Press Releases from MarketsandMarkets (7327 total)
Energy Harvesting System Market Set to Grow at the Fastest Rate- Time to Grow yo …
The energy harvesting system market is projected to grow from USD 0.6 billion in 2023 and is projected to reach USD 0.9 billion by 2028; it is expected to grow at a CAGR of 10.0% from 2023 to 2028.
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The growth of the energy harvesting system market is driven by miniaturization and flexibility requirements, and growing preference for wireless sensor networks equipped with energy harvesting systems.
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With 4.0% CAGR, Automatic Tube Cleaning System Market Growth to Surpass USD 143 …
The global automatic tube cleaning system market size is expected to grow from USD 117 million in 2023 to USD 143 million by 2028, at a CAGR of 4.0%. Improving the operational efficiency of HVAC systems due to automatic tube cleaning system installation and rising investments in refrigerated warehouses and cold storages are the key factor for the growth of the automatic tube cleaning system market.
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Reactive Hot Melt Adhesives Market worth $2.6 billion by 2028 | Key players Henk …
According to recent market research the "Reactive Hot Melt Adhesives Market by Resin Type (Polyurethane, Polyolefin), Substrate (Plastic, Wood), Application (Automotive & Transportation, Doors & Windows, Furniture & Upholstery, Lamination, Textile), & Region - Global Forecast to 2028", is growing at a high rate due to the increased demand from various applications. The global reactive hot melt adhesives market size was USD 1.6 billion in 2022 and is projected to…
Water Treatment Chemicals Market worth $43.9 billion by 2028 | Key players Kemir …
According to recent market research the "Water Treatment Chemicals Market by Type (Flocculant & Coagulant, Corrosion Inhibitors, Scale Inhibitors, Biocides & Disinfectants, Chelating Agents), Source, End-use (Residential. Commercial & Industrial), and Region - Global Forecast to 2028", size is projected to reach USD 43.9 billion by 2028 from USD 36.7 billion in 2023, at a CAGR of 3.6% during the forecast period. The major drivers for the water treatment chemicals…
Nanocellulose Market worth $2.0 billion by 2030 | Key players Fiberlean Technolo …
The report "Nanocellulose Market by Type (MFC & NFC, CNC/NCC), Raw Material (Wood, Non-wood), Application (Paper & Pulp, Composites, Paints & Coatings, Biomedical & Pharmaceuticals, Electronics & Sensors), and Region - Global Forecast to 2030" is expected to grow from USD 0.4 billion in 2022 to USD 2.0 billion by 2030, at a CAGR of 21.9%. The major factors driving the nanocellulose market include growth of major applications such as…
Waste Management Market is Projected to Reach $1598.1 billion by 2029 | Leading …
According to a research report "Waste Management Market by Waste Type (Hazardous Waste, E-Waste, Municipal Solid Waste, Medical Waste, Construction & Demolition, Non-Hazardous Industrial Waste), Disposal (Open Dumping, Incineration/Combustionl), Source & Region - Global Forecast to 2029" published by MarketsandMarkets, the global Waste Management Market is projected to reach USD 1598.1 billion by 2029 from an estimated USD 1219.6 billion in 2024, at a CAGR of 5.6% during the forecast…
Unmanned Traffic Management (UTM) Market Projected to reach $1,098 million by 20 …
The unmanned traffic management market is anticipated to reach USD 1,098 million by 2030, growing at a CAGR of 33.9% from USD 106 million in 2022.
The goal of unmanned traffic management (UTM) is to enable unmanned aerial vehicles (UAVs) safe and efficient low-altitude airspace operations by providing services, such as airspace design & dynamic configuration, dynamic geo-fencing, severe weather & wind avoidance, congestion management, terrain avoidance, route planning & re-routing,…
Temperature Sensor Market Set to Grow at the Fastest Rate- Time to Grow your Rev …
The temperature sensor market is projected to grow from USD 7.4 billion in 2024 to USD 9.7 billion by 2029, registering a CAGR of 5.6% during the forecast period.
