Security Screening Market Predicted to Expand at an Impressive CAGR of 7.4% to top a Valuation of US$ 15.9 Bn by 2028

Rapid growth in the economy, necessitating increasing expenditure on the national and infrastructural security, will continue to push deployment of reliable and advanced technology enabled security screening systems. While FMI’s analysis identifies an impressive rate of adoption within emerging economies, China, India, and Russia are more likely to be at the forefront of this growth, in the security screening market.

The global market for security screening is expected to surpass US$ 10.4 billion in 2022 and grow at a remarkable CAGR of 7.4 percent to reach US$ 15.9 billion by 2028.

The approximately US$ 7.8 billion market for security screening is highly likely to approach the revenues worth US$ 10 billion in the next two years. As indicated by a newly launched research report by Future Market Insights (FMI), more than half of the total demand for security screening is being accounted by the developed regional markets. East Asia however is cited as the most lucrative market for investors in security screening systems and solutions.

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Airports Generate Maximum Demand for Security Screening, Explosive Trace Detectors Bestselling

Over 2/5th of the global security screening demand is accounted by airports, which will remain the dominant application area for security screening systems manufacturers and suppliers. As government buildings are highly vulnerable owing to the voluminous sensitive information that they procure, public recreation areas such as malls are also cited as the next sensitive area for implementation of effective security screening. Border check points are also expected to emerge lucrative through coming years, in the security screening market.

Explosive trace detectors, currently accounting for nearly 1/4th share of the total sales of security screening systems, will reportedly witness strong growth in demand through the coming years. According to the report, X-Ray screening systems and biometric systems are also highly popular among the end-use application areas in security screening market.

The collective market value share of the aforementioned security screening systems is just-under 50% and the report expects attractiveness of the latter to surge – with growing adoption of fingerprint and face recognition technologies.

Smart Security Screening Trending in the Global Market

Looking at the loopholes in current security screening models in terms of efficiency and sustainability, airports have been accelerating the industry’s shift to smart security screening solutions, over the recent past. A combined initiative of Airports Council International (ACI) and the International Air Transport Association (IATA), smart security is emerging as a streamlined solution for airlines, passengers, and their belongings. Recently, Australia’s first-ever smart security screening checkpoint was unveiled at the Melbourne Airport.

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Key Vendor Insights: Global Security Screening Market

Westminster Group PLC, one of the key players competing in security screening market, recently completed the acquisition of Keyguard UK Ltd. The latter is a leading company in the security screening space, providing the blend of manned security and the latest technology enabled security screening systems.

The former will now offer packages combining technology and guarding – particularly to the infrastructure security domain. This deal is expected to benefit both the business bases, in form of multiple cross-selling opportunities.

Besides Westminster, FMI’s report covers detailed strategic profiles of some of the most prominent companies operating in security screening market landscape, including American Science and Engineering, Inc., Analogic Corporation, Argus TrueID, Aware Incorporation, Digital Barriers, Mangal Security Systems Ltd., OSI Systems, Inc., Smiths Group plc, LAXTON GROUP, NEXT Biometric, Aratek, NEC Corporation, and Cognitec Systems GmbH.

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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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Reusable Egg Containers Market is expected to increase at a growth rate of around 5.5% to 6.0% during the forecast period

The global reusable egg containers market is expected to increase at a growth rate of around 5.5% to 6.0% during the forecast period

The reusable egg containers market, polystyrene segment, and polyethylene segment revenue witnessed a noteworthy share in 2021, according to the Annual Market Analysis conducted by Future Market Insights

Reusable Egg Containers Market: An Overview

Egg containers are similar to egg cartons, egg trays which has a dimpled shape structure that is used for storing and transporting eggs. The containers are usually made up of paperboard, moulded pulp, and plastic. Although plastic stands as the dominant material used as reusable egg container as containers made up of paper should be disposed of after a certain period.

Reusable egg containers have a high demand in the market due to the increase in consumption of poultry products. This increase in demand has automatically increased the demand of safe and secure packaging as eggshell is very fragile.

Reusable egg containers made up of plastic are resistant to any shock, and it absorbs any external stress during transportation. The reusable egg containers are anticipated to have high growth in the market in the forecasted timeline.

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What Drives the Growth of the Reusable Egg Containers Market?

Reusable egg containers made up of plastic offers various benefits to the manufacturers and retailers who supply the poultry products such as eggs of different animals. Plastic offers printing benefits that help the retailers and consumers gain information regarding the product packed.

