Market Research Blog – Page 10304 – New Product Development

Gene Editing Tools Market Expected to Increase at a CAGR 18.8% through 2022 to 2029

According to latest research by FMI, the global gene editing tools market trend is estimated to have accounted for more than US$ 481.3 Mn in terms of value in 2022. The report on the gene editing tools market further projects that the gene editing tools market is likely to grow at a CAGR of over 18.8% during the period 2022-2029.

The Clustered Regularly Interspaced Short Palindromic Repeats (CRISPR/Cas9) segment is a leading segment in terms of revenue by product type in the gene editing tools market, and accounted for an approximate revenue share of 75% in 2018. CRISPR/Cas9 gene editing tools are most widely used by scientists to create transgenic animals that include zebrafish, pigs, mice, rats, and primates. Among all the distribution channels in the gene editing tools market, the academic and research institutes segment is expected to be most prominent segment, followed by biotech and pharmaceutical companies.

Prevalence of Cancers and Rare Genetic Diseases Establish a Strong Base for Innovation of Gene Editing Tools

The rising prevalence of cancer and other genetic disorders, such as sickle cell disease, heart disease, diabetes, Alzheimer’s disease, obesity, and others, is among the key factors impacting the growth of gene editing tools market. Cancer is registered to be the second most prominent cause of death worldwide. According to the World Health Organization (WHO), the number of deaths due to cancer worldwide in 2015 was 8.8 million. However, cancer alone was responsible for an estimated 9.6 million deaths globally in 2021.

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Worldwide, approximately about 1 in 6 deaths occur owing to cancer. An analysis states that approximately 70% of deaths due to cancer occur in low- and middle-income countries. Thus, gene editing is most preferred for the management of rare genetic disorders, which is driving the demand for gene editing, thus generating a favourable revenue opportunity for gene editing tools.

The growing prevalence and incidence of rare genetic disorders, majorly Sickle Cell Disease (SKD), cancer, and Alzheimer’s disease, is leading to the high demand for genome editing, and is one of the leading factors that is contributing significantly to the growth of the gene editing tools market. Moreover, gene editing tools, such as CRISPR, TALENs, and ZFNs, find precise applications in the treatment of cancer. Owing to the high efficiency and accuracy of the CRISPR-Cas9 gene editing technique, it has emerged as a potential tool for cancer therapy. Among its various applications, CRISPR-Cas9 has a high clinical potential to detect novel target genes for cancer therapy.

Biomedical Community Eyes Potential Application of Gene Editing Tools

Introduction of technologically advanced gene editing tools is expected to boost the growth of gene editing tools market. Recent advancements in CRISPR gene editing tools and their ease of use have generated significant interest in the biomedical community. Clustered Regularly Interspaced Short Palindromic Repeats (CRISPR)-based gene editing has high potential to cater to the therapeutic landscape of induced disorders, owing to the presence of key players in the industry such as Intellia, CRISPR Therapeutics, and Editas. CRISPR gene editing tools offer precise gene-targeted treatments for β-thalassemia and SKD. Among gene editing tools, there are potential applications for CRISPR in the gene editing tools market in human therapeutics as well as veterinary therapeutics.

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Regional Players Focusing on Product Reach & Connectivity

North America, followed by Europe, is a prominent region in the global gene editing tools market. North America accounts for a revenue share of about 25.0% in 2021 in gene editing tools market. Europe accounting for the second-largest revenue share, and is followed by South Asia in the gene editing tools market. India, China, and Japan are among the emerging markets in the gene editing tools market. Japan is among the fastest-growing emerging markets in the global gene editing tools market, and is projected to grow at a CAGR of more than 6% during the forecast period of 2022-2028.

The gene editing tools market report tracks some of the key companies operating in gene editing tools market, such as Thermo Fisher Scientific Inc., ERS Genomics, CRISPR THERAPEUTICS, Merck KGaA, Editas Medicine, Takara Bio USA, New England Biolabs, Intellia Therapeutics, Inc., and GenScript Biotech Corporation. Majority of the key regional players in the gene editing tools market are focused on increasing their product reach and connectivity with the help of domestic distributors of gene editing tools. Moreover, the manufacturers of gene editing tools are focused to strengthening their businesses in high-growth markets, such as India, Japan, China, and Argentina, by expanding their sales and distribution channels across these countries.

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Automotive ABS and ESC Market Expectations and Growth Trends Highlighted Until 2029 | FMI

A recent research report delivered by Future Market Insights (FMI) has projected the global market for automotive ABS and ESC to exhibit an undulating expansion over the forecast period, 2022 to 2029. Global sales of automotive ABS and ESC has been estimated to surpass US$ 100 Bn in revenues by 2029-end.

In 2021, the market for vehicle ABS and ESC is expected to be worth close to US$ 90 Bn. The market is anticipated to reach a projected value of US$ 100 Bn by 2029 and to increase at a y-o-y rate of 11% through 2022.

