Market Research Blog – Page 10476 – New Product Development

Blow Molded Bottles Market Analysis and Market Studies for 2022 – 2032

The global blow molded bottles market size is estimated to reach a valuation of US$ 90.3 Bn by the end of 2022, accelerating at a CAGR of 4.8% during 2022-2032. The global blow molded bottles market is expected to create an incremental opportunity of US$ 144.3 Bn by the end of 2032.

Increasing capacity addition activities in high-growth regions, including Asia Pacific and the Middle East & Africa is a major factor that would drive the market. These regions are anticipated to create a consistent demand for blow molded bottles in addition to lowering the overall manufacturing cost.

Several manufacturers are looking for new machines that can provide maximum flexibility, greater cost efficiency, and higher accuracy to accelerate the constantly surging cost of production from numerous demanding application industries such as food & beverage and pharmaceuticals.

Besides, increasing demand for the extrusion blow molding technology across the globe owing to its relatively low cost, as compared to injection blow mold is set to aid growth. The technology also requires low pressure and makes molding of external threads easy.

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Injection blow molding, on the other hand, helps in manufacturing more complex products in various shapes and designs that would be otherwise difficult or impossible with other technologies. The process further allows organizations to surge their production output in a shorter period along with flexibility in terms of materials and design.

2015-2021 Global Blow Molded Bottles Demand Outlook Compared to 2022-2032 Forecast

The global blow molded bottles market registered a CAGR of 4.2% during the historic period of 2015-2021 and held a share of US$ 68 Bn in 2015. As per FMI, the market reached around US$ 87 Bn by the end of 2021. Extrusion, injection, and injection stretch blow molding are the three primary categories of blow molding techniques.

Increased demand from the packaging industry is a key driver fueling growth in the global blow molded bottles market. Furthermore, the market is projected to have profitable growth prospects due to expanded application range and rising demand from emerging nations.

The market for blow molded bottles has expanded significantly as a result of rising demand for pharmaceutical products, which has increased the use of these bottles. Additionally, low cost of blow molded bottles is set to create a sizable market potential for leading players worldwide. Owing to the above-mentioned factors, the global blow molded bottles market is expected to grow at a CAGR of 4.8% during the forecast period of 2022-2032.

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Bi-Metal Cans Market is Anticipated to Record A CAGR of 5.6% During The Forecast Period

The Bi-metal cans market size is estimated at USD 45.5 Bn by 2032, surge at a CAGR of 5.6% during the forecast period 2022-32. Survey Conducted by Future Market Insights (FMI), a Leading Market Research and Competitive Intelligence Provider Offers Insights into Vital Dynamics Facilitating the Growth in the Global Bi-metal Cans Market over the Assessment Period 2022-2032.

A detailed study on Bi-metal cans market by FMI provides riveting insights into key dynamics, such as drivers and opportunities, facilitating the growth in the market. It uncovers challenges posing threats and highlights prospects for growth in the near future.

As per the comprehensive analysis conducted by ESOMAR-certified consulting firm, FMI, the global Bi-metal cans market is expected to grow at a healthy CAGR during the forecast period (2022-2032). The objective of the study is to analyze key market dynamics and uncover critical trends & opportunities that will elevate the sales Bi-metal cans in the coming 10-years.

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The demand for bi-metal cans is attributed to their unique dual advantages against the traditional single metal cans. The tin coating in bi-metal cans helps in protecting the metal from corrosion caused by food contact and, on the other hand, even saves the food from metal contamination.

Some of the other advantages of it responsible for the increased sales of the bi-metal market includes its eco-friendly nature. The bi-metal cans utilize tin and other metal materials, which can be recycled countless times without the loss of any of their properties.

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The increasing awareness among end-users about the disadvantages of using polymer-based materials has created immense opportunities for the sales of bi-metal cans in the packaging industry. Manufacturing of bi-metals can also save 60% energy consumption increasing the profitability of the bi-metal cans market share.

One o the distinct features that have surged the demand for bi-metal cans is its excellent printability for attractive design and brand value. These cans have emerged as a useful alternative to plastics, further augmenting the bi-metal cans market share.

Key Bi-metal Cans Market Takeaways and Projections

The U.S. is expected to lead the North america Bi-metal cans market, projecting the fastest growth in the region between 2022 and 2032.
Germany and the U.K. are expected to, collectively, hold the largest share in the Europe market over the assessment period.
China will dominate the East Asia market, accounting for the largest demand share during the forecast period.
India is expected to emerge as a highly remunerative market in South Asia, contributing the significant revenue share in the region through 2032.