The packaging can also be used for secondary purposes in the household after the primary use of storing eggs, making the egg containers extremely useful. These attributes contribute to gaining traction in the reusable egg containers market due to their effectiveness in storing eggs without any damage, reusable nature and cost-effectiveness.

Growing demand in the bakery and confectionary industry has also increased the consumption of eggs in the cakes and pastries as eggs act as an added advantage anticipating a significant growth of the reusable egg containers market in the forecasted period.

What Restraints the Growth of the Reusable Egg Containers Market?

Plastic manufacturers across the world are facing tough competition due to the other manufacturers and also the green packaging manufacturers which are trending currently due to consumer needs and environmental concerns.

The dynamic change in the cost of raw material has suffered a negative impact due to the stringent government laws and regulations in different countries. These attributes act as a restraint hampering the growth of reusable egg containers.

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Competitive Landscape

Key Global Players of the Reusable Egg Containers Market are:

  • Sanovo Technology Group
  • EP Europack
  • DFM Packaging Solutions
  • Ovotherm International Handels GmbH
  • Dispak UK
  • MyPak Packaging
  • Primapack SAE
  • Eco Packaging International Company

Key players in the Asia Pacific region of the Reusable Egg Containers Market are:

  • Green Pulp Paper Industry Sdn.Bhd
  • Sri Mallikarjuna Poultry Equipments.
  • Sathish Agro Tech
  • Rulyda Plastic Manufacturer
  • SM Pulp Packaging
  • K.U. Sodalamuthu and Company Private Limited
  • Hightop Egg Tray Manufacturer

Key Segments of Reusable Egg Containers Market Covered in the Report

Based on the Material:

  • Polystyrene (PS)
  • Polyethylene (PE)
  • Polypropylene (PP)
  • Others

Based on the Number of Eggs Stored:

  • 3 egg carton
  • 6 egg carton
  • 12 egg carton
  • 24 egg carton

Based on the Alignment:

  • Horizontal egg carton
  • Vertical egg carton

Based on End-user:

  • Household
  • Institutional

Based on Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • MEA

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Thermal Insulated Bubble Wrap market are expected to observe a market growth of 4%-5% during the forecast period

Thermal Insulated Bubble Wrap market are expected to observe a market growth of 4%-5% during the forecast period

In 2021, the US Thermal Insulated bubble wrap market grew by 3% year on year, bucking initial skepticism about how the market would perform during a global pandemic. Across the whole of North America, e-commerce application segment witnessed a significant raise in volume in 2020.

Thermal Insulated Bubble Wrap: Market Outlook

The bubble wrap packaging is a form of protective packaging, which is fabricated from a double-layer polyethylene film, and was accidentally invented by the American engineers in the year 1957. As the name suggests, “Thermal Insulated bubble wraps” capture the air within the bubble-shaped hemispherical exterior layer of the material.

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The bubbles can be anywhere ranging from 0.24-1 inches and are being selected depending upon the shock-absorption level which is being required. Also, as the products require proper packaging, cushioning, padding and protection against any disruption in the transportation process, the thermal insulated bubble wraps come into picture as they cater to the soft packaging, wherein the air cushioning absorbs the vibrations and shocks and aids to their efficient isolation of delicate products.

What Are the Key Market Drivers Shaping the Consumption of Thermal Insulated Bubble Wrap?

The increasing disposable income of people contributes as one of the major drivers of the thermal insulated bubble wrap market. The food industry is pulling rapid demand for protective packaging solutions, owing to increasing consumption of freshly produced vegetables and fruits across the globe.

Moreover, the increasing prevalence of the e-commerce websites related to food and beverages packaging is also aiding the need for protecting & packaging perishable goods without any major wastage, thereby proving to be a driver of thermal insulated bubble wrap market.

Also electronics packaging has seen wide applicability of thermal insulated bubble wraps to offer protection to the electronics items, especially during the transportation. Durable and moisture resistant characteristics of thermal insulated bubble wraps are contributing to the soaring demand in the next future.

Competitive Landscape

Key players of Thermal Insulated Bubble Wrap Market are as follows:

  • Innovative Energy, Inc.
  • Sonoco Products Company
  • Amcor Limited, Deutsche Post AG
  • Cold Ice Inc.
  • STARPACK Overseas Private Limited
  • Pregis Corporation
  • Nortech Labs, Inc.

