• The global excitation systems market is projected to reach USD 3.4 billion by 2026 from an estimated USD 2.7 billion in 2021, at a CAGR of 4.4% during the forecast period. Asia Pacific is estimated to be the largest market for excitation systems, followed by North America, in 2020. This trend is expected to continue till 2026. The growth of excitation systems market is driven by an increase in demand for synchronous machines in hydro power plants, thermal power plants, and heavy industries.

    • Published: April 2021
  • The global silica flour market size is projected to grow from USD 563 million in 2021 to USD 684 million by 2026, at a Compound Annual Growth Rate (CAGR) of 3.9% during the forecast year. Silica flour is a natural, milled, crystalline silica used in a range of applications, such as foundry, ceramic, rubber, paints & glass, and abrasive soaps & powders. It is obtained by the purification of quartz and is a finely ground form of crystalline silica.

    • Published: April 2021
  • The fertility test market is projected to reach USD 680 Million by 2025 from USD 472 Million in 2020, at a CAGR of 7.5 % during the forecast period. Growth in this market is primarily driven by the increasing first-time pregnancy age in women, declining fertility rate among men and women, growing number of women suffering from disorders such as PCOS, emergence of advanced ovulation monitors, and the increased awareness of fertility testing in both developed as well as developing countries. On the other hand, the unproven accuracy of urine-based ovulation monitors in women suffering from PCOS and the lesser precision to confirm ovulation using ovulation prediction kits are the factors that are expected to restrain market growth to a certain extent in the coming years.

    • Published: April 2021
  • The global sequence of events recorder market is projected to reach USD 31 million by 2026 from an estimated USD 25 million in 2021, at a CAGR of 4.7% during the forecast period. Growing focus on the effective use of power resources worldwide and increasing emphasis on reducing industrial downtime and the global energy costs are factors driving the growth of the sequence of events recorder market.

    • Published: April 2021
  • The global medical engineered materials market size is projected to reach USD 29.1 billion by 2025 from USD 15.8 billion in 2020, at a CAGR of 13.0% during the forecast period. The increasing demand for advanced medical devices from the aging population and growing healthcare investments in emerging economies are the major drivers for the medical engineered materials market. These factors have increased the demand for advanced healthcare facilities, which is propelling the need for more medical devices, thereby creating growth opportunities for the medical engineered materials market.

    • Published: April 2021
  • The global marine collagen market size is estimated to be valued at USD 778 million in 2021 and projected to reach USD 1,137 million by 2026, recording a CAGR of 7.9% during the forecast period. The demand for marine collagen is propelling due to rising awareness related to personal care and wellness trends. Furthermore, the increased disposable income among the millennial population has made consumers able enough to afford the purchase of higher-priced beauty and nutraceutical products.

    • Published: March 2021
  • The 5G enterprise market is expected to grow from USD 2.1 billion in 2021 to USD 10.9 billion by 2027, at a CAGR of 31.8%. A few major factors driving the growth of this market are the emergence of Industry 4.0 paving the way for mMTC, the development of smart infrastructure, and the delivery of differentiated 5G services using network slicing technique. The critical challenge faced by the market players is the requirement of the high spending capability of carriers to set up a 5G infrastructure. Similarly, the adoption of Wi-Fi communication technology by enterprises and security concerns in the 5G core network are the major factors hindering the market growth. Low latency connectivity with uRLLC and increasing demand for private networks from various enterprises and government organizations for mission-critical applications. Despite the market being in the infancy stage, a lot of research is being conducted in the market.

    • Published: March 2021
  • Growing urbanization and increasing land costs, coupled with densely populated countries, have rapidly increased the construction of high-rise buildings and skyscrapers, which, in turn, results in the adoption of smart elevators, further reducing energy consumption. Smart elevators are designed for the purpose of energy efficiency and are also termed intelligent vertical transport systems. Smart elevators consist of high-efficiency fixtures along with automated controls which can adjust the elevator operations based on user-specific needs. The system analyzes and offers personalized assistance through learning individual traveling patterns.The global smart elevator market size is projected to grow from USD 9.7 billion in 2021 to USD 12.6 billion by 2026 at CAGR of 5.4% during the forecast period. Otis Elevator (US), Schindler Group (Switzerland), Kone Corporation (Finland), Thyssenkrupp (Germany), Hitachi (Japan) are some of the key players in the smart elevator market.

