Research Insight

IBM (US) and Royal Phillips (Netherlands) are Leading Players in the Covid-19 Impact on Internet of Things (IoT) Market

The global impact of COVID-19 on Internet Of Things market size is expected to grow from USD 150 billion in 2019 to USD 243 billion by 2021, at a Compound Annual Growth Rate (CAGR) of 13.7% during the forecast period. The major factors driving the market growth include increasing focus on remote monitoring for “work from home” initiative, increasing adoption of smart payment technologies to minimize human contact involved in cash payments, and growing demand for wearable devices.

• Published: April 2020

Impossible Foods (US) and Beyond Meat (US) are the Key Players in the COVID-19 Impact on the Plant-Based Meat Market

The global plant-based meat market size is projected to grow from USD 3.6 billion in 2020 to USD 4.2 billion by 2021 by value, recording a compound annual growth rate (CAGR) of 17.0% in the realistic scenario during the forecast period. The fear of an increasing number of animal-borne illnesses such as COVID-19 among consumers, rising vegan population, and consumers awareness regarding nutritional benefits offered by plant-based sources of meat are the factors that are projected to drive the growth of the plant-based meat industry. Furthermore, consumers are shifting toward plant-based proteins and healthier lifestyles, which is also expected to drive the market growth.

• Published: April 2020

Market Leaders - COVID-19 Impact on Ride Sharing Market

Post COVID-19, the global ride sharing market size is projected to grow from USD 75.39 billion in 2020 to USD 117.34 billion by 2021, at a Y-O-Y of 55.6% during the forecast period. The projection for 2021 is estimated to be down by 2% as compared to pre-COVID-19 estimation.

• Published: April 2020

Market Leadership - COVID-19 Impact on 5G Infrastructure Market

Post COVID-19, the 5G Infrastructure market is estimated to grow from USD 12.6 billion in 2020 and projected to reach USD 44.9 billion by 2025, at a CAGR of 28.97%. The projection for 2025 is estimated to be down by 22.79% as compared to pre COVID-19 estimation. The major factors driving the growth of the global 5G infrastructure market is the need for high data transfer speed with low latency, increasing adoption of IoT devices, rising implementation of automation technologies across the end-user industries, and exponential rise in data traffic.

• Published: April 2020

Emerson Electric Co. and ABB Ltd. are Leading Players in the COVID-19 Impact on Smart Manufacturing Market

Post COVID-19, the global smart manufacturing market size is estimated to grow from USD 181.3 billion in 2020 and projected to reach USD  220.4  billion by 2025, at a CAGR of 4.0%. The estimation for 2020 is down by ~16% as compared to the pre-COVID-19 estimate.

• Published: April 2020

Salesforce (US) and Appian (US) are the Key Players in the Low-Code Development Platform Market

The low-code development platform market is projected to grow from USD 13.2 billion in 2020 to USD 45.5 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 28.1% during the forecast period. The increasing need of digitalization and maturity of agile DevOps practices are expected to enhance the use of low-code development platform market across the globe.

• Published: April 2020

Market Leadership - COVID-19 Impact on Industrial Robotics Market

Post COVID-19, the global traditional industrial robotics market size is projected to grow from USD 44.6 billion in 2020 to USD 73.0 billion by 2025 and is expected to grow at a CAGR of 10.4% from 2020 to 2025. The projection for 2025 is estimated to be down by ~3% as compared to pre-COVID-19 estimation.

• Published: April 2020

Market Leadership - COVID-19 Impact on Smart Lighting Market

Post COVID-19, the global smart lighting market size is estimated to grow from USD 9.4 billion in 2020 and projected to reach USD 24.2 billion by 2025, at a CAGR of 20.9%. The projection for 2025 is estimated to be down by 21% as compared to pre-COVID-19 estimation.

