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  • Electronic Toll Collection Market in the US

    The electronic toll collection market in the US is expected to grow at a CAGR of 6.6% during the forecast period.

    The US is expected to be the major contributor to the growth of the electronic toll collection market in North America. The market growth can be attributed to the strong presence of leading players, an extensive network of roads, and the early and high adoption of transportation solutions. The country is focused on investing in transportation systems to ease vehicle movements. ETC systems in the US primarily utilize technologies such as radio frequency identification (RFID), automatic number plate recognition (ANPR), and satellite-based tracking to facilitate toll payments without requiring vehicles to stop at toll booths. These systems, integrated with pre-registered accounts or linked to credit cards, allow drivers to pass through toll plazas seamlessly, reducing wait times and eliminating the need for manual toll collection. This shift has proven essential in alleviating congestion, particularly in urban areas and along heavily trafficked highways.

    • Published: December 2024

  • Smart Manufacturing Market in Japan

    Japan's smart manufacturing market is experiencing significant growth, driven by robust government initiatives and strategic funding programs focused on enhancing digitalization and automation within the industrial sector. The Ministry of Economy, Trade, and Industry (METI) is leading these efforts through its Connected Industries strategy, which promotes the development of smart factories that utilize cutting-edge technologies such as the Internet of Things (IoT), Artificial Intelligence (AI), and robotics. These technologies are revolutionizing the manufacturing landscape by improving operational efficiency, reducing costs, and increasing production flexibility.

    • Published: December 2024

  • Smart Manufacturing Market in Germany

    The German smart manufacturing market is characterized by its advanced technological infrastructure, strong industrial base, and robust government initiatives aimed at promoting Industry 4.0 adoption. Germany is one of the global leaders in automation and industrial innovation, leveraging technologies such as artificial intelligence, the Internet of Things, and digital twins to enhance production efficiency and operational flexibility. The market benefits from substantial investments in research and development, a skilled workforce, and the presence of renowned manufacturing firms and solution providers. For instance, according to the International Trade Administration, U.S. Department of Commerce, by 2025, 84 percent of German manufacturers plan to invest approximately USD 10.5 billion annually in smart manufacturing, with substantial contributions from the automotive, machinery, electronics, and metalworking industries.

    Additionally, government programs such as Industrie 4.0 and partnerships between academic institutions and industries are crucial in fostering innovation and technology integration within the sector.

    • Published: December 2024

  • Smart Manufacturing Market in US

    The US smart manufacturing market is experiencing a significant transformation driven by the adoption of advanced technologies such as artificial intelligence, the Internet of Things (IoT), robotics, and Big Data analytics. This shift, often referred to as Industry 4.0, is enabling manufacturers to enhance operational efficiency, optimize resource usage, and reduce costs while improving product quality and supply chain management. The market is characterized by a growing emphasis on automation and digital solutions, which facilitate real-time data monitoring and predictive analytics, ultimately leading to more agile decision-making processes.

    • Published: December 2024

  • Automated Storage Retrieval System (ASRS) Market in Germany

    The Germany’s ASRS market is witnessing rapid growth, driven by the country’s industrial leadership, emphasis on automation, and the increasing need for efficient logistics solutions. As a global hub for manufacturing and engineering excellence, Germany has embraced ASRS technologies to optimize material handling processes, enhance operational efficiency, and address labor shortages.

    With the rise of Industry 4.0 and smart factory initiatives, ASRS systems have become integral to modern supply chains, supporting Germany’s position as a leader in industrial innovation.

    • Published: December 2024

  • Automated Storage Retrieval System (ASRS) Market in Japan

    Japan's ASRS market is witnessing high growth attributed to advances in automation technologies, labor shortages, and the country's focus on operational efficiency. Since Japan is a highly industrialized economy with a highly developed manufacturing base, it has been one of the prominent adopters of ASRS technologies. The systems improve warehouse operations through automation, optimizing material handling, and providing better inventory management with reduced cost of operations.

    As industries strive to address logistical challenges and meet increasing customer demands, ASRS has emerged as a critical solution for achieving streamlined operations and ensuring long-term competitiveness.

