Version Control Systems Market : Key Players, Applications, Outlook, SWOT Analysis & Forecast to 2031

The interest for version control systems market is supposed to top US$ 629.3 Mn in 2021. According to Future Market Insights (FMI) examination, the market will enlist noteworthy development at 10.7% CAGR somewhere in the range of 2021 and 2031, as endeavors all over the planet show appeal for computerization and digitalization in the product improvement processes.

Recently delivered information on version control systems demonstrates a 9.3% y-o-y development in 2021. Brought together version control systems have the biggest market share. Then again, the conveyed version control systems is conjecture to develop at a 12.7% CAGR through the evaluation period. Other than this, the market is driven by the money saving advantages presented by cloud-based arrangements of version control systems arrangements.

The essential variables driving the development of version control systems market incorporate the rising interest for mechanization and digitalization instruments. North America is expected to represent over 31% of the market by 2031, attributable to higher necessities to lessen intricacies in programming improvement processes.

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Impact of COVID-19 on Version Control Systems Market

The COVID-19 pandemic has disrupted many industries, including the version control systems sector. Different industry verticals have suffered notable losses as a result of mobility and travel restrictions for public health reasons, among other social distancing measures.

Disruptions in services are having an impact on economies and trade, given the role of services in offering inputs connecting supply chains and facilitating trade. The extent of impact on trade varies by mode of supply and sector. Trade involving proximity among consumers and suppliers is severely impeded. The COVID-19 crisis is leading to greater adoption of online services in retail, education, health, and telecom sectors.

Key Takeaways from Version Control Systems Market Study

  • Large enterprise applications will dominate the market through 2031 with a 53.6% value share, supported by large-scale data transformation requirements in these businesses.
  • The IT & telecom industry will reflect higher adoption rates holding 23.2% of the market in 2021, supported by the introduction of 5G technologies.
  • China leads the East Asia market, reflecting a CAGR of over 10.3% through 2031, with growing demand for cost effective version control systems for SMEs in the region.
  • The U.S. market is projected to expand at a CAGR of 9.8% through 2031, supported by the presence of key players in the market.
  • Germany will hold the lead in Europe by the end of 2031, with a CAGR of over 11.2% owing to the rising penetration of the internet and smartphone technologies in the region.

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Competitive Landscape

According to the Future Market Insights analysis, IBM, Microsoft, Broadcom, Micro Focus, Apache Software Foundation, Canonical, Git, Perforce Software, Mercurial, and Dynamsoft, are identified as key players in the version control systems landscape.

Companies manufacturing version control systems are aiming for product innovation and strategic partnerships with other software vendors to enhance their portfolios while addressing the demand of an expanding customer pool. Introduction of new products and strategic partnerships are key with the top players in the version control systems landscape.

  • For instance, In May 2017, Microsoft Corporation collaborated with Git to make use of its version control system and GVFS for developing Windows. Due to the large size of the content, Microsoft manipulated Git and developed GVFS for exploiting the benefits of Git and reducing the time delays simultaneously.

More Valuable Insights on Version Control Systems Market

A revised market research report published by Future Market Insights (FMI) on the global version control systems market includes global industry analysis for 2016–2020 and opportunity assessment for 2021–2031. The report provides valuable insights on the basis of type (local version control systems, centralized version control systems, and distributed version control systems); deployment (cloud and on premise); enterprise size (SMEs and large enterprises); industry (BFSI, healthcare, IT & telecom, retail, education, and others), and across six major regions.

Key Points Covered in Version Control Systems Market Survey

  • Version Control Systems Market Estimates and Forecast 2016-2031
  • Key Drivers and Restraints Impacting Market Growth
  • Segment-wise, Country-wise, and Region-wise Analysis
  • Competition Mapping and Benchmarking
  • Brand Share and Market Share Analysis
  • Key Product Innovations and Regulatory Climate
  • COVID-19 Impact on Version Control Systems and How to Navigate
  • Recommendation on Key Winning Strategies

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Market Segmentation by Category

Type:

  • Local Version Control Systems
  • Centralized Version Control Systems
  • Distributed Version Control Systems

Deployment:

  • Cloud
  • On-premise

Enterprise size:

  • SMEs
  • Large Enterprises

Industry:

  • BFSI
  • Healthcare
  • IT & Telecom
  • Retail
  • Education
  • Others

Region:

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

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

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Non-Agriculture Smart Irrigation Controllers Market Current Scenario Trends, Comprehensive Analysis & Regional Forecast by 2031

As per the non-agriculture smart irrigation controllers’ industry examination by Future Market Insights (FMI), the interest enrolled in the market will increment at a CAGR of 12.8% from 2021-2031.

The report likewise estimates that the market will outperform a valuation of ~US$ 287.6 Mn toward the finish of 2021. Non-agriculture smart irrigation controllers can be checked and overseen from far off area by means of gadgets, for example, smartphones, PCs or through smart collaborators sent in a family. Thus, use of these smart irrigation controllers is expanding in private area.

