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Market Leadership - Clinical Trial Imaging Market

The global clinical trial imaging market is projected to reach USD 1.4 billion by 2026 from USD 1.0 billion in 2021, at a CAGR of 7.6% during the forecast period. Growth in the clinical trial imaging market is mainly driven by factors such as the increase in R&D spending, growth in pharmaceutical and biotechnology industry, increasing number of CROs. However, high implementation cost of imaging system and high cost of clinical trials are the major factors hampering the growth of this market.

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July 27, 2027

Shin-Etsu Chemicals (Japan) and Dow (US) are the Leading Players in the Conformal Coating Market

The Conformal coatings market is estimated to be USD 807 million in 2020 and is expected to reach USD 1,081 million by 2025 at CAGR of 6.0%. Conformal coatings are a type of protective coatings of 25-75µm thickness which are applied to printed circuit boards (PCBs) and other electronic components to protect them from harsh environments such as dust, solvents, moisture, humidity, and high temperature. Conformal coatings increase the operational performance of PCBs assemblies by maintaining long-term surface insulation....... Read More
March 4, 2025

Deutsche Post DHL (Germany) and E.I Du Pont De Nemours and Co. (US) are the Leading Players in the Insulated Packaging Market

The global insulated packaging market size is estimated to grow from USD 11.4 billion in 2020 to USD 15.8 billion by 2025, at a CAGR of 6.7% during the forecast period. The market is projected to witness decent growth in the near future, owing to the wide application in various end use industries of insulated packaging ranging from automotive to pharmaceutical industry. Increasing demand from APAC will further drive the growth of the global insulated packaging market....... Read More
December 15, 2021

Market Leader - Infrared Detector Market

The global Infrared detector market is expected to grow from USD 446 million in 2021 to USD 619 million by 2026, at a CAGR of 6.8%. Increasing demand for Infrared detector products in medical & life sciences and IT & telecommunications industry to drive the market.

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December 6, 2021

NVIDIA (US) and Intel (US) are among the major players in the Artificial Intelligence (AI) Robots Market

The AI Robots market is expected to grow from USD 6.9 billion in 2021 to USD 35.3 billion by 2026; it is expected to grow at a CAGR of 38.6 % during the forecast period. Military and defence, law enforcment, industrial, agriculture and education are the key applications that dominate the AI Robots market and also contribute significantly to its growth.

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October 26, 2021

Market Leader - Lubricating Oil Additives Market

The lubricating oil additives market size is estimated to be USD 18.2 billion in 2021 and is expected to reach USD 20.4 billion by 2026, at a CAGR of 2.3% during the forecast period. Factors such as increasing demand from the automotive and industrial sector are the major driving factors of lubricating oil additives market. Whereas drive towards alternative fuels, rising competition from unorganized and fragmented market and reduction in the use of metal parts by automakers are the major restraints for the lubricating oil additives. Increasing demand for renewable energy is a major opportunity.  Fluctuations in prices of crude oil, rising demand for hybrid and electric vehicles and expensive R&D process to formulate additive package in compliance with stringent environmental regulations remains the major challenges of this market.

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October 26, 2021

Market Leader - Defect Detection Market

The global defect detection market is estimated to grow from USD 3.5 billion in 2021 to USD 5.0 billion by 2026 at a CAGR of 7.5% during 2021–2026. The growth of the defect detection market is driven by factors such as strong focus of manufacturers on automating quality control and quality assurance processes; stringent health and safety measures imposed by governments and standards organizations on global manufacturing firms; and high demand for application-specific integrated circuits (ASICs). However, dearth of skilled professionals in manufacturing factories is restraining the growth of the market. Nevertheless, defect detection systems are likely to be adopted at a significant rate in various industries, garnering the interest of industry players across several verticals.

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October 26, 2021

Market Leader - Vacuum Valve Market

The global vacuum valve market is projected to reach USD 1.8 billion by 2026 from an estimated USD 1.2 billion in 2021, at a CAGR of 8.5% from 2021 to 2026. Major factors driving the growth of the market include rapidly growing semiconductor industry and growing adoption of advanced displays creating demand for vacuum-based manufacturing processes.

