Press Releases from MarketsandMarkets (7463 total)
Digital Twin Market Projected to reach $73.5 billion by 2027
Global Digital twin market report size is projected to reach USD 73.5 billion by 2027 at a CAGR of 60.6% during the forecast period.
Rising emphasis on digital twins in manufacturing industries to reduce cost and improve supply chain operations is driving the market for digital twin. Moreover, increasing demand for digital twin from healthcare industry; and growing focus on predictive maintenance) further plays a key role in driving the…
Smart Irrigation Market Opportunities and Challenges
Smart Irrigation Market is projected to reach USD 2.3 billion by 2026; it is expected to grow at a CAGR of 14.9 % during the forecast period.
The government initiatives for promoting water conservation has led to surge in the adoption of smart irrigation systems. In addition to this, factors such as growth of smart cities and need for efficient irrigation systems, decreasing cost of sensors and controllers used in…
Aircraft Seat Upholstery Market Growth, Analysis, Latest Trends and Forecast til …
This report analyzes the aircraft seat upholstery market from 2022 to 2027. It discusses various industry and technology trends currently prevailing in the aircraft seat upholstery market along with the factors that drive, restrain, and challenge the market growth globally. The aircraft seat upholstery market is estimated to be USD 1.9 billion in 2022 and is projected to reach USD 2.3 billion by 2027, at a CAGR of 3.6%…
Sports Technology Market Set to Grow at the Fastest Rate- Time to Grow your Reve …
The sports technology market is estimated to grow from USD 21.9 billion in 2022 to reach USD 41.8 billion by 2027; it is expected to grow at a CAGR of 13.8% from 2022 to 2027. The growth of the sports technology market can be attributed to increasing focus on delighting and engaging fans at stadiums, growing pressure to improve player and team performance, and rising implementation of IoT technologies for…
Heat Pump Market Likely to Experience a Tremendous Growth in Near Future
The global heat pump market is expected to grow from USD 53.2 billion in 2021 to USD 83.5 billion by 2026, at a CAGR of 9.5% during the forecast period. The factors driving the growth for heat pump market are the Contribution of heat pump technology to reduce carbon footprint and the Government laws and subsidies to enhance energy efficiency.
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Energy is an essential power source in…
With 15.0% CAGR, Silicon on Insulator (SOI) Market Growth to Surpass USD 2.9 bil …
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. Increasing demand for SOI wafer-based energy-efficient smart devices and establishment of facilities to enhance SOI production are expected to drive the market growth for SOI market.
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The SOI market has promising growth potential due…
Access Control as a Service Market Growth, Analysis, Latest Trends and Forecast …
The global access control as a service market was valued 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. Increase in adoption of ACaaS from businesses at multiple locations use ACaaS for centralized operations and growing number of smart infrastructure drives adoption & deployment of Access Control Services
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Managed services are…
Encoder Market to Witness the Highest Growth in Asia Pacific Region
The encoder market is projected to grow from USD 2.7 billion in 2022 to USD 4.3 billion in 2027 at a CAGR of 9.7% from 2022 to 2027. The increasing demand for machine learning and artificial intelligence-based systems and innovative technologies in automotive and UAV industry are factors creating lucrative opportunities for the players in the encoder market.
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The rotary encoder segment is expected to grow…
Aircraft Hydraulic Systems Market Set to Grow at the Fastest Rate- Time to Grow …
The aircraft hydraulic systems market is projected to grow from USD 9.8 Billion in 2022 to USD 16.6 Billion by 2027, at a CAGR of 11.3% from 2022 to 2027. The global rise in aircraft deliveries is likely to drive growth in the aircraft hydraulic systems market across many categories. Furthermore, the demand for improved aviation hydraulic systems onboard new aircraft is boosting the adoption of aircraft hydraulic systems, which…
With 4.8% CAGR, Airborne ISR Market Growth to Surpass USD 15.6 billion
The airborne ISR market is projected to grow from USD 12.4 Billion in 2022 to USD 15.6 Billion by 2027, at a CAGR of 4.8% from 2022 to 2027. Airborne ISR is an integral part of the defense industry. The deployment of small, reliable, and sophisticated airborne ISR systems in various applications has increased global demand. Advancements in ISR technologies and their manufacturing techniques have reduced these systems' costs.
