Vision Screeners Market is expected to grow at a CAGR of 5.9% during the forecast period 2022-2029

[240 Pages Report] Global vision screener sales are likely to near US$ 500 Mn by the end of 2022. According to a new research intelligence study presented by Future Market Insights (FMI), the market for vision screeners will continue to witness an average 5.5% Y-o-Y growth in the revenues in 2022 and ahead. As reported by the study, more than a third of overall sales of vision screeners is targeted to a variety of vision screening tests, followed by color vision tests.

While portable or handheld vision screening devices have been sought after over the years, it is more likely that the vision screening software will experience rapid gains in coming years, as a result of brisk technological penetration. Moreover, as key manufacturers are investing considerable efforts in technological innovations of vision screeners, table-top variants are also likely to see healthy sales growth in the near future. Currently, more than 50% of the total sales are accounted by portable or handheld devices that are used during vision screening procedures, as per the report.

The rising prevalence of vision problems, advancements in technology, increasing healthcare spending, and the growing prevalence of diabetes constitute some of the key factors responsible for driving the global vision screeners market revenues.

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In addition to some of the most commonplace vision disorders, newly establishing problems such as digital eye strain (more popularly, computer vision syndrome) are strongly necessitating the demand for efficient vision screening tests, particularly among the younger population. This, according to FMI’s analysis, will drive sales of vision screeners in the forthcoming years.

Inadequate Effectiveness of Vision Screening Tests Prevails in Developing Asian Markets

Accounting for a collective value share of over 60%, North America and Europe will continue to lead the pack in global vision screeners market. In addition to early adoption of advanced technologies and high awareness about vision problems and the significance of vision screening, the growth of market in these regions has been prominently attributed to the rapid consolidation of healthcare facilities within these regions.

On the other hand, dearth of skilled and trained professionals in the field of vision screening will remain the prime factor restraining vision screeners adoption across developing Asian countries. Relatively lesser competency to professionally and accurately assess vision screening results continues to pose significant barriers in the growth path of market within Asia Pacific (APAC).

According to the report, a sizeable number of vision screening tests cannot be performed on children who have reading problems such as hyperopia or astigmatism. As a result, the ineffectiveness of vision screeners continues to negatively influence the number of parents opting for pediatric vision screening tests, which is further a significant factor deterring the revenues of vision screeners market in APAC.

Pediatric Vision Screening Emerging as a Prime Focus Area for Innovations

Some of the key players competing in the global vision screeners market landscape include Hill-Rom Holdings, Inc. (Welch Allyn), Essilor International S.A. (Stereo Optical Company Inc.), Adaptica S.r.l., OCULUS Surgical, Inc., Plusoptix Inc., Honeywell International Inc., FIM Medical SAS, SHANGHAI TOP VIEW INDUSTRIAL CO., LTD., Thomson Screening Solutions Ltd., and Keystone View. While a majority of these companies are concentrating in technological upgrades of the current offerings, augmented investments targeting FDA approvals will be an important strategy.

Moreover, multiple longstanding challenges prevailing in children’s vision screening are highly likely to push the scope for innovations, which would help overcome the challenges and extend the efficiency of vision screening – specifically for children. The FMI study reveals how the companies that are manufacturing, supplying, and distributing vision screeners are strategizing on the growing traction in the pediatric patients segment.

To offer an exclusive outlook of the most influential trends and opportunities shaping the vision screeners industry landscape, the report has examined the market for a 10-year projection period, 2022-2029.

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Vision Screeners Market by Category

Product:

  • Table-Top Vision Screeners
  • Portable/Handheld Vision Screeners
  • Vision Screening Software

Technology:

  • Digital Vision Screeners
  • Computer-Based Vision Screeners

Application:

  • Vision Screening Tests
  • Color Vision Test
  • Binocular Testing
  • Others

End Users:

  • Hospitals
  • Homecare Settings
  • Specialized Clinics
  • Rehabilitation Centers
  • Ambulatory Surgical Centers

Region:                    

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

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On-Shelf Availability Solutions Market is expected to drive the market at 8.4% CAGR between 2022 and 2028

[240 Pages Report] On-shelf availability solutions are the technological tools that help retailers maintain, analyse and monitor the availability of various products in their store. On-shelf availability solutions are generally based on RFID technology & Internet of Things (IoT) sensors, and help in inventory management by monitoring the status of inventory and supply chain. On-shelf availability solutions help reduce out-of-stock situations by identifying potential issues and help in quickly resolving them to improve the overall profit margins.

The global on-shelf availability solutions market is expected to grow from US$ 2,486.9 Mn in 2028 to US$ 6,028.3 Mn by 2028 at a CAGR of 9.3% in terms of revenue during the forecast period (2022-2028). In this report, the global on-shelf availability solutions market is tracked in terms of value, and is calibrated to obtain the market revenue estimates of on-shelf availability solutions & services.

Increasing technological advancements in the retail sector, increasing collaborations between retailers & suppliers, accurate demand opportunity assessment and the rising need for business automation are some of the major factors fuelling the growth of the on-shelf availability solutions market. However, the risk of unauthorized access to data, higher deployment cost and operating in a dynamic environment are some of the major challenges that are hampering the growth of the on-shelf availability solutions market.

To understand and assess the demand and opportunities in the on-shelf availability solutions market, the on-shelf availability solutions market report is categorically split into five major sections: on-shelf availability solutions market analysis – by component, by deployment type, by application, by end user and by region.

On the basis of component, the on-shelf availability solutions market is segmented into software and services. The software segment of the on-shelf availability solutions market is expected to dominate the market throughout the forecast period with a market share of 75.0% and 75.7% in 2022 and 2028 respectively.

