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Baking Ingredients Market worth $22.3 billion by 2026

The report "Baking Ingredients Market by Type (Emulsifiers, Leavening Agents, Enzymes, Baking Powders & Mixes, Oil, Fats & Shortenings, Starch, Colors & Flavors, Preservatives, Fibers), Application (Bread and Sweet Bakery), and Region - Forecast to 2026" The global baking ingredients market is projected to grow from  USD 16.6 billion in 2021 to USD 22.3 billion by 2026, at a CAGR of 6.0% from 2021 to 2026. Increase in  demand for bakery products has significantly increased the demand for baking ingredients. For high-quality professional baking, bakers need large quantities of a handful of ingredients to create everything from muffins and cupcakes to multi-tiered cakes and delicious cookies. Each baking ingredient plays its special role in the process. The processing, distribution, and storage of bakery products necessitates the use of food additives to maintain the quality and freshness that consumers expect. It is to be noted that the ingredients sometimes play different roles, depending on which baking type they are used. The chemistry of bread baking differs somewhat from baking a cake, although they share several similarities.

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April 16, 2021

Laparoscopic Instruments Market worth $22.1 billion by 2026

The report "Laparoscopic Instruments Market by Product (Laparoscope, Insufflator, Suction/Irrigation systems, Access & Energy Devices), Application (Gynecology, General, Urology, Colorectal, Bariatric, Pediatric), End User (Hospital, ASC) - Global Forecast to 2026" The laparoscopic instruments market is expected to reach USD 22.1 billion by 2026 from an estimated USD 12.3 billion in 2021, at a CAGR of 12.5%. Growth in the market is largely driven by the increasing adoption of minimally invasive surgeries over open surgeries, the rising prevalence of colorectal cancer, the increasing number of laparoscopic bariatric procedures, and technological advancements in laparoscopy. On the other hand, reduced Medicare payments to healthcare providers in the US and the dearth of trained professionals in laparoscopy are expected to restrain the overall market growth.

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April 16, 2021

Automotive Fuel Cell Market worth 596,255 units by 2028

The report "Automotive Fuel Cell Market by Component (Fuel Processor, Fuel Cell Stack, Power Conditioner, Air Compressor, Humidifier), Power Output, Hydrogen Fuel Stations, Vehicle Type (Passenger car, LCV, Truck, Bus), Operating Miles, Region - Global Forecast 2028", size is projected to grow from 20,168 units in 2021 to reach 596,255 units by 2028, at a CAGR of 62.2%. Factors such as growing demand for long range zero emissions commuting and governments supporting low emission vehicles through subsidies & tax rebates have led to automakers adopting to FCEV’s and the growth of Automotive fuel cell market.

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April 16, 2021

Hydrogen Aircraft Market worth $7,427 million by 2030

According to a research report "Hydrogen Aircraft Market by Power Source (Hydrogen Combustion, Hydrogen Fuel Cell), Platform (Unmanned Aerial Vehicles, Air Taxis, and Business Jets), Range, Passenger Capacity, Technology, and Region - Global Forecast to 2030", published by MarketsandMarkets, The hydrogen aircraft market is estimated to be USD 143 million in 2020 and is projected to reach USD 7,427 million by 2030, at a CAGR of 28.9% from 2025 to 2030. Recent technological advancements in propulsion systems, fuel cells, improving fuel efficiency, cryogenic storage, hydrogen fuel extraction, and aircraft structural design specifically for hydrogen powered aircraft have defined the era of hydrogen powered aircraft. Further improvements are expected as aircraft OEMs are increasingly collaborating or are part of alliances globally that aim to develop sustainable hydrogen aircraft technology. New startups are further propelling the developments in the market as they develop new concepts related to aircraft applications such as urban air mobility, surveillance, defense, etc. The increasing emphasis on developing new eco-friendly transportation systems has also prompted the governments and regional unions such as the European Union (EU) to support these developments in the form of funds or assistance in developing the hydrogen aircraft industry ecosystem.

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April 16, 2021

Halogen-Free Flame Retardant Bopet Films Market worth $13 million by 2026

The report "Halogen-Free Flame Retardant Bopet Films Market by End-use Industry (Electrical Insulation, Transportation, Building & Construction), Region (APAC, North America, Europe, Rest Of World) - Global Forecast to 2026" The halogen-free flame retardant BOPET films market size is projected to grow from USD 9 million in 2021 to USD 13 million by 2026, at a CAGR of 7.5%. The halogen-free flame retardant BOPET films market is witnessing growing demand from end-use industries such as electrical insulation, transportation, and building & construction.

