Market Research Blog – Page 13465 – New Product Development

Wireless Microphone Market 2022 Key Players, SWOT Analysis, Key Indicators and Forecast to 2028

A new research study by Future Market Insights (FMI) presents useful insights on the growth in adoption of wireless microphones across key regional markets. According to the report titled “Wireless Microphone Market: Global Industry Analysis 2013 – 2017 and Opportunity Assessment 2018 – 2028,” the wireless microphone market is growing rapidly due to the changing technological environment that is intensifying the competition among players. According to the report, the global wireless microphone market is expected to witness a CAGR of 8.0% from 2018 to 2028. In 2017, the market was worth US$ 1,926 Mn and is expected to reach a valuation of US$ 4,496.9 Mn by the end of 2028.

Request a Sample of this Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-6486

Manufacturers are focussing on offering wireless microphones with high functionality and innovative design in order to acquire a large share in the global market. Some of the key players such as Shure Incorporated, DPA Microphones, RODE Microphones, Samson Technologies Inc., JTS Professional, Audio-Technica Corporation, Sennheiser electronic GmbH & Co. KG, AKG Acoustics, MIPRO Electronics, inMusic Brands, Inc. etc. are launching new products and entering into key partnerships in order to establish their foothold in the global market.

wireless microphone market

Growing Demand for Wireless Technology to Bolster Market Growth

The introduction of digital wireless technology is augmenting the growth of the wireless microphone market. The implementation of wireless technology offers benefits such as low voice distortion, less noise interference, increased opportunity for encryption, and enhanced reliability of signal transmission. The adoption of digital wireless technology and the introduction of professional microphones without noise distortions at affordable prices will drive the global wireless microphone market. The U.S, Japan, and China are the largest revenue generators in the wireless microphone market. Further, the economic development of the countries in Latin America and the Middle East and Africa, and the growth of the music industry in these regions will have a positive impact on the global wireless microphone market.

Given the improving economic conditions in certain regions and the introduction of innovative wireless technologies, leading players are focussing on expanding their businesses in emerging countries in APAC and Latin America. Vendors will try to distinguish their products and service offerings through a clear and unique value proposition during the forecast period. Prominent players and emerging companies are investing in the development of innovative products with advanced features and are also focussing on product portfolio upgrades to gain a larger market share in the global wireless microphone market.

Ask An Analyst @ https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-6486

Availability of Low Quality Products to Restrain Market Growth

The cost of wireless microphones varies across regions as there is a large presence of several local players in the different regional markets. Sometimes, users from developing countries such as India tend to choose wireless microphones with lesser pricing, as they are ready to compromise on the brand and applications of the microphones. This can turn out to be a grave challenge for wireless microphone brands to maintain their sales especially in the Tier II and Tier III cities of developing countries.

Western and Eastern Europe to climb the growth ladder in the long run

Manufacturers of wireless microphones in Europe have been focusing on building a fast and more effective sales and distribution network for their products across key local markets. As a part of meeting their objectives, manufacturers are using online sales channels to help customers buy various types of microphones. Furthermore, they are also providing price incentives for online purchases, and have been stationing their direct business development representatives and agents in various cities to ensure quick product delivery.

The launch of corporate e-learning programmes, which are designed for skill development and to train employees, is driving the demand for wireless microphones in the global market. The implementation of IT-enabled training rooms coupled with a boost in the employment rate in some of the major European countries is expected to contribute to the revenue growth of the global wireless microphone market during the forecast period.

Russia is one of the prominent countries in the Europe wireless microphone market. The continuous development in wireless technology and an increase in the number of events and shows due to a steady rise in tourism is one of the major factors contributing to the growth of the wireless microphone market in the region.

Market Taxonomy

By Supporting Technology

Bluetooth
Wi-Fi
Others (NFC, RFID, etc.)

By Type

Handheld
Clip-on
Headworn
Lavalier
Bodypack
Others

By End User

Events
Education
Corporate Sector
Media & Entertainment
Government
Aerospace & Defense
Others

By Region

North America
Latin America
Western Europe
Eastern Europe
Asia Pacific
China
Japan
Middle East and Africa

Buy Complete Report @ https://www.futuremarketinsights.com/checkout/6486

Contact Us:

Future Market Insights
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

Empty Capsules Market Expected to Exhibit a CAGR of 8% & Predicted to Gain the Valuation of US$ 209 Billion During the Forecast Period 2022-2026

Empty capsules are witnessing an adoption upsurge, owing to numerous factors such as limited number of competitors, growing demand from the pharmaceutical sector, standard margin level, and potential opportunities in vegan gelatin-based capsules. Further, faster uptake by the FDA and focus of market players on ramping up production capacity are key factors shaping the growth of the empty capsules market.

mpty capsule manufacturers are progressively targeting specialty markets such as contract manufacturers, generic manufacturers, and pediatric drug manufactures. Increasing penetration of low-cost manufacturers in various countries, and supply contracts of life-saving essential drugs, primarily in developing and emerging countries, are further driving the empty capsules market.

Request for the Brochure: https://www.futuremarketinsights.com/reports/sample/rep-gb-782

The global empty capsules market is estimated to be valued at US$ 1.9 Bn in 2022, with the market expected to exhibit a CAGR of 8% during the forecast period (2022-2030). The coronavirus (COVID-19) pandemic that has so far claimed the lives of over 200,000 people and infected over 3 million, has forced several countries to declare nationwide lockdowns. This has disturbed supply chains in the empty capsules market, due to logistics paralysis. As such, the market is expected to witness a gradual decline in in 2022.

