Automotive SoC Market 2022 Size, Growth, Share, Future Trends, Price, Top Key Players Review, Business Opportunities, Demand and Global Analysis by Forecast 2028

As per a detailed analysis by FMI, the global automotive System-On-Chip (SoC) market is estimated to top US$ 17.06 Bn in 2022. Increasing adoption of advanced features such as infotainment systems in modern cars is fueling the demand in the market.

 2022 Market Value US$ 17,066.7 Mn
 2028 Market Value US$ 26,800.5 Mn
 CAGR% (2022-2028) 7.8%
 Share of Top 5 Market Players 30%

Automotive SoC’s are extensively being used to enhance automated structures for providing a state-of-the-art experience to the driver. With growing penetration of autonomous driving, automakers are increasingly integrating technologies such as SoC to improve the security posture of fleets. On account of this, the market is projected to total US$ 26.8 Bn by 2028.

Also, government of several countries is implementing stringent regulations to mandate the incorporation of certain security features in autonomous vehicles such as advanced driver assistance systems (ADAS) to enhance the safety of pedestrians and drivers.

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Hence, increasing the sale of autonomous vehicles is estimated to propel the demand at robust CAGR of 7.8% over the forecast period 2022-2028.

Further, surging demand for automotive vehicles with advanced features such as speech recognition, GPS and radar capabilities, audio/video sensing, and image compatibilities are augmenting the sales of automotive SoC.

Driven by this, the automotive SoC market is poised to account for around 20% of the overall share of the SoC market in 2022.

In terms of application, the infotainment system segment is projected to dominate the market over the assessment period. Increasing incorporation of infotainment systems by automakers to provide features such as voice commands, calling, and touch screen displays in their vehicles are favoring the growth in the segment.

“Growing demand for advanced connected cars and favorable government initiatives to promote electric & hybrid vehicles to curb the carbon emission across the U.S., China, and India is expected to accelerate the growth in the market,” says a FMI analyst.

Key Takeaways from Automotive SoC Market Study

  • The U.S. is forecast to emerge as the most remunerative market in North America, creating an incremental opportunity of US$ 1.85 Bn through 2028.
  • China is estimated to account for a significant share in Asia Pacific market, expanding at 8.6% CAGR during the forecast period.
  • Germany is projected to register rapid growth in Europe automotive SoC market, surpassing US$ 522.1 Mn between 2022 and 2028.
  • India is expected to exhibit steady growth in the automotive SoC market, owing to growing demand for advanced passenger cars in the country.
  • Based on vehicle type, the passenger car segment is anticipated to account for the maximum shares, growing at 8% CAGR over the assessment period.

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Key Drivers

  • Increasing use of automotive SoC for integrating innovative systems such as telematics, internet-of-things, and ADAS in vehicles is propelling the demand in the market.
  • Growing demand for advanced commercial vehicles for the application across construction, mining, and transport sectors is facilitating the growth in commercial vehicle segment.

Key Restraints

  • High cost of incorporation and maintenance of automotive SoC is hindering the sales in the market.
  • Need to replace the complete car dashboard in case of any transistor or system damage is a primary factor hampering the growth in the market.

Competitive Landscape

Leading automotive SoC manufacturers are intensively investing in research and development (R&D) activities to diversify their product portfolios by launching innovative technology. Besides this, some of the player are aiming at strategic partnership acquisitions, mergers, and collaborations with automotive companies to expand their market share.

For instance,

  • In January 2018, ON Semiconductor, an American semiconductor supplier company, announced entering into a strategic partnership with a German automotive manufacturer, Audi AG. As per the partnership, ON Semiconductor will foster innovations and make latest technologies available for the automaker. The will assist the company to strengthen its position in the market.
  • In February 2018, Renesas, Japanese semiconductor manufacturer, announced launching its new R-Car V3H system-on-chip (SoC), which delivers artificial intelligence processing and high computer vision performance to automotive from cameras in Level 3 and Level 4 automotive cars.

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Some of the key players operating in the market profiled by FMI are:

  • Texas Instruments Incorporated
  • Infineon Technologies AG
  • Intel Corporation
  • NVIDIA Corporation
  • Qualcomm Technologies, Inc.
  • STMicroelectronics
  • NEC Corporation
  • NXP Semiconductors
  • ON Semiconductor Corporation
  • Renesas Electronics Corporation

 By Application

  • Infotainment Systems SOCs
  • ADAS SOCs
  • Others

By Vehicle Type

  • Passenger Cars
  • Commercial Vehicles

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • China
  • Japan
  • SEA and other of APAC
  • Middle East & Africa

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More Valuable Insights on Automotive SoC Market

The latest report by FMI provides a detailed analysis of the global automotive SoC market, providing exclusive insights into key factor driving the market between 2022 and 2028. The study also discloses sales projections on in automotive SoC market with detailed segmentation:

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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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Drag Reducing Agent Market Potential Growth, Size, Share, Demand and Analysis of Key Players – Research Forecasts To 2028

The global drag reducing agent market is estimated to total US$ 3.74 Bn by 2029, in comparison to the US$ 2.38 Bn registered in 2021. Increasing demand for flow improving products such as drag reducing agents for expanding the flow capacity and enhancing the efficiency of pipelines is favoring the growth in the market.

