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Foremost Companies in the Intraoperative Imaging Market: GE Healthcare (US), Siemens Healthineers AG (US) and Koninklijke Philips N.V. (Netherlands)
The global intraoperative imaging market size is projected to reach USD 2.5 billion by 2025 from USD 1.9 billion in 2020, at a CAGR of 5.2% during the forecast period. The major factors driving the growth of this market include the rapidly growing geriatric population and the subsequent increase in the prevalence of associated diseases; rising preference for minimally invasive procedures; technological advancements in intraoperative imaging modalities; and increasing investments, funds, and grants by public-private organizations.
- Published: February 2021
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Amcor Plc (Switzerland) and Dow (US) are Leading Players in the Blister Packaging Market
The global blister packaging market size is estimated at USD 24.1 billion in 2020 and is projected to reach USD 34.1 billion by 2025, at a CAGR of 7.2%, between 2020 and 2025. Blister packaging is a transparent, portable packaging material, with a flat base and raised cover of plastic, which is tamper-evident and resistant to moisture, protecting the product from damage. The product to be packed is attached to the base substrate, which could be paperboard, rigid plastic, or aluminum foil. A molded, transparent plastic film is sealed to the base substrate through the heat-sealing process. The transparent plastic film offers high visibility of the product.
- Published: February 2021
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Market Leaders - Biological Seed Treatment Market
The biological seed treatment market is projected to reach USD 1.7 billion by 2025, from USD 0.9 billion in 2020, at a CAGR of 11.9% during the forecast period. The market has been growing at a significant rate due to the increasing need for a sustainable approach in agricultural operations in developed countries. Strong research funding by key manufacturers on product development such as compatible combinations of biological and chemical components is expected to drive the growth of the market over the next five years.
- Published: February 2021
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Foremost Companies in the Nuclear Imaging Equipment Market: Siemens Healthineers (Germany), GE Healthcare (U.S.), and Philips Healthcare (Netherlands)
The nuclear imaging equipment market is expected to reach USD 3.4 billion by 2025 from USD 2.6 billion in 2020, at a CAGR of 4.9% during the forecast period. The growth in this market is mainly driven by the the shift from standalone to hybrid modalities, advances in radiotracers, the increasing focus on personalized medicine, investments through public-private partnerships to modernize diagnostic imaging centers, and the increasing incidence and prevalence of cancer and cardiac ailments. However, the high cost of nuclear imaging equipmentis expected to limit the growth of this market.
- Published: February 2021
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Vertiv Holdings Co. (US) and Schneider Electric SE (France) are Leading Players in the Data Center Cooling Market
The data center cooling market is projected to grow from USD 9.4 billion in 2020 to USD 15.7 billion by 2025, at a CAGR of 10.7% from 2020 to 2025. The major reasons for the growth of the data center cooling market include improving efficiency in data centers, rising spending on data centers, significant growth in number of data centers and their power density, increasing demand for cost-effective data center solutions, and the rising significance of eco-friendly data center solutions. These factors are responsible for driving the demand for data center cooling market.
- Published: February 2021
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Aircraft Seat Actuation System Companies - Astronics Corporation (US) and ITT Inc. (US) are the Key Players
The Global Aircraft Seat Actuation System Market size is projected to grow from USD 496 million in 2020 to USD 763 million by 2025, at a CAGR of 9.0% from 2020 to 2025. The market is driven by various factors, such as increase in demand for premium economy seats and maintenance & retrofitting of existing aircraft.
- Published: February 2021
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Micro Server IC Companies - Intel Corporation (US) and Advanced Micro Devices, Inc. (US) are the Key Players
The micro server IC market is expected to grow from USD 1.2 billion in 2021 to USD 2.2 billion by 2026, at a CAGR of 12.6%. Micro servers are energy-efficient, high-density servers with a large number of nodes containing low-powered processors and shared infrastructure. These are small computing appliances based on the SoC concept. In the present scenario, data traffic is continually rising, driving the demand for secure and reliable storage and data processing. To accommodate this large data, companies are deploying new data centers or upgrading their existing data centers and developing hyperscale or mega data centers.
