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Motor Control Centers Market worth $6.8 billion by 2024

The report "Motor Control Centers Market by Type (Intelligent and Conventional), Voltage (Low and Medium), End-User (Industrial and Commercial), Standard (IEC and NEMA), Component, and Region - Global Forecast to 2024" The global motor control centers market is expected to grow from an estimated value of USD 5.3 billion in 2019 to USD 6.8 billion by 2024, at a CAGR of 5.0%, from 2019 to 2024. The global market is set to witness significant growth owing to the growing demand for industrial automation in developed regions and regulations promoting energy saving across major industries.

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September 6, 2019

Event Management Software Market worth $11.4 billion by 2024

According to a research report "Event Management Software Market by Component (Software (Event Registration and Ticketing Software, Event Planning Software, Event Marketing Software) and Service), Deployment Type, Organization Size, End User, and Region - Global Forecast to 2024", published by MarketsandMarkets, expects the event management software market to grow from USD 5.7 billion in 2019 to USD 11.4 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 15.0% during the forecast period. Major factors expected to drive the growth of the event management software market include rising demand for event automation among marketers, growing use of social media for event marketing, increasing demand to capture actionable business insights from events, and rising adoption of advanced data analytics solutions.

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September 5, 2019

Body Area Network Market worth $15.8 billion by 2024

The report "Body Area Network Market by Device Type (Wearable, Implantable), Component (Displays, Application Processors, Memory, Electromechanicals, Interfaces, Sensors), Application (Medical, Fitness & Sports, Security, Military), and Region - Global Forecast to 2024", is projected to grow from USD 9.1 billion in 2019 to USD 15.8 billion by 2024; it is expected to record a compound annual growth rate (CAGR) of 11.7%. Increased use of smart devices for tracking physical fitness and its availability at low-cost are major driving factors of the market. Utilization of advanced technologies to reduce the growing healthcare expenditure and adoption of IoT in healthcare applications provide an opportunity for the market.

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September 5, 2019

Polymerization Initiator Market worth $4.2 billion by 2024

The report "Polymerization Initiator Market by Type (Persulfate, Peroxides, Azo Compounds), Active Species (Free-radical, Cationic, Anionic), Application (Polyethylene, Polypropylene, PVC, Polystyrene, ABS), and Region - Global Forecast to 2024" The polymerization initiator market size is estimated to be USD 3.4 billion in 2019 and projected to reach USD 4.2 billion by 2024, at a CAGR of 4.3%. The growing polymer production due to increasing demand from various end-use industries such as food processing, automotive, and building & construction is expected to drive the market.

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September 5, 2019

Digital MRO Market worth $ 4.7 billion by 2030

The report "Digital MRO Market by Technology (Predictive Maintenance, AR/VR, 3D Printing, Blockchain, Artificial Intelligence, Robotics, Big Data Analytics, Digital Twin, IOT), End User (MROs, Airlines, OEMs), Application, Region - Global Forecast to 2030", is projected to grow from USD 1.0 billion in 2019 to USD 4.7 billion by 2030, at a CAGR of 14.6% from 2019 to 2030. This growth can be attributed to the increasing adoption of advanced solutions by small and medium airlines and MROs.

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September 5, 2019

Disposable Protective Clothing Market worth $3.6 billion by 2024

The report "Disposable Protective Clothing Market by Material Type (PE, PP, Polyester), Application (Thermal, Chemical, Biological/Radiation, Visibility), End-Use Industry (Manufacturing, Construction, Healthcare/Medical) - Global Forecast to 2024" The disposable protective clothing market is projected to reach USD 3.6 billion by 2024, at a CAGR of 6.5% from USD 2.6 billion in 2019.

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September 4, 2019

Anti-Money Laundering Solution Market worth $3.6 billion by 2024

According to a research report "Anti-Money Laundering Solution Market by Component, Technology Type (KYC Systems, Transaction Monitoring, Case Management, Compliance Management, Auditing and Reporting), Deployment Mode, Organization Size, and Region - Global Forecast to 2024", published by MarketsandMarkets, the global Anti-Money Laundering (AML) solution market is expected to grow from USD 1.5 billion in 2019 to USD 3.6 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 19.5% during the forecast period. The major aspects driving the AML solution market include increase in money laundering and terrorist funding activities; increase in stringent compliance requirements and mandates; and an increase in the adoption of digital payment modes. The AML solution market is growing drastically on account of the proliferation of cloud-based services in the Banking, Financial Services and Insurance (BFSI) sector and increasing Money Laundering and Terrorist Financing (ML/TF) activities and frauds in this sector.

