Research Insight

Amazon Web Services (AWS) and IBM Corporation (IBM) are leading players in Application Hosting Market

The application hosting market is projected to grow from USD 66.9 billion in 2022 to USD 121.7 billion by 2027, at a CAGR of 12.7% during the forecast period, which is fueled by the software-centered competitive advantage approach.

• Published: October 2022

DuPont De Nemours, Inc. (U.S.), BASF SE (Germany) are Leading Players in the Automotive NVH Materials Market

The automotive NVH materials market is projected to reach USD 7.4 billion by 2027, at a CAGR of 3.7% from USD 6.2 billion in 2022. The growing electric vehicle industry draws lucrative opportunities for the automotive NVH materials market. The unwanted noise and vibration caused due to electric motors in EVs offers new developments for automotive NVH solutions.

• Published: October 2022

Perstorp Holding AB (Sweden) and OQ Chemicals GmbH (Germany) are Leading Players in the Butyric Acid Market

The butyric acid market is projected to grow from USD 317 million in 2022 to USD 492 million by 2027, at a CAGR of 9.2% from 2022 to 2027. Butyric acids are used in various end-uses such as animal feed, chemical intermediates, pharmaceuticals, and food & flavors, among others.

• Published: September 2022

Autonomous Ships Companies - Kongsberg Maritime (Norway) and Rolls-Royce plc (U.K) are the Key Players

MarketsandMarkets: The autonomous ships market is estimated to be USD 3.9 billion in 2022 and is projected to reach USD 8.2 billion by 2030, at a CAGR of 9.6% from 2022 to 2030. The market is driven by factors such as development of new & advanced systems for Autonomous ships, increasing use of cruise ship passengers, increasing trade in Asia Pacific, etc.

• Published: September 2022

IBM (US) and TIBCO Software (US) are leading players Data Catalog Market

The global data catalog market size is expected to grow from USD 0.7 billion in 2022 to USD 1.8 billion in 2027, at a Compound Annual Growth Rate (CAGR) of 22.0% during the forecast period.

• Published: September 2022

Maxar Technologies (US) and Planet Labs PBC (US) are the Key Players in the Remote Sensing Services Market

MarketsandMarkets: The Remote Sensing Services Market is estimated to be USD 13.2 billion in 2022 and is projected to reach USD 26.6 billion by 2027, at a CAGR of 14.9% from 2022 to 2027. The market is driven by factors such as rise in global focus on using satellite, UAV imagery, applications like precision agriculture, crop health assessment, asset monitoring, etc.

• Published: September 2022

Utility Locator Companies - Radiodetection Ltd. (UK) and Guideline Geo (Sweden) are the Key Players

The utility locator market is projected to grow from USD 833 million in 2022 to USD 1,109 million in 2027; it is expected to grow at a CAGR of 5.9% from 2022 to 2027. The growth of the market is attributed to the concern for safety and protection of the underground utilities and benefits of utility locator over traditional technologies/ methods.

• Published: September 2022

Koninklijke DSM N.V. (Netherlands) and CoorsTek, Inc. (US) are Leading Players inn the Ceramic Armor Market

The global ceramic armor market size is expected to grow from USD 2.3 billion in 2022 to USD 3.5 billion by 2027, at a CAGR of 8.6% during the forecast period. Increasing crime and terrorist activities are driving the demand for ballistic body and vehicle armor for use by political leaders, businesspeople, bureaucrats, high-profile athletes, entertainment celebrities, and others. Ceramic armor is made up of ceramic materials, namely, alumina, silicon carbide, and boron carbide. Ceramic armor offers various advantages such as high hardness, low weight, durable, design flexibility, and high resistance to creep & stress rupture. The ceramic armor product is five times stronger and 70% lighter than steel. The ceramic armor can absorb the kinetic energy of the attack caused by a projectile such as shotguns and long guns. Various companies are focusing on adding ceramic armor to vehicles designed for civilians, depending upon client needs and the desired protection level, composites can be added in doors, roofs, and floors as well as firewalls, pillars, posts, and other body panels.

