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Pen Needles Market worth $3.4 billion by 2023

The report "Pen Needles Market by Type (Standard Pen Needles and Safety Pen Needles), Needle Length (4mm, 5mm, 6mm, 8mm, 10mm, 12mm), Therapy (Insulin, GLP-1, Growth Hormone, and Others), Mode of Purchase (Retail, Non-Retail) - Global Forecasts to 2023", The pen needles market is expected to reach USD 3.4 billion by 2023 from an estimated USD 2.0 billion in 2018, at a CAGR of 11.0% during the forecast period (2018–2023). Growth in the pen needles market is mainly driven by factors such as the growing prevalence of chronic diseases and the favorable reimbursement scenario in selected countries. The growing preference for biosimilar drugs is another factor providing a wide range of growth opportunities for key players in the market.

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February 12, 2019

Live Cell Imaging Market worth $2.9 billion by 2023

The report "Live Cell Imaging Market by Product (Instruments, Consumables, Software, Services), Application (Cell Biology, Stem Cells, Drug Discovery), End User (Pharmaceutical & Biotechnology Companies, Research Institutes) - Global Forecasts to 2023", The live cell imaging market is expected to reach USD 2.9 billion by 2023 from an estimated USD 1.9 billion in 2018, at a CAGR of 8.9% during the forecast period (2018–2023). The growing adoption of high-content screening techniques in drug discovery, rising incidence of cancer, and the growth in funding for research are the major factors driving the growth of the global live cell imaging market. However, factors such as the high cost of high-content screening systems and the shortage of skilled professionals are expected to restrain the growth of this market during the forecast period.

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February 12, 2019

Carbon Fiber Prepreg market worth $11.5 billion by 2024

The report "Carbon Fiber Prepreg Market by resin type (Epoxy, Phenolic, Thermoplastic), Manufacturing Process (Hot Melt, Solvent Dip), End-use Industry (Aerospace & Defense, Wind Energy, Sports & Leisure, Automotive) - Global Trends and Forecasts to 2024" The carbon fiber prepreg market is expected to grow from USD 7.0 billion in 2019 to USD 11.5 billion by 2024, at a CAGR of 10.5% during the forecast period. The carbon fiber prepreg market is growing due to its increasing demand from aerospace & defense, automotive, and wind energy industries. Boeing and Airbus have ramped up the production of commercial aircraft to cater to the rising airline passenger traffic. The increasing use of carbon fibers in electric cars and rising aircraft production are  the major drivers of the market.

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February 12, 2019

Master Data Management Market worth $22.0 billion by 2023

The report "Master Data Management Market by Component (Solutions & Services), Data Type, Deployment Type (Cloud & On-Premises), Organization Size (SMEs & Large Enterprises), Vertical (BFSI, Retail, Manufacturing, Healthcare), and Region - Global Forecast to 2023", The master data management market size is projected to grow from USD 9.5 billion in 2018 to USD 22.0 billion by 2023, at a CAGR of 18.3% from 2018 to 2023. The major growth drivers for the market include the increasing use of data quality tools for data management and the rising need for compliance.

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February 11, 2019

Ligation Devices Market worth $1,189 million by 2024

The report "Ligation Devices Market by Product (Hand-held Instruments, Accessories), Procedure (Minimally Invasive & Open Surgery), Application (Gynaecology, GIT, Cardiothoracic, Urology), End User (Hospital, Nursing Homes) - Global Forecast to 2024", The ligation devices market is expected to reach USD 1,189 million by 2024 from USD 876 million in 2019, at a CAGR of 6.3%.

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February 11, 2019

Oil & Gas Processing Seals Market worth $6.4 billion by 2023

The report "Oil & Gas Processing Seals Market by Type (Single, Double), Material (Metal, Elastomer, Face Material), Application, and Region (Asia Pacific, Europe, North America, South America, Middle East & Africa) - Global Forecast to 2023" The oil & gas processing seals market is projected to grow from USD 5.7 billion in 2018 to USD 6.4 billion by 2023, at a CAGR of 2.5% during the forecast period. The growth of the oil & gas processing seals market can be attributed to their increasing use in the midstream and downstream applications.