    • Published: March 2021
  • The global crash barrier systems market size is estimated to grow from USD 7.6 billion in 2021 to USD 9.0 billion by 2026, at a CAGR of 3.3% during the forecast period. The market is projected to witness decent growth in the near future, owing to growing construction and automotive industries throughout the world. Increasing demand from APAC will further drive the growth of the global crash barrier systems market.

    • Published: March 2021
  • The global voice biometrics market size to grow from USD  1.1 billion in 2020 to USD 3.9 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 22.8% during the forecast period. Factors such as the increasing demand for robust fraud detection and prevention systems across the Banking, Financial Services, and Insurance (BFSI) industry and the need for reducing authentication and identification costs are driving the adoption of voice biometrics solutions across the world. Fraudulent activities have increased alarmingly with the advent of digitalization across the banking industry. Through high-profile data thefts, fraudsters with access to banking credentials may gain access to customers’ bank accounts, thus creating the need for second or third-level security in the whole financial authentication system. Voice biometrics caters to such needs of banks and financial agencies by smartly identifying a user based on his/her voiceprint.

    • Published: March 2021
  • The automotive switch market is projected to grow to USD 7.5 billion by 2026 from USD 6.2 billion in 2021, at a CAGR of 3.8% during the forecast period. The automotive switches market has witnessed significant growth in the developing countries. Vehicle production is growing significantly in China, India mainly due to the growing vehicle production and growing popularity of premium vehicles. OEMs are turning to emerging economies due to growing vehicle production and expanding their existing plants in these countries.

    • Published: March 2021
  • MarketsandMarkets forecasts the global Mobile and Wireless Backhaul Market size to grow from USD 9.3 billion in 2020 to USD 15.5 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 8.8% during the forecast period. Mobile and wireless backhaul refers to the network section, which enables transportation of mobile data traffic. With the rise in the deployment of 5G, popularity of small cells, and exponential rise in usage of smart devices, mobile operators are facing cost-related challenges with wired backhaul networks. The implementation of wireless technology for backhaul networks is based on delivering quality services to customers, leading to growth of the market.

    • Published: March 2021
  • The global in vivo toxicology market size is projected to reach USD 6.6 billion by 2025 from USD 5.0 billion in 2020, at a CAGR of 5.5% during the forecast period. Market growth is driven largely by the increasing pharmaceutical R&D activities, innovations in animal models, the development of exclusive in vivo toxicology tests, and the increasing demand for personalized medicine.

    • Published: March 2021
  • The global smart thermostat market size is expected to reach USD 6.4 billion by 2026 from USD 2.5 billion in 2021, growing at a CAGR of 20.8%. The key factors driving the growth of the market include increasing adoption of smart homes attributed to COVID-19 situation, emergence of IoT-enabled HVAC systems, government regulations pertaining to increase energy efficiency of buildings, and surging adoption of smart home voice assistants.

    • Published: March 2021
  • The global laboratory gas generators market is projected to reach USD 686 million by 2026 from USD 353 million in 2021, at a CAGR of 14.2% during the forecast period. The growth of the laboratory gas generators market is driven by the growing importance of analytical techniques in drug and food approval processes, rising food safety concerns, increasing adoption of laboratory gas generators owing to their various advantages over conventional gas cylinders, growing demand for hydrogen gas as an alternative to helium, and the increasing R&D spending in target industries. On the other hand, reluctance shown by lab users in terms of replacing conventional gas supply methods with modern laboratory gas generators and the availability of refurbished products are the major factors expected to hamper the growth of this market.

