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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

Sonova Holdings AG (Switzerland), Olympus Corp. (Japan), William Demant Holdings A/S (Denmark), Cochlear Limited (Australia), and Stryker Corporation (US) are the Leading Players in the Ear Health Market

The global ear health market is projected to reach USD 1.9 billion by 2026 from USD 1.4 billion in 2021, at a CAGR of 6.3% during the forecast period. Growth in this market is largely driven by the growing geriatric population, high prevalence of ear diseases, rising incidence of noise-induced hearing loss, and shift in consumer preference towards plant-based supplements. Moreover, untapped emerging markets in developing countries are creating lucrative opportunities for the market players. The ear health market is segmented into ear health devices, tinnitus & ear impairment care supplements, and ear infection treatment medications....... Read More
December 7, 2021

Google (US) and Microsoft (US) are leading players in Speech-to-text API Market

The global Speech-to-text API market size to grow from USD 2.2 billion in 2021 to USD 5.4 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 19.2% during the forecast period. Speech-to-text APIs enable users to convert speech or audio content into textual formats. Such solutions are helpful in transcribing audio or video content into searchable formats, which help in marketing, customer care, and fraud detection and prevention applications. Call centers, nowadays, are flooded with large volumes of customer data accumulated through hours of interactions each day. Speech-to-text APIs have emerged as crucial tools to transcribe such data into textual formats and apply various analytics to extract meaningful insights and drive business performance. The software solutions are integrated with Artificial Intelligence (AI) and ML technologies to deliver real-time and accurate results to the customers.

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December 7, 2021

Cornerstone OnDemand (US) and Blackboard (US) are leading players in Learning Management System (LMS) Market

MarketsandMarkets forecasts the global LMS Market size to grow from USD 15.8 billion in 2021 to USD 37.9 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 19.1% during the forecast period. Need for efficient and accessible learning, effective management of learning content, Enterprise focusing on human capital development, growing adoption of cloud based LMS solutions and rising demand for BYOD among enterprises are key factors for the growth of the LMS market.

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December 7, 2021

BASF SE (Germany) and Bayer AG (Germany) are the Key Players in the Top Trends in the Agricultural Biologicals Market

The agricultural biologicals market is projected to grow at a CAGR of 11.9% from an estimated value of USD 10.6 billion in 2021 to reach USD 18.5 billion by 2026. Factors such as the increasing awareness of consumers about biological products, and the need to reduce hazards of chemical-based agricultural inputs and steward the environment and favorable regulatory framework for the usage of biologicals, has led to a huge demand for agricultural biologicals, which can prove to be a sustainable solution....... Read More
December 7, 2021

Ecolab Inc. (US) and Suez SA (France) are Leading Players in the Industrial Wastewater Treatment Chemicals Market

The global Industrial wastewater treatment chemicals market size is estimated to be USD 12.8 billion in 2021 and is projected to reach USD 16.6 billion by 2026, at a CAGR of 5.3% between 2021 and 2026.  The stringent environmental regulations pertaining to emission and treatment of industrial waste and depleting freshwater resources are driving the demand for industrial wastewater treatment chemicals during the forecast period. However, the shifting demand of end-use industries toward the advanced and environment-friendly water treatment technologies is hampering the market growth. On the other hand, growing industrialization resulting from population explosion is expected to leverage new growth opportunities for industrial wastewater treatment chemical manufacturers.

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December 7, 2021

Medtronic (Ireland) and Boston Scientific Corporation (US) are the Major Players in the Peripheral Vascular Devices Market

The global peripheral vascular devices market size is projected to reach USD 13.4 billion by 2026 from USD 10.3 billion in 2021, at a CAGR of 5.3% from 2021 to 2026. The growth of this market is driven by rapid growth in the geriatric population and the subsequent increase in the prevalence of peripheral vascular diseases, favorable reimbursement scenario for peripheral vascular procedures, Increased number of product approvals, increased prevalence of diabetes, and rising rate of tobacco consumption....... Read More
December 6, 2021

Market Leadership - HVAC System Market

The HVAC system market size is estimated to be USD 197.0 billion in 2021 and is projected to reach USD 271.5 billion by 2026; it is expected to grow at a CAGR of 6.6% from 2021 to 2026. Product launches, acquisitions, partnerships, collaborations, strategic alliances, and expansions are the major growth strategies adopted by the market players. These strategies have enabled them to efficiently fulfill the growing demand for HVAC systems from end-user industries and expand their global footprint by offering their products in all the major regions.