    • Published: December 2024

  • Automated Storage and Retrieval System (ASRS) Market in US

    The United States ASRS market is proliferating. The factors driving the growth are increased e-commerce activities, labor shortages, and the need for efficient warehouse operations. ASRS technology is widely used in retail, food and beverage, healthcare, and logistics industries to optimize storage and retrieval processes. Industry 4.0 practices, along with advancements in robotics and warehouse management software, are helping in the rapid deployment of ASRS solutions. Such systems will provide higher accuracy, faster order fulfillment, and better inventory control in modern supply chains.

    • Published: December 2024

  • Manufacturing Execution Systems Market in Germany

    The Manufacturing Execution Systems (MES) market in Germany is vital to the country's robust manufacturing sector. As a leader in the automotive, chemical, and machinery industries, Germany is witnessing a significant shift towards digitalization and automation, driven by the principles of Industry 4.0. MES solutions are increasingly adopted to optimize production processes, enhance real-time data visibility, and improve decision-making capabilities. The market for MES in Germany is expected to reach USD 1865 by 2029 from USD 1089 in 2023, growing at a CAGR of approximately 9.7%.

    • Published: December 2024

  • Manufacturing Execution Systems Market in Japan

    Japan is well known globally for its technologies and developments in the electronics industry. The rising need for automation devices in the water & wastewater industry and favorable government incentives are key factors driving the manufacturing execution systems market in the country. Japanese manufacturers are renowned for their focus on quality and precision, ingrained in their monozukuri culture. MES software that enhances quality control, defect prevention, and process traceability is highly valued. Robust growth of the industrial and manufacturing sectors has also boosted the growth of the country's market. The market for MES in Japan is expected to reach USD 1453 in 2029 from USD 914 in 2023, growing at a CAGR of approximately 8.0%.

     

    • Published: December 2024

  • Manufacturing Execution Systems Market in US

    The manufacturing execution systems market in the US is driven by many factors, such as industrial automation, supportive government programs, and the rise of Industry 4.0 and smart manufacturing initiatives. Furthermore, the increasing complexity of manufacturing processes is boosting the demand for MES. The US has employed the DIN EN 62264 standard for manufacturers, users, and system integrators. It is based on IEC 62264 (Enterprise Control System Integration) of the Instrumentation, Systems, and Automation Society (ISA). It enables the transfer of information between the manufacturing execution system and enterprise resource planning (ERP). The market for MES in the USA is expected to reach USD 5425 in 2029 from USF 3216 in 2023, growing at a CAGR of approximately 9.5%.

     

    • Published: December 2024

  • Market Leaders - Future of Manufacturing

    The manufacturing world is currently in a plight for a move that seeks to determine how factories are run tomorrow. The “Future of Manufacturing study” captures these shifts, which provides quite a vision of manufacturing in the year 2030. The study will benefit everybody engaged in the manufacturing sphere, starting from factory managers and equipment makers to technology companies and the government.

    • Published: December 2024

  • Germany AI Chip Market Key Drivers and Emerging Trends

    The growing demand for data centers is an essential driver of AI chip adoption in Germany, because business and industries need advanced infrastructure to handle growing data processing needs.

    • Published: December 2024

  • Tunable Diode Laser Analyzer (TDLA) Companies - Emerson Electric Co. (US) and Spectris (UK) are the Key Players

    The Tunable diode laser analyzer (TDLA) market is projected to grow from USD 546.2 million in 2024 and is projected to reach USD 884.4 million by 2031; it is expected to grow at a CAGR of 7.1% from 2024 to 2031. The major factors driving the market growth of the tunable diode laser analyzer (TDLA) market include modernization and migration services and a growing need for advanced environmental monitoring.

