Research Insight

Radar Systems Companies - SAAB AB (Sweden) and Raytheon Technologies (US) are the Key Players

MarketsandMarkets: The radar systems market is estimated to be USD 32.5 billion in 2021 and is projected to reach USD 41.0 billion by 2026, at a CAGR of 4.8% from 2021 to 2026. The market is driven by factors such as deployment of new & advanced radar systems like UAV based radar systems, Electronically Scanned array systems (ESA), etc.

• Published: March 2022

Sika AG (Switzerland) and Fosroc International Ltd (UK) are the Leading Players in the Concrete Repair Mortars Market

The concrete repair mortars market is projected to grow from USD 2.6 billion in 2021 to USD 4.0 billion by 2026, at a CAGR of 8.7%. Mortar is a mixture of cement and sand, often used to build brick or block walls. It is largely used in both new construction and repair of existing structures. Concrete repair mortars are generally used for the repair & maintenance of the old and deteriorated buildings and infrastructure.

• Published: March 2022

IBM (US) and Microsoft (US) are leading players in Encryption Software Market

The global Encryption software market size is expected to grow from USD 10.9 Billion in 2021 to USD 22.1 Billion by 2026, at a Compound Annual Growth Rate (CAGR) of 15.2% from 2021 to 2026. Encryption software helps in performing various functions such as safeguarding data from security breaches and hacking activities, put a stop to attacks such as malware contagious files, and other infections that are possible for unsecured data.

• Published: March 2022

Johnson Controls (Ireland) and Siemens (Germany) are leading players in Smart Buildings Market

The smart buildings market size is expected to grow from USD 72.6 billion in 2021 to USD 121.6 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 10.9% during the forecast period. The major factors driving the smart buildings market include rising adoption of IoT-enabled building management system, rising awareness of space utilization, increased industry standards and regulations, and increase demand for energy efficient system.

• Published: February 2022

Fire Resistant Coatings Companies - Akzo Nobel (Netherlands) and ), PPG (US) are the Leading Players in the Fire-resistant Coatings Market

The fire-resistant coating market was USD 975 million in 2020 and is projected to reach USD 1,125 million by 2026, at a CAGR of 3.5%. Europe accounted for the largest share of the market. It is projected to reach USD 490 million by 2026, at a CAGR of 3.0%, between 2021 and 2026. The growing building & construction sector in the region is projected to drive the market. Due to stringent government regulations and fire safety norms in developed regions, fire-resistant coatings have become an indispensable part of the buildings & construction industry as well as the oil & gas, chemical, and other industries wherein the chances of fire hazards are high.

• Published: February 2022

Cisco (US) and IBM (US) are leading players in IoT in Manufacturing Market

MarketsandMarkets forecasts the global IoT in Manufacturing Market size to grow from USD 50.0 billion in 2021 to USD 87.9 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 11.9% during the forecast period. The presence of various key players in the ecosystem has led to competitive and diverse market. IoT in manufacturing is a technique of digital transformation that the manufacturing companies adopt for their efficient working of machines and their employees. This employs a network of sensors to collect critical production data and cloud and analytics software are used to convert these data collected to useful information for effective decision-making about the manufacturing operations. This adoption of IoT enables manufacturing units to automate their processes and are used for reducing cost, shorter time to market, mass customization, and improve safety. Connected sensors and actuators enable companies to pick up on inefficiencies and problems sooner and save time and money, while supporting BI efforts.

• Published: February 2022

Oracle (US) and Autodesk (US) are leading players in Inspection Management Software Market

The inspection management software market is expected to grow from USD 7.6 billion in 2021 to USD 13.1 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 11.5% during the forecast period. Inspection management software is an essential tool in the inspection process because it helps to control quality, reduce manufacturing costs, reduce rejection losses, and identify the causes of defective product production. The inspection management software solution enables enterprises to exchange relevant ideas; these ideas can drive new business opportunities and growth of enterprises. Inspection procedures are followed prior to, during, and after product manufacturing to ensure that the product's level of quality meets the standards and specifications. Tracking and records keeping plays a vital role in inspection management software. Employees' incorrect information transmission, time-sensitive information, and organizational issues are all minimized. Maintenance and productivity are the major components of inspection management software. Businesses can prioritize addressing safety hazards. This ensures that the most serious issues are addressed first so that the business runs smoothly.

