Research Insight

Market Leader - Metal Cleaning Chemicals Market

The global metal cleaning chemicals market will grow to  USD 18.2 billion by 2027, at a CAGR of 5.1% from USD 14.1 billion in 2022. Metal cleaning chemicals market is mainly driven by the growing preference for aqueous-based metal cleaning, need for metal precision cleaning, and rising need for industrial cleaning & maintenance are the major factors driving the metal cleaning chemicals market. The major restraints of this market are the toxicity and health issues caused by a few of these chemicals and the impact of these chemicals on the environment.

• Published: January 2023

Abbott (US) and F. Hoffmann-La Roche AG are Leading Players in the APAC In Situ Hybridization Market

The Asia Pacific in situ hybridization market is projected to reach USD 744 million by 2027 from USD 363 million in 2022, at a CAGR of 15.4% during the forecast period. The growth is largely driven by increasing government and private funding in life sciences and cancer research, the increasing number of reagent rental agreements, and the application of innovative technologies and methodologies in the fields of tissue and in vitro diagnostics.

• Published: January 2023

Top Vitamin & Mineral Premixes Companies: DSM (Netherlands), Corbion (Netherlands), Glanbia Plc (Ireland), and Vitablend Nederland BV (Netherlands)

The vitamin & mineral premixes market is estimated to be valued at USD 7.2 billion in 2022. It is projected to reach USD 9.8 billion by 2027 at a CAGR of 6.4%, in terms of value, during the forecast period. The growth of this market is attributed to the growing demand for fortified food & beverage products, the rise in consumption of compound feed, the growing need for food enrichment due to high processing levels of food products, and customized nature & specificity to individual customer requirements.

• Published: January 2023

Rigid Plastic Packaging Companies - Amcor Plc(Switzerland) and ALPLA(Austria) are Leading Players in the Rigid Plastic Packaging Market

The global Rigid plastic packaging market is projected to grow from USD 207.8 billion in 2022 to USD 262.5 billion by 2027, at a CAGR of 4.7%  between 2022 and 2027. The market is expected to witness significant growth due to its multiple applications in end-use industries such as beverage, food, and healthcare. Additionally, the global rigid plastic packaging market is driven by factors such as strong demand in major APAC markets (mainly India and China) and increasing demand from food & beverage packaging industries.

• Published: January 2023

Top Companies in Nuclear Power Plant Equipment Industry - General Electric (US) and Westinghouse Electric Company (US)

The Nuclear power plant equipment market is expected to grow from an estimated in USD 15.7 billion in 2022 to USD 18.6 billion by 2027, at a CAGR of 3.5%. The market for nuclear power plants and related equipment is divided into three categories: equipment, region, and reactor type. Reactor type, equipment type, and geographic location are used to segment the market for nuclear power plants and related equipment. The increasing demand for efficient and clean energy production is driving the demand for nuclear power plant equipment. The market has expanded as a result of technological developments in nuclear power machinery. However, the market expansion has been constrained by the challenges associated with managing nuclear waste, which includes radioactive waste. Future market expansion is anticipated to be profitable as a result of Asia-Pacific nations' growing reliance on nuclear energy.

• Published: January 2023

Supply Chain Security Market: Emerging Trends & Growth Forecast

According to MarketsandMarkets, the global supply chain security market will increase from an expected USD 2.0 billion in 2022 to USD 3.5 billion by 2027, with a compound yearly growth rate (CAGR) of 11.0%. The increased demand for real-time insight into supply chain assets, as well as an increase in cyberattacks across supply chains, are projected to drive market expansion.

• Published: January 2023

NanoString Technologies, Inc. (US) and 10X Genomics (US) are Leading Players in the APAC Spatial Genomics & Transcriptomics Market

The Asia Pacific Spatial Genomics and Transcriptomics Market is projected to reach USD 152 million by 2027 from USD 64 million in 2022, at a CAGR of 18.9% during the forecast period. The key factors driving the growth of the spatial genomics and transcriptomics market in the Asia Pacific are the reduced cost of next-generation sequencing (NGS) and the increasing adoption of spatial genomics & transcriptomics in drug discovery & development. However, the high capital investments associated with spatial genomics and transcriptomics are expected to restrain market growth to a certain extent.

