Research Insight

Machine-to-machine (M2M) Connections Companies - China Mobile International Limited (China) and Vodafone Group Plc (UK) are the Key Players

The machine-to-machine (M2M) connections market is projected to grow from USD 2.9 billion units in 2024 to USD 5.3 billion units by 2029, registering a CAGR of 12.7% during the forecast period. The machine-to-machine (M2M) connections market is growing due to increasing penetration of internet and IoT devices, increasing support by the government towards M2M connections, and the emergence of M2M devices in telemedicine. The lack of standardization in connectivity protocols, however, is anticipated to limit industry expansion.

• Published: January 2024

Interposer and Fan-out Wafer Level Packaging Companies - Taiwan Semiconductor Manufacturing Company, Ltd. (Taiwan) and SK HYNIX INC. (South Korea) are the Key Players

The global interposer and fan-out wafer level packaging (FOWLP) market is expected to be valued at USD 35.6 billion in 2024 and is projected to reach USD 63.5 billion by 2029; it is expected to grow at a CAGR of 12.3% from 2024 to 2029. Market participants have adeptly addressed rising advanced packaging demands in diverse industries, extending their global reach through strategic growth approaches like introducing new products, fostering collaborations, establishing alliances, forging partnerships, and expanding their operations.

• Published: January 2024

Top Companies in Virtual Power Plant Industry - Siemens (Germany), Schneider Electric (France), General Electric (US) & Tesla (US)

The global virtual power plant (VPP) market is forecast to reach USD 5.5 billion by 2029 from an estimated USD 1.9 billion in 2024, at a CAGR of 23.4% during the forecast period (2024-2029). Seamless integration with renewable sources such as solar and wind, and need to mitigate impact of intermittent renewable sources  are the key factors driving the Virtual power plant  market.

• Published: January 2024

Advanced Magnetic Materials Companies - Hitachi Metals Ltd. (Japan) and TDK Corporation (Japan) are Leading players in the Advanced Magnetic Materials Market

The advanced magnetic materials market is projected to grow from USD 24.2 billion in 2023 to USD 38.2 billion by 2028, at a CAGR of 9.5% during the forecast period. The prices of advanced magnets depend on the composition of magnets and raw materials used in their manufacturing. Raw ingredients required in the production of advanced magnets are aluminum, iron, cobalt, nickel, and other rare earth elements such as neodymium, dysprosium, and samarium. The composition of advanced magnets varies depending upon the requirements of the end-use industry. The fixed costs of producing advanced magnets are on the higher side. The only way to reduce the fixed cost is to increase their production volume.

• Published: January 2024

Top Companies in Phishing Protection - Barracuda (US), Paubox (US), and Proofpoint (US)

The global phishing protection market is estimated to be worth USD 2.2 billion in 2023 and is projected to reach USD 4.1 billion by 2028, at a CAGR of 13.5% during the forecast period. The driving force behind the robust growth of the phishing protection market is the relentless and ever-evolving nature of cyber threats, particularly phishing attacks.

As cyber criminals deploy increasingly sophisticated tactics, such as spear phishing and social engineering, organizations across various industries must invest significantly in advanced cybersecurity measures. The escalating frequency and severity of phishing incidents and the imperative to protect sensitive data and intellectual property and maintain regulatory compliance underscore the critical need for comprehensive phishing protection solutions. The pervasive adoption of digital communication channels, the rise of remote work scenarios, and the increased reliance on cloud-based services amplify the demand for innovative technologies that can effectively detect, prevent, and mitigate the risks associated with phishing attacks. In the dynamic and challenging cybersecurity landscape, the phishing protection market plays a pivotal role in developing adaptive strategies and technologies to stay ahead of evolving threats and safeguard the integrity of digital ecosystems.

• Published: January 2024

Wireless Charging Companies - Energizer (US) and SAMSUNG (South Korea) are the Leading Players

The wireless charging market is estimated to be worth USD 6.4 billion in 2024 and is projected to reach USD 16.0 billion by 2029 at a CAGR of 20.3% during the forecast period. The market growth for wireless charging is attributed to the increasing demand for wireless charging in electric vehicles, rising demand of smart and portable devices.

