Market Research Blog – Page 10667 – New Product Development

Radio Frequency Integrated Circuit (RFIC) Market – Key Players & Growth Strategies Adopted by Them

By the end of 2031, the global market for radio frequency integrated circuits (RFIC) is projected to be worth US$ 45 billion, growing at an estimated 8% CAGR from 2021 to 2031.

With the rising need for optical, wireless, and other high frequency consumer electronics devices during the past ten years, there has been a growth in the need for RFIC products.

In the frequency range of 900 MHz to 2.4 GHz, radio frequency integrated circuits are offered. Due to their capacity to function as application-specific integrated circuits (ASICs) and be configured for a variety of applications, RFICs are rapidly gaining favour in technological applications (ASICs).

Several semiconductor manufacturers are drawn to the infrastructure expansion occurring in both emerging and developed economies’ telecommunications sectors. A contemporary development in the telecom sector is the rollout of 5G and next-generation LTE networks. The launch of 5G networks by telecom providers was anticipated for 2018. It has been noted that semiconductor producers have started updating their product lines for infrastructure capable of supporting 5G.

Samsung Electronics Co., Ltd. has introduced 5G-capable RFICs in an effort to meet demand from the telecom sector. According to FMI study, RFIC makers have a lot of potential thanks to 5G-capable processors. As a result, RFIC producers can improve their product line and invest in the 5G market.

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Key Takeaways: Radio Frequency Integrated Circuit Market

Demand for RF amplifiers IC is estimated to surge. However, the RF switch IC segment is estimated to continue to hold a significant market share through 2031.
The market for consumer electronics segment is expected to account for dominant share of 29% by 2031. Rising demand for consumer electronic products and the emergence of next-generation wireless devices are among major factors driving growth in the segment.
While China is expected to remain dominant in East Asia, the demand in South Korea and Japan will rise at a higher pace.
The market for radio frequency integrated circuit in GCC countries and the U.K. is expected to surge remarkably, exhibiting growth at around 13% and 8% CAGR, respectively.
Radio frequency integrated circuit demand in Canada is anticipated to witness strong growth at over 7% CAGR between 2021 and 2031.
The Mexico market for radio frequency integrated circuit is projected to grow at a remarkable CAGR of over 9% through 2031.

COVID-19 Impact Analysis on Radio Frequency Integrated Circuit Market

Public corporations faced challenges from a rapid drop in consumer demand, a continuing halt or reduction in onsite activity, and problems with the global supply chain while still prioritising employee safety and business continuity.

Manufacturers were forced to embrace technologies that would enable remote production capabilities without the need for investment in huge areas due to disruptions encountered by the supply chain around the world. As a result, market growth slowed down in 2020, but it is predicted to pick up again by the second half of 2021.

So, from 2019 to 2021, the radio frequency integrated circuit market is anticipated to increase by 4% to 5% YoY.

Advanced Packaging Technologies for RFIC

Competitive challenges in the present wireless market are pushing RF integrated circuit device electrical performance to new heights. At the same time, additional resources are being concentrated on finding solutions due to the packaging requirements for these RFICs.

As a result, a variety of wireless telecommunications applications require low cost, thermally efficient, miniaturised devices, which high frequency packaging is now called upon to deliver.

A variety of technologies are used in RFIC packaging, with some showing promise for future advancements. Multiple chip modules (MCM) in various forms, leadless array packaging, and thermally enhanced packaging in ceramic and laminate substrate materials are examples of advanced package technologies. For the worldwide RFIC market, these packaging tools have been opening up profitable new growth opportunities.

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Who is Winning?

Some of the leading companies operating in the market are Infineon Technologies AG, Analog Devices, Inc., Texas Instruments, NXP Semiconductors, STMicroelectronics, Microchip Technology Inc., among others. In order to gain competitive advantage, some of the leading market players are focusing on business expansion to maintain their global presence.

For instance, in May 2020, Murata started Kanazawa Murata Manufacturing Sendai Plant and established a new group company with the name of Sendai Murata Manufacturing Co., Ltd. The company aims to enhance the high-frequency electronic component business and ties to the local community as a production subsidiary of the Murata Manufacturing Group.

Radio Frequency Integrated Circuit Market by Category

By Product

RF Transceivers IC
RF Amplifiers IC
RF Modulators/Demodulators IC
RF Mixers/Multipliers IC
RF Switch IC
Others

By Application

Consumer Electronics
Telecommunication
Automotive
Media & Broadcasting
Medical Devices
Industrial Electronics
Others

By Region

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

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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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Digital Out-of-Home Market – Dominance of the Leading Companies Over the Global Industry

By the conclusion of the forecast period, SEA and Others of APAC, Western Europe, and North America will account for major market value shares, with the worldwide digital-out-of-home market projected to grow at a CAGR of 11.0% between 2018 and 2028.

