Smart Personal Safety and Security Device Market By Product, By Technology, By Application, By Region, And Segment Forecast 2021 – 2025

Smart Personal Safety and Security Device Market Overview

Smart personal safety and security devices are user-friendly and autonomous in nature. They can be connected to the internet wirelessly via a third party tool. Smart personal safety device ensures end-user’s safety by monitoring and measuring impact with the device. For example, smart helmet contains flexible inner layer that becomes hard and shock absorbent when it is subjected to impact. While, smart personal security device have the ability to send an emergency message to friends and family instantly on a single press, hence enhances end-user’s safety. These devices are gaining traction in various sports applications and being increasingly used by outdoor enthusiast, which is driving the growth of global smart personal safety and security device market.

Smart Personal Safety and Security Market Segmentation

On the basis of type, the global smart personal safety and security market can be segmented into smart personal safety device and smart personal security device. The smart personal safety device segment includes smart helmet, smart mouth guard, smart knee guard and other device. The global smart personal security device segment is further sub-segmented into bracelet, pendant, key rings and other device. The global smart personal safety and security market can be segmented based on technology which includes networking technology, positioning technology, sensor technology and speech recognition technology segments. On the basis of product the global smart personal safety and security market can be segmented into finger wear, head wear, neck wear and other segments.

Smart Personal Safety and Security Device Market: Region-wise Outlook

The globalsmart personal safety and security device market is expected to witness a healthy CAGR through 2025 due to growing awareness concerning personal safety and security among users. Regionally, the global personal safety and security device market can be segmented into North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan (APEJ), Japan and Middle East and Africa (MEA).  Globally, among all the regions, North America is projected to account for the highest market share followed by Western Europe over the projected period from 2015 to 2020. The U.S. is expected to be the dominant market for smart personal safety and security device in the North American region.

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Smart Personal Safety and Security Device Market: Drivers

Growing inclination toward sophisticated smart devices with advanced features and new product developments in wrist and neck wear segments is expected to fuel the growth of global smart personal safety and security device market over the forecast period. Furthermore, advancement in communication technologies and growing safety and security concerns among end-users is further supporting the growth of global personal safety and security device market across the globe. However, high initial selling price associated with these devices and lack of awareness across developing regions are expected to hinder the growth of global personal safety and security device market during the forecast period.

Smart Personal Safety and Security Market: Key Players

The key players operating in the global personal safety and security device market includes SKULLY, DAQRI LLC, Force Impact Technologies, McDavid Inc., and Other. Major players in the market follow the strategy of introducing innovative and cost effective solution to buy out competition.

The report covers exhaustive analysis on:

  • Global Personal Safety and Security Device Market Segments
  • Global Personal Safety and Security Device Market Dynamics
  • Historical Actual Market Size, 2012 – 2014
  • Global Personal Safety and Security Device Market Size & Forecast 2015 to 2025
  • Supply & Demand Value Chain
  • Global Personal Safety and Security Device Market Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain
  • Global Personal Safety and Security Device Market Drivers and Restraints

Regional analysis for Global Personal Safety and Security Device Market includes

  • 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

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.

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Smart Personal Safety And Security Device Market

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

FMCG Packaging Market Overview, Segmentation, Sales Channels, Type, Revenue, Demand and Future Opportunities

Elevating Demand from E-Commerce Industry to Significantly Drive Revenue Growth of FMCG Packaging Market

Growing demand from e-commerce industry has been regarded as a vital factor that is expected to support growth prospects of FMCG packaging market in the forthcoming years. E-commerce sector is one of the major contributors in increasing revenue growth of FMCG packaging market. This sector’s growth is attributed towards rising demand for protective packaging for delivering small-sized products coupled with the convenient packaging options.

Pharmaceuticals Industry Anticipated to Dominate FMCG Packaging Market

Pharmaceutical pre-fillable inhalers and pouches are likely to witness rapid growth in FMCG packaging market during the forecast period on account of growing number of allergic and asthmatic patients. New innovations and therapies constantly occurring in pharmaceutical industry will further create growth avenues for FMCG packaging market.

Asia-Pacific to Boast Growth Opportunities for FMCG Packaging Market

Favorable economic conditions and demographics in Asia-Pacific has been driving the region’s FMCG packaging market during the forecast period. Multinational companies are planning to eye on Asia-Pacific for business expansion and to attain a competitive edge in the global market. Key players and manufacturers in Asia-Pacific FMCG packaging market are taking immense efforts by customizing and launching their existing products to cater to new consumer demands.

