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Market Leader - Customer Journey Analytics Market

The global customer journey analytics market size to grow from USD 8.3 billion in 2020 to USD 25.1 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 20.3% during the forecast period. Various factors such as the growing need to provide seamless customer experience, a higher focus on better customer engagement strategies through omnichannel, and adoption of advanced analytics solutions to leverage the increasing customer data and reduce customer churn rate, are expected to drive the demand for customer journey analytics solutions and services.

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March 2, 2021

Market Leader - Non-Woven Adhesives Market

The non-woven adhesives market size is estimated to be USD 2.3 billion in 2020 and is projected to reach USD 3.5 billion by 2025, at a CAGR of 8.5%, between 2020 and 2025. The key market driver is the growing usage of non-woven hygiene adhesives in baby care, feminine hygiene, and adult incontinence applications. Rising awareness for high-quality products and growing demand from APAC, the Middle East & Africa, and South America are also driving the market. The restraining factor for the growth of the non-woven hygiene adhesives market is stagnant growth in the baby diaper market in developed regions and volatility in raw material prices. Increased use of non-woven hygiene adhesives in applications such as baby care, feminine hygiene, and adult incontinence; and the emergence of new applications, including medical, bath tissues, and pet diapers in the emerging markets such as India, China, Brazil, Mexico, and Southeast Asian countries are likely to change the market dynamics during the forecast period.

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March 2, 2021

Medical Electronics Companies - Analog Devices (US) and Texas Semiconductor (US) are the Key Players

The medical electronics market is estimated to be worth USD 6.3 billion in 2021 and projected to reach USD 8.8 billion by 2026, at a CAGR of 6.9%. The aging population and increasing life expectancy, increasing adoption of IoT-based smart medical devices, escalating demand for portable medical devices and wearable electronics, growing use of radiation therapy in diagnosis and treatment of diseases and existing favorable healthcare reforms and financial assistance by governments for senior citizens are some of the prominent factors for the growth of the medical electronics market globally.

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March 1, 2021

Alcohol Countermeasure Systems Corporation (Canada), BACtrack (US) and Lifeloc Technologies (US) are Leading Players in the Breath Analyzer Market

The breath analyzer market is expected to reach USD 1,167 million by 2025 from USD 524 million in 2020, at a CAGR of 17.4% during the forecast period. The growth in the market is mainly driven by the stringent government regulation, growing alcohol and drug abuse and growing use of breathalzyers in detecting various diseases However, the accuracy and hygiene concerns are expected to restrain the growth of this market during the forecast period.

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March 1, 2021

Colorcon Inc. (US), Sensient Technologies Corporation (US), BASF SE (Germany) are the leading players in the Tablet Coatings Market

The tablet coatings market is projected to reach USD 969 million by 2025 from USD 739 million in 2020, at a CAGR of 5.6% during the forecast period. Growth in this market is majorly driven by the growing pharmaceutical industry coupled with the increasing R&D activities taking place in this field. Also, the growing generics market, rapidly growing biopharmaceuticals sector, growing nutraceutical industry, and the rising adoption of orphan drugs are supporting the growth of the market. The shifting focus of pharmaceutical manufacturing to emerging markets along with the increasing outsourcing of operations to these countries and the growing biologics and biosimilars industry present significant opportunities for market growth. The rising focus on sports nutrition and the technological advancements taking place in niche market areas also offers significant growth opportunities for players operating in this space. On the other hand, the increasing regulatory stringency regarding the approval of drugs and excipients along with the cost and time-intensive drug development process; the high cost associated with the microencapsulation process and the unfavorable drug price control policies are expected to restrain the growth of this market during the forecast period.

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February 26, 2021

PerkinElmer (US) and Deant A/S (Denmark) are the Leading Player in the Newborn Screening Market

The global newborn screening market size is projected to reach USD 1.3 billion by 2026 from USD 0.9 billion in 2021, at a CAGR of 8.3% during the forecast period. Market growth is driven mainly by the increasing prevalence of newborn diseases, government newborn screening prograsms and legislations, and availability of insurnace for newborn screening. However, the availability of refurbhieshed product is expected to hamper the sales of newborn screening market to a certain extents. On the other hand, emerging economies provides lucrative opportunites to the players operating in the newborn screening market....... Read More
February 26, 2021

Integrated Marine Automation System Companies - ABB (Switzerland) and Rolls-Royce PLC (UK) are the Key Players

The integrated marine automation system is projected to grow from USD 4.9 billion in 2020 to USD 7.8 billion by 2025, at a CAGR of 10.0% from 2020 to 2025. Some of the major factors driving this market include the increasing global sea trade, improving marine navigational safety resulting in lesser accidents, and growing maritime tourism. The demand for new ships and the retrofitting of existing ships with advanced technologies are expected to grow with increased trade activities. New defense and commercial vessels are equipped with advanced systems for improved safety and efficiency.

