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Pressure Sensor Companies - Honeywell International Inc. (US) and ABB (Switzerland) are the Key PlayersThe global pressure sensor market is expected to be valued at USD 12.4 billion in 2024 and is projected to reach USD 17.0 billion by 2029; it is expected to grow at a CAGR of 6.5% from 2024 to 2029. Market participants have adeptly addressed rising pressure sensor demands in diverse industries, extending their global reach through strategic growth approaches like introducing new products, acquiring assets, forging partnerships, fostering collaborations, establishing alliances, and expanding their operations. ...... Read More |
May 24, 2024 |
Arkema (France) and Synthomer PLC (UK) are Leading players in the Synthetic Latex Polymers MarketThe synthetic latex polymers market is projected to reach USD 53.2 billion by 2029, at a CAGR of 5.5% from USD 40.6 billion in 2024. The growth of the global synthetic latex polymers market is fueled by growing application in paints and coatings, which is significantly boosting industry growth. This demand is driven by the need for versatile materials that provide properties such as water resistance, high performance, strength, and flexibility, making synthetic latex polymers ideal for various industrial uses, especially in the paints and coatings sector. Additionally, the construction industry offers substantial opportunities for synthetic latex polymers, particularly in products like adhesives, sealants, and coatings, where these polymers enhance elastomeric properties and prevent cracking. ...... Read More |
May 23, 2024 |
Top Companies in Cloud Analytics Industry - IBM (US), Google (US) and Microsoft (US)The cloud analytics market is expected to grow from USD 35.7 billion in 2024 to USD 118.5 billion in 2029, at a CAGR of 27.1% during the forecast period. Cloud analytics involves analyzing data within a cloud-based platform to uncover valuable business insights. It empowers users to explore vast datasets stored in the cloud, identifying significant trends, predicting outcomes, and making informed decisions. By leveraging this approach, businesses can take proactive steps based on data-driven strategies, ultimately enhancing their operations and achieving growth objectives. ...... Read More |
May 23, 2024 |
Fingerprint Sensor Companies - Shenzhen Goodix Technology Co., Ltd. (China) and Fingerprints (Sweden) are the Key PlayersThe fingerprint sensor market is projected to grow from USD 4.2 billion in 2024 and is expected to reach USD 5.9 billion by 2029, growing at a CAGR of 7.0% from 2024 to 2029. There is an extensive use of fingerprint sensors in consumer electronic devices for biometric authentication. Fingerprint sensors provide a convenient and secure method for device authentication. They eliminate the need for remembering complex passwords or PINs, streamlining access to smartphones, laptops, and tablets. They have become integral to security measures across multiple applications, from employee attendance to combating online and offline scams. ...... Read More |
May 23, 2024 |
Shimadzu Corporation (Japan) and Agilent Technologies, Inc. (US) are Leading Players in the Cannabis Testing MarketThe cannabis testing market is projected to reach USD 4.0 billion by 2029 from an estimated USD 1.8 billion in 2024, at a CAGR of 17.2% during the forecast period. The growth of the cannabis testing market is propelled by increasing legalization and propelled use cannabis in the field of medicine. Additionally, advancements in analytical techniques is further likely to spur the market growth. ...... Read More |
May 23, 2024 |
Zinc Battery Companies - Duracell Inc. (US) and Panasonic Energy Co., Ltd. (Japan) are the Key PlayersThe global zinc battery market size is estimated to be USD 1.0 billion in 2024 and is projected to reach USD 2.0 billion by 2029, at a CAGR of 13.6% during the forecast period. The key factors fuelling the growth of this market are abundance of zinc metal, benefits over other battery technologies, and increasing investments globally in the grid infrastructure. ...... Read More |
May 23, 2024 |
Digital Signal Processor Companies - Analog Devices, Inc. (US) and Microchip Technology Inc. (US) are the Key PlayersThe Digital Signal Processor market is projected to grow from USD 10.1 billion in 2024 and is projected to reach USD 14.7 billion by 2029; it is expected to grow at a CAGR of 7.8% from 2024 to 2029. The growth of the Digital Signal Processor market is driven by surging adoption of Internet of Things (IoT) and connected devices. ...... Read More |
May 22, 2024 |
