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Handheld Chemical and Metal Detector Companies - OSI Systems, Inc. (US) and Teledyne Technologies Incorporated (US) are the Key Players
The global handheld chemical and metal detector market is projected to reach USD 4.1 billion by 2027 from an estimated USD 2.3 billion in 2022, at a CAGR of 12.4% from 2022 to 2027. Major factors driving the growth of the market include increasing threat of chemical and explosives terrorism and rising focus of governments worldwide on imposing stringent regulations to ensure human and environmental safety.
- Published: February 2022
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Deloitte Touche Tohmatsu Limited (US) and Business Machines Corporation (US) are leading players in RegTech Market
MarketsandMarkets forecasts the global RegTech Market size is expected to grow USD 7.6 billion in 2021 to USD 19.5 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 20.8% during the forecast period.
- Published: February 2022
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Atlas Copco (Sweden) and Ingersoll Rand (US) are the Major players in the Industrial Air Compressor Market
The industrial air compressor market is expected to grow from an estimated USD 32.7 billion in 2021 to USD 42.9 billion by 2026, at a CAGR of 5.6% during the forecast period. The rapid industrialization and increasing automation in emerging economies and inflow of investments and rising demand for oil-free compressors in food & beverages industry are the main driver for the industrial air compressor market. The increasing demand for energy-efficient air compressors and rapid transformation of IoT in the compressed air industry provide lucrative opportunities for the industrial air compressor market during the forecast period
- Published: February 2022
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Market Leaders : Cargill incorporated and Bunge Limited are Focusing on developing new products, building new partnerships as well as expanding their business to consolidate their position in the Coconut Oil Market
The global coconut oil market is estimated to be valued at USD 5.4 billion in 2022. It is projected to reach USD 7.5 billion by 2027, recording a CAGR of 5.5% during the forecast period. Coconut oil is a yellowish-white solid or semi-liquid available in the form of edible oil. It is extracted from the wick, meat, and milk of the coconut palm fruit and has a low percentage of unsaturated fatty acids and is up to 90% saturated fat with no cholesterol content. The types of coconut oils available in the industry can be classified as RBD, virgin, and crude serving various applications in the field of food & beverages, cosmetic, pharmaceuticals and many others.
- Published: February 2022
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PepsiCO (New York) and Kellogg Co (US) are the Key Players in the Savory Snack Products Market
The savory snacks products market size is estimated to be valued at USD 203.9 billion in 2022 and is projected to reach USD 263.0 billion by 2027, recording a CAGR of 5.2% during the forecast period in terms of value. The demand for savory snack products is attributed by the significant change in the work culture which is promoting the demand for savory snacks among consumers.
- Published: February 2022
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Top Refrigeration Coolers Companies - Johnson Controls International plc (Ireland), LU-VE SPA (Italy), Lennox International (US), Kelvion Holding GmbH (Germany) are the Key Players
The global refrigeration coolers market is expected to grow from USD 4.19 billion in 2024 to USD 5.74 billion in 2029 at a CAGR of 6.5% during the forecast period. A refrigeration cooler is designed to extract heat within an enclosed area or piece of matter, thus lowering its temperature for the safety and quality preservation of foodstuffs. Refrigeration coolers have used applications in food storage, pharmaceuticals, and industrial processes to ensure that the items attain an optimum temperature that will not lead to spoilage and preserve the integrity of the product while still meeting the regulations. This process plays a significant role in the conservation of products because refrigeration coolers effectively manage the temperature and cause much improvement in efficiency while taking the shelf life of products into various industries.
- Published: February 2022
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Market Leaders - Potato Starch Market
The global potato starch market is estimated to be valued at USD 4.3 billion in 2022. It is projected to reach USD 5.2 billion by 2027, recording a CAGR of 3.7% during the forecast period. Starch is a large carbohydrate molecule made up of long chains of glucose molecules. There are two main configurations of these glucose chains: amylopectin and amylose. Potato starch powders are made by extracting that potato starch from the potato. It can contain a few other minor ingredients that are naturally present in the potato and get extracted out as well, but close to 100% is starch. Starch, with its key functionalities, is a key source of glucose for energy and also contributes to the palatability of food. It thus becomes an important ingredient to address the key highlights of convenience foods.
