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Press Releases from P&S Intelligence (6083 total)

AR and VR Market Drivers, Restraints, Opportunities, and Trends in Coming Years

The augmented reality (AR) and virtual reality (VR) market is expected to witness a strong CAGR, of 42.9%, during the forecast period (2020–2030), owing to the soaring focus of vendors on price reduction, growing penetration of tablet computers and smartphones, and surging adoption of AR and VR technologies in the healthcare, gaming, tourism, education, and entertainment industries. According to P&S Intelligence, the market was valued at $37.0 billion in 2019

RF Transceiver Market Drivers, Restraints, Opportunities, and Trends in Coming Y …

The major factors responsible for the growth of the radiofrequency (RF) transceiver market are the increasing demand for smartphones and rising penetration of the internet of things (IoT) technology. Due to this, the revenue generated by the market players, which stood at $3,892.1 million in 2019, is projected to grow at a 0.8% CAGR during 2020–2030 (forecast period), to reach $3,384.5 million by 2030. The RF transceiver is an important

HVAC Market Drivers, Restraints, Opportunities, and Trends in Coming Years

Factors such as the growing construction sector, increasing government initiatives to support the installation of heating, ventilation, and air conditioning (HVAC) systems, surging demand for energy-efficient systems, and rising global surface temperature are expected to drive the growth of the HVAC market at a 4.8% CAGR during the forecast period (2020–2030). With this growth rate, the market size will increase from $240.8 billion in 2019 to $358.1 billion by 2030. Get

U.A.E HVAC Market Recent Trends, Developments, Challenges and Opportunities

A surge in construction activities in the transportation sector of the U.A.E. has led to the widescale adoption of heating, air conditioning, and ventilating (HVAC) systems in the country. The gulf country is spending hefty amounts on the construction of airports and expansion of railway infrastructure. These new facilities adopt HVAC equipment to offer better amenities. For example, the U.A.E. government launched "Route 2020" in 2018, to extend the Red

Personal Robots Market Technological Advancements, Evolving Industry Trends and …

The global personal robots market generated a revenue of $21.5 billion in 2019 and it is predicted to progress at a CAGR of 7.8% between 2020 and 2030. Furthermore, the market will reach a valuation of $51.5 billion by 2030. The main factors driving the advancement of the market are the growing usage of security robots and domestic cleaning robots, the burgeoning requirement for home automation, and the rising public

Music Composing Software Market Size, Share, Growth, Trends, Applications, and I …

The global music composing software market was valued at $177.4 million in 2019, and it is predicted to generate a revenue of $1,871.5 million by 2030. Furthermore, the market will progress at a CAGR of 23.8% from 2020 to 2030 (forecast period), as per the estimates of the market research company, P&S Intelligence. The major factors fueling the expansion of the market are the increasing usage of online music streaming

CAD Software Market Share, Size, Future Demand, Top Leading Player, and Emerging …

With the mushrooming usage of the computer-aided design (CAD) software in the packaging industry, its demand is growing rapidly across the world. Packaging involves the designing, wrapping, developing, planning, bottling, or boxing of products for various individual customers and also end-users working in military, manufacturing, and industrial sectors. Packaging systems and equipment helps packaging firms easily complete the different stages of packaging such as wrapping, labeling, strapping, and product filing.

India HVAC Market Trends, Segmentation, Key Players, Application And Forecast

The Indian heating, ventilation, and air conditioning (HVAC) market will grow at a CAGR of 16.0% during the forecast period (2020–2030), due to the increasing disposable income of people and rising investments for infrastructural development in the commercial, residential, and industrial sectors of the country. The market generated revenue of $8,526.7 million in 2019 and it is projected to reach $31,598.6 million by 2030. Moreover, the strengthening real estate sector,

Cinnamaldehyde Market Size, Industry Shares, Global Growth and Business Opportun …

Cinnamaldehyde is basically an organic compound, which provides the smell and taste of cinnamon spice. It is an essential oil, which is commonly found in the bark of cinnamon trees. These trees contain nearly 98% of the chemical. Cinnamaldehyde is majorly used as an odor and flavor agent in the homecare and personal care industries. It is also utilized as a fungicide which exhibits anti-microbial activity that can prevent around

Chiller Market Quantitative Analysis, Current and Future Trends

The World Meteorological Organization (WMO) states that the temperature of the year 2020 was 1.2 °C above the pre-industrial average. The WMO forecasts that there is a 20% chance that average global temperature will temporarily rise by 1.5 °C by 2024. This can be attributed to the emission of greenhouse gases (GHGs), such as carbon dioxide (CO2), methane (CH4), and nitrous oxides (NOx) owing to the combustion of fossil fuels,

What are Major Factors Driving Growth of India CAD Software Market?

