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Market Leader - Road Marking Materials Market
The road marking materials market is projected to grow from USD 6.1 billion in 2020 to USD 7.5 billion by 2025, at a CAGR of 4.4% from 2020 to 2025. The major reasons for the growth of the road marking materials market include increased spending on safer roads, and new infrastructure and roadway projects in emerging economies. These factors are responsible for driving the demand for road marking materials market.
- Published: January 2019
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New product launches, product enhancement, and collaborations were the widely adopted strategy by the major players from 2016 to 2018 in High Performance Computing as a Service Market
The High Performance Computing as a Service (HPCaaS) market is projected to reach USD 10.0 billion by 2023 from USD 5.7 billion in 2018, at a CAGR of 11.9% during the forecast period. Market growth is largely driven by factors such as the faster deployment of new products and services, access to better technologies, and reduced capital costs.
- Published: January 2019
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Players adopted various growth strategies, such as partnerships, agreements, and collaborations and new product launches, to further expand their presence in the IoT in Education Market
The global IoT in education market size is expected to grow from USD 4.8 billion in 2018 to USD 11.3 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 18.8% during the forecast period. Major growth factors for the IoT in education market include an increasing use of connected devices in education institutions, rapid adoption of eLearning, and availability of cloud-based solution.
- Published: January 2019
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Automatic Weapons Companies - General Dynamics Corporation (US) Corporation and Northrop Grumman Corporation an are the Key Players
The automatic weapons market is expected to grow from an estimated USD 6.0 billion in 2018 to USD 8.7 billion by 2023, at a CAGR of 7.82% during the forecast period. General Dynamics Corporation (US), Northrop Grumman (US), Rheinmetall AG (Germany), ST Engineering (Singapore), and KBP Instrument Design Bureau (Russia), among others, are the key players in the automatic weapons market. These companies are expected to continue to lead the market during the forecast period.
- Published: January 2019
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Straumann AG (Switzerland), Geistlich Pharma AG (Switzerland), Zimmer Biomet Holdings, Inc. (US), Danaher Corporation (US), Dentsply Sirona, Inc. (US), Royal DSM (Netherlands), Carpenter Technology Corporation (US), Kuraray Co., Ltd (Japan) are the leading players in Dental Biomaterial Market
The global dental biomaterials market is projected to reach USD 9.6 billion by 2023 from USD 6.7 billion in 2018, at a CAGR of 7.4%. The increasing prevalence of dental disorders, rising geriatric population, growing dental tourism in developing countries, and increasing disposable income are the major factors driving the growth of this market. On the other hand, stringent regulatory and clinical processes are expected to restrain market growth to a certain extent.
- Published: January 2019
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Verisk 3E Company (US) and Enviance (US) are leading Players in Product Stewardship Market
The product stewardship market is projected to grow from USD 777 million in 2018 to USD 1,143 million by 2023, at a Compound Annual Growth Rate (CAGR) of 8.0% from 2018 to 2023. The major factors driving the growth of the product stewardship market are growing awareness among organizations to ensure health and safety of their employees and environment protection, increasing requirement of enterprises to publicize their environmental, health, and safety initiatives, and complying with various environmental regulations and government guidelines.
- Published: January 2019
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New Product Launches and Expansions were the Most Preferred Development Strategies Followed by Companies to Strengthen their Presence in the Transcritical CO2 Systems Market.
The transcritical CO2 systems market size is expected to grow from USD 27.2 billion in 2018 to USD 61.8 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 17.9% during the forecast period. The major driving factors for the transcritical CO2 systems market are low environmental impact of transcritical CO2 systems, phasing out CFC, HCFC, and HFC refrigerants, increasing demand for refrigeration and air-conditioning applications and lower operating cost of transcritical CO2 refrigeration systems.
- Published: January 2019
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Market Leader - Livestock Grow Lights Market
The global livestock grow lights market size is projected to grow from USD 6.3 billion in 2018 to USD 8.6 billion by 2023, at a CAGR of 6.4% during the forecast period. Increasing consumption of animal-based products and rising focus on livestock productivity as well as livestock welfare are projected to drive the market for grow lights.
- Published: January 2019
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Terrestrial Laser Scanning Companies - 3D Digital Corporation (US), Carl Zeiss Optotechnik (Germany) are the Key Players
The terrestrial laser scanning market size is expected to grow from USD 3.0 billion in 2018 to USD 4.4 billion by 2023, at a CAGR of 8.17% during the forecast period. Increasing demand for surveys and 3D laser scanning for BIM applications in Asia Pacific and the Middle East is one of the major factors driving this market.
