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Thermo Fisher Scientific Inc. (US), Danaher Corporation (US) and Merck KGaA (Germany) are Leading Players in the Cell Expansion MarketThe cell expansion market is projected to reach USD 26.7 billion by 2029 from an estimated USD 14.3 billion in 2024, at a CAGR of 13.3% during the forecast period. The major factors driving the growth of this cell expansion market include growing need for cell and gene therapy, rising focus on personalized medicine, and increasing investments in cell-based research. ...... Read More |
March 19, 2024 |
Atlanta AG (Germany), BASF SE (Germany) are Leading Players in the Ink Additives MarketThe global ink additives market size was USD 2.3 billion in 2024 and is projected to reach USD 2.9 billion by 2029, at a CAGR of 5.3% between 2024 and 2029. The rise is attributed to growing applications, ink industry technological developments, and expanding demand from the packaging sector in Asia-Pacific, particularly from China, Vietnam, Indonesia, and India. ...... Read More |
March 18, 2024 |
Carl Zeiss Meditec AG (Germany) and EssilorLuxottica (France) are Leading Players in the Optometry Equipment MarketThe global optometry equipment market is valued at an estimated USD 4.5 billion in 2024 and is projected to reach USD 6.1 billion by 2029, at a CAGR of 6.4% during the forecast period. The growing incidence of eye conditions, the aging population, and technical developments in optometry equipment are driving factors in the optometry equipment market. ...... Read More |
March 18, 2024 |
Usher Agro Limited (India) and KRBL Ltd. (India) are Leading Players in the Rice Husk Ash MarketThe global rice husk ash market is projected to grow from USD 2.6 billion in 2023 to USD 3.2 billion by 2028, at a CAGR of 4.5 % during the forecast period. The primary function of rice husk ash (RHA) is to serve as a pozzolanic material, which means it contributes to improving the long-term strength and durability of concrete when mixed with cement. Widely used for building & construction, silica, steel industry, rubber, ceramics & refractory industry. ...... Read More |
March 15, 2024 |
Intuitive Surgical, Inc. (US) and Stryker Corporation (US) are Leading Players in the Medical Robots MarketThe medical robots market is projected to reach USD 33.8 billion by 2029 from USD 16.0 billion in 2024, at a CAGR of 16.1% from 2024 to 2029. Medical robots are employed in numerous fields—for example, operating medical robots are used to perform certain surgeries. They are also used in rehabilitation therapy and dispensing medicines in hospitals and pharmacies. The major types of medical robots are surgical robots, hospital and pharmacy robots, rehabilitation robots, and noninvasive radiosurgery robots. Surgical robots dominate the overall medical robots market. The growth of this market is driven by the aging population and rising chronic diseases, technological advancements, increasing need for automation in healthcare, improving reimbursement scenarios, and advancements in healthcare funding & infrastructure. However, the high cost of the robotic systems inhibits the market growth. ...... Read More |
March 15, 2024 |
Silicon Carbide Companies - STMicroelectronics N.V. (Switzerland) and Infineon Technologies AG (Germany) are the Key PlayersThe silicon carbide market is estimated to be worth USD 4.2 billion in 2024 and is projected to reach USD 17.2 billion by 2029, at a CAGR of 32.6% during the forecast period. The growing deployment of SiC devices in electric vehicles is a key factor that contributes towards the market growth of silicon carbide. Moreover, surging adoption of SiC devices in telecommunication applications is expected to provide growth opportunities for market players offering silicon carbide devices. ...... Read More |
March 15, 2024 |
SPECTROLAB(US) and AZUR SPACE Solar Power GmbH (Germany) are Leading Players in the Satellite Solar Cell Materials MarketThe satellite solar cell materials market is projected to reach USD 96 million by 2030, at a CAGR of 13.7% from USD 44 million in 2024. Demand from driving factors like space exploration plays a pivotal role in fueling the satellite solar cells market. The demand for sophisticated technologies, such as satellite solar cells, arises from the necessity for efficient power generation in space missions. ...... Read More |
March 15, 2024 |
Hoffmann-La Roche Ltd (Switzerland) and Johnson & Johnson Services, Inc. (US) are Leading Players in the Monoclonal Antibody (mABs) Therapeutics MarketThe monoclonal antibody therapeutics market is projected to reach USD 497.5 billion by 2029 from an estimated USD 252.6 billion in 2024, at a CAGR of 14.5% during the forecast period. The major factors driving the growth of this monoclonal antibody therapeutics market include increasing prevalence of chronic diseases, advancements in biotechnology, growing investment in R&D, rising demand for targeted therapies, expanding applications in cancer and autoimmune diseases, and favorable regulatory initiatives fostering innovation and market expansion. ...... Read More |
