Press Release page-85| MarketsandMarkets

Immuno Oncology Assays Market worth $7.9 billion by 2026

The report "Immuno Oncology Assays Market by Product & Service (Consumables, Instruments, Software), Technology (PCR, NGS, Immunoassay), Cancer Indications (Lung, Breast, Colorectal, Bladder, Melanoma), Application (Research, Diagnostics) - Global Forecast to 2026", is projected to reach USD 7.9 billion by 2026 from USD 4.4 billion in 2021, at a CAGR of 12.5%. The rising incidence of cancer and the growing adoption of targeted therapy drives growth in the immuno-oncology assays market, increased demand for personalized medicine, and the growing significance of companion diagnostics in drug development are among the other factors. Emerging economies such as China and Japan are providing lucrative opportunities for the players operating in the immuno-oncology assays market.
- Published: April 2021
Queue Management System Market worth $0.6 billion by 2026

The report "Queue Management System Market by Component, Solution Type, Application (Reporting & Analytics, Real-time Monitoring), Queue Type (Structured, Unstructured, Mobile Queue), Organization Size, Deployment Mode, Vertical, and Region - Global Forecast to 2026", size to grow from USD 0.5 billion in 2020 to USD 0.6 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 4.0% during the forecast period. Factors such as the increasing need to manage customer traffic and customer movement to boost productivity and the rising need to improve staff efficiency and enhance customer engagement during COVID-19 are driving the adoption of the QMS market across the globe. QMS can be used at any location undergoing a significant footfall. Most of the organizations prefer QMS solutions and services to shorten on-site customer wait times and reduce walkaways.
- Published: April 2021
Medical Device Outsourced Manufacturing Market worth $56.2 billion by 2026

The repor "Medical Device Outsourced Manufacturing Market by Device Type (IVD (Equipment, Consumable), Diabetes, Respiratory, Cardiovascular, Personal Care, Endoscopy, Dental, Ophthalmology, Devices) Class of Device, Services, Procedure - APAC forecast to 2026", is projected to reach USD 56.2 billion by 2026 from USD 29.3 billion in 2021 and is expected to grow at a CAGR of 13.9% during the forecast period. The Asia Pacific medical device outsourced manufacturing market is mainly driven by the overall growth of the medical devices market, mainly due to the rising disease prevalence, life expectancy, and geriatric population. Technological advancements have prompted end users to overhaul or update their manufacturing systems. As this is a costly process, they look to outsource contract manufacturing.
- Published: April 2021
Cryptocurrency Market worth $2.2 billion by 2026

According to a research report "Cryptocurrency Market with impact of COVID-19 by Offering (Hardware, and Software), Process (Mining and Transaction), Type, Application (Trading, Remittance, Payment: Peer-to-Peer Payment, Ecommerce, and Retail), and Geography - Global Forecast to 2026" published by MarketsandMarkets, the cryptocurrency market size is expected to grow from USD 1.6 billion in 2021 to USD 2.2 billion by 2026, at a CAGR of 7.1%. Transparency or distributed ledger technology and growth in venture capital investments are the key factors driving the growth of the cryptocurrency market.
- Published: April 2021
DDI Market worth $836 million by 2026

The report "DDI Market by Component (Solutions and Services), Application (Network Automation, Virtualization and Cloud, Data Center Transformation, Network Security), Deployment Mode, Organization Size, Vertical, and Region - Global Forecast to 2026", size to grow from USD 400 million in 2021 to USD 836 million by 2026, at a Compound Annual Growth Rate (CAGR) of 15.9% during the forecast period. Increased demand for DDI due to COVID-19 outbreak, growing trends of BYOD and WFH across verticals, and rising demand for enhanced security are major growth factors for the market. Increasing need for IPAM and advent of IPv6 would provide lucrative opportunities for vendors in the DDI market.
- Published: April 2021
CNC Controller Industry worth $3.4 billion by 2026

According to the new market research report "CNC Controller Market with COVID-19 Impact by Offering (Hardware and Software & Services), Machine Type, Axis Type (2-Axis, 3-Axis, 4-Axis, 5-Axis, and Multi-axis), Sales Channel, Industry, and Region - Global Forecast to 2026", the global CNC controller market size was valued at USD 2.8 billion in 2021 and is projected to reach USD 3.4 billion by 2026; it is expected to grow at a CAGR of 3.6% from 2021 to 2026. The key factors fueling the growth of this market include rising adoption of industrial automation in manufacturing industries and increasing demand for mass production across various end user industries.
- Published: April 2021
Medical Composites Market worth $1,478 million by 2025

