Survival Tools Market to increase at a healthy 7.7% CAGR over the forecast period, reaching US$ 1.1 Bn in 2022

The global sales of survival tools market are likely to soar at 7.7% CAGR through 2030. Growth will be driven by a growing sentiment on self-protection amidst a rapidly changing environment.

Players in the survival tools market, which has experienced moderate growth and expansion into the mainstream market, must identify their target customers and develop strategies (and products) that are future-proof in order to differentiate themselves from their rivals.

Since January 2020, the COVID-19 outbreak, the Australian bushfires, and the assassination of the Iranian military chief have all increased demand for survival kits.

Key Findings

  • Pocket tools to remain preferred among consumers
  • Manufacturers continue to use stainless steel to develop survival tools
  • Adoption of survival tools to remain prominent in hiking activities
  • Players to invest in multi-brand stores for substantial sales of survival tools
  • North America and Europe to represent most lucrative opportunities for survival tools market players

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“Generation X (Xers) have been key factor driving revenue leaps for survival tools market over recent past. The demographic cohort has essentially transformed the concept of ‘survivalism’ from hobby to lifestyle. Moreover, Xers prioritize self-reliance and resilience and are attracted towards ‘survival schools’ to learn to live with basics,” says analyst at FMI.

COVID-19 Impact Survival Tools Market on

While many industries are striving to click revenue targets as several countries, globally, come to grips with the COVID-19 pandemic, the survival tools market has been booming. Despite survival tools industry was not prepared for catastrophe of this scale, sales remain unaffected by the onset of the pandemic. Demand for survival tools is increasing following COVID-19 contagion.

Consumers are increasingly purchasing pocket tools, first aid kits, and ropes to prepare for doomsday scenarios. The COVID-19 pandemic has triggered drastic changes in consumer lifestyle. Consumers are continuously seeking ways to stock up on essentials such as medicines, survival kits, and food.

While certain regions of hard-hit countries are opening up, consumers are still facing dearth of all sorts of odds and ends. In addition, as various regions are being exposed to the second wave of COVID-19 pandemic, there are uncertainties regarding further tightening of lockdown restrictions.

The COVID-19 recession has reset the bars for how manufacturers engage with suppliers and consumers. As these trends sweep across market landscape, survival tool manufacturers must rethink existing operating models and supply chains.

Survival Tools Market – Competitive Intelligence

The global survival tools market is highly fragmented, with several players racing towards capturing leading value share. In an effort to survive the rising market competition, manufacturers are focusing on new launches and acquisitions, for instance,

  • UST has developed new camping equipment that accent excellent durability and functionality. In addition, the company has started leveraging 100% recyclable packaging to its new offerings, and will phase out conventional packaging.
  • Tender Corporation has acquired Bushwacker Backpack & Supply, which is maker of Counter Assault label of personal-defense items such as bear spray and tools for self-defense and law enforcement.

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Survival Tools Market by Category

Product:

  • Shovels
  • Ropes
  • Compasses
  • Pocket Tools
  • Hatchets
  • First Aid Kits

Material:

  • Stainless Steel
  • Aluminum
  • Wood
  • Plastic

Application:

  • Hiking Activities
  • Hunting and Fishing
  • Camping Activities
  • Other Wilderness Activities

Sales Channel:

  • Supermarkets/ Hypermarkets
  • Multi-Brand Stores
  • Online Retailers
  • Direct Sales
  • Specialty Stores

Region:

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

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Curling Irons Market is Expected to drive sales at a healthy 7.1% CAGR in 2032 | Valuation to US$ 3.7 Bn in 2029.

The curling iron market  size is projected to reach US$ 2.3 Bn in 2022. Surging demand for economy-range multi-functional hair styling tools is expected to drive sales at a healthy 7.1% CAGR over the assessment period, boosting the market valuation to US$ 3.7 Bn in 2029.

is driven by consumer interest for achieving salon-like hairstyle at home. The launch of economical versions curling irons has been stoking their sales in the last couple of years. In its recent study, Future Market Insights (FMI) offers exclusive insights into the market, covering factors enabling its expansion.

The report also identifies potential threats and examines the strategic actions taken by market participants to gain an edge over rivals. Between 2022 and 2029, the curling iron market is expected to grow at a CAGR of more than 7.1 percent, according to the report. The market will benefit greatly from consumers’ growing willingness to spend money on current fashion trends.

Curling iron sales were significantly boosted by social media influencers. Since the advent of YouTube, videos demonstrating the tools needed to create celebrity- or salon-like hairstyles at home have become popular on social media.

