Research Insight

Top Companies in Companion Animal Diagnostics Market: IDEXX (US) and Zoetis Services LLC (US) are the Leading Players

The companion animal diagnostics market is projected to reach USD 4.55 billion by 2029 from USD 2.99 billion in 2024 at a CAGR of 8.8% during the forecast period. The increasing trend of pet ownership in developed regions such as North America and Europe has made the demand for companion animal diagnostics. Pets have been integrated into families as family members, creating emotional bonding that makes owners willing to spend on their health care. This change in perspective has led to a shift in spending on veterinary care, preventive treatments, and advanced diagnostics. There is an echo in the interest in pet health with human healthcare trends: the constant check-ups and vaccinations, the wellness plans, all part of keeping their companions living healthier, longer lives. With pets being considered part of the family, the need for high-tech diagnostics, including blood tests, imaging scans, and genetic screening, has grown sharply. This is also matched by the growth of veterinary clinics and hospitals that provide high-quality services. This growing bond fosters further developments and progress in the animal companion health care industry of the whole world. Advanced diagnostic tests, including molecular diagnostics, often incur a cost that limits access for pet owners, especially in low-income regions. This may restrain market growth.

• Published: December 2024

Top Companies in Cell Therapy Technologies Market: Danaher Corporation (US) and Merck KGaA (Germany) are the Leading Players

The global cell therapy technologies market is anticipated to reach USD 6.80 billion in 2029 from USD 4.03 billion in 2024, with a significant CAGR of 11.0%. Major growth drivers of the market are an increase in funding and investments in cell therapy, advancements in gene editing technologies, technologically advanced automated cell processing systems, and regulatory support for accelerating therapies.

• Published: December 2024

Top Companies in Property Management Industry - Appfolio (US) and Yardi (US)

The worldwide property management market is expected to grow at a compound annual growth rate of 8.3% until 2030, reaching USD 42.78 billion, up from an estimated USD 26.49 billion in 2024. Key factors driving market growth include the growing preference for renting over purchasing homes, driven by rising housing costs and changing demographics. Additionally, the integration of smart technologies and the Internet of Things is revolutionizing property management practices, enhancing energy efficiency, security, and tenant engagement. Furthermore, the shift towards remote work has increased the demand for remote management capabilities, allowing property managers to effectively oversee multiple properties without physical presence.

• Published: December 2024

Top Companies in Nutraceuticals & Dietary Supplements Industry - Nestlé (Switzerland), BASF (Germany), ADM (US), Glanbia PLC (Ireland), International Flavors & Fragrances (US) and Herbalife International of America, Inc. (US)

The industry is witnessing trends such as personalized nutrition, clean-label products, and preventive health measures. The nutraceuticals and dietary supplements industry has experienced significant growth in most part of the year 2024, driven by several key factors.

Advancements in personalized nutrition, enabled by genomics and individual health data, allow consumers to tailor supplements to their specific health needs, increasing demand for customized products. Additionally, there is a rising consumer preference for natural, organic, and functional ingredients, reflecting a broader trend towards health and wellness.

This shift is further supported by the increasing availability of plant-based and clean-label supplements, catering to health-conscious individuals. Looking ahead to 2025, the dietary supplements industry is poised for continued expansion, with projections indicating a CAGR of 7.6%, potentially reaching a market value of USD 192.6 billion by 2029.

• Published: December 2024

AI in Video Surveillance Companies - Hikvision Digital Technology Co., Ltd. (China) and Dahua Technology Co., Ltd. (China) are the Key Players

The AI in video surveillance market is projected to grow from USD 3.90 billion in 2024 and is expected to reach USD 12.46 billion by 2030, growing at a CAGR of 21.3%  from 2025 to 2030. Smart cities rely on cutting-edge digital infrastructure to revolutionize urban services, and video surveillance is integral to this process. This allows municipalities to track public space in real-time and respond promptly to incidents, thus improving public safety in general. Integrating surveillance systems with smart city initiatives improves security, resource management, traffic monitoring, and crime prevention, thus creating safer, more efficient urban environments.

• Published: December 2024

Autonomous Mobile Robots (AMR) Companies - ABB (Switzerland) and KUKA AG (Germany) are the Key Players

The global market for autonomous mobile robots is projected to reach USD 4.56 billion in 2030 from USD 2.25 billion in 2025 at a CAGR of 15.1%. Primarily, demand from many industries such as e-commerce, manufacturing and logistics contributes to this high growth. The key drivers are, the growing need for automation, increasing technological advancements in navigation and artificial intelligence, and a persistent labor shortage that challenges companies to maintain productivity levels by reducing human dependency. The integration of IoT technology with AMRs also facilitates real-time monitoring and data analytics to improve operational efficiency. With AMRs entering new sectors like healthcare, hospitality, and retails, the market will indeed experience great growth because of increased innovation and emphasis on being efficient and safe for application across industries.

