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Process Mining Market Revolution: AI, RPA, Cloud Power the Future

Process mining market is expected to grow at a compound annual growth rate (CAGR) of 45.6% over the course of the forecast period, from an anticipated USD 1.8 billion in 2023 to USD 12.1 billion by 2028.

To know about the assumptions considered for the study download the pdf brochure

Here are the Emerging trends in the global Process Mining Market:

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September 24, 2027

Zero Trust Architecture Market Size, Share and Future Prospects

The size of the worldwide zero trust architecture market is expected to increase from USD 17.3 billion in 2023 to USD 38.5 billion by 2028, At a Compound Annual Growth Rate (CAGR) of 17.3% over the course of the forecast period

To know about the assumptions considered for the study download the pdf brochure

The Zero Trust Architecture Market is experiencing significant growth driven by a compelling mix of factors that make this security approach increasingly attractive for organizations:

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June 24, 2026

Top Companies in Green Ammonia Industry - Siemens Energy (Germany), ACME Group (India), ThyssenKrupp AG (Germany), Nel ASA (Norway), and Yara (Norway)

The green ammonia market is expected to grow from an estimated in USD 0.3 billion in 2024 to USD 6.2 billion by 2030, at a CAGR of 66.0% during the forecast period. Rising investment in renewable energy projects and a decline in power generation cost is expected to drive the market.

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August 5, 2024

Top Companies in Generative AI Cybersecurity Industry - Google (US), AWS (US), CrowdStrike (US) and Palo Alto Networks (US)

The global market for generative AI cybersecurity is anticipated to grow at a compound annual growth rate (CAGR) of 33.4% over the course of the forecast period, from an estimated USD 7.1 billion in 2024 to USD 40.1 billion by 2030. Global demand for generative AI cybersecurity is witnessing a rapid spike as enterprises face increasingly sophisticated cyberthreats that are challenging to neutralize with traditional security measures. The attack surface has expanded vehemently, which has prompted a shift toward more complex solutions like generative AI. Real-time threat detection and response—which is enabled by these technologies—is essential for protecting sensitive data and adhering to regulations. Furthermore, while many companies suffer with a shortage of cybersecurity talent, generative AI solutions help automate processes, freeing staff to focus on strategic objectives.

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July 26, 2024

Proximity Sensor Companies - OMRON Corporation (Japan) and KEYENCE CORPORATION (Japan) are the Key Players

The proximity sensor market is projected to grow from USD 4.3 billion in 2024 and is projected to reach USD 6.6 billion by 2030; it is expected to grow at a CAGR of 7.5% from 2024 to 2030. The growing adoption of Industry 4.0 drives the growth of the proximity sensor market.

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July 26, 2024

Top Companies in Feed Robotics Industry - Lely Holdings (Netherlands), DeLaval (Sweden) and GEA (Germany)

The Feed Robotics market is projected to grow from USD 1.6 billion in 2024 to USD 2.5 billion by 2029, at a CAGR of 11.5% during the forecast period. This remarkable growth is driven by the increasing demand for automation in agriculture, which aims to enhance efficiency, reduce labor costs, and address the global shortage of skilled farm labor. Additionally, the integration of advanced technologies such as artificial intelligence (AI), machine learning, and the Internet of Things (IoT) in feed robotics systems is significantly enhancing the capabilities and performance of these machines. Major industry players are heavily investing in research and development to innovate and improve the functionality of feed robots, making them more adaptable to various farming environments and capable of handling a diverse range of feed types. This market expansion is further supported by governmental initiatives promoting precision farming and sustainable agricultural practices, as well as rising awareness among farmers about the long-term cost benefits and productivity gains associated with the adoption of feed robotics. With ongoing advancements and strategic collaborations, the global feed robotics market is poised for substantial growth, promising to revolutionize the agricultural sector in the coming years.

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July 26, 2024

Danaher Corporation (US) and Merck KGaA (Germany) are Leading players in the Cell Isolation/Separation Market

The cell isolation market is expected to grow from USD 4.6 billion in 2024 to USD 8.4 billion by 2029, at a CAGR of 12.9%. Growing focus on personalized treatment and increased government financing for cell-based research are some of the factors propelling this market's expansion.