The expansion of the construction sector, on account of factors, such as the implementation of initiatives by the government for facilitating infrastructure development and increasing foreign direct investment (FDI), is fueling the demand for computer-aided design (CAD) software in India. According to the India Brand Equity Foundation (IBEF), India will be home to the third largest construction industry in the world by 2022. The organization also reported that the government

Slicing Software Market Recent Trends, Developments, Challenges and Opportunitie …

In recent times, 3D printing has emerged as a popular manufacturing technology as it quickens up the process, allows for the creation of complex parts, enables mass customization, saves material, and checks wastage. Every industry imaginable, including aerospace & defense, jewelry, healthcare, automotive, architecture & construction, industrial manufacturing, energy, education, consumer products, food & culinary and printed electronics, is using 3D printing in some capacity. Hence, with the burgeoning industrial

Fiber Reinforced Plastics Pipe Market Segments Analysis, Current Challenges, Geo …

The Technical Standards and Specifications laid down by the Petroleum and Natural Gas Regulatory Board, India, states the standards for the design, material, and safety of pipelines used in the oil and gas sector. The Schedule 1E of this regulation compels oil and gas companies to control corrosion and the Schedule 1D mandates the testing of pipeline equipment. Likewise, the Pipeline and Hazardous Materials Safety Administration (PHMSA) of the U.S.

Polymer Concrete Market Emerging Trends, Advancement, Growth Drivers and Busines …

The Asian Infrastructure Investment Bank (AIIB) committed $60 million to the STIC Asia Infrastructure Innovation Fund in November 2021. The fund will help small and medium-sized companies involved in smart city, transport and logistics, green energy infrastructure, social infrastructure, and digital infrastructure development prosper in the Republic of Korea, Southeast Asia, and South Asia. Likewise, the Government of Canada signed the Integrated Bilateral Agreement for the Investing in Canada Infrastructure

What is Biggest Trend Currently Witnessed in Skincare Devices Market?

The growing prevalence of skin diseases is pushing up the demand for skincare devices across the world. As per the World Health Organization (WHO), nearly 132,000 people are diagnosed with melanoma all over the world every year. Furthermore, the organization reported that non-melanoma skin cancer affects between 2 and 3 million people around the world every year. Some of the major reasons behind the high incidence of skin diseases are

Increasing Incidence of Burn Cases Driving Demand for Topical Scar Treatment Pro …

With the rising incidence of burn cases, the demand for scar treatment products is surging sharply across the world. This is because scars usually form during the healing of burns, as the body recovers from skin damage. These scars appear as discolored and thick skin. As per an article produced in the Experimental and Therapeutic Science journal in April 2019, there are over 10 million people who suffer from burns

Why Is Rising Cancer Incidence Biggest APAC Gene Therapy Market Driver?

The Asia-Pacific (APAC) gene therapy market is growing on account of the increasing research and development (R&D) activities in this field, many of which are yielding positive clinical trial results, and rising incidence of chronic diseases. Because of these factors, the market generated revenue of $349.1 million in 2020, and it will grow at a 36.8% CAGR between 2021 and 2030 (forecast period), to reach $6,931.5 million by 2030. Such

Huge Growth Expected in U.S. HVAC Services Market in Future

The construction industry in the U.S. has been witnessing growth due to a number of factors, including the increasing population, focus towards infrastructural development, and swift urbanization. For example, as per the U.S. Census Bureau, the population in the country is predicted to rise by about 7% during 2019–2029. Residential construction activities are majorly increasing in the country, owing to the government initiatives for rising the home ownership rate. Get

Huge Growth Expected in Smart Meters Market in Future

A number of factors, such as the rise in the focus on smart grids, government policies supporting the installation of smart meters, two-way communication characteristic of such meters, surge in the consumer awareness on energy conservation, and increase in residential construction activities, are expected to drive the smart meters market at a CAGR of 4.9% in the foreseeable period (2020–2030). According to P&S Intelligence, the market generated $13.1 billion revenue

Certificate Authority Market Size, Share, Growth, Trends, Applications, and Indu …

The certificate authority market is expected to demonstrate a CAGR of 12.3% during the forecast period (2020–2030), owing to the escalating need of businesses to establish trust among online customers and rising public awareness about secure web access. Additionally, the booming population of internet users and increasing number of transactions that require authentication and secure connection will also help the market revenue surge from $81.7 million in 2019 to $285.7

Webgames Market Size, Share, Scope and Comprehensive Analysis

Smartphones and tablets of contemporary times feature higher speeds, larger screens, better processors, and high definition (HD) displays, owing to which, they have become feasible for gaming from any location and at any time. These devices also feature high configurations, which support all types of games. Additionally, the rapid advancements in the mobile communication sector are enabling gamers to play online games without any graphic or speed issues. Besides, the

What are Major Factors Driving Growth of Global Alpha Olefins Market?

