Research Insight

Digital Identity Solutions Market Growth, Size and Share : Top Trends and Key Players

Over the course of the projection period, the global market for digital identity solutions (DIS) is expected to increase at a Compound Annual Growth Rate (CAGR) of 19.3%, from USD 34.5 billion in 2023 to USD 83.2 billion by 2028.

• Published: July 2023

Emerging Trends in Blockchain Interoperability Market: Cross-Chain Solutions, Standards, Protocols, and More

According to projections, the size of the worldwide blockchain interoperability market would increase at a compound annual growth rate of 27.2% from USD 0.3 billion in 2023 to USD 1.0 billion by 2028.

• Published: July 2023

Boston Scientific Corporation (US), Rigicon, Inc. (US) and Coloplast Group (Denmark) are Leading Players in the Erectile Dysfunction Devices Market

The global erectile dysfunction devices market is projected to reach USD 2.7 billion by 2028 from USD 1.7 billion in 2023, at a CAGR of 8.8% during the forecast period. Growth in this market is attributed to the rising incidence of prostate cancers, the growing prevalence of diabetes, and the increase in the number of tobacco smokers.

• Published: July 2023

Barrier Films Companies - Berry Global Inc. (US) and Sealed Air (US) are Leading Players in the Barrier films Market

The barrier films market size is estimated to be USD 34.1 billion in 2023, and it is projected to reach USD 45.1 billion by 2028 at a CAGR of 5.7%. Barrier films are a specific kind of packaging material that has been developed to create a strong barrier against external factors like moisture, oxygen, light, and aroma. They find extensive use across multiple industries such as food and beverage, pharmaceuticals, electronics, and agriculture. These films are designed to safeguard products from the detrimental effects caused by exposure to air, moisture, or other external elements. By preventing the entry of oxygen, moisture, and light, barrier films significantly contribute to extending the shelf life of perishable goods and protecting the quality and integrity of various products. The market is segmented on the basis of materials such as Polyethylene (PE), Polypropylene (PP), Polyester (PET), polyamide, organic coatings, inorganic oxide coatings, and others. Barrier films market by packaging type are pouches, bags, blister packs, and others. The barrier films market is segmented on the basis of type such as metalized, transparent, and white. The barrier films are used in several end-use industries such as food & beverage packaging, Pharmaceutical packaging, agriculture, and others. One of the primary applications of barrier films is in food & beverage packaging. Barrier films play a crucial role in preserving the freshness, quality, and shelf life of various food products. They act as a protective barrier against moisture, oxygen, light, and other external factors that can degrade or spoil the food.

• Published: July 2023

Alpha Olefin Companies - Royal Dutch Shell (Netherlands) & Chevron Phillips Chemical Company (US) are Leading Players in the Alpha Olefins Market

The alpha olefins market size is projected to grow from USD 7.1 billion in 2023 to USD 9.3 billion by 2028, registering a CAGR of 5.6% during the forecast period. The alpha olefins market is primarily driven by the expanding petrochemical industry, which relies heavily on these versatile chemicals. Alpha olefins serve as key building blocks in the production of various high-value chemicals, including polyethylene, plasticizers, lubricants, surfactants, and synthetic fluids. With an increasing demand for these downstream products across industries such as packaging, automotive, construction, and personal care, the alpha olefins market is experiencing significant growth as manufacturers strive to meet the rising needs of these sectors. Thus, the increasing need for sustainable infrastructure and government initiatives to modernize and upgrade the existing infrastructure is expected to drive the demand for alpha olefins in the coming years.

• Published: July 2023

Compressor Rental Companies - Atlas Copco (Sweden), United Rentals, Inc. (US) are Leading Players in the Compressor Rental Market

The compressor rental market was valued at USD 4.4 billion in 2022 and is projected to reach USD 6.2 billion by 2028, at a CAGR of 5.8% between 2023 and 2028. This growth can be attributed to increasing customized air rental solutions demand to meet specific requirements.

• Published: July 2023

Piezoelectric Ceramic Companies - KYOCERA Corporation (Japan) and CTS Corporation (US) are Leading Players in the Piezoelectric Ceramics Market

The piezoelectric ceramics market is projected to reach USD 1.8 billion by 2028, at a CAGR of 4.9% from USD 1.4 billion in 2023. The growth of the global piezoelectric ceramics market can be attributed to the rising demand form medical sector and growing need for high performance sensor for various end-use industries such as consumer electronics, industry & manufacturing, automotive, medical and others.

