Press Releases from Lucintel (367 total)
Lucintel Forecasts the Global High Performance Glass Fiber Market to Reach $242 …
According to a market report by Lucintel, the future of the global high performance glass fiber market looks promising with opportunities in the aerospace & defense, wind energy, automotive, pressure vessels, civil engineering, marine, electrical and electronics, and sporting goods end uses. The global high performance glass fiber market is expected to reach an estimated $242 million by 2031 from $183 million in 2025, at a CAGR of 4% from…
Lucintel Forecasts the Global Fire Testing Market to reach $11 billion by 2031
According to a market report by Lucintel, the future of the global fire testing market looks promising with opportunities in the consumer goods & electronics, agriculture & food, chemicals, construction & infrastructure, energy & power, industrial & manufacturing, medical & life sciences, mining, oil & gas and petroleum, and automotive markets. The global fire testing market to reach an estimated $11 billion by 2031 from $8 billion in 2025, at…
Lucintel Forecasts the Global Epitaxial Wafer in Compound Semiconductor Market t …
According to a market report by Lucintel, the future of the global epitaxial wafer in compound semiconductor market looks promising with opportunities in the industrial, energy & power, defense/security, digital economy, transport, healthcare, consumer electronic, and space sectors. The global epitaxial wafer in compound semiconductor market is expected to reach an estimated $6.7 billion by 2031 with a CAGR of 18.8% from 2025 to 2031. The major drivers for this…
Lucintel Forecasts the Global Lip Care Packaging Market to Reach $60.0 billion b …
According to a market report by Lucintel, the future of the global lip care packaging market looks promising with opportunities in the sun protection, non-medicated, and medicated & therapeutic markets. The global lip care packaging market is expected to reach an estimated $60.0 billion by 2030 from $41.3 billion in 2024, at a CAGR of 6.2% from 2024 to 2030. The major drivers for this market are increasing consumer interest…
Lucintel Forecasts the Global Pressure Relay Market is expected to grow with a C …
According to a market report by Lucintel, the future of the global pressure relay market looks promising with opportunities in the ship field, mechanical field, and industrial markets. The global pressure relay market is expected to grow with a CAGR of 5.6% from 2025 to 2031. The major drivers for this market are rising demand for industrial automation, growing need for safety & monitoring systems, and increasing adoption in automotive…
Lucintel Forecasts the Global Quantum Battery Market is expected to grow with a …
According to a market report by Lucintel, the future of the global quantum battery market looks promising with opportunities in the consumer electronics and electric vehicle markets. The global quantum battery market is expected to grow with a CAGR of 19.8% from 2025 to 2031. The major drivers for this market are increasing demand for efficient energy storage, rising investments in renewable energy, and growing adoption of electric vehicles.
A more…
Lucintel Forecasts the Global Rack Power Supply Unit Market is expected to grow …
According to a market report by Lucintel, the future of the global rack power supply unit market looks promising with opportunities in the internet, government, telecommunication, and BFSI markets. The global rack power supply unit market is expected to grow with a CAGR of 3.4% from 2025 to 2031. The major drivers for this market are increasing demand for data centers, growing adoption of cloud services, and rising need for…
Lucintel Forecasts the Global Residential PVC Electrical Conduit Market is expec …
According to a market report by Lucintel, the future of the global residential PVC electrical conduit market looks promising with opportunities in the villa and community markets. The global residential PVC electrical conduit market is expected to grow with a CAGR of 5.8% from 2025 to 2031. The major drivers for this market are increasing demand for safe electrical systems, and rising construction activities.