March 15, 2024 |
Honeywell International Inc. (US) and Teijin Limited (Japan) are Leading players in the Vehicle Armor Materials MarketThe Vehicle armor materials market is projected to reach USD 9.3 billion by 2029, at a CAGR of 6.7% from USD 6.7 billion in 2024. The driving factors behind the selection and development of vehicle armor materials are multifaceted, reflecting the need to balance protection, weight, cost, and performance requirements. ...... Read More |
March 14, 2024 |
Varex Imaging (US) and Canon (Japan) are Leadig Players in the X-Ray Detectors MarketThe global X-ray detectors market is projected to reach USD 4.2 billion by 2029 from USD 3.1 billion in 2023, at a CAGR of 5.0% from 2023 to 2029. The increasing prevalence of cancer, cardiovascular diseases, and orthopedic issues affects individuals across all age groups, from infants to the elderly, globally. These conditions require proper diagnosis, and medical professionals rely on X-ray detectors as essential tools to aid in the diagnosis process. ...... Read More |
March 14, 2024 |
System Integrator Companies - John Wood Group PLC (UK) and ATS Corporation (Canada) are the Key PlayersThe global system integrator market will grow from USD 29.7 billion in 2024 to USD 40.3 billion in 2029 at a CAGR of 6.3% during the forecast period. The rising adoption of Industry 4.0 and digitization, as well as the continued adoption of cloud computing, are the major driving factors for the growth of the system integrator market. ...... Read More |
March 13, 2024 |
Air Liquide (France) and Air Products and Chemicals, Inc. (US) are Leading Players in the Gas Separation Membrane MarketThe gas separation membrane market is projected to reach USD 1.6 billion by 2030, at a CAGR of 7.4% from USD 1.0 billion in 2023. The growth of the global gas separation membrane market is fueled by regulations pertaining to carbon capture and the increasing need for nitrogen generation. The demand for cleaner energy sources is driven by environmental concerns and the need to reduce dependence on fossil fuels, increase the demand for gas separation membranes used in applications such as natural gas processing and hydrogen production. ...... Read More |
March 13, 2024 |
Top Companies in Field Service Management Industry - Oracle (US) and Microsoft (US)The Field Service Management Market is expected to grow at a Compound Annual Growth Rate (CAGR) of 12.8% during the forecast period, from USD 4.0 billion by 2023 to USD 7.3 billion by 2028. The need for on-site support and enhancing customer experience is expected to drive the adoption of FSM solutions during the forecast period. ...... Read More |
March 13, 2024 |
Thermo Fisher Scientific Inc., (US) and Danaher Corporation (US) are Leading Players in the Laser Capture Microdissection MarketThe laser capture microdissection market is projected to reach USD 306 million by 2029 from an estimated USD 184 million in 2024, at a CAGR of 10.6% during the forecast period. The major factors driving the growth of this market include the increasing R&D funding, increasing outsourcing of laser capture microdissection related services, increase in healthcare expenditure. However, the high cost of instruments, accessories and maintenance is a major factor restraining market growth to a certain extent. ...... Read More |
March 13, 2024 |
Abbott Laboratories (US) and Medtronic plc (Ireland) are Leading Players in the Minimally Invasive Surgery MarketThe minimally invasive surgery market is projected to reach USD 74.6 billion by 2029 from USD 34.0 billion in 2024, growing at a CAGR of 17.0% during the forecast period. Growth in the minimally invasive surgery market is mainly due to an increase in technological advancements, Growing investments and funds and patient benefits such as reduced time and quick recovery. ...... Read More |
March 12, 2024 |
Top Companies in Electric Tractor Industry - Kubota Corporation (Japan), Solectrac (US), AGCO Corporation (US) and CNH Industries NV (Netherlands)The electric tractor market is estimated to grow from USD 0.7 billion in 2024 to USD 3.4 billion by 2030 at a CAGR of 28.3% during the forecast period. The electric tractor market is increasing due to advancements in battery technology, stringent emission norms, precision agriculture, and incentives for electric tractors. Hence, these factors are driving the electric tractor market. ...... Read More |
March 12, 2024 |
DOW (US) and Versalis S.p.A (Italy) are Leading Players in the EPDM MarketThe global EPDM market is projected to grow from USD 3.9 billion in 2023 to USD 5.2 billion by 2028, at a CAGR of 5.9% during the forecast period. The rising automotive sector in the APAC region is driving the EPDM market during the forecast period. ...... Read More |