• Published: September 2022

Cornerstone OnDemand (US) and Paradiso Solutions (US) are leading players in Corporate Learning Management System (LMS) Market

MarketsandMarkets forecasts the global corporate LMS market size is expected to grow from an estimated value of USD 8.1 billion in 2022 to 21.1 billion USD by 2027, at a Compound Annual Growth Rate (CAGR) of 21.1% from 2022 to 2027. Growing need for skill-based and result-oriented training among enterprises and the surging need to integrate interactive and personalized training environments to strengthen the employee engagement are some factors driving the corporate LMS market growth.

• Published: September 2022

BASF SE (Germany), Lyondellbasell Industries Holdings B.V. (Netherlands) and Sabic (Saudi Arabia) are leading players in Electric Vehicles Plastics Market

The global electric vehicles plastics market is expected to grow from USD 3.7 billion in 2022 and is projected to reach USD 12.6 billion in 2027, at a CAGR of 27.9% in the forecast period. Plastics play a key role in helping to reduce the overall weight of a vehicle which improves it driving range and reduce CO2 emissions.

• Published: September 2022

iRobot Corporation (US) and Ecovacs Robotics Co., Ltd (China) are the Key Players in the Cleaning Robot Market

The Cleaning Robot Market is projected to grow from USD 9.8 Billion in 2022 to USD 25.9 Billion by 2027; it is expected to grow at a CAGR of 21.5% during the forecast period. Growing penetration of AI and IoT in household appliances, increasing improvements in vacuum cleaners such as compact size and self-charging capability and surging need for disinfecting robots in healthcare facilities are factors expected to boost the growth of the cleaning robot market in the next five years. However, lower penetration of obstacle avoidance technology in cleaning robots and perceiving unstructured human environment for cleaning robots are projected to be the key challenges and restraining factors for the industry players.

• Published: September 2022

Salesforce (US) and Pegasystems (US) are leading players in Marketing Cloud Platform Market

The global marketing cloud platform market size is expected to grow from USD 11.7 billion in 2022 to USD 17.8 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 8.7% during the forecast period. Marketing cloud platforms are integrated multichannel marketing solutions comprising support for creating and executing campaigns and communications via web and email marketing, mobile and social marketing. The marketing cloud platform helps organizations create campaigns based on a specific audience, shoppers’ needs, and their previous buying behaviors. It can send personalized emails, create targeted ads, and develop relevant email campaigns for a specific audience.

• Published: September 2022

Compagnie de Saint-Gobain S.A. (France) and Asahi Glass Corporation (AGC Inc) are leading players in Automotive Glass Market

The automotive glass market is projected to reach USD 30.6 billion by 2027 from an estimated USD 23.6 billion in 2022 at a CAGR of 5.4% during the forecast period. The base year for the report is 2021, and the forecast period is from 2022 to 2027.

• Published: September 2022

Food Safety Testing Industry - Upcoming Growth Trends in the Global Market

By 2027, food safety testing market is expected to increase at a compound annual growth rate (CAGR) of 8.1% to reach $31.1 billion globally. In 2022, the food safety testing market size was estimated to be $21.1 billion worldwide.

• Published: September 2022

Food Safety Testing Market Size & Share - Future Growth Prediction

By 2027, the food safety testing industry is expected to increase at a compound annual growth rate (CAGR) of 8.1% to reach $31.1 billion globally. In 2022, the food safety testing market size was estimated to be $21.1 billion worldwide.

• Published: September 2022

Market Leader - Automotive Traction Motor Market

The global automotive traction motor market is projected to grow by CAGR 22.8% from USD 6.5 billion in 2022 to USD 18.4 billion by 2027. With future growth being forecast for PHEVs and BEVs, major Tier I companies have directed their R&D toward traction motors. For instance, Siemens traction asynchronous motors use copper in the rotor design, which lowers losses due to the metal’s superior conductivity. These lower losses translate into higher energy efficiency and an increased power-to-weight ratio. Nidecs new traction motor system is used in compact cars as well as SUVs and is compatible with AWD vehicles due to an optional clutch mechanism that can be disengaged when only two of the wheels need to be powered. Continental’s 48 V high-power system comprises an electric motor with integrated power electronics and a battery that reduces fuel consumption and CO2 emissions by around 20% compared to similar vehicles fitted with combustion engines.

