Press Releases from MarketsandMarkets (7749 total)
Laser Interferometer Market Set to Grow at the Fastest Rate- Time to Grow your R …
The global laser interferometer market is expected to be valued at 315 million in 2024 and is projected to reach USD 447 million by 2029, at a CAGR of 7.2% from 2024 to 2029. Emerging applications in industries push the market's growth due to the growing demand for precision in the manufacturing sector. However, challenges such as higher initial investments and maintenance costs cause problems. Despite these, opportunities arise for…
With 19.6% CAGR, Battery Testing, Inspection, and Certification Market Growth to …
The battery testing, inspection, and certification market is projected to reach USD 36.7 billion by 2029 from USD 14.9 billion in 2024 at a CAGR of 19.6% during the forecast period. Increasing adoption of EVs and energy storage systems, rising enforcement of stringent standards to ensure battery safety, thriving portable electronics industry, and rapid advances in battery technology are the major factors contributing to the market growth.
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Real-Time Location Systems Revolutionize Healthcare: Insights from MarketsandMar …
The global RTLS market for healthcare is projected to grow from USD 2.3 billion in 2024 to USD 5.7 billion by 2029, at a compound annual growth rate of 19.6% from 2024 to 2029. As it attracts more and more players who enter this market with innovative RTLS features for customers, the market for RTLS technology is rapidly increasing. Top companies in this market focus on healthcare, retail, and manufacturing…
Offsite Data Center Power Infrastructure Market Size to Reach $35.4 billion by 2 …
According to a research report "Offsite Data Center Power Infrastructure Market by Component (Solutions and Services), Vertical (BFSI, Media & Entertainment, Government & Defence, Healthcare, Manufacturing, IT & Telecom, Retail) and Region - Global Forecast to 2030" published by MarketsandMarkets, the market size for global offsite data center power infrastructure market is projected to reach approximately USD 35.4 billion by the year 2030, as compared to the estimated value of…
Small Satellite Market Set to Grow at the Fastest Rate- Time to Grow your Revenu …
The small satellite market is estimated to grow to USD 11.2 billion by 2029, from USD 5.2 billion in 2024, at a CAGR of 16.6% from 2024 to 2029 and is expected to be led by North America in 2024. At the heart of the space ecosystem, the small satellite industry stands out for its energy and the many chances it opens up. Several key factors are pushing the industry…
With 44.7% CAGR, Building Twin Market Growth to Surpass USD 13.3 billion
The building twin market is expected to grow from USD 2.1 billion in 2024 to USD 13.3 billion by 2029, at a CAGR of 44.7% during the forecast period. Growing focus on cost reduction and reducing environmental impact; and growing focus on predictive maintenance are driving the market for building twin.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=195753377
The service segment of the building twin market is expected to grow at a higher…
Proximity Sensors Market Set to Surge with Rising Demand in Automation
The proximity sensor market is projected to grow from USD 4.3 billion in 2024 and is projected to reach USD 6.6 billion by 2030; it is expected to grow at a CAGR of 7.5% from 2024 to 2030. The growth of the proximity sensor market is driven by the increasing adoption of non-contact sensing technology, the rising integration of proximity sensors in smart devices and consumer electronics, and the growing…
Climate Adaptation Market to Reach $40.4 Billion by 2030, Growing at 9.7% CAGR
The global Climate Adaptation Market in terms of revenue was estimated to be worth $23.2 billion in 2024 and is poised to reach $40.4 billion by 2030, growing at a CAGR of 9.7% from 2024 to 2030 according to a new report by MarketsandMarkets™.
