• The global synthetic paper market size is estimated at USD 766 million in 2021 and is projected to reach USD 1,286 million by 2027, at a CAGR of 9.2%, between 2022 and 2027. Synthetic paper is manufactured with synthetic resins derived from petroleum (primary material). Resin selection plays a major role in the attributes exhibited by different synthetic papers. It is preferred over conventional paper due to its excellent chemical, tear, oil, and moisture resistance, printability, heat sealability, durability, and high strength. Synthetic paper is usually made up of BOPP, HDPE, and others (polystyrene, polyamide, polyethylene, and polyvinyl chloride) and are used by various end-use industries, such as food & beverages, cosmetics, transportation, pharmaceuticals, chemical, and advertising.

    • Published: April 2022
  • The pine-derived chemicals market size is estimated to be valued at USD 5.5 billion in 2022 and is projected to reach USD 6.8 billion by 2027, recording a CAGR of 4.5% during the forecast period in terms of value. The demand for pine-derived chemicals is increasing moderately due to increasing demand from various end-use industries such as adhesives & sealants, paints & coatings among others.

    • Published: April 2022
  • The global concrete restoration market size is estimated to be USD 15.0 billion in 2021 and is projected to reach USD 20.4 billion by 2026, at a CAGR of 6.2%. The high growth of concrete restoration can be attributed to the growing number of construction repair projects globally due to the rising population, rapid urbanization, and increased economic growth in some regions. Emerging markets like China, the UAE, and India are showing remarkable growth due to the aforementioned factors. This has been a decisive factor in the concrete restoration market growth, especially in regions like North America and Europe, where concrete restoration products' usage is relatively high. By 2026, many new companies will emerge from China, having low-cost concrete restoration products and, thus, offer heavy competition to the existing market players.

    • Published: April 2022
  • The global ANPR system market is projected to reach USD 4.8 billion by 2027 from USD 3.1 billion in 2022; it is expected to register a CAGR of 9.2% from 2022 to 2027. The major factors driving the growth of the ANPR system market include the increasing deployment of ANPR systems in security and surveillance and traffic management applications, infrastructure growth in emerging economies, increasing allocation of funds by various governments on ITS, and the growing use of video analytics technology for intelligent monitoring of vehicles. Additionally, the rapid surge in demand for smart parking solutions is a major driver for the growth of the ANPR system market. The integration of advanced technologies such as IoT, Deep Learning, and AI with the ANPR system is promoting the growth of ANPR systems across applications such as access control and road usage charging. Growing number of infrastructure development projects across the world such as the Smart Cities mission and roadways modernization projects are promoting the growth of the ANPR system market. Moreover, surging use of video analytics technology for intelligent monitoring of vehicles is enhancing the growth of the ANPR system market.

    • Published: April 2022
  • The Space power electronics market is projected to grow from USD 205 million in 2021 to USD 435 million by 2026, at a CAGR of 16.2%. Space power electronics is the application of electronics on satellites, spacecraft, launch vehicles, space stations and rovers to control and convert electric power from one form to other. It deals with the processing of high voltages and currents to deliver power that supports a variety of needs. According to the National Aeronautics and Space Administration, a power electronic system can comprise a modular power electronic subsystem (PESS) connected to a source and load at its input and output power ports, respectively. Semiconductor devices such as metal-oxide semiconductor field effect transistors (MOSFET), insulated gate bipolar transistors (IGBT), mos-controlled thyristor (MCT), and gate-turn-off thyristors (GTO) represent the cornerstone of modem power electronic converters.

    • Published: April 2022
  • The global agriculture VRT market is estimated to be valued at USD 7.4 billion in 2022. It is projected to reach USD 13.7 billion by 2027, recording a CAGR of 13.2% during the forecast period. The most significant factor driving the agriculture VRT market is the increasing focus on farm efficiency and productivity. Increasing average farmer ages in developed nations have led to difficulties in carrying out on-field practices manually. This has led to a rise in the use of agriculture variable rate technologies that automate the entire process of scouting, along with various other practices. Developed nations have the largest farm sizes across the globe, which makes it harder for the demographic of farmers whose average ages are increasing to manage them using traditional agriculture practices.

