Press Release

According to a market report by Lucintel, the future of the electro active polymer in stretchable and conformal electronic market looks promising with opportunities in the healthcare, consumer electronic, automotive, aerospace and defense, and textile industries. The global electro active polymer in stretchable and conformal electronic market is expected to reach an estimated $10.5 billion by 2028 with a CAGR of 61.6% from 2023 to 2028. The major drivers for this market are increasing demand for devices with touch screens …

According to a market report by Lucintel, the future of the artificial intelligence in manufacturing market looks promising with opportunities in the semiconductor & electronic, energy & power, pharmaceutical, medical device, automotive, heavy metal & machine manufacturing, fast-moving consumer good, and aerospace & defense end user industries. The global artificial intelligence in manufacturing market is expected to reach an estimated $2.2 billion by 2028 with a CAGR of 26.3% from 2023 to 2028. The major drivers for this market are …

According to a market report by Lucintel, the future of the FPC for power battery market looks promising with opportunities in the battery and vehicle manufacturing. The global FPC for power battery market is expected to reach an estimated $0.03 billion by 2028 with a CAGR of 30.8% from 2023 to 2028. The major drivers for this market are growing demand for flexible and lightweight solutions and increasing requirement of complex and high density circuits for modern battery packs. In …

According to a market report by Lucintel, the future of the cycling hydration pack market looks promising with opportunities in the e-commerce and retailers sectors. The global cycling hydration pack market is expected to reach an estimated $85.3 million by 2028 with a CAGR of 4.9% from 2023 to 2028. The major drivers for this market are a growing number of cyclists who need to carry water and other essential items while participating in long distance cycling over challenging terrain, …

According to a market report by Lucintel, the future of the stretchable battery in stretchable and conformal electronics market looks promising with opportunities in the healthcare, consumer electronic, automotive, aerospace and defense, and textile end use industries. The stretchable battery in the global stretchable and conformal electronics market is expected to reach an estimated $0.66 billion by 2028 with a CAGR of 59.6% from 2023 to 2028. The major drivers for this market are growing need for batteries, which delivers …

According to a market report by Lucintel, the future of the stretchable photovoltaic in stretchable and conformal electronics market looks promising with opportunities in the healthcare, consumer electronic, automotive, aerospace and defense, and textile end use industries. The stretchable photovoltaic in the global stretchable and conformal electronics market is expected to reach an estimated $0.66 billion by 2028 with a CAGR of 69.3% from 2023 to 2028. The major drivers for this market are favorable government schemes and incentives and …

According to a market report by Lucintel, the future of the stretchable circuit in stretchable and conformal electronics market looks promising with opportunities in the healthcare, consumer electronic, automotive, aerospace and defense, and textile industries. The stretchable circuit in the global stretchable and conformal electronics market is expected to reach an estimated $28.1 billion by 2028 with a CAGR of 74% from 2023 to 2028. The major drivers for this market are increasing demand for smart wearable and integrated electronic …

According to a market report by Lucintel, the future of the global glass reinforced epoxy (GRE) pipe market looks promising with opportunities in the oil & gas, industrial, water/wastewater, and marine & offshore markets. The global glass reinforced epoxy (GRE) pipe market is expected to reach an estimated $2.7 billion by 2028 with a CAGR of 5.3% from 2023 to 2028. The major drivers for this market are growing application of GRE pipe in the chemical industry and increasing demand …

According to a market report by Lucintel, the future of the caprolactam market looks promising with opportunities in the textile yarn, industrial yarn, engineering plastic, and carpet fiber & staple fiber industries. The global caprolactam market is expected to reach an estimated $18.3 billion by 2028 with a CAGR of 4% from 2023 to 2028. The major drivers for this market are increasing use of caprolactam in production of synthetic fabrics and rising demand for bio-based caprolactam in engineering plastics …

According to a market report by Lucintel, the future of the micro LED display market looks promising with opportunities in the consumer electronic, automotive, advertisement, and aerospace and defence markets. The global micro LED display market is expected to reach an estimated $0.8 billion by 2028 with a CAGR of 70.4% from 2023 to 2028. The major drivers for this market are growing demand for energy-efficient display solutions and increasing preference of electronic giants towards micro-LEDs display across the globe. …

