Research Insight

Thermo Fisher (US) and Roche Hoffmann (Switzerland) are the leading key players in the Cancer Biomarkers Market

The global market for cancer biomarkers is projected to reach USD 54.48 billion by 2032 from USD 28.25 billion in 2026. Factors contributing to the growth of this market include rising cancer cases, advances in technology for cancer biomarker development, research and development activities focused on cancer biomarkers, and increased use of cancer biomarkers in drug discovery and development. On the other hand, costs associated with different types of cancer diagnostic tests, the need for substantial investment, poor reimbursement policies, and technical challenges in sample handling hinder market growth.

• Published: May 2026

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

The global particle size analysis market is projected to reach USD 7.73 billion by 2031, up from USD 5.12 billion in 2025, reflecting a 6.5% CAGR from 2026 to 2031. The market is expected to grow steadily and strongly over the next 5 years, driven primarily by rapid expansion in nanotechnology, biopharmaceuticals, and advanced materials development. Rising demand for precise characterization of nanoparticles in drug delivery systems, biologics, and high-performance materials is prompting industries to adopt more accurate, automated analytical technologies. As quality control and regulatory requirements tighten, especially in pharmaceuticals and healthcare, particle size analysis is becoming a critical tool rather than merely a supporting test.

• Published: May 2026

Hexagon Purus (Norway) and Worthington Enterprises (US) are the leading key players in the Type 4 Hydrogen Storage Tanks and Transportation Market

The type 4 hydrogen storage tanks & transportation market is projected to reach USD 3,069.1 million by 2030 from USD 345.9 million in 2025 at a CAGR of 54.7%, driven by increasing demand for lightweight and high-pressure storage solutions across hydrogen mobility and transportation applications. Strong policy support, growing adoption of fuel cell vehicles, and expanding hydrogen infrastructure are accelerating market growth. The market is further supported by advancements in composite materials such as carbon fiber, which enhance storage efficiency, safety, and durability. Additionally, rising focus on reducing vehicle weight, improving fuel efficiency, and enabling long-range hydrogen transport is driving the adoption of Type IV tanks across mobility and industrial sectors.

 

• Published: May 2026

Amphenol Corporation (US) and Honeywell International Inc. (US) are Leading Players in the Hydrogen Sensor Market

The hydrogen sensor market is projected to reach USD 0.16 billion by 2032 from USD 0.08 billion in 2026, at a CAGR of 12.2% during the forecast period.

• Published: May 2026

Electric Vehicle Market Size, Share & Growth Projections 2035

The global Electric Vehicle market is projected to grow from USD 1,145.51 billion in 2025 to USD 1,857.34 billion in 2035 at a CAGR of 5.0%.

• Published: May 2026

Battery Electric Vehicle Market Trends, Industry Outlook 2033

The global EV battery market is projected to grow from USD 91.93 billion in 2024 to USD 251.33 billion by 2035, registering a CAGR of 9.6% during the forecast period. Rising adoption of electric vehicles, continuous advancements in battery technology, and increasing investment in battery manufacturing infrastructure are significantly accelerating growth across the global EV battery industry.

• Published: May 2026

Eaton (Ireland) and Schneider Electric (France) are Leading Players in the Outdoor Circuit Breaker Market

The market size for outdoor circuit breakers is estimated to reach USD 12.52 billion by 2030 and is projected to grow from approximately USD 9.62 billion in 2025, at a CAGR of 5.4%. The rapid advancements in power system transformation and grid infrastructure modernization are key factors driving this market growth. Innovations in circuit breaker technology with digital monitoring systems are significantly contributing to the outdoor circuit breaker market. Additionally, the increasing deployment of renewable energy infrastructure in transmission and distribution networks and the growing demand for durable, high-capacity outdoor protection equipment are boosting the market for outdoor circuit breakers.

• Published: May 2026

Mettler-Toledo (Switzerland) and Thermo Fisher Scientific Inc. (US) are the leading key players in the Nutraceutical Inspection Systems Market

The nutraceutical inspection systems market is projected to reach USD 0.94 billion by 2031 from USD 0.65 billion in 2026, at a CAGR of 7.7% during the forecast period. Regulatory scrutiny over nutraceutical product safety and labeling has grown substantially in recent years, with agencies across North America, Europe, and the Asia Pacific tightening enforcement on supplement producers and requiring more rigorous contamination detection and label verification at the production level. Consumer awareness has followed a similar trajectory; buyers of dietary supplements and functional foods now routinely question ingredient purity, dosage accuracy, and product authenticity, placing quality inspection at the center of brand strategy rather than at the periphery. Product recalls linked to contamination and mislabeling events have added urgency to these pressures; each incident carries reputational and financial fallout that legacy or manual inspection processes are poorly equipped to prevent. For many manufacturers, the cost of deploying advanced inspection systems has become easier to justify than the cost of a single major recall. Contamination in nutraceutical forms, whether physical foreign bodies in powders or mislabeled capsule counts, demands inline detection capable of operating at production-line speeds without compromising accuracy.

