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Market Leader - Integrated Vehicle Health Management Market
The integrated vehicle health management market is projected to grow at a CAGR of 12.0% during the forecast period. It is estimated to be USD 11.3 billion in 2019 and is projected to reach USD 28.0 billion by 2027. Factors such as the increasing number of connected vehicles, growing on-road transportation, and the emergence of regional companies offering vehicle health solutions are driving the integrated vehicle health management market.
- Published: June 2019
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ADM (US) and Kerry (Ireland) are the Key Players in the Halal Ingredients Market
The halal ingredients market, in terms of value, is estimated to account for USD 45.7 billion in 2019 and is projected to grow at a CAGR of 6.0%, to reach USD 64.8 billion by 2025. The increasing disposable incomes, growing population, busy lifestyles, and shift in the focus toward highly convenient and instantly processed food products are some of the key trends influencing the growth of the halal ingredients market. Companies across food, pharmaceuticals products, and cosmetics value chain have various opportunities to access or increase their penetration of halal food and ingredients products, either organically or through acquisition.
- Published: June 2019
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New Product Launches, Mergers & Acquisitions, Contracts & Agreements, Investments & Expansions, and Collaborations in the Ultrasonic Flow Meter Market
The ultrasonic flow meter market is projected to reach USD 2.1 Billion by 2024 from an estimated USD 1.5 Billion in 2019, at a CAGR of 6.5%. The growth of this market is driven by the rise in demand for advanced flow measuring technologies, increase in shale gas exploration activities in the US, and rise in green field investments in China.
- Published: June 2019
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McKesson Corporation, AmerisourceBergen Corporation, and Cardinal Health, Inc. are the Leading Players in the Healthcare Distribution Market
The healthcare distribution market is projected to reach USD 1,048.4 billion by 2024 from USD 765.4 billion in 2019, at a CAGR of 6.5% between 2019 and 2024. The growth of this market is majorly driven by the rising incidence of chronic diseases, availability of R&D investments, growing importance of generics, rising adoption of track & trace solutions, and the growth of the medical device industry. Also, emerging markets such as China and India, growth in the biosimilars market, increasing specialty drug dispensing, and increasing uptake of biopharmaceuticals are expected to offer potential growth opportunities to market players in the coming years.
- Published: June 2019
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Icertis (US), Apttus Corporation (US), and Coupa Software Inc. (US) are the leading players in the Healthcare Contract Management Software Market
The healthcare contract management software market is projected to reach USD 1,763 million by 2024 from USD 755 million in 2019, at a CAGR of 18.5% during the forecast period. Key players in this market include Determine Inc. (US), CobbleStone Software (US), Concord (US), Contract Logix LLC (US), Icertis (US), Apttus Corporation (US), Optum Inc. (US), nThrive Inc. (US), Experian Plc. (Ireland), Coupa Software Inc. (US), and ScienceSoft (US).
- Published: June 2019
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Digital Asset Management Best Practices and Market Insights, Trends | Global Industry Report, 2022 | MarketsandMarkets™
Digital asset management is adopted by companies across the globe to reduce the rising costs and to standardize business processes across the organization. Thus, due to increased digitization and mobility among enterprises, digital asset management providers are increasing their efforts to boost their revenues. The strategic acquisition is an important tactic adopted by key market players to develop new services and gain traction in the digital asset management market. MarketsandMarkets forecasts the digital asset management market to grow from USD 2.4 billion in 2017 to USD 5.7 billion by 2022, at a CAGR of 18% during the forecast period.
- Published: June 2019
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BASF SE (Germany) and Fushun Tianfu Chemicals Co., Ltd. (China) are the Leading Players in the 1,6-Hexanediol Market
The 1,6-hexanediol market size is projected to grow from USD 902 million in 2019 to USD 1,401 million by 2025, at a CAGR of 8%, during the forecast period. The demand for 1,6-hexanediol has improved in the recent years due to its increased consumption in the APAC region. In addition, the increasing usage of 1,6-hexanediol in varied applications, such as coatings, PU, acrylates, and polyester resins, has further contributed to the growth of this market. As PU is the largest end user of 1,6-hexanediol, it is used as a chain extender in the PU and other resins application segments. It converts the PU into a modified PU with substantially high corrosion resistance. It permeates different properties in PU, such as high mechanical strength, low glass transition temperature, and high heat resistance.