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February 26, 2021

SAP (Germany) and Oracle (US) are Leading Players in the Blockchain Supply Chain Market

The global blockchain supply chain market size is projected to grow from USD 253 million in 2020 to USD 3,272 million by 2026, at a Compound Annual Growth Rate (CAGR) of 53.2% during the forecast period. An Increasing need for supply chain transparency and rising demand for enhanced security of supply chain transactions are major growth factors for the market. Increased automation and elimination of middlemen with blockchain in supply chain management would create opportunities for the market growth during the forecast period.

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February 26, 2021

Market Leader - Blockchain IoT Market

The global blockchain IoT market size is projected to grow from USD 258 million in 2020 to USD 2,409 million by 2026, at a Compound Annual Growth Rate (CAGR) of 45.1% during the forecast period. The growing need for IoT security, simplified processes supported with transparency and immutability, and high adoption of blockchain-based IoT solutions using smart contracts and AI is expected to surge demand for blockchain IoT market globally.

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February 26, 2021

IBM (US) and Oracle (US) are Leading Players in the Big Data Security Market

In the post-COVID-19 scenario, the global big data security market size is projected to grow from USD 17.5 billion in 2020 to USD 35.3 billion by 2026, recording a Compound Annual Growth Rate (CAGR) of 12.4% from 2020 to 2026. The market’s growth can be attributed to the increasing awareness and rising investments in big data security solutions across global organizations operating across verticals.

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February 25, 2021

GE Healthcare (US), Siemens Healthineers AG (US) and Koninklijke Philips N.V. (Netherlands) are the Key Players in the Intraoperative Imaging Market

The global intraoperative imaging market size is projected to reach USD 2.5 billion by 2025 from USD 1.9 billion in 2020, at a CAGR of 5.2% during the forecast period. The major factors driving the growth of this market include the rapidly growing geriatric population and the subsequent increase in the prevalence of associated diseases; rising preference for minimally invasive procedures; technological advancements in intraoperative imaging modalities; and increasing investments, funds, and grants by public-private organizations....... Read More
February 23, 2021

Market Leaders - Biological Seed Treatment Market

The biological seed treatment market is projected to reach USD 1.7 billion by 2025, from USD 0.9 billion in 2020, at a CAGR of 11.9% during the forecast period. The market has been growing at a significant rate due to the increasing need for a sustainable approach in agricultural operations in developed countries. Strong research funding by key manufacturers on product development such as compatible combinations of biological and chemical components is expected to drive the growth of the market over the next five years.

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February 23, 2021

Amcor Plc (Switzerland) and Dow (US) are Leading Players in the Blister Packaging Market

The global blister packaging market size is estimated at USD 24.1 billion in 2020 and is projected to reach USD 34.1 billion by 2025, at a CAGR of 7.2%, between 2020 and 2025. Blister packaging is a transparent, portable packaging material, with a flat base and raised cover of plastic, which is tamper-evident and resistant to moisture, protecting the product from damage. The product to be packed is attached to the base substrate, which could be paperboard, rigid plastic, or aluminum foil. A molded, transparent plastic film is sealed to the base substrate through the heat-sealing process. The transparent plastic film offers high visibility of the product.

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February 23, 2021

Market Leader - Nuclear Imaging Equipment Market

The nuclear imaging equipment market is expected to reach USD 3.4 billion by 2025 from USD 2.6 billion in 2020, at a CAGR of 4.9% during the forecast period. The growth in this market is mainly driven by the the shift from standalone to hybrid modalities, advances in radiotracers, the increasing focus on personalized medicine, investments through public-private partnerships to modernize diagnostic imaging centers, and the increasing incidence and prevalence of cancer and cardiac ailments. However, the high cost of nuclear imaging equipmentis expected to limit the growth of this market.

