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Marine Interiors Companies - R&M Group (Germany), Almaco (Finland) are the Key Players
The marine interiors market size is projected to grow from USD 2.7 billion in 2020 to USD 5.8 billion by 2027, at a CAGR of 11.6 % from 2020 to 2027. Factors that are expected to fuel the growth of the marine interiors are the rising cruise refurbishment, increasing demand for river cruises in the US, and the growth of the superyachts market in Asia Pacific and the Middle East.
- Published: June 2020
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Royal Dutch Shell Plc. (Netherlands) and Chevron Corporation (US) are leading players in Antifreeze/Coolant Market
The global antifreeze/coolant market size is projected to grow from USD 5.4 billion in 2020 to USD 5.9 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 1.8% during the forecast year. The growth of this market is attributed to the increasing demand for antifreeze/coolant in automotive and HVAC industries.
- Published: June 2020
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Market Leadership - COVID-19 Impact on Display Panel Market
Post-COVID-19, the global display panel market is projected to grow from USD 107.0 billion in 2020 to USD 152.0 billion by 2025, at a CAGR of 7.3%. The estimation for 2020 is down by ~26% compared to the pre-COVID-19 estimate.
- Published: June 2020
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Market Leadership - Distributed Acoustic Sensing (DAS) Market
The global distributed acoustic sensing (DAS) market is estimated to grow from USD 462 million in 2020 to USD 792 million by 2025; it is expected to grow at a CAGR of 11.4%. Owing to COVID-19, the DAS market is estimated to decline by ~10% for 2019–2020. DAS systems are increasingly being adopted for new applications due to their various advantages, such as immunity toward electromagnetic interference, high range, and long lifespan. With increased digitization in the oil & gas industry, fiber optic sensing technology such as DAS technology has proven itself over the past decade. DAS systems are primarily used for downhole and pipeline monitoring in the oil & gas industry. Given the critical nature of monitoring operations in the oil & gas industry, DAS systems continue to hold significant importance in this field. This has led to the deployment of DAS systems in other industries such as military, infrastructure, and transportation, which is helping in propelling the growth of the market.
- Published: June 2020
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Key players adopted various growth strategies, such as partnerships, agreements, and collaborations, and new product launches further to expand their presence in the COVID-19 Impact on the Facial Recognition Market
MarketsandMarkets forecasts the global facial recognition market size to grow from USD 3.8 billion in 2020 to USD 4.5 billion by 2021, at a Compound Annual Growth Rate (CAGR) of 17.1% during the forecast period. The major growth factors for the facial recognition market include the focus of the government and companies on facial recognition rather than touch-based biometrics. As a result, the demand for facial recognition in monitoring and tracking of people's movement, identity verification, security measures, patient identification, is expected to increase, which, in turn, would result in the adoption of facial recognition technology by Q4 2021.
- Published: June 2020
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Market Leaders - Low-Carbon Propulsion Market
The global low-carbon propulsion market size is projected to grow from 2,980 thousand units in 2020 to 11,640 thousand units by 2027, at a CAGR of 21.5 % during the forecast period. The expected growth of the market can be attributed due to increasing demand for emission-free vehicles and energy-efficient transport, government regulations regarding, fluctuations in fuel prices, and vehicle conversions.
- Published: June 2020
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IBM (US) and SAS Institute (US) are Leading Players in COVID-19 impact on Fraud Detection and Prevention (FDP) Market
As per MarketsandMarkets, the COVID-19 impact on the global Fraud Detection and Prevention (FDP) market size is projected to grow from USD 23.4 billion in 2019 to USD 38.6 billion by 2021, at a Compound Annual Growth Rate (CAGR) of 28.4% during the forecast period, considering the optimistic scenario. Organizations are facing fraud-related risks, both internally and externally. Moreover, the risks have become multi-faceted and can be monetary, regulatory, or reputational caused by fraud types.
