Research Insight

Smart Warehousing Market Size, Trends, Growth, and Opportunities to 2028

From an estimated USD 20.4 billion in 2023 to USD 40.5 billion by 2028, the global smart warehousing market is expected to grow at a 14.6% compound annual growth rate (CAGR) over the forecast period. Major factors to boost the market growth include the emergence of multi-channel distribution networks, dynamic nature and globalization of supply chain networks, and the rising focus on green initiatives and sustainability to minimize waste.

• Published: September 2023

Smart Warehousing Market Emerging Trends and Growth Drivers

The market for smart warehousing is expected to grow at a 14.6% annual rate over the course of the forecast period, from an anticipated USD 20.4 billion in 2023 to USD 40.5 billion by 2028. Major factors to boost the market growth include the emergence of multi-channel distribution networks, dynamic nature and globalization of supply chain networks, and the rising focus on green initiatives and sustainability to minimize waste.

• Published: September 2023

Aircraft Pumps Companies - Safran (France) and Eaton Corporation plc (Ireland) are the Key Players

The global aircraft pumps market size is projected to grow from USD 3.6 billion in 2023 to USD 4.6 billion by 2028, at a CAGR of 4.8% from 2023 to 2028. The market is driven by various factors, such as Increasing air travel demand, technological advancements, aircraft fleet modernization, rising defense spending.

• Published: September 2023

Emerging Trends in the Global Zero Trust Security Market: Scope & Demand

The size of the worldwide market for zero trust security is anticipated to increase at a Compound Annual Growth Rate (CAGR) of 16.9% over the course of the forecast period, from USD 31.1 billion in 2023 to USD 67.9 billion by 2028. Rising trends in cloud usage and digital transformation are driving the zero trust security market, increasing attack surface and requiring more sophisticated security solutions. Organizations are also compelled by regulatory compliance requirements such as GDPR and HIPAA to implement zero trust security in order to guarantee data safety and compliance.

• Published: September 2023

Zero Trust Security Market Size & Share: Growth Factors

At a Compound Annual Growth Rate (CAGR) of 16.9% over the course of the forecast period, the size of the worldwide zero trust security market is expected to increase from USD 31.1 billion in 2023 to USD 67.9 billion by 2028. The market for zero trust security is expanding due to growing trends in cloud usage and digital transformation, which increase attack surfaces and call for more sophisticated security measures. In order to guarantee data protection and compliance, enterprises are also compelled by regulatory compliance requirements such as GDPR and HIPAA to implement zero trust security.

• Published: September 2023

Squalene Companies - Market Leaders in Squalene Market

In terms of value, the squalene market is estimated to grow from USD 141 million in 2022 to USD 202 million by 2028, at a CAGR of 6.34%. Squalene is a natural organic compound that is a type of hydrocarbon and is found in various sources, including shark liver oil, plant oils, and others. According to certain studies, squalene have potential health advantages. Due to its purported antioxidant and anti-inflammatory characteristics, it is occasionally marketed as a dietary supplement.

• Published: September 2023

AI Camera Companies - Sony Group Corporation (Japan) and Panasonic Corporation (Japan) are the Key Players

The global AI Camera market is expected to be valued at USD 7.6 billion in 2023 and is projected to reach USD 22.1 billion by 2028; it is expected to grow at a CAGR of 23.9% from 2023 to 2028. Product launches, acquisitions, partnerships, collaborations, strategic alliances, and expansions are the major growth strategies adopted by the market players. These strategies have enabled them to efficiently fulfil the growing demand for AI camera from different verticals and expand their global footprint by offering their products in all the major regions.

• Published: September 2023

Process Analyzer Companies - Emerson Electric Co. (US), Yokogawa Electric Corporation (Japan) and ABB (Switzerland) are the Key Players

The global Process Analyzer market is expected to grow from USD 7.8 billion in 2023 to USD 9.3 billion by 2028, registering a CAGR of 3.6%. The process analyzer market is rapidly expanding due to the demand for real-time monitoring and precise measurement in industries like pharmaceuticals, chemicals, and oil & gas, driving technological advancements and market growth.