Interest for non-agriculture smart irrigation controllers market is expanding because of cost-viability and limited water squander. These controllers additionally offers better long haul scene wellbeing, web of things (IoT)- based biological system for smart irrigation, and smart warnings if there should arise an occurrence of irregularities.

Further, better capacity and benefits of non-agriculture smart irrigation regulator items over customary controllers are is establishing helpful climate for the interest in the market.

These smart irrigation controllers additionally give better item plan and advancement, customization administration, rebuilding of the inventory network for higher productivity. This is supposed to offer gradual learning experiences for the central members.

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Governments initiatives for supporting water conservation is increasing the adoption of smart irrigation systems.  Also, factors such as the need for efficient irrigation systems, development of smart cities, and reduced cost of sensors and controllers used in smart irrigation systems are expected to propel the demand for smart irrigation products.

Key Takeaways

  • By type, the standalone irrigation controllers segment is anticipated to account for the leading share in the global demand for non-agriculture smart irrigation controllers market during the forecast period.
  • The smart irrigation sprinkler controllers segment is estimated to grow at a robust CAGR of 15.4% through 2031.
  • By application, the adoption of non-agriculture smart irrigation controllers in industrial segment is anticipated to increase at a CAGR of 13.9% between 2021 & 2031.
  • India is expected to witness growth at a CAGR of around 22.0% through 2031.
  • In Japan, sales are expected to increase at a CAGR of ~17.3% over the next ten years.

Innovation in Communication Methods to Have a Positive Impact on Market

Connected technologies are becoming an integral part of smart deployments, and manufacturers are increasingly trying to integrate smartphone control functionality into their systems.

Most of the smart home-based irrigation controllers are integrating functionalities that can enable them to communicate through smart home systems via voice, using smart assistant devices such as Amazon Alexa.

For instance, in March, 2018, Rain Bird launched Alexa-enabled controllers. Users are able to control their irrigation systems using the voice-activated personal assistant

There is continuous advancement in communication technologies which is creating potential opportunities for the non-agriculture smart irrigation controller market. It helps growers or residential users to access their irrigation systems remotely.

Advanced wireless sensors offer convenience, mobility, etc. and radio frequency technology in irrigation systems provides connectivity with wireless signal communication systems. These aforementioned factors are expected to provide an impetus to the demand in the market.

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More Valuable Insights on Non-Agriculture Smart Irrigation Controllers Market

Future Market Insight’s report on the non-agriculture smart irrigation controllers industry research is segmented into three major sections – type  (plug-in irrigation controllers, standalone irrigation controllers, smart irrigation sprinkler controllers), application (industrial, commercial, residential), 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 non-agriculture smart irrigation controllers demand outlook.

Non-Agriculture Smart Irrigation Controllers Industry Outlook by Category

By Type:

  • Plug-in Irrigation Controllers
  • Standalone Irrigation Controllers
  • Smart Irrigation Sprinkler Controllers

By Application:

  • Industrial
  • Commercial
  • Residential

By Region:

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

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Railways Management System Market Recent Trends, Demand, Dynamic Innovation in Technology & Insights

As per Future Market Insights, the worldwide market for railways management systems is expected to grow energetically in the impending years. Toward the finish of 2022, the worldwide railways management system market is ready to be worth almost US$ 5 billion.

The report offers a select concentrate on the worldwide railways management system market, uncovering key possible situations for market extension. Over the estimate period, 2017-2022, the worldwide market for railways management systems is supposed to enroll a worth CAGR of 10.4%.

Taking into account how railways will stay to be the foundation of coordinated operations, framework, and the general economy of a country, managerial specialists are supposed to embrace railways management systems for supporting this item. As per Future Market Insights, the worldwide market railways management systems in expected to get some forward momentum with regards to incomes over the time of next five years.

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North America to register higher adoption of railways management systems

The report has anticipated that North America will dominate the global railways management system market in terms of revenues. With a robust rail infrastructure in this region, a majority of freight and logistics operations in the US and Canada are carried out through railways.

The adoption of railways management systems in Asia-Pacific excluding Japan (APEJ) is also expected to gain considerable traction. Considering how efficient railway transportation has served as a mainstay for economic development in several APEJ countries, the railways management system market in this region is expected to expand at a robust CAGR during the forecast period. Europe’s railways management system market is also expected to showcase impressive growth in few years down the line.

Competitive Landscape
Several companies are also expected to develop distinct subsystems on railways management, which could be used to improve the performance of existing systems. The report has also profiled key developers of railways management systems in the global market. Companies namely, GAO RFID, Hitachi, Ltd., Amadeus IT Group, S.A, Cisco Systems, Inc., ABB Limited, IBM Corporation, Thales S.A., Toshiba Corporation, General Electric Co., and Huawei Technologies Co., Ltd. are expected to remain active in global expansion of railways management system market over the span of next five years.

