Market Research Blog – Page 11660 – New Product Development

Mixers & Attachments Market Future Trends, Industry Size and Forecast to 2030

The global mixers and attachments market continues to evolve. With a significant percentage of population already owning a mixer, manufacturers are focusing on luring consumers to go for an upgrade.The ‘smart’ technology – which has permeated many consumer appliance categories – is palpable in this segment also. Traditional mixers are being replaced by smart mixers, albeit at a pace that can best be described as pedestrian.

Urban consumers from Tier 1 and tier 2 centers will remain the target audience for smart mixers and attachments. However, opportunities for traditional mixers exist, as there is still a significant section of populace in underdeveloped countries that is yet to buy its first mixer.

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Mixers & Attachments Market – Growth Restraints

The availability of hand mixers can impact the sales of a stand mixture, as it eases every day quick tasks in addition to baking.

The upper-end models featuring more attributes and attachments might be expensive for the middle-income group which can further impact the sales of mixers and grinders in the global market.

One key challenge for manufacturers is the longevity – unlike other kitchen appliances, mixers aren’t bought too frequently. Consumers are wary of spending on a new version until it offers substantially better features.

Mixers & Attachments Market – Key Trends

The mixer and attachments market has evolved over the recent past. Nowadays, the mixers are not required to rely on upper body strength or monitoring.

Another imperative factor in boosting the demand for mixers & attachments is the alteration of product design such as presentation of built-in metal constructed components or parts, improved in-house kneading gear systems, and additional bowl capacities.

For instance, Cuisinart’s SM-55 5 1/2-Quart 12-Speed Stand Mixer is one of the best heavy-duty stand mixers as well as offers several different attachments that are accessible.

Creative and intensive marketing strategies by manufacturers such as offering lucrative discounts and recognition through social media will be escalating the adoption of mixers & attachments.

The e-commerce industry has been offering various services to consumers such as easy product discounts, payment options, free product delivery, and product comparison.

COVID-19 Impact on Mixers & Attachments Market

COVID-19 pandemic has prompted individuals to say indoors with the nationwide lockdown. Several individuals have resorted to cooking and baking, which has boosted demand for mixers and attachments market. This radical change in supply, demand, and costs has thrown together previously estimated market pricing methods in the mixer & attachments market.

Several companies are adjusting to their customer’s altering and immediate needs as they consider long term significances. Players are assessing segment-wise customer preferences and changes in purchasing patterns and are tailoring new offers for present and new customers.

For example, several mixture & attachment sellers are now offering a discount, ergonomic consultation, free shipping, and no-contact delivery.

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Mixers & Attachments Market – Region-wise Analysis

Rapid development and emergence of the food processing sector and limited preference for hand-held mixers among consumers is a major trend observed in developed markets of Europe and North America.

Outside of North America and Europe, demand for mixers and attachments is growing at a rapid pace in Asia Pacific. Although the COVID-19 impact is being felt, the long-term prospects of mixers and attachments market remain positive.

Mixers & Attachments Market – Competitive Analysis

Major companies identified in the global mixers and attachments market are Kitchenaid, Cuisinart, Kenmore Elite, Hamilton Beach, and Panasonic Corporation.

Companies are focusing on product innovations and developments to increase their market presence in the industry.

For instance, KitchenAid has launched Artisan Design Series 5 Qt mixer which comes with great basics attachments plus the consumer can add accessories such as a pasta maker, juicer, or spiralizer.

Hamilton Beach presented an affordable model 7-speed Stand Mixer that comes with a top handle to make lifting the head simpler. It suctions to the countertop to stay in place while mixing. Moreover, all attachments with the mixture are dishwasher safe.

Kenmore Elite Ovation Stand Mixer offers an innovative design with an exceptional a pour-in top and 360-degree splash guard. This helps to keep walls and countertops spotless.

Global Mixers & Attachments Market: Key Players (this is an indicative list – full list of key players available upon request)

KitchenAid
Hobart Corporation
SMEG
Electrolux AB
Koninklijke Philips N.V.
Panasonic Corporation

Regions and Countries Analyzed in the Report

North America (U.S., Canada)
Latin America (Mexico, Brazil, Rest of LATAM)
Europe (Germany, U.K., France, Italy, Spain, Poland, Russia, Rest of Europe)
East Asia (China, Japan, South Korea)
South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
Oceania (Australia, New Zealand)
Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)

Mixers & Attachments Market – Market SegmentationBy Product Type

Tilt-head type
Bowl – lift type

By Application

Commercial
Household

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Plates Market Size, Share, Trends, Segments and Forecast 2030

The plates market has been seeing tremendous expansion through the past few years, owing to the transformation in consumer preferences and the easy availability of the product. With the increased presence of social media, plates have increasingly become imperative to enhance the presentation of food.Manufacturers offer a range of plates which are available in various sizes and shapes.

Moreover, consumers are willing to spend on plates that match with their current styles and will remain trendy over the next few years. Such factors are boosting the sales of the plates market. By 2030, the plates market is slated to grow at a remarkable CAGR.