• Published: April 2020

Monaghan Mushrooms (Ireland) and Walsh Mushrooms Group (Ireland) are the Key Players in the Mushroom Cultivation Market

The mushroom cultivation market is estimated to account for a value of USD 16.7 billion in 2020 and is projected to grow at a CAGR of 4.0% from 2020, to reach a value of USD 20.4 billion by 2025. The global mushroom cultivation market is projected to witness significant growth due to factors such as the multiple health benefits of mushrooms, increasing per capita mushroom consumption, cost-effective production and rising demand for vegan and natural food in the diet and increasing health-conscious population across the globe.

• Published: April 2020

Foremost Companies in the Depth Filtration Market: Danaher Corporation (US) and Merck KGaA (Germany)

The global depth filtration market is estimated to grow from USD 1.7 billion in 2019 to USD 2.9 billion by 2025, at a CAGR of 9.0% during the forecast period. The growth of this market is largely driven by factors such as increasing adoption of single-use technologies, focus on developing large-molecule biopharmaceuticals, and advantages such as low cost and ease of use are driving the adoption of depth filters. However, the requirement of high capital investments for setting up production facilities is expected to hamper the growth of the depth filtration market.

• Published: April 2020

Smart Greenhouse Companies - Nexus Corporation (Nexus, US), Argus Control Systems Limited (Argus Controls, Canada) are the Key Players

The smart greenhouse market is projected to reach USD 2.1 billion by 2025 from USD 1.4 billion in 2020; it is expected to grow at a CAGR of 9.2% from 2020 to 2025. The smart greenhouse market in APAC is projected to grow at the highest CAGR during the forecast period. The growth of the market in APAC can be attributed to the continuously increasing population of the region, thereby leading to rising demand for food. This has led to an increase in the adoption of advanced technologies such as smart greenhouses to enable the supply of fresh fruits and vegetables throughout the year. The growers in China have also introduced advanced growing techniques such as controlled-environment agriculture (CEA) and hydroponics to increase their yields. Moreover, high pressure to improve agricultural yields with limited available resources and increased requirements to protect crops from unexpected climatic changes are also expected to increase the adoption of smart greenhouses in APAC during the forecast period.

• Published: April 2020

Expansion, Product Launches, and Acquisitions are the Key Development Strategies Adopted by the Leading Players for the Growth of the Global Phenolic Panel Market

Phenolic panels are used in the interior, exterior, furniture, and various other applications of end-use industries, such as construction, marine, aerospace & defense, and transportation, to name a few. The main purpose of these phenolic panels is to offer fire-resistance and moisture-resistance properties. For instance, phenolic panels are used in the exterior cladding, partitions, cubicles, and other applications to prevent fire accidents. The global phenolic panel market size was USD 1.7 billion in 2020 and is projected to reach 2.4 billion by 2025, registering a growth of 6.5%.

• Published: April 2020

Market Leader - Lycopene Market

The lycopene market is estimated to be valued at USD 126 million in 2020 and is projected to reach USD 161 million by 2025, at a CAGR of 5.0% during the forecast period. The increasing number of benefits offered by lycopene in preventive healthcare and its rising applications in an array of industries across the globe is projected to exponentially grow the lycopene market in the coming years.

• Published: April 2020

Armacell (Germany) and Kingspan Group Plc (Ireland) are the Key Players in the Refrigeration Insulation Materials Market

The refrigeration insulation material market size is projected to reach USD 4.8 billion by 2025 from USD 3.6 billion in 2020, at a CAGR of 6.0% between 2020 and 2025. Growing demand for both refrigeration equipment for industrial and commercial sectors has put a significant impact on the market. The global population is growing at 1.1% each year, and the industrial activity grew by 3.2% in 2017, as per OECD. These factors have had a significant influence on the global industrial production, which has boosted the market for refrigeration insulation materials. The demand for food is also growing along with growing population. This raises the importance of food preservation and food security, further giving a boost to the refrigeration insulation market

• Published: April 2020

Market Leader - Fresh Food Packaging Market

The global fresh food packaging market size is projected to grow from USD 79.8 billion in 2020 to USD 95.2 billion by 2025, at a CAGR of 3.5% between 2020 and 2025. The major driving factors of the market include growing demand for convenience food items and innovative packaging solutions for extended shelf life of fresh food items.

