Press Release


Alumina Market size worth over $55 billion by 2027

September 28, 2021

According to a new research report by Global Market Insights Inc., the Alumina Market size is expected to cross USD 55 billion by 2027 due to the cost-effectiveness, high production ability, and rising downstream applications.   Alumina is a synthetically produced crystalline or powdered substance, commonly used to prepare silvery-white aluminum. Rising public health concerns coupled with...

Automatic Pill Dispenser Market worth over $4bn by 2027

September 28, 2021

Automatic Pill Dispenser Market size is set to surpass USD 4 billion by 2027, according to a new research report by Global Market Insights Inc.   Growing elderly population is expected to positively impact the market, since the number of dependent older people demanding quality care is rising. The geriatric population base is prone to chronic diseases due to declining protective immunity ...

Electron Microscope Sample Preparation Market worth over $740mn by 2027

September 28, 2021

Electron Microscope Sample Preparation Market size is set to surpass USD 740 million by 2027, according to a new research report by Global Market Insights Inc.   Growing life sciences industry will be a major factor contributing to the market growth. Rising pervasiveness of several chronic and infectious diseases has impelled the healthcare industry to rapidly drive research activities an...

Poultry Probiotic Ingredients Market size to exceed $130mn by 2027

September 28, 2021

Poultry probiotic ingredients market size is set to surpass USD 130 million by 2027, according to a new research report by Global Market Insights Inc.   Growing awareness regarding the importance of good health & optimum nutrition of poultry animals among poultry farmers owing to the increasing prevalence of livestock diseases & infections among poultry animals is likely to raise ...

Data Center Colocation Market worth over $145bn by 2027

September 28, 2021

Data Center Colocation Market size is set to surpass USD 145 billion by 2027, according to a new research report by Global Market Insights Inc.   The growing penetration of compute-intensive technologies, such as AI & IoT, is driving the market demand for edge data centers that offer faster data processing services to customers. A rapid increase in computing power and the adoption of ...

Automated Suturing Device Market worth over $950mn by 2027

September 28, 2021

Automated Suturing Device Market size is set to surpass USD 950 million by 2027, according to a new research report by Global Market Insights Inc. Growing number of accidents and trauma cases worldwide will impel the usage of automated suturing devices in the coming years. According to the WHO, around 1.3 million people die each year due to road traffic crashes. For each road accident-related d...

Cable Fault Locator Market worth over $1bn by 2027

September 28, 2021

Cable Fault Locator Market size is set to surpass USD 1 billion by 2027, according to a new research report by Global Market Insights Inc.   The market growth is attributed to the growing demand for underground cables across the globe. The growing demand for electricity across the globe is propelling the demand for high and medium-voltage cables. The increasing demand for power across ind...

Power Tools Market worth over $85 Bn by 2027

September 28, 2021

Power Tools Market size is estimated to reach USD 85 billion by 2027, according to a new research report by Global Market Insights Inc.   A significant shift toward cordless power tools across several industries, such as construction, automotive, manufacturing, and DIY, is a key driver of the power tools industry growth. The development in power tool technology, such as electric power too...

Alternative Protein Market Size for Food Application to exceed $155bn by 2027

September 28, 2021

Alternative Protein Market size for Food Application is set to surpass USD 155 billion by 2027, according to a new research report by Global Market Insights, Inc.   The global alternative protein market for food application is predicted to garner gains owing to growing consumer awareness toward alternative protein due to health and environmental concerns and animal welfare. The gradually ...

Europe Smart Water Meter Market size to exceed $3bn by 2027

September 27, 2021

Europe Smart Water Meter Market size is projected to surpass USD 3 billion by 2027, as reported in the latest study by Global Market Insights Inc.   Smart water meter measures water inflow and consumption while using wireless communication technique and IoT-enabled platform allowing remote connection to the distribution network & service utilities. Government initiatives and mandates ...