Major players in the terrestrial laser scanning market includeMajor Terrestrial Laser Scanning Companies Include:
- 3D Digital Corporation (US)
- Carl Zeiss Optotechnik (Germany)
- Creaform (Canada)
- FARO Technologies (US)
- Maptek (Australia)
These players have adopted various growth strategies, such as acquisitions, new product launches, and collaborations, to expand their presence in the terrestrial laser scanning market. Partnerships and new product launches have been the leading strategies adopted by major players from 2016 to 2018, which helped them innovate their offerings and expand their customer bases.
- Published: January 2019
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IBM (US) and Google (US) are leading players in Data Classification Market
MarketsandMarkets expects the global data classification market to grow from USD 536 million in 2018 to USD 1,661 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 25.4% during forecast period. Regulatory compliance, growth in uncontrolled data volumes, and increased security risks are expected to drive the data classification market.
- Published: January 2019
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Market Leadership - Substrate-Like PCB Market
The global substrate-like PCB market is expected to grow from USD 1.1 billion in 2018 to USD 2.6 billion by 2024, at a compound annual growth rate (CAGR) of 15.6% during the forecast period. Major factors driving the growth of the substrate like PCB market are high adoption of SLPs by leading OEMs and surge in demand for smart consumer electronics and wearable devices.
- Published: January 2019
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SABIC (Saudi Arabia) and Victrex (UK) are the Leading Players in the Aerospace Plastics Market
The aerospace plastics market is projected to grow from USD 14.7 billion in 2018 to USD 20.7 billion by 2023 at a CAGR of 7.1% from 2018 to 2023. The growth of the aerospace plastics market can be attributed to the increasing demand for lightweight and more efficient aircraft, increase in passenger transportation due to affordable carriers in emerging regions, replacement of old aircraft and modernization of existing aircrafts, and growth of the aviation industry in developing economies.
- Published: January 2019
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Sekisui Plastics Co., Ltd. (Japan) and NOVA Chemicals Corporation (Canada) are the Key Players in the Specialty Polystyrene Resin Market
The specialty polystyrene resin market size is projected to grow from USD 111 million in 2018 to USD 126 million by 2023, at a CAGR of 2.64% during the forecast period. The major driving factors in the specialty polystyrene resin market are its properties such as protection (from moisture, rust, dust, and others) in applications, such as packaging, healthcare, and cosmetics and insulation properties in the building & construction and automotive & transportation industries.
- Published: January 2019
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AWS(US) and IBM(US) are the Major Players in the Cloud Datawarehouse Market
The global Cloud Data Warehouse Market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 22.3% during the forecast period, to reach USD 12.9 billion by 2026 from USD 4.7 billion in 2021. Key factors that are expected to drive the growth of the market are the increasing role of business intelligence and data analytics in the enterprise management, growing dependence on data-driven decision-making to improve business performance, and requirement of regulatory governance and security.
- Published: January 2019
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BASF (Germany) and DowDuPont (US) are the Key Players in the Wearable Materials Market
The market size for wearable materials is estimated at USD 1.5 billion in 2018 and is projected to reach USD 2.9 billion by 2023, at a CAGR of 15.0% between 2018 and 2023. Increasing demand for low-cost wearables, rise in chronic health conditions, and increasing disposable income is expected to drive the demand for wearable materials during the forecast period.
- Published: January 2019
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Hisamitsu Pharmaceuticals, Mylan and Novartis are leading players in Transdermal Drug Delivery Systems Market
The transdermal drug delivery systems market is projected to reach USD 7.1 billion by 2023 from an estimated USD 5.7 billion in 2018, at a CAGR of 4.5% during the forecast period of 2018 to 2023. Market growth is largely driven by the global increase in the prevalence of chronic diseases. In addition, technological advancements in transdermal drug delivery systems are also expected to support market growth in the coming years.
- Published: January 2019
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Market Leader - Microgrid Control System Market
The global microgrid control system market is expected to grow from an estimated USD 2.0 billion in 2018 to USD 3.6 billion by 2023, at a CAGR of 13.01%. Factors such as increasing demand for reliable and resilient power supply worldwide, increasing government investments in microgrid projects and growing adoption of renewable resources are driving the microgrid control system market.
