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Market Leadership - Semiconductor Intellectual Property (IP) Market

The global semiconductor IP market size is projected to grow from USD 5.5 billion in 2021 to USD 7.2 billion by 2026, at a CAGR of 5.4%. The market slightly  declined in 2020, mainly due to the impact of COVID-19. The supply chain disruption caused by the pandemic  affected the market especially  automotive, Industrial and others significantly. Also, due to lockdown restrictions, companies were not able to source the required labor for their operations due to travel restrictions.

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January 25, 2022

Hexagon AB (Sweden), Trimble Inc. (US), Topcon (Japan), CHC-Navigation (China) and Hi-Target (China) are leading players in Land Survey Equipment Market

MarketsandMarkets: The land survey equipment market is estimated to be USD 7.7 billion in 2021 and is projected to reach USD 9.9 billion by 2026, at a CAGR of 5.3% from 2021 to 2026. The market is driven by factors such as deployment of new & advanced land survey equipment like UAV based land survey equipment, multistations, total stations, machine control systems, etc.

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January 25, 2022

Market Leader - Industrial 3D Printing Market

The industrial 3D printing market is projected to grow from USD 2.1 billion in 2021 to USD 5.2 billion by 2026; it is expected to grow at a CAGR of 20.0% from 2021 to 2026. Increased focus on high-volume production using metal 3D printing, growth in the usage of 3D printing software and services, and development of advanced 3D printing materials are expected to be the major drivers for the growth of the industrial 3D printing market....... Read More
January 25, 2022

Robert Bosch GmbH (Germany), Siemens (Germany), Continental AG (Germany) and Denso (Japan) are leading players in Automotive Diagnostic Scan Tools market

The global Automotive Diagnostic Scan Tools market is projected to grow at a CAGR of 4.5% during the forecast period, to reach USD 41.4 billion by 2026 from an estimated USD 33.1 billion in 2021. The forecast period is 2021 to 2026. The rise in stringent emission norms to prevent environmental impact and the increase in demand of premium segment cars are the major factors boosting the growth of automotive diagnostic scan tools market globally.

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January 25, 2022

ADT (US) and Cisco (US) are Leading Players in the Physical Security Market

The global physical security market size is expected to grow from USD 102.7 billion in 2021 to USD 140.0 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 6.4% from 2021 to 2026. Physical security helps in performing various functions such as safeguarding premises from security breaches, and putting a stop to attacks such as terrorism, vandalism, burglary, etc.

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January 25, 2022

Nippon Paper Group (Japan) and Stora Enso (Sweden) are the Top 2 Players in the Nanocellulose Market

The nanocellulose market is growing in accordance with the growth in demand for bio-based materials in the numerous industries such as packaging and automotive. Factors such as increasing awareness against the use of non-renewable resources and growing demand for specialty paper are inflating the demand for nanocellulose. This market is categorized on the basis of type, raw material, application, and region. Key factors that drive the market include increasing demand for sustainable products with improved material science and growth in the private and government funding in R&D across developed nations. According to MarketsandMarkets, the market size is expected to reach the value of USD 963 million by 2026, at a CAGR of 22.7% during the forecast period....... Read More
January 25, 2022

Market Leader - Smart Manufacturing Market

The global smart manufacturing market was valued at USD 88.7 billion in 2021 and is projected to reach USD 228.2 billion by 2027; it is expected to grow at a CAGR of 18.5% from 2022 to 2027. In terms of volume of industrial robots, the industrial robots market registered a shipment of 351 thousand units in 2020 and is expected to grow at a CAGR of 16.1% to reach 817 thousand units by 2026. The major drivers of the smart manufacturing market include the growing adoption of Industry 4.0, rising emphasis on industrial automation in manufacturing processes, increasing government involvement in supporting industrial automation, growing emphasis on regulatory compliances, increasing complexities in the supply chain, and surging demand for software systems that reduce time and cost. The smart manufacturing market has been segmented by information technology, enabling technology, industry, and region....... Read More
January 24, 2022

