Neuromorphic Chip Market : Notable Developments & Geographical Outlook 2026

A recent market research report by Future Market Insights presents a thorough overview of the global market for neuromorphic chip. The report is titled “Neuromorphic Chip Market: Global Industry Analysis and Opportunity Assessment, 2016-2026.” The report states that the market will exhibit a promising CAGR of 20.7% from 2016 to 2026, rising from a valuation of US$1,420 mn in 2015 to a revenue opportunity of US$10,810 mn by the end of 2026.

The promise of a significant leap of improvement in terms of operational prowess, speed of processing, and better suitability to artificial intelligence applications are pushing ahead developments in the field of neuromorphic chips. The vast rise in the scope of applications of these chips across industries such as automotive, defence and military, aerospace, and machine learning is the key factor expected to drive the global neuromorphic chip market in the next few years.

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In terms of incremental opportunity across key regional markets covered in the report, the market in North America is expected to emerge as the most profitable over the report’s forecast period. Owing to the thriving automotive, aerospace, and consumer electronics industries, growth opportunities are vast in the region. Moreover, the region is also home to some of the world’s leading chipmakers and technology companies, making it the hub for technological developments in the area of neuromorphic chips.

The report states that the North America neuromorphic chip market will exhibit a promising 19.7% CAGR over the report’s forecast period, representing an incremental opportunity of US$2,300 mn from 2016 to 2026. If the numbers hold true, the market will rise from a valuation of US$400 mn in 2015 to US$2,700 mn by the end of 2026. Several industries in the region are promoting the convergence advanced, new technologies such as neuromorphic chips with existing technologies so as to improve productivity and efficiency of operations.

One of the most innovative usages of neuromorphic chips is being witnessed in the field of unmanned drones. Neuromorphic chips in drones are being tested for their ability in enabling drones to recognize any defined space visited earlier by storing and processing signal patterns emerging from surroundings of that space.

In terms of application, the report segments the global neuromorphic chip market into image recognition, data mining, and signal recognition. The key end-use industries of neuromorphic chips examined in the report are aerospace and defense, automotive, healthcare, consumer electronics, and industrial. Demand is expected to be promising across all these end-use sectors in the next few years, with the automotive and defense and aerospace sectors expected to remain at the forefront in terms of adoption of neuromorphic chips in the next few years. In the automotive industry, neuromorphic chips, in conjunction with technologies such as signal processing, could help drivers in understanding their immediate surroundings better thus helping them take better decisions.

Other industries are also increasingly representing growth opportunities for neuromorphic chips and are expected to help the market expand at a promising pace over the report’s forecast period. The vendor landscape has started becoming crowded and companies, with the aim of strengthening their hold on the market and making the most of available opportunities, have started focusing on strategic collaborations. Some of the leading companies presently operating in the market are IBM Corporation, Hewlett Packard Labs, HRL Laboratories, LLC, General Vision, and Intel Corporation.

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Leading market players are planning to dominate the global and regional markets through new strategic tie-ups and innovations

  • IBM was awarded 7,355 patents in the US in 2015, putting it in the leading position for the 23rd consecutive year
  • Intel Corporation invested US$ 12.1 Bn on R&D in 2015. Such high R&D investments allow the company to develop leading proprietary technologies and attain a strong leadership position.
  • In September 2016, General Vision collaborated with Mando-Hella Electronics Corp. – a tier1 South Korean automotive systems manufacturer, to develop advanced driver assistance and monitoring systems integrated with NeuroMem technology, enabling advanced image recognition and multisensory pattern recognition
  • Hewlett Packard Labs focusses on transferring advanced technologies into innovative products in order to propel the company’s growth, maintain industry leadership and competitive advantage
  • HRL Laboratories focusses on widening its products portfolio reach into new application areas, which helps the company gain a competitive edge

Global Neuromorphic Chip Market: Market Segmentation

By Application

  • Image Recognition
  • Signal Recognition
  • Data Mining
  • Others

By Vertical

  • Aerospace & Defence
  • Automotive
  • Consumer Electronics
  • Healthcare
  • Industrial
  • Others

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By Region

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

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Managed File Transfer (MFT) Market Research, Segmentation, Key Players Analysis and Forecast to 2031

According to a study by Future Market Insights (FMI), the managed file transfer (MFT) market will surpass US$ 1.7 Bn in 2021 on the back of increasing adoption in BFSI and IT & Telecom industries. Managed file transfer is a form of software that File transfers possible both within and between enterprises.

This method is thought to be a transparent way of sharing data with additional features like tracking and monitoring. It is rapid, secure, and dependable. Users may utilise the technology to identify data loss from a certain point in time and receive a notification when a file transfer is successful.

