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Latest Press Releases
Asia-Pacific Medical Grade Silicone Market Size to Reach $0.95 billion by 2035
Published: Jan 2026
Asia-Pacific medical-grade silicone market is projected to grow from $461.4 million in 2025 to reach $950.1 million by 2035, and is growing at a CAGR of 7.6% during the forecast period 2026-2035. The Asia Pacific medical-grade silicone market reflects steady growth in healthcare manufacturing across the region. Expanding hospital infrastructure supports wider use of silicone-based medical components. Medical device producers rely on silicone for its consistency in long term clinical use. Demand is increasing for materials suited for implants, tubing, and fluid handling systems. Product development emphasizes higher purity and controlled performance. Local manufacturing capacity is improving to support regional supply chains.
Global Telemedicine Market To Reach $6.9 Billion By 2035
Published: Jan 2026
Telemedicine market size is anticipated to reach $6.9 billion by 2035 and is projected to grow at a CAGR of 7.5% from 2026 to 2035, according to a new report by Orion Market Research Pvt. Ltd. Expansion of digital health platforms into tier 2 and tier 3 cities enhances population coverage by minimizing travel time, consultation costs, and wait periods for patients, thereby driving market growth. This trend is reflected in recent investments supporting the geographic expansion of telemedicine-enabled care models, with a focus on increasing service penetration and utilization in underserved tier 2 and tier 3 markets.
Global Sulfuric Acid Market to Reach $17.3 Billion by 2025, Expanding at a 6.2% CAGR
Published: Jan 2026
Global sulfuric acid market was valued at $17.3 billion in 2024 and is growing at a CAGR of 6.2% during the forecast period (2026-2035). The rapid expansion of semiconductor manufacturing capacity, particularly for advanced process nodes, has intensified the requirement for ultra-high-purity process chemicals used in critical fabrication steps. As wafer complexity increases and defect tolerance thresholds tighten, demand for electronic-grade sulfuric acid is rising due to its essential role in wafer cleaning and surface preparation processes. This trend is further reinforced by higher wafer starts and the geographic diversification of semiconductor production, which is driving investments in localized, high-purity chemical supply infrastructure to ensure consistent quality, regulatory compliance, and supply chain resilience.
Global Smartphone Sensors Market To Reach $6.9 Billion By 2035
Published: Jan 2026
Smartphone sensors market size is anticipated to reach $6.9 billion by 2035 and is projected to grow at a CAGR of 7.5% from 2026 to 2035, according to a new report by Orion Market Research Pvt. Ltd. Continuous investments in miniaturized spectroscopy and sensor platforms are enhancing accuracy, reducing power consumption, and improving real-time processing, thereby driving market growth and adoption in smartphones. Such advancements are being actively supported through funding and development initiatives that accelerate the transition from lab-scale concepts to commercially viable devices.
Global Smart TV Market Hits $110.2 billion in 2025 with 7.7% CAGR
Published: Jan 2026
Global smart tv market was valued at $110.2 billion in 2025 and is growing at a CAGR of 7.7% during the forecast period (2026-2035). 4K Smart TVs provide ultra-high-definition resolution, delivering clearer, sharper, and more detailed visuals compared to lower-resolution models. They support streaming, gaming, and multimedia applications, enhancing the viewing experience. Growing content availability, declining prices, and consumer preference for immersive entertainment drive their widespread adoption in residential and commercial settings.
Global Smart Speaker Market Hits $14.8 billion in 2025 with 19.5 % CAGR
Published: Jan 2026
Global smart speaker market was valued at $14.8 billion in 2025 and is growing at a CAGR of 19.5 % during the forecast period (2026-2035). Wi-Fi enables smart speakers to connect to home networks, allowing high-quality streaming from multiple services, multi-room audio synchronization, and integration with smart home ecosystems. Advanced standards like Wi-Fi 6/6e improve speed, stability, and low-latency performance, enhancing overall user experience and supporting seamless wireless audio throughout the home.
Global Rechargeable Battery Market To Reach $354.1 billion By 2035
Published: Jan 2026
Rechargeable battery market size is anticipated to reach $354.1 billion by 2035 and is projected to grow at a CAGR of 10.2% from 2026 to 2035, according to a new report by Orion Market Research Pvt. Ltd. for instance, in March 2025, Toshiba introduced its SCiB rechargeable lithium-ion battery in Bangkok, emphasizing its long lifespan and intrinsic safety, critical for electric motorcycle taxis. The battery aims to enhance safety and reliability, supporting Thailand's goal of carbon neutrality by 2050.
Global Nickel-Cadmium Battery Market To Reach $232.4 million By 2035
Published: Jan 2026
Nickel-Cadmium Battery market size is anticipated to reach $232.4 million by 2035 and is projected to grow at a CAGR of 7.5% from 2025 to 2035, according to a new report by Orion Market Research Pvt. Ltd. Ni-Cd batteries provide a longer operational life than lead-acid batteries, making them ideal for applications requiring long-term reliability, which is a key driver of market growth. This reliability and durability have prompted utility companies to adopt Ni-Cd solutions for essential infrastructure. For instance, in February 2025, Power Grid Corp. of India Ltd (PGCIL) partnered with Volks Energie to implement nickel-cadmium battery solutions at its substations.
Global Nano Battery Market To Reach $67.0 million Billion By 2035
Published: Jan 2026
Nano Battery market size is anticipated to reach $67.0 million by 2035 and is projected to grow at a CAGR of 18.5% from 2026 to 2035, according to a new report by Orion Market Research Pvt. Ltd. Technological advancements in battery materials, particularly in lithium iron phosphate (LFP) and nano-scale cathode materials, are improving energy density, safety, and lifecycle, thereby driving market growth in automotive and grid applications. Such developments are further supported by government funding and investments aimed at scaling production capacities to meet growing demand.
Global Biometric Systems Market To Reach $169.4 billion By 2035
Published: Jan 2026
Biometric systems market size is anticipated to reach $169.4 billion by 2035 and is projected to grow at a CAGR of 12.2% from 2026 to 2035, according to a new report by Orion Market Research Pvt. Ltd. Fingerprint recognition is a widely used biometric technology that identifies individuals based on unique patterns of ridges and valleys on their fingers. It provides secure, reliable authentication for access control, digital transactions, and identity verification across sectors such as banking, healthcare, government, and travel. Its accuracy, ease of use, and integration flexibility make it a foundational component of modern biometric systems.