Evonik Industries (Germany) and SABIC (Saudi Arabia) are the Key Players in the Unidirectional Tapes (UD) Market

The global UD tapes market size is projected to grow from USD 194 million in 2021 to USD 332 million by 2026, at a CAGR of 11.4% during the forecast period. The growing demand for UD tapes from end-use industries, such as aerospace & defense, automotive, and sports & leisure, is driving the UD tapes market. This demand has encouraged many companies to adopt various developmental strategies in the UD tapes industry to increase their presence in the market. The growth strategies, such as new product launch and merger & acquisition, were adopted by the players to increase their foothold and maintain sustained growth in the UD tapes market....... Read More
January 24, 2022

AGC Inc. (Japan) and The Chemours Company (US) are Leading Players in the ETFE Market

The global Ethylene Tetrafluoroethylene (ETFE) market size is estimated to be USD 334 million in 2021 and is projected to reach USD 451 million by 2026, at a CAGR of 6.2% between 2021 and 2026. The North American region is the largest consumer of ETFE across the globe. The growth of the North America ETFE market can be attributed to the increasing use of ethylene tetrafluoroethylene in various new applications such as films & sheets, wire & cables, tubes, and coatings. Increasing usage of ETFE in solar panels, substitute for glass and other conventional materials, and growing demand in end-use industries are driving the demand for ETFE during the forecast period. However, ETFE is prone to puncture, transmit more sound than glass, and higher cost than other conventional material, which is hampering the market growth.

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January 24, 2022

Avalara (US) and Automatic Data Processing (US) are leading players in Tax Management Market

The global tax management market is expected to grow from USD 18.9 billion in 2021 to USD 32.5 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 11.5% during the forecast period. Factors driving the growth of the tax management market include the increasing volume of financial transactions across verticals due to digitalization , complex nature of existing tax system, and growing vigilance of tax administrators .

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January 24, 2022

Increasing demand for carbon fiber composites in bicycle frames, rackets, and golf sticks manufacturers to drive the growth of sports composites market globally

The sports composites market size is estimated to be USD 4.1 billion in 2021 and is projected to reach USD 5.1 billion by 2026, at a CAGR of 4.8% during the forecast period. The demand for carbon fibers is very high in carbon frames, golf sticks, and rackets manufacturing due to excellent performance properties such as high-strength, good grip, anti-corrosion properties, and lightweight.

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January 24, 2022

GlaxoSmithKline plc (UK) and Merck & Co., Inc. (US) are leading players in Vaccines Market

The global vaccines market (including COVID-19 vaccines) is projected to reach USD 149.2 billion by 2026 from USD 139.4 billion in 2021 during the forecast period. The global vaccines market (excluding COVID-19 vaccines) is projected to reach USD 67.2 billion by 2026 from USD 41.4 billion in 2021, at a CAGR of 10.2% from 2021 to 2026. Market growth is largely driven by the rise of emerging and re-emerging infectious diseases, increasing company initiatives to enhance vaccine R&D, growing government support for vaccine development, and the rising focus on immunization. However, the huge capital investments required for developing vaccines and low purchasing power in developing countries may restrain the market growth.

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January 20, 2022

Accumold LLC (US) and Paragon Medical (US) are leading players in Micro Injection Molded Plastic Market

The micro injection molded plastic market size is estimated to be USD 995 million in 2021 and is expected to reach USD 1,692 million by 2026, at a CAGR of 11.2% during the forecast period. Factors such as increasing demand in the automotive sector and rising demand from medical applications are the driving factors. The growing adoption of electric vehicles is a major growth opportunity for the market players. However, its high cost of machine maintenance restricts the growth of the micro injection molded plastic market.

