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Press Releases from P&S Intelligence (5184 total)

Commercial AC Market Worldwide Opportunities, Driving Forces, COVID-19 Impact An …

With the expansion of the construction industry, the demand for commercial air conditioners (ACs) is growing rapidly across the globe. As per various reports, the valuation of the global construction industry is predicted to rise from $10.5 trillion in 2017 to $12.8 trillion by 2022. The governments of several countries are launching massive infrastructural development projects such as the building of office complexes, airports, and rail systems, which is massively

Extended Reality Market Size, Trends, Company Profiles, Growth Rate, Trends and …

The global extended reality (XR) market revenue stood at $18.6 billion in 2019 and it is expected to rise to $1,005.9 billion by 2030. Furthermore, the market will progress at a CAGR of 48.3% from 2020 to 2030, as per the estimates of the market research company, P&S Intelligence. The market is being driven by the soaring usage of smartphones, 5G, connected devices, and augmented reality (AR)/virtual reality (VR) solutions,

Automotive Adhesives and Sealants Market To Generate $12,646.8 Million Revenue b …

The automotive adhesives and sealants market is expected to grow from $7,438.2 million in 2019 to $12,646.8 million by 2030, registering 7.0% CAGR during 2020–2030. This can be attributed to the surging demand for lightweight vehicles and rising safety standards and regulations. Currently, the market is observing a shift from spot-welding to new assembly methods. Automakers are employing these methods to create efficient vehicle designs by using coated steels, lighter-gauge

Tremendous Growth Expected in Global Solar Control Glass Industry in Future

Solar control glass refers to the glass which consists of a special coating that reflects a major portion of sunlight, thereby, reducing the heat entering into a building. Installation of such glass, therefore, helps in cooling and brightening indoor spaces. Additionally, the usage of such glasses can also reduce the need for blinds and air-conditioning systems in newly constructed green buildings. Thus, the surging use of glass in modern buildings

Pharmaceutical Fine Chemicals Market Overview, Leading Players, Growth and Futur …

According to the United Nations Department of Economic and Social Affairs (UNDESA), the global population of people aged 65 years or above will surge from 703 million in 2019 to 1.5 billion by 2050. Due to the weak immune system and weak physical traits of the elderly, they are easily affected by various diseases. The surging prevalence of several illnesses among the geriatric population is creating a high requirement for

Automotive HMI Market to Record CAGR of 10.8% and Increase in Revenue by 2030 | …

Automobile manufacturers are integrating human–machine interface (HMI) systems to cater to the increasing preference of customers to remain connected with the outside world, while on road. Because of the increasing in-vehicle connectivity features in infotainment systems to connect smartphones with the vehicle, automobile diagnostics, traffic and collision warnings, real-time traffic monitoring, and roadside assistance, the automotive HMI market is expected to display a CAGR of 10.8% during 2020–2030. Besides, increasing

Automotive Sensors Market Expected to Reach $58,215.3 Million, Globally, by 2030 …

The surging integration of advanced driver assistance systems (ADASs) in vehicles is an important factor propelling the demand for automotive sensors across the world. Furthermore, the increasing popularity of autonomous vehicles is significantly boosting the global demand for these sensors. These sensors are incorporated in autonomous vehicles for numerous purposes such as eye tracking, speech recognition, virtual assistance, driver monitoring, gesture recognition, and in natural language interface. Additionally, “the development

Growing Adoption of Targeted Therapy Driving Immunotherapy Drugs Market

In 2017, the global immunotherapy drugs market reached a value of $106.1 billion and is predicted to advance at a 13.6% CAGR during the forecast period (2018–2023). The market is growing because of the rising availability of biosimilars, surging prevalence of chronic diseases, increasing implementation of target therapy, and rising demand and development of mAbs. Immunotherapy is the treatment of a disease by enhancing, inducing, or suppressing an immune response

Increasing Need for Durable Structures Boosting Construction Chemical Usage

A range of chemicals are added to concrete, cement, and other construction materials to keep everything intact and increase the strength of the final mixture. These are used in large quantities in the civil repair and construction sectors. Therefore, the surging rate of urbanization in emerging economies has led to the large-scale consumption of such chemicals in these countries, as they make buildings more durable. Moreover, the rising need for

Conductive Polymers Market Insights, Leading Players, Growth and Future Scope

“Power generation from solar PV is estimated to have increased by 22% in 2019, to 720 TWh.”, the International Energy Agency (IEA) says. Moreover, in 2019, solar power became the third-leading renewable source of electricity after hydropower and onshore wind power, overtaking bioenergy. Such growth is a result of the continuous government support around the world for producing clean energy, so that a complete shift can be made away from