Cloud deployment of railways management system to register highest CAGR

On-premise deployment of railways management system is anticipated to bring in nearly US$ 2 billion in global revenues by the end of 2017. In the approaching years, however, several railway administrations across the globe are likely to deploy railways management system through cloud-based networking models.

For improving compliance of railways management systems across integrated platforms, cloud deployment will be viewed as the best option. Moreover, real-time management and active notification systems will be working more effectively through cloud deployment of railways management systems. Through 2022, global revenues procured from cloud deployment of railways management systems are anticipated to register highest CAGR of 13.2%.

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The taxonomy of the global railways management system market has been illustrated in the table below:

Region

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

Solutions

  • Traffic Planning
  • Track Management System
  • Operation Management System
  • Railway Reservation System
  • Others (asset management system)
  • Other Application

Deployment Type

  • On-Premise
  • Cloud

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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 5-years.

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Video Intercom Device Market Current and Future Demand, Analysis, Growth & Forecast 2027 | Future Market Insights, Inc.

The worldwide video intercom device market is supposed to enroll a CAGR of 13.1% during 2017 – 2027, with North America, Western Europe, and APEJ representing striking offers toward the figure time frame’s end.

FMI has conveyed the critical experiences on the worldwide video intercom device market in its report named “Video Intercom Device Market: Global Industry Analysis 2012 – 2016 and Opportunity Assessment, 2017 – 2027”.

The development of the worldwide video intercom device market is supposed to be alluring as the market is supposed to develop ceaselessly at a CAGR of 13.1% concerning esteem during the estimate time frame, 2017 – 2027.

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Video Intercom Device Market: Analysis & Forecast

On the basis of product, the door/entrance system segment is expected to register attractive growth during the forecast period in the global video intercom device market. On the basis of technology, the IP-based video intercom device segment is expected to witness an attractive growth during the forecast period in the global video intercom device market. Based on vertical, the residential segment is expected to gain a high share in the global video intercom device market during the forecast period.

The global video intercom device market was valued at US$ 15,711.6 Mn by the end of 2017, and is expected to grow at a steady pace over the coming years. Developed economies of North America, Eastern Europe and APEJ are collectively expected to account a major share of the global video intercom device market.

North America, Eastern Europe and APEJ are projected to be the dominant regional markets for video intercom device, where APEJ is expected to grow at high CAGR during the forecast period.

Video Intercom Device Market: Dynamics Impacting Revenue Growth

Since the last few years, the adoption of video intercom device has increased considerably, especially in the residential segment. The manufacturers of video intercom devices are planning to reduce the overall as well as the installation cost.

Apart from building and societal security infrastructure, video intercom devices are deployed for baby monitoring purpose facilitating parenting ease, by providing information about the baby’s routine activities.

The door/entrance system segment in the global video intercom device market is expected to witness significant growth over the forecast period. The system sends an alert signal to the user regarding the entry and exit of a known or unknown person, even if the user is not present at the premise, which is the prime factor driving the demand for door/entrance system.

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Video Intercom Device Market: Regional Insights

North America is expected to be the dominant regional market for video intercom device as the overall revenue generated from the residential segment has surged owing to the increased adoption of smart home automation solutions.

Consumers nowadays are adopting security systems with advanced features embedded in their smart home applications, considering it as a value-added service for better quality of living. Such factors are encouraging the vendors of video intercom devices to innovate their solutions, which is thus driving the growth of the video intercom device market in the region. The APEJ video intercom device market will be a target market for the participants owing to the high growth opportunities in countries such as India and China.

The video intercom device market in Eastern Europe has high potential. Penetration of smartphones in the European countries is increasing rapidly, and population living in urban areas is looking for better security solutions such as video intercom devices to deploy in their smart homes. This is a major factor expected to drive the growth of the video intercom device market in the region.

Video Intercom Device Market: Competition Analysis

According to FMI’s analysis, the integration of advanced technologies by the manufacturers of video intercom devices, along with enhancement of functionality will help increase their revenues in the video intercom device market.

Examples of some of the key participants operating in the global video intercom device market are Panasonic Corporation, Honeywell Security, LEGRAND, Godrej Industries Limited, Zicom, Zenitel, Aiphone Corporation, Comelit Group S.P.A., Dahua Technologies Co. Ltd., and Hangzhou Hikvision Digital Technology Co. Ltd.

