Aerospace Adhesives and Sealants Market | Worldwide Industry Analysis and New Market Opportunities Explored By 2026

Aerospace adhesives and sealants are different from regular adhesives and sealants, as they are exposed to high temperature and high pressure gradients during their lifetime. High performance resins such as epoxy, polyurethane, silicone, and hybrid polymers are used in aerospace industry to provide required waterproofing, filling, bonding, and sealing.

Among these resins, epoxy and polyurethane adhesives are more widely used. Such materials are blended with volatile organic compounds and applied to aircraft components such as pipes, fixtures, and panels.

Owing to high Volatile Organic Compounds (VOC) content in the aerospace adhesives and sealants, the industry is exposed to stringent environment regulations by governments across the globe. Solvent based and water based are the prominent technologies used in the aerospace adhesives and sealants market.

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Although solvent borne technology is more preferred by the manufacturers, water borne technology is expected to witness higher growth rate owing to its environment friendly characteristics. The global adhesives and sealants market is projected to witness moderate CAGR and is anticipated to grow in parallel with the increasing global production of aircrafts.

Leading manufacturers are spending more on research and development in order to provide aerospace adhesives and sealants that contain less volatile organic compounds and comply with the specifications by OEMs.

Aerospace Adhesives and Sealants Market: Dynamics

Drivers

The global aerospace adhesives and sealants market is projected to be driven by increasing penetration of composites in aircraft industry. In order to increase the fuel efficiency of the vehicle by emphasizing on light weight, the aircraft manufacturing companies are adopting more composite components in the assembly.

Owing to increasing penetration of composite components in aircrafts, the demand for aerospace adhesives and sealants is increasing. Moreover, increasing global aircraft production is another prominent driver for the aerospace adhesives and sealants market growth. The production of aircraft vehicles is mainly driven by increasing air traffic growth in emerging countries and growing urbanization in emerging countries such as China and India.

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Restraints

The high performance aerospace adhesives and sealants contain high amount of VOC content. Owing to increasing environmental regulations on transportation industry by governments across the globe, OEM manufacturers are demanding for eco-friendly components. Increasing government regulations like those are projected to restrain market growth over the forecast period.

Moreover, the higher cost involved in the research and development of aerospace adhesives and sealants which complies with the specifications by OEMs is another prominent restraint for the market.

Global Aerospace Adhesives and Sealants Market: Segmentation

Global aerospace adhesives and sealants market is segmented based on product type, technology type, resin type, aircraft type, and region. Based on product type, the aerospace adhesives and sealants market is segmented as adhesives, and sealants.

While on the basis of resin type, the global market is classified as epoxy resins, silicone, polyurethane, and others. Others segment comprises of modified polymers. Among these segments, epoxy is estimated to account for a major share in the overall market.

Based on technology type, the global aerospace adhesives and sealants market is classified as water borne and solvent borne technology. Most of the manufacturers prefer solvent borne technology, however the preference is shifting towards waterborne technology owing to the more stringent regulations on solvent borne technology.

Moreover, on the basis of aircraft type, the global market is classified as commercial aircraft, regional aircraft, general aviation, helicopters, and others.

Global Aerospace Adhesives and Sealants Market: Key Players

Some of the examples of the participants involved in the global aerospace adhesives and sealants market are:

  • PPG Industries Inc.
  • 3M
  • Royal Adhesives and Sealants
  • Cytec Industries Inc.
  • Huntsman Corporation
  • United Resin Corporation
  • Hexcel Corporation
  • Beacon Adhesives Inc.
  • Henkel AG and Company
  • Solvay Group

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Global Aerospace Adhesives and Sealants Market: Regional Outlook

Global aerospace adhesives and sealants market is spread over North America, Latin America, Eastern Europe, Western Europe, Asia Pacific (excluding Japan), Japan, and Middle East & Africa. Asia Pacific is estimated to be one of the largest and fastest growing markets in the global aerospace adhesives and sealants market.

The increasing urbanization and growing income are driving the market demand in the region. North America and Western Europe are estimated to be a relatively matured market. Middle East and Africa market is estimated to account for a lower share in the global market owing to small share in overall aircrafts production in the region.

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Collation Shrink Films Market Global Industry Overview and Competitive Landscape till 2030

Collation Shrink Films Market is expected to reach US$ 3.9 Bn in 2022, likely to surge at a vigorous 5.9% CAGR during the assessment period.

The thriving e-commerce industry is expected to be the key driver for collation shrink films. Demand for high performance packaging solution and reduce transportation cost is expected to make collation shrink film an important packaging material for personal care products, food and beverages, cosmetics, and pharmaceuticals.

Future Market Insights predicts that e-commerce businesses will opt for collation shrink films as they are easy way to ensure that the product is not tampered with. Furthermore, products sensitive to moisture can stay safe in this type of packaging, thus making it a perfect choice for deliveries.

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In the coming years, shifting focus on usage of recyclable materials and production of five-layer collation films is expected to create multiple growth opportunities for collations shrink films market during 2020-2030.

