Press Releases from MarketsandMarkets (7251 total)
Hydrogen Fueling Station Market Anticipated to Reach $1,129 million by 2030 | Ai …
According to a new market research report, the global hydrogen fueling station market is projected to reach USD 1,129 million by 2030 from an estimated USD 380 million in 2023, at a CAGR of 16.8% during the forecast period. Factors such as stringent government regulations to control greenhouse gas emissions and increasing implementation of national hydrogen strategies across various countries is significantly contributing to the growth of hydrogen fueling station…
Electric Motors Market Poised to Soar: North America's Role in Driving Growth To …
The global electric motors market is expected to grow from USD 134.0 billion in 2022 to USD 186.0 billion by 2027, at a CAGR of 6.8% during the forecast period. The electric motors market in the U.S. is a thriving sector within the global market that is expected to grow at a significant growth rate due to the rising demand for energy-efficient motors across diverse industries such as Industrial,…
Micro Injection Molded Plastic Market worth $2.1 billion by 2028 | Key players A …
According to recent market research the "Micro Injection Molded Plastic Market by Material Type (LCP, PEEK, PC, PE, POM, PMMA, PEI, PBT), Application (Medical, Automotive, Optics, Electronics), and Region (North America, Asia Pacific, Europe, MEA, South America) - Global Forecast to 2028", size was USD 1.2 billion in 2023 and is projected to reach USD 2.1 billion by 2028, at a CAGR of 11.4%, between 2023 and 2028. Micro injection…
Ceramic Tiles Market worth $320.5 billion by 2027 | Key players SCG Ceramics (Th …
According to recent market research the "Ceramic Tiles Market by Type (Porcelain, Glazed, Unglazed), Application (Floor Tiles, Internal Wall Tiles, External Wall Tiles) End-use Sector (Residential, Non-residential), Finish (Matt, Gloss), Construction Type, and Region - Global Forecast to 2027", is approximated to be USD 227.9 billion in 2022, and it is projected to reach USD 320.5 billion by 2027, at a CAGR of 7.1%. The Ceramic tiles market is…
Monoclonal Antibody (mABs) Therapeutics Market Worth $497.5 billion | Marketsand …
Monoclonal Antibody (mABs) Therapeutics Market in terms of revenue was estimated to be worth $252.6 billion in 2024 and is poised to reach $497.5 billion by 2029, growing at a CAGR of 14.5% from 2024 to 2029 according to a new report by MarketsandMarkets™. The monoclonal antibody therapeutics market is primarily driven by factors such as increasing prevalence of chronic diseases like cancer, autoimmune disorders, and infectious diseases. Technological advancements…
Optometry Equipment Market Worth $6.1 billion | MarketsandMarkets™
Optometry Equipment Market in terms of revenue was estimated to be worth $4.5 billion in 2024 and is poised to reach $6.1 billion by 2029, growing at a CAGR of 6.4% from 2024 to 2029 according to a new report by MarketsandMarkets™. The principal drivers propelling the expansion of this market are the growing prevalence of eye illnesses, advancements in ophthalmic device technology, expanding government initiatives aimed at preventing visual…
Cell Expansion Market Worth $26.7 billion | MarketsandMarkets™
Cell Expansion Market in terms of revenue was estimated to be worth $14.3 billion in 2024 and is poised to reach $26.7 billion by 2029, growing at a CAGR of 13.3% from 2024 to 2029 according to a new report by MarketsandMarkets™. Some factors contributing to the growth of the global market includes increasing R&D investments in cell based research, growing focus on personalized medicine, and increasing number of strategic…
Medical Device Contract Manufacturing Market Worth $149.4 billion | MarketsandMa …
Medical Device Contract Manufacturing Market in terms of revenue was estimated to be worth $78.9 billion in 2024 and is poised to reach $149.4 billion by 2029, growing at a CAGR of 11.4% from 2024 to 2029 according to a new report by MarketsandMarkets™. The global population is growing older, leading to an increased demand for medical devices used in diagnostics, treatment, and monitoring of age-related conditions also chronic diseases…
Automotive Silicone Market worth $3.4 billion by 2028 | Key players Wacker Chemi …