    • Published: April 2022
  • An Aircraft Nacelle forms the outer, aerodynamically smooth covering of a jet engine. It includes components such as the lip, nose cowl, fan cowl, core cowl, and aft cowl. The forward one-third of the nacelle, termed as the inlet cowl, is a smoothly contoured opening that directs air into the engines fan and compressor blades. The thrust reverser is the most complex highly-loaded part of the nacelle and is used to reverse the thrust produced by the aircraft engine during landing. The Aircraft Nacelle and Thrust Reverser Market is projected to grow from USD 4.2 Billion in 2021 to USD 5.6 Billion by 2026, at a CAGR of 6.0% during the forecast period. This growth can be attributed to the increasing need for reduction of greenhouse gas (GHG) emissions from the aviation industry. In addition, the increase in the air passengers’ traffic will lead to growing concerns for the reduction of carbon footprint from the aviation industry and in turn drive the market for more efficient components that enable the aircraft to consume less fuel.

    • Published: April 2022
  • The acrylic polymer market for cleaning application is projected to grow from USD 580 million in 2021 to  USD 709 million by 2026, at a CAGR of 4.1%. The acrylic polymer market for cleaning application is expected to register a 4.1% CAGR between 2021 and 2026. The water-borne accounted for the largest market share of 93.8% in 2020, in terms of value. Laundry & Detergent is estimated to be the largest application of acrylic polymer market for cleaning application during the forecast period, followed by dishwashing in terms of volume. With the increasing population, increasing per-capita income, changing lifestyle, and increasing usage of washing machines across the globe, the demand for laundry detergent is growing,  which is subsequently driving the acrylic polymer market for cleaning application. Moreover, increasing demand for liquid dishwashing products in hotels, restaurants and food retails, and household applications further supports the growth of the acrylic polymer market.

    • Published: April 2022
  • The global ICMP market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 15.2% during the forecast period, to reach USD 5.8 billion by 2027 from USD 2.9 billion in 2022. Key factors that are expected to drive the growth of the market are increased mobility, shifting workload toward cloud environments, and growing trend to bring your own device, facilitating simplified management of complex and heterogenous cloud environments, growing adoption of hybrid cloud and multi-cloud strategies, across enterprises of different industry verticals, rising adoption of cloud-based business utility solutions and services due to COVID-19, increased savings and workforce productivity, and emergence of AI-enabled tools in IT operations.

    • Published: April 2022
  • Defense integrated antenna market is projected to grow from USD 543 million in 2022 to USD 722 million by 2026, at a CAGR of 5.8% during the forecast period. An antenna converts electronic signals to electromagnetic waves (and vice versa) with a minimum loss, and an integrated antenna consists of miniaturized antennas printed on densely populated printed circuit boards (PCB) to electrically large arrays and reflector antennas. Defense integrated antennas are more ruggedized than regular commercial antennas to withstand harsh conditions. The defense integrated antenna market is expected to grow significantly in the coming years, owing to the high demand for compact/integrated antennas. These antennas should be rugged to withstand harsh environmental conditions. Modernization programs of various military vehicles and increasing procurement of defense systems for tracking, navigation, and surveillance due to terrorist activities are also expected to fuel the growth of the defense integrated antenna market.

    • Published: April 2022
  • A simulator is a system that combines software and hardware to simulate training. The market for simulators includes the airborne, land, and maritime platforms, which are used to train commercial and military crew. Training through simulators can be provided via three techniques: live, virtual & constructive simulation, synthetic environment simulation, and gaming simulation.

