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Track Geometry Measurement System Companies - ENSCO (US) and Fugro (Netherlands) are the Key PlayersThe track geometry measurement system (TGMS) ensures rail safety by employing various measuring equipment to record railway track geometry conditions. The system is a combination of hardware and software components that derive track geometry parameters. The TGMS market is expected to be valued at USD 2.8 billion in 2019 and is likely to reach USD 3.7 billion by 2024, at a CAGR of 6.00% during the forecast period. Presence of various standards and regulations in the railway industry and need for track geometry measurement systems to meet those standards are among the key driving factors for the TGMS market. Adopting track geometry measurement systems for track maintenance and growing network of metro lines and high-speed railway lines are among the other factors fueling the growth of the TGMS market. ...... Read More |
January 28, 2019 |
3M (US) and Huntsman International LLC. (US) are the two Major Players in the Aerospace Adhesives & Sealants Market.The aerospace adhesives & sealants market size is estimated at USD 775 million in 2018 and is projected to reach USD 1,008 million by 2023, at a CAGR of 5.4%. The demand for aerospace adhesives & sealants is driven by the focus of OEMs to manufacture lightweight and fuel-efficient aircraft. Moreover, the growth of the aerospace industry due to the increasing air traffic in the emerging economies is driving the demand for aerospace adhesives & sealants....... Read More |
January 28, 2019 |
Adobe (US) and Google (US) are leading players in Marketing Attribution Software MarketThe global marketing attribution software market size is expected to grow from USD 1.8 billion in 2018 to USD 3.6 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 14.4% during the forecast period. The major factors driving the growth of the marketing attribution software market are rising need to optimize marketing spend and effective tracking of customer behavior for targeted marketing activities. ...... Read More |
January 25, 2019 |
Load Monitoring System Companies - Flintec (Sweden) and Mettler Toldo (Switzerland) are the Key PlayersA load monitoring system is a combination of load cells, load indicators and controllers, and data logging software that helps monitoring strain or compression in various industries such as marine, construction, automotive, food & beverages, healthcare, aerospace, and agriculture. The types of load cells used for load monitoring includes single beam, S-type, dual shear, bending beam, compression, load link, load pin, and load shackle. Load monitoring system uses either analog or digital technology. The growth of the market is mainly attributed to the growing demand for load cells in the healthcare industry, increasing use of load monitoring system for testing and monitoring aircraft parts and reduce instrumental errors, and rising demand for remote load monitoring. The load monitoring system market is expected to reach USD 3.33 billion by 2024 from USD 2.63 billion by 2018, at a CAGR of 4.0% during 2018–2024. Spectris (UK), Mettler Toledo (Switzerland), and Precia Molen (France) are the leading players in the load monitoring system market. ...... Read More |
January 24, 2019 |
Linear Motion Companies - THK Co., Ltd. (Japan) and NSK Ltd. (Japan)are the Key PlayersThe linear motion market is expected to reach USD 4.4 billion by 2024 from USD 3.2 billion by 2018, at a CAGR of 5.3%. Major factors driving the market growth are increasing need for quality inspection and automation, reduced time-to-market, and growing demand for the miniaturization of electronic devices in the semiconductor industry. ...... Read More |
January 24, 2019 |
New Product Launches & Developments was the Most Preferred Development Strategy Adopted by Companies to Strengthen their Presence in the Low GWP Refrigerants MarketThe low GWP refrigerants market size is expected to grow from USD 16.5 billion in 2018 to USD 28.7 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 11.7% during the forecast period. The major factors driving the low GWP refrigerants market are the low environmental impact of low GWP refrigerants, phasing out of CFC, HCFC, and HFC refrigerants, and the increasing demand for refrigerants and air conditioners across the globe....... Read More |
January 24, 2019 |