Plates Market – Key Trends

Market players are witnessing a strong trend for geometric shapes and minimalism through neutrals, earthy blues, matte finishes, hues, and mauves of grey colors. Players are focusing on creating aesthetic and layering options which help to add dimension to the table setting, combining different textures and materials to help make the plates a more rich feel.

Manufacturers are tapping into white spaces that arise from the growing increasing sustainable and green trends. Manufacturers are incorporating biodegradable materials such as paper pulp, bamboo, sugarcane bagasse, and other disposable material during the production process.

The online industry has been providing various services to consumers such as easy payment options, product discounts, product comparison, and free product delivery. Manufacturers are capitalizing on these sales drivers that are well-positioned for lucrative returns. Additionally, manufacturers in the plates market are increasingly focusing on presenting several innovative products and are promoting their offerings through several social media platforms.

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Plates Market – Growth Restraints

High-cost product range and the availability of counterfeit products in the developing, as well as developed regions, are setting forth huge challenges for players in the plates market. Additionally, as the e-commerce platform is becoming a prominent medium for distribution in the plates market, less internet accessibility in the underdeveloped and developing regions will moreover hinder the market growth.

Participants are, thus, making distinctive strategies to deal with these challenges and better serve customers.

COVID-19 Impact on Plates Market

With the shutdown of the majority of retail stores trailing the nationwide lockdowns due to the COVID-19 pandemic, the e-commerce channels are coming out as an ideal solution for providing another leg of market growth.

Manufacturers who are yet to enter the online ecosystem are confronting the domineering to switch to e-commerce distribution channels to ascertain their survival. They are turning to ready-return packaging format to receive the products back faster, with no damage. Such factors are expected to bring the plates market back on track in the approaching months.

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Plates Market – Region-wise Analysis

Europe plates market will be expanding at a remarkable growth in the approaching years due to the high usage of several plate types in addition to the increased buying power of consumer groups.

Germany will be accounting for maximum shares during the forecast period. Asian nations will be the fastest growing regional market as a result of altering lifestyle and growing restaurants and other options of dining out are boosting the regional market growth.

Plates Market – Competitive Analysis

Major market players identified in the plates market are Tesco.com, Inter IKEA Group, Meyer Corporation Group, Bernardaud, Raynaud Limoges, Puiforcat, and Waterford Wedgewood. The market reflects moderate to high entry barriers owing to the existence of prominent market players and a prerequisite of higher setup costs.The plates market is further fueled by innovation in designs, joint ventures, and mergers and acquisitions.

For instance,Fiesta Dinnerware has reinvented as the freshly made Fiesta Tableware Company. The rebranding follows the latest took over of the earlier Homer Laughlin China Company food service operations through Steelite International, a British company to increase product portfolio and boost its market presence.

Fiskars Group prepared a service called Vintage to buy and re-sell old and formerly owned tableware in the recent past. It was opening in three stores situated at Helsinki, Jyväskylä, and Arabianranta. Fiskars Group declared the growth of the Vintage Service in Finland. Churchill China took over Furlong Mills in order to expand its offering for customers.

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Global Plates Market: Key Players (this is an indicative list – full list of key players available upon request)

Tesco.com
Inter IKEA Group
Meyer Corporation Group
Saint-Louis
Cuisinart
Mikasa
Bernardaud
Raynaud Limoges
Puiforcat
Waterford Wedgewood

Regions and Countries Analyzed in the Report

North America (U.S., Canada)
Latin America (Mexico, Brazil, Rest of LATAM)
Europe (Germany, U.K., France, Italy, Spain, Poland, Russia, Rest of Europe)
East Asia (China, Japan, South Korea)
South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
Oceania (Australia, New Zealand)
Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)

Plates Market – Market Segmentation

By Product Type

Ceramic
Glass
Melamine
Stoneware
Earthenware
Bamboo
Paper
Disposable plastics

By Distribution Channel

Online
Offline

Airport Retailing Market Segmentation By Revenue With Forecast 2031

As per the analysis conducted by Future Market Insights, Airport Retailing market is expected to witness a steady growth of approximately ~8% during the forecast period 2021-2031. The retailing world in the airport space has significantly ballooned in the past few years with increasing physical space for non-aviation activities, as the core aviation activities like check-in, bag-drops are conducted remotely. This is further expected to facilitate future growth during the period of forecast.

What is Driving Demand for Airport Retailing?

The players operating in the industry are undertaking constant efforts to find out the compelling factors that is encouraging consumer to engage in shopping during travel. Convenience and boredom while waiting for the flight are few of the prominent factors that has driven airport retail purchases among consumers.

Besides this, tax-free is another prominent factor encouraging airport retail sales.Apart from the identifying the factors the players operating in the industry are also analyzing the consumer spending habits on airport.

Travelers that are required to spend some time on airport before their journey located in the same vicinity are the prominent target consumers for players operating in the industry. Thus the efforts on the part of players to gain their attention is further expected to drive sales in the coming years.

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Improving Services through Technology & Personalization Facilitating Retail Sales

Apart from the players in the industry airports are also engaged in increasing and enhancing traveler’s experience through personalization and technology. For instance, many of the airports are engaged in leveraging a traveler’s experience through augmented reality and virtual reality that guides a traveler or a prospective consumer towards the retail stores they desire at the airport.