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Key Market Players in Asia-Pacific of Thermal Insulated Bubble Wrap Market

  • Neo Thermal Insulation (India) Private Limited
  • Flexi Pack Limited
  • Suzhou Top Packing Material Co., LTD
  • Agarwal Technoplast Private Limited

What Strategies Are Key Players Adopting to Increase Their Market Share in the Thermal Insulated Bubble Wrap Market?

Key players manufacturing Thermal Insulated Bubble Wrap are continuously innovating their products by introducing attributes like expandability, re-usability and flexible variants of Thermal Insulated Bubble Wrap.

In April 2021, Insulated Products Corporation, introduced the “CooLiner insulation roll” which offers light and UV protection, has external reflective barrier, provides intelligent bonding solution which aids in extra strength and elasticity, and also protects against cold and heat, thereby supports the company’s expansion and growth.

Key Segments of Thermal Insulated Bubble Wrap Market Covered in the Report

Based on Product Type:

  • High-grade bubble wraps
  • General-grade bubble wraps
  • Temperature controlled bubble wraps
  • Limited grade bubble wraps
  • Others

Based on Application Type:

  • E-commerce
  • Automotive
  • Electrical & Electronics
  • Pharmaceuticals
  • Personal Care
  • Other End Use

Based on Region:

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

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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.

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Pharmaceutical Printed Cartons Market is expected to increase at a growth rate of around 7.5% to 8% during the forecast period

The global Pharmaceutical Printed Cartons market is expected to increase at a growth rate of around 7.5% to 8% during the forecast period

The pharmaceutical printed cartons market, folding boxboard material segment, and solid unbleached material segment revenue witnessed a significant share in 2021, according to the Annual Market Analysis conducted by Future Market Insights

Pharmaceutical Printed Cartons Market: Market Outlook

The pharmaceutical industry is coming up with re-engineered packaging solutions now and then, printed pharmaceutical boxes meeting all the industry requirements are globally accepted. The printed carton boxes protect the pharmaceutical drugs & medicines packed inside from dust, moisture and temperature fluctuations, specially designed to solve the logistical problems and storage problems faced by the pharmaceutical industry.

Overall due to the exponential growth of the pharmaceutical sector and the demand for medicines witnessing growth is set to expand the pharmaceutical printed cartons market worldwide.

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What Factors Are Contributing To The Growth of Pharmaceutical Printed Cartons Market?

The pharmaceutical printed cartons provide advertising space to the manufacturers and marketers to print information about the product, expiry date and the barcode on boxes allows to store and transport the products easily. Printed cardboard boxes are manufactured in various sizes, colours to suit the packaging needs for packaging pills, capsules, vaccinations and droplets.

By usage of pharmaceutical printed boxes, the product safety is ensured and it is prevented from any kind of tampering while transiting. All these factors contribute towards the growth of the pharmaceutical printed cartons market.

What Opportunities are Ensuring Future Growth of Pharmaceutical Printed Cartons Market?

The pharmaceutical printed cartons come with leak-proof and water-resistant features along with a premium look and feel that is trending among modern consumers. Manufacturers of cartons are producing packaging cartons in compliance with all the international safety standards for pharmaceutical packaging. Also, the cartons made from paperboard are easily recyclable and fit for re-use.

All the above-mentioned factors ensure the future growth of the pharmaceutical printed carton market.

Key Market Players of Pharmaceutical Printed Cartons Market

  • Essentra plc
  • CCL Industries
  • 3C! Packaging, Inc.
  • Keystone Folding Box Co.
  • Origin Pharma Packaging
  • Kane Packaging & Printing, Inc.
  • Körber AG

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Why India and China are Major Markets for Pharmaceutical Printed Carton Market?

The rapid expansion of the pharmaceutical and packaging industry in the fastest countries, growth of government healthcare system and increasing reach till untapped rural masses, makes India a lucrative as a well important market for pharmaceutical printed carton market. The increasing number of manufacturers and easy availability of paperboard and raw materials makes China also a major market.

Key Market Players in Asia-Pacific Region of Pharmaceutical Printed Cartons Market:-

  • Online Print & Pack Private Limited
  • Raja Tradelinks Pvt. Ltd.
  • Packman Packaging Private Limited
  • Earth India
  • MrPaperCup
  • Shree Creations
  • Velpack Pvt LtdGlobal Pharmaceutical Printed Cartons Market Segmentation

    Folding Type:

    • Full Sealed End
    • Tuck Top Snap Lock Bottom
    • Reverse Tuck End
    • Tuck Top Auto Bottom
    • Straight Tuck End

    Material:

    • Solid Bleached Board
    • Folding Boxboard
    • White Line Chipboard
    • Solid Unbleached Board

    Application:

    • Pills
    • Tablet
    • Syrup
    • Liquid Drops

    Region:

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

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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.

