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Smart Lock Industry worth $3.9 Billion by 2027
The report "Smart Lock Industry with COVID-19 Impact by Lock Type (Deadbolt Locks, Lever Handles), Communication Protocol (Bluetooth, WiFi), Unlocking Mechanism (Keypad, Card Keys, Touch Based), Vertical (Residential, Commercial) and Region - Global Forecast to 2027 ", is estimated to be valued at USD 2.1 billion in 2022 and reach USD 3.9 billion by 2027, registering a CAGR of 12.9% between 2022 and 2027.
- Published: March 2022
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MarketsandMarkets Wins in Thought Leadership Category at the 16th Annual StevieŽ Award for Sales & Customer Service, Las Vegas
CHICAGO, March 25, 2022 /PRNewswire/-- MarketsandMarkets was presented with a StevieŽ Award in the Thought Leadership category in the 16th annual Stevie Awards for Sales & Customer Service.
- Published: March 2022
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Electronically Scanned Array Industry worth $10.4 billion by 2026
According to a research report "Electronically Scanned Array Market by Installation, Platform (Air, Marine, Land), Frequency Band, Type, Component, Range, Dimension, Array Geometry and Region (North America, Europe, APAC, Middle East and Africa and Latin America) - Forecast to 2026" According to a research report, the electronically scanned array market is estimated to be USD 7.4 billion in 2021 and is projected to reach USD 10.4 billion by 2026, at a CAGR of 7.1% from 2021 to 2026. The electronically scanned array market is estimated to be USD 7.4 billion in 2021 and is projected to reach USD 10.4 billion by 2026, at a CAGR of 7.1% from 2021 to 2026. Growth of this market can be attributed to the rise in trade of electronically scanned array, developments in the defense sector, and national security sector.
- Published: March 2022
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Operational Technology Industry worth $216.3 billion by 2027
According to the new research report "Operational Technology Market with COVID-19 Impact, by Components (Field Devices, Control Systems, & Services), Networking Technology, Industry (Process and Discrete), and Geography (North America, Europe, Asia Pacific, RoW) - Global Forecast to 2027" published by MarketsandMarkets, the global operational technology market was valued at USD 157.9 billion in 2022 and is projected to reach USD 216.3 billion by 2027; it is expected to grow at a CAGR of 6.5% from 2022 to 2027. The major drivers of the market include the surging adoption of Industry 4.0, rising emphasis on industrial automation in manufacturing processes, increasing government involvement in supporting industrial automation, growing emphasis on regulatory compliances, increasing complexities in the supply chain, and surging demand for software systems that reduce time and cost. The operational technology market has been segmented by component, networking technology, industry, and geography.
- Published: March 2022
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Rubber Additives Market worth $9.3 billion by 2026
The report "Rubber Additives Market with Covid-19 Impact Analysis, by Type (Antidegradants, Accelerators), Application (Tire and Non-Tire), and Region (Asia Pacific, North America, Europe, Middle East & Africa, South America) - Global Forecast to 2026" The rubber additives market is projected to reach USD 9.3 billion by 2026, at a CAGR of 3.5% from USD 7.8 billion in 2021. Rubber is a polymer, which is primarily categorized as natural and synthetic rubber. Natural rubber is obtained from certain trees that are found particularly in the tropical areas. On the other hand, synthetic rubber is obtained by the by-products of petroleum refining. To meet the specific requirements of end-use industries, the rubber has to be treated with chemicals to give it the desired properties. Thus, rubber additives are used to improve properties of the rubber. Rubber is processed using various additives to make it suitable to be used for various applications such as automobile, rubber mats, conveyor belts, and others.
- Published: March 2022
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Automotive Wheels Aftermarket worth $4.1 billion by 2027
The report "Automotive Wheels Aftermarket by Aftermarket (New Wheel Replacement & Refurbished Wheel Fitment), Vehicle (PC, CV), Coating, Material, Rim Size (13-15 Inch, 16-18 Inch, 19-21 Inch, Above 21 Inch), Product, Distribution & Region - Global Forecast to 2027", is projected to grow at a CAGR of 3.5% from USD 3.4 billion in 2022 to reach USD 4.1 billion by 2027.