- Published: February 2021
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Market Leaders - Semi-Trailer Market
The global semi-trailer market is estimated to be USD 29.5 billion in 2020 and is projected to reach USD 41.2 billion by 2025, growing at a CAGR of 5.6% from 2020 to 2025. Asia Pacific is estimated to show highest CAGR growth in the semi-trailer market. The industrial expansion in emerging economies, such as India and China, coupled with infrastructural development has led to the increased demand for freight transportation in this region.
- Published: February 2021
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Market Leaders - Food Anti-Caking Agents Market
The global Food anti-caking agents market size is estimated to be USD 822 million in 2020 and is projected to reach USD 1,074 million by 2025, at a CAGR of 5.5% during the forecast period. The food anti-caking agents market is driven by its usage in a wide range of applications, need for varied functionalities in diverse range of food products, concern toward food safety and hygiene in manufacturing practices, and demand for food products with better quality and enhanced shelf life.
- Published: February 2021
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AJL Ophthalmic (Spain) and CorneaGen (US) are the Prominent Players in the Artificial Cornea and Corneal Implant Market
The global artificial cornea and corneal implant market is projected to reach USD 599 million by 2026 from USD 418 million in 2021, at a CAGR of 7.4% from 2021 to 2026. Market growth is largely driven by the The growing geriatric population and the rising prevalence of eye diseases are the major drivers for the artificial cornea and corneal implants market. The increasing prevalence of eye disorders and government initiatives to control visual impairment are further boosting the market growth.
- Published: February 2021
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Qualcomm (US) and Ericsson (Sweden) are Leading Players in the 5G Industrial IOT Market
The 5G Industrial IoT market size is projected to grow from USD 0.5 billion in 2020 to USD 15.7 billion in 2026, at a Compound Annual Growth Rate (CAGR) of 79.1% during the forecast period. The major factors driving the growth of the 5G Industrial IoT market include the growth in data traffic due to the increasing number of IoT devices across manufacturing industries, increasing demand for high realibility and low latency networks in manufacturing industries, growth in number of M2M connections across manufacturing industries, and the rising need of preventive maintenance of critical equipment.
- Published: February 2021
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ZEISS (Germany) and iCAD, Inc (US) are Leading Players in the Intraoperative Radiation Therapy Market
The global intraoperative radiation therapy market is projected to reach USD 66 million by 2025 from USD 48 million in 2020, at a CAGR of 6.4% during the forecast period. The rising incidence of cancer, technological advancements, and advantages offered by IORT are the major factors driving the growth of the global intraoperative radiation therapy market. Research and clinical trials are also being conducted to expand the applications of IORT; this will add to market growth prospects in the coming years. However, the complexity of this technology is indicative of the need for skilled and trained personnel, which may hinder market growth given a current dearth of manpower in many parts of the world. In addition, physicians prefer conventional radiotherapy to IORT due to the better reimbursement scenario for the former.
- Published: February 2021
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Quest Diagnostics Incorporated (US), Hologic, Inc. (US), and F. Hoffmann-La Roche Ltd. (Switzerland) are the Leading Players in the women’s Health Diagnostics Market
The women’s health diagnostics market is projected to reach USD 36.6 billion by 2025 from USD 25.0 billion in 2020, at a CAGR of 7.9% during the forecast period. The growing awareness about various health-related disorders, rising incidence of chronic and lifestyle disorders, and the high prevalence of infectious diseases such as HIV and hepatitis in women across the globe, increasing adoption of POC diagnostic testing and the growth in the number of diagnostic and imaging centers support the growth of the market. However, the high cost of diagnostic devices, tests, and procedures; shortage of skilled laboratory technicians; and insufficient reimbursements for diagnostic tests are expected to restrain this markets growth to a certain extent.
- Published: February 2021
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Top 10 Sensors Companies - Emerson Electric Co. (US) and Honeywell International (US), are the Key Players
The top 10 sensor markets were valued at USD 72.7 billion in 2021 and are expected to reach USD 101.1 billion by 2026, at a CAGR of 6.8% during the forecast period. Among the end-user industries, consumer electronics, automotive, and healthcare are the major markets. Some of the reasons are the increasing demand for smart devices in consumer electronics, growing importance of measuring and controlling devices in these industries, and increasing concern toward security and surveillance in these sectors.
