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Market Leaders - COVID-19 Impact on Homeland Security Management Market

Post COVID-19, the size of the global homeland security management market under realistic scenario is expected to grow from USD 1,035 billion in 2020 to USD 1,081 billion by 2025, at a CAGR of 0.9% from 2020 to 2025. In the long term, the rise in demand for AI-based solutions for homeland security management is anticipated to drive the growth of the market during the forecast period. However, delay in financial decision making and limited public funding by various countries across the globe are the immediate challenges in front of each nation.

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April 29, 2020

Smith & Nephew (UK) and B. Braun Melsungen AG (Germany) are the Leading Players in the Wound Debridement Market

The wound debridement market is projected to reach USD 1,162 million by 2025 from USD 822 million in 2020, at a CAGR of 7.2%. Market growth is driven by the high prevalence of diabetes and associated wounds, increasing incidence of burns, and awareness programs. Emerging countries such as China and India provide growth opportunities for players in the market during the forecast period. However, the high cost of products is expected to hamper market growth to a certain extent in the coming years....... Read More
April 29, 2020

Henkel (Germany) and Ethicon, Inc. (Johnson & Johnson Services) (US) are leading players in COVID-19 Impact on Adhesives & Sealants Market

Post COVID-19, the global adhesives & sealants market size is projected to reach USD 66.8 billion in 2021 from USD 63.5 billion in 2019, growing at a CARG of 2.6%, between 2019-2021. The growth of the medical devices, & personal protective equipment market, personal hygiene products, and the increasing use of single-use disposable medical products are expected to impact the demand for medical & hygiene adhesives positively.

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April 28, 2020

Market Leadership - COVID-19 Impact on Battery Energy Storage Market

The global battery energy storage market size is projected to grow from USD 5.7 billion in 2020 to USD 7.3 billion by 2021, at a CAGR of 13.7% during the forecast period. The major factors driving the growth of the battery energy storage industry include the growing need for continuous power from critical infrastructure sectors and the rising need to integrate increasing renewable energy sources and rural electrification.

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April 28, 2020

Market Leader - COVID-19 Impact on Lubricants Market

The global lubricants market size is projected to decrease in 2020 from 2019, at a negative growth of 0.95%, in terms of value. COVID-19 has negative impacts on industrial production and vehicles on road, which is expected to decrease the demand for lubricants in 2020. The demand in countries such as China, India, Japan, and the US is expected to decline from both the transport and the industrial sectors....... Read More
April 28, 2020

Market Leader - COVID-19 Impact on the Feed Market

The global animal feed market is projected to be valued at USD 289.0 billion in 2022. The increasing awareness among livestock breeders and farmers about the health of animals has led to an increase in demand for feed additives and ingredients, such as amino acids, phytogenic, vitamins & minerals, commodity ingredients, and others.

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April 28, 2020

AMAZON WEB SERVICES (AWS) (US) and Cisco (US) are Leading Players in the COVID-19 Impact on Cloud Computing Market

The impact of COVID-19 on the global cloud market size is expected to grow from USD 233 billion in 2019 to USD 295 billion by 2021, at a Compound Annual Growth Rate (CAGR) of 12.5% during the forecast period. Enterprises’ need to support remote workforce to induce investment in IT infrastructure for hyperscalers, cloud service providers (CSPs), internet service providers (ISPs), and managed hosting providers is one of the major factors driving the market growth. The rise in demand for cloud-based business continuity tools and services and suitability of public cloud environments best suited for the current unprecedented scenario are other parameters driving growth.

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April 27, 2020

COVID-19 Impact on Airport Operations Companies - FLIR Systems, Inc. and Honeywell (US) are the Key Players

Post COVID-19, the size of the global airport operations market is expected to grow from USD 8.5 billion in 2020 to USD 14.5 billion by 2025, at a CAGR of 11.0% from 2020 to 2025. For the forecast period, the rise in demand for smart passenger screening and management systems at airports is anticipated to drive the growth of the market. However, in the short term, the market is expected to suffer losses, with a decline rate of 12.4% from 2020 to 2021 owing to temporary travel bans by various countries across the globe.

