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Process Mining Market Revolution: AI, RPA, Cloud Power the Future

Process mining market is expected to grow at a compound annual growth rate (CAGR) of 45.6% over the course of the forecast period, from an anticipated USD 1.8 billion in 2023 to USD 12.1 billion by 2028.

To know about the assumptions considered for the study download the pdf brochure

Here are the Emerging trends in the global Process Mining Market:

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September 24, 2027

Zero Trust Architecture Market Size, Share and Future Prospects

The size of the worldwide zero trust architecture market is expected to increase from USD 17.3 billion in 2023 to USD 38.5 billion by 2028, At a Compound Annual Growth Rate (CAGR) of 17.3% over the course of the forecast period

To know about the assumptions considered for the study download the pdf brochure

The Zero Trust Architecture Market is experiencing significant growth driven by a compelling mix of factors that make this security approach increasingly attractive for organizations:

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June 24, 2026

Top Companies in Green Ammonia Industry - Siemens Energy (Germany), ACME Group (India), ThyssenKrupp AG (Germany), Nel ASA (Norway), and Yara (Norway)

The green ammonia market is expected to grow from an estimated in USD 0.3 billion in 2024 to USD 6.2 billion by 2030, at a CAGR of 66.0% during the forecast period. Rising investment in renewable energy projects and a decline in power generation cost is expected to drive the market.

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August 5, 2024

Medtronic plc (Ireland) and Olympus Corporation (Japan) are Leading Players in the Functional Endoscopic Sinus Surgery Market

The global functional endoscopic sinus surgery market is projected to reach USD 1.7 billion by 2029 from USD 1.2 billion in 2024, at a CAGR of 7.6% during the forecast period. The growing prevalence of chronic sinusitis, increasing preference for MIS, advancements in technology, growing awareness, improved patient outcome, and innovation in surgical techniques to drive the market. However, risks involved in surgeries and higher procedural costs restrain market growth. The Functional endoscopic sinus surgery market is consolidated and is dominated by few players. The major players operating in this market are Medtronic plc (Ireland), Olympus Corporation (Japan), Stryker Corporation (US), B. Braun Melsungen Ag (Germany), and KARL STORZ (Germany).

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July 24, 2024

Danaher (US) and F. Hoffmann-La Roche Ltd. (Switzerland) are Leading Players in the Molecular Diagnostics Market

The molecular diagnostics market is valued at an estimated USD 17.3 billion in 2024 and is projected to reach USD 32.7 billion by 2029 at a CAGR of 13.5% during the forecast period. The growing availability of funds for research and development (R&D), government initiatives focused on early disease detection, and the increasing technological advancements by key companies supports the growth and development of the molecular diagnostics market.

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July 23, 2024

Koninklijke Philips N.V. (Netherlands) and ResMed (US) are Leading Players in the Sleep Apnea Devices Market

The sleep apnea devices market is valued at an estimated USD 6.5 billion in 2024 and is projected to reach USD 9.3 billion by 2029 at a CAGR of 7.3% during the forecast period. The growth of this market is mainly driven by innovations in sleep apnea devices such as advancement in CPAP machines and wearable diagnostics.

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July 23, 2024

VCSEL Companies - Coherent Corp. (US) and Lumentum Operations LLC (US) are the Key Players

The VCSEL market was valued at USD 1.3 billion in 2024 and is expected to reach USD 1.9 billion by 2029, registering a CAGR of 8.1% during the forecast period. Growth in the application of VCSELs in data communication, increased adoption of 3D sensing applications in smartphones, and increased usage of facial recognition and biometric security systems are some of the major factors for the growth of the VCSEL market.  The key growth strategies adopted by the market players in the VCSEL market ecosystem to expand their presence in the market, enhance their product portfolios, and increase their market share in the market mainly include new product launches, collaborations, partnerships and acquisitions.

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July 23, 2024

Market Leader - Aerogel Market

In terms of value, the aerogel market is estimated to grow from USD 0.9 billion in 2024 to USD 1.6 billion by 2029, at a CAGR of 12.8%. Aerogel market have grown as the mounting technological innovations and advancemnts, rising superior thermal insulation of aerogels and growing energy efficiency regulations. These factors drive the aergoel market.

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July 23, 2024

Gilead Sciences, Inc. (US) and Novartis AG (Switzerland) are Leading Players in the CAR T-cell Therapy Market

The CAR T-cell therapy market is projected to reach USD 29.0 billion by 2029 from an estimated USD 5.5 billion in 2024, at a CAGR of 39.6% during the forecast period. The growth of the CAR T-cell therapy market is propelled by growing prevalence of cancer and technological advancements in the CAR T-cell therapy market. Additionally, rising investment and funding for CAR T-cell therapy development is further likely to drive the market growth.

