Malaria Ag rapid Testing Market Growth Trends, Key Players, Competitive Strategies and Forecasts to 2031

According to the latest research by Future Market Insights, Malaria Ag rapid Testing Market is set to experience 5% growth during the year 2021-2031.

Malaria Ag rapid testing kits allows for quick detection of malarial antigen present in human body without the use of microscopes or in lab set-ups.

Primary advantage of using a rapid testing kit is its ease of collection, cost effectiveness, safety and user friendly.

What is Driving the Demand for Malaria Ag Rapid Testing Market

Malaria Ag rapid testing or rapid diagnostic test are lateral flow immunochromatographic antigen detection test, usually available in test strip or cassette form. These test detect the presence of malarial parasite antigen, in an infected human blood giving results within 15 minutes. Such procedures are simple, safe and easier for quick diagnosis of malaria at an initial stage and does not require special equipment or training.

An increasing number of cases of malaria in tropical countries along with increasing travelers visiting these countries, and in turn getting infected by malaria, can be seen rising in recent years.

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Also the unavailability of lab testing for diagnosis of malaria in most endemic countries has further increased the necessity for the malaria antigen rapid tests.

A per the 2019-20 report by World Health Organization (WHO), an estimated 229 Mn cases of malaria was found globally in 87 malaria-endemic countries in 2019.

Of which, 05 countries in Africa region namely, Nigeria (27%), the Democratic Republic of the Congo (12%), Uganda (5%), Mozambique (4%) and Niger (3%), accounted for about 51% of the global cases.

Thus, the demand for the Malaria Ag rapid testing market is likely to provide incremental opportunity in the forecasted period.

Which Factors are likely to Augment the Growth of the Malaria Ag Rapid Testing Market

The field of malaria Ag rapid testing market is witnessing series of advancements and is further expected to offer effective diagnostic solutions for infections caused by malaria.

An increasing number of deaths caused due to non-diagnosis of malaria at early stages and increased resistance of parasite especially

P.falciparum to anti-malarial drugs has increased the need for these rapid diagnostic tests to diagnose the disease at the earliest and provide for treatment of same.

As per the 2019-20 report by World Health Organization (WHO), 67% (274,000) of the total deaths caused by malaria, at global level, consisted of children below 5 years of age, in 2019.

Investment in malaria programs and research & development for malaria control and elimination are being undertaken by government and industry players in various regions. Various Public and private sector organizations are also playing major role in promoting and supporting the clinical development of key products.

A per the 2019-20 report by World Health Organization (WHO), an estimated US$ 3 Bn was the total funding provided for malaria control and elimination.

Out of this total, US$ 900 Mn (31% of total funds) of funding was contributed by the government of endemic countries.

It is thus, expected for the malaria Ag rapid test market to seek a growth in the forecasted period.

Who are the key Manufacturers and Suppliers of the Malaria Ag Rapid Testing

Some of the key players of Malaria Ag rapid testing include

  • Abbott
  • Accuquik™ Test Kits (USA) Advy Chemical Pvt. Ltd.
  • Arkray Healthcare Pvt Ltd
  • CTK Biotech Inc.
  •  Biotrol laboratories Pvt. Ltd.
  • malarex Limited (UK)
  • Alere
  • Ameritek Inc.
  • Apacor ltd.
  • Atmo Diagnostics

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Repositioning and Offloading Devices Market Perspective, Comprehensive Analysis, Growth and Forecast 2021-2031

According to the latest research by Future Market Insights, the repositioning and offloading devices Market is set to experience 6% growth during the year 2021-2031.

Repositioning and offloading devices are particularly used for the treatment of diabetic foot ulcers.

These ulcers in the diabetic person are caused due to poor circulation in a particular area, hyperglycaemia or any nerve damage. During the treatment of diabetic foot ulcers, pressure modulation also known as offloading is used to mitigate the pressure from a particular area.

What is the Driving Demand for Repositioning and Offloading Devices

The main aim of offloading devices is to mitigate the pressure and promote healing. The drivers for this market can include the recurrence of ulceration in the diabetic foot.

The growth of this market is anticipated due to the rise in the prevalence of diabetes. According to research, diabetes-related foot ulceration (DFU) affects 26 million people annually worldwide and results in large mortality.