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October 26, 2021

International Business Machines Corporation (US) and Oracle Corporation (US) are Leading Players in the Facility Management Market

The global facility management market size to grow from USD 42.2 billion in 2021 to USD 76.3 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 12.6 % during the forecast period. Various factors such as a surge in demand for cloud-based facility management solutions and rise in demand for facility management solutions integrated with intelligent software are expected to drive the adoption of facility management solutions and services.

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October 25, 2021

Market Leader - Satellite Modem Market

The satellite modem market is estimated to grow from USD 403 million in 2021 to reach USD 710 million by 2026; it is expected to grow at a CAGR of 12.0% from 2021 to 2026. A few key factors driving the growth of this market are rising need for enriched high-speed data communication, increase in the number of high-throughput satellites (HTS), and growing demand for satellite communication in internet of things (IoT).

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October 25, 2021

Market Leader - Respiratory Care Devices Market

The respiratory care devices market is expected to reach USD 27.6 billion by 2026 from USD 18.4 billion in 2021, at a CAGR of 8.5% during the forecast period of 2021 to 2026. Due to the outbreak of the corona virus globally, there is a sudden rise in the demand for respiratory care devices. The major factor driving the growth of the respiratory care devices market is the high prevalence of respiratory diseases as a result of the rapid growth in the global geriatric population, high prevalence of tobacco smoking, urbanization and growing levels of pollution, and changing lifestyle. However, factors such as the presence of an unfavorable reimbursement scenario and the availability of low-cost products from local manufacturers are expected to restrain the growth of this market during the forecast period....... Read More
October 22, 2021

Market Leadership - Geotechnical Instrumentation and Monitoring Market

The geotechnical instrumentation and monitoring market is estimated to be worth USD 3.2 billion in 2021 and is projected to reach USD 5.1 billion by 2026, at a CAGR of 9.6%. Rising infrastructure investments, increasing adoption of geotechnical instruments to prevent structural failures, government regulations for sustainable structures and growing awareness about the benefits of instrumentation and monitoring tools are some of the important factors contributing to the market growth globally.

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October 22, 2021

Royal Dutch Shell plc (Netherlands) and ExxonMobil Corporation (US) are leading players in Electric Vehicle Fluids Market

The Electric Vehicle Fluids market is projected to reach USD 8,644 million by 2030, at a CAGR of 31.2% from USD 749 million in 2021.

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October 22, 2021

Market Leader - Edge Computing Market

The Edge Computing Market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 19.0% during the forecast period, to reach USD 87.3 billion by 2026 from USD 36.5 billion in 2021. Growing adoption of IoT across industries, exponentially increasing data volumes and network traffic and rising demand for low-latency processing and real-time, automated decision-making solutions are the drivers of the market growth.

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October 21, 2021

Terumo Corporation (Japan), Abbott (US) and Cardinal Health (US) are leading players in Vascular Closure Devices Market

The global vascular closure devices market is projected to reach USD 1.3 billion by 2026 from USD 0.9 billion in 2021, at a CAGR of 7.0% during the forecast period. The growth in this market can be attributed to a large number of approvals for vascular closure devices, high prevalence of cardiovascular diseases, increasing prevalence of obesity, increasing focus of market players on large-bore vascular closure devices, growing geriatric population, favorable reimbursement scenario for interventional radiology procedures, and rising focus on effective blood loss management in patients during surgeries. Emerging markets providing growth opportunities for market players and growth in the number of hospitals & surgical centers are expected to offer strong growth opportunities for players in the market. In contrast, the need for highly skilled professionals, risks associated with vascular closure devices and stringent regulatory framework may challenge market growth to a certain extent. The vascular closure devices market is segmented based on type, access, procedure, and region.

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October 21, 2021

Siemens (Germany) and Schneider Electric (France) are the Major Players in the Distributed Energy Resource Management System Market

The distributed energy resource management system market is expected to grow from an estimated USD 286 million in 2021 to USD 750 million by 2026, at a CAGR of 21.2% during the forecast period. The growth of this market is driven by the Stringent government mandates for promoting renewable energy usage and subsequent tax reliefs offered by various governments will positively trigger distributed energy resource management system market for the commercial segments....... Read More
October 21, 2021

Market Leaders - Biostimulants Market

The market for biostimulants is estimated at USD 3.2 billion in 2021; it is projected to grow at a CAGR of 12.1% to reach USD 5.6 billion by 2026. The market for biostimulants is projected to grow in the coming years due to the increasing consumer awareness about the sustainable agricultural practices, and demand for residue free food. With the advancement in technologies, the increasing need for sustainable agriculture, and intense research on this market, formulations for blending multiple active ingredients have been developed by major players.

