Press Releases from MarketsandMarkets (7463 total)
Chemiluminescence Immunoassay Market worth $19.0 billion | F. Hoffmann-La Roche …
Chemiluminescence Immunoassay Market in terms of revenue was estimated to be worth $13.2 billion in 2023 and is poised to reach $19.0 billion by 2028, growing at a CAGR of 7.5% from 2023 to 2028 according to a new report by MarketsandMarkets™. Growth in the chemiluminescence immunoassay market is mainly driven by the growing prevalence of chronic diseases, Advancements in improving chemiluminescence immunoassay technologies in recent years, rising demand for…
Cell Culture Media Market worth $13.0 Billion | Thermo Fisher Scientific, Inc. ( …
Cell Culture Media Market in terms of revenue was estimated to be worth $6.2 Billion in 2023 and is poised to reach $13.0 Billion by 2028, growing at a CAGR of 16.0% from 2023 to 2028 according to a new report by MarketsandMarkets™. The growth of the market is majorly attributable to increased demand for biosimilars and mAbs globally, rising investment & funding for stem cell research, focus of key…
Clinical Chemistry Analyzers Market worth $16.5 billion | F. Hoffmann-La Roche L …
Clinical Chemistry Analyzers Market in terms of revenue was estimated to be worth $13.0 billion in 2023 and is poised to reach $16.5 billion by 2028, growing at a CAGR of 4.9% from 2023 to 2028 according to a new report by MarketsandMarkets™. The clinical chemistry analyzers market is witnessing growth due to several factors, including the rise in the elderly population and the higher occurrence of chronic and lifestyle…
Amniotic Products Market worth $1,289 million | mimedx (US), Smith+Nephew (UK), …
Amniotic Products Market in terms of revenue was estimated to be worth $900 million in 2023 and is poised to reach $1,289 million by 2028, growing at a CAGR of 7.4% from 2023 to 2028 according to a new report by MarketsandMarkets™. The growth of this market is majorly driven by rising awareness programs for wound care treatment and management and venture capital investments and government funding. However, competition from…
Distribution Automation Market Anticipated to Reach $28.1 billion by 2027
According to a research report "Distribution Automation Market by Component (Field Devices, Software, Services), Communication Technology (Wired Communication Technology, Wireless Communication Technology), Utility (Public, Private) and Region - Global Forecast to 2027" published by MarketsandMarkets, the global distribution automation market is estimated to be valued at USD 15.8 billion in 2022 (estimated year) and is projected to reach USD 28.1 billion by 2027 (forecast year); growing at a CAGR of…
Energy Efficient Motor Market to Reach $59.3 Billion by 2028 | ABB, Siemens, Nid …
The global Energy Efficient Motor Market is projected to reach USD 59.3 billion in 2028 from USD 41.7 billion in 2023 at a CAGR of 7.3%. An energy efficient motor is a type of electric motor that is designed to consume less electrical energy while providing the same level of output as a standard motor. Energy-efficient motors help achieve significant energy savings, reduce greenhouse gas emissions, and lower operating costs…
European Paints and Coatings Market worth $41.6 billion by 2028 | Key players Ak …
According to recent market research the "European Paints and Coatings Market by Resin Type (Acrylic, Alkyd, Epoxy, Polyester, PU, Fluoropolymer, Vinyl), Technology (Waterborne, Solvent borne, Powder), End-use (Architectural and Industrial), and Country - Global Forecast to 2028", is projected to grow from USD 37.2 billion in 2023 to USD 41.6 billion by 2028, at a CAGR of 2.3%. Increasing demand for premium paints to boost the European Paints and Coatings…
Ceramic Substrates Market worth $8.7 billion by 2025 | Key players Kyocera Corpo …
According to recent market research the "Ceramic Substrates Market by Product Type (Alumina, Aluminum Nitride, Silicon Nitride, Beryllium oxide), End-use Industry (Consumer Electronics, Automotive, Telecom, Industrial, Military & Avionics), and Region - Global Forecast to 2025", is projected to reach USD 8.7 billion by 2025, at a CAGR of 6.0% from USD 6.5 billion in 2020. Ceramic substrates are packaging layers used to support various electronic components such as microelectronic…
Global Armored Vehicles Market Share To worth USD 34.1 billion by 2027 | CAGR of …
The armored vehicles market share is projected to grow from USD 29.3 billion in 2022 to USD 34.1 billion by 2027, at a CAGR of 3.1% from 2022 to 2027. The market is driven by factors such as increasing demand for armored vehicles to tackle cross-border conflicts, improvising ISR and target acquisition capabilities of defense forces, etc.
