Research Insight

Bread Improvers Industry - Upcoming Growth Trends in the Market

The global bread improvers market is on a trajectory of significant expansion, with an estimated value projected to reach USD 1.9 billion by 2028 from the 2023 valuation of USD 1.5 billion, displaying a promising Compound Annual Growth Rate (CAGR) of 5.9%.

• Published: February 2024

Pea Protein Industry: Upcoming Growth Trends in the Market

The pea protein market is estimated at USD 2.1 billion in 2024 and is projected to reach USD 3.7 billion by 2029, at a CAGR of 12.0% from 2024 to 2029.

• Published: February 2024

Bread Improvers Market Size & Share - Future Growth Expectations

The global bread improvers market size is on a trajectory of significant expansion, with an estimated value projected to reach USD 1.9 billion by 2028 from the 2023 valuation of USD 1.5 billion, displaying a promising Compound Annual Growth Rate (CAGR) of 5.9%.

• Published: February 2024

Pea Protein Market Size & Share - Expected Industry Growth in Years to Come

The global pea protein industry encompasses the commercial activities related to the production, distribution, and sale of pea protein as a standalone ingredient or as an additive in various food, beverage, and dietary supplement products. This market includes manufacturers, suppliers, distributors, retailers, and consumers involved in the trade of pea protein-based products worldwide.

• Published: February 2024

Top Companies in Microbiome Diagnostics Market: DNA Genotek (Canada) and Microba Life Sciences (US) are the Leading Players

The global microbiome diagnostics market is projected to reach USD 300 million by 2028 from USD 146 billion in 2023, at a CAGR of 15.5% during the forecast period. The microbiome diagnostics market is driven by the rising incidence of diseases, the collaborative efforts between the microbiome industry and academia for microbiome research and the growing demand for personalized medicine. The top players in this market are Microba Life Sciences (US), DNA Genotek (Canada), and Genetic Analysis AS (Norway). These players hold leading positions in the market owing to their broad product offerings in the microbiome diagnostics market. These mentioned players have undertaken various organic and inorganic growth strategies such as product launches and approvals, collaborations, and agreements to retain their position in the market.

• Published: February 2024

Top Companies in Racing Simulator Industry - CXC Simulations (US), Trak Racer (Australia) and Vi-Grade GmbH (Germany) are the Leading Players

The racing simulator market is estimated to grow from USD 0.5 billion in 2024 to USD 1.1 billion by 2030, at a CAGR of 15.6% during the forecast period. The base year for the report is 2023, and the forecast period is 2024 to 2030.

• Published: February 2024

Top Pea Protein Companies - Roquette Frères (France), ADM (US), Ingredion (US) and Kerry Group Plc. (Ireland)

The pea protein market is estimated at USD 2.1 billion in 2024 and is projected to reach USD 3.7 billion by 2029, at a CAGR of 12.0% from 2024 to 2029.

• Published: February 2024

Top Bread Improvers Companies - Puratos (Belgium), Lesaffre (France) and International Flavors & Fragrances Inc. IFF (US)

The bread improvers industry, currently valued at USD 1.5 Billion in 2023 and poised to achieve an 5.9% CAGR, reaching USD 1.9 Billion by 2028, is experiencing transformative shifts and innovations. The bread improvers industry is experiencing significant growth, driven by technological developments, changing consumer preferences, and regulatory changes in the bread improvers business. The way bread products are made, sold, and consumed is being revolutionized by these dynamics, which are also changing conventional baking techniques. Growing consumer demand for products with clean labels and healthier ingredients is one important trend reshaping the market. Bread options free of chemicals, preservatives, and artificial additions are becoming increasingly popular. According to a study by MDPI on Clean Label in Bread, published in September 2021, in recent years, there has been a steady rise in the popularity of clean-label trends, with regulatory standards varying by region. As mentioned in the same source, consumers are increasingly prioritizing healthier lifestyles, as evidenced by a significant 11.3% growth in sales of natural bread and baking goods in the United States within the last year up to March 2020. Similarly, in Europe, consumers are placing greater emphasis on scrutinizing product ingredient lists, leading to the widespread success of clean-label products. As a result, producers are experimenting with organic and natural ingredients and creating bread improvers that boost nutritional profiles without sacrificing texture or flavor.