The burgeoning demand for alpha olefins in the production processes of various specialty chemicals such as lubricants, oilfield chemicals, surfactants, plastomers, and plasticizers is one of the biggest factors fuelling the rise in their sales throughout the world. Plastomers are widely used in various packaging applications and polymer modifications, owing to their hybrid characteristics of plastics and elastomers, excellent compatibility with hard water, and the ability to provide low-costs advantages

Why will Protein A Resin Market Boom in North America in Future?

In 2019, the global protein A resin market reached a valuation of $486.4 million in 2019 and is predicted to generate a revenue of $1,020.7 million by 2030. As per the market research company, P&S Intelligence, the market will advance at a CAGR of 7.0% between 2019 and 2030. The rising incidence of chronic diseases, the surging geriatric population, and the soaring investments being made for protein-based research are the

Rising Chronic Disease Cases Fueling Protein Expression Demand

According to the World Health Organization (WHO), 1.7 million new HIV/AIDS cases were recorded worldwide in 2019. Furthermore, the WHO states that chronic obstructive pulmonary disease (COPD) and cardiovascular diseases (CVDs) were responsible for 3.23 million and 17.9 million deaths, respectively, in 2019. It also revealed that cancer took approximately 10 million human lives in 2020. Most of the cancer-related deaths were caused due to breast cancer, lung cancer, colon

Growing Cancer Prevalence Fueling Demand for Customized Peptide Synthesis

The growing prevalence of cancer and infectious diseases is fueling the demand for customized peptide synthesis across the world. According to the World Health Organization (WHO), cancer claimed the lives of 9.6 million people all over the world in 2018. Furthermore, the emergence of various new peptide-based products is also propelling the advancement of the customized peptide synthesis market. For example, Biotage AB introduced its new Alstra remote software in

APAC Compressor Market Size, Trends, Company Profiles, Growth Rate, Trends and i …

The surging investments being made in infrastructural development and construction projects in countries such as India and China are causing a sharp rise in the sales of compressors in the Asia-Pacific region. Currently, there are many infrastructural development projects in pipeline in China. According to reports China approved the development of rail projects worth $43.3 billion in Shanghai in December 2018. Similarly, the Indian government is aiming to build as

India Compressor Market Competitive Landscape, Insights by Geography, and Growth …

The Indian compressor market was valued at $1,943.4 million in 2019, and it is predicted to generate a revenue of $2,891.9 million by 2030. According to the estimates of the market research company, P&S Intelligence, the market will progress at a CAGR of 6.2% from 2020 to 2030. The expansion of the automotive industry is one of the major factors fueling the growth of the market. According to the India

aPaaS Market Share, Size, Future Demand, Top Leading Player, and Emerging Trends

The burgeoning requirement for scalability and flexibility in application development is positively impacting the demand for application platform as a service (aPaaS) solutions. The development and deployment of various on-premise applications require operating systems (OS), databases, hardware, and various other types of software. PaaS solutions provide the infrastructure over the internet for deploying the applications. Thus, the adoption of aPaaS allows enterprises to avoid unnecessary investments in the technicalities related

5G Infrastructure Market Recent Trends, Developments, Challenges and Opportuniti …

The global 5G infrastructure market revenue stood at $1.5 billion in 2020, and it is predicted to increase significantly during 2021–2030 (forecast period). The market is being driven by the growing adoption of technologies that require fast internet connection, such as artificial intelligence (AI), burgeoning requirement for low-latency internet, increasing adoption of virtual networking architecture in the telecommunications sector, and surging number of mobile data users across the world. Furthermore,

Middle East and Africa Specialty Chemicals Market Emerging Trends, Advancement, …

With the growing requirement for food products, on account of the mushrooming population, farmers are increasingly employing the use of modern agricultural practices such as the use of insecticides, fungicides, pesticides, and fertilizers in order to augment the crop productivity. Moreover, the rapid advancements being made in the agriculture sector, which is the dominant sector in several African countries, are also positively impacting the usage of specialty chemicals in farming