• Published: September 2022

Market Leaders : Minority of big players are focusing on product Launches and Acquisition to Strengthen their market position in Essential Oils Market

According to MarketsandMarkets, the global essential oils market size is estimated to be valued at USD 8.8 billion in 2022 and is projected to reach USD 15.3 billion by 2027, recording a CAGR of 11.8% in terms of value. The essential oils provide plants with their characteristic smell and safeguard them from external stress conditions. Apart from imparting fragrance, essential oils have healing properties due to their potent antioxidant, anti-inflammatory, anti-viral, and anti-microbial properties. It is due to these qualities that essential oils find usage in a wide array of applications starting from food & beverages and aromatherapy to cosmetics & toiletries, home care, health care, and feed.

• Published: September 2022

Top Food Safety Testing Companies - Growth Strategies in the Food Safety Testing Sector

The market for Food safety testing is estimated at USD 21.1 billion in 2022; it is projected to grow at a CAGR of 8.1% to reach USD 31.1 billion by 2027. The implementation of strict regulations by various leading food safety organizations, including the Food Standards Agency, European Food Safety Authority, Food Safety and Standards Authority of India, and Canadian Food Inspection Agency, to prevent consumer illness and food fraud is expected to fuel the growth of the global food safety testing market.

• Published: September 2022

RadNet, Inc. (US), Sonic Healthcare (Australia) and Akumin Inc. (US) are Leading Players in the Diagnostic Imaging Services Market

The diagnostic imaging services market is projected to reach USD 702.6 billion by 2027 from USD 549.0 billion in 2022, at a CAGR of 5.1% during the forecast period. The major factors driving the growth of this market the increasing rise in chronic diseases globally, demand for early diagnosis of diseases, ongoing advancements in diagnostic imaging technology. Moreover,  increase in the age related disorders and growing expaniosn of diagnostic center are likely to play important role in driving the growth of market.

• Published: September 2022

Cryostat Companies - Leica Biosystems (Germany) and Attocube Systems AG (Germany) are the Key Players

The cryostat market is projected to reach USD 2.8 billion by 2027 from USD 2.2 billion in 2022; it is expected to grow at a CAGR of 4.9% from 2022 to 2027.

• Published: September 2022

IBM (US), Oracle (US) and SAP (Germany) are leading players in Multichannel Order Management Market

The global multichannel order management market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 9.4% during the forecast period, to reach USD  4.2 billion by 2027 from USD  2.7 billion in 2022. Major drivers for the market are the growth of the retail and ecommerce vertical with the advent advance technologies. The businesses in retail and ecommerce had rapidly adpting the advance technologies which enables them to improve sales channels, customer experience and the overall functioning of the business as well. The major restraint for the market is the issues related with data access by unauthorised users that jeopardize the competitiveness of the organisation and the security of its data. Underlying opportunities in the multichannel order management market includes technological advancements and the rapid growth to adopt the online sales. The rapid adoption of cutting-edge technologies across manufacturing, healthcare, and food & beverage industries is gaining speed and results in the high internet adoption rate across the multichannel order management market.

• Published: September 2022

DuPont (US) and Elantas (Germany) are Leading Players in the Electrical Insulation Materials Market

The global electrical insulation materials market size is projected to grow from USD 10.6 billion in 2022 to USD 14.3 billion by 2027, at a CAGR of 6.2% between 2022 and 2027. Rising demand from emerging markets, increased demand of electricity, growing demand for electrical vehicles and growth of renewable energy are driving the market for electrical insulation materials.

