Market Leadership - Clinical Trial Imaging Market

The global clinical trial imaging market is projected to reach USD 1.4 billion by 2026 from USD 1.0 billion in 2021, at a CAGR of 7.6% during the forecast period. Growth in the clinical trial imaging market is mainly driven by factors such as the increase in R&D spending, growth in pharmaceutical and biotechnology industry, increasing number of CROs. However, high implementation cost of imaging system and high cost of clinical trials are the major factors hampering the growth of this market.

Deutsche Post DHL (Germany) and E.I Du Pont De Nemours and Co. (US) are the Leading Players in the Insulated Packaging Market

NVIDIA (US) and Intel (US) are among the major players in the Artificial Intelligence (AI) Robots Market

The AI Robots market is expected to grow from USD 6.9 billion in 2021 to USD 35.3 billion by 2026; it is expected to grow at a CAGR of 38.6 % during the forecast period. Military and defence, law enforcment, industrial, agriculture and education are the key applications that dominate the AI Robots market and also contribute significantly to its growth.

Market Leader - Defect Detection Market

The global defect detection market is estimated to grow from USD 3.5 billion in 2021 to USD 5.0 billion by 2026 at a CAGR of 7.5% during 2021–2026. The growth of the defect detection market is driven by factors such as strong focus of manufacturers on automating quality control and quality assurance processes; stringent health and safety measures imposed by governments and standards organizations on global manufacturing firms; and high demand for application-specific integrated circuits (ASICs). However, dearth of skilled professionals in manufacturing factories is restraining the growth of the market. Nevertheless, defect detection systems are likely to be adopted at a significant rate in various industries, garnering the interest of industry players across several verticals.

International Business Machines Corporation (US) and Oracle Corporation (US) are Leading Players in the Facility Management Market

The global facility management market size to grow from USD 42.2 billion in 2021 to USD 76.3 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 12.6 % during the forecast period. Various factors such as a surge in demand for cloud-based facility management solutions and rise in demand for facility management solutions integrated with intelligent software are expected to drive the adoption of facility management solutions and services.

Market Leader - Respiratory Care Devices Market

Royal Dutch Shell plc (Netherlands) and ExxonMobil Corporation (US) are leading players in Electric Vehicle Fluids Market

The Electric Vehicle Fluids market is projected to reach USD 8,644 million by 2030, at a CAGR of 31.2% from USD 749 million in 2021.

Terumo Corporation (Japan), Abbott (US) and Cardinal Health (US) are leading players in Vascular Closure Devices Market

The global vascular closure devices market is projected to reach USD 1.3 billion by 2026 from USD 0.9 billion in 2021, at a CAGR of 7.0% during the forecast period. The growth in this market can be attributed to a large number of approvals for vascular closure devices, high prevalence of cardiovascular diseases, increasing prevalence of obesity, increasing focus of market players on large-bore vascular closure devices, growing geriatric population, favorable reimbursement scenario for interventional radiology procedures, and rising focus on effective blood loss management in patients during surgeries. Emerging markets providing growth opportunities for market players and growth in the number of hospitals & surgical centers are expected to offer strong growth opportunities for players in the market. In contrast, the need for highly skilled professionals, risks associated with vascular closure devices and stringent regulatory framework may challenge market growth to a certain extent. The vascular closure devices market is segmented based on type, access, procedure, and region.

Market Leaders - Biostimulants Market

The market for biostimulants is estimated at USD 3.2 billion in 2021; it is projected to grow at a CAGR of 12.1% to reach USD 5.6 billion by 2026. The market for biostimulants is projected to grow in the coming years due to the increasing consumer awareness about the sustainable agricultural practices, and demand for residue free food. With the advancement in technologies, the increasing need for sustainable agriculture, and intense research on this market, formulations for blending multiple active ingredients have been developed by major players.

John Deere (US) and Trimble (US) are the Major Players in the Smart Agriculture Market

Parker-Hannifin Corporation (US) and Chevron Corporation (Switzerland) are leading players in Oil Condition Monitoring Market

The global oil condition monitoring market is expected to grow from USD 1.0 billion in 2021 to USD 1.4 billion by 2026; it is expected to grow at a CAGR of 6.1% during 2021–2026. Key factors fueling this markets growth include surging demand for cost-effective solutions for maintaining machinery health, increasing awareness regarding the importance of oil condition monitoring among industries, and growing focus on reducing maintenance costs. Growing demand for energy and increasing adoption of big data analytics and IIoT create a strong demand for oil condition monitoring for efficient industrial operations in the midst of COVID-19.

Market Leadership - Gesture Recognition and Touchless Sensing Market

The gesture recognition and touchless sensing market is projected to reach USD 37.6 billion by 2026 from USD 13.6 billion in 2021; it is expected to grow at a CAGR of 22.6% from 2021 to 2026. North America has the largest market share for gesture recognition and touchless sensing. Whereas, APAC has the highest growth rate and is expected to grow at the highest CAGR during the forecast period owing to the rapidly changing face of technology and customer needs in high-potential markets such as China, Japan, South Korea, and India. Due to advancements in technology and the emergence of new business models as well as new infrastructural developments in the developing cities of the region, the gesture recognition and touchless sensing market is exhibiting an upbeat outlook. The growing awareness of hygiene and advancement of security standards would further fuel the adoption of gesture recognition and touchless sensings in APAC. Furthermore, growth in end-use sectors and mounting investments from government bodies are also favoring the growth of the gesture recognition and touchless sensing market in the region. Growing trend of smart homes, as well as use of VR in video games, are some of the are the major opportunities for the gesture recognition and touchless sensing market. On the other hand, factors such as the high replacement cost of, and user resistance for new products and the recent trade wars between US and China are restraining the growth of the gesture recognition and touchless sensing market. Disruption in commercial trade due to Covid-19 and high initial cost as well as complex framework of product technologies are few challenges that the manufacturers are facing.

The key development strategies, namely, new product launch/development, expansion, partnership/agreement, and acquisition, are adopted by leading players for boosting the growth of the Tow Prepreg Market

Tow prepreg (also referred to as towpreg) is a form of prepreg made using continuous fibers such as carbon, glass, and others. It is generally used as a material for the filament winding process to produce composite structures. Moreover, these tow prepregs can be used in various industries, including automotive & transportation, aerospace & defense, oil & gas, industrial, and sports & recreational.

ALFA LAVAL (Sweden), SPX FLOW, Inc. (US), and GEA Group Aktiengesellschaft (Germany) are the Major Players in the Hygienic Pumps and Valves Market

IBM (US) and Verizon Communications Inc. (US) are leading players in Managed Security Services (MSS) Market

The global MSS market size is projected to grow from USD 22.8 billion in 2021 to USD 43.7 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 13.9% during the forecast period. The major factors that are expected to drive the growth of the MSS market include the stringent government regulations, surge in trends such as BYOD, CYOD, and WFH, the rising security breaches and sophisticated cyberattacks across enterprises, and the cost-effectiveness in implementing MSS.