Research Insight

Fire Control System Companies - Elbit Systems Ltd (Israel) and Rheinmetall AG (Germany) are the Key Players

The global fire control system market is projected to grow from USD 5.9 billion in 2018 to USD 7.3 billion by 2023, at a CAGR of 4.37% from 2018 to 2023. Some of the factors that are expected to fuel the growth of the fire control system market are the rising demand for precision weapon systems, advancements in automatic weapon systems, and ongoing military modernization programs worldwide.

• Published: February 2019

ExxonMobil Corporation (US) and Fuchs Group (Germany) are the Key Players in the Compressor Oil Market

The compressor oil market size is estimated to be USD 10.1 billion in 2018 and is projected to reach USD 13.2 billion by 2023, at a CAGR of 5.6% between 2018 and 2023. Industrial growth in growing regions such as APAC and the Middle East & Africa coupled with rising automation in various end-use industries is expected to drive the demand for compressor oil during the forecast period. However, technological advancements and oil rejuvenation act as restraining factors for growth of the compressor oil market.

• Published: February 2019

Siemens (Germany) and Schneider Electric (France) are the Major Players in the Low Voltage Protection and Control Market

The global low voltage protection and control market is expected to grow from an estimated USD 13.2 billion in 2018 to USD 19.8 billion by 2025, at a CAGR of 5.97%. The growth of this market is driven by the increasing demand for renewable energy sources, growing per capita consumption of energy, and demand for safe and secure electrical systems.

• Published: February 2019

Nippon Steel & Sumitomo Metal Corporation (Japan) and Vallourec (France) are the Key Players in the Industrial Tubes Market

The market size of industrial tubes is estimated at USD 478.0 billion in 2018 and is projected to reach USD 632.6 billion by 2023, at a CAGR of 5.8% between 2018 and 2023.Industrial tubes possess unique properties such as strength, malleability, durability, metallurgical stability, formability, thermal stability, rigidity, and chemical & corrosion resistance, which enable them to be used in different forms and end-use industries. These properties are thus expected to drive the demand for industrial tubes during the forecast period.

• Published: February 2019

Less Lethal Ammunition Companies - Safariland Group (US) and Combined Systems, Inc.(US) are the Key Players

The less lethal ammunition market is expected to grow from USD 828 million in 2018 to USD 1,106 million by 2023, at a CAGR of 5.95% during the forecast period. The Safariland Group (US), Combined Systems, Inc. (US), Federal Ammunition (US), Nonlethal Technologies (US), Rheinmetall AG (Germany), ST Engineering (Singapore), and Lightfield Ammunition Corporation (US), among others, are the key players in the less lethal ammunition market.

• Published: February 2019

Market Leader - Filter Integrity Test Market

The global filter integrity test market is projected to reach USD 79 million by 2024 from USD 59 million in 2018, at a CAGR of 5.0% during the forecast period. The growth in this market is mainly driven by the increasing R&D spending across the globe, growth in the biopharmaceutical industry, and increasing purity requirements. Emerging economies and the creation and use of advanced filters are expected to provide new growth opportunities for players in the filter integrity tests market.

• Published: February 2019

Recovered Carbon Black (rCB) Companies - Scandinavian Enviro Systems AB (Sweden) and Pyrolyx (Germany) are the Key Players in the Recovered Carbon Black (rCB) Market

The global market size for recovered carbon black is projected to grow from USD 55 million in 2018 to USD 491 million by 2023, at a compound annual growth rate (CAGR) of 55.0% during the forecast period. The major driving factors of the recovered carbon black market are growing demand for sustainable and environmentally-friendly fillers in tire and non-tire rubber applications, abundant availability of end-of-life tires, and low and fixed price of recovered carbon black.