Among various hairstyling tools, curling iron brands too are riding the wave, which unfortunately was hindered by the unprecedented COVID-19 outbreak. Sluggish sales of curling irons are reported around the world as retails stores remain shuttered amid lockdown orders.

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Consumers in pandemic hit nations have been showing inclination to stay at home. Even with government easing lockdown orders, people are likely to adopt work from home as an integral part of the new normal. The lack of reasons to step out as consumers continue avoiding public gatherings and social events to contain the spread of the novel coronavirus has been adversely affecting the curling irons market.

A significantly large number of consumers are unlikely to spend on styling tools and focus primarily on essential commodities, which might hamper sales. Nonetheless, once the pandemic passes the market is expected to set on the path of recovery since consumers are unlikely to eliminate their fashion preferences any time soon.

FMI’s report offers a comprehensive overview on the curling irons market. Some of the key takeaways from the report are:

  • Portable and travel-friendly curling irons are expected to be appealing to consumers
  • To attract consumers, some of the leading brands have been launching curling irons with features such as anti-oxidant and vitamin coatings
  • Focus on innovation will increasing with time as companies look for methods of outsmarting competition. Companies primarily intend to offer multiple attributes. For instance, Revlon’s Nutrifusion line has curling irons infused with moringa and macadamia extracts to offer hair conditioning
  • Commercial applications of curling irons are expected to account for the primary share of revenue generated in the market. Demand witnessed in the household sector is forecast to rise considerably in the coming years

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Who is winning?

Competition in the global curling irons market is expected to get fiercer in the coming years. The launch of advanced products will spoil consumers with choices, while their preferences are already expected to evolve and get more dynamic. Aiding competitive trends will be the entry of several smaller brands.

Investing in innovations will therefore remain a key strategic move among companies operating in the market. Besides this, FMI projects ample focus on branding and promotional activities. These companies are expected to collaborate with social media influences to leverage their online presence.

According to FMI, some of the leading companies operating in the market are Koninklijke Philips N.V., Conair Corporation, Helen of Troy, Curlingiron.org., Spectrum Brands, Inc., Lunata Beauty, Dyson, Revlon, Inc., Andis Company, Geloon, among others.

Curling Irons Market by Category

Product Type:

  • Curling Tongs
  • Curling Wands

Price Range:

  • Economic
  • Mid-Range
  • Premium

Material Type:

  • Ceramic
  • Plastic
  • Steel
  • Titanium
  • Iron

Type:

  • Corded
  • Cordless

Application:

  • Household
  • Commercial

Sales Channels:

  • Hypermarkets/Supermarkets
  • Convenience Stores
  • Specialty Stores
  • Discount Stores
  • Independent Small Stores
  • Multi-brand Stores
  • Online Retailers
  • Other Sales Channels

Region:

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

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About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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Cooker Hoods Market is Witnessing a Significant Growth Due to Development of Innovative and Energy Efficient Household Appliances

The global cooker hoods market is expected to reach a valuation of US$ 12.10 Bn in 2022. Sales are projected to increase at a 3.6% CAGR, with the market size reaching US$ 17.15 Bn by 2032.

Due to the quick development of more inventive, energy-efficient, and technologically advanced home appliances, the U.K. is anticipated to hold a dominant market share in Europe.

The existence of major market players in the nation is another factor driving the market. Cooker hood sales are being boosted by the fact that small and medium-sized businesses are advancing thanks to new contracts and partnerships with tech-based startups.

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“The introduction of ductless cooking hoods, along with rising demand for smart kitchen appliances across the globe will augment the growth in the market in the forthcoming years,” says an FMI analyst.

Key Takeaways:

  • Based on product type, sales of integrated cooker hoods will remain high.
  • By applications, demand for cooker hoods in the residential segment will gain traction.
  • In terms of sales channel, the exclusive stores segment will expand at a considerable pace over the assessment period.
  • The U.K. will continue dominating the Europe cooker hoods market over the forecast period amid high demand for smart kitchen appliances.
  • India will emerge as a lucrative pocket owing to the expansion of the foodservice sector in the country.

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Competition Landscape

Appliances are being integrated with Internet of Things (IoT) platforms by market players. Apps for mobile and desktop devices allow smart kitchen equipment to work remotely and wirelessly,in real-time. Mergers and acquisitions, as well as product development and innovation, are among the strategies adopted by key players to gain a competitive edge.

