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Market Leader - Aliphatic Solvents & Thinners Market

The aliphatic hydrocarbon solvents & thinners market is projected to grow from USD 4.6 billion in 2019 to USD 5.2 billion by 2024, at a CAGR of 2.7% from 2019 to 2024. Increased demand for paints & coatings, which require aliphatic hydrocarbon solvents & thinners, from various end-use industries, such as decorative paints, automotive, industrial, and protective paints & coatings is one of the key factors driving the growth of the aliphatic hydrocarbon solvents & thinners market across the globe. ...... Read More
July 24, 2019

Market Leadership - Digital Twin Market

The overall digital twin market is estimated to grow from USD 3.8 billion in 2019 to USD 35.8 billion by 2025, at a CAGR of 37.8%. Declining time and cost of product development and unplanned downtime with the adoption of digital twins, increasing adoption of emerging technologies such as IoT and cloud, and growing use of digital twin for predictive maintenance are among the factors fueling the growth of the digital twin market.

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July 24, 2019

Medtronic (Ireland) and Galil Medical (US) are Leading Players in the Cryotherapy Market

The cryotherapy market is projected to reach USD 319 million by 2024 from USD 206 million in 2019, at a CAGR of 9.1%. The increasing demand for minimally invasive procedures; rising incidence of sports injuries, cardiac conditions, and cancers; technological advancements in cryotherapy equipment are important factors driving the growth of this market.

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July 24, 2019

India Connected Car Market - Market Leaders

Factors such as growing demand for smart mobility solutions and the emergence of startups for connected technologies have boosted the India connected car market. The India connected car market is projected to grow at a CAGR of 22.2% from 2019 to 2025, to reach USD 32.5 billion by 2025.

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July 24, 2019

EntomoFarms (Canada) and Ÿnsect (France) are the Key Players in the Insect Protein Market

The insect protein market is estimated to be valued at USD 144 million in 2019 and is projected to reach USD 1,336 million by 2025, recording a CAGR of 45.0% during the forecast period. Factors such as the increasing need for protein as nutrition and increasing investments in research & development are driving the growth of the insect protein market....... Read More
July 24, 2019

DJO Finance LLC (US) and Össur Hf (Iceland) are Leading Players in the OTC Braces & Supports Market

The OTC braces and supports market is projected to reach USD 1.5 billion by 2024 from USD 1.2 billion in 2019, at a CAGR of 5.1% during the forecast period. Factors such as the increasing prevalence of orthopedic diseases & disorders, rising number of sports & accident-related injuries, and growing public awareness related to preventive care are driving the growth of the OTC braces and supports market. However, the limited clinical evidence to support the efficacy of orthopedic braces & supports and significant adoption of pain medications are expected to restrain the growth of this market to a certain extent during the forecast period.

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July 23, 2019

Acquisitions, expansions, new product development, partnerships & agreements, and investments for R&D are some of the strategies adopted by the key players in DC-DC Converters Market

The DC-DC converter market is projected to grow from USD 8.5 billion in 2019 to USD 22.4 billion by 2025, at a CAGR of 17.5% from 2019 to 2025. Telecommunication, automotive, industrial robotics, and aerospace & defense are some of the key end-users of these converters. The development and growth of these end-users are leading to the increasing adoption of DC-DC converters.

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July 22, 2019

New Product Development is the Key Strategy Adopted by the Major Players in the Automotive Lightweight Material Market

The global automotive lightweight material market is projected to grow from USD 89.1 billion in 2019 to USD 157.7 billion by 2027, at a CAGR of 7.4% during the forecast period. The increasing stringency of vehicle emission and fuel economy regulations and growing government initiatives for vehicle weight reduction are expected to drive the growth of the automotive lightweight material market. ...... Read More
July 22, 2019

Hella (Germany) and Lumishore (UK) are the Leading Players in the Marine Lighting Market