- Published: June 2019
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DowDuPont (US) and Compagnie de Saint-Gobain S.A. (France) are the Key Players in the Surface Protection Tapes Market
The surface protection tapes market is estimated at USD 12.3 billion in 2019 and is projected to reach USD 18.0 billion by 2024, recording a CAGR of 8%. The demand for surface protection tapes is driven by the growing use of these tapes due to their durability, ease of application, and ease of removal properties.
- Published: June 2019
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Early Sense (US) and Eight Sleep (US) are Leading Players in Bed Monitoring System & Baby Monitoring System Market
The global bed monitoring system & baby monitoring system market is expected to grow from USD 1.3 billion in 2019 to USD 1.9 billion by 2024, at a CAGR of 7.9% during the forecast period. Increased investments in healthcare infrastructural development, increasing elderly population, rising adoption of unobtrusive monitoring solutions, increasing focus on reducing the cost of pressure ulcer and fall injuries treatment and increasing online availability and purchase of products are some major factors driving the growth of this market segment.
- Published: June 2019
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Aircraft Switches Companies - Honeywell International (US) and Safran (France) are the Key Players
The aircraft switches market is projected to grow from USD 2.2 billion in 2019 to USD 2.6 billion by 2025, at a CAGR of 3.2% during the forecast period. The major factors driving the market include the growing influence of electronics in aircraft and increasing demand for In-flight entertainment & connectivity (IFEC).
- Published: June 2019
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LED Light Engine Companies - Signify Lighting NV (Netherlands) and OSRAM Licht AG (Germany), are the Key Players
The LED Light Engine Market is expected to be valued at USD 30.0 billion in 2019 and is anticipated to reach USD 59.5 billion by 2024 growing at a CAGR of 14.7% from 2019 to 2024. Rising demand for energy-saving lighting systems; development and modernization of infrastructure, for example, smart cities; availability of low price LEDs; the entrance of LEDs as light sources in general lighting; and accelerating growth of LED technology over conventional lighting technology are key factors influencing the market growth of LED light engines.
- Published: June 2019
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Application Transformation Market Insights, Trends | Global Industry Report, 2024 | MarketsandMarkets™
The global application transformation market size to grow from USD 9.7 billion in 2019 to USD 16.8 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 11.6% during 2019–2024. The emergence of cloud and big data technologies has taken the transformation process to a new and advanced level. The enterprises are striving to achieve a competitive advantage, which can be achieved with the application transformation process in place. The constant need to be updated with new technologies and enhance the Return on Investment (ROI) requires a scientific approach and agile methodology to mitigate the key risks and challenges involved in the existing legacy applications. These factors are expected to drive the global application transformation market.
- Published: June 2019
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Market Leadership - Digital Experience Platform Market
MarketsandMarkets forecasts the Digital Experience Platform (DXP) market to grow from USD 7.9 billion in 2019 to USD 13.9 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 12.0% during 2019–2024.
- Published: June 2019
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New Product Launch is the Key Strategy Adopted by Major Players to Gain Traction in the Blind Spot Solutions Market
The blind spot solutions market is projected to reach USD 28.6 billion by 2027 from an estimated USD 10.6 billion in 2019, at a CAGR of 13.2% during the forecast period. The base year for the report is 2018, and the forecast period is from 2019 to 2027. The key drivers of the market are increasing the adoption rate of advanced technologies by OEMs, rising demand for safety-related features, government mandates, growing demand for semi-autonomous vehicles, and fast-paced development of autonomous vehicles.
- Published: June 2019
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Aggreko, PLC (UK) and Caterpillar (US) are the Major Player in the Europe Power Rental Market
The Europe power rental market is estimated to be USD 1.6 billion in 2019 and is projected to reach USD 2.3 billion by 2024, growing at a CAGR of 7.1%, from 2019 to 2024. This market growth is driven primarily by the increasing power demand, lack of power infrastructure, and revamping of old T&D infrastructure. Expansion of IT and data center projects are also expected to fuel the growth of the Europe power rental market during the forecast period.
