Video on Demand (VOD) Service Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2031

A growing concern of people to have a better lifestyle with stable diets, better healthcare and stretchy workouts, consistently increased the viewership for live streaming fitness programs amid prolonged lockdown. Future Market Insights (FMI) identifies this as one of the key factors driving the video on demand (VOD) service market. According to FMI, the market is expected to surpass US$ 81 Bn by 2021.

Steered by changing consumer preferences, several video streaming services have included fitness programs to encourage healthy living. For instance, in September 2020, Apple, Inc. introduced fitness plus, a streaming program that combines Apple TV, Apple Watch, iPads, and iPhones. This program provides online fitness classes.

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It enables users to monitor all the activities such as rowing, running, cycling, swimming, and many others. Therefore it is expected that the increasing popularity of online fitness plans among young people and individuals across all age groups will bring considerable growth opportunities for video streaming providers.

Besides fitness and healthy living, online streaming services offer a wide range of entertainment options for subscribers. Among content offered, videos and movies have become increasingly popular. As per FMI, more than half of the revenue generated in the video-on-demand service market will be contributed by the videos/ movies segment.

Key Takeaways: Video on Demand Service Market

  • The global video on demand (VOD) service market is estimated to register a CAGR of 8.5% during the forecast period of 2021-2031
  •  Backed by presence of leading service providers, the U.S. to account for nearly 88% of revenue generated in North America
  • Rising streaming spend, enabling the U.K. to register a massive 17.9% y-o-y growth in 2021
  • Increasing user penetration supporting expansion in Germany and France
  • Spurred by rising smartphone penetration, Japan and South Korea will emerge as lucrative markets in East Asia

COVID-19 Impact Analysis on Video on Demand (VOD) Service Market

The novel coronavirus (COVID-19) pandemic had a positive effect on the entertainment industry. A large number of consumers across the globe had increased their spending on the over the top (OTT) platform, which resulted in an increase in the number of subscribers for video streaming providers.

The rising penetration of smartphones in developed economies provided growth opportunities to video streaming services providers during the pandemic situation. Owing to this fact, subscribers can access video content from anywhere and anytime. This is also supported by the fact that Mobile Network Operators (MNO) have accelerated the deployment of mobile broadband & LTE, especially in emerging countries in the APAC & MENA region.

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Who is winning?

VOD service providers have been experimenting with content ideas and technologies to ensure seamless streaming. For instance, In July 2020, Amazon has introduced a live streaming service for mobile and web applications. This new interactive video service (IVS) enables customers to customize and view videos live from their own website or mobile app. This helps content creators and developers to offer a reliable, low-latency live streaming experience across multiple viewing channels and devices without compromising video quality.

Some of the leading players operating in the market are Apple, Inc., Amazon.Com, Inc., Netflix, Hulu LLC, Google LLC, Comcast Cable Management, LLC, DISH Network L.L.C, Vudu Sky UK Limited, The Walt Disney Company, HBO Max (AT&T), Viaplay (Nordic Entertainment Group) and others.

Key Segments Covered of the Video on Demand (VOD) Service Market

Content Type

  • Subscription Video On Demand (SVOD)
  • Advertising Video On Demand (AVOD)
  • Transactional Video On Demand (TVOD)
  • Others

Content Type

  • Music
  • Video/Movie
  • Sports
  • Kids Content
  • Others

Platform

  • Smartphones/Tablets
  • Smart T.V
  • Laptops/PCs

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Region

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

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Marine Boiler Burner Market – Business Opportunities and Global Forecast to 2032

The marine boiler burner market is likely to register a CAGR of 5.2% during the forecast period, and is anticipated to reach a market share of US$ 6.85 Bn in 2032 from US$ 3.73 Bn in 2020, owing to the increasing automation in boiler fuel burning technology, such as artificial intelligence (AI).

Marine boiler burner is a part of engine combustion system, installed at the front portion of marine boiler. Double block burner is more efficient as compared to single block burner owing to these burners are made for clean combustion. In marine the fuel is stored in double-bottom tanks from which it is drawn by a transfer pump up to settling tanks. Major components of marine boiler burner are motor, fan, pump, wires, among other.

Increasing automation in boiler fuel burning technology such as artificial intelligence (AI), machine learning, big data, and Internet of Things (IoT) technology is making more eco-friendly marine boiler burner which is augmented to fillip the overall value & volume of marine boiler burner sales in the next coming couple of years.

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This Marine Boiler Burner market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Marine Boiler Burner market.

Marine Boiler Burner Market: Dynamics

Increasing vessels fleet coupled with technological advancement in the gas recirculation system is expected to drive the marine boiler burner market over the forecast period. Moreover, most of the marine boiler burner manufacturer are also focusing to improving fuel-to-air ratio, fuel distribution, and thermal load ratios in order to efficiently fuel burning which in turn is expected to accelerate the sale of marine boiler burner market over the slated time period.

