Demand for Biodegradable Microbeads is Projected to Grow at a Robust CAGR of 8.7% Between 2022 And 2032

The global biodegradable microbeads market size is projected to grow at a healthy CAGR of ~8.7% during the forecast period of 2022 to 2032, reaching around ~US$ 9.6 Bn by 2032.

Key factors influencing the growth of biodegradable microbeads market include the innovation and development of eco-friendly products, rising need for reducing plastic pollution, and increasing usage of biodegradable microbeads across various industries.

Moreover, growing awareness about the benefits of biodegradable microbeads and implementation of stringent government regulations pertaining to the use of plastics will bode well for the market during the forecast period.

The biodegradable microbeads contain plastic-like properties and help to provide a perfect compounding in the manufacturing of the product. As these microbeads are biodegradable they contribute to the sustainability of the environment. Therefore, various countries have developed labs for the production of biodegradable microbeads.

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Similarly, various initiatives taken by manufacturing companies and government organizations to educate people about the benefits of using eco-friendly products are likely to boost sales of biodegradable microbeads in the market during the next ten years.

Key Takeaways from the Biodegradable Microbeads Market Study

  • Based on microbeads type, the exfoliator scrub segment holds the highest volume share of ~61.7% in the biodegradable microbeads market.
  • By material type, cellulose and starch are expected to collectively hold a significant share of more than ~75% of the total biodegradable microbeads market share during the forecast period.
  • By application outlook, cosmetics and personal care segment holds a major share of more than ~35% in the global biodegradable microbeads market.
  • Europe and North America together are anticipated to hold the major share in the biodegradable microbeads market.
  • The U.S. biodegradable microbeads market is poised to grow at a robust pace over the assessment period.
  • Demand for biodegradable microbeads in India is likely to surge at a healthy pace amid growing adoption of products with natural ingredients.

“The manufacturers are formulating their investment for the expansion of their product line and product innovation to cater to the needs of environmental sustainability. Besides this, they are focusing on new ways of manufacturing eco-friendly products in the international market.” Says an FMI analyst.
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Leading manufacturers of biodegradable microbeads market are focused on innovation & development of new biodegradable microbeads and new product launches that have driven sales growth of biodegradable microbeads market globally.

Major players present in the biodegradable microbeads market are BASF SE, Naturebeads, TerraVerdae, Evonik Industries AG, Matsumoto Yushi Seiyaku Company, Trelleborg AB, Sigmund Lindner GmbH, and Mo-Sci Corporation among others.

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Future Market Insights, in its new offering, provides an unbiased analysis of the global biodegradable microbeads market, presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032. The study divulges compelling insights on the biodegradable microbeads market based on by microbeads type (dispersible, soft beads, and exfoliator scrub), application outlook (composites, paint & coatings, cosmetics & personal care, and others), material type (cellulose, aliphatic polyesters, and starch), compounding (powder based and granules based) across seven major regions.

Global Biodegradable Microbeads Market by Category

By Microbeads Type:

  • Dispersible
  • Soft Beads
  • Exfoliator Scrub

By Application Outlook:

  • Composites
  • Paint and Coatings
  • Cosmetics and Personal Care
  • Others

By Material Type:

  • Cellulose
  • Aliphatic polyesters
  • Starch

By Compounding:

  • Powder based
  • Granules based

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • MEA

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Market Trends For Electrical Enclosures, Industry Expansion, Demand, Size, Share, Analysis, And Projections Through 2022–2028

Future Market Insights delivers key insights on the global electrical enclosure market a new publication. The long-term outlook on the global electrical enclosure market remains positive with the market value expected to increase at a CAGR of 4.9% during the forecast period (2022-2028). Among the end use segments in the electrical enclosure market, the industrial segment is expected to expand at a significant CAGR in terms of value as well as volume over the forecast period.

Global sales revenue of electrical enclosures is estimated to be valued at US$ 62.22 Bn by the end of 2028. China is estimated to account for a value share of 37.1% in the global electrical enclosure market by 2022 end and is anticipated to retain its dominance throughout the forecast period. In this report, Future Market Insights throws light on the various drivers and restraints likely to impact revenue growth of the market during this period.

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Rapid Growth of Renewable Power Generation Key Growth Driver

Most of the end users are now shifting their focus to alternative forms of power or energy rather than depending on energy generation by fossil fuel operated power generators. These alternative forms of energies – for instance, wind power, solar power and other forms of renewable energy are gaining popularity among all types of end users. Additionally, carbon emission and dependency on fossil resources is increasing day-by-day. Thus, in order to control this dependency, usage of renewable energy sources such as wind and solar energy is likely to be the new trend in the energy and power industry. Establishment of these power generation facilities will increase the demand for electrical enclosures in the upcoming years. Many countries such as the U.K. and Germany among others, are planning to adopt renewable energy sources, which is expected to further increase the demand for electrical enclosures for transmission and distribution.