Fast-moving consumer goods are the high volume, low priced items that are quickest to leave the supermarket shelves. They include durable and non-durable goods such as cosmetics, toiletries, detergents, batteries, plastic goods, paper products, etc. Packaging is vital to the FMCG market as it is an essential element for proper positioning of the product. Packaging allows effective communication between consumers and brand owners through graphics, colours, images, product information and logos. This serves as an important medium for communication and a tool for companies to distinguish product appearance from that of their rivals. In the fast-moving consumer goods (FMCG) sector, packaging plays a key role in affecting consumer choice and thus an important factor in point-of-purchase decisions. Nowadays, the marketing environment has become competitive and complex. This is due to inclusion of modern marketing tools such as packaging, branding and other aspects at a large scale as compared to basic marketing techniques.

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In order to enhance product visibility in the market, packaging has emerged as a unique tool to create a direct impact on consumer perception about the corresponding product. Factors such as increasing middle-class population in developing countries, changing consumer lifestyles and technological advancements to develop eco-friendly packaged products are expected to drive the demand for FMCG packaging in the near future. Furthermore, changing consumer lifestyles support the demand for varied consumer products which is expected to enhance the growth of this market. This has led to differentiated packaging which indirectly affects manufacturers. However, compliance of stringent environmental regulations related to packaging is a key factor restraining the market growth. Creation of new materials with the help of sustainable packaging to offer efficient designs is a key trend driving the FMCG packaging market.

The FMCG packaging market is segmented on the basis of packaging type and end-user industries. The various types of packaging materials based on the type of product include protective packaging, flexible packaging, paper-based packaging, rigid plastic packaging, custom packaging and others. These packaging materials face challenges due to sourcing based on parameters like health consciousness, mobility and consumerism in pharmaceutical and health products. Shift in global buying patterns of consumers coupled with a surge for value-added products has led to an increase in consumer willingness for premium products. Thus, to target the consumer spending for packaging, companies are focusing on developing attractive packaging products. FMCG packaging serves end-user industries, such as food, beverages, healthcare, cosmetics and others. Among all the end-user industries, the food & beverages sector serves as the largest market for packaging companies to invest in the long run. The demand for packaging in recent years is being recognized across the emerging markets with developed markets retaining their market share with a modest growth. However, demand from emerging markets is expected to record a double-digit growth in the next five to six years.

Packaging in the FMCG sector accounts for a large share in the material cost involved in developing a finished product. Thus companies at a global level are developing innovative packaging solutions to minimize the operational cost. The FMCG packaging market is highly fragmented when analysed from the supply side perspective with less number of companies having a substantial share in the total market. This leads to less entry barriers for new entrants in this market. However, skilled labour, equipment and machinery are identified as barriers for a sustainable growth in the near future. Nestlé S.A., Procter & Gamble Company and PepsiCo Inc. are among the leading FMCG companies across the globe. Other prominent players of the FMCG packaging market include Kimberly-Clark, Altria Group, Kraft Foods, Mondel?z International Inc., Philip Morris International Inc., Unilever Group, Amcor Limited and Tetra Pak International.

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This research report presents a comprehensive assessment of the FMCG market and contains thoughtful insights, facts, historical data, and statistically supported and industry validated market data and projections with suitable set of assumptions and methodology. It provides analysis and information by categories such as packaging type, end-user industries and geographies. Report covers exhaustive analysis on

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competitions and Companies Involved
  • Technology
  • Value Chain

Regional analysis includes

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

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. It provides an 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.

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Global Fmcg Packaging Market

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

Crew boats (Standby Crew Vessels) Market By Application, By End User and By Region, Industry Analysis, Revenue Opportunity, Competitive Analysis and Forecast 2021-2028

Crew boats or standby crew vessels are ships that are located at an offshore installation for any emergency vigilance. These vessels are also used in defence and marine industry for providing safety and rescue of the crew. The crew boats are arranged and equipped with many rescue equipment so that it is capable of retrieving people from the water/vessels/offshore rig and provide them proper first aid and also provide temporarily accommodation for everyone from drilling ship or offshore installation. There are different types of crew boats, depending on three parameters, length, speed and hull form (monohull and multiple hull). Depending on crew boats size and trade area, these boats are comply with different type of provisions. Standby crew vessels or crew boats must have a satisfactory ability to maneuver, position itself and navigation to carry out the intended tasks. Moreover, a crew boat or standby crew vessel has either single propeller or multi-propeller propulsion system depending on the type of crew boat and task.Gain complete access to the report @ https://www.futuremarketinsights.com/reports/crew-boats-market

Crew boats Market: Dynamics

The primary factor responsible for driving the crew boats market is growth witnessed in maritime transport or seaborne trade wherein large volume of goods take it to the sea for transportation purposes. The shipbuilding industry is also on the rise around the globe which thereby contributes to the growth of the crew boats market in the forecast period. The crew boats market is also aided by the growth witnessed in the offshore oil & gas industry wherein rig staff travel from rig to their stay locations and also provide emergency vigilance to offshore rigs. Moreover, the growth in the marine industry such as fishing and other commercial purpose the demand for these crew boats are also increasing which in turn boost the growth of crew boats market. Marine tourism is also another area which has grown considerably over the past few years especially in the Mediterranean and Asia Pacific region prompting higher requirements of standby crew vessels for safety purpose which thereby helps in the overall growth of the crew boats market.

