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Key strategies adopted by the market players to maintain growth in the global Double Glazing Glass Market
Double glazing glass is used in windows, doors, façades, and other applications. The construction & infrastructure sector is one of the prime consumers of double glazing glass. The demand for double glazing glass is increasing at a significant pace owing to energy-efficient characteristics which help in reducing the energy consumption. However, amidst the global COVID-19 pandemic, the demand is expected to show a sharp decline until 2021. The global double glazing glass market size is expected to grow from USD 21.4 billion in 2020 to USD 27.4 billion by 2025, at a CAGR of 5.0% during the forecast period.
- Published: August 2020
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Foremost Companies in the Breast Augmentation Market: Johnson and Johnson (US) and Allergan (US)
The global breast augmentation market size is projected to reach USD 1,692 million by 2025 from USD 900 million in 2020, at a CAGR 13.4% from 2020 to 2025. Breast augmentation is a medical aesthetic procedure that enlarges or changes the shape of the breast. The growth of this market is driven by the increasing number of breast augmentation procedures and rising awareness of cosmetic procedures.
- Published: August 2020
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Google (US), Microsoft (US) are Leading Players in the Geomarketing Market
The global geomarketing market is expected to grow from USD 10.7 billion in 2020 to USD 32.5 billion by 2025 at a Compound Annual Growth Rate (CAGR) of 25.0% during the forecast period. Major factors driving the growth of the market are the rising demand for cloud services, the increasing demand for location-based intelligence to enhance the business outcome, and communicate with customers, visitors, and the use of location analytics and big data to generate information about potential markets and customers.
- Published: August 2020
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Foremost Companies in the ePrescribing Market: NextGen Healthcare (US) and athenahealth, Inc. (US)
The global ePrescribing market size is projected to reach USD 3.3 billion by 2025 from USD 1.2 billion in 2020, at a CAGR of 23.3%. In 2019, Cerner Corporation (US), EPIC Systems Corporation (US), and Allscripts (US) dominated the global ePrescribing industry.
- Published: August 2020
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Surveillance Radar Companies - Raytheon Technologies Corporation (US) and Lockheed Martin Corporation (US) are the Key Players
The Surveillance Radar market size is projected to grow from USD 8.0 billion in 2020 to USD 11.5 billion by 2025, at a CAGR of 7.6% from 2020 to 2025. The market is driven by various factors, such as the advancement in border surveillance systems, ongoing military modernizations, demand for border surveillance, and the need for advanced air defense systems among others.
- Published: August 2020
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Riflescope Companies - SIG Sauer, Inc., (US), Vortex Optics, (US) are the Key Players
The riflescopes market size is projected to grow from USD 5.7 billion in 2020 to USD 7.3 billion by 2025, at a CAGR of 5.0% from 2020 to 2025. The increasing need for highly precise strike munition, rising asymmetric warfare and soldier modernization programs, among others, are some of the factors fueling the growth of the market
- Published: August 2020
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Market Leader - Aluminum Rolled Products Market
The aluminum rolled products market size is estimated to be USD 45.2 billion in 2020 and projected to reach USD 62.5 billion by 2025, at a CAGR of 6.7% from 2020 to 2025. Growth in automotive & transportation, building & construction and other industries has fuel the growth of aluminium rolled products market. China, India, Japan, US, and Germany are the major countries leading in the market. However, the recent outbreak of Covid-19 is expected to impact the aluminum rolled products market severely.
- Published: August 2020
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Market Leadership - Froth Flotation Equipment Market
The global froth flotation equipment market size is expected to grow from USD 280 million in 2020 to USD 375 million by 2025, at a Compound Annual Growth Rate (CAGR) of 6.0% during the forecast period. The major driving factors are increasing investments in mining industry in APAC and South America, and stringent regulations pertaining to emission and treatment of municipal and industrial waste.
