Research Insight

Wearable AI Companies - Apple Inc. (US) and SAMSUNG (South Korea) are the Leading Manufacturers

The wearable AI market is projected to grow from USD 62.7 billion in 2024 and is estimated to reach USD 138.5 billion by 2029; it is expected to grow at a CAGR of 17.2% from 2024 to 2029.

• Published: March 2024

Absorbent Paper Companies - Kimberly-Clark Corporation (US) and International Paper (US) are Leading players in the Absorbent Paper Market

The global absorbent paper market size is estimated to be USD 135.0 billion in 2023 and is projected to reach USD 177.3 billion in 2028 at a CAGR of 5.6% during the forecast period. The market growth is driven by the rising hygiene and sanitation awareness, propelled by the surge in demand for adult incontinence products, and, and increasing demand for coffee filters in Europe, which serves as a pivotal catalyst for the absorbent paper market.

• Published: March 2024

Unveiling Emerging Trends in the Metaverse Market in 2024

According to MarketsandMarkets, the global Metaverse market will grow from USD 83.9 billion in 2023 to USD 1,303.4 billion by 2030, with a CAGR of 48.0% over the forecast period.

The proliferation of AR/VR/MR technologies, as well as an increase in partnerships and acquisitions in the metaverse and extended reality space, would drive market demand and growth.

• Published: March 2024

Tax Management Market Size and Share: Comprehensive Analysis and Insights

During the forecast period, the global tax management market is expected to grow from USD 21.0 billion in 2022 to USD 35.1 billion in 2027, with a compound annual growth rate (CAGR) of 10.8%.

The ongoing expansion of the number of digital financial transitions, transactions, and transformations, the complexity of tax rules, the increased use of nascent and innovative technology(ies) for tracking taxpayers, and strict government tax collection regulations are all driving growth in the tax management market. These provide profitable market prospects, opportunities, and improved service provision/delivery during the forecast period.

• Published: March 2024

Emerging Trends in the Insolvency Software Industry - Innovations & Insights

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

The government will increase demand for insolvency software by promoting the use of digitalized tools in a variety of industries, including BFSI. In today's rapidly changing digital environment, financial services businesses must embrace digital transformation. This shift enables customers to manage their finances more efficiently by integrating features such as chatbot-driven financial services and smartphone-based solutions into the daily routine.

• Published: March 2024

Application Security Market Size and Share: Comprehensive Analysis and Insights

The Application Security market is anticipated to rise sharply. Its estimated value is projected to reach USD 33.7 billion in 2024 and grow at a compound annual growth rate (CAGR) of 10.3% to USD 55.0 billion by 2029.

With more security breaches aimed at commercial applications, more people using mobile and cloud technologies, and favourable government laws, the industry is expected to grow significantly. For application security providers, there are a lot of opportunities due to the development of cutting-edge technologies like AI and ML and the increasing requirement to safeguard sensitive data privacy.

• Published: March 2024

Netflix (US) and Amazon (US) are the leading key players in the Video on Demand (VoD) Market

The global VoD market will grow from USD 211.82 billion in 2026 to USD 390.24 billion by 2031, at a CAGR of 13.0% during the forecast period. Video-on-Demand (VoD) is the growing consumer preference for flexible and on-demand entertainment. The increasing demand for regional and localized content is a major driver of the video-on-demand (VoD) market as audiences prefer content that reflects their language, culture, and local stories. Audiences tend to engage more with movies, series, and shows that reflect their local culture, language, and everyday experiences. As a result, streaming platforms are investing in locally produced films, regional language series, and collaborations with local creators and production studios. Subtitles and dubbing features also help platforms expand the reach of regional content to wider audiences. This focus on localization helps streaming providers attract new subscribers and strengthen viewer engagement across diverse geographic markets.

• Published: March 2024

Top Companies in Autonomous Train Industry - Alstom SA (France), Siemens AG (Germany) and Hitachi Ltd (Japan) are Leading Players

The autonomous train market is projected to reach USD 18.9 billion by 2030 from USD 13.6 billion in 2024 at a CAGR of 5.7%. The rise in demand for safety, security, and efficient mode of transportation across the globe is driving the autonomous train market. The increase in government funding allocated towards mass transit and efficient mode of transportation would boost the demand for autonomous train in the forecast period.

