Home › Research Insight

Research Insight

Title	Date
Weather Forecasting Services Companies - ABB and Emerson Electric Co. (US) are the Key Players The Weather Forecasting Services Market is projected to grow from USD 1.9 Billion in 2023 to USD 2.8 Billion by 2028, at a CAGR of 8.2% during the forecast period. The growing demand for Weather Forecasting services and the continuous development of new technologies that make forecasting more competent and affordable are projected to propel the Weather Forecasting Services market in the upcoming years. ...... Read More	September 15, 2023
Industrial Cybersecurity Services Companies - IBM (US) and Honeywell International (US) are the Key Players The global industrial cybersecurity market was valued at USD 16.3 billion in 2022 and is projected to reach USD 24.4 billion by 2028; it is expected to grow at a CAGR of 7.7% from 2023 to 2028. Increasing demand for industrial cybersecurity products in power industry to drive the market. ...... Read More	September 15, 2023
Broadcast Equipment Companies - Cisco Systems Inc., (US) and Telefonaktiebolaget LM Ericsson (Sweden) are the Key Players The global broadcast equipment market to grow from USD 5.2 billion in 2023 to USD 6.7 billion in 2028 at a CAGR of 5.3% during the forecast period. Transition from analog to digital broadcasting and growing investments in content production are the major driving factors for the growth of the broadcast equipment market. ...... Read More	September 14, 2023
Moderna, Inc. (US) and Alnylam Pharmaceuticals, Inc. (US) are Leading Players in the RNA Therapeutics Market The RNA therapeutics market is projected to grow from USD 13.7 billion in 2023 to USD 18.0 billion by 2028 at a CAGR of 5.6%. RNA therapeutics have diverse abilities to target the desired protein/gene, and the ongoing research in RNA modification and delivery systems has helped in developing unique RNA-based formulations. As of 2022, the use of RNA therapeutics is approved for indications such as COVID-19, hemophilia A and B, cholesterol reduction, spinal muscular atrophy (SMA), polyneuropathy of hereditary transthyretin-mediated amyloidosis-(ATTR), and familial chylomicronaemia syndrome (FCS). ...... Read More	September 14, 2023
Daikin (Japan) and Johnson Controls (US) are Leading Players in the Commercial Refrigeration Market The commercial refrigeration market is projected to grow from USD 45.6 billion in 2023 to USD 62.7 billion by 2028, at a CAGR of 5.8% from 2023 to 2028. The expansion of the food & beverage industry, including restaurants, hotels, supermarkets, and convenience stores, directly drives the demand for commercial refrigeration worldwide. ...... Read More	September 14, 2023
Lonza (Switzerland) and Thermo Fisher Scientific, Inc. (US) are Leading Players in the Biotechnology Contract Manufacturing Market The biotechnology contract manufacturing market is estimated to reach USD 24.8 billion by 2028 from USD 16.6 billion in 2023, at a CAGR of 8.3% during the forecast period. The growth of this market is mainly driven by a rise in demand for biologics & biosimilars, the increasing collaborations among pharmaceutical companies for outsourced manufacturing, the demand for biologics and focus on personalized medicine, and advancements in manufacturing technologies. Further, factors such as growing expansions of manufacturing capabilities among biopharmaceutical manufacturers are likely to uplift market growth in the coming years. ...... Read More	September 13, 2023
ADvault, Inc.(US) and VyncaCare (US) are Leading Players in the Advance Directives Market The global advance directives market is projected to reach USD 291.1 billion by 2028 from USD 122.9 billion in 2023, at a high CAGR of 18.8% during the forecast period. Factors such as increasing investment for in advance directives, rising government initiatives, rising availability of advance directives solutions that enable cost cutting are expected to drive market growth in the coming years. However, lack of awareness and education, cultural and communication barriers are some of the key factors restraining the growth of the advance directives market. ...... Read More	September 13, 2023
Livent Corporation (US) and Albemarle Corporation (US) are Leading Players in the Pharmaceutical Grade Lithium Carbonate Market The pharmaceutical grade lithium carbonate market is projected to grow from USD 141 million in 2023 to USD 166 million by 2028, at a CAGR of 3.3% from 2023 to 2028. Pharmaceutical grade lithium carbonate is a drug primarily utilized to treat mood disorders such as bipolar disorder and depression. It is a type of lithium, an alkali metal with been shown to have mood stabilizing properties. The most frequently prescribed form of lithium medicine is lithium carbonate. ...... Read More	September 13, 2023
Software-defined Vehicle Companies - Robert Bosch GmbH (Germany) and Continental AG (Germany) are the Key Players The software-defined vehicle market is projected to grow from USD 270.9 billion in 2023 to USD 419.7 billion by 2028, registering a CAGR of 9.1% during the forecast period. The enforcement of stringent vehicle safety regulations and continued development of connected vehicles are expected to propel the software-defined vehicle market in the next five years. However, high initial investments and connected vehicle research costs will likely pose challenges for the industry players. ...... Read More	September 13, 2023