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Key Segments Covered

Product

  • Baby Monitoring System
  • Handheld Device
  • Door/Entrance System

Technology

  • IP-based
  • Analog-based

Vertical

  • Government
  • Residential
  • Commercial
  • Manufacturing/Industrial

Key Regions Covered

  • North America Video Intercom Device market
    • U.S.
    • Canada
  • Latin America Video Intercom Device market
    • Brazil
    • Mexico
    • Rest of Latin America
  • Western Europe Video Intercom Device market
    • Germany
    • France
    • U.K.
    • Spain
    • Italy
    • Benelux
    • Nordic
    • Rest of Western Europe
  • Eastern Europe Video Intercom Device market
    • Russia
    • Poland
    • Rest of Eastern Europe
  • APEJ Video Intercom Device market
    • China
    • India
    • Australia & New Zealand
    • ASEAN
    • Rest of APAC
  • Japan Video Intercom Device market
  • MEA Video Intercom Device Market
    • GCC Countries
    • Turkey
    • South Africa
    • North Africa
    • Rest of MEA

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

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Weather Information Technology Market Research Report: Overview With Geographical Segmentation & Revenue With Forecast 2022-2029

The worldwide weather information technology market is set to partake in a valuation of US$ 4,772.7 Mn in 2022, and further extend at a CAGR of 6.1% to arrive at US$ 7,216.3 Mn continuously 2029.

New correspondence organizations and figure frameworks, for example, advanced information base determining, nowcasting frameworks, remote correspondence and others are arising and giving the potential chance to work on Public Weather Services (PWS).

Utilizing technology like increased reality, meteorologists are making visuals from weather radar and determining models, and assisting watchers with planning for future tempests.

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Weather information through mobile apps and websites, and promotion of commercial applications such as hyper-local forecast, stunning weather virtualization, and smart notification in APEJ are creating opportunities for global players.

Increasing Environmental Observations and Monitoring of Weather Information Technology Boost the Market Growth

Various technological trends that are changing all areas of the market are fueling advances in weather prediction. Advances in modeling and forecasting, cloud, big data and analytics, smart devices, and mobile computing are fueling innovations in service delivery.

Rapid growth in personal weather stations and smart connected devices has increased the data available for weather observation and monitoring and may have the potential to improve the accuracy of hyperlocal weather forecasts. Hence, the adoption of monitoring and environment observations is driving the growth of the weather information technology market.

For instance, in March 2021, the Lockheed martin Corporation successfully launched GOES-17 Satellite to provide broad coverage with powerful new weather monitoring technology for meteorologists. This satellite will continue to produce dazzling weather data that has captivated forecast.

More Valuable Insights on Weather Information Technology Market

FMI’s report on the weather information technology market is segmented into six major sections such as solutions (systems, and services), applications (air quality monitoring, weather monitoring, weather forecasting, and others (chemical & space weather monitoring)), industry (utilities, agriculture, military & defense, transportation, marine, aviation, and others(mining, energy utilities, chemicals)), and region to help readers understand and lucrative evaluate opportunities in the weather information technology market.

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Competitive Landscape

Weather information technology providers are continuously focuses on cost reduction of the product and improved services by implementing different strategies such as product innovation, partnership, acquisition and geographical expansion. With these strategies, key players expect to strengthen their presence in the global market and develop advanced weather forecasting technologies.

  • For instance, in September 2019, Lockheed Martin Corporation introduced new state-of-the art facility in Colorado Springs that lets the Air Force and others simulate, test and train in a multi-domain environment that reflects today’s complex space environment.
  • For instance, in September 2019, Accuweather introduced new product suit that enables advertisers and brands to utilize unique proprietary weather forecasts for targeted advertising via segments available on leading data platforms.

Key Takeaways – Weather Information Technology Market Study

  • Demand from aviation industry would witness a high growth rate, owing to rising adoption of weather information technology in military & defense sectors.
  • Market share held by air quality monitoring is projected to increase at a striking CAGR during the forecast period, due to increasing focus to monitor and control levels of air pollution.
  • North America is anticipated to dominate the weather information technology market due to increasing application of supercomputing for weather forecast in the region.
  • Management of climate and weather information technology can help better-informed policy for community and institutions that decrease related risks and offer efficient use of limited resources, livestock, improve fishery production, and increase the crop yield.

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Weather Information Technology Outlook By Category

By Solution :

  • Weather Information Technology Systems
    • Automatic Weather Stations
    • Automated Weather Observing System (AWOS)
    • Sounding Systems
    • Weather Radar
    • Others (Lightening, Air Quality)
  • Weather Information Technology Services
    • Maintenance Services
    • Consulting Services

By Application :

  • Air Quality Monitoring
  • Weather Monitoring
  • Weather Forecasting
  • Others

By Industry :

  • Utilities
  • Agriculture
  • Military & Defense
  • Transportation
  • Marine
  • Aviation
  • Others (Mining, Chemicals)

By Region :

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

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 7-years.

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Metrology Software Market Expectations & Growth Trends Highlighted Until 2031

As per the metrology software industry examination by Future Market Insights (FMI), the interest enrolled in the metrology software market will increment at a CAGR of 7.0% from 2021-2031.

