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OC Oerlikon Management AG (Switzerland) and Carl Zeiss Meditec AG (Germany) are Leading Players in the Hard Coatings Market

The hard coatings market is projected to grow from USD 1.2 billion in 2023 to USD 1.7  billion by 2028, at a CAGR of 7.0% between 2023 and 2028. The driving factors behind the adoption of hard coatings are multifaceted. Firstly, the need for enhanced durability and wear resistance in various industries such as automotive, aerospace, and manufacturing is a primary driver. Hard coatings offer superior protection against abrasion, erosion, and surface fatigue, thereby extending the lifespan of components and machinery. Additionally, the pursuit of improved performance and efficiency drives research and development in hard coating technologies. Furthermore, the growing demand for environmentally friendly solutions pushes the development of hard coatings with reduced environmental impact, fostering sustainability in manufacturing processes. These factors collectively propel the utilization and advancement of hard coating technologies across industries.

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February 16, 2024

Bayer AG (Germany) and Bracco Imaging S.p.A. (Italy) are Leading Players in the Contrast Media Market

The contrast media market is projected to reach USD 9.7 billion by 2029 from USD 6.3 billion in 2023, at a CAGR of 7.5% during the forecast period. Factors such as the significant prevalence of chronic medical conditions, coupled with the rise in the number of product approvals, will boost the growth of the contrast media market. For Instance, in October 2023, The European Commission granted Guerbet marketing authorization (MA) for Elucirem (Gadopiclenol) following the positive opinion from the European Medicines Agency’s Committee for Medicinal Products for Human Use (CHMP). Similarly, in 2022, Lantheus received approval for the Import Drug License (IDL) from the Center for Drug Evaluation (CDE) of China’s National Medical Products Administration (NMPA) for Perflutren Lipid Microsphere Injectable Suspension (marketed as DEFINITY in the US).

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February 15, 2024

Leading Companies in Translation Management Systems Industry - TransPerfect (US), RWS Group (UK) and LanguageLine Solutions (US)

The global translation management systems market is projected to register a CAGR of 17.2% during the forecast period, reaching USD 5.7 billion by 2030 from an estimated USD 2.2 billion in 2024. The growth of translation management systems solutions is propelled by a convergence of factors. These include The rapid expansion of digital content which has spurred demand for efficient translation solutions, surge in e-commerce activity has heightened the demand for translation services and Growing cross-border cooperation among individuals and businesses.

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February 15, 2024

Contemporary Amperex Technology Co., Limited. (China) and Glencore (Switzerland) are Leading Players in the Electric Vehicles Battery Recycling Market

The global EV Battery Recycling market is projected to grow from USD 9.0 billion in 2023 to USD 56.3 billion by 2031, at a CAGR of 25.8% during the forecast period. The primary function of EV battery recycling is to recover valuable raw materials from used electric vehicle (EV) batteries, reduce costs, and lower the environmental impact of disposing of these batteries. Widely used for automotive industry and industrial settings, these EV battery recycling plays a crucial role in battery technology.

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February 15, 2024

Leading Companies in Recycling Water Filtration Industry - Veolia (France), TORAY INDUSTRIES, INC (Japan) and Xylem (US)

The Recycling water Filtration Market is projected to reach USD 3.8 billion by 2028 from an estimated USD 2.7 billion in 2023, at a CAGR of 7.5% during the forecast period. There is a pressing need for sustainable water management, and it's being addressed through several means. Stringent regulations are driving advancements in water treatment technologies, and there's a growing focus on adopting sustainable practices like wastewater reuse, which emphasizes both environmental responsibility and resource conservation.