In its study titled “Digital-Out-of-Home market: Worldwide Industry Analysis 2013 – 2017 and Opportunity Assessment 2018 – 2028,” FMI provides important information on the global digital-out-of-home market. The global digital out-of-home market is anticipated to grow consistently at a CAGR of 11.0% in terms of value during the projected period of 2018–2028, therefore market value growth will continue to be appealing. The Digital Billboards & Signages (DBB) segment is anticipated to experience strong growth during the projection period based on the platform. The worldwide digital-out-of-home market’s retail segment is anticipated to acquire market share penetration throughout the course of the projected period based on industry.

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By the end of 2017, the digital out-of-home industry’s annual revenue was estimated to be worth US$ 3,905.3 Mn. This market is anticipated to develop steadily over the coming years. The three dominant regions—North America, SEA & Others of APAC, and Western Europe—are anticipated to hold the lion’s share of the global market for digital out-of-home advertising. Over the course of the prediction, these areas are projected to dominate the worldwide digital out-of-home market.

Due to the introduction of cutting-edge digital technology, the landscape of digital media is undergoing significant changes. A number of media owners have entered the digital out-of-home market in recent years with the aim of providing cross-network advertisement delivery reports in centralised web dashboards that are comparable to the features of ad servers in the online sector. The adoption of interactive technologies that allow advertisers to acquire customer insights using location information from mobile devices has improved the measurement of digital out-of-home media.

According to FMI analysis, the introduction of location-based advertising at various venues and the rise in smartphone adoption will cause Digital Place-Based Networks (DPN) in the platform segment to rule the digital out-of-home market. Due to the widespread use of digital billboards and place-based networks by brand marketers at malls, highway shoulders, bus shelters, airports, and other high dwell-time locations to create significant customer traffic, the retail sector will dominate the market on the basis of industry.

Key Segments Covered in Digital-Out-of-Home Market

Platform

Digital Billboard & Signage (DBB)
Digital Place-based Networks (DPN)

Industry

Retail
Corporate & Government
Healthcare
Hospitality
Transportation
Entertainment
BFSI
Education
Others

According to FMI analysis, long-term contracts with business partners help increase revenue and new innovation strategies enable digital-out-of-home vendors and media owners to reach new growth markets. Some of the market participants in the global digital-out-of-home market report include JCDecaux, Lamar Advertising Company, Clear Channel Outdoor, oOh!Media Ltd., Ströer SE & Co. KGaA, Outfront Media, Inc., APN Outdoor Group Ltd., Focus Media Co. Ltd., Exterion Media Group, BroadSign International LLC and Asiaray Media Group Ltd.

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Significant Contributions of the Report

Key Trends and Challenges: Detailed analysis on the ‘ins and outs’ of the market with qualitative research and quantitative insights
Recent Drivers and Opportunities: Detailed assessment on the key growth drivers, technological developments, and factors affecting the market over the forecast period.
Segmental Analysis: Extensive research on each segment and sub-segment, compiled by expert research analysts of FMI
Regional Market Forecast: Thorough analysis of each regional market to provide market players with real-time data and reliable statistic to gain a competitive edge in the industry
Competitive Landscape: Comprehensive analysis on prominent players and new entrants eyeing to improve their revenue prospects in the industry

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Audio Communication Monitoring Market – Business Opportunities and Global Forecast to 2028

Over the projection period of 2022 to 2028, the market for audio communication monitoring is expected to grow quickly at a CAGR of over 16.2% and reach US$ 5,294.2 Mn by 2028.

Audio Communication Monitoring Market Size (2022)	US$ 1.8 Bn
Sales Forecast for Audio Communication Monitoring Devices (2028)	US$ 4.5 Bn
Global Market Growth Rate (2022 to 2028)	16.2% CAGR
Share of Top 5 Audio Communication Monitoring System Providers	55%

Insights supplied by employees to clients and customers are revealed via audio communication monitoring, which analyses audio conversations, identifies patterns in interactions, and finds insights. This technology is employed to extract crucial business intelligence data and tie it to the company’s strategy in order to make strategic decisions. Solutions for audio communication monitoring often focus on the call recording function. The components of the audio communication monitoring market include the recording, processing, and analysis phases.

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Audio Communication Monitoring Market: Segmental Insights

The study is systematically divided into five main categories, including market analysis – by component, by industry, by enterprise type, by application, and by region, in order to comprehend and evaluate the demand and opportunities in this market.