“Most of the key players are continuously focusing on the development of extra thin collation shrink films, which will offer maximum impact protection to the stored products during transportation. Companies are coming up with the new technologies that will manufacture nearly 10-micron thin collation shrink films, which are stiff and provide a firm grip to the package,” says an FMI analyst.

Key Takeaways of Collation Shrink Films Market Study

  • As per thickness, 25-50 micron collation shrink films are expected to holds 1/3rd of the market share during the forecast period
  • Linear low-density polyethylene (LLDPE) material segment is expected to gain by 50 bps of current market share, by the end of 2030
  • Collation shrink films are mostly preferred for bottles and cans packaging applications, pushing these segments to gain a cumulative worth of US$ 774 Mn by 2025
  • Food and beverage manufacturers to remain key end users of collation shrink films and estimated to expand 1.8x of current market value during 2020-2030
  • North America is estimated to remain at leading position with more than 25% market share in 2020. However, East Asia is expected to outbid other regions during the forecast period.
  • South Asia market is anticipated to expand by 2.1x of current market share till 2030, attributing to double digit investment by the key players for manufacturing collation shrink films
  • Germany market is anticipated to be highly lucrative as it is  poised to represent an incremental opportunity of US$ 24 Mn by the end of 2025 in the Europe region
  • Mexico collation shrink films market is anticipated to expand at a potential CAGR of 7.1% during 2020-2030, owing to increasing number of key players

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Removing Downgauging Bottlenecks to Drive Collation Shrink Films Market

Manufacturers in collation shrink films are focussing on optimizing the quality by enhancing its multi-layer packaging film concept with five or more layers. These multi-layer collation shrink films are relatively stiff and enable extra thin gauges resulting in low wastage and overall cost.

Five-layer collation shrink films offer the advantage of holding force and stiffness over three-layer films, which are often a bottleneck to downgauging in secondary packaging application.

Recently Saudi Arabia-based Sabic Company introduced a multi-layer film solution for beverage collation. The SABIC multi-layer collation shrink films concept is expected to reduce downgauging and production at approximately 10,000 kg/hr. Its Teesside, UK-based plant, is manufacturing such collation shrink films to cater to the demand of efficiency on all fronts.

Impact of COVID-19 on Collation Shrink Films market

COVID-19 pandemic has created multiple challenges for the packaging industry and reiterated its need to design sustainable solutions to reduce the pressure on landfills. Multiple restrictions of supply chain and logistical hurdles due to lockdown have slowed down the packaging industry, creating a negative impact on the collation shrink films market.

Future Market Insights predicts that collation shrink market will begin recovery in Q4 2020, starting with South and East Asia as they will still have a stronghold over manufacturing activities. China and India started production of collation shrink films with limited resources. Also various key players are planning to invest in developing manufacturing units in these regions, therefore it is expected that by the end of 2021, the demand and supply equilibrium of collation shrink films will be achieved.

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Key Segments Covered in Collation Shrink Films Industry Research

Collation Shrink Films Market by Thickness:

  • Less than 25 Micron
  • 25-50 Micron
  • 51-100 Micron
  • Above 100 Micron

Collation Shrink Films Market by Material:

  • Low Density Polyethylene (LDPE)
  • Linear Low Density Polyethylene (LLDPE)
  • Medium Density Polyethylene (MDPE)
  • High Density Polyethylene (HDPE)
  • Polypropylene (PP)
  • Others

Collation Shrink Films Market by Application:

  • Bottles
  • Cans
  • Books & Magazines
  • Cartons
  • Others

Collation Shrink Films Market by End-use:

  • Food & Beverages
  • Cosmetics
  • Personal Care & Home Care
  • Transport & Logistics
  • Pharmaceuticals
  • Printing & Publications
  • Others

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Key Questions Answered in the Report

  • How much is the Collation Shrink Films market currently worth?
  • What is the sales forecast for Collation Shrink Films through 2030?
  • What was last 6-year market CAGR for the sales of Collation Shrink Films?
  • Who are the key manufacturing companies for Collation Shrink Films?
  • What’s with “North America“?

Explore FMI’s Extensive ongoing Coverage on Packaging Domain

Foamed Plastics MarketFoamed plastics market is projected to reach over US$81.5 Bn by 2028. Consistent demand for foamed plastics for contamination-free storage of both – industrial and non-industrial goods uplifts market growth. Foamed plastics market is projected to expand at a CAGR of 5.8% during the forecast period (2022-2030).

Clay Coated Recycled Boxboard MarketClay coated recycled boxboard (CRB) finds application in the packaging of dry food, pet food, laundry detergents, and pharmaceuticals. The global clay coated recycled boxboard market is expected to exhibit a CAGR of 4.7% over the forecast period of 2022-2030.