On the basis of deployment type, the on-shelf availability solutions market is segmented into on-premise and SaaS segments. The on-premise segment of the on-shelf availability solutions market is expected to dominate the market for the maximum duration of the forecast period owing to the high CAGR associated with it. The SaaS segment of the on-shelf availability solutions market is expected to grow from US$ 729.7 Mn in 2022 to US$ 2,210.0 Mn in 2028.

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On the basis of application, the on-shelf availability solutions market is segmented into historical data analysis, response time analysis, vendor pattern analysis, potential risk analysis and others. The response time analysis application segment of the on-shelf availability solutions market is expected to dominate the market throughout the forecast period and enjoy a market share of 27.6% % and 31.5% in 2018 and 2028 respectively.

On the basis of end user, the on-shelf availability solutions market is segmented into Consumer Packaged Goods (CPG) manufacturers, retailers, online retailers, suppliers, warehouses and others. The supplier end user segment of the on-shelf availability solutions market is expected to dominate the market throughout the forecast period owing to the high CAGR associated with it. The CPG manufacturer end-user segment of the on-shelf availability solutions market is expected to grow from US$ 725.0 Mn in 2018 to US$ 1,811.1 Mn in 2028.

The section on-shelf availability solutions market analysis by region includes an in-depth country-level analysis of all global regions, namely North America, Latin America, Western Europe, Eastern Europe, SEA and Others in Asia Pacific, Japan, China and MEA, by component, by deployment type, by application, by end-user & by country, and provides market data in terms of value for 2018-2028. In 2017, the market in North America dominated the overall global on-shelf availability solutions market, and it is also the fastest-growing region in the on-shelf availability solutions market.

The key players reported in this study on the global on-shelf availability solutions market are Panasonic Corporation; International Business Machines Corporation; SAP SE; Impinj, Inc.; MindTree Ltd.; Retail Solutions Inc.; Retail Velocity; Market6, Inc.; Lokad; Verix; Frontier Field Marketing; NEOGRID; eBest IOT and Enterra Solutions LLC.

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On-shelf Availability Solutions Market by CategoryComponent:

  • Software
  • Service

Application:

  • Historical Data Analysis
  • Response Time Analysis
  • Vendor Pattern Analysis
  • Potential Risk Analysis

Deployment Type:

  • On-premises
  • SaaS

End User:

  • CPG Manufacturers
  • Retailers
  • Online Retailers
  • Suppliers
  • Warehouses

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Region

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

GaN Power Devices Market SWOT Analysis, Key Indicators, Forecast 2027 : POWDEC, GaN Systems Inc., Wolfspeed, Inc., EXAGAN,Transphorm Inc., AIXTRON SE, STMicroelectronics

Gallium Nitride (GaN) is the material, which is used for the manufacturing of semiconductor power devices as well as light emitting diodes and RF components. GaN has demonstrated the capability to be the displacement technology for silicon semiconductors in power conversion, analog applications and RF.

A report triggered by Future Market Insights (FMI) states that the global GaN power devices market compresses several expansions and in addition mid-level sellers, owing to number of lucrative open doors in the market. According to the report, the global GaN devices market is estimated to witness expansion at double-digit CAGR throughout the assessment period (2017-2027).

Japan to Remain Dominant in Global GaN Power Devices Market

The hardware industry in Japan is the prominent purchaser of the gadgets ventures across the globe. With a huge income share, demand for semiconductors is high and GaN power devices are being decreased, effective and with low capacitance, overtake nearly limiting vitality misfortunes amid charging and releasing. This factor is likely to increase demand for GaN products and in this manner market will gain momentum.

GaN has wide application as a part in transistors and due to its enhanced properties, for instance, high warm conductivity, high voltage potential, substantial basic fields, these gadgets deliver high exchanging frequencies and better power thickness empowering transistors tofre work at high voltage levels. Such type of transistors have many uses in various in different fields and provide better outcomes, this is another driving factor influencing growth of the market. A best example for it is- a IT gear producing organization situated in Japan, Fujitsu Limited, in Jan 2016, built up a GaN high-portability transistor power developer with significant yield execution of the world for wideband remote broadcasts, that was 1.8X more noteworthy than some time recently, permitting over 30% more prominent range foe a fast remote system.

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Increasing developing work activities in GaN substrate in charge of the development of the Japan GaN power devices market. Owing to GaN innovation highlights, for example, scaling down, high breakdown voltage, high exchanging recurrence, demand for GaN power devices has been propelling and continuous research has been finished by inquiries of focuses in Japan and incremental competences of GaN. Moreover, couple of years ago, a team of specialist from the institute of Industrial science at the Tokyo University discovered other innovation for manufacturing GaN LEDs on the crystal substrate. Costs for fabrication can be cut down along with actuating OLED light boards, with implementation of this improvement.

Restraints

However, shrinking path of the semiconductor is the key factor that is limiting the growth of the GaN power devices market. Problems associated with present assembly and interconnect technologies are growing with expanding high current density in GaN devices. The major problem consist of low impedance interconnects, higher thermal resistance and lower thermal capacitance per chip requiring more chip temperature and better thermal interconnects. The requirement for handling present densities per package and the similar heat flow generating by smaller footprints to be removed from the ambient atmosphere is also increasing. Such factors are anticipated to remain key challenge for growth of GaN market in Japan region.

