Temperature Controlled Packaging Solutions Market Analysis by Trends, Size, Share, Company Overview, Growth and Forecast by 2030

Between 2022 and 2030, the worldwide temperature controlled packaging solutions market is expected to grow at a spectacular CAGR of 8.1 percent. By 2030, it is expected to be worth $23.2 billion. The market for temperature-controlled packaging solutions is likely to continue to grow in the coming years.

Through 2030, the market is expected to grow at an annual rate of 8.1 percent, reaching US$ 23.2 billion by the end of the forecast period. Increased sales of insulated containers result from increased frozen food/fruit consumption, enhancing income for companies in the worldwide temperature controlled packaging solutions market.

Get Sample of the Report @
https://www.futuremarketinsights.com/reports/sample/rep-gb-594

Key Takeaways of Temperature Controlled Packaging Solutions Market Study

Food & Beverages industry holds a majority of the market share in the global temperature controlled packaging solutions market, closely followed by the healthcare industry. The high demand from this industry is mainly driven by the rising consumption of perishable food products, which require insulated containers/bins coupled with a refrigerant for proper transportation.

The chilled segment is projected to retain its prominent position and account for nearly 43% of the global temperature controlled packaging solutions market by 2030. This is attributable to the growing need for efficient temperature controlled shipping solutions for pharmaceuticals as well as food products.

Passive temperature controlled packaging solutions are largely preferred over their active counterparts, as passive solutions are relatively economical, easy to handle, and dispose.

The insulated containers segment has been identified as the most lucrative segment in the global temperature controlled packaging solutions market. This can primarily be attributed to the increasing consumption of meat, fish, seafood, and other perishable products, globally.

South Asia and East Asia are estimated to cumulatively hold more than 30% of the share in the global temperature controlled packaging solutions market by 2030. The demand for insulated shippers for cold chain packaging is likely to remain moderate in the region, while that for packaging of perishable foods is likely to remain strong in the foreseeable future.

Leading pharmaceutical manufacturers demand effective packaging formats for biologics and specialty drugs, as such products are extremely temperature-sensitive and any compromise in handling them can significantly affect product efficiency. This is expected to present remunerative growth potential for all participants of the supply chain in the global temperature controlled packaging solutions market.

Temperature Controlled Packaging Solutions Market Landscape

  • Sonoco Products Company
  • Pelican BioThermal LLC
  • Snyder Industries Inc.
  • GEBHARDT Logistic Solutions GmbH
  • ACH Foam Technologies

Ask an Analyst @
https://www.futuremarketinsights.com/askus/rep-gb-594

These companies are also introducing rental programs to provide temperature controlled packaging solutions at a lower cost as compared to their competitors. Various food and pharma companies opt for leasing or renting temperature controlled shippers/containers as per their requirements.

This is profitable for the manufacturers of temperature controlled packaging solutions, as shipper/container manufacturers achieve reduced cost of ownership and increased return on investment, hence higher profits.

Key Segments Covered In Temperature Controlled Packaging Solutions Industry Research

By System Type :

  • Active
  • Passive

By Product Type :

  • Insulated Shippers
    • Panels & Envelopes
    • EPS Shippers
    • PUR Shippers
    • VIP Shippers
  • Insulated Containers
    • Chest Style
    • Upright Style
  • Others

By Application :

  • Frozen
  • Chilled
  • Ambient

By End-use :

  • Healthcare
  • Food & Beverages
  • Others

Report Customization available @
https://www.futuremarketinsights.com/customization-available/rep-gb-594

By Region :

  • North America Temperature Controlled Packaging Solutions Market
  • Latin America Temperature Controlled Packaging Solutions Market
  • Europe Temperature Controlled Packaging Solutions Market
  • East Asia Temperature Controlled Packaging Solutions Market
  • South Asia Temperature Controlled Packaging Solutions Market
  • Oceania Temperature Controlled Packaging Solutions Market
  • Middle East & Africa (MEA) Temperature Controlled Packaging Solutions Market

Read Related Reports:
https://www.reddit.com/user/shrishti1994/comments/w99tgi/straw_market_trends_size_share_regional_analysis/
https://flipboard.com/@shrishti4g7t/straw-market-trends-size-growth-insight-share-competitive-analysis-regional-tkdhuef8y
https://acatpg.mn.co/posts/25507131?utm_source=manual
https://faceblox.mn.co/posts/25507134?utm_source=manual

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

Contact:
Future Market Insights, Inc
Christiana Corporate,
200 Continental Drive,
Suite 401, Newark,
Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs

Dual-Ovenable Lidding Films Market Share, Demand, Top Players, Industry Size, Future Growth By 2031

The need for dual ovenable lidding films is being fueled by an increased focus on food safety and a consumer preference for pre-packaged convenience foods. According to a recent analysis by Future Market Insights (FMI), the market will grow at a 5.6 percent CAGR from now until 2031, when it will be valued at US$ 134.8 million.

Dual ovenable lidding films are a common packaging option in the food and beverage sector for packing items that need to be heated in the microwave or oven. Manufacturers’ increasing emphasis on providing products with a longer shelf life improves sales possibilities.

The demand for dual ovenable lidding films is consistently rising as they offer strong salability and a printable texture which makes them suitable for food packaging applications.

Request Sample Report @
https://www.futuremarketinsights.com/reports/sample/rep-gb-2640

FMI predicts two-fold growth opportunities for leading players. The usage and adoption of dual ovenable lidding films is estimated to increase on the back of rising consumption of ready meals, frozen foods, meat products, dairy products, and more.

Key benefits offered by dual ovenable lidding films include high safety, convenience and a longer shelf life. Biodegradable dual ovenable lidding films are becoming increasingly popular among major participants in the film packaging market.

End users in the frozen food and meat products packaging industry are focusing on lowering their carbon footprint. Consequently, some of the leading manufacturers are also using biodegradable goods as a result of government action that provides tax exemptions on revenue. Client preference for clean materials and an increase in health awareness, drives the demand for biodegradable dual ovenable lidding films.

Consumers are inclined towards processed food products. Many of the complexities of packaging processed food have been greatly minimized by the adoption of dual ovenable lidding films. Dual ovenable lidding films made of PET material are expected to see a surge in demand. Increasing concerns pertaining to safety of food and a developing packaged food culture globally, are contributing towards overall growth of the market.