• Published: February 2022

Cisco (US), Huawei Technologies Co., Ltd. (China) and Juniper Networks, Inc. (US) are leading players in Routing Market

The routing market size is estimated to be valued at USD 15.1 billion in 2022 and reach USD 22.9 billion by 2027, at a CAGR of 8.6% from 2022–2027. 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: February 2022

DSM (Netherlands) and Kemin Industries, Inc. (US) are the Key players in the Acerola Extract Market

The global acerola extract market size is estimated to be valued at USD 16 Million in 2021. It is projected to reach USD 24 Million by 2026, recording a CAGR of 7.6%, in terms of value. The demand for acerola extract is increasing steadily due to increasing awareness about benefits associated with acerola consumption.

• Published: February 2022

Foremost Companies in the Needle-Free Injection System Market: PharmaJet (US),Portal Instruments (US) and Medical International Technology, Inc (MIT) (US)

The needle-free injection system market is projected to reach USD 272 million by 2026 from USD 124 million in 2021, at a CAGR of 17.0% from 2020 to 2026. Growth in this market is mainly driven by technological advancements, increasing demand for self-injection devices, and the rising incidence of chronic diseases. With the rising geriatric population and the increasing prevalence of chronic diseases, the patient volume has increased significantly globally. This, in turn, is creating a greater demand for advanced and effective treatment approaches, including the use of needle-free injection systems. Moreover, the high adoption of advanced drug delivery technologies across the globe is supporting the growth of this market. On the other hand, limitations with large volume and intravenous administration systems are the key factors restraining the growth of the market.

• Published: February 2022

Aircraft Antenna Companies - L3Harris Technologies (US) and Cobham Limited (UK) are the Key Players

The market for aircraft antenna is estimated to be USD 0.6 billion in 2021 and is projected to reach USD 0.9 billion by 2026, at a CAGR of 7.9% during the forecast period. The growth of this market is mainly driven by increase in airspace modernization programs, increase in demand for military UAVs and introduction of advanced aircraft systems.

• Published: February 2022

BASF SE (Germany) and DuPont De Nemours (US) are the Major Players in the Antimicrobial Additives Market

The antimicrobial additives market size is projected to reach USD 5.5 billion by 2026 from USD 4.0 billion in 2021, at a CAGR of 6.6%. Growing demand for end-use industry is expected to support the growth of the antimicrobial additives market. However, huge investment in R&D and strict rules and technological advancement is restraining the growth of the market. On the other hand, innovation in product development has created opportunities for manufacturers.

• Published: February 2022

Market Leader - Inertial Measurement Unit Market

The market for inertial measurement unit is estimated to be USD 21.3 billion in 2021 and is projected to reach USD 40.7 billion by 2026, at a CAGR of 13.8% during the forecast period. The growth of this market is mainly driven by the high–volume production of smartphones, increase in demand for missiles and rise in aircraft deliveries.

• Published: February 2022

Biocomposites Companies - Market Leader in Biocomposites Market

Developed countries, including Germany, the US, and Japan, are focusing on increasing the use of environmentally-friendly products instead of petroleum-based products. The European Union (EU) has been preferring the use of such products more than the US and Japanese governments. It insists on the use of bio-based materials, encouraging recyclability of vehicle components, or making the automotive manufacturers responsible for disposal at the end of the service life of the vehicles.

• Published: February 2022

Optical Sorter Companies - TOMRA (Norway) and Bühler (Switzerland) are the Leading Manufacturers

The optical sorter market is expected to grow from USD 2.6 billion in 2022 to USD 4.1 billion by 2027, at a CAGR of 9.9% during the forecast period. Growing focus on automation to increase productivity in various industries is expected to drive the optical sorter market. Automated sorting is becoming a necessary component of many food processing operations, and the demand for this technology is increasing to provide consistent product quality and traceability of all foreign materials.

