Research Insight

Top Companies in Endoscopic Ultrasonography (EUS) Market: Olympus Corporation (Japan) and Medtronic (US) are the Leading Players

The global endoscopic ultrasonography marketis projected to reach USD 1.93 billion by 2029 from USD 1.37 billion in 2024, at a CAGR of 7.1%. Endoscopic ultrasonography (EUS) is a medical procedure that merges endoscopy and ultrasound to provide detailed images of the digestive tract, and its surrounding tissues, and also nearby organs. It is broadly used in the diagnosis, staging, and treatment of various gastrointestinal (GI) conditions. They are used by healthcare proffesionals such as gastroenterologists, cardiologists, nephrologists, neurologists, hepatologists, and gynaecologists to perform safe examinations and interventions.

• Published: February 2025

Drone Detection Companies - RTX (US) and Northrop Grumman (US) are the Key Players

The Drone detection market is estimated in terms of market size to be USD 659.4 million in 2024 to USD 2,329.9 million by 2029, at a CAGR of 28.7%. The Drone detection market is experiencing significant growth due to the increased need for UAV detection systems, regional conflicts, geopolitical tensions, and rising unauthorized drone activities. These factors are driving the growth in the drone tracking systems. Lockheed Martin Corporation (US), RTX (US), Northrop Grumman (US), Teledyne FLIR LLC (US), Elbit Systems Ltd. (Israel), Thales (France), Saab AB (Sweden), Leonardo S.p.A. (Italy), Rheinmetall AG (Germany), and L3Harris Technologies, Inc. (US) are the top companies in the market. These companies, to strengthen their position in the market, have implemented various growth strategies, like collaborations, expansions, contracts, partnerships, and agreements related to UAV Detection Systems.

• Published: February 2025

PET & PBT Resins Companies - Indorama Ventures Public Company Limited and Alpek, S.A.B. de C.V. are Leading Players in the Polyethylene Terephthalate (PET) & Polybutylene Terephthalate (PBT) Resins Market

The combined global PET & PBT resin market size was USD 47.99 billion in 2024, and it is anticipated to be worth USD 64.01 billion by 2029.

In 2024, the PET resin market will account for USD 43.06 billion, while the PBT resin sector will amount to USD 4.93 billion. Furthermore, PET resin will have reached USD 57.64 billion while its counterpart PBT will grow to USD 6.39 billion by 2029, with both recording a CAGR of 6.0% and 5.3%, respectively.

• Published: February 2025

Top Companies in Vascular Access Devices Market - Becton Dickinson and Company (US) and Teleflex Incorporated (US) are the Leading Players

The vascular access device market is projected to reach USD  9.05 billion by 2030 from USD 5.99 Billion in 2024, at a CAGR 7.1% from 2024 to 2030.

• Published: February 2025

Top Companies in Environmental Testing Industry - SGS SA (Switzerland), Bureau Veritas (France) and Eurofins Scientific (Luxembourg)

The environmental testing market is estimated at USD 7.43 billion in 2025 and is projected to reach USD 9.32 billion by 2030, at a CAGR of 4.6% from 2025 to 2030. The environmental testing market is driven by several factors, which involve the enforcement of stricter pollution control laws by the governments worldwide are leading to higher demand for environmental testing services.

• Published: February 2025

Top Companies in Industrial Edge Industry - AWS (US), IBM (US), Cisco (US), Dell (US), and Hewlett Packard Enterprise (HPE) (US)

With a CAGR of 16.1%, the global industrial edge market is expected to increase from USD 21.19 billion in 2025 to USD 44.73 billion in 2030. Growing use of industrial edge devices in areas like automotive, energy, and manufacturing is driving this growth. Industrial edge hardware and edge software are being used by companies trying to maximise operational efficiency, reduce latency, and enable real-time data processing. The spread of loT devices and the rise of Industry 4.0 have aggravated this trend even more as companies want to handle data at their source instead of depending only on centralised cloud services. Since they not only improve response times but also reduce bandwidth costs and improve data security, industrial edge software and hardware are becoming an essential part of contemporary industrial activities.

