Press Release

Machine Condition Monitoring Industry worth $4.7 billion by 2029

According to the new market research report "Machine Condition Monitoring Market by Technique (Vibration Monitoring, Thermography, Oil Analysis, Ultrasound Emission), Offering (Vibration Sensors, Infrared Sensors, Spectrometers, Corrosion Probes, Spectrum Analyzers), Region - Global Forecast to 2029" The global machine condition monitoring industry size is expected to grow from USD 3.1 billion in 2024 to USD 4.7 billion by 2029, at a CAGR of 8.3% from 2024 to 2029. Cloud technology enables access to maintenance data anywhere in the world through devices such as personal computers, tablets, or smartphones. This data is available to any stakeholder with approved access, including third-party analysts, without requiring any additional expensive infrastructure. Cloud computing reduces operating costs and ensures easy data maintenance. It offers data flexibility and provides unlimited storage and secure networking options. Thus, the advent of cloud computing platforms with a significant focus on cyber security is expected to fuel the growth of the machine condition monitoring industry.

• Published: January 2024

Future of E-fuels Market worth $44.0 billion by 2035

According to a research report "Future of E-fuels Market by Renewable Source (Solar, Winds), Fuel Type (E-Methane, E-Kerosene, E-methanol, E-Ammonia, E-Gasoline), State (Gaseous, Liquid), End-Use Application (Transportation, Power Generation) & Region - Global Forecast to 2035" published by MarketsandMarkets, the global e-fuel demand is expected to grow to USD 44.0 billion by 2035, up from USD 4.9 billion in 2024, at a CAGR of 22.1 % during the forecast period. Demand for e-fuels is increasing due to their ability to reduce carbon emissions and ease energy storage difficulties. E-fuels, or synthetic fuels created from renewable energy, offer a solution to decarbonize industries that rely heavily on liquid fuels, such as transportation and aviation. They may store excess renewable energy and offer a carbon-neutral solution for difficult-to-electrify applications such as heavy-duty vehicles, shipping, and industrial operations. Because of their adaptability, e-fuels are an important component of efforts to reduce greenhouse gas emissions and transition to more sustainable energy solutions, supporting their growing demand in sectors seeking carbon neutrality and energy security.

• Published: December 2023

Artificial Intelligence in Cybersecurity Industry worth $60.6 billion by 2028

According to a research report "Artificial Intelligence in Cybersecurity Market by Security Type (Infrastructure (Network, Endpoint, Cloud), Data, Application), Technology (ML, Deep Learning (CNN, GAN), Context-Aware Computing), Application (IAM, DLP, and UTM) - Global Forecast to 2028" published by MarketsandMarkets, the global market for Al in Cybersecurity is projected to grow from USD 22.4 billion in 2023 to USD 60.6 billion by 2028, at a CAGR of 21.9% during the forecast period. The surge in artificial intelligence (AI) technologies like natural language processing (NLP) and machine learning (ML) is vital for enhancing cybersecurity. With an increase in cyberattacks on tech firms, defense, and government agencies, the demand for advanced AI solutions has grown. Cyber AI, particularly in behavioural biometrics, is crucial for proactive threat protection. ML algorithms are a top priority for industry players to strengthen security intelligence. The banking sector, facing rising privacy concerns, emphasizes the significance of AI-based cybersecurity. As cyber threats evolve, the market is expected to expand, especially driven by demand from small- and medium-sized enterprises (SMEs).

• Published: December 2023

Managed DNS Market worth $1.3 billion by 2028

According to a research report "Managed Domain Name System (DNS) Market by DNS Service, DNS Server (Primary Servers and Secondary Servers), Cloud Deployment, End User, Enterprise (BFSI, Retail & eCommerce, Media & Entertainment, Healthcare) and Region - Global Forecast to 2028" published by MarketsandMarkets, the managed DNS market size is projected to grow from USD 0.6 billion in 2023 to USD 1.3 billion by 2028, at a CAGR of 18.1% during the forecast period. The migration of applications and services to the cloud has led to increased demand for DNS solutions that seamlessly integrate with cloud environments. Managed DNS can provide the scalability and flexibility needed in cloud-based infrastructures.

