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Market Leader - Fuel Additives MarketThe fuel additives market size and is projected to reach USD 6.8 billion by 2025 from USD 5.8 billion in 2020, at a CAGR of 3.2% between 2020 and 2025. Stringent governmental regulations for emission control is the key driver for the fuel additives market. On the other hand, huge investments in R&D is likely to restrain the growth of the fuel additives market during the forecast period. ...... Read More |
June 30, 2030 |
Shin-Etsu Chemicals (Japan) and Dow (US) are the Leading Players in the Conformal Coating MarketThe 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 MarketThe 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 - All-terrain Vehicle MarketThe all-terrain vehicle market, by value, is projected to grow to USD 4.4 billion by 2025 from USD 3.9 billion in 2020, at a CAGR of 2.4% during the forecast period. The rising popularity of ATVs in recreational activities, mainly worldwide championships, and increasing demand for ATVs in different applications such as agriculture, mining, and military are expected to drive the growth of the all-terrain vehicle market. ...... Read More |
June 18, 2021 |
Market Leadership - Sports Technology MarketThe global sports technology market was valued at USD 17.9 billion in 2021 and is expected to reach USD 40.2 billion by 2026, at a CAGR of 17.5% between 2021 and 2026. In the recent years, professional sports bodies have adopted new technologies such as sports data analytics, smart stadiums, wearable devices, and digital signage to enhance their team performance, engage fans, and provide smart infrastructures. Smart stadiums are among the key global trends owing to the increase in the number of sports events being held worldwide. Technological innovations in smart stadiums drive the execution of several projects worldwide. The growth opportunities for the sports technology market are high in Europe and APAC owing to favorable economic and sports environments. The market growth can be attributed significant improvement in audience engagement, growing demand for data-driven decisions and operations, and increasing sports events, online and offline. ...... Read More |
May 5, 2021 |
Medtronic Plc (Ireland), Smiths Medical (US), and Teleflex(UK), and Ambu (UK) are the Leading Players in the Airway Management Devices MarketThe airway management devices market is projected to reach USD 2.5 billion by 2026 from USD 1.9 billion in 2021, at a CAGR of 5.8% during the forecast period. Airway management devices market is majorly driven by the increasing prevalence of chronic respiratory diseases such as COPD and asthma and surge in the number of patients requiring intensive and emergency care. Moreover, presence of favorable reimbursement coverage across developed countries, and the high incidence of pre-term births, increasing public and private investments for the development of healthcare infrastructure, and rising geriatric population is supporting the market growth....... Read More |
May 5, 2021 |
Intuitive Surgical (US), Stryker Corporation (US) and Medtronic (Ireland) are the Prominent Players in the Surgical Robots MarketThe global surgical robots market is projected to reach USD 14.4 billion by 2026 from USD 6.4 billion in 2021, at a CAGR of 17.6% during the forecast period. Surgical robots enable surgeons to carry out complex surgical procedures with greater precision. They are primarily used in gynecological, urological, orthopedic, general, neurosurgeries, and other minimally invasive surgeries. Growth in this market is primarily driven by the advantages of robotic-assisted surgery, technological advancements in surgical robots, the increasing adoption of surgical robots, and the increase in funding for medical robot research. On the other hand, the high cost of robotic systems is a key factor limiting market growth in the coming years....... Read More |
May 5, 2021 |
Steris plc (US), Getinge AB (Sweden), Cantel Medical Corporation (US) are the Leading Players in the Infection Control MarketThe infection control market is projected to reach USD 52.7 billion by 2026 from USD 44.7 billion in 2021, at a CAGR of 3.4% during the forecast period. Growth in this market is majorly driven by the high incidence of hospital-acquired infections; the increasing number of surgical procedures; the growing geriatric population and increasing incidence of chronic diseases; the growing focus on food sterilization and disinfection; technological advancements in sterilization equipment; and the increasing outsourcing of sterilization services among pharmaceutical companies, hospitals, and medical device