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Press Releases from MarketsandMarkets (7469 total)

Key Market Dynamics in Magnetic Sensor

The Magnetic Sensor Market was valued at USD 2.94 billion in 2016 and is projected to reach USD 5.37 billion by 2023, at a CAGR of 8.77% between 2017 and 2023, as per a report by MarketsandMarkets. https://www.marketsandmarkets.com/Market-Reports/magnetic-field-sensors-market-521.html Why need for magnetic sensors in UAVs is an opportunity? Sensors allow a UAV to gather information about its environment. This information can be used to guide the UAV to take actions. The more…

Bluetooth Smart and Smart Ready Market and its Key Opportunities and Challenges

The global Bluetooth Smart and Smart Ready Market was valued at USD 4.55 billion in 2016 and is estimated to reach USD 5.34 billion by 2023, at a CAGR of 2.23% during the forecast period, as per a report by MarketsandMarkets. How use of Bluetooth Smart and Smart Ready in state-of-the-art technologies present an opportunity? IoT is driving investment in new technologies and manufacturing systems as companies are trying to capitalize…

Key Market Dynamics in Wireless Sensor Network

The wireless sensor network market was valued at USD 29.06 billion in 2016 and is projected to reach USD 93.86 billion by 2023; it is expected to grow at a CAGR of 18.55% during 2017-2023. https://www.marketsandmarkets.com/Market-Reports/wireless-sensor-networks-market-445.html Why growing adoption of smart technologies and distributed applications will create opportunities for players in the wireless sensor network market? The rising adoption of smart technologies, including smart cities and smart connected solutions, has created new…

Electric Powertrain Market: Moving Towards a Brighter Future

The report "Electric Powertrain Market by Component (Motor, 12V, HV/48V Battery, BMS, 48V ISG, Controller, PDM, DC/AC Inverter, DC/DC Converter & Others), Type (BEV, MHEV, Series, Parallel & Parallel-Series), Vehicle Type, and Region - Global Forecast to 2027" The global electric powertrain market size is projected to reach USD 191.4 billion by 2027 from an estimated USD 62.9 billion in 2019, at a CAGR of 14.9% The growth of the…

Field-Erected Cooling Tower Market Insights and Growth Prediction 2017 to 2022 | …

According to the new market research report "Field-Erected Cooling Tower Market by Type (Wet, Dry, and Hybrid), Design (Natural, Forced, and Induced), End-User (Power Generation, Petrochemical and Oil & Gas, Iron & Steel and Metallurgy, Paper Mills), and Region - Global Forecasts to 2022", the global field-erected cooling tower market is expected to grow at a CAGR of 3.78%, from 2017 to 2022, to reach a market size of USD…

Synchronous Condenser Market Analysis 2019 to 2024 by Top Key players as Siemens …

According to the new market research report "Synchronous Condenser Market by Cooling Type (Hydrogen, Air, Water), Reactive Power Rating (Up to 100 MVAr, 100-200 MVAr, Above 200 MVAr), Type, Starting Method (Static Frequency Converter, Pony Motor), End-User, and Region - Global Forecast to 2024", published by MarketsandMarkets(TM), the global Synchronous Condenser Market is projected to reach USD 606 million by 2024 from an estimated USD 549 million in 2019, at…

IoT in Chemical Industry Market worth $77.9 billion by 2024 | Key Players includ …

According to recent market research "IoT in Chemical Industry Market by Technology Type (Enabling Technology and Operational Technology), Chemical Verticals (Mining & Metals, Food & Beverages, Chemicals, Pharmaceuticals, Paper & Pulp), Region - Global Forecast to 2024", The IoT in Chemical Industry market is projected to reach USD 79.9 billion by 2024, at a CAGR of 9.7% from USD 48.9 billion in 2019. Browse 69 Market Data Tables and 61 Figures…

Solid State Drives Market and its Key Opportunities and Challenges

The overall solid state drives market was valued at USD 17.43 billion in 2016 and is expected to reach USD 60.22 billion by 2023, at a CAGR of 14.68% during 2017-2023 as per a report by MarketsandMarkets. How is the adoption of SSDs in tablets and notebooks creating opportunities in the solid state drive market? The main usage of SSDs is in computers; however, hard drives have been dominating in this…

