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Wireless Audio Device Companies - Apple Inc (US) and HARMAN International (South Korea) are the Key Players

The Wireless Audio Device Market is projected to reach from USD 58.5 billion in 2023 to USD 159.3 billion by 2028; it is expected to grow at a CAGR of 22.2% from 2023 to 2028. The growth of the wireless audio device market is highly attributed to the changing preferences of consumers for wireless connectivity because of convenience, mobility, technological advancement, improved battery life, smartphone trends and growing ecosystem.

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September 25, 2023

Market Leadership - Polyurethane Foam Market

The polyurethane foams market is projected to grow from USD 49.5 billion in 2023 to USD 67.8 billion by 2028, at a CAGR of 6.5% from 2023 to 2028. The primary reasons for the growth of the polyurethane foams market is driven by its versatility, wide range of applications, and its ability to meet the demands of various industries, including construction, automotive, healthcare, and consumer goods, while also adapting to changing environmental regulations and consumer preferences in emerging economies like India, Thailand, and others.

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September 25, 2023

Koninklijke Philips N.V. (Netherlands) and General Electric Healthcare (US) are Leading Players in the Respiratory Care Devices Market

The global respiratory care devices market is projected to reach USD 31.8 billion by 2028 from USD 21.8 billion in 2023, at a CAGR of 7.8%. Growth in this market is largely driven by technology enhancements which have led to more efficient and user-friendly respiratory care devices even after the pandemic, there is increased focus preparedness and healthcare infrastructure, which has sustained the market growth.

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September 25, 2023

11:11 Systems (US) and Recovery Point Systems (US) are leading players in Disaster Recovery as a Service (DRaaS) Market

The DRaaS market size is expected to grow from USD 10.7 billion in 2023 to USD 26.5 billion by 2028 at a compound annual growth rate (CAGR) of 19.8% during the forecast period. The DRaaS market has experienced remarkable growth in recent years, driven by a confluence of factors that underscore the paramount importance of data protection and business continuity for organizations across the globe. Moreover, DRaaS is a cloud-based solution that empowers businesses to recover their data and IT infrastructure swiftly and efficiently during a disaster or unexpected downtime, thereby minimizing disruptions and data loss.

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September 25, 2023

Artificial Intelligence in Manufacturing Companies - IBM (US) and Intel Corporation (US) are the Key Players

The artificial intelligence in manufacturing market is estimated to be worth USD 3.2 billion in 2023 and is projected to reach USD 20.8 billion by 2028, at a CAGR of 45.6% during the forecast period. The market growth for artificial intelligence in manufacturing is attributed to the emerging industrial IoT and automation technologies, the surge in AI adoption fuiling semiconductor chipset manufacturers, intensifying need to handle increasingly large and complex dataset.

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September 25, 2023

Market Leaders - Automotive Green Tires Market

The global automotive green tires market size is projected to grow from USD 11.5 billion in 2023 to USD 15.8 billion by 2028, at a CAGR of 6.5%. There is a rise in concern regarding the various factors affecting the fuel efficiency and emissions of greenhouse gases into the atmosphere. In order to combat this, governments across the globe have started several initiatives to reduce fuel consumption and release of greenhouse gases. The use of green tires will significantly work toward achieving these targets, as these tires help reduce CO2 emissions.

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September 25, 2023

Varian Medical Systems, Inc.(US) and Accuray Incorporated (US) are Leading Players in the Intensity-modulated Radiotherapy Market

The global intensity-modulated radiotherapy market is projected to reach USD 2.8 billion by 2028 from USD 2.2 million in 2023, growing at a CAGR of 5.2% during the forecast period. Sedentary lifestyles, high levels of stress, and a number of other factors are contributing to the daily rise in cancers like prostate, breast, lung, and kidney. A form of external beam radiotherapy called intensity-modulated radiotherapy is used to treat cancer non-invasively. Intensity-modulated radiotherapy is in high demand due to the rising incidence of cancer. The demand for the intensity-modulated radiotherapy market is growing as a result of more money being allocated to cancer research and development and increased public awareness of invasive procedures.

