Research Insight

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

Amcor Limited (Australia) and Mondi Group (UK) are the Major Players in the Flexible Paper Packaging Market

The global flexible paper packaging market size is projected to grow from USD 64.4 billion in 2021 to USD 79.1 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 4.2% during the forecast year. According to the Flexible Packaging Association, flexible packaging is any package or any part of a package whose shape can be readily changed. Flexible paper packaging is lighter in weight, cost-efficient, and uses less material as compared to other forms of packaging.

• Published: December 2021

Market Leaders - Probiotics Food & Cosmetics Market

The global probiotics food & cosmetics market is estimated to be valued at USD 56.6 billion in 2021. It is projected to reach USD  84.5 billion by 2026, recording a CAGR of 8.3% during the forecast period. The increasing demand from developed countries for probiotics-based dietary supplements benefiting human digestion and intestinal health, particularly in the aging population, has been a major driver for the global probiotics food & cosmetics market.

• Published: December 2021

AGRU (Austria) and GF Piping Systems (Switzerland) are Leadoing Players in the Polyolefin Pipes Market

The global polyolefin pipes market size is projected to reach USD 24.1 billion by 2026 at a CAGR of 5.3% from USD 18.6 billion in 2021. Sprinkler and drip irrigation provide good growth potential, hot water bathroom application where PO pipes are replacing PVC pipes, increasing usage of engineered PO in manufacturing pipes, improved characteristics of plastomers over conventional plastics and elastomers, increasing adoption of bio-based polymer such as PLA and BioPE, and growing emphasis by local government on rainwater harvesting are driving the polyolefin pipes market.

• Published: December 2021

GlaxoSmithKline plc. (UK), Johnson & Johnson Services, Inc, and Astellas Pharma Inc. (Japan) are leading players in Prostate Health Market

The global prostate health market is projected to reach USD 48.9 billion by 2026 from USD 31.8 billion in 2021, at a CAGR of 9.0% during the forecast period. The prostate gland (the prostate) is an organ of the male reproductive system. The three most common forms of prostate disease are inflammation (prostatitis), non-cancerous enlargement of the prostate (benign prostatic hyperplasia or BPH), and prostate cancer. Benign prostatic hyperplasia (BPH) is defined as a medical condition affecting men. It involves the non-cancerous enlargement of the prostate gland. While BPH rarely shows symptoms before the age of 40, the risk of contracting BPH increases with age. The condition affects nearly 50% of men between the ages of 51 and 60 and up to 90% of men older than 80. Treatment measures such as medications and surgery have been used for patients with BPH.

• Published: December 2021

Informatica (US) and Boomi Inc. (US) are leading players in Integration Platform as a Service Market

The Integration Platform as a service Market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 30.3% during the forecast period, to reach USD 13.9 billion by 2026 from USD 3.7 billion in 2021. Growing adoption of hybrid and multi-cloud infrastructure, exponentially increasing cloud real-time monitoring, and the need for business agility, faster deployment, and scalability are the drivers of the market growth.

• Published: December 2021

Mitsubishi Heavy Industries Ltd. (Japan), General Electric Company (US) and Andritz AG (Austria) are Leading Players in the Flue Gas Desulfurization System Market

The FGD systems market is projected to grow from USD 19.3 billion in 2021 to USD 24.9 billion by 2025, at a CAGR of 5.2% from 2021 to 2026. The Asia Pacific region dominated the FGD system market in 2020. The major drivers for the growth of the market in this region is the growth of the coal-fired power generation and cement manufacturing industries, among others. The market in this region is growing considerably and India is likely to be a major hotspot over the next five years.

• Published: December 2021

Qorvo, Inc. (US) and Thales Group (France) are Leading Players in the Microwave Devices Market

Microwave devices operate in frequency ranges between 1GHz and 300 GHz. The benefits featured by these devices include low operational cost, low latency, noise cancellation, and efficient data transmission. The microwave devices allow data transmission from sender to receiver within a fraction of a second, with less data loss. They are used for critical and high-speed data operations in the healthcare, space, telecommunications, industrial, and military & defense verticals.