Competitive Landscape

Several leading players operating in the market that are profiled in the report include Texas Instruments Incorporated, Qorvo, Inc., Infineon Technologies AG, Toshiba Corporation, Panasonic Corporation, and NXP Semiconductors N.V. The market is anticipated to witness section of acute number of GaN power gadget sellers in foreseeable period, increasing the opposition. Some other prominent players in the market, that have huge contribution in the growth of the market are POWDEC, GaN Systems Inc., Wolfspeed, Inc., EXAGAN,Transphorm Inc., AIXTRON SE, STMicroelectronics, IQE PLC, and Efficient Power Conversion Corporation.

Market segmentationBy Technology

  • 4H-SiC MOSFET
  • HEMT
  • Others

By Wafer Material

  • GaN SiC
  • GaN Si

By Wafer Size

  • Less than 150mm
  • 150mm-500mm
  • More than 500 mm

By Industry

  • Consumer Electronics
  • Energy & Utilities
  • Automotive
  • IT & Telecom
  • Others

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By Region

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

Neuromyelitis Optica Market Size Estimates and Forecasts by Region, Growth Rate and Trend Analysis by Types and Application 2020 to 2030

Neuromyelitis Optica Market Overview

Neuromyelitis optica is an uncommon disease affecting the central nervous system, spinal cord and optic nerves.  The major symptoms of neuromyelitis optica are inflammation of eye called optic neuritis followed by inflammation of spinal cord called transverse myelitis.

The inflammation mostly occurs in one eye but both the eyes can be eventually affected. This is followed by loss of clear vision. During early stages it might be difficult to distinguish between neuromyelitis optica and multiple sclerosis as both involve optic neuritis and myelitis as symptoms.

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However, the symptoms tend to be more severe in case of neuromyelitis optica. Neuromyelitis optica is be considered autoimmune disease with no known exact cause of autoimmunity.

COVID-19 impact has been unprecedented on various sectors of economy. The international neuromyelitis optica market will not remain untouched from its impact. The supply chain disruptions, volatility in markets, uncertainty in lockdown regulations could be some of the areas where the global neuromyelitis optica market can witness COVID-19 consequences.

The factors that would drive the growth of the global neuromyelitis optica market are growing incidence of the disorder. The growing awareness among the governments towards orphan drugs and diseases is also expected to drive the global neuromyelitis optica market upwards.

Recent drug developments and approvals by FDA to the drugs for the treatment of neuromyelitis optica will further encourage the industry and future investments can be expected to push the global neuromyelitis optica market for growth. Developing appropriate diagnostics to differentiate the neuromyelitis optica from multiple sclerosis can further boost the global neuromyelitis optica market.

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Product pipeline of many companies involving drugs for improving symptoms avoiding relapses and restoring the neurological functioning of the patients will also add to the growth of the market of neuromyelitis optica.

Long trial periods together with stringent regulatory reforms could be one major reasons for the growth hindrance of the neuromyelitis optica market.

The Global market of neuromyelitis optica is expected to grow at a steady rate owing to the growing incidence of neuromyelitis optica syndrome in the world. Based on the drug class monoclonal antibody can be estimated to register a steady growth owing to the recent FDA approval it got for the treatment of neuromyelitis optica.

Based on the route of administration subcutaneous segment can be poised to mark a decent growth in the global neuromyelitis optica market as the dosage can be taken as per the patient’s convenience.  Based on the distribution channel hospital pharmacies can be expected to be attractive as the medication will be under the medical guidance.

North America can be estimated to dominate the global market for neuromyelitis optica owing to the accessibility of drug and other complementary treatment to the people coupled with greater awareness among the medics to diagnose the disorder.

East Asia can be estimated to contribute positively to the emerging market of neuromyelitis optica since the incidence rates are higher in East Asians at 3.5 per 100000. Europe can also be expected to contribute to the growing market of neuromyelitis optica as there are increased incidence cases in Denmark Sweden and Hungary.

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Oceania can also be estimated to grow as an emerging market for the global neuromyelitis optica market as both Australia and New Zealand have higher incidences coupled with adequate medical facilities.

The major market players active in the global neuromyelitis optica market are

  • Pfizer
  • Roche
  • Sandoz (Novartis)
  • Intas
  • Octapharma
  • Teva
  • Baxter
  • Grifols
  • Fresenius Medical Care
  • AstraZenca
  • CSL Behring
  • Tianjin Kingyork

The report covers exhaustive analysis on:

  • Neuromyelitis optica Market Segments
  • Neuromyelitis optica Market Dynamics
  • Historical Actual Market Size 2015 – 2019
  • Neuromyelitis optica Market Size & Forecast 2020 to 2030
  • Market Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Market Drivers and Restraints

Regional analysis includes

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East & Africa Report Highlights:
  • Shifting Industry dynamics
  • In-depth market segmentation
  • Historical current and projected industry size recent industry trends
  • Key Competition landscape
  • Strategies for key players and product offerings
  • Potential and niche segments/regions exhibiting promising growth
  • A neutral perspective towards market performance

Key Segments

The global neuromyelitis optica market is segmented based on drug class/therapy type, indication type, route of administration, distribution channel and region.

drug class :

  • Rack mount
  • Portable

indication type :

  • Acute Attacks
  • Remission Prophylactic Treatment

route of administration :

  • Intravenous
  • Subcutaneous

distribution channel :

  • Hospital Pharmacies
  • Online Stores
  • Retail Stores
  • Drug Stores

Internet of Things (IoT) Security Product Market is anticipated to witness a CAGR of 14.9% during the forecast to 2030.

[404 pages Report] Government organizations of various countries have partnered with IoT technology companies for implementing IoT across urban cities. These organizations are also providing funds for the development of IoT applications to technology vendors. Due to increasing smart city projects, the adoption of sensor applications is rising significantly. A growing number of connected devices is expected to fuel demand for Internet of Things (IoT) security product market. Rising penetration of mobile network connectivity increases security threat and industry guidelines to implement embedded hardware solutions, drives the Internet of Things (IoT) security product market.

