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Press Releases from MarketsandMarkets (7066 total)

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. View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/reclosers-market-187393365.html 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

Marine Onboard Communication and Control Systems Market Expected to reach $12.3 …

The Marine Onboard Communication and Control Systems market is valued at USD 8.6 billion in 2023 and is projected to reach USD 12.3 billion by 2028, at a CAGR of 7.3 % from 2023 to 2028. Escalating global trade, heightened maritime activities, and a focus on operational efficiency is driving force in the marine onboard communication and control systems market, influencing its growth and dynamics significantly. Rising regulatory standards and

Cable Blowing Equipment Market Set to Grow at the Fastest Rate- Time to Grow you …

The cable blowing equipment market is projected to grow from USD 108 million in 2023 and is projected to reach USD 136 million by 2028; it is expected to grow at a CAGR of 4.7% from 2023 to 2028. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=84541246 The growth of the cable blowing equipment market is driven by the emergence and rapid adoption of 5G technology, the rise in demand for throughput and reliable

With 7.9% CAGR, RF-Over-Fiber Market Growth to Surpass USD 981 million

The global RF-over-Fiber market is expected to be valued at 670 million in 2024 and is projected to reach USD 981 million by 2029; it is expected to grow at a CAGR of 7.9% from 2024 to 2029. The RF-over-Fiber market is propelled by surging internet demand, a heightened need for durable and high-bandwidth fiber optic cables, and the expanding telecommunication industry. However, the market faces a significant challenge due

Precision Medicine Market Size, Share, Trends and Revenue | F. Hoffmann-La Roche …

Precision Medicine Market in terms of revenue was estimated to be worth $29.1 billion in 2023 and is poised to reach $50.2 billion by 2028, growing at a CAGR of 11.5 % from 2023 to 2028 according to a new report by MarketsandMarkets™. The rising number of product approvals followed by growing focus on genetic testing, a prerequisite for precision medicine therapeutics, are the factors supporting market growth. Download an Illustrative

Blood Group Typing Market worth $3.0 billion by 2028 | Bio-Rad Laboratories, Inc …

Blood Group Typing Market in terms of revenue was estimated to be worth $2.0 billion in 2023 and is poised to reach $3.0 billion by 2028, growing at a CAGR of 8.7% from 2023 to 2028 according to a new report by MarketsandMarkets™. The need for blood donations is on the rise due to the growing incidence of chronic diseases and an increasing number of surgical procedures, which, in turn,

IVD Contract Manufacturing Market worth $26.7 billion by 2028 | Jabil Inc. (US), …

IVD Contract Manufacturing Market in terms of revenue was estimated to be worth $15.0 billion in 2023 and is poised to reach $25.5 billion by 2028, growing at a CAGR of 11.2% from 2023 to 2028 according to a new report by MarketsandMarkets™. Growth in this market can primarily be attributed to the adoption of new technology to develop efficient products by IVD contract manufacturers, and the increased need to

Veterinary API Market worth $11.9 billion by 2028 | Phibro Animal Health Corpora …

Veterinary API Market in terms of revenue was estimated to be worth $5.2 billion in 2023 and is poised to reach $7.1 billion by 2028, growing at a CAGR of 6.5% from 2023 to 2028 according to a new report by MarketsandMarkets™. The market for veterinary API is expanding because of factors like rising incidence of transboundary & zoonotic diseases, increasing animal population and pet ownership, and increasing disease control

Digital Twins in Healthcare Market worth $21.1 billion by 2028

Digital Twins in Healthcare Market in terms of revenue was estimated to be worth $1.6 billion in 2023 and is poised to reach $21.1 billion by 2028, growing at a CAGR of 67.0% from 2023 to 2028 according to a new report by MarketsandMarkets™. Rise in investments & funding in the digital twin market supporting the growing number of startups and increasing focus on cutting-edge real-time analytics are some of

Healthcare Data Monetization Market worth $0.9 billion | Oracle Corporation (US) …

Healthcare Data Monetization Market in terms of revenue was estimated to be worth $0.4 billion in 2023 and is poised to reach $0.9 billion by 2028, growing at a CAGR of 18.5% from 2023 to 2028 according to a new report by MarketsandMarkets™. Factors such as exponentially increasing data volume and generation of large and complex healthcare datasets, the need to curtail escalating healthcare costs, expanding partnerships and collaborations among