North America Electric Scooters and Motorcycles Market Size, Business Strategies …

With the increasing greenhouse gas (GHG) emissions and the escalating air pollution levels, the demand for environment-friendly mobility solutions is growing rapidly in North America. Moreover, the governments of many North American countries are implementing policies for encouraging the adoption of electric vehicles, including electric two-wheelers such as electric scooters and motorcycles. For instance, in the U.S., both federal and state governments are providing various incentives for augmenting the deployment

Ultrasound Device Market to Witness Robust Growth in Coming Years

The global ultrasound device market is projected to advance at a considerable rate in the coming years, which is attributed to the surging geriatric population, rising healthcare cost, technological advancements in ultrasound devices, increasing prevalence of chronic and lifestyle associated diseases, and rising demand for minimally invasive diagnostic and therapeutic techniques. Ultrasound devices are utilized for therapeutic and diagnostic applications. In terms of display, the market is bifurcated into colored

Razor Market Share, Business Growth 2021: Statistics and Growth, Regional Analys …

One of the major factors fuelling the surge in the demand for razors is the increasing focus on personal grooming across the world. Due to the rising influence of Western Culture, men in several countries around the world are increasingly becoming aware about their grooming and appearance, especially their beard and hairstyles. As a result, the footfall in the male-special spas and salons is rapidly increasing. According to The Proctor

What Are the Evolving Opportunities for the Players in the Microdisplay Market?

The rising number of near-to-the-eye applications and increasing preference for advanced driver assistance systems (ADAS) that are integrated with heads-up displays (HUDs) are resulting in the rising sales of microdisplays. As a result, the microdisplay market, which valued $1.0 billion in 2019, is projected to grow to $4.0 billion by 2030, at a 13.4% CAGR during 2020–2030 (forecast period). As the name suggests, microdisplays are displays of rather small sizes

How the CAD Software Market Has Witnessed Substantial Growth in Coming Years?

The global computer-aided design (CAD) software market attained a valuation of $9.3 billion in 2019 and it is predicted to advance at a CAGR of 6.6% between 2020 and 2030. According to the forecast of P&S Intelligence, a market research company based in India, the market will generate a revenue of $18.7 billion by 2030. The growing adoption of the CAD software in automotive and manufacturing industries is one of

Growing Wind Power Capacity Driving Wind Tower Market

From around 180,000 Megawatts (MW) in 2010, the global installed capacity of wind plants grew massively to more than 733,000 MW in 2020, as per the International Renewable Energy Agency (IRENA). Moreover, as per a report by the Global Wind Energy Council (GWEC), the world needs to add 180 Gigawatts (GW) of wind energy capacity each year till 2050 if the net carbon emissions are to be reduced to zero.

Demand for Geothermal Power Set to Soar in Future

Geothermal energy is generated from the heat energy stored under the crust of the Earth, using the steam produced from the hot reservoirs present beneath the surface. These power plants operate a high temperatures, within a range of 300 °F–700 °F, utilizing the hydrothermal resources that come from either hot water wells or dry steam wells. The steam produced by the hydrothermal resources is needed for the rotation of the

Advent of Alternative Power Generation Technologies Boosting Planar Solid Oxide …

Several end-use industries, such as chemical, power generation, and automotive, are increasingly using planar solid oxide fuel cells (SOFCs) due to the various advantages offered by such cells, such as fuel adaptability, high efficiency, and low sulfur oxide (SOx) and nitrogen oxide (NOx) emissions. The increasing adoption of these cells can be attributed to the surging enactment of stringent regulations in Germany, Japan, and the U.S. to curtail the generation

Denim Market Size, Key Trends And Opportunity Areas by Leading Players | Levi St …

The global denim market is predicted to generate a revenue of $79.2 billion in 2023, increasing from $56.1 billion in 2017, progressing at a 5.8% CAGR during the forecast period (2018–2023), as per a research conducted by P&S Intelligence. The worldwide growth in the e-commerce industry and transformation of the Asian retail clothing industry are the major driving factors of the market. In terms of segment, the market is divided

Potential Impact and analysis of COVID-19 Pandemic on India Electric Bus Market …

The Indian electric bus market had a valuation of $94.3 million in 2020 and it is predicted to advance at a CAGR of 48.8% between 2021 and 2025. According to the market research company, P&S Intelligence, the market will generate a revenue of $1,364.4 million by 2025. The key factors driving the advancement of the market are the increasing implementation of favorable government policies regarding electric bus deployment and the