Key Points Covered in Dual Ovenable Lidding Films Market Study

  • Market estimates and forecast 2014-2031
  • Key drivers and restraints impacting market growth
  • Segment-wise, Country-wise, and Region-wise Analysis
  • Competition Mapping and Benchmarking
  • Market Share Analysis
  • Key Product Innovations and Regulatory Climate
  • COVID-19 Impact on Dual Ovenable Lidding Films Market and How to Navigate
  • Recommendation on Key Winning Strategies

Key Takeaways from Dual Ovenable Lidding Films Market

Polyethylene terephthalate (PET) dual ovenable lidding films are expected to account for nearly 3/4th of the global market, aided by cost and durability benefits.

Peelable seals ensure the quality of product while improving user convenience, and are estimated to increase by nearly 2 times of the current value, at US$ 130 Mn by 2031.

Meat products packaging applications are expected to create an incremental opportunity of US$ 28.5 Mn in the next ten years.

The U.S. will account for over 90% of the North America value share through the assessment period, owing to a large and matured packaged food sector.

Ask an Analyst @
https://www.futuremarketinsights.com/ask-question/rep-gb-2640

Germany is the largest and fastest growing market in Western Europe, accounting for over 30% value share by 2031, driven by the presence of major manufacturing facilities.

“Improved safety and convenience offered by dual overable lidding films to packaged food have been improving their scope for applications. The market also will gain as the packaging industry slowly transitions towards biodegradable ovenable lidding films,” says an FMI analyst.

Impact of COVID-19

The COVID-19 pandemic and its global effects have had a notable impact on the global dual ovenable lidding films market. Stringent and complete lockdown in American, European, and Asian countries resulted in a declining supply and sales.

Food chains such as quick-service restaurants, and cafes were entirely shut down in almost every region, whereas, online food delivery were open and the deliveries were available which has lowered losses during the crisis. Nevertheless, demand for dual ovenable lidding films will gain traction in the later part of 2021 as industries recover rapidly with precautionary measures.

Competitive Landscape

Key manufacturers contribute 30-35% of the global market. Strategic expansions and acquisitions are expected to gain traction throughout the forecast period in the moderately fragmented landscape.

Amcor PLC., Berry Global, Inc., Sealed Air Corporation, and Sonoco Products Company, Schur Flexibles Holding GMBH, Sirane Ltd. are the top players operating in the dual ovenable lidding films market. Furthermore, Coveris, Inc., Toray Plastics (America), Inc, DuPont Teijin Films and many others in the market hold 65-70% in the global dual ovenable lidding films market.

Ask for Customization @
https://www.futuremarketinsights.com/customization-available/rep-gb-2640

Dual Ovenable Lidding Films Market by Category

By Material Type:

  • Polyethylene (PE)
  • Polyethylene Terephthalate (PET)
    • Crystallizable PET (CPET)
    • Amorphous PET (APET)
    • Recycled PET (RPET)
  • Polypropylene (PP)
  • Others

By Seal Type:

  • Pealable Seal
    • Easy Peal
    • Medium Peal
    • Hard Peal
    • Very Hard Peal
  • Permanent Seal

By Application:

  • Prepared Meals
  • Frozen Foods
  • Meat Products
  • Dairy Products
  • Others

By Region:

  • North America
  • Latin America
  • APEJ
  • Western Europe
  • Eastern Europe
  • MEA
  • Japan

Read Related Reports:
https://stemfemmes.mn.co/posts/25128938?utm_source=manual
https://careero.mn.co/posts/25128948?utm_source=manual
https://thegameoflife-de.mn.co/posts/25128952?utm_source=manual
https://network-66643.mn.co/posts/25128964?utm_source=manual
https://beyondher.mn.co/posts/25128976?utm_source=manual

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

Contact:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
LinkedIn| Twitter| Blogs
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com

Digital Printing Packaging Market Size, Share, Forecasts Analysis, Company Profiles, Competitive Landscape and Key Regions 2031

The digital printing packaging market is anticipated to rise consistently at a CAGR of 6.5% during the forecast period 2021-2031. Digital printing packaging is considered to be eco-friendly printing process as there is no usage of photo-chemicals.

Future Market Insights, in its report, offers market forecast and analysis on the basis of region, technology type, product type, and end-use.

Get a Sample to Understand More Details@
https://www.futuremarketinsights.com/reports/sample/rep-gb-2188

Key Drivers

According to the report, the key factors fuelling demand for digital printing in packaging include growing preference for conventional/analogue plates and their application in printing jobs of shorter run lengths.

Adoption of digital printing in packaging is also growing on account of its convenience over conventional presses. Digital printing allows packaging companies to reduce turnaround time, and this is a prime reason fuelling demand for digital printing.

Shifting preference from conventional printing to variable data printing and personalised printing. Leading packaging companies are adopting variable data printing owing to its use in direct marketing. Future Market Insights projects these trends to positively influence the digital printing in packaging market.

While Future Market Insights maintains a positive outlook on the global digital printing in packaging market, it is of the opinion that high variable costs and limited opportunities in indirect sales channels can impede widespread adoption.

Food Largest End-user

The food sector remains the largest end-user of digital printing in packaging. According to Future Market Insights, demand for digital printing in packaging was pegged at over US$ 4.5 Bn by 2016. This is expected to increase at a CAGR of 16.6% during the forecast period 2016-2026.

Ask a question to Analyst @
https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-2188

APEJ to Outpace North America to Become the Largest Market

North America, APEJ, and Western Europe are the three largest markets for digital printing in packaging. Currently, North America leads globally in terms of revenues; however, owing to robust adoption of digital printing in APEJ, it will be relegated to second position by the end of 2026. APEJ will outpace North America to become the largest market, increasing its revenue share from 28% by 2016 to 40.7% by 2026-end.

Competitive Landscape Profiling

Leading players profiled by Future Market Insights in its report include Quad/Graphics Inc., Tailored Label Products Inc., Creative Labels Inc., Reynders Label Printing, DS Smith Plc, THIMM Group GmbH + Co. KG, Traco Manufacturing Inc., WS Packaging Group Inc., Elanders AB, and Colordruck Baiersbronn W. Mack GmbH & Co. KG.