• Published: January 2023

Emerging Trends in Product Engineering Services Market and Growth & Innovation

Over the course of the projection period, the global market for product engineering services is predicted to rise at a compound annual growth rate (CAGR) of 7.4%, from USD 1056.2 billion in 2022 to USD 1510.0 billion by 2027.

• Published: January 2023

Size and Share : Global Product Engineering Services Market

MarketsandMarkets projects that the size of the global market for product engineering services will increase at a compound annual growth rate (CAGR) of 7.4% from USD 1056.2 billion in 2022 to USD 1510.0 billion by 2027.

• Published: January 2023

Top Private LTE Companies - Huawei (China), Ericsson (Sweden), NEC(Japan) | MarketsandMarkets

The global private LTE market size is projected to grow from USD 5.0 billion in 2022 to USD 8.3 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 10.6% during the forecast period. The growing demand in industrial and commercial IoT and mobile robotics and ML are expected to shape the future of the private LTE market.

• Published: January 2023

List of Companies in Multiexperience Development Platforms Industry - Salesforce (US) and Outsystems (US)

As per MarketsandMarkets forecasts, the global Multiexperience Development Platforms Market is projected to grow from USD 2.7 billion in 2022 to USD 7.2 billion by 2027 at a compound annual growth rate (CAGR) of 21.8% during the forecast period.

The major factors driving the market's growth include the elimination of gaps in the required technical skills and increasing demand for chatbots, AI, AR, VR, and machine learning.

• Published: January 2023

Leading Companies in Trade Management Industry - Oracle (US), Infor (US) Thomson Reuters (US), Bolero International (UK) and Global Custom Compliance (China)

MarketsandMarkets forecasts the global trade management market size is expected to grow USD 0.9 billion in 2022 to USD 1.3 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 6.4% during the forecast period.

• Published: January 2023

Emerging Trends in Trade Management: Automation, Blockchain, Predictive Analytics & More

MarketsandMarkets projects that the size of the global trade management market will increase at a Compound Annual Growth Rate (CAGR) of 6.4% over the course of the forecast period, from USD 0.9 billion in 2022 to USD 1.3 billion by 2027.

• Published: January 2023

Trade Management Market Size and Share - Growth & Key Players

According to MarketsandMarkets' prediction, the size of the worldwide trade management market is predicted to increase at a compound annual growth rate (CAGR) of 6.4% from USD 0.9 billion in 2022 to USD 1.3 billion by 2027.

• Published: January 2023

North America IT Services Market: Emerging Trends & Growth Forecast

Over the course of the projection period, the size of the North America IT services market is anticipated to increase at a Compound Annual Growth Rate (CAGR) of 7.0%, from USD 500.0 billion in 2022 to USD 700.6 billion by 2027.

• Published: January 2023

North America IT Services Market Size, Share, Growth Drivers & Key Players

At a Compound Annual Growth Rate (CAGR) of 7.0% over the course of the forecast period, the size of the North America IT Services Market is anticipated to increase from USD 500.0 billion in 2022 to USD 700.6 billion by 2027.

• Published: January 2023

Communication Platform as a Service (CPaaS) Market Surges with AI, Omnichannel & Security at the Forefront

The global CPaaS market is expected to be worth USD 12.5 billion in 2022 and rise to USD 45.3 billion by 2027, increasing at a CAGR of 29.4%. One of the primary drivers of market expansion is the requirement for better customer service and client interaction.

• Published: January 2023

Communication Platform as a Service (CPaaS) Market Booms: 9 Drivers Fueling the Future of Business Communication

The global CPaaS market is expected to be worth USD 12.5 billion in 2022 and USD 45.3 billion by 2027, with a CAGR of 29.4%. One of the primary drivers of market expansion is the requirement for better customer service and client interaction.

