Press Releases from Orion Market Research (21341 total)
Traction Batteries Market Will Generate Record Revenue by 2029
The global traction batteries market is anticipated to grow at a CAGR of 10.5% during the forecast period. The demand for electric vehicles (EVs) is increasing due to environmental concerns and government incentives, which is driving the growth of the traction battery market. Traction batteries are essential for powering electric drivetrains and providing the necessary energy for propulsion. Technological advancements in battery technology have improved energy density, reduced costs, and increased charging…
Critical Infrastructure Protection Market 2023 Driving Factors Forecast Research …
The critical infrastructure protection market is projected to grow at a considerable CAGR of around 9% during the forecast period (2020-2026). Cohesive government support for critical infrastructure protection is a key factor driving the growth of the global critical infrastructure protection (CIP) market. Critical infrastructure can be defined as the assets which are essential for the functioning of an economy or a nation which includes infrastructure such as electricity generation…
Sugar-Free Carbonated Drinks Market Booming Worldwide with Latest Trend and Futu …
The global sugar-free carbonated drinks market is anticipated to grow at a significant CAGR of 7.4% during the forecast period. A desire for a healthy lifestyle among people is driving the growth of the global sugar-free carbonated drinks market. People are shifting toward a healthy diet and reducing their sugar intake which increases the market for sugar-free carbonated drinks. The key market players in the sugar-free carbonated drinks industry are…
Sugar-Free Carbonated Drinks Market Comprehensive Insight by Growth Rate, Indust …
The global sugar-free carbonated drinks market is anticipated to grow at a significant CAGR of 7.4% during the forecast period. A desire for a healthy lifestyle among people is driving the growth of the global sugar-free carbonated drinks market. People are shifting toward a healthy diet and reducing their sugar intake which increases the market for sugar-free carbonated drinks. The key market players in the sugar-free carbonated drinks industry are also focusing…
Unmanned Aerial Vehicle (UAV) Market Comprehensive Insight by Growth Rate, Indus …
Global Unmanned Aerial Vehicle (UAV) market is anticipated to grow at a lucrative CAGR of 14.5% during the forecast period (2023-2030). The drone sector is a sunrise sector in India with the potential to significantly impact defense, surveillance, internal security, disaster management, agriculture, healthcare, geo-spatial mapping, mining, infrastructure, and aerial photography and cinematography, among many other areas. The Government of India has been promoting the manufacturing of drone and drone components through…
Dental Lasers Market is Anticipated to Increase at a Stable CAGR over the Foreca …
Global dental lasers market is anticipated to grow at a considerable CAGR of 5.2% during the forecast period (2023-2030). To encourage quick recovery after procedures, patients are now choosing to avoid invasive surgeries, and even doctors are choosing approaches that result in little incisions. Dental practitioners are choosing to employ non-invasive dental lasers that don't require dental anesthesia to execute minimally invasive operations. Age increases a person's susceptibility to several dental illnesses…
North American Bathroom Accessories Market 2023 Driving Factors Forecast Researc …
The North America bathroom accessories market is growing at a significant CAGR of 7.8% during the forecast period (2021-2027). The market is set to display impressive growth during the forecast period with some key trends emerging, such as the adoption of smart bathrooms due to increase in trends of smart homes driven by continuously evolving end-user expectations. The increase in awareness among people regarding hygiene is further expected to create…
Drone Taxi Market 2023 Driving Factors Forecast Research 2029
The global drone taxi market is projected to grow at a CAGR of XX% during the forecast period (2021-2027). The primary factor driving the market is its advantages including reduction in traffic congestion, increasing transportation efficiency, and reduction in the level of noise pollution. Further, it can be used to carry passengers for intracity or intercity transportation. The major attributable factor for the rapid increase in drone taxis is…
Magneto-Rheological (MR) Fluid Market 2023 Driving Factors Forecast Research 202 …
The global MR fluid market is projected to grow at a significant CAGR during the forecast period. MR fluid is a smart fluid used as a carrier fluid, which increases its viscosity in the presence of a magnetic field. The MR fluid consists of micro and nano-sized magnetized iron particles suspended in a base fluid. The fluid can be used to design devices for different applications such as in the…
Edge Sensor Market 2023 Driving Factors Forecast Research 2029
The Global Edge Sensor Market is estimated to grow at a significant CAGR during the forecast period. Edge Sensor Market research report reveals important insights into market scenario to enable key players in taking calculated decision making. Basically, one of the major purposes of market research reports is to maximize the business growth opportunities. It also helps key players to turn business into a successful business by increasing the…