Major companies profiled in the report are Oshkosh Corp. (US), L3harris Technologies (US), Northrop…
Global Flow Computer Market Share To worth USD 1,067 million in 2028 | CAGR of 6 …
The flow computer market share in oil & gas is projected to grow from USD 798 million in 2023 to USD 1,067 million in 2028; it is expected to grow at a CAGR of 6.0% from 2023 to 2028. The growth of the market is attributed to the technological advancements in oil & gas industry and suitability in many functions of the oil & gas industry.
Key players operating in the…
Industrial Packaging Market worth $72.6 billion by 2025 | Key players Greif Inc. …
According to recent market research the "Industrial Packaging Market by Product type, Material (Paperboard, Plastic, Wood, Metal), Application (Food & Beverage, Building & Construction, Pharmaceutical, Chemical, Automotive, Oil & Lubricant) and Region - Global Forecast to 2025", The global industrial packaging market size is projected to grow from USD 58.8 billion in 2020 to USD 72.6 billion by 2025, at a CAGR of 4.3% from 2020 to 2025. The market…
Flat Steel Market worth $580.2 billion by 2024 | Key players ArcelorMittal, Tata …
According to recent market research the "Flat Steel Market by Process (Basic Oxygen Furnace, Electric Arc Furnace), Type (Sheets & Strips, Plates), End-Use Sector (Building & Infrastructure, Mechanical Equipment, Automotive & Other Transport), Region - Global Forecast to 2024" The flat steel market is projected to grow from USD 434.8 billion in 2019 and reach USD 580.2 billion by 2024, at a CAGR of 5.9% from 2019 to 2024. The…
Global Semiconductor Bonding Market Share To worth USD 1,059 million by 2026 | C …
The global semiconductor bonding market share is projected to grow from USD 887 million in 2021 to USD 1,059 million by 2026; it is expected to grow at a CAGR of 3.6% from 2021 to 2026.
The semiconductor bonding companies report is dominated by a few globally established players such as Intel Corporation (US), Google. Inc (US), NVIDIA Corporation (US), Xilinx Inc. (US), IBM Corporation (US), Advanced Micro Devices, Inc (US),…
Global Microphone Market Share To worth USD 3,526 million by 2028 | CAGR of 7.5%
The global microphone market share is expected to be valued at USD 2,454 million in 2023 and is projected to reach USD 3,526 million by 2028; it is expected to grow at a CAGR of 7.5% from 2023 to 2028. The proliferation of IoT devices has contributed to the growth of the microphone market share. IoT applications such as voice-controlled home automation systems, smart appliances, and voice assistants require microphones…
Well Intervention Market to Reach $9.3 billion by 2026, Witnessing a CAGR of 4.2 …
According to a new market research report, the well intervention market is expected to grow from an estimated USD 7.6 billion in 2021 to USD 9.3 billion by 2026, at a CAGR of 4.2% during the forecast period.