The value of the global Internet of Things (IoT) Security Product market is anticipated to witness a CAGR of 14.9% during the forecast period of 2020-2030.

Key Takeaways of Internet of Things (IoT) Security Product Market Study

  • Among the application segment, the smart grid sub-segment is expected to witness a high growth rate during the forecast period, owing to the security and privacy considerations for IoT application on smart grids.
  • East Asia is expected to create lucrative growth opportunities for players in the Internet of Things (IoT) Security Product market, due to increasing number of projects implemented by using IoT tools and data sets, in the countries of this region.

“Demand for IoT is significantly increasing owing to rising demand for connected devices such as smart cars, smart meters and machine to machine (M2M) communications, such factors increasing demand for Internet of Things (IoT) security product market,” Says the FMI Analyst

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Increasing Adoption of Internet of Things (IoT) Security Product Market amid the COVID-19 Pandemic outbreak

The COVID-19 pandemic outbreak has disrupted many industries, such as the Internet of Things (IoT) security product market. Many private, as well as government organizations, have allowed their employees to work from home amid the lockdowns, which has created the need for monitoring the network security proactively, as people are remotely connected consuming enterprise resources and sharing documents using collaboration tools. For Instance, East Asia accounted for 42% of the total installed connected devices such as smart meters, and among others, in 2019, which is estimated to increase in the forecast period for remote monitoring of the infrastructure during times of such pandemic. Business is increasingly adopting security solutions to manage such security risks in the new home-working environment. Amid the COVID-19 pandemic, there has been led IoT healthcare security solution providers to quickly render solutions for combatting the increasing demand for a high-quality solution for protection against the COVID-19 virus. The growth of the Internet of Things (IoT) security product software solutions will be profoundly impacted in different application, such as Machine-to-Machine (M2M) communication, Vehicle-to-Vehicle (V2V) communication, and among others.

internet of things (IoT) security product market

Adoption of IoT devices in the medical sector

Enterprises are required to upgrade their health IT infrastructure for shifting to the Internet of Things and to keep up with increasing adoption of connected medical devices. This technological advancement enables patients and service providers to enable more efficient management and security measures of information and data in the healthcare sector. At the same time, adoption of connected devices has loop-holes for hackers to steal data such as patient records and also conceal services being offered by healthcare service providers. As a result of such cyber threats, healthcare organizations adopting connected medical devices also prefer adopting cyber security solutions.

More Valuable Insights on Internet of Things (IoT) Security Product Market

FMI’s report on the Internet of Things (IoT) security product market is segmented into five major sections such as component (hardware, and software), deployment type (end-point or device security, network security, identity and access management, vulnerability management, messaging security, web security, others), applications (Machine-to-Machine (M2M) communication, smart grid, home and building automation, wearable computing devices, Vehicle-to-Vehicle (V2V) communication), Vertical (consumer goods and retail, consumer goods and retail, transportation and logistics, healthcare, energy and utility, others) and region to help readers understand and lucrative evaluate opportunities in the Internet of Things (IoT) security product market.

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Internet of Things (IoT) Security Product Market: Segmentation

By Component

  • Hardware
  • Software

By Deployment Type

  • End-point or Device Security
  • Network Security
  • Identity and Access Management
  • Vulnerability Management
  • Messaging Security
  • Web Security
  • Others

By Application

  • Machine-to-Machine (M2M) Communication
  • Smart Grid
  • Home and Building Automation
  • Wearable Computing Devices
  • Vehicle-to-Vehicle (V2V) Communication

By Verticals

  • Consumer Goods and Retail
  • Manufacturing
  • Transportation and Logistics
  • Healthcare
  • Energy and Utility
  • Others

By Region

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • MEA
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Weather Information Technology Market is set for a healthy growth outlook over the following years, surpassing estimated revenues of US$ 7 Billion in 2029

Global demand for weather information technology is set for a healthy growth outlook over the following years, surpassing estimated revenues of US$ 7 Bn in 2029. As suggested by a new Future Market Insights (FM) report, weather information technology market would receive a prominent push from the growing adoption of real-time weather forecasting solutions.

Rising demand for efficient data analytics for weather forecasting and continuous changes in climatic patterns have boosted the demand for weather information technology for continuous weather monitoring enabling disaster management. The intergovernmental panel on climate change (IPCC) highlighted various climatic risks for food security and farming as well as the potential of enhanced climate and weather early warning systems to assist farmers.

Key Takeaways – Weather Information Technology Market Study

  • Demand from aviation industry would witness a high growth rate, owing to rising adoption of weather information technology in military & defense sectors.
  • Market share held by air quality monitoring is projected to increase at a striking CAGR during the forecast period, due to increasing focus to monitor and control levels of air pollution.
  • North America is anticipated to dominate the weather information technology market due to increasing application of supercomputing for weather forecast in the region.
  • Management of climate and weather information technology can help better-informed policy for community and institutions that decrease related risks and offer efficient use of limited resources, livestock, improve fishery production, and increase the crop yield.

Weather information through mobile apps and websites, and promotion of commercial applications such as hyper-local forecast, stunning weather virtualization, and smart notification in APEJ are creating opportunities for global players.

