Research Insight

IoT Node and Gateway Companies - Intel Corporation (US) and Qualcomm Technologies, Inc. (US) are the Key Players

The IoT Node and Gateway Market is projected to grow from USD 424.6 billion in 2024 and is projected to reach USD 604.7 billion by 2029; it is expected to grow at a CAGR of 7.3% from 2024 to 2029. The growth of the IoT Node and Gateway market is driven by the Focus on industrial automation and Industry 4.0; and Proliferation of 5G technology.

• Published: May 2024

Digital Signal Processor Companies - Analog Devices, Inc. (US) and Microchip Technology Inc. (US) are the Key Players

The Digital Signal Processor market is projected to grow from USD 10.1 billion in 2024 and is projected to reach USD 14.7 billion by 2029; it is expected to grow at a CAGR of 7.8% from 2024 to 2029. The growth of the Digital Signal Processor market is driven by surging adoption of Internet of Things (IoT) and connected devices.

• Published: May 2024

Structural Adhesives Companies - Henkel AG & Co. KGaA (Germany) and Huntsman Corporation (US) are Leading Players in the Structural Adhesives Market

The global structural adhesives market size was USD 13.5 billion in 2024 and is projected to reach USD 17.7 billion by 2029, at a CAGR of 5.5% between 2024 and 2029. The market for structural adhesives is expanding due to the growing applications in wind energy, marine, building & construction, and automotive industries, which are using more modified epoxies and polyurethane adhesives, as well as methyl methacrylate adhesives.

• Published: May 2024

Industrial Vending Machine Companies -Fastenal Company (US) and Airgas, Inc. (US) are the Key Players

The global industrial vending machine market size is expected to grow from USD 1.6 billion in 2024 to USD 2.5 billion by 2029, at a CAGR of 10.1% from 2024 to 2029. The benefits of industrial vending are interminable. With industrial vending machines, one can cut spending, reduce inventory consumption, and eliminate stock-outs and downtime. Machines can be programmed to dispense reconditioned, older tools before new tools, reducing inventory cost.

• Published: May 2024

Top Carotenoids Companies - DSM (Netherlands), Givaudan (Switzerland) and ADM (US)

The carotenoids market is estimated at USD 2.5 billion in 2024 and is projected to reach USD 3.4 billion by 2029, at a CAGR of 6.3% from 2024 to 2029.

• Published: May 2024

Drone Sensor Companies - TE Connectivity (US) and Drone Nerds Enterprise (US) are the Key Players

The drone sensor market is expected to be 1.4 billion in 2024 and reach USD 2.5 billion by 2029, at a CAGR of 12.1% between 2024 and 2029. The market for drone sensors is poised for growth, driven by several key factors. These include the escalating demand for higher-resolution imaging in mapping and surveying, the need for precise positioning for navigation, and the increasing use of drones in sectors such as agriculture, logistics, and commercial industries for tasks like payload delivery. Additionally, there's a rising requirement for advanced crop analysis in precision farming.

• Published: May 2024

Top Companies in Electrosurgery Market - Medtronic plc (Ireland) and Johnson & Johnson (Ethicon) are the Leading Players

The electrosurgery market is projected to reach USD 9.4 billion by 2029 from USD 6.9 billion in 2024 at a CAGR of 6.4% during the forecast period. Advancements in electrosurgical devices, driven by improvements in energy delivery systems, safety features, and precision tools, are poised to revolutionize the medical field. Enhanced energy delivery ensures precise tissue manipulation while minimizing collateral damage, leading to quicker recovery times and reduced complications. Safety features, including real-time monitoring and automated shutdown protocols, instill confidence among healthcare professionals and patients, driving adoption rates. Integration of precision tools such as miniaturized electrodes and robotics enables unprecedented accuracy in surgeries, reshaping procedures and expanding the scope of minimally invasive techniques. These technological strides are propelling the electrosurgical device market forward, promising greater efficiency and improved patient outcomes across medical specialties.

• Published: May 2024

Inertial Navigation Systems Companies - Safran Electronics & Defense (France) and Northrop Grumman (US) are the Key Players

The Inertial navigation systems market is expected to grow rapidly, reaching USD 13.5 billion by 2029, from USD 10.3 billion in 2024, at a CAGR of 5.6%.