• Published: February 2024

NEC (Japan) and Microsoft (US are Leading Players in the Facial Recognition Market

The facial recognition market is projected to grow from USD 10.02 billion in 2026 to USD 20.68 billion by 2031 at a Compound Annual Growth Rate (CAGR) of 15.6% during the forecast period.

• Published: February 2024

Solar Photovoltaic Glass Companies - Xinyi Solar Holdings Ltd. (China) and IRICO Group New Energy Co., Ltd. (China) are Leading Players in the Solar Photovoltaic Glass Market

Updated on : June 19, 2024

The solar photovoltaic glass market is projected to grow from USD 7.8 billion in 2023 to USD 27.3 billion by 2028, at a CAGR of 28.4% from 2023 to 2028. The main reason for such growth is that global efforts to transition towards cleaner and more sustainable energy sources have led to a rising demand for solar energy. Solar PV glass is crucial in harnessing sunlight to generate electricity, making it an integral part of the renewable energy landscape.

• Published: February 2024

Outdoor Power Equipment Companies - Husqvarna Group (Sweden) and Stanley Black & Decker, Inc. (US) are the Leading Manufacturers

The global outdoor power equipment market size is expected to grow from USD 31.0 billion in 2024 to USD 36.5 billion by 2029, at a CAGR of 3.3%. Outdoor power equipment refers to machinery or tools that are used outdoors for various tasks such as lawn care, landscaping, forestry, construction, and agriculture. Outdoor power equipment include lawnmowers, chainsaws, leaf blowers, trimmers & edgers, tillers & cultivators, snow throwers, among others. These tools are typically powered by gasoline engines, electric motors, or rechargeable batteries, and they are designed to help with tasks that require power and efficiency in outdoor environments.

• Published: February 2024

Top Companies List of Corporate Lending Platform Industry - FIS (US), Finstra (UK) | MarketsandMarkets

The corporate lending platform market is expected to grow from USD 3.0  billion in 2024 to USD 11.0 billion in 2030, at a CAGR of 24.5%  during the forecast period. The corporate lending platform market is driven by various factors, such as digital transformation streamlines corporate lending through rapid tech adoption, customer demand drives seamless corporate lending platform development, and complex financial markets demand robust risk management in lending platforms.

• Published: February 2024

Aircraft Gears Companies - Arrow Gear (US) and Precipart (US) are the Key Players

The aircraft gears market is estimated to be USD 325 million in 2023 and is projected to reach USD 403 million by 2028, at a CAGR of 4.4 % from 2023 to 2028. The primary driving factors for the aircraft gears market include the Increasing aircraft deliveries along with Technological Advancements in aerospace industry. Arrow Gear (US), Precipart (US), Batom Co. Ltd (Taiwan), Gear Motions (US), Gibbs Gears (UK) are some of the leading companies in the aircraft gears market. These companies have leveraged various growth strategies including contracts, collaborations, expansions, certifications, agreements, acquisitions, and R&D activities.

• Published: February 2024

Top Companies List of Next-generation Firewall Industry - Palo Alto Networks (US) and Cisco (US) | MarketsandMarkets

The global next generation firewall market size is projected to grow from USD 5.0 billion in 2023 to USD 8.6 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 11.4% during the forecast period.

The changing cybersecurity landscape emphasizes regulatory compliance for enterprises, making Next-Generation Firewalls (NGFWs) crucial in meeting stringent data protection laws globally, like GDPR and CCPA. NGFW providers such as Palo Alto Networks and Fortinet integrate features like application control and intrusion prevention to enhance security.

