Press Releases from MarketsandMarkets (7362 total)
With 4.6% CAGR, Test and Measurement Equipment Market Growth to Surpass USD 42.9 …
The test and measurement equipment market size is estimated to be worth USD 34.3 billion in 2023 and is projected to reach USD 42.9 billion by 2028, at a CAGR of 4.6% during the forecast period.
Various test and measurement tools are employed to assess and evaluate the performance of newly created items at different stages of the production process, including design, manufacturing, and research and development. These tools support decision-making…
Farm Management Software Market Growth, Share, Analysis, Latest Trends and Forec …
According to MarketsandMarkets, global farm management software market size is estimated to grow from USD 3.0 billion in 2023 to USD 5.1 billion by 2028 at a CAGR of 11.1% during 2023-2028. Farm management software market growth is also being driven by government programs and support aimed at promoting the use of modern agricultural techniques and emphasizing the performance and health monitoring of livestock to improve farm efficiency. The agriculture…
Alpha Olefins Market worth $9.3 billion in 2028 | Key players Royal Dutch Shell …
According to recent market research the "Alpha Olefins Market by Type, Application (Poly-olefine Comonomer, Surfactants and Intermediates, Lubricants, Fine Chemicals, Oil Field Chemicals), and Region (North America, Europe, APAC, MEA, South America) - Global Forecast to 2028", is expected to grow at a CAGR of 5.6% during the forecast period, from an estimated USD 7.1 billion in 2023 to USD 9.3 billion in 2028. The flexibility of Alpha olefins to…
SiC Fibers Market worth $1,262 million by 2025 | Key players NGS Advanced Fibers …
According to recent market research the "SiC Fibers Market by Type (First, Second, and Third Generation), Form (Continuous, Woven, Others), Phase (Amorphous, Crystalline, Usage (Composites, Non-Composites), End-Use Industry, and Region - Global Forecast to 2025" The global SiC fibers market is expected to grow from USD 382 million in 2020 to USD 1,262 million by 2025, at a CAGR of 27.0% during the forecast period. Increasing demand from aircraft and…
Unlocking Potential: Market Size and Share Projections for Unmanned Surface Vehi …
The Unmanned Surface Vehicles (USV) Market is poised for significant growth, with a projected market size of USD 1.2 billion by 2028, showcasing a robust CAGR of 10.3% from 2023. In this comprehensive exploration, we delve into market statistics, market size, market trends, and industry dynamics that underpin the trajectory of this evolving sector.
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Unmanned Surface Vehicles (USV) Market Statistics:
The USV market statistics unveil a thriving landscape, with…
With 15.0% CAGR, Automotive Sensors Market Growth to Surpass USD 62.2 billion
According to MarketsandMarkets, the automotive sensor market size is valued at USD 30.8 billion in 2023 and is anticipated to be USD 62.2 billion by 2028, growing at a CAGR of 15.0% from 2023 to 2028. Factors such as minimizing driver stress through adoption of advanced driver-assistance systems, and government incentives and grants to support R&D in automotive sensor industry will likely drive market growth. Autonomous driving is one of…
Global Testing, Inspection and Certification (TIC) Market Share, Size, Growth, I …
The Testing, Inspection, and Certification market are the unsung heroes of quality assurance, ensuring that products meet regulatory requirements and adhere to industry standards. According to a comprehensive report by MarketsandMarkets, the global testing, inspection and certification (TIC) market size is projected to grow from USD 223.9 billion in 2023 to USD 265.0 billion by 2028, registering a CAGR of 3.4% during the forecast period. This growth is indicative of…
Compression Therapy Market Size and Companies | DJO Global, Inc. (US), BSN medic …
Compression Therapy Market size is expected to reach USD 4.9 billion by 2027 from an estimated USD 3.7 billion in 2022, at a CAGR of 5.5% from 2022 to 2027 according to a new report by MarketsandMarkets™. Factors such as growing number patients suffering with deep vein thrombosis, varicose veins, and lymphedema, an increasing number of orthopedic surgeries, rising incidence sports injuries and accidents and the availability of clinical evidence…
eClinical Solutions Market: Revenue Forecast and Key Insights | Oracle Corporati …
