Coaxial Cable Market Business Growth, Sales Revenue, Development Status, Segmentation and Opportunities by 2032

The global coaxial cable market is predicted to see a CAGR of 3% during the forecast period, with revenues estimated to reach US$ 33,517.2 Mn in 2022 and US$ 45,039.9 Mn by 2032. The advancements in technology happening everyday transforming the world into a more connected world, necessitate the need of safe and secure transmission of data. Bulks of data transfer happen every day ranging from personal to organizational data and from within a house to across the globe.

The successful transmission of data thus has become a concern nowadays. With a whole gamut of options nowadays, as a means to transfer the data, coaxial cables are used from years and till the date due to reliable data transfer gather a high demand in market. Coaxial cable is a type of cable that has an inner conductor covered by an insulating layer, which is surrounded by tabular conducting shield. The external interferences are eliminated by larger amounts due to this type of design, giving rise to a reliable transfer of data.

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They are majorly used in cable television industry, military and aerospace, telephone service providers and other industries. Because of the wide range of applications provided by the cable, they are expected to have high demand in coaxial cable market resulting in a promising CAGR.

Coaxial cable market: Drivers and Restraint

Reliable data transfer and high capacity with substantial advancements in IT and telecomm sectors are the key factors drive the growth of the market. In addition to these, other major factors contributing to the market growth are rising investments in communication infrastructure, cheaper installation costs, and the growing broadband and broadcasting industry.

Owing to the large number of internet subscribers, internet service providers’ represent the largest segment among the end users. In addition to transfer of official data, increasing popularity of Multimedia over Coaxial Alliance (MoCA) technology for sharing high definition videos to home interconnected devices is expected to drive the coaxial cable market.

CATV companies, system integrators, military and aerospace industry, telephone service providers, internet service providers, construction industry and others (medical, automotive, marine and other OEMs) are some other sectors that can be held responsible for high demand of coaxial cables in the market.

With the increasing levels of data insecurity, and focusing on improving security across the globe in both the public and private sectors increasing the demand for Coaxial cable.

The coaxial cablemarket faces a substantial threat from rapid changes in technology resulting into evolving alternatives such as fibre optics or wireless technologies. Also the intense market competition and comparatively being an old technology can decline in usage of Coaxial cable, but due to its data transmission efficiency over long distances, it is expected to create a niche market.

Data needs to transfer at high speed over internet. This data transferred over internet includes applications, videos, audio, documents, etc. Many high speed fiber internet connections are also using coaxial technology. These coaxial cables are also widely used in television cable industry and do have wide application in radio frequency transfer. The absence of interference in coaxial cable is what makes it one of the most reliable choices for transmitting radio signals.

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Coaxial cable market: Key Players

Belden, Inc., General Cable Corporation, LS Cable & System, TE Connectivity Ltd., Amphenol Corporation are some of the key players in the Application-to-person (A2P) enterprise messaging Coaxial cable market.

Other emerging players in this market include: Nexans SA, Coleman Cable, Inc., Southwire Company, LLC., L-Com Global Connectivity, Alpha Wire and Prysmian Group.

Key Segments Profiled in the Coaxial Cable Market Survey

By Application:

  • Internet Data Transfer
  • Video Distribution
  • Radio Frequency Transfer

By End User:

  • Cable Television Industry
  • Military & Aerospace
  • Internet Service Providers

By Region:

  • North America
  • Latin America
  • Asia Pacific
  • MEA
  • Europe

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Automatic Message Handling System Market Key Players, End User, Demand and Consumption by 2027 | FMI

The automatic message handling system is a web based user interface system developed to provide a secure means of handling and distributing messages. Automatic message handling systems are designed for the safety, proper routing and delivery of messages. Also, the automatic message handling system defines the priority of a message automatically; depending upon the content of the message, it delivers the message to the desired workstation and ensures proper distribution of messages.