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weather information technology market share by region

Increasing Environmental Observations and Monitoring of Weather Information Technology Boost the Market Growth

Various technological trends that are changing all areas of the market are fueling advances in weather prediction. Advances in modeling and forecasting, cloud, big data and analytics, smart devices, and mobile computing are fueling innovations in service delivery. Rapid growth in personal weather stations and smart connected devices has increased the data available for weather observation and monitoring and may have the potential to improve the accuracy of hyperlocal weather forecasts. Hence, the adoption of monitoring and environment observations is driving the growth of the weather information technology market.

For instance, in March 2018, the Lockheed martin Corporation successfully launched GOES-17 Satellite to provide broad coverage with powerful new weather monitoring technology for meteorologists. This satellite will continue to produce dazzling weather data that has captivated forecast.

More Valuable Insights on Weather Information Technology Market

FMI’s report on the weather information technology market is segmented into six major sections such as solutions (systems, and services), applications (air quality monitoring, weather monitoring, weather forecasting, and others (chemical & space weather monitoring)), industry (utilities, agriculture, military & defense, transportation, marine, aviation, and others(mining, energy utilities, chemicals)), and region to help readers understand and lucrative evaluate opportunities in the weather information technology market.

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WEATHER INFORMATION TECHNOLOGIES MARKET TAXONOMYThe global weather information technology market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to readers.

Solution

  • Systems
    • Automatic Weather Stations
    • Automated Weather Observing System (AWOS)
    • Sounding Systems
    • Weather Radar
    • Others(Lightening, Air Quality)
  • Services
    • Maintenance Services
  • Consulting Services

Applications

  • Air Quality Monitoring
  • Weather Monitoring
  • Weather Forecasting
  • Others (Chemical & Space Weather Monitoring)

Industry

  • Utilities
  • Agriculture
  • Military & Defense
  • Transportation
  • Marine
  • Aviation
  • Others(Mining, Energy Utilities, Chemicals)

Region

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

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Model Based Manufacturing Technologies Market over the forecast period, generating a revenue of US$ 21.0 Billion by 2031

In recent years, the manufacturing industry has witnessed sluggish growth owing to various macro-economic factors such as Brexit concerns, fluctuations of oil prices, and foreign trade policies. Tech developments in model-based offerings are expected to play a key role in the future of the sector. According to a recent report by Future Market Insights (FMI), the global model-based manufacturing technologies market is estimated to register a CAGR of over 8% during the forecast period of 2021-2031.

Performance requirement among manufacturers from new tool and equipment designs for higher efficiency is increasing. This has encouraged industrial manufacturers to focus on developing technology platforms and new operating models that enable connected products and services for integration to their customer operations.

This trend of technological development is expected to support growth of the market. Moreover, rapid technological advancements in the automobile industry, have resulted in an increase in demand for model-based manufacturing technologies to improve economic competitiveness.

The increasing number of RFID-based manufacturing technologies and digital manufacturing in automotive, and oil and gas sectors is expected to catalyse the growth of model-based manufacturing technologies.

In Europe & North America, many manufacturers are adopting Industry 4.0 standards in addition to integration of Smart Factory solutions in their production processes, which leads to efficient production with reduced inventory cost.

model based manufacturing technologies market key countries and industry mekko chart, 2021

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Key Takeaways: Model Based Manufacturing Technologies Market

  • The cloud deployment segment will reflect relatively faster growth with a CAGR of 8.7%, owing to the benefits of remote access.
  • Large enterprises are estimated to contribute over 59% of the overall market. However, small and medium enterprises (SMEs) are likely to reflect a strong CAGR of above 8%.
  • Among end-use industries, the automotive segment is anticipated to hold the dominant share of 23.8% in 2021, backed by the rise of IoT connectivity opportunities.
  • The U.S. is projected to account for over 81% of North America owing to adoption of next-gen emerging technologies.
  • The market in India is expected to progress at a noteworthy CAGR of more than 13% through 2031, driven by an expanding automotive sector.
  • The U.K. market is expected to rise at a CAGR of close to 10% over the coming decade, with impetus from research and development programs.

“The proliferation of cloud-based services, the Internet of Things (IoT), smart phones, DIY machine connectivity, and low-code platforms is encouraging manufacturers to adopt model-based manufacturing technologies to augment the pace of innovation in the manufacturing ecosystem,” says FMI analyst.

COVID-19 Impact Analysis on Model Based Manufacturing Technologies MarketThe covid-19 pandemic has adversely affected the global manufacturing industry. This disruption has brought attention to some of the leading challenges faced by the industry and have also highlighted the need to speed up production to boost supply chain resilience. In addition, the economic uncertainties have resulted in pressure on manufacturers to bring down costs while increasing overall efficiency.

Model based manufacturing technologies are likely to create a safer working environment by using automated manufacturing assets which use intelligent decision-making algorithms and networked sensors. Model-based manufacturing technologies facilitate goods and service operations, mitigating the severity of industrial chain disruption. Hence, the model-based manufacturing technologies market is estimated to grow at 6% to 7% Y-o-Y from 2019 to 2021.

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Who is Winning?Leading manufacturers in the moderately consolidated model-based manufacturing technologies market are focused on product and services development endeavors, while also pushing for geographical expansion strategies to leverage previously untapped markets in emerging economies.

Leading players in the market include but are not limited to Aspen Technology Inc., Oracle Corp., SAP SE, Honeywell International Inc., Ibaset Inc., Autodesk Inc., PTC, Inc., Siemens PLM Software Inc., Rockwell Automation, Inc., Dassault Systemes, Schneider Electric SE, ABB Ltd., Seabrook Technology Group, Vero Software Ltd. Sogeti High Tech SAS, KPIT Technologies Limited, General Electric Company, Statii Ltd., CNC Software, Inc., and Cimatron Technologies, Inc.

