Market Research Blog

The Cloud ELN Service Market expanding at a CAGR of 13.1%, and is projected to increase a valuation from US$ 296.4 Mn in 2022 to US$ 701.7 Mn by 2029. The adoption of cloud-based electronic lab notebook (ELN) services is increasing in industries such as healthcare, research, and pharmaceuticals for data accuracy, portability, and security. They help improve collaboration in an organization, allowing data and workflow access from anywhere via an Internet connection.

Cloud ELNs help organizations save time and cost, facilitate the homogeneity of data and high-quality standards, and improve scalability and connectivity. Cloud-based ELNs provide better data management and help organizations manage their collaborations effectively.

Cloud-based ELNs are offered as SaaS on a subscription model that allows the end user to access data by any device from anywhere for service portability. Data on cloud-based ELNs can be encrypted by the user’s signature or password for data security.

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The coronavirus (COVID-19) pandemic is affecting the global economic order at almost all levels, and the cloud ELN service market will not remain immune to it. Based on initial indicators of Q1, FMI anticipates a substantial drop in spending during the first half of 2022, as the crisis echoes across every sector of the economy.

Amidst the COVID-19 pandemic, following social distancing and remote working (work from home) is becoming a confounding challenge for several companies, especially in the sphere of lab research and clinical trials. In order to address the demanding situation, key players are offering cloud ELN services to propel research or diagnostics of COVID-19 to curb its spread.

Adoption of Cloud-based ELNs in Food & Beverage Industry

Key Takeaways of Cloud ELN Service Market Study

• The academic and scientific research industry is expected to register a higher CAGR among all segments by industry during the forecast period, as by using cloud ELNs, scientists can easily access their documents and collaborate with their colleagues.
• Among the components, the software segment is projected to hold significant market share, owing to increasing adoption of cloud ELN services across various industries.
• The market in Asia Pacific excluding Japan (APEJ) is estimated to grow at a higher CAGR in the global cloud ELN service market, due to increasing awareness of laboratory solutions. Moreover, increasing number of clinical trials in emerging economies such as India, China, and Singapore is also expected to drive the growth of the cloud ELN service market in APEJ.

Cloud ELN services help develop high-quality products faster and cost-effectively in the food & beverage industry. ELNs enable food and beverage scientists to document their data and analyse it to make reports. They are useful for tracking previous experiments anywhere in an organization, which helps gain time in creating new formulations or ingredients.

Researchers can share their data with others so as to compare recipes and identify new opportunities. Cloud-based ELNs include electronic signatures, traceability, and version control to indicate approved formulations and ingredients for a specific experiment, which helps ensure compliance with global and local regulations.

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Competition Landscape

Key manufacturers in the cloud ELN service market include but are not limited to LabWare, Agilient Technologies, Perkin Elmer, Abbott Informatics, and Biodata.

Leading players in the cloud ELN service market have been observed investing in strategic collaborations and acquisitions in the industry to meet customized requirements of projects in myriad verticals.

For instance, Collaborative Drug Discovery has announced the integration of its Vault ELN with Microsoft’s Cloud Storage Program to facilitate real-time coordination between ELN users. Dotmatics has announced the acquisition of BioBright, which will involve cloud ELN capabilities with a single supplier. Also, AGU and TetraScience have joined hands for biopharma research through cloud ELN service.

More Valuable Insights on Cloud ELN Service Market

FMI’s report on the cloud ELN service market is segmented into four major sections – component (software and services), deployment (public cloud and private cloud), enterprise size (SMEs and large enterprise), industry (healthcare & life science, energy, food & beverages, academic and scientific research, petrochemicals, mining and metal, and others), across major regions such as North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan Middle East & Africa, and GCC Countries, to help readers understand and evaluate lucrative opportunities in the global cloud ELN service market.