Capacity Addition Plans and Installation of New Grids to Power the Electrical Enclosure Market

The governments of various countries have planned to make huge investments on numerous projects to provide better electricity services. For instance, the government of Russia has devised plans such as the GOELRO plan, Russian SFSR Electrification Plan, and Railway Electrification Plan among others, for establishing new power grids to provide electricity in the rural areas of the country. These plans are being supported by the State Commission for Electrification of Russia. Also, the government is focussing on installing new transmission lines in order to create a national grid and also to develop railway electrification, which will in turn boost the demand for electrical enclosures. These planned investments across various sectors such as infrastructure, power, and railways among others, will drive significant growth in the electrical enclosure market.

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Need for Integration of Grid Infrastructure

Increasing transmission and distribution activities across the globe have increased the demand for installations of enclosures, which in turn, is driving the market of electrical enclosures. Transmission and distribution expansion, along with urbanisation, is necessary for the development of industrial and manufacturing sectors. Some countries, such as GCC countries and Turkey have the potential to become the hub for many manufacturing industries, which will increase the demand for electrical enclosures owing to rapid industrialisation. By material type, metallic enclosures will witness supreme demand as they have a longer life and reduce the risk of fire hazards. Climate control enclosures can work in extreme climatic conditions and are ideal for use in several regions, thereby driving demand in the global market.

Segmentation Analysis

The electrical enclosure market is segmented on the basis of product type into junction enclosure, disconnect enclosure, operator interface enclosure, environment and climate control enclosure and push button enclosure.

On the basis of product type, the junction enclosure segment is anticipated to continue to dominate the global market in terms of value over the forecast period. The junction enclosure segment is estimated to grow at a relatively high CAGR as compared to other types over the forecast period. It is expected to represent a total incremental opportunity of US$ 1,691.2 Mn between 2022 and 2028.

Regional Market Projections

The electrical enclosure market in China is expected to represent significantly high incremental opportunity between 2022 and 2028, while the North America electrical enclosure market is projected to expand at a significant CAGR in terms of volume over the forecast period. Sales of electrical enclosures in North America is expected to represent a total incremental opportunity of US$ 523.3 Mn between 2022 and 2028.

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Market for Automated Material Handling Systems to Expand at a 9.4% CAGR Through 2032

The automated material handling systems market is predicted to increase at a CAGR of 9.4% from 2022 to 2027, rising from USD 28.8 billion in 2022 to USD 45.1 billion in 2027. Due to the commencement of COVID-19, the automated material industry is developing primarily due to increased demand for ASRS in the e-commerce industry.

The material handling industry is expected to benefit from the growing trend toward smart factories. In order to evaluate operating efficiency and decrease waste, the entire manufacturing floor now requires monitoring at every step of the process. In such cases, smart factories with handling equipment provide continuous monitoring of all processes. Furthermore, many intuitive technologies included in material handling systems, such as cloud connectivity and data analytics, improve asset performance and give real-time actionable data.

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Wireless remote-control systems that help give better diagnostics and save commissioning time are also provided by the incorporation of such automated material systems placed in facilities. The rise of industry 4.0 and smart factory development is creating a potential market for automated material handling systems as a result of the aforementioned considerations.

The failure or breakdown of AMH equipment can have a significant impact on a company’s overall earnings. Breakdowns cause the entire production process to be delayed, resulting in output losses and plant performance degradation. As a result, such automated material handling systems businesses’ must invest extensively in preventive maintenance of their AMH equipment in order to avoid downtime and assure proper operation.

The automated material handling systems market growth is predicted to rise as the e-commerce industry continues to develop. Today’s e-commerce industry is booming all over the world, creating a great need for process automation. Amazon, Walmart, and other major retailers are progressively incorporating automated technologies to carry out operations in a more efficient, precise, cost-effective, and secure manner. Aside from that, the growth of the manufacturing industry is a big contributor to the material handling systems market expansion.

Owners of facilities are concentrating on producing and delivering products to their clients at a faster, cheaper, and higher quality rate. As a result, integrating handling equipment allows for more efficient production cycles, which minimises operational costs and waste.

SMEs are unable to fully automate their supply chains due to the high upfront expenses of implementing AMH technology. Because small businesses cannot afford automated material handling systems, they must rely on traditional/manual material handling methods. Some major businesses reduce their upfront costs by renting industrial trucks, leasing equipment, or purchasing used equipment. This is expected to hinder the sales for new equipment.

Key Takeaways

  • Due to factors such as rising need for industrial processes and warehousing units, Asia Pacific dominates the worldwide automated material handling systems market.
  • Due to increased penetration of online shopping trends, the presence of large online vendors, rising logistics infrastructure, and other factors, the e-commerce sub-segment is predicted to grow significantly throughout the projection period. This trend is driving warehouse operators to add automation technology into their warehouses in order to manage the supply chain ecosystem more efficiently.
  • The unit load sub-segment is predicted to grow at the fastest rate, propelling the automated material handling systems marketforward in the near future. This can be attributed to the e-commerce industry’s expansion.
  • Due to rising consumption from the food and beverage, pharmaceutical, and e-commerce industries, the packaging sub-segment is predicted to rise gradually over the projected timeline.