March 12, 2024 |
Precision Farming Software Companies - Deere & Company (US) and Trimble Inc. (US) are the Key PlayersThe Precision Farming Software Market is projected to reach from USD 1.7 billion in 2024 to USD 3.1 billion by 2029; it is expected to grow at a CAGR of 12.5% from 2024 to 2029. The precision farming software market is witnessing significant growth mainly due to its capacity to enhance efficiency, decrease expenses, promote sustainability, and enable data-driven decision-making in modern agriculture. ...... Read More |
March 12, 2024 |
Leading Companies in Passenger Information System Industry - Advantech Co., Ltd. (Taiwan) and Alstom SA (France)The global passenger information system market size is projected to grow from USD 29.3 billion in 2023 to USD 52.6 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 12.4%. Continued growth in the passenger information system market is fueled by several reasons including reduction in operational cost, increased efficiency and productivity, and enhanced accessibility. Passenger information systems play a significant role in modern transportation to improve passengers' travel experience by providing real-time updates on arrival and departure times, delays, disruptions, and route changes. ...... Read More |
March 11, 2024 |
Smart Sensors Companies - Analog Devices, Inc. (US) and TE Connectivity (Switzerland) are the Key PlayersThe smart sensors market was valued at USD 61.9 billion in 2024 and is projected to reach USD 136.3 billion by 2029; it is expected to grow at a CAGR of 17.1% from 2024 to 2029. Surging demand for IOT-based devices and consumer electronics, increasing use of smart sensors to meet Industry 4.0 requirements, and high demand for smart sensors in automobile industry are some of the key drivers driving the growth of smart sensors market. ...... Read More |
March 11, 2024 |
Medtronic plc (Ireland) and Boston Scientific Corporation (US) are Leading Players in the Electroceuticals/Bioelectric Medicine MarketThe global electroceuticals/bioelectric medicine market is projected to reach USD 33.6 billion by 2029 from USD 23.9 billion in 2024, at a CAGR of 7.0% during the forecast period. The electroceuticals market is experiencing growth primarily due to factors such as an increasing elderly population leading to higher prevalence of neurological, hearing loss and cardiovascular disorders, growing government support and funding for neurological disorders, and rising investments in research on CRM devices. However, the market is hindered by challenges such as the high cost of electroceutical devices and the need for significant capital investments. ...... Read More |
March 11, 2024 |
Smurfit Kappa Group (Ireland) and Sealed Air Corporation (US) are Leading players in the Protective Packaging MarketThe protective packaging market is projected to grow from USD 33.3 billion in 2023 to USD 44.5 billion by 2028 at a CAGR of 5.9%. The protective packaging market is driven by a multitude of factors, including the rising demand for safe and secure transportation of goods in various industries such as e-commerce, pharmaceuticals, electronics, and food and beverage. Additionally, increasing awareness regarding sustainability and environmental concerns has led to the adoption of eco-friendly packaging materials, driving innovation in the protective packaging sector. However, the market also faces challenges such as fluctuating raw material prices, stringent regulations regarding packaging waste and recycling, and the need for continuous innovation to keep pace with evolving consumer preferences and industry requirements. ...... Read More |
March 11, 2024 |
Aircraft Engine Test Cells Companies - Safran (France) and MDS Aero Support Corporation (US) are the Key PlayersAircraft engine test cells market is projected to grow from USD 3.3 billion in 2023 to USD 4.1 billion by 2028, at a CAGR of 4.2% during the forecast period. As aviation technology evolves, the need for rigorous testing and validation of engines becomes increasingly crucial. This market encompasses a range of aircraft engine test cell solutions, including test benches, data acquisition systems, control systems, software, and ancillary systems. With the global expansion of air travel and the emergence of new aircraft programs, such as use of sustainable aviation fuel (SAF), the demand for advanced test cell solutions is expected to grow significantly. Additionally, stringent regulatory standards and certifications further propel market growth as manufacturers strive to meet compliance requirements. ...... Read More |
March 11, 2024 |