Smart Pneumatics Companies - Emerson Electric Co. (US) and Festo AG & Co. KG (Germany) are the Key PlayersPneumatics is a well-established technology that is preferred for a wide variety of applications owing to its inherent simplicity, reliability, and safety. With the increasing popularity of Industry 4.0, pneumatic systems manufacturers are leveraging IoT to build smart systems. Smart pneumatics can be defined as any pneumatic equipment that incorporates sensors and communications technology to provide operational feedback to controller units. The global smart pneumatics market was valued at USD 3.3 billion in 2018 and is projected to reach USD 4.6 billion by 2023, at a CAGR of 6.7% from 2018 to 2023. Factors such as growing awareness toward predictive maintenance, penetration of digitization and IIoT, and need for wireless infrastructure to maintain/monitor equipment in plants are driving the growth of the smart pneumatics market. ...... Read More |
January 23, 2019 |
New product launches and expansions were the most preferred development strategies followed by companies to strengthen their presence in the Sensor Bearing MarketThe sensor bearing market size is expected to grow from USD 5.1 billion in 2018 to USD 6.5 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period. The major factors driving the sensor bearing market are the increasing demand for sensor bearings from end-use industries, such as automotive and transportation, and the enforcement of stringent regulations related to the mandatory installation of ABS systems in cars in various Asia Pacific and European countries. ...... Read More |
January 22, 2019 |
Display Driver Companies - ADT (US) and Moni (US) are the Key PlayersThe display driver market is estimated to grow from USD 7.1 billion in 2018 to USD 9.1 billion by 2023, at a CAGR of 5.1% between 2018 and 2023. The market is growing due to the increasing demand for OLED and flexible displays, adoption of highly priced and advanced display drivers, and growth in automotive display market. Growth in the use of 4K and 8K televisions and availability of UHD content; and evolving role of DDICs in individual components and single integration chips also drive the growth of the market for display driver ICs. ...... Read More |
January 15, 2019 |
Key players adopted growth strengthen their product portfolios and maintain a competitive position in the Back-end Revenue Cycle Management MarketThe back-end revenue cycle management market is projected to reach USD 10.4 billion by 2023 from USD 8.1 billion in 2018, at a CAGR of 5.0%. Factors such as the growing importance of denials management, increasing patient volume, process improvements in healthcare organizations, and declining reimbursement rates are driving the growth of the back-end revenue cycle management market. Also, growth opportunities in emerging markets, cloud-based solutions, artificial intelligence in health insurance, and rising adoptions of EHR’s may act as an important boosting factor for the exponential growth of back-end revenue cycle management market. On the other hand, the high cost of deployment, integration of back-end revenue cycle management solutions, data breaches and loss of confidentiality, and lack of skilled IT professionals in healthcare are the key factors that are expected to restrain market growth to a certain extent during the forecast year. ...... Read More |
January 14, 2019 |
CyberArk (US) are Oracle (US) are leading players in Digital Vault MarketThe global digital vault market size is expected to grow from approximately USD 471 million in 2018 to USD 892 million by 2023, at a Compound Annual Growth Rate (CAGR) of 13.6% during the forecast period. The regulatory requirements to protect sensitive data and rising adoption of connected devices, which spur the demand for data security capabilities, are major growth factors for the digital vault market. ...... Read More |
January 14, 2019 |
New product launches, acquisitions, and partnerships, to expand their product portfolios and grow further in the End User Experience Monitoring MarketThe global End User Experience Monitoring (EUEM) market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 20.7% during the forecast period, to reach USD 3.7 billion by 2023 from USD 1.5 billion in 2018. Increased productivity, reduced time and costs, and enhanced focus on end user experience are expected to spur the demand for EUEM offerings across the globe. ...... Read More |
January 14, 2019 |
Hybrid Fiber Coaxial Companies - Arris (US) and Huawei (China)are the Key PlayersThe hybrid fiber coaxial market (HFC) is expected to grow from USD 9.6 billion in 2018 to USD 13.6 billion by 2023, at a CAGR of 8.02% during 2018–2023. The market has been segmented based on technology, component, and geography. ...... Read More |
January 14, 2019 |
Market Leader - Road Marking Materials MarketThe road marking materials market is projected to grow from USD 6.1 billion in 2020 to USD 7.5 billion by 2025, at a CAGR of 4.4% from 2020 to 2025. The major reasons for the growth of the road marking materials market include increased spending on safer roads, and new infrastructure and roadway projects in emerging economies. These factors are responsible for driving the demand for road marking materials market....... Read More |