Competitive Landscape

Due to the growing demand for increased efficiencies at distribution centres as a result of the expansion of eCommerce, prominent corporations are proactively working on supplying automated material handling systems for logistics solutions businesses. Furthermore, to supplement the market for handling equipment, these main companies are focusing on sales efforts. According to secondary sources, European retailers ordered Vanderlande TMHE’s AGFs to establish a fully automated distribution centre in their new distribution facility.

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Daifuku, KION, SSI Schaefer, Toyota Industries, and Honeywell International are among the key players.

Recent Developments

KION Group will open a new forklift truck manufacturer in China in December 2021 to provide supply chain solutions. For future manufacture of industrial trucks and supply chain solutions in Jinan, the plant has a total volume of roughly 140 million.

Toyota Material Handling Japan introduced the SenS+ operation system in August 2021, which detects and identifies pedestrians and objects behind the forklift and instantly controls and stops the truck’s backward motion.

Daifuku and AFT industries collaborated in February 2021 to combine their material handling capabilities in the automotive business. Daifuku and AFT will benefit from each other as a strategy to open global markets and secure increased demand and investments in material handling systems from car manufacturers.

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

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Japan Is Expected To Be One Of The Most Lucrative Markets Throughout The Forecast Period, According To FMI

The market for hydrogen electrolyzers was worth $350.6 million USD in 2021. Sales are anticipated to increase by 24.2% CAGR over the forecast period, reaching US$ 3.7 Bn by 2032.

During the forecast period, the market is anticipated to grow due to the rising popularity of hydrogen energy. With the implementation of strict government regulations designed to protect the environment by reducing pollution, the adoption of hydrogen electrolyzers is anticipated to increase steadily in the upcoming years.

In terms of revenue, Europe is anticipated to lead the hydrogen electrolyzer market in 2022 and to expand significantly over the course of the forecast period. Due to the growing use of hydrogen electrolyzers in the industries of metal production, automotive, biotechnology, energy, and hardware manufacturing, Germany is predicted to hold the largest share in the European market.

A few of the major factors anticipated to drive growth in the hydrogen electrolyzer market include rising demand for green energy, strict regulations linked to a high carbon footprint, and soaring investment to develop the industrial sector globally. Additionally, it is anticipated that a significant increase in the use of hydrogen fuel in the transportation sector will spur market expansion.

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What Factors Will Drive the Global Hydrogen Electrolyzer Market in 2022-2032?

“In the Future, the Electric Vehicle Industry Will Make Extensive Use of Hydrogen Electrolysis”

Government efforts to reduce carbon emissions from vehicles have resulted in significant technological advancement in the automotive and transportation sectors in recent years. Due to growing environmental concerns and the rapid international development of inventive hydrogen fuel stations, electric and hydrogen fuel cell vehicles have attracted enormous investments.

To meet the rising demand for hydrogen fuel from various end-use sectors, particularly the energy and transportation sectors, manufacturers are primarily concentrating on developing new products with higher capacity ranges.

In the coming decade, it is anticipated that demand for hydrogen electrolyzers will increase due to growing interest in carbon-free materials and the demand for carbon-free steel. The market is also anticipated to grow during the forecast period as a result of the rising use of carbon-free steel in a variety of products, including surgical scalpels, cargo ships, automobiles, and electronic appliances.

Which Factors May Hamper the Demand for Hydrogen Electrolyzers?

“High Initial Investment May Obstruct the Demand for Hydrogen Generators”

One of the biggest issues facing the hydrogen electrolyzer market is the high initial investment. Sales of hydrogen electrolyzers are expected to be hindered because small-scale and pilot plants cannot afford the capital investment due to the equipment’s high operating costs.

But there are initiatives underway to create distinctive goods with low operating expenses. To lower the cost of hydrogen electrolyzers, major players are also working to maintain a smooth supply chain and production lines.

Commercial hydrogen production uses natural gas, coal, and a variety of hydrocarbons. However, a significant amount of carbon dioxide is produced as a byproduct of this process, which increases greenhouse gas emissions (GHG). Manufacturing costs are rising as a result of the implementation of stricter regulations aimed at limiting or mitigating the effects of GHG.

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Country-wise Insights

Where Does the U.S. Stand in the Hydrogen Electrolyzer Market?

“Carbon Emission Reduction Norms to Bolster the Need for Hydrogen Electrolysis”

One of the markets for hydrogen electrolyzers in North America with the fastest growth is thought to be the United States. In the upcoming ten years, the country is anticipated to grow at a respectable rate of 21.4%. The growth is attributed to the U.S. government’s expanding initiatives to increase hydrogen production in various nations.