More Valuable Insights on Model Based Manufacturing Technologies MarketFMI’s report on the model based manufacturing technologies market is segmented into five major sections – solution (software – manufacturing execution systems (MES) software, material requirements planning (MRP) software, product lifecycle management (PLM) software, CAD/CAM software, manufacturing ERP software, and others, and service – professional & managed), deployment (cloud and on-premises), enterprise size (SMEs and large enterprises), industry (automotive, electronics and semiconductors, aerospace and defense, oil & gas, healthcare & pharmaceuticals, food & beverages, and others) and region (North America, Latin America, Europe, East Asia, South Asia & Pacific, and the Middle East & Africa), to help readers understand and evaluate lucrative opportunities in the model based manufacturing technologies market.

Model Based Manufacturing Technologies Market by CategoryBy Solution:

  • Software
    • Manufacturing Execution Systems (MES) Software
    • Material Requirements Planning (MRP) Software
    • Product Lifecycle Management (PLM) Software
    • CAD/CAM Software
    • Manufacturing ERP Software
    • Others
  • Services
    • Professional Services
      • System Integration & Implementation
      • Security Consulting
      • Support & Maintenance
    • Managed Services

By Deployment:

  • Cloud
  • On-premises

By Enterprise Size:

  • Small and Medium Enterprises (SMEs)
  • Large Enterprises

By Industry:

  • Automotive
  • Electronics and Semiconductors
  • Aerospace and Defense
  • Oil & Gas
  • Healthcare & Pharmaceuticals
  • Food & Beverages
  • Others

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By Region:

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

Metrology Software Market is growing at a CAGR of around 7.0% for 2021 – 2031

[400 Pages Report]According to the metrology software industry analysis by Future Market Insights (FMI), the demand registered in the metrology software market will increase at a CAGR of 7.0% from 2021-2031.

The report also forecasts that the market will surpass a valuation of ~US$ 900 Mn by the end of 2021. As per Future Market Insights, an ongoing shift toward inline metrology or process-integrated measuring instruments and rapid technological advancements have created ample opportunities for application of metrology software. These technologies have become essential in improving economic competitiveness across industries, which is propelling the market growth.

Metrology is the scientific study of measurements and their successive deployment across various industries. The demand within the global market for metrology software has been rising on account of advancements in the field of electronics and semiconductors. Metrology has a wide area of operation and has emerged as an important process across an array of industries. Hence, it is expected that the global market for metrology software would expand at a significant rate in the years to come.

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Furthermore, growing acceptance for point cloud capabilities, drive towards precision engineering, and demand for portable Coordinate Measuring Machine (CMM) software are collectively driving adoption of metrology software solutions across the globe.

Additionally, their ability to integrate multiple functions within a single unit, thereby making device compact has further fueled market momentum in different verticals. These factors are projected to contribute towards a single digit compounded annual growth rate during the forecast period.

Key Takeaways: Metrology Software Market

  • By solution, the on-premises metrology software segment is anticipated to account for the leading share in the global demand for metrology software during the forecast period. However, the cloud-based metrology software segment is estimated to grow at a healthy CAGR of more than 6.0% through 2031.
  • The application of metrology software in measurement and alignment segment is anticipated to increase at a CAGR of nearly 7.0% between 2021 & 2031, while quality control and inspection segment is currently dominating the market.
  • The adoption of metrology software by healthcare sector is expected to rise at the maximum pace. As per Future Market Insights, demand in this segment will increase by a CAGR of around 6.5% between 2021 and 2031.
  • North America is expected to lead the market followed by Europe in 2021. South Asia & Pacific is anticipated to emerge as the fastest growing region between 2021 & 2031.
  • The market in Japan is expected to progress at a CAGR of around 6.0% through 2031.
  • In the U.K., sales are expected to increase at a CAGR of close to 7.5% over the next ten years.

 “Increase in global research and development (R&D) spending on developing and launching new metrology products and solutions will remain a chief growth driver. In addition to this, rise in adoption of big data analytics in industrial applications in order to manage the large volume of data generated across industries in appropriate manner, is likely to create growth avenues for the market” says Future Market Insights analyst.  

metrology software market key countries and industry mekko chart 2021

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Entry Barrier for New Players Might Restrict Growth

The presence of large and strong players in the market such as Hexagon AB, FARO Technologies Inc., and others who enjoy a strong presence in sales and distribution channels, provides a significant challenge to small and new players with limited resources.

New players also find it difficult to provide all solutions bundled in a single metrology software package, which can cater to the breadth and depth of the entire product line of an end-user affecting decision-making while giving contracts.

Electronic Manufacturing Sector to Witness Significant Growth

Primary factors driving the demand for the metrology software are application of advanced technologies to facilitate electronic manufacturing and consistent development of advanced nanotechnology, smart materials, flexible electronics, and green manufacturing.

Metrology software solutions have become indispensable for electronic manufacturing and quality inspection activities. In the rapidly-growing electronic manufacturing industry, organizations are aiming to design and manufacture new products.

The electronic industry is growing at a rapid pace, owing to technological advancements and product innovation. This is driving the metrology software market, as the manufacturing processes are becoming increasingly complex.

More Valuable Insights on Metrology Software Market

Future Market Insights’ report on the metrology software industry research is segmented into four major sections – solution (metrology software and services), application (measurement  and alignment, quality control and inspection, virtual simulation, reverse engineering, and others), industry (automotive, aerospace and defense, power and energy, consumer electronics, healthcare, manufacturing, and others), and region (North America, Latin America, Europe, East Asia, South Asia & Pacific, and the Middle East & Africa), to help readers understand and evaluate lucrative opportunities in the metrology software demand outlook.