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With 7.4% CAGR, Automated Storage and Retrieval System (ASRS) Market Growth to S …
The global ASRS market size is expected to grow from USD 8.3 billion in 2022 to USD 11.8 billion by 2027, at a CAGR of 7.4%. The rising adoption of ASRS in e-commerce, automotive, and healthcare industries indicates the growth of the ASRS market.
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The e-commerce industry is expected to grow at the highest CAGR in the ASRS market. ASRS is implemented in the e-commerce industry…
Packaging Machinery Market | Key players operating in the market include KHS Gro …
According to recent market research the packaging machinery market is projected to reach USD 56.7 billion by 2027 from USD 46.4 billion in 2022, at a CAGR of 4.1%. The major driving factors for the growth of the Packaging machinery market are rapidly growing generics and biopharmaceutical markets; the growing need for flexible and integrated packaging equipment in the chemical, food, and beverage industries; and the introduction of regulatory standards…
Biomass Gasification Market worth $45 Million by 2027
The global Biomass Gasification Market is expected to grow from USD 29 million in 2022 to USD 45 million by 2027, at a CAGR of 8.9% according to a new report by MarketsandMarkets™. The Biomass Gasification Market has promising growth potential due to the rising deployment of combined heat and power plants and the rising use of bioethanol.
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Carbon Credit Trading Platform Market Size to Hit $200.6 billion by 2027 | Nasda …
According to a research report "Carbon Credit Trading Platform Market by Type (Voluntary, Regulated), System Type (Cap and Trade, Baseline and Credit), End Use (Industrial, Utilities, Energy, Petrochemical, Aviation), and Region - Global Forecast to 2027" published by MarketsandMarkets, the carbon credit trading platform market size is estimated to be USD 200.6 billion by 2027 (forecast year) from USD 67.3 billion in 2022 (estimated year), at a CAGR of 24.4%…
System Integrator Market to Witness the Highest Growth in North America Region
System integrator market for industrial automation is valued at USD 27.0 billion in 2022 and is anticipated to USD 35.5 billion by 2027; growing at a CAGR of 5.6% from 2022 to 2027. The growth can be attributed to a significant increase in adoption of IoT and cloud computing in industrial automation.
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System integrator market for industrial automation based on service outlook has been segmented into Hardware…
Military Vehicle Electrification Market Set to Grow at the Fastest Rate- Time to …
The report provides an analysis of the Military Vehicle Electrification market from 2022 to 2027. Current industry and technology trends prevailing in the market, compiled with drivers, restraints, challenges, and opportunities that influence the market growth, have been discussed comprehensively in the report. The military vehicle electrification market will be USD 3.5 billion in 2022 and is projected to be USD 15.1 billion by 2027 at a CAGR of 34.1%…
With 5.4% CAGR, Integrated Bridge Systems Market Growth to Surpass USD 7.9 billi …
The report on the integrated bridge systems market provides an analysis of the market from 2019 to 2027. It discusses industry and technology trends currently prevailing in the market, along with drivers, restraints, challenges, and opportunities that influence the growth of the market. The integrated bridge systems market is projected to grow from USD 6.1 Billion in 2022 to USD 7.9 Billion by 2027, at a CAGR of 5.4% from…
With 6.6% CAGR, Specialty Lighting Market Growth to Surpass USD 5.7 billion
The specialty lighting market is projected to reach USD 7.8 billion by 2027 from USD 5.7 billion in 2022; it is expected to grow at a CAGR of 6.6% from 2022 to 2027.