Compared to other equipment used for heating and burning applications in marine Boiler Burner are relatively easy to install. Their maintenance remains low-budgeted, even for large-scale manufacturers with flexible expenditure threshold. Moreover, new products being introduced in the global marine boiler burner market are becoming more compact, which is also foreseen provide positive impetus to the global marine boiler burner market over the stipulated time period.

Irrespective of its advantages, single block marine boiler burner is relatively low efficient as compared to double block burner, in turn, hamper the global growth of marine boiler burner market in the assessment period.

Marine boiler burner with low noise levels are being widely preferred. Likewise, key market participants have extended their product lines with inclusion of burners with low noise emission capabilities. Easy installation, low noise level and less mechanical framework are being viewed as key features of almost every marine boiler burner being sold in the global market. Furthermore, manufacturing of such marine boiler burner is becoming cost-effective, which makes them more economical with respect to price-to-power ratio.

Marine Boiler Burner Market: Regional Outlook

Western Europe is expected to grow with sizable share in the global marine boiler burner market owing to rising marine trade activities. Latin America are also projected to grow with significant growth rate owing to significant amount of goods transported through online which in turn rising the need of carriers of vessels is indirectly fillip the sales of marine boiler burner market over the slated time period.  Middle East &Africa region is projected to grow with addressable growth rate in the global marine boiler burner market due to increase in the figures for oil tankers and offshore vessels, which can be a prominent marine boiler burner market growth engine in te region over the stipulated time period.

Marine Boiler Burner Market: Key Participants

Global marine boiler burner market is characterized as consolidated owing to relatively less number of manufacturer of marine boiler burner. However, some of the market participants in the Marine Boiler Burner market identified across the value chain:

  • Weishaupt Group
  • SAACKE Group
  • Volcano Co., Ltd.
  • Oilon Group Oy
  • Burner Automation Rotterdam
  • Filter AS
  • CO.,LTD.
  • Zeeco, Inc.

The research report on the Marine Boiler Burner  market presents a comprehensive assessment, and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. The Marine Boiler Burner market report also contains projections using a suitable set of assumptions and methodologies. The report provides analysis and information according to market segments such as geography, vehicle type, technology, material, install position, sales channel, and distribution channel.

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The report covers exhaustive analysis on:

  • Marine Boiler Burner Market Segments
  • Marine Boiler Burner Market Dynamics
  • Marine Boiler Burner Market Size
  • New Sales of Marine Boiler Burner
  • Current Trends/Issues/Challenges in the Marine Boiler Burner Market
  • Competition & Companies Involved in Marine Boiler Burner
  • New Technology for Marine Boiler Burner
  • Value Chain of the Marine Boiler Burner Market

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 global Marine Boiler Burner market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Demolition Equipment Market – Dominance of the Leading Companies Over the Global Industry

Demolition equipment is used destroy old constructed building through cutting of concrete slab, beam and steel rod. These demolition equipment is used with construction machines such as Backhoe Loaders, Material Handlers, , Hydraulic Excavators, Multi Terrain Loaders, Track Loaders, Skid Steer Loaders, Track-Type Tractors, , among others, as part of attachment or individual remotely operated.

Moreover, for cutting or breakdown of high rise building, long heighted demolition equipment are attached with vehicles to effectively cut the concrete walls, pillar, etc. In addition, demolition equipment is also used to separate metal wastages from wastage’s stockpile for scrap recycling purpose.

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In developing several countries, the regional governments are taking steps forward to make smart cities and town centers, to accomplish the aim, the government is doing renovation in some cities to construct new building and also collapsing very old building by the use of demolition equipment.

Demolition Equipment Market: Dynamics

Growth in construction industries coupled with substantial initiatives towards break down of very old and useless multistory building is expected to drive the demand for demolition equipment over the coming span of the years. Furthermore, increasing number of smart city and smart building projects are also anticipate to fillip the demand for demolition equipment in the coming years.  In some of the regions, some are into illegal construction of properties at government places. Therefore, the government is destroying those building by the use of demolition equipment which in turn is expected to spike the demand of demolition equipment over the coming decades.

Irrespective of demolition equipment’s advantages, it is associated to high cost. Therefore, to purchase demolition equipment the basic requirement is of funds which in turn may create headwinds in the sales growth in the demolition equipment market over the forecast period.

Now a days, advent of remotely operated demolition equipment are gaining fresh traction in the global demolition equipment market which are more powerful and can cut the concrete slab with high accuracy.

