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Market Leadership - Smart Mirror Market

The smart mirror market is expected to grow from USD 2.82 billion in 2018 to USD 4.42 billion by 2023, at a CAGR of 9.41% during 2018–2023. The growth of the smart mirror market can be attributed to the increasing demand for smart mirrors in the automotive industry, the transition from traditional stores to digital stores in the retail industry, the presence of a large number of start-ups in the smart mirror market, and new and innovative features of smart mirrors.

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August 27, 2018

Smiths Group (UK), Henry Schein (US), Midmark Corporation (US), and DRE Veterinary (US) are the leading players in the Veterinary Equipment and Disposables Market

The global veterinary equipment and disposables market is projected to reach USD 2.40 billion by 2023 from USD 1.63 billion in 2018, at a CAGR of 8.0%. The growth of this market is majorly driven by the rising animal health expenditure and growing demand for pet insurance, increasing number of veterinary practitioners in developed regions, and growth in the companion animals market. Emerging markets are expected to present major growth opportunities for providers of veterinary equipment and disposables.

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August 27, 2018

Market Leaders - Floating LNG Power Vessel Market

The global floating LNG power vessel market is expected to grow from an estimated USD 860.1 million in 2018 to USD 931.6 million by 2023, at a CAGR of 1.61%. In 2018, the Asia Pacific market is estimated to be the largest, followed by the Middle East & Africa. Factors such as increasing demand for power, lack of power infrastructure, and additional benefits over land-based power plants are driving the floating LNG power vessel market.

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August 24, 2018

IBM and Dell Technologies are leading players in Multi-Vendor Support Services Market

The global Multi-Vendor Support Services (MVSS) market is gaining traction, owing to organizations focusing on their core business and outsourcing non-core activities. The major growth factors for the market include rapidly increasing changes in the IT infrastructure, rising maintenance costs of Original Equipment Manufacturer (OEM) services, reducing IT support and maintenance complexities, and regaining control of infrastructure support from OEMs. MarketsandMarkets forecasts the MVSS market size to grow from USD 53.09 billion in 2018 to USD 60.14 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 2.52% during the forecast period.

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August 24, 2018

NVIDIA and Intel are leading players in Data Center Accelerator Market

The data center accelerator market is estimated to be worth USD 2.84 billion in 2018 and is expected to reach USD 21.19 billion by 2023, at a CAGR of 49.47% from 2018 to 2023. The market is driven by factors such as the growing demand for AI in HPC data centers, growth of cloud-based services, and focus toward parallel computing in AI data centers. Furthermore, rising market for FPGA-based accelerators has created growth opportunities for the market players.

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August 24, 2018

Expansions and acquisitions are the key strategies adopted by the leading players to strengthen their positions in the Automotive Interior Materials Market

The market size of automotive interior materials is estimated at USD 46.63 billion in 2018 and is projected to reach USD 55.41 billion by 2023, at a CAGR of 3.5% between 2018 and 2023. The APAC region, followed by the North America and European regions witnessed the maximum number of strategic developments undertaken by various players between 2014 and 2018. Growing demand for automotive interior materials is attributed to the growth of manufacture of various types of vehicles, such as passenger vehicles, light commercial vehicles, and heavy commercial vehicles.

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August 24, 2018

McKesson and GE Healthcare and Leading players in Medical Images Management Market

The medical image management market is projected to reach USD 4.40 billion in 2023 from USD 3.04 billion in 2018, at a CAGR of 7.7%. The growth in this market is mainly driven by the technological advancements in diagnostic imaging modalities and image management software, growing investments in the medical imaging market, government initiatives to encourage EMR adoption, increasing usage of imaging equipment, growing adoption of image management systems by small hospitals and imaging centers, and rapidly growing big data in healthcare. On the other hand, budgetary constraints and longer product lifecycle of VNA are expected to limit market growth during the forecast period.

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August 23, 2018

Market Leaders - Hydraulic Dosing Pump Market

The overall hydraulic dosing pump market is estimated to be valued at USD 771.8 million in 2018 and is projected to reach USD 949.3 million by 2023, at a CAGR of 4.23% during the forecast period. In 2018, the Asia Pacific is estimated to be the largest market for hydraulic dosing pumps, followed by Europe and North America. The growth of the hydraulic dosing pump market is driven by new refining capacity additions in the Asia Pacific and the Middle East, increasing investments in the water & wastewater treatment industry, and rising demand from the chemical sector. The implementation of smart digital dosing technologies and an increasing need for precise and leak-proof pumps in manufacturing industries for applications in food & beverage, pharmaceutical, and automotive sectors present a significant opportunity for the hydraulic dosing pump market.