The automatic message handling system has several advantages – it is easy to integrate with other system interfaces, easy to carry out a retrospective search and easy to audit, among others, which tends to make it very functional for any organization. Automatic message handling systems mainly find applications in the defense sector, private organizations and government security agencies, among others.

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In security agencies and the defense sector, messages are either encrypted in codes or in different formats, and need to be decoded before they’re delivered to the respective workstation. End to end security and confidentiality of such messages is of utmost importance which has generated the need for an advanced and secure message handling system. Moreover, traditional message handling systems were difficult to implement and maintain. The key drawbacks of traditional systems were: high operational cost and steep time and manpower consumption for implementation – owing to this an upgrade was essential.

Therefore, the automatic message handling system was designed and developed to overcome these constrains. Replacing traditional systems with automatic message handling systems has reduced maintenance cost and operational cost as it is a web based interface system and requires fewer servers and auxiliary systems for its operation. Owing to numerous such advantages, the automatic message handling system is manifested as a viable solution for secure messaging. Many private companies are adopting these systems to focus on the safety of confidential data – information which can adversely affect the company, if leaked.

Automatic Message Handling System Market Dynamics

The automatic message handling system market is primarily driven by the defense sector’s demand stemming from the need to maintain security and ensure safe distribution of confidential messages within shorter time spans. Furthermore, rising investments in the defense sector for technological advancement generate an added demand for the automatic message handling system. Rising awareness in private organizations to avoid data breach and to increase effective, secure information sharing within the organization have resulted in an increase in the demand for automatic message handling systems. The key restraining factor for automatic message handling systems is their susceptibility to being hacked. Development of automatic message handling systems for the aviation industry has generated a new potential opportunity for the growth of this market.

Automatic Message Handling System Market Regional Outlook

North America, followed by Europe, are expected to dominate the automatic message handling system market over the forecast period. The world’s largest investment in the defense sector has been done by the U.S and European Union’s government; their initiative over advancing defense tactics and federal security has generated demand for the automatic message handling system market. Moreover, demand in Asia Pacific is also expected to increase significantly, owing to rise in investments in the defense sectors by China and India. In Middle East and Africa, the automatic message handling system market is expected to register steady growth over the forecast period.

Automatic Message Handling System Market Key Players

Some of the market participants in the global automatic message handling system market, identified across the value chain include Telos Corporation, ROHDE&SCHWARZ, BOLDON JAMES, Avitech GmbH, Nexor, Monitor Soft Pvt. Ltd., Ingegneria Dei Sistemi S.p.A., Koç Information and Defence Technologies Inc. and Systematic A/S, among others.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types and applications.

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The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Value Chain

Regional analysis includes:

  • North America
  • Latin America
  • Asia Pacific
  • Japan
  • Western Europe
  • Eastern Europe
  • Middle East & Africa

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors, along with market attractiveness within the segments. The report also maps the qualitative impact of various market factors on market segments and various geographies.

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Automatic Message Handling System Market Segmentation

The global automatic message handling system market can be segmented on the basis of application into:

  • Defense industry
  • Aviation Industry
  • Government Security Agency
  • Private Organization
  • Government Organization
  • Others

On the basis of components involved in the designing and development of system,

  • Message Transfer Agents
  • User agents
  • Control system
  • Messaging Gateway
  • Others

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

About Us:

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Container As A Service (CaaS) Market Analysis, Growth, Emerging Trends, Research Methodology, Massive Growth & Industry Survey 2032

During the projection period, the container as a service (CaaS) market is anticipated to grow at a CAGR of 22.9%. The Container as a Service (CaaS) market is now valued at US$ 1,618.6 million in 2022, and by 2032, it is expected to reach a worth of US$ 12,750.8 million.

Cloud based subscription has enabled many enterprises to leverage the different tools used in Container as  a Service  (CaaS) technology, which empower smaller enterprises to create, store, deploy and manage their distributed applications. Container as a Service (CaaS) is an IT Ops managed and secured application environment which delivers container-based virtualization for faster application delivery in enterprises.

