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Google (US) and Microsoft (US) are leading players in Edge AI Software Market

MarketsandMarkets expects the global edge Artificial Intelligence (AI) software market to grow from USD 356 million in 2018 to USD 1,152 million by 2023, at a Compound Annual Growth Rate (CAGR) of 26.5% during forecast period. The increasing amount of enterprise workloads on the cloud and the rapid growth in the number of intelligent applications are expected to drive the edge AI software market.

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February 7, 2019

Getinge AB (Sweden), STERIS plc (US), Advanced Sterilization Products (US), Sotera Health (US), and Belimed AG (Switzerland) are expected to dominate the global Infection Control Market in 2019

The infection control market is projected to reach USD 27.5 billion by 2024 from USD 20.0 billion in 2019, at a CAGR of 6.6% during the forecast period. The increasing burden of HAIs and SSIs, the increasing number of hospital visits owing to a growing geriatric population and the rising burden of chronic diseases, and growth in the pharmaceutical and medical device industries are expected to drive this market during the forecast period.

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February 7, 2019

Key players adopted various growth strategies, such as product launches; agreements, partnerships, mergers, and collaborations; acquisitions; and expansions to strengthen their presence in the Pen Needles Market

The pen needles market is projected to reach USD 3.4 billion by 2023 from an estimated USD 2.0 billion in 2018, at a CAGR of 11.0% during the forecast period of 2018 to 2023.

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February 7, 2019

New Product Launch and Expansion are the Key Development Strategies Adopted by the Leading Market Players to Drive the Global Carbon Fiber Prepreg Market

The use of carbon fiber prepreg is becoming crucial in aerospace & defense and automotive industries due to the increase in demand for high strength, operational stability at high temperatures, and lightweight materials. The carbon fiber prepreg market is projected to reach USD 11.5 billion by 2024, registering a CAGR of 10.5%, from 2019 to 2024....... Read More
February 7, 2019

Oracle (US) and Informatica (US) are leading players in Master Data Management Market

The master data management market is projected to grow from USD 9.5 billion in 2018 to USD 22.0 billion by 2023, at a CAGR of 18.3% during the forecast period. The major factors driving the market include the increasing use of data quality tools for data management and the rising need for compliance.

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February 6, 2019

3M Company (US) and Merck KGAA (Germany) are the Key Players in the Food Diagnostics Market

The global food diagnostics market size is projected to grow from USD 12.1 billion in 2018 to USD 17.1 billion by 2023, at a CAGR of 7.1% during the forecast period. Increase in the outbreak of foodborne illnesses, globalization in food trade, adoption of advanced technologies to maintain food quality and safety, and a rise in consumer awareness about food safety are factors projected to drive the market for food diagnostics....... Read More
February 6, 2019

SACHEM Inc. (US) and Tokyo Chemical Industry Co., Ltd. (Japan) are the Leading Players in the Phase Transfer Catalyst Market

The global phase transfer catalyst market is estimated to be USD 960 million in 2018 and is projected to reach USD 1,232 million by 2023, at a CAGR of 5.1%. This growth is mainly attributed to the high demand from the pharmaceutical and agrochemical end-use industries for green chemistry compounds for chemical synthesis....... Read More
February 6, 2019

Market Leadership - Microgrid Controller Market

The overall microgrid controller market is estimated to grow from USD 6.1 billion in 2019 to USD 12.6 billion by 2024, at a CAGR of 15.65%. Microgrid controllers are designed to maximize microgrids’ reliability in providing uninterrupted electric supply and increase their overall efficiency. Optimization of energy assets and improved microgrid efficiency using microgrid controllers, increasing global demand for microgrids for reliable and secure power supply, and the growing shift toward renewable energy sources and reducing carbon footprints are the major drivers.

