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With COVID-19 having a damaging impact on Aquaculture, the market is expected to lose steam before recovering to reach a projected global market size of US$245.1 billion by 2027.
Pandemics such as the current COVID-19 carry huge business risks as repressive measures stifle innovation, choke growth, erode profitability, and dry up financial reserves and cash flow. Among the many industries and markets reeling under this impact is Software Defined Radio (SDR). A revised outlook under the current scenario projects the global market size reach US$24.8 billion by 2027.
Across the world where private practices offering non-essential healthcare are crumbling, the global Dental Restorative Supplies market will need to navigate short-term challenges to reach a projected US$5.1 billion by 2027.
The global market for Stoma/Ostomy Care Products is projected to reach US$3.1 billion by 2025, driven by the rapidly aging population, increase in the number of operative procedures involving creation of intestinal stoma and the resulting focus shed on "stoma quality of life".
Weathering the current pandemic and the looming recession, the global market for Mulch Films is projected to reach US$5. 1 billion by 2027
The global market for Industrial Alcohol is projected to reach US$160.4 billion by 2025, despite the short-term pain estimated for the industry as a result of the ongoing pandemic.
The global Continuous Renal Replacement Therapy (CRRT) market is projected to reach US$1.5 billion by 2025, driven by the growing incidence of acute kidney injury (AKI) and the resulting rise in hemodynamically unstable patients.
The global market for Hydrogen Generators is projected to exceed US$1.2 billion by 2025, driven by the growing importance of clean energy and the resulting commercial interest in hydrogen as a cleaner fuel source capable of ensuring compliance with stringent government regulations on carbon emissions.
The global Tiller Machine market is projected to reach US$2.5 billion by 2025, driven by the increasing demand from floriculture and environmental horticulture; and in the agricultural sector.
The global market for Border Security System is projected to reach US$53.9 billion by 2025, driven by the growing focus of governments worldwide to control public safety threats, criminal and terrorists activity and entry of contraband, drugs.
The global market for Microfinance is projected to reach US$313.7 billion by 2025, driven by the rising inequality in wealth distribution and the resulting increase in the number of unbanked people.
The global market for General Purpose Electronic Test & Measurement (T&M) Instruments is projected to reach US$9. 4 billion by 2025, driven by soaring data traffic warranting network enhancements and continuous performance monitoring; and launch of new next generation electronic equipment in communications, aerospace, military and defense, consumer electronics and manufacturing sectors.
The global Renewable Chemicals market is projected to reach US$125.7 billion by 2025, driven by rising concerns over the growing carbon footprint of chemicals right from production to its use in downstream applications.
The global market for Digital Inspection is projected to reach US$28. 9 billion by 2025, driven by growing willingness among companies to invest in technologies that help improve process and operational efficiency.
The global market for Cross-Platform and Mobile Advertising is projected to reach US$356.4 billion by 2025, driven by the rise of digital advertising and marketing which is transforming, transitioning and conditioning brand-consumer relationships.
The global market for Smart Cities is projected to reach US$1. 8 trillion by 2025, driven by the growing world population, unscrupulous exploitation of natural resources, and the ensuing search for sustainable ways to accommodate the 7+ billion people on the planet.
The global market for Smart Airports is projected to reach US$22.6 billion by 2025, driven by surging passenger traffic, growing investments in airport modernization and increasing investments in disruptive technologies that help improve the efficiency and effectiveness of airport operations.
The global market for Nanocelluloseis projected to reach US$849.4 million by 2025, driven by its high environmental performance index and wide ranging applications as a multi-purpose biomaterial.
The global market for Commercial Aviation Crew Management Software is projected to reach US$1.5 billion by 2025, driven by increasing number of flight trips and the resulting rise in demand for crew to service these trips.
As offices and schools worldwide move into the basements and living rooms of homes, cable modem, an important piece of network hardware that allows computers to connect to the internet, is witnessing uninterrupted gains. Against this backdrop, global market for cable modem is projected to reach US$10 billion by the year 2027 after recording a demand spike of 9.3% in the year 2020.
The global market for Web Analytics is projected to reach US$6.5 billion by 2025, driven by the growing importance and virtual indispensability of websites in the modern age of digitalization and the internet.
The global market for In-Flight Catering Services is projected to reach US$22.4 billion by 2025, driven by the unprecedented rise in air passenger traffic and the resulting increase in demand for airline food and the increasing popularity of gourmet food catering as a competitive strategy for service differentiation among airline companies.
The global market for 3D Metrology is projected to reach US$15 billion by 2025, driven by the undisputed importance of metrology in today`s industrialized world.
The global market for Foliar Spray is projected to reach US$7.4 billion by 2025, driven by the growing popularity of smart strategies for managing nutrition of plants.
The global market for Hindered Amine Light Stabilizers (HALS) is projected to reach US$1.2 billion by 2025, driven by the growing ubiquity of polymers as advanced materials used in a wide range of consumer and industrial products.
The global market for Elevators and Escalators is projected to reach US$80.1 billion by 2027, after a temporary fall in sales in years 2020 and 2021 due to the COVID-19 crisis.
The global market for Osteoporosis Therapeutics is projected to reach US$13.3 billion by 2025, driven by rising awareness over the growing problem of osteoporosis and the ensuing emphasis on early diagnosis and treatment.
The Denim Jeans market is expected to feel the heat of the coming virus-led recession and will grow in the post crisis period to reach a projected global market size of US$87.3 billion by 2027.
The global market for Non-Destructive Testing (NDT) Services is projected to reach US$8.9 billion by 2025, driven by the growing importance shed on material inspection against the backdrop of strong focus shed on quality assurance of structural and mechanical components operating in demanding application environments.
Like many other industries, the construction industry is also feeling the heat of the pandemic, its rapid spread across the globe and containment measures adopted by governments.
