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Elevator and Escalator Market Scope of Current and Future Industry 2032
The elevator and escalator market are focusing on cutting-edge technologies to make their products safer and eco-friendly, finds Future Market Insights (FMI) in a recent study. The market is projected to increase at a CAGR of 5.3% and attain a valuation of US$ 232,656.1 Million by 2032.
IoT technology are being used by some of the top corporations into connected escalators and elevators. This has made it possible for them to regulate a number of factors, including usage frequency and load capacity. These technological advancements should benefit the market as a whole.
According to FMI, throughout the forecast period from the years 2022 to 2032, the elevator and escalator market is expected to develop at a CAGR of 5.3%.
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Together with population growth, the construction industry is growing as a result of global infrastructure development. The elevator and escalator market has been presented with growth potential as a result. The demand for elevators and escalators is expected to grow even though they require specialised handling and maintenance costs.
Some of the key takeaways from the report are highlighted below-
Product-wise, elevator is expected to lead the market followed by escalator during the forecast period
Load type-wise, passenger segment will exhibit hegemony in the coming years
New system installation type is set to gain traction in the global market
Commercial end use segment is projected to exhibit highest growth followed by the residential segment throughout the forecast period
New-age IoT technology will cater to the steady market growth in the near future
East Asia elevator and escalator market will maintain the lead while emerging as the highest growing market among all other regions
“As the building and construction industry is expanding rapidly, the demand for elevators and escalators is rising higher. To capitalize on prevailing opportunities, market players are launching novel cutting-edge technologies that offer more sophisticated functionalities in elevator and escalator. This is anticipated to create lucrative growth opportunities for the market in the coming years,” says an FMI analyst.
Who is Winning
The leading market participants are concentrating on releasing cutting-edge designs to acquire a competitive edge as the elevator and escalator industry potential rises significantly. As an illustration, DOPPLER S.A. will introduce its DOPPLER Lift Hygiene Solutions in 2022, which will include an air steriliser with UV photo catalytic sterilisation and UV antibacterial light disinfection system.
In June 2022, Kone Corporation will introduce Kone Health & Wellbeing Solutions for Elevators and Escalators, which include escalator handrail sanitizers, remote elevator calls via WhatsApp, elevator air purifiers, and others.
Doppler S.A, Kone Corporation, Orona Group, EMAK Elevator, Sanyo Elevator (Zhuhai) Co., Ltd., and others are a few of the top businesses in the market.
Key Segments Profiled in the Elevator and Escalator Market Survey
By Product:
Hydraulic Elevators
Traction Elevators
Machine Elevators
Room-Less Elevators
Step Type Elevators
Belt Type Elevators
Cleat Type Elevators
Spiral Elevators
Vacuums
By Load:
Passenger
Freight
Observation
By Installation:
New System & Installation
Retrofit
By End User:
Residential
Commercial
Hostels
Hospitals
Infrastructure & Construction
Transportation & Logistics
By Region:
North America
Latin America
Asia Pacific
MEA
Europe
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Hydrogen Electrolyzer Market Perceive Robust Expansion by 2022-2032
The global hydrogen electrolyzer market is expected to grow at a CAGR of 24.2% over the forecast period of 2022-2032. The market valuation is set to reach US$ 3.7 Billion by the end of 2032. Rising demand for hydrogen gas across various end-use sectors is estimated to drive growth in the hydrogen electrolyzer market during the forthcoming years.
Development of new technologies to reduce the operational cost of hydrogen electrolyzers is anticipated to fuel the market. Moreover, rising awareness about the harmful effects of carbon emissions worldwide are set to create new growth opportunities in the market.
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Key Takeaways: Hydrogen Electrolyzer Market
By product type, sales of PEM electrolyzers are expected to grow at a CAGR of 25.2% during the forecast period.
By outlet pressure, the low (<= 10 bar) segment is anticipated to dominate the market and is expected to account for about 2/3rd of the share.
By end use, the transportation segment is projected to lead the hydrogen electrolyzer market and create an absolute $ opportunity worth US$ 905.5 Mn in 2032.
In terms of region, the Europe hydrogen electrolyzers market is estimated to exhibit a CAGR of 24.1%.
“Increasing demand for hydrogen fuel due to rising investments in novel programs for reducing carbon emissions globally is set to create new growth opportunities for companies in the hydrogen electrolyzers market,” says a FMI analyst.
Competitive Landscape: Hydrogen Electrolyzer Market
Leading Companies Profiled in Hydrogen Electrolyzer Market are
Nel Hydrogen
Siemens AG
McPhy Energy
ITM Power Plc
Tianjin Mainland Hydrogen Equipment Co. Ltd
Gaztransport & Technigaz
Giner Inc.
GreenHydrogen Systems
iGas Energy GmbH
Beijing CEI Technology Co., Ltd.
Next Hydrogen
Air Liquide
Ballard Power Systems
Enapter
Plug Power Inc.
Bloom Energy
others
Manufacturers are strategically collaborating with technology companies for co-developing new products and gaining a competitive edge. A few others are looking forward to helping the oil and gas industry by providing technologically advanced products.
Hydrogen Electrolyzer Market Outlook by
CategoryBy Product Type:
Proton Exchange Membrane (PEM) Electrolyzer
Alkaline Electrolyzer
Solid Oxide Electrolyzer
By Capacity:
Low (<= 150 kW)
Medium (150kW–1mW)
150-400 kW
400-750kW
750-1mW
High (> 1mW)
1 – 10 mW
10 – 20 mW
Above 20 mW
By Outlet Pressure:
Low (<= 10 Bar)
Medium (150 Bar–40 Bar)
High (> 40 Bar)
By End Use:
Ammonia
Methanol
Refining/ Hydrocarbon
Electronics
Energy
Power to Gas
Transport
Metal Production & Fabrication
Pharma & Biotech
Food & Beverages
Glass Industry
Other Industrial
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Industrial Cooling Systems Market Insights and Forecast by 2033
According to Future Market Insights’ most recent market estimate, the industrial cooling systems market is worth US$ 20.98 billion in 2023. A CAGR of 6.1% is anticipated in the market during the forecast period.
