Market Research Blog – Page 1466 – New Product Development

Microwave Monolithic Integrated Circuits Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2033

By 2023, the market for microwave monolithic integrated circuits is projected to reach USD 10,434.9 million by 2033, it is projected to increase at a compound annual growth rate (CAGR) of 12.2%, reaching USD 33,090.3 million.

Since microwave monolithic integrated circuits are mostly used in government-sponsored military applications, there is an anticipated increase in demand for them between 2023 and 2033. Furthermore, developments in semiconductor technology both affected and enabled better microwave circuit design for military equipment. Consequently, it is anticipated that the market share of microwave monolithic integrated circuits will rise.

Microwave monolithic integrated circuits are expected to find greater applications in the commercial and consumer domains, leading to a rise in their worldwide sales.

Microwave monolithic integrated circuits enable effective satellite communication, airborne radar infrastructure, and other applications, broadening their application spectrum in communications, homeland security scanners, imaging, and sensors. As a result, these variables are expected to boost the size of the microwave monolithic integrated circuits market.

Microwave monolithic integrated circuits are expected to gain popularity due to their low-noise amplification and high-frequency switching capabilities. Moreover, they also offer reproducible performance, which is expected to improve microwave monolithic integrated circuits industry data in the forecast term.

In the microwave monolithic integrated circuits market analysis, Europe came in second behind North America, with a high share of 22% expected to be acquired during the projected period from 2023 to 2033.

Europe microwave in the progress of 5G technologies is expected to raise demand for Mave monolithic integrated circuits market trends due to MIC and growing data transfer rates.

Key Takeaways

The market grew at a CAGR of 10.1% during the last five years.
The microwave monolithic integrated circuits market in the United Kingdom is predicted to expand at a CAGR of 12.3% by 2033.
In 2022, North America held a 28.8% market share.
In 2022, Europe recorded a market share of 21.1%.
India’s market is expected to develop at a CAGR of 16.6% in the forthcoming years.

Competitive Landscape

The leading players in the microwave monolithic integrated circuits market are likely to expand the market to its peak in the future years to maximize revenue. For example,

In November 2022, Infineon Technologies AG revealed the CTRX8181 RASIC CMOS transceiver MMIC, which could be used in vehicle radar systems to improve consistency, adaptability, and performance.

The US Department of Defense (US) awarded MACOM Technology Solutions Holdings, Inc. a contract in April 2022 to create a high-power transmitter. The deal requires MACOM to develop a 45-Kilowatt Radio Frequency (RF) transmitter using novel Gallium Nitride (GaN) semiconductor and antenna beamforming methods.

Valuable Insights

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

The study reveals essential insights By Component (Power Amplifiers, Low Noise Amplifiers, Attenuators, Switches, Phase Shifters, Mixers, Voltage-controlled Oscillators, Frequency Multipliers), By Technology (MESFET, HEMT, pHEMT, mHEMT, HBT, MOS), By Material Type (Gallium Arsenide, Indium Phosphide, Indium Gallium Phosphide, Silicon Germanium, Gallium Nitride), & region.

Market Segmentation

By Component:

Power Amplifiers
Low Noise Amplifiers
Attenuators
Switches
Phase Shifters
Mixers
Voltage-controlled Oscillators
Frequency Multipliers

By Technology:

MESFET
HEMT
pHEMT
mHEMT
HBT
MOS

By Material Type:

Gallium Arsenide
Indium Phosphide
Indium Gallium Phosphide
Silicon-Germanium
Gallium Nitride

By Region:

North America
Latin America
Western Europe
Eastern Europe
South Asia and Pacific
East Asia
Middle East and 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

ARM-based Servers Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2033

The ARM-based servers market is poised for remarkable growth, with a projected valuation of US$ 5,768.4 million in 2023, and a robust CAGR of 12.6% anticipated to propel it to US$ 18,955 million by 2033.

In addition, server-based computing is a crucial field of study that has advanced significantly over the past ten years. The development of servers is causing a fundamental shift in the server-based computing sector, which is something that major players in the market for ARM-based servers are acknowledging.

ARM-based Servers Market: Market Dynamics

Low-energy chips based on ARM, mobile apps processors, rapid adoption of ARM in embedded intelligence, enterprise infrastructure, computing & thread density, high-performance workloads, energy efficiency, improved performance, highly integrated server chips are the drivers of ARM-based servers market.

Software & hardware problems and compatibility issues are the challenges in market

Increase in adoption of ARM chips in smartphones, rise in growth of internet connected products, increased computing and servers, connectivity,real-time processors creates opportunities for ARM-based servers market.

Innovation in mobile and computing, multi-core developments, system-on-chip (SoC), integrated management, software defined networking and increase in usage of ARM chips in IoT and wearables devices are the latest trends in ARM-based servers market.