• Published: December 2024

AI in Computer Vision Companies - Sumitomo Electric Industries, Ltd. (Japan) and Infinite Energy Systems (UK) are the Key Players

The global Al in computer vision market is projected to reach USD 63.48 billion in 2030 from USD 23.42 billion in 2025; it is expected to grow at a CAGR of 22.1% from 2025 to 2030. The AI in computer vision market is driven by key factors that reshape various industries. Among these, it is quite evident that there is rapid technological advancement in the field of AI and machine learning to interpret and analyze visual data with increasing accuracy and speeds, which drive demand across various sectors. Rapid adoption and the requirement for real-time processing are critical in several industries, from manufacturing to healthcare, automobiles, and retail. In particular, increased adoption of autonomous vehicles, smart devices, and surveillance systems has created an increased need for AI-powered vision solutions. Large datasets and powerful deep learning models also accelerate computer vision solution development and adoption. Cost-cutting in hardware such as cameras and sensors makes AI vision more accessible. Increased investment in research and development is also driving innovations in AI-powered vision solutions, making them more efficient and versatile across applications such as healthcare diagnostics, security surveillance, and quality control in manufacturing.

• Published: December 2024

Top Companies in AC Motors Industry - ABB (Switzerland), Siemens (Germany), GE Vernova (US), WEG (Brazil) and NIDEC (Japan)

The AC motors market is projected to reach USD 6.60 billion by 2029 from an estimated USD 4.60 billion in 2024, at a CAGR of 7.5% during the forecast period (2024–2029). The AC motors market is particularly increasing for the ones above 500 kW with increased industrialization and urbanization along with growing demands for heavy-duty applications in sectors such as oil & gas, mining, power generation, and manufacturing. Such motors are crucial in applications requiring high loads like conveyor systems, cranes, and HVAC systems. In recent times, due to energy transition towards renewable energy sources and electrification, efficient and powerful motors are increasingly being demanded. In addition, the advancements in electric drives and induction motor technologies are further supporting their adoption.

• Published: December 2024

Flow Battery Companies - Sumitomo Electric Industries, Ltd. (Japan) and Infinite Energy Systems (UK) are the Key Players

The global flow battery market size is expected to grow from USD 0.34 billion in 2024 to USD 1.18 billion by 2030, at a CAGR of 23.0% from 2024 to 2030. The increasing use of mobile devices worldwide has resulted in a surge in the construction of telecommunication towers. These modern networks are interconnected globally, and with the recent introduction of 5G technology, the demand for towers is proliferating.The highest number of telecom tower deployments are observed in Asian countries, therefore, the increasing number of telecommunications tower installations is expected to stimulate the demand for flow batteries worldwide.

• Published: December 2024

Chillers Companies - DAIKIN INDUSTRIES, Ltd. (Japan), Trane Technologies plc (Ireland), Carrier (US) are the Major Players in the Chillers Market

The chillers market is projected to reach USD 15.42 billion by 2029, at a CAGR of 5.0% from USD 12.08 billion in 2024. Chillers market is growing rapidly, because of the ever-growing need for efficient cooling across all industries such as HVAC, chemicals, food & beverage, and data center, while rapid urbanization and growth in infrastructure for building construction along with malls, hospitals, and offices are giving it the boost. Also, with ever-growing environmental concerns and the emergence of more stringent regulations and legislation, it becomes pertinent that companies focus on the usage of low-GWP refrigerant chillers and become as eco-friendly as possible. Technological advancements, such as smart control systems and variable speed drives, enhance chiller performance, thereby increasing their attractiveness. Industrialization in emerging economies also adds to the growing market demand for chillers.

• Published: December 2024

Top Companies in EV Battery Testing Industry - TÜV SÜD (Germany), Intertek Group plc (UK), UL LLC (US), Bureau Veritas (Belgium) and SGS Société Générale de Surveillance SA (Switzerland)

The EV battery testing market is estimated to grow from USD 3.35 billion in 2024 to USD 9.51 billion in 2030 at a CAGR of 19.0% during the forecast period.

• Published: December 2024

Data Center Chip Companies - NVIDIA Corporation(US) and AWS (US) are the Key Players

The data center chip market is expected to grow from USD 206.96 billion in 2025 and is projected to reach USD 390.65 billion by 2030, growing at a CAGR of 13.5% from 2025 to 2030.

