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Siemens Energy (Germany) and Linde plc (Ireland) are the Key Players in the Hydrogen Energy Storage Market

The global hydrogen energy storage market is projected to reach USD 119.2 Billion by 2027 from an estimated market size of USD 13.8 Billion in 2022, at a CAGR of 54.0% during the forecast period. Increasing demand of hydrogen in industrial sector and rising demand of stationary and mobile power applications are the key factors driving market growth....... Read More
August 6, 2022

Market Leader - Fuel Cell Powertrain Market

The global fuel cell powertrain market size is projected to grow from USD 512 million in 2022 to USD 3,629 million by 2027, at a CAGR of 47.9%. The base year for the report is 2021, and the forecast period is from 2022 to 2027. The growth of this market can mainly be attributed to the increasing environmental concerns about GHG emissions from vehicles. Increasing government initiatives for the development of hydrogen infrastructure is providing an opportunity for the fuel cell powertrain market to grow in the future....... Read More
June 30, 2022

F. Hoffmann-La Roche Ltd. (Switzerland) and Danaher Corporation (US) are Leading Players in the Tissue Diagnostics Market

The global tissue diagnostics market is expected to reach USD 7.3 billion by 2027 from USD 5.3 billion in 2022, at a CAGR of 6.6% during the forecast period. The growth of this market is majorly driven by rising prevalence of cancer, growing demand for digital pathology, Increasing healthcare expenditure. However, Lack of skilled professionals, and availability of refurbished products are some of the challenges for which may hinder the growth of this market.

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June 30, 2022

DS Smith (UK), Smurfit Kappa (Ireland) and CCL Industries Inc. (Canada) are leading players in Digital Printing Packaging Market

The global digital printing packaging market size is projected to grow from USD 29.4 billion in 2022 to USD 45.1 billion by 2027, at a CAGR of 8.9% from 2022 to 2027. The growth of the digital printing packaging market is because of its ability to offer aesthetic appeal to packed products as most purchasing decisions are made at the point of sale. The usage of digital printing in packaging is growing, and the need to reduce the cost of printing without compromising the quality of the image will drive the market for digital printing. In 2020, the digital printing packaging market had a nominal impact on its demand due to COVID-19. Slowing raw material production, supply chain disruption, hampered trade movements, declining construction demand, and reduced demand for new projects also have hampered market growth.

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June 30, 2022

Market Leadership - Digital Twin Market

The digital twin market is expected to grow from USD 6.9 billion in 2022 to USD 73.5 billion by 2027, at a CAGR of 60.6% during the forecast period. The rising emphasis on digital twin in manufacturing industries to reduce cost and improve supply chain is the major drivers for the digital twin market.  The rising emphasis on digital twins in manufacturing industries to reduce cost and improve supply chain operations create future scope for increasing the adoption of digital twin technology. The high investments associated with implementation of digital twin technology is a major factor restraining the growth of the digital twin market. In addition, complexities associated with data collection and mathematical models is a major challenge for the market players.

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June 30, 2022

Artificial Solutions (Sweden), eGain (US) and Baidu (China) are leading players in Bot Services Market

The bot services market size to grow from USD 1.6 billion in 2022 to USD 6.7 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 33.2% during the forecast period. Various factors such as rise in the need for 24X7 customer support at a lower operational cost, integration of chatbots with social media to augment marketing strategy, and innovations in AI and ML technologies for chatbots resulting in better customer experience are expected to drive the adoption of bot services.

