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Market Leader - NPK Fertilizers (feed-grade and food-grade) MarketThe NPK fertilizers (food-grade) market is estimated to be valued at USD 2.4 billion in 2018 and is projected to reach USD 2.9 billion by 2023, at a CAGR of 4.0%. The market is driven by the rise in consumption of meat and dairy products, the high threat of diseases in livestock, and increasing awareness about the quality of feed and food products....... Read More |
August 2, 2019 |
5G Market in Aviation Companies - Ericsson (Sweden) and Gogo LLC (US) are the Key PlayersThe size of 5G market in aviation is expected to grow from USD 0.5 billion in 2021 to USD 3.9 billion by 2026, at a CAGR of 52.7% from 2021 to 2026. Increasing demand for better flight experience and the need for fast internet connectivity in airports and aircraft are some of the major factors driving this market. ...... Read More |
August 1, 2019 |
Sarens NV (Belgium) and Mammoet (Netherlands) are the Leading Players in the Cranes Rental MarketThe cranes rental market is estimated to be USD 42.1 billion in 2019 and is projected to reach USD 53.1 billion by 2024, growing at a CAGR of 4.7% from 2019 to 2024. Increasing demand for rental cranes from various end-use industries, coupled with growing investments from domestic & foreign investors in the country’s economy is expected to drive the growth of cranes rental market during the forecast period....... Read More |
August 1, 2019 |
Tarkett (France) and Forbo (Switzerland) are the Key Players in the Luxury Vinyl Tiles (LVT) Flooring MarketThe luxury vinyl tiles (LVT) flooring market is projected to grow from USD 18.0 billion in 2019 to USD 31.4 billion by 2024, recording a CAGR of 11.7% during the forecast period. The growth of the LVT flooring market is attributed to the high growth in the construction industry across regions. Factors such as the rise in the number of renovation & remodeling activities, increasing population & urbanization, and the high durability of LVT flooring is projected to drive its demand....... Read More |
August 1, 2019 |
Cisco (US) and Symantec (US) are Leading Players in the Network Security Software MarketThe global network security software and mitigation market size is expected to grow from USD 13.5 billion in 2019 to USD 22.8 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 11.0% 2019 to 2024. The major factors driving the growth of the network security software market include the rising concerns among enterprises about network security and data privacy, and rising awareness among enterprises about the changing threat landscape, and growing need for adherence to data protection laws. Owing to the advent of digitalization, prevalence of migration of data and applications to cloud, and the instances of cyberattacks have increased considerably in the recent times. ...... Read More |
July 31, 2019 |
Oracle (US) and SAP (Germany) are playing lead role in System of Insight MarketThe system of insight market size is projected to grow from USD 1.2 billion in 2019 to USD 3.4 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 22.2% during the forecast period. The increasing demand for smart devices and Internet of Things (IoT) and increase in the focus of analyzing huge amounts of data to derive real-time meaningful insights are expected to drive the system of insight market. ...... Read More |
July 31, 2019 |
Key players adopted various growth strategies, such as new product launches, business expansions, partnerships, agreements, collaborations, and acquisitions, to further expand their presence in the global Autonomous Data Platform MarketThe global autonomous data platform market is expected to grow from USD 810 million in 2019 to USD 2,210 million by 2024, at a CAGR of 22.2% during the forecast period. The rise in adoption of cognitive computing technology and advanced analytics, increasing volume of unstructured data (due to the phenomenal growth of interconnected devices and social media), and increasing volume of complex data are expected to drive the growth of autonomous data platform market across the globe. Furthermore, growing demand from SMEs and increasing adoption of cloud technology are expected to provide an opportunity for autonomous data platform market players to grow globally. ...... Read More |
July 31, 2019 |
