Research Insight

Composite AI Market Trends 2024: Insights and Forecasts

At a compound annual growth rate (CAGR) of 36.5%, the composite artificial intelligence market is projected to increase from USD 0.9 billion in 2023 to USD 4.4 billion by 2028.

Advances in AI technology, such as deep learning and natural language processing, have made it easier to design and combine different AI models to create composite AI.

• Published: April 2024

Rail Composites Companies - Gurit Holdings AG (Switzerland) and Hexcel Corporation (US) are Leading players in the Rail Composites Market

The rail composites market is projected to grow from USD 1.7 billion in 2023 to USD 2.4 billion by 2028, at a CAGR of 7.2% during the forecast period. The rail composites market is showing significant growth due to its increasing penetration and growing demand from various rail applications, such as interior components, exterior components, structural components and many other applications. Asia Pacific, Europe and North America are the major markets for rail composites.

• Published: March 2024

Foremost Companies in the IR Spectroscopy Market: Shimadzu Corporation (Japan) and ZEISS (Germany)

The global IR spectroscopy market was valued at USD 1.2 billion in 2024 and is projected to reach USD 1.6 billion by 2029; it is expected to register a CAGR of 6.5% during the forecast period. Increase in R&D investments in healthcare and pharmaceuticals industry and continuous technological advancements in IR spectroscopy are attributed to the ever-increasing demand for IR spectroscopy system.

• Published: March 2024

Top Companies in Retail Analytics - Microsoft (US), IBM (US), SAP (Germany) and Oracle (US)

The global retail analytics market is projected to register a CAGR of 24.0% during the forecast period, reaching USD 25.0 billion by 2029 from an estimated USD 8.5 billion in 2024.

Major factors to boost the market growth include the exponential growth of e-commerce platforms, proliferation of data generated through diverse channels, and increasing adoption of omni-channel retail strategies.

• Published: March 2024

Top Companies in Americas Cables Industry - Prysmian Group (Italy), Southwire Company, LLC (US), Nexans (France), LS Cable & System Ltd (South Korea) and NKT a/s (Denmark)

The Americas Cables market is projected to reach USD 10.9 billion by 2029 from an estimated USD 8.7 billion in 2024, at a CAGR of 4.5% during the forecast period. The rising need for energy, improvements in infrastructure, and the expansion of renewable energy projects are driving growth in the cables market in North America. Different forms of insulation, which improve cable performance and longevity, such as XLPE (Cross-linked Polyethylene), EPR (Ethylene Propylene Rubber), EPDM (Ethylene Propylene Diene Monomer), and HPER (High-Performance Ethylene Rubber), assist the growth. The growing business is also being aided by low voltage cables, which are frequently utilized in both the commercial and residential sectors. In order to fulfill the region's growing energy needs and ensure efficiency and dependability in power distribution and communication networks, technological breakthroughs in cable insulation are essential.

• Published: March 2024

Palletizer Companies - KION GROUP AG (Germany) and FANUC CORPORATION (Japan) are the Key Players

The Palletizer market is estimated to be worth USD 3.2 billion in 2024 and is projected to reach USD 4.1 billion by 2029 at a CAGR of 5.2% during the forecast period. The market growth for palletizer is attributed to the rising demand for palletizers in e-commerce industry. The major players in the palletizer market with a significant global presence are KION GROUP AG (Germany), FANUC CORPORATION (Japan), KUKA AG (Germany), Honeywell International Inc. (US), Krones AG (Germany), ABB (Switzerland). The market players have adopted various strategies, including the advancement of products, collaborative partnerships, contractual agreements, business expansions, and acquisitions, all aimed at fortifying their market standing. These comprehensive strategies, both organic and inorganic, have facilitated the global expansion of market players through the provision of sophisticated palletizers.