- Published: March 2022
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Mounted Bearing Market worth $1.8 billion by 2027
The report "Mounted Bearing Market by Product (Ball Bearing, Roller Bearing), Market Channel (OE Market, Aftermarket), Housing Block (Plummer Block, Flanged Block, Take-up Block), Equipment, End-use Industry and Region - Global Forecast to 2027", size is projected to grow from USD 1.4 billion in 2022 to USD 1.8 billion by 2027, at a CAGR of 5.6%. Owing to extensive research & development activities by leading players in the market, products such as sensor-based bearings, self-aligning bearings, connected bearings, and self-lubricating bearings are being launched. Furthermore increasing adoption of sensors in industrial automation as well as motion control systems. They are the vital link between the data collected through physical systems and the communication link that transmits data to the monitoring facilities or cloud. Sensors are used to keep a check on the performances of bearings, as a failed bearing could lead to costly downtime. The smart sensor technology provides an early indication of any potential problem through assessing the condition of bearings such as vibrations as well as temperature information. It has application in bulk material handling conveyors that are typically found in the industries such as aggregate, mining, grain handling as well as cement along with the food and beverage as well as air handling sectors.
- Published: March 2022
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Prebiotic Ingredients Market worth $10.9 billion by 2027
According to a research report "Prebiotic Ingredients Market with Covid-19 Impact by Type (Oligosaccharides, Inulin, & Polydextrose), Application (Food & Beverage, Dietary Supplements, & Animal Feed), Source, Brand, Functionality, Bacterial Activity and Region - Global Forecast to 2027" published by MarketsandMarkets, the market for prebiotic ingredients is estimated at USD 6.3 billion in 2022; it is projected to grow at a CAGR of 11.7% to reach USD 10.9 billion by 2027.
- Published: March 2022
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Automotive Seat Market worth $58.4 billion by 2030
According to a research report "Automotive Seats Market by Type & Technology (Powered, Heated, Ventilated, Memory, Massage), Seat Trim OE & Aftermarket (Synthetic & Genuine Leather, Fabric), Frame, Component, Vehicle EV, OHV, ATV, LSV) - Global Forecast to 2030" published by MarketsandMarkets, the Automotive seat market is estimated to grow from USD 53.7 billion in 2023 to USD 58.4 billion by 2030 at a CAGR of 1.2% over the forecast period.
- Published: March 2022
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Healthcare Facility Management Industry worth $8.3 billion by 2026, with a CAGR of 6.7%
The report "Healthcare Facility Management Market by Service, (Hard Services (Fire Protection), Construction Services (Building, Repair), Energy Services (Energy Management)), Location (On Site, Off site), Settings (Acute, Post-acute, Non-acute) - US Forecast to 2026" The Healthcare Facility Management Market-US Forecast is projected to reach USD 8.3 billion by 2026 from USD 6.0 billion in 2021, at a CAGR of 6.7% during the forecast period. The increasing investments in healthcare infrastructure and the construction of healthcare facilities in the US, rising geriatric population, growing patient volume due to the rising prevalence of chronic diseases and COVID-19, and increasing healthcare expenditure are the major factors driving the growth of the US healthcare facilities management services market.
- Published: March 2022
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Satellite Cables and Assemblies Industry worth $560 million by 2026
According to a research report "Satellite Cables and Assemblies Market by Satellite Type (Small, Medium, Large satellites), Component (Cables, Connectors), Cable type, Conductor material (Metal Alloys, Fibers), Insulation type, Conductor type and Region - Forecast to 2026" published by MarketsandMarkets, the satellite cables and assemblies market is projected to grow from USD 210 million in 2021 to USD 560 million by 2026, at a CAGR of 21.7%.
- Published: March 2022
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Greenhouse Film Market worth $8.6 billion by 2026
The report "Greenhouse Film Market by Resin Type (LDPE, LLDPE, EVA), Thickness (80 to 150 Microns, 150 to 200 Microns, More than 200 Microns), Width (4.5M, 5.5 M, 7M, 9M) and Region (APAC, Europe, North America, South America, MEA) - Global Forecast to 2026" The global greenhouse film market size is projected to grow from USD 5.9 billion in 2021 to USD 8.6 billion by 2026 at a CAGR of 7.6%. The global greenhouse film market is witnessing high growth on account of increased demand for greenhouse-cultivated crops and development in areas for greenhouse-protected cultivation.