Key players

Marvell Technology
MACOM Technology Solutions
Huawei Technology Co. Ltd.
IBM Corporation
Texas Instruments Incorporated
ARM Holdings Plc.
Microsoft Corporation
Red Hat Inc.
HP Inc.
Citrix Systems Inc.
SuSE Inc.
Canonical Ltd.

ARM-based Servers Market: Regional Outlook

ARM-based servers market dominated by North America, Europe, and MEA regions. North America is expected to be a dominant player due to the vast presence of ARM-based server vendors and higher adoption of technology in its market. On the other hand, APEJ is expected to grow significantly as compared to other regions in ARM-based servers market in the forecast period.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also includes projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, technology, and applications.

Key Segments Profiled In the ARM Based Servers Industry Survey

By Core Type:

- Firstly, ARM Cortex-A Core Based Servers
- Secondly, ARM Cortex-M Core Based Servers

By Processor:

- Thirdly, 32-bit Operating System ARM Based Servers
- Fourthly, 64-bit Operating System ARM Based Servers

By OS:

- Moreover, Android
- Furthermore, iOS
- Additionally, Windows

By Application:

- In addition, Mobile Computing
- Also, 3D Graphics
- Likewise, Internet of Things (IoT)
- Similarly, Smart Homes
- Moreover, Wearables
- Furthermore, Sensors
- Additionally, Enterprise and Infrastructure Networking
- Besides, Wireless Communications

By Products:

- Subsequently, ARM Based Server Processors
- Equally important, ARM Based Server Graphics & Multimedia
- Additionally, ARM Based Server Physical IP
- Furthermore, ARM Based Server Development Tools
- Moreover, ARM Based Server IoT Solutions
- Besides that, ARM Based Server System IP
- Additionally, ARM Based Server Wireless IP
- Lastly, ARM Based Server Security Solutions

By Verticals:

- Notably, Automotive
- Importantly, Healthcare
- Particularly, Telecommunications
- Additionally, Oil & Gas Extraction
- Moreover, Bioscience
- Also, Industrial Automation

By Region:

- Finally, North America
- In conclusion, Latin America
- On the other hand, The Asia Pacific
- Likewise, Middle East and Africa
- Lastly, Europec

Read the full report

About Future Market Insights (FMI)

Contact Us:

Revolutionizing Healthcare: Long-Term Care Software Market Surges, Projected to Exceed $10.9 Billion by 2032

The long-term care software market is expected to reach a significant value of US$3,877 million globally in 2022 and is expected to develop at a spectacular rate. Even more optimistic projections are made for 2032, when a valuation of over US$ 10,988 million is expected, indicating an outstanding CAGR of 11% over the course of the projected period (2022–2032). This increase is a sign of a paradigm shift in the administration of healthcare, as organisations use more advanced software to improve the effectiveness and quality of long-term care services.

The global government measures aimed at curbing the rising costs of healthcare are driving the long-term care software market’s rise.

To Get Sample Copy of Report Visit

Multiple applications of long-term care software such as the long-term care software analyze millions of data records and quickly spot potential issues before they become problems, and it enables mental health providers to manage remote patient video conferencing, scheduling, and messaging are playing a crucial role in the rapid adoption of long-term care software.

Global Long-term Care Software Market: Drivers and Challenges

Drivers

The digitalization in healthcare technology is the primary factor which is driving the growth of long-term care software market. Also, changing healthcare infrastructure, shortage of medical staff and adoption of technological solutions in the healthcare institutions is the key growth driver of the long-term care software market.

Moreover, limited healthcare specialists and different initiatives taken by the government bodies worldwide to reduce the medical cost are fueling the growth of long-term care software market.

Apart from this, the increase in the number of healthcare organizations and the increasing usage of mobile devices in the healthcare organizations are the major factors which are fueling the growth of the long-term care software market.

Challenges

The high cost of software maintenance is the primary factor which may hinder the growth of the long-term care software market in the near future. Also, the unwillingness of the traditional long-term care providers to adopt new software is one of the major factors which hampers the growth of the long-term care software market in the near future.

Key Players

The prominent players in long-term care software market are: Allscripts Healthcare Solutions, Inc., Cerner Solutions, Omnicare, Inc., Omnicell, Inc., HealthMEDX, LLC, McKesson Corporation, Optimus EMR, Inc., PointClickCare, MatrixCare, and SigmaCare.

Global Long-term Care Software Market: Regional Overview

On the geographic basis, North America is anticipated to capture largest market share, owing to the well developed and established healthcare industry, and higher adoption of long-term care software in the region.

Europe and APAC are also expected to gain substantial market share due to the rapid infrastructural development in the healthcare sector. Also, APAC is expected to be the fastest growing long-term care software market owing to the government initiatives taken in the healthcare sector by the emerging economies such as India, China, and Japan.

