Press Releases from P&S Intelligence (8081 total)
Construction Glass Market Size, Segment Analysis, Development and Demand Forecas …
The construction glass market was valued at $93.96 billion in 2021, and it is set to reach $161.46 billion by 2030, growing at a growth rate of 6.20% between 2021 and 2030, according to a research report by a market research company P&S Intelligence.
The biggest reasons for the industry growth are economic development in different nations, the rising count of government-led infrastructure projects, and increasing demand for housing because…
Europe E-Signature Market Will Generate $10,504.7 Million by 2030
According to P&S Intelligence, the European e-signature market was valued at $711.8 million in 2021, and it is set to reach $10,504.7 million by 2030, growing at a CAGR of 34.9% between 2021 and 2030.
The major reasons behind the growth of this industry are growing in the frequency of online working, a surge in the volume of online documentation processes, cost-effectiveness of e-signatures, and supportive government laws and guidelines.
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Rising Internet Penetration Boosts the Demand for Payment Processing Solutions
The payment processing solutions have garnered $90.4 billion in 2021, and it is projected to advance at the rate of 22.7% from 2021 to 2030, to generate $569.2 billion in 2030. It is led by surging e-commerce sales and growing internet penetration with surging usage of the smartphone.
In addition, the growing adoption of alternative payment solutions, including e-wallets, cards, and mobile applications, by small, large-scale, and medium-sized enterprises.
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U.A.E. Heating Equipment Market Set to Reach Over $100.0 Million Value by 2030
The U.A.E. heating equipment market reached a valuation of $89.5 million in 2019 and is predicted to register a CAGR of 2.9% between 2020 and 2030. Furthermore, the market will generate $121.4 million revenue by 2030, as per the estimates of P&S Intelligence, a market research firm based in India. The prominent factors fueling the boom of the market are the burgeoning requirement for heating devices in the hospitality industry…
Horticulture Lighting Market To Register 18.1% CAGR during 2020-2030
Factors such as the increasing government support for energy-efficient lights, decriminalizing of marijuana for medical purposes in several countries, and soaring demand for agricultural products will fuel the horticulture lighting market at a CAGR of 18.1% during 2020-2030 (forecast period). The market stood at $3.2 billion in 2019, and it is expected to reach $20.3 billion by 2030. Moreover, the booming world population and increasing popularity of vertical farming will…
GCC Facility Management Market is Dominated by HVAC Maintenance Services
The Gulf Cooperation Council facility management market is a growing market and will reach a value of about $137,298 million by 2030. This is majorly credited to the increasing requirement for facility management services in residential and commercial buildings, civil infra projects, and industrial units.
The property category was the largest in the industry in the past. This was since of the growing requirement for property management services like HVAC maintenance…
By 2030, Hydrogen Industry to Hit $196,934.5 Million Revenue
Although it has a significant challenge to achieve net zero, the chemical industry is a crucial sector in creating creative solutions to allow the transition to a circular and sustainable economy.
Energy efficiency can only go so far in achieving the net-zero goal, which highlights the need for additional solutions like carbon capture, hydrogen, and electrification in the chemical sector.
Currently, the EU uses more than 9 million tons of hydrogen annually,…
Sales of Ultra-Thin Solar Cells Predicted to Skyrocket in Asia-Pacific in Coming …
The increasing pollution and environmental damage caused because of the large-scale usage of fossil fuels for power generation is making renewable energy extremely popular all over the world. In many industries and residential applications, the renewable energy sources are rapidly replacing the conventionally used power producing sources. Out of the different types of renewable energy, solar energy is the one most widely adopted in different sectors, due to its abundant…
Rising Adoption of Veganism Fuels Plant-Based Protein Industry Growth
The plant-based protein industry is projected to rise in the coming years, due to growing intolerance to rising customers' expenditure, growing awareness of healthy plant-based food, and intolerance to animal protein.
Under the source segment, the soybean category captures the significant plant-based protein industry share. It is led by soybeans serving as ideal proteins and fat source, with high fiber advantages to digestive health.
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Therefore,…
Razor Market Will Hit $20,866.6 Million by 2030
The razor market size was more than $17,405.4 million in 2021, and it is expected to reach around $20,866.6 million by 2030, at a growth rate of about 2%. Gillette, a product of Procter and Gamble, is the industry dominator in the nation. According to various surveys, the demand for shaving and grooming products will increase rapidly among men in the near future.