Thus, the efforts on the part of airport hubs to ensure that the travelers make the best possible use of their waiting time is further expected to drive retail sales during the forecast period.

US and Canada Airport Retailing Market Outlook

The United States is one of the prominent hub. The airport retail sales in US is also projected to reflect a stable growth during the forecast period 2021-2031. Demand is expected to remain muted currently as the pandemic outbreak has extensively impacted the travel sector across the world.

Since past few years airport shopping corridors in the United States and Canada have now become significant tourist hubs. The growing frequency of travel and tourists in this region had led to an increase in the airport retail sales. However, with the pandemic outbreak causing a drastic decrease in the footfall of tourism has currently led to a slowdown in demand.

However, factors like growing attraction of brand towards airport retail arena, government initiatives to scale up revenues from airport are further expected to bring a slow recovery in the airport retail sales during the period of forecast.

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Europe Demand Outlook for Airport Retailing

In the past few years the consumer’s spending habits have changed dramatically. Unlike before where consumers used to make spontaneous buying decisions, the consumers now conduct an active research regarding product availability and compare prices online and then make a purchase decision at the airport.

In light of this changing consumer habit, luxury travel purchases has gained popularity in Europe.In light of this growing luxury trend at airport retail, many luxury brands are considering airport as an antidote to fading malls.

Such changing perception on the part of luxury brands is further expected to drive penetration of brick and mortar stores in the airport hubs across Europe. Many well-established brands have claimed that the revenue generation through airports is rapidly increasing than the traditional department stores.

This is primarily observed in the case of beauty and fashion goods. However, the covid-19 pandemic outbreak has also significantly brought a downswing in Europe airport retail sales.

Who are the Key Manufacturers and Suppliers of Airport Retailing?

Some of the leading players in the industry include

Dubai Duty Free
Airport Retail Group, LLC.
Dufry AG
King Power International
DFS Group Ltd
China Duty Free Group Co. Ltd.
Shilla Duty Free
Heinemann SE & Co. KG
Flemingo International
Japan Airport Terminal Co. Ltd.
Others

Consumer’s specular shift towards online buying has led to the introduction of third part duty-free platforms. For instance, the launch of Fliggy Buy in 2019 is one such example. Such developments in the industry is further expected to reshape industry trends and consumer experience in the coming years. Considering the efforts on the part of government authorities and players the industry is expected to reflect stable growth opportunities.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Key Segments of Airport Retailing Market

By Category:

Fashion & Accessories
Perfumes & Cosmetics
Liquor & Tobacco
Food & Beverages
Others

By Type:

Direct Retailer
Department Stores
Supermarkets
Specialty Retailers

By Airport Size:

Small
Medium
Large

By Region:

North America
- US & Canada
Latin America
- Brazil, Mexico, Others
Western Europe
- EU5
- Nordics
- Benelux
Eastern Europe
Asia Pacific
- Australia and New Zealand (ANZ)
- Greater China
- India
- ASEAN
- Rest of Asia Pacific
Japan
Middle East and Africa
- GCC Countries
- Other Middle East
- North Africa
- South Africa
- Other Africa

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Closet Organizers Market Share, Growth, Size, Trends and Forecast to 2030

As fashion trends undergo rapid transformations, consumer investment in various kinds of apparel has registered a major northward shift. Millennials are especially highly conscious about the type of outfit they purchase in order to fit into the prevailing paradigms.

Thus, they end up purchasing an immense quantity of clothes and other accessories. Naturally, accumulation of such vast number of accessories requires a large storage space.

In this light, the sales of bedroom closets have registered a significant upsurge in recent years. Along with these closets, supplementary accessories in the form of closet organizers have also up-scaled.

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These generally come in the form of shelves, bins, valet rods or hanging bags.

The global closet organizers market is slated to observe a positive sloping curve across the upcoming decade, with a significant chunk of the demand being generated from emerging markets across East Asia, Southeast Asia and South Asia.

This is primarily due to surging disposable incomes, rendering consumers able to spend on expensive clothes and accessories.

Global Closet Organizers Market- Competitive Insights

The global closet organizers market is characterized by a significant number of players, rendering the market quite competitive.

Some of these players are IKEA, The Home Depot, Closet Factory, California Closets, The Wardrobe Company, Molteni & C, California Wardrobes, Holike Corporation, Simply Wardrobes, Sauder Woodworking Company, Sherwood Shelving, Ashley HomeStore, Kartell, Williams-Sonoma, Raymour & Flanigan, StorageMotion, Metalprogetti and Ethan Allen among others.

IKEA is the dominant vendor in the global closet organizers’ market. Its primary strategy is to continuously launch new products and expand its geographical presence in key regions. Its portfolio includes the GODISHUS Wardrobe, the SYVDE Cabinet with glass doors, the RAKKESTAD Wardrobe and PAX Wardrobe Frame among other products. The company recently ventured into the South Asian market by inaugurating the continent’s largest facility in Hyderabad, India in 2018.

This strategy has allowed it to acquire more customers.The Home Depot is yet another important market player, although its operations are largely confined to the United States. However, it has a very robust regional presence, with at least one store or facility in each state.