Major Next-generation Firewall Companies Include:

• Palo Alto Networks (US)
• Cisco (US)
• Versa Networks (US)
• Cato Networks (Israel)
• Trend Micro (Japan)

• Published: February 2024

Composites Companies - Toray Industries, Inc. (Japan) and Teijin Limited (Japan) are Leading Players in Composites Market

The global composite market size was valued at approximately USD 108.8 billion in 2023 and is expected to reach to reach USD 181.7 billion by 2028, projecting a CAGR of 10.8%  during the forecast period between 2023 and 2028. A composite material is a mixture of two different materials with different properties, such as mechanical, micro-cracking, and fatigue resistance, remarkable tensile strength, electrical conductivity, and high strength-to-weight ratio, which, when combined, offers an end-product with superior properties. Composites are composed of reinforcement fibers bound together by polymer matrix resins. Various fibers (glass, carbon, natural, and others) and polymer matrix (thermoset and thermoplastic) can be used in composites depending on applications and the required specifications. Composites are used in several end-use industries, including aerospace & defense, automotive & transportation, wind energy, marine, pipe, tanks & pressure vessel, construction & infrastructure, and electronics.

• Published: February 2024

Top Companies in Pipette Calibrators Market - METTLER TOLEDO (US) and Sartorius AG (Germany) are the Leading Players

The pipette calibrators market is projected to reach USD 391 million by 2029 from USD 286 million in 2024, at a CAGR of 6.5% during the forecast period. Growth in this market is driven by the integration of strict quality standards and regulations, growing automation, and global expansion of biotechnology & pharmaceutical industries. However, due to budget constraints small and mid-sized laboratories will restrain the market.

• Published: February 2024

Top Companies in BPaaS - Accenture (Ireland), TCS (India) | MarketsandMarkets

The BPaaS market is expected to grow at a Compound Annual Growth Rate (CAGR) of 8.0% during the forecast period, from USD 63.3 billion by 2023 to USD 92.9 billion by 2028. The adoption of BPaaS solutions is expected to be driven by the increasing need of organizations to enhance business efficiency, improve scalability and flexibility, and make informed decisions.

• Published: February 2024

Architectural Metal Coatings Companies - Axalta Coating Systems Ltd (US) and Beckers Group (Germany) are Leading Players in the Architectural Metal Coatings Market

The global architectural metal coatings market size is projected to grow from USD 5.3 billion in 2023 to USD 6.7 billion by 2028, at a CAGR of 4.6%. The propulsion of this market growth is largely attributed to the burgeoning demand from the construction sector, particularly in emerging economies where the pace of infrastructural development is accelerating.

• Published: February 2024

Retail Automation Companies - Honeywell International Inc. (US) and NCR VOYIX Corporation. (US) are the Key Players

The global retail automation market is expected to be valued at USD 27.6 billion in 2024 and is projected to reach USD 44.3 billion by 2029; it is expected to grow at a CAGR of 9.9% from 2024 to 2029. Market participants have adeptly minimized labor costs by embracing automation, extending their global reach through strategic growth approaches like introducing new products, and collaborations, establishing alliances, forging partnerships, and expanding their operations.

• Published: February 2024

Leading Companies in Egg Processing Industry - Cal-Maine Foods, Inc. (US), Rose Acre Farms (US) and SKMEgg.com (India)

The egg processing market is estimated at USD 33.3 billion in 2024 and is projected to reach USD 41.9 billion by 2029, at a CAGR of 4.7% from 2024 to 2029. Exploring sustainable feed sources such as insect-based protein and algae reduces environmental impact and caters to ethical concerns, attracting new customers. Waste reduction technologies minimize costs and create valuable resources from "waste," offering differentiation and market advantages. Switching to renewable energy sources such as solar power reduces dependence on fossil fuels, lowering energy costs and improving profit margins. These practices not only benefit the environment and consumers, but also lead to cost savings, resource efficiency, market growth, and long-term success for the egg processing industry.

• Published: February 2024

Top Companies List of Speech Analytics Industry - NICE (US), Verint (US) and Avaya (US) | MarketsandMarkets

The speech analytics market is projected to grow from USD 3.3 billion in 2024 to USD 7.3 billion by 2029, at a compound annual growth rate (CAGR) of 17.5% during the forecast period. Some factors driving the growth of the speech analytics market are the increasing need to upgrade omnichannel integration capabilities, the growing need to enhance and monitor agent performance, and the rising need to leverage analytics for customer retention and better customer satisfaction.

