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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.

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March 4, 2025

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 Core Materials Market

Core materials are used in a variety of end-use industries, including wind energy, marine, automotive & transportation, aerospace & defense, construction, and industrial. Led by strong end-user demand, the core materials industry is growing at a rapid pace. However, amidst the global COVID-19 pandemic, the demand for core materials from the aforementioned industries is expected to show a sharp decline in 2020 from 2019. The global core materials market size is projected to grow from USD 1.2 billion in 2020 to USD 2.3 billion by 2025, at a compound annual growth rate (CAGR) of 13.5% during the forecast period.

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May 25, 2020

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.

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May 25, 2020

Sysmex (Japan) and Abbott Laboratories (US) are Leading Players in the Hematology Analyzers and Reagents Market

The global hematology analyzers and reagents market is projected to reach USD 10.6 billion by 2025 from USD 7.6 billion in 2020, at a CAGR of 6.9%. The factors driving the growth of this market include the growth in the number of blood donations, the increasing incidence of blood disorders, and the integration of flow cytometry techniques with hematology analyzers.

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May 25, 2020

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.

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May 25, 2020

Market Leader - Food Vacuum Machine Market

The global food vacuum machine market size is projected to grow from USD 12.9 billion in 2020 to USD 16.4 billion by 2025, recording a compound annual growth rate (CAGR) of 5.0% during the forecast period. The increasing demand for shelf-stable products and the rising usage of ready-to-eat food are some of the major factors that are projected to drive the growth of the food vacuum machine market. In addition, the fast growth of the food retail sector is one of the key contributors that is projected to drive market growth.

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May 25, 2020

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.

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May 22, 2020

Market Leader - Bioethanol Market

The global bioethanol market size is projected to grow from USD 33.7 billion in 2020 to USD 64.8 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 14.0% during the forecast year. The growth of this market is attributed to the growing need for energy security by the countries, and the growing concern to reduce greenhouse gas (GHG) emissions from in the transportation industry....... Read More
May 22, 2020

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.

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May 22, 2020

Market Leaders - Refurbished Medical Equipment Market

The global refurbished medical equipment market size is projected to reach USD 21.2 billion by 2025 from USD 12.1 billion in 2020, at a CAGR of 11.8%. Growth in the refurbished medical equipment industry can be attributed to factors such as hospital budget cuts, a large inventory of used or old medical devises, rising demand for capital-intensive diagnostic imaging equipment, e-commerce platform enhancing the ease of purchase of refurbished medical equipment, growing preference for eco-friendly products, an increasing number of diagnostic centers & hospitals, and the growing opportunities in emerging economies. However, factors such as stringent regulations on the import and use of refurbished medical devices in certain countries, lack in the standardization of policies for the use & sale of refurbished devices, increase in the influx of low-cost new medical devices, and the negative perception about the quality of refurbished medical devices are expected to restrain the market growth. Furthermore, the growth of the market is expected to be slowed temporarily due to the COVID-19 pandemic during the forecast period.

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May 22, 2020

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.

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May 22, 2020

New Revenue Pockets - Pressure Vessel Market

The global pressure vessel market size is projected to reach USD 53.3 billion by 2025 from an estimated USD 42.7 billion in 2020, at a CAGR of 4.5% during the forecast period. Rising demand for LNG across regions is creating demand opportunities for pressure vessels. Also, the increasing number of air separation units projects are driving the pressure vessel market. However, pressure vessels are feasible for large scale applications only.

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May 21, 2020

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.

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May 21, 2020

Microsoft (US) and Alfresco (US) are Leading Players in the Enterprise Content Management Market

MarketsandMarkets forecasts the global Enterprise Content Management (ECM) market size to grow from USD 40.1 Billion in 2020 to USD 66.9 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 10.8% during the forecast period. The major growth factors of the ECM market include the increased need of companies to organize, categorize, and structure all of the content in a meaningful, easily explorable manner and rising demand of companies to deliver personalized content to the right audience through the right channels.

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May 21, 2020

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

The global automotive software market size is projected to grow at a CAGR of 16.9% during the forecast period, to reach USD 37.0 billion by 2025. The key growth drivers for the market are increasing penetration of conected services coupled with the increasing focus on safety and security of the passenger and driver....... Read More
May 21, 2020

Zoetis, Inc. (US) and IDEXX Laboratories, Inc. (US) are Leading Players in the Veterinary PoC Diagnostics Market

The global veterinary point-of-care diagnostics market size is projected to reach USD 2.4 billion by 2025 from USD 1.4 billion in 2019, at a CAGR of 8.9%. In 2018, IDEXX Laboratories, Inc. (US) and Zoetis, Inc. (US) dominated the global veterinary point-of-care diagnostics industry, accounting for more than ~80–85% of the total market share.

