Global Agricultural Testing Services Market Share Estimated to Reach USD 10.6 Billion by 2033, Surging at a Decent 7.5% CAGR

The global agricultural testing services market was expected to generate an absolute monetary opportunity of more than USD 5.1 billion in 2023. Sales of agricultural testing services are expected to grow with a CAGR of roughly 7.5% projected from 2023 to 2033. The demand for agricultural testing services is predicted to exceed USD 10.6 billion by the end of 2033, owing to the increasing inclusion of new technology for soil and fertilizer assessment.

Numerous evaluation processes are used in agricultural testing services to determine the integrity and contaminant content of samples including soil, water, fertilizers, seeds, and others. Further, these testing services aid in the examination of soil fertility, nutrients, and other acceptable inputs required for crop growth.

In recent years, there has been a significant increase in the world population, an increase in the introduction of innovative food products, and an increase in the consumption of fruits, vegetables, legumes, and other foods. As a result, governments in several nations are progressively implementing a variety of projects aimed at raising the creation of high-quality crops and improving agricultural productivity to meet rising food demand.

According to FMI, North America is expected to have a significant growth in the worldwide agricultural testing services market between 2023 and 2033. Across North America, multiple governmental and environmental protection groups are implementing severe laws aimed at increasing agricultural productivity and environmental safety, creating a high need for assessment solutions.

Key Takeaways:

  • The market expanded at a CAGR of 6% during the last five years.
  • In 2022, North America held a 35% market share.
  • In 2022, the United States captured 25% market share.
  • India’s market is predicted to expand at a CAGR of 7%.
  • China’s market is expected to increase at a 7.3% CAGR.

Competitive Landscape:

  • In February 2023, Hill Laboratories established a cooperative agreement with Merieux Nutrisciences. The Hill Laboratories team might collaborate with the Mérieux NutriSciences team of professionals to provide New Zealand food industry with comprehensive food safety testing and inspection solutions.
  • In November 2022, SCS Global Services launched its most recent plant-based accrediting scheme. This program has an ANSI-accredited standards development organization that distinguishes plant-based products based on severe auditing, assessment, and labeling norms.

Key Players:

  • Intertek Group plc
  • Waters Agricultural Laboratories, Inc.
  • Cope Seeds & Grain
  • National Agro Foundation
  • BUREAU VERITAS
  • AGQ Labs USA
  • Lilaba Analytical Laboratories
  • Interstellar Testing Center Pvt. Ltd.
  • Polytest Laboratories
  • SGS

Valuable Insights:

Future Market Insights, in its new offering, presents an unbiased analysis of the global agricultural testing services market presenting a historical analysis from 2018 to 2022 and forecast statistics between 2023 and 2033.

The study reveals essential insights By Service Type (Soil Testing Service, Seed Testing Service, Water Testing Service, Fertilizer Testing Service), By Analysis Type (Physical Analysis, Chemical Analysis), By End User (Farmers, Agriculture Consultant, Fertilizers Manufacturers, Research Bodies) & Region.

Key Segments in the Agricultural Testing Services Market:

By Service Type:

  • Soil Testing Service
  • Seed Testing Service
  • Water Testing Service
  • Fertilizer Testing Service

By Analysis Type:

  • Physical Analysis
  • Chemical Analysis

By End User:

  • Farmers
  • Agriculture Consultant
  • Fertilizers Manufacturers
  • Research Bodies
  • Others

By Region:

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

Access Report Details for More In-Depth Information!

Author:

Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.

His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.

Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Global Drain Cleaning Equipment Market Valuation Anticipated to Achieve USD 418.9 Million Mark by 2032, Driving 6.0% CAGR | FMI Study

The global drain cleaning equipment market is expected to grow at a CAGR of 6.0% during the forecast period 2022 to 2032. Industry is projected to increase from USD 234.6 million in 2022 to USD 418.9 million by 2032. This marks an improvement from the previous growth rate of 5.1% observed between 2016 and 2021.

A comprehensive examination of historical trends indicates that the global drain cleaning equipment market demonstrated a CAGR of approximately 5.1% during the period spanning 2016 to 2021. The mounting demand for drain cleaning equipment stems from its pivotal role in fortifying water, wastewater, and sewage utilities. As the maintenance of drainage and piping systems presents a formidable challenge, the significance of drain cleaning equipment is underscored, particularly within healthcare facilities.

A worldwide analysis of the drain cleaning equipment market underscores the diversity of materials responsible for causing drainage blockages, with some obstructions proving notably stubborn. This intricacy underscores the pivotal role of drain cleaning equipment in effectively addressing such blockages and ensuring the seamless operation of drainage systems. It presents a direct and efficient solution to these challenges, thus poised to substantially bolster the expanding market share of drain cleaning equipment.