- Published: June 2019
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NCR is a Major Player in Banking Hardware Maintenance, Software Support and Helpdesk Support Services Market
The hardware, software and helpdesk support service for the retail banking market is expected to grow from USD 8.4 billion in 2018 to USD 10.4 billion by 2021, at the Compound Annual Growth Rate (CAGR) of 7.5% during the forecast period over 2018–2021. ATM maintenance holds the major share in the market along with digital singe maintenance and queue management maintenance services respectively. In the UK, the US, France, Germany and Canada banks are deploying advanced ATMs to enhance customer satisfaction. Due to population growth in countries such as Indonesia, Brazil, and Turkey banking infrastructure is expanding. The target market is divided into 7 segments, ATM maintenance service, digital signage maintenance, queue management maintenance, currency sorter, counter and detector maintenance, banking kiosk maintenance, end user device, and peripherals. To maintain the hardware/software and to expand the banking network, banks are investing more on procuring advanced hardware and software in the region.
- Published: May 2019
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Avery Dennison Corporation (US) and Intertape Polymer Group (Canada) are the Key Players in the Hot Melt Adhesive Tapes Market
The hot melt adhesive tapes market is projected to grow from USD 15.5 billion in 2019 to USD 21.7 billion by 2024, at a CAGR of 7.0%, between 2019 and 2024. APAC is the largest consumer of hot melt adhesive tapes. The global hot melt adhesive tapes market is witnessing high growth on account of increasing applications, technological advancements, and growing demand in the APAC region.
- Published: May 2019
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Fixed Asset Management Software Market Insights, Trends | Global Industry Report, 2024 | MarketsandMarkets™
The fixed asset management software market size is expected to grow from USD 3 billion in 2019 to USD 5.2 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 11.8% during the forecast period. Preventive maintenance and IoT technology will likely boost the adoption of fixed asset management software. Additionally, the growing need to reduce operational cost and proliferate profits through efficient management of assets are is another major factor driving the growth of the fixed asset management software market.
- Published: May 2019
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Koninklijke Philips N.V. (Netherlands) and Siemens Healthineers (Germany) are Leading Players in BRIC Diagnostic Imaging Equipment Market
The BRIC diagnostic imaging equipment market is projected to reach USD 8.3 billion by 2024 from USD 5.3 billion in 2019, at a CAGR of 9.2% from 2019 to 2024. The major factors driving the growth of the BRIC diagnostic imaging equipment market include the rising burden of target diseases and increasing investments, funds, and grants for the modernization of healthcare facilities. In addition, technological advancements in the diagnostic imaging modalities, rising R&D investments, the growing geriatric population, and awareness initiatives have all supported the growth of this market in BRIC nations.
- Published: May 2019
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Halliburton (US) and Schlumberger (US) are the Major Players in the Well Casing & Cementing Market
The well casing & cementing market is expected to grow from an estimated USD 9.2 billion in 2019 to USD 11.7 billion by 2024, at a CAGR of 5.0% during the forecast period. The growing number of drilling operations has increased the demand for well casing & cementing.
- Published: May 2019
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West Indies Water Operations Cloud Computing MarketInsights, Trends | Industry Report, 2022 | MarketsandMarkets™
The West Indies water operations cloud computing market size is expected to grow from USD 34.3 thousand in 2018 to USD 63.7 billion by 2022, at a CAGR of 16.7% during the forecast period. The major factors driving the West Indies water operations cloud computing market include implementation of smart water projects in West Indies, government initiatives in deploying smart water solution, and government investment to upgrade the water management system in the region.
- Published: May 2019
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Key Revenue Pockets - Automatic Labeling Machine Market
The automatic labeling machine market is expected to be worth USD 2.5 billion in 2019. It is expected to grow USD 2.9 billion by 2025, at a CAGR of 3.6% from 2019 to 2024. The factors that are driving the growth of the market include the growing demand for automation in the food industry.
