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  • Olympus (Japan) and SKF (Sweden) are leading Players in the Borescope Market

    A borescope is an optical tool used for visual inspection. The optical device consists of a rigid or flexible tube with a display on one end and an objective lens or camera on the other end, where both the ends are linked together by an optical or electrical system. Borescopes are used for visual inspection in various industries such as aviation, automotive, power generation, oil & gas, and manufacturing.

    • Published: October 2019

  • PTC (US) and Corel (Canada) are leading players in Technical Illustration Software Market

    The global technical illustration software market size is expected to grow from USD 3.8 billion in 2019 to USD 5.1 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 6.2% during the forecast period. The technical illustration software industry is highly competitive, with the presence of a large number of market players comprising top-tier and mid-tier companies. The technical illustration software industry is gaining traction and profitable for vendors. Several organizations in different verticals have realized the benefits of technical illustration software and implemented technical illustration software to speed up the production process by eliminating manual machine inputs.

    • Published: October 2019

  • Hydrogenics (Canada) and ITM Power (UK) are the Major Player in the Power-to-gas Market

    The global power-to-gas market is expected to grow from an estimated USD 26 million in 2019 to USD 42 million by 2024, at a CAGR of 10.1% during the forecast period. The growth of this market is driven by the effective utilization of renewable energy resources and integrated management of power and gas networks.

    • Published: October 2019

  • Momentive Performance Materials (US) and Innospec Inc. (US) are the Key Players in the Silicone Surfactants Market

    The silicone surfactants market is projected to reach USD 2.5 billion by 2024, at a CAGR of 5.0% from 2019 to 2024. Increasing demand for silicone surfactants from end-use industries has led to the growth of silicone surfactants market. Silicone surfactants are used in skincare, haircare, and personal hygiene products in the personal care industry. Major end-use industries of silicone surfactants include personal care, construction, textile, paints & coatings, and agriculture.

    • Published: October 2019

  • Plastic Waste Management Companies - Market Leader in Plastic Waste Management Market

    The plastic waste management market size is projected to grow from USD 32.6 billion in 2019 to USD 37.9 billion by 2024, recording a CAGR of 3.1% during the forecast period. The increase in awareness programs regarding sustainable waste management practices is projected to drive the growth of the plastic waste management industry across the globe during the forecast period.

    • Published: September 2019

  • Smiths Group plc (UK) and TRACOE Medical GmbH (Germany) are leading players in Tracheostomy Products Market

    The tracheostomy products market size is projected to reach USD 220 million by 2024 from USD 179 million in 2019, at a CAGR of 4.2% during the forecast period. Factors such as the increasing prevalence of respiratory diseases & disorders, technological advancements, rising patient demand for home care services, favorable reimbursement scenario, and the availability of clinical evidence for their safety & efficacy are driving the growth of the tracheostomy products industry. However, the high cost of tracheostomy procedures and a dearth of skilled surgeons to conduct tracheostomy procedures are expected to restrain the growth of this market to a certain extent during the forecast period.

    • Published: September 2019

  • ZF Friedrichshafen (Germany) and Continental (Germany) are the Leading Players in the Highway Driving Assist Market

    The highway driving assist market is projected to reach USD 10.7 billion by 2027 from an estimated USD 1.9 billion in 2019 at a CAGR of 23.9% during the forecast period. The base year for the report is 2018, and the forecast period is from 2019 to 2027.

    • Published: September 2019

  • Microsoft (US) and IBM (US) are leading players in Configuration Management Market

    The global configuration management market size is projected to grow from USD 1.6 billion in 2019 to USD 3.3 billion by 2024, at a CAGR of 15.1% during the forecast period. Major factors driving the market is the increased demand for simplifying and synchronizing IT resources to boost the adoption of configuration management tools.