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/well-intervention-market-1099.html
The growing need for maximizing production potential of mature oil and gas fields is the main driver for the well intervention market. Digitalization and automation…
MDI, TDI, and Polyurethane Market worth $105.3 billion by 2026 | Key players BAS …
According to recent market research the "MDI, TDI, and Polyurethane Market by Application (Flexible Foams, Rigid Foams, Paints & Coatings, Elastomers, Adhesives & Sealants), End-Use (Construction, Furniture & Interiors, Electronics & Appliances, Automotive, Footwear) - Global Forecast to 2026", is projected to reach USD 105.3 billion by 2026, at a CAGR of 6.2% from USD 77.9 billion in 2021. MDI (methylene diphenyl diisocyanate) and TDI (toluene diisocyanate) are diisocyanates, which…
Expanded Polypropylene (EPP) Foam Market worth $1,619 million by 2025 | Key play …
According to recent market research the "Expanded Polypropylene (EPP) Foam Market by Type (Low Density, High Density & Porous PP), Application (Automotive, Packaging, Consumer Products), and Region (North America, Europe, Asia-Pacific) - Global Forecast to 2025" The EPP foam market size is projected to grow from USD 1,253 Million in 2020 to USD 1,619 Million by 2025, at a CAGR of 5.3% during the forecast period. Recyclable & reusable properties,…
Power Grid Market to Reach $367.4 Billion by 2028 | General Electric, Siemens, S …
The global power grid market is expected to grow from an estimated USD 282.1 billion in 2023 to USD 367.4 billion by 2028, at a CAGR of 5.4% during the forecast period. The power grid delivers on-demand electricity from power plants to homes and businesses nationwide. It ensures the optimum use of energy resources, provides greater power supply capacity, and makes power system operations more economical and reliable. Its vast…
Global Compound Semiconductor Market Share To worth USD 55.8 billion by 2027 | C …
The global compound semiconductor market size is estimated to be USD 40.5 billion in 2022 and is projected to reach 55.8 billion by 2027, at a CAGR of 6.6% during the forecast period. Increasing use of compound semiconductors in LED applications and the rising demand for high-speed and advanced devices in datacom applications play a key role in driving the growth of compound semiconductor market in near future.
Nichia Corporation (Japan),…
Global Silicon on Insulator Market Share To worth USD 2.9 billion by 2027 | CAGR …
The global SOI market size is estimated to be USD 1.4 billion in 2022 and is projected to reach 2.9 billion by 2027, at a CAGR of 15.0% during the forecast period. The growing adoption of SOI wafer-based devices in automotive applications and rising demand for 5G in mobile communications play a key role in driving the growth of SOI market in near future.
Soitec (France), Shin-Etsu Chemical (Japan), GlobalWafers (Taiwan),…
Grid-forming Inverter Market worth $1,042 Million by 2028
The global Grid-forming Inverter Market is projected to grow from USD 680 million in 2023 to USD 1,042 million by 2028, at a CAGR of 8.9% according to a new report by MarketsandMarkets™. Grid-forming inverters play a crucial role in efficiently integrating variable renewable energy sources, such as solar and wind, into the electricity grid. Grid-forming inverters actively regulate the grid's frequency and voltage to ensure that it remains within…
Plastic Films & Sheets Market worth $155.1 billion by 2026 | Key players Amcor P …
According to recent market research the "Plastic Films & Sheets Market by Material Type (LLDPE, LDPE, HDPE, BOPP, CPP, PVC, PES, PA), Applications (Packaging & Non-Packaging) and Region (North America, Europe, South America, Asia Pacific and Middle East & Africa) - Global Forecast to 2026", size is projected to reach USD 155.1 billion by 2026 from USD 123.8 billion in 2021, at a CAGR of 4.6% during the forecast period.…
Electronic Grade Sulfuric Acid Market worth $415 million by 2024 | Key players B …
According to recent market research the "Electronic Grade Sulfuric Acid Market by Grade (PPT, PPB), Application (Semiconductors, PCB Panels, Pharmaceutical) and Region (North America, Europe, APAC, Middle East & Africa, South America) - Global Forecast to 2024", is projected to grow from USD 300 million in 2019 to USD 415 million by 2024, at a CAGR of 6.7% during the forecast period. The increasing electronic device manufacturing and demand in…
Welding Materials Market worth $17.3 billion by 2025 | Key players Colfax Corpor …
According to recent market research the "Welding Materials Market by Type (Electrodes & Filler Materials, Fluxes & Wires, Gases), Technology (Arc, Resistance, Oxy-Fuel Welding), End-use Industry (Transportation, Building & Construction, Heavy Industries), & Region - Global Forecast to 2025" The welding materials market is projected to grow from USD 13.6 billion in 2020 to USD 17.3 billion by 2025, at a CAGR of 4.8% during the forecast period. The increasing…