Smart Glass Market and its Key Opportunities and Challenges

The global smart glass market is expected to reach USD 8.35 billion by 2023 from USD 2.80 billion in 2016, at a CAGR of 16.61% from 2017 to 2023, as per a report by MarketsandMarkets. How is the demand for energy-efficient products creating opportunities in the market? Poorly insulated windows account for 10%-30% of the heat loss of a building during winter. The majority of buildings utilize double-, triple- or quadruple-paned…

Key Opportunities and Challenges for Next-generation Memory Market

The next-generation memory market is projected to grow from USD 2.35 billion in 2017 to USD 9.68 billion by 2023, at a CAGR of 26.54% between 2017 and 2023. How growing use of nonvolatile memory in smartphones acts as an opportunity for the next-generation memory market? Consumer electronics is an important application of nonvolatile memory technology. High-capacity memory solutions are required in various consumer electronic applications such as smartphones, tablets, digital cameras,…

Interactive Kiosk market and its key opportunities and challenges

The global interactive kiosk market is projected to be valued at USD 30.53 billion by 2023, at a CAGR of 5.69% during 2017-2023, as per a report by MarketsandMarkets. How is the integration of intelligent personal assistant and knowledge navigator technology creating opportunities in the market? Interactive kiosks are being integrated with various technologies that have enhanced their application in different industries such as entertainment, education, and transport, along with the…

Global Automotive Interior Market Boom in Near Future!

The Automotive Interior Market is projected to grow at a CAGR of 5.06% from USD 235.59 billion in 2017 to USD 301.56 billion by 2022. An increase in demand for premium segment vehicles with advanced styling and rising demand for cabin comfort and convenience led to the growth of the automotive interior market. The automotive interior ecosystem consists of component manufacturers such as Lear Corporation (U.S.), Magna International, Inc. (Canada), Faurecia…

Ring Main Unit Market Fastest Growth Segment with Top Key Players ABB, Ltd. , Sc …

According to the new market research report "Ring Main Unit Market by Type (Gas, Air, Oil, and Solid Dielectric), Installation (Outdoor and Indoor), Application (Distribution Utilities, Industries, and Infrastructure & Transportation), and by Region - Global Forecast to 2022" The global ring main unit market is projected to grow at a CAGR of 8.35% from 2017 to 2022. In 2016, Asia-Pacific was estimated to be the largest market for ring…

Microcrystalline Cellulose (MCC) Market | Key players operating in the market in …

According to recent market research "Microcrystalline Cellulose (MCC) Market by Application (Food & Beverage, Pharmaceutical, Cosmetics & Personal Care), Raw Material Source (Wood-based, Non-wood - based), and Region (North America, Europe, APAC, RoW) - Global Forecasts to 2024", The MCC market is projected to grow from USD 938 million in 2019 to USD 1,315 million by 2024, at a CAGR of 7.0%, between 2019 and 2024. The growth of the…

Directional Drilling Services Market Upcoming Trend by Worldwide Industry Growth …

The Directional Drilling Services Market is expected to grow from an estimated USD 8.33 Billion in 2016 to USD 10.30 Billion by 2021, at a CAGR of 4.34% from 2016 to 2021. Increasing demand for energy due to urbanization & industrialization, ongoing shale gas revolution and new oilfield discoveries are the major factors driving the market for directional drilling across the globe. Directional drilling is the practice of controlling the trajectory…

Key Opportunities and Challenges in the Military Robots Market

The military robots market is projected to grow from USD 16.79 billion in 2017 to USD 30.83 billion by 2022, at a CAGR of 12.92% during the forecast period. https://www.marketsandmarkets.com/Market-Reports/military-robots-market-245516013.html Improvement in intelligence, surveillance, reconnaissance, and target acquisition through utilization of robots The need for better monitoring is of utmost importance, especially with the rising number of threats globally. Every day, a large number of unlawful activities take place via sea and land.…

