ReleaseWire Connect

Medical Electronics Market size is set to exceed USD 148 billion by 2024; according to a new research study published by Global Market Insights, Inc.

Cell Line Development Market size is set to exceed USD 7.5 billion by 2024; according to a new research report by Global Market Insights.

Additive Manufacturing with Metal Powders Market will surpass USD 1.1 Billion by 2024; according to a new research report. Increasing application scope for additive manufacturing with metal powders in fabricating end-use products in automotive, oil & gas, aerospace, medical implants and dental restoration application should stimulate product demand. Rising importance towards functional and light weight integrated parts in aerospace & automobile industry to reduce emissions should drive industry growth.

In the Crane Market, the oil & gas industry accounted for around 20% of the overall revenue and is anticipated to grow at a steady rate over the forecast timespan. The rise in the adoption of mobile Crane Market is expected to accelerate owing to the expansion in the cement plants and infrastructure development. The construction and transportation sectors are the major segments contributing toward the adoption of mobile cranes with many on-going projects.  

According to its strength segment, rapid strength concrete with compressive strength above 80 MPa has the major application in the pavement of highways and airfields because of its quicker drying rate and durable nature. This concrete would witness a high surge in its demand in India in the future due to the upcoming world bank funded highway projects in India. Various airfields, runways and airports are being constructed and renovated in various states in India which would boost the rapid strength concrete market till 2024.

Pressure Sensitive Adhesives Market will surpass USD 11 billion by 2024. Growing packaging market in emerging economies will surge the demand for pressure sensitive adhesives market in forecast period. These products are extensively used in manufacturing of tapes, labels, graphics, films, laminates and others. PSA labels play a pivotal role in packaging industry owing to the government regulation to provide various information about the food, medicine, cosmetics, etc.

UK electric underfloor heating market is set to grow over 7% owing to growing measures toward improvisation of energy security by reducing the energy consumption

The firewall appliances sector holds majority of the firewall as a service market share with approximately 22% CAGR estimation from 2017 to 2024. Traditionally, proxy servers and stateful inspection firewalls were used to protect the servers and network. However, with the change in the attacks and spreading its reach, internal networks require more protection than traditional ways. The UTM and NGFW were used to protect enterprises from internal and external network attacks.

Global IoT Infrastructure Market growth will be driven by rising demand for customized services to manage the systems in IoT network. Professional service providers with technical expertise provide end-to-end services and deploy the technological solutions in order to increase the operational efficiency. Furthermore, increasing adoption professional services by the users to reduce the total cost of ownership contributes to the segment growth. Increasing government initiatives for smart cities across China, India and Singapore offers opportunities to the service providers to invest in these markets.

Global Soluble Fibers Market will surpass USD 5.5 billion by 2024; according to a new research report by Global Market Insights, Inc. High growth in the global functional food & beverages industry will be the major growth enabler for the soluble fibers market. Functional foods provide benefits beyond basic nutrition such as improving digestion, burning excess fat, etc. Proliferating demand for the nutrient-rich functional foods made from soluble fibers in the developed countries over conventional food products is a result of growing awareness in these regions. The global functional foods industry generated revenues above USD 250 billion in 2016 and is likely to surpass USD 400 billion by 2024, driven by a high demand in the developed parts of Western Europe and the U.S. owing to higher income levels and ability to spend on health & nutrition products. A rapidly ageing population in European countries will also increase demand for soluble fiber based functional food products in coming years as they provide benefits such as better digestion & bowel movement, and blood pressure as well as cholesterol regulation.