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Communication Platform as a Service (CPaaS) Market Surges with AI, Omnichannel & Security at the Forefront
The global CPaaS market is expected to be worth USD 12.5 billion in 2022 and rise to USD 45.3 billion by 2027, increasing at a CAGR of 29.4%. One of the primary drivers of market expansion is the requirement for better customer service and client interaction.
- Published: January 2023
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Communication Platform as a Service (CPaaS) Market Booms: 9 Drivers Fueling the Future of Business Communication
The global CPaaS market is expected to be worth USD 12.5 billion in 2022 and USD 45.3 billion by 2027, with a CAGR of 29.4%. One of the primary drivers of market expansion is the requirement for better customer service and client interaction.
- Published: January 2023
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Hewlett Packard Enterprise (US), Wipro (India) and Capgemini (France) are leading players in North America IT Services Market
The North America IT services market size is expected to grow from USD 500.0 billion in 2022 to USD 700.6 billion by 2027 at a Compound Annual Growth Rate (CAGR) of 7.0% during the forecast period. IT services are the application of business and technical skills to support businesses in developing, managing, and accessing information and business processes. It permits a user or line to utilize IT as a managed service. Users may only use and pay for the services they require.
- Published: January 2023
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Market Leaders: BASF SE Launched an Agricultural Inoculant, new Nodulaid, Specifically Designed for Australian Farmers to Support Livestock Grazing in Inoculants Market
The global inoculants market size is estimated to be valued at USD 1.1 Billion in 2022. It is anticipated to reach USD 1.7 Billion by 2027, recording a CAGR of 8.1% in value. . The need to reduce pollution from agricultural waste has led to an increase in the use of composting methods of farming. The application of agricultural inoculants in farming is considered one such improved composting method of farming; hence, the use of agricultural inoculants has increased. Furthermore, the demand for agricultural inoculants in developed economies is increasing due to growing demand of organic inputs used for improving farm yield.
- Published: January 2023
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Thermal Management Companies - Henkel (Germany) and Honeywell International Inc. (US) are the Key Players
The global thermal management market was valued at USD 10.7 billion in 2022 and is projected to reach USD 19.3 billion by 2028, registering a CAGR of 9.7% from 2023 to 2028. The rise in demand for thermal management is attributed to the increasing need for advanced heat dissipation solutions.
- Published: December 2022
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Underwater Acoustic Communication Companies - Teledyne Technologies Incorporated (US) and L3Harris (US) are the Key Players
Underwater acoustic communication market size is valued at USD 2.1 billion in 2023 and is anticipated to be USD 3.5 billion by 2028; growing at a CAGR of 11.0% from 2023 to 2028. Factors such growing demand for environmental monitoring and seafloor mapping are driving the growth of the market during the forecast period.
- Published: December 2022
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The key development strategies, namely new product launch/new product development, acquisition, collaboration, and agreement, are adopted by leading players for boosting the Carbon Fiber Tape Market
The global carbon fiber tape market size is expected to reach USD 4.4 billion by 2027, at a compound annual growth rate (CAGR) of 13.0% during the forecast period. Carbon fiber tape is flat material made by carbon fiber and for a given strength it weighs about one-seventh of the steel. Carbon fiber tape is used for sleeve winding, lap joining, repairs of cracks and selective reinforcement of carbon fiber fabrication in a variety of end-use industries, including aerospace & defense, marine, pipe & tank, construction & infrastructure, and sporting goods. Increasing demand from these end-use industries is driving the market.
- Published: December 2022
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Market Leader - Motor Lamination Market
The motor lamination market, by value, is projected to grow to USD 27.6 billion by 2027 from USD 21.9 billion in 2022, at a CAGR of 4.7% from 2022 to 2027. The base year for the report is 2021 and the forecast period is from 2022 to 2027. Motor laminations market is primarily driven by the rising demand for luxury vehicles with more performance and comfort. Along with this, increasing stringent pollution norms is also adding substantially to the use of performance application motor types during the forecast period.