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Increasing adoption of lighting solutions for special purposes and the need for enhanced illumination across medical, entertainment, and UV Lamps are promoting the market growth. The UV lamps for the disinfection of surface,…
Vascular Patches Market worth $517 million by 2027 - Leading Key Players are LeM …
Vascular Patches Market is projected to reach USD 517 million by 2027 from USD 353 million in 2022, at a CAGR of 7.9% during the forecast period according to a new report by MarketsandMarkets™. The vascular patches market is driven by the rising number of cardiovascular surgeries worldwide and the growing adoption of biological patches. The growth in the number of hospitals & surgical centers offers lucrative growth opportunities for…
Bookbinding Adhesives Market worth $2.1 billion by 2027 | Key players Henkel AG, …
According to recent market research the global bookbinding adhesive market size was USD 1.8 billion in 2022 and is projected to grow at a CAGR of 2.2% during the forecast period to reach USD 2.1 billion by 2027. Asia Pacific accounts for a major share of the overall bookbinding adhesives due to the demand from printed books, magazines & catalogues and print on demand applications.
Browse 114 market data Tables and…
Electronic Warfare Market Set to Grow at the Fastest Rate- Time to Grow your Rev …
The report on the electronic warfare Market provides a detailed trend analysis from 2022 to 2027. It discusses industry and technology trends currently prevailing in the market, along with drivers, restraints, challenges, and opportunities that influence the growth of the market.
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The electronic warfare market size is projected to grow from USD 18.5 billion in 2022 to USD 23.2 billion by 2027, at a CAGR of 4.7%…
With 8.4 % CAGR, Air Traffic Control (ATC) Market Growth to Surpass USD 13.5 bil …
The report on the Air traffic control (ATC) market provides a detailed trend analysis from 2018 to 2027. It discusses industry and technology trends currently prevailing in the market, along with drivers, restraints, challenges, and opportunities that influence the growth of the market.
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The Air traffic control (ATC) market is estimated to be USD 9.0 billion in 2022 and is projected to reach USD 13.5 billion by…
Fly Ash Market | Key players operating in the market include Boral Limited, CEME …
The report "Fly Ash Market by Type (Type F, Type C), Application (Portland Cement & Concrete, Bricks & Blocks, Road Construction, Agriculture), and Region (Asia Pacific, Europe, North America, Middle East & Africa, South America) - Global Forecast to 2027", is expected to grow from USD 3.4 billion in 2018 to USD 5.7 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 6.0% during the forecast period. The…
Rising at 24.3% CAGR, Smart Port Market will continue registering positive growt …
According to a research report "Smart Port Market by Technology (IoT, Blockchain, Process Automation, Artificial Intelligence), Elements (Terminal Automation, PCS, Smart Port Infrastructure), Throughput Capacity, Port Type - and Region - Global Forecast to 2027" published by MarketsandMarkets, the global smart port market size will grow to USD 5.7 billion by 2027 from USD 1.9 billion in 2022, at a CAGR of 24.3% during the forecast period.
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Condensing Unit Market worth $57.1 billion by 2027 | Key players Emerson Electri …
According to recent market research "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 such…
Power Supply Market will Hit Big Revenues in Near Future
The power supply market is estimated to grow from USD 25.20 billion in 2018 to USD 34.92 billion by 2023, at a CAGR of 6.7%. Growing adoption of home and building automation systems, emerging telecommunications sector, and increasing demand for energy-efficient devices/appliances services are the key factors driving the power supply market growth.
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Power supply with low output power expected to account for largest market size in…
Carbon Capture, Utilization, and Storage Market | Key players operating in the m …
The report "Carbon Capture, Utilization, and Storage Market by Service (Capture, Transportation, Utilization, Storage), Technology (Chemical Looping, Solvents & Sorbent, Bio-Energy CCS, Direct Air Capture), End-Use Industry, and Region - Global Forecast to 2027 ", size is projected to grow from USD 2.4 billion in 2022 to USD 4.9 billion by 2027, at a CAGR of 15.1% during the forecast period. The increasing use of carbon Capture, Utilization, and Storage…
Electric Motors Market worth $186.0 Billion by 2027
The global Electric Motors Market is projected to grow from USD 134.0 billion in 2022 to USD 186.0 billion by 2027, at a CAGR of 6.8% according to a new report by MarketsandMarkets™. This market is mainly driven by increasing investments in electric vehicles and development of manufacturing industry.