• Published: February 2019

Aircraft and Marine Turbochargers Companies - Mitsubishi Heavy Industries (Japan) and ABB (Switzerland) are the Key Players

The aircraft and marine turbochargers market is projected to grow from USD 270 million in 2018 to USD 290 million by 2023, at a Compound Annual Growth Rate (CAGR) of 1.41% during the forecast period from 2018 to 2023. The major factors driving the growth of the aircraft and marine turbochargers market are increasing demand for fuel-efficient aircraft engines, growing number of aircraft deliveries, rising demand for light jets from countries such as the US and the UK, and flourishing maritime tourism industry across the globe.

• Published: January 2019

Advantech (China) and Kontron (Germany) are the Major Players in the China Smart Cities Market

The China smart cities market is projected to reach USD 59.9 billion by 2023 from USD 30.4 billion in 2018, at a Compound Annual Growth Rate (CAGR) of 14.5% during the forecast period. The market growth is largely driven by factors, such as increase in population, need for rapid urbanization, and governments’ investment and several policies to speed up the successful implementation and development of smart cities projects.

• Published: January 2019

High Density Interconnect Companies - TTM Technologies (US) and Compeq Co. (Taiwan) are the Leading Manufacturers

The high density interconnect (HDI) market is expected to grow from USD 9.5 billion in 2018 to USD 16.9 billion by 2023, at a CAGR of 12.3% from 2018 to 2023. A few key factors driving the growth of this market are increasing adoption of advanced electronics and safety measures in the automotive vertical and growing demand for smart consumer electronics and wearable devices.

• Published: January 2019

Agreement and investment & expansion were among the key strategies adopted by the leading players to strengthen their position in the Low Profile Additives Market

The low profile additives market is projected to grow from USD 381 million in 2018 to USD 664 million by 2023, at a CAGR of 11.8%. Major drivers for the low profile additives market include increasing demand for SMC/BMC in the automotive industry and growth in electrical appliances demand owing to rapid urbanization. Companies such as Wacker Chemie (Germany), LyondellBasell Industries (Netherlands), Polynt-Reichhold Group (Italy), AOC Aliancys (Italy), and Interplastic Corporation (US) operating in the low profile additives market have adopted both organic and inorganic growth strategies such as merger & acquisition, investment & expansion, and agreement to serve their customers efficiently and increase their market shares.

• Published: January 2019

Aggreko (UK) and Rental Solutions & Services (RSS) are the Major Players in the Middle Eastern Temporary Power and Cooling Market

The Middle Eastern temporary power market is projected to reach USD 1,102 million by 2023 at a CAGR of 12.12% from an estimated USD 622 million in 2018, whereas the Middle Eastern temporary cooling market is projected to reach USD 305 million by 2023 at a CAGR of 5.78% from an estimated USD 230 million in 2018. In 2018, both the temporary power and temporary cooling markets in Saudi Arabia are estimated to be the largest, followed by UAE. Factors such as a large number of events in the region, lesser turnaround time, and power shortage during high demand are driving the Middle Eastern temporary power and cooling market.

• Published: January 2019

IBM (US) and Microsoft (US) are leading players in Connected Agriculture Market

The global connected agriculture market size is expected to grow from USD 1.8 billion in 2018 to USD 4.3 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 19.3% during the forecast period. Growing need to increase farm yield and reduce labor, government initiatives to deploy modern agricultural techniques, and rising pressure to meet the global demand for food are some of the major factors driving the growth of connected agriculture market.

• Published: January 2019

Acquisition was the Key Strategy Adopted by Leading Players in the Coalescing Agents Market.

The coalescing agents market size is expected to grow from USD 1.0 billion in 2018 to USD 1.3 billion by 2023, at a CAGR of 4.9%. The global coalescing agents market is expected to be driven by various factors such as increasing demand from emerging economies and growing demand for environmentally-friendly coalescing agents. Apart from this, expansion in end-use industries such as automotive and construction is likely to increase the demand in applications such as high-quality paints & coatings and adhesive & sealants.

