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IBM (US) and Symantec (US) are the Key Players in the Data Protection Market
The overall data protection market size is estimated to be USD 57.22 Billion in 2017 and is expected to reach USD 119.95 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 16.0%. The major factors driving the growth of the data protection market include growth of enormous amount of data and the need for data security and privacy concerns, regulations to increase the adoption of data protection solutions, and rising concerns of critical data loss in the on-premises environment.
- Published: February 2018
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Market Leader - Plastic Fasteners Market
The plastic fasteners market is estimated at USD 4.45 Billion in 2017 and is projected to reach USD 6.04 Billion by 2022, at a CAGR of 6.3% from 2017 to 2022. Increasing demand from the automotive sector in Asia Pacific, growth of the Asian and North American construction industry, and high demand for electric vehicles globally are expected to drive the plastic fasteners market.
- Published: February 2018
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Eastman Chemical (US) and LANXESS (Germany) are the Major Players in the Triacetin Market
The triacetin market is projected to reach USD 309.9 Million by 2022, at a CAGR of 4.8% between 2017 and 2022. The growth of the triacetin market can be attributed to the increasing demand from end-use industries, such as tobacco, food & beverage, pharmaceutical, and cosmetic.
- Published: February 2018
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Acoustic Emission Testing Companies - TUV Rheinland (Germany) and MISTRAS (US) are the Key Players
The acoustic emission testing market is expected to reach USD 349.9 Million by 2023, from USD 245.8 Million in 2018, at a CAGR of 7.32% during the forecast period.
- Published: February 2018
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Vertical Lift Module (VLM) Companies - Kardex (Switzerland) and Haenel (Germany) are the Key Players
Maintaining the efficient supply chain requires careful storage and safe handling of products in the warehousing facility. Furthermore, quick order processing helps organizations to ensure easy availability of their products in the market. Vertical lift module (VLM) offers an excellent option for warehouse operating companies to efficiently manage their material handling operations, resulting in increased productivity and profit. The VLM market is expected to be worth USD 1.68 Billion by 2023, at a CAGR of 9.3% between 2018 and 2023.
- Published: February 2018
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SPX (US) and Enexio (Germany) are the Major Players in the Field-Erected Cooling Tower Market
The field-erected cooling tower market is projected to reach USD 2.15 Billion by 2022, growing at a CAGR of 3.78% from 2017 to 2022. This market growth is primarily driven by stringent environmental regulations and growth in industrial activities.
- Published: February 2018
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BMC Software (US) and CenturyLink (US) are the Key Players in the Managed Application Services Market
The managed application services market size is estimated to be USD 2.02 Billion in 2017 and is expected to reach USD 5.54 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 22.4% during the forecast period. The major factors driving the growth of the managed application services market include the increasing demand for end-to-end application hosting services and the rising sophistication level of application infrastructure.
- Published: February 2018
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Capgemini (France) and Micro Focus (UK) are the Leading Players in the Digital Assurance Market
The digital assurance market is expected to grow from USD 2.90 Billion in 2017 to USD 5.46 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 13.5% during the forecast period. The major drivers for the digital assurance market are the increasing implementation of digital transformation initiatives, increasing use of agile and DevOps methodologies, and test automation that lowers the operational costs and enhance the Quality Assurance (QA).
- Published: February 2018
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Fluoropolymer Films Companies - The Chemours Company (US) & Saint-Gobain (France) are Leading Players in the Fluoropolymer Films Market
The fluoropolymer films market size is projected to reach USD 2.62 Billion by 2022, at a CAGR of 5.9% 2017 and 2022. Fluoropolymer film is a base material with significant physical properties, such as high-temperature tolerance, low coefficient of friction, chemical inertness, weather/UV resistance, and negligible moisture absorption. These films also have excellent optical and dielectric properties. Its unique capabilities make it preferable across applications, such as electrical & electronics, medical & pharmaceuticals, automotive & aerospace, and industrial. These films can be heat-sealed, metalized, laminated, thermoformed, welded, and die-stamped. These films have superior dielectric properties across a wide temperature and frequency range.