Browse in-depth TOC on "Blue Hydrogen Market"
353 - Tables
60 - Figures
306 - Pages
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Low voltage motors by voltage, is…
Africa Automotive Lubricants Market | Key players operating in the market includ …
The report "Automotive Lubricants for Africa - Brand Awareness, Market Share, Sales Channel Analysis and Market Size & Forecast to 2020", The Africa automotive lubricants market is projected to be worth 763,781.6 kilo liters by 2020, registering a CAGR of 3.5% between 2015 and 2020.
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/africa-automotive-lubricants-239124245.html
Browse 14 market data Tables and 63 Figures spread through 96 Pages and in-depth TOC on "Automotive Lubricants for Africa"
The…
Blue Hydrogen Market worth $44.5 Billion by 2030
The global Blue Hydrogen Market is projected to grow from USD 18.2 billion in 2022 to USD 44.5 billion by 2030, at a CAGR of 11.9% according to a new report by MarketsandMarkets™. The factors driving the growth of the Blue Hydrogen Market are the increasing hydrogen demand in petroleum refineries and transportation and Power Generation Facilities applications.
Browse in-depth TOC on "Blue Hydrogen Market"
98 - Tables
48 - Figures
152 - Pages
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Protective Clothing Market | Key players operating in the market include 3M Comp …
The report "Protective Clothing Market by Material Type (Aramid & Blends, Polyolefin & Blends, Polyamide, and PBI), Application (Thermal, Chemical, and Visibility), End-Use Industry (Construction, Manufacturing, Oil & Gas, and Mining) - Global Forecast to 2025", is projected to reach USD 12.3 billion by 2025, at a CAGR of 6.9% from USD 8.8 billion in 2020.
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/protective-clothing-market-1278.html
Browse 218 market data Tables and 47 Figures spread…
Ethylene Carbonate Market | Key players operating in the market include Oriental …
According to recent market research "Ethylene Carbonate Market by Application (Lubricants, Lithium Battery Electrolyte, Plasticizers, Surface Coatings), End-Use Industry (Automotive, Oil & Gas, Industrial, Medical, Personal Care & Hygiene) and Region - Global Forecast to 2027", size is expected to grow from USD 473 million in 2022 to USD 901 million by 2027, at a CAGR of 13.7%, during the forecast period. The major factors driving the ethylene carbonate industry…
Gas Turbine Market Expected to Grow $22.5 Billion by 2026
The global Gas Turbine Marketis expected to grow from an estimated USD 18.9 Billion in 2021 to USD 22.5 Billion by 2026, at a CAGR of 3.6% during the forecast period, owing to an increase in demand of gas turbines in power generation. However, they are also used for mechanical drive purposes and in jet engines.