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September 4, 2019

Automotive Lighting Market worth $23.3 billion by 2027

The report "Automotive Lighting Market for ICE & EVs By Technology (Halogen, LED, Xenon), Position (Front, Side, Rear, Interior), Application (Head, Side, Tail, Fog, DRL, CHMSL, Dashboard, Glovebox, Reading, Dome, Rear View Mirror), Adaptive Lighting & Region - Forecast to 2027" The automotive lighting market is estimated to be USD 18.4 billion in 2019 and is projected to reach USD 23.3 billion by 2027, at a CAGR of 3.0% Rising disposable income has resulted in an increase in consumer spending capability to purchase premium vehicles, which, in turn, is expected to drive the growth of the market. Government initiatives for implementing adaptive lighting to increase the driver’s safety is another key factor anticipated to fuel market growth.

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September 4, 2019

Biofertilizers Market worth $3.8 billion by 2025

The report "Biofertilizers Market by Form (Liquid, Carrier-Based), Mode of Application (Soil Treatment, Seed Treatment), Crop Type, Type (Nitrogen-Fixing, Phosphate Solubilizing & Mobilizing, Potash Solubilizing & Mobilizing), Region - Global Forecast to 2025" The biofertilizers market is projected to reach USD 3.8 billion by 2025, from USD 2.0 billion in 2019, recording a CAGR of 11.2% during the forecast period. Rising awareness about the hazards of chemical fertilizers among consumers, soil degradation, nitrate emissions, along with government initiatives, is projected to witness significant growth during the forecast period.

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September 4, 2019

Mass Notification Systems Market worth $17.3 billion by 2024

According to a research report "Mass Notification Systems Market by Component (Hardware, Software and Services), Solution (In-Building Solutions, Wide-Area Solutions, and Distributed Recipient Solutions), Deployment Type, Organization Size, Vertical, and Region - Global Forecast to 2024", published by MarketsandMarkets, Estimated to be USD 7.3 billion in 2019, the Mass Notification Systems (MNS) market is projected to surpass USD 17.3 billion by 2024, registering a CAGR of 18.8% during the forecast period.

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September 3, 2019

Human Microbiome Market worth $1,731 million by 2027

The report "Human Microbiome Market by Product (Prebiotic, Probiotic, Food, Medical Food, Drug), Application (Therapeutic), Disease (Infectious, Metabolic/Endocrine, Cancer, Blood, Neurological), Research Technology (Proteomics, Metabolomics) - Global Forecast to 2027", is expected to grow from USD 942 million in 2024 to USD 1,731 million by 2027, at a CAGR of 22.5 % during the forecast period. Microbiomes are responsible for a wide variety of metabolic and developmental processes—from food digestion to vitamin synthesis and even brain function. They also play a major role in human conditions, such as obesity and inflammatory bowel disease.

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September 3, 2019

Lead Acid Battery Market worth $52.5 billion by 2024

The report "Lead Acid Battery Market by Technology (Basic, Advanced Lead Acid), Type (Stationary, Motive), Construction Method (Flooded, VRLA), End-User (Utilities, Transportation, Industrial, Commercial & Residential), and Region - Global Forecast to 2024", the global lead acid battery market is projected to reach USD 52.5 billion by 2024 from an estimated USD 41.6 billion in 2019, at a CAGR of 4.7% during the forecast period. This growth can be attributed to factors such as the need to integrate renewable energy to the main grid, and the booming data industry promising the installation of several data centers across the globe, which expects the utilization of lead acid batteries for backup power supply.