• Published: December 2021

Market Leader - Binders and Scaffolders for Meat & Meat Substitutes Market

The global meat binders market is estimated to be valued at USD 3.7 billion in 2021. It is projected to reach USD 4.2 billion by 2026, recording a CAGR of 2.6% during the forecast period. The increasing demand for meat products like beef, pork, and poultry has been a major driver for the global meat binders market.

• Published: December 2021

Sonova Holdings AG (Switzerland), Olympus Corp. (Japan), William Demant Holdings A/S (Denmark), Cochlear Limited (Australia), and Stryker Corporation (US) are the Leading Players in the Ear Health Market

The global ear health market is projected to reach USD 1.9 billion by 2026 from USD 1.4 billion in 2021, at a CAGR of 6.3% during the forecast period. Growth in this market is largely driven by the growing geriatric population, high prevalence of ear diseases, rising incidence of noise-induced hearing loss, and shift in consumer preference towards plant-based supplements. Moreover, untapped emerging markets in developing countries are creating lucrative opportunities for the market players. The ear health market is segmented into ear health devices, tinnitus & ear impairment care supplements, and ear infection treatment medications.

• Published: December 2021

Micro-LED Companies - Apple (US) and Sony (Japan) are the Key Players

The micro-LED market is estimated to be valued at USD 592 million in 2021 and reach USD 21,169 million by 2027, at a CAGR of 81.5%. The expected penetration of  micro-LED displays in NTE devices and premium smartphones are the key factors that will accelerate the growth of the micro-LED market during the forecast period. Likewise, growing demand for wearable displays for smartwatches and head mounted displays (HMDs) are expected to create lucrative opportunities for the players in the micro-LED market. However, absence of patents and proper supply chain are expected to restraint market growth.

• Published: December 2021

Google (US) and Microsoft (US) are leading players in Speech-to-text API Market

The global Speech-to-text API market size to grow from USD 2.2 billion in 2021 to USD 5.4 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 19.2% during the forecast period. Speech-to-text APIs enable users to convert speech or audio content into textual formats. Such solutions are helpful in transcribing audio or video content into searchable formats, which help in marketing, customer care, and fraud detection and prevention applications. Call centers, nowadays, are flooded with large volumes of customer data accumulated through hours of interactions each day. Speech-to-text APIs have emerged as crucial tools to transcribe such data into textual formats and apply various analytics to extract meaningful insights and drive business performance. The software solutions are integrated with Artificial Intelligence (AI) and ML technologies to deliver real-time and accurate results to the customers.

• Published: December 2021

Industrial Wastewater Treatment Chemicals Companies - Ecolab Inc. (US) and Suez SA (France) are Leading Players in the Industrial Wastewater Treatment Chemicals Market

The global Industrial wastewater treatment chemicals market size is estimated to be USD 12.8 billion in 2021 and is projected to reach USD 16.6 billion by 2026, at a CAGR of 5.3% between 2021 and 2026.  The stringent environmental regulations pertaining to emission and treatment of industrial waste and depleting freshwater resources are driving the demand for industrial wastewater treatment chemicals during the forecast period. However, the shifting demand of end-use industries toward the advanced and environment-friendly water treatment technologies is hampering the market growth. On the other hand, growing industrialization resulting from population explosion is expected to leverage new growth opportunities for industrial wastewater treatment chemical manufacturers.

• Published: December 2021

Industrial Automation Companies - ABB (Switzerland) and Emerson Electric Co. (US) are the Key Players

The industrial automation market in the Europe, Middle East and Africa was valued at USD 35.3 billion in 2020 and is projected to reach USD 51.4 billion by 2026; it is expected to register a CAGR of 7.1% from 2021 to 2026. The growth of the market is attributed to the growing demand for real-time data analysis across geographies and increasing adoption of latest technology across the end-use industries to improve performance. The major driving factor for the industrial automation market is the increasing demand for real-time data analysis and proactive maintenance, which would enable manufacturers to obtain better visibility of the manufacturing plant and, therefore, enhance efficiency. Also, increase in emphasis on predictive maintenance and asset management solutions, which would provide better visibility to users regarding condition of equipment, is fueling their demand.

