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Market Leader – IGBT & Thyristor Market

The global insulated-gate bipolar transistor (IGBT) market size is estimated to grow from USD 5.3 billion in 2020 to USD 6.6 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 4.6% during the forecast period. The global thyristor market size is estimated to grow from USD 781 million in 2020 to USD 849 million by 2025, at a CAGR of 1.7% during the forecast period. The key factors fueling the growth of the IGBT and thyristor market are the implementation of government initiatives in various countries towards the replacement of aging power infrastructure, and the adoption of electric motors in industrial, commercial, and residential applications.

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February 20, 2020

Market Leadership - 3D Sensor Market

The global 3D sensor market size is expected to grow from USD 2.9 billion in 2020 to USD 10.0 billion by 2025, at a CAGR of 27.9%. Rising demand for 3D-enabled devices in consumer electronics and growing need for medical imaging solutions are the key factors driving the growth of the 3D sensor industry.

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February 20, 2020

Market Leaders - Automotive Fuel Tank Market

The automotive fuel tank market is estimated to be USD 20.5 billion in 2020 and is projected to reach USD 27.4 billion units by 2027, at a CAGR of 4.2%. The key growth drivers for the market are the need for lightweight vehicles for achieving zero greenhouse gas emissions, better fuel efficiency, longer driving range, and continuous investments and R&D activities by OEMs, fuel tank manufacturers, and governments toward the development of lightweight fuel tanks.

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February 20, 2020

Becton, Dickinson and Company (US), Danaher Corporation (US) and Merck Millipore (US) are leading players in Single-cell Analysis Market

The global single-cell analysis market is projected to reach USD 5.6 billion by 2025 from USD 2.1 billion in 2019, at a CAGR of 17.8% during the forecast period. Growth in this market is driven by technological advancements in single-cell analysis products, increasing government funding for cell-based research, growing biotechnology and biopharmaceutical industries, wide applications of single-cell analysis in cancer research, growing focus on personalized medicine, and the increasing incidence and prevalence of chronic and infectious diseases. However, the high cost of single-cell analysis systems is expected to restrain the growth of this market during the forecast period.

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February 20, 2020

Market Leadership - EMI Shielding Market

The rapid increase in the use of electronic devices has led to electromagnetic pollution, which consequently made the adoption of EMI shielding solutions essential. The use of non-linear devices, increasing clock frequencies, faster slew rates, and growing packaging concentration have further pressed the requirement for EMI shielding. Reliable protection against EMI substantially contributes toward safeguarding device or system reliability and ensures that the device achieves its rated performance. The global EMI shielding market size is projected to grow from USD 6.8 billion in 2020 to USD 9.2 billion by 2025; it is expected to grow at a CAGR of 6.3% from 2020 to 2025. Factors such as ongoing demonstrations of field trials and pilot projects to develop the viability of 5G technology, stringent environmental, and EMC regulations across industries are driving the growth of the EMI shielding market.

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February 20, 2020

Market Leadership - Microgrid Market

The global microgrid market size is projected to reach USD 47.4 billion by 2025 from USD 28.6 billion in 2020, at a CAGR of 10.6%. Major drivers for the market’s growth are rising demand for clean energy, increasing instances of cyberattacks on the energy infrastructures, growing requirement for reliable and secure global power supply, and rising global deployment of microgrids for rural electrification.

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February 20, 2020

Alamc Group (UK) and Catalent, Inc. (US) are leading players in Clinical Trial Supplies Market

The clinical trial supplies market is projected to reach USD 2.5 billion by 2025 from USD 1.7 billion in 2020, at a CAGR of 7.8%. The growth of this market is majorly driven by the increasing R&D expenditure in pharmaceutical and biopharmaceutical companies and the globalization of clinical trials & harmonization of regulations. However, the increasing cost of drug development and clinical trials is expected to restrain the growth of this market during the forecast period.

