#marketsegment

[livinginsouthflorida]

Miami Real Estate Market Update and forecast for 2018

[prachireport-prime1]

Aluminum Curtain Walls Market Growth, Trend, and Prospects from 2023–2030

Aluminum Curtain Walls Market Growth

The Aluminum Curtain Walls Market is expected to grow from USD 39.30 Billion in 2022 to USD 64.45 Billion by 2030, at a CAGR of 8.00% during the forecast period.

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Aluminum Curtain Walls Market Size

Aluminum curtain walls are an exterior building facade system that consists of pre-fabricated aluminum panels and frames. The market research report for aluminum curtain walls is segmented based on type, application, region, and market players. The types include stick-built, semi-unitized, and unitized curtain walls and the applications include commercial, public, and residential buildings. The report analyzes the market players, such as JiangHong Group, Grandland Group, Yuanda China, Oldcastle BuildingEnvelope, Apogee Enterprises, China Aviation Sanxin, Kawneer, China Fangda Group, Aluprof, Vitra Scrl, Aluk Group, Zhongshan Shengxing, G.James Glass & Aluminium, Raico, Reynaers, PETRA Aluminium, Alumil, Alutech, EFCO, GUTMANN, HansenGroup, Heroal, and Permasteelisa. The report also focuses on the regulatory and legal factors that are specific to the aluminum curtain walls market conditions. These factors include building codes, environmental regulations, safety regulations, and labor laws in the regions of North America, Asia Pacific, Middle East, Africa, Australia, and Europe.

Aluminum Curtain Walls Market Key Players

Major Key Player is listed in the Aluminum Curtain Walls Market

JiangHong Group

Grandland Group

Yuanda China

Oldcastle Building Envelope

Apogee Enterprises

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Aluminum Curtain Walls MarketSegment Analysis

The Aluminum Curtain Walls market targets construction companies and contractors who specialize in building high-rise buildings, commercial buildings, and other large structures. The curtain walls are used as a cladding system to enhance the building’s appearance and provide weather protection. The market is driven by the increasing demand for energy-efficient and sustainable buildings, which require curtain walls as they reduce the energy demand for heating, lighting, and cooling.

Moreover, the growth of urbanization and industrialization is also contributing to the growth of the aluminum curtain walls market. The trend towards modern architecture, which includes the use of glass and aluminum, is fueling the demand for curtain walls. The increasing use of building information modeling (BIM) is also a major factor driving the market since it allows architects to create complex shapes and designs for the curtain walls.

The latest trend in the Aluminum Curtain Walls market is the use of electrochromic glazing technology to reduce energy consumption in buildings. This technology enables the glass to change color opacity and tint in response to external stimuli, such as sunlight or temperature. Additionally, manufacturers are focusing on improving the strength and durability of aluminum curtain walls to ensure longevity and safety.

One of the major challenges facing the Aluminum Curtain Walls market is the fluctuation in raw material prices, including aluminum and glass. This results in higher manufacturing costs, affecting the overall pricing process. Furthermore, the installation of curtain walls can be complex and requires specialized skills and knowledge. As a result, the availability of skilled labor has become a challenge, which impacts the installation time and quality of the end product.

The report’s main findings indicate that the Aluminum Curtain Walls market is expected to grow significantly in the coming years due to the rising demand for energy-efficient and sustainable buildings. The electrochromic glazing technology, coupled with the increasing focus on strength and durability, will drive the market’s growth.

The report recommends that manufacturers invest in research and development to come up with more advanced technologies that can mitigate raw material price fluctuations. Additionally, they should focus on providing training and skills development to enhance the availability of skilled labor. Finally, manufacturers should adopt a customer-centric approach in their product design and marketing to cater to the evolving needs of the customers.

This report covers impact on COVID-19 and Russia-Ukraine wars in detail.

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Market Segmentation (by Application)

Commercial Building

Public Building

Residential Building

Information is sourced from www.reportprime.com

[marketsizereports]

ProCell introduces new device for blood conservation during surgery

ProCell Surgical has sent off a restrictive clinical gadget ProCell to mechanize the manual movement of surgical wipe blood recuperation for intraoperative autotransfusion (IAT).

The new gadget is intended to empower robotized and more proficient blood assortment process. Hand-wringing is viewed as a tedious interaction, which will in general shift contingent upon an individual's solidarity, method and endurance.

The organization said that ProCell will reinforce the medical clinic's surgical blood protection endeavors during the medical procedure.

The gadget utilizes an operating room's standard vacuum pull to apply a steady compressive power to extricate blood really from surgical wipes.

Through its own pull tubing, the recuperated blood will be shipped off the cell saver equipment where it is handled. It will be then re-mixed into the patient over a similar surgical technique.

IAT, which has been displayed to decrease the prerequisites for contributor blood bondings during medical procedure, is regularly utilized in the operating room equipment market.

ProCell Surgical Chief and co-innovator of the gadget Robert Krensky said: "ProCell Surgical's wipe blood recuperation framework brings the main robotized development for wipe blood recuperation straightforwardly to the operating room table.

"It is not difficult to work and can be utilized more than once during its single-case use. ProCell basically shuts the innovation hole that existed during this significant primer period of IAT."

For more Operating Room Equipment marketsegment insights, download a free report sample

Remarking on the new turn of events, ProCell Surgical COO Mike Kehoe said: "In my 30 or more long stretches of overseeing clinical gadget organizations, this is the principal item that I have been engaged with that isn't just savvy and restrictive yet addresses a generational change in perspective in the way to deal with protection of blood during a medical procedure."