- Published: February 2022
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Market Leaders - Stacker Crane Market
The stacker crane market size is projected to reach USD 1,442 million by 2027 from an estimated USD 976 million in 2021, at a CAGR of 6.7% from 2021 to 2027. The base year for the report is 2018, and the forecast period is from 2021 to 2027.
- Published: February 2022
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Market Leader - Content Disarm and Reconstruction Market
The global CDR market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 15.7% during the forecast period, to reach USD 0.5 billion by 2026 from USD 0.2 billion in 2021. Key factors that are expected to drive the growth of the market are the increasing cost of data breaches, growing stricter regulation and compliance for content security, and increasing number of zero day and file-based attacks.
- Published: February 2022
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Microsoft Corporation (US) and Google, LLC (US) are Leading Players in the Container Security Market
MarketsandMarkets forecasts the container security market size to grow from USD 1.3 billion in 2021 to USD 3.6 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 22.0% from 2021 to 2026. Increasing popularity of microservices and digital transformation across enterprises are contributing to the growth of container security market across the globe during the forecast period.
- Published: February 2022
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Market Leader - DC Switchgear Market
The global DC switchgear market is projected to reach USD 14.8 billion by 2026 from an estimated market size of USD 11.0 billion in 2021, at a CAGR of 6.1% during the forecast period. The factors driving the growth for DC switchgear are the growing demand for renewable power generation and increasing investment in the upgradation and modernization of the railway sector
- Published: February 2022
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Thermo Fisher Scientific Inc. (US) and Haier Biomedical (China) are Leading Players in the Medical Refrigerators Market
The medical refrigerators market was valued at USD 3.5 Billion in 2020 and is projected to reach USD 4.9 Billion by 2026, at a CAGR of 6.0% during the forecast period. Medical refrigerators are heavy-duty refrigerators & freezers of various sizes and capacities that meet specific demands, and maintain medical equipment/specimens/vaccines/flammable chemicals at constant temperatures.
- Published: February 2022
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Biodegradable Films Companies - BASF SE (Germany) and Futamura Chemical Co. Ltd. (Japan) are Leading Players in the Biodegradable Films Market
The biodegradable films market is projected to grow from USD 1.0 billion in 2021 to USD 1.4 billion by 2026, at a CAGR of 7.2% from 2021 to 2026. The major reasons for the growth of the biodegradable films market include growing awareness regarding plastic waste and its adverse impact on the environment. Some of the other driving factor for the biodegradable films market growth include, growing demand from the food packaging industry, high demand from the agriculture & horticulture sector.
- Published: January 2022
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DAIKIN INDUSTRIES (Japan), Johnson Controls (US) and LG Electronics (South Korea) are the Global Players in the Ductless Heating & Cooling Systems Market
The market size of ductless heating & cooling systems is estimated at USD 98.4 Billion in 2021 and is projected to reach USD 145.0 Billion by 2026, at a CAGR of 8.1% between 2021 and 2026.
- Published: January 2022
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High-Integrity Pressure Protection System (HIPPS) Companies - Emerson Electric Co. (US), Yokogawa Electric Corp. (Japan), are the Key Players
The global High Integrity Pressure Protection System Market Size is expected to reach USD 670 million by 2027 from USD 484 million in 2022, growing at a CAGR of 6.7%. The market growth is mainly attributed to growing need for reducing flaring to protect the environment and the imposition of stringent regulatory norms by governments to ensure safety and security at manufacturing plants. The high installation cost of HIPPS is expected to be the key restraining factor for the HIPPS market growth.
- Published: January 2022
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SAP (Germany), Oracle(US) and IBM(US) are leading players in Procurement Analytics Market
The procurement analytics market size to grow from USD 2.6 billion in 2021 to USD 8.0 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 25.3% during the forecast period. Various factors such as increasing spending on marketing and advertising activities by enterprises, changing landscape of customer intelligence to drive the market, and proliferation of customer channels are expected to drive the adoption of procurement analytics technologies and services.