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October 21, 2021

SAP (Germany) and Teradata (US) are Leading Players in the Predictive Analytics Market

The global Predictive Analytics market size to grow from USD 10.5 billion in 2021 to USD 28.1 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 21.7% during the forecast period. Various factors such as increasing use of AI and ML and acquisitions and product launches in this market are expected to drive the adoption of Predictive Analytics software and services.

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October 21, 2021

John Deere (US) and Trimble (US) are the Major Players in the Smart Agriculture Market

The smart agriculture market is expected to grow from USD 12.9 billion in 2021 to USD 20.8 billion by 2026; it is expected to grow at a CAGR of 10.1 % during the forecast period. Precision farming, livestock monitoring and precision aquaculture are the key applications that dominate the smart agriculture market and also contribute significantly to its growth....... Read More
October 20, 2021

Market Leader - Autonomous Underwater Vehicle (AUV) Market

The Autonomous underwater vehicle (AUV) market is estimated to be valued at USD 1.5 billion in 2021 and reach USD 4.3 billion by 2026, at a CAGR of 23.1%. The Increasing capital expenditure of companies in offshore oil & gas industry, and rising defense spending in several countries worldwide are the key factors driving the growth of the market. Likewise, Development and incorporation of advanced technologies in AUVs are expected to create lucrative opportunities for the players in the Autonomous underwater vehicle (AUV) market. However, high operational costs of AUVs are expected to restraint market growth.

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October 20, 2021

Parker-Hannifin Corporation (US) and Chevron Corporation (Switzerland) are leading players in Oil Condition Monitoring Market

The global oil condition monitoring market is expected to grow from USD 1.0 billion in 2021 to USD 1.4 billion by 2026; it is expected to grow at a CAGR of 6.1% during 2021–2026. Key factors fueling this markets growth include surging demand for cost-effective solutions for maintaining machinery health, increasing awareness regarding the importance of oil condition monitoring among industries, and growing focus on reducing maintenance costs. Growing demand for energy and increasing adoption of big data analytics and IIoT create a strong demand for oil condition monitoring for efficient industrial operations in the midst of COVID-19.

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October 20, 2021

Adobe (US) and Oracle (US) are leading players in Customer Experience Management Market

MarketsandMarkets forecasts the global Customer experience management Market size to grow from USD 9.5 Billion in 2021 to USD 16.9 Billion by 2026, at a Compound Annual Growth Rate (CAGR) of 12.3% during the forecast period. The presence of various key players in the ecosystem has led to competitive and diverse market. Digital technologies facilitate the transformation of business process models and help increase revenue generation for end-user companies. Omnichannel-based customer experience (CE) solutions enable organizations to gather customer data in order to provide a quick and seamless shopping experience to customers. Customer engagement, employee empowerment, business process optimization, and product enhancement are some of the business areas transformed by customer experience management (CEM) solutions. Digital technologies such as artificial intelligence (AI), machine learning (ML), cloud computing, big data & analytics, mobility, and social media are incorporated in CX solutions to deliver better CX across channels at scale and to create 1:1 CX across audiences, devices, and regions.