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As a result of digitization, businesses are becoming increasingly reliant on the successful transfer of digital files carrying critical information. As a result, they need secure, trustworthy, and quick transmissions to keep the real-time business process going properly. As a result, the need for efficient and effective file transfer has increased in recent years.

As per the revised report by Future Market Insights (FMI), the global managed file transfer (MFT) market is expected to expand at a steady CAGR of around 10.0% over the forecast period (2021-2031). The BFSI segment will emerge as a key end-user as it continues exhibiting high demand for cost-effect technologies for file transfer.

Key Takeaways from Market Study

  • Rising demand for seamless file transfer between or within organizations will enable growth in the managed file transfer market at a 10% CAGR between 2021 and 2031
  • The market in the U.S. is projected to expand at a CAGR of 8.2% through 2031, emerging dominant in North America
  • Germany will emerge as a key market for MFT, accounting for over one-fourth of demand registered in Europe
  • China and Japan will emerge as key markets within East Asia. While China is expected to account for a higher share, Japan will exhibit growth at a higher pace
  • Rapid digitization will enable double-digit growth in India, pushing the expansion of the market in South Asia​

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Impact of COVID-19 on Managed File Transfer Market

The COVID-19 epidemic has wreaked havoc on a number of businesses, including controlled file transmission. Many business and government organisations have made the switch to remote working, resulting in an increase in demand for controlled file transfer solutions.

The managed file transfer industry is expected to rise by 1.6X from 2019 to 2020, with a spike in demand due to the COVID-19 epidemic and the shift to a remote workforce. The change to remote working has resulted in a surge in demand for secure managed file transfer (MFT), managed file transfer cloud services, and remote management of secure file transfers for critical projects.

Automation in Enterprise Workflow Management Driving Market

Enterprises across various industry verticals are increasingly focusing on deploying managed file transfer software for creating automating enterprise workflow management. The application of managed file transfer solutions includes the generation of event-driven automation for performing specified tasks, which are generated on the enterprise domain, users, group level, or server level.

Enterprises are also using managed file transfer for automating different tasks such as assigning the expiration dates to files, scheduling file transfers, and other functions for deleting files, transferring and storing files, initiating event-driven actions, and sending notifications based on defined activities.

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Market Segmentation by Category

Solution

  • Software
    • System-centric File Transfer
    • People-centric File Transfer
    • Extreme File Transfer
  • Services
    • Implementation & Integration
    • Consulting
    • Support & Maintenance

Industry

  • BFSI
  •  Media & Entertainment
  •  Retail
  •  Manufacturing
  •  Telecommunication
  •  Others

Region

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • Middle East and 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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Photonic Sensors & Detectors Market Comprehensive Shares, Historical Trends And Forecast By 2026

Future Market Insights delivers key insights on the global photonic sensors and detectors market in a new report titled “Photonic Sensors & Detectors Market: Global Industry Analysis & Opportunity Assessment, 2016-2026”. The global photonic sensors and detectors market was valued at US$ 22.5 Bn in 2015 and is expected to register a CAGR of 7.2% during the forecast period (2016–2026).

According to Future Market Insights, increasing investments in telecommunication infrastructure and various government initiatives to implement fibre optic communication are major factors driving the growth of the global photonic sensors and detectors market.

Additionally, increasing adoption of industrial automation solutions to address the global shortage of unskilled labour and to reduce operating costs, and continuous development and implementation of new technologies in medical devices are some of the other factors propelling the growth of the global photonic sensors and detectors market.

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“Leading players in the global photonic sensors and detectors market are faced with major challenges that force them to reduce profit margins from image sensors, thereby affecting profitability. Also, a lengthy regulatory approval and technology assessment process pertaining to new product development is likely to restrict growth of the global photonic sensors and detectors market during the forecast period.” – Analyst – Electronics and ICT, Future Market Insights

Segmentation highlights

The global photonic sensors and detectors market is segmented on the basis of Sensor Type (Fibre Optic Sensors, Biophotonic Sensors, Image Sensors, Others); Detector Type (Photo Transistors, Single Photon Counting Modules, Photodiodes, Photocells, Others); and End use Sector (Defence & Security, Medical & Healthcare, Chemicals & Petrochemicals, Consumer Electronics & Entertainment, Industrial Manufacturing, Aviation, Research & Development, Others).

