Home › Research Insight

Research Insight

Title	Date
SACHEM Inc. (US) and Tokyo Chemical Industry Co., Ltd. (Japan) are the Leading Players in the Phase Transfer Catalyst Market The global phase transfer catalyst market is estimated to be USD 960 million in 2018 and is projected to reach USD 1,232 million by 2023, at a CAGR of 5.1%. This growth is mainly attributed to the high demand from the pharmaceutical and agrochemical end-use industries for green chemistry compounds for chemical synthesis....... Read More	February 6, 2019
Fire Control System Companies - Elbit Systems Ltd (Israel) and Rheinmetall AG (Germany) are the Key Players The global fire control system market is projected to grow from USD 5.9 billion in 2018 to USD 7.3 billion by 2023, at a CAGR of 4.37% from 2018 to 2023. Some of the factors that are expected to fuel the growth of the fire control system market are the rising demand for precision weapon systems, advancements in automatic weapon systems, and ongoing military modernization programs worldwide. ...... Read More	February 5, 2019
Johnson & Johnson (Ethicon) and Medtronic (Covidien) are the Major Player in the Specimen Retrieval Market The specimen retrieval systems market is expected to reach USD 290 million by 2024 from USD 230 million in 2019, at a CAGR of 4.7%. Growth in this market is mainly driven by the increasing prevalence of diseases requiring surgical treatment and the removal of specimens from the body, especially laparoscopic procedures. However, the high cost of specimen retrieval systems is a major restraint for this market, particularly in emerging countries. ...... Read More	February 5, 2019
ExxonMobil Corporation (US) and Fuchs Group (Germany) are the Key Players in the Compressor Oil Market The compressor oil market size is estimated to be USD 10.1 billion in 2018 and is projected to reach USD 13.2 billion by 2023, at a CAGR of 5.6% between 2018 and 2023. Industrial growth in growing regions such as APAC and the Middle East & Africa coupled with rising automation in various end-use industries is expected to drive the demand for compressor oil during the forecast period. However, technological advancements and oil rejuvenation act as restraining factors for growth of the compressor oil market....... Read More	February 5, 2019
Siemens (Germany) and Schneider Electric (France) are the Major Players in the Low Voltage Protection and Control Market The global low voltage protection and control market is expected to grow from an estimated USD 13.2 billion in 2018 to USD 19.8 billion by 2025, at a CAGR of 5.97%. The growth of this market is driven by the increasing demand for renewable energy sources, growing per capita consumption of energy, and demand for safe and secure electrical systems....... Read More	February 4, 2019
Market Leaders - Spirometer Market The spirometer market is projected to reach $1,285 million by 2025 from $799 million in 2020, at a CAGR of 11.1%. Growth in this market is largely driven by the rising global incidence of respiratory diseases, increasing aging population, and the technological shift in spirometer devices towards smartphone-based data acquisition. On the other hand, dependence on patient and other human interventions for data will hinder the growth of this market and will remain a challenge. ...... Read More	February 4, 2019
Nippon Steel & Sumitomo Metal Corporation (Japan) and Vallourec (France) are the Key Players in the Industrial Tubes Market The market size of industrial tubes is estimated at USD 478.0 billion in 2018 and is projected to reach USD 632.6 billion by 2023, at a CAGR of 5.8% between 2018 and 2023.Industrial tubes possess unique properties such as strength, malleability, durability, metallurgical stability, formability, thermal stability, rigidity, and chemical & corrosion resistance, which enable them to be used in different forms and end-use industries. These properties are thus expected to drive the demand for industrial tubes during the forecast period. ...... Read More	February 4, 2019
Less Lethal Ammunition Companies - Safariland Group (US) and Combined Systems, Inc.(US) are the Key Players The less lethal ammunition market is expected to grow from USD 828 million in 2018 to USD 1,106 million by 2023, at a CAGR of 5.95% during the forecast period. The Safariland Group (US), Combined Systems, Inc. (US), Federal Ammunition (US), Nonlethal Technologies (US), Rheinmetall AG (Germany), ST Engineering (Singapore), and Lightfield Ammunition Corporation (US), among others, are the key players in the less lethal ammunition market. ...... Read More	February 4, 2019