• Published: September 2023

5G in Defense Companies - Ericsson (Sweden) and Huawei (China) are the Key Players

The 5G in Defense market is estimated to be USD 0.9 Billion in 2023 to USD 2.3 by 2028, at a CAGR of 19.9% from 2023 to 2028. 

• Published: September 2023

Feed Additives Industry - Upcoming Growth Trends in the Global Market

The feed additives market is estimated to be valued at USD 45.54 Billion in 2024 and poised to achieve a 5.6% CAGR, reaching USD 59.88 Billion by 2029. The global feed additives industry is a crucial component of the animal nutrition industry, playing a vital role in enhancing the quality and nutritional value of animal feed. Feed additives are substances added to animal feed to improve its nutritional content, digestibility, palatability, and overall performance of livestock and poultry.

• Published: September 2023

Agricultural Activator Adjuvants Market Size & Share - Future Growth Prediction

The global agricultural activator adjuvants market size is projected to reach USD 3.5 billion by 2028 from USD 2.6 billion by 2023, at a CAGR of 6.0% during the forecast period in terms of value.

• Published: September 2023

Agricultural Activator Adjuvants Industry - Upcoming Growth Trends in the Global Market

The global agricultural activator adjuvants market is projected to reach USD 3.5 billion by 2028 from USD 2.6 billion by 2023, at a CAGR of 6.0% during the forecast period in terms of value. The agricultural activator adjuvants industry plays a crucial role in modern farming practices by enhancing the efficacy and performance of agrochemicals, such as pesticides, herbicides, fungicides, and fertilizers. These adjuvants are formulated to improve the spreading, wetting, sticking, and penetration properties of agricultural chemicals, thereby maximizing their effectiveness while minimizing environmental impact.

• Published: September 2023

Evonik (Germany), BASF SE (Germany) and Croda International Plc (UK) are leading players in Agricultural Activator Adjuvants Market

The market for agricultural activator adjuvants is estimated at USD 2.6 billion in 2023; it is projected to grow at a CAGR of 6.0% to reach USD 3.5 billion by 2028. There is a growing demand for sustainable agricultural practices that minimize the environmental impact of farming. Agricultural activator adjuvants can help to reduce pesticide use and runoff and improve soil health. According to the United States Department of Agriculture (USDA), the use of an activator adjuvant with a herbicide reduced runoff by 50%. Agricultural activator adjuvants can help reduce the need for tillage by improving the water infiltration rate of the soil and making it more resistant to compaction. This allows plants to root more deeply and access more water and nutrients, which can lead to increased crop yields and improved soil health.

• Published: September 2023

Bare Metal Cloud Market- A Comprehensive Analysis of Growth Drivers and Key Players

Over the course of the projection period, the bare metal cloud market is anticipated to develop at a Compound Annual Growth Rate (CAGR) of 17.4%, from USD 8.5 billion in 2023 to USD 19.1 billion by 2028. The need for high-performance computing for big data and machine learning workloads is expected to drive the growth of the global bare metal cloud market.

• Published: September 2023

Bare Metal Cloud Market Trends, Challenges, and Opportunities

A Compound Annual Growth Rate (CAGR) of 17.4% is anticipated throughout the projection period for the bare metal cloud market, which is estimated to increase from USD 8.5 billion in 2023 to USD 19.1 billion by 2028. The need for high-performance computing for big data and machine learning workloads is expected to drive the growth of the global bare metal cloud market.

• Published: September 2023

Emerging Trends in MEA Cloud Computing Market: Hybrid Cloud, Edge Computing, AI, and More

The MEA Cloud Computing Market size is estimated to expand at a Compound Annual Growth Rate (CAGR) of 18.6 % during the forecast period, to reach USD 49.5 billion by 2028 from USD 21.1 billion in 2023.

• Published: September 2023

MEA Cloud Computing Market Growth Factors, Size and Share and Key Players Analysis

The MEA Cloud Computing Market is anticipated to reach USD 49.5 billion by 2028 from USD 21.1 billion in 2023, growing at a Compound Annual Growth Rate (CAGR) of 18.6% during the course of the forecast year.