The report "Medical Composites Market by Fiber Type(Carbon and Ceramic), Application (Diagnostic Imaging, Composite Body Implants, Surgical Instruments, and Dental), and Region (Europe, North America, APAC, Latin America, and MEA) - Global Forecast to 2025", The global medical composites market size is expected to grow from USD 922 million in 2020 to USD 1,478 million by 2025, at a CAGR of 9.9% during the forecast period. Medical composites are extensively being used in Diagnostic imaging, composite body implants. The increasing use of medical composites-based composites materials in the automotive & transportation end-use industry is expected to drive the demand.
- Published: April 2021
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.
- Published: April 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.
- Published: April 2021
Air-to-Air Refueling Market worth $995.23 Million by 2027

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, and Region - Global Forecast to 2027"The air-to-air refueling market is projected to grow from USD 619.26 Million in 2022 to USD 995.23 Million by 2027 registering a CAGR of 10.0% during the forecast period. The increasing instances of overseas deployment of military aircraft has been one of the main reasons for the rising demand for air-to-air refueling technologies and has encouraged the adoption of aircraft equipped with such capability.
- Published: April 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.
- Published: April 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.
- Published: April 2021
Automotive Camera and Integrated Radar and Camera Industry 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.
- Published: April 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.
- Published: April 2021
Oxidative Stress Assay Industry Worth $1,326 million by 2025, with a CAGR of 9.7%

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.
- Published: April 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.
- Published: April 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.
- Published: April 2021
Airborne Optronics Industry 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.
- Published: April 2021
Wearable Payment Device Industry 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.
- Published: April 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.
- Published: April 2021
Smart Ticketing Market worth $16.2 billion by 2026

According to a research report "Smart Ticketing Market by Component (Hardware, Software, and Services), Application (Parking and Transportation (Roadways, Railways, and Airways), and Sports and Entertainment), Organization Size, and Region - Global Forecast to 2026", published by MarketsandMarkets, the global smart ticketing market size is projected to grow from USD 7.2 billion in 2020 to USD 16.2 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 14.5% during the forecast period. The smart ticketing market is gaining traction due to affordable access to rapid transit with the help of smart transit systems, huge demand for smart ticketing from sports, entertainment, and tourism industries, advanced technologies in the smart ticketing systems, rising adoption of contactless payments, upsurge in the intelligent transportation market, and growing adoption of wearable technologies.
- Published: April 2021
Collaboration Display Market worth $957 million by 2026

The report "Collaboration Display Market with COVID-19 Impact Analysis by Offering (Hardware, Software and Services), Screen Size (Up to 65 Inches, above 65 Inches), Resolution (1080P, 4K/UHD), End User, Application, and Geography - Global Forecast to 2026", is projected to reach USD 957 million by 2026 from USD 700 million in 2021; it is expected to grow at a CAGR of 6.4 % from 2021 to 2026. Major drivers for the growth of the market are surged demand for collaboration displays in educational institutions and corporate offices as well as increase in remote and hybrid work models amid COVID-19. The increased digital transformation throughout the globe and adoption of ever changing technology is also a reason for the increased demand of collaboration display in corporate offices, educational institutions, and government organizations. Moreover, the lower manufacturing cost and labour cost as well as huge untapped market in countries of APAC act as growth opportunities for developers of collaboration display.
- Published: April 2021
Excitation Systems Market worth $3.4 billion by 2026

The report "Excitation Systems Market by Type (Static and Brushless), Controller Type (Analog and Digital), Application (Synchronous Generators and Synchronous Motors), End User (Power Generation, Heavy Industries, and OEMs) and Region - Global Forecast to 2026", is expected to grow from an estimated USD 2.7 billion in 2021 to USD 3.4 billion by 2026, at a CAGR of 4.4%. Key factors projected to drive the growth of the excitation systems market are their ability to ensure long-term reliable operations and increasing demand for synchronous machines to ensure optimal reactive power flow in power distribution plants. However, the complex design of excitation systems makes the maintenance process difficult, which acts as a restraint for the growth of the excitation system market.
- Published: April 2021
Torque Sensor Industry worth $9.0 billion by 2026