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Power generation segment is expected to lead the gas turbine market…
Ring Main Unit Market Size to Reach $3.0 billion in 2027 | ABB Ltd, Siemens, Eat …
According to a research report "Ring Main Unit Market by Insulation Type (Gas-insulated, Air-insulated, Oil-insulated, Solid Dielectric), Installation (Indoor, Outdoor), Voltage Rating (Up to 15 kV, 15 kV-25 kV, Above 25 kV), Structure, Application, Region - Global Forecast to 2027" published by MarketsandMarkets, the Ring main unit market is expected to grow at a CAGR of 6.0% during the forecast period, from an estimated USD 2.3 billion in 2022 to…
Face Mask Market | Key players operating in the market include 3M Company, Honey …
The report "Face Mask Market by Nature (Disposable, Reusable), Material Type, Type (Surgical, Respirator), End-Use, Distribution Channel (Pharmacy & Drug Stores, Supermarket & Hypermarket, Specialty Stores, E-commerce) and Region - Global Forecast to 2027"The face mask market is projected to grow from USD 25.1 billion in 2022 to USD 3.0 billion by 2027, at a CAGR of -34.5% from 2022 to 2027. The market is projected to witness tremendous growth…
Industrial Foam Market worth $72.2 billion by 2026 | Key players Covestro AG, BA …
According to recent market research "Industrial Foam Market by Foam Type (Flexible, Rigid), Resin Type (Polyurethane, Polystyrene, Polyolefins, Phenolic, Pet), End-Use Industry and Region (North America, APAC, Europe, MEA, South America) - Global Forecast to 2026", size is estimated at USD 55.6 billion in 2021 and is projected to reach USD 72.2 billion by 2026, at a CAGR of 5.4% between 2021 and 2026. The market is propelled by the…
Energy Efficient Motor Market Likely to Boost Future Growth by 2023
The global energy efficient motor market size is expected to grow from an estimated USD 30.3 billion in 2018 to USD 41.6 billion by 2023, at a CAGR of 6.5%. The major factors driving the growth of the energy-efficient motor market are energy savings and the subsequent cost over traditional motors, increasing governmental support worldwide towards the adoption of energy-efficient motors, rising need to reduce the greenhouse effect, and growing…
IoT Sensors Market to Witness the Highest Growth in APAC Region
IoT Sensors Market is expected to grow from USD 8.4 billion in 2021 to USD 29.6 billion by 2026; it is expected to grow at a CAGR of 28.6% during 2021-2026. Increasing use of sensors in IoT applications due to cost and size reduction, and technological advancement, and Introduction of 3GPP Release 13 and Release 14 specifications are the key factors driving the growth of the IoT sensors market. The…
With 10.4 % CAGR, Low Light Imaging Market Growth to Surpass USD 19.9 billion
The global low light imaging market is projected at USD 12.1 billion in 2022 and is projected to reach USD 19.9 billion by 2027, registering a CAGR of 10.4% during the forecast period. integration of low light imaging sensors into cameras of smartphones and tablets, increasing deployment of advanced driver-assistance systems (ADASs) in automobiles, and growing use of low light image sensors in advanced medical imaging applications are other factors…
Microfiltration Membranes Market | Key players operating in the market include S …
According to recent market research "Microfiltration Membranes Market by Type (Fluorinated Polymers, Cellulosic, Polysulfones, Ceramic), Filtration Mode, Applications (Water Treatment, Food & beverage, Biopharmaceutical Processing, Chemical) & Region - Global Forecast to 2027", published by MarketsandMarkets, the global microfiltration membranes market size is projected to reach USD 1.8 billion by 2027 from USD 1.2 billion in 2022, at a CAGR of 8.9% during the forecast period.
The overall increase in demand…
Refrigerants Market | Key players operating in the market include Honeywell Inte …
The report "Refrigerants Market by Type (HFC & Blends, HFO, Isobutane, Propane), Application (Refrigeration System, Air Conditioning System, Chillers, MAC) and Region (APAC, North America, Europe, MEA, South America) - Global Forecast to 2027", will grow to USD 8.4 billion by 2027, at a CAGR of 6.2% from USD 6.2 billion in 2022
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/refrigerant-market-1082.html
Browse 311 market data Tables and 58 Figures spread through 307 Pages and in-depth TOC on "Refrigerants Market"
Refrigeration, refrigerants…
Distribution Automation Industry to see Stunning Growth with Key Players ABB, Ea …
According to the new research report "Distribution Automation Market by Component (Field Devices, Software, Services), Communication Technology (Wired (Fiber Optic, Ethernet, Powerline Carrier, IP), Wireless (RF Mesh, Cellular, Wimax)), Utility, Region - Global Forecast to 2025", size is expected to grow from an estimated value of USD 12.4 billion in 2020 to USD 17.7 billion by 2025, at a CAGR of 7.4% from 2020 to 2025. The need for improved…
HVAC System Market Growing at the Fastest Rate in APAC Region
The HVAC system market size was valued at USD 210.0 billion in 2022 and is projected to reach USD 271.5 billion by 2026; it is expected to grow at a CAGR of 6.6% from 2022 to 2026.