• Published: April 2020

Johnson Controls (Ireland) and Honeywell (US) are Leading Players in the Fire Protection System Market

Fire protection systems are a set of connected devices or systems that are used to prevent fire accidents. These systems also reduce the impact of uncontrolled fires, thus saving lives and property. Fire protection systems comprise fire detection, fire suppression, fire sprinkler, fire analysis, and fire response systems that are required in emergencies.

• Published: April 2020

Market Leader - Eco-friendly Food Packaging Market

According to MarketsandMarkets, the eco-friendly food packaging market is estimated to be valued at USD 163.6 billion in 2019 and is projected to reach USD 249.5 billion by 2025, recording a CAGR of 7.4% in terms of value. In terms of volume, the market is estimated to be valued at 1,006.1 MMT in 2019 and is projected to grow at a CAGR of 6.5% during the forecast period to reach 1,462.8 MMT. Stringent government regulations and consumer awareness about the hazards of using single-use plastic products for food packaging are boosting the growth of the eco-friendly food packaging market globally.

• Published: April 2020

Amdocs (US) and TCS (India) are leading players in Revenue Assurance Market

The revenue assurance market size is projected to grow from USD 512 million in 2020 to USD 782 million by 2025, at a Compound Annual Growth Rate (CAGR) of 8.9% during the forecast period. Major factors driving the growth of the revenue assurance market include the rise in the internet penetration, an increase in the generation of transaction data, development of SMEs offering digital solutions for service delivery, rise of subscription-based business models, and adoption of advanced technologies, such as big data, ML, and IoT.

• Published: April 2020

Adobe (US) and Microsoft (US) are Leading Players in the Customer Analytics Market

The customer analytics market size is projected to grow from USD 10.5 billion in 2020 to USD 24.2 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 18.2% during the forecast period. The major factors driving the growth of customer analytics market include the need to understand customer buying behavior for a more personalized customer experience and advent of technologies, such as Artificial Intelligence (AI), Machine Learning (ML), and business process automation to streamline marketing operations.

• Published: April 2020

Thermal Printing Companies - Zebra Technologies (US) and SATO Holdings (Japan) are the Key Players

Thermal printing is a process in which heat is used to produce an image or print on the paper. This technology does not make use of ink or toner, unlike many other printing forms, but mostly depends on thermal papers for producing images. The thermal printing market is expected to grow from USD 43.2 billion in 2020 to USD 53.5 billion by 2025; it is expected to grow at a CAGR of 4.4% during the forecast period. Retail, transportation & logistics, manufacturing & industrial, and healthcare & hospitality are the key applications, which dominate the thermal printing market and also contribute significantly to its growth.

• Published: April 2020

New Product Launch Accounted for the Largest Share of all the Strategic Developments that Took Place in the Abrasives Market

The global abrasives market size is projected to grow from USD 46.4 billion in 2020 to USD 58.1 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 4.5% during the forecast year. The growth of this market is attributed to the increasing demand for abrasives in various end-use industries for polishing, grinding, coarse sanding, lacquer sanding, and repair sanding.

• Published: April 2020

Foremost Companies in the Drug Discovery Informatics Market: Jubilant Life Sciences (India) and Charles River Laboratories (US)

The global drug discovery informatics market is projected to reach USD 3.5 billion in 2025 from USD 2.2 billion in 2020, at a CAGR of 9.3% during the forecast period. Market growth is largely driven by factors such as the rising R&D expenditure, growing support for research, especially in the area of rare diseases, and the increasing use of informatics in drug discovery. However, the scarcity of skilled professionals and the high setup cost of informatics software are expected to limit market growth to a certain extent.

