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Key Revenue Pockets - Lithium Ion Battery Market

Lithium ion battery is a rechargeable battery that has lithium along with various other materials. It is made up of 3 major components: cathode, anode, and electrolyte. The main characteristic of a lithium ion battery is that lithium ions flow from negative electrode to positive during discharge and reverse while charging. Li-Ion batteries are mainly used for applications in automotive and consumer electronics such as smartphones, laptops, tablets, wearable devices, and other home applications. There are many types of lithium ion batteries depending on the materials that are combined with lithium, such as cobalt, nickel, manganese, titanium, and iron. The growth of the lithium ion battery market is driven by increase in demand for plug-in vehicles, growing need for automation and battery-operated material-handling equipment in industries, growing demand for smart devices and other industrial goods, and high requirement of lithium-ion batteries for various industrial applications. However, factors such as safety issues related to storage and transportation of spent batteries hinder the market growth. The lithium ion battery market is estimated to grow from USD 37.4 billion in 2018 to USD 92.2 billion by 2024, at a CAGR of 16.2% between 2018 and 2024.

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January 24, 2019

New Product Launches & Developments was the Most Preferred Development Strategy Adopted by Companies to Strengthen their Presence in the Low GWP Refrigerants Market

The low GWP refrigerants market size is expected to grow from USD 16.5 billion in 2018 to USD 28.7 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 11.7% during the forecast period. The major factors driving the low GWP refrigerants market are the low environmental impact of low GWP refrigerants, phasing out of CFC, HCFC, and HFC refrigerants, and the increasing demand for refrigerants and air conditioners across the globe....... Read More
January 24, 2019

Medtronic plc (Ireland) and Roche Diagnostics (Switzerland) Are the Leading Players in the Digital Diabetes Management Market

The global digital diabetes management market is projected to reach USD 19.9 billion by 2024 from USD 6.8 billion in 2019, at a CAGR of 23.8%. Factors such as the rising prevalence of diabetes, technological advancements, increasing adoption of cloud-based enterprise solutions, and the growing use of connected devices and apps are driving the growth of this market. However, high device costs and lack of reimbursement in developing countries and the higher acceptance of traditional diabetes management devices are expected to restrain the growth of this market during the forecast period.

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January 24, 2019

Mettler Toledo (Switzerland) and Precia Molen (France) are the Leading Players in the Load Monitoring System Market.

A load monitoring system is a combination of load cells, load indicators and controllers, and data logging software that helps monitoring strain or compression in various industries such as marine, construction, automotive, food & beverages, healthcare, aerospace, and agriculture. The types of load cells used for load monitoring includes single beam, S-type, dual shear, bending beam, compression, load link, load pin, and load shackle. Load monitoring system uses either analog or digital technology. The growth of the market is mainly attributed to the growing demand for load cells in the healthcare industry, increasing use of load monitoring system for testing and monitoring aircraft parts and reduce instrumental errors, and rising demand for remote load monitoring. The load monitoring system market is expected to reach USD 3.33 billion by 2024 from USD 2.63 billion by 2018, at a CAGR of 4.0% during 2018–2024. Spectris (UK), Mettler Toledo (Switzerland), and Precia Molen (France) are the leading players in the load monitoring system market....... Read More
January 24, 2019

Robert Bosch GmbH (Germany) and Rockwell Automation Inc. (US) are the Major Players in the Linear Motion System Market

The linear motion system market is expected to reach USD 17.0 billion by 2024 from USD 12.1 billion by 2018, at a CAGR of 5.9%. Major factors driving the market growth are increasing need for quality inspection and automation, reduced time-to-market, and growing demand for the miniaturization of electronic devices in the semiconductor industry....... Read More
January 24, 2019

Market Leader - Smart Pneumatics Market

Pneumatics is a well-established technology that is preferred for a wide variety of applications owing to its inherent simplicity, reliability, and safety. With the increasing popularity of Industry 4.0, pneumatic systems manufacturers are leveraging IoT to build smart systems. Smart pneumatics can be defined as any pneumatic equipment that incorporates sensors and communications technology to provide operational feedback to controller units. The global smart pneumatics market was valued at USD 3.3 billion in 2018 and is projected to reach USD 4.6 billion by 2023, at a CAGR of 6.7% from 2018 to 2023. Factors such as growing awareness toward predictive maintenance, penetration of digitization and IIoT, and need for wireless infrastructure to maintain/monitor equipment in plants are driving the growth of the smart pneumatics market....... Read More
January 23, 2019

AkzoNobel (Netherlands) and PPG Industries (US) are the Leading Players in the Insulation Coating Market

The market size for insulation coating materials is projected to grow from USD 8.7 billion in 2018 to USD 12.5 billion by 2023, at a CAGR of 7.5% during the forecast period. The major driving factor for the insulation coating materials market is the need for energy saving; the ability to prevent corrosion and increasingly stringent policies at the workplace are also driving the insulation coating market....... Read More
January 23, 2019

New product launches and expansions were the most preferred development strategies followed by companies to strengthen their presence in the Sensor Bearing Market

The sensor bearing market size is expected to grow from USD 5.1 billion in 2018 to USD 6.5 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period. The major factors driving the sensor bearing market are the increasing demand for sensor bearings from end-use industries, such as automotive and transportation, and the enforcement of stringent regulations related to the mandatory installation of ABS systems in cars in various Asia Pacific and European countries.

