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Press releases
Published On: September 3, 2020

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.

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Published On: September 1, 2020

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.

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Published On: September 1, 2020

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.

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Published On: September 1, 2020

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.

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Published On: September 1, 2020

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.

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Published On: September 1, 2020

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.

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Published On: August 31, 2020

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.

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Published On: August 31, 2020

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.

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Published On: August 31, 2020

The global non-destructive testing market size is anticipated to account for USD 24.3 billion by 2027, according to a new report by Million insights. Further, it is projected that the market would witness 6.5% CAGR over the forecast period. The market growth is attributed to the increasing manufacturing activities across the globe.

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Published On: August 31, 2020

The global tilt sensor market is likely to account for USD 288.7 million by 2025. The market is anticipated to expand at 8.9% CAGR over the forecast duration, according to Million Insights. These sensors help in measuring the angular inclination of equipment or vehicles, thereby, altering operators or drivers about probable incidents. The adoption of tilt sensors has increased owing to the increasing focus on safety in construction equipment and automobile. 

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Published On: August 31, 2020

The global harmonic filters market size is anticipated to value USD 1.28 billion until 2025. It is also expected to register a CAGR of 7.1% over the forecasted years, 2018 to 2025. Surging demand for harmonic filters across electronic systems to reduce effects caused due to non-linear loading and resonance is estimated to trigger the market growth for harmonic filters.

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Published On: August 31, 2020

The global B2C e-commerce market size is estimated to attain USD 6.2 trillion by the end of 2027 and is projected to register a CAGR of 7.9% from 2020 to 2027, according to the new report by Million Insights. Increasing penetration of smartphones & the internet along with the growing trend of online shopping is projected to surge the growth of market.

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Published On: August 29, 2020

The global hospital HVAC systems market size is projected to reach USD 11.34 billion by 2025 and expected to grow with the CAGR of 7.2% over the forecast period from 2019 to 2025, according to anew report by Million Insights. Hospitals have precise needs in terms of aseptic conditions and maintain air quality as per the health conditions of the patients.

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Published On: August 28, 2020

The global flat glass market size is predicted to be USD 202.9 billion by 2027, as per a new report by Million Insights. It is estimated that the market would register 7.3% CAGR from 2020 to 2027. The rise in product demand from the construction industry is the major factor driving market growth.

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Published On: August 28, 2020

The global pet wearable market size is projected to account for USD 4.6 billion by 2027, according to a report published by Million Insights. Growing pet humanization has resulted in the rise in spending on pet care and safety, which, in turn, has supplemented the growth of the market. Wearable devices help in tracking and identifying various health parameters of pets.

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Published On: August 28, 2020

The global office peripherals and products market is anticipated to reach USD 51.65 billion, by the end of 2025, and is projected to grow at a CAGR of 5.4% over the forecast period, from 2018 to 2025, according to a new report by Million Insights Rapid urbanization in developing countries is opening up new businesses which are anticipated to propel the demand for office peripherals. In addition, increasing demand for products like shredders, scanners, and printers is also boosting the market growth.

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Published On: August 28, 2020

The global big data as a service market size is anticipated to value USD 51.9 billion until 2025. It is also expected to register a CAGR of 38.7% over the forecasted years, 2019 to 2025. The increasing need for data storage, handling, processing and analysis for business expansion is expected to drive the market growth.

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Published On: August 28, 2020

The global artificial intelligence in agriculture market size is estimated to reach USD 2.9 billion, by 2025 and is projected to grow at a CAGR of 25.4% over the forecast period 2019 to 2025, according to a new report by Million Insights. Artificial intelligence solutions are used in different forms for agricultural farming which include crop & soil monitoring, predictive analytics and agricultural robots. 

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Published On: August 27, 2020

The global flexible display market is projected to reach USD 39.19 billion by 2025 and registering a CAGR of 28.1% during the forecast period, from 2019 to 2025, according to a new report by Million Insights. Growing adoption of lightweight and energy-efficient consumer electronic devices is a major factor in driving the market growth.

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Published On: August 27, 2020

The global automotive e-axle market size is anticipated to touch USD 27.19 billion, by the end of 2025, and is projected to grow at a compound annual growth rate of 23.7% during the forecasted period, 2019 to 2025, according to the new report by Million Insights. Increasing adoption of electric vehicles (EVs) is estimated to drive the growth of automotive e-axle in the coming few years. Additionally, countries like Germany and South Korea have planned to produce electric vehicles in large capacity, which is anticipated to surge the market growth.

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