The global marine lighting market is projected to grow to USD 495 million by 2027 from USD 328 million in 2019, at a CAGR of 5.3% during the forecast period. The increasing demand for lighting is driven primarily by the growing usage of LEDs and the stringent regulations for the marine industry....... Read More
July 22, 2019

Applause (US) and Global App Testing (UK) are leading players in Crowdsourced Testing Market

MarketsandMarkets expects the global crowdsourced testing market size to grow from USD 1.3 billion to USD 2.0 billion at a CAGR of 9.9% during the forecast period. Crowdsourced testing management is a process of delegating testing tasks to broad groups of testers spread across geographies who perform testing on a variety of real environments. Crowdsourced testing is performed mainly for improving the quality of software production from the end-user’s perspective. It provides the advantage of real-world multi-platform testing that involves a large variety of hardware and software combinations.

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July 22, 2019

APAC is expected to be the fastest-growing market for Nanowire Battery Market

The nanowire battery market is estimated at USD 53 million by 2021 and is projected to reach USD 243 million by 2026, growing at a CAGR of 35.7%. A nanowire battery is a new type of lithium-ion battery, which uses nanowires to increase the surface area of one or both the electrodes. Nanowire batteries are currently under the research and development phase. They are being considered as a long-term replacement for lithium-ion batteries, which are being used extensively for powering consumer electronics and electric vehicles.

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July 22, 2019

3M Company (US) and Reckitt Benckiser Group (UK) are Leading Players in the Surface Disinfectant Market

The surface disinfectants market is projected to reach USD 1,252 million by 2024 from USD 837 million in 2019, at a CAGR of 8.4% from 2019 to 2024. Surface disinfectants are used to prevent microbial cross-contamination and transmission of microbial infections through surfaces in hospitals, pathology labs, and other patient-related areas. They are also used in research laboratories and pharmaceutical & biotechnology companies, where human cells are handled and maintained for the purpose of R&D.

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July 22, 2019

Sony (Japan) and Samsung Electronics (South Korea) are among the Major Players in the Low-Light Imaging Market

Low-light image sensors can capture images effectively, even in poor lighting conditions. The higher sensitivity of low-light image sensors not only decreases the requirement for additional lighting sources but also reduces power usage and still offers high-quality pictures. In imaging devices, a low-light image sensor is a critical component that increases the light sensitivity of these devices. Besides low-light image sensors, various software solutions are also available in the market that can be used in imaging devices to enhance the picture quality of images captured in low-lighting environments. The low-light imaging market is expected to be valued at USD 10.0 billion in 2019 and is likely to reach USD 18.4 billion by 2024, at a CAGR of 12.8% during the forecast period. Consumer electronics and automotive are the two key verticals which dominate the low-light imaging market and are also responsible for its significant growth. 

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July 19, 2019

Trend Micro (Japan) and Avast Software (Czech Republic) are leading players in Virtual Mobile Infrastructure Market

The global Virtual Mobile Infrastructure (VMI) market size is expected to grow from USD 113 million in 2019 to USD 173 million by 2024, at a CAGR of 8.9% during 2019–2024. Increase in smartphone penetration and reduced hardware and operating cost using VMI are driving factors for the VMI market.

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July 19, 2019

Wilbur-Ellis (US) and Croda International (UK) are the Key Players in the Crop Oil Concentrates Market

The crop oil concentrates market is estimated to be valued at USD 199 million in 2019 and is projected to reach USD 254 million by 2025, recording a CAGR of 4.1% during the forecast period. The growth of the crop oil concentrates market is driven by factors such as the growing need to increase the efficiency of agrochemicals and increasing adoption of herbicide-tolerant crops. ...... Read More
July 19, 2019

Huntsman Corporation (US) and Archroma Management LLC (Switzerland) are the Leading Players in the Textile Dyes Market