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September 25, 2023

Al Camera Companies - Sony Group Corporation (Japan) and Panasonic Corporation (Japan) are the Key Players

The global AI camera market is expected to be valued at USD 7.6 billion in 2023 and is projected to reach USD 22.1 billion by 2028; it is expected to grow at a CAGR of 23.9% from 2023 to 2028. 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 fulfil the growing demand for AI camera from different verticals and expand their global footprint by offering their products in all the major regions.

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September 22, 2023

Zscaler (US) and Microsoft (US) are leading players in Zero Trust Security Market

The global zero trust security market size is projected to grow from USD 31.1 billion in 2023 to USD 67.9 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 16.9% during the forecast period. The growth of the zero trust security market is being fueled by rising trends in digital transformation and cloud adoption, which expand the attack surface and necessitate advanced security measures. Additionally, regulatory compliance requirements like GDPR and HIPAA push organizations to adopt zero trust security to ensure data protection and compliance.

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September 22, 2023

Manhattan Associates (US), Korber (Germany) and Oracle (US) are leading players in Smart Warehousing Market

The global smart warehousing market is projected to register a CAGR of 14.6% during the forecast period, reaching USD 40.5 billion by 2028 from an estimated USD 20.4 billion in 2023. Major factors to boost the market growth include the emergence of multi-channel distribution networks, dynamic nature and globalization of supply chain networks, and the rising focus on green initiatives and sustainability to minimize waste.

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September 22, 2023

Aircraft Pumps Companies - Safran (France) and Eaton Corporation plc (Ireland) are the Key Players

The global aircraft pumps market size is projected to grow from USD 3.6 billion in 2023 to USD 4.6 billion by 2028, at a CAGR of 4.8% from 2023 to 2028. The market is driven by various factors, such as Increasing air travel demand, technological advancements, aircraft fleet modernization, rising defense spending.

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September 22, 2023

Market Leader - Squalene Market

In terms of value, the squalene market is estimated to grow from USD 141 million in 2022 to USD 202 million by 2028, at a CAGR of 6.34%. Squalene is a natural organic compound that is a type of hydrocarbon and is found in various sources, including shark liver oil, plant oils, and others. According to certain studies, squalene have potential health advantages. Due to its purported antioxidant and anti-inflammatory characteristics, it is occasionally marketed as a dietary supplement.

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September 22, 2023

IBM (US) and Oracle (US) are leading players in Bare Metal Cloud Market

The bare metal cloud market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 17.4% during the forecast period, to reach USD 19.1 billion by 2028 from USD 8.5 billion in 2023. The need for high-performance computing for big data and machine learning workloads is expected to drive the growth of the global bare metal cloud market.

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September 21, 2023

GE Healthcare Technologies Inc. (US) and Siemens Healthineers (Germany) are Leading Players in the Medical Equipment Maintenance Market

The global medical equipment maintenance market is projected to reach USD 80.7 billion by 2028 from USD 48.8 billion in 2023, growing at a CAGR of 10.6% during the forecast period. Growing government initiatives to improve the healthcare infrastructure of hospitals, the increasing purchase of refurbished medical equipment, rising focus on preventive medical equipment maintenance, growth in associated equipment markets, and adoption of innovative funding mechanisms. However, high initial costs and significant maintenance expenditure impede the market growth.

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September 21, 2023

3M Company (US), Avery Dennison Corporation (US) are Leading Players in the Structural Adhesive Tapes Market

The global structural adhesive tapes market size was USD 10.3 billion in 2022 and is projected to reach USD 13.0 billion by 2028, at a CAGR of 4.1% between 2023 and 2028. Growth in electrical & electronics, automotive, building & construction, and healthcare industries are propelling the development of the global structural adhesive tapes market in Asia Pacific.

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September 21, 2023

Process Analyzer Companies - Emerson Electric Co. (US), Yokogawa Electric Corporation (Japan) and ABB (Switzerland) are the Key Players

The global Process Analyzer market is expected to grow from USD 7.8 billion in 2023 to USD 9.3 billion by 2028, registering a CAGR of 3.6%. The process analyzer market is rapidly expanding due to the demand for real-time monitoring and precise measurement in industries like pharmaceuticals, chemicals, and oil & gas, driving technological advancements and market growth.