The Long-term Care Software market in Latin America and MEA are expected to witness high growth rates in the coming period due to the rise in digital technologies and increasing adoption of mobile devices in the healthcare sector of the region.

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

It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

Key Segments

By Delivery Modes:

Cloud-based
On-premises
Web-based

By End User:

Assisted Living Facilities
Home Health Agencies
Nursing Homes

By Region:

North America
Latin America
Asia Pacific
Europe
MEA

About Future Market Insights (FMI)

Contact Us:

Predictive Analytics Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2032

According to a newly released Future Market Insights study, the predictive analytics market is expected to develop at a CAGR of 15.8% from 2022-2032, with sales projected at US$ 12.8 billion in 2022. It is anticipated that the market would be valued US$ 55.5 billion by the end of 2032. 94% of businesses use cloud deployment, according to the RightScale 2019 State of the Cloud report. More than half of all business data is already stored on cloud platforms, and as demand for cloud-based predictive analytics develops, this trend is expected to continue.

Predictive analytics is preferred for cloud deployment as it offers intuitiveness, and ease of maintenance. The cloud-based segment, according to the manufacturers, is a profitable deployment choice owing to the simplicity with which AI and cognitive capabilities can be incorporated. It is possible to achieve more scalability, agility and enhanced resource management, less investment, and a reliable revenue curve. Google Drive, One Drive, and Office 365 are three of the most well-known cloud services.

Predictive analytics at Google is based on Google Cloud AI and machine learning technologies and services. Organizations may use current tools and models to go beyond knowing what happened in the past and provide the best assessment of futuristic estimates. For specialists, the Vertex AI allows them to develop complicated models faster and at a cheaper cost. AI building blocks enable amateurs to easily incorporate AI to their services.

Since cloud-based solutions focus on simple, standardized interfaces, integration effort and expense are decreased, reducing the requirement for an organization’s IT employees to adopt these solutions. It also allows for tight behavioral integration without requiring tight system integration. Another advantage of cloud computing is access to massive amounts of data. Many new massive data sources are only available on the cloud. Furthermore, cloud computing suggests that data transfer speeds will be less limited for businesses. All of this highlights the value of moving analytic modelling to the cloud, where it can be near to these new data sources.

Key Takeaways from the Market Study

Global Predictive Analytics Market is estimated to reach a market size of US$ 12.8 Bn by 2022.
The BFSI segment, is expected to account for the highest CAGR of 15.7% during the forecast period.
United States is expected to remain the most dominant market with an absolute dollar growth opportunity of US$ 14.8 Bn during 2022 – 2032.
The market in US is set to experience the highest CAGR of 15.7% during the 2022-2032 forecast period.

“During the projected period, the rise of big data and machine learning are likely to become key drivers in raising the predictive analytics market revenue.” comments a Future Market Insights analyst.

Competitive Landscape

The market is fiercely competitive, where key players are increasingly focused to obtain a competitive advantage. The key companies in the Predictive Analytics Market are focused on R&D to produce innovative technological solutions.

In February 2022, Bharti Airtel, India’s leading supplier of communications products, has selected Oracle Fusion Cloud ERP and Oracle Fusion Cloud Supply Chain & Management (SCM) to modernize and optimize its financial, planning, and supply chain operations. Airtel’s shared services operations will be transformed by merging Oracle Cloud ERP and Oracle Cloud SCM technologies, with the objective of increasing overall efficiency and agility.

Request a Report Sample

Market Segments Covered In Predictive Analytics Market Analysis

By Component:

Solutions
- Predictive Financial Analytics
- Predictive Risk Analytics
- Predictive Marketing Analytics
- Predictive Sales Analytics
- Predictive Customer Analytics
- Predictive Web and Social Media Analytics
Services
- Professional Services
- Managed Services

By Deployment Mode:

Cloud
On-premises

By Organization Size:

Large Enterprises
Small and Medium-sized Enterprises (SMEs)

By Vertical:

BFSI Predictive Analytics
Manufacturing Predictive Analytics
Retail and eCommerce Predictive Analytics
Government and Defense Predictive Analytics
Healthcare and Life Sciences Predictive Analytics
Energy and Utilities Predictive Analytics
Telecommunications and IT Predictive Analytics
Transportation and Logistics Predictive Analytics
Media and Entertainment Predictive Analytics
Travel and Hospitality Predictive Analytics
Other Predictive Analytics

By Region:

North America
Europe
Asia Pacific
Middle East and Africa
Latin America

About Future Market Insights (FMI)

Contact Us:

Integrated Quantum Optical Circuits Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2032

It is anticipated that the market for integrated quantum photonic circuits would expand at a 6.5% annual growth rate, from US$ 1.87 billion in 2021 to US$ 1.99 billion in 2022. The market is anticipated to grow significantly as more money is being allocated to the creation of a 5G network. Due to the intricate circuit design required for manufacturing, the market for integrated quantum optical circuits may encounter major challenges. By 2032, the sector is predicted by Future sector Insights to reach $3.75 billion USD.