Strict environmental laws, higher investments in the chemical industry, and rising demand for energy-efficient systems offer a fresh outlook for the industrial cooling systems market. Also, institutions that use thermal and nuclear energy are observing an increase in demand for industrial cooling systems.
Due to the growth of the industrial manufacturing sector, there is a greater demand for industrial cooling systems in all key rising nations. The mechanisms mentioned above are necessary to maintain the temperature needed for chemical reactions.
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Key Takeaways
The industrial cooling systems market is likely to have a CAGR of 6.1% during the forecast period.
Historically, the industrial cooling systems market had a CAGR of 5.5% between 2018-2022.
The value of the industrial cooling systems market is expected to be US$ 37.92 billion by 2033.
Based on type, evaporation cooling systems hold 35% share of the industrial cooling systems market by 2033.
Based on function, the transport cooling segment is anticipated to experience the highest CAGR of 5.9% over the projection period.
With a CAGR of 5.9% throughout the forecast period, US market participants are significantly boosting the demand for industrial cooling systems.
From 2023 to 2033, the industrial cooling systems market in China is anticipated to expand at a CAGR of 8.5%.
During the predicted period, the UK is forecast to expand at a CAGR of 5.7%, and is estimated to be valued US$ 5.55 billion by 2033.
Competitive Landscape
The market for industrial cooling systems is fiercely competitive, with many well-known players fighting for supremacy. To obtain a competitive edge in the market, these businesses are working incredibly hard to create cutting-edge, energy-efficient products.
Many new competitors are also joining the market, including Enertech Industries, LLC and Cooling Systems, Inc., who provide their clients with specialised and tailored cooling solutions.
To diversify their product offerings, these businesses are investing in R&D to create new goods and technology. To increase their market penetration, businesses are concentrating on strategic alliances and collaborations.
Recent Developments:
Johnson’s Controls revealed the opening of an R&D and testing facility in the US in April 2018. The company is now able to supply the HVAC sector with cutting-edge and outstanding products thanks to the expanded facilities. Companies also provide a variety of product categories across different industries.
On September 1st, 2000, SPX Cooling Technologies unveiled the Marley BasinGard filters for cooling towers. By removing debris, fibers, and pipe rust, the BasinGard filter protects the hot water reservoir’s flow inside the cooling tower.
Key segments
By Product Type:
Hybrid Cooling
Water Cooling
Air Cooling
Evaporative Cooling
By Function:
Transport Cooling
Stationary Cooling
By End-User:
Utility and Power
Chemical
Food & Beverage
Chemical
Pharmaceutical
Oil and Gas
Others
By Region:
North America
Latin America
Europe
East Asia
South Asia and Pacific
Middle East & Africa
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Wear Plates Market Perceive Robust Expansion by 2021-2031
The global wear plate market is expected to register year-on-year growth of 5.1% in 2021, reaching US$ 6.9 Billion by the end of 2021. Wear plates are used in a variety of end-use sectors to assure the long-term safety of the equipment.
Because it lasts longer than any other steel, it also costs less to maintain. The weight of the equipment is reduced by 30–40% thanks to wear-resistant steel plates. As a result, between 2021 and 2031, the global market for wear plates is expected to develop at a CAGR of 6.3%.
Due to rising demand from end-use applications, North America is expected to maintain its position as a significant wear plate market regionally over the forecast period. Through 2031, sales in North America are anticipated to grow rapidly at a CAGR of 7.0%.
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2016-2020 Global Wear Plate Market Outlook Compared to 2021-2031 Forecast
Future Market Insights (FMI) predicts that the market for wear plates will rise rapidly in the near future as a result of the increase of end-use industries and manufacturing applications.
During the course of the forecast period, demand for wear plates is anticipated to rise as a result of expanding applications in the waste management, pulp & paper, chemicals, and other industries. Growing R&D initiatives will consequently spur the market for wear plates to grow more quickly.
Historically, the wear plate market grew at 2.0% CAGR between 2016 and 2020. Increasing material cost and lack of professional labour hampered the demand for wear plates in various end-use sectors, severely impacting the growth.
As per FMI, the sales in the wear plate market are likely to increase at a CAGR of 5.8%, in terms of volume over the assessment period of 2021-2031. Growth in the market is attributable to increasing applications in mining, power generation, steel & aluminium mills, and others.
Will Increasing Application in End-Use Industries Propel the Sales of Wear Plates?
Wear plates protect the equipment by coating it with a protective layer. It aids in the prevention of damage and ensures proper usage, extending the usable life of each piece of equipment.
Every movement creates abrasion as the mechanical pieces, which are usually made of metal, grinding against each other. If it breaks, the replacement cost and the cost of unwanted downtime, will be inefficient.
Protecting the most vulnerable parts of the equipment with protective covers is one way to prevent harm. Hence, end users are providing safe and secure communication between suppliers and customers to protect the machinery.
Competitive Landscape
Over the past few years, numerous acquisitions and expansion activities has been witnessed to improve the supply of the wear plate market. Several key players are also focusing on improving the efficiency of products for various applications.
Meanwhile, some of the manufacturers are establishing their manufacturing facilities for the untapped potential and to strengthen their global presence, especially in U.S., India, Germany, and China.