- Published: January 2022
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Robert Bosch GmbH (Germany), Siemens (Germany), Continental AG (Germany) and Denso (Japan) are leading players in Automotive Diagnostic Scan Tools market
The global Automotive Diagnostic Scan Tools market is projected to grow at a CAGR of 4.5% during the forecast period, to reach USD 41.4 billion by 2026 from an estimated USD 33.1 billion in 2021. The forecast period is 2021 to 2026. The rise in stringent emission norms to prevent environmental impact and the increase in demand of premium segment cars are the major factors boosting the growth of automotive diagnostic scan tools market globally.
- Published: January 2022
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Industrial 3D Printing Companies - Stratasys (US) and 3D Systems (US) are the Leading Manufacturers
The industrial 3D printing market is projected to grow from USD 2.1 billion in 2021 to USD 5.2 billion by 2026; it is expected to grow at a CAGR of 20.0% from 2021 to 2026. Increased focus on high-volume production using metal 3D printing, growth in the usage of 3D printing software and services, and development of advanced 3D printing materials are expected to be the major drivers for the growth of the industrial 3D printing market.
- Published: January 2022
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Market Leadership - Semiconductor Intellectual Property (IP) Market
The global semiconductor IP market size is projected to grow from USD 5.5 billion in 2021 to USD 7.2 billion by 2026, at a CAGR of 5.4%. The market slightly declined in 2020, mainly due to the impact of COVID-19. The supply chain disruption caused by the pandemic affected the market especially automotive, Industrial and others significantly. Also, due to lockdown restrictions, companies were not able to source the required labor for their operations due to travel restrictions.
- Published: January 2022
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AGC Inc. (Japan) and The Chemours Company (US) are Leading Players in the ETFE Market
The global Ethylene Tetrafluoroethylene (ETFE) market size is estimated to be USD 334 million in 2021 and is projected to reach USD 451 million by 2026, at a CAGR of 6.2% between 2021 and 2026. The North American region is the largest consumer of ETFE across the globe. The growth of the North America ETFE market can be attributed to the increasing use of ethylene tetrafluoroethylene in various new applications such as films & sheets, wire & cables, tubes, and coatings. Increasing usage of ETFE in solar panels, substitute for glass and other conventional materials, and growing demand in end-use industries are driving the demand for ETFE during the forecast period. However, ETFE is prone to puncture, transmit more sound than glass, and higher cost than other conventional material, which is hampering the market growth.
- Published: January 2022
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Evonik Industries (Germany) and SABIC (Saudi Arabia) are the Key Players in the Unidirectional Tapes (UD) Market
The global UD tapes market size is projected to grow from USD 194 million in 2021 to USD 332 million by 2026, at a CAGR of 11.4% during the forecast period. The growing demand for UD tapes from end-use industries, such as aerospace & defense, automotive, and sports & leisure, is driving the UD tapes market. This demand has encouraged many companies to adopt various developmental strategies in the UD tapes industry to increase their presence in the market. The growth strategies, such as new product launch and merger & acquisition, were adopted by the players to increase their foothold and maintain sustained growth in the UD tapes market.
- Published: January 2022
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Increasing demand for carbon fiber composites in bicycle frames, rackets, and golf sticks manufacturers to drive the growth of sports composites market globally
The sports composites market size is estimated to be USD 4.1 billion in 2021 and is projected to reach USD 5.1 billion by 2026, at a CAGR of 4.8% during the forecast period. The demand for carbon fibers is very high in carbon frames, golf sticks, and rackets manufacturing due to excellent performance properties such as high-strength, good grip, anti-corrosion properties, and lightweight.