- Published: February 2021
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Market Leaders - Automotive Engine Management System Market
The engine management system market is projected to grow to USD 63.2 billion by 2025 from USD 58.8 billion in 2020, at a CAGR of 1.5% during the forecast period. The major driving factors for the engine management system market are stringent emission norms and fuel efficiency regulations around the globe.
- Published: February 2021
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NCR Corporation (US) and Ingenico (France) are Leading Players in the Retail Point of Sale Market
The global retail POS market size is projected to grow from USD 15.8 billion in 2020 to USD 34.4 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 13.9% during the forecast period. The major growth drivers for the market include growing interest in non-cash transactions among consumers, increased data visibility through cloud POS systems and enhanced service delivery. However, data security concerns may restrain the market growth.
- Published: February 2021
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Market Leaders - Residential Energy Management Market
The residential energy management market is expected to grow from an estimated USD 2.2 billion in 2020 to USD 4.1 billion by 2025, at a CAGR of 12.9% during the forecast period. The growth of this market is driven by the need for increasing investments to upgrade the aging grid infrastructure and upcoming smart city projects.
- Published: February 2021
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Foremost Companies in the Dental Impression Systems Market: 3M (US), Dentsply Sirona (US), and Envista Holdings Corporation (US)
The global dental impression systems market is projected to reach USD 1.9 billion by 2025 from USD 1.3 billion in 2020, at a CAGR of 7.7% during the forecast period. The growth in this market is driven by rising incidence of dental diseases, increasing demand for cosmetic dentistry, and growing dental tourism in emerging markets. However, the high cost and limited reimbursement for dental treatments are expected to restrict market growth to a certain extent. Dearth of trained dental practioners may also challenge market growth in the coming years.
- Published: February 2021
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Thermo Fisher Scientific (us) and Danaher Corporation (us) are the Major players in the Immunofluorescence Assay Market
The global immunofluorescence assays market is projected to reach USD 3.5 billion by 2026 from USD 2.6 billion in 2021, at a CAGR of 6.0% during the forecast period. The growth in this market is primarily attributed to the increasing prevalence of chronic diseases and rising R&D spending & healthcare expenditure. Emerging markets are expected to provide growth opportunities for players operating in the immunofluorescence assays market in the coming years. However, quality concerns over antibodies are the major challenge in this market.
- Published: February 2021
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Kaltura (US) and Brightcove (US) are Leading Players in the Cloud TV Market
The Cloud TV market size is expected to grow from USD 1.2 billion in 2020 to USD 4.2 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 21.9% during the forecast period. The cloud TV platform is used to deliver audio, video, rich media, and other media content over the internet. Cloud TV is delivered over end users’ handheld devices, such as smartphones, tablets, and connected TVs, through a wireless connection over the internet. It offers features such as live TV, video-on- demand, and web surfing.
- Published: February 2021
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Market Leader - Sensitive Data Discovery Market
The global sensitive data discovery market size to grow from USD 5.1 billion in 2020 to USD 12.4 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 16.1% during the forecast period. Various factors such as the growing need to discover sensitive structured and unstructured data, increasing investments in data privacy with evolving regulations, and rise in remote workers and real-time data access are expected to drive the adoption of the sensitive data discovery solutions and services.
- Published: February 2021
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Allbound (US) and Oracle (US) are Leadinng Players in the Partner Relationship Management Market
The global Partner Relationship Management (PRM) market size is expected to grow from USD 920 million in 2020 to USD 1,997 million by 2026, at a Compound Annual Growth Rate (CAGR) of 13.8% during the forecast period. The key factors that are expected to drive the growth of the market are need to control the functional relationship between organizations and external partner channels and focus on the enhancement of partner communication and reduction in channel management costs.