• Published: December 2023

Wood-plastic Composites Market worth $11.9 billion by 2028

The report "Wood-plastic Composites Market by Type (Polyethylene, Polyvinylchloride, propylene), Application (Building & construction Products, Automotive Components, Industrial & Consumer Goods), & Region (North America, Europe, APAC, MEA) - Global Forecast to 2028", is estimated at USD 7.5 billion in 2023 and is projected to reach USD 11.9 billion by 2028, at a CAGR of 9.8% from 2023 to 2028. Wood-plastic composites are composite materials made of fine wood fibers or wood flour mixed with thermoplastics. Wood fibers or wood flour are mixed with thermoplastic such as polyethylene (PE), polyvinyl chloride (PVC), polypropylene (PP), along with the additives that include pigments, blowing agents, and lubricants, among others, that are processed to produce wood-plastic composites. Additives are used to provide physical and mechanical properties to the polymer matrix. In terms of finished products, wood-plastic composites appear in two forms; one is either pellets that can be used as a feedstock for extrusion or injection molding process, and another is as a wood-plastic composite lumber or timber. Wood-plastic products can also be produced from either new or recycled thermoplastics materials.

• Published: December 2023

Food Additives Industry worth $96.3 billion by 2028

According to a research report "Food Additives Market by Type (Emulsifiers, Hydrocolloids, Preservatives, Dietary Fibers, Enzymes, Sweeteners, Flavors), Source (Natural, Synthetic), Form, Application (Food, Beverages), Functionality and Region - Global Forecast to 2028" published by MarketsandMarkets, the Food additives market is projected to reach USD 96.3 billion by 2028 from USD 73.4 billion by 2023, at a CAGR of 5.6% during the forecast period in terms of value. The food additives market is experiencing growth due to increasing consumer demand for natural and clean-label products, the expansion of the food and beverage industry, and technological advancements in food processing.

• Published: December 2023

Military Transmit and Receive Module Industry worth $7.7 billion by 2028

The report "Military Transmit and Receive Module Market by Type (Gallium Nitride, Gallium Arsenide), Application, Frequency (Single-Band and Multi-Band), Communication Medium (Optical, RF and Hybrid), Platform and Region - Global Forecast to 2028" The Military transmit and receive module market size is projected to grow from USD 5.8 billion in 2023 to USD 7.7 billion by 2028, at a CAGR of 5.8% from 2023 to 2028.

• Published: December 2023

Veterinary Imaging Market worth $2.9 billion by 2029

The report "Veterinary Imaging Market by Product (Ultrasound (2D, 3D, Doppler), CT, X-Ray, MRI; Contrast Reagent; Software), Modality (Stationary, Portable), Application (Ortho, OB/GYN, Cancer), Animal (Small, Large), End User (Clinic, Hospital) - Forecast to 2029", is valued at an estimated USD 1.9 billion in 2023 and is projected to reach USD 2.9 billion by 2029, at a CAGR of 7.2% during the forecast period.

• Published: December 2023

Dairy Processing Equipment Industry worth $14.4 billion by 2028

According to a research report "Dairy Processing Equipment Market by Type (Pasteurizers, Homogenizers, Mixers & Blenders, Separators, Evaporators, Dryers, Membrane Filtration Equipment), Mode of Operation (Automatic and Semi-Automatic), Application and Region - Global Forecast to 2028" published by MarketsandMarkets, the global dairy processing equipment industry, valued at USD 10.7 billion in 2023, showcases a significant growth projection, anticipated to reach to USD 14.4 billion by 2028, indicating a steady compound annual growth rate (CAGR) of 6.2% during the forecast period. The growth of the dairy processing equipment market is significantly influenced by the adoption of automation and Industry 4.0 technologies. Integrating automated systems enhances production efficiency, streamlines processes, and reduces labor costs, leading to increased overall productivity. The implementation of Industry 4.0 principles introduces smart manufacturing, data analytics, and real-time monitoring, further optimizing the dairy processing workflow. This technological evolution not only improves operational efficiency but also ensures consistent product quality, meeting the ever-growing demand for dairy products globally.

• Published: December 2023

Concrete Admixtures Market worth $25.9 billion by 2028

The report "Concrete Admixtures Market by Type (Superplasticizers, Normal Plasticizers, Accelerating Admixtures, Retarding Admixtures, Air-entraining Admixtures), Application (Residential, Commercial, Infrastructure), and Region - Global Forecast to 2028", size was USD 18.6 billion in 2023 and is projected to reach USD 25.9 billion by 2028, at a CAGR of 6.9%, between 2023 and 2028.

• Published: December 2023

Green Preservatives Market worth $1.5 billion by 2028

The report "Green Preservatives Market by Type (Natural preservative, Organic Acid, Essential Oil), End-use Industry (Food & beverage, Personal Care & Cosmetic, Industrial Cleaning, Household Cleaning, Pharmaceutical), and Region - Global Forecast to 2028", size was USD 1.1 billion in 2023 to USD 1.5 billion by 2028, at a CAGR of 7.1% from 2023 to 2028.