Key Segment

By Print Technology Type:

  • Liquid Toner Electrophotography Printing
  • Nano-graphic Printing
  • Inkjet Technology
  • Others (Dye tonner)

By Product Type:

  • Labels
  • Flexible Packaging
    • Films & Wrap
    • Bags & Sacks
    • Pouches & Sachets
  • Corrugated Packaging
  • Folding Cartons
  • Bottles & Jars
  • Metal Cans
  • Others

By End Use:

  • Food
  • Beverage
  • Alcoholic
  • Non-Alcoholic
  • Pharmaceutical
  • Personal care & cosmetics
  • Electronic comp.
  • Chemicals
  • Other (Automotive, etc)

Read Related Reports:
https://apsaraofindia.tribe.so/post/straw-market-share-growing-rapidly-with-recent-trends-development-revenue-d–62e101d3874f5262e38c12fb
https://community-specialists.tribe.so/post/straw-market-analysis-company-profiles-competitive-landscape-and-key-region–62e101d50cabcb176e475181
https://howtolive.tribe.so/post/straw-market-analysis-by-key-players-share-revenue-trends-size-growth-oppor–62e101d9874f5276d88c12ff

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

Contact:
Future Market Insights, Inc
Christiana Corporate,
200 Continental Drive,
Suite 401, Newark,
Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs

E-tailing Solutions Market 2022 Statistics, Share Price, Growth Prospects, Industry Trends, Approach Taken, Developed Methodology, Important Players, and Geographical Analysis by Forecast to 2030

The global e-tailing solutions market is predicted to reach US$ 5 billion in 2020 and to grow at a CAGR of 14.2% from 2020 to 2030, according to research by Future Market Insight. The market will be built on e-tailing solutions, which are fueled by online business stages and will assist its growth during the pandemic.

The adoption of the internet as a business platform benefits both business-to-consumer (B2C) and business-to-business (B2B) models, resulting in a high pace of change, steady growth, market soundness, and long-term enterprises. Organizations depend on e-tailing solutions plans of action to be at the centre of attention as they try to cope with the ongoing pandemic.

Web development has been the backbone of the e-tailing solutions sector, enabling specialised companies to reach a larger audience over time. With the consistent assistance of the internet commerce sector, businesses have successfully considered every segment of the consumer population except for online retail. According to a study, 30% of consumer purchases were tracked online, which establishes a crucial number that calls for a deeper analysis.

Players in the e-tailing business sector are constantly focused on the creation of customer-driven e-tailing solution stages with the province language Chabot decision and instructions for ongoing support. For a few players, offering intuitive e-tailing solutions points of interaction for swift routes and searches has been essential to their continued success.

Worldwide providers of e-tailing services are embracing new technologies including big data analysis, the Internet of Things (IoT), blockchain technology, and armada the board programming for the executives to achieve functional mastery. Setting up a stable demographic has relied heavily on providing ongoing correspondence to the end user. The client’s journey from looking for products to certain delivery uses a variety of clever technologies that depend on thorough research for a rich experience.

Get a Sample Copy of Report@
https://www.futuremarketinsights.com/reports/sample/rep-gb-62

Key Takeaways of E-tailing solutions Market Study

  • E-tailing solutions market to see remarkable development in South Asia and Pacific with developing level players
  • AI and computerized reasoning calculations for worked on prescient investigation of purchaser conduct to upgrade benefit of e-tailing solutions merchants
  • Food and refreshments portion expected to hold its driving portion of 31% before the finish of 2030
  • Further developed vehicle and planned operations with IoT, blockchain innovation, and brilliant agreements to clear way for smooth advancement for e-tailing solutions across the globe

Coronavirus Impact Analysis

Coronavirus episode has contrarily hit the trivial merchandise deals on e-tailing solutions shopping entries. On the other hand, it has additionally featured these merchant’s jobs, to find out safe shopping by safe house to house conveyance and allowing less groups in shopping regions. Accordingly, in the moving toward months, Covid will feature a positive understanding of e-tailing solutions sellers, empowering their part in the general economy.

Competitive Landscape

Some of the major companies operating in the e-tailing market are Salesforce.com, Inc., Shopify Inc., Digital River, Inc., Oracle, BigCommerce Pty. Ltd., WooCommerce, eComchain, Adobe, VTEX, Elastic Path Software Inc., Skava, Sitecore, SAP, Kentico Software and Wix.com, Inc.

Ask for Customization@
https://www.futuremarketinsights.com/customization-available/rep-gb-62

E-tailing Solutions Market: Segmentation

The global e-tailing solutions market is segmented in detail to cover every aspect of the market, and present a complete market intelligence approach to readers.

Solution

  • E-commerce Platform
  • E-commerce APIs
  • Services

Vertical

  • Food & Beverages
  • Fashion & Apparel
  • Health & Beauty
  • Electronics
  • Automotive
  • Home & Furniture
  • Others

Region

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

Read Related Reports:

https://medium.com/@akshay.shinde.vu/power-electronics-market-size-2022-statistics-share-price-growth-prospects-industry-trends-ca026f13efb3
https://medium.com/@akshay.shinde.vu/koninklijke-philips-nv-apple-inc-7ead4fcad60c
https://medium.com/@akshay.shinde.vu/market-share-demand-analysis-growth-trends-and-forecast-for-visitor-management-systems-through-12e029607cf7
https://medium.com/@akshay.shinde.vu/latest-trends-regional-perspectives-and-global-industry-dynamics-for-the-marine-communication-3ae98dfcf11f

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/global-e-tailing-market
For Sales Enquiries: sales@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports
LinkedIn| Twitter| Blogs 

Filament Tapes Market Revenue, Future Growth, Trends, Top Key Players, Business Opportunities, Industry Share, Size Analysis by Forecast 2026

In the filament tapes market, the electrical & electronics and automotive segments are collectively generating revenue of USD 1,499 million in 2022, according to the Annual Market Analysis conducted by Future Market Insights.The global filament tapes market is estimated at USD 4.9 billion in 2022 and is projected to reach USD 6.6 billion by 2026, at a CAGR of 7.8% from 2022 to 2026.