• Published: September 2023

Structural Adhesive Tapes Companies - 3M Company (US), Avery Dennison Corporation (US) are Leading Players in the Structural Adhesive Tapes Market

The global structural adhesive tapes market size was USD 10.3 billion in 2022 and is projected to reach USD 13.0 billion by 2028, at a CAGR of 4.1% between 2023 and 2028. Growth in electrical & electronics, automotive, building & construction, and healthcare industries are propelling the development of the global structural adhesive tapes market in Asia Pacific.

• Published: September 2023

Top Companies in MEA Cloud Computing Industry - Microsoft (US), Google (US), AWS (US), IBM (US) and Alibaba Cloud (China)

The MEA Cloud Computing Market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 18.6 % during the forecast period, to reach USD  49.5 billion by 2028 from USD  21.1 billion in 2023. Businesses across MEA were increasingly adopting cloud computing to fuel their digital transformation efforts.

• Published: September 2023

Bio-based Leather Companies - Natural Fiber Welding, Inc. (US) and Ananas Anam Ltd. (UK) are Leading Players in the Bio-based Leather Market

In terms of value, the bio-based leather market is estimated to grow from USD 107 million in 2023 to USD 216 million by 2028, at a CAGR of 15.0%. Rising demand for eco-friendly and sustainable leather materials from industries such as footwear, garments & accessories, furniture, and automotive for a variety of applications is leading the market. In addition, most of the key industry players are investing in heavy research and development for more durable materials. During the forecast period, this is anticipated to expand the bio-based leather market even more. In contrast, the market growth is being constrained by expensive product costs & R&D expenses and the durability of bio-based leather.

• Published: September 2023

Emerging Trends in Innovation Management: AI, Sustainability, Agile, and More

The size of the worldwide market for innovation management is expected to increase at a Compound Annual Growth Rate (CAGR) of 10.8%, from USD 1.3 billion in 2023 to USD 2.1 billion by 2028.

• Published: September 2023

Key Factors Driving Growth in Innovation Management Market | Top Companies Overview

It is anticipated that the size of the global market for innovation management would increase at a Compound Annual Growth Rate (CAGR) of 10.8%, from USD 1.3 billion in 2023 to USD 2.1 billion by 2028.

• Published: September 2023

ESCO Technologies Inc. (US) and Burlington Medical (US) are Leading Players in the Radiation Shielding Material Market

The Radiation Shielding market is projected to reach USD 980 Million by 2028 from USD 714 Million in 2023, at a CAGR of 6.5% during the forecast. Factors such as Growing usage of nuclear medicine and radiation therapy for diagnosis and treatment, increasing use of particle therapy for cancer treatment, Growing incidences of cancer and Development of number of PET/CT scans technology have increased the demand of the Radiation Shielding Material Market.

• Published: September 2023

Maritime Patrol Aircraft Companies - Boeing (US) and Lockheed Martin Corporation (US) are the Key Players

The maritime patrol aircraft market is valued at USD 6.7 billion in 2023 and is projected to reach USD 11.9 billion by 2028, at a CAGR of 12.1 % from 2023 to 2028. The maritime patrol aircraft market is experiencing growth due to heightened global maritime security concerns. These aircraft are essential for safeguarding coastlines, monitoring illegal activities, and supporting search and rescue operations. Growing maritime trade and disputes are prompting increased investments in these aircraft for protection and surveillance purposes. Technological advancements are also contributing to market expansion by offering enhanced surveillance and communication capabilities. Additionally, the need for fleet replacements due to aging patrol aircraft is creating market opportunities for manufacturers.

• Published: September 2023

Fault Detection and Classification (FDC) Companies - Keyence Corporation (Japan) and Cognex Corporation (US) are the Key Players

The global fault detection and classification market was valued at USD 4.4 billion in 2022 and is projected to reach USD 7.4 billion by 2028; it is expected to register a CAGR of 8.9% during the forecast period. The increased complexity of systems and strong focus of manufacturers on automating quality control and quality assurance processes are attributed to the ever-increasing demand for fault detection and classification systems.    

