Press Releases from P&S Intelligence (8082 total)
Outdoor Lighting Market Is Expected to Reach $20,269.7 Million by 2030
The worldwide outdoor lighting market was valued at $10,352.1 million in 2020, which is projected to reach $20,269.7 million at a CAGR of 7.0% during 2020-2030. The rising requirements for energy-efficient lighting, advancing initiatives of government toward the conservation of energy, and growing development of infrastructure are the key drivers for the growth. In addition, China is a major manufacturer of lighting devices and raw material and component exporter. Lighting…
Automotive Adhesives and Sealants Market To Touch USD 11,643.5 Million by 2030
The automotive adhesives and sealants market is growing at a rate of 6.1% in the years to come and will reach a value of USD 11,643.5 million by 2030, according to a market research report by P&S Intelligence.
The epoxy category dominated the industry in the past. The main quality of epoxy-based adhesives is its rigid bonding, aiding in enhancing the structural integrity of the vehicle. Hence, with the…
Ethylene Vinyl Acetate Market To Reach a Value of USD 13,149.7 Million By 2030
As per a report published by P&S intelligence, the total value of the ethylene vinyl acetate market was USD 7,060.8 million in 2021, and it will grow at a rate of 7.2% by the end of this decade to touch USD 13,149.7 million by 2030.
The main factors which are responsible for the development of the industry include growing solar photovoltaic installation, increasing demand for the material in a number of…
Diagnostic Imaging Systems Market Size, SWOT Analysis, Growth Statistics, Share …
The global diagnostic imaging systems market revenue stood at $38.9 billion in 2019, and it is predicted to grow to $70.0 billion by 2030.
According to the estimates of the market research company, P&S Intelligence, the market will progress at a CAGR of 5.8% between 2020 and 2030. The factors driving the expansion of the market are the soaring healthcare expenditure, burgeoning requirement for diagnostic imaging procedures, rising incidence of…
Human Growth Hormone Market Trends, Business Strategies, Regional Outlook and Fo …
The size of the human growth hormone market was $4,399.4 million in the year 2021, and likely to advance at a 14.2% CAGR from 2021 to 2030 and reach $14,498.3 million. The peptide hormone is produced by pituitary gland, which stimulates growth in both children and adolescents. Precise cellular differentiation helps in the development of skeletal system. The protein metabolism, carbohydrate metabolism and fat metabolism are affected by this…
Veterinary Pain Management Market Analysis, Future Opportunity, Current Challeng …
In 2022, the veterinary pain management market was worth around USD 1.60 billion, and it is projected to advance at a 7.10% CAGR from 2022 to 2030, hitting USD 2.78 billion by 2030, according to P&S Intelligence.
This development can be credited to the growing occurrence of musculoskeletal syndromes, including osteoarthritis, in animals, also the increasing acceptance of buddy and livestock animals. Furthermore, the developments in the animal healthcare industry have…
North America and Europe are Dominating Biochar Market
The biochar market has garnered USD 2.0 billion in 2021, and it is projected to rise at the rate of 10% from 2022 to 2030, as per the report by market research company, P&S Intelligence. mainly because of the growing manufacturing of this material. As per the European Biochar Industry Consortium, in 2020 around 21,000 tons of biochar were made in Europe.
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How Will Cosmetic Sector Boost 1,3-Butylene Glycol Market Growth?
Growth drivers such as the booming food, plasticizer, inks, pharmaceutical, and paints and coatings industries, the burgeoning demand for pharmaceutical-grade of 1,3-butylene glycol, and the rising need for this chemical from the cosmetic sector will help the 1,3-butylene glycol market exhibit a CAGR of 5.9% between 2022 and 2030. In contemporary years, the cosmetic industry is witnessing significant growth, due to the increasing disposable income of people and surging public…
India Coding and Marking Systems Market Will Grow Significantly
Coding and marking systems are normal in the assembling business. In spite of the fact that they have previously been utilized for a really long time, particularly in beauty care products, drugs, food, and refreshments, not a many individual is known all about modern coding and stamping frameworks.
They are additionally valuable in the event of item reviews. These frameworks offer a way for items to be considered protected and…
E-Pharmacy Market Segments Analysis, Future Opportunity, Current Challenges, Geo …
An online pharmacy can be defined as an internet-based vendor that sells medicines on an e-commerce platform facilitating multiple payment options. The independent internet only showcases the online branches of brick-and-mortar pharmacies, under online pharmacies' purview.
