Sensient Cosmetic Technologies (France) and Clariant (Switzerland) are the Key Players in the Cosmetic Dyes Market

New Revenue Pockets: Growing Developments in the Feed Industry of the Asian Countries and Increasing Investment from Key Players to Boost Market Growth in Feed Yeast Market

The feed yeast market is estimated to account for USD 1.7 billion in 2018 and is projected to reach USD 2.1 billion by 2023, growing at a CAGR of 5.27% during the forecast period. The rising demand for natural growth promoters in the feed industry drives the feed yeast market. The benefits associated with yeast-based feed products is the major factor contributing to the growth of this market globally. With a growing population and declining arable land for crop and livestock production in many Asia Pacific countries, manufacturers, farmers, and governments are witnessing tremendous pressure to meet the growing demand for food. The increasing disposable income among individuals in the region has led to a surge in demand for quality food. Moreover, the growing awareness about nutrient requirements in the diet among consumers has also resulted in high demand for protein-rich nutritional food. Thus, animal-based foods such as meat, eggs, and milk with rich nutritional value is in high demand. As per the FAO figures of 2017, the consumption rate of meat products in East Asia had grown at a rapid pace. The figure reached to 50 kg per person in 2015 from nearly 9 kg per capita in the 1960s.

3M (US) and Omega Engineering (US) are leading players in Temperature Monitoring Systems Market

The global temperature monitoring systems market is projected to reach USD 5.4 billion by 2024 from USD 4.5 billion in 2019, at a CAGR of 3.9%. The growth of this market is driven by rising manufacturing activity across a range of industries, as well as stringent regulations to ensure product quality (particularly in the food & beverage and pharmaceutical sectors). Technological advancements have introduced systems that are more efficient and capable of meeting a greater variety of needs than their predecessors did, which has stimulated their overall adoption.

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

Key Revenue Pockets - EMI Shielding Market

EMI shielding is becoming increasingly important due to the increasing number of electronic devices and their interaction. The need for electromagnetic interference (EMI) shielding is further propelled by the increasing clock frequencies, faster slew rates, and increasing packaging density, as well as the rising demand for smaller, lighter, cheaper, and low-power devices. The EMI shielding market is expected to be valued at USD 6.3 billion in 2019. It is expected to reach USD 8.2 billion by 2024 at a CAGR of 5.34% from 2019 to 2024. The factors that are driving the growth of the market include ongoing demonstrations of field trials and pilot projects to develop the viability of 5G technology and stringent EMI regulations.

Market Leader - Motor Lamination Market

3M Company (US) and Intertape Polymer Group (Canada) are leading players in Sealing & Strapping Packaging Tapes Market

The sealing & strapping packaging tapes market is growing rapidly due to the growing applications in the packaging market globally. Factors such as the increasing demand for sealing & strapping packaging tapes from the Asia Pacific region and a wide range of applications in the packaging industry have largely contributed to the growth of the sealing & strapping packaging tapes market. The sealing & strapping packaging tapes market is segmented on the basis of material, type of adhesive, applications, and region. The strapping & bundling segment is projected to witness significant growth due to the technological advancements and innovations in the packaging industry. According to MarketsandMarkets, the global market for sealing & strapping packaging tapes, in terms of value, is projected to reach USD 22.1 billion by 2023, at a CAGR of 4.89%.

Market Leaders - Automotive Logistics Market

The automotive logistics market is projected to grow from USD 284.1 billion in 2018 to USD 472.9 billion by 2025, at a CAGR of 7.55%. Increase in vehicle production and demand for raw materials and components are the key drivers for the growing logistics market. Also, infrastructural development in developing countries has given a boost to the automotive logistics market.

Technological growth of Wireless Network Test Equipment Market

The wireless network test equipment market is estimated to be USD 3.2 billion in 2018 and is expected to reach USD 4.7 billion by 2023 at a CAGR of 8.0%. A wireless network uses wireless data connections between network nodes with the help of various devices such as mobile, computer, and other systems. The increasing number of subscribers affect the network quality, which would, in turn, require network testing to solve issues of interference and congestion. Wireless network testing uses drive test, monitoring, and crowdsourcing, along with related test equipment such as analyzers, base station equipment, and probes.  The growing mobile data traffic coupled with increasing adoption of smart devices, rising technological advancement toward networking and communication, and increasing interoperability of network technologies are the major factors driving the growth of the market.

Keka (Hyderabad) and ZingHR (Mumbai) are leading players in India HCM Market

Human Capital Management (HCM) solutions and services streamline the entire Human Resource (HR) process to optimize the management of different functions, such as sourcing and recruiting, payroll and compensation, application tracking, workforce scheduling, and time and attendance management. Organizations are focusing on minimizing costs associated with the HR function. HCM solutions and services are gaining demand, as they enable organization to realize various benefits, such as increased workforce productivity and employee engagement, and reduced cost of HR functions.

ALTANA AG (Germany) and Evonik Industries (Germany) are the Key Players in the Ink Additives Market

Market Leader - Catalyst Fertilizers Market

Adobe (US) and Sprinklr (US) are leading players in Social Media Management Market

The social media management market size is expected to grow from USD 9.2 billion in 2018 to USD 17.7 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 14.1% during the forecast period. The key factors driving the social media management market include an increased focus on the market and competitive intelligence, and a growing need to realize an increased RoI on social media strategy.

Key players adopted various strategies to grow in the global Smart City Platforms Market

A smart city platform can be defined as a universal platform which accommodates various interconnected city-centric smart solutions addressing a range of city challenges, such as transportation, public safety, utilities, and environmental issues. Smart city platform provides integration, security, and connectivity platform with data and device management to smart city solutions. Data gathered from different smart solutions deployed in the city is processed, analyzed, and used as input to another solution for improving the operational efficiency of the city. MarketsandMarkets forecasts the smart city platforms market size to grow from USD 104.6 billion in 2018 to USD 223.3 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 16.4% during the forecast period.

Autodesk (US) and Altair (US) are leading players in Generative Design Market

The global generative design market is expected to grow from USD 111 million in 2018 to USD 275 million by 2023, at a CAGR of 19.9% during the forecast period. Factors that drive the market growth are increasing need for advanced design software to drive product innovation, the growing demand for environment-friendly architecture, and enhanced production efficiency.