Its product portfolio includes the ClosetMaid 84 in by 120 in white wood closet system, the Closet Evolution Ultimate 60 in by 96 in white wood closet system and the ClosetMaid ShelfTrack 5 ft- 8 ft (13.4 in x 96 in x 49.3 in) white wire steel closet system organizer kit.

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Automation Makes Significant Inroads into the Closet Organizers Market

Industry 4.0 has penetrated each and every industry, including the clothing and apparel sector. The demand for efficient production and reduction in labor and input costs as well as the drive to increase output is making automation the center stage of innovation.

Significant technological developments have been introduced with regard to closet organizers.An example of such an advancement is StorageMotion’s Automated WardrobeLift which is an electric powered closet rod which permits for higher volume of clothes storage, generally up to 75 pounds.

The contraption moves hanging clothes down and does not interfere with other stored items.

Likewise, Metalprogetti, an Italian design and manufacturing company, introduced its automated motorized closets in 2015 which is made of a loop-shaped hanging rail designed to hold garments beyond the ordinary wardrobe’s capacity.

The devices is equipped with a highly advanced GUI enabling it to remember exactly where items are stored, allowing it to sort garments according to type, color and photo.

Also, Luxe Wardrobe has launched an automated conveyor system which allows users to view and access clothes merely by the push of a button. The system is ideal in terms of ensuring space saving as well as storage of items in bulk.

The system provides for single or double tier clothes hanging facilities and can be easily controlled via a smart device.Such technological advancements are immensely underpinning the popularity of closet organizers, enabling market players to generate tremendously rich revenue ecosystems in the long-run.

Shelving Units to Spearhead Market Growth across the Forecast Period

Shelving units are expected to garner maximum traction in the closet organizers market. A shelf is capable of transforming unusable spaces into high utilitarian storage spaces. Adding shelving units into closets helps optimize space by providing extra support for all hanging and folded clothes.

For instance, installing shelves can convert a walk-in closet into a dressing room, thus providing multi-functionality.

Since closet designing is a skill, it becomes very important to select the right kind of shelves and place them strategically so as to optimize space to the maximum. This also involves selecting the appropriate building material.

For instance, metal shelves are highly popular as they are highly durable and can withstand greater amounts of weight. Nowadays, closets with fully bored panels are acquiring major traction as they are easier to make changes on.

Metal Closet Organizers Remain Dominant, Plywood Acquiring Major Traction

Metal closet organizers such as metal rods and shelves are emerging as the vanguard due to several inherent advantages. Metals are known for their sturdiness, toughness and durability. Metal items do not deteriorate for a long period of time, thus enabling consumers to save immense costs as they do not need to invest in new products.

Moreover, discarded metal items are easily recyclable, thus proving highly beneficial to the environment.Simultaneously, plywood based closet organizers are also surging in popularity. Simply speaking, plywood is an assemblage of wood veneers bonded together to produce a flat sheet. Plywood materials offer high levels of stability and impact resistance. The cross laminated structure of plywood ensures that they remain highly stable under conditions of extreme temperatures or moisture. For instance, plywood closet organizers do not corrode when cleaned with a wet cloth.

Walk-in Closets to Remain on High Ground due to Ease of Access and Space Economization

Many people across the world highly prefer to invest in walk-in closets over reach-in ones. When it comes to storage solutions, walk-in closets are the kingpin. As the name suggests, walk-in closets are essentially small rooms one can walk into.

Walk-in closets greatly enhance the aesthetic value of one’s house and also help save significant storage space. Walk-in closets provide ample storage space, with facilities for storing items such as clothes, shoes, jewellery or make-up in a single storage setup. It also helps reduce the clutter from one’s bedroom or master bedroom. Based on these advantages, investments in walk-in closet organizers is bound to register a major upswing in the coming years.

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Europe, North America to Pivot Regional Market Growth, Asia-Pacific to Offer the Green Signal for Future Investments

According to projections, the European and North American markets will remain the growth pioneers, with the U.S., Germany, France and Italy being the primary revenue stimulators. Growth in these regions is because of the fact that people enjoy high affluence.

As a result, they purchase fancy houses within which they spend a major part of their income on designer closets. This is prompting manufacturers to increase their foray in these regions.

The Asia-Pacific market becomes more lucrative with each passing year. A mushroom housing and construction industry in the wake of a rapidly increasing population base is garnering demand for efficient storage solutions.

Moreover, the influence of globalization has led to an increase in the expenditure on several clothing accessories for which storage space is required. Also, the availability of inexpensive labor and raw materials is prompting manufacturers to establish their factories in this region.

COVID-19’s Impact on the Closet Organizers Market

The closet organizers market has taken a significant dip in the face of the coronavirus pandemic. With the imposition of strict lockdowns to curb the virus’s spread, manufacturers are experiencing a severe crunch in terms of raw-material sourcing and logistical disruptions.

This has dented supply chains and disturbed the distribution networks across prominent geographies, causing shortfalls in production. Moreover, retail shops have shut, causing a cessation in store visits to purchase closet organisers.

Consumers are also reallocating their budgets towards the purchase of more essential items ranging from hand sanitizers and soap bars to foodstuffs and essential beverages.