- Published: February 2018
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Aircraft Cabin Lighting Companies - Rockwell Collins (US) and Diehl Stiftung (Germany) are the Key Players
The aircraft cabin lighting market is projected to grow from an estimated USD 1.46 Billion in 2017 to USD 2.00 Billion by 2022, at a CAGR of 6.48% during the forecast period. This growth can be attributed to increasing aircraft orders due to the rise in passenger traffic across the globe. Increasing emphasis on passenger experience is also driving the aircraft cabin lighting market.
- Published: February 2018
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Artificial Intelligence in Marketing Companies - Amazon.com (US), NVIDIA (US), are the Key Players
The Artificial Intelligence (AI) in Marketing Market is expected to be valued at USD 6.46 Billion in 2018 and is likely to reach USD 40.09 Billion by 2025, at a CAGR of 29.79% during the forecast period. Growth in the adoption of customer-centric marketing strategies, increase in demand for virtual assistants, and increased use of social media for advertising are the major factors driving the demand for AI-based marketing and sales solutions.
- Published: February 2018
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Microsoft (US) and Ayehu Software Technologies (US) are the Major Players in the Workflow Orchestration Market
The workflow orchestration market is projected to grow from USD 13.81 Billion in 2017 to USD 50.82 Billion by 2022, at a CAGR of 29.8% during the forecast period. Increased adoption of workflow orchestration by organizations to improve operational efficiency, productivity levels, and business outcomes is one of the most significant factors projected to drive the growth of the workflow orchestration market. Digital transformation of organizations and the need to streamline business processes are expected to offer lucrative growth opportunities to workflow orchestration providers in the near future.
- Published: February 2018
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New Product Launches, Expansions, and Acquisitions are Some of the Major Strategies Adopted by these Players to Enhance their Business Prospects in the Metal Injection Molding Market.
The metal injection molding market is projected to grow from 2.58 Billion in 2017 to USD 3.77 Billion by 2022, at a CAGR of 7.83% from 2017 to 2022. The growth of the market can be attributed to the increasing use of metal injection molded parts in various end-use industries, such as electrical & electronics, medical & orthodontics, automotive, firearms & defense, industrial, and consumer products. The metal injection molding market has been segmented on the basis of material type, end-use industry, and region.
- Published: February 2018
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IBM Corporation (US) and Informatics Corporation (US) are the Key Players in the Data Quality Tools Market
In today’s dynamic business environment, sustainability is the biggest challenge for every enterprise. With the substantial proliferation of data around numerous business functions, such as marketing, sales, operations, and human resources, the need to ascertain the quality of data has increased rapidly. Enterprises are investing heavily to harness benefits from the increasing volumes of data as well as to ensure the quality and continuous affordability to meet the customers’ demands. Eventually, these investments are crucial for improving the quality of data using data quality tools. The enterprises are encompassing data quality tools to improve the overall business performance and develop advanced business strategies to optimize the risk exposure to accelerate the growth and profitability. Machine learning has played a vital role in increasing the visibility and has also assisted in managing and improving the data quality. This, in turn, is driving the overall growth of the data quality tools market.
- Published: February 2018
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Product Launches and Market Expansions are the Key Growth Strategies Adopted by Leading Market Players in the Global Guidewires Market
The global guidewires market is projected to reach USD 764.0 Million by 2022 from 605.2 Million in 2017, at a CAGR of 4.8%. Some of the factors driving the growth of this market are the increasing target disease incidence, continuous product launches by major manufacturers, and favorable medical reimbursements for guidewires in developed countries. However, high cost of surgical guidewires, spending cuts & excise duties on medical devices and dearth of skilled surgeons for minimally invasive surgeries are the key challenges faced by a majority of the guidewires manufacturers across the globe.