Demolition Equipment Market: Regional Outlook

Asia pacific region is expected to hold considerable value share in the global demolition equipment market owing to increasing smart building projects coupled with rising urbanization. Europe is expected to be the second largest market for demolition equipment due to rising awareness light weight and high shock absorbing building structure which in turn shape the demand for demolition equipment in the coming years.

North America is projected to grow with addressable growth rate in the demolition equipment market due to increasing safety concerns towards multistory buildings therefore the government is making new building for various application such as residential, educational, among others. Middle East and Africa is also expected to gain relatively moderate traction in the demolition equipment market.

Demolition Equipment Market: Key Participant

Some of the market participants in the Demolition Equipment market identified across the value chain:

  • Hitachi Construction Machinery Co., Ltd.
  • Komatsu Europe International N.V.
  • Kobelco Construction Machinery Europe B.V.
  • Hughes &Salvidge Limited
  • AB Volvo
  • Atlas Copco (India) Ltd.
  • Caterpillar
  • McClung-Logan Equipment Company, Inc.
  • Brokk UK Ltd
  • BAUER Equipment India Pvt. Ltd (BEI)
  • Soosan USA, Inc.
  • Company Wrench
  • Hyundai Construction Equipment India Pvt. Ltd.

The research report on the Demolition equipment market presents a comprehensive assessment, and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. The Demolition equipment market report also contains projections using a suitable set of assumptions and methodologies. The report provides analysis and information according to market segments such as geography, vehicle type, technology, material, install position, sales channel, and distribution channel.

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The report covers exhaustive analysis on:

  • Demolition equipment Market Segments
  • Demolition equipment Market Dynamics
  • Demolition equipment Market Size
  • New Sales of Demolition equipment
  • Current Trends/Issues/Challenges in the Demolition equipment Market
  • Competition & Companies Involved in Demolition equipment
  • New Technology for Demolition equipment
  • Value Chain of the Demolition equipment Market

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

Demolition Equipment Market: Segmentation

By Product Type, Demolition Equipment Market can be segmented as:

  • Buckets
  • Grapples
  • Hammers
  • Multi Processors
  • Pulverizers
  • Shears

By Equipment Weight, Demolition Equipment market can be segmented as:

  • 20-50 Tons
  • 50-100 Tons
  • More than 100 Tons

By End Use, Demolition Equipment Market can be segmented as:

  • Construction
  • Mining
  • Road Engineering
  • Government & institutional

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the Demolition equipment market
  • In-depth Demolition equipment market segmentation
  • Historical, current, and projected Demolition equipment market size in terms of volume and value
  • Recent industry trends and developments in the global Demolition equipment market
  • Competitive landscape
  • Strategies of key players and products offered in the global Demolition equipment market
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on Demolition equipment market performance
  • Must-have information for market players in Demolition equipment market to sustain and enhance their market footprint

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Dairy Machines Market – Key Players & Growth Strategies Adopted by Them | FMI

The global dairy machines market is estimated to growth at a CAGR of around 6% to 7% during the forecast period 2022-2032. The processing machine is expected to emerge as a highly remunerative segment, accounting for sales of more than US$ 10 Bn by 2022. The segment is anticipated to surpass a valuation of US$ 15 Bn by the end of 2032, projecting growth at a CAGR of 5% to 6% between 2022 and 2032.

Dairy Machines used in the storage and transportation of dairy products include refrigeration machines, such as freezers, coolers, chillers, etc. These refrigeration Dairy Machines can be fixed or mobile or even truck mountable. Dairy Machines used in the production and processing of milk and milk products include equipment, such as milking machines (milk extraction machines), separators, pasteurizers, dryers and evaporators, separators, filtration machines, homogenizers, etc.

Dairy Machines, such as automatic mild vending kiosks and machines, are also available and find applications in various consumer shopping destinations. Dairy Machines used for packaging include milk pouches, cans and other packing machines.

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Considering these aspects of the Dairy Machines, the study of the trends and forecasts of the Dairy Machines market becomes an important read.

The Dairy Machines market is witnessing high demand as operators in the dairy industry are slowly but surely moving towards increasing automation. Key benefits, such as improved yields, faster processing times, enhanced product quality, better control over production and cost savings, are driving more and more players in the dairy industry market towards the use of Dairy Machines. This will open new opportunities for the vendors in the Dairy Machines market. With increasing population and improved spending power in developed as well as developing world, the demand for dairy products is increasing at a robust pace, thereby directly helping the Dairy Machines market growth.