- Published: June 2020
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Eaton (Ireland) and IBM (US) are Leading Players in the Energy and Utilities Analytics Market
MarketsandMarkets forecasts the global energy and utilities analytics market size to grow from USD 2.0 billion in 2020 to USD 4.3 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 16.3% during the forecast period. The major growth factor of the energy and utilities analytics market is the mounting adoption of smart meters for enabling two‐way communication between companies and customers. The prioritization of power generation planning and the need for accurate forecasting, and the investments in digital channels to improve customer processes, experience, and perceived customer value are also expected to drive the market growth.
- Published: June 2020
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Market Leader: Increase in Demand for Naturally-Sourced Ingredients Offering Health Benefits under Nutraceutical Applications to Drive the Market Growth for Eggshell Membrane Market
The global eggshell membrane market size is estimated to account for USD 105 million in 2020 and is projected to reach USD 169 million by 2025, recording a CAGR of 10.1% during the forecast period. The market is primarily driven by the increase in the consumption of eggshell membrane majorly in nutraceuticals and cosmetic &personal care applications due to health-related benefits.
- Published: May 2020
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Optical Interconnect Companies - II-VI Incorporated (US) and Lumentum Operations LLC (US) are the Key Players
The optical interconnect market is projected to grow from USD 9.0 billion in 2020 to USD 17.1 billion by 2025; it is expected to grow at a CAGR of 13.7% from 2020 to 2025. The key factors fueling the growth of the market are the rise in the global deployment of datacenters and the surge in the global adoption of cloud computing, big data analytics, and IoT.
- Published: May 2020
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Market Leaders - Asia Pacific Generator Sales Market
The Asia Pacific generator sales market size is expected to grow from an estimated USD 6.8 billion in 2020 to USD 8.8 billion by 2025, at a CAGR of 5.1% during the forecast period. The increasing adoption of hybrid generators, bi-fuel, and inverter generators and electrification of rural areas in developing countries are high growth prospects for the Asia Pacific generator sales market during the forecast period.
- Published: May 2020
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Epic Systems (US) offers a wide range of EHR, revenue cycle and practice management, and population in the COVID-19 Impact on Healthcare Information Technology Market
The global healthcare information technologies market size is projected to reach USD 270.3 billion by 2021 from USD 227.5 billion in 2020, at a CAGR of 23.6% during the forecast period. Some of the leading players in this market are Optum (US), Cerner (US), Cognizant (US), Change Healthcare (US), Philips Healthcare (Netherlands), Epic Systems (US), Dell Technologies (US), and Allscripts (US).
- Published: May 2020
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Foremost Companies in the Ambulatory Surgical Centers Market: Cerner Corporation (US) and Allscripts Healthcare Solutions, Inc. (US)
The Ambulatory Surgical Centers market is projected to reach USD 7.2 billion by 2025 from 2.1 billion in 2020, at a CAGR of 27.6% during the forecast period. In 2019, Cerner Corporation (US), Allscripts Healthcare Solutions, Inc. (US), Epic Systems Corporation (US), and NextGen Healthcare (US) were some of the major players in the Ambulatory Surgical Centers market.
- Published: May 2020
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Market Leader - Food Vacuum Machine Market
The global food vacuum machine market size is projected to grow from USD 12.9 billion in 2020 to USD 16.4 billion by 2025, recording a compound annual growth rate (CAGR) of 5.0% during the forecast period. The increasing demand for shelf-stable products and the rising usage of ready-to-eat food are some of the major factors that are projected to drive the growth of the food vacuum machine market. In addition, the fast growth of the food retail sector is one of the key contributors that is projected to drive market growth.
- Published: May 2020
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Siemens (Germany) and AT&T (US) are Leading Players in the Remote Asset Management Market
The remote asset management market size is projected to grow from USD 16.5 billion in 2020 to USD 32.6 billion in 2025, at a Compound Annual Growth Rate (CAGR) of 14.6% during the forecast period. The major factors driving the growth of the remote asset management market include the surge in the adoption of IoT-enabled remote asset management solutions to manage assets efficiency, decreasing cost of IoT-based sensors optimize asset life cycle through remote asset management solutions, and use of predictive maintenance to boost the adoption of remote asset management, thereby reducing operational costs of remote assets.
