Research Insight

CRRC (China), Alstom (France) and Siemens (Germany) are leading players in Railway System Market

The railway system market is projected to grow from USD 25.1 billion in 2022 to USD 30.9 billion by 2027, at a CAGR of 4.2%. Increasing preference for rail public transport to reduce traffic congestion and growing demand for energy-efficient transport are driving the railway system market.

• Published: August 2022

Increasing demand for extended product lifetime and reduced maintenance drive the MRO Protective Coatings Market during the forecast period

The global MRO protective coatings market size is expected to grow from USD 5.4 billion in 2022 to USD 7.0 billion by 2027, at a CAGR of 5.5% during the forecast period. MRO protective coatings are thin films applied to steel, concrete, and other materials to enhance certain properties, such as corrosion resistance, wear resistance, and conductivity. These coatings are manufactured with common polymers, such as epoxy, polyurethane, acrylic, alkyd, and polyester. MRO protective coatings are used to protect a wide variety of generally large structures from process tanks in the oil & gas industry to critical infrastructures such as bridges and water tanks. In many cases, the structures are exposed to harsh environments—corrosive chemicals, high heat, and/or extreme cold. As a result, performance remains the top differentiator. Sustainability is becoming an increasingly important issue due to both changing regulatory requirements and end-user expectations.

• Published: August 2022

GomSpace (Denmark) and Lockheed Martin (US) are leading players in Nanosatellite and Microsatellite Market

MarketsandMarkets forecasts the global nanosatellite and microsatellite market size is expected to grow USD 2.8 billion in 2022 to USD 6.7 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 19.3%  during the forecast period.

• Published: August 2022

Market Leaders : Syngenta AG and FMC Corporation are Focusing on Partnerships, Expansions, and New Product Launch Strategies to Strengthen their Market Position in Biocontrol Market

The global biocontrol market is estimated to be valued at USD 6.6 billion in 2022. It is projected to reach USD 13.7 billion by 2027, recording a CAGR of 15.8% during the forecast period. Agricultural crop protection solutions are crucial for pest management in the fields. Chemical-based pesticides are currently dominating the market. However, due to rise in incidences of insect infestation, pest resistance, rise in consumer awareness and subsequently in organic food demand, along with strict environmental regulations are pushing the demand for biocontrol solutions, particularly biopesticides which are relatively safer and have quick development procedures than conventional pesticides. Biocontrol solutions are broadly categorized into biopesticides and semiochemicals. Biopesticides include bioinsecticides, biofungicides, bionematicides and bioherbicides. Semiochemicals include pheromones and allelochemicals. They are developed through natural sources such as microbials, biochemicals and macrobials.

• Published: August 2022

Foremost Companies in the Sinus Dilation Devices Market: Johnson & Johnson (US) and Stryker (US)

The global sinus dilation devices market is expected to reach USD 3.8 billion by 2027 from USD 2.8 billion in 2022, at a CAGR of 6.6% during the forecast period. The growth of this market is majorly driven by High prevalence of chronic sinusitis and Benefits of balloon dilation procedures over traditional endoscopic sinus surgeries. However, Dearth of skilled otolaryngologists, ENT surgeons, and endoscopists is one of the challenges for which may hinder the growth of this market.

• Published: August 2022

Market Leaders : Cargill and Tata & Lyle Continue to bring Innovative Solutions and Expanding Their Production Capacities to Further Strengthen Their Presence in the Food Inclusions Market

The food inclusions market size is estimated to be valued at USD 13.4  billion in 2022 and is projected to reach USD 18.7 billion by 2027, recording a CAGR of 6.9% during the forecast period in terms of value. The demand for food inclusions is projected to grow during the forecast period owing to the growth of the convenience foods such as bakery products, breakfast cereals, and snack bars, globally. The changing dietary habits have led to a significant rise in the consumption of convenience food worldwide, which in turn is expected to fuel the demand for food inclusions.