The online pharmacy industry has garnered $68,382.3 million revenue in 2021, and it is projected to grow at a rate of 16.1%, to capture $261,684.5 million revenue in 2030.
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Presently, a rise…
Precision Cardiology Industry Growth Analysis, Opportunities, Trends, Developmen …
The precision cardiology market generates $1,011.5 million in revenue in 2021, and it is projected to grow at a rate of 12.8% from 2021 to 2030, to capture $2,998.4 million in revenue in 2030. It is ascribed to the declining cost of the sequencing methods, and rising awareness of early screening of cardiovascular diseases due to their increasing prevalence.
In addition, the industry is progressing with technological advancements in equipment. Along…
Interventional Radiology Industry Trends, Business Strategies, Regional Outlook …
A number of factors such as the growing prevalence of chronic diseases, soaring popularity of minimally invasive procedures, rising geriatric population, soaring number of R&D activities, and ongoing technological advancements will accelerate the interventional radiology market at 6.4% CAGR during 2019-2024. According to P&S Intelligence, the market will generate $27.3 billion revenue by 2024. Moreover, the increased reimbursement rate for interventional radiology procedures will also contribute to the market growth…
Negative Pressure Wound Therapy Devices Industry Trends, Development and Demand …
The negative-pressure wound therapy devices market will propel at a growth rate of about 8% till 2030 and will reach a value of $4,698.4 million. The important factors accountable for the development of the market takes into account, the snowballing cases of burns, increasing incidence of diabetes, increasing geriatric population, and a high number of C-section surgeries leading to the growing post-operative utilization of NPWT devices.
By the year 2030, around…
Analyzing the Opportunities and Advancements in the Recycled Plastic Market
The size of the worldwide recycled plastic market was around $59,777.3 million in 2021, which is expected to advance at a CAGR of 8.5% in the coming years and reach a value of $124,314.1 million by 2030. The primary factors driving the growth of the market include the increasing focus on reducing the volume of plastic waste, supportive government policies and initiatives to surge the acceptance of recycled products, and…
Electrifying Hauling: Examining the Growth and Potential of the U.S. Electric Tr …
When people think of EVs, they frequently picture smaller ones that can fit into small parking spaces. But for tasks like contracting, gardening, and deliveries, contemporary EVs have begun to come in various forms and sizes.
Fleet managers would want to think again before ignoring EVs as automakers develop increasingly inventive solutions to the problems associated with powering heavy-duty vehicles.
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The government's e-mobility promotion…
The Future of Auto Parts: Exploring the Booming E-Commerce Automotive Aftermarke …
In 2021, the e-commerce automotive aftermarket contributes approx. $78,631.4 million revenue, and it is expected to rise at the rate of 10.4%, and capture $191,545.7 million revenue, ascribed to the rise in the number of DIY customers. The convenience provided by the online shopping channels also expands the demand for replacement automotive components.
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The online distribution channel generated significant sales of automotive aftermarket…
Smart City Development Projects Propel Video Surveillance Industry
The video surveillance industry contributes $42.3 billion, and it is projected to advance at a rate of 11.7%, to contribute $114.9 billion in 2030. The primary consumer of video surveillance technology is China, and it captures an extensive share of the industry, accounting for 42.7%. In addition, the country owns a significant surveillance network, accounting for over 50% of the surveillance cameras used worldwide.
China is focusing on developing infrastructure projects,…
Rising Concern Over Maritime Surveillance Led by Smooth Shipping and Seafarer Sa …
The global maritime surveillance industry generates $22,254.6 million revenue, and it is projected to rise at a rate of 6.8% in the coming future and contribute to $40,386.4 million in 2030. It is due to factors such as growing maritime threats, including piracy and strict regulations for international sea trade.
Japan and China are the major five ship-owning economies that constitute 50% of the world's tonnage, acquired by companies based in…
Insulin Delivery Devices Industry Insights, Leading Players, Growth and Demand F …
To reduce the number of needle sticks, pumps provide an uninterrupted supply of insulin. Children or anybody who has problems remembering their insulin shots may consider them as well. Some people find insulin pumps to be more comfortable than insulin pen injections since they remain affixed to the body. Therefore, the global insulin delivery devices market is on track to hit $39,371.8 million in 2030.
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Anti-Aging Industry Share, Segment Analysis, Growth and Forecast Report, 2030
The size of the anti-aging market was $201,111.5 million in 2021, which will reach $422,804.6 million by 2030, with a rate of 8.6% in the near future, as per research by P&S Intelligence.
Anti-wrinkle treatments were the most preferred by people, and this category will capture around half the industry in the future. This is mostly credited to the snowballing consciousness of Botox treatment among consumers.