Attribute Details
Drag Reducing Agent Market Estimated Size in 2022 US$ 2.53 Bn
Drag Reducing Agent Market Projected Size in 2029 US$ 3.74 Bn
Drag Reducing Agent Market Historical CAGR (2014-2021) 5.0%
Drag Reducing Agent Market Value-based CAGR (2022-2029) 5.8%

Apart from the increasing oil & gas production activities across geographies, the growth is majorly driven by the increasing consumption of drag reducing agent for transportation and logistical applications in pipeline for crude oil, refined products, heavy, asphaltic crude and water transportation purposes in oil & gas, chemicals & petrochemicals, power & energy, agriculture among other industries. FMI expects a promising growth outlook for the market over the course of upcoming decade.

North America’s Market Attractiveness Rising

Regions such as North America and Europe are expected to hold prominent market shares in terms of value. However, the North America market is expected to project lucrative growth in the global drag reducing agent market over the forecast period of 2022-2029.

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Furthermore, the effects of macroeconomic factors such as growth in the GDP, growing chemical industry, world oil & gas consumption, crude oil & natural gas production, and rapid industrialization, the confidence of investors and investments in oil & gas projects have increased significantly in North America and other regions as well. As a consequence, the oil field industry of North America, Europe and China has gained a significantly positive momentum over the past years, which has resulted in the growth of pipeline industry as there is a need for increasing distribution network for transportation and exploration of oil products.

Oil & Gas Industry to Remain as Key Consumer of Drag Reducing Agents

The global market of drag reducing agent has been segmented on the basis of different product types of drag reducing agent, their multiple applications, their end users and regions such as North America, Latin America, Europe, South Asia, East Asia, Oceania and Middle East and Africa.

By Product type, the polymer type of drag reducing agent segment is expected to hold prominent value shares of the global drag reducing agent market. Polymer drag reducing agents are easily available and compatible with a lot of pipeline exploration machineries, it also falls under bio degradable agents and is also cost effective. On the basis of application, the crude oil and refined products segment are expected to consume majority share of the global drag reducing agent market value.

Drag Reducing Agent Market: Vendor Insights

The report highlights some of the prominent market players, who have established themselves as leaders in the global drag reducing agent market. Some of the examples of key players in the global drag reducing agent market are Baker Hughes, Liquid Power Specialty Products Inc. (Berkshire Hathaway), The China National Petroleum Corporation, Innospec Incorporated, KMG Chemicals Inc. and Zoranoc Oilfield Chemical Co., Ltd among others.

The global drag reducing agent market is significantly consolidated with some players holding prominent shares of the market. These players are offering drag reducing agent under their popular brands such as LiquidPower®, ExtremePower®, and FLO®, among others.

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Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Analysis and Recommendations

2. Market Overview

2.1. Market Taxonomy

2.2. Market Definition

3. Key Market Trends

4. Key Success Factors

5. Global Drag Reducing Agents Market Demand Analysis 2014-2021 and Forecast, 2022-2029

5.1. Historical Market Volume (Tons) Analysis, 2014-2021

5.2. Current and Future Market Volume (Tons) Projections, 2022-2029

5.3. Y-o-Y Growth Trend Analysis

6. Global Drag Reducing Agents Market – Pricing Analysis

continued…!

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

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Two-Wheeler Lubricants Market Outlook 2022 Pricing Strategy, Industry Latest News, Top Company Analysis, Research Report Analysis and Share by Forecast 2028

Future Market Insights (FMI), in its new publication, offers actionable insights on future prospects of the ‘Two-Wheeler Lubricants Market’ for the period between 2022 and 2028. As per the study, the global sales of two-wheeler lubricants reached ~2,300 KT, equaling revenues worth US$ 16.94 Bn in 2022.

Attribute Details
Two-wheeler lubricants Market Size Value in 2013 US$ 11.92 Bn
Two-wheeler lubricants Market Size Value in 2022 US$ 16.94 Bn
Two-wheeler lubricants Market Size Value in 2028 US$ 21.84 Bn
Two-wheeler lubricants Market Historical CAGR (2013-2021) 3.9%
Two-wheeler lubricants Market CAGR (2022-2028) 4.3%

The emergence of two-wheelers as a primary mode of transportation in developing countries has been weighing on the same scale as the rapid adoption of two-wheeler lubricants. However, growing prominence of electric vehicles, in the view of increasing consumer interest towards a carbon-free future via zero-emission transport, may pose as a potential threat to the market growth.

Meeting ever-tightening VOC emission limits while maintaining the durability of the vehicle component has been a hard balance to strike for the two-wheeler lubricants market players. FMI study finds that manufacturers are heavily investing in the development of additive technology that not only ensures the delivery of required fuel economy but also maintains high friction, hardware protection, and durability.

Synthetic Oil to Emerge as the Preferred Option

The study opines that two-wheeler lubricants market is likely to record a volume CAGR of 4.3% during the forecast period. While mineral oils continue to account for relatively high sales, manufacturers are focusing on increasing the production of synthetic and semi-synthetic oils to capitalize on growing demand for premium synthetic two-wheeler lubricants. Considering the incorporation of advanced engine technologies in modern vehicles along with greater consumer awareness regarding the performance advantages of synthetic lubricants, manufacturers are specifically focused on non-mineral oils.

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Moreover, a shift towards premiumization of products for increased warranty and extended oil drain interval is likely to necessitate the increased adoption of synthetic content in two-wheeler lubricants. Further, to address growing greener fuels and sustainable requirements, a number of market players are targeted towards the development of effective bio-based lubricants.