Henkel AG & Co. KGaA (Germany) and Huntsman Corporation (US) are Leading Players in the Structural Adhesives MarketThe global structural adhesives market size was USD 13.5 billion in 2024 and is projected to reach USD 17.7 billion by 2029, at a CAGR of 5.5% between 2024 and 2029. The market for structural adhesives is expanding due to the growing applications in wind energy, marine, building & construction, and automotive industries, which are using more modified epoxies and polyurethane adhesives, as well as methyl methacrylate adhesives. ...... Read More |
May 22, 2024 |
Top Companies in Video Streaming Software Industry - IBM (US) and Brightcove (US)The video streaming software market is expected to grow at a Compound Annual Growth Rate (CAGR) of 17.5% during the forecast period, from USD 13.3 billion by 2024 to USD 29.7 billion by 2029. The increasing demand for online video streaming and the availability of highspeed 5G internet is expected to drive the adoption of video streaming software during the forecast period. ...... Read More |
May 22, 2024 |
Top Companies in A2P Messaging Industry - AT&T (US) and China Mobile (China)The A2P messaging market size is projected to grow from USD 73.1 billion in 2024 to USD 84.8 billion by 2029, at a CAGR of 3.0% during the forecast period. Increasing mobile phone penetration, particularly in emerging markets, is a significant driver for A2P messaging. As more people gain access to mobile devices, the potential user base for A2P services expands. ...... Read More |
May 22, 2024 |
IoT Node and Gateway Companies - Intel Corporation (US) and Qualcomm Technologies, Inc. (US) are the Key PlayersThe IoT Node and Gateway Market is projected to grow from USD 424.6 billion in 2024 and is projected to reach USD 604.7 billion by 2029; it is expected to grow at a CAGR of 7.3% from 2024 to 2029. The growth of the IoT Node and Gateway market is driven by the Focus on industrial automation and Industry 4.0; and Proliferation of 5G technology. ...... Read More |
May 22, 2024 |
Industrial Vending Machine Companies -Fastenal Company (US) and Airgas, Inc. (US) are the Key PlayersThe global industrial vending machine market size is expected to grow from USD 1.6 billion in 2024 to USD 2.5 billion by 2029, at a CAGR of 10.1% from 2024 to 2029. The benefits of industrial vending are interminable. With industrial vending machines, one can cut spending, reduce inventory consumption, and eliminate stock-outs and downtime. Machines can be programmed to dispense reconditioned, older tools before new tools, reducing inventory cost. ...... Read More |
May 21, 2024 |
Drone Sensor Companies - TE Connectivity (US) and Drone Nerds Enterprise (US) are the Key PlayersThe drone sensor market is expected to be 1.4 billion in 2024 and reach USD 2.5 billion by 2029, at a CAGR of 12.1% between 2024 and 2029. The market for drone sensors is poised for growth, driven by several key factors. These include the escalating demand for higher-resolution imaging in mapping and surveying, the need for precise positioning for navigation, and the increasing use of drones in sectors such as agriculture, logistics, and commercial industries for tasks like payload delivery. Additionally, there's a rising requirement for advanced crop analysis in precision farming. ...... Read More |
May 20, 2024 |
Edge AI Hardware Companies - Qualcomm Technologies, Inc. (US) and Huawei Technologies Co., Ltd. (China) are the Key PlayersThe edge AI hardware market is projected to grow from USD 24.2 billion in 2024 and is expected to reach USD 54.7 billion by 2029, growing at a CAGR of 17.7% from 2024 to 2029. The growing need for fast and real time data processing in critical situations is fueling the growth of the Edge AI hardware market. Mission-critical applications such as autonomous vehicles, industrial automation, and healthcare require instantaneous decision-making. Edge AI hardware enables data processing at the edge of the network, minimizing latency by avoiding round trips to centralized servers. This capability is crucial for ensuring real-time responsiveness. ...... Read More |
May 20, 2024 |
3M (US) and Emerson Electric Co. (US) are Leading players in the Environmental Monitoring MarketThe global environmental monitoring market is projected to reach USD 18.6 billion by 2029 from USD 14.7 billion in 2024, at a CAGR of 4.9% from 2024 to 2029. The rising levels of PM2.5 in the air, advancements in the wireless communication technologies, both cellular and non-cellular, increasing health concerns resulting from escalating pollution levels, rising public consciousness regarding the health consequences of environmental pollution, and growing governmental focus on adhering to pollution monitoring standards. These key factors are encouraging the growth of environmental monitoring market globally. ...... Read More |
May 20, 2024 |
Top Companies in Carotenoids Industry - DSM (Netherlands), Givaudan (Switzerland) and ADM (US)The carotenoids market is estimated at USD 2.5 billion in 2024 and is projected to reach USD 3.4 billion by 2029, at a CAGR of 6.3% from 2024 to 2029. ...... Read More |