Contact Us:

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Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Browse Latest Market reports: https://www.futuremarketinsights.com/reports

Fault-Tolerant Servers Market Size and Analysis | Forecast – 2027

Over the years, keeping mission-critical applications running is one of the most essential roles of the IT department in any organisation. Although advanced products provide an effective high-availability solution, however a failover can disrupt application processing.

Damage of servers can result into severe business and financial losses, hence enterprises from various industries are investing significantly in fault tolerant server solutions to achieve near-zero downtime. Moreover, fault tolerant servers provide solutions to address planned and unplanned downtime for mission critical businesses.

The fault tolerant servers provide continuous availability through hardware redundancy in components such as memory, processors, motherboards, hard disk drives, cooling fans and others.

Furthermore, to meet the demand and expectation, vendors are introducing advanced fault tolerant servers at lower prices which are capable to deliver exceptional uptime through dual modular hardware redundancy and help maximize your business outcomes.

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Fault-Tolerant Servers Market: Drivers and Restraints

Factors such as increasing adoption of cloud computing and increase in industrial automation and virtualization are thereby driving the market for fault-tolerant servers.

In addition to this, increase in adoption of fault-tolerant servers by small and medium enterprises across various verticals globally is expected to further accelerated demand for fault-tolerant servers during the forecast period.

On the other hand, lack of technological awareness, as well as complexity and high cost in installation and upgradation of system may act as a restraint for the fault-tolerant servers market

Fault-tolerant servers Market: Regional Outlook

Fault-tolerant servers market is dominated by the North America, and Western Europe region. North America has a wide presence of key fault-tolerant server providers, as well as high adoption of fault-tolerant server by enterprises in the manufacturing, BFSI, and retail industries based in the region.

Asia Pacific Excl. Japan as well as Japan region is expected to witness a significant growth in the fault-tolerant servers market. High growth of APEJ is attributed to the growing trend of business automation and adopting of cloud computing is leading to high investment on fault-tolerant servers solutions by organizations based in the region.

Eastern Europe and Latin America is expected to see a significant growth rate in the fault-tolerant servers market.

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Fault-tolerant servers Market: Competition Landscape

Among the key players involved in fault-tolerant servers market, companies such as NEC Corporation, HP Inc., International Business Machines Corporation, Oracle Corporation, Unisys Corporation, Fujitsu Ltd, Stratus Technologies, Inc., among others are focusing on organic as well as inorganic strategies to strengthen their position in the fault-tolerant servers market. For instance, in 2015, NEC Corporation launched of two new fault tolerant servers which are capable of delivering continuous availability with enhanced virtualization support.

Regional analysis for Fault-Tolerant Servers Market includes

  • North America
    • US & Canada
  • Latin America
    • Brazil, Mexico, Others
  • Western Europe
    • EU5
    • Nordics
    • Benelux
  • Eastern Europe
    • Russia
    • Poland
    • Rest of Eastern Europe
  • Asia Pacific (excluding Japan)
    • Australia and New Zealand (ANZ)
    • Greater China
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Japan
  • Middle East and Africa
    • GCC Countries
    • Other Middle East
    • North Africa
    • South Africa
    • Other 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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Fault-Tolerant Servers Market: Segmentation

Fault-tolerant servers market can be segmented on the basis of components, end user, verticals, and regions.

On the basis of component the market can be segmented into

  • hardware
  • software
  • services

On the basis of end user the market can be segmented into

  • SMEs
  • large enterprises

On the basis of vertical the market can be segmented into

  • fault-tolerant servers
  • includeretail
  • healthcare
  • BFSI
  • manufacturing
  • media and entertainment
  • government
  • others

On the basis of Region the market can be segmented into

  • North America
  • Latin America
  • Eastern Europe
  • Western Europe
  • Asia Pacific excluding Japan
  • Japan
  • Middle East and Africa

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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Blow Molded Bottles Market to Exceed US$ 144.3 Bn by 2032 with Surging Digitization of Manufacturing Processes with AI and Automation

As per FMI, the global blow molded bottles market size is likely to reach US$ 144.3 Bn by the end of 2032. It is anticipated to exhibit growth at a CAGR of 4.8% during 2022-2032 and is projected to be valued at US$ 90.3 Bn by the end of 2022.