• Published: July 2023

Thermoplastic Tape Companies - Toray Industries, Inc. (Japan), Teijin Limited (Japan) and Solvay (Belgium) are Leading Players in the Thermoplastic Tapes Market

The thermoplastic tapes market is projected to grow from USD 2.7 billion in 2023 to USD 4.4 billion by 2028, at a CAGR of 10.5% during the forecast period. Thermoplastic tape is a composite comprising properties of fibers and plastics (resins). These tapes are impregnated with various thermoplastic resins, including PAEK, PPS, PC, PA, PET, TPU, and others. Thermoplastic tapes are  used in various industries, including aerospace & defense, automotive & transportation, oil & gas, medical & healthcare, construction, and sports equipment manufacturing. The increasing demand for thermoplastic tapes in these industries are projected to fuel market development in the upcoming years.

• Published: July 2023

Asahi Kasei Corporation (Japan) and Beijing Strong Biotechnologies, Inc. (China) are Leading Players in the Glycated Albumin Assay Market

The global glycated albumin assay market is projected to reach USD 0.3 billion by 2028 from USD 0.2 billion in 2023, at a CAGR of 8.9% during the forecast period. Growth in the glycated albumin assay market is mainly driven by factors such as the rising prevalence of diabetes and increasing government focus on disease diagnosis.

• Published: July 2023

Captive Portal Market Size & Share: Latest Growth

At a compound annual growth rate (CAGR) of 13.4%, the size of the captive portal market is expected to increase from USD 0.9 billion in 2023 to USD 1.7 billion by 2028. The market for captive portals will expand as a result of consumers' growing need for safe and regulated access to WiFi networks. A captive portal's main goal is to prevent users from accessing a Wi-Fi hotspot until the system has validated and verified them. To improve control over who can access and use their WiFi network, businesses decide to deploy a Captive Portal solution.

• Published: July 2023

Growing Trends in the Global Captive Portal Market: Future Scope

The size of the captive portal market is expected to increase at a compound annual growth rate (CAGR) of 13.4% from USD 0.9 billion in 2023 to USD 1.7 billion by 2028. The captive portal industry will expand due to the growing need for regulated and secure access to WiFi networks. Restricting user access to a Wi-Fi hotspot until they have been confirmed and certified by the system is the main goal of a captive portal. Companies decide to put in place a Captive Portal solution in order to have more control over who may access and use their WiFi network.

• Published: July 2023

Top Companies in In-vehicle Infotainment Industry - Harman International (US), Panasonic Corporation (Japan), Alps Alpine Co Ltd (Japan), Robert Bosch GmbH (Germany), and Continental AG(Germany) are the Leading Players

The in-vehicle infotainment market is projected to grow from USD  16.4 billion in 2023 to USD  28.3 billion by 2028, at a CAGR of 11.6%. Growth in entertainment, safety & security, and navigation services, Increase in demand for rear-seat entertainment, and Growth of the smartphone industry and use of cloud technologies are driving the growth and advancements in the in-vehicle infotainment market.

• Published: July 2023

Danaher (US), Thermo Fisher Scientific (US) and Becton, Dickinson and Company (US) are Leading Players in the Cell Analysis Market

The global cell analysis market is projected to reach USD 33.9 Billion by 2028 from USD 20.2 Billion in 2023, at a CAGR of 10.9% during the forecast period. Increase in demand of cell-based assays in drug discovery and development applications is expected to positively impact the market growth. Cell-based assays have shown high biological relevance when compared with biochemical assays, suitable to enhance the process of drug discovery and developmen. Prediction of complexities associated with therapeutic response of a biological system is set to minimze the time of product-to-market duration, particularly for novel pharmaceutical candidates such as acell and gene therapies.

• Published: July 2023

IoT Security Market Emerging Trends and Growth Opportunities

According to MarketsandMarkets, the size of the global IOT security market is expected to increase at a compound annual growth rate (CAGR) of 23.1% from USD 20.9 billion in 2023 to USD 59.2 billion by 2028. This growth is fueled by a rapid increase in Industry 4.0 IoT security incidents stressing the need to strengthen cyber resilience, IoT vulnerabilities opening up new possibilities to hackers, a growing number of IoT security regulations, and rising security concerns for critical infrastructure.