• Published: December 2021

Becton, Dickinson and Company (US) and Quidel Corporation (US) are Leading Players in the Virology Specimen Collection Market

The global virology specimen collection market is projected to reach USD 5.4 billion by 2026 from USD 5.6 billion in 2021, at a CAGR of -0.6% during the forecast period. Growth in this market is mainly driven by the increasing prevalence of human papillomavirus (HPV) and cervical cancer, the growing number of blood donations, and the rising prevalence of viral diseases.

• Published: December 2021

Silicon Photomultiplier Companies - ON Semiconductor (US) and Broadcom (US) are the Key Players

The silicon photomultiplier market is expected to grow from USD 120 million in 2021 to USD 173 million by 2026, at a CAGR of 7.6%. The factors such as increasing demand for silicon photomultipliers in medical imaging and growing use of SiPMs in LiDAR and 3D mapping technology—are driving the silicon photomultiplier market.

• Published: December 2021

Hexcel Corporation (U.S), Sumitomo Bakelite Company Limited (Japan) and SI Group Inc. (U.S) are the Key Players in the Phenolic Resin Market

The market size of phenolic resin is estimated at USD 11.7 Billion in 2021 and is projected to reach USD 14.4 Billion by 2026, at a CAGR of 4.3% between 2021 and 2026.

• Published: December 2021

Sonar Systems Companies - Thales Group (France), ATLAS ELEKTRONIK GmbH (Germany) are the Key Players

MarketsandMarkets: The Sonar System Market is estimated to be USD 5.9 Billion in 2021 and is projected to reach USD 6.5 Billion by 2026, at a CAGR of 1.8% from 2021 to 2026. The market is driven by factors such as deployment of new & advanced sonar systems like 3D sonar, sonobuoys, dipping sonar, towed array sonar, etc.

• Published: December 2021

Georg Fischer (Switzerland) and Advanced Drainage Systems (US) are the Major Players in the Thermoplastic Pipe Market

The thermoplastic pipe market is expected to grow from an estimated USD 2.7 billion in 2021 to USD 3.3 billion by 2026, at a CAGR of 4.5% during the forecast period. The increasing application of thermoplastic composite pipes and reinforced thermoplastic pipes in offshore and onshore production activities is the main driver for the thermoplastic pipe market. The growing deep and ultra-deepwater oil & gas exploration and production activities are expected to provide lucrative opportunities for the thermoplastic pipe market during the forecast period

• Published: December 2021

SATCOM on the Move Companies - Thales Group (France) and L3Harris Technologies (US)) are the Key Players

The SATCOM on the move market is projected to grow from USD 17.7 Billion in 2021 to USD 42.8 Billion by 2026, at a CAGR of 19.3%. SATCOM 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 communications 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 SATCOM-on-the-move antennas.

• Published: December 2021

Traffic Sensor Companies - EFKON (Austria), Siemens (US), are the Key Players

The Traffic Sensor Market is estimated to be valued at USD 566 million in 2021 and reach USD 809 million by 2026, at a CAGR of 7.4%.

The growing need for real-time information system, and government initiative to upgrade transport infrastructure are the key factors driving the growth of the market. Likewise, Growth in cycling infrastructure leading to higher adoption of bicycle counting sensors in traffic sensor market are expected to create lucrative opportunities for the players in the traffic sensor market. However, high cost and fulfilment of fundamental requirements for the installation of nonintrusive sensors are expected to restraint market growth.

• Published: December 2021

Aerospace Robotics Companies - Kuka AG (Germany), ABB Group (Switzerland) are the Key Players

The Aerospace Robotics Market is estimated at USD 2.9 Billion in 2021 and is projected to reach USD 4.9 Billion by 2026, at a CAGR of 11.4% from 2021 to 2026. The aerospace robotics market is growing at a significant rate across the world, and a similar trend is expected to be observed during the forecast period. . Increase in global aircraft demand and manufacturing, increasing use of robots for efficient aircraft production processes, growing use of robotics to handle aircraft orders backlog, increasing manual labor cost are fueling the growth of the aerospace robotics market.