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July 26, 2024

Akzo Nobel N.V. (Netherlands), PPG Industries Inc. (US) are Leading Players in the Paints & Coatings Market

The paints & coatings market is projected to grow from USD 194.5 billion in 2024 to USD 227.5 billion by 2029, at a CAGR of 3.2% between 2024 and 2029. Paints & coatings are necessary in the residential sector to preserve different surfaces and to improve aesthetic appeal. With the variety of colors, textures, and finishes they provide, homeowners may showcase their individual taste and blend in with existing architectural elements. In addition to being aesthetically pleasing, these coatings are essential for protecting surfaces from the weather. They aid in shielding exteriors, walls, and ceilings from UV rays, moisture, and other contaminants that might eventually cause harm. Low-VOC (volatile organic compound) and environmentally friendly paint alternatives have been developed as a result of recent advances in paint technology, improving indoor air quality and lessening environmental effect. Because these paints are designed to reduce hazardous emissions, they are a healthier option for the health of your home and the environment. Furthermore, modern coatings frequently include improved qualities like resistance to mildew, which helps preserve the longevity and cleanliness of surfaces in moist environments.

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July 26, 2024

Top Companies in Egg Replacers Industry - Cargill, Incorporated (US), ADM (US) and Kerry Group plc (Ireland)

The egg replacers market is estimated at USD 2.3 billion in 2024 and is projected to reach USD 3.3 billion by 2029, at a CAGR of 8.0% from 2024 to 2029.

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July 25, 2024

BASF SE (Germany) and Henkel AG & Co. KGaA (Germany) are Leading Players in the Sustainable Adhesives Market

The sustainable adhesives market is projected to reach USD 3.7 billion by 2029, at a CAGR of 5.2% from USD 2.9 billion in 2024. The growth of the sustainable adhesives market is driven by several key factors. Increasing environmental awareness and stringent regulations are pushing industries to adopt eco-friendly alternatives, reducing the use of hazardous chemicals and minimizing environmental impact. The rise in consumer demand for sustainable products is also a significant driver, as customers prefer eco-friendly packaging and products. Technological advancements have led to the development of bio-based adhesives with performance comparable to traditional adhesives, making them more attractive to manufacturers. Additionally, industries such as automotive, construction, and packaging are increasingly adopting sustainable adhesives to meet sustainability goals and improve their environmental footprint. Government initiatives promoting green and sustainable practices further bolster market growth. The overall trend towards a circular economy, emphasizing the reuse and recycling of materials, also supports the adoption of sustainable adhesives. As companies strive to enhance their corporate social responsibility (CSR) profiles, the integration of sustainable adhesives in their processes becomes crucial. These factors collectively contribute to the robust growth trajectory of the sustainable adhesives market, as industries and consumers alike prioritize sustainability and environmental stewardship.

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July 25, 2024

Top Companies in Fire Truck Industry - Rosenbauer International AG (Austria), Oshkosh Corporation (US), Morita Holdings Corporation (Japan), and REV Group (US)

The fire truck market is estimated to grow from USD 8.1 billion in 2024 to USD 9.6 billion by 2030 at a CAGR of 2.7% during the forecast period. A driving factor for the fire truck market is due to increase in urban cities and industrial area. As the urban area and smart cities expand the industrial investments have also grown parallelly, which has also increased the risk of fires escalates, necessitating advanced fire-fighting solutions. Governing bodies are implementing fire safety regulations, compelling urban and industrial sectors to upgrade their fire-fighting capabilities. Technological advancements, such as implementation of IoT and Al for real-time monitoring and response, has increased the efficiency and appeal of technically advanced fire truck. Additionally, the increasing clean environment awareness has boosted the demand for hybrid and electric fire trucks. Moreover, continuous need for replacing the aging fire trucks in developed countries is further boosting the market growth.

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July 25, 2024

Top Companies in Electric Bus Industry - BYD Company Ltd. (China), Yutong Co. and Ltd is (China)

The global electric bus market is projected to grow at a CAGR of 14.2% during the forecast period, from an estimated market size of USD 17.0billion in 2024 to USD 37.5 billion by 2030.

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July 25, 2024

Medtronic plc (Ireland) and Olympus Corporation (Japan) are Leading Players in the Functional Endoscopic Sinus Surgery Market

The global functional endoscopic sinus surgery market is projected to reach USD 1.7 billion by 2029 from USD 1.2 billion in 2024, at a CAGR of 7.6% during the forecast period. The growing prevalence of chronic sinusitis, increasing preference for MIS, advancements in technology, growing awareness, improved patient outcome, and innovation in surgical techniques to drive the market. However, risks involved in surgeries and higher procedural costs restrain market growth. The Functional endoscopic sinus surgery market is consolidated and is dominated by few players. The major players operating in this market are Medtronic plc (Ireland), Olympus Corporation (Japan), Stryker Corporation (US), B. Braun Melsungen Ag (Germany), and KARL STORZ (Germany).

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July 24, 2024

Market Leader - Aerogel Market

In terms of value, the aerogel market is estimated to grow from USD 0.9 billion in 2024 to USD 1.6 billion by 2029, at a CAGR of 12.8%. Aerogel market have grown as the mounting technological innovations and advancemnts, rising superior thermal insulation of aerogels and growing energy efficiency regulations. These factors drive the aergoel market.