• Published: December 2024

Top Companies in Nuclear Power Industry - The State Atomic Energy Corporation ROSATOM (Russia) and Westinghouse Electric Company LLC. (US)

The nuclear power market is forecasted to reach USD 44.71 billion by 2029 from an estimated USD  38.84 billion in 2024, at a CAGR of 2.9% during the forecast period (2024-2029). There is increasing global energy demand, especially in emerging economies, which drives the investment in nuclear power to ensure a stable supply of energy. Besides, Nuclear power provides a stable and predictable supply of electricity, reduces dependency on imported fossil fuels, and enhances national energy security.

• Published: December 2024

Nucleating & Clarifying Agents Companies - Milliken & Company (U.S.), Imerys S.A. (France), Clariant AG (Switzerland), BASF SE (Germany) are Leading Players in the Nucleating & Clarifying Agents Market

In terms of value, the nucleating & clarifying agents market is estimated to grow from USD 378.9 million in 2024 to USD 512.5 million by 2029, at a CAGR of 6.2%. The packaging industry is becoming one of the major consumers of plastic which is one of the key factors increasing the demand for the nucleating & clarifying agents market. The lightweight, durable, and versatile nature of plastics makes them a preferred choice in packaging applications. These agents boost the transparency, strength, and thermal properties of plastics, which makes the plastic material suitable for packaging applications.

• Published: December 2024

Extreme Ultraviolet (EUV) Lithography Companies - ASML (Netherlands) and KLA Corporation (US) are the Key Players

The EUV lithography market is expected to reach USD 22.69 billion by 2029 from USD 12.18 billion in 2024, at a CAGR of 13.2% during the 2024-2029 period.

• Published: December 2024

EMI Shielding Companies - Parker Hannifin Corp (US) and PPG Industries Inc. (US) are the Key Players

The global EMI shielding market is expected to reach USD 9.69 billion in 2029 from USD 7.34 billion in 2024, at a CAGR of 5.7% during the forecast period. The increasing proliferation of electronic devices and wireless technologies in consumer electronics, automotive, aerospace, telecommunications, and healthcare create growing demands for EMI (Electromagnetic Interference) shielding. As devices get smaller and more interconnected, they radiate higher electromagnetic emissions that interfere with nearby equipment, causing an overall disruption in performance and, in some cases, safety concerns. Strict EMC regulatory standards and the requirement to protect sensitive components against critical application, such as medical equipment or self-driving vehicles, lead to increased demand.

• Published: December 2024

Top Companies in Residential Energy Storage Industry - Panasonic Holdings Corporation (Japan), Tesla (US) and BYD Company Ltd. (China)

The residential energy storage market is expected to grow from an estimated in USD 2.69 billion in 2024 to USD 4.58 billion by 2030, at a CAGR of 9.3% during the forecast period. In addition to a steady increase in electricity prices, homeowners are now shifting toward energy storage solutions as the most preferable option. A residential energy storage system allows households to store energy produced during off-peak hours when electricity rates are low and utilize it during peak demand periods when rates are high. This strategic usage of reserve energy reduces reliance on the grid, with long-term cost benefits through insulation from fluctuating energy tariffs. It also makes optimum sense in areas with dynamic pricing models or time-of-use billing, enabling homeowners to intelligently time when they use energy in order to stay within the optimal window of cost efficiency and become a very attractive option for budget-conscious consumers.

• Published: December 2024

Submarine Cable Systems Market Growth in the Japan

The market for submarine cable systems in Japan is experiencing consistent growth, fueled by the rising need for high-speed, secure international communications and the swift development of digital services.

• Published: December 2024

Submarine Cable Systems Market Growth in the Germany

The German submarine cable systems market is experiencing significant growth, driven by the increasing demand for high-speed internet, digital communication, and data exchange between Europe and other global markets.

• Published: December 2024

Submarine Cable Systems Market Growth in the US

The US market for submarine cable systems is witnessing strong growth, fueled by the rising need for fast, reliable internet connectivity, improvements in digital communication technology, and the surge in worldwide data transmission. Submarine cables, essential for international data transmission, are vital to contemporary telecommunications networks, enabling worldwide communication and data sharing.

• Published: December 2024

Radiation Hardened Electronics Market Growth in the Japan

Japan is a technologically advanced country with one of the best manufacturing capabilities, and thus it is one of the largest competitors in the global market.

• Published: December 2024

Radiation Hardened Electronics Market Growth in the Germany

Germany is one of the most essential players in the European space market, with its space program in collaboration with international partners.