Identity and Access Management Market 2023 Driving Factors Forecast Research 202 …
The global identity and access management market is anticipated to grow at a significant CAGR of 13.5% during the forecast period. The major factor driving the growth of the identity and access management market during the forecast globally is the increasing instances of security breaches and growing instances of identity-related fraud. According to the Federal Trade Commission (FTC), in 2020, identity fraud incidents increased by almost 45% incurring huge financial…
Automatic Dependent Surveillance-Broadcast (ADS-B) Market 2023 Driving Factors F …
Automatic dependent surveillance-broadcast (ADS-B) market is anticipated to grow at a significant CAGR of 20.6% during the forecast period. Automatic dependent surveillance-broadcast (ADS-B) is defined as surveillance technology that enables air traffic control (ATC) and air to air communication or air traffic coordination through satellite navigation. ADS-B provides many benefits to both pilots and air traffic control that improve both the safety and efficiency of flightTraffic. The use of ADS-B…
High-Performance Computing (HPC) Market 2023 Driving Factors Forecast Research 2 …
High-performance computing market is anticipated to grow at a significant CAGR of 6.3% during the forecast period. HPC is a practice of aggregating computing power that delivers higher horsepower than traditional computers and servers. It aids in processing huge volumes of data at very high speeds using multiple computers and storage devices. HPI has made advances in various fields such as precision medicine, fraud detection in fintech, personalized interest rates,…
Botnet Detection Market 2023 Driving Factors Forecast Research 2029
The global botnet detection market is expected to grow at a significant CAGR during the forecast period (2021-2027). Botnet detection has gotten a lot of attention from cybersecurity experts and tech companies all around the globe. A botnet is a network of linked devices that communicate over the internet, usually consisting of infected workstations and servers that have been infected with malicious or ill-disposed software and malware. Botnets are controlled…
Circulating Tumor Cells Market is Anticipated to Increase at a Stable CAGR over …
Global circulating tumor cells (CTCs) market is anticipated to grow at a CAGR of 12.5% during the forecast period (2023-2030). An increase in the adoption of CTC detection, including non-invasive techniques used for the detection of cancer is driving industry growth. This technique includes the use of body fluids and their analysis for the determination of cancerous and circulating tumor cells in the patient body. The complex nature of tumors…
Cancer Registry Software Market Will Generate Record Revenue by 2029
Global cancer registry software market is anticipated to grow at a significant CAGR of 10.5% during the forecast period (2023-2030). The growing focus of non-profit organizations in the development and promotion of cancer registry software is driving the growth of the global cancer registry software market. In July 2023, Dallas-based Susan G. Komen, one of the world's leading nonprofits raising money for breast cancer research, awareness, and community programs launched…
AI & Advanced Machine Learning in BFSI Market Booming Worldwide with Latest Tren …
The global AI & advanced ML in BFSI market is anticipated to grow at an exponential CAGR of 50.5% during the forecast period (2023-2030). 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…
Sugar-free Confectionery Market to see Rapid Growth by 2029
The global sugar-free confectionery market is anticipated to grow at a considerable CAGR of 5.3% during the forecast period. Leading market players in the industry are offering sugar-free confectionery products with innovative flavours which are gaining higher attraction among consumers. Manufacturers are enhancing their product portfolio with a wide range of sugar-free confectionery items, such as jellies, dragées, fudges, candies, peppermints, toffees as well as functional sugar-free confectionery items. …
Big Data Analytics in Manufacturing Market Will Generate Record Revenue by 2029
The global big data analytics in manufacturing market is anticipated to grow at a considerable CAGR of 14.0% during the forecast period. With the high rate of adoption of sensors and connected devices, there has been a massive increase in the data points generated in the manufacturing industry. With this surge in data availability, there is a higher demand for big data analytics in the manufacturing sector. In addition, big…
Potato Starch Market Will Generate Record Revenue by 2029
The global potato starch market is anticipated to grow at a considerable CAGR of 3.8% during the forecast period. One of the key factors that are fueling the market is the growing competitiveness between the market players. Companies operating in the potato starch market are advancing, innovating, and launching new products to stay in the competition. For instance:
· In March 2021, Ingredion Incorporated,…
HD Maps for Autonomous Vehicles Market 2023 Driving Factors Forecast Research 20 …