According to the study, the use of two-wheeler lubricants in motorcycles, especially mopeds and standard varieties, has been on a higher side as compared to scooters. With the emergence of next-gen motorcycles that facilitate efficient clutch operation and require multi-functional lubricants, manufactures are focusing on product innovations and new developments to deliver optimal ride experience.

The study finds that aftermarket sales of two-wheeler lubricants account for relatively high share than OEM sales, and are expected to record a volume Y-o-Y growth of 4.3% in 2022 over 2021. The need for regular and periodic servicing for two-wheelers for their smooth functioning and durability, even in poor road infrastructure, will continue to drive the aftermarket sales of two-wheeler lubricants.

As per the study, developing countries in Asia Pacific, Latin America, and Africa continue to offer greater opportunities due to increased mobility and rising disposable income in these regions, which are directly correlated to the successful penetration of two-wheelers. Although North America and Europe two-wheeler lubricants markets are not likely to show dramatic growth in terms of volume, FMI study finds that penetration of synthetic or premium lubricants in these regions will be high in the future.

According to the study, one of the key growth drivers of the two-wheeler lubricants market is lack of public transportation in rural areas which has led to a surge in the adoption of two-wheelers. Although motorcycle sales have shown a sharp decline in developed nations over the years, rising interest in motorcycle riding for recreational purposes have contributed to the soaring need for two-wheeler lubricants in these nations.

The business asset highlights the competitive landscape in two-wheelers lubricants market by assessing business development strategies of key players. The market shows a fair level of consolidation, with leading stakeholders placing their strategic focus on product innovations and firmer geographical footprint.

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Two-Wheeler Lubricants Market by Category

By Product:

  • Synthetic Oils
  • Semi-Synthetic Oils
  • Mineral Oils
  • Bio-Based Lubricants
  • Greases

By Application:

  • Engine Oil
  • Suspension Oil
  • Break Oil
  • Chain Oil

By Two-Wheeler Type:

  • Motorcycle
    • Standard
    • Cruiser
    • Sports
    • Mopeds
  • Scooter
    • Standard
    • Maxi
    • Enclosed
    • Three-Wheeled

By Sales Channel:

  • OEM
  • Aftermarket

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • MEA

Table Of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Analysis and Recommendations

2. Market Overview

2.1. Taxonomy

2.2. Market Definition

3. Global Two Wheeler Lubricants Market Demand Analysis 2014–2021 and Forecast, 2022–2029

3.1. Historical Market Volume and Value Analysis, 2014–2021

3.2. Current and Future Market Volume and Value Projections, 2022–2029

3.3. Y-o-Y Growth Trend Analysis

4. Global Two Wheeler Lubricants Market – Pricing Analysis

4.1. Global Average Pricing Analysis Benchmark

5. Market Background

continued…!

About FMI

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

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Potassium Formate Market 2022 Outlook, Current and Future Industry Landscape Analysis 2029

Future Market Insights’ new market research report opines that global potassium formate market is likely to witness significant growth during 2019 to 2029 on back of growing applications in drilling fluids, de-icing, and heating fluids. Valued at nearly US$ 513 Mn in 2018, global revenues are likely to grow at a CAGR of 4.1%, during the forecast period 2019 to 2029.

Demand has also been positively influenced by growing preference for environmentally-sustainable products, especially in drilling fluids, de-icing, and heating fluids. The report opines that a combination of macroeconomic and industry-specific factors will drive potassium format demand during the course of the forecast period.

Attribute Details
Potassium Formate Market Size 2022 US$ 716.4 Mn
Potassium Formate Market Value-based CAGR (2022-2029) ~4.2%
Potassium Formate Market Projected Size in 2029 US$ 952.3 Mn

South Asia and East Asia Continue to be Lucrative

According to the study, new oil and gas drilling projects in Asia are fuelling demand for drilling fluids, which in turn, is creating sustained opportunities for stakeholders across the potassium formate value chain. Potassium formate is gaining traction in oil & gas sector, owing to its favorable properties and environmental feasibility. South Asia and East Asia collectively accounted for over 26% of the global potassium formate market current, and the authors of the report do not see the status quo changing anytime soon. The broader push by governments in the region, and over-reliance on oil economy is likely to create sustained opportunities for potassium formate market players throughout the forecast period.

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Drilling Fluid Likely to Remain a Key Application

The potassium formate market has been segmented on the basis of form, application, and region.

  • Brine (liquid) form of potassium formate accounted for major share of overall potassium formate demand, in 2018. Easy handling and storage of brines and its ease of use due to its liquid form, can be attributed to its large share in the overall potassium formate market
  • Drilling fluid application is projected to lead the application segment of the potassium formate market. Potassium formate is used in drilling fluids and is being more popular due to its compatibility and favorable properties. Traditional salts are being replaced by potassium formate in various applications including drilling fluid application.
  • North America and Europe led the demand for potassium formate market in 2018. Presence of large oil & gas industry and also more snow falling countries in these regions, is attributed for its larger share. However, the growth is expected from Asian countries during the forecast period.

Potassium Formate Market: Vendor Insights

The report highlights the key market players that are prominent and have established their position in the global potassium formate market. The examples of the key players in this value chain of potassium formate are BASF, ADDCON, Perstorp, Cabot, Evonik, Honeywell and ICL among others. The market players are providing premium customer services, technical support and an extensive range of potassium formate products in order to serve small to large customers across different industries and further expand their market presence by adapting new strategies including new product development and joint venture. The players are strategically focusing on building new partnerships and a strong client base. Some of the leading players are pushing the potassium formate sale in de-icing application due to its environmental feasibility and favorable properties.