    • Published: September 2019

  • Merger & acquisition among the key strategies adopted by the leading players to strengthen their position in the Glyoxal Market

    The glyoxal market size is projected to grow from USD 265 million in 2019 to USD 326 million by 2024, at a CAGR of 4.3%. The major drivers for the glyoxal industry include a rise in disposable income & changing lifestyle, and growing intermediate use in chemical, pharmaceutical, and agriculture industry. In addition, increasing usage in food & beverage packaging is also driving the market for glyoxal.

    • Published: September 2019

  • Xpel, Inc. (US) and Eastman Chemical Company (US) are the Key Players in the Paint Protection Films Market

    In terms of value, the global paint protection films market size is estimated to be USD 242 million in 2019 and projected to reach USD 341 million by 2024, growing at a CAGR of 7.1% from 2019 to 2024. Increasing sales of luxury cars globally, coupled with the rising consumption of thermoplastic polyurethane material is expected to drive the growth of paint protection films industry during the forecast period.

    • Published: September 2019

  • IBM Corporation (Merge Healthcare Incorporated) (US), McKesson Corporation (US) and Agfa Healthcare (Belgium) are leading players in Specialty PACS Market

    The specialty PACS market is projected to reach USD 3.5 billion in 2024 from USD 2.6 billion in 2019, at a CAGR of 6.0%. The growth in this industry is driven mainly by the increasing geriatric population and subsequent growth in the incidences of various diseases, advantages associated with specialty PACS, government initiatives to increase the adoption of healthcare IT solutions, growing investments in medical imaging, rising adoption of medical imaging IT solutions, and increasing use of imaging equipment. On the other hand, budgetary constraints are expected to limit market growth during the forecast period.

    • Published: September 2019

  • Hybrid Valves Companies - Emerson Electric Co. (US) and IMI Plc. (Finland) are the Key Players

    Hybrid valves are used widely in process industries such as oil & gas, chemicals, pharmaceuticals, metal & mining, energy & power, and others for reducing noise & vibrations. The hybrid valves market size is expected to be valued at USD 1.0 billion in 2019 and is likely to reach USD 1.4 billion by 2024, at a CAGR of 6.4% during the forecast period.

    • Published: September 2019

  • Armacell International S.A. (Luxembourg) and Lisolante K-Flex S.P.A (Italy) are the Leading Players in the Elastomeric Foam Market

    The global elastomeric foam market is estimated to increase from USD 2.6 billion in 2019 to USD 3.6 billion by 2024, at a CAGR of 6.7% during the forecast period. The global elastomeric foam market is driven mainly by its increasing demamd from HVAC system. The growth in automotive production and increasing usage of thermal insulation in building & construction will drive the demand during the forecast period.

    • Published: September 2019

  • Market Leaders - Infant Formula Ingredients Market

    The global infant formula ingredients market is estimated to be valued at USD 16.7 billion in 2019. It is projected to reach USD 25.5 billion by 2025, recording a CAGR of 7.3% during the forecast period. Fats & oils are the key ingredients required for the growth of infants, as they aid in a wide range of metabolic and physiological functions critical to the development, growth, and health of infants. A mixture of vegetable oils is the most widely used fat source in infant formulas. Due to such advantages, the demand for infant formula ingredients is projected to increase between 2019 and 2025. AarhusKarlshamn AB (AAK), a Sweden-based company, has the entire infant formula ingredients portfolio of fats & oils, derived from plant-based sources such as sunflower, coconut, and rapeseed.

    • Published: September 2019

  • Market Leader - Modular Trailer Market

    The modular trailer market, by value, is projected to grow to USD 10.2 billion by 2027 from USD 7.3 billion in 2019, at a CAGR of 4.3%. The major end user industries of modular trailers such as construction, mining, and wind & energy have experienced positive growth in both developed and emerging regions which is expected to drive the demand for modular trailers.

    • Published: September 2019

  • Mondi (UK) and International Paper (US) are Leading Players in the Kraft Paper Market

    The global kraft paper market is projected to reach USD 14.24 billion by 2030 from USD 12.50 billion in 2025, at a CAGR of 2.6% during the forecast period.