• Published: February 2024

Land Survey Equipment Companies - Hexagon AB (Sweden) and Trimble Inc. (US) are the Key Players

• Published: February 2024

Top Companies in Chromatography Reagents Market - Merck KGaA (Germany) and Waters Corporation (US) are the Leading Players

The Chromatography Reagents Market is projected to reach a valuation of USD 6.8 billion in 2024, with an anticipated surge to USD 11.5 billion by 2029, exhibiting a CAGR of 11.0% throughout the forecast period. Growth in the chromatography reagents market is mainly driven by factors such as Growing pharmaceutical and biopharmaceutical R & D activities, Rising concerns for food safety, and Growing utilization of chromatography in drug development and omics research. However, lack of skilled professionals and rising prices of organic solvents will affect market growth negatively during the forecast period.

• Published: February 2024

Digital Scent Technology Companies - Siemens (Germany) and Amphenol Corporation (US) are the Key Players

The Digital Scent Technology market is projected to grow from USD 1.2 billion in 2024 and is projected to reach USD 2.0 billion by 2029; it is expected to grow at a CAGR of 10.5% from 2024 to 2029. The growth of the Digital Scent Technology market is driven by the rising adoption of compact, portable, and IoT-enabled e-noses; and integration of e-nose and synthesizers into smart homes.

• Published: February 2024

Contactless Connector Companies - STMicroelectronics (Switzerland) and TE Connectivity (Switzerland) are the Key Players

The global contactless connector market is expected to be valued at USD 220 million in 2024 and is projected to reach USD 480 million by 2029; it is expected to grow at a CAGR of 16.9% from 2024 to 2029. Product launches, acquisitions, partnerships, collaborations, agreements, and expansions are the major growth strategies adopted by the market players. These strategies have enabled them to efficiently fulfill the growing demand for Contactless connector from different verticals and expand their global footprint by offering their services in all the major regions.

• Published: February 2024

List of Automation Testing Industry - IBM (US) and Microsoft (US) | MarketsandMarkets

The global automation testing market size is estimated to grow from USD 28.1 billion in 2023 to USD 55.2 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 14.5% during the forecast period. The reusability of automated test scripts stands as a pivotal factor driving the growth and widespread adoption of automation testing in the software development landscape.

This characteristic allows test scripts to transcend individual stages of development and adapt seamlessly to various releases, providing a level of consistency and efficiency unparalleled in manual testing. The ability to reuse automated test scripts across different phases of the development lifecycle not only minimizes redundancy but also fosters a streamlined testing process.

This efficiency is crucial in agile and iterative development models where software undergoes frequent updates. Automated test scripts become valuable assets that maintain their relevance over time, offering a cost-effective and time-saving approach to testing. By effortlessly adapting to multiple scenarios, these reusable scripts contribute to thorough test coverage, ensuring that software functionalities remain robust and dependable across diverse development stages and release cycles. This intrinsic reusability feature significantly enhances the scalability and effectiveness of automation testing, making it an indispensable tool for organizations striving to meet the demands of rapid and high-quality software delivery.

• Published: February 2024

Top Next Generation Emergency Response System Companies - Motorola Solutions (US), Hexagon (Sweden) | MarketsandMarkets

The next generation emergency response system market size is projected to grow from USD 2.4 billion in 2023 to USD 3.3 billion by 2028, at a CAGR of 7.0% during the forecast period. Traditional 911 systems are limited in their capabilities, only supporting voice calls. Next generation emergency response systems, on the other hand, can handle text messages, videos, and photos, as well as data such as medical history and location information. This allows for richer communication and more informed decision-making by emergency responders.

• Published: February 2024

LED Lighting Companies - Signify Holding (Netherlands) and Acuity Brands, Inc.(US) are the Key Players

The LED Lighting Market is projected to reach USD 118.4 billion by 2029 from USD 78.9 billion in 2024; it is expected to grow at a CAGR of 8.5% from 2024 to 2029.