Deblistering Machines Market: Deblistering Machines Market is expected to reach US$ 158.3 Mn in 2022, likely to surge at a vigorous 4.8% CAGR during the assessment period

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Implantable Drug Eluting Devices Market by Technology, Application & Geography – Analysis & Forecast to 2029 | CAGR of 6.0% | Says FMI Analyst

Global Implantable Drug Eluting Devices Market Trend is set to experience a significant growth of 6.0% CAGR from 2022 to 2029, with an estimated market value of around US$ 12.8 Bn as of 2022. As per Future Market Insights’ projections, contraceptive drug eluting devices products hold a substantial share of over 39.8% in 2021 within the global market.

Remote-Controlled Chips and Programmable Devices – Future of Targeted Drug Delivery Increasing clinical trials and research & development of remote-controlled and programmable drug-eluting devices

Massachusetts Institute of Technology (MIT) researchers have developed a remote-controlled contraceptive hormone (levonorgestrel) delivery chip implant, which can turn the device on and off.

Implantable drug-eluting devices allow minimum effective doses and support oral opioid weaning

Implantable drug-eluting devices such as SynchroMed II intrathecal drug delivery system with controlled workflow system, plays an effective role in reducing or eliminate the use of oral opioids.

Antiretroviral (ARV) drug implant is expected to emerge as a promising approach for HIV treatment and prevention

In July 2022, Merck & Co. started the development of slow-release antiretroviral (ARV) drug implant as a promising approach for HIV treatment.

Implantable drug-eluting devices are playing a key role in the management and treatment of various chronic disorders, particularly cardiovascular diseases. Advancements in micro and nanotechnology are aiding key manufacturers to design novel implantable drug-eluting devices.

Moreover, controlled and site-specific attributes of implantable drug-eluting devices, further complemented by compatibility with the targeted drug delivery, are relieving the burden of complex dosing schedule and systemic toxicity of conventional drug delivery system. The global implantable drug-eluting devices market is projected to cross the US$ 10 Bn mark towards the end of 2022. Market leaders in implantable drug-eluting devices landscape are maintaining their focus on refining manufacturing processes.

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Growth of implantable drug-eluting devices market can be prominently attributed to the associated cost-effective technology and novel medication administration techniques. Fewer side effects while these devices are utilized in the management of chronic diseases as well as in contraception have been the strongest attribute accounting for a steadily expanding market for implantable drug-eluting devices.

Medical-Pharma Collaborating to Balance Demand and Supply

A comprehensive view of the implantable drug-eluting devices market has led our analysts to conclude that, the market is expected to grow with an impressive rate. This market growth is mainly attributed due to increasing innovations and developments in implantable drug-eluting devices for the management and treatment of breast cancer, schizophrenia, Parkinson’s disease, and photosensitivity diseases. Besides, FMI analyst suggests that markets in North America and Europe are expected to hold major value shares in global implantable drug-eluting devices landscape. To cater to rising demand for implantable drug-eluting devices, medical device companies are collaborating with pharmaceutical companies for the development of efficient drug delivery devices.

Increasing use of syringe-based subcutaneous implantable drug-eluting devices is anticipated to minimize the number of invasive surgical procedures. Introduction of implantable drug-eluting devices or rare conditions such as central precocious puberty (CPP) will emerge as an important factor shaping the market for implantable drug-eluting devices.

Know More About Implantable Drug-Eluting Devices Market Report

The implantable drug-eluting devices market, a new study from Future Market Insights, opines on the evolution of the implantable drug-eluting devices market from 2014 – 2021 and presents demand projections from 2022 – 2029 on basis of product type (implantable drug infusion pumps, intraocular drug-eluting devices, contraceptive drug-eluting devices, buprenorphine implant and drug-eluting stents), technology (active drug-eluting devices and passive drug-eluting devices) applications (diabetes macular edema, birth control/contraception, opioid addiction, cardiovascular, ophthalmology, oncology, pain management, others) implantation type (intravaginal, intravascular, intraocular, intrathecal, subcutaneous, intrauterine) end users (hospitals, ambulatory surgical centers, optical care centers, cardiac surgery centers, office-based setting and others) in seven prominent regions.

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Key Market Segments Covered in Implantable Drug Eluting Devices Industry Research

By Product:

  • Implantable Drug Infusion Pumps
  • Intraocular Drug Eluting Devices
  • Contraceptive Drug Eluting Devices
  • Buprenorphine Implant
  • Drug Eluting Stents
  • Others

By Technology:

  • Active Drug Eluting Device
  • Passive Drug Eluting Device
    • Biodegradable Implants
    • Non-Biodegradable Implants

By Application:

  • Diabetic Macular Edema
  • Birth Control/Contraception
  • Opioid Addiction
  • Cardiovascular
  • Ophthalmology
  • Oncology
  • Pain Management

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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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Voyage Data Recorders Market Forecast 2022 Expectations & Growth Trends Highlighted Until 2027

Voyage Data Recorders (VDR) Market forecast are manufactured to be used in marine and ships. Voyage data recorder is a kind of black box which stores information of the voyage and it includes information’s, such as navigation, location, speed, order and feedback responses, and other similar readings. This is especially used to retrieve data in case the ship sinks.

Voyage data recorders are usually of two types, i.e. either full or simplified voyage data recorder. They are installed in ships, cargos and naval vessels to collect data from the onboard devices, such as sensors and others.