The market is divided into solutions and services based on component. Additional divisions under the solutions category include quality analysis, audio loudness, metering and monitoring call recording, and others. The services section is further divided into professional services and maintenance and support services. Throughout the forecast period, the call recording solution category is anticipated to dominate the market, with market shares of 62.0% and 63.2% predicted for 2022 and 2028, respectively.

The market is divided into banking, financial services, and insurance, government, telecommunications and IT, media & entertainment, healthcare, and other sectors based on industry.

For the bulk of the projected period, the telecommunications and information technology segment is anticipated to dominate the market. Due to its strong CAGR, the government segment is anticipated to surpass the telecommunication & IT category in terms of market share in the second half of the projection period. It is anticipated that the government segment will increase from US$ 352.4 Mn in 2022 to US$ 1,577.4 Mn in 2028.

The market is divided into small and medium-sized businesses and large businesses according to the type of enterprise. During the majority of the forecast period, the small- and medium-sized business category is anticipated to dominate the market, with market shares of 50.4% and 51.2% in 2022 and 2028, respectively.

The market is divided into law enforcement agencies, corporate employee monitoring, broadcast monitoring, sales and internal communication monitoring, and others on the basis of application. In the projected period, the enterprise employee monitoring application segment is anticipated to dominate the market, with market shares of 37.6% and 37.9% predicted for 2022 and 2028, respectively.

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Audio Communication Monitoring Market: Vendor Insights

Cisco Systems, Inc., International Business Machines (IBM) Corporation, NICE Systems Ltd., Nexidia Inc., Nuance Communication, Inc., Tata Communications Ltd., Intelligent Voice, Nectar Services Corporation, Fonetic, and Ameyo are the major market participants profiled in this study on the global audio communication monitoring market.

In 2015, Intelligent Voice and Castel teamed to use Intelligent Voice’s GPU-powered software, which processes over 240000 monitored conversations daily on-premises, to provide speech analysis capabilities to contact centres.

In order to enable businesses and carriers to track call quality across core networks, the internet and intranet, as well as to call centre agents, Nectar Services teamed up with Plantronics in 2022 to develop an ear-to-ear (e2e) solution.

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Marine Electronics Market to receive overwhelming hike US$ 7.5 Bn in Revenues by 2029: Exclusive Report by FMI

The Marine Electronics Market is expected to develop at a CAGR of 5.3 percent from its estimated value of US$ 5.2 billion in 2022 to US$ 7.5 billion in 2029. Due to the effects of globalization and increased industrialization on the need for ships and boats, the marine electronics industry is expanding.

Marine Electronics Market Size (2022)	US$ 5.2 Bn
Sales Forecast (2029)	US$ 7.5 Bn
Global Market Growth Rate (2022 to 2029)	5.3% CAGR
Share of Top 5 Marine Electronic Device Suppliers	55%

Additionally, the usage of marine electronics equipment has increased along with worries about search and rescue, safety and security, and assistance with the monitoring and navigation of maritime traffic. Additionally, legislation mandating the installation of AIS in ships and boats is being passed by governments in many countries, which is fostering the expansion of the marine electronics industry.

The defence sector remains a significant source of income. Significant growth opportunities in the marine electronics market are being created by the expanding demand for marine electronics solutions in the defence sector.

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To increase coastal safety and security, the Coast Guard Office of Navigation Systems and the Coast Guard Research and Development Center are working to improve communication and navigation for continuous broadcast and autonomous systems. Additionally, the defence industry’s ongoing research and development for the improvement of maritime navigation and communication is one of the key factors fueling the growth of the marine electronics market.

In recent years, ocean carriage has gained enormous popularity in countries throughout Europe and Asia. Among the nations in these regions are Germany, France, France, China, Japan, and India.

Key Takeaways

North America is expected to lead the global marine electronics market due to the increasing demand for recreational boating and fishing.
The U.S. is a prominent player in the marine electronics market, with product offerings that cater to both commercial and recreational segments.
China is considered to be a major growth market for marine electronics, as it has the world’s largest fishing fleet and rising number of leisure boats.
Among different types of marine electronic devices, GPS navigation systems are expected to witness highest adoption rate in coming years.

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SEA&P Likely to Soon Outpace Europe

The merchant marine, fishing vessel, yachts/recreational, military naval, autonomous shipping, smart boat, and underwater drone segments make up the worldwide marine electronics market by application. Due to the growing use of underwater drones for a variety of underwater operations and inspection tasks, the underwater drones sub-segment is anticipated to have substantial growth during the projected period.