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July 19, 2024

Mohawk Industries, Inc. (US) and Shaw Industries Group, Inc. (US) are Leading Players in the Stone Flooring Market

The global stone flooring market size is projected to grow from USD 14.7 billion in 2024 to USD 19.9 billion by 2029, at a CAGR of 6.3% during the forecast period.

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July 18, 2024

Merck & Co., Inc. (US), Johnson & Johnson Services, Inc. (US) are Leading Players in the Immunotherapy Drugs Market

The immunotherapy drugs market is projected to grow from USD 285.3 billion in 2024 to USD 580.6 billion by 2029, with a CAGR of 15.3%. Growing demand for personalized medicines and targeted therapies is expected to drive the market growth. Personalized medicine aims to customize treatments for individual patients based on their genetic makeup, disease characteristics, and other factors. Immunotherapy drugs offer a precise & targeted approach to therapy, aligning with the principles of personalized medicine.

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July 18, 2024

Epic Systems Corporation. (US) and Oracle (US) are Leading Players in the Healthcare Information Exchange Market

The Health Information Exchange market is projected to reach USD  2.8 billion by 2029 from USD  1.7 billion in 2024, at a CAGR 10.2% from 2024  to 2029. The Health Information Exchange market is driven by the increasing adoption of electronic health records (EHRs) and other digital health technologies thus by fostering the need for seamless data exchange among healthcare providers. This demand is further fueled by government initiatives promoting interoperability and data sharing to improve patient care coordination and outcomes. However, funding constraints and resource limitations pose challenges to the adoption and sustainability of HIE initiatives, particularly for smaller healthcare providers and rural healthcare facilities. Additionally, concerns about data privacy, security breaches, and patient consent issues may impede trust and adoption among both healthcare providers and patients, highlighting the need for robust governance frameworks and data protection measures.

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July 17, 2024

OCI N.V. (Netherlands), Carbon Recycling International Inc. (Iceland) are Leading players in the Green Methanol Market

The global Green Methanol market is projected to grow from USD 1.9 billion in 2024 to USD 11.1 billion by 2030, at a CAGR of 33.8% during the forecast period. Green methanol, also known as renewable methanol, is an ultra-low carbon chemical produced through sustainable processes. Green methanol can be categorized into two main types: bio-methanol and e-methanol, which are determined by the green feedstocks employed.

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July 17, 2024

Powering Efficiency: The Energy Management in Railways Market

The railway industry is undergoing a significant transformation. Sustainability is a major focus, with a push towards reducing carbon footprint and optimizing energy consumption. This is where two pivotal markets converge: Railway Management Systems (RMS) and Energy Management in Railways. While they may seem like distinct entities, they share a symbiotic relationship, working together to create a more efficient and eco-friendly railway network.

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July 17, 2024

Top Companies in Wind Turbine Protection Industry - BASF SE (Germany), 3M (US), Akzo Nobel N.V. (Netherlands) and Trelleborg AB (Sweden)

The wind turbine protection market is forecast to reach USD 2.8 billion by 2029 from an estimated USD 1.7 billion in 2024, at a CAGR of 10.5% during the forecast period (2024-2029). The increasing demand for renewable energy sources, operational cost reduction, and growing need for efficient solutions for longer wind turbine life are the key factors driving the wind turbine protection market.

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July 17, 2024

Toray Industries, Inc. (Japan) and SGL Carbon (Germany) are Leading Players in the EV Composites Market

The EV composites market is projected to grow from USD 2.3 billion in 2024 to USD 5.1 billion by 2029, at a CAGR of 17.1% during the forecast period.

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July 16, 2024

Top Companies in Climate Adaption Industry - Baker Hughes Company (US), Exxon Mobil Corporation (US), Climeworks (Switzerland), INTERNATIONAL BUSINESS MACHINES CORPORATION (US) and Vaisala (Finland)

The global Climate adaption market is projected to grow from an estimated USD 23.2 billion in 2024 to USD 40.4 billion by 2030, demonstrating a CAGR of 9.7% during the forecasted period of 2024-2030. Climate adaption refers to preparing for and responding to the current and anticipated effects of climate change. It involves modifying processes, practices, and structures to minimize potential damages or capitalize on opportunities linked to climate change.

