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FSO & VLC / Li-Fi Companies -Signify Holding (Netherlands) and Acuity Brands, Inc. (US) are the Key Players

The FSO & VLC/Li-Fi market was valued at USD 2.78 billion in 2024 and is projected to reach USD 7.39 billion by 2029, growing at a CAGR of 21.6% from 2024 to 2029.

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October 28, 2024

Top Companies in Al in Finance Industry - include FIS (US), Fiserv (US), Google (US), Microsoft (US) and Zoho (India)

The global AI in Finance market is projected to register a CAGR of 30.6% during the forecast period, reaching USD 190.33 billion by 2030 from an estimated USD 38.36 billion in 2024. Major factors to boost the market growth include AI-powered algorithms enhance risk identification and mitigation, fostering safer financial practices. This approach fosters safer financial practices and supports regulatory compliance and operational efficiency, leading to more resilient financial services. AI-driven chatbots and virtual assistants enhance customer service experiences, making financial advice more accessible. These tools utilize NLP and machine learning for customer inquiries and provide instant and relevant responses 24/7. Chatbots can analyze user data to offer financial advice, helping customers make informed decisions about budgeting, saving, and investing.

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October 28, 2024

Market Leadership - Al in Biotechnology Market

The global AI in Biotechnology market is projected to reach USD 3.23 billion by 2029 from USD 7.75 billion in 2024, at a high CAGR of 19.1% during the forecast period. Increasing cross-industry collaborations and partnerships that foster innovation and resource sharing are the main reasons for the growth of this market. High penetration of AI-powered biomarker discovery for complex diseases, rising utilization of AI in digital twins for drug discovery, and AI and CRISPR-Cas9 synergy in genetic drug discovery are some of the other factors propelling market growth. However, several factors will likely restrain market growth such as fragmented global regulations for AI, lack of sufficient AI infrastructure in developing economies, and difficulties in applying ai-generated knowledge to clinical settings are some factors contributing to challenges in the market growth.

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October 28, 2024

Top Companies in Electric Scooter Motor Industry - Robert Bosch GmbH (Germany), QS Motor (China), Lucas TVS (India), Ola Electric Mobility Pvt. Ltd. (India) and MAHLE GmbH (Germany)

The electric scooter motor market is going to be about USD 416.0 million by 2024 and USD 1,201.2 million by 2030, with a CAGR of about 19.3%. The global electric scooter motor market is poised for significant growth, fueled by a confluence of factors. The rapid urbanization, rising environmental awareness, and government initiatives are fueling significant demand for electric scooter motors. Countries like China, India, and Japan are leading the charge, with local manufacturers and international players alike investing in innovative motor technologies to cater to the growing consumer base. European countries such as Germany, France, and the Netherlands are implementing policies that encourage the adoption of electric two-wheelers which in turn drives the market for electric scooter motor in Europe region. The presence of major automotive manufacturers and technology companies investing in electric scooter motor development such as Linear Labs (US) and Enedym (Canada), are driving innovation and market growth. Additionally, innovation continues to play a crucial role. Manufacturers are heavily invested in sresearch and development (R&D) aimed at improving motor technology. This translates to extended range, faster and lower costs. Efforts are also underway to find alternative materials for manufacturing electric two-wheelers motor, ultimately driving down production costs and making these motor more price-competitive with their gasoline counterparts.

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October 25, 2024

Surface Radars Companies - RTX (US) and BAE Systems (UK) are the Key Players

The surface radars market is projected to reach USD 22.49 billion by 2029, from USD 17.26 billion in 2024, at a CAGR of 5.4%. The volume of surface radars is projected to grow from 4690 (in Units) in 2024 to 6113 (in Units) by 2029. Many countries are allocating larger portions of their defense budgets to radar systems due to the rising demand for border security, early warning systems, and coastal surveillance. This is particularly evident in regions like North America, Europe, and Asia-Pacific.

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October 25, 2024

Neuromorphic Computing Companies - Intel Corporation (US) and IBM (US) are the Key Players

The global neuromorphic computing market is expected to be valued at USD 28.5 million in 2024 and is projected to reach USD 1,325.2 million by 2030 and grow at a CAGR of 89.7% from 2024 to 2030.  Intel Corporation (US), IBM (US), Qualcomm Technologies, Inc. (US), Samsung Electronics Co., Ltd. (South Korea), and Sony Corporation (Japan) are the major players in the neuromorphic computing market. Market participants have become more varied with their offerings, expanding their global reach through strategic growth approaches like launching new products, collaborations, establishing alliances, and forging partnerships.