Cloud ELN Service Market Outlook By Category

By Solution :

• Software
  • Laboratory Information Management System (LIMS) Platforms
  • Cloud Electronic Lab Notebook (ELN) Software
• Services
  • Validation Services
  • Consulting Services
  • Implementation and Integration Services
  • Support and Maintenance
  • Training

By Deployment :

• Public Cloud
• Private Cloud

By Enterprise Size :

• SMEs
• Large Enterprises

By Industry :

• Healthcare and Life Sciences
• Energy
• Academic & Scientific Research
• Food & Beverages
• Petrochemicals
• Mining and Metals
• Others

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Region:

• North America
• Latin America
• Western Europe
• Eastern Europe
• APEJ
• Japan
• MEA
• GCC Countries

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The Contactless Biometrics Technology Market size is anticipated to grow from US$ 19,456.1 Mn in 2022 to US$ 71,407.4 Mn by 2030, recording 17.6% during 2022-30. As biometrics has become a vital component within enterprises, institutions, and government facilities, contactless biometrics has gained a lot of traction offering the highest level of security mechanism.

Various contactless biometric modalities include facial recognition, iris recognition, palm vein recognition, contactless fingerprint technology and voice biometrics, which offer a significant benefit over traditional touch-based biometrics in terms of hygiene, accuracy, low maintenance and enhanced security.

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Key Takeaways of Contactless Biometrics Technology Market Study

• North America is expected to hold a significant share in the global contactless biometrics market during the forecast period, due to high adoption of touchless biometrics systems for government and military applications.
• By Technology, facial recognition is estimated to contribute the largest market share, as this contactless biometrics modality is widely implemented for identity verification and access control.
• Identity verification application to witness the highest growth rate during the forecast period, followed by access control application, where such technologies are widely adopted.
• Demand for contactless biometrics solutions among government agencies would surge, amid the COVID-19 outbreak, due to need for touchless biometrics systems for public safety applications.

COVID-19 Pandemic Impact Analysis

COVID-19 outbreak has been a prime catalyst for the growth of adoption of contactless biometrics solutions. With the spread of this deadliest virus worldwide, various organizations, governments and institutions are now focusing on hygiene and secure way of verifying the personal identities, providing access controls to the users, without any physical contact with the security infrastructure. Governments across the world has ramped up their measures to adopt contactless biometrics technologies to swiftly respond to the crisis.

There is nearly US$ 2.0 Bn absolute dollar opportunity in the year 2022 from 2011, for global contactless biometrics market, with market growing by about 16-17% YoY in the next 3 years. Amid the COVID-19 crisis, many startups and enterprises have developed and launched contactless biometrics systems, to contain the spread of this virus and ensure organizational security.

For instance, an Indian technology startup INCUBSENCE reported 75% surge in demand for touchless biometric attendance systems. UnionCommunity reported nearly 200% increase in sales of its biometric face and iris recognition products across the Middle East region.

Many companies in Japan are rapidly deploying contactless biometric solutions amid the coronavirus threat, partnering with NEC for facial recognition biometrics. Innovatrics is offering free ID verification module to developers in Slovakia, against their fight to COVID-19 pandemic outbreak.

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Increasing Adoption of Facial Recognition Technology to Propel Sales

Facial recognition technology has been gaining momentum since recent times, as it is one of the most adopted contactless biometrics modalities. From daily common tasks such as unlocking mobiles, to digital banking identity verification, and identity authentication for government applications, facial recognition market traction will continue to grow. Amid the COVID-19 outbreak, various countries are widely adopting facial recognition solutions to track and trace COVID-19 patients.

For instance, Indian law enforcement agencies are using facial recognition software for monitoring COVID-19 patients. Russia has also deployed facial recognition systems to keep track of its citizens. With the increasing intensity and frequency of the COVID-19 cases, governments and organizations around the world, relay of such contactless biometrics technologies to contain and control the outbreak, which will fuel the market growth.

More Valuable Insights on Contactless Biometrics Technology Market

Future Market Insights offers an unbiased analysis of the global contactless biometrics technology market, providing historical data for 2015-2021 and forecast statistics from 2022-2030.

Contactless Biometrics Technology Market Outlook by Category

By Technology:

• Contactless Fingerprint Technology
• Facial Recognition
• Iris Recognition
• Palm Vein Recognition
• Voice Recognition
• Contactless Cards

By Component:

• Hardware
  • Contactless Fingerprint Scanners
  • Facial Recognition Scanners
  • Iris Recognition Scanners
  • Palm Vein Scanners
  • Others
• Software
  • Integrated Biometrics Software
  • Standalone Software/Middleware
• Services
  • Professional Services
  • Managed Services

By Application:

• Identity Verification
• Payments & Transactions
• Access Control

By Industry:

• BFSI
• Government & Law Enforcement
• Healthcare
• Military & Defense
• Retail
• Others

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Region:

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

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In 2022, sales in the robotic gripper market overview are anticipated to reach US$ 1.6 billion. By 2028, the market is anticipated to grow at a healthy 9.8 percent CAGR and reach US$ 2.8 billion in value.