• Published: March 2024

Automotive Fabrics Companies - Market Leader in Automotive Fabrics Market

In terms of value, the automotive fabrics market is estimated to grow from USD 40.5 billion in 2024 to USD 51.4 billion by 2029, at a CAGR of 4.9%. Automotive fabric market have grown as the demand from applications such as airbags, upholstery, tires and floor coverings is mounted immensely due to large production of vehicles especially passenger cars worldwide.

• Published: March 2024

Top Companies in Predictive Maintenance - ABB (Switzerland), Schneider Electric (France) and Software AG (Germany)

The predictive maintenance market is expected to grow from USD 10.6  billion in 2024 to USD 47.8 billion in 2029, at a CAGR of 35.1%  during the forecast period. The predictive maintenance market is propelled by several factors, including the rising adoption of emerging technologies for gaining valuable insights, the introduction of machine learning and artificial intelligence, and the increasing emphasis on minimizing maintenance costs, equipment failures, and downtime.

• Published: March 2024

PLGA Companies - Evonik (Germany) and Corbion NV (Netherlands) are Leading Players in the PLGA Market

The PLGA market is projected to reach USD 321 million by 2030, at a CAGR of 16.6% from USD 125 million in 2024. The market growth is driven by influencing factors such as government initiatives and regulations and exceptional biodegradability and biocompatibility nature.

• Published: March 2024

Non-dispersive Infrared (NDIR) Companies - Amphenol Corporation (US) and Honeywell International Inc (US) are the Key Players

The global NDIR market is expected to be valued at USD 681 million in 2024 and is projected to reach USD 965 million by 2029; it is anticipated to grow at a CAGR of 7.2% from 2024 to 2029. Market participants have diversified their offerings, extending their global reach through strategic growth approaches like introducing new products and collaborations, establishing alliances, forging partnerships, and expanding their operations.

• Published: March 2024

Top Companies List of Image Recognition Industry - Google (US) and Qualcomm (US) | MarketsandMarkets

The image recognition market is expected to grow at a Compound Annual Growth Rate (CAGR) of 16.1% during the forecast period, from USD  46.7 billion by 2024 to USD 98.6 billion by 2029. The growing demand for image recognition software for video surveillance, facial recognition, and anomaly detection is expected to drive market growth during the forecast period.

• Published: March 2024

Top Companies in Yeast Industry - Associated British Foods plc (UK), AngelYeast Co., Ltd (China) and Lallemand Inc. (Canada)

The yeast market is estimated at USD 5.5 billion in 2024 and poised to achieve an 8.9% CAGR, reaching USD 8.5 billion by 2029, and is experiencing transformative shifts and innovations. The yeast market represents a dynamic and diverse sector within the food & beverages & feed industry, encompassing products like baker’s yeast, brewer’s yeast, probiotic yeast, and wine yeast. In recent times, there has been a consistent surge in the demand for yeast, driven by various factors, and this upward trajectory appears to continue.

• Published: March 2024

Top Companies List of Enterprise Video Industry - Microsoft (US) and Google (US) | MarketsandMarkets

The Enterprise video market is anticipated to expand at a Compound Annual Growth Rate (CAGR) of 8.6% from USD 23.8 billion in 2024 to USD 35.8 billion in 2029 throughout the forecast period.

An urge to shift from on-premises deployment to cloud-based solutions, strict adherence and compliance to regulatory authorities and government-led reporting standards across verticals and regions, demand for user experience centricity on priority across verticals, organizations, and regions globally, digitalization, and automation are expected to drive the growth of the global Enterprise video market.

Major Enterprise Video Companies Include:

• Microsoft (US)
• Zoom (US)
• Google (US)
• IBM (US)
• Avaya (US)

• Published: March 2024

Core Materials Companies - Gurit Holdings AG (Switzerland), Hexcel Corporation (US) are Leading Players in the Core Materials Market

The market for core materials is likely to grow significantly over the next years, rising from USD 1.6 billion in 2023 to USD 3.0 billion by 2028. Over the course of the projection period, this growth is anticipated to occur at a compound annual growth rate (CAGR) of 13.5%. Numerous industries, including wind energy, maritime, automotive & transportation, aerospace & military, construction, and industrial areas, use core materials. The core materials business is quickly advancing thanks to strong end-user demand. Materials or substances utilized as the interior or central part of a building or product are known as core materials. These materials frequently serve as insulation, structural support, or in other specialized capacities. Core materials might vary based on the particular use, but some common core materials are foams, honeycomb, and balsa wood.