3D Systems (US) and Organovo Holdings, Inc. (US) are Leading Players in the 4D Printing in Healthcare MarketThe global 4D printing in healthcare market is estimated to reach USD 32 million by 2026 from 9 million in 2021, at a CAGR of 29.9% during the forecast period. Growth in this market is driven mainly by technological advancements in 3D printing technology, such as the development of smart, programmable materials. On the other hand, high development & production costs, need for compliance with regulatory & performance standards that will slow product launches, and potential safety hazards are expected to restrain the growth of this market to a certain extent ...... Read More |
July 30, 2019 |
Merck KGaA, Sartorius Stedim Biotech, and Pall Corporation are the Leading Players in the Bioprocess Validation MarketThe global bioprocess validation market is exceeded USD 180 million in 2019 and is projected to be valued over USD 360 million by 2024, at a CAGR of 14.6% during the forecast period. The growth of the bioprocess validation services market is driven primarily by the stringent safety and quality regulations governing product certification and testing across the biopharmaceutical and pharmaceutical industries. This has also stimulated the demand for the outsourcing of bioprocess validation services. ...... Read More |
July 30, 2019 |
Esri (US) and Hexagon (Sweden) are the Leading Players in the Geospatial Solutions MarketThe global geospatial solutions market is expected to grow from an estimated USD 239.1 billion in 2019 to USD 502.6 billion by 2024, at a CAGR of 13.2% during the forecast period. The growth of this market is driven by the integration of geospatial technology into mainstream technologies like Internet of Things (IoT), smart robotics, and simultaneous advancements in geospatial with the introduction of artificial intelligence and Big Data....... Read More |
July 30, 2019 |
SAP Ariba (US) and FIS (US) are Leading Players in the Accounts Payable Automation MarketThe global Accounts Payable (AP) automation market size is expected to grow from USD 1.9 billion in 2019 to USD 3.1 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 11.0% during the forecast period. An increasing need for efficient AP process to reduce the invoice processing time across industries is expected to drive the growth of AP automation market across the globe. Furthermore, the AP automation solution empowers organizations to make automatic payment approvals, on-time payment, prevent duplicate payment, and frauds. These benefits drive the adoption of AP automation solutions across industries globally. ...... Read More |
July 30, 2019 |
Exxon Mobil Corporation (US) and Michelman Inc. (US) are the Key Players in the Wax Emulsion MarketThe wax emulsion market in 2019 is estimated to be worth USD 1.6 billion and is projected to reach USD 2.0 billion by 2024, growing at a CAGR of 4.9% during the forecast period. Increasing demand from paints & coatings and adhesives & sealants industries have led to significant developments of wax emulsion, thus, driving the market growth. Wax emulsions possess qualities such as water resistance, abrasion resistance, high melt viscosity, and better aesthetics, making them viable in numerous industries such as paints & coatings, adhesives & sealants, cosmetics, and textiles, among others....... Read More |
July 30, 2019 |
New product launches and product enhancements, to further expand their presence in the global Artificial Intelligence in Accounting MarketThe global Artificial Intelligence (AI) in accounting market size is expected to grow from USD 666 million in 2019 to USD 4,791 million by 2024, at a Compound Annual Growth Rate (CAGR) of 48.4% during the forecast period. The major driving factors in the AI in accounting market are the growing need to automate accounting processes and the need for enhanced data-based advisory and decision making. ...... Read More |
July 29, 2019 |
Gazprom (Russia) and Cummins (US) are the Key Players in the Transmission Sales MarketThe transmission sales market is estimated to be USD 15.8 billion in 2019 and is projected to reach USD 18.7 billion by 2024, growing at a CAGR of 4.2%, from 2019 to 2024. This market growth is driven primarily by the growing shale gas production and low cost of operation. Automation and transition to energy efficiency in oil & gas projects are also expected to fuel the growth of the transmission sales market during the forecast period. ...... Read More |
July 26, 2019 |
