Research Insight

Top Companies in ELISpot and FluoroSpot Assay Market: Oxford Immunotec (UK), Cellular Technology Limited (US) and Mabtech (Sweden) are the Leading Players

The global ELISpot and FluoroSpot Assays Market is expected to reach USD 421 million by 2028 from USD 292 million in 2023, at a CAGR of 7.6% during the forecast period. The growth of this market is majorly driven by accelerating immunization development to address challenges of antimicrobial resistance. However, strict requirements for consent of ELISpot and FluoroSpot assay’ instruments and consumables is one of the challenges for which may obstruct the growth of this market.

• Published: November 2023

Top Companies List of Multimodal AI Industry - Google (US), OpenAI (US) and Twelve Labs (US) | MarketsandMarkets

The multimodal AI market is expected to grow from USD 1.0 billion in 2023 to USD 4.5 billion in 2028, at a CAGR of 35.0%  during the forecast period. The multimodal AI market is driven by various factors, such as the need to analyze unstructured data in multiple formats drives the multimodal AI market, the ability of multimodal AI to handle complex tasks and provide a holistic approach to problem-solving, Generative AI techniques to accelerate multimodal ecosystem development and the availability of large-scale machine learning models that support multimodality.

• Published: November 2023

Smart Locker Companies - Ricoh (Japan) and Pitney Bowes, Inc (US) are the Key Players

The global smart locker market to grow from USD 2.1 billion in 2023 to USD 3.6 billion in 2028 at a CAGR of 11.6% during the forecast period. The expansion of the smart lockers market is driven by the rise in e-commerce, growing urbanization and population density, the need for contactless solutions, and technological advancements like IoT and RFID integration. These elements together foster the adoption of smart lockers, providing secure and effective solutions for parcel delivery, addressing last-mile challenges, and streamlining package management..

• Published: November 2023

Emerging Trends in the Global Multimodal AI Market

The multimodal AI market is estimated to increase from USD 1.0 billion in 2023 to USD 4.5 billion in 2028, at a CAGR of 35.0% over the forecast period. The multimodal AI market is driven by a variety of factors, including the need to analyse unstructured data in multiple formats, multimodal AI's ability to handle complex tasks and provide a holistic approach to problem-solving, generative AI techniques to accelerate multimodal ecosystem development, and the availability of large-scale machine learning models that support multimodality.

• Published: November 2023

Multimodal AI: Transforming Industries with Natural Interactions

The multimodal AI market is predicted to increase from USD 1.0 billion in 2023 to USD 4.5 billion in 2028, at a 35.0% CAGR over the forecast period. The multimodal AI market is driven by a variety of factors, including the need to analyse unstructured data in multiple formats, multimodal AI's ability to handle complex tasks and provide a holistic approach to problem solving, generative AI techniques to accelerate multimodal ecosystem development, and the availability of large-scale machine learning models that support multimodality.

• Published: November 2023

Military Transmit and Receive Module Companies - Bosch Rexorth AG (Germany) and Danfoss (Denmark) are the Key Players

The Military transmit and receive module market is estimated to be USD 5.8 billion in 2023 and is projected to reach USD 7.7 billion by 2028, at a CAGR of 5.8% from 2023 to 2028. The market growth can be attributed to the R&D activities to develop smaller, more compact transmit and receive modules without compromising performance.

• Published: November 2023

Environmental Sensor Companies - Sensirion AG (Switzerland) and Honeywell International Inc. (US) are the Key Players

The growth of the environmental sensor market is driven by health and safety concerns and growing demand for environmental sensors from manufacturers of consumer electronics.

• Published: November 2023

Top Emerging Trends in Global Virtual Event Platforms Market

The global virtual event platform market is anticipated to develop at a Compound Annual Growth Rate (CAGR) of 19.8%, from USD 12.4 billion in 2022 to USD 30.6 billion in 2027.

Key factors expected to drive the market growth include the rise in popularity of online streaming to replace in-person presentation, the increasing adoption of digital media marketing platforms to expand the audience base, accommodating a large number of attendees over virtual event platforms (s), live recording feature and global access to real-time data even after webinars/sessions/events, the transition of businesses to remote working approaches, cloud computing services are gaining popularity across large, medium-sized and small enterprises and enhancement of accuracy in fetching customer information. These factors are driving the demand for virtual event platforms.

