Market Research Blog

The global Radar & LiDAR technology for railways application market is expected to grow at 9.6% CAGR between 2021 and 2031, projects ESOMAR-certified consulting firm Future Market Insights (FMI).

Radar & LiDAR technology is gaining traction in railway and transportation sector as a part of train protection and collision prevention system. Increasing demand for radar and LiDAR sensors in smart railway systems will inflate the market growth.

Recent developments in technology used to control train traffic, track train routing and scheduling, and detect on-track pedestrian will support the radar & LiDAR technology for railways application growth.

Increasing government investment towards designing autonomous railway system especially in emerging economies and surge in demand for radar sensors will emerge as market drivers. Some of the leading companies are launching advanced LiDAR systems to offer higher resolution and improved accuracy. These attributes are considered extremely critical for tracking railway speed.

Mobile LiDAR equipments are capable of high speed mapping of rail corridors with rate of 1.1 Mn per second. This equipment is installed on a vehicle or train locomotive. As the vehicle moves the LiDAR perfectly maps the tracks and surrounding area.

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Incorporation of mobile LiDAR equipment in railways infrastructure project planning and development, along with construction, operations, maintenance, safety, and asset management will accelerate the market growth.

“Companies operating in the market are launching advanced solutions to improve rail collision prevention mechanism. Their efforts will elevate the market demand,” says the FMI analyst

Key Takeaways

• The global radar & LiDAR technology for railways application market is forecast to reach the valuation of US$ 4.98 Bn by the end of assessment period
• The U.S. radar & LiDAR technology for railways application market is anticipated to grow at 10.4% CAGR throughout the forecast period. Increasing government funding towards improving productivity will aid overall expansion.
• Rapid adoption of technology for producing digital railways system and increasing government initiatives towards developing high speed rail network will have positive influence on the U.K. radar & LiDAR technology for railways application market growth.
• China has been working extensively towards developing its railway infrastructure. With increasing research and development initiatives undertaken for digitization of railway system, impressive growth is on card for the China radar & LiDAR technology for railways application market.
• Integration of cloud based traffic planning solutions with railways and track management system will fuel the market growth during the upcoming years.
• Increasing demand for safe protection system, reliable scheduling and tracking of trains along with their positioning has perpetuated the radar & LiDAR technology for railways application market demand.

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Competitive Landscape

According to the study by Future Market Insights, market leaders are employing various inorganic and organic marketing strategies to deepen their market penetration into emerging markets.

Growth strategies include new product development and product launches to strengthen their market position. They are also participating in strategic merger and acquisition to strengthen their footprint.

For instance,

• A new LiDAR sensor was launched by Bosch in July 2020. The working of the sensor is to calculate the distance between target objects by illuminating them with laser light and measuring the reflected pulses. It is capable of detecting objects within 250m range and can recognize 24 objects simultaneously. It is incorporated in railways as a safety and monitoring system.
• PPC-10G (70/80 GHz), a wireless radio was inspected by ELVA-1in October 2020 for train-to-ground connectivity. The system is developed to solve the problem of providing high-speed trains with a broadband Internet connection on straight sections of the railway.
• Hupac Intermodal launched Train Radar, a device which provides real-time train running information in January 2020. It makes real-time tracking and accessing ETA information very comfortable. It gives fast and accurate information regarding the intermodal transport management.

Some of the leading companies operating in the market are:

• Radarxense BV
• Radar Vision
• Earth Radar Pty Ltd
• Bosch Mobility Solutions
• Navtech Radar
• ELVA-1
• DEUTA-WERKE GmbH
• Hupac Intermodal
• BlackBerry Limited
• Leica Geosystems AG
• Trimble Inc.
• RIEGL Laser Measurement Systems GMBH
• SICK AG
• Quantum Spatial
• Velodyne Lidar
• YellowScan
• Phoenix LiDAR Systems
• XenomatiX
• IDS GeoRadar (Hexagon)

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More Insights on the Global Radar & LiDAR technology for railways application Market

Future Market Insights, in its new offering, provides an unbiased analysis of the radar & LiDAR technology for railways application market, presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the radar & LiDAR technology for railways application market with a detailed segmentation on the basis of various parameters. These include:

• Radar Technology
  • Radar Sensor Modules
    • Speed Measurement Radar Sensors
    • Distance Measurement Radar Sensors
  • Service
    • Integration & Installation Services
    • Support Services
• LiDAR Technology
  • Devices
    • Mobile LiDAR Scanners
    • Aerial LiDAR Drones
    • On-board LiDAR Sensors
  • LiDAR Processing & Mapping Software
  • Services
    • LiDAR Survey & Mapping Services
    • Consulting Services
    • Support Services