• Published: February 2024

EMC Shielding and Test Equipment Companies - PARKER HANNIFIN CORP (US) and PPG Industries, Inc. (US) are the Key Players

The global EMC shielding and test equipment market is expected to be valued at USD 8.4 billion in 2024 and is projected to reach USD 11.3 billion by 2029; it is expected to grow at a CAGR of 6.2% from 2024 to 2029. Market participants have adeptly addressed rising EMC shielding and test equipment demands in diverse industries, extending their global reach through strategic growth approaches like introducing new products, acquiring assets, forging partnerships, fostering collaborations, establishing alliances, and expanding their operations.

• Published: February 2024

Synthetic Lubricants Companies - Shell plc (UK) and Exxon Mobil Corporation (US) are Leading Players in the Synthetic Lubricants Market

In terms of value, the synthetic lubricants market is estimated to grow from USD 41.2 billion in 2023 to USD 48.0 billion by 2028, at a CAGR of 3.1%. Rising demand of synthetic lubricants from industries such as automotive, aerospace, marine, construction, power generation and others for variety of applications is leading the market. During the forecast period, this is anticipated to expand the synthetic lubricants market even more.

• Published: February 2024

Commercial Electric Aircraft Companies - Heart Aerospace (Sweden) and Eviation (Israel) are the Key Players

The commercial electric aircraft market is estimated to be USD 97 million in 2026 to USD 692 million in 2031 and is projected to reach USD 1,467 million by 2035, at a CAGR of 20.7 % from 2031 to 2035. The primary driving factors for the commercial electric aircraft market include the Increasing Technological Advancements in aerospace industry, and focus on sustainable aviation. 

• Published: February 2024

Top Companies in Rodenticides Industry - BASF SE (Germany), Syngenta AG (Switzerland) and Anticimex ( Sweden)

The rodenticides market is estimated at USD 5.8 billion in 2024 and is projected to reach USD 7.7 billion by 2029, at a CAGR of 5.9 % from 2024 to 2029. The rodenticides market is undergoing rapid growth due to a variety of factors. The expansion of urban areas and industries typically leads to a rise in rodent populations, driven by factors like heightened waste production and habitat disruption. Consequently, this increases the demand for rodenticides to manage these pest infestations. Similarly, fluctuations in weather conditions, including temperature, precipitation, and seasonal changes, can impact rodent populations by influencing their breeding patterns and habitat selection. Instances of extreme weather events may further increase rodent activity, consequently affecting the demand for rodenticides.

• Published: February 2024

Top Companies in Organ-on-Chip Market: Emulate, Inc. (US) and CN Bio Innovations Ltd (UK) are the Leading Players

The global organ-on-chip market is expected to reach USD 631,073 thousand by 2029 from USD 123,285 thousand in 2024, at a CAGR of 38.6% during the forecast period. Growth in the organ-on-chip market is mainly driven by factors such as growing emphasis on animal free drug testing, and an increase in the adoption of organ-on-chip technology by pharma and biotech companies for drug discovery and development. However, due to the limited scalability and low throughput of the current organ-on-chip technology, the use of this technology is restricted only to the pre-clinical drug development phase.

• Published: February 2024

Hard Coatings Companies - OC Oerlikon Management AG (Switzerland) and Carl Zeiss Meditec AG (Germany) are Leading Players in the Hard Coatings Market

The hard coatings market is projected to grow from USD 1.2 billion in 2023 to USD 1.7  billion by 2028, at a CAGR of 7.0% between 2023 and 2028. The driving factors behind the adoption of hard coatings are multifaceted. Firstly, the need for enhanced durability and wear resistance in various industries such as automotive, aerospace, and manufacturing is a primary driver. Hard coatings offer superior protection against abrasion, erosion, and surface fatigue, thereby extending the lifespan of components and machinery. Additionally, the pursuit of improved performance and efficiency drives research and development in hard coating technologies. Furthermore, the growing demand for environmentally friendly solutions pushes the development of hard coatings with reduced environmental impact, fostering sustainability in manufacturing processes. These factors collectively propel the utilization and advancement of hard coating technologies across industries.