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June 30, 2022

STERIS plc (US) and Getinge Group (Sweden) are the Leading Players in the Medical Device Cleaning Market

All medical devices are required to be thoroughly cleaned and sterilized between each use to avoid infecting patients or causing illnesses. This report covers the different products used during the medical device cleaning process. The growth of this market is majorly driven by the incidence of hospital-acquired infections (HAIs), rise in healthcare expenditure, and an increasing focus on disinfection and sterilization in the healthcare sector....... Read More
June 30, 2022

Collins Aerospace (US), L3harris Technologies (US), ViaSat (US), Thales Group (France), and General Dynamics Corporation (US) are leading players in Tactical Data Link Market

MarketsandMarkets: The Tactical Data Link Market is estimated to be USD 8.1 billion in 2022 and is projected to reach USD 10.3 billion by 2027, at a CAGR of 4.9% from 2022 to 2027. The market is driven by factors such as rise in airspace modernization programs, emergence of modern warfare systems, etc.

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June 29, 2022

Jiutian Chemical Group Limited (Singapore) and Shaanxi Xinghua Chemistry (China) are leading players in Dimethylformamide (DMF) Market

The DMF market is projected to grow from USD 2.3 billion in 2022 to USD 2.7 billion by 2027, at a CAGR of 3.2% between 2022 and 2027. Asia Pacific is estimated to be the largest consumer of DMF. The global DMF market is driven by the growing demand for DMF in different end-use industries.

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June 29, 2022

NETZSCH (Germany) and SEEPEX (Germany) are the Leading Players in the Progressing Cavity Pump Market

The global progressing cavity pump market is projected to reach USD 2.8 billion by 2027 from an estimated USD 2.2 billion in 2022, at a CAGR of 5.3% during the forecast period. The rising sanitation services and progressing towards global sustainability goals is increasing the investments in the water & wastewater treatment plants in developing countries. And, also increase in the exploration activities in the oil & gas industry, demand for petrochemicals products, and precision dosing of additives in food and beverage industries are the key factors driving the market growth....... Read More
June 29, 2022

Microsoft (US) and IBM (US) are leading players in DRaaS Market

The global DRaaS market size is estimated to be USD 8.8 billion in 2022 and is projected to reach USD 23.5 billion by 2027, at a CAGR of 21.6% during the forecast period. Compelling need to lower TCO, save time, and allow IT teams to shift focus to higher-value tasks is one of the key factors driving market growth.

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June 29, 2022

NICE (Israel) and Genesys (US) are leading players in Cloud-Based Contact Center Market

Contact center is a customer service function that handles customer contacts using more than one channel and can include phone, email, chat, text messaging, and social media. A cloud contact center has its core contact center technology hosted by a third party, utilizing cloud computing. Commonly hosted applications include Automatic Call Distributors (ACDs) that are responsible for routing contacts, and Interactive Voice Response (IVR) systems that greet callers and facilitate self-service. Cloud contact centers can also use hosted solutions for workforce management, analytics, Customer Relationship Management (CRM), training management, and more.

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June 29, 2022

Lumenis, Ltd. , Solta Medical and Alma Lasers, Ltd. are the Major Players in the Dermatology Devices Market

The global dermatology devices market is projected to reach USD 11.3 billion by 2027 from USD 6.2 billion in 2022, at a CAGR of 12.7% during the forecasted period (2022 to 2027). Dermatology devices help dermatologists and surgeons in diagnosing and treating skin disorders. These devices are used by various medical care providers, such as hospitals, dermatology clinics, and academic research institutes. The rising incidence of skin diseases and increasing awareness of aesthetic procedures are the primary growth drivers for the dermatology devices market. The expansion of healthcare infrastructure in developing regions is expected to provide growth opportunities to players operating in this market....... Read More
June 29, 2022

Honeywell International Inc. (US) and The Chemours Company (US) are Leading Players in the Refrigerants Market

The refrigerants market is projected to reach USD 8.4 billion by 2027, at a CAGR of 6.2% from USD 6.2 billion in 2022. The growth is largely driven by factors such as high demand from industries such as consumer electronics, pharmaceutical and automotive. The growing demand for natural refrigerants due to environmental concerns provides lucrative opportunities for the market.