• Published: February 2025

Honeywell International Inc. (US) and Johnson Controls (Ireland) are Leading Players in the HVAC Controls Market

The HVAC controls market is projected to grow from USD 25.81 billion in 2025 and is expected to reach USD 39.07 billion by 2030, growing at a CAGR of 8.6% from 2025 to 2030. The growing adoption of HVAC automation solutions is driving significant advancements in the HVAC industry, as businesses and homeowners seek smarter, more efficient ways to manage climate control. Modern HVAC equipment is increasingly integrated with advanced HVAC temperature control systems, enabling precise regulation of heating, cooling, and ventilation to optimize energy use and enhance comfort. HVAC control systems are evolving with IoT, AI, and cloud-based technologies, allowing for remote monitoring, predictive maintenance, and real-time adjustments. Leading HVAC control system manufacturers are innovating to meet the rising demand for sustainable and user-friendly solutions, catering to both residential and commercial markets. This shift toward automation is not only improving operational efficiency but also supporting global sustainability goals by reducing energy consumption and carbon emissions.

• Published: February 2025

Biogen Inc. (US) and Novartis AG (Switzerland) are Leading Players in the Gene Therapy Market

The global gene therapy market is projected to reach USD 8.85 billion in 2024 will increase to USD 36.55 billion by 2032, with a compound annual growth rate (CAGR) of 19.4% from 2024 to 2032. The growth of gene therapy market ascribed to major factors such as growing demand for curative therapies for genetic disorders, rare diseases, and specific types of cancer, and increasing investments in gene therapy research. On the other hand, the high cost of gene therapy products is projected to impede market growth.

• Published: February 2025

Refrigerants Companies - Market Leaders in the Refrigerants Market

In terms of value, the Refrigerants market is estimated to grow from USD 6.99 billion in 2024 to USD 9.56 billion by 2029, at a CAGR of 6.5%. Refrigerants market has grown as the demand for increasing demand for consumer appliances and growing pharmaceutical industry. These factors drive the refrigerants market. Also, the refrigerants manufacturers have opportunity such as increasing demand for HVAC systems in emerging economies and increasing demand for natural refrigerants. Along with the drivers and opportunities, stringent regulations against fluorocarbon refrigerants, and flammability and toxicity issues are the major restraint for the market growth.

• Published: February 2025

Tow Prepreg Companies - Teijin Limited (Japan) and Hexcel Corporation (US) are Leadigng Players in the Tow Prepreg Market

The tow prepreg market is projected to grow from USD 0.20 billion in 2024 to USD 0.35 billion by 2029, at a CAGR of 12.3% during the forecast period.

• Published: February 2025

Viatris Inc. (US) and GlaxoSmithKline PLC (UK) are Leading Players in the BPH Surgical Treatment Market

The BPH Surgical Treatment market is expected to grow from USD 12.62 billion in 2024 to USD 17.19 billion by 2030 at a growth rate of 5.3% CAGR. The BPH surgical treatment market is growing due to the rising prevalence of older men population and increasing cases of obesity, along with the increasing demand for minimally invasive surgery procedures for BPH Treatment. The favorable reimbursement policies, improved healthcare infrastructure, insurance coverage, and favorable reimbursement policies are the related driving factors for the market growth.

• Published: February 2025

Top Companies in Location-based Entertainment Industry - Microsoft (US),Google (US), Meta (US), NVIDIA (US) and Unity Technologies (US)

The global Location-Based Entertainment market size is projected to grow from USD 5.47 billion in 2024 to USD 15.33 billion by 2029 at a compound annual growth rate (CAGR) of 22.9%. The market is growing because of new immersive technology developments that include Virtual Reality (VR) and Augmented Reality (AR) which improve user engagement. Earlier, immersive experiences needed major physical infrastructure investments, which restricted their accessibility. High-quality entertainment is now accessible to a wide audience because LBE implements VR and AR solutions that deliver both affordable rates and scalable capabilities. For instance, the gaming company Sandbox VR continues its expansion through new openings at Park Meadows Mall in Colorado, US, where customers can experience full-body motion capture gaming. The acquisition of Springboard VR by Vertigo Games aims to boost the distribution of VR content for LBE venues. These innovations expand the market through better accessibility while generating more consumer interest.

• Published: February 2025

Probiotic Supplement Market Guide: Trends, Innovations, and Consumer Insights

The global probiotic supplement market is growing at a steady rate, with projections indicating significant expansion in the coming years.