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February 15, 2024

Leading Companies in Future of CV Depot Charging Industry - ABB (Switzerland), Blink (US), Bosch (Germany), bp pulse (UK), ChargePoint (US), EVgo (US), Heliox (Netherlands), Kempower (Finland), Shell Recharge (US), Siemens (Germany), Wallbox (Spain)

The CV depot charging market size for chargers of new vehicles was 4.7 $billion in 2023 and is projected to reach 30.7 $billion in 2030, witnessing a CAGR of 28.2% from 2024 to 2030. In addition, the global number of chargers for new vehicles in depot setting is expected to reach 1.1 million units in 2030, whereas as the global number of chargers for Electric Commercial Vehicles (ECV) parc in depot setting is forecasted to reach 5.3 million units. The report also includes the analysis of number of chargers for new vehicles in depot setting, number of chargers for ECV parc in depot setting, cost of chargers (including installation cost) for new vehicles in depot setting, energy demands and cost of energy. Further, within the regional market Asia-Pacific region accounted for more than half of the market share in both new vehicles and ECV parc segment. While the AC chargers held the major share in ECV parc in depot setting segment, the DC chargers will hold the largest share in new vehicle in depot segment.

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February 14, 2024

Rogers Foam Corporation (US) and Woodbridge Foam Corporation (Canada) are Leading Players in the Reticulated Foam Market

The reticulated foam market is projected to grow from USD 506 million in 2023 to USD 683 million by 2028, at a CAGR of 6.2% from 2023 to 2028. The filtration segment is the largest application of reticulated foam due to its unique characteristics that make it highly effective for filtration. Reticulated foam possesses an open-cell structure with a high porosity, allowing it to trap and filter particles efficiently. The foam's low density, flexibility, and chemical resistance further enhance its suitability for filtration applications. Manufacturers can engineer reticulated foam with specific porosities, making it adaptable for a wide range of filtration requirements, from coarse to fine particle capture. This versatility allows reticulated foam to be utilized in various industries, such as air and liquid filtration, automotive air cleaners, industrial processes, etc.

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February 14, 2024

Shell PLC (UK) and Exxon Mobil Corporation (US) are Leading players in the Agricultural Lubricant Market

The agricultural lubricant market is projected to grow from USD 6.3 billion in 2023 to USD 7.7 billion by 2028, at a CAGR of 3.9% during the forecast period. The primary function of agricultural lubricant is to reduce mechanical wear, prevent corrosion, and enhance the longevity of machinery. Agricultural lubricants are used in the agriculture industry to maintain and protect various types of machinery and equipment.

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February 14, 2024

Industrial Metrology Companies - Hexagon AB (Sweden) and Nikon Corporation (Japan) are the Key Players

The Industrial Metrology Market is projected to reach from USD 14.9 billion in 2024 to USD 20.6 billion by 2029; it is expected to grow at a CAGR of 6.7% from 2024 to 2029. The industrial metrology market is witnessing significant growth mainly due to the high adoption of industrial metrology solutions in various industries, such as aerospace defense and automotive, for quality control and inspection applications.

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February 14, 2024

Leading Companies in Managed Security Services Industry - IBM (US) and AT&T (US)

The global MSS market size is expected to grow from USD 30.6 billion in 2023 to USD 52.9 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 11.5% during the forecast period.  The global managed security services market is experiencing a surge driven by a perfect storm of factors: escalating cybercrime and a shortage of skilled cybersecurity experts. Managed security services provide organizations access to a pool of experienced security experts without investing in building and maintaining their internal security team.

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February 13, 2024

Leading Companies in Smart Cities Industry - IBM (US) and Hitachi (Japan)

The smart cities market is projected to grow from USD 549.1 billion in 2023 to USD 1,114.4 billion by 2028 at a CAGR of 15.2% during the forecast period. Shifts in demographics, such as an aging population and changing consumer behaviors, drive demand for smart solutions in healthcare, transportation, and housing.