  • The Fibre Optics Sensors segment is estimated to account for a market share of 37.7% by the end of 2016 while the Biophotonic Sensors segment is expected to be the second largest segment in terms of market share in 2016, accounting for 29.9% value share by the end of 2016
  • In terms of sales volume, the Single Photon Counting Modules segment is expected to register the highest CAGR of 10.5% during the forecast period. The Photo Transistors segment is estimated to witness a CAGR of 7.0% between 2016 and 2026
  • The Aviation segment is anticipated to register high Y-o-Y growth rates from 2016 to 2026 and is expected to register a CAGR of 10.2% during this period while the Defence & Security segment is estimated to account for the highest market value share of 26.3% by the end of 2016

Regional market projections

The global photonic sensors and detectors market is segmented on the basis of region into North America, Latin America, Western Europe, Eastern Europe, APEJ, Japan, and MEA. The North America market accounted for the highest market value share in 2015 and was valued at US$ 7.4 Bn in 2015. North America is estimated to account for 32.7% value share of the global photonic sensors and detectors market by the end of 2016.

The APEJ market is projected to be the most attractive market in the global photonic sensors and detectors market during the forecast period. The APEJ market is anticipated to be valued at US$ 4.4 Bn by the end of 2016 and this is expected to increase to US$ 11.4 Bn by the end of 2026.

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Vendor insights

The report features some of the leading companies operating in the global photonic sensors and detectors market. Key players profiled in the report are Hamamatsu Photonics K.K, OMRON Corporation, ON Semiconductor, SAMSUNG, Sony Corporation, KEYENCE CORPORATION, Pepperl+Fuchs GmbH, Prime Photonics, LC, Banpil Photonics, Inc., and NP Photonics, Inc. Leading companies in the global photonic sensors and detectors market are expanding their presence in emerging markets and are diversifying their product portfolio to strengthen their market share and enhance their customer base.

Key Segment

By Sensor Type

  • Fibre Optic Sensors
  • Biophotonic Sensors
  • Image Sensors
  • Others

By Detector Type

  • Phototransistors
  • Photodiodes
  • Photocells
  • Others

By End-use

  • Defense & Security
  • Medical & Healthcare
  • Chemicals & Petrochemicals
  • Industrial Manufacturing
  • Consumer Electronics & Entertainment

By Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • 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 10-years.

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Wet Vacuum Cleaner Market is Registering a CAGR of around 5% Due to Introduction of DIY Applications and the Need to Maintain Cleanliness

The global wet vacuum cleaner market is registering a CAGR of around 5%. Demand for wet vacuum cleaner is rising due to their advantage over regular hoovers. The use of modern technology has eased the usability of the tool and thus is scaling up the sales of the wet vacuum cleaner, especially in the commercial areas.

Attributes Details
Wet Vacuum Cleaner Market CAGR 5.0%
Wet Vacuum Cleaner Market Size (2032) US$ 2.51 Bn
Wet Vacuum Cleaner Market Size (2020) US$ 1.54 Bn

Evolving end-user demand and raising concern for hygiene in both residential and commercial sectors, along with the introduction of DIY applications and the need to maintain cleanliness especially in commercial sectors are some of the major factors driving the drenched hoover sales.

Sales of wet vacuum cleaner go through a repeating win-fail because of its use majorly for exquisite jobs in commercial spaces, which has remained a longstanding challenge for manufacturers. Nevertheless, with the advancement in technology, providing advanced functions, and availability in compact sizes, the wet vacuum cleaner sales are expected to rise.

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Further, the expansion in the number of business spaces combined with the rise in the number of distribution channels that include online platforms, hypermarket, specialty stores, and other are prone to contribute in the driving demand for wet vacuum cleaner sales.

E-commerce Segment Likely to Augment Wet Vacuum Cleaner Sales

One of the fastest periods for the development of sales for wet vacuum cleaner is enabled with the presence of various suppliers on e-commerce platforms. This opens gates for customers by providing easy accessibility, various offers & discounts on electronic gadgets, which boost the sale reception of wet vacuum cleaner.

In addition, such platforms allow the customer to compare various brands and models based on their functionality, service, and price range. Moreover, the availability of getting the product delivered at home along with an additional warranty is propelling the growth of the wet vacuum cleaner in the forecast period.

Further, to improve the movement of wet vacuum cleaner and be available in compact dimensions and low weight, the manufacturers are investing in R&D facilities. Manufacturers also focus on developing hoovers that use HEPA filters, which are easily available in the aftermarket. Additionally, the wet vacuum cleaner are fitted with the latest technology like Bluetooth and remote control access to ease the work and grow the volume of sales shortly.

How had COVID-19 Impacted the Wet Vacuum Cleaner Market?

The drenched hoover sales were severely impacted along with the many other industries due to the lockdown forced in every country. Close down of unimportant industries, lack in demand from customers, further delay in the production of goods due to lack of employees, and so on in order to control the spread of the deadly virus and thus, led to loss and decline of business.