The global HD maps for autonomous vehicles market is growing at a considerable CAGR of 30.2% during the forecast period. The Growing adoption of level 2 and level 3 ADAS attributes, increasing investment by companies in the development of HD maps is considered as the prime factors affecting and driving the market. Additionally, the increasing R&D activities associated with HD maps along with growing map data collection are also estimated…
Lithium-Ion Battery Anode Market 2023 Driving Factors Forecast Research 2029
The global lithium-ion battery anode market is growing at a considerable CAGR of 18.2% during the forecast period. The growing adoption of lithium-ion batteries for industrial applications, increasing investment by companies in the R&D initiatives is considered as the prime factors affecting and driving the market. Additionally, the increasing adoption of solar energy for electricity generation along with rapid technological innovations, are also estimated to be the key factors that…
Processed Seafood Market to See Massive Growth by 2029
The global processed seafood market is anticipated to grow at a considerable CAGR of 4.9% during the forecast period. Convenience, affordability, high nutritional value, and others benefits associated with processed seafoods make them more demand by consumer aiming healthy life. Moreover, Integration of advanced seafood processing technologies such as cryogenic freezing technology which uses carboxymethylcellulose, an odourless stabilizerhas, made the food more durable with their nutritious values. Using modern freezing…
Electric Ships Market 2023 Driving Factors Forecast Research 2029
The global electric ships market is anticipated to grow at a significant CAGR of around 11% during the forecast period. The market growth is attributed to the growing focus towards limiting the sulphur emission generated by the heavy powertrain system in ships vehicles due to use of fuel oils for powering the ship. The shipowners are focusing towards automation and integration of newbuild ships and retrofit the existing ships with…
Telecom Power Systems Market 2023 Driving Factors Forecast Research 2029
The global telecom power systems market is anticipated to grow at a considerable CAGR of around 8.6% during the forecast period. The major factors that are contributing significantly to the growth of the market include the increasing mobile subscription that has increased the telecom tower installations and high demand for faster network and services. The demand for advanced network and services which incorporates 5G and VoLTE in rising with increase…
Nanorobotics Market 2023 Driving Factors Forecast Research 2029
The global Nanorobotics market is anticipated to grow at a substantial CAGR of 11.4% during the forecast period. Nanorobotics application in tissue engineering, cellular aid in inflammatory responses, dental surgery, and other disciplines of the healthcare business are contributing to market growth. Nanorobotics is used in disease track, pharmacokinetics, to enhance efficiency and effectiveness of healthcare, and target drug delivery in cancer therapeutics. The…
Fingerprint Sensor Market 2023 Driving Factors Forecast Research 2029
The global fingerprint sensor market is anticipated to grow at a significant CAGR of 12.8 % during the forecast period (2021-2027). Fingerprint sensors refer to a key biometric technology that has been gaining widespread popularity in security areas. Fingerprint sensors are used in fingerprint detection devices such as biometric fingerprint scanners. These devices are mainly inbuilt in fingerprint detection modules and are used for safety and authenticity. The main features…
Home Standby Gensets Market 2023 Driving Factors Forecast Research 2029
The global home standby gensets market is anticipated to grow at a significant CAGR of nearly 4.8% during the forecast period. The major factor that drives the market growth include rising issues of outage in developed countries across the globe due to the unpredictable weather conditions and aging electrical infrastructure. Fixing damaged infrastructure caused by the bad weather takes large amount of time. For instance, Tropical Storm Isaias swept the…
Operator Training Simulator Market 2023 Driving Factors Forecast Research 2029
The global operator training simulator market is anticipated to grow at a significant CAGR of nearly 9.8% during the forecast period. The major factor contributing to the growth of the market includes the rise in integration of high-end technologies such as artificial intelligence (AI), virtual reality (VR), cloud services, and augmented reality (AR), among others. Moreover, the manufacturing organizations globally are training their employees using innovative operator training simulator to…
Anti-Money Laundering (AML) Market 2023 Driving Factors Forecast Research 202
The global AML market is anticipated to grow at a significant CAGR of 15.2% during the forecast period. The increased adoption of AI and ML (machine learning) and advanced technologies in developing AML solutions will fuel the AML market. AI & ML help to identify and deactivate the 98% of cases that are false positives, due to which the adoption of AI & ML has increased in AML solutions. The…
Reduced Fat Non-Salted Butter Market Comprehensive Insight by Growth Rate, Indus …