    • Published: April 2022
  • The artificial photosynthesis market size will grow to USD 185 Million by 2030 from USD 62 Million in 2022, at a CAGR of 14.6% during the forecast period. The global artificial photosynthesis market is driven by the government fundings and grants for the research and development of artificial photosynthesis technology; global plans for net zero emissions. Growing demand of green H2 and eco-friendly liquid fuels are expected to offer lucrative opportunities for the artificial photosynthesis market during the forecast period.

    • Published: April 2022
  • The Augmented intelligence market size is projected to grow from USD 17.9 billion in 2022 to USD 54.7 billion in 2027, at a Compound Annual Growth Rate (CAGR) of 25.1% during the forecast period. The Augmented intelligence industry is driven by increasing volume of complex business data, however, rising in adoption of advanced augmented intelligence and analytics tools, and adoption and scaling of digital initiatives.

    • Published: April 2022
  • The fruit and vegetable processing market is estimated to account for nearly USD 8.7 billion in 2022 and is projected to reach a value of nearly USD 11.8 billion by 2027, growing at a CAGR of 6.4% from 2022. The demand for fruit and vegetable processing is increasing significantly, due to the increasing consumption of processed fruit and vegetables products in developing countries such as China, India, South Africa and Brazil.

    • Published: April 2022
  • The Smart Lock Market is estimated to be valued at USD 2.1 billion in 2022 and reach USD 3.9 billion by 2027, registering a CAGR of 12.9% between 2022 and 2027. 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 fulfill the growing demand for routers from end-user industries and expand their global footprint by offering their products in all the major regions.

    • Published: March 2022
  • The global prepreg market size is estimated at USD 7.0 billion in 2021 and is projected to reach USD 12.6 billion by 2026, at a CAGR of 12.5%. Prepregs are being used in different end use industries such as: aerospace & defense, wind energy, automotive, sporting goods, electronics, and other industries. The increasing demand of wind energy as a renewable energy, drives the demand for prepreg. However, due to the outbreak of COVID-19, there was a dip in the demand of prepreg. Due to the lockdown scenario in Europe and North America, the demand for prepreg from wind energy, construction, automotive, electronics and other industries was declined sharply in the first half of 2020.

    • Published: March 2022
  • The global enterprise information archiving market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 15.2% during the forecast period, to reach USD 12.9 billion by 2027 from USD 6.4 billion in 2022. The growth in the enterprise information archiving market has been impelled due to the increasing need for cost-effective storage solutions for inactive data to meet compliance and legal requirements. Another growth driving factor for the enterprise information archiving market is the demand for improved business processes through the segregation of less valuable data from the online enterprise data. Further, cloud-based archiving creates new growth opportunities in the enterprise information archiving market.

    • Published: March 2022
  • MarketsandMarkets: The Electronically Scanned Array Market is estimated to be USD 7.4 Billion in 2021 and is projected to reach USD 10.4 Billion by 2026, at a CAGR of 7.1% from 2021 to 2026. The market is driven by factors such as deployment of new & advanced electronically scanned array like UAV based electronically scanned array, Electronically Scanned array based fire control radar systems (ESA), etc.

    • Published: March 2022
  • The global power grid system market in subsea is projected to reach USD 14.8 billion by 2027 from an estimated USD 9.1 billion in 2022, at a CAGR of 10.2% during the forecast period. The increased deepwater oil and gas exploration activities due to depleting onshore fossil fuel reserves and favorable government policies for offshore renewable power production, especially using wind energy is expected to drive the demand for global power grid system market in subsea. According to the BP Statistical Review of 2021, the top countries with the most untapped oil reserves include the US, Saudi Arabia, and Russia. Discoveries of such reserves will lead to increased well drilling and production activities. This will support the growth of the power grid system market in subsea.

    • Published: March 2022
  • The global operational technology market was valued at USD 149.6 billion in 2022 and is projected to reach USD 216.3 billion by 2027; it is expected to grow at a CAGR of 6.5% from 2022 to 2027. The major drivers of the market include the surging adoption of Industry 4.0, rising emphasis on industrial automation in manufacturing processes, increasing government involvement in supporting industrial automation, growing emphasis on regulatory compliances, increasing complexities in the supply chain, and surging demand for software systems that reduce time and cost. The operational technology market has been segmented by component, networking technology, industry, and geography.

