Research Insight

Plastic Additives Companies - BASF SE (Germany) and Dow Inc. (US) are Leading Players in the Plastic Additives Market

In terms of value, the plastic additives market is estimated to grow from USD 43.5 billion in 2023 to USD 57.0 billion by 2028, at a CAGR of 5.6%. Rising demand of plastic additives from industries such as packaging, construction, consumer goods, automotive, and others for variety of applications is leading the market. During the forecast period, this is anticipated to expand the plastic additives market even more.

• Published: November 2023

Emerging Trends to Watch in the Threat Modeling Tools Market

The global Threat Modeling Tools Market is projected to increase from an anticipated USD 0.8 billion in 2022 to USD 1.6 billion by 2027, At a Compound Annual Growth Rate (CAGR) of 14.9% from 2022 to 2027. Growing demand for user-friendly threat modeling tools, stringent government regulations, and rising cases of cyber crimes are some factors driving the threat modeling tools market growth.

To know about the assumptions considered for the study download the pdf brochure

The global Threat Modeling Tools Market is experiencing significant growth and transformation, driven by various emerging trends that reflect advancements in cybersecurity, regulatory requirements, and evolving business needs. Here are the key emerging trends in the threat modeling tools market:

• Published: November 2023

VMware (US) and Cisco (US) are leading players in Zero Trust Architecture Market

The global zero trust architecture market size is projected to grow from USD 17.3 billion in 2023 to USD 38.5 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 17.3% during the forecast period. The zero trust architecture market’s growth is fueled by the concurrence of digital transformation and the widespread adoption of cloud environments. This transition results in a highly interconnected IT landscape, expanding the attack surface and necessitating a security framework capable of safeguarding data and applications across multiple cloud platforms.

• Published: November 2023

Top Companies in IDaaS Industry - Okta (US), Microsoft (US), Thales (France) | MarketsandMarkets

The global IDaaS market size is projected to grow from USD 7.0 billion in 2023 to USD 21.4 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 25.0% during the forecast period. The rise in identity and authentication frauds is propelling the expansion of the IDaaS market.

• Published: November 2023

Unveiling Trends in IDaaS Market: Zero Trust, Biometrics, AI Security

According to projections, the size of the worldwide IDaaS market would increase at a Compound Annual Growth Rate (CAGR) of 25.0% between 2023 and 2028, from USD 7.0 billion to USD 21.4 billion. The IDaaS industry is growing as a result of an increase in identity and authentication fraud.

The adoption of IDaaS solutions is anticipated to be significantly influenced by compliance management, given the substantial expenses linked to non-adherence to regulatory requirements. Due to the growing need for authenticity requirements, it is anticipated that laws and regulations like the Health Insurance Portability and Accountability Act (HIPAA), Sarbanes-Oxley (SOX), Payment Card Industry Data Security Standard (PCI-DSS), and General Data Protection Regulation (GDPR) will be further updated in the upcoming years.

• Published: November 2023

Emerging Technologies and Trends in the Public Cloud Market

The public cloud market is anticipated to increase from USD 444.7 billion in 2022 to USD 987.7 billion by 2027, with a Compound Annual Growth Rate (CAGR) of 17.3%.

Organizations can use the common platform that the public cloud offers through an Internet connection. The public cloud services are managed by a third party, or cloud service provider, and operated on a pay-per-use model. Therefore, businesses, institutions of higher learning, governmental bodies, or a combination of groups, or even individuals, own, manage, and run public clouds.

To know about the assumptions considered for the study download the pdf brochure

 

• Published: November 2023

IDaaS Market Share & Size: Trending Growth Factors

At a Compound Annual Growth Rate (CAGR) of 25.0% over the course of the forecast period, the size of the worldwide IDaaS market is expected to increase from USD 7.0 billion in 2023 to USD 21.4 billion by 2028. The market for IDaaS is growing due to an increase in identity and authentication fraud.