Though the manufacturers of crew boats do not fall under the category of large revenue generating players, they are keen in continuously developing the product to improve its lifespan, passenger holding capacity and reliability. Shortcomings noticed in product differentiation within the major players has led to the development and various innovations such as large capacity, advanced passenger rescue system or equipment

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Crew boats Market: Regional Overview

South East Asia & Pacific and China are expected to remain the most attractive regions in the global Crew boats Market. These regions has high demand for Crew boats which is driven by the demand from the ship building industries and offshore oil & gas industry. However, in terms of production Europe and North America is expected to hold major share of the Crew boats market. Where the North American market is also anticipated for a positive growth due to tighter regulations placed around the mandatory instalment of such rescue ships and also due to increase in offshore activities. Moreover, Latin America is also estimated to grow with significant growth rate over the forecast period, owing to improve in logistic and marine industry in the region.

Crew boats Market: Market Participants

Examples of some of the market participants identified across the value chain of the global Crew boats market includes:

  • Seacor Marine Llc
  • Hamiltonjet
  • Stanford Marine Group
  • Société Chantiers Allais
  • Scruton Marine
  • Seatran Marine, Llc
  • Southern Marine Services, Inc.
  • Blount Boats

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 geographies, application, and industry.

The report covers exhaust analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

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.

Get a Tailored Made Report to Match Your requirements, Ask from Market Research Expert – https://www.futuremarketinsights.com/ask-question/rep-gb-7155Crew boats Market: Segmentation

Crew boats market can be segmented by dimension (Length) and applications:-

On the basis of dimension (Length), Crew boats market can be further segmented:

  • Medium (less than 24 m)
  • Large ( Greater than 24 m)

On the basis of applications, Crew boats market can be further segmented:

  • Offshore
  • Marine
  • Defence

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current, and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

Disposable Cups Market to reach 462.2 Billion Units by the end of 2021 And projected to expand at 5.3% CAGR over the forecast period in terms of volume

Today’s lifestyle has become expeditious and consumers are always on the go. As a cost-effective and convenient options disposable cups come handy as they take a sip into their favorite beverages while running for daily errands.

Future Market Insights (FMI) sees this as an attractive prospect for the sales of disposable cups. Consumer preference for eating out had the demand for on-the-go or take-away beverages exploding. Driven by this, the overall disposable cups sales are expected to total US$ 10.6 Bn in 2021.

Exponential growth of online food ordering also will create opportunities for sales of disposable cups. Foodservice providers prefer disposable cup because they are tamper-proof and keep beverages safe from contamination during transportation. Plastic disposable takeaway cups are economical, solid, and insulation can extend both the hot and cold liquids delivery time.

Additionally, disposable cups with lids and straw slots are easier for quick delivery without the fear of leakage and pouring. Disposable cups do not require much storage space and are extremely easy to carry during transportation and serving.

Food service providers choose paper or disposable plastic cups over glass because they are unbreakable, time-saving, and easy to clean. Therefore, many fast food joints, cafeterias, and food malls opt for disposable cups as a reliable, safe, and convenient packaging solution to offer quickest delivery to the customers.

Key Takeaways from Disposable Cups Market

  • The less than 250 ml disposable cups are smaller in size and are easily disposable, biodegradable, and recyclable. These cups will hold a market share of 51.1% by 2031.
  • Paper is the most preferred material type and will account for 48.6% of market share by 2031.
  • The beverages segment of disposable cups is projected to be the fastest-growing application segment, accounting for a share of 71.7% during the forecast period due to the rising demand for ready-to-drink beverages.
  • Among end users, the food retail sector will account for a share of 60.7% in the market by 2031.
  • Across the globe, Asia Pacific has emerged as the fast-growing market. It is estimated to showcase a CAGR of over 6-7% through the forecast period.

 “With the rising preference for dining out, the popularity of on-the-go beverages and growing awareness about eco-friendly packaging solutions will fuel the demand for disposable cups. Also the expansion of foodservice chains, hypermarkets, and quick-service restaurants will boost sales opportunities in the disposable cups market,” says FMI analyst.

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Demand for Innovation and Sustainable Packaging to Drive Sales

Innovation is crucial as it helps companies make deeper inroads in the market, creating better opportunities for customers.

For instance,

  • On 4th December 2020, the Acre launched ButterflyCup, the world’s most environmentally friendly disposable cup. The ButterflyCup contains no plastic laminates, and it is designed as an all-in-one eliminating the need for a plastic lid. The printing on these cups is done with plant-based ink, and it can be recycled along with the cardboard in recycle bin or composted at home as ordinary paper. Hence, the ButterflyCup has been designed as a sustainable solution to the plastic waste crisis.

Therefore, innovation and sustainability will enhance the disposable cups market.