ESC technology in the global automotive ABS and ESC market will remain preferred among consumers. Revenues from sales of ESC technology in vehicles are forecast to account for nearly one-fourth share of the market in 2029. Demand for ESC technology will further witness an upsurge over the forecast period. The largest revenue share of the market has been anticipated to be accounted by three channel ABS technology, with sales poised to expand at approximately 10% CAGR through 2029. Sales of four channel ABS technology will continue to witness a relatively slower expansion than three channel ABS and ESC technology segments through 2029.

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The automotive industry is currently being propelled by hi-tech innovation, being more inclined toward adoption of advanced technologies for reducing crashes and mitigating impact of accidents on passengers. Automotive safety systems, such as ABS and ESC, are therefore gaining immense traction among consumers across the globe. Leading manufacturers of ABS and ESC systems are adopting strategic approaches such as mergers & acquisitions and new product launches, with an aim of expanding their product line and maintaining their instrumental position in the market.

Europe and North America – Most Lucrative Markets for Automotive ABS and ESC

In regions such as Europe and North America, automotive ABS and ESC systems have a high penetration rate and are well established. In terms of revenues, Europe and North America will continue to be the most lucrative market for automotive ABS and ESC. The market in North America is projected to register the highest CAGR through 2022.

Asia-Pacific excluding Japan (APEJ) is also expected to be a major lucrative market for automotive ABS and ESC, with revenues estimated to exceed US$ 25,000 Mn in revenues by 2022-end. Growth of the automotive ABS and ESC market in APEJ can be highly attributed to increasing consumer preferences for better safety systems in vehicles, along with the introduction of legislation & policy framework that mandates integration of safety equipment in vehicles.

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OEMs to Account for Over 90% Revenue Share of Global Automotive ABS and ESC Market during 2017 to 2022

Automotive braking systems with improved vehicle safety and requirement of minimum maintenance, such as the ABS and ESC, introduced by OEMs have created the breakthrough developments in the market. OEMs will account for over 90% revenue share of the automotive ABS and ESC market during 2017 to 2022.

Whether in light of outlaw status of ABS and ESC, or street market liability concerns in most of the vehicles, aftermarket has failed so far in developing even a basic ABS or ESC system. However, sales of ABS and ESC systems in aftermarket are projected to register an above-average expansion through 2022, although estimated to account for a very low revenue share of the market over the forecast period.

Compact Vehicles to Account for Nearly One-Third Market Revenue Share throughout the Forecast Period

Sales of automotive ABS and ESC are forecast to register the fastest expansion in compact vehicles, followed by light commercial vehicles and heavy commercial vehicles. Nearly one third revenue share of the market is projected to be accounted by automotive ABS and ESC sales in compact vehicles throughout the forecast period. In addition, sales of automotive ABS and ESC in mid-sized vehicles are also projected to record a robust expansion through 2022.

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Market Taxonomy

Region

North America
Latin America
Europe
Japan
APEJ
MEA

Technology Type

Three Channel ABS
Four Channel ABS
ESC

Vehicle Type

Compact Vehicle
Mid-Sized Vehicle
Premium Vehicle
Luxury Vehicle
Commercial Vehicle
Heavy Commercial Vehicle

Sales Channel

OEM
Aftermarket

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Automotive Cylinder Liner Market Latest Advancements and Business Opportunities 2027 | FMI

Future Market Insights has recently published a new market research study on the automotive cylinder liner market that Contains global industry analysis 2017–2021 and opportunity assessment 2022–2027. The report investigates the automotive cylinder liner market and provides critical insights for the forecast period of 2022-2027. As per the key findings of the report, the global automotive cylinder liner market is expected to witness considerable growth in upcoming years due to the increasing implementation of emission norms, coupled with downsizing of engines, resulting in the increase in demand for light weight automotive cylinder liners.

The global automotive cylinder liner market is estimated to reach ~US$ 4,741.1 Mn in 2022, and increase at a CAGR of ~3.5% during the projected period of 2022-2027. This growth is expected to be mainly driven by the increasing demand for passenger and commercial vehicles across the globe.

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Emergence of High-Quality Automotive Cylinder Liners Expected to Drive the Market in APAC

Sales of automotive cylinder liners are directly related to the production of automobiles. China, being one of the prominent manufacturers in the automotive industry, is expected to account for a prominent share in the global automotive cylinder liner market. The emergence of innovative, high-quality, and cost-effective products is expected to drive the market growth in the region. To enhance the durability and efficiency of engine, new materials have been developed, which are more efficient than the traditionally used in cylinder liners. In addition to rising number of regional players in Asian Pacific countries including China and India, key players are targeting the region for improved customer base and increased geographical footprint. Furthermore, in India, the government provides an extensive support to farmers to purchase agricultural equipment and work more efficiently. The Indian government offers crop loans, credit schemes, and subsidized interest rates, which boost the demand for agricultural vehicles, in turn, increasing the demand for automotive cylinder liners.