• Published: January 2024

IT Asset Disposition Companies - Dell Inc. (US) and IBM (US) are the Key Players

The IT asset disposition market is valued at USD 18.4 billion in 2024 and is anticipated to be USD 26.6 billion by 2029, growing at a CAGR of 7.6% from 2024 to 2029. Factors such as the adoption of circular economy principles into IT asset management strategies, and need to comply with regulatory compliances meant for environment safety are expected to drive market growth during the forecast period. As companies become more cognizant of environmental impact and resource conservation, there is a growing emphasis on incorporating circular economy principles into their IT asset management strategies.

• Published: January 2024

Top Companies in Recombinant Proteins Market: Thermofisher Scientific Inc (US), Merck KGaA (Germany), Bio-Techne (US) are the Leading Players

The recombinant proteins market is projected to reach USD 3.2 Billion by 2028 from USD 2.2 Billion in 2023, at a CAGR of 7.2% during the forecast period. Growth in the recombinant proteins market can be attributed to factors such as rising incidence of chronic diseases, increasing demand for biologics and biosimilars due to patent expirations, increasing government support for R&D and growing preference for personalized medicine.

• Published: January 2024

Top Companies in Bottled Water Processing Industry - DuPont (US), GEA Group Aktiengesellschaft (Germany) , Alfa Laval (Sweden), Nestlé (Switzerland) and The Coca-Cola Company (US)

The bottled water processing market comprises the bottled water market and the bottled water equipment market. The bottled water equipment market is estimated at USD 7.2 billion in 2023 and is projected to reach USD 9.5 billion by 2028, at a CAGR of 5.7% from 2023 to 2028.

• Published: January 2024

Education Smart Display Companies - SAMSUNG (South Korea) and LG Electronics (South Korea) are the Key Players

The education smart display market is projected to reach USD 4.1 billion by 2029 from USD 3.4 billion in 2024 at a CAGR of 4.0% during the forecast period. Digital transformation in learning, rising demand for collaborative learning, and technological advancements, emphasis on interactive learning experiences, integration of IoT and AI in educational tools are the major factors driving the market growth.

• Published: January 2024

New Revenue Pocket - Automotive Market Outlook

The global passenger vehicles and commercial vehicles combined sales was 92 million units in 2023 and is projected to 95 million units in 2024, witnessing a YoY growth of 3.1% from 2023 to 2024. The rising demand for electric vehicles, advanced safety and connectivity in vehicles are the trends shaping the market. The market leaders operating in the automotive market are Toyota, Nissan, Volkswagen, Hyundai, General Motors with over 25% of the market share. Whereas BYD, Tesla and Volkswagen are the major shareholders in the EV market. The passenger vehicles share dominates the automotive market. China leads the in sales of passenger vehicle globally, whereas the US dominates the sales of commercial vehicles. Moreover, the sales of EV units are highest in the Asian region.

• Published: January 2024

Top Companies in Employee Experience Management - Qualtrics (US) & Oracle (US)

The employee experience management market is projected to grow from USD 6.8 billion in 2023 to USD 11.1 billion by 2028 at a CAGR of 10.2% during the forecast period. Fueled by rising mental health awareness, organizations prioritize employee well-being through mindfulness programs, flexible work arrangements, and stress management initiatives. This leads to a happier, healthier workforce with reduced absenteeism and increased productivity, making companies more attractive to top talent.

• Published: January 2024

Top Intelligent Building Automation Technologies Companies - ABB Ltd. (Switzerland), Schneider Electric SE (France) | MarketsandMarkets

The global intelligent building automation technologies market size is projected to grow from USD 90.2 billion in 2023 to USD 152.4 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 11.0% during the forecast period. The integration of edge computing in intelligent building automation represents a transformative leap in real-time data processing capabilities. By shifting computational tasks closer to the data source within the building infrastructure, edge computing ensures that critical information is processed instantaneously. This results in significantly quicker response times, minimizing delays and optimizing the overall performance of building automation systems.

• Published: January 2024

Solvent Recovery and Recycling Companies - Market Leaders in Solvent Recovery and Recycling Market

The global solvent recovery and recycling market size is estimated to be USD 1,384 million by 2028 from USD 1,085 million in 2023, at a CAGR of 5.0%. The market growth is driven by stringent regulations promoting the reduction of emissions and hazardous waste, Increasing demand for solvent recovery in end-use industries, and financial benefits through reduced procurement costs and waste disposal expenses. However, high initial capital investment of solvent recovery systems, and solvent recovery systems require significant space and specific infrastructure restrain the solvent recovery and recycling market.