Key Takeaways

  • The drain cleaning equipment comprises both hand tools and power tools. One of the common misconceptions regarding drain cleaning equipment is that one machine is able to handle all drain issues. However, it is not the case, since there are several issues at multiple locations and various sizes of systems. Different equipment is built to resolve a different issue effectively and is likely to surge the sales of drain cleaning equipment in recent years.
  • The drain cleaning equipment market survey reveals that one of the major factors responsible for the surge in the demand for drain cleaning equipment requirements during the forecast period is due to significant investments by state and federal governments in the operation and maintenance of water, wastewater, and sewer utilities.
  • According to a survey conducted by the American Society of Civil Engineers (ASCE), substantial growth is witnessed in the drain cleaning equipment segment due to the rise in the quality of wastewater treatment plants. Owing to the growth of these targeted markets the drain cleaning equipment market is expected to propel.
  • The utilization of traditional hand tools such as plungers and augers are usually observed in household applications, owing to their low cost, which leads to the high penetration of these products. These factors are propelling the drain cleaning equipment market’s growth in recent years.

Competitive Landscape:

The prominent market players in the drain cleaning equipment market are significantly contributing to the growth by embracing several skillful methods including mergers, partnerships, collaborations, and others. These players are developing products as per customers’ requirements which directly increases the market growth in coming years. Competitors work on problem-solving skills along with the long price range to target multi-class.

Key Players:

  • Masco Corp
  • DURACABLE
  • Gorlitz Sewer & Drain, Inc
  • General Wire Spring Co.
  • Electric Eel Manufacturing Co Inc
  • Spartan Tools LLC
  • Duracable Manufacturing CO
  • Rothenberger USA LLC
  • Goodway Technologies Corp.
  • GT Water Products Inc

More Insights into the Drain Cleaning Equipment Market:

North America is projected to maintain its dominant position in the global drain cleaning equipment market, accounting for approximately 31% of the total share over the forecast period. This trajectory is attributed to increasing governmental support and investments directed towards the advancement and implementation of cutting-edge drain cleaning technologies. Anticipated to exhibit robust growth, the market is poised to witness significant expansion in the coming years.

The United States, in particular, is positioned as the frontrunner within the North American market, demonstrating the highest sales of drain cleaning equipment products. The region is expected to unlock a multitude of lucrative business prospects, driven by the need to efficiently maintain and manage intricate drainage systems in various densely populated urban centers.

Meanwhile, Europe has emerged as the fastest-growing region in the global drain cleaning equipment market, poised to account for 27% of the market share during the projected period. This growth can be primarily attributed to the escalating demand for housing, serving as a key driver propelling the construction sector in Europe. Notably, Germany and the United Kingdom are experiencing remarkable surges in their construction industries, consequently fostering an increased demand for innovative drain cleaning equipment.

Key Segments Covered:                                         

By Product Type:

  • Drain Cleaning Hand Tools
  • Drain Cleaning Auger
  • Drain Cleaning Hand Spinners
  • Drain Cleaning Plungers
  • Drain Cleaning Sewer Tapes
  • Drain Cleaning Power Tools
  • Drain Cleaning Sink Machines
  • Drain Cleaning Drum Machines
  • Drain Cleaning Sectional Machines
  • Drain Cleaning Water Jetters
  • Drain Cleaning Rodder Machines

By Application:

  • Municipal
  • Residential
  • Industrial

By Sales Channel:

  • Distributors
  • Retail Outlets
  • Online Sales

By Region:

  • North America
  • Latin America
  • Asia Pacific
  • MEA
  • Europe

Access Report Details for More In-Depth Information!

Author:

Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.

His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.

Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Global Water Turbine Market Share Anticipated to Reach USD 3.8 Billion by 2032, Growing Steadily at 4.7% CAGR | FMI Analysis

The global water turbine market share was expected to surpass USD 2.4 billion in 2022. Furthermore, a substantial surge is anticipated, reaching USD 3.8 billion by 2032, reflecting a projected Compound Annual Growth Rate (CAGR) of 4.7% from 2022 to 2032.

The global water turbine market is currently undergoing a notable transformation driven by the escalating adoption of renewable energy alternatives, specifically solar, water, and wind power. The increasing demand for water turbines can be attributed to their crucial role in electricity generation, wherein they effectively convert the kinetic energy of water into mechanical energy. This surge in demand is fueled by a growing awareness of sustainable energy solutions and the imperative to reduce carbon emissions.

Evidently, industries worldwide are increasingly transitioning towards renewable energy sources, notably solar, water, and wind power. This shift has resulted in a significant uptick in the demand for water turbines, positioning them as pivotal players in electricity generation through the efficient harnessing of kinetic energy. Given the anticipated trajectory of the water turbine market, these developments are expected to significantly bolster market presence throughout the forecast period.

In response to the escalating global energy demands and the increasing pressure on fossil fuels, there has been a noticeable shift towards the adoption of renewable energy sources. Industries on a global scale are increasingly turning to renewable sources, including solar, water, and wind energy. Water turbines, in particular, play a crucial role in this transition by converting kinetic energy into mechanical energy for electricity generation.