The textile dyes market is projected to grow from USD 8.2 billion in 2019 to USD 10.9 billion by 2024, at a CAGR of 5.9% between 2019 and 2024. APAC is the largest consumer of textile dyes. Low-cost of manufacturing in APAC countries and high demand for textile dyes in APAC are the major factors driving the market....... Read More
July 19, 2019

Philips Healthcare (Netherlands) and Medtronic plc. (Ireland) are Leading Players in the Respiratory Care Devices Market

The global respiratory care devices market is projected to reach USD 31.8 billion by 2024 from USD 20.6 billion in 2019, at a CAGR of 9.1% during the forecast period. 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 smoking, rising urbanization and growing levels of pollution, and lifestyle changes.

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July 19, 2019

Textron Aviation’s Cessna is one of the Leading Manufacturers of Business Jets Market

A business jet is an aircraft used by businessmen, politicians & other government officials, and high-net-worth individuals. Business jets provide an efficient and productive means of air travel to cater to schedules of various individuals or groups and to reach destinations that are not covered by commercial airlines. These aircraft are also used during emergencies such as floods and evacuations. Business jets are generally owned by high-net-worth individuals, governments, businesses, and operators such as charter companies.

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July 19, 2019

LG Innotek (South Korea) and ABB (Switzerland) are the Leading Players in the Electric Vehicle Communication Controller Market

The global electric vehicle communication controller (EVCC) market is projected to reach USD 563 million by 2027 from an estimated USD 55 million in 2019, at a CAGR of 33.8%. The base year for the report is 2018, and the forecast period is 2019 to 2027. The growing concerns of various government bodies about a cleaner environment have increased the demand for zero-emission vehicles, which in turn is driving the electrification of vehicles. The increasing demand for electric vehicles will, in turn, fuel the growth of components such as electric vehicle communication controller (EVCC) that helps to normalize the current flowing from the charger to electric vehicle. EVCC communicates with the supply equipment communication controller (SECC) on the charger. EVCC has witnessed rapid evolution with ongoing developments in electric vehicles, battery technology, and charging infrastructure....... Read More
July 18, 2019

STMicroelectronics (Netherlands) and Texas Instruments (US) are Leading Players in the Audio Amplifier Market

The audio amplifier market is projected to grow from USD 3.4 billion in 2019 to USD 4.4 billion by 2024, at a CAGR of 5.6% from 2019 to 2024. Based on channel type, the market has been segmented into mono channel, two channel, four channel, six channel, and others. Based on device, the audio amplifier market has been segmented into smartphones, television sets, tablets, desktops & laptops, home audio systems, automotive infotainment systems, and professional audio systems. Based on end-user industry, it has been segmented into consumer electronics, automotive, and entertainment. The audio amplifier market has been studied for four main regions: North America, Europe, Asia Pacific, and the Rest of the World (RoW).

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July 18, 2019

3D Projector Market - Market Leadership

The global 3D projector market is estimated to grow from USD 3.1 billion in 2019 to USD 4.4 billion by 2024, at a CAGR of 7.1%. Major factors driving the growth of the market are the adoption of 3D projectors in cinema halls, digitalization in the education sector, and technological advancements in 3D projectors. However, factors such as the adoption of LED screens as substitutes to projectors pose challenges.

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July 18, 2019

L3 Technologies (US) and Smiths Group (UK) are leading players in Contraband Detector Market

The global contraband detector market is projected to grow from USD 3.9 billion in 2019 to USD 5.4 billion by 2024, at a CAGR of 6.7%. Major factors driving the growth of the contraband detector market are the rising security concerns due to rapid urbanization, the growing importance of security in the aviation & retail industries, and increasing government investments for improvement of existing transit facilities & construction of new transit locations, especially airports.

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July 18, 2019

Key players adopted various strategies to grow in the IoT Connectivity Market

MarketsandMarkets expects the IoT connectivity market to grow from USD 3.8 billion in 2019 to USD 8.9 billion by 2024, at a compound annual growth rate (CAGR) of 18.7% during the forecast period 2019-2024.

