Press Release

According to a market report by Lucintel, the future of the glycomics/glycobiology market looks promising with opportunities in drug discovery & development and disease diagnostics. The global glycomics/glycobiology market is expected to reach an estimated $3.6 billion by 2028 with a CAGR of 14.8% from 2023 to 2028. The major drivers for this market are increasing research and development activities related to drug discovery along with rising investment by governments and organizations for academic research for development of new glycomics …

According to a market report by Lucintel, the future of the 5G semiconductor solution market looks promising with opportunities in the automotive, energy & utilities, government, healthcare, manufacturing, and transportation & logistics sector. The global 5G semiconductor solution market is expected to reach an estimated $2.1 billion by 2028 with a CAGR of 22.5% from 2023 to 2028. The major drivers for this market are rising demand for advanced wireless data networks, increasing adoption of M2M and IOT connectivity, and …

According to a market report by Lucintel, the future of the plasma fractionation market looks promising with opportunities in hospitals & clinics and clinical research. The global plasma fractionation market is expected to reach an estimated $42.7 billion by 2028 with a CAGR of 7% from 2023 to 2028. The major drivers for this market are rising geriatric population, increasing prevalence of respiratory diseases, and growing use of immunoglobulin in different therapeutic applications. In this market, albumin, immunoglobulin, coagulation factor, …

According to a market report by Lucintel, the future of the vaccine market looks promising with opportunities in the pediatrics and adults end use segments. The global vaccine market is expected to reach an estimated $94.0 billion by 2028 with a CAGR of 8.6% from 2023 to 2028. The major drivers for this market are growing prevalence of infectious diseases, increasing consumer awareness towards immunization, and introduction of vaccination programs by governments to prevent dangerous diseases or infections, including tuberculosis, …

According to a market report by Lucintel, the future of chemicals in the cosmetics and toiletries market looks promising with opportunities in the hair care, skin care, color cosmetic, and perfume & fragrances markets. The global cosmetics and toiletries market in terms of chemical consumption is expected to reach an estimated $28.2 billion by 2028 with a CAGR of 4.8% from 2023 to 2028. The major drivers for this market are rapidly expanding distribution channel of popular cosmetics brands, shift …

According to a market report by Lucintel, the future of the industrial sensor market looks promising with opportunities in the oil & gas, pharmaceuticals, chemicals, manufacturing, mining, and energy & power industries. The global industrial sensor market is expected to reach an estimated $46.0 by 2028 with a CAGR of 9.3% from 2023 to 2028. The major drivers for this market are growing use of micro-electro-mechanical systems (MEMS) based sensor in industrial applications, and rising adoption of sensors in industries …

According to a market report by Lucintel, the future of the ear health market looks promising with opportunities in the ear health device, tinnitus and ear impairment care supplement, and ear infection treatment medication product segments. The global ear health market is expected to reach an estimated $2.2 billion by 2028 with a CAGR of 6.3% from 2023 to 2028. The major drivers for this market are increasing number of cases of sound hearing loss, growing need for otoscopes for …

According to a market report by Lucintel, the future of the flow cytometry market looks promising with opportunities in the research, clinical, and industrial applications. The global flow cytometry market is expected to reach an estimated $9.1 billion by 2028 with a CAGR of 9% from 2023 to 2028. The major drivers for this market are increasing research activities related to immune-oncology, growing prevalence of cancer and chronic diseases, and technological advancement. In this market, cell-based cytometry and bead-based cytometry …

According to a market report by Lucintel, the future of the bio-based lubricating oil market looks promising with opportunities in the industrial, automotive and transportation, mining, and building & construction sectors. The global bio-based lubricating oil market is expected to reach an estimated $2.5 billion by 2028 with a CAGR of 4.7% from 2023 to 2028. The major drivers for this market are introduction of stringent regulations, growing environmental consciousness among people, and increasing usage of bio-based lubricant as an …

According to a market report by Lucintel, the future of the high chain alpha olefin market looks promising with opportunities in the packaging, electronics, paper & pulp, textile, automotive, mining, and consumer good sectors. The global high chain alpha olefin market is expected to reach an estimated $11.0 billion by 2028 with a CAGR of 6.0% from 2023 to 2028. The major drivers for this market are the wide usage of alpha-olefin in the production of polyethylene and growing demand …