eClinical Solutions Market is projected to reach USD 17.9 billion in 2027 from USD 9.6 billion in 2022 at a CAGR of 13.3% according to a new report by MarketsandMarkets™. The eClinical solutions market is primarily driven by the increasing R&D expenditure on drug development by pharma-biotech companies, rising operational costs and regulatory requirements associated with clinical research studies, favorable government support and funding for clinical trials, rising need for…
Automotive Headliner Market worth $20.4 billion by 2025 | Key players Grupo Anto …
According to recent market research the "Automotive Headliner Market by Vehicle Type (Passenger and Commercial), Material Type (Fabric, Polyester and Plastic), and Region (APAC, North America, Europe, South America and Middle East & Africa) - Global Forecast to 2025" The global automotive headliner market size is projected to grow from USD 16.6 billion in 2020 to USD 20.4 billion by 2025, at a CAGR of 4.2%, during the forecast period.…
Inorganic Pigments Market worth $28.3 billion by 2024 | Key players Venator (UK) …
According to recent market research the "Inorganic Pigments Market by Pigment Type (Titanium Dioxide, Iron Oxide, Carbon Black), Application (Paints & Coatings, Plastics, Inks), End-Use Industry (Building & Construction, Automotive, Packaging, Textiles), Region - Global Forecast to 2024", is expected to grow from USD 22.0 billion in 2019 to USD 28.3 billion by 2024, at a CAGR of 5.1%. The major factors driving the inorganic pigments market include growth of…
Laminated Busbar Market worth $1,296 Million by 2030
The global Laminated Busbar Market is expected to reach USD 1,296 million by 2030 from USD 863 million in 2023 at a CAGR of 6.0% during the 2023-2030 period according to a new report by MarketsandMarkets™. The Laminated Busbar Market is set for significant expansion in the coming years, driven primarily by the advancement of power distribution infrastructure in response to the escalating demand for electricity. Additionally, the surge…
Market Insights and Projections: Analyzing Market Size and Forecast for the Spac …
The Global Space Propulsion Market size is witnessing significant growth, with an estimated value of USD 10.6 billion in 2023. Projections indicate a robust CAGR of 11.3% during the forecast period, reaching USD 18.1 billion by 2028. The market is primarily driven by an increasing demand for advanced electric propulsion systems, substantial investments from venture capital companies in space exploration missions, and the growing utilization of small satellites in diverse…
Collagen and Gelatin Market Size, Share, Trends and Forecast | Integra LifeScien …
Collagen and Gelatin Market in terms of revenue was estimated to be worth $1.2 billion in 2023 and is poised to reach $1.6 billion by 2028, growing at a CAGR of 6.5% from 2023 to 2028 according to a new report by MarketsandMarkets™. Major factors driving the market growth at significant CAGR are increasing the prevalence of chronic diseases, increased number of orthopedic surgeries, and the launch of novel products…
Synthetic Biology Market Forecasted to Reach $35.7 Billion by 2027: In-Depth Ana …
The synthetic biology market is projected to reach USD 35.7 billion by 2027 from USD 11.4 billion in 2022, at a CAGR of 25.6% during the forecast period. The growth of this market is mainly driven by rise in demand for synthetic genes and synthetic cells, declining cost of DNA sequencing and synthesizing.
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Synthetic biology is an…
Telecom Power System Market Size, Share, and Growth Forecast 2028
The Telecom Power System Market is at the forefront of sustaining the global telecommunication infrastructure, providing the essential power solutions that keep communication networks running seamlessly. In this article, we delve into the Size, Share, Statistics, and Industry Growth Analysis of the Telecom Power System Market, exploring its pivotal role in facilitating constant connectivity across the world.
The global telecom power system market share is projected to grow from USD 4.2…
Global RTLS Market Growth, Size, Share in the Healthcare Beyond 2028
In the ever-evolving landscape of healthcare, precision and efficiency are non-negotiable. The Real-Time Location Systems (RTLS) Market for Healthcare has emerged as a transformative force, reshaping patient care, resource management, and overall operational efficiency. This article delves into the dynamics of the RTLS Market, exploring its role as a global growth driver and providing insights into the industry forecast up to 2028.