Integrated quantum optical circuits are highly needed in the telecom industry because to the substantial funds being invested in the global rollout of 5G networks.The downsizing and optical scaling of optical quantum circuits are made possible by integrated quantum optical circuits.

Integrated Quantum Optical Circuits Market: Drivers and Challenges

The market for integrated quantum optical circuits is being driven by a number of causes, but one of the main ones is the increase in demand for better and faster internet access. The market for integrated quantum optical circuits is expanding at a good clip since it is one of the components that contributes to the goal’s resolution.

The fact that some regions are making the switch from conventional to new optical fibre technologies is another factor contributing to the growth of the market for integrated quantum optical circuits. Since the market for integrated quantum optical circuits will grow rapidly in some places and perform well on the global market as well, this shift serves as a market driver for such products.

The integrated quantum optical circuits market has been hampered in certain ways by the design complexity of these circuits.

As a result of the integrated quantum optical circuits’ rather difficult manufacturing processes, fewer manufacturers are drawn to the market for these products, which in turn reduces opportunities in some areas and slows the market’s expansion.

The high initial cost to adopt the particular circuits in the regions has been another barrier for the market for integrated quantum optical circuits. The adoption of integrated quantum optical circuits would be challenging in places like MEA, whereas regions like North America could easily afford to have them given their expenditure levels.

Integrated Quantum Optical Circuits Market: Key Players

Some of the key players of Integrated Quantum Optical Circuits market are: TE Connectivity, Intel Corporation, Emcore Corporation, Aifotec AG, Ciena Corporation, Finisar Corporation, Infinera Corporation, Oclaro Inc., Luxtera, Inc., and Neophotonics Corporation among others.

Integrated Quantum Optical Circuits Market: Regional Overview

Geographically speaking, the market for integrated quantum optical circuits may be divided into North America, Latin America, Western Europe, Eastern Europe, China, SEA and other APAC, Japan, Middle East & Africa, etc. In comparison to other regions, the integrated quantum optical circuits market in North America is thought to be the most valuable, with the U.S. integrated quantum optical circuits market being the most alluring.

Additionally, due to the presence of tier-1 manufacturers in the region and the rise in the number of communication industries using integrated quantum optical circuits, Western Europe and SEA & other regions of APAC are anticipated to have the fastest growth rates for the integrated quantum optical circuits market.

China, SEA, and other APAC countries are anticipated to overtake the Western European and North American integrated quantum photonic circuits markets. Additionally, the market for integrated quantum optical circuits is anticipated to grow in the area over the course of the forecast period because the majority of integrated quantum optical circuit manufacturers are based in North America and Western Europe.

The increased need for tiny optical communication devices, which would also enhance the market for integrated quantum optical circuits, is another factor contributing to the ongoing traction in the areas. It is anticipated that North America and Western Europe would account for more than 35% of the global market for integrated quantum photonic circuits.

Get a Sample Copy of the Report

Key Segments Covered in the Integrated Quantum Optical Circuits Industry Survey

Integrated Quantum Optical Circuits Market by Material Type:

Indium Phosphide Integrated Quantum Optical Circuits
Silica Glass Integrated Quantum Optical Circuits
Silicon Photonics Integrated Quantum Optical Circuits
Lithium Niobate Integrated Quantum Optical Circuits
Gallium Arsenide Integrated Quantum Optical Circuits

Integrated Quantum Optical Circuits Market by Component:

Integrated Quantum Optical Waveguides
Integrated Quantum Optical Directional Coupler
Integrated Quantum Optical Active Components
Integrated Quantum Optical Light Sources
Integrated Quantum Optical Detectors

Integrated Quantum Optical Circuits Market by Application:

Integrated Quantum Optical Circuits for Optical Fiber Communication
Integrated Quantum Optical Circuits for Optical Sensors
Integrated Quantum Optical Circuits for Bio Medical Applications
Integrated Quantum Optical Circuits for Quantum Computing
Integrated Quantum Optical Circuits for Other Applications

Integrated Quantum Optical Circuits Market by Region:

North America Integrated Quantum Optical Circuits Market
Europe Integrated Quantum Optical Circuits Market
Asia-Pacific Integrated Quantum Optical Circuits Market
Middle East & Africa Integrated Quantum Optical Circuits Market
Latin America Integrated Quantum Optical Circuits Market

About Future Market Insights (FMI)

Contact Us:

Passive Infrared Sensor Market Poised for Robust Growth: Key Trends and Forecasts for 2022 to 2032

The market for passive infrared sensors refers to its production and distribution. PIR sensors are electrical devices that can distinguish infrared radiation emitted by adjacent objects. These sensors are commonly used in a variety of applications, including energy management, occupancy detection, automatic lighting control, and security systems.