According to a market report by Lucintel, the future of the specialty flexographic printing ink market looks promising with opportunities in the flexible packaging, rigid packaging, folding carton, tag & label, and paper printing applications. The global specialty flexographic printing ink market is expected to reach an estimated $5.5 billion by 2028 with a CAGR of 5% from 2023 to 2028. The major drivers for this market are increasing trend for UV-cured flexographic printing inks among users, along with rising …

According to a market report by Lucintel, the future of the high performance alloy market looks promising with opportunities in the aerospace, industrial gas turbine, industrial, automotive, oil & gas, and electrical & electronic sectors. The global high performance alloy market is expected to reach an estimated $9.5 billion by 2028 with a CAGR of 5% from 2023 to 2028. The major drivers for this market are extensive use of alloy in oil & gas extraction, thermal processing, and petroleum …

According to a market report by Lucintel, the future of the current sensor market looks promising with opportunities in the automotive, consumer electronics, telecom & networking, healthcare, industrial, and energy sectors. The global current sensor market is expected to reach an estimated $1.9 billion by 2028 with a CAGR of 9.3% from 2023 to 2028. The major drivers for this market are growing demand for power management devices, rising adoption of industrial robots, and increasing trend of hybrid vehicles in …

According to a market report by Lucintel, the future of the specialty digital ink market looks promising with opportunities in the advertising & promotion, ceramic tile printing, clothing & household textile, packaging, publication, and glass printing industries. The global specialty digital ink market is expected to reach an estimated $4.0 billion by 2028 with a CAGR of 6.5% from 2023 to 2028. The global specialty digital ink market is expected to grow with a CAGR of 6.5% from 2023 to …

According to a market report by Lucintel, the future of the cell analysis market looks promising with opportunities in pharmaceutical & biotechnology companies, hospitals and clinical testing laboratories, and academic and research institutes. The global cell analysis market is expected to reach an estimated $31.7 billion by 2028 with a CAGR of 9.4% from 2023 to 2028. The major drivers for this market are rising prevalence of chronic diseases along with an increase in the demand for personalised medicine for …

According to a market report by Lucintel, the future of the temperature sensor market looks promising with opportunities in the chemical, oil and gas, consumer electronic, healthcare, and automotive industries. The global temperature sensor market is expected to reach an estimated $9.5 billion by 2028 with a CAGR of 7.1% from 2023 to 2028. The major drivers for this market are growing demand for portable healthcare devices and increasing penetration of these sensors in vehicles to maintain safety and reduction …

According to a market report by Lucintel, the future of the BCD power IC market looks promising with opportunities in the ICT, consumer electronics, automotive, and manufacturing end use industries. The global BCD power IC market is expected to reach an estimated $10.3 billion by 2028 with a CAGR of 6.5% from 2023 to 2028. The major drivers for this market are growing demand for power management solutions, increasing consumption of consumer electronic products, and rising adoption of electric vehicles. …

According to a market report by Lucintel, the future of the oleochemical market looks promising with opportunities in the pharmaceutical, personal care & cosmetic, food & beverage, soap & detergent, and polymer applications. The global oleochemical market is expected to reach an estimated $22.7 billion by 2028 with a CAGR of 6.5% from 2023 to 2028. The major drivers for this market are rise in demand for green chemicals in end use industries, such as pharmaceutical, personal care, and food …

According to a market report by Lucintel, the future of the automotive specialty coating market looks promising with opportunities in the engine & exhaust, interior, transmission, and wheel rim applications. The global automotive specialty coating market is expected to reach an estimated $3.5 billion by 2028 with a CAGR of 4% from 2023 to 2028. The major drivers for this market are increasing application in the automotive engine to maintain its temperature and growing need to protect exhaust systems from …

According to a market report by Lucintel, the future of the 3D IC market looks promising with opportunities in the consumer electronics, telecommunication, automotive, military & aerospace, medical device, and industrial markets. The global 3D IC market is expected to reach and estimated $18.1 billion by 2028 with a CAGR of 25.0% from 2023 to 2028. The major drivers for this market are increasing demand for advanced electronic products and growing application IOT by various end user verticals. In this …