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Current initiatives, such as “One Belt, One Road”, initiative for expansion of Suez and Panama Canal, is estimated to potentially affect the global seaborne trade. Growing technological advancement and e-commerce, thus the freight forwarding, coupled with industrial revolution in emerging countries, has the prospectus of reshaping the marine industry and in turn driving the demand for voyage data recorder market.

International Maritime Organization (IMO), the maritime safety committee established certain standards defined under MSC.33 (90), which mandates the installation of voyage data recorders in all the ships. Hence, all the marine vessels abiding IMO standards are mandated to install the VDR systems complying with the international guidelines. This will have a direct effect on the demand of voyage data recorder market.

The ability of a voyage data recorder to store data of a month or more, for a long period of time, is the key driver for the voyage data recorder market. As it helps in receiving and sending notifications in critical situations. Also, they are widely utilized in marine education institutes for training purposes. This technological advancement has enhanced the marine industry performance and reliability to the extent that they are now being involved in the first line of defense in several countries.

Further, the increasing fleet of marine vessels is expected to drive the demand of voyage data recorder over the projected period of time. Furthermore, shipping of goods via cargos is comparatively economical than shipping via air, hence cargo shipping is witnessing significant demand in recent past. This, in turn, will augment the growth of the voyage data recorder market over the forecast period. However, high installation cost could hinder the growth of the voyage data recorder market.

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Voyage Data Recorders Market: Regional Overview

During the forecast period, Asia Pacific (China, India and South East Asia Pacific) is expected to hold a greater share of the market owing to the presence of better marine network and freight transport. Also, Asia Pacific being the manufacturing hub of most of the goods, is the major exporter. North America is anticipated to register significant growth after Asia Pacific as a result of the region’s increasing export and import business, and passenger traffic, which in turn will drive the regional market share of the voyage data recorder. Expanding import and export of oil and gas in Middle East Africa via sea-cargos, is stipulated increase the trade of voyage data recorders in coming years.

Global Voyage Data Recorders Market: Key Players

Examples of some of the market participants in the global voyage data recorder market identified across the value chain include:

  • DANELEC MARINE
  • INTERSCHALT
  • FURUNO ELECTRIC CO., LTD.
  • Japan Radio Co.
  • Northrop Grumman Sperry Marine B.V.
  • Netwave Systems B.V.
  • Beijing Highlander Digital Technology Co., Ltd.
  • Consilium AB Publ.
  • Totem Plus Ltd.

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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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Power And Signal Cables Market: Overview, Data Updates, Reports Analysis & Forecast | FMI

Power cable is an insulated thread of wires that are bundled together to pass electricity at various voltage levels.The major factors boosting the growth of power and signal cables market are the rise in demand for high-temperature, superconducting cables, and increase in sales of HVDC power cable.

The power cables are mainly applicable for underground cabling and overhead lines applications and can be widely fragmented into three major types based on their operating voltage applications.

Signal cables are an optical fiber or metal wire that is used to transfer data and through signals as a medium. On the other side, power cables are the type of cables which provides electricity to the unit.

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Power and Signal Cables Market: Drivers & Restraints

In addition, the other major factor responsible for the growth of power and signal cables market are the rapidly increasing industries especially manufacturing and telecom, growing rate of mergers & acquisitions to lead the competitiveness and demand of market, and to accomplish the demand produced from the population in the stated time will improve the growth of the power and signal cables market.

Therefore, the growing population & urbanization all over the globe has enhanced the demand for a high digit of equipment in various segments in terms of direct or indirect operation. In addition, rising R&D activities in various segments including steering systems, data management, and automation of operations can effectively increase the power and signal cables market share in overall cables power and signal cables market across the world.

The power and signal cables market is considered by the operation of eco-friendly products for managing viable growth. Moreover, the increase in demand from the information and communications technology sector to offer cables services is the also drives the overall growth of power and signal cables market.

On the other hand, the main factor restraining the growth of power and signal cables market is volatile raw material prices and other alternatives by-products.

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Power and Signal Cables Market: Regional Outlook

Regarding geography, power and signal cables market has been categorized into seven key regions including North America, Western Europe, Eastern Europe, APEJ, Japan, Latin America, and the Middle East & Africa. Power and signal cables market is expected to register healthy CAGR during the forecast period due to the service and manufacturers providers are creating and focusing vast forecasts in this service industry.

Also, private service & producers providers, governments, and accessories& cables manufacturers are focused on integrating their present technologies and improving and updating new services widely to reduce the impact of high voltage transmission near residential areas and increase the capacity of high voltage transmission.

In terms of developing region of Asia-Pacific, the growth of power and signal cables is significantly high and with comparatively high CAGR in forecast period owed to factors such as such as rapid economic development, globalization and increasing rate of industrialization, and improved the demand for a high digit of equipment.

The power and signal cables market are projected to register healthy growth due to new and advanced digital technologies are driving power and signal cables and aiding, power and signal cables manufacturers to register high productivity, offers better user experience to the end-users and also reduce operational costs.