How is Booming Life Sciences Sector Contributing to Growth of Dental Implants an …

The dental implants and prostheses market is expected to advance at a CAGR of 6.1% during the forecast period (2018–2023), due to the surging incidence of dental problems, amplifying popularity of cosmetic dentistry procedures, soaring number of dental implant surgeries, booming geriatric population, escalating healthcare expenditure, and rising concern and awareness regarding oral hygiene. Owing to these factors, the market value is projected to grow from $7.2 billion in 2017

Boom Predicted in Ceramic Matrix Composite Sales in Future

Ceramic matrix composites (CMCs) are being increasingly used for the production of automotive components. The rising consumption of CMCs can be owed to their low weight. In the coming years, as the demand for lightweight vehicles escalates owing to their exceptional fuel efficiency, the usage of CMCs will rise in the automotive industry. Moreover, the less-polluting characteristics that these materials impart to automobiles will boost their adoption in the foreseeable

Fingerprint Sensors Market Revolutionary Trends, Future Potential and Revenue Es …

The increasing risks of frauds and thefts in the banking, financial services, and insurance (BFSI) sector, on account of the surging penetration of connected devices and the internet, will augment the requirement for fingerprint sensors in the coming years. The rising incidence of such threats has led to the emergence of biometric cards. Unlike conventional payment cards, biometric cards are more secure and fast. Fingerprint sensors-enabled payment cards can authenticate

Mobile POS Terminals Market Competitive Landscape, Insights by Geography, and Gr …

The surging focus of the retail sector on improving customer experience is resulting in the large-scale installation of mobile point-of-sale (mPOS) terminals at the outlets of retail chains and independent stores. These outlets are adopting mPOS terminals to preserve the time of customers which is wasted while standing in long check-out queues. Deployment of these devices enables customers to complete the purchase directly from the main product area in a

What's are Key Factors Driving Growth in Global Tungsten Carbide Powder Market?

Tungsten carbide is used in varied applications in the defense, metalworking, oil & gas, power generation, and automotive industries, due to its superior properties, such as high thermal conductivity, high resistance to scratches and indentations, and stiffer than steel. The compound also displays exceptional resistance to ammonia, acetone, ethanol, water, gasoline, and weak acids. Owing to these, the tungsten carbide powder market will accelerate at a CAGR of 3.6% during

North America Acid-Etched Glass Market Share, Size, Future Demand, Top Leading p …

A number of driving factors such as the soaring urban population, escalating construction activities in the commercial and residential sectors, and rising preference for high-end products will propel the North American acid-etched glass market at a 5.5% CAGR during the forecast period (2021–2030). According to P&S Intelligence, the market generated revenue of $237.3 million in 2020, and it is projected to generate $403.1 million by 2030. Additionally, the increasing preference

Automotive Wire Harness Market Hit Almost $59.3 Billion Figure By 2030 | Yazaki …

A large number of wire harnesses are integrated into electric vehicles (EVs) because they have more electrical and electronic components than internal combustion engine (ICE)-powered vehicles. EVs require these wires for electricity transmission and transmission of the high volumes of data that is generated by them. Thus, the increasing adoption of EVs, especially battery electric vehicles (BEVs), in the U.S., China, Germany, and Japan will fuel the adoption of wire

High Disease Incidence Driving Image-guided Surgery Devices Market

A number of factors, such as the rising cases of neurological illnesses, surging aging population, growing healthcare expenditure, increasing incidence of cancer and other chronic diseases, and technological developments in medical imaging systems, are projected to boost the growth of the image-guided surgery devices market at a 6.5% CAGR in the forecast period (2017–2023). Moreover, the presence of several established players, including Siemens AG, Koninklijke Philips N.V., GE Healthcare, Canon

Expansion of Food & Beverages Industry Driving Coding and Marking Systems Market

The increasing usage of coding and marking systems in the pharmaceutical, cosmetic, and food & beverage industries is the primary factor augmenting their sales all over the world. Out of these industries, the requirement for coding and marking systems is currently the highest in the food & beverage industry. Because of this factor, the food & beverage industry is holding the largest share in the coding and marking systems market. Download

Booming Cosmetics Industry Driving Demand for 1,3-Butylene Glycol in Asia-Pacifi …

With the expansion of the cosmetics industry, the demand for 1,3-butylene glycol is rising sharply across the world. This is because the compound is heavily used as a humectant in cosmetics, due to its ability to be used as viscosity-decreasing component. In addition to this, the compound fixes volatile compounds such as flavors and fragrances in cosmetic formulations, which, in turn, stabilizes them, assists in aroma retention, and prevents the