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January 19, 2022

ESRI (US) and SAP (Germany) are Leading Players in the Field Activity Management Market

MarketsandMarkets forecasts the global Field activity management Market size to grow from USD 1.0 billion in 2021 to USD 2.2 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 16.4% during the forecast period. The presence of various key players in the ecosystem has led to competitive and diverse market. Field activity management is the practice of managing field activities, including physical assets, associated workforce, and equipment using software, workflows, and communication solutions. Field activity management solution consolidates and captures the data related to mapping and scheduling, location data, and time and expense tracking under one platform and helps in efficient utilization, visualization, tracking, and management of assets on the field.

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January 19, 2022

Hexagon AB (Sweden), Trimble Inc. (US) and Topcon Corporation (Japan) are the Top 3 Players in Total Station Market

The total station market is estimated to reach USD 2.2 billion by 2027, registering a CAGR of 6.1% from 2022 to 2027. In the construction industry, total stations find applications in site surveying, foundation laying, earthwork mapping, pipe laying, trenching for drainage, and engineering. The increasing globalization and urbanization and rising investments in infrastructure development are fueling the adoption of total stations for the abovementioned applications in the construction industry....... Read More
January 19, 2022

PPG Industries, Inc. (US) and PPG Industries (US) are the Key Players in the Paints & Coatings Market

The Paints & Coatings market is projected to grow from USD 184 Billion in 2021 to USD 212 Billion by 2026, at a CAGR of 2.9% between 2021 and 2026. Asia Pacific is the largest consumer of Paints & Coatings. The global Paints & Coatings market is driven by the increasing demand from the construction and automotive industries....... Read More
January 18, 2022

Alcatel-Lucent Enterprise (France) and Prysmian Group (Italy) are Leading Players in the Submarine Cable Systems Market

Submarine cable systems include submarine communication and power cables. Submarine power cables are medium- and high-voltage electric cables laid on the seabed for power transmission. These cables are usually insulated with cross-linked polyethylene (XLPE), low-pressure oil-filled impregnated papers, or resin-impregnated papers. These cables are used to connect offshore renewable energy devices, such as windmills, and to provide power to offshore oil & gas production facilities. Submarine communication or fiber-optic cables are laid on the seabed and are used to connect various regions and continents for communication purposes. These cables are used by telecom providers and private companies, such as Google, Facebook, and Microsoft, to provide services globally. The increasing volume of online content and the growing demand for higher internet speeds have led to a high demand for submarine communication cables. Around 97% of the world’s communication is dependent on subsea fiber-optic cables; only 3% is carried through satellites. The number of strands in a cable is dependent on the length –it could be 4 to 8 for a Transatlantic cable and 200 for a cable across Europe.

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January 18, 2022

Market Leader – GEA Group AG, Middleby Corporation and JBT Corporation are focusing on developing new products and Expanding their business to Strengthen their marke position

The food processing and handling equipment market is projected to grow from USD 130.6 billion in 2021 to USD 175.1 billion by 2026, recording a compound annual growth rate (CAGR) of 6.0% during the forecast period. The demand for food and beverage processing and handling equipment’s is increasing significantly, due to the increasing consumption of food and beverage products in developing countries such as China, India, South Africa, and Brazil.

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January 18, 2022

II-VI Incorporated (US) and Lumentum Holdings Inc. (US) are leading players in Fiber Optic Components Market

The global fiber optic components market is expected to grow from USD 24.5 billion in 2022 to USD 37.5 billion by 2027; it is expected to grow at a CAGR of 8.9% during 2022–2027. Key factors fueling this markets growth include increasing deployment of data centers; growing internet penetration and data traffic; and rising demand for bandwidth. Increase in adoption of fiber optic components in digital signage market; rise in demand for fiber optics due to reliability; and expansion of telecommunication infrastructure in developing economies create a strong demand for fiber optic components for efficient operations in the midst of COVID-19.