• Published: February 2024

Space-Based Solar Power Companies - Airbus (Netherlands) and Northrop Grumman (US) are the Key Players

• Published: February 2024

Natural Personal Care Ingredients Companies - Market Leader in Natural Personal Care Ingredients Market

In terms of value, the natural personal care ingredinets market is estimated to grow from USD 5.3 billion in 2023 to USD 7.9 billion by 2028, at a CAGR of 8.3%. Natural personal care ingredinets have grown in popularity as the enriched quality of natural products and demand for natural label products has increased tremendously worldwide in the last two decades. These factors drive the natural personal care ingredinets market.

• Published: February 2024

3D and 4D Technology Companies - Samsung (South Korea) and GE Healthcare (US) are the Key Players

The 3D and 4D technology market is projected to grow from USD 399.7 billion in 2024 and is projected to reach USD 866.5 billion by 2029; it is expected to grow at a CAGR of 16.7% from 2024 to 2029.

• Published: February 2024

Leading Companies in Organic Soy Protein Isolates Industry - ADM (US), Xinrui Group (China) and Shandong Saigao Group Corporation (China)

The organic soy protein isolates market, currently valued at USD 197 million in 2024 and poised to achieve a 5.4% CAGR, reaching USD 257 million by 2029, is experiencing transformative shifts and innovations. The organic soy protein market represents a dynamic and diverse sector within the food industry, encompassing products like organic soy protein isolate. In recent times, there has been a consistent surge in the demand for organic soy protein products, driven by various factors, and this upward trajectory appears to continue.

• Published: February 2024

Organosheet Companies - Ensinger (Germany) and Toray Industries Inc. (Japan) are Leading Players in the Organosheet Market

The organosheet market is projected to grow from USD 0.6 billion in 2023 to USD 1.0 billion by 2028, at a CAGR of 12.0% during the forecast period. The rising demand for lightweight materials that are sustainable and recyclable from various end-use industries is expected to drive the organosheet market. The primary growth drivers for this market are the aerospace & defense, sporting goods, and transportation industries, as well as the increased need for lightweight, environmentally friendly, and high performance materials such as organosheets. Additional factors driving market expansion include corrosion resistance, a higher strength-to-weight ratio, lower maintenance, and a longer lifecycle than traditional materials like aluminum and steel.

• Published: February 2024

Industry 5.0 Companies - ABB and Honeywell International Inc. are the Key Players

The global Industry 5.0 market is expected to grow from USD 65.8 billion in 2024 to USD 255.7 billion in 2029 at a CAGR of 31.2% during the forecast period. The expansion of the Industry 5.0 market is driven by several factors, including rapid technological advancements in artificial intelligence, robotics, the Internet of Things (IoT), and industrial 3d printing. This evolution responds to the increasing demand for customized products and personalized experiences, fostering a human-centric approach to manufacturing that empowers workers with advanced tools and technologies.

• Published: February 2024

Top Bread Improvers Companies - Puratos (Belgium), Lesaffre (France) and International Flavors & Fragrances Inc. IFF (US)

The bread improvers industry, currently valued at USD 1.5 Billion in 2023 and poised to achieve an 5.9% CAGR, reaching USD 1.9 Billion by 2028, is experiencing transformative shifts and innovations. The bread improvers industry is experiencing significant growth, driven by technological developments, changing consumer preferences, and regulatory changes in the bread improvers business. The way bread products are made, sold, and consumed is being revolutionized by these dynamics, which are also changing conventional baking techniques. Growing consumer demand for products with clean labels and healthier ingredients is one important trend reshaping the market. Bread options free of chemicals, preservatives, and artificial additions are becoming increasingly popular. According to a study by MDPI on Clean Label in Bread, published in September 2021, in recent years, there has been a steady rise in the popularity of clean-label trends, with regulatory standards varying by region. As mentioned in the same source, consumers are increasingly prioritizing healthier lifestyles, as evidenced by a significant 11.3% growth in sales of natural bread and baking goods in the United States within the last year up to March 2020. Similarly, in Europe, consumers are placing greater emphasis on scrutinizing product ingredient lists, leading to the widespread success of clean-label products. As a result, producers are experimenting with organic and natural ingredients and creating bread improvers that boost nutritional profiles without sacrificing texture or flavor.