The global market for Dry-Cleaning and Laundry Services is projected to reach US$75.1 billion by 2025, driven by the continuous evolution of consumer behavior and lifestyle and the resulting lack of time for household chores and increased willingness to utilize commercial laundry eservices.
The global market for Industrial Gearbox is projected to reach US$43.6 billion by 2025, driven by increasing adoption of energy-efficient and high-performance gearboxes.
The global market for Gas Separation Membranes is projected to reach US$1. 1 billion by 2025, driven by robust demand from diverse industrial applications, especially oil refining.
The global market for Data Catalog is projected to reach US$1. 0 billion by 2025, driven by years of digital transformation which is currently reaching maturity in most industries and the ensuing massive accumulated value of digital assets and the need now to efficiently manage these data assets.
The global market for Agriculture Drones is projected to reach US$5.7 billion by 2025, driven by the growing use of technology to enhance agricultural productivity.
The global market for Biometrics for Banking and Financial Services is projected to reach US$10.8 billion by 2025, driven by rising venture capital investments in anti-fraud FinTech solutions against the backdrop of the continuous rise in financial transactions and a parallel increase in fraud and security breaches.
With regional and international food and agricultural value chain severely disrupted, seafood is caught in the eye of the COVID-19 storm. The market is expected to lose steam before recovering to reach a projected global market size of US$138.7 billion by 2027.
The global market for Actuators is projected to reach US$70.5 billion by 2025, driven by its vital role in robotics.
The global market for Modular Laboratory Automation is projected to reach US$4.2 billion by 2025, driven by the growing value of a modular and integrated approach to automation.
Overcoming several immediate term challenges posed by the ongoing corona virus pandemic, the global market for Recloser Control is projected to reach US$1.4 billion by 2027.
The global market for e-Learning is projected to reach US$305.3 billion by 2025, driven by the growing emphasis placed on building a knowledge base as an important force multiplier for economic development and the ensuing acceptance of the culture of anytime, anywhere and any device dynamic e-learning.
The global market for Optical Imaging is projected to reach US$2.5 billion by 2025, driven by the importance of medical imaging in healthcare in disease prevention, early detection, diagnosis, and treatment.
The global market for Aerospace Materials is projected to reach US$26.5 billion by 2025, driven by the growing value of advanced and sustainable materials for manufacturing aircraft in an era where strong engineering focus is shed on lightweight, fuel efficient and eco-friendly designs.
The global market for Automotive Airbags is projected to reach US$71.8 billion by 2025, driven by the indispensability of air bags as a key mandated safety technology for all vehicles.
The global market for Adaptive Optics is projected to reach US$3.2 billion by 2025, driven by expanding applications in telecommunications, military & defense, medical, and space exploration.
The global market for Microprocessor and GPU is projected to reach US$85.1 billion by 2025, driven by the ongoing digital transformation of businesses and industries worldwide.
The global market for Power Transmission and Distribution Equipment is projected to reach US$289.8 billion by 2025, driven by the ever-present demand for energy; growing trend towards distributed energy generation; and rising investments in smart grids.
The global market for Eco Friendly Bottles is projected to reach US$3.8 billion by 2025, driven by the growing threat of plastic pollution on land for plants, animals and humans.
The global market for Hydrogel is projected to reach US$15.3 billion by 2025, driven by their growing use in wound care products and drug delivery systems (DDS).
The global market for 3D Display is projected to reach US$14 billion by 2025, driven by the growing value of digital immersion in the current era of digitization of everything and the ensuing rise of the tele-world.
The global market for 3D Scanners is projected to reach US$6.1 billion by 2025, driven by the growing use of the technology in rapid prototyping, quality inspections, body scans, reverse engineering, and several other applications.
The global market for Active Ingredients for Cosmetics is projected to reach US$3.9 billion by 2025, driven by the disruptive impact of naturals and the ensuing rise of "Naturaceuticals" as the new buzzword for cosmetic brands to engage with consumers
The global market for Affective Computing is projected to reach US$131 billion by 2025, driven by growing awareness over the real importance of emotion in advancing the capability of artificial intelligence (AI) technology.
The global market for Agricultural Sprayers is projected to reach US$2.9 billion by 2025, driven by growing food security concerns and the ensuing focus shed on yields and crop productivity.
The global market for Allergy Diagnostics is projected to reach US$6.4 billion by 2025, driven by the rise in allergies across all age groups.
The global market for Alumina Trihydrate (ATH) is projected to reach US$1.9 billion by 2025, driven by robust applications in coatings, inks, adhesives, caulks, sealants and most importantly as non-halogen flame retardant and smoke suppressant.
The global market for Arc Flash Protection is projected to reach US$2.4 billion by 2025, driven by the stringent worker safety regulations and ever-present threat of arc flash hazards in virtually every industrial environment ranging from utilities, manufacturing and processing, oil & gas to transportation and infrastructure.
The global market for Automated Guided Vehicles (AGVs) is projected to reach US$2.6 billion by 2025 driven by the strong focus shed on automation and production efficiency in the era of smart factory and industry 4.0.
The increasingly tougher business environment in the travel and tourism sector is sending ripples of disruption, fear and anxiety across the entire value chain including car rentals.
The global market for Automotive Ceramics is projected to reach US$1.8 billion by 2025, driven by the rise of new materials gaining ground in automobile manufacturing.
The global market for Automotive Chassis is projected to reach US$66.7 billion by 2025, driven by stable production of passenger cars and commercial vehicles.
The global market for Fuel Cells is projected to reach US$14.6 billion by 2027, driven by the technology’s very vital role in helping build a clean and sustainable world for future generations.