The climate adaptation market is experiencing robust growth due to several new drivers. Firstly, advancements in climate modeling and data analytics are enabling more precise predictions…
Variable Frequency Drive Market May Reach to $26.8 billion in 2027 at CAGR of 4. …
According to a new market research, Variable Frequency Drive Market is expected to grow at a CAGR of 4.8% during the forecast period, from an estimated USD 21.2 billion in 2022 to USD 26.8 billion in 2027.
https://www.marketsandmarkets.com/Market-Reports/variable-frequency-drive-market-878.html
Variable frequency drives are increasingly being used in the industrial and infrastructure sectors. Major industries that use variable frequency drives are cement, chemical, petrochemical, mining, oil & gas, pulp & paper, and water…
Innovations in Simulation Technology: Driving Market Growth and Efficiency
The market for Simulation is expected to grow rapidly, reaching USD 26.1 billion by 2028, from USD 18.5 billion in 2023, at a CAGR of 7.1%. North America is estimated to account for the largest share of the Simulators market in 2023. The increasing demand for high-speed internet access, particularly in emerging markets, has led to the rapid expansion of Simulators, which are essential for connecting with LEO satellite constellations.…
FPGA Market Set to Grow at the Fastest Rate- Time to Grow your Revenue
The FPGA market is projected to grow from USD 12.1 billion in 2024 and is projected to reach USD 25.8 billion by 2029; it is expected to grow at a CAGR of 16.4% from 2024 to 2029.
The growth of the FPGA market is driven by an increasing number of data centers and high-performance computing (HPC) facilities, a growing need for FPGA hardware verification of avionics, and high efficiency of…
With 11.5% CAGR, Mesh Gateway Market Growth to Surpass USD 2.2 billion
The overall market for mesh gateways is expected to be USD 1.3 billion in 2024 and reach USD 2.2 billion in 2029, at a CAGR of 11.5% during the forecast period. Factors such as increasing applications in the manufacturing industry are driving the market during the forecast period. The need for reliable data collection and communication in manufacturing industries for the smooth processing of components involved in the production lines…
Progressing Cavity Pump Market Anticipated to Reach $3.6 billion by 2029, Witnes …
According to a research report, the Progressing cavity pump market is anticipated to witness a significant expansion, with the market size projected to reach approximately USD 3.6 billion by 2029, showcasing a Compound Annual Growth Rate (CAGR) of 5.0% from the estimated value of USD 2.8 billion in 2024.
View detailed Table of Content here -
https://www.marketsandmarkets.com/Market-Reports/progressing-cavity-pump-market-142949269.html
The global market for progressing cavity pumps is indeed witnessing substantial growth, propelled…
North America FOG Market worth $ 25.6 billion by 2044 | Key players Darling Ingr …
According to recent market research the " North America FOG Market by Type (Brown & Yellow grease), Generation (Restaurants/fast food restaurants, Food Processing Facility, Water Treatment Facility), Application, and Country (US, Canada, Mexico) - Global Forecast to 2044", size is projected to grow from USD 9.5 billion in 2022 to USD 25.6 billion by 2044, at a CAGR of 4.6% during the forecast period. The growth of this market is…
Cathode Materials Market worth $ 52.6 billion by 2027 | Key players Umicore, POS …
According to recent market research the " Cathode Materials Market by Battery Type (Lead-Acid, Lithium-ion), Material (Lithium-Ion (LFP, LCO, NMC, NCA, LMO), Lead-Acid (Lead Dioxide)), End-Use, and Region (Asia Pacific, North America, Europe, and Row) - Global Forecast to 2027 ", is projected to grow from USD 25.9 billion in 2022 to USD 52.6 billion by 2027, at a CAGR of 15.2% from 2022 to 2027. Growing demand for various…
Protective Relay Market worth $3.9 Billion by 2030 | ABB, Siemens, General Elect …
The global Protective Relay Market in terms of revenue was estimated to be worth $2.8 billion in 2024 and is poised to reach $3.9 billion by 2030, growing at a CAGR of 5.7% during the forecast period according to a new report by MarketsandMarkets™.