Additionally, Europe is anticipated to dominate the worldwide marine electronics market in terms of geography. However, due to the rising maritime activities and rising demand for cutting-edge ships and boats in the nations of this area, the SEA & Others of APAC region is predicted to surpass Europe to become the top region in the worldwide marine electronics market in the next years.

Impact of COVID-19

The COVID-19 epidemic had a significant impact on both sailors and the marine industry. The pandemic had a substantial impact on businesses that produced marine electronics, with logistics management posing the biggest obstacle.

Due to the rapid increase of AI processing power and improved technology, automated vehicles, which are on the approach of become mainstream, are offering the sector significant opportunities.

In the upcoming years, corporations should find it easier to reclaim market share thanks to new marine electronics with simple system integration.

Competitive Landscape

Companies that make marine electronics are constantly concentrating on supplying cutting-edge marine electronics products and solutions by utilising the most recent technologies to increase and enhance their product line.

The military industry’s ongoing R&D is driving fierce rivalry among vendors for technological breakthroughs in communication systems, which is helping the marine electronics market expand.

Navico, Furuno Electric, Garmin Ltd., FLIR Systems, Raytheon Company, Transas, Wärtsilä SAM Electronics, SRT Marine Systems, Icom Inc., Kongsberg Maritime, and Japan Radio are a few of the major companies profiled in the global marine electronics market research report. These marine electronics market players continuously concentrate on delivering cutting-edge marine electronics products and solutions by utilising the most recent technology developments to improve and increase their product range.

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Key Segments of Marine Electronics Industry Research

By Component:

Hardware
- GPS & Radar Systems
- Multi-function Navigation
- Fish Finders/SONAR Modules
- Thermal & Visible Cameras
- Marine Electrical Screeners
- Marine VHF Communication Devices
- Audio/Video Equipment
- Marine Autopilots
- Autonomous Identification Systems
- Analogue & Digital Communication Displays
- Satellite TVs
Software

By Application:

Merchant Marine Electronics
Fishing Vessel Electronics
Yacht/Recreation Boat Electronics
Military Naval Electronics
Autonomous Shipping Electronics
Smart Boat Electronics
Underwater Drone Electronics

By Region:

North America Marine Electronics Market
Latin America Marine Electronics Market
Europe Marine Electronics Market
East Asia Marine Electronics Market
South Asia & Pacific Marine Electronics Market
Middle East & Africa (MEA) Marine Electronics Market

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Magnetic Sensor Market Global Industry Overview and Competitive Landscape till 2032

The global magnetic sensor market is expected to be valued at US$ 2,271.6 Mn in 2022, rising to US$ 3,668.8 Mn by 2032. The demand for magnetic sensors is anticipated to grow at a CAGR of 4.9% from 2022 to 2032.

Attribute	Details
Magnetic Sensor Market Estimated Size (2022)	US$ 2,271.6 Mn
Magnetic Sensor Market CAGR (2022-2032)	4.9%
Magnetic Sensor Market Forecasted Size (2032)	US$ 3,668.8 Mn

The widespread use of magnetic sensors in modern navigation systems, presence detection, medical disciplines, and the automotive industry is driving a paradigm shift in the global magnetic sensor market.

Due to increased demand for magnetic sensors in the automotive sector, the magnetic sensor market share is likely to grow at a healthy rate throughout the forecast period. The increasing use of magnetic sensors in advanced applications such as driverless vehicles is expected to fuel global magnetic sensor market growth.

Magnetic sensors used in these systems are exceedingly efficient, precise, dependable, robust, and simple to build. The sales of magnetic sensors are therefore expected to increase quickly throughout the course of the projection period.

Furthermore, new magnetic sensor industry trends such as robotics, automation, and Industry 4.0 in the mining, oil and gas, and food and beverage manufacturing sectors are expected to boost magnetic sensor market expansion.

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As a result, the demand for magnetic sensor is expected to rise as businesses increasingly rely on industrial robots, collaborative robots, conveyor systems, and automated assemblies, all of which require a magnetic sensor for position, speed, and orientation.

While increasing demand for magnetic sensors in automated vehicles, consumer electronics, and healthcare items leads to increased shipment, price erosion severely limits sales growth. This is due in part to the increased competition among magnetic sensor manufacturers.

Rapid innovation in new portable, consumer, and IoT applications results in pricing pressure and a drop in sales of magnetic sensors, particularly for high-volume applications. As a result, manufacturers are being driven to reduce the cost of magnetic sensors.