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September 3, 2019

Fabric Filters Market worth $3.2 billion by 2024

The report "Fabric Filters Market by Type (Liquid and Air Filter Media), End-use Industry (Food & Beverage, Metal & Mining, Chemical, Pharmaceutical, Power Generation), Region (APAC, Europe, North America, MEA, and South America) - Global Forecast to 2024" The fabric filters market is expected to grow from USD 2.3 billion in 2019 to USD 3.2 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 6.4% during the forecast period. The major factors driving the fabric filters market include stringent regulations governing emission and treatment of industrial effluents, and need for a safe working environment in manufacturing sites.

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September 3, 2019

Container Security Market worth $2,178 million by 2024

According to a research report "Container Security Market by Component (Container Security Platform and Services (Deployment & Integration, Training & Consulting, and Support & Maintenance)), Deployment Type, Organization Size, Vertical, and Region - Global Forecast to 2024", published by MarketsandMarkets, the global container security market size is expected to grow from USD 568 million in 2019 to USD 2,178 million by 2024, at a Compound Annual Growth Rate (CAGR) of 30.9% during the forecast period. The global container security market is expected to have significant growth potential, due to the increasing vulnerabilities and cyberattacks, a large number of open-source vendors offering container platforms, increasing popularity of microservices, growing digital transformation across enterprises, and need to adhere to regulatory policies.

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September 2, 2019

Access Control Reader Market worth $5.4 billion by 2024

According to the new research report, "Access Control Reader Market by Reader Type (Card-based Readers, Biometric Readers, and Multi-technology Readers), Smart Card Technology Type (iCLASS, MIFARE, DESFire, Advant), Vertical, and Geography - Global Forecast to 2024" is expected to grow from USD 3.0 billion in 2019 to USD 5.4 billion by 2024, at a CAGR of 12.5%. The growth of this market is mainly propeled by the high demand for enhanced security; contactless interfaces to boost adoption of smart cards; and increased convenience, enhanced security identity management, and improved human resource management. Rapid urbanization in emerging economies is likely to provide growth opportunities for the access control reader market.

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September 2, 2019

Marine Seats Market worth $2.5 billion by 2025

According to the new research report "Marine Seats Market by Ship Type (Commercial, Military), Seat Type (Captain Seats/Helm Seats, Crew Seats, Passenger Seats, General Seats), Component (Pedestal, Swivels, Slides & Seat Mounts), End User (OEM, Aftermarket), and Region - Global Forecast to 2025", The marine seats market is estimated to be USD 1.9 billion in 2019 and is projected to reach USD 2.5 billion, at a compounded annual growth rate (CAGR) of 4.7% from 2019 to 2025. This market is driven by factors, such as the increasing investments in passenger ferries and cruise ships and increasing demand for motor boats.

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September 2, 2019

Aerospace Tapes Market worth $2.4 billion by 2024

The report "Aerospace Tapes Market by Resin Type (Acrylic, Rubber, Silicone), Backing Material (Paper/Tissue, Film, Foam), End-use Industry (Commercial Aviation, Military Aviation, General Aviation), and Region - Global Forecast to 2024" The aerospace tapes market size is projected to grow from USD 2.0 billion in 2019 to USD 2.4 billion by 2024, at a CAGR of 4.0%, during the forecast period. There has been a widespread acceptance of aerospace tapes in various industries such as commercial aviation, military aviation, and general aviation. Initiatives undertaken by governments of China and India, increasing demand for lightweight and more fuel-efficient aircraft, rising demand for passenger aircraft in emerging regions, and replacement of old/aging aircraft & modernization of existing aircraft are expected to drive the growth of the aerospace industry, thus, consequently augmenting the growth of the aerospace tapes market.

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September 2, 2019

Global Machine Tools Market worth $98.3 billion in by 2027

The report "Global Machine Tools Market by product type (Milling Machines, Drilling Machines, Turning Machines, Grinding Machines, Electrical Discharge Machines), Automation Type, Industry Segment, Sales Channel, and Region – Global Forecast to 2027" The machine tools market is estimated to be USD 77.0 billion in 2019 and is projected to reach USD 98.3 billion by 2027, at a CAGR of 3.2%. The overall machine tools market is highly governed by the continually rising industrial manufacturing and processing sector worldwide. Asia Pacific is estimated to remain a frontrunner in the market during the forecast period. Several technological advancements have been introduced by the machine tools manufacturers in Europe and North America due to the demand for highly sophisticated products and components from the end users from those regions. The overall machine tool industry is quite fragmented with international and domestic players in the market. 