Cast Acrylic Sheet Market worth $4.1 billion by 2024 | Key players Mitsubishi Ch …
According to recent market research the "Cast Acrylic Sheet Market by Type (Cell, and Continuous), Application (Sanitary Ware, Signage & Display, Architecture & Interior Design, Transportation, Medical, Food &Catering), and Region (APAC, Europe, NA, ME&A, and SA) - Global Forecast to 2024", is expected to grow at from USD 3.0 billion in 2019 to USD 4.1 billion by 2024 at a compound annual growth rate (CAGR) of 6.4% during the…
Thermoplastic Pipe Market is Projected to Reach $3.3 billion by 2026: Top Player …
According to a new market research report, the thermoplastic pipe market is expected to grow from an estimated USD 2.7 billion in 2021 to USD 3.3 billion by 2026, at a CAGR of 4.5% during the forecast period. The increasing application of thermoplastic composite pipes and reinforced thermoplastic pipes in offshore and onshore production activities is the main driver for the thermoplastic pipe market. The growing deep and ultra-deepwater oil…
Electrolyzers Market to Reach $23.6 Billion by 2028 | Siemens Energy, Nel ASA, C …
The global Electrolyzers Market is expected to grow from an estimated USD 1.2 billion in 2023 to USD 23.6 billion by 2028, at a CAGR of 80.3% according to a new report by MarketsandMarkets™. An electrolyzer system utilizes electricity to break water molecules into hydrogen and oxygen. Through this process, the electrolyzer system produces hydrogen, and the leftover oxygen is released into the atmosphere or can be captured or…
Access Control as a Service Market Size To Worth USD $ 2.2 billion by 2027 | CAG …
The global access control as a service market is estimated at USD 0.9 Billion in 2021 and is projected to reach USD 2.2 Billion by 2027, registering a CAGR of 16.4% during the forecast period. Rising adoption of IoT-based security systems with cloud computing platforms, Growing number of smart infrastructure drives adoption & deployment of Access Control Services, and increase in adoption of ACaaS from businesses at multiple locations use…
Farm Management Software Market Size To Worth USD $5.1 billion by 2028 | CAGR of …
The global farm management software market 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. The market growth for farm management software is driven with rising usage of on-cloud systems for farm management, increased usage of sky drones and remote sensing for real-time farm data management, increased food demand with continuously increasing population across the globe.…
Condensing Unit Market worth $57.1 billion by 2027 | Key players Emerson Electri …
According to recent market research the "Condensing Unit Market by Type (Air-cooled, Water-cooled), Application (Industrial, Commercial, Transportation), Function (Air Conditioning, Refrigeration, Heat Pumps), Refrigerant Type, Compressor Type and Region - Global Forecast to 2027" The condensing unit market is projected to grow from USD 39.0 billion in 2022 to USD 57.1 billion by 2027, at a CAGR of 7.9% from 2022 to 2027. Growing cold chain infrastructure in emerging countries…
Lithium Compounds Market worth $13.5 billion by 2025 | Key players Livent Corpor …
According to recent market research the "Lithium Compounds Market by Derivative (Lithium Carbonate, Lithium Hydroxide, Lithium Concentrate, Lithium Metal, Butyl Lithium, Lithium Chloride), End Use (Li-Ion Batteries. Glass & Ceramics, Medical, Lubricants), and Region - Global Forecast to 2025" The lithium Compounds market is projected to grow from USD 5.3 billion in 2020 to USD 13.5 billion by 2025, at a CAGR of 20.6% from 2020 to 2025. The market…
Multiplex Assays Market worth $5.3 billion | Illumina, Inc. (US), Thermo Fisher …
Multiplex Assays Market in terms of revenue was estimated to be worth $3.5 billion in 2022 and is poised to reach $5.3 billion by 2027, growing at a CAGR of 8.8% from 2022 to 2027 according to a new report by MarketsandMarkets™. Growth in this market is mainly driven by factors such as the emerging applications of multiplex assay in companion diagnostics and the growing need for automated and efficient…
Global Smart Glass Market Share To worth USD 8.2 billion by 2027 | CAGR of 10.4%
The global smart glass market share is projected to grow from USD 5.0 billion in 2022 to USD 8.2 billion by 2027; it is expected to grow at a CAGR of 10.4% from 2022 to 2027. The key factors fueling the growth of this market include increasing importance of smart glass in the healthcare industry, rising use of smart glass in automobile applications and government support for energy-efficient construction.
