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NGS Advanced Fibers Co., Ltd. (Japan) and UBE Corporation (Japan) are Leading Playerd in the SiC Fibers MarketThe SiC Fibers market is projected to grow from USD 0.70 billion in 2024 to USD 3.34 billion by 2031, at a CAGR of 25.0% during the forecast period. ...... Read More |
November 25, 2024 |
Market Leader - Bioresorbable Polymers MarketIn terms of value, the bioresorbable polymers market is estimated to grow from USD 500.0 million in 2024 to USD 867.2 million by 2029, at a CAGR of 11.6%. Growth in the orthopedic devices has hugely impacted the bioresorbable polymers market as the bioresorbable polymers are ideal in manufacturing of orthopedic devices due to their biocompatibility, gradual degradation and strength to support healing process. ...... Read More |
November 25, 2024 |
Civil Drones Market: Transforming Industries and Driving GrowthUnmanned Aerial Vehicles (UAVs), commonly referred to as drones, are revolutionizing various industries with their versatility, efficiency, and technological advancements. Originally developed for military applications, drones have made their way into the civil domain, becoming indispensable tools across industries such as agriculture, real estate, logistics, and emergency services. Civil drones, powered by innovative technologies, are compact, efficient, and cost-effective solutions for tasks requiring precision, speed, and accessibility. ...... Read More |
November 25, 2024 |
Automotive Speaker Companies - Panasonic Holdings Corporation (US), Bose Corporation (US), Samsung Electronics Co., Ltd. (South Korea), Alps Alpine Co., Ltd. (Japan) are the Key PlayersThe global automotive speaker market is expected to reach USD 12.92 billion in 2029 from USD 9.49 billion in 2024, at a CAGR of 6.4% during the forecast period. Automotive speakers witness rising demand as car owners seek to have better-quality audio entertainment while driving around for navigation and communication purposes. Increasingly, demand is witnessed because of the trend shift toward electric vehicles; in an EV, advanced infotainment systems and premium audio become a norm quickly. This high level of audio quality puts pressure on the manufacturers to implement good audio solutions in cars. Additionally, the governments have been incentivizing consumers and buyers to purchase an EV, indirectly increasing demand for integrated audio systems. ...... Read More |
November 19, 2024 |
Satellite-Based 5G Network Market: Global Connectivity Revolution 2023-2028The Satellite-Based 5G Network represents a transformative leap in communication technology. By integrating 5G technology with satellite networks, it delivers high-speed, low-latency connectivity, ensuring seamless communication across the globe. Unlike traditional terrestrial networks that face geographical constraints, satellite-based 5G networks excel in bridging connectivity gaps, making them an essential solution for remote and underserved regions. ...... Read More |
November 19, 2024 |
Honeywell International Inc. (US) and RTX (US) are Leading Players in the More Electric Aircraft MarketThe more electric aircraft market is projected to grow from USD 5.56 billion in 2024 and reach USD 8.01 billion by 2029, at a CAGR of 7.6% during the forecast period. ...... Read More |
November 19, 2024 |
Top Companies in Hybrid UAV Industry - Northrop Grumman (US), Thale (France), JOUAV (China), Elroy Air (US) and Elbit Systems Ltd. (Israel)The Hybrid UAV is expected to be USD 760.7 million in 2024 and is projected to be USD 1,705.0 million in 2030 at a CAGR of 14.4%. ...... Read More |
November 15, 2024 |
Aviation Cyber Security Market - Growth Opportunities, & Expanding FutureThe aviation sector has witnessed remarkable advancements in technology over recent decades, transforming it into a digitally interconnected ecosystem. While these innovations enhance operational efficiency and passenger convenience, they also expose the industry to cyber threats. Aviation cyber security has emerged as a critical domain to ensure the safety and reliability of air transportation systems in an increasingly interconnected world. ...... Read More |
November 15, 2024 |
