Research Insight

Top Companies in Medical Batteries Market: Panasonic Holdings Corporation (Japan) and Energizer Holdings, Inc. (US) are the Leading Players

The Medical Batteries Market is projected to reach a valuation of USD 2.0 billion in 2024, with an anticipated surge to USD 2.7 billion by 2029, exhibiting a CAGR of 6.2% throughout the forecast period. The medical batteries market is primarily driven by technological advancements in medical devices, particularly in portable and wearable healthcare solutions. These devices require compact, high-performing, and reliable batteries to support continuous monitoring and treatment of chronic diseases, which are increasingly prevalent globally. Regulatory initiatives supporting the adoption of wireless and portable medical devices also play a significant role in market growth. Furthermore, innovations in battery chemistry, such as lithium-ion and solid-state batteries, enhance energy density and safety standards, addressing the specific demands of medical applications.

• Published: July 2024

Extrusion Coating Companies: Cleanse Corporation (US) and Chevron Phillips Company (US) are Leading Players inn the Extrusion Coating Market

The extrusion coating market is projected to grow from USD 6.3 billion in 2024 to USD 7.5 billion by 2029, at a CAGR of 3.6% between 2024 and 2029. Extrusion coating play a vital role in packaging industry. It is fueled by the growing need for eco-friendly and flexible packaging options in a number of industries, including food and drink, medicines, personal care, and home goods. In order to maintain product freshness and increase shelf life, extrusion coating offers vital features such barrier protection against moisture, gases, and light. Furthermore, extrusion coating's adaptability makes printing possible, providing vivid graphics and branding components that improve product visibility and consumer appeal. Extrusion coating keeps innovating and evolving, meeting the dynamic demands of the modern packaging business as customer preferences shift towards convenience, sustainability, and product differentiation.

• Published: July 2024

Top Companies in District Cooling Industry - Emirates Central Cooling Systems Corporation PJSC (UAE) and Tabreed (UAE)

The global district cooling market size was USD 1.1 billion in 2024 and is projected to reach USD 1.3 billion by 2029, at a CAGR of 3.6% between 2024 and 2029. The global district cooling market is expected to grow due to surging urbanization, escalating energy costs, and strict environmental regulations. With increase in population, industrialization, and urbanization, the demand for efficient cooling solutions rises, making district cooling a compelling alternative to individual air conditioning systems. Moreover, governments worldwide are incentivizing sustainable technologies, positioning district cooling as a key component of future urban infrastructure.

• Published: July 2024

Hydraulic Fluids Companies: Market Leader in Hydraulic Fluids Market

In terms of value, the hydraulic fluids market is estimated to grow from USD 8.7 billion in 2024 to USD 10.2 billion by 2029, at a CAGR of 3.2%. Hydraulic fluids market have grown as the demand from food processing end-use industry, and rising industrial growth in the Middle East & Africa and Asia Pacific region. These factors drive the hydraulic fluids market.

• Published: July 2024

Top Companies in Zero Trust Security Industry - Microsoft (US) and IBM (US)

The global Zero Trust Security Market is projected to grow from USD 36.5 billion in 2024 to USD 78.7 billion by 2029 at a compound annual growth rate (CAGR) of 16.6% during the forecast period. The zero-trust security market is expanding rapidly due to the increasing complexity of cyber threats and the growing reliance on remote work and cloud-based systems. The impact of this market on the rise in cyberattacks, the use of cloud computing, the remote work culture, and the enforcement of data privacy rules are the major reasons for this market growth. So, organizations that take safety measures highly to defend their digital assets will help the market flourish greatly. The zero trust strategy is now a major security tool that companies use to protect their valuable information and systems in today's digital environment. This change is an indication of the need to have in place total security plans that can handle the current ones.