Plasma Fractionation Market - Global Forecast to 2028 | CSL (Australia), Takeda …

Plasma Fractionation Market in terms of revenue was estimated to be worth $29.0 billion in 2023 and is poised to reach $40.4 billion by 2028, growing at a CAGR of 6.9 % from 2023 to 2028 according to a new report by MarketsandMarkets™. The increasing use of immunoglobulins in a variety of therapeutic fields, as well as the market's players' strategic expansion of plasma collection centers and inventories, along with

Biotechnology Contract Manufacturing Market worth $24.8 billion | Lonza (Switzer …

Biotechnology Contract Manufacturing Market in terms of revenue was estimated to be worth $16.6 billion in 2023 and is poised to reach $24.8 billion by 2028, growing at a CAGR of 8.3% from 2023 to 2028 according to a new report by MarketsandMarkets™. The growth of this market is driven by the rising demand for biologics and biosimilars, increasing outsourcing of biologics manufacturing among biopharmaceutical companies, growing focus on personalized

Superconducting Wire Market Anticipated to Reach $1.7 billion by 2028, Witnessin …

According to a new market research report, the global superconducting wire market is projected to reach USD 1.7 billion by 2028 from an estimated USD 1.1 billion in 2023, at a CAGR of 9.2% during the forecast period. View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/superconducting-wire-market-226116096.html The growth of the superconducting wire market is driven by growing demand for Superconductor-based magnetic resonance imaging (MRI) Systems. Expansion of offshore wind farms using

Plate & Frame Heat Exchanger Market worth $8.1 Billion by 2028 | Key players Alf …

According to recent market research the "Plate and Frame Heat Exchanger Market by Type (Gasketed, Welded, and Brazed), Application (Chemicals, Petrochemicals and Oil & Gas, HVAC & Refrigeration, Food & Beverages, Power Generation, and Pulp & Paper), and Region - Global Forecast to 2028", The Plate and frame heat exchanger market is projected to reach USD 8.1 Billion by 2028, at a CAGR of 6.5% from USD 5.9 Billion in

Dispersing Agents Market worth $9.3 billion by 2027 | Key players BASF SE (Germa …

According to recent market research the "Dispersing Agents Market by Type (Waterborne, Waterborne), Structure (Anionic, Nonionic, Hydrophobic, Hydrophilic, Cationic, Amphoteric), End-use Industry and Region (North America, Europe, APAC, MEA, South America) - Global Forecast to 2027" The global dispersing agents' market will grow to USD 9.3 billion by 2027, at a CAGR of 5.5% from USD 7.1 billion in 2022. The advantages offered in terms of economy and emission control

Industrial Filtration Market worth $47.1 Billion by 2029

The global Industrial Filtration Market is expected to reach USD 47.1 billion by 2029 from USD 37.1 billion in 2024 at a CAGR of 4.9% during the forecast period according to a new report by MarketsandMarkets™. The rigorous environmental regulations imposed by governments worldwide require industries to adopt filtration solutions to mitigate pollution and ensure compliance. This regulatory pressure creates a universal demand for filtration technologies across various sectors. Download

Land Survey Equipment Market Set to Grow at the Fastest Rate- Time to Grow your …

The Land Survey Equipment market is estimated to grow to USD 11.7 billion by 2028, from USD 9.0 billion in 2023, at a CAGR of 5.2% from 2023 to 2028. The growth factor and market trend in the Land Survey Equipment Market are primarily driven by advancements in technology, increasing demand for precise mapping and measurements in construction, infrastructure development, and land management sectors. The adoption of advanced land survey

With 7.3% CAGR, Next-Generation Data Storage Market Growth to Surpass USD 86.2 b …

The Next-Generation Data Storage market is projected to grow from USD 60.7 billion in 2023 and is projected to reach USD 86.2 billion by 2028; it is expected to grow at a CAGR of 7.3% from 2023 to 2028. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=12592401 The growth of this market is driven by factors such as surging adoption of IoT technologies and connected devices, increasing adoption of hybrid cloud storage, and rising data

Swarm Robotics Market Growing at the Fastest Rate in North America Region

The swarm robotics market is projected to grow from USD 0.8 billion in 2023 to USD 3.0 billion by 2028, registering a CAGR of 30.9% during the forecast period. The rising use of swarm robotics for parcel delivery through drones and the integration of swarm intelligence technology with connected cars drive the market for swarm robotics. Increasing the use of swarm robotics in warehouses will also boost market growth in