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October 25, 2024

Alberdingk Boley GmbH (Germany) and Covestro AG (Germany) are Leading Players in the UV-Curable Resins Market

The UV-curable resins market is projected to grow from USD 6.48 billion in 2024 to USD 9.31 billion by 2029, at a CAGR of 7.5% during the forecast period.

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October 25, 2024

Market Leaders - Biodegradable Plastics Market

The biodegradable plastics market size is projected to grow from USD 12.92 billion in 2024 to USD 33.52 billion by 2029, registering a CAGR of 21.3% during the forecast period. The global demand for biodegradable plastics is on the rise due to expanding applications in end use industries, particularly in emerging economies. Moreover, the escalating use of biodegradable plastics in end use industries like packaging, consumer goods, textiles, agriculture & horticulture and others increases the need for biodegradable plastics.

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October 25, 2024

Level Sensor Companies - ABB (Switzerland) and AMETEK (US) are the Key Players

The global level sensor market is expected to rise to USD 7.64 billion by 2029 from USD 5.56 billion in 2024, exhibiting a CAGR of 6.5%. This growth is mainly driven by the increased adoption of automation across various industries, like manufacturing, oil and gas, and food and beverage, in which the measurement of the level at precise points ensures efficiency and safety. Technological advancements, such as the development of smart sensors with IoT capabilities, improve the function and reliability of level sensors, monitoring and analyzing the system in real-time. Moreover, some of the favorable government policies related to industrial automation and regulations regarding safety will further boost market adoption rates.

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October 24, 2024

GEA Group (Germany) and ATS Corporation (US) are Leading Players in the Pharmaceutical Drying Equipment Market

The pharmaceutical drying equipment market is projected to reach USD 8.18 billion by 2029 from USD 5.80 Billion in 2024, at a CAGR 7.1% from 2024 to 2029.

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October 24, 2024

Top Companies in Microencapsulation Industry - BASF (Germany), FrieslandCampina (Netherlands) and International Flavors & Fragrances Inc. (US)

The microencapsulation market is estimated at USD 15.38 billion in 2024 and is projected to reach USD 24.07 billion by 2029, at a CAGR of 9.4% from 2024 to 2029. This microencapsulation market is growing because of its significant role in raising the performance of goods across industries, such as pharmaceuticals, foods, and agriculture. More importantly, within the pharmaceutical industry, microencapsulation has the capacity for controlled delivery of drugs so that the efficacy of drugs would be improved and side effects reduced by virtually advanced treatments. Likewise, in the food sector, it protects against sensitive ingredients, such as probiotics and vitamins, from degradation, providing longer shelf life and controlled release. The use of microencapsulation in agriculture fosters the enhancement of fertilizer and pesticide efficacy by gradual release of active compounds into the environment, decreasing environmental impact and at the same time ensuring a higher crop yield. These targeted applications are thus contributing to the growth in the market since businesses seek better product formulations.

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October 24, 2024

Top Companies in AI Training Dataset Industry - Google (US), Microsoft (US) and Appen (Australia)

The global market for AI training dataset is anticipated to grow at a compound annual growth rate (CAGR) of 27.7% over the course of the forecast period, from an estimated USD 2.82 billion in 2024 to USD 9.58 billion by 2029. The demand for top-tier data to back machine learning models is driving the growth of the AI training datasets market. With the rise of AI in sectors like healthcare, finance, and autonomous systems, there is a growing need for diverse labeled datasets. Businesses are heavily investing in creating and structuring specialized datasets using crowdsourcing, creating synthetic data, and utilizing data annotation tools. The growth has been further accelerated by AI-driven automation and customized services. Privacy laws are having a significant impact on the rise of ethical data gathering and datasets that comply with privacy regulations.

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October 24, 2024

Industrial Cybersecurity Companies - IBM (US) and Microsoft (US) are the Key Players

The industrial cybersecurity market is expected to grow from USD 84.54 billion in 2024 to reach USD 135.11 billion by 2029, growing at a CAGR of 9.8% from 2024 to 2029. The growing deployment of AI/Gen AI in cybersecurity solutions such as predictive analysis and AI-driven threat detection, increasing demand from critical infrastructure applications such as healthcare, and significantly rising cybercrime rates across the globe are some of the major factors fueling market expansion.