• Published: July 2023

IoT Security Market Size, Share, Growth Drivers, and Key Players

According to MarketsandMarkets, at a Compound Annual Growth Rate (CAGR) of 23.1%, the size of the global IoT Security market is expected to increase from USD 20.9 billion in 2023 to USD 59.2 billion by 2028. This growth is fueled by a rapid increase in Industry 4.0 IoT security incidents stressing the need to strengthen cyber resilience, IoT vulnerabilities opening up new possibilities to hackers, a growing number of IoT security regulations, and rising security concerns for critical infrastructure.

• Published: July 2023

Transportation Management System Industry - Latest Trends and Innovations

According to MarketsandMarkets, the global Transportation Management System Market is anticipated to increase at a Compound Annual Growth Rate (CAGR) of 20.2% between 2024 and 2029, from USD 16.0 billion in 2024 to USD 40.3 billion by 2029. Transportation is a significant cost component for many businesses. TMS solutions help reduce these costs through features like route optimization, load consolidation, and real-time tracking. By ensuring that vehicles take the most efficient routes and are fully loaded, TMS minimizes unnecessary mileage and fuel consumption.

• Published: July 2023

Transportation Management System Market Size and Share - Latest Data and Analysis

The global Transportation Management System Market size is anticipated to increase at a Compound Annual Growth Rate (CAGR) of 20.2% between 2024 and 2029, from USD 16.0 billion in 2024 to USD 40.3 billion by 2029.

• Published: July 2023

Emerging Trends in Extended Detection and Response (XDR) Market: Convergence, Autonomous Solutions, Cloud-native Platforms, and More

Over the course of the forecast period, the global XDR market is expected to increase at a Compound Annual Growth Rate (CAGR) of 38.4%, from USD 1.7 billion in 2023 to USD 8.8 billion by 2028.

• Published: July 2023

Underwater Concrete Companies - Conmix (UAE) and Heidelberg Materials (Germany) are Leading Players in the Underwater Concrete Market

The underwater concrete market size is estimated to be USD 135.7 billion in 2023, and it is projected to reach USD 175.8 billion by 2028 at a CAGR of 5.3%. Underwater concrete refers to a type of concrete that is specifically designed and formulated to be placed and hardened underwater. It is used in various construction and engineering projects where the concrete needs to be poured and set in an aquatic environment, such as underwater foundations, dams, tunnels, marine structures, and offshore platforms.

• Published: July 2023

Top Companies list of Application Programming Interface (API) Security Market - Google (Apigee) (US), Salt (US), Noname (US) & Akamai (US)

The global API security market size is projected to grow from USD 744 million in 2023 to USD 3,034 million by 2028 at a Compound Annual Growth Rate (CAGR) of 32.5% during the forecast period.

The growth of the API security market is due to a rising number of breaches involving APIs. This trend has created a strong demand for robust API security measures to protect applications and integrations, effectively combating evolving risks. The crucial role of APIs in enabling seamless communication and data exchange within application ecosystems has also played a key role in driving the adoption of API security solutions. Hackers are increasingly targeting APIs due to their widespread usage and access to valuable data, further bolstering the growth of the API security market.

• Published: July 2023

Orchard Software Corporation (US) and CompuGroup Medical (CGM) are Leading Players in the Laboratory Information System (LIS) Market

The global laboratory information systems  market is projected to reach USD 4.0 billion by 2028 from USD 2.4 billion in 2023, at a CAGR of 10.8% during the forecast period. Growth in this market is predominantly driven by the need for laboratory automation and the development of integrated laboratory information systems. However, a lack of integration standards is expected to hamper the growth of this market during the forecast period to a certain extent.