Adding new features and functionality is a major concern for companies. Major players present in the Cooker Hoods market are Bosch, Miele, Siemens, Elica hoods, Midea, Luxair Cooker Hoods Limited, Inflame Appliances Ltd, Eico A/S, Westin, Candy Hoover Group S.r.l, Falmec Kitchen Appliance Limited and Hafele Appliances among others.

Table of Content
1. Executive Summary

    1.1. Global Market Outlook

    1.2. Summary of Key Statistics

    1.3. Summary of Key Findings

    1.4. Product Evolution Analysis

    1.5. FMI Analysis and Recommendations

2. Market Overview

    2.1. Market Taxonomy

    2.2. Market Definition

3. Key Market Trends

    3.1. Key Trends Impacting the Market

    3.2. Key Product Development Trends

        3.2.1. Product Launches

        3.2.2. Acquisition & Mergers

        3.2.3. Expansion

4. Global Cooker Hoods Market Demand Analysis 2017-2021 and Forecast, 2022-2032

    4.1. Historical Market Volume (‘000 Units) Analysis, 2017-2021

    4.2. Current and Future Market Volume (‘000 Units) Projections, 2022-2032

    4.3. Y-o-Y Growth Trend Analysis

Toc Continued…..

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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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IoT In Utilities Market : Overview With Geographical Segmentation & Revenue With Forecast 2022-2032

The worldwide IoT in the utility market is assessed to collect US$ 129.1 Billion while exhibiting a 11.9 % CAGR during the figure time frame. The growing help from a few legislatures is probably going to fuel the market development in the coming years. The industry is supposed to get US$ 41.8 Billion in 2022.

The swelling meaning of IoT in Utilities has empowered the public authority of different nations to make investments in the area, which is probably going to help the market. For instance, the U.S government means to diminish fossil fuel byproducts by 50-52% by 2030 and achieve the objective of 100 percent clean energy by 2032.

In this manner, the ongoing US administration designated roughly US$500 billion to finance the improvement of new infrastructure over the course of the following five years. Alongside this, few central members are developing new programming to expand the meaning of IoT in the ordinary world. For instance, IBM Corporation is developing its own IBM Watson IoT Platform which stresses being straightforward, secure, and adaptable.

The resource the board and monitoring fragment is probably going to offer gainful open doors for the worldwide IoT in the utility market. A few central participants are investing in IoT-empowered resource the board for better enhancement of their resources.

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Since this framework could aid any instance of glitch or breakdown, the section is catching the eye of various makers. AUM in the United States has risen practically fivefold comparative with GDP since 1946 from around half of GDP to 240% by 2021.

Key Takeaways:

  • By component, the platform segment is expected to record an 11.4% CAGR by 2032
  • By solution, the asset management & monitoring segment to expand at an 11.4% growth rate during the forecast period
  • The U.S market to garner US$ 44.6 Billion and record an 11.6% CAGR from 2022-to 2032
  • Market in China to procure US$ 9 Billion, expanding at a 13% growth rate during the assessment period

“Rising application in Smart Manufacturing, Smart Transportation, Smart Energy, Connected Healthcare, and Smart Building is likely to push the growth of the IoT solution and services market in the forecast period.”

Competitive Landscape

Key players in the global IoT in the utility market include IBM, Oracle, Verizon, Cisco, and Vodafone, among others. Recent developments among key players are:

  • In January 2022, Cisco announced a new ruggedized Catalyst switch for industrial edge uses at utilities, railways, oil and gas facilities, and for deployment in highway traffic flow and safety operations. The new rack-mountable Catalyst Industrial Ethernet 9300 switch builds on Cisco’s Catalyst 9000 series switches are now used in multiple applications including smart buildings and other industries.
  • In July 2019, HCL Technologies (HCL), a leading global technology company, expanded its strategic transformation partnership with AMS OSRAM to digitize one of the optical solutions leader’s key business processes and drive enterprise resource planning and customer relationship management systems standardization across the organization. HCL will also continue to lead IT infrastructure operations integration for the client.

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More Valuable Insights

Future Market Insights, in its new offering, presents an unbiased analysis of the global IoT in the utility market presenting a historical analysis from 2015 to 2021 and forecast statistics for the period of 2022-2032.

The study reveals essential insights based on component (management, safety and security, supervisory control and data acquisition, workforce management, network management and customer information system and billing system), solution (asset monitoring and management, safety and security, supervisory control and data acquisition, workforce management, network management and customer information system and billing system), service (consulting, integration and deployment and support and maintenance) and application (water and wastewater management, utility gas management, and electricity grid management) across five major regions (North America, Europe, Asia Pacific, Middle East & Africa and Latin America).