Growing Electric Mobility to Impede the Market Growth

The dependency of consumers on conventional cylinder liners is now shifting. Consumers’ preference is expected to shift from conventional vehicles to electric vehicles, which is expected to create a hindrance in the growth of the automotive cylinder liner market across the globe. A large production of electric vehicles in the Asia Pacific region is supporting the penetration of electric vehicles in the fuel-driven conventional automobile market. Increasing preference for electric vehicles, which are environment friendly, safe, and easy to handle, is likely to hamper the growth of the automotive cylinder liner market in the Asia Pacific region

Automotive cylinder Liner Market: Taxonomy

Vehicle Type

Light Duty
Heavy duty

Liner Type

Dry Liner
Wet Liner

Material Type

Cast Iron
Aluminium Alloys
Steel
Titanium

Application

Diesel Engine
Gasoline Engine

Region

North America
Latin America
Western Europe
Eastern Europe
APEJ
MEA
Japan

Automotive Cylinder Liner Market: Vendor Insights

The report highlights some of the prominent market players, who have established themselves as leaders in the global automotive cylinder liner market. Few examples of key players in the market are Federal-Mogul LLC, Mahle GmbH, Nippon Piston Rings Co. Ltd., ZYNP Corporation, India Pistons Ltd., TPR CO., LTD., Bergmann Automotive GmbH, Westwood Cylinder Liner Ltd., Aichi Machine Industry Co., Ltd. among others.The global automotive cylinder liner market is considered to be significantly fragmented one. Global players falling under Tier-1 category accounts for ~20% of the overall market share, whereas medium-sized and small-sized players are expected to be prominent in the global market. Tier-1 players are focusing on investing in new technology that would contribute to reduce the weight of the engine.

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Automotive Cylinder Liner Market – Key Research Findings

The global automotive cylinder liner market size in 2022 is ~US$ 4,741.1 Mn.
The automotive cylinder liner market is estimated to grow at a CAGR of ~3.5 % over the forecast period of 2022-2027.
Use of automotive cylinder liner in light duty vehicles is likely to result in increased market share during the forecast period.
In countries, such as India, China, France, U.K., and Spain, the growing production of passenger cars is resulting in significant growth of the automotive cylinder liner market. The APEJ region generates high demand for agriculture equipment as well as construction equipment, which is expected to scale up the automotive cylinder liner market.
Increasing use of LCVs is likely to help the global automotive cylinder liner market witness high growth during the forecast period.
Cast iron is the most preferred material for automotive cylinder liner, mainly because of its low cost and reduced weight. Additionally, hybrid liner technology serves better functionality and is being majorly adopted by manufacturers.
Prominent value and volume share of the automotive cylinder liner market is predicted to be hold by Asia Pacific excluding Japan.
Middle East & Africa (MEA) is projected to show high growth in terms of value in the global market.
Key market players as well as OEMs are expanding their product offerings by investing in research and development. To counter various situations, manufacturers are focussing on improving the durability by using hybrid materials. Through acquisitions and collaborations, big companies are entering into local markets to further improve the business.

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Mucopolysaccharidosis (MPS) Treatment Market will Account for Revenue Worth US$ 3.37 Bn by 2029-End

In 2022, the market for treatments for mucopolysaccharidosis is anticipated to be worth roughly US$2.38 billion. The total market is anticipated to develop at a strong CAGR of 5.9% between 2022 and 2029, reaching a valuation of US$ 3.37 Bn by 2029 due to the rising prevalence of mucopolysaccharidosis (MSP) globally.

According to research, the mucopolysaccharidosis treatment is still emerging, and different geographies have implemented standard treatment options for the condition. However, there is no universally accepted treatment pattern for mucopolysaccharidosis. Mucopolysaccharidosis falls under rare diseases, which is a complex, diverse, constantly evolving field, and there is a significant shortage of medical and scientific data related to it. Mucopolysaccharidosis treatment and diagnosis involves complex managing requirements, which include long-term care, rehabilitation support, and a continuous treatment plan.

A market study presented by FMI ‘ Mucopolysaccharidosis Treatment Market Trend: Global Industry Analysis 2014-2021 and Opportunity Assessment 2022-2029,’ explains the significant factors influencing the current market structure.

Research Activities Uplift Stem Cell Therapy Application in MPS Treatment

In the present scenario, the drugs that are considered for mucopolysaccharidosis treatment, such as aldurazyme, naglazyme, vimizim, elaprase, mepsevii and hunterase, are the only regulated and recommended drugs present in the market. These drugs fall under enzyme replacement therapies, however, with present research initiatives for stem cell therapies, the latter is considered a prominent mucopolysaccharidosis treatment. Clinical research shows that stem cell transplantation covers a large area that is not covered with the more frequently recommended practice of enzyme replacement therapies, which changes the current market structure for mucopolysaccharidosis treatment, prioritising the latter.