• Published: March 2024

Yeast Market Size & Share - Industry Growth Predictions

The global yeast market size is on a trajectory of significant expansion, projected to reach USD 8.5 billion by 2029 from the 2024 valuation of USD 5.5 billion, displaying a promising CAGR of 8.9%.

• Published: March 2024

Yeast Industry – Upcoming Growth Trends in the Global Market

The global yeast market is on a trajectory of significant expansion, projected to reach USD 8.5 billion by 2029 from the 2024 valuation of USD 5.5 billion, displaying a promising CAGR of 8.9%.

• Published: March 2024

Cold Chain Market Size & Share - Future Growth Predictions

The global cold chain market size is on a trajectory of significant expansion, with an estimated value projected to reach USD 372.0 billion by 2029 from the 2024 valuation of USD 228.3 billion, displaying a promising Compound Annual Growth Rate (CAGR) of 10.3%.

• Published: March 2024

Cold Chain Industry - Upcoming Growth Trends in the Global Market

The global cold chain market is on a trajectory of significant expansion, with an estimated value projected to reach USD 372.0 billion by 2029 from the 2024 valuation of USD 228.3 billion, displaying a promising Compound Annual Growth Rate (CAGR) of 10.3%.

• Published: March 2024

Top Companies in Decision Intelligence - IBM (US), Oracle (US) and Google (US)

The decision intelligence market is expected to grow from USD 13.3 billion in 2024 to USD 50.1 billion in 2030, at a CAGR of 24.7% during the forecast period. The exponential growth of digital data from various sources improvements in Al and machine learning technologies the need for real-time insights for agile decision-making an emphasis on improving customer experiences and industry-specific applications is all driving significant growth in the global decision intelligence market. Businesses across sectors use decision intelligence tools to simplify decision-making processes which improve decision results and gain a competitive advantage and massive datasets for relevant insights. This market trend deepens the growing recognition of data-driven decision-making as a strategic imperative for organizations worldwide.

• Published: March 2024

Top Companies in Recloser Industry - NOJA Power Switchgear Pty Ltd (Australia), Schneider Electric (France) and Eaton (Ireland)

The global recloser market is projected to grow from an estimated USD 1.1 billion in 2024 to USD 1.5 billion by 2030, demonstrating a CAGR of 5.0% during this six-year period. A recloser can be defined as an automatic circuit interrupting device  which is used in medium and low voltage distribution networks for power protection and fault isolation. It is a high-voltage electric switch with the unique characteristic of automatically opening and closing in response to a detected fault on the power line. Reclosers employ sensors to detect various fault conditions on the power line, such as short circuits or overcurrents. Upon detecting a fault, the recloser automatically opens the circuit, isolating the faulted section. Reclosers can be programmed with multiple reclose attempts with pre-defined time intervals. The goal is to clear temporary faults while isolating persistent faults. If the fault is temporary and clears after the reclosing sequence, the recloser automatically restores power to the unaffected sections of the line. Key players in the recloser market encompass ABB (Switzerland), General Electric (US), Siemens (Germany), Schneider Electric (France), Eaton (Ireland), NOJA Power Switchgear Pty Ltd (Australia), Hubbell (US), S&C Electric company (US), Tavrida Electric (Estonia), and Arteche Group (Spain).