Increasing adoption in the food industry for food processing activities and for reducing process and delivery time are also are facilitating the growth of optical sorter market. Hence, the demand for optical sorters is increasing in food applications for increasing productivity and reducing costs. Rapid development of blockchain technology in retail & supply chain management applications. Also, Increase in wages of the manual workforce in various countries is one of the main drivers for the optical sorter market.

• Published: February 2022

Foremost Companies in the Gastrointestinal Stent Market: Boston Scientific Corporation (US) and Cook Group (US)

The gastrointestinal stent market is expected to reach USD 600 million by 2026 from USD 457 million in 2021, at a CAGR of 5.6% during the forecast period of 2021 to 2026. Gastrointestinal (GI) stents are designed for palliative therapy for various diseases causing obstruction in the GI tract. GI stents have a major role in the recanalization of gastrointestinal (GI) tumors and postoperative leak sealing. Other potential applications of GI stents are drug-eluting devices, tissue modeling for benign conditions, and GI tract drainage/anastomosis. Gastrointestinal stent market growth can be attributed to the rising prevalence of GI cancers and other digestive diseases, and changing lifestyles, increasing healthcare expenditure on gastrointestinal procedures, and increasing preference for minimally invasive surgeries.

• Published: February 2022

SKF Group (Sweden) and Timken Company (US) are the Key Players in the Plain Bearing Market

The global plain bearing market size is estimated at USD 10.0 billion in 2021 and is projected to reach USD 13.0 billion by 2026, at a CAGR of 5.2% between 2021 and 2026. The market is propelled by the growth of various end-use industries. Increasing investments in infrastructure, new industrial projects, and the development of heavy machinery in China, India, the US, Germany, and Brazil have also boosted market growth.

• Published: February 2022

Smart Display Companies - Samsung Electronics (South Korea) and LG Electronics (South Korea), are the Key Players

The Smart Display Market is expected to grow from USD 2.3 billion in 2022 to USD 9.7 billion by 2027; it is expected to grow at a CAGR of 33.4% during the forecast period. High demand for smart mirrors from the automotive industry, new and innovative features offered by smart mirrors, an increasing number of internet users and growing adoption of smart devices according to consumer preferences, surging demand for AI-powered and IoT-enabled smart home appliances, increasing trend of context-aware signage, and growing adoption of smart signage in retail sector are the key driving factors for the smart display market.

• Published: February 2022

Becton, Dickinson and Company (US) and Cook Group Incorporated (US) are the Leading Player Aspiration & Biopsy Needles Market

The global aspiration and biopsy needles market is valued at an estimated USD 879 million in 2021 and is projected to reach USD 1,303 million by 2027, at a CAGR of 6.8% during the forecast period. The rising prevalence of cancer, increasing preference for minimally invasive procedures, and the cancer awareness initiatives undertaken by governments and global health organizations are the major factors that are expected to drive the growth of this market during the forecast period. However, the risk of infections related to aspiration and biopsy needle procedures is expected to restrain the growth of this market in the coming years.

• Published: February 2022

Venator Materials PLC (UK) and The Chemours Company (US) are Leading Players in the White Inorganic Pigments Market

The global white inorganic pigments market size is estimated at USD 22.7 billion in 2021 and is projected to reach USD 29.5 billion by 2026, at a CAGR of 5.4%, between 2021 and 2026. White inorganic pigments are opaque pigments used to provide opacity and lighten other colors are examples of inorganic pigments. Titanium dioxide is the most prominent member of the group. Calcium carbonate, calcium sulphate, diatomaceous silica (marine creature remnants), and china clays are all members of this category. Paints with white extender pigments are used to cut costs and improve the qualities of the paint. High light scattering power, a high degree of hiding power, good tinting strength, a high degree of brightness, a negligible undertone (ideally none), and a high degree of whiteness are all required from white inorganic pigments. The light scattering power is the most significant attribute, which is determined by the refractive index, particle size and distribution, and paint vehicle dispersion. pigments used to provide opacity and lighten other colours are examples of inorganic pigments.

