Press Releases from orion market research (21297 total)
Low Retention Additive Market Size 2023: Global Share, Industry And Report Analy …
Low retention additive market is anticipated to grow at a CAGR of 6.5% during the forecast period (2024-2031). Stringent REACH (Registration, Evaluation, Authorisation and Restriction of Chemicals) and EPA (Environmental Protection Agency) regulations regarding volatile organic compounds (VOCs) and toxic content in solvent-based additives have led to the commercialization of low retention additives with improved performance. Further, the growing use of fluorosurfactants as wetting and leveling agents and the demand…
Convenience Stores Market Update Report 2024| Industry Trends, Demand, Leading C …
Global convenience stores market is anticipated to grow at a considerable CAGR of 29.4 during the forecast period (2024-2031). The consumers' growing preference for convenient shopping options due to their busy lifestyles is a key factor driving the global convenience stoes market. Convenience businesses are adopting cashier less checkout and AI-assisted scheduling with the artificially powered technologies. AI has made it possible for convenience stores to reduce some of the costs related…
Direct Methanol Fuel Cell (DMFC) Market Size 2023: Global Share, Industry And Re …
DMFC market is anticipated to grow at a significant CAGR of 12.8% during the forecast period. The growing demand for renewable sources of energy globally to reduce carbon footprints is a key factor driving the growth of the global DMFC market. However, the high cost of the cell technology may restrain its market growth.
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The rising global demand for clean and sustainable energy solutions is…
Corrugated Boxes Market is Size, Trends, Latest Insights, Analysis and Forecast …
Global corrugated boxes market is anticipated to grow at a CAGR of 4.0% during the forecast period (2024-2031). A major factor supporting the growth of the market is the increasing partnerships between the companies to expand their business and production line in the corrugated boxes market to propel investments. Collaboration between companies can lead to more efficient recycling processes, the use of alternative eco-friendly materials, and the development of new, sustainable box…
Electric Food Steamers Market Worldwide Industry Analysis, Future Demand and For …
Global electric food steamers market is anticipated to grow at a CAGR of 6.0% during the forecast period (2024-2031). A major factor supporting the market growth is the increasing consumer demand for healthier cooking methods and the rising awareness of the benefits of steaming food. Electric food steamers offer a convenient and efficient way to cook a variety of foods while preserving their nutritional value, flavor, and texture. Additionally, the growing emphasis…
Food Contact Paper Market Outlook 2024-2031: Trends and Opportunities/ Archer Da …
Food Contact Paper Market refers to papers that are likely to come into contact with food during manufacture, processing, serving, or storage. This comprises kraft paper, greaseproof paper, and parchment paper, among others. Paper is made of cellulose fibers, which are generally generated from wood making it biodegradable and renewable. Thus, to meet current packaging requirements, paper is treated with coatings, fillers, coatings, and synthetic binder, making it ideal for…
Hand Tools Market Is Expected to Exhibit Significant Growth Over 2031 Apex Tool …
Hand Tools Market is expected to expand at a compounded annual growth rate (CAGR) of 2.8% during the forecast period. Hand tools are handheld tools that are powered by manual force rather than battery or electricity like in the case of power tools. Being the most conventional form of tools, they are used for striking, cutting, measuring, fastening, and other general purposes. They are utilized for industrial, commercial, and residential…
Isoprene Rubber Latex Market is Likely to Increase at a Significantly High CAGR …
Global isoprene rubber latex market is anticipated to grow at a considerable CAGR of 8.4% during the forecast period (2024-2031). The growing adoption of this material in the manufacturing of medical gloves, catheters, and other healthcare goods owing to their biocompatibility and elasticity is a key factor driving the global market growth. Due to its superior bonding properties, isoprene rubber latex is used in sealants and adhesives in the construction industry. Due…
Wearable AI Market Size, Trends, Latest Insights, Analysis and Forecast 2024-203 …
The global wearable AI market is anticipated to grow at a CAGR of 29.8% during the forecast period. Fitness trackers, demonstrated by brands like Fitbit, employ AI to monitor and analyze physical activity, heart rate, and sleep patterns. They also provide personalized fitness recommendations. These wearable devices can even detect potential health issues and send alerts to users or healthcare professionals. Additionally, smartwatches with AI integration offer voice-activated assistance, answer…
Quantum Computing Market Size, Trends, Latest Insights, Analysis and Forecast 20 …
Global quantum computing market is anticipated to grow at a considerable CAGR of 30.6% during the forecast period. Governments and companies around the world are investing heavily in quantum computing research and development. This is helping to accelerate the development of quantum computers and related technologies. Quantum computers are expected to be much faster than traditional computers for certain types of tasks. This could lead to breakthroughs in fields such…