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April 16, 2021

Artificial Intelligence (Ai) in Medical Diagnostics Market worth $3,868 million by 2025

The report "Artificial Intelligence (Ai) in Medical Diagnostics Market by Component (Software, Service), Application (In Vivo, Radiology, OBGY,MRI, CT, Ultrasound, IVD), End User (Hospital, Diagnostic Laboratory, Diagnostic Imaging Center)- Global Forecast to 2025" The global AI in medical diagnostics market is projected to reach USD 3,868 million by 2025 from USD 505 million in 2020, at a CAGR of 50.2% during the forecast period

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April 15, 2021

Automotive Engineering Services Market worth $253.9 billion by 2027

The report "Automotive Engineering Services Market by Application (ADAS & Safety, Body Electrical & Electronics, Chassis, Connectivity, Interior/Exterior, Powertrain & Exhaust, Battery, Motor, Charger Test, Simulation), Service, Location & Vehicle - Forecast to 2027", is projected to grow at a CAGR of 8.8% from USD  153.3 billion in 2021 to USD  253.9 billion by 2027. The growth of the automotive engineering services market is driven by the rising sales of electric vehicles, increasing R&D investments in the automotive industry, the advent of autonomous vehicles, and the high implementation of connectivity services.

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April 15, 2021

Air-to-Air Refueling Market worth $851 million by 2025

The report "Air-to-Air Refueling Market by System (Probe & Drogue, Boom Refueling, Autonomous), Component (Pumps, Valves, Hoses, Boom, Probes, Fuel Tanks, Pods), Aircraft Type (Fixed, Rotary), Type (Manned, Unmanned), End User, Region - Global Forecast to 2025", size is projected to grow from an estimated USD 501 million in 2020 to USD 851 million by 2025, at a CAGR of 11.2% during the forecast period. This growth can be attributed to the increasing demand for combat aircraft and military spending of various countries.

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April 15, 2021

3D Printing Ceramics Market worth $384 million by 2025

The report "3D Printing Ceramics Market by Material type (Oxide based, non-oxide based), Form,End-use Industry (Aerospace & defense, healthcare, automotive, consumer goods and electronics, construction), Application and Region - Global Forecast to 2025" The 3D printing ceramics market is projected to grow from USD 116 million in 2020 to USD 384 million by 2025. The aerospace & defense segment accounted for a share of 39.7% in terms of value in the 3D printing ceramics market in 2020 and is projected to reach USD 172 million by 2025 at a CAGR of 30.2%. The healthcare sector is projected to witness the second-highest CAGR of 26.5%, growing from USD 25 million in 2020 to USD 82 million by 2025.

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April 15, 2021

Wearable Technology Market worth $265.4 billion by 2026

The report "Wearable Technology Market by Product (Wristwear, Headwear, Footwear, Fashion & Jewelry, Bodywear), Type (Smart Textile, Non-Textile), Application (Consumer Electronics, Healthcare, Enterprise & Industrial), and Geography - Global Forecast to 2026", size is projected to grow from USD 116.2 billion in 2021 to USD 265.4 billion by 2026; it is expected to grow at a CAGR of 18.0% from 2021 to 2026. The key factors contributing to the growth of the wearable technology market include consumer preference for sophisticated gadgets, increasing growth prospects of next-generation displays in wearable devices, and the growing popularity of IoT and connected devices. However, the shorter life cycle of the electronics market is the key restraint for the growth of the wearable technology market. Conversely, the adoption of wearables in multiple application areas and multi-featured and hybrid application mobile devices provide new opportunities for the growth of the wearable technology market. New application areas, such as medical surgery, are being found in wearable technology. Wearable devices are also used as internables/implantables. Internables or implantables are the advanced wearable technology used in medical applications. Internables or implantables are in the form of sensors that can be fitted into the human body to observe various health parameters.

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April 15, 2021

Feed Premix Market worth $32.9 billion by 2026

The report "Feed Premix Market by Ingredient Type (Vitamins, Minerals, Amino Acids, Antibiotics, Antioxidants), Livestock (Poultry, Ruminants, Swine, Aquatic Animals, Equine, and Pets), Form (Dry and Liquid), and Region - Global Forecast to 2026 ",size is estimated to be valued at USD 24.3 billion in 2021 and is projected to reach a value of USD 32.9 billion by 2026, growing at a CAGR of 6.2% during the forecast period. The growth of this market is attributed to increasing awareness about feed quality, and the implementation of innovative animal husbandry practices to improve meat quality are the important drivers for the growth of the feed premix market.