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August 23, 2018

Market Leadership - Next-Generation Network Market

The next-generation network market is expected to grow from USD 21.86 billion in 2018 to USD 32.81 billion by 2023, at a CAGR of 7.0% during the forecast period. Increasing technological advancements, growing IoT, and rising cloud-based services are likely to create huge opportunities for the market players. Increase in public–private partnership (PPP) for NGN development, demand for high-speed services, and low operational cost are the factors driving the next-generation network market.

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August 23, 2018

Market Leaders - Reed Sensor Market

The overall reed sensor market is expected to be worth USD 2.30 billion by 2023, growing at a CAGR of 7.40% from 2018 to 2023. The use of reed sensors in emerging technologies such as the development of electric vehicles and growth of security systems provide major opportunities for the growth of the reed sensor market. Key factors such as the use of reed sensors in the automotive industry; application of reed sensors in home appliances, HVAC, and smart meters; and benefit of low operating power and capable of working in harsh environments are driving the growth of the reed sensor market.

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August 23, 2018

New product launches and expansions were key strategies adopted by industry players to gain traction in the Automotive Silicone Market

The market size of automotive silicone, in terms of value, is expected to reach USD 3.33 billion by 2023 from USD 2.37 billion in 2018, at a CAGR of 7.1% from 2018 to 2023. Increasing demand for automotive silicone in various applications such as interior & exterior, engines, electrical, and others in emerging economies is driving the growth of the automotive silicone market.

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August 22, 2018

Product Launches and Approvals are the Key Growth Strategies Adopted by Market Players in the Therapeutic Drug Monitoring Market

The major players operating in the global therapeutic drug monitoring market are F. Hoffmann-La Roche (Switzerland), Siemens Healthineers (Germany), and Abbott Laboratories (US). The TDM market is expected to reach USD 1.63 billion by 2023 from USD 1.23 billion in 2018, at a CAGR of 5.9% during the forecast period. The growth of this market is majorly driven by the rising number of organ transplant procedures and the use of TDM in traditional anticancer therapies.

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August 22, 2018

Product Launches, Product Enhancements, and Service Launches are the Key Growth Strategies Adopted by Players in the Global Next-Generation Sequencing Market

The global next-generation sequencing market is projected to reach USD 16.35 billion by 2024 from USD 5.70 billion in 2018, at a CAGR of 19.2%. Factors such as advancements in NGS platforms, declining NGS capital cost coupled with the decreasing cost of sequencing, and improving regulatory & reimbursement scenario for NGS-based diagnostic tests are expected to propel the growth of next-generation sequencing market.

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August 22, 2018

Players adopted various growth strategies, such as new product launches, mergers and acquisitions, partnerships, collaborations, and business expansions in Hybrid Cloud Market

The hybrid cloud market is expected to grow from USD 44.60 billion in 2018 to USD 97.64 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 17.0% during the forecast period, owing to the existing market offerings and the increasing focus on pricing and promotions.

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August 22, 2018

Expansion was the key strategy adopted by the major players in Coupling Agent Market

The coupling agent market is projected to grow from USD 516.6 million in 2018 to reach USD 614.1 million by 2023, at a CAGR of 3.5% from 2018 to 2023. Coupling agents are used in various applications such as rubber & plastics, fiber treatment, adhesives & sealants, and paints & coatings. The rapidly increasing demand for coupling agents in the rubber & plastics and fiber treatment applications and high growth of the automotive industry in APAC is expected to boost the coupling agent market.

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August 21, 2018

New product developments and partnerships & agreements are the key strategies adopted by the leading players to strengthen their positions in the Firefighting Foam Market

The firefighting foam market is estimated at USD 726.4 million in 2018 and is projected to reach USD 867.7 million by 2023, at a CAGR of 3.6% between 2018 and 2023. The growth of the firefighting foam market can be attributed to the increasing use of foam in the oil & gas industry for upstream and downstream activities.