Potassium Formate Market By Category

Form:

  • Brine (Liquid)
  • Powder (Solid)

Application:

  • Drilling Fluid
  • De-icing
  • Heat Transfer Fluid
  • Others (fertilizer, feed)

Region:

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

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Table Of Content

    1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Analysis and Recommendations

    2. Market Overview

2.1. Market Taxonomy

2.2. Market Definition

    3. Market Background

    4. Value Chain Analysis

    5. Forecast Factors – Relevance & Impact Analysis  

    6. Market Dynamics

continued…!

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 Us:

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Report: https://www.futuremarketinsights.com/reports/potassium-formate-market
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Radio Frequency Integrated Circuit (RFIC) Market 2022 Growth Opportunities, Top Players, Regions, Application, and Forecast to 2031

The global radio frequency integrated circuits (RFIC) market is anticipated to grow at around 8% CAGR through the period of 2021 to 2031, and reach a valuation of US$ 45 Bn by 2031-end.

In the past decade requirement for the RFIC products increased with the growing demand for optical, wireless, and other high frequency consumer electronic products.Radio frequency integrated circuits are made available in the frequency range of 900 MHz to 2.4 GHz. The RFICs are gaining the rapid popularity in the technological deployment because of the ability to work as application specific ICs (ASICs) and configurable with several applications similar as application specific integrated circuits (ASICs).

Infrastructure development registered in the telecommunication industry of emerging and developed economies alike is attracting several semiconductor manufacturers. The deployment of next-generation LTE networks and 5G is a current technological trend in the telecom industry.Telecom operators were expected to launch 5G networks in 2018. It has been observed that semiconductor manufacturers have started upgrading their product offerings for 5G-capable infrastructure.

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Key Takeaways: Radio Frequency Integrated Circuit Market

  • Demand for RF amplifiers IC is estimated to surge. However, the RF switch IC segment is estimated to continue to hold a significant market share through 2031.
  • The market for consumer electronics segment is expected to account for dominant share of 29% by 2031. Rising demand for consumer electronic products and the emergence of next-generation wireless devices are among major factors driving growth in the segment.
  • While China is expected to remain dominant in East Asia, the demand in South Korea and Japan will rise at a higher pace.
  • The market for radio frequency integrated circuit in GCC countries and the U.K. is expected to surge remarkably, exhibiting growth at around 13% and 8% CAGR, respectively.
  • Radio frequency integrated circuit demand in Canada is anticipated to witness strong growth at over 7% CAGR between 2021 and 2031.
  • The Mexico market for radio frequency integrated circuit is projected to grow at a remarkable CAGR of over 9% through 2031.

COVID-19 Impact Analysis on Radio Frequency Integrated Circuit Market  

While ensuring employee safety and business continuity remained paramount, public companies were simultaneously challenged by a sudden decline in consumer demand, a continuing halt or reduction in onsite activities, and global supply chain issues.

Disturbances experienced by the supply chain around the world compelled manufacturers to adopt technologies which will allow remote manufacturing capabilities without the need for investment in large areas. Thus, the market experienced a drop in growth in 2020, however it is anticipated to regain momentum by second half of 2021.

Hence, the radio frequency integrated circuit market is estimated to grow around 4% to 5% Y-o-Y from 2019 to 2021.

Advanced Packaging Technologies for RFIC

In the current wireless market, competitive pressures are driving the electrical performance of RF integrated circuit devices to new levels. At the same time, requirements for packaging of these RFICs have caused more resources to be focused on solutions.

The result has been that high frequency packaging is called upon to provide low cost, thermally efficient, miniaturized products for a wide range of wireless telecommunications applications.

The packaging of RFICs covers a wide range of technologies, with a number showing promise for future developments. Advanced package technologies include many forms of multiple chip modules (MCM), leadless array packaging as well as thermally enhanced packaging in ceramic and laminate substrate materials. These packaging tools have been creating lucrative growth avenues for the global RFIC market.

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Who is Winning?

Some of the leading companies operating in the market are Infineon Technologies AG, Analog Devices, Inc., Texas Instruments, NXP Semiconductors, STMicroelectronics, Microchip Technology Inc., among others. In order to gain competitive advantage, some of the leading market players are focusing on business expansion to maintain their global presence.

  • For instance, in May 2020, Murata started Kanazawa Murata Manufacturing Sendai Plant and established a new group company with the name of Sendai Murata Manufacturing Co., Ltd.  The company aims to enhance the high-frequency electronic component business and ties to the local community as a production subsidiary of the Murata Manufacturing Group.

Radio Frequency Integrated Circuit Market by Category

By Product

  • RF Transceivers IC
  • RF Amplifiers IC
  • RF Modulators/Demodulators IC
  • RF Mixers/Multipliers IC
  • RF Switch IC
  • Others

By Application

  • Consumer Electronics
  • Telecommunication
  • Automotive
  • Media & Broadcasting
  • Medical Devices
  • Industrial Electronics
  • Others

By Region

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

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More Valuable Insights on Radio Frequency Integrated Circuit Market

FMI’s report on the radio frequency integrated circuit market is segmented into five major sections – product (RF transceivers IC, RF amplifiers IC, RF modulators/demodulators IC, RF mixers/multipliers IC, RF switch IC, and others), application (consumer electronics, telecommunication, automotive, media & broadcasting, medical devices, industrial electronics, 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 radio frequency integrated circuit market.