Power and signal cables market for Asia Pacific is also expected to witness rapid growth during the forecast period primarily attributed to many leading cable companies are inclined toward India as a potential market for EHV & HV cables, hereafter other developed cable manufacturing titans have entered into the market through merger and acquisitions and joint ventures with Indian power and signal cables manufacturers for manufacturing power and signal cables and special types of by-products and accessories, especially in India and China.

In North America, power cable’s domestic manufacturers exploring the possibility of manufacturing their market product portfolio to meet market demand. Moreover, there is a growing requirement for standardization of specifications all over the market, which will responsible for the improved efficiencies of power and signal cables and also irreplaceability and reliability of products.

Further, with inkling focus on renewable, the power and signal cables industry is now looking forward to supplying cables for wind solar and power applications in addition to railways, gas and oil, and other specialized industry verticals.

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Power and Signal Cables Market: Key Players

Few players identified in power and signal cables market are:-

  • Prysmian Group
  • Nexans
  • General Cable
  • NKT
  • Sumitomo Electric Industries
  • Elmeridge Cables Limited
  • Waters
  • Prysmian Group
  • Others

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

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 and Rest of Latin America)
  • Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg and Rest of Western Europe)
  • Eastern Europe (Poland, Russia and Rest of Eastern Europe)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC, S. Africa, and Rest of MEA)

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

Power and Signal Cables Market: Market Segmentation

The power and signal cables market are segmented into four parts based on the service type, organization size, industry verticals and geography.

Based on voltage type power and signal cables market is segmented into:

  • Low-voltage power and signal cables
  • Medium-voltage power and signal cables
  • High-voltage power and signal cables

Based on the product type power and signal cables market is segmented into:

  • Single Core Power and Signal Cables
  • Multi Core Power and Signal Cables
  • Others

Based on the Industry Verticals power and signal cables market is segmented into:

  • Manufacturing and Automotive
  • Transportation and Logistics
  • Telecom and IT
  • 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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Printing Machinery Market by Segmentation type— Global Forecast to 2026

Future Market Insights’ exclusive study on the global printing machines market delivers a forecast on how the demand for printing machines will shape up in the years to come. According to the research study, the global market for printing machines will be worth over US$ 25 Bn by the end of the forecast period, 2017-2026. During this period, the market is poised to expand at a moderate CAGR of 4.1% as a range of factors are likely to restrain the production and sales of printing machines.

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One of the key restraints for the global printing machines market is the stringent environmental laws. Manufacturers of printing machines are compelled to modify their production techniques and create machines that can optimize the use of printing inks. Since these inks contain VOCs, strict environmental laws are curbing the commercialization of machines that aren’t able to optimize the use of printing inks. In addition, the report also projects that increasing penetration of electronic devices will lower the need for printing, and ultimately limit the demand for printing machines in the near future.

Printed hoardings on streets will be replaced by digital signage, and consumers will gradually shift to print-free media. Leading manufacturers of printing machines, which are the key stakeholders in the global printing machines market, will face the brunt of the changing dynamics as such. The study reveals that companies namely, Agfa-Gevaert Group, Océ Imagistics, Inc., Bobst Group SA, Fujifilm Holdings Corporation, Heidelberger Druckmaschinen AG, Hewlett Packard Enterprise Company, Koenig & Bauer AG, Komori Corporation, Apex Machine Company Inc., and Cerutti Group will remain active in the expansion of the global printing machines market through 2026.

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High Demand for Offset Lithography Printing Machines

A majority of key players in the global printing machines market are focusing on increasing the production of offset lithography printers. Competitive advantage of offset lithography when compared to digital printing techniques and flexography will continue to drive the demand for such machines. By the end of 2026, over US$ 12.7 Bn worth of offset lithography printing machines are expected to be sold across the globe. Digital printing machines, on the other hand, will register a CAGR of 5.4%, reflecting fastest sales during the forecast period.

APEJ and North America – Leading Markets for Printing Machines

Regional analysis and forecast, developed in the study, projects that the printing machines market in North America and Asia-Pacific excluding Japan (APEJ) region will register impressive growth. By 2017-end, the printing machines markets in these regions are expected to be worth over US$ 4 Bn individually. North America is anticipated to record higher sales of printing machines due to booming packaging businesses in the US and Canada, while the APEJ printing machines market will be characterized by mass-scale production of printing machines at affordable costs.

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Global Printing Machines Market: Additional Forecast Highlights

The report has further revealed that:

  • In 2017, paper and paperboard will be the leading type of substrate used in printing machines. Revenues procured from sales of paper and paperboard substrates for printing machines is estimated to net over US$ 8 Bn in global revenues by the end of 2017.
  • Packaging is expected to be the leading end-use industry for printing machines, accounting for nearly half of the global market value in 2017 and beyond.
  • Throughout the forecast period, printing machines will be predominantly used in packaging and labelling applications.

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Mobile Payment Security Market Size to be Worth US$ 7.8 Tn by 2032 | Future Market Insights, Inc.