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April 14, 2021

Polyurethane Dispersions Market worth $2.7 billion by 2025

The report "Polyurethane Dispersions Market by Type (Solvent-free and Low-solvent), Application (Paints & Coatings, Adhesives & Sealants, Leather finishing and Textile finishing), and Region – Global Forecast to 2025" The global polyurethane dispersions (PUDs) market size is projected to reach USD 2.7 billion by 2025 from USD 1.9 billion in 2020, at a CAGR of 7.1% during the forecast period.

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April 14, 2021

3D Printing Elastomers Market worth $583 million by 2026

The report "3D Printing Elastomers Market by Form (Powder, Filament, Liquid), Material (TPE, SBR & SBS), Technology (FDM/FFF, SLA, SLS, DLP),End-use Industry (Automotive, Consumer Goods, Aerospace & Defense, Medical & Dental), Region - Global Forecast to 2026" MarketsandMarkets: The 3D printing elastomers market is projected to grow from USD 162 million in 2021 and is projected to reach USD 583 million by 2026, registering a CAGR of 29.1% from 2021-2026. The growing adoption of home 3D printers in the North American and European regions is one of the major factors augmenting the demand for 3D printing elastomers.

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April 14, 2021

Automotive Camera and Integrated Radar and Camera Market worth $10.1 billion by 2026

The report "Automotive Camera and Integrated Radar and Camera Market with COVID-19 Impact Analysis, by Type (Automotive Camera, Integrated Radar and Camera), Application (ADAS, Park Assist), View Type, Vehicle Type, and Geography - Global Forecast to 2026" The global automotive camera and integrated radar and camera market size is projected to grow from USD 6.1 billion in 2021 to USD 10.1 billion by 2026; it is expected to grow at a CAGR of 10.5% from 2021 to 2026. The key factors fueling the growth of this market include increasing demand for advanced security systems, rising demand for vehicle safety systems for premium segment vehicles, and increasing number of regulations mandating safety features in vehicles.

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April 14, 2021

Sterilization Container Systems Market worth $375 million by 2026

The report "Sterilization Container Systems Market by Product (Sterilization Containers, Accessories), Type (Perforated, Non-Perforated), Material (Stainless Steel, Aluminium, Other Materials), Technology (Filter, Valve) - Global Forecast to 2026", is projected to reach USD 375 million by 2026 from USD 324 million in 2021, at a CAGR of 3.0% during the forecast period. Rising incidence of hospital-acquired infections and the increasing number of surgical procedures are the major factors driving the growth of the sterilization container systems market.

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April 14, 2021

Oxidative Stress Assay Market worth $1326 million by 2025

The report "Oxidative Stress Assay Market by Product (Consumable, Instruments, Kits, Services), Test Type (Indirect, nucleic acid, Glutathione, ROS), Technology (ELISA, Chromatography), Diseases (CVD, Oncology) End Users (Pharma & Biotech) - Global Forecasts to 2025", is projected to reach USD 1326 million by 2025 from USD 836 million in 2020, at a CAGR of 9.7%. The growth of this market is mainly driven by growth in the biopharmaceutical industry and increasing public-sector funding for academic research. Other important factors aiding the growth of this market include technological advancements like HCS for drug discovery, increasing R&D expenditure in biotechnology and pharmaceutical industries, and government support for pharmaceutical and biotechnology industries. On the other hand, the high cost of instruments and shortage of trained and qualified personnel are the major factors restraining the growth of this market.

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April 13, 2021

EPDM Market worth $1,214 million by 2026

The report "EPDM Market by application (Automotive, Building & Construction, Plastic Modification, Tires & Tubes, Wires & Cables and Lubricant Additives) Region (North America, Europe, Asia Pacific, Middle East & Africa and South America) – Global Forecast to 2026" The global EPDM market size is estimated to be USD 856 million in 2021 and is projected to reach USD 1,214 million by 2026, at a CAGR of 7.2% between 2021 and 2026

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April 13, 2021

Pest Control Market worth $29.1 billion by 2026

The report "Pest Control Market by Pest Type (Insects, Rodents, Termites), Control Method (Chemical, Mechanical, Biological), Mode of Application (Sprays, Traps, Baits), Application (Residential, Commercial, Industrial), and Region – Global Forecast to 2026" The global pest control market is projected to reach USD 29.1 billion by 2026, from USD 22.7 billion in 2021, at a CAGR of 5.1% during the forecast period. Increasing awareness about environmental pollution and public health concerns caused by vector-borne diseases are the major factors driving the demand for pest control services across the globe. With the increase in population, there is also increased pressure on limited resources, resulting in overexploitation and environmental degradation. The degradation of the ecosystem leads to global warming and temperature rise, which are expected to enhance the survival capability of pests across different seasons indirectly. Global warming has been an important factor in the movement of tropical pests away from the equatorial region.