• Published: January 2024

Top Companies List of Cloud Mobile Backend as a Service (BaaS) Industry - Rackspace Technology (US), BrainCloud (Canada) | MarketsandMarkets

The global cloud mobile BaaS market to grow from USD 4.1 billion in 2023 to USD 9.2 billion by 2028 at a compounded annual growth rate (CAGR) of 17.5% during the forecast period. Cloud mobile BaaS refers to a type of cloud computing service that provides backend infrastructure and support for mobile applications. It is designed to simplify and accelerate the development of mobile applications by offloading backend tasks and services to the cloud. It helps mobile developers focus more on building the front-end and user experience of their applications without having to worry about managing the server-side infrastructure.

• Published: January 2024

Top Companies in Carrier Screening Market - Natera, Inc.(Italy) and Quest Diagnostics Incorporated (US) are the Leading Players

The global Carrier Screening Market is expected to reach USD 5.4 billion by 2028 from USD 2.2 billion in 2023, at a CAGR of 19.7% during the forecast period. The growth of this market is majorly driven by Increasing emphasis on early disease detection and prevention. However, Lack of skilled professionals is one of the challenges for which may obstruct the growth of this market.

• Published: January 2024

Cleanroom Lighting Companies - Signify Holding (Netherlands) and Wipro Lighting (India) are the Key Players

The Cleanroom Lighting market is projected to reach USD 1.1 billion by 2029 from USD 0.9 billion in 2024; it is expected to grow at a CAGR of 5.4% from 2024 to 2029. Cleanroom lighting is a specialized segment within the broader lighting industry, catering to environments where maintaining a high level of cleanliness and control over particles is crucial. Cleanrooms are commonly found in industries such as pharmaceuticals, biotechnology, semiconductor manufacturing, healthcare, and aerospace. The need for controlled environment with extremely low levels of pollutants in manufacturing industries and stringent regulations in healthcare and food processing industries to prevent contamination of products to drive the growth of this market.

• Published: January 2024

Top Companies in Automotive Smart Antenna Industry - Continental AG (Germany) and Denso Corporation (Japan) are Leading Players

The automotive smart antenna market is estimated to grow from USD 2.5 billion in 2023 to USD 5.2 billion by 2030 at a CAGR of 10.9% during the forecast period. The automotive smart antenna market is growing due to increased demand for connected car & in-vehicle infotainment features in autonomous and electric vehicles, which is projected to boost the adoption of smart antennas during the forecast period. Automotive smart antennas offer better data transfer and are compatible with 5G technology, making them suitable for future vehicles. Hence, these factors are driving the automotive smart antenna market.

• Published: January 2024

Top Companies List of Social Media Analytics - Oracle (US), Adobe (US) and Sprout Social (US)

The global Social Media Analytics Market size is projected to grow from USD  4.8 billion in 2023 to USD 14.6 billion by 2028, at a CAGR of 24.9% during the forecast period. The social media analytics market is evolving rapidly with a focus on extracting actionable insights from the vast sea of digital data. Businesses are using advanced tools and solutions for comprehensive social media data analytics, providing real-time metrics and performance dashboards. With an emphasis on user engagement analytics and predictive analysis, companies make informed decisions based on data-driven insights. Social media listening tools enable organizations to monitor and respond to online sentiments effectively. The market also emphasizes customizable analytics solutions, allowing businesses to tailor their reporting to specific needs. Automation plays a key role, in simplifying the process of gathering and analyzing cross-platform data.

• Published: January 2024

Extruded Polystyrene Companies - Kingspan Group PLC (Ireland) and Owens Corning (US) are Leading Players in the Extruded Polystyrene Market

In terms of value, the extruded polystyrene market is estimated to grow from USD 5.6 billion in 2023 to USD 6.9 billion by 2028 at a CAGR of 4.3%. Rising demand for extruded polystyrene from industries such as residential, commercial, and others for a variety of applications is leading the market. During the forecast period, this is anticipated to expand the extruded polystyrene market even more.

• Published: January 2024

Top Ketones Companies: Perfect Keto ( Us), H.V.M.N. Inc. (US), Ketologic (US), Pruvit Ventures, Inc. (US), Ketoneaid (US) are Increasing their Respective Market Shares Steadily Through Expansion and New Product Launches in Ketones Market

The global ketones market is witnessing significant growth, with an estimated value projected to reach USD 818.9 million by 2029 from the 2024 valuation of USD 594.9 million, indicating a substantial Compound Annual Growth Rate (CAGR) of 6.6%. This market encompasses various sectors, including pharmaceuticals, food and beverages, and dietary supplements, where ketones are utilized for their potential health and nutritional benefits. The demand for ketone-based products, such as exogenous ketones or ketone supplements, is influenced by factors like health and wellness trends, ketogenic diets, and fitness regimes.