The ever-growing innovations in technology has propelled the…
Enterprise Asset Management Market Will Reach $19,401.9 Million by 2030
The enterprise asset management market was valued at $5,966.2 million in 2021, and it is set to reach $19,401.9 million by 2030, growing at a CAGR of 14% between 2021 and 2030, according to a research report by a market research company P&S Intelligence.
This growth can be credited to the thriving requirement to lower the procurement and maintenance cost, improving asset availability, the snowballing acceptance of such solutions for…
High Efficiency Leads to Rising Demand for RPA
The robotic process automation industry has garnered $2,182 million revenue, and it is projected to experience a growth at a rate of 32.3% from 2021 to 2030. The major factors for industry growth include easy handling of business processes, better customer experience, and higher efficiency provided by RPA solutions.
Robotic process automation is an advanced software technology that contributes to building, deploying, and managing software robots that imitate the actions…
Growing Worries About Use of Fossil Fuels for Producing Electricity, Propelling …
Solar energy is among the top options for combating climate change, and it's here to stay. We have seen a steady increase in the spread of PV solar systems put on roofs and solar farms to boost the generation of clean energy throughout the years. Similar to photovoltaics, floating photovoltaics is another name for floating solar. It describes any solar farm that floats above a body of water. Affixed to…
Data Center UPS Market Size, Growth, Development and Forecast Report 2030
The total value of the data center UPS market was $5,729 million in 2021, and will propel at a CAGR of 6.5% in the near future to reach a value of $10,097 million in 2030.The industry is augmented with the construction of new data centers, as required for data storage is increasing exponentially amongst all industries, mainly for providing big data solutions.
As UPS systems guard data centers from power…
Future Opportunities Carbon Capture, Utilization, and Storage
An innovative technique called carbon capture and storage is utilized to capture and store carbon dioxide (CO2) created during the combustion of fossil fuels in the production of energy and industrial activities. Approximately 90% of the Emissions of co2 may be captured by the device, preventing it from entering the environment.
The CO2 is either used to make valuable goods later on or is kept permanently underground in geological. The majority…
The APAC Region Leads the Automotive Ambient Lighting Market
The total value of the automotive ambient lighting market was about $3,204 million in 2021 and will reach about $7,088 million by 2030, at a growth rate of above 9% in the years to come. The APAC industry is mainly driven by the increasing requirement for economy automobiles, which are main consumers of reading lights, roof console lights, and car body lights.
LED technology had the largest share of revenue in…
Automotive Catalytic Converter Market Will Reach $28,342.9 Million by 2030
Automobile manufacturers are conscious of global carbon emissions. Consumers' interest is growing in fuel-efficient automobiles. To make automobiles more fuel-efficient, manufacturers use strong and premium materials for their components.
Thus, the demand for automotive catalytic converters is expected to produce $28,342.9 million worth by 2030. The severe rules for car pollution control and the booming auto sector are to blame for this development. Additionally, the rising number of vehicle OEMs and…
Electric ATV and UTV Market to Reach above $3,845 Million by 2030
The size of the electric ATV and UTV market was around $708 million in 2021, which will reach above $3,845 million by 2030, at a mammoth growth rate of approximately 21% in the years to come. The growth is reinforced by the increasing acceptance of adventurous and fun sports and activities, the low noise emissions and low ownership costs of these automobiles, and their increasing use by militaries.
To receive…
Dicyclopentadiene Market due to Increasing Need for Chemicals
The chemical dicyclopentadiene is light yellow in color and smells strong. The majority of the time, it is a liquid at room temperature. Two cyclopentadiene molecules undergo the Diels-Alder process to create it. It is available as endo-DPCD and Exo-DPCD, two stereoisomers.
It is used to make unsaturated polyester resins, ethylene-propylene-diene rubbers, and hydrocarbon resins. It is used to make specialty polymers and fine chemicals, such as flame retardants, agrochemicals, cyclic…
Nanochemicals Industry Analysis, Growth, Development and Demand Forecast to 2030
The nanochemicals industry has generated $5.67 billion revenue in 2021, and it is projected to generate $8.94 billion revenue in 2030, rising at a rate of 5.2% from 2021 to 2030. It is ascribed to the growing demand for nano-chemicals, led by their applications in various sectors, including electronics, semiconductors, cosmetics, and pharmaceuticals.