• Published: February 2022

Mohawk Industries (US), Shaw Industries (US) and Tarkett (France) are the Major Players in the Modular Flooring Market

The global modular flooring market is estimated to be USD 54.6 billion in 2021 and is projected to reach USD 72.5 billion by 2026, at a CAGR of 5.8% from 2021 to 2026. The driving factors for the modular flooring market growth in investments in the construction industry, coupled with a rise in the number of renovation & remodeling activities. The rise in demand from emerging economies and the growth of the organized retail sector create growth opportunities for the market.

• Published: February 2022

Handheld Chemical and Metal Detector Companies - OSI Systems, Inc. (US) and Teledyne Technologies Incorporated (US) are the Key Players

The global handheld chemical and metal detector market is projected to reach USD 4.1 billion by 2027 from an estimated USD 2.3 billion in 2022, at a CAGR of 12.4% from 2022 to 2027. Major factors driving the growth of the market include increasing threat of chemical and explosives terrorism and rising focus of governments worldwide on imposing stringent regulations to ensure human and environmental safety.

• Published: February 2022

Deloitte Touche Tohmatsu Limited (US) and Business Machines Corporation (US) are leading players in RegTech Market

MarketsandMarkets forecasts the global RegTech Market size is expected to grow USD 7.6 billion in 2021 to USD 19.5 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 20.8%  during the forecast period.

• Published: February 2022

Market Leaders : Cargill incorporated and Bunge Limited are Focusing on developing new products, building new partnerships as well as expanding their business to consolidate their position in the Coconut Oil Market

The global coconut oil market is estimated to be valued at USD 5.4 billion in 2022. It is projected to reach USD 7.5 billion by 2027, recording a CAGR of 5.5% during the forecast period. Coconut oil is a yellowish-white solid or semi-liquid available in the form of edible oil. It is extracted from the wick, meat, and milk of the coconut palm fruit and has a low percentage of unsaturated fatty acids and is up to 90% saturated fat with no cholesterol content. The types of coconut oils available in the industry can be classified as RBD, virgin, and crude serving various applications in the field of food & beverages, cosmetic, pharmaceuticals and many others.

• Published: February 2022

Atlas Copco (Sweden) and Ingersoll Rand (US) are the Major players in the Industrial Air Compressor Market

The industrial air compressor market is expected to grow from an estimated USD 32.7 billion in 2021 to USD 42.9 billion by 2026, at a CAGR of 5.6% during the forecast period. The rapid industrialization and increasing automation in emerging economies and inflow of investments and rising demand for oil-free compressors in food & beverages industry are the main driver for the industrial air compressor market. The increasing demand for energy-efficient air compressors and rapid transformation of IoT in the compressed air industry provide lucrative opportunities for the industrial air compressor market during the forecast period

• Published: February 2022

PepsiCO (New York) and Kellogg Co (US) are the Key Players in the Savory Snack Products Market

The savory snacks products market size is estimated to be valued at USD 203.9 billion in 2022 and is projected to reach USD 263.0 billion by 2027, recording a CAGR of 5.2% during the forecast period in terms of value. The demand for savory snack products is attributed by the significant change in the work culture which is promoting the demand for savory snacks among consumers.

• Published: February 2022

Top Refrigeration Coolers Companies - Johnson Controls International plc (Ireland), LU-VE SPA (Italy), Lennox International (US), Kelvion Holding GmbH (Germany) are the Key Players

The global refrigeration coolers market is expected to grow from USD 4.19 billion in 2024 to USD 5.74 billion in 2029 at a CAGR of 6.5% during the forecast period. A refrigeration cooler is designed to extract heat within an enclosed area or piece of matter, thus lowering its temperature for the safety and quality preservation of foodstuffs. Refrigeration coolers have used applications in food storage, pharmaceuticals, and industrial processes to ensure that the items attain an optimum temperature that will not lead to spoilage and preserve the integrity of the product while still meeting the regulations. This process plays a significant role in the conservation of products because refrigeration coolers effectively manage the temperature and cause much improvement in efficiency while taking the shelf life of products into various industries.