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February 11, 2019

Forensic Equipment and Supplies Market worth $8.7 billion by 2024

The report "Forensic Equipment and Supplies Market by Product (Camera, Reagent, Consumable, LC, GC, Electrophoresis, PCR, NGS, MS, IR, UV-Vis Spectrometer), Application (Toxicology, DNA Analysis, Biometric), End user (Government & Forensic Lab) - Global Forecast to 2024", The global forensic equipment and supplies market is projected to reach USD 8.7 billion by 2024 from USD 6.0 billion in 2019, at a CAGR of 7.7%.

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February 11, 2019

Less Lethal Ammunition Market worth $1,106 million by 2023

According to the new market research report on "Less Lethal Ammunition Market by End User (Law Enforcement, Military, Self Defense), Product (Rubber Bullets, Bean Bag Rounds, Plastic Bullets, Paintballs), Weapon Type (Shotguns, Launchers), and Region - Global Forecast to 2023", The less lethal ammunition market is projected to grow from USD 828 million to USD 1,106 million by 2023, at a CAGR of 5.95% from 2018 to 2023. This growth can be attributed to the rising incidences of civil unrest, political disputes, and threats from extremist groups globally.

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February 11, 2019

MarketsandMarkets™ and Oxentia Announce New Strategic Partnership

MarketsandMarkets™ and Oxentia will join forces to provide global clients with enhanced market insights to uncover revenue impacting opportunities

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February 11, 2019

Fire Control System Market worth $7.3 billion by 2023

The report "Fire Control System Market by System (Target Acquisition & Guidance Systems, Ballistic Computers, Navigation Systems, Power Systems), Platform (Land, Airborne, Naval), Weapon Class (Automatic Guns, Launchers), Range, and Region - Global Forecast to 2023", The global fire control system market is projected to grow from USD 5.9 billion in 2018 to USD 7.3 billion by 2023, at a CAGR of 4.37% from 2018 to 2023. This growth can be attributed to the rising demand for precision weapon systems, advancements in automatic weapon systems, increasing incidences of armed conflicts, war, and terrorism, which are driving the demand for fire control systems globally.

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February 8, 2019

Specimen Retrieval Market worth $290 million by 2024

The report "Specimen Retrieval Market by Bag Size (5, 10, 15, 25 mm), Type (Detachable, Non-detachable), Application (Gynecology, Urology, Gastrointestinal Surgery), End User (Hospitals, Ambulatory Surgical Centers, Nursing Home) - Global Forecast to 2024", The specimen retrieval systems market is expected to grow from USD 230 million in 2019 to USD 290 million by 2024, at a compound annual growth rate (CAGR) of 4.7% during the forecast period. The major factors driving the growth of this market include the increasing prevalence of diseases requiring surgical treatment and removal of specimens from the body, especially laparoscopic procedures.

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February 8, 2019

HBPA Epoxy Resin Market worth $2.2 billion by 2023

The report "HBPA Epoxy Resin Market by Physical Form (Liquid and Solid), Application (E&E Coating, Industrial Coating, and Others), and Region (APAC, Europe, North America, South America, and Middle East & Africa) - Global Forecast to 2023" The HBPA epoxy resin market is projected to grow from USD 1.7 billion in 2018 to USD 2.2 billion by 2023, at a CAGR of 5.1% between 2018 and 2023. There is an increase in the demand for HBPA epoxy resin in the industrial and E&E coating segments to protect the machines and industrial infrastructure from external weather conditions and chemical attack. Increasing urbanization and industrialization are the key factors driving the demand for HBPA epoxy resin in these applications. However, volatility in raw material prices and high price of HBPA epoxy resin are hampering the market growth.

