Valeryl Chloride Market | Key Players, Applications, Outlook, SWOT Analysis And Forecasts By 2032

Valeryl chloride is extensively driven by pharmaceutical and agrochemicals sectors. Aging population and advancement in the healthcare has led to increase in demand of better pharmaceutical products.

Increasing general awareness amongst the general population has increased the demand for medicine for better physical and mental health, this all drives the valeryl chloride at a steady rate over the forecast period.

Increasing population have led to increase in the demand for better agrochemicals for faster and quality production. Advancements in agrochemical sectors is estimated to increase in demand of valeryl chloride.

Valeryl Chloride Market: Regional Outlook

North America and Europe have established a dominant presence in the pharmaceutical market. U.S. being a key player in the pharmaceutical market because of the higher attractiveness of pharmaceutical industry for a wide range of customers with low levels of prize regulations, has always been a very positive market for pharmaceutical products, which in turn will drive the valeryl chloride market over the forecast period.

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North America and Europe will witness a steady growth in the valeryl chloride market over the forecast period. In the Asia-Pacific region countries such as China and India have observed steady growth in the pharmaceutical and agrochemicals industries, which will propel the valeryl chloride market over the coming years.

Government initiatives for better medical and health care have also pushed the valeryl chloride market positively. Agrochemicals extensively will drive the market of valeryl chloride, Asia-Pacific holding a dominant share in this sector with increasing agricultural activities, leading to manufacturing of pesticides, crop protecting agents among others.

Positive agricultural activities in Latin American countries such as Brazil, Colombia will keep witness a steady valeryl chloride market. Investments of multiple pharmaceutical companies in Middle-Eastern companies and Africa holds the region a potential market for valeryl chloride, for now it will stays stagnant.

The key players of Valeryl Chloride are:

Shiva Pharmachem, Omega finechem Pvt. Ltd., Zibo Shanqiang Plastic Co., Ltd., Chemicalland21, Tejraj Bros, Dev Enterprise, BASF SE, CABB Chemicals, Hangzhou Fanda Chemical, Jiangsu Baichang Pharmaceutical, Leonid Chemicals, Shandong Jiahong Chemical, Jinnan Fufang Chemical, Lianfeng Chemicals among others.

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Key Segments Profiled in the Valeryl Chloride Market Survey

By Purity:

  • 98%
  • 99%
  • Others

By Application:

  • Pharmaceuticals
  • Agrochemicals
  • Fragrances
  • Electronics
  • Others

The Valeryl Chloride 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 Valeryl Chloride market attractiveness as per segments. The report also maps the qualitative impact of various market factors on Valeryl Chloride market segments and geographies.

North America and Europe have established a dominant presence in the pharmaceutical market. The U.S. is a key player in the pharmaceutical market because of the higher attractiveness of the pharmaceutical industry for a wide range of customers with low levels of prize regulations.

It has always been a very positive market for pharmaceutical products, which will drive the sales of valeryl chloride in the regional market over the forecast period. North America and Europe will witness steady growth in the demand for valeryl chloride over the forecast period.

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Tallow Amine Market | Global Industry Analysis, Size, Share, Growth, Trends And Forecast by 2032

Tallow amines represents the wide range of non-ionic surfactants derived from animal fats i.e. tallow. Tallow is a hard fat is comprised of glyceryl esters of oleic, palmitic, and stearic acids. Tallow amines are hydrophilic surfactants with a weak ammonia smell.

Tallow amines are immiscible in water, and are easily dissolved in alcohols, chloroforms, benzene, and ethers. Animal fats are hydrolyzed to give mixture of fatty acids mainly comprised of palmitic, oleic, linoleic and myristic. These fatty acids are converted into amines by nitrile process.

Tallow amine is finding various applications in numerous industries. Tallow amines are widely used as cationic collector in mining industry, as an emulsifier and wetting agent in agrochemicals formulation. Tallow amines are also used as additives in fuel and lubricants.

They are used as an additives in fuel & lubricants as well as dyes & pigments. Tallow amines are also used as corrosion inhibitors and thickeners for many industrial applications.

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Tallow amines are also finding its application is soaps formulation and leather dressing. In certain regions and countries such as France, there are regulations and bans being imposed on the tallow amine due to the uncertain health risks.

Tallow Amine Market: Dynamics

Changing farming techniques and advancement of the farming technology has reshaped the agriculture industry. Rapidly growing population has fueled the agricultural production across the world. Advancement of technology and agriculture science there is rise in the adoption of agrochemicals.

The up surging demand for high productivity or high agricultural yield is boosting the demand for agrochemicals, rising demand for agrochemicals will drive the growth of tallow amine market.

In this rapidly growing modern industrial there is substantial advancement in the technology and industrial activities. Advancement of technology is boosting the demand for efficient fuels and lubricants, growing demand for fuel and lubricants will positively influence the tallow amines market.

Rising urban population and increasing GDP growth has increased the construction activities and infrastructure spending, Increasing demand for asphalt boost the growth of tallow amine market. Growing Textile as well as Paints & Coatings industry will have a positive impact on the tallow amine market.

Rapid industrialization across the globe is increasing the mining and exploration activities around the world, growth of mining industry will fuel the demand for tallow amine. Increasing number of regulations and imposition of ban on certain types of tallow amine in certain regions will hamper the growth of tallow amine market.