    • Published: September 2019

  • Computational Photography Companies - Apple (US) and Samsung (South Korea) are the Key Players

    The computational photography market was valued at USD 10.7 billion in 2019 and is expected to reach USD 29.0 billion by 2024, at a CAGR of 22.0% from 2019 to 2024. The trend of sharing images and videos using advanced media sharing technologies is a major aspect of social networking on a global basis within the smartphone and multimedia tablet ecosystem. Also, the enhancement in the image resolution of sensors along with the technological advancements in camera modules, components, and design is driving the computational photography industry. The growing demand for superior vision technology in the computer vision industry is expected to lay new growth opportunity for computational cameras during the forecast period.

    • Published: September 2019

  • Expansion, Acquisition, Partnership, and New Product Launch are the Key Development Strategies Adopted by the Leading Players for the Growth of the Thermoforming Plastic Market.

    The thermoforming plastic market size is growing due to the rising healthcare & pharmaceuticals and food & agriculture packaging industries and increasing manufacturing activities. The increasing popularity of retail shopping and rising consumer spending for processed & packed goods are fuelling the demand for thermoforming plastic. Factors such as changing demographics and lifestyles have shifted the market toward e-retailing channels and convenient packaging, which in turn will drive the demand for thermoforming plastic. The thermoforming plastic industry is expected to grow from USD 34.8 billion in 2019 to USD 45.9 billion by 2024, at a CAGR of 5.7% during the forecast period.

    • Published: September 2019

  • DowDupont (US) and Cargill, Incorporated (US) are the Major Players in the Pectin Market

    The global pectin market is estimated to be valued at USD 1.0 billion in 2019 and is projected to reach USD 1.5 billion by 2025, recording a CAGR of 6.5%. The market is driven by factors such as an increase in the consumption of convenience foods, rise in health consciousness among consumers, multi-functionality of pectins, leading to its widening scope in applications and an increase in the demand for natural pectin market. The emerging market potential, growing population, and increasing demand for food are estimated to show medium growth impact on the growth of the pectin industry.

    • Published: September 2019

  • Mitsubishi Chemical Corporation (Japan) and 3A Composites (Switzerland) are Leading Players in the Cast Acrylic Sheet Market

    The cast acrylic sheet market size is expected to grow from USD 3.0 billion in 2019 to USD 4.1 billion by 2024, at a compound annual growth rate (CAGR) of 6.4% during the forecast period. Cast acrylic sheet has a higher impact resistance and optical clarity than glass and is lightweight and customizable to various color and design combinations. Cast acrylic sheet has a wide range of applications, which include signage, POP (Point of Purchase) displays, large-screen LCDs, interactive screens, display cases, skylights, furniture, aquariums, mirrors, office stationery, shelf panels, partitions, solar panels, and sanitaryware.

    • Published: September 2019

  • BASF (Germany) and Evonik Industries (Germany) are the Key Players in the Diisononyl Phthalate (DINP) Market

    The DINP market size is estimated at USD 2.7 billion in 2019 and is projected to reach USD 3.2 billion by 2024, at a CAGR of 4.0%. The booming building & construction industry in the emerging economies in APAC and South America is are driving the DINP market.

    • Published: September 2019

  • New Product Launches, Investments, New Technology Developments, Partnerships, Mergers, Collaborations,and Agreements to Enhance their Position in the Aerospace Foams Market

    The aerospace foams market is projected to grow from USD 4.4 billion in 2019 to USD 6.5 billion by 2024, at a CAGR of 8.2% from 2019 to 2024. The rising demand for lightweight and fuel-efficient aircraft have led to the extensive use of advanced materials such as PU foams, PE foams, and others, in the aerospace industry. The manufacturing of advanced materials as well as new product launches by many prominent players in the aerospace industry is one of the key factors driving the growth of the aerospace foams market across the globe.