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October 19, 2021

Market Leadership - Gesture Recognition and Touchless Sensing Market

The gesture recognition and touchless sensing market is projected to reach USD 37.6 billion by 2026 from USD 13.6 billion in 2021; it is expected to grow at a CAGR of 22.6% from 2021 to 2026. North America has the largest market share for gesture recognition and touchless sensing. Whereas, APAC has the highest growth rate and is expected to grow at the highest CAGR during the forecast period owing to the rapidly changing face of technology and customer needs in high-potential markets such as China, Japan, South Korea, and India. Due to advancements in technology and the emergence of new business models as well as new infrastructural developments in the developing cities of the region, the gesture recognition and touchless sensing market is exhibiting an upbeat outlook. The growing awareness of hygiene and advancement of security standards would further fuel the adoption of gesture recognition and touchless sensings in APAC. Furthermore, growth in end-use sectors and mounting investments from government bodies are also favoring the growth of the gesture recognition and touchless sensing market in the region. Growing trend of smart homes, as well as use of VR in video games, are some of the are the major opportunities for the gesture recognition and touchless sensing market. On the other hand, factors such as the high replacement cost of, and user resistance for new products and the recent trade wars between US and China are restraining the growth of the gesture recognition and touchless sensing market. Disruption in commercial trade due to Covid-19 and high initial cost as well as complex framework of product technologies are few challenges that the manufacturers are facing.

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October 19, 2021

Market Leader - Cellulosic Fire Protection Intumescent Coatings Market

The cellulosic fire protection intumescent coatings market size is projected to grow from USD 559 million in 2021 to USD 671 million by 2026, at a CAGR of 3.7% during the forecast period. The growth of this market is attributed to growing residential and non-residential building constructions in the country is projected to drive the market. ...... Read More
October 19, 2021

The key development strategies, namely, new product launch/development, expansion, partnership/agreement, and acquisition, are adopted by leading players for boosting the growth of the Tow Prepreg Market

Tow prepreg (also referred to as towpreg) is a form of prepreg made using continuous fibers such as carbon, glass, and others. It is generally used as a material for the filament winding process to produce composite structures. Moreover, these tow prepregs can be used in various industries, including automotive & transportation, aerospace & defense, oil & gas, industrial, and sports & recreational.

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October 18, 2021

Market Leader - Sanitary Pumps and Valves Market

The sanitary pumps market was valued at USD 1.9 billion in 2020 and is projected to reach USD 2.4 billion by 2026; it is expected to register a CAGR of 4.3% from 2021 to 2026. The growth of the market is attributed to the growing industrialization across the world and the increasing awareness of maintaining hygiene across the end-use industries, which include processed food, beverages, pharmaceuticals, dairy, and others across the world, the increasing awareness of the manufacturers toward maintaining hygiene across the end-use industries as well as several stringent regulations and standards designed by the government or other related organizations to maintain a level of safety and hygiene in the end-use products and industries.

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October 18, 2021

ALFA LAVAL (Sweden), SPX FLOW, Inc. (US), and GEA Group Aktiengesellschaft (Germany) are the Major Players in the Hygienic Pumps and Valves Market

The global hygienic pumps and valves market size is expected to grow from USD 2.2 billion in 2021 to USD 2.8 billion by 2026, at a CAGR of 4.5%. Stringent government regulations for maintaining optimal hygiene level and expansion of processing industries globally are the key factors driving the growth of the hygienic pumps and valves market. ...... Read More
October 18, 2021

Samsung Electronics Co., Ltd. (South Korea) and LG Display Co., Ltd. (South Korea) are Leading Players in the Printed Electronics Market

The global printed electronics market is projected to reach USD 23.0 billion by 2026 from an estimated USD 9.9 billion in 2021, at a CAGR of 18.3% from 2021 to 2026. Major factors driving the growth of the market include increased demand for printed electronic products in automotive and transportation industry and growth of the consumer electronics industry.

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October 18, 2021

IBM (US) and Verizon Communications Inc. (US) are leading players in Managed Security Services (MSS) Market

The global MSS market size is projected to grow from USD 22.8 billion in 2021 to USD 43.7 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 13.9% during the forecast period. The major factors that are expected to drive the growth of the MSS market include the stringent government regulations, surge in trends such as BYOD, CYOD, and WFH, the rising security breaches and sophisticated cyberattacks across enterprises, and the cost-effectiveness in implementing MSS.

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October 18, 2021

Snow Software (Sweden) and USU Software AG (Germany) are leading players in Software Asset Management Market

The global software asset management market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 18.1% during the forecast period, to reach USD 4.8 billion by 2026 from USD 2.0 billion in 2021. Key factors that are expected to drive the growth of the market are the rising need to manage audits and meet regulatory compliance standards, growing need to manage and optimize the purchase, deployment, maintenance, utilization, and disposal of software applications within the business, and lower software spend cost. These factors are driving the demand for software asset management.

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October 18, 2021

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