Given the enormous costs of non-compliance with regulatory obligations, compliance management is anticipated to play a significant role in driving the adoption of IDaaS solutions. It is anticipated that laws and regulations like the Health Insurance Portability and Accountability Act (HIPAA), Sarbanes-Oxley (SOX), Payment Card Industry Data Security Standard (PCI-DSS), and General Data Protection Regulation (GDPR) will be updated further in the upcoming years due to the growing need for authenticity requirements.

• Published: November 2023

BASF SE (Germany) and Nouryon (Netherlands) are the leading key players in the Agricultural Micronutrients Market

The agricultural micronutrients market is estimated to be USD 5.39 billion in 2025 and is projected to reach USD 8.19 billion by 2030, at a CAGR of 8.6%. The agricultural micronutrient market is growing steadily as the trend toward balanced crop nutrition continues. The importance of certain agricultural micronutrients, such as zinc, boron, iron, manganese, copper, and molybdenum, is increasingly recognized for their role in maintaining crop metabolism, nutrient uptake, resistance, and yield. Market growth is also impacted by the use of new crop formulation technology, such as chelated micronutrients, which are more stable, highly bioavailable, and deliver nutrients effectively regardless of soil and climatic conditions. Soil, foliar, and fertigation dosing is also gaining favor as a segment of precision agriculture practices. Also, rising attention to sustainable agricultural practices, the efficient use of fertilizer, and government regulations and policies shaping agricultural practices are emphasizing the use of micronutrient fertilizers as a necessary tool to enhance agricultural practices worldwide.

• Published: November 2023

Explainable AI Industry – Emerging Trends and Innovations

The global Explainable AI Market size was valued USD 6.2 billion in 2023 and is projected to reach USD 16.2 billion by 2028, at a CAGR of 20.9% during the forecast period. Increasing regulations and requirements for transparency and accountability in AI systems drive the demand for Explainable AI solutions to ensure compliance with laws like GDPR and HIPAA.

• Published: November 2023

Mosa Meat (Netherlands), UPSIDE FOODS (US) and JUST, Inc. (US) are leading players in Cultured Meat Market

The cultured meat market is estimated at USD 272.4 million in 2023 and is projected to reach USD 6,169.6 million by 2034, at a CAGR of 33.3% from 2028 to 2034. The cultured meat market is experiencing robust growth due to a convergence of key factors. Increasing global concerns about sustainability, environmental impact, and animal welfare are driving consumers and investors toward alternative protein sources. Cultured meat offers a more eco-friendly and ethical option by reducing the strain on land, water, and livestock. Additionally, advancements in biotechnology and cell culture techniques are making production more efficient and cost-effective. High-profile investments and collaborations from major food companies and startups are fueling research and development, leading to improved taste and texture. As a result, the cultured meat market is on an upward trajectory, poised to transform the future of food.

• Published: November 2023

Uncovering Trends in Security Service Edge Market: Latest Demand & Scope

At a compound annual growth rate (CAGR) of 25.4%, the SSE market is expected to expand from USD 0.8 billion in 2023 to USD 2.8 billion by 2028. The COVID-19 pandemic and other worldwide events have hastened the widespread use of remote work, which has generated a critical demand for reliable security solutions and is propelling the expansion of the SSE market.

• Published: November 2023

Explainable AI Market - Size, Share, and Growth Drivers

The global explainable AI market is projected to expand/grow at a CAGR of 20.9% during the forecast period to reach USD 16.2 billion by 2028, size was valued USD 6.2 billion in 2023. Increasing regulations and requirements for transparency and accountability in AI systems drive the demand for Explainable AI solutions to ensure compliance with laws like GDPR and HIPAA.

• Published: November 2023

Top Explainable AI Companies - Microsoft (US), IBM (US) and Temenos(Switzerland) | MarketsandMarkets

The explainable AI market size is to grow from USD 6.2 billion in 2023 to USD 16.2 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 20.9% during the forecast period. Increasing regulations and requirements for transparency and accountability in AI systems drive the demand for Explainable AI solutions to ensure compliance with laws like GDPR and HIPAA.

