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Vaisala (Finland), Accuweather (US) and Campbell Scientific (US) are leading players in Weather Forecasting Systems Market

The size of the weather forecasting systems market is projected to grow from USD 2.3 billion in 2019 to USD 3.3 billion by 2025, at a CAGR of 5.7% from 2019 to 2025. Growing demand for accurate weather data monitoring and increasing demand for weather forecasting using big data analytics are some of the major factors driving this market.

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September 17, 2019

Bayer (Germany), Bracco Imaging S.p.A (Italy), and Guerbet Group (France) are Leading Players in the Contrast Media Injectors Market

The contrast media injectors market is projected to reach USD 1.8 billion by 2024 from USD 1.3 billion in 2019, at a CAGR of 6.1% during the forecast period. The major factors driving the growth of the market include a large number of approvals for contrast agents, increasing investments, funds, and grants by government organizations, and rising demand for early diagnosis and widening the scope of clinical applications. However, the reluctance to adopt the new technology, and a dearth of trained professionals, will challenge market growth.

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September 17, 2019

Emerson Electric (US), Yokogawa Electric (Japan) and Hima (Germany) are Leading Players in the High-Integrity Pressure Protection System (HIPPS) Market

The high-integrity pressure protection system (HIPPS) market size is estimated to grow from USD 486 million in 2019 to USD 724 million by 2024, at a CAGR of 8.3%. Key factors driving the demand for HIPPS includes mandatory government regulatory norms to ensure safety and security at manufacturing plants, increasing focus of countries across the world on participating in gas flaring and venting reduction programs and rising demand for reliable safety solutions for personnel and asset protection in high-pressure environments. Lack of awareness and high installation cost of high-integrity pressure protection system are the key restraining factors for the HIPPS industry growth. However, increasing exploration and production activities in the oil & gas industry offer growth opportunities for the providers of HIPPS in the next five years.

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September 17, 2019

BASF (Germany) and Evonik Industries (Germany) are the Key Players in the Diisononyl Phthalate (DINP) Market

The DINP market size is estimated at USD 2.7 billion in 2019 and is projected to reach USD 3.2 billion by 2024, at a CAGR of 4.0%. The booming building & construction industry in the emerging economies in APAC and South America is are driving the DINP market....... Read More
September 17, 2019

New Product Launches, Investments, New Technology Developments, Partnerships, Mergers, Collaborations,and Agreements to Enhance their Position in the Aerospace Foams Market

The aerospace foams market is projected to grow from USD 4.4 billion in 2019 to USD 6.5 billion by 2024, at a CAGR of 8.2% from 2019 to 2024. The rising demand for lightweight and fuel-efficient aircraft have led to the extensive use of advanced materials such as PU foams, PE foams, and others, in the aerospace industry. The manufacturing of advanced materials as well as new product launches by many prominent players in the aerospace industry is one of the key factors driving the growth of the aerospace foams market across the globe....... Read More
September 17, 2019

F. Hoffmann-La Roche AG, Agilent Technologies, and QIAGEN N.V. are the leading players in the Companion Diagnostics Market

The global companion diagnostics market is projected to reach USD 7.3 billion by 2024 from USD 3.5 billion in 2019, at a CAGR of 15.7%. The growth of the companion diagnostics industry is tied primarily to its numerous advantages, the growing need for targeted therapy, the rising importance of personalized medicine, the increasing global incidence of cancer, and the ever-increasing application areas of companion diagnostics. The increasing demand for next-generation sequencing, the growing significance of companion diagnostics in drug development, and the rising number of clinical trials are also expected to present growth opportunities for players in the market.l

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September 16, 2019

Danimer Scientific (U.S.) and Kaneka Corporation (Japan) are the Key Players in the Polyhydroxyalkanoate (PHA) Market

The polyhydroxyalkanoate (PHA) market size is projected to reach USD 98 million by 2024 from USD 57 in 2019, at a CAGR of 11.2% between 2019 and 2024. Strict government policies and regulations on plastics use as well as changing consumer behavior, and market sentiments towards biodegradable plastics are majorly driving the market. High production and R&D costs are restraining the growth of the PHA market....... Read More
September 16, 2019