Key Segments Covered in the IoT in Utilities Industry Survey

IoT in Utilities by Component:

  • IoT in Utilities Platform
  • IoT in Utilities Solutions
    • Asset Management & Monitoring
    • Safety and Security
    • Supervisory Control and Data Acquisition
    • Workforce Management
    • Network Management
    • Customer Information System and Billing System
  • IoT in Utilities Services
    • Consulting
    • Integration and Deployment
    • Support and Maintenance

IoT in Utilities by Solution:

  • IoT in Utilities for Asset Monitoring and Management
  • IoT in Utilities for Safety and Security
  • IoT in Utilities for Supervisory Control and Data Acquisition
  • IoT in Utilities for Workforce Management
  • IoT in Utilities for Network Management
  • IoT in Utilities for Customer Information System and Billing System

IoT in Utilities by Service:

  • IoT in Utilities Consulting
  • IoT in Utilities Integration and Deployment
  • IoT in Utilities Support and Maintenance

IoT in Utilities by Application:

  • IoT in Utilities in Water and Wastewater Management
  • IoT in Utilities in Utility Gas Management
  • IoT in Utilities in Electricity Grid Management

IoT in Utilities by Region:

  • North America IoT in Utilities Market
  • Europe IoT in Utilities Market
  • Asia-Pacific IoT in Utilities Market
  • The Middle East & Africa IoT in Utilities Market
  • Latin America IoT in Utilities Market

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

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Hemodialys and Peritoneal Dialysis Market Development Trends, Competitive Analysis & Key Manufacturers Report 2022-2032

The hemodialys and peritoneal dialysis market is supposed to develop at a CAGR of 6.1%, from USD 81.8 billion out of 2022 to USD 148.1 billion by 2032.

The rising number of ESRD patients, the rising commonness of diabetes and hypertension, the shortage of organ benefactors and the dangers related with transfers, mechanical headways, and drives by hemodialys and peritoneal dialysis market pioneers to present high level items and administrations are driving development in this hemodialys and peritoneal dialysis market.

Be that as it may, the risks and troubles associated with dialysis, as well as item reviews, are expected to restrict the hemodialys and peritoneal dialysis market’s improvement somewhat. The Covid pandemic is presently representing various issues to clinical medical care professionals and patients around the world.

The expansion in the quantity of COVID cases, as well as the seriousness rate, is supposed to bring about an expansion in the frequency of renal injury. The worldwide requirement for renal substitution liquids has expanded decisively because of the pestilence. When contrasted with past US populaces, the requirement for RRT among COVID-19 patients has become fivefold.

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The dynamic change toward home hemodialys treatment preceding the pandemic, as well as stresses over the spread of COVID-19 disease, has fundamentally expanded patient interest in HD treatment. During the pandemic, this element is supposed to build the utilization of home hemodialys supplies.

Arising economies including China, India, Brazil, and Mexico are probably going to give significant development possibilities to hemodialys and peritoneal dialysis suppliers. As per the US Renal Data System, Taiwan and Malaysia have the most elevated rate of treated ESRD in the 45-65 and 75 years age bunch.

To capitalise on the considerable growth prospects in emerging regions, firms are increasingly focused on strategic development agreements/partnerships with regional/domestic players, geographical expansions, and acquisitions.

Furthermore, government support for ESRD therapy, the development of home/nocturnal dialysis, and the expanding number of dialysis clinics are fueling the expansion of the hemodialys and peritoneal dialysis market in developing nations.

The leading causes of death among dialysis patients are heart illnesses (arrhythmic mechanisms or sudden cardiac arrest) and vascular access-related issues such as bleeding and infection, low blood pressure, nausea, hernia, hepatitis (B & C), and anaemia.

Peritonitis is a frequent peritoneal dialysis complication caused by contamination of peritoneal dialysate or tubing with pathogenic skin germs or by catheter-related illnesses. Peritonitis kills 16% of Parkinson’s disease patients in North America each year. This restricts the use of dialysis techniques.

The hemodialys and peritoneal dialysis markets are dominated by North America. European is gaining momentum among the region’s enormous dialysis patient group. Factors such as a stronger reimbursement system in comparison to Europe and the Asia Pacific, the availability of professionals (nephrologists), and the presence of well-equipped dialysis clinics for patient treatment are pushing the hemodialys and peritoneal dialysis market.

Factors such as the growing preference for peritoneal dialysis and the rising use of home hemodialys (HHD) are driving the expansion of the hemodialys and peritoneal dialysis market.