• Published: February 2022

Market Leaders - Potato Starch Market

The global potato starch market is estimated to be valued at USD 4.3 billion in 2022. It is projected to reach USD  5.2 billion by 2027, recording a CAGR of 3.7% during the forecast period. Starch is a large carbohydrate molecule made up of long chains of glucose molecules. There are two main configurations of these glucose chains: amylopectin and amylose. Potato starch powders are made by extracting that potato starch from the potato. It can contain a few other minor ingredients that are naturally present in the potato and get extracted out as well, but close to 100% is starch. Starch, with its key functionalities, is a key source of glucose for energy and also contributes to the palatability of food. It thus becomes an important ingredient to address the key highlights of convenience foods.

• Published: February 2022

Market Leaders - Stacker Crane Market

The stacker crane market size is projected to reach USD 1,442 million by 2027 from an estimated USD 976 million in 2021, at a CAGR of 6.7% from 2021 to 2027. The base year for the report is 2018, and the forecast period is from 2021 to 2027.

• Published: February 2022

Market Leader - Content Disarm and Reconstruction Market

The global CDR market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 15.7% during the forecast period, to reach USD 0.5 billion by 2026 from USD 0.2 billion in 2021. Key factors that are expected to drive the growth of the market are the increasing cost of data breaches, growing stricter regulation and compliance for content security, and increasing number of zero day and file-based attacks.

• Published: February 2022

Microsoft Corporation (US) and Google, LLC (US) are Leading Players in the Container Security Market

MarketsandMarkets forecasts the container security market size to grow from USD 1.3 billion in 2021 to USD 3.6 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 22.0% from 2021 to 2026. Increasing popularity of microservices and digital transformation across enterprises are contributing to the growth of container security market across the globe during the forecast period.

• Published: February 2022

Market Leader - DC Switchgear Market

The global DC switchgear market is projected to reach USD 14.8 billion by 2026 from an estimated market size of USD 11.0 billion in 2021, at a CAGR of 6.1% during the forecast period. The factors driving the growth for DC switchgear are the growing demand for renewable power generation and increasing investment in the upgradation and modernization of the railway sector

• Published: February 2022

Thermo Fisher Scientific Inc. (US) and Haier Biomedical (China) are Leading Players in the Medical Refrigerators Market

The medical refrigerators market was valued at USD 3.5 Billion in 2020 and is projected to reach USD 4.9 Billion by 2026, at a CAGR of 6.0% during the forecast period. Medical refrigerators are heavy-duty refrigerators & freezers of various sizes and capacities that meet specific demands, and maintain medical equipment/specimens/vaccines/flammable chemicals at constant temperatures.

• Published: February 2022

Biodegradable Films Companies - BASF SE (Germany) and Futamura Chemical Co. Ltd. (Japan) are Leading Players in the Biodegradable Films Market

The biodegradable films market is projected to grow from USD 1.0 billion in 2021 to USD 1.4 billion by 2026, at a CAGR of 7.2% from 2021 to 2026. The major reasons for the growth of the biodegradable films market include growing awareness regarding plastic waste and its adverse impact on the environment. Some of the other driving factor for the biodegradable films market growth include, growing demand from the food packaging industry, high demand from the agriculture & horticulture sector.

• Published: January 2022

DAIKIN INDUSTRIES (Japan), Johnson Controls (US) and LG Electronics (South Korea) are the Global Players in the Ductless Heating & Cooling Systems Market

The market size of ductless heating & cooling systems is estimated at USD 98.4 Billion in 2021 and is projected to reach USD 145.0 Billion by 2026, at a CAGR of 8.1% between 2021 and 2026.

• Published: January 2022

High-Integrity Pressure Protection System (HIPPS) Companies - Emerson Electric Co. (US), Yokogawa Electric Corp. (Japan), are the Key Players

The global High Integrity Pressure Protection System Market Size is expected to reach USD 670 million by 2027 from USD 484 million in 2022, growing at a CAGR of 6.7%. The market growth is mainly attributed to growing need for reducing flaring to protect the environment and the imposition of stringent regulatory norms by governments to ensure safety and security at manufacturing plants. The high installation cost of HIPPS is expected to be the key restraining factor for the HIPPS market growth.

