Day: December 14, 2022

Global gypsum board market was valued at USD 26.60 billion in 2021 and it is expected to reach at USD 38.19 billion by 2028, at a CAGR of 5.3% over the forecast period (2022-2028). Westford, USA, Dec. 14, 2022 (GLOBE NEWSWIRE) — SkyQuest’s analysis found that the global gypsum board market is driven by a number of factors, including population growth, urbanization, rising incomes and the improving standards of living in developing countries. The demand for gypsum board is also being driven by the growing preference for green building materials and the increasing use of drywall in office and retail construction. The report notes that while the global market is growing at a healthy clip, there are some challenges that need to be addressed. These include volatile raw material prices, stringent environmental regulations (in developed...

Global sports footwear market size was valued at USD 97.42 billion in 2021, and it is expected to reach a value of USD 134.99 billion by 2028, at a CAGR of 4.8% over the forecast period (2022–2028). Westford, USA, Dec. 14, 2022 (GLOBE NEWSWIRE) — Global sports footwear market is in a state of flux. Brands are struggling to keep up with the ever-changing trends in the industry, and consumers are increasingly demanding more customization and personalization from their shoes. In order to stay ahead of the curve, brands need to be constantly innovating and evolving their offerings. SkyQuest’s analysis of the sports footwear industry shows that there is still room for growth in the market. However, brands need to be aware of the changing landscape and consumers’ needs in order to continue to prosper. The study provides insights...

Global dump trucks market was valued at USD 10.2 billion in 2021, and it is expected to reach a value of USD 17.59 billion by 2028, at a CAGR of more than 8.1% over the forecast period (2022- 2028). Westford, USA, Dec. 14, 2022 (GLOBE NEWSWIRE) — The report provides an in-depth view of the global dump trucks market, including its size, growth potential, key players, and competitive landscape. According to SkyQuest’s analysis, the global market is worth $10.2 billion and is growing at CAGR of 8.1%. The Asia-Pacific region is the largest market for dump trucks, accounting for 40% of the global demand. China is the largest individual market. Wherein, top 10 players hold over 91% of the market share. Each year, China sell over 90,000 heavy duty dump trucks across the country. Wherein, Yutong, Dongfeng, SHACMAN, Dayun, Sany and XCMG...

Global aircraft engine market size was valued at USD 45.50 billion in 2021, and it is expected to reach a value of USD 104.65 billion by 2028, at a CAGR of 10.89% over the forecast period (2022–2028). Westford, USA, Dec. 14, 2022 (GLOBE NEWSWIRE) — Aircraft engines are in high demand due to the growing popularity of air travel. airlines are expanding their fleets to keep up with the demand, and new aircraft are being delivered with ever-more powerful engines. The most popular type of aircraft engine is the turbofan, which powers the majority of commercial airliners in the global aircraft engine market. These engines are highly efficient, and can generate a great deal of thrust. They also tend to be very reliable, which is critical for safety. Turbofan engines are typically made by large companies such as General Electric, Rolls-Royce,...

Global corporate training market was valued at USD 345.56 billion in 2021, and it is expected to reach a value of USD 493.32 billion by 2028, growing at a CAGR of 8.90% over the forecast period (2022–2028). Westford, USA, Dec. 14, 2022 (GLOBE NEWSWIRE) — Global corporate training market is worth $345.56 billion. The US make up 40% of this market, with Europe taking up another 30%. The rest of the world makes up the final 30%. The global training market has been growing at a CAGR of 8.90% for the past few years and is projected to continue the same in the years to come. However, this growth has been uneven, with North America and Europe growing at a slower rate than Asia Pacific and Latin America. There are several reasons for this uneven growth in the global corporate training market. First, economic conditions have been more...

As per the report by Fortune Business Insights, the global Big Data as a Service Market Size is projected to reach USD 93.2 Billion in 2028, at a CAGR of 28.2% during the forecast period, 2021-2028 Pune, India , Dec. 14, 2022 (GLOBE NEWSWIRE) — The global Big Data as a Service Market size is expected to showcase significant growth by reaching USD 93.52 Billion by 2028. This is attributable to the rapid adoption of big data as a service by social media platforms, coupled with the growing e-commerce industry worldwide. According to a recent report by Fortune Business Insights, titled, “Big Data as a Service (BDaaS) Market, Forecast, 2022-2028”, the market stood at USD 12.72 billion in 2020 and is projected to exhibit an astounding CAGR of 28.2% between 2021 to 2028. Industry Developments: IBM Corporation launched the first advanced...

Global wire harness market is valued at USD 26.23 billion in 2021 and is projected to attain a market size of 39.29 billion by 2028 at a CAGR of 5.93% during the forecast period, 2022–2028. Westford, USA, Dec. 14, 2022 (GLOBE NEWSWIRE) — SkyQuest’s analysis of the wire harness market reveals several key factors that are driving growth and profitability in the sector. The first is the increasing use of wire harnesses in automobiles. Wire harnesses are used to connect electrical components in cars, and they are becoming increasingly complex as cars add more electronic features. This complexity is driving up demand for wire harnesses, and we expect the market for automotive wire harnesses to grow at a CAGR of 6% between 2022 and 2028. Another factor that is driving growth in the wire harness market is the Increasing use of electronics...

According to Fortune Business Insights, the global Virtual Meeting Software Market size is projected to reach USD 41.58 billion by 2027, at a CAGR of 17.0% during the forecast period, 2020-2027 Pune, India, Dec. 14, 2022 (GLOBE NEWSWIRE) — The global virtual meeting software market size was worth USD 12.11 billion in 2019. It is projected to rise from USD 41.58 billion by 2027, exhibiting a CAGR of 17.0% during the forecast period, 2020-2027. Availability of Low-cost Cloud Platforms Will Emerge in Favour of Market Growth. Fortune Business Insights™ has published this information in its latest research report titled, “Virtual Meeting Software Market Forecast, 2022-2027.” Industry Developments: NexTech AR Solutions Corp. (NexTech) announced the launch of a new interactive and immersive conferencing and virtual events software...