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April 27, 2020

New Product Launches and Expansions are some of the Dominant Strategies that are Adopted by Major Players to Strengthen their Presence in the Sugar Decorations & Inclusions Market

The global sugar decorations & inclusions market size is projected to grow from USD 1.5 billion in 2020 to USD 2.1 billion by 2025, recording a compound annual growth rate (CAGR) of 6.3% during the forecast period. Sugar decorations and inclusions are the key ingredients that attract customers toward various desserts and bakery products, due to which they are projected to witness significant growth in the global food industry. The increasing demand for textured and decorated baked foods and the growth of bakery and confectionery sectors across regions are some of the major factors that are projected to drive the growth of the sugar decorations & inclusions market. In addition, the increasing demand for bakery products in various economies across regions is a key factor that is projected to drive the market growth....... Read More
April 27, 2020

Market Leader - COVID-19 Impact on Composites Market

Composites are used in a variety of end-use industries, including aerospace & defense, transportation, wind energy, marine, pipes & tanks, construction & infrastructure, and electrical & electronics. Led by strong end-user demand, the composites market is expected to grow at a rapid pace. However, amidst the global COVID-19 pandemic, the demand for composites from the aforementioned industries is expected to show a sharp decline. The global composites market size is expected to decline from USD 90.6 billion in 2019 to USD 82.9 billion by 2021, projecting a negative CAGR of 4.4% between 2019 and 2021....... Read More
April 27, 2020

AWS (US) and Microsoft (US) are IoT Cloud Platform Market

MarketsandMarkets forecasts the global Internet of Things (IoT) cloud platform market size to grow from USD 6.4 billion in 2020 to USD 11.5 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 12.6% during the forecast period. Major factors expected to drive the growth of the IoT cloud platform market include the proliferation of IoT-enabled devices, need to increase operational efficiency, rapidly decreasing costs of IoT-based sensors connectivity hardware, and emergence of Internet Protocol version 6 (IPv6).

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April 27, 2020

Oracle (US), IBM (US) and SAS Institute (US) are Leading Players in the COVID-19 Impact on Analytics Market

The COVID-19 impact on the analytics market size is expected to grow from USD 25.4 billion in 2019 to USD 33.8 billion by 2021, at a Compound Annual Growth Rate (CAGR) of 15.5% during the forecast period. The major factors driving the growth of COVID-19 impact on the analytics industry include increasing demand for digital transformation, increased investments in analytics, growing demand for remote services and location data, and increasing need for real-time information to track and monitor the COVID-19 spread.

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April 24, 2020

SABIC (Saudi Arabia) and Celanese (US) are the Major Players in the COVID-19 Impact On Medical Plastics Market

The global medical plastics market size during this pandemic is projected to grow from USD 25.1 billion in 2020 to USD 29.4 billion by 2021, at a Compound Annual Growth Rate (CAGR) of 17.2% during the forecast period. The major drivers for the medical plastics industry include the growing demand from OEMs and medical device/equipment manufacturers for the production of critical care systems such as ventilators, thermal scanners, respirators, and so on....... Read More
April 24, 2020

Market Leadership - COVID-19 Impact on EV and EV Infrastructure Market

Post COVID-19, the global electric vehicle and electric vehicle infrastructure market is projected to reach 4.18 million units by 2021 from an estimated 3.42 million units in 2020, at a CAGR of 22.1%. The projection for 2021 is expected to be down by 34% as compared to pre-COVID estimation.

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April 24, 2020

Market Leaders - Covid-19 Impact On Cybersecurity Market

The global impact of COVID-19 on cybersecurity market size is expected to grow from USD 183.2 billion in 2019 to USD 230 billion by 2021, at a Compound Annual Growth Rate (CAGR) of 12% during the forecast period. The market growth can be attributed to increasing focus on cybersecurity-driven business continuity plans to provide optimized security to customer data and operations that are being handled by the companies. Increasing focus on cybersecurity as a key business imperative and not just as a support function is expected to further drive the market with a higher wallet share for security policies and infrastructure.

