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District Heating Companies - Fortum (Finland) and Vattenfall (Sweden) are the Key PlayersThe global district heating market is expected to be valued at USD 191.5 billion in 2023 and is projected to reach USD 242.1 billion by 2028; it is expected to grow at a CAGR of 4.8% from 2023 to 2028. Market participants have adeptly addressed rising district heating demands in diverse industries, extending their global reach through strategic growth approaches like introducing new products, acquiring assets, forging partnerships, fostering collaborations, establishing alliances, and expanding their operations. ...... Read More |
November 20, 2023 |
Oxford Immunotec (UK), Cellular Technology Limited (US) and Mabtech (Sweden) are Leading Players in the ELISpot and FluoroSpot Assay MarketThe global ELISpot and FluoroSpot Assays Market is expected to reach USD 421 million by 2028 from USD 292 million in 2023, at a CAGR of 7.6% during the forecast period. The growth of this market is majorly driven by accelerating immunization development to address challenges of antimicrobial resistance. However, strict requirements for consent of ELISpot and FluoroSpot assay’ instruments and consumables is one of the challenges for which may obstruct the growth of this market. ...... Read More |
November 20, 2023 |
Google (US), OpenAI (US) and Twelve Labs (US) are leading players in Multimodal AI MarketThe multimodal AI market is expected to grow from USD 1.0 billion in 2023 to USD 4.5 billion in 2028, at a CAGR of 35.0% during the forecast period. The multimodal AI market is driven by various factors, such as the need to analyze unstructured data in multiple formats drives the multimodal AI market, the ability of multimodal AI to handle complex tasks and provide a holistic approach to problem-solving, Generative AI techniques to accelerate multimodal ecosystem development and the availability of large-scale machine learning models that support multimodality. ...... Read More |
November 20, 2023 |
Smart Locker Companies - Ricoh (Japan) and Pitney Bowes, Inc (US) are the Key PlayersThe global smart locker market to grow from USD 2.1 billion in 2023 to USD 3.6 billion in 2028 at a CAGR of 11.6% during the forecast period. The expansion of the smart lockers market is driven by the rise in e-commerce, growing urbanization and population density, the need for contactless solutions, and technological advancements like IoT and RFID integration. These elements together foster the adoption of smart lockers, providing secure and effective solutions for parcel delivery, addressing last-mile challenges, and streamlining package management.. ...... Read More |
November 20, 2023 |
Environmental Sensor Companies - Sensirion AG (Switzerland) and Honeywell International Inc. (US) are the Key PlayersThe growth of the environmental sensor market is driven by health and safety concerns and growing demand for environmental sensors from manufacturers of consumer electronics. ...... Read More |
November 17, 2023 |
Microsoft (US), IBM (US) and Nutanix (US) are leading players in Edge AI Software MarketThe global market for Edge AI Software is projected to grow from USD 1.1 billion in 2023 to USD 4.1 billion by 2028, at a CAGR of 30.5% during the forecast period. Edge AI software is rapidly gaining traction in various industries, revolutionizing how businesses operate and interact with their customers. This technology enables real-time data processing and decision-making at the edge of the network, closer to the data source, reducing latency and improving efficiency. Its applications span across diverse sectors, from manufacturing and healthcare to retail and transportation, optimizing processes, enhancing customer experiences, and driving innovation. The edge AI software market is poised for significant growth, fueled by advancements in hardware, the rise of IoT devices, and the increasing demand for intelligent, real-time solutions. ...... Read More |
November 16, 2023 |
Head-Up Display Companies - Continental AG (Germany) and DENSO CORPORATION (Japan) are the Key PlayersThe head-up display market is expected to reach USD 3.3 billion by 2028 from 1.5 billion in 2023, at a CAGR of 16.7% during the 2023- 2028 period. The major players in the head-up display market with a significant global presence include Nippon Seiki Co., Ltd. (Japan), Continental AG (Germany), DENSO CORPORATION (Japan), Robert Bosch GmbH (Germany), Visteon Corporation (US), BAE Systems (UK), YAZAKI Corporation (Japan), Pioneer Corporation (Japan), Panasonic Holdings Corporation (Japan), Garmin Ltd. (US), Thales (France), E-LEAD ELECTRONIC CO. LTD (Taiwan), Honeywell International Inc. (US), MicroVision (US), Collins Aerospace (US), Renesas Electronics Corporation (Japan), STMicroelectronics (Switzerland), ALPS ALPINE CO., LTD. (Japan), Elbit Systems Ltd. (Israel), Saab AB (Sweden), Vuzix (US), Foryou Corporation (US), HARMAN International (US), HUDWAY, LLC (US), WayRay AG (Switzerland), Envisics (UK), Texas Instruments Inco ...... Read More |