• Published: November 2023

Security Service Edge Market Share & Size: Key Growth Factors

Over the course of the projection period, the SSE market is expected to increase at a CAGR of 25.4%, from USD 0.8 billion in 2023 to USD 2.8 billion by 2028. Strong security solutions are urgently needed, and this demand has been fueled by the global adoption of remote work and the COVID-19 epidemic. As a result, the SSE market is expanding.

• Published: November 2023

Ferro Silicon Companies - Elkem (Norway) and RFA International (Switzerland) are Leading Players in the Ferro Silicon Market

The ferro silicon market is projected to reach USD 12.9 billion by 2028, at a CAGR of 3.4% from USD 10.9 billion in 2023. The market growth is driven by influencing factors such as robust demand for steel in automotive, construction, manufacturing industry, and growing focus on renewable energy to reduce carbon emissions.

• Published: November 2023

Privileged Access Management Market Trends, Growth, and Forecast

At a CAGR of 21.5% over the course of the forecast period, the size of the global PAM market is expected to increase from USD 2.9 billion in 2023 to USD 7.7 billion by 2028. Several key factors propel the PAM market. These include a marked rise in digital transformation and the accelerated shift to the cloud, the growing menace of insider threats, account and password sharing concerns, and growing adherence to regulatory standards.

• Published: November 2023

Top Privileged Access Management Companies - Fortinet (US) and Silverfort (Israel) | MarketsandMarkets

The global PAM market size is projected to grow from USD 2.9 billion in 2023 to USD 7.7 billion by 2028 at a CAGR of 21.5% during the forecast period. Several key factors propel the PAM market. These include a marked rise in digital transformation and the accelerated shift to the cloud, the growing menace of insider threats, account and password sharing concerns, and growing adherence to regulatory standards.

• Published: November 2023

Privileged Access Management Market Insights, Key Trends, Drivers, and Opportunities

With a compound annual growth rate (CAGR) of 21.5%, the size of the global PAM market is expected to increase from USD 2.9 billion in 2023 to USD 7.7 billion by 2028. Several key factors propel the PAM market. These include a marked rise in digital transformation and the accelerated shift to the cloud, the growing menace of insider threats, account and password sharing concerns, and growing adherence to regulatory standards.

• Published: November 2023

Top Companies in Insolvency Software Market are Clio (Canada) and CARET (US)

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

The government will increase the demand for the insolvency software market by expanding the adoption of digitalized tools in various sectors, such as BFSI. Digital transformation is imperative for financial services businesses in the rapidly changing digital environment. This shift allows customers to efficiently manage their finances, incorporating features like chatbot-driven financial services and smartphone-based solutions into the everyday norm.

• Published: November 2023

Pet Food Packaging Companies - Amcor Plc (Australia) and Mondi plc (South Africa) are Leading Players in the Pet Food Packaging Market

The global pet food packaging market size is projected to grow from USD 11.1 billion in 2023 to USD 14.9 billion by 2028, at a CAGR of 5.9% during the forecast year. The global pet food packaging market has experienced significant growth over the past few years. With the increasing pet population and changing consumer preferences, the pet food industry has evolved to meet the demands of pet owners. Packaging plays a pivotal role in the success of pet food products, ensuring not only the safety and freshness of the contents but also serving as a vital marketing tool.

• Published: November 2023

Top Companies in Particle Therapy Market - Varian Medical Systems, Inc.(US) and IBA Worldwide (EU) are the Leading Players

The global particle therapy market is projected to reach USD 1.1 billion by 2028 from USD 0.7 billion in 2023, growing at a CAGR of 8.2% during the forecast period. Growth in the particle therapy market is mainly due to an increase in cancers, rising technological advancements and increasing particle therapy centers worldwide. The demand for the particle therapy market is growing due to more money being allocated to cancer research and development and increased public awareness of invasive procedures.