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Container as a Service (CaaS) will deliver complete OS structure to customers for deploying and managing containers, clusters and applications. Container as a Service model is designed for both IT departments and developers to manage and run the containerized applications. In IT department, Container as a Service provides a complete solution for container deployment service with security and governance control for IT management.

Container as a Service (CaaS) Market: Drivers and Challenges

The major drivers for Container as a Service (CaaS) market is the increasing usage of micro services, the rise of DevOps, and containerization has changed enterprises applications.

Enterprises has started implementing hybrid cloud with infrastructure for virtual resources they use advanced container platform.

In contrast to this, due to the tool required to monitor and manage containers is lacking in many enterprises and portability issues between servers is restraining the growth of the Container as a Service (CaaS) market.

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Container as a Service (CaaS) Market: key players

Some of the key players for Container as a Sevice (CaaS) markets are Microsoft, Cisco System, Google, VMware Inc., IBM, Amazon Web Service (AWS), HPE, Docker Inc., CoreOS, Mesosphere, Joyent, Giant Swarm, DH2i, ContainerShip, Kyup, and SaltStack.

Key Segments in the Container as a Service (CaaS) Market

By Deployment Type:

  • On-premises
  • Cloud-based

By Application:

  • BFSI
  • Education
  • Government
  • Healthcare
  • IT & Telecom
  • Media & Entertainment
  • Others

By Region:

  • North America
  • Latin America
  • Asia Pacific
  • MEA
  • Europe

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years

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Insights Into World Airborne Warning and Control System Market Growth By Forecast to 2030 | FMI

In the times of political instability, the demand for airborne warning and control systems has been on the rise. Growing tensions with neighbouring countries and need to be well-equipped with latest defence technologies has given this market a shot in the arm. These electronic radar-based control systems are designed to achieve battle management and to carry out airborne surveillance.

They are employed to locate ships, aircraft, and vehicles over vast geographic expanses of up to 400 km. In order to maintain accurate information about the airspace, airborne warning and control systems at an altitude help in the detection of friendly and hostile aircraft. Its range is much farther than a ground based radar system, making it apt for airborne surveillance.

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Improving Defense Budgets to Benefit Global Airborne Warning and Control System Market

The sheer growth in the defense techniques and adoption of improved security solutions by developing and developed countries have been the driving factors for the global airborne warning and control system market. Due to enhanced mobility, the airborne warning and control systems are difficult to track, especially at higher altitudes. Growing need to track enemy movement to be prepared is, especially for countries engaged in conflict has put this market in a spotlight. Increasing defense budgets and investments in developing sophisticated technology has also favoured market growth in recent years.

Aircraft Radar Detections to Remain Popular Segment

On the basis of application, the global airborne warning and control system market can be segmented into aircraft radar detections, wars, special mission aircrafts, and cargo and transportation. The report predicts that aircraft radar detection systems will lead the market due to their ability to detect air targets with perfect positing. These systems allow early detection of enemy attack to be prepared. The growing importance of unmanned warfare has also given this segment a good reason to grow

North America to Lead Global Market as the U.S. Continues to Improve its Arsenal

In terms of geography, North America leads the global airborne warning and control system market. Continuous improvements to arsenal, investments in development of technology, and prolonged wars has given this region an edge over others. Sizeable defense budgets have also played a crucial role in keeping this region in the forefront. Analysts anticipate that U.S. will lead North America’s progress in the forecast years. However, Asia Pacific too is expected to pace ahead as India continues to be surrounded by enemy nations. China has also been providing the market ample of opportunities to grow.

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Key Players

Some of the key players operating in this market are Boeing, Delco, Teledyne Ryan, Rockwell-Collins, RF Products, E-Systems, Singer-Kearfott, IBM (CC-2 Computer), Northrop, Hazeltine/Siemens AG, AIL Div., and Eaton Corp etc.

How Will Growth Unfold?