The report "Torque Sensor Market with COVID-19 Impact Analysis by Type (Rotary Torque Sensors and Reaction Torque Sensors), Application (Automotive, Test & Measurement, Industrial, Aerospace & Defense), Technology, and Geography - Global Forecast to 2026", is projected to grow from USD 6.8 billion in 2021 to USD 9.0 billion by 2026; it is expected to grow at a CAGR of 5.7% during the forecast period. Owing to COVID-19, the torque market is estimated to face headwinds for 2020–2021. The growth of the torque sensor market is driven by factors such as increasing demand for advanced high-performance vehicles and the growing importance of torque measurement. The electric power steering (EPS) system is one of the largest application areas of torque sensors in the automotive industry. EPS systems need high-precision torque sensors for the accurate measurement of force applied by the driver to provide the necessary feedback as steering is one of the essential parts in automobiles. Moreover, torque sensors are being increasingly used in various robotics applications, such as force-controlled processes, robotics assembly, telemanipulation, and human augmentation. The growing adoption of robotics in various applications, mainly medical (rehabilitation robotics systems, surgical robots, and others) and industrial, is likely to create lucrative opportunities for torque sensor manufacturers in the near future.
- Published: April 2021
Silica Flour Market worth $684 million by 2026

The report "Silica Flour Market by Type (Quartz, Cristobalite), End Use (Fiberglass, Foundry, Glass & Clay, Ceramic & Refractory, Oil Well Cement) and Region (North America, APAC, Europe, South America, Middle East & Africa) - Global Forecast to 2026" The global silica flour market size is projected to grow from USD 563 million in 2021 to USD 684 million by 2026, at a CAGR of 3.9% from 2021 to 2026. The market is projected to grow in accordance with the increase in the demand for silica flour for numerous applications, particularly for fiberglass and glass & clay production across the globe. Furthermore, the silica flour market has witnessed a significant increase in demand, owing to its demand as a good refractory material, across various end use industries.
- Published: April 2021
Airborne Radars Industry worth $23.6 Billion by 2028

The report "Airborne Radars Market by Component, Platform, Application (Defense and Security, Commercial and Civil), Waveform, Technology, Waveform, Range, Dimension( 2D, 3D, 4D), Installation Type and Region - Global Forecast to 2028" The Airborne Radars market size is projected to grow from an estimated USD 15.8 Billion in 2023 to USD 23.6 Billion by 2028, at a CAGR of 8.3% during the forecast period. This growth can be attributed to the increasing aircraft demand and advancements in traditional aircraft.
- Published: April 2021
Fertility Test Industry worth $680 Million by 2025, with a CAGR of 7.5%

The report "Fertility Test Market by Product (Ovulation Predictor Kits, Fertility Monitors (Urine, Saliva, Blood)), Mode of Purchase (OTC, Prescription, Online), Application (Female, Male), End User (Home care, Fertility clinics, hospitals) - Global Forecast to 2025" The fertility test market is projected to reach USD 680 Million by 2025 from USD 472 Million in 2020, at a CAGR of 7.5 % the forecast period. Growth in this market is primarily driven by by the increasing first-time pregnancy age in women, declining fertility rate among men and women, growing number of women suffering from disorders such as PCOS, emergence of advanced ovulation monitors, and the increased awareness of fertility testing in both developed as well as developing countries.
- Published: April 2021
Medical Engineered Materials Market worth $29.1 billion by 2025

The report "Medical Engineered Materials Market by Type (Medical plastics, medical foams, medical films, medical elastomers, medical adhesives), Application (Medical device, disposables, medical wearables, advanced wound care), and Region - Global Forecast to 2025", size is projected to reach USD 29.1 billion by 2025 from USD 15.8 billion in 2020, at a CAGR of 13.0% during the forecast period. Increase in aging population, rise in global healthcare expenditure, growing demand for minimally invasive medical procedures, and advancements in designing of medical electronics are the major drivers for the medical engineered materials market. The market players in the emerging economies, such as APAC, South America, and the Middle East & Africa, are investing heavily in healthcare expenditure and improving medical facilities. The major restraints for the market are stringent regulatory policies and a time-consuming approval process. Concerns over disposal of medical wastes is a major challenge for the medical engineered materials market.
- Published: April 2021
Sequence of Events Recorder Market worth $31 million by 2026