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Tallow Amine Market: Regional Outlook

Agrochemicals and dyes & pigment production activities are growing in the Asia Pacific region. Also, in Asia Pacific there is significant rise in construction activities and infrastructural development, especially in the developing countries such as China & India.

Rising mining activities coupled with above factors is estimated to make Asia Pacific a prominent market region for tallow amine market. Despite being the matured market Europe and North America can be considered as potential market regions owing to increasing demand for fuel & lubricants, dyes & pigments and rising construction activities.

The regions of Africa are very rich in terms of natural resources reserves and there are several countries in Africa which have untapped natural resource reserves, owing to which there is substantial number of mining activities ongoing in Africa, also there is rise in the number of agrochemical industry in the regions such as Middle East and Africa, owing to which Middle East and Africa can be considered as promising market for tallow amine.

Tallow Amine Market: Key Participants

Examples of some of the market participants operating in the global Tallow Amine market are:

Kao Chemicals, Oriental Union Chemical Corporation, SINO-JAPAN CHEMICAL CO.,LTD.,JiangYin HuaYuan Chemical Co.,Ltd., Lantian Finechem, Shandong paini Chemical Co., Ltd., Shandong Kerui, Prasol Chemicals Pvt Ltd., and Huntsman International LLC among others.

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The Tallow amine market research report presents a comprehensive assessment of the Tallow amine 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 Tallow amine market research report provides analysis and information according to Tallow amine market segments such as geographies, application and industry.

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Automotive Semiconductor Market – Dominance of the Leading Companies Over the Global Industry

The global automotive semiconductor industry is currently valued at $54.9 billion and is expected to reach $94.99 billion by the end of 2030. From 2022 to 2030, it is anticipated that shipments of automotive semiconductors would grow at a CAGR of 7.1 percent.

Automotive Semiconductor Market Size (2022) US$ 54.9 Bn
Market Value Estimation (2030) US$ 94.99 Bn
Global Market Growth Rate (2022-2030) 7.1% CAGR
Dominant Application Share (2022) Safety – 24.2%

The automotive semiconductor market is growing remarkably quickly. Future Industry Insights (FMI) projects that the global automotive semiconductor market would expand at a 7.1 percent CAGR between 2022 and 2030, notwithstanding the difficulties brought on by the continuing pandemic. The market for automotive semiconductors is anticipated to reach US$ 54.9 billion in 2022 and US$ 94.99 billion in 2030. The top market participants want to take advantage of the growing demand for electric vehicles and technological safety features like the Advanced Driver Assistance System (ADAS).

Based on historic research and current data, the market is forecast to showcase steady growth as a result of the rising demand for electric vehicles, automotive safety standards and modern automotive technologies across various countries.

While the market growth is accelerating quite steadily, the COVID-19 pandemic has impacted the manufacturing sectors. However, despite disruptions witnessed in production, market players are expected to focus on research initiatives, which will enable growth in the market in the coming years. For instance, Broadcom Inc. has come up with a wide variety of automotive solutions like vehicle connectivity and networking, optical isolation and sensing, wireless communications and LED lighting in the current year.

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According to the report, the increasing production of vehicles and surging demand safety features have been resulting in the incorporation of electrical systems in the automotive industry. The overall growth curve of the market tends to remain upward during the forecast period.

Some of the key takeaways from the report are highlighted below:

  • The global automotive semiconductor market will grow steadily at a CAGR of 7.0% during the forecast period of next ten years (2020 to 2030)
  • Passenger vehicles to continue leading the market among vehicle type-wise segments
  • The market value of the automobile semiconductors for the applications such as body, safety, power train and others to experience an overall growth by 7.0% CAGR during the forecast period
  • The automobile semiconductors for the micro-components (processors) to remain the dominant component of the global automobile semiconductor market. As per the research, the segment is about to gain an accelerated growth of 7.0 % CAGR during the forecast period (2020-2030)
  • Region-wise Europe and South East Asia to exhibit the highest growth. North America and Latin America to hold the leading market position

Covid-19 Impact Analysis

Due to the COVID-19 pandemic there is global decline in the automotive demands as a result of the manufacturing units’ shutdowns, drop in GDP and other factors. The market growth is to decline further in the upcoming months.

The electrical and digital vehicles being the major source of the automotive semiconductors demands, the global automotive semiconductor market is about to decline by 5% in 2020. Despite of the complete shutting down of the production plants during the lock down, the overall year-to-year growth of the automotive semiconductor market is expected to be 5%-8% by 2021.

Who is winning?

In this report, Future Market Insights has thoroughly researched the various strategies which are being used by major businesses in the automotive semiconductor market. As the unlimited scope and opportunities subsides, the leading market players like Intel Corporation, NVIDIA Corporation, Samsung Semiconductor etc. is taking strategic actions in order to keep them in the top positions globally.

Some of the leading competitors in the global automotive semiconductor market-

  • Intel Corporation
  • Samsung Semiconductors
  • NXP Semiconductors
  • NVIDIA Corporation
  • Broadcom Inc. (AVGO)

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More Valuable Insights on Automotive Semiconductor Market

In its latest report, Future Market Insights offers an unbiased analysis of the global automotive semiconductor market, providing historical data for period of 2015-2019 and forecast statistics for the period of 2022-2030.