Since milk and most milk products are perishable in nature, Dairy Machines are being increasingly used to store products for longer time, whilst maintaining the product quality. Also, with growing global trade, dairy products are being exported and imported over distances that are unprecedented in nature. In addition to improved transportation methods, long distance trade has become possible because of Dairy Machines, such as refrigeration equipment. Milk and milk products are extremely sensitive to contamination, such as bacterial growth, and hence, Dairy Machines are used for handling of products that must be of highest quality. Due to the highly fragmented nature of the dairy industry in general, the diary machines market is also highly fragmented with domination of local and regional players in respective regional markets. Only a few players with global presence and global market share exist in the Dairy Machines market.

Regional Outlook

The Dairy Machines market is projected to grow steadily during the next decade, given the increasing demand for diary process automation, particularly in the organized dairy sector. Asia Pacific is projected to be a highly significant region for the Dairy Machines market, with around 60% of the world’s population in the region and consequently massive demand for dairy products. There has been urbanization in the region at an unprecedented scale in the past couple of decades, which has altered the lifestyle of the population. The Dairy Machines market in the region is projected to benefit from the rapid increase in demand for processed dairy products, such as cheese and butter, apart from packed milk.

Europe and North America are also key markets for Dairy Machines, given the high proportion of organized dairy sector in these regions. Moreover, the stringent safety and product quality regulations for dairy products in Europe and North America are also expected to help push the demand growth of the Dairy Machines in these regions. India, China, UK, USA, Germany, New Zealand, etc. are some of the key countries in the global Dairy Machines market.

The report covers exhaustive analysis on:

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

Regional analysis includes:

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

The Dairy Machines market 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 Dairy Machines market report also maps the qualitative impact of various market factors on market segments and geographies.

Market Participants

Some of the market participants identified across the value chain of the Dairy Machines market are:

  • SPX Corporation
  • Tetra Laval International S.A.
  • Alfa Laval
  • A&B Process Systems
  • Scherjon Equipment Holland B.V.
  • Van den Heuvel Dairy & Food Equipment
  • Lekkerkerker Dairy & Food Equipment
  • Arumand Steel Industries
  • Waikato Milking Systems
  • Food Machinery Limited

The research report on Dairy Machines 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 Dairy Machines research report provides analysis and information according to market segments such as geographies, application and industry.

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By Segment:

On the basis of type, the Dairy Machines market can be segmented as:

  • Production Machines
  • Processing Machines
  • Packaging Machines
  • Storage & Transport Machines
  • Point of Sale Machines

On the basis of sector type, the Dairy Machines market can be segmented as:

  • Organized Dairy Sector
  • Unorganized Dairy Sector

Smart Factory Market is Surge from a Valuation of US$ 127.2 Bn in 2022 to US$ 288.1 Bn by 2030

The Smart Factory Market is anticipated to soar at a stellar CAGR of 10.8% and surge from a valuation of US$ 127.2 Bn in 2022 to US$ 288.1 Bn by 2030. Witnessing stupendous growth in the recent past, smart factory projects have been performing well on the back of the rising adoption of analytics and cyber security tools. The global smart factory market value surpasses US$ 127.2 Bn in 2022. A new Future Market Insights (FMI) study has projected solid double-digit growth for the market during the forecast period, 2022 – 2030.

The worldwide coronavirus (COVID-19) pandemic has triggered a considerable downturn across industries, particularly the smart factory market. The deployment of smart technologies could be beneficial in breaking the pattern of the virus. However, the massive slowdown in the manufacturing sector, especially in Asia, has strained economic activities across various industrial domains.

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Key Takeaways of Smart Factory Market Study

  • Software demand will grow at a significant CAGR throughout the forecast period.
  • Among software components, distributed control systems hold a leading market share as they are widely used in factories for monitoring and controlling various processes.
  • Discrete industry remains key revenue generator in smart factory market and would maintain the trend through 2030.
  • Business partnerships help increase revenue, and new innovations in IT domain are enabling smart factory solution providers reach new potential customers, globally.

Industry 4.0 and Technological Advancements Boost Adoption of Smart Technologies

Advantages such as cost efficiency and enhanced productivity have led to upsurge in adoption of smart factory technologies. In addition, technological advancements have diminished the boundaries between the digital (cyber) and physical factory infrastructure. Intelligent interconnected systems seamlessly support activities along the entire value chain in factories.

Governments worldwide are promoting and supporting the Industry 4.0 revolution. Further, they are encouraging entrepreneurs and small & medium enterprises (SME) to create innovative products by using robotics, AI and big data analytics.

A comprehensive view of the smart factory market reveals that the market is escalating at a significant rate owing to growing demand for real-time analytics to deliver personalized ads.