• Published: March 2024

Wireless Testing Companies - SGS Group (Switzerland) and Bureau Veritas (France) are the Key Players

The wireless testing market is projected to grow from USD 22.6 billion in 2024 to USD 34.1 billion by 2029, registering a CAGR of 8.6% during the forecast period. The wireless testing market is growing due to advancements in wireless technology, increasing focus on deployment of 5G network, and rising global adoption of smartphones and smart gadgets. High investments involved in establishing electromagnetic compatibility (EMC) testing facilities, however, is anticipated to limit industry expansion.

• Published: March 2024

Top Companies in Cold Chain Industry - Americold Logistics, Inc. (US), Lineage, Inc. (US), and Nichirei Corporation (Japan)

The cold chain market, currently valued at USD 228.3 billion in 2024 and poised to achieve a 10.3% CAGR, reaching USD 372.0 billion by 2029, is experiencing transformative shifts and innovations.  The cold chain involves the storage, transportation, and distribution of perishable products within a specific temperature range to prevent spoilage, contamination, or degradation. The market for cold chain solutions is being significantly driven by evolving consumer preferences, particularly a shift towards convenience and ready-to-cook foods. As urbanization and hectic lifestyles become more prevalent, consumers are increasingly seeking out convenient meal solutions that require minimal preparation time without compromising on quality. This shift in demand is propelling the growth of the cold chain market as manufacturers and retailers strive to meet the needs of this segment by offering a wide range of perishable products that are pre-packaged, pre-cooked, or ready-to-eat.

• Published: March 2024

Semiconductor & IC Packaging Materials Companies - LG Chem Ltd. (South Korea) and Jiangsu ChangJian Technology Co., Ltd. (China) are Leading Players in the Semiconductor & IC packaging materials Market

The semiconductor & IC packaging materials market is projected to reach USD 70.9 billion by 2029, at a CAGR of 10.1% from USD 43.9 billion in 2024. The market growth is driven by increasing demand from consumer electronics industry, growing miniaturization and densification in the electronic sector and adoption of emerging technologies like 5G and autonomous vehicles.

• Published: March 2024

Aircraft Landing Gears Companies - Collins Aerospace (US) and Safran (France) are the Key Players

The market for the Aircraft Landing Gears Market is expected to grow rapidly, reaching USD 9.1 billion by 2028, from USD 7.1 billion in 2023, at a CAGR of 5.0%. The increasing focus on replacing the old aircraft and growing air travel passengers is driving the demand for aircraft landing gear. Also, the rising demand for light aircraft is driving technological advancement in the aircraft landing gears market.

• Published: March 2024

Top Companies in Non-meat Ingredients Industry - Kerry Group plc. (Ireland), Ingredion (US) and Associated British Foods plc (UK)

The non-meat ingredients market, currently valued at USD 41.2 billion in 2024 and poised to achieve a 4.4% CAGR, reaching USD 51.1 billion by 2029, is experiencing transformative shifts and innovations.  Non-meat ingredients play a pivotal role in the global demand for processed meat products. They are essential for enhancing flavor, texture, and appearance, but their significance extends far beyond mere taste. The inclusion of non-meat ingredients in meat processing serves a crucial function in extending shelf life and safeguarding against microbial contamination. In the meat industry, where perishability is a constant concern, non-meat ingredients act as preservatives, inhibiting the growth of microorganisms such as fungi and bacteria. By controlling microbial proliferation, these additives help maintain product quality and safety, reducing the risk of spoilage and foodborne illnesses. Preservatives like nitrites and nitrates are commonly used to prevent bacterial growth and maintain the color of processed meats.

• Published: March 2024

Automotive Ceramics Companies - Market Leaders in Automotive Ceramics Market

The automotive ceramics market size is projected to grow from USD 2.4 billion in 2023 to USD 3.2 billion by 2028, registering a CAGR of 5.7% during the forecast period. The automotive ceramics market is propelled due to the increasing emphasis on lightweight materials for improved fuel efficiency and regulatory compliance. Additionally, the increasing acceptance of electric vehicles and advancements in ceramic technologies, which enhance durability and performance, continue to bolster the expansion of the market.