Key Segments of Automotive Semiconductor Industry Survey

Automotive Semiconductor Market by Component:

  • Micro Components (Processors)
  • Memory Devices
  • Logic
  • Optical & Sensors
  • Analog ICs
  • Discrete Devices

Automotive Semiconductor Market by Vehicle Type:

  • Automotive Semiconductors for Passenger Vehicles
  • Automotive Semiconductors for Light Commercial Vehicles
  • Automotive Semiconductors for Heavy Commercial Vehicles

Automotive Semiconductor Market by Application:

  • Body
  • Safety
  • Telematics & Infotainment
  • Power Trains
  • Chassis

Automotive Semiconductor Market by Region:

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

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Remote Construction Market – Key Players & Growth Strategies Adopted by Them

The Remote Construction Market is set to enjoy a valuation of US$ 853.2 Mn in 2022, expanding at a CAGR of 14.3% to reach US$ 2.5 Bn by the end of 2030. An increasing number of companies are using modern technologies such as AI and machine learning to analyze project-specific data and get information on whether or other potential disruptions. Steered by the surging penetration of the latest technologies, the remote construction market is expected to grow at an impressive pace.

Remote Construction Market Size (2022) US$ 853.2 Mn
Sales Forecast (2030) US$ 2.5 Bn
Global Market Growth Rate (2022 to 2030) 14.3% CAGR
Share of Top 5 Market Players 50%

Remote construction technology offers a plethora of solutions from helping companies to analyze stock levels, schedules, and weather to enabling them avoid repeating mistakes encountered in previous projects. With the rising demand for accurate insights rising and companies focusing on reducing cost incurred on any project, remote construction technologies are becoming highly sought-after.

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Artificial intelligence and machine learning are not only transforming the way construction companies are executing projects but are intended to create a real impact on daily working conditions for on-site workers.

Several companies have realized the potential of modern technologies and have been forthright in acknowledging process improvements they experienced. For instance in August 2018, Orange Business Services, recognized the potential for leveraging data and thus acquired Basefarm Holding AS, player in cloud-based infrastructure and services.

Through this acquisition Orange Business Services was able to accelerate its growth in cloud computing, Big Data, and artificial intelligence. FMI’s report offers exclusive insights into the market for remote construction.

Some of the key takeaways from the report are highlighted below:

  • Based on application, the remote management segment is forecast to rise by 4.0x of its current market value by the end of 2030
  • The demand for remote construction tools and software is poised to surge exponentially, compelling market players to focus on better usage of analytics for efficient decision-making
  • Among end-use industries, the construction sector is forecast to remain dominant through the course of the forecast period
  • While North America and Europe enjoy dominance, the East Asia market for remote construction is expected to surge at an impressive 17% CAGR between 2020 and 2030

COVID-19 Impact Analysis

The unprecedented COVID-19 outbreak has brought some distinctly valuable experienced under the spotlight. For instance, it has revealed the significance of having the capability to work with any data from any device at any time and from anywhere.

Thus working on a cloud-based remote construction solution with remote accessibility has several advantages. The construction sector has taken a massive hit due to the outbreak of COVID-19. Remote working has therefore emerged as a go-to strategy for companies to continue operations despite restrictions enforced across the world.

By digitizing processes and systems, companies have paved the way for long-term changes within the sector. Governments and various international authorities are supporting the implementation of remote construction technologies as an innovative and creative way of ensuring employee safety and hindrance-free operations.

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Who is winning?

Companies operating in the remote construction market are currently focusing on product launches and strategic collaborations to gain competitive advantage. Some of the leading players in the market are Oracle Corporation, Autodesk Inc., Trimble Inc., Caterpillar Inc., Hitachi Ltd., Giatec Scientific, Inc., Kore Wireless, WorldSensing, CalAmp Corp., among others.

Remote Construction Industry Survey

Remote Construction Market by Component:

  • Remote Construction Solutions
  • Remote Construction Services

Remote Construction Market by Application:

  • Remote Management
  • Construction Management
  • Communications
  • Others

Remote Construction Market by End-use Industry:

  • Construction
  • Energy & Utilities
  • Mining

Remote Construction Market by Region:

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

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More Valuable Insights on Remote Construction Market

In its latest report, Future Market Insights offers an unbiased analysis of the global remote construction market, providing historical data for period of 2015-2019 and forecast statistics for the period of 2022-2030.

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Home Office Spending Market – Major Revenue Gains are Expected by 2030

The Home Office Spending Market is predicted to expand at a remarkable CAGR of 15.7% to close in on a valuation of US$ 25.71 Bn in 2022 and US$ 82.42 Bn by the end of 2030.

Home Office Spending Market Size (2022) US$ 25.71 Bn
Revenue Forecast (2030) US$ 82.42 Bn
Global Market Growth Rate (2022-2030) 15.7% CAGR
Dominant Application Business Productivity (40.1%)

Government efforts associated with the prevention of COVID-19 contagion imply that the home office has stepped up from simply a benefit to a necessity for maintaining the entire operation of businesses and work-related activities. As telecommuting has become mainstream, and subsequently work-from-home (WFH) culture is expected to continue after workplaces resume on large scale, Future Market Insights (FMI), in its recent study, has brought key trends shaping the home office spending market to the fore.

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While remote work software such as virtual reality (VR) conferencing, and mobile work tools will become preferable form of communication – even face-to-face meetings – artificial intelligence (AI) will also play significant role in managing remote staff.