Application

• Railway Track Faults Detection
• Rail Collision
• Pedestrian Detection
• Train Tracking & Control

Region

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

Key Questions Covered in the Report

• How will the market radar & LiDAR technology for railways application expand through 2031?
• Which top manufacturing companies are leading the global radar & LiDAR technology for railways application market?
• What are the key drivers and trends that will stimulate the radar & LiDAR technology for railways application sales?
• What are the challenges that will affect the sales of radar & LiDAR technology for railways application market?
• Which region will remain the most lucrative throughout the forecast period?
• What is the impact of COVID-19 on radar & LiDAR technology for railways application market?

The pet travel services market size is projected to expand to a valuation of US$ 2.09 billion in 2023 and is projected to exhibit a compound annual growth rate (CAGR) of 10% from 2023 to 2033 and reach US$ 5.42 billion in 2033.

Most people owing pets treat them as their companion and they love to travel with their pets and explore various destinations worldwide. Nowadays, pet travel services are growing at a rapid pace as there has been an increase in pet adoption rates across the globe.

Thus, it’s a great option for those people who want to travel and experience new destinations with their pets. Moreover, with the increase in the number of travelers with their pets, there has been a growing number of pet-friendly hotels and travel destinations across the globe.

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Global Pet Travel Services Market: Market Dynamics

While adopting a pet the responsibilities towards their pet owner surges and whatever pet owners consider important for living comfortably, they also want it for their pets. This is a major reason why they do not hesitate in spending for the well-being of their pets and are willing to spend more on luxuries and various activities like traveling, grooming, and many others.

Millennials, who account for a majority of pet owners, also think that pets deserve the same treatment as small children and many millennials, summertime means a time to kick back and relax on vacation and pamper their pets. This is one of the primary factors driving the demand for pet travel services market worldwide.

Trends for Pet Travel Services Market

With the increase in the number of pet travelers the pet travel services had become a vital part of and have a significant contribution in the travel industry. Further, to avoid the uncertainties with their pet’s people are increasingly opting for pet insurance too. The concept of pet insurance is quite famous in western countries, but it is new for the developing and emerging economies.

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Opportunities for Pet Travel Services Market

The opportunities for pet hotels are growing with the increase in the number of travellers with their pets. According to the American Pet Products Association, approximately US$ 50 billion is spent by Americans per annum on their pets and 27% of American pet owners admit to having had professional photographs taken of their pets.

Moreover, many luxury hotels also provide pet day-care services and playtime which helps the pet hotels to attract pet lovers by providing services like pet minibars, pet walking services dedicated to pet parks which would help to boom the pet travel service market.

Challenges for Pet Travel Services Market

Current Covid-19 outbreak resulting in challenges of growth of pet travel services. As it has been seen that many countries like China, The United Arab Emirates, India, Sri Lanka, and many others have taken steps regarding pet travel services to stop the spread of the virus.

For instance, pets traveling from or into the United Arab Emirates must have annex signed by a veterinarian stating that the pet had not been in contact with any humans or animals infected with COVID-19. Thus the market is facing growth challenges in the present scenario.

Global Pet Travel Services Market: Key Players

Some of the key players operating in the global pet travel services market are

• International Pet and Animal Transportation Association (IPATA)
• PetSino Happy Tails Travel Inc.
• Fly Pets PetRelocation Inc.
• Pet Travel Inc.
• Air Animal Inc.
• World Pet Travel
• Pet Air Carrier LLC
• Pacific Pet Transporters
• Animal Motel
• Animal Airways
• RoyalPaws
• Animal Travel
• Global Paws
• PETport
• Airvets.com

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Pet Travel Services Market: Regional Outlook

The pet travel services market classified into seven key areas: Europe, Latin America, North America, East Asia, Oceania,  South Asia, and the Middle East & Africa. North America is leading the market followed by Europe and the Asia Pacific in the pet travel services market with an increase in the luxury facilities across the globe is expected to propel the pet travel services market.

Global Pet Travel Services Market: Market Segmentation

This Content Protection And Watermarking market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Content Protection And Watermarking market.

Content protection and watermarking solution provide an extra layer of security and preservation for the content protection and watermarking chain to deter unapproved use of content protection by embedding watermarks identifying permitted use of content in music or movie soundtrack preceding to theatrical, media (DVDs, Blu-ray Disks) and digital online distribution. During playback and copying of material, devices read the watermark. If the watermark suggests unlawful use, the playback and copying will be halted, or the audio will be silenced, and an explanatory message may be displayed.