The global market for Biological Seed Treatment is projected to reach US$1.8 billion by 2025, driven by agricultural intensification in countries across the world to meet food security goals and changing nuances in the practice of plant nutrition management.
The global market for Cardiac Ablation is projected to reach US$1.4 billion by 2025, driven by the growing burden of cardiovascular diseases worldwide. Arrhythmias such as Tachycardia and Bradycardia are often treated with medications, such as beta blockers and/or through surgical implantation of cardioverter defibrillator (ICD) or pacemaker.
The global market for Chemical Enhanced Oil Recovery (EOR) is projected to reach US$1.2 billion by 2025, driven by the end of the era of easy oil, the ensuing decline in new discoveries in conventional oil reserves, depletion in existing oil fields and the growing focus on extracting more crude oil by using tertiary recovery technology.
The global market for Cold Insulation is projected to reach US$6.9 billion by 2025, driven by the ubiquity and ever-present importance of Industrial refrigeration in food processing, chemical, pharmaceutical manufacturing, refrigerated transport, and liquefied natural gas (LNG), among others.
It is a rough weather forecast for Industrial Fasteners in the immediate to short-term period with the manufacturing industry expected to be severely impacted by the virus-led recession. The market will however grow in the post crisis period to reach a projected global market size of US$92.6 billion by 2027.
The global market for Compression Therapy is projected to reach US$3.3 billion by 2025, driven by the rising incidence of venous ulcers supported by aging population and the obesity epidemic.
The global market for Conveyor System is projected to reach US$9 billion by 2025, driven by the strong focus shed on automation and production efficiency in the era of smart factory and industry 4.0.
The global market for Coriolis Meters is projected to reach US$2.7 billion by 2025, driven by the ubiquitous importance of liquid/fluid flow measurement in a wide range of industries including oil and gas, fluid transport, fluid storage, mining, water & wastewater treatment, power & utilities, marine, and process industries such as chemicals, food & beverage, pulp & paper, among others.
The global market for Crew Management Systems is projected to reach US$3.2 billion by 2025, driven by the expansion of crew base on airplanes and ships including cargo ships, fishing vessels, and cruise ships.
The global market for Data Historian is projected to reach US$1.1 billion by 2025, driven by the rise of industrial big data and the growing importance of storing process data for time-series analysis to extract phenomena like long-term trends, cyclical fluctuations and anomalies.
The global Gas Detection Equipment market is expected to decline substantially in the year 2020, with COVID-19 pandemic triggering a short-term crisis in the industrial sector, before recovering to reach a revised market size of US$4.0 billion by 2025.
The global market for Drone Identification Systems is projected to reach US$45.4 billion by 2025, driven by the growing need for new rules, safety and security protocols as drones begin to swarm the modern skies.
The global market for Electrosurgery is projected to reach US$5.3 billion by 2025 driven by the growing burden of surgical conditions and the ensuing need to reduce the associated economic and financial costs.
The global market for Energy Harvesting System is projected to reach US$651. 5 million by 2025, driven by the growing appreciation of the need to reduce and reuse resources to ease the environmental burden and manage climate change challenges.
The global market for Enterprise Manufacturing Intelligence is projected to reach US$5.2 billion by 2025, driven by the growing focus on improving manufacturing competitiveness against the backdrop of factors such as dynamic market environments, rapidly changing consumer needs and expectations, growing proficiency of competitors, cost pressures and disruptive rise of myriad technology options.
At a time when the global economic climate seems to be spinning out of control, the Enterprise Metadata Management market will face severe short-term challenges in virtually every application area with the exception of one. The global market under such a scenario is projected to reach a revised value of US$8.1 billion by the year 2027.
Boxed in with air travel restrictions and subsequent massive drop in flight departures, the Air Traffic Control (ATC) Equipment market is expected to decline substantially in the year 2020 before recovering to reach a revised market size of US$60. 2 billion by 2025.
The global market for Forklift is projected to reach US$23.9 billion by 2025 driven by the strong focus shed on automation and production efficiency in the era of smart factory and industry 4.0. Smart manufacturing is the new revolution that will mark the next generation of production and warehousing.
The global market for Fuel Management System is projected to reach US$686 million by 2025, driven by stringent and punitive environmental regulations designed to restrict activity and behavior resulting in natural resource wastages and environmental pollution.
The global market for Healthcare BPO is projected to reach US$371.2 billion by 2025, driven by the growing pressure on hospitals and healthcare organizations to reduce costs and enhance efficiency in all aspects of patient care and revenue cycle management (RCM) to survive in the era of value based care.
The global Apheresis Equipment market is projected to reach US$3.1 billion by 2025, driven by the growth in global blood demand as well as supply against a backdrop of aging population and rising prevalence of diseases requiring blood transfusion.
The global market for Induced Pluripotent Stem Cell ((iPSC) is projected to reach US$1.8 billion by 2025, driven by the growing value of stem cells in medicine.
The global Industrial Chocolate market is projected to reach US$62 billion by 2025, driven by the robust popularity of affordable, mass-produced confections.
The global market for industrial cybersecurity is projected to reach US$25.6 billion by 2027.
The global market for Laser Processing is projected to reach US$16.9 billion by 2025 driven by growing importance of precision manufacturing as manufacturing worldwide comes under the intense challenge of increasing design tolerances.
The global LED Backlight Display Driver ICs market is projected to reach US$2.4 billion by 2025, driven by the growing importance and demand for portable consumer electronics such as smartphones, tablets, cameras, notebook PCs , computer monitors and TVs, among others.
The global market for LED Driver for Lighting is projected to reach US$37.4 billion by 2025, driven by internet of Things (IoT) and expanding applications of smart lighting in smart cities, Industrial Internet of Things (IIoT), healthcare, intelligent transportation, and smart homes.