Market Leader - Plastic Injection Molding Machine MarketIn terms of value, the plastic injection molding machine market is estimated to grow from USD 11.98 billion in 2024 to USD 14.78 billion by 2030, at a CAGR of 3.56%. Growth in the packaging industry has hugely impacted the plastic injection molding machine market. With the boost of more e-commerce, retail, and consumer products, the demand for diverse, reliable, and eco-friendly packages has increased significantly. Plastic injection molding machines are ideal for producing strong and lightweight packaging materials such as tubs, caps, closures, and containers. ...... Read More |
November 15, 2024 |
Echostar Corporation (US) and L3Harris Technologies, Inc. (US) are Leading Players in the Satellite Communication (SATCOM) Equipment MarketThe SATCOM equipment market is valued at USD 24.27 billion in 2024 and is projected to reach USD 41.51 billion by 2029, at a CAGR of 11.3% from 2024 to 2029. The increased demand for SATCOM Equipment in unmanned applications such as long-distance surveillance, environmental monitoring, and logistical operations and civil sector for emergency response, remote healthcare, and environmental monitoring, particularly in remote or underserved areas is driving the SATCOM Equipment market. ...... Read More |
November 14, 2024 |
Top Companies in Shore Power Industry - Siemens (Germany) and GE (US)The global shore power market is likely to have significant growth and can increase from USD 2.03 billion in 2024 to USD 3.58 billion by 2029 at a CAGR of 12.0% during the forecast period. Market growth in the shore power market is driven by increasing demand for reducing emissions in ports, mainly from cruise and container ships, along with the growth of environmental regulations. Renewable energy sources and energy-efficient power solutions are driving this high growth rate. North America and Europe have more shore power installations, while a high level of industrialization in the Asia-Pacific region is expected to significantly fuel growth in the market. Some of the major players are ABB (Switzerland), Siemens (Germany), Schneider Electric (France), GE (US) and Cavotec SA (Switzerland) are adopting innovative technologies and sustainable solutions to fetch emerging opportunities. These efforts are still in step with global trends, including decarbonization and green energy solutions in ports and ships. All this leads to the modernization of port infrastructure worldwide. ...... Read More |
November 14, 2024 |
Top Companies in AI in Supply Chain Industry - Kinaxis Inc. (Canada) and Manhattan Associates (US)The AI in supply chain market is projected to grow from USD 9.15 billion in 2024 and is expected to reach USD 40.53 billion by 2030, growing at a CAGR of 28.2% from 2024 to 2030. Enhancement of supply chain efficiency through data-driven decision making is one of the major drivers for the market growth. Distribution systems are subjected to enormous amounts of data from many different sources. Therefore, big data and Al technologies are becoming inextricable components of such organizations, due to a strong reliance on data that is available from the Internet of Things (IoT). These days, companies attempt to make their consumer research more profound by making use of the technological tools, such or CRM systems, product ratings, and media controversies, and make their promotion efforts more precise. ...... Read More |
November 13, 2024 |
Top Companies in Vector Control Industry - Rentokil Initial Plc (UK), Rollins Inc. (US) and Anticimex (Sweden)The vector control market is estimated at USD 21.72 billion in 2024 and is projected to reach USD 29.80 billion by 2029, at a CAGR of 6.5% from 2024 to 2029. The key growth drivers in the vector control market are the increasing prevalence of diseases that are transmitted through vectors, growing public awareness about health hazards, and government initiatives to prevent illnesses. Increasing habitats of vectors due to effects such as urbanization and climate change increase the demand for effective measures of control. Improvements in technology, including AI and IoT, provide enhancement in monitoring and control strategies. There is the increasing option of environmentally friendly pest management practices, which goes on to be considered: innovation and investments in eco-friendly vector control solutions. ...... Read More |
November 13, 2024 |
Market Leader - Phosphate MarketIn terms of value, the phosphate market is estimated to grow from USD 180.99 billion in 2024 to USD 219.74 billion by 2029, at a CAGR of 3.9%. The growing demand for agricultural fertilizers is one of the main factors propelling the phosphate market. Phosphorus is one of the three major nutrients required for plant growth, nitrogen, and potassium. As the world's population increases, there is increase in need for food production. This has accelerated the use of phosphate fertilizers to enhance the crop productivity. ...... Read More |