California, for example, changed the Low Carbon Fuel Standard and proposed a stricter carbon intensity reduction rate that must be adhered to until 2030. The state also intends to encourage the construction of refuelling facilities and grant CCUS operators access to credit-generation programmes using low-carbon hydrogen. As a result, it is anticipated that such initiatives by regulatory bodies across the U.S. will stimulate growth during the forecast period.

What is the Japan Hydrogen Electrolyzer Market Outlook?

“Alkaline Electrolyzers to Gain Traction with the Introduction of New Targets”

By 2022, Japan is anticipated to grow at a CAGR of 27.3% and hold more than 3/4 of East Asia’s market share for hydrogen electrolyzers.

Japan is anticipated to be among the most profitable markets over the course of the forecast period, according to FMI. It is anticipated that the country’s roadmap for carrying out the main hydrogen strategy will bode well for the market. New pricing and deployment goals for hydrogen and fuel cells are part of its innovative strategy, which will raise the demand for alkaline electrolyzers in Japan.

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According To Future Market Insights, The Military Parachute Market Will Reach $430.9 Million By 2027.

By the end of the forecast period, the global military parachute market is anticipated to have generated additional revenue worth over US$ 430.9 Mn while expanding at a CAGR of 4.6% from 2018 to 2027. The market for military parachute demand is anticipated to be driven by rising demand from personal use applications.

Dynamics and trends in the military parachute market, projections of its value (US$ Mn) and volume (Units), competitive landscape, recent advancements, and macroeconomic factors for the analysis period of 2018 to 2027.

As per a recent market research intelligence report released by Future Market Insights (FMI), with governments of major developed economies having increased their overall military budget and spending in the last few years, demand for military parachutes, too is estimated to grow. Growing instances of joint para-trooping exercises and increasing air-borne combing will substantially contribute to the sales of military parachutes.

Global sales of military parachutes are expected to peak at approximately US$ 918.4 million in 2019, representing a moderate 4.3 percent annual growth in global revenue over the same time period.

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North America to Dominate Military Parachute Landscape; APAC Fastest Growing

While North America is estimated to dominate the military parachute landscape with the maximum market share, falling military spending in the Middle East over the past few years, despite increasingly growing tensions in regions like Iraq, Libya, Syria and Yemen, demonstrates a limited revenue-generating landscape in the Middle East. On the other hand, the military parachute market in Asia-Pacific is projected to exhibit a relatively higher CAGR, considering growing maritime patrol operations across the South China Sea and the Indian Ocean coupled with substantial defence expenditures by China and India.

“FMI forecasts notable spending on RDT&E activities, aimed at expanding the applications of parachutes used in the military sector. In addition, the growing demand for troop parachutes and air-dropping of troops would supplement to the adoption of lightweight and high-load carrying military parachutes. The Lightweighting of military parachutes is expected to remain a crucial revenue-generating opportunity for the manufacturers. Although nylon remains the most widely used material given its high elasticity and more resistance to mildew, Dacron and Kevlar have also been used for parachute canopies”, Senior Analyst, Future Market Insights.

FMI Identifies Pain Points that need to be addressed

  • Military Parachute Manufacturing Lacks Regulation Standardization

Manufacturers of military parachutes are governed by region-specific regulations with varied testing standards. Moreover, in the absence of uniform flammability standards, manufacturers use their own testing protocols, making it difficult for such products to find prominence, at a global level.

  • Military Parachutes Users are More Prone to Injuries

Although parachuting is a fast and effective way of transporting a large number of troops, it also is responsible for a number of injuries and sometimes, death owing to imperfect landing. Several studies indicate that injuries in the static line group is much higher compared to the free fall group. In addition, light suits replacing the traditional free-fall parachute jumps for tactical operations, is projected to limit the sales of military parachutes, in the coming years.

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Round-Type Military Parachutes Generate Maximum Revenue; Ram-Air Parachutes Gain Prominence

With approximately 40 percent market share, round-type parachutes will push maximum revenue into the global military parachute market given their superior utility in in military, emergency, and cargo applications. However, advancing at a relatively higher year-on-year growth rate, compared to other types of military parachutes including cruciform parachutes and ribbon and ring/annular, the Ram Air parachutes are the most recent innovation designed to handle, spread, and mitigate the stresses of deployment at terminal velocity. Also, known as parafoils, Ram Air parachutes have the ability to lose altitude quickly, eliminating the need for spirals and S-turns, thereby making it crucial in tactical assault systems.

“In terms of application, military parachutes for personnel will account for almost 85 percent market share, by 2027-end, considering its responsive handling, safe flight characteristics, and better glide performance”.

Insights from Competitive Landscape Analysis

  • Tier-1 players are projected to exhibit dominance over 35-40 percent market. Such players include BAE Systems, Safran SA, CIMSA Ingenieria de Sistemas, S.A., and FXC Corporation.
  • Nearly 60-65 percent market concentration is demonstrated by tier-2 players including Complete Parachute Solutions, Inc., and Aerodyne Research, LLC.