Metrology Software Outlook by Category

By Solution, Metrology Software Demand is segmented as:

  • Metrology Software
    • Cloud-based
    • On-Premises
  • Services
    • Software Consulting
    • System Integration & Implementation
    • Support & Maintenance

By Application, Metrology Software Outlook is segmented as:

  • Measurement and Alignment
  • Quality Control and Inspection
  • Virtual Simulation
  • Reverse Engineering
  • Others

By Industry, Metrology Software Demand is segmented as:

  • Automotive
  • Aerospace and Defense
  • Power and Energy
  • Consumer Electronics
  • Healthcare
  • Manufacturing
  • Others

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By Region, Metrology Software Sales is segmented as:

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

Human combinatorial antibody libraries (HuCAL) Market Size, Share, Competition Landscape, Manufacturers Analysis and Future Opportunity Outlook 2030 | Says FMI Analyst

Human combinatorial antibody libraries (HuCAL) Market Overview

Human combinatorial antibody libraries (HuCAL) are synthetically designed antibody with 95% of structural human immune repertoire and cloned in E. coli phagemid. Human combinatorial antibody libraries (HuCAL) have widespread applications in immunochemical diagnosis, basic research, high-throughput sequencing, and therapeutic research in various bioscience disciplines and biotechnology.

Human combinatorial antibody libraries (HuCAL) are highly sophisticated, improved accuracy, speed, advanced visualizations, easy elution, diversity and specificity and wide range applications.

The global human combinatorial antibody libraries (HuCAL) market is anticipated to grow with the help of its sophisticated, wide range applications in biosciences research and diagnostics, fueled by government aid and investments, improving R&D technologies.

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Coronavirus emergences resulted in uncontrollable infection spread and massive deaths, which pushed the domain of research, diagnosis and drug development to a great extent to curb its wrath. Human combinatorial antibody libraries (HuCAL) and other antibodies have witnessed a surge in the diagnostics, research and drug development due to the Coronavirus pandemic.

The government aid and elevated research investments are expected to leverage the market furthermore.

The global human combinatorial antibody libraries (HuCAL) market is driven by its sophisticated features leading to acceptance into research and diagnostics for various biosciences applications such as cancer, stem cell and neurobiology.

Human combinatorial antibody libraries (HuCAL) is a preferred choice for basic research, drug screening, immunological diagnostics and target validations and other uses in proteomics and genomics, thus it paves the exploration of un-traversed aspects and speed of bioscience researches.

Leading players such as Bio-Rad has implemented human combinatorial antibody libraries (HuCAL) for antibody specificity research, therapeutics and diagnostics commercial applications. Human combinatorial antibody libraries (HuCAL) are vastly used with ELISA, immunofluorescence and flow cytometry for diagnosis of the pathogen using protein-protein interaction and advanced visualizations.

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The government support, subsidization and huge investments along with advancing technologies are propelling the human combinatorial antibody libraries (HuCAL) market. However, the barring of some common immunoassays reagents and protocols such as pull-down experiments, with immunoassays with human combinatorial antibody libraries (HuCAL).

Also, the high-cost and pricing pressure faced by the companies of human combinatorial antibody libraries (HuCAL) decelerates its market growth. Although, the overall human combinatorial antibody libraries (HuCAL) market is poised to grow with the technological and research advancements, rapid custom antibody production, popularity screening and cloning, massive utility in pharmaceutical and research domain for biosciences such as cancer, neurosciences and stem cells.

The global human combinatorial antibody libraries (HuCAL) market is poised to grow lucratively with its massive applications into therapeutic research and diagnostics of various biosciences domain, along with the technological advancements and investments.

By applications, oncology rules the human combinatorial antibody libraries (HuCAL) applications with the surging cancer cases, elevated uses and development of antibodies for research and therapy.

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By end-users, pharmaceutical and biotechnology companies lead the segment due to the massive domain of human combinatorial antibody libraries (HuCAL) into drug developments, therapeutic antibodies and diagnostics.

North America leads the global human combinatorial antibody libraries (HuCAL) market with the massive research and technological advancements for chronic diseases and bioscience applications, government funding and key players.

Europe holds the second largest global human combinatorial antibody libraries (HuCAL) market, driven by the advanced research infrastructure, advanced technology, government support and investments for diagnostics and therapies of cancer and other chronic complications.

Asia-pacific human combinatorial antibody libraries (HuCAL) market is growing significantly with the research advancements, emerging companies, government aid and investments.

Latin America and Mea &Africa human combinatorial antibody libraries (HuCAL) market are stagnant due to the high cost of the antibodies, laggard research infrastructure and low expenditures.

The key players of global human combinatorial antibody libraries (HuCAL) market include

  • Bio-Rad
  • MorphoSys
  • Taurus Biosciences

The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Historical Actual Market Size, 2015 – 2019
  • Market Size & Forecast 2020 to 2030
  • Market Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Market Drivers and Restraints

Regional analysis includes

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East & Africa Report Highlights:
  • Shifting Industry dynamics
  • In-depth market segmentation
  • Historical, current and projected industry size recent industry trends
  • Key Competition landscape
  • Strategies for key players and product offerings
  • Potential and niche segments/regions exhibiting promising growth
  • A neutral perspective towards market performance

Key Segments

The global human combinatorial antibody libraries (HuCAL) market is segmented into applications, end-users and regions.

applications:

  • Oncology
  • Neurosciences
  • Stem Cells
  • Immunology

end-users:

  • Pharmaceutical and Biotechnology Companies
  • Diagnostic Labs
  • Research and Academic Institutes

Glycoprotein Analysis Market Trends, Strong Application Scope, Key Players, Growth Overview and Forecast by 2030

Glycoprotein Analysis Market Overview

Glycoprotein is the proteins with oligosaccharide moieties which emerge after glycosylation during post-translational or co-translational modification of proteins.