• Published: February 2024

Underwater Warfare Companies - RAYTHEON TECHNOLOGIES (US) and L3HARRIS TECHNOLOGIES, INC. (US) are the Key Players

The underwater warfare market is valued at USD 3.7 billion in 2023 and is projected to reach USD 5.7 billion by 2028, at a CAGR of 9.0% from 2023 to 2028. The market growth is driven by increasing investment in developing underwater warfare systems and solutions. Prominent companies in this industry are primarily located in North America, Europe and Middle East. Raytheon Technologies (US), L3Harris Technologies, Inc. (US), Elbit Systems Ltd. (Israel), Northrop Grumman Corporation (US), Thyssenkrupp AG (Germany) are recognized as key players in the Underwater Warfare market. Key players in underwater warfare market are investing heavily in research and development to introduce advanced technologies such as advanced sonar systems and unmanned systems. They are also focusing on partnerships and collaborations to expand their market presence and offer comprehensive solutions.

• Published: February 2024

Top Companies in Automotive Transmission Industry - Aisin Corporation (Japan), ZF Friedrichshafen AG (Germany) and Magna International Inc. (Canada) are Leading Players

The automotive transmission market is estimated to grow from USD 62.4 billion in 2023 to USD 84.2 billion by 2028 at a CAGR of 6.2% over the forecast period. The increasing consumer preference for convenience and comfort, coupled with government initiatives promoting electric and hybrid vehicles, are the key drivers for the automotive transmission industry. This trend highlights the rapid expansion of the automotive transmission market, driven by technological advancements. These advancements are crucial for meeting changing consumer preferences and government regulations.

• Published: February 2024

Top Companies in Contrast Media Market: Bayer AG (Germany) and Bracco Imaging S.p.A. (Italy) are the Leading Players

The contrast media market is projected to reach USD 9.7 billion by 2029 from USD 6.3 billion in 2023, at a CAGR of 7.5% during the forecast period. Factors such as the significant prevalence of chronic medical conditions, coupled with the rise in the number of product approvals, will boost the growth of the contrast media market. For Instance, in October 2023, The European Commission granted Guerbet marketing authorization (MA) for Elucirem (Gadopiclenol) following the positive opinion from the European Medicines Agency’s Committee for Medicinal Products for Human Use (CHMP). Similarly, in 2022, Lantheus received approval for the Import Drug License (IDL) from the Center for Drug Evaluation (CDE) of China’s National Medical Products Administration (NMPA) for Perflutren Lipid Microsphere Injectable Suspension (marketed as DEFINITY in the US).

• Published: February 2024

Top Companies in Recycling Water Filtration Industry - Veolia (France), TORAY INDUSTRIES, INC (Japan) and Xylem (US)

The Recycling water Filtration Market is projected to reach USD 3.8 billion by 2028 from an estimated USD 2.7 billion in 2023, at a CAGR of 7.5% during the forecast period. There is a pressing need for sustainable water management, and it's being addressed through several means. Stringent regulations are driving advancements in water treatment technologies, and there's a growing focus on adopting sustainable practices like wastewater reuse, which emphasizes both environmental responsibility and resource conservation.

• Published: February 2024

Top Companies List of Translation Management Systems Industry - TransPerfect (US), RWS Group (UK) | MarketsandMarkets

The global translation management systems market is projected to register a CAGR of 17.2% during the forecast period, reaching USD 5.7 billion by 2030 from an estimated USD 2.2 billion in 2024. The growth of translation management systems solutions is propelled by a convergence of factors. These include The rapid expansion of digital content which has spurred demand for efficient translation solutions, surge in e-commerce activity has heightened the demand for translation services and Growing cross-border cooperation among individuals and businesses.

• Published: February 2024

Tax Management Industry Trends - Forthcoming Trends to Fuel the Global Growth

During the forecast period, the global tax management market is expected to grow from USD 21.0 billion in 2022 to USD 35.1 billion in 2027, with a compound annual growth rate (CAGR) of 10.8%.

The ongoing expansion of the number of digital financial transitions, transactions, and transformations, the complexity of tax rules, the increased use of nascent and innovative technology(ies) for tracking taxpayers, and strict government tax collection regulations are all driving growth in the tax management market. These provide profitable market prospects, opportunities, and improved service provision/delivery during the forecast period.