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September 21, 2023

5G in Defense Companies - Ericsson (Sweden) and Huawei (China) are the Key Players

The 5G in Defense market is estimated to be USD 0.9 Billion in 2023 to USD 2.3 by 2028, at a CAGR of 19.9% from 2023 to 2028. The 5G in defense  market is dominated by a few globally established  players such as Ericsson (Sweden), Huawei (China), Nokia Networks (Finland), Samsung Electronics Co Ltd. (South Korea), NEC (Japan), Thales Group (France), L3Harris Technologies, Inc. (US), Raytheon Technologies (US), Ligado Networks (US), and Wind River Systems, Inc. (US). To strengthen their position in this market, these companies have implemented a variety of growth strategies which include new product developments, contracts, collaborations, expansions, certifications, agreements, acquisitions, and R&D activities.

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September 21, 2023

Evonik (Germany), BASF SE (Germany) and Croda International Plc (UK) are leading players in Agricultural Activator Adjuvants Market

The market for agricultural activator adjuvants is estimated at USD 2.6 billion in 2023; it is projected to grow at a CAGR of 6.0% to reach USD 3.5 billion by 2028. There is a growing demand for sustainable agricultural practices that minimize the environmental impact of farming. Agricultural activator adjuvants can help to reduce pesticide use and runoff and improve soil health. According to the United States Department of Agriculture (USDA), the use of an activator adjuvant with a herbicide reduced runoff by 50%. Agricultural activator adjuvants can help reduce the need for tillage by improving the water infiltration rate of the soil and making it more resistant to compaction. This allows plants to root more deeply and access more water and nutrients, which can lead to increased crop yields and improved soil health.

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September 21, 2023

ESCO Technologies Inc. (US) and Burlington Medical (US) are Leading Players in the Radiation Shielding Material Market

The Radiation Shielding market is projected to reach USD 980 Million by 2028 from USD 714 Million in 2023, at a CAGR of 6.5% during the forecast. Factors such as Growing usage of nuclear medicine and radiation therapy for diagnosis and treatment, increasing use of particle therapy for cancer treatment, Growing incidences of cancer and Development of number of PET/CT scans technology have increased the demand of the Radiation Shielding Material Market.

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September 20, 2023

Maritime Patrol Aircraft Companies - Boeing (US) and Lockheed Martin Corporation (US) are the Key Players

The maritime patrol aircraft market is valued at USD 6.7 billion in 2023 and is projected to reach USD 11.9 billion by 2028, at a CAGR of 12.1 % from 2023 to 2028. The maritime patrol aircraft market is experiencing growth due to heightened global maritime security concerns. These aircraft are essential for safeguarding coastlines, monitoring illegal activities, and supporting search and rescue operations. Growing maritime trade and disputes are prompting increased investments in these aircraft for protection and surveillance purposes. Technological advancements are also contributing to market expansion by offering enhanced surveillance and communication capabilities. Additionally, the need for fleet replacements due to aging patrol aircraft is creating market opportunities for manufacturers.

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September 20, 2023

Fault Detection and Classification (FDC) Companies - Keyence Corporation (Japan) and Cognex Corporation (US) are the Key Players

The global fault detection and classification market was valued at USD 4.4 billion in 2022 and is projected to reach USD 7.4 billion by 2028; it is expected to register a CAGR of 8.9% during the forecast period. The increased complexity of systems and strong focus of manufacturers on automating quality control and quality assurance processes are attributed to the ever-increasing demand for fault detection and classification systems.    

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September 20, 2023

Microsoft (US) and Google (US) are leading players in MEA Cloud Computing Market

The MEA Cloud Computing Market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 18.6 % during the forecast period, to reach USD  49.5 billion by 2028 from USD  21.1 billion in 2023. Businesses across MEA were increasingly adopting cloud computing to fuel their digital transformation efforts.

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September 20, 2023

Natural Fiber Welding, Inc. (US) and Ananas Anam Ltd. (UK) are Leading Players in the Bio-based Leather Market

In terms of value, the bio-based leather market is estimated to grow from USD 107 million in 2023 to USD 216 million by 2028, at a CAGR of 15.0%. Rising demand for eco-friendly and sustainable leather materials from industries such as footwear, garments & accessories, furniture, and automotive for a variety of applications is leading the market. In addition, most of the key industry players are investing in heavy research and development for more durable materials. During the forecast period, this is anticipated to expand the bio-based leather market even more. In contrast, the market growth is being constrained by expensive product costs & R&D expenses and the durability of bio-based leather.