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February 13, 2024

CHS Inc. (US) and Galata Chemicals LLC (US) are Leading players in the Epoxidized Soybean Oil Market

The epoxidized soybean oil market is projected to grow from USD  494 million in 2023 to USD  648 million in 2028 at a CAGR of 5.6%. The global Epoxidized Soybean Oil (ESBO) industry is undergoing significant growth, driven by its wide range applications and the rising demand for sustainable alternatives. Most manufacturers in this market are based in North America and Asia Pacific.  CHS Inc. (US), Galata Chemicals LLC (US), Cargill (US), Nan Ya Plastics Corporation (Taiwan), and Adeka Corporation (Japan) are among the leading players operating in the epoxidized soybean oil market. These players have adopted various growth strategies to strengthen their position in the market. This includes expansions and acquisition activities further to expand their presence in the epoxidized soybean oil market.

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February 13, 2024

Magrathea (US) and Olokun Minerals (US) are Leading Brine Concentration Minerals Market

The brine concentration minerals market is projected to reach USD 1.7 billion by 2029, at a CAGR of 8.1% from USD 1.1 billion in 2024. The market growth is driven by growing demand for lithium-ion batteries and growing emphasis on sustainbale practices.

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February 13, 2024

Satellite Data Services Companies - Airbus (France) and Maxar Technologies (US) are the Key Players

The Satellite Data Services Market is valued at USD 9.3 Billion in 2023 and is projected to reach USD 20.9 Billion by 2028, at a CAGR of 17.5 % from 2023 to 2028. The satellite data services market encompasses the provision of geospatial information and imagery through satellite-based platforms. This market involves the collection, processing, analysis, and dissemination of data captured by satellites orbiting the Earth. Satellite data services cater to a wide range of applications across various sectors, including agriculture, forestry, environmental monitoring, urban planning, infrastructure development, defense, and disaster management.

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February 13, 2024

Leading Companies in Fleet Management Industry - Geotab (Canada) and Verizon Connect (US)

The global fleet management market size is projected to grow from USD 28.6 billion in 2023 to USD 55.6 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 14.2% during the forecast period. The integration of telematics and IoT technologies has emerged as a pivotal factor driving the growth of the fleet management market. Fleet management has always emphasized safety, but 2024 it will be more focused. Fleets implementing cutting-edge safety systems have seen a noticeable drop in accidents and fatalities, according to the latest data from the National Highway Traffic Safety Administration (NHTSA). In addition to lowering the financial and human costs of accidents, real-time monitoring, collision avoidance technologies, and driver behavior analysis are helping to make driving safer.

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February 12, 2024

Apple Inc. (US) and Abbott (US) are Leading Players in the Wearable Healthcare Devices Market

The wearable healthcare devices market is valued at an estimated USD 40.7 billion in 2023 and is projected to reach USD 69.2 billion by 2028 at a CAGR of 11.2% during the forecast period. In recent times, the wearable healthcare devices market has experienced significant expansion, emerging as a dynamic sector that blends technology and healthcare. Fueled by a heightened awareness of health and a growing focus on preventive wellness, these devices have evolved beyond basic fitness trackers, now incorporating advanced functionalities like real-time health monitoring, AI-driven insights, and seamless integration with healthcare systems.

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February 12, 2024

Key Companies in Cloud Migration Services Industry - IBM (US), AWS (US) and Google (US)

The global cloud migration services market is projected to register a CAGR of 23.3% during the forecast period, reaching USD 29.2 billion by 2028 from an estimated USD 10.2 billion in 2023. Major factors to boost the market growth include the increasing demand for better agility and automation, the requirement for swifter and seamless deployment, and seamless integration and compatibility of enterprise applications with the evolving landscape of cloud technology.

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February 12, 2024

Ballard Power Systems (Canada), Toyota Motor Corporation (Japan) and Hyundai Group (South Korea) are leading players in Automotive Fuel Cell Market

The global automotive fuel cell market is projected to grow from 25 thousand units in 2022 to 724 thousand units by 2030, registering a CAGR of 52.4%. Fuel cell operated vehicles such as buses, LCVs, passenger cars, and trucks, were mapped as part of this research. Leading original equipment manufacturers (OEMs) have stepped up their investments in research and development for automotive fuel cells as a result of factors like rising demand for zero-emission vehicles and strong government support. The demand for fuel cell-powered vehicles will expand across practically all industries, which will be supported by the rising petroleum prices in the world. The efficiency of these fuel cell vehicles is probably going to increase as fuel cell technology develops. Fuel cell electric vehicle (FCEV) drivers will be able to easily refill their vehicles and travel great distances because to the rapid green hydrogen infrastructure that is being established in many nations.