• Published: May 2026

Umicore (Belgium) and Glencore (Switzerland) are Leading Players in the Lithium-ion Battery Recycling Market

The global lithium- ion battery recycling market is projected to grow from USD 18.6 billion in 2026 to USD 50.0  billion by 2033, at a CAGR of 15.2% during the forecast period. The market for recycling lithium-ion batteries is expanding significantly due to a number of factors, chief among them being the growing popularity of electric vehicles (EVs). The need for lithium-ion battery recycling and sustainable disposal at the end of their life cycle is becoming increasingly important as the global automobile industry moves toward electrification.

• Published: May 2026

Schneider Electric (France) and Siemens (Germany) are Leading Players in the Power Monitoring Market

The power monitoring market is projected to grow at a CAGR of 7.3% during the forecast period, increasing from an estimated USD 7.41 billion in 2026 to USD 10.56 billion by 2031. The necessity of reliable power quality, operational continuity, energy efficiency, and system resilience, along with the scale of industrialization and infrastructure development, drives this growth. Increasing pressure is on industries, commercial facilities, data centers, healthcare providers, utilities, and telecom operators to ensure a stable electricity supply amid frequent grid disturbances, voltage fluctuations, harmonic issues, the integration of renewable energy, and rising electricity demand in emerging economies. Advanced power monitoring systems, especially high-accuracy, IoT-enabled, and smart models, have proven highly effective in delivering real-time visibility, predictive maintenance, harmonic mitigation, load profiling, and automatic alerts. These systems provide fast response to power anomalies, support seamless integration with SCADA and building management platforms, offer remote diagnostics, and enable quick corrective actions in existing high-demand applications.

• Published: May 2026

Eaton (Ireland) and Schneider Electric (France) are the leading key players in the Europe Circuit Breaker Market

Siemens (Germany) and Schneider Electric (France) are leading players in the Europe circuit breaker market The Europe circuit breaker market is projected to reach USD 7.16 billion by 2030 from USD 5.53 billion in 2025, at a CAGR of 5.3% from 2025 to 2030. The growth is driven by increasing demand for renewable energy sources and the modernization of the electrical grid, which necessitates the use of circuit breakers for safety and efficiency. The expansion in renewable energy sectors like wind and solar is a major driver, as these sectors require advanced circuit breakers to maintain grid stability. Additionally, increasing urbanization and the development of smart grids are bolstering demand for circuit breakers across Europe.

• Published: May 2026

Thermo Fisher Scientific Inc. (US) and QIAGEN (Netherlands) are the leading key players in the Environmental DNA Market

The environmental DNA market is projected to reach USD 3.04 billion by 2031, from USD 1.51 billion in 2026, with a CAGR of 14.9%. This growth can be attributed to the rise in demand for rapid, non-invasive biodiversity monitoring solutions, along with pressure on governments and other institutions to improve bio-surveillance. Concerns about biodiversity loss, declining water quality, and ecosystem damage are driving the adoption of eDNA approaches as a viable alternative to conventional survey methods, which are often complex, expensive, and time-consuming. Techniques utilizing eDNA allow the identification of organisms present in a more cost-effective manner than traditional survey methods, by providing greater sensitivity and scalability for ecological monitoring.

• Published: May 2026

Hydrogen Sensor Market 2032 Size, Share, Growth Outlook & Strategic Forecast Report

The global hydrogen sensor market, valued at USD 0.07 billion in 2025, is projected to reach USD 0.16 billion by 2032, expanding at a compound annual growth rate (CAGR) of 12% from 2026 to 2032. This robust trajectory is being shaped by the accelerating global shift toward hydrogen as a clean energy carrier a transition that demands reliable, high-precision sensing infrastructure across every point in the hydrogen value chain, from production and storage to distribution, end-use applications, and refueling infrastructure.

• Published: May 2026

Ebike Market Size, Share, Growth Trends & Forecast 2035

The global ebike market size is projected to grow from USD 46.39 billion in 2026 to USD 74.98 billion by 2035, registering a CAGR of 5.5% during the forecast period. Rising urbanization, increasing fuel costs, strong government support for sustainable transportation, and growing demand for affordable last-mile mobility solutions are driving growth across the global electric bicycle market.