• Published: January 2023

Hewlett Packard Enterprise (US), Wipro (India) and Capgemini (France) are leading players in North America IT Services Market

The North America IT services market size is expected to grow from USD 500.0 billion in 2022 to USD 700.6 billion by 2027 at a Compound Annual Growth Rate (CAGR) of 7.0% during the forecast period. IT services are the application of business and technical skills to support businesses in developing, managing, and accessing information and business processes. It permits a user or line to utilize IT as a managed service. Users may only use and pay for the services they require.

• Published: January 2023

Rising Demand for Innovative Solutions Drives Growth in Incident and Emergency Management Market

According to MarketsandMarkets, the global incident and emergency management market will increase from USD 121.4 billion in 2022 to USD 163.6 billion by 2027, with a cumulative annual growth rate (CAGR) of 6.2%. Government activities and laws related to incident and emergency management are projected to drive market expansion.

• Published: January 2023

Incident & Emergency Management Market Booming: Growth Drivers & Key Players

According to MarketsandMarkets, the global incident and emergency management market will increase from USD 121.4 billion in 2022 to USD 163.6 billion in 2027, with a compound yearly growth rate (CAGR) of 6.2%. Government initiatives and regulations for incident and emergency management are projected to drive market expansion.

• Published: January 2023

Top Companies List of Communication Platform as a Service Industry - Twilio (US), Sinch (Sweden), Vonage (US) | MarketsandMarkets

The global CPaaS market size is estimated to be valued at USD 12.5 billion in 2022 and is projected to reach USD 45.3 billion by 2027 during the forecast period, growing at a CAGR of 29.4%. The demand for improved customer service and client engagement is one of the key factors driving the market growth.

• Published: January 2023

Market Leaders: BASF SE Launched an Agricultural Inoculant, new Nodulaid, Specifically Designed for Australian Farmers to Support Livestock Grazing in Inoculants Market

The global inoculants market size is estimated to be valued at USD 1.1 Billion in 2022. It is anticipated to reach USD 1.7 Billion by 2027, recording a CAGR of 8.1% in value. . The need to reduce pollution from agricultural waste has led to an increase in the use of composting methods of farming. The application of agricultural inoculants in farming is considered one such improved composting method of farming; hence, the use of agricultural inoculants has increased. Furthermore, the demand for agricultural inoculants in developed economies is increasing due to growing demand of organic inputs used for improving farm yield.

• Published: January 2023

Thermal Management Companies - Henkel (Germany) and Honeywell International Inc. (US) are the Key Players

The global thermal management market was valued at USD 10.7 billion in 2022 and is projected to reach USD 19.3 billion by 2028, registering a CAGR of 9.7% from 2023 to 2028. The rise in demand for thermal management is attributed to the increasing need for advanced heat dissipation solutions.

• Published: December 2022

The key development strategies, namely new product launch/new product development, acquisition, collaboration, and agreement, are adopted by leading players for boosting the Carbon Fiber Tape Market

The global carbon fiber tape market size is expected to reach USD 4.4 billion by 2027, at a compound annual growth rate (CAGR) of 13.0% during the forecast period. Carbon fiber tape is flat material made by carbon fiber and for a given strength it weighs about one-seventh of the steel. Carbon fiber tape is used for sleeve winding, lap joining, repairs of cracks and selective reinforcement of carbon fiber fabrication in a variety of end-use industries, including aerospace & defense, marine, pipe & tank, construction & infrastructure, and sporting goods. Increasing demand from these end-use industries is driving the market.

• Published: December 2022

Underwater Acoustic Communication Companies - Teledyne Technologies Incorporated (US) and L3Harris (US) are the Key Players

Underwater acoustic communication market size is valued at USD 2.1 billion in 2023 and is anticipated to be USD 3.5 billion by 2028; growing at a CAGR of 11.0% from 2023 to 2028. Factors such growing demand for environmental monitoring and seafloor mapping are driving the growth of the market during the forecast period.

• Published: December 2022

Market Leader - Motor Lamination Market

The motor lamination market, by value, is projected to grow to USD 27.6 billion by 2027 from USD 21.9 billion in 2022, at a CAGR of 4.7% from 2022 to 2027. The base year for the report is 2021 and the forecast period is from 2022 to 2027. Motor laminations market is primarily driven by the rising demand for luxury vehicles with more performance and comfort. Along with this, increasing stringent pollution norms is also adding substantially to the use of performance application motor types during the forecast period.