• Published: May 2024

Top Companies in 3D Bioprinting Market: BICO GROUP AB (Sweden) and 3D Systems, Inc. (US) are the Leading Players

The 3D bioprinting market is projected to reach USD 2.4 billion by 2029 from USD 1.3 billion in 2024, at a CAGR of 12.7% during the forecast period. Advancement in the 3D bioprinting technology, growing adoption of 3D bioprinting technology within the pharmaceutical & cosmetics sectors, rising public-private partnership & collaboration, increasing investments in research & development and the expenditure on medical devices.

• Published: May 2024

Industrial Lubricants Companies - Global Market Leaders of the Industrial Lubricants Market

In terms of value, the industrial lubricants market is estimated to grow from USD 63.9 billion in 2024 to USD 74.3 billion by 2029, at a CAGR of 3.1%. Industrial lubricants market have grown as the demand from food processing end-use industry, and rising industrial growth in the Middle East & Africa and Asia Pacific region. These factors drive the lubricants lubricants market.

• Published: May 2024

Polycarbonate Resin Companies: Covestro AG (Germany) and SABIC (Saudi Arabia) are Leading Players in the Polycarbonate Resin Market

The polycarbonate resin market is projected to reach USD 20.1 billion by 2029, at a CAGR of 5.5% from USD 15.3 billion in 2024. The market growth is driven by influencing factors such as growing demand from automotive industry and rapid urbanization and infrastructure development.

• Published: May 2024

3D Motion Capture System Companies - Vicon Motion Systems Ltd (UK) and OptiTrack (US) are the Key Players

The global 3D motion capture system market is expected to be valued at USD 240 million in 2024 and is projected to reach USD 484 million by 2029 and grow at a CAGR of 15.0% from 2024 to 2029. Product launches, acquisitions, collaborations, partnerships, agreements, and expansions are market players' major growth strategies. These strategies have enabled them to fulfill the growing demand for 3D motion efficiently capture systems from different verticals and expand their global footprint by offering products in all the major regions.

• Published: May 2024

Top Companies in Brain Computer Interface Market - Advanced Brain Monitoring, Inc. (US) and G.Tech Medical Engineering GmbH (Austria) are the Leading Players

The brain computer interface market is projected to reach USD 506 million by 2029 from USD 262 million in 2024, at a CAGR of 14.1% from 2024 to 2029. Brain computer interface is employed in numerous fields—for example, disabilities restoration/ rehabilitation, assistive technologies, neuroscience research, communication and control, entertainment and gaming. They are also used in smart home control, education & everyday well-being. The growth of this market is driven by the growing incidence & prevalence of neurological disorders, increasing demand for non-invasive and wearable BCI devices, and rising Investments in research and development. However, the high cost of the BCI systems inhibits the market growth.

• Published: May 2024

Environment, Health and Safety (EHS) Market Emerging Trends - Global Growth Projections

The Environment, health and safety market is projected to grow from $7.9 billion in 2024 to $11.5 billion by 2029 at a CAGR of 7.6% during the forecast period.

Driven by heightened public awareness of environmental issues such as climate change and pollution, industries are under pressure to minimize their ecological impact. EHS services assist companies in efficiently managing waste, emissions, and resource usage, contributing to environmental sustainability. This proactive approach not only ensures regulatory compliance but also enhances operational efficiency and addresses environmental challenges. As industries strive to meet stringent environmental standards, the demand for EHS services continues to grow, driving innovation in environmental management practices.

• Published: May 2024

Environment, Health and Safety (EHS) Market Size & Share - Future Growth Expectations

The Environment, Health and Safety Market Size is poised to grow from USD 7.9 billion in 2024 to USD 11.5 billion by 2029 at a CAGR of 7.6% during the forecast period.

Driven by heightened public awareness of environmental issues such as climate change and pollution, industries are under pressure to minimize their ecological impact. EHS services assist companies in efficiently managing waste, emissions, and resource usage, contributing to environmental sustainability. This proactive approach not only ensures regulatory compliance but also enhances operational efficiency and addresses environmental challenges. As industries strive to meet stringent environmental standards, the demand for EHS services continues to grow, driving innovation in environmental management practices.