• Published: September 2022

Foremost Companies in the Veterinary Pain Management Market: Boehringer Ingelheim International GmbH (Germany), Zoetis Inc. (US) and Elanco Animal Health Incorporated (US)

The global veterinary pain management market is projected to reach USD 2.5 billion by 2027 from USD 1.8 billion in 2022, at a CAGR of 6.7% during the forecast period. Growth in this market is driven by factors such as the increasing animal population, increasing consumption of meat & milk, growing prevalence of diseases, and the increasing number of veterinary practitioners in developed economies. However, increasing pet care costs are expected to restrain the growth of this market to a certain extent during the forecast period.

• Published: September 2022

Quantum Sensors Companies - Campbell Scientific, Inc. (US) and ID Quantique SA (Switzerland) are the Key Players

The global quantum sensors market size is expected to grow from USD 260 million in 2022 to USD 565 million by 2027, at a CAGR of 16.8% from 2022 to 2027. The growing need for high-precision and accurate measurements in crucial applications such as aerospace and defense and autonomous vehicles is driving the demand for quantum sensing technology. Startups and key players in the market are investing in the research and development of quantum sensing technologies such as magnetic sensors, gravimeters, accelerometers, and atomic clocks. Besides, governments of developed economies, such as the US, Japan, and Germany, and developing economies, such as India and Israel, are taking initiatives and allocating funds to develop quantum technologies. The medical and automotive sectors are the new potential markets that are expected to create lucrative opportunities for the market players.

• Published: September 2022

Top Companies in V2X Cybersecurity Industry - ESCRYPT GmbH (Germany), Qualcomm Incorporated (US), Autotalks (Israel) and AUTOCRYPT Co., Ltd. (Korea) are the Leading Players

The V2X cybersecurity market is projected to grow from USD 43 million in 2023 to USD 778 million by 2030, at a CAGR of 51.3%. The demand for V2X cybersecurity solutions is expected to increase significantly, driven by increasing demand for fully autonomous driving and escalating concerns regarding vehicle safety. The significantly growing global automotive V2X market further bolsters its expansion. Robust governmental support for V2X technology and advancements in 5G technology are foreseen to create novel opportunities within the V2X cybersecurity market.

• Published: September 2022

GP Batteries International (Hong Kong), Arotech Corporation (US) and Energizer Holdings (US) are the Top Players in the Metal-air Battery Market

The metal-air battery market is projected to grow from USD 498 million in 2022 to USD 993 million by 2027, at a CAGR of 14.8% from 2022 to 2027. Rising demand for high-energy density storage solutions, increasing use of zinc-air batteries in electronic devices, and rising demand for green-energy sources are some of the major factors propelling the growth of the metal-air battery market.

• Published: September 2022

Thin Wafer Companies - Shin-Etsu Chemical Co., Ltd. (Japan) and Siltronic (Germany) are the Leading Manufacturers

The thin wafer market is projected to grow from USD 11.4 billion in 2022 and is projected to reach USD 20.6 billion by 2027; it is expected to grow at a CAGR of 12.5% from 2022 to 2027.

• Published: September 2022

F. Hoffmann-La Roche Ltd. (Switzerland) and Danaher Corporation (US) are Leading Players in the Slide Stainer Market

The global slide stainer market is valued at USD 4.3 billion in 2022 and is projected to reach USD 5.9 billion in 2027 at a CAGR of 6.8%. The market growth drivers are the rising prevalence of cancer, infections, and chronic diseases worldwide and increasing medical research and trials on cancer drugs. The growth rate of the market is restrained by the high cost of slide staining systems.

• Published: September 2022

Honeywell International Inc. (US) and Koninklijke DSM N.V. (Netherlands) are Leading players in the Ballistic Composites Market

The global ballistic composites market size is expected to grow from USD 2.0 billion in 2022 to USD 3.1 billion by 2027, at a CAGR of 8.6% during the forecast period. Increasing crime and terrorist activities are driving the demand for ballistic body and vehicle armor for use by political leaders, businesspeople, bureaucrats, high-profile athletes, entertainment celebrities, and others. As ballistic composite armor is lighter and meets the highest requirements of international standards for safety, there has been a surge in the demand for composite materials in personal protective clothing and transportation. Various companies are focusing on adding composite armor to vehicles designed for civilians, depending upon client needs and the desired protection level, composites can be added in doors, roofs, and floors as well as firewalls, pillars, posts, and other body panels.