• Published: September 2023

Top Companies List of Natural Language Processing (NLP) Industry - IBM (US), Microsoft (US) and Meta (US) | MarketsandMarkets

The natural language processing market is expected to grow from USD 18.9 billion in 2023 to USD 68.1 billion in 2028, at a CAGR of 29.3%  during the forecast period. The expansion of the natural language processing market is driven by multiple factors, such as advancements in text-analyzing computer programs, rising need for enterprise solutions to streamline business operations for better customer experience, surging demand for cloud-based NLP solutions to reduce overall costs and enhance scalability and demand for predictive analytics to reduce risks and identify growth opportunities.

• Published: September 2023

Membrane Filtration Industry - Upcoming Growth Trends in the Global Market

The membrane filtration market size is estimated to be valued at USD 7.0 billion in 2023 and is projected to reach USD 9.9 billion by 2028, at a CAGR of 7.2% from 2023 to 2028.  The membrane filtration industry is a rapidly expanding sector within the broader filtration and separation industry. Membrane filtration technologies, including reverse osmosis, ultrafiltration, microfiltration, and nanofiltration, are employed across various applications such as water and wastewater treatment, food and beverage processing, pharmaceutical and biotechnology production, and industrial processes.

• Published: September 2023

Membrane Filtration Market Size & Share - Future Growth Prediction

The membrane filtration market size is estimated to be valued at USD 7.0 billion in 2023 and is projected to reach USD 9.9 billion by 2028, at a CAGR of 7.2% from 2023 to 2028.

• Published: September 2023

Market Leaders - Membrane Filtration Market

The membrane filtration market is estimated at USD 7.0 billion in 2023 and is projected to reach USD 9.9 billion by 2028, at a CAGR of 7.2% from 2023 to 2028.

• Published: September 2023

Emerging Trends in the Global Natural Language Processing (NLP) Market

The natural language processing market is estimated to increase from USD 18.9 billion in 2023 to USD 68.1 billion in 2028, at a 29.3% CAGR over the forecast period. The natural language processing market is growing due to a variety of factors, including advances in text-analyzing computer programmes, a growing need for enterprise solutions to streamline business operations for a better customer experience, a surge in demand for cloud-based NLP solutions to reduce overall costs and improve scalability, and a demand for predictive analytics to reduce risks and identify growth opportunities.

• Published: September 2023

Flourishing Natural Language Processing (NLP) Market: Trends and Key Players

The natural language processing market is predicted to increase from USD 18.9 billion in 2023 to USD 68.1 billion in 2028, at a CAGR of 29.3% over the forecast period. Multiple factors are driving the growth of the natural language processing market, including advancements in text-analyzing computer programmes, a growing need for enterprise solutions to streamline business operations for a better customer experience, a surge in demand for cloud-based NLP solutions to reduce overall costs and improve scalability, and a demand for predictive analytics to reduce risks and identify growth opportunities.

• Published: September 2023

Top 10 Companies Shaping the Global Future of Healthcare IT Industry

Introduction:

The healthcare IT industry has witnessed exponential growth in recent years, primarily driven by the increasing adoption of e-prescribing, telehealth, mHealth, and various other healthcare IT solutions. However, the sector faces challenges related to interoperability and security concerns that are impacting its growth trajectory. This report aims to provide a comprehensive overview of the major players in the global healthcare IT industry, their financial status, growth strategies, and contributions to the industry's expansion.

• Published: September 2023

Chlorinated Polyvinyl Chloride Companies - Lubrizol Corporation (US) and Sekisui Chemical Co., Ltd. (Japan) are Leading Players in the Chlorinated Polyvinyl Chloride Market

The CPVC market is projected to grow from USD 1.6 billion in 2023 to USD 2.7 billion by 2028 at a CAGR of 11.1% during the forecast period. Chlorinated polyvinyl chloride (CPVC) is a specialized thermoplastic material derived by subjecting polyvinyl chloride (PVC) through the chlorination process. In this process, chlorine atoms are introduced into the PVC polymer chain, enhancing its properties, such as chemical resistance, flame-retardant characteristics, and heat resistance. These properties make CPVC efficient and suitable for various applications, including plumbing systems, fire protection, chemical & industrial equipment, power cable casing, adhesives & coatings, and others.