HBPA Epoxy Resin Market worth $2.2 billion by 2023 | Key players Hexion (US), At …

According to recent market research the "HBPA Epoxy Resin Market by Physical Form (Liquid and Solid), Application (E&E Coating, Industrial Coating, and Others), and Region (APAC, Europe, North America, South America, and Middle East & Africa) - Global Forecast to 2023" The HBPA epoxy resin market is projected to grow from USD 1.7 billion in 2018 to USD 2.2 billion by 2023, at a CAGR of 5.1% between 2018 and

Tank Insulation Market worth $6.5 billion by 2023 | Key players Rockwool Interna …

According to recent market research the "Tank Insulation Market by Material (PU & PIR, Rockwool, Fiberglass, Elastomeric Foam, EPS), Type (Storage, Transportation), Temperature (Hot, Cold), End-Use Industry (Oil & Gas, Chemical, Food & Beverage, Energy & Power) - Global Forecast to 2023", The tank insulation market is projected to reach USD 6.5 billion by 2023, at a CAGR of 4.50% from USD 5.2 billion in 2018. Transportation and storage of

Digital Oilfield Market worth $43.0 Billion by 2029 | SLB, Weatherford, Baker Hu …

The global Digital Oilfield Market is expected to reach USD 43.0 billion by 2029 from USD 30.1 billion in 2023 at a CAGR of 6.3% during the forecast period according to a new report by MarketsandMarkets™. Digital oilfields play a crucial role in improving operational efficiency, reducing costs, and addressing industry challenges by integrating advanced technologies and data-driven solutions. It leverages a combination of hardware, software, and data storage

Navigating the Forecasted Growth of In-flight Entertainment and Connectivity to …

The latest market research report on the In-flight Entertainment and Connectivity (IFEC) Industry reveals promising growth prospects, estimating the market to reach USD 6.1 billion by 2026 at a CAGR of 5.2%. The report, titled "In-flight Entertainment and Connectivity Market by Product (IFE Hardware, IFE Connectivity, IFE Content), Class, Aircraft Type (Narrow Body Aircraft, Wide Body Aircraft, Business Jets), End User and Region - Forecast to 2026," underscores key drivers,

Real-time Location Systems Market Set to Grow at the Fastest Rate- Time to Grow …

The global real-time location systems market size is expected to grow from USD 5.2 billion in 2023 to USD 16.2 billion by 2028, at a CAGR of 25.5% from 2023 to 2028. The emergence of innovative startups and the availability of customized solutions are the two key factors that have led to the rise in competitiveness in the RTLS market and are driving the demand for RTLS solutions. Download PDF Brochure

With 5.0% CAGR, Large Format Printer Market Growth to Surpass USD 10.4 billion

The Large Format Printer Market is projected to grow from USD 8.1 billion in 2023 to USD 10.4 billion by 2028; it is expected to grow at a CAGR of 5.0% from 2023 to 2028. The increasing demand for large format printing, driven by the customization trend across various industries such as retail and interior design, is further amplified by the broadening scope of applications and industries that benefit from

MS Polymer Adhesives Market worth $7.5 billion by 2027 | Key players Henkel AG ( …

According to recent market research the "MS Polymer Adhesives Market by Type (Adhesives, Sealants), End Use Industry (Building & Construction, Automotive & Transportation, Industrial Assembly) and Region (Asia Pacific, Europe, North America, South America, Middle East & Africa) - Global Forecast to 2027", is estimated to grow from USD 5.2 billion in 2021 to USD 7.5 billion by 2027, at a CAGR of 6.1% during the same period. Growing demand

Fluoropolymer Tubing Market worth $662 million by 2026 | Key players Saint-Gobai …

According to recent market research the "Fluoropolymer Tubing Market by Material (PTFE, PVDF, FEP, PFA, ETFE) Application (Medical, Semiconductor, Energy, Oil & Gas, Aerospace, Automotive, Fluid Management, General Industrial) Form Factor, and Region - Global Forecast to 2026" The global fluoropolymer tubing market size is projected to grow from USD 513 million in 2021 to USD 662 million by 2026, at a CAGR of 5.2% between 2021 and 2026. Fluoropolymer

Residential Energy Storage Market Future Prospects 2028 | Tesla, VARTA AG, Enpha …