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January 18, 2022

Market Leaders - Self-driving Cars Market

The global self-driving cars market size is projected to grow from 20.3 million units in 2021 to 62.4 million units by 2030, at a CAGR of 13.3%. The key growth drivers of the market are the increasing stringency of vehicle safety regulations, upcoming safety mandates, development of ADAS technology, emergence of and increasing demand for a comfortable driving experience.

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January 17, 2022

Continental AG (Germany) and Robert Bosch GmbH (Germany) are the Key Players in the Automotive Cybersecurity Market

The global automotive cybersecurity market size is projected to grow from USD 2.0 billion in 2021 to USD 5.3 billion by 2026, at a CAGR of 21.3%. The key growth drivers of the market are the increasing sales of luxury vehicles, electric vehicles and connected vehicles, and the adoption of regulations related to automotive cybersecurity. Also the increasing usage of electronics per vehicle, growing cloud-based applications, rising penetration of V2X enabled services are also expected to fuel the demand for automotive cybersecurity solutions in the coming years globally....... Read More
January 17, 2022

New Product Launches, Joint Ventures, Investments & Contracts, Collaborations, and New Technology & New Process Developments, to Increase their Presence in the Consumer Foam Market

The Consumer foam market is projected to grow from USD 40.2 billion in 2021 to USD 50.9 billion by 2026, at a CAGR of 4.9% from 2021 to 2026. Increased use of consumer foam in automotive applications for crash pads, headrests and armrests, trim, seating, carpet back, sun visors, instrument panels, filters, and headliners, and also in sound insulation, vibration dampening, and energy management and the versatility and unique physical properties of consumer foam are driving factors for growth of consumer foam market...... Read More
January 17, 2022

Kahoot (Norway) and Frontier Developments (UK) are leading players Game-Based Learning Market

The game-based learning market size is expected to grow from USD 11.0 billion in 2021 to USD 29.7 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 21.9% during the forecast period. Game-based learning mechanics include interactive challenges, automated feedback, competition and socializing, and rewards redemption. Meetings and conferences can be painfully tedious and dull. Companies set up meetings, training, presentations on employee engagement, learning and development, talent acquisition, and consumer engagement. Some of the presentation games are Idea Box Game, The Talking Stick, Telephone Game, etc. Game-based courses also offer students the opportunity to learn critical soft skills, which can be difficult to develop in the context of any class. Problem-based learning has appeared in higher education. Many teachers in higher education are now highly experienced in the design and use of problems and are comfortable with many methodologies. Critical thinking skills, problem-solving abilities, and communication skills are the outcome of problem-based learning. The key aspect of game-based learning is that each student gets immediate feedback on their performance, with suggestions on how they might improve.

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January 17, 2022

AT&T Inc. (US) and Verizon Wireless (US) are leading players in Push to Talk Market

The global Push-to-Talk market size to grow from USD 29.2 billion in 2021 to USD 45.2 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 9.1 % during the forecast period. Various factors such as growing demand for PoC, proliferation of rugged and ultra-rugged smartphones, growing need for driver safety and transition of LMR systems from analog to digital are expected to drive the adoption of Push-to-Talk solutions and services.

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January 17, 2022

Market Leader - HVAC Filters Market

The global HVAC filters market is estimated to be USD 3.5 billion in 2021 and is projected to reach USD 4.5 billion by 2026, at a CAGR of 5.0% from 2021 to 2026. Thedriving factor for the HVAC filters market is increasing demand for HVAC systems, growing awareness about indoor air quality, and government regulations and policies for efficient filtration. Further, increasing investments in the construction sector and technological advancements in HVAC filters are expected to offer significant growth opportunities to manufacturers.

