According to a new report by BIS Research, the global airborne LiDAR system market recorded a revenue of $732.4 million in 2016 and is expected to reach $1.5 billion by 2021.

The US Federal Drug Administration is aiming to cut the time-to-market and the development costs for new drugs. This will help drive the market for biologics — where over 1,000 drugs are currently under development — to 9.6% year-on-year growth from its recent rate of 5.4%.

Check out the latest industry articles from Simba Information, The Freedonia Group, Freedonia Focus Reports, and Packaged Facts.

These articles cover a variety of dynamic markets including education technology, boating, paper industry machinery, and pet products and services.

The U.S. pet industry reached $86 billion in 2017 and continues to have a strong growth trajectory, according to a comprehensive new report by Packaged Facts titled U.S. Pet Market Outlook, 2018-2019.

While sales of pet products and services rose nearly 5% last year, threats of disruption keep industry players scrambling to adjust to a rapidly shifting market landscape.

Here is the latest selection of articles citing new market research and industry news. This week's publishers include:

• Kalorama Information
• The Freedonia Group
• Packaged Facts
• BIS Research

According to a new market research report by BIS Research titled Global Automotive Regenerative Braking System Market - Analysis and Forecast: 2017–2026, the global regenerative braking system (RBS) market is expected to reach a value of $24.52 billion by 2026.

MarketResearch.com's in-house publishing divisions were recently cited in The Wall Street Journal, NPR's Marketplace, Wired, Bloomberg Businessweek, and dozens of other media outlets and trade publications.

Read on for a selection of press clips from Packaged Facts, Kalorama Information, and The Freedonia Group. 

Check out new blog posts covering a broad range of markets, from e-books to pets to home renovations. The content was written by several publishers:

• Simba Information
• The Freedonia Group
• Packaged Facts
• MarketsandMarkets
• Unity Marketing

In its US Freight Transportation Forecast publication, the American Trucking Association (ATA) has estimated that freight transport in the US will grow to 20.73 billion tons by 2028, a growth of 36.6% from that of 2017 numbers (15.18 billion tons).

Here's a curated list of articles published this week by a variety of market research firms, including:

• Kalorama Information
• Simba Information
• Packaged Facts
• The Freedonia Group
• BIS Research
• Marketdata