- Published: January 2022
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ESRI (US) and SAP (Germany) are Leading Players in the Field Activity Management Market
MarketsandMarkets forecasts the global Field activity management Market size to grow from USD 1.0 billion in 2021 to USD 2.2 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 16.4% during the forecast period. The presence of various key players in the ecosystem has led to competitive and diverse market. Field activity management is the practice of managing field activities, including physical assets, associated workforce, and equipment using software, workflows, and communication solutions. Field activity management solution consolidates and captures the data related to mapping and scheduling, location data, and time and expense tracking under one platform and helps in efficient utilization, visualization, tracking, and management of assets on the field.
- Published: January 2022
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Total Station Companies - Hexagon AB (Sweden) and Trimble Inc. (US) are the Key Players
The total station market is estimated to reach USD 2.2 billion by 2027, registering a CAGR of 6.1% from 2022 to 2027. In the construction industry, total stations find applications in site surveying, foundation laying, earthwork mapping, pipe laying, trenching for drainage, and engineering. The increasing globalization and urbanization and rising investments in infrastructure development are fueling the adoption of total stations for the abovementioned applications in the construction industry.
- Published: January 2022
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Market Leader – GEA Group AG, Middleby Corporation and JBT Corporation are focusing on developing new products and Expanding their business to Strengthen their marke position
The food processing and handling equipment market is projected to grow from USD 130.6 billion in 2021 to USD 175.1 billion by 2026, recording a compound annual growth rate (CAGR) of 6.0% during the forecast period. The demand for food and beverage processing and handling equipment’s is increasing significantly, due to the increasing consumption of food and beverage products in developing countries such as China, India, South Africa, and Brazil.
- Published: January 2022
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Market Leader - HVAC Filters Market
The global HVAC filters market is estimated to be USD 3.5 billion in 2021 and is projected to reach USD 4.5 billion by 2026, at a CAGR of 5.0% from 2021 to 2026. Thedriving factor for the HVAC filters market is increasing demand for HVAC systems, growing awareness about indoor air quality, and government regulations and policies for efficient filtration. Further, increasing investments in the construction sector and technological advancements in HVAC filters are expected to offer significant growth opportunities to manufacturers.
- Published: January 2022
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Foremost Companies in the Regenerative Medicine Market: Novartis AG (Switzerland) and Biogen, Inc. (US)
The regenerative medicine market is projected to reach USD 49.0 Billion by 2028 from USD 16.0 Billion in 2023, at a CAGR of 25.1% during the forecast period. The uphill rise of the regenerative medicine market can be credited to the personalized medicine, emerging applications in new therapeutic areas, increasing collaborations and partnerships by major market players and increasing regulatory approvals in regenerative medicine.
- Published: January 2022
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Market Leader - Consumer Foam Market
The Consumer foam market is projected to grow from USD 40.2 billion in 2021 to USD 50.9 billion by 2026, at a CAGR of 4.9% from 2021 to 2026. Increased use of consumer foam in automotive applications for crash pads, headrests and armrests, trim, seating, carpet back, sun visors, instrument panels, filters, and headliners, and also in sound insulation, vibration dampening, and energy management and the versatility and unique physical properties of consumer foam are driving factors for growth of consumer foam market.
- Published: January 2022
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Market Leadership - Ink Resins Market
The ink resins market is projected to grow from USD 3.3 billion in 2021 to USD 3.8 billion by 2026, at a CAGR of 3.4% between 2021 and 2026. Increasing environmental protection standards for the printing ink industry, growth of packaging and energy curable inks industries, increasing demand for UV-cured inks, and new resin technologies are the key factors contributing to the growth of the ink resins market. However, increasing demand for e-books, stringent environmental regulations against VOC, and price rise of ink resin feedstock hinder market growth. The major opportunities in the ink resins market are in emerging markets such as India, China, Brazil, and Mexico. The printing industry in Asia Pacific, South America, and the Middle East & Africa is expected to have a good growth rate during the forecast period. Simultaneously, increasing environmental protection standards are expected to have a positive demand due to their environmental benefits.