    • Published: March 2022
  • The automotive wheels aftermarket is projected to grow at a CAGR of 3.5% during the forecast period to reach USD 4.1 billion by 2027 from an estimated USD 3.4 billion in 2022. The base year for the report is 2021, and the forecast period is from 2022 to 2027. The growth of the automotive wheels aftermarket is influenced by factors such as accident rates, changing consumer preferences for stylish wheels, and the growing number of automobile enthusiasts in Europe and North America. Additionally, increased demand for lightweight materials will boost the automotive wheels aftermarket. The growth for aftermarket wheels is expected to be higher in developed regions owing to the stringent focus on lightweight materials and fuel consumption. Additionally, the growing demand from enthusiasts for style, performance, and ride is boosting the demand for automotive wheels aftermarket.

    • Published: March 2022
  • The rubber additives market size is estimated to be USD 7.8 billion in 2021 and is projected to reach USD 9.3 billion by 2026, at a CAGR of 3.5% between 2021 and 2026. Rubber additives are used to improve the resistance of rubber against the effects of heat, sunlight, mechanical stress, and others. Different types of rubber additives are antidegradants, accelerators, and processing aids. Antidegradants include phenylenediamine, phosphite, phenolic compounds, and other chemicals. Accelerators comprise benzothiazole, sulfenamides, and others. Moreover, blowing agents, peptizers, and retarders are also used for processing rubber. The growth of the rubber additives market is primarily triggered by the growing automobile industry which in turn drives the need for rubber additives. The stringent government regulations foster manufacturers to comply with the environment standards. Thus, the government regulations coupled with the growing environmental concerns are expected to restrain the growth of the market. The opportunities for this market are rapidly increasing demand from the Asia-Pacific region and emergence of high-performance rubbers.

    • Published: March 2022
  • The global mounted bearing market size is projected to grow from USD 1.4 billion in 2022 to USD 1.8 billion by 2027, at a CAGR of 5.6%. The base year for the report is 2021, and the forecast period is from 2022 to 2027. The mounted bearing market is driven by adoption of mounted bearings in numerous industries; increased efficiency and long life with less maintenance requirements of mounted bearing; growing demand for specialized bearings for cost optimization; and increasing development and adoption of sensor based bearing units and IoT.

    • Published: March 2022
  • The global prebiotic ingredients market was valued at USD 6.3 billion in 2022 and it is predicted to be worth around USD 10.9 billion by 2027, with a compound annual growth rate (CAGR) of 11.7% from 2022 to 2027. Prebiotic ingredients are beneficial for treatment of inflammatory bowel disease, diarrhea, colon cancer, for calcium absorption, and to maintain bone health, skin health, immunity, and obesity. Awareness about prebiotics has gained popularity in recent years, stimulating scientific as well as industrial interest.

    • Published: March 2022
  • The Healthcare Facility Management Market-US Forecast is projected to reach USD 8.3 billion by 2026 from USD 6.0 billion in 2021, at a CAGR of 6.7% during the forecast period. Market growth is largely driven by due to the increasing investments in healthcare infrastructure and the construction of healthcare facilities in the US, rising geriatric population, growing patient volume due to the rising prevalence of chronic diseases and COVID-19, and increasing healthcare expenditure. However, the maintenance challenges of healthcare facilities are expected to restrain the growth of this market during the forecast period. The Healthcare Facility Management Market-US Forecast is segmented based on location, service and setting.

    • Published: March 2022
  • The Satellite Cables and Assemblies Market is projected to grow from USD 210 Million in 2021 to USD 560 Million by 2026, at a CAGR of 21.7 %. Satellite cables and assemblies systems hold a huge potential for satellite data service providers, small sat service providers, remote sensing service providers, technical service providers, and investors. Factors such as versatility, low cost, advanced materials, ease of manufacturing and assembly, mass production, and short lifecycles have driven investments in the satellite cables and assemblies market. Satellite cables and assemblies are inherently balanced and provide better mechanical reliability than the conventional cables for transmitting signals, supplying power, or sending earth images.