Water turbines offer a sustainable solution with a reduced environmental impact, making them a viable renewable energy option. Their applications range from household power generation to various industrial uses. With the anticipated surge in power demand due to robust economic growth and projected improvements in living standards, developing countries are expected to experience a substantial increase in energy requirements.

As a result, industries are actively embracing renewable energy sources to meet this growing demand for power while considering the limitations posed by non-renewable energy sources. This trend is fostering a conducive growth environment for the water turbine market.

It is noteworthy that different types of water turbines, such as Pelton turbines designed for high head, low flow power plants, and cross-flow turbines suitable for high-flow applications, are specifically tailored to optimize efficiency during power generation, taking into account unique flow conditions.

Recent Development in the Water Turbine Industry:

  • The new Nachtigal hydropower plant in Cameroon will receive seven 60MW Francis turbines from GE Renewable Energy in February 2019. The consortium headed by GE Renewable Energy will conduct the $87 million contract with Elecnor.
  • Ethiopian Electric Power awarded GE Hydro France a multimillion-dollar contract in January 2019 to produce and test turbine generators for five power generating units. For the production of the hydro turbine, GE Hydro France will receive a staggering €53.9 million.
  • GE Power and Navayuga Engineering Company Ltd. entered into a contract in January 2018 for the design, manufacture, supply, erection, testing, and commissioning of 12 units of 80MW vertical Kaplan turbine generators. The contract is estimated to be worth Rs. 818.3 crores.

Who are Some of the Key Competitors in the Water Turbine Market?

Some prominent key market participants in the water turbine market are GENERAL ELECTRIC, Wärtsilä, Alterra Power Corporation, Energy Development Corporation, Nautilus LLC, Canyon Industries, Inc., The James Leffel & Co, Toshiba India Pvt. Ltd., Ram Power Corporation, Enel Spa, Sumitomo Corporation, Gilbert Gilkes & Gordon Ltd., and Calpine Corporation.

The key water turbine market player is using a set of methodology to enlarge the water turbine market size. The above key industries are playing a prominent character to function their responsibility to acquire the lion’s water turbine market share while increasing sales of water turbines during the forecast period.

Therefore, they adopt mergers, acquisitions, partnerships, product launches, and other techniques to increase water turbine market demand analysis in the coming years.

Key Segments Covered:

By Design:

  • Impulse Turbine
  • Pelton Wheel
  • Turgo
  • Water Wheel
  • Jonval Turbine
  • Archimedes Screw
  • Reaction Turbine
  • Francis Turbine
  • Kaplan Turbine
  • Tyson Turbine
  • Gorglow Turbine

By Application:

  • Power Generation
  • Power Storage
  • Marine
  • Aeronautics

By Region:

  • North America
  • Latin America
  • Asia Pacific
  • MEA
  • Europe

Access Report Details for More In-Depth Information!

Author:

Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.

His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.

Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Infertility Drugs Market Poised for Growth, Projected to Reach USD 6,814.68 Million by 2033 at a 6.3% of CAGR

Infertility Drugs Market
Infertility Drugs Market

The global infertility drugs market is set for substantial growth, with a valuation of USD 3,699.8 Million in 2023 and an anticipated reach of USD 6,814.68 Million by 2033. According to the latest report, the market is projected to expand at a compound annual growth rate (CAGR) of 6.3% during the forecast period.

The increasing prevalence of infertility is driving the demand for effective infertility treatments. Both women and men are equally affected by infertility issues, contributing to the rising need for innovative and accessible infertility drug solutions.

As infertility concerns continue to rise globally, there has been an unprecedented surge in the demand for cutting-edge infertility drugs. Both men and women are equally affected by infertility, with causes ranging from age-related factors to specific health conditions.

Key Takeaways from Infertility Drugs Market Study

  • The infertility drugs market is expected to record a CAGR of 6.3% over the forecast period.
  • According to estimates, the infertility drugs market in North America may remain strong throughout the length of the forecast period.
  • The gonadotropins segment dominated the infertility drugs market with a revenue share of 40.1% in 2023 and is expected to grow rapidly.
  • The women’s segment dominated the market for infertility drugs in 2023 with a revenue share of 71.3%.

Infertility Drugs Market Competitive Landscape:

Several prominent companies dominate this market, including Ferring Pharmaceuticals Inc., Merck KGaA, Bayer AG, Pfizer Inc., Takeda Pharmaceutical Company Limited, Theramex, Novartis AG., Abbott Laboratories, Bayer AG, Novartis AG, Merck & Co., Inc., Pfizer, Inc., Teva Pharmaceuticals Industries Ltd., Sanofi S.A., Ferring Holdings SA, Organon & Co., Mankind Pharma Ltd., and others.

Sustainable and environmental footprint awareness may drive the choice of active ingredients and materials for the Infertility Drug Market, as well as packaging. By engaging in these activities, manufacturers can expand their product portfolios, expand their geographical reach, and capture a larger share of the market.

In addition to gaining access to the latest markets and advanced technologies, key players can also gain access to new markets by partnering with other companies. In addition, companies can acquire, merge, and diversify their portfolios.