- Published: March 2022
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Industrial Safety industry worth $8.8 billion by 2027
According to a research report "Industrial Safety Market with COVID-19 Impact Analysis by Component (Presence Sensing Safety Sensors, Safety Controllers, Programmable Safety Systems), Industry (Energy & Power, Automotive, Oil & Gas) and Region - Global Forecast to 2027" published by MarketsandMarkets, the industrial safety market is projected to grow from USD 6.3 billion in 2022 to USD 8.8 billion by 2027; it is expected to grow at a CAGR of 6.8% from 2022 to 2027. The key factors fueling the growth of the market includes the demand for industrial safety include strict mandates for safety regulations and high requirements for reliable safety systems to ensure personnel and asset protection. Moreover, growing acceptance of workplace safety standards in emerging economies and increasing usage of the Industrial Internet of Things (IIoT) are expected to create opportunities for the market in the next 5 years.
- Published: March 2022
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Integrated Microwave Assembly Industry worth $2.0 Billion by 2027
According to a research report "Integrated Microwave Assembly Market with COVID-19 Impact Analysis, by Product (Amplifiers, Frequency Synthesizers, Oscillators), Frequency, Vertical (Avionics, Communication, Military & Defense) and Geography - Global Forecast to 2027", published by MarketsandMarkets, the integrated microwave assembly market is expected to grow from USD 1.5 billion in 2022 to USD 2.0 billion by 2027; it is expected to grow at a CAGR of 6.8% during the forecast period.
- Published: March 2022
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France Precision Farming Industry to Grow at a CAGR 9.7% from 2022 to 2030
According to a research report "France Precision Farming Market by Technology (Guidance, Remote Sensing and Variable Rate Technology), Offering, Application, and Region (Americas, Europe, Asia Pacific, Rest of the World) - Global Forecast to 2030", published by MarketsandMarkets, France Precision Farming Market to Grow at a CAGR 9.7% from 2022 to 2030.
- Published: March 2022
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Germany Precision Farming Industry to Grow at a CAGR 7.5% from 2022 to 2030
According to a research report "Germany Precision Farming Market by Technology (Guidance, Remote Sensing and Variable Rate Technology), Offering, Application, and Region (Americas, Europe, Asia Pacific, Rest of the World) - Global Forecast to 2030" published by MarketsandMarkets, Germany Precision Farming Market to Grow at a CAGR 7.5% from 2022 to 2030.
- Published: March 2022
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South Korea Precision Farming Industry to Grow at a CAGR 12.3% from 2022 to 2030
According to a research report "South Korea Precision Farming Market with COVID-19 Impact Analysis by Technology (Guidance, Remote Sensing and Variable Rate Technology), Offering, Application, and Region (Americas, Europe, Asia Pacific, Rest of the World) - Global Forecast to 2030" published by MarketsandMarkets, South Korea Precision Farming Market to Grow at a CAGR 12.3% from 2022 to 2030.
- Published: March 2022
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UK Precision Farming Industry to Grow at a CAGR 9.4% from 2022 to 2030
According to a research report "UK Precision Farming Market by Technology (Guidance, Remote Sensing and Variable Rate Technology), Offering, Application, and Region (Americas, Europe, Asia Pacific, Rest of the World) - Global Forecast to 2030" published by MarketsandMarkets, UK Precision Farming Market to Grow at a CAGR 9.4% from 2022 to 2030.
- Published: March 2022
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China Precision Farming Industry to Grow at a CAGR 12.6% from 2022 to 2030
According to a research report "China Precision Farming Market by Technology (Guidance, Remote Sensing and Variable Rate Technology), Offering, Application, and Region (Americas, Europe, Asia Pacific, Rest of the World) - Global Forecast to 2030" published by MarketsandMarkets, China Precision Farming Market to Grow at a CAGR 12.6% from 2022 to 2030.
- Published: March 2022
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Japan Precision Farming Industry to Grow at a CAGR 9.9% from 2022 to 2030
According to a research report "Japan Precision Farming Market by Technology (Guidance, Remote Sensing and Variable Rate Technology), Offering, Application, and Region (Americas, Europe, Asia Pacific, Rest of the World) - Global Forecast to 2030" published by MarketsandMarkets, Japan Precision Farming Market to Grow at a CAGR 9.9% from 2022 to 2030.
