Research Insight

Market Leader - Lithium Compounds Market

The lithium compounds market is projected to grow from USD 5.3 billion in 2020 to USD 13.5 billion by 2025, at a CAGR of 20.6% from 2020 to 2025. The increasing demand for lithium compounds from end uses such as Li-ion batteries, glass & ceramics, polymers, and lubricants, among others, is expected to drive the lithium compounds market.

• Published: March 2020

GrainCorp (Australia) , Groupe Soufflet (France) and Boortmalt (Belgium) are the Major Player in the Malt Extracts and Ingredients Market

The malt extracts and ingredients market size is estimated to be valued at USD 17.6 billion in 2020 and is projected to reach USD 20.4 billion by 2025, recording a CAGR of 3.0% during the forecast period. The increase in the demand for beer has majorly been driving the market for malt extracts and ingredients. Factors such as their use as a sweetening agent and their ability to raise and soften the dough have propelled their use in various applications in the food & beverage industry.

• Published: March 2020

Key Revenue Pockets - Distributed Temperature Sensing Market

Distributed temperature sensing (DTS) systems are optoelectronic devices that are used to measure temperatures using an optical fiber cable that functions as a linear sensor. The optical cable acts as a multi-point temperature sensor and provides cost-effective temperature measurement along its entire length. It provides critical temperature data pertaining to various applications and is considered as the best option for monitoring multiple temperature sensing points in difficult operating conditions. DTS systems enable accurate detection of temperatures over long distances. Industries such as oil & gas and pipeline transportation require temperature sensing systems for monitoring purposes that can operate at high temperatures and harsh working environments, and are immune to electromagnetic interferences.

• Published: March 2020

BASF SE (Germany) and Clariant (Switzerland) are the Key Players in the Rheology Modifiers Market

The global rheology modifiers market size is projected to reach USD 8.6 billion by 2024 from USD 7.2 billion in 2019, at a CAGR of 3.5%, between 2019 and 2024. The growing demand from the applications and increasing crude oil production & shale gas exploration is expected to support the growth of the rheology modifiers market. However, the shift from print to digital media is restraining the growth of the market. The increasing focus on deep and ultra-deepwater drilling has created opportunities for manufacturers. BASF SE (Germany), Clariant (Switzerland), Lubrizol Corporation (US), and Ashland (US) are the major players in the rheology modifiers market.

• Published: March 2020

Cisco (US) and IBM (US) are Leading Players in the Internet of Things (IoT) in Retail Market

MarketsandMarkets projects the Internet of Things (IoT) in retail market to grow from USD 14.5 billion in 2020 to USD 35.5 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 19.6% during the forecast period. Major factors expected to drive the growth of the IoT in retail market include rapidly declining cost of IoT-based sensors and connectivity, increasing adoption of smart payment solutions, and customer demand for a seamless shopping experience.

• Published: March 2020

Refrigeration Monitoring Companies - Emerson (US) and Danfoss (Denmark) are the Key Players

The refrigeration monitoring market is projected to grow from USD 7.4 billion in 2020 to USD 11.1 billion by 2025; it is expected to grow at a CAGR of 8.3% from 2020 to 2025. Key factors fueling the growth of this market include changing food consumption patterns, shifting consumer preference for organic food products, increasing demand for high-quality packed food products, growing demand for temperature-sensitive drugs, high disposable income, and the need to reduce food wastage.

• Published: March 2020

Cosmetic Packaging Companies - Amcor (Australia) and Berry Global Inc. (US) Key Players in the Cosmetic Packaging Market

The global cosmetic packaging market size is projected to grow from USD 49.4 billion in 2020 to USD 60.9 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 4.03% during the forecast year. The growth of this market is attributed to the change in the style of packaging, innovative & premium package designs, and boost in the demand for cosmetics due to the rising youth population.

• Published: March 2020

Aria Systems (US) and Zuora (US) are leading players in Subscription & Billing Management Market

MarketsandMarkets forecasts the global subscription & billing management market size to grow from USD 4.0 billion in 2020 to USD 7.8 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 14.0% during the forecast period. Major factors expected to drive the growth of the subscription & billing management market include rising adoption of subscription business models, increasing demand for reducing subscriber churn and improving customer retention, growing need for adhering to compliances, and increasing need for upgrading legacy system.