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December 6, 2021

Market Leader - Automotive Wiring Harness Market

The global automotive wiring harness market is projected to grow from USD 47.0 billion in 2021 to USD 57.4 billion by 2026, at a CAGR of 4.1% during the forecast period. Increasing vehicle production, increase in demand for advanced safety and comfort features, especially in passenger cars, and growing penetration of electric vehicles are driving the growth and advancements in the automotive wiring harness market....... Read More
December 6, 2021

L3Harris Technologies (UK) and Teledyne Technologies (US) are leading players in Unmanned Surface Vehicle Market

The unmanned surface vehicle market is projected to grow from USD 616 million in 2021 to USD 1,038 million by 2026, at a CAGR of 11.0% from 2021 to 2026. The rising incidences of terrorism, cross-border dispute, and conflict across the globe have increased the need for enhanced border and maritime security. As such, countries across the globe are increasingly adopting unmanned systems for improved border and maritime patrolling, thus leading to the growth in demand for unmanned surface vehicles. The defense applications of these vehicles include mine countermeasures, anti-submarine warfare, and naval warfare. In the commercial sector, unmanned surface vehicles equipped with various sensor payloads are used for oceanographic research and data mapping. They are used to evaluate the quality, temperature, salinity, and pH value of water, among others.

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December 6, 2021

3M Company (US), tesa SE (Germany) are Leading Players in the Adhesive Tapes Market

The adhesive tapes market is projected to grow from USD 63.1 billion in 2021 to USD 83.8 billion by 2026, at a CAGR of 5.8% during the forecast period. Growing use of adhesive tapes in diverse industries, rising urbanized population, and improved healthcare systems are driving the demand for adhesive tapes.

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December 6, 2021

Market Leaders - Industrial Automation Market

The industrial automation market in the Europe, Middle East and Africa was valued at USD 35.3 billion in 2020 and is projected to reach USD 51.4 billion by 2026; it is expected to register a CAGR of 7.1% from 2021 to 2026. The growth of the market is attributed to the growing demand for real-time data analysis across geographies and increasing adoption of latest technology across the end-use industries to improve performance. The major driving factor for the industrial automation market is the increasing demand for real-time data analysis and proactive maintenance, which would enable manufacturers to obtain better visibility of the manufacturing plant and, therefore, enhance efficiency. Also, increase in emphasis on predictive maintenance and asset management solutions, which would provide better visibility to users regarding condition of equipment, is fueling their demand.

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December 6, 2021

Becton, Dickinson and Company (US) and Quidel Corporation (US) are Leading Players in the Virology Specimen Collection Market

The global virology specimen collection market is projected to reach USD 5.4 billion by 2026 from USD 5.6 billion in 2021, at a CAGR of -0.6% during the forecast period. Growth in this market is mainly driven by the increasing prevalence of human papillomavirus (HPV) and cervical cancer, the growing number of blood donations, and the rising prevalence of viral diseases.

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December 3, 2021

ON Semiconductor (US), Broadcom (US) and Hamamatsu Photonics (Japan) are leading players in Silicon Photomultiplier Market

The silicon photomultiplier market is expected to grow from USD 120 million in 2021 to USD 173 million by 2026, at a CAGR of 7.6%. The factors such as increasing demand for silicon photomultipliers in medical imaging and growing use of SiPMs in LiDAR and 3D mapping technology—are driving the silicon photomultiplier market.

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December 3, 2021

Avery Dennison Corporation (US) and CCL Industries Inc. (Canada) are Leading Players in the Anti-counterfeit Packaging Market

The anti-counterfeit packaging market is growing rapidly in accordance with the growth in the end-use sector of the packaging market, globally. Factors such as increasing awareness of anti-counterfeiting solutions in the pharmaceutical & healthcare sector and growing demand for packaged food & beverages have significantly contributed to the growth of the anti-counterfeit packaging market. The anti-counterfeit packaging market is classified based on technology, end-use industry, and region. It has experienced continuous progress with regard to technological development and innovations in the packaging industry coupled with growing counterfeiting activities around the world. According to MarketsandMarkets, the global market for anti-counterfeit packaging, in terms of value, is projected to reach USD 211.3 billion by 2026, at a CAGR of 12.5%.