• Published: December 2023

Defense Cybersecurity Industry worth $49.4 billion by 2028

The report "Defense Cybersecurity Industry by Offering (Hardware, Software, and Services), Security (Network Security, Endpoint Security, Application Security, Cloud Security), End User (Army, Navy, Air Force), Application and Region - Global Forecast to 2028" The Defense Cybersecurity Industry 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 refers to the comprehensive set of practices, technologies, and strategies implemented to protect military networks, systems, and sensitive information from cyber threats.In the realm of national security, where warfare has extended into the digital domain, defense cybersecurity plays a pivotal role in safeguarding critical infrastructure, military operations, and classified data. The advantages of a robust defense cybersecurity framework are manifold.

• Published: December 2023

Cable Blowing Equipment Industry worth $136 million by 2028

The report "Cable Blowing Equipment Market by Power Type (Hydraulically Powered, Pneumatically Powered, Electric, Drill-driven), Cable Type (Microduct, Normal Cable) and Region (North America, Europe, Asia Pacific & RoW) - Global Forecast to 2028" The cable blowing equipment industry size is projected to grow from USD  108 million in 2023 and is estimated to reach USD 136 million by 2028; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 4.7% from 2023 to 2028.

The growth of the cable blowing equipment industry is driven by expansion of fiber optic networks to connect data centers, upgrading aging cable networks with fiber optics networks, increasing penetration of FTTH/FTTB networks, emergence and rapid adoption of 5G technology, and expansion of telecommunications infrastructure in emerging economies.

• Published: December 2023

Clinical Alarm Management Market worth $5.4 billion by 2028

The report "Clinical Alarm Management Market by Product (Nurse Call Systems; Connectivity/Integration Software - EMR, Central Hubs, Notification/Alert; Ventilators, Patient Monitors, Capnography, Oximeter), Type (Centralized), End User - Global Forecast to 2028", is projected to reach USD 5.4 billion by 2028 from USD 2.7 billion in 2023, at a CAGR of 14.5% during the forecast period.

• Published: December 2023

Marine Onboard Communication and Control Systems Industry worth $12.3 billion by 2028

The report "Marine Onboard Communication and Control Systems Industry by Type (Communication Systems, Control Systems), Platform (Commercial, Defense), End User (OEM, Aftermarket) and Region (North America, Europe, APAC, MEA, RoW) - Global Forecast to 2028" 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. The Marine Onboard Communication and Control Systems industry is driven by the increasing marine fleet of vessels due to the rise in seaborne trade and Marine tourism.

• Published: December 2023

Tissue Engineering Market worth $8.9 billion by 2028

The report "Tissue Engineering Market by Product (Scaffolds (Collagen, Stem Cell), Tissue Grafts (Allograft, Autograft, Xenograft)), Material (Biological, Synthetic), Application (Orthopedics, Dermatology, Wound Care, Cardiovascular) - Global Forecast to 2028", is projected to reach USD 8.9 billion by 2028 from an estimated USD 4.4 billion in 2023, at a CAGR of 15.3%  during the forecast period. The growing demand for innovative tissue engineering solutions for the treatment of chronic diseases and for repair and regeneration of tissues and technological developments such as 3D bioprinting is promoting the growth of the tissue engineering market.

• Published: December 2023

Hosted PBX Industry worth $24.9 billion by 2028

According to a research report "Hosted PBX Market by Offering (Solution and Services), Application (Unified Communication & Collaboration, Mobility, Contact Center), Vertical (BFSI, Retail & eCommerce, Manufacturing, Healthcare & Life Sciences) and Region - Global forecast to 2028" published by MarketsandMarkets, the hosted PBX market is estimated at USD 11.5 billion in 2023 to USD 24.9 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 16.8%. The integration of artificial intelligence (AI) features within hosted PBX systems has emerged as a pivotal driver fueling the growth of the market. hosted PBX providers have strategically incorporated AI functionalities, including virtual assistants, chatbots, and predictive analytics, to revolutionize communication efficiency and enhance the overall user experience. These AI-driven capabilities contribute significantly to the automation of routine tasks, streamlining communication processes and boosting operational efficiency for businesses. Virtual assistants and chatbots facilitate seamless interactions, enabling users to access information and perform tasks with greater ease. Predictive analytics, on the other hand, empowers businesses with data-driven insights into communication patterns, allowing for proactive decision-making. As organizations increasingly prioritize intelligent, automated solutions, the incorporation of AI within hosted PBX systems not only elevates the quality of communication services but also positions these solutions at the forefront of technological innovation, thereby driving the sustained expansion of the hosted PBX market.