 

• Published: February 2024

Future of CV Depot Charging Companies - ABB (Switzerland), Blink (US), Bosch (Germany), bp pulse (UK), ChargePoint (US), EVgo (US), Heliox (Netherlands), Kempower (Finland), Shell Recharge (US), Siemens (Germany), Wallbox (Spain) are the Leading Players

The CV depot charging market size for chargers of new vehicles was 4.7 $billion in 2023 and is projected to reach 30.7 $billion in 2030, witnessing a CAGR of 28.2% from 2024 to 2030. In addition, the global number of chargers for new vehicles in depot setting is expected to reach 1.1 million units in 2030, whereas as the global number of chargers for Electric Commercial Vehicles (ECV) parc in depot setting is forecasted to reach 5.3 million units. The report also includes the analysis of number of chargers for new vehicles in depot setting, number of chargers for ECV parc in depot setting, cost of chargers (including installation cost) for new vehicles in depot setting, energy demands and cost of energy. Further, within the regional market Asia-Pacific region accounted for more than half of the market share in both new vehicles and ECV parc segment. While the AC chargers held the major share in ECV parc in depot setting segment, the DC chargers will hold the largest share in new vehicle in depot segment.

• Published: February 2024

Reticulated Foam Companies - Rogers Foam Corporation (US) and Woodbridge Foam Corporation (Canada) are Leading Players in the Reticulated Foam Market

The reticulated foam market is projected to grow from USD 506 million in 2023 to USD 683 million by 2028, at a CAGR of 6.2% from 2023 to 2028. The filtration segment is the largest application of reticulated foam due to its unique characteristics that make it highly effective for filtration. Reticulated foam possesses an open-cell structure with a high porosity, allowing it to trap and filter particles efficiently. The foam's low density, flexibility, and chemical resistance further enhance its suitability for filtration applications. Manufacturers can engineer reticulated foam with specific porosities, making it adaptable for a wide range of filtration requirements, from coarse to fine particle capture. This versatility allows reticulated foam to be utilized in various industries, such as air and liquid filtration, automotive air cleaners, industrial processes, etc.

• Published: February 2024

Agricultural Lubricant Companies - Shell PLC (UK) and Exxon Mobil Corporation (US) are Leading players in the Agricultural Lubricant Market

The agricultural lubricant market is projected to grow from USD 6.3 billion in 2023 to USD 7.7 billion by 2028, at a CAGR of 3.9% during the forecast period. The primary function of agricultural lubricant is to reduce mechanical wear, prevent corrosion, and enhance the longevity of machinery. Agricultural lubricants are used in the agriculture industry to maintain and protect various types of machinery and equipment.

• Published: February 2024

Brine Concentration Minerals Companies - Magrathea (US) and Olokun Minerals (US) are Leading Brine Concentration Minerals Market

The brine concentration minerals market is projected to reach USD 1.7 billion by 2029, at a CAGR of 8.1% from USD 1.1 billion in 2024. The market growth is driven by growing demand for lithium-ion batteries and growing emphasis on sustainbale practices.

• Published: February 2024

Satellite Data Services Companies - Airbus (France) and Maxar Technologies (US) are the Key Players

• Published: February 2024

Epoxidized Soybean Oil Companies - CHS Inc. (US) and Galata Chemicals LLC (US) are Leading players in the Epoxidized Soybean Oil Market

The epoxidized soybean oil market is projected to grow from USD  494 million in 2023 to USD  648 million in 2028 at a CAGR of 5.6%. The global Epoxidized Soybean Oil (ESBO) industry is undergoing significant growth, driven by its wide range applications and the rising demand for sustainable alternatives. Most manufacturers in this market are based in North America and Asia Pacific. CHS Inc. (US), Galata Chemicals LLC (US), Cargill (US), Nan Ya Plastics Corporation (Taiwan), and Adeka Corporation (Japan) are among the leading players operating in the epoxidized soybean oil market. These players have adopted various growth strategies to strengthen their position in the market. This includes expansions and acquisition activities further to expand their presence in the epoxidized soybean oil market.

• Published: February 2024

Top Companies List of Fleet Management Industry - Geotab (Canada) and Verizon Connect (US) | MarketsandMarkets

The global fleet management market size is projected to grow from USD 28.6 billion in 2023 to USD 55.6 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 14.2% during the forecast period. The integration of telematics and IoT technologies has emerged as a pivotal factor driving the growth of the fleet management market.