AkzoNobel N.V. (Netherlands) and Jotun Group (Norway) are the Key Players in the Abrasion Resistant Coatings MarketThe global market size of abrasion resistant coatings is projected to grow from USD 8.0 billion in 2019 to USD 11.1 billion by 2024, at a compound annual growth rate (CAGR) of 6.5% during the forecast period. The major driving factors for the market are stringent EU and US regulations regarding VOC emissions. The other significant drivers include the enhanced properties of abrasion resistant coatings such as fast curing time and high temperature resistance. The demand for abrasion resistant coatings is increasing from developing economies such as China, India, and Indonesia....... Read More |
July 26, 2019 |
New Products, Adopted Expansion Strategies, and Undertook Collaborations, Partnerships, and Mergers & Acquisitions to Gain Traction in the Bike and Scooter Rental MarketThe bike and scooter rental market is projected to reach USD 10.1 billion by 2027 from USD 2.5 billion in 2019, at a CAGR of 18.9%. The growth of the market is influenced by government initiatives to reduce carbon emissions, high traffic congestion, and pollution in urban cities. Introduction of electric scooters and bikes in the ride sharing market is going to drive the demand rapidly....... Read More |
July 25, 2019 |
Market Leader - Vehicles for Disabled MarketThe vehicles for disabled market is expected to grow from USD 2.6 billion in 2019 to reach USD 6.3 billion by 2027, growing at a CAGR of 11.7%. The growing population of aged & disabled people, along with various government schemes for disabled people is the major factors responsible for the expected growth in this market....... Read More |
July 25, 2019 |
Saba Software (US) and IBM (US) are leading players in Microlearning MarketThe global microlearning market size is expected to grow from USD 1.5 billion in 2019 to USD 2.7 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 13.2% during the forecast period. The increasing need for efficient training of deskless and mobile workers across industries is expected to drive the growth of microlearning market across the globe. Furthermore, microlearning solution empowers organizations to offer skills-based and result-oriented training to their stakeholders including employees, workers, and channel partners. These benefits are driving the adoption of microlearning solutions across industries globally. ...... Read More |
July 25, 2019 |
India Connected Car Market - Market LeadersFactors such as growing demand for smart mobility solutions and the emergence of startups for connected technologies have boosted the India connected car market. The India connected car market is projected to grow at a CAGR of 22.2% from 2019 to 2025, to reach USD 32.5 billion by 2025. ...... Read More |
July 24, 2019 |
Kuraray (Germany) and Sekisui Chemicals (Japan) are leading players in PVB Interlayers MarketThe global PVB interlayers market size is projected to grow from USD 3.1 billion in 2019 to USD 4.4 billion by 2024, at a compound annual growth rate (CAGR) of 7.3% during the forecast period. Increasing production of vehicles and mandatory safety glass regulations are the major factors driving the PVB interlayers market. ...... Read More |
July 24, 2019 |
Medtronic (Ireland) and Galil Medical (US) are Leading Players in the Cryotherapy MarketThe cryotherapy market is projected to reach USD 319 million by 2024 from USD 206 million in 2019, at a CAGR of 9.1%. The increasing demand for minimally invasive procedures; rising incidence of sports injuries, cardiac conditions, and cancers; technological advancements in cryotherapy equipment are important factors driving the growth of this market. ...... Read More |
July 24, 2019 |
APAC is expected to be the fastest-growing market for Nanowire Battery MarketThe nanowire battery market is estimated at USD 53 million by 2021 and is projected to reach USD 243 million by 2026, growing at a CAGR of 35.7%. A nanowire battery is a new type of lithium-ion battery, which uses nanowires to increase the surface area of one or both the electrodes. Nanowire batteries are currently under the research and development phase. They are being considered as a long-term replacement for lithium-ion batteries, which are being used extensively for powering consumer electronics and electric vehicles. ...... Read More |
July 22, 2019 |
Hella (Germany) and Lumishore (UK) are the Leading Players in the Marine Lighting MarketThe global marine lighting market is projected to grow to USD 495 million by 2027 from USD 328 million in 2019, at a CAGR of 5.3% during the forecast period. The increasing demand for lighting is driven primarily by the growing usage of LEDs and the stringent regulations for the marine industry....... Read More |
July 22, 2019 |