Europe Heat Meters Market size to exceed $848mn by 2027

September 27, 2021

Europe Heat Meters Market size is projected to surpass USD 848 Million by 2027, as reported in the latest study by Global Market Insights Inc.   The Europe heat meters industry is anticipated to witness a significant growth owing to extreme climatic circumstances together with unfavorable working conditions owing to low temperature. Strict government regulations pertaining to the decarbon...

Light Tower Market size to exceed $6bn by 2027

September 27, 2021

Light Tower Market size is anticipated to surpass USD 6 billion by 2027, as reported in the latest study by Global Market Insights, Inc.   The light tower industry is estimated to witness growth due to the rising number of infrastructural projects along with rapid ongoing programs for the development of smart cities. Surging requirements to execute transport-related maintenance & cons...

Paint Protection Films Market size to exceed $650 million by 2027

September 24, 2021

According to a new research report by Global Market Insights Inc., the Paint Protection Films Market size to exceed USD 650 million by 2027 owing to the rising preferences for a grim look and protection for automotive and building & construction.   Thermoplastic polyurethane is the fastest-growing material type owing to its relatively low cost and major use as a protection film. Curre...

Software Testing Market size worth over $60 Bn by 2027

September 24, 2021

Software Testing Market size is set to surpass USD 60 billion by 2027, according to a new research report by Global Market Insights Inc.   The growing demand for automated testing services to reduce the software development lifecycle is driving the software testing industry demand. The use of automation in testing provides the best coverage of the test suite and helps organizations in ach...

Stealth Coating Market size worth over $66.2 million by 2027

September 24, 2021

According to a new research report by Global Market Insights Inc., the Stealth Coating Market size is forecast to exceed USD 66.2 million by 2027 owing to the increasing demand for stealth coatings in various applications including aerospace, military weapons, cars, and smartphones, among others and the rising usage of stealth coating in military aircraft, weapons, missiles, and submarines.  ...

Health Insurance Market worth over $3.9Tn by 2027

September 22, 2021

Health Insurance Market size is set to surpass USD 3.9 trillion by 2027, according to a new research report by Global Market Insights Inc.   Increasing healthcare expenditures will stimulate the market growth during the forecast timeline. The rising number of cancer cases will add up the healthcare expenses by requiring surgical procedures. For instance, according to the American Cancer S...

Polyester Fiber Market size worth over $160 billion by 2027

September 22, 2021

According to a new research report by Global Market Insights Inc., the Polyester Fiber Market size is anticipated to exceed USD 160 billion by 2027 owing to the increasing spending to renovate interior residential spaces will cater to the need for home furnishing products. Furthermore, the growing trend of fashionable products and sustainable apparel will strengthen the product in the near future....

Underfloor Heating Market size to exceed $8.5 Bn by 2027

September 22, 2021

Underfloor Heating Market size is slated to reach USD 8.5 billion by 2027, as reported in the latest study by Global Market Insights Inc.   Rising disposable incomes, low running costs, and a significant reduction in heating bills are a few of the prominent features driving the demand for underfloor heating technology. Stringent government regulations to curb carbon emissions and long-ter...

Breast Milk Substitutes Market size worth over $144bn by 2027

September 22, 2021

Breast Milk Substitutes Market size is set to surpass USD 144 billion by 2027, according to a new research report by Global Market Insights Inc.   Increasing adoption of infant formula by working women coupled with rising awareness regarding breast milk substitutes in emerging countries will drive the market growth. Several initiatives are undertaken to support women education and empower...

Aircraft Evacuation Market worth over $1.5bn by 2027

September 22, 2021

Aircraft Evacuation Market Size is set to surpass USD 1.5 billion by 2027, according to a new research report by Global Market Insights Inc.   Increasing urbanization, growing business activities, and favorable government policies, such as low interest rates and liberalization in FDIs, are supporting the market growth. Rapidly evolving applications of aircraft evacuation systems, such as ...