- Published: February 2018
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New Product Launches, Contracts & Agreements, and Partnerships in the Battery Monitoring System Market
The global battery monitoring system market is projected to grow at a CAGR of 18.23%, from 2017 to 2022. In 2017, North America is estimated to be the largest market for battery monitoring systems, followed by Asia Pacific and Europe. The growth of the battery monitoring system market is mainly driven by a booming demand for global connectivity, accompanied by an increasing demand for data centers, increasing investments in renewable energy, energy storage, and the infrastructure industry to accommodate the rising demand for power globally.
- Published: February 2018
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Meggitt (UK), United Technologies (US), and Halma (UK) are Some of the Key Players Operating in the Aircraft Fire Protection Systems Market
Aircraft fire protection systems are used to detect fire breakouts in aircraft, issue warnings for the same, and extinguish the fires. The aircraft fire protection systems market is projected to grow from an estimated USD 911.6 Million in 2017 to USD 1,157.7 Million by 2022, at a CAGR of 4.90% from 2017 to 2022. The aircraft fire protection systems market in the Asia Pacific is projected to grow at a significant pace during the forecast period. Increasing disposable incomes of the middle-class populations in countries, such as India and China are contributing to the growth of the international tourism industry, thereby increasing the number of air passengers in the region. This, in turn, is leading to the growth of the aircraft fire protection systems market in the Asia Pacific.
- Published: February 2018
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Inert Gas Generator System Companies - Honeywell (US) and Parker Hannifin (US) are the Key Players
The Inert Gas Generator Systems (IGGS) market is estimated to grow from USD 746.7 Million in 2017 to USD 2,121.0 Million by 2022, at a CAGR of 23.22% during the forecast period. The IGGS market is a technologically advanced and very product-specific market with a good number of players. Factors such as growing demand for onsite IGGS in industries, increasing number of commercial & military cargo aircraft procurement and retrofitting programs worldwide, and increasing marine cargo ship fleet size are expected to drive the IGGS market in the coming years.
- Published: February 2018
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Market Leader - AI in Telecommunication Market
Artificial Intelligence (AI) is the theory and development of computer systems having the capability of performing tasks that require human intelligence. In the AI in telecommunication market, AI-enabled solutions and services perform various functions, such as network functions, customer analytics, network security, self-diagnostics and optimization, speech and voice service, and virtual assistance, in the telecommunication industry to improve the customer experience on the telecommunication network.
- Published: February 2018
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Market Leader - Film Thickness Measurement Market
Film thickness measurement is a process used to measure the thickness of films or coatings across various end-use products deployed in a myriad of industries. Film thickness measurement is a critical measurement as it creates a significant impact on the coating quality, as well as cost. In addition, film thickness measurements are used to assess the life expectancy of coatings. This plays an important role in the overall product’s performance and appearance. Furthermore, film thickness measurement also aids end-user industries to meet the regulatory compliance framed by international standards.
- Published: February 2018
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SmartBear Software (UK) and CA Technologies (US) are the Top Players in the Cloud Testing Market
The cloud testing market is gaining traction on a global scale, due to various reasons, including rapidly growing cloud adoption and reduced cost of ownership. Therefore, cloud testing providers are making efforts to enhance and boost their revenues. Strategic partnership is an important strategy adopted by the key market players to develop new services and gain traction in the cloud testing market. MarketsandMarkets forecasts the cloud testing market to grow from USD 5.55 Billion in 2017 to USD 10.24 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 13.01% during the forecast period.
- Published: February 2018
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Eaton (Ireland) and Schneider (France) are the Major Players in the Recloser Control Market
The global recloser control market is expected to grow at a CAGR of 6.22%, from 2017 to 2022, to reach a market size of USD 1.52 Billion by 2022. The increasing demand for electric power worldwide, rapid industrialization, and increased investment in automated power equipment are factors likely to drive the recloser control market during the forecast period.