    • Published: March 2021
  • The pyrometer market is estimated to grow from USD 327 million in 2020 to reach USD 464 million by 2025; it is expected to grow at a CAGR of 7.3% from 2020 to 2025. A few key factors driving the growth of this market are increased importance of non-contact temperature measurements, emphasis of end-user industries on rugged temperature measurement devices, Industry 4.0 pushed demand for pyrometers, and surged popularity of application-specific pyrometers.

    • Published: March 2021
  • The weigh-in-motion system market is projected to reach USD 1.8 billion by 2027 from USD 1.1 billion in 2022, at a CAGR of 10.0% during the forecast period. Increasing government initiatives toward intelligent transportation systems and increasing public-private partnerships (PPPs) are boosting the growth of the weigh-in-motion system market.

    • Published: March 2021
  • The global cell lysis market size is projected to reach USD 4.1 billion by 2026 from USD 2.9 billion in 2020, at a CAGR 7.2% from 2021 to 2026. The growth of this market is driven by increasing government funding for research, high prevalence of diseases, and growing focus on personalized medicines

    • Published: March 2021
  • The smart card market is projected to reach USD 16.9 billion by 2026 from USD 13.9 billion in 2021; it is expected to grow at a CAGR of 4.0% from 2021 to 2026. Asia Pacific (APAC) is the largest market for smart cards. The robust financial system that is being increasingly digitized and government agencies incorporating smart chip-based systems for better monitoring of processes are propelling several APAC countries to adopt smart card solutions owing to increasing demand, specifically in the transportation, BFSI, retail, government, and healthcare sectors. Smart cards are used to purchase tickets in metros, buses, and ferries, among others, in several countries in APAC. China is projected to witness the highest demand for smart cards in the region owing to a large consumer base and the presence of a number of smart card manufacturers.

    • Published: March 2021
  • The Electron Microscopy and Sample Preparation Market Size is expected to grow from USD 2.2 billion in 2021 to USD 3.5 billion by 2026, at a CAGR of 9.5%. Favorable funding scenario for R&D in microscopy and growth opportunities in emerging markets  are the key factors driving the growth of the electron microscopy and sample preparation market.

    • Published: March 2021
  • The global polycarbonate sheets market size is projected to grow from USD 1.7 billion in 2020 to USD 2.2 billion by 2025, at a CAGR of 5.1% between 2020 and 2025. Growing demand from end-use industries is expected to drive the polycarbonate sheets market in the future.

    • Published: March 2021
  • The veterinary antimicrobial susceptibility testing market is projected to reach USD 135 million by 2026 from USD 100 million in 2021, at a CAGR of 6.1% during the forecast period. Market growth can largely be attributed to factors such as the growth in the companion animal population, growing prevalence of zoonotic diseases, rising demand for animal-derived food products, rising demand for pet insurance, growing animal health expenditure, and the increasing use of antibiotics in animals. The rising focus on veterinary antimicrobial susceptibility testing in emerging markets due to supportive government initiatives and awareness initiatives for antimicrobial resistance and control offer significant growth opportunities for the market players. However, the high cost of veterinary antimicrobial susceptibility testing and increasing pet care costs are expected to restrain the growth of the market to a certain extent. Limited guidelines for interpreting veterinary antimicrobial test results also pose a challenge for the leading players operating in the market.

    • Published: March 2021
  • The global CNG and LPG vehicle market is projected to reach 4,389 thousand units sales by 2026, from an estimated 2,135 thousand units sales in 2021, at a CAGR of 15.5%. The base year for the report is 2020, and the forecast period is from 2021 to 2026. The rising cost of fossil fuels and government initiatives in increasing usage of low emission vehicles will lead to a growth of the CNG and LPG Vehicle market.

    • Published: March 2021
  • The global food disinfection market size is estimated to be valued USD 12.2 billion in 2020 and is expected to reach a value of USD 14.9 billion by 2025, growing at a CAGR of 4.1% during the forecast period. Factors such as an increase in instances of foodborne diseases and outbreaks, rise in awareness about food safety among consumers, and increase in demand for environment-friendly solutions, is driving to the growth of the food disinfection market.