• Published: January 2024

Top Companies in Theranostics Market: Advanced Accelerator Applications (France), Bayer AG (Germany) are the Leading Players

The global theranostics market is projected to reach USD 4.3 billion by 2028 from USD 2.1 billion in 2023, at a CAGR of 15.5% from 2023 to 2028. The rising prevalence of targeted diseases and increasing number of theranositcs center to fuel the market growth.

• Published: January 2024

Protein Hydrolysates Companies: Azelis Group (Belgium), Frieslandcompina (Netherlands) and Tatua (New Zealand) are the Leading Players

The protein hydrolysates market, currently valued at USD 3.3 billion in 2023 and poised to achieve a 5.6% CAGR, reaching USD 4.3 billion by 2028, is experiencing transformative shifts and innovations. The global market for protein hydrolysates is an ever-changing and varied segment within the food industry, comprising items such as milk protein hydrolysates, meat protein hydrolysates, plant protein hydrolysates, egg protein hydrolysates, and yeast protein hydrolysates. In recent years, there has been a consistent rise in the demand for protein hydrolysates, propelled by various factors, and this trend shows no signs of slowing down.

• Published: January 2024

Protein Hydrolysate Industry: Latest Regulatory Trends Impacting the Global Industry

The global protein hydrolysate market is on a trajectory of significant expansion, with an estimated value projected to reach USD 4.3 billion by 2028 from the 2023 valuation of USD 3.3 billion, displaying a promising Compound Annual Growth Rate (CAGR) of 5.6%.

• Published: January 2024

Protein Hydrolysate Market Size & Share: Competitive Landscape, Growth Drivers

The global protein hydrolysates market is on a trajectory of significant expansion, with an estimated value projected to reach USD 4.3 billion by 2028 from the 2023 valuation of USD 3.3 billion, displaying a promising Compound Annual Growth Rate (CAGR) of 5.6%.

• Published: January 2024

Ketones Market Size & Share Analysis for Future Growth

The global ketones market is witnessing significant growth, with an estimated value projected to reach USD 818.9 million by 2029 from the 2024 valuation of USD 594.9 million, indicating a substantial Compound Annual Growth Rate (CAGR) of 6.6%.

• Published: January 2024

Ketones Industry - Latest Trends Fuelling the Market Growth

The global ketones market is witnessing significant growth, with an estimated value projected to reach USD 818.9 million by 2029 from the 2024 valuation of USD 594.9 million, indicating a substantial Compound Annual Growth Rate (CAGR) of 6.6%. 

• Published: January 2024

Industry 5.0 Companies - ABB and Honeywell International Inc. are the Key Players

The global Industry 5.0 market is expected to grow from USD 65.8 billion in 2024 to USD 255.7 billion in 2029 at a CAGR of 31.2% during the forecast period. The expansion of the Industry 5.0 market is driven by several factors, including rapid technological advancements in artificial intelligence, robotics, the Internet of Things (IoT), and industrial 3d printing. This evolution responds to the increasing demand for customized products and personalized experiences, fostering a human-centric approach to manufacturing that empowers workers with advanced tools and technologies.

• Published: January 2024

Battery Separators Companies - Asahi Kasei Corporation (Japan) and ENTEK (US) are Leading Players in the Battery Separators Market

The global battery separators market is projected to grow from USD 6.3 billion in 2023 to USD 13.0  billion by 2028, at a CAGR of 15.7% during the forecast period. The primary function of battery separators is to separate the positive and negative electrodes by utilizing a polymeric membrane positioned between the charged anode and cathode. Widely applied in consumer electronics, industrial settings, and the automotive industry, these separators play a crucial role in battery technology.