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February 22, 2021

Vertiv Holdings Co. (US) and Schneider Electric SE (France) are Leading Players in the Data Center Cooling Market

The data center cooling market is projected to grow from USD 9.4 billion in 2020 to USD 15.7 billion by 2025, at a CAGR of 10.7% from 2020 to 2025. The major reasons for the growth of the data center cooling market include improving efficiency in data centers, rising spending on data centers, significant growth in number of data centers and their power density, increasing demand for cost-effective data center solutions, and the rising significance of eco-friendly data center solutions. These factors are responsible for driving the demand for data center cooling market.

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February 19, 2021

Klinger (Austria) and Flexitallic (US) are leading players in Industrial Gaskets Market

The global industrial gaskets market size is estimated at USD 9.0 billion in 2020 and is projected to reach USD 11.6 billion by 2025, at a CAGR of 5.2%. The demand for industrial gaskets is increasing, owing to growing demand from oil & gas production-related facilities in GCC countries, and stringent leakage regulations implemented by the Environmental Protection Agency to prevent damage to the environment.

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February 19, 2021

Aircraft Seat Actuation System Companies - Astronics Corporation (US) and ITT Inc. (US) are the Key Players

The Global Aircraft Seat Actuation System Market size is projected to grow from USD 496 million in 2020 to USD 763 million by 2025, at a CAGR of 9.0% from 2020 to 2025. The market is driven by various factors, such as increase in demand for premium economy seats  and maintenance & retrofitting of existing aircraft.

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February 18, 2021

Micro Server IC Companies - Intel Corporation (US) and Advanced Micro Devices, Inc. (US) are the Key Players

The micro server IC market is expected to grow from USD 1.2 billion in 2021 to USD 2.2 billion by 2026, at a CAGR of 12.6%. Micro servers are energy-efficient, high-density servers with a large number of nodes containing low-powered processors and shared infrastructure. These are small computing appliances based on the SoC concept. In the present scenario, data traffic is continually rising, driving the demand for secure and reliable storage and data processing. To accommodate this large data, companies are deploying new data centers or upgrading their existing data centers and developing hyperscale or mega data centers.

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February 17, 2021

Market Leader - Crop Protection Chemicals Market

The global Crop protection chemicals size is estimated to be valued USD 63.7 billion in 2020 and is projected to reach a value of USD 74.1 billion by 2025, growing at a CAGR of 3.1% during the forecast period. The growth of this market is attributed to an increasing need for food security of the growing population....... Read More
February 12, 2021

Market Leaders - Food Anti-Caking Agents Market

The global Food anti-caking agents market size is estimated to be USD 822 million in 2020 and is projected to reach USD 1,074 million by 2025, at a CAGR of 5.5% during the forecast period. The food anti-caking agents market is driven by its usage in a wide range of applications, need for varied functionalities in diverse range of food products, concern toward food safety and hygiene in manufacturing practices, and demand for food products with better quality and enhanced shelf life.

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February 12, 2021

Market Leaders - Semi-Trailer Market

The global semi-trailer market is estimated to be USD 29.5 billion in 2020 and is projected to reach USD 41.2 billion by 2025, growing at a CAGR of 5.6% from 2020 to 2025. Asia Pacific is estimated to show highest CAGR growth in the semi-trailer market. The industrial expansion in emerging economies, such as India and China, coupled with infrastructural development has led to the increased demand for freight transportation in this region.

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February 12, 2021

GlaxoSmithKline PLC (US) and Teleflex Incorporated (US) are the Key Players in the Benign Prostatic Hyperplasia Treatment Market

The benign prostatic hyperplasia treatment market is projected to reach USD 14.1 billion by 2026 from USD 10.8 billion in 2021, at a CAGR of 5.3% from 2021 to 2026. Benign prostatic hyperplasia (BPH) is defined as a medical condition affecting men. It involves the non-cancerous enlargement of the prostate gland. While BPH rarely shows symptoms before the age of 40, the risk of contracting BPH increases with age. The condition affects nearly 50% of men between the ages of 51 and 60 and up to 90% of men older than 80. Treatment measures such as medications and surgery have been used for patients with BPH....... Read More
February 11, 2021

AJL Ophthalmic (Spain) and CorneaGen (US) are the Prominent Players in the Artificial Cornea and Corneal Implant Market