For Instance,
In 2021, ArcelorMittal has announced that its Sestao steel facility in Spain will be the first full-scale zero-carbon steel plant in the world. The Sestao facility will produce zero carbon emissions by using green hydrogen and renewable electricity. the Sestao facility – which produces flat steel products for the automotive and construction industries as well as general industry.
In 2021, Bennes Vincent was the first tipper body manufacturer in France to introduce a new Hardox 500 Tuf steel-only product range. Bennes Vincent’s revolutionary “Multi-Blocs” rear tippers have taken the market by storm a year after their launch, promising end-users decreased tare weight, more payload and hence improved profitability.
In 2020, ASGCO is expanding and relocating its headquarters to a new facility in Nazareth, Pennsylvania. ASGCO has purchased 19 acres in eastern Pennsylvania and is now constructing a new facility to fulfill the increased demand for their products and services.
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Regenerative Blowers Market Perceive Robust Expansion by 2023-2033
The regenerative blowers market is predicted to register a valuation of US$ 941.2 million in 2023 and is anticipated to rise to US$ 1,393.21 million by 2033. The market is projected at a CAGR of 4.0% during the forecast period.
Market expansion is fueled by rising consumer demand for low-maintenance gadgets, floor cleaning, and dust removal. Regenerative blowers are increasingly in demand from food and beverage producers to dry food goods. Regenerative blowers are becoming more and more necessary to safely keep food as a result of consumers' evolving eating patterns, including a desire for prepared and preserved meals.
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The healthcare industry's adoption of regenerative blowers for dental vacuum and evacuation is driving market expansion. Sales of regenerative blowers are rising as a result of the growing need for wastewater treatment and the scarcity of water resources. The market size is being supported by government programmes, projects, significant investments, cutting-edge technology, and R&D efforts.
Key Takeaways:
The regenerative blowersmarket is expected to have a valuation of US$ 1,393.21 million by 2033.
With an expected CAGR of 4.0%, the global market is set to rise from 2023 to 2033.
The Asia Pacific regenerative blowers marketis anticipated to secure a maximum share through 2033.
In the historical period, the market secured a CAGR of 3.5% between 2017 and 2022.
In the historical period, the market captured US$ 909.37 million between 2017 and 2022.
The aquaculture segment is expected to secure a growth rate of 2.5% by 2033.
Who is Winning?
The key players are playing a crucial role by investing huge amounts in research & development activities in the global market. The players are innovating unique and advanced products as per end-user demand. These players focus on developing new regenerative blowers with better quality by adopting various marketing tactics and deep analysis.
Prominent vendors are opening several manufacturing plants all around the globe due to increasing consumer requirements. The marketing strategies adopted by key players are collaborations, mergers, acquisitions, agreements, partnerships, and product launches.
Other Key Players in the Regenerative Blowers Market are:
Busch LLC
Eurus Blowers
Ametek Inc.
Hitachi Limited
Gardner Denver
KNB Corporation
Busch SE
Elektron Airsystems GmbH
Atlas Copco
Aerzen
Ingersoll Rand
Xylem
Kaeser Kompressoren
Air Control Industries
Eurus Blowers
Everest Blowers Pvt. Ltd.
ZCJSC
Shandong Zhangqiu Blower Co. Ltd.
Aerzener Maschinenfabrik GmbH
Manvac Technik Limited
Turbo Blower Manufacturer
Recent Developments in the Market are:
In January 2020, Xylem announced its new technology product launch for wastewater, water, and energy in Singapore. The main aim behind this launch is to expand the business on the treatment and distribution of water.
In 2019, Busch Vacuum Solutions acquired Jennings Associates Inc. to upsurge its portfolio to provide better services to its customers in the Eastern Central Region.
Regenerative Blowers Market by Category
By Stage:
Single-stage
Three-stage
Two-stage
By End User:
Water & Wastewater Treatment
Oil & Gas, Food & Beverages
Chemical
Medical & Healthcare
Aquaculture
Industrial
Others
By Region:
North America
Latin America
Europe
South Asia & Pacific
East Asia
The Middle East & Africa (MEA)
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Emergency Beacon Transmitter Market Set for Rapid Growth by 2027
The navy and air force, who instal these items in ships and aircrafts to enable security and safety from unanticipated mishaps such as equipment malfunction, capsizing, and fire, experience strong demand for emergency beacon transmitters. Distress messages are transmitted using the emergency beacon transmitter.
These signals are detected by geostationary (GEOSAR) and low-earth orbit (LEOSAR) search and rescue satellites, which then transmit them to associated ground receiving stations.
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Emergency Beacon Transmitter Market: Drivers and Restraints
Modern technology-enabled devices are becoming more widely available, which is increasing consumer demand. Previous systems for sending distress signals were unreliable since they couldn't precisely locate the location.
On the other hand, the brand-new 406 MHz emergency beacon transmitter comes with a GPS receiver that can identify the actual place where the distress signals were received. As a result, there is a higher need for emergency beacon transmitters.
The expensive installation and upkeep of the emergency beacon transmitter restricts the market's growth. Moreover, licences and regulations are among the vendors' main issues. An emergency beacon transmitter seller is required to register their beacon.
Global Emergency Beacon Transmitter Competitive Landscape
Among others, Honeywell International, Inc., ACR Electronics, Inc., Emergency Beacon Corporation, McMurdo Group, ACK Technologies, Inc., Thales Group, and Cobham Plc. are some of the leading companies in this industry.