• Published: January 2024

Growth Factors for the Hosted PBX Market

The size of the worldwide hosted PBX market is expected to increase at a Compound Annual Growth Rate (CAGR) of 16.8%, from USD 11.5 billion in 2023 to USD 24.9 billion by 2028. The hosted PBX industry is growing rapidly because of its innate ability to avoid the large upfront costs associated with traditional phone systems. Businesses can avoid the costs involved in acquiring and maintaining a large-scale on-premises phone system by implementing a hosted PBX solution. This low-cost substitute simplifies financial concerns and offers enterprises of any size a means to obtain sophisticated communication capabilities without having to bear the heavy financial burden that comes with traditional systems.

• Published: January 2024

Emerging Trends in the Global 5G NTN Market

At a compound annual growth rate (CAGR) of 40.7%, the 5G NTN market is anticipated to increase from USD 4.2 billion in 2023 to USD 23.5 billion by 2028. Widespread and dependable connectivity are necessary for the expansion of the Internet of Things (IoT) and machine-to-machine (M2M) communication, which makes NTN solutions—including satellites—an essential part of the 5G ecosystem.

• Published: January 2024

Top Companies in Spinal Implants Market - Medtronic plc (Ireland) and Johnson & Johnson (Depuy Synthes) (US) are the Leading Players

The global spinal implants market is projected to reach USD 14.3 billion by 2028 from USD 11.2 billion in 2023, growing at a CAGR of 5.0% during the forecast period. Spinal disorders, such as herniated discs, fractures, stenosis, and degenerative disc diseases, are on the rise globally. Spinal implants are pivotal in hospitals and orthopedic centers, offering advanced and accurate surgery technologies for healthcare providers. The rising incidence of spinal disorders globally is driving the demand for spinal implants market. Advancements in spine surgery technologies, rising demand for minimally invasive surgical procedures, and Increasing regulatory support to manage spinal disorders in healthcare are a few drivers that collectively contribute to the growth of the spinal implants market, and as spine surgery technologies continue to evolve, the demand for spinal implants is expected to rise further in the coming years with more sensitive and specific minimally invasive spine surgical procedures by enhancing accuracy. However, Cost constraints can limit access, especially in regions with limited healthcare budgets and market growth.

• Published: January 2024

Health & Hygiene Packaging Companies: Berry Global (US) and Amcor Plc (Switzerland) are Leading Players in the Health & Hygiene Packaging Market

The global Health and hygiene Packaging market size is estimated to be USD 110.9 billion in 2023 and is projected to reach USD 148.0 billion at a CAGR of 5.9% during the forecast period. The market growth is driven by increasing concerns about infectious diseases driving the demand for packaging that ensures product integrity and minimizes contamination risks. The growing preference for convenient, single-use packaging and the rise of e-commerce also play pivotal roles in propelling the health and hygiene packaging market.

• Published: January 2024

Top Companies in Electric Mid- and Large (9-14m) Bus Industry - BYD Auto (Germany), Yutong (Germany), CRRC Electric (Japan), and AB Volvo (Japan) are the leadng players

The electric mid- and large (9-14m) bus market is projected to cross 171,000 units by 2030 from an estimated 66,593 units in 2023, at a CAGR of 14.4% during the forecast period. The base year for the report is 2022, and the forecast period is 2023 to 2030.

• Published: January 2024

List of top Industrial Networking Solutions Companies – Cisco (US) & Juniper Networks (US)

The global Industrial Networking Solutions Market size is projected to grow from USD 29.2 billion in 2023 to USD 73.3 billion by 2028, at a CAGR of 20.2% during the forecast period. The shift towards Industry 4.0 and brilliant production is a significant driver of industrial networking solutions. Manufacturers increasingly use automation, IoT (Internet of Things), and data analytics to boost efficiency and productivity.

• Published: January 2024

Top 10 Carbon Nanotube Uses and Applications

The carbon nanotube (CNT) market exhibits high growth potential and is projected to reach a market size of USD 2.3 billion by 2028 from USD 1.1 billion in 2023, at a CAGR of 14.6%. Asia Pacific is the largest carbon nanotube (CNT) market that is projected to register the highest CAGR during the forecasted period. This high growth is due to the growing demand from the automotive, electronics & semiconductors end-use industry.

• Published: January 2024

Top 8 Carbon Nanotube (CNT) Applications and Uses in Lithium-ion Batteries

The carbon nanotube (CNT) market accounted USD 1.1 billion in 2023 and is projected to reach a market size of USD 2.3 billion by 2028 at a CAGR of 14.6%. Asia Pacific is the largest carbon nanotube (CNT) market that is projected to register the highest CAGR during the forecasted period. This high growth is due to the growing demand from the automotive, electronics & semiconductors end-use industry.