    • Published: September 2019

  • Aircraft Fuel Tanks Companies - Meggitt PLC (UK), Cobham plc (UK) are the Key Players

    The aircraft fuel tanks market is projected to grow from USD 869 million in 2019 to USD 954 million by 2025, at a CAGR of 1.6% during the forecast period. The major factors driving the market include increasing aircraft orders and new aircraft programs.

    • Published: September 2019

  • Smurfit Kappa (Ireland) and Amcor (Australia) are the Key Players Pouches Market

    The global pouches market is projected to grow from USD 36.4 billion in 2019 to USD 46.1 billion by 2024, recording a CAGR of 4.8% during the forecast period. The rising demand for packaged food & beverages is projected to drive the pouches market. The aesthetic appeal and cost-effectiveness of pouches are further projected to drive the growth of the market. Furthermore, the growing popularity of pouches for alcohol packaging is creating growth opportunities for the global pouches market.

    • Published: September 2019

  • Bumi Armada (Malaysia) and Shell (Netherlands) are the Major Players in the Floating Production Storage and Offloading Market

    The floating production storage and offloading market is projected to grow from an estimated USD 19.5 billion in 2019 to USD 26.0 billion by 2024, recording a CAGR of 5.9% during the forecast period. The growth of this market is driven by the increasing focus on offshore exploration and production and the rising deep-water and ultra-deepwater oil & gas production.

    • Published: September 2019

  • Medtronic (US) and Boston Scientific Corporation (US) are Leading Players in the Neurosurgery Devices Market

    The neurosurgery devices market is projected to reach USD 13.5 billion by 2024 from USD 7.3 billion in 2019, at a CAGR of 13.0% during the forecast period. Growth in the neurosurgery devices market is driven by the efforts to develop the application base for neuromodulation, the benefits of neuroendoscopic surgeries over conventional brain surgeries, and the growing prevalence of neurological diseases. On the other hand, the high cost of neuroendoscopy procedures and equipment, along with a dearth of a trained workforce, is expected to limit market growth to a certain extent during the forecast period.

    • Published: September 2019

  • Critical Communication Companies - Motorola Solutions (US) and Ericsson (Sweden) are the Key Players

    The critical communication market is expected to grow from USD 13.9 billion in 2019 to USD 19.8 billion by 2024, at a CAGR of 7.4%. High demand for critical communication solutions from diverse industries such as public safety, transportation, & medical, advanced features of critical communication network, and increasing need to modernize old equipment are the major driving factors for market growth during the forecast period.

    • Published: September 2019

  • Market Leadership - Pet Wearable Market

    Product launches and developments, partnerships, and collaborations have been the major strategies adopted by the leading players to grow in the market. Among all these strategies, players have focused on product launches and developments to remain competitive in the market. Key players that have implemented these strategies are Whistle Labs (US), PetPace (US), Garmin (US), FitBark (US), Tractive (Austria), Link AKC (US), Motorola (US), Num’Axes /EYENIMAL (France), KYON (Greece), Scollar (US), GoPro (US), and Felcana (UK).

    • Published: September 2019

  • Body Area Network Companies - Apple Inc. (US) and Samsung Electronics Co., Ltd. (South Korea), are the Key Players

    The global Body Area Network Market is projected to grow from USD 9.1 billion in 2019 to USD 15.8 billion by 2024; it is expected to grow at a CAGR of 11.7%. Major factors driving the growth of the body area network market include the increased use of smart devices for tracking physical fitness, rapid advancements in medical devices & communication technologies, supportive government & hospital initiatives to promote digital healthcare, and easy availability of low-cost fitness-tracking gadgets.

    • Published: September 2019

  • Arkema (France) and AkzoNobel (Netherlands) are the Key Players in the Polymerization Initiator Market

    The global polymers market size is projected to grow from USD 3.4 billion in 2019 to USD 4.2 billion by 2024, at a compound annual growth rate (CAGR) of 4.3%, during the forecast period. The polymerization initiator is a source of any chemical species that reacts with a monomer (a single molecule that can create chemical bonds) to form an intermediate compound capable of linking successively with a large number of other monomers into a polymeric compound are chemical compounds that are used in the polymer synthesis.