Blow molding is a process where inflation and heating is done to create hollow products. The blow molded bottles market is anticipated to rise at a fast pace owing to improvements in technology and industry-specific products. Key blow molded bottles businesses are focusing on digitizing their operations and adjusting to new innovations by using artificial intelligence and automation.

During the forecast period, top businesses in the blow molded bottles market are likely to continue to focus on mergers and acquisitions as a means of gaining access to new technologies, bolstering portfolios, and leveraging capabilities. Increasing investments in R&D to develop new product lines is another key factor that would drive the global market.

Over the last few years, there has been a spike in capacity expansion in high-growth regions such as the Middle East and Asia Pacific. These regions are generating a steady demand for polymers and are also lowering their total manufacturing costs. Manufacturers are looking for machines that can provide improved precision, cost effectiveness, and flexibility in order to offset the significantly rising cost of manufacturing in various high-demand end use segments.

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Key Takeaways from Blow Molded Bottles Market

· By the next decade, the blow molded bottles market is expected to grow by 1.6x times than its current value.

· Based on material, the plastic segment is expected to grow at a CAGR of 4.6% in the forecast period from 2022-2032.

· By end use, the food & beverages segment is estimated to reach a valuation of US$ 58 Bn by the end of 2032.

· The South Asia blow molded bottles market is predicted to account for roughly 23.5% of the global market share during the forecast period.

· The India blow molded bottles market is expected to create an incremental opportunity of US$ 6.1 Bn by 2032.

“Urgent need to increase the shelf life of food products and rising concerns about the safety of food & beverages are projected to boost the global blow molded bottles market,” says a FMI analyst.

Increasing Demand for Biodegradable Plastic to Boost the Global Market

Use of recyclable or biodegradable plastics is on the rise as a result of growing concerns regarding environmental damage brought on by the overuse of plastic. The majority of firms are nowadays employing compostable substitutes for plastic since government agencies have implemented strict laws and outlawed the use of plastic for packaging.

Many countries have framed new regulations and laws to encourage firms to switch from conventional plastic to recyclable plastic, notably in the packaging industry, because of its many advantages. For instance, Greif Inc. sells refurbished and remanufactured plastic containers that are built with HDPE, which has been recycled 75% from post-consumer containers. With these changes, the blow molded bottles market will witness a significant amount of growth in the near future.

Expansion of E-commerce and Logistics to Create New Opportunities for Blow Molded Bottles Manufacturers

E-commerce and direct-to-consumer delivery techniques have exhibited tremendous growth. Over the past few years, there have been some significant changes in shipping and transportation procedures as a result of shifting customer shopping habits and growing popularity of e-commerce. Owing to the aforementioned trends, packaging solutions have undergone numerous changes in order to meet end-use requirements, while also being more secure and sophisticated.

Understanding and recognizing the transportation method helps packaging engineers around the world to create plastic bottles in the most sustainable way possible. Increasing need among packaging engineers and manufacturers to develop innovative plastic containers, including bottles is set to aid growth.

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Competitive Landscape: Blow Molded Bottles Market

Some of the leading players in the blow molded bottles market include

  • ALPHA Packaging,
  • Millet Plastics Inc.,
  • Zhongshan Boyu Precision Mould Manufacturing Co., Ltd,
  • APEX Plastics,
  • Valencia Plastics, Inc.,
  • Us Pack Group,
  • Urola Packaging,
  • Robinson plc,
  • Gil Pack,
  • PET Blow Molding,

S.I.P.A. S.p.A., Rosti Group AB, Berry Global, O. BERK, Retal Industries Ltd, Grief Inc, Visy, Garrtech Inc, Graham Packaging co, and LyondellBasell Industries B.V among others.

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Emergency Beacon Transmitter Market Size, Share & Forecast Analysis Report to 2027

The Emergency beacon transmitters witness high demand from navy and air force which install these equipment in ships and aircrafts to enable security and safety from unforeseen accidents such as equipment malfunction, capsizing and fire. The emergency beacon transmitter are used for sending distress signals.

These signals are detected by Low Earth Orbit Search and Rescue (LEOSAR) and Geostationary Search and Rescue (GEOSAR) satellites and sent to associated ground receiving stations

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Emergency Beacon Transmitter Market: Drivers and Restraints

The market is experiencing high demand due to the availability of devices equipped with advanced technologies. Earlier, devices are used for distress signals were not reliable as they could not provide accurate information about the location.