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The increasing geriatric population are more prone to diabetes and DFU. According to a UN report, the geriatric population is expected to increase by 16% by 2050. This may act as a driver for the market. Apart from DFU, different pressure ulcers are caused majorly due to immobility. This is particularly seen in elderly people and patients with spine or back injuries.

These injuries restrict the movement of the patient, due to which pressures are created on specific body parts.

The increase in the number of surgeries and the development of pressure ulcers will drive the market.

The repositioning devices are particularly used to move the patient from one place to another. This may include shifting them from one department o hospital to another. For example, shifting them from outpatient department to inpatient department or ICU. The rise in the prevalence of accidents and injuries drives this market.

Impact of Covid on Repositioning and Offloading Device Market

In March 2020, WHO declared the outbreak of Covid-19 as a pandemic. Like any other sector, the healthcare sector was also tremendously impacted by it.

Due to restrictions, the lifestyle of the people changes and became sedentary. This sedentary lifestyle has led to an increase in chronic disorders, diabetes and the occurrence of pressure ulcers.

To combat the deadly virus, the hospitals were asked only to perform essential surgeries. For the movement of patients post-surgery repositioning devices were used. Hence, COVID-19 had a positive impact on this market.

Who are the Key Manufacturers and Suppliers of Repositioning and Offloading Devices

Some of the key players operating in the repositioning and offloading devices Market are

  • Mölnlycke Health Care AB
  • Beechfield Healthcare Ltd
  • Next Health
  • LLC
  • Sage Products LLC
  • Stryker
  • Seneca Devices Inc.
  • Guldmann
  • Hill-Rom Services
  • Frontier Medical Group
  • Walgreen Health Solutions
  • LLC Arjo
  • Next Health LLC.

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Retinal Vasculitis Treatment Market  Trend 2021, Growth, Leading Companies with Impact of Covid-19, Business Scenario, Emerging Dynamics, Industry Share and Revenue Forecast by 2031

According to the latest research by Future Market Insights, the Retinal Vasculitis market will witness growth during 2021-2031.

Retinal Vasculitis is condition where the blood vessels in the ocular region get inflammated due to associated conditions like auto-immune disorder, inflammatory disorders, infective disorders and neoplastic disorders.

Prevalence of this inflammatory condition is increasing day-by-day as per the statistics given by CDC and Statista.

This will directly affect research and development in finding ways to effectively treat it and hence boosting the market growth.

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What is Driving Demand for Retinal Vasculitis Treatment Market

The foremost driver which is increasing demand for this treatment market is application of Intravitreal Aflibercept injections in treating the vasculitis of retina.

These injections assist in reducing the oedema at the inflammation site. Study published in PubMed in Feb 2020 concluded that indeed use of these injections in management of a rare syndrome called as IRVAN (Idiopathic Retinal Vasculitis, Aneurysms and Neuroretinitis) syndrome. Retinal vasculitis is a part of this syndrome.

These injections will prove beneficial and provide more insight for end stage management of this syndrome.

Study from Ophthalmology Retina explored the application of Fluorescein Angiography (FA) in detection of retinal vasculitis in children from Children’s Medical Center in Dallas who were suffering from Paediatric Uveitis. Conclusions of this study made FA another important driving factor in this treatment market.

Researchers concluded that,” Evaluation of paediatric patients through FA is very beneficial in confirming the suspicion of involvlement of RV in it.

As failing in controlling this vasculitis may be a contributing factor poor prognosis of these patients as it can lead to long-term complications. Such studies help improve ailment management which assists in market growth.

Detection of Retinal Vasculitis Through Swept-Source OCT Angiography

Patients with retinal vasculitis treatment were selected for this study and were sent for an ss-OCTA (swept source- ocular coherence tomography angiography).

Thickening of the structure of retina along with showing the leakage in its vascular system due to inflammation.

Even though further in depth studies are required to authenticate if ss-OCTA can prove to be beneficial than FA, this study will propel further research into this application and hence boost the market growth.

U.S. and Canada Retinal Vasculitis Treatment Market 

As per CDC, 4.2 million Americans suffer from some form of ophthalmic ailment indicating that prevalence of retinal disorders is rising in US.

A new roster of ophthalmic treatments being launched in the country will drive the market towards a positive side. Authorities here are now focusing more on investments in R&D to improve the management and treatment of these retinal disorders.