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

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SLD Market is Projected to Grow at a CAGR of Around 5.8% During 2022 – 2032 | Report by FMI

The SLD Market revenues were estimated at US$ 69.9 Bn in 2021 and is anticipated to grow at a CAGR of 5.8% from 2022-2032, according to a recently published Future Market Insights report. The market is expected to reach a valuation of US$ 69.9 Bn in 2022 and US$ 131.6 Bn by the end of 2032. Analog-based SLD Market is projected to grow at US$ 5.2% CAGR during 2022 – 2032.

Due to its growing application areas, the electronic component business has enjoyed rapid expansion in recent years. Consumer electronics products including mobile phones, DVDs, and TVs, as well as workplace automation equipment such as printers and PCs, have contributed considerably to this expansion.

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This rapid expansion has prompted many firms in such industries to establish new manufacturing facilities and increase production capacity in recent years. Furthermore, continuous technological improvements are likely to broaden the functionalities of standard logic devices (SLD), propelling the global standard logic devices market forward during the projected timeframe.

Standard logic devices & packaging have emerged as critical frameworks for facilitating the creation of extended lifetime goods and supporting the large lead times experienced by manufacturers in general. New alliances and partnerships have emerged throughout the years to fulfil the growing need for standard logic devices across semiconductor makers.

A variety of conventional 5400/7400 logic family types are in high demand, supporting the market for standard logic devices. The growing adoption of integrated circuits (ICs) can be attributed to advantages such as ease of use and quick availability. However, the sophisticated functionality of items throughout the standard logic devices (SLD) industry must be improved. The fixed functionality of ordinary logic devices makes complex features difficult to implement. Several chips must also be placed on the printed circuit board. The goods are available off the shelf.

“During the projected period, the rise of Standard Transceiver Type can become a key driver in raising the SLD market revenue.” comments a Future Market Insights analyst.

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Competitive Landscape

Numerous companies are emphasizing organic growth techniques such as new releases, product approvals, and others such as copyrights and events. Acquisitions, partnerships, and collaborations were among the inorganic growth tactics observed in the industry. Some of the recent market developments include:

  • In July 2021, Nexperia unveiled the world’s thinnest as well as tiniest standard logic DHXQFN module with 14, 16, 20, & 24 pin variations. The 16-Pin DHXQFN Package is 45% smaller than that of the market-standard DQFN16 leadless device, and it saves 25% of PCB area, allowing devices to also be placed nearer to the bypass capacitor.
  • In January 2020, Toshiba announced the release of a Logic Output Photocoupler of 10Mbps specifically for PLCs. The new TLP2363 consumes only 4mA of power and operates across a wide range of temperatures from -40 to +105°C. It is suitable for high-speed systems due to its low propagation latency of about 80ns.

More Insights Available

Future Market Insights, in its new offering, presents an unbiased analysis of the SLD Market, presenting historical market data (2015-2021) and forecast statistics for the period of 2022-2032.

The study reveals extensive growth in SLD Market in terms of SLD Market by Gate IC Type (OR , AND, Universal Gates (NAND and NOR), EXOR, EXNOR), Buffer/Driver type Industry (Inverting, Non-inverting), Transceiver Type (Standard, Parity, Registered), Flip-Flop/Latches Type (SR flip flop, D flip flop, JK flip flop, T flip flop), Switches and Multiplexer Type (Analog , Buffered , Protocol Specific), Registers Type (Storage Registers, Shift Registers),and across five regions (North America, Latin America, Europe, Asia Pacific, Middle East & Africa).

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Market Segments Covered in SLD Market Analysis

By Gate IC Type:

  • OR
  • AND
  • Universal Gates (NAND and NOR)
  • EXOR
  • EXNOR

By Buffer/Driver type Industry:

  • Inverting
  • Non-inverting

By Transceiver Type:

  • Standard
  • Parity
  • Registered

By Flip-Flop/Latches Type:

  • SR flip flop
  • D flip flop
  • JK flip flop
  • T flip flop

By Switches and Multiplexer Type:

  • Analog
  • Buffered
  • Protocol Specific

By Registers Type:

  • Storage Registers
  • Shift Registers

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • Latin America

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https://amanroad.com/blogs/51529/Geofencing-Market-2022-Present-Scenario-and-Growth-Prospects-2032

https://penposh.com/blogs/19845/Geofencing-Market-Research-Report-2022-Global-Forecast-till-2032

https://community.homingo.com/post/geofencing-market-2022-key-players-swot-analysis-key-indicators-and-forecas–634d0cde88710a82c79be18f

https://www.login.ps/blogs/5030/Geofencing-Market-2022-Key-Players-End-User-Demand-and-Consumption

https://kansabook.com/read-blog/64714

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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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Sales of Combat Boots is Likely to Rise at a CAGR of 3.9% From 2022-2032

The global combat boots market size  is expected to be worth US$ 1.74 billion in 2022, with a projected value of US$ 2.55 billion by 2032.  The demand for combat boots is expected to increase at a CAGR of 3.9% between 2022 and 2032.