- Published: August 2020
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Market Leaders - Oilfield Integrity Management Market
The global oilfield integrity management market size is projected to reach USD 18.8 billion by 2025 from an estimated value of USD 12.8 billion in 2020, at a CAGR of 8.1%. Increasing focus on remote monitoring of oilfields for process optimization and automation and stringent government regulations regarding environmental safety are the key factors driving the oilfield integrity management market.
- Published: August 2020
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Cisco (US) and Avaya (US) are Leading Players in the Audio Communication Monitoring Market
MarketsandMarkets expects the global audio communication monitoring market size to grow from USD 1.8 billion in 2020 to USD 4.3 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 19.1% during the forecast period. Audio communication monitoring, also known as audio mining and analysis, monitors telephonic, voice, and speech-related audio content. It is used to analyze audio communication, providing a robust structure to interactions and revealing the information provided by an agent to clients and customers or vice versa. This information provides insights related to customers' or clients' perceptions about the brand or company. The key feature of audio communication monitoring is the ability to adhere to risk and compliance management, thus offering stringent security measures and enhancing overall productivity.
- Published: August 2020
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Cisco (US) and Microsoft (US) are leading players in Oil and Gas Security and Service Market
MarketsandMarkets forecasts the oil and gas security and service market size to grow from USD 25.3 billion in 2020 to USD 32.5 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 5.2% from 2020 to 2025. Increased expenditure by oil and gas companies on network and physical security, growing political instability in Middle East and need to ensure compliance with industry regulations in oil and gas security and service market to boost the adoption of security and services in oil and gas sector across the globe during the forecast period.
- Published: August 2020
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Market Leader - Enhanced Oil Recovery Market
The global enhanced oil recovery market size is expected to grow from an estimated USD 43.3 billion in 2020 to USD 59.4 billion by 2025, at a CAGR of 6.5% during the forecast period. With the increasing production from mature oilfields, there are high growth prospects for the enhanced oil recovery market during the forecast period.
- Published: August 2020
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Market Leaders - Feed Yeast Market
The global feed yeast market size estimated at USD 1.8 billion in 2020 and is projected to grow at a CAGR of 5.1% to reach USD 2.3 billion by 2025. The market has a promising growth potential due to several factors, including the increasing awareness of yeast-based animal feed products and strict government regulations regarding animal health.
- Published: August 2020
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Ericsson (Sweden) and Huawei (China) are leading players in Small Cell 5G Network Market
The global small cell 5G network market size is expected to grow from USD 626 million in 2020 to USD 2,413 million by 2025, at a Compound Annual Growth Rate (CAGR) of 31.0% during the forecast period. The major growth drivers for the market include the growth in mobile data traffic, the emergence of Citizens Broadband Radio Services (CBRS) band, and lowered Capital Expenditure (CAPEX). However, the poor backhaul connectivity may restrain the market growth.
- Published: August 2020
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Market Leader - Dewatering Equipment Market
The global dewatering equipment market size is projected to grow from USD 4.3 billion in 2020 to USD 5.4 billion by 2025, at a CAGR of 4.4% from 2020 to 2025. Rising environmental awareness and stringent regulatory laws regarding sludge disposal are expected to drive the dewatering equipment market.
- Published: August 2020
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New Revenue Pockets - Feed Binders Market
The global feed binders market is estimated to account for a value of USD 4.5 billion in 2020 and is projected to grow at a CAGR 3.0% from 2020, to reach a value of USD 5.1 billion by 2025. The feed binders market is projected to witness significant growth due to the increasing need for improving the quality of feed provided to the livestock. Innovative techniques are being developed to manufacture different feed binder products to capture the untapped potential of the market. The need to increase food production for domestic consumption, as well as for exporting among developing countries, have led to an increase in demand for agricultural inputs and feed rations. The increasing trend of meat consumption in the Asia Pacific region has further led to a rise in the production of compound feed, which has further driven the demand for feed binders.