manufacturers. The growing number of medical device and pharmaceutical companies in emerging economies will also support the growth of the market in the coming years. Currently, with the surge in cases of COVID-19, there is an increasing focus on personal hygiene and increasing production of medical nonwovens and single-use products, such as face masks and gloves. This, in turn, is expected to propel market growth in the next two years. On the other hand, concerns regarding the safety of reprocessed instruments are expected to limit market growth to some extent in the coming years. This, along with factors such as the high cost of endoscope reprocessing, limited reimbursement in developing countries, and end-user non-compliance with sterilization standards, may hamper the growth of the market....... Read More |
May 5, 2021 |
Market Leader - Food Enzymes MarketThe food enzymes market is estimated to be valued at USD 2.2 billion in 2021 and is projected to reach USD 3.1 billion by 2026, recording a CAGR of 6.4%, in terms of value. The demand for food enzymes is increasing significantly, as they are used widely across various food & beverage applications due to its functional properties....... Read More |
May 5, 2021 |
Smiths Detection (US), ams AG (Austria) and Alpha MOS SA (France) are Leading Players in the Digital Scent Technology MarketThe digital scent technology market is expected to grow from USD 1.0 billion in 2021 to USD 1.5 billion by 2026, at a CAGR of 9.2%. The factors such as expanding application and advancements in e-nose technologies, increasing use of e-nose devices for disease diagnostic applications, and emerging R&D activities to invent e-nose to sniff out COVID-19 —are driving the digital scent technology market. ...... Read More |
May 5, 2021 |
Market Leader - Explosion-proof Lighting MarketThe explosion-proof lighting market is projected to grow from USD 340 million in 2021 to USD 471 million by 2026; it is expected to grow at a CAGR of 6.7% from 2021 to 2026. The key factors fueling the growth of this market include increasing investments in the oil & gas and chemical & pharmaceutical industries for infrastructure development and project expansion plans and deployment of LED-based explosion-proof lights by consumers to replace conventional lights and help reduce energy and revenue losses, complemented by government initiatives toward phasing out of halogen and incandescent light fixtures in industrial lighting environments. ...... Read More |
May 5, 2021 |
Akasol AG (Germany), Siemens (Germany) and Saft (France) are leading players in Marine Battery MarketThe size of the marine battery market is projected to grow from USD 250 million in 2020 to USD 812 million by 2025, at a CAGR of 26.5% from 2020 to 2025. The rise in the conversion of propulsion systems and the implementation of the sulfur 2020 rule are some of the major factors driving this market. ...... Read More |
May 4, 2021 |
Market Leader - Neuromorphic Computing MarketThe neuromorphic computing market is expected to be valued at USD 22,743 thousand in 2021 and is expected to reach USD 550,593 thousand by 2026, at a CAGR of 89.1% between 2021 and 2026. The need for better performing ICs, increase in demand for artificial intelligence and machine learning, and increasing number of cross-industry partnerships and collaborations are key factors driving the growth of the market. Artificial intelligence (AI) is being adopted in industries such as medical, media, entertainment, telecom, utility, aerospace, military, consumer devices, food & beverages, and piping. A combination of AI systems and machine learning is set to revolutionize the business environment with smart decisions. However, lack of knowledge about neuromorphic computing and complex algorithms increasing complexity of designing hardware of neuromorphic chips can act as a major challenges in the market during the forecast period. ...... Read More |
May 4, 2021 |
Market Leader - Artificial Intelligence MarketThe global AI market size to grow from USD 58.3 billion in 2021 to USD 309.6 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 39.7% during the forecast period. Various factors such as growth of data-based AI and advancement in deep learning and need to achieve robotic autonomy to stay competitive in a global market are expected to drive the adoption of the AI solutions and services. ...... Read More |
May 4, 2021 |