This collectively makes US a front runner in the retinal vasculitis treatment market in North America Region.

Europe Retinal Vasculitis Treatment Market 

According to data published on Statista, as of 2020, 3.6% eastern-European people suffer from some kind of visual ailment. Owing to this, demand for advanced and swift treatment for retinal disorders is increasing.

Furthermore, the rising technological advancement and increasing investment in R&D is expected to drive the market growth during the forecast period.

Who are the key Manufacturing and Supplying Companies in Retinal Vasculitis Treatment Market

Key players:

  • Regeneron Pharmaceuticals, Inc.
  • F. Hoffmann-La Roche Ltd.
  • Shire (Takeda Pharmaceutical Company Limited)
  • Bayer AG
  • Santen Pharmaceutical Co., Ltd.
  • Pfizer, Inc.
  • Allergan plc
  • Graybug Vision, Inc.
  • Novartis AG
  • Acucela Inc.
  • Merck & Co., Inc.

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Dehydrated Culture Media Market Analysis (COVID-19 Analysis) – Industry Insights, Drivers, Top Trends, Global Analysis, Forecast and Opportunities to 2031

According to the latest research by Future Market Insights, Dehydrated Culture Media market is expected to grow at a CAGR of 7.7% during the forecast period. During the forecast period, the demand for Dehydrated Culture Media will progressively rise, which will provide manufacturers with numerous favorable development opportunities in the near future.

What are the key Drivers of Dehydrated Culture Media Demand Outlook?

Due to recent technological advances, the demand for regenerative drugs has increased sharply in the media market. This has led to the development of new biomedical techniques such as targeted differentiation in the development of regenerative drugs.

In addition, new technologies for rejuvenating worn body parts by injecting new cells have led to the widespread use of regenerative drugs. It also has many uses in the treatment of cardiovascular disease. These events help a global, drained cultural media market to strengthen the growth base, thus opening up new opportunities.

The current COVID19 outbreak has had a positive impact on the growth of the market, as biopharmaceutical innovators are at the forefront of in vitro research and development to find vaccines and antiviral drugs.

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In vitro evaluation of vaccines and antiviral agents usually requires a medium in which the target virus or bacteria can be grown and the response determined. The increasing focus on R&D in the pharmaceutical industry is driving the demand for dehydrated cultural media.

The dehydrated culture media demand outlook is anticipated to grow at a higher rate due to the increasing R&D investments by the private as well as publically listed companies for various vaccines and drugs that work against various microorganisms. These increased R&D activities are fueled by the rising problem of viral infections amongst the population, globally.

Advanced Granulation Technology (AGT): The Latest Technology to Transform Dehydrated Culture Media Demand Outlook.

Thermo Fisher Scientific has launched the most advanced cell culture media format available in the industry. With today’s high application requirements for productivity, efficiency, and safety, the researchers need an advanced media format that has better performance than traditional dry formats and is available in commercial products Success, thereby speeding up time to market.

The Advanced Granulation Technology has many advantages over the traditional dry media problems like complex culture preparation, difficult filtration process along with multi-step process and batch inconsistency. The Gibco AGT media is set to overcome all these shortcomings and achieve more goals in the culture media industry.

US and Canada: Dehydrated Culture Media Market

The US and Canada region dominates the market on account of recent advancements in medical technology. It is expected to hold 43% of the market’s share during the forecast period. Many other factors that attribute to the global domination of this region is due to increased R&D activities by various manufacturers, technological advancements in the culture media market.

The industry is investing heavily in innovative solutions to improve pipeline design to support improvements in patient care. The federal government (US) is the primary source of funding for the biotechnology sector.

Europe: Dehydrated Culture Media Market

Large-scale research activities in countries such as Denmark, Switzerland, the Netherlands, Sweden, and Belgium have supplemented the cultural media market in Europe.

The existence of non-profit organizations such as Swiss Life Sciences (LS2), the University of Basel, and the University of Zurich, which carry out a wide range of molecular life science research activities, will promote the development of dehydrated cultural media market in Europe.

Who are the key Players in the Dehydrated Culture Media Demand outlook?