According to recent market research the "Automotive Silicone Market by Type (Elastomers, Resins, Gels, Fluids), Application (Interior & Exterior, Engines, Electrical, Tires) and Region (North America, Europe, Asia Pacific, Middle East & Africa, South America) - Global Forecast to 2028", is projected to reach USD 3.4 billion by 2028, at a CAGR of 7.3% from USD 2.4 billion in 2023. The automotive silicone market is mainly driven by the growing…
Post-Consumer Recycled Plastics Market worth $92.6 billion by 2028 | Key players …
According to recent market research the "Post-Consumer Recycled Plastics Market by Source (Bottles, Non-bottle Rigid), Polymer Type, Processing Type (Mechanical, Chemical, Biological), End-use (Packaging, Building & Construction, Automotive, Electronics), and Region - Global Forecast to 2028", is projected to grow from USD 62.1 billion in 2023 to USD 92.6 billion by 2028, at a CAGR of 8.3% from 2023 to 2028. The demand for post-consumer recycled plastics is propelled by…
Laser Capture Microdissection Market Worth $306 million | MarketsandMarkets™
Laser Capture Microdissection Market in terms of revenue was estimated to be worth $184 million in 2024 and is poised to reach $306 million by 2029, growing at a CAGR of 10.6% from 2024 to 2029 according to a new report by MarketsandMarkets™. The growth of this market is driven by increasing demand of laser capture microdissection in cancer research, collaborations between academic institutions, research organizations, and industry players to…
Cell Culture Market Worth $57.9 billion | MarketsandMarkets™
Cell Culture Market in terms of revenue was estimated to be worth $30.9 billion in 2024 and is poised to reach $57.9 billion by 2029, growing at a CAGR of 13.4% from 2024 to 2029 according to a new report by MarketsandMarkets™. Some of the factors contributing to the growth of the global cell culture market includes increasing fundings and support from government and private organizations for cell-based research, growing…
Home Healthcare Market Worth $383.0 Billion | MarketsandMarkets™
Home Healthcare Market in terms of revenue was estimated to be worth $250.0 billion in 2023 and is poised to reach $383.0 billion by 2028, growing at a CAGR of 8.9% from 2023 to 2028 according to a new report by MarketsandMarkets™. The primary drivers propelling the growth of this market are the aging population, rising healthcare expenditures, and the increased need for home care due to technological advancements in…
Medical Robots Market Worth $33.8 billion | MarketsandMarkets™
Medical Robots Market in terms of revenue was estimated to be worth $16.0 billion in 2024 and is poised to reach $33.8 billion by 2029, growing at a CAGR of 16.1% from 2024 to 2029 according to a new report by MarketsandMarkets™. The growth in the medical robots market is driven by the aging population and rising chronic diseases, improving reimbursement scenario, and subsequent advancements in healthcare funding & infrastructure.…
X-Ray Detectors Market Worth $4.2 billion | MarketsandMarkets™
X-Ray Detectors Market in terms of revenue was estimated to be worth $3.1 billion in 2023 and is poised to reach $4.2 billion by 2029, growing at a CAGR of 5.0% from 2023 to 2029 according to a new report by MarketsandMarkets™. The market is experiencing growth driven by increased investments in the enhancement of healthcare facilities and digital imaging technologies. The demand for early diagnosis is on the rise,…
Gene Expression Analysis Market Worth $6.2 billion | MarketsandMarkets™
Gene Expression Analysis Market in terms of revenue was estimated to be worth $4.2 billion in 2024 and is poised to reach $6.2 billion by 2029, growing at a CAGR of 8.1% from 2024 to 2029 according to a new report by MarketsandMarkets™. The gene expression analysis market is experiencing significant growth due to several key factors. Firstly, the increasing prevalence of chronic diseases such as cancer, diabetes, and cardiovascular…
Microgrid Controller Market Set to Grow at the Fastest Rate- Time to Grow your R …
The microgrid controller market is expected to reach USD 18.7 billion by 2029 from USD 6.8 billion in 2024, at a CAGR of 22.6% during the 2024-2029 period.