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Single-Use Bioprocessing Industry Will Reach $80.36 Billion By 2030 | CAGR 17.10 …
In 2022, the single-use bioprocessing market was worth around USD 22.73 billion, and it is projected to advance at a 17.10% CAGR from 2022 to 2030, hitting USD 80.36 billion by 2030, according to P&S Intelligence.
Conduits, vessels, and active consumables that come into interaction with process fluids just once are rejected, also denoted as single-use bioprocessing arrangements. In their most elementary form, they substitute stainless steel, plastic, and glass.
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Environmental Remediation Market To Reach USD 198.11 Billion by 2030
The total value of the environmental remediation market was USD 110.67 billion in 2022, and it will reach USD 198.11 billion by 2030, powering at a rate of 7.5% by the end of this decade.
Bioremediation technology dominated the industry in the past. This is mostly since there are no perilous chemicals used in this method. In most cases, it makes usage of nutrients, such as fertilizers to rouse the microbial…
Tokenization Market To Propel at a Mammoth Growth rate of Above 19% by 2030
The tokenization market had a value of about $2,591 million in 2021, and it will propel at a massive CAGR of above 19% in the years to come to reach over $12,684 million by 2030. The growth of the industry is chiefly credited to the increasing financial frauds and the growing requirement to protect payment gateways. Meeting safety standards to avert a data breach, although safeguarding the customer experience will…
Photonic Integrated Circuit Market Will Hit $41,037.7 Million Revenue by 2030
A photonic integrated circuit (PIC) is a microchip with photonic components, which are parts that work with light, as opposed to electrical elements that create a functional circuit and are found inside your computer, smartphone, and other electronic devices.
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The global photonic integrated circuit market is set to increase to $41,037.7 million by 2030. The market is being driven by the significant need for…
APAC Is Dominating the Air Compressor Market
The air compressor market was valued $30,366.3 million in 2021, and it is set to reach $45,888.0 million by 2030, growing at a CAGR of 4.7% between 2021 and 2030, according to a research report by P&S Intelligence.
The growth of this industry can be ascribed to the increasing demand for eco-friendly air compressors all over the world, technological enhancements, presence of advanced manufacturing facilities, and rapid industrialization.
Request for…
Wound Closure Products Industry Growth Analysis, Opportunities, Trends, Developm …
The wound closure products industry is projected to advance at a rate of 5.0%, to generate $10,148.7 million revenue in 2030. It is ascribed to technological advancements, increasing elderly population, rising incidence of diabetes, and surging healthcare expenditure.
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The worldwide rising number of surgeries and increasing usage of wound closure products propel the industry. The major factors contributing to the increasing volume of surgical procedures are the…
Orthodontic Supplies Industry Trends, Business Strategies, Regional Outlook, Cha …
The orthodontic supplies industry has garnered $5,206 million revenue in 2021, and it is projected to capture revenue worth $11,214 million in 2030, rising at a rate of 8.90% from 2021 to 2030.
Orthodontics supplies are equipment or devices used in tooth alignment or enhancing their appearance. It is usually for crooked, crowded, or protruding teeth. Major orthopedics supplies are fixed braces, removable braces, and related adhesives.
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Nerve Repair and Regeneration Industry Size, Share, Development and Growth Forec …
The nerve repair and regeneration market size will grow to $17.47 billion by 2030, at a 12.2% CAGR. In recent years, a number of devices and biomaterials used for repairing and regenerating the nerves have been cleared by the EMA, FDA, and other regulatory authorities. This, coupled with the favorable reimbursement policies in developed countries, has brought expensive neurological treatments within the reach of the masses.
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Over…
Immunotherapy Drugs Market Will Reach USD 210,752 Million by 2030 | CAGR 7.10%
In 2022, the immunotherapy drugs market was worth around USD 121,746 million, and it is projected to advance at a 7.10% CAGR from 2023 to 2030, hitting USD 210,752 million by 2030, according to P&S Intelligence.
The major factor behind the growth of the market is the global increase in the frequency of chronic diseases. As per the International Diabetes Federation, in 2021, around 537 million individuals between the ages…
Off-Highway Electric Vehicles Market Will Reach USD 97,754.1 Million by 2030
In 2021, the off-highway electric vehicles market was worth around USD 16,908.6 million, and it is projected to advance at a 21.5% CAGR from 2021 to 2030, hitting USD 97,754.1 million by 2030, according to P&S Intelligence. This growth can be ascribed to the increasing need for low-noise and emission-free machines.