[monolithsolutions]

There are numerous advantages to using social media to promote your small business. Firstly, social media networking provides you with a far reach than a limited advertising budget. Secondly, your small business can take off if you are creative with your social media marketing tools. It is essential to focus on the social media platforms that are most popular with your target market. Read more for the top 4 advantages: https://1l.ink/6WTFZC6 #segment #marketsegment #audience #advertising #visibility #reach — view on Instagram https://ift.tt/hg50fR2

[humanengineers]

How to Choose the Best SEO Marketing Consultant for a B2B Company

[jayanthitbrc]

China Arts Market Demand – Potential Opportunities

The Business Research Company published its Arts Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global arts market. The report covers the arts market’s segments- museums, historical sites, zoos, and parks, independent artists and performing art companies, sports and arts promoters, museums, historical sites, zoos & botanical gardens, nature parks and other similar institutions, visual arts, performing arts, sports promoters, and arts promoters.

View Complete Report: https://www.thebusinessresearchcompany.com/report/arts-global-market-report

Arts Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth. It covers all the regions, key developed countries, and major emerging markets. It draws comparisons with country populations and economies to understand the importance of the market by country and how this is changing. The major regions included in the report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The rise of independent formats augmented reality, and collaborations between art organizations and businesses are the major trends witnessed in the global art market. With the growing popularity of live festivals and other events in countries such as China and India and the use of social media to promote art events, the scope and potential for the global art market is expected to significantly rise in the forecast period.

Request A Sample “Global Arts Market” Report: https://www.thebusinessresearchcompany.com/sample.aspx?id=1917&type=smp Few Points From Table Of Content 1. Executive Summary 2. Report Structure 3. Arts Market Characteristics 4. Arts Market Product Analysis 5. Arts Market Supply Chain ……. 20. Arts Market Competitive Landscape 21. Key Mergers And Acquisitions In The Arts Market 22. Market Background: Recreation Market 23. Recommendations 24. Appendix Few Points From List Of Table Table 1: Historic Market Growth, Value ($ Billion) Table 2: Forecast Market Growth, Value ($ Billion) Table 3: Global Arts Market, 2018, By Region, Value ($ Billion) …… Table 118: Global Arts Market In 2022- Growth Countries Table 119: Global Arts Market In 2022- Growth Segments Table 120: Global Arts Market In 2022- Growth Strategies Purchase A “Global Arts Market”  Report At: https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=1917 Read Related Reports At: https://www.thebusinessresearchcompany.com/report/bottled-water-market About The Business Research Company:

The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally.

Contact Information:

The Business Research Company https://www.thebusinessresearchcompany.com Europe: +44 207 1930 708 Asia: +91 8897263534 Americas: +1 315 623 0293 Email: info@tbrc.info Follow us on Blog: http://blog.tbrc.info/ Follow us on LinkedIn: https://in.linkedin.com/company/the-business-research-company

[stupiddigital]

How many #intoxicated #shoppers you think you can bring right to your #ecommerce door??? Even if you think this is not a real #segment it really is for sure, #DrunkShopping is a very interesting $45Bn #marketsegment in the #US only and you still not consider it? And there are more #unusual #marketsegments and just think about it, just think about #destructivehabits then you will just untap more, like #ChronicOvereaters or #ProblemDrinkers or #ObsessiveShoppers or many many more, #BehavioralScience is something that is really ingrained into #Marketing and #Sales nowadays and is part of the reason why we do what we do, why we buy what we buy and we still think we do it because we wanted to??? Everything is kind of #manipulated everything is driving you as a #Customer even before you know it, everything is carefully crafted to #influence you, your every next #shopping is #predicted before you even know it, as you as me are being #tracked at every single step of the road, and we still thing we still own our decision-making? That’s not totally true...just think about how influenced are you??? #DigitalWorld #Traceable #Influenced #Manipulationatitsbest (at New Jersey) https://www.instagram.com/p/BwLWGNvBCpP/?utm_source=ig_tumblr_share&igshid=zvyi9l63egws

[divyakumbhar]

K-12 Online Tutoring Market

According to this latest study, the growth The K-12 Online Tutoring Market size is projected to reach USD 84.25 Billion by 2028 from an estimated USD 37.99 Billion in 2021, growing at a CAGR of 12.5% globally.

K-12 is the terminology used in educational technology in the United States, and possibly other countries. It is referred to as publicly-supported school grades before college. K-12 ensures that the children from kindergarten to 12th grade receive a basic elementary education. K-12 education is a combination of elementary and secondary education that enhances teacher-student communication. The letters K in k-12 stand for kindergarten and 12 stand for 12th grade, respectively. K-12 educational model encompasses kindergarten, primary, secondary, high school, and pre-university education. The concept of K-12 education is gaining popularity around the world, but it is most popular in the United States, Canada, and Europe. The rising need for the adoption of online tutoring will support the growth of the K-12 online tutoring market over the forecasted period.

[researchreportinsight]

Vaccine Market Report Overview - Competitive insights, Key Futuristic Trends and Opportunities 2022

23 July 2019 - The Global Vaccine Market is estimated to develop at a substantial CAGR in the given forecast period due to growing problem of transferable sicknesses throughout the world. The occurrence of transferable sicknesses for example Diphtheria, HIV, Meningococcal Meningitis, Pneumonia, Influenza, Hepatitis, Dengue, Measles and Influenza is great. It is growing owing to increasing frequency of viral contaminations.

The increasing demand for superior healthcare substructure and greater stages of alertness of the paybacks of vaccination are the most important reasons increasing the development of the market. The improvement of new-fangled and enhanced vaccinations for a number of sicknesses is the most important aspect expected to boost the development. The existence of a number of under development medicines likely to top the progress of the market of Vaccine.

View Full Report with TOC @ https://www.millioninsights.com/industry-reports/vaccine-market-trends

On the source of the end users/applications, the statement concentrates on the position and viewpoint for foremost uses/end users. It takes into consideration the intake in terms of sales, market stake and development percentage for respective use, including Allergy, Cancer, Autism, Transferrable Sicknesses, and others.