Glycoprotein plays a crucial role in cellular metabolism and functions including cell signalling, cellular adhesion, immune system, pathogenicity, genesis and progression of metabolic disease and biomarker of diseases such as cancer.

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There Glycosylations are of two types, O-glycosylation on Serine (Ser) or Threonine (Thr) residues and N-glycosylation on Aspargine (Asn) residue with the consensus sequence of Asn-X-Ser, where X is any amino acid except proline (Pro).

Glycoprotein analysis can be instrumental for understanding its structure and function and its role in the underlined diseases prognosis and their therapy. The global glycoprotein analysis market is anticipated to grow with the advancing research of glycoprotein into chronic diseases.

Coronavirus has leveraged the global glycoprotein analysis market growth. Coronavirus glycoprotein coat is actively dwelled to decode the pathogenicity and develop vaccine or therapies for the novel-virus.

Immunoblotting analysis, epitope mapping, chromatography, spectrometry and many others are actively implemented for research and glycoprotein analysis

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Glycoprotein Analysis Market: Drivers and Restraints

The global glycoprotein analysis market driver includes the massive research and technology for glycoprotein analysis to unravel their structure and function. Glycoprotein analysis has a huge market base in food consumption bacterial and yeast protein production and healthcare.

Also the advancing R&D technology and investments into glycoprotein analysis for drugs therapies vaccines disease progression understanding the biology of glycoprotein and product launches.

Glycoprotein analysis is has massive rseaech involvement into cancer of breast prostate and ovary malfunctioning glycoprotein associated enzyme and metabolism aberrations resulting in glycoprotein storage diseases including Alpha-Mannosidosis Aspartylglucosaminuria and Beta-Mannosidosis.

Glycoprotein analysis has attracted huge R&D investments subsidization and reimbursements for glycoprotein associated antibodies mutations and associated pathway targeting which altogether propels the glycoprotein analysis market growth.

However the smooth growth of glycoprotein analysis market is halted due to low abundance of native target glycoproteins purification enrichment and fractionation issues simultaneous glycoprotein sequencing glycan moieties and glycosylation sites analysis.

Glycoprotein analysis gets complex due to the increasing heterogeneity of glycan structures. Glycoprotein analysis requires further sensitive and quantitative methods for the urgent detection of specific glycoform and its role in disease progression.

Glycoprotein analysis techniques such as spectroscopy and chemical reagents are expensive labour-intensive and the dearth of research and medical professionals decelerates the growth of glycoprotein analysis market.

Despite these constraints global glycoprotein analysis market is poised to grow lucratively due to the progressing R&D and healthcare and investments driven by the vast application of glycoprotein in healthcare and food.

The novel analysis methods with improved accuracy sensitivity and efficacy and cost-effectiveness which will  propel the global glycoprotein analysis market furthermore.

Glycoprotein Analysis Market: Overview

The global glycoprotein analysis market is growing lucratively with the technological advancements of glycoprotein analysis for research healthcare and food. By glycosylation the global glycoprotein analysis glycosylation is divided into N-linkage and O-linkage which have a crucial role in the progression and therapy of several diseases.

N-glycosylation plays crucial role in arthritis cancer diabetes Crohn’s diseases and several nervous system diseases. N-linked glycoprotein is found in therapeutic antibodies including Rituximab Etanercept and Infliximab. O-glycosylation is involved in antibody structure analysis and development targeting of Alzheimer diseases and cancers by O-glycan structure and terminal Lewis epitopes.

By end-users the global glycoprotein analysis techniques have major contributions from hospital and research institutes and their collision for glycoprotein associates diseases diagnosis and analysis. The glycoprotein analysis data from research institutes are crucial for the diagnosis.

By techniques mass spectrometry dominates the glycoprotein analysis technique due to their sensitivity specificity speed and stoichiometry for the glycoprotein identification glycosylation site and glycan structures.

Major spectrometry techniques for glycoprotein analysis include mass spectrometry (MS) Electrospray ionization mass spectrometry (ESI-MS) matrix-assisted laser desorption/ionization time-of-flight mass spectrometry (MALDI-TOF MS) and hydrophilic interaction chromatography-mass spectrometry (HILIC-MS).

Glycoprotein Analysis Market: Regional Outlook

North America holds the largest global glycoprotein analysis market with its advanced R&D pharmaceutical development and research healthcare expenditure and investments which are supported by the government research institutes hospitals and other organizations for disease diagnosis therapy and glycoprotein food industry and key players.

Europe holds the second largest global glycoprotein analysis market with its advanced research and healthcare government’s support numerous start-ups and leading companies.

Asia-pacific glycoprotein analysis market is growing at the fastest pace fuelled by the advancing research institutes and hospitals progressing pharmaceuticals and glycoprotein analysis and production. Latin America glycoprotein analysis market is growing gradually with improving R&D and healthcare.

MEA& Africa glycoprotein analysis market is growing laggardly due to the technological backwardness although South-Africa and Israel with their advancing research and growing protein industry are expected to push the growth of regional glycoprotein analysis market

Glycoprotein Analysis Market: Key Players

The key players of the global glycoprotein analysis market include

  • Sigma-Aldrich. BD
  • Enzo Life Sciences
  • Creative Diagnostics
  • Thermo Fisher Scientific
  • Epitope Diagnostics Inc.
  • R&D Systems
  • QED Bioscience Inc
  • ACROBiosystems.

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.