A more than 150-page report to understand…
Lucintel Forecasts the Global Rogowski Coil Current Sensor Market is expected to …
According to a market report by Lucintel, the future of the global rogowski coil current sensor market looks promising with opportunities in the energy & power, communication, and automotive & transportation markets. The global rogowski coil current sensor market is expected to grow with a CAGR of 10.4% from 2025 to 2031. The major drivers for this market are increase in demand for accurate current measurement, rising adoption of renewable…
Lucintel Forecasts the Water Cooled Condenser Market in Canada to Reach $22.1 bi …
According to a market report by Lucintel, the future of the water cooled condenser market in Canada looks promising with opportunities in the automotive, oil & gas, power & energy, and industrial markets. The water cooled condenser market in Canada is expected to reach an estimated $22.1 billion by 2031 with a CAGR of 7.1% from 2025 to 2031. The major drivers for this market are the growing demand for…
Lucintel Forecasts the Global Acetic Anhydride Market is expected to grow with a …
According to a market report by Lucintel, the future of the global acetic anhydride market looks promising with opportunities in the pharmaceutical, industrial, agrochemical, and nutrition markets. The global acetic anhydride market is expected to grow with a CAGR of 4.5% from 2024 to 2030. The major drivers for this market are increasing health issues such as fever, aches, & nausea and growing demand for hormone therapies to treat a…
Major Challenges in Hydrogen Vehicles
Clean hydrogen efforts are gaining momentum as countries aim for lower carbon emissions. Hydrogen vehicle provides a complementary short- and medium-term solution for decarbonizing. For hydrogen vehicles to reach a mainstream adoption, there are challenges which need to be addressed
Hydrogen vehicles hold promise for a clean transportation future, but they face several challenges hindering widespread adoption. Some of the major challenges are listed below:
High Cost
Cost of…
Lucintel Forecasts Carbon Black Market to Reach $22.8 Billion by 2025
According to the recent study the carbon black market is projected to reach an estimated $22.8 billion by 2025 from $18.0 billion in 2019, at a CAGR of 4% from 2020 to 2025. Growth in this market is primarily driven by increasing tire production and growth in plastic and coating market.
Browse 153 figures / charts and 137 tables in this 247-page report to understand trends, opportunities and forecast in carbon…
Lucintel Forecasts Bicycle Market to Grow at a CAGR of 8.8%
According to the recent study the bicycle market is projected to grow at a CAGR of 8.8% from 2021 to 2026. Growth in this market is primarily driven by raising fuel prices, government programs to build bicycle paths and roads, increasing health concerns/fitness consciousness, growing environmental awareness, and increasing traffic congestion.
Browse 130 figures / charts and 72 tables in this 178 -page report to understand trends, opportunities and forecast in…
Lucintel Forecasts Antimicrobial Coating Market to Reach $5 Billion by 2025
According to the recent study the Antimicrobial Coating Market is projected to reach an estimated $5 billion by 2025 from $3.5 billion in 2019, at a CAGR of 6.2% from 2020 to 2025. Growth in this market is primarily driven by increasing concern about health and hygiene and growing demand of antimicrobial coatings in building and construction, medical, and food & beverages industries.
Browse 157 figures / charts and 132 tables…
Lucintel Forecasts Zinc Stearate Market to Reach $1.4 Billion by 2027
According to the recent study the zinc stearate market is projected to reach an estimated $1.4 billion by 2027 from $1.0 billion in 2021, at a CAGR of 6% from 2021 to 2027. Growth in this market is primarily driven by growth in the end use applications and increasing demand for materials that could provide superior functionality & energy conservation.
Browse 134 figures / charts and 116 tables in this…
Lucintel Forecasts Video Game Market to Reach $215.1 Billion by 2027
According to the recent study the video game market is projected to reach an estimated $215.1 billion by 2027 from $153.5 billion in 2021, at a CAGR of 7% from 2021 to 2027. Growth in this market is primarily driven by increasing growth of smartphones and easy availability of games on the internet.
Browse 111 figures / charts and 96 tables in this 202 -page report to understand trends, opportunities…
Lucintel Forecasts Recovered Carbon Black Market to Grow at a CAGR of 16%
According to the recent study the recovered carbon black market is projected to grow at a CAGR of 16% from 2021 to 2027. Growth in this market is primarily driven by recovered carbon black in the tire industry and growing environmental concern towards low carbon footprints.
Browse 112 figures / charts and 93 tables in this 187 -page report to understand trends, opportunities and forecast in recovered carbon black market by…
Lucintel Forecasts Polyolefin Film Market to Reach $122.7 Billion by 2027
According to the recent study the polyolefin film market is projected to reach an estimated $122.7 billion by 2027 from $91.5 billion in 2021, at a CAGR of 5% from 2021 to 2027. Growth in this market is primarily driven by increasing demand for packaged food in emerging nations and growth in oriented films.
Browse 132 figures / charts and 102 tables in this 190 -page report to understand trends,…
Lucintel Forecasts Micro LED Market to Reach $14.7 Billion by 2027
According to the recent study the micro LED market is projected to reach an estimated $14.7 billion by 2027 from $0.4 billion in 2021, at a CAGR of 80% from 2021 to 2027. Growth in this market is primarily driven by growth in smartphones and wearable devices and increasing demand for brighter and better display solutions.