- Published: May 2019
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Ethernet Storage Fabric Companies - Mellanox Technologies (Israel), Cisco Systems (US) are the Key Players
The Ethernet storage fabric (ESF) market is expected to grow from USD 1.2 billion in 2019 to USD 2.3 billion by 2024, at a CAGR of 12.7% during the forecast period. Increasing demand for need for simplified data center management and rapid adoption of Ethernet storage fabric are the key factors driving the growth of the ESF market.
- Published: May 2019
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Robert Bosch (Germany) and Voxx International (US) are the Leading Player in the Vehicle Access Control Market
The vehicle access control market is projected to reach USD 22.6 billion by 2027 from USD 10.8 billion in 2020, at a CAGR of 11.2%. during the forecast period from 2020 to 2027. The growth of the market is influenced by the rising demand for safety & security of vehicles, increasing theft, rising demand of biometric access systems, car manufacturers focusing on consumer preferences, and the need for multi-factor authentication.
- Published: May 2019
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Environmental Hazard Monitoring Software Market Insights, Trends | Industry Report, 2021 | MarketsandMarkets™
The environmental hazard and monitoring software in UK, Germany, and Italy, together, is expected to reach a market size of USD 375 million by 2021 from USD 318 million in 2017 at CAGR of 3.3% during the period 2017 to 2021. The growing need to minimize losses due to natural disasters is one of the major factor driving the adoption of environment hazard and monitoring software. The losses due to natural disasters were in billions where in the UK alone, they amounted to approximately USD 18 billion. Furthermore, countries have introduced and implemented regulations such as the Climate Change Act (2008) in the UK, which has also proved to be a significant factor in the adoption of environmental hazard and monitoring software solutions.
- Published: May 2019
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Market Leaders - Industrial Wastewater Treatment Service Market
The global industrial wastewater treatment service market is expected to grow from an estimated USD 20.8 billion in 2019 to USD 28.0 billion by 2024, at a CAGR of 6.1% during the forecast period. The growth of this market is driven by the growth in international environmental norms and regulations, growth in the application of Zero Liquid Discharge (ZLD) initiatives, and eagerness of organizations to be compliant with the environmental norms.
- Published: May 2019
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New Product Launches, Expansions, Mergers & Acquisitions, and Partnerships to Strengthen their Position in the Antistatic Agents Market.
The antistatic agents market is projected to grow from USD 437 million to USD 594 million by 2024, at a CAGR of 6.3% from 2019 to 2024. The growth of this market can be attributed to the increasing demand for antistatic agents from the packaging, electronics, and textiles industries. Antistatic agents are added to polymers to remove or reduce the static charge that has accumulated over their surfaces either by reducing the generation of electric charge or increasing the rate of charge dissipation, or both. This static charge accumulation results in processing complexities, attraction and deposition of dust particles, explosions, or fire hazards.
- Published: May 2019
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United States Steel Corporation (US) and Nippon Steel & Sumitomo Metal Corporation (Japan) are Leading Players in Weathering Steel Market
The weathering steel market is estimated to be USD 1.0 billion in 2019 and is projected to reach USD 1.6 billion by 2024, growing at a CAGR of 8.8% from 2019 to 2024. Increasing demand from various end-use industries such as building & construction, transportation, and art & architecture, among others, is expected to drive the growth of weathering steel market in the near future. Moreover, properties such as longer shelf life and low maintenance are enhancing the growth of weathering steel market.
- Published: May 2019
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Single Loop Controller Companies - WEST Control Solutions (UK) and Eurotherm (UK) are the Key Players
The single loop controller market was valued at USD 94 million in 2018 and is expected to reach USD 103 million by 2024, at a CAGR of 1.4% from 2019 to 2024. Changing energy trends and increasing demand for alternative energy sources, booming power sector, and rising investments toward power generation projects drive the growth of the market. Product launches & developments and partnerships, contracts, agreements & collaborations were the key strategies adopted by players to increase their share in the single loop controller market from 2016 to 2018.