November 16, 2023 |
Spectris (UK) and Danaher (US) are Leading Players in the Particle Size Analysis MarketThe global particle size analysis market is projected to reach USD 596 million by 2028 from USD 446 million in 2023, at a CAGR of 6.0% from 2023 to 2028. The factors driving the growth of the market are increasing research activities in the field of nanotechnology are the market growth. ...... Read More |
November 10, 2023 |
Spectris (UK) and Danaher (US) are Leading Players in the Particle Size Analysis MarketThe global particle size analysis market is projected to reach USD 596 million by 2028 from USD 446 million in 2023, at a CAGR of 6.0% from 2023 to 2028. The factors driving the growth of the market are increasing research activities in the field of nanotechnology are the market growth. ...... Read More |
November 10, 2023 |
PI Advanced Material Co., Ltd. (South Korea) and DuPont (US) are Leading Players in the Polyimide Films & Tapes MarketThe polyimide films & tapes market is estimated to be USD 1.3 billion in 2023 and is projected to reach USD 1.8 billion by 2028, at a CAGR of 8.7% from 2023 to 2028. Polyimide films and tapes are Known for their remarkable high-temperature resilience. Polyimide films & tapes can withstand a wide temperature range and maintain their mechanical and electrical qualities. Hence, it is advantageous in applications where other materials deteriorate or fail in high heat. ...... Read More |
November 10, 2023 |
Market Leadership - Veterinary Equipment and Supplies MarketThe veterinary equipment and supplies market is estimated to be worth USD 2.2 Billion in 2023 and is projected to reach USD 3.2 Billion by 2028, at a CAGR of 7.1% during the forecast period. Increase in the companion animal population, rising veterinary equipment applications in veterinary practices, increasing applications of telemedicine & remote monitoring equipment, increase in the veterinary healthcare expenditure are the major trends in veterinary equipment and supplies market. ...... Read More |
November 10, 2023 |
BASF SE (Germany), Berry Global Inc. (US) and Dow (US) are leading players in Mulch Films MarketThe market for mulch films is estimated at USD 7.8 billion in 2023; it is projected to grow at a CAGR of 6.5% to reach USD 10.6 billion by 2028. According to The Food and Agriculture Organization of the United Nations (FAO), the use of mulch films is becoming increasingly sophisticated and specialized. For instance, biodegradable and bio-based mulch films are becoming more popular as they offer a more sustainable option for farmers. ...... Read More |
November 10, 2023 |
SAP (Germany), Landbell Group (Germany) and Anthesis Group (UK) are leading players in Digital Circular Economy MarketThe global digital circular economy market is projected to register a CAGR of 24.3% during the forecast period, reaching USD 6.7 billion by 2028 from an estimated USD 2.2 billion in 2023. The growth of circular economy digital solutions is propelled by a convergence of factors. These include government initiatives and regulations encouraging businesses to adopt circular practices, a heightened awareness among consumers about sustainability, and infusion of AI and blockchain in enhancying recycling processes. ...... Read More |
November 10, 2023 |
KYOCERA Corporation (Japan) and Murata Manufacturing Co., Ltd. (Japan) are Leading Players in the Ceramic Substrates MarketIn terms of value, the ceramic substrates market is estimated to grow from USD 7.6 billion in 2023 to USD 10.3 billion by 2028, at a CAGR of 6.2%. The ceramic substrate market is poised for growth due to the rising demand for advanced architecture and the miniaturization of electronic devices. Additionally, the preference for ceramic substrates over traditional metal ones is on the rise. Nevertheless, the market faces challenges such as fluctuations in raw material prices. On a positive note, the increasing demand for nanotechnology and high-performance computing systems presents lucrative opportunities for this industry. ...... Read More |
November 9, 2023 |
BASF SE (Germany) and Dow Inc. (US) are Leading Players in the Plastic Additives MarketIn terms of value, the plastic additives market is estimated to grow from USD 43.5 billion in 2023 to USD 57.0 billion by 2028, at a CAGR of 5.6%. Rising demand of plastic additives from industries such as packaging, construction, consumer goods, automotive, and others for variety of applications is leading the market. During the forecast period, this is anticipated to expand the plastic additives market even more. ...... Read More |
November 9, 2023 |