There is no denying that safety of content is more crucial than ever. It is also difficult to refute that the safest alternatives are generally the least straightforward, impeding workflows and promoting workarounds in turn. As it is understandable, what’s the best safety practices among them are watermarking, but costs and complications often stop creators of content from applying them efficiently. The quantity of material generated may explode exponentially, but so is the spectrum of techniques to help this increase. This e-book seeks to examine the tradeoffs submitted by the presently accessible watermarking alternatives and why the tradeoff between safety and user-friendliness may no longer be a compromise.

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Content Protection and Watermarking Market: Competition Landscape

Content protection and watermarking market are crucial as it offers digital watermarking technology in a mobile environment. Some of the prominent players providing content protection and watermarking market is castLabs, Adobe Systems and among other content protection and watermarking market participants.

Content Protection and Watermarking Market: Regional overview

Based on the region, a lot of leading players of content protection and watermarking are based in North America as there are rising concerns about data loss and theft which drive the growth of content protection and watermarking market, as well as local players are also present in the region for content protection and watermarking market. Moreover, the popularity of over-the-top content in the North America region has boosted several major and regional players to initiate content protection and watermarking solution.

Moreover, with technological advancements & innovative features in the Asia Pacific Excluding Japan is creating high demand for the content protection and watermarking market in the respective region, which encourage market players to expand their market share. For example, The Digimarc Quality Management System (QMS) includes software for quality control, resources for internet instruction, and technical requirements. For media organizations and printers, the extensive data validation scheme is a quick and straightforward way to print Digimarc Barcode correctly and show this achievement to clients. Besides, many companies started to adopt content protection and watermarking as high demand for privacy and security constraints in the region.

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

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

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Content Protection and Watermarking Market: Segmentation

The content protection and watermarking market has been segmented based on application, and industry.

Anti-ageing skin care products are gaining popularity among consumers day by day owing to increasing awareness about the personal grooming as well as the fear of looking old. Glycine soja (soybean) seed extract is used in the skin care and anti-ageing creams which enables the creams to get the property of anti-ageing. Origin of glycine soja (soybean) seed extract is from East Asia and which is obtained from the beans of the wild soybean plant. Glycine soja (soybean) seed extract is a powerful antioxidant and anti-inflammatory agent for the skin. Glycine soja (soybean) seed extract has vitamin E, allowing it to protect the skin from free radial damage and reduce the effects associated with the aging process such as wrinkles and fine lines.

Consumers and mainly females are very much concerned about their looks when it comes to fine lines and wrinkles on their skin and face which is one of the driving factor of demand of this ingredient in cosmetic and skin care products. Glycine soja (soybean) seed extract is also capable of reducing cellular damage caused by ultraviolet rays of the sun. Glycine soja (soybean) seed extract is rich with many natural chemical components which is used as ingredient for skin care products and, one of which is known as Genistein. Genistein promotes a more youthful appearance. Anti-ageing products by men and women are in demand and ingredient extracted from soybean is very much popular for anti-ageing product manufacturing from last decade.

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Glycine Soja (Soybean) Seed Extract Market: Regional Outlook

East Asia is the origin region for glycine soja (soybean) seed extract where the product is being extracted as by the botanical name of soybean seed. East Asia and Europe have lot of players of cosmetic ingredients and market is quite mature market for cosmetics ingredients as well as cosmetic manufacturers importing ingredients such as emollients and moisturizing products. Europe market for cosmetic ingredient in Europe region is growing due to high demand for cosmetic and beauty care products. Along with that, Japan is experiencing a similar scenario as of Europe. South Asia market for glycine soja (soybean) seed extract is forecasted to be the most emerging market due to its high population growth and increasing awareness about the personal grooming. The glycine soja (soybean) seed extract market in North America is estimated to exhibit growth with increasing awareness about the natural and organic ingredients in beauty and personal care products.

Glycine Soja (Soybean) Seed Extract Market: Key Players

Some of the major players in the glycine soja (soybean) seed extract market Global Essence, Grau Aromatics, Symrise, Bellatorra Skin Care LLC, Natural Solution, The Organic Pharmacy Ltd. and Lucas Meyer Cosmetics among others. These key market players are estimated to enhance Glycine Soja (Soybean) Seed Extract market growth with innovative product formulations and its launch.