- Published: February 2021
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Tate & Lyle PLC (UK) and Cargill (US) are the Key players in the Natural Sweeteners Market
The global natural sweeteners market size is estimated to be valued at USD 2.8 billion in 2020 and is projected to reach USD 3.8 billion by 2025, recording a CAGR of 6.1% during the forecast period. Sugars and sweeteners are the substances used to enhance the palatability and shelf life of food products. However, conventional sugar may possess various ill-effects on human health. Thus, the development and formulation of natural sweeteners was pursued. Moreover, the sugar-substitutes utilized in various end-use industry applications are mainly of two different types: natural and artificial. The natural type of sugar-substitutes or natural sweeteners, as popularly known, is gaining immense traction in the global market. These sugars occur naturally in many plant foods. Most common sweeteners are obtained or manufactured by processing an array of plants, including agave cacti, maple trees, sugar cane, coconut palms, sugar beets, and corn to extract and condense the sugars.
- Published: February 2021
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Owens Corning (US) and PFB Corporation (Canada) are the Key Players in the Structural Insulated Panels Market
The global structural insulated panels market size is projected to grow from USD 405 million in 2020 to USD 517 million by 2025, at a Compound Annual Growth Rate (CAGR) of 5.0% during the forecast year. According to the Structural Insulated Panel Association (SIPA), “Structural Insulated Panels (SIPs) are a high-performance building system (for residential and light commercial construction), and consist of an insulating foam core sandwiched between two structural facings, typically Oriented Strand Board (OSB). Structural insulated panels are manufactured under factory controlled conditions and can be fabricated to fit nearly any building design. The result is a building system that is extremely strong, energy efficient, and cost, labor & time effective.”
- Published: February 2021
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Foremost Companies in the Genetic Toxicology Testing Market: Thermo Fisher Scientific, Inc. (US) and Charles River Laboratories International, Inc. (US)
The genetic toxicology testing market is projected to reach USD 2.0 billion by 2025 from USD 1.2 billion in 2020, at a CAGR of 10.2% during the forecast period. The increased pharmaceutical research activities, opposition to animal testing, and R&D on early toxicity detection are the primary growth factors for this market. Also, the increasing focus on drug discovery and personalized medicine using in vitro methods, and the rising demand for humanized animal models are expected to offer significant opportunities for market growth in the coming years. However, the failure to establish the intricacies of in vivo conditions, lack of in vitro models to study complex endpoints, and the reluctance of regulatory authorities to consider alternative methods for proving safety and efficacy are expected to restrain market growth to a certain extent.
- Published: February 2021
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Market Leader - Video as a Service Market
MarketsandMarkets forecasts the global video as a service market size to grow from USD 3.8 billion in 2020 to USD 6.2 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 8.7% during the forecast period. VaaS solutions are designed to enable seamless video communication experiences throughout an organization (i.e. internal and external stakeholders) for various applications. VaaS solutions are cloud-based video conferencing services used for employee training and development, learning and knowledge sharing, marketing, and client engagement by enabling interactions among the organization members and customers. These video conferencing solutions increase the efficiency of corporate communication through high-quality video conferencing and enabling real-time collaborations thereby, increasing the need for video conferencing solutions.
- Published: February 2021
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Foremost Companies in the Clinical Trial Management System Market: Oracle Corporation (US) and Medidata Solutions (US)
The clinical trial management system market is projected to reach USD 1,590 Million by 2025 from USD 801 Million in 2020, at a CAGR of 14.7 % during the forecast period. Growth in this market is primarily driven by rising industry-academia collaborations, the increasing number of clinical trials, rising technology adoption, and government support for research trials. However, budget constraints and limited knowledge about advanced CTMS solutions restrain the market growth.
- Published: January 2021
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Market Leader - Pipeline & Process Services Market
The global pipeline & process services market is projected to reach USD 4.0 billion by 2025 from an estimated USD 3.1 billion in 2020, at a CAGR of 5.5% during the forecast period. The rising demand for energy from APAC has created an increased need for pipeline network and processing infrastructure development, and the need for the safety and reliability of operations and processing facilities drive the pipeline & process services market.
- Published: January 2021
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Salesforce (US) and Cisco (US) are Leading report in the Customer Success Platforms Market
MarketsandMarkets expects the global customer success platforms market size to grow from USD 1.0 billion in 2020 to USD 2.5 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 20.4% during the forecast period. Customer success platforms are the tools used by organizations to create unique, 360-degree view of customers based on data captured from multiple channels, including offline as well as online channels, such as mobile, web, CRM, social media, third-party apps, and email. Such platforms have applications in numerous areas, including sales and marketing optimization, risk and compliance management, customer services, and revenue management.