- Published: May 2020
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Foremost Companies in the European Medical Devices Market: Zimmer Holdings Inc.(US) and Biomet Inc.(US)
The European medical devices market is projected to reach USD 61.4 billion by 2025 from an estimated USD 48.9 billion in 2020, at a CAGR of 4.7% during the forecast period. Factors such as the rising geriatric population, large and established medical technology industry, increasing number of surgical procedures, growing need for cost-containment in the healthcare industry, and the availability of funding for research and product innovation are driving the growth of this market.
- Published: May 2020
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Valve Controller Companies - Emerson (US) and Metso (Finland) are the Key Players
The valve controller market is projected to reach USD 2.2 billion by 2025 from USD 1.8 billion in 2020. It is expected to register a CAGR of 3.7% during the forecast period. The rising importance of monitoring and controlling in the process industries for improved efficiency, increasing demand for fuel and power, growing need for a connected network to maintain and monitor various equipment in plants, and surging focus on establishing new nuclear plants and upscaling of the existing ones are the key driving factors for the valve controller market. The introduction of IIoT & industry 4.0, need for valve replacement, and the adoption of smart valves to offer improved customer service are among the other factors fueling the valve controller market.
- Published: May 2020
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Foremost Companies in the Veterinary PoC Diagnostics Market: Zoetis, Inc. (US) and IDEXX Laboratories, Inc. (US)
The global veterinary point-of-care diagnostics market size is projected to reach USD 2.4 billion by 2025 from USD 1.4 billion in 2019, at a CAGR of 8.9%. In 2018, IDEXX Laboratories, Inc. (US) and Zoetis, Inc. (US) dominated the global veterinary point-of-care diagnostics industry, accounting for more than ~80–85% of the total market share.
- Published: May 2020
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Sustainable Plastic Packaging Companies - Amcor PLC (Australia) and Sonoco Products Company (US) are the Key Players in the Sustainable Plastic Packaging Market
The global sustainable plastic packaging market size is projected to grow from USD 89.0 billion in 2020 to USD 117.3 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 5.6% during the forecast year. The growth of this market is attributed to the increasing regulations regarding the use of plastics, initiatives by governments and NGOs to promote sustainability in plastic packaging (e.g. - The Ellen McArthur Foundation), and the increasing awareness about the need and benefits of sustainability among the public, especially the youth.
- Published: May 2020
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Tactical Optics Companies - Leonardo S.p.A. (Italy), BAE Systems plc (UK) are the Key Players
The tactical optics market size is projected to grow from USD 9.7 billion in 2020 to USD 13.0 billion by 2025, at a CAGR of 6.1% from 2020 to 2025. The market growth can be attributed to the increase in soldier count in emerging economies and ongoing upgrades to existing systems in developed countries.
- Published: May 2020
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Cardinal Health is one of the major players operating in the Centesis Catheters Market
The global centesis catheters market is projected to reach USD 633 million by 2025 from USD 426 million in 2019, at a CAGR of 6.8%. Growth in the global centesis catheters market can be attributed to factors such as the rising target patient population (particularly patients suffering from cancer, TB, and cardiovascular diseases), growing preference for image-guided centesis procedures, and the increasing evidence for the efficacy of centesis procedures for target diseases. However, premium product pricing and complexities associated with centesis procedures are some of the major factors that are expected to restrain the growth of this market in the coming years.
- Published: May 2020
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Market Leader - Semi-autonomous & Autonomous Truck Market
The global semi-autonomous truck market size is projected to reach 3,254 thousand units by 2025, from an estimated 948 thousand units in 2020, at a CAGR of 28.0%. The base year for the report is 2019, and the forecast period is from 2020 to 2025. The semi-autonomous truck segment has witnessed rapid evolution with governments across the world regulating advanced safety features such as AEB and BSD, and OEMs offering trucks with modern driver-assist features.