    • Published: March 2022
  • The integrated microwave assembly market is expected to grow from USD 1.5 billion in 2022 to USD 2.0 billion by 2027; it is expected to grow at a CAGR of 6.8% during the forecast period. The growth of the integrated microwave assembly market is expected to be driven by the rising defense expenditure globally to design advanced warfare equipment, including secure communication products and military radars. Likewise, with technological advancements and rapid growth in the adoption of 5G, the demand for integrated microwave assembly-based RF modules has increased significantly, creating lucrative opportunities for the market players.

    • Published: March 2022
  • The global greenhouse film market size is projected to grow from USD 5.9 billion in 2021 to USD 8.6 billion by 2026, at a CAGR of 7.6% between 2021 and 2026. APAC is estimated to be the largest consumer of greenhouse film. Global focus on increasing agricultural output, increased demand for greenhouse-cultivated crops, and growth in areas for greenhouse-protected cultivation are the key driving factors for the market.

    • Published: March 2022
  • An industrial safety system acts to prevent or reduce the risk of abnormal process conditions that can occur in the industry. An industrial safety system is engineered to perform specific control functions to maintain safety in a process operation when unacceptable or dangerous conditions occur. Nowadays, there is a need for industrial safety in any industry to ensure uninterrupted operations, reliability, and safety of processes. The industrial safety market is projected to grow from USD 6.3 billion in 2022 to USD 8.8 billion by 2027; growing at a CAGR of 6.8% during the forecasted period.

    • Published: March 2022
  • The lecithin & phospholipids market size is estimated to be valued at USD 5.5 billion in 2022 and is projected to reach USD 7.5 billion by 2027, recording a CAGR of 6.3% during the forecast period in terms of value. The demand for lecithin & phospholipids is attributed by the increasing awareness of healthy lifestyle among consumers.

    • Published: March 2022
  • The crowdsourced testing market size is expected to grow from USD 1.6 billion in 2022 to USD 2.5 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 9.4% during the forecast period. The major factors driving the crowdsourced testing market include the increasing no of devices, operating systems and applications and the need for scaling QA of software for enhancing customer experience. With increasing requirement for adopting cost effective software development process.

    • Published: March 2022
  • The global structured cabling market is projected to reach USD 15.0 billion by 2027 from an estimated USD 11.7 billion in 2022, at a CAGR of 5.1% from 2022 to 2027. Major factors driving the growth of the market include growing trend of data center convergence penetrating IT infrastructure market and rising emergency of smart cities.

    • Published: March 2022
  • The PMMA microspheres market size is projected to reach USD 410 million by 2026 from USD 296 million in 2021, at a CAGR of 6.7%. Growing demand for flat panel displays and demand for plastic underbody coatings and premium architectural coatings is expected to support the growth of the PMMA microsphere market. However, relatively higher cost and regulatory restraints on rinse-off products is restraining the growth of the market. On the other hand, increasing demand for paints and coatings has created opportunities for manufacturers.

    • Published: March 2022
  • The global rare earth metals recycling market is estimated to be USD 248 million in 2021 and is projected to reach USD 422 million by 2026, at a CAGR of 11.2% from 2021 to 2026. Rare earth metals are considered key elements in developing technologies in the communications, electronics, automotive, and military weapon sectors. The demand for these elements is expected to increase in the near future as these are key components in emerging applications, such as green technology and electric and hybrid vehicles.

    • Published: March 2022
  • The market for aircraft electrification is estimated to be USD 6.0 billion in 2021 and is projected to reach USD 20.0 billion by 2030, at a CAGR of 14.3% during the forecast period. The growth of this market is mainly driven by increase in adoption of cleaner and greener aircraft, developments in advanced air mobility and alternative sources of energy.