Home Office Spending Market Size Study

  • Home office spending tools currently hold leading revenue share
  • Cloud deployment models to capture greater value share in home office spending market, tentative to 60%
  • Business productivity will remain key application area of home spending solutions
  • Players to eye investment opportunities in North America and Europe, as both regions are test beds for technology innovations

COVID-19 Impact on Home Office Spending Market

With the COVID-19 pandemic showing no signs of subsiding, it has become palpable that work from home (WFH) – or remote working – could be a long-term reality. In order to help customers transform better and embrace WFH lifestyle sleekly, many several companies have granted home office allowance, or relevant facilities such as computers and furniture.

Recent estimates suggest that almost 55% of enterprises worldwide provide certain capacity for remote working, and about 18% of workforce telecommute on regular basis.

Moving ahead, isolation of home offices has created fertile breeding ground for companies to engage telecommuters with online platforms and communities. There is plethora of opportunities to establish connections with the work-from-home community.

Such trends translate into increased demand for home office spending tools and services including, collaboration tools, conferencing software, and security services.

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Home Office Spending Market – Competitive Intelligence

The global home office spending market is characterized by presence of various leading players such as Oracle Corporation, Microsoft Corporation, and Google Inc. As organizations and working professionals are being exposed to COVID-19-induced challenges, these players are stepping up their efforts to provide secured enterprise network solutions. For instance,

  • Microsoft has rolled out new updates for its subscription services – Office 365 – which include 1 TB of OneDrive cloud storage per individual, advanced security features to keep phishing attacks and malware at bay, and 60-min Skype calling on mobile phones and landlines.
  • Oracle has announced free access to its Workforce Health & Safety solution that allows HR executives to trace and record health-related issues among their colleagues (such as confirmed COVID-19 cases), reduce exposure to larger workforce, and take necessary actions quickly.

Home Office Spending Market

Want To Know More About Home Office Spending Market?

A new market research report published by Future Market Insights (FMI) on the global home office spending market report offers comprehensive insights into the market demand trends and analysis of opportunities over the forecast period, 2022-2030. The report examines the home office spending market through four different segments – solution, deployment, application, and region. The home office spending market report also provides extensive assessment of pricing by different key market dynamics, life cycle analysis, and technologies that are being deployed in the development of home office spending solutions and product adoption across several end-use industries.

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Key Segments Of Home Office Spending Industry Survey

Home Office Spending Market by Solution:

  • Home Office Tools
    • Collaboration Tools
    • Conferencing Software
    • VPN Tools
    • Cloud Backup/Drives
    • Remote Desktop Software
  • Home Office Services
    • Security Services
    • Network services
    • Remotely Managed IT Services
    • Support Services

Home Office Spending Market by Deployment:

  • Cloud
  • On-Premise

Home Office Spending Market by Application:

  • Business Productivity
  • Information Security
  • Enterprise Communication
  • Others

Home Office Spending Market by Region:

  • North America Home Office Spending Market
  • Latin America Home Office Spending Market
  • Europe Home Office Spending Market
  • East Asia Home Office Spending Market
  • South Asia & Pacific Home Office Spending Market
  • Middle East & Africa (MEA) Home Office Spending Market

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Digital Risk Protection Platform Market Leaders & Key Revenue Pockets

From 2022 to 2030, the market for worldwide digital risk prevention platforms is projected to grow at a rapid CAGR of 9.8%. The market is currently valued at US$ 946.6 million, and by the end of 2030, it is expected to be worth US$ 1.96 billion.

Digital Risk Protection Platform Market Size (2022) US$ 946.6 Mn
Net Revenue Total (2030) US$ 1.96 Bn
Projected Market Growth Rate (2022-2030) 9.8% CAGR
North America Market Share 28.6%

Recent rapid technology improvements have forced businesses to spend money on intelligent database systems. Cybercriminals now find it simpler to target an organization’s activities and steal its data for financial benefit due to the growing amounts of data collection. Multi-channel convergence and a number of brittle interfaces are the results of digitization. These data breaches endanger the organization’s long-term viability. Consequently, the 21st century has seen a high rate of proliferation of intelligent cyber-security systems.

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Digital Risk Protection Market: Key Takeaways

  • Cloud-based integrated digital risk protection platforms to acquire high popularity, expanding at ~11%
  • North America is likely to emerge as the market hegemon, attributed to high expenditure on security solutions
  • SMEs to gather significant momentum in the forecast period, ascribed to their growing business volumes
  • BFSI to dominate the market in terms of industrial applications. Rising volumes of banking transactions is the chief driver
  • East & South Asia are poised to be the fastest growing regions, attributed to high volumes of digital business operations

COVID-19 Impact Analysis

The COVID-19 pandemic has impacted business in every sector. Social distancing norms are compelling organizations to transition towards digitalization to ensure operational continuity. Adoption of cloud computing platforms and build-your-own-devices to facilitate remote working are becoming highly mainstream.

According to estimates, nearly 3/5th of the organizations have adopted cloud platforms as a new normal. Companies are transforming existing infrastructure into virtual environment, aggrandizing the risk of cyber threats.

Organizations are experiencing cyber threats and security vulnerabilities in remote working. Cybercriminals are leveraging the COVID-19 pandemic scenario to initiate ransomware, phishing emails and data theft attacks to steal confidential information.