A new market research study by Future Market Insights on the robotic gripper market contains a global industry analysis 2014-2021 and an opportunity assessment 2022-2028. The report investigates the robotic gripper market and provides critical insights for the forecast period of 2022-2028.

According to the report’s findings, a number of factors, including the use of smart materials for improved capabilities, the expanding range of applications, and a rise in the number of end-use industries, are expected to propel the global robotic gripper market to significant growth over the forecast period.

Increases in the automotive, semiconductor, and electronic industries, the launch of a particular gripper portfolio, and a rise in robotic automation in certain places like East Asia have all played major roles in this expansion.

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Owing to the rapid growth of factory automation in East Asia and other nations including Singapore, Malaysia, and more, the demand for robotic grippers is expected to grow at an impressive pace. According to the FMI analysis, the onset of Industry 4.0 is further expected to increase the adoption of robotic grippers in smart factories. 

A list of Key Players Covered in the Robotic Gripper Market are:

• SCHUNK GmbH & Co. KG
• Soft Robotics, Inc.
• Piab AB
• Applied Robotics
• ABB Limited
• Grabit Inc.
• Yaskawa America, Inc.
• J. Schmalz GmbH
• Festo AG & Co. KG
• Onrobot

Surplus Growing Opportunities in the East Asia Market

Japan is one of the significant countries in robotic automation and is expected to show an upsurge in the robotic gripper market. South Korea has a high number of robot-10,000 employee ratio, in China is expected to register a high growth rate in recent years, owing to high labour costs and increased automation. These countries have a major share in the global robotic gripper market, hence East Asia is expected to generate substantial growth opportunities for the robotic gripper market.

Use of Innovative Smart Materials to Surge the Market Growth

The global robotic gripper market has been segmented based on the different types of grippers, multiple jaw types, their multiple operations, different segments of applications, end-use industry and regions such as Americas, EMEA (Europe, Middle East and Africa), SAP (South Asia Pacific) and East Asia.

• Robotic gripper technology has been incessantly growing in recent years, consecutively growing the robotic gripper market. The use of smart materials to make more adaptive and flexible grippers is taking place. More advancement is expected to happen in electric and pneumatic grippers which will help the robotic gripper market grow exponentially.
• Concerningto application robotic gripper market is expected to show a large growth in the material handling segment as it is prominently used in the end-use industry. Followed by the general assembly segment which is projected to have a fair share in the market growth.
• Automotive industry is one of the significant drivers of the robotic gripper market followed by the electronics and semiconductors industry. The availability of a vast gripper range that is application-specific enhances the precision and speed requirement in these industries.

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Robotic Gripper Market: Vendor Insights

The report highlights some of the prominent market players, who have established themselves as leaders in the global robotic gripper market. A few examples of key players in the market are Soft Robotics, Inc., Piab AB, Applied Robotics, ABB Limited, Grabit Inc., Yaskawa America Inc., J. Schmalz GmbH, Festo AG & Co. KG, Onrobot, Bastian Solutions, COVAL VACUUM TECHNOLOGY Inc., and Brenton Engineering, among others. The global robotic gripper market players are primarily focusing on the development of the product, such as flexible robotic gripper, electrostatic robotic gripper, and vacuum robotic gripper, that can react more and more similar to the human arm and has a wide range of payload capacity for different end-use industries to gain a greater share in the robotic gripper market.

Robotic Gripper Market by Category

By Product Type:

• 2-Jaw Grippers
• Angular & 3-Jaw Grippers
• O-Ring Grippers
• Needle Grippers
• Vacuum Cups
• Magnetic Grippers
• Special Purpose Grippers
• Others (Electrostatic, Bellow, Toggle)

By Application:

• Material Handling
• General Assembly
• Inspection & Others

By End Use:

• Automotive & Transportation
• Electronics & Semiconductors
• Food & Beverages
• Chemicals & Pharmaceutical
• Logistics
• Healthcare
• Others

By Region:                                                       

• Americas
• EMEA
• South Asia & Pacific
• East Asia

Competition Landscape

Leading players present in the robotic gripper market are aiming to conduct research and development activities to come up with unique electric vacuum grippers to cater to the high demand from factories across the globe. With the ongoing development of smart factories and adoption of factory automation, key players are likely to launch highly innovative products to ensure a reliable pick-and-place operation at the workplace. Meanwhile, some of the other manufacturers are planning to invest huge sums in the establishment of robust distribution networks to compete in the market.