- Published: May 2020
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DRE Veterinary (US) and Smiths Group plc (UK) are the Leading Players in the Veterinary Monitoring Equipment Market
The veterinary monitoring equipment market is projected to reach USD 570 million by 2025 from USD 326 million in 2019, at a CAGR of 9.8%. The growth of this market is primarily attributed to factors such as the increasing awareness regarding animal health, increasing focus on animal health among pet owners, growing prevalence of diseases among companion animals, growing companion animal population, rising demand for pet insurance, growing animal health expenditure, and the rising number of veterinary practitioners & income levels in developed economies. The need for continuous pet health evaluation & diagnosis and wearable monitoring devices are gaining recognition as opportunity areas in the market.
- Published: May 2020
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Koninklijke Philips N.V. (Netherlands) and Omron Corporation (Japan) are the Key Players in the Medical Wearables Market
The medical wearables market is projected to reach USD 19.5 billion by 2025 from USD 7.4 billion in 2020, at a CAGR of 21.4% during the forecast period. The growing demand for advanced clinical-grade wearables to streamline complex operational procedures among healthcare organizations has led to a number of product launches & enhancements in recent years. Companies focus on launching innovative solutions to gain a competitive edge and exploit market growth opportunities offered by advanced and next-generation wearables.
- Published: May 2020
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Honeywell Analytics (US) and Honeywell Analytics (US) are Leading Players in the COVID-19 Impact on Gas Sensors Market
The global gas sensors market size during this pandemic is projected to decline from USD 1,025 million in 2020 to USD 1,016 million by 2021, at a Compound Annual Growth Rate (CAGR) of -0.9% during the forecast period. The major factors governing the gas sensors market include the growing demand from OEMs and medical device/equipment manufacturers for the production of critical care systems such as ventilators, respirators, and restricted requirement from automotive, oil & gas and chemicals, and other sectors.
- Published: May 2020
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Market Leader - Risk-based Monitoring Software Market
The risk-based monitoring (RBM) software market is expected to reach USD 511 million by 2025 from USD 273 million in 2020, at a CAGR of 13.3% during the forecast period. The growth in this market is mainly driven by the cost and time efficiency of RBM solutions, rising number of clinical trials, and increasing government funding and grants to support clinical trials. However, the high implementation cost of RBM solutions is expected to restrain the growth of this market during the forecast period.
- Published: May 2020
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Arcelor Mittal (Germany) and Gerdau S.A. (Brazil) are the Leading Players in the in the Long Steel Market
The long steel market size is estimated to be USD 527.0 billion in 2020 and projected to reach USD 636.7 billion by 2025, at a CAGR of 3.9% from 2020 to 2025. Increasing construction and infrastructure activities, rising population levels, and industrialization are the major factors responsible for the growth of the long steel market. However, the recent outbreak of Covid-19 is expected to impact the long steel market severely.
- Published: May 2020
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Market Leaders - Sulfur Fertilizers Market
The global sulfur fertilizers market is estimated to be valued at USD 4.6 billion in 2020 and is projected to reach USD 5.1 billion by 2025, recording a CAGR of 2.2%. The growth of the sulfur fertilizers market is driven by various factors, such as the increase in sulfur deficiency in soils across the world due to strict regulations on sulfur emission and the cultivation of high-yielding crop varieties.
- Published: May 2020
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SEKISUI CHEMICAL CO., LTD (Japan) and Huntsman Corporation (US) are the Key Players in the Technical Foam Market
The global technical foam market size is estimated at USD 9.1 billion in 2020 and is projected to reach USD 15.7 billion by 2025, at a CAGR of 11.6% from 2020 to 2025. The increase in demand for technical foam from the automotive & transportation sector and the rising demand for acoustic solutions to tackle noise pollution are the major factors responsible for the market growth of technical foam. The increase in industrialization has also helped trigger the growth of the technical foam market.