• Published: September 2023

Automotive Shredded Residue (ASR) Companies - Tomra Systems ASA (Norway) and Gallo (Belgium) are Leading Players in the Automotive Shredded Residue (ASR) Market

The Automotive shredded residue (ASR) market is projected to reach USD 1.6 billion by 2028, at a CAGR of 6.6% from USD 1.1 billion in 2023. The market growth is driven by factors such as regulatory pressure from government and environmental agencies, continuous technological advancement in post shredding technology, rising resource scarcity, and increasing demand for recycled materials.

• Published: September 2023

BioMerieux (France) and Becton, Dickinson and Company (US) are Leading Players in the Antimicrobial Resistance Surveillance Market

The global antimicrobial resistance surveillance market is projected to reach USD 7.7 billion by 2028 from USD 5.9 billion in 2023, at a CAGR of 5.6% during the forecast period . The growth in this market is driven by factors such as the growing prevalence of infections caused by drug-resistance pathogens, innovations in diagnostic technologies, escalating threat of antimicrobial resistance, growing government initiatives to combat antimicrobial-resistance species, and emergence of multi-drug resistance due to drug abuse. On the other hand, factors such as high cost of antimicrobial resistance diagnostic systems/ kits are limiting the growth of this market.

• Published: September 2023

Military Cloud Computing Companies - Amazon (US) and Google (US) are the Key Players

The military cloud computing market is estimated to be USD 8.5 billion in 2023 and is projected to reach USD 15.3 billion by 2028, at a CAGR of 12.5 % from 2023 to 2028. The growing use of military cloud computing worldwide can be attributed to the rise of data centric modern warfare. Military  Cloud computing offers a scalable and efficient platform for collecting, storing, processing, and analyzing vast amounts of data in real-time, providing commanders with critical insights and enhancing situational awareness. Amazon (US), Google (US), Oracle (US), Microsoft Corporation (US), General Dynamics Corporation (US) are some of the leading companies in the military cloud computing market.  To strengthen their position in this market, these companies have implemented a variety of growth strategies which include new product developments, contracts, collaborations, expansions, certifications, agreements, acquisitions, and R&D activities.

• Published: September 2023

Exploring Growth Drivers and Size, Share in the Role Based Access Control Market

The market for role-based access control is anticipated to increase from USD 8.7 billion in 2022 to USD 15.5 billion in 2027, with a Compound Annual Growth Rate (CAGR) of 12.2% over the course of the forecast period.

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

The growth of the Role-Based Access Control (RBAC) market is driven by several key factors. Here are the primary growth factors contributing to the expansion of the RBAC market:

• Published: September 2023

Camera Modules Companies - LG Innotek and OFILM Group Co., Ltd. are the Leading Manufacturers

The global camera modules market to grow from USD 43.3 billion in 2023 to USD 68.5 billion in 2028 at a CAGR of 9.6% during the forecast period. The increasing demand for smartphones and other consumer electronics products with built-in cameras, growing popularity of augmented reality (AR) and virtual reality (VR) applications, which require high-resolution camera modules, increasing use of cameras in automotive applications, such as driver assistance systems and parking assistance systems as well as development of new camera technologies, such as 3D cameras and thermal cameras, which are opening up new applications for camera modules. are the major driving factors for the growth of the camera modules market.

• Published: September 2023

Top Companies in EV Charging Cable Industry - Leoni AG (Germany), Aptiv (Ireland) and BESEN International Group (China) are Leading Players

The global EV charging cable market is projected to grow from USD 1.3 billion in 2023 to USD 3.9 billion by 2030, registering a CAGR of 16.7%. As awareness of environmental concerns and the benefits of EVs continues to rise, there has been a significant surge in the adoption of electric vehicles worldwide. This surge has naturally spurred the demand for efficient and innovative charging solutions, leading to a substantial expansion of the EV charging cable market. The market's growth can also be attributed to government incentives and initiatives aimed at promoting clean energy, further encouraging consumers to embrace electric mobility.