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June 29, 2022

Honeywell (US) and Safran (France) are Leading Players in the Aircraft Generators Market

The main source of electrical power on an aircraft is a generator that converts mechanical energy to electrical energy via applications of electromagnetics. The mechanical energy input for a generator comes from the engine in the form of a rotating shaft attached to the generator. The evolution of the aviation industry has also led to technological advancements in various components, such as generators, rectifiers, and actuators. The market for aircraft generators is growing as more aircraft subsystems are being technologically advanced and electrically powered to enhance the overall efficiency and reduce emissions.

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June 29, 2022

During the forecast period, GE Healthcare (US), Koninklijke Philips N.V. (Netherlands) are the leading players in the global medical image analysis software market

The global medical image analysis software market is projected to reach USD 4.5 billion by 2027 from USD 3.2 billion in 2022, at a CAGR of 7.8%. The growth in this market is driven by factors such as technological advancements in medical imaging systems and analysis software, growing public- and private-sector investments in the medical imaging market, the rising prevalence of chronic diseases, and growing applications of computer-aided diagnosis. On the other hand, budgetary constraints are expected to restrain the market growth to a certain extent.

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June 28, 2022

Mitsubishi Electric (Japan), ON Semiconductor(US) and Infineon Technologies(Germany) are leading players in Intelligent Power Module Market

The global intelligent power module market size is anticipated to grow from USD 1.8 billion in 2022 to USD 3.0 billion by 2027, at a CAGR of 10.7% from 2022 to 2027. Rising requirements for power generation through renewable sources, focus of OEMs on providing novel and efficient energy and power monitoring modules as well as surging demand for IPMs in industrial, automotive and consumer electronics vertical are some of the major factors propelling the growth of intelligent power module market.

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June 28, 2022

Market Leadership - Product Information Management (PIM) Market

The global PIM market size to grow from USD 12.2 billion in 2022 to USD 23.8 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 14.3% during the forecast period. Growing demands for better customer experience, as well as updating product information across all the channels, demand for delivering contextualized user experience, and a raise in digital content across enterprises, are among the major factors boosting the growth of the PIM market.

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June 28, 2022

Cisco (US) and IBM (US) are leading players in Smart Hospitality Market

MarketsandMarkets forecasts the Smart Hospitality  Market size to grow from USD 13.6 billion in 2022 to USD 49.9 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 29.8% during the forecast period. The increase in adoption of smart hospitality solutions and services is driven by the need to reduce operational costs and look for high revenue growth opportunities. Furthermore, the growing demand for guest-oriented, hyperconnected personalization and real-time optimized experience will drive the smart hospitality market. The presence of various key players in the ecosystem has led to a competitive and diverse market.

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June 28, 2022

Panasonic Corp. (Japan), Maxwell Technologies (South Korea) and Eaton (Ireland) are the Key Players in the Supercapacitor Market

The global supercapacitor market size is anticipated to grow from USD 472 million in 2022 to USD 912 million by 2027, at a CAGR of 14.1% from 2022 to 2027. Increasing demand for energy conservation solutions and high storage capabilities especially in automotive, energy and consumer electronics applications due to accelerated use of supercapacitors for EVs/HEVs, trains and aircrafts, smart wearables, wind turbines, grid energy storage systems and railway sides are some of the major factors propelling the growth of supercapacitor market....... Read More
June 28, 2022

CAE Inc. (US), Thales Group (France) and Saab AB (Sweden) are leading players in Simulators Market

A simulator is a system that combines software and hardware to simulate training. The market for simulators includes airborne, land, and maritime platforms, which are used to train commercial and military crew. Training through simulators can be provided via three techniques: live, virtual & constructive simulation, synthetic environment simulation, and gaming simulation. The Simulators market size is projected to grow from USD 25.5 billion in 2022 to USD 34.9 billion by 2027, at a CAGR of 6.5% from 2022 to 2027. The increasing acceptance of virtual pilot training to ensure aviation safety is another significant factor expected to contribute to the growth of the simulators market.