Fleet management has always emphasized safety, but 2024 it will be more focused. Fleets implementing cutting-edge safety systems have seen a noticeable drop in accidents and fatalities, according to the latest data from the National Highway Traffic Safety Administration (NHTSA). In addition to lowering the financial and human costs of accidents, real-time monitoring, collision avoidance technologies, and driver behavior analysis are helping to make driving safer.

• Published: February 2024

Top Companies in Cloud Migration Services - IBM (US), SAP (Germany)

The global cloud migration services market is projected to register a CAGR of 23.3% during the forecast period, reaching USD 29.2 billion by 2028 from an estimated USD 10.2 billion in 2023. Major factors to boost the market growth include the increasing demand for better agility and automation, the requirement for swifter and seamless deployment, and seamless integration and compatibility of enterprise applications with the evolving landscape of cloud technology.

• Published: February 2024

Top Companies in Hydrogen Fuel Cell Vehicle Industry - Toyota Motor Corporation (Japan), Hyundai Group (South Korea) and Honda (Japan)

The global hydrogen fuel cell vehicle market is projected to grow from USD 0.2 billion in 2024 to USD 2.1  billion by 2030, at a CAGR of 48.0%. The demand for hydrogen fuel cell vehicles is expected to increase significantly, driven by factors such as the reduced dependency on oil and increasing environmental awareness. The increasing need for sustainable mobility further influences the market's expansion. Robust governmental support for fuel cell technology and advancements in green hydrogen and its infrastructure are expected to create novel opportunities within this market.

• Published: February 2024

Top Companies in Hernia Repair Market: Medtronic plc (Ireland) and Becton Dickinson and Company (US) are the Leading players

The global hernia repair market is projected to reach USD 5.1 billion by 2029 from USD 4.1 billion in 2024, at a CAGR of 4.2% from 2024 to 2029. The expanding objective includes rising geriatric population, increasing hernia prevalence, increasing adoption of mesh in hernia repair surgeries, technological advancement, new product development, effectiveness of mesh repair and efficient reimbursement system. These key factors are encouraging the growth of hernia repair market globally.

• Published: February 2024

Top Companies List of Enterprise File Synchronization and Sharing (EFSS) Industry - Globe Box (US), Citrix Systems (US), Dropbox (US) | MarketsandMarkets

The global market for EFSS is projected to grow from USD 9.4 billion in 2023 to USD 35.5 billion by 2028, at a CAGR of 30.4% during the forecast period. The increasing trend of remote work and distributed teams has fueled the demand for EFSS solutions that enable seamless file sharing and collaboration across geographies and devices.

• Published: February 2024

Plate and Tube Heat Exchanger Companies - Alfa Laval (Sweden) and Kelvion Holding GmbH (Germany) are Leading Players in the Plate and Tube Heat Exchanger Market

The plate and tube heat exchanger market is projected to reach USD 884 million by 2028, at a CAGR of 6.5% from USD 645 million in 2023. The market growth is driven by influencing factors such as growing industrialization in emerging regions, and stringent environmental and energy efficiency regulations.

• Published: February 2024

Top Companies in Pharmacogenomics Market: Illumina, Inc. (US) and Thermo Fisher Scientific Inc. (US) are the Leading Players

The pharmacogenomics market is projected to reach USD 5.8 billion by 2028 from an estimated USD 3.5 billion in 2023, at a CAGR of 10.6% during the forecast period. The major factors driving the growth of this pharmacogenomics market include increasing research activities in the field of genomics, growing prevalence of chronic and genetic diseases, and rising investments and fundings to support genomics projects.

• Published: February 2024

Top Companies in M2M Satellite Communication - Marlink (France), Viasat (US)

The M2M satellite communication market is expected to grow from USD 15.5 billion in 2023 to USD 28.7 billion in 2028, at a CAGR of 13.1%  during the forecast period. The M2M satellite communication market is driven by various factors, such as the rising need for enriched data communication, the surge in IoT proliferation, and the escalating demand for monitoring and remote management of connected devices.

• Published: February 2024

Top Companies in Instrument Transformers Industry - ABB (Switzerland), General Electric (US)

The global instrument transformers market is projected to grow from an estimated USD 7.1 billion in 2023 to USD  10.6 billion by 2030, demonstrating a CAGR of 5.8% during the forecasted period. Instrument transformers are critical components in electrical power systems, contributing significantly to system measurement and protection. These transformers are intended to reduce high voltage and current levels to levels appropriate for instrumentation and control devices, guaranteeing precise measurement and equipment safety. Instrument transformers can be classified into two types: current transformers (CTs) and voltage transformers.