Stem cell therapy is a therapeutic option for mucopolysaccharidosis patients suffering from a severe phenotype, as research shows the method can preserve neurocognition or can even help break the progressive neurodegeneration. The method is provided with strict selection criteria, which is followed by maintained regulations. Research shows that stem cell therapy as a treatment option is gaining popularity among healthcare professionals for mucopolysaccharidosis treatment, which can be attributed to the relation of its better reach towards a normal health condition for the patient.

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Enzyme Replacement Therapy Remains Lucrative for Market Investors

As per further assessments of the mucopolysaccharidosis treatment market, it has been difficult to collect epidemiological data pertaining to rare diseases, especially mucopolysaccharidosis treatment, which is likely to impede the actual estimation of the economic burden associated with the condition. The cost estimation for each mucopolysaccharidosis treatment type is affecting and, in turn, creating a more vulnerable situation for the businesses and disrupting research & development activities for each company.

Enzyme replacement therapy is the most attractive segment for investors, however, the unavailability of reimbursement plans and precise treatment plans is encouraging most patient in developing regions to opt for symptomatic treatments instead of enzyme replacement therapy, which is still considered to be the standard mucopolysaccharidosis treatment.

Key Players Focus on Clinical Research of Treatment Models

The report segments the mucopolysaccharidosis treatment market into seven regions to elaborate on the regional trends pertaining to the treatment plan. Major players are focusing on increasing their market share in the Asia Pacific market through strategic collaborations with regional research institutes. There is a lack of awareness about rare diseases among the general public as well as in medical healthcare facilities in several emerging economies. According to a survey and industry report, it takes patients in the US an average of 7.6 years and patients in the UK an average of 5.6 years to actually receive a proper diagnosis. Moreover, it involves a team of healthcare professionals to actually get the right mucopolysaccharidosis treatment and diagnosis pattern for reported cases.

Manufacturers are in the process of introducing a considerable number of mucopolysaccharidosis treatment options, which are currently under clinical trials. An estimated 160 and above clinical trials are being performed for mucopolysaccharidosis treatment. Thus, ensuring that the manufacturers take this mucopolysaccharidosis treatment market to be lucrative and potential rich in terms of revenue. Medical research institutes play an important role in this particular market. They are expected to be the bridge between treatment plans and economical solutions for manufacturers, thus leaving an explicable and lucrative model for mucopolysaccharidosis treatment.

The mucopolysaccharidosis treatment market includes companies such as BioMarin Takeda Pharmaceutical Company Limited, Sanofi S.A., and Ultragenyx Pharmaceutical Inc. BioMarin accounts for a significant value share in the present mucopolysaccharidosis treatment market. The currently existing promising drug types are expected to face competition from emerging candidates. In addition the mucopolysaccharidosis treatment products of other companies, such as Sangamo Therapeutics, Inc., REGENXBIO Inc., Sarepta Therapeutics, Abeona Therapeutics, Inc., and others, are also in the pipeline.

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Mucopolysaccharidosis Treatment Marketby Category Treatment

Enzyme Replacement Therapies
Stem Cell Therapies
- Bone Marrow Transplantation
- Umbilical Cord Blood Transplantation

Type of MPS

MPS I
MPS II
MPS IV A
MPS VI
MPS VII

End User

Hospital
Specialty Clinics
Medical Research Centers
Home-infusion

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Power Capacitors Market to Receive Overwhelming Hike US$ 2.3 Billion in Revenues by 2032

Overall sales of power capacitors are expected to reach nearly US$ 2.3 billion by 2032, growing at a CAGR of 2% – 4% during the forecast period. Power capacitors are electronic devices that are used to improve the power factor of electrical distribution systems. These power capacitors consist of two conducting plates separated by dielectric and insulating material.

Due to these multilayer dielectrics, power capacitors provide excellent frequency characteristics and temperature stability. Power capacitors with single-layer dielectrics are also available in the market. By connecting power capacitors to a transmission line, one can improve the overall power factor, which further positively affects the power factor of any industry.

Power capacitors are used to conserve electrical energy, temporarily, in an electric field. Most end-user industries use induction motors, which results in a low power factor in neighbouring distribution lines. This phenomenon causes the wastage of energy and big KVAR loss. Thus, to improve the power factor of a line power, capacitors are connected that improve the power factor of the neighbouring industry also.

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With the help of power capacitors, one can achieve high power and energy efficiency in electric rail traction. As per their wide range, power capacitors are used for different applications such as wind power systems, industrial drives, and also for supplying uninterruptable power to lasers for medical engineering.

Global Power Capacitors Market: Dynamics :

Due to increasing urbanization, the use of electric pumps or induction motors for irrigation and industrial purposes is increasing day by day, which, in turn, is increasing the demand for power capacitors. The governments of many countries have implemented laws and regulations regarding energy conservation, which is increasing the demand for power capacitors in the market. Thus, these government policies are expected to significantly drive the growth of the power capacitors market over the projected period.