- Published: December 2022
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Smart Airports Companies - Siemens AG (Germany), IBM (US) and Cisco System Inc. (US) are the Key Players
The Smart Airports market size is projected to grow from USD 7.0 Billion in 2022 to USD 8.3 Billion by 2027, at a CAGR of 3.5% from 2022 to 2027. The increased usage of self-service technology, as well as the growing need for real-time information, are projected to fuel the expansion of the smart airports market.
- Published: December 2022
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Henkel AG & Co. KGaA (Germany), Sika Group (Switzerland) are Leading Players in the Epoxy Adhesives Market
The global epoxy adhesives market is projected to grow from USD 9.2 billion in 2022 and is projected to reach USD 11.7 billion by 2027, at a CAGR of 5.0%, between 2022 and 2027 period. The growth opportunities in the epoxy adhesives market are increasing due to growing high-performance requirements, such as bonding dissimilar materials and substitution of synthetic substrates for traditional material.
- Published: December 2022
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Precision Planting Companies - Deere & Company (US) and Trimble Inc. (US) are the Key Players
The global precision planting market size is estimated to be USD 5.0 billion in 2022 and is projected to reach USD 8.2 billion by 2027, at a CAGR of 10.3% during the forecast period. Substantial cost-savings associated with precision planting and seeding equipment, surge in the adoption of advanced technologies in precision agriculture to reduce labor cost, and increasing promotion of precision planting techniques by governments worldwide. Moreover, climate change and need to meet rising demand for food, and focus on integration of geo-mapping and sensor data with planting equipment will drive the growth of the industry in the near future.
- Published: December 2022
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Lined Valve Companies - Emerson (US) and Carrier Flowserve Corporation (US) are the Key Players
The global lined valve market size is expected to grow from USD 3.4 billion in 2023 to USD 4.1 billion by 2028, at a CAGR of 4.2%. The rising necessity for adhering to government guidelines regarding process safety, the growing potential of end-user industries such as chemical and petrochemical, and the growing need for ensuring the purity of operations in the pharmaceutical industry are the key factors driving the lined valve market.
- Published: December 2022
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Perovskite Solar Cell Companies - Hanwha Q CELLS (South Korea) and Microquanta Semiconductor (China) are the Major Players
The perovskite solar cell market is projected to grow from USD 271 million in 2024 to USD 2,268 million by 2028, registering a CAGR of 70.1% during the forecast period. The market growth is expected to be driven by the rising demand for energy, increasing government-led support in several countries, and growing concerns regarding environmental safety.
- Published: December 2022
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Market Leaders - Top Focused Ion Beam
The global focused ion beam market is projected to reach USD 1.8 billion by 2028 from an estimated USD 1.3 billion in 2023, at a CAGR of 7.0% from 2023 to 2028. The growth of the focused ion beam market can be attributed to rising usage of FIB systems in electronics & semiconductor industry for failure analysis and initiatives of US government to strengthen semiconductor manufacturing.
- Published: December 2022
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Market Leaders - Car Care Products Market
The global car care products market is projected to grow at a CAGR of 1.9% during the forecast period, from an estimated USD 4.4 billion in 2022 to USD 4.8 billion by 2027. Increasing market for used cars, establishment of online distribution channels by established players to reach to a wider and larger set of customers will bring more growth to the car care product market. Car care products providers are investing in making new partnerships, joint ventures and innovating in terms of efficient business models to increase their reach into Asia Pacific market which is expected to be one of the fastest growing market in the forecast period.
- Published: December 2022
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LyondellBasell (Netherlands) and SABIC (Saudi Arabia) are Leading Players in the Molded Plastics Market
The molded plasstics market size is projected to reach USD 675.7 billion by 2027 from USD 499.1 billion in 2022, at a CAGR of 6.2% during the forecast period. Increasing demand from packaging applications and rising sustainable plastic demand is driving the global molded plastics market. Furthermore, growth of automotive industry coupled with positive outlook for construction industry is driving the growth of the molded plastics market.