The global RTLS market for healthcare share is predicted…
Exploring the Machine Safety Market's Global Industry Growth
In the dynamic landscape of industrial evolution, the paramount importance of workplace safety has fueled the relentless growth of the Machine Safety Market. With an in-depth analysis of its Size, Share, Statistics, and Industry Growth, this comprehensive report delves into the intricate components, diverse offerings, industry applications, and global reach that collectively drive its trajectory as a global growth driver.
The global machine safety market size in terms of revenue was…
Smart Manufacturing Market Set for Exponential Growth, Predicted to Reach USD 24 …
The global Smart Manufacturing Market in terms of revenue was estimated to be worth $108.9 billion in 2023 and is poised to reach $241.0 billion by 2028, growing at a CAGR of 17.2% during the forecast period.
The global Smart Manufacturing Market is poised for unprecedented growth, with an anticipated surge from USD 108.9 billion in 2023 to USD 241.0 billion by 2028, reflecting an impressive Compound Annual Growth Rate (CAGR)…
Vacuum Contactor Market Size to Reach $5.5 billion by 2028 | ABB, Siemens, Eaton …
During the forecast period, the vacuum contactor market is projected to experience significant growth, with an estimated increase from USD 4.1 billion in 2023 to USD 5.5 billion by 2028, at a CAGR of 6.1% during the forecast period. The rising trend in industrial automation and the critical need for reliable motor control systems have significantly contributed to the increased demand for vacuum contactors. These contactors are widely used in…
Sterile Medical Packaging Market worth $94.6 billion by 2028 | Key players Amcor …
According to recent market research the "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. The demand for sterile medical packaging is propelled…
Persulfates Market worth $861 million by 2025 | Key players PeroxyChem (US), Uni …
According to recent market research the "Persulfates Market by Type (Ammonium, Sodium, & Potassium), End-Use Industry (Polymer, Electronics and Cosmetic & Personal Care), Application (Polymer Initiator, Oxidation, bleaching and Sizing Agent) and Region - Global Forecast to 2025" The global persulfates market size is estimated to grow from USD 730 million in 2020 to USD 861 million by 2025, at a CAGR of 3.4% from 2020 to 2025. The growth…
Functional Cosmetics Market worth $4.6 billion by 2028 | Key players BASF SE (Ge …
According to recent market research the "Functional Cosmetics Market by Functionality (Conditioning Agents, UV Filters, Anti-Ageing Agents Skin-Lightening Agents), Application (Skin Care, Hair Care), and Region (Europe, Asia Pacific, North America) - Global Forecast to 2028", size was USD 3.3 billion in 2022 and is projected to reach USD 4.6 billion by 2028, at a CAGR of 5.4%, between 2023 and 2028. Functional cosmetics are cosmetic ingredients that help whiten…
Global GaN Semiconductor Device Market Size, Share Growth, & Industry Analysis 2 …
The GaN Semiconductor Device Market has emerged as a beacon of innovation, steering the course of technological evolution across various industries. With a comprehensive analysis of its Size, Share, Statistics, and Industry Growth, this article delves into the nuanced segments, diverse applications, and global outlook that collectively define the market's role as a global growth driver, forecasted to shape the industry landscape through 2028.
The global GaN semiconductor device market size…
Lithium-ion Battery Market Poised for Remarkable Growth, Predicted to Reach USD …
The global Lithium-ion Battery Market in terms of revenue was estimated to be worth $56.8 billion in 2023 and is poised to reach $187.1 billion by 2032, growing at a CAGR of 14.2% during the forecast period.
The global Lithium-ion Battery Market is on the brink of significant growth, with a projected increase from USD 56.8 billion in 2023 to USD 187.1 billion by 2032, reflecting an impressive Compound Annual Growth…
Life Science Analytics Market Outlook | Oracle (US), IBM (US), SAS Institute Inc …
life science analytics market refers to the use of data analytics and related technologies in the field of life sciences. This market encompasses various applications, including pharmaceuticals, biotechnology, clinical research, and healthcare, where data analytics techniques are used to gather, process, and analyze data to make informed decisions and drive advancements in the life sciences sector.