The global market for Li-ion Battery is projected to reach US$91.8 billion by 2025 driven by their use in a wide range of energy storage applications. Among the applications, standing out as a major driver of growth is electric vehicles (EVs).
The global market for Load Break Switch is projected to reach US$2.9 billion by 2027
The global market for Marine Gensets is projected to reach US$6.3 billion by 2025 driven by the healthy growth outlook for shipbuilding, repairs, overhaul and maintenance.
The global market for Natural Fiber Composites is projected to reach US$8.5 billion by 2025, driven by the growing focus on environmental sustainability and the ensuing search for safer and natural alternatives for traditionally engineered materials.
The global shipments of Vinyl Prime Windows are projected to exceed 211.9 million units by 2025, driven by growing investments in energy efficient building products and solutions chiefly for their ability to bring in high ROI benefits.
The global market for Plant Biostimulants is projected to reach US$3.8 billion by 2025, driven by the growing focus of governments worldwide to reduce agriculture`s growing carbon footprint and make it more sustainable.
The global Power Monitoring market is expected to be strongly impacted by the ongoing COVID-19 pandemic and the virus led global recession before recovering to reach a revised market size of US$3.8billion by the year 2027.
The global market for Plastics Processing Machinery is projected to reach US$24.3 billion by 2025, driven by the ubiquitous consumption of plastics in virtually all consumer-oriented, industrial and commercial sectors.
The global market for Audible & Visual Signaling Devices is projected to reach US$1.9 billion by 2025, driven by growing awareness among companies about the benefits of a safe work environment and the ensuing voluntary implementation of safety programs.
The global market for Battery Chargers is projected to reach US$26.6 billion by 2025, driven by the growing demand for battery-powered, power-hungry portable/mobile electronics and electromechanical equipment such as smartphones, cameras, industrial forklifts, and electric vehicles.
The global market for Subsea Systems is forecast to witness severe short-to-medium term depression due to the ongoing COVID-19 pandemic before reaching a revised market size of US$14.5 billion by the year 2027.
The global market for Surgical Drapes and Gowns is projected to reach US$3.7 billion by 2025, driven by spiraling rise in the number of surgeries and medical examinations performed worldwide.
The global market for Temporary Power is projected to reach US$8 billion by 2025, driven by the growth in construction projects and the need for site preparation with the necessary infrastructure that includes electrical power supply.
The global market for Cancer Therapies is projected to reach US$220.5 billion by 2025, driven by the rise in cancer prevalence to epidemic proportions and the still ongoing search to find effective treatments for the disease.
The global market for Biofertilizers is projected to reach US$3.3 billion by 2025, driven by the growing focus of governments worldwide to reduce agriculture's growing carbon footprint and make it more sustainable.
The global market for Chromatography Accessories and Consumables is projected to reach US$13.5 billion by 2025, driven by the widespread use of chromatography.
The global market for Palm Oil is projected to exceed US$52.3 billion by 2025, driven by ubiquitous applications in a broad range of everyday products and the resulting growing demand for certified sustainable palm oil.
The global market for Coffee Shops is projected to reach US$237.6 billion by 2025, driven by the silent importance and role by them in our society.
The global market for Refined Glycerin is forecast to reach US$3.6 billion by 2027, driven by the growing preference for renewable feedstocks as against petroleum derived feedstocks and fairly encouraging business climate in all major end-use application sectors like food and pharma which continue to grow driven by growing population, increasing affluence and rising healthcare needs.
The global market for Air Filters and Filtration Equipment is projected to reach US$11.3 billion by 2025, driven by the alarming rise in air pollution levels worldwide and the ensuing urgent need for improving air quality.
The global market for Packaging Machinery is projected to reach US$51.5 billion by 2025, driven by the economic value generated by packaging for industrial and consumer goods; and growing interest in robotic packaging automation against a backdrop of growing competition in the FMCG industry and the ensuing pressure to accelerate time-to-market.
The global market for Bearings is projected to reach US$131.8 billion by 2025, driven by their indispensable and ubiquitous importance in machines.
The global Industrial Valves market is expected to decline substantially in the year 2020, with COVID-19 pandemic triggering a short-term crisis in the industrial sector, before recovering to reach a revised market size of US$107.3 billion by 2025.
A revised outlook pegs the global market for machine tools at US$87.4 billion by 2027.
The global market for Tires is forecast to reach 2.7 billion units by 2025, driven by continuous developments in tire engineering particularly innovations surrounding tire tread technology.
With COVID-19 pandemic triggering a short-term crisis in the industrial sector, the global Belt Drives market is expected to decline substantially in the year 2020 before recovering to reach a revised market size of US$7.3 billion by 2025.
The global market for Digital Banking is projected to reach US$22.3 billion by 2025, driven by the growing base of internet users equipped with smart phones, mobile internet connections, and an insatiable appetite for convenience.
World market for Wood Flooring is projected to reach 16.2 billion square feet by 2024, driven by the steady global recovery in construction projects over the last couple of years in most countries worldwide; growing concerns over the environment and the ensuing preference for wood as a green building material given its lower carbon footprint and renewable characteristics when harvested through sustainable forest management practices.
The worst affected industry in this pandemic driven crisis is manufacturing with its complex supply chains, labor intensive processes, and interdependencies.
The global market for Language Translation Software and Services is projected to reach US$65.6billion by 2025, driven by rising globalization and economic interdependence among countries in a world where over 7,000 languages are spoken.
The global market for Location Based Advertising (LBA) is projected to reach US$50.2 billion by 2025, driven by the ability of the technology to engage better and personalize marketing for better conversion rates.
The global market for Manufacturing Execution Systems (MES) is expected to decline substantially in the year 2020, with COVID-19 pandemic triggering a short-term crisis in the industrial sector, before recovering to reach a revised market size of US$22.9 billion by 2025.