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January 17, 2022

Market Leadership - Ink Resins Market

The ink resins market is projected to grow from USD 3.3 billion in 2021 to USD 3.8 billion by 2026, at a CAGR of 3.4% between 2021 and 2026. Increasing environmental protection standards for the printing ink industry, growth of packaging and energy curable inks industries, increasing demand for UV-cured inks, and new resin technologies are the key factors contributing to the growth of the ink resins market. However, increasing demand for e-books, stringent environmental regulations against VOC, and price rise of ink resin feedstock hinder market growth. The major opportunities in the ink resins market are in emerging markets such as India, China, Brazil, and Mexico. The printing industry in Asia Pacific, South America, and the Middle East & Africa is expected to have a good growth rate during the forecast period. Simultaneously, increasing environmental protection standards are expected to have a positive demand due to their environmental benefits.

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January 14, 2022

Cerner Corporation (US), Epic Systems Corporation (US), Infor, Inc. (US), Koninklijke Philips NV (Netherlands), InterSystems Corporation (US) are the leading players in the Healthcare Interoperability Solutions Market

The global healthcare interoperability solutions market is projected to reach USD 5.7 billion by 2026 from USD 2.9 billion in 2021, at a CAGR of 13.9% during the forecast period. Growth in this market is driven by the growing need to curtail healthcare costs, government initiatives to enhance patient care & safety, government funding for healthcare interoperability, and the rapid adoption of EHR & other healthcare IT solutions. However, the lack of true interoperability solutions, lack of standards, and the use of outdated legacy systems are some factors restraining the growth of the healthcare interoperability solutions market to a certain extent during the forecast period.

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January 14, 2022

Thermo Fishers Scientific Inc. (US), Danaher (US) and Eppendorf AG (Germany) are Leading Players in the Laboratory Centrifuges Market

The laboratory centrifuges market is projected to reach USD 2.2 billion by 2026 from USD 1.8 billion in 2021, at a CAGR of 4.0% from 2021 to 2026. A centrifuge is used for spinning a liquid sample at high speeds to separate it into its components. Subjected to centrifugal force, the lighter components of the liquid sample move towards the axis while the denser components move away. Centrifuges are widely used in laboratories for research purposes in chemistry, biology, and biochemistry. Centrifuges are widely used in research that requires the separation of various components. While this equipment has a long lifespan, it requires proper maintenance and care by trained professionals. Various bodies govern the manufacturing of such equipment to ensure the safety and efficiency of the performance. They are widely used from academic to clinical research for the separation/purification of cells, subcellular organelles, viruses, proteins, and nucleic acids. Factors such as increasing R&D investments and research grants; rising technological advancements and innovative rotor designs; increasing prevalence of infectious diseases leading to a higher volume of sample testing & cell-based research in laboratory centrifuges; and widening applications of laboratory centrifuges are supporting the growth of this market. The Asia Pacific market is estimated to be the fastest-growing regional market, mainly due to the presence of emerging economies such as China and India and the increasing R&D investments by pharmaceutical & biotechnology companies in this region.

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January 14, 2022

CommScope (US) and Corning (US) are leading players in Distributed Antenna System (DAS) Market

The Distributed Antenna System (DAS) market is expected to grow from USD 8.7 billion in 2021 to USD 12.7 billion by 2027, at a CAGR of 6.5% during the forecast period. Growing mobile data traffic is expected to drive the DAS market. The rapid rise in data traffic over the years is due to the increasing demand for online multimedia services by the consumers along with a trend of shifting to cloud services. The rise in the number of subscribers of cellular networks has propelled the need for increasing macrocell deployments. It is becoming difficult for mobile service providers to offer seamless coverage via existing macrocell base stations.

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January 14, 2022

Epsilon (US) and Bond Brand Loyalty (Canada) are leading players in Loyalty Management Market

MarketsandMarkets forecasts the global loyalty management market size to grow from USD 8.6 billion in 2021 to USD 18.2 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 16.3% during 2021 –2026. The growing need to decrease customer churn rates and the rise in the adoption of omnichannel customer loyalty strategy are expected to drive the market.

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January 14, 2022

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