January 11, 2019 |
New product launches, product enhancement, and collaborations were the widely adopted strategy by the major players from 2016 to 2018 in High Performance Computing as a Service MarketThe High Performance Computing as a Service (HPCaaS) market is projected to reach USD 10.0 billion by 2023 from USD 5.7 billion in 2018, at a CAGR of 11.9% during the forecast period. Market growth is largely driven by factors such as the faster deployment of new products and services, access to better technologies, and reduced capital costs. ...... Read More |
January 11, 2019 |
Players adopted various growth strategies, such as partnerships, agreements, and collaborations and new product launches, to further expand their presence in the IoT in Education MarketThe global IoT in education market size is expected to grow from USD 4.8 billion in 2018 to USD 11.3 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 18.8% during the forecast period. Major growth factors for the IoT in education market include an increasing use of connected devices in education institutions, rapid adoption of eLearning, and availability of cloud-based solution. ...... Read More |
January 10, 2019 |
Automatic Weapons Companies - General Dynamics Corporation (US) Corporation and Northrop Grumman Corporation an are the Key PlayersThe automatic weapons market is expected to grow from an estimated USD 6.0 billion in 2018 to USD 8.7 billion by 2023, at a CAGR of 7.82% during the forecast period. General Dynamics Corporation (US), Northrop Grumman (US), Rheinmetall AG (Germany), ST Engineering (Singapore), and KBP Instrument Design Bureau (Russia), among others, are the key players in the automatic weapons market. These companies are expected to continue to lead the market during the forecast period. ...... Read More |
January 10, 2019 |
Straumann AG (Switzerland), Geistlich Pharma AG (Switzerland), Zimmer Biomet Holdings, Inc. (US), Danaher Corporation (US), Dentsply Sirona, Inc. (US), Royal DSM (Netherlands), Carpenter Technology Corporation (US), Kuraray Co., Ltd (Japan) are the leading players in Dental Biomaterial MarketThe global dental biomaterials market is projected to reach USD 9.6 billion by 2023 from USD 6.7 billion in 2018, at a CAGR of 7.4%. The increasing prevalence of dental disorders, rising geriatric population, growing dental tourism in developing countries, and increasing disposable income are the major factors driving the growth of this market. On the other hand, stringent regulatory and clinical processes are expected to restrain market growth to a certain extent. ...... Read More |
January 10, 2019 |
New Product Launches and Expansions were the Most Preferred Development Strategies Followed by Companies to Strengthen their Presence in the Transcritical CO2 Systems Market.The transcritical CO2 systems market size is expected to grow from USD 27.2 billion in 2018 to USD 61.8 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 17.9% during the forecast period. The major driving factors for the transcritical CO2 systems market are low environmental impact of transcritical CO2 systems, phasing out CFC, HCFC, and HFC refrigerants, increasing demand for refrigeration and air-conditioning applications and lower operating cost of transcritical CO2 refrigeration systems....... Read More |
January 9, 2019 |
Market Leader - Livestock Grow Lights MarketThe global livestock grow lights market size is projected to grow from USD 6.3 billion in 2018 to USD 8.6 billion by 2023, at a CAGR of 6.4% during the forecast period. Increasing consumption of animal-based products and rising focus on livestock productivity as well as livestock welfare are projected to drive the market for grow lights. ...... Read More |
January 9, 2019 |
Terrestrial Laser Scanning Companies - 3D Digital Corporation (US), Carl Zeiss Optotechnik (Germany) are the Key Players
The terrestrial laser scanning market size is expected to grow from USD 3.0 billion in 2018 to USD 4.4 billion by 2023, at a CAGR of 8.17% during the forecast period. Increasing demand for surveys and 3D laser scanning for BIM applications in Asia Pacific and the Middle East is one of the major factors driving this market. Major Terrestrial Laser Scanning Companies Include:
These players have adopted various growth strategies, such as acquisitions, new product launches, and collaborations, to expand their presence in the terrestrial laser scanning market. Partnerships and new product launches have been the leading strategies adopted by major players from 2016 to 2018, which helped them innovate their offerings and expand their customer bases. ...... Read More |
January 9, 2019 |