In the coming months, the demand for airborne warning and control systems will be determined by the political volatility. Expenditure on national security measures will be the turning point of this market. Focus on unmanned combat will future boost this the market, showing its IT readiness. Additionally, investments in sophisticated machinery will also play a big part in development of this market.

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance

About Us:
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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5G RAN Market Current Trends And Future Growth Estimations Outlook To 2032

The 5G RAN market is expected to grow at a CAGR of 28.7%. The market share is predicted to increase from its current valuation of US$ 2.7 Billion in this year 2022 to a net worth of US$ 34.2 Billion in 2032 throughout this forecast period.

Cellular devices utilize radio waves in order to communicate. These devices convert the user’s voice and mobile data into digitalized signals sent as radio waves. Radio Access Networks (RANs) are implemented to ensure proper functioning of cellular devices and connect them to networks or the Internet. 

RANs utilize radio wave transceivers to connect the device to the cloud infrastructure. Most transceivers or base stations are in connection via fiber backhaul to mobile core network. RANs provide radio communication access and assists coordinative network resources across all wireless devices. 

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Wireless devices connect to cellular networks via Long Term Evolution (LTE) or 5G New Radio (NR) connectivity. Silicon chips in core network and cellular mobile devices complement the functionalities of RAN. 

RANs have evolved significantly over the past years as cellular networking technology reaches 5G. Today, 5G RAN technology has the ability to support Massive Multiple Input Multiple Output (Massive MIMO) technology, multi-band carrier aggregation, vast spectrum bandwidths, and more. 

Evolution of 5G RAN is estimated to have a great impact on the growth of wireless networking technologies, and is projected to accommodate network slicing and Mobile Edge Computing (MEC). 5G RAN technology is also likely to contribute to lowering latency which will make 5G technology even more powerful. 

5G RAN: Market Dynamics 

Infrastructure has always been the top priority of countries with regards to strategic investments. The telecom sector is a rapidly growing with governments making huge investments in IT infrastructure. National governments and public organizations are making huge investments in the betterment of national telecom infrastructures. This trend is estimated to propel the adoption of 5G RAN across every regional market. 

Strategic investments in telecom sector help governments harness the potential to create employment and drive economic growth of countries. Ongoing advancements in 5G technology have great potential to transform telecommunication industry vertical and enhance usage experience for end-users. 

Many enterprises operating in the telecommunication industry across the globe are focusing on upgrading their existing networking infrastructure to 5G networking infrastructure. This will help such telecom service providers offer services with high performance and high speed connectivity. 

Thus, huge investments targeted at upgrading national telecom infrastructure is the key factor estimated to boost the adoption of 5G RAN technology during the forecast period. 

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Competitive Landscape

How is the Start-up Ecosystem in the 5G RAN Market?

At present in 5G RAN market, a few number of national, and international competitors have promptly extended the 5G technology and are actively competing making it somewhat consolidated. Further, in order to expand their service portfolios and capture a sizable portion of the market, industry participants have indeed been focused on inorganic expansion methods as well.

However, as per the 5G RAN market analysis by FMI, more and more number of telecom operators are very likely to get into the market soon making it highly fragmented. Moreover, new 5G RAN market participants or start-ups are consistently involved in R&D operations to create new items that would satisfy consumer needs and acquire them new client base.

Recent Developments in the Global 5G RAN Market

  • In Aug 2022, India conducted the largest 5G spectrum sale and allocated bandwidths worth US$ 18.9 Billion to several telecom operators in the region. This development is expected to immensely favour the adoption of 5G RAN technologies and services in India and adjacent economies.
  • Telecoms.com, a news and research website for the telecom sector, said in November 2020 that operators in the Asia Pacific region are expected to spend over $400 billion on 5G infrastructure and over $300 billion on 5G deployment between the years 2020 and 2025.