• Published: December 2023

RF-Over-Fiber Industry worth $981 million by 2029

According to the new market research report "RF-Over-Fiber Market by Component (Optical Cables, Amplifiers, Transceivers, Switches, Antennas, Connectors, Multiplexers), Frequency Band (L, S, C, X, Ku, Ka), Deployment (Underground, Aerial, Underwater), Application, Vertical - Global Forecast to 2029" The global RF-over-Fiber market is expected to be valued at USD 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 driven by increasing internet demand, rising fiber optic cable needs for higher bandwidth, and the expanding telecommunication industry.

• Published: December 2023

Drone Logistics and Transportation Industry worth $16.1 billion by 2030

The report "Drone Logistics and Transportation Market by Platform (Freight, Passenger, Ambulance Drones), Application (Logistics, Transportation), Solution (Hardware, Software, Infrastructure), User, Range, and Region - Global Forecast to 2030" The Drone Logistics And Transportation market is valued at USD 0.9 billion in 2023 and is projected to reach USD 16.1 billion by 2030, at a CAGR of 50.1% from 2023 to 2030. The drone logistics market is experiencing explosive growth, fueled by technological advancements, increasing demand for faster and more efficient delivery solutions, and a growing awareness of the potential benefits of drone technology. Drones are becoming more capable and reliable, with longer flight times, higher payload capacities, and improved autonomy. Drones emit significantly fewer greenhouse gases than traditional transportation vehicles, making them a more environmentally friendly option. With continued technological advancements, growing investments, and supportive regulatory frameworks, drone-based solutions are expected to become increasingly mainstream and transformative across various industries.

• Published: December 2023

Cartilage Repair/Cartilage Regeneration Market worth $2.8 billion by 2028

The report "Cartilage Repair/Cartilage Regeneration Market by Treatment Modalities (Cell-Based (Chondrocyte Transplantation, Stem Cells, Growth Factors), Non-Cell (Tissue Scaffolds)), Application (Hyaline, Fibrocartilage), Site, and Region - Global Forecast to 2028 ", is projected to reach USD 2.8 billion by 2028 from USD 1.3 billion in 2023, at a CAGR of 17.2% during the forecast period.  Growth in the Cartilage Repair/Cartilage Regeneration market is mainly driven by the increasing prevalence of sports and accident-related orthopedic injuries and the increasing number of osteoarthritis cases expected to offer growth opportunities for players operating in the Cartilage Repair/Cartilage Regeneration market during the forecast period. However, the High cost of cartilage repair surgeries and Unfavorable reimbursement scenarios are restricting the growth of this market.

• Published: December 2023

Ball Valves Industry worth $17.0 billion by 2028

The report "Ball Valves Market by Material (Cast Iron, Stainless Steel, Alloy-based, Brass, Bronze & Plastic), Type(Trunnion-mounted, Floating, Rising Stem), Size (<1”, 1”-5”, 6”-24”, 25”-50” & >50”), Industry (Oil & Gas, Chemicals) & Region - Global Forecast to 2028" The global Ball valves industry size is expected to grow from USD 13.6 billion in 2023 to USD 17.0 billion by 2028, registering a CAGR of 4.6%. The ball valves market has witnessed significant growth attributed to increased industrialization, amplified demands from the oil & gas sector, water treatment, and expanding global infrastructure projects. Technological advancements and a focus on efficient fluid control systems have propelled this expansion.

• Published: December 2023

Patient Engagement Solutions Market worth $41.8 billion by 2028

The report "Patient Engagement Solutions Market by Component (Hardware (Tablet)), Software (Integrated), Therapy (CVD, Diabetes), Functionality (Education, Scheduling), User (Provider, Payer (Public)), Unmet Need, Investment, Buying Criteria - Global Forecast to 2028", is projected to reach USD 41.8 billion by 2028 from USD 22.5 billion in 2023, at a CAGR of 13.2% during the forecast period

• Published: December 2023

Shredder Blades Market worth $557 million by 2028

According to a research report "Shredder Blades Market by Shaft Count (Single shaft, Double shaft), Blade Design (Hook, Square), End User Industry (Waste Management & Recycling, Food Industry), Application (Plastic, Rubber, Metal, Wood, E-waste) & Region - Global Forecast to 2028" published by MarketsandMarkets, the Shredder blades market is projected to reach USD 557 million by 2028 from an estimated USD 431 million in 2023, at a CAGR of 5.3% during the forecast period.