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Competitive Landscape Analysis

The market survey conducted by FMI offers key trends and challenges in the packaging industry and its consequent impact of Bi-metal cans market. The survey provides a thorough market share analysis to offer an in-depth analysis of prevailing competition.

It also provides a list of leading players and recent development in the global Bi-metal cans market. Some of the prominent market players are Ardagh Group S.A., Ball Corp, Crown Holdings, Inc., The Tinplate Company Of India Limited, NCI Packaging Pty. Ltd., Cerviflan Industrial e Comercial Ltd.

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Baking Paper Market Size, Share, CAGR & Forecast Report for 2031

The growing trend of ready to eat, as well as packaged food Baking Paper Market consumption on account of the changing lifestyles of the people and their increased income is benefiting the growth of this Market.

Rising demand for of Ready-to-Eat meals, packaged foods, frozen foods, and instant food products will help the market for intelligent tamper-proof packaging to grow. With supermarkets, hypermarkets, and utility stores changing the entire landscape of shopping for food and beverage products, there has been a rise in the need for intelligent tamper-proof packaging as this form of packaging boost the shelf life of the product within, by maintaining its freshness as well as its nutritional value throughout the supply chain.

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The U.S. Food and Drug Administration has strictly enforced tamper-evident packaging for pharmaceutical manufacturers in various countries are driving the market growth in a positive way. The increasing expanding growth of the pharmaceutical industry, which is expected to fuel the global tamper-evident packaging market during the forecast period. The increasing concerns regarding healthcare and safety are thus also propelling the market growth.

Asia-Pacific Tamper Proof Packaging Market outlook

The Asia Pacific is estimated to witness growth with the highest CAGR in the market during the forecast period owing to the strong expansion of the pharmaceutical, food & beverages, and cosmetics industry in this region. Rising disposable income of consumers and the growing urban population in developing countries such as India and China are projected to propel the tamper proof packaging market growth in the forecast period.

Growing consciousness regarding food safety among consumers and changing lifestyles of consumers are also anticipated to drive the tamper proof packaging market growth in a positive way.

North America Tamper Proof Packaging Outlook

North America is expected to hold the largest share in the market during the forecast period owing to regulatory mandates and high awareness regarding product safety among consumers. Rising demand for tamper-evident packaging is inevitable and several factors are already driving the market growth in a positive direction.

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The FDA or U.S. Food and Drug Administration has imposed stringent rules and regulations on the pharmaceutical industry regarding the packaging of medicines and drugs along with the strict testing protocols which are estimated to stimulate the growth of the tamper-evident packaging market in coming years.

Who are the Key Manufacturers and Suppliers of Tamper Proof Packaging

Some of the leading manufacturers and suppliers of tamper proof packaging

AEP Industries Inc.
Graham Packaging Company
Amcor Limited
American Packaging Corporation
BALL CORPORATION
Bemis Company Inc.
CONTROLTEK
COM
PolyOne
ProAmpac
PRINTPACK
Sealed Air
and Winpak Ltd.

Key suppliers are focusing on increasing the manufacturing capacity and supply of the tamper proof packaging as increase in global demand of it. Consistent efforts are being taken by market players in order to reduce the cost of development.

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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.

Key Segments

Based on the Product Type:

Shrink sleeves
Induction seal
Film wrappers
Blister or strip packs
Bubble packs
Others (Pouches, bottle mouth inner seals, tape seals)

Based on the End Use:

Pharmaceutical
Food and beverages
Cosmetics
others

Based on the Material Type:

plastics
glass
paper lids
metal
others

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Unsupported Single Coated Tape Market Size Is Expected to Showcase Growth at A CAGR of 3.5% And Reach US$ 9.8 Billion from 2022-2032

The unsupported single coated tape market size is anticipated to be valued at US$ 9.8 Bn by 2032 & will steady rise at CAGR of 3.5% in the duration of 2032.

Survey Conducted by Future Market Insights (FMI), a Leading Market Research and Competitive Intelligence Provider Offers Insights into Vital Dynamics Facilitating the Growth in the Global Unsupported Single Coated Tape Market over the Assessment Period 2022-2032.