Mushrooming Popularity of Lightweight Vehicles Propelling Growth of APAC Automot …

Automotive adhesives and sealants refer to the substances that are used for several bonding and sealing applications in the automobile industry. These substances are chemically similar but functionally different. Such adhesives and sealants help in enhancing performance, driving experience, reliability, and vehicle safety. These substances are being used in large quantities in Indonesia, Thailand, Vietnam, the Philippines, Japan, and China, due to the implementation of automotive fuel economy policies in

Growth of the Automotive Adhesives and Sealants Market in Germany - P&S Intellig …

The International Organization of Motor Vehicle Manufacturers (OICA) estimated that a total of 3,742,454 vehicles were manufactured in Germany in 2020. Further, the German Association of the Automotive Industry stated that the production volume of passenger cars in Germany increased from 123,504 units in August 2021 to 208,700 units in September 2021. Thus, the increasing vehicle production in the country, owing to the presence of automobile giants, will propel the

Methionine Market Analysis, Trends, Developments, and Business Opportunities | P …

Methionine is one of the nine essential amino acids required by the human body as it aids in tissue repair and growth. It is a sulfur-containing amino acid that strengthens the nails and improves the pliability and tone of the hair and skin. The sulfur provided by it also slows cell aging and protects cells from pollutants. Additionally, sulfur is essential for the bio-availability and absorption of zinc and selenium.

Booming Construction Activities Driving Paints and Coatings Demand in Asia-Pacif …

Paints and coatings are extensively used in vehicles for aesthetic and protection purposes. Several types of paints and coatings materials are applied on various vehicle components and also over the body of the automobile in order to improve its efficiency, resistance to various environmental conditions, and durability. With the surging per capita income of people in the emerging economies such as India and China, the sales of personal vehicles are

How is Organ-on-Chip Technology Revolutionizing Medical Research?

A recent innovation in biomedical engineering, the organ-on-chip technology helps researchers overcome the limitations and constraints of the traditional two-dimensional cell culture processes and methodologies by enabling the development of models that mimic the 3D (three-dimensional) arrangement of various cell types in the human body more accurately. With the growing incidence of chronic diseases, the requirement for advanced treatment methods is rising rapidly. This is pushing up the requirement for

Surging Number of Hospitals Driving Practice Management Systems Market

Growth drivers such as improving healthcare infrastructure, digitalization of healthcare systems, mounting pressure to reduce healthcare costs, and increasing sales of value-added services will fuel the practice management systems market at a CAGR of 9.7% during the forecast period (2018–2023). According to P&S Intelligence, the market generated a revenue of $9.3 billion in 2017 and it has the potential to reach $16.0 billion by 2023. Moreover, constant technological developments will

Laboratory Information System Helping Manage Voluminous Medical Data

Laboratory information management solutions have become an essential part of hospitals and reference laboratories, as they help obtain accurate information and assist medical practitioners in informed decision making. This software enables users to obtain, store, recover, and manage laboratory data on inventory supplies, timely maintenance of equipment, and test outputs. Moreover, the software enhances the treatment procedure by providing precision in test results. Besides, the surging application of automated equipment

Asia-Pacific Printing Inks Market Propelled by Population Boom - P&S Intelligenc …

Around 4.3 billion, or 60% of the global population, is concentrated in Asia-Pacific (APAC), says the United Nation Population Fund (UNFPA). This number is increasing rapidly, especially in China, India, South Korea, Japan, and Thailand. With population boom, the demand for food and beverages, pharmaceutical products, electronic gadgets, and everything else is surging. This is why the requirement for various packaging materials and products is consistently high at manufacturing plants.

What are Key Factors Causing Boom of MVNO Market?

A number of factors such as the surging demand for low-cost mobile services and penetration of mobile devices, increasing need for triple-play services in emerging economies, segment-targeted pricing and innovative distribution strategies, and rising requirement for high-speed internet connectivity across the world are expected to drive the growth of the mobile virtual network operator (MVNO) market at a CAGR of 7.1% during the foreseeable period (2021–2031). According to P&S Intelligence,

E-Signature Market Competitive Landscape, Insights by Geography, and Growth Oppo …

As enterprises are transferring their businesses to the cloud, it has become essential for organizations to shift from wet signatures to e-signatures. The rising deployment of cloud technology and mobile banking transactions, especially during the COVID-19 pandemic, is escalating the need for multi-channel security solutions and improved user experience across all sectors. Moreover, the escalating frequency of cyberattacks, owing to the vulnerabilities attached to cloud technology, will encourage enterprises to

