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Press releases
Published On: September 9, 2020

The global automotive electronics market size is likely to account for USD 493.69 billion in 2027, as per a new report by Million Insights. It is predicted that the market would register 9.0% CAGR from 2020 to 2027. Increasing sales of hybrid and electric vehicles are proliferating the growth of the market. In addition, integration of advanced systems such as ABS, sensors, airbags and others is supplementing the market growth for automotive electronics.

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Published On: September 9, 2020

The global autonomous vehicle market demand is projected to account for 4.2 million units by the end of 2030, registering over 63% CAGR, according to a new report by Million Insights. Also known as self-driving vehicles, these are the combination of sensors and several networking systems. Over the past few years, there has been significant development in the field of autonomous driving technology. Further, companies such as Google LLC and Tesla have upped their investment in research & development, thereby, attributing to the growth of the market.

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Published On: September 8, 2020

The global ready-mix concrete market size is projected to account for USD 1,206.1 billion in 2027. The market is anticipated to register 7.9% CAGR by revenue from 2020 to 2027, as per a new report by Million Insights. Rapidly increasing construction activities in both residential and commercial sectors is attributing to the high growth of ready-mix concrete. 

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Published On: September 8, 2020

The global physical security market size is anticipated to value USD 171.0 billion until 2027. It is also expected to register a CAGR of 6.5% over the forecasted years, 2020 to 2027. Increasing concerns about safety and safety prevailing among the population across the globe coupled with the surging number of attacks and security breaches are anticipated to drive the demand for physical security solutions.

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Published On: September 7, 2020

The global thermal imaging market size is estimated to account for USD 11.45 billion by 2027, according to a new report by Million Insights. The market is projected to expand at 8.4% CAGR over the forecast duration 2020 to 2027. Thermal imaging technologies are increasingly used in conjunction with infrared cameras in the detection of elevated body temperature. This feature makes it an ideal for deployment at entry gateways at airports during COVID-19 outbreak. In addition, thermal imaging technologies are gaining traction in various commercial and residential applications. 

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Published On: September 7, 2020

The global precision harvesting market size is estimated to attain USD 22.9 billion by the end of 2027 and is projected to register a CAGR of 8.6% from 2020 to 2027, according to a new report by Million Insights. Precision harvesting is a modern technique that involves sensors & cameras for detecting an accurate period for higher crop production. This technique helps in improving crop efficiency through the monitoring of humidity, soil & temperature. 

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Published On: September 7, 2020

The global organic soap market size is projected to be USD 383.4 million by 2025, according to a new report published by Million Insights, expanding with a CAGR of 8.1% from 2019 to 2025. The growth is attributed to the increasing awareness relating to environmental conservation and water pollution due to harmful chemicals used in personal care products such as parabens, phthalates, triclosan, aluminum salts and triclocarbon.

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Published On: September 7, 2020

The global messaging security market size is anticipated to value USD 11.10 billion until 2025. It is also expected to register a CAGR of 13.7% over the forecasted years, 2017 to 2025. The rising need for ensuring security of messages, chats and confidential data is expected to trigger the market growth for messaging security solutions.

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Published On: September 7, 2020

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).

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Published On: September 7, 2020

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.

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Published On: September 4, 2020

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.

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Published On: September 4, 2020

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.

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Published On: September 4, 2020

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. 

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Published On: September 4, 2020

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.

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Published On: September 4, 2020

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.

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Published On: September 3, 2020

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.

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Published On: September 4, 2020

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

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Published On: September 3, 2020

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.

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Published On: September 3, 2020

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.

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Published On: September 3, 2020

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.

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