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KEY TAKEAWAYS: 

  • In the type sector, Hemodialys from the Hemodialys and peritoneal dialysis market are anticipated to flourish at the quickest CAGR of 5.5% through 2032.
  • With a CAGR of 5.7% through 2032, Hospital Dialysis are predicted to grow significantly in the application sector of the Hemodialys and peritoneal dialysis market.
  • The market size for Hemodialys and peritoneal dialysis market in the United States is expected to reach US$ 49.4 Billion by 2032, growing at a CAGR of 6% during the research period.
  • China is anticipated to reach a market size of US$ 10.2 billion in Hemodialys and peritoneal dialysis by 2032, with a CAGR of 5.5% during the forecast period.
  • By 2032, South Korea is expected to reach a market size of US$ 5.3 Billion in Hemodialys and peritoneal dialysis, with a CAGR of 49% during the forecast period.

COMPETITIVE LANDSCAPE: 

The major players in the global hemodialys and peritoneal dialysis market are Fresenius Medical Care AG & Co. KGaA (Germany), Baxter International, Inc. (US), Nikkiso Co., Ltd. (Japan), B. Braun Melsungen AG (Germany), Asahi Kasei Corporation (Japan), DaVita Inc. (US), Nipro Corporation (Japan), Cantel Medical Corporation (US), Diaver (US).

RECENT DEVELOPMENT: 

  • Mar Cor (Cantel Medical Corporation) announced the release of their unique EON Portable Hemodialys Water System in 2021.
  • Fresenius Medical Care AG & Co. KGaA announced the release of a PVC-free peritoneal dialysis solution bag for home dialysis therapy in 2020.
  • Baxter International Inc. gained FDA clearance for a De Novo application for Theranova dilayzers designed to provide enhanced hemodialys (HDx) treatment in 2020.

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:

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Parking Management Solutions Market Comprehensive Shares, Historical Trends & Forecast 2022-2032

The worldwide parking management solutions market is assessed to gather US$ 768.2 Billion while showing a 5.6% CAGR during the gauge time frame. Fundamentally because of the accessibility of brilliant advances among the majority the worldwide parking management solutions market has developed huge amounts at a time as of late.

Expanding gridlock and vulnerability in the parking accessibility would fuel the development of parking management solutions market.

The development of parking management market is driven by variables, for example, rise of completely mechanized parking frameworks (APS), expansion in gridlock, consistent progressions in machine-to-machine correspondence innovation and expanding interest for shrewd parking sensors for parking management.

With expanding parking booths, the parking management solutions industry is supposed to get US$ 440 Billion out of 2022.

Rising interest for rapid network with great help conveyance this will emphatically affect the general market development.

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Increasing use of cloud based technology such as artificial intelligence and big data and in many applications impelled the growth of the market. The parking venues segment is likely to offer remunerative opportunities for the global parking management solutions market.

Key Takeaways:

  • By technology, parking kiosks segment is expected to record an 6.0% CAGR by 2032
  • By installed location, parking venues segment to expand at a 6.8% growth rate during the forecast period
  • The U.S market to garner US$ 168.2Billion and record a 4.7% CAGR from 2022-2032
  • Market in China to procure US$ 93.5Billion, expanding at a 7.5% growth rate during the assessment period

“Growing number of vehicles across the world, rising demand for an effective traffic management solutions, and rapid development of smart cities are expected to drive the market in the forecast period”.

Competitive Landscape

Key players of the global parking management solutions market include Parking BOXX, IPS Group, Inc., METRIC Group Ltd., Ventek International, CivicSmart, Inc. among others. Market players are leveraging strategic collaborative initiatives to increase their market share and increase their profitability. Recent developments among key players are:

  • In May 2020 – FlashParking formed a national service partnership with Burroughs Inc. The partnership will help Flash parking to provide a unique maintenance service to its users and reduce the risk of hardware downtime
  • In June 2020 – Passport Inc., partnered with Panama City Beach community to equip the city with the technology needed to create a more frictionless parking experience.
  • In March 2020 – Q-Free deployed a comprehensive parking guidance system at the Victorian Square parking garage in Sparks, Nevada. This system will provide real-time information on available spaces, making it easier for drivers to find parking. This contract will help Q-Free to mark its strong presence in the US market. ​

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What is the Contribution of Key Players to the Global Parking Management Solutions Market?

Key players of the global parking management solutions market include Parking BOXX, IPS Group, Inc., METRIC Group Ltd., Ventek International, Civic Smart, Inc. among others. Market players are leveraging strategic collaborative initiatives to increase their market share and increase their profitability.