Timing Devices Companies - Seiko Epson Corporation (Japan) and Nihon Dempa Kogyo Co., Ltd. (Japan) are the Key Players The timing devices market is projected to grow from USD 5.5 billion in 2023 and is projected to reach USD 8.9 billion by 2030; it is expected to grow at a CAGR of 7.1% from 2023 to 2030. ...... Read More	September 13, 2023
Rocket and Missile Companies - Northrop Grumman Corporation (US) and Lockheed Martin Corporation (US) are the Key Players The Rocket and missile market is estimated to be USD 57.7 billion in 2023 and is projected to reach USD 77.4 billion by 2028, at a CAGR of 6.1% from 2023 to 2028. The market growth can be attributed to the improved adoption of intelligent unmanned vehicles and increasing threats of cyber-attacks. ...... Read More	September 12, 2023
Market Leaders - Construction Equipment Market The construction equipment market is projected to grow from USD 149.7 billion in 2023 to USD 194.7 billion by 2030, at a CAGR of 3.8%. The construction industry is rapidly changing in the wake of exploring the benefits of electric-powered construction equipment which will create a new era of smarter and efficient construction projects. ...... Read More	September 12, 2023
Caterpillar (US) and Komatsu (Japan) are Leading Players in the Heavy Construction Equipment Market The heavy construction equipment market is projected to grow from USD 190.3 billion in 2022 to USD 252.4 billion by 2028, at a CAGR of 4.8% during the forecast period. Heavy construction equipment is specialized machinery that weighs more than 12 metric tons and performs specific construction or demolition work. The equipment is transportable, semi-permanent, or permanent, and is primarily used for earthmoving, lifting containers or materials, drilling holes in earth or rock, and in concrete and paving applications. ...... Read More	September 12, 2023
Siemens Healthineers AG (Germany) and GE Healthcare Company (US) are Leadig Players in the Image-Guided Radiation Therapy Market The global image-guided radiation therapy market is projected to reach USD 2.4 billion by 2028 from USD 1.9 billion in 2023, growing at a CAGR of 5.2% during the forecast period. Cancers, such as head and neck cancer, prostate cancer, lung cancer, and breast cancer diseases, are on the rise globally. Image-guided radiation therapy is extensively used in non-invasive cancer treatments, including radiation therapy, to treat these conditions. The growing burden of cancer is driving the demand for image-guided radiation therapy. Increasing awareness and availability of non-invasive treatments, rising demand for image-guided radiation therapy, and Increasing government initiatives to manage cancerous diseases in healthcare are a few drivers that collectively contribute to the growth of the image-guided radiation therapy market, and as healthcare technologies continue to evolve, the demand for image-guided radiation therapy is expected to rise further in the coming years. However, higher initial investment cost limits the entry of new participants and market growth. ...... Read More	September 12, 2023
DuPont Water Solutions (US) and Toray Industries, Inc. (Japan) are Leading Players in the Nanofiltration Membrane Market The nanofiltration membrane market is projected to reach USD 1.7 billion by 2028, at a CAGR of 10.8% from USD 1.0 billion in 2023. The growth of the global nanofiltration membrane market is driven by rising industrialization and urbanization, declining freshwater resources, and low energy consumption in nanofiltration. The demand for nanofiltration membranes is driven by the need for effective water treatment solutions. Nanofiltration is used to remove contaminants, such as bacteria, viruses, and organic compounds, from water, making it safe for consumption. ...... Read More	September 11, 2023
Wolters Kluwer N.V. (Netherlands) and Oracle (US) are Leading Players in the Clinical Decision Support Systems (CDSS) Market The global clinical decision support systems (CDSS) market is projected to reach USD 2.5 billion by 2028 from USD 1.7 billion in 2023, at a CAGR of 7.5% during the forecast period. Factors such as the implementation of government regulations, growing adoption of CDSS-enabled EHRs, and increasing collaborations and partnerships between stakeholders are driving the growth of this market. However, huge investment requirements for the implementation of CDSS and inadequate interoperability coupled with increasing data security concerns are factors expected to restrain the growth of this market during the forecast period. ...... Read More	September 11, 2023
Danaher Corporation (Japan) and Illumina (US) are leading Players in the Microfluidics Market The global microfluidics market is projected to reach USD 41.1 billion by 2028 from USD 22.3 billion in 2023, growing at a CAGR of 13.0% during the forecast period. Cost-effectiveness in drug development, accuracy in test results, minimized reagent consumption, precise analysis, and reduced time of assay are the factors influencing the microfluidics market growth. Increased point-of-care diagnostic equipment, such as glucose patches, Bluetooth-based glucose monitoring devices, and pregnancy testing kits, are creating growth opportunities for the market. Additionally, the rise in genomic research using microfluidics technology and cell line studies are factors responsible for the growth of the market. ...... Read More	September 8, 2023