- Published: January 2022
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Market Leader - Ozone Generator Market
The global ozone generator market size is projected to grow from USD 1.1 billion in 2021 to USD 1.5 billion by 2026, at a CAGR of 6.2% during the forecast period 2020 to 2026. Use of ozone as an alternative to chlorine for disinfection is one of the major factor propelling the growth of the ozone generator market
- Published: January 2022
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The Key Development Strategies, Namely, New Product Development, Expansion, Partnership/Agreement, and Acquisition, are Adopted by Leading Players for Boosting the Growth of the Composite Resin Market
Composite resin are used in a variety of end-use industries, including construction & infrastructure, transportation, electricals & electronics, pipes & tanks, wind energy, marine, aerospace & defense, and others. Led by strong end-user demand, the composite resin industry is growing at a rapid pace. However, amidst the global COVID-19 pandemic, the demand for composite resin from the above-mentioned industries is expected to show a sharp decline in 2020 from 2019. The global Composite resin market size is projected to grow from USD 20.5 billion in 2021 to USD 27.4 billion by 2026, at a CAGR of 6.0%.
- Published: January 2022
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Siemens Energy (Germany) and Mitsubishi Heavy Industries, Ltd. (Japan) are the Gas Turbine Market
The gas turbine market was valued at USD 18.9 Billion in 2021 and is projected to reach USD 22.5 Billion by 2026, at a CAGR of 3.6% during the forecast period. Gas turbines are majorly used for power generation. However, they are also used for mechanical drive purposes and in jet engines. Asia Pacific accounted for the largest share of the global gas turbine market in 2020 due to infrastructural expansions, ongoing power generation projects, and technological innovations in countries such as China and India.
- Published: January 2022
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Weapon Carriage and Release System Companies - L3Harris Technologies (US), Cobham PLC (UK) are the Key Players
The Weapons Carriage and Release Systems Market is estimated at USD 463 Million in 2021 and is projected to reach USD 571 Million by 2026, at a CAGR of 4.3% from 2021 to 2026. The weapons carriage & release systems market is growing at a significant rate across the world, and a similar trend is expected to be observed during the forecast period. The rising demand of different types of missiles with various ranges to defend the nation from various threat is driving the market are fueling the growth of the weapons carriage & release systems market. From short-range anti-aircraft and anti-armor missiles to short, medium, and long range air-to-air and air-to-ground weapons, ballistic and cruise missiles, they are now a vital part of the countrys most capable armed forces. The rising adoption of these systems is largely a function of their perceived military effectiveness.
- Published: January 2022
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Hydrogen Fluoride Gas Detection Companies - Honeywell International Inc. (US) and Teledyne Technologies Incorporated (US), are the Key Players
The global hydrogen fluoride gas detection market is projected to reach USD 704 million by 2026 from an estimated USD 543 million in 2021, at a CAGR of 5.3% from 2021 to 2026. Major factors driving the growth of the market include increasing accidents due to hydrogen fluoride gas leakage in oil & gas refineries and chemical plants are driving demand for hydrogen fluoride gas detection devices and stringent regulation for human and environmental safety.
- Published: January 2022
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Coloplast Corp (Denmark) and ConvaTec Inc. (England) are Leading Players in the Stoma/Ostomy Care Market
The global stoma/ostomy care market is expected to reach USD 3.2 billion by 2026 from an estimated USD 2.6 billion in 2021, at a CAGR of 4.3% from 2021 to 2026.
- Published: January 2022
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Satellite Antenna Companies - L3HARRIS TECHNOLOGIES and HONEYWELL INTERNATIONAL INC. are the Key Players
The satellite antenna market is projected to grow from USD 4.1 billion in 2021 to USD 10.5 billion by 2026, at a CAGR of 20.6%. Satellite antenna equipment is an integral part of the communication in commercial and defense industry. The deployment of low earth orbit (LEO) satellites and constellations of satellites for communication applications has increased their demand across the globe. Other factors driving the market growth include growing demand for Ku- and Ka-band satellites, and the growing fleet of autonomous and connected vehicles used for various applications in the military and commercial sectors, which require customized satellite antennas.