May 20, 2024 |
Leading Companies in Smart Learning Industry - IBM (US) and Adobe (US)The smart learning is projected to grow from USD 67.1 billion in 2024 to USD 155.2 billion by 2029 at a CAGR of 18.3% during the forecast period. Smart learning solutions offer cost-effective alternatives to traditional education methods by reducing the need for physical infrastructure and resources. These solutions are also scalable, accommodating growing numbers of students without significant additional costs. This scalability is particularly beneficial for educational institutions looking to expand their reach and provide quality education to a larger audience. As industries strive to meet learning standards, the demand for smart learning solutions continues to grow, driving innovation in smart learning market. ...... Read More |
May 20, 2024 |
Medtronic plc (Ireland) and Johnson & Johnson (Ethicon) are Leading Players in the Electrosurgery MarketThe electrosurgery market is projected to reach USD 9.4 billion by 2029 from USD 6.9 billion in 2024 at a CAGR of 6.4% during the forecast period. Advancements in electrosurgical devices, driven by improvements in energy delivery systems, safety features, and precision tools, are poised to revolutionize the medical field. Enhanced energy delivery ensures precise tissue manipulation while minimizing collateral damage, leading to quicker recovery times and reduced complications. Safety features, including real-time monitoring and automated shutdown protocols, instill confidence among healthcare professionals and patients, driving adoption rates. Integration of precision tools such as miniaturized electrodes and robotics enables unprecedented accuracy in surgeries, reshaping procedures and expanding the scope of minimally invasive techniques. These technological strides are propelling the electrosurgical device market forward, promising greater efficiency and improved patient outcomes across medical specialties. ...... Read More |
May 20, 2024 |
Honeywell International Inc. (US) and Croda International Plc (UK) are Leading Players in the Phase Change Materials MarketIn terms of value, the phase change materials market is estimated to grow from USD 628 million in 2024 to USD 1,383 million by 2029, at a CAGR of 17.1%. Rising demand for phase change materials from industries such as building & construction, HVAC, cold chain & packaging, thermal energy storage, refrigeration & equipment, textiles, electronics, and others for a variety of applications is leading the market. During the forecast period, this is anticipated to expand the phase change materials market even more. ...... Read More |
May 17, 2024 |
Pfizer Inc. (US) and Teva Pharmaceutical Industries Ltd. (Israel) are Leading players in the Active Pharmaceutical Ingredient MarketThe active pharmaceutical ingredients market is projected to reach USD 238.3 billion by 2029 from an estimated USD 163.5 billion in 2024, at a CAGR of 7.8% during the forecast period. The major factors driving the growth of this market include the increasing R&D funding, increasing outsourcing of active pharmaceutical ingredients manufacturing services, increase in healthcare expenditure. However, the complications during API manufacturing, low profit margins and high manufacturing costs is a major factor restraining market growth to a certain extent. ...... Read More |
May 17, 2024 |
HVAC System Companies - DAIKIN INDUSTRIES (Japan) and Johnson Controls (Ireland) are the Key PlayersThe HVAC System Market is expected to be valued at USD 281.7 billion in 2024 and is projected to reach USD 389.9 billion by 2029 and grow at a CAGR of 6.7% from 2024 to 2029. Product elaunches, acquisitions, partnerships, collaborations, agreements, and expansions are the major growth strategies adopted by the market players. These strategies have enabled them to efficiently fulfil the growing demand for HVAC System Market and expand their global footprint by offering their product and services in all the major regions. ...... Read More |
May 17, 2024 |
Market Leaders - 3D Bioprinting MarketThe 3D bioprinting market is projected to reach USD 2.4 billion by 2029 from USD 1.3 billion in 2024, at a CAGR of 12.7% during the forecast period. Advancement in the 3D bioprinting technology, growing adoption of 3D bioprinting technology within the pharmaceutical & cosmetics sectors, rising public-private partnership & collaboration, increasing investments in research & development and the expenditure on medical devices. ...... Read More |
May 16, 2024 |
Market Leader - Industrial Lubricants MarketIn terms of value, the industrial lubricants market is estimated to grow from USD 63.9 billion in 2024 to USD 74.3 billion by 2029, at a CAGR of 3.1%. Industrial lubricants market have grown as the demand from food processing end-use industry, and rising industrial growth in the Middle East & Africa and Asia Pacific region. These factors drive the lubricants lubricants market. ...... Read More |