Military Cloud Computing Market Size, Trends, Latest Insights, Analysis and Fore …
The global military cloud computing market is anticipated to grow at a considerable CAGR of 12.2% during the forecast period. Governments around the world are promoting the adoption of cloud computing in the military sector for several reasons, some of which are described next. Cloud computing can help military organizations reduce their IT costs by eliminating the need to invest in and maintain their data centers. This can free up…
Generative AI Market Size, Trends, Latest Insights, Analysis and Forecast 2024-2 …
Global generative AI market is anticipated to grow at a considerable CAGR of 48.5% during the forecast period. Generative AI algorithms need large datasets of training data to learn. The increasing availability of data from the internet, social media, and other sources is making it possible to train more powerful and sophisticated generative AI algorithms. The increasing availability of data is making it easier to develop and deploy generative AI…
Composite AI market Size, Trends, Latest Insights, Analysis and Forecast 2024-20 …
The composite AI market is estimated to grow at a CAGR of 35.4% from 2024 to 2031. The growth in this sector is driven by increasing investment in the AI/ML industry, rapidly growing competition, better access to technology, changing businesses' tendencies to more data-driven decisions, and increasing rate of data production among others. For instance,
In September 2023, NVIDIA and Tata Group joined forces to co-create AI computing infrastructure and…
Blockchain AI Market is Likely to Increase at a Significantly High CAGR during F …
The global blockchain AI market is anticipated to grow at a considerable CAGR of 24% during the forecast period. The companies are focusing on implementing innovative blockchain-based technologies to enhance customer satisfaction, which further fuel the market growth during the forecast period. For instance, in November 2020, Proven Technology VCS and Medical physicians launched a decentralized health data marketplace powered by blockchain and AI technology. This new information infrastructure for…
Artificial Intelligence in Energy Market Size, Trends, Latest Insights, Analysis …
Global artificial intelligence in energy market is anticipated to grow at a CAGR of 14.5% during the forecast period. Smart consumption tools powered by AI have changed how consumers use and save energy. With the formation of decentralized power grids, it's possible to balance the energy inputs and outputs using the previously collected data. Deep learning AI algorithms have a larger predictive capacity than all industry specialists combined. Forecasting, in…
Artificial Intelligence in Cancer Diagnostics Market Size, Trends, Latest Insigh …
The global AI in cancer diagnostics market is anticipated to grow at a CAGR of 32.5% during the forecast period. Artificial Intelligence (AI) has made positive impact across various sectors including healthcare globally. A notable surge in the adoption of AI tools across different domains, including healthcare, has led to a pronounced increase in demand for AI-driven solutions and services within organizations.
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Artificial Intelligence as a Service Market Size, Trends, Latest Insights, Analy …
The global artificial intelligence as a service market size was valued at $7.7 billion in 2022, and is projected to reach $96.1 billion by 2030, registering a CAGR of 37.10% during the forecast period. Each year, the US spends about $40 billion on patients who have had drug mishaps. Artificial intelligence can assist providers in various patient care and intelligent health systems. Artificial intelligence techniques ranging from machine learning to…
Artificial Intelligence (AI) Sensor Market Size, Trends, Latest Insights, Analys …
The global AI Sensor market is anticipated to grow at a CAGR of 41.6% during the forecast period. A sensor is a machine that recognises and responds to an incoming signal. AI robots leverage an array of sensors, enabling size measurement, object recognition, and distance assessment. Furthermore, radio-frequency identification (RFID) technology provides a wireless means of sensing with the capacity to transmit identification codes and other data. The growth of…
Artificial Intelligence (AI) in Precision Medicine Market Size, Trends, Latest I …
The global AI in precision medicine market is anticipated to grow at a CAGR of 19.2% during the forecast period. Several methods use a machine learning (ML) model to categorize genes as tumor suppressors, oncogenes, or neutral genes. Both known oncogenes and tumor-suppressor genes, such as TP53 and PIK3CA, were successfully predicted by using an AI-based precision medicine techniques. For instance,
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Artificial Intelligence (AI) in Medical Writing Market to Witness Growth Acceler …
Global AI in the Medical Writing Market is experiencing significant growth expecting to grow at a CAGR of 16.1% during the forecasted period. The market growth is owing to factors such as the increasing acceptance of machine learning especially AI, the growing need to reduce healthcare expenditures, and increased R&D investments in pharmaceutical companies to optimize their processes and reduce costs. AI-powered medical writing tools and solutions offer the potential…
