Press releases

The global flexible printed circuit boards market size is estimated to be USD 26.8 billion, by the end of 2025, and is projected to grow at the CAGR of over 11.2% during the forecasted period, 2019 to 2025, according to the new report by Million Insights. Increasing demand for the compact electronic devices is mainly boosting the growth of flexible printed circuit boards (PCB).

The global eyewear market size is likely to account for USD 255.3 billion by 2027, according to a new report by Million Insights. It is projected that the market would register over 8% CAGR from 2020 to 2027. With the increasing penetration of smartphone, TV, laptop and other such devices, there has been a rise in cases of myopia, which, in turn, has supplemented the market demand for eyewear.

The global positioning systems (GPS) market size is projected to account for USD 146.4 billion by the end of 2025, with a CAGR of 18.4%, according to a new report by Million Insights. Growing adoption of digital platforms such as e-commerce, e-hailing, online food delivery, digital payments and cab services are expected to fuel the demand for GPS-enabled devices during the forecast period, 2018 to 2025. Furthermore, the increasing applications of GPS devices in the military, transportation, construction, aerospace and agriculture industries are projected to create huge growth opportunities for the market in the forthcoming years.

The global critical infrastructure protection (CIP) market is anticipated to value USD 135.48 billion until 2025. It is also expected to register a CAGR of 10.1% over the forecasted years, 2017 to 2025. The rising awareness about securing data and cyberspace related to national interest is expected to trigger the market growth for CIP solutions.

The global ready to drink (RTD)/high strength premixes market size is anticipated to be valued USD 25.96 billion in 2025, according to a new report by Million Insights. The market is projected to register 4.5% CAGR over the forecast duration. The growing popularity of ready to drink beverages is driving market growth. Further, the rising popularity of beverages with low alcohol content is spurring product demand. 

The global amusement parks market is projected to reach USD 70.83 billion by 2025 and registering a CAGR of 5.8% during the forecast period, from 2018 to 2025, according to a new report by Million Insights. Growing developments of resorts and hotels in parks and rising spending capacity of consumers across the globe are the major factors driving the market growth.

The global women wear market size is likely to account for USD 1,913.88 billion in 2025, as per a new report by Million Insights. The market is projected to witness 4.2% CAGR from 2019 to 2025. Changing fashion trend and growing awareness about latest fashion among millennials are driving the growth of the market. In addition, the rise in the number of working women is likely to spur product demand in the coming years.

The global smart ticketing market size is anticipated to account for USD 33.7 billion by the end of 2026 and is estimated to grow at compound annual growth rate of 14.9% during the forecast period 2019 to 2026, according to the new report by Million Insights. In travel & tourism, rising demand for e-ticketing tools due to its greater convenience is projected to spur market growth. In addition, the growing adoption of online transaction system and intelligent transportation system are expected to boost market growth.

The global data collection and labeling market size is projected to reach USD 6.5 billion by 2027 and registering 26.0% CAGR over the forecast period from 2020 to 2027, according to new report by Million Insights. Data collection &label is a process which involves the collection of datasets from online as well as other sources and labeling them as per feature, data type and nature

The global fuel cell market size is anticipated to touch USD 33.09 billion by 2027. The market is likely to exhibit 15.5% CAGR from 2020 to 2027, as per a report published by Million Insights. Increasing focus on the development of unconventional energy sources to reduce the carbon emission is attributing to the growth of the market.

The global dashboard camera market is anticipated to value USD 7.5 billion until 2027. It is also expected to register a CAGR of 12.9% over the forecasted years, 2020 to 2027. Rising awareness for ensuring vehicle and passenger safety is expected to drive the demand for dashcams in the upcoming years.

The global aluminum curtain wall market size is anticipated to touch USD 65.7 billion by 2027, expanding with over 9% CAGR as per a new report by Million Insights. Growing focus on exterior wall protection coupled with increasing construction of the residential and commercial building is driving the product demand. In addition, rising demand for the energy-efficient wall is further bolstering market growth.

The global automotive chip market is anticipated to value USD 56.24 billion until 2025. It is also expected to register a CAGR of 10.7% over the forecasted years, 2017 to 2025. Increasing demand for infotainment, navigation, and lighting systems among luxury vehicles for enhancing driver and passenger experience is projected to drive the market growth for automotive chips.

The global organic rankine cycle (ORC) market size is anticipated to value USD 954.1 million until 2025. It is also expected to register a CAGR of 9.71% over the forecasted years, 2019 to 2025. The need for green technologies that can reduce the global pollution level is projected to drive the market growth for ORCs.

The global microcontroller market size is estimated to account for USD 47.74 billion by 2027. The market is projected to register over 10% CAGR from 2020 to 2027, as per a new report by Million Insights. Growing automation across several industries, the emergence of industry 4.0 and AI-integration are the key factors driving the demand for the microcontroller in the industrial application. In addition, consumer electronic is one of the major end-users of the microcontroller. Over the past few years, the demand for consumer electronics has increased manifold across regions.

The global halloysite market size is estimated to attain USD 50.21 million by the end of 2025, registering a CAGR of 7.2% over the forecast period 2018 to 2025, according to a new report by Million Insights. Growing construction sector across Asia Pacific is contributing to increased demand for ceramics, which is projected to boost the market growth.

The global self-service technology market size is anticipated to account for USD 46.03 billion by 2027, growing with 6.7% CAGR over the forecast duration, as per a new study by Million Insights. The growth if the market is attributed to the several benefits offered by the self-service technologies to both consumers and businesses.

The global video conferencing market is estimated to attain USD 8.56 billion, by the end of 2027, and is anticipated to grow at a CAGR of 9.9% over the forecasted period, 2020 to 2027, according to a new report by Million Insights. Increasing demand for video solutions in organizations, educational institutes especially in developing countries is projected to support the market growth.

According to Million Insights, the global power bank market size is projected to account for USD 27.8 billion by 2027 and is expected to grow with 18.4% CAGR over the forecast period, from 2020 to 2027. Currently, the power bank has become an essential mobile accessory. Therefore, market players are striving to offer advanced power banks for their customers at affordable prices. Further, factors such as insufficient smartphone battery capacity and growing usage of the internet are driving the demand for power banks across the globe.

The global virtual reality market is anticipated to value USD 62.1 billion until 2027. It is also expected to register a CAGR of 21.6% over the forecasted years, 2020 to 2027. Shifting trend towards the adoption of VR technology for enhancing user experience is expected to trigger the market growth for virtual reality.