• Published: January 2022

SAP (Germany), Oracle(US) and IBM(US) are leading players in Procurement Analytics Market

The procurement analytics market size to grow from USD 2.6 billion in 2021 to USD 8.0 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 25.3% during the forecast period. Various factors such as increasing spending on marketing and advertising activities by enterprises, changing landscape of customer intelligence to drive the market, and proliferation of customer channels are expected to drive the adoption of procurement analytics technologies and services.

• Published: January 2022

Industrial 3D Printing Companies - Stratasys (US) and 3D Systems (US) are the Leading Manufacturers

The industrial 3D printing market is projected to grow from USD 2.1 billion in 2021 to USD 5.2 billion by 2026; it is expected to grow at a CAGR of 20.0% from 2021 to 2026. Increased focus on high-volume production using metal 3D printing, growth in the usage of 3D printing software and services, and development of advanced 3D printing materials are expected to be the major drivers for the growth of the industrial 3D printing market.

• Published: January 2022

Robert Bosch GmbH (Germany), Siemens (Germany), Continental AG (Germany) and Denso (Japan) are leading players in Automotive Diagnostic Scan Tools market

The global Automotive Diagnostic Scan Tools market is projected to grow at a CAGR of 4.5% during the forecast period, to reach USD 41.4 billion by 2026 from an estimated USD 33.1 billion in 2021. The forecast period is 2021 to 2026. The rise in stringent emission norms to prevent environmental impact and the increase in demand of premium segment cars are the major factors boosting the growth of automotive diagnostic scan tools market globally.

• Published: January 2022

Market Leadership - Semiconductor Intellectual Property (IP) Market

The global semiconductor IP market size is projected to grow from USD 5.5 billion in 2021 to USD 7.2 billion by 2026, at a CAGR of 5.4%. The market slightly  declined in 2020, mainly due to the impact of COVID-19. The supply chain disruption caused by the pandemic  affected the market especially  automotive, Industrial and others significantly. Also, due to lockdown restrictions, companies were not able to source the required labor for their operations due to travel restrictions.

• Published: January 2022

Evonik Industries (Germany) and SABIC (Saudi Arabia) are the Key Players in the Unidirectional Tapes (UD) Market

The global UD tapes market size is projected to grow from USD 194 million in 2021 to USD 332 million by 2026, at a CAGR of 11.4% during the forecast period. The growing demand for UD tapes from end-use industries, such as aerospace & defense, automotive, and sports & leisure, is driving the UD tapes market. This demand has encouraged many companies to adopt various developmental strategies in the UD tapes industry to increase their presence in the market. The growth strategies, such as new product launch and merger & acquisition, were adopted by the players to increase their foothold and maintain sustained growth in the UD tapes market.

• Published: January 2022

AGC Inc. (Japan) and The Chemours Company (US) are Leading Players in the ETFE Market

The global Ethylene Tetrafluoroethylene (ETFE) market size is estimated to be USD 334 million in 2021 and is projected to reach USD 451 million by 2026, at a CAGR of 6.2% between 2021 and 2026. The North American region is the largest consumer of ETFE across the globe. The growth of the North America ETFE market can be attributed to the increasing use of ethylene tetrafluoroethylene in various new applications such as films & sheets, wire & cables, tubes, and coatings. Increasing usage of ETFE in solar panels, substitute for glass and other conventional materials, and growing demand in end-use industries are driving the demand for ETFE during the forecast period. However, ETFE is prone to puncture, transmit more sound than glass, and higher cost than other conventional material, which is hampering the market growth.

• Published: January 2022

Increasing demand for carbon fiber composites in bicycle frames, rackets, and golf sticks manufacturers to drive the growth of sports composites market globally

The sports composites market size is estimated to be USD 4.1 billion in 2021 and is projected to reach USD 5.1 billion by 2026, at a CAGR of 4.8% during the forecast period. The demand for carbon fibers is very high in carbon frames, golf sticks, and rackets manufacturing due to excellent performance properties such as high-strength, good grip, anti-corrosion properties, and lightweight.