• Published: December 2021

AkzoNobel (Netherlands) and PPG (US) are the Key Players in the COVID-19 Impact On Paints & Coatings Market

The global paints & coatings market size during this pandemic is projected to decline from USD 147.2 billion in 2020 to USD 179.5 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 4.0% during the forecast period. Paints & coatings industry is impacted by the shortage of raw materials, disruption in the supply chain, lower demand from professional architecture, automotive and aerospace industries due to lockdown, travel restriction, and halt in production. However, post covid-19 the construction industry is expected to grow rapidly, particularly in the emerging markets of Asia Pacific along with other industrial sectors such as automotive, general industries, etc. driving demand for paints & coatings.

• Published: December 2021

Market Leader – Abbott Laboratories and Amway are focusing on expanding their business to consolidate their position in the Market

The global meal replacement market size is estimated to be valued at USD 11.9 billion in 2021 and is projected to reach USD 15.5 billion by 2026, recording a CAGR of 5.4% during the forecast period in terms of value. The demand for meal replacement products is attributed to increasing prevalence of obesity and diabetes coupled with the increasing population of health-conscious consumers and changing consumer lifestyle and availability of convenient nutritious meal in the form of meal replacement.

• Published: December 2021

Market Leadership - VVT & Start-Stop System Market

The automotive VVT & start-stop system market is projected to grow at a CAGR of 5.7%, reaching USD 58.8 billion by 2027 from USD 42.3 billion from 2021. The growth of the market is primarily driven by the increased demand for fuel efficient vehicles. Stringent emission norms and the adoption of alternative fuel vehicles are expected to increase the demand for VVT & start-stop systems in the European and Asian countries.

• Published: November 2021

Aerospace 3D Printing Companies - EOS GMBH and 3D SYSTEMS, INC. are the Key Players

The global market for aerospace 3D printing is estimated to be USD 1.9 billion in 2021 and is projected to reach USD 4.7 billion by 2026, at a CAGR of 19.4% during the forecast period. The demand for aerospace 3D printing is projected to be driven by the low volume production of aircraft components in the aerospace industry, rising demand for lightweight components, the need to reduce the production time of components, and the requirement for cost-efficient and sustainable products. The requirement for rapid prototyping is expected to fuel the growth of the aerospace 3D printing market during the forecast period.

• Published: November 2021

Precision-Guided Munition Companies - Lockheed Martin Corporation (US) and RTX (US) are the Key Players

The precision-guided munitions market is estimated to be USD 37.24 billion in 2025 and is projected to reach USD 49.71 billion by 2030, at a CAGR of 5.9%. The precision-guided munitions (PGM) market is projected to reach significant value by 2030, driven by a compound annual growth rate fueled by evolving operational requirements. Key growth drivers include increasing demand for precision strike capabilities on modern battlefields, the integration of electric and hybrid power systems, and the rising deployment of autonomous and unmanned combat platforms.

• Published: November 2021

Mondi Group (UK) and International Paper (US) are Leading Players in the Paper and Paperboard Packaging Market

The market for paper & paperboard packaging market was USD 379.9 billion in 2024, and it is projected to reach USD 451.8 billion by 2030, at a CAGR of 2.9 %.

• Published: November 2021

Berry Global Inc. (US) and CCL Industries Inc. (Canada) are leading players in Stretch Sleeve & Shrink Sleeve Labels Market

The stretch sleeve & shrink sleeve labels market size is projected to grow from USD 14.4 billion in 2021 to USD 18.9 billion by 2026, at a CAGR of 5.6%, between 2021 and 2026. Shrink sleeve is a relatively new form of label that is gaining popularity in many industries for product packaging. On a digital or flexographic press, manufacturers produce shrink sleeves with text on the inside. The sleeve is then put over a container and heated to tighten it around it (heat-shrunk). The label then adheres to the container's surface. Stretch sleeve labels, often known as stretch labels, offer environmental benefits with excellent print quality. They also ensure better production chain efficiency due to reduced machine investment and minimum residual waste. A single machine replaces the complete production chain.