Impact of COVID-19 on Smart Factory Industry :

The worldwide coronavirus (COVID-19) pandemic has triggered considerable downturn across industries, particularly smart factory market. Vision guided robots play an important role to support fight against the COVID-19 outbreak. Leveraging machine vision technology and robotics can be a significant solution to prevent spread of coronavirus and help people to fight against the pandemic. But the pandemic has forced lockdowns across various countries in Asia, such as China, Japan, South Korea, India, Philippines and others.

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Competitive Landscape

Smart factory companies are investing in the research and development of smart manufacturing technologies that utilize industrial IoT components to maximize productivity and efficiency.

  • In January 2022, Neurala, a leading vision AI software company, announced the launch of its new detection technology that is aimed at improving quality inspection at smart factories. Manufacturers are aiming to optimize their smart manufacturing lines via such innovative solutions and technologies.

Some Key Players Are :

  • ABB Ltd.
  • Siemens AG
  • Schneider Electric SE
  • Rockwell Automation Inc.
  • General Electric Company
  • Johnson Controls International PLC
  • Yokogawa Electric Corporation
  • Honeywell International Inc.

Key Segments Of Smart Factory Industry Survey

Smart Factory Market by Component :

  • Smart Factory Hardware
  • Smart Factory Software
  • Smart Factory Services

Smart Factory Market By End User :

  • Discrete Industry
  • Process Industry

Smart Factory Market By Industry Vertical :

  • Smart Factories for Automotive
  • Smart Factories for Aerospace & Defence
  • Smart Factories for Electrical & Electronics
  • Smart Factories for Food & Beverages
  • Smart Factories for Energy & Utilities
  • Smart Factories for Healthcare & Pharmaceuticals
  • Others

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About Us

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 8-years.

Contact Us:
Future Market Insights,
Unit No: 1602-006,
Jumeirah Bay 2,
Plot No: JLT-PH2-X2A,
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Dubai,
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For Sales Enquiriessales@futuremarketinsights.com
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Crude Heater Market – Major Revenue Gains are Expected by 2032 | FMI

crude heater is considered to be a key element of the refinery industry. In order to ensure well maintained and efficient operations in an oil and gas industry, plant managers equip their facilities with advanced, reliable, and durable industrial heating equipment. Crude heaters are required to heat crude oil prior to the first stage of compression. Crude heaters are used to ensure better separation properties as well as improve the fluidity of the crude oil.

Crude heaters also help in reducing the viscosity of some kinds of crude oils by preheating the material to generate easy flow. Owing to their several important features and benefits, the demand for efficient crude heaters is anticipated to witness significant growth in the near future. This rising demand for crude heaters is expected to significantly contribute in the growth of the global crude heater market over the forecast period.

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Crude Heater Market: Dynamics

The growing demand for efficient and durable crude heaters in the oil and gas industry is considered to be the primary growth driver for the global crude heater market. Owing to the increasing demand for gasoline and fuel, the oil industry is anticipated to witness steady growth in the near future. The continuously increasing demand for refinery products across numerous end-use sectors is a sign for the future demand for high quality crude oil. In order to fulfill the demand for crude oil products, vendors have increased their refinery capacities. For example, in recent years, PDVSA and PETROBRAS have increased their refining capacities. This, in turn, is estimated to propel the demand for crude heaters over the period of forecast.

Manufacturers in the crude heater market have to face some challenges regarding the stringent regulations laid down by governments. In order to reduce VOC (Volatile Organic Carbon) emissions from industries, regulatory legislations laid out by the EU government – REACH (Registration, Evaluation, Authorization and Restriction of Chemicals) – address the production and use of chemical substances such as process oil, and its potential impacts on humans and the environment. The parliaments of other regions such as European nations have banned oil with high content of hydrocarbons, which affects the production of oil in terms of volume, subsequently hindering the growth of the crude heater market.

The ongoing trend gaining momentum in the oil and gas industry is the introduction of the flameless combustion technique by Great Southern Flameless (GSF). This technology was introduced in the glass and steel industry many years before, as both these industries operate at very high temperatures and run at constant steady state conditions, which is considered to be an ideal condition for flameless combustion. The commercialization of flameless fired crude heaters demanded several design features to have a flameless heater operating in the refining environment.

Crude Heater Market: Regional Outlook

Globalization, population growth, and economic changes have not only contributed to the crude oil industry, but have also led to a rise in the standards of oil and gas services. The increasing number of refinery projects in Europe and the Middle East, particularly Russia, Kazakhstan, Saudi Arabia, and many others, is estimated to propel the demand for crude heaters. These nations have huge oil reserves, which, in turn, surges the demand for crude heaters. Further, Asia Pacific is estimated to be a key opportunistic market, due to the setting up of new refineries to meet the growing demand for new units in developing countries. This may positively impact the global crude heater market during the forecast period.