    • Published: December 2024

  • Top Companies in Modular UPS Industry - Huawei (China) and ABB (Switzerland)

    The modular UPS market is expected to grow at a Compound Annual Growth Rate (CAGR) of 9.8% during the forecast period, from USD 5.44 billion in 2024 to USD 9.52 billion by 2030. Modern Modular UPS systems are power backup systems designed for critical applications across industries with business optimization, power reliability, and availability. Modular UPS systems have interchangeable modules so businesses can have readily scalable and maintainable systems without disruption. The key features include energy efficiency, speed of installation, and simple integration, making them essential for industries requiring robust power management.

    • Published: December 2024

  • Japan AI Chip Market Growth Drivers and Emerging Opportunities

    The data center infrastructure of the country is expanding and will lead to significant growth in the AI chip market. As of September 2023, Japan has 68 data centers, which is a leader in the Asia-Pacific region, showing the commitment of the country in building up its digital backbone. Japan's AI chip market is growing at high rate as the country is rapidly expanding its data center infrastructure. Rising adoption of cloud computing, big data analytics, and IoT technologies creates a huge demand for AI-driven solutions. 

    • Published: December 2024

  • Growth and Trends in US AI Chip Market

    The US AI chip market is growing at a high rate, fueled by developments in artificial intelligence technologies, such as LLMs, GenAI, and improvements in inference capabilities.

    • Published: December 2024

  • US NDT and Inspection Market

    According to MarketsandMarkets, the US NDT and Inspection market is projected to grow from USD 2.88 billion in 2024 to reach USD 4.53 billion by 2029; it is expected to grow at a CAGR of 9.5% from 2024 to 2029.

    • Published: December 2024

  • Japan Management System Certification Market Growth Projected to Reach USD 2.07 Billion by 2029

    According to MarketsandMarkets, the Japan Management System Certification market is projected to grow from USD 1.76 billion in 2023 to reach USD 2.07 billion by 2029; it is expected to grow at a CAGR of 2.59% from 2024 to 2029.

    • Published: December 2024

  • Japan NDT and Inspection Market

    According to MarketsandMarkets, the Japan NDT and Inspection market is projected to grow from USD 0.79 billion in 2024 to reach USD 1.31 billion by 2029; it is expected to grow at a CAGR of 10.7% from 2024 to 2029.

    • Published: December 2024

  • US Building Information Modeling (BIM) Market Growth, Drivers, and Challenges

    According to MarketsandMarkets, the US Building Information Modeling market is projected to grow from USD 2.09 billion in 2024 to reach USD 3.86 billion by 2029; it is expected to grow at a CAGR of 13.08% from 2024 to 2029.

    • Published: December 2024

  • US Management System Certification Market Growth Projected to reach USD 9.65 Billion by 2029

    According to MarketsandMarkets, the US Management System Certification market is projected to grow from USD 7.76 billion in 2023 to reach USD 9.65 billion by 2029; it is expected to grow at a CAGR of 3.72% from 2024 to 2029.

    • Published: December 2024

  • Japan Building Information Modeling (BIM) Market Growth, Drivers, and Challenges

    According to MarketsandMarkets, the Japan Building Information Modeling market is projected to grow from USD 0.46 billion in 2024 to reach USD 0.84 billion by 2029; it is expected to grow at a CAGR of 13.07% from 2024 to 2029.

    • Published: December 2024

  • Germany Building Information Modeling (BIM) Market Growth, Drivers, and Challenges

    According to MarketsandMarkets, the Germany Building Information Modeling market is projected to grow from USD 0.58 billion in 2024 to reach USD 1.09 billion by 2029; it is expected to grow at a CAGR of 13.25% from 2024 to 2029.

    • Published: December 2024

  • Germany Management System Certification Market to Reach USD 3.50 Billion by 2029

    According to MarketsandMarkets, the Germany Management System Certification market is projected to grow from USD 2.79 billion in 2023 to reach USD 3.50 billion by 2029; it is expected to grow at a CAGR of 3.99% from 2024 to 2029.

    • Published: December 2024

  • Germany NDT and Inspection Market

    According to MarketsandMarkets, the Germany NDT and Inspection market is projected to grow from USD 0.83 billion in 2024 to reach USD 1.20 billion by 2029; it is expected to grow at a CAGR of 7.7% from 2024 to 2029.