- Published: December 2022
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IBM (US) and Evoke Technologies (US) are leading players in Open Source Services Market
MarketsandMarkets forecasts the global OSS market to grow from an estimated value of USD 25.6 billion in 2022 to 54.1 billion USD by 2027 at a compound annual growth rate (CAGR) of 16.2%. Lower cost of ownership of the software and the emergence of new technologies such as Iot and cloud are some factors driving the OSS market growth.
- Published: December 2022
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Market Leader - Cloud-native Application Protection Platform (CNAPP) Market
MarketsandMarkets forecasts that the global CNAPP market would grow from an estimated USD 7.8 billion in 2022 to USD 19.3 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 19.9% from 2022 to 2027. Increasing cyber threats and adoption of BYOD and remote work options among SMEs are some of the factors driving the market growth.
- Published: December 2022
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Market Leaders: Lemnatec (Germany), Delta-T Devices Ltd. (United Kingdom), and Heinz Walz Gmbh (Germany) are Increasing their Market Share through deals Plant Phenotyping Market
The plant phenotyping market is projected to reach USD 437 million by 2027. Growing importance of sustainable crop production using improved crop varieties is driving the overall plant phenotyping market. Further to this, automation and significant advancements in application of imaging sensors for high-throughput data collection is also a major factor driving the demand for plant phenotyping.
- Published: December 2022
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Thermo Fisher Scientific, Inc. (US), Perkin Elmer, Inc. (US) and Illumina, Inc. (US) are Leading Players in the Bioinformatics Market
The global bioinformatics market was valued at USD 10.1 billion in 2022 and is projected to reach USD 18.7 billion by 2027, at a CAGR of 13.0% during the forecast period. The growth of the bioinformatics market is driven by the increasing public and private-sector funding for bioinformatics, growing demand for personalized medicine, increasing pharmaceutical and biotechnology R&D expenditure, and decreasing cost of genome sequencing. However, the high cost of equipment is hindering the growth of this market.
- Published: December 2022
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Green Mining Companies - BHP Billiton (Australia) and Anglo American Plc (UK) are Leading Players in the Green Mining Market
The global green mining market is projected to grow from USD 11.0 billion in 2022 to USD 17.6 billion by 2027, at a CAGR of 9.9% during the forecast period. The major driving factors for the growth of the green mining market are the growing focus on eco-friendly and sustainable practices in mining industry and government initiatives creating an awareness of sustainable mining.
- Published: December 2022
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Market Leader - Hydrogen Storage Tanks and Transportation Market
The hydrogen storage tanks and transportation market is expected to grow from an estimated in USD 174 million in 2022 to USD 4,155 million by 2030, at a CAGR of 48.6% during the forecast period. Abundant availability of biomass and demand for off-grid power for rural electrification is expected to drive the market.
- Published: December 2022
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Market Leaders: DSM and Glanbia PLC are Focusing on Partnerships, Expansions and Acquisitions to Consolidate their Position in the Customized Premixes Market
The global customized premixes market size is estimated to value at USD 1.9 billion in 2022 and is projected to reach USD 2.5 billion by 2027, recording a CAGR of 5.5%, in terms of value during the forecast period. The customized premixes cater to a range of food and beverages applications such as beverages, dairy products, bakery & confectioneries, . Their demand has been surging in recent years owing to the global rise in micronutrient deficiencies, increased consumer awareness for fortified food and beverages consumption and increased spending towards health and nutrition of pet animals.