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Key Players Of The 5G RAN Market

  • Nokia
  • Telefonaktiebolaget LM Ericsson
  • Huawei Technologies Co., Ltd.
  • Verizon; ZTE Corporation
  • NEC Corporation
  • Cisco
  • Qualcomm Technologies, Inc.
  • SAMSUNG
  • Intel
  • FUJITSU

Key Segments In The 5G RAN Market

By Component:

  • Hardware
  • Software
  • Services

By Infrastructure:

  • Distributed Antenna System (DAS)
  • Pure RAN Equipment
  • Macro Cell Infrastructure
  • Small Cell Infrastructure

By Spectrum:

  • Time Division Duplex (TDD)
  • Frequency Division Duplex (FDD)
  • Others

By Industry:

  • Telecom Operators
  • Other Enterprises

By Region:

  • North America
  • Latin America
  • Asia Pacific
  • MEA
  • Europe

About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years

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Air Pressure Sensor Market Expectations & Growth Trends Highlighted Until 2030 | FMI

The global air pressure sensor market is expected to register a CAGR 4% between 2020 and 2030. Increase in demand for reliable sensors, low cost maintenance, and high performance are anticipated to fuel the growth of the market. The demand for air pressure sensors market is rapidly increasing as they are widely used across industries such as petrochemicals, building, shipbuilding, aircraft, and medical sector among many others.

In building, medical and automotive sector, MEMS-based pressure sensors are widely used. Additionally, the shift from analog to digital has led to development of smarter air pressure sensors that deliver efficient performance. Advancements in ICT technology as well as nanotechnology applications are emerging as new trends in the global air pressure sensor market.

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Industrial Expansion to Boost Demand for Air Pressure Sensors

Improved sensitivity in pressure sensors has strongly contributed to the demand of the global air pressure sensor market. Growth of industries, increasing exploration activities, and improving disposable incomes supporting the sale of automobiles have all made a significant impact on the market. Advancement in technology, such as real-time monitoring for vehicles, is opening new doors to the growth of pressure sensors for medical and automotive applications. In coming years, it is anticipated that penetration of MEMS technology is going to lead the overall global air pressure sensor market. However, higher cost of the investment for production, could act as a major restraint in the global air pressure sensor market.

Asia Pacific to Lead as Emerging Economies Boost Manufacturing Activities

On the basis of region, Asia Pacific, Japan and Latin America are expected to be the growth engines of for the global market. Asia Pacific is anticipated to dominate the global air pressure sensor market as China and India continue to be the key manufacturing hubs for the world. In Latin America, Brazil is expected to present the largest opportunity in terms of revenue of the air pressure sensor market. The remaining regions are expected to grow at a steady rate over the forecast period.

Air Pressure Sensor Market: Key Players

Some of the key market participants in global air pressure sensor market are ABB Ltd., Analog Devices, Inc., Analog Devices, Inc., Analog Devices, Inc., Emerson Electric, General Electric, Freescale Semiconductor, Honeywell International, Robert Bosch GmbH and others.

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Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

About Us:
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Flexible AC Current Transmission System Market Are Expected To Surpass US$ 1.9 Bn By 2032 | Discover More Insights From FMI

The sales in the market are expected to surpass US$ 1.9 Bn by 2032, exhibiting growth at a CAGR of 8.5% over the forecast period 2022-2032.  Flexible AC Current Transmission System (FACTS) is a power electronic-based system, composed of static equipment used for the AC transmission of electrical energy. Global flexible AC current transmission system demand is estimated to total US$ 1.3 Bn by the end of 2022.

FACTS offers collective controllability and the power transfer ability of the network, as well as results in reduced power supply costs. Complexity in networks has increased the issues in power supply quality, flexibility and reliability.

Depending on compensation types global flexible AC current transmission systems market (FACTS market) can be segmented into Static Var Compensator or SVC, Static Synchronous Compensator or STATCOM, Thyristor Controlled Breaking Reactor or TCSC, Thyristor Controlled Series Capacitor or TSC, Thyristor Switched Series Reactor or TSR and Static Synchronous Series Compensator or SSSC.