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February 20, 2020

BSN medical (Germany) and Tactile Medical (US) are the Leading Player in the Compression Therapy Market

The global compression therapy market is projected to reach USD 4.2 billion by 2025 from USD 3.1 billion in 2019, at a CAGR of 4.8% during the forecast period. The presence of a large target patient population, increasing number of sports injuries & accidents across the globe, and the rising number of orthopedic procedures are the major factors that are expected to drive the growth of the global compression therapy market during the forecast period of 2019 to 2025. However, the lack of universally accepted standards for compression products and the low patient compliance for compression garments are the key factors hindering the growth of this market....... Read More
February 20, 2020

Market Leader - LNG Storage Tank Market

The global LNG storage tank market size is projected to reach USD 17.5 billion by 2025, at a CAGR of 7.0% during the forecast period. The global LNG storage tank market is driven mainly by its increasing import, technological advancements, and growing demand in the APAC region. Furthermore, the growing demand for LNG from various industries such as, steel, energy and power will drive the demand during the forecast period....... Read More
February 19, 2020

Netcracker (NEC Corporation [Japan]) and Nokia (Finland) are leading players in Telecom Billing and Revenue Management Market

MarketsandMarkets expects the global telecom billing and revenue management market size to grow from USD 10.8 billion in 2019 to USD 18.0 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 10.8 % during the forecast period. Telecom billing and revenue management solutions and services help operators increase their revenues by extracting unbilled revenue, leveraging automation to identify revenue leaks, and safeguarding revenue streams from potential losses. The key telecom billing and revenue management solutions include mediation, billing and charging, partner and interconnect management, revenue assurance, and fraud management.

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February 19, 2020

Market Leader - Machine Vision Market

The global machine vision market is expected to grow from USD 10.7 billion in 2020 to USD 14.7 billion by 2025, at a CAGR of 6.5% during the forecast period. The machine vision market is growing owing to the increasing demand for quality inspection and automation, increasing demand for vision-guided robotic systems, increasing adoption of 3D machine vision systems in applications such as automotive, construction and infrastructure, consumer goods, food and packaging, transportation, and medical and life sciences.

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February 19, 2020

John Bean Technologies Corporation (JBT) and Another major player, AgroFresh (US) are the Key Players in the Post-harvest Treatment Market for Fruits & Vegetables

The post-harvest treatment market size is projected to grow from USD 1.5 billion in 2019 to USD 2.3 billion by 2026, recording a compound annual growth rate (CAGR) of 6.5%, in terms of value, during the forecast period.In the agricultural industry, post-harvest handling is a critical stage of the overall crop production process. The harvested products are metabolically active and undergoing various ripening and senescence processes, which need to be controlled for prolonged post-harvest quality of the produce. The increasing demand for exotic fruits and vegetables and the rise in the trade of such produce are projected to drive the market growth for post-harvest treatment....... Read More
February 19, 2020

Market Leaders - Usage-Based Insurance Market

The usage-based insurance market is projected to reach USD 125.7 billion by 2027 from an estimated USD 24.0 billion in 2019, at a CAGR of 23.0% during the forecast period. The base year for the report is 2018, and the forecast period is 2019 to 2027.

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February 19, 2020

Market Leaders - Automotive V2X Market

The automotive V2X market is projected to grow from USD 689 million in 2020 to USD 12,859 million by 2028, at a CAGR of 44.2 %. The market growth can be attributed to the increasing safety concerns over road traffic accidents among the public and various governments across the globe. As per the NHTSA, 615,000 motor vehicle crashes could be avoided by the application of V2V communications. The increase in environmental pollution caused by transportation is another key factor for the growth of the automotive V2X market, as V2X is expected to reduce pollution by optimization of traffic flow. Since traffic congestion alone causes 15 billion liters of wasted fuel every year in the US (as per the US EPA), V2X would play a key role in reducing fuel consumption.

