Press releases

The global military & commercial parachutes market size is projected to value USD 930.4 million until 2025. It is expected to register a CAGR of 6.1% over the forecasted years, 2019 to 2025. The rapid technological advances being carried out for enhancing international securities and shifting inclination towards aerial sports is anticipated to drive the market growth.

The global location-based entertainment market is projected to value USD 7.8 billion until 2025. It is expected to register a CAGR of 32.1% over the forecasted years, 2019 to 2025. The increasing preference to gain realistic gaming experience prevailing among the millennial population is projected to propel the market growth.

The global gaskets and seals market is estimated to reach USD 74.2 billion, by 2025, and is projected to grow at the CAGR of 3.7% from 2019 to 2025, according to a new report by Million Insights. The increasing demand for seals & gaskets in semiconductor manufacturing and fluid transmission application is projected to propel the market growth.

The global automotive steel market is projected to reach USD 130.07 billion by 2025, according to Million Insights. The market is expected to grow with the 3.2% CAGR above the forecast period, from 2019 to 2025. Increasing demand for lightweight vehicles coupled with the expansion of production facilities in Asia Pacific is expected to drive the growth of automotive steel market over the forecast period.

The global humidity sensor market size is estimated to reach USD 1.5 billion, by the end of 2025, and is projected to grow at a CAGR of 7.8% over the forecast period from 2019 to 2025, according to a new report by Million Insights. The standard regulations are made by the organizations like Environmental Protection Agency (EPA), and FSSAI for food standards for the quality and safety of food. This has triggered need for processed food, which is stored under ambient moisture.

The global education and learning analytics market size is estimated to attain USD 49.12 billion, by the end of 2025, and is anticipated to grow at a CAGR of 17.4% from 2019 to 2025, according to a new report by Million Insights. Growing trend of e-learning practices such as learning management systems, mobile learning is expected to propel the market growth. These learning technologies improve the teaching and student efficiency.

According to a new report by Million Insights, the Asia Pacific video streaming market size is anticipated to touch USD 31,054.1 million by the end of 2025. The market is projected to exhibit a CAGR of 20.7% over the forecast duration. Increasing preferences for on-demand video content coupled with increasing consumption of online consumption of videos through online platforms are anticipated to bode well for the growth of the market.

The global all-terrain vehicle market size is projected to touch USD 4.8 billion by the end of the forecast year 2025, as per a new report published by Million Insights. It is estimated that the market would exhibit a CAGR of 3.1% from 2019 to 2025. The increasing number of off-road terrain, trails and development of parks for recreational purpose are attributing to the growth of the market. 

The global simulation software market size is projected to value USD 21.33 billion until 2025. It is expected to register a CAGR of 16.98% over the forecasted years, 2019 to 2025. The rapid technological advances being carried out for virtual testing of vehicles and aircrafts is projected to drive the market growth across the globe.

The global security market size is projected to reach USD 167.12 billion by 2025 and is expected to grow with 10.3% CAGR over the forecast period, from 2019 to 2025. The adoption of security systems is gaining traction as these systems offer high quality surveillance along with optimized distortion.

The global 3D projector market is anticipated to value USD 4.34 billion until 2025. It is also expected to register a CAGR of 5.4% over the forecasted years, 2019 to 2025. The rapid technological advances being carried out for enhancing the viewer’s experience and is projected to drive the demand for 3D projectors over the forecasted period, 2019 to 2025.

The global 3D metrology market is projected to value USD 12.6 billion until 2025. It is expected to register a CAGR of 8.8% over the forecasted years, 2019 to 2025. The rapid technological advances being carried out for product development to enhance the accuracy and precision of components are projected to drive the market demand for 3D metrology across the globe.

The global natural language generation market size is estimated to be worth USD 1,150.9 million by 2025, according to a new report by Million Insights. The industry is expected to witness substantial growth with a CAGR of 19.8% over the forecast period. The NLG solution handles the generation and production of text and speech.

The global lead acid battery market size is estimated to touch USD 93.04 billion by the end of 2027, as per a new report published by Million Insights. The market is predicted to exhibit 5.9% of CAGR over the forecast duration. The growing use of lead acid batteries in various end-user industries such as gas turbine, hospitality, manufacturing, mining, construction and healthcare is anticipated to propel the growth of the market.

The global industrial vending machine market size is projected to reach USD 4.6 billion by 2027, according to Million Insights. Increasing need for cost reduction among companies is anticipated to drive the market growth in the next few years. These machines help to reduce operational downtime by managing their inventories efficiently.

The global self-driving/autonomous cars and trucks market size is projected to touch 4,223 thousand units by the end of 2030, as per a new report published by Million Insights. The market is anticipated to register a CAGR of over 63% over the forecast duration. Various networking systems and sensors help facilitate autonomous driving. Thus, major players such as Tesla Motors and Google LLC are investing huge on research and development activities.

The global volumetric display market is estimated to reach USD 705.9 million, by the end of 2025, and is projected to grow at the CAGR of 28.5% over the forecast period, between 2019 and 2025, according to a new report by Million Insights. Several display attributes such as 360° angle view, aerial imaging, and auto stereoscopic abilities are projected to propel the demand for the product in the next few years.

The global tea-based skin care market size is projected to touch USD 278.4 million by 2025, according to a new report by Million Insights. It is anticipated to grow at a CAGR of 7.5% through the forecast period of 2019 to 2025. Increasing awareness regarding the benefits of tea-extracts in skincare products is driving the growth of the industry. The presence of vitamin B, antioxidants, vitamin E, caffeine, folate, manganese, magnesium and potassium in tea-extracts helps in keeping the skin hydrated, reducing the occurrence of acne, clogged pores, eczema and signs of aging

The global passport reader market is anticipated to value USD 395.97 million until 2025. It is also expected to register a CAGR of 11.3% over the forecasted years, 2019 to 2025. The rapid technological advances being carried out for developing security systems to validate and authenticate information about travelers is projected to drive the market demand for passport readers across the globe.

The global aircraft MRO market is estimated to attain USD 104.46 billion, by the end of 2025, and is anticipated to grow at a CAGR of 4.7% from 2019 to 2025, according to a new report by Million Insights. The increasing number of aircraft OEMs in the maintenance and repair sector is expected to boost the market growth.