Interactive Display Market and its key opportunities and challenges

The global interactive display market is expected to grow from USD 9.7 billion in 2019 to USD 13.8 billion by 2024, at a CAGR of 7.2% as per a new report by MarketsandMarkets. https://www.marketsandmarkets.com/Market-Reports/interactive-display-market-36223528%20.html How integration of artificial intelligence in interactive whiteboards to propel new opportunities in this market? Due to rapid advancements in technology, companies focus on innovation to provide variety and additional features in products. Researchers associated with different companies…

Key Developments in Inertial Measurement Unit

The inertial measurement unit market is projected to grow from USD 15.71 Billion in 2016 to USD 21.74 Billion by 2022, at a CAGR of 5.72% during the forecast period. The base year considered for the study is 2016, and the forecast period is from 2017 to 2022. Report Details : - https://www.marketsandmarkets.com/Market-Reports/inertial-measurement-unit-market-148851976.html Increasing demand for aircraft The increase in new aircraft orders across the globe is one of the key factors driving…

Top Driving Factors of Forage Seeds Market with leading Key Players - Dow AgroSc …

The forage seeds market is estimated at USD 9,913.5 million in 2016 and is projected to reach USD 17,377.2 million by 2022, growing at a CAGR of 9.81% during the forecast period. Increase in demand for quality feed products and growth in livestock populations are resulting in the growth of forage seeds market. Forage seeds provide essential protein, fiber, and energy to the livestock, which results in increased yield and…

Nutritional Analysis Market Will Hit Big Revenues In Future | Key Players are Eu …

The nutritional analysis market is estimated to be valued at USD 4.04 Billion in 2017, and is projected to reach USD 5.99 Billion by 2022, at a CAGR of 8.2% from 2017 to 2022. Nutrition analysis refers to the process of determining the nutritional content of food. Nutritional analysis involves two ways to calculate the nutritional content of a food sample; chemically, and by calculation. Nutritional analysis has been increasing…

Meat Processing Equipment Market to Showcase Continued Growth in the Coming Year …

The meat processing equipment market is projected to grow from USD 6.8 billion in 2019 to USD 9.7 billion by 2026, recording a CAGR of 5.2% during the forecast period. This is attributed to the growing consumption of processed meat among consumers, premiumization in meat products, and rising food safety requirement. DownloadPDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1253 The grinding equipment segment is estimated to account for the largest market share in 2019 in the meat…

Pet Food Processing Market to See Major Growth by 2026 |Key Players: Buhler Hold …

Pet food is a high-grade animal food for consumption among pets, and its quality is at par with the one that is fit for human consumption and traditional feed. Pet food processing is involved in all the stages where various equipment and labor are involved in the production of final products (pet food), and these are used for consumption by pets. MarketsandMarkets projects that the global pet food processing market is…

Automotive Window and Exterior Sealing Systems Market - Global forecast to 2021

The automotive window and exterior sealing systems market, in terms of value, is projected to grow at a CAGR of 7.07% from 2016 to 2021. The market is estimated to be USD 18.26 Billion in 2016 and is projected to reach USD 25.69 Billion by 2021. This increase is triggered by various factors which cover various aspects, like the need for transportation ignited by an increase in urbanization which leads…

Cables and Accessories Market is Projected to Reach $158.25 Billion by 2022 | Le …

According to recent market research "Cables and Accessories Market by Voltage (Low, Medium, High), LV by Installation (Overhead (Conductors, Accessories), Underground (PVC, XLPE, Terminations, and Joints)), LV by End-User (Industrial, Renewables), and Region - Global Forecast to 2022", The global cables and accessories market is estimated to reach USD 121.63 Billion in 2017, and is further projected to reach USD 158.25 Billion by 2022 growing at a CAGR of 5.40%.…

White Spirit Market worth $8.1 billion by 2024 | Key Players include Royal Dutch …

According to recent market research "White Spirit Market by Type (Type 0, Type 1, Type 2, Type 3), Flash Point, Application (Thinner & Solvent, Fuels, Cleaning Agent, Degreasing Agent), Region (North America, Europe, APAC, Middle East & Africa, South America ) - Global Forecast to 2024", The white spirit market size is estimated to be USD 6.7 billion in 2019 and projected to reach USD 8.1 billion by 2024, at…