• Published: April 2020

Owens Corning (US) and Misapor AG (Switzerland) are the Major Players in the Cellular Glass Market

The global cellular glass market size is projected to reach USD 618 million by 2025 from the estimated USD 520 million in 2020, at a CAGR of 3.5% between 2020 and 2025. High-quality insulation for industrial purposes and protection against fire and long life are the driving factors for the growth of the cellular glass industry. The fragility of cellular glass, along with its susceptibility to vibration-induced damage and the lack of marketing, hamper the growth of the cellular glass market. However, environmental regulations and new application areas are projected to boost the demand for cellular glass in the coming years. However, the high cost of cellular glass and lack of awareness on the benefits of cellular glass is the challenging factors in the market.

• Published: April 2020

Expansions, product launch, and acquisition are the key development strategies adopted by the leading players for the growth of the Rubber Repair Adhesives Market

Rubber repair adhesives are used in conveyor belts, tanks & vessels, pipes & fittings, and other applications in end-use industries, such as cement & aggregate, mining & quarrying, and steel. The primary purpose of these adhesives is to offer effective repairing solutions.  For instance, conveyor belts are used to transport heavy volumes of materials, such as stone, coal, sand, and ore. Thus, with the passage of time, conveyors belts become more susceptible to wear & tear. This creates a need for the repair of damaged conveyor belts. The global market size of rubber repair adhesives was USD 291 million in 2020 and is projected to reach 354 million by 2025, registering a growth of 4.0%.

• Published: April 2020

Hi-Fi System Companies - Samsung Electronics Co. (South Korea) and Sony Corporation (Japan) are the Key Players

The Hi-Fi system market is expected to grow from USD 13.6 billion in 2020 to USD 17.5 billion by 2025, at a CAGR of 5.2%. Innovations in wireless audio technology have proved to be a significant factor driving the demand for Hi-Fi systems in different applications. The Hi-Fi system market in APAC is expected to grow at the highest CAGR during the forecast period owing to the vast customer base and increasing purchasing power of consumers in this region.

• Published: April 2020

SolarWinds (US) and Micro Focus (UK) are leading players in Security Information and Event Management Market

The global Security Information and Event Management (SIEM) market size is expected to grow from USD 4.2 billion in 2020 to USD 5.5 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 5.5% during the forecast period. SIEM can be deployed on-premises as well as on cloud as per business requirements. The on-premises deployment mode allows organizations to control all the systems and data, but they also must pay the cost for hardware, software, and other resources used for its maintenance. It also restricts the storage capacity that is needed to maintain new functionalities and technologies. Cloud-based deployment benefits organizations with increased scalability, speed, 24/7 services, and improved Information Technology (IT) security. The demand for Software-as-a-Service (SaaS)-based security solutions is rapidly increasing, as the central delivery model meets the IT security needs. Owing to the increasing number of applications being deployed over the cloud, there is a shift from traditional on-premises SIEM solutions to cloud-based SIEM solutions across large enterprises and SMEs.

• Published: April 2020

Hologic, Inc. (US) and GE Healthcare (US) are Leading Players in the Breast Imaging Market

The global breast imaging market is projected to reach USD 5.4 billion by 2025 from USD 3.7 billion in 2020, at a CAGR of 8.1%. The factors driving the growth of the market are rising prevalence of breast cancer, technological advancements in breast imaging modalities, increasing government investments and funding for breast cancer treatment and related research, and growing aging population and awareness regarding breast cancer. However, factors such as errors in breast cancer screening and diagnosis, side effects of radiation exposure, and growing adoption of refurbished imaging systems are the key challenges faced by the market players.

• Published: April 2020

John Deere (US) and CNH Industrial (UK) are the Key Players in the Farm Equipment Rental Market

The global farm equipment rental market is estimated to account for a value of USD 46.8 billion in 2020 and is projected to grow at a CAGR of 7.3% from 2020, to reach a value of USD 66.4 billion by 2025. The growth of the farm equipment rental market driven by factors such as shortage of skilled labor and an increase in mechanization in developing countries, rising demand for productivity and operational efficiency, and limited availability of arable land. The increasing government subsidies for farming equipment further provide open opportunities for growth of the farm equipment rental market.