Recent developments among key players are:

  • In May 2020 – FlashParking formed a national service partnership with Burroughs Inc. The partnership will help Flash parking to provide a unique maintenance service to its users and reduce the risk of hardware downtime
  • In June 2020 – Passport Inc., partnered with Panama City Beach community to equip the city with the technology needed to create a more frictionless parking experience.
  • In March 2020 – Q-Free deployed a comprehensive parking guidance system at the Victorian Square parking garage in Sparks, Nevada. This system will provide real-time information on available spaces, making it easier for drivers to find parking. This contract will help Q-Free to mark its strong presence in the US market. ?

More Valuable Insights

Future Market Insights, in its new offering, presents an unbiased analysis of the global parking management solutions market presenting a historical analysis from 2015 to 2021 and forecast statistics for the period of 2022-2032.

The study reveals essential insights on the basis of technology (parking metre, parking kiosks) and by installation location (street parking and parking venues) across five major regions (North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America).

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Key Segments Covered in the Parking Management Solutions Market Report

By Technology:

  • Parking meters-based Parking Management Solutions
  • Parking Kiosks-based Parking Management Solutions

By Installation Location:

  • Parking Management Solutionss for Street Parking
  • Parking Management Solutionss for Parking Venues

By Region:

  • North America Parking Management Solutions Market
  • Europe Parking Management Solutions Market
  • Asia Pacific Parking Management Solutions Market
  • Middle East & Africa Parking Management Solutions Market
  • Latin America Parking Management Solutions Market

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IoT Connectivity Management Platform Market Outlook, Opportunity & Demand Analysis, Forecast 2022-2032

According to a recent analysis by Future Market Insights (FMI), the adoption of IoT connectivity management platform in the market is estimated to grow at a CAGR of 16.8% from 2022-2032.

The report states that the market is expected to reach the valuation of ~US$ 6.3 Bn by the end of 2022. Organizations  are adopting cloud-based solutions in order to increase the efficiency of their business in long run and provide security, improved collaboration and corporate data mobility.

Increasing adoption of IoT cloud platform due to demand for high-frequency data access and sharing with cost-effective data storage solutions is propelling the deployment of IoT platform in where the deployment of on-site IoT architecture is a very costly. Cloud solutions provide seamless communication between the IoT devices, expanded reach, and reduced latency over direct remote network connection.

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Also, growing integration of IoT powered technologies is enabling organizations to use smart devices and sensors to collect and transform data into business insights more rapidly with high accuracy and lower cost.

Connecting cloud with IoT reduces errors, increases visibility, provides scalability and affordability with faster time to market, thereby driving the growth in the IoT connectivity platforms market.

“Rapid digitalization across emerging economies is fueling the adoption of IoT devices, which is expected to auger well for the market. In addition to this, surging demand for workplace automation across various organizations will boost sales in the market over the forecast period,” says an FMI analyst.

Key Takeaways:

  • By component, the solution segment is anticipated to expand at a CAGR of 7% during the forecast period.
  • Among the enterprise size, SMEs segment is estimated to grow by 2X during the forecast period.
  • Cloud-based IoT CMS segment is expected to create an absolute $ opportunity of US$ 8 Bn during the forecast period.
  • Based on industry, demand in the healthcare segment is anticipated to grow at a CAGR of 1% between 2022 & 2032.
  • The market in U.K. is expected to progress at a CAGR of around 5% during the forecast period.
  • In Japan, the IoT connectivity management platform market is expected to grow by 9x between 2022 & 2032.
  • IoT connectivity management platform market in China is estimated to offer an absolute $ opportunity of US$ 1.3 Bn over the forecast period.

 Competitive Landscape

IoT connectivity management platform players are entering into partnerships with other players for enabling enterprises to track and control the IoT assets with unified and intuitive connectivity management services.  For instance:

  • In Feb 2020, Ericsson collaborated with T-Mobile Austria and Stanley Black & Decker for accelerating the global deployment of Stanley Black and Decker’s connected equipment and services.

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More Valuable Insights on IoT Connectivity Management Platform Market

Future Market Insight’s report on the IoT connectivity management platform industry research is segmented into five major sections – component (solution, services), deployment (cloud-based, on premise), enterprise size (Small and medium-sized enterprises (SMEs), large enterprises),  industry (IT & telecom, consumer electronics, energy & utilities, BFSI, healthcare, retail, manufacturing, government and others), and region (North America, Latin America, Europe, East Asia, South Asia & Pacific, and the Middle East & Africa), to help readers understand and evaluate lucrative opportunities in the IoT connectivity management platform demand outlook.