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Competitive Intelligence

The digital risk protection platform market is highly fragmented, characterized by the presence of a number of regional players and global corporations. Within the scope of this report, the following companies have been profiled: Proofpoint, Digital Shadows Ltd, FireEye, RSA Security LLC, Axur, Cyberint, RiskIQ and Safeguard Cyber.

The aforementioned market players tend to rely on collaborations, partnerships and product launches in order to stay afloat. In August 2020, for instance, Proofoint partnered SaiPoint to develop a cyber-security solution aimed at safeguarding users’ data in e-mail inboxes. Moreover, end-users can avail secure access to applications without the fear of any malware attacks.

In July 2020, Digital Shadows initiated a new database service enabling organizations to discover possible data breaches by introducing additional capabilities within its SearchLight platform.

Key Segments Of Digital Risk Protection Platform Industry Survey

Digital Risk Protection Platform Market by Solution:

  • Integrated Digital Risk Protection Platforms
    • Cloud Platforms
    • On-premise Platforms
  • Digital Risk Protection Services
    • Integration & Implementation
    • Digital Risk Consulting & Advisory
    • Support & Maintenance

Digital Risk Protection Platform Market by Enterprise Size:

  • Digital Risk Protection Platforms for SMEs
  • Digital Risk Protection Platforms for Large Enterprises

Digital Risk Protection Platform Market by Industry:

  • Digital Risk Protection Platforms in IT & Telecom
  • Digital Risk Protection Platforms in BFSI
  • Digital Risk Protection Platforms in Automotive
  • Digital Risk Protection Platforms in Healthcare
  • Digital Risk Protection Platforms in Manufacturing
  • Digital Risk Protection Platforms in Government
  • Digital Risk Protection Platforms in Education
  • Others

Digital Risk Protection Platform Market by Region:

  • North America Digital Risk Protection Platform Market
  • Latin America Digital Risk Protection Platform Market
  • Europe Digital Risk Protection Platform Market
  • East Asia Digital Risk Protection Platform Market
  • South Asia & Pacific Digital Risk Protection Platform Market
  • Middle East & Africa (MEA) Digital Risk Protection Platform Market

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FMI’s report on the digital risk protection platform market is segmented into four major sections such as solution (integrated digital risk protection platform, and services), enterprise size (SMEs, large enterprises), industry (government, education, manufacturing, automotive, BFSI, healthcare, IT & Telecom, and others) and region(North America, Latin America, Europe, East Asia, South Asia & Pacific, Middle East & Africa) to help readers understand and lucrative evaluate opportunities in the digital risk protection platform market.

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About FMI             

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

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Security Inspection Market Size Predictions : US$ 10.27 Bn by 2030

The market for security inspections is expected to reach US$ 10.27 Billion by the end of 2030, growing at a CAGR of 4.3 percent from its estimated value of US$ 7.33 Billion in 2022.

Security Inspection Market Size (2022) US$ 7.33 Bn
Sales Forecast (2030) US$ 10.27 Bn
Global Market Growth Rate (2022 to 2030) 4.3%
Share of Top 5 Market Players 20%

Companies Profiled in Security Inspection Market are Leidos, Nuctech Company Limited, Smiths Group plc., Rapiscan Systems (OSI Systems, Inc.), EAS Envimet Analytical Systems, C.E.I.A. SpA, Bruker, Unival group GmbH, ADANI, Analogic Corporation, Gilardoni S.p.A., Garrett Metal Detectors, Autoclear, LLC, VOTI Detection Inc., Astrophysics Inc., Safeway Inspection System Limited, Rohde & Schwarz, Liberty Defense, Passive Security Scan, Inc. (Defense Technologies International Corp.), Braun & Co. Limited

DUBAI, United Arab Emirates, April 07, 2022 (GLOBE NEWSWIRE) — Future Market Insights (FMI) has projected the global Security Inspection Market to rise at 4.3% between 2022 and 2030, to reach a valuation of over US$ 10.27 billion. The coronavirus global pandemic has had a severe impact on the aviation industry, and has restricted operations by security personnel in multiple sectors. However, with investments in law enforcement and defense sectors, the sales and adoption of security inspection services and products is expected to remain positive in the near future.

Key Highlights

  • Personnel screening systems remain highly sought-after in security inspection applications to minimize internal threats
  • Aviation sector accounts for greater security inspection product and service adoption through 2030
  • Portable security inspection models continue to generate strong demand over, larger area coverage benefits
  • North America will remain at the forefront of the industry, given the higher risk of terrorism and domestic unrest in the United States

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List Of Key Players Covered in Security Inspection Market are:

  • Leidos
  • Nuctech Company Limited
  • Smiths Group plc.
  • Rapiscan Systems (OSI Systems, Inc.)
  • EAS Envimet Analytical Systems
  • C.E.I.A. SpA
  • Bruker
  • Unival group GmbH
  • ADANI
  • Analogic Corporation
  • Gilardoni S.p.A.
  • Garrett Metal Detectors
  • Autoclear, LLC
  • VOTI Detection Inc.
  • Astrophysics Inc.
  • Safeway Inspection System Limited
  • Rohde & Schwarz
  • Liberty Defense
  • Passive Security Scan, Inc. (Defense Technologies International Corp.)
  • Braun & Co. Limited

“Security inspections provide critical protection against threats such as unlawful and unethical actors against human life and property damage costs. Technologies such as biometric matching, X-ray scanners, and metal detectors, are popular at security checkpoints for optimizing scrutiny processes​,” says analyst at FMI.