IBM (US) and Google (US) are leading players in Data Classification MarketMarketsandMarkets expects the global data classification market to grow from USD 536 million in 2018 to USD 1,661 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 25.4% during forecast period. Regulatory compliance, growth in uncontrolled data volumes, and increased security risks are expected to drive the data classification market. ...... Read More |
January 9, 2019 |
Market Leadership - Substrate-Like PCB MarketThe global substrate-like PCB market is expected to grow from USD 1.1 billion in 2018 to USD 2.6 billion by 2024, at a compound annual growth rate (CAGR) of 15.6% during the forecast period. Major factors driving the growth of the substrate like PCB market are high adoption of SLPs by leading OEMs and surge in demand for smart consumer electronics and wearable devices. ...... Read More |
January 9, 2019 |
SABIC (Saudi Arabia) and Victrex (UK) are the Leading Players in the Aerospace Plastics MarketThe aerospace plastics market is projected to grow from USD 14.7 billion in 2018 to USD 20.7 billion by 2023 at a CAGR of 7.1% from 2018 to 2023. The growth of the aerospace plastics market can be attributed to the increasing demand for lightweight and more efficient aircraft, increase in passenger transportation due to affordable carriers in emerging regions, replacement of old aircraft and modernization of existing aircrafts, and growth of the aviation industry in developing economies....... Read More |
January 9, 2019 |
Verisk 3E Company (US) and Enviance (US) are leading Players in Product Stewardship MarketThe product stewardship market is projected to grow from USD 777 million in 2018 to USD 1,143 million by 2023, at a Compound Annual Growth Rate (CAGR) of 8.0% from 2018 to 2023. The major factors driving the growth of the product stewardship market are growing awareness among organizations to ensure health and safety of their employees and environment protection, increasing requirement of enterprises to publicize their environmental, health, and safety initiatives, and complying with various environmental regulations and government guidelines. ...... Read More |
January 9, 2019 |
Sekisui Plastics Co., Ltd. (Japan) and NOVA Chemicals Corporation (Canada) are the Key Players in the Specialty Polystyrene Resin MarketThe specialty polystyrene resin market size is projected to grow from USD 111 million in 2018 to USD 126 million by 2023, at a CAGR of 2.64% during the forecast period. The major driving factors in the specialty polystyrene resin market are its properties such as protection (from moisture, rust, dust, and others) in applications, such as packaging, healthcare, and cosmetics and insulation properties in the building & construction and automotive & transportation industries....... Read More |
January 8, 2019 |
AWS(US) and IBM(US) are the Major Players in the Cloud Datawarehouse MarketThe global Cloud Data Warehouse Market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 22.3% during the forecast period, to reach USD 12.9 billion by 2026 from USD 4.7 billion in 2021. Key factors that are expected to drive the growth of the market are the increasing role of business intelligence and data analytics in the enterprise management, growing dependence on data-driven decision-making to improve business performance, and requirement of regulatory governance and security....... Read More |
January 8, 2019 |
BASF (Germany) and DowDuPont (US) are the Key Players in the Wearable Materials MarketThe market size for wearable materials is estimated at USD 1.5 billion in 2018 and is projected to reach USD 2.9 billion by 2023, at a CAGR of 15.0% between 2018 and 2023. Increasing demand for low-cost wearables, rise in chronic health conditions, and increasing disposable income is expected to drive the demand for wearable materials during the forecast period. ...... Read More |
January 8, 2019 |
Hisamitsu Pharmaceuticals, Mylan and Novartis are leading players in Transdermal Drug Delivery Systems MarketThe transdermal drug delivery systems market is projected to reach USD 7.1 billion by 2023 from an estimated USD 5.7 billion in 2018, at a CAGR of 4.5% during the forecast period of 2018 to 2023. Market growth is largely driven by the global increase in the prevalence of chronic diseases. In addition, technological advancements in transdermal drug delivery systems are also expected to support market growth in the coming years. ...... Read More |
January 8, 2019 |
Market Leader - Microgrid Control System MarketThe global microgrid control system market is expected to grow from an estimated USD 2.0 billion in 2018 to USD 3.6 billion by 2023, at a CAGR of 13.01%. Factors such as increasing demand for reliable and resilient power supply worldwide, increasing government investments in microgrid projects and growing adoption of renewable resources are driving the microgrid control system market. ...... Read More |
January 7, 2019 |
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