- Published: May 2020
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Battery for IoT Companies - Duracell Inc (Duracell) (US) and Energizer Holdings Inc (US) are the Key Players
The global battery market size for IoT is estimated to grow from USD 9.2 billion in 2020 to USD 15.9 billion in 2025; growing at a CAGR of 11.6% during the forecast period. The major factors driving the growth of the market include the multifold rise of IoT and the increase in the adoption of IoT devices, growing R&D activities by major companies, the growth of wireless communication, which is power-intensive, and the high demand for thin and flexible batteries in IoT devices.
- Published: May 2020
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Cisco (US) and Riverbed (US) are Leading Players in the WAN Optimization Market
The Wide Area Network optimization market size is projected to grow from USD 1.0 billion in 2020 to USD 1.4 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 6.7% during the forecast period. The major factors driving the growth of the WAN optimization market include the rising need to ensure the quality of user experience and productivity, growing number of data centers and branch offices, and increasing cloud-based WAN optimization solutions.
- Published: May 2020
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Blackbaud (US) and WizeHive (US) are Leading Players in the Award Management Software Market
MarketsandMarkets expects the global award management software market is expected to grow from USD 559 million in 2020 to USD 856 million by 2025, at a Compound Annual Growth Rate (CAGR) of 8.9% during the forecast period. The growing need to automate the award process for enhancing correlation between award organizers, judges, and applicants is driving the growth of the award management software market.
- Published: May 2020
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Market Leader - Automotive Headliner Market
The global automotive headliner market size is projected to grow from USD 16.6 billion in 2020 to USD 20.4 billion by 2025, at a CAGR of 4.2% between 2020 and 2025. The major driving factors of the market include an increase in demand for advanced headliners in premium segment vehicles, rising demand for interior styling, perceived quality, and convenience features, and government regulation for lightweight and safety.
- Published: May 2020
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Yaskawa Electric (Japan), Siemens AG (Germany) and Mitsubishi Electric (Japan) are leading players in Servo Motors and Drives Market
The global Servo motors and drives market size will grow to USD 15.8 Billion by 2027 from USD 12.0 Billion in 2022, at a CAGR of 5.7% during the forecast period. The increasing demand for smart manufacturing integrated with energy-efficient devices in the industrial sector is an important driver for the servo motors and drives market.
- Published: May 2020
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FUCHS Group (Germany) and Dutch Shell (Netherlands) are the Key Players in the Bio-lubricants Market
The global bio-lubricants market size is projected to grow from USD 2.0 billion in 2020 to USD 2.4 billion by 2025, at a CAGR of 4.1% during the forecast year. The growth of this market is attributed to the stringent regulations adopted by various countries and increasing acceptance among end users.
- Published: May 2020
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Anechoic Chamber Companies - TDK Corporation (Japan) and ESCO (ETS) (US) are the Key Players
The global Anechoic Chamber market is estimated to grow from USD 1.1 billion in 2020 to USD 1.5 billion by 2025; it is expected to grow at a CAGR of 5.4% from 2020 to 2025 The anechoic chamber market comprises companies from the testing, inspection, and certification industries that are specifically engaged in providing electromagnetic compatibility testing services to manufacturers of electronic components. The purpose of these test products and testing, inspection, and certification services is to improve productivity, help manufacturers meet global standards, and enhance the quality of products. This also helps to assure the end users and consumers that the manufacturers have followed the national and international regulations and industry standards to maintain quality, safeguard public health, and ensure safety. This section discusses the market dynamics such as drivers, restraints, opportunities, and challenges for the anechoic chamber market. The growth of this market is driven by factors such as stringent government regulations against electromagnetic interference (EMI) in the semiconductor industry, high adoption of outsourcing EMC testing by worldwide manufacturers, and growing need for EMC pre-compliance testing. However, the price sensitivity of electromagnetic compatibility testing equipment used in the anechoic chamber is expected to be a major restraining factor for the growth of the anechoic chamber market.