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Covid-19 Impact on Security Inspection Market

The coronavirus pandemic has exposed a wide range of sectors to substantial economic uncertainty owing to restricted operations, and strict social distancing guidelines. The security inspection market is witnessing lower demand, particularly in the transport sector. However, tech innovations could potentially generate key growth opportunities.

While physical distancing becoming the norm, institutions using security inspections are displaying interest towards automated systems, and self-service products to minimize touchpoints to minimize human to human interactions.

Consequently, the advancements in AI and data analytics will help in managing the recovery of the end user sectors such as defense and aviation in terms of traffic growth, airport infrastructure, passenger expectations, and changing security threats.

Competitive Intelligence

Some of the key players in the security inspection market include Leidos, Gilardoni S.p.A., Nuctech Company Ltd., Analogic Corporation, Smiths Group plc, ADANI, Rapiscan Systems, Unival group GmbH, EAS Envimet Analytical Systems GmbH, Bruker, and C.E.I.A. SpA. With the competitive nature of the market landscape, product development and launch strategies, and efforts towards regulatory approval are key strategies.

  • The Kylin Ti computed tomography imaging scanner by Nuctech Company Limited has received the European Civil Aviation Conference’s certification of Explosive Detection System for Cabin Baggage (EDSCB) designation.
  • The US Transport Security Administration (TSA) has added the EMIS series electromagnetic cargo screening systems to its official list of Air Cargo Qualified technologies, for potential terrorism threats and to detect contraband and restricted goods.

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Categorization of Security Inspection Industry Survey

Security Inspection Market by Product:

  • Personnel Screening Systems
  • Checkpoint Screening Systems
  • Explosives and Drugs Trace Detection Systems
  • Liquid and Radioactive Substance Monitors
  • Cargo and Baggage Inspection Systems
  • Vehicle Inspection Systems
  • Others

Security Inspection Market by Type:

  • Fixed/Stationary Security Inspection Solutions
  • Portable/Mobile Security Inspection Solutions

Security Inspection Market by Application:

  • Aviation
  • Border Security
  • Correctional Facilities and Law Enforcement
  • Critical Infrastructure Protection
  • Commercial Security
  • Others

Security Inspection Market by Service:

  • Security Consulting Services
  • Installation and Integration Services
  • Maintenance and Repair Services
  • Security Training Services
  • Support Services

Security Inspection Market by Region:

  • North America Security Inspection Market
  • Latin America Security Inspection Market
  • Europe Security Inspection Market
  • East Asia Security Inspection Market
  • South Asia and Pacific Security Inspection Market
  • Middle East and Africa Security Inspection Market

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About FMI             

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

Contact:                        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: 
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Telehealth Software Market – Key Players are Adopting Different Growth Strategies to Maintain Their Global Dominance

The market for telehealth software is anticipated to increase from US$ 6,010 million in 2022 to US$ 14,200 million in 2030, at a CAGR of 15.4%. Nearly 8% of the market for telehealth and telemedicine is devoted to telehealth software.

2022 Market Value US$ 6,010 Mn
2030 Market Value US$ 14,200 Mn
CAGR% (2022-2030) 15.4%
Share of Top 5 Players 20%

The market for telehealth software is anticipated to grow significantly between 2022 and 2030, with a 15.4% CAGR, to reach US$ 14,200 Mn. The use of telehealth software is revolutionising how healthcare is given. Telehealth software enables healthcare professionals to enhance patient care while also enhancing patient outcomes and distant monitoring. It does this by employing wireless connections and electronic consultations.

Hospitals and healthcare systems are setting the standard for others to follow in adopting and expanding via telehealth as a result of the increased use of digital technology to offer healthcare and promote public health. For instance, approximately 76 percent of American hospitals, according to the American Hospital Association, have recently fully or largely implemented computerised telehealth solutions and software.

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With the increasing acceptance of mHealth solutions, the potential for the growth of telehealth software are expected to increase significantly in the upcoming years. Digital technologies are steadily emerging as a significant resource for the improved delivery of health care.

According to research, rising sales of wearable technologies have coincided with high spending on digital healthcare infrastructure. Additionally, the telehealth software market may experience expansion due to the integration and advancement of digital health technologies like the Internet of Things (IoT), augmented and virtual reality (AR/VR), artificial intelligence (AI), and more.

Key Takeaways of Telehealth Software Market Study

  • Cloud-based segment expected to capture around 45% of market share in 2020
  • Healthcare providers are dominating the market with the market share of 85% in 2019, owing to the growing adoption of real-time communication solutions and increased adoption of remote patient monitoring
  • South Asia and Pacific is estimated to grow at a CAGR of 20% in the telehealth software market owing to the continuous investments in digitalizing healthcare infrastructure

COVID-19 Impact Analysis on Telehealth Software Market

The COVID-19 epidemic made it clear that companies needed to immediately adopt remote working solutions, driving them to alter their technical environment to ensure business continuity during the pandemic. As a result, it highlighted how urgently the healthcare industry needs to incorporate digital technologies. Healthcare providers are working on installing and upgrading telehealth software and solutions to improve their capacity to care for a significant surge in patients as the COVID-19 pandemic develops.