- Published: January 2021
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Market Leader - 1-Decene Market
The 1-Decene market size is projected to reach USD 798 million by 2025 from USD 576 million in 2020, at a CAGR of 6.7%. The demand for 1-Decene is attributed to increasing demand for PAO-based lubricants and increasing industrialization in Middle East & Africa and Asia Pacific. However, growth of group III base oils, volatile raw material prices, and growth in demand for hybrid vehicles and increasing battery price parity are restricting its growth in the 1-Decene market. On the other hand, the growing R&D investments for the development of alpha olefins from different sources has created opportunities for manufacturers.
- Published: January 2021
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Market Leaders - Fruit & Vegetable Seeds Market
The global fruit and vegetable seeds market size is estimated to be valued USD 9.8 billion in 2020 and is expected to reach a value of USD 14.4 billion by 2025, growing at a CAGR of 8.2% during the forecast period.
- Published: January 2021
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Market Leader - Healthcare Provider Network Management Market
The healthcare provider network management market is projected to reach USD 5.8 billion by 2025 from USD 2.9 billion in 2020, at a CAGR of 14.9%. The growth of this market is driven by the implementation of stringent federal mandates in the US, the growing focus on improving the quality of care through the effective use of payer reporting requirements, the need to curtail escalating healthcare costs, and the in-house shortage of skilled personnel.
- Published: January 2021
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Market Leader - Photolithography Equipment Market
Photolithography, also termed optical lithography or ultraviolet (UV) lithography, is a process used for the microfabrication of the patterned parts of thin-film or bulk substrates. Photolithography equipment is used in the manufacturing of semiconductor devices such as integrated circuits (ICs), memory units, and transistors. In the photolithography process, geometric shapes are transferred to silicon wafers through various steps. The photolithography equipment market was valued at USD 11.6 billion in 2020 and is projected to reach USD 18.0 billion by 2025; it is expected to grow at a CAGR of 9.1% from 2020 to 2025. The key factors driving the growth of the photolithography equipment market include the advent of advanced semiconductor manufacturing technologies and the increased government support for carrying out these advancements. The key players in the market are focusing on research and development activities.
- Published: January 2021
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Infrared Thermometer Companies - Fluke (US) and FLIR (US) are the Key Players
The infrared thermometer market is projected to reach USD 3.6 billion by 2025 from USD 2.3 billion in 2020. It is expected to grow at a CAGR of 9.2% from 2020 to 2025. The major factors driving the market's growth include the increasing number of COVID-19 patients and the rising adoption of infrared thermometers across the manufacturing sector and construction applications
- Published: January 2021
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Foremost Companies in the eHealth Market: GE Healthcare (US) and Cerner (US)
The global eHealth market size is projected to reach USD 193.8 billion by 2025 from USD 69.5 billion in 2020, at a CAGR of 22.8% during the forecast period. Factors such as the increased adoption of eHealth solutions, rising elderly population base, and the growing number of infectious diseases are expected to drive the growth of the eHealth market.
- Published: January 2021
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IBM (US) and Microsoft (US) are Leading Players in the Data Discovery Market
The global data discovery market size to grow from USD 7.0 billion in 2020 to USD 14.4 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 15.6% during the forecast period. Various factors such as the growing need to discover sensitive structured and unstructured data, increasing investments in data privacy with evolving regulations, growing adoption of cloud-based data discovery solutions to improve security compliance and governance within data and the growing importance of data utilization during COVID-19 scenario among organizations are expected to drive the adoption of the data discovery market.
- Published: January 2021
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New Revenue Pockets: Increase In Demand for Plant-Based Pet Food Due to Rise In Awareness Among the Pet Owners is Going to Drive the Feed Plant-Based Protein Market
According to MarketsandMarkets, the global feed plant-based protein market size is estimated to be valued at USD 2.5 billion in 2020 and is projected to reach USD 3.4 billion by 2025, recording a CAGR of 6.3% in terms of value. The growth of feed plant-based protein market can be attributed to the increase in demand for plant-based pet food due to rise in awareness among the pet owners, pet owners’ inclination toward organic pet food ingredients, and innovative animal husbandry techniques to improve meat quality augments demand for nutritional plant-based protein. European region dominated the global feed plant-based protein market.