    • Published: March 2021
  • The global OLED market size was valued at USD 38.4 billion in 2021 and is projected to reach USD 72.8 billion by 2026. It is expected to grow at a CAGR of 13.6% during the forecast period. Rapid adoption of OLED displays in smartphones, significant investments in building new facilities to manufacture OLED panels, high demand for better viewing experience, especially from smartphone and television consumers, rapid advances in OLED technology, increased demand for AMOLED displays in AR/VR headset applications, and financial support from governments worldwide for OLED lighting research are the key driving factors for the OLED market.

    • Published: March 2021
  • The global functional proteins market size is estimated to be valued at USD 4.6 billion in 2020 and projected to reach USD 6.1 billion by 2025, recording a CAGR of 5.6% during the forecast period. The demand for functional proteins is increasing significantly owing to changing consumer preferences due to rising health awareness. Furthermore, the rising income level among the millennial population has made consumers able enough to afford the purchase of health-beneficiary functional food products to streamline their diets.

    • Published: March 2021
  • The global antenna, transducer, and radome (ATR) market size is projected to grow from USD 9.1 billion in 2020 to USD 16.0 billion by 2025, at a CAGR of 11.9% from 2020 to 2025. The growth of the market can be attributed to the growing trend of automation in flight control and increase in defense expenditure and R&D activities to develop ATR, capable of withstanding harsh conditions and providing long-range capabilities at low power consumption.

    • Published: March 2021
  • The Flexible Electronics Market size is projected to reach USD 48.5 billion by 2026 from an estimated USD 31.9 billion in 2021, at a CAGR of 8.8% from 2021 to 2026. Rising demand for consumer electronic devices and low cost of production as compared to rigid substrates are among the factors driving the growth of the flexible electronics & circuit  market.

    • Published: March 2021
  • The substation automation market is projected to grow from USD 39.9 billion in 2021 to USD 54.2 billion by 2026; it is expected to grow at a CAGR of 6.3% from 2021 to 2026. The key factors fueling the growth of this market include increasing investments in smart cities and smart grid infrastructure development projects, surging requirement to retrofit conventional substations, and increasing focus on upgrading IEC 61850 standard to resolve interoperability issue among intelligent electronic devices deployed in substations. Moreover, escalating demand for data centers to support rapidly expanding digital activities due to COVID-19-led lockdown globally.

    • Published: March 2021
  • The global Business Process Automation (BPA) market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 12.2% during the forecast period, to reach USD 19.6 billion by 2026 from USD 9.8 billion in 2020. Increased need for optimized resource utilization through automated business processes, rising demand of automated IT systems, growing demand for streamlining communication across varied business functions in organizations, and business agility are expected to spur the demand for BPA offerings across the globe. Moreover, the BPA vendors are offerings innovative and affordable solutions for SMEs for automating and streamlining the business processes, seamless integration, and enhancing compliance.

    • Published: March 2021
  • The proppants market is estimated to be USD 7.8 billion in 2020 and is projected to reach USD 12.1 billion by 2025, at a CAGR of 9.1% between 2020 to 2025. The improvements in fracturing technology and new drilling techniques, increasing proppants consumption per well, innovation ni proppants technologies and the growing natural gas demand to ensure energy security is driving the proppants market during the forecast period.

    • Published: March 2021
  • The proppants market is estimated to be USD 7.8 billion in 2020 and is projected to reach USD 12.1 billion by 2025, at a CAGR of 9.1% between 2020 to 2025. The improvements in fracturing technology and new drilling techniques, increasing proppants consumption per well, innovation ni proppants technologies and the growing natural gas demand to ensure energy security is driving the proppants market during the forecast period.

    • Published: March 2021
  • The global Enterprise architecture tools market size is expected to grow from USD 989 million in 2020 to USD 1,283 million by 2026, at a Compound Annual Growth Rate (CAGR) of 4.4% during the forecast period. Key factors that are expected to drive the growth of the market are the increasing adoption of the business-driven enterprise architecture approach for strategic business transformation and an increasing need to align enterprise information technology architecture with business strategy.