November 13, 2024 |
Optum, Inc. (US) and Cognizant (US) are Leading Players in the Healthcare IT MarketThe healthcare IT market is projected to reach USD 834.35 billion by 2029 from USD 420.23 billion in 2024, at a high CAGR of 14.7% during the forecast period. increasing returns on investments in healthcare IT solutions for hospitals and clinics are the main reasons for the growth of this market. As healthcare costs continue to rise, these IT solutions help improve efficiency and reduce expenses in healthcare settings and encourage the adoption of new technologies that enhance care while saving money. Moreover, the COVID-19 pandemic has really pushed the adoption of digital health tools such as e-prescribing, telehealth, and mobile health (mHealth) apps. ...... Read More |
November 13, 2024 |
Thermo Fisher Scientific Inc. (US) and Merck KGaA (Germany) are Leading Players in the Gene Editing MarketThe gene editing market is expected to reach USD 7.59 billion in 2029 from USD 4.66 billion in 2024, at a CAGR of 10.2% during the forecast period. The main factors behind the expansion of this market are demand for personalized medicine, and favorable government funding investments for gene editing projects. The expanding range of gene editing applications, spurred by technological advancements in prime editing, bridge RNA and the growing burden of congenital diseases, are also contributing to the market's expansion. ...... Read More |
November 13, 2024 |
Illumina, Inc. (US) and Thermo Fisher Scientific Inc. (US) are Leading Players in the Genomics MarketThe genomics market is expected to reach USD 66.85 billion in 2029 from USD 42.64 billion in 2024, at a CAGR of 9.4% during the forecast period. The main factors behind the expansion of this market are the increasing government funding for genomics projects, rising applications of NGS in chronic disorders, and growing applications of genomics. The genomics market is competitive with key players such as Illumina, Inc. (US), Thermo Fisher Scientific Inc. (US), Danaher Corporation (US). These players have implemented organic and inorganic growth strategies to strengthen their position in the genomics market. ...... Read More |
November 12, 2024 |
CORE Energy Recovery Solutions (Germany) and Innergy Tech Inc. (Canada) are Leading Players in the Energy Recovery Ventilator Core MarketThe global energy recovery ventilator core market is projected to grow from USD 1.01 billion in 2024 to USD 1.56 billion by 2030, at a CAGR of 7.4% from 2024 to 2030. The market's growth is driven by the increasing demand for good ventilation systems in residential and commercial projects, the rising need for good indoor air quality, and the meeting of energy-efficient standards. ...... Read More |
November 12, 2024 |
NVIDIA Corporation (US) and Insilico Medicine (US) are Leading players in the Artificial Intelligence in Drug Discovery MarketThe artificial intelligence (AI) in drug discovery market is projected to reach USD 6.89 billion by 2029 from USD 1.86 billion in 2024, at a CAGR of 29.9% from 2024 to 2029. The major factors driving the growth of artificial intelligence (AI) in drug discovery market include the increasing number of cross-industry collaborations and partnerships, the growing need to curb drug discovery and development costs, and potentially reduce the overall timeline and accelerate processes. There is a marked increase in the volume of accessible biomedical datasets, including multi-omics and chemical structures. Moreover, increasing the pipeline for AI-driven discovery for oncology and initiatives for research on rare diseases and orphan drugs also propel the growth of artificial intelligence (AI) in the drug discovery market. For instance, in September 2023, Merck KGaA (Germany) collaborated with Exscientia (UK) to leverage Merck's disease expertise in neuroinflammation and oncology, clinical development capabilities, and global footprint, in conjunction with Exscientia's Al-driven precision drug design and discovery capabilities. ...... Read More |
November 12, 2024 |