• Published: January 2019

VOC Sensors and Monitors Companies - Honeywell (US) and Aeroqual (New Zealand) are the Major Players

Volatile organic compounds (VOCs) are a wide range of carbon-based (organic) compounds that are found in various manmade as well as natural solids and liquids, which evaporate easily at ambient temperatures. These are extremely hazardous gasses and pose a threat to human health. VOC sensors and monitors are employed to measure and monitor these compounds to keep a check on their concentrations. The VOC sensors and monitors market is expected to grow from USD 140 million in 2018 to USD 176 million by 2023, at a CAGR of 4.6%. Increasing enforcement of occupational health and safety regulations by governments is among the prime factors driving the VOC sensors and monitors market. Besides this, growing awareness regarding controlled air quality, and rising demand for VOC sensors and monitors from developing countries are other major factors fueling the growth of the said market.

• Published: January 2019

Evonik Industries (Germany) and Hexion Inc. (US) are the Major Players in the Curing Agents Market

The market size of curing agents is estimated to be USD 4.2 billion in 2018 and is projected to reach USD 5.9 billion by 2023, at a CAGR of 6.80%. The growth of its application such as coatings, electrical & electronics, composites, adhesives, construction, and wind energy is the key factor driving the curing agents market.

• Published: January 2019

Market Leaders - Vehicle Scanner Market

The vehicle scanner market is projected to grow at a CAGR of 6.28% during the forecast period to reach USD 2.3 billion by 2025 from an estimated USD 1.5 billion in 2018. The base year for the report is 2017, and the forecast period is from 2018 to 2025. The growth of the vehicle scanner market is influenced by factors such as security awareness, infrastructure development, and the stringent safety measures taken by various regions such as North America, Europe, and the Middle East. Additionally, increased demand for portable vehicle scanners is expected to boost the vehicle scanner market.

• Published: January 2019

Denso (Japan) and Delphi Technologies (UK) are Leading players in Vehicle Inverters Market

The vehicle inverters market is projected to grow at a CAGR of 17.57% during the forecast period to reach USD 7.7 billion by 2025 from an estimated USD 2.5 billion in 2018. The base year for the report is 2017, and the forecast period is from 2018 to 2025. The growth of the vehicle inverters market is influenced by factors such as the rise in stringent emission norms to prevent environmental impact, increasing sales of electric vehicles globally, and subsidies and tax rebates issued by several governments. Additionally, the increasing use of various handheld devices and household appliances in ICE vehicles is fueling the demand for vehicles inverters in ICE vehicles globally.

• Published: January 2019

Track Geometry Measurement System Companies - ENSCO (US) and Fugro (Netherlands) are the Key Players

The track geometry measurement system (TGMS) ensures rail safety by employing various measuring equipment to record railway track geometry conditions. The system is a combination of hardware and software components that derive track geometry parameters. The TGMS market is expected to be valued at USD 2.8 billion in 2019 and is likely to reach USD 3.7 billion by 2024, at a CAGR of 6.00% during the forecast period. Presence of various standards and regulations in the railway industry and need for track geometry measurement systems to meet those standards are among the key driving factors for the TGMS market. Adopting track geometry measurement systems for track maintenance and growing network of metro lines and high-speed railway lines are among the other factors fueling the growth of the TGMS market.

• Published: January 2019

3M (US) and Huntsman International LLC. (US) are the two Major Players in the Aerospace Adhesives & Sealants Market.

The aerospace adhesives & sealants market size is estimated at USD 775 million in 2018 and is projected to reach USD 1,008 million by 2023, at a CAGR of 5.4%. The demand for aerospace adhesives & sealants is driven by the focus of OEMs to manufacture lightweight and fuel-efficient aircraft. Moreover, the growth of the aerospace industry due to the increasing air traffic in the emerging economies is driving the demand for aerospace adhesives & sealants.

• Published: January 2019

Adobe (US) and Google (US) are leading players in Marketing Attribution Software Market

The global marketing attribution software market size is expected to grow from USD 1.8 billion in 2018 to USD 3.6 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 14.4% during the forecast period. The major factors driving the growth of the marketing attribution software market are rising need to optimize marketing spend and effective tracking of customer behavior for targeted marketing activities.