A detailed study on unsupported single coated tape market by FMI provides riveting insights into key dynamics, such as drivers and opportunities, facilitating the growth in the market. It uncovers challenges posing threats and highlights prospects for growth in the near future.

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As per the comprehensive analysis conducted by ESOMAR-certified consulting firm, FMI, the global unsupported single coated tape market is expected to grow at a healthy CAGR during the forecast period (2022-2032). The objective of the study is to analyze key market dynamics and uncover critical trends & opportunities that will elevate the sales unsupported single coated tape in the coming 10-years.

Unsupported single coated tapes are considered to be an unsupported mass of adhesive tapes. These contain adhesive only on one side of the carrier. The carrier can be foil, film, woven cloth, or paper. Some of the most commonly utilized unsupported single-coated tapes are medical tapes, electric tapes, masking tapes, and carton tapes.

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Specialty pressure-sensitive tapes and ordinary tapes are the two most common types of unsupported single coated tapes that are easily available in the market. Specialty pressure-sensitive unsupported single-coated tapes are extensively used in the electrical and medical industries, whereas ordinary tapes are increasingly utilized in the automotive, as well as paper and printing industries globally.

Key Unsupported Single Coated Tape Market Takeaways and Projections

The U.S. is expected to lead the North america unsupported single coated tape market, projecting the fastest growth in the region between 2022 and 2032.
Germany and the U.K. are expected to, collectively, hold the largest share in the Europe market over the assessment period.
China will dominate the East Asia market, accounting for the largest demand share during the forecast period.
India is expected to emerge as a highly remunerative market in South Asia, contributing the significant revenue share in the region through 2032.

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Competitive Landscape Analysis

The market survey conducted by FMI offers key trends and challenges in the packaging industry and its consequent impact of unsupported single coated tape market. The survey provides a thorough market share analysis to offer an in-depth analysis of prevailing competition.

It also provides a list of leading players and recent development in the global unsupported single coated tape market. Some of the prominent market players are Arkema (Bostik), 3M, Nitto Denko, Scapa, Avery Dennison, Syntac Coated Products, Intertape Polymer, Adhesives Research, Berry Plastics, Cantech, American Biltrite, Shurtape Technologies, Essentra, Adhesive Applications, Mactac, Main Tape, tesa SE, DYNAREX, DeWAL Industries, Medline Medical, Lamart Corp., McKesson, Johnson & Johnson, Cardinal Health, Worthen Industries, Coroplast Tape Corporation, CCT Tapes.

Key Segments Profiled in the Unsupported Single Coated Tape Industry Survey

By Product Type:

Ordinary Tape
Specialty Pressure Sensitive Tape

By Application:

Aerospace
Medical
Retail/Graphics
Building/Construction
Paper/Printing
Hygiene
White Goods
Automotive

Tamper Proof Packaging Market – Major Revenue Gains are Expected by 2031

The growing trend Tamper Proof Packaging Market of ready to eat, as well as packaged food consumption on account of the changing lifestyles of the people and their increased income is benefiting the growth of this Market.

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Asia-Pacific Tamper Proof Packaging Market outlook

Growing consciousness regarding food safety among consumers and changing lifestyles of consumers are also anticipated to drive the tamper proof packaging market growth in a positive way.

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North America Tamper Proof Packaging Outlook

Who are the Key Manufacturers and Suppliers of Tamper Proof Packaging

Some of the leading manufacturers and suppliers of tamper proof packaging

AEP Industries Inc.
Graham Packaging Company
Amcor Limited
American Packaging Corporation
BALL CORPORATION
Bemis Company Inc.
CONTROLTEK
COM
PolyOne
ProAmpac
PRINTPACK
Sealed Air
and Winpak Ltd.

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Key Segments

Based on the Product Type:

Shrink sleeves
Induction seal
Film wrappers
Blister or strip packs
Bubble packs
Others (Pouches, bottle mouth inner seals, tape seals)

Based on the End Use:

Pharmaceutical
Food and beverages
Cosmetics
others

Based on the Material Type:

plastics
glass
paper lids
metal
others

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Retort Machine Market Share Can Attain Net Valuation of US$ 3.5 Billion by 2032

During the forecast period of 2022 to 2032, the retort machine market size is expected to grow at an annual rate of 8.2%. The retort machine market share is expected to reach a net valuation of US$ 3.5 billion by 2032, up from US$ 2.35 billion in 2021.