• Published: November 2023

Top Companies List of AdTech Industry - Meta (US), Google (US) and Amazon (US) | MarketsandMarkets

The global AdTech market is projected to register a CAGR of 14.5% during the forecast period, reaching USD 1,496.2 billion by 2030 from an estimated USD 579.4 billion in 2023. Major factors to boost the market growth include the increasing demand for data-informed marketing strategies, the growing popularity of audio streaming and podcasts for audio advertising, and the proliferation of smartphones for greater mobile optimization and in-app advertising.

• Published: November 2023

Market Leaders: Cargill Incorporated (Us), ADM (US), Tate & Lyle PLC (UK), Agrana Beteiligungs-AG (Austria) and Ingredion Incorporated (Us) are Increasing their Respective Market Shares Steadily Through Expansion and new Product Launches in Starch Derivatives Market

The global starch derivatives market size is estimated to be valued at USD 57.9 billion in 2023 and is projected to reach USD 68.4 billion by 2028, recording a CAGR of 3.4% in terms of value.

• Published: November 2023

Starch Derivatives Market Size & Share - Future Growth Prediction

The global starch derivatives market size is estimated to be valued at USD 57.9 billion in 2023 and is projected to reach USD 68.4 billion by 2028, recording a CAGR of 3.4% in terms of value.

• Published: November 2023

Emerging Trends in the Global AdTech Market

The global AdTech market is expected to grow at a CAGR of 14.5% over the forecast period, reaching USD 1,496.2 billion by 2030 from an anticipated USD 579.4 billion in 2023. Major factors driving market expansion include rising demand for data-driven marketing strategies, the growing popularity of audio streaming and podcasts for audio advertising, and the proliferation of smartphones for improved mobile optimisation and in-app advertising.

• Published: November 2023

Starch Derivatives Industry - Upcoming Growth Trends in the Global Market

The global starch derivatives market size is estimated to be valued at USD 57.9 billion in 2023 and is projected to reach USD 68.4 billion by 2028, recording a CAGR of 3.4% in terms of value.

• Published: November 2023

DNA Data Storage Companies - Illumina, Inc. (US) and Microsoft (US) are the Key Players

The DNA Data storage market is projected to grow from USD 76 million in 2024 and is expected to reach USD 3,348 million by 2030, growing at a CAGR of 87.7% from 2024 to 2030. The demand for data storage is growing exponentially, driven by the increasing digitization of businesses and societies. For instance, Cloud computing providers need to store large amounts of data for their customers, so the growth of cloud computing is leading to the need for increased data storage capacity. DNA data storage has the potential to meet this demand by offering a high-density, durable, and secure way to store data. DNA is incredibly dense, meaning that it can store large amounts of data in a small space. Additionally, DNA is very durable and can last for thousands of years. This makes DNA ideal for long-term archival storage of critical data.

• Published: November 2023

Key Drivers of Growth in the AdTech Market and Market Share Analysis

The global AdTech market is expected to grow at a 14.5% CAGR over the forecast period, reaching USD 1,496.2 billion by 2030 from an anticipated USD 579.4 billion in 2023. Major factors driving market expansion include an increase in demand for data-driven marketing strategies, the growing popularity of audio streaming and podcasts for audio advertising, and the proliferation of smartphones for better mobile optimisation and in-app advertising.

• Published: November 2023

Trash Bags Companies - Berry Global Inc. (US) and The Clorox Company (US) are Leading Players in the Trash Bags Market

The trash bags market is projected to grow from USD 10.6 billion in 2023 to USD 13.7  billion by 2028, at a CAGR of 5.2% from 2023 to 2028. The growth of the market is driven by the increasing awareness of hygiene with rising waste generation and the initiatives taken by governments in China, Europe, the US, and Mexico, among other countries.