GE Healthcare (US) and Siemens Healthineers (Germany) are the Prominent Players in the Multimodal Imaging Market

The global multimodal imaging market is projected to reach USD 2.9 billion by 2024 from USD 2.3 billion in 2019, at a CAGR of 4.4%. The growth of this market is driven by growing applications of multimodal imaging systems, technological advancements in diagnostic imaging modalities, availability of funding for research, favorable reimbursement scenario, growing insurance coverage, and increasing R&D into radiotracers....... Read More
September 10, 2019

Symmetry Surgical Inc. (US) is a Major Player in the Veterinary Electrosurgery Market

The veterinary electrosurgical instruments market is projected to reach USD 85 million by 2024 from USD 56 million in 2019, at a CAGR of 8.5% during the forecast period. The growth of this market is majorly attributed to the rising demand for pet health insurance, growth in the number of veterinary practitioners in developed economies, and growth in the companion animal population.

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September 10, 2019

IBM (US) and Google (US) are leading players in AI Governance Market

MarketsandMarkets forecasts the AI governance market size to grow from USD 51 million in 2020 to USD 316 million by 2025, at a CAGR of 44.3% during the forecast period. The increasing government initiatives to leverage the benefits of AI technology, increasing need for building trust in AI systems, and growing demand for transparency in AI decisions are some of the major factors expected to drive the growth of this market.

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September 10, 2019

Market Leadership - Green Technology and Sustainability Market

The global green technology and sustainability market size is expected to grow from USD 8.7 billion in 2019 to USD 28.9 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 27.1% during the forecast period. The major driving factors in the green technology and sustainability market are the increasing environmental awareness and the use of clean energy resources to conserve the environment by industries.

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September 10, 2019

Illumina (US) and Thermo Fisher Scientific (US) are the Prominent Players in the Metagenomic Sequencing Market

The metagenomic sequencing market is projected to reach USD 2.3 billion by 2024 from USD 1.0 billion in 2019, at a CAGR of 17.0%. The growth of this market is driven by factors such as the significant applications of metagenomics in various fields, the various initiatives and funding from government & private bodies for large-scale sequencing projects, and the declining cost of sequencing. The availability of cloud computing for data management is another factor providing market players with growth opportunities....... Read More
September 9, 2019

Meggitt PLC (UK) and Cobham plc (UK) are Major Players in the Aircraft Fuel Tanks Market

The aircraft fuel tanks market is projected to grow from USD 869 million in 2019 to USD 954 million by 2025, at a CAGR of 1.6% during the forecast period. The major factors driving the market include increasing aircraft orders and new aircraft programs.

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September 9, 2019

Key players adopted various growth strategies, such as partnerships, agreements, and collaborations; and new product launches, to further expand their presence in the global Digital Railway Market

The global digital railway market size to grow from USD 50.0 billion in 2019 to USD 74.8 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 8.4% during 2019–2024 The demand for digital railway is driven by the ongoing smart city initiatives and increasing Public-Private Partnership (PPP) model. Contractual agreements have been signed between public agencies and private sector organizations allowing the private sector to participate in government initiatives for delivering and financing transportation projects. There has been significant investments in the technology projects worldwide for infrastructure modernization and rail automation. In addition, adoption of IoT and automation technologies, hyper-urbanization, and green initiatives are also contributing to the growth of digitization in railways....... Read More
September 9, 2019

Parker Hannifin Corporation (US) and Peak Scientific Instruments Ltd. (UK) are Leading Players in the Laboratory Gas Generators Market

The laboratory gas generators market is projected to reach USD 508 million by 2024 from USD 279 million in 2019, at a CAGR of 12.7% during the forecast period. Growth in this market is primarily driven by the growing demand for laboratory automation and opportunities in the life science industry. The growing importance of analytical techniques in drug and food approval processes, rising safety concerns related to the use of conventional gas cylinders, the growing demand for hydrogen gas as an alternative to helium, and increasing R&D spending in target industries are driving market growth.