• Published: December 2023

Hydrogen Pipeline Market worth $25.7 billion by 2030

The report "Hydrogen Pipeline Market by Type (Mobile, Fixed), Hydrogen Form (Gas, Liquid), Pipeline Structure (Metal, Plastics & Composites), and Region (APAC, Europe, North America, South America, and Middle East & Africa) - Global Forecast to 2030", is projected to grow from USD 9.1 billion in 2023 to USD 25.7 billion by 2030, at a CAGR of 16.0% from 2023 to 2030. The hydrogen pipeline sector is rapidly evolving due to the growing usage of hydrogen in various industries, such as energy, transportation, and manufacturing, which is driving the demand for extensive pipeline networks. Hydrogen's versatility as a clean energy carrier contributes to the surge in infrastructure development.

• Published: December 2023

Mobile Application Security Testing Industry worth $3.2 billion by 2028

According to a research report "Mobile Application Security Testing Market by Offering, Operating System (iOS, Android), Deployment Mode (On-premises, Cloud), Organization Size, Vertical (BFSI, IT & Telecom, Retail & eCommerce) and Region - Global Forecast to 2028" published by MarketsandMarkets, the global mobile application security testing (MAST) market is estimated to be worth USD 0.9 billion in 2023 and is projected to reach USD 3.2 billion by 2028, at a CAGR of 28.3% during the forecast period. The rapid pace of technological advancements and frequent software updates drive the MAST market. Mobile platforms, operating systems, and development frameworks undergo continuous changes and improvements. These updates may introduce new features, APIs, or security protocols, but they can also inadvertently introduce vulnerabilities or compatibility issues with existing applications. To maintain the security posture of mobile apps, organizations need to conduct regular security assessments to identify and address potential risks associated with the evolving technology landscape. This driver underscores the importance of adapting security testing strategies to keep pace with the latest developments, ensuring that mobile applications remain resilient and secure in the face of emerging technologies and software updates.

• Published: December 2023

Base Editing Industry Worth $549 million by 2028, with a CAGR of 15.2%

The report "Base Editing Market by Product (Platform, Reagents & Kits, Plasmids), Service (gRNA Design, Cell Line Engineering), Type, Targeted base (Cytosine, Adenine), Application (Drug Discovery, Agriculture, Veterinary), and Region - Global Forecast to 2028", is projected to reach USD 549 million by 2028 from an estimated USD 270 million in 2023, at a CAGR of 15.2% during the forecast period. Growing interest in gene editing technologies, including base editing, has attracted substantial funding and investment from both public and private sources. This financial support is crucial for research and development efforts, accelerating the commercialization of base editing technologies. However, ethical & safety concerns are the factors restraining market growth.

• Published: December 2023

Household Robots Industry worth $24.5 billion by 2028

The report "Household Robots Market by Offering, Type (Domestic, Entertainment & Leisure), Distribution Channel, Application (Vacuuming, Lawn Mowing, Companionship, Elderly and Handicap Assistance, Robot Toys and Hobby Systems) and Region - Global Forecast to 2028" The global household robots market size is projected to grow from USD 10.3 billion in 2023 to USD 24.5 billion by 2028;  it is expected to grow at a CAGR of  18.8% from 2023 to 2028. The growing adoption of household robots in household segments for applications like vacuuming, pool cleaning, and companionship, among others, is driving the market during the forecast period. For instance, Initially, robot vacuums were considered high-end gadgets. Over time, their prices have become more competitive, making them accessible to a broader consumer base. The availability of different price points and models has contributed to their popularity.

• Published: December 2023

Medical Foam Market worth $43.3 billion by 2028

The report "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 of this market can be credited to several factors, including the upward trend in the elderly population, the surge in worldwide healthcare spending, the advancement of implantable devices, and consumers transitioning from conventional to more sophisticated wound care solutions.

• Published: December 2023

Medical Device Connectivity Market worth $7.4 billion by 2028

The report "Medical Device Connectivity Market by Product & Services, Technology, Application (Vital Signs & Patient Monitors, Ventilators, Anesthesia Machines, Infusion Pumps, Imaging Systems, Respiratory devices), End User, and Region - Global Forecast to 2028 ", is projected to reach USD 7.4 billion by 2028 from USD 2.6 billion in 2023, at a CAGR of 21.5%.

• Published: December 2023

Sterile Medical Packaging Market worth $94.6 billion by 2028

The report "Sterile Medical Packaging Market by Material (Plastic, Metal, Paper & paperboard, Glass), Type (Thermoform trays, Sterile bottles & containers, Pre-fillable inhalers), Sterilization Method, Application, and Region - Global Forecast to 2028", is projected to grow from USD 57.5 billion in 2023 to USD 94.6 billion by 2028, at a CAGR of 10.5% from 2023 to 2028.