The driving factors for the protective relay market include the growing demand for electricity, the increasing use of renewable energy sources, and the need for advanced protection…
Military Vehicle Electrification Market Set to Grow at the Fastest Rate- Time to …
The Military Vehicle Electrification market is estimated to be USD 4.1 billion in 2023 and is projected to reach USD 20.4 billion by 2030, at a CAGR of 25.6 % from 2023 to 2030. Military vehicle electrification brings a host of benefits, encompassing strategic, operational, and environmental advantages. The adoption of electric propulsion systems enhances operational efficiency by providing quieter and more agile vehicles, reducing the acoustic signature and improving…
With 48.1% CAGR, Artificial Intelligence (AI) in Healthcare Market Growth to Sur …
The AI in Healthcare market is projected to grow from USD 20.9 billion in 2024 and is projected to reach USD 148.4 billion by 2029; it is expected to grow at a CAGR of 48.1% from 2024 to 2029. The growth of the AI in Healthcare market is driven by improving computing power and, declining hardware costs, and a rising number of partnerships and collaborations among different domains in the…
Digital Signal Processors: Unleashing New Possibilities in Consumer Electronics
The Digital Signal Processor market is projected to grow from USD 10.1 billion in 2024 and is projected to reach USD 14.7 billion by 2029; it is expected to grow at a CAGR of 7.8% from 2024 to 2029. The growth of the Digital Signal Processor market is driven by surging adoption of Internet of Things (IoT) and connected devices; increasing trend of digital signal processing in automotive industry; improvements…
Submarine Power Cable Market Revenue Is Anticipated to Reach $22.3 billion by 20 …
According to a research report, the Submarine power cable is projected to reach USD 22.3 billion by 2028 from an estimated USD 12.9 billion in 2023, at a CAGR of 11.5% during the forecast period.
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/submarine-power-cable-market-160046356.html
Submarine power cables are essential for maintaining a stable and reliable electrical supply infrastructure by connecting power grids across bodies of water, overcoming natural barriers, and enabling the…
VCSEL Market Set to Grow at the Fastest Rate- Time to Grow your Revenue
The VCSEL market is projected to grow from USD 1.3 billion in 2024 and is estimated to reach USD 1.9 billion by 2029; it is expected to grow at a CAGR of 8.1% from 2024 to 2029. The growth of the VCSEL market is driven by increase in application of VCSELs in data communication. VCSELs are effective technology for short-range applications such as optical data communication, local area network…
With 17.8% CAGR, Hydrogen Technology Testing, Inspection and Certification (TIC) …
The global hydrogen technology TIC was valued at USD 4.1 billion in 2024 and is projected to reach USD 9.2 billion by 2029; it is expected to register a CAGR of 17.8% during the forecast period. The increasing trend of clean energy, more acceptance and support from the government towards decarbonizing various industries, and growing advancements in hydrogen infrastructure including refueling stations, pipelines as well as storage are some factors…
Waterborne Coatings Market worth $ 140.7 billion 2030 | Key players PPG Industri …
According to recent market research the " Waterborne Coatings Market by Resin Type (Acrylic, Polyester, Alkyd, Epoxy, Polyurethane, PTFE, PVDF, PVDC), Application (Architectural and Industrial), and Region (Asia Pacific, North America, Europe, ME&A, South America) - Global Forecast to 2030 ", size was USD 99.2 billion in 2021 and is projected to grow at a CAGR of 3.8% during 2022 - 2027 and 4.2% during 2028 - 2030 to reach…
Intelligent Transport Systems: Driving the Future of Urban Mobility
The global intelligent transportation system market is expected to reach USD 70.7 billion in 2029 from USD 50.7 billion in 2024, at a CAGR of 6.9% during the forecast period. Rapid urbanization to fuel the demand for intelligent transportation systems, Government initiatives to increase road safety, and Rising demand for mobility services are the major driving factors for the growth of the intelligent transportation system market.
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Aqueous-based Metal Cleaners Market worth $ 14.6 billion by 2027 | Key players B …
According to recent market research the " Aqueous-based Metal Cleaners Market by Cleaning Chemicals (Builders, Sequestrants & Inhibitors, Surfactants), End-use Industries (Manufacturing, Automotive & Aerospace, Healthcare), Chemistry Type, Technology and Region- Global Forecast to 2027 ", will grow to USD 14.6 billion by 2027, at a CAGR of 5.4% from USD 11.2 billion in 2022. The market is largely fueled by increasing applications, technological advancements, and growing demand in…
The Global Small Caliber Ammunition Market: Strategic Developments and Trends
The Small Caliber Ammunition market is projected to grow from USD 5.7 billion in 2024 to USD 7.0 billion by 2029, at a CAGR of 4.3% from 2024 to 2029. The report on the Small Caliber Ammunition market provides an analysis of the market from 2024 to 2029. It discusses industry and technology trends currently prevailing in the market, along with drivers, restraints, challenges, and opportunities that influence the growth…
Industrial Metaverse Market Poised for Rapid Growth: Key Trends and Insights
According to MarketsandMarkets, the industrial metaverse market is estimated to be USD 28.7 billion in 2024 and projected to reach USD 228.6 billion by 2029, at a CAGR of 51.5% during the forecast period.