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June 28, 2022

Market Leader - E-Bike Market

The e-Bike market size is projected to reach USD 80.6 billion by 2027 from an estimated USD 49.7 billion in 2022, at a CAGR of 10.2% from 2022 to 2027. The base year for the report is 2021, and the forecast period is from 2022 to 2027....... Read More
June 28, 2022

Market Leaders - Ground Penetrating Radar Market

The global ground penetrating radar market size is expected to grow from USD 315 million in 2022 to USD 453 million by 2027, at a CAGR of 7.5% from 2022 to 2027. Implementation of GPR equipment drives the growth of this market as it prevents serious injuries to the workforce employed on the excavation sites, as well as to other people present in the vicinity, by minimizing the probabilities of accidents associated with high-pressure gas or electrical lines, national defense communication lines, mass transit, and rail and road tunnels.

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June 28, 2022

Market Leaders - Automotive Software Market

The global automotive software market size is projected to grow at a CAGR of 13.1% during the forecast period, to reach USD 40.1  billion by 2027. The key growth drivers for the market are Extensive R&D and growing collaborations between OEMs and software & hardware providers.

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June 27, 2022

Accenture (Ireland) and DXC Technology (US) are leading players in IoT Integration Market

The IoT integration market size is expected to grow from USD 2.4 billion in 2022 to USD 9.2 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 30.2% during the forecast period. The IoT integration solutions enable companies to simplify the process and improve production optimization by utilizing connected devices, driving the IoT integration market.

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June 27, 2022

Market Leader - Automotive Motors Market

The global automotive motors market for ICE vehicles is projected to grow from USD 23.0 billion in 2022 to USD 28.7 billion by 2027, at a CAGR of 4.5%. Government regulations for automobile safety and rising disposable income levels of people around the world has been a major factor for the growth of this market....... Read More
June 27, 2022

Covetrus Inc. (US), Midmark Corporation (US) and ICU Medical, Inc. (US) are the Leading Player in the Veterinary Equipment and Supplies Market

Covetrus Inc. (US), Midmark Corporation (US), ICU Medical, Inc. (US), B. Braun Melsungen AG (Germany),BD Animal Health (US) are the leading players in the veterinary equipment and supplies market. The global veterinary equipment and supplies market is projected to reach USD 2.9 Billion by 2027 from USD 2.0 Billion in 2022, at a CAGR of 8.1% during the forecast period. Growing scale of veterinary businesses and telemedicine & remote monitoring equipment are the major trends in veterinary equipment and supplies market....... Read More
June 24, 2022

AWS (US) and Thales (France) are leading players in IoT IAM Market

The IoT IAM market size is expected to grow from USD 5.6 billion in 2022 to USD 14.0  billion by 2027, at a Compound Annual Growth Rate (CAGR) of 20.1% during the forecast period. The extended growth of IoT across all the industry verticals faces critical challenges of managing identities and governing access to vital business processes and information. IoT IAM vendors are enhancing their solutions portfolio to help their clients confront these challenges and benefit the most from their digital ecosystems.

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June 24, 2022

Market Leadership - Speech and Voice Recognition Market

The speech and voice recognition market is projected to grow from USD  9.4  billion in 2022  to USD 28.1 billion by 2027, at a CAGR of 24.4%  from 2022 to 2027. Major factors driving the growth of the speech and voice recognition market include increasing demand in healthcare for improving efficiency and the growing use of smart appliances

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June 24, 2022

Market Leaders - Hydraulics Market

The global hydraulics market size is expected to grow from USD 41.2 billion in 2022 to USD 49.7 billion by 2027, at a CAGR of 3.8%. The growth in the need for material handling equipment across industries, rapidly growing demand for advanced agriculture machinery, and growing necessity for construction equipment are the key factors driving the hydraulics market.

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June 24, 2022

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