However, with the unwinding of lockdown and with restricted regulation, the regional governments have allowed the opening and working of industries to regain from the economic crisis. In addition, with the establishment of different new companies in the referenced business, in order to acquire traction during the forecast period and also focus and supply with advanced products and better customer experience, is relied upon to help grow the volume of sales of wet vacuum cleaner.

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US and Canada Wet Vacuum Cleaner Market Outlook

US is one of the largest regions for wet vacuum cleaner globally. The US wet vacuum cleaner sales are set to spread on the historic pattern of bust and boom during the assessment period 2021-2031. Demand is likely to rise with the introduction of robotic hoovers backed up with advanced technologies and R&D activities.

The key players in the region are focusing on manufacturing compact and modern hoovers, which are AI-controlled. This led to the gain of attention of investors from all around the world, which provides huge support for the development. The manufacturers focus on providing robust machines, which can clean all areas and prove to be a reliable tool. In addition, with the introduction of cordless hoovers, the segment has changed drastically and boosted the sales of wet vacuum cleaner.

Europe Demand Outlook for Wet Vacuum Cleaner

Europe has one of the largest hubs for R&D facilities. Since, the unwinding of lockdown and owing to high flexibility and viable nature, which eases the corner cleaning of spaces, has created opportunities for the sales of wet vacuum cleaner to grow. In addition, considering the emphasis on health and hygiene, the use of hoovers is likely to increase.

Europe indoor spaces hoovers demand is likely to grow with the observing developments in the current products. Further, with the availability of newly innovated hoovers with many additional facilities and additionally available parts for the same, which are replaceable with time. Moreover, the use of modern technology that plays an important role in neglecting the concern regarding energy consumption is going to return a high volume of sales of wet vacuum cleaner.

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Wet Vacuum Cleaner Market 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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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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Warming Drawer Market is Rapidly Growing Due to Self-Contained Appliances and Advanced Features

The warming drawer market is likely to register a CAGR of 6.0% during the forecast period, owing to the increase in demand for modular kitchens and rise in fuel prices.

Warming drawer sales are rising as a result of a variety of factors, including the expanding middle class, rising labour expenses, rising disposable income levels in developing nations, busy lifestyles, and the availability of a variety of home appliances at affordable rates.

The fact that warmer drawers are standalone appliances is one of many reasons why they are in high demand in modern smart kitchens. These goods appeal to consumers because of their advanced features because the modern society is focused on work and a fast-paced lifestyle, which increases the market share for warming drawers.

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The demand for warming drawers is being driven by the rising cost of fuel for standard gas cooktops, the expansion of the modular kitchen trend, and the advantages to consumers in terms of comfort and safety. Sales of the warming drawer are, however, extremely restricted because only upper-class customers can afford the expensive device.

What are the Growing Trends in the Warming Drawers Market?

The global demand for modern technology products for smart kitchens, such as warming drawers, is high among the urban population, owing to factors such as increased purchasing power, improved infrastructure, and a rise in the working population.

More demand for higher revenues encourages the manufacturers to implement the strategies, which can contribute to the sales of warming drawers.

Moreover, a factor responsible for driven demand for the warming drawer is the rise in inclination towards modular kitchens. Consumers are drawn to such appliances because of features such as touch controls, timers, telescopic runners, push-to-open mechanisms, ideal serving temperature, and connection with a coffee machine and wire rack.

The warming drawers market is primarily driven by rising fuel expenses for conventional gas cooktops and the growing demand for modular kitchens as well as the comfort and safety benefits to consumers. It leads to better features and enhanced sales of warming drawers.

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What are Opportunities leading to the Growth in the Warming Drawer Market?

There is likely to be a rise in warming drawers market share due to inclination towards ease, modernity and comfort.

Demand for warming drawers has increased over time as a result of their ease of use and inventive advanced features, such as touch controls, timers, telescopic runners, push-to-open mechanisms, optimal serving temperature, and connection with coffee machines and wire racks.

Consumers are always drawn to convenience, as well as the product’s appearance and feel, which leads to higher sales of warming drawers.

Manufacturers, on the other hand, are offering choices such as utilizing underutilized kitchen space and making it as appealing as possible to complement the kitchen’s appearance and feel.

Another reason for expanded sales of warming drawers is that there are numerous ways to expand storage capacity, heat food, and warm vessels.

What is the Regional Outlook for the Warming Drawer Market?

Geographically, the Americas dominated the worldwide commercial warming drawer market in 2016 and are expected to continue to do so during the forecast period.