• Published: January 2019

Load Monitoring System Companies - Flintec (Sweden) and Mettler Toldo (Switzerland) are the Key Players

A load monitoring system is a combination of load cells, load indicators and controllers, and data logging software that helps monitoring strain or compression in various industries such as marine, construction, automotive, food & beverages, healthcare, aerospace, and agriculture. The types of load cells used for load monitoring includes single beam, S-type, dual shear, bending beam, compression, load link, load pin, and load shackle. Load monitoring system uses either analog or digital technology. The growth of the market is mainly attributed to the growing demand for load cells in the healthcare industry, increasing use of load monitoring system for testing and monitoring aircraft parts and reduce instrumental errors, and rising demand for remote load monitoring. The load monitoring system market is expected to reach USD 3.33 billion by 2024 from USD 2.63 billion by 2018, at a CAGR of 4.0% during 2018–2024. Spectris (UK), Mettler Toledo (Switzerland), and Precia Molen (France) are the leading players in the load monitoring system market.

• Published: January 2019

Linear Motion Companies - THK Co., Ltd. (Japan) and NSK Ltd. (Japan)are the Key Players

The linear motion market is expected to reach USD 4.4 billion by 2024 from USD 3.2 billion by 2018, at a CAGR of 5.3%. Major factors driving the market growth are increasing need for quality inspection and automation, reduced time-to-market, and growing demand for the miniaturization of electronic devices in the semiconductor industry.

• Published: January 2019

New Product Launches & Developments was the Most Preferred Development Strategy Adopted by Companies to Strengthen their Presence in the Low GWP Refrigerants Market

The low GWP refrigerants market size is expected to grow from USD 16.5 billion in 2018 to USD 28.7 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 11.7% during the forecast period. The major factors driving the low GWP refrigerants market are the low environmental impact of low GWP refrigerants, phasing out of CFC, HCFC, and HFC refrigerants, and the increasing demand for refrigerants and air conditioners across the globe.

• Published: January 2019

Smart Pneumatics Companies - Emerson Electric Co. (US) and Festo AG & Co. KG (Germany) are the Key Players

Pneumatics is a well-established technology that is preferred for a wide variety of applications owing to its inherent simplicity, reliability, and safety. With the increasing popularity of Industry 4.0, pneumatic systems manufacturers are leveraging IoT to build smart systems. Smart pneumatics can be defined as any pneumatic equipment that incorporates sensors and communications technology to provide operational feedback to controller units. The global smart pneumatics market was valued at USD 3.3 billion in 2018 and is projected to reach USD 4.6 billion by 2023, at a CAGR of 6.7% from 2018 to 2023. Factors such as growing awareness toward predictive maintenance, penetration of digitization and IIoT, and need for wireless infrastructure to maintain/monitor equipment in plants are driving the growth of the smart pneumatics market.

• Published: January 2019

New product launches and expansions were the most preferred development strategies followed by companies to strengthen their presence in the Sensor Bearing Market

The sensor bearing market size is expected to grow from USD 5.1 billion in 2018 to USD 6.5 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period. The major factors driving the sensor bearing market are the increasing demand for sensor bearings from end-use industries, such as automotive and transportation, and the enforcement of stringent regulations related to the mandatory installation of ABS systems in cars in various Asia Pacific and European countries.

• Published: January 2019

Display Driver Companies - ADT (US) and Moni (US) are the Key Players

The display driver market is estimated to grow from USD 7.1 billion in 2018 to USD 9.1 billion by 2023, at a CAGR of 5.1% between 2018 and 2023. The market is growing due to the increasing demand for OLED and flexible displays, adoption of highly priced and advanced display drivers, and growth in automotive display market. Growth in the use of 4K and 8K televisions and availability of UHD content; and evolving role of DDICs in individual components and single integration chips also drive the growth of the market for display driver ICs.