Key Takeaways from Magnetic Sensor Market

The United States currently controls around 23% of the magnetic sensor market. Furthermore, between 2022 and 2032, the US market is expected to produce an absolute dollar potential of US$ 128 Mn, rising at a 3.8% CAGR during the projected period.
Between 2022 and 2032, China is estimated to represent 11.7% of the APAC magnetic sensor market, with a CAGR of more than 5.5%.
Germany is predicted to maintain its dominance in the European magnetic sensor market during the forecast period.
The Hall effect magnetic sensor technology category is estimated to dominate the magnetic sensor market with a 45.9% share during the forecast period.
The automobile category is expected to hold 45.3% of the magnetic sensor market.

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Competition Landscape in the Magnetic Sensor Market

The magnetic sensor market is undergoing fierce competition among key companies due to a fragmented and highly concentrated competitive landscape. New product developments and recent breakthroughs in sensing technology are driving the worldwide magnetic sensor market.

Another strategy employed by magnetic sensor producers is a significant investment in R&D activities for the development of upgraded sensory components. To address the needs of diverse end-use verticals, manufacturers propose to produce sensors with functions such as motion detection, speed, and proximity.

Among the top competitors in the protein hydrolysate ingredients market are Arla Food Ingredients, Costantino & C. spa, Armor Proteines, Kerry Group Plc, Glanbia Plc, Carbery Group Limited, Davisco Foods International, Inc., Hilmar Ingredients, FrieslandCampina N.V., Tate & Lyle plc, Abbott Laboratories, Agropur Inc., Danone S.A., and Fonterra Co-operative Group Limited.

Recent Developments in the Magnetic Sensor Market:

In June 2020, Asahi Kasei Corporation unveiled the AK8781, a latch-type Hall IC with an ultra-compact package that is suitable for small DC brushless (BL) motors. It is a small, quick response time package that is perfect for high-temperature applications. The introduction of this product aims to further the micro-miniaturization and high efficacy of DCBL motors.
To provide ground-breaking medical imaging solutions for cardiac diagnostics, TDK Corporation announced in April 2020 a partnership with Genetesis, a magnetocardiography (MCG) technology company with headquarters in the United States and a world leader in non-invasive biomagnetic imaging systems.

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Magnetic Sensor Market by Category

By Technology:

Hall Effect Magnetic Sensor
AMR Magnetic Sensor
GMR Magnetic Sensor
TMR Magnetic Sensor

By Application:

Magnetic Sensor for Industrial
Magnetic Sensor for Automotive
Magnetic Sensor for Consumer Electronics
Others

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https://blacksocially.com/read-blog/57289

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Construction Aggregates Market expected to exhibit a healthy 6.8% CAGR by 2031

As per a recent market survey by ESOMAR-certified consulting firm Future Market Insights (FMI), the global construction aggregates market reached US$ 344.4 Bn in 2021. Increasing investment in the infrastructure sector is anticipated to propel growth in the market, enabling expansion at 6.8% CAGR through 2031.

Digital transformation in the construction sector is streamlining industrial operations and paving way for technological advancements. This factor is allowing contractors to improve output, which in turn is resulting in high demand for construction aggregates.

Rapid urbanization in countries such as China and India is encouraging expansion of construction of residential sectors and healthcare facilities, thereby boosting sales of construction aggregates. Besides this, government-backed initiatives for facilitating housing developments in the U.S. and the U.K. will positively shape the demand outlook for construction aggregates.

In addition to residential projects, expansions in the tourism and hospitality sector are creating lucrative growth opportunities for players operating in the market. Construction of hotels and resorts in counties like Germany and Italy is enhancing sales prospects of construction aggregates in the market.

Moreover, demand for sustainable and recyclable construction aggregates is creating avenues for innovation in the market. Leading players are capitalizing on this trend by sustainable alternatives in the market, augmenting the overall market growth.

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“Increasing government expenditure on infrastructural development, coupled with the adoption of latest technologies is shaping the growth outlook of construction aggregates market,” says the FMI analyst.

Key Takeaways from the Construction Aggregates Market Analysis

Based on product type, crushed stone will dominate the market due to its easy availability and affordable price.
Construction aggregates will find applications in the infrastructure sector owing to increasing spending towards expansion of roadways and railways projects.
The U.S. is anticipated to exhibit high growth during the forecast period. Sales in the U.S. is expected total US$ 16.4 Bn in 2021.
Expansions in the tourism and hospitality sector in Germany will create opportunities for construction aggregates sales.
China will emerge as the most lucrative market due to increasing industrialization and urbanization in the country.
Increasing investments in residential and infrastructural development in India will promote sales of construction aggregates in the country.
Japan and South Korea will collectively account for 7.2% of the total market share.