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August 30, 2019

Elastic Adhesives & Sealants Market worth $22.3 billion by 2024

The report "Elastic Adhesives & Sealants Market by Resin Type (Polyurethane, Silicone, SMP), End-Use Industry (Construction, Industrial, Automotive & Transportation), Region (North America, Europe, APAC, South America, Middle East & Africa) - Global Forecast to 2024" The market is projected to reach USD 22.3 billion by 2024 at a CAGR of 6.3% during the forecast period. The growth of end-use industries such as construction, industrial, and automotive & transportation as well as growing demand for silicone and SMP adhesives are the key factors driving the elastic adhesives & sealants market.

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August 30, 2019

PC as a SERVICE (PCaaS) Market worth $141.6 billion by 2024

The report "PC as a Service (PCaaS) Market by Offering (Hardware, Software, Services), Enterprise Type (SMEs, Large Enterprises), Vertical (IT & Telecommunications, Healthcare & Life Sciences, Education, BFSI, Government), and Geography - Global Forecast to 2024", is currently in the growth phase and is expected to grow further in the near future. In terms of value, it is expected to grow from USD 15.9 billion in 2019 to USD 141.6 billion by 2024, at a CAGR of 54.9% during the forecast period. The growth of the PCaaS market is driven by factors such as the inclination of businesses toward the OPEX model rather than the CAPEX model, and the superior benefits offered by PCaaS business model.

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August 30, 2019

Edge Computing Market worth $9.0 billion by 2024

According to a research report "Edge Computing Market by Component (Hardware, Platform, and Services), Application (Smart Cities, IIoT, Content Delivery, Remote Monitoring, AR and VR), Organization Size (SMEs and Large Enterprises), Vertical, and Region - Global Forecast to 2024", published by MarketsandMarkets, the edge computing market size is expected to grow from USD 2.8 billion in 2019 to USD 9.0 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 26.5% during the forecast period. The key factors driving the edge computing market include growing adoption of Internet of Things (IoT) across industries; rising demand for low-latency processing and real-time, automated decision-making solutions; and need for surmounting exponentially increasing data volumes and network traffic.

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August 30, 2019

Aircraft Gearbox Market worth $4.3 billion by 2025

The report "Aircraft Gearbox Market by Application (Engine, Airframe), Gearbox Type (Reduction, Accessory, Actuation, Tail Rotor, APU), End User (OEM, Aftermarket), Aircraft Type (Civil, Military), Component (Gears, Housing, Bearing), Region - Global Forecast to 2025", is projected to grow from USD 3.3 billion in 2019 to USD 4.3 billion by 2025, at a CAGR of 4.8% during the forecast period. Increase in the procurement of new commercial and military aircraft is expected to be the primary factor driving the aircraft gearbox market.

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August 29, 2019

Debt Collection Software Market worth $4.6 billion by 2024

According to a research report "Debt Collection Software Market by Component (Software, Services), Organization Size, Deployment Type, User Type (Financial Institutions, Collection Agencies, Healthcare, Government, Telecom & Utilities), and Region - Global Forecast to 2024", published by MarketsandMarkets, the global debt collection software market size is expected to grow from USD 2.9 billion in 2019 to USD 4.6 billion by 2024, at a CAGR of 9.6% during the forecast period. The growing demand for automation in the collection process, rising need for self-service payment models to speed up the collection process, and increasing adopting of cloud-based debt collection software are some of the major factors driving the growth of the market.

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August 29, 2019

Paints & Coatings Market worth $232.1 billion by 2027

The report "Paints & Coatings Market by Resin (Acrylic, Alkyd, Epoxy, Polyurethane, Polyester), Technology (Water-Based, Solvent-Based, High Solids, Powder), Application (Architectural & Industrial), and Region - Global Forecasts to 2027", The paints & coatings market is projected to reach USD 232.1 billion by 2027.