• Published: January 2019

Key players adopted growth strengthen their product portfolios and maintain a competitive position in the Back-end Revenue Cycle Management Market

The back-end revenue cycle management market is projected to reach USD 10.4 billion by 2023 from USD 8.1 billion in 2018, at a CAGR of 5.0%. Factors such as the growing importance of denials management, increasing patient volume, process improvements in healthcare organizations, and declining reimbursement rates are driving the growth of the back-end revenue cycle management market. Also, growth opportunities in emerging markets, cloud-based solutions, artificial intelligence in health insurance, and rising adoptions of EHR’s may act as an important boosting factor for the exponential growth of back-end revenue cycle management market. On the other hand, the high cost of deployment, integration of back-end revenue cycle management solutions, data breaches and loss of confidentiality, and lack of skilled IT professionals in healthcare are the key factors that are expected to restrain market growth to a certain extent during the forecast year.

• Published: January 2019

CyberArk (US) are Oracle (US) are leading players in Digital Vault Market

The global digital vault market size is expected to grow from approximately USD 471 million in 2018 to USD 892 million by 2023, at a Compound Annual Growth Rate (CAGR) of 13.6% during the forecast period. The regulatory requirements to protect sensitive data and rising adoption of connected devices, which spur the demand for data security capabilities, are major growth factors for the digital vault market.

• Published: January 2019

New product launches, acquisitions, and partnerships, to expand their product portfolios and grow further in the End User Experience Monitoring Market

The global End User Experience Monitoring (EUEM) market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 20.7% during the forecast period, to reach USD 3.7 billion by 2023 from USD 1.5 billion in 2018. Increased productivity, reduced time and costs, and enhanced focus on end user experience are expected to spur the demand for EUEM offerings across the globe.

• Published: January 2019

Hybrid Fiber Coaxial Companies - Arris (US) and Huawei (China)are the Key Players

The hybrid fiber coaxial market (HFC) is expected to grow from USD 9.6 billion in 2018 to USD 13.6 billion by 2023, at a CAGR of 8.02% during 2018–2023. The market has been segmented based on technology, component, and geography.

• Published: January 2019

Market Leader - Road Marking Materials Market

The road marking materials market is projected to grow from USD 6.1 billion in 2020 to USD 7.5 billion by 2025, at a CAGR of 4.4% from 2020 to 2025. The major reasons for the growth of the road marking materials market include increased spending on safer roads, and new infrastructure and roadway projects in emerging economies. These factors are responsible for driving the demand for road marking materials market.

• Published: January 2019

New product launches, product enhancement, and collaborations were the widely adopted strategy by the major players from 2016 to 2018 in High Performance Computing as a Service Market

The High Performance Computing as a Service (HPCaaS) market is projected to reach USD 10.0 billion by 2023 from USD 5.7 billion in 2018, at a CAGR of 11.9% during the forecast period. Market growth is largely driven by factors such as the faster deployment of new products and services, access to better technologies, and reduced capital costs.

• Published: January 2019

Players adopted various growth strategies, such as partnerships, agreements, and collaborations and new product launches, to further expand their presence in the IoT in Education Market

The global IoT in education market size is expected to grow from USD 4.8 billion in 2018 to USD 11.3 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 18.8% during the forecast period. Major growth factors for the IoT in education market include an increasing use of connected devices in education institutions, rapid adoption of eLearning, and availability of cloud-based solution.

• Published: January 2019

Automatic Weapons Companies - General Dynamics Corporation (US) Corporation and Northrop Grumman Corporation an are the Key Players

The automatic weapons market is expected to grow from an estimated USD 6.0 billion in 2018 to USD 8.7 billion by 2023, at a CAGR of 7.82% during the forecast period. General Dynamics Corporation (US), Northrop Grumman (US), Rheinmetall AG (Germany), ST Engineering (Singapore), and KBP Instrument Design Bureau (Russia), among others, are the key players in the automatic weapons market. These companies are expected to continue to lead the market during the forecast period.