Electronic Shelf Label Market Share, Business Growth 2020: Statistics and Growth …

The global electronic shelf label market is set for lucrative growth in the coming years, primarily due to the growing demand for retail automation, rising public awareness about electronic shelf labels, and the ability of these systems to improve the operational efficiency of retail stores and provide real-time product positioning. An electronic shelf label is basically an electronic version of the price tag that utilizes e-ink for displaying a label

Network Telemetry Market Size, Trends, Company Profiles, Growth Rate, Trends and …

The global network telemetry market revenue stood at $200 million in 2020 and it is predicted to rise significantly during 2021–2030 (forecast period). The factors driving the expansion of the market are the surging digitalization rate, soaring prevalence of network security attacks, increasing adoption of network telemetry solutions by many service providers and organizations such as consultancy providers and telecom firms, and the burgeoning requirement for the optimization of network

Over 23.0% CAGR Predicted in Global E-Commerce in Automotive Aftermarket Between …

With rising digitization and the increasing popularity of online shopping, the companies selling automotive aftermarket parts and components are rapidly shifting their operations toward online portals. Moreover, nowadays, customers are increasingly preferring buying automobile parts from online portals over the conventional brick-&-mortar outlets, on account of the availability of a diverse product range, hassle-free and smooth transactions, and the timely delivery of products according to the consumer convenience in these

Indian Electric Vehicle Supply Equipment Market to see 54.2% CAGR from 2019 to 2 …

The growing adoption of electric vehicles (EV) is pushing up the demand for electric vehicle supply equipment (EVSE) in India. According to various reports, the sales of EV grew by 32.0%, that is, from nearly 576,000 units in 2018 to more than 760,000 units in 2019. This is credited to the increasing implementation of favorable government policies regarding the deployment of green vehicles and the increasing concerns being raised by

Huge Growth Expected in Hysteroscope Market in Future

The rising cases of female infertility, surging incidence of abnormal uterine bleeding in people, growing prevalence of uterine cancer, and the soaring population of geriatric females are driving the demand for hysteroscopy across the world. Moreover, the rapid technological advancements in medical sciences and surgeries have made minimally invasive procedures such as hysteroscopy possible in several countries. These factors are pushing up the sales of hysteroscopes which is, in turn,

Global Insulation Market by Product, Application and Forecast Report 2025

With the increasing industrialization and urbanization rates in several countries, the demand for industrial and residential insulation is rising sharply across the world. In the manufacturing industry, thermal and acoustic insulation is extensively required in stacks, boilers, turbines, exhausts, and incinerators. This is why the expansion of the manufacturing sector, especially in the developing nations of APAC such as India, China, Malaysia, Indonesia, Thailand, and the Philippines, is positively impacting

Sales of Injection Molded Plastics Set to Soar in Asia-Pacific in Future

The mushrooming requirement for injection molded plastics in the automotive industry is one of the major factors fueling their sales across the world. These plastics are heavily used for manufacturing various automobile parts and components in order to reduce the overall weight of the automobile. Moreover, the rising requirement for lower vehicle weight because of the ballooning demand for higher fuel efficiency is propelling the usage of injection molded plastics

Industrial Lubricants Market Set to Exhibit Lucrative Growth in Asia-Pacific in …

The increasing industrial output in the emerging economies, such as India, Indonesia, China, Brazil, and Russia, has boosted the consumption of industrial lubricants such as process oil, engine oil, general oil, and metalworking fluid. In recent years, the production capacity of the consumer appliance, mining, metal forming, plastics industries of these nations has increased to a significant extent. The surging industrial output can be primarily owed to the advent of

U.S. Beauty Products Market Set to Generate Over $120.0 Billion Revenue by 2030 …

The U.S. beauty products market had a valuation of $81.1 billion in 2019 and it is predicted to advance at a CAGR of 4.8% between 2020 and 2030. Furthermore, the market is predicted to generate a revenue of $128.7 billion by 2030. The surging population of geriatric people, the rising incidence of skin diseases, and the soaring personal care spending are the major factors fueling the expansion of the market. Request

Automotive Over-The-Air Updates Market Hit Almost $13,859.5 Million Figure By 20 …

The global automotive over-the-air (OTA) updates market attained a revenue of $2,422.6 million in 2020, and it is predicted to progress at a CAGR of 19.5% between 2021 and 2030. Furthermore, the market will reach a valuation of $13,859.5 million by 2030, as per the forecast of P&S Intelligence, a market research company based in India. The factors driving the market advancement are the growing deployment of electric vehicles (EVs)