Browse 87 figures / charts and 87 tables in this 183 -page report to…
Lucintel Forecasts LED Driver Market to Reach $21.9 Billion by 2027
According to the recent study the LED driver market is projected to reach an estimated $21.9 billion by 2027 from $9.6 billion in 2021, at a CAGR of 15% from 2021 to 2027. Growth in this market is primarily driven by increasing building and construction activities, favorable government regulation for energy efficiency, and increasing adoption of LED lightings in emerging countries.
Browse 113 figures / charts and 98 tables in…
Lucintel Forecasts the Global Robotics Prosthetic Market to grow at a CAGR of 8. …
According to the recent study on the technology trends in the global robotics prosthetic market, total market size of the robotics prosthetic market is projected to grow at a CAGR of 8.2% from 2019 to 2024. Growth in this market is primarily driven by growing trend of microprocessor controlled, myoelectric, body-powered, and hybrid prosthetic technologies are creating potential for new prosthetic applications and driving demand for robotic prosthetic devices.
Browse…
Bio-Plasticizer Market is anticipated to grow at a CAGR of 7.7% during 2022-2027
The global bio-plasticizer market is projected to reach $2.3 billion by 2027, at a CAGR of 7.7% during 2022-2027. The growth of bio-plasticizer market is driven by increasing demand for PVC, growing need for non-toxic alternative for phthalates plasticizer, stringent environment regulations, and increasing health concern.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the bio-plasticizer market…
Identiv's Eco-Friendly RFID and NFC Tags Receive 2021 Product Innovation Award b …
Dallas, March 28, 2022 -- Based on recent research on the RFID market, Lucintel is pleased to announce Identiv's Eco-Friendly RFID and NFC Tags as the recipient of the "2021 Product Innovation Award in the RFID Market." Identiv's novel product ecosystem is manufactured on renewable paper without plastic layers or any harmful chemicals, ensuring a lower carbon footprint. The near field communication (NFC) tags are non-etched, paper-based inlays, reducing…
UroViu Corporation's Single-Use Cystoscopy Platform Receives 2021 Product Innova …
Dallas, March 30, 2022 -- Based on recent research on the Single Use Endoscopy market, Lucintel is pleased to announce UroViu Corporation's Cystoscopy Platform as the recipient of the "2021 Product Innovation Award in the Single Use Endoscopy Market". Lucintel chose UroViu Corporation for this award because of its novel unique, single-use, disposable and portable cystoscopy platform that allows physicians to conveniently perform interventional and diagnostic urologic procedures in any…
Lucintel Forecasts the Electric Vehicle Battery Market to grow at a CAGR of 38%
According to the recent study on the technology trends in the electric vehicle battery market, total market size of the electric vehicle battery market is projected to grow at a CAGR of 38% from 2020 to 2025. Growth in this market is primarily driven by rising wave of new technologies, such as lithium-nickel-cobalt-aluminum (NCA) and lithium-nickel-manganese-cobalt (NMC) are creating growth potential in electric vehicle battery.
Browse more than 59 figures…
Lucintel Forecasts the Vehicle Battery Enclosure Market to reach $7.0 billion by …
According to the recent study on the technology trends in the vehicle battery enclosure market, total market size of the vehicle battery enclosure market is projected to reach an estimated $4 billion by 2026, at a CAGR of 36% from 2021 to 2026. Growth in this market is primarily driven by rising wave of new technologies, such as composite based battery enclosure are creating significant potential for battery enclosure in…
Lucintel Forecasts Photoinitiator Market to Reach $1.6 Billion by 2027
According to the recent study the photoinitiator market is projected to reach an estimated $1.6 billion by 2027 from $1.0 billion in 2021, at a CAGR of 8.2% from 2021 to 2027. Growth in this market is primarily driven by its excellent properties like relative stability and range of light absorption.
Browse 93 figures / charts and 69 tables in this 163 -page report to understand trends, opportunities and forecast in…
Lucintel Forecasts Personal Care Active Ingredient Market to Reach $6.0 Billion …
According to the recent study the personal care active ingredient market is projected to reach an estimated $6.0 billion by 2027 from $4.3 billion in 2021, at a CAGR of 5.4% from 2021 to 2027. Growth in this market is primarily driven by changing lifestyle, growing purchasing power, and increasing concern of consumers regarding their appearances and hygiene.
Browse 106 figures / charts and 90 tables in this 199 -page…
Lucintel Forecasts Home Automation Market to Reach $101.1 Billion by 2027
According to the recent study the home automation market is projected to reach an estimated $101.1 billion by 2027 from $56.4 billion in 2021, at a CAGR of 10% from 2021 to 2027. Growth in this market is primarily driven by increasing consumer need for simplicity of functioning and personalized experience, increasing awareness related to safety and security, and the growing adoption of cloud-based technologies.