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April 13, 2021

Ultrasonic Testing Market worth $4.2 billion by 2026

According to a research report "Ultrasonic Testing Market with COVID-19 Impact by Type (Time-of Flight Diffraction, Immersion Testing) , Equipment (Flaw Detectors, Imaging System, and Bond Testers), Service, Vertical, and Geography - Global Forecast to 2026", published by MarketsandMarkets, the global ultrasonic testing market size is estimated to grow from USD 3.0 billion in 2021 to USD 4.2 billion by 2026, growing at a CAGR of 7.1%. Stringent government regulations regarding public safety & product quality and continuous advances in electronics, automation, and robotics are among a few major factors driving the NDT and inspection markets growth. The high adoption of IoT devices and rising need to assess aging assets health also propel the development of the ultrasonic testing market.

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April 12, 2021

Insurance Analytics Market worth $20.6 billion by 2026

The report "Insurance Analytics Market by Component (Tools and Services), Application (Claims Management, Risk Management, Customer Management and Personalization, Process Optimization), Deployment Mode, Organization Size, End User, and Region - Global Forecast to 2026" The global insurance analytics market size is expected to grow from USD 8.8 billion in 2020 to USD 20.6 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 15.1% during the forecast period.

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April 12, 2021

Portable Generator Market worth $2.5 billion by 2026

The report "Portable Generator Market by Fuel (Gasoline, Diesel, Natural Gas, Others), Application (Emergency, Prime/Continuous), Power Rating (below 5 kW, 5–10 kW, 10–20 kW), End User (Residential, Commercial, Industrial), and Region - Global Forecast to 2026", The portable generator market size will grow to USD 2.5 billion by 2026 (forecast year) from USD 1.8 billion in 2021 (estimated year), at a CAGR of 6.7% during the forecast period. Need for backup power during blackouts is one of the key factors driving the growth of the portable generator market.  Increase in adoption of dual fuel and inverter generator to offer lucrative opportunities for the portable generator market during the forecast period.

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April 12, 2021

Biosensors Market worth $36.7 billion by 2026

According to a research report "Biosensors Market with COVID-19 Impact by Type, Product (Wearable, Non-wearable), Technology, Application (POC, Home Diagnostics, Research Lab, Environmental Monitoring, Food & Beverages, Biodefense) and Region - Global Forecast to 2026", published by MarketsandMarkets, the biosensors market is valued at USD 25.5 billion in 2021 and is projected to reach USD 36.7 billion by 2026; it is expected to grow at a CAGR of 7.5% from 2021 to 2026.

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April 12, 2021

Digital Battlefield Market worth $68.9 billion by 2025

The report "Digital Battlefield Market by Solution (Hardware, Software, Service) Platform (Airborne, Naval, Land, Space), Application, Technology (Artificial Intelligence, IOT, Big Data, 5G,Cloud Computing and Master Data Management), Region - Global Forecast to 2025", is estimated at USD 32.9 billion in 2020 and is projected to reach USD 68.9 billion by 2025, at a CAGR of 15.9% from 2020 to 2025. Demand among defense forces remains high due to military upgrades as well as new procurement programs, particularly in developed and developing economies such as the US, India, and China, among others. Some of the major factors driving this market include increasing inclination towards cloud services in military & defense, rising modernization and investments in the defense sector for developing military equipment and foreign intelligence platforms, high demand for devices supporting 5G technology for high-speed data transfer, and rapid advancement in artificial intelligence, Big Data analytics and robotics technologies.

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April 12, 2021

Companion Animal Pharmaceuticals Market worth $18.5 billion by 2026

The report "Companion Animal Pharmaceuticals Market by Indication (Infectious Diseases, Antibiotics, Parasiticides, Vaccines, Pain), Animal Type (Dogs, Cats, Horses), Distribution Channel (Veterinary Hospitals & Clinics), COVID-19 Impact - Global Forecast to 2026" The global companion animal pharmaceuticals market is projected to reach USD 18.5 billion by 2026 from USD 12.8 billion in 2021, at a CAGR of 7.6% during the forecast period. The growth in this market is majorly driven by the growth in companion animal ownership, rising prevalence of zoonotic diseases, rising demand for pet insurance with the growing animal health expenditure, and initiatives by various government agencies and animal associations. On the other hand, the limited number of new antibiotics, rising pet care costs, and rising cost of vaccine storage are expected to restrain the growth of this market during the forecast period.