• Published: February 2024

Textile Coatings Companies - Covestro AG (Germany) and Solvay SA (Belgium) are Leading Players in the Textile Coatings Market

In terms of value, the textile coatings market is estimated to grow from USD 4.4 billion in 2023 to USD 5.4 billion by 2028, at a CAGR of 4.6%. Rising demand for textile coatings from industries such as transportation, building & construction, protective clothing, industrial, medical, and other end-use industries for a variety of applications is leading the market. During the forecast period, this is anticipated to expand the textile coatings market even more.

• Published: February 2024

Top Pea Protein Companies - Roquette Frères (France), ADM (US), Ingredion (US) and Kerry Group Plc. (Ireland)

The pea protein market is estimated at USD 2.1 billion in 2024 and is projected to reach USD 3.7 billion by 2029, at a CAGR of 12.0% from 2024 to 2029.

• Published: February 2024

Top Companies in Microbiome Diagnostics Market: DNA Genotek (Canada) and Microba Life Sciences (US) are the Leading Players

The global microbiome diagnostics market is projected to reach USD 300 million by 2028 from USD 146 billion in 2023, at a CAGR of 15.5% during the forecast period. The microbiome diagnostics market is driven by the rising incidence of diseases, the collaborative efforts between the microbiome industry and academia for microbiome research and the growing demand for personalized medicine. The top players in this market are Microba Life Sciences (US), DNA Genotek (Canada), and Genetic Analysis AS (Norway). These players hold leading positions in the market owing to their broad product offerings in the microbiome diagnostics market. These mentioned players have undertaken various organic and inorganic growth strategies such as product launches and approvals, collaborations, and agreements to retain their position in the market.

• Published: February 2024

EMC Shielding and Test Equipment Companies - PARKER HANNIFIN CORP (US) and PPG Industries, Inc. (US) are the Key Players

The global EMC shielding and test equipment market is expected to be valued at USD 8.4 billion in 2024 and is projected to reach USD 11.3 billion by 2029; it is expected to grow at a CAGR of 6.2% from 2024 to 2029. Market participants have adeptly addressed rising EMC shielding and test equipment demands in diverse industries, extending their global reach through strategic growth approaches like introducing new products, acquiring assets, forging partnerships, fostering collaborations, establishing alliances, and expanding their operations.

• Published: February 2024

Top Companies in Racing Simulator Industry - CXC Simulations (US), Trak Racer (Australia) and Vi-Grade GmbH (Germany) are the Leading Players

The racing simulator market is estimated to grow from USD 0.5 billion in 2024 to USD 1.1 billion by 2030, at a CAGR of 15.6% during the forecast period. The base year for the report is 2023, and the forecast period is 2024 to 2030.

• Published: February 2024

Pea Protein Market Size & Share - Expected Industry Growth in Years to Come

The global pea protein industry encompasses the commercial activities related to the production, distribution, and sale of pea protein as a standalone ingredient or as an additive in various food, beverage, and dietary supplement products. This market includes manufacturers, suppliers, distributors, retailers, and consumers involved in the trade of pea protein-based products worldwide.

• Published: February 2024

Bread Improvers Industry - Upcoming Growth Trends in the Market

The global bread improvers market is on a trajectory of significant expansion, with an estimated value projected to reach USD 1.9 billion by 2028 from the 2023 valuation of USD 1.5 billion, displaying a promising Compound Annual Growth Rate (CAGR) of 5.9%.

• Published: February 2024

Pea Protein Industry: Upcoming Growth Trends in the Market

The pea protein market is estimated at USD 2.1 billion in 2024 and is projected to reach USD 3.7 billion by 2029, at a CAGR of 12.0% from 2024 to 2029.

• Published: February 2024

Bread Improvers Market Size & Share - Future Growth Expectations

The global bread improvers market size is on a trajectory of significant expansion, with an estimated value projected to reach USD 1.9 billion by 2028 from the 2023 valuation of USD 1.5 billion, displaying a promising Compound Annual Growth Rate (CAGR) of 5.9%.