• Published: November 2021

F. Hoffmann-La Roche Ltd. (Switzerland), Abbott Laboratories (US) and Siemens Healthineers (Germany) are leading players in Hepatitis Testing/Diagnosis Market

The global hepatitis testing market is projected to reach USD 3.6 billion by 2026 from USD 2.8 billion in 2021, at a CAGR of 4.7% during the forecast period. The growth of the global hepatitis testing market is being driven by factors such as the high burden of hepatitis, increasing blood transfusion and donations, benefits of POC instruments and kits, and awareness initiatives on hepatitis. High cost of nucleic acid tests, lack of mandates for nucleic acid tests in developing countries and unfavorable reimbursement scenarios are expected to restrain hepatitis market growth. Emerging markets, rising technological advancements in molecular diagnostics, and growth in the biotechnology and biopharmaceutical industries are expected to offer strong growth opportunities for players in the market. In contrast, changing regulatory landscape, opertationsla barriers and shortage of skilled professionals may challenge market growth to a certain extent. The hepatitis testing market is segmented based on disease type, technology, end user, and region.

• Published: November 2021

Ethicon, Inc. (US) and 3M (US) are the Key Players in the Medical Adhesives Market

The Medical adhesive market is projected to grow from USD 8.8 billion in 2021 to USD 12.3 billion by 2026, at a CAGR of 7.0% between 2021 and 2026. North America is estimated to be the largest consumer of Medical adhesives. The global Medical adhesives market is driven by the growing demand for cyanoacrylate-based tissue adhesives.

• Published: November 2021

Ingersoll Rand (US) and Atlas Copco (Sweden) are Leading Players in the Liquid Ring Compressors Market

The liquid ring compressors market size was USD 240 million in 2020 and is projected to reach USD 337 million by 2026; it is expected to grow at a CAGR of 5.8% from 2021 to 2026, owing to rising gas transportation sector. The oil & gas segment is the biggest application for liquid ring compressors. The growing investments in the crude oil industry is expected to drive the use of liquid ring compressors.

• Published: November 2021

Armacell (Germany) and JSP (Japan) are the Key Players in the Polyethylene (PE) Foams Market

The global polyethylene foams market is projected to grow from USD 3.6 billion in 2021 and is projected to reach USD 4.8 billion by 2026, at a CAGR of 6.0%, between 2021 and 2026 period. The driving factor for the Polyethylene foams market are high growth in protective packaging and automotive industries. APAC, South America, and the Middle East & Africa are the fastest-growing segments of the polyethylene foams market for protective packaging applications. This is due to ongoing investments in infrastructural development, increasing urbanization, and rising standards of living in these regions.

• Published: November 2021

NEC (Japan) and Ericsson (Sweden) are leading players in Telecom Service Assurance Market

MarketsandMarkets forecasts the global Telecom service assurance Market size to grow from USD 6.5 billion in 2021 to USD 10.4 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 9.9% during the forecast period. The presence of various key players in the ecosystem has led to competitive and diverse market. Automation appears to be crucial for CSPs who engage in digital transformation, including 5G, enabled by Software Defined Networking (SDN) and Network Functions Virtualization (NFV). To avoid customer churn and financial implications, it is required to detect and remediate network or performance issues not only at the network operations level but also at service and customer satisfaction levels. CSPs tend to fulfill orders on time and provide efficient and cost-effective services. Apart from managing orders efficiently, service assurance solution providers help telecommunication providers, internet service providers, and similar vendor companies with the capability to find the faults that take place while delivering any service, network management, and workforce automation.