- Published: May 2019
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Underwater Lighting Companies - Hayward Industries, Inc. (US) and Acuity Brands, Inc. (US) are the Key Players
The underwater lighting market is projected to grow from USD 279 million in 2019 to USD 348 million by 2024, at a CAGR of 4.5% from 2019 to 2024. Rising underwater activities such as amusement sports, night fishing, excavation of underwater artifacts, and defense search & rescue operations are contributing to the demand for underwater lighting across the globe. Underwater lighting has also made its way into commercial and residential architectures. The increasing number of luxurious complexes in residential and commercial spaces has resulted in increased demand for these lights. Moreover, these trends are expected to continue over the next few years, thus, driving the growth of the market across the globe.
- Published: May 2019
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Market Leadership - Conveyor Monitoring Market
The conveyor monitoring market is expected to grow from USD 215 million in 2019 to USD 254 million by 2024; it is estimated to record a CAGR of 3.5%. Conveyor monitoring is typically practiced in mining and power generation plants. Factors driving the growth of the market for conveyor monitoring solutions are rising adoption of predictive maintenance tools and techniques , and increasing focus of companies on reducing revenue loss due to faults in conveyor belts and motors . The main objective behind implementing conveyor monitoring is to avoid any downturn in mining or power generation process by monitoring the conveyor motor and belt health.
- Published: May 2019
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Machine Automation Controller Market Insights, Trends | Global Industry Report, 2024 | MarketsandMarkets™
The machine automation controller market is estimated to be USD 33.7 billion by 2019 and is expected to reach USD 41.5 billion by 2024, at a CAGR of 4.3%. Machine automation controllers comprise a collection of automation control devices including programmable logic controllers (PLC), distributed control system (DCS), and industrial PC. These controllers are highly rugged computing devices designed to withstand the demanding and harsh environment of the industrial ecosystem. The machine automation controllers are mainly used to automate specific processes such as batch processing or flow control. They are also used to control a machine function or an entire production line. Major components of a machine automation controller include a central processing unit (CPU), power supply module, and input/output (I/O) module. Rising focus on reducing overall operational cost, increasing the need to drive productivity in the process industry, and the growing use of robots in the manufacturing sector are the major factors driving the growth of the market.
- Published: May 2019
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Market Leaders - Trailer Assist System Market
The trailer assist system market is projected to reach USD 182 million by 2027 from an estimated USD 82 million in 2019, at a CAGR of 10.5% during the forecast period. Trailer assist system is a driver assistance system which helps the driver to reverse the trailer into parking or tight spots. The automobile industry has witnessed a continuous increase in several technologies for driver assistance owing to the rising demand for safety and comfort features. This factor has led to huge innovations, and R&D efforts from the OEMs and Tier 1 side to bring such technologies and these efforts have led to an increase in the usage of cameras, sensors, artificial intelligence, and human-machine interface (HMI).
- Published: May 2019
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Surface Roughness Measurement Companies - Mahr Metering Systems GmbH (Germany) and Mahr Japan Ltd. (Japan), are the Key Players
The Surface Roughness Measurement (SRM) Market is expected to grow from USD 766 million in 2019 to USD 998 million by 2025, at a CAGR of 4.5% during the forecast period. The increasing demand for quality assurance and automation and growing research and development spending is the key factor driving the growth of the SRM market.
- Published: May 2019
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Product Approvals & Acquisition - Major Growth Strategies Adopted by Key Players in the Leukemia Therapeutics Market
The leukemia therapeutics market is projected to reach USD 17.1 billion by 2024 from USD 12.3 billion in 2019, at a CAGR of 6.8% during the forecast period. Leukemia is a type of cancer originating from white blood cells or the bone marrow, which occurs due to an abnormal increase in the count of white blood cells. It is identified by the spread of the disease (either acute or chronic), and by the type of the blood cell that is affected (lymphocytic or myeloid). The treatment options depend on several factors, including the phase of the disease, possible side effects, and the patient’s overall health. Leukemia therapeutic drugs are used to destroy cancer cells. This type of medication is given through the bloodstream to reach cancer cells throughout the body.