The report covers exhaustive analysis on
Global Emergency Beacon Transmitter Market Segments
Global Emergency Beacon Transmitter Market Dynamics
Historical Actual Market Size, 2015 - 2016
Global Emergency Beacon Transmitter Market Size & Forecast 2017 to 2027
Supply & Demand Value Chain for Emergency Beacon Transmitter Market
Global Emergency Beacon Transmitter Market Current Trends/Issues/Challenges
Competition & Companies involved in Emergency Beacon Transmitter Market
Emergency Beacon Transmitter Technology
Value Chain of Emergency Beacon Transmitter
Global Emergency Beacon Transmitter Market Drivers and Restraints
Global Emergency Beacon Transmitter Market: Market Segmentation
Global Emergency Beacon Transmitter Market can be divided into two segments, based on type and end-users.
Segmentation on basis of type in Emergency Beacon Transmitter market:
Emergency Position Indicator Radio Beacon
Emergency Locator Transmitter
Personal Locator Beacon
Segmentation on basis of end-users for Emergency Beacon Transmitter Market:
Aviation
Maritime
Military
Others
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Web Conferencing Market Key Insights, Profiling Companies and Growth Strategies by 2022
When examining the expansion and development of the Web conferencing Market during the pandemic, the analysts at Future Market Insights (FMI) used a multidisciplinary approach. Along with the key conclusions for the forecast period of 2022 to 2032, the study provides insights on the market's important revenue reforms and current development patterns.
In order to provide various Web conferencing Market projections and predictions at the national and worldwide levels, the Future Business Insights research team is focusing on research and market analysis. They considered a variety of types of industry-related information, including market statistics and merger estimations, to appraise and deliver reliable and illuminating insights on the Web conferencing Market.
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Key Players
Adobe Connect
PowWow365
Cauliflower
Elluminate
Cisco WebEx
Epiphan Systems
GoToWebinar
Genesys Meeting Centre
Segmentation
The study offers details on the significant features and current market developments. This aids readers in developing a more thorough understanding and unbiased judgement of the market. For this market, numerous segmentations have been offered based on:
By Component
Solutions
Services
By Deployment
Hosted Web Conference
Software-as-a-Conference
On-premises Web Conference
Managed Web Conferencing
By End Use
Banking and Financial Services
Education
Pharmaceutical/Healthcare
Manufacturing
Media & Entertainment
IT and Telecommunications
Government
Others
By Region
North America
Latin America
Western Europe
Eastern Europe
Asia Pacific
Japan
Middle East and Africa
Market Background
Reasons to Buy the report
The report includes authentic analysis of the market and the present developing trends in the market affecting the growth. FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts.This ensures that the data collected is from highly reliable sources.
We provide accurate insights on various market trends to enable businesses to make informed and beneficial decisions to attain competitive edge over key players.
Our analysts provide detailed market segmentation along with useful insights and extensive reports that other companies fail to include. The report comprises the market trends, key players and shift in the demand throughout the forecasted period.
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Cloud Testing And ASQ Software Market Set for Rapid Growth by 2027
As technology has advanced, a need for continuing application testing has emerged. The time and money required to use traditional application testing techniques are both considerable. Solutions to test applications on the cloud and for the cloud are in high demand because high-quality, effective software across platforms encourages company innovation and competitive positioning.
In order to provide their consumers with an IT infrastructure that is more software-centric, software companies across the globe are investing a sizable amount of money in research and development. These software vendors are looking for cloud-based assistance for software as a service, adaptive infrastructure, and automated software testing (ASQ).
Cloud testing and ASQ software facilitates quick access to both superiority solution and support infrastructure to sustain complex software sourcing and dynamic development. Cloud testing solutions require less resources and less infrastructure investment than on-premise ASQ solutions.
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Cloud Testing and ASQ Software Market: Drivers and Challenges
The global markets for ASQ software and cloud testing are growing as a result of the sector's continual development. Cloud computing is causing changes in the IT sector. Cloud computing enables the adoption of Software as a Service for organisations at a very low cost.
Software as a service is a complex phenomenon that requires ongoing study, yet it gives commercial organisations an agiler framework and increases productivity. The market for cloud testing and ASQ software is anticipated to expand rapidly as more firms embrace mobile applications and workplace mobility solutions.
Cloud Testing and ASQ Software Market: Key Players
Few of the companies in cloud testing and ASQ software market are: Parasoft, SOASTA, Compuware, Hewlett Packard Enterprise, IBM Corporation, Microsoft Corporation, Skytap, Micros Focus, SamrtBear and Cast.
The report covers exhaustive analysis on
Cloud Testing and ASQ Software Market Segments
Cloud Testing and ASQ Software Market Dynamics
Historical Actual Market Size, 2014 - 2016
Cloud Testing and ASQ Software Market Size & Forecast 2017 to 2027
Value Chain
Cloud Testing and ASQ Software Market Current Trends/Issues/Challenges
Competition & Companies involved
Cloud Testing and ASQ Software Market Drivers and Restraints
Cloud Testing and ASQ Software Market: Segmentation
Segmentation on the basis of end-use:
SMEs
Large Enterprise
Segmentation on the basis of vertical:
BFSI
IT and Telecommunications
Healthcare
Retail
Energy and Utilities
Transportation
Others
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Fiber Optic Connectivity Market Perceive Robust Expansion by 2022-2032
According to a recent report by FMI, the Fiber Optic Connectivity Market is anticipated to grow at a rapid CAGR of 9.6% to reach US$ 7.0 billion by 2032, up from US$ 2.5 billion in 2022. This report illustrates how demand for fibre optic technology in numerous industrial sectors, as well as in the submarine and aircraft industries, affects market growth.
The market is also predicted to expand throughout the forecast period as a result of the increased global demand for energy-efficient solutions across numerous sectors. The expansion of the market is also impacted by the demand for fibre optic technology across a variety of industrial sectors, as well as in the submarine and aircraft industries.