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Flexible AC Current Transmission System Market: Drivers

With the rising demand of power in electricity usage and other applications, it has created countless opportunities for FACTS. Its benefits include reduction in loop flows, voltage fluctuations and reactive power flows. Other benefits are increase in power system security and power loading capability. FACTS controllers provide faster control actions as compared to conventional devices, such as switches or phase shifting transformers. On the other hand, key challenges for global flexible AC transmission systems market (FACTS market) are the cost of these systems, growing diversities in environmental, land-use and regulatory pressures. These challenges have restricted the growth of electric power transmission facilities in many parts of the world.

Flexible AC Current Transmission System Market: Segmentation

The global flexible AC current transmission systems market (FACTS market) can be segmented on the basis of application, component and compensation type. The key application based segments of global flexible AC current transmission systems market (FACTS market) are steel industry, mining industry and electric utilities industry. For the overall optimization of the AC current transmission system, various types of FACTS components used are series controller, shunt controller, combined series-series controller and combined series-shunt controllers.

In application segment, electric utilities has the largest market share and is expected to increase with growth in demand of power electronic devices. In compensation type, (Static Var Compensator) SVC accounts for largest share in global flexible AC current transmission systems market (FACTS market).

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Global flexible AC current transmission systems market (FACTS market) is anticipated to grow at a high single digit CAGR from 2015 to 2025. Global flexible AC transmission systems (FACTS) installation revenue is anticipated to increase to nearly $40 billion during the forecast period. Currently, U.S. and Europe are the largest players in the global flexible AC current transmission systems market (FACTS market) due to replacement and up gradation of power infrastructure. However, APAC and Japan are anticipated to be the emerging regions in global flexible AC current transmission systems market due to increase in demand of renewable power sources.

Flexible AC Current Transmission System Market: Key Players

Major players in the global flexible AC current transmission systems market (FACTS market) are ABB, Alstom, Eaton and Xian Electric Engineering, General Electric, Mitsubishi Electric, Toshiba, Siemens, America Superconductor Corporation and Others.

This research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data and statistically-supported and industry-validated market data and projections with a suitable set of assumptions and methodology. It provides analysis and information by categories such as market segments, regions, product type and distribution channels.

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The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes:

  • 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
  • Middle East and Africa (GCC, S. Africa, N. Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Flexible Ac Current Transmission System Market

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

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Industrial Temperature Controller Market to Achieve A High CAGR Of 4.8% During Forecast Period -2032

Including Communication Features To Control Devices Remotely And The Reduced Size Of Equipment Have Been Enabling The Market To Gain Momentum. This Trend Will Continue As Market Player Focus On Advancements In The Communication Process Of Devices To Enable Connection With A Computer. This Will, In Turn, Give Access To Data Required For Product Optimization.
In the last couple of years, the implementation of industrial temperature control Market review has undergone several stages of evolution, starting from indigenous mechanical to microprocessor-based systems. With the digital implementation of industrial temperature controllers gaining momentum, the growth registered by the market is poised to surge in the coming years.

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Key Takeaways from Industrial Temperature Controller Market Report

  • The industrial temperature-controlled market is expected to grow at a CAGR of 4.6% between 2020 and 2030
  • The market is predicted to reach a valuation of US$3 Bn by the end of 2030 because of increasing applications in the research and industrial sectors
  • East Asia is exhibiting growth at an impressive pace as governments across high potential markets increase their investment across various industries
  • Temperature controlled devices are being increasingly used in the pharmaceutical and healthcare industry to ensure no irregularities in the quality of vaccines during shipment
  • Intelligent temperature controllers have risen in popularity because of their ability to make accurate predictions and reduce errors

COVID-19 Impact Analysis

The COVID-19 pandemic has disrupted various industries, including the industrial temperature-controlled market. Implementing lockdown and transport bans has brought production to a halt because of the lack of raw materials. This market experienced a significant drop in value from US$ 1,929 Mn in 2019 to US$1,910 Mn in 2020.

The market is, however, expected to recover and showcase an upward trajectory from 2021 onwards. The growing need for safe vaccine storage and food shipments is expected to increase demand in the market.