BASF SE (Germany), Yara International ASA (Norway), and Coromandel International Ltd (India) are leading players in Agricultural Micronutrients MarketThe agricultural micronutrients market is estimated at USD 4.5 billion in 2023 and is projected to reach USD 6.9 billion by 2028, at a CAGR of 8.6% from 2023 to 2028. ...... Read More |
November 8, 2023 |
VMware (US) and Cisco (US) are leading players in Zero Trust Architecture MarketThe global zero trust architecture market size is projected to grow from USD 17.3 billion in 2023 to USD 38.5 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 17.3% during the forecast period. The zero trust architecture market’s growth is fueled by the concurrence of digital transformation and the widespread adoption of cloud environments. This transition results in a highly interconnected IT landscape, expanding the attack surface and necessitating a security framework capable of safeguarding data and applications across multiple cloud platforms. ...... Read More |
November 8, 2023 |
Okta (US), Microsoft (US) and Thales (France) are leading players in IDaaS MarketThe global IDaaS market size is projected to grow from USD 7.0 billion in 2023 to USD 21.4 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 25.0% during the forecast period. The rise in identity and authentication frauds is propelling the expansion of the IDaaS market. ...... Read More |
November 8, 2023 |
NVIDIA Corporation (US) and Exscientia (UK) are Leading Players in the Artificial Intelligence in Drug Discovery MarketThe artificial intelligence (AI) in drug discovery market is projected to reach USD 4.9 billion by 2028 from USD 0.9 billion in 2023, at a CAGR of 40.2% during the forecast period. Growth in this market is primarily driven by the need to accelerate process and timeline and reduce costs of drug development and discovery and growing number of cross-industry collaborations and partnerships. The substantial upsurge in accessible biomedical data, including genomics, proteomics, and chemical architectures, has increased the the utilization of AI technologies to extract valuable insights. AI modalities, notably machine learning and deep learning, demonstrate proficiency in handling and dissecting this extensive dataset. However, the lack of suitable datasets to feed ai models and lack of access to proprietary databases are expected to hamper the growth of this market during the forecast period to a certain extent. ...... Read More |
November 7, 2023 |
Elkem (Norway) and RFA International (Switzerland) are Leading Players in the Ferro Silicon MarketThe ferrosilicon market is projected to reach USD 12.9 billion by 2028, at a CAGR of 3.4% from USD 10.9 billion in 2023. The market growth is driven by influencing factors such as robust demand for steel in automotive, construction, manufacturing industry, and growing focus on renewable energy to reduce carbon emissions. ...... Read More |
November 7, 2023 |
Netskope (US), Palo Alto Networks (US) and Cisco (US) are leading players in Security Service Edge MarketThe SSE market is projected to grow from USD 0.8 billion in 2023 to USD 2.8 billion by 2028 at a CAGR of 25.4% during the forecast period. The widespread adoption of remote work, accelerated by global events like the COVID-19 pandemic, has created a pressing need for robust security solutions driving the growth of the SSE market. ...... Read More |
November 7, 2023 |
Microsoft (US) and IBM (US) are leading players in Explainable AI MarketThe explainable AI market size is to grow from USD 6.2 billion in 2023 to USD 16.2 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 20.9% during the forecast period. Increasing regulations and requirements for transparency and accountability in AI systems drive the demand for Explainable AI solutions to ensure compliance with laws like GDPR and HIPAA. ...... Read More |
November 7, 2023 |
Mosa Meat (Netherlands), UPSIDE FOODS (US) and JUST, Inc. (US) are leading players in Cultured Meat MarketThe cultured meat market projected to reach 0.2 billion in 2023 and 1.1 billion by 2034, at a CAGR of 16.5% from 2028 to 2034. The market is anticipated to grow at CAGR of 16.1% over the next five years since 2023. The cultured meat market is experiencing robust growth due to a convergence of key factors. Increasing global concerns about sustainability, environmental impact, and animal welfare are driving consumers and investors toward alternative protein sources. Cultured meat offers a more eco-friendly and ethical option by reducing the strain on land, water, and livestock. Additionally, advancements in biotechnology and cell culture techniques are making production more efficient and cost-effective. High-profile investments and collaborations from major food companies and startups are fueling research and development, leading to improved taste and texture. As a result, the cultured meat market is on an upward trajectory, poised to transform the future of food. ...... Read More |