• Published: May 2026

Electric Two-Wheeler Market Growth, Trends & Forecast 2035

The global electric two-wheeler market is projected to grow from USD 5.31 billion in 2026 to USD 10.29 billion by 2035, registering a CAGR of 7.6% during the forecast period. Rising fuel costs, stricter emission regulations, increasing urban congestion, and rapid electrification of delivery fleets are significantly driving electric two-wheeler market growth worldwide.

• Published: May 2026

Taiwan Semiconductor Manufacturing Company (Taiwan) and MediaTek Inc. (Taiwan) are Leading Players in the Taiwan AI Chip Market

The Taiwan AI chip market is projected to reach USD 7.93 billion by 2032 from USD 2.92 billion in 2025, registering a CAGR of 15.3%.

• Published: May 2026

MSAB (Sweden) and Grayshift (US) are Leading Players in the Mobile Forensics Market

The mobile forensics market is projected to grow from USD 5.72 billion in 2026 to USD 9.99 billion by 2031 at a Compound Annual Growth Rate (CAGR) of 11.8% during the forecast period.

• Published: May 2026

NPROXX (Germany) and Hexagon Purus (Norway) are Leading Players in the Europe Hydrogen Storage Tanks and Transportation Market

The hydrogen storage tanks & transportation market in Europe is projected to reach USD 379.4 million by 2030 from USD 34.9 million in 2025, at a CAGR of 61.2%. Strong policy support from the EU hydrogen strategy and funding programs like IPCEI are driving the market for hydrogen storage tanks and transportation in Europe. Countries like Germany, France, and the Netherlands are putting the most money into hydrogen infrastructure, like storage hubs and transportation networks. The need for better storage and logistics solutions is growing because of more demand from industrial sectors and fuel cell mobility. Also, the focus on green hydrogen, energy security, and technologies like high-pressure tanks and underground storage is helping the market grow. Additionally, the rapid deployment of hydrogen refueling stations and the rising adoption of fuel cell mobility are further strengthening demand.

• Published: May 2026

US Data Center Solid-state Transformers (SST) Companies - DG Matrix (US) and Heron Power (US) are the Leading Key Players

The solid-state transformers market for US data centers is projected to reach USD 154.0 million by 2030 from an estimated USD 40.3 million in 2025, growing at a CAGR of 30.8% during the forecast period. The rapid expansion of AI-driven hyperscale data centers and rising rack power densities are driving demand for advanced, efficient power distribution infrastructure. Rising focus on energy efficiency, grid stability, and power quality optimization is driving adoption of next-generation transformer technologies across large-scale data center facilities. The growing integration of renewable energy sources, battery energy storage systems, and DC power architectures is further driving demand for intelligent, bidirectional power conversion solutions. In addition, increasing investments in medium-voltage data center distribution systems and modular power infrastructure are supporting market growth across colocation, hyperscale, and edge data center environments. Advancements in wide bandgap semiconductor technologies, particularly silicon carbide (SiC) and gallium nitride (GaN), are further enhancing the efficiency, power density, thermal performance, and operational reliability of solid-state transformers for modern US data center applications.

• Published: May 2026

Splunk (Cisco) and Micro Microsoft (US) are leading players in Security Information and Event Management Market

The global security information and event management (SIEM) market is projected to grow from USD 8.39 billion in 2026 to USD 13.67 billion by 2031, at a CAGR of 10.3% during the forecast period. The growth in this sector is mainly fueled by strict regulatory frameworks and the increasing use of managed SIEM and Security Operations Center (SOC)-as-a-Service models. These solutions help organizations better meet compliance requirements and manage operational complexities. SIEM platforms facilitate centralized log collection, real-time monitoring, and audit reporting, enabling organizations to comply with regulations while enhancing visibility across their distributed IT environments.

• Published: May 2026

Space Propulsion Companies - Northrop Grumman (US) and Safran SA (France) are the Key Players

The space propulsion market is projected to grow from USD 8.00 billion in 2026 to USD 14.41 billion in 2031, at a CAGR of 12.5% during the forecast period. The market is mainly driven by rising satellite launches, higher use of propulsion systems in launch vehicles, growing demand for orbit raising and station keeping, and increasing deep space missions involving probes, landers, and spacecraft.