The combat boot market is witnessing growth due to the ongoing developments by combat boot companies. These companies are putting their products through rigorous testing to ensure that they can withstand tough conditions with minimal wear and tear. Furthermore, the demand for combat boots is increasing since they are designed to provide stability in challenging and harsh conditions by giving a solid grip, enhanced ankle stability, and superior foot protection. Law enforcement officers, firefighters, military personnel, and adventurers who work in harsh weather conditions are the primary drivers of combat boot industry growth.

According to US Defense Department data, 60,000 military soldiers were present in Afghanistan, Iraq, and Syria in March 2019, and this number is expected to increase in the near future, resulting in rising sales of combat boots and fuelling combat boot market expansion. Furthermore, rather than parades or other ceremonial duties, troops wear them during battle or combat training. As a result of an increase in the number of military personnel for security objectives, the combat boots market share is expected to grow on average.

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As internet penetration has grown, so has the number of users of various social networking sites. Taking this into consideration, it is expected that the majority of the leading companies in the combat boots market are likely to promote their products and services using these social media channels. However, due to the high costs and widespread popularity of combat boot brands such as Nike, Adidas, and Puma, counterfeit brands have proliferated. As customers in emerging economies are price sensitive, counterfeit brands have become common.

Key Takeaways from Personal Fitness Trainer Market

  • The United States holds the second highest share of the combat boot market. In 2022, North America is anticipated to capture 21.89% of the global combat boot market.
  • Asia Pacific is likely to increase rapidly over the forecast period. An increase in government intervention to quell riots, protests, and disaster management activities is expected to boost regional demand for combat boots.
  • In 2022, Europe is projected to hold more than 25.89% of the combat boot market. Europe is anticipated to dominate the combat boot business between 2022 and 2032.
  • From 2022 to 2032, the Jungle combat boots category is expected to dominate the combat boots market.
  • Military combat boots are expected to dominate the market based on application.

“A variety of manufacturing companies are witnessing investment opportunities in the niche market for combat boots. Additionally, the production of composite plastic toes offers a significant market opportunity for manufacturers of combat boots.” –  FMI Analyst

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Competition Landscape in the Personal Fitness Trainer Market 

Leading industry companies are expected to concentrate on expanding their operations in the Asia Pacific area due to the steadily growing clientele in nations like China and India. Significant market players are anticipated to invest in R&D initiatives in this respect in order to maintain their competitiveness during the forecast period.

NS Boots Pvt. Ltd., McRae, Wolverine World Wide, Belleville Boot Company, Magnum Boots, Maelstrom Boots, Bates Boots, Rampage, and Under Armour are some key players in the combat boot market.

Recent Developments in the Personal Fitness Trainer Market:

  • The GSG9.2 Footwear, a combat boot with military inspiration from Adidas, went on sale in June 2019.
  • In April 2020, the first responders in New York City will get 1,000 pairs of combat boots from the Italian footwear manufacturer Garmont Outdoor.
  • The 5.11 A.T.L.A.S. (All Terrain Load Assistance System) combat boot line was introduced in February 2020 in Las Vegas, Nevada.

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Combat Boots Market by Category

By Type:

  • Jungle Boots
  • Desert Boots
  • Cold Weather Boots
  • Others

By Application:

  • Military
  • Hiking
  • Travel
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Middle East & Africa
  • Oceania
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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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Global Industry Analysis and Opportunity Assessment for the Electricity Transmission Infrastructure Market, 2015–2025

Growing electricity concerns, usage of new transmission technology, along with the use of large central station generating plants (to serve giant areas), the demand for electricity transmission infrastructure is increasing. Spanning across the world, much-needed attention is required for the electricity transmission infrastructure market. The waves of electricity transmission started in the 1900s.

Located near demand centres, it is a bulk transmission of electrical energy from generating power plants to electrical substations. However, it is different from electric power distribution (limited wiring between high-voltage substations and customers). For transmission networks, transmission lines need to be connected to each other.

The developing infrastructure market has largely focused on the development of the electricity transmission infrastructure market. Economic growth, an increase in the population, policy initiatives, and connecting to renewable energy sources are the factors that are expanding and extending the growth in the electricity transmission infrastructure market.

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Market Dynamics for Electricity Transmission Infrastructure

To add new capacity and better monitoring facilities, new transmission lines are being built and existing systems are being retrofitted. Forces such as the need for electricity and significant capital investments are considered as one of the biggest drivers for the increasing demand for the electricity transmission infrastructure market. Investment in the smart grid accounts for a major share of the overall market.

Also, the increasing regulatory standards have strongly contributed to the demand for the global electricity transmission infrastructure market. However, loss of electrical energy in long distance transmission (which cannot be stored) is the major restraint in the global electricity transmission infrastructure market.

Electricity Transmission Infrastructure Market: Region-wise Outlook

The global electricity transmission infrastructure market is expected to register favourable growth for the forecast period, 2015–20. 2025. The Asia-Pacific region, led by China (driven by the government’s engagement in expanding and upgrading the transmission infrastructure), is projected to increase its control of the global electricity transmission infrastructure market. North America (driven by the increasing creation of renewable energy projects) is expected to be the second largest market in the global electricity transmission infrastructure market, followed by Western Europe.

