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Title	Date
Call2Recycle Inc. (US) and Cirba Solutions (US) are leading players in Battery Recycling Market The battery recycling market is projected to grow from USD 26.9 billion in 2023 to USD 54.3 billion by 2030, at a CAGR of 10.5% from 2023 to 2030. The growth of the market is driven by the increased utilization of batteries in electric vehicles, smart devices, and other consumer electronic gadgets. ...... Read More	June 8, 2023
Aircraft Seals Companies - SKF (Sweden) and Parker Hannifin (US) are the Key Players The Aircraft seals market size is projected to grow from USD 3.1 Billion in 2023 to USD 3.8 Billion by 2028, at a CAGR of 4.1% from 2023 to 2028. Aircraft seals make sure fluids, gases, and other media are contained within multiple systems in an aircraft. Seals help contain and prevent leakage of multiple liquids, such as fuel, hydraulic liquid, and lubricants, in their respective systems. ...... Read More	June 7, 2023
Abbott Laboratories (US), F. Hoffmann-La Roche Ltd. (Switzerland) and bioMérieux SA (France) are the Major Players in the Point of Care Molecular Diagnostics Market The global point-of-care molecular diagnostics market size is projected to reach USD 3.4 billion by 2028 from USD 2.0 billion in 2023, at a CAGR of 10.6% during the forecast period. Growth in the point-of-care molecular diagnostics industry is mainly driven by factors such as the increasing incidence of infectious diseases and cancer, increasing R&D funding to reduce time required for testing, growing awareness about early diagnosis of testing and technological advancements. ...... Read More	June 7, 2023
Lonza (Switzerland), Merck KGaA (Germany) and Thermo Fisher Scientific Inc. (US) are top players in Viral Vector & Plasmid DNA Manufacturing Market The viral vector and plasmid DNA manufacturing market is projected to reach USD 12.8 billion by 2028 from an estimated USD 5.5 billion in 2023, at a CAGR of 18.2% during the forecast period of 2023 to 2028. The growth of this market is majorly driven by effectiveness of viral vectors in gene therapy delivery. Viral vectors have been proven to be effective tools for delivering therapeutic genes to target cells in gene therapy. The effectiveness of viral vectors can depend on several factors, including the type of virus used, the target cell type, the dosage and mode of delivery, and the immune response of the patient. Viral vectors can be modified according to the required application and thus prove advantageous for targeting and entering cells. ...... Read More	June 7, 2023
Market Leader - Surgical Procedures Market The US surgical procedures market is projected to reach 1,27,748.5 thousand procedures by 2028 from 1,08,275.5 thousand procedures in 2023, at a CAGR of 3.4% during the forecast period. The growth of this market is mainly attributed to the growth in geriatric population, increasing prevalence of cancer, rise in chronic diseases, and technological advancements in surgical procedures. However, a shortage of surgeons in the US and complications associated with the surgical procedures pose a challenge to the market growth. In this report, the US surgical procedures market is segmented based on type and channel. ...... Read More	June 7, 2023
Pfizer, Inc. (US) and Novartis AG (Switzerland) are Leading Players in the Biosimilars Market The biosimilars market is estimated to reach USD 66.9 billion by 2028 from USD 29.4 billion in 2023, at a CAGR of 17.8% during the forecast period. The growth of this market is mainly driven by rising demand for biosimilars in developed and developing countries, favorable reimbursement policies and launch of novel biosimilars in the market. ...... Read More	June 7, 2023
Thermo Fisher Scientific Inc (US) and Corning Incorporated (US) are Leading Players in the Flow Chemistry Market The flow chemistry market size is projected to grow from USD 1.7 billion in 2022 to USD 2.9 billion by 2028, registering a CAGR of 10.4% during the forecast period. This growth is attributed to the increasing demand for efficient and sustainable chemical manufacturing processes, as well as the growing interest in the synthesis of complex molecules, such as pharmaceutical intermediates and specialty chemicals, further fuels the demand for flow chemistry. The pharmaceutical industry is a significant driver of flow chemistry adoption. The increasing demand for new drug candidates, coupled with the need for efficient and cost-effective synthesis methods, has fueled the use of flow chemistry in pharmaceutical manufacturing. Flow chemistry enables streamlined synthesis routes, rapid optimization, and improved yield and purity of pharmaceutical intermediates and active pharmaceutical ingredients (APIs). ...... Read More	June 7, 2023