Market Leader - Filter Integrity Test Market The global filter integrity test market is projected to reach USD 79 million by 2024 from USD 59 million in 2018, at a CAGR of 5.0% during the forecast period. The growth in this market is mainly driven by the increasing R&D spending across the globe, growth in the biopharmaceutical industry, and increasing purity requirements. Emerging economies and the creation and use of advanced filters are expected to provide new growth opportunities for players in the filter integrity tests market. ...... Read More	February 1, 2019
Scandinavian Enviro Systems AB (Sweden) and Pyrolyx (Germany) are the Key Players in the Recovered Carbon Black (rCB) Market The global market size for recovered carbon black is projected to grow from USD 55 million in 2018 to USD 491 million by 2023, at a compound annual growth rate (CAGR) of 55.0% during the forecast period. The major driving factors of the recovered carbon black market are growing demand for sustainable and environmentally-friendly fillers in tire and non-tire rubber applications, abundant availability of end-of-life tires, and low and fixed price of recovered carbon black....... Read More	February 1, 2019
Aircraft and Marine Turbochargers Companies - Mitsubishi Heavy Industries (Japan) and ABB (Switzerland) are the Key Players The aircraft and marine turbochargers market is projected to grow from USD 270 million in 2018 to USD 290 million by 2023, at a Compound Annual Growth Rate (CAGR) of 1.41% during the forecast period from 2018 to 2023. The major factors driving the growth of the aircraft and marine turbochargers market are increasing demand for fuel-efficient aircraft engines, growing number of aircraft deliveries, rising demand for light jets from countries such as the US and the UK, and flourishing maritime tourism industry across the globe. ...... Read More	January 31, 2019
Advantech (China) and Kontron (Germany) are the Major Players in the China Smart Cities Market The China smart cities market is projected to reach USD 59.9 billion by 2023 from USD 30.4 billion in 2018, at a Compound Annual Growth Rate (CAGR) of 14.5% during the forecast period. The market growth is largely driven by factors, such as increase in population, need for rapid urbanization, and governments’ investment and several policies to speed up the successful implementation and development of smart cities projects....... Read More	January 31, 2019
High Density Interconnect Companies - TTM Technologies (US) and Compeq Co. (Taiwan) are the Leading Manufacturers The high density interconnect (HDI) market is expected to grow from USD 9.5 billion in 2018 to USD 16.9 billion by 2023, at a CAGR of 12.3% from 2018 to 2023. A few key factors driving the growth of this market are increasing adoption of advanced electronics and safety measures in the automotive vertical and growing demand for smart consumer electronics and wearable devices. ...... Read More	January 31, 2019
Agreement and investment & expansion were among the key strategies adopted by the leading players to strengthen their position in the Low Profile Additives Market The low profile additives market is projected to grow from USD 381 million in 2018 to USD 664 million by 2023, at a CAGR of 11.8%. Major drivers for the low profile additives market include increasing demand for SMC/BMC in the automotive industry and growth in electrical appliances demand owing to rapid urbanization. Companies such as Wacker Chemie (Germany), LyondellBasell Industries (Netherlands), Polynt-Reichhold Group (Italy), AOC Aliancys (Italy), and Interplastic Corporation (US) operating in the low profile additives market have adopted both organic and inorganic growth strategies such as merger & acquisition, investment & expansion, and agreement to serve their customers efficiently and increase their market shares. ...... Read More	January 31, 2019
Aggreko (UK) and Rental Solutions & Services (RSS) are the Major Players in the Middle Eastern Temporary Power and Cooling Market The Middle Eastern temporary power market is projected to reach USD 1,102 million by 2023 at a CAGR of 12.12% from an estimated USD 622 million in 2018, whereas the Middle Eastern temporary cooling market is projected to reach USD 305 million by 2023 at a CAGR of 5.78% from an estimated USD 230 million in 2018. In 2018, both the temporary power and temporary cooling markets in Saudi Arabia are estimated to be the largest, followed by UAE. Factors such as a large number of events in the region, lesser turnaround time, and power shortage during high demand are driving the Middle Eastern temporary power and cooling market....... Read More	January 31, 2019
IBM (US) and Microsoft (US) are leading players in Connected Agriculture Market The global connected agriculture market size is expected to grow from USD 1.8 billion in 2018 to USD 4.3 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 19.3% during the forecast period. Growing need to increase farm yield and reduce labor, government initiatives to deploy modern agricultural techniques, and rising pressure to meet the global demand for food are some of the major factors driving the growth of connected agriculture market. ...... Read More	January 31, 2019