- Published: March 2022
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Rare Earth Metals Recycling Market worth $422 million by 2026
According to a research report "Rare Earth Metals Recycling Market by Application (Permanent Magnets, Alloys, Polishing Materials, Glass, Catalyst, Phosphor, Ceramics, Hydrogen Storage Alloys), Technology (Hydrometallurgical, Pyrometallurgical) and Region - Global Forecasts to 2026" published by MarketsandMarkets, the global rare earth metals recycling market is estimated to be USD 248 million in 2021 and is projected to reach USD 422 million by 2026, at a CAGR of 11.2% from 2021 to 2026. Rare earth metals are considered key elements in developing technologies in the communications, electronics, automotive, and military weapon sectors. The demand for these elements is expected to increase in the near future as these are key components in emerging applications, such as green technology and electric and hybrid vehicles.
- Published: March 2022
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Crowdsourced Testing Market worth $2.5 billion by 2027
According to a research report "Crowdsourced Testing Market by Testing Type (Performance Testing, Functionality Testing, Usability Testing, Localization Testing, and Security Testing), Platform, Organization Size, Deployment Mode, Vertical and Region - Global Forecast to 2027" published by MarketsandMarkets, the Crowdsourced testing market size is expected to grow from USD 1.6 billion in 2022 to USD 2.5 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 9.4% during the forecast period. The major drivers for the crowdsourced testing include the need for scaling QA if software for enhancing customer experience, requirement for adopting cost-effective software development process, and the need to fill the in-house skill gap with crowdsourced testers during COVID -19.
- Published: March 2022
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PMMA Microspheres Market worth $410 million by 2026
The report "PMMA Microspheres Market by Application (Signs & Displays, Paints & Coatings and Printing Inks, Cosmetics, Polymers & Films, Medical) and Region (North America, Europe, Asia Pacific and Rest of the World) - Global Forecasts to 2026", is projected to reach USD 410 million by 2026, at a CAGR of 6.7% from USD 296 million in 2021.
- Published: March 2022
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Lecithin & Phospholipids Market worth $7.5 billion by 2027
According to MarketsandMarkets "Lecithin & Phospholipids Market by Source (Soy, Sunflower, Rapeseed, Egg), Type (Fluid, De-Oiled, Modified), Application (Feed, Food (Confectionery Products, Convenience Food, Baked Goods) Industrial, Healthcare), Nature & Region - Global Forecast to 2027", the Lecithin & phospholipids market size is estimated to be valued at USD 5.5 billion in 2022 and is projected to reach USD 7.5 billion by 2027, recording a CAGR of 6.3% during the forecast period in terms of value. The market is driven by shifting consumer preferences to the natural and healthy food products. Moreover, it has also witnessed that the increasing vegan and flexitarian population across the globe is promoting the plant-based and natural ingredients in food products. These consumer trends are anticipated to fuel the demand for Lecithin & phospholipids in the global market over foreseeable future.
- Published: March 2022
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Structured Cabling Industry worth $15.0 billion by 2027
The report "Structured Cabling industry with COVID-19 Impact Analysis, by Solution Type, Cable Type (Category 5E, Category 6, Category 6A), Vertical (IT & Telecommunications, Residential & Commercial, Government & Education), and Geography - Global Forecast to 2027 ", is expected to reach USD 15.0 billion by 2027 from an estimated USD 11.7 billion in 2022, at a CAGR of 5.1% from 2022 to 2027. The growth of the structured cabling market can also be attributed to the spurring communication infrastructure and rising emergency of smart cities.
- Published: March 2022
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Aircraft Electrification Industry worth $20.0 billion by 2030
The report "Aircraft Electrification Market by Technology (More Electric, Hybrid Electric, Fully Electric), Component, Application, System, Platform (Commercial, Military, Business & General Aviation, UAV, AAM) and Region - Forecast to 2030" The market for aircraft electrification is estimated to be USD 6.0 billion in 2021 and is projected to reach USD 20.0 billion by 2030, at a CAGR of 14.3% during the forecast period. The need for sustainable aviation solutions and reduction in overall weight of aircraft is driving the growth of the aircraft electrification market.
- Published: March 2022
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Magnet Wire Market worth $41.8 billion by 2026
The report "Magnet Wire Market by Type (Copper, Aluminum), Shape (Round, Rectangle, Square), Application (Motor, Home Appliance, Transformer), End-Use Industry ( Electrical& Electronics, Industrial, Transportation, Infrastructure), Region - Global Forecast to 2026" The global magnet wire market size is expected to grow from USD 32.7 billion in 2021 to USD 41.8 billion by 2026, at a CAGR of 5.0% during the forecast period. The magnet wire industry is growing due to the increase in the demand from electrical & electronics, transportation, industrial, and infrastructure industries. Furthermore, government stimulus packages, and recovering end-use industries are fuelling the demand for magnet wires across the world.