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Construction applications held the largest market share of more than 60%,…
Why Trucks Are the Backbone of Ground Transportation in Europe?
A lot of people from nearby countries visit France to discover its iconic monuments, taste its great wines, wander in its lovely countryside, and participate in its haute cuisine, thus powering the requirement for transit buses in Western Europe at a high rate. The Central European heavy ground transportation vehicles market is experiencing growth and is projected to reach $66.6 billion by 2030.
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Heavy Ground Transportation Vehicles keep Thriving in Western Europe
The Western Europe heavy ground transportation vehicles industry by 2030, will be valued at USD 271.5 billion. Mainly because of automotive technology developments, rapid urbanization, and commercial activity development.
In 2020, in Europe, only 1% of new registrations were for zero carbon release heavy-duty vehicles (HDVs). Around 95% were battery-powered, and fuel-cell electric types of machinery were marginally existing.
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Why Are Trucks So…
Surgical Robots Industry Size, Leading Players, Development and Demand Forecast …
In 2021, the surgical robots market contributes $6,281.1 million, and the number is expected to grow and reach $30,067.2 million, advancing at a rate of 19% from 2022 to 2030, attributed to the rising requirement for hip and knee replacement surgeries, and the growing technological advancements.
Moreover, the increase in the demand for surgical robots, ascribed to the growing number of robotic surgeries, and the increased focus of governments and private…
Global Pharmacovigilance Industry Will Reach $15,259.8 Million Value by 2030 | C …
Vaccinations and medications have revolutionized the prevention and treatment of illnesses. Medicinal medicines may have effects in addition to their advantages, some of which could be unwelcome and unexpected.
Pharmacovigilance is the study and practice concerned with identifying, evaluating, comprehending, and avoiding side effects or any other issue with drugs or vaccines. Before being approved for use, all medications and vaccines undergo extensive clinical studies to assess their safety and efficacy.
Therefore,…
Mass Spectrometry Market Overview, Segment Analysis, Development and Demand Fore …
The mass spectrometry market is predicted to advance at a 6.4% CAGR from 2021 to 2030, hitting $7,492.1 million in 2030. The major reasons behind the growth of this market are the increasing expenditure in the healthcare sector and technological enhancement in MS.
The pharmaceuticals category is expected to grow the fastest, by around 8%, in the end user segment over this decade. MS has been a leading technology in pharmaceutical…
Neurostimulation Devices Industry Is Dominated by North America
As per a market research company, P&S Intelligence, the total value of the neurostimulation devices market in 2021 was USD 6,095.2 million, and it will advance at a rate of 9.9% by the end of this decade, for reaching USD 14,239.5 million by 2030.
Buyers in the industry, include clinics, nursing homes, hospitals, patients, and academic research organizations. Due to the increasing occurrence of neurological diseases and chronic pain, there is…
Beauty Devices Market To Reach USD 311,095.1 Million in 2030 | CAGR 21.3%
According to a report by P&S Intelligence, the value of the beauty devices market was USD 66,336.5 million in 2022, and it will touch USD 311,095.1 million in 2030, with a CAGR of 21.3% in the years to come.
The increasing consciousness pertaining to the advantages and safety of energy-based aesthetic devices, particularly laser-based instruments, is a main factor driving the industry.
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Laser skin tightening has got…
Low VOC Adhesives Market To Touch Value of USD 81.1 Billion by 2030
The total size of the low VOC adhesives market was USD 47.6 billion in 2021 and it will advance at a compound annual growth rate of 6.1% in the years to reach USD 81.1 billion by 2030, as per a report by a market research firm, P&S Intelligence.
The paper and packaging industry is the main user of low VOC adhesives, holding over 30% shares, subsequently the building & construction and…
LTCC and HTCC Market Is Predicted To Reach USD 4,125.6 Million by 2030
High-Temperature Co-Fired Ceramics (HTCC) and Low-Temperature Co-fired Ceramics (LTCC) applications fall under co-firing. The sintering temperature of LTCC is less than 900°C. This makes it possible to co-fire extremely conductive materials.
The temperature for HTCC is greater, at around 1,600°C. Further, HTCC components typically consist of numerous layers of alumina or zirconia metalized with tungsten, platinum, and molybdenum.
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By 2030, it is predicted that…
Mobility-as-a-Service Market To Reach USD 519,697.5 Million by 2030
As stated by a market research firm, P&S Intelligence, the total size of the mobility-as-a-service market was USD 128,489.2 million in 2021, and it will power at a rate of 16.8% in the years to come to reach USD 519,697.5 million by 2030.