• Published: July 2024

Small Satellite Companies - SpaceX (US) and Lockheed Martin Corporation (US) are the Key Players

The small satellite market is projected to grow from USD 5.2 Billion in 2024 to USD 11.2 Billion by 2029, at a CAGR of 16.6% during the forecast period. Small Satellite Companies are expected to benefit significantly from the growing demand for space-based services and the continuous development of new technologies that make small satellites more competent and affordable. The ongoing trend of miniaturizing satellite components is making small satellites more efficient and capable, which will likely drive further growth for these companies. Advancements in microelectronics and propulsion systems are enabling these satellites to maneuver more effectively and extend their operational lifetimes, making them more attractive for a variety of missions.

• Published: July 2024

Top Companies in Nutraceutical Ingredients Industry - Cargill, Incorporated (US), ADM (US) and Arla Foods amba (Denmark)

The nutraceutical ingredients market, which is currently valued at USD 105.15 billion in 2024 and is expected to grow at a CAGR of 5.3% to USD 136.13 billion by 2029, has seen transformative changes and innovations. As people become more and more health-conscious, they seek out products that can improve their overall well-being, leading to a surge in demand for fortified foods and beverages. According to a Global Alliance for Improved Nutrition (GAIN) article published in August 2022, food fortification is a "no regrets" investment. It also claims that food fortification is inexpensive, beneficial to large populations, and generates an average economic return of USD 27 for every dollar invested in improved health and productivity. This highlights the economic and health benefits resulting from the addition of nutraceutical ingredients to food products.

• Published: July 2024

Top Companies in eClinical Solutions Market: Medidata (A Dassault Systèmes Company) (France) and Veeva Systems (US) are the Leading Players

The global eClinical solutions market is projected to reach USD 22.09 billion by 2029 from USD 11.62 billion in 2024, at a high CAGR of 13.7% during the forecast period. Increased operational costs and strict regulatory requirements for clinical research studies are the main reasons for the growth of this market, along with the adoption of new software solutions for clinical research, the favorable government funding for clinical trials, the need for better data standardization, and the growth of research and development of drugs through biotech-pharma companies further drives the market. However, several factors will likely be a drag on market growth such as excessively high implementation costs of eClinical solutions, a low supply of skilled professionals, and the insufficient level of awareness among the researchers are some of the factors that contribute to losing the market.

• Published: July 2024

The Future of HVAC Industry: Emerging Technologies and Sustainable Solutions

• Published: July 2024

Fiber Laser Companies - Coherent Corp. (US) and Trumpf (Germany) are the Key Players

The fiber laser market to grow from USD 7.7 billion in 2024 and is expected to reach USD 12.8 billion by 2029, growing at a CAGR of 10.8% from 2024 to 2029. Rise in demand from the medical and consumer electronics sectors is driving the growth of fiber laser market. The consumer electronics industry demands smaller, lighter, and power-efficient devices. This has resulted into to an increase in miniaturization, thus driving the acceptance of fiber lasers that offer very high accuracy and speed, hence efficiently managing some manufacturing processes necessary for the production of electronics components.

• Published: July 2024

Augmented and Virtual Reality Companies - Meta (US) and Sony Group Corporation (Japan) are the Key Players

The Augmented Reality and Virtual Reality Market was valued at USD 22.12 billion in 2024 and is expected to reach USD $96.32 billion by 2029, at a CAGR of 34.2% during the 2024-2029 period.

• Published: July 2024

Top Companies in Private Cloud - Microsoft (US) and VMware (US)

The global private cloud market will grow from USD 124.8 billion in 2024 to USD 190.9 billion by 2029 at a compounded annual growth rate (CAGR) of 8.9% during the forecast period. A private cloud is a cloud reserved for unique clients. In evaluating public clouds, where resources are regular and can be utilized by multiple men or women, the sources or environment in a private cloud are one-of-a-kind to an organization in the enterprise's infrastructure or with the aid of outsourcing to another company. Such setup enables businesses to meet specific requirements laid down by the law, honor data sovereignty and other obligations, and enjoy better data security. Private clouds can be deployed in an organization's local area network, a third-party hosting environment, or even outsourced for hosting and management to a service provider while at the same time retaining exclusive ownership of the data and applications.