    • Published: March 2021
  • The global animal antimicrobials and antibiotics market is projected to reach USD 5.6 billion by 2026 from USD 4.7 billion in 2021, at a CAGR of 3.6% from 2021 to 2026. Market growth can largely be attributed to the rising demand for animal-derived food products, increasing incidence of zoonotic diseases, and the implementation of regulations to prevent the spread of animal diseases. Rising animal healthcare spending and the growing demand for pet insurance are further expected to drive the growth of this market. The untapped emerging markets such as China, India, and Brazil and growth in the overall companion animal population are also expected to offer significant growth opportunities to market players in the coming years

    • Published: March 2021
  • The non-woven adhesives market size is estimated to be USD 2.3 billion in 2020 and is projected to reach USD 3.5 billion by 2025, at a CAGR of 8.5%, between 2020 and 2025. The key market driver is the growing usage of non-woven hygiene adhesives in baby care, feminine hygiene, and adult incontinence applications. Rising awareness for high-quality products and growing demand from APAC, the Middle East & Africa, and South America are also driving the market. The restraining factor for the growth of the non-woven hygiene adhesives market is stagnant growth in the baby diaper market in developed regions and volatility in raw material prices. Increased use of non-woven hygiene adhesives in applications such as baby care, feminine hygiene, and adult incontinence; and the emergence of new applications, including medical, bath tissues, and pet diapers in the emerging markets such as India, China, Brazil, Mexico, and Southeast Asian countries are likely to change the market dynamics during the forecast period.

    • Published: March 2021
  • The global US general anesthesia drugs market size is projected to reach USD 2.4 billion by 2025 from USD 2.0 billion in 2020, at a CAGR of 3.4% during the forecast period. Market growth is driven largely by rapid growth in geriatric population, rising prevalence of cancer and increasing number of emergency surgeries.

    • Published: March 2021
  • The global polished concrete market size is projected to grow from USD 2.2 billion in 2020 to USD 3.0 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 5.6% during the forecast year. According to The Concrete Polishing Association of America (CPAA), “polished concrete is a process of converting a concrete floor surface, with or without aggregate exposure, to achieve a specified level of gloss using bonded abrasive polished concrete, burnished polished concrete or hybrid polished concrete.

    • Published: March 2021
  • The global Enterprise Mobility Management (EMM) market size is expected to grow from USD 16.6 billion in 2020 to USD 63.6 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 25.1% during the forecast period. The major driving factors in the EMM  industry are rising demand for public safety and security to boost the adoption of EMM , and high adoption of EMM  across hospitals and medical facilities.

    • Published: March 2021
  • The global benzenoid chemicals market size is estimated to be USD 651 million in 2020 and is projected to reach USD 857 million by 2025, at a CAGR of 5.6% during the forecast period. The market is primarily driven by factors such as steadily goring cosmetics, personal care and beauty market, cheaper availability of raw materials, and increasing trend of unique aroma formulations.

    • Published: March 2021
  • The global high purity methane gas market size is estimated to grow from USD 6.8 billion in 2020 to USD 8.8 billion by 2025, at a CAGR of 5.2% during the forecast period. The market is projected to witness decent growth in the near future, owing to the wide application in various end use industries ranging from electrical & electronics to medical industry. Increasing demand from North America will further drive the growth of the global high purity methane gas market.

    • Published: March 2021
  • The Metallic Powder Coatings market is projected to grow from USD 2.3 billion in 2020 to USD 3.3 billion by 2025, at a CAGR of 7.5% between 2020 and 2025. The Increasing demand for metallic pigments from the architectural and automotive industries and large organized and unorganized aftermarkets for wheels are driving the metallic powder coatings market.

    • Published: March 2021
  • The cooler box market is projected to grow from USD 4.6 billion in 2020 to USD 8.1 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 12.1% during the forecast period. Growth in the pharmaceutical industry, ongoing COVID-19 vaccination drives, technological advancements in the cooler box industry for the transportation of processed and fresh fruits, vegetables, dairy products, and other perishable food products are contributing to the growth of the cooler box market.