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Key Players in the Electricity Transmission Infrastructure Market

Some of the key market participants in the global electricity transmission infrastructure market are ABB Limited, Alstom SA, Mitsubishi Electric, Eaton, General Electric Company, Hitachi Limited, Siemens AG, Toshiba Corporation, and OSRAM Licht AG, among many 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, technology, and applications.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and 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 outlines the qualitative impact of various market factors on market segments and geographies.

Market Segmentation for Electricity Transmission Infrastructure

On the basis of transmission lines, the global electricity transmission infrastructure market is segmented as:

  • Overhead power transmission
  • Underground power transmission

On the basis of product type, the global electricity transmission infrastructure market is segmented as:

  • Transformers include power and distribution transformers, among others.
  • Switchgear and switchboard apparatus.

On the basis of applications, the global electricity transmission infrastructure market is segmented as

  • Industrial
  • Commercial
  • Residential
  • Transportation
  • Others

On the basis of technology, the global electricity transmission infrastructure market is segmented as:

  • High-voltage direct current (HVDC)
  • Smart Grid
  • Others (new transformer core shapes, amorphous core transformers, among others)

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About Future Market Insights (FMI)

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

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Through 2032, Future Scenarios, Market Expansion, And Analytical Insights Are Provided For The Market For Chilled Display Cases.

The report analyses 20+ high-growth markets and provides detailed information on refrigerator display cases. Market growth will evolve in the next decade. Increasing refrigerated display case sales are set to enable the market’s valuation to reach US$9.6 billion in 2021. Future Market Insights (FMI) in a study has predicted stable, long-term growth for the market.

The refrigerated display case (RDC) market has been registering high growth for the last few years. This growth is projected to continue over the coming years due to increasing demand from the food retail sector. The increasing population and rapid urbanisation in emerging economies will create significant opportunities for growth in the next few years.

Refrigerated display cases are mostly used in retail stores and the food and refreshment industry, for example, general stores and hypermarkets, supermarkets, eateries, hotels, and non-routine outlets. RDCs help to attract customers through an attractive visual display of food and drink products.

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The refrigerated display case market’s immediate and long-term growth prospects remain positive. According to the report, the retail food and beverage sector will continue to account for over 70% of sales of refrigerated display cases through the forecast period.

The introduction of high-performance and connected refrigerated display cases with real-time cloud access and maintenance will create lucrative growth opportunities. In the coming years, the market will also benefit from the launch of low GWP refrigerants aimed at lowering environmental challenges.

Key Takeaways

  • The expansion of supermarkets and hypermarkets will remain a chief growth driver, enabling the market to rise at a 5% CAGR between 2021 and 2031.
  • Rising demand for ready-to-eat food is fuelling refrigerated display case sales across supermarkets and hypermarkets in the U.S. The country is expected to account for over 70% of the North American market.
  • Expansion of the food service sector will enable growth in Germany and France.
  • The U.K. will emerge as a strong market, exhibiting 8% y-o-y growth in 2021 after a period of decelerating sales in 2020.
  • While China currently holds dominance, Japan will emerge as the leading market in East Asia, backed by rising demand for packaged food.

“Recent developments in the food service and food retail sectors are creating lucrative prospects for the market. Consumers’ inclination towards add-on features like real-time maintenance, remote access, and others is increasing, which is expected to provide tailwinds to growth. In order to woo end users, manufacturers are therefore providing competitive price offerings and advanced technologies, “says an FMI analyst.

The implementation of stringent government norms and regulations on the use of refrigerant for cooling is estimated to create high growth avenues for the refrigerated display case market. The increasing focus on eco-friendly and sustainable refrigerated display cases in developed and developing economies across the globe is creating growth opportunities.

Competitive Landscape

The refrigerated display case market is fairly competitive, with key players accounting for over two-thirds of the overall market value. These players are likely to invest in new technological developments and the expansion of their networks in order to maintain their market share.

The refrigerated display case market is fairly competitive, with key players accounting for over two-thirds of the overall market value. These players are likely to invest in new technological developments and the expansion of their networks in order to maintain their market share. Some of the key players in the market are Carrier Corporation, Frigoglass SAIC, Epta S.p.a. Refrigeration, Dover Corporation, Haier Group, Arneg S.p.A, Illinois Tool Works, Daikin Industries, Ltd., Fagor Industrialand others.

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The cooled display case market is likely to grow at a moderate pace during 2021–2031. However, as it is a mature market, companies are expected to concentrate further on research and development activities. Collaboration, mergers, and acquisitions with regional companies will continue to be key strategies used by market players seeking to expand their presence in the regional market.

Get Valuable Insights into the Refrigerated Display Cases Market Report.