• Published: December 2023

Automotive Paints Market worth $9.9 billion by 2028

According to a research report "Automotive Paints Market by Type (E-coat, Primer, Basecoat, Clearcoat), Resin (PU, Epoxy, Acrylic), Technology (Solvent, Water, Powder), Paint Equipment (Airless, Electrostatic), Texture, Content, ICE & EVs, Refinish and Region - Global Forecast to 2028" published by MarketsandMarkets, the global automotive paints market is estimated to be USD 8.4 billion in 2023 and is projected to reach USD 9.9 billion by 2028, at a CAGR of 3.2% from 2023 to 2028.

• Published: December 2023

Stem Cell Therapy Market worth $615 million by 2028

The report "Stem Cell Therapy Market by Type (Allogeneic, Autologous), Cell Source (Adipose Tissue, Bone Marrow, Placenta/Umbilical Cord), Therapeutic Application (Musculoskeletal, Wounds, Surgeries, Inflammatory, Autoimmune, Cardiovascular) - Global Forecast to 2028", is projected to reach USD 615 million by 2028 from USD 286 million in 2023, at a CAGR of 16.5% during the forecast period.

• Published: December 2023

Global Cybersecurity Industry Outlook worth $208.8 billion by 2024

According to a research report "Global Cybersecurity Industry Outlook 2024 – A Look Ahead at the Cyber Landscape" published by MarketsandMarkets, the global cybersecurity industry market size is estimated to grow from USD 190.5 billion in 2023 to USD 208.8 billion by 2024, at a Y-o-Y increase of ~10%. Companies like Palo Alto Networks, Fortinet, Cisco, Checkpoint, etc., have contributed to this growth through innovation, diverse product offerings, and effective marketing strategies.

• Published: December 2023

Spin on Carbon Industry worth $747 million by 2028

According to a research report "Spin on Carbon Market by Type (Hot-Temperature Spin on Carbon, Normal-temperature Spin on Carbon), Application (Logic Devices, Memory Devices, Power Devices, Photonics, Advanced Packaging), End User and Region - Global Forecast to 2028" published by MarketsandMarkets, the spin on carbon market is projected to grow from USD 199 million in 2023 to USD 747 million by 2028, registering a CAGR of 30.2% during the forecast period. The market growth is attributed to the increasing demand for advanced packaging solutions and rapid technological advancements in semiconductor manufacturing. Furthermore, continued miniaturization of electronic devices is expected to create lucrative opportunities for the market.

• Published: December 2023

Immersion Cooling Fluids Market worth $3.2 billion by 2030

The report "Immersion Cooling Fluids Market by Type (Mineral Oil, Fluorocarbon-based Fluids, Synthetic Fluids), End Use (Transformers, Data Centers, EV Batteries, Solar PV), Technology (Single-Phase Cooling, Two-Phase Cooling) & Region - Global Forecast to 2030 ", is estimated to be USD 1.8 billion in 2023 and is projected to reach USD 3.2 billion by 2030, at a CAGR of 8.2% from 2023 to 2030. Immersion cooling fluids are becoming increasingly in demand due to advancements in technology, energy efficiency concerns, and the growing need for high-performance computer systems. In high-performance computing (HPC) applications, where there is a great demand for processing power, immersion cooling is frequently taken into consideration.

• Published: December 2023

Blower Market worth $4.6 billion by 2028

According to a research report "Blower Market by Product Type (Positive Displacement Blowers, Centrifugal Blowers, High-speed Turbo Blowers, Regenerative Blowers), Pressure, Distribution Channel, End-user Industry and Region - Global Forecast to 2028" published by MarketsandMarkets, the blower market is projected to reach USD 4.6 billion by 2028 from an estimated USD 3.7 billion in 2023, at a CAGR of 4.8% during the forecast period.

• Published: December 2023

Dry Ramming Mass Market worth $3.2 billion by 2028

The report "Dry Ramming Mass Market by Type (Alumina Ramming Mass, Silica Ramming Mass, Magnesia Based Ramming Mass), Application (Foundries, Steel, Electric Arc Furnace, Blast Furnace, Non-Steel), Function, and Region - Global Forecast to 2028", is projected to reach USD 3.2 billion by 2028, at a CAGR of 6.8% from USD 2.3 billion in 2023.

• Published: December 2023

Airport Automation Industry worth $7.7 Billion by 2028

The report "Airport Automation Industry by System (Data Acquisition and Communication, Automation and Control, Data Storage, Software and solution), Application, Airport Side, Airport Size, End Market, Automation level and Region - Global Forecast to 2028" The Airport Automation Industry size is projected to grow from USD 5.8 billion in 2023 to USD 7.7 Billion by 2028, at a CAGR of 5.8% from 2023 to 2028. Automated systems contribute to a smoother and more convenient passenger experience. Self-service check-in kiosks, automated security checks, and electronic boarding passes contribute to shorter wait times and a more seamless journey through the airport.