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These chemicals are massively used to boost the selectivity and biological molecules' potency…
Wind Towers Industry Is on Track To Hit $51,972.4 Million Value by 2030
Wind towers are used to control wind turbines and their components. The tower keeps the turbine's rotor and nacelle in good condition and aids in ensuring that the blades are safely raised above the ground. The turbine is positioned at ideal elevations to produce electricity from the wind.
High wind velocity is necessary for complete turbines with increased capacity. As a result, as wind speeds increase with turbine height, the elevation…
Advanced Distribution Management Systems Industry Growth, Development and Demand …
With grid control characteristics of the modernization of grid, there are numerous systems that are important for the evolution of the grid
ADMS merges the functionality of SCADA, DMS and OMS for providing a more integrated view of the grid for system processes. The ADMS provides functionality spanning these systems, as well as Fault Location, Isolation and Service Restoration, Volt/VAR optimization, Voltage Regulation, Outage management, system monitoring, two-way Power Flow management,…
Flow Cytometry Market To Cross $10,065.4 Million by 2030
The total flow cytometry market size was $4,874.1 million in 2021, which is likely to reach $10,065.4 million by 2030, propelling at an 8.4% CAGR from 2021 to 2030. This will mainly be because of the growth in drug development, increase in the demand for analysis in clinical diagnostics, and the usage of flow cytometry for research purposes. For instance, this technology is widely used in in-vitro molecular studies and…
Significance of Anesthesia in Healthcare Propels Demand for Nitrous Oxide Medica …
The medical gases and equipment industry has garnered $18.10 billion revenue in 2021, and it is expected to rise at the rate of 7.20% from 2021 to 2030, to generate $33.84 billion revenue in 2030.
It is led by worldwide growing prevalence of chronic diseases. Additionally, the technological advancements fuelling the home healthcare sector are projected to propel the medical gases and equipment industry in the coming years.
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Surging Orthodontics Supplies Led by Healthcare Sector Expansion in Developing C …
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…
AR and VR Market To Reach $200.1 Billion by 2030
As per a report by P&S Intelligence, AR and VR market was sized $28.5 billion in 2021, and it will reach $200.1 billion by 2030, growing at rate of 24.2% by the end of this decade.
The growth of this industry has a lot to do with the increasing acceptance of these technologies in the entertainment, education, gaming, tourism, retail, and healthcare industry.
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AR…
eDiscovery Market Will Reach $22,089.3 Million by 2030
The eDiscovery market was valued at $10,542.4 million in 2021, and it is set to reach $22,089.3 million by 2030, growing at a CAGR of 8.6% between 2021 and 2030, according to a research report by a market research company P&S Intelligence.
This can be credited to the increasing concentration on the protection of metadata from electronic documents, the snowballing acceptance of digital technologies, and the growing electronic data volumes…
The U.S. Digital Signature Market Will Reach $10,612 Million by 2030
The U.S. digital signature market was valued at $921.3 million in 2021, and it is set to reach $10,612 million by 2030, growing at a CAGR of 31.2% between 2021 and 2030, according to a research report by a market research company P&S Intelligence.
The increasing number of signature forgeries in the U.S. is driving the digital signature market in the country. Digital signatures are helpful in eliminating the chances…
Rising Demand for Fire Resistant Fabrics Due to Increasing Fire Burn Accidents
The fire-resistant fabrics industry has captured $3.04 billion revenue in 2021 and is expected to rise at the rate of 5.90% from 2021 to 2030, to generate $5.09 billion in 2030. It is due to the growing demand for these materials from the mining, chemical, and oil & gas sector, led by stringent workplace safety regulations in developed countries.
The fire-resistant fabrics provide a protective barrier during the explosion or…
Geographic Information Systems Market Will Produce $25,121 Million Revenue by 20 …
A system for gathering, managing, and analyzing data about locations on the surface of the planet is known as a geographic information system (GIS). It combines several data types, such as digital, photographic, and cartographic data, allowing users to better grasp topographical information and linkages.
GIS software is therefore utilized for landslide hazard zonation, rerouting design, navigation, mapping, accident investigation, disaster management and mitigation, and transportation planning. These tasks are carried…
Heat Exchangers Market Share, Growth, Segment Analysis, Development and Demand F …
Due to the rapidly growing hydrocarbon and chemicals industries, as well as several prospective mega power projects, the need for heat exchangers is predicted to rise dramatically.
The need for heat exchangers is projected to increase as a result of the fast-growing HVAC industry and brisk capacity expansions in the power and hydrocarbons sectors.
By 2030, it is predicted that the heat exchangers market would be worth $25.8 billion. The existence…
Global Microcellular Plastics Market Will Reach $21,233.5 Million by 2030
The microcellular plastics market was valued at $9,873.8 million in 2021, and it is set to reach $21,233.5 million by 2030, growing at a CAGR of 8.9% between 2021 and 2030.
The growth of this industry can be credited to the growing adoption of high-performance materials, and the mounting demand from end-use industries including, healthcare, packaging, transportation, and electronics mainly because of their advanced functionality in comparison to conventional materials.
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Wearable Sensors Revolutionizing the Healthcare Industry
IoT is roaring in the world of today, and now it has also shaken hands with the wearable technology. This fantastic amalgamation of wearable sensors and IoT has helped to make our lives, both simpler and smarter at the same time.
The world of healthcare has also transformed with the introduction of the smart wearable devices, helping to track your health and fitness. It is not the case that, wearable…
Understanding the Dynamics of a Microcontroller in This Tech-Friendly World
If we say technology is omnipresent then, we are in a way stating the truth about the scenario of today. Out of the many technologies present before us, microcontrollers are becoming increasingly popular day by day. It is due to the increasing popularity of these devices, the total global demand for microcontrollers will reach to a value of $43.61 billion by 2030.
Microcontrollers are used in almost every gadget of the…
Low VOC Adhesives Industry Share, Growth Drivers, Development and Demand Forecas …
VOCs include a group of chemicals found in adhesives. These chemicals pose a health threat and also cause air pollution such as smog.
The low VOC adhesives industry has garnered $47.6 billion in 2021, and it is projected to generate $81.1 billion, advancing at a rate of 6.1% in the coming years.
Over the last few decades, the consumption of adhesives has increased in the construction sector. They are widely…
Application Platform as a Service Market Will Reach $22,687.3 Million by 2030
Cloud-based services are considered an emerging paradigm for accomplishing end-to-end business transformation as cloud computing revolutionizes how businesses navigate the obstacles of information technology infrastructure.
Application platform as a service (aPaaS) is a type of cloud service that offers customers the hardware, operating systems, network, and storage they need to create new apps or operate their current ones. Application services support both the deployment and development environments.
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5G Infrastructure Market Will Be Propelled by Surging Demand for Fast Internet C …
The infrastructure required for fifth-generation cellular networks, or 5G, consists of a network of a macro cell and small cell base stations. The 5G network typically offers two types of infrastructure: standalone and non-standalone.
A non-standalone infrastructure among them is dependent on the current 4G LTE network in part, but a standalone infrastructure is independent of LTE networks. The periphery computing capabilities of each of such infrastructures are desired for the…
Data Center Power Generators Industry Growth, Development and Demand Forecast Re …
The data center power generators market has garnered $5,097.1 million revenue in 2021, and it is projected to advance at a rate of 5.9% from 2021 to 2030, to generate $8,572.6 million revenue in 2030. It is led by the rising production of customized generators, and growing emphasis on the fabrication of new data centers led by worldwide rising demand for data storage in large organizations.
Data centers require high…
Paints and Coatings Industry Is Predicted to Grow Rapidly
To embellish and protect a surface, paints and coatings are applied to the substrate. When applied for ornamental reasons, paints and coatings improve the surface's aesthetics and longevity. Additionally, they protect the surface from damaging elements, corrosion, ageing, and chemical exposure.
In some applications, paints and coatings also offer particular qualities, including flame retardancy, anti-fouling, and anti-microbial capabilities. Due to economic expansion and consequent rise in the living standards of those…
Growing Need for Eco-Friendly Vehicles Driving Electric Scooter and Motorcycle M …
The electric scooter and motorcycle market is growing rapidly. The key reasons the growth of such industry, is the constant push by the government in order to protect environment, by giving ease in polices and helping the companies to setup manufacturing plants.
In the terms of battery type, SLA-powered electric two-wheelers held the highest market revenue share, however, the lithium-ion are estimated to grow more in the near future time. The…
CNG and LPG Vehicle Market Will Reach Sales of 102.3 Million Units by 2030
The CNG and LPG vehicle market is set to register sales of 102.3 million units by 2030. The major factors accountable for the growth of this industry are the increasing acceptance of eco-friendly vehicles and the ability of LPG and CNG vehicles to replace traditional vehicles. Such vehicles are value for money in the long run.