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Also, because data transit is so inexpensive, it is anticipated that the market for fibre optic communication would grow. In addition, it is anticipated that several new opportunities brought about by advancements in communication technology will accelerate the expansion of the market for fibre optic connectivity during the course of the anticipated period. Longer distance transmission with lower security risk is a crucial factor that is projected to promote the growth of the Fiber Optic Connectivity market.
Key Takeaways from the Market Study
Global Fiber Optic Connectivity Market was valued at US$ 2.8 Bn by 2022-end
The US to account for the highest value share of US$ 1 Bn of global market demand for Fiber Optic Connectivity Market in 2032
From 2015 to 2021, the Fiber Optic Connectivity demand expanded at a CAGR of 10.1%
By Component, Hardware constitutes the bulk of Fiber Optic Connectivity with a CAGR of 9.4%.
Competitive Landscape
Players in the global Fiber Optic Connectivity Market focus on expanding their global reach through various strategies, such as; partnerships, collaborations, and partnerships. The players are also making a significant investment in R&D to add innovations to their products which would help them in strengthening their position in the global market. Some of the recent developments among the key players are:
In March 2022, In March 2022, Zain Group signed a Memorandum of Understanding (MoU) with Huawei to accelerate 5.5G Innovation to enrich the customer experience across multiple markets. Within the scope of the MoU, Huawei will support Zain Group to optimize its network architecture to extend 5G capabilities to support IoT, Ultra-Reliable Low Latency Communications, uplink centric broadband, real-time broadband communication, harmonized communication, and sensing.
In January 2022, Corning Incorporated announced the launch of a new glass composition to advance the development of augmented and mixed reality (AR/MR) diffractive waveguides for wearable devices. Optical advancements inherent in the glass take the augmented reality experience to the next level through larger, clearer digital content that creates more engaging and immersive user experiences.
In November 2021, HUBER+SUHNER and McLaren launched 5G applications to run on trains, the HUBER+SUHNER SENCITY® Rail ACTIVE Rooftop antenna, which is the first-of-its-kind rail antenna that contains an embedded radio and compute module to offer increased data throughput to support 5G services. It is an all-in-one active antenna with a single ethernet cable input for power and data transmission.
Key Players
Adtell Integration
Adtran Inc.
Broadcom
Cisco Systems Inc.
Corning Incorporated
Fiber Optic Services (FOS)
Finisar Corporation
Fujitsu Optical Components Ltd.
Hamamatsu Photonics K.K.
Huawei Technologies Co.
HUBER+SUHNER AG
Infinera Corporation
OptiLayer GmbH
Optiwave Systems, Inc.
ZTE Corporation
Key Segments Covered in the Fiber Optic Connectivity Market Report
By Component:
Fiber Optic Connectivity Hardware
Fiber Optic Connectivity Software
Fiber Optic Connectivity Services
By Industry:
Fiber Optic Connectivity for Mining
Fiber Optic Connectivity for Oil & Gas
Fiber Optic Connectivity for Wind Power
Fiber Optic Connectivity for Electric Substations
Fiber Optic Connectivity for Smart Cities
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Spectrum Analyzer Market Perceive Robust Expansion by 2017-2027
When an electric signal passes through a system, spectrum analyzer, such as real-time spectrum analyzers, are used to examine the frequency and amplitude of the signal in a logarithmic scale. Spectrum analyzers are frequently used in electrical device production, design, field maintenance, and repairs. They are also employed for performance evaluation, error identification, and error debugging.
Modulation quality must be assessed in order for data to be transferred efficiently, which is crucial for both the transmitter and the receiver ends. A spectrum analyzer's signal to noise ratio and noise figure tests are essential components that improve the system's overall performance.
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Spectrum Analyzer: Drivers and Challenges
The primary driver of the global market for spectrum analyzers is the rising acceptance of wireless technologies among customers. This increase has been substantial. Some significant driving factors for spectrum analysis include the growing popularity of portable and handheld spectrum analyzers, multitasking capabilities, bandwidth expansion, and frequency improvement. The significant demand for used spectrum analyzers is currently one of the main growth bottlenecks for the market for these devices.
The market for spectrum analyzers is highly constricted because there aren't many inexpensive models available with the most features. Yet, it is projected that the market for spectrum analyzers will benefit from the widespread adoption of LTE (Long Term Evolution) services in the future.
Spectrum Analyzer: Key Players
Anritsu Corporation, Avcom, B&K Precision Corporation, Cobham PLC, Fortive Corporation, Giga-Tronics Incorporated, Keysight Technologies, LP Technologies, National Instruments Corporation, Rohde & Schwarz, GmbH & Co., Stanford Research Systems, Teledyne Lecroy, and Yokogawa Electric Corporation are a few of the major players in the spectrum analyzer market.
The report covers exhaustive analysis on
Spectrum Analyzer Market Segments
Spectrum Analyzer Market Dynamics
Historical Actual Market Size, 2014 - 2016
Spectrum Analyzer Market Size & Forecast 2017 to 2027
Value Chain
Spectrum Analyzer Current Trends/Issues/Challenges
Competition & Companies involved
Spectrum Analyzer Market Drivers and Restraints
Spectrum Analyzer: Segmentation
Segmentation on the basis of network technology:
Wired
Wireless
Segmentation on the basis of offering:
Product (Type, Frequency Range, Form Factor)
Software (Apps and OS)
Segmentation on the basis of type:
Swept-Tuned Spectrum Analyzer
Vector Signal Spectrum Analyzer
Real-Time Spectrum Analyzer
Fast Fourier Transform (FFT)
Parallel Filter Analyzer
Segmentation on the basis of end user:
IT & Telecommunication
Medical & Healthcare
Semiconductors & Electronics
RF Tuning Method
Super Heterodyne
A&D
Segmentation on the basis of form factor:
Handheld Spectrum Analyzer
Portable Spectrum Analyzer
Benchtop Spectrum Analyzer
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Field Service Management Market Future Strategies and Growth Forecast till 2032
The field service management market is projected to reach USD 10.3 billion in 2032, growing at a CAGR of 11.1% from 2022 to 2032.