• Published: July 2023

Boston Scientific Corporation (Massachusetts, US) and Medtronic plc (Dublin, Ireland) are Leading Players in the Microcatheters Market

The global microcatheters market is projected to reach USD 1,142 million by 2028 from USD 874 million in 2023, growing at a CAGR of 5.5% during the forecast period. Cardiovascular diseases, such as coronary artery disease and peripheral artery disease, are on the rise globally. Microcatheters are extensively used in interventional cardiology procedures, including angioplasty and stenting, to treat these conditions. The growing burden of cardiovascular diseases is driving the demand for microcatheters. Increasing awareness and availability of interventional treatments, rising demand for image-guided interventions, and Increasing investment in healthcare infrastructure are a few drivers that collectively contribute to the growth of the microcatheter market, and as healthcare technologies continue to evolve, the demand for microcatheters is expected to rise further in the coming years. However, higher initial high investment cost limits the entry of new participants and market growth.

• Published: July 2023

Top companies in Passenger Car Seat Industry - Adient Plc (US) and Lear Corporation (US) are Leading Players

The passenger car seat market is estimated to grow from USD 42.5 billion in 2023 to USD 46.1 billion by 2030 at a CAGR of 1.1% over the forecast period. The growth of this market can be attributed due to rising adoption of powered seats in mid segments and SUVs with growing demand for premium cars is driving the passenger car seats market.

• Published: July 2023

Top Companies in Blockchain Interoperability Industry - GAVS Technologies (US), Oracle (US), Fusion Foundation (Singapore), RioDeFi (China), Ontology (Singapore) and Quant Network (UK)

The global blockchain interoperability market size is projected to grow from USD 0.3 billion in 2023 to USD 1.0 billion by 2028 at a CAGR of 27.2% during the forecast period. The expansion of the blockchain interoperability market is propelled by the need for seamless communication and asset transfer between different blockchain networks, the growing adoption of dApps, and the emergence of diverse blockchain ecosystems, creating a necessity for interoperability to enable collaboration and access to a broader range of resources. Additionally, regulatory compliance requirements and the need for standardized frameworks contribute to the market’s growth as organizations seek interoperability solutions that ensure compatibility and seamless integration across blockchains.

• Published: July 2023

Hot & Cold Systems Companies - RWC (US) and Orbia (Mexico) are Leading players in the Hot & Cold Systems Market

The hot & cold systems market is projected to reach USD 27.0 billion by 2028, at a CAGR of 6.3% from USD 19.9 billion in 2023. Hot and cold systems are designed to efficiently transport fluids, such as hot water or chilled water, for various applications including heating, cooling, and process requirements in buildings and industrial sectors. These systems consist of insulated pipes, valves, pumps, and control systems that work together to maintain the desired temperature and flow of the fluid throughout the distribution network. The primary functions of hot and cold systems are to provide thermal comfort, enable temperature control, and facilitate the transfer of energy for heating and cooling purposes, ensuring efficient and reliable operation in different environments. Urbanization and infrastructure development in emerging economies act as key drivers for the hot & cold systems market.

• Published: July 2023

Parcel Sortation System Companies - Vanderlande (Netherlands) and Beumer Group (Germany) are the Key Players

The Parcel Sortation System Market is estimated to be worth USD 2.0 billion in 2023 and is projected to reach USD 2.8 billion by 2028, at a CAGR of 7.0% during the forecast period.

The thriving e-commerce industry and growing adoption of parcel sortation systems in the industry are major factors driving the growth of the global parcel sortation system market. Moreover, the rising demand for faster parcel delivery is also a key factor contributing to the market growth.

• Published: July 2023

Foremost Companies in the Primary Cells Market: Thermo Fisher Scientific, Inc. (US) and Merck KGaA (Germany)

The global primary cells market is projected to reach USD 2.8 billion by 2028 from USD 1.7 billion in 2023, at a CAGR of 10.5% during the forecast period. The growth of this market can be attributed to factors such as the is the growing advantages of primary human cells over cell lines, growth in pharmaceutical & biotechnology industries, increasing demand for monoclonal antibodies, government investments for cell-based research, and increasing cancer research.

• Published: July 2023

Market Leaders: BASF SE and Bayer AG are Increasing their Market Presence by Strategic Measures Such as Acquiring new Entities, Creating Innovative Solutions, and Implementing Growth-Oriented Initiatives in Order to Maintain their Competitive Advantage in Seed Market

The global seed market is valued at USD 58.8 billion in 2023. It is projected to reach USD 83.3  billion by 2028, recording a CAGR of 7.2% during the forecast period. Advances in biotechnology, genetics, and seed breeding techniques have revolutionized the seed industry. Genetic engineering, marker-assisted selection, and other technologies enable the development of seeds with desired traits, such as disease resistance, drought tolerance, or enhanced nutritional content. Genetically modified (GM) crops have gained adoption in several countries, particularly in major commodity crops like corn, soybeans, and cotton. The demand for GM seeds is driven by factors such as pest resistance, herbicide tolerance, and increased crop productivity. These are the factors that are propelling the growth of the seed market.