Trend Micro (Japan) and Avast Software (Czech Republic) are leading players in Virtual Mobile Infrastructure MarketThe global Virtual Mobile Infrastructure (VMI) market size is expected to grow from USD 113 million in 2019 to USD 173 million by 2024, at a CAGR of 8.9% during 2019–2024. Increase in smartphone penetration and reduced hardware and operating cost using VMI are driving factors for the VMI market. ...... Read More |
July 19, 2019 |
Wilbur-Ellis (US) and Croda International (UK) are the Key Players in the Crop Oil Concentrates MarketThe crop oil concentrates market is estimated to be valued at USD 199 million in 2019 and is projected to reach USD 254 million by 2025, recording a CAGR of 4.1% during the forecast period. The growth of the crop oil concentrates market is driven by factors such as the growing need to increase the efficiency of agrochemicals and increasing adoption of herbicide-tolerant crops. ...... Read More |
July 19, 2019 |
Key players adopted various strategies to grow in the IoT Connectivity MarketMarketsandMarkets expects the IoT connectivity market to grow from USD 3.8 billion in 2019 to USD 8.9 billion by 2024, at a compound annual growth rate (CAGR) of 18.7% during the forecast period 2019-2024. ...... Read More |
July 18, 2019 |
LG Innotek (South Korea) and ABB (Switzerland) are the Leading Players in the Electric Vehicle Communication Controller MarketThe global electric vehicle communication controller (EVCC) market is projected to reach USD 563 million by 2027 from an estimated USD 55 million in 2019, at a CAGR of 33.8%. The base year for the report is 2018, and the forecast period is 2019 to 2027. The growing concerns of various government bodies about a cleaner environment have increased the demand for zero-emission vehicles, which in turn is driving the electrification of vehicles. The increasing demand for electric vehicles will, in turn, fuel the growth of components such as electric vehicle communication controller (EVCC) that helps to normalize the current flowing from the charger to electric vehicle. EVCC communicates with the supply equipment communication controller (SECC) on the charger. EVCC has witnessed rapid evolution with ongoing developments in electric vehicles, battery technology, and charging infrastructure....... Read More |
July 18, 2019 |
Audio Amplifier Companies - STMicroelectronics (Netherlands) and Texas Instruments (US) are Leading PlayersThe audio amplifier market is projected to grow from USD 3.4 billion in 2019 to USD 4.4 billion by 2024, at a CAGR of 5.6% from 2019 to 2024. Based on channel type, the market has been segmented into mono channel, two channel, four channel, six channel, and others. Based on device, the audio amplifier market has been segmented into smartphones, television sets, tablets, desktops & laptops, home audio systems, automotive infotainment systems, and professional audio systems. Based on end-user industry, it has been segmented into consumer electronics, automotive, and entertainment. The audio amplifier market has been studied for four main regions: North America, Europe, Asia Pacific, and the Rest of the World (RoW). ...... Read More |
July 18, 2019 |
3D Projector Market - Market LeadershipThe global 3D projector market is estimated to grow from USD 3.1 billion in 2019 to USD 4.4 billion by 2024, at a CAGR of 7.1%. Major factors driving the growth of the market are the adoption of 3D projectors in cinema halls, digitalization in the education sector, and technological advancements in 3D projectors. However, factors such as the adoption of LED screens as substitutes to projectors pose challenges. ...... Read More |
July 18, 2019 |
Solar Lighting System Companies - Signify Holding (Signify, Netherlands) and Eaton Corporation Inc (Eaton, Ireland) are the Key PlayersThe solar lighting system market is projected to reach USD 10.8 billion by 2024 from USD 5.2 billion in 2019, at a CAGR of 15.6%. Major drivers for the growth of the market are growing need for energy-efficient solar lighting systems for highways, increasing use of renewable energy for lighting, rising penetration & decreasing cost of LEDs, and growing demand from developing and emerging countries. Furthermore, underlying opportunities for the solar lighting system market include a decline in their cost and enhancement in technological aspects. Major restraints for the market are lack of awareness about finance and payback period. The lack of customer ownership in utility-owned solar street lighting poses a major challenge to the solar lighting system market. ...... Read More |
July 17, 2019 |
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