- Published: August 2020
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Market Leadership - Ambient Lighting Market
The ambient lighting market is estimated to be USD 58.0 billion in 2020 and projected to reach USD 88.3 billion by 2025, at a CAGR of 8.8%. The key factors contributing to the growth of the market are modernization of infrastructure and upcoming smart city projects in developing economies, government initiatives and policies for energy savings, and increasing consumer preferences for better interior designing with energy-efficient lighting systems. Increasing awareness regarding energy-efficient lighting solutions and stringent government regulations for the implementation of such solutions across the US, the UK, Germany, and China are proving to be some of the other factors driving the growth for the ambient lighting market.
- Published: August 2020
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Diameter Signaling Companies - Huawei (China) and Oracle (US), are the Key Players
The Diameter Signaling Market is valued at USD 1.1 billion in 2020 and is projected to reach USD 1.6 billion by 2025; expected to grow at a CAGR of 7.1% from 2020 and 2025 driven by the increase in the number of 4G subscribers, trials and rollouts of 5G communication networks across the world and focus on the digitalization of economies.
- Published: August 2020
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SGS SA (Switzerland) and Eurofins Scientific (Luxembourg) are Leading Players in the Europe Testing, Inspection, and Certification (TIC) Market
The Europe TIC market is projected to grow from USD 56.99 billion in 2025 to USD 64.81 billion by 2030, at a CAGR of 2.6% from 2025 to 2030. Market growth is supported by stringent EU regulatory frameworks, including CE marking, MDR/IVDR, NIS2, the EU Cyber Resilience Act, and expanding sustainability and carbon verification requirements under the CSRD and the EU Taxonomy. The rising demand for product safety, digital inspection, and compliance across various industries, including automotive, medical devices, industrial equipment, food, and consumer goods, further accelerates TIC adoption. Additionally, the shift toward remote audits, digital product passsport readiness, and harmonized EU standards reinforces the market’s steady upward trajectory.
- Published: August 2020
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Market Leader - Connected Device Analytics Market
The global connected device analytics market size to grow from USD 14.3 billion in 2020 to USD 40.3 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 23.0% during the forecast period. The connected device analytics market is said to have high growth potential, due to the ability of connected device analytics solutions to empower organizations to recognize undiscovered opportunities and uncover concealed risks covered inside the vast measures of connected device data.
- Published: August 2020
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Market Leader: Increasing Grain Production Drives the Demand For Grain Silos and Storage Systems
The grain silos and storage systems market is estimated to be valued at USD 1.3 billion in 2020 and is projected to reach USD 1.6 billion by 2025, recording a CAGR of 4.8% during the forecast period. The growth of the grain silos and storage system market is driven by factors such as the increase in production of high-quality grains through effective storing, and efficient post-harvest management of grains to drive the market growth.
- Published: August 2020
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Market Leader - Automotive Glazing Market
The global automotive glazing market size is estimated to be USD 1.0 billion in 2020 and is projected to reach USD 1.7 billion by 2025, at a CAGR of 9.9%. The market will be driven primarily because of the increase in vehicle production, particularly lighting applications. The increasing demand for complex glazing design and lightweight vehicles is driving the growth of the automotive glazing market for polycarbonate.
- Published: August 2020
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Narrowband IoT (NB-IoT) Chipset Companies - Huawei (China) and Qualcomm (US) are the Leading Manufacturers
NB-IoT is expected to be one of the most efficient connectivity technologies for real-time data transfer as it consumes less power and covers a wider area than existing LPWA technologies, such as LoRa and Sigfox. The NB-IoT chipset market is projected to reach USD 2,484 million by 2025 from USD 461 million in 2020 at a CAGR of 40.0%. Increasing demand for wearable devices due to COVID-19 outbreak, growing adoption of IoT and rise in the use of connected devices, and increasing demand for low-power, low-cost, and long-range connectivity are the key drivers for the growth of this market. Emerging smart city initiatives and smart buildings across the world pose a huge growth opportunity for companies involved in this market.