Competitive Landscape

Heidelberg Cement AG, Martin Marietta Materials Inc, LSR Group, LafargeHolcim Ltd., Cemex SAB de CV ADR, Vulcan Materials Company, CRH plc, Adelaide Brighton Ltd., Eurocement Group, and ROGERS GROUP INC. are among the leading players operating in the construction aggregates market.

As a part of their growth strategies, prominent players are emphasizing on production facility expansion and new product launches. Apart from these strategies, strategic collaborations, mergers and acquisitions will hold significance during the forecast period. For instance:

In July 2021, Germany-based HeidelbergCement announced its plans to invest in additional grinding capacity for its cement plants. These additions will potentially help the company cater to growing consumers’ demand.
In May 2021, Martin Marietta Materials Inc. acquired HeidelberCement’s Lehigh Hanson West Region business for US$ 2.3 Bn. The transaction includes the sale of cement, aggregates, ready-mix concrete, and asphalt in the U.S. West region, allowing the company to expand its footprint across the country.

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Construction Aggregates Market by Category

By Product Type:

Crushed Stone
Sand
Gravels

By Application Type:

Commercial
Residential
Industrial
Infrastructure

Table of Content

1. Global Construction Aggregates – Executive Summary

2. Research Methodology

3. Assumptions and Acronyms Used

4. Global Construction Aggregate Market Overview

5. Global Construction Aggregate Market Analysis and Forecast by Product Type

to be continued…!

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Laboratory Glassware and Plasticware Market Comprehensive Research Study and Strong Growth in Future 2027

Laboratory Glassware and Plasticware – Market Overview

Laboratory glassware and plasticware Market products comprise of various types of equipment such as adapter, beakers, bottles, burette, chromatography apparatus, flask, measuring cylinder, thermometer, tubes, etc. which are used in clinical and research laboratories for scientific experiments. Many types of glassware and plasticware products used in laboratories which are classified on the basis of their uses and application during the research process.

In last few decades glassware products dominate the market, but nowadays this trend is changed and increases the demand for plasticware products. Plasticware products are flexible, easy to handle, and less expensive than glassware. These are few factors which help in increasing the demand for plasticware products. However, many chemicals subtend and solvent needs to be heated during research and test process. So, in such a case glassware is the only option among plasticware and glassware which is expected to grow significantly during the forecast period 2017 – 2025.

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Laboratory Glassware and Plasticware- Market Dynamics

There are several factors which help in driving the laboratory glassware and plasticware market. Firstly, increasing research in biotechnology and pharmaceutical industries drives the demand for the laboratory glassware and plasticware. For easily diagnose the diseases, and effective result increasing preference for the test before treatment also contributes to the growth of the laboratory glassware and plasticware.

Shifting towards the automated laboratory process is a key trend in the laboratory glassware and plasticware market. Lack of funds in many research hamper the growth of the laboratory glassware and plasticware market. However, laboratory glassware create an opportunity for the manufacturer during the forecast period.

Laboratory Glassware and Plasticware Market – Regional Overview

The laboratory glassware and plasticware market has been segmented into seven regions –

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

The North American region represents the largest laboratory glassware and plasticware market, owing to a mature consumer base. The Western Europe and Eastern Europe markets are highly saturated and are expected to remain rather stagnant. The APEJ and the MEA regions, however, provide immense opportunities for growth of the laboratory glassware and plasticware market. The Asia Pacific region is anticipated to become the largest market for laboratory glassware and plasticware. Emerging economies in Asia, such as China and India have witnessed an increased spending on research and development and in the healthcare sector.

As a result, demand for laboratory glassware and plasticware in India and China, along with other ASEAN countries is anticipated to witness exponential growth, during the forecast period. The laboratory glassware and plasticware market in Latin America is also expected to witness steady growth with increased spending on the healthcare sector and emphasis on research.

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Laboratory Glassware and Plasticware Market – Key Players

Few of the key players identified across the globe in the laboratory glassware and plasticware marker are SOMATCO, Paul Marienfeld GmbH & Co. KG, Rose Scientific Ltd., Corning Incorporated, SciLabware Limited, Acumen Labware, M. V. Scientific, BOECO Germany, and among others.

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

Regional analysis includes

North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

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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Laboratory Glassware and Plasticware – Market Segmentation

Laboratory glassware and plasticware can be segmented into product type and end use.

