Press releases

The global fast food & quick service restaurant market size is anticipated to touch USD 383.81 billion by 2027, as per a new report by Million Insights. It is estimated that the market would register over 5.1% CAGR during the forecast years. However, the market is projected to see a major shift owing to the outbreak of COVID-19.

The global LPG market size is anticipated to value USD 164.36 billion until 2027. It is also expected to register a CAGR of 4.4% over the forecasted years, 2020 to 2027. Increasing awareness about reducing environmental pollution caused due to the combustion of conventional energy sources is expected to propel the market growth.

The Americas high-purity limestone market is projected to account USD 1.3 billion by the end of projected period, 2025 and registering 6.9% CAGR over the forecast period from 2018 to 2025, according to Million Insights. Growing metallurgical operations is expected to drive the high-purity limestone market growth in North America.

The global air electrode battery market size is estimated to account for USD 2.02 billion by 2027, according to a new report by Million Insights. The market is predicted to register 9.0% CAGR over the forecast duration. Increasing use of air electrode battery in various end-use applications and rising expenditure on research and development are driving the product demand.

The global heparin market is anticipated to value USD 7.4 billion until 2026. It is also expected to register a CAGR of 1.6% over the forecasted years, 2019 to 2026. An increase in the number of cases associated with deep vein thrombosis, renal diseases, and cardiovascular disorders is anticipated to drive the market growth.

The global freeze drying equipment market size is estimated to reach USD 2.77 billion, by the end of 2025, and is projected to grow at a CAGR of 8.7% over the forecast years, 2019 to 2025, as per a new report published by Million Insights. The launch of new biological drugs and injectable formulations coupled with rising demand from the food industry is boosting the market growth.

The global subcutaneous drug delivery devices market size is anticipated to value USD 46.6 billion until 2027. It is also expected to register a CAGR of 10.4% over the forecasted years, 2020 to 2027. The need for reducing needle injuries and surging prevalence of self-administrative drug delivery is projected to propel the market growth.

The global thermoform packaging market size is anticipated to account for USD 55.13 billion by 2025, as per a new market report by Million Insights. The market is predicted to register 4.7% CAGR over the forecast years. Increasing demand for packaging from various end-use industries such as pharmaceuticals, electronics, cosmetics and others are driving the market growth.

The global LPG tanker market size is estimated to be valued USD 295.5 million by 2027, according to a new report by Million Insights. The market is projected to grow at 6.0% CAGR over the forecast duration. Supportive initiatives by governments to replace the coal as a fuel owing to increasing concern pertaining to greenhouse gas emission are anticipated to drive the market growth over the forecast years.

The global IoT security market size is projected to account for USD 9.88 billion by 2025 and is expected to grow with 29.7% CAGR over the forecast period from 2018 to 2025, according to a new report by Million Insights. Stringent regulations by governments about data privacy which is collected by IoT devices from several sectors such as healthcare, BFSI, and retail are projected to drive the market growth during the forecast period.

The global blockchain technology market is estimated to reach USD 57,641.3 million, by the end of 2025, and is anticipated to grow at a CAGR of 69.4% over the forecast period, 2019 to 2025, according to a new report by Million Insights. Blockchain technology helps to monitor all types of cryptocurrency transactions. This technology works as a record-keeping & electronic transaction & record processing system.

The global aluminium extrusion market is expected to reach USD 91.67 billion, by 2027, according to Million Insights, registering CAGR of 3.8 % over the forecast period, from 2020 to 2027. Increasing demand from the energy and electrical sector is a major factor driving the market growth. In 2020, the market growth is expected to hamper due to the COVID-19 pandemic.

The volume of the global natural gas fired electricity generation market is estimated to touch 70,500.0 MW by 2027, as per a new report by Million Insights. The market is estimated to register 4.71% CAGR over the forecast years. Factors such as increasing energy demand across the globe, rise in the production of natural gas and favorable government initiatives are propelling the market growth. 

The global high performance computing (HPC) market size is projected to reach USD 53.65 billion by 2027 and registering a CAGR of 6.5% during the forecast period from 2020 to 2027, according to a new report by Million Insights. HPC is categorized into High-Performance Business Computing (HPBC) and High-Performance Technical Computing (HPTC). HPTC has high adoption inengineering field for simulation, modelling, and computational fluid dynamics.

The global hibiscus flower powder market size is projected to account for USD 160.2 million by 2025, as per a new report by Million Insights. The market is estimated to register 6.1% CAGR over the forecast years. Increasing use of the products in applications such as pharmaceuticals, cosmetics and food & beverages is driving the growth of the market. 

The global vertical farming produce market is anticipated to value USD 6.46 billion until 2027. It is also expected to register a CAGR of 25.7% over the forecasted years, 2020 to 2027. The surging need to cater to increasing food demand across the globe is projected to drive market growth.

The global energy management system market size is projected to account for USD 117.83 billion by 2025 and registering a CAGR of 17.1% over the forecast period from 2019 to 2025, according to a new report by Million Insights. Increasing number of smart city projects across the globe is expected to drive the market growth over the forecast period. The selection of proper vendors is important for monitoring and implementing EMS solutions. Installing energy meters in critical areas and creating an interactive communication program for end-users haveresulted in advanced monitoring of insights.

The global telecom millimeter wave (MMW) technology market is estimated to reach USD 7.38 billion, by 2027, and is anticipated to grow at a CAGR of 37.01% over the forecast period, 2020 to 2027, according to a new report by Million Insights. Millimeter waves operate between frequency spectrum band 30 GHz to 300 GHz and has the capability to transmit large data. 

The global steel pipes & tubes market is anticipated to value USD 231.1 billion until 2027. It is also expected to register a CAGR of 6.2% over the forecasted years, 2020 to 2027. The increasing demand for liquid fuels and the need for their transportation are projected to drive market growth.

The global vehicle access control market is estimated to reach USD 17,257.9 million, by 2025, and is projected to grow at a CAGR of 10.6% from 2019 to 2025, according to a new report by Million Insights. The increasing concerns regarding security & safety measures in the vehicle from developing & developed countries are projected to foster the need for the access control systems in vehicles.