• Published: February 2024

Organic Peroxide Companies - Nouryon Chemical Holding B.V. (Netherlands) and Arkema SA (France) are Leading Players in the Organic Peroxide Market

The organic peroxide market is projected to grow from USD 1.9 billion in 2023 to USD 2.6 billion by 2030 at a CAGR of 4.2%. The organic peroxide market encompasses a diverse range of chemical compounds characterized by oxygen-oxygen single bonds and is widely utilized as initiators, crosslinking agents, and curing agents in various industrial applications. The market is driven by the escalating demand for polymers and plastics, particularly in the manufacturing of composite materials, foams, and adhesives. The increasing emphasis on innovative materials, coupled with the rising need for durable and lightweight solutions in applications such as packaging, and automotive, positions organic peroxides as key contributors to the growth and advancement of the chemical and plastic industry.

• Published: February 2024

Carbon & Graphite Felt Companies - Morgan Advanced Materials Plc (UK) and Mersen (France) are Leading Players in the Carbon & Graphite Felt Market

The carbon & graphite felt market is projected to grow from USD 551 million in 2024 to USD 871 million by 2029, at a CAGR of 9.6% during the forecast period. Carbon & graphite felts get widely used in batteries, filters, furnaces and many other applications across the world. The market is expected to show significant growth during forecasted years as demand for carbon & graphite felt are rapidly increasing specially from batteries application. Asia Pacific, Europe followed by North America are major markets for carbon & graphite felt. Growing renewable industry in the various countries is fueling the demand for carbon & graphite felts.

• Published: February 2024

Top Companies in Medical Nitrous Oxide Market - Air Liquide (Paris) and Linde plc (Ireland) are the leading players

The global medical nitrous oxide market size is estimated to be USD 2.8 billion by 2029, from USD 1.8 billion in 2023, at a CAGR of 6.6%. The medical nitrous oxide market is mainly driven by factors such as the increasing surgical procedures, growing aging population, advancements in healthcare infrastructure, and the growth in the dental industry.

• Published: February 2024

Top Companies List of Playout Automation & Channel-in-a-Box Industry - Harmonic (US), Evertz (Canada) | MarketsandMarkets

The global playout automation & channel-in-a-box market is projected to register a CAGR of 15.8% during the forecast period, reaching USD 6.1 billion by 2028 from an estimated USD 2.9 billion in 2023. Major factors to boost the market growth include the escalating demand for video content across various industries, increase in demand for OTT services, increasing engagement in HD and UHD content consumption and proliferation of live broadcasting at an accelerated pace.

• Published: February 2024

Top Companies in Inverter Industry - Huawei Technologies Co., Ltd. (China), SUNGROW (China), SMA Solar Technology AG (Germany), Power Electronics S.L. (Spain), and Fimer Group (Italy)

The Inverter market is projected to reach USD 39.6 billion by 2028 from an estimated USD 18.9 billion in 2023, at a CAGR of 16.0% during the forecast period. Factors such the rising demand for renewable energy sources, such as solar and wind power, which require inverters to convert direct current (DC) into usable alternating current (AC). Additionally, advancements in technology have led to more efficient and cost-effective inverters, promoting their adoption in various applications like residential solar systems, electric vehicles, and industrial machinery, further fueling the growth of the inverter market.

• Published: February 2024

Mid and High-Level Precision GPS Receiver Companies - Trimble Inc. (US) and Topcon (Japan) are the Key Players

The global mid and high-level precision GPS receiver market will grow from USD 3.4 billion in 2024 to USD 5.2 billion in 2029 at a CAGR of 8.8% during the forecast period. Growing adoption of precision agriculture and increasing investments in urban developments are the major driving factors for the growth of the mid and high-level precision GPS receiver market.

• Published: February 2024

Fluorescent Pigments Companies - Radiant Color NV (Belgium) and DayGlo Color Corp. (US) are Leading players in the Fluorescent Pigment Market

The fluorescent pigment market is projected to reach USD 498 million by 2028, at a CAGR of 5.7% from USD 377 million in 2023. The market growth is driven by influencing factors such as growing industrialization and urbanization in emerging regions, and increased use in security and anti-counterfeiting measures.