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August 29, 2019

Electron Beam Machining Market worth $212 million by 2024

According to the new market research report, Electron Beam Machining Market by Application (Welding, Surface Treatment, and Drilling), Industry (Automotive and Aerospace & Defence), and Geography (North America, Europe, Asia Pacific, RoW) - Global Forecast to 2024”, the electron beam machining market is expected to be valued at USD 181 million in 2019. It is expected to grow USD 212 million by 2024,  at a CAGR of 3.2% from 2019 to 2024. The factors that are driving the growth of the market include the increasing demand for welding in the automotive & aerospace industries and various benefits tendered by electron beam welding technology.

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August 29, 2019

Ion Milling System Market worth $2.3 billion by 2024

According to the new research report, the "Ion Milling System Market by Electron Microscopy Type (SEM, TEM, FIB), Sample Material, Application (Semiconductor Manufacturing, Geological Institutes, Medical Research Institutes), and Geography - Global Forecast to 2024" is likely to grow from USD 1.5 billion in 2019 to USD 2.3 billion by 2024; it is expected to grow at a CAGR of 8.5%. The growth of this market is driven mainly by factors such as increasing demand for high-end microscopy systems in various applications and technological advancement in microspores. Increasing demand from an emerging market in developing countries is expected to create significant growth opportunities for players in the ion milling system market during the forecast period.

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August 28, 2019

Construction Equipment Rental Market worth $121.6 billion by 2024

The report "Construction Equipment Rental Market by Equipment (Earthmoving, Material Handling, Road Building & Concrete), Product (Backhoes, Excavators, Loaders, Crawler Dozers, Cranes, Compactors, Concrete Pumps), Region - Global Forecast to 2024" The construction equipment rental market is projected to grow from USD 98.6 billion in 2019 to reach USD 121.6 billion by 2024, at a CAGR of 4.3% from 2019 to 2024. The major drivers for the market include the increasing demand for rental equipment due to various benefits, shift in trend towards rental, increasing infrastructure activities in emerging nations, and cost-benefits associated with the use of construction equipment on a rental basis rather than purchasing it.

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August 28, 2019

Location Based Services (LBS) and Real-Time Location Systems (RTLS) Market worth $40.0 billion by 2024

According to a research report "Location-Based Services (LBS) and Real-Time Location Systems (RTLS) Market by Component (Hardware, Software and Services), Location Type (Indoor and Outdoor), Vertical, Region - Global Forecast to 2024", published by MarketsandMarkets, expects the Location-Based Services (LBS) and Real-Time Location Systems (RTLS) market to grow from USD 16.0 billion in 2019 to USD 40.0 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 20.1% during the forecast period. Major factors expected to drive the growth of the LBS and RTLS market include various applications of geospatial data; growing demand for LBS and RTLS for industry applications; proliferation of social media, smartphones, and location-based apps among consumers; and growing demand for geomarketing.

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August 28, 2019

Surveillance Radars Market worth $11.9 billion by 2025

The report "Surveillance Radars Market by Application (Commercial, National Security, Defense & Space), Platform (Land, Airborne, Naval, Space), Frequency Band (UHF & VHF; L; S; C; X; K, Ku, & Ka), Dimension, Component, Region - Global Forecast to 2025", is projected to grow from USD 8.3 billion in 2019 to USD 11.9 billion by 2025, at a CAGR of 6.3% from 2019 to 2025. The growth of the global market can be attributed to the demand for surveillance radars for border surveillance, intelligence, surveillance, and reconnaissance, modern air defense systems, among others.

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August 28, 2019

Occupancy Sensor Market worth $3.9 billion by 2024

The report "Occupancy Sensor Market by Technology (PIR, Ultrasonic, Dual), Network Connectivity (Wired & Wireless), Coverage Area (Less than 89°, 90–179°, 180–360°), Application, Building Type (Residential, Commercial) and Geography - Global Forecast to 2024", is projected to reach USD 3.9 billion by 2024 from USD 2.2 billion in 2019 at a CAGR of 12.3%. The increasing demand for energy-efficient devices and government policies towards energy saving are factors driving the growth of the global occupancy sensors market.

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August 27, 2019

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