• Published: July 2024

Top Companies in Future of Commercial Vehicle Telematics Industry - Verizon (US), Geotab Inc. (Canada), Samsara Inc. (US), MiX by Powerfleet (US) and Omnitracs (US)

The global Commercial Vehicle Telematics market size is projected to grow from USD 5.4 Billion in 2024 to USD 12.8 Billion by 2030, at a CAGR of 15.2%. The commercial vehicle telematics market is expected to grow due to the increasing demand for fleet management solutions that enhance operational efficiency and reduce costs. Additionally, advancements in IoT and AI technologies are driving the adoption of telematics systems, providing real-time data analytics and improved safety features.

• Published: July 2024

Top Companies in Endpoint Protection Platform (EPP) - Palo Alto Networks (US) and SentinelOne (US)

The global endpoint protection platform (EPP) market size is projected to grow from USD 17.4 billion in 2024 to USD 29.0 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 10.7% during the forecast period. The rise in cyber threats and the transition to remote work play a prominent role in boosting the EPP market. With businesses encountering cyberattack risks and struggling to protect a widely scattered workforce, the need for advanced, flexible, and thorough endpoint security solutions is on the upswing. This trend aims to provide safeguards and uphold security standards throughout work settings.

• Published: July 2024

Top Companies in Prefilled Syringes Market: BD (US) and Gerresheimer AG (Germany) are the Leading Players

The global prefilled syringes market is projected to reach USD 13.14 billion by 2030 from USD 7.10 billion in 2024, at a CAGR of 10.8% during the forecast period. Market growth is largely driven by the increasing prevalence of chronic diseases, the rise in demand for self-administration, and the advantages of prefilled syringes such as reduced risk of contamination and dosing errors. However, the presence of alternative drug delivery systems and stringent regulatory requirements limit the market growth of prefilled syringes.

• Published: July 2024

RTLS for Healthcare Companies - Securitas Healthcare, LLC (US), Zebra Technologies Corporation (US) and Aruba Networks (US) are the Key Players

The global RTLS market for healthcare size is expected to grow from USD 2.3 billion in 2024 to USD 5.7 billion by 2029, at a CAGR of 19.6% from 2024 to 2029. RTLS solutions are comparatively higher priced than some other traditional tracking technologies. However, the rise in competitiveness in the RTLS market has led to the availability of cost-effective RTLS solutions. The emergence of innovative startups and the availability of customized solutions are the two key factors that have led to the rise in competitiveness in the RTLS market.

• Published: July 2024

Top Battery Energy Storage (BESS) Companies Driving the Future of Industry

The future of the energy storage industry is brimming with opportunities and challenges, but one thing is certain: the companies at the forefront of this revolution are poised to play a pivotal role in shaping the energy landscape of tomorrow. As the world transitions towards a more sustainable and resilient energy future, the innovations and solutions pioneered by these trailblazers will be instrumental in unlocking the full potential of renewable energy sources and ensuring a reliable, efficient, and clean energy supply for generations to come.

• Published: July 2024

Paints & Coatings Companies: Akzo Nobel N.V. (Netherlands), PPG Industries Inc. (US) are Leading Players in the Paints & Coatings Market

The paints & coatings market is projected to grow from USD 194.5 billion in 2024 to USD 227.5 billion by 2029, at a CAGR of 3.2% between 2024 and 2029. Paints & coatings are necessary in the residential sector to preserve different surfaces and to improve aesthetic appeal. With the variety of colors, textures, and finishes they provide, homeowners may showcase their individual taste and blend in with existing architectural elements. In addition to being aesthetically pleasing, these coatings are essential for protecting surfaces from the weather. They aid in shielding exteriors, walls, and ceilings from UV rays, moisture, and other contaminants that might eventually cause harm. Low-VOC (volatile organic compound) and environmentally friendly paint alternatives have been developed as a result of recent advances in paint technology, improving indoor air quality and lessening environmental effect. Because these paints are designed to reduce hazardous emissions, they are a healthier option for the health of your home and the environment. Furthermore, modern coatings frequently include improved qualities like resistance to mildew, which helps preserve the longevity and cleanliness of surfaces in moist environments.