• Published: November 2021

Market Leader - Blockchain Devices Market

The blockchain devices market is expected to grow from USD 482 million in 2021 to USD 2,459 million by 2026, at a CAGR of 38.5% during the forecast period. Decentralized structure and various other attributes associated with blockchain technology is expected to drive the blockchain devices market. Blockchain devices, for instance, hardware wallets, offer multiple security measures such as firmware verification, protected key operations (requirement of an authentic PIN for all operations), protected bootloader, and security updates. Rapid development of blockchain technology in retail & supply chain management applications are facilitating the growth of blockchain devices market. Several stakeholders in the supply chain management industry have begun to use blockchain technology to improve transparency and efficiency in their business operations, as well as to improve the delivery phase. Also, growth in cryptocurrency market capitalization and initial coin offering (ICO) is one of the main drivers for the blockchain devices market.

• Published: November 2021

Polyplastics Co., Ltd (Japan), Celanese Corporation (U.S.) are Leading Players in the Liquid Crystal Polymers Market

The liquid crystal polymers market is projected to reach USD 1.8 billion by 2026, at a CAGR of 8.2% from USD 1.2 billion in 2021.

• Published: November 2021

Ingersoll Rand (US) and Atlas Copco (Sweden) are Leading Players in the Liquid Ring Vacuum Pumps Market

The liquid ring vacuum pumps market size is estimated to be USD 1,082 million in 2021 and is projected to reach USD 1,412 million by 2026; it is expected to grow at a CAGR of 5.5% from 2021 to 2026, owing to rising gas transportation sector. The oil & gas segment is the biggest application for liquid ring vacuum pumps. The growing investments in the crude oil industry is expected to drive the use of liquid ring vacuum pumps.

• Published: November 2021

Market Leader - Smart Diapers Market

The Smart diapers market is estimated to be USD 646 million in 2021 and is projected to reach USD 1,531 million by 2026, at a CAGR of 18.8% from 2021 to 2026. Increasing geriatric population across the globe and growing awareness towards personal hygiene and skin health are the key factors driving the growth of the Smart Diapers market.

• Published: November 2021

Trelleborg AB (Sweden) and Freudenberg Group (Germany) are leading players in Pharmaceutical Processing Seals Market

The market size of pharmaceutical processing seals is estimated at USD 2.1 billion in 2021 and is projected to reach USD 3.3 billion by 2026, at a CAGR of 10.0% between 2021 and 2026.

• Published: November 2021

Market Leader - Dairy Ingredients Market

The dairy ingredients market is projected to reach USD 89.9 billion by 2026, at a CAGR of 7.2% from 2021. The growing demand for nutritious food among consumers is driving the market. Due to various properties, such as emulsification and heat stability, dairy ingredients find various applications in different food and beverage applications.

• Published: November 2021

Space Situational Awareness Companies - L3Harris Technologies (US), Lockheed Martin Corporation (US) are the Key Players

The Space Situational Awareness Market is projected to grow from USD 1.5 Billion in 2021 to USD 1.8 Billion by 2026, at a CAGR of 4.6%. Space situational awareness refers to the tracking and surveillance of objects in the earth’s orbit, monitoring space weather conditions, and tracking & detecting near-earth objects to mitigate or reduce the hazards of a collision. It also includes the monitoring of distinct activities carried out by different countries and object characterization, in terms of speed and type, to identify threats posed to the security of different nations. The growth of the space situational awareness market can be attributed to factors such as the growing congestion of objects in space and the focus of government agencies and private entities on space situational awareness.

• Published: November 2021

Aircraft Insulation Companies - DuPont (US) and BASF SE (Germany) are the Key Players

The global aircraft insulation market size is projected to grow from USD 5.5 billion in 2021 to USD 8.2 billion by 2026, at a CAGR of 8.3% from 2021 to 2026. The market is driven by various factors, such as increase in demand for lightweight materials, introduction of advanced acoustic and fire resistant materials resulting in safer operations of aircraft, declining cost of composite materials, and increasing demand for military helicopters.