The report "Sequence of Events Recorder Market by Mount type (Rack mounted, Rail mounted), End user (Data Center, Power Generation, Manufacturing, Others (Hospitals, Laboratories, Petrochemicals, and Pharmaceutical industries)), Region- Global Forecast to 2026" The sequence of events recorder market size will grow to USD 31 million by 2026 (forecast year) from USD 25 million in 2021 (estimated year), at a CAGR of 4.7% during the forecast period. The increasing focus on the effective usage of power resources and the ongoing efforts to reduce downtime and energy costs in different industries are factors driving the growth of the sequence of events recorder market. Moreover, growing investments in data center infrastructures and ongoing replacement of aging power infrastructures with technologically advanced power equipment are factors expected to offer lucrative opportunities for the growth of the market. However, the easy availability of substitutes of sequence of events recorders hinders the growth of the market
- Published: April 2021
5G Enterprise Industry worth $10.9 billion by 2027

The report "5G Enterprise Market by Network Type (Hybrid Network, Private Network), Operator Model, Infrastructure, Spectrum, Frequency Band, Organization Size, Application, Vertical, Region - Global Forecast to 2027", is expected to grow from USD 2.1 billion in 2021 to USD 10.9 billion by 2027, at a CAGR of 31.8%. A few major factors driving the growth of this market are the emergence of Industry 4.0 paving the way for mMTC, the development of smart infrastructure, and the delivery of differentiated 5G services using network slicing technique. The critical challenge faced by the market players is the requirement of the high spending capability of carriers to set up a 5G infrastructure. Similarly, the adoption of Wi-Fi communication technology by enterprises and security concerns in the 5G core network are the major factors hindering the market growth. Low latency connectivity with uRLLC and increasing demand for private networks from various enterprises and government organizations for mission-critical applications. Despite the market being in the infancy stage, a lot of research is being conducted in the market.
- Published: April 2021
Marine collagen Market worth $1,137 million by 2026

The report "Marine collagen Market by Type (Type I, Type III), Application (Nutraceuticals, Cosmetic, Medical), Source (Skin, scales, and muscles, Bones & tendons), Animal and Region – Trends and Global Forecast to 2026" According to MarketsandMarkets, the global marine collagen market size is estimated to be valued at USD 778 million in 2021 and projected to reach USD 1,137 million by 2026, recording a CAGR of 7.9% during the forecast period. The growth of this market can be attributed to the rising disposable income of consumers, which allows them to spend more on cosmetic and nutraceutical products. The demand for marine collagen is augmented by the ongoing health and wellness trends flooding the internet and social media, which has led to an escalated demand for nutraceutical supplements and cosmetic products among consumers.
- Published: April 2021
Crash Barrier Systems Market worth $9.0 billion by 2026

The report "Crash Barrier Systems Market by Type (Portable & Fixed), Technology (Rigid, Semi-Rigid & Flexible), Device (Crash Cushions, End Treatments, and GEAT), Application (Roadside, Median, Work-zone, and Bridge) & Region - Global Forecast to 2026" The global crash barrier systems market size is expected to grow from USD 7.6 billion in 2021 to USD 9.0 billion by 2026, at a CAGR of 3.3% during the forecast period. Crash barrier systems is used across applications, such as roadsie barriers, median barriers, work zone barriers, bridge barriers and Others. In the crash barrier systems market, roadside barrier is the largest application owing to the increasing usage of guardrails and wire ropes on highways and roadways across the globe..
- Published: March 2021
Smart Elevator Industry worth $12.6 billion by 2026

According to the new market research report "Smart Elevator Market with COVID-19 Impact by Component (Control System, Maintenance System, Communication System), Application (Residential, Commercial, Institutional), Services, and Region - Global Forecast to 2026" The smart elevator market is expected to grow from USD 9.7 billion in 2021 to USD 12.6 billion by 2026.; it is expected to grow at a CAGR of 5.4% from 2021 to 2026. The key factors fueling the growth of this market consist of reducing energy consumption within the buildings, development of smart cities and growth in urbanization. Moreover, increased construction of high-rise buildings equipped with smart vertical transportation systems due to rapid urbanization and modernization of old buildings plays a key role in driving the growth of smart elevator market.
- Published: March 2021
Voice Biometrics Market worth $3.9 billion by 2026