• Published: August 2022

UBE Industries Ltd. (Japan) and Mitsubishi Chemical Corporation (Japan) are Leading Players in the Polycarbonate Diols Market

The global polycarbonate diols market is projected to grow from USD 249 Million in 2022 to USD 328 Million by 2027, at a CAGR of 5.7% during the forecast period. The major driving factors for the growth of the polycarbonate diols market are the rising demand for the high performance polyurethane in several end-use industries such as synthetic leathers, paints & coatings, adhesives & sealants, and elastomers, among others.

• Published: August 2022

Market Leader - Concentrating Solar Power Market

The global concentrating solar power market size is estimated to be USD 6.0 billion in 2022 and is projected to reach USD 19.9 billion by 2027; it is projected to grow at a CAGR of 26.9% during the forecast period.. The key drivers for the concentrating solar power market include support from governments to enable the adoption of renewable technologies, and the integrability of CSP systems with thermal storage systems.

• Published: August 2022

Wireless Connectivity Companies - Qualcomm Incorporated (US) and Broadcom (US) are the Key Players

The key factors driving the growth of the wireless connectivity market are increasing demand for wireless sensor networks in the development of smart infrastructure, and growing trends such as work from home and virtual learning. The Wireless Connectivity market is projected to grow from USD 109.3 billion in 2022 to USD 199.3 billion by 2027; it is expected to grow at a CAGR of 12.8% from 2022 to 2027. The sizable adoption internet across the continents supported by increased need of LPWAN and WPAN connectivity technologies is anticipated to drive the market demand of wireless connectivity technologies significantly

• Published: August 2022

Apollo Endosurgery, Inc. (US), Johnson & Johnson (US), Medtronic Plc (Ireland), Cook Group Incorporated (US), USGI Medical (US) are the leading players in the Endoluminal Suturing Devices Market

The global endoluminal suturing devices market is projected to reach USD 139 million by 2027 from USD 78 million in 2022, at a CAGR of 12.0%. Growth in the market is mainly driven by the increasing number of surgical procedures worldwide and the rising prevalence of gastrointestinal cancers, inflammatory bowel disease, and other digestive diseases. However, the increased preference for alternative wound care management products is expected to restrain the growth of this market.

• Published: August 2022

NVIDIA (US), Roblox Corporation (US), Unity Technologies (US) and Meta Platforms Inc. (US) are leading players in Metaverse Market

The global metaverse market for automotive is projected to grow from USD 1.9 billion in 2022 to USD 16.5 billion by 2030, at a CAGR of 31.4%. Factors such as increasing demand for smart manufacturing (using digital factories and virtual twins for manufacturing), virtual car design (to save costs in the design and testing phase), in-car AR/VR based infotainment systems, virtual showrooms (for providing immersive experiences to users), simulation & training along with virtual advertisement will increase demand for metaverse in the automotive industry.

• Published: August 2022

Market Leaders : Enviroflight (US), Innovafeed (France), Hexafly (Ireland), Protix (Netherlands), and Global Bugs (Thailand) are Increasing Their Respective Market Shares Steadily Through New Product Launches, Partnerships, and Expansions in Insect Protein Market

The insect protein market is projected to reach USD 3.3 billion by 2027, growing at a CAGR of 33.4% from 2022 to 2027. There are multiple advantages associated with insect protein. Not only in terms of nutrition, but also in terms of a sustainable environment. Certain insects are used as a substitute for various meat products to fulfil the growing demand of nutritious food. Insect protein-based food products are significantly paving their way towards becoming a sustainable source of protein, further propelling the market growth.

• Published: August 2022

Space Launch Services Companies - Space X (US) and Arianespace (France) are the Key Players

MarketsandMarkets: The space launch services market is estimated at USD 16.9 billion in 2022 and is projected to reach USD 29.6 billion by 2027, at a CAGR of 15.1% during the forecast period. The growth of space launch services can be attributed to the increasing demand for payload launches from various end users, including commercial and government sectors, military organizations, space agencies, defense organizations, satellite operators, and private companies. SpaceX (US), Arianespace (France), China Aerospace Science and Technology Corporation (China), United Launch Alliance (US), and Northrop Grumman Corporation (US) are the leading players in the market.