• Published: May 2026

GE HealthCare (US) and Siemens Healthineers (Germany) are Leading Players in the Asia Pacific Digital X ray Market

The Asia-Pacific digital X-ray market is projected to grow from USD 1.25 billion in 2025 to USD 1.85 billion by 2031, at a CAGR of 6.8% during this period. The Asia-Pacific digital X-ray market is experiencing substantial growth, driven mainly by the rapid expansion of healthcare infrastructure and rising diagnostic demand in both developed and emerging economies such as China, India, Japan, and Southeast Asia. Increasing population, higher incidence of chronic diseases, trauma cases, and age-related conditions are pushing for faster and more accurate diagnostic imaging. Governments all over the region are heavily investing in hospital modernization, public healthcare expansion, and universal health coverage programs; thus, digital X-ray system adoption is rapidly increasing in public and private healthcare facilities. Furthermore, the growth of diagnostic imaging centers and the betterment of healthcare services accessibility in rural and urban areas are creating favorable conditions for market expansion.

• Published: May 2026

ArcelorMittal (Luxembourg) and POSCO (South Korea) are Leading Players in the Electrical Steel Market

The electrical steel market is projected to grow from USD 62.93 billion in 2026 to USD 83.23 billion by 2031, representing a compound annual growth rate (CAGR) of 5.8% during this period. The electrical steel market will see growth due to demand for energy-efficient equipment. The electric vehicle and renewable energy markets are growing. Growing urbanization and infrastructure projects are boosting electricity consumption.

• Published: May 2026

Varex Imaging (US) and Canon Inc (Japan) are Leading Players in the Europe X ray Detectors Market

The Europe X-ray detectors market is projected to grow from USD 1.09 billion in 2026 to USD 1.42 billion by 2031, at a CAGR of 4.4% over the period. The market is experiencing steady growth, driven by rising demand for diagnostic imaging, supported by an aging population, the increasing prevalence of chronic diseases, and a strong regional emphasis on early diagnosis and preventive healthcare. Ongoing modernization of hospital imaging infrastructure, particularly the shift from analog and computed radiography systems to advanced flat-panel digital detectors, is further accelerating market expansion. In addition, stringent radiation safety regulations and compliance requirements under the EU MDR are encouraging the adoption of technologically advanced detectors that deliver superior image quality while minimizing radiation exposure.

• Published: May 2026

Sysmex Corporation (Japan) and Danaher Corporation (US) are the Leading Players in Hematology Analyzers and Reagents Market

The global hematology analyzers and reagents market is projected to reach USD 10.33 billion by 2031 from USD 7.57 billion in 2025, at a CAGR of 6.4% from 2026. The hematology analyzers market is primarily driven by the rapid integration of artificial intelligence to enhance diagnostic accuracy and optimize laboratory workflows, as well as the increasing adoption of advanced parameters and multifunctional testing capabilities. In addition, the growing demand for cost-efficient testing solutions with high first pass yield, reduced reagent use, and improved laboratory efficiency is further supporting market growth.

• Published: May 2026

Physical AI Industry Outlook 2032: Market Size, Key Trends & Competitive Landscape

Physical AI Market Size, Share & Growth Report - Global Forecast to 2032

The global physical AI market was valued at USD 0.89 billion in 2025 and is projected to reach USD 15.28 billion by 2032, expanding at a CAGR of 47.2% from 2026 to 2032. This growth is driven by the rapid integration of AI intelligence into physical machines capable of perceiving, reasoning, and acting in the real world across industrial automation, logistics, healthcare, defense, and other high-priority sectors. As edge AI hardware matures, sensor fusion reaches commercial-grade reliability, and general-purpose robotic foundation models transition from research to production, physical AI is moving from early pilot programs into broad-based commercial deployment.

• Published: May 2026

Honda (Japan) and Generac (US) are Leading Players in the Asia Pacific Portable Generator Market

The Asia Pacific portable generator market is projected to reach USD 0.89 billion by 2030 from USD 0.62 billion in 2025, registering a CAGR of 7.5% during the forecast period. This growth is driven by the rising demand for temporary and backup power solutions across industries such as residential, commercial, and industrial, where operations are often carried out in remote or off-grid locations with limited access to reliable electricity. Portable generators provide high flexibility, ease of mobility, and quick deployment, enabling efficient power supply across multiple sites. Their capability to support a wide range of applications, from powering equipment and tools to ensuring continuity during emergency situations, enhances their importance in dynamic and infrastructure-driven environments across the Asia Pacific region.