• Published: September 2023

Aramid Fiber Companies - Teijin Limited (Japan) and DuPont de Numerous, Inc. (US) are Leading Players in the Aramid Fiber Market

In terms of value, the aramid fiber market is estimated to grow from USD 4.7 billion in 2023 to USD 7.6 billion by 2028, at a CAGR of 9.9%. Rising demand for lightweight and flexible materials from the industries such as automotive, military and defense for variety of applications is leading the market. In addition, most of the key industry players looking for alternative materials that are lightweight, strong, and fuel-efficient as there are limitations concerning to the reduction of carbon emissions. During the forecast period, this is anticipated to fuel the aramid fiber market even more. In contrast, the market growth is being constrained by expensive R&D expenses and the non-biodegradability of aramid fibers.

• Published: September 2023

Siemens Healthineers (Germany) and GE HealthCare (US) are Leading Players in the Diagnostic Imaging Market

The global diagnostic imaging market is projected to reach USD 32.90 billion by 2030 from USD 26.51 billion in 2025, at a CAGR of 4.4% from 2025 to 2030. The growing prevalence of targeted diseases and technological advancements are driving market growth. There is an increasing demand for noninvasive diagnostic methods, such as breast cancer screening (mammography) and lung cancer screening (low-dose CT), which is contributing to a rise in imaging volume for various conditions.

• Published: September 2023

Weather Forecasting Services Companies - ABB and Emerson Electric Co. (US) are the Key Players

The Weather Forecasting Services Market is projected to grow from USD 1.9 Billion in 2023 to USD 2.8 Billion by 2028, at a CAGR of 8.2% during the forecast period. The growing demand for Weather Forecasting services and the continuous development of new technologies that make forecasting more competent and affordable are projected to propel the Weather Forecasting Services market in the upcoming years.

• Published: September 2023

Moderna, Inc. (US) and Alnylam Pharmaceuticals, Inc. (US) are Leading Players in the RNA Therapeutics Market

The RNA therapeutics market is projected to grow from USD 13.7 billion in 2023 to USD 18.0 billion by 2028 at a CAGR of 5.6%. RNA therapeutics have diverse abilities to target the desired protein/gene, and the ongoing research in RNA modification and delivery systems has helped in developing unique RNA-based formulations. As of 2022, the use of RNA therapeutics is approved for indications such as COVID-19, hemophilia A and B, cholesterol reduction, spinal muscular atrophy (SMA), polyneuropathy of hereditary transthyretin-mediated amyloidosis-(ATTR), and familial chylomicronaemia syndrome (FCS).

• Published: September 2023

Broadcast Equipment Companies - Cisco Systems Inc., (US) and Telefonaktiebolaget LM Ericsson (Sweden) are the Key Players

The global broadcast equipment market to grow from USD 5.2 billion in 2023 to USD 6.7 billion in 2028 at a CAGR of 5.3% during the forecast period.  Transition from analog to digital broadcasting and growing investments in content production are the major driving factors for the growth of the broadcast equipment market.

• Published: September 2023

ADvault, Inc.(US) and VyncaCare (US) are Leading Players in the Advance Directives Market

The global advance directives market is projected to reach USD 291.1 billion by 2028 from USD 122.9 billion in 2023, at a high CAGR of 18.8% during the forecast period. Factors such as increasing investment for in advance directives, rising government initiatives, rising availability of advance directives solutions that enable cost cutting are expected to drive market growth in the coming years. However, lack of awareness and education, cultural and communication barriers are some of the key factors restraining the growth of the advance directives market.

• Published: September 2023

Pharmaceutical Grade Lithium Carbonate Companies - Livent Corporation (US) and Albemarle Corporation (US) are Leading Players in the Pharmaceutical Grade Lithium Carbonate Market

The pharmaceutical grade lithium carbonate market is projected to grow from USD 141 million in 2023 to USD 166 million by 2028, at a CAGR of 3.3% from 2023 to 2028. Pharmaceutical grade lithium carbonate is a drug primarily utilized to treat mood disorders such as bipolar disorder and depression. It is a type of lithium, an alkali metal with been shown to have mood stabilizing properties. The most frequently prescribed form of lithium medicine is lithium carbonate.