• Published: March 2020

Market Leader - Technical Enzymes Market

The global technical enzymes market size is projected to grow from USD 1.1 billion in 2019 to USD 1.5 billion by 2026, recording a compound annual growth rate (CAGR) of 4.0% during the forecast period, in terms of value. The increasing trend of environmental concerns in developing countries and advancements of R&D activities for technical enzymes are the major factors that are projected to drive the growth of the technical enzymes market. However, the cost of enzymes usage in various industrial applications remains high during the formulation process of technical enzymes, which is projected to inhibit the growth of the market.

• Published: March 2020

GPON Companies - Huawei (China) and Nokia (Finland), are the Key Players

Gigabit Passive Optical Network (GPON) is a high-bandwidth shared fiber access technology. GPON is a point-to-multipoint access mechanism that supports triple-play service, high-bandwidth, and long-reach service coverage. GPON adopts wavelength division multiplexing (WDM) technology, facilitating bidirectional communication over a single fiber. The downstream wavelength is 1490 nm, and the data transmission rate is 2,488 Gbps; the upstream wavelength is 1310 nm, and the data transmission rate is 1.244 Gbps.

• Published: March 2020

RF Semiconductor Companies - Qorvo (US) and Skyworks (US), are the Key Players

The global RF Semiconductor Market Size is projected to grow from USD 17.4 billion in 2020 to USD 26.2 billion by 2025, at a CAGR of 8.5%. The increasing importance of advanced RF devices in radar and electronic warfare systems is one of the key factors driving the growth of the RF semiconductor industry. Also, the increasing penetration of LTE & advanced technologies, and the growing demand for RF devices for smartphones, is likely to boost the market growth.

• Published: March 2020

Market Leadership - Head-up Display Market

Head-up display market size is valued at USD 2.4 billion in 2022 and is anticipated to USD 6.4 billion by 2027; growing at a CAGR of 21.3% from 2022 to 2027. Factors such as increased awareness about vehicle and passenger safety and growing demand for improvement of in-vehicle experience are driving the growth of the market during the forecast period.

• Published: March 2020

Amdocs (US) and Netcracker (Japan) are leading players in Revenue Management Market

The revenue management market size is projected to grow from USD 14.1 billion in 2019 to USD 22.4 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 9.6% during the forecast period. The major factors driving the growth of the revenue management market include the rising need for competitive pricing strategies, penetration of mobile devices worldwide, high growth in subscriber base in various regions, and digital transformation to compel Communication service Providers( CSPs) for integrating revenue management throughout modern systems.

• Published: March 2020

Market Leader - Resuscitation Devices Market

The global resuscitation devices market is projected to reach USD 8.7 billion by 2025 from USD 6.9 billion in 2020, at a CAGR of 4.7%. The rising prevalence of target diseases, increasing demand for emergency care, growing focus on providing public-access defibrillators, high incidence of preterm births, and training & awareness programs on defibrillators are the major factors driving the growth of the resuscitation devices market. Also, emerging markets and the development of wearable defibrillators are expected to offer growth opportunities for players operating in the resuscitation devices market.

• Published: March 2020

Thermal Scanners Companies - FLIR Systems, Inc. (US) and Fluke Corporation (US) are the Key Players

The global thermal scanners market size is estimated to grow from USD 4.1 billion in 2020 to USD 6.2 billion by 2025, at a CAGR of 8.6%. The key factors fueling the growth of this market are the increasing demand for thermal scanners at airports for coronavirus detection, rising expenditure from governments worldwide in the aerospace & defense sector and the adoption of thermal scanners in the automotive industry.

• Published: March 2020

Key players adopted various strategies to expand their global presence and increase their market shares in Unified Communications as a Service Market

The global Unified Communications as a Service (UCaaS) market is expected to grow from USD 15.8 billion in 2019 to USD 24.8 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 9.5% during the forecast period. Major factors driving the growth of the unified communications as a service market include increasing demand for UCaaS from both the large enterprises and SMEs, and growing trends of mobility and Bring Your Own Device (BYOD).