According to a market report by Lucintel, the future of the global prefabricated bathroom pod market looks promising with opportunities in the residential use and commercial use market. The global prefabricated bathroom pod market is expected to reach an estimated $3.4 billion by 2028 with a CAGR of 15.1% from 2023 to 2028. The major drivers for this market are changing lifestyles and rapid urbanization, increasing investments by government bodies to promote green buildings, and growing awareness among consumers towards …

According to a market report by Lucintel, the future of the global switchable smart film market looks promising with opportunities in the architecture, automotive & transportation, consumer electronic, and power generation markets. The global switchable smart film market is expected to reach an estimated $6.8 billion by 2028 with a CAGR of 10.5% from 2023 to 2028. The major drivers for this market are increasing adoption of smart films in the building and construction industry, growing trend of green and …

According to a market report by Lucintel, the future of the global zero energy house/building market looks promising with opportunities in the residential and non-residential markets. The global zero energy house/building market is expected to reach an estimated $248.3 billion by 2028 with a CAGR of 20.1% from 2023 to 2028. The major drivers for this market are increasing demand for sustainable energy and growing awareness on global warming and protection of earth’s environment among the masses. In this market, …

According to a market report by Lucintel, the future of communication in the global PCB market looks promising with opportunities in the enterprise, education, government, and healthcare market. Communication in the global PCB market is expected to reach an estimated $24.2 billion by 2028 with a CAGR of 6.6% from 2023 to 2028. The major drivers for this market are growing demand for high-speed data services, increasing adoption of cloud based applications and services, and significantly growing e-communication industry. Within …

According to a market report by Lucintel, the future of the global mining truck market looks promising with opportunities in the coal mining, iron mining, copper mining, and aluminium mining markets. The global mining truck market is expected to reach an estimated $33.6 billion by 2028 with a CAGR of 4.5% from 2023 to 2028. The major drivers for this market are rapid industrialization, increasing demand for coal, iron ore, and metals, and growing adoption of autonomous or driverless electric …

According to a market report by Lucintel, the future of consumer electronics in the global PCB market looks promising with opportunities in the personal and professional market. Consumer electronics in the global PCB market is expected to reach an estimated $12.1 billion by 2028 with a CAGR of 7.5% from 2023 to 2028. The major drivers for this market are rising trend of digitization and automation, increasing number of IoT enabled devices, and growing prevalence of personal electronic devices, such …

According to a market report by Lucintel, the future of the hydrogen pressure vessel (HPV) market looks promising with opportunities in the mobility and gas storage & distribution applications. The global hydrogen pressure vessel market is expected to reach an estimated $2,612.9 million by 2028 with a CAGR of 26.5% from 2023 to 2028. The major drivers for this market are growing number of hydrogen based vehicles, the growing use of HPV for powering fuel cells, and the emergence of …

According to a market report by Lucintel, the future of the polypropylene random copolymer (PRC) market looks promising with opportunities in the packaging, building & construction, and healthcare sectors. The global polypropylene random copolymer market is expected to reach an estimated $11.7 billion by 2028 with a CAGR of 5% from 2023 to 2028. The major drivers for this market are growing adoption of bio-based polypropylene; rising use of new polypropylene-based gloves, N95 masks, and plungers in the medical sector; …

According to a market report by Lucintel, the future of the global ready-mix concrete market looks promising with opportunities in the commercial & infrastructure, residential, and industrial market. The global ready-mix concrete market is expected to reach an estimated $671.3 billion by 2028 with a CAGR of 6.2% from 2023 to 2028. The major drivers for this market are rapid population growth and urbanization, increasing residential and commercial construction activities, and growing demand for versatile building materials. In this market, …

According to a market report by Lucintel, the future of the photoresist electronic chemical market looks promising with opportunities in the integrated circuit, printed circuit board, and flat panel display markets. The global photoresist electronic chemical market is expected to reach an estimated $7 billion by 2028 with a CAGR of 6.1% from 2023 to 2028. The major drivers for this market are growing demand of chips and microelectronics in various end use industries and increasing trend of miniaturization of …