“Lower labour cost and abundant availability of raw materials are among the key factors driving the empty capsules market in Asia Pacific excluding Japan (APEJ) and Western Europe. In addition, favorable regulatory ecosystem to establish empty capsule manufacturing businesses and lower taxation policies are propelling market growth in APAC.”

Key Takeaways of Empty Capsules Market Study

Greater focus on relieving pressure of supply chain due to demand gap is being tackled by ramping up production capacity; up-scaling is the fundamental strategy outlined for meeting demand in the empty capsules market.
Vegetable capsules are the latest innovation and are expected to replace gelatin-based variants. Recently, hard gelatin manufacturers have begun increasing the production of vegetarian capsules at scale.
South and East Asian pharmaceutical markets are expected to grow at twice the global average in terms of value, owing to population growth, rising incomes, and improved access to healthcare.
The empty capsules market in China is anticipated to exhibit the fastest growth, where per capita spending is anticipated to increase by over 70% in the coming five years.
High upfront costs and lower margin levels in empty capsules have resulted in 10%-20% price hike in finished products, registering lower sales for animal-based gelatin products in the recent past.
India, with almost 40% growth, is offering value-capture opportunities, owing to good patient recruitment, acceptable quality of services, reasonable cost-quality ratio, existence of regulatory agencies, high standards of care, larger population base, and low cost of labour.
Companies manufacturing halal capsules are obtaining halal certification from the Islamic Food and Nutrition Council of America (IFANCA) to capture market shares in Muslim-dominated countries.
The empty capsules market is consolidated, with leading manufacturers holding around 70% revenue share. Further, growing prominence of CMOs and large-scale gelatin manufacturers is anticipated to boost the growth engine.
Higher volume handling by key players in comparison with local manufacturers, and higher production capabilities and price advantages over non-standard manufacturers, are expected to generate significant revenue pockets.

Key Players Focus on Capacity Expansion, Strategic Acquisitions, and Joint Ventures to Widen Regional Presence

Leading players in the empty capsules market, such ACG Worldwide, Capsugel, Qualicaps, Inc., Bright Pharma Caps, Inc., and Roxlor LLC, are concentrating on business expansion through mergers, joint ventures, distribution agreements, and capturing untapped market potential.

For example, in 2015, Capsugel increased the production of vegetarian-based capsules by investing US$ 25 Mn across its manufacturing sites.
Empty capsule manufacturers are generating high returns from nutraceutical and pharmaceutical industries by supplying non-animal or vegetarian empty capsules, with effective physical properties such as reduced moisture content, best suited for nutrient supplements and hygroscopic drugs.
In similar context, empty capsule manufacturers are boosting substantial sales revenue from nutraceutical manufacturers by supplying vegetarian-based empty capsules coupled with fluid filling technology.
Top manufacturers of hard gelatin capsules are expanding their production facilities through acquisitions.
For instance, Qualicaps completed the acquisition of Genix Industria Farmaceutica Ltd., one of Brazil’s top hard empty capsule manufacturers. The acquisition permits the manufacturer to establish its operating sites in the U.S., Canada, Spain, Japan, and Romania.
- CapsCanada Corporation also acquired the assets of two additional gelatin manufacturing facilities, and this significant acquisition further merged with the manufacturer’s vertically-integrated production plants, with a total of four (bovine) other gelatin manufacturing facilities.

Additionally, current acquisitions are focused on capacity expansion and manufacturing capabilities of existing empty capsules players to gain market share.

Request for the TOC of this Report with figures: https://www.futuremarketinsights.com/reports/empty-capsules-market/table-of-content

More Valuable Insights on Empty Capsules Market

Future Market Insights brings a comprehensive research report on forecasted revenue growth at global, regional, and country levels, and provides an analysis of the latest industry trends in each of the segments from 2015 to 2029. The global empty capsules market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader. The study provide compelling insights on the market on the basis of by product type (gelatin (hard)-based capsules and vegetarian-based capsules), raw material (type-A (pork skin), type-B gelatin (animal bones & calf skin), fish bone gelatin, hydroxy propyl methyl cellulose (HPMC), starch materials, and pullulan.), capsule size (size “000” capsules, size “00” capsules, size “0” capsules, size “1” capsules, size “2” capsules, size “3” capsules, size “4” capsules, and size “5” capsules.), route of administration (oral administration and inhalation administration.), and end user (pharmaceutical companies, cosmetic & nutraceutical companies and clinical research organizations (CROs), across seven major regions.

About the Healthcare Division at Future Market Insights

Future Market Insights facilitates corporates, government, investors, and associated audiences in the healthcare sector to identify and accentuate vital aspects applicable to product strategy, regulatory landscape, technology evolution, and other crucial issues to achieve sustainable success. Our unique approach to gathering market intelligence equips you in devising innovation-driven trajectories for your business. Know more about our sector coverage here

About Future Market Insights (FMI)

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

Contact Us:

Online Payment Gateway Market Research Report 2022 – Global Forecast till 2028

A latest industry report by FMI states the global sales of the online payment gateway market to surpass US$ 106.1 Bn in 2022 by registering a CAGR of 10.4%.

Furthermore, the online payment gateway market is expected to exceed US$ 191.1 Bn by 2028. Demand for hassle-free and safe transactions along with easy as one step payment options are positively influencing the sales of online payment gateways. Furthermore, hosted payment gateways are expected to account for 44.6% for online payment gateway market in 2022.

Request a Sample of this Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-4331

The report states that the growing prevalence of third party payment processes is expected to have a positive impact on the growth of the global market.

online payment gateway market

Websites have always been a good source for channel merchants for generating revenue. Concentrating on the current scenario, the share for mobile usage has been growing significantly. The traditional ways of accepting payments has been declined as compared to advanced payment methods.

Different mode of transactions are used for payment gateways such as real-time bank transfers, direct debits, and others. Transactions that include payment gateways are prepaid cards, debit cards, credit cards, and charge cards.

The most widely used forms are credit cards and debit cards. Credit cardholders draw on a credit limit permitted by the card issuer such as a bank, store, or service provider.

Credit card balances are usually rolling, whereby, part of the balance needs to be paid on a 30-day basis, until the full balance is paid. Whereas, debit cards are bank cards used in cash transactions, which are not credit cards.

In a debit card transaction, the amount of a purchase is withdrawn from the available balance in the cardholder’s account. If the available funds are insufficient, the transaction is not completed. This is also called asset card (in the US), or payment card.

Ask An Analyst @ https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-4331

Companies operating in the market are also eyeing on the opportunities available in the global market. Some of the leading companies operating in this market are PayPal Holdings, Inc., Amazon.com Inc., Avenues India Pvt. Ltd., Stripe, and CCBill.

Growing Third Party Payments to Augur Well for Global Market Growth

Emerging markets are the home for 85% of the global population, and about 90% of people under 30 years of age reside within these emerging markets. These markets are presently discovering themselves at a ‘sweet spot‘, where the population is favouring the growth of online transactions, which are in turn curtailing the black economy and stimulating economic growth. By opening up the banking market to non-bank players, regulators are side-stepping the requirement for banking institutions to being able to provide a full spectrum of financial services. This has brought about the ‘FinTech Revolution’. This has been a driver for the online payment gateway market, as regulators are allowing third parties to control payment processing.

NFC Payments to Obstruct Market Revenue Growth

Eyeing the current market scenario, payment gateways are booming all over the world, but there are new innovations to come. One such innovation that is predicted to come soon and is being worked upon is the payment through NFC technology, which could be the substituting point for the payment gateway market.

Key Segments Covered in Online Payment Gateway Industry Survey

Online Payment Gateway by Application

Online Payment Gateway for Large Enterprises
Online Payment Gateway for Small and Medium Enterprises

Online Payment Gateway by Mode of Interaction

Hosted Payment Gateway
Pro / Self-hosted Payment Gateway
API / Non-hosted Payment Gateway
Local Bank Integration
Direct Payment Gateway
Platform-based Payment Gateway

Buy Complete Report @ https://www.futuremarketinsights.com/checkout/4331

Online Payment Gateway Market by Region

North America Online Payment Gateway Market
Latin America Online Payment Gateway Market
Europe Online Payment Gateway Market
East Asia Online Payment Gateway Market
South Asia & Pacific Online Payment Gateway Market
Middle East & Africa (MEA) Online Payment Gateway Market

Key Questions Answered in the Report

What valuation will the online payment gateway market enjoy in 2022?
At what CAGR did online payment gateway consumption increase from 2013 to 2021?
What is the predicted market worth through 2028, as per online payment gateway market research report?
Which mode of transaction is expected to hold the highest share for online payment gateways?
How is the market expected to evolve over the forecast period?

Contact Us:

Document Management Software Market 2022 | Present Scenario and Growth Prospects 2028

Future Market Insights has analysed various facets of the global market for document management software in a new research publication titled “Document Management Software Market: Global Industry Analysis (2013-2017) and Opportunity Assessment (2018-2028).” The raw data obtained from secondary research has been filtered, well-furnished and arranged in a systematic format with the assistance of which key insights have been derived. The market is thoroughly analysed to gain intelligence on the various market trends changing the course of the market, the drivers that push the growth of the market, the opportunities that shape the future of the document management software market and the restraints that hinder the growth process of the global market. These various aspects have been analysed across key regions in the globe including North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, China and Middle East and Africa (MEA) to gauge the intensities of these facets and their impact on the overall market expansion. Based on historical data and current scenario, future insights on the market based on value projections for a period of ten years have been included in this research report across each segment of the global document management software market.

Request a Sample of this Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-6474

Future Market Insights Observes– the growth of the global document management software market is triggered by increasing demand for the software as it reduces the time needed for file location and retrieval. Moreover, it also covers additional functionalities such as storage, editing and making corrections, efficient consolidation of information, eliminates misfiling and enhances overall productivity and efficiency. The global market for document management software is projected to expand at a value CAGR of 12.3% during the period of assessment 2018-2028 and is estimated to reach a valuation of more than US$ 11 Bn by 2028 end.

Growing Demand for Automated Workflow to Facilitate Market Expansion

Automation has facilitated reduction in errors, improvement in quality and reduction in time in various processes. Document management software with automated workflow offers efficient operational workflow. Moreover, it reduces costly paper handling with smart routing of documents and saves time and money by reducing the need of photocopying, hand delivery and repetitive dropping. It also enables automated distribution, printing and overall document control. By centralizing documents and using automated workflow technology, it can timely route documents to stakeholders. The migration to automated workflow from manual workflow is pushing the demand of document management software.

Disaster Recovery and Better Backup to Spur Demand for Document Management Software

Document management solution includes disaster recovery and data backup plan. With digital archiving, paper documents are protected from various types of disasters. In addition, with this software, documents are easily traceable and can be conveniently tracked within different ranges of criteria. Moreover, since the documents are stored centrally, they do not get misplaced after viewing. They can be digitalised as well as archived during their entry point into the system.

Segmental Snapshot of the Global Document Management Software Market

By component, the software segment is expected to grow at a higher rate and is expected to lead the global document management software market in the coming years. With respect to services, professional services are gaining high traction.

With respect to deployment, cloud is gaining high steam owing to ease of access and convenience at any point in time. Cloud based deployment is expected to showcase revenue sales of over US$ 6 Bn by end of the assessment period.

Ask An Analyst @ https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-6474

Healthcare and BFSI sectors are showcasing high demand for document management software. Owing to high and ever increasing volume of documents, the need for subtle document management systems has risen. This has accelerated the use of document management software in these sectors. Healthcare, however, tops the table with respect to higher adoption and valuation, comparatively.

North America is the largest region, followed by Europe. The market valuation in these regions is expected to go above or near US$ 3 Bn by 2028 end. China also has shown increased inclination towards use of document software. Document software market in China is projected to expand at a significant rate in the coming years.

Competition Tracking

The key players profiled in the report are Toshiba Corporation, IBM Corporation, OpenText Corp., Asite, Ideagen, Alfresco Software, MasterControl, Computhink, eFileCabinet, OfficeGemini, Adobe Systems Incorporated, SmartFile, Lucion Technologies, Intranet Connections, FOLDERIT and LogicalDOC.

Buy Complete Report @ https://www.futuremarketinsights.com/checkout/6474

Contact Us:

Small Satellite Market 2022 Development Status, Competition Analysis, Type and Application 2031

According to the small satellite market analysis by Future Market Insights (FMI), the demand registered between 2021 and 2031 will increase at a healthy CAGR of 18.5%.

The report also forecasts that the market will surpass a valuation of ~US$ 3.2 Bn by the end of 2021. As per FMI, rapid technological advancements and introduction of artificial intelligence, internet of things, and 5G have created prospects for small satellites market growth. These technologies have become essential in improving economic competitiveness, thereby propelling the market growth.

Request a Sample of this Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-3298

The global small satellite market is driven by various factors. One among them is the satellite miniaturization. Apart from that, the fact that space mission cost and expenditure have reduced with the introduction of small satellites is also among the major factors boosting the overall demand for small satellites.

small satellite market

The proposed development of all satellite networks to work on internet where broadband connectivity does not reach is seen as a lucrative opportunity for the growth of the market. Besides this, the high rate communication of data and the huge amount of capitals invested in small satellite market will propel the growth of the market in future years.

Key Takeaways: Small Satellite Market

By type, the nanosatellite segment is anticipated to account for the leading share in the global market for small satellite during the forecast period. However, the microsatellite segment is estimated to grow at a robust CAGR of 19.5% through 2031.
By end user, the adoption of small satellites in commercial sector is anticipated to increase at a CAGR of 17.5% between 2021 and 2031, while civil segment is currently dominating the market.

North America is expected to lead the global small satellite market followed by Europe in 2021.
The market in Japan is expected to progress at a CAGR of around 16% through 2031.
In the U.K., sales are expected to increase at a CAGR of close to 13% over the next ten years.

Ask An Analyst @ https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-3298

“Small satellites are comparatively more useful than their larger counterparts. More number of small satellites can prove to be multifunctional helping to gather information or for scientific data collection or even for radio relay.” says a FMI analyst.

COVID-19 Impact Analysis on Small Satellite Market

Due to rapid spread of COVID-19 in many regions such as Europe, the US & Asia Pacific, there was a significant drop in demand for small satellites. Also there was corresponding reduction in revenues for various service providers, suppliers across small satellite market owing to manufacturing shutdown, late delivery, limited availability of equipment and limited staff at manufacturing facilities.

For an instance, the U.S. Space Force delayed the launch of Falcon 9, a GPS satellite, by 2 months due to COvid-19 impact. However, the global small satellite demand is anticipated to recover by 2022 fully.

Increasing Demand for High-Resolution Images

The demand for small satellites is growing substantially all around the world. As per records of nanosats.eu, there are more than 2800 nanosatellites launched into Earth’s orbit as of January 2021. Key players in the industry are launching constellations of nanosatellites or microsatellites into Earth’s orbit for applications including telecommunications and earth observation.

For an instance in January 2020, Sateliot, a nanosatellite and telecommunications operator, signed a Memorandum of Understanding (MoU) with the European Space Agency (ESA) to research, develop, and deploy novel space-capable technologies, goods, and services leveraging 5G. At the back of these factors, the market of small satellites is expected to grow at a significant rate during the forecast period.

Key Questions Answered in the Report

Which region exhibits high demand for small satellite?
Who are some of the leading small satellite market players?
Who are the leading end users of small satellite?
How much is the global small satellite market worth?
What will be the demand outlook/ sales forecast for small satellite market?
At what rate did the demand for small satellite grow in the last five years?
What are the key trends shaping the small satellite market?
What is driving the demand for small satellite?
Which countries are key providers of small satellite?
Who are the top 5 countries driving sales in small satellite market?
What is the small satellite market outlook for South Korea and Japan?

Buy Complete Report @ https://www.futuremarketinsights.com/checkout/3298

Contact Us:

Traffic Management Systems Market 2022 | Scope of Current and Future Industry 2028

The global traffic management systems market revenue totaled ~US$ 19,310.0 Mn in 2021. The traffic management systems market is projected to reach ~US$ 75,228.8 Mn by 2028, growing at a CAGR of 22.5% for 2022 – 28.

Traffic management systems market is nearly 25% of the smart transportation market globally. The traffic management systems market growth will continue to accelerate due to the continuous developments in urban traffic management systems, adaptive traffic control systems and incident detection & location systems across the public transportation infrastructure.

The adoption of traffic management systems is driven by factors such as rising number of vehicles, increasing need for tracking and managing traffic and increasing need for presenting real-time traffic information.

Request a Sample of this Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-6469

In order to capitalise on this opportunity, the players operating in the market are launching new products and entering into mergers and acquisitions in order to acquire new technology and stay competitive in the market. For instance, in May 2015, IBM Corporation launched a transportation management solution for the New Jersey Turnpike Authority (NJTA). The launch is aimed at reducing traffic congestions and improving the traffic flow employing enhanced system that assimilates the Internet of Things to provide advanced analytics and predictive capabilities. Moreover, the system provides central management of approximately 900 devices including drum and portable signs, variable messages, traffic cameras and hybrid displays. The other companies operating in the market are Siemens AG, Thales Group Ad, Mitsubishi Electric Corporation, Kapsch Trafficcom, Iskra, Telegra, SWARCO, and SICE, among several others.

global traffic management systems market image

According to the report, the global traffic management system market is expected to witness a CAGR of 18.2% from 2022 to 2028. The market is expected to reach a worth of US$ 14, 178.4 Mn in 2022 and touch a valuation of US$ 75,228.8 Mn by the end of 2028.

Technological Advancements to Trigger Adoption Rate of Traffic Management Systems

With the growing traffic congestion levels across cities, the implementation of TMS is increasing exponentially. This growing adoption has induced the development of advanced traffic management system devices as well as software to provide extraordinary capabilities and highly improved performances. For instance, the current technologies in TMS include integrated machine learning, wireless charging sensors, integrated toll management systems, weather monitoring solutions, IOT based ITS, ITS for connected vehicles, IOT for autonomous vehicles, and many more.

Owing to the numerous benefits of traffic management systems, governments across various countries in the world are actively engaging themselves in the deployment of smart traffic management systems. This is being done in order to smoothen traffic flow by reducing traffic congestion and reducing pollution levels across cities, by prioritising traffic in accordance with real-time traffic information. For instance, in July 2021, Miami-Dade County signed a smart traffic contract of US$ 11.1 Mn with Econolite Control Products.

Ask An Analyst @ https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-6469

As part of this contract, the company will install 300 new smart traffic signals that will work on a new technology, namely, changing the flow of vehicles. The traffic signals cover nearly 10% of all Miami-Dade traffic lights. The growing initiatives for successful traffic management and increasing investments are projected to bode well for the global traffic management systems market in the long run.

Budget Constraints to Restrain Market Development

Notwithstanding all the benefits offered by traffic management systems, the restricted budgets allocated to the traffic industry remain a serious issue. Local authorities are usually budget-constrained, and try to save costs by avoiding the adoption of advanced traffic management systems. Furthermore, the authorities of some developing and underdeveloped regions do not have sufficient budgets to implement the systems across certain countries.

Moreover, the additional costs involved in installation, repairs, and maintenance of these systems will increase the overall expenses, eventually deteriorating the situation. Consequently, budgetary restrictions and high costs involved with advanced traffic management systems are impacting the market in a negative manner, thereby encumbering the growth of the market.

Traffic Management System Outlook by Category

By Component :

Traffic Management Hardware
Traffic Management Software
Traffic Management Services

By Application :

Urban Traffic Management Systems
Adaptive Traffic Control Systems
Journey Time Management Systems
Incident Detection & Location Systems
Others

By End User :

Railways
Roads
Air
Maritime

Buy Complete Report @ https://www.futuremarketinsights.com/checkout/6469

By Region :

North America
Latin America
Western Europe
Eastern Europe
SEA and others of APAC
Japan
China
Middle East and Africa (MEA)

Key Questions Answered in the Report

Which region is expected to showcase high growth in Traffic Management Systems Market?
Who are some of the leading companies offering Traffic Management Systems?
How much is the global Traffic Management System market worth?
What will be the demand outlook/ sales forecast for Traffic Management System?
What was the last 9 year market CAGR?

Gigabit Wi-Fi Access Point Market 2022 Outlook, Current and Future Industry Landscape Analysis 2027

The global gigabit Wi-Fi access point market is projected to grow at 32.3% CAGR over the forecast period (2022-2027).

Growing digitization across the globe, coupled with government initiatives to promote industrialization in developing economies, will fuel the sales in the market.

The overall sales of gigabit Wi-Fi access points are expected to surpass US$ 14.65 Bn by the end of 2027. Demand for 868 to 1300 Mbps data delivery rate is expected to increase, accounting for over 36.6% of overall sales in the market.

As per the study, the gigabit Wi-Fi access point market is expected to account for over 35% of demand share in the global Wi-Fi market.

Request a Sample of this Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-1351

The Government of India is laying out expenditure on gigabit Wi-Fi access point (FTTH) to provide better and high speed internet, which is expected to be a good opportunity for vendors associated with the GWAP market to extract business, especially from emerging economies like India. Rapid technological progression, coupled with the implementation of better internet infrastructure is projected to drive the GWAP market in India in the coming years. The commercial/industrial end use sector is currently dominating the GWAP market, and GWAP vendors need to focus on this sector to expand their market share in India. Some of the companies contending with full strength in the market are Aerohive Networks Inc., Aruba Networks Inc., Cisco Systems Inc., D-Link Corporation, and Arris International Plc., among several others.

gigabit wi fi access point market

Growing Acceptance of Advanced Products to Increase Market Demand

With huge advancements in technology, North America focuses on adopting new technology such as gigabit Wi-Fi access point devices to enhance overall internet infrastructure to provide better internet speed in the region. In August 2016, Aruba Networks Inc. expanded its wireless competences with Penske Truck Leasing in North America. Penske selected Aruba Networks to install 5,000 outdoor and indoor access points for better connectivity. Henceforth, with continuous technology progression various companies are implementing gigabit Wi-Fi access point devices to deploy internet with fast speed.

Cutting-edge electronic devices such as smartphones and tablets are gradually gaining traction among consumers, comprising the young population. Compact devices such as smartphones offer great features to consumers, comprising mobility, fast operating time, and long battery life. Hence, the increasing market penetration of smartphones and tablets will result in higher deployment of gigabit Wi-Fi access point in North America.

Adoption of smart homes and applications in the past five years in Western Europe has increased significantly, owing to increasing advancement in home automation in the region. A growing adoption of smart homes is expected to drive demand for high bandwidth internet to operate all the smart gadgets. Owing to the aforementioned factors consumers are adopting better and advanced internet infrastructure with cutting-edge security offerings.

Ask An Analyst @ https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-1351

Hardware Replacement Cost to act as a Roadblock in Market Revenue Growth

Old devices such as 802.11n wireless access point devices may or may not be able to support the new hardware standards of 802.11 AC. Henceforth, installing the 802.11 AC standard needs the whole infrastructural change to obtain the maximum benefits from new standard 802.11 AC. Installation of new hardware compatible with 802.11 AC is projected to incur high costs, which is expected to act as a restraint in the initial adoption of gigabit Wi-Fi access points.

Gigabit Wi-Fi access point Market by Category

By Maximum Data Delivery Rate :

Less than 868 Mbps
868 to 1300 Mbps
More than 1300 Mbps

By End User :

Residential
Commercial/Industrial
Retail
Education
Manufacturing
Hospitality
Healthcare
Others

By Component :

Wireless Access Points
Indoor
Outdoor
Special-purpose
Wireless LAN Controllers

By Region :

North America
Latin America
Western Europe
Eastern Europe
Asia Pacific excluding Japan (APEJ)
Middle East & Africa
Japan

Buy Complete Report @ https://www.futuremarketinsights.com/checkout/1351

Key Questions Answered in the Report

What is the current value of the global gigabit Wi-Fi access point market?
What are the key trends boosting sales in gigabit Wi-Fi access point market?
Which are the leading countries driving demand for gigabit Wi-Fi access point?
What was the demand outlook for gigabit Wi-Fi access point market in 2021?
What will be the demand outlook for more than 1300 Mbps in gigabit Wi-Fi access point market?

Global Oil and Gas Terminal Automation Market is expected to witness nearly 2X growth between 2016 and 2026.

[160 pages report] The global oil and gas terminal automation market is forecast to register a CAGR of 7.1% in terms of value over the forecast period (2016-2026) driven primarily by relatively low oil prices and increasing demand for natural gas from a diverse set of industries.

Oil and gas terminals, often termed as oil and gas depots, tank farms or tank terminals, bulk terminals, facilitate storage of oil, gas and related products. These are thus, intermediate hubs which store and facilitate the distribution of oil and gas to end users. Oil & gas terminal automation systems are integrated solutions which facilitate easier monitoring and control of various product and bulk material handling operations, from receipt of products through storage and distribution. These systems comprise a set of integrated tools that enable access to real-time data, thus ensuring safety and efficient management of day-to-day terminal operations.

To remain ‘ahead’ of your competitors, request for a sample @ https://www.futuremarketinsights.com/reports/sample/rep-gb-197

According to a recent market report titled “Oil and Gas Terminal Automation Market: Global Industry Analysis and Opportunity Assessment, 2016-2026” published by Future Market Insights, revenue from the global oil and gas terminal automation market is estimated to be valued at US$ 850 Mn in 2016. It is projected to exhibit 7.1% value CAGR during 2016-2026, and is forecast to be valued at US$ 1,693 Mn by 2026 end. The market is expected to witness nearly 2X growth between 2016 and 2026.

Growing need for liquefied natural gas, coupled with surplus oil and gas production in certain regions of the globe including North America has resulted in increasing focus on development of storage terminals across the globe. Accordingly, increase in investment towards development of oil and gas terminals is likely to be witnessed during forecast period. This, along with the existing demand-supply scenario is expected to boost revenue growth of the global oil and gas terminal automation market in the next 10 years. Growing emphasis on adoption of Wireless technology and Internet of Things (IoT) based terminal automation systems is anticipated to be witnessed during forecast period.

Growing concerns pertaining to cyber security and safety coupled with relatively higher initial capital investment associated with building a completely automated oil and gas terminal are likely to serve as impediments to growth of the global oil and gas terminal automation market between 2016 and 2026.

For critical insights on this market, request to ask an expert here @ https://www.futuremarketinsights.com/ask-question/rep-gb-197

Segmentation highlights

Global oil and gas terminal automation market has been categorically divided into key market segments based on category and regions. On the basis of category, the market has been segmented into software, hardware, and services segments. These in turn are divided into key sub-segments.

The Software category segment is projected to dominate the global oil and gas terminal automation market during the forecast period, accounting for a market share of nearly 38% in terms of value by the end of 2026. On the other hand, the hardware segment is estimated to witness 7.0% CAGR during forecast period to account for a market share of 33.7% in the overall oil and gas terminal automation market by 2026 end. Within the hardware segment, the HMI segment is likely to witness fast growth during 2016 –-2026.

Regional projections

The North America and Asia Pacific excluding Japan (APEJ) markets are anticipated to emerge the dominant regional markets in the global oil and gas terminal automation market throughout the assessed period. Asia Pacific is estimated to project 8.8% CAGR in the forecast period, 2016–2026. The oil and gas terminal automation market in countries in Eastern Europe is also likely to witness steady growth in the next 10 years.

For More Information or Query or Customization Before Buying, Visit: https://www.futuremarketinsights.com/customization-available/rep-gb-197

Vendor insights

The global oil and gas terminal automation market is dominated by a few top market companies such as Honeywell International Inc., Emerson Electric Co., ABB Group, Rockwell Automation, Inc., Yokogawa Electric Corporation, Siemens AG, FMC Technologies, Inc., and Schneider Electric SE. Certain key market companies are increasingly focussing on acquiring smaller players with specialised offerings – for instance, wireless technology based advanced systems – to better cater to the steadily growing global market demands so as to gain an edge over competition.

Note to Members of Press: Analysts who have compiled this report are available for interviews and quotes at press@futuremarketinsights.com

About Industrial Automation Division at Future Market Insights

The Industrial Automation & Equipment division at FMI adopts a novel approach and innovative perspective in analyzing the global machinery and industrial automation market. A range of FMI’s market research reports offer comprehensive coverage of capital, portable, process, construction, industrial, and special purpose machinery used across manufacturing sector. The team also conducts distinctive analysis about installed base, consumables, replacement, and USP-feature application matrix, making us a prominent voice of authority in the industry. We are associates of choice for established as well as budding industry

Global Barcode Printers Market Projected to Register a CAGR of 7.4% Between 2016 and 2026

[279 Pages report] The global Barcode Printers market is projected to register a CAGR of 7.4% in terms of sales over the forecast period of 2016 to 2026 primarily driven by factors affecting its end-use. Barcode printers are dedicated printing devices utilized for printing barcodes and product labels. Barcode printers differ slightly from traditional printers as these printers use different types of consumables to achieve a barcode print image. These printers are constructed in such a way that they can achieve clear machine readable barcode prints at a faster printing speeds with very low costs involved.

To remain ‘ahead’ of your competitors, request for a sample @ https://www.futuremarketinsights.com/reports/sample/rep-gb-1625

According to a recent market report published by Future Market Insights titled, “Barcode Printers Market – Global Industry Analysis & Opportunity Assessment, 2016-2026,” revenue generated from sales of barcode printers globally is estimated to be valued at US$ 2,758.0 Mn and pegged at 3,086.8 ‘000 units by 2016 end. It is expected to increase at a CAGR of 7.4% over the forecast period (2016–2026), to be valued at US$ 5,656.1 Mn by 2026 end. In terms of volume, the global barcode printers market is projected to be pegged at 5,384.3 ‘000 units by 2026 end, expanding at a CAGR of 5.7% over the forecast period.

Barcode printer is defined as an electronic device designed specifically for printing of barcodes. The working principle and built of a barcode printer is slightly different from computer printers as it uses ribbons and labels working in tandem to get a barcode printed. Barcode printers usually don’t have programmable logic controllers on their own, but rely on an external computer system.

Growth in the manufacturing sector is reviving after the 2008 economic crisis. Automation and streamlining of manufacturing processes are being adopted by a large number of manufacturing companies worldwide to reduce time and material wastage, thereby improving efficiency and output. Barcoding is one such technique that is increasingly being adopted. This process has reduced production time considerably in the manufacturing process, thereby driving demand for barcode printers.

Barcodes have become the de facto standard for product information storing and labelling. Retailers worldwide use barcodes for hassle-free recording of supplies and commodities and their sale to customers. Barcodes imprinted on labels are stuck to the products and they record information about the product count, date of manufacture, date supplied to the retailer, selling price, etc.

When these products are scanned, the information is retrieved and monitored. This entire process, which is achieved within a matter of seconds, not only increases efficiency but also minimizes errors. This has helped retailers record their products and inventory on shop floors and warehouses.

For critical insights on this market, request to ask an expert here @ https://www.futuremarketinsights.com/ask-question/rep-gb-1625

However, threat of RFID tags as substitutes to barcode labels and low compatibility of barcode printers with different operating systems act as restraints in the global barcode printers market.

Segmentation highlights

The market is categorically divided into six segments based on printer type, printing technology, consumables, application, distribution channel, and region. The printer type segment of the barcode printers market includes Desktop Barcode Printer, Industrial Barcode Printer, Mobile Barcode Printer and Others.

On the basis of printing technology, the market has been divided into Thermal Transfer, Direct Thermal, Dot Matrix, Laser and Ink Jet. On the basis of Distribution Channel, the market is segmented as Direct-to-End User, Direct-to-OEM, Dealer/Distributor and Systems Integrator. On the basis of application, the market has been divided into industrial/manufacturing, transportation/logistics, retail, healthcare, government and commercial services.

The Industrial Barcode Printer segment holds the highest market share of 46.1% closely followed by Desktop Barcode Printer in the Barcode Printers Market. The Industrial Barcode Printer segment is also expected to dominate in the forecast period with a CAGR of 8.3% due to a preference of sturdy and rugged barcode printers with higher productivity.
Thermal Transfer segment holds the highest market share amongst all with 62.8% and is expected to improve further in the forecast period owing to very less cost involved, while Dot Matrix, Laser and Ink Jet printing technologies are least preferred technologies and are on the verge of being phased out.
Dealer/Distributor is the most preferred supply channel and is expected to dominate in the future due to higher distribution efficiency, low supply costs and faster delivery times.

Regional projections

North America and Western Europe are the most promising regions for the growth of the market owing to higher preference of barcoding technology in different applications, while the market in the Latin America region is on a slow and stagnant growth due to low adoption of barcoding technology. The growth of the Barcode Printers market in APEJ region may also grow at a slower pace due to saturation and slow down of manufacturing sector in China.

For More Information or Query or Customization Before Buying, Visit: https://www.futuremarketinsights.com/customization-available/rep-gb-1625

Vendor insights

Major players identified in the Barcode Printers market are Zebra Technologies Corporation, Avery Dennison Corporation, Oki Electric Industry Co., Ltd., Toshiba TEC Corporation, and Honeywell International, Inc. committing a combined market share of over 50%. Other major players are SATO Holdings Corporation, Printronix, Inc. and TSC Auto Id Technology Co., Ltd. supplying to various end use industries and sectors.

About Industrial Automation Division at Future Market Insights

Shunt Reactor Market Evolves as End-users Turn to Renewables amidst COVID-19 Crisis : FMI

[300 Pages Report] Shunt reactor market is likely to grow at double-digit CAGR through 2030. North America is predicted to rule the global market for shunt reactors through 2030

The global sales for shunt reactors witnessed a minor slowdown in the Covid-19 crisis as all the factories were closed and supply of only basic necessity goods was permitted. Since the lockdown has been lifted up to improve economic conditions, the manufacturing companies are trying hard to gain traction and attract customers globally through innovative launches and technological upliftments in 2021.

To remain ‘ahead’ of your competitors, request for a sample @ https://www.futuremarketinsights.com/reports/sample/rep-gb-609

Major manufacturing companies including ABB, Siemens, Crompton Greaves, General Electric , Zaporozhtransformator, Toshiba (Japan), Mitsubishi (Japan), and Nissin Electric (Japan).are investing in the establishment of a strong distribution network to remain competitive in the shunt reactor market.

The growth of global shunt reactor market is linearly associated with energy demand worldwide, states a new study by Future Market Insights (FMI). Consumption of primary energy stood globally at 576 exajoules in 2019, with China, the US, and India leading the way.

Alerted by increasing carbon footprint, the industrial sector is rapidly investing in renewables, which made up for around 40% of worldwide growth in primary energy in 2019, finds the study.

The FMI report further opines that market players must innovate shunt reactors to meet the needs for power quality and voltage stability with grid integration of renewable energy sources.

Shunt Reactor Market Size Study

Air-core dry type shunt reactors to witness greater traction through 2030
Adoption of variable shunt reactors (VSR) to accelerate in near future
High demand for shunt reactors to come from industrial sector over following decade
Single phase shunt reactors to gain momentum
Market players to turn to Asia Pacific excluding Japan (APEJ) for potential growth avenues

“The networks for distributing and transmitting electrical energy is confronting new demands owing to changes in load structure and power generation. Both environmental and commercial drivers are contributing to this demand, so does power quality. As complexity of these systems is scaling up, adoption of shunt reactors is surging as they are reliable and cost-effective solution,” says analyst at FMI.

COVID-19 Impact on Shunt Reactor Market

The global demand for shunt reactors has been severely affected as over half of the global population is following stay-at-home orders, resulting in steep collapse in electricity consumption.

The International Energy Agency (IEA) reveals that consumption generally dropped by up till 20% for every month nationwide lockdowns continued. Usage in China – the first country to enact lockdown – fell by 6.5% during Q1 2020.

For critical insights on this market, request to ask an expert here @ https://www.futuremarketinsights.com/ask-question/rep-gb-609

Countries such as India, the US, France, and the UK witnessed demand fall by at least 15% during lockdowns, while electricity demand in Italy – during peak of COVID-19 outbreak – fell down by about 75% at times.

Although residential demand has scaled by up till 40% as customers are working from home, the upsurge is nowhere close to reversing the impacts of shutting down businesses, particularly in service sector.

Realizing depressed electricity demand, priority access to grids, and low operating expenses, several countries are turning to renewables. In the US, natural gas continues to lead the pack, followed by renewable, having outshone the contribution of coal-based power generation projects.

Share of renewables in India continue to rise in power mix, and the gap between coal and renewables has narrowed down during lockdown timeframe. In China, renewables are maintaining greater share in power mix after relaxation of lockdown measures. These trends will create fertile breeding for shunt reactor manufacturers in coming years.

Shunt Reactor Market – Competitive Intelligence

The global shunt reactor market is highly competitive, as leading players are striving to capture value at stake. Manufacturers are focusing on designing innovative solutions to serve diverse applications. For instance,

Trench Group develops air-core shunt reactors that stretch from small kVAr units for use cases including, limiting capacitor bank inrush, to large power reactors for myriads of use case including, shunt reactors that are over 100 MVAr per coil.
Zaporozhtransformator PJSC is developing magnetically controlled shunt reactors (MCSR) in order to implement flexible AC transmission systems (FACTS) projects.
Siemens AG has developed 100 MVAr variable shunt reactor for HOPS to address the challenges of excess reactive power regulation and high transmission voltages.

To Know More About Shunt Reactor Market:

A new market research report published by Future Market Insights (FMI) on the global shunt reactor market report offers comprehensive insights into the market demand trends and analysis of opportunities over the forecast period, 2020-2030. The report examines the shunt reactor market through five different segments – product, phase, rating, application and region. The shunt reactor market report also provides extensive assessment of pricing by different key market dynamics, life cycle analysis, and technologies that are being deployed in the manufacturing of shunt reactor and product adoption across several end-use industries

For More Information or Query or Customization Before Buying, Visit: https://www.futuremarketinsights.com/customization-available/rep-gb-609

About Industrial Automation Division at Future Market Insights