However, new 406 MHz emergency beacon transmitter is equipped with a global position system (GPS) receiver which can provide exact location from where the distress signals have been received. This has resulted in the increase in demand of emergency beacon transmitters.

However, high installation and maintenance cost of the emergency beacon transmitter is hindering the market growth.  Further, licensing and regulation is also one of the major challenges for the vendors. An emergency beacon transmitter vendor needs to register its emergency beacon.

Failure to register it or notify the National Oceanic and Atmospheric Administration (NOAA) about any beacon ownership change could lead to penalties by the Federal Communications Commission.

A technological trend which has been noticed in the market is emergency beacon transmitter watches. These are suitable for those who travel in remote and risky places. The watch comes with a dual-channel emergency satellite transmitter which gets activated by twisting and pulling the watch knob. The watch holds a Personal Locator Beacon (PLB) category 2 beacon micro-transmitter and is priced between US$ 17,000 and US$ 18,000.

Global Emergency Beacon Transmitter Competitive Landscape

Some of the prominent players in the Emergency Beacon Transmitter market include Honeywell International, Inc., ACR Electronics, Inc., Emergency Beacon Corporation, McMurdo Group, ACK Technologies, Inc. Thales Group and Cobham Plc. among others.

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Regional analysis for Global Emergency Beacon Transmitter Market includes

  • North America
    • US & Canada
  • Latin America
    • Brazil, Mexico, Others
  • Europe
    • EU5
    • Nordics
    • Benelux
    • Poland
    • Russia
  • Asia Pacific
    • Australia and New Zealand (ANZ)
    • Greater China
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Japan
  • Middle East and Africa
    • GCC Countries
    • Other Middle East
    • North Africa
    • South Africa
    • Other 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.

Global Emergency Beacon Transmitter Market: Market Segmentation

Global Emergency Beacon Transmitter Market can be divided into two segments, based on type and end-users.

Segmentation on basis of type in Emergency Beacon Transmitter market:

  • Emergency Position Indicator Radio Beacon
  • Emergency Locator Transmitter
  • Personal Locator Beacon

Segmentation on basis of end-users for Emergency Beacon Transmitter Market:

  • Aviation
  • Maritime
  • Military
  • Others

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 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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Corrugated Fanfold Market is expected to reach US$ 15,930.9 Million in 2032

The corrugated fanfold market is estimated at a CAGR of 4.3% during the forecast period. The market is likely to be valued at US$ 10,456.7 Mn in 2022 and is anticipated at US$ 15,930.9 Mn by 2032.

The cost-effective and green packaging solution is the utmost priority; hence the demand for corrugated fanfold packaging has been a perfect consideration in recent years. A Fanfold is a long corrugated cardboard sheet that is primarily used to protect goods from damage.

The cost effective and green packaging solution is the utmost priority; hence the corrugated fanfold packaging is a perfect consideration. Fanfold is a long corrugated cardboard sheets that are primarily used to protect and package various products. A corrugated fanfold is a continuous cardboard which is a flexible packaging solution to provide multiple packaging specifications in different sizes according to the customer’s requirements. 

A corrugated fanfold is like a fan that comes in a long piece of corrugated cardboard is foldable at regular intervals; therefore it can be folded neatly and appropriately. 

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It is protective packaging to the product used in packaging having a wide range of width ad grades. It is helpful for packaging products such as aluminium components, electronic equipment, machine parts, food products etc. It is a budget-friendly packaging, as it is used for cut-to-size packaging by saving material costs and reducing storage space. 

Any business is focusing on reducing waste generation to try to reduce the environmental impact. The company’s focus on lowering the warehouse and storage cost; therefore, the corrugated fanfold helps conserve the space during packaging and transportation. 

What Are the Key Market Drivers Impacting the Growth of Corrugated Fanfold Market? 

The corrugated fanfold cardboard sheets are available in board and flute combinations having multiple length and width combinations. Additionally, the robust, double-wall fanfold corrugated provides flexibility by selecting the correct length of package according to the size of the products. The excellent features such as easy to cut, the pre-cut grooves for a professional and tidy finish of long boxes, fast and easy packaging helps the customers in effective and efficient packaging. 

The corrugated fanfold cardboard sheets are moisture and abrasion-resistant; hence are helpful in handling and transportation.  It is an entirely versatile and protective packaging that benefits the supply chain by minimizing inventory and material waste. 