Amidst the COVID 19 pandemic, the e-Commerce industry is likely to grow at an unprecedented pace, which is expected to augment the growth of the filament tapes market. On the flip side, industries such as automotive and consumer goods have been highly affected by the pandemic. As such, growth of the global filament tape market is expected to be relatively slow in 2020

Download Sample Copy of Report @
https://www.futuremarketinsights.com/reports/sample/rep-gb-2852

“Key manufacturers of filament tapes are focusing on product innovation and technological integration that can allow at-scale production, resulting in quality products at a lower cost. This is likely to attract customers, as it balances cost and value. Organizations are also partnering and collaborating with other players in the market to penetrate deeper into untapped regions. This will enhance brand value and increases market competitiveness in the filament tapes market.”

Key Takeaways of Filament Tapes Market Study

  • Single-sided tapes account for over 50% share of the overall filament tapes market. However, double-sided tapes are expected to register high incremental opportunity in comparison with single-sided tapes, owing to their multi-functional ability and high performance characteristics.
  • Amongst the adhesive types, rubber-based and acrylic-based adhesive types would account for over 70% market share, cumulatively.
  • As per FMI analysis, carton sealing is major application of filament tapes, followed by insulation and bundling. Cartons that need to be transported require sturdy packaging to prevent products from getting damaged. Due to increase in e-Commerce spending and growth of the FMCG sector, the carton sealing application is expected to remain prominent throughout the forecast period.
  • Automotive and electrical & electronics industries, cumulatively, would maintain their primacy in the filament tapes market. However, due to the impact of the COVID-19 outbreak, growth is anticipated to take a dip in the near term.
  • Application of filament tapes is likely to surge in shipping & logistics and food & beverages, attributable to increasing shift of customers towards essential goods.

Feel free to Ask your Queries @
https://www.futuremarketinsights.com/ask-question/rep-gb-2852

Filament Tapes Market Landscape

3M, Intertape Polymer Inc., and Saint Gobain Performance Plastics Corporation have been identified as the top players in the global filament tapes market, and account for over 20% of global market value. Tier-2 players such as Tesa Tape Inc., Sekisui Chemical Group, and Shurtape Technologies, along with others players, also have decent sales of filament tapes. Tier-3 players such as Folsen, Guangzhou Weasy Adhesive Products Co., Euro Tapes Pvt. Ltd., and Cosmos Tapes & Labels Private Limited are other noteworthy market players.

Filament Tapes Market by Category

By Filament Type, Filament Tapes Market is Segmented as:

  • Single Sided Tapes
  • Double Sided Tapes

By Backing Adhesive Type, Filament Tapes Market is Segmented as:

  • Plastic Film
    • Polypropylene (PP)
    • Polyvinyl Chloride (PVC)
    • Polyethylene (PE)
    • Polyester (PS)
    • Others
  • Paper
  • Fabric
  • Foam

By Adhesive Type, Filament Tapes Market is Segmented as:

  • Rubber Based
    • Natural Rubber
    • Synthetic Rubber
  • Acrylic Based
  • Hot Melt Adhesive

By Width, Filament Tapes Market is Segmented as:

  • 12 mm
  • 18 mm
  • 24 mm
  • 36 mm
  • 48 mm
  • 72 mm
  • 96 mm

Request a Complete TOC of this Report with figures@
https://www.futuremarketinsights.com/toc/rep-gb-2852

Read Related Reports:
https://shangwich.mn.co/posts/25543190?utm_source=manual
https://stemfemmes.mn.co/posts/25543191?utm_source=manual
https://careero.mn.co/posts/25543193?utm_source=manual
https://thegameoflife-de.mn.co/posts/25543196?utm_source=manual
https://network-66643.mn.co/posts/25543200?utm_source=manual

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

Contact:
Future Market Insights, Inc
Christiana Corporate,
200 Continental Drive,
Suite 401, Newark,
Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs

Micro Perforated Films For Packaging Market Business Opportunities, Top Manufacture, Growth, Share Report, Size, Regional Analysis and Global Forecast to 2031

Technology upgradation has major contribution towards increasing sales of micro perforated films packaging across the globe. Future Market Insights (FMI) in a new study has forecast the market to rise on expanding packaging industry, resilient ecommerce, and growing food delivery sector.

In its new study, ESOMAR-certified market research and consulting firm Future Market Insights (FMI) offers insights into key factors driving demand for micro perforated films packaging. The report tracks the global sales of micro perforated films in 20+ high-growth markets, along with analyzing the impact COVID-19 has had on the food packaging industry in general, and micro perforated films in particular.

Request for Sample@
https://www.futuremarketinsights.com/reports/sample/rep-gb-2114

Advent of laser technology with advanced features such as laser power control, laser-pulse confirmation, and in-line video inspection results in enhancing precise gas and moisture transmission rates and hence shelf life of the inside product. Furthermore, the current packaging method encompasses CO2 laser technology for better sealing and maintaining freshness of the product.

As per FMI analysis, laser perforation technology segment is holding maximum share in the global market compared to other segments. This technology offers high quality perforation and better consistency, venting and etching than mechanical venting and punch technique. Although, this technology holds nearly 3/5th value share in the global market, which is attributable to aforementioned benefits, it is estimated to gain by nearly 200bps of current market share in near future.

Additionally, the food packaging industry has been giving impetus to increasing sales of micro perforated films. Emerging e-commerce and online markets have fuelled up demand for micro perforated films. Investments in ready-to-eat food packaging and development of bakery and confectionary sector present a positive outlook for the growth of micro perforated films packaging market.

