Press releases

The global smart fitness devices market size is anticipated to reach USD 29.4 billion in the year 2025. This can be attributed to increasing health awareness among the millennial population coupled with the advances being made in technologies for tracking physical activities of the users. The smartwatch segment is expected to register the highest growth rate during the forecasted years owing to variety of functions being offered by these watches. 

The global geotextiles market is anticipated to reach USD 11.3 billion by the end 2027, according to a new report released by Million Insights. It is projected to grow at a CAGR of 11.9% from 2020 to 2027. Rising demand for geotextiles to control soil erosion and rising adoption for construction of roads and other infrastructural projects such as railways and drainage systems owing to its high tensile strength are some of the major forces driving the market growth over the forecast period.

The global drone-powered business solutions market size is projected to touch 84.31 billion by the end of 2025, as per the report released by Million Insights. Drones are extensively preferred for a wide array of applications such as data collection, security and surveillance, and agriculture. Businesses worldwide are developing new applications of drones in their daily operations.

The global cellular IoT market size is projected to touch USD 9.65 billion by the end of 2025, as per the report released by Million Insights. It is projected to ascend with a CAGR of 21.4% from 2017 to 2025. Factors such as advancements in IoT and the development of machine-to-human and machine-to-machine communication are projected to bode well for market growth. The growing penetration of cellular connectivity and the easy accessibility of vast networks, mobile connectivity is predicted to gain traction in the market over the forecast duration.

The global brazed plate heat exchangers market size is anticipated to reach USD 1.4 billion by the end of 2025. It is anticipated to register growth with a CAGR of 7.5% during the forecasted period, 2019 to 2025. This growth can be attributed to the rapid urbanization and increasing infrastructure development which in turn is fueling the demand for refrigeration and air conditioning systems across the globe.

The u.s.heavy movable bridges market size is anticipated to generate revenue of USD 4,665.6 Million by the end of 2025. It is anticipated to witness a CAGR of 13.0% during the forecasted period. This growth can be attributed to the large investments being made across the infrastructure industry for enhancing the transportation sector.

The global fabric softeners and conditioners market size is projected to touch USD 22.72 billion by the 2025, according to a new report by Million Insights. It is anticipated to grow at a CAGR of 4.7% through the forecast period of 2019-2025

The global digital camera market is anticipated to reach USD 19.77 billion by the end 2020, according to a new report released by Million Insights. Rising popularity of posting pictures on social media platforms is anticipated to drive the market growth. Moreover, low penetration of digital cameras in countries such as India and Brazil is projected to create potential growth opportunities for the key market players.

The global passion flower extracts market size is projected to touch USD 3.62 billion by the year 2025, according to a new report by Million Insights. It is anticipated to grow at a CAGR of 5.2% through the forecast period of 2019-2025.

The global baselayer compression shirts market size is projected to reach USD 507.2 million by 2025, according to a new report by Million Insights. The market is expected to grow at a CAGR of 5.1% over the forecast duration. The growing popularity of different sports activities coupled with a focus on healthy lifestyle has attributed to the market growth over the forecast period. Further, various properties 

The global voice and speech recognition market size is projected to value at USD 31.82 billion by 2025, as per a new report published by Million Insights, with a CAGR of 17.2% from 2018 to 2025. The need for voice-enabled systems, virtual assistant equipment and devices are expected to accelerate in the near future due to their increasing applications in the automobile and BFSI sectors.

The global smart toilet market size is anticipated to touch USD 12.7 billion by 2025, according to a new report by Million Insights. The market is estimated to expand at a CAGR of 10.3% from 2019 to 2025. Growing awareness about proper hygiene across the world is attributing to the growth of the market.

The global spring market size is anticipated to reach USD 33.3 billion by the end 2027, according to a new report released by Million Insights. The market is anticipated to grow at a CAGR of 4.5% from 2020 to 2027. This growth is attributed to rising demand for springs across various end-use industries such as automobiles, aerospace, transportation, agriculture & forestry, and manufacturing.

The global ship-to-shore cranes market size is projected to value at USD 3.29 billion by 2025, according to a new report published by Million Insights, with a CAGR of 4.8% from 2017 to 2025.Increased container traffic and large-sized vessels are anticipated to surge market growth. Higher port throughput-peaks have led to numerous installations of STS cranes to enhance the speed of the container. 

The global Japanese whisky market is estimated to reach USD 1.1 billion, by 2025, and is projected to grow at a CAGR of 9.4% from 2019 to 2025, according to a new report by Million Insights. Growing consumer inclination towards imported spirits and rising awareness about aged whisky is propelling the demand for the product in the alcohol market.

The global smart speakers marketsize is projected to value atUSD 39.3 billion by 2025, according to a new report published by Million Insights, with a CAGR of 38.7% from 2018 to 2025. The feature of the smart speaker to operate as a centralized hub that can control different smart home devices is predicted to gain traction among the consumers.

The global aramid fiber market size is projected to touch USD 6.8 billion by the end of 2027, as per the report released by Million Insights. It is projected to ascend with a CAGR of 8.2% from 2020 to 2027.Excellent properties such as high strength, superior resistance to chemical and heat, and stability of aramid fiber are predicted to bode well for the market growth over the estimated duration.

The global silt curtain market size is anticipated to reach USD 9.4 million in the year 2025. It is anticipated to register growth with a CAGR of 3.9% during the forecasted period, 2019 to 2025. This growth can be associated with rising awareness about environmental degradation owing to construction activities near the shores of water bodies.

The global heavy construction equipment market size is anticipated to reach USD 90.4 billion by the end of 2025. It is anticipated to register growth with a CAGR of 5.4% during the forecasted period, 2017 to 2025. This growth can be associated with increasing number of construction activities across the globe.

The global direct attach cable market size is projected to touch USD 13.3 billion by the end of 2025, as per the report released by Million Insights. It is projected to ascend with a CAGR of 36.4% from 2018 to 2025.The rising preference for direct attach cables for the purpose of data storage is predicted to fuel the product demand over the estimated period.