• Published: December 2022

Smart Airports Companies - Siemens AG (Germany), IBM (US) and Cisco System Inc. (US) are the Key Players

The Smart Airports market size is projected to grow from USD 7.0 Billion in 2022 to USD 8.3 Billion by 2027, at a CAGR of 3.5% from 2022 to 2027. The increased usage of self-service technology, as well as the growing need for real-time information, are projected to fuel the expansion of the smart airports market.

• Published: December 2022

Henkel AG & Co. KGaA (Germany), Sika Group (Switzerland) are Leading Players in the Epoxy Adhesives Market

The global epoxy adhesives market is projected to grow from USD 9.2 billion in 2022 and is projected to reach USD 11.7 billion by 2027, at a CAGR of 5.0%, between 2022 and 2027 period. The growth opportunities in the epoxy adhesives market are increasing due to growing high-performance requirements, such as bonding dissimilar materials and substitution of synthetic substrates for traditional material.

• Published: December 2022

Lined Valve Companies - Emerson (US) and Carrier Flowserve Corporation (US) are the Key Players

The global lined valve market size is expected to grow from USD 3.4 billion in 2023 to USD 4.1 billion by 2028, at a CAGR of 4.2%. The rising necessity for adhering to government guidelines regarding process safety, the growing potential of end-user industries such as chemical and petrochemical, and the growing need for ensuring the purity of operations in the pharmaceutical industry are the key factors driving the lined valve market.

• Published: December 2022

Precision Planting Companies - Deere & Company (US) and Trimble Inc. (US) are the Key Players

The global precision planting market size is estimated to be USD 5.0 billion in 2022 and is projected to reach USD 8.2 billion by 2027, at a CAGR of 10.3% during the forecast period. Substantial cost-savings associated with precision planting and seeding equipment, surge in the adoption of advanced technologies in precision agriculture to reduce labor cost, and increasing promotion of precision planting techniques by governments worldwide. Moreover, climate change and need to meet rising demand for food, and focus on integration of geo-mapping and sensor data with planting equipment will drive the growth of the industry in the near future.

• Published: December 2022

Perovskite Solar Cell Companies - Hanwha Q CELLS (South Korea) and Microquanta Semiconductor (China) are the Major Players

The perovskite solar cell market is projected to grow from USD 271 million in 2024 to USD 2,268 million by 2028, registering a CAGR of 70.1% during the forecast period. The market growth is expected to be driven by the rising demand for energy, increasing government-led support in several countries, and growing concerns regarding environmental safety.

• Published: December 2022

Market Leaders - Car Care Products Market

The global car care products market is projected to grow at a CAGR of 1.9% during the forecast period, from an estimated USD 4.4 billion in 2022 to USD 4.8 billion by 2027. Increasing market for used cars, establishment of online distribution channels by established players to reach to a wider and larger set of customers will bring more growth to the car care product market. Car care products providers are investing in making new partnerships, joint ventures and innovating in terms of efficient business models to increase their reach into Asia Pacific market which is expected to be one of the fastest growing market in the forecast period.

• Published: December 2022

LyondellBasell (Netherlands) and SABIC (Saudi Arabia) are Leading Players in the Molded Plastics Market

The molded plasstics market size is projected to reach USD 675.7 billion by 2027 from USD 499.1 billion in 2022, at a CAGR of 6.2% during the forecast period. Increasing demand from packaging applications and rising sustainable plastic demand is driving the global molded plastics market. Furthermore, growth of automotive industry coupled with positive outlook for construction industry is driving the growth of the molded plastics market.

• Published: December 2022

Market Leaders - Top Focused Ion Beam

The global focused ion beam market is projected to reach USD 1.8 billion by 2028 from an estimated USD 1.3 billion in 2023, at a CAGR of 7.0% from 2023 to 2028. The growth of the focused ion beam market can be attributed to rising usage of FIB systems in electronics & semiconductor industry for failure analysis and initiatives of US government to strengthen semiconductor manufacturing.