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July 18, 2019

Solar Lighting System Market - Market Leadership

The solar lighting system market is projected to reach USD 10.8 billion by 2024 from USD 5.2 billion in 2019, at a CAGR of 15.6%. Major drivers for the growth of the market are growing need for energy-efficient solar lighting systems for highways, increasing use of renewable energy for lighting, rising penetration & decreasing cost of LEDs, and growing demand from developing and emerging countries. Furthermore, underlying opportunities for the solar lighting system market include a decline in their cost and enhancement in technological aspects. Major restraints for the market are lack of awareness about finance and payback period. The lack of customer ownership in utility-owned solar street lighting poses a major challenge to the solar lighting system market.

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July 17, 2019

Scott Technology Ltd. (New Zealand), Fuelmatics AB (Sweden) and ROTEC Engineering B.V. (Netherlands) are leading players in Robotic Refueling System Market

The robotic refueling system market is expected to grow from USD 25 million in 2019 to USD 2.2 billion by 2030, at a CAGR of 50.0% during forecast period. Increasing requirement for low-cost operations in the mining vertical, and the need to improve security & safety during fuel dispensation are the key factors driving the growth of the market. One of the major restraints for the growth of the market is the legal and safety regulations. The increasing adoption of autonomous technology is one of the important opportunities for the growth of the robotic refueling system market. A challenge faced by the key players in the market is the replacement of manual caps with automated fuel caps.

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July 17, 2019

Air Liquide Advanced Separations (France) and Air Products and Chemicals Inc. (US) are the Key Players in the Gas Separation Membranes Market

The gas separation membranes market size is estimated at USD 846 million in 2019 and is projected to reach USD 1.1 billion by 2024, at a CAGR of 6.0%....... Read More
July 17, 2019

Givaudan (Switzerland) and Firmenich SA (Switzerland) are the Key Players in the Natural Fragrance Market

The natural fragrance market size is projected to reach USD 4.3 billion by 2024 from USD 2.7 billion in 2019, at a CAGR of 9.6% between 2019 and 2024. Rising growth in the personal care & cosmetic industry and growing demand for natural & organic products are driving the demand for natural fragrance market. High production and R&D costs, as well as compliance with quality and regulatory standards, are restraining the growth of the natural fragrance market. On the other hand, a significant change in the lifestyle of consumers towards natural products over synthetic ones drives the demand for natural fragrances. The players in the natural fragrance market are mainly concentrating on expansions, new product launches, and acquisitions to meet the growing demand in various applications. New product launches help companies strengthen their product portfolio and meet the specific requirements of customers. ...... Read More
July 16, 2019

Market Leadership - Purpose-built Backup Appliance (PBBA) Market

The purpose-built backup appliance market is expected to grow from USD 5.2 billion in 2019 to USD 8.6 billion by 2024, at a CAGR of 10.6%. The purpose-built backup appliance is used to take the backup of enterprise data. The market for the purpose-built backup appliance is driven by the rising awareness and focus of enterprises to protect their business data and recover it using this tool, growing adoption of IoT, and stringent rules & regulation such as GDPR to protect the data and offer security.

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July 16, 2019

Oracle (US) and Adobe (US) are leading players in Product Analytics Market

The global product analytics market size is projected to grow from USD 6.9 billion in 2019 to USD 13.9 billion by 2024, at a CAGR of 15.1% during the forecast period. Major factors driving the market include the growing adoption of big data and other related technologies

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July 15, 2019

Market Leader - Low Speed Vehicle Market

The low speed vehicle market in North America is projected to grow at a CAGR of 3.1%, reaching USD 4.2 billion by 2022. The rising trend of using LSV in gated communities, resorts, industrial & college campuses, and advancements in the transportation industry is estimated to drive the low speed vehicle market....... Read More
July 15, 2019

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