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September 9, 2019

Oracle (US) and Neo4j (US) are leading players in Graph Database Market

MarketsandMarkets forecasts the graph database market size to grow from USD 1.0 billion in 2019 to USD 2.9 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 22.2% during 2019–2024. The graph database market projected to have a fair growth potential, owing to the need for excellent real-time big data mining with visualizations of results, growing demand for systems’ capability of processing low latency queries, and the adoption of Artificial Intelligence (AI)-based graph database tools and services.

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September 9, 2019

Bumi Armada (Malaysia) and Shell (Netherlands) are the Major Players in the Floating Production Storage and Offloading Market

The floating production storage and offloading market is projected to grow from an estimated USD 19.5 billion in 2019 to USD 26.0 billion by 2024, recording a CAGR of 5.9% during the forecast period. The growth of this market is driven by the increasing focus on offshore exploration and production and the rising deep-water and ultra-deepwater oil & gas production....... Read More
September 6, 2019

Medtronic (US) and Boston Scientific Corporation (US) are Leading Players in the Neurosurgery Devices Market

The neurosurgery devices market is projected to reach USD 13.5 billion by 2024 from USD 7.3 billion in 2019, at a CAGR of 13.0% during the forecast period. Growth in the neurosurgery devices market is driven by the efforts to develop the application base for neuromodulation, the benefits of neuroendoscopic surgeries over conventional brain surgeries, and the growing prevalence of neurological diseases. On the other hand, the high cost of neuroendoscopy procedures and equipment, along with a dearth of a trained workforce, is expected to limit market growth to a certain extent during the forecast period.

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September 6, 2019

Key players have adopted various growth strategies, including partnerships, agreements, collaborations, and new product launches, to further expand their presence in the global Accounts Receivable Automation Market

The accounts receivable automation market size is expected to grow from USD 1.7 billion in 2019 to USD 3.0 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 12.1% during the forecast period. Growing traction for software-as-a-service solutions and transition toward value-based pricing will likely boost the adoption of accounts receivable automation. Additionally, the growing focus on the improvement of cash flow and reduction in days sales outstanding and reduced accounting cycle time  is a major factor driving the growth of the accounts receivable automation market.

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September 6, 2019

Smurfit Kappa (Ireland) and Amcor (Australia) are the Key Players Pouches Market

The global pouches market is projected to grow from USD 36.4 billion in 2019 to USD 46.1 billion by 2024, recording a CAGR of 4.8% during the forecast period. The rising demand for packaged food & beverages is projected to drive the pouches market. The aesthetic appeal and cost-effectiveness of pouches are further projected to drive the growth of the market. Furthermore, the growing popularity of pouches for alcohol packaging is creating growth opportunities for the global pouches market....... Read More
September 6, 2019

Market Leadership - Critical Communication Marketc

The critical communication market is expected to grow from USD 13.9 billion in 2019 to USD 19.8 billion by 2024, at a CAGR of 7.4%. High demand for critical communication solutions from diverse industries such as public safety, transportation, & medical, advanced features of critical communication network, and increasing need to modernize old equipment are the major driving factors for market growth during the forecast period.

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September 6, 2019

Microsoft (US) and Google (US) are leading players in Enterprise Collaboration Market

MarketsandMarkets projects the enterprise collaboration market to grow from USD 31.0 billion in 2019 to USD 48.1 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 9.2% during the forecast period. The adoption rate of enterprise collaboration solutions is expected to grow, owing to the increasing use of networking websites as well as social devices for enterprise collaboration and the growing demand for Artificial Intelligence (AI) across the globe.

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September 6, 2019

Honeywell International Inc. (US) and Solvay SA (Belgium) are the Major Players in the Blowing Agent Market

The global blowing agent market size is estimated at USD 1.5 billion in 2019 and is projected to reach USD 2.2 billion by 2026, at a CAGR of 5.8%, between 2019 and 2026. Blowing agents are defined as a chemical substance capable of producing pores or cells in polymeric compositions. They are used widely in generating the gas to expand rubber, plastics, and ceramics to create foams. They are highly utilized materials for manufacturing different types of polymeric foams to achieve specific properties and enhancing the nature of polymer parts....... Read More
September 5, 2019