• Published: August 2022

Foremost Companies in the Patient Access /Front-end RCM Solutions Market: McKesson Corporation (US) and Optum, Inc. (US)

The global patient access solutions market is projected to reach USD 2.9 billion by 2027 from an estimated USD 1.9 billion in 2022, at a CAGR of 8.9% during the forecast period. Growth in this market is driven by the increasing patient volume and subsequent growth in the demand for health insurance, an increase in the volume of unstructured data in the healthcare industry, and the rising need to curtail escalating healthcare costs. However, high deployment costs are expected to restrain the growth of this market to a certain extent.

• Published: August 2022

Robert Bosch (Germany), Continental AG (Germany), Denso Corporation (Japan) and BorgWarner (US) are leading players in Automotive Valves Market

The increased demand for automotive valves such as automotive transmission control, A/C valve and thermostat valves is owing to increase in demand for comfort in vehicle and further stringent emission standards. Additionally. Increased automation in vehicle has pushed the market for solenoid valves. The automotive valves market is estimated to witness high growth in developing countries such as Mexico, India, Brazil, and Russia. The market growth in these countries can be attributed to a significant increase in the production of passenger cars.

• Published: August 2022

Market Leader - Cloud Performance Management Market

MarketsandMarkets forecasts the global Cloud Performance Management market to grow from USD 1.5 billion in 2022 to USD 3.9 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 17.6% during the forecast period. The major factors driving the growth of the Cloud Performance Management market include increasing penetration of mobile devices and easy availability of internet, and growing demand for cloud usage.

• Published: August 2022

Foremost Companies in the Legionella Testing Market: Thermo Fisher Scientific, Inc. (US) and Merck KGaA (Germany)

The global legionella testing market is projected to reach USD 439 million by 2027 from USD 296 million in 2022, at a CAGR of 8.2% during the forecast period. Growth in this market is mainly driven by rising demand for rapid diagnostics, increasing disease incidence, advancements in bacterial testing, and water testing regulations. However, a lack of reimbursement and difficulties in detection may affect market growth.

• Published: August 2022

Huawei (China) and Verizon Communications Inc. (US) are leading players in mmWave 5G Market

The mmwave 5G market size is expected to grow from USD 2.5 billion in 2022 to USD 4.9 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 14.7% during the forecast period. To deliver added capacity and high throughput in 5G networks there is increasing adoption of mmWave spectrum and it is driving the growth of the mmwave 5G market.

• Published: August 2022

Market Leaders : Cargill and ADM are Focusing on Expanding their business to Consolidate their position in the Phytogenic Feed Additives Market

The global phytogenic feed additives market is estimated to be valued at USD 864 million in 2022. It is projected to reach USD 1,223 million by 2027, with a CAGR of 7.2%, in terms of value between 2022 and 2027. The phytogenics cater to a large number of livestock animals such as poultry, swine, ruminants, aquatic animals, and other animals including pets and equines and their demand have been increasing across the various feed industries in  recent years owing to the rise in demand for natural additives to enhance livestock performance.

Key players in this market include  Cargill (US), ADM (US), DuPont (US), DSM N.V. (Netherlands), Land O’ Lakes (US), Adisseo (France), Nutreco (Netherlands), Kemin Industries (US), Natural Remedies (India), and Nor Feed (France) among others.

• Published: August 2022

Market Leader - Smart Shelves Market

MarketsandMarkets forecasts the global Smart Shelves market size is expected to grow from an estimated value of USD 3.0 billion in 2022 to USD 8.3 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 22.4% from 2022 to 2027. Increased use of technologies like IoT and RFID in retail and adoption of enhanced inventory management to make smarter restocking decisions and real-time engagements are driving the market growth.