The market growth is attributed to the increasing adoption of Industry 4.0 and the deployment of temperature sensors in space applications. Furthermore, the rising inclusion of temperature control systems in food safety management is expected to create lucrative opportunities for the market.
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With 13.8% CAGR, Multilayer Ceramic Capacitor Market Growth to Surpass USD 26.6 …
The multilayer ceramic capacitor (MLCC) market is expected to grow from USD 14.0 billion in 2022 to USD 26.6 billion by 2027.; it is expected to grow at a CAGR of 13.8% from 2022 to 2027. Growing demand from the automotive industry due to advent of EVs is driving the market for multilayer ceramic capacitor. Moreover, increasing adoption in telecommunications end-user industry due to rapid development of 5G technology; and…
Military Laser Systems Market Set to Grow at the Fastest Rate- Time to Grow your …
The Military Laser Systems Market is estimated to be USD 5.0 billion in 2023 and is projected to reach USD 7.5 billion by 2028, at a CAGR of 8.7% during the forecast period. The driving factor for the military Laser systems market is the significant investments in modern weapon systems by governments. Laser technology is widely used in military communication systems, directed energy weapon systems, and target designation and ranging…
Next-Generation Memory Market Projected to reach $17.7 billion by 2028
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…
With 7.8% CAGR, Commercial Security System Market Growth to Surpass USD 343.7 bi …
The commercial security system market is expected to reach USD 343.7 billion by 2028 from USD 236.3 billion in 2023, at a CAGR of 7.8% during the 2023-2028 period.
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Technological advancements have resulted in highly specialized surveillance cameras that can be programmed to zoom-in scan items such as harmful equipment. Technological advancements resulted in the availability of a variety of surveillance cameras, such as those with…
Nuclear Power Plant Control System Market worth $825 Million by 2028 | General E …
The global Nuclear Power Plant Control System Market is expected to reach USD 825 million by 2028 from USD 636 million in 2023 at a CAGR of 5.3% during the 2023-2028 period according to a new report by MarketsandMarkets™. Nuclear energy as clean energy is a more reliable way of producing electricity on a large scale. The versatile nature of nuclear energy could enable the transition to a cleaner world…
Colorless Polyimide Films Market worth $1,102 million by 2027 | Key players DuPo …
According to recent market research the "Colorless Polyimide Films Market by Application (Flexible Displays, Flexible Solar Cells, Flexible Printed Circuit Boards, Lighting Equipment), End-Use Industry (Electronics, Solar, Medical), and Region - Global Forecast to 2027", is expected to grow from USD 96 million in 2022 to USD 1,102 million by 2027, at a CAGR of 60.0% during the forecast period. The key factor driving the colorless polyimide market include increasing…
Adhesives & Sealants Market worth $86.6 billion by 2029 | Key players Henkel AG …
According to recent market research the "Adhesives & Sealants Market by Adhesive Technology (Water-based, Solvent-based, Hot-melt, Reactive), Sealant Resin Type (Silicone, Polyurethane, Plastisol, Emulsion, Polysulfide, Butyl), Application, & Region - Global Forecast to 2029", The global adhesives & sealants market size was USD 76.1 billion in 2024 and is projected to reach USD 86.6 billion by 2029, at a CAGR of 2.6% between 2024 and 2029. The adhesives and sealants…
Marine Engines Market Size to Hit $15.2 billion by 2029 | Caterpillar, Wärtsilà …
According to a research report "Marine Engines Market by Engine (Propulsion and Auxiliary), Type (Two Stroke and Four Stroke), Power Range (Up to 1,000 hp, 1,001-5,000 hp, 5,001-10,000 hp, 10,001-20,000 hp, and Above 20,000 hp), Fuel, Vessel and Region - Global Forecast to 2029" published by MarketsandMarkets, the market size for marine engines is projected to reach approximately USD 15.2 billion by the year 2029, as compared to the estimated…
Space-Based Solar Power Market Projected to reach $6.8 billion by 2040