• Published: December 2023

In-Plant Logistics Industry worth $19.5 billion by 2028

The report "In-Plant Logistics Market by Product (Robots, ASRS, Conveyors & Sortation Systems, Cranes, AGVs, WMS, RTLS), Location (Receiving & Delivery Docks, Assembly/Production Lines, Storage Facilities, Packaging Workstations), Industry - Global Forecast to 2028" The in-plant logistics industry size is expected to reach USD 19.5 billion by 2028 from USD 12.3 billion in 2023, at a CAGR of 9.7% during the 2023–2028 period.

• Published: December 2023

Motor Monitoring Market worth $3.5 billion by 2028

According to a research report "Motor Monitoring Market by Offering, Deployment, Monitoring Process, End-use (Metals and Minings, Oil and Gas, Power Generation, Water and Wastewater, Food and Beverages, Chemicals, Automotive, Aerospace and Defense) and Region - Global Forecast to 2028" published by MarketsandMarkets, the Motor monitoring market is projected to reach USD 3.5 billion by 2028 from an estimated USD 2.3 billion in 2023, at a CAGR of 8.7% during the forecast period. Motor monitoring is one of the aspects of predictive maintenance that tracks the performance of motors to minimize downtime needed for repairs. The failing machinery is predicted by monitoring the vibration or temperature of the motor case or the bearings. Motor monitoring is required in various sectors, including oil and gas, power generation, automotive, energy and power, mining, food and beverage, chemicals, and other sectors. Technological advancements in motor monitoring include the use of motor current signature analysis (MCSA) technology, which analyzes motor currents rather than relying on traditional vibration-monitoring techniques.

• Published: December 2023

Furfural Market worth $767 million by 2028

The report "Furfural Market by Raw Material (Sugarcane Bagasse, Corncob, Rice Husk), Application (Derivatives, Solvents), End-Use Industry (Agriculture, Paint & Coatings, Pharmaceuticals, Food & Beverages, Refineries), and Region - Global Forecast to 2028", size is projected to grow from USD 662 million in 2023 to USD 767 million by 2028, at a CAGR of 2.9% from 2023 to 2028.

• Published: December 2023

Hybrid Boats Industry worth $2.7 billion by 2028

The report "Hybrid Boats Market by Hull Design (Hydrofoil, Multihull, Rigid Inflatable), Propulsion (Electric, Hybrid), Platform (Recreational Boats, Commercial Boats, Military and Law Enforcement Boats), Material, Boat Size and Region - Global Forecast to 2028" The Hybrid Boats Market is estimated to be USD 1.7 billion in 2023 to USD 2.7 billion by 2028, at a CAGR of 10.4% from 2023 to 2028. The hybrid boats market is on a trajectory for substantial growth, fueled by Increasing demand for sustainable marine vessels and technologically advanced vessels along with increasing demand for maritime transportation, are driving the growth of the hybrid boats market.

• Published: December 2023

Head Mounted Display (HMD) Industry worth $26.4 billion by 2029

The report "Head Mounted Display (HMD) Market by Type, Technology (AR, VR), Application (Consumer, Commercial, Enterprise & Industry, Aerospace & Defense), Product Type (Head-mounted, eyewear), Component, Connectivity and Region - Global Forecast to 2029" The Head-mounted Display (HMD) industry is projected to reach USD 26.4 billion by 2029 from USD 7.5 billion in 2024 at a CAGR of 28.8% during the forecast period.

• Published: December 2023

Cloud-based Data Management Services Industry worth $141.7 billion by 2028

According to a research report "Cloud-based Data Management Services Market by Service Type (Integration, Data Security & Backup, Quality-as-a-Service), Service Model, Deployment Mode, Vertical (BFSI, IT & Telecom, Retail & Consumer Goods) and Region - Global Forecast to 2028" published by MarketsandMarkets, the cloud-based data management services market is expected to grow from USD 40.2 billion in 2023 to USD 141.7 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 28.7% during the forecast period. Simplifying operations, enhancing data security, facilitating remote accessibility, and eliminating the need for significant upfront investments in hardware and infrastructure are major factors driving cloud-based data management services across organizations. Also, cloud-based data management facilitates easy access to data from anywhere with an internet connection. This is especially important in today's global and increasingly remote work environments. It also promotes collaboration among team members who can concurrently access and work on the same datasets.

• Published: December 2023

Transformer Monitoring Market worth $3.7 billion by 2028

According to a research report "Transformer Monitoring Market by Component (Hardware Solutions, Software Solutions), Type (Oil-Immersed, Cast-Resin), Services (Oil Monitoring, Bushing Monitoring, Partial Discharge Monitoring, OLTC Monitoring), Voltage & Region - Global Forecast to 2028" published by MarketsandMarkets, the Transformer Monitoring market is projected to reach USD 3.7 billion by 2028 from an estimated USD 2.4 billion in 2023, at a CAGR of 9.1% during the forecast period.