Major players…
Global Video Encoders Market Share To worth USD 3.3 billion by 2027 | CAGR of 7. …
The global video encoder market share is estimated to reach USD 3.3 billion by 2027 from USD 2.3 billion in 2022 with a CAGR of 7.6% from 2022 to 2027. The major factors driving the growth of the video encoder market share include ease of connecting analog cameras to networks, the use of cloud services to store a large amount of data, and the adoption of high-efficiency video coding (HEVC)…
Industrial Air Compressor Market Size to Reach $42.9 billion by 2026, at a 5.6% …
According to a new market research report, the industrial air compressor market is expected to grow from an estimated USD 32.7 billion in 2021 to USD 42.9 billion by 2026, at a CAGR of 5.6% during the forecast period.
https://www.marketsandmarkets.com/Market-Reports/industrial-air-compressor-market-78986532.html
The rapid industrialization and increasing automation in emerging economies and inflow of investments and rising demand for oil-free compressors in food & beverages industry are the main driver for the industrial…
Textile Finishing Chemicals Market worth $8.2 billion by 2024 | Key players Hunt …
According to recent market research the "Textile Finishing Chemicals Market by Type (Softening Finishes, Repellent Finishes, Wrinkle Free Finishes, Coating Finishes, Mothproofing Finishes), Process (Pad-Dry Cure Process, Exhaust Dyeing Process), Application, Region - Global Forecast to 2024" The global textile finishing chemicals market is expected to grow from USD 6.2 billion in 2019 to USD 8.2 billion by 2024, at a CAGR of 5.5% during the forecast period. The major…
Hot Melt Adhesives (HMA) Market worth $11.4 billion by 2027 | Key players Henkel …
According to recent market research the "Hot Melt Adhesives (HMA) Market by Type (EVA, SBC, MPO, APAO, PA, PO, PU), Application (Packaging Solutions, Nonwoven Hygiene Products, Furniture & Woodwork, Bookbinding) and Region (APAC, Europe, North America, RoW) - Global Forecast to 2027" published by MarketsandMarkets, the HMA market is projected to grow from USD 9.1 billion in 2022 to USD 11.4 billion by 2027, at a CAGR of 4.8% between…
Life Science Instrumentation Market worth $73.9 billion | Thermo Fisher Scientif …
Life Science Instrumentation Market in terms of revenue was estimated to be worth $54.9 billion in 2023 and is poised to reach $73.9 billion by 2028, growing at a CAGR of 6.1% from 2023 to 2028 according to a new report by MarketsandMarkets™. The major factors driving the growth of this market include growing food safety concerns, rising investments in pharmaceutical R&D, increasing public-private investments, and lucrative opportunities in emerging…
Text-to-Speech Market to Witness the Highest Growth in APAC Region
The text-to-speech market was valued at USD 2.0 billion in 2020 and is estimated to reach USD 5.0 billion by 2026, registering a CAGR of 14.6% during the forecast period.
The major factors driving the growth of the text-to-speech market are rising demand for handheld devices, increased government spending on education for differently-abled, the dependence of the growing elderly population on technology, and the rising number of people with different learning…
Household Robots Market Set to Grow at the Fastest Rate- Time to Grow your Reven …
The global household robots market is projected to grow from USD 9.2 billion in 2022 to USD 19.3 billion by 2027, at a CAGR of 16.0% during the forecast period from 2022 to 2027. The growth of this market is driven by factors such as the growing demand for autonomous robots, rising use of IoT in robots for cost-effective predictive maintenance, increasing government initiatives for the development of robotic technologies,…
With 23.2% CAGR, Next-Generation Memory Market Growth to Surpass USD 17.7 billio …
The next-generation memory market is projected to grow from USD 6.2 billion in 2023 and is projected to reach USD 17.7 billion by 2028; it is expected to grow at a CAGR of 23.2% from 2023 to 2028.