• Published: May 2026

Amcor plc (Switzerland) and Sealed Air (US) are the leading key players in the Advanced Packaging for Food & Beverage Market

The advanced packaging for food & beverage market is projected to reach USD 36.58 billion by 2031 from USD 27.61 billion in 2026, at a CAGR of 5.8% during the forecast period. The advanced packaging for food & beverage market is experiencing consistent growth due to the increasing number of food products being produced, the demand for packaged, convenient foods, and the rising emphasis on food safety and quality. Advanced packaging plays a vital role in ensuring food safety and extending shelf life. The innovative use of advanced technologies and materials leads to the development of packaging that is sturdier, lighter, and better at protecting against air and moisture intrusion and contamination. Sustainable packaging becomes more popular owing to rising environmental legislation & awareness among consumers. The companies use eco-friendly materials, intelligent packaging properties, and creative packaging designs.

• Published: May 2026

AkzoNobel N.V. (Netherlands) and PPG Industries, Inc. (United States) are the leading key players in the Europe Architectural Coatings Market

The Europe architectural coatings market is projected to grow from USD 20.93 billion in 2026 to USD 25.49 billion by 2031, registering a CAGR of 4.0% during the forecast period. The market is likely to witness positive growth in the coming few years due to the rising need for renovations and repainting of the surface area, rather than new constructions. Most buildings in Europe have already been constructed for several decades, thus making maintenance, protecting, and improving the aesthetics of their surface areas a never-ending process, especially in residential housing. In addition, repainting is one of the main drivers in this market, along with office buildings, hospitals, and other infrastructure elements, which require routine refurbishing. Architectural coatings not only serve decorative purposes, but also protect surfaces from moisture, weather, and any other damage caused during everyday life. That is why a greater number of coatings with a prolonged service life are increasingly required, which helps in saving costs in the long run. Water-based coatings are commonly applied indoors and outdoors due to ease of application and low impact on the environment. This is encouraging the development of better coating solutions, such as durable finishes, reflective coatings, and products made with alternative raw materials. At the same time, manufacturers are dealing with challenges like changing raw material prices, high energy costs, and strict regulations, but the market continues to grow steadily due to ongoing maintenance needs and the shift toward more eco-friendly products.

• Published: May 2026

Owens Corning (US) and Kingspan Insulation, LLC (Ireland) are Leading Players in the Polymer Foam Market

The polymer foam market is projected to grow from USD 108.44 billion in 2025 to USD 150.47 billion by 2031, at a CAGR of 5.6% during the forecast period. The global polymer foam market is experiencing steady growth because multiple industries need lightweight, energy-efficient, high-performance materials. The construction sector expands because of its use of polymer foams for thermal insulation and energy conservation, while the automotive industry grows because it needs to reduce vehicle weight to achieve better fuel efficiency and meet emission standards. The packaging sector is particularly protective, and e-commerce packaging has experienced rapid growth, which has increased the demand for flexible foam materials. Emerging economies drive furniture and bedding demand, which leads to market growth through increased polyurethane foam consumption. Foam manufacturing now advances through technological progress, which creates new environmental standards dedicated to sustainability, recyclability and low-VOC materials. The drivers of polymer foams create essential material solutions that meet current needs in industrial and consumer applications.

• Published: May 2026

Physical AI Market Size Analysis and Future Growth Outlook

Physical AI Market Size, Share, Growth & Trends

Introduction to the Physical AI Market

The Physical AI market represents one of the most transformative shifts in the broader artificial intelligence landscape, where AI is no longer confined to digital systems but embedded into physical machines such as robots, autonomous vehicles, drones, and industrial equipment. These systems are capable of perceiving, reasoning, and acting in real-world environments using technologies such as computer vision, sensor fusion, edge computing, and machine learning. The increasing convergence of AI with robotics and automation is enabling a new generation of intelligent machines that can perform complex tasks autonomously across industries including manufacturing, logistics, healthcare, agriculture, and defense.

As organizations globally prioritize digital transformation and operational efficiency, Physical AI is emerging as a core enabler of smart infrastructure and autonomous operations. The shift toward real-time decision-making and adaptive systems is redefining productivity, safety, and scalability across industries, positioning Physical AI as a foundational technology in the next wave of industrial evolution.

• Published: May 2026

BASF (Germany) and Symrise (Germany) are Leading Players in the Cosmetic Preservatives Market

The cosmetic preservatives market is projected to grow from USD 0.59 billion in 2026 to USD 0.77 billion by 2031, at a CAGR of 5.7% during the forecast period.

• Published: May 2026

Physical AI Market Growth: The Rise of Intelligent Machines Across Industries

Introduction to Physical AI Market Growth

The global Physical AI market is experiencing unprecedented growth as artificial intelligence transitions from purely digital applications into physical environments. Physical AI refers to the integration of AI into machines such as robots, autonomous vehicles, drones, and industrial systems that can perceive, learn, and act in real-world conditions. This evolution is redefining how industries operate, enabling intelligent automation, real-time decision-making, and enhanced productivity across sectors.