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January 22, 2019

Sensors Unlimited (US) and FLIR Systems (US) are the Major Players in the Shortwave Infrared (SWIR) Market

The shortwave infrared (SWIR) spectrum typically ranges from wavelengths of 1 to 3 ìm. For imaging in this range, SWIR cameras are required that can convert the radiations of objects in the SWIR range to a measurable form. The SWIR market is expected to be valued at USD 147 million in 2018 and is likely to reach USD 258 million by 2024, at a CAGR of 9.87% during the forecast period. The high demand for SWIR cameras from the military and defense sector is among the major factors driving the SWIR market. Military & defense is among the first few verticals that witnessed the usage of SWIR cameras. The ability of SWIR cameras to see through harsh environments, such as fog, smoke, haze, and water vapor, has resulted in the high usage of SWIR cameras for a number of applications, such as marine intelligence, surveillance, and vision enhancement, in the military & defense vertical....... Read More
January 18, 2019

Hologic, Inc. (US) and GE Healthcare (US) are the Leading Players in the Breast Imaging Market

The global breast imaging market is projected to reach USD 4.6 billion by 2023 from USD 3.1 billion in 2018, at a CAGR of 8.0%. Growth in the breast imaging market can be attributed to factors such as the growing global prevalence of breast cancer, technological advancements, emerging markets, and growing government & private investments to improve breast cancer care. On the other hand, high costs of breast imaging systems and an unfavorable reimbursement scenario are expected to limit market growth to a certain extent. Errors in breast cancer screening and diagnosis and the side-effects of radiation exposure may also pose challenges to market growth in the coming years....... Read More
January 18, 2019

Market Leader - Industrial Controls and Factory Automation Market

The industry control and factory automation market is expected to grow from USD 160.0 billion in 2018 to USD 269.5 billion by 2024, at a CAGR of 9.08%. Industry control and factory automation is the control of industrial processes and machinery that are used in process and discrete industries by autonomous systems with the help of different technologies. Factors driving the market for industrial control and factory automation are the increasing use of enabling technologies in manufacturing, rising adoption of industrial robots in manufacturing sector, connected supply chain along with mass production to cater rising population, and government initiatives toward the adoption of industrial automation in various industries....... Read More
January 16, 2019

New Product Launches, to Further Expand their Presence in the Global Automotive Test Equipment Market

The automotive test equipment market is projected to grow at a CAGR of 3.95% during the forecast period to reach USD 2.9 billion by 2025 from an estimated USD 2.2 billion in 2018. The base year for the report is 2017, and the forecast period is from 2018 to 2025. The growth of the automotive test equipment market is influenced by factors such as the rise in stringent emission norms to prevent environment impact, increasing electronic architecture in modern vehicles, and technological advancements in automotive test equipment. Additionally, increasing electric vehicle production and autonomous vehicle testing will drive the testing market for advanced technology such as ECU testing, data logger system, ADAS testing, and simulation testing....... Read More
January 16, 2019

Sony (Japan) and Samsung Electronics (South Korea) are the Key Players in the Virtual Reality Market

The virtual reality (VR) market is expected to grow from USD 7.9 billion in 2018 to USD 44.7 billion by 2024, at a CAGR of 33.47% during the forecast period. The penetration of HMDs in the gaming and entertainment sector, huge investments in the VR market, advancement of technology and growing digitization, and availability of affordable VR devices are the major factors fueling the growth of the overall market....... Read More
January 16, 2019

Market Leadership - Display Driver Market

The display driver market is estimated to grow from USD 7.1 billion in 2018 to USD 9.1 billion by 2023, at a CAGR of 5.1% between 2018 and 2023. The market is growing due to the increasing demand for OLED and flexible displays, adoption of highly priced and advanced display drivers, and growth in automotive display market. Growth in the use of 4K and 8K televisions and availability of UHD content; and evolving role of DDICs in individual components and single integration chips also drive the growth of the market for display driver ICs.