• Published: December 2022

Market Leader - Cloud-native Application Protection Platform (CNAPP) Market

MarketsandMarkets forecasts that the global CNAPP market would grow from an estimated USD 7.8 billion in 2022 to USD 19.3 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 19.9% from 2022 to 2027. Increasing cyber threats and adoption of BYOD and remote work options among SMEs are some of the factors driving the market growth.

• Published: December 2022

IBM (US) and Evoke Technologies (US) are leading players in Open Source Services Market

MarketsandMarkets forecasts the global OSS market to grow from an estimated value of USD 25.6 billion in 2022 to 54.1 billion USD by 2027 at a compound annual growth rate (CAGR) of 16.2%. Lower cost of ownership of the software and the emergence of new technologies such as Iot and cloud are some factors driving the OSS market growth.

• Published: December 2022

Thermo Fisher Scientific, Inc. (US), Perkin Elmer, Inc. (US) and Illumina, Inc. (US) are Leading Players in the Bioinformatics Market

The global bioinformatics market was valued at USD 10.1 billion in 2022 and is projected to reach USD 18.7 billion by 2027, at a CAGR of 13.0% during the forecast period. The growth of the bioinformatics market is driven by the increasing public and private-sector funding for bioinformatics, growing demand for personalized medicine, increasing pharmaceutical and biotechnology R&D expenditure, and decreasing cost of genome sequencing. However, the high cost of equipment is hindering the growth of this market.

• Published: December 2022

Market Leaders: Lemnatec (Germany), Delta-T Devices Ltd. (United Kingdom), and Heinz Walz Gmbh (Germany) are Increasing their Market Share through deals Plant Phenotyping Market

The plant phenotyping market is projected to reach USD 437 million by 2027. Growing importance of sustainable crop production using improved crop varieties is driving the overall plant phenotyping market. Further to this, automation and significant advancements in application of imaging sensors for high-throughput data collection is also a major factor driving the demand for plant phenotyping.

• Published: December 2022

Green Mining Companies - BHP Billiton (Australia) and Anglo American Plc (UK) are Leading Players in the Green Mining Market

The global green mining market is projected to grow from USD 11.0 billion in 2022 to USD 17.6 billion by 2027, at a CAGR of 9.9% during the forecast period. The major driving factors for the growth of the green mining market are the growing focus on eco-friendly and sustainable practices in mining industry and government initiatives creating an awareness of sustainable mining.

• Published: December 2022

Market Leader - Hydrogen Storage Tanks and Transportation Market

The hydrogen storage tanks and transportation market is expected to grow from an estimated in USD 174 million in 2022 to USD 4,155 million by 2030, at a CAGR of 48.6% during the forecast period. Abundant availability of biomass and demand for off-grid power for rural electrification is expected to drive the market.

• Published: December 2022

Market Leaders: DSM and Glanbia PLC are Focusing on Partnerships, Expansions and Acquisitions to Consolidate their Position in the Customized Premixes Market

The global customized premixes market size is estimated to value at USD 1.9 billion in 2022 and is projected to reach USD 2.5 billion by 2027, recording a CAGR of 5.5%, in terms of value during the forecast period. The customized premixes cater to a range of food and beverages applications such as beverages, dairy products, bakery & confectioneries, . Their demand has been surging in recent years owing to the global rise in micronutrient deficiencies, increased consumer awareness for fortified food and beverages consumption and increased spending towards health and nutrition of pet animals.

• Published: December 2022

IBM (US), SAP (Germany), Informatica (US) and Talend (US) are leading players in Data Fabric Market

The Data Fabric market size to grow from USD 1.6 billion in 2022 to USD 6.2 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 30.9% during the forecast period. The Data Fabric market is expected to grow at a significant rate during the forecast period. Some factors driving the growth of the data fabric market are increasing volume and variety of business data, the emerging need for business agility and accessibility, and the growing demand for real-time streaming analytics.