According to a market report by Lucintel, the future of the wine glassware market looks promising with opportunities in supermarkets and hypermarkets, specialty stores, and online retail channels. The global wine glassware market is expected to reach estimated $2.5 billion by 2028 with a CAGR of 2.5% from 2023 to 2028. The major drivers for this market are increasing spending on beverages, growing customer preference towards quality alcoholic beverages, and rise in the number of wine consumers globally. In this …

According to a market report by Lucintel, the future of the specialty polyamide market looks promising with opportunities in automotive & transportation, electrical & electronic, consumer good & retail, energy, and industrial coating applications. The global specialty polyamide market is expected to reach an estimated $4.2 billion by 2028 with a CAGR of 5.7% from 2023 to 2028. The major drivers for this market are the rising preference for lightweight vehicles, growing use of polyamide as a substitute of silk …

According to a market report by Lucintel, the future of the micro-display panel in the global micro LED market looks promising with opportunities in the consumer electronic, automotive, advertisement, aerospace and defense markets. Micro led within the micro display panel market is expected to reach an estimated $0.35 billion by 2028 with a CAGR of 72% from 2023 to 2028. The major drivers for this market are growing demand for bright and power-efficient display panels and increased trend for miniaturization …

According to a market report by Lucintel, the future of the ultra thin glass market looks promising with opportunities in the consumer electronic, automotive & transportation, and medical & healthcare industries. The global ultra thin glass market is expected to reach an estimated $20.9 billion by 2028 with a CAGR of 11.9% from 2023 to 2028. The major drivers for this market are growing demand for touch display panel in wearable devices, smartphones, and TVs and ongoing research into the …

According to a market report by Lucintel, the future of the polyester filament yarn market looks promising with opportunities in the tire cord, mechanical rubber good, non-woven fabric, apparel, industrial, and household textile applications. The global polyester filament yarn market is expected to reach an estimated $81.4 billion by 2028 with a CAGR of 6.7% from 2023 to 2028. The major drivers for this market are the rising demand for tight polyester yarns in various end use industries and increasing …

According to a market report by Lucintel, the future of computer and peripherals in the global PCB market looks promising with opportunities in the residential and commercial markets. Computer and peripherals in the global PCB market is expected to reach an estimated $27.4 billion by 2028 with a CAGR of 6.0% from 2023 to 2028. The major drivers for this market are growing demand for external storage devices, increasing usage of computers/peripherals in offices, the educational field, and other application …

According to a market report by Lucintel, the future of the distributed fiber optic sensor market looks promising with opportunities in the oil & gas, power and utility, safety & security, industrial, and civil engineering sectors. The global distributed fiber optic sensor market is expected to reach an estimated $0.8 billion by 2028 with a CAGR of 9% from 2023 to 2028. The major drivers for this market are increasing application of these sensors for surveillance, damage detection, border tracking, …

According to a market report by Lucintel, the future of the wide bandgap semiconductor market looks promising with opportunities in the automotive & transportation, consumer electronics, aerospace & defense, IT & telecom, and energy & utility industries. The global wide bandgap semiconductor market is expected to reach an estimated $1.8 billion by 2028 with a CAGR of 18.1% from 2023 to 2028. The major drivers for this market are growing demand for enhanced power efficiency in electrical and electronic gadgets …

According to a market report by Lucintel, the future of the wireless technology in smart lighting market looks promising with opportunities in the commercial, public, and residential applications. The wireless technology in the global smart lighting market is expected to reach an estimated $3.1 billion by 2028 with a CAGR of 12.9% from 2023 to 2028. The major drivers for this market are emergence of Bluetooth 4.0 based smart lights and increasing application of the lights in cafes, hotels, airport …

According to a market report by Lucintel, the future of the wired technology in the global smart lighting market looks promising with opportunities in indoor and outdoor end uses. The wired technology in the global smart lighting market is expected to reach an estimated $8.7 billion by 2028 with a CAGR of 4.8% from 2023 to 2028. The major driver for this market is the increasing adoption of connected smart light technology since it is reliable, covers a larger area, …