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About FMI             

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

Contact:                        

Future Market Insights Inc.
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Report: https://www.futuremarketinsights.com/reports/radio-frequency-integrated-circuit-market
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Low dosage Hydrate Inhibitors Market 2022 | Current and Future Demand Analysis, Growth and Forecast by 2029, FMI

Future Market Insights (FMI) recently published a new research study titled – ‘Low Dosage Hydrate Inhibitors Market: Global Industry Analysis 2013–2021 and Opportunity Assessment 2022–2029′. The report has projected the global low dosage hydrate inhibitors market for an impressive 8.1% CAGR between 2022 and 2029. Global consumption of low dosage inhibitors is likely to increase at a robust pace over the course of forthcoming years.

Attribute Details
Low Dosage Hydrate Inhibitors Market Estimated Size in 2022 US$ 75.3 Mn
Low Dosage Hydrate Inhibitors Market Value-based CAGR (2022-2029) ~8.1%
Low Dosage Hydrate Inhibitors Market Projected Size in 2029 US$ 120.3 Mn

Application of low dosage inhibitors will be particularly high in the offshore terrain segment, according to FMI’s analysis. Estimated to achieve a massive incremental opportunity through 2028, more than 90% of overall consumption of low dosage hydrate inhibitors is expected to be registered by offshore terrain.

Anti-agglomerate Inhibitors Hold Potential to Rise above Kinetic Hydrate Inhibitors

A majority of leading manufacturers have been accelerating the shift from the conventional thermodynamic inhibitors to low dosage hydrate inhibitors in an effort to achieve significant savings in terms of maintenance costs. Increasing acceptance of low dosage hydrate inhibitors will be further strengthened by cost benefit related to flow assurance and flow maintenance, storage, logistics, and pumping among others.

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In addition, the BOD (biological oxygen demand) and COD (chemical oxygen demand) associated with low dosage hydrate inhibitors is significantly lesser than that with thermodynamic inhibitors. According to FMI’s study, superior sustainability quotient will continue to place low dosage hydrate inhibitors superior to thermodynamic inhibitors. In line with the increasing quest of sustainability, anti-agglomerate type of low dosage hydrate inhibitors, which are more degradable than kinetic hydrate inhibitors, will remain the most preferred compound in the global low dosage hydrate inhibitors market.

China to Remain Dominant Producer & Consumer of Low Dosage Hydrate Inhibitors

China is expected to lead the overall low dosage hydrate inhibitors’ consumption, retaining the title of the largest producer and consumer of low dosage hydrate inhibitors, globally. North America accounted for more than 16% of the total revenues attained by global low dosage hydrate inhibitors in 2018. The report envisages that North America will remain among the most important markets for low dosage hydrate inhibitors throughout the period of study. Furthermore, this growth is primarily attributed to the region’s primacy in offshore gas production activities.

Although the report reaffirms supremacy of China and North America in the low dosage hydrate inhibitors landscape, the flourishing manufacturing scene in fast-developing regional pockets such as East Asia, MEA, and Latin America prompt at the speeding revenue growth of low dosage hydrate inhibitors.

Consistently growing demand for low dosage hydrate inhibitors from emerging markets such as India and ASEAN countries is expected to create ample opportunities for the manufacturers of low dosage hydrate inhibitors in coming years. New offshore natural gas exploration projects are further expected to boost the consumption levels of low dosage hydrate inhibitors in MEA, through 2028.

Vendor Insights: Global Low Dosage Hydrate Inhibitors Market

The report has covered detailed strategic profiles of some of the top companies operating in the global low dosage hydrate inhibitors market, such as BASF SE, Schlumberger Limited, Arkema Group, Baker Hughes Incorporated (BGHE), Clariant AG, Ecolab Inc., Evonik Industries AG, Force Chem Technologies LLC, Halliburton Co., and Gas Hydrate LLC, among others.

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Low Dosage Hydrate Inhibitors Market by Category

Product Type:

  • Anti-agglomerate (AA) Inhibitors
  • Kinetic Hydrate Inhibitors (KHIs)

Terrain Type:

  • Onshore
  • Offshore

Region:

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

Table Of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Technology Roadmap

1.5. 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. Development Trends

3.3. Porter’s Analysis

4. Key Success Factors

4.1. Product Adoption Rate

4.2. Technology Adoption Rate

4.3. Strategic Promotional Strategies

5. Market Background

continued…!

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Digital Out-of-Home Market Upcoming Trends and Transformation, Growth Outlook 2022-2028

The global digital-out-of-home market is expected to register a CAGR of 11.0% during 2018 – 2028 with SEA and Others of APAC, Western Europe and North America accounting for significant market value shares by the end of the forecast period.

FMI delivers key insights on the global digital-out-of-home market in its report entitled ‘Digital-Out-of-Home market: Global Industry Analysis 2013 – 2017 and Opportunity Assessment 2018 – 2028’ The market value growth of the global digital-out-of-home market will remain attractive as the market is expected to grow continuously at a CAGR of 11.0% in terms of value during the forecast period 2018–2028. On the basis of the platform, the Digital Billboards & Signages (DBB) segment is expected to register attractive growth over the forecast period. Based on industry, the retail segment in the global digital-out-of-home market is expected to gain market share penetration during the forecast period.