According to a market report by Lucintel, the future of the plastic additive market looks promising with opportunities in the packaging, construction, consumer goods, and automotive applications. The global plastic additive market is expected reach an estimated $63.5 billion by 2028 with a CAGR of 5.0% from 2023 to 2028. The major drivers for this market are growing demand for replacement of conventional materials by plastics in the packaging, construction, and consumer goods markets. In this market, plasticizers, stabilizers, flame …

According to a market report by Lucintel, the future of the thermoplastic vulcanizate market looks promising with opportunities in the automotive, fluid handling, consumer goods, medical, and footwear applications. The global thermoplastic vulcanizate market is expected to reach an estimated $2.5 billion by 2028 with a CAGR of 5.5% from 2023 to 2028. The major drivers for this market are growing use of thermoplastics as a replacement of metals in end use industries; rising demand for eco-friendly, lightweight, durable, and …

According to a market report by Lucintel, the future of the analog IC for automotive market looks promising with opportunities in ADAS, in-vehicle networking, engine management, and transmission control system applications. The global analog IC for automotive market is expected to reach an estimated $12.4 billion by 2028 with a CAGR of 7.1% from 2023 to 2028. The major drivers for this market are introduction of advanced fabrication techniques, growing number of self-driving cars, and rising use of electronics in …

According to a market report by Lucintel, the future of the non anionic surfactant market looks promising with opportunities in the paint & coating, personal care & cosmetic, textile, agrochemical, household cleaner, food & beverage, and oil & gas end use industries. The global non anionic surfactant market is expected to reach an estimated $18.4 billion by 2028 with a CAGR of 3% from 2023 to 2028. The major drivers for this market are rapid urbanization, increasing demand in the …

According to a market report by Lucintel, the future of the semiconductor IP market looks promising with opportunities in the consumer electronics, automotive, industrial, telecommunication & data center, and aerospace & defense end user segments. The global semiconductor IP market is expected to reach an estimated $6.1 billion by 2028 with a CAGR of 7.0% from 2023 to 2028. The major drivers for this market are increasing rising demand for modern SoC (system on chip) designs and growing adoption of …

According to a market report by Lucintel, the future of the level sensor market looks promising with opportunities in the automotive, consumer electronics, healthcare, industrial process, oil & gas, and dry bulk applications. The global level sensor market is expected to reach an estimated $6.1 billion by 2028 with a CAGR of 9.9% from 2023 to 2028. The major drivers for this market are increasing need for sensors capable of two-way communication and self diagnosis and growing adoption of MEMS …

According to a market report by Lucintel, the future of the liquid crystal polymer market looks promising with opportunities in electrical and electronic, consumer good, automotive, lighting, and medical applications. The global liquid crystal polymer market is expected to reach an estimated $4.6 billion by 2028 with a CAGR of 8% from 2023 to 2028. The major drivers for this market are growing demand in end use industries, such as consumer goods, electronics and electrical, automotive, and medical, owing to …

According to a market report by Lucintel, the future of the specialty gravure printing ink market looks promising with opportunities in the food packaging, wallpaper, and wrapping paper applications. The global specialty gravure printing ink market is expected to reach an estimated $3.5 billion by 2028 with a CAGR of 5.5% from 2023 to 2028. The major drivers for this market are growing demand for processed foods along with increasing usage of UV and moisture-resistant gravure printing ink based on …

According to a market report by Lucintel, the future of the single layer FPC technology market looks promising with opportunities in the computer/peripheral, telecommunication, consumer electronics, medical, automotive, and aerospace and defense end use industries. The global single layer FPC technology market is expected to reach an estimated $2.9 billion by 2028 with a CAGR of 2.9% from 2023 to 2028. The major drivers for this market are growing trend of miniaturized electronic devices and increasing demand for development of …

According to a market report by Lucintel, the future of the wire bond packaging in OSAT market looks promising with opportunities in the automotive, telecommunication, computing & networking, consumer electronic, and industrial applications. The wire bond packaging in the global OSAT market is expected to reach an estimated $17.1 billion by 2028 with a CAGR of 6.5% from 2023 to 2028. The major drivers for this market are growing demand for semiconductors and microelectronics and increasing requirement for wire bonding …