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February 8, 2019

Bottled Water Processing Market worth $315.96 billion by 2023

The report "Bottled Water Processing Market by Technology (Disinfection, Ion exchange, Filtration, and Packaging), Equipment (Filters, Bottle washers, Blow molders, Shrink wrappers, and Others), Product Type, Packaging Material, and Region - Global Forecast to 2023", The bottled water processing market is estimated to account for about USD 211.61 billion in 2018 and is projected to reach a value of about USD 315.96 billion by 2023, at a CAGR of 8.3%. The increase in demand for packaged drinking water in the Asia Pacific region has played a considerable role in the bottled water processing market. As a result of the growing demand for potable water, bottled water processing equipment manufacturers are opting for membrane filtration technologies, to eliminate unwanted elements from water and to enhance the quality and shelf-life of drinking bottled water. The water treatment equipment manufacturers are developing innovative technological solutions and systems to convert high salinity waters such as seawater and brackish waters to potable drinking water, as the demand for drinking water is increasing in water-short areas.  

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February 8, 2019

Digital Signature Market worth $5.5 billion by 2023

The report "Digital Signature Market by Solution (Software and Hardware), Service, Deployment Mode, Application (BFSI, Government & Defense, Legal, Real Estate, HR, Manufacturing & Engineering, Healthcare & Life Sciences), and Region - Global Forecast to 2023", Digital Signature Market size to grow from USD 1.2 billion in 2018 to USD 5.5 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 36.7% during the forecast period. The digital signature market is said to have a potential scope for growth in the years to come, due to the increase in cyber threats, data security, authenticity, legal compliances, and regulations.

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February 8, 2019

Security as a Service Market worth $16.5 billion by 2023

The report "Security as a Service Market by Component (Solutions and Services), Application Area (Network Security, Endpoint Security, Application Security, Cloud Security), Organization Size, Vertical, and Region - Global Forecast to 2023", The security as a service market size is expected to grow from USD 7.6 billion in 2018 to USD 16.5 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 16.9% during the forecast period. The key factors driving the security as a service market include mandate to follow regulatory and data protection laws, increase in demand for cloud-based security solutions, and high cost and risks in managing on-premises security solutions.

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February 7, 2019

Ultralight and Light Aircraft Market worth $13.9 billion by 2030

According to the latest market research report "Ultralight and Light Aircraft Market Aircraft Type (Ultralight and Light Aircraft), End Use (Civil & Commercial and Military), Flight Operation (CTOL and VTOL), Technology (Manned and Unmanned), Propulsion, Material, and Region - Global Forecast to 2030", The ultralight and light aircraft market is estimated at USD 7.1 billion in 2018 and is projected to reach USD 13.9 billion by 2030, at a CAGR of 5.80% from 2018 to 2030. Factors such as the increasing demand for Unmanned Aerial Vehicles (UAVs) across the globe and increasing global deliveries of ultralight and light aircraft supported by the demand for air taxi and urban air mobility are leading to the growth of the market. However, risks associated with passenger safety and restrictions on flying commercial drones are limiting the overall growth of the market.

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February 7, 2019

Offshore Pipeline Market worth $15.8 billion by 2023

The report "Offshore Pipeline Market by Product (Oil, Gas, Refined Product), Line Type (Export Line, Transport Line), Diameter (Below 24, Greater Than 24), and Region (Americas, Europe, Asia Pacific, Middle East, & Africa) - Global Forecast to 2023" The offshore pipeline market is expected to grow from USD 11.5 million in 2018 to USD 15.8 billion by 2023, at a CAGR of 6.54% during the forecast period. The major factors driving the offshore pipeline market include increasing demand for crude oil and natural gas, especially from the Asia Pacific region. Increasing demand for safe, economical, and reliable connectivity is expected to drive the offshore pipeline market.

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February 7, 2019

Phase Transfer Catalyst Market worth $1,232 million by 2023

The report "Phase Transfer Catalyst Market by Type (Ammonium Salts, Phosphonium Salts), End-use Industry (Pharmaceuticals, Agrochemicals), and Region (North America, Europe, Asia Pacific, Middle East & Africa, and South America) - Global Forecast to 2023" The phase transfer catalyst market is expected to grow from USD 960 million in 2018 to USD 1,232 million by 2023, at a Compound Annual Growth Rate (CAGR) of 5.1% during the forecast period. The major factors driving the phase transfer catalyst market include rising demand and adoption of green chemistry in organic synthesis.