• Published: January 2019

Straumann AG (Switzerland), Geistlich Pharma AG (Switzerland), Zimmer Biomet Holdings, Inc. (US), Danaher Corporation (US), Dentsply Sirona, Inc. (US), Royal DSM (Netherlands), Carpenter Technology Corporation (US), Kuraray Co., Ltd (Japan) are the leading players in Dental Biomaterial Market

The global dental biomaterials market is projected to reach USD 9.6 billion by 2023 from USD 6.7 billion in 2018, at a CAGR of 7.4%. The increasing prevalence of dental disorders, rising geriatric population, growing dental tourism in developing countries, and increasing disposable income are the major factors driving the growth of this market. On the other hand, stringent regulatory and clinical processes are expected to restrain market growth to a certain extent.

• Published: January 2019

Verisk 3E Company (US) and Enviance (US) are leading Players in Product Stewardship Market

The product stewardship market is projected to grow from USD 777 million in 2018 to USD 1,143 million by 2023, at a Compound Annual Growth Rate (CAGR) of 8.0% from 2018 to 2023. The major factors driving the growth of the product stewardship market are growing awareness among organizations to ensure health and safety of their employees and environment protection, increasing requirement of enterprises to publicize their environmental, health, and safety initiatives, and complying with various environmental regulations and government guidelines.

• Published: January 2019

New Product Launches and Expansions were the Most Preferred Development Strategies Followed by Companies to Strengthen their Presence in the Transcritical CO2 Systems Market.

The transcritical CO2 systems market size is expected to grow from USD 27.2 billion in 2018 to USD 61.8 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 17.9% during the forecast period. The major driving factors for the transcritical CO2 systems market are low environmental impact of transcritical CO2 systems, phasing out CFC, HCFC, and HFC refrigerants, increasing demand for refrigeration and air-conditioning applications and lower operating cost of transcritical CO2 refrigeration systems.

• Published: January 2019

Market Leader - Livestock Grow Lights Market

The global livestock grow lights market size is projected to grow from USD 6.3 billion in 2018 to USD 8.6 billion by 2023, at a CAGR of 6.4% during the forecast period. Increasing consumption of animal-based products and rising focus on livestock productivity as well as livestock welfare are projected to drive the market for grow lights.

• Published: January 2019

Terrestrial Laser Scanning Companies - 3D Digital Corporation (US), Carl Zeiss Optotechnik (Germany) are the Key Players

The terrestrial laser scanning market size is expected to grow from USD 3.0 billion in 2018 to USD 4.4 billion by 2023, at a CAGR of 8.17% during the forecast period. Increasing demand for surveys and 3D laser scanning for BIM applications in Asia Pacific and the Middle East is one of the major factors driving this market.
Major players in the terrestrial laser scanning market include

Major Terrestrial Laser Scanning Companies Include:

• 3D Digital Corporation (US)
• Carl Zeiss Optotechnik (Germany)
• Creaform (Canada)
• FARO Technologies (US)
• Maptek (Australia)

These players have adopted various growth strategies, such as acquisitions, new product launches, and collaborations, to expand their presence in the terrestrial laser scanning market. Partnerships and new product launches have been the leading strategies adopted by major players from 2016 to 2018, which helped them innovate their offerings and expand their customer bases.

• Published: January 2019

IBM (US) and Google (US) are leading players in Data Classification Market

MarketsandMarkets expects the global data classification market to grow from USD 536 million in 2018 to USD 1,661 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 25.4% during forecast period. Regulatory compliance, growth in uncontrolled data volumes, and increased security risks are expected to drive the data classification market.

• Published: January 2019

Market Leadership - Substrate-Like PCB Market

The global substrate-like PCB market is expected to grow from USD 1.1 billion in 2018 to USD 2.6 billion by 2024, at a compound annual growth rate (CAGR) of 15.6% during the forecast period. Major factors driving the growth of the substrate like PCB market are high adoption of SLPs by leading OEMs and surge in demand for smart consumer electronics and wearable devices.