United States Home Remodeling Market size worth $450 Bn by 2027

September 22, 2021

Home Remodeling Market size in the U.S. is anticipated to reach over USD 450 billion by 2027, according to a new research report by Global Market Insights Inc.   Rapid industrialization and increasing growth of population in developed cities create moderate crisis for affordable housings in the U.S., which will drive the home remodeling industry growth. Moreover, achieving longevity by re...

Global Formaldehyde Market size worth over USD 6,160 million by 2027

September 22, 2021

According to a new research report by Global Market Insights Inc., the Formaldehyde Market size is set to surpass USD 6,160 million by 2027.   Formaldehyde is an organic compound mainly produced from the catalytic oxidation of methanol in the presence of a metallic silver catalyst or molybdenum-iron. It is a strong-smelling colorless gas used to produce building materials and household pr...

Global Yacht Market size worth around $15 Bn by 2027

September 21, 2021

Yacht Market size is slated to reach over USD 15 billion by 2027, according to a new research report by Global Market Insights Inc.   Increasing government support in tandem with high private investments is driving the yacht industry demand. Rapid growth in digitalization and advancements in technologies to provide improved connectivity along with safety are supporting the market statisti...

Railway Aftermarket industry size to exceed $120 Bn by 2027

September 20, 2021

Railway Aftermarket industry size is predicted to reach USD 120 billion by 2027, according to a new research report by Global Market Insights Inc.   The growing railway network globally in conjunction with a large number of passengers using this mode of transportation is substantially contributing to the industry growth. Investments and accommodating government policies targeted toward th...

U.S. Residential Heat Pump Market size to exceed $22.2bn by 2030

September 17, 2021

U.S. Residential Heat Pump Market is expected to surpass USD 22.2 billion by 2030 as reported in the latest study by Global Market Insights, Inc.   The U.S. residential heat pump industry is set to grow owing to the increasing adoption of energy-efficient cooling & heating systems and the ongoing development of residential establishments. Favorable government policies to curb carbon e...

Fire Door Market size to exceed $17 Bn by 2027

September 16, 2021

Fire Door Market size is estimated to surpass USD 17 billion by 2027, according to a new research report by Global Market Insights Inc.   Rising safety awareness to minimize or reduce property damage is a key driver of the fire door industry growth. Government fire safety initiatives have also contributed significantly to the market. The installation of fire protection devices has increas...

Pressure Sensitive Tapes & Labels Market size worth over $130 billion by 2027

September 16, 2021

According to a new research report by Global Market Insights Inc., the Pressure Sensitive Tapes & Labels Market size is anticipated to reach USD 130 billion by 2027.   The packaging sector is one of the crucial segments in the pressure sensitive tapes and labels market owing to increased versatility in the market techniques related to packaging. Increasing foreign direct investments a...

Short-chain Fructooligosaccharides Market size to exceed $1.1bn by 2027

September 15, 2021

Short-chain Fructooligosaccharides Market size is estimated to exceed USD 1.1 Billion by 2027, according to a new research report by Global Market Insights Inc.   Increasing demand for sugar reduction and fiber enrichment in the food & beverage applications is driving the short-chain fructooligosaccharides industry growth. Product penetration in diverse applications such as food &...

Global Oxo Alcohols Market size worth over USD 25,250 million by 2027

September 15, 2021

According to a new research report by Global Market Insights Inc., the Oxo Alcohols Market size is set to surpass USD 25,250 million by 2027.   The oxo process, also known as hydroformylation of olefins, along with the synthesis gas is a major way to produce C3-C15 aldehydes, which are later converted to acids, alcohols, or other derivatives. The increasing reach & development expendi...

Outdoor Furniture Market size worth over $23.8 Bn by 2027

September 15, 2021

Outdoor Furniture Market size is forecast to exceed USD 23.8 billion by 2027; according to a new research report by Global Market Insights Inc.   The demand for outdoor furniture is increasing rapidly across residential as well as commercial sectors owing to the growing construction industry especially in North America and Asia Pacific With the rising demand for luxury residences, increas...