The report likewise estimates that the market will outperform a valuation of ~US$ 900 Mn toward the finish of 2021. According to Future Market Insights, a continuous shift toward inline metrology or cycle coordinated estimating instruments and quick mechanical progressions have set out more than adequate open doors for the use of metrology software. These advancements have become fundamental in working on financial seriousness across enterprises, which is impelling market development.

Metrology is the logical investigation of estimations and their progressive organization across different businesses. The interest inside the worldwide market for metrology software has been ascending by virtue of progressions in the field of gadgets and semiconductors.

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Metrology has a wide area of activity and has arisen as a significant interaction across a variety of businesses. Consequently, it is normal that the worldwide market for metrology software would grow at a huge rate in the years to come.

Furthermore, growing acceptance for point cloud capabilities, drive towards precision engineering, and demand for portable Coordinate Measuring Machine (CMM) software are collectively driving adoption of metrology software solutions across the globe.

Additionally, their ability to integrate multiple functions within a single unit, thereby making device compact has further fueled market momentum in different verticals. These factors are projected to contribute towards a single digit compounded annual growth rate during the forecast period.

Key Takeaways: Metrology Software Market

  • By solution, the on-premises metrology software segment is anticipated to account for the leading share in the global demand for metrology software during the forecast period. However, the cloud-based metrology software segment is estimated to grow at a healthy CAGR of more than 6.0% through 2031.
  • The application of metrology software in measurement and alignment segment is anticipated to increase at a CAGR of nearly 7.0% between 2021 & 2031, while quality control and inspection segment is currently dominating the market.
  • The adoption of metrology software by healthcare sector is expected to rise at the maximum pace. As per Future Market Insights, demand in this segment will increase by a CAGR of around 6.5% between 2021 and 2031.
  • North America is expected to lead the market followed by Europe in 2021. South Asia & Pacific is anticipated to emerge as the fastest growing region between 2021 & 2031.
  • The market in Japan is expected to progress at a CAGR of around 6.0% through 2031.
  • In the U.K., sales are expected to increase at a CAGR of close to 7.5% over the next ten years.

Entry Barrier for New Players Might Restrict Growth

The presence of large and strong players in the market such as Hexagon AB, FARO Technologies Inc., and others who enjoy a strong presence in sales and distribution channels, provides a significant challenge to small and new players with limited resources.

New players also find it difficult to provide all solutions bundled in a single metrology software package, which can cater to the breadth and depth of the entire product line of an end-user affecting decision-making while giving contracts.

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Electronic Manufacturing Sector to Witness Significant Growth

Primary factors driving the demand for the metrology software are application of advanced technologies to facilitate electronic manufacturing and consistent development of advanced nanotechnology, smart materials, flexible electronics, and green manufacturing.

Metrology software solutions have become indispensable for electronic manufacturing and quality inspection activities. In the rapidly-growing electronic manufacturing industry, organizations are aiming to design and manufacture new products.

More Valuable Insights on Metrology Software Market

Future Market Insights’ report on the metrology software industry research is segmented into four major sections – solution (metrology software and services), application (measurement  and alignment, quality control and inspection, virtual simulation, reverse engineering, and others), industry (automotive, aerospace and defense, power and energy, consumer electronics, healthcare, manufacturing, 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 metrology software demand outlook.

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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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Clay Coated Recycled Boxboard Market Scope of Current and Future Industry 2030

Clay coated recycled boxboard market is expected to grow at a solid CAGR (4.7%) over the estimate period (2022-2030), arriving at US$ 10.5 Bn constantly 2030.

Clay coated recycled boxboard (CRB) tracks down application in the bundling of dry food, pet food, clothing cleansers, and drugs. CRB is financially savvy and 100 percent recyclable, making it profoundly ideal among bundling converters.

This boxboard is viewed as great for bundling that requires a successful printable surface, is lightweight, and security purposes. The worldwide clay coated recycled boxboard market is supposed to show a CAGR of 4.7% over the conjecture time of 2022-2030.

In the midst of the Covid (COVID-19) pandemic, the clay coated recycled boxboard market is supposed to observe a drop in esteem creation in 2020, because of decrease in modern creation and abnormalities in the worldwide store network.

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In any case, the market is scheduled to make a quick recuperation by 2022 with a 4.7% Y-o-Y development, driven by flooding utilization of recycled boxboard in a few businesses, including food and refreshments, drugs, beauty care products, and gadgets. Also, buyers are supposed to progressively become cognizant in regards to food handling, which is again prone to move the development of the clay coated recycled boxboard market over the next 8 years.

“Advancements in digital printing are encouraging brands to reach a wider audience base, thus, creating remunerative growth opportunities for clay coated recycled boxboard manufacturers. Leading manufacturers are collaborating with local distributors in order to provide customized solutions to end-use customers.”

Clay Coated Recycled Boxboard Market Landscape

The clay coated recycled boxboard market is highly fragmented, with prominent players accounting for below 20% of global revenue. Leading manufacturers such as International Paper Company, Smurfit Kappa, and WestRock are focusing on product development and acquisitions to meet the rising demand from wider geographies.