Features of power capacitors such as high reliability, voltage stabilization, and cost effectiveness are some of the major factors that are expected to propel the growth of the power capacitors market during the forecast period. Efficient operation of power capacitors helps in reducing losses in long distance high DC voltage transmission and reduction of CO2, contributing towards the growth of the power capacitors market.

Furthermore, power capacitors are easy to integrate into overall systems, which is anticipated to further drive the growth of the power capacitors market over the projected period. Moreover, the increasing demand of power capacitors for usage as voltage and frequency convertors and RFI filters is also fueling the growth of the power capacitors market.

Global Power Capacitors Market: Segmentation :

The global power capacitors market can be segmented on the basis of voltage, end user, and region. Power capacitors market by voltage: Low Voltage Power Capacitors, Medium Voltage Power Capacitors, High Voltage Power Capacitors; Power capacitors market by end user : Utilities, Industries, Others.

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Global Power Capacitors Market: Competition Landscape : Key Vendors :

Some of the key vendors in the power capacitors market are Schneider Electric, Eaton Corporation Plc, ABB Ltd., Larsen & Toubro Ltd, Aerovox Corp., GE Grid Solutions, Nissin Electric, AB Power System, GE Digital Energy, and Clariant Power System.

Key Segments Profiled in the Power Capacitors Market

Voltage:

Low Voltage
Medium Voltage
High Voltage

End User:

Utilities
Industries
Others

Region:

North America
Latin America
Western Europe
Eastern Europe
Asia Pacific excluding Japan (APEJ)
Japan
Middle East & Africa

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E-Scooter Financing Market New Technological Development Projecting Massive Growth 2022 – 2032

According to the e-scooter financing industry analysis carried out by Future Market Insights (FMI), demand for e-scooter financing is expected to increase at a 28.4% CAGR over the forecast period, with the market valuation reaching US$ 20.8 Bn in 2022 and is expected to reach US$ 253.2 Bn by 2032.

Electrically powered scooters are becoming more popular as consumers are preferring personal mobility solutions as compared to public transportation. E-scooters are becoming a more common and vital mode of urban mobility. Rising awareness of environmental pollution and the need to migrate from traditional gasoline-powered vehicles to electric-powered vehicles, which aids in the decarbonization of urban transportation will fuel sales.

Congestion is one of the most serious urban issues faced by cities, causing endless traffic jams. Using public transport results in delays, poor sanitation, cancellations, last-mile commute issues, and even a lack of safety. Individuals are looking for easy, time-efficient, and cost-effective forms of transportation to get to their destination due to rising traffic congestion and long commutes.

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Electric scooters, especially ones manufactured for city transportation, provide a number of advantages. These e-scooters are small enough to fit in public transportation, easy to transfer over short distances, and does not get stuck in traffic in general. Furthermore, electric scooters are free of oil and fossil fuels, making for a green and peaceful mode of urban transportation. Backed by the aforementioned factors, sales in the global e-scooter financing market are expected to gain traction in the forthcoming years.

“The implementation of technologies such as blockchain and machine learning to improve customer experience across financial institutions, along with increasing popularity of new banks will drive sales in the market over the forecast period,” says an FMI analyst.

Key Takeaways:

By scooter type, the electric moped segment will offer an absolute dollar opportunity of US$ 126.8 Bn.
Based on provider type, demand in the non-banking finance corporation segment will grow by 13.4x over the forecast period.
In terms of purpose type, sales in the lease segment are predicted to grow at a CAGR of 3% between 2022 & 2032.
Germany will create an absolute dollar opportunity of more than US$ 7.8 Bn.
The demand for E-scooter financing in the U.S. will account for nearly 68.5% of the North America market share.
Sales in the India E-scooter financing market will grow at a 36.4% CAGR over the assessment period.

Competition Landscape

Bank of America, AEON Credit, Volkswagen Financial Services, HDB Financial Services, IDFC First Bank, Klarna, Katapult, Greaves Finance, L&T Finance, Hyundai Capital and Affirm are some of the leading players operating in the global E-scooter financing market.

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More Valuable Insights on E-Scooter Financing Market

Future Market Insight’s report on e-scooter financing market industry research is segmented into four major sections – scooter type (electric kick scooter, self-balancing e-scooter, and electric moped), provider type (banks, and others (non-banking financial corporations, credit unions)), purpose type (loan, and lease), and region (North America, Latin America, Europe, East Asia, South Asia & Pacific, and The Middle East & Africa), to help readers understand and evaluate lucrative opportunities in the e-scooter financing demand outlook.

E-Scooter Financing Outlook by Category

By Scooter Type:

Electric Kick Scooter
Self-Balancing E-scooter
Electric Moped

By Provider Type:

Banks
Others (non-banking financial corporations, credit unions)

By Purpose Type:

Loan
Lease

By Region:

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

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Assisted Living Software Market – Major Revenue Gain is Predicted by 2032

The global assisted living software market had a market size of US$ 280 million in 2022, and it is anticipated to grow at a CAGR of 10.4% from 2022 to 2032 to reach US$ 750 million. The market’s expansion can be ascribed to the healthcare industry’s adoption of analytical tools and artificial intelligence. The market for software for assisted living saw a CAGR of 9.7% for the historical period of 2016–2021.