• Published: December 2024

Radiation Hardened Electronics Market Growth in the US

The US market for radiation-hardened electronics is growing, thanks to the presence of key manufacturers in the country.

• Published: December 2024

Top Companies in Pumps Industry - Grundfos Holding A/S (Denmark), Xylem (US) and KSB Limited (India)

The global pumps market is expected to grow from USD 61.32 billion in 2024 to USD 79.01 billion by 2029, at a CAGR of 5.2% during the forecast period. The main drivers of the pumps market globally are rapid industrialization, urbanization, and infrastructure development around the world, where demand for efficient water and wastewater management solutions across different industries increases. Increase in the oil & gas, chemicals, and food & beverage industries further fuels the demand for pumps as these sectors heavily depend upon pumping solutions for processes, handling fluids, and maintaining operations. Further improvement in pump technology, including smart and IoT-enabled pumps, is capable of providing efficient operations with minimal downtime; this is impressive for industries and energy-efficient users. The increasing pollution, environmental concerns, and regulations across various regions are influencing the demand for energy-efficient pumps to support sustainable practices; hence, the growth in demand is observed across regions.

• Published: December 2024

Flow Battery Market in the US: Driving Renewable Energy Integration and Grid Stability

The flow battery market in the United States is experiencing rapid growth, driven by the increasing demand for efficient energy storage solutions that can support renewable energy integration and enhance grid stability. Flow batteries, which utilize liquid electrolytes to store energy, offer unique advantages such as scalability, long cycle life, and safety compared to traditional battery technologies.

• Published: December 2024

Flow Battery Market in Japan: Powering Renewable Energy and Grid Stability

The flow battery market in Japan is poised for significant growth, driven by the increasing demand for energy storage solutions that support renewable energy integration and grid stability. Flow batteries, which store energy in liquid electrolytes, offer advantages such as scalability, long cycle life, and safety compared to traditional battery technologies. As Japan transitions towards a more sustainable energy landscape, the adoption of flow batteries is becoming crucial for balancing intermittent renewable energy sources like solar and wind.

• Published: December 2024

Flow Battery Market in Germany: Renewable Energy Storage & AI Integration

Germany has emerged as one of the most significant players in the global energy transition, embracing renewable energy sources and cutting-edge technologies to decarbonize its economy. Among the innovations playing a pivotal role in this transition is the flow battery, a promising energy storage technology. Flow batteries, particularly vanadium redox flow batteries (VRFB) and other variants, are gaining traction in Germany due to their long cycle life, scalability, and ability to store renewable energy for extended periods.

• Published: December 2024

The anti-drone market in Germany is expected to grow at a CAGR of 26.8% during the forecast period.

The anti-drone market in Germany has experienced robust growth, fueled by a combination of government initiatives, private sector innovation, and rising concerns about drone misuse. 

• Published: December 2024

The anti-drone market in Japan is expected to grow at a CAGR of 27.5% during the forecast period.

The anti-drone market in Japan is growing rapidly due to the rising risks posed by unauthorized drone activities. As drones become increasingly accessible for recreational, commercial, and industrial use, concerns about their misuse have increased. 

• Published: December 2024

The anti-drone market in the US is expected to grow at a CAGR of 24.0% during the forecast period.

The US leads the global anti-drone market, holding the largest share of deployed systems across military, defense, commercial infrastructure, and homeland security sectors. The military and defense sector is the primary driver of this growth, as anti-drone systems are heavily utilized in these applications. Several well-established companies in the country are spearheading extensive research and development efforts in anti-drone technologies.

• Published: December 2024

The Rise of the Digital Twin Market in Germany

Germany is emerging as a key player in the digital twin market, driven by technological advancements and a strong commitment to digital transformation. With industries like manufacturing, automotive, and urban planning embracing digital twin solutions, Germany is leveraging its leadership in Industry 4.0 to optimize processes, enhance efficiency, and drive innovation.

• Published: December 2024

The Rise of Japan's Digital Twin Market: Trends, Challenges, and Future Prospects

The Japan digital twin market is rapidly evolving, driven by advancements in technologies such as IoT, AI, and big data analytics. Key sectors benefiting from digital twin applications include manufacturing, smart cities, and healthcare, where real-time virtual replicas enhance operational efficiency and predictive maintenance.