Among these applications, the subdivision of Transferrable Sicknesses, grasps the biggest stake due to the increasing anxieties for vaccination in contradiction of a sum of leading transferrable sicknesses. Those are the most important reasons of death and sickness, all over the world. The Vaccine market on the source of Type could span Toxoid vaccines, Subunit vaccines, DNA vaccines, Conjugate vaccines, Attenuated vaccines, inactivated vaccines, and others.

The subdivision of inactivated vaccines is expected to lead the market due to the paybacks connected with it, comprising an extended shelf life and greater steadiness. The subdivision of DNA vaccine estimated to observe the speedy development above the prediction period owing to mostly the greater specificity and the abridged danger of addition into the genome as equated to additional old-style serums.

The Vaccine market on the source of Valancy could span Multivalent, Monovalent. The market on the source of Route of Administration could span Injectable, Oral. The Vaccine market on the source of End User could span Adult, Pediatric. The Vaccine market on the source of Delivery Network could span Retail Drug Store, Official Sales and Hospital Drug Store.

The Vaccine market on the source of Area with respect to Trades in terms of intake, Profits, Market stake and Development percentage in these areas, for the duration of the prediction could span North America [U.S., Canada], Europe [Germany, U.K.], Asia Pacific [Japan, China], Latin America [Brazil], Middle East & Africa [South Africa].

By the source of geography, North America is the maximum industrialized area. The increasing government backing for the improvement of vaccine and the funds by various businesses set up for research and development are the important motivators stressing the progress of the market in this area. Furthermore, the recognized healthcare substructure and amenities existing in this area are important causes backing up the development of this vertical.

Asia Pacific is estimated to observe speedy development above the prediction period. It is credited to the increasing objective inhabitant base by means of greater unmet scientific necessities. Additionally, the growing level of per head earnings and the increasing alertness about the qualities of vaccination in developing markets of the Asia Pacific area are estimated to cherish the development of the market.

The statement revises Trades in terms of intake of Vaccine in the market; particularly in North America, Europe, Asia Pacific, Latin America and Middle East & Africa. It concentrates on the topmost companies operating in these regions. Some of the important companies operating in the field on international basis are GlaxoSmithKline Plc, Pfizer, Inc., Johnson and Johnson, Merck & Co., Inc., CSL Ltd, Sanofi Pasteur, Inc., Emergent Bio Solutions, Inc., and Novartis AG.

Additional notable companies operating in the field on international basis are Valeant Pharmaceuticals International, Inc., Janssen Pharmaceuticals, Inc., Abbott Laboratories, Inc., Takeda Pharmaceuticals Company Ltd., AstraZeneca plc, Panacea Biotec, Daiichi Sankyo, Mitsubishi Tanabe Pharma Corporation, Bavarian Nordic, and Serum Institute of India Pvt. Ltd.

Market Segment:

The reports help answer the following questions:

• What is the size of the vaccine market in the world and in different countries?

• How is the market split into different types of vaccines?

• How are the overall market and different product types growing?

• How is the market predicted to develop in the future?

The latest industry data included in the reports:

• Demand for vaccines, 2011 - 2022

• Vaccine market size by product type, 2011 - 2022

• Growth rates of the overall market and different product segments, 2011 - 2022

• Shares of different product segments of the overall market, 2011, 2017, and 2022

Request Sample Copy of This Report @ https://www.millioninsights.com/industry-reports/vaccine-market-trends/request-sample

[evolutionaccelerator]

Different factors influence consumers to buy certain things. Many of the same factors can also be used to segment customers. READ MORE > https://bit.ly/2ODfx7Q 

[shivt123]

Over the counter (OTC) drugs market is expected to gain market growth in the forecast period of 2021-2028. Data Bridge Market Research analyses the market to account to reach the USD of 297.93 billion by 2028 and grow at a CAGR of 6.60% in the above mentioned forecast period.

[marketresearch-articles]

Micro Perforated Films for Packaging Market Size, Exclusive Research Report by The Insight Partners

Micro Perforated Films for Packaging Market is grow at a CAGR 6.3% in the forecast 2022 to 2029.

Micro Perforated Films for Packaging Market Scope and Size

·        On the basis of material type, the micro perforated films for packaging market is segmented into polyethylene, polypropylene, PET and others.

·        Based on technology type, the micro perforated films for packaging market is segmented into mechanical perforation and laser perforation.

·        On the basis of packaging type, the micro perforated films for packaging market is segmented into bags, wraps/rolls, pouches and sleeves.

·        The application segment for micro perforated films for packaging market is segmented into ready-to-eat food, bakery and confectionary, fruits and vegetables and other.

Get the sample copy of Report https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-micro-perforated-films-for-packaging-market

Micro Perforated Films for Packaging Market Country Level Analysis

The micro perforated films for packaging market is analysed and market size, volume information is provided by country, material type, technology type, packaging type and application as referenced above.

The countries covered in the micro perforated films for packaging market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Competitive Landscape and Global Micro Perforated Films for Packaging Market Share Analysis

The micro perforated films for packaging market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to micro perforated films for packaging market.

MAJOR TOC OF THE REPORT

Chapter One: Micro Perforated Films for Packaging Market Overview

Chapter Two: Manufacturers Profiles

Chapter Three : Micro Perforated Films for Packaging Market Competition, by Players

Chapter Four: Global Micro Perforated Films for Packaging Market Size by Regions

Chapter Five: North Micro Perforated Films for Packaging Market by Countries

Chapter Six: Europe Micro Perforated Films for Packaging MarketRevenue by Countries

Chapter Seven: Asia-Pacific Micro Perforated Films for Packaging MarketRevenue by Countries

Chapter Eight: South Micro Perforated Films for Packaging MarketRevenue by Countries

Chapter Nine: Middle East and Micro Perforated Films for Packaging MarketRevenue Equipment by Countries

Chapter Ten: Global Micro Perforated Films for Packaging MarketSegment by Type

Chapter Eleven: Global Micro Perforated Films for Packaging Market by Application

Get TOC Details:   https://www.databridgemarketresearch.com/toc/?dbmr=global-micro-perforated-films-for-packaging-market

major players operating in the micro perforated films for packaging market are 3M, A-ROO Company LLC, Now Plastics, Helion Industries, FlexPak Services, Amerplast, Ultraperf Technologies Inc., Klöckner Pentaplast, Ajover S.A.S., Amcor plc, Specialty Polyfilms India Pvt. Ltd., Mondi, Sealed Air, Bolloré Group, Coveris, MULTIVAC, LC Packaging, Intertape Polymer Group, Thermo-Pack Kunststoff-Folien GmbH, Ervisa, UFlex Limited, TCL Packaging, and Aera Technology, among others.