• Published: February 2025

Green Water Treatment Chemicals Companies - Kemira (Finland) and Veolia (France) are Leading Players in the Green Water Treatment Chemicals Market

The green water treatment chemicals market is projected to reach USD 2.25 billion by 2029 from USD 1.70 billion in 2025, at a CAGR of 7.2% during the forecast period. The growth drivers of green water treatment chemicals are increased environmental sustainability knowledge and strong regulatory standards alongside rising needs for optimal water management practices. The market demands increasingly force industries to adopt biodegradable non-toxic substitutes which has become an absolute requirement. Strict regulations from governments alongside international organizations force industrial wastewater emission control measures which drive businesses toward adopting sustainable practices. Water recycling and reuse initiatives in water-scarce areas boost the need for green water treatment chemicals which changes them into vital elements in contemporary industrial procedures. Businesses have raised their investments in advanced production technologies to meet their sustainable practice requirements.

• Published: February 2025

Power Electronics Software Companies - MathWorks, Inc. (US) and Keysight Technologies (US) are the Key Players

The power electronics software market is projected to reach USD 5.25 billion by 2030 from USD 3.33 billion in 2025, growing at a CAGR of 9.5% during the forecast period. Key growth drivers in the market include the increasing adoption of renewable energy sources, the growing shift towards electric vehicles, and advancements in semiconductor technologies.

• Published: February 2025

Top Companies in EV Battery Recycling Industry - Contemporary Amperex Technology Co., Limited. (China), GEM Co., Ltd. (China), Umicore (Belgium), Glencore (Switzerland) and Fortum (Finland)

The global EV battery recycling market, by value, is estimated to be USD 0.54 Billion in 2024 and is projected to reach USD 23.72 Billion by 2035, at a CAGR of 40.9% from 2024 to 2035.

• Published: February 2025

AI in Manufacturing Market Analysis, Leading Players, and Industry Outlook

Artificial Intelligence (AI) is revolutionizing the manufacturing industry by enhancing efficiency, reducing operational costs, and improving product quality. With AI-driven automation, predictive maintenance, and data analytics, manufacturers can optimize their production lines, minimize downtime, and stay competitive in the rapidly evolving industrial landscape. The integration of AI into manufacturing is expected to witness exponential growth, driven by advancements in machine learning, robotics, and industrial IoT (Internet of Things).

• Published: February 2025

North America Aquafeed Market Latest Trends, Opportunities, and Forecast

The North American aquafeed feed market is estimated at USD 1,987.8 million in 2024; it is projected to grow at a CAGR of 6.2% to reach USD 2,687.9 million by 2029. The markets within North America include the US, Canada, and Mexico. North America is a major importer of aquaculture products. The consumption of fish and seafood remains high in North America. According to the Fisheries of the United States report from 2020, commercial fishers in the US caught 8.4 billion pounds of fisheries worth USD 4.7 billion last year. Additionally, World Bank data shows that aquaculture production in North America reached 645,287 metric tons in 2022. As a result, there is a growing need for specialized aquafeed tailored to different species and life stages to support the growth of the aquafeed market in the region. 

• Published: February 2025

North American Crop Protection Chemicals Market Share, and Growth Forecast

According to MarketsandMarkets, the North American crop protection chemicals market is projected to reach USD 21.0 billion by 2029 from USD 15.98 billion by 2024, at a CAGR of 5.6% during the forecast period in terms of value. As a key region for the export of agricultural products, North America is one of the largest consumers of crop protection chemicals. It is mainly dominated by large-scale operations, primarily focused on exports, with a very organized distribution chain. Factors such as fertile soils, availability of water & land, entrepreneurial farmers, and efficient infrastructure are key competitive advantages for the regional market. However, the need to optimize the use of natural resources and manage increasing labor costs is a key challenge that fuels the market demand for crop protection chemicals to gain efficient production. 