    • Published: March 2022
  • MarketsandMarkets forecasts the network forensics market size to grow from USD 1.3 billion in 2022 to USD 2.2 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 11.2% from 2022 to 2027. Increasing data thefts and cyberattacks across enterprises, increasing traffic on network systems, and increasing demand for cloud-based network forensics solutions are some of the factors that are driving the market growth.

    • Published: March 2022
  • The global endoscopic retrograde cholangiopancreatography market is projected to reach USD 2.0 billion by 2026 from USD 1.3 billion in 2021, at a CAGR of 9.6% during the forecast period. The growth of this market is majorly attributed to factors such as the rising incidence of cancer, increasing investments by governments and healthcare organizations to improve endoscopy research, growing focus on investments by hospitals for advanced endoscopy instruments, and the increasing preference for minimally invasive surgeries.

    • Published: March 2022
  • The market for military cables is estimated to be USD 22.1 billion in 2021 and is projected to reach USD 26.2 billion by 2026, at a CAGR of 3.4% during the forecast period. The growth of this market is mainly driven by the modernization program and increasing procurement of military fleets due to growing transnational disputes to offer several untapped opportunities.

    • Published: March 2022
  • Magnet wires find their applications in manufacturing motors, coils, transformers, and generators. Globally, electrification and advancement of technology in this sector have created a huge demand for magnet wires. The global economy, security, and health & safety depend on this electricity. This situation drives the growth of the magnet wire market in this sector for more generators, transformers, and motors across the globe. Magnet wires are widely being used in renewable energy solutions like wind and solar energy. The wind turbine installation is increasing every year, indirectly increasing the demand for magnet wires for manufacturing generators. The solar panels installation for harvesting solar energy also requires enameled wires for connectivity and transmission of energy from solar farms to distribution centers.

    • Published: March 2022
  • The global amorphous polyethylene terephthalate market size is estimated at USD 41.4 billion in 2021 and is projected to reach USD 59.1 billion by 2026, at a CAGR of 7.4%, between 2021 and 2026. Amorphous polyethylene terephthalate is being increasingly used for packaging carbonated soft drinks (CSD), juices, and water; personal care products; and pharmaceuticals; among other products, due to superior mechanical and physical properties offered by it. It is used in various end-use industries, such as pharmaceuticals and food & beverage. The shifting of the manufacturing bases of various companies to the Asia Pacific region has also contributed to the increased demand for amorphous polyethylene terephthalate from this region, thereby fueling the growth of the global amorphous polyethylene terephthalate market. Bottles, films/sheets, and food packaging are major applications of amorphous polyethylene terephthalate.

    • Published: March 2022
  • The global flat panel antenna market is expected to grow from USD 408 million in 2022 to USD 1,440 million by 2027, at a CAGR of 28.7%.

    • Published: March 2022
  • The face mask market is projected to grow from USD 0.8 billion in 2018 to USD 52.7 billion in 2021 and then reduce to USD 3.0 billion by 2027. The CAGRs for these periods are 309.8% between 2018 to 2021 and an overall CAGR of -34.5% from 2022 to 2027. The major reason for the growth of the face mask market between 2018 to 2021 is the outbreak of the COVID-19 pandemic. Other factors driving the growth of the face mask market between include the rise in consumer awareness pertaining to the importance of face masks as a preventive measure during the COVID-19 pandemic, and the surge in social media marketing to encourage a positive attitude towards wearing masks.

    • Published: March 2022
  • The Aircraft Micro Turbine Engines Market is projected to grow from USD 2.8 Billion in 2021 to USD 4.5 Billion by 2030, at a CAGR of 5.5%. The market exhibits lucrative growth potential during the forecast period primarily due to the inherent operational benefits of micro turbine engines, including low operating and maintenance costs of micro turbine engines and the introduction of new generation hybrid architecture in aircraft. Nevertheless, the emergence of hybrid electric power generation technology and the development of distributed power generation systems are anticipated to open several growth opportunities for aircraft micro turbine engine manufacturers during the forecast period.

