Press Releases from MarketsandMarkets (7251 total)
Carbon Footprint Management Market 2023 Industry Analysis, Size, Trends, Growth, …
According to a new market research report, the global carbon footprint management market is projected to reach USD 30.8 billion by 2028 from an estimated USD 11.3 billion in 2023, at a CAGR of 22.2% during the forecast period. An increase in government initiatives for emissions reduction, increasing demand for energy consumption by industries, and implementation of COP27 targets to limit global warming are the major drivers of the carbon footprint…
Vascular Access Device Market worth $7.9 billion by 2028 | Becton, Dickinson and …
Vascular Access Device Market in terms of revenue was estimated to be worth $5.6 billion in 2023 and is poised to reach $7.9 billion by 2028, growing at a CAGR of 7.0% from 2023 to 2028 according to a new report by MarketsandMarkets™. Growth in this market is majorly driven by growing number of chemotherapy procedures, and growing use of vascular access device in pediatric patients. However, product recalls and…
Medical Radiation Shielding Market worth $1.8 billion | ESCO Technologies (US), …
Medical Radiation Shielding Market in terms of revenue was estimated to be worth $1.4 billion in 2023 and is poised to reach $1.8 billion by 2028, growing at a CAGR of 6.5% from 2023 to 2028 according to a new report by MarketsandMarkets™. Growth in the Medical Radiation Shielding market is mainly driven by the Increasing usage of radiation therapy for diagnosis, and the rising number of trained radiologic technologists…
Global Insulin Delivery Devices Market Trends | Embecta Corp. (Formely Becton, D …
Insulin Delivery Devices Market in terms of revenue was estimated to be worth $30.8 Billion in 2023 and is poised to reach $46.2 Billion by 2028, growing at a CAGR of 8.5% from 2023 to 2028 according to a new report by MarketsandMarkets™. As diabetes prevalence has increased, there is an increasing demand for more efficient diabetes care solutions. Furthermore, government support and favourable reimbursement schemes as well as technological…
AI in Pathology Market Size, Share, Trends and Revenue | Koninklijke Philips N.V …
AI in Pathology Market in terms of revenue was estimated to be worth $24 million in 2023 and is poised to reach $49 million by 2028, growing at a CAGR of 15.6% from 2023 to 2028 according to a new report by MarketsandMarkets™. Factors such as the growing digitalization of pathology, an increasing number of misdiagnosed cases and increasing infusion of AI in pathology to enhance lab efficiency are aiding…
Intraoral/IOL Scanners Market worth $1.0 billion by 2028 | DENTSPLY SIRONA Inc ( …
Intraoral/IOL Scanners Market in terms of revenue was estimated to be worth $0.6 billion in 2023 and is poised to reach $1.0 billion by 2028, growing at a CAGR of 11.0% from 2023 to 2028 according to a new report by MarketsandMarkets™. Developing countries such as China, India, Mexico, Brazil, New Zealand, the Middle East, and other APAC and Latin American countries present a lucrative opportunity for players in the…
Glycated Albumin Assay Market worth $0.3 billion by 2028 | Asahi Kasei Corporati …
Glycated Albumin Assay Market in terms of revenue was estimated to be worth $0.2 billion in 2023 and is poised to reach $0.3 billion by 2028, growing at a CAGR of 8.9% from 2023 to 2028 according to a new report by MarketsandMarkets™. Government assistance is stimulating the market. Players in the glycated albumin assay market have significant potential in developing nations like India and Japan.
Additionally, the aging population in…
Erectile Dysfunction Devices Market Size And Companies | Boston Scientific Corpo …
Erectile Dysfunction Devices Market in terms of revenue was estimated to be worth $1.7 billion in 2023 and is poised to reach $2.7 billion by 2028, growing at a CAGR of 8.8% from 2023 to 2028 according to a new report by MarketsandMarkets™. The growth of this market is majorly driven by growing research and development around shockwave therapy used for erectile dysfunction treatment and the rise in the geriatric…
Bone Cement & Glue Market worth $2248 million by 2028 | Stryker (US), Zimmer Bio …
Bone Cement & Glue Market in terms of revenue was estimated to be worth $1,644 million in 2023 and is poised to reach $2,248 million by 2028, growing at a CAGR of 6.5% from 2023 to 2028 according to a new report by MarketsandMarkets™. The growth of this market is majorly driven by Growing number of road traffic accidents and rising number of surgical procedures. However, High costs and Product-related…
Energy Anywhere: Portable Power Station Market Driving Convenience in the US
The US is witnessing robust growth in the broader North American portable power station market. This expansion can be attributed to several factors, including the increasing popularity of outdoor activities such as camping and recreation, along with stringent emission control regulations and a growing interest in smart grid technologies.