Reduced fat non-salted butter market is expected to grow at a significant CAGR during the forecast period. Reduced-fat butter is made by lowering the fat content to 40% or less and has the same flavour and texture as conventional butter. Reduced-fat butter includes plant sterols and stanols, which block the absorption of harmful cholesterol and support to prevention of heart disease. It's also better than normal butter. It has no…
Cold Plasma Market 2023 Driving Factors Forecast Research 202
The global cold plasma market is anticipated to grow at a CAGR of around 14% during the forecast period (2021-2027). Cold plasma is a technology that uses energetic, reactive gases to inactivate contaminating microbes. This flexible sanitizing method/technology uses electricity and a carrier gas, such as air, oxygen, nitrogen, or helium to contaminate microbes. The cold plasma technology found its major use in wide range of applications ranging from food,…
Radial Forging Machine Market Comprehensive Insight by Growth Rate, Industry Sta …
The global radial forging machine market is anticipated to grow at a considerable CAGR of 7.3% during the forecast period (2023-2030). The radial forging machines market growth can be credited to the growing demand for radial forging machines from the automotive business and end-user sectors. Radial forging machines are used for manufacturing high-quality gears with exact sizes and brilliant external textures. These machines are also capable of controlling great forgings, which makes…
In-Flight Catering Market Comprehensive Insight by Growth Rate, Industry Status, …
The global in-flight catering market size was valued at $17.5 billion in 2022, and is projected to reach $26.2 billion by 2030, registering a CAGR of 5.9% during the forecast period (2023-2030). Government schemes that allow individuals to travel through the air effortlessly and at low costs is a key factor boosting the market's growth. For instance, in January 2023, to make air travel more affordable in India, Prime Minister…
Sunglasses Market Analysis, Size, Current Scenario and Future Prospects
The global sunglasses market is anticipated to grow at a considerable CAGR of 4.9% during the forecast period (2023-2030). According to the American Academy of Ophthalmology, wearing sunglasses is an appropriate health decision as well as an impressive fashion choice. Long-term sun exposure increases the risk of developing eye conditions such as cataracts, macular degeneration, and a rare form of eye cancer. Additionally, long-term UV radiation exposure can also cause…
Sugar-Free Cookies Market Is Likely to Experience a Tremendous Growth by 2029
The global sugar-free cookies market is anticipated to grow at a considerable CAGR of 6.2% during the forecast period (2023-2030). The growth of the market is mainly attributed to the increased demand for sugar-free baked goods, such as cookies prepared with sunflower seeds and raisins by health-conscious consumers. Such cookies are suitable for diabetics, as they offer the substitution of sugar alternatives for sweet products. Cookies have grown in popularity among consumers…
Security Automation Market is Anticipated to Increase at a Stable CAGR over the …
Global security automation market is anticipated to grow at a CAGR of 12.8% during the forecast period (2023-2030). The increasing cases of cyber-attacks and data breaches globally are boosting the market. Cyber-attacks are increasing and more frequent across almost every industry, making it difficult for security teams to keep up manually. Hence, security automation can help industries to automate repetitive tasks and free up security teams to focus on more…
Photographic Service Market to see Huge Growth by 2029
The global photographic service market is anticipated to grow at a CAGR of 4.3% during the forecast period (2023-2030). One of the main reasons driving market growth is that photographers will be able to produce virtual reality images and films in the future, offering viewers a completely immersive experience. Additionally, AI technology is already employed in cameras and editing software to assist photographers in making better decisions and improving their work. Photographers…
Microcar Market to Witness Robust Expansion by 2029
The global microcars market is anticipated to grow at a considerable CAGR of 3.0% during the forecast period. Electric vehicles (EVs) are becoming more popular, and this is driving up demand for EV microcars. People are concerned about the environment and want cleaner transportation options. EV microcars produce zero emissions, making them more eco-friendly. They also offer cost savings because they have lower operating costs and require less maintenance. Microcars are designed…
Automotive Seat Market 2023 Driving Factors Forecast Research 2029
The global automotive seat market is anticipated to grow at a considerable CAGR of 4.0% during the forecast period. New and innovative product launches to drive global automotive Seat market. For instance, in June 2023, Graco, a baby gear brand and part of the Newell Brands portfolio of brands, has launched the 4Ever DLX Grad 5-in-1 Car Seat. This is industry's first car seat that offers five modes of use, including a…
Air charter services Market Will Generate Record Revenue by 2029