The report "Voice Biometrics Market by Component, Type (Active and Passive), Application (Authentication and Customer Verification, Transaction Processing), Authentication Process, Organization Size, Deployment Mode, Vertical, and Region - Global Forecast to 2026", size to grow from USD 1.1 billion in 2020 to USD 3.9 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 22.8% during the forecast period. Factors such as the increasing demand for robust fraud detection and prevention systems across the Banking, Financial Services, and Insurance (BFSI) industry and the need for reducing authentication and identification costs are driving the adoption of voice biometrics solutions across the world. Fraudulent activities have increased alarmingly with the advent of digitalization across the banking industry. Through high-profile data thefts, fraudsters with access to banking credentials may gain access to customers’ bank accounts, thus creating the need for second or third-level security in the whole financial authentication system. Voice biometrics caters to such needs of banks and financial agencies by smartly identifying a user based on his/her voiceprint.
- Published: March 2021
Mobile and Wireless Backhaul Market worth $15.5 billion by 2026

The report "Mobile and Wireless Backhaul Market by Component (Equipment and Services[Designing & Consulting, Integration & Deployment]), Equipment (Microwave, Millimetre Wave, Sub-6 Ghz), Network Technology (5G, 4G, and 3G & 2G), and Region - Global forecast to 2026" The global Mobile and wireless backhaul Market size is expected to grow from USD 9.3 billion in 2020 to USD 15.5 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 8.8% during the forecast period. The Mobile and wireless backhaul Market is fuelled by the growth in the number of mobile subscribers and the success of 4G and 5G around the world. Moreover, the trend of companies investing more on adoption of small cells and reduced total cost of ownership is driving the adoption of mobile and wireless backhaul solutions.
- Published: March 2021
Automotive Switch Market worth $7.5 billion by 2026

The report "Automotive Switch Market by Type (Knob, Lever, Button, Touchpad & Others), Switch Application (HVAC, Indicator, Electronic, Engine Management, Power Windows, Ignition, Multi-purpose & Others), Vehicle Type and Region - Global Forecast to 2026", is projected to grow at a CAGR of 3.8% from 2021 to 2026, and the market size is expected to grow from USD 6.2 billion in 2021 to USD 7.5 billion by 2026. Growing popularity of premium vehicles with advanced systems such as power windows, front & rear AC conditioning, EMS systems etc. is expected to significantly boost automotive switches market. Trends towards lightweight vehicle parts is also expected to propel automotive switches market.
- Published: March 2021
Smart Thermostat Industry worth $6.4 billion by 2026

According to the new market research report on the "Smart Thermostat Market by Product (Connected, Learning, Standalone), Connectivity Technology (Wireless, Wired), Installation Type (New Installation, Retrofit Installation), Vertical (Residential, Commercial, Industrial), and Region - Global Forecast to 2026", the smart thermostat market size is expected to grow from USD 2.5 billion in 2021 to USD 6.4 billion by 2026; it is expected to grow at a CAGR of 20.8% from 2021 to 2026. The key factors driving the growth of the market increasing adoption of smart homes attributed to COVID-19 situation, emergence of IoT-enabled HVAC systems, government regulations pertaining to increase energy efficiency of buildings, and surging adoption of smart home voice assistants.
- Published: March 2021
In Vivo Toxicology Market worth $6.6 billion by 2025

The report "In Vivo Toxicology Market by Product (Animal Models, Reagents & Kits), Test Type (Chronic, Sub-acute), Toxicity Endpoints (Systemic, Immunotoxicity), Testing Facility (Outsourced, In-house), End User (Academic & Research Institute, CROs) - Forecast to 2025" The global in vivo toxicology market size is projected to reach USD 6.6 billion by 2025, at a CAGR of 5.5% between 2020 and 2025.
- Published: March 2021
Pyrometer Market worth $464 million by 2025