Infertility Drugs Market Segmentation by Category

By Drug Class:

  • Gonadotrophins
  • Aromatase Inhibitors
  • Selective Estrogen Receptor Modulators (SERMs)
  • Biguanides
  • Other Drug Classes

By End User:

  • Male
  • Female

By Distribution Channel:

  • Hospital Pharmacies
  • Retail Pharmacies
  • Other Distribution Channels

By Region Outlook:

  • North America
  • Latin America
  • Europe
  • The Middle East and Africa
  • East Asia

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Opioid Use Disorder Treatment Market to Reach USD 8.4 Billion by 2033 at a 10.5% of CAGR

Opioid Use Disorder Treatment Market
Opioid Use Disorder Treatment Market

Future Market Insights (FMI) has unveiled its latest report on the global opioid use disorder (OUD) treatment market, revealing a promising growth trajectory. The market, valued at USD 3.07 Billion in 2023, is set to expand significantly, with a projected valuation of USD 8.4 Billion by 2033. This growth corresponds to a compound annual growth rate (CAGR) of 10.5% over the forecast period.

The projected increase in market size reflects a heightened focus on combating the opioid crisis through innovative treatment solutions and expanded access to care. As global awareness and intervention strategies intensify, the demand for effective OUD treatments is expected to drive substantial market growth.

This increase their customer pool which directly aids in market expansion of Opioid use disorder treatment. Growing awareness through television advertisements, newspapers, information brochures, and other media are proving to be very effective in impeding the opioid abuse crisis to a certain extent.

There are various organizations that are participating with other organizations that is leading to industry’s expansion. For example, in March 2016, GlaxoSmithKline collaborated with 2morrow Inc., developer of SmartQuit app to supply patches to smokers having the app plan. Similarly, In August 2013, the company agreed to distribute its Buprenorphine HCl and Naloxone HCl Dihydrate Sublingual Tablets (CIII), a generic version of Suboxon with Amneal Pharmaceuticals LLC , to the addiction treatment centers. This will benefit the market in the long-term.

On the other hand, addiction crisis over the past decade has driven the need to invest in integrated research and development activities which focus on addiction treatment and the recovery process. Even though the number of research activities pertaining to issues related to Opioid use disorder has increased at an impressive pace, stakeholders operating in the current treatment market landscape are progressively finding new methods to apply these findings into the real-world care delivery. This is expected to fuel market’s growth in the forthcoming period.

Some of the other factors propelling growth in this market include rising prevalence of diseases that cause chronic pain, such as cancer, lower back pain arthritis, fibromyalgia and postsurgical pain, interest toward extended-release formulations from the immediate release of opioids, and increasing focus on the abuse-deterrent formulation (ADF) by generic manufacturers.

In addition, in countries such as the United Kingdom, the National Health Service runs various public and privately funded programs for treatment of Opioid use disorder. Moreover, several companies adopt the strategies of merger and acquisition to bolster their market presence in new geographies or add new products and services or both to existing platforms, which helps the industry to grow. For example, in December 2015, Acadia Healthcare acquired Priory Group, a leading provider of behavioural care services in the United Kingdom. This acquisition was intended to expand Acadia Healthcare’s capacity and geographic presence in the United Kingdom which would help in growing overall market of Opioid use disorder treatment.

However, rising expenditure required for the diverse treatment processes is challenging market growth. Several market players make huge investments in manufacturing new and medically advanced treatment procedures to boost the recovery process, and in return, it increases treatment cost which then hamper the growth of industry.

Key Takeaways:

  • North America is expected to dominate the industry while reaching market share of around 48% by the end of the forecast period.
  • The market in East Asia is projected to reflect fastest CAGR of 8.8% during the projected timeline.
  • By drug class, Buprenorphine is projected to account for 81.4% market share by end of the forecast period.
  • Hospitals are expected to dominate the market by distribution channel, with a market share of 35% by 2033.

“Rising collaborations and mergers between companies, increasing research and development activities and adoption of technological advanced techniques for treating Opioid disorder will drive the industry’s growth,” comments an FMI analyst

Competitive Landscape

The Opioid use disorder treatment Market is competitive and consists of several major players. Major players are creating novel delivery systems for the treatment of opioid use disorder. This is expected to propel Opioid use disorder treatment market. The major players in the market are: Trevena, Opiate Pharmaceutical, Aphios, Kyowa kirin, Gamida-Cell, Novartis, Titan Pharmaceuticals, Inc., Hikma Pharmaceuticals, MediciNova, Alkermes, Inc., BioDelivery Sciences International, Inc.

