Shin-Etsu Chemicals (Japan) and Dow (US) are Leading Players in the Conformal Coating Market

The Conformal coatings market is estimated to be USD 977 million in 2020 and is expected to reach USD 1,265 million by 2025 at CAGR of 5.3%. Conformal coatings are a type of protective coatings of 25-75µm thickness which are applied to printed circuit boards (PCBs) and other electronic components to protect them from harsh environments such as dust, solvents, moisture, humidity, and high temperature. Conformal coatings increase the operational performance of PCBs assemblies by maintaining long-term surface insulation.

Siemens (Germany) and AT&T (US) are Leading Players in the Remote Asset Management Market

The remote asset management market size is projected to grow from USD 16.5 billion in 2020 to USD 32.6 billion in 2025, at a Compound Annual Growth Rate (CAGR) of 14.6% during the forecast period. The major factors driving the growth of the remote asset management market include the surge in the adoption of IoT-enabled remote asset management solutions to manage assets efficiency, decreasing cost of IoT-based sensors optimize asset life cycle through remote asset management solutions, and use of predictive maintenance to boost the adoption of remote asset management, thereby reducing operational costs of remote assets.

Market Leaders - Semi-Autonomous & Autonomous Bus Market

The global semi-autonomous bus market size is projected to reach 71,682 units by 2025, from an estimated 23,613 units in 2020, at a CAGR of 24.9%. The base year for the report is 2019, and the forecast period is from 2020 to 2025. The semi-autonomous bus sector has witnessed rapid evolution with governments across the world regulating advanced safety features such as AEB and BSD, and OEMs offering buses with modern driver-assist features, especially in North America and Europe.

Market Leadership - Valve Controller Market

The valve controller market is projected to reach USD 2.2 billion by 2025 from USD 1.8 billion in 2020. It is expected to register a CAGR of 3.7% during the forecast period. The rising importance of monitoring and controlling in the process industries for improved efficiency, increasing demand for fuel and power, growing need for a connected network to maintain and monitor various equipment in plants, and surging focus on establishing new nuclear plants and upscaling of the existing ones are the key driving factors for the valve controller market. The introduction of IIoT & industry 4.0, need for valve replacement, and the adoption of smart valves to offer improved customer service are among the other factors fueling the valve controller market.

Orthopedic devices, endoscopy devices, and diagnostic imaging are the top three categories of medical device types in the European Medical Devices Market

The European medical devices market is projected to reach USD 61.4 billion by 2025 from an estimated USD 48.9 billion in 2020, at a CAGR of 4.7% during the forecast period. Factors such as the rising geriatric population, large and established medical technology industry, increasing number of surgical procedures, growing need for cost-containment in the healthcare industry, and the availability of funding for research and product innovation are driving the growth of this market.

Market Leaders - Millimeter Wave Technology Market

The global millimeter wave technology market size is estimated to grow from USD 1.0 billion in 2020 to USD 3.4 billion by 2025, at a CAGR of 26.4%. Increase in broadband and mobile speeds with growing utility and demand, rise in usage of millimeter wave in small-cell backhaul networks, and substantial demand in the use of millimeter wave technology in security and radar applications.

Cisco (US) and Orange Business Services (France) are leading players in Managed Network Services Market

MarketsandMarkets expects the global managed network services market size to grow from USD 52.7 billion in 2020 to USD 71.6 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 6.3% during the forecast period. Managed network services offer a systematic approach to manage an organizations network and security needs. These services enable effective monitoring and reduce support time, enabling enterprises to prevent network downtime and hiccups. The key managed network services types include managed Local Area Network (LAN), managed Wireless Fidelity (Wi-Fi), managed Virtual Private Network (VPN), managed Wide Area Network (WAN), network monitoring, and managed network security.

New Product Development, Expansion, Collaborations, Partnerships, and Mergers & Acquisitions to Gain Traction in the Automotive Software Market

Amcor PLC (Australia) and Sonoco Products Company (US) are the Key Players in the Sustainable Plastic Packaging Market

Cardinal Health is one of the major players operating in the Centesis Catheters Market

The global centesis catheters market is projected to reach USD 633 million by 2025 from USD 426 million in 2019, at a CAGR of 6.8%. Growth in the global centesis catheters market can be attributed to factors such as the rising target patient population (particularly patients suffering from cancer, TB, and cardiovascular diseases), growing preference for image-guided centesis procedures, and the increasing evidence for the efficacy of centesis procedures for target diseases. However, premium product pricing and complexities associated with centesis procedures are some of the major factors that are expected to restrain the growth of this market in the coming years.

Market Leadership – Grow Light Market

The grow lights market is projected to reach USD 2.5 billion in 2025 from USD 1.0 billion in 2020, at a CAGR of 19.9%. Major drivers for the grow lights market’s growth are the increasing adoption of indoor farming in urban areas; ongoing government initiatives to support energy-efficient lighting; the growing need for long-lasting,  energy-efficient, and economical grow lights; the emerging trend of farm-to-table concept. Further, the rise of vertical farms, technological advancements in LED grow lights, the legalization of cannabis in different countries including the US, and the emergence of horticulture lighting software and calculator will create opportunities for the grow lights market. The major restraint for the market is the high setup and installation costs. The lack of standard testing practices for assessing product quality of grow lights and their fixtures poses a major challenge to this market.

Coloplast A/S (Denmark) and Hollister Incorporated (US) are Leading Players in the Stoma/Ostomy Care Market

The global ostomy care market is projected to reach USD 3.5 billion by 2025 from USD 2.8 billion in 2020, at a CAGR of 4.4% during the forecast period. The increasing target patient population, rising geriatric population, a growing number of awareness programs to educate patients regarding the use of ostomy products, and the favorable reimbursement system in developed countries are the major factors driving the growth of this market. However, discomfort and other issues associated with the use of ostomy bags and the growing adoption of alternative treatments are the key factors limiting the growth of this market.

DRE Veterinary (US) and Smiths Group plc (UK) are the Leading Players in the Veterinary Monitoring Equipment Market

The veterinary monitoring equipment market is projected to reach USD 570 million by 2025 from USD 326 million in 2019, at a CAGR of 9.8%. The growth of this market is primarily attributed to factors such as the increasing awareness regarding animal health, increasing focus on animal health among pet owners, growing prevalence of diseases among companion animals, growing companion animal population, rising demand for pet insurance, growing animal health expenditure, and the rising number of veterinary practitioners & income levels in developed economies. The need for continuous pet health evaluation & diagnosis and wearable monitoring devices are gaining recognition as opportunity areas in the market.

Honeywell Analytics (US) and Honeywell Analytics (US) are Leading Players in the COVID-19 Impact on Gas Sensors Market

The global gas sensors market size during this pandemic is projected to decline from USD 1,025 million in 2020 to USD 1,016 million by 2021, at a Compound Annual Growth Rate (CAGR) of -0.9% during the forecast period. The major factors governing the gas sensors market include the growing demand from OEMs and medical device/equipment manufacturers for the production of critical care systems such as ventilators, respirators, and restricted requirement from automotive, oil & gas and chemicals, and other sectors.

Arcelor Mittal (Germany) and Gerdau S.A. (Brazil) are the Leading Players in the in the Long Steel Market