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July 23, 2024

Danaher (US) and F. Hoffmann-La Roche Ltd. (Switzerland) are Leading Players in the Molecular Diagnostics Market

The molecular diagnostics market is valued at an estimated USD 17.3 billion in 2024 and is projected to reach USD 32.7 billion by 2029 at a CAGR of 13.5% during the forecast period. The growing availability of funds for research and development (R&D), government initiatives focused on early disease detection, and the increasing technological advancements by key companies supports the growth and development of the molecular diagnostics market.

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July 23, 2024

Koninklijke Philips N.V. (Netherlands) and ResMed (US) are Leading Players in the Sleep Apnea Devices Market

The sleep apnea devices market is valued at an estimated USD 6.5 billion in 2024 and is projected to reach USD 9.3 billion by 2029 at a CAGR of 7.3% during the forecast period. The growth of this market is mainly driven by innovations in sleep apnea devices such as advancement in CPAP machines and wearable diagnostics.

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July 23, 2024

VCSEL Companies - Coherent Corp. (US) and Lumentum Operations LLC (US) are the Key Players

The VCSEL market was valued at USD 1.3 billion in 2024 and is expected to reach USD 1.9 billion by 2029, registering a CAGR of 8.1% during the forecast period. Growth in the application of VCSELs in data communication, increased adoption of 3D sensing applications in smartphones, and increased usage of facial recognition and biometric security systems are some of the major factors for the growth of the VCSEL market.  The key growth strategies adopted by the market players in the VCSEL market ecosystem to expand their presence in the market, enhance their product portfolios, and increase their market share in the market mainly include new product launches, collaborations, partnerships and acquisitions.

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July 23, 2024

Gilead Sciences, Inc. (US) and Novartis AG (Switzerland) are Leading Players in the CAR T-cell Therapy Market

The CAR T-cell therapy market is projected to reach USD 29.0 billion by 2029 from an estimated USD 5.5 billion in 2024, at a CAGR of 39.6% during the forecast period. The growth of the CAR T-cell therapy market is propelled by growing prevalence of cancer and technological advancements in the CAR T-cell therapy market. Additionally, rising investment and funding for CAR T-cell therapy development is further likely to drive the market growth.

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July 19, 2024

Mohawk Industries, Inc. (US) and Shaw Industries Group, Inc. (US) are Leading Players in the Stone Flooring Market

The global stone flooring market size is projected to grow from USD 14.7 billion in 2024 to USD 19.9 billion by 2029, at a CAGR of 6.3% during the forecast period.

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July 18, 2024

Merck & Co., Inc. (US), Johnson & Johnson Services, Inc. (US) are Leading Players in the Immunotherapy Drugs Market

The immunotherapy drugs market is projected to grow from USD 285.3 billion in 2024 to USD 580.6 billion by 2029, with a CAGR of 15.3%. Growing demand for personalized medicines and targeted therapies is expected to drive the market growth. Personalized medicine aims to customize treatments for individual patients based on their genetic makeup, disease characteristics, and other factors. Immunotherapy drugs offer a precise & targeted approach to therapy, aligning with the principles of personalized medicine.

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July 18, 2024

Epic Systems Corporation. (US) and Oracle (US) are Leading Players in the Healthcare Information Exchange Market

The Health Information Exchange market is projected to reach USD  2.8 billion by 2029 from USD  1.7 billion in 2024, at a CAGR 10.2% from 2024  to 2029. The Health Information Exchange market is driven by the increasing adoption of electronic health records (EHRs) and other digital health technologies thus by fostering the need for seamless data exchange among healthcare providers. This demand is further fueled by government initiatives promoting interoperability and data sharing to improve patient care coordination and outcomes. However, funding constraints and resource limitations pose challenges to the adoption and sustainability of HIE initiatives, particularly for smaller healthcare providers and rural healthcare facilities. Additionally, concerns about data privacy, security breaches, and patient consent issues may impede trust and adoption among both healthcare providers and patients, highlighting the need for robust governance frameworks and data protection measures.

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July 17, 2024

Powering Efficiency: The Energy Management in Railways Market

The railway industry is undergoing a significant transformation. Sustainability is a major focus, with a push towards reducing carbon footprint and optimizing energy consumption. This is where two pivotal markets converge: Railway Management Systems (RMS) and Energy Management in Railways. While they may seem like distinct entities, they share a symbiotic relationship, working together to create a more efficient and eco-friendly railway network.

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July 17, 2024

Top Companies in Wind Turbine Protection Industry - BASF SE (Germany), 3M (US), Akzo Nobel N.V. (Netherlands) and Trelleborg AB (Sweden)

The wind turbine protection market is forecast to reach USD 2.8 billion by 2029 from an estimated USD 1.7 billion in 2024, at a CAGR of 10.5% during the forecast period (2024-2029). The increasing demand for renewable energy sources, operational cost reduction, and growing need for efficient solutions for longer wind turbine life are the key factors driving the wind turbine protection market.