Physical AI market growth is being fueled by the convergence of multiple technologies, including robotics, machine learning, computer vision, edge computing, and IoT. These advancements are allowing machines to interact with their surroundings in more sophisticated ways, making them capable of handling complex and dynamic tasks. As businesses increasingly seek to improve efficiency, reduce costs, and address labor shortages, the adoption of Physical AI solutions is accelerating globally.

• Published: May 2026

Physical AI Market Trends: Shaping the Future of Intelligent Machines

Introduction to Physical AI Market Trends

The evolution of artificial intelligence is entering a new phase where intelligence is no longer confined to software systems but embedded directly into physical machines. This transformation has given rise to the Physical AI market, where robots, autonomous vehicles, drones, and smart industrial systems are equipped with AI capabilities to interact with real-world environments. Understanding Physical AI market trends is essential for businesses, technology providers, and policymakers aiming to stay competitive in an increasingly automated and intelligent global economy.

Physical AI combines machine learning, robotics, computer vision, sensor fusion, and edge computing to create systems capable of perception, reasoning, and action. As industries push toward automation and digital transformation, these intelligent systems are becoming integral to improving productivity, safety, and operational efficiency. The growing demand for real-time decision-making and adaptive systems is accelerating innovation and shaping the future of Physical AI across sectors.

 

• Published: May 2026

Physical AI Industrial Insights: Transforming the Future of Smart Industries

Introduction to Physical AI in Industrial Ecosystems

The emergence of Physical AI marks a significant shift in how industries operate, moving beyond traditional automation toward intelligent, adaptive, and autonomous systems. Physical AI refers to the integration of artificial intelligence into physical machines such as robots, industrial equipment, autonomous vehicles, and smart infrastructure. These systems are capable of sensing their environment, processing information in real time, and executing actions with minimal human intervention.

• Published: May 2026

Drägerwerk AG & Co. KGaA (Germany) and GE HealthCare (US) are the leading key players in the Phototherapy Equipment Market

The phototherapy equipment market is projected to reach USD 0.62 billion by 2031 from USD 0.47 billion in 2026, growing at a CAGR of 5.5%. Neonatal jaundice remains one of the most prevalent conditions among newborns, affecting a significant proportion of both full-term and preterm infants globally. The condition arises due to elevated bilirubin levels, which, if untreated, can lead to severe neurological complications such as kernicterus. Phototherapy is the primary and most widely adopted treatment for managing neonatal jaundice, as it effectively converts bilirubin into water-soluble forms that can be excreted by the infant’s body. The increasing number of births globally, coupled with improved diagnosis rates in hospitals and neonatal intensive care units (NICUs), is contributing to sustained demand for phototherapy equipment. Additionally, healthcare providers are increasingly prioritizing early intervention protocols, which further accelerate device utilization. As a result, hospitals and maternity centers continue to invest in advanced phototherapy systems, including LED-based units, to ensure efficient and safe treatment outcomes. This consistent clinical need makes neonatal jaundice a foundational driver for the long-term growth of the phototherapy equipment market.

• Published: May 2026

Emerson Electric Co. (US) and Flowserve Corporation (US) are the leading key players in the Control Valve Market

The control valve market is projected to reach USD 13.99 billion by 2032 from USD 10.81 billion in 2026, at a CAGR of 4.4% during the forecast period. The global control valve market is witnessing steady growth, driven by the increasing demand for automation and process optimization across industries such as oil & gas, chemicals, power generation, water & wastewater, pharmaceuticals, and food & beverages. The growing focus on operational efficiency, process safety, energy conservation, and regulatory compliance is a major factor supporting market expansion. Advancements in smart valve technologies, including digital valve controllers, IoT-enabled monitoring systems, predictive maintenance solutions, and AI-based process automation, are improving valve performance, reliability, and real-time process control. In addition, rising investments in industrial automation, refinery modernization projects, power infrastructure development, and sustainable manufacturing initiatives are collectively contributing to the continued growth of the global control valve market.