Increasing Chronic Disease Prevalence Fueling Hypodermic Needle Market Growth

Due to the increasing incidence of chronic and lifestyle-associated diseases and the surging population of geriatric people, the global hypodermic needle market is expected to exhibit huge expansion in the coming years. Furthermore, the increasing concerns being raised over the escalating prevalence of needlestick injuries are also propelling the expansion of the market. According to the estimates of the market research company, P&S Intelligence, the market will progress at a

Rising Popularity of Grilling and Barbeque Set to Usher Prosperity in Global Cha …

With the mushrooming popularity of barbecued and grilled foods, the demand for charcoal is rising sharply across the world. This is because charcoal is extensively used as a cooking fuel in barbecue and grilling applications. Moreover, people all over the world are increasingly preferring grilled food, on account of their growing awareness about healthy foods and lifestyles. Besides, the soaring requirement for charcoal in water treatment plants is also driving

Acoustic Vehicle Alerting System Market Size, Business Strategies, Opportunities …

As the adoption of electric vehicles (EVs) shoots up, the production of acoustic vehicle alerting systems (AVAS) will also surge exponentially. It is being speculated that the total number of electric cars might reach around 130 million by 2030. The rapid shift to these new-energy vehicles can be primarily owed to the rising consciousness about the high air pollution levels. To control the emission of toxic vehicular pollutants, governments and

Automotive Tire Market COVID -19 Impact Research Report with top Players and Gro …

The increasing lifespan of automobiles is pushing up the demand for automotive tires across the world. In recent years, because of various technological innovations and advancements, the average lifespan of automobiles has increased significantly, that is, from 10.5 years to 12 years from 2010 to 2018. Moreover, with the increasing implementation of various government regulations and the rising competition between automobile manufacturers, the reliability and durability of vehicles would rise

Increasing Government Support Fostering Solar Panel Recycling Market

The rising adoption of solar power as a renewable energy source and the increasing support from several governments toward sustainable development will drive the solar panel recycling market at a CAGR of 22.0% during the forecast period (2018–2023). The market value stood at $80.7 million in 2017, and it is expected to reach $269.8 million by 2023. Solar panels are made up of silicon, glass, synthetic materials, aluminum, and other

Huge Growth Expected in 3D Bioprinting Market in Future

The global 3D bioprinting market is projected to reach a value of $792.5 million in 2022, witnessing a CAGR of 35.9% during the forecast period (2016–2022). The market is registering growth due to the high demand for tissues and organs for transplantation, technological advancements and innovations, and rising compliance for drug discovery processes. 3D bioprinting is an additive manufacturing technology and refers to the process of creating 3D structures by

Lithium-Ion Battery Recycling Market to Advance at a CAGR of 18.3% during 2020 …

Growth factors like finite resources of lithium and rising preference for electric vehicles (EVs) are projected to propel the lithium-ion battery recycling market growth, with a CAGR of 18.3%, during the forecast period (2020–2030). In addition to the limited amount of lithium, along with mining leads to water pollution due to leakage of chemicals in water sources, recycling of battery is becoming prevalent as there is no alternative substance that

Last Mile Delivery Market Evolving Opportunities with Top Key Players, 2030: Uni …

The huge investments being made by various venture capitalists in last-mile delivery services are fueling the expansion of the global last mile delivery market. The market is witnessing a sharp surge in the number of start-ups that are being heavily funded by various venture capitalists for expanding their businesses. Because of these reasons, the last mile delivery market is predicted to exhibit a CAGR of 20.3% between 2020 and 2030,

Mattress Market Expected to Reach $64,045.5 Miillion, Globally, by 2030 | Americ …

A number of factors, such as the surging disposable income and favorable government policies, rising standard of living, increasing population, growing tourism industry, surging concern regarding sound and healthy sleep, rising migration to urban areas, and increasing prevalence of back and spine problems across the globe, are expected to drive the growth of the mattress market at a CAGR of 7.0% during the foreseeable period (2021–2030). According to P&S Intelligence,

Ultra-Thin Solar Cells Market Size, Leading Players, Growth and Forecast Report, …

Ultra-thin solar cells are being increasingly used in low-load bearing buildings, and spacecraft, aerospace, and automotive industries due to their cost-effective and environment-friendly nature. Owing to these advantages, such solar cells are being considered as a better alternative to silicon-based photovoltaic (PV) cells. Moreover, low weight ultra-thin cells, on account of their high-power output, are ideal for use in automobile batteries, sensors and actuators in wearable electronics, soft robotics, and

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