The increase in the number of pizzerias and bakeries in the region, as well as the growing demand for warming drawer with advanced features, will contribute to the warming drawer market share in the Americas forward.

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How Competition Intensifies the Warming Drawer Market?

Bosch, KitchenAid, Dacor, GE Appliances, AEG, AJ Madison, Miele, Sub-Zero & Wolf, Hestan, Smeg, and Viking Range are some of the major participants in the global Warming Drawers market.

Development of warming drawers for kitchen appliances to get the look and feel of a streamlined, high-functioning kitchen. The attractive feature adds to the sales of the warming drawer.

Miele has developed an innovative feature in the connection between the warming drawer and the coffee machine, with multiple operation modes for warming cups and plates, keeping food warm, and cooking at low temperatures, leading to the positive demand for warming drawer.

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

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Dual-Clutch Transmission Market Key Players, End User, Demand and Consumption by 2031

Future Market Insights (FMI), an ESOMAR-certified consulting firm, forecasts that the global dual-clutch transmission market will expand steadily at a 6% CAGR between 2021-2031. This market is expected to be valued at $24 billion in 2021.

The surge in demand for passenger cars that provide effective driving control and fuel economy is driving sales in the global dual-clutch transmission market. Increasing adoption of hybrid vehicles will further increase market sales, expanding the market size to  7.2%.

The growing preference for small and medium-sized passenger cars will drive sales in the market. The integration of dual-clutch transmission systems in small vehicles has received more and more attention in recent years, resulting in a growth rate of 6.3% year-over-year in the DCT market in 2020-2021.

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The rapid expansion of the automotive industry along with increasing research and development for product innovation in countries such as the UK, USA and Germany is boosting the market growth.

Strict emission standards and growing consumer preference for compact passenger cars that provide an optimal driving experience are driving growth in developing countries such as China, India, South Korea and Brazil.

In addition, technological advances in dual-clutch transmission systems integrated into hybrid vehicles will further drive market sales.

 Highlights of FMI’s Dual Clutch Transmission Market Research

  • Passenger cars will dominate this sector over the next decade.
  • Dry clutches will emerge as the most preferred product type.
  • China will emerge as the most lucrative market due to growing demand for passenger cars.
  • Germany will witness steady growth, driven by increased research and development on the development of dual clutch transmissions in Germany.
  • India will see high demand due to growing customer preference for hybrid small and medium-sized passenger cars.
  • The United States is expected to witness steady growth in the market as product innovations increase in the dual clutch transmission market.

Competitive landscape

Key players operating in the market profiled by FMI include ZF Friedrichshafen AG, Getrag, BorgWarner Inc., Eaton, GKN Driveline and Continental.

Prominent players are adopting various lucrative strategies to gain a competitive edge in the highly dynamic Dual Clutch Transmission market. Notable strategies include product development, collaboration, acquisitions, expansion and adoption of green and sustainable manufacturing processes for optimal growth. For example:

  • In October 2020, BorgWarner confirmed the acquisition of electronics specialist Delphi Technologies to strengthen its product portfolio and support continuous product innovation.
  • In June 2021, ZF Friedrichshafen AG announced plans to make India a global hub for manufacturing and development of auto parts. German manufacturers are focusing on research and development related to materials sourcing, digital innovation and automobile manufacturing.

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Additional Insights on Dual Clutch Transmission Market

In its latest report, FMI provides an unbiased analysis of the global Dual Clutch Transmission market by providing historical data for the period 2016-2020 and forecast statistics for the period 2021-2031. To understand the global market potential, growth and scope, the market is segmented into 7 major regions (North America, Central & South America, Eastern Europe, Asia Pacific excluding Japan, Western Europe) based on vehicle type (passenger and commercial), product type (dry and wet clutch). , Japan, Middle East and Africa).

Dual Clutch Transmission Market by Category

By vehicle type:

  • car
  • commercial vehicle

By product type:

  • dry clutch
  • wet clutch

By region:

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

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Hair Extensions Market is Likely to Register a CAGR of 5.3% in 2032

The hair extension market is likely to register a CAGR of 5.3% during the forecast period, and is anticipated to reach a market share of US$ 4.99 Bn in 2032, from US$ 2.38 Bn in 2021, due to the changing lifestyle in developing countries and increasing product availability.

Owing to rising disposable income and urbanization in the region, Latin America is projected to see new growth prospects in the hair extensions market.

Many factors have caused the enormousdemand for hair extension due to its popularity in the retailing business, including rising human expenditure on grooming items, rising spending on lifestyle products, and rising disposable income in developing countries such as China, India, Brazil, and others.