- Published: May 2020
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Market Leaders - Automotive Airbags & Seatbelts Market
The global automotive airbags & seatbelts market size is estimated to be USD 28.2 billion in 2020 and is projected to reach 40.4 billion by 2025, at a CAGR of 7.5% during the forecast period. The government regulations pertaining to vehicle safety and the demand for a safer, efficient, and convenient driving experience are the key factors driving market growth.
- Published: May 2020
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Abu Dhabi National Oil Company (ADNOC) and Marathon Petroleum Corporation (MPC) are the Key Players in the Solid Sulphur Market
The global solid sulphur market size is estimated at USD 3.2 billion in 2020 and is projected to reach USD 3.7 billion by 2025, at a CAGR of 3.0% between 2020 and 2025. The growth of the market is fueled by the sustainable demand for sulphuric acid due to its diversified applications and high demand for sulphur in the agriculture sector, globally.
- Published: May 2020
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Smith and Nephew plc (UK) and MiMedx Group plc (US) are Leading Players in the Biofilms Treatment Market
The biofilms treatment market is projected to reach USD 2.4 billion by 2025 from USD 1.6 billion in 2020, at a CAGR of 7.9%. The growth of this market is largely driven by the rising prevalence of chronic, surgical, and traumatic wounds and the increasing incidence of burn injuries. However, the high cost and low adoption rate of advanced wound care products are expected to limit the growth of this market to a certain extent.
- Published: May 2020
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New Product Launches, Product Development Partnerships & Collaborations and Geographic Expansions are the Major Growth Strategies in the COVID 19 Impact on IVD (In Vitro Diagnostics) Market
The global in-vitro diagnostics market size is expected to be valued at USD 61.7 billion in 2020 and projected to reach USD 77.9 billion by 2025, growing at a CAGR of 4.8% during 2020-2025. Factors such as the increased global burden of chronic & lifestyle diseases, greater patient emphasis on early and accurate disease diagnosis, increased adoption of automated instruments among end-users, rising demand for point-of-care diagnostic solutions, and higher patient awareness about personalized medicine are expected to drive the market growth of the in-vitro diagnostic products during the coming decade.
- Published: May 2020
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Failure Analysis Companies - Thermo Fisher Scientific, Inc. (US) and Hitachi High-Technologies Corporation (Japan) are the Key Players
The failure analysis market is estimated to be valued at USD 3.9 billion in 2020 and is projected to reach USD 5.9 billion by 2025; it is expected to grow at a CAGR of 8.3% from 2020 to 2025. A few key factors driving the growth of this market include imposition of safety rules & regulations by governments and international bodies, rise in demand for failure analysis from the electronics & semiconductor industry, technological advancements in microscopes, and rising focus on nanotechnology and regenerative medicine.
- Published: May 2020
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BASF (Germany) and Perstorp (Sweden) are leading players in Non-Phthalate Plasticizers Market
The non-phthalate plasticizers market size is projected to reach USD 3.9 billion by 2025 at a CAGR of 4.6% from 2020. The demand for non-phthalate plasticizers is increasing, owing to the stringent regulations on phthalate plasticizers and the growing awareness about the harmful effects over the use of phthalate plasticizers.
- Published: May 2020
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Market Leader - Bioinsecticides Market
The global bioinsecticides market size is projected to grow at a CAGR of 15.8% from an estimated value of USD 2.2 billion in 2020 to reach USD 4.6 billion by 2025. Factors such as the increasing awareness of consumers about pesticide residues in crops, growing acceptance of organic food, increase in integrated pest management practices, and the ban of pesticides which are detrimental to the public health and environment has led to a huge demand for bioinsecticides, creating sustainable solutions.