The global portable power station market is expected to grow from an estimated USD 0.5 billion in 2023 to USD 1.1 billion…
In Space Manufacturing Market Expected to reach $62.8 billion by 2040
This report analyzes the In-space manufacturing market from 2030 to 2040. It discusses various industry and technology trends currently prevailing in the In-space manufacturing market along with the factors that drive, restrain, and challenge the market growth globally The In-Space manufacturing market is estimated to grow from USD 4.6 Billion in 2030 to USD 62.8 Billion by 2040, at a CAGR of 29.7% from 2030 to 2040. North America is…
Building Automation System Market Set to Grow at the Fastest Rate- Time to Grow …
The building automation system market is expected to reach USD 155.9 billion by 2028 from 88.4 billion in 2023, at a CAGR of 12.0% during the 2023- 2028 period. One of the key drivers in the building automation system market is the strong focus on creating energy-efficient and environmentally friendly structures. The construction industry is a major global energy consumer, consistently accounting for more than one-third of the world's total…
With 6.1% CAGR, Robotic Warfare Market Growth to Surpass USD 39.5 billion
The Robotic Warfare market is projected to grow from USD 29.3 Billion in 2023 to USD 39.5 Billion by 2028, at a CAGR of 6.1% during the forecast period. The development of Robotic Warfare market is growing rapidly to keep pace with the rising demand of robotic military solutions. The demand for increased in operational readiness, automation and reduced human casualties anticipates keeping these trends headed in the future.
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Multiwall Bags Market worth $14.4 billion by 2025 | Key players Mondi Group (Aus …
According to recent market research the "Multiwall Bags Market by Product Type (Paper Bags and Plastic Bags), Layer (2-Ply, 3-PLy, and Others), Application (Food & Grains, Agriculture, Building & Construction, Chemicals, Retail, Pharmaceuticals, and Others), and Region - Global Forecast to 2025", The global multiwall bags market size is projected to grow from USD 12.1 billion in 2020 to USD 14.4 billion by 2025, at a CAGR of 3.5% from…
Pharmaceutical Processing Seals Market worth $3.3 billion by 2026 | Key players …
According to recent market research the "Pharmaceutical Processing Seals Market by Material (Metals, PTFE, Nitrile Rubber, Silicone, EPDM, FKM, FFKM, UHMWPE, PU), Type (O-Ring Seals, Gaskets, Lip Seals, D Seals), Application (Manufacturing Equipment), and Region - Global Forecast to 2026", The pharmaceutical processing seals market is projected to grow from USD 2.1 billion in 2021 to USD 3.3 billion by 2026, at a CAGR of 10.0% during the forecast period.…
Powering Tomorrow: Exploring the Potential of E-Fuels Market in the US
The e-fuels market in the U.S. is a thriving sector within the North American e-fuels market that is expected to grow at a significant growth rate due to several factors, such as increasing focus on reducing GHG emissions and rising investments in R&D of e-fuel technologies. Among the end use application, chemical and transportation is anticipated to dominate in the U.S. market. The U.S. is currently the world's second-largest…
Small Modular Reactor Market Poised to Reach $6.8 Billion by 2030, Fueling US En …
According to a research report, the Small Modular Reactor Market is estimated to be USD 5.8 billion in 2023 to USD 6.8 billion by 2030, at a CAGR of 2.3% during the forecast period. The factors that drive the market growth include versatile nature of nuclear power and modularization of SMRs. SMRs offer the potential for improved economics. Their smaller scale and standardized designs can lead to cost savings in…
Energy as a Service Market worth $105.6 Billion by 2027 | General Electric, WGL …
The global Energy as a Service Market is expected to grow from USD 64.7 billion in 2022 to USD 105.6 billion by 2027, at a CAGR of 10.3% according to a new report by MarketsandMarkets™. Increasing distributed energy resources, new revenue generation streams for utilities, availability of federal and state tax benefits for energy-efficiency projects and decreasing cost of renewable power generation and storage solutions are driving the demand for…
Aircraft Gearbox Market Projected to reach $4.2 billion by 2028
The global aircraft gearboxes market size is projected to grow from USD 3.0 billion in 2023 to USD 4.2 billion by 2028, at a CAGR of 6.9% from 2023 to 2028. The aircraft gearbox market plays a vital role in aviation, ensuring efficient power distribution and precise mechanical operation, encompassing accessory, reduction, and actuation gearboxes. Technological advancements, demand for fuel efficiency, and safety regulations are driving the aircraft gearbox market.