- Published: February 2018
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Schaeffler (Germany) and GKN (UK) are the Leading Player in the Driveline Market
The driveline market for electric and hybrid vehicle is estimated to grow at a CAGR of 16.92% from 2017 to 2025, to reach USD 63.32 Billion by 2025. Increasing stringency in emission regulations has triggered the development and sale of battery electric vehicles (BEV), hybrid vehicles (HEV), and Plug-In Hybrid Vehicles (PHEV). Factors such as increase in sales of the electric & hybrid vehicles, technological advancements such as E-CVT, E-axle, E-drive, and lightweight & efficient drivelines are ultimately fueling the driveline market for electric and hybrid vehicle.
- Published: February 2018
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The Strategy of Acquisitions was the Key Strategy Adopted by Leading Players of the Ceramic Adhesives Market
The ceramic adhesives market is projected to reach USD 7.84 Billion by 2022, at a CAGR of 5.1% from 2017 to 2022. The growth of the ceramic adhesives market can be attributed to the increasing use of ceramic adhesives in residential buildings and rising demand for these adhesives from emerging economies such as China, India, Brazil, and Colombia.
- Published: February 2018
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Market Leader - OpenStack Service Market
The OpenStack service market is estimated to be USD 1.63 Billion in 2017 and is projected to reach USD 5.66 Billion by 2022, at a CAGR of 28.3% during the forecast period. Some of the major factors driving the growth of the OpenStack service market include fast and easy deployment of OpenStack solutions and services, no compulsion of vendor lock-in, and broad community support.
- Published: February 2018
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Imerys Minerals (UK) and Sibelco Nordic (Norway) are the Major Players in the Feldspar Market
The feldspar market was valued at USD 547.0 Million in 2017 and is projected to reach USD 745.7 Million by 2022, at a CAGR of 6.4% between 2017 and 2022. The market does not have any significant developments in the past five years. Feldspar reserves are limited to specific geographical locations, and the mining of feldspar is already being carried out at these locations. The major mining companies in countries such as Turkey, Italy, and China export feldspar to other industries around the globe. These countries supply feldspar to other countries, where there is a demand for feldspar in the manufacturing of glass and ceramics.
- Published: February 2018
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Pre-Shipment Inspection Companies - SGS (Switzerland), Bureau Veritas (France), are the Key Players
The global Pre-Shipment Inspection Market is expected to increase from USD 11.60 Billion in 2018 to USD 14.83 Billion by 2023, at a CAGR of 5.04% between 2018 and 2023. Some of the key factors driving this market are the growing consumer spending and ongoing rapid urbanization in emerging markets, increasing incidents of product recalls across the world, and surging counterfeiting and piracy activities.
- Published: February 2018
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Arconic Inc. (US) and 3A Composites (Switzerland) are the Key Players in the Aluminum Composite Panels Market
An aluminum composite panel is a type of composite material, consisting of two aluminum alloy sheets attached to a thermoplastic polyethylene (PE), which is a fire-resistant metal core. It has superior mechanical properties; it is lightweight, durable, impact resistant, and can be easily cut, curved, and shaped as required. This panel is available in a variety of colors that allow architects and designers to create innovative designs for modern architectural purposes such as exterior cladding and interior decoration. MarketsandMarkets projects that the aluminum composite panels market size will grow from USD 6.29 billion in 2017 to USD 8.79 billion by 2022, at a compound annual growth rate (CAGR) of 6.92% from 2017 to 2022. The increase in demand for aluminum composites panels from the building & construction sector is driving the growth of the aluminum composite panels market.
- Published: February 2018
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New Product Launches Strategy is Expected to Help the Company Expand Its Product Offerings in the Acoustic Microscopy Market.
The acoustic microscopy market is estimated to be USD 951.0 Million in 2018 and is projected to reach USD 1,241.2 Million by 2023, at a CAGR of 5.47% during the forecast period. Safety regulations formulated by governments and international bodies, growth of various end-use industries, and increased funding for R&D in microscopy are key factors projected to drive the growth of the acoustic microscopy market. Increased focus on nanotechnology and regenerative medicine is also contributing to the growth of the acoustic microscopy market.