With a CAGR of over 15%, the passive infrared sensor market is predicted to grow significantly between 2022 and 2032, reaching around US$ 1.3 billion. The key driver of the global infrared sensor market is the increasing use of passive infrared sensors in a variety of electrical devices.

A passive infrared sensor is an electronic device that can generate light and detect the motion of an infrared emitting source, such as a human. Passive infrared sensors are used in security equipment, cameras, thermal cameras, spectrometers, household appliances, gas and fire detection systems, pyrometers, and temperature sensors, among other things.

Global Passive Infrared Sensor Market: Drivers

The widening application area of passive infrared sensors is accelerating the growth of the passive infrared sensor market. Expanding demand for motion-enabled smartphones, industrial machinery, medical equipment, and military & aerospace devices, rising uptake of wireless communication, and growing trends of industrial and home automation.

Global Passive Infrared Sensor Market: Restraints

Some of the restraints hindering the growth of the global passive infrared sensor market to some extent are the availability of alternative sensors at lower prices and the inability of passive infrared sensor to detect objects moving at very slow speeds.

Global Passive Infrared Sensor Market: Competitive Landscape

Key players in the global passive infrared sensor market focus on product innovation and introduction of new enhance products in order to outperform competitors. Major companies in the global passive infrared sensor market concentrate on expanding footprints across the world so as to enhance their customer base as well as profit margin.

Furthermore, high investment on research and development activities is another major strategy followed by major players in the global passive infrared sensor market. For example, General Dynamics Corporation invested 1.2% of its total revenue during fiscal year 2014 i.e. US$ 358 Mn in research & development (R&D) activities in order to enhance the efficiency of its business operations and foster innovation in product development.

Global Passive Infrared Sensor Market: Key Players

Some of the major players identified in the global passive infrared sensor market are Axis Communications AB, General Dynamics Corporation, Bosch security systems ltd., Current Corporation, Atmel Corporation, Elmos Semiconductor AG, Cypress Semiconductor, Epson Toyocom Corporation, Honeywell International Inc. and STMicroelectronics N.V. etc.

Regional analysis for Passive Infrared Sensor Market includes

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

Key Segments Profiled in the Passive Infrared Sensor Industry Survey

By Device:

Smoke Detector
Heat Detector
Motion Controller
Other Devices

By Range:

Short Wave Passive Infrared Sensor
Mid Wave Passive Infrared Sensor
Long Wave Passive Infrared Sensor

By Application:

Consumer Electronics
- Smartphones and Smart Mobile Devices
- Cameras
- Other Electronic
Healthcare
Industrial
Automotive
Defense and Aerospace

About Future Market Insights (FMI)

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

Hydroponics Market Expected to Surge 13.7% Per Year, According to Future Market Insights Inc.

The global hydroponics market size is anticipated to grow at a CAGR of 13.7% over the projected period, according to a Future Market Insights analysis. The hydroponics sector is anticipated to be worth US$ 12,644 million in 2023. By 2033, FMI anticipated that the hydroponics market could increase to US$ 45,623 million.

Hydroponics is one of the highly intense crop production methods in agriculture. Plants can be grown using this technique in a soilless environment and with nutritional solutions present. One of the widely used methods for growing crops without the use of pesticides or other artificial ripening agents is hydroponics. Given its capacity to better manage nutrient availability in the system, reduce the amount of time needed to generate significant crop yields, and limit soil-borne ailments, hydroponic crops are predicted to experience a sharp rise in popularity during the forecast period.

The world’s population is growing quickly, raising the need for food by nearly 200,000 people per day. As crops are lost due to insect infestations, natural calamities like droughts and floods, and pest infestations, the amount of arable land is also reducing globally, and production costs are rising. As a result, commercial hydroponics systems are receiving significant financial investment around the globe.

Being a form of space-efficient food production that even those without access to land in urban areas and rural areas may adopt, hydroponics offers a workable approach to achieving food security. Owing to rising concerns about environmental deterioration brought on by greenhouse effects, hydroponic farming has become more significant. Also, there has been a progressive rise in the need for hydroponic farming to fulfill the mushrooming demand for fruits and vegetables as agricultural infrastructures have evolved and improved.

Since it involves less water, labor, and land, producing food without the use of pesticides or other crop protection agents is very profitable. The growing demand for fruits and vegetables grown without pesticides is another factor boosting the market for hydroponic systems. It is becoming more and more typical for plants to move mechanically. There are likely to be more inventive chances for the sector to flourish as concerns about food supply and security grow.

Hydroponic farming has been progressively growing to increase vegetable output and fulfill the demand that is mushrooming as a result of the growth and development of agricultural infrastructures. Hydroponic farming has become more crucial due to growing worries about environmental deterioration brought on by greenhouse effects.