- Published: March 2022
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Endoscopic Retrograde Cholangiopancreatography/ERCP Market worth $2.0 billion by 2026
The report "Endoscopic Retrograde Cholangiopancreatography/ERCP Market by Product (Upper GI endoscopes, Stent, Balloons, Catheters, Baskets), Procedure (Biliary Sphincterotomy & Stenting, Pancreatic Sphincterotomy), End User (Hospitals) - Global Forecast to 2026" The global endoscopic retrograde cholangiopancreatography market is projected to reach USD 2.0 billion by 2026 from USD 1.3 billion in 2021, at a CAGR of 9.6% during the forecast period. The growth of this market is majorly attributed to factors such as the rising incidence of cancer, increasing investments by governments and healthcare organizations to improve endoscopy research, growing focus on investments by hospitals for advanced endoscopy instruments, and the increasing preference for minimally invasive surgeries. On the other hand, the high costs of endoscopic retrograde cholangiopancreatography devices, the development of other procedures like EUS and MRCP, and the shortage of trained physicians and endoscopists are factors expected to restrain the market growth to a certain extent.
- Published: March 2022
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Amorphous Polyethylene Terephatalate Market worth $59.1 billion by 2026
The report "Amorphous Polyethylene Terephatalate Market by Application (Bottles, Films/Sheets, Food Packaging), End-use Industry( Food & Beverage, Pharmaceutical) and Region (APAC, North America, MEA, Europe, South America) - Global Forecast to 2026", size is estimated at USD 41.4 billion in 2021 and is projected to reach USD 59.1 billion by 2026, at a CAGR of 7.4%, between 2021 and 2026. Growth in the amorphous polyethylene terephthalate market can primarily be attributed to the increasing use for packaging carbonated soft drinks (CSD), juices, and water; personal care products; and pharmaceuticals; among other products, due to superior mechanical and physical properties offered by it. It is used in various end-use industries, such as pharmaceuticals and food & beverage. The shifting of the manufacturing bases of various companies to the Asia Pacific region has also contributed to the increased demand for amorphous polyethylene terephthalate from this region, thereby fueling the growth of the global amorphous polyethylene terephthalate market.
- Published: March 2022
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Network Forensics Market worth $2.2 billion by 2027
The report "Network Forensics Market with Covid-19 Impact Analysis by Component (Solutions & Professional Services), Application (Endpoint Security & Data Center Security), Vertical, Deployment Mode, Organization Size, and Region - Global Forecast to 2027" The global post COVID-19 market size of the network forensics market is expected to grow from USD 1.3 billion in 2022 to USD 2.2 billion by 2027 at a CAGR of 11.2% during the forecast period. Increasing data thefts and cyberattacks across enterprises, increasing traffic on network systems, and increasing demand for cloud-based network forensics solutions are some of the factors that are driving the market growth. However, lack of skilled expertise, lack of infrastructure to store all the data packets are some of the factors that are expected to hinder the market growth.
- Published: March 2022
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Military Cables Industry worth $26.2 billion by 2026
According to a research report "Military Cables Market by Product (Coaxial, Ribbon, Twisted Pair), Platform (Ground, Marine, Airborne), Application, Conductor Material (Stainless Steel Alloys, Aluminum Alloys, Copper Alloys), End User, and Region - Forecast to 2026" published by MarketsandMarkets, the market for military cables is estimated to be USD 22.1 billion in 2021 and is projected to reach USD 26.2 billion by 2026, at a CAGR of 3.4% during the forecast period. The growth of this market is mainly driven by the modernization program and increasing procurement of military fleets due to growing transnational disputes to offer several untapped opportunities.
- Published: March 2022
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Face Mask Market worth $3.0 billion by 2027
The report "Face Mask Market by Nature (Disposable, Reusable), Material Type, Type (Surgical, Respirator), End-Use, Distribution Channel (Pharmacy & Drug Stores, Supermarket & Hypermarket, Specialty Stores, E-commerce) and Region - Global Forecast to 2027"The face mask market is projected to grow from USD 25.1 billion in 2022 to USD 3.0 billion by 2027, at a CAGR of -34.5% from 2022 to 2027. The market is projected to witness tremendous growth from 2018 to 2021, followed by a sharp decrease in the years till 2027. Factors contributing to the exponential growth and then decrease during the forecast period in the spread of the COVID-19 globally, and the possible decrease in the spread of the novel coronavirus after the years 2022. Other factors such as the rise in consumer awareness pertaining to the importance of face masks, and the surge in social media marketing to encourage a positive attitude towards wearing masks, are driving the demand for face masks globally.