The Space-Based Solar Power market is estimated to grow to USD 6.8 billion by 2040, from USD 4.7 billion in 2030, at a CAGR of 3.3% from 2030 to 2040. Asia Pacific is estimated to account for the largest share of the Space-Based Solar Power market in 2030. The space-based solar power market, market encompasses a range of activities, including research and development, satellite design and manufacturing, launch services, and…
Text-to-Speech Market to Witness the Highest Growth in Asia-Pacific Region
The global Text-to-Speech market is expected to be valued at 4.0 billion in 2024 and is projected to reach USD 7.6 billion by 2029; it is expected to grow at a CAGR of 13.7% from 2024 to 2029. The growth of the market is propelled by the increasing demand for AI-based tools, natural language processing, and the widespread adoption of advanced electronic devices. However, challenges related to achieving clear pronunciation…
With 20.3% CAGR, Wireless Charging Market Growth to Surpass USD 16.0 billion
The wireless charging market is estimated to be valued at USD 6.4 billion in 2024 and is projected to reach USD 16.0 billion by 2029, at a CAGR of 20.3% from 2024 to 2029. Wireless charging, based on electromagnetic induction, allows the transmission of electrical power without physical connectors or cables. This technology is widely applied in consumer electronics, including smartphones and smartwatches, as well as electric vehicles, medical devices,…
Bioresorbable Polymers Market worth $688 million by 2027 | Key players Corbion N …
According to recent market research the "Bioresorbable Polymers Market by Type (Polylactic acid (PLA), Polyglycolic acid (PGA), Polylactic-co-glycolic acid (PLGA), Polycaprolactone (PCL)), application (orthopaedic devices, drug delivery), and Region - Global Forecast to 2027", is projected to reach USD 688 million by 2027, at a CAGR of 10.5% from USD 417 million in 2022. Resorbable or bioresorbable polymers find application as medical implants in the body. Once the mission, such…
Methanol Market worth $38.0 billion by 2028 | Key players Methanex Corporation ( …
According to recent market research the "Methanol Market by Feedstock (Natural Gas, Coal), Derivative (Formaldehyde, MTO/MTP, Gasoline, MTBE, MMA, Acetic Acid, DME, Biodiesel), Sub-Derivative, End-use Industry (Automotive, Construction, Electronics), and Region - Global Forecasts to 2028", size is expected to grow from USD 30.9 billion in 2023 to USD 38.0 billion by 2028, at a CAGR of 4.2% during the forecast period. Methanol is used in various industries, such…
Virtual Power Plant Market worth $5.5 Billion by 2029 | General Electric, Siemen …
The global Virtual Power Plant Market is expected to grow from an estimated USD 1.9 billion in 2024 to USD 5.5 billion by 2029, at a CAGR of 23.4% during the 2024-2028 period according to a new report by MarketsandMarkets™. Virtual power plants are essential because they provide enhanced grid stability by optimizing and integrating diverse energy sources, contributing to increased energy efficiency and the seamless incorporation of renewable energy…
Degaussing System Market Projected to reach $740 Million by 2027
The degaussing system market is projected to grow from USD 619 Million in 2022 to USD 740 Million by 2027, at a CAGR of 3.6% from 2022 to 2027. The market growth can be attributed to the increasing importance of the degaussing system in naval warfare for vessel protection.
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Countries such as the US, the UK, Russia, France, China, and India spend significant budgets to strengthen their…
IoT Sensors Market Set to Grow at the Fastest Rate- Time to Grow your Revenue
The IoT sensors market is expected to grow from USD 16.0 billion in 2024 to USD 70.1 billion by 2029; it is expected to grow at a CAGR of 34.4% from 2024 to 2029. Significant technological developments in the past decade have considerably reduced the size of several types of sensors, such as level, pressure, and image sensors. Sensors are becoming more accurate, reliable, and energy-efficient, enabling more sophisticated data…
With 7.9% CAGR, Micro-Electro-Mechanical System (MEMS) Market Growth to Surpass …
The Micro-electro-mechanical System (MEMS) market is projected to grow from USD 16.5 billion in 2024 and is projected to reach USD 24.2 billion by 2029; it is expected to grow at a CAGR of 7.9% from 2024 to 2029. The growth of the MEMS market is driven by growing adoption of smart consumer electronics; proliferation of IoT devices by manufacturing firm; and advancement in sensor fusion technology.
