| Title | Date |
|---|---|
Market Leader - Access Control MarketAn access control system provides secure access to physical resources by validating user credentials. Access control includes credentials such as proximity cards, smart cards, fingerprint readers, iris scanners, face recognition readers, hand geometry readers, electronic locks, control panels or controllers, and security management software. ...... Read More |
February 22, 2019 |
Sensient Cosmetic Technologies (France) and Clariant (Switzerland) are the Key Players in the Cosmetic Dyes MarketThe market size of cosmetic dyes is estimated to be USD 280 million in 2018 and is projected to reach USD 366 million by 2023, at a CAGR of 5.5%, from 2018 to 2023....... Read More |
February 21, 2019 |
Market Leadership - Precision Harvesting MarketThe precision harvesting market was worth USD 10.4 billion in 2018 and is projected to reach USD 17.5 billion by 2023, at a CAGR of 10.94% from 2018 to 2023. The major drivers for the precision harvesting market are increasing farm mechanization in developing countries in Asia Pacific and Africa, increasing adoption of harvesting robots and autonomous combine harvesters, and increasing labor cost owing to shortage of skilled labor. Precision harvesting has the potential to transform the agriculture sector, making traditional harvesting activities more efficient and economical. The increasing global food demand, extended profitability and crop yield, and minimum wastage of crops during harvesting are the other factors fueling the market’s growth. Also, government initiatives in many countries are helping farmers adopt advanced agricultural and technological tools to improve yield. ...... Read More |
February 21, 2019 |
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 MarketThe 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. ...... Read More |
February 21, 2019 |
Market Leader - Food Processing Seals MarketThe food processing seals market size is projected to grow from USD 2.7 billion in 2018 to USD 3.2 billion by 2023, at a compound annual growth rate (CAGR) of 3.3%, during the forecast period. The major driving factors in the food processing seals market are the presence of stringent regulations regarding the use of food grade seals and increasing demand for processed food products. ...... Read More |
February 21, 2019 |
Mentor Graphics (US) and Green Hills Software (US) are the Leading Players in the Automotive Hypervisor MarketThe global automotive hypervisor market is projected to grow at a CAGR of 34.90% during the forecast period to reach USD 772 million by 2025 from an estimated USD 95 million in 2018. The base year for the report is 2017, and the forecast period is from 2018 to 2025....... Read More |
February 20, 2019 |
3M (US) and Omega Engineering (US) are leading players in Temperature Monitoring Systems MarketThe 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. ...... Read More |
February 19, 2019 |
Market Players have Adopted Mainly Product Launches to Achieve Growth in the Global Cell Isolation MarketThe cell isolation market size is expected to reach USD 13.0 billion by 2024 from USD 5.9 billion in 2019, at a CAGR of 17.2%. The growth in this market is attributed to the increasing number of patients suffering from cancer and infectious diseases, growing government funding for cell-based research, and technological advancements. On the other hand, ethical issues related to embryonic stem cell isolation and the high cost of cell-based research are expected to limit market growth to a certain extent in the coming years....... Read More |
February 19, 2019 |
Chemours Company (US) and Honeywell International Inc. (US) are the Leading Players in the Refrigerants MarketThe refrigerants market size is estimated to be USD 22.9 billion in 2018 and is expected to reach USD 31.0 billion by 2023, at a CAGR of 6.2% during the forecast period. Factors such as increasing demand for consumer appliances and growing cold chain market are expected to drive the refrigerants market. The major restraint for the market will be the regulations imposed against usage of fluorocarbons such as HCFCs and HFCs in North America and Europe. However, the increasing demand for natural refrigerants will act as an opportunity for the market....... Read More |
February 19, 2019 |
Schneider (France), Rockwell (US), and Yokogawa (Japan) are the leading players in the Industrial Safety MarketIndustrial safety covers the implementation of safety instrumented systems to mitigate risks associated with a process in which components such as sensors, logic controls, and acting elements are used. Implementing industrial safety ensures that safety critical control and protective systems are appropriately specified, designed, installed, and maintained. Safety devices such as sensors, programmable safety systems, and final elements are an integral part of safety instrumented systems and industrial control systems. The adoption of standards like IEC 61508 and IEC 61511 has increased the dependency on industrial safety systems to achieve required risk reduction targets. IEC 61508 and IEC 61511 are performance-based standards that promote the concept of functional safety lifecycle. The growth of the market is attributed to mandates for safety regulations, rising demand for safety systems in the oil & gas industry, rising need for reliable safety systems for personnel and asset protection, industrial revolution 4.0, and growing automation in hazardous industrial areas. The industrial safety market is expected to reach USD 5.4 billion by 2024 from USD 3.3 billion in 2019, at a CAGR of 8.6% during the forecast period. Schneider (France), Rockwell (US), and Yokogawa (Japan) are the leading players in the industrial safety market. ...... Read More |