- Published: July 2020
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Top Companies in Automotive Heat Shield Market - Tenneco Inc. (US), Dana Limited (US), ElringKlinger AG (Germany), Autoneum (Switzerland) and Alkegen (US)
The automotive heat shield market is projected to grow from USD 12.14 billion in 2025 to USD 12.68 billion by 2032 at a CAGR of 0.6%. The demand for automotive heat shields is expected to grow with the rise in global vehicle production and the need for fuel-efficient vehicles. The increasing adoption of plug-in hybrid electric vehicles (PHEVs) and advancements in heat shield technology that improve vehicle performance and efficiency are key factors driving this market. Additionally, the growing use of lightweight vehicle components has increased the demand for heat shields that are both lightweight and resistant to high temperatures.
- Published: July 2020
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IBM (US) and Cisco (US) are leading players in IoT in Smart Cities Market
The global IoT in smart cities market size to grow from USD 130.6 billion in 2021 to USD 312.2 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 19.0 % during the forecast period. Various factors such as exponential rise in urban population actuating smart management, increasing number of government initiatives and PPP models for smart cities, and adoption of connected and smart technologies in smart cities initiative are expected to drive the adoption of IoT in smart cities solutions and services.
- Published: July 2020
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Market Leader - 1,3-Propanediol Market
The global 1,3-propanediol market size is projected to reach USD 691 million by 2025 from USD 402 million in 2020, at a CAGR of 11.4% between 2020 and 2025. High demand for bio-based products, less greenhouse gas emissions, and low energy consumption during the production process of 1,3-propanediol are factors driving the demand for 1,3-propanediol. However, the availability of substitutes with comparatively low prices is restraining the growth of the 1,3-propanediol market. On the other hand, there is high growth potential in emerging economies and new application areas, which provide opportunities for the players in the 1,3-propanediol market. The players in the 1,3-propanediol market are mainly concentrating on expansions, innovations, and partnerships to meet the growing demand in various applications. Expansion help companies to increase their global reach and cater to the local market.
- Published: July 2020
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DowDuPont (US) and Henkel AG & Co. KGaA (Germany) are leading players in Conductive Inks Market
The conductive inks market is projected to grow from USD 3.0 billion in 2020 to USD 3.7 billion by 2025, at a CAGR of 4.1% during the forecast period. The global conductive inks are mainly driven by the high demand for efficiency and miniaturization of electronics and new applications in the electronics industry. Rising demand for smaller electronics in every industry is driving the demand for conductive inks for these electronics. Conductive inks are efficient, effective, and reliable and are widely used as a replacement for conventional wire and circuit arrangement to enhance efficiency and reduce the weight of electronic components.
- Published: July 2020
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Fiber Optics Testing Companies - UL LLC (US) and Element Materials Technology (UK) are the Key Players
The global fiber optics testing market is expected to grow from USD 283 million in 2020 to USD 433 million by 2025, at a CAGR of 8.8% during the forecast period. The fiber optics testing market is growing owing to the increased investments in infrastructure development and surging demand for FTTX. However, most of these industries remained shut during the COVID-19 outbreak. The lesser demand of these applications in the market will impact the fiber optics testing market for the years 2020 and 2021 with its bouncing back in 2022.
- Published: July 2020
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Market Leader - Feed mycotoxin binders and modifiers Market
The global feed mycotoxin binders and modifiers market is estimated to be valued at USD 2.4 billion in 2020 and is projected to reach a value of USD 2.8 billion by 2025, growing at a CAGR of 3.0% during the forecast period. The growth of the feed mycotoxin binders and modifiers market is driven by factors such as the rise in incidences of mycotoxin occurrence in crops, and the global increase in risk of mycotoxin contamination in livestock feed.
- Published: July 2020
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Crop Monitoring Companies - Trimble (US) and Topcon Corporation (Japan) are the Key Players
The crop monitoring market is estimated to be worth USD 2.2 billion in 2020 and projected to reach USD 4.4 billion by 2025, at a CAGR of 15.2%. The rising adoption of IoT and AI based devices, surging investments in the agriculture technology and growing concerns related to productivity, farmers’ profitability and food security have become the prominent factors for the growth of the crop monitoring market globally.