Pacemaker Market worth over $4.5bn by 2027

September 15, 2021

Pacemaker Market size is set to surpass USD 4.5 billion by 2027, according to a new research report by Global Market Insights Inc.   Availability of favorable reimbursement scenario and government policies for pacemakers & implantation procedures is projected to facilitate the market growth during the forecast period. In the U.S., Medicare and Medicaid programs have promoted reimburse...

Antidepressant Drugs Market worth over $22bn by 2027

September 14, 2021

Antidepressant Drugs Market size is set to surpass USD 22 billion by 2027, according to a new research report by Global Market Insights Inc.   Rising incidence rate of depression will augment the demand for antidepressant drugs during forecast period. The prevalence is attributed to social isolation, childhood enuresis, post-traumatic stress disorder, psychological burden due to chronic h...

Lignin Market size to exceed $1.14bn by 2027

September 14, 2021

Lignin Market size is set to surpass USD 1.14 billion by 2027, according to a new research report by Global Market Insights Inc.   Lignin is a natural polymer that occurs in the cell walls of woody plants. Dwindling reserves of fossil fuels and growing consumer concerns regarding greenhouse gas emissions have led manufacturers to seek renewable resources of raw materials to produce basic ...

Automotive Sensor Market revenue worth over $55 Bn by 2030

September 14, 2021

Automotive Sensor Market size is set to cross USD 55 billion by 2030, according to a new research report by Global Market Insights Inc.   Rising penetration of autonomous and semi-autonomous vehicles in logistics and transportation industries is boosting the automotive sensor industry demand. Growing safety concerns and developments in automotive technology have led governments around the...

Aerospace Composites Market size worth over $16bn by 2027

September 13, 2021

Aerospace Composites Market Size is set to surpass USD 16 billion by 2027, according to a new research report by Global Market Insights Inc.   The market is most critical in the overall composite industry owing to multiple regulations pertaining to aerostructures. Commercial aircraft, helicopters, military aircraft, business jets, spacecraft, and general aviation aircraft make generous ut...

Self-Checkout System Market worth over $6.5bn by 2027

September 13, 2021

Self-Checkout System Market size is set to surpass USD 6.5 billion by 2027, according to a new research report by Global Market Insights Inc.   The high demand for automated solutions that minimize human intervention during the checkout process will fuel the market growth. Self-checkout system solutions enable consumers to experience a seamless checkout procedure with minimal hassle and r...

Automotive Brake Caliper Market size worth over $13 Bn by 2027

September 13, 2021

Automotive Brake Caliper Market Size is expected to exceed USD 13 billion by 2027, according to a new research study published by Global Market Insights Inc.   Brake caliper manufacturers are focusing on enhancing their market shares by improving product visibility. The manufacturers are offering products through online portals and by developing long-term supply agreements. They are impro...

Home Standby Gensets Market size to exceed $8.5bn by 2027

September 13, 2021

Home Standby Gensets Market size is anticipated to surpass USD 8.5 billion by 2027, as reported in the latest study by Global Market Insights Inc.   Rising frequency and intensity of extended power disruptions due to unexpected weather conditions and grid inadequacy are set to drive the home standby gensets industry statistics. Increasing significance of reliable & uninterrupted elect...

Stroke Management Market worth over $48.5bn by 2027

September 13, 2021

Stroke Management Market size is set to surpass USD 48.5 billion by 2027, according to a new research report by Global Market Insights Inc.   Growing prevalence of cardiovascular diseases worldwide will impel the demand for stroke management products in the coming years. According to the American Health Association, globally, about 6.6 million people died due to stroke in 2019. Sedentary ...

Capnography Device Market worth over $873mn by 2027

September 13, 2021

Capnography Device Market size is set to exceed USD 873 million by 2027, according to a new research report by Global Market Insights Inc. Growing technological advancements in capnography devices is among the key factors fueling the penetration of these products across the globe. The use of capnography devices for accurate and efficient airway management has surged due to the advent of novel t...