Access Full Report   https://www.databridgemarketresearch.com/reports/global-micro-perforated-films-for-packaging-market

About Us:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market

Contact:

Data Bridge Market Research

Tel: +1-888-387-2818

Email: Sopan.gedam@databridgemarketresearch.com

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[marketinsightshare]

IO-link Market Size to Grow at a CAGR of 18.51% During the Period 2021-2026

IO-link Market size was valued at $5.3 billion in 2020 and it is estimated to grow at a CAGR of 18.51% during the period 2021-2026, owing to high penetration of industry 4.0 across industries. IO-link is a point-to-point serial communication protocol that includes an IO-Link master and one or several IO-Link devices. This system is highly being used for increasing the level of efficiency of industrial automated processes. Thus high demand for automation drives the growth of IO-Link market. Moreover, its ability to offer support and sustainability for various Fieldbus and Ethernet communication protocol plays a major role in the growth of this market. Furthermore, the government’s initiative to promote the adoption of industrial automation such as programmable logic controllers (PLCs), MES, SCADA and IoT sensors (such as photoelectric sensors, proximity sensors and sensor nodes), is one of the primary factors augmenting the demand for IO-Link. This technology also reduces the overall operational cost and increases the operational efficiency. Hence, the above-mentioned factors will drive the growth of IO-link industry during the forecast period.

IO-link MarketSegment Analysis – By Component

By component, this market is segmented intoIO-Link Master and IO-Link Devices. IO-link master segment is further segmented intoPROFINET, EtherNet/IP, Modbus-TCP, EtherCAT, Multiprotocol and Others, and IO-Link Devices segmented into Sensor Nodes, Modules, Actuators, RFID Read Heads and others. IO-link master held major IO-link market share around 35.99% in 2020, owing to rapid industrialization, increasing penetration of automation and industry 4.0 across sectors. For instance, in June 2019, UiPath published a report on present and future progress of automation and according to the survey report, 90% organizations are already using the automation technology to conduct their business processes. High adoption rate of automation across industries creates huge demand for IO-link masters and to fulfill such demand major players of this market are launching new products as well as investing heavily for the advancement of this solution. In June 2019, Contec Co. introduced a new IO-Link master solution CPSL-08P1EN, which supports use with four types of industrial Ethernet-based system protocols, including CC-Link IE Field Basic, EtherNet/IP, Modbus TCP and PROFINET. Hence, the above mentioned factors will drive the demand for IO-link Maters during the forecast period.

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Report Price: $ 4500 (Single User License)

IO-link Market Segment Analysis - By End-User Industry

Based on end-user industry, IO-link Market is segmented into process industry, discrete industry and hybrid industry. Hybrid industry is sub-segmented into pharmaceutical, metal & mining, food & beverage, cement and glass and other industries. Pharmaceutical industry is the fastest growing segment in IO-link market and estimated to grow at a CAGR of 19.06% during forecast period 2021-2026, specifically due to the increasing investment in this sector. According to the report of Invest-India, the pharmaceutical sector is analyzed to reach $65 billion by 2024 and to reach $120 billion by the year 2030. Furthermore, rapid adoption of industry 4.0, increasing demand for reliable as well as sustainable communication and remote monitoring system in this industry are the key factors behind the growth of this market. IO-Link offers end-to-end communication to the whole process operation which reduces the overall downtime of the machines, which reduces the overall operational and maintenance cost. Moreover, out-break of COVID-19 has a positive impact on the growth of pharmaceutical industry. The rise in COVID cases and the growing health awareness among public are the key factors behind this high investment that creates the massive requirement of IO-link solutions, which in turn drives the growth of IO-link market. Hence, rising investment in pharmaceutical industry is being seen as the opportunity for the players operating in the IO-linkmarket during 2021-2026.

IO-link Market Segment Analysis - By Geography

Europe dominated the IO-Link Market in 2020 with a share close to 30.18%, followed by North America and APAC. Moreover, it is estimated that Europe will have a significant amount of market growth during the forecast period 2021-2026, owing to technological advancement, early adoption of this technology and government’s initiatives for the development of smart factories. Rising demand for IoT enabled connected devices, industrial automation are the key factors fuelling the growth of this market. Furthermore, this technology has a well-established customer base in this region. Apart from that, continuous development, new advanced product launches of the technology also plays a major role towards the market growth. Europe-based companies such as Siemens AG and General Electric is one of the largest manufacturers of this technology in the world. Devices produced in Siemens are generally equipped with PROFINET and this company dominates the European market. In November 2020, a Germany-based company, Igus joined PI organization, for advancing the research of PROFINET technology in dynamic applications. In February 2019, SICK announced the launch of Safe EFI-pro System, which offers standard industrial Ethernet-based safety network integration for highly-adaptive as well as dynamic safeguarding in automated production and logistics environments to SIL 3/PLe.This kind of strategic movements and technologically advanced product launches will drive the market for this region during the forecast period.