On other hand, hair extensions find significant use in the entertainment and fashion industry. Additionally, the large-scale prevalence of receding hairline, alopecia, and others factors are estimated to fuel growth of the market in the coming years.

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Global Hair Extensions Market: Reasons for covering this Title

Hair extensions market is expected to witness a significant growth during the forecast period due to the changing lifestyle in developing countries, increasing product availability, and other factors.

Customers are more interested toward purchasing hair extensions instead of purchasing hair regrowth medicines and hair transplantation treatment because of side effects associated with them. This factor is positively influencing growth of the hair extensions market in terms of value.

On other hand, growth of entertainment and fashion industry is expected to boost the growth of the hair extensions market in terms of value.

Moreover, increasing product quality by the hair extensions supplier is boosting growth of the market in terms of volume. Change in customer purchasing patterns expected to positively influence the growth of the hair extensions market during the forecast period.

Moreover, extensive marketing campaign and celebrity endorsements are significantly boosting growth of the hair extensions market in terms of value and volume as well.

Moreover, increasing economy and growing disposable income in developing countries such as India, Brazil, Argentina, and others and others are expected to fuel growth of the hair extensions market during the forecast period in terms of value.

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Global Hair Extensions Market: Key Players

Some of the key players operating in the global Hair Extensions market BELLAMI Hair, Beauty industry group Qingdao Organic hair Ltd., Godrej, Great Lengths, Evergreen Products Group Limited, Great Lengths, Balmain Paris Hair Couture, Hair Dreams, Hairlocs, Klix Hair Extension, Hidden Crown,  Hair Addictionz, Femme Hair Extension, Easihair, Socap and Cinderella Hair among others.

Hair Extensions Market: Key Trends

  • Customers are using hair extensions instead of hair elongation medicines and tables because of high cost as well as side effects related with them.
  • Manufacturers are innovating products with different features so that these can be used by different customer base as per their needs.
  • The impact of promotional tools on consumer buying behavior is fueling growth of hair extensions market.

Hair Extensions Market: Key Developments 

In 2019, Beauty Industry Group acquired Luxy Hair Co. and Hidden Crown to increase its business sales along with expand market presence across the globe.

Opportunities for Hair Extensions Market Participants

North America is expected to be one of the leading market in the hair extensions market due to presence of large numbers of vendors in the region. Latin America is expected to register new growth opportunities in the hair extensions market due to increasing disposable income and urbanization in the region.

Hair extensions market in Asia Pacific region is expected to witness a significant growth during the forecast period due to rapid growth of the e-commerce in the region. Hair extensions market in Europe is expected to be positively influenced by change in the customer behavior. Middle East and Africa is expected to witness a significant growth in the hair extensions market due to increasing customers spending on grooming products.

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Table of Content

  1. Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

  1. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

  1. Market Background

3.1. Market Dynamics

3.1.1. Drivers

3.1.2. Restraints

3.1.3. Opportunity

3.1.4. Trends

3.2. Scenario Forecast

3.2.1. Demand in Optimistic Scenario

3.2.2. Demand in Likely Scenario

3.2.3. Demand in Conservative Scenario

3.3. Opportunity Map Analysis

3.4. Investment Feasibility Matrix

3.5. PESTLE and Porter’s Analysis

3.6. Regulatory Landscape

3.6.1. By Key Regions

3.6.2. By Key Countries

TOC Continued…….

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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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Gaming Laptop Market is Growing Due to Innovative Gaming Laptop in the Industry with the Fastest Hardware to Support

The gaming laptop market is anticipated to record a CAGR of around 4.5% during the forecast period.

The market has a current valuation of US$ 11859.39 Mn and is likely to grow to US$ 18417.27 Mn by 2032. In the era of computer gaming, there is an increase in the demand for gaming laptop. Consumers are looking for devices that can operate at a high level when it comes to gaming.

Manufacturers are also creating and releasing cutting-edge gaming laptops with cutting-edge hardware to meet the growing demand for gaming laptops. They’re also working to reduce the weight of gaming laptops so that they’re more portable. Due to the powerful gaming hardware, which is capable of high processing speed and power, as well as the cooling systems required, gaming laptops are heavy.

On the other hand, the eSports industry is booming globally, where professional video gamers play competitively. With this growing esports participation, demand for gaming laptop, and expanding digital platforms, the sales of gaming laptop are likely to grow significantly in the coming years.

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Which are the Key Dynamics Contributing to the Growth of the Gaming Laptop Market?

Over the last few years, there have been significant developments taking place across gaming, mobile, and esports platforms. Currently, the global esports market is a million-dollar industry which is projected to be more than triple during the forecast period.