• Published: May 2024

Environment, Health and Safety (EHS) Market Size & Share - Future Growth Expectations

The Environment, Health and Safety Market Size is poised to grow from USD 7.9 billion in 2024 to USD 11.5 billion by 2029 at a CAGR of 7.6% during the forecast period.

Driven by heightened public awareness of environmental issues such as climate change and pollution, industries are under pressure to minimize their ecological impact. EHS services assist companies in efficiently managing waste, emissions, and resource usage, contributing to environmental sustainability. This proactive approach not only ensures regulatory compliance but also enhances operational efficiency and addresses environmental challenges. As industries strive to meet stringent environmental standards, the demand for EHS services continues to grow, driving innovation in environmental management practices.

• Published: May 2024

Communication Test and Measurement Market Size & Share - Future Growth Expectations

The communication test and measurement system market is expected to grow from USD 9.6 billion in 2024 to USD 14.9 billion by 2029, with a CAGR of 9.1% over the forecast period.

As communication technologies continue to evolve, there's a constant need for new test and measurement solutions to ensure the reliability, performance, and interoperability of these technologies. This includes emerging technologies like 5G, Internet of Things (IoT), and next-generation optical networks.

• Published: May 2024

Communication Test and Measurement Market Emerging Trends - Global Growth Projections

The communication test and measurement system market size is poised to grow from USD 9.6 billion in 2024 to USD 14.9 billion by 2029, at a CAGR of 9.1% during the forecast period.

As communication technologies continue to evolve, there's a constant need for new test and measurement solutions to ensure the reliability, performance, and interoperability of these technologies. This includes emerging technologies like 5G, Internet of Things (IoT), and next-generation optical networks.

• Published: May 2024

Indoor Location Market Revolutionized: Top Emerging Trends to Watch

The indoor location market is anticipated to expand at a compound annual growth rate (CAGR) of 22.3% from USD 10.9 billion in 2023 to USD 29.8 billion by 2028. The increased need for location analytics is pushing the market vendors to enhance the functionality of their indoor location systems, hardware, and software.

• Published: May 2024

Project Portfolio Management Market Size and Share: Comprehensive Analysis and Insights

The size of the project portfolio management market size is anticipated to increase at a Compound Annual Growth Rate (CAGR) of 5.5% over the course of the forecast period, from USD 4.8 billion in 2023 to USD 6.3 billion by 2028.

Growth in the project portfolio management market is driven by companies looking for software to suit their growing project management needs and adapt to shifting business environments. PPM software offers features for managing compliance requirements and identifying, evaluating, and reducing project risks.

• Published: May 2024

The Evolving Landscape: Top Trends Shaping the Application Security Market

The market for application security is expected to expand rapidly. It is anticipated to have a valuation of approximately USD 33.7 billion in 2024 and grow at a compound annual growth rate of 10.3% to approximately USD 55.0 billion by 2029.

The market is expected to grow significantly due to favorable government laws, the rise in security breaches that target business applications, and the rising usage of mobile and cloud technologies. There are a lot of prospects for application security providers due to the development of cutting edge technologies like AI and ML and the increasing requirement to safeguard sensitive data privacy.

• Published: May 2024

Unveiling Emerging Trends Shaping the Metaverse in Gaming Industry

The size of the global Metaverse Gaming Market is expected to increase at a Compound Annual Growth Rate (CAGR) of 39.3% over the course of the forecast period, from USD 22.7 billion in 2023 to USD 119.2 billion in 2028.

Rise in 3D hardware device demand in adjacent markets (AR, XR, VR, MR) is one of the main drivers projected to propel the growth of the Metaverse in the gaming business. Additionally, it is anticipated that the rise of gamification, virtual reality gaming, and AR-based mobile games would present several chances for metaverse in game providers.

• Published: May 2024

Metaverse in Gaming Market Size and Share: Comprehensive Analysis and Insights

With a Compound Annual Growth Rate (CAGR) of 39.3% over the course of the forecast period, the size of the global Metaverse in Gaming market size is expected to increase from USD 22.7 billion in 2023 to USD 119.2 billion by 2028.