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February 7, 2019

Microgrid Controller Market worth $12.6 billion by 2024

According to the latest market research report "Microgrid Controller Market by Connectivity (Grid connected & Remote), Offering (Hardware, Software, and Services), Vertical (Government, Utilities, Commercial, Military & Defense, Healthcare) and Geography - Global Forecast to 2024", The microgrid controller market is expected to grow from USD 6.1 billion in 2019 to USD 12.6 billion by 2024, at a CAGR of 15.65% during the forecast period. One of the major driving factors for the microgrid controller market’s growth is the rising adoption of microgrids for reliable and secure power supply.

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February 6, 2019

Physical Security Market worth $119.4 billion by 2023

The report "Physical Security Market by Component (Systems (PACS, PSIM, PIAM, Video Surveillance, Fire and Life Safety) and Services (ACAAS, VSAAS, Remote Monitoring, Security Systems Integration)), Organization Size, Vertical, and Region - Global Forecast to 2023", The physical security market size is expected to grow from USD 84.1 billion in 2018 to USD 119.4 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 7.3% during the forecast period. The major drivers for the physical security include the rising incidents of terror attacks, technological advancements and deployment of wireless technology in security systems, increasing use of Internet Protocol (IP)-based cameras for video surveillance, implementation of mobile-based access control, and adoption of Internet of Things (IoT)-based security systems with cloud computing platforms.

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February 6, 2019

Food Diagnostics Market worth $17.1 billion by 2023

The report "Food Diagnostics Market by Type (Systems and Consumables), Type of Test (Safety and Quality), Food Tested (Meat, Poultry, & Seafood, Dairy products, Processed Foods, Cereals & grains, and Fruits & Vegetables), and Region-Global Forecast to 2023" The food diagnostics market is projected to grow from USD 12.1 billion in 2018 to USD 17.1 billion by 2023, at a CAGR of 7.1% during the forecast period. The major factors driving the food diagnostics market is the increase in global outbreaks of foodborne illnesses. Further, stringent food safety regulations, availability of advanced rapid technology, growing demand for convenience and packaged food products, increasing outbreaks of chemical contamination in food processing industries, and rising consumer awareness about food safety in practices is projected to drive the market.

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February 6, 2019

Compressor Oil Market worth $13.2 billion by 2023

The report "Compressor Oil Market by Base oil (Synthetic, Mineral, Semi-Synthetic, and Bio-based), Compressor Type (Dynamic, Positive Displacement), Application (Gas, Air), End-Use Industry (General Manufacturing, Construction, Oil & Gas) - Global Forecast to 2023" The compressor oil market is projected to reach USD 13.2 billion by 2023, at a CAGR of 5.6% from USD 10.1 billion in 2018. Compressor oils are widely used in the manufacturing sector such as transportation equipment manufacturing, metal production, commercial machinery manufacturing, food & beverage, and rubber & plastic industries. Hence, the rapid growth in these industries is expected to contribute to the growth of the compressor oil market. Additionally, the growth in other industries such as construction, oil & gas, power generation, mining, and chemical & petrochemical is expected to fuel the compressor oil market.

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February 6, 2019

Spirometers Market worth $1,047 million by 2023

The report "Spirometer Market by Product (Device, Consumables, Accessories, Software), Mechanism (Flow Sensor, Peak Flow Meters), Application (COPD, Asthma), End User (Hospital, Clinical Laboratories, Home care, Industrial Settings) - Global Forecast to 2023", The spirometers market is expected to reach USD 1,047 million by 2023 from USD 655 million in 2018, at a CAGR of 9.8%. Growth in this market is largely driven by the rising global incidence of chronic respiratory diseases, increasing global aging population, and technological shifts in spirometer devices towards smartphone-based data connectivity.

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February 5, 2019

Point-of-Use Water Treatment Systems Market worth $32.7 billion by 2023

The report "Point-of-Use Water Treatment Systems Market by Device (Tabletop, Faucet-mounted, Countertop, Under-the-sink) Technology (RO, Ultrafiltration, Distillation, Disinfection, Filtration), Application (Residential, Non-residential), & Region - Forecast to 2023" The point-of-use water treatment systems market is projected to grow from USD 19.9 billion in 2018 to USD 32.7 billion by 2023, at a CAGR of 10.41%. Factors such as increasing water contamination, growing awareness about the benefits of clean drinking water, and increasing construction activities drive the point-of-use water treatment systems market.