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With 3.8% CAGR, Testing, Inspection, and Certification Market Growth to Surpass …
The global testing, inspection, and certification (TIC) market was valued at USD 233.2 billion in 2024 and is projected to reach USD 280.7 billion by 2029; it is expected to register a CAGR of 3.8% during the forecast period. The rise in demand for TIC services is driven by stringent government regulations for ensuring product safety, the demand for interoperability testing, and the surge in trade involving counterfeit and defective…
Digital Printing for Tableware Market Set to Grow at the Fastest Rate- Time to G …
The digital printing for tableware market is projected to reach USD 452 million by 2029 from USD 326 million in 2024; it is expected to grow at a CAGR of 6.8% from 2024 to 2029. Increased demand for sustainable printing, growing demand from the foodservice industry, rapid technological advancement in digital printers, and rapid prototyping and testing of new designs are driving the growth of the digital printing for tableware…
High Performance Medical Plastics Market worth $1,242 million by 2026 | Key play …
According to recent market research the "High Performance Medical Plastics Market by Type (FP, HPPA, PAEK, PPS, PEI), Application (Medical Supplies, Medical Equipment & Tools, Drug Delivery, Prosthesis & Implants, Therapeutic System), Region - Global Forecast to 2026", size is projected to grow from USD 851 million in 2021 to USD 1,242 million by 2026, at a CAGR of 7.8% during the forecast period 2021 to 2026. Increasing use of…
Refrigeration Insulation Materials Market worth $4.8 billion by 2025 | Key playe …
According to recent market research the "Refrigeration Insulation Materials Market by Material Type (Elastomeric Foam, PU & PIR), Application (Commercial, Industrial), End-Use Industry (Food & Beverage, Chemicals & Pharmaceuticals, Oil & Gas and Petrochemicals) Region - Global Forecast to 2025" The refrigeration insulation materials market is projected to reach USD 4.8 billion by 2025, at a CAGR of 6.0%. The market is directly linked to the growth of the refrigeration…
Hydrogen Generation Market Forecast to Surpass $257.9 billion by 2028 with a CAG …
According to a research report "Hydrogen Generation Market by Technology (SMR, ATR, POX, Coal Gasification, Electrolysis), Application (Refinery, Ammonia, Methanol, Transportation, Power Generation), Source (Blue, Green, Gray), Generation Mode Region - Global Forecast to 2028" published by MarketsandMarkets, the global hydrogen generation market is projected to reach USD 257.9 billion by 2028 from an estimated USD 158.8 billion in 2023, at a CAGR of 10.2% during the forecast period.