One of the key drivers in the microgrid controller market is Emphasis on decarbonization among end users and governments. Traditional energy grids often face challenges in maintaining power supply continuity following natural disasters such as storms, earthquakes, and wildfires. Disruptions caused by such…
With 8.8% CAGR, Mid and High-Level Precision GPS Receiver Market Growth to Surpa …
The global mid and high-level precision GPS receiver market was valued at USD 3.4 billion in 2024 and is estimated to reach USD 5.2 billion by 2029, registering a CAGR of 8.8% during the forecast period. Increasing demand for GPS receivers in the construction industry, rising energy demand for geographic information systems, and expanding adoption of GPS receivers in autonomous driving are the major driving factors for the growth of…
Solid Biomass Feedstock Market worth $36.2 Billion by 2029
The global Solid Biomass Feedstock Market is expected to reach USD 36.2 billion by 2029 from USD 26.6 billion in 2024 at a CAGR of 6.3% during the forecast period according to a new report by MarketsandMarkets™. Solid biomass feedstock refers to organic materials which are in solid state sourced from different sources such as agriculture, forestry, and organic waste, which can be utilized for energy production via combustion,…
eFuse Market is Projected to Reach $674 million by 2029 | Leading key players ar …
According to a research report "eFuse Market Type (Auto Retry, Latched), Package Type (Small Outline No Lead, Dual Flat No Leads, Quad Flat No Leads, Think Shrink Small Outline Package), Application, End User, & Region - Forecast to 2035" published by MarketsandMarkets, the eFuse market is projected to reach USD 674 million by 2029 from an estimated USD 557 million in 2024, at a CAGR of 3.9% during the forecast…
Battery Recycling Market worth $54.3 billion by 2030 | Key players Aqua Metals, …
According to recent market research the "Battery Recycling Market by Source (Automotive Batteries, Industrial Batteries, Consumer & Electronic Appliance Batteries), Chemistry (Lead Acid, Lithium-based, Nickel-based), Material (Metals, Electrolyte, Plastics) and Region - Global Forecast to 2030", is projected to grow from USD 26.9 billion in 2023 to USD 54.3 billion by 2030, at a CAGR of 10.5%. The mounting demand for electric vehicles to limit the rising pollution levels has…
Waterproofing Admixtures Market worth $8.0 billion by 2028 | Key players Sika AG …
According to recent market research the "Waterproofing Admixtures Market by Type (Pore Blocking Admixtures, Crystalline Admixtures, Densifier), Application (Residential, Commercial, Infrastructure), and Region (Asia Pacific, Europe, North America, MEA, South America) - Global Forecast to 2028", size was USD 5.3 billion in 2022 and is projected to reach USD 8.0 billion by 2028, at a CAGR of 7.4%, between 2023 and 2028. The market is projected to grow because of…
Combined Heat and Power Market Size to Grow $39.2 billion by 2029 | GE, Siemens …
According to a research report "Combined Heat and Power Market by Prime Mover (Gas Turbine, Steam Turbine, Reciprocating Engine, Fuel Cell, Microturbine), Capacity (Up to 10 MW, 10-150 MW, 151-300 MW, Above 300 MW), Fuel, End User and Region - Global Forecast to 2029" published by MarketsandMarkets, the Combined heat and power market is projected to reach USD 39.2 billion by 2029 from an estimated USD 30.4 billion in 2024,…
Direct Air Capture Market worth $1,727 Million by 2030 | Carbon Engineering, Glo …
The global Direct Air Capture Market is expected to grow from an estimated USD 62 million in 2023 to USD 1,727 million by 2030, at a CAGR of 60.9% during the forecast period. Direct Air Capture provides a pathway to offset emissions that cannot be entirely eliminated. Direct air capture technology is known for its unique technology which directly captures CO2 from the ambient air, which is poised to play…
Chilled Beam System Market Projected to reach $298 million by 2025
The report Chilled Beam System Market size is projected to reach USD 298 million by 2025 from USD 203 million in 2020 at a CAGR of 7.9%. Increasing need for energy savings coupled with various benefits offered by chilled beam systems such as thermal comfort, floor to floor savings, and improved air quality over traditional HVAC systems are expected to drive the chilled beam system market during the…
With 33.3% CAGR, Artificial Intelligence (AI) in Military Market Growth to Surpa …
The AI in military market is estimated to be USD 9.2 billion in 2023 and is projected to reach USD 38.8 billion by 2028, at a CAGR of 33.3% during the forecast period. The driving factor for the AI in military market is increase investments on development of AI-enabled solution to strengthen military capabilities, development of high-end AI chips, and need for advanced surveillance systems and situational awareness.