November 7, 2023 |
Siemens Healthcare GmbH (Germany) and Elekta (Sweden) are Leading Players in the Radiotherapy MarketThe global radiotherapy system market is projected to reach USD 8.8 billion by 2028 from USD 6.9 billion in 2023, growing at a CAGR of 5.0% during the forecast period. ...... Read More |
November 6, 2023 |
Saudi Arabian Oil Co. (Saudi Arabia), Audi AG (Germany) and Siemens Energy (Gemany) are leading players in E-fuels MarketThe global e-fuels market is projected to reach USD 49.4 billion by 2030 from an estimated USD 6.2 billion in 2023, at a CAGR of 34.5% during the forecast period. The e-fuels business is expanding as attempts to minimise carbon emissions in the transportation sector increase. E-fuels made from renewable energy have the potential to be a carbon-neutral mobility option, particularly in areas where electrification is difficult, such as aircraft and heavy industry. They serve as a link between current infrastructure and greener energy sources, making them a viable option for meeting decarbonization targets. ...... Read More |
November 6, 2023 |
Market Leaders - Semiconductor Chemical MarketThe Semiconductor chemical market size is projected to grow from USD 12.2 billion in 2023 to USD 21.9 billion by 2028, registering a CAGR of 12.3% during the forecast period. The semiconductor chemical market is experiencing robust growth due to several key factors and opportunities. Firstly, Technological developments in the semiconductor sector, rising demand for electronic devices, and rising demand for semiconductors across a broad range of businesses. The market presents a number of potential prospects, such as the creation of novel and enhanced semiconductor chemicals, the penetration of new markets, and development in the automotive and healthcare sectors. ...... Read More |
November 6, 2023 |
Market Leader - Privileged Access Management MarketThe global PAM market size is projected to grow from USD 2.9 billion in 2023 to USD 7.7 billion by 2028 at a CAGR of 21.5% during the forecast period. Several key factors propel the PAM market. These include a marked rise in digital transformation and the accelerated shift to the cloud, the growing menace of insider threats, account and password sharing concerns, and growing adherence to regulatory standards. ...... Read More |
November 6, 2023 |
Clio (Canada) and CARET (US) are leading players in Insolvency Software MarketThe Insolvency Software market is projected to grow from USD 1.5 billion in 2023 to USD 2.4 billion by 2028, at a CAGR of 10.4% during the forecast period. The government will increase the demand for the insolvency software market by expanding the adoption of digitalized tools in various sectors, such as BFSI. Digital transformation is imperative for financial services businesses in the rapidly changing digital environment. This shift allows customers to efficiently manage their finances, incorporating features like chatbot-driven financial services and smartphone-based solutions into the everyday norm. ...... Read More |
November 6, 2023 |
Amcor Plc (Australia) and Mondi plc (South Africa) are Leading Players in the Pet Food Packaging MarketThe global pet food packaging market size is projected to grow from USD 11.1 billion in 2023 to USD 14.9 billion by 2028, at a CAGR of 5.9% during the forecast year. The global pet food packaging market has experienced significant growth over the past few years. With the increasing pet population and changing consumer preferences, the pet food industry has evolved to meet the demands of pet owners. Packaging plays a pivotal role in the success of pet food products, ensuring not only the safety and freshness of the contents but also serving as a vital marketing tool. ...... Read More |
November 6, 2023 |
DNA Data Storage Companies - Illumina, Inc. (US) and Microsoft (US) are the Key PlayersThe DNA Data storage market is projected to grow from USD 76 million in 2024 and is expected to reach USD 3,348 million by 2030, growing at a CAGR of 87.7% from 2024 to 2030. The demand for data storage is growing exponentially, driven by the increasing digitization of businesses and societies. For instance, Cloud computing providers need to store large amounts of data for their customers, so the growth of cloud computing is leading to the need for increased data storage capacity. DNA data storage has the potential to meet this demand by offering a high-density, durable, and secure way to store data. DNA is incredibly dense, meaning that it can store large amounts of data in a small space. Additionally, DNA is very durable and can last for thousands of years. This makes DNA ideal for long-term archival storage of critical data. ...... Read More |
November 3, 2023 |
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