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October 23, 2024

Market Leader - Coating Additives Market

In terms of value, the coating additives market is estimated to grow from USD 8.72 billion in 2024 to USD 11.04 billion by 2029, at a CAGR of 4.8%. Coating additives market have grown as the demand for water-borne products is growing, increasing infrastructural projects and urbanization, Growing focus on high-performance additives, increasing need for bio-based additives, and monting demand for corrosion protection. These factors drive the coating additives market. Also, the coating additives manufacturers has opportunity from mounting demand for additives from building & construction sector and growing automotive & aerospace industry. Along with the drivers and opportunities, fluctuations in raw material prices is the major restraint for the market growth.

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October 23, 2024

Rocket and Missile Companies - Lockheed Martin Corporation (US) and RTX (US) are the Key Players

The rocket and missile market is projected to reach USD 85.22 billion by 2029, from USD 62.50 billion in 2024, at a CAGR of 6.4%. The growth of the rockets and missiles market is driven by several factors, including increasing defense programs aimed at enhancing the country security against threats. There is a surge in demand for missiles and rockets due to ongoing conflicts, along with rising global defense expenditure. Additionally, the development of missile defense systems and the nature of warfare contribute to this market expansion, as governments attempt to improve their military capabilities and preparation.

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October 23, 2024

European Smart Home Companies - Johnson Controls Inc. (Ireland) and Honeywell International Inc. (US) are the Key Players

The European smart home market was valued at USD 22.11 billion in 2024 and is projected to reach USD 29.24 billion by 2029; it is expected to register a CAGR of 5.7% during the forecast period. Rising need for energy saving and low carbon emission-oriented solutions, ongoing proliferation of smartphones and smart gadgets surging importance of home monitoring, increasing safety, security, and convenience offered by smart home products are driving need for them are attributed to the ever-increasing demand. 

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October 22, 2024

EMC Filtration Companies - TDK Corporation (Japan) and Delta Electronics, Inc. (Taiwan) are the Key Players

The EMC filtration market is expected to reach USD 1.58 billion by 2029 from USD 1.24 billion in 2024, at a CAGR of 5.0% during the 2024-2029 period.

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October 22, 2024

AI PC Companies - Apple Inc. (US) and Dell Inc. (US) are the Key Players

The AI PC  market is projected to grow from USD 50.61 billion in 2024 to USD 231.30 billion by 2030, growing at a CAGR of 28.82% during the forecast period. Rising demand for edge computing, is driving the demand for AI PCs, AI-powered PCs enable edge computing, allowing data to be processed locally rather than being sent to the cloud. This is critical for applications requiring low latency, such as real-time analytics, gaming, and immersive AR/VR experiences. Processing sensitive data locally on AI-powered PCs helps enhance security and privacy, which is important for businesses and individual consumers.

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October 22, 2024

Novo Nordisk A/S (Denmark) and AbbVie Inc. (US) are Leading Players in the Oral Proteins & Peptides Market

The global Oral proteins and peptides market is projected to reach USD 7.38 billion in 2024 will increase to USD 20.36 billion by 2029, with a compound annual growth rate (CAGR) of 22.5% from 2024 to 2029. The growth of oral proteins and peptides market ascribed to major factors such as  increasing  prevalcne of chronic diseases like diabetes, CNS disroders and advancement in drug delivery technologies. On the other hand, high cost is associated with drug development and stringent regulatory approval process are projected to impede market growth.

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October 22, 2024

Smart Home Market Research Report: 2024 Overview

Executive Summary

The Smart Home Market is rapidly evolving, driven by the growing adoption of connected devices and automation technologies for convenience, security, and energy management. This report provides a detailed analysis of the Smart Home market, including its size, growth trends, key players, market segmentation, and technological landscape, with a forecast period extending to 2029.

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October 21, 2024

Smart Glasses Market Research Report: 2024 Overview

Executive Summary

The Smart Glasses Market is gaining momentum as consumer demand for hands-free, immersive, and connected experiences grows. This report provides a comprehensive analysis of the Smart Glasses market, including market size, share, growth trends, key players, and technological innovations, with a forecast extending to 2029.

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October 21, 2024

Immersive VR Market Research Report: 2024 Overview

Executive Summary

The Immersive VR (Virtual Reality) market is growing rapidly as VR technologies expand beyond gaming into sectors such as healthcare, education, training, and entertainment. This report explores the market landscape, covering key technologies, growth drivers, regional analysis, and emerging trends from 2024 to 2029.