- Published: January 2022
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3M company (US) and Medtronic PLC (US) are Leading Players in the Medical Adhesive Tapes Market
The global medical adhesive tapes market is estimated at USD 8.6 billion in 2021 and is projected to reach USD 11.5 billion by 2026, at a CAGR of 6.1% between 2021 and 2026. The drivers of market growth are identified as the rising number of surgeries, increasing incidence of diabetes, and the growing number of ambulatory surgery centers.
- Published: January 2022
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Utimaco (Germany) and Vocal Technologies(US) are leading players in Lawful Interception Market
MarketsandMarkets forecasts the global Lawful Interception Market size is expected to grow USD 3.5 billion in 2021 to USD 12.9 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 29.3% during the forecast period. Rise in cybercrimes in the time of digitalization is increasing the adoption of Lawful Interception Market
- Published: January 2022
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Aircraft Wire and Cable Companies - Amphenol Corporation (US), Carlisle Interconnect Technologies (US) are the Key Players
The global market for Aircraft Wire and Cable is estimated to be USD 1.5 Billion in 2021 and is projected to reach USD 1.9 Billion by 2026, at a CAGR of 5.7% during the forecast period. The growth of this market is mainly driven by the digitalization and electrification of aircraft systems, increase in aircraft renewals and aircraft deliveries and growing technological developments.
- Published: January 2022
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Embedded Antenna Systems Companies - Molex (US) and Yageo Corporation (Taiwan) are the Key Players
The global embedded antenna systems market was valued at USD 3.2 billion in 2020 and is expected to reach USD 8.4 billion by 2027; it is anticipated to register a CAGR of 14.9% during the forecast period from 2021 to 2027. The key factors driving the growth of the embedded antenna systems market include increasing adoption of embedded antenna in Internet of Things devices, increasing demand for low-power wide area (LPWA) networks in IoT applications, and others.
- Published: January 2022
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Foremost Companies in the Teleradiology Market: Phillips Healthcare (Netherlands),GE Healthcare (US) and Medica Group Plc. (UK)
The teleradiology market is expected to reach USD 14.8 billion by 2026 from USD 7.3 billion in 2021, at a CAGR of 15.3% during the forecast period of 2021 to 2026. Due to the outbreak of coronavirus globally, there is a sudden rise in the demand for teleradiology services. The growth of this market is mainly attributed to the rising geriatric population and the subsequent increase in the prevalence of associated diseases; the increasing number of advanced imaging procedures and a shortage of skilled radiologists; advancements in teleradiology the increasing adoption of cloud-based solutions. However, declining reimbursements and the increasing regulatory burden in the US are factors expected to restrain the market growth. Moreover, the increasing adoption of artificial intelligence and blockchain technology in teleradiology is expected to provide lucrative opportunities for the growth of the teleradiology market in the coming years.
- Published: January 2022
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Corrugated Boxes Companies - Rengo Co., Ltd. (Japan) and Mondi Group (UK) are the Key Players in the Corrugated Boxes Market
The global corrugated boxes market size is estimated at USD 67.6 billion in 2021 and is projected to reach USD 80.8 billion by 2026, at a CAGR of 3.6%, between 2021 and 2026. Corrugated boxes are often used as shipping containers. They are sturdy, handy, and lightweight, owing to which they are used in a wide range of applications. The corrugated boxes market is witnessing demand owing to the rise in the online retail industry. The growing food & beverages, electronic, textile, home & personal care, glassware & ceramics, chemicals, and paper & paper products industries have contributed significantly towards the growth of the corrugated boxes market.
- Published: January 2022
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Apple(US) and AutoNavi(China) are leading players in Mobile Mapping Market
The global mobile mapping market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 19.5% during the forecast period, to reach USD 66.7 Billion in 2026. Key factors that are expected to drive the growth of the market are the growing investments in smart city projects, adoption of advanced technology for surveying and mapping and increase in use of geospatial data.