Crude Heater Market: Key Participants

Examples of some of the market participants identified across the value chain of the global crude heater market are:

  • Amec Foster Wheeler
  • Exotherm Corporation\
  • American Heating Company
  • C. Broach Company
  • Thermotech Systems Ltd.
  • Chromalox, Inc.
  • Garcem Engineers

The research report presents a comprehensive assessment of the crude heater 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 the crude heater market segments such as geography, capacity, and type of combustion.

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The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Crude Heater Technology
  • Crude Heater 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 global crude heater market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The global crude heater market report also maps the qualitative impact of various market factors on market segments and geographies.

Crude Heater Market: Segmentation

The global crude heater market has been segmented by capacity and type of combustion.

By capacity, the global crude heater market is segmented as:

  • Less than 50,000 barrels per day
  • 50,001 to 1,00,000 barrels per day
  • 1,00,001 to 250,000 barrels per day
  • Above 250,000 barrels per day

By type of combustion, the global crude heater market is segmented as:

  • Flame Combustion Crude Heaters
  • Flameless Combustion Crude Heaters

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current, and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

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Email Applications Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2030

The email application is mainly used for trading mails; however, it does include various features such as a calendar, task manager, contact manager, note-taking, journal, and web browsing. In addition, these applications are also used as standalone applications and can function with some exchange servers for multiple users in an organization. This can facilitate shared mailboxes and calendars, SharePoint lists, meeting schedules and exchange of public folders.

Nowadays, the on-premises sub-segment dominates in terms of market share of the global email applications market, but with the growing popularity of email applications on cloud-based platforms, this sub-segment is expected to lose market share significantly during the forecast period. The value of the global email applications market is anticipated to witness a CAGR of 5.2% during the forecast period of 2020-2030.

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Key Takeaways of Email Applications Market Study

  • Among the deployment segment, the pubic cloud sub-segment is expected to witness a high growth rate during the forecast period, due to the flexibility and convenience offered by cloud applications.
  • East Asia is expected to create lucrative growth opportunities for players in the email applications market, owing to increasing penetration of email application to manage business connections and profile on social networking websites in the countries of this region.

Increasing Adoption of Email Applications Market amid the COVID-19 Pandemic outbreak

During the COVID-19 crisis, remote working brings productivity challenges and new security risks. Cybercriminals can take advantage of distracted employee email behavior and web browsing behavior. Secure remote workers from the rising volume of COVID-19-themed email threats that impersonate organizations like World health organization (WHO) and centers for disease control and prevention (CDC). According to a leading IT security company Barracuda Networks, there has been a surge in spear-phishing email attacks since January 2020, where they detected more than 9000 phishing emails linked to COVID-19 financial donation subjects, alone in the month of March 2020.

Who are the major companies leading cognitive systems spending market?

Prominent companies in the Cognitive Systems Spending market includes International Business Machines Corporation, Accenture Plc., HP Inc., Microsoft Corp., Intel Corporation, Attivio, Wipro Limited, Cognitive Scale Inc.,  IPsoft Inc. and among others.

More Valuable Insights on Email Applications Market

FMI’s report on the email applications market is segmented into two major sections such as deployment type (public cloud, and on premises), and region to help readers understand and lucrative evaluate opportunities in the email applications market.

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Cognitive Systems Spending Market: Segmentation

The global cognitive systems spending market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to readers.

Product Type

  • Hardware
  • Software
  • Services

Deployment Type

  • Public
  • On-Premise

Technology Type

  • Natural Language Processing
  • Machine Learning
  • Automated Reasoning

By Verticals

  • Banking
  •  Education
  •  Government
  •  Healthcare
  •  Insurance
  •  Manufacturing
  •  Securities and Investment Services
  •  Telecommunicati-ons

By Region

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • MEA

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

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Thermal Printing Market Outlook, Current and Future Industry Landscape Analysis 2031

Future Market Insights has recently published a market research report on the Global Thermal Printing market. The study presents a detailed analysis of the historical data, wind and future market scenario for the Thermal Printing market. The global Thermal Printing market report is projected to witness positive growth over the forecast period of 2021 and 2031.

The report presents an in-depth analysis of key growth drivers and trends that are likely to impact the market in upcoming years. With the adoption of cloud computing and artificial intelligence, the technology industry is expected to witness healthy growth over the forecast period. Increasing competitive pressure and advanced digital transformation in the area of data analytics and artificial intelligence are likely to improve the growth outlook for the Thermal Printing market in the upcoming decade.

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According to the FMI’s report, Changes in consumer behavior, robust product innovations, and expanding distribution networks continue to influence growth of the Thermal Printing market. FMI’s analysts rely on unique research methods and comprehensive data study of the current and upcoming trends of the Thermal Printing market report and gather data from a wide range of primary and secondary sources.