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February 18, 2020

Market Leader - Bread Improvers Market

According to MarketsandMarkets, the bread improvers market is estimated to be valued at USD 3.3 billion in 2019 and is projected to reach USD 4.7 billion by 2025, recording a CAGR of 5.7% in terms of value. In terms of ov volume, the market is estimated to be valued at 536.1 KT in 2019 and is projected to grow at a CAGR of 4.4% during the forecast period to reach 695.1 KT. Due to the busy lifestyles of people, there is an increased consumption of convenience food products globally, which is expected to boost the consumption of bread and bread products, thereby fueling the market for bread improvers....... Read More
February 18, 2020

PepsiCo, Inc. (US) and Kellogg Company (US) are the Key Players in the Extruded Snacks Market

The global extruded snacks market is estimated to account for USD 48.3 billion in 2019 and is projected to reach USD 65.2 billion by 2026, recording a CAGR of 4.4% during the forecast period. The market is primarily driven by the increasing disposable income and changing lifestyle among the millennials....... Read More
February 18, 2020

Cisco (US) and IBM (US) are leading players in Traffic Management Market

The global traffic management market size is expected to grow from USD 30.6 billion in 2019 to USD 57.9 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 13.6% during the forecast period. Mounting traffic congestion is an unavoidable state in urban areas across the world. Traffic congestion during peak hours is a natural result of the way day-to-day operation of the societies. Traditional transportation and traffic systems are incapable of satisfying the numerous requirements of urban mobility. The increasing migration of people from rural areas to urban areas has resulted in an exponential increase in urban households owning cars. Combining this with existing traffic infrastructure that cannot keep up with the rapid growth acts is the main reason for traffic congestion.

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February 18, 2020

Market Leaders - In-Vehicle Computer System Market

The global in-vehicle computer system market is projected to reach USD 980 million by 2025 from USD 565 million in 2020, at a CAGR of 11.6%. The growth of the market is driven by increased demand for real-time fleet management soultions and surveillance systems in public transits.

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February 18, 2020

Market Leader - Fire Protection Materials Market

The fire protection material market size is projected to reach USD 4.0 billion by 2024 from USD 2.7 billion in 2019, at a CAGR of 8.5% between 2019 and 2024. Strict building codes & building regulations and increased emphasis on passive fire protection materials along with fire-stop contractors influencing the consumption are driving the market. Higher costs of these materials and lack of awareness among the consumers are restraining the market growth.

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February 17, 2020

Product launches, acquisitions, expansions, collaborations, partnerships, and agreements were the most widely adopted strategies by market players in Fiducial Markers Market

The global defibrillators market is projected to reach USD 123 million by 2025 from USD 95 million in 2019, at a CAGR of 4.5%. Factors such as the growing incidence of cancer globally, improving reimbursement scenario, and the growing adoption of image-guided radiotherapy are expected to propel the growth of this market.

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February 17, 2020

Market Leader - Micromachining Market

The global micromachining market size is expected to grow from USD 2.4 billion in 2020 to USD 3.3 billion by 2025, at a CAGR of 6.2%. The main factor accelerating the micromachining industry growth is its growing demand for the miniaturization of electronic devices and preference towards laser-based micromachining over the traditional approach.

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February 17, 2020

Market Leader - Medical Alert Systems Market

The medical alert systems market is estimated to be worth USD 6.5 billion in 2020 and is projected to reach USD 9.6 billion by 2025, at a CAGR of 7.9% from 2020 to 2025. The global medical alert systems market exhibits a lucrative growth potential for the next several years. The major factors driving the growth of the medical alert systems market are rising elderly population, inclination of senior adults towards the independent living, increasing adoption of mobile personal emergency response systems, favourable healthcare reforms and financial assistance provided by the government. The technological advancements in the field of mobile PERS and the introduction of emerging technologies like AI and IoT has impacted the medical alert systems market positively.

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February 17, 2020

Key Revenue Pockets - Livestock Monitoring Market

Livestock monitoring involves the application of technologies and tools for enhancing the productivity and profitability of dairy farming. It is used for various applications such as milk harvesting management, breeding management, feeding management, heat stress management, animal comfort management, behavior monitoring and control, and others. It involves the use of various hardware components such as GPS, RFID tags and readers, and sensors.  Livestock monitoring assists farmers in providing real-time information on animal health, feeding behavior, hygiene, and location tracking for improving the management of livestock, enhancing productivity, and improving the quality of production.