The purchase of luxury and non-essential items have been postponed to a future date. However, many consumers have been turning to online retail stores to make closet organizers purchases. This is expected to keep the market afloat during the pandemic crisis.

Therefore, a V-shaped curve is expected during the first two years of the forecast.A recovery will be anticipated only with the discovery of a drug or vaccine. Until then, market players will have to face a formidable challenge navigating the current impasse in growth.

Closet Organizers Market- Company Profile

IKEA
The Home Depot
Closet Factory
California Closets
The Wardrobe Company
Molteni & C
California Wardrobes
Holike Corporation
Simply Wardrobes
Sauder Woodworking Company
Sherwood Shelving
Ashley HomeStore
Kartell
Williams-Sonoma
Raymour & Flanigan
Ethan Allen

Regions and Countries Analyzed in the Report

North America (U.S., Canada)
Latin America (Mexico, Brazil, Rest of LATAM)
Europe (Germany, U.K., France, Italy, Spain, Poland, Russia, Rest of Europe)
East Asia (China, Japan, South Korea)
South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
Oceania (Australia, New Zealand)
Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)

Report Highlights

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments.
The report also maps the qualitative impact of various market factors on market segments and geographies.

Closet Organizers Market- Segmental Analysis

By Product Type

Hanging Bags
Valet Rods
Shelving Units
Shoe Boxes
Plastic Bins
Others

By Material

Wood
Metal
Medium Density Fiberboard (MDF)
Plywood

By Closet Type

Walk-in Closet
Reach-in Closet

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Smart Warehouse Technologies Market Competitive Landscape, Key Trends and Forecast 2031

The analysts at Future Market Insights (FMI) followed a multidisciplinary approach during the pandemic to study the growth and development of the Smart Warehouse Technologies Market. The report features insights on the current growth dynamics and the major revenue reforms prevailing in the market as of 2020 along with the key takeaways over the forecast period 2021 to 2031.

Rising e-commercial sales is enhancing revenue reports for companies across the world. However, with growth in business, retailers invest in scaling and expansion, which successively incurs challenges per warehousing and inventory management as monitoring and managing huge volumes of inventory becomes a tricky and tedious task.

Therefore, warehousing and inventory management professionals address smart warehouse technologies so as to cater to the wants of on-demand customers. Well-established multi-national e-commerce and logistics companies, like Amazon.com, Alibaba and DHL, employ smart warehouse technologies to require warehouse and inventory monitoring and management to the subsequent level.

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Smart Warehouse Technologies Market: Competition Landscape

Some of the key players in the global smart warehouse technologies market are

Eurotech S.P.A.
IBM
Software AG
Tecsys, Inc.
Zebra Technologies
Argos Software
GT Nexus
Omnitracs LLC
SecureRF Corporation
UltraShip TMS

Smart Warehouse Technologies Market: Segmentation

The smart warehouse technologies market can been segmented on the basis of solution and vertical

solution:

Hardware
Software
Services

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vertical:

Transportation and Logistics
Retail and e-commerce
Manufacturing and Assembly
Agriculture
Others

Reasons to Buy the report

The report includes authentic analysis of the market and the present developing trends in the market affecting the growth. FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts. This ensures that the data collected is from highly reliable sources.

We provide accurate insights on various market trends to enable businesses to make informed and beneficial decisions to attain competitive edge over key players.
Our analysts provide detailed market segmentation along with useful insights and extensive reports that other companies fail to include. The report comprises the market trends, key players and shift in the demand throughout the forecasted period.

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Smart Water Meters Market Key Players, Industry Overview, Supply Chain, Analysis to 2027

The internet of things (IoT) technologies by utility vertical and the advantages offered by smart water meters in water management, the smart water meters market is expected to grow at a high growth rate.

Like many other verticals, utility vertical is undergoing a process of transformation through the use of IoT-enabled real-time data generation in order to increase operational efficiencies aiding in reduced expenditures and energy consumptions.

For water utility authorities, non-revenue water (NWR) i.e. water lost before reaching to customers through leakages and illegal water tapping is a major cause of concern and smart water meters can aid in detecting and preventing water leakages and water tapping.

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Smart Water Meters: Drivers and Challenges

Aging water utility infrastructure in matured economies including U.S., U.K., Germany, France etc. and increasing emphasis on water and energy conservations and carbon footprint reduction are some of the factors driving the demand of smart water meters market.

Besides this, increasing adoption of IoT solutions in utility vertical and increasing number of smart city projects are expected to support the increase in demand for smart water meters market.

However, high initial investment cost in terms of installation and software licensing are some of the challenges that will affect the demand of smart water meters market.

Global Smart Water Meters: Regional Trend

Among various regions, smart water meters market in North America is expected to dominate during the forecast period because of region’s strong focus on water monitoring and water leakage prevention, repair and up gradation of aging water infrastructure and the presence of major vendors providing smart water meters solutions.

North America region is expected to be followed by Western Europe and APEJ.

APEJ is expected to drive the demand for smart water meters market, supported by increasing expenditure on region’s water utility infrastructure to support a large population and increasing adoption of IoT technology in the region.