Top Companies in Autonomous Construction Equipment Industry - Deere & Company (US), CNH Industrial (UK), Caterpillar (US and Komatsu Ltd (Japan)The autonomous construction equipment market is projected to grow from USD 4.40 billion in 2024 to USD 9.77 billion by 2030 at a CAGR of 14.2%. The growth of this market can be attributed to the increase in infrastructure development and mining activities and rising automation in vineyards across the Americas and Europe. ...... Read More |
November 12, 2024 |
Linear Actuators in Driving Growth in the Global Actuators MarketThe Global Actuators Market is experiencing significant expansion, projected to grow from USD 67.7 billion in 2024 to USD 94.8 billion by 2029, with a compound annual growth rate (CAGR) of 7.0%. This growth is fueled by rapid urbanization, industrialization, and the increasing demand for automation across diverse industries. Within this thriving market, linear actuators stand out as a key component, playing a pivotal role in enhancing operational efficiency, precision, and safety. In this blog, we’ll explore what linear actuators are, how they function, and how they contribute to the larger actuators market. ...... Read More |
November 12, 2024 |
Market Leaders - Bubble Generator MarketThe bubble generators market size is projected to grow from USD 1.3 billion in 2024 to USD 1.8 billion by 2029, registering a CAGR of 6.8% during the forecast period. The problem of scarce fresh water and mounting pressure to provide sustainable water solutions and also rising demand for efficient aeration in fish farming and irrigation systems is set to propel the demand for bubble generators. Consistent with the pursuit of effective technologies needed to improve water quality and resources, there is growing attention in technologies such as nano-bubble generators as a device that makes gases dissolve better and nutrients to be delivered effectively. On the same note, improvements in nanotechnology are enabling better solutions for bubble generation, to aid broader market progression. ...... Read More |
November 12, 2024 |
Thermo Fisher Scientific Inc. (US) and Merck KGaA (Germany) are Leading players in the Synthetic Biology MarketThe global synthetic biology market is anticipated to reach USD 31.52 billion in 2029 from USD 12.33 billion in 2024, with a significant CAGR of 20.6%. The growing demand for bio-based products and the multiple applications of synthetic biology are some of the factors driving the market growth. Furthermore, the future innovations and the increasing funding in R&D, in addition to increasing collaborations is expected to drive market growth in coming years. ...... Read More |
November 11, 2024 |
Thermo Fisher Scientific Inc. (US) and Merck KGaA (Germany) are Leading Players in the Protein Expression MarketThe protein expression market is expected to reach USD 4.82 billion in 2029 from USD 3.41 billion in 2024 at a CAGR of 7.1% during the forecast period. Factors such as the rise in R&D within the pharmaceutical and biopharmaceutical industries owing to the increasing demand for biologics and the growing use of artificial intelligence and machine learning to enhance protein expression workflow, drive the growth of the protein expression market. Other factors such as the growing clinical activities outsourcing trend and an increasing shift toward personalized medicines support the growth of the protein expression market. Furthermore, advancements in synthetic protein production technologies and the growing use of recombinant proteins provide growth opportunities for companies operating in the protein expression market. However, the high cost of protein expression offerings and the dominance of small molecules in drug development are expected to restrain the growth of this market to a certain extent. ...... Read More |
November 11, 2024 |
DuPont (US) and Toray Industries Inc (Japan) are Leading Players in the Reverse Osmosis (RO) Membrane MarketThe RO membrane market is expected to grow at a CAGR of 6.5% to reach USD 5.11 billion by 2029 from USD 3.73 billion in 2024. The factors like growing water scarcity and demand from water & wastewater treatment and industrial processing are significantly driving the market growth. ...... Read More |
November 11, 2024 |
