Autonomous Aircraft Companies - Boeing (US), Airbus (France) are the Key Players

Autonomous aircraft refers to aircraft with capabilities to acquire, understand, and process information to make decisions and take necessary actions for the flight operations of an aircraft, without any human interference. The current market of autonomous aircraft includes increasingly autonomous aircraft that possess semi-autonomous capabilities for various flight operations, and fully autonomous aircraft that the current market is moving towards, which will involve complete autonomy in all flight operations. Autonomous aircraft’s autonomy components include – flight management computers, air data inertial reference unit, sensors, actuation system, software, intelligent servos, cameras, radars & transponders, and propulsion system. The autonomous aircraft market is projected to grow from an estimated USD 3.6 billion in 2018 to 23.7 billion by 2030, at a CAGR of 17.06% during the forecast period. This growth can be attributed to reduction in human error due to increased autonomy, increased cost savings, and advancements in artificial intelligence through deep learning.

Atlas Copco AB (Sweden) and Busch Holding GmBH (Germany) are leading players in Medical Vacuum Systems Market

The global medical vacuum systems market is projected to reach USD 1.6 billion by 2024 from USD 1.1 billion in 2018, at a CAGR of 6.3%. Technological advancements in vacuum systems, stringent regulatory frameworks mandating the use of vacuum systems, the increasing number of target surgical procedures across major markets, and the rising number of diagnostic imaging procedures are the major factors driving the growth of the global medical vacuum systems market.

Syapse, Inc. (US) and 2bPrecise LLC (Israel) are the Major Players in the Precision Medicine Software Market

Market Leader - Polymer Emulsion Market

The global polymer emulsion market size is estimated at USD 25.2 billion in 2020 and is projected to reach USD 38.1 billion by 2025, at a CAGR of 8.6%, between 2020 and 2025.  Monomers dissolved in water are known as polymer emulsions. They are formed by a chain reaction known as emulsion polymerization. They are also known as waterborne polymers due to their water content. Polymer emulsions are used increasingly as substitutes for solvent-based polymers. Polymer emulsions have high molecular weight and are considered eco-friendly as they have low VOCs. The key applications of polymer emulsion are paints & coatings, paper & paperboard, adhesives & sealants, and others.

Emerson (US) and Wartsila (Finland) are the Leading Players in the Valve Remote Control System Market

Key players have adopted various strategies to grow in the global Gamification in Education Market

DowDuPont (US), Roquette (France), Ashland (US), and BASF (Germany) are the leading players in the Latin Pharmaceutical Excipients Market

The Latin America pharmaceutical excipients market is projected to reach USD 579 million by 2024 from USD 403 million in 2019, at a CAGR of 7.5% during the forecast period. Factors such as the growing pharmaceutical industry coupled with advancements in functional excipients, growing generics market propelled by patent cliffs, and the rapidly growing biopharmaceuticals sector are driving the market for pharmaceutical excipients. Also, the increasing focus of MNCs on investing in the pharmaceutical and healthcare sectors in Latin America, availability of local and government funding for R&D activities, and rapid growth in aging population & the subsequent increase in the prevalence of related diseases are propelling the market in this region. The emergence of multifunctional and co-processed excipients, shifting focus of pharmaceutical manufacturing to emerging markets, and the growing biologics and biosimilars industry also present significant opportunities for market growth. However, the increasing regulatory stringency regarding the approval of drugs and excipients along with the cost and time-intensive drug development process are expected to restrain the growth of this market during the forecast period.

Rolls-Royce (UK) and John Deere (US) are the Leading Players in the North America Engines Market

Market Leader - Food Processing Seals Market

The food processing seals market size is projected to grow from USD 2.7 billion in 2018 to USD 3.2 billion by 2023, at a compound annual growth rate (CAGR) of 3.3%, during the forecast period. The major driving factors in the food processing seals market are the presence of stringent regulations regarding the use of food grade seals and increasing demand for processed food products.

Precision Harvesting Companies - AGCO, Deere & Company are the Key Players

The precision harvesting market was worth USD 10.4 billion in 2018 and is projected to reach USD 17.5 billion by 2023, at a CAGR of 10.94% from 2018 to 2023. The major drivers for the precision harvesting market are increasing farm mechanization in developing countries in Asia Pacific and Africa, increasing adoption of harvesting robots and autonomous combine harvesters, and increasing labor cost owing to shortage of skilled labor. Precision harvesting has the potential to transform the agriculture sector, making traditional harvesting activities more efficient and economical. The increasing global food demand, extended profitability and crop yield, and minimum wastage of crops during harvesting are the other factors fueling the market’s growth. Also, government initiatives in many countries are helping farmers adopt advanced agricultural and technological tools to improve yield.

Orion Engineered Carbons (Luxembourg) and Cabot Corporation (US) are the Key Players in the Battery Additives Market

3M Company (US) and Intertape Polymer Group (Canada) are leading players in Sealing & Strapping Packaging Tapes Market

The sealing & strapping packaging tapes market is growing rapidly due to the growing applications in the packaging market globally. Factors such as the increasing demand for sealing & strapping packaging tapes from the Asia Pacific region and a wide range of applications in the packaging industry have largely contributed to the growth of the sealing & strapping packaging tapes market. The sealing & strapping packaging tapes market is segmented on the basis of material, type of adhesive, applications, and region. The strapping & bundling segment is projected to witness significant growth due to the technological advancements and innovations in the packaging industry. According to MarketsandMarkets, the global market for sealing & strapping packaging tapes, in terms of value, is projected to reach USD 22.1 billion by 2023, at a CAGR of 4.89%.

Technological growth of Wireless Network Test Equipment Market

The wireless network test equipment market is estimated to be USD 3.2 billion in 2018 and is expected to reach USD 4.7 billion by 2023 at a CAGR of 8.0%. A wireless network uses wireless data connections between network nodes with the help of various devices such as mobile, computer, and other systems. The increasing number of subscribers affect the network quality, which would, in turn, require network testing to solve issues of interference and congestion. Wireless network testing uses drive test, monitoring, and crowdsourcing, along with related test equipment such as analyzers, base station equipment, and probes.  The growing mobile data traffic coupled with increasing adoption of smart devices, rising technological advancement toward networking and communication, and increasing interoperability of network technologies are the major factors driving the growth of the market.

Autodesk (US) and Altair (US) are leading players in Generative Design Market

The global generative design market is expected to grow from USD 111 million in 2018 to USD 275 million by 2023, at a CAGR of 19.9% during the forecast period. Factors that drive the market growth are increasing need for advanced design software to drive product innovation, the growing demand for environment-friendly architecture, and enhanced production efficiency.

New product launches, partnerships, and agreements have been the most favored strategies adopted by major players from 2016 to 2018 in LTE IoT Market

The global Long-Term Evolution (LTE) Internet of Things (IoT) market size is expected to grow from USD 800 million in 2018 to USD 2800 million by 2023, at a Compound Annual Growth Rate (CAGR) of 28.4% during the forecast period. The growth of connected devices and the need for unique and defined network qualities are the major growth factors for the LTE IoT market.