The global market for Photonic Integrated Circuit (PIC) is projected to reach US$3.1 billion by 2025, driven by the growing interest in the ability to exploit the properties of light to transmit information at speeds millions of times faster than either copper or laser, especially against the backdrop of the insatiable need for bandwidth and communication speeds.
The global Smart Gas market is expected to decline in the year 2020 before recovering to reach a revised market size of US$29.9 billion by 2025, driven by the need for efficient utilization of energy and rising awareness over the importance of information management technologies in enabling intelligent metering, monitoring, measurement, and control of gas resources.
The global market for Third Party Logistics (3PL) is projected to reach US$1.3 trillion by 2025, driven by the rise of e-commerce and m-commerce as the future of shopping.
The global market for Virtual Data Rooms is forecast to reach US$2. 6 billion by 2025, driven by digitalization of everything and the resulting hyper connected world which is fundamentally changing the way people and businesses share information and collaborate across geographic borders.
The global market for Customer Relationship Management (CRM) Software is projected to reach US$89.9 billion by 2025, driven by the importance of maintaining and creating relationships with customers in running successful businesses.
The global market for Wearable Electronics is projected to reach US$61.4 billion by 2025, driven by the availability of inexpensive sensors, miniaturized yet powerful microchips and processors, low-power lighter electronic components, evolving app ecosystem and the resulting expansion of applications addressed by wearable products and services.
The global market for Distributed Generation (DG) is projected to reach US$183.2 billion by 2025, driven by the growing focus shed on decarbonizing power generation and transmission.
The global market for Advanced Ceramics is projected to reach US$105. 5 billion by 2025, driven by technology advancements and innovations, and emerging new applications in electronics supported by trends in Internet of Things (IoT), mobile communications and electronic wearables.
Boxed in with air travel restrictions and subsequent massive drop in aviation activity, the Aircraft Cabin Interiors market is expected to decline substantially in the year 2020 before recovering to reach a revised market size of US$36.6 billion by 2025.
Boxed in with lockdown restrictions and curtailed commercial activity, the Digital OOH market is expected to decline in the year 2020 before recovering to reach a revised market size of US$26.9 billion by 2025.
The global market for Fatty Esters is projected to reach US$2.3 billion by 2025, driven by well-entrenched applications in the food, personal care and cosmetic sectors.
The global market for Home Health Hub is projected to reach US$1.1 billion by 2025, driven by the growing focus of governments worldwide on reducing the burden on primary care systems by encouraging lower-cost alternate care sites (ACSs).
The global Hybrid Memory Cube (HMC) and High-Bandwidth Memory (HBM) market is projected to reach US$4.7 billion by 2025, driven by the blistering pace of growth of AI-assisted technologies, increase in AI workloads and the ensuing need for more memory in AI servers.
The global market for Superconducting Wire will reach US$1.4 billion by 2027 as energy demand pickup pace in the post COVID-19 period and efforts are gradually refocused on energy efficiency and sustainability.
The telecom managed services market is expected to decline in the year 2020 before recovering to reach a revised market size of US$26. 2 billion by 2025, driven by sustained need to reduce operational costs by outsourcing maintenance and management operations.
The global market for Transfer Switches will reach US$1.8 billion by 2025 as energy demand is anticipated to pick up pace in the post COVID-19 period and efforts would be gradually refocused on energy efficiency and sustainability.
The global Underwater Acoustic Communications market is projected to reach US$3 billion by 2025, driven by continuous developments in wireless communication technologies that break through the water-air barrier.
The global market for Footwear is projected to reach US$403.2 billion by 2025, driven by new design trends, and preference for high-fashion and branded footwear among the middle class population.
The global market for Condoms is forecast to reach US$11 billion by 2027, driven by the emphasis on preventing unwanted pregnancy and sexually transmitted diseases (STDs) such as HIV, gonorrhea, chlamydia, syphilis and genital warts.
The global market for Medical Fiber Optics is projected to reach US$1.3 billion by 2025, driven by the growing commercial value of fiber optics technology in surgical instrumentation, disease treatment therapies, diagnostic and imaging equipment, and sensor based wearable medical devices and textiles.
The global market under this scenario is expected to accelerate and reach US$3.2 billion by the year 2027.
The global market for airway management devices is projected to reach US$1. 9 billion by 2025, driven by the ongoing COVID-19 pandemic, and the need to reduce the threat of anesthesia-related preventable deaths.
The global Torque Sensors market is expected to decline substantially in the year 2020, with COVID-19 pandemic triggering a short-term crisis in the industrial sector, before recovering to reach a revised market size of US$13.5 billion by 2025.
The global market for Power Transformers is projected to reach US$31. 5 billion by 2025, driven by robust demand for energy; spiraling investments in new power plants; rising utility spending on upgrading transmission and distribution infrastructure to the smart grid standard; and strong sales of energy efficient and eco-friendly transformers.
The global market for Acoustic Wave Sensor is projected to reach US$835.9 million by 2025, driven by emerging new applications among which the automotive industry stands out as having the biggest revenue impact.
The global Airport Construction market is projected to reach US$1.4 trillion by 2025, driven by growing government focus on building infrastructure which is key to economic growth and societal evolution.
The global market for Material Handling Equipment is projected to reach US$190.3 billion by 2025, driven by the strong emphasis shed on production and operational efficiency and worker safety.
The global market for Animal Parasiticides is projected to reach US$10.9 billion by 2025, driven by the growing focus shed on animal health against the backdrop of humanization of pet animals and growing concerns over the safety of foods of animal origin.
The global market for Biodegradable Mulch Film is projected to reach US$63.2 million by 2025, driven by growing concerns over the impact of agricultural production on climate change.