• Published: July 2024

Top Companies in Feed Robotics Industry - Lely Holdings (Netherlands), DeLaval (Sweden) and GEA (Germany)

The feed robotics market is projected to grow from USD 1.6 billion in 2024 to USD 2.5 billion by 2029, at a CAGR of 11.5% during the forecast period. This remarkable growth is driven by the increasing demand for automation in agriculture, which aims to enhance efficiency, reduce labor costs, and address the global shortage of skilled farm labor. Additionally, the integration of advanced technologies such as artificial intelligence (AI), machine learning, and the Internet of Things (IoT) in feed robotics systems is significantly enhancing the capabilities and performance of these machines. Major industry players are heavily investing in research and development to innovate and improve the functionality of feed robots, making them more adaptable to various farming environments and capable of handling a diverse range of feed types. This market expansion is further supported by governmental initiatives promoting precision farming and sustainable agricultural practices, as well as rising awareness among farmers about the long-term cost benefits and productivity gains associated with the adoption of feed robotics. With ongoing advancements and strategic collaborations, the global feed robotics market is poised for substantial growth, promising to revolutionize the agricultural sector in the coming years.

• Published: July 2024

Top Companies in Cell Isolation Market: Danaher Corporation (US) and Merck KGaA (Germany) are the Leading players

The cell isolation market is expected to grow from USD 4.6 billion in 2024 to USD 8.4 billion by 2029, at a CAGR of 12.9%. Growing focus on personalized treatment and increased government financing for cell-based research are some of the factors propelling this market's expansion.

• Published: July 2024

Top Companies in Fire Truck Industry - Rosenbauer International AG (Austria), Oshkosh Corporation (US), Morita Holdings Corporation (Japan), and REV Group (US)

The fire truck market is estimated to grow from USD 8.1 billion in 2024 to USD 9.6 billion by 2030 at a CAGR of 2.7% during the forecast period. A driving factor for the fire truck market is due to increase in urban cities and industrial area. As the urban area and smart cities expand the industrial investments have also grown parallelly, which has also increased the risk of fires escalates, necessitating advanced fire-fighting solutions. Governing bodies are implementing fire safety regulations, compelling urban and industrial sectors to upgrade their fire-fighting capabilities. Technological advancements, such as implementation of IoT and Al for real-time monitoring and response, has increased the efficiency and appeal of technically advanced fire truck. Additionally, the increasing clean environment awareness has boosted the demand for hybrid and electric fire trucks. Moreover, continuous need for replacing the aging fire trucks in developed countries is further boosting the market growth.

• Published: July 2024

Top Companies in Egg Replacers Industry - Cargill, Incorporated (US), ADM (US) and Kerry Group plc (Ireland)

The egg replacers market is estimated at USD 2.3 billion in 2024 and is projected to reach USD 3.3 billion by 2029, at a CAGR of 8.0% from 2024 to 2029.

• Published: July 2024

Process Mining Market Revolution: AI, RPA, Cloud Power the Future

Process mining market is expected to grow at a compound annual growth rate (CAGR) of 45.6% over the course of the forecast period, from an anticipated USD 1.8 billion in 2023 to USD 12.1 billion by 2028.

 

• Published: July 2024

Top Companies in Functional Endoscopic Sinus Surgery Market - Medtronic plc (Ireland) and Olympus Corporation (Japan) are the Leading Players

The global functional endoscopic sinus surgery market is projected to reach USD 1.7 billion by 2029 from USD 1.2 billion in 2024, at a CAGR of 7.6% during the forecast period. The growing prevalence of chronic sinusitis, increasing preference for MIS, advancements in technology, growing awareness, improved patient outcome, and innovation in surgical techniques to drive the market. However, risks involved in surgeries and higher procedural costs restrain market growth. The Functional endoscopic sinus surgery market is consolidated and is dominated by few players. The major players operating in this market are Medtronic plc (Ireland), Olympus Corporation (Japan), Stryker Corporation (US), B. Braun Melsungen Ag (Germany), and KARL STORZ (Germany).