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IO-link Market Drivers

Increasing Penetration of Automation:

Increasing adoption of automation across industries is one of the major drivers for IO-Link, triggering the growth for this technology. Integration of automation system across industries offers greater efficiency, higher reliability, enhanced asset management, production boost, better process speed and cost effectiveness, which is accelerating the amount of investments made by organizations to remain productive. This in turn, drives the growth of IO-Link technology, as this technology is a point-to-point serial communication protocol, which is highly being used for communicating with sensors and actuators in industrial automation processes. In July 2020, for digital industrial transformation, Carlo Gavazzi announced the launch of its new IIoT-enabled IO-Link Masters, YL212 and YN115, that supports leading industrial Ethernet-based system protocols including EtherNet/IP, PROFINET IO and MODBUS TCP access. This product has advanced features such as embedded web interface and OPC UA, which offers full remote access, control of the IO-Link masters and connected devices. This product also offers reliability, transparent process data transmission into the cloud-based systems from the sensors and actuators along with access to the data, attached to the smart devices through the Programmable Logic Controller (PLC) and OPC UA clients. This type of product with such unique features fuels the growth of his market. PI Organization’s recent research report shows that, the performance of Profinet RT fulfills 95% timing requirements of industry-based automation. Hence, the adoption of automation will drive the growth of IO-link market during the forecast period.

Fieldbus Integration:

IO-Link is an open source interface, which makes this technology a Fieldbus independent solution. It can be integrated into all the fieldbus systems including PROFINET, AS-i, CANopen, CC-Link, PROFIBUS, EtherCAT, EtherNet/IP, DeviceNet, Interbus, Powerlink and others. Different organizations use different networking protocols for their systems, which make the fieldbus-independent IO-Link more suitable for the companies, as it allows the businesses to connect their products to different systems and control level devices including Programmable Logic Controller (PLC), Supervisory control and data acquisition (SCADA) and others. This in turn, saves the investments that are already made by the manufacturers, plant operators, machine builders and others, on the systems. Even when the organizations decide to migrate from one technology to other technology, IO-Link makes the process cost effective, by reducing the overall cost. In January 2019, Korenix introduced a new cost-effective Profinet supported, Fieldbus gateway, JetLink 1302, which can transmit the data faster among the devices and provide seamless communication between fieldbus and industrial Ethernet communication protocol. Hence, the fieldbus independency of IO-Link is one of the major growth drivers of this market.

IO-link Market Challenges

Security Issues:

IO-link technology is vulnerable to various security threats such as cross site request forgery (CSRF), reflected cross-site scripting (XSS), blind command injection, denial-of-service (DoS) issues, spear phishing and others, which hinders the growth of this market. Furthermore, in February 2020, OTORIO security researchers discovered a security weakness in PROFINET-IO stack, which is responsible for handling the packets that being used in device management. If a device is overloaded with multiple diagnostic packets, it may create a security threat that allows the attackers to send the devices into a denial-of-service (DoS) condition, which can create disruption in operational processes. Many industrial devices such as devices produced by Siemens, MoxaEDS Ethernet switches and others; that rely on Siemens PROFINET-IO stack are highly being affected. Hence, the above mentioned factor creates security related issues that will hinder the growth of this market during 2021-2026.

IO-link Market Landscape

Partnerships and acquisitions along with product launches are the key strategies adopted by the players in the IO-link Market. As of 2020, IO-link Market top 10 companies includesSiemens AG, Hans Turck GmbH & Co. KG, Balluff GmbH, Rockwell Automation, Inc.,SICK AG, Omron Corporation, Pepperl+Fuchs SE,Schneider Electric, General Electric,B&R Industrial Automation GmbH among others.

Acquisitions/Technology Launches

In March 2020, Harting Americas had launched Single Pair Ethernet (SPE) technology, thatutilizes Power over Data Line (PoDL) technology to bring communication to the devices and also the voltage and amperage needed to power the device. SPE communication protocols are available for Ethernet/IP, Profinet, EtherCat and others.

In February 2020, European company, SICK had launched a sensor integrated PROFINET gateway, which is the first product that can act as both IO-Link Masters and control system.

Key Takeaways

IO-Link Master held the major IO-link market share in 2020, due to high penetration of industrial 4.0 across industries and rapid industrialization.

Europe dominated the market in 2020, and is anticipated to witness significant growth during the forecast period 2021-2026, owing to early adoption of this technology and presence of major market players in this region.

Rapid adoption of automation and field bus independency of IO-link are the major growth drivers of this market.

IO-link Market outlook is consolidated with top market players including Siemens AG, Hans Turck GmbH & Co. KG, Balluff GmbH, Rockwell Automation, Inc., SICK AG, and others.

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About IndustryARC Market Research Reports

IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, and Life sciences &Healthcare.

IndustryARC primarily focuses on cutting edge technologies and newer Applications in a Market. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business.

We look forward to support the client to be able to better address their customer needs, stay ahead in the market, become the top competitor and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today.

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IO-link Market Size to Grow at a CAGR of 18.51% During the Period 2021-2026

IO-link Market size was valued at $5.3 billion in 2020 and it is estimated to grow at a CAGR of 18.51% during the period 2021-2026, owing to high penetration of industry 4.0 across industries. IO-link is a point-to-point serial communication protocol that includes an IO-Link master and one or several IO-Link devices. This system is highly being used for increasing the level of efficiency of industrial automated processes. Thus high demand for automation drives the growth of IO-Link market. Moreover, its ability to offer support and sustainability for various Fieldbus and Ethernet communication protocol plays a major role in the growth of this market. Furthermore, the government’s initiative to promote the adoption of industrial automation such as programmable logic controllers (PLCs), MES, SCADA and IoT sensors (such as photoelectric sensors, proximity sensors and sensor nodes), is one of the primary factors augmenting the demand for IO-Link. This technology also reduces the overall operational cost and increases the operational efficiency. Hence, the above-mentioned factors will drive the growth of IO-link industry during the forecast period.