Laminated Busbar Market Outlook 2022: Global Opportunity & Growth Analysis

The laminated busbar market was valued at USD 723.6 million in 2016 and is expected to grow at a CAGR of 6.21%, from 2017 to 2022, to reach a projected USD 1,004.5 million by 2022 as per a report by MarketsandMarkets. The market is set to grow due to the increasing demand for electric vehicles and hybrid electric vehicles to reduce pollution in tier 1 and tier 2 cities around…

Extensive Opportunities in Automotive Paints Market

The Global Automotive Paints Market is estimated to be USD 8.46 Billion in 2017 and is projected to reach USD 10.65 Billion by 2025, at a CAGR of 2.88%, during the forecast period. The automotive paints industry has evolved along with the automotive industry. The demand for automotive paints and advancements in the paint technology are largely influenced by factors such as the demand trends in the automotive industry, environmental…

Key Market Dynamics in Hermetic Packaging

The hermetic packaging market is projected to reach USD 4,516 million by 2023 from an estimation of USD 3,250 million in 2017, at a CAGR of 6.8%. https://www.marketsandmarkets.com/Market-Reports/hermetic-packaging-market-18037377.html How is rising demand from APAC countries for hermetically packaged components and ICs for myriad applications creating opportunity? In APAC, China and India are the fastest-growing countries, while technologically advanced countries such as Malaysia, Taiwan, and South Korea have dynamic markets. According to a…

Major Trends in Gallium Nitride Semiconductor Device

The gallium nitride semiconductor device market is expected to reach USD 22.47 billion by 2023 from USD 16.50 billion in 2016, at a CAGR of 4.6% from 2017 to 2023. https://www.marketsandmarkets.com/Market-Reports/gallium-nitride-gan-semiconductor-materials-devices-market-698.html How is the potential use of GaN in 5G infrastructure expected to act as an opportunity for the market? With the commercial launch of 5G by 2021, several major countries such as the US, Japan, South Korea, the UK, Germany, and…

Gas Engines Market to Reach $5.3 Billion by 2024 - Latest Report by MarketsandMa …

According to the new market research report "Gas Engines Market by Fuel Type (Natural Gas, Special Gas) Application (Power Generation, Cogeneration, Mechanical Drive) End-User (Utilities, Manufacturing, Oil & Gas) Power Output (0.5-1MW, 1-2MW, 2-5MW, 5-10 MW, 10-20MW), Region - Global Forecast to 2024" published by MarketsandMarkets(TM), the global Gas Engines Market size is expected to grow from an estimated USD 4.0 billion in 2019 to USD 5.3 billion by 2024,…

Key Developments in Battlefield Management Systems

The battlefield management system market is projected to grow from USD 13.25 billion in 2016 to USD 17.14 billion by 2021, at a CAGR of 5.28% from 2016 to 2021. https://www.marketsandmarkets.com/Market-Reports/battlefield-management-systems-market-165590884.html Need for enhanced situational awareness Situational awareness helps to identify, process, and comprehend critical elements of information regarding the activity of the team specific to a battlefield. It is important for correlating enemy movements and hidden information to take strategic initiatives.…

PU sole (Footwear Polyurethane) Market | Key players operating in the market inc …

According to recent market research "PU sole (Footwear Polyurethane) Market by Raw Material (Methylene Diphenyl Diisocyanate, Toluene Diphenyl Diisocyanate, and Polyols), Application ( Casuals, Boots, Slippers & Sandals, Sports and Formals), and Region - Global Forecast to 2024", The PU sole (footwear polyurethane) market size is estimated to be USD 4.2 billion in 2019 and projected to reach USD 5.9 billion, by 2024, at a CAGR of 7.6%. The use of…

Babcock & Wilcox (US) and Eaton (Republic of Ireland) are the Renowned Players i …

According to recent research "Bag Filter Market by Type (Pulse Jet, Shaker, Reverse Air), Media (Woven, Non-Woven), Fluid Type (Air, Liquid), Applications (Power Generation, Cement, Mining, Chemical, and Municipal), and Region - Global Forecast to 2023", The global bag filter market is expected to grow from an estimated USD 7.8 billion in 2018 to USD 10.2 billion by 2023, at a CAGR of 5.54%. The growth of this market is…