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February 6, 2019

Adobe (US) and OneSpan (US) are leading players in Digital Signature Market

MarketsandMarkets expects the global digital signature market to grow from USD 1.2 billion in 2018 to USD 5.5 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 36.7% during forecast period. Rising investments on electronic documents by governments and enterprises, and improved security with a controlled and seamless workflow are expected to drive the digital signature market growth.

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February 6, 2019

Key players adopted various growth strategies, such as new product launches, expansions, and contracts & agreements, to strengthen their presence in the Ultralight and Light Aircraft Market

The ultralight and light aircraft market size is expected to grow from USD 7.1 billion in 2018 to USD 13.9 billion by 2030, at a CAGR of 5.80% during the forecast period. Increasing demand for ultralight aircraft for air taxi, recreational flights, and medical applications in the Asia Pacific and Europe is one of the major factors driving this market.

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February 6, 2019

Market Leader - HBPA Epoxy Resin Market

The market size of HBPA epoxy resin is estimated at USD 1.7 billion in 2018 and is projected to reach USD 2.2 billion by 2023, at a CAGR of 5.1% between 2018 and 2023....... Read More
February 6, 2019

Johnson & Johnson (Ethicon) and Medtronic (Covidien) are leading players in Ligation Devices Market

The ligation devices market is expected to reach USD 1,189 million by 2024 from USD 876 million in 2019, at a CAGR of 6.3%. Growth in this market is mainly driven by the increasing prevalence of diseases requiring surgical treatment, especially minimally invasive surgery (MIS). However, the high cost of ligation devices is a major restraint for this market, particularly in emerging countries.

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February 6, 2019

GE Healthcare (US), Siemens Healthineers (Germany) and Koninklijke Philips (Netherlands) are leading players in Healthcare Education Solutions Market

The global healthcare education solutions market is projected to reach USD 13.3 billion by 2023 from USD 9.3 billion in 2018, at a CAGR of 7.4%. Growth in the healthcare education solutions market can be attributed to factors such as changing technologies in the healthcare industry that is leading to increased training needs, growing penetration of online learning, and CME programs gaining momentum due to stringent regulatory mandates.

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February 5, 2019

McAfee (US) and Trend Micro (Japan) are leading players in Security as a Service Market

Security as a service solutions help customers protect their critical assets, such as network, endpoint, cloud, database, application, and web, with greater visibility and control. Security as a service is a cloud-based model, wherein a third party vendor manages and maintains the enterprise data and applications over the internet. It is a security management approach that enables the provisioning of managed security services from cloud. The security services are integrated with enterprise infrastructure safeguarding enterprises’ essential assets from external and internal threats. Security as a service is an outsourcing service that benefits an organization in a number of ways, such as reduced costs, ease of IT security, scalable security services, and continuous support. It enables organizations to access and implement robust security practices. The global security as a service market is expected to grow from USD 7.6 billion in 2018 to USD 16.5 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 16.9% from 2018 to 2023.

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February 5, 2019

Saipem (Italy) and Subsea 7 (UK) are the Major Players in the Offshore Pipeline Market

The offshore pipeline market is projected to reach USD 15.8 billion by 2023 at a CAGR of 6.54% from an estimated USD 11.5 billion in 2018. In 2018, the offshore pipeline markets in Europe were estimated to be the largest, followed by the Americas. The factors such as increasing demand for crude oil and natural gas are driving the offshore pipeline market....... Read More
February 5, 2019

Players adopted various growth strategies, such as contracts, acquisitions, expansions, product launches, and partnerships/collaborations to further expand their presence in the global Fire Control System Market

The global fire control system market is projected to grow from USD 5.9 billion in 2018 to USD 7.3 billion by 2023, at a CAGR of 4.37% from 2018 to 2023. Some of the factors that are expected to fuel the growth of the fire control system market are the rising demand for precision weapon systems, advancements in automatic weapon systems, and ongoing military modernization programs worldwide.