It is a massive opportunity in a healthcare crisis for Functional Foods and Drinks, as all focus shifts towards boosting the immunity in fighting the disease in the absence of known cure and treatment. The global market is projected to reach a revised size of US$229.1 billion by 2027.
The global market for Intelligent Transportation Systems (ITS) is projected to reach US$50.4 billion by 2025, driven by the growing importance of smart technologies in managing heavy vehicular traffic in densely populated modern cites with road infrastructure creaking under the strain of rapid urbanization and expanding vehicle PARC.
The global Die Casting market is projected to reach US$94.1 billion by 2025, driven by the growing demand for lightweight yet high performance components in industries ranging from electronics, lighting, automotive, aircraft, telecommunications, medical equipment, and hydraulics, among others.
The global market for Digital Signature is projected to reach US$8.2 billion by 2025, driven by the growing real-world losses of financial fraud against the backdrop of an increasingly digital world; and implementation of regulations that recognize the legality of digital signatures.
The global market for Laminate Flooring is projected to reach US$21.3 billion by 2025, driven by new flooring trends that drive demand in favor of laminates given their virtually unlimited variety of styles, designs and colors available.
The global market for E-Beam Wafer Inspection System, after an expected decline in the year 2020 is projected to recover and reach a revised market size of US$1.2 billion by 2025, driven by the long term growing demands placed on semiconductor companies to optimize yield management.
The global market for Electrical Enclosure is projected to reach US$8.1 billion by 2025, driven by the massive quantities of electricity produced and consumed worldwide, and the ensuing focus on safe electricity use and consumption.
The global market for Form Fill and Sealing (FFS) Equipment is projected to reach US$10 billion by 2025, driven by intense competition in the FMCG industry and the ensuing pressure to accelerate time-to-market.
With logistics companies grappling with falling earnings and reducing CAPEX spends, Freight Management Systems market is expected to witness a temporary hiatus in growth opportunities.
The global Starch market is projected to reach 156. 3 million metric tons by 2025, driven by its indispensable use in both food and non-food sectors.
The global market for Loudspeakers is forecast to reach 51.2 billion units by 2024, driven by the rapid rise of streaming video-on-demand and parallel increase in at-home movie watching; growing number of cloud music streaming subscriptions and the resulting need for whole house music and multi-room audio systems.
The global market for Interface IP is projected to reach US$1.2 billion by 2025, driven by the growing value of semiconductor intellectual property core as a key asset capable of influencing competitiveness of vendors.
Boxed in with wealth erosion and discretionary income reduction among the rich and the middle class, the microplate systems market is expected to decline in the year 2020 before recovering to reach a revised market size of US$950 million by the year 2025.
The global market for Plant Activators is projected to reach US$855.2 million by 2025, driven by the growing focus shed on plant immunity as the best strategy to increase yield productivity against the backdrop of the loss of arable land.
The global market for Retail Omni-Channel Commerce Platform is projected to reach US$12.7 billion by 2025, driven by the growing business opportunity for eCommerce against the backdrop of the fact that the consumer purchase cycle is increasingly characterized by seamlessly shifting across channels and devices.
The global market for Transparent Ceramics is projected to reach US$1 billion by 2025, driven by emerging new applications and innovation in manufacturing and fabrication technologies that encourage production of transparent bulk ceramics.
The global market for Lung Cancer Diagnostics is projected to reach US$3.2 billion by 2025, driven by rising incidence and growing economic burden of lung cancer in terms of survival rates and medical expenditure.
The global market for Radiation Cured Products is projected to reach US$8.8 billion by 2025, driven by growing awareness over the numerous environmental and performance benefits offered by radiation curing.
The global market for Citric Acid is projected to reach US$4.0 billion by 2025, driven by widespread applications in food & beverages; detergents & cleaners; pharmaceutical and cosmetics; and industrial processing.
The global market for Ethanol is projected to reach US$105. 2 billion by 2025, driven by sustained increase in demand from biofuel and food & beverage industries.
Boxed in with wealth erosion and discretionary income reduction among the population across the classes, the Consumer Batteries market is expected to decline in the year 2020 before recovering to reach a revised market size of US$50 billion by 2025.
The global market for Incontinence Care Products is projected to reach US$16.9 billion by 2025, driven by changing mindset and the gradual breaking down of public stigma and self-stigma associated with incontinence.
The global Thermal Energy Storage (TES) market along with the rest of energy industry value chain is expected to be impacted by the ongoing pandemic and the virus led global recession.
As fear and panic runs high with the pandemic raging on, there is one thing that is becoming increasingly clear and that is the world is not ready for a pandemic.
As COVID-19 continues to spread and cause large scale human and financial destruction in countries across the world, pessimism is beginning to run high among chief information officers(CIOs).
The global market for Aerospace Additive Manufacturing is projected to reach US$2.5 billion by 2025.
As the wedding industry goes into turmoil with the COVID-19 pandemic hijacking social life and pushing business as usual practices against the wall, Bridal Wear is in for severe short and medium term challenges.
The global market for Automotive Control Panels is projected to reach US$129.4 billion by 2025, driven by electronification and electrification trends, and the resulting increased interactions in a connected semi-autonomous car.
The global market for Automotive Wheels is projected to reach US$40.9 billion by 2025, sustained by stable opportunities in emerging markets as mature markets saturate in terms of sales potential.
The global market for Autonomous Farm Equipment is projected to reach US$128.8 billion by 2025, driven by growing government and private sector investments in intelligent agriculture as the future of sustainable farming.
The global market for Bioplastics and Biopolymersis projected to reach US$17 billion by 2025, driven by the growing confidence in the ability of these materials to provide an antidoteto the growing threat of plastic waste.
The global market for Calcium Nitrate is projected to reach US$11.6 billion by 2025, driven largely by widespread use in fertilization and plant nutrition.