• Published: August 2022

Proofpoint (US) and IRONSCALES (US) are leading players in Business Email Compromise (BEC) Market

MarketsandMarkets forecasts the global Business Email Compromise (BEC) market size is expected to grow from an estimated value of USD 1.1 billion in 2022 to USD 2.8 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 19.4% from 2022 to 2027. Growing incidents of BEC scams and spear-phishing attacks, huge financial losses due to BEC crimes, and stringent regulatory standards and data privacy compliances are some of the factors that are driving the market growth.

• Published: August 2022

NIBE Industrier (Sweden), Honeywell International (US) and Omega Engineering (US) are the Top Players in the Flexible Heater Market

The global flexible heater market size is anticipated to grow from USD 1.2 billion in 2022 to USD 1.7 billion by 2027, at a CAGR of 7.2% from 2022 to 2027. Rising requirements of flexible heaters in various applications as well as surging demand for novel heating solutions in electronics & semiconductor, automotive & transportation, medical, food & beverages and oil & gas are some of the major factors propelling the growth of flexible heater market.

• Published: August 2022

Keysight Technologies (US), AMETEK (US) and Pacific Power Source (US) are leading players in AC Power Sources Market

The global AC power sources market size will grow to USD 1.7 billion by 2027 from USD 1.5 billion in 2022, at a CAGR of 2.2% during the forecast period. The increasing demand for energy-efficient devices in the industrial sector is an important driver for the AC power sources market.

• Published: August 2022

Stand-up Pouches Companies - Amcor Plc (Switzerland) and Berry Global Inc (US) are Leading Players in the Stand-up Pouches Market

The global Stand-up Pouches market is projected to grow from USD 24.8 billion in 2022 to USD 36.7 billion by 2027, at a CAGR of 8.1% during the forecast period. Increasing health awareness and rising per capita income have resulted in the rise in demand for packaged food & beverages, which, in turn, drives the demand for stand-up pouches.

• Published: August 2022

Market Leader - Ballistic Protection Market

Ballistic protection refers to the protection of a body against projectiles of various shapes, sizes, and impact velocities. It is used by soldiers, police, and security personnel in the military, law enforcement, and homeland security sectors to reduce the number of casualties and strengthen the protecting power of these forces. The estimated ballistic protection market is USD 13.4 billion in 2022 and is projected to reach USD 16.9 billion by 2027, at a CAGR of 4.7% from 2022 to 2027.

• Published: August 2022

Laser Tracker Companies - Hexagon AB (Sweden), Faro Technologies, Inc. (US) are the Key Players

The laser tracker market is estimated to grow from USD 636 million in 2022 to reach USD 866 million by 2027; it is expected to grow at a CAGR of 6.4% from 2022 to 2027. The growth of the laser tracker market can be attributed to the high accuracy, precision, and portability offered by laser trackers.

Major Laser Tracker Companies Include: 

• Hexagon AB (Sweden);
• Faro Technologies, Inc. (US);
• Automated Precision Inc. (US);
• InnovMetric Software Inc. (Canada);
• CHOTEST TECHNOLOGY INC. (China);
• Mitutoyo Corp. (Japan);
• 3D Systems, Inc. (US);
• VMT GmbH (Germany);
• Hubbs Machine and Manufacturing Inc. (US); and
• PLX Inc. (US); and
• Brunson Instrument Company (US)

are among a few of the players in the laser tracker market. Most of the leading companies have adopted product launches as key strategies to boost their revenues in the laser tracker market.

• Published: August 2022

Barry Callebaut (Switzerland) and Olam International (Singapore) are leading players in Nut Products Market

The global nut products market size is estimated to be valued at USD 6.7 billion in 2022. It is projected to reach USD 8.9 billion by 2027, recording a CAGR of 5.9% in terms of value. The demand for nut products is increasing due to the increasing demand for preventive nutrition worldwide.

• Published: August 2022

Amcor PLC (Australia) and D.S. Smith Plc (UK) are Leading Players in the Food Packaging Films Market

The food packaging films market size was USD 49.8 billion in 2021 and is projected to reach USD 72.3 billion by 2027, at a CAGR of 6.4%. The growth of the food packaging films market is estimated to be driven by the growing demand for convenience food items and innovative packaging solutions that ensure extended shelf life of food items.