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The global annual revenue from the digital-out-of-home market has been valued at US$ 3,905.3 Mn by the end of 2017, and it is expected to grow at a steady pace over the forecast period. The dominating regions, i.e., North America, SEA & Others of APAC and Western Europe are expected to collectively account for a majority share in the global digital-out-of-home market. These regions are likely to dominate the global digital-out-of-home market over the forecast period.

The digital media landscape is undergoing drastic changes due to the introduction of advanced digital technologies. Over the past few years, various media owners have entered the digital-out-of-home market with an objective to offer cross-network advertisement delivery reports in centralized online dashboards similar to the capabilities of ad servers in the online space. The measurement of digital-out-of-home media is improving due to the adoption of interactive technologies that enable advertisers to gain customer insights using mobile device location data. Mobile location data is utilised to validate the location of a device and brand exposure by analysing whether the consumer was standing closer to the digital screen when the advertisement was displayed. As the digital industry continues to evolve, there has been a rise in the adoption of digital-out-of-home screens across various verticals. Moreover, the emergence of cloud-based digital platforms and the introduction of programmatic digital-out-of-home advertising are among factors expected to contribute to the growth of the digital-out-of-home market.

Digital Out-of-Home-Market

On the basis of FMI analysis, the Digital Place-Based Networks (DPN) in the platform segment will dominate the digital-out-of-home market due to the introduction of location-based advertising at various venues and increase in smartphone penetration. On the basis of industry, the retail segment will be a dominating segment due to the widespread adoption of digital billboards & digital place-based networks by brand marketers at malls, roadsides, bus shelters, airports and other high dwell-time venues to generate huge customer traffic.

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Key Segments Covered in Digital-Out-of-Home Market

Platform

  • Digital Billboard & Signage (DBB)
  • Digital Place-based Networks (DPN)

Industry

  • Retail
  • Corporate & Government
  • Healthcare
  • Hospitality
  • Transportation
  • Entertainment
  • BFSI
  • Education
  • Others

The North America digital-out-of-home market is expected to dominate the global digital-out-of-home market due to the large presence of media owners in the U.S. The digital-out-of-home market has huge potential in China owing to major technological advancements in the retail and entertainment market. The SEA and Others of APAC digital-out-of-home market will be a target market for market participants looking to penetrate the BFSI and corporate & government segment. Latin America is estimated to grow at a moderate CAGR over the forecast period. Brazil is expected to hold a major revenue share in the Latin America digital-out-of-home market over the forecast period.

According to FMI analysis, long-term contracts with business partners help increase revenue and new innovation strategies enable digital-out-of-home vendors and media owners to reach new growth markets. Some of the market participants in the global digital-out-of-home market report include JCDecaux, Lamar Advertising Company, Clear Channel Outdoor, oOh!Media Ltd., Ströer SE & Co. KGaA, Outfront Media, Inc., APN Outdoor Group Ltd., Focus Media Co. Ltd., Exterion Media Group, BroadSign International LLC and Asiaray Media Group Ltd.

Significant Contributions of the Report

  • Key Trends and Challenges: Detailed analysis on the ‘ins and outs’ of the market with qualitative research and quantitative insights
  • Recent Drivers and Opportunities: Detailed assessment on the key growth drivers, technological developments, and factors affecting the market over the forecast period.
  • Segmental Analysis: Extensive research on each segment and sub-segment, compiled by expert research analysts of FMI
  • Regional Market Forecast: Thorough analysis of each regional market to provide market players with real-time data and reliable statistic to gain a competitive edge in the industry
  • Competitive Landscape: Comprehensive analysis on prominent players and new entrants eyeing to improve their revenue prospects in the industry

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About FMI             

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

Contact:                        

Future Market Insights Inc.
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Report: https://www.futuremarketinsights.com/reports/digital-out-of-home-market
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Audio Communication Monitoring Market Expecting Massive Growth During 2022-2028

The market for audio communication monitoring is predicted to reach a size of US$ 4.5 billion by 2028, from an estimated US$ 1.8 billion in 2022, growing at a CAGR of 16.2%.

Audio Communication Monitoring Market Size (2022) US$ 1.8 Bn
Sales Forecast for Audio Communication Monitoring Devices (2028) US$ 4.5 Bn
Global Market Growth Rate (2022 to 2028) 16.2% CAGR
Share of Top 5 Audio Communication Monitoring System Providers 55%

Audio communication monitoring analyzes audio conversations and finds structures in interactions and reveals insights provided by employees to clients and customers. This technology is used to extract important business intelligence data to relate it to the strategy for making strategic decisions for the company. Audio communication monitoring solutions generally revolve around the call recording feature. The recording, processing and then analyzing are the parts of the audio communication monitoring market.

Audio Communication Monitoring Market: Segmental Insights

To understand and assess the demand and opportunities in this market, the report is categorically split into five major sections, namely, market analysis – by component, by industry, by enterprise type, by application and by region.

On the basis of component, the market is segmented into solutions and services. The solutions segment is further divided into quality analysis, audio loudness, metering and monitoring call recording, and others. Services segment is further segmented into maintenance and support services, and professional services. The call recording solution segment is expected to dominate the market throughout the forecast period, and is expected to have a market share of 62.0% and 63.2% in 2022 and 2028, respectively.

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On the basis of industry, the market is segmented into banking, financial services, and insurance; government; telecommunication & IT; media & entertainment; healthcare, and others.

The telecommunication & IT segment is expected to dominate the market in the majority duration of the forecast period. The government segment is expected to come close to the telecommunication & IT segment in the latter half of the forecast period in terms of market share, owing to the high CAGR associated with it. The government segment is expected to grow from US$ 352.4 Mn in 2022 to US$ 1,577.4 in 2028.