• Published: September 2022

Market Leaders: Fright Farms (US) and Sodexo (US) Partnered to Provide Advanced Hydroponic Vertical Farming Technology to School and Universities Across the Country. IT would help the Company to Strengthen its Market Position in Hydroponic Market

The global hydroponic system market is valued at USD 12.1 billion and is projected to reach USD 25.1 billion by 2027, growing at a CAGR of 15.6%. The global hydroponics crop market is estimated to be valued at USD 37.7 billion in 2022 and is projected to reach USD 53.4 billion by 2027, recording a CAGR of 7.2%. The demand for hydroponics is increasing due to the increasing demand for fresh food worldwide.

• Published: September 2022

Delta Electronics, Inc. (Taiwan) and Advanced Energy Industries, Inc (US) are Leading Players in the Medical Power Supply Market

The global medical power supply market is projected to reach USD 1.9 billion by 2027 from USD 1.5 billion in 2022, at a CAGR of 6.5% from 2022 to 2027. Robust growth in applied markets (such as diagnostic imaging, patient monitoring, wearable devices, home healthcare, and surgical equipment, among others); growing product development and commercialization; and increased research grants, funding, and public-private investments are the key factors driving growth of the market. However, complex regulatory frameworks and technical limitation of conventional medical power supplies are expected to limit market growth in near future.

• Published: September 2022

Laser Marking Companies - Coherent, Inc. (US) and TRUMPF (Germany), are the Key Players

The Laser Marking Market is estimated to grow from USD 2.9 billion in 2022 to reach USD 4.1 billion by 2027; it is expected to grow at a CAGR of 7.2% from 2022 to 2027. The growth of the laser marking market can be attributed to higher performance of laser markers over traditional material marking techniques.

Major Laser Marking Companies Include:

• Coherent, Inc. (US),
• TRUMPF (Germany),
• Han’s Laser Technology Co., Ltd. (China),
• Gravotech Marking (France),
• IPG Photonics Corp. (US),
• 600 Group (UK),
• Danaher Corp. (US),
• Novanta Inc. (US),
• KEYENCE Corp. (Japan),
• Huagong Tech Co., Ltd. (China),
• Trotec Laser (Austria),
• Epilog Laser (US),
• MECCO (US).

• Published: September 2022

Huawei (China) and Nokia (Finland) are leading players in WTTx Market

The WTTx market size is projected to grow from USD 4.9 billion in 2022 to USD 33.0 billion by 2027, at a CAGR of 46.4% during the forecast period. Government initiatives to establish smart cities and WTTx-5G deployment coverage in untapped rural and urban regions are driving the WTTx market growth.

• Published: September 2022

Microsoft (US) and Check Point (Israel) are leading players in Cloud Compliance Market

The global cloud compliance market size is estimated to be valued at USD 30.0 billion in 2022 and is projected to reach USD 59.1 billion by 2027 during the forecast period, growing at a CAGR of 14.5%. The need to automate compliance among large enterprises is one of the key factors driving the market growth.

• Published: September 2022

Easy accessibility of patient engagement technology and data security of patient information are the most crucial factors determining the purchase of patient engagement technology

The global patient engagement technology market is projected to reach USD 27.9 billion by 2027 from USD 17.3 billion in 2022, at a CAGR of 10.0%. Increasing adoption of patient engagement solutions, technological advancement, government initiatives, increased awareness, and rising benefits of implementing these technologies are significant factors driving the growth of this market.

• Published: September 2022

Ocean Power Technologies (US) and Eco Wave Power (Israel) are leading players in Wave Energy Converter Market

The wave energy converter market is expected to grow from an estimated in USD 20 million in 2022 to USD 28 million by 2030, at a CAGR of 4.3% during the forecast period. The rising electricity demand from coastal communities and the presence of abundant untapped wave energy sources are expected to be the primary drivers of the market.