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July 16, 2024

Top Companies in Software Defined Vehicle Industry - Baker Hughes Company (US), Exxon Mobil Corporation (US), Climeworks (Switzerland), INTERNATIONAL BUSINESS MACHINES CORPORATION (US) and Vaisala (Finland)

The Software Defined Vehicle market size is projected to grow from USD 213.5 Billion in 2024 to USD 1,237.6 Billion by 2030, at a CAGR of 34.0%. The need for SDV technology to improve the driving experience will rise due to factors like reduced recall and manufacturing costs and personalized client engagement, among others. Further, increased adoption of 5G technology and integration of ADAS and AI in digital cockpits of vehicles are expected to boost demand for SDVs, with advanced FOD and value-added services developing additional revenue streams for OEMs.

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July 16, 2024

Danaher Corporation (US) and Koninklijke Philips N.V. (Netherlands) are Leading Players in the Digital Pathology Market

The digital pathology market is projected to reach USD  2.0 billion by 2029 from USD  1.1 billion in 2024, at a CAGR 13.1% from 2024  to 2029. The global shortage of pathologists has emerged as a critical driver for the digital pathology solutions market. Currently, over 102,000 pathologists are unevenly spread across more than 130 countries, with two-thirds concentrated in just 10 nations. This uneven distribution of pathologists across regions, where some areas manage large workloads while others face severe shortages and resulting delays, contributes significantly to the increasing demand for digital pathology solutions. In addition, market growth is fueled by advancements in image analysis algorithms, artificial intelligence (AI) applications for pattern recognition, and cloud-based solutions that enhance scalability and accessibility. However, lack of trained pathologits and high capital investment limits the adoption of digital pathology solutions.

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July 16, 2024

Fortive (US) and Mirion Technologies Inc. (US) are Leading Players in the Radiation Detection, Monitoring & Safety Market

The global radiation detection, monitoring, and safety market is expected to grow at a CAGR of 8.3 % during the forecasted period to reach USD 4.4 Billion by 2029 from an estimated USD 2.9 Billion in 2024. Factors influencing the growth of this market are majorly cancer prevalence, safety awareness for radiation exposure, growth in the number of radiation-based scans such as CT/PET, and increasing radiation therapy. On the other hand, various alternatives such as renewable energy and the shortage of nuclear power workforce are restraints.

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July 15, 2024

Top Companies in Semi-Autonomous & Autonomous Trucks and Buses Industry - Daimler Truck AG (Germany), AB Volvo (Sweden), Iveco S.p.A. (Netherlands), MAN Truck and Bus SE (Germany), Robert Bosch GmbH (Germany) and Continental AG (Germany)

The Semi-autonomous & autonomous Trucks and Buses market size is projected to grow from USD 40.7 billion in 2024 to USD 179.9 billion by 2035, at a CAGR of 14.4%. Factors such as safety regulations imposed by lawmakers, such as mandates regarding autonomous vehicles, safety, technological advancement in sensors,  and others are expected to increase the demand for Semi-autonomous & autonomous Trucks and Buses.

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July 15, 2024

Top Companies in Penetration Testing as a Service Industry - Breachlock (US), Astra Security (India), HackerOne (US) and Guidepoint Security (US)

The global Penetration Testing as a Service market size is projected to grow from USD 118 million in 2024 to USD 301 million by 2029 at a CAGR of 20.5% during the forecast period. The PTaaS market is driven by the increasing frequency and sophistication of cyberattacks, heightened regulatory and compliance requirements, and the expanding adoption of remote work and digital services. Additionally, the growing complexity of IT infrastructures and the need for specialized cybersecurity expertise are compelling organizations to seek outsourced penetration testing services. The cost-effectiveness and scalability of PTaaS solutions also make them appealing to a wide range of businesses, further fueling market growth.

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July 15, 2024

Nippon Shokubai (Japan) and Chase Corporation (US) are Leading players in the Specialty Super Absorbent Polymer Market

The specialty super absorbent polymer market is expected to grow at a CAGR of 6.5% to reach USD 2.0 billion by 2029 from USD 1.5 billion in 2024. The market growth is driven by various factors, including the significant demand from construction and packaging industry.

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July 15, 2024

Vetrotech Saint-Gobain International AG (Switzerland) and SCHOTT AG (Germany) are Leading Players in the Fire Resistant Glass Market

The fire resistant glass market is projected to grow from USD 10.4 billion in 2024 to USD 16.1 billion by 2029, at a CAGR of 9.0% during the forecast period. Fire resistant glass is used to control the spread of fire, hazardous smoke, and transfer of heat in buildings, marine vessels, and oil refineries. It has various fire ratings, ranging between 20 and 180 minutes. It provides fire resistivity between 20 and 180 minutes depending on the area and size limitations that fall under the application building code and/or the authority having the jurisdiction. The fire resistant glass possesses wide range of applications in building & construction, marine, and other applications such as transportation, refineries and aerospace.