• Published: July 2024

Aerogel Companies: Market Leaders in Aerogel Market

In terms of value, the aerogel market is estimated to grow from USD 0.89 billion in 2024 to USD 1.63 billion by 2029, at a CAGR of 12.8%. Aerogel market have grown as the mounting technological innovations and advancemnts, rising superior thermal insulation of aerogels and growing energy efficiency regulations. These factors drive the aergoel market.

• Published: July 2024

VCSEL Companies - Coherent Corp. (US) and Lumentum Operations LLC (US) are the Key Players

The VCSEL market was valued at USD 1.3 billion in 2024 and is expected to reach USD 1.9 billion by 2029, registering a CAGR of 8.1% during the forecast period. Growth in the application of VCSELs in data communication, increased adoption of 3D sensing applications in smartphones, and increased usage of facial recognition and biometric security systems are some of the major factors for the growth of the VCSEL market.  The key growth strategies adopted by the market players in the VCSEL market ecosystem to expand their presence in the market, enhance their product portfolios, and increase their market share in the market mainly include new product launches, collaborations, partnerships and acquisitions.

• Published: July 2024

Top Companies in CAR T-cell Therapy Market: Gilead Sciences, Inc. (US) and Novartis AG (Switzerland) are the Leading Players

The CAR T-cell therapy market is projected to reach USD 29.0 billion by 2029 from an estimated USD 5.5 billion in 2024, at a CAGR of 39.6% during the forecast period. The growth of the CAR T-cell therapy market is propelled by growing prevalence of cancer and technological advancements in the CAR T-cell therapy market. Additionally, rising investment and funding for CAR T-cell therapy development is further likely to drive the market growth.

• Published: July 2024

Stone Flooring Companies: Mohawk Industries, Inc. (US) and Shaw Industries Group, Inc. (US) are Leading Players in the Stone Flooring Market

The global stone flooring market size is projected to grow from USD 14.7 billion in 2024 to USD 19.9 billion by 2029, at a CAGR of 6.3% during the forecast period.

• Published: July 2024

Top Companies in Immunotherapy Drugs Market: Merck & Co., Inc. (US), Johnson & Johnson Services, Inc. (US) are the Leading Players

The immunotherapy drugs market is projected to grow from USD 285.3 billion in 2024 to USD 580.6 billion by 2029, with a CAGR of 15.3%. Growing demand for personalized medicines and targeted therapies is expected to drive the market growth. Personalized medicine aims to customize treatments for individual patients based on their genetic makeup, disease characteristics, and other factors. Immunotherapy drugs offer a precise & targeted approach to therapy, aligning with the principles of personalized medicine.

• Published: July 2024

Powering Efficiency: The Energy Management in Railways Market

The railway industry is undergoing a significant transformation. Sustainability is a major focus, with a push towards reducing carbon footprint and optimizing energy consumption. This is where two pivotal markets converge: Railway Management Systems (RMS) and Energy Management in Railways. While they may seem like distinct entities, they share a symbiotic relationship, working together to create a more efficient and eco-friendly railway network.

• Published: July 2024

Top Companies in Wind Turbine Protection Industry - BASF SE (Germany), 3M (US), Akzo Nobel N.V. (Netherlands) and Trelleborg AB (Sweden)

The wind turbine protection market is forecast to reach USD 2.8 billion by 2029 from an estimated USD 1.7 billion in 2024, at a CAGR of 10.5% during the forecast period (2024-2029). The increasing demand for renewable energy sources, operational cost reduction, and growing need for efficient solutions for longer wind turbine life are the key factors driving the wind turbine protection market.