Industrial metaverse is a blend of digital and physical world formed using technologies such as digital twin, AI, AR &VR, and edge computing. Industrial Metaverse is used for enhancing connectivity, real time collaboration among production systems,…
With 5.1% CAGR, Display Market Growth to Surpass USD 173.7 billion
The display market is expected to reach USD 173.7 billion by 2029 from USD 135.2 billion in 2024, at a CAGR of 5.1 % during the 2024-2029 period.
Surging adoption of OLED displays in various applications is driving the display market. Flexible OLEDs are widely accepted and are being integrated in several markets including TVs, mobile phones, computer monitors, automotive infotainment and wearable devices. OLED technology is one of the small…
District Cooling Market worth $1.3 Billion by 2029 | Danfoss A/S, Johnson Contro …
The global District Cooling Market in terms of revenue was estimated to be worth $1.1 billion in 2024 and is poised to reach $1.3 billion by 2029, growing at a CAGR of 3.6% from 2024 to 2029 according to a new report by MarketsandMarkets™.
Commercial, Industrial, and Residential are the major applications of district cooling. The District Cooling Market is majorly concentrated in Middle East & Africa.
Energy efficiency improvement is a…
Peristaltic Pumps Market worth $ 3.0 billion in 2027 | Key players Watson-Marlow …
According to recent market research the " Peristaltic Pumps Market by Type (Tube pumps or Hose pumps), Discharge capacity (Up to 30 psi, 30-50 psi, 50-100 psi, 100-200 psi and above 200 psi), End Use Application, & Region (North America, Europe, APAC, South America, MEA) - Forecast to 2027 ", Peristaltic pumps Market size is estimated to be USD 2.1 billion in 2022 and is projected to reach USD 3.0…
Drone Package Delivery Market Set to Grow at the Fastest Rate- Time to Grow your …
The Drone Package Delivery market is valued at USD 693 million in 2024 and is projected to reach USD 4,666 million by 2030, at a CAGR of 37.4% from 2024 to 2030. Technological advancement, Increasing use of drone for instant and same day delivery are some of the main reasons for market growth. The report on the drone package delivery market provides a detailed trend analysis from 2020 to 2030.…
Optic Adhesives Market worth $ 526 million by 2027 | Key players Henkel AG& Co. …
According to recent market research the " Optic Adhesives 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 2027 ", was valued at USD 342 million in 2022 to USD 526 million by 2027, at a CAGR of 9.0% between 2022 and 2027. Asia Pacific is…
With 11.5% CAGR, Mesh Gateway Market Growth to Surpass USD 2.2 billion
The overall market for mesh gateways is expected to be USD 1.3 billion in 2024 and reach USD 2.2 billion in 2029, at a CAGR of 11.5% during the forecast period. Factors such as increasing applications in the manufacturing industry are driving the market during the forecast period. The need for reliable data collection and communication in manufacturing industries for the smooth processing of components involved in the production lines…
Managed Services to Revolutionize Access Control Market with Highest CAGR
The Access Control as a Service (ACaaS) market is rapidly evolving, with the managed segment poised to experience the highest compound annual growth rate (CAGR) during the forecast period. This growth is driven by increasing demand for scalable, cost-effective, and comprehensive security solutions across various industries. Managed ACaaS offers significant advantages, making it an attractive option for businesses looking to enhance their security infrastructure without the complexities and costs associated…
Plywood Market worth $73.3 billion by 2027 | Key players Georgia Pacific LLC (US …
According to recent market research the "Plywood Market by Type (Hardwood and Softwood), Application (Construction and Industrial), Uses Type (New Construction and Rehabilitation), and Region (North America, Europe, APAC, MEA, South America) - Global Forecast to 2027", Plywood market size is projected to reach USD 73.3 billion by 2027 from USD 54.2 billion in 2022 growing at a CAGR of 6.2%.