For instance,

• In January 2022, researchers at Biomimetics and Dextrous Manipulation Lab at Stanford University created a robotic hand named farmHand. It is capable of handling various items, such as angle grinders, raw eggs, basketballs, jugs of liquids, plates, and even bunches of grapes. It is equipped with multi-jointed fingers that resemble a human hand and these are topped with gecko-inspired adhesives.
• In December 2021, engineers at the National University of Singapore (NUS) developed a reconfigurable hybrid robotics system called Soft Touch inspired by the human hand. This robot hand gripper can manipulate and grip a range of different objects from delicate, soft, and small things to bulky, heavy, and large ones. This development would help those industries that rely on the dexterity of human beings, including fast-moving consumer goods packaging, vertical farming, and food assembly.

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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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A new market research report by Future Market Insights on the industrial robotics market includes global industry analysis and opportunity assessment 2022–2028. The report investigates the industrial robotics market and provides critical insights for the forecast period of 2019-2029.

The industrial robotics market is predicted to reach US$ 96.82 billion by the end of 2028. The market is growing as more attention is paid to enhancing the productivity of high-volume production lines, particularly in the manufacturing of semiconductors and electronic devices.

As per the findings of the report, the global industrial robotics market is projected to indicate substantial growth over the forecast period due to multiple driving factors such as adoption of Internet of Things (IoT) in industries and growing digitalization of manufacturing industry across geographies.

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Sales in the global industrial robotics market are anticipated to reach US$ 33.75 Bn by 2022, increasing at a CAGR of 19.2% over the forecast period of 2022–2028, according to Future Market Insights (FMI).

By 2022, East Asia is anticipated to represent more than two thirds of the global revenue for industrial robotics, making it the most lucrative market. Through 2028, the automotive and electronics industries are projected to hold a lion’s share of the global market based on end use category.

These technologies are increasingly being used for large number of applications including painting, assembly, welding, palletizing, packaging & labeling, and product inspection.

Driven by this, industrial robotics accounted for more than 40% of the sales in the global robotics technology market in 2020.

East Asia is estimated to hold significant market share in terms of value in the global industrial robotics market. However, the South Asia market is projected to project lucrative growth in the global industrial robotics market over the forecast period of 2022-2028. This growth is propelled by the rapid growth in the factory automation rate in countries of South Asia and East Asia such as China, India, and Vietnam, among others. The economic condition of these countries have been evolving positively.

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Furthermore, macroeconomic factors such as growing population, rapid industrialization, and urbanization, are some of the factors driving the growth of the industrial robotics market. The automotive industry in East Asia has gained a considerably positive momentum over the past years, which has increased the adoption SCARA robots and articulated robots in the manufacturing process and is estimated to indicate the rewarding growth of industrial robotics market in the East Asia region.

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Automotive Industry to Remain Key End-use Industry of Industrial Robotics

The global market of industrial robotics has been segmented on the basis of different types of industrial robots, their multiple applications, end use industries, and regions such as North America, South Asia, Europe, East Asia, and the Rest of the World.

By product type, the articulated robots segment is estimated to hold a significant share of the global industrial robotics market in terms of value. This has mainly resulted from the rising productivity in manufacturing processes and improving quality of products. On the basis of end use, the automotive industry is estimated to hold substantial market share of the industrial robotics market in terms of value. This is driven by digitalization of manufacturing processes. Moreover, it is expected that the application of industrial robotics in the electrical/electronics industry will be prominent throughout the forecast period.

On the basis of application, the handling operations segment is projected to consume majority share of the global industrial robotics market value. Also, the welding segment is estimated to project lucrative growth in the industrial robotics market over the forecast period.