The Dehydrated Culture Media market is fragmented with numerous key players. Some of the major contributors to this industry are

  • Condalab
  • Thermo Fisher Scientific
  • Sigma Aldrich
  • Merck Millipore (Merck KGaA)
  • Sisco Research Laboratories Pvt. Ltd.
  • Biomark Labs
  • Titan Biotech Ltd
  • Neogen Corporation
  • Himedialabs
  • Central Drug House (P) Ltd

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Global Marine Hatch Covers Market Assessment and Key Insights Analyzed Till 2027

Hatch covers are used to cover and prevent the interior fabrics and wood from fading and damaging from sun rays and reduces interior cabin temperature as well. The interior temperature in the cabin makes the interior plastic-like material brittle over time. Also, it prevents heating of cabin and helps the air-condition system run more efficiently. 

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The marine hatch covers and protects the cargo and cargo spaces by making it watertight. Closing off the hatch opening to prevent the entrance of water into the cargo, protects the goods from being damaged and dumped and further can also be compared to the lid on a box. Hatch covers also act as a barrier for the entrance of green water loads in extreme weather condition to prevent ship’s internal structure from damage due to corrosion. The types of hatch covers mainly used on the ships on the basis of requirements are lifting type, folding type, rolling type, roll stowing type, sliding type. Where lift away type and lifting type hatch covers are mainly used in container ships. In general, in cargo ships folding type hatch covers are mainly used. Rolling type marine hatch covers are further subdivided into piggy back & telescopic, side rolling and end rolling type and are mainly used in bulk carriers.

Market Participants

Examples of some of the market participants in the global marine hatch covers market, identified across the value chain are:

  • Cargotec Corporation
  • IKNOW MACHINERY CO., LTD.
  • Baier Hatch Company, Inc.
  • COOPS & NIEBORG BV
  • Chongqing Guanheng Technology Development Co.
  • Macor Marine Solutions GmbH und Co. KG
  • TTS Group ASA

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.

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Increasing international trade in this era of globalization is expected to boost the shipping industry giving a positive growth to the marine hatch cover market in the forecast period. The growth in the shipbuilding industry across the globe will also contribute towards the growth of the marine hatch cover market. The marine hatch cover market is also aided by the growth of fishing industry and marine tourism, wherein large fishing boats and cruise ships are made for this purpose.

However, the shipbuilding and shipping industry is highly depended on the international economy and the downward shift in the economy may restrain the market of marine hatch cover over the forecast period. Also, the regulations related to the concentration of emission of harmful gases which are emitted by the marine vessel such as CO2, SOx, NOx in various countries may hamper the growth of shipbuilding industry restraining the market of marine hatch covers over the forecast period.

Regional Outlook

In terms of consumption of marine hatch covers, Asia Pacific is expected to have extensive growth over the forecast period owing to high investment in the shipbuilding industry. In terms of production of marine hatch covers, North America and Europe are expected to dominate the global marine hatch covers market owing to established infrastructure and technical expertise related to the shipbuilding industry. Rest of the world market is estimated to account for a relatively small share of the marine hatch covers market.

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

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

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By Segmentation 

The global marine hatch covers market can be segmented on the basis of type of vessel:

  • Service Vessels
  • Passenger Vessels
  • Cruise Ships
  • Ferries
  • Cargo Carriers
  • Tankers
  • Container Ships
  • Bulk Carriers
  • Other Cargo Ships
  • Fishing Vessels
  • Personal Watercraft & Sailboats
  • Others

The global marine hatch covers market can be segmented on the basis of type:

  • Sliding type
  • Rolling type
  • Roll stowing type
  • Lifting type
  • Folding type

The global marine hatch covers market can be segmented on the basis of material used:

  • Aluminium Hatches
  • Steel Hatches
  • Others

Global Industrial Weighing Equipment Market Assessment and Key Insights Analyzed Till 2030

Weighing equipment is the instrument used to measure the weight of a product. Industrial weighing equipment is used to measure the weight of various products such as instruments, chemicals, and machines in industries. Industrial weighing equipment is present everywhere in the industry from the initial stage that is raw materials stage to the final stage, distribution of finished products, and its applications across a wide range of industries will continue to uphold demand for the product, ultimately boosting the growth of the global market for industrial weighing equipment.

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Region-wise Analysis

The industrial weighing equipment market is geographically segmented into seven key regions which are, North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East & Africa. Asia Pacific is anticipated to be the fastest-growing industrial weighing equipment market with a CAGR expected to be around 6% in the coming years. In the region, the demand is mainly triggered by increasing applications of weighing technologies in many industrial activities, and thereby, industrial growth is among the biggest drivers of growth for the market in the Asia Pacific.