On the basis of enterprise type, the market is segmented into small & medium enterprises, and large enterprises. The small and medium enterprises segment is expected to dominate the market in the major part of the forecast period, and enjoy a market share of 50.4% and 51.2% in 2022 and 2028, respectively.

On the basis of application, the market is segmented into law enforcement agencies, enterprise employee monitoring, broadcast monitoring, sales and internal communication monitoring, and others. The enterprise employee monitoring application segment is expected to dominate the market in the forecast period, and is expected to have a market share of 37.6% and 37.9% in 2022 and 2028, respectively.

Audio Communication Monitoring Market: Vendor Insights

The key players reported in this study on the global audio communication monitoring market are Cisco Systems, Inc., International Business Machines (IBM) Corporation., NICE Systems Ltd., Nexidia Inc., Nuance Communication, Inc., Tata Communications Ltd., Intelligent Voice, Nectar Services Corporation, Fonetic, and Ameyo.

In 2015, Intelligent Voice partnered with Castel to deliver speech analytic capabilities to contact centers by using Intelligent Voice’s GPU-powered software that takes over 240000 monitored calls each day on premise.

In 2022, Nectar Services partnered with Plantronics to build an Ear-to-Ear (e2e) solution that allows enterprises and carriers to track call quality across core networks, the internet/intranet and to agents answering phones.

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Key Segments of Audio Communication Monitoring Industry Survey

Audio Communication Monitoring Market by Component:

  • Solutions
    • Quality Analysis
    • Audio Loudness
    • Metering & Monitoring
    • Call Recording
    • Others
  • Services
    • Maintenance and Support Services
    • Professional Services

Audio Communication Monitoring Market by Industry:

  • Banking, Financial Services, and Insurance
  • Government
  • Telecommunication & IT
  • Media & Entertainment
  • Healthcare
  • Others

Audio Communication Monitoring Market by Enterprise Type:

  • Small & Medium Enterprises
  • Large Enterprises

Audio Communication Monitoring Market by Application:

  • Law Enforcement Agencies
  • Enterprise Employee Monitoring
  • Broadcast Monitoring
  • Sales and Internal Communication Monitoring
  • Others

Audio Communication Monitoring Market by Region:

  • North America Audio Communication Monitoring Market
  • Latin America Audio Communication Monitoring Market
  • Europe Audio Communication Monitoring Market
  • East Asia Audio Communication Monitoring Market
  • South Asia & Pacific Audio Communication Monitoring Market
  • Middle East & Africa (MEA) Audio Communication Monitoring 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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Christiana Corporate, 200 Continental Drive,
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T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/audio-communication-monitoring-market
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Marine Electronics Market is Booming Across the Globe and Witness Huge Growth by Key Players to 2029

The market for marine electronics is expected to be worth US$ 5.2 billion in 2022 and US$ 7.5 billion by 2029, growing at a CAGR of 5.3 percent over that time.

Marine Electronics Market Size (2022) US$ 5.2 Bn
Sales Forecast (2029) US$ 7.5 Bn
Global Market Growth Rate (2022 to 2029) 5.3% CAGR
Share of Top 5 Marine Electronic Device Suppliers 55%

Furthermore, the usage of marine electronics equipment has expanded as worries about search and rescue, safety and security, and help for the monitoring and navigation of maritime traffic have grown. Furthermore, governments in various countries are enacting various legislation mandating the installation of AIS in ships and boats, which is fueling the marine electronics market’s development.

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The Defense Industry Continues to Be a Major Source of Revenue

The growing demand for marine electronics solutions in the defence industry is creating significant development prospects in the marine electronics market.

The Coast Guard Office of Navigation Systems and the Coast Guard Research and Development Center are trying to enhance communication and navigation for continuous broadcast and autonomous systems in order to boost coastal safety and security. Furthermore, one of the primary reasons contributing to the growth of the marine electronics market is the defence sector’s continual research and development for the advancement of maritime navigation and communication.

Ocean carriage has seen tremendous popularity in European and Asian nations in recent years. India, China, Japan, France, and Germany are among the countries in these areas.

SEA&P Likely to Soon Outpace Europe

Based on application, the global marine electronics market is sub-segmented into merchant marine, fishing vessel, yachts/recreation, military naval, autonomous shipping, smart boat, and underwater drones. Among these, the underwater drones sub-segment is expected to witness a high growth rate during the forecast period, owing to the increasing adoption of underwater drones for a wide range of underwater operations and inspection activities.

In addition, on the basis of geography, Europe is expected to dominate the global marine electronics market. However, in the next few years, the SEA & Others of APAC region is expected to surpass Europe to become the leading region in global marine electronics market owing to the increasing marine activities and growing demand for advanced ships & boats in the countries of this region.

Some of the key players in the global marine electronics market research report include Navico, Furuno Electric, Garmin Ltd., FLIR Systems, Raytheon Company, Transas, Wärtsilä SAM Electronics, SRT Marine Systems, Icom Inc., Kongsberg Maritime, and Japan Radio. These companies in the marine electronics market are continually focusing on providing advanced marine electronics products and solutions by leveraging the latest technologies to enhance and expand their product portfolio with new innovations and technological advancements.