    • Published: December 2024

  • 3D Metrology Market In US

    According to MarketsandMarkets, the US 3D metrology market is projected to grow from USD 2.79 billion in 2024 to reach USD 3.78 billion by 2029; it is expected to grow at a CAGR of 6.2 % from 2024 to 2029. The market in the US is driven by advancements in key industries such as aerospace, automotive, and healthcare. The push toward automation and Industry 4.0 adoption has heightened the need for precise quality control and inspection tools. Strong government initiatives, like the CHIPS Act for semiconductor manufacturing and infrastructure investments, further fuel demand.

    • Published: December 2024

  • 3D Metrology Market In Japan

    According to MarketsandMarkets, the 3D metrology market in Japan is projected to grow from USD 1.05 billion in 2024 to reach USD 1.55 billion by 2029; it is expected to grow at a CAGR of 8.1% from 2024 to 2029. Japan’s 3D metrology market is characterized by strong investments in R&D and a robust domestic production base. Government initiatives such as "Society 5.0," which aim to integrate digital and physical technologies across industries, further propel the adoption of metrology solutions. Additionally, the country’s focus on digital transformation and smart manufacturing aligns with the integration of AI and IoT into metrology systems, boosting operational efficiency and quality control.

    • Published: December 2024

  • US Fire Protection System Market Growth, Regulations and Technological Advancements

    The US fire protection system market is a critical component of public safety and infrastructure resilience. This growth is driven by increasing awareness of fire hazards, stringent regulatory requirements, and technological advancements that enhance fire safety measures across various sectors, including commercial, industrial, and residential applications.

    • Published: December 2024

  • Germany 3D Metrology Market

    According to MarketsandMarkets, the 3D metrology market in Germany is projected to grow from USD 0.90 billion in 2024 to reach USD 1.19 billion by 2029; it is expected to grow at a CAGR of 5.8 % from 2024 to 2029. Germany's robust industrial base, coupled with advancements in AI, Industry 4.0 initiatives, and increasing adoption in diverse sectors, positions its 3D metrology market for sustained growth. With a focus on innovation and quality, the country is set to remain a key player in the global metrology landscape, paving the way for cutting-edge manufacturing technologies.

    • Published: December 2024

  • Germany Fire Protection System Market Growth, Regulations and Technological Advancements

    The fire protection system market in Germany is a vital segment of the broader safety and security industry, characterized by robust growth and increasing demand for advanced fire safety solutions. This growth is driven by stringent regulations, rising awareness of fire safety, and advancements in technology that enhance fire protection systems across various sectors, including commercial, industrial, and residential applications.

    • Published: December 2024

  • Germany Industrial Robotics Market

    Germany occupies a prominent role in the industrial robotics market, functioning as a major consumer and provider of advanced robotic technologies. With its strong manufacturing base and a steadfast focus on automation and technological innovation, German companies, such as KUKA, and Siemens, have emerged as global leaders in industrial robotics, offering a comprehensive array of robotic systems and solutions.

    • Published: December 2024

  • US Industrial Robotics Market

    The US has become one of the largest markets for industrial robotics. The Robotic Industries Association (RIA) identifies automotive, life sciences, warehousing, semiconductor, and electronics as the main industries using robots in the US. The US is a top investor in the automotive sector, with significant investments in vehicle assembly, engine, and transmission plants. This has led to a positive impact on the traditional industrial robot market. It is expected to continue to have the largest share of this market as robots are increasingly used in small and medium-sized companies to enhance productivity and product quality. Many companies involved in the industrial robot industry are expanding their operations in the US.

    • Published: December 2024

  • Japan Industrial Robotics Market

    Japan is one of the leading producers of electric vehicles globally. The introduction of fully electric and hybrid vehicles in the upcoming years is expected to stimulate the industrial robotics market due to new assembly line processes. Competition from global manufacturers in China and South Korea has resulted in declining consumer electronics products. However, there is anticipated high demand for electronic components, such as sensors and displays, in the export market. With FANUC (Japan) and Yaskawa (Japan) as top players in the industrial robotics market, steady growth is expected in Japan. There is significant potential for automation due to its aging population. The increasing labor cost from the aging population drives demand for industrial robots.