Thermo Fisher Scientific Inc. (US) and IQVIA Inc. (US) are Leading Players in the Clinical Trials Market The clinical trials market is projected to reach USD 73.2 billion by 2028 from an estimated USD 48.2 million in 2023, at a CAGR of 8.7% during the forecast period. The major factors driving the growth of this clinical trials market include increasing drugs in the pipeline, growing investment in pharmaceutical R&D, increasing number of clinical trials, high cost required for in-house drug development, and rising prevalence of orphan and rare diseases. Additionally, the favorable outlook for biologics and biosimilars, rising demand for specialized testing services and need for novel clinical trial designs for complex cell and gene therapies offer growth opportunities for clinical trial service providers operating in the market. ...... Read More	September 8, 2023
Veolia Environnement SA (France) and Suez SA (France) are Leading Players in the Post-Consumer Recycled Plastics Market The post-consumer recycled plastics market is projected to grow from USD 62.1 billion in 2023 to USD 92.6 billion by 2028 at a CAGR of 8.3%. The post-consumer recycled plastics market refers to the industry involved in the collection, processing, and reuse of plastics that have been used by consumers and then discarded as waste. These plastics are reclaimed from sources like plastic bottles, containers, packaging, and other products that have fulfilled their original purpose and are no longer needed by the consumer. The post-consumer recycled plastics market is driven by environmental concerns, as recycling these plastics helps reduce the amount of plastic waste that ends up in landfills or pollutes the environment. The recycling process typically involves sorting, cleaning, and processing the collected plastics to produce recycled plastic pellets or flakes that can be used as raw materials in the production of new plastic products. ...... Read More	September 8, 2023
Henkel AG & CO. KGAA (Germany) and Illinois Tool Works Inc. (US) are Leading Players in the Conformal Coating Market The Conformal coatings market size is estimated to be USD 1.4 billion in 2023, and it is projected to reach USD 1.8 billion by 2028 at a CAGR of 5.3%. Conformal coatings refer to thin layers of protective material that are applied to electronic components and circuit boards. The primary purpose of these coatings is to shield these components from a range of environmental factors, including moisture, dust, chemicals, and temperature fluctuations. What sets conformal coatings apart is their ability to seamlessly "conform" to the intricate contours of the components and boards, creating a uniform and continuous protective barrier. These applications span sectors like electronics manufacturing, where circuit boards and connectors receive coatings to fend off moisture and contaminants, ensuring the continued functionality of devices. The automotive realm benefits from these coatings, too, as they shield sensitive electronics from the unforgiving conditions within vehicles, including temperature fluctuations and vibrations, critical for maintaining automotive control systems and entertainment setups. Similarly, aerospace and defense heavily rely on conformal coatings to protect electronics from the rigorous conditions inherent to aircraft, satellites, and military equipment. These coatings prove indispensable in medical devices, enhancing their reliability and safety by guarding against moisture, bodily fluids, and chemicals. Furthermore, industrial electronics, telecommunications, consumer electronics, LED lighting, and renewable energy systems all leverage conformal coatings to extend the lifespan and resilience of electronic components in their respective domains. In each application, the chosen coating material and application technique are tailored to meet the specific challenges and requirements posed by the industry and environment. The market is segmented on the basis of type, such as acrylic, silicone, epoxy, urethane, perylene, and others. The Conformal coatings are used in several end-use industries such as automotive & transportation, electronics, Industrial, aerospace, telecommunication, and others. ...... Read More	September 7, 2023
Bio-Rad Laboratories, Inc. (US) and QuidelOrtho Corporation (US) are Leading Players in the Blood Group Typing Market The blood group typing market is valued at an estimated USD 2.0 billion in 2023 and is projected to reach USD 3.0 billion by 2028 at a CAGR of 8.7% during the forecast period. Market growth is largely driven by the increasing prevalence of chronic diseases and the rising number of surgical procedures necessitating the need for blood donations. ...... Read More	September 7, 2023
Questel (France) and insightsoftware (US) are leading players in Innovation Management Market The global innovation management market size is projected to grow from USD 1.3 billion in 2023 to USD 2.1 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 10.8%. Blockchain's enhanced security and transparency fortify data protection in innovation management, luring organizations seeking secure idea-sharing platforms. Additionally, smart contracts and tokenization streamline incentive systems, promoting collaboration, while blockchain's cross-industry applications fuel demand for innovative solutions, driving growth of innovation management market. ...... Read More	September 6, 2023