Sales are also likely to remain healthy in the North American region, as manufacturers are introducing next-generation and technologically advanced ranges of their products under the category of industrial weighing equipment. Tightening quality standards and safety regulations are triggering the adoption of highly accurate and high precision weighing equipment in the industrial setup across the region, and this will incur the trend of product innovation in the industrial weighing equipment market in the Americas.

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Segment Analysis

The industrial weighing equipment market can be segmented based on the following:

Product Type

  • Checkweighers
  • Counting Scales
  • Floor Scales
  • Rail Scales
  • Other

End-use Industry

  • Chemicals
  • Manufacturing
  • Mining
  • Food & Beverage
  • Other industries

Competitive Landscape

  • Avery Weigh-Tronix
  • RADWAG WagiElektroniczne
  • CI Precision Ltd.
  • A&D Weighing
  • Atrax Group NZ Ltd,
  • Avery Weigh-Tronix.
  • Thompson Scale Company
  • Eastleigh Limited
  • Bilwinco AS
  • D Brash &Sons Ltd
  • Sartorius AG Ohaus Corporation
  • Maguire Products Inc.
  • Mettler Toledo International Inc.

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The global market for industrial weighing equipment is highly fragmented as the number of smaller companies entering the market is increasing. Nevertheless, leading manufacturers, as well as small industry players, are concentrating on offering utmost levels of accuracy through innovative features, and modifying their strategies to sync with the changing business environments.

Radio Frequency Identification Market 2021-2028: Industry Size & Share, Segmentation, Growth Opportunities, Regional Analysis

The global RFID market is expected to register a CAGR of 14.5% during 2018 – 2028 with SEA and Others of APAC, Western Europe and North America accounting for significant market value shares by the end of the forecast period.

FMI delivers key insights on the global RFID market in its report titled “RFID market: Global Industry Analysis 2013 – 2017 and Opportunity Assessment 2018 – 2028.” Growth in the value of the global RFID market is estimated to remain attractive as the market is expected to grow continuously at a CAGR of 14.5% in terms of value during the forecast period 2018 – 2028. On the basis of components, the RFID software and middleware segment is expected to register attractive growth over the forecast period. Based on application, the agriculture segment is estimated to gain high penetration in terms of market share during the forecast period.

The annual revenue of the global RFID market was US$ 12,912.0 Mn by the end of 2017, which is expected to grow at a steady pace over the coming years. The dominating regions, i.e., North America, SEA & Others of APAC and Western Europe, are expected to collectively account for a majority share in the global RFID market. These regions are likely to dominate the global market over the forecast period.

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Over a decade ago, RFID technology was used by large enterprises.  With improvements in technology and economical cost, this technology has been adopted by small and medium enterprises. RFID technology is widely used by all tier companies to streamline operations and enhance the visibility of their supply chain and logistics operations. The usage of RFID technology in automated item identification systems is gaining importance in the retail sector.

The increasing need for RFID tags across the globe is driven by robust opportunities in the healthcare sector. In the healthcare sector, an increasing focus on RFID technology for the tracking and classification of medical instruments has been driving the demand for RFID tags worldwide. This technology holds immense potential for improving supply chain efficiency and ensuring patient safety while reducing human errors in healthcare processes at the same time. Healthcare management and monitoring of critical care equipment represent other interesting areas of application for the RFID market. The automotive and aerospace industry is adopting the RFID technology especially for the tracking of vehicles, inventory management of spare parts and visibility in logistics operations. Also, Vendor management has become smoother with use of RFID technology since it provides detailed performance metrics.

On the basis of FMI analysis, the RFID tags in the component segment are expected to dominate the market due to the high penetration of advanced technologies such as RAIN RFID tag in various industry verticals. The High Frequency (HF) sub-segment in the RFID tags segment is estimated to remain dominant in terms of market share during the forecast period. On the basis of applications, the agriculture segment will be a dominating segment due to the wide adoption of RFID technology for the tagging of animals through which the farmers can easily trace them and improve supply chain efficiency.