IoT Connectivity Management Platform Outlook by Category

By Component:

  • IoT Connectivity Management Platform Solution
  • Services

By Deployment:

  • Cloud-based
  • On premise

By Enterprise Size:

  • Large Enterprises
  • Small and Medium-sized Enterprises (SMEs)

By Industry:

  • IT & Telecom
  • Consumer Electronics
  • Energy & Utilities
  • Healthcare
  • Manufacturing
  • Retail
  • BFSI
  • Others

By Region:

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

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.   
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200 Continental Drive, 
Suite 401, Newark, 
Delaware – 19713, USA   
T: +1-845-579-5705
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Oil & Gas Data Management Software Market Analysis, Key Players, Segments & Forecast 2022-2032

As per the study at FMI, the oil and gas data management software market was valued at US$ 16.9 Bn in 2022 and is predicted to reach US$ 70.4 Bn by 2032, growing at a 15.3% CAGR. The deployment of data-gathering equipment, such as sensors at various remote sites and operational fields, has resulted in a tremendous increase in demand for oil and gas data management software.

Furthermore, the sales of oil and gas data management software have grown due to greater digitization, the adoption of workplace mobility solutions, and real-time workforce assistance. As a result, market spending on the efficient server, networking, and the demand for oil and gas data management software is expected to rise in order to expedite business operations and improve overall efficiency.

In today’s economy, digital data is growing at an exponential rate which is propelling the growth of oil and gas data management software market share. The growth of the Internet of Things is generating massive amounts of digital data in the oil and gas industry at an exponential rate which further increases the demand for oil and gas data management software.

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More than 80% to 90% of the digital data on the market today was developed in the last two years. The number of data breaches has increased as the amount of data has grown. Data management software for oil and gas companies is a type of advanced software that helps them manage and preserve their data.

Such organizations’ projects are difficult in terms of operations, resource management, capital management, inventory management, and so on. Furthermore, the sales of oil and gas data management software are growing as it aids businesses in maximizing resources, tracking project progress, and increasing efficiency.

The demand for oil and gas data management software is anticipated to grow as it enables firms to effectively manage and access their data in real-time. Regulatory compliance management tools, data analytics, data warehousing, and other capabilities, such as process design control, are all being integrated into data management software by a number of software development providers and suppliers.

Furthermore, increased use of IoT and AI is expected to boost the sales of oil and gas data management software and large-scale data management software implementation by small and large firms in the oil and gas market.  Data management as a service is gaining pace in the oil and gas market thanks to cloud platform acceptance, next-generation data centre evolution, and cost-effective and adaptable data management solutions.

The oil and gas data management software is expected to be driven by the rising trend of cloud use in the coming years. Data breaches are becoming more common around the world, demanding the modernization of existing organizational infrastructure.

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As a result, global enterprise data management infrastructure modernization is expected to drive the global oil and gas data management software market size during the forecast period. However, the lack of complete data security assurance and abuse of obtained data is stifling the sales of oil and gas data management software in both international and domestic sectors.

KEY TAKEAWAYS: 

  • By component, the solutions segment dominated the oil and gas data management software market with a CAGR of 15.5% through 2032.
  • During the forecast period, the U.S. is anticipated to dominate the oil and gas data management software market with a CAGR of 13.5% through 2032.
  • The region accounted for almost a third of global market revenue and is likely to maintain its dominance during the forecast period. The demand for oil and gas data management software is anticipated to rise as it is being adopted by a huge number of mid-sized and small businesses.
  • During the forecast period, the Middle East and Africa had the second-largest oil and gas data management software market share.
  • In 2017, Asia Pacific had tremendous growth, owing to a rising rate of digitization in data management over time. However, it is encountering roadblocks in the oil and gas data management software market’s expansion. Different regulatory compliances and the scarcity of effective infrastructure are cited as major explanations for the possible risk.

COMPETITIVE LANDSCAPE 

Oil and gas data management market players are focusing on providing customised solutions that are in sync with the procedures of various oil and gas organisations. These solutions contribute to the market’s increased growth rate for oil and gas data management software.

Some of the oil and gas data management software market players profiled in the FMI’s study are Newgen Software, IBM Corporation, Cisco Systems, SAP SE, Tata Consultancy Services Ltd

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Recent Developments 

  • In 2018, Sourcewater, Inc. purchased Genscape, Inc.’s Digital H2O Water asset intelligence service with the goal of launching an advanced IoT integrated oilfield water and disposal intelligence platform that would provide sophisticated water data science to the upstream energy industry.
  • Emerson Electric Co. acquired General Electric’s AI Intelligent Platform in 2018, with the goal of strengthening the worldwide exploration and production software market. Emerson Electric Co. would be able to increase its capabilities in machine control and discrete applications, as well as integrate with oil and gas power plants, as a result of this acquisition.