Key Takeaways of Micro Perforated Films Market Study

  • Polypropylene has emerged as more preferred material for manufacturing micro perforated films and accounts for nearly half of the market share. Consistently increasing demand for high oxygen transmission rate carrying perforated films among end users bolstering polypropylene uptake
  • Wraps/rolls are the most preferred type of packaging among consumers and their sales are estimated to increase further in the coming years. This segment is anticipated to remain lucrative in terms of incremental $ opportunity, during the forecast period
  • Sales of micro perforated films in food packaging is expected to accelerate in next decade. Changing consumer food preferences such as ready-to-eat and on-the-go food has significant impact on the market growth for ensuring better shelf life of the product
  • Micro perforated films packaging market in the United States alone is likely to increase at 5.2% during the forecast period. Micro perforated films sales in the US will be over 30% of total demand throughout the forecast period

Ask an Analyst@
https://www.futuremarketinsights.com/ask-question/rep-gb-2114

Demand for ready to eat and take-out food has increased owing to change in lifestyle, increase in disposable income of customers, and rapid urbanization in the emerging economies. Also, food consumption habits of consumers have changed rapidly owing to swiftly proliferating corporate work culture and industrialization. These developments are enabling sales in emerging economies where more number of food outlets and online food delivery services have opened.

Consumer focus on hygiene and food safety amid COVID-19 pandemic along with the rising demand for convenient packaging solution are increasing day-by-day. These requirements are inducing changes in packaging solutions. The demand for micro perforated films is increased potentially in the past year as consumers are preferring packaging solution that will keep product disinfected for longer duration. Besides this, government is also keeping eye on maintaining standards and quality of packaging approaches and material especially for direct consumable products. Reducing waste due to faster deterioration of food product, ease of contamination and fungal growth can be controlled to some extent using micro perforated films. Therefore, end users are gaining significant traction for such type of packaging films.

Impact of COVID-19 on Micro Perforated Films Market

The COVID-19 pandemic has impacted the micro perforated films market owing to the disruptions in the supply chain. Severity and duration of the crisis and weak corporate balance sheets of the companies that are the customers of the packaging industry could result in significant pressure on the micro perforated films manufacturers to reduce selling prices and costs. The recovery of the micro perforated films players depends on the degree of disruption and the demand by customers. Furthermore, sectors such as packaging for food and pharmaceutical packaging are anticipated to witness rapid rebound. However, for sector such as construction, the recovery is likely to be slower, as the customers are hesitant to incur expenditure on non-necessary goods.

Who is Winning?

Amcor Limited, Uflex Ltd., Sealed Air Corporation, Bollore Group, Mondi Group, TCL Packaging Limited, KOROZO Ambalaj San,ve Tic A.S, Darnel Group, Coveris Holdings SA and NORDFOLIEN GmbH are some of the leading companies operating in the market. The micro perforated films market is fragmented and the Tier 3 players in the market hold 60-70% share in the global micro perforated films market.

In order to gain competitive advantage companies are focusing on product launches. For instance Uflex Limited has launched various projects like Project Plastic Fix, FlexFilms for more sustainable and recyclable plastic films in 2020.

Request a Complete TOC of this Report with figures@
https://www.futuremarketinsights.com/toc/rep-gb-2114

Read Related Reports:
https://shangwich.mn.co/posts/25543190?utm_source=manual
https://stemfemmes.mn.co/posts/25543191?utm_source=manual
https://careero.mn.co/posts/25543193?utm_source=manual
https://thegameoflife-de.mn.co/posts/25543196?utm_source=manual
https://network-66643.mn.co/posts/25543200?utm_source=manual

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

Contact:
Future Market Insights, Inc
Christiana Corporate,
200 Continental Drive,
Suite 401, Newark,
Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs

Connected Solutions for Oil & Gas Market Analysis, Future Growth, Business Prospects, Size, Share, Development, Forecast to 2030 : Cisco Systems, Inc., Intel Corporation, Sierra Wireless, General Electric, Honeywell International, Telit, Schneider Electric, Siemens AG, Robert Bosch GmbH,

During the forecast period, the connected solutions for oil and gas market is anticipated to grow at a remarkable CAGR of 16.3%. (2020-2030). The COVID-19 epidemic has had a significant negative impact on the world economy, severely harming the oil and gas sectors and costing countless jobs. Governments have promised stimulus plans, but the problem of enormous, excess oil and gas stocks has grown significantly. Consequently, adoption rates for connected solutions for the oil and gas industry will decline.

As people and organisations take steps to reduce their dependency on fossil fuels, many oil and gas firms are now experiencing financial difficulties. However, spending on IoT-based solutions will benefit from increased productivity, dependability, and utility, as well as improved performance and lower operating expenses.

Connected Solutions for Oil & Gas Sector Outlook & Key Findings

  • Connected solutions for oil & gas sector expected to surge at a CAGR of 16.3% between 2020 and 2030
  • VR training emerges as popular connected solution in the oil and gas market as it remains on the cusp of digital transformation
  • Connected pipeline solution solving challenge associated with damaging leaks leading to massive losses
  • IoT to play critical role in minimizing downtime with machine learning and predictive analytics
  • Fleet management to remain undeniably important to asset tracking and improved deliveries
  • Connected solutions for oil & gas market also enables remote monitoring – an appropriate solution to operational challenges  due to COVID-19

Request a sample of the Report @
https://www.futuremarketinsights.com/reports/sample/rep-gb-9181

Connected Solutions for Oil & Gas Market – Primary Takeaways

  • Software solutions are highly sought after for connected solutions for oil & gas organizations with the high demand for operational automation.
  • Connected solutions for oil & gas services will grow strongly, driven by high requirement of support and maintenance operations.
  • Predictive and preventive maintenance applications are gaining traction with frequent innovations in Internet of Things and Industry 4.0 practices.
  • Asset tracking applications are also witnessing rapid growth with use in government, and private verticals.
  • North America will lead the connected solutions for oil & gas market with strong exploration activity in the U.S. and Canada. Infrastructural modernization in India and China will help growth in Asia Pacific.

The Projected Impact of COVID-19

Connected solutions for oil & gas companies have taken up efforts to leverage their capabilities to adopt machine learning based tools in addition to the use of drones and unmanned vehicles in oil & gas industry operations. Market players have implemented programs to aid numerous workers to train remotely and meet the evolving requirements of the industry. Also, connected solutions have been used to minimize supply delays and disruptions.

Also, connected solutions can be used to optimize predictive and preventive maintenance to not only reduce production downtime, but also to control purchase costs. Such opportunities will prove lucrative to market players through the crisis period, and will set a strong foundation of growth even after the end of the pandemic.