The North America RFID market is expected to dominate the global RFID market due to the large automotive tires market in the country. The market has huge potential in China owing to major technological advancements in the healthcare, retail and consumer goods markets. The SEA and Others of APAC RFID market will be a target market for market participants looking to penetrate the retail and consumer goods segment. Latin America is estimated to grow with an above-average CAGR over the forecast period. Brazil is expected to hold a major revenue share in the Latin America RFID market over the forecast period.

Key Segment

By Component

  • RFID Tags
  • Low Frequency (LF)
  • High Frequency (HF)
  • Ultra-High Frequency (UHF)
  • Microwave Frequency
  • Ultra Wideband (UWB)
  • RFID Readers
  • RFID Software and Middleware

By Application

  • Logistics and Transportation
  • Aerospace and Defense
  • Automotive
  • Retail and Consumer Goods
  • Agriculture
  • Healthcare
  • Government
  • Others

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According to FMI analysis, long-term contracts with business partners are estimated to help increase revenue and new innovation strategies are likely to enable RFID vendors to reach new growth markets. Some of the market participants in the global RFID market report include Zebra Technologies Corporation; HID Global Corporation; Thin Film Electronics ASA; Invengo Information Technology Co., Ltd.; GAO RFID Inc.; Impinj, Inc.; Xerox Corporation; Omni-ID; Alien Technology, LLC and Molex, LLC.

Key developments in the RFID market

  • In January 2017, Zebra Technologies Corporation launched Zebra SmartSense RFID for application in the retail sector for identifying and tracking the location of merchandise, associates and shoppers in a retail store in real-time
  • In May 2017, HID Global Corporation launched IoT solutions to offer enterprises solutions for asset management and equipment management. HID Location Services is used for item management, and it monitors the location and movement of assets & equipment across multiple locations or in a particular area
  • In February 2017, Impinj, Inc. entered into a partnership with STANELY Healthcare, a leading provider of healthcare products, to integrate Impinj’s Platform with MobileView Real-Time Location Systems (RTLS) software platform to offer RFID products for application in the healthcare industry.

Digital Out-of-Home Market Covering Gross Margin, Market Share and Revenue from 2021-2028

The global digital-out-of-home market is expected to register a CAGR of 11.0% during 2018 – 2028 with SEA and Others of APAC, Western Europe and North America accounting for significant market value shares by the end of the forecast period.

FMI delivers key insights on the global digital-out-of-home market in its report entitled ‘Digital-Out-of-Home market: Global Industry Analysis 2013 – 2017 and Opportunity Assessment 2018 – 2028’ The market value growth of the global digital-out-of-home market will remain attractive as the market is expected to grow continuously at a CAGR of 11.0% in terms of value during the forecast period 2018–2028. On the basis of the platform, the Digital Billboards & Signages (DBB) segment is expected to register attractive growth over the forecast period. Based on industry, the retail segment in the global digital-out-of-home market is expected to gain market share penetration during the forecast period.

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The global annual revenue from the digital-out-of-home market has been valued at US$ 3,905.3 Mn by the end of 2017, and it is expected to grow at a steady pace over the forecast period. The dominating regions, i.e., North America, SEA & Others of APAC and Western Europe are expected to collectively account for a majority share in the global digital-out-of-home market. These regions are likely to dominate the global digital-out-of-home market over the forecast period.

The digital media landscape is undergoing drastic changes due to the introduction of advanced digital technologies. Over the past few years, various media owners have entered the digital-out-of-home market with an objective to offer cross-network advertisement delivery reports in centralized online dashboards similar to the capabilities of ad servers in the online space. The measurement of digital-out-of-home media is improving due to the adoption of interactive technologies that enable advertisers to gain customer insights using mobile device location data. Mobile location data is utilised to validate the location of a device and brand exposure by analysing whether the consumer was standing closer to the digital screen when the advertisement was displayed. As the digital industry continues to evolve, there has been a rise in the adoption of digital-out-of-home screens across various verticals. Moreover, the emergence of cloud-based digital platforms and the introduction of programmatic digital-out-of-home advertising are among factors expected to contribute to the growth of the digital-out-of-home market.

On the basis of FMI analysis, the Digital Place-Based Networks (DPN) in the platform segment will dominate the digital-out-of-home market due to the introduction of location-based advertising at various venues and increase in smartphone penetration. On the basis of industry, the retail segment will be a dominating segment due to the widespread adoption of digital billboards & digital place-based networks by brand marketers at malls, roadsides, bus shelters, airports and other high dwell-time venues to generate huge customer traffic.