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February 17, 2020

STERIS plc (US) and Getinge Group (Sweden) are Leading Players in the Medical Device Cleaning Market

The global medical device cleaning market is projected to reach USD 2.6 billion by 2025 from USD 1.8 billion in 2020, at a CAGR of 7.9%. The major drivers for this market are the growing prevalence of hospital-acquired infections and the rapid growth in the geriatric population with a subsequent rise in the prevalence of chronic diseases. However, concerns regarding the safety of reprocessed instruments are expected to restrain the growth of this market during the forecast period.

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February 17, 2020

Market Leader - RF Tunable Filter Market

RF tunable filters have the ability to manipulate the amplitude and phase response of a signal according to passband and stopband edge frequencies for the required application. These filters are also known as variable or reconfigurable filters and have high accuracy and independent tuning characteristics for all signal processing and wireless communication systems. The growing use of smartphones, connected devices, and IoT devices, surging demand for radar systems by the worldwide military sector, increasing need for new and advanced planes for commercial and military applications, and escalating demand for software-defined radios to be deployed in military communication equipment are expected to be key drivers for this market. The RF tunable filter market size is estimated to grow from USD 89 million in 2020 to USD 148 million by 2025, at a CAGR of 10.6%.

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February 14, 2020

Tektronix (US) and National Instruments (US) are the Key Players in the Precision Source Measure Unit Market

The global precision source measure unit market size is expected to grow from USD 394 million in 2019 to USD 637 million in 2024 at a CAGR of 10.1% from 2019 to 2024. North America is estimated to be the largest precision source measure unit market, followed by Asia Pacific in 2019 and this trend is expected to continue during the forecast period. The growth of the precision source measure unit industry can be attributed to the high level of integration & flexibility of the precision source measure unit and growing demand from the automotive and medical industries....... Read More
February 14, 2020

Market Leadership - Situational Awareness Market

The situational awareness market is projected to grow from USD 17.2 billion in 2020 to USD 21.8 billion by 2025, recording a CAGR of 4.9% between 2020 and 2025. Major factors driving the growth of the Growing demand for situational awareness solutions in aviation and military, use of mobility solutions transforming military tactical operations, and growing importance of situational awareness in cybersecurity to provide significant situational awareness.

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February 14, 2020

Market Leader - Function Generators Market

The global function generators market size is expected to grow from an estimated revenue of USD 1.4 billion in 2019 to USD 1.9 billion by 2024, at a CAGR of 6.1% during the forecast period. The factors driving the market growth are the growing adoption for high-performance and power-efficient devices for aerospace, defense & government services along with investments in the automotive (electric vehicles) sector due to the concern towards the hazardous environmental effects....... Read More
February 13, 2020

Leading Players Adopting Various Strategies to Strengthen Their Business in the IoT in Construction Market

Internet of Things (IoT) is the network of physical objects or things embedded with electronics, software, sensors, and connectivity. Internet of Things (IoT) in construction refers to the management of construction processes using modern information & communication technologies to increase productivity. It involves the use of hardware devices, data analytics solutions, network and sensing technologies, software, and other components to improve construction processes. IoT helps the construction industry to improve productivity and safety at construction site by enabling remote operations and predictive maintenance and offering smart wearables. The market size of IoT in construction is projected to reach USD 16.8 billion by 2024, at a CAGR of 16.5% between 2019 and 2024.

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February 13, 2020

Huawei Technologies (China) and Sungrow Power Supply (China) are Leading Players in the Inverter Market

Inverters are power devices that convert DC power to usable AC power. This conversion is carried out with the help of transformers, switching circuits, and control circuits. Inverters deliver AC voltage from DC power sources. This AC voltage is useful for operating electronic and electrical equipment, which are rated for the AC mains voltage. The global inverter market is projected to grow from USD 12.8 billion in 2020 to USD 26.5 billion by 2025; it is expected to grow at a CAGR of 15.6% from 2020 to 2025. Rising number of residential solar rooftop installations and surging demand for various household devices in vehicles are the major factors driving the growth of the inverter market.

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February 13, 2020

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