• Published: July 2023

mimedx (US) and Smith+Nephew (UK) are Leading Players in the Amniotic Products Market

The global Amniotic Products Market is projected to reach USD 1,289 million by 2028 from USD 900  million in 2023, at a CAGR of 7.4% during the forecast period. The growth of this market is due to the rising incidence of burn injuries and increasing number of traumatic wounds. However, High cost of amniotic membrane products may restrain the growth of this market.

• Published: July 2023

Micro Battery Companies - Cymbet Corporation (US) and Enfucell (Finland) are the Key Players

The global Micro Battery Market Size is expected to grow from USD 0.5 billion in 2023 to USD 1.3 billion by 2028, at a CAGR of 22.4% from 2023 to 2028. Medical such as flexible implants and foldable or rollable consumer electronics and wearables are becoming increasingly popular. These devices require printed flexible batteries to ensure a safe and uninterrupted power supply.

• Published: July 2023

Market Leaders: Major Players are Focusing on Investment and New Product Development to Strengthen their Market Position in Beneficial Insects Market

According to MarketsandMarkets, the beneficial insects market is projected to reach USD 1,630 million by 2028 from USD 877 million in 2023, at a CAGR of 13.2% during the forecast period in terms of value. The demand for beneficial insects is primarily driven by the rising demand for increasing organic farming and organic foods.

• Published: July 2023

Emerging Trends in Sales Performance Management Market

Over the course of the projection period, the Sales Performance Management market is anticipated to develop at a Compound Annual Growth Rate (CAGR) of 13.6%, from USD 2.3 billion in 2023 to USD 4.4 billion by 2028.

• Published: July 2023

Size and Share, Key Growth Factors in the Sales Performance Management Market

Compound Annual Growth Rate (CAGR) of 13.6% is anticipated throughout the forecast period, taking the sales performance management market from USD 2.3 billion in 2023 to USD 4.4 billion by 2028.

• Published: July 2023

F. Hoffmann-La Roche Ltd. (Switzerland) and Hologic, Inc. (US) are Leading Players in the CT/NG Testing Market

The global CT/NG testing market is projected to reach USD 2.7 billion by 2028 from USD 1.7 billion in 2023, at a CAGR of 8.6% during the forecast period. Factors such as the increasing prevalence of CT/NG infections, increasing investments and funds in CT/NG and growing awareness for diseases diagnosis are driving the growth of this market. However, operational barriers and the high cost of CT/NG testing instruments is likely to hamper the growth of CT/NG testing market.

• Published: July 2023

Naval Communication Companies - Honeywell International Inc. (US) and General Dynamics Corporation (US)are the Key Players

The global market for Naval Communication Market is estimated to be USD 3.3 Billion in 2023 and expected to reach USD 4.3 Billion by 2028 at a CAGR of 5.3% from 2023 to 2028. The naval communication market is primarily driven by a combination of factors. Technological advancements play a significant role in shaping the market landscape. Companies invest heavily in research and development to develop cutting-edge communication systems that cater to the unique needs of naval operations. These systems include secure and reliable communication networks, advanced radios, satellite communication solutions, and command and control systems.

• Published: July 2023

Cordierite Companies - DENSO Corporation (Japan) and Kyocera Corporation (Japan) are Leading Players in the Cordierite Market

The cordierite market is projected to reach USD 3.2 billion by 2028, at a CAGR of 5.1% from USD 2.5 billion in 2023. Cordierite is a commonly used material in automotive parts due to its excellent thermal properties and low thermal expansion coefficient. It is predominantly used in catalytic converters and diesel particulate filters (DPF) in the automotive industry. Cordierite offers several advantages that contribute to its market growth. It has excellent thermal stability, a low thermal expansion coefficient, and high resistance to thermal shock. These properties make it ideal for applications requiring high-temperature resistance, such as catalytic converters and DPFs. In addition, cordierite is cost-effective compared to alternative materials, which further drives its adoption in the market.

