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MarketsandMarkets™™ Global Vice President of Automotive & Transportation Lisa Whalen to Speak at AI & Big Data Expo North America 2018

AI & Big Data Expo North America 2018 is a leading industry trade show focused on providing attendees the opportunity to explore and discover the practical and successful implementation of AI & Big Data to drive businesses forward in 2018 and beyond. The expo will be co-hosted alongside the IoT Tech Expo, the largest global gathering for the Internet of Things sector, the Blockchain Expo and the Cyber Security & Cloud Expo. As a whole, the event will attract in excess of 13,000 attendees for two days of insightful content covering the whole ecosystem surrounding AI, Big Data, IoT, Blockchain, Cyber Security & Cloud.

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November 22, 2018

Bitterness Suppressors and Flavor Carriers Market worth $244 million by 2023

The report "Bitterness Suppressors and Flavor Carriers Market by Form (Liquid, Solid), Category (Solvents, Fats, Starches, Sugars), Application (Food, Beverages, Pharmaceuticals), Flavor Type (Natural, Artificial), Availability, and Region - Global Forecast to 2023", The bitterness suppressors and flavor carriers market is estimated to be at USD 192 million in 2018 and is projected to reach USD 244 million by 2023 at a CAGR of 4.9%. Owing to factors such as growing industrialization; increasing environmental concerns; growing consumer awareness; producers’ inclination toward cost efficiency and profitability; and increasing consumer demand for low-calorie products, for nutraceuticals, and for convenience and functional food and beverages, the global market for bitterness suppressors and flavor carriers is projected to witness significant growth during the forecast period.

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November 22, 2018

Automotive Simulation Market worth $2.9 billion by 2025

The report "Automotive Simulation Market by Deployment (On-premises & Cloud), Component (Software & Services), End Market (OEMs, Automotive Component Manufacturers, & Regulatory Bodies), and Region (Asia Pacific, Europe, North America, & RoW) - Global Forecast to 2025", The automotive simulation market is projected to grow at a CAGR of 11.1% during the forecast period, to reach USD 2.9 billion by 2025 from an estimated USD 1.4 billion in 2018.

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November 22, 2018

Water-based Adhesive Market worth $20.2 billion by 2023

The report "Water-based Adhesive Market by Resin Type (PAE, PVA Emulsion, VAE Emulsion, SB Latex, and PUD), Application (Tapes & Labels, Paper & Packaging, Woodworking, Building & Construction, and Automotive & Transportation), and Region - Global Forecast to 2023" The global water-based adhesive market is projected to grow from USD 15.3 billion in 2018 to USD 20.2 billion by 2023, at a CAGR of 5.7%. Water-based adhesives are mainly used to bond dissimilar substrates in various application such as tapes & labels, paper & packaging, woodworking, building & construction, and automotive & transportation. It is used some specific applications including envelope, stamp production, bookbinding, labeling for alcoholic and soft drinks, consumer, and assembly application. There is an increased demand for water-based adhesives due to its flexibility, low cost, quick set, and strong bonds that remain for an extended period until the exposure of excess water or moisture.

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November 22, 2018

Genotyping Assay Market worth $31.9 billion by 2023

The report "Genotyping Assay Market by Technology (PCR, Sequencing, Microarray, Electrophoresis, MALDI-TOF), Application (Pharmacogenomics, Diagnostic Research, Animal Genetics, Agricultural Biotechnology), and Product - Global Forecast to 2023", The genotyping assay market is expected to reach USD 31.9 billion by 2023 from an estimated USD 11.8 billion in 2018, at a CAGR of 22.0%. The major factors driving the growth of this market include technological advancements, the decreasing prices of DNA sequencing, and the increasing incidence of genetic diseases.

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November 21, 2018

High-speed Camera Market worth $422 million by 2023

The report "High-speed Camera Market by Usage, Frame Rate (1,000-5,000, >5,000-20,000, >20,000-100,000, >100,000), Resolution (<2 MP, >2-5 MP, and >5 MP), Throughput, Component, Accessory, Application, and Geography - Global Forecast to 2023", The high-speed camera market is projected to reach USD 422 million by 2023, from USD 288 million in 2018, growing at a CAGR of 8.00% during that period. Major growth drivers are increasing demand for compact high-speed cameras, increasing use of high-speed cameras in media & entertainment and sports, and high adoption of high-speed cameras in manufacturing; high cost of high-speed cameras is the major market restraint.