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Acrylic Emulsion Market worth $16.6 billion by 2028 | Key players BASF SE (Germa …
According to recent market research the "Acrylic Emulsion Market by Type (Pure Acrylic Emulsion, Polymer & Co-polymer Acrylic Emulsion), Application (Paints & Coatings, Adhesives & Sealants, Construction Additives, Paper Coating), and Region - Global Forecast to 2028", is projected to reach USD 16.6 billion by 2028, at a CAGR of 7.6% from USD 11.5 billion in 2023. The acrylic emulsion market is mainly driven by the growing automotive industry in…
Heat Exchangers Market worth $29.0 billion by 2028 | Key players ALFA LAVAL (Swe …
According to recent market research the "Heat Exchangers Market by Type (Shell & Tube, Plate & Frame, Air Cooled), Application (Chemical, Energy, HVACR, Food & Beverage, Power, Paper & Pulp), Material (Metals, Alloys and Brazing Clad), and Region - Global Forecast to 2028", is projected to reach USD 29.0 billion by 2028, at a CAGR of 7.1% from USD 20.5 billion in 2023. The major drivers for the heat exchanger…
Artillery Systems Market Projected to reach $16.0 billion by 2028
This report analyzes the artillery systems market from 2023 to 2028. It discusses various industry and technology trends currently prevailing in the artillery systems market along with the factors that drive, restrain, and challenge the market growth globally. The artillery systems market is estimated to be USD 11.8 billion in 2023 and is projected to reach USD 16.0 billion by 2028, at a CAGR of 6.2% from 2023 to…
Hybrid Printing Market Set to Grow at the Fastest Rate- Time to Grow your Revenu …
The hybrid printing market is projected to grow from USD 5.5 billion in 2023 and is projected to reach USD 10.2 billion by 2028; it is expected to grow at a CAGR of 13.2% from 2023 to 2028. The growth of the hybrid printing market is driven by increasing demand for short-run printing and the cost-effectiveness and environmental benefits offered by hybrid printing compared to other printing methods.
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With 11.6% CAGR, Smart Locker Market Growth to Surpass USD 3.6 billion
The global smart locker market was valued at USD 2.1 billion in 2023 and is estimated to reach USD 3.6 billion by 2028, registering a CAGR of 11.6% during the forecast period. The demand for smart lockers stems from the changing requirements of contemporary lifestyles, influenced by factors such as the rise in e-commerce, the necessity for contactless solutions during the pandemic, challenges in last-mile delivery within urban settings, and…
Injection Molding Polyamide 6 Market worth $10.4 billion by 2025 | Key players A …
According to recent market research the "Injection Molding Polyamide 6 Market by Grade (Reinforced PA6, Unreinforced PA6, Others), End-use Industry (Automotive, Electrical & Electronics, Industrial/Machinery, Consumer Goods & Appliances, Construction, Others), Region - Global Forecast to 2025", is projected to grow from USD 7.5 billion in 2020 to USD 10.4 billion by 2025, at a CAGR of 6.9% from 2020 to 2025. The market is witnessing average growth across the…
Activated Carbon Market worth $8.4 billion by 2030 | Key players Diagas Group (J …
According to recent market research the "Activated Carbon Market by Type (Powdered Activated Carbon, Granular Activated Carbon), Application (Liquid Phase Application, and Gas Phase Application), End-Use Industry, Raw Material (Coal, Coconut, Wood, Peat), and Region - Global Forecast to 2030", is projected to grow from USD 4.4 billion in 2023 to USD 8.4 billion by 2030, at a CAGR of 9.8% during the forecast period. The increasing global population and…
Thermoplastic Polyolefin Market worth $7.3 billion by 2028 | Key players DOW (US …
According to recent market research the "Thermoplastic Polyolefin Market by Type (In Situ TPO, Compounded TPO, POEs), Application (Automotive, Building & Construction, Medical, Wire and Cables), Region (North America, Europe, APAC, MEA, South America) - Global forecast to 2028", is projected to reach USD 7.3 billion by 2028, at a CAGR of 6.0% from USD 5.4 billion in 2023. The Thermoplastic polyolefin market is mainly driven by the demand from…
Breast Biopsy Devices Market worth $2.6 billion by 2028
Breast Biopsy Devices Market in terms of revenue was estimated to be worth $1.6 billion in 2023 and is poised to reach $2.6 billion by 2028, growing at a CAGR of 10.0% from 2023 to 2028 according to a new report by MarketsandMarketsâ„¢.