• Published: March 2024

Leading Companies in Organic Fertilizers Industry - Yara (Norway), ICL (Israel) and K+S Aktiengesellschaft (Germany)

The organic fertilizers market is estimated at USD 7.9 billion in 2024 and is projected to reach USD 13.6 billion by 2029, at a CAGR of 11.5% from 2024 to 2029.  The organic fertilizers market is witnessing growth due to various factors, primarily spurred by shifts in consumer preferences, environmental consciousness, and advancements in agricultural methods. Consumers are becoming increasingly aware of the potential health hazards associated with chemical fertilizers and synthetic additives commonly used in conventional farming. Consequently, many are turning to organic products, including foods cultivated with organic fertilizers, perceiving them as safer and healthier alternatives. Moreover, there's a rising emphasis on sustainable agriculture and environmental preservation, propelling the demand for organic fertilizers. These fertilizers, sourced from natural materials like compost, manure, and plant residues, not only enhance soil health and fertility but also mitigate the risk of environmental contamination and soil depletion. This trend resonates with the global movement towards sustainable and eco-friendly farming practices, further stimulating the adoption of organic fertilizers.

• Published: March 2024

Optical Transceiver Companies - Coherent Corp. (US) and INNOLIGHT (China) are the Key Players

The optical transceiver market is valued at USD 13.6 billion in 2024 and is expected to reach USD 25.0 billion by 2029, growing at a CAGR of 13.0% from 2024 to 2029. Factors such as the increasing adoption of smart devices and rise in data traffic, and growing demand for cloud-based services are expected to drive market growth during the forecast period. As the use of smart devices becomes more widespread among individuals and businesses, the need for fast and more reliable data transmission is increasing rapidly. Smartphones alone are becoming more sophisticated, supporting high-definition video streaming, augmented reality applications, and other data-intensive functionalities. This surge in the usage of smart devices results in a higher volume of data traffic crossing networks. This, in turn, creates a high demand for optical transceivers that can handle this data surge efficiently while maintaining low latency.

• Published: March 2024

Silicone Elastomers Companies - Dow Inc. (US) and Momentive Performance Materials Inc. (US) are Leading Players in the Silicone Elastomers Market

In terms of value, the silicone elastomers market is estimated to grow from USD 8.6 billion in 2024 to USD 12.3 billion by 2029, at a CAGR of 7.4%. Rising demand for silicone elastomers from industries such as building & construction, foams, automotive & transportation, electrical & electronics, healthcare, consumer goods, and others for a variety of applications is leading the market. During the forecast period, this is anticipated to expand the silicone elastomers market even more.

• Published: March 2024

Probiotics Market Size & Share - Future Growth Predictions

The global Probiotics market size is estimated to be valued at USD 71.2 billion in 2024 and is projected to reach USD 105.7 billion by 2029, recording a CAGR of 8.2%.

• Published: March 2024

Probiotics Industry - Latest Regulatory Trends Impacting the Global Market

The global probiotics market size is estimated to be valued at USD 71.2 billion in 2024 and is projected to reach USD 105.7 billion by 2029, recording a CAGR of 8.2%. This growth is primarily attributed to a confluence of factors, including:

• Rising consumer awareness of gut health's link to overall well-being
• Growing preference for preventive healthcare
• Innovation in delivery methods and targeted strains

• Published: March 2024

Top Trends Shaping the Global Micro Mobile Data Center Market

The micro mobile data center market trends is set to grow at a robust CAGR of 13.3% from 2024 to 2029, increasing from USD 5.2 billion to USD 9.6 billion. This growth is driven by the rising demand for edge computing, which necessitates faster data processing and lower latency, especially for applications like IoT and autonomous vehicles. Additionally, the adoption of micro mobile data centers is spurred by their suitability for remote and challenging environments, the integration with 5G and AI technologies, and a growing focus on energy efficiency and sustainability. These compact, portable data centers are becoming essential for industries needing localized, rapid data processing capabilities.