According to FMI research, the mobile payment security market was valued at US$ 1.1 Tn in 2022 and is predicted to reach US$ 7.8 Tn by 2032, growing at a 21.5% CAGR. The demand for mobile payment security solutions is predicted to grow globally throughout the forecast period as the number of digital payments, such as credit/debit cards, mobile wallets, and internet payments increases.

One of the key factors driving the growth of the mobile payment security industry is the increasing frequency of data breaches. As the number of data breaches rises, so makes the amount of money lost as a result of them. As a result, the demand for mobile payment security solutions is increasing.

The increasing sales of mobile payment security solutions can also be related to the rising needs of the Payment Card Industry Data Security Standard (PCI DSS) rules, increased end-user knowledge of mobile payment security, and government attempts to promote cashless payment.

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Furthermore, the demand for mobile payment security solutions is predicted to grow due to recent technology advancements in mobile commerce. This factor has enabled consumers to undertake digital transactions such as purchasing goods and applications through wireless networks, redeeming coupons and tickets, banking, and completing point-of-sale payments from their smartphones.

The expanding use of wireless networks among individual consumers has boosted the sales of mobile payment security solutions. Mobile payment security has become more important as the use of wireless networks in mobile devices for payment in retail outlets has expanded.

The mobile payment security market is likely to rise significantly as a result of the recent outbreak of COVID-19, owing to the growing use of digital payment services. However, the mobile payment security market’s expansion is being hampered by a lack of trust in online banking.

Increased demand for mobile payment security solutions for digital ecommerce and increased use of payment applications across various business verticals, on the other hand, is likely to provide lucrative opportunities for mobile payment security market expansion throughout the forecast period.

KEY TAKEAWAYS:

  • On the basis of type, the biometrics segment of the mobile payment security market is expected to grow at the fastest CAGR of 21.0% through 2032.
  • By end-use, the banking & financial service is expected to grow at a high rate in the mobile payment security market, with a CAGR of 20.6% through 2032.
  • The market size for mobile payment security in the United States is expected to reach US$ 2.8 Tn by 2032, growing at a CAGR of 21.2% during the forecast period.
  • UK is expected to register a market share of US$ 334.6 Bn in the mobile payment security market by 2032, with a CAGR of 20.4% during the forecast period.
  • China’s mobile payment security market is expected to be worth US$ 534.7 Bn by 2032, with a CAGR of 20.9% over the forecast period.
  • Japan is expected to have a market size for mobile payment security of US$ 434.3 Bn by 2032, with a CAGR of 19.8% through 2032.
  • By 2032, South Korea is expected to reach a share of US$ 255.5 Bn in the mobile payment security market with a CAGR of 18.9% through 2032.

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COMPETITIVE LANDSCAPE:

Due to the large number of firms operating in both domestic and foreign markets, the mobile payment security market is extremely competitive. The market is moderately concentrated, with technological breakthroughs and mergers & acquisitions being the primary methods employed by the big competitors. BioCatch, Braintree, Carta Worldwide, Daon, and Duo are among the key players in the mobile payment security market.

Key segments

By Type:

  • Tokenization
  • Biometrics

By End Use:

  • Telecom & Information Technology
  • Banking & Financial Service
  • Government
  • Transportation
  • Retail
  • Entertainment and Media
  • Other

By Region:

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

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https://www.spoke.com/topics/call-center-ai-market-research-report-by-type-by-production-technology-by-application-by-function-global-forecast-2022-to-2032-63343551fc7286f9ae019364

https://www.hometalk.com/posts/call-center-ai-market-2022-scope-of-current-and-future-industry-2032-44519736

https://lockabee.com/read-blog/31838

https://community.tradetheday.com/post/call-center-ai-market-2022-present-scenario-and-growth-prospects-2032-6334358caad79d58edadec0f

https://bresdel.com/blogs/249662/Call-Center-AI-Market-2022-Key-Players-SWOT-Analysis-Key

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Mobile Messaging Market is Expected to Reach US$ 384 Billion by 2032 | Report by FMI

The Mobile Messaging Market registered a 15.9% CAGR during the forecast period (2022-2032), to reach US$ 384 Bn by the end of 2032. Around 2.7 billion phone messaging app users worldwide and nearly 40% of the global population sending and receiving messages make the mobile messaging market huge, helping multiple businesses and people with texting solutions.

Businesses use mobile messaging services to connect to their customers for promotions and marketing campaigns designed for potential visitors, including email marketing campaigns and text messages, integrating them with the digital marketing strategy.

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Companies push their inspirational and educational content through portal and website links, including the app’s push notification and WhatsApp for business platform. A study shows that almost 109 countries run texting campaigns for end users. There is a set number of mobile texting consumers that are not tech-savvy, and mobile texting is the only way that they connect with each other and share information, fuelling the demand for mobile texting services.

Brands also use social media messenger in order to reach the end-users and send informative, life and technology hacks that engage with a lot of potential customers. This also helps the mobile messaging market is expanding its roots in new market spaces.