Factors Driving the Microbiological Testing of Water Market | Key Players are Bi …

The global market for microbiological testing of water has grown exponentially in the last few years. The market size is projected to reach USD 1.59 Billion by 2022, growing at a CAGR of around 7.0% from 2017 to 2022. Emerging countries such as India, China, Japan, Brazil, and Argentina are the primary targets of the industry. Factors such as increase in microbial contamination in water reservoirs due to increased urban…

GMO Testing Market Research Report Analysis and Forecast to 2022 | Key Players a …

The report "GMO Testing Market by Trait (Stacked, Herbicide Tolerance, Insect Resistance), Technology (Polymerase Chain Reaction, Immunoassay), Crop Tested, Processed Food Tested, and Region - Global Forecast to 2022", The GMO testing market is estimated to be valued at USD 1.58 Billion in 2017. It is projected to grow at a CAGR of 8.2% from 2017 to 2022, to reach 2.34 Billion by 2022. The base year considered for the…

Insecticide Seed Treatment Market Research Report Analysis And Forecasts to 2022 …

The insecticide seed treatment market is projected to grow at a CAGR of 11.3% from 2017, to reach a projected value of USD 5.04 billion by 2022. The increase in usage of seed treatment solutions on high-priced GM seeds, growth in the area under GM crops, increase in crop demand for biofuel and feed, and the use of insecticides as a low-cost crop protection solution are enhancing the market for…

Dry Milling Market - Industry Analysis, Size, Share, Strategies and Forecast to …

The report "Dry Milling Market for Corn by End Product (Ethanol, DDGS, Corn Grits, Cornmeal, and Corn Flour), Application (Fuel, Food, and Feed), Source (Yellow Corn and White Corn), and Region - Global Forecast to 2022", The global dry milling market for corn is estimated to be valued at USD 67.73 Billion in 2017. This market is projected to reach USD 88.61 Billion by 2022, growing at a CAGR of…

Seed Treatment Fungicides Market Revenue, Opportunities, Segment, and Key Trends …

The seed treatment fungicides market is projected to grow at a CAGR of 9.24% from 2017, to reach a projected value of USD 1.88 Billion by 2022. Increasing usage of seed treatment solutions on expensive GM seeds, growth in the area under GM crops, increasing crop demand for biofuel and feed, and the use of fungicides as a low-cost crop protection solution are enhancing the market for seed treatment fungicides,…

Key Emerging Trends in Energy Efficient Motor

The Energy Efficient Motor Market was valued at USD 28.46 Billion in 2017 and is expected to reach USD 41.57 Billion by 2023, at a CAGR of 6.5% between 2018 and 2023, as per a report by MarketsandMarkets. https://www.marketsandmarkets.com/Market-Reports/energy-efficient-motor-163.html Why rise in the use of energy efficient motors in the agriculture sector offers an opportunity? Energy efficient motors are used in various application areas in the agriculture vertical; these applications include irrigation,…

Occupancy Sensor Market and its key opportunities and challenges

The occupancy sensor market is projected to grow from USD 2.2 billion in 2019 to USD 3.9 billion by 2024 at a CAGR of 12.3% as per a report by MarketsandMarkets. https://www.marketsandmarkets.com/Market-Reports/occupancy-sensor-market-3859894%20.html Why expected incorporation of lighting controllers with in-built data connectivity technology to throw new opportunities in this market? The lighting control market has seen significant growth in the past few years. The market includes a considerable number of products including…

key Opportunities and Challenges in the Noise Vibration Harshness (NVH) Testing …

The noise vibration harshness (NVH) testing market is projected to reach USD 5.4 billion in 2024 from USD 2.8 billion in 2019, at a CAGR of 14.3%. Will advancement in sensor and processor technologies create an opportunity? New technological advancement in sensor and processor technologies have created new opportunities for the growth of the NVH testing market. Several companies are launching new sensor technologies having application for NVH testing equipment, thereby…

Growth opportunities and latent adjacency in Botanical Extracts Market | Key Pla …

The botanical extracts market was valued at USD 3.06 billion in 2016 and is projected to grow at a CAGR of 9.0% from 2017, to reach a value of 6.03 billion by 2022. Botanical extracts are widely used as ingredients in food & beverage applications, owing to their functional properties. Also, the growing demand for natural & nutritious products has increased the demand for botanical extracts in the food &…