• Published: February 2024

Can Molecular Diagnostics Revolutionize Clinical Diagnostics?

The popularity of molecular diagnostics during the COVID-19 pandemic was driven by its accuracy, specificity, efficiency in mass testing, and critical role in various aspects of pandemic management, from early detection to research and vaccine development.

• Published: February 2024

Emerging Trends In Flow Cytometry Market

Recent trends in the flow cytometry market include the incorporation of nanoparticles, the introduction of Anti-TRBC2 conjugated antibodies, the integration of artificial intelligence, multicolor flow cytometry, and advances in fluorescent dyes.

• Published: February 2024

Top Companies List of Cloud Storage Industry - IBM (US), Microsoft (US) and Oracle (US) | MarketsandMarkets

The cloud storage market is anticipated to expand at a Compound Annual Growth Rate (CAGR) of 18.8% from USD 99.2 billion in 2023 to USD 234.9 billion in 2028 over the course of the forecast period. An urge for convenient deployment in disaster-prone areas, adherence to regulatory compliance and government-led reporting standards across verticals and regions, and demand for enterprise service management across verticals are expected to drive the growth of the global Cloud Storage market.

• Published: February 2024

LED Packaging Companies - NICHIA CORPORATION (Japan) and ams-OSRAM AG. (Austria) are the Key Players

The LED packaging market is estimated to be worth USD  16.0 billion in 2024 and is projected to reach USD 19.4 billion by 2029, at a CAGR of 3.9% during the forecast period. The growing demand for UV LED-based disinfection systems is a key factor that contributes towards the market growth of LED packaging. Moreover, surging adoption towards mini and micro-LED technologies is expected to provide growth opportunities for market players offering LED packaging.

• Published: February 2024

Top Companies in Location-based Services (LBS) and Real-Time Location Systems (RTLS) - Cisco (US), Google (US)

The Location-based Services (LBS) and Real-Time Location Systems (RTLS) market size is projected to grow from USD 24.7 billion in 2023 to USD 60.4 billion by 2028, at a CAGR of 19.6% during the forecast period.

The usage of RTLS increased across several verticals, including healthcare, industrial manufacturing, logistics, process industries (mining, oil and gas), and defense due to all these advancements. More sectors are now recognizing the benefits of tracking, monitoring, and analyzing the precise location and movements of assets. These advantages include improved workflow, simpler processes, and higher production.

Major Location-based Services (LBS) and RTLS Companies Include:

• Cisco (US)
• Google (US)
• Ericsson (Sweden)
• TomTom (Netherlands)
• Teldio (Canada)

• Published: February 2024

Top Companies in Hydrogen Compressors Industry - Atlas Copco AB (Sweden), Siemens Energy (Germany), Ingersoll Rand (US)

The global hydrogen compressors market is projected to reach USD 2.6 billion by 2028 from an estimated USD 2.1 billion in 2023, at a CAGR of 4.5% during the forecast period. The rising need for decarbonization across the hydrogen value chain and industrial sectors by using hydrogen as a green fuel is supporting the market growth.

• Published: February 2024

Semiconductor Intellectual Property (IP) Companies -Arm Limited (UK) and Synopsys, Inc. (US) are the Leading Manufacturers

The semiconductor intellectual property (IP) market was valued at USD 7.5 billion in 2024 and is projected to reach USD 11.2 billion by 2029; it is expected to grow at a CAGR of 8.5% from 2024 to 2029. Increasing demand for electronics in healthcare and telecommunications industries, increasing demand for modern System-on-chip (SoC) designs, and decline in cost associated with chip designing are some of the key drivers driving the growth of semiconductor intellectual property (IP) market.

• Published: February 2024

Flexible Foam Companies - Market Leaders in Flexible Foam Market

The market size of flexible foam is estimated at USD 42.7 billion in 2023 and is projected to reach USD 56.9 billion by 2028, at a CAGR of 5.9%. Increased use of flexible foam in automotive and growth in automobile production are driving its demand in this end-use application. Flexible foams are used as cushioning material in different end-use products such as beds, mattresses, chairs, garden furniture pillows, carpet cushions, and automobile parts (seats, armrests, and headrests), among others.

• Published: February 2024