• Published: January 2022

ESRI (US) and SAP (Germany) are Leading Players in the Field Activity Management Market

MarketsandMarkets forecasts the global Field activity management Market size to grow from USD 1.0 billion in 2021 to USD 2.2 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 16.4% during the forecast period. The presence of various key players in the ecosystem has led to competitive and diverse market. Field activity management is the practice of managing field activities, including physical assets, associated workforce, and equipment using software, workflows, and communication solutions. Field activity management solution consolidates and captures the data related to mapping and scheduling, location data, and time and expense tracking under one platform and helps in efficient utilization, visualization, tracking, and management of assets on the field.

• Published: January 2022

Total Station Companies - Hexagon AB (Sweden) and Trimble Inc. (US) are the Key Players

The total station market is estimated to reach USD 2.2 billion by 2027, registering a CAGR of 6.1% from 2022 to 2027. In the construction industry, total stations find applications in site surveying, foundation laying, earthwork mapping, pipe laying, trenching for drainage, and engineering. The increasing globalization and urbanization and rising investments in infrastructure development are fueling the adoption of total stations for the abovementioned applications in the construction industry.

• Published: January 2022

Market Leader – GEA Group AG, Middleby Corporation and JBT Corporation are focusing on developing new products and Expanding their business to Strengthen their marke position

The food processing and handling equipment market is projected to grow from USD 130.6 billion in 2021 to USD 175.1 billion by 2026, recording a compound annual growth rate (CAGR) of 6.0% during the forecast period. The demand for food and beverage processing and handling equipment’s is increasing significantly, due to the increasing consumption of food and beverage products in developing countries such as China, India, South Africa, and Brazil.

• Published: January 2022

Foremost Companies in the Regenerative Medicine Market: Novartis AG (Switzerland) and Biogen, Inc. (US)

The regenerative medicine market is projected to reach USD 49.0 Billion by 2028 from USD 16.0 Billion in 2023, at a CAGR of 25.1% during the forecast period. The uphill rise of the regenerative medicine market can be credited to the personalized medicine, emerging applications in new therapeutic areas, increasing collaborations and partnerships by major market players and increasing regulatory approvals in regenerative medicine.

• Published: January 2022

Market Leader - HVAC Filters Market

The global HVAC filters market is estimated to be USD 3.5 billion in 2021 and is projected to reach USD 4.5 billion by 2026, at a CAGR of 5.0% from 2021 to 2026. Thedriving factor for the HVAC filters market is increasing demand for HVAC systems, growing awareness about indoor air quality, and government regulations and policies for efficient filtration. Further, increasing investments in the construction sector and technological advancements in HVAC filters are expected to offer significant growth opportunities to manufacturers.

• Published: January 2022

Market Leader - Consumer Foam Market

The Consumer foam market is projected to grow from USD 40.2 billion in 2021 to USD 50.9 billion by 2026, at a CAGR of 4.9% from 2021 to 2026. Increased use of consumer foam in automotive applications for crash pads, headrests and armrests, trim, seating, carpet back, sun visors, instrument panels, filters, and headliners, and also in sound insulation, vibration dampening, and energy management and the versatility and unique physical properties of consumer foam are driving factors for growth of consumer foam market.

• Published: January 2022

Market Leadership - Ink Resins Market

The ink resins market is projected to grow from USD 3.3 billion in 2021 to USD 3.8 billion by 2026, at a CAGR of 3.4% between 2021 and 2026. Increasing environmental protection standards for the printing ink industry, growth of packaging and energy curable inks industries, increasing demand for UV-cured inks, and new resin technologies are the key factors contributing to the growth of the ink resins market. However, increasing demand for e-books, stringent environmental regulations against VOC, and price rise of ink resin feedstock hinder market growth. The major opportunities in the ink resins market are in emerging markets such as India, China, Brazil, and Mexico. The printing industry in Asia Pacific, South America, and the Middle East & Africa is expected to have a good growth rate during the forecast period. Simultaneously, increasing environmental protection standards are expected to have a positive demand due to their environmental benefits.

• Published: January 2022