Browse 220 market data Tables and 54 Figures spread through…
Sulphur Pastilles Market worth $1.6 billion by 2028 | Key players Atlas Coogee C …
According to recent market research the "Sulphur Pastilles Market by Type (Sulphur 90%, Sulphur 85%), Process (Prilling/Pelletizing, Extrusion), Application (Agriculture, Chemical Processing, Rubber Processing, Pharmaceuticals), and Region - Global Forecast to 2028", size was USD 1.4 billion in 2023 and is projected to reach USD 1.6 billion by 2028 at a CAGR of 3.2% between 2023 and 2028. The shift towards sustainable agriculture, where sulphur pastilles serve as essential soil…
Plain Bearing Market worth $13.0 billion by 2026 | Key players NTN Corporation ( …
According to recent market research the "Plain Bearing Market by Type, End-Use Industry (Automotive, Industrial, Aerospace, Energy, Construction Machinery, Agricultural & Gardening Equipment, Oilfield Machinery, Office Products) and Region - Global Forecast to 2026" The plain bearing market is projected to reach USD 13.0 billion by 2026, at a CAGR of 5.2% between 2021 and 2026. The market is propelled by the growth of various end-use industries. There is increase…
Vehicle Armor Materials Market worth $9.3 billion by 2029 | Key players Teijin L …
According to recent market research the "Vehicle Armor Materials Market by Type (Metals & Alloys, Ceramics, Composites, Fiberglass, Aramid Fibers), Application (Defense, Paramilitary, Police, Security Agencies, Personal), and Region (North America, Europe, APAC, ROW) - Global Forecast to 2029", is projected to reach USD 9.3 billion by 2029, at a CAGR of 6.7% from USD 6.7 billion in 2024. The growth of the vehicle armor materials market is propelled by…
Industrial Control Transformer Market Anticipated to Reach $1.2 billion by 2027, …
According to a new market research report, the global industrial control transformer market is projected to reach USD 1.2 billion by 2027 from an estimated USD 0.9 billion in 2022, at a CAGR of 5.0% during the forecast period.
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/industrial-control-transformer-market-96246259.html
The global industrial control transformer market is primarily being driven by increasing energy consumption and increasing usage of industrial control transformer across major industries.…
Marine VFD Market to Reach $1.6 billion by 2030, Growing at 5.0% CAGR
According to a research report, the Marine VFD market is projected to reach USD 1.6 billion by 2030 from an estimated USD 1.1 billion in 2023, at a CAGR of 5.0% during the forecast period.
Marine VFDs are essential because They help reduce power consumption, prevent damage, and enhance safety. VFDs also allow remote tracking of ship VFDs, regulate speed and torque, and provide fuel savings. The majority of…
Satellite Solar Cell Materials Market worth $96 million by 2030 | Key players SP …
According to recent market research the "Satellite Solar Cell Materials Market by Material Type (Silicon, Copper Indium Gallium Selenide (CIGS), Gallium Arsenide (GaAs)), Application (Satellite, Rovers, Space Stations), Orbit (LEO, MEO, GEO, HEO, Polar Orbit), & Region - Global Forecast to 2030", which is expected to reach USD 96 million by 2030 from USD 44 million in 2024 and grow at a CAGR of 13.7%, is important to powering a…
Green & Bio-solvents Industry worth $1.6 Billion by 2027| Key players BASF SE (G …
According to recent market research the "Green & Bio-solvents Market by Type (Bioalcohols, Bio-Diols, Biogycols, Lactate Esters), Application (Industrial & Domestic Cleaners, Paints & Coatings, Adhesives, Printing Inks, Pharmaceuticals) and Region- Global Forecast to 2027 ", will grow to USD 1.6 Billion by 2027, at a CAGR of 5.6% from USD 1.2 Billion in 2022. This growth is primarily triggered by the uncertainty about developments in oil prices. Solvent producers…
Electric Bus Market Size, Share, Trends & Analysis by 2030
The global electric bus market is estimated to grow from USD 17.0 billion in 2024 to USD 37.5 billion by 2030 with a CAGR of 14.2% over the forecast period.