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January 15, 2019

New Product Launches, to Further Expand their Presence in the Global Automotive Wheels Aftermarket

The automotive wheels aftermarket is projected to grow at a CAGR of 3.53% during the forecast period to reach USD 4.5 billion by 2025 from an estimated USD 3.5 billion in 2018. The base year for the report is 2017, and the forecast period is from 2018 to 2025. The growth of the automotive wheels aftermarket is influenced by factors such as accident rates, changing consumer preferences for stylish wheels, and the growing number of automobile enthusiasts in Europe and North America. Additionally, increased demand for lightweight materials will boost the automotive wheels aftermarket....... Read More
January 15, 2019

Infor, Inc. (US) and Cerner Corporation (US) are the leading players in the data integration solutions segment of the Clinical Workflow Solutions Market

The global clinical workflow solutions market is projected to reach USD 12.1 billion by 2023 from USD 6.8 billion in 2018, at a CAGR of 12.4%. Rising need to curtail healthcare costs and the increasing patient volume due to the rising prevalence of chronic diseases are the primary growth drivers for this market. Low doctor-to-patient ratio leading to increased dependency on healthcare IT solutions and the emerging markets are expected to offer significant growth opportunities for players in this market. However, Lack of trained healthcare IT professionals and reluctance to use clinical workflow solutions over conventional practices are some of the major market challenges. Also the global nurse call alert systems segment of the clinical workflow solutions market is majorly dominated by Hill-Rom Holdings, Inc. (US) and Ascom Wireless Solutions (Switzerland).

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January 15, 2019

Capnography monitoring devices to witness high adoption due to the growing number of US Outpatient Surgical Procedures

The number of outpatient surgical procedures in the US is expected to grow from ~129 million procedures in 2018 to ~144 million procedures by 2023, at a CAGR of 2.1% during the forecast period. The growing number of outpatient surgeries is expected to increase the adoption of capnography monitoring devices in outpatient surgical departments in the US. The demand for capnography monitoring devices in outpatient surgical procedures is further supported by the increasing prevalence of target diseases (diabetes, CVDs, respiratory diseases, and sleep apnea) and the growing number of outpatient surgical procedures requiring general anesthesia and medium & high sedation.

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January 15, 2019

Market Leaders - Artificial Intelligence in Manufacturing Market

AI enables a computer to perform intelligent operations. These operations are akin to learning and decision-making capabilities in humans. The AI in manufacturing market is estimated to be valued at USD 1.0 billion in 2018 and is expected to reach USD 17.2 billion by 2025, at a CAGR of 49.5% from 2018 to 2025. Increasingly large and complex data set available in the form of big data and evolution of industrial IoT and automation are the key drivers of this market. The adoption of AI-based tools for improving operational efficiency and develop intelligent business solutions possess a huge growth opportunity for companies involved in this market.

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January 15, 2019

Players adopted various growth strategies, such as partnerships, agreements, and collaborations; and new product launches, to further expand their presence in the global Quantum Cryptography Market

The global quantum cryptography market size is expected to grow from USD 101 million in 2018 to USD 506 million by 2023, at a Compound Annual Growth Rate (CAGR) of 37.9% during the forecast period. Factors such as the growing incidents of cyber-attacks in the era of digitalization, increasing cybersecurity funding, rising demand of next-generation security solutions for cloud and IoT technologies, and evolving next-generation wireless network technologies are expected to drive the growth of the global quantum cryptography market.

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January 14, 2019

Arcelor Mittal (Luxembourg) and Bekaert (Belgium) are the Prominent Players in the Steel Fiber Market

The steel fiber market is valued at USD 2.0 billion in 2018 and is expected to reach USD 2.5 billion by 2023, at a CAGR of 5.0% between 2018 and 2023. The major factor driving the market is the increasing use of steel fiber in concrete reinforcement applications....... Read More
January 14, 2019

Key players adopted growth strengthen their product portfolios and maintain a competitive position in the Back-end Revenue Cycle Management Market

The back-end revenue cycle management market is projected to reach USD 10.4 billion by 2023 from USD 8.1 billion in 2018, at a CAGR of 5.0%. Factors such as the growing importance of denials management, increasing patient volume, process improvements in healthcare organizations, and declining reimbursement rates are driving the growth of the back-end revenue cycle management market. Also, growth opportunities in emerging markets, cloud-based solutions, artificial intelligence in health insurance, and rising adoptions of EHR’s may act as an important boosting factor for the exponential growth of back-end revenue cycle management market. On the other hand, the high cost of deployment, integration of back-end revenue cycle management solutions, data breaches and loss of confidentiality, and lack of skilled IT professionals in healthcare are the key factors that are expected to restrain market growth to a certain extent during the forecast year.