Industrial Robotics Market: Vendor Insights

The report indicates some of the prominent market players, who are recognized as leaders in the global industrial robotics market. These key market players in the global industrial robotics market are Yaskawa Electric Corporation, FANUC Corporation, Kawasaki Heavy Industries Ltd, Kuka AG, Mitsubishi Electric, Teradyne Inc. (Universal Robots), ABB Ltd., Yamaha Motor Co., Ltd., Hirata, Corporation, and Denso Wave Incorporated, among others.

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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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The global building automation systems market review is estimated to reach a valuation of US$ 44.6 Bn in 2021. Once the initial impacts of COVID-19 are fully countered, the market is anticipated to grow at a robust 7.8% CAGR through 2031.

Increasing development of smart cities and connective technology including the Industrial Internet of things (IIoT) will continue augmenting market growth, with the U.S., the U.K., Germany, and Japan emerging as top producers during the assessment period.

There is a significant rise in the demand for building automation systems (BAS) across the globe. The market has witnessed phenomenal growth in the past few years with a CAGR of 5.7%.

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Key Takeaways

• Several advancements in the BAS industry have propelled its adoption in small and medium-sized buildings and the trend is anticipated to prevail in the upcoming years.
• Tremendous improvements can be witnessed in the building automation systems market in recent years with the objective of providing optimal safety and comfort to occupants.
• Since traditional technologies have taken a backseat now, market players are focusing on launching novel connective technologies and systems to facilitate advanced automation metrics.
• Backed by advanced technological factors, the building automation systems market is anticipated to witness lucrative growth prospects during the forecast period.
• Rapid urbanization in various developed and developing economies is providing lucrative growth opportunities to create sophisticated smart cities.
• The North American region is anticipated to emerge as a dominant market with a growth rate of 7.2 CAGR through the forecast period.

Competitive Landscape

Honeywell International, Schneider Electric, Siemens AG, ABB, Johnson Controls, Plc, Delta Electronics, Inc., Eaton Corporation, Bosch Rexroth, Emerson, AVASGLO Group, Signellent Technologies (India) Pvt. Ltd., Comnatz Thailand Company Ltd, Deos AG, MCS Automation Technology Company Ltd., Philips Lighting are some of the key companies profiled in the full version of the report.

As a part of their growth strategies, leading players operating in the global building automation systems market are emphasizing product developments, intensive research and development, and strategic collaborations, mergers, and acquisitions to establish a firm foothold in the market.

More Insights into the Building Automation Systems Market

Owing to the rapid expansion of the commercial and residential sector in the U.S., it is anticipated to rule the building automation systems market in the North American region with a healthy CAGR of 7.2% CAGR through the forecast period.

The emergence of innovative technological solutions in industrial and commercial processes is one of the key factors driving sales of building automation systems in the U.S. Furthermore, rising concerns regarding excessive energy consumption within various industries is propelling the implementation of building automation systems.

The regulations imposed by European Union to promote energy efficiency are likely to spur the growth of the building automation systems market. The European building automation systems market is estimated to grow at a healthy CAGR of 7.0% in upcoming years.

Building automation systems are paving the way for educational institutes and tourist attractions such as museums, art galleries, and amusement parks, where power supply and consumption are controlled by BAS.

Rising environmental concerns regarding pollution, the Chinese government is emphasizing on development of green buildings across the country. Key market players in China are offering novel and sophisticated BAS solutions to cut down excessive energy consumption.

Besides commercial spaces, demand for the convenience of comfort among city dwellers is also driving sales of building automation systems.

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Building Automation Systems Market by Category

By Product Type:

• Hardware
• Software
• Services

By System Type:

• Security & Surveillance
• HVAC
• Lighting Solutions
• BEMS (Building Energy Management)

By Application Type:

• Commercial
• Residential
• Government

By Region:

• North America
• Latin America
• Europe
• South Asia
• East Asia
• Oceania
• Middle East and Africa

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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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The global demand for condition monitoring services market growth is projected to surpass the valuation of US$ 6.79 Bn by 2031 end. As recommended by a replacement Future Market Insights (FMI) report, substantial growth within the condition monitoring service market is principally backed by the expansion of the facility generation industry. Which holds an outstanding share of the general market value, closely followed by the chemical and petrochemical industries.

Particularly conscious of the virus’s potential implications are the petrochemicals, automotive, and logistics industries. Several business CEOs have halted their production activities due to the widespread lockdowns in the majority of the nations.