As, various companies, players, fans, and investors are entering into esports market. Rise in the number of esports participation and audience, which lead to significant potential for companies to advertise products. An increasing number of professional gamers in the developing countries are the factors influencing the growth of the gaming laptop market in the near future. Also, prominent players in the gaming laptop market are focused on increasing their market footprint by entering e-commerce platform to provide gaming laptop accessibility to consumers everywhere.

However, the limited battery life of gaming laptop as compared to ordinary laptops and a slowdown in the global economy due to trade tensions between US and China are some of the factors that may hamper the sales of gaming laptop.

Global Gaming Laptop Market: Key Developments

  • Additionally, the company is also targeting to grow its market share from 11% to 15% in the consumer laptops business segment in India market.
  • AsusTek Computer Inc. focuses on increasing its market share to 50% in the India gaming laptop market along with expanding its retail footprint to 200 stores by the end of 2019.

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What is the Regional Outlook for the Gaming Laptop Market?

The gaming laptop market is anticipated to register significant growth across all the regions during the forecast period. The gaming laptop market is classified into seven key areas: North America, Europe, Latin America, East Asia, South Asia, Oceania, and the Middle East & Africa.

Because of the increasing adoption of portable personal computers and gaming laptops among consumers to play video games, as well as the developing trend of collegiate competitive video gaming, North America is predicted to lead the global gaming laptop market, followed by Europe.

South Asia and East Asia gaming laptop market is expected to account healthy CAGR during the forecast period owing to increasing adoption of gaming laptop among consumers across metropolitan cities and small towns coupled with the growing number of professional e-sports gamers in developing countries such as India.

MEA is likely to have a lucrative opportunity in the global gaming laptop market in the coming years as companies are introducing budget-friendly gaming laptop with innovative features to target mid-ranged consumers in the region.

Who are the Key Players in the Gaming Laptop Market?

Some of the key players operating in the global gaming laptop market are AsusTek Computer Inc., Micro-Star International Co., Ltd, Razer Inc., Acer Inc., Lenovo Group Limited, The Hewlett-Packard Company, Dell Technologies Inc., Gigabyte Technology Co., Ltd., Samsung Electronics Co., Ltd., ORIGIN PC Corp., AORUS Pte. Ltd., Clevo Corporation, EVGA Corporation, and others.

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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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Workstation Market is Anticipated to Progress at a CAGR of 9.2% from 2022 – 2029 | FMI

The workstation Market expanding at a CAGR of 9.2%, and the global workstation market is projected to increase from a valuation of US$ 53,984.2 Mn in 2022 to US$ 100,033.7 Mn by 2029.

Factors such as increasing demand for 3D animation software, increasing demand for digital content creation, low energy consumption and decreasing hardware-related spending are expected to drive the growth of the workstation market, according to the report.

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Key highlights of the Workstation Market study:

  • The adoption of mobile workstations is expected to increase significantly in the manufacturing and gaming industries.
  • The engineering and design industry is expected to remain a key industry in the global workstation market owing to high demand from engineers and designers for 3D mechanical design and creation of engineering simulations.
  • The North American and Western European markets are expected to offer more lucrative opportunities in the workstation market compared to other regional markets.
  • The Asia-Pacific region, excluding Japan, is expected to become a key market for the workstation market. India is also expected to exhibit a notable CAGR.

Growing interest from key players in product innovation

Companies in the workstation market are beginning to invest more in speeding up product development and innovation processes. Key players in the global market are adopting business expansion, acquisition and collaboration strategies to gain a significant share in the global market.

  • For example, in February 2018, HP announced that it would enhance the performance of its best-selling workstation, the HP Z4, by integrating Intel Xeon and Core X processors to support dual extreme graphics.

Key players in the workstation market include Fujitsu Limited, Microsoft Corporation, NVIDIA Corporation, Intel Corporation, Dell EMC, Red Hat, Hewlett Packard Enterprise, HP Inc., Secunet AG, Citrix Systems, Lenovo Group Limited, Cisco Systems, Super . Micro Computer, VMware and other major players.

AR and VR-enabled workstations shaping the growth curve

The industrial sector has emerged as a power user of augmented reality (AR) and virtual reality (VR) technologies that first appeared in media and entertainment. FMI predicts that global spending on these immersive technologies, collectively referred to as extended reality (XR), will increase by approximately 80% in 2020 compared to 2019. Engineering and manufacturing companies are tapping the potential of AR or VR-enabled workstations. Visualize, simulate, and develop computer-generated environments. Centralized workstation providers should leverage these industry use cases to achieve meaningful revenue and profits.