Plastic Ban across Regions Creating Growth Opportunities

Single-use plastic consumes valuable natural resources for production, pollutes the environment, and harms wildlife and flora and, fauna. Many countries have banned single-use plastics due to the enormous plastic litter in the landfills and sea.

According to Oceana Organization, around 15 million metric tons of plastic waste is thrown into the ocean every year, which generates about two trucks of plastic garbage entering the ocean every minute. The U.S. creates a significant plastic waste than any other country. As plastic production is growing at a rapid rate, there can be devastating consequences.

The items made from expanded polystyrene are no longer sold and banned in Europe. The new law called Single-use-Plastics (SUP) aims to prevent and reduce the impact of plastic products on the aquatic environment and human health. The directive is transposed into national law and applied from 3rd July 2021; any country that does not follow these obligations will be fined. Many countries are restricting single-use plastics; thus, hampering the growth of the disposable cups market.

Impact of COVID-19 on Disposable Cups Market

The disposable cups are the safest, secure, and hygienic packaging favoured during the pandemic. The COVID-19 outbreak has affected people drastically. To prevent and control the virus spread hospitals, quarantine centres, and shelter homes have utilized one-time use disposable cups for serving food and beverages to the patients and caretakers.

Disposable cups are quickly discarded, recycled; hence the chances of virus spread can be avoided. Furthermore, disposable cups are also used by foodservice providers as the most economical, easy to carry, and dispose of option, which also caters to concerns pertaining to the health and wellness among consumers.

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Disposable Cups Market Landscape

Pactiv LLC., Georgia-Pacific LLC, Huhtamäki Oyj, Dart Container Corporation, Berry Global Group, Inc., and among others are the prominent players in the global disposable cups market. The Tier 1 players in the market hold 15-20% in the global disposable cups market.

Disposable Cups Market Report

Future Market Insights, in its new report, offers an unbiased analysis of the global disposable cups market, analyzing historical demand from 2014-2020 and forecast statistics for 2021-2031. The study reveals growth projections on the disposable cups market on the basis of material type (paper, plastic, and foam), capacity (less than 250ml, 250 to 750 ml, and above 750 ml), application (food (spreads, sausages & dressings, confectionary, dairy (ice cream, yogurt, drinks)), and beverage (hot, and cold)), and end user (food service, and food retail)) across seven regions of the globe.

Disposable Cups Market by Category

By Material Type:

  • Paper
  • Plastic
  • Foam

By Capacity:

  • Less than 250 ml
  • 250 to 750 ml
  • Above 750 ml

By Application:

  • Food
    • Spreads
    • Sausages & Dressings
    • Confectionary
    • Dairy
      • Ice Cream
      • Yogurt
      • Drinks
  • Beverages
    • Hot
    • Cold

By End User:

  • Food Serve
  • Food Retail

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By Region:

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

Subsea Multiphase Flowmeter Market is projected to be valued at ~US$ 616.6 Million in 2021

Substantial increase in the focus on developing integrated flow metering solutions with automation and digitalization technologies, suitable for various applications are expected to drive the global subsea multiphase flowmeter market. As per Future Market Insights (FMI), the global subsea multiphase flowmeter market is projected to be valued at ~US$ 616.6 Mn in 2021.

The ongoing COVID-19 crisis has caused severe impact on the global economy. It has resulted in partial to complete shutdown of the supply chain networks and manufacturing activities across certain regions. Subsequently affected the subsea multiphase flowmeter market, adversely affecting growth. However, subsea multiphase flowmeter market is expected to recover sharply as the economic activity resumes post the containment of pandemic.

The production measurement segment is gaining prominence owing to its functionality of measuring the inflow and outflow of oil & gas such. Moreover, in the near future, it is expected that the scope of production measurement can be extended to enhancing inflow profiling in deepwater reserves, which will further augment demand for subsea multiphase flowmeter.

Key Takeaways of Subsea Multiphase Flowmeter Market Study

    • Subsea flowmeter market is expected to register 8.5% CAGR between 2021 and 2031
  • The U.S. is expected to have highest market share the global subsea multiphase flowmeter market. Within North America, it is expected to account for over 66% of sales
  • The U.K. will emerge as a key market within Europe, exhibiting 5.6% y-o-y growth in 2021
  • Expansion of oil and gas production will continue supporting growth in Germany and France
  • China will continue driving sales in East Asia, backed by rising demand for energy

“Key industry participants are investing in strategic alliances, partnerships and product innovations to gain a competitive advantage in the evolving global market. These partnerships allow companies to improve their production capacity and strengthen their technical expertise.” says Future Market Insights analyst.

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The subsea multiphase flowmeter market is gradually growing at a strong trend in due to increasing integration of technologies with automation and digitalization in subsea multiphase flowmeters for challenging flow metering solutions for regular production monitoring and measurement. Rise in oil and gas investments and increase in oil and gas projects provide extensive opportunities for the subsea multiphase flowmeter market.