    • Published: September 2019

  • 3M Company (US) and DuPont de Nemours and Company (US) are the Key Players in the Disposable Protective Clothing Market

    The disposable protective clothing market size is projected to reach USD 2.6 billion by 2024 from USD 3.6 billion in 2019, at a CAGR of 6.5% between 2019 and 2024. Rising awareness about the safety of workers and industrial development in developing economies are expected to support the growth of the disposable protective clothing market. The requirement of massive investment for R&D are restraining the growth of the market. On the other hand, continuous innovation in product development has created opportunities for manufacturers. The players in the disposable protective clothing market are mainly concentrating on new product launches, acquisitions, agreements, and expansions to meet the growing demand for disposable protective clothing from various applications. New product launches help companies strengthen their product portfolio and meet the specific requirements of customers.

    • Published: September 2019

  • Ahlstrom-Munksjo (Finland) and Lydall, Inc. (US) are the Major Players in the Fabric Filters Market

    The fabric filters market size is expected to grow from USD 2.3 billion in 2019 to USD 3.2 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 6.4% during the forecast period. The major driving factors for the market are stringent regulations governing emission and treatment of industrial effluents, need for a safe working environment in major manufacturing sites, and the growing manufacturing sector in Southeast Asia.

    • Published: August 2019

  • Avery Dennison Corporation (US) and tesa SE (Germany) are the Key Players in the Aerospace Tapes Market

    The aerospace tapes market is projected to grow from USD 2.0 billion in 2019 to USD 2.4 billion by 2024, at a CAGR of 4.0% between 2019 and 2024. The major driving factors in the aerospace tapes market are initiatives undertaken by governments of China and India, increasing demand for lightweight and more fuel-efficient aircraft, growing demand for passenger aircraft in emerging regions, and replacement of old/aging aircraft and modernization of existing aircraft.

    • Published: August 2019

  • Market Leaders - Lead Acid Battery Market

    The global lead acid battery market is expected to grow from an estimated USD 41.6 billion in 2019 to USD 52.5 billion by 2024, at a CAGR of 4.7% during the forecast period. The growth of this market is driven by burgeoning expansion in the automotive industry, rapid technological advancement, development of the telecom sector, and the cost-effectiveness of lead acid battery storage solution.

    • Published: August 2019

  • Access Control Reader Companies - ASSA ABLOY AB (Sweden) and dormakaba Holding AG (Sweden) are the Leading Manufacturers

    The overall access control reader market is expected to grow from USD 3.0 billion in 2019 to USD 7.5 billion by 2024, at a CAGR of 12.5%. Rapid urbanization in emerging economics provides major opportunities for the growth of the access control reader market. The access control reader market growth is mainly driven by the high demand for enhanced security; contactless interfaces to boost the adoption of smart cards; and increased convenience, enhanced security identity management, and improved human resource management.

    • Published: August 2019

  • Henkel AG & CO. KGAA (Germany) and Arkema S.A. (France) are the Key Players in the Elastic Adhesives & Sealants Market

    The elastic adhesives & sealants market is projected to grow from USD 16.4 billion in 2019 to USD 22.3 billion by 2024, at a CAGR of 6.3% between 2019 and 2024. The growth of end-use industries such as construction, industrial, and automotive & transportation as well as the growing demand for silicone and SMP adhesives are key factors driving the elastic adhesives & sealants market.

    • Published: August 2019

  • United Rentals Inc. (US) and Ashtead Group plc (UK) are the Leading Player in the Construction Equipment Rental Market

    The construction equipment rental market is estimated to be USD 98.6 billion in 2019 and is projected to reach USD 121.6 billion by 2024, growing at a CAGR of 4.3% from 2019 to 2024. Increasing building & construction activities, especially in China, Japan, and India, the recovering construction sector in Europe, and increasing rental penetration in North America coupled with shift in trend towards rental due to various cost-benefits is expected to drive the growth of the construction equipment rental market during the forecast period.