Some recent developments in the market are:

  • In January 2022, Trevena, Inc. declared that China’s National Medical Products Administration (NMPA) has accepted the submission of a New Drug Application (NDA) for OLINVYK (oliceridine) injection, a novel IV analgesic that has been approved in the United States by the FDA for use in adults for managing acute pain severe enough to require an intravenous opioid analgesic.
  • In October 2021, Esteve Pharmaceuticals received authorisation from the United States Food and Drug Administration (FDA) for SEGLENTIS (celecoxib and tramadol hydrochloride) for the management of acute pain in adults that is extreme enough to require an opioid analgesic.
  • In January 2020, Titan Pharmaceuticals, Inc. made a revelation that they had entered into an agreement with AllianceRx Walgreens Prime for the expansion of accessibility of patients for Titan’s opioid use disorder implant branded as “Probuphine implant”.

Author By:

Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.

Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News. 

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Microphone Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2032

The global microphone market was valued at more than $2.3 billion in 2022. By 2032, it will be valued more than $4.6 billion. The market is predicted to increase at a 7.1% CAGR during the forecast period.

Hearing equipment with improved microphones will be in more demand during the coming decade. It is attributed to the rising issue of hearing loss in the elderly.

In a complicated and noisy setting, the client can hear clearly. As a result, sales of omnidirectional and directional microphones would surge dramatically.The rising use of portable microphones will drive up the demand for microphones. They work in the entertainment, media, and public speaking industries across the world.

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Microphones are useful for picking up noises around a device in applications. These include noise monitoring and sensing. For instance, Fitbit launched the loudness and snore detection technology in India in September 2021.

It gathers and examines data about the user’s surroundings via the device’s microphone. The device tries to differentiate among snoring and other sounds once the user has fallen asleep.

Microphones are widely utilized in the music industry for audio recordings and album streaming. The sector makes use of premium microphones that have excellent audio quality and less battery consumption.

With their use in espionage, monitoring, and surveillance, microphones would also be in great demand. The military and government sectors would search for cutting-edge microphones.

Key Takeaways from the Microphone Market

  • The microphone market would create an absolute dollar opportunity worth US$ 2.3 billion from 2022 to 2032.
  • The USA microphone market would witness a CAGR of 5.9% from 2022 to 2032.
  • The global microphone market showcased a CAGR of 7.8% between 2017 and 2021.
  • North America microphone market would flourish and reach US$ 1.82 billion in 2032.
  • By technology, the micro-electromechanical systems segment would expand at 7.0% CAGR from 2022 to 2032.

“Sales would be pushed by growth in smart technologies. These include home virtual assistants and internet of things sensors. They must be able to ‘hear’ the users’ environment. They should be simple to construct and tolerant of electrical & acoustic noise.,” – Says a lead analyst.

Competitive Landscape: Microphone Market

Leading competitors in the global microphone market are focusing on introduction of fresh products and services. These would assist them in expanding their clientele and business.

The sector is unique since both big and small producers are present. A competitive advantage is built on significant differentiators. They include the cost and the caliber of goods. Accredited industrial suppliers have networks of legitimate distributors. They provide goods to various places.

Players in the industrial sector might create new items or innovate old ones. That would be the effect of outside factors such as changing rules.

For instance,

  • In May 2022, Infineon Technologies launched next-generation XENSIV MEMS microphones. IM72D128 and IM69D127 are names of the newly launched products. They have selectable power modes for MEMS microphones. It would make them a perfect match for consumer electronics devices. These include conference devices, headphones with active noise cancellation, and TWS earbuds with laptops.
  • In April 2022, Trumpf Limited’s venture capital division led a US$ 16.4 million round of funding. It put its money into a start-up company named sensiBel. The latter manufactured MEMS-based optical microphones. This amount will be used to ramp up mass production of microphones.
  • In January 2022, TDK Global launched T5828 Microphone with MIPI SoundWire functionality. The microphone has low power mode and high quality. It is used in smart speakers, notebook PCs, and smartphones. It can also be used in tablets, cameras, Bluetooth headsets, and security & surveillance.
  • In April 2020, AAC Technologies launched next generation MEMS microphone design center in Edinburgh, Scotland. The company would conduct research on next generation microphone-system level solutions. It will research in voice controlled artificial intelligence devices. Its MEMS microphones will be used by Oppo, Amazon, Xiaomi, and Vivo.

GetMore Exclusive Insights into Microphone Market Study

Future Market Insights, in its new offering, presents an unbiased analysis of the microphone market, presenting historical market data (2017 to 2021) and forecast statistics for the period of 2022 to 2032.

The study reveals extensive growth in the microphone market in terms of technology (micro-electromechanical systems, electret), micro-electromechanical systems type (analog, digital), communication technology (wired, wireless), application (automotive, commercial security & surveillance, consumer electronics, industrial, medical, noise monitoring & sensing), and region.

Microphone Market Outlook by Category

By Technology:

  • Micro-electromechanical Systems (MEMS)
  • Electret
  • Others

By Micro-electro mechanical Systems (MEMS) Type:

  • Analog
  • Digital

By Communication Technology:

  • Wired
  • Wireless

By Application:

  • Automotive
  • Consumer Security and Surveillance
  • Consumer Electronics
  • Industrial
  • Medical
  • Noise Monitoring and Sensing

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About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries. Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:      

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Website: https://www.futuremarketinsights.com
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LiDAR Drone Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2032

Future Market Insights estimates that the global LiDAR drone market would be worth $147.0 million by 2022. From 2022 to 2032, the whole LiDAR drone industry is predicted to increase at a 19.8% annual pace. By 2032, the LiDAR drone market is anticipated to be worth around US$ 892.0 million.