Top Companies in Open Banking Solutions Industry - Plaid (US), Envestnet (US) and Finicity (US)The Open banking solutions market is anticipated to expand at a Compound Annual Growth Rate (CAGR) of 16.0% from USD 5.5 billion in 2023 to USD 11.7 billion in 2028 throughout the forecast period. An urge to shift to digital banking platforms and digital lending, from traditional practices, strict adherence and compliance to regulatory and government-led reporting standards across verticals and regions, demand for user experience centricity across verticals, digitalization, and automation are expected to drive the growth of the global Open banking solutions market. ...... Read More |
March 8, 2024 |
Toshiba Energy Systems & Solutions Corporation (Japan), Siemens Energy AG (Germany) are Leading Players in the Green Hydrogen MarketThe green hydrogen market is projected to grow from USD 1.1 billion in 2023 to USD 30.6 billion by 2030, at a CAGR of 61.1% during the forecasted period. Green hydrogen is increasingly utilized in various industries like power, grid injection, mobility, and industrial processes. The countries are aggressively moving towards emission-free economies, with the green hydrogen economy being a top strategy. In the mobility sector, Fuel Cell Electric Vehicles (FCEVs) using hydrogen are gaining traction due to their high power-to-weight ratio and quick refilling times compared to conventional electric vehicles. In the shipping industry, green ammonia is emerging as a preferred fuel due to its higher energy density and its compatibility with existing engines and fuel cells. ...... Read More |
March 8, 2024 |
Thermo Fisher Scientific Inc. (US) and Bio-Rad Laboratories, Inc. (US) are Leading Players in the Gene Expression Analysis MarketThe gene expression analysis market is projected to reach USD 6.2 billion by 2029 from an estimated USD 4.2 billion in 2024, at a CAGR of 8.1% during the forecast period. The major factors driving the growth of this gene expression analysis market include growing advancements in gene editing technologies, increasing funding initiatives for genomic research, and growing preference for therapeutic medicines. ...... Read More |
March 8, 2024 |
Merck KGaA (Germany) and Danaher Corporation (US) are Leading Players in the Pharmaceutical Membrane Filtration MarketThe global pharmaceutical membrane filtration market is projected to reach USD 19.6 billion by 2029 from USD 10.6 billion in 2024, at a CAGR of 13.1% during the forecast period of 2024 to 2029. Growth in the pharmaceutical membrane filtration market can be attributed to factors such as increasing R&D spending in pharmaceutical & biotechnology industries, increasing adoption of single-use technologies, high purity requirements among end users, and strict regulatory requirements. On the other hand, membrane fouling issues along with the high capital investment required to set up new production facilities are expected to hinder market growth. ...... Read More |
March 7, 2024 |
Daigas Group (Japan) and Kuraray Co., Ltd. (Japan) are Leading players in the Activated Carbon MarketThe activated carbon market size is estimated to be USD 4.4 billion in 2023, and it is projected to reach USD 8.4 billion by 2030 at a CAGR of 9.8%. The global Activated carbon industry is undergoing significant growth, driven by its wide range applications and the rising demand for sustainable alternatives. Most manufacturers in this market are based in North America and Asia Pacific. Daigas Group (Japan), Kuraray Co., Ltd. (Japan), Haycarb PLC (Sri Lanka), Norit (Netherlands), and Kureha Corporation (Japan) are among the leading players operating in the activated carbon market. These players have adopted various growth strategies to strengthen their position in the market. This includes expansions and acquisition activities further to expand their presence in the activated carbon market. ...... Read More |
March 7, 2024 |
Leading Companies in Identity Verification Industry - LexisNexis Risk Solutions (US) and Equifax (US)MarketsandMarkets forecasts the global identity verification market size to be estimated at USD 10.9 billion in 2023 and is projected to reach USD 21.8 billion by 2028, at a CAGR of 14.9% during the forecast period. The increasing prevalence of online transactions and digital services heightens the demand for secure and efficient identity verification solutions within the market, driven by the need to combat fraud, ensure regulatory compliance, and enhance user trust and safety. ...... Read More |
March 7, 2024 |
Future of Airport Industry to 2030 Market and BeyondThe aviation landscape is on the brink of a revolutionary transformation, set to redefine the experience of air travel from the ground up. The "Future of Airports Study" delves into this evolution, vividly depicting what airports will look like in 2030 and beyond. Aimed at a wide array of stakeholders, from airport operators to urban planners and tech innovators, this report is a treasure trove of insights into the next generation of air travel. ...... Read More |
March 7, 2024 |
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