    • Published: December 2024

  • Japan Microgrid Market Growth Projected to Reach $4.73 Billion by 2029

    According to MarketsandMarkets, the Japan microgrid market is projected to grow from USD 1.60 billion in 2023 to reach USD 4.73 billion by 2029; it is expected to grow at a CAGR of 19.5% from 2024 to 2029.

    • Published: December 2024

  • Top Companies in Variable Frequency Drive Industry - ABB (Switzerland) and Siemens (Germany)

    The Variable Frequency Drive market is projected to reach USD 32.00 billion by 2030 from an estimated USD 24.68 billion in 2025, at a CAGR of 5.3% during the forecast period (2025–2030). The VFD market is registering high growth from factors including increased industrialization, demand for energy efficiency increases, a rising need for energy efficiency improvement and energy consumption reduction, increasing penetration of connected devices in diverse sectors, and government regulations and policies for saving energy. The surge demand of VFD due to their advantages such as dynamic torque control energy saving and adjustability of speed by industries like oil and gas, automotive, and power generation also represents major drivers in the market in a positive direction.

    • Published: December 2024

  • Top Companies in Causal AI Industry - IBM (US), Google (US) and Microsoft (US)

    The global market for Causal AI is anticipated to grow at a compound annual growth rate (CAGR) of 41.8% over the course of the forecast period, from an estimated USD 56.2 million in 2024 to USD 456.8 million by 2030. The growing demand for causal insights to enhance decision-making in machine learning models is driving the growth of the Causal AI market. The increasing use of AI in industries like healthcare, finance, and supply chain has shifted attention to understanding cause-and-effect connections instead of just looking at correlations. Companies are making significant investments in advanced causal inference techniques, integrating specialized knowledge, and utilizing innovative simulation methods to improve forecasting and tactics. Required rules for transparent AI and managing risks in crucial sectors have also quickened the rate of growth. Privacy regulations greatly influence the use of privacy-preserving causal methods and ethical AI practices that adhere to data protection laws.

    • Published: December 2024

  • Spray Pyrolysis Companies - Market Leaders in the Spray Pyrolysis Market

    The spray pyrolysis market size is projected to grow from USD 167.3 million in 2024 to USD 234.2 million by 2029, registering a CAGR of 7.0% during the forecast period. The global demand for spray pyrolysis equipment is on the rise due to expanding applications in end use industries, particularly in emerging economies. Moreover, the escalating use of spray pyrolysis systems in end use industries like energy & utilities, electronics & semiconductors, pharmaceuticals & biotechnology and others increases the need for spray pyrolysis equipment.

    • Published: December 2024

  • Top Companies in Emotion AI - IBM (US) Microsoft (US)

    Emotion AI market is estimated to grow from USD 2.74 billion in 2024 to USD 9.01 billion by 2030 at a CAGR of 21.9% during the forecast period. Several key factors are driving significant growth of the Emotion AI market. The first is an increasing need for enriched customer experiences, driven by Emotion AI adoption in business to decode and react to consumer emotions and build engagement and loyalty. Secondly, advancements in AI & Machine Learning technologies make it possible to derive better and more sophisticated emotion recognition capabilities, that is, real-time emotional insights. The application of Emotion AI in healthcare and education fields is being transformed by personalized support, better patient care, and improved learning experiences, expanding the reach of the technology into almost any industry.

    • Published: December 2024

  • Eco-Friendly Plasticizers Companies - BASF (Germany) and Eastman Chemical Company (United States) are Leading Players in the Eco-Friendly Plasticizers Market

    The eco-friendly plasticizers market is projected to reach USD 7.55 billion by 2030 from USD 5.03 billion in 2024, at a CAGR of 7.0% during the forecast period. The eco-friendly plasticizer market has good growth prospects in the next years because of growing pressures from both the regulatory end and consumer demand for sustainable alternatives in various sectors including construction, automotive, and consumer goods stay strong. Demand will build, driven by stringent environmental regulations and the allure of more environmentally friendly products, for eco-friendly plasticizers. Additionally, with the practice of a circular economy growing, demand for eco-friendly plasticizers will be at all-time highs. The practice encourages innovation among manufacturers in finding bio-degradable products, thus creating new opportunities in product development and market expansion. An increased emphasis on sustainability becomes closely aligned with global efforts toward the reduction of plastic waste and gives rise to environmentally friendly plasticizers as an important factor in the shift toward more sustainable manufacturing practices.

