water, or mixed formation, and injection water. It is essential in refining process operations to quickly and efficiently separate water from it to facilitate the exportation of oil and clean the water. Thus, it maximizes the crude oil value and minimizes the operational…
Why Nitrile Butadiene Rubber is Getting Popular Across the Globe?
Nitrile butadiene rubber or NBR rubber, is popular around the world. Because of its numerous benefits and properties, this act as the backbone of the industrial along with automotive industries. NBR is a combo of a complex unsaturated synthetic rubber CAN and butadiene.
Actually, industrial NBR rubber is one of the popular sealing materials because of its competence to resist fuel, grease, flame retardant liquids water, oil, and much more. This…
Off-Highway Electric Vehicles Market Is Expected To Touch $97,754.1 Million by 2 …
Electric vehicles that are intended to carry out off-road activities are known as off-highway electric vehicles. This includes the expanding use of the same in infrastructure development, agriculture, and other fields. The off-highway electric vehicles market will reach $97,754.1 million in sales by 2030 from $16,908.6 million in 2021, mostly as a result of the growing demand for machines with minimal noise and no emissions.
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Demand for Used Cars Growing due to Expanding E-Commerce Market
The e-commerce sector has been registering considerable growth in recent years. A lot of people are rapidly shifting to online mediums for a various purposes. Owing to the increasing penetration of internet across the world, businesses are widely leveraging online platforms for creating awareness regarding their brand, products, and services. Social media sites and other online platforms are acting as effective advertisement platforms. Companies in the used cars industry are…
Learn More About Automotive Fuel Transfer Pumps
Other mechanical technologies being aggressively integrated by automakers include automatic gearboxes, gasoline direct injection, gasoline turbochargers, and power steering.
Pumps for the regulated transfer of gasoline are helpful. The applications of fuel transfer pumps have grown as a result of ongoing improvements in their production processes. The automotive fuel transfer pumps market is expected to reach USD 3,041 million by 2030.
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Types of Automotive…
Quantum Computing Market Will Reach USD 5,274 Million by 2030
In 2021, the quantum computing market size stood at USD 458 million, which is projected to witness a 31.2% CAGR during 2021-2030, reaching USD 5,274 million by 2030 as per P&S Intelligence. The deployment of these solutions has witnessed a robust upswing in numerous industries, including BFSI, logistics, support, and cybersecurity, as market players are heavily spending in this field.
In 2021, the hardware category had the largest revenue share, of…
Low-Code Development Platform Market To Reach USD 190,898.4 Million by 2030
The total size of the low-code development platform market was USD 19,301.5 million in 2022, and it is expected to advance at a rate of 33.2% during 2022-2030, to reach USD 190,898.4 million by 2030, according to P&S Intelligence.
In the recent past, based on offering, the solution category held larger share, over 60%, because of the surging acceptance of these platforms in different verticals for reduction of the long-term expenses…
Increase in Infrastructure Development Activities Proliferates Structural Metal …
In 2021, the structural metal products market stood at $448.3 billion, and it is expected to grow at a rate of 6.1% from 2021 to 2030, to acquire $764.0 billion in revenue, attributed to the rising construction activities led by infrastructure development worldwide. The surge in demand for structural metal products is attributed to their physical properties, including pest and mold resistivity, sustainability, and cost-effectiveness, propelling the market. The government-led…
APAC Will Dominate Automotive Adhesives and Sealants Industry
The automotive adhesives and sealants market will reach around $11,644 million, with an around 6% CAGR by 2030. The major factors behind the growth of this industry are the snowballing requirement for lightweight vehicles and rising safety standards and regulations for vehicles.
Due to a surge in the per capita income of people, the demand for vehicles among consumers is growing rapidly around the world.
The increase in subsidies on electric…
Global Electric Motor Industry Will Hit a Value of $195.1 Billion by 2030
The electric motor market is projected to reach $195.1 billion by 2030. The major reasons behind the growth of this industry are the growing demand for energy-efficient electric motors, increasing acceptance of electric vehicles, and growing adoption of electric motors for many applications.
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Based on application, The transportation category had the largest market share in the recent past. This can be accounted to the growing…
Global Construction Equipment Industry Trends, Leading Players, Growth, Developm …
The construction equipment market is a massive market, and it will experience a significant growth in the coming years. The major reasons behind the growth of this industry are the rapid urbanization, which is generating the demand for housing and growing investments in infrastructure development across the world.
On the basis of product, the earth moving machinery category is expected to hold the largest share in the coming years. This is…
Clinical Nutrition Market To Reach USD 70.8 Billion by 2030
The clinical nutrition market size stood at USD 37.8 billion in 2021, which is expected to reach USD 70.8 billion by 2030, advancing at a CAGR of 7.2% during 2021-2030, as per P&S Intelligence.
This growth can be ascribed to the growing elderly population, a lift in the frequency of lifestyle-associated illnesses, a high birth rate and a high number of premature births, surging number of malnutrition sufferers, and athletes'…
Demand for Ambulatory Infusion Pumps in North America
An ambulatory infusion pump (AIP) is a tiny battery-operated pump that gradually infuses your body with medications like chemotherapy or antibiotics. The pump releases medication over a predetermined period of time determined by your doctor. You may continue the majority of your daily tasks at home with the help of an AIP and avoid having to spend the night at the hospital.
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Ambulatory…
Boxes Are Leading Biologics CDMO Secondary Packaging Market
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.
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In the drug supply chain, secondary packaging is crucial because it…
Construction Equipment Industry Dominated by Asia-Pacific Region
The construction equipment market is a massive market, and it will experience a significant growth in the coming years. The major reasons behind the growth of this industry are the rapid urbanization, which is generating the demand for housing and growing investments in infrastructure development across the world.
On the basis of product, the earth moving machinery category is expected to hold the largest share in the coming years. This is…
Rising Industrial Application Boost the Demand for 3D Printing High-Performance …
There are more than 100 high-performance plastics to select for additive manufacturing. The 3D printing high-performance materials possess unique mechanical properties that make them suitable for high-quality end-use applications.
Polymers such as TPU, TPE, silicone, and PEEK are high-performance materials for 3D printing. These are ideal due to their exceptional properties, such as incredible hardness, extreme heat, resistance, biocompatibility, or qualities similar to rubber.
The global 3D printing high-performance plastics industry is…