Browse 73 figures / charts…
Lucintel Forecasts the Global Robotics Prosthetic Market to grow at a CAGR of 8. …
According to the recent study on the technology trends in the global robotics prosthetic market, total market size of the robotics prosthetic market is projected to grow at a CAGR of 8.2% from 2019 to 2024. Growth in this market is primarily driven by growing trend of microprocessor controlled, myoelectric, body-powered, and hybrid prosthetic technologies are creating potential for new prosthetic applications and driving demand for robotic prosthetic devices.
Browse…
Lucintel Forecasts Flame Retardant Plastics Market to Reach $66.9 Billion by 202 …
According to the recent study the flame retardant plastics market is projected to reach an estimated $66.9 billion by 2027 from $56 billion in 2021, at a CAGR of 3% from 2021 to 2027. Growth in this market is primarily driven by stringent government regulation towards fire safety, growing demand for flame retardant plastics in electrical and electronics market, and increasing demand for halogen-free wire and cable market.
Browse 170…
Lucintel Forecasts ASIC Chip Market to Reach $34.4 Billion by 2027
According to the recent study the ASIC chip market is projected to reach an estimated $34.4 billion by 2027 from $22.7 billion in 2021, at a CAGR of 7.2% from 2021 to 2027. Growth in this market is primarily driven by increasing advancement in chip technology, rising demand for customizable ICs, and growing usage in consumer electronic devices.
Browse 79 figures / charts and 60 tables in this 162 -page…
Lucintel Forecasts Antimony Trioxide Market to Reach $1.8 Billion by 2027
According to the recent study the antimony trioxide market is projected to reach an estimated $1.8 billion by 2027 from $1.3 billion in 2021, at a CAGR of 5.4% from 2021 to 2027. Growth in this market is primarily driven by increasing safety and security measures for smoke and flammability and growth in end use industries such as construction and electrical & electronics.
Browse 134 figures / charts and 109…
Lucintel Forecasts Supercapacitor Market to Reach $3.6 Billion by 2027
According to the recent study the supercapacitor market is projected to reach an estimated $3.6 billion by 2027 from $1.5 billion in 2021, at a CAGR of 15% from 2021 to 2027. Growth in this market is primarily driven by increasing production of electrical vehicles, growth in portable electronics, and superior properties of supercapacitors, such as high energy density, long lifecycles, and power stabilization, as compared to conventional power storage…
Lucintel Forecasts Electric Power Transmission and Distribution Equipment Market …
According to the recent study the electric power transmission and distribution equipment market is projected to reach an estimated $381 billion by 2027 from $278 billion in 2021, at a CAGR of 5.4% from 2021 to 2027. Growth in this market is primarily driven by increasing demand for electricity, new power generation capacity additions, and the expansion of transmission and distribution infrastructure.
Browse 135 figures / charts and…
Lucintel Forecasts Capacitor Market to Reach $31.2 Billion by 2027
According to the recent study the capacitor market is projected to reach an estimated $31.2 billion by 2027 from $22.1 billion in 2021, at a CAGR of 5.9% from 2021 to 2027. Growth in this market is primarily driven by increasing demand for consumer electronics products, growing demand for premium smartphones, and increasing production of electric vehicles.
Browse 157 figures / charts and 132 tables in this 190 -page report to…
Lucintel Forecasts Building Thermal Insulation Market to Reach $40.5 Billion by …
According to the recent study the building thermal insulation market is projected to reach an estimated $40.5 billion by 2027 from $30.9 billion in 2021, at a CAGR of 4.6% from 2021 to 2027. Growth in this market is primarily driven by growth in building and construction industry and stringent government regulations for reduction of greenhouse gas emission and to increase energy efficiency.
Browse 150 figures / charts and 70…
Lucintel Forecasts Artificial Intelligence Market to Reach $115 Billion by 2027
According to the recent study the artificial intelligence market is projected to reach an estimated $115 billion by 2027 from $32 billion in 2021, at a CAGR of 23.5% from 2021 to 2027. Growth in this market is primarily driven by increasing demand for virtual assistance for easy accessibility of services and growing adoption of cloud-based technology.