- Published: July 2020
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New product development and operations of end-use industries at full capacities to give boost to the gelcoat demand during the forecast period
Gelcoats are used in a variety of end-use industries, including transportation, wind energy, marine, pipes & tanks, construction & infrastructure, and others. Gelcoats are used for coating various composite components Led by strong end-user demand, the gelcoat market is expected to grow at a rapid pace. However, amidst the global COVID-19 pandemic, the demand for gelcoats from the industries mentioned above is expected to show a sharp decline. The global gelcoat market size is expected to grow from USD 974 million in 2020 to USD 1,808 million by 2025, projecting a CAGR of 13.2 % during the forecast period between 2020 and 2025.
- Published: July 2020
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Market Leaders - Liquid Fertilizers Market
The global liquid fertilizers market size is estimated to be valued at USD 2.4 billion in 2020 and is projected to reach USD 3.0 billion by 2025, recording a CAGR of 4.4%. The growth of the liquid fertilizers industry is driven by various factors due to its ease of use and rapid absorption by the soil and plants, which in turn, ensures that nutrients reach crops faster than other forms of fertilizers.
- Published: July 2020
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The key development strategies, namely new product launch/new product development, partnership, joint venture, collaboration, and agreement, are adopted by leading players for boosting the Ultra-Thin Glass Market
The global ultra-thin glass market size is expected to grow from USD 7.8 billion in 2020 to USD 14.3 billion by 2025, at a compound annual growth rate (CAGR) of 13.0% during the forecast period. Ultra-thin glass is used in a variety of end-use industries, including consumer electronics, automotive & transportation, medical & healthcare, and others including industrial, construction & architecture, aerospace & defense, railway, solar energy, sports & entertainment, etc. Increasing demand from these end-use industries is driving the market. However, the outbreak of COVID-19 pandemic and its impact on the consumer electronics industry has affected the ultra-thin glass market in 2020.
- Published: July 2020
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Document Camera Companies - AVer Information (Taiwan) and ELMO Company (Japan) are the Leading Manufacturers
Document cameras, also known as visualizers, are real-time image capturing devices designed for displaying an object to a large audience. These devices can magnify and project images of any object, including 3D objects, transparencies, and even persons. The document camera market is expected to grow from USD 370 million in 2020 to USD 545 million by 2025; it is expected to grow at a CAGR of 8.1% during the forecast period. Education sector, and corporate sector are the key end users, which dominate the document camera market and also contribute significantly to its growth.
- Published: July 2020
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Thermoplastic Composites Companies - Market Leaders in Thermoplastic Composites Market
Thermoplastic composites are used in a variety of end-use industries, including aerospace & defense, transportation, wind energy, construction , consumer goods & electronics, sports & leisure, and others. Owing to its recyclability, fast processing, and ability to remold into different shapes quickly, the demand for thermoplastic composites is expected to grow during the forecast period. However, amidst the global COVID-19 pandemic, the demand for thermoplastic composites from the industries mentioned above is expected to show a sharp decline in 2020 and would recover post 2020. The global thermoplastic composites market size is expected to grow from USD 22.2 billion in 2020 to USD 31.8 billion by 2025, projecting a CAGR of 7.5% during the forecast period between 2020 and 2025.
- Published: July 2020
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Stryker Corporation (US) and Arjo (Sweden) are Leading Players in the Patient Lateral Transfer Market
The patient lateral transfer market is expected to reach USD 446.2 million by 2025 from USD 288.7 million in 2020, at a CAGR of 9.1% during the forecast period of 2020 to 2025. Due to the outbreak of corona virus globally, there is a sudden rise in the demand for lateral transfer devices. The Growth in this market will majorly be driven by the high risk of musculoskeletal injuries to caregivers during manual handling of patients and the implementation of regulations to minimize manual patient handling. However, the lack of training to caregivers for the efficient operation of patient handling equipment is a key challenge in this market.