IO-link MarketSegment Analysis – By Component

By component, this market is segmented intoIO-Link Master and IO-Link Devices. IO-link master segment is further segmented intoPROFINET, EtherNet/IP, Modbus-TCP, EtherCAT, Multiprotocol and Others, and IO-Link Devices segmented into Sensor Nodes, Modules, Actuators, RFID Read Heads and others. IO-link master held major IO-link market share around 35.99% in 2020, owing to rapid industrialization, increasing penetration of automation and industry 4.0 across sectors. For instance, in June 2019, UiPath published a report on present and future progress of automation and according to the survey report, 90% organizations are already using the automation technology to conduct their business processes. High adoption rate of automation across industries creates huge demand for IO-link masters and to fulfill such demand major players of this market are launching new products as well as investing heavily for the advancement of this solution. In June 2019, Contec Co. introduced a new IO-Link master solution CPSL-08P1EN, which supports use with four types of industrial Ethernet-based system protocols, including CC-Link IE Field Basic, EtherNet/IP, Modbus TCP and PROFINET. Hence, the above mentioned factors will drive the demand for IO-link Maters during the forecast period.

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Report Price: $ 4500 (Single User License)

IO-link Market Segment Analysis - By End-User Industry

Based on end-user industry, IO-link Market is segmented into process industry, discrete industry and hybrid industry. Hybrid industry is sub-segmented into pharmaceutical, metal & mining, food & beverage, cement and glass and other industries. Pharmaceutical industry is the fastest growing segment in IO-link market and estimated to grow at a CAGR of 19.06% during forecast period 2021-2026, specifically due to the increasing investment in this sector. According to the report of Invest-India, the pharmaceutical sector is analyzed to reach $65 billion by 2024 and to reach $120 billion by the year 2030. Furthermore, rapid adoption of industry 4.0, increasing demand for reliable as well as sustainable communication and remote monitoring system in this industry are the key factors behind the growth of this market. IO-Link offers end-to-end communication to the whole process operation which reduces the overall downtime of the machines, which reduces the overall operational and maintenance cost. Moreover, out-break of COVID-19 has a positive impact on the growth of pharmaceutical industry. The rise in COVID cases and the growing health awareness among public are the key factors behind this high investment that creates the massive requirement of IO-link solutions, which in turn drives the growth of IO-link market. Hence, rising investment in pharmaceutical industry is being seen as the opportunity for the players operating in the IO-linkmarket during 2021-2026.

IO-link Market Segment Analysis - By Geography

Europe dominated the IO-Link Market in 2020 with a share close to 30.18%, followed by North America and APAC. Moreover, it is estimated that Europe will have a significant amount of market growth during the forecast period 2021-2026, owing to technological advancement, early adoption of this technology and government’s initiatives for the development of smart factories. Rising demand for IoT enabled connected devices, industrial automation are the key factors fuelling the growth of this market. Furthermore, this technology has a well-established customer base in this region. Apart from that, continuous development, new advanced product launches of the technology also plays a major role towards the market growth. Europe-based companies such as Siemens AG and General Electric is one of the largest manufacturers of this technology in the world. Devices produced in Siemens are generally equipped with PROFINET and this company dominates the European market. In November 2020, a Germany-based company, Igus joined PI organization, for advancing the research of PROFINET technology in dynamic applications. In February 2019, SICK announced the launch of Safe EFI-pro System, which offers standard industrial Ethernet-based safety network integration for highly-adaptive as well as dynamic safeguarding in automated production and logistics environments to SIL 3/PLe.This kind of strategic movements and technologically advanced product launches will drive the market for this region during the forecast period.

Inquiry Before Buying @ https://www.industryarc.com/reports/request-quote?id=505485

IO-link Market Drivers

Increasing Penetration of Automation:

Increasing adoption of automation across industries is one of the major drivers for IO-Link, triggering the growth for this technology. Integration of automation system across industries offers greater efficiency, higher reliability, enhanced asset management, production boost, better process speed and cost effectiveness, which is accelerating the amount of investments made by organizations to remain productive. This in turn, drives the growth of IO-Link technology, as this technology is a point-to-point serial communication protocol, which is highly being used for communicating with sensors and actuators in industrial automation processes. In July 2020, for digital industrial transformation, Carlo Gavazzi announced the launch of its new IIoT-enabled IO-Link Masters, YL212 and YN115, that supports leading industrial Ethernet-based system protocols including EtherNet/IP, PROFINET IO and MODBUS TCP access. This product has advanced features such as embedded web interface and OPC UA, which offers full remote access, control of the IO-Link masters and connected devices. This product also offers reliability, transparent process data transmission into the cloud-based systems from the sensors and actuators along with access to the data, attached to the smart devices through the Programmable Logic Controller (PLC) and OPC UA clients. This type of product with such unique features fuels the growth of his market. PI Organization’s recent research report shows that, the performance of Profinet RT fulfills 95% timing requirements of industry-based automation. Hence, the adoption of automation will drive the growth of IO-link market during the forecast period.

Fieldbus Integration:

IO-Link is an open source interface, which makes this technology a Fieldbus independent solution. It can be integrated into all the fieldbus systems including PROFINET, AS-i, CANopen, CC-Link, PROFIBUS, EtherCAT, EtherNet/IP, DeviceNet, Interbus, Powerlink and others. Different organizations use different networking protocols for their systems, which make the fieldbus-independent IO-Link more suitable for the companies, as it allows the businesses to connect their products to different systems and control level devices including Programmable Logic Controller (PLC), Supervisory control and data acquisition (SCADA) and others. This in turn, saves the investments that are already made by the manufacturers, plant operators, machine builders and others, on the systems. Even when the organizations decide to migrate from one technology to other technology, IO-Link makes the process cost effective, by reducing the overall cost. In January 2019, Korenix introduced a new cost-effective Profinet supported, Fieldbus gateway, JetLink 1302, which can transmit the data faster among the devices and provide seamless communication between fieldbus and industrial Ethernet communication protocol. Hence, the fieldbus independency of IO-Link is one of the major growth drivers of this market.