Market Leader - Power Quality Equipment MarketThe power quality equipment market is expected to grow from an estimated USD 32.4 billion in 2021 to USD 46.1 billion by 2026, at a CAGR of 7.3% during the forecast period. Enhancing power quality to reduce overall carbon footprint from electrical devices and maximizing cost and energy savings are the main drivers for the power quality equipment market. Increasing adoption of smart grid technologies worldwide and integrating variable renewable energy with power grids are expected to offer lucrative opportunities for the power quality equipment market during the forecast period....... Read More |
May 4, 2021 |
Thermo Fisher Scientific (US) and GenScript (US) are the Prominent Players in the Custom Antibody MarketThe global custom antibody market is projected to reach USD 652 million by 2026 from USD 393 million in 2021, at a CAGR of 10.6% during the forecast period. As such, an increase in research activity especially in the life sciences industry along with growing industry-academia collaborations are the primary growth drivers for this market. In addition, the objective behind custom antibody production is to acquire an antibody that performs well in a particular qualitative or quantitative immunodetection method. The quality of catalog antibodies (to ensure the reproducibility of results) is also an area of concern in this market, which is primarily why end users prefer custom-made antibodies....... Read More |
May 4, 2021 |
OLYMPUS CORPORATION (JAPAN) and RICHARD WOLF GMBH (GERMANY) are the Prominent Players in the Medical Cameras MarketThe medical cameras market is projected to reach USD 4.1 billion by 2026 from USD 2.9 billion in 2021, at a CAGR of 7.3% during the forecast period. Market growth is largely driven by the increasing number of surgical procedures, growing demand for endoscopic procedures, technological advancements, and increasing investments in endoscopy and laparoscopy facilities. However, the high cost of medical cameras is a major restraint for market growth. Product discontinuations, a shortage of trained medical professionals, and the availability of refurbished products are also major challenges limiting market growth to a certain extent....... Read More |
May 3, 2021 |
Sonoco Products Company (US) and Cold Chain Technologies, LLC (US) are Leading Players in the Temperature Controlled Packaging Solutions MarketThe global TCP market size is estimated to be USD 34.4 billion in 2021 and is projected to reach USD 80.1 billion by 2026, at a CAGR of 18.4% between 2021 and 2026. The TCP market is expected to witness steady growth forecast period due to growth in Biopharmaceuticals amid COVID-19 pandemic. Moreover, the increase in demand for reusable containers and utilisation of advanced insulation material for passive system is driving the TCP market. The adoption of digitization and focus towards green initiatives to minimize environment impact are opportunities in TCP market. ...... Read More |
May 3, 2021 |
Caterpillar (US) and Cummins (US) are the Major Players in the Generator Sales MarketThe global generator sales market is estimated to be USD 19.9 billion in 2021 and is projected to reach USD 26.5 billion by 2026, growing at a CAGR of 5.9% from 2021 to 2026. This market growth is primarily driven by the growing demand for uninterrupted and reliable power and rapid urbanization in developing countries in Asia Pacific and the Middle East & Africa. Increased investments in IT infrastructure management and healthcare infrastructure are also expected to fuel the growth of the generator sales market during the forecast period....... Read More |
May 3, 2021 |
Salesforce (US) and SAP (Germany) are Leading Players in the Data Visualization Tools MarketThe global data visualization tools market size to grow from USD 5.9 billion in 2021 to USD 10.2 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 11.6% during the forecast period. Various factors such as the growing demand for an interactive view of data for faster business decisions and increasing developments in Augmented Reality (AR) and Virtual Reality (VR) to enable the interaction of companies with data in 3D formats, are expected to drive the demand for data visualization tools. ...... Read More |
May 3, 2021 |
Market Leader - Polyolefin Foam MarketThe polyolefin foam market is projected to grow from USD 8.1 billion in 2021 to USD 10.5 billion by 2026, at a CAGR of 5.2% between 2021 and 2026. Growing demand from the automotive and packaging industry is likely to boost the polyolefin foam market. ...... Read More |
May 3, 2021 |
GE Healthcare (US) and Becton, Dickinson and Company (US) are the Key Players in the Cancer Diagnostics MarketThe global cancer diagnostics market size is projected to reach USD 26.6 billion by 2026 from USD 17.2 billion in 2021, at a CAGR 11.5% from 2021 to 2026. The growth of this market is driven by rising prevalence of cancer, and growing initiatives undertaken by government bodies to create awareness about cancer, the increasing number of private diagnostic centers....... Read More |