Demand for thermal printers has seen a significant growth over the past few years. Industries around the globe are increasingly adopting thermal printing solutions to optimize day-to-day operations, improve product identification & inventory, and prevent costly errors. The demand is especially high in the retail, transportation, and logistics industries. According to Future Market Insights (FMI), thermal printing market will surpass US$ 11.80 Bn in 2021, thanks to rapid expansion of the retail industry and high spending on improving industrial infrastructure.

The retail industry is the largest end user of thermal printing technology, it uses specialist point-of-sale POS printers designed for delivery of transaction receipts mostly to consumers. Receipt papers are direct thermal media in the lowest, but adequate, thermal grades. The industry uses both manned check-out and increasingly automated self-check-out systems. Thus, there are significant untapped growth opportunities for the thermal printing market across various geographies.

The global thermal printing market is estimated to register a CAGR of over 7.1% during the forecast period of 2021-2031.

Key Takeaways: Thermal Printing Market

Rising at above 7% CAGR between 2021 and 2031, the thermal printing market will register impressive growth through forecast period Presence of a thriving retail sector will continue driving the U.S. market, enabling it to account for over 86% sales in North America Increasing demand in healthcare, retail, and other industries will enable the U.K. market to register over 5% y-o-y growth in 2021 Germany and France are expected remain highly lucrative markets for thermal printing sales in Europe Focus on digital transformation has been enabling sales in China, while Japan and South Korea remain lucrative markets within East Asia

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COVID-19 Impact Analysis on Thermal Printing Market

Businesses are facing the reality and adjusting the business model to account for the effects of COVID-19 pandemic. For ensuring the business continuity plans businesses are adopting advanced technologies and various solutions to run their business smoothly. The disruption caused in the global supply chain has forced companies to look at technologies, which allow for remote manufacturing capabilities without the need for investment in large areas, as such, printing. During the pandemic, many retailers tried to optimize their online sales processes using e-commerce platforms.

Thus the market experienced a drop in growth in 2020, however it is anticipated to gain back its momentum by 2021.

Who is Winning?

Top players in the thermal printing market hold a major portion of the market share. Moreover, various key players in the market strive to enter partnerships and collaborations with local and regional players in order to improve their geographic footprints.

In April 2019, STAR MICRONICS CO., LTD. entered into a partnership with Kiosk Group, Inc., a provider of hardware and software solutions for kiosk headquartered in the U.S. According to the partnership, Kiosk Group supports the Star Micronics’ mPOP, TSP654II, TSP743II, TSP847II, and TSP143IIIU thermal printer models through Kiosk Pro Enterprise solution, which provides customers with an easy and reliable way to complete transactions with printed receipts.Some of the key players in the thermal printing market are Honeywell International Inc., Fujitsu Ltd., HP Development Company, Zebra Technologies Corp., Seiko Epson Corporation, and Toshiba Tec Corporation.

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Key Segments Covered

Printer Type:

  • Barcode Printer
  • POS Printer
  • Kiosk & Ticket Printer
  • RFID Printer
  • Card Printer

Printing Technology:

  • Direct Thermal
  • Thermal Transfer
  • Dye Diffusion Thermal Transfer

Format Type:

  • Industrial
  • Desktop
  • Mobile

Industry:

  • Retail & Wholesale
  • Transportation & Logistics
  • Healthcare
  • Travel & Hospitality
  • Media & Entertainment
  • Manufacturing
  • Government
  • Others

Region:

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

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

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Internet of Everything Market Innovations, Technology Growth and Research 2022 – 2030

The Internet of Everything (IoE) Market is expected to witness moderate growth, registering a 15.2% CAGR during the forecast period (2022-2030) and projected to reach US$ 1,074.1 Bn in 2022 and US$ 3,335.1 Bn by 2030

Vineet Kumar, a consultant at FMI, said, “Proliferation of connected devices, increased technology budgets by leading countries such as Finland and Singapore, and rising uptake of ICT goods, particularly in the Asia-Pacific region, will accelerate the growth of the global IoE market.

Further, explosion of big data and a growing need for enhanced customer experience in public, telecom and media, and banking, financial services and insurance (BFSI) sectors are likely to increase the adoption of IoE solutions and technology in the near future”.

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This report includes two segments, namely, business to business (B2B) IoE components and IoE verticals. B2B IoE components are further sub-segmented into intelligent systems, infrastructure enablement spending, and services enablement spending.

Among all the aforementioned sub-segments, intelligent systems accounted for more than 80% of the global IoE market share in 2013; however, this is expected to decrease by 620 BPS by 2020. The global IoE market can also be segmented into consumer and B2B verticals. IoE B2B segment growth is 1.1 times of the IoE consumer segment’s CAGR in 2020.