• Published: November 2023

Aircraft Gearbox Companies - Safran (France) and Liebherr (Ireland) are the Key Players

The global Aircraft Gearboxes Market size is projected to grow from USD 3.0 Billion in 2023 to USD 4.2 Billion by 2028, at a CAGR of 6.9% from 2023 to 2028. Aircraft gearboxes play a crucial role in aviation by enabling efficient power distribution, controlled speed, and precise mechanical operation for enhanced safety and performance. Several driving factors contribute to the functioning and development of aircraft gearboxes. These include advancements in aviation technology, the demand for improved efficiency and performance, regulatory standards for safety, and the need for reliable and durable components to support the growing aviation industry.

• Published: November 2023

Top Companies in Automotive Actuators Industry - Robert Bosch (Germany), Denso Corporation (Japan), and Continental AG (Germany) are Leading Players

The automotive actuators market is predicted to grow from USD 27.9 billion in 2024 to USD 33.5 billion in 2030, with a CAGR of 3.1%. The rising demand for automotive actuators stems from multiple converging factors. There is a demand for EV actuators, for applications such as HVAC actuators and e-powertrains, which can be attributed to the electrification of vehicles. Concurrently, the advancements in vehicle automation such as ADAS and autonomous technologies require precise control over functions such as steering and braking, which depends mainly on actuators. Furthermore, consumer desire for increased comfort amenities, as well as the shift toward smart, connected automobiles, help to boost actuator integration. Finally, increased worldwide vehicle production, particularly in the EV and premium categories, drives up total demand for automotive actuators.

• Published: November 2023

Top Companies in Direct Air Capture Industry - Climeworks (Switzerland), Carbon Engineering ULC. (Canada), Global Thermostat (US)

The global direct air capture market is projected to reach USD 1,727 million by 2030 from an estimated USD 62 million in 2023, at a CAGR of 60.9% during the forecast period. The growing emphasis on net-zero emission, stringent regulations, and favourable government policies are driving the growth of the direct air capture market.

• Published: November 2023

In Space Manufacturing Companies - Allevi Inc. (US) and Global Graphene Group, Inc. (US) are the Key Players

The In-Space manufacturing market is estimated to grow from USD 4.6 Billion in 2030 to USD 62.8 Billion by 2040, at a CAGR of 29.7% from 2030 to 2040. North America is estimated to account for the largest share of the In space manufacturing market in 2030.

• Published: November 2023

Top Mobile Threat Defense Companies - Cisco Systems, Citrix Systems and Kaspersky Labs

The global mobile threat defense market is estimated to be worth USD 2.6 billion in 2023 and is projected to reach USD 7.2 billion by 2028, at a CAGR of 22.9% during the forecast period.

Major Mobile Threat Defense Companies Include

• Cisco Systems (California),
• Citrix Systems (Florida)
• Kaspersky Labs (Russia)
• Broadcom (California)
• VMware (California)

• Published: November 2023

Top 10 High & Medium Voltage Products Companies - Hitachi (Japan), ABB Ltd. (Switzerland), Siemens (Germany), Schneider Electric (France), Prysmian S.p.A (Italy)

The global top 10 high and medium voltage products market is projected to reach USD 349.7 billion by 2028 from an estimated USD 264.1 billion in 2023, at a CAGR of 5.8% during the forecast period. Factors such as the need of growth in the offshore wind energy capacities, and the rise in investments in improving the power grid infrastructure to drive the demand.

• Published: November 2023

Polymeric Adsorbents Companies - DuPont de Nemours, Inc. (US) and Mitsubishi Chemical Corporation (Japan) are Leading Players in the Polymeric Adsorbents Market

The Global Polymeric Adsorbents Market size is projected to grow from USD 130 million in 2023 to USD 170 million by 2028, at a CAGR of 5.5% from 2023 to 2028.