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Green Ammonia Market worth $17.9 Billion by 2030 | Siemens Energy, ThyssenKrupp, …
The global Green Ammonia Market is expected to grow from an estimated USD 0.3 billion in 2023 to USD 17.9 billion by 2030, at a CAGR of 72.9% according to a new report by MarketsandMarkets™. Green ammonia refers to the production of renewable and carbon-free ammonia. It is produced by generating energy from solar/wind/hydropower, which is then fed into an electrolyzer. It extracts hydrogen from water, while nitrogen is removed…
Aerospace Riveting Equipment Market Projected to reach $134 million by 2028
The Aerospace Riveting Equipment Market is projected to grow from USD 109 million in 2023 to USD 134 million by 2028, at a CAGR of 4.3% from 2023 to 2028. Continuous advancements in aerospace manufacturing technologies drive the demand for innovative riveting equipment. As aircraft designs evolve to incorporate lightweight materials and intricate structures, the need for precision in joining components becomes paramount. Technologies such as laser riveting and friction…
Mobile Video Surveillance Market Set to Grow at the Fastest Rate- Time to Grow y …
The global mobile video surveillance market is expected to be valued at USD 2.7 billion in 2024 and is projected to reach USD 3.9 billion by 2029; it is expected to grow at a CAGR of 7.9% from 2024 to 2029. The rising concerns over security and the need for real-time monitoring have driven the demand for mobile video surveillance solutions. Industries such as transportation, law enforcement, and critical infrastructure…
With 6.4% CAGR, High-speed Data Converter Market Growth to Surpass USD 4.3 billi …
The high-speed data converter market was valued at USD 3.0 billion in 2022 and is projected to reach USD 4.3 billion by 2028; it is expected to grow at a CAGR of 6.4% from 2023 to 2028. Development of low-power consumption high-speed data converters are some of the major opportunities in the high-speed data converter market.
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The high-speed data converter market is expected to grow with the…
Mist Eliminators Market worth $1,159 million by 2025 | Key players Sulzer Ltd. ( …
According to recent market research the "Mist Eliminator Market by Type (Wire-mesh, Vane, Fiber-Bed), End-Use Industry (Oil & Gas, Chemical, Desalination, Power Generation, Pharmaceutical & Medical, Paper & Pulp, Textile, Food & Beverage), Material, Application, & Region - Global Forecast to 2025", The global mist eliminators market size is projected to grow from USD 953 million in 2020 to USD 1,159 million by 2025, at a CAGR of 4.0%…
Foam Plastics Market worth $65.4 billion by 2025 | Key players BASF SE (Germany) …
According to recent market research the "Foam Plastics Market by Type (PU, PS, PO, Phenolic), End-Use Industry (Building & Construction, Packaging, Automotive, Furniture & Bedding, Footwear, Sports & Recreational), and Region - Global Forecast to 2025", Foam plastics are resins used in manufacturing polymer foams, which are used in various end-use industries such as building & construction, furniture & bedding, packaging, and automotive among others. The market size for Foam…
Smart Meter Market worth $36.3 Billion by 2028 | Itron, Badger Meter, Sensus, La …
The global Smart Meter Market is expected to grow from an estimated USD 23.1 billion in 2023 to USD 36.3 billion by 2028, at a CAGR of 9.4% according to a new report by MarketsandMarkets™. The emergence of electric, gas, and water smart meters has revolutionized utility operations. With advancements in smart meters, sensors, control systems, and communication components, utility systems can be monitored in real-time. These dynamic tariffs promote…
Carbon Offset/Carbon Credit Market worth $1602.7 Billion by 2028 | Finite Carbon …
The global Carbon Offset/Carbon Credit Market is expected to grow from an estimated USD 414.8 billion in 2023 to USD 1,602.7 billion by 2028, at a CAGR of 31.0% during the forecast period. The Carbon Offset/Carbon Credit Market growth has been attributed to rising global warming and the need to remove carbon from the atmosphere. The market is driven by factors such as growing compliance requirements and regulatory schemes…
Airport Automation Market Projected to reach $7.7 Billion by 2028
The Airport Automation Market is projected to grow from USD 5.8 billion in 2023 to USD 7.7 billion by 2028, at a CAGR of 5.8% from 2023 to 2028. The continuous development of technology, including artificial intelligence, machine learning, and the Internet of Things (IoT), has enabled the creation of more sophisticated and integrated automation solutions. This encourages airports to adopt these technologies to stay competitive and meet the expectations…
Crane and Hoist Market Set to Grow at the Fastest Rate- Time to Grow your Revenu …
The Crane and Hoist market is expected to grow from USD 31.5 billion in 2023 to USD 37.1 billion by 2028, at a CAGR of 3.3% during the forecast period. Sustainable demand from construction industry, expanding mining industry are some of the factors driving the crane and hoist market.