In 2021 and 2022, respectively, the market is projected to reach USD 3.2 billion and USD 3.6 billion. The industry's quick adoption of automation and digitization, as well as the increased demand for real-time visibility, are both credited with the market's expansion.
From a projected value of US$ 3.2 billion in 2021, the field service management market is anticipated to increase by 12.5% annually to reach US$ 3.6 billion in 2022. The market is anticipated to increase at a CAGR of 11.1% from 2022 to 2032 and reach US$ 10.3 billion.
The following factors help the market expand:
During the course of the projection period, the market will be driven in addition to the increased usage of automation and digitization in the workplace by the growing demand for mobility for real-time visibility.
The use of cloud-based FSM solutions is being driven by the expanding need for IoT, which is expected to provide the industry significant chances in the coming years. The largest impact is from the implementation of field management software.
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Key Takeaways from the Market Study
The global field service management market to expand at a CAGR of 11.1%
The global field service management market to hold a value of USD 10.3 Bn
The solution segment to record an 11.1% growth rate
The on-premise segment to witness a 10.9% expansion rate
The market in the US to secure USD 3.6 Bn in 2032
The market in the U.K to record a CAGR of 10.1% during the forecast period
“Rapid adoption of automation and digitalization is expected to propel adoption of field service management solutions across a wide range of end use industries,” remarks an FMI analyst.
Competitive Landscape
Players in the global field service management service adopt various strategies to enhance their reach in the global market. Key players in the global field service management market include SERVICEMAX, ORACLE, SALESFORCE, MICROSOFT, INFOR, among others. Key developments among the players are:
In 2019, SalesForce Inc., a US-based cloud software company acquired ClickSoftware Technologies for USD 1.35 Bn. With this acquisition, Salesforce Inc. enhanced the expansion of its Service Cloud software and improved its Field Service Lighting (FSL).
In March 2021, IFS AB rolled out IFS Cloudto help businesses in orchestrating customers, people, and assets to deliver end-to-end capabilities. Customers can integrate human capital management, enterprise resource planning, and asset management to provide improved field services.
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Parental Control Software Market Perceive Robust Expansion by 2022-2028
The parental control software market is supposed to increment from US$ 124.6 Mn in 2022 to US$ 223.1 Mn by 2028, growing at a CAGR of 10.2% regarding income during the figure time frame (2022-2028).
In a separate analysis from Future Market Insights, the parental control software market is tracked in terms of value and is positioned to gain market income gauges.
Young people are now increasingly interested in objects that can be connected to the Internet as a result of greater mechanical improvements.
In order to engage in a variety of activities including playing online games, live streaming, chatting with friends, listening to music, watching movies, and more, kids and teenagers are increasingly using Internet-enabled devices like smartphones, tablets, Macs, and TVs.
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Parental Control Software Market: Segmentation & Analysis
In order to comprehend and assess the demand and potential in the parental control software industry, the study is methodically separated into three key categories, including market analysis by deployment, by platform, and by region.
The section headed "Market Analysis by Deployment" provides comprehensive market analysis of parental control software based on on-premises and cloud deployment for the years 2022 to 2028. The cloud industry led the market for parental control software in 2017, followed by the on-premises industry. During the course of the projection year, the parental control software market is expected to experience revenue growth at a CAGR of 10.1%, with the cloud sector outpacing the on-premises segment.
Key Segments Covered in Parental Control Software Industry Report
Parental Control Software by Deployment:
On-Premise Parental Control Software
Cloud Parental Control Software
Parental Control Software by Platform:
Android-based Parental Control Software
iOS-based Parental Control Software
Windows-based Parental Control Software
Parental Control Software by Region:
North America Parental Control Software Market
Latin America Parental Control Software Market
Europe Parental Control Software Market
East Asia Parental Control Software Market
South Asia & Pacific Parental Control Software Market
Middle East & Africa Parental Control Software Market
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Inertial Sensing Products Market: Key Players, Growth, Analysis, by 2027
A class of specialised sensors known as inertial sensors work on the idea of inertia, whereby a slight displacement brought on by nearby vibrations and oscillations causes the sensor's material to produce an electronic output signal. With the development of the semiconductor electronics sector, the market for inertial sensing products has changed as manufacturers offer cutting-edge and effective sensor devices.
Once the sensor material has completed the required calibration to provide the desired output signal, the sensors are incorporated into an electronic component. Equipment and item displacement, positioning, and motion tracking are common applications for inertial sensing products.
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Inertial Sensing Products Market: Market Dynamics and Trends
Many end-use industries, including exploration, mining, aerospace, automotive, military, and car, frequently drive the market for inertial sensing equipment. where motion tracking, measurement, and navigation are successfully accomplished as a common purpose.
The market expansion is predicted to continue on a positive note with an expanding spectrum of applications and its corresponding consumption in the aforementioned end use sectors in the form of research & development processes and as an end equipment / device. The market for inertial sensing apparatus might be constrained, nevertheless, by a slowdown in end-use industries including mining and the auto industry.
