Research Insight

Automated Storage Retrieval System (ASRS) Market in Germany

• Published: December 2024

Automated Storage Retrieval System (ASRS) Market in Japan

• Published: December 2024

Automated Storage and Retrieval System (ASRS) Market in US

• Published: December 2024

Manufacturing Execution Systems Market in Germany

• Published: December 2024

Manufacturing Execution Systems Market in Japan

 

• Published: December 2024

Manufacturing Execution Systems Market in US

 

• 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

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

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 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 NDT and Inspection Market

• 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 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 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

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

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

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 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

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

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

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

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

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

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

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

Top Companies in Edible Oils Industry - ADM (US), Bunge (US) and United Plantations Berhad (Malaysia)

The edible oils market is estimated at USD 250.78 billion in 2024 and is projected to reach USD 306.92 billion by 2029, at a CAGR of 4.1% from 2024 to 2029. The edible oil market is expected to grow steadily mainly due to an increasing demand from the growing population and also from the food processing industry. The demand for healthy edible oils is expected to drive the overall edible oils market. Since most people look for healthier fats in their diet, this would strengthen the demand for oils rich in unsaturated fats, including olive oil, sunflower oil, and canola oil. With the increased awareness of disorders related to trans fats, such as cholesterol buildup and cardiovascular diseases, consumers are avoiding the traditional oils high in saturated fats. Demand for plant-based and non-GMO oils is also growing, the result of a trend that continues to witness demand for products representing personal ethics and dietary habits. In this respect, manufacturers' innovations have been encouraged to forge new product formulations in line with the diverse needs of different demographics of consumers. The trend is expected to grow strength and, thus will pick up traction across geographies since health-conscious diets are on an upward trend in the respective marketplaces.

• Published: December 2024

Top Companies in Smoke Evacuation Systems Market: CONMED Corporation (US) and Medtronic (Ireland) are the Leading Players

The smoke evacuation systems market is projected to reach USD 0.30 billion by 2031 from USD 0.20 billion in 2025, at a CAGR of 7.5% during the forecast period.

• 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 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 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

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

Market Leaders - Future of Robotics

The robotics industry is witnessing a revolution that is redefining the manufacturing landscape. The "Future of Robotics" study explores the trends and innovations shaping robotics' role in manufacturing by 2030. This comprehensive study is a critical resource for manufacturers, robotics developers, policymakers, and technology leaders seeking to navigate this transformative era.

• Published: December 2024

Top Companies in DERMS Industry - Siemens (Germany), Schneider Electric (France) and ABB (Switzerland)

The Distributed energy resource management systems (DERMS) market is expected to grow from an estimated in USD 0.61 billion in 2024 to USD 1.44 billion by 2029, at a CAGR of 18.8% during the forecast period. The growth of the DERMS market is further fueled by growing integration of DERs, comprising solar, wind, and energy storage systems. DERMS platforms are allowing for efficient management and optimization of these DERs and thus enhancing grid reliability and resilience.

• Published: December 2024

Thermo Fisher Scientific (US) and Tecan Group (Switzerland) are Leading Players in the Lab Automation Market

The laboratory automation market is projected to grow from USD 6.36 billion in 2025 to USD 9.0 billion by 2030, reflecting a CAGR of 7.2% during this period. Key drivers of this growth include the increasing demand for high-throughput screening and a shortage of experienced laboratory technicians. Automation enhances laboratory efficiency by delivering accurate results while reducing operational costs. This technological shift incorporates advancements such as artificial intelligence (AI), robotics, and machine learning. Additional factors contributing to this trend include the rising prevalence of chronic diseases and a growing interest in personalized medicine. Automation also facilitates better management of large patient sample sizes, leading to faster and more accurate diagnostics.

• Published: December 2024

Marine Battery Companies - Siemens Energy (Germany) and Leclanché SA (Switzerland) are the Key Players

The marine battery market is projected to grow from USD 882.3 million in 2024 to USD  1,506.0 million by 2030, at a CAGR of 9.3% during the forecast period. The marine sector is experiencing significant growth due to advancements in renewable energy, aquaculture, and maritime technologies, driven by global demand for sustainable ocean resources.

• Published: December 2024

Top Companies in Incident and Emergency Management Industry - Lockheed Martin (US) and Johnson Controls (Ireland)

The global Incident and Emergency Management market size is projected to grow from USD 137.45 billion in 2024 to USD 196.20 billion by 2030 at a Compound Annual Growth Rate (CAGR) of 6.1% during the forecast period. Due to the adoption of stricter public laws and government initiatives, the incident and emergency market is growing significantly. Governments of countries such as US, India and Kenya have adopted incident and emergency management systems as a result of an increase in natural disasters and man-made catastrophes such as terrorist attacks. In addition to this, the modernization of disaster management infrastructure in developed countries, and increasing demand in developing countries to update existing outdated infrastructure with advanced solutions, is driving the growth of the incident and emergency management market.

• Published: December 2024

Smart Agriculture Companies - Deere & Company (US) and Trimble Inc. (US) are the Key Players

The smart agriculture market is expected to grow from USD 14.40 billion in 2024 to reach USD 23.38 billion by 2029, growing at a CAGR of 10.2% from 2024 to 2029. Burgeoning demand for sustainable practices, growing integration of robotic systems and drones, increasing pressure on the food supply chain, and rising investments and initiatives towards smart agriculture are some of the major drivers influencing the market growth.

• Published: December 2024