A retort machine is used to sterilise food and beverages. Pasteurization is the process of cleaning a surface of germs, viruses, fungi, and unicellular organisms. Retort machines are in high demand in a variety of industries due to their multiple benefits.

The food processing industry accounts for the majority of retort machine sales. Filtration, irradiation, acids, and temperature are some of the ways used to sterilise food in the retort machine.

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It is used in the food and beverage industry for aseptic packing to produce self-stabilizing foods that do not require refrigeration. The retort machine provides excellent storability due to the sterilising procedure, which can be attributed to the increased sales of retort machines in recent years.

The use of a retort machine for food results in a quicker preparation time, which saves energy and reduces food deterioration, driving up demand for retort machines.

Which region dominates the retort machine market?

Pathogens, mislabelling of food products, and the presence of allergens all contribute to an increase in the prevalence of foodborne disease, resulting in food contamination. The market for retort machines is likely to be driven by a reduction in the usage of metal parts, glass, and plastics.

During the projected period, the global market for retort machines is expected to rise at a rapid pace. In terms of retort machine sales, Asia Pacific is expected to be the fastest-growing market. Some rising countries, such as China and India, as well as developed countries, such as Japan, have a favourable market for sterilised food items, which has prompted food manufacturers in these countries to request retort machines.

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JBT Corporation, Ventilex, Surdry S. L., Cosmed Group, Steriflow, Allpax Products, LLC, Systec GmbH, HISAKA WORKS, LTD, De Lama S.p.A., Henan Dafu Mechanical Import And Export Co., Ltd., Raphanel System, Sun Sterifaab Pvt Ltd, and others are among the major players in the global retort machine market. The Retort Machine market is projected to be dominated by local and unorganised players.

The worldwide retort machine market study section includes data for both new and established market participants. The financial accounts sections gathered from all of the major retort machine market rivals supply the crucial insights for market trends.

Recycled Prescription Bag Market In-Depth Analysis with Booming Trends Supporting Growth and Forecast 2021-2031

The growing awareness and concerns regarding the degrading effects of plastic on the environment have surged the demand for paper bags in the Recycled Prescription Bag Market. Prescription bags made from Paper and especially recycled paper provide a sustainable solution to the environment as they also help manage post-consumer paper waste.

Moreover, paper bags offer less risk of suffocation to kids and animals, therefore raising their demand. However, paper bags are not waterproof and are more expensive than plastic bags and these factors can potentially affect the market growth.

The increase in global warming, coupled with the modern lifestyle, growing preference for doorstep delivery of medicine, will also help propel the growth of the paper bags market.

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North America and Europe Recycled Prescription Bag Market Outlook

North America region is one of the largest market for paper bags. Growing concerns pertaining to environmental damage caused by plastic wastage has resulted in increase in demand for paper bags in North America. Also, surging sales recorded via hypermarket, super markets, pharmaceutical sectors, and others are spurring the North America paper bags market growth.

Western Europe has emerged as a highly lucrative market for paper bags. The surge in demand from the expanding pharmaceutical, foods & beverages industries, in countries such as France, Germany, Spain, and others, is boosting the Western Europe market for paper bags. According to study Germany is expected to sustain in the leading position in Western Europe market during the forecast period.

Asia Pacific Demand Outlook for Recycled Prescription Bag

Asia Pacific is presently leading the global paper bags market. Abundant availability of raw materials, availability of cost effective & skilled labor, and other factors are driving the APAC paper bags market. The strong pharmaceutical sector in countries such as China, Japan and India, and others are boosting the demand for recycled prescription bags further.

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The rising demand for affordable and sustainable packaging solutions will drive the market in the region. According to Study, China is expected to remain dominant in the Asia Pacific market over the forecast period.

Who are the Key Manufacturers and Suppliers of Recycled Prescription Bag?

Some of the leading manufacturers and suppliers of Recycled Prescription include

Smurfit Kappa Group Plc
International Paper Company
Novolin HoldingsInc.
Ronpak
Welton Bibby and Baron Limited
El Dorado Packaging Inc.
Langston Companies Inc.
United Bags Inc.
Genpak Flexible
Global-Pak Inc.
York Paper Company Limited
Paper bags Limited
JohnPac Inc.
WestRock Company and many others.

The recent COVID-19 outbreak has hugely impacted the growth of market of prescription bag. As in the pandemic the sale of pharmaceutical rose very rapidly. It has boosted the market for Recycled prescription bags. The lockdown halted the production of several key raw materials, which further posed many production challenges, resulting in spiking product prices and lowering the market demand. Manufacturers faced a range of problems, from obtaining raw materials required for the production to managing presence of factory workers in face of quarantine & lockdown situations. However the sector has responded to the crisis effectively and ensured to meet customer demands to a great extent.

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The Recycled Prescription Bag 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.

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HVDC Transmission Systems Market is Projected to Increase from a valuation of US$ 10.3 Bn in 2022 to US$ 17.2 Bn by 2028

Growing at a CAGR of 8.9%, the worldwide HVDC Transmission Systems Market is projected to increment from a valuation of US$ 10.3 Bn in 2022 to US$ 17.2 Bn by 2028. The HVDC transmission framework request represented practically 15% market portion of worldwide power transmission market.

The around US$ 7.5 billion HVDC transmission systems market is expected to areas of strength for notice in the income in 2019 and ahead. FMI has led organized market research on the worldwide HVDC transmission systems market. The report, named ‘HVDC Transmission Systems Market Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028,’ assesses the market and undertakings a promising development standpoint for the market over coming years.

Based on FMI’s review, the worldwide market for HVDC transmission systems will observer noticeable interest age from power transmission ventures. Expanding interest for HVDC transmission systems in arising economies is supposed to especially drive the income development of worldwide HVDC transmission systems market soon, as per the report.

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Expensive Installation Remains Longstanding Factor Limiting Rapid Growth of HVDC Transmission Systems Market

On the flip side, HVDC transmission systems require the installation of various components, such as converters, smoothing reactors, and harmonic filters, to reduce or absorb the harmonics that are produced during the transmission process. These components, which are costly, add to the already high cost of installation.

High installation cost of HVDC transmission systems is thus estimated to be a prime factor hampering the growth of the market over the forecast period. Moreover, HVDC transmission systems require expensive conversion stations and spare parts for maintenance, which is also expected to challenge the growth of the global HVDC transmission systems market during the forecast period.

North America & APEJ to Remain Key Markets for HVDC Transmission Systems Manufacturers

An in-depth analysis of the market suggests that the overall size of the global HVDC transmission systems market will grow at a substantial rate during the forecast period. Several optimistic variations are likely to contribute to the growth of the HVDC transmission systems market.

By region, North America is estimated to dominate the global HVDC transmission systems market throughout the forecast period. North America, followed by Asia Pacific excluding Japan (APEJ), is estimated to remain among the dominant regions. APEJ, followed by Japan, is expected to expand at a high CAGR over the forecast period.

By system component, the solution segment is estimated to dominate the HVDC transmission systems market with a value of US$ 5,278.8 Mn in 2018. Among the solution segments, the AC & DC harmonic filters segment is expected to create an incremental $ opportunity worth US$ 674.6 Mn during the forecast period. However, the services segment is estimated to expand at a significant CAGR in the global HVDC transmission systems market over the forecast period.

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By technology, the Voltage Source Converters (VSC) segment is expected to hold a dominant value share in the global HVDC transmission systems market. The segment is projected to expand with a high CAGR owing to the increasing applications of VSCs in wind farm grids for underground power transmission.

By deployment, subsea & underground cables are gaining popularity as these cables transmit lower losses than overhead cables. In value terms, the subsea segment is projected to create an incremental $ opportunity worth US$ 3,068.8 Mn in the global HVDC transmission systems market over the forecast period.

How Has COVID-19 Crisis Impacted The Sales Of HVDC Transmission Systems?

The global components of HVDC transmission systems are forecast to declining in the last one and half years owing to supply chain disruptions caused by the COVID-19 outbreak. There is government rules and municipal governments established strict restrictions, and all non-essential activity were halted. Because end users’ activities were halted, this had a negative impact on the HVDC transmission systems industry.

The HVDC transmission systems market is expected to witness a rebound from the second to the third quarter of 2022. There is continuous development and implementation of new technology/solution such as AC & DC harmonic filters, DC lines and circuit breakers for improve transmission line efficiency, and allowing power to be transferred more quickly.

Competitive Landscape

The HVDC transmission system solution providers also focus on launching innovative solution and expanding its HVDC transmission system solution offerings to deliver enhanced technology as well as offer new and upgraded solutions in new markets. The business alliances strategy helps the company in product development, technological management, and in expanding its customer base.

In November 2018, ABB Ltd., a pioneering technology leader enabled the world’s first high-voltage direct current (HVDC) grid in China.
In March 2021, Siemens Limited has announced that it has successfully commissioned India’s first high-voltage direct current (HVDC) link featuring voltage-sourced converter (VSC) technology.

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Key Segments Covered

By System Component

Solutions
Services

By Technology

LCC
VSC
Others

By Deployment

Overhead
Underground
Subsea
Combination

By Power Rating

Below 1000 MWs
1001 to 2000 MWs
2001 MWs and above

By Region

North America
Latin America
Western Europe
Eastern Europe
APEJ
Japan
MEA

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 6-years.

Contact:

Future Market Insights Inc.  
Christiana Corporate,
200 Continental Drive,
Suite 401, Newark,
Delaware – 19713, USA  
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports
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Smart Agriculture Solution Market is Expected to Register Strong CAGR at 10.3% by 2031 – Exclusive Report by Future Market Insights, Inc.

The worldwide smart agricultural solution market will develop at a CAGR of 10.3 percent over the projected period, according to a study by Future Market Insights (FMI). By the end of 2031, global sales of smart agriculture solution market are expected to exceed US$ 13.2 billion.

Market expansion will be fueled by the implementation of sophisticated technologies such as artificial intelligence in drones to boost agricultural productivity.

The expansion of the agriculture industry in India, Australia, and China is a significant element driving demand for advanced agricultural technologies including sensor-based variable rate technology.

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Between 2016 and 2020, the worldwide smart agricultural solution market increased at a CAGR of 5.7 percent. Sales of smart agriculture solutions increased by 4.6 percent in 2021, thanks to the introduction of precision farming and the use of agriculture 5.0 technology.

The demand for sensor-based and map-based solutions will increase as precision farming and smart greenhouses become more popular. According to FMI, the worldwide smart agricultural solution would expand 6.8% year over year in 2021.

FMI’s Smart Agriculture Solution Market Study Highlights

The variable rate technology category is expected to grow at the fastest rate through 2021 and beyond.
The hardware category, which accounts for about half of the market share, is predicted to expand the quickest.
Through 2031, the drones sector will account for a significant portion of the worldwide market.
During the projected period, the sensor monitoring system segment is predicted to increase significantly.
Through 2031, India is predicted to be one of the most attractive markets for smart agricultural solutions.
Latin America’s smart agricultural solution market is predicted to develop at a CAGR of 12.3% during the forecast period, with Brazil leading the way.

Competitive Landscape

As per the study, key players operating in the smart agriculture solution market are investing in developing modern and smart agriculture products such as smart aerial drones to gain competitive edge.

Some of the players are focusing on introducing new products and forming strategic partnerships with local agricultural product providers to expand their consumer base. For Ex:

Dirt Road Data Inc.
Iteris Inc.
CropMetrics LLC
Agribotix LLC
AgriSight Inc.
SemiosBio Technologies Inc.
Granular Inc.
Trimble Navigation Ltd.
Site-Specific Technology Development Group Inc.

Why is the Demand for Smart Agriculture Solution Hardware Increasing?

As per the study, the hardware sub-segment of the component segment in smart agriculture solution market is expected to account for more than 50% of global market share. Increasing adoption of drones in agricultural activities to improve the crop productivity is the major factor driving the growth in the segment.

Also, integration of smartphones and adoption of artificial intelligence in sensor monitoring system and GPS enabled ranging system to monitor and manage the farm in precision farming will boost growth in the segment.

Due to the surging demand for automation in precision farming, smart agriculture solution providers are introducing new products such as drones with GPS and aerial-climate detection to expand their customer base.

For instance, in November 2021, XAG, leading agriculture robotics and AI-powered smart agriculture solution provider, launched its V40 and P40 Agricultural Autonomous Drone, that can conduct mapping, spraying, and broadcast on farm, supporting farmers’ transition to climate smart practices and reducing carbon footprints.