Ask An Analyst @
https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-9181

Competition Landscape – Driving Growth through Innovation

Growing customer expectations and intense competition are creating a storm in the global Connected Solutions for Oil & Gas market, which is compelling solution providers to innovate and improve customer engagement. Various Connected Solutions for Oil & Gas solution providers are focusing on offering digital solutions with advanced technologies to cater the changing customer needs and expectations.

Some of the key players in the Connected Solutions for Oil & Gas market are Cisco Systems, Inc., Intel Corporation, Sierra Wireless, General Electric, Honeywell International, Telit, Schneider Electric, Siemens AG, and Robert Bosch GmbH

Connected Solutions for Oil & Gas Market: Segmentation

The global connected solutions for oil & gas market is segmented in detail to cover every aspect of the market, and present a complete market intelligence approach to readers.

Component

  • Hardware
    • Sensors
    • Beacons
    • IoT Gateways
    • Others
  • Software
    • Oil & Gas IoT Platform
    • Fleet Management Software
    • Others
  • Services
    • Professional Services
      • Oil & Gas Consulting & Advisory
      • Integration & Deployment Services
      • Support & Maintenance
    • Managed Services

Value Chain

  • Upstream
  • Midstream
  • Downstream

Application

  • Asset Tracking and Monitoring
  • Predictive and Preventive Maintenance
  • Supply Chain Management
  • Leak Detection
  • Fleet Management
  • Others

Region

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

Read Related Reports:

https://medium.com/@akshay.shinde.vu/power-electronics-market-size-2022-statistics-share-price-growth-prospects-industry-trends-ca026f13efb3
https://medium.com/@akshay.shinde.vu/koninklijke-philips-nv-apple-inc-7ead4fcad60c
https://medium.com/@akshay.shinde.vu/market-share-demand-analysis-growth-trends-and-forecast-for-visitor-management-systems-through-12e029607cf7
https://medium.com/@akshay.shinde.vu/latest-trends-regional-perspectives-and-global-industry-dynamics-for-the-marine-communication-3ae98dfcf11f

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/connected-oil-and-gas-market
For Sales Enquiries: sales@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports
LinkedIn| Twitter| Blogs 

North America Fresh Meat Packaging Market Business Opportunities, Top Manufacture, Growth, Share Report, Size, Regional Analysis and Global Forecast to 2031

The North America fresh meat packaging market is expected to grow the market valuation of US$ 788 million in 2021. The growth can be attributed to availability of customization in clear meat packaging and high demand for convenient packaging solutions among urban population. Future Market Insights (FMI) predicts that fresh meat packaging market sales will surpass 365,800 tons in North America by the end of 2021.

Competitive Landscape

Future Market Insights in its latest market analysis discusses about the key trends shaping the fresh meat packaging market and highlights the strategies employed by market players to strengthen their market position. Market players are emphasizing on expanding their product portfolio to reach wider customer base. They are also inclined towards forming alliance and strategic merger and acquisition with other players.

Request Sample @
https://www.futuremarketinsights.com/reports/sample/rep-na-1517

For instance, in April 2021, Coveris Holdings S.A. completed the acquisition of a profitable and stable business Initial Packaging Ltd which specialized in the production of specialty bags to focus on converted high end packaging solutions

At film convertor level

  • Bemis Company, Inc.,
  • Winpak Ltd.,
  • Sealed Air Corp.,
  • Berry Plastic Group, Inc.,
  • Coveris Holdings S.A.

At packaging equipment manufacturers level

  • Multivac Sepp Haggenmüller GmbH & Co.KG
  • Robert Reiser & Co
  • Harpak-ULMA Packaging, LLC
  • ALKAR-RapidPak, Inc.
  • Sealpac International BV.

At meat producer level

  • Tyson Foods, Inc.
  • JBS SA ADR
  • Cargill Meat Solutions Corporation
  • National Beef Packing Company, LLC.
  • Hormel Foods Corporation

At the retailer level

  • Wal-Mart Stores, Inc.
  • The Kroger Co.
  • Costco Wholesale Corporation
  • Whole Foods Market IP. L.P.
  • Wegmans Food Markets Inc.

Competition in the North America market for fresh meat packaging is expected soar. FMI however forecasts Berry Global Group Inc., Amcor Plc, Sealed Air Corp., Bolloré Group, and Winpak Ltd. to remain dominant, accounting for nearly 15% to 20% of overall sales registered in 2021.

Market players are looking towards integrating recycled material in fresh meat packaging to replace the packaging solutions containing polystyrene foam tray and plastic film.

Growing consumer awareness and concern for non-biodegradable plastic has pushed market payers towards producing bio-plastics and molded fiber materials in compliance with performance requirements and standards set in packaging to keep the meat fresh for consumption.

Increasing consumption of animal meat especially poultry, pork, and beef in U.S. and Canada will boost the demand for fresh meat packaging solutions during the forecast period. Rapid urbanization and improved standard of living are the key factors directly influencing the consumption of animal products in these countries.

More than 354 million chickens were slaughtered in federally inspected slaughter houses in 2021 in Canada, according to Agriculture and Agri-Food Canada, Animal Industry Division.

Increasing slaughtering activities and establishment of retail chains and supermarkets has made animal meat readily available across North America. Rising demand for sustainable packaging which keeps meat fresh and offers stable shelf life has accelerated the sales of high barrier fresh meat packaging products.

COVID-19 pandemic hindered the fresh meat packaging production due to lack of raw material used in manufacturing and disruption of supply chain. As majority of raw materials are imported, lockdown and closure of trading routes slowed the production rate.

Market is expected to bounce back post pandemic. Investment in research and development of environment friendly packaging solution will boost the market growth.

Ask  An Analyst @
https://www.futuremarketinsights.com/askus/rep-na-1517

Key Takeaways from FMI’s Fresh Meat Packaging Market Study

  • Ethylene Vinyl Alcohol (EVOH) material segment is expected to grow at more than 4% CAGR owing to its eco-friendly nature and high recyclability.
  • Modified atmosphere packaging technology is predicted to expand at more than 2.6% CAGR owing to its superior aesthetics and improved shelf life.
  • 7-layer segment will generate the highest revenue followed by 5-layer segment as they offer extended shelf life, protects meat from bacteria like salmonella.
  • U.S. will account for more than 80% share of the North America market backed by increasing consumption and export of poultry and beef and presence of modern processing infrastructure in the country.