The corrugated fanfold provides excellent protection to the products during transit as it is safe in transit. Furthermore, it has an ideal flat surface for high-quality printing to showcase a brand image. Therefore, tailored length, width and scoring corrugated fanfold packaging generates significant market growth. 

What is the Key Trend Increasing Sales of Corrugated Fanfold? 

The rising demand for e-commerce business and online shopping is growing tremendously.  The fanfold corrugated sheets packaging proliferates with the explosion of e-commerce and the continuous development of digital printing technologies. The customers are more concerned about the safe, secure and reliable packaging solution. 

The e-commerce business prefers the most economical, easy and efficient packaging, which is cost-effective and safe.  The e-commerce business is coming out of the most effective fit-to-product (FTP) or flexible box-on-demand packaging systems. Therefore, the swift in e-commerce and digitalization will enhance the corrugated fanfold market.

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Competitive Landscape

Prominent Players in the Corrugated Fanfold Market.

The corrugated fanfold market is consolidated by the key players existing all around the globe during the forecast period. The key players are focusing on the products that determine the consumer’s needs. For this, they are adopting several strategies such as partnerships, mergers and collaboration to acquire the lion’s share in the market.

Some of the key players in the market are

  • DS Smith
  • Smurfit Kappa
  • Braepac Packaging
  • Menasha Packaging Company
  • Papierfabrik Palm
  • International Paper Company
  • Northwest Packaging
  • Independent Corrugator

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Tape Banding Machine Market is expected to grow at 4.3% CAGR between 2022 and 2032

Rising adoption of tape banding machines across diverse industries including food and beverages, electronics, logistics, and packaging is a key factor pushing demand in the global market.

Moreover, increasing consumption of packaged food and in the demand for online food delivery is anticipated to accelerate growth in the tape banding machines market during the forecast period.

Tape banding machines bundle and pack the products while also protecting fragile, high-end materials. To keep a strong grasp on objects without inflicting damage, the banding machine uses a wide, delicate material like paper tape, plastic film or a ribbon.

These banding machines wrap the material around each good or bundle of products, then automatically cuts the band. They use ultrasonic technology or heat to seal the bands. Banding goods can be easily opened by hands, without tools.

The band tensioning method is more accurate and beneficial as compared to strapping. Banding allows high-quality printing, is easy to open and has a wider variety of binding materials.

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Tape banding machines are available in both semi-automatic and automatic configurations. Automatic machines are majorly used for high-volume production lines and are high in performance. They are fully automated, bundle the product, seal it and cut the bands.

However, semi-automatic banding machines are low in cost as compared to automatic ones and are used to handle low volume to medium volume applications.

There are many factors contributing to the growth of the tape banding machines market such as being easy to use, economical and cost-effective. Banding is required to combine, hold, stabilize and fasten the goods tightly.

Growing need for protecting products during shipping and transportation, and utilization of these machines in various industries such as logistics and warehousing, food and beverage, healthcare and pharmaceutical, for packaging of goods are expected to fuel the market growth over the forecast years.

Key Takeaways from Tape Banding Machine Market

· By operation, the automatic tape banding machines segment is expected to hold 62.6% of the market share in 2032.

· Based on end use, logistics and warehousing segment is expected to grow 1.5 times of its current size by the end of forecast period.

· By capacity, 1.6-2 seconds per strap is expected to grow at a CAGR of 5.1% during the forecasted year

· The U.S. tape banding machine market is likely to surge at 2% CAGR through 2032.

· Demand for tape banding machines in India is anticipated to rise at 4.3% CAGR, reaching a valuation of US$ 249.5 Mn by 2032.

“Rising demand for tape banding machines across various end-use industries, especially in logistics & warehousing and food & beverage, has been the major factor adding fuel to the market growth. Similarly, growing requirement for safe packaging of goods is producing a significant market demand for tape banding machines,” – Comments FMI analyst

With Advanced Technology, Banding Machines Are Acting as a Perfect Companion for Primary Packaging

When it comes to the bundling of consumer goods like fruits & vegetables, banding is the perfect primary packaging option for products as it does not generate any harmful waste. With ultrasonic technology, 100 % eco-friendly, non-toxic and adhesive-free bands are used.

Banding material is particularly gentle on edges and prevents unauthorized opening of products, replaces price labels, provides all the product-related information on the band and also creates considerably less waste than other packaging. Thus, the rising use of banding in primary packaging is expected to fuel the demand for the tape banding machines.