    • Published: August 2019

  • Electron Beam Machining Companies - Global Beam Technologies (Germany) and Mitsubishi Electric (Japan) are the Key Players

    The electron beam machining market is expected to be worth USD 181 million in 2019. It is expected to grow USD 212 million, at a CAGR of 3.2% from 2019 to 2024. The factors that are driving the growth of the market include the growing demand for welding technologies in automotive & aerospace industry and advantages of electron beam welding technology over other welding technologies.

    • Published: August 2019

  • Experian (Ireland) and CGI (Canada) are leading players in Debt Collection Software Market

    MarketsandMarkets forecasts the debt collection software market size to grow from USD 2.9 billion in 2019 to USD 4.6 billion by 2024, at a CAGR of 9.6% from 2019 to 2024. The increasing need for self-service payment models to speed up the collection process and automation in the debt collection process is expected to increase the adoption of debt collection software across the globe during the forecast period.

    • Published: August 2019

  • Ion Milling System Companies - Veeco Instruments Inc. (US) and Leica Microsystems GmbH (Germany) are the Key Players

    The overall ion milling system market is likely to grow from USD 1.5 billion in 2019 to USD 2.3 billion by 2024; it is expected to grow at a CAGR of 8.5%. Increasing demand from developing countries is expected to provide substantial growth opportunities to players in the ion milling system market. The growth of the ion milling system market is driven by growing demand for high-end electron microscopy systems in various applications and technological advancement in microscopes.

    • Published: August 2019

  • Arex Test Systems B.V. (Netherland) and Snap-On Incorporated (US) are the Leading Players in the Garage Equipment Market

    The automotive garage equipment market is projected to reach USD 10.7 billion by 2027 from USD 6.1 billion in 2019, at a CAGR of 7.4%. The growth of the market is driven by the inclusion of refined engines, increasing demand for connectivity services, the introduction of advanced safety features, and preventive maintenance in the automotive industry.

    • Published: August 2019

  • Market Leadership - Geotextile Tubes Market

    The geotextile tubes market is projected to grow from USD 2.1 billion in 2019 to USD 3.3 billion by 2024 at a Compound Annual Growth Rate (CAGR) of 10.0% during the forecast period. Geotextile tubes also known as geotubes or dewatering tubes are made from permeable textile materials or fabrics for various civil engineering and other geotechnical applications. These tubes are manufactured in the form of large sludge dewatering bags or geo-containers constructed from high strength, permeable geotextile materials such as polypropylene and polyester. Tencate developed Geotubes after the catastrophic flood destroyed the coast of Holland in 1953. It developed technical textile for use in marine structures; this created a new market engineered geotextiles and industrial fabrics in marine & hydraulic and dewatering & containment applications. The name Geotube was trademarked in 1994 by Nicolon B.V in the Netherlands.

    • Published: August 2019

  • Arkema S.A. (France) and DowDuPont (US) are the Leading Players in the Tetrakis (Hydroxymethyl) Phosphonium Sulfate Market

    The global tetrakis(hydroxymethyl)phosphonium sulfate market, in terms of value, is estimated to account for nearly USD 202 million in 2019 and projected to grow at a CAGR of 5.5%, to reach approximately USD 279 million by 2025. The growth of the oil & gas and textile industries is driving the THPS market as the demand and frequency of use has increased over the past few years. With a large number of plants using THPS as an anti-microbial agent, the demand for THPS is expected to rise in the near future.