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February 5, 2019

SeraCare Life Sciences Inc. (US), Microbiologics Inc. (US) and Thermo Fisher Scientific (US) are leading players in Molecular Quality Controls Market

The molecular quality controls market size is expected to grow from USD 132 million in 2018 to USD 237 million by 2024, at a CAGR of 10.2% during the forecast period. The growth of this market is primarily driven by factors such as the rising adoption of third-party quality controls, increasing number of accredited clinical laboratories, and the rising demand for external quality assessment support.

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February 5, 2019

Johnson & Johnson (Ethicon) and Medtronic (Covidien) are the Major Player in the Specimen Retrieval Market

The specimen retrieval systems market is expected to reach USD 290 million by 2024 from USD 230 million in 2019, at a CAGR of 4.7%. Growth in this market is mainly driven by the increasing prevalence of diseases requiring surgical treatment and the removal of specimens from the body, especially laparoscopic procedures. However, the high cost of specimen retrieval systems is a major restraint for this market, particularly in emerging countries. ...... Read More
February 5, 2019

Market Leaders - Bottled Water Processing Market

The key players in the bottled water processing market include the players from the bottled water market and the bottled water equipment market. These key players focused on various business strategies such as new product launches, partnerships, and collaborations to enhance their presence in the bottled water processing market. Key players such as GEA (Germany), Suez (US), and DowDuPont (US), Nestlé (Switzerland), PepsiCo (US), undertook these strategies to improve their distribution network, gain a stronger foothold, and enhance their market shares.  Major players in the bottled water processing market are making efforts to diversify their business in Asia Pacific, the Middle Eastern, and South American regions due to enormous growth potential in countries such as India and China for the clean water.

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February 5, 2019

ExxonMobil Corporation (US) and Fuchs Group (Germany) are the Key Players in the Compressor Oil Market

The compressor oil market size is estimated to be USD 10.1 billion in 2018 and is projected to reach USD 13.2 billion by 2023, at a CAGR of 5.6% between 2018 and 2023. Industrial growth in growing regions such as APAC and the Middle East & Africa coupled with rising automation in various end-use industries is expected to drive the demand for compressor oil during the forecast period. However, technological advancements and oil rejuvenation act as restraining factors for growth of the compressor oil market....... Read More
February 5, 2019

Nippon Steel & Sumitomo Metal Corporation (Japan) and Vallourec (France) are the Key Players in the Industrial Tubes Market

The market size of industrial tubes is estimated at USD 478.0 billion in 2018 and is projected to reach USD 632.6 billion by 2023, at a CAGR of 5.8% between 2018 and 2023.Industrial tubes possess unique properties such as strength, malleability, durability, metallurgical stability, formability, thermal stability, rigidity, and chemical & corrosion resistance, which enable them to be used in different forms and end-use industries. These properties are thus expected to drive the demand for industrial tubes during the forecast period. ...... Read More
February 4, 2019

New product launches & acquisitions are among the key strategies adopted by the leading players to grow in the Less Lethal Ammunition Market

The less lethal ammunition market is expected to grow from USD 828 million in 2018 to USD 1,106 million by 2023, at a CAGR of 5.95% during the forecast period. The Safariland Group (US), Combined Systems, Inc. (US), Federal Ammunition (US), Nonlethal Technologies (US), Rheinmetall AG (Germany), ST Engineering (Singapore), and Lightfield Ammunition Corporation (US), among others, are the key players in the less lethal ammunition market.