- Published: January 2019
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General Electric Company (US) and Koninklijke Philips N.V. (Netherlands) are leading players in Medical Imaging Workstations Market
The global medical imaging workstations market is projected to reach USD 1,377 million by 2023 from USD 897 million in 2018, at a CAGR of 8.9%. The rising global burden of target diseases, increased product commercialization, rising public-private investments to support product development, evolving user preference for digital platforms, and the establishment of new medical facilities are the major factors driving the growth of the global medical imaging workstations market.
- Published: January 2019
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Key Players Adopted Various Growth Strategies, such as new Product Launches, Partnerships, Agreements, and Acquisitions, to Further Expand their Presence in the Middle East Cloud Applications Market
MarketsandMarkets expects the middle east cloud applications market to grow from USD 2.0 billion in 2019 to USD 4.5 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 17.5% during the forecast period. The growing number of investments in digitization are expected to spur the demand for cloud applications across the Middle East.
- Published: January 2019
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players adopted expansions and acquisitions as their key growth strategies from 2015 to 2018 in Anti-Slip Coatings Market
The market size for anti-slip coatings is projected to grow from USD 105 million in 2018 to USD 161 million by 2023, at a CAGR of 6.5% during the forecast period. The major driving factors of the anti-slip coatings market are increasing industrialization and implementation of safety measures for workers and the general public.
- Published: January 2019
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Rockwool International A/S (Denmark) and Owens Corning (US) are leading players in Tank Insulation Market
The tank insulation market size is estimated to be USD 5.2 billion in 2018 and is projected to reach USD 6.5 billion by 2023, at a CAGR of 4.50% between 2018 and 2023. Rising environmental awareness is contributing to the growth of the market. Growing demand for insulation technologies in the oil & gas and chemical industries has created various opportunities for tank insulation manufacturers. However, volatile raw material prices act as a restraint for the market growth.
- Published: January 2019
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Microsoft (US) and SAP (Germany) are leading players in Event Stream Processing Market
Event stream processing is the process of real-time analyzing the stream of data to derive the meaningful result from the streams generated. Event stream can be business transactions or information reports. Event stream processing helps analyze the huge amount of data in motion, which enables the user to aggregate, categorize, and cleanse it before it is stored. It is used in the verticals, such as IT and telecom; manufacturing; energy and utilities; transportation and logistics; Banking, Financial Services and Insurance (BFSI); and retail and eCommerce. ESP’ s major application includes predictive maintenance, fraud detection, network monitoring, algorithmic trading, and sales and marketing management.
- Published: January 2019
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Market Leaders: Acquisition and new product development are the key strategies adopted by key players in the global Powder Induction and Dispersion System Market
The powder induction and dispersion system market is estimated at USD 843 million in 2018 and is projected to reach USD 1,112 million by 2023, growing at a CAGR of 5.7% during the forecast period.
- Published: January 2019
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Market Leader: increase in the demand for soft drinks and fortified beverages is driving the market for Beverage Flavoring Systems
The global beverage flavoring systems market was valued at USD 3.8 billion in 2018 and is projected to reach USD 5.2 billion by 2023, at a CAGR of 6.1% from 2018 to 2023. Increasing demand for soft drinks and growing awareness about the natural and clean-label food additives in beverages, active participation of international bodies in the R&D of flavoring systems, and increased global demand for fortified beverages are some factors that are driving the market. The key players profiled in the beverage flavoring systems market include Cargill (US), Archer Daniels Midland Company (ADM) (US), Givaudan (Switzerland), Sensient Technologies (US), Kerry (Ireland), International Flavors and Fragrances (IFF) (US), Firmenich (Switzerland), Tate & Lyle (UK), MANE (France), Döhler (Germany), Takasago (Japan), Flavorchem Corporation (US), and Frutarom (Israel).
- Published: January 2019
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Nanomechanical Testing Companies - Bruker and MTS System Corporation are the Key Players
The global nanomechanical testing market is expected to grow from USD 279 million in 2018 to USD 345 million by 2023, at a CAGR of 3.65% from 2018 to 2023. The increasing demand for testing various materials to understand its properties on a nanoscale would increase the market for nanomechanical testing services for several applications, such as life sciences, industrial manufacturing, and material development.