Hydroponic farming is anticipated to evolve as a result of rising investments in cutting-edge agricultural technology and innovation trends. Since hydroponic farming requires 95% less water than conventional farming, the business is expanding. With the use of this technology, crops may be produced in cities in several vertical and horizontal layers without the need for soil.

In line with the rising appeal of hydroponics throughout the world, businesses and experts are working to boost the effectiveness of the hydroponics system to boost both the quantity and quality of the output. Several companies make significant investments in research and development to obtain cutting-edge technologies that boost output and inspire various cultivars. Strong partnerships with academic institutions and research facilities support the growth of the hydroponics business.

Given the widespread adoption of hydroponics in nations like China, Australia, South Korea, and others, Asia Pacific had the lion’s share of the hydroponics market in 2022. With the proliferation of urban hydroponic farms, FMI anticipated that the market in China and India could grow considerably over the forecast period.

Comprehensive Industry Report: A Full Market Analysis

KEY TAKEAWAYS

The market in the United States has grown significantly in 2022 holding a 19.3% share of the global market.
The market in China is expected to grow at a CAGR of 8% over the forecast period.
The market in the United Kingdom is anticipated to grow at a CAGR of 7.5% through 2033.
With a CAGR of 13.4% over the forecast period, India is predicted to grow rapidly in the market.
Germany accounted for 9.9% of the global market in 2022.

COMPETITIVE LANDSCAPE

The top manufacturers of the hydroponics market are Emerald Harvest, Argus Control Systems Limited, Hydroponic Systems International, Emirates Hydroponics Farms, Advanced Nutrients (Canada), Freight Farms, Inc., Green Sense Farms Holdings, Inc., Signify Holding B.V., Terra Tech Corp, and others.

These companies have used a variety of strategies to get a solid advantage over their rivals. They have grown their number of new clients and prosperity by putting both organic and inorganic operational strategies into practice, such as the introduction of innovative goods, acquisitions, mergers, corporate modernization, and collaborations.

RECENT DEVELOPMENTS

In October 2022, GrowGeneration Corp. (GRWG) established its first hydroponic store in Virginia, a 9,000-square-foot location in Richmond. To take advantage of the growing hydroponics market, GRWG intends to increase the number of its stores in the region.
In July 2022, with a $40 million investment, Bustanica unveiled the leading hydroponic farm in the world. Emirates Crop One, a partnership between Crop One, and Emirates Flight Catering (EKFC), opened its first vertical farm at the site.

Hydroponics Market Segmentation

By Product Type:

Aggregate Systems
Liquid Systems

By Equipment:

HVAC
Irrigation Systems
Control Systems
LED grow Lights
Material Handing
Others

By Input:

Nutrients
Rockwool

By Crop Type:

Tomato
Lettuce and Leafy Vegetables
Pepper
Cucumber
Microgreens
Herbs
Fruits
Others

By Region:

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

About Future Market Insights (FMI)

Contact FMI:

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

Vanilla Bean Market Outlook: Forecasting a USD 1.93 Billion Industry by 2033

During the forecast period, the vanilla bean market is expected to grow at a 4.4% average CAGR. In 2023, the market is anticipated to have a share of US$ 1.26 billion. By 2033, it is projected to reach a value of US$ 1.93 billion.

Vanilla is widely used in the food and beverage industries as a flavouring for jams, jellies, and syrup. Vanilla’s antibacterial properties make it ideal for cleaning and mending damaged skin. Vanilla can help with symptoms of anxiety and depression.

It’s worth mentioning that the lowest-wage countries were selected since vanilla production requires a large workforce. Madagascar produces approximately 3000 tons of vanilla per year, according to the FAO. Uganda produced 150 tonnes in 2018. Vanilla is grown in the rural Comoros as well.

Future Market Insights’ most recent market report, “Vanilla Bean Market,” included these startling statistics as well as future projections. Analysts and consultants in this area have thoroughly explored the bottom-up strategy.

Complete Market Review: A Full Report Analysis

Key Takeaways from Vanilla Bean Market

Hawaiian vanilla could be recognized through presence of topical aroma with a tinge of caramel.
France-based vanilla bean makes way for a broad spectrum of certified Kosher, Halal, Organic, and Fairtrade products that match specifications needed at the commercial level; like vanilla powders’ fineness, solubility, and aromatic profiles. There are players like Eurovanille, which have been setting benchmark for more than 3 decades in vanilla bean market all over France. The productions, since the year 2014, have been certified by IFS (International Featured Standard) for ascertaining healthy and safe product.
Mexico is amongst the major cultivator of vanilla beans. This could be credited to symbiotic relationship that vanilla orchid and Melipona enjoy. It is a known fact that the Mexican bee mentioned above is the only one capable of pollinating vanilla orchid flower. Nielsen-Massey Vanillas, Inc. is making provisions for the product with Kosher and also holds the distinction of being free of gluten.
Madagascar vanilla beans are categorized as the ‘gold standard’ regarding quality. Also, they have vanillin in higher concentrations as compared to their counterparts.