Expected to face its biggest setback since the Great Recession, the global market for Combat Management System will derail in the medium term before reaching a projected US$406.6 million by 2027.
Fire Resistant Fabrics market will witness temporary disruption in business opportunities amid cost--cutting measures being implemented by businesses impacted by the ongoing COVID-19 crisis, before recovering to reach a revised market size of US$5.4 billi
The global market for Internet of Things (IoT) Analytics is projected to reach US$51.7 billion by 2025, driven by growing investments in IoT across industries and the resulting focus on return on investments (ROI) delivery.
The global Label-Free Detection market is projected to reach US$1.3 billion by 2025, driven by growing drug R&D, rising competitive pressure to reduce cost of drug development and the resulting need for cost-effective and efficient screening technologies.
As the most favored glove material among healthcare workers, Nitrile Gloves are projected to reach a market size US$66.8 billion by 2027, driven largely by the novel corona virus spreading rapidly across the globe.
the global market for Thermoplastic Elastomers (TPEs) is projected to reach US$22.4 billion by 2025, driven by the growing demand for soft touch and feel products ranging from toothbrushes, home appliances to automotive interiors.
The global market for Postal Automation System is projected to reach US$1.0 billion by 2025, driven by the increasingly stringent privacy regulations legislated and adopted for emails and the ensuing resurgence of interest in snail mails for marketing and
The global market for Power Management System is projected to reach US$5.7 billion by 2025, driven by digitalization, electronification and electrification trends sweeping through industries ranging from automotive, maritime transport, oil & gas, mining,
The global market for Power System Simulator is projected to reach US$1. 3 billion by 2025, driven by the growing focus shed on optimizing performance of electrical power systems at a time when energy efficiency is pinned to a sustainable future.
The global market for Smart Highway is projected to reach US$62.6 billion by 2025, driven by growing interest in smart cities as the only sustainable way to accommodate 7+ billion people on earth and the ensuing increase in smart transportation and intell
The global market for Smart Locks is projected to reach US$3.2 billion by 2025 driven by the growing proliferation of smart homes and the ensuing need for smart security solutions.
The global market for Wireless Headphones is projected to reach US$9.1 billion by 2025, driven by the astounding rise in smartphone ownership supported largely by technology usage rates in emerging economies.
The market for marine biotechnology, which is heavily dependent on R&D, is expected to come under immense pressure. A revised analysis puts the global market size at US$5.4 billion for the year 2027.
The global market for Ligninis projected to reach US$993 million by 2025, driven by the growing focus among countries worldwide to migrate to a circular economy that will help achieve a more sustainable and resource efficient future for coming generations
As the most often purchased product during the COVID-19 pandemic, Hand Sanitizers demand is projected to reach US$39.1 billion by 2027.
Depressed by massive decline in travel, tourism, lodging and hotel industry, the global market for Commercial Laundry Machinery is poised to sustain heavy losses in 2020 before recovering to reach a revised market size of US$5.7 billion by 2025.
The global market for CNS Therapeutics is projected to reach US$137.7 billion by 2025, driven by the urgent need to address the unmet medical needs of neurological disorders.
The global market for Bottled Water is projected to reach US$307.6 billion by 2025, driven by the growing need to slake the thirst of a growing world population.
The global market for Canned Fruits is projected to reach US$10.1 billion by 2025, driven by myriad factors among which the growing trade in fruits stands out as worthy of special note.
The global market for Kidney Dialysis Equipment and Supplies is projected to reached a revised size of US$27.5 billion by 2027.
Ventilators have emerged into the most important life-saving weapon in the battle against COVID-19. Given that corona virus targets the respiratory system, demand for ventilators has skyrocketed, rising multifold times over the last three months Jan-2020
As Product Lifecycle Management (PLM) joins the ranks of non-essential IT spending, demand is expected to decline in 2020 by -2.3% only to reemerge stronger as a new world post pandemic emerges with a renewed focus on digital engineering.
The global market for Electronics Recycling is projected to reach US$59.7 billion by 2025, driven by tightening recycling norms against the backdrop of rapid technology and replacement cycles of electronic products and the resulting rise in e-waste genera
The global market for Deep Packet Inspection (DPI) is projected to reach US$3.7 Billion by 2025, driven by exploding Internet traffic, rising security threats, growing sophistication of cyber-attacks and increasing bandwidth management needs.
The global market for Technical Textiles is projected to reach US$217.7 billion by 2025, driven by the robust growth in construction and infrastructure projects, increasing automobile production, and rising demand from the healthcare sector.
The global market for LED Lighting is projected to recover from the current COVID-19 pandemic to reach US$78.7 billion by 2027.
The global market for Video Games is projected to grow at a CAGR of 9.3% reach US$293.2 billion by 2027, driven by the technological advancements in software and hardware, growing popularity of online games, and development of highly immersive games based on advanced technologies.
The global market for Casinos is projected to grow at a CAGR of 3.7% reach US$159.3 billion by 2027, driven by the development of new destinations, rising prominence on online gambling, government regulations permitting casinos or online casinos.
Batteries represent an indispensable power source for profusion of power-hungry equipment and electronic devices that gadget-savvy consumers apparently can't do without. Driven by changing portable energy needs, battery makers have been developing newer and more powerful battery chemistries for today’s high-tech devices.
The global market for Manned Guarding Services is projected to reach US$228.6 billion by 2025, driven by growing crime rates and inadequacy of the police and law and order department to provide complete protection coverage across all locations in a country.
The global market for Food Safety Testing is projected to grow at a CAGR of 5.8% reach US$25.8 billion by 2027, driven by the concerns over food and water safety amidst increase in foodborne diseases and tightening environmental regulations that are raising the need for testing contaminants.