• Published: September 2023

Siemens Healthineers AG (Germany) and GE Healthcare Company (US) are Leadig Players in the Image-Guided Radiation Therapy Market

The global image-guided radiation therapy market is projected to reach USD 2.4 billion by 2028 from USD 1.9 billion in 2023, growing at a CAGR of 5.2% during the forecast period. Cancers, such as head and neck cancer, prostate cancer, lung cancer, and breast cancer diseases, are on the rise globally. Image-guided radiation therapy is extensively used in non-invasive cancer treatments, including radiation therapy, to treat these conditions. The growing burden of cancer is driving the demand for image-guided radiation therapy. Increasing awareness and availability of non-invasive treatments, rising demand for image-guided radiation therapy, and Increasing government initiatives to manage cancerous diseases in healthcare are a few drivers that collectively contribute to the growth of the image-guided radiation therapy market, and as healthcare technologies continue to evolve, the demand for image-guided radiation therapy is expected to rise further in the coming years. However, higher initial investment cost limits the entry of new participants and market growth.

• Published: September 2023

Nanofiltration Membrane Companies - DuPont Water Solutions (US) and Toray Industries, Inc. (Japan) are Leading Players in the Nanofiltration Membrane Market

The nanofiltration membrane market is projected to reach USD 1.7 billion by 2028, at a CAGR of 10.8% from USD 1.0 billion in 2023. The growth of the global nanofiltration membrane market is driven by rising industrialization and urbanization, declining freshwater resources, and low energy consumption in nanofiltration. The demand for nanofiltration membranes is driven by the need for effective water treatment solutions. Nanofiltration is used to remove contaminants, such as bacteria, viruses, and organic compounds, from water, making it safe for consumption.

• Published: September 2023

Bio-Rad Laboratories, Inc. (US) and QuidelOrtho Corporation (US) are Leading Players in the Blood Group Typing Market

The blood group typing market is valued at an estimated USD 2.0 billion in 2023 and is projected to reach USD 3.0 billion by 2028 at a CAGR of 8.7% during the forecast period. Market growth is largely driven by the increasing prevalence of chronic diseases and the rising number of surgical procedures necessitating the need for blood donations.

• Published: September 2023

Conformal Coating Companies - Henkel AG & CO. KGAA (Germany) and Illinois Tool Works Inc. (US) are Leading Players in the Conformal Coating Market

The Conformal coatings market size is estimated to be USD 1.4 billion in 2023, and it is projected to reach USD 1.8 billion by 2028 at a CAGR of 5.3%. Conformal coatings refer to thin layers of protective material that are applied to electronic components and circuit boards. The primary purpose of these coatings is to shield these components from a range of environmental factors, including moisture, dust, chemicals, and temperature fluctuations. What sets conformal coatings apart is their ability to seamlessly "conform" to the intricate contours of the components and boards, creating a uniform and continuous protective barrier. These applications span sectors like electronics manufacturing, where circuit boards and connectors receive coatings to fend off moisture and contaminants, ensuring the continued functionality of devices. The automotive realm benefits from these coatings, too, as they shield sensitive electronics from the unforgiving conditions within vehicles, including temperature fluctuations and vibrations, critical for maintaining automotive control systems and entertainment setups. Similarly, aerospace and defense heavily rely on conformal coatings to protect electronics from the rigorous conditions inherent to aircraft, satellites, and military equipment. These coatings prove indispensable in medical devices, enhancing their reliability and safety by guarding against moisture, bodily fluids, and chemicals. Furthermore, industrial electronics, telecommunications, consumer electronics, LED lighting, and renewable energy systems all leverage conformal coatings to extend the lifespan and resilience of electronic components in their respective domains. In each application, the chosen coating material and application technique are tailored to meet the specific challenges and requirements posed by the industry and environment. The market is segmented on the basis of type, such as acrylic, silicone, epoxy, urethane, perylene, and others. The Conformal coatings are used in several end-use industries such as automotive & transportation, electronics, Industrial, aerospace, telecommunication, and others.

• Published: September 2023