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January 14, 2019

CyberArk (US) are Oracle (US) are leading players in Digital Vault Market

The global digital vault market size is expected to grow from approximately USD 471 million in 2018 to USD 892 million by 2023, at a Compound Annual Growth Rate (CAGR) of 13.6% during the forecast period. The regulatory requirements to protect sensitive data and rising adoption of connected devices, which spur the demand for data security capabilities, are major growth factors for the digital vault market.

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January 14, 2019

New product launches, acquisitions, and partnerships, to expand their product portfolios and grow further in the End User Experience Monitoring Market

The global End User Experience Monitoring (EUEM) market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 20.7% during the forecast period, to reach USD 3.7 billion by 2023 from USD 1.5 billion in 2018. Increased productivity, reduced time and costs, and enhanced focus on end user experience are expected to spur the demand for EUEM offerings across the globe.

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January 14, 2019

Market Leadership - Hybrid Fiber Coaxial Market

The hybrid fiber coaxial market (HFC) is expected to grow from USD 9.6 billion in 2018 to USD 13.6 billion by 2023, at a CAGR of 8.02% during 2018–2023. The market has been segmented based on technology, component, and geography.

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January 14, 2019

Market Leader - Coating Equipment Market

The global market size for coating equipment is projected to grow from USD 20.4 billion in 2018 to USD 27.7 billion by 2023, at a CAGR of 6.3%. Increasing demand from growing end-use industries and the need for replacement of existing coating systems are the driving factor for the coating equipment market, globally....... Read More
January 14, 2019

Market Leadership – Smart Home Market

The growing significance of intelligent devices to allow consumers to get remote access and control their homes has resulted in the growth of the smart home industry. Market players from the Americas, Europe, and APAC are significantly investing in different segments of the smart home industry, which include hardware, technology, software, and service. Johnson Controls International (Ireland), United Technologies Corporation (US), Schneider Electric (France), Honeywell International, Inc. (US), and Siemens AG (Germany) are a few leading companies in the smart home market.  Most of the leading companies focus on organic growth strategies such as product launches and developments and inorganic strategies such as agreements, partnerships, and collaborations to boost their revenues.

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January 11, 2019

Market Leader - Dairy Alternatives Market

The global dairy alternatives market size is projected to grow from USD 17.3 billion in 2018 to USD 29.6 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 11.4% during the forecast period. Increasing cases of lactose intolerance and milk allergies in several infants, as well as cases of milk allergies in adults, resulting in an adverse immune reaction after ingestion of animal milk have been driving the demand for various dairy alternatives such as rice milk, soy milk, and oat milk....... Read More
January 11, 2019

Zodiac Aerospace (France) and Panasonic Avionics (US) are leading players in Aircraft Cabin Interiors Market

Aircraft cabin interiors refer to different products or equipment installed inside passenger cabins of aircraft that are directly or indirectly used by passengers and crew to enhance the flying experience of passengers. The products used in aircraft cabin interiors vary with respect to type as well as class of aircraft. Various types of aircraft cabin interior products are aircraft seating, in-flight entertainment & connectivity, aircraft cabin lighting, aircraft galley, aircraft lavatory, aircraft interior panels, aircraft windows & windshields, and aircraft stowage bins. Typically, these products are designed taking into consideration their own weight that impacts overall aircraft fuel efficiency. The aircraft cabin interiors market is projected to grow from USD 27.0 billion in 2018 to USD 40.2 billion by 2025, at a CAGR of 5.87% during the forecast period from 2018 to 2025. The growth of this market can be attributed to increasing number of aircraft orders due to rise in air passenger traffic across the globe. Moreover, airlines are concerned about enhancing the customer experience and as such, are investing in carrying out upgradation of their existing aircraft fleets.

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January 11, 2019

Acquisition was the Key Strategy Adopted by the Leading Players of the Road Marking Materials Market

The road marking materials market size is expected to grow from USD 6.8 billion in 2018 to USD 8.8 billion by 2023, at a CAGR of 5.2%. The global road marking materials market is expected to be driven by various factors such as increased spending for safer roads and new infrastructure and roadway projects in emerging economies. With the increased use of road markings in lane departure warning systems (LDWS) in vehicles, the road marking materials market is expected to grow rapidly in the near future....... Read More
January 11, 2019

New product launches, product enhancement, and collaborations were the widely adopted strategy by the major players from 2016 to 2018 in High Performance Computing as a Service Market

The High Performance Computing as a Service (HPCaaS) market is projected to reach USD 10.0 billion by 2023 from USD 5.7 billion in 2018, at a CAGR of 11.9% during the forecast period. Market growth is largely driven by factors such as the faster deployment of new products and services, access to better technologies, and reduced capital costs.

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January 11, 2019

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