Increased demand for 3D hardware in the neighbouring sectors of AR, XR, VR, and MR are key drivers that are anticipated to propel the growth of the Metaverse in the gaming industry. In addition, a lot of prospects for metaverse in gaming vendors are anticipated due to the rise of gamification, virtual reality gaming, and AR-based mobile games.

• Published: May 2024

Top Companies in Drug Screening Market: Labcorp (US) and Abbott (US) are the Leading players

The global drug screening market is projected to reach USD 19.5 billion by 2029, from USD 9.1 billion in 2024, at a CAGR of 16.6% during the forecast period. Growth in this market is credited to the growing drug & alcohol consumption leading an increase in impaired driving and the enforcement of stringent laws mandating drug & alcohol testing, rising regulatory approvals for drug screening products & services to curb the growing abuse of drug.

• Published: May 2024

Insulation Products Companies - Covestro AG (Germany) and Saint-Gobain ISOVER (France) are Leading Players in the Insulation Products Market

The insulation products market is projected to grow from USD 65.9 billion in 2024 to USD 84.2 billion by 2029, at a CAGR of 5.0% from 2024 to 2029. The retrofitting of existing buildings with insulation to meet updated energy codes or improve energy performance is a significant reason for such market growth. Overall, the insulation product market is poised for sustained growth as it aligns with the broader trends of energy efficiency, sustainability, and technological innovation in the construction industry.

• Published: May 2024

Top Companies in Biologics Safety Testing Market: Thermo Fisher Scientific Inc. (US) and Charles River Laboratories (US) are the Leading Players

The biologics safety testing market is projected to reach USD 7.2 billion by 2029 from an estimated USD 4.2 billion in 2024, at a CAGR of 11.1% during the forecast period. The major factors driving the growth of this biologics safety testing market include growing development of mAbs and biosimilars and rising investments in biopharmaceutical industry.

• Published: May 2024

Crystal Oscillator Market Share: Insights and Trends

The crystal oscillator market is a vital component of the electronics industry, catering to a diverse range of applications across sectors such as telecommunications, consumer electronics, automotive, aerospace, and healthcare. As the demand for electronic devices continues to surge, the market for crystal oscillators experiences steady growth, driven by advancements in technology and increasing adoption across industries.

• Published: May 2024

Exploring the Crystal Oscillator Market Size: Trends and Insights

The crystal oscillator market size is a vital component of the electronics industry, providing precision timing solutions for a wide range of applications. As technology continues to advance, understanding the size and growth trajectory of the crystal oscillator market size becomes essential for stakeholders seeking to capitalize on emerging opportunities and market trends, The global crystal oscillator market was valued at USD 3.0 billion in 2023 and is projected to reach USD 3.4 billion by 2028; it is expected to register a CAGR of 2.5% during the forecast period

• Published: May 2024

Machine Control System Market Size on the Rise: Driving Efficiency and Precision in Industries

The Machine Control System market size is experiencing significant growth, with projections indicating a substantial increase in market size in the coming years.As industries continue to embrace automation and digitalization, the machine control system market is witnessing significant growth, driven by the demand for advanced technology solutions that optimize operations and maximize performance.

• Published: May 2024

Machine Control System Market Share Outlook: Trends and Growth Projections :

The machine control system market is a dynamic and rapidly evolving sector that plays a crucial role in enhancing efficiency, productivity, and precision across industries

• Published: May 2024

Piezoelectric Devices Market Share: Insights and Analysis

The piezoelectric devices market encompasses a wide range of applications across industries such as automotive, healthcare, aerospace, consumer electronics, and industrial automation. Piezoelectric sensors, actuators, transducers, and energy harvesters play pivotal roles in these sectors, contributing to the overall market share of piezoelectric devices.

• Published: May 2024

Piezoelectric Devices Market Size on the Rise

The piezoelectric devices market encompasses a wide range of devices, including sensors, actuators, transducers, and energy harvesters. These devices convert mechanical energy into electrical energy and vice versa, enabling a diverse array of applications across industries such as automotive, healthcare, aerospace, consumer electronics, and industrial automation.

