Worldwide Enzymes Industry to 2027 - Players Include BASF, Associated British Foods and Novozymes Among Others
May 27, 2021 04:23 ET | Source: Research and Markets Research and Markets Dublin, IRELAND
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The Global Enzymes Market size is expected to reach $13.2 billion by 2027, rising at a market growth of 8% CAGR during the forecast period. Protein molecules that behave as a biological catalyst to accelerate metabolic reactions are termed as enzymes. Enzymes also display functions like the capacity to react with a particular reactant. Over the years, enzymes find applications in various fields like photography, food processing, contact lens cleaners, paper, rubber, biofuels, molecular biology sectors, and biological detergents.
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The global building energy management system (BEMS) market observed progressive growth in the past few years and anticipations are made that during the forecasted period (2021-2025) the market would further augment at an escalating growth rate.
The building energy management system is a comprehensive system of hardware, software and services. The system helps to manage energy usage through numerous technology such as information & communication technology etc.
Moreover, BEMS technology also provides monitoring, automation and control of building systems such as Heating, ventilation & air conditioning and lighting to escalate building s energy efficiency and improve comfort. Furthermore, besides energy management, the system can also control and monitor a wide variety of other aspects of the building, irrespective of whether it is residential or commercial.
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The Global Mid-and High-Level Precision GPS Receiver Market size is expected to reach $3.7 billion by 2026, rising at a market growth of 11.1% CAGR during the forecast period.
A GPS receiver includes a low-noise analog frontend for filtering, amplifying, & down-converting the antenna signal. Additionally, it also includes an analog-to-digital converter (ADC) for digitalizing the quadrature IF signal & an extremely corresponding digital signal processor embedded in an ASIC with a long-established processor core. The prime component of the architecture is the custom digital signal processor, working on tens of independent signal paths (channels) in correspondence. Every channel utilizes a digital correlator to identify, monitor, & correlate a PRN sequence in the transmitted data with the predictable PRN signal, changed, & scaled in time.
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The Global Enterprise Architecture Tools Market size is expected to reach $1.3 billion by 2026, rising at a market growth of 5.4% CAGR during the forecast period.
Enterprise architecture tools are the solutions that help a company to analyze the requirement and effects of technological modifications. These tools assist organizations to record the relationships & dependencies between partners, business processes, capabilities, data, applications, and other technologies. Sometimes, they also become a source for data integration & metadata about all the assets & properties that are important for an organization. Moreover, they help to show all the connections and associations, which help the company to take better decisions in IT and other aspects.
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The Global Green Data Center Market size is expected to reach $142.8 billion by 2026, rising at a market growth of 19.7% CAGR during the forecast period. A green data center is helpful for storage and data management in which the lighting, mechanical, electrical, and computer systems are used for the purpose of offering optimal energy efficiency with very low environment impact. Green data centers are used by IT companies with an aim to minimize environment impact through determining, scheduling, and installing initiatives around the data center environment. A green data center offers identical features and abilities like a traditional data center still take low amount of energy and space; because of this green data center is regarded as eco-friendlier.