According to a market report by Lucintel, the future of the global 3D printing ceramic market looks promising with opportunities in the aerospace & defense, healthcare, automotive, consumer good & electronic, and construction end use industries. The global 3D printing ceramic market is expected to reach an estimated $0.22 billion by 2028 with a CAGR of 15.3% from 2023 to 2028. The major drivers for this market are increasing usage of 3D printing in dental and orthopaedic applications in the …

According to a market report by Lucintel, the future of the flip chip packaging OSAT market looks promising with opportunities in the automotive, telecommunication, computing & networking, consumer electronic, and industrial applications. The global flip chip packaging OSAT market is expected to reach an estimated $2.9 billion by 2028 with a CAGR of 8.7% from 2023 to 2028. The major drivers for this market are growing demand for crypto-mining related packaging and expanding use of flip chips owing to its …

According to a market report by Lucintel, the future of the confectionery flavor market looks promising with opportunities in hard & soft candy, chewing gum, popcorn, and meringue applications. The global confectionery flavor market is expected to reach an estimated $6.9 billion by 2028 with a CAGR of 4% from 2023 to 2028. The major drivers for this market are increasing population and food and beverage industry and growing health awareness and product knowledge among consumers. In this market, sweet …

According to a market report by Lucintel, the future of the wafer level packaging in OSAT market looks promising with opportunities in the automotive, telecommunication, computing & networking, consumer electronic, and industrial applications. The wafer level packaging in the global OSAT market is expected to reach an estimated $2.1 billion by 2028 with a CAGR of 9.4% from 2023 to 2028. The major drivers for this market are growing demand of wearable electronics and IoT products and escalating need for …

According to a market report by Lucintel, the future of the catanion surfactant market looks promising with opportunities in home care, personal care, industrial & institutional cleaning, oilfield chemical, food & beverage, agrochemical, textile, and elastomers & plastic applications. The global catanion surfactant market is expected to reach an estimated $4.9 billion by 2028 with a CAGR of 3.8% from 2023 to 2028. The major drivers for this market are growing demand for disinfectants and increasing application of catanion surfactant …

According to a market report by Lucintel, the future of the fire detectors in public institutions market looks promising with opportunities in smoke detectors, flame detectors, and heat detectors. The global fire detectors in public institutions market are expected to reach an estimated $1.70 billion by 2028 with a CAGR of 8.8% from 2023 to 2028. The major drivers for this market are increasing need for fire detectors in public buildings and governments are making stringent regulations for the protection …

According to a market report by Lucintel, the future of healthcare in the global stretchable and conformal electronic market looks promising with opportunities in the electronic skin patch, smart clothing, electrochemical test strip, and smart packaging product types. The healthcare in the global stretchable and conformal electronic market is expected to reach an estimated $3.98 billion by 2028 with a CAGR of 99% from 2023 to 2028. The major drivers for this market are the emergence of stretchable gadgets that …

According to a market report by Lucintel, the future of the dairy flavor market looks promising with opportunities in the soup and sauce, snack, confectionery, dairy product, breakfast, cereal, dietary supplement, and beverage applications. The global dairy flavor market is expected to reach an estimated $8.3 billion by 2028 with a CAGR of 5.5% from 2023 to 2028. The major drivers for this market are growing demand for processed foods and increasing investment in research and development by manufacturers for …

According to a market report by Lucintel, the future of the industrial FPC market looks promising with opportunities in the single layer, double layer, multi-layer and rigid flex markets. The global industrial FPC market is expected to reach an estimated $1.4 billion by 2028 with a CAGR of 5.7% from 2023 to 2028. The major drivers for this market are its excellent flexibility, light weight, and reduced thickness, which make them ideal for industrial application. In this market, polyimide and …

According to a market report by Lucintel, the future of consumer electronics in the global stretchable and conformal electronic market looks promising with opportunities in the display, printed sensor, thin-film photovoltaic, OLED lighting, and battery applications. The consumer electronics industry in the global stretchable and conformal electronic market is expected to reach an estimated $77.7 billion by 2028 with a CAGR of 75.2% from 2023 to 2028. The major drivers for this market are increasing demand for wearable devices and …