Key Segments Covered in Digital-Out-of-Home Market

Platform

  • Digital Billboard & Signage (DBB)
  • Digital Place-based Networks (DPN)

Industry

  • Retail
  • Corporate & Government
  • Healthcare
  • Hospitality
  • Transportation
  • Entertainment
  • BFSI
  • Education
  • Others

The North America digital-out-of-home market is expected to dominate the global digital-out-of-home market due to the large presence of media owners in the U.S. The digital-out-of-home market has huge potential in China owing to major technological advancements in the retail and entertainment market. The SEA and Others of APAC digital-out-of-home market will be a target market for market participants looking to penetrate the BFSI and corporate & government segment. Latin America is estimated to grow at a moderate CAGR over the forecast period. Brazil is expected to hold a major revenue share in the Latin America digital-out-of-home market over the forecast period.

According to FMI analysis, long-term contracts with business partners help increase revenue and new innovation strategies enable digital-out-of-home vendors and media owners to reach new growth markets. Some of the market participants in the global digital-out-of-home market report include JCDecaux, Lamar Advertising Company, Clear Channel Outdoor, oOh!Media Ltd., Ströer SE & Co. KGaA, Outfront Media, Inc., APN Outdoor Group Ltd., Focus Media Co. Ltd., Exterion Media Group, BroadSign International LLC and Asiaray Media Group Ltd.

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Significant Contributions of the Report

  • Key Trends and Challenges: Detailed analysis on the ‘ins and outs’ of the market with qualitative research and quantitative insights
  • Recent Drivers and Opportunities: Detailed assessment on the key growth drivers, technological developments, and factors affecting the market over the forecast period.
  • Segmental Analysis: Extensive research on each segment and sub-segment, compiled by expert research analysts of FMI
  • Regional Market Forecast: Thorough analysis of each regional market to provide market players with real-time data and reliable statistic to gain a competitive edge in the industry
  • Competitive Landscape: Comprehensive analysis on prominent players and new entrants eyeing to improve their revenue prospects in the industry

About FMI

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

World Green Tires Market Assessment and Key Insights Analyzed Till 2025

The tire is a crucial vehicle component that covers the wheel’s rim to protect it and enable better vehicle performance. Tires provide traction between the vehicle and road while providing a flexible cushion bed to absorb shock. Tires are typically made of rubber. With the increasing environmental and energy concerns, tire manufacturers are stepping forward to use renewable raw materials. Plasticizers and resins could also be potentially used in green tires.

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As of 2014, 45% share is of natural raw materials in tires which are expected to grow to 100% by the end of 2025. These environmental-friendly raw materials are ten percent lighter than conventional products used in the manufacturing of tires. This helps in the reduction of the overall weight of a car, so it requires less fuel. Green tires are developed to optimize fuel consumption via reduction of rolling resistance. Rolling resistance refers to the energy required by the tire’s road contact and its deformation. Reduction in rolling resistance requires total control over the complex relationship between the tread pattern, tire structure, and rubber compounds.

Region-wise Outlook

The global green tires market is expected to register a double-digit CAGR for the forecast period. Depending on geographic regions, the global green tires market is segmented into seven key regions: North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East & Africa. As of 2015, Europe dominated the global green tires market in terms of market revenue followed by North America. Asia Pacific & Japan are projected to expand at a substantial growth and will contribute to the global green tires market value exhibiting a robust CAGR during the forecast period, 2015-2025.

Key Players

Some of the key market participants in the global green tires market are PPG Industries Inc, Pirelli Tyre S.p.A Bridgestone, Green Arc Tire Manufacturing Inc, Goodyear Tire & Rubber Co, Michelin North America Inc.

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Market Overview

In the early 1990s the green tires came into existence with the usage of highly dispersible silica in tire treads in Europe due to high energy costs, consumer appreciation for better handling and safety, and understanding the environmental benefits. The demand for green tires is now increasing in the United States.

With rapid urbanization and increasing pressure on fuel consumption, the acceptance of green tires is gaining popularity. The global green tires market is expected to expand at a promising CAGR during the forecast period (2015-2025).

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

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By Segmentation

The global green tires market is broadly classified based on product type, applications, and geographies.