• Published: January 2024

Top Pet Food Ingredients Companies - BASF SE (Germany), Darling Ingredients Inc (US) and Cargill, Incorporated (US)

The Pet Food Ingredients market is estimated at USD 34.2 billion in 2023 and is projected to reach USD 47.4 billion by 2028, at a CAGR of 6.8% from 2023 to 2028.

• Published: January 2024

Top Commercial Vehicle Telematics Software Companies - Trimble (US), Geotab (Canada) | MarketsandMarkets

The global commercial vehicle telematics software market is projected to register a CAGR of 14.3% during the forecast period, reaching USD 10.3 billion by 2028 from an estimated USD 5.2 billion in 2023. The growth of commercial vehicle telematics solutions is propelled by a convergence of factors. These include increasing need for efficient fleet management, rising demand forreduced fuel consumption and vehicle downtime and the growing awareness for predictive maintenance.

• Published: January 2024

Decorative Concrete Companies - PPG Industries, Inc. (US) and BASF SE (Germany) are Leading Players in the Decorative Concrete Market

The Global Decorative Concrete Market size is projected to grow from USD 18.3 billion in 2023 to USD 24.3 billion by 2028, at a CAGR of 5.8% from 2023 to 2028.

• Published: January 2024

Top Taste Modulators Companies: DSM (Netherlands), International Flavors & Fragrances Inc. (US), Givaudan (Switzerland), Kerry Group PLC (Ireland), and Ingredion (US)

The global taste modulators market size is estimated to be valued at USD 1.4 billion in 2023 and is projected to reach USD 2.0 billion by 2028, recording a CAGR of 7.4% in terms of value. The demand for taste modulators is rising due to a growing emphasis on healthier food options, as consumers seek reduced sugar, salt, and fat content without compromising taste. This trend aligns with health-conscious choices and the industry's response to changing dietary preferences for more balanced and flavorful alternatives.

• Published: January 2024

Interactive Display Companies - SAMSUNG (South Korea) and LG DISPLAY CO., LTD. (South Korea) are the Key Players

The Interactive Display Market is projected to reach from USD 12.5 billion in 2024 to USD 16.9 billion by 2029; it is expected to grow at a CAGR of 6.3% from 2024 to 2029. The increasing adoption of interactive displays can be attributed to their capacity to boost engagement, facilitate collaborative learning and working environments, leverage technological advancements, offer flexibility, create a visual impact, cater to retail and corporate requirements, align with digital signage trends, facilitate remote learning, become more cost-effective, provide user-friendly interfaces, and integrate data and analytics capabilities.

• Published: January 2024

Top Companies in Sweeteners Industry - Cargill, Incorporated (US), ADM (US) and Ingredion Incorporated (US)

The market for sweeteners is projected to reach USD 125.1 billion by 2028 from 107.2 billion in 2023 at a CAGR of 3.1%. Consumers are increasingly seeking alternatives to traditional sugars, given their association with obesity, diabetes, and other health concerns. Additionally, the rise in lifestyle-related diseases has prompted a shift towards healthier dietary choices, fostering the demand for low-calorie and sugar-free sweeteners. Moreover, the increasing prevalence of conditions like diabetes has led to a surge in demand for sugar substitutes among health-conscious individuals. Food and beverage manufacturers are responding to this trend by incorporating various sweeteners into their products to cater to diverse consumer preferences. Technological advancements in sweetener production, including innovations in natural sweeteners like stevia and monk fruit, further contribute to market growth. As the health and wellness trend continues to gain traction globally, the sweeteners market is poised to expand, offering a broad spectrum of choices to meet evolving consumer needs.

• Published: January 2024

Noom, Inc (US) and Teladoc Health, Inc. (US) are Leading Players in the Digital Therapeutics (DTx) Market

The global digital therapeutics market is projected to reach USD 21.9 billion by 2028 from USD 6.1 billion in 2023, at a CAGR of 29.1% during the forecast period. Increasing preference for at home treatment, rising adoption of remote healthcare services and increasing innovations on software as a medical device (SaMD) are estimated to bolster the growth of digital therapeutics.