Market Leaders: Jain Irrigation Systems Ltd. and the Toro Company are Expanding, Acquiring, and Launching new Products to Improve their Market Position in Microirrigation Systems Market The global microirrigation systems market is valued at USD 10.4 billion in 2022. It is projected to reach USD 17.8 billion by 2028, recording a CAGR of 9.4% during the forecast period. Microirrigation devices supply water directly to the root zone of plants, ensuring adequate moisture levels and decreasing water stress. This precise water delivery promotes healthier plant development, resulting in increased crop yield and greater produce quality. since the development in urban agriculture and rooftop farming, where water availability is crucial, micro-watering systems are a viable choice for urban farming since they effectively utilize limited water resources and offer controlled irrigation in constricted places. These are the factors that are propelling the growth of microirrigation systems market. ...... Read More	June 7, 2023
Market Leaders : Transformer Oil Market The global transformer oil market is projected to reach USD 3.0 billion by 2030 from an estimated USD 2.0 billion in 2023, at a CAGR of 5.9% during the forecast period. Factors such as the rising trend of investments in HVDC transmission systems are driving the growth of the transformer oils market. ...... Read More	June 7, 2023
Market Leaders : Automotive Turbocharger Market The automotive turbocharger market is projected to grow from USD 15.0 billion in 2023 to USD 22.2 billion by 2028, at a CAGR of 8.1%. The growth of this market can be attributed to a decrease in NOx limits in emission regulations, increased demand for gasoline-based passenger cars, and the development of electric turbochargers. ...... Read More	June 7, 2023
ResMed (US), Koninklijke Philips N.V. (Netherlands) and Fisher & Paykel Healthcare (New Zealand) are leading players in Sleep Apnea Devices Market The global sleep apnea devices market is expected to reach USD 8.0 billion by 2028 from USD 5.8 billion in 2023, at a CAGR of 6.5% during the forecast period. Factors such as the favorable reimbursement scenario and financial aid for sleep apnea devices and therapies and rising number of campaigns to educate about effects of untreated sleep apnea are expected to drive the demand for sleep apnea devices market. An example of this is the "More than a Snore" campaign initiated by the American Academy of Sleep Medicine. This collaborative project is supported by a grant awarded to the Academy by the Centers for Disease Control and Prevention's National Center for Chronic Disease Prevention and Health Promotion. Its primary objective is to increase awareness about obstructive sleep apnea. ...... Read More	June 7, 2023
Time-Sensitive Networking Companies - Belden Inc (US) and Cisco Systems Inc. (US) are the Key Players The global time-sensitive networking market to grow from USD 0.2 billion in 2022 to USD 1.7 billion in 2028 at a CAGR of 58.3% during the forecast period. The rising demand of automation in industrial application along with along with digitization across the globe, are the major driving factors for the growth of the time-sensitive networking market. ...... Read More	June 7, 2023
Veolia Water Technologies(France), SUEZ Water Technologies & Solutions (France) are Leading Players in the Water Recycle and Reuse Market The water recycle and reuse market is projected to reach USD 27.0 billion by 2028, at a CAGR of 10.8% from USD 16.1 billion in 2023. The market growth is driven by factors such as the use of equipments like filtration, Machinery and the increasing demand for the use of water recyle due to the limited availability of freshwater. ...... Read More	June 7, 2023
Market Leadership - Textile Yarn Market The market for textile yarn is estimated at USD 14.4 billion in 2023; it is projected to grow at a CAGR of 5.1% to reach USD 18.5 billion by 2028. Due to the population expansion, the textile sector is experiencing huge demand across Asia-Pacific. Some of the key factors boosting demand for textile yarns are the introduction of new textiles and the acceptance of new trends across the globe. ...... Read More	June 7, 2023
Clear Edge Filtration Inc (US) and Lydall Inc. (US) are Leading players in the Mining & Metal Filtration Market The mining & metal filtration market is projected to reach USD 888 Million by 2028, at a CAGR of 4.7% from USD 707 Million in 2023. The market growth is driven by influencing factors such as increasing global demand for metals, stringent environmental regulations, and increasing emphasis on product quality and consistency. ...... Read More	June 7, 2023
Market Leaders : AC Circuit Breaker Market The ac circuit breaker market is estimated to be USD 4.1 billion in 2023 to USD 5.3 billion by 2028, at a CAGR of 5.3% during the forecast period. The factors that drive the market growth include the Growing investments in power generation from renewable energy sources, increasing capacity additions and enhancements for T&D networks, strengthening of power distribution infrastructure, and increased investments in industrial production. AC circuit breakers are required to distribute power networks, capacity addition, and enhancement plans are expected to drive the ac circuit breaker market. ...... Read More	June 6, 2023