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Key Segments of Marine Electronics Industry Research

By Component:

  • Hardware
  • Software

By Application:

  • Merchant Marine Electronics
  • Fishing Vessel Electronics
  • Yacht/Recreation Boat Electronics
  • Military Naval Electronics
  • Autonomous Shipping Electronics
  • Smart Boat Electronics
  • Underwater Drone Electronics

By Region:

  • North America Marine Electronics Market
  • Latin America Marine Electronics Market
  • Europe Marine Electronics Market
  • East Asia Marine Electronics Market
  • South Asia & Pacific Marine Electronics Market
  • Middle East & Africa (MEA) Marine Electronics 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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Cocoa Liquor Market Is Rapidly Growing with Huge Application Scope & Opportunities By 2031

Against this backdrop, the sales of Cocoa Liquor Market via online stores and eCommerce platforms is expected to surge. Despite the spread of COVID-19, the rising online demand will enable the market to exhibit a stable rate of growth at a CAGR of 3.2% between 2021 and 2031.

There has been a sharp increase in the demand for chocolate products across North America and Europe. As per Future Market Insights (FMI’s) latest study, consumers will showcase a higher inclination for stockpiling on essential commodities as they prefer staying indoors amidst pandemic outbreaks.

Recently, consumers are showing greater demand for food products that are vegan natural, GMO-free, organic, and offer other clean label claims. Considering this, an increasing number of companies are focusing on a holistic and wellness approach to business.

This trend is taking over the cocoa liquor market as well. Therefore key players in the cocoa liquor market are focussing on adding natural sweeteners, such as coconut sugar and Stevia to position their product in the most demanded category and cater to health-conscious consumers.

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Key Takeaways from the Cocoa Liquor Market Study

  • The cocoa liquor market is estimated to be valued US$ 6.3 Bn in 2021
  • Europe accounts for a leading share in the global cocoa liquor market in terms of value sales owing to the increasing health conscious population and rising demand for organic and less processed chocolates
  • Owing to the increasing application of cocoa liquor in bakery, ice creams, chocolate infused drinks, and other food product, the market is set to surpass US$ 8.6 Bn in 2031.
  • Germany will remain a key market in Europe, while the U.S. is expected to retain dominance in North America.

 “Cocoa liquor offers many health benefits such as reducing blood pressure, lowering heart attack risk, and improving blood flow, therefore cocoa liquor is highly sought-after among increasing health-conscious population across the world. This will remain a chief growth driver of the market, “says an FMI analyst.   

Who is winning in Cocoa Liquor Market ?

Few of the market players operating in the cocoa liquor market are Archer Daniels Midland Company, Cargill Inc., United Cocoa Processor, Inc., Niche Cocoa Industry Ltd., Blommer Chocolate Company, JBCOCOA, The Hershey Company, The Ghirardelli Chocolate Company, Nestlé S.A., Valrhona, Mars, Inc., Cocoa Processing Company, Barry Callebaut, and others.

Manufacturers are regularly offering consumers innovative products. Innovations in cocoa liquor are intended to meet the evolving consumer demand for healthier confectioneries without compromising on the taste, flavour, texture, and nutritional qualities of the product.

  • In 2020, Barry Callebaut launched innovative dairy-free chocolate called ruby chocolate. For the production of this product the company will open new factory in Germany to produce thousands of tons of products.
  • In 2019, Cargil Inc., announced the acquisition of leading chocolate supplier Smet based in Belgium to expand its distribution network. This acquisition will help company to grow stronger in food service segment and confectionery market.

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Scope of Report

Attribute Details
Forecast Period 2021-2031
Historical Data Available for 2016-2020
Market Analysis USD Million for Value
Key Countries Covered US, Canada, Germany, U.K., France, Italy, Spain, Russia, China, Japan, South Korea, India, Thailand, Malaysia, Indonesia, Australia, New Zealand, GCC Countries, Turkey, Northern Africa, and South Africa
Key Segments Covered Product Type, Cocoa Variety, Form, Application, and Region
Key Companies Profiled Cargill Inc.The Archer Daniels Midland CompanyUnited Cocoa Processor, Inc.Blommer Chocolate CompanyNestlé S.AValrhonaBarry CallebautCemoiJBCOCOAIndia CocoaCharley’sOthers
Report Coverage Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives
Customization & Pricing Available upon Request

Get Valuable Insights into Cocoa Liquor Market

Future Market Insights, in its new offering, provides an unbiased analysis of the global cocoa liquor market, presenting historical demand data (2015-2019) and forecast statistics for the period from 2020-2030.

Cocoa Liquor Market by Category

By Product Type:

  • Dutch
  • Natural

By Cocoa Variety:

  • Forastero
  • Criollo
  • Trinitario
  • Other Cocoa Varieties

By Form:

  • Wafers
  • Blocks
  • Chips
  • Liquid

By Application:

  • Chocolate and Confectionery
  • Ice Cream
  • Food and Beverage Coatings
  • Beverages
  • Bakery
  • Other Applications

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • MEA

The report covers exhaustive analysis on:

  • What is the cocoa liquor market value?
  • What is the cocoa liquor market demand outlook?
  • What are the key trends shaping the cocoa liquor market?
  • At what rate did the demand for cocoa liquor rise in the last five years?
  • Who are the top players in the cocoa liquor market and what is their market share?
  • What is the North America cocoa liquor market outlook?
  • At what rate will the demand for cocoa liquor increase in Europe?
  • What is the South Korea and Japan market outlook for sales of cocoa liquor?

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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: 

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

Browse latest Market Reports: https://www.futuremarketinsights.com/reports

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