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
For Sales Enquiries: sales@futuremarketinsights.com
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Browse latest Market Reports: https://www.futuremarketinsights.com/reports
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Electric Facial Cleansing Brush Market is expected to expand its roots at a moderate CAGR of 5.2% in 2032

The electric facial cleansing brushes is expected to expand its roots at a moderate CAGR of 5.2% during the forecast period. As a result, the global market holds an estimated revenue of US$ 8.48 Bn in 2022 and is likely to cross US$ 13.38 Bn by the end of 2032.

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

Demand for electric facial cleansing brushes increases with women using these products to clean facial dirt, grim, and excess oil. The urge to become more beautiful and enhance your features is increasing with the rising e-commerce industry. As pollution increases, skincare becomes an important part of healthcare. This pushes the sales of electric facial cleansing brushes.

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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)

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.

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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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Electric Face Cleansers Market is Rising Due to Outdoor Air Pollution has Increased and Rapid Innovations

The global Electric Face Cleanser demand is projected to be valued at US$ 1.68 Billion in 2022, forecast to grow at a CAGR of 9.3% to be valued at US$ 4.1 Billion from 2022 to 2032.

Growth is attributed to development in residential and commercial construction as well as the rising demand for renovation projects.

The market for electric face cleansers is dominated by North America, thanks to the presence of notable players and rising consumer awareness of beauty products. Due to prolonged exposure to the sun and UV radiations, the population has also seen an increase in cases of skin allergies.

This will likely encourage the growth of the skincare market over the coming years, which will increase demand for electric face cleansers in nations like the United States and Canada.

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Which are Some Prominent Drivers Spearheading Electric Face Cleansers Market Growth?

Owing to increasing levels of pollution in several countries and its detrimental effects on human skin, consumers are opting for various skincare products, such as electric face cleansers, to protect against pro-oxidative chemicals and air pollutants.

Rapid innovations in the cosmetic industry and growing consumer demand for portable devices with high battery backup are some important factors that will boost the demand for Electric Face Cleansers during the forecast period

What are the Challenges Faced by the Electric Face Cleansers Industry?

The availability of alternatives to electric face cleansers in the market and the high price of electric face cleansers compared to conventional products are important factors that will impede the growth of the market. It is also difficult to clean brushes and filters of electric face cleansers.

That apart, limited government regulations in developing countries that cover electronic personal care devices lead to an increase in the trade of false/imitation products in the market, which may also hamper the growth of the electric face cleansers market during the forecast period.

Why is Asia-Pacific Emerging as an Opportunistic Electric Face Cleansers Market?

The Asia Pacific is the fastest-growing region in the cosmetics market. Over the last five years, outdoor air pollution has increased by 8% worldwide. Various cities in the Asia-Pacific and the Middle East regions are dealing with the menace of air pollution and consumers are becoming more aware of the detrimental effects of air pollution. This is the primary factor that will accelerate the growth of the electric face cleansers market during the forecast period.

Additionally, an upsurge in disposable income owing to rapid urbanization, key players penetrating the market, and growth of the electric appliances market are likely to rev up the sales of electric face cleansers in the region. Countries like China and India are the major consumers of cosmetic products all over the world. This is estimated to strengthen the demand for electric cleansers throughout the forecast period.

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How is Europe Contributing to the Growth of the Electric Face Cleansers Market?

The Europe electric face cleansers market is projected to grow ascetically in the foreseeable future. Increasing spending rate on cosmetic products by individuals is assessed to propel electric face cleanser market growth in Europe. Besides, the launch of new cosmetic products by renowned players in the province is likely to back Europe’s market growth.

Why does North America Hold a Significant Share in the Electric Face Cleansers Market?

North America dominates the electric face cleansers market, backed by the presence of prominent players as well as soaring awareness about beauty devices among people. Additionally, there has been an upsurge in skin allergy occurrences among the population owing to longstanding exposure to sun and UV radiations. This, in turn, is likely to encourage the skincare market growth in the next few years, thus, which will boost the demand for electric face cleansers in the countries like U.S & Canada.

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

Contact Us:                    

Future Market Insights,
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Jumeirah Bay 2
Plot No: JLT-PH2-X2A
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United Arab Emirates
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