• Published: November 2023

Spatial Computing Market Size, Share, Growth and Forecast

The global spatial computing market size was valued USD 97.9 billion in 2023 and is projected to reach USD 280.5 billion by 2028, at a CAGR of 23.4% during the forecast period. An urge for effective disaster recovery, adherence to regulatory compliance and government-led reporting standards across financial organizations, and significant adoption of and embedding of advanced technologies are expected to drive the growth of the global Spatial Computing market.

• Published: November 2023

Top Spatial Computing Companies - Meta (US), Microsoft (US) and Sony (Japan) | MarketsandMarkets

The Spatial Computing market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 23.4% during the forecast period, to reach USD 280.5 billion by 2028 from USD 97.9 billion in 2023. An urge for effective disaster recovery, adherence to regulatory compliance and government-led reporting standards across financial organizations, and significant adoption of and embedding of advanced technologies are expected to drive the growth of the global Spatial Computing market.

• Published: November 2023

Spatial Computing Industry - Emerging Trends and Future Prospects

The global spatial computing market is projected to expand at a CAGR of 23.4% during the forecast period to reach USD 280.5 billion by 2028, size was valued USD 97.9 billion in 2023. An urge for effective disaster recovery, adherence to regulatory compliance and government-led reporting standards across financial organizations, and significant adoption of and embedding of advanced technologies are expected to drive the growth of the global Spatial Computing market.

• Published: November 2023

Carbon Fiber Construction Repair Companies - SIKA AG (Switzerland) and Mapei SpA (Italy) are Leading Players in the Carbon Fiber Construction Repair Market

The carbon fiber construction repair market is projected to grow from USD 119 million in 2023 to USD 192 million by 2028, at a CAGR of 10.0% during the forecast period. Construction repair carbon fiber products possess various properties, such as high strength, high elastic modulus, low weight, high temperature tolerance, high chemical resistance, and fatigue strength, which make them an ideal choice for the construction repair industry. The usual applications of carbon fiber construction repair products include repairing and adding more strength to structures made up of concrete, timber, steel, cast iron, or masonry.

• Published: October 2023

Latest Trends in Vision Transformers Market: Future Scope & Demand

Over the course of the forecast period, the vision transformers market is expected to develop at a rate of 34.2%, from USD 0.2 billion in 2023 to USD 1.2 billion by 2028. The capabilities of computer vision systems have been greatly enhanced by the integration of AI and deep learning techniques. AI makes it possible for machines to comprehend and analyze visual data, which has a wide range of uses in the retail, automotive, and healthcare sectors.

• Published: October 2023

Hypersonic Flight Companies - AeroVironment, Inc. (US) and Prismatic Ltd. (UK) are the Key Players

The Hypersonic Flight Market is estimated to be USD 782 Million in 2023 and is projected to reach USD 1,154 Million by 2030, at a CAGR of 5.7% from 2023 to 2030. The primary driving factors for the hypersonic flight market in the commercial, space, and military sectors, include the potential for reduced travel times and global connectivity in the commercial sector, enhanced efficiency and flexibility in space exploration, and the advantages of rapid response, precision, and strategic deterrence in the military sector.

Major Hypersonic Flight Companies Include:

• Leidos (US)
• Rolls Royce (UK)
• Hermeus (US)
• Raytheon Technologies Corporation (US)
• Northrop Grumman Corporation (US)

To strengthen their position in this market, these companies have implemented a variety of growth strategies which include new product developments, contracts, collaborations, expansions, certifications, agreements, acquisitions, and R&D activities.

• Published: October 2023

Growth Factors Driving Vision Transformers Market Share & Size

The market for vision transformers is anticipated to expand at a growth rate of 34.2% between 2023 and 2028, from USD 0.2 billion to USD 1.2 billion. Computer vision systems now have much greater capabilities thanks to the integration of AI and deep learning algorithms. The ability of AI to read and comprehend visual data is useful for a variety of industries, including healthcare, automotive, and retail.