The life science analytics market is projected to reach USD 47.5 billion by 2027 from…
Global Digital Twin Market Growth Drivers, Size, Industry Forecast to 2028
In the dynamic realm of digital innovation, the Global Digital Twin Market has emerged as a frontrunner, orchestrating a revolution in industries across the globe. The market's meteoric rise, reflected in a revenue estimate of USD 10.1 billion in 2023, is poised to ascend to remarkable heights, reaching an estimated USD 110.1 billion by 2028. This phenomenal growth, at a Compound Annual Growth Rate (CAGR) of 61.3% from 2023 to…
2027 Forecast for Endoscopy Equipment Market | Olympus Corporation (Japan), KARL …
The report "Endoscopy Equipment Market by Product (Endoscope (Flexible, Rigid, Capsule, Robot-assisted, Disposable), Visualization Systems (Video Converters, Recorders, Processors), Other endoscopic, Accessories), Application, End User - Global Forecast to 2027", is projected to reach USD 40.6 billion by 2027 from USD 28.9 billion in 2022, at a CAGR of 7.0%. The growth in this market is driven by Surging requirement for endoscopy to diagnose and treat target diseases, Increasing investments,…
Global Vertical Farming Market Report: Industry Size, Share, Statistics, Compani …
Vertical farming is a revolutionary method that involves growing crops in vertically stacked layers, often integrated into controlled environments such as skyscrapers, warehouses, or shipping containers. This technique leverages advanced technologies like hydroponics, aeroponics, and artificial intelligence to optimize growing conditions, allowing for year-round cultivation with minimal environmental impact.
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Vertical Farming Market Size and Growth Trends:
The vertical farming market size has witnessed exponential growth in recent years,…
Global Building Information Modeling Market Report: Industry Size, Share, Statis …
The global building information modeling market size was valued at USD 7.9 billion in 2023 and is projected to reach USD 15.0 billion by 2028; it is expected to register a CAGR of 13.7% during the forecast period. Building Information Modeling is more than just a buzzword; it's a paradigm shift in the way construction projects are conceptualized and executed.
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Building Information Modeling Industry Size and Market…
Scrubber System Market Forecast to Surpass $6.7 billion by 2027 | Alfa Laval, Wa …
According to a new market research report, the global scrubber system market is projected to grow from USD 5.0 billion in 2022 to USD 6.7 billion by 2027, at a CAGR of 6.1%, from 2022 to 2027. Rising concerns regarding emissions and the formulation of various environmental protection laws and mandates to reduce the same on a global level have increased the need to undertake measures on air pollution control,…
Photoinitiator Market worth $2.6 billion by 2026 | Key players Atlas IGM Resins …
According to recent market research the "Photoinitiator Market with COVID-19 Impact Analysis by Type (Free Radical & Cationic), End-use Industry (Adhesives, Ink, Coating), and Region (North America, Europe, APAC, Middle East & Africa, South America) - Global Forecast to 2026", size is expected to grow from USD 1.6 billion in 2021 to USD 2.6 billion by 2026, at a CAGR of 10.3% during the forecast period. Photoinitiators are extensively being…
Fluoroelastomers Market worth $1.8 billion by 2025 | Key players The Chemours Co …
According to recent market research the "Fluoroelastomers Market by Type (FKM, FVMQ, FFKM), Application (O-rings, seals & gaskets, Hoses), End-use (Automotive, Aerospace, Chemicals, Oil & Gas, Pharmaceutical & Food, Energy & Power) and Region - Global Forecast to 2025", The global fluoroelastomers market size is projected to grow from USD 1.6 billion in 2020 to USD 1.8 billion by 2025, at a CAGR of 2.5%% between 2020 and 2025. The…
White Inorganic Pigments Market worth $29.5 billion by 2026 | Key players Venato …
According to recent market research the "White Inorganic Pigments Market by Product Type (Aluminum Silicate, Calcium Silicate, Calcium Carbonate, Silica, Titanium Dioxide, Zinc Oxide), Application and Region (North America, Europe, APAC, MEA, South America) - Global Forecast to 2026", size is estimated at USD 22.7 billion in 2021 and is projected to reach USD 29.5 billion by 2026, at a CAGR of 5.4%, between 2021 and 2026. Growth in the…
CRISPR Market worth $7.1 billion by 2028 | Thermo Fisher Scientific, Inc. (US), …
CRISPR Market in terms of revenue was estimated to be worth $3.4 billion in 2023 and is poised to reach $7.1 billion by 2028, growing at a CAGR of 15.6% from 2023 to 2028 according to a new report by MarketsandMarkets™. Some of the prominent factors driving the growth of this market are technological advancements in the field of CRISPR, substantial support and funding for research and development in the…
Surgical Robots Market Revenue Trends and Growth Drivers | Intuitive Surgical (U …
Surgical Robots Market is projected to reach USD 18.4 billion by 2027 from an estimated USD 8.5 billion in 2022, at a CAGR of 16.6% during the forecast period according to a new report by MarketsandMarkets™. The increasing adoption of surgical robots, and the increase in funding for medical robot research are the factors attributing to the growth of surgical robots.