• Published: March 2020

New Revenue Pockets - Cylinder Deactivation System Market

Cylinder deactivation is a process in which select cylinders of the internal combustion engine are deactivated when the full power of the engine is not required. Cylinder deactivation helps improve fuel economy and reduces CO2 emissions. Different OEMs use different methods to deactivate the cylinder according to the engine type. The engine does not run at its peak performance level when power requirements from the engine are low.

• Published: February 2020

Gantry Robot Companies - Güdel (Switzerland) and Liebherr (Germany) are the Key Players

The global gantry robot market size is projected to grow from USD 3.1 billion in 2020 to USD 4.1 billion by 2025; it is expected to grow at a CAGR of 6.0% from 2020 to 2025. Increasing adoption of pre-engineered gantry robots and standardization of robot programming along with the use of the latest networking protocols is driving the market for gantry robots.

• Published: February 2020

SWEP (Sweden) and Alfa Laval (Sweden) are the Key Players in the Brazed Plate Heat Exchangers Market

The BPHEs market size is expected to grow from USD 799 million in 2019 to USD 1,120 million by 2024, at a Compound Annual Growth Rate (CAGR) of 7.0% during the forecast period. The major driving factors for the market are growth of global construction sector and increasing use of HVACR systems in this sector.

• Published: February 2020

Weapon Mounts Companies - Kongsberg Gruppen (Norway), Raytheon Company (US) are the Key Players

The weapon mounts market size is projected to grow from USD 1.1 billion in 2019 to USD 1.8 billion by 2025, at a CAGR of 7.7% from 2019 to 2025. The growth of the market across the globe can be attributed to the new installations of weapon mounts in emerging economies and ongoing upgrades to existing systems in developed countries.

• Published: February 2020

Bayer (Germany) and BASF (Germany) are the Key Players in the Seed Processing Market

The seed processing market is estimated at USD 9.1 billion in 2019 and is projected to reach USD 16.6 billion by 2025, recording a CAGR of 10.6% during the forecast period. The global seed processing market is projected to grow in the coming years due to the increased trade of processed seeds at the global level, growing awareness among farmers in the emerging Asia Pacific region pertaining to advantages of seed treatment, and rise in investments from governments and companies. In developed countries, the demand for high-quality crops is projected to play a key role in increasing the sales of seed treatment products; Europe is projected to be a key revenue generator in the seed processing market. The region has the presence of leading players operating in the seed processing market, which include leading seed treatment companies such as Bayer (Germany), BASF (Germany), and Syngenta (Switzerland). In addition, the region witnesses the presence of leading seed processing equipment companies, such as Cimbria (Denmark), Alvan Blanch (UK), PETKUS Technologie GmbH (Germany), and Westrup (Denmark). Thus, seed processing manufacturers have high growth prospects in the coming years in both developed and developing countries.

• Published: February 2020

Market Leader - Light Control Switches Market

The light control switches market is estimated to grow from USD 6.6 billion in 2020 and projected to reach USD 10.1 billion by 2025, at a CAGR of 8.9%. The major factors driving the growth of the light control switches market include the advent of integrated lighting control systems, ongoing and upcoming smart city projects in developing economies, increasing adoption and reduction in prices of LEDs, and growing awareness about energy savings among consumers and governments worldwide.

• Published: February 2020

IGBT & Thyristor Companies - Infineon Technologies AG (Germany) and Fuji Electric Co., Ltd. (Japan) are the Leading Manufacturers

The global insulated-gate bipolar transistor (IGBT) market size is estimated to grow from USD 5.3 billion in 2020 to USD 6.6 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 4.6% during the forecast period. The global thyristor market size is estimated to grow from USD 781 million in 2020 to USD 849 million by 2025, at a CAGR of 1.7% during the forecast period. The key factors fueling the growth of the IGBT and thyristor market are the implementation of government initiatives in various countries towards the replacement of aging power infrastructure, and the adoption of electric motors in industrial, commercial, and residential applications.

• Published: February 2020

Netcracker (NEC Corporation [Japan]) and Nokia (Finland) are leading players in Telecom Billing and Revenue Management Market

MarketsandMarkets expects the global telecom billing and revenue management market size to grow from USD 10.8 billion in 2019 to USD 18.0 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 10.8 % during the forecast period. Telecom billing and revenue management solutions and services help operators increase their revenues by extracting unbilled revenue, leveraging automation to identify revenue leaks, and safeguarding revenue streams from potential losses. The key telecom billing and revenue management solutions include mediation, billing and charging, partner and interconnect management, revenue assurance, and fraud management.