• Published: July 2024

Top Companies in Healthcare Information Exchange Market - Epic Systems Corporation. (US) and Oracle (US) are the Leading Players

The Health Information Exchange market is projected to reach USD  2.8 billion by 2029 from USD  1.7 billion in 2024, at a CAGR 10.2% from 2024  to 2029. The Health Information Exchange market is driven by the increasing adoption of electronic health records (EHRs) and other digital health technologies thus by fostering the need for seamless data exchange among healthcare providers. This demand is further fueled by government initiatives promoting interoperability and data sharing to improve patient care coordination and outcomes. However, funding constraints and resource limitations pose challenges to the adoption and sustainability of HIE initiatives, particularly for smaller healthcare providers and rural healthcare facilities. Additionally, concerns about data privacy, security breaches, and patient consent issues may impede trust and adoption among both healthcare providers and patients, highlighting the need for robust governance frameworks and data protection measures.

• Published: July 2024

EV Composites Companies: Toray Industries, Inc. (Japan) and SGL Carbon (Germany) are Leading Players in the EV Composites Market

The EV composites market is projected to grow from USD 2.3 billion in 2024 to USD 5.1 billion by 2029, at a CAGR of 17.1% during the forecast period.

• Published: July 2024

Top Companies in Climate Adaptation Industry - Baker Hughes Company (US), Exxon Mobil Corporation (US), Climeworks (Switzerland), INTERNATIONAL BUSINESS MACHINES CORPORATION (US), and Vaisala (Finland)

The global Climate adaptation market is projected to grow from an estimated USD 23.2 billion in 2024 to USD 40.4 billion by 2030, demonstrating a CAGR of 9.7% during the forecasted period of 2024-2030. Climate adaptation refers to preparing for and responding to the current and anticipated effects of climate change. It involves modifying processes, practices, and structures to minimize potential damages or capitalize on opportunities linked to climate change.

• Published: July 2024

Top Companies in Software Defined Vehicle Industry - Tesla (US), Li Auto Inc. (China), NIO (China), Rivian (US), XPENG Inc. (China), and ZEEKR (China)

The Software Defined Vehicle market size is projected to grow from USD 213.5 Billion in 2024 to USD 1,237.6 Billion by 2030, at a CAGR of 34.0%. The need for SDV technology to improve the driving experience will rise due to factors like reduced recall and manufacturing costs and personalized client engagement, among others. Further, increased adoption of 5G technology and integration of ADAS and AI in digital cockpits of vehicles are expected to boost demand for SDVs, with advanced FOD and value-added services developing additional revenue streams for OEMs.

• Published: July 2024

Top Companies in Autonomous Trucks Industry - Daimler Truck AG (Germany), AB Volvo (Sweden), Iveco S.p.A. (Netherlands), MAN Truck and Bus SE (Germany)

The autonomous trucks market size is projected to grow from USD 40.7 Billion in 2024 to USD 179.9 Billion by 2035, at a CAGR of 14.4%. Factors such as safety regulations imposed by lawmakers, such as mandates regarding autonomous vehicles, safety, technological advancement in sensors,  and others are expected to increase the demand for autonomous trucks.The autonomous trucks market is dominated by global players such as Daimler Truck AG (Germany), AB Volvo (Sweden), Iveco S.p.A. (Netherlands), MAN Truck and Bus SE (Germany), Robert Bosch GmbH (Germany), Continental AG (Germany), NVIDIA Corporation (US), and others. These companies adopted new product development strategies, expansion, partnerships & collaborations, and mergers & acquisitions to gain traction in the market.

• Published: July 2024

Top Companies in Penetration Testing as a Service - Breachlock (US), Astra Security (India), HackerOne (US) and Guidepoint Security (US)

The global Penetration Testing as a Service market size is projected to grow from USD 118 million in 2024 to USD 301 million by 2029 at a CAGR of 20.5% during the forecast period. The PTaaS market is driven by the increasing frequency and sophistication of cyberattacks, heightened regulatory and compliance requirements, and the expanding adoption of remote work and digital services. Additionally, the growing complexity of IT infrastructures and the need for specialized cybersecurity expertise are compelling organizations to seek outsourced penetration testing services. The cost-effectiveness and scalability of PTaaS solutions also make them appealing to a wide range of businesses, further fueling market growth.