• Published: February 2024

Synthetic Lubricants Companies - Shell plc (UK) and Exxon Mobil Corporation (US) are Leading Players in the Synthetic Lubricants Market

In terms of value, the synthetic lubricants market is estimated to grow from USD 41.2 billion in 2023 to USD 48.0 billion by 2028, at a CAGR of 3.1%. Rising demand of synthetic lubricants from industries such as automotive, aerospace, marine, construction, power generation and others for variety of applications is leading the market. During the forecast period, this is anticipated to expand the synthetic lubricants market even more.

• Published: February 2024

Commercial Electric Aircraft Companies - Heart Aerospace (Sweden) and Eviation (Israel) are the Key Players

The commercial electric aircraft market is estimated to be USD 97 million in 2026 to USD 692 million in 2031 and is projected to reach USD 1,467 million by 2035, at a CAGR of 20.7 % from 2031 to 2035. The primary driving factors for the commercial electric aircraft market include the Increasing Technological Advancements in aerospace industry, and focus on sustainable aviation. 

• Published: February 2024

Top Companies in Organ-on-Chip Market: Emulate, Inc. (US) and CN Bio Innovations Ltd (UK) are the Leading Players

The global organ-on-chip market is expected to reach USD 631,073 thousand by 2029 from USD 123,285 thousand in 2024, at a CAGR of 38.6% during the forecast period. Growth in the organ-on-chip market is mainly driven by factors such as growing emphasis on animal free drug testing, and an increase in the adoption of organ-on-chip technology by pharma and biotech companies for drug discovery and development. However, due to the limited scalability and low throughput of the current organ-on-chip technology, the use of this technology is restricted only to the pre-clinical drug development phase.

• Published: February 2024

Top Companies in Rodenticides Industry - BASF SE (Germany), Syngenta AG (Switzerland) and Anticimex ( Sweden)

The rodenticides market is estimated at USD 5.8 billion in 2024 and is projected to reach USD 7.7 billion by 2029, at a CAGR of 5.9 % from 2024 to 2029. The rodenticides market is undergoing rapid growth due to a variety of factors. The expansion of urban areas and industries typically leads to a rise in rodent populations, driven by factors like heightened waste production and habitat disruption. Consequently, this increases the demand for rodenticides to manage these pest infestations. Similarly, fluctuations in weather conditions, including temperature, precipitation, and seasonal changes, can impact rodent populations by influencing their breeding patterns and habitat selection. Instances of extreme weather events may further increase rodent activity, consequently affecting the demand for rodenticides.

• Published: February 2024

Hard Coatings Companies - OC Oerlikon Management AG (Switzerland) and Carl Zeiss Meditec AG (Germany) are Leading Players in the Hard Coatings Market

The hard coatings market is projected to grow from USD 1.2 billion in 2023 to USD 1.7  billion by 2028, at a CAGR of 7.0% between 2023 and 2028. The driving factors behind the adoption of hard coatings are multifaceted. Firstly, the need for enhanced durability and wear resistance in various industries such as automotive, aerospace, and manufacturing is a primary driver. Hard coatings offer superior protection against abrasion, erosion, and surface fatigue, thereby extending the lifespan of components and machinery. Additionally, the pursuit of improved performance and efficiency drives research and development in hard coating technologies. Furthermore, the growing demand for environmentally friendly solutions pushes the development of hard coatings with reduced environmental impact, fostering sustainability in manufacturing processes. These factors collectively propel the utilization and advancement of hard coating technologies across industries.

• Published: February 2024

Top Companies in Automotive Transmission Industry - Aisin Corporation (Japan), ZF Friedrichshafen AG (Germany) and Magna International Inc. (Canada) are Leading Players

The automotive transmission market is estimated to grow from USD 62.4 billion in 2023 to USD 84.2 billion by 2028 at a CAGR of 6.2% over the forecast period. The increasing consumer preference for convenience and comfort, coupled with government initiatives promoting electric and hybrid vehicles, are the key drivers for the automotive transmission industry. This trend highlights the rapid expansion of the automotive transmission market, driven by technological advancements. These advancements are crucial for meeting changing consumer preferences and government regulations.

• Published: February 2024