AI in Life Science Analytics Market Size, Trends, Latest Insights, Analysis and …
The global AI in life science analytics market is anticipated to grow at a CAGR of 9.7% during the forecast period. The development of diseases and patient outcomes can be predicted by a variety of conditions using Artificial Intelligence (AI). It is used in conducting clinical trials, enables new drug discoveries, and diagnoses of diseases more precisely and accurately across the globe. According to National Institute of Health (NIH), in…
Artificial Intelligence (AI) in Diagnostics Market Size, Trends, Latest Insights …
The global AI in diagnostics Market is anticipated to grow at a CAGR of 23. 5% during the forecast period. Machine learning (ML) algorithms offers the capability to track and monitor patient symptoms and notify medical personnel/ staff about potential risks. The utilization of AI algorithms enhances the precision of medical diagnosis, improve patient outcomes, and enhance healthcare efficiency by analyzing huge amounts of medical data, and establishing connections. AI-powered…
Artificial Intelligence (AI) in Cybersecurity Market Size, Trends, Latest Insigh …
The global AI in cybersecurity market is anticipated to grow at a CAGR of 23.6% during the forecast period. The rising concern for unauthorized access, data breaches, and cyber threats in the healthcare industry pushes the key players to launch medical cybersecurity solutions. For instance, in March 2022, cybersecurity solutions company Illumio and Cylera, a provider in medical device (IoMT) and enterprise OT cybersecurity launched a solution for healthcare providers.…
Artificial Intelligence (AI) in Aviation Market Size, Trends, Latest Insights, A …
The global AI in aviation market is anticipated to grow at a CAGR of 42.1% during the forecast period. In an effort to enhance safety and security infrastructure at airports, airport authorities are adopting AI for baggage and passenger screening, which is fueling the AI in Aviation market during the forecast period. For instance, in January 2020, Airports Authority of India (AAI) announced that trials of a smart baggage screening…
Artificial Intelligence (AI) Governance Market Size, Trends, Latest Insights, An …
The global AI governance market is anticipated to grow at a CAGR of 41.6% during the forecast period. AI governance ensures that AI algorithms are fair and unbiased, transparent and understandable, and adhere to data privacy regulations and maintain data security. It involves identifying and mitigating biases in training data and algorithms, providing explanations for AI decisions, and protecting sensitive data used by AI models. The market's growth is attributed…
Artificial Intelligence (AI) Camera Market Size, Trends, Latest Insights, Analys …
The global AI camera market is anticipated to grow at a CAGR of 12.8% during the forecast period. AI cameras are becoming increasingly prevalent in various innovative applications, such as self-driving cars, medical diagnostics, and emergency response systems. Consequently, companies are placing significant emphasis on the development of AI-based cameras. One of the pioneering and critically important application is the use of AI cameras for wildfire detection, which enables early…
AI in Media & Entertainment Market Size, Trends, Latest Insights, Analysis and F …
The global AI in media & entertainment market is anticipated to grow at a CAGR of 12.8% during the forecast period. The rise in the consumption of gaming and animated products encourages the utilization of AI-powered tools in gaming and animation sectors. These tools are used to generate more realistic features and actions of the animated character by enhancing the synchronization of lip movements with voice-overs, accurate facial expressions, and…
AI-Enabled Imaging Modalities Market Size, Trends, Latest Insights, Analysis and …
The global AI-enabled imaging modalities market is anticipated to grow at a CAGR of 35.0% during the forecast period. The FDA's approval of a new AI-powered imaging processing software is expected to have significant implications in the market of AI-enabled imaging modalities. The software's accuracy in analysing medical images could improve diagnostic precision, resulting in earlier detection of abnormalities and potentially better patient outcomes. As the software gains clearance for…
AI in Supply Chain Market Size, Trends, Latest Insights, Analysis and Forecast 2 …
The global AI in Supply Chain market is anticipated to grow at a CAGR of 38.8% during the forecast period. AI plays a crucial role in assisting businesses in various aspects of supply chain management, such as inventory planning, transportation route optimization, and overall efficiency enhancement. By analyzing historical data and market trends, AI algorithms provide accurate demand forecasts, aiding businesses in reducing excess stock and minimizing carrying costs. These…
AI in Project Management Market Size, Trends, Latest Insights, Analysis and Fore …
The global artificial intelligence (AI) in project management market is anticipated to grow at a CAGR of 17.4% during the forecast period. The utilization and development of AI-based tools and software have witnessed an exponential increase among organizations around the globe. In recent years, businesses have involved AI to automate and optimize processes, including planning, forecasting, and decision-making. Now, generative AI is emerging as a game-changing technology that holds the…