• Published: September 2022

3M (US) and Nitto Denko Corporation (Japan) are Leading Players in the Waterproof Tapes Market

The waterproof tapes market is projected to grow from USD 15.5 billion in 2022 to USD 21.3 billion by 2027, at a CAGR of 6.6% between 2022 and 2027. Asia Pacific is estimated to be the largest consumer of waterproof tapes. The global waterproof tapes major players have made several strategic developments across value chain to focus on changing customer preferences.

• Published: September 2022

Boston Scientific Corporation (US), Olympus Corporation (Japan) and KARL STORZ (Germany) are Leading Players in the Bronchoscopy Market

The global bronchoscopy market is projected to reach USD 3.7 billion by 2027 from USD 2.5 billion in 2022, at a CAGR of 7.9% during the forecasted period (2022 to 2027). Bronchoscopy is an endoscopic technique used to visualize and examine the inside of the trachea, bronchi (air passages that lead to the lungs), and lungs. A bronchoscope is a thin, tube-like instrument with a light and a lens for viewing. Market growth is largely driven by the rising prevalence of respiratory diseases, the growing demand for minimally invasive surgeries, growing hospital investments in bronchoscopy facilities, and technological advancements in bronchoscopes. On the other hand, the dearth of trained physicians and pulmonologists is a major challenge to the growth of this market.

• Published: September 2022

Sika AG (Switzerland) and Henkel AG (Germany) are Leading Players in the MS Polymer Adhesives Market

The market size of MS polymer adhesives is estimated to grow from USD 5.2 billion in 2021 to USD 7.5 billion by 2027, at a CAGR of 6.1% during the same period. Increasing demand for MS polymer in manufacturing adhesives & sealants and environmental regulations in North America and Europe are the key driving factors for the market.

• Published: September 2022

F5 (US) and HPE (US) are leading players in Multi-Cloud Networking Market

MarketsandMarkets forecasts the global Multi-Cloud Networking market to grow from USD 2.7 billion in 2022 to USD 7.6 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 22.5% during the forecast period. The major factors driving the growth of the Multi-Cloud Networking market include increasing penetration of mobile devices, increased remote working, more dynamism the compute and storage needs are, the more important and beneficial it is to configure resources easily, operational efficiency, application proliferation for organizations to pursue a multi cloud strategy, and growing demand for cloud usage.

• Published: September 2022

Laser Diode Companies - II-VI Incorporated (US) and IPG Photonics Inc. (US) are the Key Players

The global laser diode market size is expected to grow from USD 5.9 billion in 2022 to USD 10.9 billion by 2027, at a CAGR of 13.1% during the forecasted period. The major drivers for the growth of laser diode market include growing application areas of laser diodes in various industries, expanding fiber laser market, and surge in demand for high-power laser diodes for industrial applications. However, the high initial investment required for industrial application are some of the factors that are likely to hinder the growth of the laser diode market.

• Published: September 2022

Ultra-Low Phase Noise RF Signal Generator Companies - Anritsu Corporation (Japan) and Keysight Technologies (US) are the Key Players

The ultra-low phase noise RF signal generator market is projected to grow from USD 153 million in 2022 to USD 232 million by 2027; it is expected to grow at a CAGR of 8.7% from 2022 to 2027. Major factors contributing to the growth of ultra-low phase noise RF signal generator market includes rising demand of signal generators in testing digital wireless communication, and increasing demand for portable signal generators in ragged outdoor projects from the end use application segment such as aerospace and defense, satellite technology, automotive, and test and measurements fields.

• Published: September 2022

TCS (India) and Atos (France) are leading players in Remote Workplace Services Market

The global remote workplace services market size to grow from USD 20.1 billion in 2022 to USD 58.5 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 23.8% during the forecast period. A remote workplace services is an ecosystem of office technologies that enables businesses to communicate and cooperate successfully, whether employees are working in an office, remotely, or in a hybrid setting. Workplaces are becoming more digitalized as a result of increased productivity and technological optimization. A remote workplace services can occasionally make tasks and difficulties at work simple.