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November 21, 2018

Torque Sensor Market worth $14.8 billion by 2024

According to the new research report "Torque Sensor Market by Type (Rotary Torque Sensors and Reaction Torque Sensors), Application (Test & Measurement, Automotive, Industrial, Aerospace & Defense, and Others), Technology, and Geography - Global Forecast to 2024", The torque sensor market is expected to reach USD 14.8 billion by 2024 from USD 9.4 billion in 2018, at a CAGR of 7.9%. Major drivers for the market growth are the increasing demand for advanced high-performance vehicles, growing importance of torque measurement, and rising demand for torque sensors for electric power steering (EPS) systems. However, low reliability of available torque sensors in high-end applications is the major restraint for the growth of the market.

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November 20, 2018

Protein Sequencing Market worth $1,088 million by 2023

The report "Protein Sequencing Market by Product (Sample Preparation, MS, Sequencer, Reagent, Consumable), Service, Technology (MS, Edman), Application (Biotherapeutics, Genetic Engineering), Enduser (Academia, Pharma, Biotechnology, CROs) - Global Forecast to 2023", The global protein sequencing market is projected to reach USD 1,088 million by 2023 from USD 925 million in 2018, at a CAGR of 3.3% during the forecast period

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November 19, 2018

Contact Lenses Market worth $9.2 billion by 2023

The report "Contact Lenses Market by Model (Daily Wear, Extended Wear), Design (Monovision, Spherical, Multifocal, Toric), Material (PMMA, Hybrid, Silicone Hydrogel), Application (Orthokeratology, Decorative Lenses), Distribution Channel - Global Forecast to 2023", The contact lenses market is expected to reach USD 9.2 billion by 2023 from an estimated USD 7.2 billion in 2018, at a CAGR of 4.9%. The high prevalence of myopia worldwide, rapidly growing geriatric population, growing demand for daily wear contact lenses, and rising preference for contact lenses over prescription eyeglasses are the significant growth drivers of the contact lenses market.

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November 19, 2018

Coordinate Measuring Machine (CMM) Market worth $4.1 billion by 2023

The report "Coordinate Measuring Machine (CMM) Market by Type (Bridge, Cantilever, Articulated Arm, Handheld), Application (Quality Control & Inspection, Reverse Engineering), Industry (Automotive, Heavy Machinery), and Geography - Global Forecast to 2023", The CMM market is expected to grow from USD 2.8 billion in 2018 to USD 4.1 billion by 2023, at a CAGR of 8.00% during the forecast period. The CMM market is growing rapidly and mainly focuses on quality control to capture large volumes of three-dimensional (3D) data for modeling and analysis. The captured data are then shared with production scheduling, design, purchasing, and many other manufacturing company functions to ensure the accuracy of manufactured products. Other drivers of the CMM market include growing interest in industrial internet of things (IIoT) and superior quality inspections.

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November 19, 2018

Power Amplifier Market worth $30.6 billion by 2023

The report "Power Amplifier Market by Product (Audio Power Amplifier, Radio Power Amplifier), Class (Class AB, Class C, Class D), Technology, Vertical (Consumer Electronics, Industrial, Telecommunication, Automotive) and Region - Global Forecast to 2023", The power amplifier market is expected to grow from USD 21.4 billion in 2018 to USD 30.6 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 7.4% during the forecast period. Major factors driving the power amplifier market include the increasing use of the LTE technology and the need for high-quality audio.

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November 19, 2018

Application Processor Market worth $38.2 billion by 2023

According to the new market research report "Application Processor Market by Device Type (Mobile Phones, PC Tablets, Smart Wearables, and Automotive ADAS & Infotainment Systems), Core Type (Octa-core, Hexa-core, Quad-core, Dual-core, and Single-core), Industry, and Geography - Global Forecast to 2023", the application processor market is expected to be worth USD 29.0 billion by 2018 and reach USD 38.2 billion by 2023, at a CAGR of 5.63% from 2018 to 2023. The growth of this market can be attributed to the high demand for application processors from the consumer electronics industry for use in devices such as mobile phones and PC tablets.