    • Published: March 2022
  • The global breast reconstruction market size is expected to reach USD 647 million by 2026 from USD 567 million in 2021, at a CAGR of 2.7%. The growth in this market is driven by the increasing number of breast reconstruction surgeries and rising incidences of breast cancer.

    • Published: March 2022
  • The Data Science Platform market size is projected to grow from USD 95.3 billion in 2021 to 322.9 USD billion in 2026, at a Compound Annual Growth Rate (CAGR) of 27.7% during the forecast period. The Data Science Platform industry is driven by Astonishing growth of big data, however, Rising in adoption of cloud-based solutions, Rising application of the data science platform in various industries and Growing need to extract in-depth insights from voluminous data to gain competitive advantage.

    • Published: March 2022
  • Recycled material is defined as material and byproducts recovered or diverted from solid waste and used in place of raw or virgin material in the manufacture of a product. It is made from post-consumer recycled material, manufacturing waste, industrial scrap, agricultural waste, and other waste, but excludes material or byproducts generated from, and commonly reused within, an original manufacturing process.

    • Published: March 2022
  • The global environmental testing equipment market is estimated to reach USD 1.6 billion by 2027 from USD 1.1 billion in 2022, at a CAGR of 7.6% during the forecast period (2022-2027). Growth in the environmental testing equipment market is mainly driven by the rising levels of environmental pollution worldwide, increasing efforts from public/private organizations to raise awareness about environment protection, privatization of environmental testing and treatment services, and increasing funding on wastewater treatment projects/programs. Increasing industrial activities post COVID-19, and the growing utilization of mobile & portable systems are also expected to provide a wide range of growth opportunities for players in the market. On the other hand, high capital investments for accurate and sensitive analytical testing and inadequate supporting infrastructure coupled with the shortage of skilled professionals are factors expected to limit market growth to a certain extent in the coming years.

    • Published: March 2022
  • The bioceramics market is projected to grow from USD 7.4 billion in 2023 to USD 10.2 billion by 2028, at a CAGR of 6.7% during the forecast period. The bioceramics market is continuously showing a significant growth attributed to its increasing demand from various applications, such as orthopedic applications, dental applications, surgical implants, surgery equipment, and many other applications in the biomedical field. North America, Europe and Asia Pacific are the major markets for bioceramic products. The biocompatible nature along with efficient properties like sterile nature and high compressive strength makes bioceramic preferable material for various medical and surgical equipment.

    • Published: March 2022
  • The market size of firefighting foams is estimated to grow from USD 756 million in 2021 to USD 913 million by 2026, at a CAGR of 3.8% during the forecast period. The growth of the firefighting foam market can be attributed to the increasing use of foam in the oil & gas industry for upstream and downstream activities.

    • Published: March 2022
  • The global hydraulic cylinder market was valued at USD 14.3 billion in 2021 and is projected to reach USD 18.3 billion by 2027; it is expected to register a CAGR of 4.4% from 2022 to 2027. The markets growth can be attributed majorly to the increasing demand for heavy construction and mining vehicles from construction, mining, and oil & gas industries. Increasing adoption of material handling equipment across industries worldwide is a major booster for the growth of the market. The hydraulic cylinder market has been segmented by function, specification, bore size, application, industry, and geography. The major factors driving the market include the increasing potential of the construction industry, which induces increased adoption of automated heavy construction vehicles equipped with hydraulic cylinders for various operations. The increasing adoption of material handling equipment across industries such as agriculture, construction, and mining has also increased the demand for hydraulic cylinders worldwide. Government initiatives to revive infrastructural projects across countries have helped the demand for hydraulic cylinders to grow, owing to their increased adoption in construction and material handling industries. Increasing farm mechanization across regions, especially in APAC, and globally increasing mining exploration activities have also promoted the growth of the hydraulic cylinder market.

    • Published: March 2022
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