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August 21, 2018

Market Leader - Metal Forming Market for Automotive

The metal forming market for automotive is expected to grow at a CAGR of 2.83%, by value, during the forecast period. The market is estimated to be USD 221.22 billion in 2018 and is projected to reach USD 269.01 billion by 2025. An increasing number of environmental regulations are being implemented globally owing to rising concerns pertaining to carbon emissions by vehicle exhausts. In order to achieve the emission limits, OEMs are focusing on lightweight materials for the automotive industry. The use of lightweight materials reduces the fuel consumption of vehicles as less weight consumes low energy at the time of acceleration. Efficient design, material selection, manufacturing, and assembly result in effective light weighting. Lightweight materials such as steel and aluminum are used to manufacture BIW, Chassis, and Closures and many other applications. As forming is the best suited technique for steel and aluminum, forming technologies are expected to drive the metal forming market for automotive. Apart from the vehicle lightweight trend, growing vehicle production also has a significant impact on the metal forming market for automotive.

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August 21, 2018

Market Leader - Automotive Plastics Market for Passenger Cars

The automotive plastics market for passenger cars is projected to grow from USD 28.20 billion in 2018 to USD 47.33 billion by 2023, at a CAGR of 10.9% during the forecast period. The major growth driver for the market is the increasing demand for advanced and lightweight plastic material components that help in significant reduction of carbon emissions.

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August 17, 2018

Acquisitions was the Key Growth Strategy Adopted by Market Players in the Hydrophobic Interaction Chromatography Market

The major players operating in the global hydrophobic interaction chromatography market are GE Healthcare (US), Thermo Fisher (US), Bio-Rad Laboratories (US), and Sartorius (Germany). The global hydrophobic interaction chromatography market is projected to reach USD 418.2 million in 2023 from USD 291.3 million in 2018, at a CAGR of 7.5%. The growth of the hydrophobic interaction chromatography market can be attributed to the increasing demand for monoclonal antibodies and increasing R&D expenditure by biopharmaceutical companies.

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August 17, 2018

Medtronic (US), GE Healthcare (US), Philips (Netherlands), Siemens (Germany), Abbott (US), and Boston Scientific (US) dominated the global IoT Medical Devices Market in 2017

The global IoT medical devices market is projected to reach USD 63.43 billion by 2023 from USD 20.59 billion in 2018, at a CAGR of 25.2%. Factors such as increasing initiatives by governments for promoting digital health; and the evolution of high-speed networking technologies are expected to drive the growth of this market during the forecast period. The IoT medical devices market is a consolidated market wherein the top 6 players, namely, Medtronic (US), GE Healthcare (US), Philips (Netherlands), Siemens (Germany), Abbott (US), and Boston Scientific (US) held more than 65% of the global market in 2017. However, there are several small and mid-size players in the market as well as a number of new entrants that specialize in specific product segments. Product launches and collaborations, partnerships and agreements are the major growth strategies adopted by these players to strengthen their position in the market.

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August 17, 2018

Market Leader: Government aid Promotes Growth of the Feed Industry in Feed Acidifiers Market

The feed acidifiers market is estimated to be valued at USD 2.73 billion in 2018 and is projected to reach USD 3.50 billion by 2023, at a CAGR of 5.1%. The market is driven by the ban on antibiotics in the European Union and growing government funding to promote the feed industry.

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August 17, 2018

Colfax Corporation (US) and Lincoln Electric Company (US) Leading Players in Waterjet Cutting Machine Market

The waterjet cutting machine market is expected to grow from USD 921.7 million in 2018 to USD 1,248.0 million by 2023, at a CAGR of 6.25% during the forecast period. Factors such as promising growth in the global steel industry, growing automobile industry, overall development of industrial sector in the Middle East and Africa, and comprehensive increase in construction activities drive the growth of this market.

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August 16, 2018

Market Leadership - Fiber to the x Market

The overall FTTx market is expected to be worth USD 14.31 billion by 2023, growing at a CAGR of 8.10% from 2018 to 2023. Increasing demand for higher bandwidth, the growing use of optical fiber in mobile backhaul for communication, and the increased use of fiber for cloud computing are driving the FTTx market growth. Also, the increasing penetration of triple- and quad-play services will drive the need for FTTh- and FTTb-like architectures in the coming years. Along with this, industrial and commercial are the key verticals driving the FTTx market.