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The robotic systems segment accounted for the…
Advanced Wound Care Market Revenue Forecast | 3M Company (US), Smith & Nephew (U …
Advanced Wound Care Market is valued at an estimated USD 11.3 billion in 2022 and is projected to reach USD 17.7 billion by 2027, at a CAGR of 9.4% during the forecast period according to a new report by MarketsandMarkets™. Growth in this market is mainly driven by factors such as the rising prevalence of diseases & conditions that impair wound healing capabilities, rising costs associated with chronic wounds, and…
Merck KGaA (Germany) and Thermo Fisher Scientific, Inc. (US) are Leading Players …
The gene editing market is projected to grow from USD 5.3 billion in 2023 to USD 10.6 billion by 2028 at a CAGR of 15.0%. Gene editing or genome engineering is the insertion, deletion, or replacement of DNA at a specific site in the genome of an organism or cell. It is usually achieved in the lab using genome-editing tools, such as CRISPR, TALEN, and ZFN. This emerging and rapidly…
Artificial Lift Market to Reach $9.0 Billion by 2028 | SLB, Baker Hughes, Hallib …
The global Artificial Lift Market is expected to reach USD 9.0 billion by 2028 from USD 7.3 billion in 2023 at a CAGR of 4.4%. Artificial lift comprises techniques in the oil and gas sector to boost hydrocarbon production from wells with insufficient natural pressure. Employed when reservoir pressure is inadequate, methods like rod lift systems, electric submersible pumps, gas lift, and hydraulic pumping enhance flow rates. These mechanisms enable…
Market Dynamics and Share Analysis: Aircraft Health Monitoring Industry Outlook
The Aircraft Health Monitoring Market size is set to experience significant growth, with a projected increase from USD 6.3 Billion in 2023 to USD 8.6 Billion by 2028, representing a robust CAGR of 6.5%. The market's upward trajectory is propelled by the aviation industry's pursuit of increased efficiency and reduced maintenance costs amid the rising number of passengers.
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Aircraft Health Monitoring Market Dynamics:
• Industry Drivers: The adoption of predictive…
Global Motion Control Market Report, Industry Size, Share & Growth 2027
The global motion control market is a key player in the automation and Industry 4.0 era, enabling accurate control and efficiency across multiple industries. This article explores the insights offered by the Global Motion Control Market Report, looking at the size, share, and key drivers influencing the industry's growth.
Motion Control Industry Size:
According to Marketsandmarkets research report the global motion control market size is projected to reach USD 20.0 billion by…
Global Gas Sensors Market Size, Share & Industry Growth, Top Companies Analysis …
The global gas sensors market stands at the forefront of technological innovation, addressing critical concerns in diverse industries related to safety, environmental monitoring, and regulatory compliance.