• Published: August 2022

Key Players Implemented Various Growth Strategies, Such as Partnerships, Business Expansions, Mergers and Acquisitions, Agreements, and Collaborations, New Product Launches to Develop their Presence in the Virtual Customer Premises Equipment (vCPE) Market

MarketsandMarkets forecasts the global Virtual Customer Premises Equipment Market size is expected to grow USD 2.8 billion in 2022 to USD 15.3 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 40.2%  during the forecast period.

• Published: August 2022

Active Protection System Companies - Rheinmetall AG (Germany), Saab AB (Sweden) are the Key Players

An Active Protection System is integrated into, or installed on, combat vehicles, naval ships, and military aircraft to automatically acquire, track, and respond to a variety of threats, including rocket-propelled grenade (RPG) and anti-tank guided missile (ATGM) attacks, with hard or soft kill capabilities. A number of countries employ these systems on the battlefield; they are also used by defense and homeland security agencies across the globe for combat, security, and patrolling operations, among others. The estimated Active Protection System Market is USD 3.9 Billion in 2022 and is projected to reach USD 5.2 Billion by 2027, at a CAGR of 5.5% from 2022 to 2027.

• Published: August 2022

Market Leader - Military Lighting Market

Military lights are lights installed on ground, airborne and marine vehicles. The military lights can be further classified into exterior and interior lights. All these lights are used to improve safety, navigation, and visibility. According to the latest estimates, the market is projected to grow from USD 559 million in 2022 to USD 807 million by 2027, at a CAGR of 7.6%.

• Published: August 2022

Sumitomo Heavy Industries, Ltd. (Japan) and Veolia Water Technologies (France) are Leading Players in the Industrial Crystallizers Market

The industrial crystallizers market is projected to grow from USD 3.8 billion in 2022 to USD 4.8 billion by 2027, at a CAGR of 5.1% from 2022 to 2027. The growth of the market is driven by the increasing demand from various manufacturing industries such as pharmaceutical, chemical, food & beverage, wastewater treatment, metal & mineral, and agrochemical.

• Published: August 2022

Market Leader : Major Companies are Focusing on Expansion and New Product Launches to Strengthen their Market Position in the Pulse Ingredients Market

The global pulse ingredients market is estimated to be valued at USD 20.7 billion in 2022. It is projected to reach USD 25.9 billion by 2027, recording a CAGR of 4.6% during the forecast period.

• Published: August 2022

Yanmar Co. Ltd. (Japan) and Brunswick Corporation (US) are leading players in Small Marine Engines Market

The global small marine engines market is expected to reach USD 10.3 billion by 2027 from an estimated USD 7.8 billion in 2022, at a CAGR of 5.5% from 2022 to 2027.

• Published: August 2022

Flame Detector Companies - Johnson Controls (Ireland) and Carrier Global (US) are the Key Players

The global flame detector market size is expected to grow from USD 1.7 billion in 2022 to USD 2.1 billion by 2027, at a CAGR of 5.0% during the forecasted period. The major drivers for the growth of flame detector market include increasing adoption of flame detectors across the key industries such as oil and gas, pharmaceuticals, automotive, energy and power among others, technology improvement in the flame detectors with the emergence triple IR and multi spectrum flame sensing detectors, and policies, regulations, and government initiatives creating high demand for flame detectors.

• Published: August 2022

Sasol Limited (South Africa) and LANXESS (Germany) are Leading Players in the Butylated Hydroxytoluene Market

The global Butylated Hydroxytoluene market is projected to grow from USD 230 million in 2022 to USD 301 million by 2027, at a CAGR of 5.5% from 2022 to 2027. BHT is a type of antioxidant, which is manufactured through the alkylation of p-cresol with isobutylene. The reaction is carried out in the presence of sulfuric acid as a catalyst. BHT mainly finds applications in the food & beverages, animal feed, plastics, rubbers & elastomers, lubricants & specialty oils, industrial oils, fats & fatty acids, agrochemicals, and printing industries. It is also used as an anti-skinning agent in paints & coatings. Growing demand from plastic & rubber industry is set to drive the demand for Butylated Hydroxytoluene during the forecast period.