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 categories such as market segments, geographies, types, technology and applications. The report covers exhaustive analysis on:

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

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Glycine Soja (Soybean) Seed Extract Market: Market Segmentation

The glycine soja (soybean) seed extract market is segmented into application, form, sales channel, and geography.

This Battery Operated Lights market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Battery Operated Lights market.

Battery operated lights are the efficient option of lighting that do not need direct wiring. Battery operated lights often considered as energy efficient lights with simple installation and set-up process. These lights can be used inside home to illuminate or can be used in stairs or outside area of the house. There is also significant usage can be seen in commercial places or shops. These lights are portable, easy to install at any place which is the primary reason for its popularity.

Battery operated lights also used as permanent and temporary lighting. Some battery operated lights which are fixed or mounted on wall or ceiling are permanent and lights are used as seasonal or festive lights which are temporary lights. The demand for battery operated lights are growing due to its energy efficiency, portability and easy installation. Technological advancement in lighting sector also helps in demand generation for battery operated lights. These lights can be used in home, office, car, camper etc. LED lights are primarily used in most cases for battery operated lights. The wireless battery operated lights are now in trend and attracts the attention of consumers in the lighting category. Growing demand for wireless technology has also give a boost to the wireless battery operated light segment.

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Battery Operated Lights Market: Market Dynamics

Increasing popularity of portable lights, energy efficiency, and advancement in lighting industry drives the demand for battery operated lights. Intelligent lighting and LED technology are the current trends to observe in lighting industry which has a direct impact on battery operated lights market. The battery operated lights market gains popularity due to its energy efficiency and competitive pricing in the lighting market.

Manufacturers of battery operated lights are now coming with latest launches with new features such as active thermal protection, flicker-free smooth dimming, improved optical systems etc. In recent time, manufacturers are more focused on new innovations. As an example, the manufacturers have produced color stay shampoo which is sulfate-free and free from skin irritation. Growing usage of battery operated lights manufacturers are primarily divided into two categories. The seasonal or temporary battery operated lights manufacturers’ concentration mostly seen in Asia Pacific due to high presence of Chinese players whereas permanent battery operated lights manufacturers are primarily based in USA.

Battery operated lights manufacturers are focused on building an effective sales and distribution channel as a part of their sales strategy and as an implementation, they have been focusing on online sales channel. The lighting industry has been developing since past years due to the advancement in lighting sector such as energy efficient lighting, smart lighting, human centric lighting and LiFi technology. Growing consumer awareness about environment and light’s durability has pushed the manufacturers for production of LED lighting and other lighting technological lights.

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Battery Operated Lights Market: Regional Outlook

The battery operated lights market is expected to perform a steady growth across all the geographies during the forecast period. Use in residential and commercial segments are likely to push the sales of battery operated lights market. Moreover, availability on e-commerce sites also drive the sale of battery operated lights. North America and Europe holds a significant share of battery operated lights market due to better technology infrastructure, growing awareness about energy efficiency, government’s initiative and incentive schemes drive the battery operated lights market in developed regions.

Government’s offer on incentives and rebate scheme on replacement of traditional lamps with LED products further boost the battery operated lights market. The federal government of United Sates offers this number of incentives and government rebates while Europe has also taken initiative as Europe 2020 plan as European Union’s energy policy. Emerging countries such as China, India have larger population in comparison to other countries. China’s Elcoma visison 2020 and India’s UJALA scheme are the initiatives taken in this way. These initiatives or approaches to promote LED lighting further boost the battery operated lights market.

Battery Operated Lights Market: Key Players

Some of the key players operating in the global battery operated lights market Philips, General Electric, QTOP USA, MR Beams, BelloLite, American Lighting, Inc., Lighting EVER (Home EVER Inc.), S4Lights, and Others

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Battery Operated Lights Market: Market Segmentation

The battery operated lights market is segmented into different parts based on the technology, product price, end use, and sales channel.

The global workstation software market is forecast to reach the valuation of US$ 28.77 Bn by the end of 2031, as per a study by Future Market Insights (FMI). Computer aided design helps in increasing productivity and undertake mission critical applications. Growing demand for custom built workstations for heavy duty applications such as 3D modeling and product life cycle management will elevate the market growth, evaluated ESOMAR-certified consulting firm Future Market Insights.

According to the study, workstations are found most effective when used in parallel processing to run heavy workloads of multiple sizes. They are capable of handling multi layer graphics, 3D virtual reality applications and fluid dynamics which requires extensive computing power. The versatility of workstation will positively influence the workstation software market growth.