According to a new market research report, the global residential energy storage market is estimated to be valued at USD 898 million in 2023 (Estimate Year) and is projected to reach USD 2,081 million by 2028 (Forecast Year) growing at a CAGR of 18.3% during the forecast period. View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/residential-energy-storage-market-153284325.html The growing production of electric vehicles and the rising demand for solar PV systems

Weather Forecasting Services Market Poised to Attain USD 2.8 Billion with 8.2% C …

In an era where precision and preparedness can significantly mitigate risks and enhance operational efficiencies, the Weather Forecasting Services Market is witnessing a robust growth trajectory. Expected to swell from USD 1.9 billion in 2023 to USD 2.8 billion by 2028, this market is on a path to register an impressive CAGR of 8.2% during the forecast period. This burgeoning growth is largely fueled by the escalating demand for precise

Global Shortwave Infrared (SWIR) Market Poised for Significant Growth, Projected …

The Shortwave Infrared Market is expected to reach USD 277 million by 2027 from USD 166 million in 2021, at a CAGR of 8.9 % during the forecast period. The Global Shortwave Infrared (SWIR) Market is set to experience substantial growth, with an expected increase from USD 166 million in 2021 to USD 277 million by 2027, reflecting a robust Compound Annual Growth Rate (CAGR) of 8.9% during the forecast period.

Gas Engine Market worth $6.3 Billion by 2029 | Caterpillar, Rolls-royce, Wartsil …

The global Gas Engine Market is expected to reach USD 6.3 billion by 2029 from USD 5.1 billion in 2024 at a CAGR of 4.5% during the 2024-2029 period according to a new report by MarketsandMarkets™. The growth in this market can be attributed to various factors stimulating demand. A prominent driver is the escalating focus on cleaner energy sources and sustainability initiatives, prompting a surge in the adoption

Polyurethane Sealants Market worth $3.3 billion by 2027 | Key players 3M (US), A …

According to recent market research the "Polyurethane Sealants Market by Type (One-Component and Two-Component), End-Use Industry (Building and Construction, Automotive, General Industrial, Marine), and Region (North America, Europe, APAC, South America, MEA) - Global Forecast to 2027", size is estimated at USD 2.7 billion in 2022 to USD 3.3 billion by 2027, at a CAGR of 4.1%, between 2022 and 2027. The rapid growth of the housing & construction sector,

Matting Agents Market worth $533 million by 2028 | Key players PPG Industries, I …

According to recent market research the "Matting Agents Market by Material (Silica, Waxes, Thermoplastics), Technology (Water-borne, Solvent-borne, Powder, Radiation cure & High Solids), and Application (Industrial, Architectural, Leather, Wood, Printing Inks), & Region - Global Forecast to 2028", size was USD 400 million in 2023 and is projected to reach USD 533 million by 2028, at a CAGR of 5.8%, between 2023 and 2028. Matting agents are surface modifiers used

Heat Pump Water Heater Market Anticipated to Reach $10.2 billion by 2028, Witnes …

According to a research report, the global heat pump water heater market is projected to reach USD 10.2 billion by 2028 from an estimated USD 5.2 billion in 2023, at a CAGR of 14.4% during the forecast period. View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/heat-pump-water-heater-market-22529761.html Governments worldwide are enacting policies and initiatives to encourage the uptake of energy-efficient technologies like heat pump water heaters. These regulations and incentives for

Sensor Bearing Market worth $6.5 billion by 2023 | Key players SKF (Sweden), Sch …

According to recent market research the "Sensor Bearing Market by Functionality (Speed, Temperature, Vibration, Displacement), Application (ABS, Material Handling Equipment, Electric Motors), End-use Industry (Automotive, Transportation, Metal & Mining), and Region - Global Forecast to 2023", The sensor bearing market is expected to grow from USD 5.1 billion in 2018 to USD 6.5 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period. The

Medical Foam Market worth $43.3 billion by 2028 | Key players Dow Chemical Compa …

According to recent market research the "Medical Foam Market by Form (Flexible, Rigid, Spray), Material (Polymers, Latex, Metals), Application (Bedding & Cushioning, Medical Packaging, Medical Devices & Components, Prosthetics & Wound Care), and Region - Global Forecast to 2028", size is projected to grow from USD 33.0 billion in 2023 and reach USD 43.3 billion by 2028, at a CAGR of 5.6% from 2023 to 2028. The expansion

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