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Siemens Energy (Germany) and Linde plc (Ireland) are the Key Players in the Hydrogen Energy Storage MarketThe 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 |
CAE Inc. (US), Thales Group (France) and Saab AB (Sweden) are leading players in Simulators MarketA 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. ...... Read More |
June 28, 2022 |
Market Leader - E-Bike MarketThe 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 MarketThe 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. ...... Read More |
June 28, 2022 |
Market Leaders - Automotive Software MarketThe 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. ...... Read More |
June 27, 2022 |
Accenture (Ireland) and DXC Technology (US) are leading players in IoT Integration MarketThe 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. ...... Read More |
June 27, 2022 |
Market Leader - Automotive Motors MarketThe 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 MarketCovetrus 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 |
Market Leadership - Speech and Voice Recognition MarketThe 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 ...... Read More |
June 24, 2022 |
AWS (US) and Thales (France) are leading players in IoT IAM MarketThe 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. ...... Read More |
June 24, 2022 |
Market Leaders - Hydraulics MarketThe 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. ...... Read More |
June 24, 2022 |
Market Leaders - Asia Pacific Electric 3-Wheeler MarketAsia Pacific electric 3-wheeler market is estimated to be 272.7 thousand units in 2022 and is projected to grow to 702.1 thousand units by 2027, at a CAGR of 20.8% during the forecast period. Electric 3-wheelers run on the electrical energy stored in the rechargeable battery units. These battery units can either be charged through an external power source or can be swapped with a charged one. Electric 3-wheelers are more efficient and eco-friendly than conventional ICE 3-wheelers. The 3-wheeler industry has witnessed rapid evolution with ongoing developments in engineering and technology. Technological advancements, such as the inclusion of simulation software, reality tools, telematics unit, and GPS, and the emergence of disruptive trends, such as the use of energy-efficient electric propulsion and innovative battery technologies, have boosted the demand for electric 3-wheelers ...... Read More |
June 23, 2022 |
Market Leader - Multi-Factor Authentication MarketMarketsandMarkets forecasts the global MFA market size is projected to grow from an estimated value of USD 12.9 Billion in 2022 to USD 26.7 Billion by 2027, at a Compound Annual Growth Rate (CAGR) of 15.6% from 2022 to 2027. Growing instances of data breaches, rising adoption of BYOD trends, stringent regulations, and growing pressure of data security compliances are some of the factors that are driving the market growth. ...... Read More |
June 23, 2022 |
Becton, Dickinson and Company (BD) (US) ,Yuyama Co., Ltd/Yuyama Mfg Co., Ltd and Omnicell, Inc. (US) are the Prominent Players in the Asia Pacific Pharmacy Automation MarketBecton, Dickinson and Company (US), Yuyama Co., Ltd/Yuyama Mfg Co., Ltd (Japan), Omnicell, Inc. (US), KUKA AG (Swisslog Healthcare) (Germany), and TOSHO Co, Inc. (Japan) are the leading players in the Asia Pacific pharmacy automation market...... Read More |
June 23, 2022 |
Market Leaders - Outdoor Power Equipment MarketThe global outdoor power equipment market size is expected to grow from USD 26.4 billion in 2021 to USD 35.8 billion by 2026, at a CAGR of 6.3%. The growing affinity for yard maintenance and beautification of private and public spaces along with the growing demand for commercial landscaping services are key factors driving the outdoor power equipment market. ...... Read More |
June 23, 2022 |
Market Leader - Bio Decontamination MarketThe global bio decontamination market is projected to reach USD 227 million by 2027 from USD 159 million in 2022, at a CAGR of 7.3% from 2022 to 2027. The bio decontamination market is driven by the rising prevalence of hospital-acquired infections, the increasing number of surgical procedures, and the increasing outsourcing of bio decontamination services across the globe....... Read More |
June 22, 2022 |
Zebra Technologies (US) and Avery Dennison (US) are leading players in RFID MarketThe RFID market is projected to reach USD 35.6 billion by 2030 from USD 14.5 billion in 2022; it is expected to grow at a CAGR of 11.9% from 2022 to 2030. ...... Read More |
June 22, 2022 |
Georg Fischer Ltd. (Switzerland) and Genuit Group (UK) are leading players in Plastic Hot & Cold Pipe MarketThe global plastic hot and cold pipe market is expected to grow from an estimated USD 6.5 billion in 2022 to USD 8.7 billion by 2027, at a CAGR of 5.9% during the forecast period. Plastic hot and cold pipes are corrosion resistant, easy to install and cost efficient and government support and incentives for adoption of underfloor eating systems are main drivers for the plastic hot and cold pipe market. Growth in construction industry and digitalization is expected to offer remunerative opportunities for the plastic hot and cold pipe market during the forecast period. ...... Read More |
June 22, 2022 |
Solvay (Belgium) and Showa Denko Materials Co. Ltd. (Japan) are leading players in Low Dielectric Materials MarketThe low dielectric materials market is growing in line with the emergence of 5G communication and data transmission demands. Factors such as increasing usage of data & telecommunication products and the emergence of technologies such as IoT and machine learning are inflating the demand for low dielectric materials to reduce the loss in data transmission. This market is categorized based on type, material type, application, and region. Key factors that drive the market include increasing demand for low transmission-loss material having excellent product specifications and the growth in the private and government funding for the development of 5G in both developed and developing economies. According to MarketsandMarkets, the market size is projected to grow from USD 1.7 Billion in 2022 to reach USD 2.4 Billion by 2027, at a CAGR of 6.7%. ...... Read More |
June 22, 2022 |