• Published: February 2025

Top Companies in Remote Patient Monitoring (RPM) Market - Koninklijke Philips N.V. (Netherlands) and Medtronic (Ireland) are the Leading Players

The remote patient monitoring market is projected to reach USD 56.94 billion by 2030 from USD 27.72 billion in 2024, at a high CAGR of 12.7% during the forecast period. The main driver behind this high rate of growth is an increasingly aging population needing more healthcare as well as growing demand for ease of access in health care choices. Telehealth and RPM technologies save money by making healthcare work better and reducing stress on hospitals and medical staff. In addition, it allows patients to receive continuous care from home that can lead to better health as well as improve care delivery. However, differences in regulations across regions could slow down the market’s growth, requiring careful attention to ensure these technologies can be widely adopted.

• Published: February 2025

Top Companies in Microcarriers Market - Thermo Fisher Scientific Inc. (US) and Merck KGaA (Germany) are the Leading Players

The global microcarriers market is projected to reach USD 2.08 billion in 2024 will increase to USD 3.05 billion by 2029, with a compound annual growth rate (CAGR) of 8.0% from 2024 to 2029. The growth of gene therapy market ascribed to major factors such as  increasing demand for cell culture systems in biopharmaceutical and biotechnology applications, technological advancements, and increasing R&D funding. On the other hand, high cost of cell biology research and limitations in the production of high-density cell culture are restraining the market growth.

• Published: February 2025

Top Companies in Livestock Flooring Industry - Agri & Industrial Rubber Ltd. (Ireland), Gummiwerk KRAIBURG Elastik GmbH & Co. KG (Germany) and Bioret Agri (France)

The livestock flooring market is estimated to be valued at USD 1.76 billion in 2025 and poised to achieve a 4.2% CAGR, reaching USD 2.16 billion by 2030, and is experiencing transformative shifts and innovations. The livestock flooring market is seeing considerable growth with increased demand for sustainable and animal-friendly farming practices. The consumption and production of milk and meat products are increasingly globally, driven by the increased benefits of advanced flooring systems in the area of welfare, productivity, and hygiene in the livestock. EUROSTAT reported, in November 2024, the EU processed 164.6 million tons of whole milk. Of these, 69.4% was used in the production of cheese and butter.  Livestock flooring systems, for example soft slip-resistant surfaces, mimic natural pastures, reducing hoof-related diseases such as sole ulcers and white line disease while improving cattle health and productivity. These flooring types also ensure better hygiene by preventing bacterial buildup and thereby lowers the risk of diseases such as mastitis. With the animal well-being and reduce veterinary costs, such flooring systems are becoming essential in modern farms. As global dairy and meat markets expand, the livestock flooring market is set to grow further.

• Published: February 2025

Danaher (US) and F. Hoffmann-La Roche Ltd (Switzerland) are Leading Players in the Molecular Infectious Disease Testing Market

The molecular infectious disease testing market is projected to reach USD 17.78 billion by 2029 from USD 9.37 billion in 2024, at a CAGR of 13.7% during the forecast period. The growing burden of infectious diseases, including HIV, HPV, hepatitis, CT/NG and emerging pathogens around the world require timely, accurate diagnosis to combat outbreaks and promote patient care outcomes. Growing emphasis on R&D in molecular diagnostics is amplifying this demand by driving innovations in techniques like PCR and NGS, that promise to further enhance the precision, speed, and multiplexing capabilities of these tests. Furthermore, availability of funding is increasingly rising in public and private sectors, coupled with the governments' efforts towards enhancement of diagnosis. The market, thus, will see more innovation in developing the most sophisticated technologies of advanced molecular testing and thereby maintaining a robust pipeline of novel diagnostics capable of efficiently dealing with infectious diseases.

• Published: February 2025

Medical Filtration Companies - Merck KGaA (Germany) and Sartorius AG (Germany) are Leading Players in the Medical Filtration Market

The medical filtration market is expected to grow at a CAGR of 6.8% to reach USD 9.35 billion by 2030 from USD 6.29 billion in 2024. The factors like stringent regulatory and quality standards and growing focus on infection control are significantly driving the market growth.

• Published: February 2025

Augmented and Virtual Reality Market Insights: Emerging Trends, Regional Analysis, and Future Scope

The Augmented Reality (AR) and Virtual Reality (VR) market has witnessed unprecedented growth over the past decade, revolutionizing industries such as gaming, healthcare, education, and retail. AR enhances real-world experiences by overlaying digital elements, while VR immerses users in completely virtual environments. With rapid technological advancements, increasing investments, and growing consumer demand, the AR & VR market is poised for substantial expansion in the coming years.