Competitive Beans

Tahitian Gold Co., Inc., in January 2020, announced to come up with 3-Bean Blend. It’s a whole vanilla bean paste that the company is offering.
Eurovanille, in the year 2019, did announce building 1K m2 experimental greenhouse at Gouy-Saint-Andre, so as to characterize 2K vanilla plants in sync with genome study as well as decryption, which would be the scientific publication project (the company claims). Also, the year 2022 is into witnessing plant selection.
Symrise AG does use bourbon vanilla beans for making pure vanilla extract. These beans are long and slender, which do have a good taste, inclusive of dried fruit, rum, and raisins.

“Vanilla bean is abreast with anti-carcinogenic and anti-oxidant properties, which renders it useful in cosmetics, food & beverage, and pharmaceutical vertical”, says an analyst from Future Market Insights.

What does the Report Cover?

The research study is based on nature (conventional and organic), by form (whole and extract), by origin type (Indonesian, Madagascar, Mexican, Ugandan, Tahitian, and likewise), by sales channel (B2B/HoReCa, and B2C (hypermarkets/supermarkets, convenience stores, mom and pop stores, discount stores, food & drink specialty stores, independent small groceries, online retail, and others), and by application (food and beverages industry (bakery, confectionery, cheese & dairy, desserts, baby food, breakfast solutions, powder premixes, alcoholic beverages, and non-alcoholic beverages), nutritional supplements, pharmaceuticals, cosmetics & personal care, animal feed, household items, and others).
With vanilla bean being looked upon as one of the signature ingredients in hordes of products all across, the global vanilla bean market is likely to grow on a voracious note in the near future.

Frequently Asked Questions

How much worth is the vanilla bean industry?
At what CAGR is the market expected to expand through 2032?
How was the performance of vanilla bean over the past half-decade?
What will be the market for vanilla bean worth in 2032?
Who are the key players operating in the market?
Which are the top countries driving the vanilla bean market demand?
What are the key factors affecting the vanilla bean market growth?

About Future Market Insights (FMI)

Contact Us:

Hybrid Rice Seeds Market Expected to Exceed USD 10.8 Billion by 2033, According to Future Market Insights, Inc.

The hybrid rice seeds market is predicted to be worth US$ 5.1 billion in 2023, and rise to US$ 10.8 billion by 2033. Initially, the global market was expanding at a CAGR of 7% between 2017 and 2022.

Many abiotic and biotic factors present a barrier to sustainable rice agriculture. As a result, stress tolerance has been included into high-yielding varieties, which has shown to be a very successful method for creating these varieties that can handle such circumstances. This is boosting the hybrid rice seeds market and reducing the losses brought on by stress-related issues.

The development of hybrid rice seeds that are resistant to microbial infestations and produce larger yields in a relatively short amount of time than inbred types is another focus for hybrid seed producers, which is expected to fuel expansion.

Since rice is a staple food for around 60% of the world’s population, the demand for it is rising along with the worldwide population. In order to meet this rising demand and supply rice to various end users, rice yield per unit area has also increased.

To develop new hybrid rice seeds varieties and encourage farmers to use them, the government and numerous research institutions are working together.

Full Market Assessment: Comprehensive Report

Key Takeaways

By 2033, China is likely to dominate the hybrid rice seeds market, with a size of US$ 4.3 billion.
The hybrid rice seeds market was significantly expanding, with a size of US$ 4.8 billion in 2022.
There is a market opportunity of US$ 5.7 billion in absolute terms, which is driven by the change in consumption patterns.
The market in the United States is anticipated to expand at an adequate CAGR of 3.7% by 2033.
By 2033, Canada is likely to expand in the hybrid rice seeds market, with a size of US$ 75.6 million.
By 2033, the hybrid rice seeds sector is likely to increase in Japan, with a size of US$ 176.2 million.
The Indian market is anticipated to expand at an adequate CAGR of 8.8% by 2033.
Based on grain size, the long grains led the hybrid rice seeds market with a CAGR of 6.2% by 2033.
Based on duration, up to 110 days segment continues to dominate the sector during the forecast period, with a CAGR of 8.4%

Key Strategies in the Industry

Due to the rising need for bigger yields and better-quality produce, hybrid rice seed technology has experienced substantial expansion in the last few years. In order to gain market share in the fiercely competitive market for hybrid rice seeds, businesses must offer better variety, affordable prices, and aggressive marketing.

To remain ahead of the competition, businesses are developing new types and technologies. To reach more clients, they are also concentrating on marketing and advertising initiatives. In order to expand their reach, businesses are also concentrating on enhancing their distribution networks and opening new stores.