- Published: March 2022
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Breast Reconstruction Market worth $647 million by 2026
The report "Breast Reconstruction Market Size, Growth by Product (Breast implant, Tissue Expander, Acellular Dermal Matrix), Procedure (Immediate, Delayed, Revision), Type (Unilateral, Bilateral), End User (Hospitals, Cosmetology Clinics) - Global Forecast to 2026" is projected to reach USD 647 million by 2026, at a CAGR of 2.7%.
- Published: March 2022
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Aircraft Micro Turbine Engines Industry worth $4.5 billion by 2030
According to a research report "Aircraft Micro Turbine Engines Market by End Use (OEM, Aftermarket), Platform (General Aviation, Commercial Aviation, Military Aviation, Advanced Air Mobility), Horsepower, Engine Type, Fuel Type and Region - Forecast to 2030" published by MarketsandMarkets, the Aircraft Micro Turbine Engines Market is estimated at USD 2.8 billion in 2021 and is projected to reach USD 4.5 billion by 2030, at a CAGR of 5.5% from 2021 to 2030.
- Published: March 2022
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Flat Panel Antenna Industry worth $1,440 million by 2027
According to a research report "Flat Panel Antenna Market with Covid–19 Impact by Type (Electronically Steered, Mechanically Steered), Frequency (C and X, Ku, K, Ka), End–Use Application (Aviation, Telecommunications, Military) and Region - Global Forecast to 2027" published by MarketsandMarkets, the flat panel antenna market is estimated to be valued at USD 408 million in 2022 and reach USD 1,440 million by 2027; it is expected to grow at a CAGR of 28.7% during the forecast period (2022–2027)
- Published: March 2022
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Data Science Platform Market worth $322.9 billion by 2026
According to a research report "Data Science Platform Market with COVID-19 Impact Analysis by Component (Platform & Services), Business Function (Marketing, Sales, Logistics, & Customer Support), Deployment Mode, Organization Size, Industry Vertical & Region - Global Forecast to 2026" published by MarketsandMarkets, the Data Science Platform market size is projected to grow from USD 95.3 billion in 2021 to 322.9 USD billion in 2026, at a Compound Annual Growth Rate (CAGR) of 27.7% during the forecast period. The Data Science Platform industry is driven by Astonishing growth of big data, however, Rising in adoption of cloud-based solutions, Rising application of the data science platform in various industries and Growing need to extract in-depth insights from voluminous data to gain competitive advantage.
- Published: March 2022
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Firefighting Foam Market worth $913 million by 2026
The report "Firefighting Foam Market by Type (AFFF, AR-AFFF, PF, Synthetic Detergent Foam), End-Use Industry (Oil & Gas, Aviation, Marine, Mining), Expansion, Material Type (Surfactant, Fluorosurfactant, Perfluorooctanoic Acid (PFOA)) & Region - Global Forecast to 2026" The market size of firefighting foams is estimated to grow from USD 756 million in 2021 to USD 913 million by 2026, at a CAGR of 3.8% during the forecast period.
- Published: March 2022
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Smart Sensors Industry worth $136.3 billion by 2029
According to a research report "Smart Sensors Market by Type (Temperature & Humidity Sensor, Pressure Sensor, Motion & Occupancy Sensor), Technology (CMOS, MEMS), Component (Microcontrollers, Amplifiers, Transceivers), End-User Industry and Region - Global Forecast to 2029" The smart sensors market was valued at USD 61.9 billion in 2024 and is projected to reach USD 136.3 billion by 2029; it is expected to grow at a CAGR of 17.1% from 2024 to 2029. Increasing use of smart sensors to meet Industry 4.0 requirements, surging demand for IOT-based devices and consumer electronics, and increasing demand for wireless technology to monitor and control security devices are some of the key drivers driving the growth of smart sensors Industry.