The global market for Cloud IAM is projected to grow at a CAGR of 26.7% reach US$16.2 billion by 2027, driven by the growing risk of data breaches and data loss and adoption of new technologies such as advanced biometrics, AI, and machine learning that are necessitating the adoption of reliable IAM solutions to secure data.
The global market for Contrast Media is projected to reach US$5.3 billion by 2025, driven by the growing number of imaging procedures such as X-Rays, MRI, CT, and Ultrasound supported by the prevalence of chronic diseases among the growing global population and the ensuing diagnostic burden and demand for imaging services.
Data centers, also referred to as server rooms or computer closets, house key computing infrastructure elements such as storage, servers, and networking systems and therefore help organizations to efficiently store, process, manage and deliver mission-critical data to clients in client/server architecture.
The global market for Deception Technology is projected to reach a market size of US$4.6 billion by 2027 trailing at a CAGR of 13.7%, driven by rising emphasis on embedding cybersecurity in digital transformation strategies of modern enterprises.
The global market for Electro Optical Systems is projected to grow at a CAGR of 4.1% reach US$14.9 billion by 2027, driven by the growing demand long-range imaging attributes and good image stabilization in military and commercial sectors.
An Aircraft Simulator refers to a technology platform specially designed to re-create an artificial environment for the flight of an aircraft.
Although production of natural gas is expected to slow down in the near-midterm, the commodity is forecast to remain the fastest-growing fossil fuel through 2035.
The global market for Industrial Cleaning is projected to reach US$65.5 billion by 2025, driven by the growing focus shed on maintaining clean and healthy work environments as manufacturing companies seek to increase worker productivity and well-being and enhance manufacturing quality and standards.
Customer Relationship Management (CRM) a corporate strategy enabled by information technology for integrating internal business functionalities and processes and external networks for the purpose of acquiring new customers and enhancing the levels of experience, satisfaction, and loyalty of strategically targeted customers to establish long-term individualized relations with them and drive the company’s profitability by reducing operational costs, improving workforce efficiency, and increasing share of wallet by up/cross selling.
The global market for Mass Flow Controllers, after posting a devastating decline of -17.8% in the year 2020, is projected to reach a revised market size of US$1 billion by 2027 trailing at a CAGR of 4.3%.
Power over Ethernet (PoE) solutions refers to a collection of components, devices, technology and standards that are used for supplying power to network-based systems.
The global market for Public Safety LTE is projected to reach US$11.9 billion by 2025, driven by the growing global momentum for managing disaster risk against the backdrop of climate change and the resulting increase in the number of extreme weather events and associated economic losses.
The global market for Rail Freight Transportation is projected to grow at a CAGR of 4.3% reach US$213.9 billion by 2027, driven by the numerous merits of rail transport over other modes of transport in terms of energy efficiency and sustainability that drives suppliers to rely on the rail transportation for bulk commodities.
Batteries are indispensable power source for a wide variety of power-hungry electronic devices in consumer and industrial applications.
The global market for Supercapacitors is projected to reach US$4 billion by 2025, driven by the robust demand for efficient energy storage solutions beyond the conventional battery.
The global market for Business Process Outsourcing (BPO), after posting a devastating decline of -28.7% in the year 2020, is projected to reach a revised market size of US$230.3 billion by 2027 trailing at a CAGR of 5.6%.
Water is an indispensable ingredient of various processes across a diverse spectrum of industries, most notably the manufacturing sector, which account for around 40% of the water consumption globally.
The global market for Unmanned Traffic Management (UTM)is projected to reach US$1.5 billion by 2025, driven by the growing use of UAVs in the commercial and industrial sectors and the resulting risk of overcrowding of the skies.
The global market for Palm Oil is projected to exceed 85 million metric tons by 2024, driven by ubiquitous applications in a broad range of everyday products and the resulting growing demand for certified sustainable palm oil.
The global market for Pet Accessories is projected to reach US$41.1 billion by 2025, driven by the emerging pet loving culture worldwide made hugely popular by media coverage on celebrities and their furry friends.
The global market for Office Stationery and Supplies is projected to grow at a CAGR of 3.2% reach US$187 billion by 2027, supported by the sustained demand for varied office stationeries in offices and driven by the advent of newer products amidst the declining demand for traditional office supplies.
The global market for Footwear is projected to reach US$403.2 billion by 2025, driven by new design trends and rising discretionary spending among the expanding base of middle class population.
The rapidly spreading pandemic across the globe and increasing COVID-19 infections among the vulnerable age groups are pushing up the pressure on ambulance services.
Smart Weapons, also called Precision-Guided Munitions (PGMs), are a category of weapons systems designed for striking pre-decided targets with pinpoint accuracy in order to maximize the application of explosive force on the target, while minimizing collateral damage and military personnel casualties.
The global market for Silicon Reclaim Wafers is projected to grow at a CAGR of 7.6% reach US$882.1 Million by 2027, driven by increasing focus of semiconductor manufacturers on reducing costs, and the increasing use of reclaim wafers in manufacturing solar panels and photovoltaic cells, and consumer and industrial electronics.
The global market for Personal Emergency Response Systems (PERS) is projected to grow at a CAGR of 6.6% reach US$11.4 billion by 2027, driven by growing desire of elderly to live independently, growing prevalence of chronic diseases and the need for home patient monitoring systems, rapid technological advancements facilitating telecare, and governments’ initiatives to strengthen healthcare systems through telecare.
The global market for Human Machine Interface (HMI) Solutions is projected to reach US$7.6 billion by 2025, driven by the emerging new digital era where humans and machine will work alongside each other.
With rapidly growing bandwidth requirements, network operators as well as their suppliers have been continuously facing the challenge of altering existing optical networks without considerably impacting their capital and operational expenditures.