Recent Developments

Ricetec Inc. purchased the assets of Ganga Kaveri Seeds in 2019 to expand its product line and draw in more clients.
As of May 2019, Syngenta has released the SYN98 3-line hybrid rice variety in Vietnam. The Syngenta Nam Dinh Research Center has been given approval by the Ministry of Agriculture and Rural Development to start trial production of this variety in December 2017.

Key Segments

By Grain Size:

Long Grains
Medium-sized Grains
Short Grains

By Durability:

Up to 110 Days
111 to 140 Days
140+ Days

By Region:

North America
Latin America
Europe
East Asia
South Asia
Oceania
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 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Ginseng Industry Expected to Achieve USD 1,262.3 Million by 2034: Future Growth Analysis

The global ginseng market share value is projected to total USD 786.3 million in 2024 and USD 1,262.3 million by 2034. Demand for ginseng will likely increase at a steady CAGR of 4.3% throughout the forecast period.

Ginseng demand remains high in the pharmaceutical sector due to its potential health benefits. As per the latest analysis, the pharmaceutical products segment is estimated to hold a market share of 41.8% in 2024.

Multiple factors are anticipated to drive the ginseng industry forward during the assessment period. These include:

The multifunctional attributes of ginseng
Growing health consciousness among consumers
Rising interest in herbal supplements
Increasing demand for ginseng-based products
Continuous innovation in ginseng products

Today, consumers are increasingly seeking natural and organic products. As a result, there is a growing demand for herbal products like ginseng. This will continue to provide impetus for the growth of the ginseng market during the assessment period.

The varied applications of ginseng, encompassing its adaptogenic properties, immune system support, and potential cognitive benefits, are creating a robust demand among consumers seeking natural and holistic approaches to health. This trend is likely to persist as the awareness of ginseng’s health benefits continues to grow.

Ongoing scientific research into the medicinal properties of ginseng, including its potential impact on stress, immunity, and cognitive function, is contributing to the credibility and marketability of ginseng-based products. This will support market expansion through 2034.

As more studies highlight the potential health benefits of ginseng, consumers are becoming more confident in incorporating ginseng-based products into their wellness routines. This combination of traditional wisdom, anecdotal evidence, and scientific backing has created a compelling narrative around ginseng, driving its popularity in the health and wellness market.

Advances in extraction and processing techniques are influencing the development of ginseng products. Innovations in these areas may lead to the creation of new and more potent formulations, enhancing the overall appeal of ginseng-based offerings.

Ginseng producers leverage online channels for promotion and sales due to the increasing use of the internet and the simplicity of online transactions among consumers. Online merchants are favored by the majority of consumers, driving businesses to establish a strong online presence.

Extensive Market Research: Complete Report and Findings

Key Takeaways from the Ginseng Market Study

The global market for ginseng is set to have a total valuation of US$ 1,262.3 million in 2034.
Based on source, the cultivated ginseng segment will account for a revenue share of over 7% in 2024.
By end-use, pharmaceutical products segment is expected to hold a market share of 8% in 2024.
The United States is poised to exhibit a CAGR of 3% through 2034.
Ginseng demand in India is projected to grow at a CAGR of 1% from 2024 to 2034.

“The ginseng market is witnessing a transformative shift, propelled by a surge in consumer awareness of its health benefits, including adaptogenic properties and immune system support. Notably, the market is diversifying its product offerings, with manufacturers innovating in supplements, teas, and skincare products to cater to varied consumer preferences,” says a lead analyst at Future Market Insights (FMI).

Who is Winning?

A few of the leading players operating in the ginseng market are Organika Health Products Inc., Daedong Korea Ginseng Co., Ltd., Korean Ginseng Export Corporation, Ilhwa Co. Ltd., Korean Ginseng Corp., Shanghai FanPharma Co., Ltd., RFI Ingredients, Inc., Koshiro Co Ltd, Ningbo Gianon Biotech Co., Ltd., Nature’s Way, Sino-Nature International Co., Ltd., and other players.

Due to the rising consumer demand for ginseng, several leading manufacturers are focusing on offering it at the best possible pricing. They are constantly launching new products in lucrative regions as well as using sustainable farming practices. Many companies also employ strategies like collaborations, partnerships, and acquisitions to stay relevant in the market.

Recent Developments:

In December 2022, Korea Ginseng Corp. launched Pure Extract Heaven in the United States market to meet the rising demand for herbs and natural source supplements in the nation.

Get Valuable Insights into Ginseng Market Report

Future Market Insights (FMI), in its new offering, provides an unbiased analysis of the ginseng industry, presenting historical demand data (2019 to 2023) and forecast statistics for the period from 2024 to 2034. The study provides compelling insights based on source (wild, cultivated), form (raw, powder, extract), variety (oriental, American, Siberian, and others), and end-use (personal care products, dietary supplements, food and beverage processing, pharmaceutical products) across seven major regions.

About Future Market Insights (FMI)

Contact Us: