Press Releases from P&S Intelligence (8081 total)
Smart Meters Market To Reach $20.0 Billion in 2030
The major drivers in the global smart meters market are the rising inclination toward smart grids, extensive government support, and the surging consumer awareness of conserving energy. Moreover, the market is predicted to reach $20.0 billion in 2030. There is a surging integration of smart meters because of the rising popularity of smart grids. However, the outbreak of COVID-19 had disrupted the entire circular economy and this market was no…
Increasing Smartphone Usage Driving Enterprise Mobility Management Market Surge
Owing to the increasing penetration of the internet, mushrooming use of smartphones, and growing enactment of the bring-your-own-device (BYOD) policy at workplaces in several countries, the global enterprise mobility management (EMM) market is expanding rapidly. According to the forecast of the market research company, P&S Intelligence, the value of the market reached $16 billion in 2020. The market is also expected to exhibit explosive growth during 2021-2030 (forecast period).
In recent…
Online Fitness Market To Progress at a Significant Growth Rate
The size of the online fitness market will grow at a momentous rate in the coming years. The increasing use of smart devices like smartwatches, smartphones, and smart TVs, increasing use of the internet, and increasing consciousness about personal fitness are among the main drivers. The pandemic forced administrations to levy lockdown and social distancing, which led to the shutting down of fitness amenities like gyms, swimming pools, and fitness…
Structural Adhesives Market Will Grow at a Fastest Pace?
Structural adhesives offer excellent mechanical performance, which also makes weight reduction possible. They provide load-bearing capacity, durability, great strength, tensile strength, and resistance to solvents, heat, impact, and fatigue.
Additionally, they provide benefits like smoother lines and no protruding rivets, nails, or weld scars in the body of vehicles like automobiles, buses, and trucks. The structural adhesives market is anticipated to expand significantly in the upcoming years.
The overlap shear strength offered…
Crotonic Acid Market Trends, Business Strategies, Regional Outlook and Forecast …
The International Organization of Motor Vehicle Manufacturers (OICA) states that the global vehicle production increased from 52,146,292 units in January-September 2020 to 57,262,777 units in the corresponding months of 2021. The organization also reveals that vehicle sales grew from 34,321,700 units in January-June 2020 to 44,401,850 units in January-June 2021. The booming automobile production and sales will create a massive requirement for paints and coatings, owing to which crotonic acid…
Global Solar Control Films Market To Reach About $1,284 Million by 2030
The size of the solar control films market was over $728 million in 2021, which will reach about $1,284 million by 2030, growing at a rate of around 7% in the near future.
This is because of the rising consciousness of the compensations of solar control films as compared to sun-reflective glass, snowballing rate of real- estate development, and surging emphasis on lessening of energy costs and carbon footprint.
Browse full…
Taiwan Micromobility Market Will be Driven by the Last-Mile Services
The Taiwanese micromobility market is on the rise, and will grow at a mammoth growth rate of 61.3% to reach $5,981.6 million by 2030. The main reasons behind the growth of this industry are, traffic congestion, growing urge to reduce air pollution, and the surging need for efficient commutation system for short distances.
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On the basis of value, the first- and last-mile category…
Shared Micromobility Services Will Influence Malaysia Micromobility Market
Due to their low costs and capacity to offer more convenience than traditional mobility services, micromobility services are becoming increasingly popular in Malaysia for last- and first-mile commuting. These services are typically offered using a station-less or dock-less paradigm, allowing clients to drop off their cars wherever it is most convenient.
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For instance, due to their capacity to offer affordable transportation, bike-sharing programs…
German Automotive Telematics Market to Register Robust Growth of 16.5% during 20 …
The German automotive telematics market is predicted to attain a revenue of $7,748.0 million by 2030, increasing from $1.408.2 million in 2019, progressing at a 16.5% CAGR during the forecast period (2020-2030), according to the report by P&S Intelligence. The market is registering growth due to the extensive government support, in terms of regulation and policy formulation, for integrating such systems in automobiles, and rising preference for a safer driving…
Battery Management System Market Driven by the Skyrocketing Demand for EVs
The major drivers in the global battery management system market are the extensive utilization of rechargeable batteries in consumer electronics and the snowballing demand for electric vehicles. Therefore, the sale of these devices will touch a mammoth $22,279.6 million by 2030. During the outbreak of COVID-19, the governments of various emerging and advanced economies imposed lockdowns, decreased the workforce, disrupted the logistical network of several sectors, and temporarily suspended exports…
Tunnel Automation Market Will Archive Significant Growth in the Coming Years
The tunnel automation market is expected to reach huge revenue, which will advance at a significant CAGR in the coming years. Strict government regulations, the rise in the demand for improved road security and safety solutions due to an increase in traffic accidents, increase in the incorporation of tunnel automation with cutting-edge technologies like cloud storage and the IoT, a mixture of analytics in tunnel management, and increase in the…
Increasing Adoption of IoT Driving Digital Twin Market Surge
The global digital twin market value stood at $3,210.1 million in 2020, and it is predicted to surge to $184,517.4 million by 2030. According to the estimates of the market research company, P&S Intelligence, the market will advance at a CAGR of 50.0% from 2020 to 2030 (forecast period). The ballooning adoption of machine learning (ML), 5G, artificial intelligence (AI), and the internet of things (IoT) technologies, growing popularity of…
Rising Adoption of the Drones in Defense Sector Propels Drone Analytics Industry
The drone analytics industry is projected to rise in the coming years, and generate $45,575.9 million revenue in 2030. It is owed to the rising demand for drones, increasing worldwide IT expenditure, growing flight intelligence popularity, and increasing advancement in drone development, with a rising need for collecting real-time information on a specific building or area.
Under the component segment, the software category is predicted to experience the fastest growth…
Biomass Pellet Market Size, Share, Latest Trend, Top Companies and Growth Foreca …
The biomass pellet industry has garnered $9.05 billion revenue in 2021, and it is predicted to rise at the rate of 6.75% from 2021 to 2030, to generate $16.29 billion revenue in 2030. The rising awareness of the benefits of utilizing biofuels and other renewable energy sources for commercial, residential, and industrial heating and power generation applications propels industry growth.
In addition, the government initiatives to encourage the adoption of…
Levulinic Acid Market Will Hit $61.04 Million by 2030, Says P&S Intelligence
The total value of the levulinic acid market $26.35 million in 2021, and it will rise at a growth rate of around 10% in the near future, to reach $61.04 million by the year 2030. The driving factors behind the growth of this industry is the increasing commercialization of bio-based methods of production, together with the growing demand for the derivatives of this compound in end-use sector.
In the personal care…
Global Solar Control Glass Market Will Hit $12,219.04 Million by 2030
The global solar control glass market was valued at $5,625.98 million in 2021, and it is projected to propel at the rate of 9% in the coming years, to reach $12,219.04 million by 2030. This is mainly because governments and organizations are focusing more on reduction of carbon emissions. Many international organizations have laid out guidelines to control the emission of greenhouse gases.
As the construction of green non-residential and residential…
Tangential Flow Filtration Market To Reach $3,667.2 Million by 2030
Major drivers in the global tangential flow filtration market are the benefits of tangential flow filtration in comparison to normal flow filtration, skyrocketing investments in R&D by the market players, and the biopharmaceutical sector development. From $1,237.6 million in 2021, the market is predicted to touch $3,667.2 million by 2030, growing at a 12.8% compound annual growth rate between 2021 and 2030. There is an influx of spending on R&D…
Surgical Instrument Tracking System Market Will Touch $627.4 Million by 2030?
In 2021, the surgical instrument tracking system market accounted for $209.1 million, and it is predicted to hit $627.4 million by 2030, growing at a 13.0% compound annual growth rate from 2021 to 2030. The technology improvements in healthcare, growing demand for inventory management procedures and UDI standards, and increase in surgical procedures worldwide are all factors contributing to the market growth.
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One…
Sale of EVs Are Influencing Electric Vehicle Charging Cables Market
Fossil fuels are scarce and their consumption is endangering the environment. The public's health is negatively impacted over the long term by toxic emissions from gasoline and diesel cars. Compared to gasoline or diesel vehicles, electric vehicles have significantly fewer emissions.
In terms of efficiency, electric vehicles can transmit about 60% of the electrical power from the grid to drive the wheels, but gasoline or diesel vehicles can only transmit 17%-21%…
Rising Digitalization and Automation Propels Electronic Shelf Label Industry Gro …
The global electronic shelf label industry is projected to rise in the coming years, due to rapid digitalization and automation in the retail industry with substantial profits, and less time consumption. Along with this, real-time product positioning, rising demand for increased functional efficiency, and price optimization in retail stores proliferate industry growth.
Under the product type segment, the industry is divided into full-graphic E-paper, liquid crystal display (LCD), and segmented E-paper.…
Europe MVNO Market To Generate $48,762.8 Million Revenue by 2030
A number of factors such as the increasing adoption of segment-targeted pricing and innovative distribution strategies, escalating need for triple-play services in developing countries, mounting demand for low-cost mobile services, rising penetration of mobile devices, and surging use of cloud-enabled solutions are expected to drive the European mobile virtual network operator (MVNO) market at a CAGR of 5.8% during 2020-2030. The market was valued at $27,748.1 million in 2020, and…
U.S. CAD Software Market Will Touch $4,271.5 Million in 2030
Using computer-based software to support in design and developing processes is known as computer-aided design (CAD). Various kinds of designers and engineers regularly utilize such software. 2-D drawings and 3-D models may both be produced using this software.
CAD is used to improve design quality and amount of detail, increase productivity, optimize and simplify the designer's workflow, enhance documentation communications, and frequently contribute to a production design database. Electronic files produced…
Dyes and Pigments Market Share, Segment Analysis, Growth Drivers and Forecast Re …
The value of the dyes and pigments market was $37,549 million in 2021, and will reach $57,947 million by 2030, at a growth rate of 5% in the years to come. This is because of the rising income, rising construction activities, thriving industries like paints & coatings, automotive, packaging, and textile; growing government initiatives for the textile sector, and snowballing awareness toward eco-friendly products.
Organic pigments will grow faster in the…
Global Acetyls Market Insights, Segment Analysis, Growth Drivers and Forecast Re …
The size of the acetyls market was $26,574. million in 2021, and will reach $43,337 million by 2030, advancing at a rate of 6 % in the near future. This has a lot to do with the increasing use of such chemicals in paints & coatings, construction, F&B industries and; growing requirement for drugs and the high R&D outlay, and advantageous government regulations for the pharma industry.
Acetic acid was the…
Global High-Performance Insulation Materials Market Overview, Segment Analysis, …
Insulation is a complete barrier to heat transfer through walls and ceiling floors by trapping it in tiny cavities, which helps to control the interior temperature, save money on energy bills, and provide a healthier & more pleasant living environment. Insulating materials that function better when the voids are smaller produce a more effective thermal barrier.
The efficiency of insulation materials is demonstrated by their density, low thermal conductivity, surface emissivity,…
Philippines Charcoal Industry Analysis, Leading Players, Growth and Forecast Rep …
Commercial and residential installations in the Philippines opt for charcoal owing to its traditional favorability, affordability of stoves and accessories, easy availability than coconut shells and wood, low cost, and taste favorability in comparison to other fuels. Low-income households, as well as upper-income groups, witness a high adoption of this conventional fuel source owing to the aforementioned reasons. Moreover, the surging requirement for products that create activated carbon will boost…
What Goes into An Efficient Blisk Production?
An aerospace blisk is a component of aero-engine which consists of a rotor disk and numerous blades in a single part. Subsequently their introduction in the mid-80's, the usage of blisks continues to become popular all over the world. Also called integrally bladed rotors, blisks are generally machined from a solid material such as titanium.
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The usage of aerospace titanium blisks in the…
How Do Government Initiatives Propel Electric Truck Industry?
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…
Commercial Electric Vehicle Market Has a Great Future
In recent years, more electric vehicles have been on the road, and this trend will only continue as global demand rises. Furthermore, as the average daily driving length is usually lower in metropolitan areas, more efficient vehicles are typically more common there. By 2030, it's anticipated that more than 50% of the world's population will reside in urban areas, increasing the need for electric vehicles.
To receive free sample pages of…
Hot Summers of Japan Boosts Nation's Heat Stress Monitor Industry
The Japan heat stress monitor industry is projected to rise in the coming future. Moreover, the Japanese summer is known for its extremely high temperature as well as high humidity. Each year, the massive population of Japan suffers from heat illnesses. People who stay exposed to hot and humid environments for longer periods, more specifically in manufacturing facilities, mines, and stadiums are more prone to heat illnesses.
Under the offering segment,…
Increasing Smartphones Users Are Influencing Wireless Charging Market
You may already own a wireless charging station for your watch or smartphone in the form of a coaster. However, these wireless chargers often demand that your smartphone is near the charger; if you remove it, the charging will cease. Additionally, the chargers still need power cords, so they don't exactly help you organize your living or working environments.
Researchers are working on technologies that allow for wireless device charging, which…
Metaverse Market Will Generate $1,525.7 Billion Revenue by 2030
A digital environment that incorporates Blockchain, mixed reality, augmented reality, and other technologies are called the Metaverse. The creation of spaces for a rich user experience in virtual spaces uses these technologies.
The term "metaverse" refers to a highly immersive 3D virtual environment produced by the use of many different technologies, including AR, VR, and MR.
By constructing a virtual environment in which users may, among other things, conduct business, play immersive…
Marketing Automation Market To Reach a Value of $14,181 Million by 2030
The marketing automation market will grow at a rate of over 12% in the years to come to reach, $14,181 million by 2030. The key factors for industrial growth are the increasing acceptance of digital marketing, snowballing social media use, and increasing application of marketing automation software by SMEs.
Solutions had the major share larger share in the past. This has a lot to do with the increasing acceptance of automation…
Increasing Elderly Population Call for More Spinal Treatments
In 2021, the interbody spine implants market was valued at $1,904.8 million and will reach $2,471.8 million by 2030, growing at a rate of about 3% during the forecast period. The major factors responsible for the development of the market are the improvements in the technologies of spine surgery, an increase in demand for devices for spinal fusion because of the surge in the incidence of spinal ailments, rapid acceptance…
Hospital Risk Management Market To Reach $3,482.3 Million by 2030
The major drivers in the global hospital risk management market are the high prevalence of long-term diseases and the increasing count of medical errors. In 2021, the market was valued at $1,115.4 million, and it is projected to touch $3,482.3 million by 2030. The market will advance at a 13.5% CAGR from 2021 to 2030. Medical errors lead to approximately 3 million deaths every year in comparison to mortality from…
Ocular Implants Market To Reach $17,279.4 Million by 2030
The major drivers in the global ocular implants market are rising investments in R&D of innovative products, rising geriatric population, surging awareness of comprehensive eye care services, and increasing incidence of ophthalmologic illnesses, including age-related macular degeneration (AMD) and glaucoma. In 2021, the market was valued at $10,079.7 million, and it is predicted to touch $17,279.4 million by 2030. It will grow at an approximately 6% CAGR from 2021 to…
Global Pressure Sensitive Adhesives Market Insights, Segment Analysis, Growth Dr …
The pressure-sensitive adhesives market is expected to reach $9,351.8 million by 2024 and demonstrate a CAGR of around 4% during 2019-2024. One of the most-significant factors pushing this market toward prosperity is the growth in the e-commerce industry across the globe. Moreover, due to the changing preferences of consumers and increasing purchasing power, the demand for packaging materials, such as paperboards, is rising. This is itself due to the booming…
Adults Are the Major Consumers of the Dietary Supplements Market
The dietary supplements market had a value of $123.1 billion in 2021. and it is projected to rise at the rate of around 10% in the future, to hit $288.5 billion by 2030. The increasing demand for sports nutritional supplements, growing consumer consciousness about nutrition health and wellness, mounting chronic diseases and shifting preference of the consumers.
People are becoming more aware about benefits of balance diet. There is…
Goat Cheese Dominates the Goat Milk Products Market With 45% Share
The goat milk products market garnered a value of $8,673 million in 2021 and it is projected to rise at the rate of 4.8% in the near future, to hit $13,217 million by 2030. The need for this product is mainly driven by government subsidies in goat farming and people becoming more aware of the benefits of goat milk, and enhancement in the technology in this field.
With the increasing purchasing…
Food Grade Lubricants Market Will Reach $516.5 Million by 2030
Industrial lubricants classified as "food grade" are primarily used to maintain food production equipment. Food Grade Lubricants carry out the same technical work as conventional lubricants; they must resist food product deterioration, display chemical behavior that is neutral toward processing machinery and food packaging and adhere to laws governing the health and safety of food.
By 2030, it is predicted that the food-grade lubricants market will be worth $516.5 million. This…
Rising Popularity for Outdoor Sports and Adventures Boost Sales of Luggage
The luggage market has garnered $38.55 billion revenue in 2021, and it is projected to advance at 7.45% from 2021 to 2030, to generate $73.60 billion revenue in 2030. It is ascribed to the changing consumer lifestyles, rising travel & tourism industry, and surging disposable income in developing countries.
In addition, rapid urbanization, with rising consumer preference for luxury bags with advanced technologies, including high-security locks, GPS trackers, expandable capacity,…
Global Microfiltration Membrane Industry Growth, Segment Analysis, Leading Playe …
The microfiltration membrane market is projected to experience growth in the coming years, ascribed to the rising demand for microfiltration technologies such as industrial wastewater treatment, expansion of the pharmaceutical industry, and increase in the industrial application of this technology in the food & beverage sector.
The microfiltration membranes are expected to generate sales worth $7,517.38 million by 2030. Under the material segment, the PVDF captures a significant share of the…
Global Pharmaceutical Fine Chemicals Market To Grow at 6.2% CAGR between 2020 an …
Factors such as the rise in the elderly population and the rapid growth in the pharmaceutical industry in the APAC region will help the pharmaceutical fine chemicals market to grow at a CAGR of 6.2% between 2020 and 2030. In contemporary years, the surging focus of African countries, such as Nigeria and Kenya, on local production of medical drugs and improvement of public health is creating huge growth opportunities for…
North America Had the Largest Revenue Share in Pre-Insulated Pipes Market
The pre-insulated pipes market will grow significantly in the years to come. Growing acceptance of district heating and cooling systems and building of energy-efficient structures, both meant at lowering consumption of energy during transportation of fluid will drive the demand for pre-insulated pipes in the near future.
Based on installation, the industry is bifurcated into below-the-ground and above-the-ground installation. The former had the larger share. This has a lot to do…
Over Double Revenue Growth Expected in Global Two-Wheeler Hub Motor Market Durin …
The increasing pollution levels and carbon emissions caused because of the large-scale utilization of oil and gas powered vehicles are majorly responsible for the surging popularity of electric vehicles across the world. The deteriorating air quality levels in many countries coupled with global warming has made many environmentalists, activists, and governments take numerous measures for creating awareness about alternative eco-friendly sources of power such as electrical energy. Additionally, the governments…
Demand for Carsharing Highest in Asia-Pacific
The concerns regarding the degrading quality of the environment has been rising since the past few years. The need for reducing carbon dioxide emissions for decreasing the global temperature is surging day by day. Moreover, the transportation industry has significantly contributed to the growing levels of air pollution all across the globe, owing to which, the industry is now trying to come up with solutions to decrease its carbon footprints.…
Increasing Demand for Vehicles in Emerging Economies Driving Demand for Automoti …
The affordability of vehicles has increased significantly over the past few years. Technological advancements have paved the way for cheaper vehicles, along with which, the increasing disposable income of people has made it easier for them to buy private vehicles. Owing to these factors, the global automotive industry has been registering considerable growth over the past few years. Developing countries, including China, Indonesia, India, and Thailand are majorly contributing to…
LED Lighting Market To Reach Over $152,442 Million by 2030
The total value of the LED lighting market will grow at a rate of about 11% in the years to come and reach over $152,442 million by 2030. The main factors that are accountable for the development of the industry consist of booming acceptance of energy-efficient lighting, decreasing cost of LED lights, and cumulative infra-advance activities.
The luminaires had the highest demand in the recent past. This is mainly because of…
Microdisplay Market To Propel At a Growth Rate of Over 17%
The total size of the microdisplay market will grow at a compound annual growth rate of over 17% in the years to come to reach a value of about $5,536 million in 2030. The main factors which are responsible for the development of the industry are the increasing acceptance of head-up display integrated advanced driver assistance systems and cumulative count of near-to-eye applications.
The dominant category in the industry was the…
Growing Need for Business Digitization Driving Low-Code Development Platform Mar …
The global low-code development platform market value is predicted to surge to $190,792.6 million by 2030, according to the estimates of market research company, P&S Intelligence. The market is being driven by the growing requirement for business digitization, less reliance on information technology (IT) professionals, enactment of strict government regulations, burgeoning need for automated workflows, and surging adoption of low-code development tools that reduce the issue of 'shadow IT'.
As per…