    • Published: March 2021
  • The global customer journey analytics market size to grow from USD 8.3 billion in 2020 to USD 25.1 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 20.3% during the forecast period. Various factors such as the growing need to provide seamless customer experience, a higher focus on better customer engagement strategies through omnichannel, and adoption of advanced analytics solutions to leverage the increasing customer data and reduce customer churn rate, are expected to drive the demand for customer journey analytics solutions and services.

    • Published: March 2021
  • The breath analyzer market is expected to reach USD 1,167 million by 2025 from USD 524 million in 2020, at a CAGR of 17.4% during the forecast period. The growth in the market is mainly driven by the stringent government regulation, growing alcohol and drug abuse and growing use of breathalzyers in detecting various diseases However, the accuracy and hygiene concerns are expected to restrain the growth of this market during the forecast period.

    • Published: March 2021
  • The tablet coatings market is projected to reach USD 969 million by 2025 from USD 739 million in 2020, at a CAGR of 5.6% during the forecast period. Growth in this market is majorly driven by the growing pharmaceutical industry coupled with the increasing R&D activities taking place in this field. Also, the growing generics market, rapidly growing biopharmaceuticals sector, growing nutraceutical industry, and the rising adoption of orphan drugs are supporting the growth of the market. The shifting focus of pharmaceutical manufacturing to emerging markets along with the increasing outsourcing of operations to these countries and the growing biologics and biosimilars industry present significant opportunities for market growth. The rising focus on sports nutrition and the technological advancements taking place in niche market areas also offers significant growth opportunities for players operating in this space. On the other hand, the increasing regulatory stringency regarding the approval of drugs and excipients along with the cost and time-intensive drug development process; the high cost associated with the microencapsulation process and the unfavorable drug price control policies are expected to restrain the growth of this market during the forecast period.

    • Published: February 2021
  • The integrated marine automation system is projected to grow from USD 4.9 billion in 2020 to USD 7.8 billion by 2025, at a CAGR of 10.0% from 2020 to 2025. Some of the major factors driving this market include the increasing global sea trade, improving marine navigational safety resulting in lesser accidents, and growing maritime tourism. The demand for new ships and the retrofitting of existing ships with advanced technologies are expected to grow with increased trade activities. New defense and commercial vessels are equipped with advanced systems for improved safety and efficiency.

    • Published: February 2021
  • The global blockchain IoT market size is projected to grow from USD 258 million in 2020 to USD 2,409 million by 2026, at a Compound Annual Growth Rate (CAGR) of 45.1% during the forecast period. The growing need for IoT security, simplified processes supported with transparency and immutability, and high adoption of blockchain-based IoT solutions using smart contracts and AI is expected to surge demand for blockchain IoT market globally.

    • Published: February 2021
  • The global blockchain supply chain market size is projected to grow from USD 253 million in 2020 to USD 3,272 million by 2026, at a Compound Annual Growth Rate (CAGR) of 53.2% during the forecast period. An Increasing need for supply chain transparency and rising demand for enhanced security of supply chain transactions are major growth factors for the market. Increased automation and elimination of middlemen with blockchain in supply chain management would create opportunities for the market growth during the forecast period.

    • Published: February 2021
  • The global newborn screening market size is projected to reach USD 1.3 billion by 2026 from USD 0.9 billion in 2021, at a CAGR of 8.3% during the forecast period. Market growth is driven mainly by the increasing prevalence of newborn diseases, government newborn screening prograsms and legislations, and availability of insurnace for newborn screening. However, the availability of refurbhieshed product is expected to hamper the sales of newborn screening market to a certain extents. On the other hand, emerging economies provides lucrative opportunites to the players operating in the newborn screening market.

    • Published: February 2021
  • In the post-COVID-19 scenario, the global big data security market size is projected to grow from USD 17.5 billion in 2020 to USD 35.3 billion by 2026, recording a Compound Annual Growth Rate (CAGR) of 12.4% from 2020 to 2026. The market’s growth can be attributed to the increasing awareness and rising investments in big data security solutions across global organizations operating across verticals.

    • Published: February 2021
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