Stretch Films Market Growth Propelled by Lucrative Food & Beverage Sector: Future Market Insights

Growing demand in the logistics industry, globally for unitizing items on a pallet through wrapping and increasing preference for packaged food are projected to be the key drivers fuelling the global stretch films market, expanding at a moderate CAGR of 4.6%. From an estimated value of more than US$ 8.06 Bn in 2018, revenue from the sales of stretch films is projected to cross US$ 12.59 Bn by 2028, during the assessment period of 2018-2028. Moreover, burgeoning consumption in the retail sector as a preferred packaging material, is further contributing to the growth of global stretch films market, predicts Future Market Insights.

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FMI’s recently published report on the global stretch films market, offers a 10-year forecast, delivering critical insights on market dynamics influencing the growth of the market. The report also assays a comprehensive competitive landscape offering insights on key market leaders and their forward market strategies, defining the future course of the stretch films market.

With positive outlook in key regions including Asia Pacific, North America, and Western Europe, the food sector would significantly contribute to the sale of stretch films, accounting for nearly 37% of the total market share. In terms of material, polyethylene is estimated to account for more than 85% of total share of the global stretch films market, considering its superior adhesion properties. However, pallet unitization will remain the largest application, taking into account key benefits including lower handling costs, transportation and labor saving, reduced damage and pilferage, and easier identification of inventories. Broadly, expanding manufacturing and warehousing sectors that requires efficient and damage-proof packaging and bundling of good, is further intensifying the demand for stretch films, globally.

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Regulations Banning Plastics Will Open Doors for Biodegradable Stretch Films; Material Innovation Would Further Drive Stretch Films Consumption

In a bid to reduce pollution at all levels, stringent government regulations calling for a ban on plastics, especially those below 50 micron, is resulting in a gradual shift towards biodegradable films, including bio-plastics. Increasing demand for bio-based products has emerged as a critical opportunity for key players to develop biodegradable stretch films that has the same strength and tensile properties as conventional stretch films. To ride the tide favoring biodegradable stretch films demand, higher speed lines of wider and thinner films is gaining ground among manufacturers. Moreover, manufacturers are utilizing metallocene polyethylene combined with a unique EVA copolymer to produce a stretch film with enhanced performance. Innovations like the light-weight and environmental friendly coreless pallet wrap, would ensure stretch films market growth. Additionally, other material innovations to enhance the efficiency of stretch films, manufactured through multilayered and polymer blend technology, is also a key factor contributing to the growing adoption of stretch films.

Preview Analysis Stretch Films Market Segmented By Material Type – Polyethylene (PE)(Linear low-density polyethylene (LLDPE), Low-density polyethylene (LDPE)),Polypropylene (PP),Polyvinyl Chloride(PVC); By Product Type – Hand Stretch Film, Machine Stretch Film, Specialty Stretch Film; By Manufacturing Type – Cast stretch Film, Blown Stretch Film; By End Use – Food & Beverage ( Meat & Fish, Dairy Products, Fruits & Vegetables ), Pharmaceutical, Personal Care, Electronics, Paper & Textiles: https://www.futuremarketinsights.com/reports/stretch-films-market

In a Highly Fragmented Stretch Films Market, Key Players Taking the Acquisition Route

Key players in the global stretch films market are consolidating through strategic mergers and acquisitions and explore new market opportunities to cater to the growing demand for stretch film. Moreover, players are also collaborating resources for novel innovations to pace up with the increasing adoption of stretch films across various end-use industries. Key players profiled in the report by Future Market Insights include AEP Industries Inc, Intertape Polymer Group Inc, Smurfit Kappa Group, Paragon Films, Berry Global Group Inc, and Scientex Berhad.

Geographically, FMI predicts intense competition in U.S and Europe considering high density of key players in the stretch films market. Manufacturers in APEJ too, are likely to face stiff competition from entrants. However, APEj is anticipated to witness increased consumption of stretch films considering burgeoning demand for Ready-To-Eat food coupled with material innovations in ASEAN, China, and India, further felicitating the growth of global stretch films market.