• Published: November 2021

Recovering construction market after the COVID pandemic to drive the Energy-efficient Windows Market

The global energy-efficient windows market size is expected to grow from USD 13.1 billion in 2021 to USD 18.3 billion by 2026, at a CAGR of 7.0% during the forecast period. Energy-efficient window is majorly used in the non-residential sector. The increasing demand for new corporate offices, schools and other public buildings is driving the market. Due to the outbreak of COVID-19, the construction industry was heavily affected and saw a great fall but is eying an upward turn with the passing of 2021. The construction industry is gaining traction with relaxation in lockdown restrictions and production halts. The global construction market is projected to grow at a rate of 6.02% from 2020 to 2024. In APAC, it is expected that 120 million square feet of office space will be built each year till 2024. This will entail huge demand for energy-efficient windows in the region

• Published: November 2021

Foremost Companies in the Western Blotting Market: Bio-Rad Laboratories, Inc. (US) and Thermo Fisher Scientific (US)

The global western blotting market is projected to reach USD 1.4 billion by 2026 from USD 1.0 billion in 2021, at a CAGR of 6.7% during the forecast period. Technological advancements, increasing government funding in the field of biomedical research, growing demand for personalized medicine, and the rising prevalence of HIV are the key factors driving the market growth.

• Published: November 2021

Fiber Optics Collimating Companies - AMS Technologies AG and IPG Photonics Corporation are the Key Players

The fiber-optic collimating lens market is estimated to be valued at USD 554 million in 2021 and is expected to reach USD 1,018 million by 2026; it is anticipated to grow at a CAGR of 13.3% during the forecast period. The market growth is attributed to the benefits of using aspheric lenses over traditional spherical lenses in optics systems.

• Published: November 2021

Oracle (US) and Trustwave (US) are leading players in Database Security Market

The global Database Security market size is expected to grow from USD 6.3 billion in 2021 to USD 11.5 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 12.6% from 2021 to 2026. Database Security helps in performing various functions such as safeguarding databases from security breaches and hacking activities, put a stop to attacks such as malware contagious files, and other infections that are possible for unsecure database systems, protection for the server systems from any substantial harm that might result in the failure in data processing or data retrieval, etc.

• Published: November 2021

Market Leader - Automotive Fuel Tank Market

The automotive fuel tank market is estimated to be USD 16.6 billion in 2021 and is projected to reach USD 21.3 billion units by 2026, at a CAGR of 5.1%. The key growth drivers for the market are the need for lightweight vehicles for achieving zero greenhouse gas emissions, better fuel efficiency, longer driving range, and continuous investments and R&D activities by OEMs, fuel tank manufacturers, and governments toward the development of lightweight fuel tanks.

• Published: November 2021

Market Leader - Medical Exoskeleton Market

The global medical exoskeleton market size is estimated to be USD 1.0 billion by 2026, from USD 0.2 billion in 2021, at a CAGR of 45.0%. The growth of this market is mainly driven by factors such as the increasing number of people with physical disabilities and subsequent growth in the demand for effective rehabilitation approaches; agreements and collaborations among companies and research organizations for the development of the exoskeleton technology, and increasing insurance coverage for medical exoskeletons in several countries driving the growth of the medical exoskeleton market. However, the high cost of medical exoskeletons may restrict market growth to a certain extent.

• Published: November 2021

Fiber Optic Cables Companies - Amphenol fsi (US) and Carlisle Interconnect Technologies (US) are the Key Players

The fiber optic cables market for military & aerospace size is projected to grow from USD 1.2 billion in 2021 to USD 1.5 billion by 2026, at a CAGR of 5.1% from 2021 to 2026. The market is driven by factors such as deployment of fiber optics based defence communication systems by different national defence organizations, development of advanced avionics, introduction of new fiber optics based systems, etc.

• Published: November 2021

Air Handling Units Companies - Daikin Industries Ltd. (Japan), Carrier Corporation (US) and Johnson Controls International plc (Ireland) are leading players in Air Handling Units Market

The global air handling units market is anticipated to grow from USD 11.6 billion in 2021 to USD 15.9 billion by 2026, at a CAGR of 6.5% from 2021 to 2026. This growth can be attributed to the increasing demand for air handling units from the application sectors such as commercial buildings, industries, hospitals, universities, data centers, laboratories, and server rooms.

• Published: November 2021