• Published: February 2025

Top Companies in Cell Counting Market Danaher Corporation (US) and Thermo Fisher Scientific (US) are the Leading Players

The global cell counting market is anticipated to reach USD 16.14 billion in 2029 from USD 11.12 billion in 2024, with a significant CAGR of 7.7%. The market for cell counting market is competitive, with key players strategizing to capture the majority of market share.

• Published: February 2025

Top Companies in Autonomous Forklift Industry - Toyota Industries Corporation (Japan), Kion Group AG (Germany), Mitsubishi Logisnext Co Ltd (France) and Jungheinrich AG (Germany)

The autonomous forklift market is projected to reach USD 5.07 billion by 2032 from an estimated USD 2.73 billion in 2025, at a CAGR of 9.3% from 2025 to 2032. The base year for the report is 2024, and the forecast period is from 2025 to 2032. The key factors contributing to the growth of the autonomous forklift market include rising demand for automated storage and retrieval systems (ASRS), growing popularity of automated material handling equipment and warehouses, especially in the e-commerce industry, industrial growth in emerging economies, rising demand for third-party logistics services are some of the driving factors for the market.

• Published: February 2025

Stryker Corporation (US) and Zimmer Biomet Holdings, Inc. (US) are Leading Players in the Joint Replacement Devices Market

The global joint replacement devices market is projected to grow USD 31.09 billion in 2030 from USD 23.42 billion in 2024, at a CAGR of 4.8% from 2024 to 2030. Rising investments in advancing technology, expansion of investment and new business opportunities in emerging countries, and rise in the population suffering from orthopedic diseases, as well as the elderly age group, will lead to growth of the joint replacement devices market. Older population are more likely to experience orthopedic conditions such as osteoarthritis, osteoporosis, and fractures. Changes in the age structure have led to an increased need for orthopedic implants that enhance mobility and quality of life for affected individuals. In addition to the gradual expansion of the market, there has been an increase in orthopaedic procedures and growing awareness of the advantages of orthopaedic surgery.

• Published: February 2025

Redispersible Polymer Powder Companies - Wacker Chemie AG (Germany) and DOW (US) are Leading Players in the Redispersible Polymer Powder Market

The global redispersible polymer powder market is projected to grow from USD 1.61 billion in 2024 to USD 2.35 billion by 2029, at a CAGR of 7.8% from 2024 to 2029. The market's growth is driven by the rising demand in construction industry, expanding construction sector, and increased spending on repair and maintenance activities.

• Published: February 2025

Top Vendors in Hyperscale Data Center Industry - AWS (US), Google (US), Microsoft (US), Oracle (US) and IBM (US)

The global hyperscale data center market will grow from USD 162.79 billion in 2024 to USD 608.54 billion by 2030 at a compounded annual growth rate (CAGR) of 24.6% during the forecast period. Hyperscale data centers are extensive facilities designed to meet business and cloud service providers' enormous computing, storage, and networking needs. Such data centers can improve the management and automation of IT services through high-density cooling, efficient power management, and optimization of resources. By ensuring scale efficiency and focusing on delivering performance along with energy efficiency goals, hyperscale data centers provide a high traffic flow without a hitch in huge volumes.

To know about the assumptions considered for the study download the pdf brochure

• Published: February 2025

Top Companies in Respiratory Diagnostics Market - Koninklijke Philips N.V. (Netherlands) and GE Healthcare Technologies Inc. (US) are the Leading players

The global respiratory diagnostics market is projected to reach USD 9.02 billion by 2030 from USD 6.17 billion in 2024, at a CAGR of 6.5%. Growth in this market is largely driven by the increasing incidences of respiratory disorders like Chronic Obstructive Pulmonary Disorder (COPD), asthma, tuberculosis, lung cancer, and other pulmonary disorders. Further, there is an increase in the number of cigarette smokers, growing aging population and changing lifestyle, which are boosting the market growth.