KEY TAKEAWAYS:

  • The short messaging services from the mobile messaging market are expected to grow at the fastest CAGR of 24% in the service type category, helping it to reach US$ 340.07 Bn.
  • The multiple messaging services segment is expected to grow at a strong CAGR of 18.2% in the type category of the mobile messaging market. The mobile email segment is growing at a high CAGR of 21.3%, including a 20.7% CAGR in the USA, Canada, Japan, China and Europe.
  • United States is expected to reach a market size of US$ 55.79 Billion in the Mobile messaging by 2032.
  • The market size for Master recharge APIs in China is expected to reach US$ 217.15 Billion by 2032, growing at a CAGR of 28.7% during the research period.
  • Canada’s Mobile messaging market is expected to thrive at a CAGR of 20.9% over the forecast period.
  • Japan’s Mobile messaging is expected to flourish at a CAGR of 18% during the research period (2022-2032).
  • While Germany is the largest consumer within Europe, thriving at a CAGR of 19.6% between 2022 and 2032.

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COMPETITIVE LANDSCAPE:

Some of the mobile messaging market’s key competitors profiled in the research are Orange SA, KDDI Corporation, LM Ericsson Telefon AB, Nokia Corporation, Numerex Corporation, SK Telecom Co. Ltd, T-Mobile US Inc, Verisign Inc, Vodaphone Group PLC and BT Group PLC.

Key Segments

By Type:

  • Hardware
  • Software

By Application:

  • OEMs
  • Aftermarket

Based on Component:

  • Platform
  • A2P Service

Based on Deployment Mode

  • On-premises
  • Cloud

Based on Traffic:

  • National
  • Multi-country

Based on Vertical:

  • Banking, Financial Services, and Insurance
  • Retail and eCommerce
  • Hyperlocal Businesses
  • Healthcare
  • Travel and Hospitality
  • Others

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Check Related Links –

https://techplanet.today/post/call-center-ai-market-current-scenario-trends-comprehensive-analysis-and-regional-forecast-2022-to-2032

https://tanmay4733.blogspot.com/2022/09/call-center-ai-market-worldwide.html

https://anotepad.com/notes/nr3sma6j

https://at.tumblr.com/rahulverma45/call-center-ai-market-trends-2022-segmentation/zqpipxln68et

https://www.tradove.com/blog/Call-Center-AI-Market-By-System-Type-By-End-User-By-Region-Industry-Analysis-and-Forecast-2022-%E2%80%93-2032.html

About Us

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

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Microlearning Market to Hit US$ 6.3 Billion by 2032 | Future Market Insights

The Microlearning Market registered 11.4% CAGR during the forecast period, to reach US$ 6.3 Billion by the end of 2032. As covid-19 has pushed corporates to opt for remote work procedures, the need for upskilling the workforce with the latest technological innovations and equipping them with cutting-edge innovative technologies is a must. This fuels the growth of the microlearning market.

Microlearning involves various courses, including skill-based programs, result-oriented training and enterprise-specific programs, enhancing the workforce that improves the workflow. As the competition in industries rises, companies digitize their spaces and upskill their workforce. This skilled workforce enhances productivity and makes the work more efficient and easier, helping the business expand their space in new market spaces.

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Different elements of a business such as processes, compliances, security, machines, hardware and software are connected to technicians, IT experts, workers, drivers and other workers. Microlearning aware these workers about the various components of a company and their work, unifying them in order to get better results.

Integration of multiple technologies like artificial intelligence, AR, VR and gamification with the ed-tech platforms are expected the expand the microlearning market in new industries while making the learning easy, accessible and systematic. Lack of awareness and impetus amongst workers, along with low capital investment by corporate players, are declining the growth of the microlearning market as covid-19 has damaged various types of businesses.

KEY TAKEAWAYS:

  • Manufacturing from the microlearning market’s vertical category is the biggest segment in the category and will hold the largest market space in the forecast period.
  • On-premise from the microlearning market’s type category is the biggest segment in the category and will hold the prominence space in the forecast period.
  • USA, Canada, Japan, China and Europe hold a 6% CAGR that is estimated for the slurry segment of transporting media category.
  • Asia Pacific is the emerging market space in the microlearning market, attributing to the higher return on investment (ROI), talent development and increased upskill training.
  • The market size for the microlearning market in China is expected to reach US$ 1.16 Billion by 2032, growing at a CAGR of 11.8% during the research period.
  • The market size of the microlearning market in the United States is expected to reach US$ 1.66 Billion by 2032.
  • Canada’s microlearning market is expected to thrive at a CAGR of 10.4% over the forecast period.
  • Japan’s microlearning market is expected to flourish at a CAGR of 10.8% during the research period (2022-2032).
  • Germany is anticipated to grow slowly at a CAGR of 8.9% between 2022 and 2032.

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COMPETITIVE LANDSCAPE:

Some of the microlearning market’s key competitors profiled in the research are Qstream Inc, AlertDriving, Aptara Inc, Axonify Inc, Bigtincan, Cornerstone, Epignosis, IBM Corporation, Mindtree.com, pryor.com, Saba Software, SwissVBS, Gnowbe, mLevel and Neovation Corporation.