- Published: May 2019
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Zimmer Biomet (US), Stryker Corporation (US), VBM Medizintechnik (Germany), ulrich medical (Germany), and Delfi Medical Innovations (Canada) are the leading players in the Surgical Tourniquets Market
The surgical tourniquets market is projected to reach USD 509 million by 2024 from USD 347 million in 2019, at a CAGR of 8.0% between 2019 and 2024. The growth of the surgical tourniquets market is mainly driven by the increasing incidences of road accidents & falls, rising geriatric population, and the increasing number of joint replacement surgeries. Emerging markets such as China and India are expected to offer potential growth opportunities to market players in the coming years.
- Published: May 2019
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Opportunity Assessment of Waste Management in US Cities Insights, Trends | Industry Report, 2023 | MarketsandMarkets™
The waste management investments in US cities are expected to grow from USD 1.0 billion in 2018 to USD 1.7 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 10.4% during the forecast period (2018–2023). Seattle, a major city in the US, has increased its overall recycling rate for 13 consecutive years (2003–2016). In 2016, Seattle recycled 58.8% of its municipal solid waste with an annual increase of 0.8%. Seattle aims to achieve overall 70% recycling rate by 2022. Key factors driving the waste management assessment in major US cities include a growing focus on the collection of waste materials and transportation to recycling facilities, sorting material type and then selling them to manufacturers to make new products, state governments’ increasing focus on waste recycling and energy generation, and growing adoption of smart waste management systems.
- Published: May 2019
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Market Leadership - Microfluidic Components Market
The global microfluidic components market is projected to reach USD 6.1 billion by 2024 from USD 3.3 billion in 2019, at a CAGR of 12.7%. Growth in this market is driven by rising demand for point-of-care testing, technological advancements, increasing focus on data precision and accuracy, fast return on investments, growing demand for miniature portable devices, and growing demand for consumer electronics and wearable devices.
- Published: May 2019
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IDEXX Laboratories, Inc. (US), Zoetis, Inc. (US), and Heska Corporation (US) are the leading players in the Veterinary Rapid Tests Market
The global veterinary rapid tests market is projected to reach USD 854 million by 2024 from USD 573 million in 2019, at a CAGR of 8.3% during the forecast period. The increasing prevalence of zoonotic diseases among companion and livestock animals and the growing need for the rapid detection of these diseases are the major factors driving the growth of this market. The growing companion animal population and the rising demand for animal-derived food products are the other major factors driving market growth.
- Published: May 2019
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Tesla (US) and ABB (Switzerland) are the Leading Players in the Electric Vehicle Supply Equipment Market
The electric vehicle supply equipment market is projected to reach USD 27.7 billion by 2027 from an estimated USD 2.5 billion in 2019, at a CAGR of 34.7% during the forecast period. The base year for the report is 2018, and the forecast period is from 2019 to 2027. The electric vehicle supply equipment market has witnessed rapid evolution with the ongoing developments in charging infrastructure and technology. Technological advancements in EV charging and enhanced range of distance covered by electric vehicles are some of the major factors driving the growth of the electric vehicle supply equipment market. In addition, the growing sensitivity of various governments toward a cleaner environment has increased the demand for zero-emission vehicles, which is one of the driving factors in electric vehicle supply equipment market. Developed nations such as the US, Germany, and the UK are actively promoting the use of electric vehicles to reduce emissions, which has resulted in the growth of electric vehicle charging infrastructure.
- Published: May 2019
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Microsoft (US) and Oracle (US) are leading players in Europe Cloud CRM Market
Customer Relationship Management (CRM) is a software used to manage and synchronize an organization’s interaction with current and potential future customers, staffs, volunteers, and other members related to one’s organization. Similarly, for higher education, CRM is a software used for managing and improving collaboration among students, faculty members, staffs, alumni, parents, and other stakeholders of a university. It can also be used for student selection and recruitment purposes. It includes various components of the software, such as cloud-based applications, complete solution suite (cloud-based or on-premises), database, and services. The CRM software may be provided on cloud or on-premises, depending on the need of organization or university.
- Published: May 2019
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Gemalto (Netherlands) and Ping Identity (US) are leading players in Security Assertion Markup Language (SAML) Authentication Market
The global Security Assertion Markup Language (SAML) authentication market is expected to grow from USD 1.5 billion in 2019 to USD 3.0 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 14.2% from 2019 to 2024.