Integration of Smartphones With Agricultural Hardware and Software Applications …

The variable rate technology market is projected to grow at a CAGR of 9.65% from 2017, to reach a projected value of USD 2.24 Billion by 2022. The most significant factor driving the market is the increasing focus on farm efficiency and productivity. The implementation of variable rate technology (VRT) has the potential to change agriculture, making this traditional activity more efficient and predictable. Increasing global food demand, extended profitability…

Automotive Lighting Market is Getting Extensive Hike!

The Global Automotive Lighting Market is projected to grow from USD 18.4 billion in 2019 to USD 23.3 billion by 2027, at a CAGR of 3.0% during the forecast period. An increase in premium and SUV sales and advancements in lighting technology are some of the major factors driving the growth of the lighting market for automotive. View Full TOC @ https://www.marketsandmarkets.com/Market-Reports/automotive-lighting-market-1133.html The key players automotive lighting market are Hella (Germany), Marelli…

Key Growth Opportunities in the Dietary Fibers Market

The report "Dietary Fibers Market by Type (Soluble, Insoluble), Application (Functional Food & Beverages, Pharmaceuticals, Animal Feed), Source (Cereals & Grains, Fruits & Vegetables, Legumes), and Region - Global Forecast to 2022" The Dietary Fibers Market Is Projected To Account for a Value of USD 6.5 Billion By 2022 Consumers are increasingly becoming fitness-conscious, which has influenced their diets as well. To maintain their health, they are supplementing their fitness…

Electric Insulator Market Growing at a CAGR of 5.6% to Reach 13.3 Billion by 202 …

The electric insulator market is projected to reach USD 13.34 billion by 2023, from an estimated USD 10.17 billion in 2018, at a CAGR of 5.58%. In 2018, the market in Asia Pacific is estimated to be the largest, followed by North America. This growth can be attributed to the growing adoption of renewable energy sources, increasing investments in T&D networks, and refurbishment of existing grid networks across the globe.…

Polymer Coated Fabrics Market worth $20.1 billion by 2024 | Key Players include …

According to recent market research "Polymer Coated Fabrics Market by Product (Polyvinyl, Polyurethane, Polyethylene), Application (Transportation, Protective Clothing, Industrial, Awning, Roofing & Canopies, Furniture & Seating) - Global Forecast to 2024", The polymer coated fabrics market is projected to reach USD 20.1 billion by 2024, at a CAGR of 4.3% from USD 16.3 billion in 2019. Browse 169 market data Tables and 41 Figures spread through 282 Pages and in-depth TOC…

Automotive Filters Market 2025 | Here's All You Need to Know

The Automotive Filters Market (OE) is estimated to grow at a CAGR of 4.35% from USD 2.81 billion in 2017 to USD 3.94 billion by 2025. The OE market is driven by increasing vehicle production and sales. Whereas, The automotive filters aftermarket is driven by the increasing vehicle parc and the increasing average miles driven globally. The automotive filters aftermarket in 2017 was USD 21.60 billion, and it is projected…

Attractive Market Opportunities in the Military Radars Market

The military radars market is projected to grow from USD 12.63 billion in 2016 to USD 15.42 billion by 2022, at a CAGR of 3.38% from 2017 to 2022. https://www.marketsandmarkets.com/Market-Reports/military-radar-market-51422570.html Developments in solid state electronics and replacement of obsolete systems Developments in solid-state electronics, such as Gallium Nitride (GaN), have led to the emergence of a new generation of Advanced Electronically Scanned Array (AESA) radars. These radars have better target detection capabilities and…

Key Opportunities and Challenges in the Military Radars Market

The military radars market is projected to grow from USD 12.63 billion in 2016 to USD 15.42 billion by 2022, at a CAGR of 3.38% from 2017 to 2022. Developments in solid state electronics and replacement of obsolete systems Developments in solid-state electronics, such as Gallium Nitride (GaN), have led to the emergence of a new generation of Advanced Electronically Scanned Array (AESA) radars. These radars have better target detection capabilities and…

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