    • Published: December 2024

  • Top Companies in Pea Starch Industry - Ingredion (US), Roquette Frères (France) and Puris (US)

    The pea starch market is estimated at USD 426.9 million in 2024 and is projected to reach USD 671.8 million by 2029, at a CAGR of 9.5% from 2024 to 2029. Several primary drivers such as the rising demand for canned foods, are driving the growth of the pea starch market. Also, factors such as increasing organic and clean-label packaged foods, food hygiene, and increasing demand for ready-to-eat products are driving the market. Moreover, the surging demand for pea starch in the pet food industry holds several opportunities for the markets in the coming years.

    • Published: December 2024

  • Huhtamaki Oyj (Finland) and Berry Global Group Inc. (US) are Leading Players in the Flexible Packaging Market

    The market for flexible packaging is approximated to be USD 291.56  billion in 2024, and it is projected to reach USD 368.82 billion by 2029, at a CAGR of 4.8%.

    • Published: December 2024

  • Electronic Chemicals CDMO & CRO Companies - Sajjan India Ltd. (India) and AGC Inc. (Japan) are Leading Players in the Electronic Chemicals CDMO & CRO Market

    The electronics chemicals CDMO and CRO market is projected to reach USD 0.66 billion by 2029, at a CAGR of 6.8% from USD 0.48 billion in 2024. The electronics industry has been growing at a pace that is creating demand for more sophisticated materials and chemicals in semiconductor production, displays, and consumer electronics, which are driving the CDMO and CRO markets. The miniaturization of electronic components and growing demands for advanced technologies such as 5G, 6G, and electric vehicles have necessitated an increase in the demand for chemicals such as etching, photoresist, and cleaning, used in manufacturing processes.

    • Published: December 2024

  • Top Companies in Cybersecurity Certification Industry - SGS (Switzerland) and DEKRA (Germany)

    The global Cybersecurity Certification market size is projected to grow from USD 3,987.6 million in 2024 to USD 8,033.5 million by 2030 at a Compound Annual Growth Rate (CAGR) of 12.4% during the forecast period.  As cyber threats evolve and there are fewer skilled professionals to combat them, the need for cybersecurity certifications is rising on a daily basis. This gap makes an organization retrain employees through certification programs so that they may be better equipped to handle risks presented by these threats. Stricter regulations such as GDPR also require teams to be certified for proper risk management. It enhances the security of organizations and, at the same time, uplifts employees' skills as well as confidence in handling high-tech risks. That pushes more companies into adopting cybersecurity certifications to stay protected and prepared.

    • Published: December 2024

  • Advanced Elastomers Companies - Market Leaders in the Advanced Elastomers Market

    The Advanced elastomers market size is projected to grow from USD 6.0 billion in 2024 to USD 7.8 billion by 2029, registering a CAGR of 5.3% during the forecast period. The Advanced elastomers market is experiencing robust growth due to several key factors and opportunities. One of the key drivers driven by the rising demand from industries such as automotive, aerospace, and construction, for which the aforementioned properties are important. In the aerospace industry, too, weight reduction and durability offered by advanced elastomers are realized quite uniquely, which find uses in everything from insulation to vibration dampening. Also, advanced elastomers increasingly find applications in waterproofing, sealing, and insulation in the construction industry, as sustainable and long-term building materials are growing in demand. Development of elastomer technologies to advanced properties and augmented application areas, concurrently with a growing focus on sustainability and energy efficiency.