- Published: December 2022
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IBM (US), SAP (Germany), Informatica (US) and Talend (US) are leading players in Data Fabric Market
The Data Fabric market size to grow from USD 1.6 billion in 2022 to USD 6.2 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 30.9% during the forecast period. The Data Fabric market is expected to grow at a significant rate during the forecast period. Some factors driving the growth of the data fabric market are increasing volume and variety of business data, the emerging need for business agility and accessibility, and the growing demand for real-time streaming analytics.
- Published: December 2022
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Market Leaders - Automotive Relay Market
The automotive relay market is projected to grow from USD 12.2 billion in 2022 to USD 15.5 billion by 2027, at a CAGR of 5.0% for the same period. The base year for the report is 2021, and the forecast period is considered from 2022 to 2027.
- Published: December 2022
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Hazardous Area Equipment Companies - ABB Ltd. (Switzerland) and Siemens AG (Germany) are the Key Players
The hazardous area equipment market is projected to grow from USD 10.5 billion in 2023 to USD 14.1 billion in 2028; it is expected to grow at a CAGR of 6.1% from 2023 to 2028. The growth of the market is attributed to rising government regulations for industrial safety measures in hazardous environments. During the forecast period, the development of hazardous area equipment in industries such as oil & gas, chemical & pharmaceutical, food & beverage, and energy & power are expected to create growth opportunities for the market.
- Published: December 2022
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Market Leaders: Tetra Laval (Switzerland), GEA Group (Germany), Alfa Laval (Sweden), SPX Flow (Us), and Elecster Oyj (Finland) are Projected To Dominate The Market Due To Their Hi-Tech Technology Solutions and Services to Meet Consumer Requirements in UHT Processing Market
The market for UHT Processing is estimated at USD 4.6 billion in 2022; it is projected to grow at a CAGR of 13.4% to reach USD 8.6 billion by 2027. UHT treatment of products would destroy any harmful microorganisms. Consumers are more concerned with products' food safety considerations, hence this factor has gained popularity. The increasing popularity of the UHT treatment has the potential to drive the UHT processing market to grow even more over the coming years.
- Published: December 2022
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LANXESS (Germany) and Wuhan Youji Industries Co., Ltd. (China) are Leading Players in the Benzoates Market
The global benzoates market is projected to grow from USD 429 million in 2022 to USD 540 million by 2027, at a CAGR of 4.7% during the forecast period. Benzoates are primarily used in personal care & cosmetic products, food & beverages, pharmaceutical, home care products, and others.
- Published: December 2022
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Market Leader - Blockchain Gaming Market
MarketsandMarkets forecasts that the global blockchain gaming market is projected to grow from USD 4.6 billion in 2022 to USD 65.7 billion by 2027 at a Compound Annual Growth Rate (CAGR) of 70.3% during the forecast period. Increased investments and funding in blockchain games are driving market growth.
- Published: December 2022
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Market Leaders: Nestle SA Invested in Nescafe Plan 2030 to Reduce Greenhouse Gas Emissions, Improve Farmers Livelihoods, and Promote Regenerative Agriculture Market
The global regenerative agriculture market size is estimated to be valued at USD 8.7 billion in 2022. It is anticipated to reach USD 16.8 billion by 2027, recording a CAGR of 14.0% in value. Regenerative agriculture aims to increase farmer livelihoods, produce enough nutrient-dense food for the world's population, help mitigate climate change by storing carbon in soil and lowering greenhouse gas emissions, restore threatened biodiversity, enhance natural habitats, as well as prevent further deforestation and grassland conversion.
- Published: December 2022
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Evonik Industries AG (Germany) and Victrex PLC (UK) are Leading Players in the Polyaryletherketone (PAEK) Market
The PAEK market is projected to grow from USD 985 million in 2022 to USD 1,362 million by 2027, at a CAGR of 6.7% during the forecast period. The growth of the market is driven by the increasing demand from various applications in medical, electronics & electrical, aerospace, automotive and others.