• Published: February 2025

North American Nutraceutical Ingredients Market Growth Forecast

The North American nutraceutical ingredients market is on a trajectory of significant expansion, with an estimated value projected to reach USD 45.5 billion by 2029 from the 2024 valuation of USD 35.6 billion, displaying a promising Compound Annual Growth Rate (CAGR) of 5.1%. The North American region holds the potential for consuming nutraceutical ingredients and is expected to play an important role in the global market. This is attributed to the prevalence of chronic diseases due to a hectic lifestyle and increased consumer awareness about the health benefits of nutraceutical ingredients. American consumers are calorie-conscious, which makes low-calorie and low-fat foods popular in the US and Canada. Additionally, as consumers become aware of the health benefits of prebiotics and their significance in weight management, the demand for nutraceutical-based products increases. North America has the highest prevalence of obesity, further driving the demand for nutraceutical ingredients.

• Published: February 2025

Sailing Through the Growing Shipbuilding Industry

The global shipbuilding industry, is navigating a transformative phase driven by factors such as technological advancements, increasing global trade, and the growing focus of marine customers on sustainable and energy-efficient solutions, while the Innovation-driven practices and industry opportunities are ensuring that marine vessels market remain at the forefront of global commerce and infrastructure in the shipbuilding industry.

• Published: February 2025

Industrial Fasteners Manufacturers - Illinois Tool Works Inc. (US) and Stanley Black & Decker, Inc. (US) are Leading Players in the Industrial Fasteners Market

The market for industrial fasteners is approximated to be USD 90.57 billion in 2025, and it is projected to reach USD 104.12 billion by 2029, at a CAGR of 3.5%.

• Published: February 2025

Top Companies in AI for Customer Service Industry - Microsoft (US), IBM (US), Google (US), Oracle (US) and AWS (US)

The global AI for customer service market is projected to register a CAGR of 25.8% during the forecast period, reaching USD 47.82 billion by 2030 from an estimated USD 12.06 billion in 2024. Generative AI is transforming the AI for customer service market by improving customer engagement with omni-channel self-service options and enhancing efficiency and satisfaction with intelligent routing. This technology enables hyper-personalized customer experiences, ensuring that interactions are more tailored and effective. By streamlining workflows, generative AI allows for faster issue resolution, reducing operational costs while improving service quality. Additionally, intelligent routing powered by AI optimizes how queries are handled, ensuring the right resources are allocated efficiently. These advancements are reshaping customer service by delivering smarter, faster, and more personalized support, ultimately driving higher satisfaction and loyalty.

• Published: February 2025

Top Companies in Pen Needles Market - Embecta Corp. (US) and Novo Nordisk A/S (Denmark) are the Leading Players

The pen needles market is projected to reach USD 3.08 billion by 2030 from USD 1.81 billion in 2024 at a CAGR of 9.2% during the forecast period. As the global population increases, the demand for insulin administration devices, particularly pen needles, has shown substantial growth potential. Diabetes is a chronic condition that's characterized by high blood sugar, which has affected most of millions of people all over the world and that often make Type 1 and insulin-dependent Type 2 diabetes patients to require the regular intake of insulin to maintain their blood glucose levels at normal value. The International Diabetes Federation estimates that the world's population of diabetics can reach 783 million by 2045, thereby intensifying the need for an efficient insulin delivery solution. Pen needles are a crucial part of an insulin pen, as they authorize patients to infuse insulin accurately, without much pain, and, above all, more conveniently than a syringe. A number focus on easy-to-handle, patient-friendly needle designs, such as thinner gauges and shorter lengths, which increase patient convenience, compliance and usage. In addition, the availability of prefilled and disposable insulin pens combined with pen needles greatly helps ease diabetes management for the most elderly and those with arthritis or those with minimal dexterity. In this regard, new technology advancements, such as safety-engineered pen needles, contribute more towards apprehension against needle stick injuries and increase the compliance in healthcare settings.

• Published: February 2025

Top Companies in Dairy Testing Industry - Bureau Veritas (France), Eurofins Scientific (Luxembourg) and Intertek Group plc (UK)

The dairy testing market is estimated at USD 7.42 billion in 2025 and is projected to reach USD 11.05 billion by 2030, at a CAGR of 8.3% from 2025 to 2030. The dairy testing market is driven by several factors, which involve the increasing global demand for dairy products, and need the for-quality control and safety testing to be better. The strict regulatory requirements followed by the U.S. FDA and Europe's EFSA along with the high quality and safety standards of dairy products have resulted in the increase in testing.