The implementation of IoT with HVAC systems has fueled their demand in commercial and residential applications. HVAC systems are of different equipment types, based on different technologies, and their functions are application-specific.
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With 12.1% CAGR, Network Attached Storage Market Growth to Surpass USD 51.0 bill …
The Network Attached Storage (NAS) market is projected to grow from USD 25.7 billion in 2022 and is projected to reach USD 51.0 billion by 2028; it is expected to grow at a CAGR of 12.1% from 2022 to 2028.
The growth of this market is driven by factors such as increasing adoption of hybrid cloud storage, growing use of 5G technology, and rising data generation with surge in use of…
Green Ammonia Market will Escalate Rapidly in Near Future
The global Green Ammonia Market size is projected to grow from USD 16 million in 2021 to reach USD 5,415 million by 2030, at a CAGR of 90.2%. Green hydrogen projects are increasing as many countries are focusing on investing in the development of a hydrogen-based economy. Investments in hydrogen infrastructure will subsequently bring opportunities for green ammonia production to reuse carbon-free hydrogen for a longer duration. Moreover, green ammonia…
Ventilators Market worth $5.4 billion in 2027- Leading Key Players are Koninklij …
Ventilators market is projected to reach USD 5.4 Billion in 2027 from USD 3.9 Billion in 2022, at a CAGR of 6.3% during the forecast period according to a new report by MarketsandMarkets™. The growth of the global ventilators market is driven by the rising burden of respiratory diseases, urbanization, and rising pollution levels, rising obesity cases due to sedentary lifestyle, rapid growth in geriatric population worldwide, growing preference for…
Synthetic Dyes Market | Key players operating in the market include Huntsman Cor …
The report "Synthetic Dyes Market by Type (Acid Dyes, Reactive Dyes, Disperse Dyes, Direct Dyes, Solvent Dyes, Basic Dyes), Application, Form (Liquid, Powder), Structure (Anionic, Cationic, Non-Ionic), End-Use Industry, and Region - Global Forecast to 2027", size is estimated to be USD 6.3 billion in 2022 and is forecasted to grow to USD 8.7 billion by 2027, at a CAGR of 6.5%, during the forecast period.
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Bio-lubricants Market | Key players operating in the market include ExxonMobil, …
The report "Bio-lubricants Market by Base Oil (Vegetable oil, Animal fat), Application (Hydraulic oil, metalworking fluids, chainsaw oil, mold release agents, two-cycle engine oils, gear oils, greases), End-use, Region - Global Forecast to 2025" The global bio-lubricants market size is projected to grow from USD 2.0 billion in 2020 to USD 2.4 billion by 2025, at a CAGR of 4.1% between 2020 and 2025. The growth is attributed to growing…
Electronic Warfare Market Projected to reach $20.9 billion by 2025
Electronic Warfare Market size is projected to grow from USD 17.0 billion in 2020 to USD 20.9 billion by 2025, at a CAGR of 4.2% from 2020 to 2025. Significant technological advancements and integration of electronics in military equipment are resulting in a shift towards multilayered defense systems, which is expected to drive the electronic warfare market during the forecast period. Adding to these factors, the increase in the use…
Electronic Toll Collection Market Set to Grow at the Fastest Rate- Time to Grow …
The Electronic toll collection market is projected to grow from USD 8.3 billion in 2022 to USD 11.4 billion by 2027; it is expected to grow at a CAGR of 6.5% from 2022 to 2027. The key factors fueling the growth of this market include reduction in traffic congestion, accidents, and environmental pollution, high government support for increasing deployment of electronic toll collection systems, increased convenience due to cashless payments,…