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Adhesive Tapes Market worth $110.6 billion by 2028 | Key players 3M Company (US) …
According to recent market research the "Adhesive Tapes Market by Resin Type (Acrylic, Rubber, Silicone), Technology (Solvent, Hot-melt, Water-based), Backing Material (PP, Paper, PVC), End-use Industry (Packaging, Healthcare, E&E, Automotive) and Region - Global Forecast to 2028", is growing at a high rate due to the increased demand from various sectors. The global adhesive tapes market size was USD 80.2 billion in 2022 and is projected to reach USD 110.6…
Metallic Stearates Market worth $4.9 billion by 2028 | Key players Baerlocher Gm …
According to recent market research the "Metallic Stearates Market by Type (Magnesium Stearates, Zinc Stearates, Calcium Stearates), End-Use Industry (Polymer & Rubber, Pharmaceuticals & Cosmetics, Building and Construction), & Region (APAC, North America, Europe, RoW) - Global Forecast to 2028", is approximated to be USD 3.7 billion in 2023, and it is projected to reach USD 4.9 billion by 2028 at a CAGR of 5.4%. The demand for metallic stearates…
Hydrogen Generation Market Surges in the US, Forecasted to Reach $257.9 Billion …
According to a research report, 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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The hydrogen generation market in the U.S. is a thriving sector within the global market that is expected to grow significantly due to the surging investments in low-emission fuels, especially hydrogen,…
Hernia Repair Market is Expected to Reach $5.1 Billion | Ethicon Inc. (US), AbbV …
Hernia Repair Market in terms of revenue was estimated to be worth $4.1 billion in 2024 and is poised to reach $5.1 billion by 2029, growing at a CAGR of 4.2% from 2024 to 2029 according to a new report by MarketsandMarkets™. Factors such as increasing hernia prevalence, rising geriatric population, technological advancement, increasing adoption of mesh in hernia repair surgeries, new product development, effectiveness of mesh repair and efficient…
IQVIA HOLDINGS INC. (US) and Merative (US) are Leading Players in the Real World …
Real World Evidence Solutions Market in terms of revenue was estimated to be worth $2.0 billion in 2024 and is poised to reach $4.5 billion by 2029, growing at a CAGR of 16.5% from 2024 to 2029 according to a new report by MarketsandMarkets™. The growth in the Real-World Evidence Solution market is driven by the increased shift towards a value-based and upsurging aging population. Additionally, the increase in the…
Pharmacogenomics Market- Global Forecast to 2028 | Illumina, Inc. (US), Thermo F …
Pharmacogenomics Market in terms of revenue was estimated to be worth $3.5 billion in 2023 and is poised to reach $5.8 billion by 2028, growing at a CAGR of 10.6% from 2023 to 2028 according to a new report by MarketsandMarkets™. The increasing focus on the translational approach to optimize drug development processes, increasing collaborations and partnerships between key players and research institutes, and rising incidence of cancer are the…
Medical Nitrous Oxide Market Worth $2.8 Billion | Messer SE & CO. KGAA (Germany) …
Medical Nitrous Oxide Market in terms of revenue was estimated to be worth $1.8 billion in 2023 and is poised to reach $2.8 billion by 2029, growing at a CAGR of 6.6% from 2023 to 2029 according to a new report by MarketsandMarkets™. Factors propelling the medical nitrous oxid market include the advancements in healthcare infrastructure, increase in number of surgical procedures continues to rise globally, the demand for anesthesia…
Wearable Healthcare Devices Market Size, Share, Trends | Apple Inc. (US), Fitbit …