- Published: January 2019
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Oracle (US) and Verint Systems (US) are leading players in Identity Analytics Market
The global identity analytics market size is expected to grow from USD 291 million in 2018 to USD 1,093 million by 2023, at a Compound Annual Growth Rate (CAGR) of 30.3% during 2018–2023. Major driving factors for the market include rising demand for enterprise mobility solutions, demand for a more comprehensive defense system to reduce risk and enhance security, increase in the IT security budget for advanced identity management solutions among enterprises, and rise in awareness about compliance management.
- Published: January 2019
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New revenue pockets: modernization in farming practices and high demand for pesticides drives the market growth in Pesticide Inert Ingredient Market
The pesticide inert ingredient is added to the active ingredients to formulate the pesticide final product. When the inert ingredient is added to the formulation, it modifies the surface tension between pesticide spray drops and plant leaf surface to achieve better wetting, distribution, and penetration quality, resulting in an enhanced pesticide effect. The effectiveness of a pesticide increases manifolds with the addition of inert ingredients. The global market for pesticide inert ingredients is projected to grow at a steady rate, and the growth of the market is highly dependent on the requirement of crop protection products for improving the quality of crops. The pesticide inert ingredients market is projected to grow at CAGR of 6.14% from USD 3.5 billion in 2018 to 4.7 billion during the forecasted year of 2023.
- Published: January 2019
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Market Leaders - Gas-Insulated Substation Market
The global gas-insulated substation market is projected to reach USD 29.5 billion by 2023 at a CAGR of 9.27%, from an estimated USD 18.9 billion in 2018. Rising investments in the transmission & distribution infrastructure along with the space being a major constraint in the energy demanding densely populated areas are factors that are driving the gas-insulated substation market.
- Published: January 2019
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Wacker Chemie and Mitsubishi Chemical Corporation are leading players in Silicone Film Market
The market size of silicone film is estimated to be USD 794 million in 2018 and is projected to reach USD 1,087 million by 2023, at a CAGR of 6.5% from 2018 to 2023.
- Published: January 2019
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3M (US), Optum (US), and Nuance (US) are the leading players in the Mid-Revenue Cycle Management /Clinical Documentation Improvement Market
The mid-revenue cycle management/clinical documentation improvement market is projected to reach USD 4.5 billion by 2023 from USD 3.1 billion in 2018, at a CAGR of 7.9%. Market growth is largely driven by the increasing utilization of mid-RCM solutions to reduce healthcare costs, check the loss of revenue due to medical billing and coding errors, resolve issues raised by the decline in reimbursement rates, manage ever-increasing amounts of unstructured data, and maintain regulatory compliance.
- Published: January 2019
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Market Leaders - Automated Feeding Systems Market
The automated feeding systems market, in terms of value, is estimated to account for nearly USD 5.1 billion in 2018 and projected to grow at a CAGR of 7.6%, to reach nearly USD 7.4 billion by 2023. The global automated feeding systems market is growing significantly in accordance with the commercialization, the increasing size of dairy farms, and the growing demand for milk and dairy products. The conventional techniques are proved to be unsuitable for large and commercial farm operations, which has led to the rising demand for automatic feeding systems and offers substantial cost advantages over conventional, manual feeding techniques globally.
- Published: December 2018
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Market Leader - Seam Tapes Market
The global seam sealing tapes market size is expected to grow from USD 205 million in 2018 to USD 283 million by 2023, at a compound annual growth rate (CAGR) of 6.7% during the forecast period. The growing sports and outdoor apparel industry is expected to drive the growth of the seam sealing tapes market.
- Published: December 2018
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DowDuPont (US) and Chemours Company (US) are the Leading Players in the Opacifiers Market
The opacifiers market size is estimated to be USD 15.2 billion in 2018 and is expected to reach USD 20.6 billion by 2023, with a CAGR of 6.2% during the forecast period. Factors such as growth in end-use industries, namely, paints & coatings, plastics, and ceramics are expected to drive the market. The major restraint for the market will be the regulations imposed on usage of certain oxides. However, the role of nanotechnology and technological advancements in opacifier production will act as an opportunity for the market.
- Published: December 2018
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Giesecke+Devrient (Germany) and De La Rue plc (UK) are the Key Players in the Security Paper Market
The security paper market is projected to grow from USD 11.4 billion in 2018 to USD 14.8 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 5.42% from 2018 to 2023. Key factors driving the growth of the global security paper market include increasing tourism, the rising demand for printing, reprinting, and circulation of banknotes, and the growing demand for highly secured documents.