During the review phase, rotary wing drones will remain the top revenue-generating category. Through 2032, the rotary wing LiDAR drone market is expected to develop at a 19.7% CAGR.
The mining and agriculture industries are driving up demand for LiDAR drones. Increased expenditures in road traffic, mining, and agricultural surveillance will provide several chances for drone manufacturers to develop.

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LiDAR drones are extensively used in mining industry to make the workflow smooth. They also enhance workers’ safety and help avoid accidents. Hence, expansion of mining industry will elevate LiDAR drone demand through 2032.

LiDAR drones are also gaining wider popularity in precision agriculture applications. Rapid shift towards modern agricultural practices will thus create lucrative opportunities for manufacturers.

Increasing government initiatives encouraging use of LiDAR drones for surveys and law enforcement will boost LiDAR drone sales.

Key Takeaways from LiDAR Drone Market Report:

  • The worldwide LiDAR drone market size will reach US$ 892.0 million by 2032.
  • Global LiDAR drone sales are set to rise at 15.9% CAGR through 2033.
  • By drone type, rotary wing drone demand will increase at 19.7% CAGR between 2022 and 2032.
  • Based on LiDAR type, topographic segment is likely to expand at 19.6% CAGR.
  • The United States LiDAR drone market is forecast to reach a valuation of US$ 258.2 million in 2032.
  • Sales of LiDAR drones across South Korea are set to surge at 20.2% CAGR through 2032.
  • The United Kingdom LiDAR drone market will progress at 18.8% CAGR.
  • LiDAR drones demand across China is likely to rise at 20.8% CAGR over the next ten years.

“Widening application area of LiDAR drones will play a key role in boosting the global market through 2033.” Says a lead Future Market Insights analyst.

Who is Winning?
Key LiDAR drone manufacturers are constantly developing effective high-resolution scanning solutions. They are focused on their alliances with AI companies, technology collaborations, and product launch strategies.

Recent Developments:

  • In 2022, Censys Technologies integrated LiDAR technology into their fixed wing vertical take-off and landing drone (VTOL).
  • In September 2022, Faro Technologies completed the transactions of buying United Kingdom-based company GeoSLAM Ltd. GeoSLAM Ltd is a provider of mobile scanning solutions.

LiDAR Drones Segmentation

By LiDAR Type:

  • Topographic
  • Bathymetric

By Components:

  • LiDAR Lasers
  • UAV Cameras

By Drone Type:

  • Rotary Wing
  • Fixed Wing

By Range:

  • Short Range
  • Medium Range
  • Long Range

By Application:

  • Agriculture
  • Corridor mapping
  • Industrial
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

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About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries. Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:      

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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High-End Performance Packaging Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2032

FMI estimates that the global market for high-end performance packaging will be worth $3.3 billion by 2022. From 2023 to 2033, the global demand for high-end performance packaging will grow at a 15.9% CAGR.

By 2033, the market for high-end performance packaging is estimated to be worth $17.0 billion. Throughout the assessment phase, UHD FO technology will dominate the market. According to FMI, the UHD FO category will increase at a CAGR of 15.8%.

The market for high-end performance packaging is being driven by the growing need for cutting-edge packaging technologies. Sales will increase until 2033 as a result of the ongoing trend toward miniaturization.

Increasing adoption of high-performance computing (HPC) will propel high-end performance packaging demand. Further, rising popularity of autonomous vehicles will create growth prospects for the market.

Different high-end performance packaging technologies are being used to design ultra-thin devices. These technologies include Ultra High-Density Fan Out (UHD FO), HBM, etc.

The UHD FO packaging is used in advanced technologies such as 5G, cloud computing, and ADAS. High Bandwidth Memory (HBM) has application in bandwidths above 256 GBps. It reduces power consumption of the circuitry.

Si Interposer finds application in heterogeneous packaging techniques. Foveros by Intel provides 3D stacking solutions that make packaging more efficient. It is designed to incorporate two or more chiplets assembled together.

EMIB and Co-EMIB are used in the high-performance computing applications. They make the whole electronics circuit consume less power and function at a higher pace.

Hence, growing usage of these high-end performance packaging technologies will boost the market.

Key Takeaways from High-End Performance Packaging Market Report:

  • The market for high-end performance packaging is set to reach a massive valuation of US$ 17.0 billion by 2033.
  • Global high-end performance packaging demand is set to increase at 15.9% CAGR through 2033.
  • By technology, UHD FO segment will expand at 15.8% CAGR during the forecast period.
  • Based on application, high performance computing segment will accelerate at 15.7% CAGR.
  • The United States high-end performance packaging market will exhibit a CAGR of 15.2%.
  • Sales of high-end performance packaging across China will surge at 17.4% CAGR through 2033.
  • Japan’s high-end performance packaging market will reach US$ 2.7 billion by 2033.