Wearable Healthcare Devices Market in terms of revenue was estimated to be worth $40.7 billion in 2023 and is poised to reach $69.2 billion by 2028, growing at a CAGR of 11.2% from 2023 to 2028 according to a new report by MarketsandMarkets™. In recent years, there has been substantial growth in the home healthcare market, driven primarily by the expanding geriatric population, a growing incidence of chronic diseases, and…
Wearable Injectors Market worth $15.1 billion by 2029
Wearable Injectors market in terms of revenue was estimated to be worth $8.4 billion in 2023 and is poised to reach $15.1 billion by 2029, growing at a CAGR of 10.3% from 2023 to 2029 according to a latest report published by MarketsandMarkets™. The rising tide of chronic diseases - diabetes, cardiovascular conditions, autoimmune disorders, miniaturization, microfluidics, and sensor technology are in constant evolution, paving the way for smaller, smarter,…
Aircraft Cabin Interiors Market Set to Grow at the Fastest Rate- Time to Grow yo …
The aircraft cabin interiors market size is projected to grow from an estimated USD 24.8 billion in 2022 to USD 36.4 billion by 2027, at a CAGR of 8.0% during the forecast period. Rise in low cost airlines, increase in Wi-Fi connectivity in aircrafts and increasing upgrades for aircraft cabin interior systems, serve as an opportunity for the market growth up to 2027.
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Based on aircraft type,…
With 7.8% CAGR, Surface Inspection Market Growth to Surpass USD 5.9 billion
The global surface inspection market is projected to grow from USD 4.0 billion in 2023 to USD 5.9 billion by 2028, growing at a CAGR of 7.8%. The substantial growth in remuneration across various countries and the adoption of high-performance and innovative inspection systems to fulfill quality standards in the electrical and electronics industries are some key factors driving the growth of the surface inspection market.
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Carbon & Graphite Felt Market worth $871 million by 2029 | Key players SGL Group …
According to recent market research the "Carbon & Graphite Felt Market by Product Type (Soft Felt and Rigid Felt), Raw Material type (PAN, Rayon, and Pitch), Type (Carbon Felt and Graphite Felt), Application (Furnace, Batteries, and Filters), and Region - Global Forecast 2029", is estimated at USD 551 million in 2024 and is projected to reach USD 871 million by 2029, at a CAGR of 9.6% from 2024 to 2029.…
Silicone Market worth $27.0 billion by 2027 | Key players Wacker Chemie AG (Germ …
According to recent market research the "Silicone Market by Type (Elastomers, Fluids, Resins, Gels), End-use Industry (Industrial Process, Building & Construction, Personal Care & Consumer Products, Transportation, Electronics, Medical & Healthcare, Energy), and Region - Global Forecast to 2027", is approximated to be USD 18.5 billion in 2022, and it is projected to reach USD 27.0 billion by 2027, at a CAGR of 7.8%. Factors such as Superior properties of…
Progressing Cavity Pump Market is Projected to Reach $3.6 billion by 2029 | NETZ …
According to a research report "Progressing Cavity Pump Market by Power Rating (Up To 50 Hp, 51-150 Hp, Above 150 Hp), Pumping Capacity, End-User (Oil & Gas, Water & Wastewater Treatment, Food & Beverage, Food Waste, Biogas, Battery Recycling) and Region - Global Forecast to 2029" published by MarketsandMarkets, the Progressing cavity pump market is anticipated to witness a significant expansion, with the market size projected to reach approximately USD…
Aircraft Electric Motors Market Set to Grow at the Fastest Rate- Time to Grow yo …
The aircraft electric motors market size is projected to grow from USD 8.2 Billion in 2022 to USD 12.9 Billion by 2027, at a CAGR of 9.4% from 2022 to 2027. The anticipated growth in demand for commercial aircraft is driving market expansion.