Marine Lubricants Market size worth over USD 7,085 million by 2027

September 8, 2021

According to a new research report by Global Market Insights Inc., the Marine Lubricants Market size is anticipated to surpass USD 7,085 million by 2027.   Increasing trade with foreign shipbuilders has allowed the shipbuilding industry to improve the efficiency and quality of its R&D, management practices, and production processes. These developments have allowed shipyards to gradual...

Industrial Ethernet Market size worth over $120 Bn by 2027

September 8, 2021

Industrial Ethernet Market size is set to surpass USD 120 billion by 2027, according to a new research report by Global Market Insights Inc.   Surging need for improved technology and exploration of innovative methods to build a network for utilization of energy and electricity for industrial applications in likely to fuel the industry growth. Moreover, extensive penetration of IoT device...

Global Remodeling Market worth around $4,961.35 Bn by 2027

September 8, 2021

Remodeling Market size is expected to reach USD 4,961.35 billion by 2027, according to a new research report by Global Market Insights Inc.   Increasing construction spending and stringent government regulations to minimize energy consumption is likely to drive the remodeling industry statistics. Furthermore, the growing need to restructure and remodel aging infrastructure will augment th...

Wooden Furniture Market size to surpass $550 Bn by 2027

September 8, 2021

Wooden Furniture Market size is expected to exceed USD 550 billion by 2027, according to a new research report by Global Market Insights Inc.   The increasing consumer preference toward branded & readymade wooden furniture is positively influencing the industry statistics. The rising disposable income in conjunction with improving living standards is prominently impacting product pene...

Left Atrial Appendage (LAA) Closure Devices Market worth over $2.5bn by 2027

September 8, 2021

Left Atrial Appendage Closure Devices Market size is set to surpass USD 2.5 billion by 2027, according to a new research report by Global Market Insights Inc.   Technological advancements in left atrial appendage closure devices that are extensively used in treatment of atrial fibrillation is expected to promote the market growth. Existing and emerging diagnostic technologies have been in...

Cystic Fibrosis Therapeutics Market worth over $26.6bn by 2027

September 8, 2021

Cystic Fibrosis Therapeutics Market size is set to surpass USD 26.6 billion by 2027, according to a new research report by Global Market Insights Inc.   Growing awareness among people about cystic fibrosis and the availability of treatment and diagnosis will propel the market growth. Also, the increased incidences of cystic fibrosis are likely to increase demand for combination treatments...

Automotive Aftermarket industry in APAC to exceed $190 Bn by 2027

September 7, 2021

Asia Pacific Automotive Aftermarket size is estimated to cross USD 190 billion by 2027, according to a new research report by Global Market Insights Inc.   Rising vehicle sales in emerging nations will propel the regional industry revenue. The high disposable income in emerging countries will lead to the replacement market expansion. Growing e-commerce platforms for automotive parts and a...

Anti-Money Laundering (AML) Market size worth $5 Bn by 2027

September 7, 2021

Anti-Money Laundering Market size is set to surpass USD 5 billion by 2027, according to a new research report by Global Market Insights Inc.   Increasing adoption of solutions & services to safeguard the business from criminal groups and organized mafia is boosting the AML market growth. AML helps enterprises to detect suspicious transactions and customer data, providing important det...

Global Cyclodextrin Market size worth over USD 390 million by 2027

September 6, 2021

According to a new research report by Global Market Insights Inc., the Cyclodextrin Market size is set to surpass USD 390 million by 2027.   Cyclodextrins belong to the cyclic oligosaccharide’s family and are produced from starch by an enzymatic conversion. Cyclodextrins are mainly used in the pharmaceuticals, food & beverages, drug delivery, environmental engineering, chemical,...

Patient Infotainment Terminal Market worth over $297mn by 2027

September 3, 2021

Patient Infotainment Terminal Market size is set to surpass USD 297 million by 2027, according to a new research report by Global Market Insights Inc.   The market growth is attributed to the rising digitalization, increased per capita income, rising awareness regarding patient-friendly environment among others. In addition, innovators are developing advanced and user-friendly devices wit...

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