• Published: April 2020

CommScope (US) and HPE (US) are leading players in Middle East and Africa (MEA) Wi-Fi as a Service (WaaS) Market

The Middle East and Africa (MEA) Wi-Fi as a Service (WaaS) market size is projected to grow from USD 336 million in 2020 to USD 1,094 million by 2025, at a Compound Annual Growth Rate (CAGR) of 26.6% during the forecast period. Major factors driving the growth of the MEA WaaS market include the adoption of smartphones and Internet of Things (IoT) devices across enterprises and the proliferation of digital transformation across major industry verticals.

• Published: April 2020

Foremost Companies in the High-performance Liquid Chromatography (HPLC) Market: Waters Corporation, Agilent Technologies, and Shimadzu Corporation

The global HPLC market size is projected to reach USD 5.7 billion by 2025 from USD 4.5billion in 2020, at a CAGR of 4.6% during the forecast period. The growth in this market is driven byhigh sensitivity and accuracy of the HPLC technique, the growing importance of HPLC tests in drug approvals,the rising popularity of hyphenated techniques, and increasing pharmaceutical R&D spending. However, the high cost of HPLC systems is expected to restrict market growth to a certain extent. A dearth of trained resources may also challenge market growth in the coming years.

• Published: April 2020

New Product Launches are the Key Strategy Adopted by the Major Players in the Commercial Vehicle & Off-Highway Radar Market

The commercial vehicle and off-highway radar market is projected to grow from USD 153 million in 2020 to USD 831 million by 2027, at a CAGR of 27.4 % during the forecast period. The increasing market for the radars for commercial and off-highway vehicles can be attributed to the growing safety concern about the road traffic accidents among the public and various governments across the globe. As per NHTSA, 4,761 people were killed in the US in the year 2017, which involved large trucks. These stats have created massive concern among the public and especially government across various countries, for which various they have mandated the installing of various ADAS features in new vehicles.

• Published: April 2020

Amcor PLC (Australia) and Berry Global Inc. (US) are Leading Company in the Retort Packaging Market

The global retort packaging market size is projected to grow from USD 3.5 billion in 2020 to USD 4.5 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 5.1% during the forecast year. The growth of this market is attributed to the growing demand for convenient food packaging from consumers due to their fast-paced lifestyle and growing per capita income.

• Published: March 2020

PeroxyChem (US) and United Initiators (Germany) are the Leading Players in the Persulfates Market

The global persulfates market size was USD 730 million in 2020 and is projected to reach USD 861 million by 2025, at a CAGR of 3.4% between 2020 and 2025. APAC accounted for the largest share of the persulfates industry globally. Persulfates, due to its oxidizing properties, are widely used in various end-use industries, such as electronics, polymer, water treatment, cosmetics & personal care, and pulp, paper & textiles. There are three main types of persulfates: ammonium, potassium, and sodium. All three persulfates can be used as a substitute for each other.

• Published: March 2020

Market Leadership - Smart Badge Market

The global smart badge market size is projected to grow from USD 21.1 billion in 2020 to USD 33.8 billion by 2025; it is expected to grow at a CAGR of 9.9% from 2020 to 2025. The growth of the market is driven benefits such as multifunctionality and flexibility offered by smart badges, rise in demand for wearable access control devices for security management, and increase in the adoption of smart badges with contactless interfaces. Conversely, factors such as the proliferation of digital IDs and the lack of standardization and consumer awareness act as barriers to the growth of the market.

• Published: March 2020

Market Leaders - Automotive Shielding Market

The global automotive shielding market size is projected to grow at a CAGR of 4.1% during the forecast period, to reach USD 24.7 billion by 2025. The key growth drivers for the market are increasing demand for fuel-efficient vehicles due to stringent fuel efficiency regulations and the rapid adoption of electrical and electronic components in vehicles.

• Published: March 2020

Elantas (Germany) and Axalta Coating Systems (US) are the Key Players in the Impregnating Resins Market

The impregnating resins market size is projected to grow from USD 1.4 billion in 2020 to USD 1.9 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 6.5% during the forecast period. The major drivers for the impregnating resins market include a rapidly growing population, increasing industrialization and urbanization, increasing electrification in emerging economies, and expansion of the manufacturing sector in emerging economies.