- Published: January 2021
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WestRock Company (US) and International Paper Company (US) are Leading Players in the Corrugated Bulk Bins Market
The global corrugated bulk bins market size is projected to grow from USD 11.6 billion in 2020 to USD 15.4 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 4.2% during the forecast year. Corrugated bulk bins are also known as Gaylord Boxes. They are made from corrugated board, which is a preferred packaging material, because of its sustainability, recyclability, and versatility. Manufacturers are preferring corrugated materials over other conventional materials. Corrugated bulk bins are manufactured from natural renewable resources, consuming high percentages of recovered fibers, which include old newspapers, mixed papers, old corrugated containers, and Kraft papers, thus diverting these materials from the public solid waste stream. For instance, in 2017, around 92% of all cardboard and containerboard manufactured were recovered and recycled in the US. Corrugated materials have the maximum recycling rate of any packaging materials used today, owing to which, corrugated bulk bins are reused to store and move items across the industries.
- Published: January 2021
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Bio-Techne (US) and Yokogawa Electric Corporation (Japan) are Leading Players in the Flow Imaging Microscopy/Dynamic Image Analysis Market
The global flow imaging microscopy market size is projected to reach USD 45 million by 2025 from USD 32 million in 2020, growing at a CAGR of 7.4%. Increasing research activities in the field of nanotechnology, increasing investments in pharmaceuticals, stringent regulatory guidelines for product quality across industries are some of the key factors driving the flow imaging microscopy market. However, technological limitation hinder the growth of this market.
- Published: January 2021
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Market Leaders - Driving Simulator Market
The global driving simulator marketis projected to grow at a CAGR of 7.2% from USD 1.5 billion in 2020 to USD 2.1 billion by 2025. The base year for the report is 2019, and the forecast period is from 2020 to 2025. High focus on road safety and realistic driving interface provided by training simulators under low cost will boost the demand for driving simulators during the forecast period.
- Published: January 2021
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Level Transmitter Companies - Endress+Hauser (Switzerland) and VEGA (Germany) are the Key Players
The global level transmitter market size is expected to grow from USD 3.1 billion in 2020 to USD 3.5 billion by 2025, at a CAGR of 2.6%. The growth of the market is attributed to growing demand for level transmitters in pharmaceuticals and food & beverages, high focus on industrial automation and optimum utilization of resources, increased regulatory emphasis on industrial safety, development of wireless level transmitters. Moreover, difficulties associated with High-level measurement in tanks with floating roofs acts as a challenge to level transmitter market.
- Published: January 2021
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Merck Millipore (US) and Danaher Corporation (US) are Leading Players in the Asia Pacific Single-cell Analysis Market
The Asia Pacific single-cell analysis market is projected to reach USD 1,375 million by 2025 from USD 550 million in 2020, at a CAGR of 20.1% during the forecast period. Growth in this market is mainly driven by factors such as the increasing R&D in the pharmaceutical and biotechnology industries for complex diseases, growing focus on personalized medicine, growth in stem cell research, and the rising prevalence of cancer. However, the high cost of single-cell analysis products is a major factor hampering the growth of the Asia Pacific single-cell analysis market.
- Published: January 2021
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Foremost Companies in the Albumin & Creatinine Tests Market: Abbott Laboratories (US) and Danaher Corporation (US)
The global albumin & creatinine tests market size is valued at an estimated USD 987 million in 2020 and is projected to reach USD 2,103 million by 2025, at a CAGR of 16.3% during the forecast period. The growth of the global albumin & creatinine tests market is driven by the growing prevalence of kidney disorders/diseases, the rising adoption of POC diagnostics, and the increasing prevalence of chronic conditions.