- Published: December 2022
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Aircraft Braking System Companies - Safran (France), Collins Aerospace (US) are the Key Players
Aircraft Braking Systems are among the most vital parts of all types of aircraft, such as narrow-body aircraft, wide-body aircraft, business jets, cargo aircraft, military aircraft, and fighter jets. These systems are part of the landing gear used by aircraft wheels while landing and are responsible for safe landing and making the flight a safe and reliable mode of transport. The braking system in a flight is operated via hydraulics or pneumatically; modern electric brakes are operated electrically with the help of braking systems. A typical aircraft brake converts motion into heat energy due to friction. As a result, a significant amount of heat is generated onto the braking component. Proper equipment, maintenance, and regular inspection of aircraft brakes are necessary for the safe, effective, and efficient operation of an aircraft. A modern aircraft uses a basic disc braking system in which a disc is attached to the rotating wheel. A caliper at a fixed position produces friction which brings the aircraft to a stationary position. Weight, size, and landing speed influence the aircraft braking system, along with its design and complexity. The safety of aircraft has led to the increased deployment of aircraft braking systems to optimize their performance and ensure improved operational safety and efficiency.
- Published: December 2022
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Market Leaders: The Majority of Big Players are Focusing on Product Launches and Collaborations to Strengthen their Market Position Spray Drying Equipment Market
The research insight on Spray Drying Equipment Market industry highlights the prominent players in the market. Get known & unknown adjacencies impacting the market for Spray Drying Equipment Market.
- Published: December 2022
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Agreements/contracts, expansions, acquisitions, and new product developments are key strategies adopted by leading players in the Biomedical Textiles Market
Biomedical textiles market was worth USD 15.2 billion in 2022 and is expected to be worth USD 20.7 billion by 2027, growing at a 6.3% CAGR during the forecast period. Biomedical textiles are fibrous structures designed for use in specific biological environments. The fibers used in these textiles are required to possess antimicrobial, non-allergic, and non-carcinogenic properties. They are produced using the weaving, non-weaving, and knitting technologies. The applications of biomedical textiles considered in this report are non-implantable, surgical sutures, implantable, and extracorporeal devices. The non-implantable applications of biomedical textiles include gauze, adhesive, cohesive, elastic tubular, and triangular bandages; whereas the implantable applications of biomedical textiles include soft tissue implants, hard tissue implants, dental prostheses, and vascular devices.
- Published: December 2022
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Market Leaders- Top Remote Monitoring and Control
The global remote monitoring and control market is expected to grow from USD 24.6 billion in 2022 to USD 32.3 billion by 2027, registering a CAGR of 5.6% from 2022 to 2027. The rising demand for industrial mobility solutions and the deployment of AI and IoT technologies in the manufacturing sector are propelling the growth of the remote monitoring and control market.
- Published: December 2022
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IBM (US) and HPE (US) are leading players in MLOps Market
The MLOps market size is projected to grow from USD 1.1 billion in 2022 to USD 5.9 billion by 2027, at a CAGR of 41.0% during the forecast period. The adoption rate of MLOps is increasing due to increased ability to consistently track and get insights into model performance. The enormous flexibility and administration features of MLOps enable supervision, control, management, and monitoring of thousands of models for continuous integration, continuous delivery, and continuous deployment are the key factors driving market growth.
- Published: December 2022
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Market Leader - Reed Relay Market
The reed relay market is estimated to be USD 352 million in 2022 to USD 1,125 million by 2030, at a CAGR of 15.6% during the forecast period. Increasing adoption of EVs, rising investments in renewables, and growing demand from medical and instrumentation industry are the key factors driving reed relay market growth.