The global air charter services market is anticipated to grow at a CAGR of 5.4% during the forecast period (2023-2030). E-commerce has positively impacted almost every market including air charter services industry globally. There is an exponential increase in the number of people using various charter services platforms across the globe. These service platforms are also proving innovative services to customers such as online booking and affordable price, among others. The increasing…
Sunflower Oil Market Comprehensive Insight by Growth Rate, Industry Status, Fore …
The global sunflower oil market is anticipated to grow at a considerable CAGR of 6.7% during the forecast period. One of the key factors that are fueling the market is the growing competitiveness among the existing market players and new entrants. In addition, the existing major players in the market are also inclined toward introducing a new brand of sunflower oil catering to expand its product portfolio and stay competitive.…
Sugar Alcohol Market to Witness Robust Expansion by 2029
The global sugar alcohol market is expected to grow at a CAGR of 5.6% during the forecast period. The increasing use of sugar alcohols in the production of beverages, dairy products, and confectionery is the major factor driving the growth of the market. Sugar alcohols are suitable for a wide range of uses in the food and beverage industry owing to which it contributes to the ever-increasing demand to reduce the sugar…
Unified Communication as a Service Market to Witness Astonishing Growth by 2029
The global unified communication as a service market is projected to grow at a CAGR of 24.5% during the forecast period. One of the key factors to drive the market growth is the increasing partnership among players for the development of unified communication in various verticals sectors such as education, information technology, healthcare businesses, and others.
In December 2020, RingCentral established a partnership with Stack8, a unified communication solutions provider. The partnership will…
UC In SMBs Market Comprehensive Insight by Growth Rate, Industry Status, Forecas …
UC in SMBs Market is anticipated to grow at a significant CAGR during the forecast period. UC in SMBs stands for Unified Communication in Small to Medium Business. This unified communication can provide various benefits for SMBs in many ways. Mainly it can implement to enhance the communication with customers in terms of sales, marketing and customer services. It also promotes collaboration with the employees and attains to maintain the collaboration…
Operational Technology Market 2023 Driving Factors Forecast Research 2029
The global operational technology market is anticipated to grow at a significant CAGR during the forecast period. Operational technology systems are hardware and software. They are used to detect the cause of change via direct monitoring with the support of a physical device. Additionally, operational technology performs several applications using various technologies such as Supervisory Control and Data Acquisition (SCADA), Distributed Control Systems (DCS), Process Control Domains (PCD), and Programmable…
Autonomous Forklift Market 2023 Driving Factors Forecast Research 2029
The global autonomous forklift market is anticipated to grow at a significant CAGR of 7.9% during the forecast period. The major factor driving the growth of the global autonomous forklift market during the forecast perio is the increasing complexities of product handling. Product handling is becoming important and complex in industries such as logistics and warehousing, among others which is rising the need for product safety which in turn is…
Defense Integrated Antenna Market 2023 Driving Factors Forecast Research 2029
The global defense integrated antenna market is anticipated to grow at a significant CAGR of 7.5% during the forecast period. The major factor driving the growth of the global defense integrated antenna market during the forecast is the increase in airspace modernization programs across the globe. Additionally, better routing decisions, as well as improved pilot communications coupled with enhanced efficiency, are some benefits of airspace modernization. Furthermore, it involves the…
Enterprise Information Archiving Market 2023 Driving Factors Forecast Research 2 …
The global enterprise information archiving market is anticipated to grow at a significant CAGR of 14.8% during the forecast period. Enterprise information archiving supports enterprises to stay protected from litigations accusing the enterprise of fraud or disclosure of customer confidential information. Several new laws & litigations are getting defined to safeguard customer's private information and promote ethical business processes due to the development of sophisticated computing and communication systems, which…
Software Defined Data Center (SDDC) Market to Witness Astonishing Growth by 2029
Software defined data center market is expected to grow at a CAGR of 21.9%. software defined data center is referring as all elements of infrastructure which includes CPU, networking storage, and security that are virtualized and delivered as a service. the components of the SDDC include software-defined storage, software-defined networking (SDN) elements, and virtualized computing. many software platforms such as open and proprietary are available which can be used…