 

• Published: May 2026

Nippi, Inc. (Japan) and Darling Ingredients (US) are the leading key players in the Marine Collagen Market

The marine collagen market size is projected to grow from USD 0.74 billion in 2026 to USD 1.01 billion in 2031, at a CAGR of 6.6% during the forecast period. The market is steadily growing due to the use of collagen ingredients in nutraceuticals, cosmetics, and functional food products. Marine collagen, extracted from fish skin, scales, and bones, is becoming more prevalent because of its superior bioactivity, bland flavor, and clean label and green sourcing preferences. The market growth is driven by the growing interest in preventive health and beauty-from-inside products. Additionally, the high preference for skin care, anti-aging, and joint health supplements is driving product innovation in various sectors. Growing urbanization, higher disposable incomes, and changing dietary trends are also boosting the global consumption of products containing collagen. Moreover, the utilization of marine by-products aligns with sustainability efforts by minimizing waste and enhancing resource utilization. Innovations in extraction and processing techniques, including enzymatic hydrolysis and cold processing technologies, enhance the efficacy and bioavailability of marine collagen peptides. This allows companies to produce high-quality products for use in beverages, powders, capsules, and cosmetics.

• Published: May 2026

EHang (China) and Archer Aviation Inc. (US) are Leading Players in the Urban Air Mobility (UAM) Market

The global urban air mobility market is projected to grow from USD 2.16 billion in 2026 to reach USD 16.27 billion by 2035, at a CAGR of 20.9% from 2031 to 2035. The demand for faster and more efficient urban transport is going up as cities deal with heavy traffic and long travel times. People now want options that are easy, reliable, and save time. All these factors are driving the need for urban air mobility services. At the same time, improvements in electric propulsion, battery technology and autonomous flight systems are helping in building new air transport platforms. More investments from governments and private companies, along with the development of infrastructure like vertiports and charging networks, are further supporting the market growth.

 

• Published: May 2026

PETRONAS Chemicals Group Berhad (PCG) (Malaysia) and Polynt-Reichhold Group (Italy) are the Key Players in the Maleic Anhydride Market

The maleic anhydride market is projected to rise from USD 1.96 billion in 2026 to USD 3.79 billion by 2035, at a CAGR of 7.62%. The growth of the maleic anhydride market can be attributed to the growing demand from the end-use sectors like construction, automobiles, and agriculture, which utilize maleic anhydride in unsaturated polyester resins, coatings, and agrochemicals. Volume consumption is gaining momentum due to growing infrastructural developments and automotive production in the Asia Pacific region. In addition, the trend towards light-weighted composites and specialty chemicals is expected to boost market value growth.

• Published: May 2026

Physical AI Market Size & Share Forecast for Humanoid Robotics

 

• Published: May 2026

Physical AI and the Future of Intelligent Robotics Across Global Industries

The Rise of Intelligent Machines in the Physical World

The global robotics industry is entering a new era driven by the rapid advancement of Physical AI. Unlike traditional artificial intelligence systems that operate mainly in digital environments, Physical AI enables robots and machines to perceive, reason, learn, and act autonomously in real-world environments. By combining robotics, machine learning, computer vision, sensors, edge computing, and autonomous decision-making systems, Physical AI is transforming how industries automate operations, improve efficiency, and address labor shortages.

• Published: May 2026

Thales (France) and Mediatek (Taiwan) are the leading key players in the 5G NTN Market

The 5G NTN market size is projected to grow from USD 11.91 billion in 2026 to USD 45.55 billion by 2031 at a CAGR of 30.8% during the forecast period. The digital divide is a significant driver for the 5G NTN market. Traditional cell towers struggle to reach remote and rural areas due to challenging terrain and sparse populations, leaving these regions with limited or no internet access. 5G NTN, particularly with satellite technology, bypasses these limitations. This enables these underserved regions to finally participate in the digital revolution, unlocking opportunities for economic growth, education, healthcare, and social inclusion. This bridge across the digital divide fuels the 5G NTN market as governments and private companies strive to connect the unconnected.

 

• Published: May 2026

FLIR (US) and 908 Devices (US) are the Major Players in the Mobile Mass Spectrometers Market

The global mobile mass spectrometers market is projected to reach USD 2.87 billion by 2031, up from USD 1.68 billion in 2026, at a CAGR of 11.3%.

• Published: May 2026

Kamenny Vek (Russia) and Zhejiang GBF Basalt Fiber Co., Ltd. (China) are Leading Players in the Basalt Fiber Market

The basalt fiber market is projected to grow from USD 0.40 billion in 2026 to USD 0.70 billion by 2031, at a CAGR of 12.0% during the forecast period.