The major factors driving the growth of this market include the growing prevalent cases of breast cancer, the increasing number of breast cancer screening programs, the growing demand…
US Healthcare Technology Management Market worth $17.3 billion by 2028
US Healthcare Technology Management Market in terms of revenue was estimated to be worth $8.4 billion in 2023 and is poised to reach $17.3 billion by 2028, growing at a CAGR of 15.6% from 2023 to 2028 according to a new report by MarketsandMarkets™. A growing emphasis on preventative maintenance of medical equipment and the need for better asset management in hospitals are two factors driving market growth. The advantages…
Americas Cables Market Size to Hit $10.9 billion by 2029 | Prysmian Group, South …
According to a research report "Americas Cables Market by Polymer and Insulation Type (Semiconducting polymer, XLPE, EPR, HEPR, low Voltage Cables), Semiconducting Layer (Inner & Outer Semiconducting layer), Application, Voltage, End User & Region - Global Forecast to 2029" published by MarketsandMarkets, the Americas Cables market is projected to reach USD 10.9 billion by 2029 from an estimated USD 8.7 billion in 2024, at a CAGR of 4.5% during the…
Navigating the SWIR Market Landscape: Trends, Challenges, and Opportunities Ahea …
The Shortwave Infrared Market is expected to reach USD 277 million by 2027 from USD 166 million in 2021, at a CAGR of 8.9 % during the forecast period.
The Global Shortwave Infrared (SWIR) Market is set to experience substantial growth, with an expected increase from USD 166 million in 2021 to USD 277 million by 2027, reflecting a robust Compound Annual Growth Rate (CAGR) of 8.9% during the forecast period.…
Exploring the Latest Battery Energy Storage System Market Trends: Insights into …
Battery Energy Storage System Market Set to Skyrocket, Projected to Reach USD 17.5 Billion by 2028, at a CAGR of 26.4%
The Battery Energy Storage System (BESS) Market is poised for remarkable growth, with a projected market value of USD 17.5 billion by 2028, according to a recent report by MarketsandMarkets. The market, estimated to be worth USD 5.4 billion in 2023, is anticipated to grow at an impressive Compound Annual…
Global Environmental Remediation Market Report, Industry Size, Share, Statistics …
The Environmental Remediation market is projected to grow from USD 109.3 billion in 2022 to USD 163.4 billion by 2027; it is expected to grow at a CAGR of 8.4% from 2022 to 2027.
The key factors fueling the growth of the market include global and regional mandates for remediation of private and public sites such as mining and forestry, oil & gas, agriculture, automotive, landfills and waste disposal sites, manufacturing,…
Plastic Injection Molding Machine Market worth $11.6 billion by 2028 | Key playe …
According to recent market research the "Plastic Injection Molding Machine Market by Machine Type (Hydraulic, All-Electric, Hybrid), End-Use Industry (Packaging, Automotive, Consumer Goods), Clamping Force (0-200, 201-500, Above 500) and Region - Global Forecast to 2028", The Plastic injection molding machine market size was USD 9.5 billion in 2022 and is projected to reach USD 11.6 billion by 2028, at a CAGR of 3.4%, between 2023 and 2028. Plastic injection…
Lithium-ion Battery Recycling Market worth $35.1 billion by 2031 | Key players C …
According to recent market research the "Lithium-ion Battery Recycling Market by Source (Automotive, Non-automotive), Battery Chemistry, Battery Components, Recycling Process (Hydrometallurgical Process, Pyrometallurgy Process, Physical/ Mechanical Process), and Region - Global Forecast to 2031", is projected to grow from USD 6.5 billion in 2022 to USD 35.1 billion by 2031, at a CAGR of 20.6%. The growing demand for electric vehicles to control the rising pollution levels has spurred the…
loT Medical Devices Market worth $166.5 billion by 2028 | Medtronic (Ireland), G …
IoT Medical Devices Market in terms of revenue was estimated to be worth $41.5 billion in 2023 and is poised to reach $166.5 billion by 2028, growing at a CAGR of 32.1% from 2023 to 2028 according to a new report by MarketsandMarketsâ„¢.