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April 12, 2021

2K Protective Coatings Market worth $10.8 billion by 2025

The report "2K Protective Coatings Market by Resin Type (Epoxy, Polyurethane, Alkyd, Acrylic), End-use Industry (Oil & Gas, Petrochemical, Marine, Cargo Containers, Power Generation, Water and Waste Treatment), Application, and Region – Global Forecast to 2025" The global 2K protective coatings market size will grow to USD 10.8 billion by 2025 from USD 8.6 billion in 2020, at a CAGR of 4.8% during the 2020-2025 period. The use of 2K protective coatings in offshore structures/oil & gas exploration, production, and transmission and civil building & infrastructure is expected to increase in APAC in the next five years.

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April 12, 2021

Airborne Optronics Market worth $2.5 billion by 2025

The report "Airborne Optronics Market by End Use, System, Technology (Hyperspectral, Multispectral), Application (Commercial, Military, Space), Aircraft Type (Fixed Wing, Rotary Wing, Urban Air Mobility, Unmanned Aerial Vehicles) and Region - Forecast to 2025", size is projected to grow from USD 1.4 billion in 2020 to USD 2.5 billion by 2025, at a CAGR of 12.7% from 2020 to 2025. The market is driven by various factors, such as growing fleet of commercial and combat aircraft and increased deployment of electro-optics in unmanned vehicles.

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April 9, 2021

Wearable Payment Device Market worth $82.0 billion by 2026

According to the new market research report "Wearable Payment Device Market with COVID-19 Impact, by Device Type (Smart Watches, Fitness Trackers), Technology (NFC, RFID), Sales Channel, Application (Retail/Grocery Stores, Restaurants, Entertainment Centers), and Geography - Global Forecast to 2026", The global wearable payment device market size is projected to grow from USD 43.0 billion in 2021 to USD 82.0 billion by 2026; it is expected to grow at a CAGR of 13.6% from 2021 to 2026. The growth of the wearable payment device  market is majorly driven by surge in the adoption of contactless cards and wearable devices due to the COVID-19 situation, emerging demand for contactless payment for secure and safer payment transactions, and the growing adoption of NFC technology.

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April 9, 2021

Platform as a Service (PaaS) Market worth $164.3 billion by 2026

The report "Platform as a Service (PaaS) Market by Type (APaaS, IPaaS, DBPaaS), Deployment (Public and Private), Organization Size (Large Enterprises and SMEs), Vertical (Consumer Goods and Retail, BFSI, Manufacturing), and Region - Global Forecast to 2026", size is expected to grow from USD 56.2 billion in 2020 to USD 164.3 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 19.6% during the forecast period. Key factors that are expected to drive the growth of the market are the increasing need to reduce time to market and cost of application development and focus on streamlining application management. However, cloud washing hindering the growth of PaaS, and security concerns related to the adoption of public cloud are expected to limit the market growth. Apart from drivers and restraints, there are a few lucrative opportunities for PaaS providers in the market. The rapid development of the mobile app ecosystem and the emergence of video communication PaaS are some of the opportunities for vendors in the PaaS market. These opportunities are expected to present new market growth prospects for PaaS vendors.

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April 9, 2021

Oligonucleotide Synthesis Market worth $14.1 billion by 2026

The report "Oligonucleotide Synthesis Market by Product (Drug, Synthesized Oligos (Primer, Probe), Reagents), Type (Custom, Predesign), Application (Therapeutic (ASO, siRNA), Research (PCR), Diagnostic), End User (Hospital, Pharma, CROs) - Global Forecast to 2026", is projected to reach USD 14.1 billion by 2026 from USD 6.3 billion in 2021, at a CAGR of 17.6% during the forecast period. The major factors driving the growth of this market include the increasing use of synthesized oligos in therapeutic applications, increasing government funding, and the growing focus on personalized medicine.

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April 9, 2021

SiC Fibers Market worth $1,262 million by 2025

The report "SiC Fibers Market by Type (First, Second, and Third Generation), Form (Continuous, Woven, Others), Phase (Amorphous, Crystalline, Usage (Composites, Non-Composites), End-Use Industry, and Region - Global Forecast to 2025" The global SiC fibers market is expected to grow from USD 382 million in 2020 to USD 1,262 million by 2025, at a CAGR of 27.0% during the forecast period. Increasing demand from aircraft and land-based gas turbine engine manufacturers is driving the growth of the market.

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April 9, 2021

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