To know about the assumptions considered for the study download the pdf brochure

• Published: November 2023

Edge AI Software Market Growth, Trends, Applications, and Future Prospects

Edge AI Software's global market is anticipated to expand at a compound annual growth rate (CAGR) of 30.5% from USD 1.1 billion in 2023 to USD 4.1 billion by 2028. Edge AI software is rapidly gaining traction in various industries, revolutionizing how businesses operate and interact with their customers. This technology enables real-time data processing and decision-making at the edge of the network, closer to the data source, reducing latency and improving efficiency. Its applications span across diverse sectors, from manufacturing and healthcare to retail and transportation, optimizing processes, enhancing customer experiences, and driving innovation. The edge AI software market is poised for significant growth, fueled by advancements in hardware, the rise of IoT devices, and the increasing demand for intelligent, real-time solutions.

• Published: November 2023

Edge AI Software Market the Key to Real-Time Insights and Enhanced Efficiency

At a compound annual growth rate (CAGR) of 30.5%, the Edge AI Software market is expected to expand from USD 1.1 billion in 2023 to USD 4.1 billion by 2028. Edge AI software is rapidly gaining traction in various industries, revolutionizing how businesses operate and interact with their customers. This technology enables real-time data processing and decision-making at the edge of the network, closer to the data source, reducing latency and improving efficiency. Its applications span across diverse sectors, from manufacturing and healthcare to retail and transportation, optimizing processes, enhancing customer experiences, and driving innovation. The edge AI software market is poised for significant growth, fueled by advancements in hardware, the rise of IoT devices, and the increasing demand for intelligent, real-time solutions.

• Published: November 2023

Data Security as a Service Market: Trends and Predictions

The Data Security as a Service (DSaaS) Market globally is expected to expand at a compound annual growth rate (CAGR) of 12.3%, from an anticipated USD 31.0 billion in 2022 to USD 55.3 billion by 2027. Data evolution, regulatory compliances, and rising concerns regarding significant data loss are some factors driving the data security as a service (DSaaS) market growth.

To know about the assumptions considered for the study download the pdf brochure

• Published: November 2023

Public Cloud Market Size and Share: Key Growth Drivers Explained

The size of the public cloud market is anticipated to increase at a Compound Annual Growth Rate (CAGR) of 17.3% over the course of the forecast period, from USD 444.7 billion in 2022 to USD 987.7 billion by 2027.

To know about the assumptions considered for the study download the pdf brochure

The growth of the Public Cloud Market is driven by several key factors, reflecting technological advancements, changing business needs, and evolving market dynamics. Here are the primary growth factors:

• Published: November 2023

Drivers of Market Size and Share in the Threat Modeling Tools Industry

The threat modelling tools market is predicted to expand at a Compound Annual Growth Rate (CAGR) of 14.9% from 2022 to 2027, from an anticipated USD 0.8 billion in 2022 to USD 1.6 billion by that time.

To know about the assumptions considered for the study download the pdf brochure

The growth of the Threat Modeling Tools Market is influenced by various factors that reflect the evolving cybersecurity landscape, regulatory requirements, and organizational priorities. Here are the key growth factors for the market:

• Published: November 2023

Top Companies in Particle Size Analysis Market: Spectris (UK) and Danaher (US) are the Leading Players

The global particle size analysis market is projected to reach USD 596 million by 2028 from USD 446 million in 2023, at a CAGR of 6.0% from 2023 to 2028. The factors driving the growth of the market are increasing research activities in the field of nanotechnology  are the market growth.

• Published: November 2023

Spectris (UK) and Danaher (US) are Leading Players in the Particle Size Analysis Market

The global particle size analysis market is projected to reach USD 596 million by 2028 from USD 446 million in 2023, at a CAGR of 6.0% from 2023 to 2028. The factors driving the growth of the market are increasing research activities in the field of nanotechnology  are the market growth.

• Published: November 2023

BASF SE (Germany), Berry Global Inc. (US) and Dow (US) are leading players in Mulch Films Market

The market for mulch films is estimated at USD 7.8 billion in 2023; it is projected to grow at a CAGR of 6.5% to reach USD 10.6 billion by 2028. According to The Food and Agriculture Organization of the United Nations (FAO), the use of mulch films is becoming increasingly sophisticated and specialized. For instance, biodegradable and bio-based mulch films are becoming more popular as they offer a more sustainable option for farmers.

• Published: November 2023

Top Companies in Digital Circular Economy Industry are SAP (Germany), Landbell Group (Germany) and Anthesis Group (UK)

The global digital circular economy market is projected to register a CAGR of 24.3% during the forecast period, reaching USD 6.7 billion by 2028 from an estimated USD 2.2 billion in 2023.