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The crane and hoist market for mobile cranes is expected to grow at a higher CAGR during the…
With 30.2% CAGR, Spin on Carbon Market Growth to Surpass USD 747 million
The spin on carbon market is projected to grow from USD 199 million in 2023 to USD 747 million by 2028, registering a CAGR of 30.2% during the forecast period. The expansion of EUV (extreme ultraviolet) lithography in memory manufacturing, rapid technological advancements in semiconductor manufacturing, and increasing complexity of integrated circuits will drive the market for spin-on carbon in semiconductors. Advanced memory development for next-generation memory devices is also…
Recloser Market Future Prospects 2027 | ABB, NOJA Power, Siemens, Schneider Elec …
According to a new market research report, the global recloser market is expected to reach USD 1.3 billion by 2027 from an estimated USD 1.0 billion in 2022, at a CAGR of 5.4% from 2022 to 2027.
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The need for additional power plants to cater to the growing energy demands has become imperative due to the increasing global population. The ever-increasing power demand…
Rubber Repair Adhesives Market worth $354 million by 2025 | Key players LORD Cor …
According to recent market research the "Rubber Repair Adhesives Market by Process (Hot Bond, Cold Bond), Application (Conveyor Belts, Tanks & Vessels, Pipes & Fittings, and Others), End-use Industry (Mining & Quarrying, Cement & Aggregate, Steel and Others), Region - Global Forecast to 2025", is expected to grow from USD 291 million in 2020 to USD 354 million by 2025, at a CAGR of 4.0% during the forecast period. The…
Low-Frequency Sound-Absorbing Insulation Materials Market worth $165 million by …
According to recent market research the "Low-Frequency Sound-Absorbing Insulation Materials Market by Type (Foam, Others), Application (Under the Bonnet, Interior) and Region (Europe, North America, Rest of the World) - Global Forecast to 2025", The Low-frequency sound-absorbing insulation materials market is projected to reach USD 165 million by 2025 from USD 151 million in 2020, at a CAGR of 1.8%. Low-frequency sound-absorbing insulation materials are the materials that reduce the…
Defense Cybersecurity Market Projected to reach $49.4 billion by 2028
The Defense Cybersecurity market is estimated to be USD 36.9 billion in 2023 and is projected to reach USD 49.4 billion by 2028, at a CAGR of 6.0% from 2023 to 2028. Defense cybersecurity provides crucial advantages in safeguarding nations, military infrastructure, and sensitive information. Firstly, it serves as an indispensable shield against the escalating sophistication of cyber threats. With the increasing prevalence of state-sponsored cyber attacks and cybercriminal…
With 9.7% CAGR, In-Plant Logistics Market Growth to Surpass USD 19.5 billion
The in-plant logistics market is estimated to be worth USD 12.3 billion in 2023 and is projected to reach USD 19.5 billion by 2028 at a CAGR of 9.7% during the forecast period. The in-plant logistics market is primarily driven by the imperative for heightened operational efficiency and streamlined material handling within manufacturing facilities. With a growing emphasis on cost optimization and process improvement, companies are increasingly investing in advanced…
Household Robots Market Set to Grow at the Fastest Rate- Time to Grow your Reven …
The Household Robots market is valued at USD 10.3 billion in 2023 and is anticipated to be USD 24.5 billion by 2028, growing at a CAGR of 18.8% from 2023 to 2028. The growth can be attributed to a significant increase in demand for autonomous robots. The household robots' market, based on type, is divided into domestic robots and entertainment and leisure robots. By type domestic robots hold a larger…
Global Impact: CT/NG Testing Market Set to Hit $2.7 Billion by 2028
CT/NG Testing Market in terms of revenue was estimated to be worth $1.7 billion in 2023 and is poised to reach $2.7 billion by 2028, growing at a CAGR of 8.6% from 2023 to 2028 according to a new report by MarketsandMarkets™. Factors such as the increasing prevalence of CT/NG infections, increasing investments and funds in CT/NG and growing awareness for diseases diagnosis are driving the growth of this market.…