- Published: December 2018
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New Revenue Pockets: Increasing Global Demand for Superior-Quality Feed Products is Driving the Probiotic Ingredients Market
The probiotic ingredients market is growing, at a CAGR of 8.5%. The global demand for probiotic ingredients is increasing significantly due to the growing awareness among customers about its direct relation to digestive health benefits, the rising demand for high-nutrient foods, and the increasing demand for quality feed products. Scientists engaged in the bioengineering of probiotic strains are manipulating the genes of the strains to improve the tolerance of the microorganisms against pathogens, thereby aiding in improving the functional properties of conventional strains. Probiotic strains are projected to witness an increasing demand due to their stabilizing effect on the digestive system and its growth promoting potential. It also finds application as an immunity booster and could prove beneficial for reducing stress levels in end users. The Asia Pacific region is projected to hold the largest market due to the natural predisposition among consumers in this region for taking supplements. The ban on the use of antibiotic growth promoters (AGPs) due to its adverse health effects on animals and humans is also driving the demand for probiotics as well as probiotic strains and is projected to present opportunities to the existing and new market entrants. However, stringent international standards, regulations, and high production costs are projected to hinder the market growth in the next few years.
- Published: December 2018
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Alfa Laval (Sweden) and GEA Group (Germany) are Top Two Players in Clean-in-Place Market
The clean-in-place market is expected to grow from USD 7.5 billion in 2018 to USD 15.4 billion by 2023, at a CAGR of 15.49%. The rapid automation of processing plants and stringent government policies for manufacturing companies to comply with food hygiene and safety standards provide lucrative opportunities for the players in the clean-in-place market. Advantages of CIP systems in various applications, increased use of CIP systems in the pharma industry, and high demand for processed and convenience food and dairy products, as well as for beverages are the major factors driving the market growth.
- Published: December 2018
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Thermo Fisher Scientific is one of the Leading Players in the Cell Surface Markers Market
The cell surface markers market is projected to reach USD 769 million by 2023 from USD 520 million in 2018, at a CAGR of 8.1% during the forecast period. The growth of this market is majorly driven by the increasing funding for life sciences research, high global prevalence of cancer, and growth in stem cell and neurobiology research.
- Published: December 2018
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Safety Laser Scanner Companies - Leuze Electronics GmbH (Germany) and OMRON Corporation (Japan) are the Key Players
The overall safety laser scanner market is expected to grow from USD 304 million in 2018 to USD 406 million by 2023, at a high CAGR during the forecast period. Safety laser scanners offer a long-term cost-effective solution for use with new machine installations or for retro fitting machines, plants, or even vehicles. Therefore, small form factor, high user-friendliness, seamless integration, and high on power efficiency collectively are responsible for the overall growth of the market. The healthcare & pharmaceutical end-user industry is likely to exhibit the highest CAGR during the forecast period. Additionally, the mobile safety laser scanner market is expected to witness increased adoption across automotive, consumer goods & electronics, and healthcare & pharmaceuticals end-user industry in future.
- Published: December 2018
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Merger & Acquisitions and Operations of end-use Industries at Full Capacities to Give Boost to the PVDC Coated Films and Acrylic Coated Films Demand During the Forecast Period
PVDC and acrylic coated films are used in a various of end-use industries, including, health & personal care, and food & beverage. PVDC coated films and acrylic coated films have properties such as superior moisture barrier, excellent aroma barrier, mineral oil barrier, and high dimensional stability. They also possess characteristics such as superior optical properties, low sealing threshold, and high gloss performance. These films are used in packaging, printing, labeling, and many other applications. These films exhibit a broad sealing range and excellent machinability, which makes them suitable for all packaging machines. However, amidst the global COVID-19 pandemic, the demand for PVDC and acrylic coated films from the industries mentioned above is expected to show a decline. The global PVDC coated films market size is expected to grow from USD 1.5 billion in 2020 to USD 2.2 billion by 2025, projecting a CAGR of 7.0 % and the global acrylic coated films market size is expected to grow from USD 672 million in 2020 to USD 965 million by 2025, projecting a CAGR of 7.5 % during the forecast period between 2020 and 2025.
- Published: December 2018
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Nippon Shokubai (Japan) and Reverdia (Netherlands) are Leader and Contributor to the Growth of the Succinic Acid Market
The global succinic acid market is estimated to be USD 132 Million in 2018 and is projected to reach USD 183 Million by 2023, at a CAGR of 6.8%. This growth is mainly attributed to the high demand from the chemical, food & beverage, coatings and pharmaceutical industries. The companies concentrated more on agreements and partnerships to improve the sales of their product between 2014 and 2018.