This report also covers eight types of B2B IoE verticals in the global IoE market. Among the B2B IoE verticals, manufacturing and public sectors dominated with over 50% share of the global market in 2013. However, the healthcare sector is anticipated to exhibit the fastest CAGR of 20.6% during the forecast period, followed by the utility sector. Improved eHealth delivery has contributed to the increased uptake of IoE solutions in the healthcare sector.

Competitive Landscape

Collaborations and partnerships with key players and acquisition of niche players are key strategies followed by leading Internet of Everything providers in the market. The global IoE market is fragmented in nature, which remains a key factor in its dynamic competitive nature.

For instance,

  • In March 2021, Oracle released enhancements to its existing Oracle Fusion Cloud Supply Chain and Manufacturing platform. Further updates include IoT Production Monitoring Capabilities and IoT Asset Monitoring that will enable customers to monitor the key characteristics of their assets.
  • In February 2021, Siemens, Red Hat, and IBM released a Hybrid Cloud initiative that will increase the real-time value of Industrial IoT data.

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Internet of Everything Industry Survey

IoE Market by Component:

  • IoE Hardware
  • IoE Software
  • Services

IoE Market by Network Technology:

  • Wi-Fi
  • Bluetooth
  • NFC
  • Others

IoE Market by Application:

  • Smart Homes
  • Mobile & Wearable Devices
  • Connected Cars
  • Smart Cities
  • Others

IoE Market by Vertical:

  • BFSI
  • Manufacturing
  • Transportation & Logistics
  • Healthcare
  • IT & Telecom
  • Retail
  • Energy & Utility
  • Others

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IoE Market by Region:

  • North America IoE Market
  • Latin America IoE Market
  • Europe IoE Market
  • East Asia IoE Market
  • South Asia & Pacific IoE Market
  • Middle East and Africa IoE Market

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 8-years.

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Enterprise A2P SMS Market Estimations: USD US$ 100.10 Billion by 2028 | Report by FMI

The Enterprise A2P SMS Market demand is projected to reach US$ 73.4 Billion in 2022 and US$ 100.10 Bn by the end of 2028, the market is anticipated to increase at 5.3% CAGR between 2022 and 2028. The global market for enterprise A2P SMS is positively fragmented with the presence of a plethora of players striving to stay ahead in the game. The low scope of product differentiation is also intensifying the competition among the current players.

The latest insights reveal that the strategies applied by the market players do not follow a specific status quo. The strategies range from mergers and acquisitions to the adoption of new technologies, product launches, and market expansion.

In spite of the robust trend of online messaging apps, several consumers in the developing regions still employ SMS as their primary source of digital communication. According to the report, marketers are not oblivious to this fact and are thereby using A2P SMS services for boosting their marketing efforts and reaching out to a wider customer base.

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Not only are private organizations taking leverage of this service, governments across developing countries are using it to communicate key information regarding policies and regulations with their citizens.

The growing pervasiveness of enterprise A2P SMS is the next generation of technological advances which will be one of the core points of interaction in both the B2B as well as B2C sectors.

Hybrid Cloud-based Messaging Platform and 2FA to Surface as a Principal Trend

Messaging solution providers in this market offer multi-channel cloud-based mobile marketing platforms for creating SMS campaigns and push messaging. This also allows marketers to send messages virtually to each mobile device utilising push notifications, email, SMS, outbound dialling, IP messaging, and social media channels. These solutions increased the scalability to marketers.

Companies offering these solutions include Vibes, mGage, Fastsms, LLC, and Mblox, Inc. On the other hand, SMS-powered two-factor authentication or 2FA is an effective and efficient tool that requires users to enter a password along with the short code delivered through SMS to a handset. This supplementary authentication method offers a more secure user experience and is poised to progress steadily over the years ahead.

Spam Messages to Act as a Roadblock in Market Progression

Phishing, spam, spoof and malware transmitted via the mobile messaging system negatively impacts subscriber trust, weakens brand loyalty and intensifies the operating costs as well. Mobile spam affects the revenue and brand value of operators, advertisers, app developers, subscribers, and device manufacturers. According to analysts at Future Market Insights, this factor is expected to act as a major roadblock in the growth of the global enterprise A2P SMS market in the long run.

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Enterprise A2P SMS Market by CategoryTool:

  • Cloud API Messaging Platforms
  • Traditional &Managed Messaging Services

Application:

  • Pushed Content Services
  • Interactive Services
  • Promotional Campaigns
  • Customer Relationship Management (CRM) Services
  • Others

End User:

  • BFSI
  • Gaming
  • Travel & Transport
  • Health & Hospitality
  • Retail
  • Others

Region

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

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 6-years.

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