    • Published: December 2024

  • Medical Elastomer Companies - BASF (Germany) and Dow (US) are Leading Players in the Medical Elastomer Market

    The medical elastomer market is expected to grow at a CAGR of 8.3% to reach USD 14.27 billion by 2029 from USD 9.57 billion in 2024. The factors like growing demand for medical devices for medical & pharmaceutical applications are significantly driving the market growth. The key global players in the medical elastomer market, such BASF (Germany), Dow (US), Celanese Corporation (US), Eastman Chemical Company (US), Syensqo (Belgium), Mitsubishi Chemical Group Corporation (Japan), Kuraray Co., Ltd. (Japan), ExxonMobil (US), Momentive Performance Materials (US), Envalior (Germany) and Zeon Corporation (Japan) have a strong foothold in their respective regions and are exploring geographic diversification options to expand their businesses. They are focusing on increasing their market shares through new product launches, mergers and expansions.

    • Published: December 2024

  • Top Companies in Cancer Vaccines Market: Merck & Co., Inc. (US) and GSK plc (UK) are the Leading Players

    The global cancer vaccines market is anticipated to reach USD 15.00 billion in 2032 from USD 9.84 billion in 2024, with a significant CAGR of 5.4%. Increased investments in research and development of neoantigen cancer vaccines and technological advancements are some of the factors driving the market's growth. Furthermore, the shift towards preventive healthcare and the rising incidence of cancer is increasing the demand for cancer vaccines, further boosting the market's growth.

    • Published: December 2024

  • Top Companies in AI in Oncology Market: Siemens Healthineers (Germany), GE Healthcare (US), Medtronic (Ireland) are the Leading Players

    The AI in oncology market is projected to reach USD 11.52 billion by 2030 from USD 2.45 billion in 2024, at a CAGR of 29.4% from 2024 to 2030. The major factors driving the growth of market include high prevalence of cancer, early cancer diagnosis, precison oncology, and support in drug discovery process. In case of precision oncology, AI helps to analyze genetic, clinical, and lifestyle information efficiently and then develop tailored treatment strategies for individual patients. Further, AI plays a giant role to support drug discovery process by indentifying the potential candidates for trials and by analyzing their efficacy. AI also helps in early cancer diagnostics by integrating with imaging tools such as MRI, and CT scans, among others and identifying accurate cancer interpretation.

    • Published: December 2024

  • AbbVie Inc. (US) and Galderma (Switzerland) are Leading Players in the Medical Aesthetics Market

    The global medical aesthetics market is projected to reach USD 40.70 billion by 2031, growing from USD 19.54 billion in 2025, at a CAGR of 13.0% during the forecast period. The global medical aesthetics market is evolving structurally, moving from a specialized, physician-led cosmetic market to a mainstream, technologically advanced healthcare specialty with solid clinical, consumer, and business foundations. The rising demand for minimally invasive and non-invasive aesthetic procedures, growing societal acceptance of aesthetic treatments across genders and age groups, and ongoing innovation in energy-based devices, injectables, and regenerative aesthetics are contributing to the market growth. Medical aesthetics is one of the fastest-growing markets within the larger medical device and specialty therapeutics landscape due to the convergence of dermatology, plastic surgery, and aesthetic medicine.

    • Published: December 2024

  • Extended Reality Companies - Meta Platforms Inc. (US) and Sony Group Corp. (Japan) are the Key Players

    The extended reality market is projected to reach USD 84.86 billion by 2029 from USD 24.42 billion in 2024 at a CAGR of 28.3% during the forecast period.

    • Published: December 2024

  • Top Companies in Truck Refrigeration Unit Industry - Carrier Transicold (US), Thermo King (US), Daikin Industries, Ltd. (Japan), Webasto Group (Germany), and Denso Corporation (Japan)

    The Truck refrigeration unit market is projected to grow from USD 6.83 billion in 2024 to USD 8.83 billion by 2030, at a CAGR of 4.4%. The growth of this market can be attributed to the rising demand for e-commerce (online grocery & food items), cold chain solutions in the chemical and pharmaceutical industry, and overall growth in the food & beverages industry.

    • Published: December 2024

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