Global Smart Water Meters: Competitive Landscape

Some of the prominent players in the field of smart water meters market include Itron Corp (U.S.), Elster Group (U.S.), Aclara Technologies LLC (U.S.), Landis+Gyr AG (Switzerland), Maven Systems Pvt. Ltd. (India) etc.

Regional analysis for Global Smart Water Meters includes

North America Systems Administration Management Tools Market
- US
- Canada
Latin America Systems Administration Management Tools Market
- Argentina
- Mexico
- Brazil
- Rest of Latin America
Western Europe Systems Administration Management Tools Market
- Germany
- France
- U.K.
- Spain
Eastern Europe Systems Administration Management Tools Market
- Poland
- Russia
Asia Pacific Systems Administration Management Tools Market
- Australia and New Zealand (A&NZ)
- China
- India
- ASEAN
- Rest of Asia Pacific
Japan Systems Administration Management Tools Market
The Middle East and Africa Systems Administration Management Tools Market
- GCC Countries
- North Africa
- South Africa
- Rest of MEA

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Global Smart Water Meters: Market Segmentation

Global Smart Water Meters Market can be divided into four segments, based on component, application, technology and region.

Segmentation on the basis of Component for Smart Water Meters Market:

Hardware
Software & platforms
Services

Segmentation on the basis of Application for Smart Water Meters Market:

Commercial
Industrial
Residential
Government

Segmentation on the basis of Technology for Smart Water Meters Market:

Advanced Metering Infrastructure (AMI)
Automatic Meter Reading (AMR)

Segmentation on the basis of Region for Smart Water Meters Market:

Asia-Pacific excluding Japan
The Middle East and Africa
Western Europe
North America
Eastern Europe
Latin America
Japan

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No SQL Database Market Trends, Research Methodology, Massive Growth & Industry Survey 2027

No SQL database is also known as non relational, non SQL, not only SQL database. No SQL database is used to implement big data and real time web applications.

No SQL database provides users facility of storage and retrieval of data from the database used mainly for storage, access, and retrieval of unstructured data.

This database system is used for many purposes in businesses of all sizes.

Enterprises prefer no SQL databases due to an availability of elastic scaling option for them which helps to manage larger database dynamically according to company requirements and data availability.

The other benefits of using No SQL database include simpler designs, scalability, and higher availability with precision control. No SQL database provides facilities for ad hoc query and analysis.

Enterprises are preferring No SQL database over traditional RDBMS because No SQL databases often trade on ACID (atomic, consistent, isolated, and durable) transactions for improved performance.

The cost for handling exponentially rising data traffic and transaction volume is reduced because cheap commodity servers are used for implementing No SQL database.

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Global No SQL Database Market: Drivers and Restraints

The major factor in driving the market for No SQL database is enablement for managing big data easily because of this feature the rate for adaptation of No SQL database is rising substantially.

The demand for No SQL database is expected to grow significantly in forecasted period because of the growing e-commerce industries, businesses also the sectors such as retail, gaming, IT and others.

Enterprises are focusing on social media for improvising their customer relationships this factor is also expected to fuel the market of No SQL database.

Owing to rapid industrialization and rise in day by day data traffic is going to drive the market for No SQL database globally.

Moreover, the lack of awareness regarding benefits of No SQL database over relational database approaches is going to restraine growth of No SQL database market.

Based on the basis of geography

The Middle East and Africa (GCC, South Africa, North Africa
North America (U.S., Canada)
Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
Asia-Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Latin America (Mexico, Brazil)
Eastern Europe (Poland, Russia)

Global No SQL Database Market: Region wise outlook

The global No SQL Database market is divided into seven regions, namely Japan and the Middle East and Africa (MEA), North America, Western Europe, Eastern Europe, Latin America, Asia Pacific excluding Japan (APEJ).

Among these regions, North America is going to account for a large share of the market and lead the global market owing to the increasing usage of IT and the growing internet access across North America followed by Latin America. APEJ, Japan, MEA is expected to grow with highest CAGR due to rising in demand of data management solution in all verticals.

Global No SQL Database Market: Industry Key Players

No SQL database providing leading market players of the industry are:

Oracle
DynamoDB
MapR Technologies, Inc.
ObjectLabs Corporation
The Apache Software Foundation
Skyll

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Regional analysis for No SQL Database Market regions

North America
- US & Canada
Latin America
- Brazil, Mexico, Others
Europe
- Western Europe
- Eastern Europe
Asia Pacific
- Australia and New Zealand (ANZ)
- Greater China
- India
- ASEAN
- Rest of Asia Pacific
Japan
Middle East and Africa
- GCC Countries
- Other Middle East
- North Africa
- South Africa
- Other Africa

Global No SQL Database Market: Segmentation

By types of No SQL database

Object database
Tabular
Tuple store
Hosted
Document store
Key-value store
Graph
Multi-model database
Multivalue database

By Application

Data storage
e-Commerce
Web applications
Social networking
Mobile applications
Data analytics

By data model

Column
Document
Key value
Graph
Multi-model

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Night Vision Device Market Development Status, Competition Analysis, Type & Application by 2027

Night vision market is growing due to its technological advancement in defense and commercial market. Night vision devices are mostly used in defense for vision assistance at night and areas with low light intensity.