- Published: March 2022
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Concrete Repair Mortars Market worth $4.0 billion by 2026
The report "Concrete Repair Mortars Market by Type (PMC and Epoxy Based),Application Method (Hand/Trawling, Spraying,Pouring),End-use Industry (Buildings & Car parks, Road Infrastructure, Utility, Marine), Grade and Region - Global Forecast to 2026" The concrete repair mortars market is projected to grow from USD 2.6 billion in 2021 to USD 4.0 billion by 2026, at a CAGR of 8.7%. The use of concrete repair mortars strengthens the buildings and increase their life span. They also helps in saving costs for new construction in the process. In addition, governments are concerned about the deteriorating state of their infrastructure, which is expected to lead them to invest more in the market during the forecast period.
- Published: March 2022
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Encryption Software Market worth $22.1 billion by 2026
According to a research report "Encryption Software Market with COVID-19 Impact Analysis, by Component, Application (Disk Encryption, File/Folder Encryption, Communication Encryption, & Cloud Encryption), Deployment Mode, Organization Size, Vertical & Region - Global Forecast to 2026" published by MarketsandMarkets, the global Encryption software market size is expected to grow from USD 10.9 billion in 2021 to USD 22.1 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 15.2% from 2021 to 2026.
- Published: March 2022
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Environmental Testing Equipment Market worth $1.6 billion by 2027
The report "Environmental Testing Equipment Market by Product (Spectrometers (GC-MS, LC-MS), Molecular Spectroscopy, Chromatography (GC, LC)), Platform(Benchtop, Mobile), Application(Water (PFAS), Air, Soil), End User (Labs, Govt. Agencies) - Global Forecast to 2027" The global environmental testing equipment market is estimated to reach USD 1.6 billion by 2027 from USD 1.1 billion in 2022, at a CAGR of 7.6% during the forecast period Growth in the environmental testing equipment market is mainly driven by the rising levels of environmental pollution worldwide, increasing efforts from public/private organizations to raise awareness about environment protection, privatization of environmental testing and treatment services, and increasing funding on wastewater treatment projects/programs. Increasing industrial activities post COVID-19, and the growing utilization of mobile & portable systems are also expected to provide a wide range of growth opportunities for players in the market. On the other hand, high capital investments for accurate and sensitive analytical testing and inadequate supporting infrastructure coupled with the shortage of skilled professionals are factors expected to limit market growth to a certain extent in the coming years.
- Published: March 2022
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Fire-resistant Coatings Market worth $1,125 million by 2026
The report "Fire-resistant Coatings Market by Type (Intumescent Coatings, Cementitious Coatings), Technology (Solvent-borne, Water-borne), Substrates (Metal, Wood), Application Technique (Spray, Brush & Roller), Application and Region - Global Forecast to 2026" The global fire-resistant coatings market size is projected to grow from USD 975 million in 2020 and is projected to reach USD 1,125 million by 2026, at a CAGR of 3.5%. Europe accounted for the largest share of the market. It is projected to reach USD 490 million by 2026, at a CAGR of 3.0%, between 2021 and 2026. The growing building & construction sector in the region is projected to drive the market.
- Published: March 2022
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Radar Systems Industry worth $41.0 billion by 2026
The report "Radar Systems Market by Application, Platform (Air, Marine, Unmanned, Land, Space), Frequency Band, Type, Component, Range, Dimension, Technology, & Region (North America, Europe, Asia Pacific, Middle East & Africa and Latin America) - Forecast to 2026", is estimated to be USD 32.5 billion in 2021 and is projected to reach USD 41.0 billion by 2026, at a CAGR of 4.8% from 2021 to 2026. Growth of this market can be attributed to the rise in trade of radar systems, developments in the defense sector, and national security sector.
- Published: March 2022
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Hydraulic Cylinder Industry worth $18.3 billion by 2027
According to a research report "Hydraulic Cylinder Market with COVID-19 Impact, by Function (Double-acting & Single-acting), Specification (Welded, Tie Rod, Telescopic, and Mill Type), Application, Bore Size (<50 MM, 50–150 MM, & >150 MM), Industry and Region - Global Forecast to 2027" published by MarketsandMarkets, the global hydraulic cylinder market was valued at USD 14.3 billion in 2021 and is projected to reach USD 18.3 billion by 2027; it is expected to register a CAGR of 4.4% from 2022 to 2027. The markets growth can be attributed majorly to the increasing demand for heavy construction and mining vehicles from construction, mining, and oil & gas industries. Increasing adoption of material handling equipment across industries worldwide is a major booster for the growth of the market. The hydraulic cylinder market has been segmented by function, specification, bore size, application, industry, and geography. Government initiatives to revive infrastructural projects across countries have helped the demand for hydraulic cylinders to grow, owing to their increased adoption in construction and material handling industries. Increasing farm mechanization across regions, especially in APAC, and globally increasing mining exploration activities have also promoted the growth of the hydraulic cylinder market.