• Published: May 2024

Security Solutions Market Size: A Comprehensive Analysis of Industry Growth

The security solutions market is propelled by a convergence of factors, including heightened global security threats, increasing awareness of the need for robust protective measures, and rapid technological advancements such as artificial intelligence and IoT. The integration of advanced technologies, such as biometrics, video analytics, and cloud-based solutions, enhances the capabilities of security systems, providing a multifaceted approach to threat detection and mitigation.

• Published: May 2024

Top Companies in Biopharmaceutical Process Analytical Technology Market: Thermo Fisher Scientific, Inc. (US) and Agilent Technologies, Inc. (US) are the Leading Players

The global biopharmaceutical process analytical technology market is projected to reach USD 2.6 billion by 2029 from USD 1.2 billion in 2024, at a CAGR of 16.0% during the forecast period.

• Published: May 2024

Passenger Car Seat Industry - Forthcoming Trends to Fuel the Global Growth

The passenger car seat market is estimated to grow from USD 42.5 billion in 2023 to USD 46.1 billion by 2030 at a CAGR of 1.1% over the forecast period. The growth of this market can be attributed due to rising adoption of powered seats in mid segments and SUVs with growing demand for premium cars is driving the passenger car seats market.

• Published: May 2024

Passenger Car Seat Industry - Forthcoming Trends to Fuel the Global Growth

The passenger car seat market is estimated to grow from USD 42.5 billion in 2023 to USD 46.1 billion by 2030 at a CAGR of 1.1% over the forecast period. The growth of this market can be attributed due to rising adoption of powered seats in mid segments and SUVs with growing demand for premium cars is driving the passenger car seats market.

• Published: May 2024

Synthetic Natural Gas Industry - Emerging Trends to Fuel the Global Growth

The global synthetic natural gas market is projected to reach USD 18.6 billion by 2027 from an estimated USD 15.7 billion in 2022, at a CAGR of 3.5% during the forecast period. The major factors driving the growth of this market include the growing demand of energy for high performance.

• Published: May 2024

Synthetic Natural Gas Market Size & Share - Future Growth Expectations

The global synthetic natural gas market size is projected to reach USD 18.6 billion by 2027 from an estimated USD 15.7 billion in 2022, at a CAGR of 3.5% during the forecast period. The major factors driving the growth of this market include the growing demand of energy for high performance.

• Published: May 2024

Portable Generator Market Size & Share - Future Growth Expectations

The global Portable generators market is expected to grow at a CAGR of 6.0% during the forecast period, from an estimated USD 2.2 billion in 2022 to USD 2.9 billion in 2027. The market for portable generators is influenced by factors such as demand for reliable backup power solutions, frequency and severity of power outages, growth in outdoor recreational activities, and construction and industrial activities. Manufacturers in this market compete on factors such as price, fuel efficiency, power output, durability, and features such as noise reduction and portability.

• Published: May 2024

Automotive HMI Market Size & Share - Future Growth Expectations

The automotive HMI industry is projected to grow from USD 23.9 billion in 2023 to USD 40.2 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 11.0%, during the forecast period. Rising consumer expectations in terms of advanced features for enhanced in-vehicle experience, increase in driver safety awareness, upsurge in the trend of autonomous and electric vehicles, the increasing connectivity of vehicles with external networks and devices, and the drive for competitiveness and brand differentiation in the automotive industry are some of the factors driving the demand for automotive HMI market.

• Published: May 2024

Automotive Engineering Services Industry - Forthcoming Trends to Fuel the Global Growth

The global automotive engineering services market is projected to grow from an estimated USD 153.2 billion in 2022 to USD 243.9 billion by 2028, registering a CAGR of 8.1%. Leading automotive engineering services (AES) providers have set up their R&D infrastructure across the world to provide AES such as concept/research, designing, prototyping, system integration, testing, among others to OEMs and component manufactures. Factors like rising demand for zero-emission vehicles and strong government support have led to an increased demand of AES among automakers. Europe is expected to be impacted by ongoing geo-political problems in the region along with the upcoming recession. This will lead to a change in R&D investment plans of OEMs and AES providers.