The growth of circular economy digital solutions is propelled by a convergence of factors. These include government initiatives and regulations encouraging businesses to adopt circular practices, a heightened awareness among consumers about sustainability, and infusion of AI and blockchain in enhancying recycling processes.

• Published: November 2023

Ceramic Substrates Companies - KYOCERA Corporation (Japan) and Murata Manufacturing Co., Ltd. (Japan) are Leading Players in the Ceramic Substrates Market

In terms of value, the ceramic substrates market is estimated to grow from USD 7.6 billion in 2023 to USD 10.3 billion by 2028, at a CAGR of 6.2%. The ceramic substrate market is poised for growth due to the rising demand for advanced architecture and the miniaturization of electronic devices. Additionally, the preference for ceramic substrates over traditional metal ones is on the rise. Nevertheless, the market faces challenges such as fluctuations in raw material prices. On a positive note, the increasing demand for nanotechnology and high-performance computing systems presents lucrative opportunities for this industry.

• Published: November 2023

Plastic Additives Companies - BASF SE (Germany) and Dow Inc. (US) are Leading Players in the Plastic Additives Market

In terms of value, the plastic additives market is estimated to grow from USD 43.5 billion in 2023 to USD 57.0 billion by 2028, at a CAGR of 5.6%. Rising demand of plastic additives from industries such as packaging, construction, consumer goods, automotive, and others for variety of applications is leading the market. During the forecast period, this is anticipated to expand the plastic additives market even more.

• Published: November 2023

VMware (US) and Cisco (US) are leading players in Zero Trust Architecture Market

The global zero trust architecture market size is projected to grow from USD 17.3 billion in 2023 to USD 38.5 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 17.3% during the forecast period. The zero trust architecture market’s growth is fueled by the concurrence of digital transformation and the widespread adoption of cloud environments. This transition results in a highly interconnected IT landscape, expanding the attack surface and necessitating a security framework capable of safeguarding data and applications across multiple cloud platforms.

• Published: November 2023

Unveiling Trends in IDaaS Market: Zero Trust, Biometrics, AI Security

According to projections, the size of the worldwide IDaaS market would increase at a Compound Annual Growth Rate (CAGR) of 25.0% between 2023 and 2028, from USD 7.0 billion to USD 21.4 billion. The IDaaS industry is growing as a result of an increase in identity and authentication fraud.

The adoption of IDaaS solutions is anticipated to be significantly influenced by compliance management, given the substantial expenses linked to non-adherence to regulatory requirements. Due to the growing need for authenticity requirements, it is anticipated that laws and regulations like the Health Insurance Portability and Accountability Act (HIPAA), Sarbanes-Oxley (SOX), Payment Card Industry Data Security Standard (PCI-DSS), and General Data Protection Regulation (GDPR) will be further updated in the upcoming years.

• Published: November 2023

IDaaS Market Share & Size: Trending Growth Factors

At a Compound Annual Growth Rate (CAGR) of 25.0% over the course of the forecast period, the size of the worldwide IDaaS market is expected to increase from USD 7.0 billion in 2023 to USD 21.4 billion by 2028. The market for IDaaS is growing due to an increase in identity and authentication fraud.

Given the enormous costs of non-compliance with regulatory obligations, compliance management is anticipated to play a significant role in driving the adoption of IDaaS solutions. It is anticipated that laws and regulations like the Health Insurance Portability and Accountability Act (HIPAA), Sarbanes-Oxley (SOX), Payment Card Industry Data Security Standard (PCI-DSS), and General Data Protection Regulation (GDPR) will be updated further in the upcoming years due to the growing need for authenticity requirements.

• Published: November 2023

BASF SE (Germany), Yara International ASA (Norway), and Coromandel International Ltd (India) are leading players in Agricultural Micronutrients Market

The agricultural micronutrients market is estimated at USD 4.5 billion in 2023 and is projected to reach USD 6.9 billion by 2028, at a CAGR of 8.6% from 2023 to 2028.

• Published: November 2023

Emerging Technologies and Trends in the Public Cloud Market

The public cloud market is anticipated to increase from USD 444.7 billion in 2022 to USD 987.7 billion by 2027, with a Compound Annual Growth Rate (CAGR) of 17.3%.