Inertial Sensing Products Market: Market Participants
The competitive landscape of the market for inertial sensing goods is dominated by both major and small size rivals. A few examples of market participants in the global inertial sensing products market include Honeywell International Inc., Analog Devices, NXP Semiconductors N.V., ROHM Semiconductors, STMicroelectronics, Murata Manufacturing Co., Ltd., InvenSense Inc., Maxim Integrated, First Sensors AG, LORD Microstrain, TE Connectivity, Xsens, and Sparton Inc.
The report covers exhaust analysis on
Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
Inertial Sensing Products Market: Product Segmentation
The Inertial Sensing Products market can be segmented mainly on the basis of product type, motion and end use.
The Inertial Sensing Products market can be segmented on the basis of product type as follows;
Accelerometers
Gyroscopes
The Inertial Sensing Products market can be segmented on the basis of motion as follows;
1D plane (x axis)
2D plane (x -y axis)
3D plane (x -y -z axis)
The Inertial Sensing Products market can be segmented on the basis of end use as follows;
Defense (Marine and Naval)
Aerospace
Mining
Automotive
Industrial Automation
Others (Gaming & Simulation, Vehicular Traffic Management, etc.)
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Product Information Management Market Set for Rapid Growth by 2027
Future Market Insights recently released a new research report titled "Product Information Management Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)" that includes a number of market statistics as well as an analysis of the current situation, historical data, and prospective market insights. Every aspect of the product information management market is examined through a thorough market segmentation, providing a comprehensive view of the market.
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Global Product Information Management Market: Segmental Snapshot
The global product information management market is segmented by component, by deployment, by industry, by enterprise type and by region.
By component, the software segment is expected to dominate the global market in terms of market share and is estimated to reach a value of more than US$ 1 Bn by the end of the assessment year
By deployment type, the on-premise segment is likely to lead the market with a higher market valuation. However, the software-as-a-service (SaaS) segment is projected to grow at the highest pace to register an exponential CAGR of 24.2% throughout the period of forecast
By industry, the retail segment is poised to reach a value of about US$ 2,812.5 Mn by the end of 2027. This is the largest segment reflecting higher revenue generation during the assessment period. On the other hand, the transportation and logistics segment is expected to grow at a comparatively faster rate in the years to follow
By enterprise type, the large enterprises segment is poised to reach a valuation higher than the small and medium enterprises segment thus dominating the market. The small and medium enterprises segment is anticipated to grow at a much faster rate to reflect a CAGR of 22.7% during the period of assessment, 2017-2027
By region, North America is the largest regional market for product information management, presenting a high market attractiveness. The product information management market in North America is expected to reach US$ 3120.1 Mn by 2027 end
Regional Outlook on Industry Segments
The product information management market is exploding in growth in several important global areas. Retail is the largest sector in North America, followed by manufacturing, which is projected to reach US$ 580 million by the end of the assessment year. In Western Europe, it is expected that the manufacturing industry category would grow at the fastest rate throughout the projection period, followed by the healthcare sector.
In the years to come, the manufacturing sector is anticipated to be the biggest and most profitable in the Asia Pacific excluding Japan (APEJ) area. It is anticipated to increase at a rapid CAGR of 25.0% throughout the forecast period, reaching an estimated value of over US$ 675 Mn by the end of the assessment year.
Global Product Information Management Market: Future Projections
The global product information management market, which was estimated to be worth around US$ 1.8 Bn in 2017, is predicted to develop at a very high CAGR of 21.0% over the course of the forecast year, reaching a value above US$ 12 Bn by the conclusion of the assessment period.
Global Product Information Management Market: Growth Influencing Factors
In this research report, a number of factors driving the development of the worldwide product information management market are examined. A number of factors, including an increase in the number of products and the growing importance of reducing errors in product information, an increase in the demand for centralised data, an increase in the adoption of product information management solutions in the retail sector, the emergence of digital asset management, an increase in the requirements for data verification and authenticity, and an increase in consumer demand for advanced technology. Additionally, advantages like assistance with customer tracking and handling intricate product data are also boosting the growth of the global product information management market. However, a number of factors, including a lack of awareness, interoperability problems, high deployment running costs, lengthy implementation times, and difficulties integrating data, are creating barriers to the expansion of the global market's revenue.
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Event Management Software MarketPerceive Robust Expansion by 2022-2032
A latest market study by Future Market Insights on the event management software market provides a thorough analysis of the most crucial market characteristics.Both a potential assessment for 2022–2032 and a global End-user analysis for 2016–2020 are included. By doing extensive research on the market's historical and current development parameters, the development possibilities of the market are ascertained with the highest accuracy.
The market for event management software is anticipated to grow at a CAGR of 14.1% during the forecast period. The market is anticipated to be valued $7.75 billion in 2022.
The cream cheese market is anticipated to reach a peak of US$28.98 billion by 2032. The historical CAGR for the relevant market has been determined by specialists at Future Market Insights to be 12.1%.
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COVID-19 Paved Way for Growth
The continuous COVID-19 epidemic is causing health concerns to spread over the globe and has a significant impact on business, particularly when it comes to hosting events. Since the pandemic began, the majority of events have been postponed or relocated. Even major gatherings like Mobile World Congress and the HIMSS Global Healthcare Conference & Expo had to be cancelled due to the pandemic scenario.
Key Takeaways of Event Management Software Market Study
The cloud based deployment to grow 4.0x of the current market value by the end of 2031
Increasing penetration of IoT and real-time analytics will drive growth in U.S., enabling it to account for a little below 65% of North America market in 2021
Double-digit y-o-y growth at over 10% will seal U.K.’s position as a lucrative market within Europe
Increasing number of events organized in Germany and France, will drive Europe event management software market
Within East Asia, Japan and South Korea are expected to emerge as strong markets, exhibiting double-digit growth
Rising Demand for Mobile Event Management Applications
Every day that goes by, more and more people are using apps, and many of them are now thought to be essential for most organisations. The event sector is benefiting from the event applications by making processes quicker, simpler, and more interactive. One of the biggest event trends has been the rise in popularity of interactive mobile event applications. As a result, customers are calling for more event applications with more features.