Based on application, the global green tires market is segmented into:

  • On-road
  • Off-road

Based on product type, the global green tires market is segmented into:

  • Passenger Tires
  • Light Commercial Tires
  • Heavy Commercial Tires

Video Streaming Market Stakeholders With Covid-19 Impact Analysis: Top Industry Trends & Segments Forecast 2021-2028

The global video streaming market is expected to grow from US$ 138.99 Bn in 2018 to US$ 591.11 Bn by 2028 at a CAGR of 15.6% in terms of revenue during the forecast period (2018-2028). In this report, the global video streaming market is tracked in terms of value, and is calibrated to obtain the market revenue estimates of video streaming services.

Video streaming is the one-way transmission of video content over a data network. It is a type of media streaming in which data from a video file is continuously transferred through the Internet to a remote user. This content is sent in a compressed form via the Internet and is displayed in real time by the viewer. While streaming, the user does not have to wait to download it on a computer or host it to play the file. Hence, a player is needed for uncompressing the file, which sends the audio data to the speakers and video data to the display.

However, interruptions in streaming flow, piracy and low bandwidth or limited streaming speed are some of the major challenges that hamper the growth of the video streaming market.

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To understand and assess the demand and opportunities in this market, the video streaming market report is categorically split into five major sections: Video Streaming market analysis – by type, by content delivery channel, by revenue model, by industry and by region.

On the basis of type, the video streaming market is segmented into video on-demand and live video streaming. The video streaming market’s live video streaming segment is expected to dominate the market throughout the forecast period with a market share of 32.5% and 43.3% in 2018 and 2028 respectively.

On the basis of content delivery channel, the video streaming market is segmented into OTT, Pay TV and IPTV. The video streaming market’s OTT segment is expected to dominate the market for the maximum duration of the forecast period owing to the high CAGR associated with it. The video streaming market’s IPTV segment is expected to grow from US$ 23.38 Bn in 2018 to US$ 103.47 Bn in 2028.

On the basis of revenue model, the video streaming market is segmented into subscription, pay per view, premium purchases and advertisement-based revenue model. The video streaming market’s subscription-based revenue model is expected to dominate the market throughout the forecast period and enjoy a market share of 49.6% and 51.5% in 2018 and 2028 respectively.

On the basis of industry, the video streaming market is segmented into residential and commercial industries. The video streaming market’s live video streaming segment is expected to dominate the market throughout the forecast period owing to the high CAGR associated with it. The video streaming market’s commercial industry segment is expected to grow from US$ 44.29 Bn in 2018 to US$ 214.30 Bn in 2028. The commercial industry segment is further segmented as media & entertainment, education and others.

Key segments covered

By Video Streaming Type

  • Live Video Streaming
  • Video On Demand

By Video Streaming Content Delivery Channel

  • OTT
  • Pay TV
  • IPTV

By Video Streaming Revenue Model

  • Subscription
  • Pay per view
  • Premium purchases
  • Advertisement

By Video Streaming Industry

  • Residential
  • Commercial
    • Media & Entertainment
    • Education
    • Others

The section video streaming 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 type, by content delivery channel, by revenue model & by country and provides market data in terms of value for 2018-2028. In 2017, the market in North America dominated the overall global video streaming market, while the fastest-growing region in the video streaming market is South East Asia and others of APAC.

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The key players reported in this study on the global video streaming market are Netflix, Inc.; IBM Corporation; Apple Inc.; Amazon.com, Inc.; Cisco Systems, Inc.; Adobe Systems, Inc.; Google Inc.; Roku, Inc.; Akamai Technologies, Inc. and Hulu, LLC.

Significant Contributions of the Report

  • Key Trends and Challenges: Detailed analysis on the ‘ins and outs’ of the market with qualitative research and quantitative insights
  • Recent Drivers and Opportunities: Detailed assessment on the key growth drivers, technological developments, and factors affecting the market over the forecast period.
  • Segmental Analysis: Extensive research on each segment and sub-segment, compiled by expert research analysts of FMI
  • Regional Market Forecast: Thorough analysis of each regional market to provide market players with real-time data and reliable statistic to gain a competitive edge in the industry
  • Competitive Landscape: Comprehensive analysis on prominent players and new entrants eyeing to improve their revenue prospects in the industry

About FMI

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