Cisco (US) and HPE (US) are leading players in Software-Defined Anything (SDx) Market

MarketsandMarkets expects the global Software-Defined Anything (SDx) market size to grow from USD 51.7 billion to USD 160.8 billion at a CAGR of 25.5% during the forecast period. The SDx market refers to an architectural framework wherein all components of enterprise’s and service provider’s network and data center, such as compute, network, and storage, are virtualized to orchestrate network management, improve network agility, and lower operational cost. In a nutshell, the control plane (software) is abstracted from the data plane (hardware) that enables network administrators to manage the entire enterprise as well as data center infrastructure from a single software console.

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September 5, 2019

Illumina, Inc. (US) and Thermo Fisher Scientific, Inc. (US) are Leading Players in the Non Invasive Prenatal Testing (NIPT) Market

The global non-invasive prenatal testing market is estimated to reach USD 7.3 billion by 2024 from USD 3.9 billion in 2019, at a CAGR of 13.5% during the forecast period. Growth in this market is driven by the high risk of chromosomal abnormalities with increasing maternal age, growing preference for non-invasive techniques over invasive methods, improving reimbursement scenario for NIPT, and increasing awareness of NIPT. However, a dearth of skilled professionals is restraining the growth of this market.

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September 5, 2019

Market Leadership - Pet Wearable Market

Product launches and developments, partnerships, and collaborations have been the major strategies adopted by the leading players to grow in the market. Among all these strategies, players have focused on product launches and developments to remain competitive in the market. Key players that have implemented these strategies are Whistle Labs (US), PetPace (US), Garmin (US), FitBark (US), Tractive (Austria), Link AKC (US), Motorola (US), Num’Axes /EYENIMAL (France), KYON (Greece), Scollar (US), GoPro (US), and Felcana (UK).

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September 5, 2019

Okta, Inc. (US) and Ping Identity (US) are leading players in Identity as a Service Market

The Identity as a Service (IDaaS) market size is projected to grow from USD 2.5 billion in 2019 to USD 6.5 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 21.1% during the forecast period. The major factors driving the growth of the IDaaS market include the growing demand for cloud-based security solutions and services, and obligations to follow regulatory mandates and data protection laws.

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September 5, 2019

Caterpillar (US) and Hitachi Construction Machinery (Japan) are the leading players in the Off-highway Electric Vehicle Market

The off-highway electric vehicle market is projected to reach USD 29.8 billion by 2027 from an estimated USD 4.9 billion in 2019 at a CAGR of 25.2%. With the increase in global emission levels and stringency of emission norms, manufacturers face operational issues in reaching an optimum balance between the output received, cost incurred, and profit margins. Growing stringency of emission norms for off-highway vehicles has shifted the focus of manufacturers on alternate powertrain sources such as their electrical counterparts. This trend is driving the growth of the off-highway electric vehicle market, particularly in North America and Europe....... Read More
September 5, 2019

Market Leadership - Body Area Network Market

The global body area network market is projected to grow from USD 9.1 billion in 2019 to USD 15.8 billion by 2024; it is expected to grow at a CAGR of 11.7%. Major factors driving the growth of the body area network market include the increased use of smart devices for tracking physical fitness, rapid advancements in medical devices & communication technologies, supportive government & hospital initiatives to promote digital healthcare, and easy availability of low-cost fitness-tracking gadgets.

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September 4, 2019

ZEISS (Germany) and iCAD, Inc (US) are Leading Players in the Intraoperative Radiation Therapy Market

The global intraoperative radiation therapy market is projected to reach USD 68 million by 2024 from USD 48 million in 2019, at a CAGR of 7.0%. Growth in the intraoperative radiation therapy market can be attributed to factors such as the rising incidence of cancer, technological advancements, and advantages offered by IORT over conventional radiotherapy. Additionally, growing clinical trials exploring the use of IORT for various cancer applications is expected to offer lucrative growth opportunities to market players. However, the complex nature of technology coupled with a shortage of trained personnel and reluctance of physicians to use IORT owing to reimbursement coverage are the major factors that are expected to restrain the growth of this market.

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September 4, 2019

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