According to the new market research report "Pyrometer Market with COVID-19 Impact Analysis, by Type (Fixed, Handheld), Technology (Optical, Infrared), Wavelength (Single Wavelength, Multiwavelength), End-user Industry (Ceramics, Glass, Metal Processing), and Geography - Global Forecast to 2025", the pyrometer market is estimated to grow from USD 327 million in 2020 to reach USD 464 million by 2025; it is expected to grow at a CAGR of 7.3% from 2020 to 2025. A few key factors driving the growth of this market are increased importance of non-contact temperature measurements, emphasis of end-user industries on rugged temperature measurement devices, Industry 4.0 pushed demand for pyrometers, and surged popularity of application-specific pyrometers.
- Published: March 2021
Smart Card Industry worth $16.9 billion by 2026

According to a research report "Smart Card Market with Covid-19 Impact by Interface (Contact, Contactless, Dual), Type (Memory, MPU Microprocessor), Functionality (Transaction, Communication, Security and Access Control), Offering, Vertical, and Region - Global Forecast to 2026", size is estimated to be USD 13.9 billion in 2021 and projected to reach USD 16.9 billion by 2026, at a CAGR of 4.0% during the forecast period. Increase in the demand for contactless card (tap-and-pay) payments amid COVID-19, proliferation of smart cards in healthcare, transportation, and BFSI verticals; and increased penetration of smart cards in access control and personal identification applications. These factors will drive market growth through the end of the forecast period. Moreover, surged benefits offered by smart cards in form of multifunctionality and flexibility; and easy access to e-government services and risen demand for online shopping and banking will drive the demand of smart cards in the near future.
- Published: March 2021
Laboratory Gas Generators Market worth $686 million by 2026

The report "Laboratory Gas Generators Market by type (Nitrogen, Hydrogen, Zero Air, Purge Gas, ToC), Application (Gas Chromatography, LC-MS), End user (Life Science Industry, Chemical & Petrochemical Industry, Food & Beverage Industry) - Global Forecast to 2026" The global laboratory gas generators market is projected to reach USD 686 million by 2026 from USD 353 million in 2021, at a CAGR of 14.2% during the forecast period.
- Published: March 2021
Electron Microscopy and Sample Preparation Industry worth $3.5 Billion by 2026

The report "Electron Microscopy and Sample Preparation Market with Covid-19 impact By Type (SEM and TEM), Application (Semiconductor, Life Sciences, Material Science), Product, End-user Industry, and Geography-Global Forecast to 2026", size is expected to grow from USD 2.2 billion in 2021 to USD 3.5 billion by 2026, at a CAGR of 9.5%. Favorable funding scenario for R&D in microscopy and growth opportunities in emerging markets are the key factors driving the growth of the electron microscopy and sample preparation market.
- Published: March 2021
OLED Market worth $72.8 billion by 2026

The report "OLED Market with COVID-19 Impact Analysis by Product Type (Smartphones, Television Sets, Smart Wearables, Large Format Displays), Panel Type, Panel Size, Technology, Vertical, and Geography - Global Forecast to 2026", size was valued at USD 38.4 billion in 2021 and is projected to reach USD 72.8 billion by 2026. It is expected to grow at a CAGR of 13.6% during the forecast period. Rapid adoption of OLED displays in smartphones, significant investments in building new facilities to manufacture OLED panels, high demand for better viewing experience, especially from smartphone and television consumers, rapid advances in OLED technology, increased demand for AMOLED displays in AR/VR headset applications, and financial support from governments worldwide for OLED lighting research are the key driving factors for the OLED market.
- Published: March 2021
Polycarbonate Sheets Market worth $2.2 billion by 2025

The report "Polycarbonate Sheets Market by Type (Solid, Multiwall, Corrugated), End-use Industry (Building & Construction, Electrical & Electronics, Automotive & Transportation, Aerospace & Defense, Packaging), and Region - Global Forecast to 2025" The global polycarbonate sheets market size is projected to grow from USD 1.7 billion in 2020 to USD 2.2 billion by 2025, at a CAGR of 5.1% between 2020 and 2025.
- Published: March 2021
Cell Lysis/Cell Fractionation Industry worth $4.1 billion by 2026, with a CAGR of 7.2%