- Published: December 2018
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Clariant is Among the Key Players in the Plastic Pigments Market
The market size of plastic pigments is estimated at USD 10.3 billion in 2018 and is projected to reach USD 14.8 billion by 2023, at a CAGR of 7.5% from 2018 to 2023.
- Published: December 2018
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Consumer IoT Companies - Qualcomm (US) and Samsung Electronics (South Korea) are the Key Players
Consumer Internet of Things (IoT) is the network of consumer devices used in various end-applications, such as smart homes, healthcare, and consumer electronics. The consumer IoT market is estimated to be worth USD 46.8 billion by 2018 and is projected to reach USD 104.4 billion by 2023, at a CAGR of 17.39% during 2018–2023. Growing number of internet users and adoption of smart devices, increasing awareness about fitness and rise in disposable incomes in developing economies, consumer preference for increased convenience and better lifestyle, increasing significance of home monitoring from remote locations, and government regulations for security of IoT devices are the major factors driving the growth of this market.
- Published: December 2018
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Market Leader - MOOC Market
The global Massive Online Open Source (MOOC) market size is expected to grow from USD 3.9 billion in 2018 to USD 20.8 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 40.1% during the forecast period. Major growth factors for the market include an increasing need for scalable open education, global training, and cost-effective education platforms.
- Published: December 2018
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Atos is one of the Prominent Players in the Global Network Encryption Market
The global network encryption market size is expected to grow from USD 2.9 billion in 2018 to USD 4.6 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 9.8% during 2018–2023. Major driving factors for the market include an increasing demand to meet many regulatory compliances, a growing need to shield organizations from network security breaches, and increasing adoption of optical transmission.
- Published: December 2018
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Continental AG (Germany) and Visteon (US) are the Leading Player in the Multi Domain Controller Market
The multi domain controller market is projected to grow from USD 1.3 billion in 2018 to USD 20.2 billion by 2030, at a CAGR of 25.7% during the forecast period. The demand for enhanced safety, convenience, and comfort features in automobiles is growing. These rapid changes compel auto manufacturers to alter their electronic architecture repetitively in order to stay competitive in the market. These continuous additions to the powertrain, HEV/EV, chassis, advanced driver assistance, and infotainment systems are expected to drive the growth of the multi domain controller market.
- Published: December 2018
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Market Leader - EV Connectors Market
The global EV connectors market is projected to grow at a CAGR of 18.44% during the forecast period to reach USD 98 million by 2025 from an estimated USD 30 million in 2018. The base year for the report is 2017, and the forecast period is from 2018 to 2025.
- Published: December 2018
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Veolia (US) and Eaton Corporation (US) are the Major Player in the Water Filters Market
The global water filters market size is estimated to be USD 10.8 billion in 2018 and is projected to reach USD 14.7 billion by 2023, at a CAGR of 6.3%. This market’s growth is mainly attributed to the high demand from oil & gas, chemicals & petrochemicals, food & beverages, and pharmaceuticals end-use industries.
- Published: December 2018
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Insulation Monitoring Devices Companies - ABB (Switzerland) and Littelfuse (US) are the Key Players
The insulation monitoring devices market is expected to grow from USD 579 million in 2018 to USD 748 million by 2023, at a CAGR of 5.25% during the forecast period. The prevention of data loss due to power supply fluctuations, necessity of electricals in IT systems, and increased demand for insulation monitoring devices from renewable energy power plants
- Published: December 2018
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IBM and Oracle are leading players in In-Memory Data Grid Market
The global in-memory data grid market size is expected to grow from USD 1.4 billion in 2018 to USD 2.3 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 10.8% during the forecast period. Major driving factors for the market include an increasing use of distributed architecture to enhance limited storage capacity of main memory and focus on eliminating the need for relational data model and database.
- Published: December 2018
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Key players have adopted various growth strategies, such as partnerships, agreements, and collaborations and new product launches, to expand their presence in the Military Computers Market
The military computers market size is expected to grow from USD 7.9 billion in 2018 to USD 10.5 billion by 2023, at a CAGR of 5.85% during the forecast period. The major driving factors for the military computers market are the modernization of weapon systems, demand for portable and rugged computers in battlefields, and shift from traditional warfare toward technological warfare.
- Published: December 2018
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