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Who Is Winning?

Increasing applications of industrial temperature controllers have been creating growth opportunities for players in the market. They are now focusing on producing advanced technologies to improve reading accuracies as well as ensure a safe working environment. New intelligent controllers are being introduced to boost temperature control rates and promote remote access.

For instance, Omron introduced the NX-TC series with Artificial Intelligence (AI) in 2018. It is particularly designed for multi-loop applications and offers easier in-panel installation.

Some of the key players in the industrial temperature-controlled market are Honeywell, Panasonic, Delta, Durex Industries, Xiamen Yudina, Jumo, Schneider Electric, Yokogawa Electric Corporation, ABB Ltd., Rockwell Automation, Autonics, Tempatron, Omron Industrial, Fuji Electric Co., Omega Engineering, Analog Devices, Watlow, RKC Instruments and Siemens.

Industrial Temperature Controller Market Segmentation

Product Type

  • On/Off Control
  • Proportional Control
  • PID Control

Category

  • Analog
  • Digital

End-Use

  • Metals, Mining and Metallurgy
  • Chemicals
  • Oil and Gas
  • Food and Beverages
  • Energy and Power
  • General Manufacturing
  • Research Laboratories
  • Others

Regional Outlook

  • North America – U.S., Canada
  • Latin America – Mexico, Brazil, Rest of Latin America
  • Europe – Germany, Italy, France, U.K., Spain, Russia,
  • Rest of Europe
  • The Middle East and Africa -Turkey, Northern Africa, South Africa, Rest of MEA
  • East Asia – China, Japan, South Korea
  • South Asia – India, Thailand, Malaysia, Indonesia, Oceania, Rest of South
  • Asia and Pacific

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About Us

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor  the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Global Modular Energy Control System Market: Top trends driving the industry to reach US$ 8.2 Bn By 2032 | FMI

The global Modular Energy Control System market is set to reach a valuation of US$ 3.6 Bn by 2022, and further grow at a CAGR of 8.4% during 2022-2032. The top 3 nations are anticipated to control around 56.8% of the market by the end of 2022, as sales of modular energy control systems are expected to soar.

A modular energy control system allows an energy consumer to better balance generation, consumption and storage of electrical energy. It also allows the energy consumer to store the electrical energy generated from different sources such as PV (photovoltaic) panels, batteries, etc. With conventional use of modular energy control systems, consumers can more efficiently use the energy resources by monitoring energy supplies and projecting energy demands. However, the equipment required to integrate and coordinate energy balancing may be bulky and expensive.

However, use of alternative sources of technology has been limited due to various reasons such as uncertainty of alternative energy supplies (e.g. water, sunand wind), difficulty in recovering costs and difficulty in integration all the sources and devices into a single conventional electrical control system.

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As demand for energy is increasing worldwide along environmental conservation measures and volatility in energy prices, there is urgent need for development of alternative energy sources and energy conservation. Some of the developments include automatic timers and programmable thermostats which turn off lights when not needed and control their heating and cooling systems to reduce consumption.

A modular energy control system is a wireless base unit which communicates with one or more wireless load manager units to receive power supply and demand projections from one or more loads connected to the wireless load manager. In case of dynamic variables such as change in electricity prices, the base unit transmits the message to the load manager to reduce power consumption by one or more loads or to shut it off if required. New load managers can be added to the system with a scalable cost and minimal configuration.

For instance, a business pays electricity bills on perkilowatt-hour basis. The company bears an additional charge for peak hours during the billing period. Using modular energy control systems, the instantaneous energy usage can be monitored. The system can then be adjusted so as to discourage peaky consumption because of high cost, for a short period. If the demand exceeds a threshold, demand from the grids can be reduced using batteries or critical energy users like freezers, which can be easily unplugged or disconnected using direct controls, controllable relays or sensors.