Global demand for condition monitoring services is increasing as a result of rapid industrialization and expanding urbanisation, which are creating tremendous opportunities for key market players in the automotive and transportation industries. However, the UN Conference on Trade and Development predicts that by 2022, the present global coronavirus epidemic will have cost the world economy about US$1 Tn.

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Key Takeaways of Condition Monitoring Service Market Study

• According to our research, the portable machine diagnostic segment is shaping the revenue pool of the condition monitoring service market as the portable equipment is used to analyze data from the sensors, saving time of operation.
• In the current scenario, integration of condition monitoring software with computerized maintenance management services & process control software is an emerging trend in the global condition monitoring service market.
• North America is a prominent market for condition monitoring services and is expected to continue its hegemony, owing to its strong industrial growth and high adoption of the services in the region.
• In the global condition monitoring service market, over 55% of the revenue comes through vibration analysis and oil analysis segments. A rising focus on maintenance to minimize asset downtime is fueling the deployment of both techniques.

In order to minimize the asset downtime, it is necessary to monitor the assets continuously or in regular intervals, especially in facilities such as power generation and petrochemical plants. Given the criticality of highly accurate results in such facilities, manufacturers are striving to further develop condition monitoring software that can be integrated into the services to record the data.

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Condition Monitoring System Market by Category

By Technique:

• Corrosion Monitoring
• Infrared Thermography
• Motor Condition Monitoring
• Oil Analysis
• Ultrasound Testing
• Vibration Analysis

By Application:

• Aerospace and Defense
• Automotive and Transportation
• Chemical and Petrochemical
• Food & Beverage
• Marine
• Mining and Metal
• Oil and Gas
• Power Generation

  By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia & Pacific
• Middle East and Africa (MEA)

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Cider and Perry are made from the fermentation of the juices of apples and specially grown varieties of pears, respectively, they are alcoholic beverages usually having 6 % to 8.5 % alcohol and retain some carbon dioxide, so that they have ‘fizz’, much like beer. Commercially available Perry drink is also sometimes referred as ‘pear Cider’. Pear Cider and Perry drinks are both made from fermentation of pears, with no other similarity.

Pear Cider drink can be made with imported pear juice or concentrated and can include some quantity of apple juice in the final drink. The main difference between pear Cider and Perry is that pear Cider drink can use the juice from edible pear varieties like ‘conference pears’.

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Proper Perry, on the other hand, is made only from proper Perry pears. Cider and Perry drink is the fastest growing market in the drink industry and has been considered by old and young of both genders to be the preferred draught and packaged drink.

The market has now opened up to broader consumer spectrum from quality pursuing to value seeking drinkers and comprised of many well-known & high quality brands producing drinks in many flavors. The demand for craft beers has also spilled over to Cider and Perry increasing the premium offerings of the consumers. The craft Ciders are gaining popularity with more apple producers producing small scale Ciders in traditional and non-mechanized ways.

Cider and Perry market: Drivers and Restraints

The growth rate of Cider drink market is driven by the introduction of mass market brands providing Cider drinks at much lower prices than branded Cider drinks. Also current economic situation and mature markets such as U.S & Australia are also driving the growth of the market. The consumers in these mature markets are seeking for beer alternative which represents huge opportunity for Cider and Perry drink. Market innovation mixed with product innovation is also boosting the overall market for Cider and Perry.

The major challenge for drink makers in the Cider and Perry market is to raise product awareness and to distinguish their product from sparkling wine.

Cider and Perry market: Trends

Tart and fruity Cider drinks are acting as an alternative to strong craft brews in ‘brew pubs’ where they make their own beer, brew pubs now like to offer Cider drink on tap and in bottles. Cider drinks are now readily offered as companion products through similar channels such as bottled product or in bulk ‘keg’ containers.

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Cider and Perry Market: Segmentation

The global Cider and Perry market can be segmented on the basis of product type, trade type and by geography. Based on product type the market can be segmented as traditional Draught Cider, packaged Cider and keg Cider. Draught Cider covers the largest market share and is expected to grow in the forecast period. The segmentation based on trade includes off trade and on trade.

Cider and Perry Market: Region wise outlook

Geographically, the global Cider and Perry market is segmented into seven key regions: North America, South America, Eastern Europe, Western Europe, Asia Pacific excluding Japan, Japan, and Middle East & Africa.