• Published: January 2019

SABIC (Saudi Arabia) and Victrex (UK) are the Leading Players in the Aerospace Plastics Market

The aerospace plastics market is projected to grow from USD 14.7 billion in 2018 to USD 20.7 billion by 2023 at a CAGR of 7.1% from 2018 to 2023. The growth of the aerospace plastics market can be attributed to the increasing demand for lightweight and more efficient aircraft, increase in passenger transportation due to affordable carriers in emerging regions, replacement of old aircraft and modernization of existing aircrafts, and growth of the aviation industry in developing economies.

• Published: January 2019

AWS(US) and IBM(US) are the Major Players in the Cloud Datawarehouse Market

The global Cloud Data Warehouse Market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 22.3% during the forecast period, to reach USD 12.9 billion by 2026 from USD 4.7 billion in 2021. Key factors that are expected to drive the growth of the market are the increasing role of business intelligence and data analytics in the enterprise management, growing dependence on data-driven decision-making to improve business performance, and requirement of regulatory governance and security.

• Published: January 2019

BASF (Germany) and DowDuPont (US) are the Key Players in the Wearable Materials Market

The market size for wearable materials is estimated at USD 1.5 billion in 2018 and is projected to reach USD 2.9 billion by 2023, at a CAGR of 15.0% between 2018 and 2023. Increasing demand for low-cost wearables, rise in chronic health conditions, and increasing disposable income is expected to drive the demand for wearable materials during the forecast period.

• Published: January 2019

Hisamitsu Pharmaceuticals, Mylan and Novartis are leading players in Transdermal Drug Delivery Systems Market

The transdermal drug delivery systems market is projected to reach USD 7.1 billion by 2023 from an estimated USD 5.7 billion in 2018, at a CAGR of 4.5% during the forecast period of 2018 to 2023.  Market growth is largely driven by the global increase in the prevalence of chronic diseases. In addition, technological advancements in transdermal drug delivery systems are also expected to support market growth in the coming years.

• Published: January 2019

Sekisui Plastics Co., Ltd. (Japan) and NOVA Chemicals Corporation (Canada) are the Key Players in the Specialty Polystyrene Resin Market

The specialty polystyrene resin market size is projected to grow from USD 111 million in 2018 to USD 126 million by 2023, at a CAGR of 2.64% during the forecast period. The major driving factors in the specialty polystyrene resin market are its properties such as protection (from moisture, rust, dust, and others) in applications, such as packaging, healthcare, and cosmetics and insulation properties in the building & construction and automotive & transportation industries.

• Published: January 2019

Market Leader - Microgrid Control System Market

The global microgrid control system market is expected to grow from an estimated USD 2.0 billion in 2018 to USD 3.6 billion by 2023, at a CAGR of 13.01%. Factors such as increasing demand for reliable and resilient power supply worldwide, increasing government investments in microgrid projects and growing adoption of renewable resources are driving the microgrid control system market.

• Published: January 2019

General Electric Company (US) and Koninklijke Philips N.V. (Netherlands) are leading players in Medical Imaging Workstations Market

The global medical imaging workstations market is projected to reach USD 1,377 million by 2023 from USD 897 million in 2018, at a CAGR of 8.9%. The rising global burden of target diseases, increased product commercialization, rising public-private investments to support product development, evolving user preference for digital platforms, and the establishment of new medical facilities are the major factors driving the growth of the global medical imaging workstations market.

• Published: January 2019

Key Players Adopted Various Growth Strategies, such as new Product Launches, Partnerships, Agreements, and Acquisitions, to Further Expand their Presence in the Middle East Cloud Applications Market

MarketsandMarkets expects the middle east cloud applications market to grow from USD 2.0 billion in 2019 to USD 4.5 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 17.5% during the forecast period. The growing number of investments in digitization are expected to spur the demand for cloud applications across the Middle East.

• Published: January 2019