• Published: March 2020

MRO Software Companies - IBM (US) and SAP SE (Germany) are the Key Players

The size of the MRO software market in aviation is expected to grow from USD 6.9 billion in 2020 to USD 8.0 billion by 2025, at a CAGR of 2.9% from 2020 to 2025. The rise in demand for predictive, prescriptive, and condition-based maintenance, and the need to reduce the turnaround time of maintenance operations are some of the major factors driving this market.

• Published: March 2020

Microsoft (US) and SAP (Germany) are leading players in Gamification Market

The gamification market size is projected to grow from USD 9.1 billion in 2020 to USD 30.7 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 27.4% during the forecast period. The major factors driving the growth of the gamification market include rewards and recognition to employees over performance to boost employee engagement, provision of lucrative offers to the customers and consumers, and gamification yielding higher Return on Investment (RoI).

• Published: March 2020

Amcor PLC (Switzerland) and Berry Global Group, Inc. (USA) are Leading Players in the Plastic Films & Sheets Market

The plastic films & sheets market size is projected to reach USD 155.1 billion by 2026 from USD 123.8 billion in 2021, at a CAGR of 4.6% during the forecast period. The overall increase in demand for plastic films & sheets in emerging regions such as APAC, South America, and Middle East & Africa is driving the global plastic films & sheets market. The growing agriculture sector provides an opportunity for the growth of plastic films & sheets market. The rising demand for specialty films is also expected to drive the market growth of plastic films.

• Published: March 2020

SAP (Germany) and Microsoft (US) are Leading Players in the Cloud Applications Market

MarketsandMarkets expects the cloud applications market to grow from USD 171 billion in 2020 to USD 356 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 15.8% during the forecast period. The growing number of investments in digitization and awareness of benefits such as scalability, agility, and cost-effectiveness are expected to spur the demand for cloud applications across the globe.

• Published: March 2020

Ingenico (France) and Wirecard (Germany) are leading players in Contactless Payment Market

The global contactless payment market size is expected to grow from USD 10.3 billion in 2020 to USD 18.0 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 11.7% during the forecast period. The major advantage offered by contactless payments is that customers can instantly complete transactions with the tap of a card. This increases the speed of transactions, making contactless payments even more efficient. With the increasing integration of contactless payment technologies in mobile handsets and smart phones, the demand for contactless payment solutions has grown tremendously across all the countries.

• Published: March 2020

Industrial Radiography Companies - Comet Group (Switzerland) and FUJIFILM Holdings (Japan) are the Key Players

Radiographic testing, better known as industrial radiography, uses short-wavelength electromagnetic radiation to detect the imperfections in a given test object. With the ever-increasing evolution of robotics and automation in industrial manufacturing and allied ancillaries, there is a surge in the demand for equipment that can detect flaws, cracks, and related disorders, thereby ensuring adherence to industrial safety and security norms and reducing the downtime of complex machinery. To stay competitive, companies look toward to radiographic testing to maintain high levels of product quality. The industrial radiography market is estimated to grow from USD 532 million in 2020 to USD 784 million by 2025; growing at a CAGR of 8.1% during the forecast period.

Major Industrial Radiography Companies include: 

• General Electric (U.S.),
• FujiFilm Holdings Corporation (Japan), and
• COMET Group (Switzerland) dominate the industrial radiography market.

• Published: March 2020

Embedded System Companies - Intel (US) and Renesas (Japan) are the Key Players

The embedded system market is projected to grow from USD 86.5 billion in 2020 to USD 116.2 billion by 2025; it is expected to grow at a CAGR of 6.1% from 2020 to 2025. Key factors fueling the growth of this market include an increase in the number of research and development activities related to embedded systems, rise in demand for advanced driver-assistance systems (ADAS) and electromobility solutions for electric vehicles and hybrid vehicles, increase in demand for portable devices such as wearables, and rise in the use of multicore processors in military applications.