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September 20, 2023

Market Leaders - Membrane Filtration Market

The membrane filtration market is estimated at USD 7.0 billion in 2023 and is projected to reach USD 9.9 billion by 2028, at a CAGR of 7.2% from 2023 to 2028.

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September 20, 2023

Market Leaders - Natural Language Processing (NLP) Market

The natural language processing market is expected to grow from USD 18.9 billion in 2023 to USD 68.1 billion in 2028, at a CAGR of 29.3%  during the forecast period. The expansion of the natural language processing market is driven by multiple factors, such as advancements in text-analyzing computer programs, rising need for enterprise solutions to streamline business operations for better customer experience, surging demand for cloud-based NLP solutions to reduce overall costs and enhance scalability and demand for predictive analytics to reduce risks and identify growth opportunities.

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September 20, 2023

Essity Aktiebolag (publ) (Sweden) and Kimberly-Clark Corporation (US) are Leading Players in the Incontinence Care Products (ICP) Market

The incontinence care products market is projected to reach USD 16.5 billion by 2028 from USD 12.6 billion in 2023, at a CAGR of 5.6% during the forecast period. Factors such as the significant prevalence of incontinence and growing attention to personal care will boost the growth of the incontinence care products market. For Instance, in 2022, Attindas Hygiene Partners announced its innovative new adult disposable incontinence underwear product in North America. Similarly, in 2022, Essity launched TENA Silhouette Washable Absorbent Underwear for women with light bladder weakness. The companies operating in the market are engaged in developing innovative products for better management of incontinence.

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September 19, 2023

Top 10 Companies Shaping the Global Future of Healthcare IT Industry

Introduction:

The healthcare IT industry has witnessed exponential growth in recent years, primarily driven by the increasing adoption of e-prescribing, telehealth, mHealth, and various other healthcare IT solutions. However, the sector faces challenges related to interoperability and security concerns that are impacting its growth trajectory. This report aims to provide a comprehensive overview of the major players in the global healthcare IT industry, their financial status, growth strategies, and contributions to the industry's expansion.

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September 19, 2023

Lubrizol Corporation (US) and Sekisui Chemical Co., Ltd. (Japan) are Leading Players in the Chlorinated Polyvinyl Chloride Market

The CPVC market is projected to grow from USD 1.6 billion in 2023 to USD 2.7 billion by 2028 at a CAGR of 11.1% during the forecast period. Chlorinated polyvinyl chloride (CPVC) is a specialized thermoplastic material derived by subjecting polyvinyl chloride (PVC) through the chlorination process. In this process, chlorine atoms are introduced into the PVC polymer chain, enhancing its properties, such as chemical resistance, flame-retardant characteristics, and heat resistance. These properties make CPVC efficient and suitable for various applications, including plumbing systems, fire protection, chemical & industrial equipment, power cable casing, adhesives & coatings, and others.

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September 19, 2023

Tomra Systems ASA (Norway) and Gallo (Belgium) are Leading Players in the Automotive Shredded Residue (ASR) Market

The Automotive shredded residue (ASR) market is projected to reach USD 1.6 billion by 2028, at a CAGR of 6.6% from USD 1.1 billion in 2023. The market growth is driven by factors such as regulatory pressure from government and environmental agencies, continuous technological advancement in post shredding technology, rising resource scarcity, and increasing demand for recycled materials.

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September 18, 2023

BioMerieux (France) and Becton, Dickinson and Company (US) are Leading Players in the Antimicrobial Resistance Surveillance Market

The global antimicrobial resistance surveillance market is projected to reach USD 7.7 billion by 2028 from USD 5.9 billion in 2023, at a CAGR of 5.6% during the forecast period . The growth in this market is driven by factors such as the growing prevalence of infections caused by drug-resistance pathogens, innovations in diagnostic technologies, escalating threat of antimicrobial resistance, growing government initiatives to combat antimicrobial-resistance species, and emergence of multi-drug resistance due to drug abuse. On the other hand, factors such as high cost of antimicrobial resistance diagnostic systems/ kits are limiting the growth of this market.

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September 18, 2023

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