April 30, 2021 |
Market Leader - Polystyrene Foam MarketThe Polystyrene Foam market is projected to grow from USD 26.4 billion in 2020 to USD 32.2 billion by 2026, at a CAGR of 4.1% between 2021 and 2026. Growing demand from the building & construction and packaging industry in APAC is likely to boost the Polystyrene Foam market. ...... Read More |
April 30, 2021 |
Market Leaders - Electric Bus MarketThe global electric bus market size is projected to reach 704 thousand units by 2027 from a projected 81 thousand units in 2021, at a CAGR of 43.1%. The base year for the report is 2020, and the forecast period is from 2021 to 2027. The electric bus segment has witnessed rapid evolution with governments across the world promoting electrification of public transport fleets. ...... Read More |
April 30, 2021 |
Market Leaders - Frozen Bakery Products MarketThe global frozen bakery products market size is estimated to be valued at USD 22.3 billion in 2021. It is projected to reach USD 29.5 billion by 2026, recording a CAGR of 5.8% during the forecast period. Due to the changing and busy lifestyles of consumers globally. This has led to an increase in the consumption of frozen foods globally. Frozen foods are easy to prepare and take less time for preparation. They are healthy and have high nutritional value. ...... Read More |
April 30, 2021 |
BASF SE (Germany) and Covestro AG (Germany) are Leading Players in the MDI, TDI, and Polyurethane MarketThe MDI, TDI & polyurethane market size is estimated to be USD 77.9 billion in 2021 and is expected to reach USD 105.3 billion by 2026, at a CAGR of 6.2% during the forecast period. Factors such as compliance with energy regulation, environmental sustainability need, and versatility & unique properties will drive the MDI, TDI & polyurethane market. The major restraint for the market will be toxicity and environmental concern and eco-friendly substitutes. However, increasing demand for bio-based polyurethane will act as an opportunity for the market. ...... Read More |
April 30, 2021 |
AECOM Technology (US) and Clean Harbors, Inc. (US) are the Top 2 Players in the Environmental Remediation MarketThe overall environmental remediation market is expected to grow from USD 104.6 billion in 2021 to USD 158.8 billion by 2026; it is expected to grow at a CAGR of 8.7% during 2021–2026. Key factors fueling this markets growth include increasing government initiatives for environmental protection; growing focus on development of environment-friendly industries; and rapid population growth and industrialization in developing countries. Development of advanced remediation technologies and continuous expansion of oil & gas industry create a strong demand for environmental remediation for efficient industrial operations in the midst of COVID-19....... Read More |
April 29, 2021 |
HEWLETT-PACKARD DEVELOPMENT COMPANY, L.P. (US) and Canon (Japan) are the Key players in the Digital Printing MarketThe digital printing market size is expected to grow from USD 24.8 billion in 2021 to USD 34.3 billion by 2026, at a CAGR of 6.7%. Growing demand for sustainable printing and developments in packaging and textile industries are the key factors driving the growth of the digital printing market....... Read More |
April 29, 2021 |
Market Leadership - AR and VR Display MarketThe global AR and VR display market size was valued at USD 994 million in 2021 and is projected to reach USD 5,102 million by 2026. It is expected to grow at a CAGR of 38.7% during the forecast period. Growing adoption of AR and VR devices in various applications, increasing demand for OLED displays in AR and VR devices, growing adoption of AR and VR HMDs in different industries, and adoption of AR and VR devices in gaming industry are the key driving factors for the AR and VR display market. ...... Read More |
April 29, 2021 |
Microsoft (US) and Sony, Inc. (Japan) are Leading Players in the Extended Reality MarketThe extended reality market is expected to grow from USD 33.0 billion in 2021 to USD 125.2 billion by 2026, at a CAGR of 30.6%. The factors such as surging deployment of extended reality in education sector and industrial training, rising demand for extended reality devices and technology in global automotive industry, surging adoption of extended reality in healthcare sector, and increasing demand for extended reality in entertainment and gaming industry are driving the extended reality market. ...... Read More |
April 29, 2021 |
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