According to a market report by Lucintel, the future of the smart high-intensity discharge lamp lighting market looks promising with opportunities in industrial, agriculture, and medical applications. The global smart high-intensity discharge lamp lighting market is expected to reach an estimated $0.83 billion by 2028 with a CAGR of 69.3% from 2023 to 2028. The major drivers for this market are increasing trend for lamps which provide high-intensity lighting and growing usage in ambient lighting at corporate interior. In this …

According to a market report by Lucintel, the future of the smart indoor lighting market looks promising with opportunities in residential, commercial, and industrial applications. The global smart indoor lighting market is expected to reach an estimated $9.8 billion by 2028 with a CAGR of 6.3% from 2023 to 2028. The major drivers for this market are growing demand for smart lights, which require low maintenance and consume less power, rising preference for digitalized lights in smart cities, and government …

According to a market report by Lucintel, the future of the rigid PCB market looks promising with opportunities in industrial electronics, automation, medical, and aerospace applications. The global rigid PCB market is expected to reach an estimated $70.4 billion by 2028 with a CAGR of 6.8% from 2023 to 2028. The major drivers for this market are increasing demand from the microelectronics and chip manufacturing industries globally, rising demand for medical equipment, and technological advancement in the electronics industry. In …

According to a market report by Lucintel, the future of the smart fluorescent lamp lighting market looks promising with opportunities in general lighting, commercial lighting, residential lighting, industrial lighting, outdoor lighting, medical lighting, surgical & treatment lighting, and general/mounted lighting applications. The global smart fluorescent lamp lighting market is expected to reach an estimated $1.2 billion by 2028 with a CAGR of 3.6% from 2023 to 2028. The major drivers for this market are growing demand for affordable, energy-efficient, and …

According to a market report by Lucintel, the future of the hybrid supercapacitor market looks promising with opportunities in electronic and transportation applications. The global hybrid supercapacitor market is expected to reach an estimated $50.1 billion by 2028 with a CAGR of 16% from 2023 to 2028. The major drivers for this market are growing demand for energy-efficient and environment-friendly technologies and increasing investments in the renewable energy sector. In this market, double layer type and pseudocapacitive type are the …

According to a market report by Lucintel, the future of the water treatment chemical market looks promising with opportunities in boiler water treatment, cooling water treatment, raw water treatment, and water desalination applications. The global water treatment chemical market is expected to reach an estimated $49.4 billion by 2028 with a CAGR of 4.9% from 2023 to 2028. The major drivers for this market are an increase in demand for chemically treated water from various end use industries, rise in …

According to a market report by Lucintel, the future of the smart outdoor lighting market looks promising with opportunities in residential and commercial applications. The global smart outdoor lighting market is expected to reach an estimated $2.0 billion by 2028 with a CAGR of 8.5% from 2023 to 2028. The major drivers for this market are increasing government initiatives for energy conservation, growing demand for IoT based street lights in smart cities, and rising demand for energy efficient lighting to …

According to a market report by Lucintel, the future of the global specialty polymer market looks promising with opportunities in the automotive, building and construction, adhesive and sealant, electrical and electronic, medical, aerospace, and marine industries. The global specialty polymer market is expected to reach and estimated $67.8 billion with a CAGR of 7.3% from 2023 to 2028. The major drivers for this market are increasing applications in the construction and electronic industries, growing demand for high-performance polymers in specialized …

According to a market report by Lucintel, the future of the multi-layer FPC technology market looks promising with opportunities in consumer electronic, automotive, aerospace and defense/military, and medical applications. The global multi-layer FPC technology market is expected to reach an estimated $9.2 billion by 2028 with a CAGR of 9.7% from 2023 to 2028. The major drivers for this market are increasing trend towards miniaturization and portability of electronic devices and growing demand for compact and lightweight FPCs. In this …

According to a market report by Lucintel, the future of the paper and plastic film capacitor market looks promising with opportunities in power converter, uninterruptible power supply (UPS), solar inverter, and motor drive applications. The global paper and plastic film capacitor market is expected to reach an estimated $1.8 billion by 2028 with a CAGR of 5.4% from 2023 to 2028. The major drivers for this market are increasing demand for consumer electronic products and rising trend towards adoption of …