• Published: July 2023

Foremost Companies in the Chemiluminescence Immunoassay Market: F. Hoffmann-La Roche Ltd. (Switzerland) and Danaher Corporation (US)

The chemiluminescence immunoassay market is projected to reach USD 19.0 billion by 2028 from USD 13.2 billion in 2023, at a CAGR of 7.5% during the forecast period. Factors such as increasing incidence of chronic and infectious diseases and advancements in CLIA technologies will boost the growth of CLIA. For Instance, in 2021, DiaSorin and MeMed received the CE Mark for Liaison MeMed BV, which is a high-throughput chemiluminescent immunoassay enabling physicians to differentiate between bacterial and viral infections. Similarly, Inova Diagnostics Inc. received approval from the US FDA for its QUANTA Flash SARS-CoV-2 IgG chemiluminescent immunoassay under emergency use status. Some of the latest advancements seen in the CLIA systems include enhanced chemiluminescent substrate, multiplex CLIA assay, automation and highthroughput, and the development of point-of-care CLIA devices.

• Published: July 2023

World Defense Budget Analysis Companies - US and France are the Key Countries

The world defense budget is estimated to be USD 2,004.7 billion in 2023 and is expected to reach USD 2,546.9 billion by 2028 at a CAGR of 4.9% from 2023 to 2028. The increased geopolitical tensions and conflicts worldwide has led to a heightened focus on defense and security. Countries allocate larger budgets to strengthen their military capabilities and protect their national interests in an uncertain global landscape.

• Published: July 2023

Sintered Steel Companies - Sumitomo Electric Industries, Ltd. (Japan) and GKN Powder Metallurgy (UK) are Leading Players in the Sintered Steel Market

The sintered steel market is projected to grow from USD 24.4 billion in 2023 to USD 29.5 billion by 2028, at a CAGR of 3.9% during the forecast period. Sintered steel offers significant advantages in terms of cost-effectiveness, precision, and durability, making it a preferred choice in the automotive sector. As these industries continue to grow, driven by population growth, urbanization, and increasing air travel, the demand for sintered steel components such as gears, bearings, and structural parts is expected to rise.

• Published: July 2023

Paper Straw Companies - Hoffmaster Group Inc. (US) and Transcend Packaging Ltd. (UK) are Leading Players in the Paper Straw Market

The paper straw market is projected to grow from USD 4.9 billion in 2023 to USD 11.5 billion by 2028, recording a CAGR of 18.9% during the forecast period. The paper straw paper market is witnessing a significant surge in demand across various end-user industries, including foodservice, institutional, and household sectors. This growing demand can be attributed to several factors. Firstly, there is an increasing awareness and concern about the environmental impact of plastic straws. Plastic straws are non-biodegradable and contribute to pollution, particularly in marine environments. As a result, many countries and cities have implemented bans or restrictions on the use of plastic straws, leading to a shift towards more sustainable alternatives like paper straws. Additionally, the foodservice industry, including restaurants, cafes, and fast-food chains, is actively adopting paper straws as a means to enhance their sustainability credentials and meet consumer preferences. Consumers today are more conscious about their environmental footprint and are actively seeking out businesses that align with their values. Paper straws provide an eco-friendly alternative that addresses these concerns. Similarly, institutions such as schools, hospitals, and offices are also adopting paper straws as part of their sustainability initiatives.

• Published: June 2023

Top Companies in Sales Performance Management Industry - Oracle (US), SAP (Germany), Anaplan (US), Xactly (US) and Salesforce (US)

The Sales Performance Management market size is expected to grow from USD 2.3 billion in 2023 to USD 4.4 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 13.6% during the forecast period. The sales performance management market is driven by increasing automation to improve visibility and avoid calculation inaccuracies. The increase in the demand for metric-driven sales tools is a significant factor driving the market’s growth. The rising enterprise mobility to increase agent engagement and performance is another factor driving demand for sales performance management solutions.

• Published: June 2023

Top Lutein Companies: BASF SE (Germany), India Glycols Limited. (India) and Kemin Industries, Inc. (US)

The global lutein market was valued at USD 371 million in 2023 and is projected to reach USD 488 million by 2028, at a CAGR of 5.6% during the forecast period.