IO-link Market Challenges

Security Issues:

IO-link technology is vulnerable to various security threats such as cross site request forgery (CSRF), reflected cross-site scripting (XSS), blind command injection, denial-of-service (DoS) issues, spear phishing and others, which hinders the growth of this market. Furthermore, in February 2020, OTORIO security researchers discovered a security weakness in PROFINET-IO stack, which is responsible for handling the packets that being used in device management. If a device is overloaded with multiple diagnostic packets, it may create a security threat that allows the attackers to send the devices into a denial-of-service (DoS) condition, which can create disruption in operational processes. Many industrial devices such as devices produced by Siemens, MoxaEDS Ethernet switches and others; that rely on Siemens PROFINET-IO stack are highly being affected. Hence, the above mentioned factor creates security related issues that will hinder the growth of this market during 2021-2026.

IO-link Market Landscape

Partnerships and acquisitions along with product launches are the key strategies adopted by the players in the IO-link Market. As of 2020, IO-link Market top 10 companies includesSiemens AG, Hans Turck GmbH & Co. KG, Balluff GmbH, Rockwell Automation, Inc.,SICK AG, Omron Corporation, Pepperl+Fuchs SE,Schneider Electric, General Electric,B&R Industrial Automation GmbH among others.

Acquisitions/Technology Launches

In March 2020, Harting Americas had launched Single Pair Ethernet (SPE) technology, thatutilizes Power over Data Line (PoDL) technology to bring communication to the devices and also the voltage and amperage needed to power the device. SPE communication protocols are available for Ethernet/IP, Profinet, EtherCat and others.

In February 2020, European company, SICK had launched a sensor integrated PROFINET gateway, which is the first product that can act as both IO-Link Masters and control system.

Key Takeaways

IO-Link Master held the major IO-link market share in 2020, due to high penetration of industrial 4.0 across industries and rapid industrialization.

Europe dominated the market in 2020, and is anticipated to witness significant growth during the forecast period 2021-2026, owing to early adoption of this technology and presence of major market players in this region.

Rapid adoption of automation and field bus independency of IO-link are the major growth drivers of this market.

IO-link Market outlook is consolidated with top market players including Siemens AG, Hans Turck GmbH & Co. KG, Balluff GmbH, Rockwell Automation, Inc., SICK AG, and others.

[marketresearchs]

IO-link Market Size to Grow at a CAGR of 18.51% During the Period 2021-2026

IO-link Market size was valued at $5.3 billion in 2020 and it is estimated to grow at a CAGR of 18.51% during the period 2021-2026, owing to high penetration of industry 4.0 across industries. IO-link is a point-to-point serial communication protocol that includes an IO-Link master and one or several IO-Link devices. This system is highly being used for increasing the level of efficiency of industrial automated processes. Thus high demand for automation drives the growth of IO-Link market. Moreover, its ability to offer support and sustainability for various Fieldbus and Ethernet communication protocol plays a major role in the growth of this market. Furthermore, the government’s initiative to promote the adoption of industrial automation such as programmable logic controllers (PLCs), MES, SCADA and IoT sensors (such as photoelectric sensors, proximity sensors and sensor nodes), is one of the primary factors augmenting the demand for IO-Link. This technology also reduces the overall operational cost and increases the operational efficiency. Hence, the above-mentioned factors will drive the growth of IO-link industry during the forecast period.

IO-link MarketSegment Analysis – By Component

By component, this market is segmented intoIO-Link Master and IO-Link Devices. IO-link master segment is further segmented intoPROFINET, EtherNet/IP, Modbus-TCP, EtherCAT, Multiprotocol and Others, and IO-Link Devices segmented into Sensor Nodes, Modules, Actuators, RFID Read Heads and others. IO-link master held major IO-link market share around 35.99% in 2020, owing to rapid industrialization, increasing penetration of automation and industry 4.0 across sectors. For instance, in June 2019, UiPath published a report on present and future progress of automation and according to the survey report, 90% organizations are already using the automation technology to conduct their business processes. High adoption rate of automation across industries creates huge demand for IO-link masters and to fulfill such demand major players of this market are launching new products as well as investing heavily for the advancement of this solution. In June 2019, Contec Co. introduced a new IO-Link master solution CPSL-08P1EN, which supports use with four types of industrial Ethernet-based system protocols, including CC-Link IE Field Basic, EtherNet/IP, Modbus TCP and PROFINET. Hence, the above mentioned factors will drive the demand for IO-link Maters during the forecast period.

Request for Sample Report  @ https://www.industryarc.com/pdfdownload.php?id=505485

Report Price: $ 4500 (Single User License)

IO-link Market Segment Analysis - By End-User Industry

Based on end-user industry, IO-link Market is segmented into process industry, discrete industry and hybrid industry. Hybrid industry is sub-segmented into pharmaceutical, metal & mining, food & beverage, cement and glass and other industries. Pharmaceutical industry is the fastest growing segment in IO-link market and estimated to grow at a CAGR of 19.06% during forecast period 2021-2026, specifically due to the increasing investment in this sector. According to the report of Invest-India, the pharmaceutical sector is analyzed to reach $65 billion by 2024 and to reach $120 billion by the year 2030. Furthermore, rapid adoption of industry 4.0, increasing demand for reliable as well as sustainable communication and remote monitoring system in this industry are the key factors behind the growth of this market. IO-Link offers end-to-end communication to the whole process operation which reduces the overall downtime of the machines, which reduces the overall operational and maintenance cost. Moreover, out-break of COVID-19 has a positive impact on the growth of pharmaceutical industry. The rise in COVID cases and the growing health awareness among public are the key factors behind this high investment that creates the massive requirement of IO-link solutions, which in turn drives the growth of IO-link market. Hence, rising investment in pharmaceutical industry is being seen as the opportunity for the players operating in the IO-linkmarket during 2021-2026.