“Growing popularity of 3D design and animation software in engineering and manufacturing industries will intensify the workstation software market demand”, remarks the FMI analyst. 

Key Takeaways

• Digital content creation sector is experiencing tremendous growth with the incorporation of smart technologies. It is forecast to grow by 25% by 2026 end.
• Flourishing IT, architecture and manufacturing sector in US has fueled the market workstation software market growth.
• UK workstation software market is anticipated to expand at 16.2% CAGR by the end of forecast period 2021-2031. The growth is driven by surging demand from automotive manufacturers and development in media and advertising domain.
• Lofty government investment towards advancement in cloud computing and digital transformation along with early adoption towards virtual computing drives the market growth in China.
• India is a promising prospect regarding workstation software market. Increasing adoption of 3D modeling and rendering technology in construction industry will drive the workstation software market sales.

Prominent Drivers

• Rising popularity of gaming culture has lead to development of high quality graphic games paving way for workstation software market growth.
• Surging demand for image editing, web content creation and video editing with special effects has led to increase in workstation software market demand.
• Adoption of computer aided design and graphics design and other system heavy applications which require multiple gaming processing units and rams will boost the market growth.

Discover more about the workstation software market with figures and data tables, along with the table of contents. You will also find detailed market segmentation on https://www.futuremarketinsights.com/reports/workstation-software-market 

Key Restraints

• Fluctuation in software performance and limited customization for gaming will hamper the market sales.
• Unavailability of custom models for job specific applications like engineering will impede the market growth.
• High upfront cost of workstation coupled with very niche market base hinders the market growth.

Competitive Landscape

Leading players profiled by FMI operating in workstation software market include Autodesk, Inc., Unity Technologies, Virtuix, Microsoft Corporation, GIMP, Survios, Enscape, Skylum, Fujitsu, Adobe Inc., Corel Corporation, Dassault Systèmes SolidWorks Corporation, SubVRsive Inc., Luxion Inc, MAXON COMPUTER GMBH.  According to FMI, the tier -1 market players like Autodesk, Inc., Fujitsu, Adobe Inc, and Microsoft Corporation dominate the workstation software market holding nearly 40% of global market share. They emphasize on product launches, strategic acquisitions and collaborations and developing their distribution network. Tier-2 and tier-3 market players which hold below 15% market shares are focusing on business expansion and new market penetration.

In June 2020, Autodesk Inc launched “Autodesk Takeoff” which assists the designer to perform 2D and 3D designing estimations from common data reservoir to improve speed and accuracy during the quantification process.

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More Insights on FMI’s Workstation Software Market

Key Segments Covered:

By Workstation Software

• 3D Modeling & Rendering Software
• CAD, CAM and CAE Software
• Virtual Reality (VR) Software
• Image and Video Processing Software

By End User

• Engineers, Designers and Architects
• Enterprise Software Developers
• Gaming and Entertainment
• Media and Publishing

Agricultural testing services are defined as the testing of numerous samples including soil, water, seed, etc., to measure contaminant content and quality. Agricultural testing services helps in examining the suitable input necessities and resources to be added for the optimum plant growth. Along with that, measuring the impurity level, testing helps in measuring configuration, and other characteristics for example, the pH level or acidity of the given sample. The soil test is useful for determining the fertility level and need for trace components of a given soil type. The agricultural testing services can act as an advantage for the commercialized agriculture field and farming community.

Agricultural Testing Services Market: Key Dynamics

Increasing demand for agricultural productivity and environmental safety is fueling the growth of the market

The agricultural testing services market is a high growth sector as it is becoming popular in developing and commercialized regions. Agricultural testing services has become common in commercialized agriculture countries in order to continue the export growth of agricultural merchandises. However, the increasing demand for agricultural testing services in developing countries like China, India, and Brazil and further technological advancements are anticipated to fuel future growth opportunities for the agricultural testing services market. Stringent regulations for agricultural productivity and environmental safety have been one of the prominent driving factors for the agricultural testing services market growth.

• The United States Department of Agriculture (USDA), the Food and Drug Administration (FDA), and the Environmental Protection Agency (EPA) work to ensure that crops made through genetic engineering for commercial usage are properly studied and tested to make sure they pose no significant risk to the environment or consumers.
• The key restraints hampering the growth of the agricultural testing services market are time consuming preparation of an extensive sample for testing, along with high cost associated with the process.

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Global Agricultural Testing Services Market: Regional Overview

On the basis of the geography, North America is projected to hold significant market share in agricultural testing services market. The countries in North America, such as US and Canada have witnessed growth in agriculture automation technology and testing services. To increase production of nutritious food and to develop the growth of agricultural merchandises, the agricultural testing services are massively adopted in these regions. Hence, North America is estimated to witness a high growth in agricultural testing services market in the forecast period.

The market share of the agricultural testing services of North America is followed by European countries. The countries in Europe such as France, Germany, and Italy have large number of agricultural fields and greenhouses which fuels the growth of agricultural testing services market. Furthermore, Asia Pacific Excluding Japan is projected to witness high growth in the field of agricultural testing services owing to rising consumption of healthy and nutritious food which requires testing of crops at the right stage. In Middle East & Africa, the growth rate of the agricultural testing services is moderate owing to an increase in investments by the government in the field of agriculture.

The agricultural testing services market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and 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 segment. The market report also maps the qualitative impact of various market factors on market segments and geographies.

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Global Agricultural Testing Services Market: Competition Landscape

Some of the prominent players in the global agricultural testing services market are SGS SA, BEREAU VERITAS, Intertek Group plc, AGQ Labs USA, Logan Labs, LLC, Kinsey Ag Services, Eurofins Scientific, Lilaba Analytical Laboratories, AgroCares, NRM Laboratories, OMIC USA Inc., Pramukh Laboratory, Akshar Analytical Laboratory & Research Center, Polytest Laboratories, Interstellar Testing Center Pvt. Ltd., Cope Seeds & Grain, Agri-Labs, Inc., Waters Agricultural Laboratories, Inc., AgroLab, J. K. ANALYTICAL LABORATORY & RESEARCH CENTRE , A&L Great Lakes., and National Agro Foundation.

Agricultural Testing Services Market: Segmentation

The global agricultural testing services market has been segmented on the basis of service type, analysis type, end user, and region.

ESOMAR-certified Future Market Insights’ recent report on the head mounted display (HMD) market forecasts a healthy growth outlook through 2021 and beyond. As of 2020, the market registered the growth of 16.1% CAGR, which was primarily bolstered by the increasing adoption of AR/VR technologies in gaming and media & entertainment industries. Future projections indicate a positive forecast, CAGR exceeding 25.9% through 2031.

According to the study, warfare simulations, tactical augmented reality, situational awareness, and many other advantages are provided by HMDs. These aforementioned factors are key drivers increasing the application of HMDs in aerospace and defense sectors. Integration of 5G technology and the need to create Synthetic Training Environment for defense training is boosting the growth of head mounted display market.

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Apart from the aerospace and defense industry, the incorporation of AR/VR in HMDs has increased the usage in various industrial applications such as gaming, virtual shopping, automotive, remote education and many more. Hence, fuelling the demand.

“Advanced technology coupled with the integration of AR/VR in various sector such as education, gaming, military & defense, e-commerce and many more is bolstering the growth of head mounted display market,” remarks the FMI analyst.

Key Takeaways

• Eye wear segment is expected to register a growth of over 30.2% CAGR during the forecast period
• Increasing application in gaming and media & entertainment is expected to remain dominant
• By type, slide-on HMD is anticipated to prevail over other segments through 2021 and beyond
• United States is expected be one of the most lucrative market backed by the rise in gaming industry & defense sector
• UK is likely to reach a valuation of over US$ 5759.6 Mn by 2031-end to expand at 32.7% CAGR
• India to register a growth of over 35.9% CAGR during the forecast period backed by government initiatives to develop AR/VR technologies
• China is leading the East Asia HMD market followed by Japan and South Korea

Prominent Drivers

• Higher adoption of HMDs in gaming, healthcare and defense sectors is a key driver for the market growth
• Increasing adoption of AR and VR technologies is fuelling the demand of HMDs
• Surge in demand for lightweight HMDs and portable devices is stimulating HMDs sales

Key Restraints

• Lack of standardization and limited battery life is posing a challenge for the market growth
• Unavailability of proper knowledge of HMDs is expected to cause a restrain

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Competitive Landscape

Amcor PLC, Berry Global Group Inc., Gerresheimer AG, Comar LLC, Graham Packaging Company, Maynard & Harris Plastics, Alpha Packaging Inc., O.Berk Company LLC, CL Smith, Aaron Packaging Inc., and Clarke Container Inc. are some of the companies profiled by Future Market Insights. Leading players are reliant on the strategies such as product development, mergers and acquisition to strengthen their position in the market.

For instance, on February 25^th 2021, the Indian Ministry of Defense announced that the army is in the process of procuring 556 AR head mounted display systems. The Indian Army will acquire the ARHMD systems under Make-II Category. AR head mounted display serves as an enhancement to land-based air defense weapon systems such as the IGLA shoulder-fired Infrared Homing Air Defense Missile System and the ZU 23mm 2B AD Gun System.

Also, in October 2020, WiMi Hologram Cloud Inc., a leading augmented reality provider announced the launch of its new Mixed Reality HMD product “WiMi Hologram Soft Light”.

Key Segments Covered of the Head Mounted Display Market

Product Type

• Head Mounted
• Eyewear

HMD Type

• Discrete HMD
• Integrated HMD
• Slide-on HMD

Application

• Gaming, Media,& Entertainment
• Aerospace, and Defense
• Healthcare and Medical Devices
• Engineering & Industry Applications
• Education
• Others

Increasing adoption of hypervisor based virtualization over conventional cloud system software and container-based virtualization in the field of computing, which drive developments in the virtual machine industry. The global virtual machine market is estimated to reflect an exponential growth rate of over 15% CAGR during the assessment period from 2021 to 2031. Increasing demand for cloud computing solutions will support developments in the market through the coming years. Data management applications in retail, telecom, government, and information technology sectors are also aiding the development and sales of virtual machine products.

The global virtual machine market is expected to reach a valuation of US$ 119.89 Bn by 2031. Increasing adoption of heavy applications among organizations and rise in cloud computing technologies across the globe has fuelled the demand for virtual machine systems and solutions. Moreover, virtual machines enables time and money saving for businesses.

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“A prominent driving factor for the rapidly growing virtual machine market is the growing perception on the scope of how technology can be deployed in multiple industry settings. While earlier versions of server virtualization software were largely used as a viable avenue for test & development and server consolidation, newer products are gaining ground for utility computing applications,” says the FMI study.

Virtual Machine Market – Primary Takeaways

• Efforts to improve on business agility with devices on multiple OS drives adoption in small and medium enterprises.
• VMware, Huawei and IBM accounts for close to 90% of the global market, with commoditization and saturation being key influencers.
• The presence of leading cloud computing service providers contributes to the share of the US market.
• India and UK are high potential markets owing to the presence of major international IT firms and data centers.

Virtual Machine Market – Growth Factors

• Advantages in terms of storage on demand and scalability of operations for rapid data recovery drives growth.
• Wide scope of applications in multiple end use industry is a major factor supporting adoption in the market.
• Organizational device management improvements allowing simultaneous operations on thousands of devices will boost developments in the sector.

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Virtual Machines Market – Major Constraints

• Virtualization resource distribution and backwards compatibility issues are challenges for developers.
• Problems with reliability for security and backup in interoperable devices holds back development options.

Expected Impact on Market by Coronavirus Outbreak

The players participating in the virtual machine market have found key opportunities for growth associated with the onset of the coronavirus pandemic. Lockdown restrictions on human movement and the resultant popularity of work from home practices and the demand for cloud services have bolstered operations in the industry. Remote integration of organizational data operations has driven demand.

Growth is likely to continue through 2021 as cloud deployment continues to gain importance. The virtual machines market will witness substantial opportunities for growth in the near future, supported by changes in operational robustness and security standards, with software development opportunities arising from mobile device applications.

Competition Landscape

Prominent manufacturers taking part in the virtual machines market include but are not limited to Parallels Inc., Microsoft Corporation, Proxmox Server Solutions GmbH, VMware Inc., Huawei Technologies, Amazon Web Services Inc., Citrix, Google, Hewlett Packard Enterprise, IBM Corporation, Alibaba Group, and Oracle Corporation.

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Market leaders in the virtual machine market are pushing for product development efforts to improve functionality, with strategic collaborations gaining ground for superior development capabilities and expertise.

NVIDIA and VMware in March 2021 announced the release of their joint AI-ready virtual machine enterprise platform, with transfer learning with accuracy in smaller data set models. Further, Microsoft Corporation announced the launch of a new Azure module for virtual machine operations with signed and verified bootloaders, based on Virtual Trusted Platform Module standards. Linux released its new Virtual M68k Machine patches based on Goldfish interface, which will come with QEMU side support with the 6.0 version in patch form.

Key questions answered in the report

• How will Virtual Machine market expand until 2031?
  FMI projects the global virtual machine market to register a CAGR of 19.7% between 2021 and 2031. Increasing adoption of cloud computing services across small and mid-sized enterprises is expected to drive the growth.
• Which is the most lucrative region in the global virtual machine market?
  North America is the most lucrative region in the global virtual machine market and the trend is likely to continue in the near future. Within the region, the demand from the U.S. is expected to be higher.
• Who are the leading players in virtual machine market?
  Some of the leading players operating in the global virtual machine market include Microsoft Corporation, Amazon Web Services, Google, IBM corporation, and among others.
• Who are the leading end users of virtual machines?
  Healthcare and manufacturing sectors together are expected to account for over half of sales in the market through 2031.

The global citrus seed market is forecast to expand at 6.3% CAGR between 2021 and 2031, projects ESOMAR-certified consulting firm Future Market Insights (FMI).

Citrus seed is becoming popular among the vegan population as it is plant based and has high amount of vitamin C and vitamin K, which are immunity boosters. Citrus seed also contains vitamin B12 group and magnesium which help in faster recovery from any infection. A surge in demand is seen from cosmetic and personal care sector owing to collagen boosting properties of citrus seed extracts and increasing customer preference towards organic and natural skincare products. Citrus seed is considered a rich source of folic acid and ascorbic acid along with no cholesterol, no sodium and no fat. Such healthy properties of extracts have made citrus seed oil extremely popular among fitness enthusiasts.

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According to report published in 2016 by Food and Drug Administration, a GRAS notice was passed stating that glycerin citrus extract is safe for human consumption. Increasing participation among market players towards researching and developing new citrus extracts will further fuel the market growth.

“Research has indicated that the citrus seed oil is beneficial for cardiovascular complications and skin lubrication as it has low sugar and fat content. Increasing demand of citrus seed oil in medication and cooking purpose will give tailwinds to the demand registered in the market,” says the FMI analyst

Key Takeaways

• Brazil is anticipated to offer lucrative growth opportunities owing to availability of optimal climate conditions for citrus fruits production and increasing tourist footfall.
• Adoption of modern technology in Japan for producing high quality citrus seed oils will have positive influence on growth.
• India with more than 25% of the APEJ citrus seed market share is anticipated to emerge as a lucrative market over the assessment period on the back of increasing demand for organic liver detoxification and blood purification products.
• Rising customer inclination towards healthy eating habits will enable market expansion in the U.S. during the forecast period.
• Increasing demand for plant-based food and supplements among the population in South Africa will act as a key driver for citrus seed market growth.

To maintain their competitive edge and ensure consistent growth, companies are employing certain marketing techniques like promoting organic products, biologically safe packaging, and eco friendly packets.

Companies heavily rely on export to strengthen their global foothold. They also focus on selecting suitable distributional partners and mediums and using ecommerce to reach the consumers.

Companies with deep pockets can setup new production facilities in high performing regions to increase their revenue growth.

Some of the leading companies operating in the market are:

• Lemon Concentrate S.L.
• Citrosuco S.A.
• Louis Dreyfus Company B.V.
• Yantai North Andre Juice Co. Ltd.
• Sucocitrico Cutrale Ltd.
• Citromax Group
• Peace River Citrus Products
• Rio Grande Juice Company
• Vita-Pakt Citrus Products
• Panteley Toshev Ltd
• Tangshan Eusa Colors Int’l Group (EUSA COLORS)
• Presque Isle Wine Cellars
• Parchem Trading Ltd.

Citrus Seeds Market by category

By Nature

• Organic
• Conventional

By Application

• Animal Feed
• Oil Extraction
• Dietary Supplements
• Personal Care and Cosmetics
• Household/Retail
• Others

By Sales Channel

• Direct/B2B
• Modern Trade
• Specialty Store
• Online Retailers
• Other Sales Channels

By Region

• North America
• Latin America
• Europe
• Japan
• APEJ
• Middle East and Africa (MEA)

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Key Questions Answered in the Report

• Which is the Most Lucrative Citrus Seeds Market?
  Latin America currently leads the global market for citrus seeds. Sales in Latin America are expected to be over 25% of total global demand throughout the forecast period.
• Which Is The Preferred Nature Of Citrus Seeds?
  Conventional citrus seeds are expected to be the preferred segment in the global citrus seeds market, accounting for a share of more than three quarters. Conventional methods have standardized formats which ensure low cost of production as well as minimum wastage.
• Which is the Key Application of Citrus Seeds?
  Oil extraction processing has emerged as the key application in the citrus seeds market. It is expected to grow at a CAGR of 5.7% between 2021 and 2031. This is owing to the reason that large demographics are now conscious of health and are taking supplements for enhancing performance and endurance.