On the basis of product type, laboratory glassware and plasticware is segmented into

Flasks
Separating Funnels
Pipettes and Pipette Tips
Test Tubes
Measuring Cylinder
Beakers
Others

On the basis of end use, laboratory glassware and plasticware is segmented into-

Diagnostic centers and Hospitals
Research and Academic Institutes
Food & Beverage industries
Pharmaceutical and chemical industries
Others

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Invisible Tapes Market Future Scenarios, Sales Growth and Analytical Insights 2027

The invisible tapes are the most important adhesive solution for the variety of applications such as adhering papers together when faxing or photocopying, wrapping gifts, packaging, etc. The invisible tape disappears and blends into the applied surface. This invisible feature helps to maintain the visibility and proper presentation of the items which are fixed together using the invisible tape. The tape is ideal for workspace or home use for general purpose bonding and sealing tasks.

However, the tap also comes for industrial applications with added strength. Some invisible tapes also have a writable surface to add any notes as well. Some other features of the invisible tapes include easy tear, no-noise unwinding, UV resistance, etc. The invisible tapes are commonly made up of the permanent acrylic water-based adhesive and a clear polyurethane film. This combination is ideal for providing the long-term protection against any damage. The invisible tapes are typically used for domestic applications including stationary and office works. The tapes come in the variety of shape and sizes to cater to the demands of different end-use industries.

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Invisible Tapes: Market Dynamics The main driving factor for the invisible tapes market is the use of cheap and efficient adhesive solution for the general purpose applications in the domestic and industrial applications. The demand for invisible tapes is increasing but at a slow rate due to well-established market base in the developed countries. The companies are focusing on to add some attractive features in their products to increase the demand and interest for their products.

The consumer perception is also changing as they want high quality product with attractive features at lower costs. This factor is driving the competition in the market and compel manufacturers to continuously invest in research and development activities and sell their products at competitive prices. The main restraint for the invisible tapes market is the preference of another type of products for adhesion applications by some customers.

There are lot of opportunities for the new entrants in the developing market. However, in the developed regions such as Europe and North America, few vendors are dictating as they have gained consumer’s attention since a couple of years.Invisible Tapes: Market Segmentation, Invisible tapes market is segmented as follows, Invisible tapes market segmentation by film material used , BOPP, PP, PE,Others Invisible tapes market segmentation by finish type, Clear Finish , Matte Finish, Invisible tapes market segmentation by tape length Less than 20 meters, 20-30 meters , 30-40 meters, More than 40 meters Invisible tapes market segmentation by application type–Stationary , Industrial Packaging , Others

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The report covers exhaust analysis on

Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain

Regional analysis includes

North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

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, macroeconomic 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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Invisible Tapes: Market Segmentation

Invisible tapes market segmentation by film material used

BOPP
PP
PE
Others

Invisible tapes market segmentation by finish type

Clear Finish
Matte Finish

Invisible tapes market segmentation by tape length

Less than 20 meters
20-30 meters
30-40 meters
More than 40 meters

Invisible tapes market segmentation by application type

Stationary
Industrial Packaging

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Paper Bag Box Market Growth by Simplicity in Recycling is also Anticipated to Drive More Demand Globally

Paper Bag Box Market Overview

Paper based packaging has emerged as a versatile as well as cost efficient method for the transportation, protection, and preservation of a wide array of products. Need for packaging type that not only protects the product against odds but also gives a nice aesthetic appeal is in great demand by the end users. Paper bags box is once such packaging type which serves dual purpose of both the bag as well as the box.

Also, paper based packaging is largely being preferred due to ban on plastics in some regions globally. Paper bag box is engineered to be sturdy and is customizable to meet the product or customer specific needs. In order to capitalize more market revenue as well as stiff competition, manufacturers are opting for the paper bag box to stay ahead of their competitors.

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Global Paper Bag Box Market: Market Dynamics

One of the prime factors driving the growth of the global paper bag box market is the changing consumer lifestyle and an increase in the spending power of the consumers on packaging type that enhances the product quality. Also, according to a study, the demand for paper based packaging is expected to grow by leaps and bounds due to increasing consciousness about nature safety, as more and more consumers are switching from plastic bags to paper bags.

Thus, manufacturers involved in paper based packaging are switching to packaging types that grab the attention of manufacturers and consumers towards paper bags packaging style. The paper bag box is high in cost, which is why the small scale manufacturers are reluctant to incorporate the packaging type in their packaging line.

Digital printing on the paper bag box as per the needs of the end user is likely to bring in ample opportunities of growth for the global paper bag box market during the forecast period. Easy recyclability of the paper bag box is also expected to fuel the demand of the global market. The use of graphic paper for manufacturing paper bag box is also expected to ring in new opportunities of growth for the global paper bag box market.