February 18, 2019 |
Key Revenue Pockets - EMI Shielding MarketEMI 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. ...... Read More |
February 18, 2019 |
Orion Engineered Carbons (Luxembourg) and Cabot Corporation (US) are the Key Players in the Battery Additives MarketThe growth of the automotive and consumer electronics industries in developing countries and increasing investments in renewable energy are expected to drive the demand for battery additives during the forecast period. The key players in the battery additives market include Cabot Corporation (US), 3M (US), IMERYS (France), Orion Engineered Carbons (Luxembourg), Hammond Group (US), SGL Carbon (Germany), Borregaard (Norway), HOPAX (Taiwan), PENOX (Germany), and ALTANA (Germany). The battery additives market report analyzes the key growth strategies, such as expansion, new product launch, and acquisition, adopted by the leading market players between 2015 and 2019....... Read More |
February 18, 2019 |
Market Leader - Motor Lamination MarketThe stringent emission regulations to be implemented in North America, Europe, and Asia Oceania along with an increasing focus on safety and comfort are expected to increase the demand for motors. Due to the requirement of fuel efficiency, the OEMs are reducing mechanical linkages and are shifting to the usage of mechatronics. Additionally, there has been an increase in the demand for comfort and safety features by the consumers, hence, the requirements for motors as per the applications are increasing impacting the motor lamination market. All these factors together are projected to drive the demand for motor lamination in the coming years. The motor lamination market is projected to grow at a CAGR of 5.76% from 2018 to 2025. From a market size of USD 12.6 billion in 2018, it is projected to reach USD 18.6 billion by 2025....... Read More |
February 15, 2019 |
Market Leaders - 5G Fixed Wireless Access (FWA) MarketThe 5G fixed wireless market is expected to grow from USD 396 million in 2019 to reach USD 46,366 million by 2026, at a CAGR of 97.47%. Major factors driving the growth of the 5G fixed wireless market are growing demand for high-speed internet connectivity and broad network coverage with reduced latency and power consumption, increasing adoption of advanced technologies such as machine-to-machine (M2M)/Internet of Things (IoT) and millimeter-wave in 5G FWA. However, delay in making decisions related to the standardization of spectrum allocation, high infrastructure costs, adverse impact on the environment are expected to limit the growth of this market. ...... Read More |
February 14, 2019 |
3M Company (US) and Intertape Polymer Group (Canada) are leading players in Sealing & Strapping Packaging Tapes MarketThe 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%. ...... Read More |
February 13, 2019 |
Becton, Dickinson and Company (US), Equashield LLC. (US), and ICU Medical, Inc. (US) Are the Leading Players in the Closed System Transfer Devices MarketThe closed system transfer devices market is projected to reach USD 982 million by 2024 from USD 390 million in 2019, at a CAGR of 20.3%. Growth in the closed system transfer devices market is mainly driven by factors such as the rising incidence of cancer, increasing number of oncology drug approvals, increasing use of closed system transfer devices to combat the harmful effects of cytotoxic or antineoplastic drugs, and improving regulatory guidelines regarding the safe handling and use of hazardous drugs. However, the high cost of implementation of CSTDs and lack of reimbursement as well as lack of compliance with regulatory guidelines in developing countries are expected to restrain the growth of this market during the forecast period. ...... Read More |
February 13, 2019 |
Market Leaders - Automotive Logistics MarketThe 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. ...... Read More |
February 13, 2019 |
Compagnie de Saint-Gobain S.A. (France) and Arconic (US) are leading players in Cladding Systems MarketThe cladding systems market is projected to grow from USD 555.9 billion in 2018 to USD 714.7 billion by 2023, at a compound annual growth rate (CAGR) of 5.16% from 2018 to 2023. Demand for cladding systems can be attributed to the high growth of the construction industry across the globe. Factors such as increasing residential and non-residential construction and infrastructural activities, along with their high durability, drive the demand for cladding systems. ...... Read More |
February 12, 2019 |
Technological growth of Wireless Network Test Equipment MarketThe 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. ...... Read More |
February 12, 2019 |
Market Leaders - Automotive Camera MarketThe automotive camera market is projected to grow from USD 7.5 billion in 2018 to USD 15.1 billion by 2025, at a CAGR of 10.62% during the forecast period. Government initiatives related to vehicle safety features are expected to drive the growth of the automotive camera market. ...... Read More |