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July 15, 2024

Top Companies in Threat Hunting Industry - IBM (US) and Kaspersky (Russia)

According to MarketsandMarkets, the threat-hunting market is set to grow significantly. It's expected to be worth around USD 3.4 billion in 2024 and increase to about USD 6.9 billion by 2029 at a CAGR of 14.9% during the forecast period. Cyberattacks' increasing speed and ferocity, driven by adversaries' abilities to compress the time between initial entry and lateral movement within networks, will act as a market driver for the threat hunting industry. As attacks become faster and more sophisticated, organizations will increasingly recognize the necessity of proactive defense measures like threat hunting.

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July 12, 2024

Market Leaders - Carbonization Furnace Market

The Carbonization furnace market size is projected to grow from USD 263 million in 2024 to USD 425 million by 2029, registering a CAGR of 10.1% during the forecast period. The Carbonization furnace market is experiencing robust growth due to several key factors and opportunities. These furnaces facilitate the transformation of diverse organic waste materials, such as agricultural residues and forestry waste, into biochar, thereby alleviating the pressure on landfills and promoting circular economy principles by converting waste into a valuable resource. As agricultural practices transition towards sustainability, biochar emerges as a natural soil amendment, enhancing crop productivity and reducing reliance on chemical fertilizers. Furthermore, the growing need for carbon credits and the development of carbon markets are driving demand for biochar, consequently boosting the need for carbonization furnaces.

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July 12, 2024

DENTSPLY SIRONA Inc. (US) and Planmeca Group (Finland) are Leading players in the Dental Equipment Market

The dental equipment market is projected to reach USD 9.3 Billion by 2029 from USD 6.9 Billion in 2024 at a CAGR of 6.2% during the forecast period. Innovations in dental technology, such as 3D printing, digital dentistry, CAD/CAM systems, and laser dentistry, are significantly transforming the dental equipment market, driving robust growth. 3D printing is revolutionizing the production of dental implants, crowns, and bridges by enabling precise customization, reducing production times, and lowering costs. Digital dentistry, incorporating advanced imaging technologies like cone-beam computed tomography (CBCT) and intraoral scanners, enhances diagnostic accuracy and treatment planning, leading to improved patient outcomes. CAD/CAM systems streamline the design and manufacturing of dental restorations, increasing efficiency and precision while minimizing errors. Laser dentistry offers minimally invasive procedures, reducing patient discomfort and recovery times, and is increasingly used for soft tissue surgeries, cavity preparations, and teeth whitening. These technological advancements are not only improving the quality and efficiency of dental procedures but also driving the adoption of modern dental equipment by practitioners seeking to stay competitive and provide high-quality care. Additionally, the integration of artificial intelligence (AI) and machine learning in diagnostic and treatment planning tools further optimizes clinical decision-making and personalized treatment plans. As a result, the dental equipment market is experiencing substantial growth, driven by the continuous development and adoption of cutting-edge technologies that enhance procedural accuracy, efficiency, and patient satisfaction. Compliance with stringent regulatory standards and guidelines for dental equipment can be a significant barrier.

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July 12, 2024

Intelligent Transportation System Companies - Siemens (Germany) and Hitachi Ltd. (Japan) are the Key Players

The global intelligent transportation system market is expected to reach USD 70.7 billion in 2029 from USD 50.7 billion in 2024, at a CAGR of 6.9% during the forecast period. Rising urbanization and investments in smart cities in emerging economies are the major driving factors for the market's growth.

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July 11, 2024

Thermo Fisher Scientific Inc. (US) and Agilent Technologies, Inc. (US) are Leading Players in the High-Throughput Screening (HTS) Market

The global high-throughput screening (HTS) market size is projected to reach USD 50.2 billion by 2029 from USD 28.8 billion in 2024, at a CAGR of 11.8% during the forecast period. Major factors driving the growth of the high throughput screening (HTS) market include rising R&D investments by pharmaceutical and biotechnology companies, ongoing technological advancements in the high throughput screening instruments and systems, and the growing adoption of an open innovation model by pharmaceutical and research institutions. Furthermore, the increasing utilization of High-throughput screening systems for drug repurposing, and novel therapeutic research further supports the market’s growth.

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July 11, 2024

Enersys (US) and C&D Technologies, Inc. (US) are Leading Players in the Industrial Batteries Market

The global Industrial Batteries market is projected to grow from USD 21.2 billion in 2024 to USD 34.7 billion by 2029, at a CAGR of 10.3% during the forecast period. The growth of this market is attributed to rising adoption of lithium-ion batteries in renewable energy sector and increasing demand for grid energy storage systems owing to ongoing grid modernization.

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July 11, 2024

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