The adoption of telehealth software and solutions is helping healthcare providers and payers in avoiding unnecessary visits to healthcare facilities, thus, reducing the exposure to the coronavirus and also in keeping those on the frontlines safe. In addition to this, the demand for cloud-based telehealth software is expected to surge as the demand for real-time communication and remote monitoring is set to increase in coming years.

The telehealth software market grew around 13% Y-o-Y in 2018 and 2019 and with the outbreak of COVID-19, the market is expected to witness a growth rate of around 18%-20% during 2021-2023. Moreover, the telehealth software market is projected to increase 1.4x between 2020 and 2022, owing to the outbreak of COVID-19.

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Competition Landscape Driving Growth through Innovation

Ongoing technological revolution, intense competition, and ever-changing customer expectations are creating a storm in the global telehealth software market, which is compelling solution providers to integrate smart technologies such as AI, IoT, Block chain, and AR/VR. Moreover, collaborations and partnerships with IT solution providers can also help telehealth software solution providers to enhance their market share and customer base.

For instance, in October 2019, American Well and Cleveland Clinic entered into the partnership to offer customers with broad access to healthcare services via telehealth. Together, both the organization formed a joint venture company “The Clinic” which offers the virtual care through American Well’s digital health technology platform.

Some of the key players in the telehealth software market are Aerotel Medical Systems Ltd., Koninklijke Philips N.V., Teladoc Inc., American Well, Chiron Health, Medtronic, Honeywell International, Tunstall Healthcare, AMD Global Telemedicine, Inc., Cisco Systems, Inc., and Medvivo Group Ltd.

Telehealth Software Market Outlook by Category

By Component, Telehealth Software Demand is segmented as:

  • Software
  • Services

By Deployment, Telehealth Software Outlook is segmented as:

  • Cloud-based
  • On-Premises

By End User, Telehealth Software Outlook is segmented as:

  • Healthcare providers
  • Healthcare payers and Patients

By Region, Telehealth Software Sales is segmented as:

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

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About FMI             

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

Contact:                        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: 
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Submarine Cables Market In-Depth Analysis with Booming Trends Supporting Growth and Forecast 2022-2030

The submarine Cables Market is expected to witness moderate growth, registering 4.8% CAGR during the forecast period (2022-2030) and projected to reach US$ 4.38 Bn by the end of 2030

Submarine Cables Market Size (2022) US$ 3 Bn
Sales Forecast (2030) US$ 4.38 Bn
Global Market Growth Rate (2022 to 2030) 4.8%
Share of Top 5 Market Players 58%

During the forecast period of the report, the market is expected to be driven by increased investment in infrastructure for better international communication. Submarine cables are widely used for power transmission in addition to communication transmission.

These cables were developed to transfer the power generated by offshore wind farms to various power plants and countries over island connections. When it comes to communications, these cables are laid along the ocean floor, carrying an astonishing amount of data traffic between countries.

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Submarine cables account for over 90% of data traffic worldwide

Submarine communication cables make up more than 90% of the data traffic generated worldwide. They have an impressive carrying capacity measured in terabits per sector. Since then, these cables have been highly valued by OTT and huge telecommunications providers such as Facebook, Microsoft, Google and Amazon.

They are also considered by most governments to be an essential and important element of the economy. Therefore, different countries have specific regulations governing their markets. Some countries have created safe zones and banned access to cables along the ocean floor, thus protecting potential damage again.

Submarine cable line ownership is becoming more prominent among technology-enabled product and service providers

Increased data traffic is increasing investment in submarine cables. FMI forecasts markets to witness increased investment in regions such as the Middle East, Asia Pacific, Latin America and Europe. Some of the major telecommunications providers are behind the surge in investment recorded in these regions. For example, Amazon’s cables run from the United States to Asia Pacific, connecting countries such as California, Japan, Oregon, and Singapore.

FMI investigates in detail the various factors that influence market growth. It provides deep insight into the market. Some of these are:

  • Europe is expected to dominate the global submarine cable market
  • Increased offshore wind farm activity will increase market investment
  • Huge repair and maintenance costs can hinder growth
  • Barriers to the entry of small businesses will continue, especially as the market is capital intensive.
  • Nevertheless, SMEs are expected to focus on small projects across different regions.

“Although there are some drawbacks, submarine cables are considered a cheaper and more efficient medium for communication between countries. In addition, submarine cables are used for power transmission and will be in the future. It is expected to give momentum to the market in the next few years, “said FMI’s chief analyst.

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Who is winning?

The submarine cable market is characterized by some huge presence, so there is fierce competition. The market is so capital intensive that it offers few opportunities for SMEs. Nonetheless, players in smaller markets are expected to focus on smaller projects because they are floating in a huge competition.

FMI introduces some of the leading companies operating in the market. These include Alcatel-Lucent, Google, NEC, Subcom, NKT A / S, Nexans, Prismian Group and more.

Gain valuable insights into the submarine cable market

Future Market Insights executive-level blueprint for the report’s submarine cable market. It provides sophisticated forecasts of revenue growth seen in different segments. Trends that affect the market trajectory across these segments will also be investigated in detail for the period 2020-2030.

The report studies the global submarine cable market in terms of products to electrical cables, fiber optic cables, hybrid / composite cables, and umbilical cables. Based on the filling type, the market is divided into oil / fluid filling cables and solid filling cables. Based on end applications, the market covers oil and gas, renewable energy, telecommunications, and defense segments. Regionally, the global submarine cable market can be divided into North America, Latin America, Europe, Asia Pacific, Oceania, the Middle East and Africa.