Key Segments

By Component:

  • Solution
  • Services

By Deployment Type:

  • On-premises
  • Cloud

By Organization Size:

  • SMEs
  • Large Enterprises

By Industry:

  • Retail
  • Manufacturing and Logistics
  • BFSI
  • Telecom and IT
  • Healthcare and Life Sciences
  • Others

By Region:

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

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https://vocal.media/stories/call-center-ai-market-2022-size-top-key-players-latest-trends-regional-insights-and-global-industry-dynamics-2032

https://www.mioola.com/tanmayb45/post/53717871/

https://pastelink.net/2fz745dt

https://www.fortunetelleroracle.com/technology/call-center-ai-market—latest-research–industry-analysis–driver–trends–business-overview–key-value–demand-and-forecast-2022-2032-713523

About Us

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

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Innovation Management Market is Anticipated to Touch a Value of Nearly US$ 3.1 Bn in the year 2032

According to Future Market Insights (FMI), the innovation management market is forecasted to reach a net worth of US$ 3.1 Bn in 2032, increasing from US$ 1 Bn in 2021. It is estimated to witness an impressive CAGR of 10.7% over the forecast years.

Over the last decade, most global companies have transformed into digital modes requiring a higher degree of innovation in inventory management with agile data processing technologies. Product idea management has also surfaced to be an important business operation that has further boosted the demand for strategic management of technology and innovation solutions in the global market.

Continuous innovation for developing new products according to the demand of targeted customers is turning out to be the most effective business model for large and small enterprises to remain competitive in the present market. Performing the task of exchanging ideas and knowledge seamlessly among several stakeholders has been greatly supported by the deployment of the Idea management framework in the digital space of enterprises.

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Integration of Cloud-based technologies and AI-assisted idea generation methods have also increased the popularity of innovation management processes for managing technology and innovation in business.

The growing focus of start-ups and established business entities on penetrating different regions by launching innovative and new products has created a huge opportunity for the adoption of effective innovation management solutions. It also involves any activity for improving the available products or services through the innovation in inventory management for a more open business model.

Key Takeaways

  • Over the forecast period of 2022 to 2032, the innovation management market is predicted to witness an absolute growth of US$ 2 Bn from the present value of US$ 1.1. Bn in 2022.
  • On the basis of the deployment model, cloud services are getting highly popular among the end-users by virtue of their dynamic and effective innovation management. This segment is expected to witness a growth rate of 10.3% over the forecast timeframe.
  • Among the different components essential for setting up an Idea management framework, services are the major segment of the innovation management market in the present times. This segment is predicted to record a CAGR of 10.6% during the forecast period.
  • The US is the leading market in terms of total revenue generated through innovation project portfolio management, occupying a share of nearly 35% of the global market. This region is anticipated to grow at the highest rate of 10.6% and is expected to be worth around US$ 1.1 Bn in 2032.
  • Asia Pacific geographic region follows North America in terms of growth rate for the innovation management market. The three top-performing countries, namely China, Japan and South Korea, are expected to be contributing about US$ 500 Mn together by the year 2032.

Competitive Landscape

Some of the prominent players in the global innovation management market are Accenture, SAP SE, Sopheon, Planview, Qmarkets, Brightidea, Planbox, HYPE, IdeaScale, and Innosabi, among others.

With the growth in the number of third party companies for managing technology and innovation in business, the global innovation management market has become highly competitive at present days. Most of the emerging players are getting specialized by targeting particular niche sectors for higher market demand. Health policy innovation and management is one of such popular segments getting increasingly targeted by the prominent players in the innovation management market.

  • Planview Company acquired the rights of Apatage in July 2020. Apatage is a first of its kind system for the application of artificial intelligence (Al) and machine learning (ML) for working and management of portfolios that will offer greater acceptability for Planview in the global market.

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Key Segments

By Component:

  • Solution
  • Services

By Deployment Type:

  • On-Premises
  • Cloud

By Function:

  • Product Development
  • Business Process

By Organizational Size:

  • Large Enterprise
  • Small & Medium Enterprise

By Vertical:

  • BSFI
  • Aerospace and Defense
  • Healthcare and Pharmaceuticals
  • Retail and eCommerce
  • Information Technology and Telecommunications
  • Government
  • Manufacturing
  • Transportation and Logistics
  • Others

By Region:

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

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Check Related Links –

https://bresdel.com/blogs/249640/3D-Mapping-and-Modeling-Market-Size-Share-Trends-Application-Analysis

https://homment.com/9uQ12J5Eql9RVaeo5Ict

https://inobee.com/read-blog/104549

https://medium.com/@rv9286745/call-center-ai-market-2022-increasing-demand-for-efficient-management-practices-report-2032-e9f79b43d450

https://www.homify.co.uk/ideabooks/9031226/call-center-ai-market-size-share-trends-industry-analysis-research-methodology-by-forecast-to-2022-2032

About Us

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

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