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November 16, 2018

CRISPR Technology Market worth $1,715 million by 2023

The report "CRISPR Technology Market by Product (Enzymes, Kits, gRNA, Libraries, Design Tools), Service (gRNA Design, Cell Line Engineering), Application (Biomedical, Agricultural), End User (Pharma & Biopharma Companies, Academics, CROs) - Global Forecast to 2023", The CRISPR technology market is expected to grow from USD 562 million in 2018 to USD 1,715 million by 2023, at a CAGR of 25% during the forecast period. The major factors driving the CRISPR technology market include the rising funding from government and private organizations and the high adoption of CRISPR technology.

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November 16, 2018

Particle Therapy Market worth $1,349 million by 2023

The report "Particle Therapy Market by Type (Heavy Ion, Proton Therapy), Products (Cyclotron, Synchrotron, Synchrocyclotron), Services, System (Single-room, Multi-room), Cancer Type (Pediatric, Prostate, Breast), Application (Treatment, Research) - Forecast to 2023", The global particle therapy market is projected to reach USD 1,349 million by 2023 from USD 865 million in 2018, at a CAGR of 9.3%

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November 16, 2018

Healthcare CRM Market worth $17.4 billion by 2023

The report "Healthcare CRM Market by Component (Software, Service), Delivery (On premise, Cloud, Public, Private, Hybrid), End user (Hospital, ASC, Payers, Life Science), Functionality (CSS, Marketing, Sales, Digital Marketing, AI, Analytics) – Global Forecast to 2023" Healthcare CRM market is projected to reach USD 17.4 billion by 2023 from USD 8.8 billion in 2018, at a CAGR of 14.6% during the forecast period. The benefits of CRM software and a growing focus on patient engagement are the major factors driving the growth of the healthcare CRM market.

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November 15, 2018

Deodorization Systems Market worth $4.3 billion by 2023

The report "Deodorization Systems Market by Edible Oil (Palm, Soybean, Sunflower, Groundnut), Component, Refining Method (Physical and Chemical), Operation (Batch, Semi, and Continuous), Technology, and Region - Global Forecast to 2023", The deodorization systems market is estimated at USD 3.4 billion in 2018 and is projected to reach USD 4.3 billion by 2023, at a CAGR of 4.9%. Factors such as the growing industrialization, increasing environmental concerns, growing consumer awareness, safety attached to it, and producers’ inclination toward cost efficiency, and profitability from industries fuel the market growth. Imposition of stringent regulations on edible oil nutrition and price wars between manufacturers are projected to fuel the demand for deodorization systems. On account of these factors, the global market is projected to witness significant growth during the forecast period.

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November 15, 2018

Enterprise Video Market worth $19.8 billion by 2023

The report "Enterprise Video Market by Component (Solutions, Services), Solutions (Webcasting, Video Content Management, Video Conferencing), Application (Corporate Communications, Training & Development), Vertical, and Region - Global Forecast to 2023", The enterprise video market is expected to grow from USD 13.5 billion in 2018 to USD 19.8 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 7.9% during the forecast period. The major factors driving the enterprise video market include the growing demand for video streaming along with the need for reducing operational expenses and increasing operational efficiency among organizations.

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November 15, 2018

Level Transmitter Market worth $3.7 billion by 2024

According to the new market research report Level Transmitter Market by Technology (Capacitance, Radar, Ultrasonic, Differential Pressure/Hydrostatic, Magnetostrictive, Radiometric), Industry (Oil & Gas, Chemicals, Water & Wastewater, Power, Metals & Mining), and Region - Global Forecast to 2024”, the level transmitter market is expected to grow from USD 3.0 billion in 2018 to USD 3.7 billion by 2024, at a CAGR of 3.85% from 2018 to 2024. Level transmitters are very easy to install, highly robust, resistant to turbulence, and require little maintenance. The need for more accurate and reliable continuous level measurements for inventory management, process efficiency, and safety applications has driven the level transmitter market growth. Food & beverages and pharmaceuticals industries have been witnessing steady growth owing to the increasing purchasing power and rising consumer demand. Thus, the increasing demand for process automation in these industries drive the growth of the level transmitter market.