Organizations can use the common platform that the public cloud offers through an Internet connection. The public cloud services are managed by a third party, or cloud service provider, and operated on a pay-per-use model. Therefore, businesses, institutions of higher learning, governmental bodies, or a combination of groups, or even individuals, own, manage, and run public clouds.

To know about the assumptions considered for the study download the pdf brochure

 

• Published: November 2023

Emerging Trends to Watch in the Threat Modeling Tools Market

The global Threat Modeling Tools Market is projected to increase from an anticipated USD 0.8 billion in 2022 to USD 1.6 billion by 2027, At a Compound Annual Growth Rate (CAGR) of 14.9% from 2022 to 2027. Growing demand for user-friendly threat modeling tools, stringent government regulations, and rising cases of cyber crimes are some factors driving the threat modeling tools market growth.

To know about the assumptions considered for the study download the pdf brochure

The global Threat Modeling Tools Market is experiencing significant growth and transformation, driven by various emerging trends that reflect advancements in cybersecurity, regulatory requirements, and evolving business needs. Here are the key emerging trends in the threat modeling tools market:

• Published: November 2023

Top Companies in IDaaS Industry - Okta (US), Microsoft (US), Thales (France) | MarketsandMarkets

The global IDaaS market size is projected to grow from USD 7.0 billion in 2023 to USD 21.4 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 25.0% during the forecast period. The rise in identity and authentication frauds is propelling the expansion of the IDaaS market.

• Published: November 2023

Explainable AI Industry – Emerging Trends and Innovations

The global Explainable AI Market size was valued USD 6.2 billion in 2023 and is projected to reach USD 16.2 billion by 2028, at a CAGR of 20.9% during the forecast period. Increasing regulations and requirements for transparency and accountability in AI systems drive the demand for Explainable AI solutions to ensure compliance with laws like GDPR and HIPAA.

• Published: November 2023

Explainable AI Market - Size, Share, and Growth Drivers

The global explainable AI market is projected to expand/grow at a CAGR of 20.9% during the forecast period to reach USD 16.2 billion by 2028, size was valued USD 6.2 billion in 2023. Increasing regulations and requirements for transparency and accountability in AI systems drive the demand for Explainable AI solutions to ensure compliance with laws like GDPR and HIPAA.

• Published: November 2023

Security Service Edge Market Share & Size: Key Growth Factors

Over the course of the projection period, the SSE market is expected to increase at a CAGR of 25.4%, from USD 0.8 billion in 2023 to USD 2.8 billion by 2028. Strong security solutions are urgently needed, and this demand has been fueled by the global adoption of remote work and the COVID-19 epidemic. As a result, the SSE market is expanding.

• Published: November 2023

Mosa Meat (Netherlands), UPSIDE FOODS (US) and JUST, Inc. (US) are leading players in Cultured Meat Market

The cultured meat market is estimated at USD 272.4 million in 2023 and is projected to reach USD 6,169.6 million by 2034, at a CAGR of 33.3% from 2028 to 2034. The cultured meat market is experiencing robust growth due to a convergence of key factors. Increasing global concerns about sustainability, environmental impact, and animal welfare are driving consumers and investors toward alternative protein sources. Cultured meat offers a more eco-friendly and ethical option by reducing the strain on land, water, and livestock. Additionally, advancements in biotechnology and cell culture techniques are making production more efficient and cost-effective. High-profile investments and collaborations from major food companies and startups are fueling research and development, leading to improved taste and texture. As a result, the cultured meat market is on an upward trajectory, poised to transform the future of food.

• Published: November 2023

Uncovering Trends in Security Service Edge Market: Latest Demand & Scope

At a compound annual growth rate (CAGR) of 25.4%, the SSE market is expected to expand from USD 0.8 billion in 2023 to USD 2.8 billion by 2028. The COVID-19 pandemic and other worldwide events have hastened the widespread use of remote work, which has generated a critical demand for reliable security solutions and is propelling the expansion of the SSE market.

• Published: November 2023

Ferro Silicon Companies - Elkem (Norway) and RFA International (Switzerland) are Leading Players in the Ferro Silicon Market

The ferro silicon market is projected to reach USD 12.9 billion by 2028, at a CAGR of 3.4% from USD 10.9 billion in 2023. The market growth is driven by influencing factors such as robust demand for steel in automotive, construction, manufacturing industry, and growing focus on renewable energy to reduce carbon emissions.