• Published: February 2020

Market Leaders - In-Vehicle Computer System Market

The global in-vehicle computer system market is projected to reach USD 980 million by 2025 from USD 565 million in 2020, at a CAGR of 11.6%. The growth of the market is driven by increased demand for real-time fleet management soultions and surveillance systems in public transits.

• Published: February 2020

PepsiCo, Inc. (US) and Kellogg Company (US) are the Key Players in the Extruded Snacks Market

The global extruded snacks market is estimated to account for USD 48.3 billion in 2019 and is projected to reach USD 65.2 billion by 2026, recording a CAGR of 4.4% during the forecast period. The market is primarily driven by the increasing disposable income and changing lifestyle among the millennials.

• Published: February 2020

Market Leader - Fire Protection Materials Market

The fire protection material market size is projected to reach USD 4.0 billion by 2024 from USD 2.7 billion in 2019, at a CAGR of 8.5% between 2019 and 2024. Strict building codes & building regulations and increased emphasis on passive fire protection materials along with fire-stop contractors influencing the consumption are driving the market. Higher costs of these materials and lack of awareness among the consumers are restraining the market growth.

• Published: February 2020

Foremost Companies in the Fiducial Markers Market: CIVCO Radiotherapy (US) and IZI Medical Products (US)

The global defibrillators market is projected to reach USD 123 million by 2025 from USD 95 million in 2019, at a CAGR of 4.5%. Factors such as the growing incidence of cancer globally, improving reimbursement scenario, and the growing adoption of image-guided radiotherapy are expected to propel the growth of this market.

• Published: February 2020

Micromachining Companies - Coherent, Inc. (US) and Makino Milling Machine Co., Ltd. (Japan), are the Key Players

The global Micromachining Market Size is expected to grow from USD 2.4 Billion in 2020 to USD 3.3 Billion by 2025, at a CAGR of 6.2%.

The main factor accelerating the micromachining industry growth is its growing demand for the miniaturization of electronic devices and preference towards laser-based micromachining over the traditional approach.

• Published: February 2020

Situational Awareness Companies - General Electric (US) and Lockheed Martin (US) are the Key Players

The situational awareness market is projected to grow from USD 17.2 billion in 2020 to USD 21.8 billion by 2025, recording a CAGR of 4.9% between 2020 and 2025. Major factors driving the growth of the Growing demand for situational awareness solutions in aviation and military, use of mobility solutions transforming military tactical operations, and growing importance of situational awareness in cybersecurity to provide significant situational awareness.

• Published: February 2020

Tektronix (US) and National Instruments (US) are the Key Players in the Precision Source Measure Unit Market

The global precision source measure unit market size is expected to grow from USD 394 million in 2019 to USD 637 million in 2024 at a CAGR of 10.1% from 2019 to 2024. North America is estimated to be the largest precision source measure unit market, followed by Asia Pacific in 2019 and this trend is expected to continue during the forecast period. The growth of the precision source measure unit industry can be attributed to the high level of integration & flexibility of the precision source measure unit and growing demand from the automotive and medical industries.

• Published: February 2020

Market Leader - Function Generators Market

The global function generators market size is expected to grow from an estimated revenue of USD 1.4 billion in 2019 to USD 1.9 billion by 2024, at a CAGR of 6.1% during the forecast period. The factors driving the market growth are the growing adoption for high-performance and power-efficient devices for aerospace, defense & government services along with investments in the automotive (electric vehicles) sector due to the concern towards the hazardous environmental effects.

• Published: February 2020

Leading Players Adopting Various Strategies to Strengthen Their Business in the IoT in Construction Market

Internet of Things (IoT) is the network of physical objects or things embedded with electronics, software, sensors, and connectivity. Internet of Things (IoT) in construction refers to the management of construction processes using modern information & communication technologies to increase productivity. It involves the use of hardware devices, data analytics solutions, network and sensing technologies, software, and other components to improve construction processes. IoT helps the construction industry to improve productivity and safety at construction site by enabling remote operations and predictive maintenance and offering smart wearables. The market size of IoT in construction is projected to reach USD 16.8 billion by 2024, at a CAGR of 16.5% between 2019 and 2024.