- Published: February 2018
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Market Leader - Variable Speed Generator Market
The global variable speed generator market is projected to reach a market size of USD 8.36 Billion by 2022, growing at a CAGR of 7.63%. In 2017, the market in Asia Pacific is estimated to be the largest for variable speed generators, followed by North America. This trend is expected to continue till 2022. The growth of variable speed generator market is driven by the rising alternative energy programs, increasing government mandates over energy efficiency, and growing industrialization & urbanization.
- Published: February 2018
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Video Measuring System Companies - Hexagon (Sweden), Carl Zeiss (Germany) are the key players
The video measuring system market is expected to be valued at USD 636.0 Million by 2023, growing at a CAGR of 8.5% between 2018 and 2023. Factors supporting the growth of the video measuring system market include the increasing adoption of non-contact measurement based on computer numerical control (CNC) technology, increasing focus on quality control, advantages of video measurement as compared to the conventional measurement method and increasing need for highly efficient, reliable, and precision measurement technology.
- Published: February 2018
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Qualcomm (US) and Qorvo (US) are the Leading Players in the Wireless Mesh Network Market
The wireless mesh network market is gaining traction owing to the rapid demand in bandwidth requirement and growing adoption of smart connected devices across various industry verticals. Need for consistent and stable network, and reduction in the cost of connected devices are some of the other factors that are expected to contribute to the growth of the wireless mesh network market. MarketsandMarkets forecasts the wireless mesh network market size to grow from USD 3.89 Billion in 2017 to USD 7.44 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 13.8% during the forecast period.
- Published: February 2018
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Daimler (Germany) and Volvo (Sweden) are the Leading Player in the High-Performance Trucks Market
The high-performance trucks market is projected to grow at a CAGR of 4.06% from 2017 to 2025, and the market size is projected to reach 2.5 Million units by 2025 from 1.8 Million units in 2017. The market growth is primarily driven by the increasing demand for high load capacity trucks, with improved fuel efficiency & reduced emissions, which in turn is triggered by the increasing demand for applications of high power output trucks in refrigeration, construction & mining, distribution, and others.
- Published: February 2018
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New Product Launches, Expansions & Investments, Agreements & Partnerships, and Mergers & Acquisitions in the Dairy Enzymes Market
The key players profiled in the dairy enzymes market, which have a strong global presence, include DowDuPont (US), DSM (Netherlands), Chr. Hansen (Denmark), Novozymes (Denmark), Advanced Enzymes Technologies (India), Kerry Group (Ireland), Amano Enzymes (Japan), Fytozimus Biotech (Canada), Enmex (Mexico), SternEnzym (Germany), Biocatalysts (UK), and Connell Bros (US).
- Published: February 2018
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New Product Launches was the Key Strategy Adopted by the Industry Players to Grow in the Construction Adhesives Market.
The construction adhesives market is projected to reach USD 11.60 Billion by 2022, at a CAGR of 5.0% from 2017 to 2022. The market is mainly driven by factors such as the increased demand for construction adhesives from the residential housing and infrastructure industries and in ASEAN and MEA countries and safe and easy application of construction adhesives.
- Published: February 2018
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Electroactive Polymers Companies - Solvay (Belgium) & Parker Hannifin (US) are Leading Players in the Electroactive Polymers Market
The electroactive polymers market is estimated at USD 3.51 Billion in 2017 and is projected to reach USD 5.12 Billion by 2022, at a CAGR of 7.9% between 2017 and 2022. Mergers & acquisitions and new product launches are the key strategies adopted by the major players to strengthen their footholds in the electroactive polymers market. The Asia Pacific region, followed by the North American and European regions witnessed the maximum number of strategic developments undertaken by various players between 2012 and 2017
- Published: February 2018
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Market Leader - Textured Soy Protein Market
The market for textured soy protein is estimated at USD 1.73 Billion in 2017 and is projected to grow at a CAGR of 9.5% from 2017 to 2022. The textured soy protein market is segmented on the basis of type, application, source, and region. The types of textured soy protein include non-GMO, conventional, and organic textured soy protein. This market has also been segmented on the basis of application into food which includes meat substitutes, dairy alternatives, bakery products, infant nutrition, cereals & snacks, and feed. The market has been segmented on the basis of source into soy protein concentrates, soy protein isolates, and soy flour. On the basis of key regions, the textured soy protein market has been segmented into North America, Europe, Asia Pacific, and the Rest of the World (RoW).