• Published: November 2023

Top Explainable AI Companies - Microsoft (US), IBM (US) and Temenos(Switzerland) | MarketsandMarkets

The explainable AI market size is to grow from USD 6.2 billion in 2023 to USD 16.2 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 20.9% during the forecast period. Increasing regulations and requirements for transparency and accountability in AI systems drive the demand for Explainable AI solutions to ensure compliance with laws like GDPR and HIPAA.

• Published: November 2023

Top Privileged Access Management Companies - Fortinet (US) and Silverfort (Israel) | MarketsandMarkets

The global PAM market size is projected to grow from USD 2.9 billion in 2023 to USD 7.7 billion by 2028 at a CAGR of 21.5% during the forecast period. Several key factors propel the PAM market. These include a marked rise in digital transformation and the accelerated shift to the cloud, the growing menace of insider threats, account and password sharing concerns, and growing adherence to regulatory standards.

• Published: November 2023

Top Companies in Insolvency Software Market are Clio (Canada) and CARET (US)

The Insolvency Software market is projected to grow from USD 1.5 billion in 2023 to USD 2.4 billion by 2028, at a CAGR of 10.4% during the forecast period.

The government will increase the demand for the insolvency software market by expanding the adoption of digitalized tools in various sectors, such as BFSI. Digital transformation is imperative for financial services businesses in the rapidly changing digital environment. This shift allows customers to efficiently manage their finances, incorporating features like chatbot-driven financial services and smartphone-based solutions into the everyday norm.

• Published: November 2023

Privileged Access Management Market Trends, Growth, and Forecast

At a CAGR of 21.5% over the course of the forecast period, the size of the global PAM market is expected to increase from USD 2.9 billion in 2023 to USD 7.7 billion by 2028. Several key factors propel the PAM market. These include a marked rise in digital transformation and the accelerated shift to the cloud, the growing menace of insider threats, account and password sharing concerns, and growing adherence to regulatory standards.

• Published: November 2023

Privileged Access Management Market Insights, Key Trends, Drivers, and Opportunities

With a compound annual growth rate (CAGR) of 21.5%, the size of the global PAM market is expected to increase from USD 2.9 billion in 2023 to USD 7.7 billion by 2028. Several key factors propel the PAM market. These include a marked rise in digital transformation and the accelerated shift to the cloud, the growing menace of insider threats, account and password sharing concerns, and growing adherence to regulatory standards.

• Published: November 2023

Pet Food Packaging Companies - Amcor Plc (Australia) and Mondi plc (South Africa) are Leading Players in the Pet Food Packaging Market

The global pet food packaging market size is projected to grow from USD 11.1 billion in 2023 to USD 14.9 billion by 2028, at a CAGR of 5.9% during the forecast year. The global pet food packaging market has experienced significant growth over the past few years. With the increasing pet population and changing consumer preferences, the pet food industry has evolved to meet the demands of pet owners. Packaging plays a pivotal role in the success of pet food products, ensuring not only the safety and freshness of the contents but also serving as a vital marketing tool.

• Published: November 2023

Emerging Trends in the Global AdTech Market

The global AdTech market is expected to grow at a CAGR of 14.5% over the forecast period, reaching USD 1,496.2 billion by 2030 from an anticipated USD 579.4 billion in 2023. Major factors driving market expansion include rising demand for data-driven marketing strategies, the growing popularity of audio streaming and podcasts for audio advertising, and the proliferation of smartphones for improved mobile optimisation and in-app advertising.

• Published: November 2023

Key Drivers of Growth in the AdTech Market and Market Share Analysis

The global AdTech market is expected to grow at a 14.5% CAGR over the forecast period, reaching USD 1,496.2 billion by 2030 from an anticipated USD 579.4 billion in 2023. Major factors driving market expansion include an increase in demand for data-driven marketing strategies, the growing popularity of audio streaming and podcasts for audio advertising, and the proliferation of smartphones for better mobile optimisation and in-app advertising.

• Published: November 2023

DNA Data Storage Companies - Illumina, Inc. (US) and Microsoft (US) are the Key Players

The DNA Data storage market is projected to grow from USD 76 million in 2024 and is expected to reach USD 3,348 million by 2030, growing at a CAGR of 87.7% from 2024 to 2030. The demand for data storage is growing exponentially, driven by the increasing digitization of businesses and societies. For instance, Cloud computing providers need to store large amounts of data for their customers, so the growth of cloud computing is leading to the need for increased data storage capacity. DNA data storage has the potential to meet this demand by offering a high-density, durable, and secure way to store data. DNA is incredibly dense, meaning that it can store large amounts of data in a small space. Additionally, DNA is very durable and can last for thousands of years. This makes DNA ideal for long-term archival storage of critical data.