February 12, 2019 |
Keka (Hyderabad) and ZingHR (Mumbai) are leading players in India HCM MarketHuman 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. ...... Read More |
February 12, 2019 |
Market Leader - Stringent Food & Feed Safety Regulations are Driving the Market for Mycotoxin TestingThe global mycotoxin testing market is estimated to be valued at USD 858 million in 2018 and is projected to reach USD 1,157 million by 2023, at a CAGR of 6.1%. Increase in instances of foodborne illnesses due to mycotoxin contamination, growth in demand for compliance with international trade mandates, and change in atmospheric conditions are some factors that are driving the market. The key players profiled in the mycotoxin testing market include SGS (Switzerland), Bureau Veritas (France), Eurofins (Luxembourg), Intertek (UK), Mérieux NutriSciences (US), ALS Limited (Australia), Neogen (US), Romer Labs (US), Symbio Laboratories (Australia), OMIC USA (US), AsureQuality (New Zealand), and Microbac (US). ...... Read More |
February 12, 2019 |
ALTANA AG (Germany) and Evonik Industries (Germany) are the Key Players in the Ink Additives MarketThe global ink additives market is estimated to grow from USD 1.5 billion in 2018 to USD 2.0 billion by 2023, at a CAGR of 5.2%. The increasing usage of printing inks in packaging used across the food & beverages, personal care, and cosmetics industries is expected to drive the overall ink additives market over the next five years. Growing e-commerce and preference for small and efficient packaging are expected to benefit the demand for flexible packaging and corrugated boxes, thereby increasing the demand for ink additives from these segments....... Read More |
February 11, 2019 |
Cargill (US) and DowDuPont (US) are the Major Players in the Feed Additives MarketThe global feed additives market size is projected to grow from USD 33.0 billion in 2018 to USD 44.3 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 6.1% during the forecast period. Increasing consumption of livestock-based products, rising awareness about the importance of feed quality, and standardization of meat products owing to disease outbreaks are the major drivers for the growth of feed additives....... Read More |
February 11, 2019 |
Market Leader - Catalyst Fertilizers MarketThe benefits associated with catalysts are the major factors contributing to the growth of this market, globally. The steadily increasing production rate of nitrogenous and phosphate fertilizers in Asia, coupled with the increasing exports of these fertilizers from China and India are the major drivers for this market. Also, according to FAOSTAT, the CO2 and N2O emissions from ammonia production are projected to grow at a rate of 0.09% from 2012 to 2015. On account of these emissions, catalysts from DuPont (US) and Clariant International (Switzerland) are used as emission control catalysts. Moreover, since ammonia fertilizers based on natural gas as a raw material source are comparatively cheap than naphtha-based fertilizers, governments such as in India were able to reduce the subsidy burden due to the high production costs of naphtha-based fertilizer manufacturing....... Read More |
February 11, 2019 |
Players adopted various growth strategies, such as partnerships, agreements, and collaborations, and new product launches, to further expand their presence in the global Digital Workplace MarketThe digital workplace market size is expected to grow from USD 13.4 billion in 2018 to USD 35.7 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 21.7% during the forecast period. The major factors driving the growth of digital workplace market are the availability of new technologies and tools, employees’ demand for greater flexibility in terms of work-life balance, and reduction in operational expenditures. ...... Read More |
February 11, 2019 |
Adobe (US) and Sprinklr (US) are leading players in Social Media Management MarketThe 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. ...... Read More |
February 11, 2019 |
New product launches, partnerships, and agreements have been the most favored strategies adopted by major players from 2016 to 2018 in LTE IoT MarketThe global Long-Term Evolution (LTE) Internet of Things (IoT) market size is expected to grow from USD 800 million in 2018 to USD 2800 million by 2023, at a Compound Annual Growth Rate (CAGR) of 28.4% during the forecast period. The growth of connected devices and the need for unique and defined network qualities are the major growth factors for the LTE IoT market. ...... Read More |
February 11, 2019 |
Key players adopted various strategies to grow in the global Smart City Platforms MarketA 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. ...... Read More |
February 11, 2019 |
Microsoft (US) and Mendix (US) are leading players in Rapid Application Development MarketMarketsandMarkets estimates the global Rapid Application Development (RAD) market to grow from USD 7.8 billion in 2018 to USD 46.2 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 42.9% during the forecast period. The key factors driving the rapid application development market includes increasing need for rapid customization and scalability along with increasing business mobility driving adoption of business smartphones. ...... Read More |
February 11, 2019 |
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