- Published: May 2020
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IBM (US) and Siemens (Germany) are leading players in Internet of Things (IoT) in Energy Market
The global Internet of Things (IoT) in energy market size is expected to grow from USD 20.2 billion in 2020 to USD 35.2 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 11.8% during the forecast period. Major factors expected to drive the growth of the IoT in energy market include IoT in energy boost business productivity, advantage of IoT-based agile systems, and rising instances of cyberattacks.
- Published: May 2020
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Leading Players in Vaccines and Drugs Market Have Entered the Race to Launch Vaccines and Drugs Targeting COVID-19
The global COVID-19 vaccines market is projected to reach USD 1,401 million by 2025 from USD 2,273 million in 2022, at a CAGR of -14.9%% during the forecast period. The growth of the COVID-19 vaccines market is attributed majorly to the rising number of people infected with COVID-19 and increasing funding for vaccine development.
- Published: May 2020
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AMAZON WEB SERVICES (AWS) (US) and IBM (US) are Leading players in the Covid-19 Impact On Edge AI Software Market
Amid COVID-19, the global edge AI software market size is expected to grow from USD 470 million in 2019 to between USD 665 million by 2021, at a Compound Annual Growth Rate (CAGR) of 19.7% during the forecast period. Enterprises supporting remote working capabilities, automation in the manufacturing sector, and increased demand for remote monitoring and predictive analytics to induce investment in IT infrastructure for hyperscalers, edge AI software/platofrm providers, and internet service providers (ISPs) are the major factors driving the market growth. The rise in demand for real-time data analysis and cloud-based business continuity tools and services and suitability of edge cloud environments best suited for the current unprecedented scenario are other parameters driving growth.
- Published: May 2020
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Top Companies in Occupant Classification System (OCS) Market - Robert Bosch GmbH (Germany), Denso Corporation (Japan), ZF Friedrichshafen AG (Germany), Continental AG (Germany), IEE Smart Sensing Solutions (Luxembourg) and Aptiv (Ireland)
The occupant classification system (OCS) market is projected to reach USD 3.95 billion by 2032, from USD 4.00 billion in 2025 at a CAGR of -0.2%. The growth is driven by stringent safety regulations, including FMVSS 208, Euro NCAP standards, and European Regulation (EC) No 78/2009, which set requirements for occupant protection systems, including OCS and airbag deployment.
- Published: May 2020
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Market Leader - Critical Care Devices Market
The global critical care devices market size is projected to reach USD 27,285.4 million by 2021 from USD 37,965.9 million in 2020. The critical care devices market is expected to witness a growth of 44.1% from 2019 to 2020. The ventilators segment is dominated by Philips Healthcare (Netherlands), ResMed Inc. (US), Medtronic plc (Ireland), Becton, Dickinson and Company (US), Getinge Group (Sweden), Dräger Group (Germany), Smiths Group plc (UK), Teleflex Incorporated (US), Hamilton Medical AG (Switzerland), and GE Healthcare (US) are the leading players in the critical care devices industry.
- Published: May 2020
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Market Leader - COVID-19 Impact on Medical Tubing Market
The US medical tubing market size is projected to reach USD 2.9 billion by 2021, at a CAGR of 13.2%.The increase in demand for medical tubes in ventilators is the key factor driving the use of medical tubing. The rising demand for medical devices that incorporate medical tubing and the growing demand for ventilators in this pandemic are propelling the growth of the medical tubing market globally. However, factors such as restricting counterfeit products and fighting time for supply chain and logistics could affect the market growth.
- Published: April 2020
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DHL (Germany) and UPS (US) are the Key Players in the COVID-19 Impact on Logistics & Supply Chain Industry Market
Post COVID-19, the global logistics market size is projected to grow from USD 2,734 billion in 2020 to USD 3,215 billion by 2021, at a Y-O-Y of 17.6%. The major drivers for the market high emphasis on the supply of essential commodities, creation of supply chain stabilization task force to fight COVID-19, and increasing demand and distribution of personal protective equipment.
- Published: April 2020
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