• Published: March 2024

Top Probiotics Companies - Probi (Sweden), Nestlé (Switzerland) and International Flavors & Fragrances Inc. (US)

The global Probiotics market size is estimated to be valued at USD 71.2 billion in 2024 and is projected to reach USD 105.7 billion by 2029, recording a CAGR of 8.2% in terms of value. The surging demand for probiotics stems from a confluence of factors. Heightened health awareness fosters interest in preventive measures, with probiotics perceived as a natural approach to gut health. Additionally, the growing prevalence of digestive disorders and concerns over antibiotic resistance propel the market. The functional food trend and mounting scientific evidence on the potential benefits of probiotics for various health conditions further fuel consumer interest.

• Published: March 2024

Electric Heat Tracing Companies - nVent Electric PLC (UK) and Thermon Group Holdings (US) are the Key Players

The global electric heat tracing market is expected to be valued at USD 2.96 billion in 2024 and is projected to reach USD 4.34 billion by 2029; it is expected to grow at a CAGR of 7.9% from 2024 to 2029. Product launches, acquisitions, partnerships, collaborations, agreements, and expansions are the major growth strategies adopted by the market players. These strategies have enabled them to efficiently fulfill the growing demand for Electric heat tracing from different verticals and expand their global footprint by offering their services in all the major regions.

• Published: March 2024

Microgrid Controller Companies - Schneider Electric (France) and General Electric (US) are the Key Players

The microgrid controller market is expected to reach USD 18.7 billion by 2029 from USD 6.8 billion in 2024, at a CAGR of 22.6% during the 2024-2029 period. The major players in the microgrid controller manufacturers includes Schneider Electric (France), General Electric (US), ABB (Switzerland), Siemens (Germany), Eaton (Ireland), Schweitzer Engineering Laboratories, Inc. (US), Honeywell International Inc. (US), Caterpillar (US), S&C Electric Company (US), Power Analytics Corporation (US), Cummins Inc. (US), Tesla Energy (US), Emerson Electric Co. (US), HOMER Energy (US), Hitachi Energy Ltd. (Switzerland), Pareto Energy (US), Encorp (US), Powerhive (Kenya), Enchanted Rock (US), AutoGrid Systems, Inc. (US), Heila Technologies (US), Ameresco, Inc. (US), PowerSecure, Inc. (US), Canopy Power (Singapore), Scale Microgrid Solutions LLC (US), and Spirae, LLC (US).

• Published: March 2024

Factors Driving Growth of Micro Mobile Data Centers

Throughout the projected period, the tiny mobile data center market size is anticipated to expand at a Compound Annual Growth Rate (CAGR) of 13.3%, rising from USD 5.2 billion in 2024 to USD 9.6 billion by 2029. The requirement for edge computing solutions, as well as the need for quicker data processing and lower latency, are anticipated to fuel the growth of mini mobile data centers.

• Published: March 2024

Building Thermal Insulation Companies - Kingspan Group PLC (UK), Knauf Gips KG (Germany) are Leading Players in the Building Thermal Insulation Market

In terms of value, the building thermal insulation market is estimated to grow from USD 29.2 billion in 2023 to USD 37.0 billion by 2028, at a CAGR of 4.8%. Rising demand of building thermal insulation from industries such as wall insulation, roof insulation, and floor insulation for variety of applications is leading the market. During the forecast period, this is anticipated to expand the building thermal insulation market even more.

• Published: March 2024

Top Companies in Cell Expansion Market: Thermo Fisher Scientific Inc. (US), Danaher Corporation (US) and Merck KGaA (Germany) are the Leading Players

The cell expansion market is projected to reach USD 26.7 billion by 2029 from an estimated USD 14.3 billion in 2024, at a CAGR of 13.3% during the forecast period. The major factors driving the growth of this cell expansion market include growing need for cell and gene therapy, rising focus on personalized medicine, and increasing investments in cell-based research.