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May 21, 2020

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

The global sustainable plastic packaging market size is projected to grow from USD 89.0 billion in 2020 to USD 117.3 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 5.6% during the forecast year. The growth of this market is attributed to the increasing regulations regarding the use of plastics, initiatives by governments and NGOs to promote sustainability in plastic packaging (e.g. - The Ellen McArthur Foundation), and the increasing awareness about the need and benefits of sustainability among the public, especially the youth....... Read More
May 21, 2020

BAE Systems plc and BAE Systems plc are Leading Players in the Tactical Optics Market

The tactical optics market size is projected to grow from USD 9.7 billion in 2020 to USD 13.0 billion by 2025, at a CAGR of 6.1% from 2020 to 2025. The market growth can be attributed to the increase in soldier count in emerging economies and ongoing upgrades to existing systems in developed countries.

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May 20, 2020

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.

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May 20, 2020

Market Leader - Semi-autonomous & Autonomous Truck Market

The global semi-autonomous truck market size is projected to reach 3,254 thousand units by 2025, from an estimated 948 thousand units in 2020, at a CAGR of 28.0%. The base year for the report is 2019, and the forecast period is from 2020 to 2025. The semi-autonomous truck segment has witnessed rapid evolution with governments across the world regulating advanced safety features such as AEB and BSD, and OEMs offering trucks with modern driver-assist features....... Read More
May 20, 2020

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.

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May 20, 2020

Emsland Group (Germany) and Roquette Frères (France) are the Key Players in the Pea Starch Market

The global pea starch market size is projected to grow from USD 136 million in 2020 to USD 192 million by 2025, recording a compound annual growth rate (CAGR) of 7.0% during the forecast period. Pea starch is a cost-effective, clean label ingredient with high amylose content and numerous health benefits, due to which it is projected to witness significant growth in the global food industry. The increasing demand for clean label, high quality, gluten-free food products across regions is a major factor projected to drive the growth of the pea starch market. In addition, the increasing demand for convenience products and high-quality clean label feed and pet food products in various regions across the world are the key factors that are projected to drive the market growth....... Read More
May 19, 2020

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.

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May 19, 2020

Rapid7 (US) and Tenable (US) are leading players in Security and Vulnerability Management Market

The global security and vulnerability management market size is expected to grow from USD 12.5 billion in 2020 to USD 15.5 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 4.5% during the forecast period. Security and vulnerability management solutions can be deployed on-premises as well as on the cloud, as per business requirements. The on-premises deployment mode allows organizations to control all the systems and data. Still, they also must pay the cost for hardware, software, and other resources used for its maintenance. It also restricts the storage capacity that is needed to maintain new functionalities and technologies. Cloud-based deployment benefits organizations with increased scalability, speed, 24/7 services, and improved Information Technology (IT) security. The demand for Software-as-a-Service (SaaS)-based security solutions is rapidly growing, as the central delivery model meets the IT security needs. Owing to the increasing number of applications being deployed over the cloud, there is a shift from traditional on-premises security and vulnerability management solutions to cloud-based security and vulnerability management solutions across large enterprises and Small and Medium-sized Enterprises (SMEs).

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May 19, 2020

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.

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May 19, 2020

Koninklijke Philips N.V. (Netherlands) and Omron Corporation (Japan) are the Key Players in the Medical Wearables Market

The medical wearables market is projected to reach USD 19.5 billion by 2025 from USD 7.4 billion in 2020, at a CAGR of 21.4% during the forecast period. The growing demand for advanced clinical-grade wearables to streamline complex operational procedures among healthcare organizations has led to a number of product launches & enhancements in recent years. Companies focus on launching innovative solutions to gain a competitive edge and exploit market growth opportunities offered by advanced and next-generation wearables....... Read More
May 19, 2020

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.

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May 18, 2020

Market Leader - Risk-based Monitoring Software Market

The risk-based monitoring (RBM) software market is expected to reach USD 511 million by 2025 from USD 273 million in 2020, at a CAGR of 13.3% during the forecast period. The growth in this market is mainly driven by the cost and time efficiency of RBM solutions, rising number of clinical trials, and increasing government funding and grants to support clinical trials. However, the high implementation cost of RBM solutions is expected to restrain the growth of this market during the forecast period....... Read More
May 18, 2020

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

The long steel market size is estimated to be USD 527.0 billion in 2020 and projected to reach USD 636.7 billion by 2025, at a CAGR of 3.9% from 2020 to 2025. Increasing construction and infrastructure activities, rising population levels, and industrialization are the major factors responsible for the growth of the long steel market. However, the recent outbreak of Covid-19 is expected to impact the long steel market severely....... Read More
May 18, 2020

Market Leaders - Sulfur Fertilizers Market

The global sulfur fertilizers market is estimated to be valued at USD 4.6 billion in 2020 and is projected to reach USD 5.1 billion by 2025, recording a CAGR of 2.2%. The growth of the sulfur fertilizers market is driven by various factors, such as the increase in sulfur deficiency in soils across the world due to strict regulations on sulfur emission and the cultivation of high-yielding crop varieties.

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May 18, 2020

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