Night vision devices are also deployed in marine container, aerial vehicles, and defense ground equipment for navigation and monitoring purposes in low light.

For civilian purpose night vision device is used for security camera around the house, camping, search and rescue, etc. In addition to that, night vision devices are also used in wildlife sanctuaries to observe the various activities of animals in night time.

Night vision device provides multi- spectral imaging, optical directing, eye tracking, and many other things. The increasing adoption of night vision devices across diversified industry vertical create new market opportunity for night vision devices manufacturers.

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Night Vision Device Market: Drivers and Challenges

The major driver for Night Vision Device Market are innovation in technology, increase in armed conflicts, and commercial applications of night vision devices.

In addition to that, increase in adoption of night vision device due to its cost effectiveness is the main factor which is driving the steady growth of the night vision device market.

In contrast to this, due to high cost of night vision devices as compared to thermal image cost is restraining the market growth

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Night Vision Device Market: key players

Some of the key players for Night Vision Device Market are Armasight, ATN, BAE Systems, Elbit FLIR Systems, Harris, L-3 Communications, Meopta, Newcon Optik, Optix, Sofradir EC, and Thales.

Market: Regional Overview

Night Vision Device Market is currently dominated by North America due to presence of large number of vendors.Asia Pacific Night Vision Device Market is expected to have the highest growth rate due to increase in use of night vision device for defense sector.

Night Vision Device Market: Regional Overview

Night Vision Device Market is currently dominated by North America due to the technological advancements in this region.Asia Pacific Night Vision Device Market is expected to have the highest growth rate during the forecast period.

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Night Vision Device Market Segments

Night Vision Device Market Dynamics
Historical Actual Market Size, 2013 – 2015
Night Vision Device Market Size & Forecast 2017 to 2027
Value Chain
Night Vision Device Market Current Trends/Issues/Challenges
Competition & Companies involved
Night Vision Device Market Drivers and Restraints

Regional analysis for Night Vision Device Market includes development of these systems in the following regions

North America
- US
- Canada
Latin America
- Argentina
- Mexico
- Brazil
- Rest of Latin America
Western Europe
- Germany
- France
- U.K.
- Spain
- Italy
- Nordic
- Benelux
- Rest of Western Europe
Eastern Europe
- Poland
- Russia
Asia Pacific
- Australia and New Zealand (A&NZ)
- China
- India
- ASEAN
- Rest of Asia Pacific
Japan
The Middle East and Africa
- GCC Countries
- North Africa
- South Africa
- Rest of MEA

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments.

The report also maps the qualitative impact of various market factors on market segments and geographies.

Night Vision Device Market: Segmentation

Segmentation on the basis of device:

Night vision goggle
Night vision camera
Night vision scope

Segmentation on the basis of technology:

Image intensifier
Thermal imaging
Infrared illumination

Segmentation on the basis of industry:

Defense and Government
Transportation and Logistics
IT and Telecommunications
Manufacturing
Healthcare
Energy and Utilities
Others

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Security Testing Market is Projected to Grow at a CAGR of Around 11.8% During 2022 – 2032

Security testing involves assessment of a system to detect presence of vulnerability and security weaknesses. Specialized testing tools are used to assess any network/ infrastructure, web application, mobile application etc. According to a Future Market Insights analysis report, the Security Testing Market had global sales of US$ 7.9 billion in 2021.

The market is anticipated to expand by 11.5 percent between 2022 and 2032. The greatest revenue-generating segment is anticipated to be the component for application security testing, with growth between 2022 and 2032 forecast to increase at a CAGR of about 11.8 percent. Network or infrastructure security testing involves assessment of servers, network devices, network services such as Domain Name Service (DNS) etc.

The web application security testing involves assessment of applications that can be accessed by users from web browsers. Mobile application security testing involves assessment of applications that can be accessed by users from mobile devices such as tablets and smart phones.

Apart from these, security testing is applicable for less known commercial or custom software applications. The security testing is classified into seven basic types which includes vulnerability scanning, penetration testing, security auditing, security scanning, posture assessment, ethical hacking and risk assessment.

Vulnerability scanning is used to scan systems for known vulnerability. Penetration testing involves system analysis to check vulnerability of hacking attempt.

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Security Testing Market: Drivers and Restraints

The rising demand for protection of software bound valuable properties such as mobile and web applications is the major driver for the growth of global security testing market.

The emerging trends of Internet of Things (IoT) and Bring Your Own Device (BYOD) has led to rise in application development, which is anticipated to drive the consumption of security testing tools and services.

The government regulations and norms in software development is expected to boost the growth of security testing market.

The increasing adoption of application security testing by organisations to detect Advanced Persistent Threat (APT) and vulnerabilities is expected to drive the growth of security testing market.

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Security Testing Market: Region Wise Outlook

The global security testing market can be divided into seven regions, namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and Middle East and Africa (MEA).

North America holds significant share in security testing market, owing to the technological advancements in IT industry. Western Europe also accounts for significant share in global security testing market.

This attributed to rise in adoption of Bring Your Own Device (BYOD) in different organisations in the region. APEJ is anticipated to register high CAGR during the forecast period.