• Published: February 2020

Market Leader - PXI SMU Market

The global PXI SMU market size is projected to reach USD 267 million by 2024, from an estimate of USD 124 million in 2019, growing at a CAGR of 16.5% during the forecast period. Asia Pacific is estimated to be the largest consumer of PXI SMU, followed by North America. This trend is expected to continue during the forecast period. The growth of the PXI SMU industry is driven by the demand for high-resolution modular source measure units for critical applications such as in complex semiconductor testing and avionics product testing.

• Published: February 2020

Market Leaders - Electronic Load Market

The global electronic load market size is expected to grow from an estimated revenue of USD 3.0 billion in 2019 to USD 4.0 billion by 2024, at a CAGR of 6.3% during the forecast period. The growth of this market is driven by the increasing demand for testing electronics components that are used in wireless communication and infrastructure for providing reliability in communication.

• Published: February 2020

New Product Developments Accounted for the Largest Share of all the Strategic Developments that Took Place in the Bag-in-Box Market

The global bag-in-box market size is projected to grow from USD 1.6 billion in 2019 to USD 1.9 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 3.8% during the forecast year. The growth of this market is attributed to the need for innovative and sustainable packaging as well as the increasing consumption of alcoholic beverages in developing and developed economies

• Published: February 2020

Geographic Information System Companies - Environmental Systems Research Institute, Inc. (Esri) (US) and Hexagon AB (Sweden), are the Key Players

The global Geographic Information Systems (GIS) Market Size is expected to grow from USD 8.1 billion in 2020 to USD 14.5 billion by 2025 at a CAGR of 12.4% from 2020 to 2025.

A few key factors driving the growth of this market include the development of smart cities and urbanization, integration of geospatial technology with mainstream technologies for business intelligence, and the adoption of GIS solutions in the transportation sector.

• Published: February 2020

Key Revenue Pockets - Time-of-Flight (ToF) Sensor Market

ToF sensors measure the time taken by a wave pulse to travel through a medium right from its emission to its reflection from an object, and its return to the ToF sensor. A ToF camera sensor can be used to measure the distance and the volume of the target. Also, it finds applications in object scanning and tracking, indoor navigation, obstacle avoidance, gesture recognition, and reactive altimeters. Data generated from the ToF sensor can also help in 3D imaging and improving augmented reality (AR) experiences. In smartphones, ToF camera sensors are likely to be used for 3D photography and AR.

• Published: February 2020

Huntsman Corporation (US) and Wacker Chemie AG (Germany) are the Leading Players in the Textile Finishing Chemicals Market

The global textile finishing chemicals market is estimated to grow from USD 6.2 billion in 2019 to USD 8.2 billion by 2024, at a CAGR of 5.5% during the forecast period. The market is witnessing significant growth globally due to the rising demand for finishing chemicals in various applications. The increasing demand for technical textile and functional home textile finishes is expected to drive the textile finishing chemicals market, globally. However, stringent regulations for the disposal of textile finishing effluents pose as a major restraint for this market.

• Published: February 2020

Market Leaders - DC Power Supplies Market

The global DC power supplies market size is projected to grow at a CAGR of 4.7% from 2019 to 2024. The market is estimated to be USD 361 million in 2019 and expected to reach USD 454 million by 2024. North America is estimated to be the largest DC power supply market, followed by Asia Pacific in 2019. This trend is expected to continue until 2024. Increasing demand for power supplies in the automotive and wireless communication & infrastructure sector along with the stringent regulatory complaint and standards for the design & manufacturing of efficient power supplies in the countries such as the US, Canada, China, India, and others might accelerate the demand.

• Published: February 2020

Check Point (Israel) and Palo Alto Networks (US) are leading players in Software Defined Perimeter Market

The global Software Defined Perimeter (SDP) market size is expected to grow from USD 2.9 billion in 2019 to USD 13.8 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 36.5% during the forecast period. The rising demand policy-based security architecture to reduce network complexities and increasing adoption of cloud-based applications are major factors driving the adoption of SDP solutions in the market.