“Rising popularity of fresh processed meat products like hot dogs and rapid expansion of quick service restaurant chains and fast food joints like McDonalds will boost the demand for fresh meat packaging in North America,” says the FMI analyst.

Key Segments Covered in Fresh meat packaging Market Study:

By Packaging Format:

  • Modified Atmospheric Packaging
  • Vacuum Skin Packaging
  • Verteroplasty Packaging
  • Others

By Material Type:

  • Polyethylene
  • Poly vinyl chloride
  • Bi-axially oriented polypropylene
  • Polyamide
  • Ethylene-vinyl alcohol copolymer
  • Polypropylene
  • Others

By Layer Type:

  • Monolayer
  • 3-layer
  • 5-layer
  • 7-layer
  • 9-layer

By Meat Type:

  • Beef
  • Pork
  • Poultry
  • Others

Key Regions/Countries Covered:

  • North America
    • U.S.
    • Canada

Request TOC @
https://www.futuremarketinsights.com/toc/rep-na-1517

Read Related Reports:
https://shangwich.mn.co/posts/25543190?utm_source=manual
https://stemfemmes.mn.co/posts/25543191?utm_source=manual
https://careero.mn.co/posts/25543193?utm_source=manual
https://thegameoflife-de.mn.co/posts/25543196?utm_source=manual
https://network-66643.mn.co/posts/25543200?utm_source=manual

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

Contact:
Future Market Insights, Inc
Christiana Corporate,
200 Continental Drive,
Suite 401, Newark,
Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs

3D Scanners Market Growth, Analysis Report, Share, Trends and Overview 2022-2030 : Hexagon AB, Faro Technologies Inc., Nikon Metrology NV, Topcon Corporation, Trimble Inc., Creaform, Inc., Perceptron Inc., GOM MBH,

The global 3D scanners market is anticipated to grow from a US$ 3.26 billion market valuation in 2022 to a US$ 9.65 billion market valuation by 2030, expanding at a rapid CAGR of 14.5%.

3D Scanners Market Size (2022) US$ 3.26 Bn
Sales Forecast (2030) US$ 9.65 Bn
Global Market Growth Rate (2022 to 2030) 14.5% CAGR
Share of Top 5 Players 50%

The use of 3D scanners in business applications has been rapidly increasing. Furthermore, the adaptability of 3D scanning technology to be tailored to meet professional requirements in many industries has accelerated its acceptance across significant end-use industries. As an illustration, 3D scanners are used in the healthcare industry to build three-dimensional models of body organs that are then used to create prosthetics.

Globally, the coronavirus (COVID-19) epidemic has reduced electronics manufacturers’ profit margins. As a result, market participants for 3D scanners regularly experience weeks-long delays due to a lack of raw materials. The manufacturing and automotive sectors are also major income generators for the market for 3D scanners, and the pandemic has had a significant impact on these sectors as well.

Get a Sample Copy of Report@
https://www.futuremarketinsights.com/reports/sample/rep-gb-1505

As a result, there would be a noticeable decline in demand from these sectors for 3D scanners. Throughout 60% of participants predict that business operations will improve by October 2022, while the majority of manufacturers predict a fall in sales over the first two quarters of 2020.

Key Takeaways of 3D Scanners Market Study

  • 3D scanners/hardware will continue to hold leading market share over the following decade.
  • Among all the services, 3D design and modeling services are expected to expand at the highest CAGR over the coming years.
  • Market players continue to capitalize on portable/handheld 3D scanners, while robot-mount 3D scanners would offer potential value-capture opportunities.
  • Short range (less than 1m) 3D scanners would capture a prominent revenue share; long range (more than 300.1m) 3D scanners to witness adoption upsurge in the coming years.
  • Healthcare and manufacturing industries would remain the key end users of 3D scanners; the latter to show the most worthwhile prospects in the near term.
  • North America continues to engage market players; East Asia to offer potential growth avenues.

Request Brochure of Report@
https://www.futuremarketinsights.com/reports/brochure/rep-gb-1505

Increasing Usage of 3D Laser Scanners in Collision Detection to Drive Market

3D scanners are used in collision avoidance as well as in vehicle navigation applications. These scanners come with features such as high accuracy of recorded measurements, making 3D scanners immensely useful for use cases, including reconstruction and collision detection.

Furthermore, handheld 3D scanners are utilized to record the interiors of damaged vehicles, allowing internal damages to be recorded, measured, and analysed. As such, 3D scanners tick all the boxes of safety, speed, and flexibility, to offer complete collision detection as well as reduce the impact of traffic flow.

Key Segments of 3D Scanners Industry Survey

3D Scanners Market By Component :

  • 3D Scanners /Hardware
    • Laser 3D Scanners
    • Optical 3D Scanners
    • Structured-light 3D Scanners
  • 3D Scanning Software
  • Services
    • 3D Design & Modelling
    • Integration & Deployment
    • Consulting
    • Support & Maintenance

3D Scanners Market By Type :

  • Portable/Handheld 3D Scanners
  • Desktop-based 3D Scanners
  • Fixed-mount 3D Scanners
  • Robot-mount 3D Scanners

3D Scanners Market By Range :

  • Short Range (Less than 1m) 3D Scanners
  • Medium Range (1.1m to 300m) 3D Scanners
  • Long Range (More than 300m) 3D Scanners

3D Scanners Market By End User :

  • Automotive
  • Aerospace & Defense
  • Civil and Architecture
  • Healthcare
  • Education
  • Manufacturing
  • Media & Entertainment
  • Others

3D Scanners Market By Region :

  • North America 3D Scanners Market
  • Latin America 3D Scanners Market
  • Europe 3D Scanners Market
  • East Asia 3D Scanners Market
  • South Asia & Pacific 3D Scanners Market
  • Middle East & Africa (MEA) 3D Scanners Market

Request advisory customization available@
https://www.futuremarketinsights.com/customization-available/rep-gb-1505

More Valuable Insights on 3D scanners Market

In its latest report, ESOMAR-certified market research and consulting firm offers an unbiased analysis of the global 3D scanners market, providing historical data for the period of 2015-2021 and forecast statistics for 2022-2030. To understand the opportunities in the 3D scanners market, the market is segmented on the basis of component (3D scanners/hardware, 3D scanning software, services), type (portable/handheld, desktop-based, fixed-mount, robot-mount), range (short range, medium range, long range), and end user (automotive, aerospace & defense, civil & architecture, healthcare, education, manufacturing, media & entertainment, others), across six major regions.