• Published: February 2025

Roof Coating Companies - Akzo Nobel N.V. (The Netherlands) and The Sherwin-Williams Company (US) are Leading Players in the Roof Coating Market

The global roof coating market size is projected to grow from USD 8.72 billion in 2024 to USD 10.16 billion by 2029, at a CAGR of 3.1% during the forecast period.

• Published: February 2025

Top Companies in Quantum Key Distribution Industry - Toshiba (Japan), ID Quantique (Switzerland), QuintessenceLabs (Australia), MagiQ Technologies (US) and QuantumCTek (China)

The global Quantum Key Distribution (QKD) market size is projected to grow from USD 0.48 billion in 2024 to USD 2.63 billion by 2030 at a Compound Annual Growth Rate (CAGR) of 32.6% during the forecast period. Quantum Key Distribution (QKD) technology is mainly driven by the increasing demand for advanced security solutions to protect sensitive data from evolving cyber threats, including future quantum computer attacks. QKD offers unbreakable encryption by utilizing quantum mechanics principles, making it an attractive option for organizations in sectors such as banking, defense, and healthcare that require heightened security for critical communications. Additionally, the rise of digital transformation and cloud adoption further accelerates the need for secure key exchange methods, driving QKD adoption.

• Published: February 2025

Cochlear Ltd. (Australia) and Sonova (Switzerland) are Leading Players in the Cochlear Implants Market

At a compound annual growth rate (CAGR) of 9.2%, the cochlear implants market is projected to grow from its estimated USD 2.80 billion in 2024 to USD 4.73 billion by 2030. The market for cochlear implants is growing rapidly due to the rising prevalence of hearing loss problems and the rapid aging of the global population. Supporting factors like improved healthcare infrastructure, comprehensive insurance coverage and favorable reimbursement policies are driving the market's growth.

• Published: February 2025

Livestock Identification Companies - Merck & Co., Inc. (US) and Datamars (Switzerland), are the Key Players

The livestock identification market is projected to reach USD 2.78 billion by 2031 from USD 1.74 billion in 2025 at a CAGR of 8.1% during the forecast period.

• Published: February 2025

Top Companies in Smart Water Meters Industry - Badger Meter, Inc. (US), Sensus (Xylem), (US), Diehl Stiftung & Co. KG. (Germany) and Itron, Inc. (US)

The Smart water meters market is forecasted to reach USD 9.04 billion by 2030 from an estimated USD 4.61 billion in 2024, at a CAGR of 11.9% during the forecast period (2024-2030). The growth of smart water meters is attributed because of need for efficient water management, savings, and sustainability. Real-time meter usage gives utilities the advantage of reduced leaks, optimized billing, and improved allocation of resources. Consumers get an insight into water consumption patterns for conservation and lower bills. Regulatory mandates and increasing water scarcity further push adoption of smart water meters globally.

• Published: February 2025

Market Leadership - Temperature Monitoring Systems Market

The global temperature monitoring systems market is projected to reach USD 5.66 billion by 2030 from USD 4.15 billion in 2024, at a CAGR of 5.3% from 2024 to 2030. The growth in research and development investments, ongoing technological advancements, rising incidence of infectious and chronic diseases and improving healthcare reimbursement scenario. These key factors are encouraging the growth of temperature monitoring systems market globally.

• Published: February 2025

Water Treatment Chemicals Companies - Market Leaders in Water Treatment Chemicals Market

The water treatment chemicals market size is projected to grow from USD 38.37 billion in 2024 to USD 46.64 billion by 2029, registering a CAGR of 4.0% during the forecast period. The market for water treatment chemicals is rising globally due to their usage in end-use industries such as residential, commercial, and industrial sectors especially in emerging economies. Water treatment chemicals can be defined as defined as chemical compounds used in the water treatment process to remove impurities that cause corrosion, scales, high turbidity, and biological imbalance. These impurities can be metallic, organic, or non-organic in nature. Corrosion inhibitors, coagulants & flocculants, scale inhibitors, chelating agents, biocides & disinfectants, and pH adjusters are among the chemicals used to eliminate impurities from water.