• Published: July 2024

Specialty Super Absorbent Polymer Companies: Nippon Shokubai (Japan) and Chase Corporation (US) are Leading players in the Specialty Super Absorbent Polymer Market

The specialty super absorbent polymer market is expected to grow at a CAGR of 6.5% to reach USD 2.0 billion by 2029 from USD 1.5 billion in 2024. The market growth is driven by various factors, including the significant demand from construction and packaging industry.

• Published: July 2024

Fire Resistant Glass Companies: Vetrotech Saint-Gobain International AG (Switzerland) and SCHOTT AG (Germany) are Leading Players in the Fire Resistant Glass Market

The fire resistant glass market is projected to grow from USD 10.4 billion in 2024 to USD 16.1 billion by 2029, at a CAGR of 9.0% during the forecast period. Fire resistant glass is used to control the spread of fire, hazardous smoke, and transfer of heat in buildings, marine vessels, and oil refineries. It has various fire ratings, ranging between 20 and 180 minutes. It provides fire resistivity between 20 and 180 minutes depending on the area and size limitations that fall under the application building code and/or the authority having the jurisdiction. The fire resistant glass possesses wide range of applications in building & construction, marine, and other applications such as transportation, refineries and aerospace.

• Published: July 2024

Future of Penetration Testing as a Service Industry - Trends and Innovations

The global Penetration Testing as a Service market is projected to expand/grow at a CAGR of 20.5% during the forecast period to reach USD 301 million by 2029, size was valued USD 118 billion in 2024. The Penetration Testing as a Service market is driven by the increasing frequency and sophistication of cyberattacks, heightened regulatory and compliance requirements, and the expanding adoption of remote work and digital services. 

• Published: July 2024

Penetration Testing as a Service Market - Size, Share and Growth Opportunities

The global Penetration Testing as a Service Market size was valued USD 118 million in 2024 and is projected to reach USD 301 million by 2029, at a CAGR of 20.5% during the forecast period. The PTaaS market is driven by the increasing frequency and sophistication of cyberattacks, heightened regulatory and compliance requirements, and the expanding adoption of remote work and digital services.

• Published: July 2024

Top Companies in Threat Hunting Industry - IBM (US) and Kaspersky (Russia)

According to MarketsandMarkets, the threat-hunting market is set to grow significantly. It's expected to be worth around USD 3.4 billion in 2024 and increase to about USD 6.9 billion by 2029 at a CAGR of 14.9% during the forecast period. Cyberattacks' increasing speed and ferocity, driven by adversaries' abilities to compress the time between initial entry and lateral movement within networks, will act as a market driver for the threat hunting industry. As attacks become faster and more sophisticated, organizations will increasingly recognize the necessity of proactive defense measures like threat hunting.

• Published: July 2024

Carbonization Furnace Companies: Market Leaders in Carbonization Furnace Market

The Carbonization furnace market size is projected to grow from USD 263 million in 2024 to USD 425 million by 2029, registering a CAGR of 10.1% during the forecast period. The Carbonization furnace market is experiencing robust growth due to several key factors and opportunities. These furnaces facilitate the transformation of diverse organic waste materials, such as agricultural residues and forestry waste, into biochar, thereby alleviating the pressure on landfills and promoting circular economy principles by converting waste into a valuable resource. As agricultural practices transition towards sustainability, biochar emerges as a natural soil amendment, enhancing crop productivity and reducing reliance on chemical fertilizers. Furthermore, the growing need for carbon credits and the development of carbon markets are driving demand for biochar, consequently boosting the need for carbonization furnaces.