- Published: February 2018
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Synopsys (US) and WhiteSource Software (US) are the Major players in the Software Composition Analysis Market
The software composition analysis market is expected to grow from USD 154.0 Million in 2017 to USD 398.4 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 20.9% during the forecast period. The software composition analysis market is projected to grow mainly due to the increasing levels of threats on open-source codes.
- Published: February 2018
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Ericsson (Sweden) and Wipro (India) are the Major Players in the Telecom System Integration Market
Intense competition has compelled telecom companies to optimize their business processes and offer better services to its customers. Telecom system integration services are witnessing a high demand with the evolution and advancements in network and IT. Telecom system integrators are adopting inorganic growth strategies to strategically partner with key market players to develop new services and gain traction in the market. MarketsandMarkets forecasts the telecom system integration market to grow from USD 16.56 Billion in 2017 to USD 25.16 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 8.7% during the forecast period.
- Published: February 2018
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Aruba (US) and Cisco Systems (US) are the Major Players in the Managed Wi-Fi Solutions Market
The managed Wi-Fi solutions market is gaining traction due to the rapid increase in the deployment of public Wi-Fi across physical venues. Furthermore, an increasing demand for high-speed and widespread network coverage is also a major factor contributing to the growth of managed Wi-Fi solutions market. MarketsandMarkets forecasts the global managed Wi-Fi solutions market size to grow from USD 3.07 Billion in 2017 to USD 6.11 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 14.8% during the forecast period.
- Published: January 2018
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Bayer (Germany) and Cimbria A/S (Denmark) are the Leading Players in the Process Equipment Market
Process equipment market for seed industry includes processed seed market and seed processing equipment market. Seed processing is the refining stage of the post-harvest seed to prepare the seed for sowing or replanting, in the agricultural industry. The seed processing equipment includes the set of equipment required to make the harvested seed commercially available. The equipment considered includes those for grading, sorting, and treatment of the seed, which make it ready for sowing.
- Published: January 2018
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New Product Development and Expansion have been the Key Strategies Adopted by Major Players to Gain Traction in the Digital Instrument Cluster Market
Factors such as the rising sales of electric vehicles, increasing acceptance of semi-autonomous and autonomous vehicles, and increasing demand for luxury vehicles in the global market are driving the digital instrument cluster market. Vehicles belonging to these segments have a high installation rate of digital instrument clusters. The digital instrument cluster market is projected to grow at a CAGR of 19.15% from 2017 to 2025, to reach USD 6.60 Billion by 2025.
- Published: January 2018
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E-House Companies - Siemens (Germany), and ABB (Switzerland) are the Key Players
E house is also called electrical house, prefabricated substation, compact power house, and modular substation, among many others, in the industry. E house are considerably cost-effective solutions than the full-fledged structures built on-site. For instance, in areas where the resource availability (in term of product, manpower, and technology) is limited for a typical on-site substation, e house is the best solution to offset these hindrances. Key players in this market are Siemens (Germany), ABB (Switzerland), Schneider Electric (France), Eaton (Ireland), General Electric (US), CG Power (India), and Meidensha (Japan).