AI in Computer Vision Market Size, Trends, Latest Insights, Analysis and Forecas …
The global artificial intelligence (AI) in computer vision market is anticipated to grow at a CAGR of 36.1% during the forecast period. AI has positively impacted almost every market including computer vision globally. There is an exponential increase in the number of companies developing and using AI across the globe. For an instance in June 2023, Meta Platforms, the parent company of Facebook and Instagram, has announced its latest AI…
AI Image Generator Market Size, Trends, Latest Insights, Analysis and Forecast 2 …
The global AI image generator market is anticipated to grow at a significant CAGR of 17.1% during the forecast period. New AI-image generator launches are global AI image generator market contributing to the for instance, in July 2023, Stability AI, AI startup, launched image generative AI models with the launch of Stable Diffusion XL 1.0. This state-of-the-art text-to-image model promises to revolutionize image generation with its vibrant colors, stunning contrast,…
AI & Advanced Machine Learning in BFSI Market Will Exhibit an Impressive Expansi …
The global AI & advanced ML in BFSI market is anticipated to grow at an exponential CAGR of 50.5% during the forecast period. The banking industry is always situated at the forefront of constant innovation, amidst challenges posed by global economic uncertainties, emerging competitors, and ever-changing customer demand. The rising focus of major banks such as Deutche bank towards the adoption of AI & ML in its operations is a…
Membrane Bioreactor Market Size 2023: Global Share, Industry And Report Analysis …
Membrane bioreactor market is anticipated to grow at a considerable CAGR of 7.6% during the forecast period (2024-2031). Membrane bioreactor (MBR) systems is a high-efficient wastewater treatment technology that uses a microbial process. The main applications of a membrane bioreactor (MBR) is in the treatment of municipal and industrial wastewater. It involves the combination of a suspended growth bioreactor and a perm-selective or semi-permeable membrane technique, such as microfiltration (MF)…
Oilfield Auxiliary Rental Equipment Market Size 2023: Global Share, Industry And …
Oilfield auxiliary rental equipment market is anticipated to grow at a CAGR of 5.3% during the forecast period (2024-2031). Oilfield auxiliary equipment are machines and instruments that are used to supplement the drilling process at oilfields. The equipment used less frequently on the oilfield are availed on rent by various oil extraction companies.
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Offshore exploration, drilling, and production activities necessitate different environmental and technical considerations than…
Power Converter Market Size 2023: Global Share, Industry And Report Analysis By …
Power converter market is anticipated to grow at a considerable CAGR of 7.9% during the forecast period (2024-2031).A power converter is a device that formally modifies electrical characteristics, such as voltage or frequency, to ensure compatibility between power sources and loads. The growing demand for power convertors from end-use industries is a key factor driving the growth of the global power convertor market.
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The expanding renewable…
Truffles Market is Size, Trends, Latest Insights, Analysis and Forecast 2024-203 …
Global truffles market is anticipated to grow at a considerable CAGR of 9.2% during the forecast period (2024-2031). A major factor supporting the growth of the market is the increasing demand from the food and culinary industry, particularly in high-end restaurants and gourmet food sectors. Truffles are prized for their unique flavour and aroma, making them a sought-after ingredient in various cuisines globally. Additionally, the rising consumer awareness of truffles' culinary value…
Smart Food Logistic Market Is Expected to Exhibit Significant Growth Over 2031 A …
Smart Food Logistic Market is expected to grow at a significant CAGR during the forecast period. The rapid rise in the prevalence of e-retail in the food and retail sector is driving the expansion of the global smart food logistics market. Logistics is an important element of the storage, shipping, and delivery of products ordered online, it has boosted the market growth. Besides that, the emergence of artificial intelligence (AI)…
Sleeping Bag Market Worldwide Industry Analysis, Future Demand and Forecast till …
Global sleeping bag market is anticipated to grow at a considerable CAGR of 6.7% during the forecast period (2024-2031). The growing advancements in the temperature technologies along with new product launches globally is a key factor driving the growth of the global sleeping bag market. The production of electronic heating pads and liners that run on rechargeable batteries is one such advancement that is aiding to the market growth. With this people…
Plastic Bottles and Containers Market to Witness Growth Acceleration by 2031/ Ar …
Plastic bottles and containers market is anticipated to grow at a CAGR of 5.5% during the forecast period. Plastic bottles and containers are made from various grades of high- and low-density plastics for storage purposes. Plastic bottles and containers are rugged & resilient and are safe to handle which makes them suitable a considerable option for packaging. Hence, the high demand for various plastic bottles and containers in its application…
Flavor Carriers Market Worldwide Industry Analysis, Future Demand and Forecast t …