• Published: September 2022

Sateri (China), Lenzing AG (Austria) and Grasim Industries Limited (India) are Leading Players in the Regenerated Cellulose Market

The Regenerated Cellulose market size is estimated to be USD 18.0 billion in 2022 and is projected to reach USD 27.3 billion by 2027, at a CAGR of 8.7%.

• Published: September 2022

Foremost Companies in the Bariatric Surgery Devices Market: Johnson & Johnson (US) and Medtronic plc (Ireland)

The bariatric surgery devices market is valued to reach USD 2.4 billion by 2027 from an estimated USD 1.9 billion in 2022, at a CAGR of 5.4% during the forecast period. The bariatric surgery devices market is driven by the rising obesity cases worldwide and subsequent increase in bariatric surgeries coupled with the growing demand for minimally invasive surgeries.

• Published: September 2022

CAE Inc. (Canada), Israel Aerospace Industries Ltd. (Israel) and General Atomics Aeronautical Systems, Inc. (US) are the Major Players in the Drone Simulator Market

A drone simulator is a training device that simulates the drone environment and functionalities. It is used to provide training to military and commercial drone pilots. The adoption of drone simulators is growing in the market owing to their affordability for training a drone pilot. Simulators can create different environments and situations that a drone pilot may face in the real world. The drone simulator market is expected to increase as the defense forces shift their training to simulation based on real-world training. This saves them much money, and the pilots can be trained in different situations. The drone simulator market is projected to grow from USD 799 million in 2022 to USD 1,501 million by 2027, at a CAGR of 13.4 % from 2022 to 2027.

• Published: September 2022

Aviation Analytics Companies - IBM Corporation (US) and IFS (Sweden) are the Key Players

The aviation analytics market is projected to grow from USD 2.5 billion in 2022 to USD 4.7 billion by 2027, at a CAGR of 13.0% from 2022 to 2027. Some of the factors that are expected to fuel the growth of the aviation analytics market include the increasing focus on analytics solutions and competitive intelligence to increase profitability of aviation business and increasing customer centricity in aviation industry.

• Published: September 2022

Drone Analytics Companies - AgEagle (US), AeroVironment (US) are the Key Players

MarketsandMarkets: The Drone Analytics Market is estimated to be valued at USD 2.1 Billion in 2022 and is projected to reach USD 6.5 Billion by 2027, at a CAGR of 25.5%. This growth can be attributed to the rising demand for agricultural drones, increasing use of drones in defense, and new application areas like thermal detection being carried out using drones, among others. The manufacturers of drones are focusing on expanding their business to meet the increasing demand for drone analytics.

• Published: September 2022

Market Leader - POS Security Market

MarketsandMarkets forecasts the global Point of Sale (POS) Security market size is expected to grow from an estimated value of USD 4.0 billion in 2022 to USD 6.1 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 8.6% from 2022 to 2027. Growing scale of data breaches that involve POS system compromise and compliance with regulations are some of the factors that are driving the market growth.

• Published: September 2022

Increasing use of glass mats in industrial and construction & infrastructure to give boost to the glass mat materials demand during the forecast period

The global glass mat material market size is estimated to be USD 1.2 billion in 2022 and is forecasted to reach USD 1.7 billion by 2027, witnessing a CAGR of 6.8% between 2022 and 2027. Glass mat is made of non-woven materials, which can be randomly sized, chopped, or continuous glass fibers that are distributed uniformly and are bonded together with a binder material. Glass mat material majorly consist of glass fibers and binders. Glass fiber is a material consisting of numerous extremely fine fibers of glass. These glass fibers can be E-glass, S-glass, and ECR-glass fiber, depending on their applications. Binders are the substances or materials that draw or hold other materials together to form cohesive whole parts.

• Published: September 2022