• Published: February 2025

Top Companies in Encryption as a Service Industry - AWS (US), Cisco (US), HashiCorp (US), Google (US) and Box (US)

The global encryption as a service market size is projected to grow from USD 1.57 billion in 2024 to USD 5.98 billion by 2030 at a Compound Annual Growth Rate (CAGR) of 24.9% during the forecast period. The encryption as a service market is influenced by the increasing adoption of cloud and rising threats in terms of critical data loss. As the operations of organizations shift to cloud environments, such threats increase with regards to data breaches and unauthorized access, hence creating a need for robust encryption solutions to protect sensitive information as well as ensure data privacy and integrity. Major cloud service providers such as AWS and Cisco offer integrated encryption capabilities, making it easy to adopt, which drives the expansion of the market. In addition to this, a significant increase in cyber threats along with cases of data loss has increased business awareness about the severe implications of financial and reputational blow-out risks due to data breaches.

• Published: February 2025

Cultured Marble Companies - LX Hausys Ltd. (South Korea) and Lotte Chemical Corporation (South Korea) are Leading Players in the Cultured Marble Market

The cultured marble market exhibits high growth potential and is projected to reach a market size of USD 6.25 billion by 2029 from USD 4.73 billion in 2024, at a CAGR of 5.8%. Asia Pacific is the largest s cultured marble market that is projected to register the highest CAGR during the forecasted period. This high growth is due to the growing demand from the countertops, vanities, bathtubs and flooring applications.

• Published: February 2025

Top Companies in EV Battery Industry - Contemporary Amperex Technology Co., Limited (China), BYD Company Ltd. (China), LG Energy Solution Ltd. (South Korea), CALB (China), and SK Innovation Co., Ltd. (South Korea)

The EV battery market is predicted to reach from USD 91.93 billion in 2024 to USD 251.33 billion in 2035 at a CAGR of 9.6%. The EV battery market is experiencing rapid growth due to several key factors. Increasing consumer demand for sustainable transportation options and the push for zero-emission vehicles are driving significant interest in EVs. Technological advancements, particularly in lithium-ion and solid-state batteries, are improving energy density, reducing costs, and enhancing charging speeds, making electric vehicles more attractive to consumers. Additionally, supportive government policies and incentives aimed at promoting electric mobility further bolster market expansion.

• Published: February 2025

Fiber Optic Components Companies - Coherent Corporation (US) and Broadcom Inc. (US) are the Key Players

The global fiber optic components market is expected to grow from USD 36.69 billion in 2025 to USD 58.65 billion by 2030, growing at a CAGR of 9.8% from 2025 to 2030.

• Published: February 2025

Pharmaceutical Contract Manufacturing: A Comprehensive Guide to Outsourcing Drug Production

What is Pharmaceutical Contract Manufacturing?

Pharmaceutical contract manufacturing is when pharmaceutical companies outsource drug production to specialized third-party manufacturers. These contract manufacturers, known as Contract Manufacturing Organizations (CMOs), provide comprehensive services ranging from drug formulation and production to packaging and distribution. This model allows pharmaceutical companies to leverage the expertise, infrastructure, and technology of CMOs without investing heavily in manufacturing facilities.

Contract manufacturing is widely used in the pharmaceutical industry, particularly by small and mid-sized firms that lack the resources to establish and maintain their production units. Even large pharmaceutical companies engage CMOs to optimize their supply chain, reduce costs, and accelerate time-to-market for new drugs.

With the increasing complexity of drug formulations, regulatory requirements, and demand for cost efficiency, pharmaceutical contract manufacturing has emerged as a strategic solution for companies focusing on research, development, and marketing while outsourcing production activities.

• Published: February 2025

Drug Discovery: Process, Growth and Future

What is Drug Discovery?

Drug discovery is the process of identifying new medications to treat diseases. It combines scientific research, experimentation, and technological advancements to develop effective and safe pharmaceutical compounds. This process plays a critical role in modern medicine by enabling the creation of drugs that target specific diseases, improve patient outcomes, and enhance quality of life.

The field of drug discovery has evolved significantly over the years, transitioning from traditional herbal remedies to advanced techniques involving artificial intelligence, high-throughput screening, and molecular biology. With increasing healthcare demands, drug discovery remains at the forefront of scientific innovation, shaping the future of medical treatments.

• Published: February 2025