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Covestro AG (Germany) and SABIC (Saudi Arabia) are Leading Players in the Polycarbonate Resin Market

The 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.

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May 15, 2024

3D Motion Capture System Companies - Vicon Motion Systems Ltd (UK) and OptiTrack (US) are the Key Players

The 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.

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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.

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May 15, 2024

Advanced Brain Monitoring, Inc. (US) and G.Tech Medical Engineering GmbH (Austria) are Leading players in the Brain Computer Interface Market

The 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.

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May 15, 2024

India Drone Companies - ideaforge Technology Ltd. (India) and Newspace Research Technologies Pvt. Ltd. (India) are the Key Players

The 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.

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May 15, 2024

Covestro AG (Germany) and Saint-Gobain ISOVER (France) are Leading Players in the Insulation Products Market

The insulation products market is projected to grow from USD 65.9 billion in 2024 to USD 84.2 billion by 2029, at a CAGR of 5.0% from 2024 to 2029. The retrofitting of existing buildings with insulation to meet updated energy codes or improve energy performance is a significant reason for such market growth. Overall, the insulation product market is poised for sustained growth as it aligns with the broader trends of energy efficiency, sustainability, and technological innovation in the construction industry.

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May 14, 2024

Labcorp (US) and Abbott (US) are Leading players in the Drug Screening Market

The global drug screening market is projected to reach USD 19.5 billion by 2029, from USD 9.1 billion in 2024, at a CAGR of 16.6% during the forecast period. Growth in this market is credited to the growing drug & alcohol consumption leading an increase in impaired driving and the enforcement of stringent laws mandating drug & alcohol testing, rising regulatory approvals for drug screening products & services to curb the growing abuse of drug.

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May 14, 2024

Thermo Fisher Scientific Inc. (US) and Charles River Laboratories (US) are Leading players in the Biologics Safety Testing Market

The biologics safety testing market is projected to reach USD 7.2 billion by 2029 from an estimated USD 4.2 billion in 2024, at a CAGR of 11.1% during the forecast period. The major factors driving the growth of this biologics safety testing market include growing development of mAbs and biosimilars and rising investments in biopharmaceutical industry.

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May 13, 2024

Top Companies in eGRC Industry - FIS (US) and Wolters Kluwer (Netherlands)

The eGRC (Enterprise, Governance, Risk, and Compliance) market size is projected to grow from USD 18.3 billion in 2024 to USD 34.5 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 13.4% during the forecast period. The growth of the eGRC market is fueled by the adoption of digital technologies such as cloud computing, IoT, AI, and big data analytics by organizations in their complex and interconnected business processes.

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May 13, 2024

Crystal Oscillator Market Share: Insights and Trends

The crystal oscillator market is a vital component of the electronics industry, catering to a diverse range of applications across sectors such as telecommunications, consumer electronics, automotive, aerospace, and healthcare. As the demand for electronic devices continues to surge, the market for crystal oscillators experiences steady growth, driven by advancements in technology and increasing adoption across industries.

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May 13, 2024

Exploring the Crystal Oscillator Market Size: Trends and Insights

The crystal oscillator market is a vital component of the electronics industry, providing precision timing solutions for a wide range of applications. As technology continues to advance, understanding the size and growth trajectory of the crystal oscillator market becomes essential for stakeholders seeking to capitalize on emerging opportunities and market trends, The global crystal oscillator market was valued at USD 3.0 billion in 2023 and is projected to reach USD 3.4 billion by 2028; it is expected to register a CAGR of 2.5% during the forecast period

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May 13, 2024

Machine Control System Market Size on the Rise: Driving Efficiency and Precision in Industries

The Machine Control System market size is experiencing significant growth, with projections indicating a substantial increase in market size in the coming years.As industries continue to embrace automation and digitalization, the machine control system market is witnessing significant growth, driven by the demand for advanced technology solutions that optimize operations and maximize performance.

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May 13, 2024

Machine Control System Market Share Outlook: Trends and Growth Projections :

The machine control system market is a dynamic and rapidly evolving sector that plays a crucial role in enhancing efficiency, productivity, and precision across industries

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May 13, 2024

Piezoelectric Devices Market Share: Insights and Analysis

The piezoelectric devices market encompasses a wide range of applications across industries such as automotive, healthcare, aerospace, consumer electronics, and industrial automation. Piezoelectric sensors, actuators, transducers, and energy harvesters play pivotal roles in these sectors, contributing to the overall market share of piezoelectric devices.

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May 13, 2024

Piezoelectric Devices Market Size on the Rise

The piezoelectric devices market encompasses a wide range of devices, including sensors, actuators, transducers, and energy harvesters. These devices convert mechanical energy into electrical energy and vice versa, enabling a diverse array of applications across industries such as automotive, healthcare, aerospace, consumer electronics, and industrial automation.

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May 13, 2024

Security Solutions Market Size: A Comprehensive Analysis of Industry Growth

The security solutions market is propelled by a convergence of factors, including heightened global security threats, increasing awareness of the need for robust protective measures, and rapid technological advancements such as artificial intelligence and IoT. The integration of advanced technologies, such as biometrics, video analytics, and cloud-based solutions, enhances the capabilities of security systems, providing a multifaceted approach to threat detection and mitigation.

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May 13, 2024

Thermo Fisher Scientific, Inc. (US) and Agilent Technologies, Inc. (US) are Leading Players in the Biopharmaceutical Process Analytical Technology Market

The global biopharmaceutical process analytical technology market is projected to reach USD 2.6 billion by 2029 from USD 1.2 billion in 2024, at a CAGR of 16.0% during the forecast period.