The market for IoT medical devices is driven by factors such as the increasing prevalence of chronic diseases, the need for efficient and cost-effective healthcare solutions, the rising…
PAEK Market worth $1,362 million by 2027 | Key players Victrex PLC (UK), Solvay …
According to recent market research the "PAEK Market by Type (PEEK, PEK, PEKK), Fillers (Glass-filled, Carbon-filled, Unfilled), Form, Application (Oil & Gas, Electrical & Electronics, Automotive, Medical, Aerospace), and Region - Global Forecast to 2027", is expected to grow from USD 985 million in 2022 to USD 1,362 million by 2027, at a CAGR of 6.7% during the forecast period. The major factors driving the PAEK market include increasing demand…
loT Medical Devices Market worth $166.5 billion by 2028
IoT Medical Devices Market in terms of revenue was estimated to be worth $41.5 billion in 2023 and is poised to reach $166.5 billion by 2028, growing at a CAGR of 32.1% from 2023 to 2028 according to a new report by MarketsandMarketsâ„¢.
The market for IoT medical devices is driven by factors such as the increasing prevalence of chronic diseases, the need for efficient and cost-effective healthcare solutions, the rising…
Power Grid Market worth $367.4 Billion by 2028 | General Electric, Siemens, Schn …
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 2023-2028 period according to a new report by MarketsandMarkets™. 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…
Satellite Launch Vehicle Market Projected to reach $29.1 billion by 2027
This report analyzes the satellite launch vehicle market from 2022 to 2027. It discusses various industry and technology trends currently prevailing in the satellite launch vehicle market along with the factors that drive, restrain, and challenge the market growth globally. The satellite launch vehicle market is projected to grow from USD 15.7 billion in 2022 to 29.1 billion by 2027, at a CAGR of 13.1%. Factors such as…
Industrial Ethernet Market Set to Grow at the Fastest Rate- Time to Grow your Re …
The industrial ethernet market is projected to grow from USD 11.0 billion in 2023 to USD 15.8 billion by 2028, exhibiting a CAGR of 7.5% during the forecast period. Rising adoption of 5G to act as a growth opportunity for the market players. However, factors such as threats related to cybersecurity, and harsh field site conditions-high-voltage transients, severe shocks and vibrations, and extremely high temperatures hinder the industrial ethernet market…
With 12.5% CAGR, Dark Fiber Market Growth to Surpass USD 11.9 billion
The dark fiber market is projected to grow from USD 6.6 billion in 2023 and is projected to reach USD 11.9 billion by 2028; it is expected to grow at a CAGR of 12.5% from 2023 to 2028. The growth of the dark fiber market is driven by rising demand for 5G network, increasing demand for internet bandwidth, growing demand for reliable and secure network are the major factors driving…
Transplant Diagnostics Market worth $6.8 million by 2028: Enabling Personalized …
Transplant Diagnostics market was a rapidly growing sector within the healthcare industry. Transplant diagnostics involves a set of tests and procedures performed to assess the compatibility between a donor and recipient before organ or tissue transplantation. These tests are crucial to ensure successful transplant outcomes and minimize the risk of rejection.
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Transplant Diagnostics Market in terms of revenue was estimated to be worth $4.4 billion in 2022…
Primary Cells Market worth $2.8 billion by 2028 | Thermo Fisher Scientific, Inc. …
Primary Cells Market in terms of revenue was estimated to be worth $1.7 billion in 2023 and is poised to reach $2.8 billion by 2028, growing at a CAGR of 10.5% from 2023 to 2028 according to a new report by MarketsandMarkets™. The growth of this market can be attributed to factors such as the is government investments for cell-based research, rising growth in pharmaceutical & biotechnology industries, increasing cancer…
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