“Surging applications in high-performance computing and autonomous vehicles will continue to boost the global high-end performance packaging market”, says a lead Future Market Insights analyst.

Who is Winning?

Leading players operating in the high-end performance packaging market are developing advanced packaging solutions to meet end user demand from several industries. Besides this, they are adopting strategies such as partnerships, collaborations, acquisitions, and mergers.

Key high-end performance packaging companies include Intel, TSMC, ASE, Samsung, Amkor, JCET Group, Tongfu, ADI, AMD, and ARM. These leading high-end performance packaging manufacturers are developing advanced packaging solutions.

For instance,

  • In February 2022, Intel Corporation, the United States-based Technology Company announced that it has signed a definitive agreement in order to acquire the Tower Semiconductor.

Get More Insights into High-End Performance Packaging Market
Future Market Insights, in its new offering, presents an unbiased analysis of the High-End Performance Packaging market, presenting historical market data (2018 to 2022) and forecast statistics for the period of 2023 to 2033.

The study reveals extensive growth in High-End Performance Packaging based on technology (UHD FO, HBM, 3DS, Foveros , 3DNAND, Co-EMIB, EMIB, Si interposer, 3D SoC) and application (data center networking, high-performance computing and autonomous vehicles) across several regions.

Global High-End Performance Packaging Market Segmentation

By Technology:

  • UHD FO
  • HBM
  • 3DS
  • Foveros
  • 3DNAND
  • Co-EMIB
  • EMIB
  • Si interposer
  • 3D SOC

By Application:

  • Data Center Networking
  • High Performance Computing
  • Autonomous Vehicles

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries. Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:      

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Shortwave Infrared (SWIR) Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2033

The shortwave infrared (SWIR) market is anticipated to be worth $418.0 million by 2033. Over the next decade, the market is predicted to increase at a compound yearly growth rate of 7.8%. It is expected to reach $197.1 million by 2023.

Because ordinary cameras have limits in terms of light and surrounds, shortwave infrared cameras are used in particular scenarios. Shortwave infrared cameras are useful when there is fog, smoke, or other unexpected situations, such as during the rainy season.

Because military officials must detect suspicious behavior along the country’s borders, they routinely utilize these cameras for defense. Shortwave infrared cameras are used in low-light and nighttime conditions because they have a night vision mode.

They can easily differentiate between water vapors, temperatures, and different materials. Owing to these features, shortwave infrared devices can be used in spectroscopy, astronomy, and geology.

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Increasing adoption of shortwave infrared devices for surveillance and tracking applications is expected to promote additional growth. Military uses for shortwave infrared technology are anticipated to surge tremendously.

Shortwave infrared cameras have arisen to provide monitoring services for securing dangerous areas. They can be mounted on trucks, buildings, and unmanned aerial aircraft. They have the ability to detect any dangers or criminal behavior.

Key Takeaways from Shortwave Infrared (SWIR) Market

  • In the historical period, the shortwave infrared market flourished at a CAGR of 8.7%, reaching US$ 181.5 million in 2022.
  • By 2033, it is anticipated that the USA shortwave infrared market size will be worth US$ 134.7 million.
  • Between 2023 and 2033, the shortwave infrared market in the United Kingdom is anticipated to surge at a 7.0% CAGR.
  • The forecast timeframe is expected to see the Japan shortwave infrared business generate an absolute dollar potential of US$ 15,3 million.
  • The market for shortwave infrared in South Korea is anticipated to expand at a CAGR of 8.2% during the anticipated period.

“Spectroscopy and astronomy both make substantial use of shortwave infrared linear cameras. They are employed to locate distant galaxies objects. At the same time, they are used to assess characteristics such as temperatures and determine if galaxies contain water,” says a lead analyst at Future Market Insights.

Competitive Landscape: Shortwave Infrared (SWIR) Market

Market participants for shortwave infrared are consistently expanding their product lines and creating better analytical solutions. A select few shortwave infrared manufacturers are concentrating on partnerships, technological alliances, and product launch plans. The market’s tier 2 players want to expand their shortwave infrared market share.

The leading shortwave infrared firms include Raptor Photonics, Hamamatsu Photonics K.K., New Imaging Technologies, Allied Vision Technologies, Princeton Infrared Technologies Inc., Collins Aerospace, Leonardo DRS, InView Technology Corporation, Lynred, FLIR Systems Inc., Opgal Optronic, and IRCameras LLC among others.