- Published: January 2021
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Rugged Servers Companies - Dell Technologies (US) and Siemens (Germany) are the Key Players
Rugged servers are the type of servers particularly used by industries operating in harsh environmental conditions, such as extreme temperatures, strong vibrations and shocks, and in moist and dusty conditions. They are used for providing data to client devices in such tough conditions. These servers are majorly used in military & aerospace, marine, industrial, telecommunication, and energy & power applications that require ruggedness and reliability for data transfer. The rugged servers market is likely to witness significant growth in the coming future; a key driving factor is rising demand for industrial IoT in various industries. The global rugged servers market size is projected to grow from USD 475 million in 2020 to USD 652 million by 2025 at CAGR of 6.5% during the forecast period.
- Published: January 2021
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Market Leader - Steel Wire Market
Steel wire are used in a various of end-use industries, including construction, automotive, energy, agriculture, industrial, and others. It possesses high strength, scrub resistance, and good conductivity, which makes it useful in applications such as wire for tires, hoses, galvanized wires and strands, ACSR strands, and armoring of conductor cables, springs, fasteners, clips, staples, mesh, fencing, screws, nails, barbed wires, chains, etc. However, amidst the global COVID-19 pandemic, the demand for steel wires from the industries mentioned above is expected to show a sharp decline. The global steel wire market size is expected to grow from USD 93.2 billion in 2020 to USD 124.7 billion by 2025, projecting a CAGR of 6.0 % during the forecast period between 2020 and 2025.
- Published: January 2021
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BASF SE (Germany), Dow Inc. (US) and Huntsman Corporation (US) are Leading Players in the Industrial Foam Market
The industrial foam market size is estimated at USD 55.6 billion in 2021 and is projected to reach USD 72.2 billion by 2026, at a CAGR of 5.4% between 2021 and 2026. The market is propelled by the growth of various end-use industries. Increasing investments in infrastructure, new housing projects, and renovation of non-residential buildings in China, India, and Brazil have also boosted the market growth.
- Published: January 2021
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Market Leader - Seam Tapes Market
The global seam tapes market size is estimated to grow from USD 128 million in 2020 to USD 179 million by 2025, at a CAGR of 6.9% 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 of seam tapes ranging from intimate apparels and sportswear industry. Increasing demand from APAC will further drive the growth of the global seam tapes market.
- Published: January 2021
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ABB (Switzerland) and Siemens Energy (Germany) are the Key Players in the Surge Arrester Market
The global surge arrester market is projected to reach USD 1.9 billion by 2025 from an estimated USD 1.5 billion in 2020, at a CAGR of 4.9% during the forecast period. The rising demand for electricity in APAC and the growing focus of on increasing renewable energy installed capacity are encouraging utilities to invest in the electricity transmission and distribution networks, as well as in electrification projects. These investments along with investments to replace aging electric infrastructure in North America and Europe are expected to create the demand for surge arrester market.
- Published: January 2021
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Perkinelmer (US) and Bruker Corporation (US) are the Major Players in the Infrared & Terahertz Spectroscopy Market
The infrared spectroscopy market is expected to reach USD 1.3 billion by 2025 from USD 1.0 billion in 2020, at a CAGR of 5.2% during the forecast period. While the terahertz spectroscopy market is projected to reach USD 45 million by 2025 from USD 30 million in 2020, at a CAGR of 8.3%. The growth in the infrared spectroscopy market is mainly driven by the stringent regulations in the pharmaceutical industry, increasing food safety concerns & technological advancements. However, the availability of used IR devices and technical limitations are expected to restrain the growth of this market during the forecast period. While the growth in the terahertz spectroscopy market is mainly by factors such as the growing semiconductor industry, increasing use of terahertz spectroscopy as a screening technique in homeland security and technological advancements, however high cost of equipment is likely to restrain the growth of this market.
- Published: January 2021
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Market Leader - Healthcare Fabrics Market
The healthcare fabrics market size is projected to reach USD 23.3 billion by 2025 from USD 16.8 billion in 2020, at a CAGR of 6.7%. Increasing awareness of hygiene products through promotions and advertising is primarily driving the healthcare fabrics market. However, the increased use of sanitary napkins among females has led to a serious environmental concern. On the other hand, the availability of smart fabrics is expected to provide new growth opportunities to the manufacturers of healthcare fabrics
- Published: January 2021
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