Top Companies in Generator Industry - Caterpillar (US), Cummins Inc. (US), Rolls-Royce Holdings (UK), Generac (US) and Mitsubishi Heavy Industries (Japan)The generator market is forecast to reach USD 32.98 billion by 2030 from an estimated USD 24.11 billion in 2024, at a CAGR of 5.4% during the forecast period (2024-2030). Growing demand for generators in the global market is mainly due to the ever-increasing power needs of industrialization, urbanization, and population. Rising numbers of power outages and instability in grids due to extreme weather conditions are forcing businesses and households towards having reliable backup solutions. Furthermore, data centers, healthcare, and manufacturing require uninterrupted power for their fundamental operations. Considering that renewable sources of energy, such as the sun and wind, operate on an intermittent basis, diesel and generators will always be an integral part of delivering backup power at unfavorable moments. ...... Read More |
November 8, 2024 |
Foremost Companies in the Physiotherapy Equipment Market: Enovis Corp. (US) and Zynex Inc. (US)The Physiotherapy Equipment market is projected to reach USD 9.45 billion by 2029 from USD 6.70 billion in 2024, at a CAGR of 7.1% during the forecast period. The growth in this market is seen due to increasing aging populations, rising chronic disease rates, increased incidences of sports injuries, technological advancements, rising healthcare and insurance coverage driven by expanding government initiatives and increased adoption of physiotherapy equipment's globally. ...... Read More |
November 8, 2024 |
Top Companies in Food Certification Industry - DEKRA (Germany), SGS (France), Intertek Group plc (UK), AsureQuality (New Zealand) and Bureau Veritas (France)The food certification market is estimated to be worth USD 5.85 billion in 2024 and is projected to reach USD 7.72 billion by 2029, at a CAGR of 5.7% during the forecast period. Major trends include a heightened focus on food safety, increased consumer demand for transparency through certifications like organic and non-GMO, and stricter global regulatory compliance. These factors are driving growth in the food certification market, ensuring consumer confidence and adherence to safety standards across the food supply chain.The key players in this market include DEKRA (Germany), SGS (France), Intertek Group plc (UK), AsureQuality (New Zealand), and Bureau Veritas (France), LQRA (UK), DNV (Norway), TÜV SÜD (Germany), Kiwa (Netherlands), ALS (US), UL LLC (US), EAGLE Certification Group (US), INTL Certification Limited (UK), Assurecloud (Africa) and Control Union Certifications (Netherlands). Companies are focusing on expanding their service facilities by entering into partnerships and agreements as well as development in the services to grow their businesses and their market share. Further, companies are focused on geographical expansion to tap the potential of emerging economies, and strategic acquisitions to gain a foothold over the large extent of the supply chain are the key strategies adopted by companies in the global market. For instance, DEKRA recently announced merger with Chilworth Technology Ltd. in order to extend its certification offerings in the European region. ...... Read More |
November 8, 2024 |
Top Companies in Managed Services Industry - IBM (US) and Accenture (Ireland)The managed services market is expected to grow at a Compound Annual Growth Rate (CAGR) of 6.9% during the forecast period, from USD 365.33 billion in 2024 to USD 511.03 billion by 2029. Managed services is the practice of outsourcing particular business operations or functions to third-party companies. Managed services providers (MSPs) are responsible for the day-to-day administration, monitoring, and optimization of these services, allowing enterprises to focus on their core capabilities. Managed services include various disciplines, including IT infrastructure management, cybersecurity, cloud computing, network monitoring, and data storage. ...... Read More |
November 7, 2024 |
DENTSPLY SIRONA Inc. (US) and INSTITUT STRAUMANN AG (SWITZERLAND) are Leading Players in the Periodontal Disease Treatment MarketThe Periodontal Disease Treatment market is projected to reach USD 3.63 billion by 2030 from USD 2.58 Billion in 2024, at a CAGR 5.9% from 2024 to 2030. Periodontal disease, also referred to as gum disease, is a collection of inflammatory conditions affecting the tissues surrounding the teeth. The condition often progresses from gingivitis, which refers to mild inflammation of the gums, to a more serious condition called periodontitis, which may cause untreated tooth loss. Treatment of periodontal disease varies with the degree of severity. ...... Read More |
November 7, 2024 |
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