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November 15, 2018

Ultrasound Market worth $8.4 billion by 2023

The report "Ultrasound Market by Technology (Diagnostic, FUS, SWL), Display (Color, B/W), Portability (Trolley, Compact, Portable, POC), Application (Radiology, OB/GYN, Urology, Cardiology, Orthopedic), End user (Hospitals, ACC, Diagnostic Centers) - Forecast to 2023", The global ultrasound market is projected to reach USD 8.4 billion by 2023 from USD 6.3 billion in 2018, at a CAGR of 5.9% during the forecast period.

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November 14, 2018

Real-Time Payments Market worth $25.9 billion by 2023

The report "Real-Time Payments Market by Nature of Payment (P2P, P2B & B2P), Component (Solutions (Payment Gateway, Payment Processing & Payment Security & Fraud Management) & services), Deployment Mode, Enterprise Size, Vertical, & Region - Global Forecast to 2023", MarketsandMarkets expects the global real time payments market size to grow from USD 6.8 billion in 2018 to USD 25.9 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 30.6% during the forecast period. The real time payments market is said to have a potential scope for growth in the years to come, due to the increasing use of smartphones and connected devices and the increasing consumers’ demand for quicker payment settlements.

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November 14, 2018

Paper Chemicals Market worth $40.2 billion by 2023

The report "Paper Chemicals Market by Form (Specialty Chemicals, Commodity Chemicals) Type (Pulp Chemicals, Process Chemicals, Functional Chemicals), and Region (Asia Pacific, Europe, North America, Rest of World) - Global Forecast to 2023", The paper chemicals market is projected to grow from USD 36.4 billion in 2018 to USD 40.2 billion by 2023, at a CAGR of 2.0%.

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November 14, 2018

Apoptosis Assays Market worth $5.9 Billion by 2023

The report "Apoptosis Assays Market by Product (Caspase, Annexin V, DNA Fragmentation, Mitochondrial Assay), Detection Technology (Flow Cytometry, Florescence microscopy), Application (Stem Cell, Discovery & Development, Clinical Research) - Global Forecast to 2023", The apoptosis assays market is expected to reach USD 5.9 billion by 2023 from an estimated USD 3.6 billion in 2018, at a CAGR of 10.5%. The major factors driving the growth of this market include the rising incidence and prevalence of chronic and infectious diseases, growing funding for cancer research, growing cell-based research, and development of apoptosis-modulating drugs.

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November 14, 2018

Hydrogen Generation Market worth $199.1 billion by 2023

The report "Hydrogen Generation Market by Generation, Application (Petroleum Refinery, Ammonia Production, Methanol Production, Transportation, Power Generation), Technology (Steam Reforming, Water Electrolysis, & Others), Storage, and Region - Global Forecast to 2023" The Hydrogen Generation Market is expected to reach USD 199.1 billion by 2023, at a CAGR of 8.0% from 2018 to 2023. The hydrogen generation market is expected to grow from USD 135.5 billion in 2018 to USD 199.1 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 8.0% during the forecast period. The major factors driving the hydrogen generation market include the growing demand to decarbonize energy end-use, government regulation for desulphurization of refinery activities, and increased demand for hydrogen in the transportation sector. Stringent restrictions on desulphurization of refinery products are expected to drive the hydrogen generation market.

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November 13, 2018

Hospital EMR Systems Market worth $18.3 billion by 2023

The report "Hospital EMR Systems Market by Component (Hardware, Software, and Services), Mode of Delivery (Cloud based and on premise), Type (General EMR and Specialty EMR), and Region (North America, Europe, Asia Pacific) - Global Forecast to 2023", The global hospital electronic medical records market is valued at an estimated USD 12.0 billion in 2018 and is projected to reach USD 18.3 billion by 2023, at a CAGR of 8.8% during the forecast period.

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November 13, 2018

Lateral Flow Assay Market worth $8.7 Billion by 2023

The report "Lateral Flow Assay Market by Application (Clinical Testing (Pregnancy, Infectious Disease (Mosquito , Influenza, STI, Hepatitis, TB), Cardiac Marker, Lipid Test) Veterinary, Food Safety) Product (Reader, Kits) Technique, End User - Global Forecast to 2023", The lateral flow assay market is expected to reach USD 8.7 billion by 2023 from an estimated USD 6.0 billion in 2018, at a CAGR of 7.7%. The high prevalence of infectious diseases worldwide, rapidly growing geriatric population, growing demand for point-of-care testing, and rising use of home-based lateral flow assay devices are the significant growth drivers of the lateral flow assay market.