Chemiluminescence Immunoassay Market worth $19.0 billion |
Chemiluminescence Immunoassay Market in terms of revenue was estimated to be worth $13.2 billion in 2023 and is poised to reach $19.0 billion by 2028, growing at a CAGR of 7.5% from 2023 to 2028 according to a new report by MarketsandMarkets™. Growth in the chemiluminescence immunoassay market is mainly driven by the growing prevalence of chronic diseases, Advancements in improving chemiluminescence immunoassay technologies in recent years, rising demand for…
Bio-Based Foam Market worth $229 million by 2027 | Key players BASF SE (Germany) …
According to recent market research the "Bio-Based Foam Market by Raw Material (Corn, Sugarcane, Soy), Type, End-Use Industry (Building & Construction; Packaging; Automotive; Furniture & Bedding; and Footwear, Sports & Recreational), and Region - Global Forecast to 2027", is projected to grow from USD 102 million in 2022 to USD 229 million by 2027, at a CAGR of 23.1% during the forecast period. Major factors driving the growth of the…
Adhesive Films Market worth $116.9 billion by 2030 | Key players 3M Company (US) …
According to recent market research the "Adhesive Films Market by Resin Type (Epoxy, Acrylic, Cyanoacrylate, Silicone), Application (Optical Bonding and Assembly, Lens Bonding Cement, and Fiber Optics), and Region (North America, Europe, APAC, MEA, South America) - Global Forecast to 2030", The Adhesive films market is projected to grow from USD 82.0 Billion in 2022 to USD 116.9 Billion by 2030, at a CAGR of 4.4% and CAGR of 4.7%…
Smart Pills Market worth $1.1 billion by 2028 | Chongqing Jinshan Science Techno …
Smart Pills Market in terms of revenue was estimated to be worth $0.6 billion in 2023 and is poised to reach $1.1 billion by 2028, growing at a CAGR of 11.8% from 2023 to 2028 according to a new report by MarketsandMarkets™. Growth in this market is primarily fueled by increased patient preference for minimally invasive procedures and technological improvements in capsule endoscopy. The growing demand for rising need…
Anesthesia Equipment Market worth $11.0 billion by 2028 | GE Healthcare (US), Dr …
Anesthesia Equipment Market in terms of revenue was estimated to be worth $8.0 billion in 2023 and is poised to reach $11.0 billion by 2028, growing at a CAGR of 6.7% from 2023 to 2028 according to a new report by MarketsandMarkets™. Growth in this market can primarily be attributed to the growing number of surgeries owing to the prevalence of various diseases. Anesthesia plays a key role, since every…
HVAC Linset Market worth $13.4 billion by 2028 | Key players Daikin (Japan), Hal …
According to recent market research the "HVAC Linset Market by Material (Copper, Low Carbon), End-Use Industry (Residential, Commercial, Industrial), Implementation (New Construction, Retrofit) & Region (NA, Asia Pacific, Europe, Middle East & Africa, South America) - Global Forecast to 2028", size is projected to reach USD 13.4 billion by 2028 from USD 9.2 billion in 2023, at a CAGR of 7.9% during the forecast period. The major drivers for the…
PTFE Fabric Market worth $1.1 billion by 2027 | Key players Taconic (US), Saint …
According to recent market research the "PTFE Fabric Market by Type (PTFE Coated Fabric, Nonwoven Fabric, PTFE Fiber- Made Fabric), End-Use Industry (Food, Construction, Filtration, Medical), and Region (North America, Europe, APAC, South America, and MEA) - Global Forecast to 2027", size is projected to grow from USD 0.9 billion in 2022 to USD 1.1 billion by 2027, at a CAGR of 5.7% between 2022 and 2027. PTFE fabric is…
Large-scale Natural Refrigerant Heat Pump Market predicted to grow $9.1 billion …
According to a new market research report, the global large-scale natural refrigerant heat pump market is projected to reach USD 9.1 billion by 2027 from an estimated market size of USD 5.8 billion in 2022, at a CAGR of 9.4% during the forecast period. Increasing visibility of contribution of heat pump technology in reducing carbon footprint and growing focus on improving operational efficiency in industrial sector are the key factors…
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