May 16, 2024 |
Inertial Navigation Systems Companies - Safran Electronics & Defense (France) and Northrop Grumman (US) are the Key PlayersThe market for the Inertial navigation systems is expected to grow rapidly, reaching USD 13.5 billion by 2029, from USD 10.3 billion in 2024, at a CAGR of 5.6%. ...... Read More |
May 16, 2024 |
Covestro AG (Germany) and SABIC (Saudi Arabia) are Leading Players in the Polycarbonate Resin MarketThe polycarbonate resin market is projected to reach USD 20.1 billion by 2029, at a CAGR of 5.5% from USD 15.3 billion in 2024. The market growth is driven by influencing factors such as growing demand from automotive industry and rapid urbanization and infrastructure development. ...... Read More |
May 15, 2024 |
3D Motion Capture System Companies - Vicon Motion Systems Ltd (UK) and OptiTrack (US) are the Key PlayersThe global 3D motion capture system market is expected to be valued at USD 240 million in 2024 and is projected to reach USD 484 million by 2029 and grow at a CAGR of 15.0% from 2024 to 2029. Product launches, acquisitions, collaborations, partnerships, agreements, and expansions are market players' major growth strategies. These strategies have enabled them to fulfill the growing demand for 3D motion efficiently capture systems from different verticals and expand their global footprint by offering products in all the major regions. ...... Read More |
May 15, 2024 |
Top Companies in Distribution Automation Industry - ABB (Switzerland), Schneider Electric (France) and Siemens (Germany)The global distribution automation market is estimated to be valued at USD 19.3 billion in 2024 and is projected to reach USD 36.5 billion by 2029, growing at a CAGR of 13.6% for the forecast period of (2024-2029). The global distribution automation market is expected to witness significant growth during the forecast period due to the the increasing demand for reliable and efficient power distribution, growing investments in smart grid projects, adoption of new technological advancements in IoT and communication systems. ...... Read More |
May 15, 2024 |
Advanced Brain Monitoring, Inc. (US) and G.Tech Medical Engineering GmbH (Austria) are Leading players in the Brain Computer Interface MarketThe brain computer interface market is projected to reach USD 506 million by 2029 from USD 262 million in 2024, at a CAGR of 14.1% from 2024 to 2029. Brain computer interface is employed in numerous fields—for example, disabilities restoration/ rehabilitation, assistive technologies, neuroscience research, communication and control, entertainment and gaming. They are also used in smart home control, education & everyday well-being. The growth of this market is driven by the growing incidence & prevalence of neurological disorders, increasing demand for non-invasive and wearable BCI devices, and rising Investments in research and development. However, the high cost of the BCI systems inhibits the market growth. ...... Read More |
May 15, 2024 |
India Drone Companies - ideaforge Technology Ltd. (India) and Newspace Research Technologies Pvt. Ltd. (India) are the Key PlayersThe India Drone Market is projected to grow from USD 654 Million in 2024 to USD 1,437 Million by 2029, at a CAGR of 17.0% during the forecast period. The Drone volume in the India Drone Market is projected to grow from 10,803 Units in 2024 to 61,393 Units by 2029. The India drone market is experiencing rapid growth, driven by increasing demand across various sectors, including agriculture, defense, and e-commerce. Supportive government policies and initiatives, such as the Drone Shakti scheme, have further expanded the industry. ...... Read More |
May 15, 2024 |
Environment, Health and Safety (EHS) Market Emerging Trends - Global Growth ProjectionsThe Environment, health and safety market is projected to grow from $7.9 billion in 2024 to $11.5 billion by 2029 at a CAGR of 7.6% during the forecast period. Driven by heightened public awareness of environmental issues such as climate change and pollution, industries are under pressure to minimize their ecological impact. EHS services assist companies in efficiently managing waste, emissions, and resource usage, contributing to environmental sustainability. This proactive approach not only ensures regulatory compliance but also enhances operational efficiency and addresses environmental challenges. As industries strive to meet stringent environmental standards, the demand for EHS services continues to grow, driving innovation in environmental management practices. ...... Read More |
May 15, 2024 |
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