• Published: March 2024

Sulfur Dust Companies - Grupa Azoty (Poland) and Jaishil Sulfur and Chemical Industries (India) are Leading Players in the Sulfur Dust Market

The global sulfur dust market is projected to decline from USD 1.3 billion in 2023 to USD 1.1 billion by 2028, at a CAGR of -3.0% during the forecast period. The sulfur dust market is driven by its wide range of applications in different sectors. Sulfur dust is widely used in agriculture as a vital ingredient in fertilizers, enhancing crop output and improving soil fertility. It also plays a major role in the rubber, chemical, and pharmaceutical industries for vulcanization, drug production, and chemical synthesis, respectively. Moreover, the market's expansion is also fueled by the world's growing need for agrochemicals, the growing emphasis on sustainable farming methods, increased R&D expenditure in the fields of renewable energy and electric vehicles (EVs), as well as growing popularity as a dermatological element in the pharmaceutical industry.

• Published: March 2024

Defense Electronics Obsolescence Companies - Raytheon Technologies Corporation (US) and BAE Systems (UK) are the Key Players

Defense electronics obsolescence market is projected to grow from USD 2.5 billion in 2023 to USD 3.7 billion by 2028, at a CAGR of 8.2% during the forecast period. As technologies rapidly evolve, older systems quickly become outdated, necessitating upgrades or replacements. This has spurred the emergence of a thriving market dedicated to addressing obsolescence issues within defense electronics. Manufacturers, military entities, and specialized service providers are all actively involved in finding innovative solutions to extend the lifespan of critical systems while preparing for future upgrades. This market demands cost-effective, reliable, and interoperable solutions, making strategic partnerships and forward-thinking strategies essential for success in navigating the complexities of technological advancement within the defense sector.

• Published: March 2024

Top Companies in Large Language Model (LLM) Industry - OpenAI (US), Microsoft (US), NVIDIA (US) and AWS (US)

The global Large Language Model (LLM) Market is projected to register a CAGR of 33.2% during the forecast period, reaching USD 36.1 billion by 2030 from an estimated USD 6.4 billion in 2024. The growth of large language model solutions is propelled by a convergence of factors. These include growing availability of large datasets, advancements in deep learning algorithms and rising demand for automated content creation and curation.

• Published: March 2024

Top Companies List of Self-Sovereign Identity (SSI) Industry - IDEX Biometrics (Norway), NEC (Japan) | MarketsandMarkets

The global self-sovereign identity (SSI) market size is projected to grow from USD 1.8 billion in 2024 to USD 47.1 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 90.5% during the forecast period. The expansion of self-sovereign identity is propelled by its critical role in revolutionizing healthcare data management and enhancing patient privacy and trust. SSI ensures seamless interoperability across healthcare systems by empowering individuals with control over their health information, enabling efficient and secure data sharing.

• Published: March 2024

Ink Additives Companies - Atlanta AG (Germany), BASF SE (Germany) are Leading Players in the Ink Additives Market

The global ink additives market size was USD 2.3 billion in 2024 and is projected to reach USD 2.9 billion by 2029, at a CAGR of 5.3% between 2024 and 2029. The rise is attributed to growing applications, ink industry technological developments, and expanding demand from the packaging sector in Asia-Pacific, particularly from China, Vietnam, Indonesia, and India.

• Published: March 2024

Top Companies in Optometry Equipment Market - Carl Zeiss Meditec AG (Germany) and EssilorLuxottica (France) are the Leading Players

The global optometry equipment market is valued at an estimated USD 4.5 billion in 2024 and is projected to reach USD 6.1 billion by 2029, at a CAGR of 6.4% during the forecast period. The growing incidence of eye conditions, the aging population, and technical developments in optometry equipment are driving factors in the optometry equipment market.

• Published: March 2024

Smart Railways Market Trends - Global Growth Projections

According to MarketsandMarkets, the global market for smart railways will be worth USD 43.0 billion by 2027, up 8.3% from USD 28.9 billion in 2022.