The report "Cell Lysis/Cell Fractionation Market by Product (Consumables (Enzymes, Detergent), Instruments (Sonicators)), Cell Type (Mammalian), Application (Protein Purification), End User (Biopharmaceutical & Biotechnology Companies) - Global Forecast to 2026" The global cell lysis market size is projected to reach USD 4.1 billion by 2026 from USD 2.9 billion in 2021, at a CAGR of 7.2%. The growth in this market is attributed to the increasing government funding for research, high prevalence of diseases, and growing focus on personalized medicine.
- Published: March 2021
Food Disinfection Market worth $14.9 billion by 2025

The report "Food Disinfection Market by Chemical Type (Chlorine, Hydrogen Peroxide & Peracetic Acid, and Quaternary Ammonium Compounds), End Use (Food Processing and Beverage Processing), Application Area, and Region - Global Forecast to 2025", The global food disinfection market is expected to reach a value of USD 14.9 billion by 2025, growing at a CAGR of 4.1% during the forecast period. Factors such as the increasing occurrences of foodborne diseases and growing safety concerns related to food are driving the market for food & beverage disinfection, which is achieved by certain chemicals and technology (equipment). Chemical disinfectants are more frequently used in food production facilities than thermal or radiation techniques.
- Published: March 2021
Antenna, Transducer and Radome Industry worth $16.0 billion by 2025

According to a research report "Antenna, Transducer, and Radome Market by Product (Antenna & Transducer, Radome), Platform (Ground, Naval, Airborne), End User, Application, Technology (Radar, Communication, Sonar), Frequency, Region - Global Forecast to 2025" published by MarketsandMarkets, the global ATR market size is projected to grow from USD 9.1 billion in 2020 to USD 16.0 billion by 2025, at a CAGR of 11.9% from 2020 to 2025. The growth of the market can be attributed to the growing trend of automation in flight control and increase in defense expenditure and R&D activities to develop ATR, capable of withstanding harsh conditions and providing long-range capabilities at low power consumption.
- Published: March 2021
Functional Proteins Market worth $6.1 billion by 2025

The report "Functional Proteins Market by Type (Whey Protein Concentrates, Isolates, Hydrolysates, Casein, Soy Protein), Source (Animal, Plant), Form (Dry, Liquid), Application and Region – Trends and Forecast to 2025" According to MarketsandMarkets, the global functional proteins market size is estimated to be valued at USD 4.6 billion in 2020 and projected to reach USD 6.1 billion by 2025, recording a CAGR of 5.6% during the forecast period.
- Published: March 2021
Substation Automation Industry worth $54.2 billion by 2026

The report "Substation Automation Market with COVID-19 impact analysis by Offering (Hardware, Software, Services), Type (Transmission, Distribution), Installation Type, End-use Industry, Component, Communication, and Region - Global Forecast to 2026", is estimated to be USD 54.2 billion by 2026 (forecast year) from USD 39.9 billion in 2021 (estimated year), at a CAGR of 6.3% between 2021 to 2026. The growing demand for low-cost and more flexible substation solutions drives the adoption of automated substations in various industries, such as utilities, oil & gas, and railways. Government funding initiatives to replace aging infrastructure also help reduce energy and revenue losses. This, in turn, assists in preventing power outages and blackouts and drives the need to install more automated substations. Moreover, the rising demand for renewable energy projects and the increasing adoption of electric and hybrid vehicles are set to create new growth opportunities for players operating in the substation automation market.
- Published: March 2021
Business Process Automation Market worth $19.6 billion by 2026

According to a research report "Business Process Automation Market by Component, Deployment Type, Organization Size, Business Funtion (Sales and Marketing, HR, Acoounting and Finance, Supply Chaixn, Customer Service Support) Vertical, and Region - Global Forecast to 2026", size is expected to grow from USD 9.8 billion in 2020 to USD 19.6 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 12.2% during the forecast period. The Increased need for optimized resource utilization through automated business processes, rising demand of automated IT systems, growing demand for streamlining communication across varied business functions in organizations, and business agility are a few factors driving the growth of the BPA solutions. Moreover inclusion of cutting egde technologies in business process management and automation is enabling the vendors to offer more innovative solutions to reduce manual error, and improved IT systems to meet customers dynamic requirements.
- Published: March 2021

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