Moving on, small-scale manufacturers such as GreenPaper will look to increase their production capacities to maintain their market competitiveness. Other noteworthy players in the clay coated recycled boxboard market are Paperworks Industries, Inc., Netpak, Greif, GreenPaper, Strathcona Paper LP, TPC Group Co. Ltd., and Spartan Paperboard Company.

Impact of Covid-19 on Clay Coated Recycled Boxboard Market

The outbreak of Covid-19 had put the entire clay coated recycled boxboard market to a standstill in wake of partial/total lockdowns being enforced all across. Amidst uncertainties on the personal as well as professional front, opting for, or even thinking of clay coated recycled boxboard was out of question.

This was the scenario between March 2020 and September 2021. However, the market is getting back to normalcy, which is, in turn, expected to give an impetus to clay coated recycled boxboard market in the near future.

Competitive Landscape

Global clay coated recycled boxboard market represents a fragmented one. International Paper Company, Smurfit Kappa, Greif and WestRock are top players in the global clay coated recycled boxboard market accounting for market share under 20%. Tier 2 players are characterized by strong presence overseas and wide product portfolio.

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Key Takeaways of Clay Coated Recycled Boxboard Market Study

  • Clay coated recycled boxboard market revenue will expand around 1.5X over 2020-2030, attributable to rising adoption of products such as cereal boxes that require graphic printing for enhanced brand reputation.
  • Around half of clay coated recycled boxboard market revenue would be realized by food and beverage packaging applications, owing to increasing demand from the snack packaging industry. Clay coated recycled boxboard also finds application in consumer goods such as footwear and apparel, and the trend will follow a positive curve in the coming years. Moreover, pharmaceutical packaging applications are reflecting potential growth avenues for clay coated recycled boxboard manufacturers.
  • East Asia accounts for nearly a quarter of the global clay coated recycled boxboard market, majorly represented by China. Rising health awareness and high demand for pharmaceutical, beauty, and personal care products are fueling the regional market.
  • Clay coated recycled boxboard offers high moisture absorption, lower weight resistance, and better printing quality output as compared to SUK and folding boxboard.
  • Key players in the clay coated recycled boxboard market are embracing inorganic expansion strategies such as acquisitions to satiate the demand from wider geographies, whereas, small and medium businesses (SMBs) are strengthening their supply chains to sustain in the market landscape.

Key Segments Covered in Clay Coated Recycled Boxboard Industry Research

Clay Coated Recycled Boxboard Market by Material :

  • CBR (Clay Coated Board Recycled)
  • CBO (Clay Coated Recycled Multi-ply)

Clay Coated Recycled Boxboard Market by End-use :

  • Food & Beverages Packaging
  • Pharmaceuticals Packaging
  • Cosmetics, Personal Care & Homecare Packaging
  • Automotive Parts Packaging
  • Electrical & Electronics Packaging
  • Apparel & Footwear Packaging
  • Others (Printing & Publishing, Transportation & Logistics, etc.)

Clay Coated Recycled Boxboard Market by Region :

  • North America Clay Coated Recycled Boxboard Market
  • Latin America Clay Coated Recycled Boxboard Market
  • Europe Clay Coated Recycled Boxboard Market
  • East Asia Clay Coated Recycled Boxboard Market
  • South Asia Clay Coated Recycled Boxboard Market
  • Oceania Clay Coated Recycled Boxboard Market
  • Middle East & Africa (MEA) Clay Coated Recycled Boxboard 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.

Contact:

Future Market Insights Inc.

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Sterile and Antiviral Packaging Market to Exceed Valuation Of Thousand by 2030

The Global Sterile and Antiviral Packaging Market is assessed at US$ 25 Bn in 2022 and is projected to arrive at US$ 37.9 Bn by 2030, at a CAGR of 5.3% from 2022 to 2030.

According to the most recent review directed by FMI, the worldwide deals of sterile and antiviral packaging is supposed to show amazing development because of the great pouring demand for life-saving medications and immunizations in all areas of the planet. Worldwide deals are supposed to observe a development of 1.5 times somewhere in the range of 2022 and 2030.

To get outcome in this serious market place, organizations consider taking up imaginative arrangements and market research report is one of them. Objectivity has been kept at the middle while getting the best outcome by means of worldwide Sterile and Antiviral Packaging Market report for Healthcare industry.

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Sterile and Antiviral Packaging Market report offers circumspect examination of current situation of the worldwide market, which thinks about various market elements. This report gives exact data about market patterns, modern changes, and shopper conduct and so on.

This market record remembers information for examples and upgrades, target business areas and materials, cutoff points and progressions. Additionally, this market report gives thought to clients about the market drivers and restrictions with the assistance of SWOT examination and likewise gives all the CAGR projections to the noteworthy year, base 2021 and conjecture period.