Global Paper Bag Box Market: Regional Outlook

On the basis of geography, the global paper bag box market is segmented into North America, Latin America, Middle East & Africa, Asia Pacific, and Europe. North America is expected to lead the global paper bag box market due to highly advanced packaging machinery market and a large customer base willing to pay for innovative packaging type.

Europe paper bag box market is expected to follow the North America paper bag box market. Asia Pacific is expected to register growth at the highest CAGR due to increasing development in key economies such as India and China. Middle East & Africa is expected to witness sluggish growth in the global paper bag box market, the growth is mainly attributed to a growing preference for paper packaging over plastic packaging.

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Global Paper Bag Box Market: Key players

Some of the key players operating in the global paper bag box market are DPP Inc., Shenzhen Tianya Paper Products Co, Ltd., Esgreen Ltd., and Dongguan Shuntong Color Printing Co., Ltd.

The report covers exhaust analysis on

Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain

Regional analysis includes

North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

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Global Paper Bag Box Market: Market Segmentation

The global paper bag box market is segmented on the basis of material type, end use, and geography.

On the basis of material type, the global paper bag box market is segmented into

Kraft Paper
Sack Kraft Paper
Corrugate Paper

On the basis of end use, the global paper bag box market is segmented into

Consumer Goods
Bakery & Confectionery
Others

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Mastic Tapes Market Demand by High Tension Lines in Electrical and Electronics Industry

Global mastic tapes market: Introduction

Mastic tapes provide high insulation of upto 1000 volts. Mastic tapes have very high moisture resistance properties which makes them applicable in high water contact areas. They are available in different sizes, and thickness, and thus provide convenience in applying the tape to the required area. Mastic tape is made up of rubber based material and has self-fusing properties.

Dust resistance properties of mastic tapes make them applicable at construction sites, due to the high amount of dust present. Mastic tapes have vibration damping properties, and thus eliminate the high vibration caused due to machines in production site of the industrial area. High adherence property of mastic tapes makes them ideal for use on rough and uneven surfaces of the machines.

Mastic tapes are very easy to tear and use, and thus reduce the wastage introduced during tearing the required amount of tape from the roll. Due to these properties, mastic tapes are expected to witness high preference over the forecast period. Therefore, the global mastic tapes outlook, is expected to be positive, during the next ten years.

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Global mastic tapes market: Dynamics

Mastic tapes market is driven by wide application of mastic tapes for electrical insulation. It acts as a perfect barrier for electrical leakage, as lots of damage is caused due to electric leakage from transmission lines. Mastic tapes find application in high tension lines in electrical and electronics industry, thus acts as a key driver for mastic tapes market.

Corrosion resistant feature of the mastic tape makes it suitable to be used on high rust accumulation areas. The long life of mastic tape eliminates the maintenance cost involved, in the regular application of tapes. Mastic tapes are resistant to Ultraviolet radiations, thus a value-added the feature of mastic tapes, and acts as a catalyst to increase the growth of mastic tapes market.

They show high adhesion properties on cables insulation, metal, plastics and other surfaces thus mastic tapes are widely used in industries, therefore industrial sites require high demand for mastic tape and act as a driver for mastic tapes market. Mastic tapes have high-temperature resistance properties, it can bear its properties up to 80-degree centigrade, thus makes them applicable for cable splice.

They can also sustain at low temperature thus, applicable for both high and at low-temperature areas. Mastic tapes have shelf healing property, thus damage to the tape, due to wear and tear, is self-heal that maintains its insulating properties, this feature differentiates it from another tape, and thus it is preferred the choice of the consumer.

Global mastic tapes market: Regional Overview

Global mastic tapes market is segmented into seven regions including North America, Latin America, Eastern Europe, Western Europe, Middle East and Africa (MEA), Asia Pacific excluding Japan (APEJ) and Japan. Europe region shows constant growth for mastic tapes market, however, an increase in demand for mastic tapes due to high insulating property and value-added features, is expected.

As a result, industrialists are preferring them over adhesive tapes, thus mastic tape market shows growth in the region. Due to the high consumption rate of adhesive material in the emerging market manufacturers of mastic tapes in North America and Europe region are focusing towards investing in the new plant sites in Asia pacific region.

The region is expected to represent ample growth opportunities for growth of the mastic tapes market, in the forecast period.

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Global mastic tapes market: Key Players

Some of the key players of global mastic tapes market are 3M Company, Denso North America Inc., Osaka Rubber Private Limited, and Omega Rubber Industries.

The report covers exhaust analysis on