Gas Sensors Market Size and Share:
The gas sensors market has witnessed a significant expansion, underscoring its pivotal role in ensuring safety and compliance across various sectors. According to MarketsandMarkets latest market research report, The global gas sensor market size is projected to grow from…
Global 3D Printing Market Report: Industry Size, Share, Statistics, Companies, a …
Recent years have seen a tremendous rise in the global 3D printing market, which has revolutionized traditional manufacturing methods and redefined the design and production of items. With a thorough review of the industry's size, share, statistics, major players, and projected growth patterns, this article explores the most recent findings from the Global 3D Printing Market Report.
3D Printing Industry Size and Market Dynamics:
The 3D printing industry has grown significantly due…
Satellite Communication (SATCOM) Equipment Market Share, Size, Growth, Analysis, …
Explore the dynamic landscape of the Satellite Communication (SATCOM) Equipment Market, poised for remarkable growth. With a projected surge from USD 22.6 Billion in 2023 to USD 38.7 Billion by 2028, the industry is experiencing robust development at a CAGR of 11.3%. This journey delves into market statistics, size, trends, and the factors shaping the SATCOM Equipment Industry.
Market Dynamics: SATCOM Industry Size and Growth:
The SATCOM Equipment Market is witnessing substantial…
Ceramic & Porcelain Tableware Market worth $8.1 billion by 2028 | Key players Vi …
According to recent market research the "Ceramic & Porcelain Tableware Market by Material (Bone China, Porcelain, Stoneware), Technology (Slip casting, Pressure casting, Isostatic casting), Product, Application, Distribution Channel and Region - Global Forecast to 2028", is projected to grow from USD 6.7 billion in 2023 to USD 8.1 billion by 2028, at a CAGR of 4.1% from 2023 to 2028. The ceramic and porcelain tableware market continues to flourish due…
Specialty Advanced Ceramics Market worth $10.2 billion by 2028 | Key players Mor …
According to recent market research the "Specialty Advanced Ceramics Market by Type (Composite Structure Ceramics, Electrical & Electronic Functional Ceramics), Application (Defence & Security, Electronics & Semiconductor, Optics & Industrial Manufacturing), & Region - Global Forecast 2028", size is projected to grow from USD 7.7 billion in 2023 to USD 10.2 billion by 2028, registering a CAGR of 6.0% during the forecast period. The specialty advanced ceramics market owes its…
Collaborative Robot Market - Insights into Market Size, Share, and Future Projec …
The Collaborative Robot Market continues its upward trajectory, propelled by substantial growth, industry impact, and transformative potential across sectors. A comprehensive analysis sheds light on pivotal aspects including size, share, growth trends, and future projections in the global Collaborative Robot Market.
The global collaborative robot market size was valued at USD 1.2 billion in 2023 and is estimated to reach USD 6.8 billion by 2029, registering a CAGR of 34.3% during…
Brushless DC Motor Market worth $17.6 Billion by 2028
The global Brushless DC Motor Market is expected to reach USD 17.6 billion by 2028 from USD 12.1 billion in 2023 at a CAGR of 7.9% during the 2023-2028 period according to a new report by MarketsandMarkets™. The increasing adoption of Brushless DC motors is driven by their precise speed control, low maintenance requirements, and high efficiency. Brushless DC motors offer enhanced reliability, reduced electromagnetic interference, and compact designs, making…
Hardware Security Modules Market Size, Share, Growth Drivers, Global Industry An …
The hardware security modules market size is projected to grow from USD 1.2 billion in 2023 to reach USD 2.3 billion by 2028; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 13.5% from 2023 to 2028.
The growth of the hardware security modules market is driven by increasing data breaches and cyberattacks, need to follow stringent data security compliances, and emergence of digital transactions, electronic payments…
With 15.0% CAGR, Automotive Sensors Market Growth to Surpass USD 62.2 billion
According to MarketsandMarkets, the automotive sensor market size is valued at USD 30.8 billion in 2023 and is anticipated to be USD 62.2 billion by 2028, growing at a CAGR of 15.0% from 2023 to 2028. Factors such as minimizing driver stress through adoption of advanced driver-assistance systems, and government incentives and grants to support R&D in automotive sensor industry will likely drive market growth. Autonomous driving is one of…
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