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February 5, 2019

IoT in Smart Cities Market worth $219.6 billion by 2023

The report "IoT in Smart Cities Market by Solution (Remote Monitoring, Network Management, Analytics, RTLS, Security), Service, Application (Smart Transportation, Buildings, Utilities, Healthcare and Public Safety), and Region - Global Forecast to 2023", The Internet of Things (IoT) in smart cities market is projected to grow from USD 79.5 billion in 2018 to USD 219.6 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 22.5% from 2018 to 2023. The major factors driving the growth of the IoT in smart cities market are increasing number of government initiatives and PPP models for smart cities, improvements in the communication infrastructure that are brought by IoT and rising adoption of connected and smart technologies in smart cities initiatives

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February 5, 2019

Low Voltage Protection and Control Market worth $19.8 billion by 2025

The report "Low Voltage Protection and Control Market by Product Type (Protection Equipment, Switching Equipment, and Monitoring Devices), End-use (Residential, Commercial, and Industrial (Oil & Gas, EV Charging), and Region - Global Forecast to 2025" The global low voltage protection and control market is projected to reach USD 19.8 billion by 2025 from an estimated USD 13.2 billion in 2018, at a CAGR of 5.97%. This growth can be attributed to the increased demand for renewable energy sources, growing per capita consumption of energy, and demand for safe and secure power distribution systems

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February 5, 2019

Flexible Heater Market worth $1,356 million by 2023

According to the latest market research report "Flexible Heater Market by Type (Silicone Rubber, Polyimide, Polyester, Mica), Industry (Electronics & Semiconductor, Medical, Aerospace & Defense, Automotive, Food & Beverages, Oil & Gas), and Geography - Global Forecast to 2023", The flexible heater market is expected to grow from USD 945 million in 2018 to USD 1,356 million by 2023 at a CAGR of 7.5%. The factors such as a wide range of applications and rising demand from several industries are driving the growth of the flexible heater market. Flexible form factor, technological advancements, launch of innovative products, and high adoption of flexible heaters in medical applications are also driving the market toward significant growth.

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February 5, 2019

Recovered Carbon Black (rCB) Market worth $491 million by 2023

The report "Recovered Carbon Black (rCB) Market by Application (Tire application, Non-Tire Rubber application, Plastics application, Coatings application, and Inks application), and Region (North America, Europe, Asia Pacific, RoW) - Global Forecast to 2023" The recovered carbon black market size is estimated at USD 55 million in 2018 and is projected to reach USD 491 million by 2023, at a CAGR of 55.0% between 2018 and 2023. The increasing use of environmentally-friendly and sustainable products in various applications, such as a tire, non-tire rubber, plastics, coatings, and inks, is expected to drive the recovered carbon black market.

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February 4, 2019

IoT Middleware Market worth $19.5 billion by 2023

The report "IoT Middleware Market by Platform Type (Device, Application, and Connectivity Management), Organization Size (Large Enterprises and SMES), Vertical (Manufacturing, Government & Defense, Automotive & Transportation), and Region - Global Forecast to 2023", The global IoT middleware market size is expected to grow from USD 6.9 billion in 2018 to USD 19.5 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 23.0% during the forecast period. Major driving factors for the IoT middleware market are the growing need for centralized monitoring, increased cloud adoption, increase in regulatory compliance, evolution of high speed network technologies, and rising adoption of next-generation technologies.  

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February 4, 2019

Sonar System Market worth $3.7 billion by 2023

According to the latest market research report "Sonar System Market by Product Type (Hull Mounted, Stern Mounted, Sonobuoy, DDS), Application (Commercial, Defense), Platform (Ship Type, Airborne), End User (Line Fit, Retrofit), Solution (Hardware, Software), Region - Global Forecast to 2023", The sonar system market is projected to grow from USD 2.6 billion in 2018 to USD 3.7 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 6.98% from 2018 to 2023. The major factors driving the growth of the market are the increasing global seaborne trade activities, growing requirement of shipowners to comply with the maritime safety norms, and flourishing maritime tourism sector.

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February 4, 2019

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