Increasing demand for real-time services in healthcare sector needs innovative solution to improve patient care services. The Assisted Living Software works as real-time solution to manage Patient condition and healthcare services across long-term healthcare centers and at home. This software automates the all the healthcare services which needs less human intervention which is one of the important feature of this software.

The emergence of analytical tool created new opportunity for Assisted Living Software vendors to offer an enhanced solution with the integration of advanced analytics features. These analytical tools, in assisted living software, offers structured and meaningful insights such as insurance data, prescription transaction data, Patient details, prescription processing etc. at one platform. Assisted living software, with the help of analytic tools, can also be used to refill inventories for a specific period.

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Assisted Living Software Market: Drivers and Challenges

The increased demand for an enhanced quality of care is expected to drive the growth of assisted living software. This application was introduced with an intention of providing enhanced services, solutions and offerings to residents of assisted living. The integration of assisted living software with eMAR (electronic medical administration records) is expected to be the key driver for the global assisted living software market as it enhances the overall offerings of the software.

For instance, eMAR enables the software scheduling and tracking medications, the capturing of blood glucose readings, easy usage of charting screens, coordination with various treatments and financial analytics for medical administration. Furthermore, implementation of workflow automation in the software acts as a driving factor for assisted living software.

The primary factor hampering the growth of Assisted Living Software is data breaches associated with it as the software is available over cloud and on-premise both. Additionally, introduction and increasing adoption of open source assisted living software also restraints the overall growth of global assisted living software market.

Assisted Living Software Market: Key Players

Some of the key players of Assisted Living Software market are AMERICAN HEALTHTECH, Eldermark, Yardi Systems, Inc., AL Advantage LLC, VITALS SOFTWARE, MatrixCare, Medtelligent, Inc., ECP, RealPage, Inc. and iCareManager.

Assisted Living Software Market: Regional Overview

By geography, Assisted Living Software market can be segmented across North America, Latin America, Western Europe, Eastern Europe, APEJ, Japan and Middle East & Africa. Among various regions, North America is expected to dominate the global Assisted Living Software Market during the forecast period, owing to the increasing demand for enhanced services and high quality care, by the elderly population. North America is, furthermore, expected to hold its position in the forecast years. APEJ is expected to witness a significant growth in the forecast years because of the high presence of elderly population in the region.

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 market segments such as geographies, application, and industry.

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The report covers exhaust 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)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

Key Segments Profiled in the Assisted Living Software Industry Survey

Deployment Type:

On Cloud
On-Premise

Report Highlights:

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

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Multilayer Transparent Conductors Market is Expected to Generate Huge Profits by 2032

It is anticipated that the global market for multilayer transparent conductors will reach US$ 13,285.2 million in value by 2032, up from US$ 4999.1 million in 2022, growing at a CAGR of 10.3 percent during the projection period.

Multilayer transparent conductors are thin films, which are electrically conductive and prepared from some doped metal oxides. The main constituents in several devices such as portable, touch screens and home electronics determined by transparent conductive films (TCF). Indium tin oxide (ITO) is the most commonly used multilayer transparent electronic conductors.  It is rigid and deposited on a stable substrate like glass or coated with (PET)

Multilayer transparent conductors, indium tin oxide (ITO) used in various applications such as touch screens, optical coatings, flat-panel displays, and thin-film photovoltaic cells. ITO is inflexible, expensive, and processed at high temperatures. Multilayer transparent conductive films (TCFs) used as transparent electrodes in the production of touch screens, solar cells, LCDs, and organic light-emitting diodes. Carbon nanotube films are transparent conductors which are used as cost effective method in many applications.

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Multilayer transparent conductors also employed in applications such as solar energy utilization and for energy savings in buildings.Multilayer transparent conductors widely used in the manufacturing of flat panel displays and many other devices that are showing fast growth such as touch screen sensors and OLEDs.

Multilayer Transparent Conductors Market: Market Dynamics

Rising adoption of touch user interface devices, low power consumption, minimal reflection, robustness, ease of fabrication, low infrared emission are the drivers of multilayer transparent conductors market.

Increased opportunities in the market due to the emergence of low-cost multilayer transparent conductors such as carbon nanotube films.

High cost, fragility, low conductive material, inflexibility, unsustainable properties and the shortage of supply are the challenges for multilayer transparent conductors market.

Global Multilayer Transparent Conductors: Market Trends

Carbon nanotube-based transparent conductors is an emerging multilayer transparent conductors which are used as an alternative for Indium tin oxide (ITO) as it is cost effective compared to indium tin oxide (ITO).

Graphene is also an emerging cost effective carbon material which is integrated into multilayer transparent conductor technologies for manufacturing flexible touchscreens of smartphones which are used by companies such as Fujitsu and Eikos Inc.