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October 21, 2024

Contemporary Amperex Technology Co., Limited (Brunp Recycling) (China) and Cirba Solutions (US) are Leading Players in the Black Mass Recycling Market

The global black mass recycling market is projected to grow from USD 14.41 billion in 2024 to USD 51.70 billion by 2032, at a CAGR of 17.3% during the forecast period. One major factor propelling the growth of the black mass recycling market is the rising demand for electric cars, or EVs. The manufacturing and disposal of lithium-ion batteries, which are essential parts of electric vehicles, are increasing along with the global use of EVs. Black mass recycling can be used to recover precious materials from these batteries, including manganese, cobalt, nickel, and lithium. In order to meet the growing demand for EV batteries while lowering reliance on newly mined raw materials, recycling these materials is crucial given the growing push for resource efficiency and sustainable energy solutions. Furthermore, governments and manufacturers are putting more and more effort into developing closed-loop supply chains, which minimize production costs and the environmental impact of battery production by reusing battery components. The amount of end-of-life batteries will increase as the EV market grows, which will increase need for black mass recycling procedures to recover essential elements and assist the EV industry's expansion. It is anticipated that this dynamic will play a major role in the battery industry's circular economy's expansion.

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October 21, 2024

H.B. Fuller Company (US) and Parker-Hannifin Corporation (US) are Leading Players in the PCB Encapsulation Market

The PCB encapsulation market is projected to reach USD 5.59 billion by 2029, at a CAGR of 8.8% from USD 3.67 billion in 2024. The PCB encapsulation market is propelled by the increasing complexity and miniaturization of electronic devices, which demand robust protection for circuit boards. Growth in consumer electronics, automotive electronics, and telecommunications fuels this demand, especially with the rise of IoT and smart devices. The shift towards electric vehicles and renewable energy systems further boosts the need for durable PCB protection solutions. Stringent regulatory standards and environmental norms also drive market growth, encouraging the development of high-performance, eco-friendly adhesives.

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October 21, 2024

5G Chipsets Market Research Report: 2024 Overview

Executive Summary

One of the biggest drivers of the 5G chipset market is the high use of M2M communication technology. As industries adopt more automation, 5G’s ability to manage billions of connected nodes with low latency is essential for M2M and IoT devices to operate seamlessly. This technology is particularly crucial for industries like manufacturing, where efficiency and reduced human interference are paramount.

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October 21, 2024

Industrial Valves Market Research Report: 2024 Overview

Executive Summary

The industrial valves market is poised for significant growth in 2024, driven by increasing investments in infrastructure, rising demand from key industries like oil and gas, water and wastewater management, chemicals, and energy, and advancements in valve technology. This report provides a detailed analysis of the market’s key drivers, emerging trends, competitive landscape, and growth prospects.

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October 21, 2024

Automotive IoT Market Research Report: 2024 Overview

Executive Summary

The automotive industry is undergoing a significant transformation driven by the rise of the Internet of Things (IoT), which is revolutionizing how vehicles interact with their environment and how drivers experience mobility. The Automotive IoT market is set for rapid growth in 2024, with advances in connectivity, automation, and smart technology reshaping the future of transportation.

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October 21, 2024

Service Robotics Market Research Report: 2024 Overview

Executive Summary

The service robotics market is evolving rapidly, driven by advancements in artificial intelligence (AI), automation, and sensor technologies. As industries and consumers increasingly seek automation to enhance efficiency and safety, service robotics are becoming a critical tool across sectors ranging from logistics and healthcare to education and entertainment. The "Service Robotics Market Research Report: 2024 Overview" provides a detailed analysis of the market's current state, major trends, and projections through to 2028.

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October 21, 2024

Dark Fiber Market Research Report: 2024 Overview

Executive Summary

The dark fiber market is witnessing substantial growth as demand for high-speed, scalable, and secure network infrastructure continues to rise across various industries. Dark fiber, which refers to unused optical fiber infrastructure, is increasingly being leased or bought by enterprises and telecom providers to meet the growing data transmission needs driven by the expansion of cloud computing, 5G networks, and the Internet of Things (IoT). This report provides a detailed analysis of the dark fiber market size, share, industry trends, and growth projections.

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October 21, 2024

Digital Signage Market Research Report: 2024 Overview

Executive Summary

The digital signage market is experiencing robust growth, driven by the increasing need for dynamic and interactive advertising, advancements in display technologies, and the growing adoption across sectors such as retail, transportation, healthcare, and education. Digital signage is a powerful medium for communicating information visually, utilizing electronic screens and interactive platforms. This report provides a detailed analysis of the market size, share, trends, and forecasts.

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October 21, 2024

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