Market Leader - Zero Trust Security MarketMarketsandMarkets forecasts the global Zero trust security market size is expected to grow from an estimated value of USD 27.4 billion in 2022 to USD 60.7 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 17.3% from 2022 to 2027Surge in security regulations, government policies in large companies, and the increased number of data breaches across the globe, particularly in North America and Europe are some of the factors that are driving the market growth. ...... Read More |
June 22, 2022 |
BitSight (US) and Prevalent (US) are leading players in Cybersecurity Insurance MarketThe global cybersecurity insurance market size in the post-COVID-19 scenario is projected to grow from USD 11.9 billion in 2022 to USD 29.2 billion by 2027, at a CAGR of 19.6% during the forecast period. High rate of recovery of financial losses is driving the cybersecurity insurance market growth. Several enterprises are opting for cybersecurity insurance policies to cover huge financial losses, resulting in cyber incidents. SMEs are more exposed to cyber threats due to the acceleration in the use of cloud-based business models, the lack of concrete laws in developing and underdeveloped countries, internal employee threats, and extensive Bring Your Own Devices (BYOD) and WFH trends. ...... Read More |
June 21, 2022 |
Ferrotec (Japan) and Laird Thermal Systems (US) are leading players in Thermoelectric Modules MarketThe thermoelectric modules (TEMs) market is projected to grow from USD 693 million in 2022 to USD 1,054 million by 2027; it is expected to grow at a CAGR of 8.8% from 2022 to 2027. The growth of the market is attributed to the benefits of TEMs over conventional systems, simultaneous heating and cooling properties of TEMs, and growth of electric and luxury vehicles. During the forecast period, development of TEMs for new application areas such as telecommunication and medical is expected to create growth opportunities for the market. However, inherent disadvantages and design complexities in addition to high costs of TEMs compared to traditional heating or cooling systems restrain the growth of the market. ...... Read More |
June 21, 2022 |
Thermo Fisher Scientific Inc. (US), Merck KGaA (Germany) and Danaher (US) are the Prominent Players in the Stem Cell Assays MarketThe stem cell assays market is projected to reach USD 4.5 Billion by 2027 from USD 1.9 Billion in 2022, at a CAGR of 17.7% during the forecast period. Growth in the stem cell assays market can be attributed to factors such as the increasing awareness about the therapeutic potency of stem cells, increasing funding for stem cell research, rising demand for cell-based assays in drug discovery, collaborations and agreements among market players....... Read More |
June 21, 2022 |
Danone North America Public Benefit Corporation (US) and The Hain Celestial Group, Inc. (US) are the Key Players in the Dairy alternatives MarketThe global dairy alternatives market size is estimated to be valued at USD 27.3 billion in 2022 and is projected to reach USD 44.8 billion by 2027, recording a CAGR of 10.4% during the forecast period in terms of value. The demand for dairy alternatives is increasing due to increasing demand for plant-based beverages across the world....... Read More |
June 21, 2022 |
Siemens (Germany), Johnson Controls (Ireland) are Schneider Electric (France) leading players in European Smart Home MarketThe European smart home market is projected to grow from USD 26.7 billion in 2022 to USD 41.2 billion by 2027; it is expected to grow at a CAGR of 9.0% from 2022 to 2027. The key factors fueling the growth of this market include growing internet access in European region, rising need for energy saving and low-carbon emission-oriented solutions, increasing number of manufacturers expanding their smart home product portfolios, ongoing proliferation of smartphones, surging importance of home monitoring, and increasing safety, security, and convenience offered by smart home products are driving need for them. ...... Read More |
June 21, 2022 |
Gigamon (US) and Keysight Technologies (US) are leading players in Network Monitoring MarketThe network monitoring market is projected to grow from USD 2.2 billion in 2022 and is projected to reach USD 3.0 billion by 2027; it is expected to grow at a CAGR of 6.9 % from 2022 to 2027. ...... Read More |
June 20, 2022 |
Market Leaders : Bayer AG and Procter & Gamble are focusing on Partnerships, Acquistions, and investment Strategies to Strengthen their Market Postion in Bone & Joint Health Supplements MarketThe global bone & joint health supplements market is estimated to be valued at USD 11.7 billion in 2022. It is projected to reach USD 17.6 billion by 2027, recording a CAGR of 8.5% during the forecast period. ...... Read More |
June 20, 2022 |
Agreements/contracts, expansions, acquisitions, and new product developments are key strategies adopted by leading players in the Water Blocking Tapes MarketWater blocking tapes are the combination of multiple layers of lightweight, non-woven fabric along with one or multiple swellable water blocking compounds. Water blocking compounds can include water-absorbent polymers that get disposed under layers of fabric by using the ultrasonic bonding technique. These water swellable tapes efficiently absorb liquid at the point of insulation failure and get quickly swelled to block further ingress. Different conductive types of water blocking tapes are used according to the performance requirements. These tapes get widely used in optical fiber, submarine, communication, power, and other cables. ...... Read More |
June 15, 2022 |
Microsoft (US) and Cisco (US) are leading players in IoT Solutions and Services MarketThe IoT solutions and services market is projected to grow from USD 243.1 billion in 2022 to USD 575.0 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 18.8% during the forecast period. The growing need for automation and asset monitoring is remotely enhancing the growth of the IoT solutions and services market. ...... Read More |
June 15, 2022 |
Epic Systems Corporation (US) and Cerner Corporation (US) are the Key Players in the Ambulatory EHR MarketThe global ambulatory EHR market is projected to reach USD 7.7 billion by 2027 from an estimated USD 5.7 million in 2022, at a CAGR of 6.1% during the forecast period. Growth in this market is driven by increase in the COVID-19 patient volume, the growing usage of EHR solutions, and the increasing need to curtail healthcare costs. On the other hand, heavy infrastructure investments and the high cost of deployment are limiting the growth of the global ambulatory EHR market to a certain extent....... Read More |
June 15, 2022 |
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