Competitive Landscape

The subsea multiphase flowmeter market witness moderate consolidation, in which the leading players account for more than 70% of the market share. The penetration of small regional players makes this market more competitive. Some of the key players in the market are Weatherford, Baker Hughes, AMETEK Inc., Schlumberger Limited, ABB Ltd, TechnipFMC PLC, Emerson, KROHNE Japan KK, Peitro Fiorentini S.p.a., Haimo Technologies Group Corp., and Tokico System Solutions Ltd among others. These players have higher shares in the global market, and have longstanding relationships with a number of end users, giving them an upper hand among their peers.

Find More Valuable Insights

The research report analyzes the market demand trends of subsea multiphase flowmeter. The global market estimation and growth projection is based on factors like end use industries development, COVID-19 crisis impact, replacement ratio, and adoption rate of subsea multiphase flowmeter. As per Future Market Insights research scope, the subsea multiphase flowmeter market has been studied and segmented on the basis of pipe size, application, construction material and region. The report provides qualitative and quantitative information on various players in this market. This report also tracks the market by both, supply side and demand side.

Subsea Multiphase Flowmeter Market by Category

By Pipe Size

  • 2″ Subsea Multiphase Flowmeter
  • 3″ Subsea Multiphase Flowmeter
  • 4″ Subsea Multiphase Flowmeter
  • 6″ Subsea Multiphase Flowmeter
  • 8″ Subsea Multiphase Flowmeter
  • 10″ Subsea Multiphase Flowmeter

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By Application

  • Subsea Well Testing
  • Production Monitoring
  • Production Measurement
  • Others

By Construction Material

  • Stainless Steel Subsea Multiphase Flowmeter
  • Duplex Steel Subsea Multiphase Flowmeter
  • Corrosion Resistant Alloys Subsea Multiphase Flowmeter
  • Titanium Subsea Multiphase Flowmeter
  • Others

Region

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

Intelligent Vending Machines Market By Technology, COVID-19 Impact Analysis, Regional Outlook, Application Potential, Price Trends, Forecast, 2021 – 2027

Intelligent vending machines market segmented by type, application, technology and region. By type, intelligent vending machines market segmented into beverages, snacks, commodity and others. Based on application, intelligent vending machines market segmented into fast food restaurant, shopping malls, retail stores, public transport, airport, hospitals, hotels, railway station, schools, and business center. By technology, intelligent vending machines market segmented into cashless systems, telemetry systems and voice recognition.

The vending industry is undertaking a sea-change using intelligent systems technologies to install touch-enabled screens and remote management software to go far beyond just dispensing food and drinks.An intelligent vending machine is one that has an LCD screen for interaction and large table top office vending service machines that have enough surface area to support 6 to 14 inch LCD screens possibly.The integration of features such as face recognition and voice that enables communication between vending machine and consumer is stimulating the industry growth forecasts. These features add intelligence to the systems by sensing and responding to users and offer visual experience with interactive promotions. Intelligent dispensing systems aid in gaining information regarding consumer behavior and preferences. Interactive LCD displays enable vendors to generate more revenue through the display of advertisements and loyalty programs.Office vending systems are expected to increase drive as they facilitate employees to take a quick snack in between breaks without the need of placing an order and waiting for it to be processed.

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Intelligent Vending Machines Market: Market Dynamics

Increased government regulations, increased user interactivity, mobile payment options, reduced operating costs, adoption of computing technology, remote management, payment flexibility, improved energy efficiency, software flexibility and adoption of IoT in retail vending, etc. are the drivers of Intelligent vending machines market

Growing application of strict rules prohibiting sales of junk food increased rental space costs for the installation of these machines, low operating margins and security issues are the restraints affecting the growth of intelligent vending machines market.

Cashless payment using near-field communications technology as there is increasing consumer preference toward cashless payments and adoption of LCD displays and telemetry systems is the latest trend in intelligent vending machines market.

Intelligent Vending Machines Market: Competition Landscape

Few prominent players in Intelligent Vending Machines market include Crane Co.,Canteen Vending Services, Inc.,Advantech Co. Ltd., Selecta Group AG, Bianchi Vending Group S.p.A, Cantaloupe Systems Inc., Intel Corporation, Glory Global Solutions Inc., Azkoyen Group, USA Technologies Inc., Rhea Vendors Group, MEI Inc. and Coin Acceptors Inc.

Intelligent Vending Machines Market: Regional Outlook

Western Europe is expected to be the dominant player in intelligent vending machines market followed by North America, Asia-Pacific, Japan, and MEA regions. The Asia-Pacific region is projected to emerge as the fastest rising market due to the increased demand in public transport applications in developing countries such as India and China in the forecast period.

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 includes 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.

The report covers exhaustive analysis on:

  • Global Intelligent Vending MachinesMarket Segments
  • Global Intelligent Vending MachinesMarket Dynamics
  • Historical Actual Market Size, 2014 – 2015
  • Global Intelligent Vending MachinesMarket Size & Forecast 2016 to 2027
  • Supply & Demand Value Chain for Intelligent Vending MachinesMarket
  • Global Intelligent Vending MachinesMarket Current Trends/Issues/Challenges
  • Competition & Companies involved in Intelligent Vending MachinesMarket
  • Intelligent Vending MachinesTechnology
  • Value Chain of Intelligent Vending Machines
  • Global Intelligent Vending MachinesMarket Drivers and Restraints

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Regional analysis for Global Intelligent Vending Machines Market includes

  • North America Intelligent Vending MachinesMarket
    • US & Canada
  • Latin America Intelligent Vending MachinesMarket
    • Brazil, Argentina & Others
  • Eastern Europe Intelligent Vending MachinesMarket
    • Poland
    • Russia
    • Rest of Eastern Europe
  • Western Europe Intelligent Vending MachinesMarket
    • Germany
    • Italy
    • France
    • UK
    • Spain
    • Nordic
    • BENELUX
    • Rest of Western Europe
  • Asia Pacific Intelligent Vending MachinesMarket
    • Australia and New Zealand (ANZ)
    • Greater China
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Japan Intelligent Vending MachinesMarket
  • Middle East and Africa Intelligent Vending MachinesMarket
    • GCC Countries
    • Other Middle East
    • North Africa
    • South Africa
    • Other Africa

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.

Intelligent Vending Machines Market: Market Segmentation

Segmentation by type in Intelligent Vending Machines market:

  • Beverage
  • Snacks
  • Commodity
  • Others

Segmentation by application in Intelligent Vending Machines market:

  • Fast food restaurant
  • Shopping malls
  • Retail stores
  • Public transport
  • Airport
  • Hospitals
  • Hotels
  • Railway station
  • Schools
  • Business center

Segmentation by technology in Intelligent Vending Machines market:

  • Cashless systems
  • Telemetry systems
  • Voice recognition

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Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint.

Ship Repair and Maintenance Services Market is expected register year-on-year (YoY) growth of 5.9%, reaching US$ 23.6 Billion in 2021

Ship repair and maintenance services market is set to be valued at US$ 44.3 Bn, expanding at 6.5% CAGR through 2031, according to latest research conducted by Future Market Insights (FMI).

Continuous rise in shipbuilding activities and increasing spending in research activities for the expansion of wireless seaborne trade is expected to create growth opportunities during the forecast period.

Demand for ship repair and maintenance services is surging owing to the growing usage of ships for diverse purposes. Governments in many countries are taking initiatives to strengthen the maritime industry.

Based on these factors, the market is anticipated to create incremental opportunities for the ship repair and maintenance services market players during the forecast period (2021-2031).

Sales are expected to surge due to increasing import-export activity and implementation of favorable regulations encouraging seaborne trade. Ship repair and maintenance play a supporting role in the marine industry. Because of the significant advantages of maritime transportation, ships transport approximately 90% of the world’s imported and exported goods.

The outbreak of COVID-19 however dampened the sales prospects owing to supply chain and market disruption. Nevertheless, with recovery of trade activities and relaxations in international trade, the market is expected to regain its pre-pandemic status.

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Key Takeaways from Market Study

  • In the vessel type segment, bulk carrier is anticipated to grow at an impressive CAGR close to 8%.
  • In the service type segment, hull part holds nearly 30% of the global market share in 2031.
  • Demand for passenger ships and ferries are expected to increase at a high pace, encouraging the sales of ship repair and maintenance services.
  • The market in South Asia & Pacific is projected to create incremental $ opportunity worth US$ 9.6 Bn between 2021 and 2031.
  • India and Singapore are expected to emerge as the most lucrative market across South Asia & Pacific during the forecast period.

“Digital innovations, coupled with the inclination for seaborne trade activities, are expected to propel the growth of the market. In order to capitalize on this existing opportunities, key players are investing in research and development activities. Some are spending on the integration of wireless technology in ship repair. These developments will help the market gain momentum in the coming years,” says a Future Market Insights analyst.

Competitive Landscape

The leading companies are implementing various strategies such as mergers and acquisitions and new product launches to venture into new markets. Some of the key players in this market are Damen Shipyards Group, Sembcorp Industries Ltd., Cochin Shipyard Limited, China Shipbuilding Industry Corporation, Fincantieri S.p.A., Dae Sun Shipbuilding & Engineering Co. Ltd., Hyundai Mipo Dockyards Co. Ltd., Arab Shipbuilding and Repair Yard Company, Keppel Corporation Limited, United Shipbuilding Corporation, Alexandria Shipyard, Dormac Ship repairs, Astican, HOSEI CO. LTD, TSUNEISHI SHIPBUILDING Co. Ltd and Dundee Marine & Industrial Services Pte Ltd.

Ship Repair and Maintenance Services Key Market Segments Covered

 By Vessel Type:

  • Oil and Chemical Tankers
  • Bulk Carriers
  • General Cargo
  • Container Ships
  • Gas Carriers
  • Offshore Vessels
  • Passenger Ships and Ferries
  • Mega Yachts and Other Vessels

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By Service Type:

  • General Services
  • Dockage
  • Hull Part
  • Engine Parts
  • Electric Works
  • Auxiliary Services

By Region:

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

Robotic Lawn Mower Market is anticipated to progress steadily at a CAGR of over 11.5% between 2021 and 2031

Technological advancements and rising penetration of artificial intelligence have paved the way for increased sales of robotic lawn mowers, since they have become much more efficient.

Rising dependency on automation in the commercial sector to decrease operating costs and increasing adoption of domestic robots for residential applications are major factors estimated to drive the growth of the robotic lawn mower market during the forecast period.

According to FMI’s recent market study, the robotic lawn mower market is projected to progress at a high CAGR of 11.5% and reach a valuation of US$ 2 Bn by the end of the forecast period (2021-2031).

Key Takeaways of Robotic Lawn Mower Market Study

  • In terms of segmental analysis, the sales of robotic lawn mowers are expected to remain concentrated to residential end use; nevertheless, sales in the commercial segment are projected to witness hefty growth over the coming years.
  • e-Commerce growth across the globe squarely proliferates a robust outlook for manufacturers to sell their robotic lawn mowers through online channels/retail partners such as Amazon, e-bay, Alibaba, The Home Depot, etc.
  • Demand in the Europe-based consumer market has grown rapidly in recent years, and still shows a substantial growth opportunity, as the robotic lawn mower market in the region is far from saturation.
  • GPS and Bluetooth-enabled robotic lawn mowers and wireless mobile devices are potential investment options for manufacturers. Multiple voice interaction is also being provided in upcoming connected robotic lawn mowers.

“There is significant potential in the long-run as far as robotic lawn mowers are concerned for lawns in commercial areas, sports fields, hotels, and parks. Thus, companies in the market are positioning themselves to enter the professional/commercial market where requirements for technology and reliability are even higher

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Robotic Lawn Mower Market : Competitive Landscape

The global robotic lawn mower market is significantly consolidated, with a few players holding a prominent share of nearly 50% in the market space.

Some of the key players operating in the global robotic lawn mower market are Husqvarna AB, MTD Products, STIGA S.p.A., KYODO CO., LTD., and Robert Bosch GmbH, among others.

Moreover, to win over market imponderables and shakeouts, manufacturers such as Husqvarna, MTD, and Honda are expanding their geographic reach to South East Asia & Pacific.

Find More Valuable Insights on Robotic Lawn Mower Market

FMI, in its new research report, offers an unbiased analysis of the global robotic lawn mower market, presenting forecast statistics for the period of 2021-2031.

The report reveals insights on the robotic lawn mower market, and covers market dynamics, market share analysis, pricing analysis, and channel partners involved in the robotic lawn mower market value chain.

Readers can also find key trends and market growth scenarios based on working area, end use, sales channel, and regions such as North America, LAMEA, South East Asia & Pacific, and Europe.

Robotic Lawn Mower Market Taxonomy

The global robotic lawn mower market is segmented in detail to cover every aspect of the market and present complete market intelligence to the reader.

Working Area

  • Small Area (up to 0.4 acre)
  • Medium Area (0.4-0.8 acre)
  • Large Area (above 0.8 acre)

End Use

  • Residential
  • Commercial

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Sales Channel

  • Offline
  • Online

Region

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

Arthroscopy Procedures and Products Market: North America and Europe Collective Hold 75% Market Share, Says Future Market Insights (FMI)

The global arthroscopy procedures and products market is set to expand at 5.7% CAGR through 2023, according to “Arthroscopy Procedures and Products Market: Global Industry Analysis and Opportunity Assessment, 2015 – 2023“, a new report by Future Market Insights.

The global minimally invasive surgery devices market is forecast to surpass US$ 30 Bn by 2018, and the growth is expected to rub off on the arthroscopy market. Increasing application in sports medicine, demographic trends, rising prevalence of osteoarthritis and ease in FDA clearance are key factors driving growth of the global arthroscopy procedures and products market. On the other hand, risk of edema due to irrigation fluids and increasing pricing pressures are anticipated to hamper market growth during the forecast period.

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Arthroscopy Procedures and Products Market Segmentation

By product type, the global arthroscopy procedures and products market is segmented into arthroscopes and visualisation systems, arthroscopic resection systems, arthroscopic fluid management systems, arthroscopic implants, arthroscopy radiofrequency (RF) systems, arthroscopic drills and fixation systems and other arthroscopy instruments and accessories.

The arthroscopic implants segment is further sub-segmented into knee implants, shoulder implants, hip implants and other implants. The arthroscopic implants product type segment accounts for highest share of the arthroscopy procedures and products market currently, and is expected to remain the leading segment in terms of value during the forecast period. Increase in clinical evidences related to the safety, efficacy and economic benefits of arthroscopic implants in younger patients is expected to boost growth of arthroscopic implants segment during the forecast period.

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By procedure type, the knee arthroscopy segment is expected to hold more than half the global market share, and the revenue from the segment is projected to expand at the highest CAGR over the forecast period as compared to other segments.

By region, North America is the largest market in terms of value currently and is expected to retain its position through the forecast period. Increasing number of ambulatory surgical centres, developing techniques and equipment, and increasing usages of arthroscopic instruments used in hips, shoulders, ankles and wrists procedures are factors expected to boost growth of the North America market over the forecast period.

Markets in the Americas and Europe collectively accounted for over 75% revenue share of the global arthroscopy procedures and products market in 2015. The market in APAC region is projected to exhibit an above average CAGR in terms of value during the forecast period from 2015 to 2023. Increase in preference of arthroscopic surgeries and technological advancement in arthroscopic instruments are factors expected to fuel demand for arthroscopy products over the forecast period.

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Key market players covered in this report are Arthrex, Inc., CONMED Corporation, Johnson & Johnson, KARL STORZ GmbH & Co. KG, Olympus Corporation, Richard Wolf GmbH and Stryker Corporation. Collaboration with partners to maintain market leadership in sports medicine in different regions, engaging in R&D activities that focus on orthopaedic surgical treatments, leveraging core expertise to strengthen business plans and acquisitions to strengthen the arthroscopy manufacturing business units in order to enhance market foothold over the next four to five years are the key strategies adopted by the arthroscopy products manufacturers.

FMI Latest Insights:

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Europe Viscosupplementation Market Revenue to Reach US$ 327.2 Mn by 2026

Patients suffering from OA have a lower-than-normal concentration of HA in their joints. Injecting HA lubricates bones to move smoothly over each other. Viscosupplementation facilitates movement and reduces pain in the arthritic joint. It is often recommended when other nonsurgical treatment methods have failed to provide positive outcomes.

Future Market Insights (FMI) delivers key insights on the Europe viscosupplementation market in its upcoming report titled, “Viscosupplementation Market: Europe Industry Analysis and Opportunity Assessment, 2016-2026”. In terms of revenue, the Europe viscosupplementation market is projected to register a healthy CAGR of 5.1% during 2016-2026.

FMI’s report has segmented the market on the basis of product type, end user and region.

Based on product type, the market has been segmented into one injection viscosupplementation, three injection viscosupplementation and five injection viscosupplementation.

Single injection viscosupplementation product type segment is expected to emerge as the most popular segment over the forecast period, driven by better patient compliance as the treatment reduces the need for multiple hospital visits. The segment is expected to register the highest CAGR of 6.7% during the forecast period.

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Five injection viscosupplementation product type segment is expected to witness a decline in market share in terms of revenue from 29.0% in 2015 to 23.3% in 2026. This decline is attributed to more incidence of side effects and repeated patient visit requirements associated with five injection viscosupplementation. Reimbursement cutbacks and high injection costs are other factors that can curtail demand for five injection viscosupplementation.

By end-users, the market is segmented into hospitals, ambulatory surgical centres and orthopaedic clinics. Hospitals end-use segment is expected to witness significant demand for viscosupplementation, registering a CAGR of 4.3% over the forecast period. Better reimbursement options and increasing patient preference for single injection cycle for osteoarthritis treatment is expected to drive demand for one injection viscosupplementation in the orthopaedic clinics segment over the forecast period.

Europe Viscosupplementation Market Trends

Key trends in the viscosupplementation market are the use of single injection cycle for osteoarthritis treatment and introduction of new combination products in the market. For example, the product pipeline of major players in the viscosupplementation market involves combining corticosteroid injections, which help in relieving pain associated with osteoarthritis, with long-lasting effects of hyaluronic acid, which lasts for nearly six months. Further, regional competition within EU countries, especially in five injection cycle, is leading to entry of new market players. Europe is a mature market in terms of generic products and it is therefore relatively easier to obtain CE mark in Europe than it is to obtain the U.S. FDA approval.

Western Europe has been estimated to dominate the Europe viscosupplementation market in 2015, attributed to factors such as the presence of key regional players, strong distribution network and better healthcare infrastructure in the region.

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Key Players in Europe Viscosupplementation Market

Some key players in the Europe viscosupplementation market are Anika Therapeutics Inc., Sanofi S.A., Zimmer Biomet Holdings, Meda AB, Ferring B.V, Fidia Pharmaceutici S.p.A, and Bioventus LLC. We have discussed individual strategies followed by these companies in terms of enhancing product designs, creating new manufacturing facilities, market consolidation and advanced R&D initiatives. The report concludes with key takeaways that could help players already present in the market and new players planning to enter the market in the long run.

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