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February 4, 2019

Pentair (UK) and Panasonic Corporation (Japan) are the Major Players in the Point-of-Use Water Treatment Systems Market

The global point-of-use water treatment systems market size is projected to grow from USD 19.9 billion in 2018 to USD 32.7 billion by 2023, at a CAGR of 10.41% during the forecast period. Increasing instances of water contamination and growing awareness about the benefits of water treatment is projected to drive the growth of the point-of-use water treatment systems market....... Read More
February 4, 2019

Siemens (Germany) and Schneider Electric (France) are the Major Players in the Low Voltage Protection and Control Market

The global low voltage protection and control market is expected to grow from an estimated USD 13.2 billion in 2018 to USD 19.8 billion by 2025, at a CAGR of 5.97%. The growth of this market is driven by the increasing demand for renewable energy sources, growing per capita consumption of energy, and demand for safe and secure electrical systems....... Read More
February 4, 2019

Hill Rom (US) and Vyaire Medical (US) are leading players in Spirometers Market

The spirometers market is expected to reach USD 1,047 million by 2023 from USD 655 million in 2018, at a CAGR of 9.8%. Market growth is largely driven by the rising global incidence of respiratory diseases, global population, and technological advancements in spirometer devices. Opportunities for growth of the market exist in emerging economies on account of increasing pollution levels and rising awareness regarding COPD and other respiratory conditions. On the other hand, the time required to carry out tests using spirometers and data accuracy issues associated with personalized spirometers are expected to limit market growth during the forecast period.

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February 4, 2019

Key players adopted various growth strategies such as acquisitions, product launches, agreements, partnerships, collaborations, and expansion to expand their presence in the Immuno Oncology Assays Market

The global immuno-oncology assays market size is expected to grow from USD 2.9 billion in 2018 to USD 5.9 billion by 2024, at a CAGR of 12.7% during the forecast period. Market growth is largely driven by factors such as the increasing adoption of targeted therapy over traditional therapy and the increasing demand for mAbs. On the other hand, the high cost of immunotherapy treatment and the high attrition rate in the product development cycle are expected to limit market growth.

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February 4, 2019

Varian Medical Systems and Trixell (Division of Thales Group) are leading players in X-Ray Detectors Market

The X-ray detectors market is projected to reach USD 3.8 billion by 2024 from USD 2.8 billion in 2019, at a CAGR of 6.1%. Market growth is largely driven by growing public and private investments in digital imaging technologies, declining prices and benefits offered by digital detectors, and reimbursement cuts for analog X-rays. The introduction of wireless X-ray detectors, growing medical tourism in developing countries, and the emerging markets are expected to provide a wide range of growth opportunities for players in the market. On the other hand, the high cost of digital X-ray systems is a major factor limiting market growth.

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February 4, 2019

Key players adopted various growth strategies such as contracts, new product developments, joint ventures/expansions, and partnerships/acquisitions to expand their presence in the Sonar System Market

The sonar system market is projected to grow from USD 2.6 billion in 2018 to USD 3.7 billion by 2023, at a CAGR of 6.98% during the forecast period from 2018 to 2023. The major factors driving the growth of the market are the increasing global seaborne trade activities, growing requirement of shipowners to comply with the maritime safety norms, and flourishing maritime tourism sector.

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February 1, 2019

Scandinavian Enviro Systems AB (Sweden) and Pyrolyx (Germany) are the Key Players in the Recovered Carbon Black (rCB) Market

The global market size for recovered carbon black is projected to grow from USD 55 million in 2018 to USD 491 million by 2023, at a compound annual growth rate (CAGR) of 55.0% during the forecast period. The major driving factors of the recovered carbon black market are growing demand for sustainable and environmentally-friendly fillers in tire and non-tire rubber applications, abundant availability of end-of-life tires, and low and fixed price of recovered carbon black....... Read More
February 1, 2019

Market Leader - Hydrocolloids Market

The hydrocolloids market is estimated to be valued at USD 8.4 billion in 2018 and is projected to reach USD 11.4 billion by 2023, at a CAGR of 5.3% during the forecast period. The growth of the hydrocolloids market is driven by factors such as the expansion of the processed food industry due to the increasing demand for convenience foods in regions such as the Asia Pacific, South America, and the Middle East & African. Apart from this, manufacturers are engaged in R&D to offer high-quality hydrocolloids due to its multi-functionality in the food industry....... Read More
February 1, 2019

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