• Published: December 2022

Market Leaders - Automotive Relay Market

The automotive relay market is projected to grow from USD 12.2 billion in 2022 to USD 15.5 billion by 2027, at a CAGR of 5.0% for the same period. The base year for the report is 2021, and the forecast period is considered from 2022 to 2027.

• Published: December 2022

LANXESS (Germany) and Wuhan Youji Industries Co., Ltd. (China) are Leading Players in the Benzoates Market

The global benzoates market is projected to grow from USD 429 million in 2022 to USD 540 million by 2027, at a CAGR of 4.7% during the forecast period. Benzoates are primarily used in personal care & cosmetic products, food & beverages, pharmaceutical, home care products, and others.

• Published: December 2022

Hazardous Area Equipment Companies - ABB Ltd. (Switzerland) and Siemens AG (Germany) are the Key Players

The hazardous area equipment market is projected to grow from USD 10.5 billion in 2023 to USD 14.1 billion in 2028; it is expected to grow at a CAGR of 6.1% from 2023 to 2028. The growth of the market is attributed to rising government regulations for industrial safety measures in hazardous environments. During the forecast period, the development of hazardous area equipment in industries such as oil & gas, chemical & pharmaceutical, food & beverage, and energy & power are expected to create growth opportunities for the market.

• Published: December 2022

Market Leaders: Tetra Laval (Switzerland), GEA Group (Germany), Alfa Laval (Sweden), SPX Flow (Us), and Elecster Oyj (Finland) are Projected To Dominate The Market Due To Their Hi-Tech Technology Solutions and Services to Meet Consumer Requirements in UHT Processing Market

The market for UHT Processing is estimated at USD 4.6 billion in 2022; it is projected to grow at a CAGR of 13.4% to reach USD 8.6 billion by 2027. UHT treatment of products would destroy any harmful microorganisms. Consumers are more concerned with products' food safety considerations, hence this factor has gained popularity. The increasing popularity of the UHT treatment has the potential to drive the UHT processing market to grow even more over the coming years.

• Published: December 2022

Market Leader - Blockchain Gaming Market

MarketsandMarkets forecasts that the global blockchain gaming market is projected to grow from USD 4.6 billion in 2022 to USD 65.7 billion by 2027 at a Compound Annual Growth Rate (CAGR) of 70.3% during the forecast period. Increased investments and funding in blockchain games are driving market growth.

• Published: December 2022

Market Leaders: Nestle SA Invested in Nescafe Plan 2030 to Reduce Greenhouse Gas Emissions, Improve Farmers Livelihoods, and Promote Regenerative Agriculture Market

The global regenerative agriculture market size is estimated to be valued at USD 8.7 billion in 2022. It is anticipated to reach USD 16.8 billion by 2027, recording a CAGR of 14.0% in value. Regenerative agriculture aims to increase farmer livelihoods, produce enough nutrient-dense food for the world's population, help mitigate climate change by storing carbon in soil and lowering greenhouse gas emissions, restore threatened biodiversity, enhance natural habitats, as well as prevent further deforestation and grassland conversion.

• Published: December 2022

Aircraft Braking System Companies - Safran (France), Collins Aerospace (US) are the Key Players

Aircraft Braking Systems are among the most vital parts of all types of aircraft, such as narrow-body aircraft, wide-body aircraft, business jets, cargo aircraft, military aircraft, and fighter jets. These systems are part of the landing gear used by aircraft wheels while landing and are responsible for safe landing and making the flight a safe and reliable mode of transport. The braking system in a flight is operated via hydraulics or pneumatically; modern electric brakes are operated electrically with the help of braking systems. A typical aircraft brake converts motion into heat energy due to friction. As a result, a significant amount of heat is generated onto the braking component. Proper equipment, maintenance, and regular inspection of aircraft brakes are necessary for the safe, effective, and efficient operation of an aircraft. A modern aircraft uses a basic disc braking system in which a disc is attached to the rotating wheel. A caliper at a fixed position produces friction which brings the aircraft to a stationary position. Weight, size, and landing speed influence the aircraft braking system, along with its design and complexity. The safety of aircraft has led to the increased deployment of aircraft braking systems to optimize their performance and ensure improved operational safety and efficiency.

• Published: December 2022