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May 13, 2024

Nuclear Power Plant Equipment Industry - Forthcoming Trends to Fuel the Global Growth

The global nuclear power plant equipment market is projected to reach USD 18.6 billion by 2027 from an estimated USD 15.7 billion in 2022, at a CAGR of 3.5% during the forecast period. The major factors driving the growth of this market include the growing demand of energy for high performance.

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May 10, 2024

Nuclear Power Plant Equipment Market Size & Share - Future Growth Expectations

The global nuclear power plant equipment market size is projected to reach USD 18.6 billion by 2027 from an estimated USD 15.7 billion in 2022, at a CAGR of 3.5% during the forecast period. The major factors driving the growth of this market include the growing demand of energy for high performance.

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May 10, 2024

Passenger Car Seat Industry - Forthcoming Trends to Fuel the Global Growth

The passenger car seat market is estimated to grow from USD 42.5 billion in 2023 to USD 46.1 billion by 2030 at a CAGR of 1.1% over the forecast period. The growth of this market can be attributed due to rising adoption of powered seats in mid segments and SUVs with growing demand for premium cars is driving the passenger car seats market.

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May 10, 2024

Passenger Car Seat Industry - Forthcoming Trends to Fuel the Global Growth

The passenger car seat market is estimated to grow from USD 42.5 billion in 2023 to USD 46.1 billion by 2030 at a CAGR of 1.1% over the forecast period. The growth of this market can be attributed due to rising adoption of powered seats in mid segments and SUVs with growing demand for premium cars is driving the passenger car seats market.

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May 10, 2024

Synthetic Natural Gas Industry - Emerging Trends to Fuel the Global Growth

The global synthetic natural gas market is projected to reach USD 18.6 billion by 2027 from an estimated USD 15.7 billion in 2022, at a CAGR of 3.5% during the forecast period. The major factors driving the growth of this market include the growing demand of energy for high performance.

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May 10, 2024

Synthetic Natural Gas Market Size & Share - Future Growth Expectations

The global synthetic natural gas market size is projected to reach USD 18.6 billion by 2027 from an estimated USD 15.7 billion in 2022, at a CAGR of 3.5% during the forecast period. The major factors driving the growth of this market include the growing demand of energy for high performance.

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May 10, 2024

Recreational Boat Industry - Forthcoming Trends to Fuel the Global Growth

The global recreational boat market, by value, is estimated to be USD 18.9 Billion in 2023 and is projected to reach USD 25.9 Billion by 2028, at a CAGR of 6.5% from 2023 to 2028. In the near future, demand for recreational boat is expected to increase due to favourable investment made for boat industry.

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May 10, 2024

Recreational Boat Market Size & Share - Future Growth Expectations

The global recreational boat market, by value, is estimated to be USD 18.9 Billion in 2023 and is projected to reach USD 25.9 Billion by 2028, at a CAGR of 6.5% from 2023 to 2028. In the near future, demand for recreational boat is expected to increase due to favourable investment made for boat industry.

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May 10, 2024

Weigh-In-Motion System Industry - Forthcoming Trends to Fuel the Global Growth

The weigh-in-motion system market is projected to reach USD 1.8 billion by 2027 from USD 1.1 billion in 2022, at a CAGR of 10.0% during the forecast period. Increasing government initiatives toward intelligent transportation systems and increasing public-private partnerships (PPPs) are boosting the growth of the weigh-in-motion system market.

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May 10, 2024

Portable Generator Industry - Forthcoming Trends to Fuel the Global Growth

The global Portable generators market is expected to grow at a CAGR of 6.0% during the forecast period, from an estimated USD 2.2 billion in 2022 to USD 2.9 billion in 2027. The market for portable generators is influenced by factors such as demand for reliable backup power solutions, frequency and severity of power outages, growth in outdoor recreational activities, and construction and industrial activities. Manufacturers in this market compete on factors such as price, fuel efficiency, power output, durability, and features such as noise reduction and portability.

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May 10, 2024

Weigh-In-Motion System Size & Share - Future Growth Expectations

The weigh-in-motion system market is projected to reach USD 1.8 billion by 2027 from USD 1.1 billion in 2022, at a CAGR of 10.0% during the forecast period. Increasing government initiatives toward intelligent transportation systems and increasing public-private partnerships (PPPs) are boosting the growth of the weigh-in-motion system market.

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May 10, 2024

Distribution Automation Market Size & Share - Future Growth Expectations

The global distribution automation market is expected to reach USD 28.1 billion by 2027 from an estimated USD 15.8 billion in 2022, at a CAGR of 12.2% from 2022 to 2027. Distribution automation systems enable utilities to remotely monitor, control, and manage the distribution grid in real-time, allowing for faster fault detection, isolation, and restoration of power, thus minimizing downtime and improving overall service reliability. This market has been growing significantly as utilities seek to modernize their infrastructure and adapt to evolving energy demands and regulatory requirements.

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May 10, 2024

Smart Meter Industry - Forthcoming Trends to Fuel the Global Growth

The global smart meter market is expected to reach USD 36.3 billion by 2028 from an estimated USD 23.1 billion in 2023, at a CAGR of 9.4% during the forecast period. The major factors driving the growth of this market include the adoption of smart meters include stringent government policies, increased awareness of the disadvantages of carbon footprint, contactless billing, improved grid reliability and efficient outage response, and the strong need for data analytics in the electric power industry.

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May 10, 2024

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