• Published: December 2024

The Rise of Japan's Digital Twin Market Trends, Challenges, and Future Prospects

The Japan digital twin market is rapidly evolving, driven by advancements in technologies such as IoT, AI, and big data analytics. Key sectors benefiting from digital twin applications include manufacturing, smart cities, and healthcare, where real-time virtual replicas enhance operational efficiency and predictive maintenance.</p>

• Published: December 2024

The Rise of Japan's Digital Twin Market: Trends, Challenges, and Future Prospects

The Japan digital twin market is rapidly evolving, driven by advancements in technologies such as IoT, AI, and big data analytics. Key sectors benefiting from digital twin applications include manufacturing, smart cities, and healthcare, where real-time virtual replicas enhance operational efficiency and predictive maintenance.

• Published: December 2024

Smart Home Market in the US

According to MarketsandMarkets, the smart home market in the US is expected to grow from 18.90 billion in 2023 to 26.36 billion in 2029, at a CAGR of 5.8% from 2024 to 2029.

• Published: December 2024

Smart Home Market in the Germany

According to MarketsandMarkets, the smart home market in Germany is expected to grow from 6.58 billion in 2024 to 9.66 billion in 2029, at a CAGR of 6.4% from 2024 to 2029.

• Published: December 2024

Growth and Trends in US Digital Twin Market

The digital twin market in the US is experiencing rapid growth, driven by the country's increasing digitalization and the widespread adoption of Internet of Things (IoT) technologies.

• Published: December 2024

Smart Home Market in the Japan

According to MarketsandMarkets, the smart home market in Japan is expected to grow from 5.67 billion in 2023 to 9.00 billion in 2029, at a CAGR of 8.1% from 2024 to 2029.

• Published: December 2024

Exploring the Future of Germany 3D Printing Market

Germany's strong engineering and innovation drive its 3D printing market, making it a global benchmark for additive manufacturing. Strong and continuous adoption of AMT in aerospace, automotive, healthcare, and industrial machinery industries make Germany to be a leading country in manufacturing technologies.

• Published: December 2024

Collaborative Robot Market Growth in the US

Driving Efficiency and Innovation: The Growth of the U.S. Collaborative Robot Market

The cobot market in the United States is growing further, driven by significant investments into automation, along with the emerging workforce-related challenges and push for higher efficiency in manufacturing processes. These are areas said to primarily adopt cobots, focusing on increasing the precision and output of production and manufacturing tasks. Automotive would be one of these industries that represent a significant part of U.S. GDP, which is a major driver, with vehicle sales expected to increase by 7% by 2027. This directly correlates with increased cobot adoption in assembly lines and manufacturing processes.

• Published: December 2024

Collaborative Robot Market Growth in the Japan

Japan’s cobot market is driving innovation by addressing labor shortages and enhancing productivity across industries

• Published: December 2024

The Future of Japan 3D Printing Market, Key Trends and Technologies

The main factors driving the expected growth of the 3D printing market in Japan are increase in construction projects as well as the aerospace and defense industry.

• Published: December 2024

Collaborative Robot Market Growth in Germany

Germany's Collaborative Robot Market Leads Europe’s Automation Drive

The cobot market in Germany is rapidly growing to an unprecedented level and is the largest cobot market in Europe. The automotive industry is booming in Germany-the world's largest vehicle manufacturer-boosting the adoption of cobots. As such, reports VDMA (German Mechanical Engineering Industry Association), the automobile makers are increasingly incorporating cobots in the production lines to ensure greater precision and efficiency in the drive, particularly electric and hybrid vehicles. In cobot use, the automobile sector employs it by companies such as Volkswagen, Daimler, and Ford that utilizes in KUKA's LBR series in standardizing "vehicle transmission assembly and surface polishing".

• Published: December 2024

Growth and Trends in US 3D Printing Market Opportunities and Challenges

The United States has thus emerged as one of the largest markets for 3D printing technology 3D printing or additive manufacturing has transformed industries in the US through new levels of prototyping, making production cycles efficient, and on-demand manufacturing.

• Published: December 2024

Data Center GPU Market Growth in the US

Accelerating AI workloads and driving the demand for GPUs across US data centers to support cloud services, machine learning, and high-performance computing applications.

• Published: December 2024

Data Center GPU Market Growth in the Japan

Accelerated AI-powered transformation through GPU-driven data center expansion in Japan will propel the market growth in the country.

• Published: December 2024

US Access Control Market

• Published: December 2024

Data Center GPU Market Growth in the Germany

Growing adoption of cloud computing and Industry 4.0 technologies to contribute data center GPU market growth in Germany.

• Published: December 2024

FPGA Market Growth in the US

Increasing government investments and rising demand for FPGA in automotive and data center sectors to boost market in the country.

• Published: December 2024

FPGA Market Growth in the Germany

Increasing adoption of robotics and industry 4.0 to drive market in the country.

• Published: December 2024