Read Related Reports:

https://medium.com/@akshay.shinde.vu/power-electronics-market-size-2022-statistics-share-price-growth-prospects-industry-trends-ca026f13efb3
https://medium.com/@akshay.shinde.vu/koninklijke-philips-nv-apple-inc-7ead4fcad60c
https://medium.com/@akshay.shinde.vu/market-share-demand-analysis-growth-trends-and-forecast-for-visitor-management-systems-through-12e029607cf7
https://medium.com/@akshay.shinde.vu/latest-trends-regional-perspectives-and-global-industry-dynamics-for-the-marine-communication-3ae98dfcf11f

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/3d-scanner-market
For Sales Enquiries: sales@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports
LinkedIn| Twitter| Blogs 

Flight Simulator Market 2022 Global Competition by Opportunity Assessment and Forecast by 2030: CAE Inc., L-3 Communications Holdings Inc., Flightsafety International, The Boeing Company, Thales Group, Collins Aerospace, Airbus Group N.V., Indra Sistemas SA,

Predominantly driven by their civil and military & defense applications, demand for flight simulators is projected to see a steady growth outlook during 2020 – 2030. A new Future Market Insights (FMI) study forecasts that the global flight simulator market will experience around 1.5X expansion in revenues over the period of projection, and developing Asian economies hold a lucrative position for stakeholders.

Mass adoption of air travelling by consumers in developing countries of Asia Pacific warrant addition of airline routes, and personnel such as traffic controllers, pilots, and cabin crew. This acts as a major factor assisting growth of the flight simulator market. Growing integration of augmented reality (AR), and virtual reality (VR) applications in flight simulators will strengthen the prospects of flight simulator market. Efficiency of these next-gen technologies to imitate real-life situations is central to the demand for flight simulators.

Request a Sample of this Report @
https://www.futuremarketinsights.com/reports/sample/rep-gb-11598

Key Takeaways from the Flight Simulator Market

  • Full flight simulator (FFS) accounts for more than 90% of flight simulator sales.
  • Civil applications account for over 69% of total adoption.
  • Military & defense industry will emerge as a highly lucrative area of investment for market stakeholders, with a projected 5% CAGR through 2030.
  • Adoption of fixed flight training devices is projected for an impressive surge in the near future.
  • North America maintains hegemony, with nearly half of the total market value.
  • Flight simulator market in South Asia is poised for a healthy 6.8% CAGR during the forecast period.

Flight simulators are amongst the most vulnerable verticals hit by COVID-19 pandemic. As airline companies struggle to make ends meet, many have suspended all operations. Governments are deploying air fleets to rescue citizens stranded in foreign countries. This further strains cash reserves of airline companies. Since flights are being flown on a pro-bono basis. Government rescue funds offer some sigh of relief, but a full-fledged recovery is only possible post the pandemic. This detrimental impact on the airline industry is likely to cause a significant fall in the demand for flights simulators. As the industry faces an excess of idle workforce they will not invest in training new pilots during the pandemic.

Market players are in the long haul, even after the pandemic, the airline industry would be on a steep downfall for a while – in terms of ticketing, and on premise sales. Our analysis reveals that there would hardly be a sign of normalcy before Q3 2020. Financial burden of current outstanding refunds, and consumer behavior post COVID-19 will dictate the recovery of the airline industry. Which will further influence the recovery and uptake in demand for flight simulators during the forecast period.

Flight Simulator Market – Key Participant Insights

Flight simulators have been ideal for usage in effective training of airline staff, which continues to push their adoption by airline companies. Innovative applications of flight simulators in cabin crew and ground crew training will further present gainful opportunities in the global market. Key market players are leveraging these innovative applications such as air traffic controller training to differentiate their products in the market.

Developments in Aircraft Simulation Technology (AST) is a popular product differentiation strategy among market players. Major players are forging long-term relationships with suppliers, technology partners, and vendors to expand their production capacities. Reducing the time-to-market, and expansion of global footprint will dictate the competitive landscape in the flight simulator market.

Key players in flight simulator market that have been covered in this FMI report include, but are not limited to, CAE Inc., L-3 Communications Holdings Inc., Flightsafety International, The Boeing Company, Thales Group, Collins Aerospace, Airbus Group N.V., Indra Sistemas SA, and TRU Simulation + Training.

 Request for Customization @
https://www.futuremarketinsights.com/customization-available/rep-gb-11598

Key Research Findings

  • Adoption of flight simulators for military & defense applications will exhibit a healthy CAGR of 5% during the forecast period, 2020 – 2030.
  • Demand for Fixed Flight Training Devices (FTD) continues to grow strong, on the back of their application in effective pilot trainings.
  • Full Flight Simulator (FFS) sales will grow 1.5X between 2020 and 2030, though at a steady pace.
  • Owing to proliferation of air travellers, especially in developing countries, civil applications of flight simulators will rise 1.4X during period of projection.
  • North America leads the global flight simulator market, with a major revenue share of over 49%.

Flight Simulator Market: Segmentation

Type

  • Full Flight Simulator (FFS)
  • Fixed Flight Training Devices (FTD)

Application

  • Civil
  • Military & Defense

Read Related Reports:

https://medium.com/@akshay.shinde.vu/power-electronics-market-size-2022-statistics-share-price-growth-prospects-industry-trends-ca026f13efb3
https://medium.com/@akshay.shinde.vu/koninklijke-philips-nv-apple-inc-7ead4fcad60c
https://medium.com/@akshay.shinde.vu/market-share-demand-analysis-growth-trends-and-forecast-for-visitor-management-systems-through-12e029607cf7
https://medium.com/@akshay.shinde.vu/latest-trends-regional-perspectives-and-global-industry-dynamics-for-the-marine-communication-3ae98dfcf11f

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/flight-simulator-market
For Sales Enquiries: sales@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports
LinkedIn| Twitter| Blogs