• Published: July 2024

Top Companies in Dental Equipment Market: DENTSPLY SIRONA Inc. (US) and Planmeca Group (Finland) are the Leading Players

The dental equipment market is projected to reach USD 9.3 Billion by 2029 from USD 6.9 Billion in 2024 at a CAGR of 6.2% during the forecast period. Innovations in dental technology, such as 3D printing, digital dentistry, CAD/CAM systems, and laser dentistry, are significantly transforming the dental equipment market, driving robust growth. 3D printing is revolutionizing the production of dental implants, crowns, and bridges by enabling precise customization, reducing production times, and lowering costs. Digital dentistry, incorporating advanced imaging technologies like cone-beam computed tomography (CBCT) and intraoral scanners, enhances diagnostic accuracy and treatment planning, leading to improved patient outcomes. CAD/CAM systems streamline the design and manufacturing of dental restorations, increasing efficiency and precision while minimizing errors. Laser dentistry offers minimally invasive procedures, reducing patient discomfort and recovery times, and is increasingly used for soft tissue surgeries, cavity preparations, and teeth whitening. These technological advancements are not only improving the quality and efficiency of dental procedures but also driving the adoption of modern dental equipment by practitioners seeking to stay competitive and provide high-quality care. Additionally, the integration of artificial intelligence (AI) and machine learning in diagnostic and treatment planning tools further optimizes clinical decision-making and personalized treatment plans. As a result, the dental equipment market is experiencing substantial growth, driven by the continuous development and adoption of cutting-edge technologies that enhance procedural accuracy, efficiency, and patient satisfaction. Compliance with stringent regulatory standards and guidelines for dental equipment can be a significant barrier.

• Published: July 2024

Top Companies in High-Throughput Screening (HTS) Market - Thermo Fisher Scientific Inc. (US) and Agilent Technologies, Inc. (US) are the Leading Players

The global high-throughput screening (HTS) market size is projected to reach USD 50.2 billion by 2029 from USD 28.8 billion in 2024, at a CAGR of 11.8% during the forecast period. Major factors driving the growth of the high throughput screening (HTS) market include rising R&D investments by pharmaceutical and biotechnology companies, ongoing technological advancements in the high throughput screening instruments and systems, and the growing adoption of an open innovation model by pharmaceutical and research institutions. Furthermore, the increasing utilization of High-throughput screening systems for drug repurposing, and novel therapeutic research further supports the market’s growth.

• Published: July 2024

Building Twin Companies - Microsoft (US) and Siemens (Germany) are the Key Players

The building twin market is expected to grow from USD 2.1 billion in 2024 to USD 13.3 billion by 2029, at a CAGR of 44.7% during the forecast period.

• Published: July 2024

Industrial Batteries Companies: Enersys (US) and C&D Technologies, Inc. (US) are Leading Players in the Industrial Batteries Market

The global Industrial Batteries market is projected to grow from USD 21.2 billion in 2024 to USD 34.7 billion by 2029, at a CAGR of 10.3% during the forecast period. The growth of this market is attributed to rising adoption of lithium-ion batteries in renewable energy sector and increasing demand for grid energy storage systems owing to ongoing grid modernization.

• Published: July 2024

Industrial Metaverse Companies - NVIDIA Corporation (US) and Microsoft (US) are the Key Players

The global industrial metaverse market size is estimated to be USD 28.7 billion in 2024 and is projected to reach USD 228.6 billion by 2029, at a CAGR of 51.5% during the forecast period. The key factors fuelling the growth of this market are the rising adoption of digital twins, advancement in core technologies such as AR, VR, AI, and IoT, rising demand for efficiency and optimization in industrial sector, and addressing skill gaps and workforce challenges through industrial metaverse.

• Published: July 2024

Top Companies in Bifacial Solar Industry - LONGi (China), Trinasolar (China) and Canadian Solar (Canada)

The global bifacial solar market is expected to reach USD 37.6 billion by 2029, up from an anticipated USD 18.5 billion in 2024, at a CAGR of 15.2% over the forecast period. Bifacial solar occupies a crucial position in the ongoing global energy transition. The decreasing cost of solar technology, including bifacial panels, makes it more economically viable for large-scale and residential projects.

• Published: July 2024

Battery Testing, Inspection, and Certification Companies - UL LLC(US) and SGS SA (Switzerland) are the Key Players

The battery testing, inspection, and certification market is projected to reach USD 36.7 billion by 2029 from USD 14.9 billion in 2024 at a CAGR of 19.6% during the forecast period.

• Published: July 2024