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August 16, 2018

Headwall Photonics (US), SPECIM (Finland) and Norsk Elektro Optics (Norway) are the Prominent Players in the Hyperspectral Imaging Systems Market

The global hyperspectral imaging systems market is projected to reach USD 21.33 billion by 2023 from USD 9.51 billion in 2018, at a CAGR of 17.5%. The growing industrial applications of hyperspectral imaging and increasing funding & investments are the major factors driving the growth of the hyperspectral imaging systems market....... Read More
August 16, 2018

Market players adopt mainly expansions and acquisitions to achieve growth in the global Trocars Market

The trocars market is expected to reach USD 762.3 million by 2023 from USD 538.5 million in 2018, at a CAGR of 7.2%. Increasing preference for minimally invasive surgeries over conventional open surgeries and rising prevalence of cancer, hernia, and appendicitis are the major factors driving the growth of the market. Emerging economies such as India and China provides opportunities for players operating in the trocars market.

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August 15, 2018

Acquisitions was the Key Growth Strategy Adopted by Market Players in the Compound Management Market

The major players operating in the global compound management market are Brooks Automation (US), Tecan (Switzerland), Hamilton Company (US), Evotec (Germany), TTP Group (UK), and Labcyte (US). The global compound management market is projected to reach USD 424.5 million in 2023 from USD 215.3 million in 2018, at a CAGR of 14.5%. Increasing drug discovery activities, growing biopharmaceutical industry, and the rising trend in outsourcing compound/sample management can be attributed to the growth of this market....... Read More
August 15, 2018

Terumo BCT and HemaCare Corporation are Leading Players in Leukapheresis Market

Terumo BCT (US), Fresenius (Germany), Asahi Kasei Medical (Japan), and Haemonetics Corporation (US) are the leading players in the leukapheresis products market. The global leukapheresis products market is projected to reach USD 27.7 million by 2023 from USD 19.4 million in 2018, at a CAGR of 7.4%. HemaCare Corporation (US), AllCells (US), BioIVT (US), and Precision for Medicine (US) are the leading players in the leukopaks market. The global leukopaks market is projected to reach USD 445.6 million by 2023, at a CAGR of 46.4%.

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August 14, 2018

SGS and Intertek are Leading Players in Cargo Inspection Market

The cargo inspection market is expected to grow from an estimated USD 2.38 billion in 2018 to USD 2.85 billion by 2023, at a CAGR of 3.66% between 2018 and 2023. Cargo inspection is one of the inspection services offered by the companies to test the quality and quantity of traded commodities and condition of cargos through which these commodities get traded. The inspection of cargos includes cleanliness inspections of cargos, loading and discharge supervision, tank calibration, and damage survey. These inspections are carried out under the specialized cargo surveyors and consultants. Major companies in this market are SGS Group (Switzerland), Bureau Veritas SA (France), Intertek Group plc (UK), ALS Limited (Australia), and Cotecna Inspection SA (Switzerland). The cargo inspection is a matured market, and thus, companies in this market are adopting organic and inorganic growth strategies to capture market share. SGS Group (Switzerland), Bureau Veritas SA (France), and Intertek Group plc (UK) are offering services in to niche market or acquiring some other companies in this market.

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August 14, 2018

Acquisitions and Expansions & Investments are the Key Strategies Adopted by Key Players in the Global Food Flavors Market

The food flavors market is estimated at USD 13.56 billion in 2018 and is projected to reach USD 17.10 billion by 2023, growing at a CAGR of 4.8% during the forecast period. The key players profiled have a strong presence in the global food flavors market; they include Givaudan (Switzerland), International Flavors & Fragrances (US), Firmenich (Switzerland), Symrise (Germany), Frutarom (Israel), Sensient (US), MANE (France), Takasago (Japan), T.Hasegawa (Japan), and Robertet (France)....... Read More
August 14, 2018

The Strategy of New Product Launches was Adopted by the Leading Players to Strengthen their Position in the Amphoteric Surfactants Market.

The amphoteric surfactants market is projected to grow from USD 3.52 billion in 2018 to USD 4.94 billion by 2023, at a CAGR of 7.0% between 2018 and 2023. The strategy of new product launches was adopted by the key players to strengthen their position in the amphoteric surfactants market....... Read More
August 14, 2018

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