Market Leaders : Fintech as a Service (FaaS) Market The global FaaS market size is projected to grow from USD 310.5 billion in 2023 to USD 676.9 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 16.9% during the forecast period. The expansion of the FaaS market is propelled by the increasing need for cloud computing technology enabling flexibility and scalability in operations. ...... Read More	June 6, 2023
Kuraray Co Ltd (Japan) and Anhui Wanwei Group Co Ltd (China) are Leading Players in the Polyvinyl Alcohol (PVOH) Market The polyvinyl alcohol market is projected to reach USD 5.0 billion by 2028, at a CAGR of 6.1% from USD 3.7 billion in 2023. The market growth is driven by factors such as the water solubility of Polyvinyl Alcohol which makes it highly versatile and the increasing demand for the use of biodegradable products. ...... Read More	June 6, 2023
F. Hoffman-La Roche AG (Switzerland), Danaher Corporation (US) and Agilent Technologies, Inc. (US) are the Key Players in the Immunohistochemistry (IHC) Market The global immunohistochemistry market is projected to reach USD 4.7 billion by 2028 from USD 3.2 billion in 2023, at a CAGR of 7.4% during the forecast period of 2023 to 2028. Factors such as rising geriatric population and growing prevalence of cancer diseases, technological advancements in IHC, the availability of reimbursement for IHC tests, and adoption of digital pathology are the major factors driving the growth of this market. However, the high degree of consolidation is expected to restrain the market’s growth during the forecast period. The product failures and recalls and lack of standardization may also pose a challenge to the growth of this market to a certain extent. ...... Read More	June 6, 2023
Medtronic (Ireland) and Koninklijke Philips N.V. (Netherlands) are Leading Players in the Defibrillator Market The global defibrillator market is expected to reach USD 18.1 billion by 2028 from USD 13.6 billion in 2023, at a CAGR of 5.9% during the forecast period. Factors such as an increase in cardiac arrest among patients with cardiovascular diseases worldwide, growing initiatives by government or private organizations to boost the installation of defibrillators in public access places to enhance the responses during cardiac arrest emergencies, and a rise in defibrillators training & awareness programs are anticipated to propel the growth of defibrillators market during the forecast period. Moreover, ongoing developments in S-ICDs and MRI-compatible ICDs & CRT-Ds and improving healthcare infrastructure in emerging nations will likely support the market's growth. ...... Read More	June 6, 2023
Alfa Laval (Sweden) and Danfoss (Denmark) are Leading Players in the Plate & Frame Heat Exchanger Market The plate and frame heat exchanger market is expected to grow at a CAGR of 6.5% to reach USD 8.1 billion by 2028 from USD 5.9 billion in 2023. The market growth is driven by various factors, including the significant demand from end-use industries such as chemical processing, food and beverages, petrochemicals and oil and gas, paper and pulp, HVAC (Heating, Ventilation, and Air-Conditioning), and power generation. The key global players in the plate and frame heat exchanger market, such as Alfa Laval (Sweden), Danfoss (Denmark), Kelvion Holding GmbH (Germany), SPX Flow (US), XYLEM (US), API Heat Transfer (US), H. Guntner (UK) LTD. (England), Boyd Corporation (US), Johnson Controls (Ireland), and Wabtec Corporation (US) have a strong foothold in their respective regions and are exploring geographic diversification options to expand their businesses. They are focusing on increasing their market shares through new product launches and expansions. ...... Read More	June 6, 2023
Market Leader - 3D Printing Medical Devices Market The 3D printing medical devices market is projected to reach USD 6.9 Billion in 2028 from USD 2.7 billion in 2022 with a CAGR of 17.1% during the forecast period. Due to Technological advancements, the cost-effectiveness of 3D printing devices, the availability of customization, and the capability of these valuable products used in industries such as healthcare, where patient-specific medical devices and prosthetics can be manufactured with precision and Sustainability, and waste reduction the market is witnessing the highest growth. ...... Read More	June 6, 2023