- Published: March 2022
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Antimicrobial Additives Market worth $5.5 billion by 2026
The report "Antimicrobial Additives Market With Covid-19 Impact Analysis by Type (Inorganic (Silver, Copper, Zinc), Organic(OBPA, DCOIT, Triclosan)), Application (Plastic, Paints & Coatings, Pulp & Paper), End-use Industry and Region - Global Forecasts to 2026" The market is projected to reach USD 5.5 billion by 2026, at a CAGR of 6.6% from USD 4.0 billion in 2021. This growth is primarily triggered by the increasing demand from the healthcare industry. APAC is the largest antimicrobial additives market due to the stringent industrial standardizations pertaining to the high growth of the end-use industries in the emerging countries such as China, India, Japan, and South Korea. The region is estimated to be the most populated in the world, which creates immense opportunity for the antimicrobial additives in packaging and food & beverage end-use industries.
- Published: February 2022
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Biocomposites Market worth $51.2 billion by 2026
The report "Biocomposites Market by Fiber Type (Wood Fiber and Non-wood Fiber), Polymer Type (Synthetic and Natural), Product (Hybrid and Green), End-use Industries (Building & Construction, Transportation, and Consumer Goods) and Region - Global Forecast to 2026" The global biocomposites market size is projected to reach USD 51.2 billion by 2026, registering a CAGR of 16.0% from 2021 to 2026. The global biocomposites market size is expected to grow from USD 24.4 billion in 2021 to USD 51.2 billion by 2026, at a CAGR of 16.0% during the forecast period. The biocomposites industry is growing due to the increase in the demand for environment friendly materials from various end-use industries such as transportation, building & construction, consumer goods, and others.
- Published: February 2022
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Smart Buildings Market worth $121.6 billion by 2026
According to a research report "Smart Buildings Market by Component (Solution (Safety and Security Management, Building Infrastructure Management, Network Management, and IWMS) and Services), Building Type (Residential, Commercial, and Industrial), and Region - Global Forecast to 2026" published by MarketsandMarkets, the Smart Buildings market size is expected to grow from USD 72.6 billion in 2021 to USD 121.6 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 10.9% during the forecast period. The major drivers for the Smart building include the rising adoption of IoT-enabled building management system, rising awareness of space utilization, increased industry standards and regulations, and increase demand for energy-efficient system.
- Published: February 2022
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South Korea Battery Energy Storage System Industry to Grow at a CAGR 29.6% from 2022 to 2027
According to the new research report "South Korea Battery Energy Storage System Market with COVID-19 Impact by Storage System, Element, Battery Type (Lithium-Ion, Flow Batteries), Connection Type (On-Grid and Off-Grid), Ownership, Energy Capacity, Application and Geography - Global Forecast to 2027" , published by MarketsandMarkets, South Korea Battery Energy Storage System Industry to Grow at a CAGR 29.6% from 2022 to 2027
- Published: February 2022
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Germany Battery Energy Storage System Industry to Grow at a CAGR 24.6% from 2022 to 2027
According to the new research report "Germany Battery Energy Storage System Market with COVID-19 Impact by Storage System, Element, Battery Type (Lithium-Ion, Flow Batteries), Connection Type (On-Grid and Off-Grid), Ownership, Energy Capacity, Application and Geography - Global Forecast to 2027" , published by MarketsandMarkets, Germany Battery Energy Storage System Industry to Grow at a CAGR 24.6% from 2022 to 2027
- Published: February 2022
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Plain Bearing Market worth $13.0 billion by 2026
The report "Plain Bearing Market by Type, End-Use Industry (Automotive, Industrial, Aerospace, Energy, Construction Machinery, Agricultural & Gardening Equipment, Oilfield Machinery, Office Products) and Region - Global Forecast to 2026" The plain bearing market is projected to reach USD 13.0 billion by 2026, at a CAGR of 5.2% between 2021 and 2026. The market is propelled by the growth of various end-use industries. There is increase in demand for plain bearings from the automobile, aerospace, construction machinery, and energy industries as plain bearings are light in weight, require less maintenance, have high load carrying capacity, high reliability and longer life, these all factors attribute for the growth of the global plain bearing market in the near future.
- Published: February 2022
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