The growth of the electric bus market is driven by countries prioritizing the electrification of their public transportation fleets through subsidies and favorable regulations, prompted by emission concerns. Governments of the UK, Hungary, Japan, China, India, the US, and other…
Polycarbonate Resin Market worth $20.1 billion by 2029 | Key players Covestro AG …
According to recent market research the "Polycarbonate Resin Market by Application (Electrical & Electronics, Optical Media, Construction, Consumer, Automotive, Packaging, Medical), and Region (Asia Pacific, Europe, North America, Middle East & Africa) - Global Forecast to 2029", is projected to reach USD 20.1 billion by 2029, at a CAGR of 5.5% from USD 15.3 billion in 2024. The polycarbonate resin market is driven by several factors, including technological advancements, shifting…
Bioceramics Market worth $10.2 billion by 2028 | Key players CeramTec GmbH (Germ …
According to recent market research the " Bioceramics Market by Type (Bio-inert, Bio-active, Bio-resorbable), Material Type (Aluminum Oxide, Zirconia, Calcium Phosphate, Calcium Sulfate), Form (Powder, Liquid), Application (Orthopedics, Dental, Biomedical), and Region- Forecast to 2028", is estimated at USD 7.4 billion in 2023 and is projected to reach USD 10.2 billion by 2028, at a CAGR of 6.7 % from 2023 to 2028. Bioceramics are a class of ceramic materials…
Rising at 24.3% CAGR, Smart Port Market Size to Grow $5.7 billion by 2027
According to a research report, the global smart port market size will grow to USD 5.7 billion by 2027 from USD 1.9 billion in 2022, at a CAGR of 24.3% during the forecast period.
https://www.marketsandmarkets.com/Market-Reports/smart-ports-market-165784113.html
Growing maritime trade activities internationally across industries, Growing decarbonization of the maritime industry which increases the health benefit and reduce carbon emission globally, hence these are driving the demand for smart ports globally. As the real-time…
OTR Tire Market Size, Share, Trends & Analysis by 2030
The global OTR Tire market is projected to grow from USD 4.8 billion in 2024 to USD 7.0 billion by 2030 at a CAGR of 6.5%. The growing demand for heavy machinery in construction, mining, and agriculture, coupled with increasing infrastructure projects worldwide, is driving the expansion of the OTR tire market. Additionally, advancements in tire technology, such as enhanced durability and tread designs, fuel market growth by improving efficiency…
Oxygen-Free Copper Market worth $40.4 billion by 2029 | Key players Aviva Metals …
According to recent market research the "Oxygen-Free Copper Market by Grade (Cu-OF, Cu-OFE), Product Form (Wires, Strips, Busbar & Rods), End-use Industry (Electronics & Electrical, Automotive), and Region( North America, Europe, APAC, MEA, South America) - Global Forecast to 2029", size is projected to grow from USD 30.9 billion in 2024 to USD 40.4 billion by 2029, at a CAGR of 5.5% during the forecast period. The increasing demand for…
Natural Personal Care Ingredients Market worth $7.9 billion by 2028 | Key player …
According to recent market research the "Natural Personal Care Ingredients Market by Type (Emollients, Surfactants, Rheology Modifiers, Preservatives, Active Ingredients), Application (Skin Care, Hair Care, Make-up, Oral Care), and Region - Global Forecast to 2028", size was USD 5.3 billion in 2022 and is projected to reach USD 7.9 billion by 2028, at a CAGR of 8.3%, between 2023 and 2028. The market is projected to grow because of the…
Rising at 11.6% CAGR, The Smart Water Metering market worth $6.4 billion in 2027 …
According to a latest research, the global Smart Water Metering market is expected to grow at a CAGR of 11.6% during the forecast period, from an estimated USD 3.7 Billion in 2022 to USD 6.4 Billion in 2027. The rising urban population is creating opportunities for the development of smart cities, which ultimately is driving the demand for smart water metering infrastructure development on a larger scale. Another factor driving…
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