- Published: July 2020
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Cisco Systems, Inc. (US) and International Business Machines Corporation (US) are leading players in Intrusion Detection and Prevention Systems Market
The global Intrusion Detection And Prevention Systems (IDPS) market size in the post-COVID-19 scenario is projected to grow from USD 4.8 billion in 2020 to USD 6.2 billion by 2025, at a CAGR of 5.4% during the forecast period. The major factors driving the market include the increasing number of security breaches and cyberattacks.
- Published: July 2020
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Market Leadership - Public Safety-LTE Market
The Public safety LTE market is expected to be valued at USD 5.9 billion in 2020 and is likely to reach USD 15.4 billion by 2025; it is expected to grow at a CAGR of 21.1% during the forecast period. Adoption of LTE technology to eliminate the existing interconnectivity issues between different networks, increase in demand for unmanned vehicles globally, seamless data connectivity offered by LTE technology, and the COVID-19 pandemic is driving the need for efficient and extensive network capacity are expected to help the growth of the PS-LTE market during the forecast period.
- Published: July 2020
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IBM and Collibr are Leading Players in the Data Governance Market
The data governance market is growing at a faster pace, owing to the rapidly increasing growth in data volumes, rising regulatory and compliance mandates, and enhancing strategic risk management and decision-making with the increasing business collaborations. The global data governance market size is expected to grow from USD 2.1 billion in 2020 to USD 5.7 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 22.3% during the forecast period.
- Published: July 2020
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Foremost Companies in the Spirometer Market: Hill Rom (US) and Vyaire Medical (US)
The spirometer market is projected to reach $1,285 million by 2025 from $799 million in 2020, at a CAGR of 11.1%. Growth in this market is largely driven by the rising global incidence of respiratory diseases, increasing aging population, and the technological shift in spirometer devices towards smartphone-based data acquisition. On the other hand, dependence on patient and other human interventions for data will hinder the growth of this market and will remain a challenge.
- Published: July 2020
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NEC (Japan) and Aware (US) are Leading Players in the Biometric-as-a-Service Market
MarketsandMarkets forecasts the global pre-COVID-19 biometric-as-a-service market size to grow from USD 1.5 billion in 2020 to USD 3.7 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 19.7% and post COVID-19 market size is expected to grow from USD 1.4 billion to USD 3.6 billion at a CAGR of of 19.7% during 2020–2025. Increasing users & data-security initiatives by government, growing usage of mobile devices, and rising demand for robust fraud detection and prevention systems across the Banking, Financial Services, and Insurance (BFSI) industry are bolstering the biometric-as-a-service market growth.
- Published: July 2020
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Power Bank Companies - Anker Innovations (China) and AUKEY (China) are the Leading Manufacturers
A power bank is a portable device used as an external power source for recharging electronic devices. It stores electrical energy in its batteries and then supplies this energy as output to recharge other devices. These power banks are commonly used to recharge USB-powered devices such as digital cameras, smartphones, MP3 players, fitness bands, and others. Portable power banks have emerged a vital external energy source for consumer electronics as they are able to supply power to recharge devices on the move. The power bank market is projected to grow from USD 9.0 billion in 2020 to USD 13.4 billion by 2025; it is expected to grow at a CAGR of 8.1% from 2020 to 2025.
- Published: July 2020
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IBM (United States (US)) and Accruent (US) are leading players in Integrated Workplace Management System (IWMS) Market
The Integrated Workplace Management System (IWMS) market size is expected to grow from USD 2.6 billion in 2020 to USD 4.6 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 12.5% during the forecast period. The demand for IWMS is driven by the requirement for improved and efficient operational solutions, which is leading towards an increased sophistication of solutions and services.
- Published: July 2020
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Market Leader - 3D Machine Vision Market
The 3D machine vision market was valued at USD 1.5 billion in 2020 and is projected to reach USD 2.4 billion by 2025; it is expected to grow at a CAGR of 9.4% from 2020 to 2025. The rising awareness of consumers about product quality has led to an increased demand for quality inspection and automation of end products. A growing number of companies are focusing on automation systems to reduce their production costs post-COVID-19. Changes related to high-quality standards have also led to the introduction of factory automation solutions, thereby increasing the demand for 3D machine vision systems and solutions in industries.