Competitive Landscape
To diversify their product offering, businesses are forming partnerships with major technological organisations. They are concentrating on forming partnerships with companies that provide complementary goods, services, and technology in order to expand their market reach and technological prowess. Through the use of its best-in-class solutions and end-to-end capabilities, this strategy has helped the business quickly expand into a global provider with the goal of providing high-quality services.
Cvent Inc.
InEvent, Inc.
Ungerboeck
Eventzilla
Certain, Inc.
Eventbrite
Arlo
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Anti-Money Laundering (AML) Software Solution Market Scope of Current and Future Industry 2027
The anti-money laundering software solutions market is expanding globally because it enables financial institutions, banks, and other businesses to track suspicious transactions and evaluate consumer information. AML software solutions are available in a number of categories, including compliance software, customer identification management, and currency transaction reports.
Anti-money laundering offers tools to report suspicious behaviour in real-time as well as real-time notifications to improve security and operational performance. AML also gives firms access to a fully integrated data model, data warehouse, and data standardisation that covers every aspect of trade and account activity.
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Anti-Money Laundering (AML) Software Solution Market: Drivers and Challenges
The market for anti-money laundering (AML) software solutions is primarily driven by increased laws, regulatory enforcement measures, and next-generation technologies that encompass anti-money laundering and fraud management across the organisation.
Also, it has become necessary for financial organisations to recognise the relevance of compliance and to invest in anti-money laundering technologies in order to reduce risk factors in company operations.
Governments are pushing firms to employ anti-money laundering software in order to stop unlawful financing operations.
Anti-Money Laundering (AML) Software Solution Market: key players
Some of the top companies in the speech anti-money laundering software solution market include Fiserv Inc., SAS Institute Inc., NICE Actimize Inc., Norkom Technologies Ltd., IBM, TCS, Oracle Corp., Infosys, 3i Infotech Ltd., Accuity Birst Inc., ACI Worldwide Inc., Acquilan Technologies Inc., Ficrosoft, Cellent Finance Solutions AG, EastNets Ltd., Ficrosoft Infor Global Solutions, and FIS.
Anti-Money laundering Software Solution Market Segments
Anti-Money laundering Software Solution Market Dynamics
Historical Actual Market Size, 2013 - 2015
Anti-Money laundering Software Solution Market Size & Forecast 2017 to 2027
Value Chain
Anti-Money laundering Software Solution Market Current Trends/Issues/Challenges
Competition & Companies involved
Anti-Money laundering Software Solution Market Drivers and Restraints
Anti-Money Laundering (AML) Software Solution Market: Segmentation
Segmentation on the basis of type:
Transaction Monitoring Systems
Currency Transaction Reporting
Customer Identity Management Systems
Compliance Management Software
Segmentation on the basis of industry:
BFSI
IT and Telecommunications
Manufacturing
Transportation and Logistics
Defense and Government
Healthcare
Retail
Energy and Utilities
Others
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Zigbee Enabled Devices Market Perceive Robust Expansion by 2017-2027
Due to the increasing need for wireless technologies with low costs and power consumption, new standards like ZigBee have to be created. One of the key technological advancements in the wireless communication industry is this. The ZigBee standard uses the Institute of Electrical and Electronics Engineers (IEEE) 802.15.4 physical radio specification in multiple bands, including 2.4 GHz, 900 MHz, and 868 MHz, for device-to-device communication in the Internet of Things industry.
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Zigbee Enabled Devices Market: Market Dynamics
The demand for ZigBee-enabled devices is growing as different applications place more emphasis on flexibility and mobility. It has also been observed that most consumers are shifting toward gadgets with wireless intelligence capabilities to give real-time communication features. With this strategy, device makers can create Zigbee-enabled products to meet market demand.
The expanding demand for energy-efficient wireless technologies is what is driving the market for ZigBee-capable goods. The ability of ZigBee technology to connect to a large number of devices in smart homes and industries while using little money and power is driving up the demand for ZigBee Enabled Devices.
Competitive Landscape
Microchip Technology Incorporated, Digi International Inc., NXP Semiconductors, Renesas Electronics Corporation, and Texas Instruments Incorporated are a few of the leading companies in the Zigbee Enabled Devices industry.
The report covers exhaustive analysis on
Zigbee Enabled Devices Market Sgments
Zigbee Enabled Devices Market Dynamics
Historical Actual Market Size, 2013 - 2015
Zigbee Enabled Devices Size & Forecast 2017 To 2027
Supply & Demand Value Chain
Zigbee Enabled Devices Market Current Trends/Issues/Challenges
Competition & Companies involved
Zigbee Enabled Devices Technology
Zigbee Enabled Devices Value Chain
Zigbee Enabled Devices Market Drivers and Restraints
Zigbee Enabled Devices Market Segmentation
Zigbee Enabled Devices Market can be segmented on the basis of Devices, Application and Geography
Segmentation of Zigbee Enabled Devices Market on the basis of Devices:
Zigbee Coordinator
Zigbee Router
Zigbee End Device
Others
Segmentation of Zigbee Enabled Devices Market on the basis of Application:
Industrial Automation
Home Automation
Smart Metering
Smart Grid Monitoring
Others
Segmentation of Zigbee Enabled Devices Market on the basis of geography:
North America (U.S., Canada)
Latin America (Mexico, Brazil)
Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
Eastern Europe (Poland, Russia)
Asia-Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
The Middle East and Africa (GCC, S. Africa, N. Africa)
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