Multilayer Transparent Conductors Market: Competition Landscape

Few prominent players in Multilayer Transparent Conductors market include3M Company, Canatu Oy, Nitto Denko Corporation, DuPont Teijin Films, Toyobo Corporation, Fujifilm Holdings Corporation,Thin Film Devices Inc., DONTECH Inc, Abrisa Technologies, Eastman Kodak, Acree Technologies Inc.,Cambrios Technologies Corporation, Apple Inc., Quantum Coating Inc., and Cima Nanotech

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Multilayer Transparent Conductors Market: Regional Outlook

Multilayer transparent conductors market is estimated to witness growth in North America owing to increasing demand of multilayer transparent conductors in smartphones followed by Asia Pacific and Western Europe due to the recent developments in thin film solar cells, multilayer transparent conductors marketis anticipated to grow rapidly over the forecast period.

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 includes projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, technology, and applications.

The report covers exhaustive analysis on

Global Multilayer Transparent ConductorsMarket Segments
Global Multilayer Transparent ConductorsMarket Dynamics
Historical Actual Market Size, 2012 – 2016
Global Multilayer Transparent ConductorsMarket Size & Forecast 2016 to 2027
Supply & Demand Value Chain for Multilayer Transparent ConductorsMarket
Global Multilayer Transparent ConductorsMarket Current Trends/Issues/Challenges
Competition & Companies involved in Multilayer Transparent ConductorsMarket
Multilayer Transparent ConductorsTechnology
Value Chain of Multilayer Transparent Conductors
Global Multilayer Transparent ConductorsMarket Drivers and Restraints

Global Multilayer Transparent Conductors Market: Market Segmentation

Multilayer Transparent Conductors Market divided into three segments, based on application, material, and type.

Segmentation on the basis of application in Multilayer Transparent Conductors market:

Liquid-crystal displays
Organic light-emitting diodes (OLEDs)
Touchscreen sensors
Flat panel displays
Photovoltaics
Solar cells
Flexible electronics
Smart windows
Optical coatings

Segmentation on the basis of material in Multilayer Transparent Conductors market:

ITO on Glass
Carbon Nanotubes
Silver Nanowires
Metal Mesh
Others

Segmentation on the basis of type in Multilayer Transparent Conductors market:

Indium tin oxide thin films (ITO)
Carbon nanotubes films
Nano-silver based Transparent conductors
Metal grids
Conductive polymers

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Region:

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

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Multi Cloud Storage Market Estimations : US$ 111.3 Billion by 2032 – Future Market Insights, Inc.

The market for multiple cloud storage is anticipated to grow to US$ 23.7 billion in 2022 and is anticipated to reach US$ 111.3 billion by 2032, with a CAGR of 16.7 percent from 2022 to 2032.

Multi cloud storage is adopted by most of the enterprises in order to use numerous cloud environment to satisfy the business requirement. An enterprise application might have multiple clouds such as private cloud, public cloud and hybrid cloud including managed service providers.

Multi cloud storage can be used by web providers, enterprises, and other businesses in order to minimize the risk of data loss and also it helps to improve the quality of service. Multi cloud storage offers several functions for storing and retrieving data and they are widely used as a shared storage solution for distributed applications.

The multi cloud storage helps organizations to adopt changing IT environment to minimize cost and to reduce the need to hardware and appliances.

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Multi Cloud Storage Market: Drivers and Challenges

The heavy adoption of emerging cloud based platform-as-a- service (Paas) by several enterprises is one of the major factor driving the multi cloud storage market. Multi cloud storage provides easy access to end users working on the different platform.

The implementation of multiple cloud services is increasing as it helps to reduce dependency on a single vendor. The multi cloud application management storage platform helps the organization to improve its overall performance by means of different infrastructure services to fulfill the computing needs of its users.

Integration issues of multi cloud storage is one of the major restraint faced by the multi cloud storage market.

Multi Cloud Storage Market: Regional Overview

Presently, North America region is holding the largest market share of multi cloud storage market followed by European and APAC region. In this regions, Multi cloud storage market is growing gradually owing to the adoption of various several cloud storage platforms services by small and large scale enterprises.

Multi Cloud Storage Market: Key Players

Some of the key players of the multi cloud storage market are: IBM Corp., SAP SE, Microsoft Corp., Gosun technology, Google, VMware and EMC

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The report covers exhaustive analysis on

Multi Cloud StorageMarket Segments
Multi Cloud StorageMarket Dynamics
Historical Actual Market Size, 2014 – 2016
Multi Cloud StorageMarket Size & Forecast 2017 to 2027
Value Chain
Multi Cloud StorageMarket Current Trends/Issues/Challenges
Competition & Companies involved
Multi Cloud StorageMarket Drivers and Restraints

Key Segments

By Deployment Type:

Public
Private
Hybrid

By Enterprise Size:

SMEs
Large Enterprises

By Verticals:

BFSI
Retail
Energy and Utility
Healthcare and Life Sciences

By Region:

North America
Latin America
Asia Pacific
MEA
Europe

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Trade Management Software Market Innovations, Technology Growth and Research 2022-2032

The trade management software market is expected to grow at a value of 10.9% CAGR during the forecast period 2022-2032, according to Future Market Insights. The market is expected to reach US$ 1.2 Billion in 2022 and US$ 3.4 Billion by 2032. Trade management software enables businesses to improve their sales and increase the ROI of their marketing spending from manufacturer to wholesaler to retailer, and finally to the consumer.