Market Leader - Vapor Deposition Market MarketsandMarkets projects that the global vapor deposition market will grow from USD 42.6 billion in 2023 to USD 66.1 billion by 2028, at a CAGR of 9.2%, during the forecast period. The vapor deposition market is experiencing a dynamic evolution, driven by a series of prominent trends that are reshaping the landscape of industrial manufacturing. One of the most striking trends is the increasing integration of automation and digitization into vapor deposition processes. As industries strive for precision and efficiency, automation technologies are being employed to enhance control, reduce human error, and optimize coating consistency. Moreover, the growing emphasis on sustainability has led to the development of environmentally friendly deposition techniques and the utilization of eco-conscious materials, aligning with global efforts toward greener practices. ...... Read More	September 6, 2023
F. Hoffmann-La Roche Ltd. (Switzerland) and Bristol Myers Squibb (US) are Leading Players in the Precision Medicine Market The global precision medicine market is expected to reach USD 50.2 billion by 2028 from USD 29.1 billion in 2023, at a CAGR of 11.5% during the forecast period. Growth in the precision medicine market is mainly driven by factors such as increasing activities in genomic research, rising focus on genetic testing and companion diagnostics, and an increasing number of regulatory approvals for personalized therapeutics. However, high costs associated with therapeutics is expected to restrain the market growth to certain extent. ...... Read More	September 6, 2023
PayPal (US) and Fiserv (US) are leading players in B2B Digital Payment Market The B2B digital payment market size is projected to grow from USD 4.2 billion in 2023 to USD 8.2 billion by 2028, at a CAGR of 14.3% during the forecast period. B2B digital payments offer a faster and more efficient way to settle transactions compared to traditional paper-based methods. Electronic payments can significantly reduce processing time, manual errors, and administrative costs associated with traditional checks or invoices. ...... Read More	September 6, 2023
LexisNexis (US), NICE Actimize (US) and FICO (US) are leading players in AML Market The global AML market size is projected to grow from USD 3.1 billion in 2023 to USD 6.8 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 17.0% during the forecast period. The expansion of the AML market is being propelled by increased monetary penalties, regulatory sanctions, and reputational loss due to non-compliance with AML regulations. ...... Read More	September 5, 2023
AT&T (US) and Huawei (China) are leading players in Managed Services Market In terms of revenue, the managed services market is expected to grow from USD 275.5 billion in 2023 to USD 372.6 billion by 2028 at a compound annual growth rate (CAGR) of 6.2% during the forecast period. Managed services refer to outsourcing specific business processes or functions to third-party providers. These providers, known as MSPs, assume responsibility for managing, monitoring, and optimizing these services, allowing organizations to focus on their core competencies. Managed services encompass various domains, including IT infrastructure management, cybersecurity, cloud computing, network monitoring, data storage, system management, and more. ...... Read More	September 5, 2023
CSL (Australia) and Takeda Pharmaceutical company limited (Japan) are Leading Players in the Plasma Fractionation Market The global plasma fractionation market size is projected to reach USD 40.4 billion by 2028 from USD 29.0 billion in 2023, at a CAGR of 6.9% during the forecast period. The growing popularity of immunoglobulins for the treatment of various therapeutic areas such as hematology, neurology, and pulmonology, as well as the use of protease inhibitors for the treatment of lung and hepatic disorders with rising incidence rates, are driving the growth of the market. However, the rising cost of plasma-derived products, limited reimbursements, and the rise of recombinant alternatives are projected to hamper the market's growth during the forecast period. ...... Read More	September 4, 2023
John Deere (US),CNH Industrial (UK) and Kubota Corporation (Japan) are leading players in Farm Equipment Market The global farm equipment market is projected to grow from USD 107.7 billion in 2023 to USD 136.3 billion by 2028, at a CAGR of 4.8% during the forecast period. The base year for the report is 2021, and the forecast period is from 2023 to 2028. Increasing farm mechanization, demand for food due to increasing population and rising labor costs, especially skilled labor, and growing penetration of electric vehicles and mechanization are driving the growth and advancements in the farm equipment market. ...... Read More	September 4, 2023
Market Leaders - Simulation Software Market The global simulation software market size is projected to grow from USD 18.1 billion in 2023 to USD 33.5 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 13.1% during the forecast period. The simulation software market’s growth is fueled by a rising need for cost-effective solutions to reduce production expenses and training outlays. Simulation software is gaining prominence due to its ability to mitigate risks and enhance performance, making it an attractive option. The continuous evolution of computing power and cloud technology has dramatically facilitated the widespread adoption of simulation software. This technological progress has made simulations more accessible, realistic, and scalable, increasing their value across multiple industries. ...... Read More	September 4, 2023

Home › Research Insight

Research Insight

How can we help you?