Demand for efficient rail operations, high demographic growth, hyper-urbanization, technological advancements aimed at improving customer experience, a surge in government initiatives and Public-Private Partnerships (PPP), and the deployment of loT and automation technologies to improve the efficiency of smart railways are some of the key factors driving the smart railways market.

• Published: March 2024

Top Companies in Monoclonal Antibody (mABs) Therapeutics Market: Hoffmann-La Roche Ltd (Switzerland) and Johnson & Johnson Services, Inc. (US) are the Leading Players

The monoclonal antibody therapeutics market is projected to reach USD 497.5 billion by 2029 from an estimated USD 252.6 billion in 2024, at a CAGR of 14.5% during the forecast period. The major factors driving the growth of this monoclonal antibody therapeutics market include increasing prevalence of chronic diseases, advancements in biotechnology, growing investment in R&D, rising demand for targeted therapies, expanding applications in cancer and autoimmune diseases, and favorable regulatory initiatives fostering innovation and market expansion.

• Published: March 2024

Satellite Solar Cells Materials Companies - SPECTROLAB(US) and AZUR SPACE Solar Power GmbH (Germany) are Leading Players in the Satellite Solar Cell Materials Market

The satellite solar cell materials market is projected to reach USD 96 million by 2030, at a CAGR of 13.7% from USD 44 million in 2024. Demand from driving factors like space exploration plays a pivotal role in fueling the satellite solar cells market. The demand for sophisticated technologies, such as satellite solar cells, arises from the necessity for efficient power generation in space missions.

• Published: March 2024

Top Companies in Medical Robots Market: Intuitive Surgical, Inc. (US) and Stryker Corporation (US) are the Leading Players

The medical robots market is projected to reach USD 33.8 billion by 2029 from USD 16.0 billion in 2024, at a CAGR of 16.1% from 2024 to 2029. Medical robots are employed in numerous fields—for example, operating medical robots are used to perform certain surgeries. They are also used in rehabilitation therapy and dispensing medicines in hospitals and pharmacies. The major types of medical robots are surgical robots, hospital and pharmacy robots, rehabilitation robots, and noninvasive radiosurgery robots. Surgical robots dominate the overall medical robots market. The growth of this market is driven by the aging population and rising chronic diseases, technological advancements, increasing need for automation in healthcare, improving reimbursement scenarios, and advancements in healthcare funding & infrastructure. However, the high cost of the robotic systems inhibits the market growth.

• Published: March 2024

Rice Husk Ash Companies - Usher Agro Limited (India) and KRBL Ltd. (India) are Leading Players in the Rice Husk Ash Market

The global rice husk ash market is projected to grow from USD 2.6 billion in 2023 to USD 3.2 billion by 2028, at a CAGR of 4.5 % during the forecast period. The primary function of rice husk ash (RHA) is to serve as a pozzolanic material, which means it contributes to improving the long-term strength and durability of concrete when mixed with cement. Widely used for building & construction, silica, steel industry, rubber, ceramics & refractory industry.

• Published: March 2024

Top Companies in Exposure Management - Tenable (US), CrowdStrike (US), CyCognito (US) & Adarma (Scotland)

The global Exposure Management market size is projected to grow from USD 2.2 billion in 2024 to USD 7.6 billion by 2029 at a CAGR of 28.3% during the forecast period.

The exposure management market is driven by various factors, among which the rising number of cybersecurity threats and targeted attacks stands out as a primary catalyst. It is compounded by rapid digitalization and cloud adoption, expanding the attack surface and introducing new vulnerabilities. Additionally, the landscape is further shaped by stringent regulatory compliance and data protection laws, requiring businesses to adopt proactive measures to safeguard sensitive data and ensure privacy. This regulatory pressure mandates the adoption of robust security practices and highlights the importance of compliance as a driver for the market. Together, these drivers fuel the demand for exposure management solutions to navigate the complex cybersecurity challenges of today's digital world.

• Published: March 2024