Importers and exporters can also use trade management software to help them manage international trade difficulties. Furthermore, in today’s compliance-driven and security-conscious market, they help decrease the risks and control the expenses involved with international trade. These will be the primary drivers of this market.

As the volume of worldwide trade grows, so does the need for better global logistics and cargo tracking. Trade management software includes capabilities that assist traders and businesses in reducing supply chain and compliance risk. It connects importers and exporters to their international suppliers, logistics providers, brokers, and carriers. Companies can also use the software to maintain visibility and monitor cross-border transactions. The programme decreases risk and aids in the effective control and management of imports-exports, as well as regulatory and legal rules, by automating the coordination of cross-border transactions.

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Furthermore, the significant increase in worldwide traffic as a result of expanding globalization, as well as the creation of new trade routes, will help satisfy the increased freight transport demand growth in the coming decades. The additional marine, barge, and rail routes will contribute to such demand growth while also altering trade flows and logistical tactics. Organizations can use trade management software to optimize the usage of new trade routes. Furthermore, the integration of technologies like AI, ML, IoT, and others is paving the way for connected logistics, which is expected to drive the demand for trade management software even further.

During the projected period, APAC is expected to lead the worldwide trade management software market. APAC comprises various growing countries that are seeing tremendous growth in their own manufacturing sectors; the region has evolved into a worldwide manufacturing powerhouse. China, along with other developing countries like India, South Korea, and Vietnam, is enticing a lot of businesses to relocate their low- to medium-skilled manufacturing operations to neighbouring countries with lower-cost labor.

Key Takeaways from the Market Study

In 2022, the global trade management software market is estimated to have a global market size of US$ 1.2 Billion
By component, the solutions segment took 35% of the global trade management software market share in 2021
By deployment type, thecloud segment acquired a market size of 28% in 2021.
Transportation and logistics segment is expected to grow with 10.6% CAGR during 2022-2032.
Asia Pacific to be a highly opportunistic market, expected to grow at a 10.3% CAGR
Over 2/5^th of the global trade management market revenue will be contributed by North America

“As global trade operations multiply, importers and exporters are relying on trade management software to strengthen communication with trade partners and manage global trade operation, thus bolstering market prospects in the future,” comments a Future Market Insights analyst.

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Competitive Landscape

In 2021, Oracle partnered with Pharmaniaga Berhad. Pharmaniaga Berhad (Pharmaniaga) has selected Oracle Fusion Cloud Supply Chain & Manufacturing (SCM) to improve logistical operations for COVID-19 vaccine delivery in Malaysia. Pharmaniaga can improve the efficiency and security of its logistics operations by adopting Oracle Cloud SCM to automate planning and execution processes and receive real-time shipment analytics.
SAP Hong Kong and consulting behemoth Deloitte collaborated in 2021 to bring major benefits to cross-border trade firms. Deloitte, in collaboration with SAP, offers one-stop end-to-end global trade services, including SAP GTS-enabled Smart GTS.

More Valuable Insights

Future Market Insights, in its new offering, presents an unbiased analysis of the global trade management software market, presenting historical analysis from 2017 to 2021 and forecast statistics for the period of 2022-2032.

The study reveals essential insights on the basis of component Types (services, solutions), by deployment (on-premise, cloud), organization size (SMEs, large enterprises), by vertical (Transportation And Logistics, Government And Public, Healthcare And Life Sciences, Aerospace And Defense, Manufacturing, Consumer, Goods And Retail, Energy Utilities, Others) and Region (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa).

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Key Segments Covered in the Trade Management Software Market Report

Trade Management Software Market by Component:

Trade Management Software Solutions
Trade Management Software Services

Trade Management Software Market by Deployment:

On-premise Trade Management Software
Cloud based Trade Management Software

Trade Management Software Market by Organization Size:

Trade Management Software for SMEs
Trade Management Software for Large Enterprises

Trade Management Software Market by Vertical:

Trade Management Software for Transportation and Logistics
Trade Management Software for Government and Public
Trade Management Software for Healthcare and Life Sciences
Trade Management Software for Aerospace and Defense
Trade Management Software for Manufacturing
Trade Management Software for Consumer Goods and Retail
Trade Management Software for Energy Utilities
Trade Management Software for Other Verticals

Trade Management Software by Region:

North America Trade Management Software Market
Latin America Trade Management Software Market
Europe Trade Management Software Market
Asia Pacific Trade Management Software Market
Middle East & Africa Trade Management Software Market

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