- Published: July 2020
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Illumina, Inc. (US), Thermo Fisher Scientific (US) and Merck KGaA (Germany) are Leading Players in the Epigenetics Market
The global epigenetics market is projected to reach USD 3.9 Billion by 2027 from USD 1.7 Billion in 2022, at a CAGR of 18.1% during the forecast period. Significant reduction in the sequencing associated costs is among the key driving factors of the epigenetics market. Advent of affordable NGS systems along with the decline in cost of genome sequencing services boosts the epigenetics sequencing, further driving the market growth. Illumina, Inc. (US) has introduced various affordable NGS solutions over the years, post the launch of its iSeq benchtop sequencer in 2018. Additionally, declining costs have also rendered targeted bisulphite sequencing a feasible option, in turn driving the market growth.
- Published: July 2020
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Market Leader - COVID-19 Impact on 3D Printing Market
Post-COVID-19, the global 3D printing market is estimated to grow from USD 11.4 billion in 2020 to USD 30.2 billion by 2025; it is expected to grow at a CAGR of 18.0% during 2019-2025. The market in 2020 is estimated to experience a drop of more than 19% in comparison to the pre-COVID 2020 estimates. A key reason for this is that although the operation of 3D printers is expected to be high in 2020, most of the activities for which the printers/services are being employed are being done free of cost during this time of need.
- Published: July 2020
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Market Leaders - Coiled Tubing Market
The global coiled tubing market size is expected to grow from an estimated USD 3.0 billion in 2020 to USD 4.0 billion by 2025, at a post COVID-19 CAGR of 5.8% during the forecast period. With the growing demand for primary energy and the rapid rate of maturing oil & gas fields, there are high growth prospects for the coiled tubing market during the forecast period.
- Published: July 2020
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Market Leader - Fatty Alcohols Market
The global fatty alcohols market size is projected to reach USD 7.0 billion by 2025, at a CAGR of 5.2% during the forecast period. The demand for fatty alcohol is primarily driven by the growing demand for fatty alcohol in the home and personal care industry. Furthermore, the consumption of fatty alcohol in the emerging clusters of APAC is increasing mainly because of the rising per capita expenditure on personal care products and the abundant availability of raw materials and cheap labor force. Apart from the above trends, the corona outbreak also has an impact on the fatty alcohol market as there is an increase in demand for industrial & domestic cleaning applications.
- Published: July 2020
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Inmarsat (UK) and Thuraya (UAE) are Leading Players in the Maritime Satellite Communication Market
The global maritime satellite communication market size is expected to grow from USD 2.3 billion in 2020 to USD 3.2 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 7.1% during the forecast period. Escalating need for enriched data communication to improve operation efficiency, on-board security and surveillance, and employee/passenger welfare in the maritime industry is driving the market. Furthermore, The major factor driving the maritime satellite communication market is the need to attain improved connectivity between the land and sea operations and realizing benefits in faster repair times, preventative maintenance, fuel-saving, and real-time navigation.
- Published: July 2020
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Market Leader - Polymer Modified Cementitious Coatings Market
The polymer modified cementitious coatingsmarket is estimated at USD 1.1 billion in 2020 and is projected to reach USD 1.5 billion by 2025, at a CAGR of 6.5% from 2020 to 2025. The residential segment is estimated to lead the polymer modified cementitious coatingsmarket in 2020, owing to The growing urbanization and migration of people from rural areas to urban cities are important factors driving the housing sector. Rising government initiatives to support infrastructure development and construction activities in emerging countries of the Asia Pacific region offer lucrative growth opportunities to manufacturers of polymer modified cementitious coatings. The recent outbreak of the COVID-19 pandemic and its rapid spread across the world has led to economic disruption and has brought down construction activities. Trade, travel, retail, and manufacturing activities have been affected, and the production of construction chemicals has come to a standstill during the first three months of 2020 and is expected to continue till the second quarter of 2020.
- Published: July 2020
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