- Published: May 2019
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Google (US) and Microsoft (US) are leading players in Conversational Systems Market
MarketsandMarkets forecasts the global conversational systems market size to grow from USD 4.6 billion in 2019 to USD 17.4 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 30.8% during 2019–2024. An increasing demand for AI-powered customer support services and highly advanced AI and NLP tools are bolstering the conversational systems market growth.
- Published: May 2019
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Laser Sensor Companies - KEYENCE CORPORATION (Japan) and Panasonic (Japan) are the Leading Manufacturers
The laser sensor market is expected to grow from USD 535 million in 2019 to USD 863 million by 2024—growing at a CAGR of 10.0%. Major factors driving the market growth include the high demand for laser sensors in the food manufacturing industry, advent of Industry 4.0 and smart manufacturing, and increased government initiatives toward automation.
- Published: May 2019
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Zamil Steel Holding Company (Saudi Arabia) and Nucor Corporation (US) are the Key Players in the Pre-engineered Buildings Market
The global pre-engineered buildings market size is projected to grow from USD 14.5 billion in 2019 to USD 25.0 billion by 2024, at a CAGR of 11.5% during the forecast period. The increasing demand for green buildings and need for reduction in construction time and cost, along with the demand for lightweight building structure, are projected to drive the growth of the pre-engineered buildings market.
- Published: May 2019
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ABB (Switzerland) and Toshiba (Japan) are the Major Players in the DC Circuit Breaker Market
The global DC Circuit Breaker market is expected to grow from an estimated USD 2.3 billion in 2019 to USD 3.2 billion by 2024, at a CAGR of 6.54%. Factors such as increasing demand for reliable and resilient power supply worldwide, increasing investments, infrastructure development projects, and growing adoption of renewable resources are driving the DC circuit breaker market.
- Published: May 2019
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Key players have focused on the adoption of expansions, acquisitions, and contracts strategies to cater to the demand for Pre-Insulated Pipes across various applications for various end-use industries
The pre-insulated pipes market is projected to grow from USD 6.4 billion in 2019 to USD 10.2 billion by 2024 at a Compound Annual Growth Rate (CAGR) of 9.8% during the forecast period. Pre-insulated pipes are replacing traditionally insulated pipes in almost all applications due to their increased advantages, such as superior efficiency, enhanced insulation, and better physical performance. Pre-insulated pipes are energy efficient as compared with traditionally insulated pipes and prevent heat losses by 40% over traditionally insulated pipes, which directly reflects in cost savings. These factors have resulted in the increased adoption of pre-insulated pipes in various end-use industries to prevent heat loss and conserve energy.
- Published: May 2019
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Human Centric Lighting Companies - OSRAM Licht AG (Germany) and Signify Lighting NV (Netherlands) are the Key Players
The overall human centric lighting market is projected to grow from USD 810 million in 2019 to USD 3,655 million by 2024—growing a CAGR of 35.2%. The implementation of wireless technology for LED lighting is expected to provide huge growth opportunities to the players in the human centric lighting market. The growth of the human centric lighting market is driven by the high adoption of LED lighting solutions; initiatives toward establishing smart cities; and rise in the demand for energy-efficient lighting solutions.
- Published: May 2019
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Field Device Management Companies - Siemens (Germany) and Emerson (US) are the Leading Manufacturers
The global field device management market is projected to grow from USD 1.3 billion in 2019 to USD 1.8 billion by 2024; it is expected to grow at a CAGR of 6.7%. Major factors driving the growth of the field device management market are the rising importance of Industry 4.0 and smart factory, growing focus of manufacturers on reduction in maintenance and operational costs, surging need for FDM systems, and increasing investments by automation companies for the development of IIoT solutions.
- Published: May 2019
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Thomson Reuters (US) and 63 moons (India) are leading players in Algorithmic Trading Market
MarketsandMarkets forecasts the algorithmic trading market size to grow from USD 11.1 billion in 2019 to USD 18.8 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 11.1% during the forecast period. The algorithmic trading market is said to have growth potential, due to the increasing demand for fast, reliable, and effective order execution and reducing transaction costs.
- Published: May 2019
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