Future Market Insights, in its new offering, provides an unbiased analysis of the global refrigerated display case market, presenting historical demand data (2016–2020) and forecast statistics for the period from 2021–2031. The refrigerated display cases market study uncovers convincing bits of knowledge based on type (plug-in, semi-plug-in, and remote), design (vertical, horizontal, and hybrid), and end user (food service sector and retail food and beverages sector) across six key regions.

About Future Market Insights (FMI)

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

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Demand for Smart Home Appliances Market is Projected to Increase at a CAGR of 8.1% During 2022-2032

The global smart home appliances market size is anticipated to garner US$ 75 Billion while expanding at a CAGR of 8.1% during the forecast period ranging from 2022 to 2032, as per Future Market Insights’ recent report. The market is estimated at US$ 32 Billion in 2021 and US$ 34.5 Billion in 2022. Product demand is being driven by factors, such as the growing penetration of smart homes, rising home improvement projects, and rapid developments in IT and wireless communication.

Technological advances incorporated into homes are augmenting industry growth. Makers are incessantly developing and transforming smart home appliances to cater to the relaxed lifestyles of tech-savvy consumers. Besides, brands have been improving smart automation and hi-tech features for smart homes. Digital smart dials and voice-controlled lighting with programmable attributes are anticipated to appeal to millennial clientele. On the other hand, high costs involved in technological advancements, which can result in higher global product costs, may hurt industry development.

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In recent years, the demand for smart home appliances has burgeoned at a moderate rate, backed by an upward trend of advanced gadgets among millennial consumers. In terms of product type, the demand for smart washing machines is rising at an impressive rate owing to the growing demand for convenience products in residential spaces.

Key Takeaways from the Market Study

  • By product type, smart washing machines are expected to be most sought after, capturing 31% revenue
  • Smart air purifiers to enjoy equally high demand, flourishing at a 7.9% CAGR until 2032
  • Offline smart home appliance sales to retain dominance, comprising over 60% demand in 2022
  • Online smart home appliances sales to surge fastest, estimated to record an 8.1% CAGR
  • North America region is likely to account for the majority share of nearly 38% in 2022
  • Europe to generate substantial expansion opportunities, yielding 1/3rd of global revenue in 2022
  • Asia Pacific to register an 8.3% CAGR with regard to smart home appliance demand

With the introduction of novel technologies and increasing concern for the cybersecurity, the manufacturers are investing more on developing energy-efficient products to offer protection for the residential & commercial, thereby exhibiting immense growth,” remarks an FMI analyst.

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Competitive Landscape

Key players in the global Smart Home Appliances market include Whirlpool Corp., LG Electronics, Haier Group, Samsung Electronics Co. Ltd., Panasonic Corp., BSH Hausgeräte GmbH, Electrolux AB, Koninklijke Philips N.V, GE Appliances, Xiaomi Corp., among others. Recent key developments among players are:

  • In January 2022, Samsung Electronics announced its membership in the Home Connectivity Alliance (HCA) together with leading manufacturers in the smart home space, aiming to promote interoperability and greater safety.
  • In February 2021, Panasonic announced the launch of its IoT and AI-connected living platform-Mirage. Additionally, the company launched a connected refrigerator, washing machine, wifi fan, ROMA smart digital switches, and smart wifi controller plugs and switches in India.
  • In January 2022, Electrolux and other manufacturers formed the Home Connectivity Alliance (HCA) to make devices and apps work together across brands for a better consumer experience.

Key Segments Covered in the Smart Home Appliances Industry Analysis

Smart Home Appliances Market by Product:

  • Smart Washing Machines
  • Smart Refrigerators
  • Smart Air Purifiers
  • Smart TV
  • Other Smart Home Appliances

Smart Home Appliances Market by Distribution Channel:

  • Online Sales of Smart Home Appliances
  • Offline Sales of Smart Home Appliances

Smart Home Appliances Market by Region:

  • North America Smart Home Appliances Market
  • Latin America Smart Home Appliances Market
  • Europe Smart Home Appliances Market
  • Asia Pacific Smart Home Appliances Market
  • Middle East & Africa Smart Home Appliances Market

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More Valuable Insights

Future Market Insights, in its new offering, presents an unbiased analysis of the Global Smart Home Appliances market presenting a historical analysis from 2017 to 2021 and forecast statistics for the period of 2022-2032.

The study reveals essential insights based on Smart Home Appliances Market by Product (Smart Washing Machines, Smart Refrigerators, Smart Air Purifiers, Smart TV, Others), by Distribution Channel (Online Sale, Offline Sale) & Region (North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America)

Table of Content

  1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Analysis and Recommendations

  1. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

2.3. Inclusions/Exclusions

  1. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Product modifications /Innovation

  1. Key Success Factors

4.1. Strategic Developments

4.2. Key regulations

4.3. Product USPs /Technology

4.4. List of Manufacturers and Providers

Read More TOC

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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 Us:
Future Market Insights,
Unit No: 1602-006
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Plot No: JLT-PH2-X2A
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