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February 9, 2024

IQVIA HOLDINGS INC. (US) and Merative (US) are Leading Players in the Real World Evidence Solutions Market

The Real-World Evidence Solutions market is projected to reach USD  4.5 billion by 2029 from USD  2.0 billion in 2024, at a CAGR 16.5% from 2024  to 2029. Real-world evidence (RWE) solution refers to an approach that utilizes information obtained from real-world settings, including clinical practice, patient experiences, and health outcomes, to derive insights and make well-informed decisions in the field of healthcare. This type of evidence differs from data gathered in conventional clinical trials, as it refers to everyday conditions and the huge patient population encountered in real-world settings. The growth of the RWE solutions market is driven by the increase in geriatric population and upsurging incidences of chronic health diseases. Additionally, the RWE solution has the potential to reduce cost and time for the drug development process, hence several pharmaceutical, biopharmaceutical, and medical device companies are adopting the use of RWE solutions. However, lack of universally accepted methodology standards and the data processing infrastructure pose a challenge for the market growth.

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February 9, 2024

Leading Companies in Green Technology & Sustainability Industry - Salesforce (US) and Schneider Electric (France)

The global green technology & sustainability market is projected to grow from USD  28.6 billion in 2024 to USD 134.9 billion by 2030, at a CAGR of 29.5% during the forecast period. The green technology & sustainability market is witnessing unprecedented growth, driven by a surge in demand for clean energy solutions, digital transformation, and green data centers. This trend attracts environmentally-conscious individuals and investors seeking portfolios aligned with positive environmental impact. In the digital age, green technology & sustainability have become imperative for businesses relying on technology for operational efficiency and competitiveness. Acknowledging and addressing the environmental footprint is crucial. Integrating green technology & sustainability into digital transformation is not a passing trend but a prerequisite for a sustainable future. Embracing sustainability as a core principle in digital transformation strategies mitigates environmental impact and positions businesses as leaders in an increasingly sustainable world.

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February 9, 2024

Air Liquide (France) and Linde plc (England) are Leading Players in the Industrial Gases Market

The industrial gases market is projected to grow from USD  105.6 billion in 2023 to USD  137.9 billion by 2028 at a CAGR of 5.5%. The industrial gases market is poised for robust growth in the coming years. With increasing demand across diverse industries such as manufacturing, healthcare, and electronics, the market is anticipated to witness a significant uptick. Factors such as the expanding global industrial base, technological advancements, and the rising importance of environmental sustainability are expected to contribute to the accelerated growth of the industrial gases sector.

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February 9, 2024

Alfa Laval (Sweden) and Kelvion Holding GmbH (Germany) are Leading Players in the Plate and Tube Heat Exchanger Market

The plate and tube heat exchanger market is projected to reach USD 884 million by 2028, at a CAGR of 6.5% from USD 645 million in 2023. The market growth is driven by influencing factors such as growing industrialization in emerging regions, and stringent environmental and energy efficiency regulations.

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February 8, 2024

Medtronic plc (Ireland) and Becton Dickinson and Company (US) are Leading players in the Hernia Repair Market

The global hernia repair market is projected to reach USD 5.1 billion by 2029 from USD 4.1 billion in 2024, at a CAGR of 4.2% from 2024 to 2029. The expanding objective includes rising geriatric population, increasing hernia prevalence, increasing adoption of mesh in hernia repair surgeries, technological advancement, new product development, effectiveness of mesh repair and efficient reimbursement system. These key factors are encouraging the growth of hernia repair market globally.