• Published: January 2024

Top Companies in Therapeutic Hypothermia Systems Market: Becton, Dickinson and Company (US) and ZOLL Medical Corporation (Japan) are the Leading Players

The global therapeutic hypothermia systems market is projected to reach USD 396 million by 2028 from USD 291 million in 2023, at a CAGR of 6.3% during the forecast period. Growth in this market is attributed to the growing population and increase in the prevalence of chronic and infectious diseases, the growing number of surgical procedures, and the increasing adoption of minimally invasive cooling methods.

• Published: January 2024

Glass Substrate Companies - AGC Inc. (Japan) and Corning Incorporated (US) are Leading Players in the Glass Substrate Market

The glass substrate market size is estimated to be USD 7.1 billion in 2023, and it is projected to reach USD 8.4 billion by 2028 at a CAGR of 3.5%. Glass substrates, characterized as thin, flat glass boards with precision-deposited circuits, are crafted from diverse raw materials including borosilicate, silicon, ceramic, fused silica/quartz, soda-lime, and aluminosilicate. Available in the form of disks and panels, with disks referred to as wafers mainly employed in semiconductor manufacturing, and panels utilized in LCD production, these substrates' shape, size, thickness, sharpness, and flexibility are tailored to meet specific end-use application requirements. The heightened demand for glass substrates across industries like electronics, automotive, medical, aerospace & defense, and solar, for the production of semiconductors, LCDs, sensors, and solar panels, stands out as a pivotal factor expected to propel the growth of the glass substrate market.

• Published: January 2024

Top Companies in Automotive V2X Industry - Qualcomm Incorporated (US), Autotalks (Israel) and Harman International (US) are the Leading Players

The global automotive V2X market is projected to grow from USD 0.5 billion in 2023 to USD 9.5 billion by 2030, at a CAGR of 51.9%. The demand for automotive Vehicle-to-Everything (V2X) technology is expected to increase significantly, driven by factors such as the growing demand for autonomous vehicles and escalating concerns regarding environmental pollution. The market's expansion is further influenced by the increasing need for connected car technology. Robust governmental support for V2X technology, coupled with advancements in 5G technology, is foreseen to create novel opportunities within this market.

• Published: January 2024

Hydrogen Hubs Companies - ARAMCO (Saudi Arabia) and Shell plc. (UK) are the Key Players

The hydrogen hubs market is valued at USD 1.9 billion in 2023 and is projected to reach USD 6.3 billion by 2030, at a CAGR of 18.7 % from 2023 to 2030. The market for hydrogen hubs and on-site infrastructure is poised for robust growth from 2023 to 2030, driven by global initiatives to decarbonize and shift towards cleaner energy. Increasing demand for hydrogen, seen as a versatile and low-carbon fuel, is bolstered by government commitments to ambitious climate targets, resulting in substantial investments in hydrogen projects and a supportive regulatory environment. The focus on green and blue hydrogen production, coupled with technological advancements, improves the efficiency and competitiveness of hydrogen hubs. Recognizing hydrogen's pivotal role in sustainability, industries are investing in on-site infrastructure development, ensuring a reliable supply chain. The expected expansion of hydrogen applications in transportation and industrial processes reinforces the positive growth trajectory, marking a transformative period in the global energy landscape.

• Published: January 2024

Top Companies in Oil Immersed Power Transformer Industry - ABB (Switzerland), General Electric (US), Siemens (Germany), Schneider Electric (France), and Eaton (Ireland)

The global market for oil immersed power transformer is anticipated to witness substantial growth, with an estimated increase from USD 21.2 billion in 2023 to USD 28.3 billion by 2028, reflecting a compound annual growth rate (CAGR) of 6.0% over the five-year period. This expansion is driven by factors such as rising electricity demand, ongoing infrastructure development, and industrialization worldwide. The industry is marked by continual technological advancements to enhance transformer efficiency, reliability, and environmental sustainability. While oil immersed power transformer remain dominant, there is a growing interest in eco-friendly alternatives like dry-type transformers. Furthermore, the market benefits from the ongoing maintenance and upgrading of aging power infrastructure, with developed regions prioritizing grid modernization and smart grid initiatives, while developing regions focus on expanding their power networks.

• Published: January 2024

Top Companies in Medical Lasers Market - Alma Lasers (Israel) and Lumenis Be Ltd. (Israel) are the Leading Players

The global medical lasers market is projected to reach USD 8.3 billion by 2028 from USD 4.8 billion in 2023, at a CAGR of 11.5% from 2023 to 2028. The increasing incidence of specific diseases and advancements in technology are driving the growth of the market.

• Published: January 2024