Global Sterile and Antiviral Packaging Market Key Players:

  • Becton, Dickinson and Company
  • E.IE. I. Dupont De Nemours and Company
  • Amcor Plc,
  • BillerudKorsnas AB,
  • Placon Corporation Inc,
  • Wipak Group,
  • ProAmpac LLC
  • SteriPack Contract Manufacturing
  • Nelipak Healthcare Packaging
  • Oracle Packaging
  • Puracon GmbH
  • Oliver Healthcare Packaging, LLC
  • Westfield Medical Limited
  • GS Medical Packaging Inc.
  • Deufol Group

The numerical data brought together to produce this report is mostly signified with the graphs, tables and charts which make this report more user-friendly. All the actions regarding market insights also have an effect on the sales, import, export, revenue and CAGR values.

The leading Sterile and Antiviral Packaging report is also wide-ranging which includes market definition, classifications, applications, engagements, market drivers and market restraints that are obtained with the help of SWOT analysis.

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Sterile and Antiviral Packaging Market Report contents include

1 Analysis of the Sterile and Antiviral Packaging Market including revenues, future growth, market outlook
2 Historical data and forecast
3 Regional analysis including growth estimates
4 Analyses the end user markets including growth estimates
5 Profiles on Sterile and Antiviral Packaging including products, sales/revenues, and market position
6 Sterile and Antiviral Packaging Market structure, market drivers and restraints

What was the Impact of Covid-19 upon Global Sterile and Antiviral Packaging Market?

Amidst the coronavirus outbreak, the behavior and attitude of customers are likely to see major changes. The immediate effect would be increased consumer concern regarding the virus’ ability to survive on the surface of packages, and this may fuel demand for sterile and antiviral packaging for its antiviral and antibacterial properties.

The aftermath of the outbreak would be such that customers would be more aware and concerned regarding particular food products and packaging, which is likely to influence customer choices. Consumer sentiment regarding consumption is likely to become more concerned for safety and contamination risks, which is likely to boost the demand for sterile and antiviral packaging exponentially.

Competitive Landscape

The key market players across sterile and antiviral packaging market are coming up with launch of innovative packaging solutions made up of sustainable materials and focusing on expanding their global footprint:-

In November 2021, Becton, Dickinson and Company opened a new manufacturing facility in Zaragoza, Spain for supporting growth of pre-filled syringes in the region.

In October 2021, Becton, Dickinson and Company collaborated with U.S. Government to Covid-19 combination diagnostic tests and received initial funding of US$ 24.7 Mn for the same.

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Global Sterile and Antiviral Packaging Market by Category

By Packaging Type :

  • Thermoform Trays
  • Sterile Bottles/Containers
  • Vials & ampoules
  • Sterile closures
  • Pre-filled syringes
  • Blister & clamshells
  • IV Bags & pouches
  • Sterile Wraps
  • Others (Sterile Lids, etc.)

By Material :

  • Plastics
  • Glass
  • Metal
  • Paper & paperboard

By End Use :

  • Pharmaceutical & Biological
  • Surgical & Medical Instruments
  • Food & Beverage Packaging
  • Others

By Region :

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

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

Contact:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

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Packaging Testing Services Market Size, Share, Growth Trends, and Forecast Analysis to 2031

The packaging testing equipment market will increase at a CAGR of 6.4 percent between 2021 and 2031, according to Future Market Insights (FMI). The consumer electronics industry’s application scope is predicted to expand as demand for complementary and technologically advanced packaging solutions develops. Packaging testing equipment is used in the electronics sector for a variety of purposes, including backing proofing for operating status, certification of electronics, and determining whether or not they are safe to use.

Packaging testing equipment’s uses in the electronics industry are continually expanding. A prominent factor that is expected to boost the growth of the packaging testing equipment market is the fast expanding demand for consumer electronics.

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Packaging Testing Equipment Market Landscape

Krones AG, Coesia Group and AMETEK Inc. are the top players operating in the packaging testing equipment market. Furthermore, Marchesini Group, Presto Testing Equipment, Labthink Instruments Co. Ltd., AZO Holding GmbH, Machine Solutions Inc., Qualitest, and Rycobel Group are also the noticeable players in the packaging testing equipment market. The 3-tier players of the market hold 80-90% in the global packaging testing equipment market. Summarizing everything key players will contribute almost 10-20% of the global market.

FMI forecasts that the sales of packaging testing equipment will increase in food and beverages, healthcare, and other sectors. Factors such as demand for sustainability and client specific customization will aid application across diverse industries.

Key Takeaways from Packaging Testing Equipment Market

  • By testing type, material/ sample testing segment is ahead and leading the global packaging testing equipment market. The segment is anticipated to account for 44% of the market by the end of forecast period.
  • By material, the plastic segment is mostly preferred in the market due to its low cost feature. Demand in the segment is anticipated to increase 1.8 times during next 10 years.
  • Among end users, the food and beverages segment will exhibit high demand. Furthermore, healthcare & pharmaceuticals will be the second largest segment, accounting for 22% of the market.
  • Asia-Pacific is anticipated to offer impressive opportunities for packaging testing equipment market due to lower tax slabs and ease of doing business opportunities in the region.
  • North America and Europe will hold share of almost 44% in the global market by the year 2031.