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February 8, 2024

Leading Companies in Enterprise File Synchronization and Sharing (EFSS) Industry - Globe Box (US), Citrix Systems (US), Dropbox (US)

The global market for EFSS is projected to grow from USD 9.4 billion in 2023 to USD 35.5 billion by 2028, at a CAGR of 30.4% during the forecast period. The increasing trend of remote work and distributed teams has fueled the demand for EFSS solutions that enable seamless file sharing and collaboration across geographies and devices.

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February 8, 2024

Top Companies in M2M Satellite Communication Industry - Marlink Group (Marlink), Viasat, Inc. (Viasat), Thales Group (Thales) and Iridium Communications Inc. (Iridium Communications)

The M2M satellite communication market is expected to grow from USD 15.5 billion in 2023 to USD 28.7 billion in 2028, at a CAGR of 13.1%  during the forecast period. The M2M satellite communication market is driven by various factors, such as the rising need for enriched data communication, the surge in IoT proliferation, and the escalating demand for monitoring and remote management of connected devices.

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February 7, 2024

Leading Companies in Instrument Transformers Industry - ABB (Switzerland), General Electric (US)

The global instrument transformers market is projected to grow from an estimated USD 7.1 billion in 2023 to USD  10.6 billion by 2030, demonstrating a CAGR of 5.8% during the forecasted period. Instrument transformers are critical components in electrical power systems, contributing significantly to system measurement and protection. These transformers are intended to reduce high voltage and current levels to levels appropriate for instrumentation and control devices, guaranteeing precise measurement and equipment safety. Instrument transformers can be classified into two types: current transformers (CTs) and voltage transformers.

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February 7, 2024

Nouryon Chemical Holding B.V. (Netherlands) and Arkema SA (France) are Leading Players in the Organic Peroxide Market

The organic peroxide market is projected to grow from USD 1.9 billion in 2023 to USD 2.6 billion by 2030 at a CAGR of 4.2%. The organic peroxide market encompasses a diverse range of chemical compounds characterized by oxygen-oxygen single bonds and is widely utilized as initiators, crosslinking agents, and curing agents in various industrial applications. The market is driven by the escalating demand for polymers and plastics, particularly in the manufacturing of composite materials, foams, and adhesives. The increasing emphasis on innovative materials, coupled with the rising need for durable and lightweight solutions in applications such as packaging, and automotive, positions organic peroxides as key contributors to the growth and advancement of the chemical and plastic industry.

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February 7, 2024

Illumina, Inc. (US) and Thermo Fisher Scientific Inc. (US) are Leading Players in the Pharmacogenomics Market

The pharmacogenomics market is projected to reach USD 5.8 billion by 2028 from an estimated USD 3.5 billion in 2023, at a CAGR of 10.6% during the forecast period. The major factors driving the growth of this pharmacogenomics market include increasing research activities in the field of genomics, growing prevalence of chronic and genetic diseases, and rising investments and fundings to support genomics projects.

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February 7, 2024

Air Liquide (Paris) and Linde plc (Ireland) are the leading players in the Medical Nitrous Oxide Market

The global medical nitrous oxide market size is estimated to be USD 2.8 billion by 2029, from USD 1.8 billion in 2023, at a CAGR of 6.6%. The medical nitrous oxide market is mainly driven by factors such as the increasing surgical procedures, growing aging population, advancements in healthcare infrastructure, and the growth in the dental industry.

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February 6, 2024

Leading Players in Playout Automation & Channel-in-a-Box Industry - Harmonic (US), Evertz (Canada) and Brightcove (US)

The global playout automation & channel-in-a-box market is projected to register a CAGR of 15.8% during the forecast period, reaching USD 6.1 billion by 2028 from an estimated USD 2.9 billion in 2023. Major factors to boost the market growth include the escalating demand for video content across various industries, increase in demand for OTT services, increasing engagement in HD and UHD content consumption and proliferation of live broadcasting at an accelerated pace.

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February 6, 2024

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