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December 3, 2021

Hexcel Corporation (U.S), Sumitomo Bakelite Company Limited (Japan) and SI Group Inc. (U.S) are the Key Players in the Phenolic Resin Market

The market size of phenolic resin is estimated at USD 11.7 Billion in 2021 and is projected to reach USD 14.4 Billion by 2026, at a CAGR of 4.3% between 2021 and 2026. ...... Read More
December 3, 2021

Manhattan Associates, Inc. (US), Blue Yonder Group, Inc. (US) and HighJump (US) are leading players in Warehouse Management System Market

The global warehouse management system market size is expected to grow from USD 2.8 billion in 2021 to USD 6.1 billion by 2026, at a CAGR of 16.7%. The growth of this market can be attributed to the growth in the e-commerce industry due to the COVID-19 pandemic, emerging multichannel distribution channels, the globalization of supply chain networks, the increased adoption of cloud WMS solutions, and the rising need for efficient forecasting models. However, factors such as data privacy and security concerns, and high implementation costs of on-premise warehouse management systems for SMEs may restrain the market growth to some extent. Moreover, the lack of awareness about the benefits of WMS among small-scale industries, the lack of skilled personnel for maintenance & implementation of WMS, and the constant need for WMS software upgrades pose challenges for companies using WMS for their warehouse operations.

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December 3, 2021

SGS SA (Switzerland) and Eurofins Scientific (Luxembourg) are the Key Players in the Dairy Testing Market

The dairy testing market is projected to record a CAGR of 8.2% during the forecast period (2021 to 2026) to reach USD 8.1 billion by 2026, driven by the globalization of dairy trade, and stringent food safety and quality regulations....... Read More
December 3, 2021

Market Leadership - Sonar System Market

MarketsandMarkets: The sonar system market is estimated to be USD 5.9 billion in 2021 and is projected to reach USD 6.5 billion by 2026, at a CAGR of 1.8% from 2021 to 2026. The market is driven by factors such as deployment of new & advanced sonar systems like 3D sonar, sonobuoys, dipping sonar, towed array sonar, etc.

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December 3, 2021

Market Leader - Traffic Sensor Market

The traffic sensor market is estimated to be valued at USD 566 million in 2021 and reach USD 809 million by 2026, at a CAGR of 7.4%. The growing need for real-time information system, and government initiative to upgrade transport infrastructure are the key factors driving the growth of the market. Likewise, Growth in cycling infrastructure leading to higher adoption of bicycle counting sensors in traffic sensor market are expected to create lucrative opportunities for the players in the traffic sensor market. However, high cost and fulfilment of fundamental requirements for the installation of nonintrusive sensors are expected to restraint market growth.

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December 2, 2021

Market Leader - Location Analytics Market

The location analytics size is projected to grow from USD 15.7 billion in 2021 to 29.9 USD billion in 2026, at a Compound Annual Growth Rate (CAGR) of 13.8% during the forecast period. The location analytics industry is driven by increasing use of spatial data and analytical tools. However, rising in the use of location-based applications and use of location data and analytics to fight COVID-19 further contributes to the growth of the location analytics market.

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December 2, 2021

Georg Fischer (Switzerland) and Advanced Drainage Systems (US) are the Major Players in the Thermoplastic Pipe Market

The thermoplastic pipe market is expected to grow from an estimated USD 2.7 billion in 2021 to USD 3.3 billion by 2026, at a CAGR of 4.5% during the forecast period. The increasing application of thermoplastic composite pipes and reinforced thermoplastic pipes in offshore and onshore production activities is the main driver for the thermoplastic pipe market. The growing deep and ultra-deepwater oil & gas exploration and production activities are expected to provide lucrative opportunities for the thermoplastic pipe market during the forecast period ...... Read More
December 2, 2021

IDEXX Laboratories, Inc. (US) and VCA, Inc. (US) are the Prominent Players in the Veterinary Reference Laboratory Market

The global veterinary reference laboratory market is projected to reach USD 6.6 billion by 2026 from USD 3.8 billion in 2021, at a CAGR of 11.0% during the forecast period. Factors such as the growth in the companion animal population, rising demand for pet insurance, an increasing number of veterinary practitioners in developed economies, increasing demand for animal-derived food products, and increasing incidence of transboundary and zoonotic diseases are driving the growth of this market. However, growing pet care costs and the increasing demand for POC testing and portable instruments are restraining the growth of this market to some extent....... Read More
December 2, 2021