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A more valuable insight into the workstation market

Future Market Insights presents historical data for 2014-2018 and forecast statistics for 2022-2029 to present an unbiased analysis of the global Workstation Market. To understand the opportunities in the Workstation market, the market is segmented based on type, operating system, core, enterprise size, application, and industry in 7 major regions.

Workstation Market Outlook by Category

By Type:

  • Rack Workstation
  • Desktop Workstation
  • Mobile Workstation
  • Tower Workstation

By Operating System:

  • Windows Workstation
  • Linux Workstation
  • Unix Workstation

By Core:

  • 6 Cores
  • 8 Cores
  • 12 Cores
  • 18 Cores
  • 28 Cores
  • 32 Cores
  • 56 Cores
  • Others

By Enterprise Size:

  • SMEs
  • Large Enterprises

By Application:

  • Digital Content Creation
  • Advanced Data Modelling
  • Industrial Designing
  • 3D Modelling
  • Others

By Industry:

  • Healthcare
  • Education
  • BFSI
  • Manufacturing
  • Media and Entertainment
  • Engineering & Design
  • Others

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Region:

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

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Electric Facial Cleansing Brush Market is Likely to cross US$ 13.38 Bn by the end of 2032

The electric facial cleansing brushes is anticipated to deepen its roots at a low CAGR of 5.2%. As a consequence, the worldwide market is expected to generate US$ 8.48 billion in sales in 2022 and US$ 13.38 billion by the end of 2032.

An electric facial washing brush can remove anything from dirt to grime from the face. Electrical facial washing brushes are therefore much sought after by consumers. These brushes are also available for other skin tones. The significant demand for electrical face washing brushes is attributable to growing fashion consciousness and increased awareness of new skincare products.

Women are increasingly employing electric facial washing brushes to remove excess oil, debris, and grime from their faces. With the growth of e-commerce, there is a greater desire to seem better and boost your characteristics. As pollution rises, skincare plays a bigger role in healthcare. Sales of electric facial washing brushes are pushed by this.

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Electric Facial Cleansing Brush Market: Market Dynamics

The growing demand for electric facial cleansing brushes can be witnessed across the world. Increasing demand has engaged more manufacturers across the world in manufacturing electric facial cleansing brushes. Key manufacturers in the market have focused on developing regions to penetrate due to increasing brand loyalty among consumers. However, presence of unbranded products in market may hamper the growth of electric facial cleansing brush market during the forecast period.

Recent Developments

Manufacturers of electric facial cleansing brushers are continuously investing into their R&D to come up with new features or products frequently. Increasing use of the dual motion technology in electric facial cleansing brushes that make skin soft is one of the factors expected to boost the market. Competitions are intense in market as more companies are expressing interest on electric facial cleansing brush market.

Manufacturers are coming up with latest technologies for electric facial cleansing brushes. The Barriercare technology, Hydro Boost cleanser these are few of the technologies that are generally used by manufacturers for producing electric facial cleansing brushes.

In 2018, Japanese beauty brand Refa launched its new Refa Clear facial cleansing device in Singapore that is equipped with 3D Sonic Ion technology, which is said to be the first of its kind.

Electric Facial Cleansing Brush Market: Regional Outlook

The electric facial cleansing brush market is expected to register a healthy growth across all the geographies during the forecast period. Individual’s use of electric facial cleansing brushes are higher than commercial use which is growing across the globe and likely to drive the sales of electric facial cleansing brush in the market. Emerging countries, such as China, India, and Brazil are the key markets with immense opportunity for electric facial cleansing brush market.s

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Electric Facial Cleansing Brush Market: Key Players

Some of the key players operating in the global electric facial cleansing brush Market are Clinique, Panasonic, Clarisonic Mia, Foreo, Proactiv, Olay, Pixnor, Neutrogena, Michael Todd, Phillips, Lavo Skin, Conair and Others.

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

The Electric facial cleansing brush market report covers exhaustive analysis on:

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

 The Electric facial cleansing brush regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Argentina, Chile, Peru)
  • Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic, Eastern Europe)
  • South Asia (India, Thailand, Indonesia, Malaysia, Rest of South Asia)
  • East Asia (China, Japan, South Korea)
  • Oceania (Australia & New Zealand)
  • Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)

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The Electric facial cleansing brush 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 for Electric facial cleansing brush provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The Electric facial cleansing brush market report also maps the qualitative impact of various market factors on market segments and geographies.

Key Segments Profiled in the Electric Face Cleansers Industry Survey

Sales Channel:

  • Hypermarkets/Supermarkets
  • Multi-brand Stores
  • Specialty Beauty Stores
  • Online Stores
  • Independent Small Stores
  • Others

Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East and Africa

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

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