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Key segment:

Product type

  • Electric cable
  • Fiber optic cable
  • Hybrid / composite cable
  • Umbilical cable

Filling type

  • Oil / liquid filling cable
  • Solid fluid cable

End use

  • Oil and gas
  • Renewable energy
  • Telecommunications
  • defense

Region

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Oceania
  • 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.

Contact:                        

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Concealed Weapon Detection Systems Market 2022 – Future Plans and Industry Growth with Quantitative And Qualitative Analysis

It is anticipated that the market for concealed weapon detection systems will increase from US$ 637.8 Mn in 2022 to US$ 1.17 Bn by 2031. From 2022 to 2031, demand for hidden weapon detection systems is projected to grow at a robust CAGR of 6.9 percent.

Concealed Weapon Detection Systems Market Size (2022) US$ 637.8 Mn
Sales Forecast (2031) US$ 1.17 Bn
Global Market Growth Rate (2022 to 2031) 6.9%
Share of Top 5 Industry Players 47%

As public safety is endangered by anti-social groups, there is a significant need for concealed weapon detection systems in the aviation business, the government sector, and commercial places including educational institutions, banks, and retail malls. Terahertz body scanners can recognise and accurately detect hazards that are hidden in bags or beneath a person’s clothes, such as concealed weapons and contraband.

The integration of sensors, imaging technologies, and actuators has made remarkable breakthroughs possible, opening up a profitable market for the sale of concealed weapon detection systems.

In light of the urgent need for security screening with concealed weapon detection at ports and borders amid escalating political unrest, configurable terahertz body scanning systems have been widely used on a global scale.

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The rise of cross-border terrorism and an increasing number of terrorist outfits have given every government a reason to invest in the best and the most advanced concealed weapon detection technologies.

Key Takeaways from Global Concealed Weapon Detection Systems Market Study

  • Transportation infrastructure to remain the leading segment exhibiting a 2.1x growth during the forecast period
  • North America to hold a lion’s share of 41.8% in global concealed weapon detection systems market
  • Terahertz body scanners to remain bullish as technological advancements remain unparalleled
  • Increased product selling prices, amongst established players, to be seen as markets try to recover from COVID-19 pandemic

Integration of High Efficiency Sensing Solutions to Boost Adoption

Rising threats of terrorism targeted at public places for mass attacks have created an urgent need for modern, advanced concealed weapon detectors. Security screening combined with concealed weapon detection solutions are used to detect sly threats and contraband items without any physical interaction between security personnel and the person being screened.

Efficient security screening and weapon detection at high public throughput venues like courthouses, airports, museums, and prisons demands use of high efficiency sensing technologies. This demand for efficient concealed weapon detection is motivating companies to develop and integrate high speed sensors into security screening solutions.

Airports, railway stations, metro stations, national borders and tourist attractions, among other venues, are susceptible to illegal operations and terrorism, which can be tackled by incorporating autonomous and covert sensing resources. The integration of high quality, autonomous sensing equipment is expected to play a major role in propelling the growth of the global concealed weapon detection systems market during the forecast period.

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Concealed Weapon Detection Systems Market

Competition Landscape of Concealed Weapon Detection Market

Concealed weapon detection systems market players are striving to generate new revenue streams by deploying concealed weapon detection systems for new end users operating in market sectors that the company does not usually cater to.

For instance, in August 2019, Smiths Detection Group Ltd. deployed customized X-ray systems with integrated auto-detection software that autonomously detects weapons and explosives, among other contraband. The solution was deployed for a simulated emergency preparedness drill legislated by Land Transport Authority and constituting rail operators at the HarbourFront Station in Singapore.

Key market players are focusing on gaining technological expertise and enhancing their attractiveness in the concealed weapon detection market by acquiring and merging with other key participants in the global security screening technology market. This approach also enables the company to minimize competition on both regional as well as global levels.

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Concealed Weapon Detection Systems Industry Survey

Concealed Weapon Detection Systems Market by Product:

  • Millimeter Wave Body Scanners
    • Active Millimeter Wave Body Scanners
    • Passive Millimeter Wave Body Scanners
  • X-ray Body Scanners
    • Backscatter X-ray Scanners
    • Transmission X-ray Scanners
  • Terahertz Body Scanners
  • Metal Detectors

Concealed Weapon Detection Systems Market by Type:

  • Mobile Concealed Weapon Detection Systems
  • Stationary Concealed Weapon Detection Systems

Concealed Weapon Detection Systems Market by Application:

  • Transportation Infrastructure
  • Correctional Facilities
  • Stadium and Sports Arenas
  • Military and Defense
  • Theme Parks/Amusement Parks
  • Academic Institutions
  • Corporate Campuses
  • Others

Concealed Weapon Detection Systems Market by Region:

  • North America Concealed Weapon Detection Systems Market
  • Latin America Concealed Weapon Detection Systems Market
  • Europe Concealed Weapon Detection Systems Market
  • East Asia Concealed Weapon Detection Systems Market
  • South Asia & Pacific Concealed Weapon Detection Systems Market
  • Middle East & Africa Concealed Weapon Detection Systems Market

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About FMI             

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

Contact:                        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report: 
https://www.futuremarketinsights.com/reports/concealed-weapon-detection-systems-market
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