- Published: January 2018
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Security Control Room Companies - ABB (Switzerland) and Barco (Belgium)are the Key Players
The security control room market is expected to grow from USD 7.20 Billion in 2018 to USD 10.00 Billion by 2023, at a CAGR of 6.80% between 2018 and 2023. Government initiatives, modernized policies, and regulations to increase public security and safety worldwide, as well as the increasing need to keep an eye on criminal activities and forecast natural disasters to avoid huge losses, are the major drivers for the security control room market.
- Published: January 2018
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Siemens (Germany) And General Electric (US) are the Leading Players in the PC-Based Automation Market
The PC-based automation market comprises components such as industrial PCs, HMIs, PLCs, and SCADA. PC-based automation is used in process and well as discrete industries to automate and control manufacturing processes in these industries. The PC-based automation market is expected to be valued at USD 38.01 Billion by 2023, growing at a CAGR of 4.9% between 2018 and 2023. Some of the major factors driving the growth of the PC-based automation market are the evolution of IIoT and rising demand for smart automation solutions, increasing need for efficient monitoring in manufacturing plants, and growing emphasis on regulatory compliances.
- Published: January 2018
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The Report Analyzes the Key Growth Strategies Adopted by Leading Players in the Monoethylene Glycol (MEG) Market Between 2015 and 2017.
The MEG market is estimated at USD 24.14 Billion in 2017 and is projected to reach USD 30.40 Billion by 2022, at a CAGR of 4.5% from 2017 to 2022. Growing demand for MEG in the production of PET and fiber and antifreeze & coolant applications especially in APAC region is driving the MEG market.
- Published: January 2018
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Evonik (Germany) and Adisseo (France) are the Key Playrers in the Methionine Market
Methionine is one of the essential amino acids, which is required for tissue repair and its growth, enhancement of pliability, the tone of hair and skin, and to strengthen nails. It is used in the production of various nutritional products such as infant milk, parenteral nutrition, health foods, and sports supplements. It is also recognized as the first limiting amino acid in poultry, high-yielding cows, and pigs’ feed. The market size of methionine is projected to reach USD 4.45 Billion by 2022, at a CAGR of 5.7% between 2017 and 2022. The rise in the consumption of animal-based products, increasing health issues, and implementation of innovative animal husbandry practices to improve meat quality, especially in the Asia Pacific region are driving the demand for methionine globally. However, negative perception about methionine is a major challenge faced by methionine manufacturers.
- Published: January 2018
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SAP Fieldglass (US) and Beeline (US) are the Top Players in the Service Procurement Market
Service procurement are adopted by companies across the globe, due to the increasing number of freelancers in the job market and growing impetus on workforce analytics. Hence, the providers of service procurement, with advancements in the Software-as-a-Service (SaaS) technology, are enhancing their solutions to boost their revenue growth. Strategic partnership is an important growth strategy adopted by the key market players to develop new services and gain traction in the service procurement market. MarketsandMarkets expects the service procurement market to grow from USD 579.5 Million in 2017 to USD 1,011.6 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 11.8% during the forecast period.
- Published: January 2018
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Market Leader - Vascular Graft Market
This market covers vascular grafts that are used to treat different types of aneurysms. These vascular grafts, commonly made from polyesters or ePTFE, are used for hemodialysis vascular access and endovascular aneurysm & thoracic aneurysm repair. This market is expected to reach USD 3.80 Billion by 2022 from USD 2.67 Billion in 2017, at a CAGR of 7.3%. Factors driving the growth of the vascular grafts market include rising demand for endovascular aneurysm repair procedures, increasing incidences of end-stage renal disorders, and growing geriatric population.
- Published: January 2018
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Vision Processing Unit Companies - Movidius (US) and Samsung (South Korea) are the Key Players
The vision processing unit (VPU) market is expected to grow from USD 1.3 billion in 2019 to USD 3.2 billion by 2024 at a CAGR of 18.7%. Major factors driving the market growth include the growing use of premium smartphones, increasing adoption of edge artificial intelligence (AI) technology, rising demand for high-end computing capabilities for computers and machine vision.
- Published: January 2018
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