Building Information Modeling Companies - Autodesk Inc. (US) and Dassault Systèmes (France) are the Key Players The global building information modeling market was valued at USD 7.9 billion in 2023 and is projected to reach USD 15.0 billion by 2028; it is expected to register a CAGR of 13.7% during the forecast period. Growing use of BIM as it leads to sustainable development, a rapid rise in urbanization globally, wide-ranging benefits of BIM realized by the Architectural Engineering and Construction (AEC) industry, and growing government initiatives for adopting BIM is attributed to the ever-increasing demand for BIM solutions. ...... Read More	June 6, 2023
Aerospace Bearings Companies - SKF Group (Sweden) and Schaeffler AG (Germany) are the Key Players The global market for aerospace bearings market is estimated to be USD 12.4 billion in 2023 and expected to reach USD 14.6 billion by 2028 at a CAGR of 3.3% from 2023 to 2028. The demand for aerospace bearings is primarily driven by the growth of the aviation industry, including both commercial and military sectors. As air travel continues to increase, there is a corresponding need for new aircraft, as well as maintenance and replacement of existing aircraft components. ...... Read More	June 6, 2023
Worthington Industries, Inc. (US) and Air Liquide (France) are Leading Players in the Hydrogen Storage Market The total physical hydrogen storage market was estimated at USD 1.5 billion in 2023 and is expected to reach USD 6.3 billion in 2030 at a CAGR of 21.5%. Hydrogen is the most abundantly available chemical element and is important as a feedstock in the chemical industry. This gas has a high potential for accelerated growth due to the global annual production of 75 Mt as pure hydrogen and an additional 45 Mt as part of a mix of gases. (Source: IRENA - International Renewable Energy Agency, 2022). ...... Read More	June 5, 2023
Bharat Heavy Electricals Limited (India), Mitsubishi Hitachi Power Systems (Japan) and IHI Coproration (Japan) are leading players in Pressure Vessels Market The global pressure vessels market is projected to reach USD 62.7 billion by 2028 from an estimated USD 50.3 billion in 2023, at a CAGR of 4.5% during the forecast period. Factors such as growing investments in the chemical industry, and risign oil & gas facilities is driving the market. ...... Read More	June 5, 2023
Market Leaders: Major Players are Focusing on Investment and new Product Development to Strengthen their Market Position in Probiotics in Animal Feed Market According to MarketsandMarkets, the Probiotics in Animal Feed market is projected to reach USD 7.1 billion by 2028 from USD 4.6 billion by 2023, at a CAGR of 9.1% during the forecast period in terms of value. The demand for probiotics in animal feed is primarily driven by increase in production and demand of compound feed along with rising consumption of feed additives in emerging markets such as Asia Pacific and South America. ...... Read More	June 5, 2023
Next-Generation Solar Cell Companies - First Solar (US) and Ascent Solar Technologies (US) are the Key Players The next-generation solar cell market is valued at USD 3.0 billion in 2023 and is projected to reach USD 7.4 billion by 2028, growing at a CAGR of 19.5% during the forecast period from 2023 to 2028. The major driving factors for the market are increasing demand for renewable energy due to the need to reduce the emission of greenhouse gases, governmental incentives such as tax credits, and subsidy benefits to make it more accessible to a wider range of consumers. ...... Read More	June 5, 2023
Microsoft (US) and Siemens Healthineers AG (Germany are Leading Players in the Digital Twins in Healthcare Market The global digital twins in healthcare market is projected to reach USD 21.1 billion by 2028 from USD 1.6 billion in 2023, at a high CAGR of 67.0% during the forecast period. Factors such as increasing investments for digital twins technology by public and private entities, increasing use of digital twins for various healthcare applications, and rise in funding and investments in digital twins startups are expected to drive market growth in the coming years. However, issues related to accuracy in digital twin systems and high implementation costs are some of the key factors restraining the growth of the digital twins in healthcare market. ...... Read More	June 5, 2023
Market Leaders : Cloud Infrastructure Entitlement Management (CIEM) Market The global CIEM market size is projected to grow from USD 1.2 billion in 2023 to USD 7.5 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 44.2% during the forecast period. The expansion of the CIEM market is propelled by the rise in inadequate management of identity, access, and privileges that have heightened the demand for robust CIEM solutions, which can effectively combat these evolving risks. The pressing need to overcome the challenge of the lack of awareness of cloud resources, cloud security architecture, and strategy have prompted organizations to adopt CIEM solutions. ...... Read More	June 5, 2023

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