Acquisition was the Key Strategy Adopted by Leading Players in the Coalescing Agents Market. The coalescing agents market size is expected to grow from USD 1.0 billion in 2018 to USD 1.3 billion by 2023, at a CAGR of 4.9%. The global coalescing agents market is expected to be driven by various factors such as increasing demand from emerging economies and growing demand for environmentally-friendly coalescing agents. Apart from this, expansion in end-use industries such as automotive and construction is likely to increase the demand in applications such as high-quality paints & coatings and adhesive & sealants....... Read More	January 30, 2019
VOC Sensors and Monitors Companies - Honeywell (US) and Aeroqual (New Zealand) are the Major Players Volatile organic compounds (VOCs) are a wide range of carbon-based (organic) compounds that are found in various manmade as well as natural solids and liquids, which evaporate easily at ambient temperatures. These are extremely hazardous gasses and pose a threat to human health. VOC sensors and monitors are employed to measure and monitor these compounds to keep a check on their concentrations. The VOC sensors and monitors market is expected to grow from USD 140 million in 2018 to USD 176 million by 2023, at a CAGR of 4.6%. Increasing enforcement of occupational health and safety regulations by governments is among the prime factors driving the VOC sensors and monitors market. Besides this, growing awareness regarding controlled air quality, and rising demand for VOC sensors and monitors from developing countries are other major factors fueling the growth of the said market. ...... Read More	January 29, 2019
Evonik Industries (Germany) and Hexion Inc. (US) are the Major Players in the Curing Agents Market The market size of curing agents is estimated to be USD 4.2 billion in 2018 and is projected to reach USD 5.9 billion by 2023, at a CAGR of 6.80%. The growth of its application such as coatings, electrical & electronics, composites, adhesives, construction, and wind energy is the key factor driving the curing agents market....... Read More	January 29, 2019
Market Leaders - Vehicle Scanner Market The vehicle scanner market is projected to grow at a CAGR of 6.28% during the forecast period to reach USD 2.3 billion by 2025 from an estimated USD 1.5 billion in 2018. The base year for the report is 2017, and the forecast period is from 2018 to 2025. The growth of the vehicle scanner market is influenced by factors such as security awareness, infrastructure development, and the stringent safety measures taken by various regions such as North America, Europe, and the Middle East. Additionally, increased demand for portable vehicle scanners is expected to boost the vehicle scanner market. ...... Read More	January 29, 2019
Denso (Japan) and Delphi Technologies (UK) are Leading players in Vehicle Inverters Market The vehicle inverters market is projected to grow at a CAGR of 17.57% during the forecast period to reach USD 7.7 billion by 2025 from an estimated USD 2.5 billion in 2018. The base year for the report is 2017, and the forecast period is from 2018 to 2025. The growth of the vehicle inverters market is influenced by factors such as the rise in stringent emission norms to prevent environmental impact, increasing sales of electric vehicles globally, and subsidies and tax rebates issued by several governments. Additionally, the increasing use of various handheld devices and household appliances in ICE vehicles is fueling the demand for vehicles inverters in ICE vehicles globally. ...... Read More	January 29, 2019
Market Leaders - Truck Refrigeration Unit Market The truck refrigeration unit market is projected to grow from USD 10.5 billion in 2018 to USD 15.0 billion by 2025, at a CAGR of 5.21%. The major driving factors for the truck refrigeration unit market are increasing demand for frozen & chilled commodities, which are mainly propelled by the growing urbanization, disposable income, and changing consumer preferences globally. ...... Read More	January 28, 2019
Track Geometry Measurement System Companies - ENSCO (US) and Fugro (Netherlands) are the Key Players The 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 Market The 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 Players A 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 Players The 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 Market The 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 Players Pneumatics 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 Market The 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

Home › Research Insight

Research Insight

How can we help you?