Sumitomo Heavy Industries and Engel Austria GmbH(Austria) are Leading Players in the Micro Injection Molding Machine Market

The market size of micro injection molding machine was USD 381 million in 2021 and is projected to reach USD 609 million by 2026, at a CAGR of 9.8% between 2021 and 2026. The major drivers of this market are growth in automotive sector and rising demand from medical application. The shift towards nanotechnology and miniaturization in medical industry is driving the demand of highly precise molds which are efficient to perform medical procedures. In addition, the ongoing automation in vehicles and introduction of electric vehicles is further increasing the demand of high-precision parts to enhance the performance. The major restraint to market growth is due to the high technology of all-electric machines, the investment costs are high. Another disadvantage is the high maintenance cost. In case of motor failure, the entire system must be changed, which entails significantly high maintenance costs. The global economic slowdown due to COVID-19 also impacted the market. This has disrupted the global supply chain, severely impacting the automotive industry. To retain the spread of the coronavirus, governments and international bodies issued various regulations for industries and manufacturers.

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December 2, 2021

Thales Group (France), L3Harris Technologies (US), Honeywell International Inc.(US), Hughes Network Systems (US) and Viasat, Inc. (US) are leading players in SATCOM on the Move Market

The SATCOM on the move market is projected to grow from USD 17.7 Billion in 2021 to USD 42.8 Billion by 2026, at a CAGR of 19.3%. SATCOM equipment is an integral part of the communication in commercial and defense industry. The deployment of low earth orbit (LEO) satellites and constellations of satellites for communications applications has increased their demand across the globe. Other factors driving the market growth include growing demand for Ku- and Ka-band satellites, and the growing fleet of autonomous and connected vehicles used for various applications in the military and commercial sectors, which require customized SATCOM-on-the-move antennas.

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December 2, 2021

Market Leadership - Camera Modules Market

The global camera modules market was valued at USD 33.7 billion in 2020 and is estimated to reach USD 58.5 billion by 2026, registering a CAGR of 10.5% during the forecast period. The growth of digital technology has led to tremendous innovations in the automotive industry, which is propelling the demand for camera module solutions worldwide.

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December 2, 2021

Kuka AG (Germany), ABB Group (Switzerland) and FANUC Corporation (Japan) are leading players in Aerospace Robotics Market

The aerospace robotics market is estimated at USD 2.9 billion in 2021 and is projected to reach USD 4.9 billion by 2026, at a CAGR of 11.4% from 2021 to 2026. The aerospace robotics market is growing at a significant rate across the world, and a similar trend is expected to be observed during the forecast period. . Increase in global aircraft demand and manufacturing, increasing use of robots for efficient aircraft production processes, growing use of robotics to handle aircraft orders backlog, increasing manual labor cost are fueling the growth of the aerospace robotics market.

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December 1, 2021

AkzoNobel (Netherlands) and PPG (US) are Leading Players in the COVID-19 Impact on Paints & Coatings Market

The global paints & coatings market size during this pandemic is projected to decline from USD 153.9 billion in 2019 to USD 153.3 billion by 2021, at a Compound Annual Growth Rate (CAGR) of -0.2% during the forecast period. The major reason for decline for the paints & coatings include shortage of raw materials, disruption in the supply chain, lower demand from professional architecture, automotive and aerospace industries due to lockdown, travel restriction, and halt in production.

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December 1, 2021

Market Leader – Abbott Laboratories and Amway are focusing on expanding their business to consolidate their position in the Market

The global meal replacement market size is estimated to be valued at USD 11.9 billion in 2021 and is projected to reach USD 15.5 billion by 2026, recording a CAGR of 5.4% during the forecast period in terms of value. The demand for meal replacement products is attributed to increasing prevalence of obesity and diabetes coupled with the increasing population of health-conscious consumers and changing consumer lifestyle and availability of convenient nutritious meal in the form of meal replacement.

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December 1, 2021

IBM (US) and Tata Consultancy Services (India) are leading players in North America IT Services Market

The North America IT Services market is expected to grow at a Compound Annual Growth Rate (CAGR) of 7.6% during the forecast period, to reach USD 660.9 billion by 2026 from USD 459.2 billion in 2021. Increased productivity, reduced time and costs, and enhanced focus on customer experience are expected to spur the demand for IT Services offerings across North America.

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December 1, 2021

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