For instance,

  • In December 2021, TriEye, an Israel-based shortwave infrared sensing solutions provider, announced that it raised US$ 74 million in a funding round. It was led by M&G Investments, Varana Capital, and Samsung Ventures. This deal takes the total funding to the company to US$ 96 million. The funds will be utilized to commercialize spectrum enhanced detection and ranging (SEDAR). They are TriEye’s imaging and ranging solutions for advanced driver assistance systems and autonomous vehicles.
  • In August 2021, Collins Aerospace, a USA-based defense equipment manufacturer announced that it has signed a definitive agreement to acquire FlightAware. The latter is a digital aviation company that provides decision making tools and global flight tracking solutions. Customer experience, data collection, and analytics from FlightAware are expected to help Collins Aerospace. It aims to provide a full ecosystem to its customers. The digital aviation solution is expected to help the defense and aviation industry bring a new revolution.
  • In May 2021, Teledyne Technologies Incorporation based in the USA announced that it has acquired FLIR Systems. It designs and produces thermal imaging cameras and sensors. FLIR will be included in Teledyne’s digital imaging segment. It is expected to operate under the name Teledyne FLIR. Total consideration amount for the whole transaction is expected to be US$ 8.2 billion. Teledyne FLIR is set to provide a full spectrum of imaging technologies and complete imaging systems.

Get More Exclusive Insights into Shortwave Infrared (SWIR) Market Study

Future Market Insights, in its new offering, presents an unbiased analysis of the shortwave infrared market, presenting historical market data (2018 to 2022) and forecast statistics for the period of 2023 to 2033.

The study reveals extensive growth in the shortwave infrared market in terms of type (area scan, line scan), technology (cooled, uncooled), end user (electronics & communication, aerospace, food & beverages, automotive, medical & healthcare, military & defense), and Region.

Shortwave Infrared (SWIR) Market Outlook by Category

By Type:

  • Area Scan
  • Line Scan

By Technology:

  • Cooled
  • Uncooled

By End User:

  • Electronics and Communication
  • Aerospace
  • Food and Beverages
  • Automotive
  • Medical and Healthcare
  • Military and Defense
  • Others

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Click to Buy Your Exclusive Report Immediately! 

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries. Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:      

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Photonics Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2033

According to Future Market Insights’ most recent analysis, the global photonics market is predicted to develop at a compound yearly growth rate (CAGR) of 5.8%, reaching a valuation of US$ 911.5 billion by 2023. By 2033, the photonics business is expected to be worth 1.6 trillion US dollars.

The displays category is predicted to develop at a compound annual growth rate (CAGR) of 5.7% throughout the evaluation period, making it the most profitable use of photonics.

The global photonics market is expanding due to the increased usage of photonics-enabled products in industries such as consumer electronics, defense, automotive, and medical devices.

Advancements in photonics have paved way for the development of photonic devices which are used in light emitting diodes, displays, laser devices, displays, photovoltaic cells, and optical amplifiers.

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Displays made using photonics technology are used in advanced electrical vehicles for infotainment purposes. Companies such as Lockheed Martin, General Atomic, and Boeing use photonics technology to manufacture high-energy lasers.

This growing usage of photonics technology making various highly efficient devices and systems is expected to boost the global photonic industry during the assessment period.

Subsequently, growing popularity of biophotonics in healthcare and defense and increasing usage of photonics-enable products in telecommunication, industrial manufacturing, and several other industries will expand the market.

“Widening application area of photonics coupled with increasing investments in research and development could potentially change the course of market dynamics during the next ten years,” said an analyst at FMI.

Key Takeaways from Photonics Market Study

  • The global photonics market is forecast to reach a massive valuation of US$ 1.6 trillion by the end of 2033.
  • Photonics demand is anticipated to surge at 8% CAGR during the assessment period.
  • By application, displays segment is likely to expand at 7% CAGR between 2023 and 2033.
  • The United States photonics market is set to accelerate at 2% CAGR throughout the projection period.
  • China’s photonics market is forecast to exhibit a CAGR of 3% over the next ten years.
  • The overall market size of photonics in Japan is anticipated to reach US$ 253.9 billion by 2033.

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Who is Winning?

Players in the photonics market are investing in research and development to advance in photonics. Besides this, they are introducing new products and forming partnerships and alliances to gain a competitive edge in the market.

Recent Developments:

  • In December 2022, Scantinel Photonics, a photonics-based Lidar manufacturer and supplier announced that they have raised EUR 10 million to develop FMCW Lidar. These LiDAR drones to be produced by the company are expected to be cheaper, faster, and easier to produce.

More Insights Available

Future Market Insights, in its new offering, presents an unbiased analysis of the Photonics market, presenting historical market data (2018 to 2022) and forecast statistics for the period of 2023 to 2033.

The study reveals extensive growth in Photonics in terms of application (displays, information, photovoltaics, measure and machine vision, medical technology, production technology, lighting, communication, defense and security, and optical component) across several regions.

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https://www.futuremarketinsights.com/reports/photonics-market

Global Photonics Industry Segmentation

By Application:

  • Displays
  • Information
  • Photovoltaics
  • Machine and Measure Vision
  • Medical Technology
  • Production Technology
  • Lighting
  • Communication
  • Defense and Security
  • Optical Components

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries. Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:      

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube