Electric Motor Industry Share Will Rise At 5.6% CAGR By End 2031 | Exclusive Report by FMI

Driven by increasing focus on research and development and investment in Industrial sector, the electric motor industry share will rise at 5.6% CAGR between 2021 and 2031 in comparison above 3.8% CAGR registered during 2016-2020.

According to Future Market Insights (FMI), increasing automation and robotics in industrial production sector have fuelled the demand for electric motors. The market also is gaining from rapid technological advancement and advent of industrial 4.0.

The residential appliances segment, which primarily uses low power capacity motors, is expected to boost electric motor demand. Historically, the electric motor market has been regarded as a high volume-high value market.

Electric motors consume 40% of total energy used in industries, according to Energy Association estimates. Instead, emphasis should be placed on promoting the use of high-efficiency motors.

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Demand for alternating current (AC) electric motors has been steadily increasing. This can be attributed to operating advantage linked with it, its prime advantage is its speed torque characteristics which has raised the application for electric motors in various end uses, owing to which the AC electric motors has secured a prominent share in the global Electric motors market.

The growing requirement for pumping application from agriculture, water treatment plants, oil & gas sector and other industries is expected to drive the electric motors market in the forecast period. Increasing number of players are focusing on research and development related to electric motors, which is anticipated to contribute towards market growth in the years to come.

The electric motors market however registered moderate decline in its sales volume in FY2020 due to the unforeseen COVID-19 pandemic. Demand from major end-use industries like automotive, oil & gas, and other waned. Contrary to this, sections of medical sector were not affected due to increase in demand amid the adoption of COVID-19 precautionary measures.

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Key Takeaways from Electric Motors Market Study

  • Power output electric motors are projected to hold over 80% volume share of the global market in 2021, owing to robust demand for various applications.
  • The AC Electric motors are set to hold over 71.6% of the market share on value basis by the end of forecast period.
  • East Asia will remain a primary market, backed by rising demand from the automotive & residential sector. It is expected to account for over 22.7% of the demand registered in globally in 2021.
  • Electric motors for robotics application set to surge at CAGR of approximately 5.9% over the coming decade.
  • The U.K. is emerging as a key market in Europe, with a valuation of over US$ 5.4 Bn in 2021, and anticipated to grow with 5.4% CAGR in the forecast period.

The electric Motors market is anticipated to grow at a strong pace driven largely by increasing demand for innovative and energy-efficient products across industries. Raising automation and digitalization in various end-use sectors are key factors fuelling the demand for electric motors. Industry participants are investing in expansions, strategic alliances, and cost effective solutions to gain a competitive advantage,” says a Future Market Insights analyst.

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Competitive Analysis:

The electric motors market is highly competitive with more than 1,000+ players consisting of tier-1, tier-2 and local based vendors across the region, key players accounting for around 20-30% of the market share. These players are likely to invest in new technology developments and expansion of their distribution networks in order to maintain their market presence.

Some of the key players in this industry include but are not limited to General Electric, Robert Bosch GmbH, Hitachi, Ltd., Nidec Corporation, WEG S.A., Siemens AG, ABB Group, Regal Beloit Corporation, Toshiba Corporation, Johnson Electric, Hyosung Corporation, Schneider Electric SE, Bonfiglioli Riduttori S.p.A., Kirloskar Electric Company Ltd., Allied Motion Technologies Inc., East West Manufacturing, LLC, Hyundai Electric Co. Ltd.

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Electric Motor Market by Category

Power Output:

  • <1HP
  • 1-5HP
  • 5 – 10 HP
  • 10 -20 HP
  • 20 – 50 HP
  • 50 – 100HP
  • 100 – 300 HP
  • 300 – 500HP
  • Above 500HP

Product Type:

  • AC Motor
    • Induction Motor
    • Synchronous Motor
  • DC Motor
    • Brushed DC
    • Brushless DC

By Application:

  • Pumps
  • Fans
  • Drives
  • Compressor
  • General Machinery
  • Centrifugal Machinery
  • Grinders
  • Extruders
  • Robotics
  • Others

By End Use:

  • Industrial
    • Oil & Gas
    • Power Generation
    • Mining
    • Food & Beverages
    • Pulp & Paper
    • Chemicals
    • Air Separation Plant
    • Other Manufacturing
  • Residential
  • HVAC & Refrigeration
  • Medical
  • Municipal Water Treatment
  • Transportation
    • Automotive
    • Aviation
    • Electric vehicles
    • Railways
    • Boats
  • Others

By Region:

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

Read More: 

https://medium.com/@princepawar085/agricultural-equipment-market-in-the-region-is-set-to-register-steady-growth-at-4-4-cagr-fmi-c04a5248b09b

http://community.getvideostream.com/topic/81863/agricultural-equipment-market-2022-increasing-demand-for-efficient-management-practices-report

https://addandclick.com/read-blog/98894

https://waoop.com/read-blog/21694

https://princepawar0.blogspot.com/2022/09/global-agricultural-equipment-market.html

 

Managed Workplace Services Market Analysis by Business Developing Strategies, Growth Key Factors and Forecast to 2032

The managed workspace services market is anticipated to increase from 2022 to 2032 at a CAGR of 12.0 percent, from US$ 28.7 billion to US$ 99.4 billion.

Enterprises represent a substantial chunk of workforce, which is why it is in their best interest to determine how to retain them and simultaneously improve their productivity. Managed workplace services are about providing a standardized environment which is smart, agile, and scalable, to bridge the gap between business productivity and end-user’s expectations for an integrated, customized and flexible services.

It is achieved by instituting more flexible IT workstations and traditional workplace processes, and integrating them to support end-users. Managed workplace services provide end-to-end approach in workflow processes through platforms such as desktop delivery, mobility, service desks, collaboration, and user-support, while reducing operational IT costs. This caters the modern need of digitally optimized workplace.

Managed workplace services help in transforming workplaces into customized, innovative and intelligent workplaces, by striking a balance between existing IT infrastructure and digital IT, aiming to connect employees, data, and applications present at the workplace.

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Managed Workplace Services Market: Drivers and Restraints

The digital transformation in the workflow processes of enterprises is one of the biggest driver of managed workplace service market.

Managed workplace services aims for a workplace to evolve from a technology-centric approach to workplace centric approach, being another driver for this market. Increased automation, user satisfaction and freedom due to mobile access, and enhanced productivity in an organisation are also some factors resulting in the growth of managed workplace services market.

However, factors such as complexity in finding a solution which integrates traditional and digital services and confidential data breach at an incident, are some challenges faced by managed workplace services market.

Managed Workplace Services Market: Segmentation

Managed workplace services market can be segmented on the basis of service type, enterprise size, end-user vertical, and region wise. On the basis of service type, managed workplace service market can be sub-segmented into mobility services, desktop services, service desks, collaboration services, management services and others.

On the basis of enterprise size it is further segmented into small and medium enterprise, and large enterprise. Considering end-user vertical it is categorized into BSFI, Government, IT and Telecom, Healthcare and Life sciences, Manufacturing and Automotive, Transportation and Logistics, Retail, Media and Entertainment, and Others.

Managed workplace services market is sub-segmented into key regions such as North America, Latin America, Asia-Pacific, Europe and Middle East and Africa.

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Managed Workplace Services Market: Regional Overview

Managed workplace services market is dominated by North America and Europe due to presence of workplace services vendors and presence of enterprises actively working to build and improve their capability to sustain their leadership positions. In Asia-Pacific region, managed workplace services market is showing a considerable growth due to presence of substantial workforce in countries such as China and India and technological advancements in IT sector.

Regional analysis for Biometric Lockers Market includes development of these systems in the following regions
  • North America
    • By US
    • By Canada
  • Latin America
    • By Brazil
    • By Mexico
    • By Others
  • Europe
    • By U.K.
    • By France
    • By Germany
    • By Poland
    • By Russia
  • Asia Pacific
    • By Australia and New Zealand (ANZ)
    • By Greater China
    • By India
    • By ASEAN
    • By Rest of Asia Pacific
  • Japan
  • Middle East and Africa
    • By GCC Countries
    • By Other Middle East
    • By North Africa
    • By South Africa
    • By Other Africa

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

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Demand of Real-time PCR (Polymerase Chain Reaction) Systems Market Demand is Anticipated to be Valued at US$ 5.02 Billion in 2022

The Global real-time PCR systems demand is anticipated to be valued at US$ 5.02 Billion in 2022, forecast to grow at a CAGR of 8% to be valued at US$ 10.83 Billion from 2022 to 2032.

Future Market Insights (FMI) has published a new market research report on social employee recognition systems. The report has been titled, Global Real-time PCR (Polymerase Chain Reaction) Systems Market: Global Industry Analysis, Forecast. Long-term contracts with large enterprises and private companies are likely to aid the expansion of business revenues, and innovation in the industry will enable social employee recognition system vendors to reach out to new potential customers in emerging markets. These factors are expected to help the global market for social employee recognition systems observe stellar growth in next few years.

The analysts at Future Market Insights have leveraged lengthy rounds of critical and detailed secondary analysis to arrive at different figures and predictions of the Real-time PCR (Polymerase Chain Reaction) Systems market, both nationally and globally. To merge realities, estimates, and demand details into income evaluations and forecasts in the Real-time PCR (Polymerase Chain Reaction) Systems Market, researchers have used numerous unmistakable business intelligence instruments throughout the industry.

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Key Players
Global Real-time PCR (Polymerase Chain Reaction) Systems Market key vendors include:
• Thermo Fisher Scientific
• Agilent Technologies
• Abbot Laboratories
• Danaher Corporation
• Bio-Rad Laboratories Inc.
Segmentation
The Real-time PCR (Polymerase Chain Reaction) Systems market is segmented into application, form, end use industry, source and geography.
Segmentation of Real-time PCR Systems Market on the Basis of Product Type:
• Instruments
• Consumables and Reagents
Segmentation of Real-time PCR Systems Market on the Basis of Application:
• Blood and Oncology Testing
• Pathogen testing
• Research & Development
• Forensic Science
Segmentation of Real-time PCR Systems Market on the Basis of End User:
• Clinical Research Organizations
• Research Laboratories
• Educational Institutes
• Diagnostic Centres
• Hospitals
• Others
Regional Segments Analyzed Include
• North America (U.S., Canada)
• Latin America (Mexico. Brazil)
• Western Europe (Germany, Italy, France, U.K, Spain)
• Eastern Europe (Poland, Russia)
• Asia Pacific (China, India, ASEAN, Australia & New Zealand)
• Japan
• Middle East and Africa (GCC, S. Africa, N. Africa)

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Full in-depth analysis of the parent market

To produce results, the analysts at FMI follow industry-wide, quantitive customer analysis instruments and demand prediction methodologies. The report offers not only forecasts and forecasts, but also a straightforward view of the market implications of these statistics.
The study was curated after analyzing and reviewing numerous techniques that define regional growth, such as the economical, ecological, social, mechanical, and political status of the demography in question. The data on sales, output, and producers in each region has been analyzed by analysts. The research covers an in-depth study of key developments in the recent past and the immediate future of business dynamics.
Segmentation details of the market

• Former, on-going, and projected market analysis in terms of volume and value
• Assessment of niche industry developments
• Market share analysis
• Key strategies of major players
• Emerging segments and regional markets

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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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Mobile Healthcare Devices Market Revenue, Technology, Segment by Type, Application, Key Companies | FMI

With the increasing penetration of smartphones and proliferation of tablets and other mobile platforms, the market for mobile applications (apps) is witnessing rapid growth in recent years. Mobile healthcare applications are increasingly being used by patients and consumers.

As per researchers and medical device experts, using mobile healthcare apps is not the technology itself, but making it part of a well-designed, well synchronized, coordinated-health care process. Mobile healthcare devices monitor consumers mainly for smoking, weight (loss/gain), healthy diet, regular exercise, physical activity, blood glucose, heart rate, blood pressure, cholesterol levels and body temperature.

Mobile Healthcare Devices Market: Drivers and Restraints

Mobile healthcare devices market has boosted the demand for user-friendly and self-monitoring devices in recent years, increasing prevalence of conditions such as heart problems, diabetes, hypertension, and respiratory disease and associated morbidity and mortality rates.

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Healthcare applications based on nutrition, lifestyle, personal healthcare record (PHR), well-being and personal guidance systems provide health information and medication reminders via a single text or through online medicines. Mobile healthcare devices have created a positive impact on healthcare devices which include blood pressure & cardiac monitors, ECG monitors, multiparameter trackers, glucose trackers, neurological monitoring devices, pulse oximeters, sleep apnea devices to name a few.

Mobile healthcare devices aid in minimizing costs by avoiding unnecessary hospitalizations. Penetration of 3G and 4G mobile networks provide healthcare services which is expected to drive the growth of the global mobile healthcare devices market. Misuse of data, uncertainty by the government regulations, low guidance from physicians in selection of healthcare apps and technology infancy concerns could restrain market growth during the forecast period.

Mobile Healthcare Devices Market : Regional Outlook

Geographically, the mobile healthcare devices marketis segmented into seven regions, namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and the Middle East and Africa (MEA). North America has a major share in terms of value and volume owing to large number of manufacturers and growing awareness about the upcoming devices.

Majority of U.S. consumers have concluded that mobile healthcare devices are helping them to improve the quality of their lives by monitoring their daily activities. APEJ and Latin American are anticipated to present immense growth opportunities for market players during the forecast period. In APEJ, electronics and medical device industries with their improved efficiency of the healthcare delivery system as well as healthcare workforce are expected to drive growth in the region through 2026. Mobile healthcare device market is largely driven by the vital signs monitoring devices and In Vitro Diagnostics (IVDs).

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Mobile Healthcare Devices Market: Key Players

The key players in the global mobile healthcare devices marketare:

  • Medtronic, Inc.
  • AirStrip Technologies, Inc.
  • AliveCor, Inc.
  • LifeWatch AG
  • Koninklijke Philips N.V.
  • BioTelemetry Inc.
  • AgaMatrix, Inc.
  • iHealth Lab, Inc.
  • Cisco, Inc.
  • Mobisante, Inc.
  • Nike Inc.
  • Omron Corporation

Globally, the manufacturers of mobile healthcare devices are implementing strategies such as merger and acquisitions while launching novel technology advancements by using unique medical sensors and mobile applications (apps).

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

  • North America (U.S., Canada)
  • Latin America (Brazil, Mexico, Argentina, Chile & Rest of Latin America)
  • Western Europe (Italy, France, U.K, Spain, Germany, BENELUX, Nordic countries, Rest Of Western Europe)
  • Eastern Europe (Poland, Russia, Rest Of Eastern Europe)
  • Asia Pacific excluding Japan (China, India, ASEAN countries, Australia & New Zealand, Rest Of APEJ)
  • Japan
  • Middle East and Africa (GCC countries, S. Africa, 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.

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Mobile Healthcare Devices Market: Segmentation

Mobile Healthcare Devices Market: By Product Type

  • Blood Pressure Monitor
  • Blood Glucose Meter
  • Pulse Oximeter
  • Cardiac Monitor
  • Neurological Monitor
  • Heart Rate Meter
  • ECG Monitor
  • Peak Flow Meter
  • Sleep Apnea Meter
  • Multiparameter Tracker & Others
  • Fitbit Or Smart Watches

Mobile Healthcare Devices Market: By Application

  • Chronic Care Management
  • Mental Health & Behavioral Disorders Management
  • Blood Pressure Monitoring
  • Diabetes Management
  • Cancer Management
  • General Health
  • Fitness
  • Women’s Health
  • Nutrition
  • Medical Management
  • Others

Mobile Healthcare Devices Market: By End Users

  • Home Healthcare
  • Clinics
  • Hospitals
  • Diagnostic Laboratories
  • Academic & Research Institutions

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Transit Ticketing Market Size, Share & Growth | Report to 2032

The market for transit tickets reached a value of US$ 10 billion in 2022 and is projected to reach US$ 40.46 billion in 2032, growing at a CAGR of 15% over the forecast period of 2022-2032. The market is expanding as a result of how simple it is to purchase or reserve tickets quickly and how cost-effective the service is.

The report features insights on the current growth dynamics and the major revenue reforms prevailing in the market as of 2020 along with the key takeaways over the forecast period 2022 to 2028.

Ticketing is a pain point across the people who travel daily or frequently. The purchasing process has been stressful and issues of affordability has been prevalent for the lower-income riders. The presence of high speed systems like smart cards and use of smart phones in the transit ticketing has taken this market to new high.

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The people now want to buy these prepaid or easy-to-use options because of the simple process and most importantly for saving time and energy rather than standing in queues.

The transit ticketing solutions are seeing more developments in the system category like for palm-scan fast-track lanes at airports, and such other devices are slowly being commercialized in the transit ticketing market.

Transit Ticketing Market: Market Participants

Examples of some of the market participants in the global transit ticketing market identified across the value chain include Rambus Incorporated, Infineon Technologies AG, AEP Ticketing Solutions, Accenture Plc, Gemalto NV, NXP Semiconductors, HID, CPI Card Group Inc., Cubic Corp., Xerox Corp., and others of transit ticketing market.

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Transit Ticketing Market: Segmentation

The Transit Ticketing market can be segmented on the basis of product, system, application, and region.

On the basis of component, the transit ticketing market can be segmented into:

  • Ticket Machine
  • E-Ticket
  • E-Kiosk
  • E-Toll

On the basis of system, the transit ticketing market can be segmented into:

  • Smart Card
  • Smart Phone

 On the basis of application, the transit ticketing market can be segmented into:

  • Railways & Metros
  • Buses
  • Personal Vehicles
  • Airlines
  • Ships

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

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Growth of Radiation Tester Market is Likely to Reach a Valuation of US$ 1.9 Bn in 2022

The global radiation tester market size was valued at US$ 1.7 Bn in 2021 and is likely to reach a valuation of US$ 1.9 Bn in 2022. Furthermore, with rising adoption of radiation testers in medical research, nuclear power plants, manufacturing, oil & resource explorations, and defence, the overall sales of radiation testers are projected to rise at a steady CAGR of 5.1% between 2022 and 2032, totaling around US$ 3.1 Bn by the end of 2032.

The increasing usage of radioactive elements in various areas such as medical research, industrial processing, and power production is the major factor driving the growth of radiation tester market. A radiation tester is a crucial equipment which caters to the need for the detection of radioactive radiations.

Adoption of radiation tester is increasing continuously due to the increasing level of radiations causing harm to the human health. Growing prevalence of chronic diseases such as cancer and increasing awareness in the radiation-prone environments are creating potential growth opportunities for radiation tester market.

Growing Demand of Radiation Tester for Homeland Security and National Defense

In past few years, the innovation in radiation detection technologies and growing usage of radiation testers in national defence and homeland security applications is propelling the growth of radiation tester market. Moreover, the growing number of nuclear power plants and development of next-generation radiation detection materials are creating potential growth opportunities for radiation tester market.

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In addition, the rising threat of nuclear disasters is driving the need for radiation detection and monitoring devices which further drives the growth of radiation tester market. Furthermore, usage of nuclear weapons by defence sector has strengthened the need for reliable equipment that offers protection from radioactive radiations.

Growing Prevalence of Chronic Diseases Creating More Demand

The increasing prevalence of various diseases such as cancer is generating the huge demand for radiation testers. Also, the surge in demand for radiation detection and monitoring equipment in healthcare facilities is driving the growth of radiation tester market.

The rising use of radiation based equipment in the treatment and diagnosis various health problems is creating potential growth opportunities for radiation tester market.

Stringent Government Regulations and Growing Safety Concerns

Government and Federal authorities are playing a crucial role in the growing demand for radiation testers.

Growing need for safety standards in radiation and rising government focus on the standards and regulations are expected to drive the demand of radiation tester. For instance, American National Standards Institute has set the testing and evaluation protocol for mobile and transportable radiation monitors used for homeland security.

This standard also includes specifications for various test categories such as radiological, electrostatic discharge, temperature & humidity, and electrical & electromagnetic. Apart from this, the growing concern regarding the safety of the workforces in the radioactive industries is also supporting the rapid adoption of radiation tester market.

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Key Players

Prominent players in the global radiation tester market are Thermo Fisher Scientific, Inc., Bar-Ray Products, Inc., Amtek, Inc., Mirion Technologies, Inc., Landauer Inc., Ludlum Measurements, Inc., Radiation Detection Company, Inc., Arrow-Tech, Inc., RAE Systems, Atomtex SPE, and Canberra Industries, Inc.

Radiation Tester Market: Regional Overview

On the basis of geography, North America is expected to capture the significant market share in terms of revenue in the radiation tester market, due to the establishment of favourable regulatory framework and the presence of various key radiation tester providers in the region.

Asia Pacific is expected to witness high growth rates in terms of value in radiation tester market owing to the growing adoption of radiation testers in various countries around the region to cater the growing nuclear threats and rising concern of government regarding national security.

Furthermore, the radiation tester market in Europe is expected to capture substantial market share in radiation tester market due to the rapid adoption of radiation tester in healthcare sector and increasing investments in research & development sector.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment.

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The report covers exhaustive analysis on

  • Radiation Tester Market Segments
  • Radiation Tester Market Dynamics
  • Radiation Tester Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges in Radiation Tester Market
  • Competition & Companies Involved in Radiation Tester Market
  • Technology
  • Radiation Tester  Market Value Chain
  • Radiation Tester Market Drivers and Restraints

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Argentina, Peru, Chile, Rest of LATAM)
  • Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX, Eastern Europe, Rest of Europe)
  • CIS & Russia
  • Japan
  • Asia Pacific Excluding Japan ( Greater China, India, South Korea, ASEAN Countries, Rest of APEJ)
  • Middle East and Africa (GCC Countries, Turkey, Iran, Israel, S. Africa, Rest of MEA)

Radiation Tester Market: Segmentation

Segmentation of Radiation Tester Market on the Basis of Product Type:

  • Dosimeters
  • Area Process Monitors
  • Radioactive Material Monitors
  • Environment Radiation Monitors
  • Others

Segmentation of Radiation Tester Market on the Basis of End Use:

  • Medical Research
  • Defence & Homeland Security
  • Nuclear Power Plants
  • Manufacturing
  • Oil & Resource Exploration
  • Others

About FMI:

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

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E-scooter Sharing Market Statistics, Trends and Forecast Report to 2032

The global E-scooter sharing market was valued at US$ 1.1 Bn in 2022 and is expected to reach US$ 5.7 Bn by 2032 finds Future Market Insights (FMI) in a recent market survey. E-scooter sharing market likely to surge at a vigorous 17.9% CAGR during the forecast period of 2022 – 2032. In free-floating sharing commuters can pick and drop off the E-scooters from the place sanctioned by civic authorities. Hence, they can find free-floating sharing services convenient for short transit routes.

Kick Scooter Has an Upper Hand over Smart Scooters in E-scooter Sharing 

Kick scooters are more opted for by users over smart scooters in E-scooter sharing. Kick scooters are generally easy to use as compared to smart scooters, which makes the commuters choose kick scooters over smart scooters for E-scooter sharing.

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US to Dominate E-scooter Sharing Market throughout the Analysis Period 

US generated the highest revenue in the E- scooter-sharing market in 2021. While two of the top E-scooter sharing providers are based in the US, it holds a market share of US$ 340.9 Mn in 2021. Due to the high usage of E-scooter sharing, the market in US is expected to account for US$ 1.9 Bn in revenue by 2032.

E-scooter sharing Market: Competition Insights 

At present, E-scooter sharing manufactures are largely aiming at raising funds and gaining more customers. The key companies operating in the E-scooter sharing market are Neutron Holdings, Inc. (Lime) Cityscoot, Cooltra Motosharing, S.L.U, Bird Global Inc., Vogo Automotive Pvt. Ltd., TIER Mobility AG, Voi Technology AB, Wind Mobility,  Beam Mobility Holdings Pte. Ltd.

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Some of the recent developments by key providers E-scooter sharing are as follows: 

  • In May 2022, San Francisco Municipal Transformation Agency (SFMTA) tested scooter sidewalk riding detection technology involving three companies Lime, Spin and Scoot. The key objective of this testing is to maintain safe sidewalks across the city. Sidewalk riding detection technology automatically detect sidewalk riding and automatically reduce the speed to a safer level.
  • In April 2022, Bird announced it will provide it E-shared scooter service in Indio California, Home of Coachella and Stagecoach festivals.
  • In March 2022, Chalo, an India based mobility startup acquired Vogo Automotive Pvt.Ltd. Chalo’s plan is to boost its bus ridership by providing it users to solve the last and first mile concerns.
  • In March 2022, Ford announced that it will be selling its E-scooter business Spin to Tier a German e-scooter company which helped Tier to set is operations in North America.
  • In November 2021, Lime announced that it has raised a funding of US$ 523 Mn and declared that it will list as public in 2022.
  • In November 2021, Tier, a berlin-based E-scooter operator acquired Nextbike a German based bike-sharing platform to become Europe’s largest and diverse micro mobility provider.
  • In November 2021, Bird joined with Switchback II Corp and began trading on the New York Stock Exchange (NYSE) under the name BRDS.
  • In May 2021, Bird and Zig Zag joined to build a local multi-model mobility service in Italy.
  • In January 2021, Vogo Automotive Pvt. Ltd. launched ‘VOGO Keep’ platform which allows people to keep the vehicle for a minimum of 12 hours and maximum of 60 days.
  • In November 2019, California based E-scooter company OjO Electric Corp announced they are planning to acquire Gotcha, a scooter bike rental service.
  • In January 2019, South American E-scooter service, Yellow merged with Mexican E-scooter service Grin to form the Grow mobility. After their merger Grow mobility became the largest E-scooter sharing provider in South America.

Similarly, recent developments related to companies manufacturing E-scooter sharing have been tracked by the team at Future Market Insights, which is available in the full report.

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More Insights Available 

Future Market Insights, in its new offering, presents an unbiased analysis of the E-Scooter Sharing Market, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032.

Key Segments Covered in E-scooter sharing Industry Survey

E-scooter sharing market by Type:

  • Free-floating
  • Station bound

E-scooter sharing market by Scooter Type:

  • Kick Scooter
  • Smart Scooter

E-scooter sharing market by Region:

  • North America E-scooter sharing market
  • Latin America E-scooter sharing market
  • Europe E-scooter sharing market
  • Asia Pacific E-scooter sharing market
  • Middle East & Africa E-scooter sharing market

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.

Contact Us:
Future Market Insights,
Unit No: 1602-006,
Jumeirah Bay 2,
Plot No: JLT-PH2-X2A,
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Dubai,
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For Sales Enquiriessales@futuremarketinsights.com
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Pelvic Floor Diagnostics Market Size, Strategies and Opportunities Forecast 2031

According to a recent report by Future Market Insights, the demand for pelvic floor diagnostics market size is expected to rise at a significant pace 6.2% CAGR through the end of the assessment period in 2031

The pelvic floor diagnostics market will witness strong demand owing to the prevalence of associated ailments especially in pregnant women, and increasing awareness levels towards pelvic floor diagnostic testing. The rise in adoption of advanced imaging systems is resulting in superior patient outcomes.

Developed economies such as the U.S. show an increasing trend of adoption of advanced diagnostic devices. Favorable reimbursement scenarios boost market growth. The healthcare and diagnostic infrastructure in the U.S. has advanced at an elevated rate due to increasing research and development activities pertaining to healthcare.

Rising healthcare expenditure, along with growing government support by funding’s and faster approvals has led to the establishment of pelvic floor diagnostic laboratories and a larger number of professionals.

Rising number of grants by private and government players for pelvic floor diagnostics Opportunities has increased the focus on innovative research solutions for the development of advanced testing systems.

Healthcare standards with advanced diagnostic procedures have gained ground during the last two decades and with the rise in income and the increased investments in research. The pelvic floor diagnostics market has experienced a substantial shift in the adoption of molecular diagnostic devices.

 Key Takeaways from Pelvic Floor Diagnostics Market Study

  • Ultrasound systems are expected to reach a revenue share of 37.1% in 2021 with a growing CAGR of 5.7% during forecast period.
  • Hospitals will drive sales accounting for over 60% value share through 2031, owing to higher spending capacity.
  • Mexico will reflect a 6.1% CAGR through 2031, supported by growing access to superior medical facilities.
  • U.K. and France are leading markets in Europe, accounting for over 20% and over 18% of the Europe market respectively in 2021.
  • The U.S. is the largest and fastest growing market in North America, exhibiting 5.7% CAGR through the forecast period.

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The growing global geriatric population is prone to pelvic floor disorders. Consequently, advancements diagnostics including imaging and ultrasound systems, coupled with investments in research and academic bodies are set to boost the growth of pelvic floor diagnostics market over the coming decade,” says a Future Market Insights analyst.

Investments in Tech Development to Offer Growth Opportunities

The pelvic floor diagnostics market has emerged as a lucrative area of research in terms of pelvic dysfunction. The development of imaging technology is gaining traction with the rising demand of high-resolution images.

The demand is fueled by increasing awareness among the growing population about the diagnostic options available. Ultrasound systems offer reliable high-resolution imaging. The evolution in the processes involving detection, diagnosis, and treatment of associated diseases is anticipated to cause a demand surge in the pelvic floor diagnostics market.

Who is winning?

Key players in the pelvic floor diagnostics market are focusing on tapping market potential through strategic mergers and acquisitions. This is driven by efficiency in innovative and specialized product portfolios. The market is also set to expand due to increasing activities in research and development to diagnose pelvic floor disorders.

Some of the leading players in the pelvic floor diagnostics market include but are not limited to Laborie, Inc., Cooper Surgical Inc., Medtronic Plc., SRS Medical, Stryker’s, MEDSPIRA, MEDKONSULT medical technology s.r.o., EndoMed Systems, Richard Wolf, Schölly Fiberoptic, Zhuhai Seesheen Medical Technology, KARL STORZ, Cadwell, The Prometheus Group, Neurosoft, Noraxon USA.

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Segments:

By Product:

  • Urodynamics Systems
  • Uroflowmetry Devices
  • Anal Manometry Systems
  • Cystoscopes
  • Ultrasound Systems
    • Cart/Trolley Based
    • Portable Bladder Ultrasound Systems
  • EMG

By End User:

  • Hospitals
  • Diagnostic Imaging Centers
  • Specialty Clinics

By Region:

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

Table of Content

  1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Analysis and Recommendations

  1. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

2.3. Inclusions and Exclusions

  1. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Development Trends

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ABOUT FUTURE MARKET INSIGHTS, INC.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

Now avail flexible Research Subscriptions, and access Research multi-format through downloadable databooks, infographics, charts, interactive playbook for data visualization and full reports through MarketNgage, the market intelligence engine from Future Market Insights. Sign Up for a 7 day free trial!

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T: +1-845-579-5705

Enquiries: sales@futuremarketinsights.com

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Femtech Market Analysis by Type, Application, Growth, Demand, Status, and Forecast 2031

According to a recent Future Market Insights (FMI) report, the global femtech market analysis is estimated to hit a valuation of US$ 948.1 Mn in 2021, with a market CAGR of 15.0% during the forecast period (2021-2031). Femtech is a term used for female technology which involves the use of digital health tools including software, diagnostics, products, and services that are targeted at women’s health.

Market demand is set to rise at a steady pace throughout the forecast period, majorly favored by investments outside the boundaries of healthcare towards a branched approach involving domains such as workplace regulations, financial equity, and state legislation.

The primary factor supporting the femtech market growth to positive expansion in terms of growth and stability is the advent of digitalization and artificial intelligence. Technological advancements such as cloud-based informatics allow personalized solutions, driven by consumer input. This has given rise to affordable and accessible analysis in terms of personal health monitoring and diagnosis.

Key market players have pushed for innovation and accessibility into customized digital solutions. This also includes the introduction of hands-free wearables which are assistive with the regular, day-to-day life of women across the globe.

Additionally, leading product developers in the femtech market work through commercial partners such as department stores, big-box retailers, hospitals, clinics, insurance companies, pharmacies and drugstores, private medical practices and e-commerce platforms to expand product sales prospects.

“The advent of technological improvements in healthcare in the form of devices, applications, services, and products has increased the rate of diagnosis of reproductive disorders in terms of time management and treatments for women. This will aid growth through the upcoming decade,” says the FMI Analyst

Key Takeaways from Femtech Market Study

  • Menstrual health applications will drive market growth holding around a third of the market, supported by growing purchases from the working women demographic.
  • Diagnostic services are projected to cover about 45% of the global market by 2031. This is aided by the growing accessibility of digital health services
  • The U.S. holds a dominant share, valuing at over US$ 357.1 Mn by the end of 2021, supported by the presence of leading players and higher consumer acceptance.
  • The U.K. and Germany dominate the Europe market, cumulatively accounting for more than 25% of the regional revenue.
  • China is a leading market in East Asia, and is forecast to account for more than 50% of the regional value share owing to a vast consumer base.

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Who is Winning?

Some of the leading companies operating in the femtech market are focusing on collaborations with leading institutions for increasing awareness among the population about the adoption of digital health services.

Collaborations with key pharmaceutical companies to launch customized products and services for the growing consumer base has led key players to retain their position in the market while expanding their product portfolio.

  • Research collaboration in monitoring fetal heart rates through wearable ECG chips by between Bloomlife and Imec in 2019 has expectantly given rise to superior monitoring capabilities in maternity care.
  • Femtech companies have integrated applications for tracking fertility and offer services such as in-vitro fertilization. Additionally, they also offer medical treatments and products such as wearables and hands-free devices.

Femtech by Category

By Service

  • Diagnostics
  • Monitoring
  • Therapeutic

By Application

  • General Health and Wellness
  • Maternity Care
  • Menstrual Health
  • Pelvic and Uterine Healthcare
  • Cancer and Chronic Disease

By End User

  • Direct-to-consumer
  • Hospitals
  • Surgical Centers
  • Fertility Clinics
  • Diagnostics Centers

By Region

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • The Middle East and Africa (MEA)

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Table of Content

  1. Executive Summary

1.1. Global Market Outlook

1.2. Global Femtech Needs Overview

1.3. Market Evolution

1.4. Analysis and Recommendations

  1. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

2.3. Inclusion and Exclusions

  1. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Method Innovation / Development Trends

  1. Market Background

4.1. Macro-Economic Factors

4.1.1. Global GDP Growth Outlook

4.1.2. Per Capita Healthcare Expenditure Outlook

4.1.3. Global Healthcare Industry Market Outlook

4.2. Forecast Factors – Relevance & Impact

4.2.1. Historic Growth of Key Manufacturers

4.2.2. Adoption of Femtech

4.2.3. Increasing Prevalence of Infectious Disease

4.2.4. Increasing Personalization Services

4.2.5. Rise in Preventive Medicine and Holistic Health

4.2.6. Regulatory Factors

4.2.7. Growing Awareness for Maternity Care

4.2.8. Large Market Opportunity

4.2.9. Reimbursement Policies

4.2.10. Increasing Funding

4.3. Market Dynamics

4.3.1. Drivers

4.3.2. Restraints

4.3.3. Opportunity Analysis

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ABOUT FUTURE MARKET INSIGHTS, INC.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

Now avail flexible Research Subscriptions, and access Research multi-format through downloadable databooks, infographics, charts, interactive playbook for data visualization and full reports through MarketNgage, the market intelligence engine from Future Market Insights. Sign Up for a 7 day free trial!

Contact:

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Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

Enquiries: sales@futuremarketinsights.com

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Surface Disinfectants Market Trends, Demand, Growth, Revenue Analysis Report to 2031

The Surface disinfectants Market Trends have grown from 2.3% in 2016 to 7.0% in 2020. FMI expects global surface disinfectants demand to grow at 8.8% CAGR through 2020. Disinfectants are chemical substances that are applied to non-living objects and surfaces of the floor to destroy microorganisms. The essential use of disinfectants is part of a strategy to prevent infectious diseases. Here surfaces are considered noncritical items and they contact intact skin. The use of noncritical items or contact with noncritical surfaces carries little risk of causing an infection in humans. Surface should be clean in hospital, clinics and Ambulatory surgical centers because there is higher possibility to spread the infection among patients and staff.

Clean the surfaces with disinfectant is the first and foremost step to prevent the infection in the hospital. Medical device surfaces such as hemodialysis machines, gloves, stethoscopes, blood pressure cuffs, CT scan, MRI scanners and X-ray machines can become contaminated with infectious agents and contribute to the spread of Infectious diseases while examining the patient health. To prevent this, noncritical medical equipment surfaces should be disinfected with an Environmental Protection Agency (EPA) -registered low- or intermediate-level disinfectant. Examples of some of clinical contact surfaces include light handles, switches, reusable containers of dental materials, countertops, and telephone handles.

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Surface Disinfectant Market: Drivers and Restraints

Surface disinfectant place a major role in preventing infection. The main driver of Surface disinfectant is its use. Increasing the prevalence rate of infectious disease globally drives the surface disinfectant market. Developed countries and developing countries are plays a major role in surface disinfectant market. Guidance from International organizations such as World Health Organization (WHO), International Federation of Infection Control (IFIC), and Center for Disease Control and Prevention (CDCP) to prevent infectious diseases also drives the market. Great awareness about the use of surface disinfectants also one of the driver for this market.

However, while using disinfectants we need to take precautions and we need to use the disinfectant which is approved by government organization such as Environmental Protection Agency (EPA).

Surface Disinfectant Market: Overview

With good awareness about healthcare among people and guidance from international organizations about the use of surface disinfectant, the use of Surface Disinfectant will increase and the market is expected to have a healthy growth in the forecast period (2016-2026)

Surface Disinfectant Market: Region- wise Outlook

Depending on geographic regions, the global Surface Disinfectant market is segmented into seven key regions: North America, South America, Eastern Europe, Western Europe, Asia Pacific excluding Japan, Japan and Middle East & Africa.

The use of Surface Disinfectant is high in North America because it is highly developed region, having good healthcare setup and people are having good awareness about health care. In Asia pacific region china and India also having rapid growth in health care set up. Europe also having good growth in this market.

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Surface Disinfectants Market by Category

By Product Type:

  • High-level Disinfectants
    • Glutaraldehyde
    • Formaldehyde
    • Ortho-phthalaldehyde (OPA)
    • Hydrogen Peroxide
    • Peracetic Acid
    • Chlorine Dioxide
    • Alcohol +QAC
    • Others
  • Low Level Disinfectants
    • Phenols
    • Quaternary Ammonium Compounds (QACS)
    • Hydrogen peroxide + peracetic acid
    • Bleach
    • Others
  • Intermediate Level Disinfectants
    • Iodophors
    • Sodium Hypochlorite
    • Others

By Form:

  • Liquid Surface Disinfectants
  • Gel & Lotions Surface Disinfectants
  • Wipes Surface Disinfectants
  • Spray & Foams Surface Disinfectants

By End User:

  • Hospitals
  • Dental Dental Clinics
  • Ambulatory Surgical Centers
  • Diagnostic Laboratories
  • Reference Laboratories
  • Rehabilitation Centers
  • Long Term Care Centers
  • Critical Care Centers
  • Pharmaceutical & Biotechnology Companies
  • Academics and Research Institutes

By Region:

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

ABOUT FUTURE MARKET INSIGHTS, INC.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

Now avail flexible Research Subscriptions, and access Research multi-format through downloadable databooks, infographics, charts, interactive playbook for data visualization and full reports through MarketNgage, the market intelligence engine from Future Market Insights. Sign Up for a 7 day free trial!

Contact:

Future Market Insights, Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

Enquiries: sales@futuremarketinsights.com

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