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April 23, 2020

Market Leader - COVID-19 Impact on Renewable Energy Market

The global renewable energy market is projected to grow from a size of USD 184.3 billion in 2020 to USD 226.1 billion by 2021 and at a CAGR of 22.7%. The contraction in oil consumption due to COVID-19 is expected to drive the renewable energy industry during the forecast period of 2019–2021. The global pandemic is affecting a wide range of energy markets, including coal, gas, and renewables. But its impact on oil markets is particularly severe because of partial and complete lockdowns, which are restraining the movement of goods and people, creating a heavy blow to the demand for transport fuels....... Read More
April 23, 2020

Smart Retail Companies - IBM (New York, US), Intel Corporation (California, US), are the Key Players

The global smart retail market is estimated to grow from USD 21.6 billion in 2020 to USD 62.5 billion by 2025; growing at a CAGR of 23.6%. The key factors fueling the growth of this market are the increasing use of robots and automation to offer shopping convenience to customers and changing customer expectations leading to the increased use of smart technologies by retailers.

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April 23, 2020

VRF System Companies - Daikin (Japan) and Toshiba (Japan) are the Leading Manufacturers

A VRF system is an air-conditioning system that consists of an outdoor unit (composing 1 or multiple compressors), multiple indoor units, and control systems and accessories. Variable refrigerant flow refers to the system’s ability to control the amount of refrigerant flowing to multiple evaporators (indoor units), enabling the use of many evaporators of differing capacities and configurations connected to a single condensing unit.

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April 22, 2020

IBM (US) and Royal Phillips (Netherlands) are Leading Players in the Covid-19 Impact on Internet of Things (IoT) Market

The global impact of COVID-19 on Internet Of Things market size is expected to grow from USD 150 billion in 2019 to USD 243 billion by 2021, at a Compound Annual Growth Rate (CAGR) of 13.7% during the forecast period. The major factors driving the market growth include increasing focus on remote monitoring for “work from home” initiative, increasing adoption of smart payment technologies to minimize human contact involved in cash payments, and growing demand for wearable devices.

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April 22, 2020

Impossible Foods (US) and Beyond Meat (US) are the Key Players in the COVID-19 Impact on the Plant-Based Meat Market

The global plant-based meat market size is projected to grow from USD 3.6 billion in 2020 to USD 4.2 billion by 2021 by value, recording a compound annual growth rate (CAGR) of 17.0% in the realistic scenario during the forecast period. The fear of an increasing number of animal-borne illnesses such as COVID-19 among consumers, rising vegan population, and consumers awareness regarding nutritional benefits offered by plant-based sources of meat are the factors that are projected to drive the growth of the plant-based meat industry. Furthermore, consumers are shifting toward plant-based proteins and healthier lifestyles, which is also expected to drive the market growth....... Read More
April 22, 2020

Market Leaders - COVID-19 Impact on Ride Sharing Market

Post COVID-19, the global ride sharing market size is projected to grow from USD 75.39 billion in 2020 to USD 117.34 billion by 2021, at a Y-O-Y of 55.6% during the forecast period. The projection for 2021 is estimated to be down by 2% as compared to pre-COVID-19 estimation.

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April 22, 2020

Market Leadership - COVID-19 Impact on 5G Infrastructure Market

Post COVID-19, the 5G Infrastructure market is estimated to grow from USD 12.6 billion in 2020 and projected to reach USD 44.9 billion by 2025, at a CAGR of 28.97%. The projection for 2025 is estimated to be down by 22.79% as compared to pre COVID-19 estimation. The major factors driving the growth of the global 5G infrastructure market is the need for high data transfer speed with low latency, increasing adoption of IoT devices, rising implementation of automation technologies across the end-user industries, and exponential rise in data traffic.