Cider and Perry market: Key players

Some of the major players identified across the global Cider and Perry market are Crispin Cider Company, WOODCHUCK CIDER, Louis Dupont, Ace Cider, Aspall, BROTHERS DRINKS CO. LTD, SOMERSBY, SONOMA BEVERAGE WORKS, Merchant du Vin, Samuel Smith Old Brewery (Tadcaster).

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.

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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.

Cider And Perry 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 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 4 years.

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The global fluorotelomers market is expected to reach $1.8 billion by 2032, according to Future Market Insights data analysis. The fluorotelomers market is expected to be worth $1.2 billion by 2022. If current trends continue, the market is anticipated to grow at a 3.8% CAGR between 2022 and 2032. On a regional basis for the fluorotelomers market, North America and Asia Pacific present promising economic prospects.

High demand from the domestic segment for various textile forms is expected to propel demand over the forecast period, owing to the increase in disposable income and a higher standard of living. This sector is primarily a small segment of the global fluorochemicals market.

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Key Takeaways from the Fluorotelomers Market Study:

• The Asia Pacific region now has a monopoly on the fluorotelomers market due to rising investment levels and expanding demand for textiles and apparel.
• The Minister of Innovation, Science, and Industry of Canada, for example, announced a US$28.99 million investment in Meltech Innovation Canada Inc. in 2021.
• The rapidly expanding demand for fluorotelomers for packaging applications in the food and beverage industry is expected to drive fluorotelomers market growth.
• Due to the increasing use of fluorotelomers in the industrial production of PPE kits and masks in the pharmaceutical and healthcare industries, the fluorotelomers market has expanded substantially.
• However, due to the toxicity of fluorotelomer alcohols, the market for fluorotelomers may face growth challenges in the coming years.

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Due to their environmental benefits, fluorotelomers are becoming more and more popular in specialised industries including semiconductor, metal plating, and photography. Additionally, the most recent advancements in niche fields including optics, pharmacology, electronics, repellents, and surfactants are anticipated to present huge prospects for fluorotelomers on a global scale.

Demand for fluorotelomers may increase as a result of the end-user sectors’ shift toward technological developments, which is anticipated to draw young people from all over the world.

Viewpoint for the Region

APAC, led by China and India fluorotelomers market size, dominated regional demand in 2015, generating revenues of more than USD 157 million. Government subsidies and FDI in the textile industry were key drivers of regional demand.

Europe’s fluorotelomers market, influenced by Germany, Italy, and France, is expected to grow at a CAGR of more than 12% by 2023.

MEA is expected to grow at a rapid pace, driven primarily by increases in clothing investment in Turkey, Egypt, and Saudi Arabia. Rising construction spending in Brazil is anticipated to be an encouraging factor driving demand for fluorotelomers in Latin America.

Competitive Landscape

The global fluorotelomers market share is highly systematised and classified by technological innovation. Daikin America, Fluoryx, Dynax, TCI, Wilshire Technologies, Sigma Alrich, and AGC Chemicals are among the major market players.

Telomer manufacturing firms are frequently integrated from supply of raw materials to manufacturing. Vendors, wholesalers, and traders enter into an agreement with manufacturers and buyers. Third-party agreements may add value to the finished product; however they also focus on ensuring the buyer’s continuous production supply.

Get Valuable Insights into Fluorotelomers Market

FMI, in its new offering, provides an unbiased analysis of fluorotelomers  market presenting historical demand data (2017-2022) and forecast statistics for the period from (2022-2032). The study divulges compelling insights on the demand for Fluorotelomers based on Product Type (Fluorotelomer Alcohol, Fluorotelomer Acrylate, Fluorotelomer Iodide, Others), by application (Fire Fighting Foams, Food Packaging, Stain Resistant, Textiles, Others) by Region (North America, Latin America, Europe, East Asia, South Asia, Oceania, Middle East and Africa ).

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About the Food & Beverage Division at Future Market Insights

Expert analysis, actionable insights, and strategic recommendations – the food & beverage team at Future Market Insights helps clients from all over the globe with their unique business intelligence needs. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analysed the food & beverage industry lucidly in 50+ countries for over a decade. The team provides end-to-end research and consulting services; reach out to explore how we can help.

About 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:
Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
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