    • Published: August 2019

  • 3D Printing Construction Companies - Yingchuang Building Technique (China) and XtreeE (France) are the Key Players in the 3D Printing Construction Market

    The 3D printing construction market size is estimated to be USD 3 million in 2019 and is projected to reach USD 1,575 million by 2024, at a CAGR of 245.9% between 2019 and 2024. Advantages of 3D printing such as cost-effective, time-saving, environmentally friendly, reusable waste materials, durability, and resistance to fire, are resulting in an increasing demand for the technology from various sectors such as building and infrastructure.

    • Published: August 2019

  • Major strategies adopted by the major players in the market are entering into partnerships, agreements and collaborations and mergers, acquisitions, and joint ventures in Clinical Risk Grouping Solutions Market

    The global clinical risk grouping solutions market is projected to reach USD 829 million by 2024 from USD 427 billion in 2019, at a CAGR of 14.2% during the forecast period. Factors such as increasing focus on risk management and the increasing emphasis on big data solutions are driving the market for clinical risk grouping solutions.

    • Published: August 2019

  • New Products, Adopted Expansion Strategies, and Undertook Collaborations, Partnerships, and Mergers & Acquisitions to Gain Traction in the Global Body in White Market

    The body in white (BIW) market for the automotive industry is projected to reach USD 90.5 billion by 2027 from an estimated USD 77.0 billion in 2019, at a CAGR of 2.0% during the forecast period. The base year for the report is 2018, and the forecast period is from 2019 to 2027.

    • Published: August 2019

  • Arkema (France) and Solvay S.A. (Belgium) are Leading Company in the Sodium Hypophosphite Market

    The sodium hypophosphite market is estimated to be valued at USD 664 million in 2019 and is projected to reach USD 890 million by 2025, at a CAGR of 5.0% during the forecast period. The global sodium hypophosphite market is expected to grow owing to its increasing demand from various end-use industries such as automotive, aerospace & defense, electrical & electronics, industrial machinery, medical device, and construction. The high demand backs the current market growth for sodium hypophosphite for reducing agents and antioxidants from the Asia Pacific region.

    • Published: August 2019

  • Johnson Controls (US) and Ingersoll Rand (Ireland) are the Key Players in the Variable Air Volume (VAV) Systems Market

    The global variable air volume (VAV) systems market is estimated to increase from USD 11.8 billion in 2019 to USD 16.0 billion by 2024, at a CAGR of 6.3% during the forecast period. The global variable air volume (VAV) Systems market is driven mainly by the increasing construction activities, globally and the rising awareness for reducing energy consumption. New construction activities in the residential, commercial, and industrial sectors have augmented the demand for VAV systems, thereby increasing the revenue of the market.

    • Published: August 2019

  • LUMA Group (US) and Ceravision (UK) are leading players in the Plasma Lighting Market

    Plasma lights are electrodeless and gas discharge lamps that use radio frequency (RF) power to ignite plasma enclosed in a transparent bulb. This bulb contains a noble gas or a mixture of gases as well as a metal halide, sulfur, mercury, and sodium. The electrical field inside the plasma lighting system accelerates free electrons, which collide with the ionized gas and metal atoms. This collision excites the metal atoms and electrons revolving around the gas, taking them to a high energy state. When these electrons return to their original state from this high energy state, they emit photons, which results in visible light/ultraviolet radiation. The plasma lighting market is expected to be valued at USD 329 million in 2019 and is likely to reach USD 415 million by 2024, at a CAGR of 4.7% during the forecast period. Roadway, street, & tunnel; and industrial are the two key applications which dominate the plasma lighting market and are also responsible for its significant growth.

    • Published: August 2019

  • CityLift (US) and Klaus Multiparking (Germany) are the Key Players in the Automated Parking System Market

    The automated parking system market is estimated to be 1.3 billion in 2019 and is projected to reach USD 3.6 billion by 2027, at a CAGR of 13.1% during the forecast period. The key drivers of the market are increasing the number of vehicles on the road, scarcity of land for parking, and increasing urbanization. A growing number of high-rise buildings and luxury residential buildings is expected to boost the automated parking system market.

    • Published: August 2019

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