• Published: December 2023

Antibody Therapeutics Market worth $479.0 billion by 2028

The report "Antibody Therapeutics Market by Format (Monoclonal, Polyclonal, Antibody Fragment, Bispecific), Disease area (Oncology, Autoimmune & Inflammatory, Neurology, Hematology, Infectious), Source (Human, Chimeric), Route (IV, SC) - Global Forecast to 2028 ", is projected to reach USD 479.0 billion by 2028 from USD 247.3 billion in 2023, at a CAGR of 14.1% during the forecast period. The growing advancements in antibody engineering, the growing demand for oncology antibody therapeutics and the increasing clinical pipeline focus on antibody therapeutics are the factors supporting the growth of this market.

• Published: December 2023

Lithium-Sulfur Battery Industry worth $209 million in 2028

The report "Lithium-Sulfur Battery Market by Component (Cathode, Anode, Electrolytes), Type (Liquid, Semi-solid, Solid-state), Capacity (Below 500 mAh, 501 to 1,000 mAh, Above 1,000 mAh), Application (Aerospace, Automotive) and Region - Global Forecast to 2028" The global lithium-sulfur battery Industry size is expected to grow from USD 32 million in 2023 to USD 209 million in 2028, at a CAGR of 45.6% from 2023 to 2028. A lithium-sulfur battery is a rechargeable battery that employs sulfur as the cathode and lithium as the anode.

• Published: December 2023

Microchannel Heat Exchanger Market worth $26.3 billion by 2028

The report "Microchannel Heat Exchanger Market by Material Type (Metal Based, Ceramic Based), Components (Condenser, Evaporator, Water Coil), Fluid-Mechanism (Single Coil, Dual Coil, Multi Coil), Type, End- Use Industry, and Region - Global Forecast to 2028", size is projected to reach USD 26.3 billion by 2028 from USD 16.1 billion in 2023, at a CAGR of 10.4% during the forecast period. The major drivers for the microchannel heat exchanger market are energy efficient regulations and stringent emission standards, high demand for microchannel heat exchangers in growing HVACR industry, and expansion of data centers driving the need for effective thermal management solutions. Expensive manufacturing of microchannel heat exchangers, and concerns related to durability and reliability of microchannel heat exchangers are considered restraining factors in this market. Whereas usage of microchannel heat exchangers in automotive industry and integrating microchannel heat exchangers in renewable energy systems act as opportunities in the market.

• Published: December 2023

Oil and Gas Pumps Market worth $10.9 billion by 2028

According to a research report "Oil and Gas Pumps Market by Type (Submersible, Non-submersible), Pump Type (Centrifugal, Positive Displacement (Screw, Reciprocating, Progressive Cavity), Cryogenic), Application (Upstream, Midstream, Downstream) and Region - Global Forecast to 2028" published by MarketsandMarkets, the global oil and gas pumps market is projected to reach USD 10.9 billion by 2028 from an estimated USD 8.7 billion in 2023, at a CAGR of 4.7% during the forecast period. Pumps have a critical role in the oil & gas industry. They are used in upstream drilling sites, crude oil pipelines, and LNG export terminals to transport fluids from one process or location to another. In the past, pumps were operated with fixed-speed electric motors. However, variable-speed electric motors have replaced them nowadays. Pumps that are driven by variable-speed drive systems reduce the likelihood of equipment failure by minimizing electrical and mechanical stresses, thereby reducing downtime. Oil and gas pumps are used in upstream, midstream, and downstream applications. The market for oil and gas pumps includes revenues generated by global companies from pump sales. The current study focuses on major pump types such as centrifugal pumps, positive displacement pumps, and cryogenic pumps. The increasing global demand for oil is likely to propel the demand for oil and gas pumps. Moreover, discoveries of new oilfield, will boost the demand for oil and gas pumps.

• Published: December 2023

Biorational Pesticides Industry worth $15.1 billion by 2028

According to a research report "Biorational Pesticides Market by Source (Botanical, Microbial, Non-organic), Type (Biorational Insecticides, Biorational Fungicides, Biorational Nematicides, Biorational Herbicides), Mode of Application, Formulation and Region - Global Forecast to 2028" published by MarketsandMarkets, the global biorational pesticides market will grow from USD 7.5 billion in 2023 to USD 15.1 billion by 2028, growing at a CAGR of 15.2% during the forecast period.

• Published: December 2023