The CNG category is expected to hold a larger market share by 2030 and…
How Does Increasing Demand for Vehicles with Longer Driving Range Boost Europe-B …
The Europe-based electric scooters and motorcycles industry is projected to rise in the coming years. It is led by rising traffic concerns in European countries, and government initiatives to curb GHG emissions and encourage the adoption of electric vehicles.
Under the product, the scooter category is projected to boost the electric scooters and motorcycles industry in Europe in the near future. These electric vehicles are easy to ride, lightweight, practical, and…
Rising Construction Sector Fuels Demand for Distributed Fiber Optic Sensor
The distributed fiber optic sensor industry has garnered $1,096 million revenue in 2021, and it is projected to rise at the rate of 8.50% from 2021 to 2030, to generate $2,285 million revenue in 2030.
The growing demand for optic sensing, used in numerous industries, such as civil, aerospace, automotive, energy, and rising offshore drilling activities along with growing investments in exploring new reserves for gas and oil fuel distributed…
3D CAD Software Market Is Predicted To Hit $16,748.5 Million by 2030
Engineers, product developers, and designers employ 3D CAD (3-dimensional computer-aided design) technology to produce practical, virtual prototypes of three-dimensional products. Designers may dynamically construct and alter each component, part, or assembly of a product using 3D CAD.
Other elements of product engineering, including simulation testing, design and drafting, data management, manufacturing, computer-produced animation, and more, are all made easier and more automated by 3D CAD software.
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Population Explosion Fuels Demand for Vertical Farming
The worldwide vertical farming industry has garnered $3.98 billion revenue in 2021, and it is projected to generate $30.2 billion revenue in 2030, rising at a rate of 25.2%. It is ascribed to advantages of the vertical farming, including less consumption of power, water, and land requirements, that facilitates growers to reduce the processing and washing time of produced crops.
In addition, the shortage of agricultural land, and rising demand…
Cryocooler Market Will Reach $4.45 Billion by 2030
The cryocooler market was valued at $2.51 billion in 2021, and it is set to reach $4.45 billion by 2030, growing at a CAGR of 6.6% between 2021 and 2030, according to a research report by P&S Intelligence.
The growth of this industry is mainly ascribed to the increasing requirement for medical and healthcare services in developing countries and the growing usage of cryocoolers in nuclear MRIs, cryosurgeries, proton therapies, MRI…
Vapor Recovery Units Market Is Expected To Touch $1,177.8 Million by 2030
The market is growing as a result of rigorous rules for reducing volatile organic compound (VOC) emissions and growing concerns about the harmful emissions from petrochemicals. This is why the vapor recovery units market accounts for around $758.5 million value in 2021, which is on the track to hit $1,177.8 million by 2030. This is mostly due to rising oil and gas output, which then leads to rising petrochemical production.
Transportation…
Demand for Property Management Software Is High U.A.E. & Saudi Arabia
Whether purchased or rented, a place to live is a basic human requirement. According to a 2020 estimate from the Dubai Statistics Center, there are presently more than 690,498 residential units in Dubai alone (apartments & villas). According to estimates, the emirate may require 550,000 dwelling units to fulfil housing demand in 2040.
Office space alone will account for roughly 9 million square meters (sq m) of gross leasable area in…
Factors Supporting Demand for LTCC and HTCC
Multilayer circuits are made from ceramic substrates using LTCC (Low-Temperature Co-fired Ceramic) technology. Multiple dielectric layers, low-loss conductors that have been screen-printed or photographed, capacitors, resistors, embedded baluns, and via holes used to link the various layers make up an average LTCC device.
In order to create LTCC devices, dielectric, conductive, and resistive metal pastes are applied as necessary to each ceramic substrate tape or sheet before being pushed together and…
Rising Elderly Population Boosts the Consumption of Sleeping Aids
The availability of sleeping aids without a prescription can play a crucial role in occasional sleeplessness at night. However, there are several caveats.
Most sleep aids are available without any prescription containing antihistamines. Sedative effects tolerance may quickly develop antihistamines. The longer period consumption of sleep aids with antihistamine, can turn into less effectiveness.
The sleeping aids industry has garnered $83,619.7 million revenue in 2021, and it is projected to generate $157,484.5…