- Published: January 2022
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Market Leaders - Beverage Processing Equipment Market
The beverage processing equipment market is projected to grow from USD 20.4 billion in 2021 to USD 26.4 billion by 2026, recording a compound annual growth rate (CAGR) of 5.3% during the forecast period. The demand for beverage processing equipment is increasing significantly, due to the increasing consumption of beverage products in developing countries such as China, India, South Africa, and Brazil.
- Published: January 2022
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Market Leaders - Bakery Processing Equipment Market
The bakery processing equipment market is estimated to account for nearly USD 11.6 billion in 2021 and is projected to reach a value of nearly USD 14.8 billion by 2026, growing at a CAGR of 5.1% from 2021. The demand for bakery processing equipment’s is increasing significantly, due to the increasing consumption of bakery products in developing countries such as China, India, South Africa and Brazil.
- Published: January 2022
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Optic Adhesives Companies - Henkel AG & Co. KGAA and Dymax Corporation are Leading Players in the Optic Adhesives Market
The Optic adhesives market is projected to grow from USD 342 million in 2022 to USD 526 million by 2027, at a CAGR of 9.0% between 2022 and 2027. Asia Pacific is estimated to be the largest consumer of optic adhesives. The global optic adhesives major players have made several research developments across value chain to focus on changing customer preferences.
- Published: January 2022
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Infab Corporation (US), Bar-Ray Products (US) and AliMed, Inc. (US) are Leading Players in the North American Radiation Protection Apron Market
The North American radiation protection aprons market is projected to reach USD 48 million by 2026 from USD 35 million in 2021, at a CAGR of 6.9% during the forecast period. The growth of the North American radiation protection aprons market is being driven by factors such as increasing number of trained radiologic technologists, increasing safety awareness, the growing number of orthopedic and spine surgeries, and growth in the number of PET/CT scans. Lead aprons are deemed no longer necessary for adult patients in dental X-ray procedures in the US is expected to restrain North American radiation protection market growth. Increasing usage of nuclear medicine & radiation therapy coupled with the rising incidence of cancer, and recommendations for cancer screening are expected to offer strong growth opportunities for players in the market. In contrast, discomfort and pain due to the weight of lead aprons, and high and growing cost of lead may challenge market growth to a certain extent. The North American radiation protection aprons market is segmented based on type, material, and country.
- Published: December 2021
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Schlumberger (US) and Halliburton (US) are the Leading Players in the Well Testing Services Market
The global well testing services market is projected to reach USD 8.8 billion by 2026 from an estimated market size of USD 6.4 billion in 2021, at a CAGR of 6.4% during the forecast period. The factors driving the growth for well testing services are the rising global oil demand and the exploration and adoption off unconventional oil & gas resources.
- Published: December 2021
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Huntsman Corporation (US) and Polynt-Reichhold Group (Italy) are the Key Players in the Maleic Anhydride Market
The maleic anhydride market size is estimated to be USD 2.8 billion in 2021 and is expected to reach USD 3.4 billion by 2026, at a CAGR of 4.2% during the forecast period. Factors such as increasing demand for UPR in the automotive industry, high growth in the construction and wind energy industries, and growing demand of 1,4-BDO in various end-use industries are major driving factors. Commercialization of bio-based maleic anhydride is the major growth opportunity for the market. However, growth in demand for hybrid vehicles, rising battery price parity, and increase in governmental regulations are the major restraining factors in this market. Fluctuation in crude oil prices still remains a challenge for the maleic anhydride market.
- Published: December 2021
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Market Leaders - Medium-Chain Triglycerides Market
The global Medium-chain triglycerides market size is estimated to be valued at USD 763 million in 2021. It is projected to reach USD 1,034 million by 2026, recording a CAGR of 6.3%during the forecast period. The market for medium-chain triglycerides is driven by the rising demand for nutritional food and the increasing health consciousness among consumers. The preference for natural food additives over synthetic ones to eliminate health concerns also drives the demand for medium-chain triglycerides, as these are generally extracted from natural sources such as milk fats, coconut, and palm kernel oil.
- Published: December 2021
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