• Published: November 2023

Top Companies List of AdTech Industry - Meta (US), Google (US) and Amazon (US) | MarketsandMarkets

The global AdTech market is projected to register a CAGR of 14.5% during the forecast period, reaching USD 1,496.2 billion by 2030 from an estimated USD 579.4 billion in 2023. Major factors to boost the market growth include the increasing demand for data-informed marketing strategies, the growing popularity of audio streaming and podcasts for audio advertising, and the proliferation of smartphones for greater mobile optimization and in-app advertising.

• Published: November 2023

Top Companies in Particle Therapy Market - Varian Medical Systems, Inc.(US) and IBA Worldwide (EU) are the Leading Players

The global particle therapy market is projected to reach USD 1.1 billion by 2028 from USD 0.7 billion in 2023, growing at a CAGR of 8.2% during the forecast period. Growth in the particle therapy market is mainly due to an increase in cancers, rising technological advancements and increasing particle therapy centers worldwide. The demand for the particle therapy market is growing due to more money being allocated to cancer research and development and increased public awareness of invasive procedures.

• Published: November 2023

Trash Bags Companies - Berry Global Inc. (US) and The Clorox Company (US) are Leading Players in the Trash Bags Market

The trash bags market is projected to grow from USD 10.6 billion in 2023 to USD 13.7  billion by 2028, at a CAGR of 5.2% from 2023 to 2028. The growth of the market is driven by the increasing awareness of hygiene with rising waste generation and the initiatives taken by governments in China, Europe, the US, and Mexico, among other countries.

• Published: November 2023

Market Leaders: Cargill Incorporated (Us), ADM (US), Tate & Lyle PLC (UK), Agrana Beteiligungs-AG (Austria) and Ingredion Incorporated (Us) are Increasing their Respective Market Shares Steadily Through Expansion and new Product Launches in Starch Derivatives Market

The global starch derivatives market size is estimated to be valued at USD 57.9 billion in 2023 and is projected to reach USD 68.4 billion by 2028, recording a CAGR of 3.4% in terms of value.

• Published: November 2023

Starch Derivatives Market Size & Share - Future Growth Prediction

The global starch derivatives market size is estimated to be valued at USD 57.9 billion in 2023 and is projected to reach USD 68.4 billion by 2028, recording a CAGR of 3.4% in terms of value.

• Published: November 2023

Starch Derivatives Industry - Upcoming Growth Trends in the Global Market

The global starch derivatives market size is estimated to be valued at USD 57.9 billion in 2023 and is projected to reach USD 68.4 billion by 2028, recording a CAGR of 3.4% in terms of value.

• Published: November 2023

Top Companies in Direct Air Capture Industry - Climeworks (Switzerland), Carbon Engineering ULC. (Canada), Global Thermostat (US)

The global direct air capture market is projected to reach USD 1,727 million by 2030 from an estimated USD 62 million in 2023, at a CAGR of 60.9% during the forecast period. The growing emphasis on net-zero emission, stringent regulations, and favourable government policies are driving the growth of the direct air capture market.

• Published: November 2023

Top Companies in Automotive Actuators Industry - Robert Bosch (Germany), Denso Corporation (Japan), and Continental AG (Germany) are Leading Players

The automotive actuators market is predicted to grow from USD 27.9 billion in 2024 to USD 33.5 billion in 2030, with a CAGR of 3.1%. The rising demand for automotive actuators stems from multiple converging factors. There is a demand for EV actuators, for applications such as HVAC actuators and e-powertrains, which can be attributed to the electrification of vehicles. Concurrently, the advancements in vehicle automation such as ADAS and autonomous technologies require precise control over functions such as steering and braking, which depends mainly on actuators. Furthermore, consumer desire for increased comfort amenities, as well as the shift toward smart, connected automobiles, help to boost actuator integration. Finally, increased worldwide vehicle production, particularly in the EV and premium categories, drives up total demand for automotive actuators.

• Published: November 2023

In Space Manufacturing Companies - Allevi Inc. (US) and Global Graphene Group, Inc. (US) are the Key Players

The In-Space manufacturing market is estimated to grow from USD 4.6 Billion in 2030 to USD 62.8 Billion by 2040, at a CAGR of 29.7% from 2030 to 2040. North America is estimated to account for the largest share of the In space manufacturing market in 2030.

• Published: November 2023