• Published: March 2020

Becton, Dickinson and Company (US),Baxter International (US) and B. Braun (Germany) are the Key Players in the Infusion Pump Market

Becton, Dickinson and Company (US), Baxter International (US), B. Braun Melsungen (Germany), ICU Medical (US), Fresenius Kabi (Germany), and Smiths Medical (US) are the leading players in the infusion pumps market. The global infusion pumps market size is projected to reach USD 18.9 billion by 2025 from USD 13.5 billion in 2020, at a CAGR of 7.0% during the forecast period.

• Published: March 2020

Google (US) and Microsoft (US) are Leading Players in the Cognitive Computing Market

MarketsandMarkets forecasts the global cognitive computing market size to grow from USD 20.5 billion 2020 to 77.5 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 30.5% during the forecast period. The major growth factors of the cognitive computing market include the continuous evolution in the computing environment: cloud, mobile, and analytics, utilizing cognitive abilities to reduce excess operational costs, increasing demand for intelligent business processes.

• Published: March 2020

Biological Wastewater Treatment Companies - Veolia (France) and Omya AG (Switzerland) are the Key Players in the Biological Wastewater Treatment Market

The biological wastewater treatment market size is estimated to be USD 8.7 billion in 2020 and projected to reach USD 11.1 billion by 2025, at a CAGR of 5.1% from 2020 to 2025. Stringent regulations regarding the disposal of wastewater into the environment or for reuse, aging infrastructure, water scarcity & reusability of wastewater, rapidly growing population and industrialization are major drivers responsible for the growth of the biological wastewater treatment market.

• Published: March 2020

IBM Corporation (US) and SAS Institute Inc. (US) are leading players in Enterprise Data Management Market

The global enterprise data management market is expected to grow from USD 77.9 billion in 2020 to USD 122.9 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 9.5% during the forecast period. Major growth factors for the market include growing need to ensure regulatory compliance that is driven by the new regulations, such as General Data Protection Regulation (GDPR), and need to improve the quality of data to achieve the data-driven decision making.

• Published: March 2020

The Key Development Strategies, Namely Expansions, Contracts, Agreements, New Product Launches, and Acquisitions, are Adopted by Leading Players for Boosting the Growth of the Composite Film Market

Composite films are used in a variety of end-use industries, including aerospace & defense, and automotive, among others. Led by strong end-user demand, the composite film industry is growing at a rapid pace. The global composite film market size is expected to grow from ~USD 245 million in 2020 to ~USD 328 million by 2025, at a Compound Annual Growth Rate (CAGR) of 6.0% during the forecast period.

• Published: March 2020

Autoneum (Switzerland) and Saint-Gobain (France) are the Important Players in the Electric Vehicle Insulation Market

The electric vehicle insulation market size is projected to reach USD 4.2 billion by 2024 from the estimated USD 1.3 billion in 2019, at a CAGR of 26.7% between 2019 and 2024. Massive investments from automakers in electric vehicles, growing concerns over pollution, campaigns for promotion of electric vehicles, favorable government policies and subsidies, and thermal runaway in batteries, are the factors driving the demand for electric vehicle insulation. However, the lack of standardization of charging infrastructure is restraining the growth of the market. On the other hand, the scope for growth of autonomous electric vehicles, and scope for further development of insulation materials for electric vehicles are providing opportunities for the players in the market. The market players are mainly concentrating on expansions, new product launches, acquisitions, investments, new technology development, and joint ventures to meet the growing demand in various applications.

• Published: March 2020

HID Global (US) and AlertEnterprise (US) are leading players in Physical Identity and Access Management Market

The physical identity and access management market is projected to grow from USD 789 million in 2020 to USD 1,535 million by 2025, at a Compound Annual Growth Rate (CAGR) of 14.2% during the forecast period. The major factors driving the market include the need to maintain compliance with stringent government regulations and compliances.

• Published: March 2020