The need for efficient energy generation, consumption and storage is the major market driver for modular energy control systems. The use of renewable energy resources for generation of electrical power on a large scale is one of the major challenges for the modular energy control systems, as the stability of the grid is affected. The market for modular energy control system can be segmented into software and hardware solution providers. Top ten EMS (Energy Management Software) providers are JouleX Energy Manager, Utilities Direct, SAPSE, EnergyCAP, Schneider Electric,PowerLogic ION EEM, CRedit360, eSight Energy, C3 Energy, Hara EEM and CA Technologies.

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The research report presents a comprehensive assessment of the modular energy control system market and contains thoughtful insights, facts, historical data, and statistically supported and industry validated market data and projections with suitable set of assumptions and methodology. It provides analysis and information by categories such as market segments, geographies, types, technology and applications.

Global Modular Energy Control System Market

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

About Us:
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Calibrators Market Size, Share & Forecast | US$ 1.2 billion by 2029

In 2022, sales in the world market for calibrators market review are anticipated to reach US$ 924.7 billion. By 2029, the market is anticipated to grow at a healthy 4.1% CAGR and reach US$ 1.2 billion in value.

Sales in this market are anticipated to be driven by the simple accessibility of a large number of calibrators depending on the function and form of the equipment to be calibrated.

Additionally, the market is likely to grow due to the expanding use of pressure calibrators to ensure the accuracy of various instruments and to raise the bar for product quality.

In addition, it is anticipated that the strong demand for multifunction calibrators from a variety of industry verticals, including semiconductor, automotive, and aerospace & defence, will support the expansion of this market. In addition, the growing usage.

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While all engineers need better measurements, certain industries drive the calibration equipment market — heavily regulated industries such as medical, pharmaceuticals, aerospace/defense, automotive, and food drive calibration.

In 2018, EE Times reported on how pharmaceutical and medical industries drive calibration when we visited a calibration lab.

While not as heavily regulated, electronics and semiconductors also need verifiable measurements that are traceable to national and international standards.

In electronics, electrical measurements include voltage, current, resistance, power, and frequency. Physical measurements include temperature, pressure, flow, and weight. Temperature is, by far, the most common measurement.

FMI reports that the market value for calibration equipment was US$833.1 million in 2018. According to the report, the market value will grow with a compound annual growth rate (CAGR) of 6.2% over the period from 2019 to 2027.

While temperature, pressure, and electrical calibration equipment continue to be the most popular, pressure calibrators make up the largest segment by dollar value.

The report breaks down the calibration equipment market by region and industry. That breaks down to North America, Europe, the Middle East, Japan, Asia Pacific, and Latin America.

According to the report, the top companies in calibration equipment are Fluke Calibration, Yokogawa, AMETEK, and General Electric. There are a host of other players such as Beamex and Extech. For a comprehensive list, see the NCSL International Symposium exhibitor list.

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Competition Landscape

Leading players in the global calibrators market are conducting exhaustive research and development activities to introduce cutting-edge multifunction calibrator solutions for a wide range of industries. Meanwhile, some of the other companies are expanding their geographic presence and distribution networks to strengthen their positions in the market.

A few others are engaging in joint ventures, partnerships, mergers, and acquisitions to accelerate production of digital calibrators for catering to the high demand from various industries.

For instance,

  • In December 2021, Leuze Electronic, a specialist for innovative and practical solutions in the field of optical sensors for factory automation based in South Germany, launched novel sensors that do not need to be set up manually each time the product is changed. These can be connected via IO-Link that provides continuous monitoring and reproducible remote calibration. These features would make the sensor solutions ready for Industry 4.0 and easier to integrate these within novel packaging machines.
  • In November 2021, AMETEK STC, a leading manufacturer and developer of calibration instruments headquartered in Denmark, introduced its latest JOFRA RTC-168 Reference Temperature Calibrator to help customers operating in the food and pharmaceutical industries in calibrating the sanitary sensors. The new product is equipped with an innovative design that would enable sanitary sensors with large flanges to come closer to the temperature uniformity zone quickly.

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About Future Market Insights (FMI)

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

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