• Published: May 2024

Automotive Engineering Services Market Size & Share - Future Growth Expectations

The global automotive engineering services market is projected to grow from an estimated USD 153.2 billion in 2022 to USD 243.9 billion by 2028, registering a CAGR of 8.1%. Leading automotive engineering services (AES) providers have set up their R&D infrastructure across the world to provide AES such as concept/research, designing, prototyping, system integration, testing, among others to OEMs and component manufactures. Factors like rising demand for zero-emission vehicles and strong government support have led to an increased demand of AES among automakers. Europe is expected to be impacted by ongoing geo-political problems in the region along with the upcoming recession. This will lead to a change in R&D investment plans of OEMs and AES providers.

• Published: May 2024

Automotive HMI Industry - Forthcoming Trends to Fuel the Global Growth

The automotive HMI market is expected to reach USD 40.2 billion in 2028 from USD 23.9 billion in 2023, at a CAGR of 11.0% during the forecast period. Rising consumer expectations in terms of advanced features for enhanced in-vehicle experience, increase in driver safety awareness, upsurge in the trend of autonomous and electric vehicles, the increasing connectivity of vehicles with external networks and devices, and the drive for competitiveness and brand differentiation in the automotive industry are some of the factors driving the demand for automotive HMI market.

• Published: May 2024

Recreational Boat Industry - Forthcoming Trends to Fuel the Global Growth

The recreational boat market is expected to reach USD 25.9 billion in 2028 from USD18.9 billion in 2023, at a CAGR of 6.5% during the forecast period. In the near future, demand for recreational boat is expected to increase due to favourable investment made for boat industry.

• Published: May 2024

Nuclear Power Plant Equipment Industry - Forthcoming Trends to Fuel the Global Growth

The global nuclear power plant equipment market is projected to reach USD 18.6 billion by 2027 from an estimated USD 15.7 billion in 2022, at a CAGR of 3.5% during the forecast period. The major factors driving the growth of this market include the growing demand of energy for high performance.

• Published: May 2024

Nuclear Power Plant Equipment Market Size & Share - Future Growth Expectations

The global nuclear power plant equipment market size is projected to reach USD 18.6 billion by 2027 from an estimated USD 15.7 billion in 2022, at a CAGR of 3.5% during the forecast period. The major factors driving the growth of this market include the growing demand of energy for high performance.

• Published: May 2024

Recreational Boat Market Size & Share - Future Growth Expectations

The recreational boat industry is projected to grow from USD 18.9 billion in 2023 to USD 25.9 billion in 2028, at a Compound Annual Growth Rate (CAGR) of 6.5% during the forecast period. In the near future, demand for recreational boat is expected to increase due to favourable investment made for boat industry.

• Published: May 2024

Weigh-In-Motion System Industry - Forthcoming Trends to Fuel the Global Growth

The weigh-in-motion system market is projected to reach USD 1.8 billion by 2027 from USD 1.1 billion in 2022, at a CAGR of 10.0% during the forecast period. Increasing government initiatives toward intelligent transportation systems and increasing public-private partnerships (PPPs) are boosting the growth of the weigh-in-motion system market.

• Published: May 2024

Portable Generator Industry - Forthcoming Trends to Fuel the Global Growth

The global Portable generators market is expected to grow at a CAGR of 6.0% during the forecast period, from an estimated USD 2.2 billion in 2022 to USD 2.9 billion in 2027. The market for portable generators is influenced by factors such as demand for reliable backup power solutions, frequency and severity of power outages, growth in outdoor recreational activities, and construction and industrial activities. Manufacturers in this market compete on factors such as price, fuel efficiency, power output, durability, and features such as noise reduction and portability.

• Published: May 2024

Weigh-In-Motion System Size & Share - Future Growth Expectations

The weigh-in-motion system market is projected to reach USD 1.8 billion by 2027 from USD 1.1 billion in 2022, at a CAGR of 10.0% during the forecast period. Increasing government initiatives toward intelligent transportation systems and increasing public-private partnerships (PPPs) are boosting the growth of the weigh-in-motion system market.

• Published: May 2024