- Published: December 2022
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Market Leaders: Sun Chemical Corporation (US), Toyochem Co., Ltd. (Japan), Linx Printing Technologies (UK), Union Chemicar Co., Ltd. (Japan), and the Cake Decorating Co. (UK) are Increasing their Respective Market Shares Steadily Through Acquisitions and Partnerships in the Edible Inkjet Ink Market
The global edible inkjet ink market is projected to reach from 26 million in 2022 to USD 33 million by 2027, growing at a CAGR of 4.5% from 2022 to 2027. Rapid urbanization has brought about lifestyle changes that have significantly altered the traditional consumption patterns of consumers worldwide. The new generation and younger consumers are inclined towards individualized experience and are willing to spend more for customized food products or services. Edible inkjet inks are used in the bakery and confectionery industries by food manufacturers to customize conventional bakery, confectionery, and snack items by imprinting pre-printed images with edible food colors. The growth in innovations with respect to conventional food items and advancements in digital printing technology are propelling the market expansion for edible inkjet ink.
- Published: December 2022
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Hardware Encryption Companies - Western Digital Technologies, Inc. (US) and Samsung Electronics Co., Ltd. (South Korea) are the Leading Manufacturers
The global hardware encryption market is projected to grow from USD 271 million in 2022 to USD 357 million by 2027, at a CAGR of 4.8% during the forecast period from 2022 to 2027. The growth of this market is driven by factors such as increasing apprehension over data security and confidentiality, compliance with data privacy security regulations and standards, and development of digital content. However, heavy capital investments by stakeholders restrain the growth of the hardware encryption market.
- Published: December 2022
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Non-Volatile Memory Companies - SAMSUNG (South Korea) and Western Digital Technologies, Inc. (US) are the Key Players
The key factors driving the growth of the non-volatile memory market are increasing demand for fast access & low power consuming memory devices, and integrating emerging technologies to support digitalization in various sectors. The Non-volatile memory market is projected to grow from USD 74.6 billion in 2022 to USD 124.1 billion by 2027; it is expected to grow at a CAGR of 10.7% from 2022 to 2027.
- Published: December 2022
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Small Arms Companies - Smith & Wesson (US) and Heckler & Koch Gmbh (Germany) are the Key Players
The small arms market size is projected to grow from USD 8.9 billion in 2022 to USD 11.1 billion by 2027, at a CAGR of 4.5%. The rapidly evolving dynamics of the small arms market are attributed to the changing geo-political situations in economies across various regions like North America, Europe, Asia Pacific, the Middle East, Latin America, and Africa. The increasing incidences of criminal activities, external and internal conflicts & violence, and terrorism in these regions also influence the demand for small arms. Apart from its use in defense forces, small arms also see increasing importance in civil and commercial applications such as sporting, hunting, and self-defense, among others.
- Published: December 2022
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Market Leaders - Gasoline Direct Injection Market
The gasoline direct injection market is estimated to grow from USD 5.1 billion in 2022 to USD 7.3 billion by 2027 at a CAGR of 7.1% over the forecast period. The growth of this market is primarily driven by the strict vehicular emission regulations and cost effectiveness of GDI technology over diesel direct injection and growing trends of engine downsizing.
- Published: December 2022
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RF Test Equipment Companies - Keysight Technologies, Inc. (US), Anritsu Group (Japan), are the Key Players
The RF Test Equipment Market is estimated to be worth USD 3.5 billion in 2022 and is projected to reach USD 4.6 billion by 2027, at a CAGR of 6.1% during the forecast period. Surging adoption of wireless systems in residential and commercial buildings, rising number of smartphone subscriptions, increasing use of 5G-compatible devices, and growing number of IoT-connected devices are the major factors boosting the growth of RF test equipment market.
- Published: December 2022
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Aircraft Seat Upholstery Companies - Lantal Textiles AG (Switzerland) and Franklin Products (US) are the Key Players
The aircraft seat upholstery market is projected to grow from USD 1.9 billion in 2022 to USD 2.3 billion by 2027, at a CAGR of 3.6% during the forecast period from 2022 to 2027. The market growth can be attributed to an increasing number of aircraft orders due to the rise in air passenger traffic across the globe, demand for customized seats, and the growing number of premium economy seats.