• Published: February 2020

New Product Developments Accounted for the Largest Share of all the Strategic Developments that took place in the Stucco Market

The global stucco market size is projected to grow from USD 10.9 billion in 2019 to USD 13.4 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 4.2% during the forecast year. The growth of this market is attributed to the boost in construction activities in emerging economies, as well as the low maintenance and easy installation of stucco systems.

• Published: February 2020

Analytics as a Service Market Size and Share - Comprehensive Analysis | MarketsandMarkets

The global Analytics as a Service Market is projected to expand at a CAGR of 24.5% during the forecast period to reach USD 39.8 billion by 2029, size was valued USD 13.3 billion in 2024.

• Published: February 2020

Analytics as a Service Industry - Exploring Emerging Trends and Innovations

The market for analytics as a service is expected to grow at a compound annual growth rate (CAGR) of 24.5% during the forecast period, from an anticipated USD 13.3 billion in 2024 to USD 39.8 billion by 2029.

• Published: February 2020

Magnetic Separator Companies - Eriez (US) and Goudsmit Magnetics (Netherlands) are the Key Players

The magnetic separator market was valued at USD 725 million in 2020 and is expected to grow at a CAGR of 5.1% from 2020 to 2025 to reach USD 928 million by 2025. Stringent rules and regulations pertaining to quality in food & beverage industry, and expansion and urbanization in developing countries are the factors driving the growth of the magnetic separator market. Technological advancements in magnetic separation technology and waste management sector along with increasing use of superconducting magnets in magnetic separators are expected to provide growth opportunities to the market players during the forecast period.

• Published: February 2020

Key Revenue Pocked - Optoelectronic Components Market

Optoelectronic components cover electronic devices that operate on both, light and electrical currents. These can include light sources that are electrically driven, devices that can convert light into electrical current, and devices capable of electronically control light propagation. This report covers optoelectronic components such as LEDs, optocouplers, sensors, infrared components, ultraviolet components, and laser diodes. These components find application in verticals such as automotive, consumer electronics, telecommunication, military & aerospace, industrial, medical, and residential & commercial.

• Published: February 2020

Crawler Camera System Companies - CUES (US) and Deep Trekker (Canada) are the Key Players

The crawler camera system market is projected to reach USD 353 million by 2025 from USD 145 million in 2019; it is projected to grow at a CAGR of 14.5% during the forecast period. The major drivers for the market’s growth are the rising demand from residential and municipal applications, increasing government mandates and regulations for pipeline assessment, growing demand for advanced inspection systems for underwater operations, and growing demand for sewer inspection. The introduction of magnetic crawlers will create growth opportunities for crawler camera system manufacturers. The major restraint for the market is the faster battery drainage of crawler camera systems. The time involved in the data analytics process in crawler camera systems poses a major challenge for this market.

• Published: February 2020

Non-volatile Memory Express (NVMe) Companies - Samsung Electronics Co., Ltd. (Samsung) (South Korea) and Western Digital Corporation (Western Digital) (US), are the Key Players

The global NVMe Market Size is projected to grow from USD 44.6 billion in 2019 to USD 163.5 billion by 2025; it is expected to grow at a CAGR of 29.7% from 2020 to 2025.

The major factors driving the growth of the market include the increasing adoption of NVMe technologies in SSDs, servers, and storage appliances; exponential rise in data generation and evolving demand for data storage and processing infrastructure; and significant performance advancements offered by NVMe.

• Published: February 2020

Key players adopted various growth strategies, including partnerships, agreements, collaborations, and new product launches, to expand their presence in the Network Traffic Analyzer Market

The global network traffic analyzer market size is projected to grow from USD 1.9 billion in 2019 to USD 3.2 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 10.6% during the forecast period. The major factors driving the growth of the market include the demand for network virtualization and automation, increased emergence of cloud services and server virtualization, and the need for advanced network management systems.

• Published: February 2020

Mechanical Control Cable Companies - Triumph Group and Crane Aerospace & Electronics are the Key Players

The global mechanical control cables market for military and aerospace is projected to grow from USD 8.8 billion in 2019 to USD 11.9 billion by 2025, at a CAGR of 5.1% from 2019 to 2025. Increasing air passenger traffic and demand for commercial aircraft are likely to drive market growth in the coming years.

• Published: February 2020