• Published: August 2022

Molded Interconnect Device (MID) Companies - Molex (US) and TE Connectivity (Switzerland) are the Key Players

The molded interconnect device (MID) market is expected to grow from USD 1.4 billion in 2022 to USD 2.7 billion by 2027; it is expected to grow at a CAGR of 13.6% during the forecast period. The rising use of MIDs in medical devices is growing the molded interconnect device (MID) market during the forecast period.

• Published: August 2022

Marine Seats Companies - West Marine (US) and Sun Marine (Netherlands) are the Key Players

MarketsandMarkets: The marine seats market is estimated to be USD 1.6 billion in 2022 and is projected to reach USD 1.9 billion by 2027, at a CAGR of 4.9% from 2022 to 2027. The market is driven by factors such as development of new & advanced Marine seats for different commercial ships, increasing use of cruise ship passengers, increasing trade in Asia Pacific, etc.

• Published: August 2022

Market Leader - Electronic Flight Instrument System (EFIS) Market

Electronic Flight Instrument System (EFIS) is an instrument display system in a flight deck that displays flight data electronically rather than electromechanically. The electronic flight instrument system market size is projected to grow from USD 618 Million in 2022 to USD 720 Million by 2027, at a CAGR of 3.1% from 2022 to 2027. Aerospace Manufacturers are developing enhanced electronic flight instrument system. There is the demand from OEMs and Airlines Companies for advance lightweight electronic flight instrument system with higher accuracy, reliability & higher operational efficiency.

• Published: August 2022

Foremost Companies in the Referral Management Market: Cerner Corporation (US) and CarePort Health (US)

The referral management market is projected to reach USD 6.1 billion by 2027 from USD 3.2 billion in 2022, at a CAGR of 13.6%. The growth of this market is driven by the increasing government initiatives to incorporate IT solutions in healthcare and benefits offered by automated referral processes.

• Published: August 2022

Flight Simulator Companies - CAE Inc. (US), Thales Group (France) and Flight Safety International(US) are the Key Players

The flight simulator market comprises hardware, software, and services related to training and upgradation. Flight simulators offer a simulated environment that recreates the environment of an aircraft in operation. They eliminate the risk to life or property when pilots are being trained. The flight simulator market size is projected to grow from USD 7.4 billion in 2022 to USD 10.3 billion by 2027, at a CAGR of 6.9 % from 2022 to 2027.

• Published: August 2022

Foremost Companies in the Enteral Feeding Formulas Market: Fresenius Kabi (Germany) and Nestlé S.A. (Switzerland)

The global enteral feeding formulas market is projected to reach USD 8.2 billion by 2027 from USD 5.2 billion in 2022, growing at a CAGR of 9.5% during the forecast period. Growth in this market is largely driven by factors such as the benefits and cost-effectiveness of enteral nutrition over parenteral nutrition, rise in preterm births, growing demand for enteral feeding in the home care sector, and rapid growth in the geriatric population and subsequent growth in the prevalence of chronic diseases. On the other hand, complications involved with enteral feeding and lack of patient awareness are expected to hinder the market growth.

• Published: August 2022

LiDAR Drone Companies - Velodyne Lidar, Inc.(US) and RIEGL Laser Measurement Systems GmbH (Austria) are the Key Players

The LiDAR Drone market is projected to grow from USD 147 million in 2022 to USD 508 million in 2027; it is expected to grow at a CAGR of 28.1% from 2022 to 2027. The growth of the market is attributed to the adoption of LiDAR drone in mining applications and countries easing regulations on the use of drones.