• Published: October 2023

Top Companies in Vision Transformers Industry - Google (US), Meta (US), Microsoft (US) | MarketsandMarkets

The vision transformers market is projected to grow from USD 0.2 billion in 2023 to USD 1.2 billion by 2028 at a growth rate of 34.2% during the forecast period. Integrating AI and deep learning techniques has significantly improved the capabilities of computer vision systems. AI enables machines to interpret and understand visual data, which has numerous applications in healthcare, automotive, and retail industries.

• Published: October 2023

Artificial Intelligence (AI) Supercomputer Companies - NVIDIA Corporation (US) and Intel Corporation (US) are the Key Players

The AI supercomputer market is projected to grow from USD 1.2 billion in 2023 and is expected to reach USD 3.3 billion by 2028, growing at a CAGR of 22.0% from 2023 to 2028. The application of AI supercomputers in the healthcare sector has witnessed significant growth in recent years. These powerful computing systems are being leveraged to address complex challenges, enhance medical research, and streamline healthcare operations. AI supercomputers helps accelerate drug discovery by simulating molecular interactions, predicting potential drug candidates, and simulating the behavior of compounds. This aids in precision medicine and enhances diagnostic capabilities.

• Published: October 2023

Thermo Fisher Scientific Inc. (US) and QIAGEN (US) are Leading Players in the Nucleic Acid Isolation and Purification Market

The global nucleic acid isolation and purification (NAIP) market is valued at an estimated USD 6.37 billion in 2026 and is projected to reach USD 9.66 billion by 2031, at a CAGR of 8.7% during the forecast period. The growth of this market is mainly driven by rising adoption of automated nucleic acid extraction systems, increasing need for high-purity and inhibitor-free nucleic acid recovery, and growing awareness of the importance of DNA isolation and purification in different applications.

• Published: October 2023

ALD Equipment Companies - ASM International N.V. (Netherlands) and Tokyo Electron Limited. (Japan) are the Key Players

The ALD equipment market is estimated to be worth USD 3.9 billion in 2023 and is projected to reach USD 6.2 billion by 2028, at a CAGR of 10.0% during the forecast period. The growing semiconductor industry is expected to provide growth opportunities for market players offering ALD equipment. Moreover, increasing adoption of more than Moore devices such as CMOS image sensors, MEMS & sensors, RF devices, etc. is also a key factor contributing to the market growth of ALD equipment.

• Published: October 2023

Sumitomo Electric Industries, Ltd. (Japan) and Yazaki Corporation are Leading Players in the Automotive Wiring Harness Market

The automotive wiring harness market is projected to grow from USD 42.95 billion in 2026 to USD 49.29 billion by 2033 at a CAGR of 2.0%. This growth is largely driven by the surge in global vehicle production, the implementation of stringent safety norms, and heightened sales of EVs. OEMs are actively adding ADAS, connected infotainment, emission-control modules, and digital cockpit systems, significantly increasing harness complexity and data communication requirements per vehicle. However, a key challenge is managing higher wiring density and copper intensity within legacy ICE electrical architectures, which increases packaging complexity, redesign costs, and supplier margin pressure.

• Published: October 2023

High Altitude Pseudo Satellite Companies - AeroVironment, Inc. (US) and Prismatic Ltd. (UK) are the Key Players

The high altitude pseudo satellite market size is projected to grow from USD 85 million in 2023 to USD 189  million by 2028, at a CAGR of 17.2% from 2023 to 2028. The market growth can be attributed to the improving reliability for long-duration HAPS deployments and growing adoption of composite material to build lightweight HAPS.

• Published: October 2023

Top Companies in Future of E-Powertrain Industry - Rober Bosch Gmbh (Germany), Magna International Inc. (Canada), Vitesco Technologies Gmbh (Germany), Dana Limited (US) and Valeo (Germany)

The electric powertrain market is projected to reach 51,288 thousand units by 2032, from an estimated 18,181 thousand units in 2024, at a CAGR of 13.8%.

• Published: October 2023