Rising DIY Trend Fueling Online Sales of Automotive Aftermarket Products in U.A. …

In the recent years, the popularity of e-commerce automotive aftermarket companies such as Amazon Marketplace and eBay Motors has grown massively in the U.A.E., and this trend will continue in the coming years. This is because these companies provide a diverse range of products, fast transactions, and a hassle-free and smooth shopping experience to customers. Moreover, the online buying of automotive products from aftermarket companies allows customers to do extensive

North America Shower Glass Door Market Size 2021-2030 Key Trends And Opportunity …

The rapid urbanization in North America is leading to the construction of modern, luxurious bathrooms, which, in turn, has resulted in the wide adoption of shower glass doors. In recent years, the urban population has outgrown the rural population in the region, owing to which the installation of such doors has significantly increased. The 2018 Revision of World Urbanization Prospects by the United Nations Department of Economic and Social Affairs

3D Printing Materials Market Trends, Regional Outlook, Challenges and Business O …

It is the continuous evolution in the science of using one object or material to create another that has helped the human species survive for so long. In other words, a solid manufacturing base is the key to modern comforts and a strong economy. Thus, with human needs changing over time, the manufacturing technology is also evolving. The biggest current revolution in this space is 3D printing, wherein a printer,

Huge Growth Expected in Surgical Site Infection Market in Future

Surgical site infections (SSIs) are the most common types of healthcare-associated infections (HAIs). These infections lead to longer hospital stays, and the patients may require additional surgical procedures and intensive care. The risks associated with SSIs often lead to morbidity and mortality, owing to which healthcare professionals across the world are using SSI products. Thus, the rising cases of SSIs will boost the adoption of such products in healthcare facilities.

How the Molecular Cytogenetics Market Has Witnessed Substantial Growth in Coming …

Molecular cytogenetics involves every aspect of chromosome biology and the application of this technique in all areas of medicine and biology, including functional and structural organization of the nucleus and chromosomes, expression and evolution, chromosome abnormalities in tumor genetics and medical genetics, and genome variation. This branch of science uses technologies like karyotyping, immunohistochemistry (IHC), fluorescence in situ hybridization (FISH), and comparative genomic hybridization (CGH) to detect various chromosomal and

Huge Growth Expected in Healthcare Insurance Market in Future

Due to the rising incidence of chronic diseases and the surging costs of medical treatments and healthcare, healthcare insurance is rapidly becoming highly essential across the world. According to the World Health Organization (WHO), chronic diseases are one of the major causes of disability and death across the world. Furthermore, the organization predicts that 43.0% of the total diseases around the world will be chronic diseases by 2020. This will

Ethanolamines Market Trends, Business Strategies, Regional Outlook, Challenges a …

The burgeoning demand for personal care products, such as laundry detergents, soap bars, and shampoos, on account of the mounting disposable income of people and increasing availability of such products, will create a huge requirement for ethanolamines in the foreseeable future. Personal care product companies use this chemical as an emulsifying ingredient and surfactant. The Organisation for Economic Co-operation and Development (OECD) states that the per capita gross adjusted disposable

Digital Signature Market Outlook and Opportunities in Grooming Regions

With the growing incidence of data thefts and frauds, the requirement for digital signatures is surging, especially in the banking, financial services, and insurance (BFSI) sector. Many companies operating in this sector are increasingly adopting the digital signature-based biometric technology for identifying and authenticating the signature of users. Moreover, this technology ensures that the users’ signature cannot be stolen and copied for any purpose. Additionally, the use of digital signature-based

Edge AI Software Market Drivers, Restraints, Opportunities, and Trends in Coming …

With rapid advancements in the artificial intelligence (AI) software, the requirement for intelligent applications is surging sharply. This is, in turn, driving the demand for the edge AI software, as these intelligent applications need a high computing power to process and gather information continuously for providing significant and effective outcomes, which is only possible with the adoption of this software. Additionally, the burgeoning requirement for greater efficiency in data processing

What are Key Factors Causing Boom of Interactive Display Market?

Nowadays, flexible light-emitting diode (LED) interactive displays are being preferred over interactive LCDs as they offer high-resolution and a better picture quality than the latter. Flexible LED displays capture picture motions in multiple configurations and several areas, from a wide range of gadgets, such as personal computers (PCs), link boxes, and cameras. Unlike LCDs, flexible LED displays are thin, owing to which they provide better aesthetic appeal to the viewer,

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