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July 17, 2024

OCI N.V. (Netherlands), Carbon Recycling International Inc. (Iceland) are Leading players in the Green Methanol Market

The global Green Methanol market is projected to grow from USD 1.9 billion in 2024 to USD 11.1 billion by 2030, at a CAGR of 33.8% during the forecast period. Green methanol, also known as renewable methanol, is an ultra-low carbon chemical produced through sustainable processes. Green methanol can be categorized into two main types: bio-methanol and e-methanol, which are determined by the green feedstocks employed.

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July 17, 2024

Toray Industries, Inc. (Japan) and SGL Carbon (Germany) are Leading Players in the EV Composites Market

The EV composites market is projected to grow from USD 2.3 billion in 2024 to USD 5.1 billion by 2029, at a CAGR of 17.1% during the forecast period.

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July 16, 2024

Top Companies in Climate Adaption Industry - Baker Hughes Company (US), Exxon Mobil Corporation (US), Climeworks (Switzerland), INTERNATIONAL BUSINESS MACHINES CORPORATION (US) and Vaisala (Finland)

The global Climate adaption market is projected to grow from an estimated USD 23.2 billion in 2024 to USD 40.4 billion by 2030, demonstrating a CAGR of 9.7% during the forecasted period of 2024-2030. Climate adaption refers to preparing for and responding to the current and anticipated effects of climate change. It involves modifying processes, practices, and structures to minimize potential damages or capitalize on opportunities linked to climate change.

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July 16, 2024

Top Companies in Software Defined Vehicle Industry - Baker Hughes Company (US), Exxon Mobil Corporation (US), Climeworks (Switzerland), INTERNATIONAL BUSINESS MACHINES CORPORATION (US) and Vaisala (Finland)

The Software Defined Vehicle market size is projected to grow from USD 213.5 Billion in 2024 to USD 1,237.6 Billion by 2030, at a CAGR of 34.0%. The need for SDV technology to improve the driving experience will rise due to factors like reduced recall and manufacturing costs and personalized client engagement, among others. Further, increased adoption of 5G technology and integration of ADAS and AI in digital cockpits of vehicles are expected to boost demand for SDVs, with advanced FOD and value-added services developing additional revenue streams for OEMs.

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July 16, 2024

Danaher Corporation (US) and Koninklijke Philips N.V. (Netherlands) are Leading Players in the Digital Pathology Market

The digital pathology market is projected to reach USD  2.0 billion by 2029 from USD  1.1 billion in 2024, at a CAGR 13.1% from 2024  to 2029. The global shortage of pathologists has emerged as a critical driver for the digital pathology solutions market. Currently, over 102,000 pathologists are unevenly spread across more than 130 countries, with two-thirds concentrated in just 10 nations. This uneven distribution of pathologists across regions, where some areas manage large workloads while others face severe shortages and resulting delays, contributes significantly to the increasing demand for digital pathology solutions. In addition, market growth is fueled by advancements in image analysis algorithms, artificial intelligence (AI) applications for pattern recognition, and cloud-based solutions that enhance scalability and accessibility. However, lack of trained pathologits and high capital investment limits the adoption of digital pathology solutions.

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July 16, 2024

Fortive (US) and Mirion Technologies Inc. (US) are Leading Players in the Radiation Detection, Monitoring & Safety Market

The global radiation detection, monitoring, and safety market is expected to grow at a CAGR of 8.3 % during the forecasted period to reach USD 4.4 Billion by 2029 from an estimated USD 2.9 Billion in 2024. Factors influencing the growth of this market are majorly cancer prevalence, safety awareness for radiation exposure, growth in the number of radiation-based scans such as CT/PET, and increasing radiation therapy. On the other hand, various alternatives such as renewable energy and the shortage of nuclear power workforce are restraints.

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July 15, 2024

Top Companies in Semi-Autonomous & Autonomous Trucks and Buses Industry - Daimler Truck AG (Germany), AB Volvo (Sweden), Iveco S.p.A. (Netherlands), MAN Truck and Bus SE (Germany), Robert Bosch GmbH (Germany) and Continental AG (Germany)

The Semi-autonomous & autonomous Trucks and Buses market size is projected to grow from USD 40.7 billion in 2024 to USD 179.9 billion by 2035, at a CAGR of 14.4%. Factors such as safety regulations imposed by lawmakers, such as mandates regarding autonomous vehicles, safety, technological advancement in sensors,  and others are expected to increase the demand for Semi-autonomous & autonomous Trucks and Buses.

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July 15, 2024

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