The daily commuting category was the largest and it will grow at the highest growth rate, of over 17%. The growth of this category can be credited to…
Patient Handling Equipment Market Insights, Leading Players, Growth and Demand F …
The patient-handling equipment industry has garnered USD 12,599.5 million revenue in 2021, and it is projected to rise at a rate of 2.6% from 2021 to 2030, to generate USD 15,917.8 million revenue in 2030. It is led by the worldwide rising obese and elderly population, increasing incidence of injury in manual patient handling, and technological advancements in patient management devices for ergonomics improvement.
In addition, the implementation of government regulations…
Medical Aesthetics Market Share, Growth, Development and Demand Forecast to 2030
It is a wish of everyone to have a beautiful appearance and for that, he or she is not shy of going through any kind of treatments. Medical aesthetics or the non-surgical cosmetic treatments are different from the ordinary beauty treatments, one goes for. In this blog, we will focus on the medical aesthetics and not the conventional cosmetic treatment.
What is the Need for Medical Aesthetics?
Doctors, nurses, or dentists can…
Wound Care Biologics Market Growth, Development and Demand Forecast Report | P&S …
The global wound care biologics market revenue stood at $1.4 billion in 2018, and it expected to surge to $2.0 billion by 2024. According to the estimates of the market research company, P&S Intelligence, the market will progress at a CAGR of 7.0% from 2019 to 2024.
The surging population of geriatric people, growing prevalence of burns and accidents, soaring number of surgeries, and increasing occurrence of chronic wounds are…
Polyethylene Glycol Market To Reach USD 6,909.6 Million by 2030
The total value of the polyethylene glycol market was about USD 4,534.8 million in 2021, and it will grow at a CAGR of 4.8% in the years to come for reaching a value of USD 6,909.6 million by 2030, as per a report by P&S Intelligence.
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The PEG 400 category had the largest share, and it would grow at a momentous growth rate,…
The U.S. Bus Market Will Reach about $11,238 Million by 2030
The U.S. bus market size stood at over $7,453 million in 2021. This will increase to about $11,238 million by 2030, propelling at a growth rate of about 5% in the years to come.
This can be credited to the quick urbanization and rising population, together with the cumulative government outlay on the upgradation of vehicles for public transport. Furthermore, the obtainability of local, state, and centralized funding and the…
APAC Is Dominating Construction Adhesives Market
The size of the construction adhesives market was USD 9,101.5 million in 2021, and the figure is set to rise at a CAGR of 5.3% in the duration of 2021-2030, and to reach USD 14,541.9 million by the end of this decade, as per P&S Intelligence.
This can be credited to the rising construction sector, and snowballing demand for low-VOC adhesives, including water-based adhesives and pressure-sensitive adhesives.
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Nitrogen Enhances Flavor Consistency and Aromatics in Beverages
In 2021, nitro-infused beverages contribute $69.17 million, and it is projected to generate $366.07 million in revenue in 2030, advancing at a rate of 20.3% from 2021 to 2030. It is attributed to the increasing demand for nitro-infused beverages which includes changing consumer preferences, high demand for newly launched products, and growing disposable income of the population.
In addition, customers are required to pay extra for flavored and textured products.…
Rising Popularity of Convenience Food Boosts Glutamic Acid Demand
The glutamic acid industry contributes $10,496.0 million in 2021, and it is projected to generate $19,443.5 million in 2030, advancing at a rate of 7.1% from 2021 to 2030. Glutamic acid is an amino acid utilized for the production of proteins.
The glutamic acid is widely used in the food and beverage industry as an enhancer or additive. Besides this, it is also used in the animal feed, due to…
U.K. Data Center Market To Reach USD 13,270 Million by 2040
As per a report by P&S Intelligence, it was stated that the total size of the U.K. data center market was USD 7,711 million in 2022, and it will power at a rate of 3.06% in the years to come, to touch USD 13,270 million by 2040.
The rapid acceptance of cloud-based solutions, surge in the access to 5G network connectivity, and huge data volumes being generated will power the growth…
Mining Automation Market To Reach USD 6,966 Million by 2030
The total revenue of the mining automation market was USD 4,116 million in 2022, and it will reach USD 6,966 million by 2030, powering at a rate of 6.80% in the years to come.
Equipment had the largest share of revenue, of over 42%, in 2022. This is since various equipment is put to use for mining processes, such as autonomous drilling rigs, autonomous hauling systems, tunneling equipment, underground LHD…