The global artificial cornea and corneal implant market is projected to reach USD 599 million by 2026 from USD 418 million in 2021, at a CAGR of 7.4% from 2021 to 2026. Market growth is largely driven by the The growing geriatric population and the rising prevalence of eye diseases are the major drivers for the artificial cornea and corneal implants market. The increasing prevalence of eye disorders and government initiatives to control visual impairment are further boosting the market growth. ...... Read More
February 10, 2021

Qualcomm (US) and Ericsson (Sweden) are Leading Players in the 5G Industrial IOT Market

The 5G Industrial IoT market size is projected to grow from USD 0.5 billion in 2020 to USD 15.7 billion in 2026, at a Compound Annual Growth Rate (CAGR) of 79.1% during the forecast period. The major factors driving the growth of the 5G Industrial IoT market include the growth in data traffic due to the increasing number of IoT devices across manufacturing industries, increasing demand for high realibility and low latency networks in manufacturing industries, growth in number of M2M connections across manufacturing industries, and the rising need of preventive maintenance of critical equipment.

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February 10, 2021

ZEISS (Germany) and iCAD, Inc (US) are Leading Players in the Intraoperative Radiation Therapy Market

The global intraoperative radiation therapy market is projected to reach USD 66 million by 2025 from USD 48 million in 2020, at a CAGR of 6.4% during the forecast period. The rising incidence of cancer, technological advancements, and advantages offered by IORT are the major factors driving the growth of the global intraoperative radiation therapy market. Research and clinical trials are also being conducted to expand the applications of IORT; this will add to market growth prospects in the coming years. However, the complexity of this technology is indicative of the need for skilled and trained personnel, which may hinder market growth given a current dearth of manpower in many parts of the world. In addition, physicians prefer conventional radiotherapy to IORT due to the better reimbursement scenario for the former.

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February 10, 2021

GE Healthcare (UK), Siemens AG (Germany), Koninklijke Philips (Netherlands) are Leading Players in the Surgical Imaging Market

The global surgical imaging market is projected to reach USD 2.4 billion by 2025 from an estimated USD 1.8 billion in 2020, at a CAGR of 6.3% during the forecast period. The major factors driving the growth of this market include the advantages of FPDs over image intensifiers, technological advancements, reimbursement cuts for analog radiography systems, and the increasing demand for minimally invasive procedures. However, the high cost of systems is estimated to restrain the growth of this market during the forecast period.

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February 10, 2021

Quest Diagnostics Incorporated (US), Hologic, Inc. (US), and F. Hoffmann-La Roche Ltd. (Switzerland) are the Leading Players in the women’s Health Diagnostics Market

The women’s health diagnostics market is projected to reach USD 36.6 billion by 2025 from USD 25.0 billion in 2020, at a CAGR of 7.9% during the forecast period. The growing awareness about various health-related disorders, rising incidence of chronic and lifestyle disorders, and the high prevalence of infectious diseases such as HIV and hepatitis in women across the globe, increasing adoption of POC diagnostic testing and the growth in the number of diagnostic and imaging centers support the growth of the market. However, the high cost of diagnostic devices, tests, and procedures; shortage of skilled laboratory technicians; and insufficient reimbursements for diagnostic tests are expected to restrain this markets growth to a certain extent. ...... Read More
February 9, 2021

Top 10 Sensors Companies - Emerson Electric Co. (US) and Honeywell International (US), are the Key Players

The top 10 sensor markets were valued at USD 72.7 billion in 2021 and are expected to reach USD 101.1 billion by 2026, at a CAGR of 6.8% during the forecast period. Among the end-user industries, consumer electronics, automotive, and healthcare are the major markets. Some of the reasons are the increasing demand for smart devices in consumer electronics, growing importance of measuring and controlling devices in these industries, and increasing concern toward security and surveillance in these sectors.

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February 9, 2021

Market Leaders - Automotive Engine Management System Market

The engine management system market is projected to grow to USD 63.2 billion by 2025 from USD 58.8 billion in 2020, at a CAGR of 1.5% during the forecast period. The major driving factors for the engine management system market are stringent emission norms and fuel efficiency regulations around the globe.

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February 9, 2021

NCR Corporation (US) and Ingenico (France) are Leading Players in the Retail Point of Sale Market

The global retail POS market size is projected to grow from USD 15.8 billion in 2020 to USD 34.4 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 13.9% during the forecast period. The major growth drivers for the market include growing interest in non-cash transactions among consumers, increased data visibility through cloud POS systems and enhanced service delivery. However, data security concerns may restrain the market growth.

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February 8, 2021

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