The growth of the next-generation memory market is driven by increasing demand for memory devices that provide fast access and consume minimal power, and suring adoption of next-generation memories in smartphones and…
Offshore Wind Market to Reach $56.8 Billion by 2026 | Siemens Gamesa, General El …
The global offshore wind market is expected to grow from an estimated USD 31.8 billion in 2021 to USD 56.8 billion by 2026, at a CAGR of 12.3% during the forecast period. Offshore wind is a crucial pillar in energy mix together with onshore wind for regions such as Europe, Asia Pacific, and North America to achieve their goals pertaining to climate neutrality. Offshore wind turbines are increasingly being installed…
Data Center Cooling Market worth $15.7 billion by 2025 | Key players Asetek, STU …
According to recent market research the "Data Center Cooling Market by Solution (Air Conditioning, Chilling Unit, Cooling Tower, Economizer System, Liquid Cooling System, Control System & Others), Service, Type of Cooling, Data Center Type, Industry & Region - Global Forecast to 2025", is projected to grow from USD 9.4 billion in 2020 to USD 15.7 billion by 2025, at a CAGR of 10.7% from 2020 to 2025. The market is…
Industrial Insulation Market worth $5.0 billion by 2027 | Key players Owens Corn …
According to recent market research the "Industrial Insulation Market by Form (Pipe, Blanket, Board), Material (Mineral wool, Calcium silicate, Plastic foams), End-use (Power, Oil & Petrochemical, Gas, Chemical, Cement, Food & Beverage), and Region - Global Forecast to 2027", Industrial insulation market size is projected to reach USD 5.0 billion by 2027 from USD 3.9 billion in 2022 growing at a CAGR of 5.4%. Industrial insulation can be defined as…
Hydraulic Cylinder Market Projected to reach $18.3 billion by 2027
The global hydraulic cylinder market was valued at USD 14.3 billion in 2021 and is projected to reach USD 18.3 billion by 2027; it is expected to register a CAGR of 4.4% from 2022 to 2027. The markets growth can be attributed majorly to the increasing demand for heavy construction and mining vehicles from construction, mining, and oil & gas industries. Increasing adoption of material handling equipment across industries worldwide…
Embedded Antenna Systems Market Set to Grow at the Fastest Rate- Time to Grow yo …
The embedded antenna systems market was valued at USD 3.2 billion in 2020 and is expected to reach USD 8.4 billion by 2027; it is anticipated to register a CAGR of 14.9% during the forecast period from 2021 to 2027. The key factors driving the growth of the embedded antenna systems market include increasing adoption of embedded antenna in Internet of Things devices, increasing demand for low-power wide area (LPWA)…
With 19.5% CAGR, Next-Generation Solar Cell Market Growth to Surpass USD 7.4 bil …
The next-generation solar cell market was valued at USD 3.0 billion in 2023 and is projected to reach USD 7.4 billion by 2028, growing at a CAGR of 19.5% from 2023 to 2028. The surging demand for renewable energy is one of the major opportunities in the market.
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The utility segment held the largest market share in 2022, and a similar trend is expected to…
Compressor Rental Market worth $6.2 billion by 2028 | Key players Atlas Copco, U …
According to recent market research the "Compressor Rental Market by Compressor Type (Reciprocating, Rotary Screw), End-Use Industry (Construction, Mining, Oil & Gas, Power), and Region (Asia Pacific, Europe, North America, Middle East & Africa, South America) - Global Forecast to 2028", was valued at USD 4.4 billion in 2022 and is projected to reach USD 6.2 billion by 2028, at a CAGR of 5.8% between 2023 and 2028. Compressors…
Electric Vehicle Adhesives Market worth $7.6 billion by 2027 | Key players H.B. …
According to recent market research the "Electric Vehicle Adhesives Market by Application (Powertrain System, Optical Element, Sensors & Communication, Body Frame), Resin Type (Epoxy, Polyurethane, Silicone, Acrylic), Substrate, Form, Vehicle Type, and Region - Global Forecast 2027", size is estimated to be USD 1.4 billion in 2022 and is projected to reach USD 7.6 billion by 2027, at a CAGR of 39.4% between 2022 and 2027. Rising trade tensions between…
Human Microbiome Market worth $1.7 billion by 2029 | Seres Therapeutics, Inc. (U …
Human Microbiome Market in terms of revenue was estimated to be worth $0.3 billion in 2023 and is poised to reach $1.7 billion by 2029, growing at a CAGR of 36.1% from 2023 to 2029 according to a new report by MarketsandMarkets™. Some of the prominent factors driving the growth of this market are advancements in technology, and the increasing awareness of personalized medicine are boosting the growth of the…