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April 21, 2020

Emerson Electric Co. and ABB Ltd. are Leading Players in the COVID-19 Impact on Smart Manufacturing Market

Post COVID-19, the global smart manufacturing market size is estimated to grow from USD 181.3 billion in 2020 and projected to reach USD  220.4  billion by 2025, at a CAGR of 4.0%. The estimation for 2020 is down by ~16% as compared to the pre-COVID-19 estimate.

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April 21, 2020

Salesforce (US) and Appian (US) are the Key Players in the Low-Code Development Platform Market

The low-code development platform market is projected to grow from USD 13.2 billion in 2020 to USD 45.5 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 28.1% during the forecast period. The increasing need of digitalization and maturity of agile DevOps practices are expected to enhance the use of low-code development platform market across the globe....... Read More
April 21, 2020

Market Leadership - COVID-19 Impact on Industrial Robotics Market

Post COVID-19, the global traditional industrial robotics market size is projected to grow from USD 44.6 billion in 2020 to USD 73.0 billion by 2025 and is expected to grow at a CAGR of 10.4% from 2020 to 2025. The projection for 2025 is estimated to be down by ~3% as compared to pre-COVID-19 estimation.

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April 20, 2020

Market Leadership - COVID-19 Impact on Smart Lighting Market

Post COVID-19, the global smart lighting market size is estimated to grow from USD 9.4 billion in 2020 and projected to reach USD 24.2 billion by 2025, at a CAGR of 20.9%. The projection for 2025 is estimated to be down by 21% as compared to pre-COVID-19 estimation.

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April 20, 2020

Acelity L.P. Inc. (US) and Acelity L.P. Inc. (US) are Leading Players in the Negative Pressure Wound Therapy (NPWT) Market

The global NPWT devices market is projected to reach USD 3.2 billion by 2025 from USD 2.4 billion in 2020, at a CAGR of 6.1%. The rising prevalence of diabetes, increasing spending on chronic and surgical wounds, government initiatives to prevent SSIs, and the high rate of cesarean sections in elderly mothers are the major factors driving the growth of the NPWT devices market. Also, emerging markets and the increasing sale of disposables and single-use consumables, are expected to offer growth opportunities for players operating in the NPWT devices market.

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April 16, 2020

Danaher Corporation (US) and Merck KGaA (Germany) are the Major Players in the Depth Filtration Market

The global depth filtration market is estimated to grow from USD 1.7 billion in 2019 to USD 2.9 billion by 2025, at a CAGR of 9.0% during the forecast period. The growth of this market is largely driven by factors such as increasing adoption of single-use technologies, focus on developing large-molecule biopharmaceuticals, and advantages such as low cost and ease of use are driving the adoption of depth filters. However, the requirement of high capital investments for setting up production facilities is expected to hamper the growth of the depth filtration market....... Read More
April 15, 2020

Monaghan Mushrooms (Ireland) and Walsh Mushrooms Group (Ireland) are the Key Players in the Mushroom Cultivation Market

The mushroom cultivation market is estimated to account for a value of USD 16.7 billion in 2020 and is projected to grow at a CAGR of 4.0% from 2020, to reach a value of USD 20.4 billion by 2025. The global mushroom cultivation market is projected to witness significant growth due to factors such as the multiple health benefits of mushrooms, increasing per capita mushroom consumption, cost-effective production and rising demand for vegan and natural food in the diet and increasing health-conscious population across the globe....... Read More
April 15, 2020

Expansion, Product Launches, and Acquisitions are the Key Development Strategies Adopted by the Leading Players for the Growth of the Global Phenolic Panel Market

Phenolic panels are used in the interior, exterior, furniture, and various other applications of end-use industries, such as construction, marine, aerospace & defense, and transportation, to name a few. The main purpose of these phenolic panels is to offer fire-resistance and moisture-resistance properties. For instance, phenolic panels are used in the exterior cladding, partitions, cubicles, and other applications to prevent fire accidents. The global phenolic panel market size was USD 1.7 billion in 2020 and is projected to reach 2.4 billion by 2025, registering a growth of 6.5%....... Read More
April 14, 2020

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