Shin-Etsu Chemicals (Japan) and Dow (US) are the Leading Players in the Conformal Coating Market

Increased Demand for Permanents Magnets from Automotive Industry is Expected to Drive the Market

Permanent magnets are the type of magnets that retain their magnetic strength even after the removal of the external magnetizing force. Permanent magnets are mainly categorized into neodymium iron boron magnets, ferrite magnets, samarium cobalt magnets, alnico magnets, and others (which include flexible magnets, injection-molded magnets, and compression-molded magnets). The end-use industries of permanent magnets are broadly categorized into consumer electronics, general industrial, automotive, medical technology, environment & energy, aerospace & defense, and others (military, household, water turbine, and thin-film coating equipment). The global Permanent magnet market is expected to grow from USD 34.4 billion in 2021 to USD 54.1 billion by 2026, at a CAGR of 9.5% during the forecast period.

VelocityEHS (US) and Enablon (France) are leading players in Environment, Health and Safety Market

MarketsandMarkets forecasts the Global EHS market size is expected to grow USD 6.3 billion in 2021 to USD 8.9 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 7.4% during the forecast period. Organizations that belong to various verticals are adopting EHS software solutions and services for ensuring their adherence to government compliances, rules, and regulations. EHS solutions allow organizations to manage compliance seamlessly and eradicate cumbersome spreadsheets and paper reports. A key advantage of a cloud-based EHS solution is the move toward a paperless office by eliminating paper records. This, in turn, increases security and assists with the data protection legislation. Moreover, maintaining a safe workplace and fully compliant operations is important in any business. Therefore, governments enforce various EHS standards that companies must comply with to reassure the well-being of their workers.

Market Leadership - Coordinate Measuring Machine (CMM) Market

The global coordinate measuring machine (CMM) market size is expected to reach USD 4.3 billion by 2026 from USD 2.8 billion in 2021, growing at a CAGR of 8.8%. The key factors driving the growth of the market include the growing use of 3D data in modeling      and analytical applications, increasing R&D spending on developing metrology products, and thriving automotive sector. Zeiss Group (Germany), FARO Technologies (US), Hexagon (Sweden), Nikon Corporation (Japan), Mitutoyo (Japan), Tokyo Seimitsu (Japan), Keyence Corporation (Japan), Creaform (Canada), Perceptron (US), and Wenzel  Group (Germany)  are among a few major players in the CMM market.

Market Leadership - Electronic Flight Bag Market

The electronic flight bag (EFB) market is estimated to grow from USD 2.4 Billion in 2021 to USD 3.3 Billion by 2026, at a CAGR of 6.2% from 2021 to 2026. Some of the major factors driving this market include reduction in aircraft weight through EFB incorporation, increase in aircraft deliveries, real-time data sharing through EFBs, and the use of EFBs for helicopters and eVTOL vehicles.

Smart Lighting Market

The smart lighting market is projected to reach USD 27.7 billion by 2026 from USD 10.9 billion in 2021; it is expected to grow at a CAGR of 20.5% from 2021 to 2026. Europe has the largest market share for smart lighting. Whereas, APAC has the highest growth rate and is expected to grow at the highest CAGR during the forecast period owing to the rapidly changing face of technology and customer needs in high-potential markets such as China, Japan, South Korea, and Australia. Due to advancements in technology and the emergence of new business models as well as new constructions in the developing cities of the region, the smart lighting market is exhibiting an upbeat outlook. The booming commercial and industrial sectors would further fuel the adoption of smart lightings in APAC. Furthermore, growth in end-use sectors and mounting investments from government bodies are also favoring the growth of the smart lighting market in the region.

AVEVA (UK) and Bentley Systems (US) are Leading Players in the Asset Performance Management Market

The global asset performance management market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 10.1% during the forecast period, to reach USD 4.0 billion by 2026 from USD 2.5 billion in 2021. Key factors that are expected to drive the growth of the market are the rising demand to meet regulatory compliance and reporting standards across asset-centric organizations, growing need to manage assets efficiency, manage assets sustainability, and optimize total cost of ownership (TCO). These factors are driving the demand for asset performance management.

Henkel AG (Germany), H.B. Fuller (US) are Leading Players in the Americas Structural Adhesives Market

The Americas Structural Adhesives market is projected to grow from USD 3.0 billion in 2021 to USD 3.8 billion by 2026, at a CAGR of 5.1% between 2021 and 2026. The growth of the structural adhesives market is primarily driven by the increasing use of modified epoxies and polyurethane adhesives, along with increasing penetration of methyl methacrylate adhesives in wind energy, marine, building & construction, and automotive applications.

Market Leader - Infusion Pump Market

Market Leadership - FPGA Market

The global FPGA market is projected to reach USD 9.1 billion by 2026 from an estimated USD 6.2 billion in 2021, at a CAGR of 7.8% from 2021 to 2026. Increase in global adoption of AI and IoT, and rising deployment of data centers and high-performance computing are among the factors driving the growth of the FPGA market.

Market Leader - Wearable Injectors Market

Philips (Netherlands) and Connected America (US) are the Major Players in the Medical Alert Systems Market

Market Leadership - Silicone Fluids Market

The global silicone fluids market size is projected to grow from USD 5.1 billion in 2021 to USD 6.6 billion by 2026, at a CAGR of 5.5% from 2021 to 2026. Silicone fluids are a family of synthetic liquids in which the groups identified as methyl groups may represent any organic groups. All the organic groups can be the same or different. They are linear Polydimethylsiloxanes (PDMS) obtained through the condensation of dimethyldichlorosilane. They are thermally stable, chemically inert, and retain their viscosity over a wide range of low and high temperatures. It is of two types: straight and modified. Silicone fluids is widely used and preferred in end-use industries such as personal care & beauty, textiles, automotive & transportation, industrial, building & construction, amongst others.

Market Leader - Automotive Adhesive Tapes Market

The global automotive adhesive tapes market size was USD 8.5 billion in 2020 and is projected to reach USD 12.1 billion by 2026, at a CAGR of 5.9% between 2021 and 2026, owing to an increase in demand of automotive adhesive tapes in lightweight hybrid vehicles. Poly-vinyl chloride is projected to record the fastest growth during the forecast period, at a CAGR of 7.1% from 2021 to 2026. Poly-vinyl chloride, as a backing material for adhesive tapes, caters to some of the largest applications in automotive industry, such as wire harnessing, UV resistance, electrical insulation, device shielding, and others.

TomTom (the Netherlands) and HERE Technologies (the Netherlands) are the Key Players in the HD Map for Autonomous Vehicles Market