According to a market report by Lucintel, the future of the aerospace and defense in the global stretchable and conformal electronic market looks promising with opportunities in the stretchable circuit, stretchable conductor, electroactive polymer, stretchable battery, and photovoltaic markets. The aerospace and defense in the global stretchable and conformal electronic market is expected to reach an estimated $415.0 million by 2028 with a CAGR of 77.7% from 2023 to 2028. The major drivers for this market are increasing use of …

According to a market report by Lucintel, the future of the textiles in stretchable and conformal electronic market looks promising with opportunities in the defense, sports & fitness, healthcare, household textiles, fashion & entertainment, transport, protection & military, and architecture applications. The textile in the global stretchable and conformal electronic market is expected to reach an estimated $498.0 million by 2028 with a CAGR of 80.5% from 2023 to 2028. The major drivers for this market are growing demand for …

According to a market report by Lucintel, the future of the running hydration pack market looks promising with opportunities in the e-commerce and retailer sectors. The global running hydration pack market is expected to reach an estimated $61.6 by 2028 with a CAGR of 5% from 2023 to 2028. The major drivers for this market are increasing number of people participating in outdoor activities like long runs as an adventures sport and growing concern of consumer towards health and fitness. …

According to a market report by Lucintel, the future of the wired fire detector market looks promising with opportunities in the residential, commercial, public institution, and industrial applications. The global wired fire detector market is expected to reach an estimated $3.9 billion by 2028 with a CAGR of 6.8% from 2023 to 2028. The major drivers for this market are increasing preference for fire detecting gadgets to obtain information more accurately and quickly. Wired fire detector also helps in communicating …

According to a market report by Lucintel, the future of automotive in the stretchable and conformal electronic market looks promising with opportunities in the interior, exterior, and powertrain applications. The automotive in the global stretchable and conformal electronic market is expected to reach an estimated $166.0 million by 2028 with a CAGR of 70% from 2023 to 2028. The major drivers for this market are growing use of thin flexible substrates to make lightweight electric vehicles, increasing use of stretchy …

According to a market report by Lucintel, the future of the smart lighting control system market looks promising with opportunities in the residential, commercial lighting, healthcare, traffic, and industrial applications. The global smart lighting control system market is expected to reach an estimated $7.2 billion by 2028 with a CAGR of 7.6% from 2023 to 2028. The major drivers for this market are growing demand of street and roadways lighting and increasing government regulations on the adoption of energy-efficient products …

According to a market report by Lucintel, the future of the double layer FPC technology market looks promising with opportunities in the consumer electronic, automotive, and aerospace and defense/military markets. The global double layer FPC technology market is expected to reach an estimated $6.5 billion by 2028 with a CAGR of 4.1% from 2023 to 2028. The major drivers for this market are a growing trend of miniaturization and an increasing demand for advanced technologies, such as 4G and 5G …

According to a market report by Lucintel, the future of the smart LED lighting market looks promising with opportunities in the online and offline channels. The global smart LED lighting market is expected to reach an estimated $9.2 billion by 2028 with a CAGR of 3.1% from 2023 to 2028. The major drivers for this market are escalating need for LED lights with numerous integrated advanced features and presence of numerous wireless and wired-based LED alternatives to customers. In this …

According to a market report by Lucintel, the future of the smart lighting smart bulb market looks promising with opportunities in the indoor lighting and outdoor lighting applications. The global smart lighting smart bulb market is expected to reach an estimated $1.36 billion by 2028 with a CAGR of 9.8% from 2023 to 2028. The major drivers for this market are increasing trend of smart cities and growing adoption for smart LEDs as they help in reducing energy consumption and …

According to a market report by Lucintel, the future of the flex-rigid FPC technology market looks promising with opportunities in the computers/peripherals, telecommunications, consumer electronics, medical, automotive, and aerospace and defense end user industries. The global flex-rigid FPC technology market is expected to reach an estimated $2.6 billion by 2028 with a CAGR of 7.2% from 2023 to 2028. The major drivers for this market are growing usage in a wide range of applications from consumer electronic devices, such as …