Browse 106 figures / charts and 89 tables in this 205 -page report…
Lucintel Forecasts the Global Wireless Health Market to reach $XX billion by 202 …
According to a recent study on the technology trends in the global wireless health market, total market size of the global wireless health market is projected to reach an estimated $XX billion by 2024, at a CAGR of XX% from 2019 to 2024. Growth in this market is primarily driven by the rising wave of new technologies, such as WLAN/Wi-Fi technology are creating significant potential for advanced wireless health in…
Lucintel Forecasts the Global Wearable Fitness Technology Market to reach $XX bi …
According to a recent study on the technology trends in the global wearable fitness technology market, total market size of the global wearable fitness technology market is projected to reach an estimated $XX billion by 2024, at a CAGR of XX% from 2019 to 2024. Growth in this market is primarily driven by the rising wave of new technologies, such as smartwatch and wristband are creating significant potential for advanced…
Lucintel Forecasts the Global Electrically Conductive Adhesive Market to reach $ …
According to a recent study on the technology trends in the global electrically conductive adhesive market, total market size of the global electrically conductive adhesive market is projected to reach an estimated $XX billion by 2024, at a CAGR of XX% from 2019 to 2024. Growth in this market is primarily driven by the rising wave of new technologies, such as silicone based electrically conductive adhesives are creating significant potential…
Lucintel Forecasts the Global Food Packaging Market to reach $XX billion by 2024
According to a recent study on the technology trends in the global food packaging market, total market size of the global food packaging market is projected to reach an estimated $XX billion by 2024, at a CAGR of XX% from 2019 to 2024. Growth in this market is primarily driven by the rising wave of new technologies, such as active and intelligent food packaging are creating significant potential in dairy…
Lucintel Forecasts the Global Food and Beverage Disinfection Market to reach $XX …
According to a recent study on the technology trends in the global food and beverage disinfection market, total market size of the global food and beverage disinfection market is projected to reach an estimated $XX billion by 2024, at a CAGR of XX% from 2019 to 2024. Growth in this market is primarily driven by the UV radiation is creating significant potential for food and beverage disinfection in various applications,…
Lucintel Forecasts the Global Foam Insulation Market to reach $XX billion by 202 …
According to a recent study on the technology trends in the global foam insulation market, total market size of the global foam insulation market is projected to reach an estimated $XX billion by 2024, at a CAGR of XX% from 2019 to 2024. Growth in this market is primarily driven by the rising wave of new technologies, such as polyolefin based foam insulation is creating significant potential in building and…
Lucintel Forecasts the Global Flexible Packaging Market to reach $XX billion by …
According to a recent study on the technology trends in the global flexible packaging market, total market size of the global flexible packaging market is projected to reach an estimated $XX billion by 2024, at a CAGR of XX% from 2019 to 2024. Growth in this market is primarily driven by the rising wave of new technologies, such as bio plastics based flexible packaging are creating significant potential in food…
Lucintel Forecasts the Global Building Insulation Market to reach $XX billion by …
According to a recent study on the technology trends in the global building insulation market, total market size of the global building insulation market is projected to reach an estimated $XX billion by 2024, at a CAGR of XX% from 2019 to 2024. Growth in this market is primarily driven by the rising wave of new technologies, such as glass wool and spray foam insulation technology, which are creating significant…
Lucintel Forecasts Indian Composites Market to Reach $1.9 Billion by 2027
According to the recent study the Indian composites market is projected to reach an estimated $1.9 billion by 2027 from $0.7 billion in 2021, at a CAGR of 18.1% from 2021 to 2027. Growth in this market is primarily driven by rise in demand for electrical and electronic, wind energy, and pipe and tank applications due to increase in the number of government projects like smart cities development, eco-friendly…
Lucintel Forecasts Indian Aerospace and Defense Composite Market to Reach $71.2 …
According to the recent study the Indian aerospace and defense composite market is projected to reach an estimated $71.2 million by 2027 from $31.8 million in 2021, at a CAGR of 13.1% from 2021 to 2027. Growth in this market is primarily driven by increase in military and defense expenditure, increasing use of lightweight and high performance material and availability of low-cost skilled manpower.
Browse 66 figures / charts and…
Lucintel Forecasts India Glass Fiber Market to Reach $0.5 Billion by 2027
According to the recent study the India glass fiber market is projected to reach an estimated $0.5 Billion by 2027 from $0.2 Billion in 2021, at a CAGR of 14.0% from 2021 to 2027. Growth in this market is primarily driven by domestic consumption by government, NGOs, and civic bodies.
Browse 44 figures / charts and 28 tables in this 88 -page report to understand trends, opportunities and forecast in…