- Published: December 2022
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Foremost Companies in the Pharmaceutical Gelatin Market: Darling Ingredients, Inc. (US) and Gelita AG (Germany)
The global pharmaceutical gelatin market is projected to reach USD 1.5 billion by 2027 from USD 1.1 billion in 2022, at a CAGR of 5.5% during the forecast period. Growth of the pharmaceutical gelatin market is majorly driven by various factors such as various advantages and properties of gelatin and increasing biomedical application of gelatin. However, factors such as the cultural restrictions in certain regions and the shift towards non-gelatin capsules are expected to restrain the growth of the market during the forecast period.
- Published: December 2022
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Strategies to Strengthen Their Market Position Market Leaders: Strong Research Funding for Product Development by Key Manufacturers are Food Grade Gases Market
The global food grade gases market is estimated to be valued at USD 7.6 billion in 2022. It is projected to reach USD 10.6 billion by 2027, recording a CAGR of 6.9% during the forecast period. Food-grade gases are defined as gases used as a processing aid or as an additive in the food & beverage industry. These gases should comply with the standards set by regulatory bodies such as the FDA. They are used alone or in combination for freezing & chilling, packaging, and for carbonation in certain beverages. Some of the most commonly used food-grade gases include carbon dioxide, nitrogen, oxygen, hydrogen, and argon. These gases are used for multiple end-uses such as meat, poultry, and seafood products, beverages, dairy & frozen food products, and convenience food products.
- Published: December 2022
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Market Leader - Unified Communication and Collaboration (UCC) Market
The global unified communication and collaboration (UCC) market size is expected to grow from USD 76.7 billion in 2022 to USD 141.6 billion by 2027 at a Compound Annual Growth Rate (CAGR) of 13.0% during the forecast period. UCC is a set of solutions that businesses use to make sure that almost all their technology integrates seamlessly and securely for close to real-time collaboration. With the use of UCC, organizations can interact virtually seamlessly, including voice, IP Telephony Calling, instant messaging, desktop sharing, presence, web conferencing, audio conferencing, and video conferencing which is increasing its demand.
- Published: December 2022
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Market Leaders: ADM (US), International Flavors & Fragrances (US), Givaudan (Switzerland), and Kerry Group (Ireland) are Increasing their Respective Market Shares Steadily Through Acquisitions and Collaborations Food Flavors Market
The global Food Flavor Market size is expected to grow from USD 18.0 billion in 2022 to USD 21.3 billion by 2027 at a CAGR of 3.5 % from 2022 to 2027. There is an increasing demand for ready-to-eat food and beverage products, especially in developing countries due to changing consumer preferences, rising disposable income, increasing health consciousness, and sustainable production. This has led to an increase in the use of food flavors in processed food & beverage products.
- Published: December 2022
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Thermo Fisher Scientific, Inc.(US) and Eppendorf AG (Germany)Laboratory Mixers Market
The global laboratory mixer market is projected to reach USD 2.4 billion by 2027 from USD 2.0 billion in 2022, at a CAGR of 3.5% from 2022 to 2027. This is attributed to rising disease prevalence, technological breakthroughs, and increased pharmaceutical and biotechnology industry research activities. For mixing together samples uniformly, laboratory mixers are crucial equipment utilized in a variety of industries, including biotechnology, food, cosmetics, and pharmaceuticals.
- Published: December 2022
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Aircraft Hydraulic System Companies - Raytheon Technologies Corporation (US), Parker Hannifin Corporation (US) are the Key Players
The Aircraft Hydraulic Systems Market size is projected to grow from USD 9.8 Billion in 2022 to USD 16.6 Billion by 2027, at a CAGR of 11.3% from 2022 to 2027. The requirement for lightweight hydraulic systems to meet the demand for new aircraft and increase air traffic is projected to influence commercial aircraft demand worldwide. However, delays in aircraft purchases are expected to hamper industry development throughout the forecast period.
- Published: November 2022
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