• Published: June 2023

Top Companies in In-Circuit Test Industry - Test Research, Inc. (TRI) (Taiwan), HIOKI E.E. CORPORATION (Japan) and SPEA S.p.A. (Italy)

The global in-circuit test market is projected to reach USD 1.4 billion by 2028 from an estimated USD 1.2 billion in 2023, at a CAGR of 3.6% during the forecast period. The surge in usage of printed circuit boards (PCBs) in consumer electronics and automotive electronics are driving the growth of the in-circuit test market as manufacturers strive to ensure the quality, reliability, and performance of these electronic devices.

• Published: June 2023

Top Compound Feed Companies: Cargill, Incorporated (US), ADM (US), and Charoen Pokphand Foods PCL (Thailand)

The compound feed market is estimated at USD 541.2 billion in 2023 and is projected to reach USD 668.3 billion by 2028, at a CAGR of 4.3% from 2023 to 2028.

• Published: June 2023

Small Modular Reactor Companies - State Atomic Energy Corporation ROSATOM (Russia), China National Nuclear Corporation (China), MITSUBISHI HEAVY INDUSTRIES, LTD. (Japan), Westinghouse Electric Company LLC (US) and GE Hitachi Nuclear Energy (US)

The small modular reactor market is projected to grow at a CAGR of 3.0% from USD 6.00 billion in 2024 to USD 7.14 billion by 2030. The growth is driven by the rapid decarbonization need, growing acceptance towards nuclear energy drives the small modular reactor market expansion. At COP28, more than twenty nations pledged to triple the nuclear power output by 2050, where advanced technologies like small modular reactors and microreactors positioned to be core to this global energy transition.

• Published: June 2023

Composite Repair Companies - Lufthansa Technik AG (Germany) and Air France KLM E&M (France) are Leading Players in the Composite Repair Market

The composite repair market is projected to grow from USD 18.6 billion in 2023 to USD 34.2 billion by 2028, at a CAGR of 13.0% during the forecast period. As composite parts replacement is costlier, composite repair is performed on disbands or delamination, holes or punctures, cracks, and other damages to bring back the part to its previous working condition.

• Published: June 2023

Artillery Systems Companies - Samsung SDI Co., Ltd. (South Korea) and Enfucell (Finland) are the Key Players

The artillery systems market is estimated to be USD 11.8 billion in 2023 and is projected to reach USD 16.0 billion by 2028, at a CAGR of 6.2 % from 2023 to 2028. The growing usage off artillery systems globally can be attributed to several factors. Artillery systems can be deployed in various terrains and can adapt to different operational requirements, making them valuable assets for military forces in different regions and scenarios. Modern artillery systems are equipped with advanced targeting systems and precision-guided munitions, allowing for accurate and targeted strikes, minimizing collateral damage and civilian casualties. The nature of modern conflicts has shifted towards asymmetrical warfare, with an emphasis on counterinsurgency operations and urban warfare. Artillery systems offer the ability to engage targets at a distance, penetrate fortified positions, and neutralize threats in complex urban environments.

• Published: June 2023

Membrane Contactor Companies - 3M (US), Hangzhou Cobetter Filtration Equipment Co., Ltd. (China) and Compact Membrane Systems (US) are Leading Players in the Membrane Contactor Market

The membrane contactor market is projected to grow from USD 290 million in 2023 to USD 394 million by 2028, at a CAGR of 6.3% from 2023 to 2028. Membrane contactors are more effective, smaller in size, use less energy, and can handle caustic or volatile materials, as compared to traditional separation techniques, they. They are used in a variety of industries, including food and beverage, water treatment, chemical processing, gas separation, pharmaceuticals, and environmental remediation.

• Published: June 2023

Extended Detection and Response Market Booming: Size and Share, Combat Evolving Threats & Streamline Security

Based on a Compound Annual Growth Rate (CAGR) of 38.4%, the size of the worldwide XDR market is expected to increase from USD 1.7 billion in 2023 to USD 8.8 billion by 2028.

• Published: June 2023

Emerging Trends in the Virtualized Evolved Packet Core (vEPC) Market

Growing at a CAGR of 18.7% over the course of the projected period, the global vEPC market, estimated to be worth USD 19.9 billion by 2028, is expected to start at USD 8.4 billion in 2023.

• Published: June 2023