According to a market report by Lucintel, the future of the military/aerospace PCB market looks promising with opportunities in radar installation, power supply, power conversion, radio communication, lighting, and engine control system applications. The global military/aerospace PCB market is expected to reach an estimated $3.1 billion by 2028 with a CAGR of 5% from 2023 to 2028. The major drivers for this market are growing demand for commercial and regional UAVs, a gradual shift from traditional mechanical to modern electrical …

According to a market report by Lucintel, the future of the supercapacitor market looks promising with opportunities in the transportation, industrial, consumer electronics, and energy end use industries. The global supercapacitor market is expected to reach an estimated $0.7 billion by 2028 with a CAGR of 16.6% from 2023 to 2028. The major drivers for this market are increasing production of electrical vehicles, growth in portable electronics, and superior properties of supercapacitors, such as high energy density, long lifecycles, and …

According to a market report by Lucintel, the future of the porcelain/stoneware drinkware market looks promising with opportunities in the personal use and commercial end use industries. The global porcelain/stoneware drinkware market is expected to reach an estimated $0.66 billion by 2028 with a CAGR of 2.5% from 2023 to 2028. The major drivers for this market are increasing usage in the hospitality because porcelain/stoneware drinkware are durable, attractive, and resistant to chipping or cracking. In this market, coffee mugs, …

According to a market report by Lucintel, the future of the radiation curable speciality coating market looks promising with opportunities in the paper and film, industrial, printing ink, plastic, electronics product, wood, adhesive, and glass application. The global radiation curable speciality coating market is expected to reach an estimated $7.5 billion by 2028 with a CAGR of 6.5% from 2023 to 2028. The major drivers for this market are stringent environmental regulations, along with expanding usage of low VOC and …

According to a market report by Lucintel, the future of the speciality powder coating market looks promising with opportunities in the consumer good, architectural, automotive, general industries, and furniture applications. The global speciality powder coating market is expected to reach an estimated $12.5 billion by 2028 with a CAGR of 6% from 2023 to 2028. The major drivers for this market are increasing application of powder coatings on non-residential sectors, and rising demand for low-cost, low VOC, customised, and multi-coloured …

According to a market report by Lucintel, the future of the semiconductor wafer cleaning equipment market looks promising with opportunities in the MEMS, CIS, Memory, RF device, LED, interposer, and logic applications. The global semiconductor wafer cleaning equipment market is expected to reach an estimated $6.6 billion with a CAGR of 8.5% from 2023 to 2028. The major drivers for this market are increasing usage of MEMS technology, increasing number of critical steps in the wafer cleaning sequence, and rising …

According to a market report by Lucintel, the future of the organic semiconductor market looks promising with opportunities in various applications, which include system components, organic photovoltaic (OPV), OLED lighting, printed batteries, organic RFID tags and display applications. The global organic semiconductor market is expected to reach an estimated $110.4 billion with a CAGR of 6.4% from 2023 to 2028. The major drivers for this market are rise in the demand for advanced, energy-efficient, and environment-friendly electronics products, growing popularity …

According to a market report by Lucintel, the future of the semiconductor rectifier market looks promising with opportunities in the automotive, consumer electronic, power and utility, and IT and telecom industries. The global semiconductor rectifier market is expected to reach an estimated $4.9 billion with a CAGR of 5.0% from 2023 to 2028. The major drivers for this market are growing adoption of smart grids, increased government spending on modern electricity generation and distribution in emerging countries, and rise in …

According to a market report by Lucintel, the future of inorganic pigment in the global speciality dye and pigment market looks promising with opportunities in the building & construction, automotive, packaging, paper & printing, and textile markets. The global speciality dye and pigment market in terms of inorganic pigment is expected to reach an estimated $5.5 billion by 2028 with a CAGR of 5.4% from 2023 to 2028. The major drivers for this market are significantly growing construction sector and …

According to a market report by Lucintel, the future of the high performance anticorrosion coating market looks promising with opportunities in the oil and gas, infrastructure, automotive, power generation, marine, building & construction, and aerospace industries. The global high performance anticorrosion coating market is expected to reach an estimated $11.5 billion by 2028 with a CAGR of 5% from 2023 to 2028. The major drivers for this market are increasing application of these coatings in oil and gas, automotive, infrastructure, …