• Published: August 2022

Precast Concrete Companies - Balfour Beatty plc (UK) and Boral Limited (Australia) are Leading Players in the Precast Concrete Market

The global precast concrete market size is projected to grow from USD 144.6 billion in 2022 to USD 198.9 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 6.6% during the forecast year. Precast concrete refers to the construction products produced at place away from the construction site in reusable molds. These construction products are transported to the construction site and assembled. The major advantages of precast conrete are speed of construction, quality, and reduced overall manufacturing cost.

• Published: August 2022

Smart Mirror Companies - Gentex Corporation (US) and Ficosa (Spain) are the Key Players

The global smart mirror market size is estimated to be USD 2.7 billion in 2022 and is projected to reach USD 5.9 billion by 2027, at a CAGR of 16.8% during the forecast period.

• Published: August 2022

Inductor Companies - Murata Manufacturing (Japan) and TDK (Japan) are the Key Players

The inductor market is projected to grow from USD 5.1 billion in 2022 and is projected to reach USD 7.0 billion by 2027; it is expected to grow at a CAGR of 6.6 % from 2022 to 2027.

• Published: August 2022

Drone Logistics And Transportation Companies - Alphabet, Inc (US) and Hardis Group (France) are the Key Players

The drone logistics and transportation market is valued at USD 0.9 billion in 2023 and is projected to reach USD 16.1 billion by 2030, at a CAGR of 50.1 % from 2023 to 2028. Unmanned Aircraft Systems, commonly referred to as drones, are experiencing a surge in popularity within contemporary logistics operations. These aerial vehicles play a crucial role in transporting a diverse range of items, including medicines, parcels, groceries, and home care products. Notably, drone delivery operations are gaining widespread recognition in the last-mile delivery sector due to their precision, environmentally friendly practices, shorter delivery times, and lower operational costs compared to traditional channels. Analysts suggest that the operational costs for drone delivery services are 40% to 70% less than those associated with vehicle delivery models. Furthermore, the COVID-19 pandemic has accelerated the need for alternative, safe, and contactless delivery methods, leading to a global increase in demand for drone delivery services.

• Published: August 2022

Agreements/contracts, expansions, acquisitions, and new product developments are key strategies adopted by leading players in the glass fiber yarn market

Glass fiber yarns consist of a defined number of glass fiber filaments of a certain nominal diameter. Glass fiber filaments are obtained by high-temperature melting of inorganic materials which are drawn through a platinum-rhodium bushing and then rapidly cooled. Glass yarn is formed by combining more single filaments, between 4 to 13 microns depending on yarn count, in a continuous strand. Continuous strands of these filaments are woven, knitted, and braided to form other types of fabrics. Yarns have electrical insulation properties, high tensile strength, and are resistant to chemicals and heat.

• Published: August 2022

Video Encoders Companies - Hikvision (China)and VITEC (France) are the Key Players

The video encoders market is estimated to be USD 2.3 billion in 2022 and is projected to reach USD 3.3 billion by 2027; it is expected to grow at a CAGR of 7.6% from 2022 to 2027. Adoption of high-efficiency video coding (HEVC) standards for video encoding, use of cloud services to store increasing amount of data and ease of connecting analog cameras using video encoder to a network are the major factors driving the growth of the video encoder market. Morevoer, growing market for OTT services in developing countries and growth in number of mobile-streaming videos are creating immense opportunities for the video encoder market.

• Published: August 2022

Siemens (Germany) and Dassault Systemes (France) are the leading key players in the Digital Shipyard Market

The Global Digital Shipyard market is expected to register USD 1.80 billion in 2025 and is projected to reach USD 4.30 billion by 2030, at a CAGR of 19.0% from 2025 to 2030. Growing pressure to improve how shipyards work and reduce overall building costs. Because of this, many shipbuilders are now using digital solutions in their operations. Technologies like digital twins, automation, and data analytics are helping them manage design, production, and maintenance in a better way. At the same time, ships are becoming more complex, and older shipyard systems need upgrades. This is pushing companies to move faster towards digital transformation across the industry.

• Published: August 2022