 “The demand for packaging testing equipment is rising globally.  Increasing focus on testing services and verification & certification for ensuring the quality of packaging material has created growth opportunities for packaging testing equipment manufacturers ,” says FMI analyst.

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Introduction of New Standards & Regulations to Bolster Packaging Testing Equipment Market

Introduction of new standards for packaging authentication is creating growth opportunities in the packaging testing industry. Standardized regulations are implemented around the world to ensure ever-expanding cargo and product reach the destination safely, and different packaging test methods are done in this process.

There is a long list of packaging testing standards established by various organization such as International Safe Transit Association (ISTA), American Society for Testing and Materials (ASTM), International Organization for Standardization (ISO) which includes, Consumer, Pharmaceutical, Chemical/Safety Properties, and Child Resistant Packaging, Interior Packaging, Sustainability & Recycling, Package Design and Development, , Shipping Containers, Paper and Paperboard Products Crates, Pallets, and Related Structures, Tape and Labels, And others.

Implementation of stringent packaging guidelines will therefore help in the growth of the market.

Impact of COVID-19 on Packaging Testing Equipment Market

Global crisis of COVID-19 had negative impact on the sales of packaging testing equipment. Lack in availability of raw materials suspended manufacturing process. Imposition of lockdown in major regions such as North America, Latin America, Europe, Asia-Pacific and Rest of World also hampered manufacturing of packaging testing equipment.

Disruption in supply chain activities and stringent rules and regulations lead to a complete closure of manufacturing plants for months. Consequently, sales of packaging testing equipment were pretty disturbed during the lockdown dampening sales of target 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.

Contact:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

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Micro Flute Paper Market Scope of Current and Future Industry 2030

In its new market study, Future Market Insights (FMI) estimates micro flute paper market to grow at 5.1% CAGR (value) through 2030.

The report attributes the growth of the market to increasing demand for shelf-ready packaging (SRP) at retail stores, hypermarkets supermarkets, and other sales and distribution outlets, coupled with the advanced physical properties of micro flute paper. Similarly, the study has identified the growing preference for lightweight and robust packaging solutions as a crucial growth driver.

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The analysts at FMI also remark that an increasing number of regulations against the usage of plastic packaging solutions are asserting market players to seek biodegradable packaging solutions, thus giving a boost to the adoption of micro flute paper owing to its minimal carbon composition.

However, the report opines that the COVID-19 pandemic will adversely impact the demand for micro flute paper owing to pandemic-related difficulties such as supply chain disruptions and termination of production across food & beverage and personal care industries.

Key Takeaways
  • E flute paper will remain the most popular variant, capturing more than 50% of global market value, owing to high strength.
  • 175 – 250 GSM segment will account for over 3/5th of total market value.
  • Recycled material will remain the most sought-after type, accounting for more than 4/5th of market value.
  • Based on end-use, micro flute paper finds the majority of applications in the food & beverage industry.
  • Europe is expected to remain at the forefront of the regional landscape, capturing nearly 30% of market value.
  • North America and East Asia will collectively account for more than 2/5th of global value.

“Market players are focusing on overcoming the limitations of the products such as vulnerability to extreme physical conditions, and are opting for R&D to achieve the same,” remarks FMI analyst.

COVID-19 Impact

The outbreak of COVID-19 has created uncertainty in the global packaging industry and micro flute paper is no different. Owing to its reliance on F&B and personal care sectors, the demand for micro flute paper is likely to experience a downtrend during the pandemic as operations in the aforementioned sectors came to a curt halt.

Moreover, other COVID-19 related perils such as unavailability of raw materials, shortage of workforce, and contraction of production are acting as major challenges on the supply side of the micro flute pape market. However, the socioeconomic situation is realigning to normality in several parts of Europe and East Asia, and this is likely to aid in the revamp of the market from the dawn of 2021.

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 Who is Winning?

Players in the micro flute paper market are increasing their investment in research & development activities to develop products that are resistant to extreme physical conditions such as heat and cold.

On these lines, DS Smith offers N and F type micro flute papers with high moisture barrier properties to cater to requirements in the frozen food packaging segment.

FMI’s report includes profiles of some of the most prominent names in the market including DS Smith Plc, Smurfit Kappa Group Plc, Novolex Holdings, Inc, Acme Corrugated Box Co. Inc, Cascades Sonoco, Inc, Stora Enso Oyj, WestRock Company, Mayr-Melnhof Packaging, KRPA Holding CZ, a.s., and Braepac Packaging, among others.

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,

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T: +1-845-579-5705

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