• Published: May 2026

Physical AI Market: NVIDIA Corporation Emerges as the Industry Leader

The global physical AI market is entering a transformative phase as industries increasingly adopt intelligent robots, autonomous machines, AI-powered industrial systems, and digital simulation platforms. Among all technology providers, NVIDIA Corporation has emerged as the undisputed leader in the physical AI ecosystem. Through its advanced GPU architectures, robotics platforms, simulation frameworks, edge AI processors, and generative AI models, NVIDIA is redefining how machines interact with the physical world.The physical AI industry is projected to reach USD 15.24 billion by 2032 from USD 1.50 billion in 2026, growing at a CAGR of 47.2% from 2026 to 2032. The market is driven by rapid advancements in edge AI computing, multimodal perception, and real-time decision-making capabilities in robots. Investments in humanoid robotics, AI-enabled autonomy, and simulation platforms are enabling scalable deployment. Additionally, rising labor shortages and increasing demand for automation across industries are accelerating adoption.

• Published: May 2026

Physical AI Market: Qualcomm Technologies, Inc. is Powering the Future of Energy-Efficient AI Systems

The physical AI market is evolving rapidly as industries adopt intelligent machines capable of sensing, reasoning, and interacting with the real world. From autonomous robots and drones to smart industrial equipment and AI-powered consumer devices, physical AI is transforming the future of automation. Among the leading technology companies driving this transformation, Qualcomm Technologies, Inc.The physical AI industry is projected to reach USD 15.24 billion by 2032 from USD 1.50 billion in 2026, growing at a CAGR of 47.2% from 2026 to 2032. The market is driven by rapid advancements in edge AI computing, multimodal perception, and real-time decision-making capabilities in robots. Investments in humanoid robotics, AI-enabled autonomy, and simulation platforms are enabling scalable deployment. Additionally, rising labor shortages and increasing demand for automation across industries are accelerating adoption.

• Published: May 2026

Caterpillar (US) and Wärtsilä (Finland) are the leading key players in the Marine Engines Market

The marine engines market is projected to reach USD 16.92 billion by 2031, from 14.24 billion in 2026, with a CAGR of 3.5%. The global market for marine engines is largely driven by the steady growth of seaborne trade, as most international goods are transported by sea, leading to continuous demand for new vessels and engine systems. Additionally, the rise in shipbuilding activities, fleet expansion, and the need to replace aging vessels are supporting market growth. Government regulations aimed at reducing emissions from shipping are also playing a crucial role, pushing shipowners to adopt more fuel-efficient and low-emission engines. A key recent trend in the market is the shift toward cleaner and more flexible technologies, including engines powered by LNG, methanol, and other alternative fuels, along with hybrid and electric propulsion systems, as well as the integration of digital monitoring and smart maintenance solutions to improve efficiency and reduce operational costs.

• Published: May 2026

Dow (US) and BASF SE (Germany) are Leading Key Players in the Antiscalants Market

The antiscalants market is projected to grow from USD 5.05 billion in 2026 to USD 6.68 billion by 2031, at a CAGR of 5.7% during the forecast period. The antiscalants market continues to grow steadily as the industrial and municipal sectors require efficient water treatment solutions. Industrial activities in the oil and gas, power generation, and chemical sectors increase water demand, which requires antiscalants to protect pipelines, boilers, and cooling systems from scale formation. The rising use of desalination and reverse osmosis systems in water-deficient areas is driving an increased demand for advanced scale-prevention solutions. Industries now spend more on modern treatment technologies due to growing environmental awareness of water conservation and recycling. Market expansion is driven by industrial development, urban growth, and new regulations on wastewater discharge, all of which create a demand for environmental control solutions. The Asia Pacific region, in particular, is experiencing strong growth due to infrastructure development, the expansion of manufacturing, and increased investment in water treatment. This has led to a high demand for sustainable antiscalant solutions.

• Published: May 2026

General Electric Company (US) and Siemens (Germany) are the leading key players in the Gas Insulated Switchgear Market

The global gas-insulated switchgear market is projected to grow from an estimated USD 28.00 billion in 2026 to USD 38.36 billion by 2031, at a CAGR of 6.5% during the forecast period. This rapid growth trajectory is primarily attributed to the increasing adoption of SF6-free switchgear solutions, the transition toward renewable energy integration, and the need for enhanced electrical safety and efficiency across power networks. Rapid urbanization and industrialization, particularly across emerging economies, are further accelerating the demand for reliable and compact power infrastructure solutions. Strong policy support, including regulations on SF6 gas emissions, grid modernization initiatives, and investments in smart grid networks, is accelerating project pipelines and investor confidence. Additionally, ongoing technological advancements in eco-efficient switchgear designs and digital monitoring capabilities are reducing levelized costs, making projects more commercially viable. The market is also benefiting from strategic collaborations between utilities, equipment manufacturers, and technology providers, which are facilitating large-scale deployments and strengthening the overall supply chain ecosystem.

• Published: May 2026