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Press releases
Published On: July 24, 2020

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.

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Published On: July 24, 2020

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.

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Published On: July 24, 2020

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.

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Published On: July 23, 2020

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.

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Published On: July 23, 2020

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.

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Published On: July 23, 2020

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.

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Published On: July 23, 2020

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.

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Published On: July 23, 2020

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

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Published On: July 23, 2020

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.

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Published On: July 23, 2020

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.

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Published On: July 22, 2020

The global honey Market size is estimated to reach USD 14.4 billion, by 2025, and is projected to grow at a CAGR of 8.0% from 2019 to 2025, according to a new report by Million Insights. The increasing awareness among consumers regarding health benefits linked with the consumption of honey products is expected to boost the market growth. Moreover, the product is also used as alternative to artificial sweeteners.

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Published On: July 22, 2020

The global makeup base market size is projected to touch USD 18.0 billion by 2025, according to a new report by Million Insights. It is anticipated to grow at a CAGR of 5.8% through the forecast period of 2019 to 2025. Increasing awareness among consumers regarding their physical appearance along with increasing buying power in emerging economies like India, Brazil and China is propelling the demand for makeup base all across the globe.

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Published On: July 22, 2020

The U.S. digital signage market is projected to reach USD 7.8 billion by 2027 and anticipated to grow with 6.4% CAGR over the forecast period, 2020 to 2027, according to Million Insights. The demand for technologically advanced digital signage in U.S. is increasing among corporates, enterprises, and advertisers to distribute and promote content.

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Published On: July 22, 2020

The global data annotation tools market size is projected to reach USD 2.57 billion by 2027, according to Million Insights. The market is expected to grow with a 26.9% CAGR above the forecast period, from 2020 to 2027. The advent of big data is anticipated to surge the Artificial Intelligence (AI) market growth due to huge amount of information is required to be stored, analyzed and recorded. 

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Published On: July 22, 2020

The global automotive axle market size is projected to be USD 64.79 billion by 2027, as per a new report by Million Insights. The market is estimated to expand at a CAGR of 1.1% over the forecast duration. Rising demand for hybrid and luxury vehicles along with long-sized trailers are attributing to the growth of the market

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Published On: July 22, 2020

The global printed textile market is anticipated to value USD 266.38 billion until 2025. It is also expected to register a CAGR of 8.9% over the forecasted years, 2019 to 2025. The rapid technological advances being carried out in textile printing coupled with the shifting trend to wear fashionable clothes are projected to drive the market demand for printed textiles.

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Published On: July 21, 2020

The global 5G chipset market size is projected to reach USD 40.4 billion by 2027, according to a new report by Million Insights. Rapidly growing demand for low latency and ultra-reliable data networks to offer seamless connectivity is expected to augment the market growth in the next few years. 5G chipset is becoming an important component in telecommunication equipment.

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Published On: July 21, 2020

The North America human capital management (HCM) market size is anticipated to reach USD 10.2 billion until 2025. It is projected to register growth with 10.5% CAGR from 2019 to 2025. This growth can be associated with the rapid technological advances like IT (Information & Technology) and AI (Artificial Intelligence) coupled with the surging need for human capital management solutions.

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Published On: July 21, 2020

The China testing, inspection and certification (TIC) market size is projected to reach USD 61.8 billion by 2027, according to Million Insights. Due to the changing lifestyle of Chinese people and the growing awareness regarding quality and safety of products including electronic appliances, cosmetics, food products, and personal care products among consumers are major factors expected to drive the market growth.

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Published On: July 21, 2020

The global organic bedding market size is projected to touch USD 1.1 billion by 2025, according to a new report by Million Insights. It is anticipated to grow at a CAGR of 5.1% through the forecast period of 2019 to 2025. The market is witnessing considerable growth due to the rising demand for premium bedding products impacted by the trend of luxurious lifestyle and rising living standards of consumers.

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