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November 13, 2018

Smart Grid Market worth $61.3 billion by 2023

The report "Smart Grid Market by Software (AMI, Grid Distribution, Grid Network, Grid Asset, Grid Security, Substation Automation, and Billing & CIS), Hardware (Smart Meter), Service (Consulting, Integration, and Support), and Region - Global Forecast to 2023", The smart grid market size is expected to grow from USD 23.8 billion in 2018 to USD 61.3 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 20.9% during the forecast period. Government policies and legislative mandates, the awareness of carbon footprints, modernization of aging grid infrastructure, and improved grid reliability and efficient outage response are driving the adoption of smart grid solutions. With the increasing deployment of smart grid solutions in the smart cities, the smart grid market is expected to gain a major traction during the forecast period.

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November 13, 2018

Cable Testing and Certification Market worth $14.7 billion by 2023

The report "Cable Testing and Certification Market by Voltage (Low Voltage, Medium Voltage and High Voltage), Test (Routine Test, Sample Test and Type Test), End-User (Cable Manufacturers and Utility Providers), and Region - Global Forecast to 2023" The cable testing and certification market is projected to reach USD 14.7 billion by 2023. The cable testing and certification market is estimated at USD 11.3 billion in 2018 and is projected to reach USD 14.7 billion by 2023, at a CAGR of 5.4% between 2018 and 2023. The increasing use of cables in various applications, such as electrical & electronics, transportation (automotive & aerospace, rail, and marine), and energy generation & distribution, is expected to drive the cable testing and certification market.

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November 12, 2018

Surgical Snare Market worth $1,255 million by 2023

The report "Surgical Snare Market by Usability (Singel Use, Reusable), Application (GI Endoscopy, Laparoscopy, Urology Endoscopy, Gynecology Endoscopy, Arthroscopy, Bronchoscopy, Mediastinoscopy, Laryngoscopy), End User (Hospital, ASC) - Global Forecast to 2023", The market for surgical snare is expected to grow from USD 992 million in 2018 to USD 1,255 million by 2023, at a Compound Annual Growth Rate (CAGR) of 4.8% during the forecast period. The major driving factors in the surgical snares market are increasing number for colon polypectomy procedures, growth of the endoscopic ambulatory surgical centers, and a rising preference for minimally invasive surgeries are the key factors. 

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November 12, 2018

Business Rules Management System Market worth $1.41 Billion by 2023

The report "Business Rules Management System Market by Software, Service (Integration and Deployment, Training and Consulting, and Support and Maintenance), Organization Size, Deployment Type, Vertical, and Region - Global Forecast to 2023", The BRMS market is expected to grow from USD   0.84 Billion in 2018 to USD 1.41 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 11.0% during the forecast period. BRMS solutions enable automated processing of rules based on business needs and the reuse of business rules across multiple applications and responds faster to any change. Enterprises are rapidly adopting BRMS software, as it provides various benefits, such as the Line Of Business (LOB) control over implemented decision logics, no dependency on IT teams for changing the business rules, improved operational efficiency, and reduced costs.

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November 12, 2018

AC Electric Motor Sales in Oil & Gas Market worth $13.2 billion by 2023

The report "AC Electric Motor Sales in Oil & Gas Market by Type (Induction & Synchronous), Voltage (< 1 KV, 1-6.6 kV, > 6.6 kV), Output Power, HP (< 1 HP, > 1 HP), Output Power, kW (0.12-7.5 kW, 7.5-110 kW, 110-1000 kW, >1000 kW) and Region - Global Forecast to 2023" The AC Electric motor sales in oil & gas industry market is projected to reach USD 13.2 Billion by 2023. The AC Electric Motor Sales in Oil & Gas market is expected to grow from an estimated USD 10.5 billion in 2018 to USD 13.2 billion by 2023, at a CAGR of 4.62%. Increasing use of ROVs and AUVs and new discoveries of oil & gas reserves are likely to drive the AC Electric Motor market.

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November 12, 2018

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