The global flavor carriers market is anticipated to grow at a significant CAGR during the forecast period. Flavor carriers are either the natural or the artificially derived solvents used for extracts and flavors. The ever-growing food and beverages industry is considered to be the primary driver of market growth. It is majorly due to the fact that these carriers are widely used in various food and beverages to enhance shelf…
Eco-Friendly Water Bottle Market is Dazzling Worldwide and Forecast to 2031
The global eco-friendly water bottle market is anticipated to grow at a CAGR of 4.5% during the forecast period. Governments across the globe are banning single-use plastics and to switch on reusable or degradable plastics. The initiatives by governments across the globe are propelling the growth of the market during the forecast period. For instance, in an article published by World Economic Forum (WEF) in July 2022, India imposed a ban on…
Direct-to-Consumers Market Size, Share, Trends, Demand, Segments, Leading Compan …
The global direct-to-consumers (D2C) market is anticipated to grow at a significant CAGR of 15.7% during the forecast period (2024-2031). Improved control over pricing and margins and better distribution of products is a key factor driving the growth of the global market. The use of this business model removes the intermediaries and provides business an opportunity to investigate more benefits that will make their customers feel like they are getting more for…
Cosmetics and Perfumery Glass Bottles Market is Size, Trends, Latest Insights, A …
The global cosmetics and perfumery glass bottles market is anticipated to grow at a considerable CAGR of 3.8% during the forecast period (2024-2031). The changing lifestyles of the world's population have contributed to an increase in demand for the perfume business. The improving quality of life, greater disposable income, and a desire for better and improved packaging are some of the primary factor driving the growing demand for beauty, cosmetic, and perfume…
Construction Adhesives Market Update Report 2024| Industry Trends, Demand, Leadi …
Global construction adhesives market is anticipated to grow at a CAGR of 2.6% during the forecast period (2024-2031). Adhesives designed for construction find application in infrastructure projects, including repair and construction of bridges, road development, and tunnel installations. Governments in several countries around the globe are investing heavily in countries infrastructure development. Government-funded construction projects aim to improve public services and stimulate economic growth and most projects can be very expensive. For…
Caprolactam Market Increasing Demand, Growth Analysis and Future Outlook by 2031 …
Global caprolactam market is anticipated to grow at a considerable CAGR of 5.8% during the forecast period (2024-2031). The increasing demand for caprolactam from growing textile industry is a key factor driving the growth of the global caprolactam market.
Carpet fiber made from nylon 6 resin is durable, resilient, and colorfast. Nylon 6 offers a great range of colors and design options to carpet manufacturers. Furthermore, carpets made from nylon 6 are resistant…
Cassia Seed Extract Market Intelligence Report Offers Key Futuristic Top Trends, …
The global cassia seed extract market is anticipated to grow at a considerable CAGR of 6.0% during the forecast period (2024-2031). Growing consumer demand for plant-based, sustainable products in several end-user industry especially in skin care is a key factor driving the growth of the global market. Consequently, regulatory focus and consumer awareness play a crucial role in determining the future of the cassia seed extract market.
Additionally, companies like Naturalin Bio-Resources Co.…
Biodegradable Water Bottles Market is Likely to Increase at a Significantly High …
The global biodegradable water bottles market is expected to grow at a CAGR of 5.5% during the forecast period. The prominent factor that drives the market growth include the stringent regulations regarding the use of plastic bottles, which leads to a pollution crisis especially for the marine life organisms. Several regulatory bodies are continuously focusing on minimizing the use of plastic waste, by producing biodegradable water bottles. As per the United Nations…
Body Armor Market Is Expected to Exhibit Significant Growth Over 2031 3M Company …
The global body armor market is anticipated to grow at a CAGR of 5.3% during the forecast period (2024-2031). Growing product offerings in the industry are contributing to the growth of the global body armor market. For instance, In April 2023, DuPont introduced Kevlar EXO, an aramid fiber that delivers ballistic protection for body armor. According to the company, the flexibility and lightweight design features of Kevlar EXO enable military and law…
Artificial Turf Market Worldwide Industry Analysis, Future Demand and Forecast t …
Global artificial turf market is anticipated to grow at a considerable CAGR of 6.1% during the forecast period (2024-2031). Global artificial turf market is driven by the growing market development activities such as new product launch, partnerships and collaborations. For instance, in October 2023, Condor Grass introduced world's first colour shift technology product. It has developed a type of artificial grass that reacts to outdoor temperatures and changes colours with the seasons.…
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