The rising investment in the enhancing the security features across various industry verticals is expected to drive the growth of security testing market in the region.

Japan holds major share in the development and production of mobile devices, which is a significant factor for the growth of security testing market in the country.

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Security Testing Market: Key Players

Some of the key players in the global security testing market are as follows:

Cisco Systems, Inc.
Applause App Quality, Inc.
IBM Corporation
WhiteHat Security
Checkmarx LTD
Qualys, Inc.
VERACODE
Hewlett Packard Enterprise Development LP
Intertek Group plc.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.

It also contains projections using a suitable set of assumptions and methodologies.

The research report provides analysis and information according to market segments such as geography, technology and applications.

Regional analysis includes

North America (U.S., Canada)
Latin America (Mexico, Brazil, Rest of Latin America)
Western Europe (EU5 countries, Nordic, BENELUX, Rest of Western Europe)
Eastern Europe (Poland, Russia, Rest of Eastern Europe)
APEJ (China, India, ASEAN, Australia & New Zealand)
Japan
MEA (GCC Countries, S. Africa, N. Africa, Rest of MEA)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments.

The report also maps the qualitative impact of various market factors on market segments and geographies.

Security Testing Market: Segmentation

On the basis of product type,the global security testing market can be segmented as follows:-

Vulnerability Scanning
Penetration Testing
Security Auditing
Security Scanning
Posture Assessment
Ethical Hacking
Risk Assessment

On the basis of deployment type,the global security testing market can be segmented as follows:-

Cloud based
On-premise

On the basis of end-use industry,the global security testing market can be segmented as follows:-

BFSI
Retail
Healthcare
IT & Telecom
Manufacturing
Media and Entertainment

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Gasoline Direct Injection Market Brief Forecast and Growth by Top Key Players to 2031

The demand for highly fuel-efficient automotive systems and increasingly stringent emission standards implemented by governments around the world drives the growth of the gasoline direct injection market. The market is estimated to grow at an exponential rate of over 14% through the forecast period 2021 – 2031.

Adoption of gasoline direct injection systems can be largely accounted for by commercial and passenger vehicles, with major manufacturers such as Ford, BMW, Daimler, and more incorporating relevant technologies in mid to high end gasoline vehicles. Major market players are focused on research towards technology improvements.

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Fuel injector systems are estimated to hold major market share owing to the demand for high levels of precision for efficient fuel combustion. Improved control over exhaust emissions and air-fuel mixtures, and real-time monitoring of fuel regulators in terms of delivery pressure will contribute to demand in the long term. This is especially true with the increased incorporation of electronic control units in the automotive sector.

Developments in the industry covering flexibility in multiple input and output channels for better signal transfer will aid in the proliferation of gasoline direct injection systems. Particulate emission reduction research will also gain ground in the near future.

Despite high demand in the industry, market players face a number of challenges that could impact sales and revenue in the coming decade. For instance, gasoline direct injection systems are relatively cost-prohibitive owing to the use of high-pressure parts in the system. Furthermore, post combustion particulate emissions remain a challenge for manufacturers. Also, the growing popularity of electric vehicles in the automotive sector is an obstacle that is likely to hinder sales and revenue generation in the market in terms of long-term market prospects.

Key Takeaways in the Gasoline Direct Injection (GDI) Market Study

The global gasoline direct injection market will rise at around 14% CAGR between 2021 and 2031.
Rapid growth of automotive production rates in China and India, drives a relatively higher rate of growth in the industry of the Asia Pacific excluding Japan market.
Steady rise in volume of vehicle production and growing focus on maintenance and aftermarket services have been driving growth in the United States.
Following a moderate slump, sales are expected to recover in the Germany and France markets, driven by high fuel economy technologies.
Strict implementation of stage 6 emission standards in terms of new vehicle registrations drive adoption and sales of gasoline direct injection technologies in the United Kingdom.

“The global gasoline direct injection (GDI) system market is projected to witness a high growth rate during the forecast period owing to benefits such as improved engine performance, engine downsizing, high fuel efficiency, thermal efficiency, and major reductions in emission volumes, which will continue to gain traction with the imposition of increasingly stringent regulations,” says the FMI analyst.

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Key Segments

Stroke Type

2 Stroke
4 Stroke

Vehicle Type

Compact Vehicle
Mid-Sized Vehicle
Premium Vehicle
Luxury Vehicle
Commercial Vehicle
Heavy Commercial Vehicle

Sales Channel

OEM
Aftermarket

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Who is Winning?

The global gasoline direct injection market is moderately fragmented with a number of regional players contributing to the industry. Major players in the market are likely to invest extensively in new technologies and research & development efforts to consolidate their market position.

The gasoline direct injection market is expected to grow exponentially during 2021 to 2031. As a rapidly growing market, companies are likely to gain impetus from changes arising from strict emission standards and regulations being implemented around the world.

Some of the leading players include but are not limited to Delphi Automotive Plc, Continental AG, Renesas Electronics Corporation, Magneti Marelli S.p.A., Denso Corporation, Robert Bosch GmbH, Infineon Technologies AG, Eaton Corporation Plc., TI Group Automotive Systems, LLC, and STMicroelectronics NV.

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About Future Market Insights (FMI)

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

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