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Smart Agriculture Solution Market by Category

Component Type:

Hardware
- Sensor Monitoring System
- Smart Detection System
- GPS Enabled Ranging System
- Drones
Software
Services
- Climate Information Service
- Supply Chain Management Service
- Others (System Integration, Maintenance and Consulting Service)

Application:

Automated Machinery Guidance Control
Tractor Collision and Obstacle Detection
Machinery Safety and Parameter Monitoring
Variable Rate Technology
Building and Premises Surveillance

Region

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

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CMOS Power Amplifier Market is Expected to Generate about US$ 5000 million by 2026 – Exclusive Report by Future Market Insights, Inc.

Expanding application base of the Internet of Things (IoT) is translating into rapid technological advancement and miniaturisation of devices that entails stronger connection peripherals. This, in turn, is resulting in higher demand for CMOS power amplifier. Future Market Insights has recently conducted an analytical study on the global CMOS power amplifier market that projects a stout growth in terms of revenue between 2016 and 2026. The arrival of superior wireless communication networks and extended benefits of CMOS technology is expected to provide an impetus to the overall development of the market.

Over the next couple of years, it is anticipated that network issues brought on by new wireless standards would also support demand for CMOS power amplifiers. By the end of 2026, the US$ 1,017.9 million CMOS power amplifier market is anticipated to reach US$ 4,714 million, growing at a CAGR of 16.6%. Leading CMOS power amplifier vendors and manufacturers expect that widespread use of CMOS power amplifiers in GSM/EDGE, LTE, CDMA 2000, and other wireless communication technologies will open up lucrative market potential.
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Market Restraints

The “CMOS Power Amplifier Market: Global Industry Analysis and Opportunity Assessment, 2016-2026” research from Future Market Insights also states that technological difficulties in CMOS power amplifier design may, to some extent, temper the market’s burgeoning momentum over the assessment period. Furthermore, the employment of CMOS power amplifiers is restricted to low-PAR (peak-to-average ratio) modulation systems due to their inherent weak linearity.

Usage of CMOS Power Amplifier in LTE Technology to Grow Higher

In 2015, the GSM/EDGE sector held a nearly 31 percent revenue share of the market based on modules. However, quick adoption and development of 4G and 5G wireless communication are causing CMOS power amplifier consumption in LTE technology to increase. The LTE module market is also expected to grow at the fastest CAGR of 20.2 percent over the study period. In order to address the expanding need for broader bandwidth and quicker transmission rates, manufacturers are concentrating on building high-performance CMOS power amplifiers.

Application of CMOS Power Amplifier in Smartphones to Remain Dominant

In 2015, the smartphone segment registered the largest market share, reaching a market valuation of US$ 423.4 Million. The segment is expected to hold its top position throughout the forecast period, expanding at 17.9% CAGR over 2026.

Global CMOS Power Amplifier Market: Regional Outlook

Future Market Insights’ report delivers key insights and offers analysis on the potential of the CMOS power amplifier market through a regional overview. In 2015, Asia Pacific excluding Japan (APEJ) commanded a dominant share of the market attributed to the healthy existence of consumer electronics manufacturers across the region. The market in Asia Pacific is projected to remain dominant and expand at a staggering 19.4% CAGR over the forecast period.

Competitive Dashboard

Key stakeholders in the global market for CMOS power amplifier include Skyworks Solutions, Inc., Toshiba Corporation, Broadcom Ltd., ACCO Semiconductor, Inc., DSP Group, Qorvo, Inc., Qualcomm Technologies, Inc., Texas Instruments Inc., and Murata Manufacturing Co., Ltd. Most of these companies are concentrating on further product innovation to increase their market presence at a global level. For instance, in October 2015, ACCO Semiconductor Inc., a leading provider of fabless semiconductors headquartered in the U.S. launched a range of CMOS power amplifier technologies designed to support quad-band GSM/EDGE and 12-band 3G/LTE smartphones as well as Internet of Things applications.

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Market Segmentation

By Module

GSM/EDGE
UMTS
LTE
CDMA 2000
TD-SCDMA
FOMA/Others

By Application

Smartphone
Feature Phone
Connected Tablet
Others

CDMA 2000 segment is anticipated to create significantly higher incremental opportunity between 2016 and 2026

Future Market Insights forecasts revenue from the CDMA 2000 segment in the global CMOS power amplifier market to be valued at nearly US$ 500 Mn by 2026 from about US$ 100 Mn in 2016
Revenue from the CDMA 2000 segment is expected to register a CAGR of 16.2% during the assessment period
The CDMA 2000 segment is projected to create incremental dollar opportunity of nearly US$ 400 Mn between 2016 and 2026

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