Who is Winning?

Some of the leading players operating in tape banding space include

  • Dynaric, Inc.,
  • StraPack, Inc.,
  • HAMME MAKINE A.S.,
  • SUNPACK,
  • Transpak Equipment Corp.,
  • Signode Industrial Group LLC,
  • Fromm Holding AG,
  • ATS-Tanner Banding Systems AG,
  • FELINS,

Bandall International., Avi International Packaging Co., The Plastic Strapping Company Ltd, Join Pack Machines Private Limited, Millenium Packaging Solutions, TPC Packaging Solutions, Cyklop Global Packaging Solutions and Kopack Enterprises.

These players are continuously upgrading their products to help end users to improve their productivity and secure packages with better banding.

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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.

Contact Us:

Future Market Insights Inc.
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Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Level Sensor Market Anticipated to grow at a CAGR of 6.3% During Forecast Period 2022-29

The Level Sensor Market size is expected to reach US$ 6.4 Bn by 2029, at a CAGR of 6.3% during 2022-29. Market gains are further estimated to be underpinned by a slew of factors, with some of the being smart level sensor application and sheer proliferation of advanced industrial technologies.

The growing demand for intelligent devices, which would broadly include smart level sensors and smart transmitters, to improve measurement accuracy is expected to create enormous opportunities for the global level sensor market.

Demand for Ultrasonic Technology Creates New Growth Opportunities

According to the FMI analysis, ultrasonic sensors are estimated to gain end user favour by a wide margin, on account of their high sensitivity, high frequency, and high penetrating power. However, the growing transition toward microwave/radar technology is likely to be observed by the end of 2029, set in motion by growing demand for continuous level measurement of bulk solids.

The oil and gas segment is anticipated to command for a significant pie of the global market share, on account of growing adoption in tank level monitoring, fuel & chemical injection and various other applications. Adoption of level sensors in waste and wastewater treatment applications is also likely to continue unabated, driven by the need of continuous monitoring of wastewater level in sewage treatment plants.

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The report highlights some of the prominent market players, who have established themselves as leaders in the level sensor market. These leading players, with their ‘industry-best’ product portfolios, continue to set their course toward profitable growth through bespoke innovations and launch of new product models.

For instance, in 2017, Vega Grieshaber KG announced the launch of a new process sensor ‘PLICSCOM’ operating wireless. In 2016, Endress+Hauser AG announced the official launch of ‘tank gauging’ platform, a holistic monitoring & inventory control system for tank farms as well as terminals in the oil and gas, chemicals, and refining application units for bulk storage and transport of liquids & solids.

Mergers and acquisitions will also continue to hold a significant spot in the manufacturers’ agenda, given that these strategic alliances offer immense scope for growth via combined expertise and shared resource pools. For instance, in 2022, Rochester Gauges, LLC announced its official acquisition of FPI Sensors, which would further expand the market share of Rochester in the liquid level sensor space.

As the acquisition by Rochester continues to grow on its own legacy of offering high-quality products and industry-best customer service, Rochester would get greater access to a pool of untapped opportunities and reap benefits from them.

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Competitive Landscape

The global level sensor industry serves a highly fragmented competition landscape. The market is witnessing a trend of acquisition of small sensor technology vendors by the major players, along with the intense competition due to the demand for highly efficient products among the players. Product developments continue to be the key focal point of manufacturers in line with their key strategy to boost their market share holdings.

  • ABB
  • WIKA Group
  • Emerson Electric
  • Endress+Hauser AG
  • Anderson-Negele
  • SICK AG
  • Aplus Finetek Sensor, Inc.

Level Sensor Market Survey By Category

By Technology:

  • Ultrasonic
  • Capacitance
  • Conductive
  • Pneumatic
  • Vibratory Probe
  • Optical
  • Microwave/Radar
  • Magnetostrictive
  • Hydrostatic
  • Magnetic and Mechanical probe

By Application Media:

  • Solid
  • Liquid

By Monitoring Type:

  • Point Level
  • Continuous Level

By Device Type:

  • Contact Type
  • Non-contact Type

By Industry:

  • Chemicals & Petrochemicals
  • Pharmaceutical
  • Energy & Power
  • Oil & Gas
  • Waste & Wastewater Treatment
  • Food & Beverages
  • Others

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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

Contact Us:        
Future Market Insights
Unit No: 1602-006
Jumeirah Bay 2
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