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Engine Control Systems is expected to account for the largest share in 2022
Based on application, engine control systems segment is projected to lead the…
With 14.1% CAGR, Remote Automotive Exhaust Sensing Market Growth to Surpass USD …
The global remote automotive exhaust sensing market size is projected to grow from USD 76 Million in 2022 to USD 147 Million by 2027; it is expected to grow at a CAGR of 14.1% from 2022 to 2027. The rise in awareness among consumers about vehicle pollution is also attributed to the increasing demand for remote automotive exhaust sensing systems to detect the pollutants from vehicle emissions.
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Next-Generation Solar Cell Market Projected to reach $7.4 billion by 2028
The next-generation solar cell market was valued at USD 3.0 billion in 2023 and is projected to reach USD 7.4 billion by 2028, growing at a CAGR of 19.5% from 2023 to 2028. The surging demand for renewable energy is one of the major opportunities in the market.
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The utility segment held the largest market share in 2022, and a similar trend is expected to…
Diesel Generator Market worth $23.4 Billion by 2029 | Caterpillar, Cummins, Gene …
The global Diesel Generator Market is expected to reach USD 23.4 billion by 2029 from USD 17.9 billion in 2024 at a CAGR of 5.4% during the forecast period according to a new report by MarketsandMarkets™. Diesel generators are essential because they provide reliable and constant source of electricity during power outages and emergencies. The longevity and durability of diesel generators allow them to operate over extended periods ensuring…
Inverter Market Size to Hit $39.6 billion by 2028 | Leading key players are Huaw …
According to a new market research report, the Inverter market is projected to reach USD 39.6 billion by 2028 from an estimated USD 18.9 billion in 2023, at a CAGR of 16.0% during the forecast period. Factors such the rising demand for renewable energy sources, such as solar and wind power, which require inverters to convert direct current (DC) into usable alternating current (AC). Additionally, advancements in technology have led…
Hydrazine Hydrate Market worth $308 million by 2027 | Key players Arkema S.A. (F …
According to recent market research the "Hydrazine Hydrate Market by Concentration Level (24%-35%, 40%-55%, 60%-85% & 100%), Application (Polymerization & Blowing Agents, Pharmaceuticals, Agrochemicals, Water Treatment), and Region (Asia Pacific, North America, Europe) - Global Forecast to 2027", size was USD 222 million in 2021 and is projected to reach USD 308 million by 2027, at a CAGR of 5.8% from 2022 to 2027. The market is projected to grow…
Industrial Cleaning Chemicals Market worth $59.5 billion by 2028 | Key players B …
According to recent market research the "Industrial Cleaning Chemicals Market by Ingredient (Surfactants, Solvents, Chelating Agents), Product (General & Medical Cleaning), Application (Manufacturing & Commercial Offices, Healthcare, Retail & Food Service), and Region - Global Forecast to 2028", MarketsandMarkets: The industrial cleaning chemicals market is estimated at USD 47.1 billion in 2023 and is projected to reach USD 59.5 billion by 2028, at a CAGR of 4.8% from 2023 to…
Common-mode Chokes Market Projected to reach $820 Million by 2028
The Common-mode Chokes Market is projected to grow from USD 629 Million in 2023 to USD 820 Million by 2028; it is expected to grow at a CAGR of 5.4% during the forecast period. Increasing deployment of common-mode chokes in consumer electronics is one of the primary factors for the growth of common-mode chokes market. Proliferation towards Industry 4.0 technology around the globe are factors driving demand of common-mode chokes.…
Micro-LED Market Set to Grow at the Fastest Rate- Time to Grow your Revenue
The micro-LED market is estimated to be valued at USD 592 million in 2021 and reach USD 21,169 million by 2027; it is anticipated to grow at a CAGR of 81.5% during the forecast period. The major factors driving the growth of the micro-LED market are increase in demand for micro displays for NTE devices, and increasing interest of electronic giants in micro-LED technology. However, several factors, such as requirement…
With 7.7% CAGR, Hearth Market Growth to Surpass USD 14.8 billion
The global hearth market was valued at USD 9.3 billion in 2021 and is projected to reach USD 14.8 billion by 2027, registering a CAGR of 7.7% during the forecast period. The rise in demand for hearth products is also attributed to the increasing demand for home automation and the availability of numerous standard and customized hearth design options.
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Fireplaces held the largest share of ~42% of…
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