Perstorp Holding AB (Sweden) and OQ Chemicals GmbH (Germany) are Leading Players in the Butyric Acid Market

The butyric acid market is projected to grow from USD 317 million in 2022 to USD 492 million by 2027, at a CAGR of 9.2% from 2022 to 2027. Butyric acids are used in various end-uses such as animal feed, chemical intermediates, pharmaceuticals, and food & flavors, among others.

Market Leader - Smart Factory Market

New Service Launches and Research & Development (R&D) Activities to Further Expand their Presence in the UAV Market.

Thermo Fisher Scientific, Inc. (US) and Sartorius Stedim Biotech (France) are Leading Players in the Single-Use Assemblies Market

The global single-use assemblies market is projected to reach USD 6.5 billion by 2027 from USD 2.7 billion in 2022, at a CAGR of 18.8% during the forecast period. Rising adoption of single-use assemblies over traditional methods in developing & developed countries coupled with increased investments in biopharmaceutical R&D activities are some of the major factors projecting the market growth.

Koninklijke DSM N.V. (Netherlands) and CoorsTek, Inc. (US) are Leading Players inn the Ceramic Armor Market

The global ceramic armor market size is expected to grow from USD 2.3 billion in 2022 to USD 3.5 billion by 2027, at a CAGR of 8.6% during the forecast period. Increasing crime and terrorist activities are driving the demand for ballistic body and vehicle armor for use by political leaders, businesspeople, bureaucrats, high-profile athletes, entertainment celebrities, and others. Ceramic armor is made up of ceramic materials, namely, alumina, silicon carbide, and boron carbide. Ceramic armor offers various advantages such as high hardness, low weight, durable, design flexibility, and high resistance to creep & stress rupture. The ceramic armor product is five times stronger and 70% lighter than steel. The ceramic armor can absorb the kinetic energy of the attack caused by a projectile such as shotguns and long guns. Various companies are focusing on adding ceramic armor to vehicles designed for civilians, depending upon client needs and the desired protection level, composites can be added in doors, roofs, and floors as well as firewalls, pillars, posts, and other body panels.

Market Leader - Industrial Robotics Market

Maxar Technologies (US) and Planet Labs PBC (US) are the Key Players in the Remote Sensing Services Market

iRobot Corporation (US) and Ecovacs Robotics Co., Ltd (China) are the Key Players in the Cleaning Robot Market

OPTEL Group (Canada) and Antares Vision S.p.A. (Italy) are Leadig Players in the Track and Trace Solutions Market

The global track and trace solutions market is projected to reach USD 8.6 billion by 2027 from USD 4.8 billion in 2022, at a CAGR of 11.6% during the forecast period. The stringent regulations and standards for the implementation of serialization and the increasing focus of manufacturers on brand protection are the major drivers of growth for this market. On the other hand, the high costs and long implementation timeframe associated with serialization and aggregation, as well as the huge setup costs, are expected to limit market growth to a certain extent.

Geotab (Canada) and Verizon Connect (US) are leading players in Fleet Management Market

MarketsandMarkets forecasts the global fleet management Market size is expected to grow USD 25.5 billion in 2022 to USD 52.4 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 15.5%  during the forecast period.

Agreements/contracts, expansions, acquisitions, and new product developments are key strategies adopted by leading players in the carbon capture, utilization, and storage market

The global carbon Capture, Utilization, and Storage market size is projected to grow from USD 2.4 billion in 2022 to USD 4.9 billion by 2027, at a CAGR of 15.1% during the forecast period. Growing emissions of CO2 from the burning of fossil fuels are among the major reasons for global warming. Industrial and fossil fuel power plants generate significant amounts of CO2 into the atmosphere, which is considered the main cause of climate change. Among CO2 mitigation options, carbon capture and storage is regarded as the technology that can significantly reduce the emissions of CO2 from fossil fuel combustion sources. CCUS is a three-stage process: capture, transport, and storage. CO2, once captured from power plants or industrial facilities, is transported to storage sites through ships, pipelines, or trucks.

Medtronic plc (Ireland), Masimo (US), Koninklijke Philips N.V. (Netherlands), Nonin Medical Inc. (US), Nihon Kohden Corporation (Japan) are the leading players in the Pulse Oximeter Market

The pulse oximeters market is projected to reach USD 4.3 billion by 2027 from USD 2.8 billion in 2022, at a CAGR of 8.8% during the forecast period. Growth in this market is majorly driven by the rising prevalence of respiratory diseases, increasing geriatric population and subsequent rise in chronic diseases, and the increasing prevalence of congenital heart disease (CHD) in children. The expansion of medical device companies in emerging economies, and growing preference for noninvasive devices and point-of-care testing are expected to offer significant growth opportunities for market players during the forecast period. However, concerns regarding the regulations and the accuracy concerns for OTC pulse oximeters are expected to limit market growth to some extent in the coming years.

Alma Lasers (Isreal) and AbbVie Inc. (Ireland) are Leading Players in the Medical Aesthetics Market

The global medical aesthetics market is projected to reach USD 23.4 billion by 2027 from USD 13.9 billion in 2022, at a CAGR of 11.0% from 2022 to 2027. The market is expanding as a result of factors like the rising popularity of minimally invasive and noninvasive aesthetic procedures, the rising popularity of aesthetic procedures among geriatric patients, the accessibility of technologically advanced and user-friendly products, and the rising demand for aesthetic treatments among men. The availability and acceptance of alternative beauty and cosmetic goods, which are becoming more widely available, are, however, limiting the expansion of this market, as are the clinical risks and consequences connected with medical aesthetic operations.

Market Leaders : Minority of big players are focusing on product Launches and Acquisition to Strengthen their market position in Essential Oils Market

According to MarketsandMarkets, the global essential oils market size is estimated to be valued at USD 8.8 billion in 2022 and is projected to reach USD 15.3 billion by 2027, recording a CAGR of 11.8% in terms of value. The essential oils provide plants with their characteristic smell and safeguard them from external stress conditions. Apart from imparting fragrance, essential oils have healing properties due to their potent antioxidant, anti-inflammatory, anti-viral, and anti-microbial properties. It is due to these qualities that essential oils find usage in a wide array of applications starting from food & beverages and aromatherapy to cosmetics & toiletries, home care, health care, and feed.

ABB (Switzerland) and Siemens (Germany) are the Key Players in the Industrial Control & Factory Automation Market