IO-link Market Segment Analysis - By Geography

Europe dominated the IO-Link Market in 2020 with a share close to 30.18%, followed by North America and APAC. Moreover, it is estimated that Europe will have a significant amount of market growth during the forecast period 2021-2026, owing to technological advancement, early adoption of this technology and government’s initiatives for the development of smart factories. Rising demand for IoT enabled connected devices, industrial automation are the key factors fuelling the growth of this market. Furthermore, this technology has a well-established customer base in this region. Apart from that, continuous development, new advanced product launches of the technology also plays a major role towards the market growth. Europe-based companies such as Siemens AG and General Electric is one of the largest manufacturers of this technology in the world. Devices produced in Siemens are generally equipped with PROFINET and this company dominates the European market. In November 2020, a Germany-based company, Igus joined PI organization, for advancing the research of PROFINET technology in dynamic applications. In February 2019, SICK announced the launch of Safe EFI-pro System, which offers standard industrial Ethernet-based safety network integration for highly-adaptive as well as dynamic safeguarding in automated production and logistics environments to SIL 3/PLe.This kind of strategic movements and technologically advanced product launches will drive the market for this region during the forecast period.

Inquiry Before Buying @ https://www.industryarc.com/reports/request-quote?id=505485

IO-link Market Drivers

Increasing Penetration of Automation:

Increasing adoption of automation across industries is one of the major drivers for IO-Link, triggering the growth for this technology. Integration of automation system across industries offers greater efficiency, higher reliability, enhanced asset management, production boost, better process speed and cost effectiveness, which is accelerating the amount of investments made by organizations to remain productive. This in turn, drives the growth of IO-Link technology, as this technology is a point-to-point serial communication protocol, which is highly being used for communicating with sensors and actuators in industrial automation processes. In July 2020, for digital industrial transformation, Carlo Gavazzi announced the launch of its new IIoT-enabled IO-Link Masters, YL212 and YN115, that supports leading industrial Ethernet-based system protocols including EtherNet/IP, PROFINET IO and MODBUS TCP access. This product has advanced features such as embedded web interface and OPC UA, which offers full remote access, control of the IO-Link masters and connected devices. This product also offers reliability, transparent process data transmission into the cloud-based systems from the sensors and actuators along with access to the data, attached to the smart devices through the Programmable Logic Controller (PLC) and OPC UA clients. This type of product with such unique features fuels the growth of his market. PI Organization’s recent research report shows that, the performance of Profinet RT fulfills 95% timing requirements of industry-based automation. Hence, the adoption of automation will drive the growth of IO-link market during the forecast period.

Fieldbus Integration:

IO-Link is an open source interface, which makes this technology a Fieldbus independent solution. It can be integrated into all the fieldbus systems including PROFINET, AS-i, CANopen, CC-Link, PROFIBUS, EtherCAT, EtherNet/IP, DeviceNet, Interbus, Powerlink and others. Different organizations use different networking protocols for their systems, which make the fieldbus-independent IO-Link more suitable for the companies, as it allows the businesses to connect their products to different systems and control level devices including Programmable Logic Controller (PLC), Supervisory control and data acquisition (SCADA) and others. This in turn, saves the investments that are already made by the manufacturers, plant operators, machine builders and others, on the systems. Even when the organizations decide to migrate from one technology to other technology, IO-Link makes the process cost effective, by reducing the overall cost. In January 2019, Korenix introduced a new cost-effective Profinet supported, Fieldbus gateway, JetLink 1302, which can transmit the data faster among the devices and provide seamless communication between fieldbus and industrial Ethernet communication protocol. Hence, the fieldbus independency of IO-Link is one of the major growth drivers of this market.

IO-link Market Challenges

Security Issues:

IO-link technology is vulnerable to various security threats such as cross site request forgery (CSRF), reflected cross-site scripting (XSS), blind command injection, denial-of-service (DoS) issues, spear phishing and others, which hinders the growth of this market. Furthermore, in February 2020, OTORIO security researchers discovered a security weakness in PROFINET-IO stack, which is responsible for handling the packets that being used in device management. If a device is overloaded with multiple diagnostic packets, it may create a security threat that allows the attackers to send the devices into a denial-of-service (DoS) condition, which can create disruption in operational processes. Many industrial devices such as devices produced by Siemens, MoxaEDS Ethernet switches and others; that rely on Siemens PROFINET-IO stack are highly being affected. Hence, the above mentioned factor creates security related issues that will hinder the growth of this market during 2021-2026.

IO-link Market Landscape

Partnerships and acquisitions along with product launches are the key strategies adopted by the players in the IO-link Market. As of 2020, IO-link Market top 10 companies includesSiemens AG, Hans Turck GmbH & Co. KG, Balluff GmbH, Rockwell Automation, Inc.,SICK AG, Omron Corporation, Pepperl+Fuchs SE,Schneider Electric, General Electric,B&R Industrial Automation GmbH among others.

Acquisitions/Technology Launches

In March 2020, Harting Americas had launched Single Pair Ethernet (SPE) technology, thatutilizes Power over Data Line (PoDL) technology to bring communication to the devices and also the voltage and amperage needed to power the device. SPE communication protocols are available for Ethernet/IP, Profinet, EtherCat and others.

In February 2020, European company, SICK had launched a sensor integrated PROFINET gateway, which is the first product that can act as both IO-Link Masters and control system.

Key Takeaways

IO-Link Master held the major IO-link market share in 2020, due to high penetration of industrial 4.0 across industries and rapid industrialization.

Europe dominated the market in 2020, and is anticipated to witness significant growth during the forecast period 2021-2026, owing to early adoption of this technology and presence of major market players in this region.

Rapid adoption of automation and field bus independency of IO-link are the major growth drivers of this market.

IO-link Market outlook is consolidated with top market players including Siemens AG, Hans Turck GmbH & Co. KG, Balluff GmbH, Rockwell Automation, Inc., SICK AG, and others.

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