For more interesting insights on other technological advancements by manufacturers of stretch films, connect with the expert market analysts of Future Market Insights at press@futuremarketinsights.com

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More from Packaging Market Intelligence:

  • Bioplastics for Packaging Market Segmentation By Material Type – Bio PET, Bio PA, Bio PE, Bio-PP, Bio-PS, PLA, PHA, Starch Blends, Others (PCL, PBAT etc.); End Use Industry – Food & Beverages, Cosmetics & Personal Care, Pharmaceuticals, Consumers Goods, Industrial Goods, Others(Automotive, Electrical & Electronics; Application Type – Bottles, Cups, Trays, Clamshell, Films, Bags, Pouch & Sachet, Others: https://www.futuremarketinsights.com/reports/bioplastics-packaging-market
  • Pharmaceutical Packaging Market Segmented By Product Type – Bottles (Packer Bottles,Liquid Bottles),Vials & Ampoules,Blisters,Bags & Pouches,Prefilled Syringes & Cartridges,Sachets,Trays,Tubes,Container, Jars & Others; By Material Type – Plastics ( PE,HDPE,PVC,PP,PS,PET,Others (Polycarbonate), Glass, Metals, Paper: https://www.futuremarketinsights.com/reports/pharmaceutical-packaging-market
  • Beverage Packaging Market Segmented By Material Type -Glass, Plastic, Metal,Paper/Paperboard; By Product Type – Liquid Cartons, Beverage Cans, Glass Bottles, Plastic Bottles,Others; By Application Type – Alcoholic drinks(Beer,Wine,Spirits,Other Alcoholic Beverages),Non-Alcoholic drinks(Fruit Juices,Carbonated Drinks/Soda,RTD Beverages,Bottled Water,Tea & Coffee,Milk Products): https://www.futuremarketinsights.com/reports/global-beverage-packaging-market

About Us

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.

High Density Polyethylene (HDPE) Bottles Market Impacted by COVID-19, Market to Remain Dormant in Near Term, Projects FMI 2021-2031

Future Market Insights (FMI)’s upcoming research study on the global High Density Polyethylene (HDPE) Bottles market lays bare undercurrents and opportunities for key market stakeholders. The report provides in-depth insights on the High Density Polyethylene (HDPE) Bottles market through a detailed analysis of key growth drivers, restraints, trends, challenges, and revenue growth based on historical data. Valuable information and forecast statistics covered in the High Density Polyethylene (HDPE) Bottles market report will help existing and potential new market players to craft long-term strategies as well as maintain business continuity during a crisis.

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COVID-19 Impact Analysis

As with many industries, the recent outbreak of the COVID-19 has adversely affected the industrial automation & equipment industry. The High Density Polyethylene (HDPE) Bottles market is no exception. Following government’s measures, particularly social distancing norms and shelter-in-place orders, companies active in the High Density Polyethylene (HDPE) Bottles market have put their production on a halt. Additionally, movement restrictions have created a logistical nightmare for market players, while the lack of ‘essential’ status caused a decline in sales.

The FMI’s report covers an exclusive chapter on the initial COVID-19 impact on the High Density Polyethylene (HDPE) Bottles market. This allows both incumbent companies and new entrants to understand the market scenario during a crisis and helps them make sound decision to gain a distinct competitive edge.

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High Density Polyethylene (HDPE) Bottles Market: Segmentation

To analyze the High Density Polyethylene (HDPE) Bottles market effectively and efficiently, the information has been segregated into key segments and sub-segments.

On the basis of end users, the global HDPE bottles market is segmented into:

  • Domestic use
  • Chemical industries
  • Cosmetic industries
  • Pharmaceutical industries

On the basis of sales channel, the global HDPE bottles market is segmented into:

  • B2B
  • B2C

High Density Polyethylene (HDPE) Bottles Market: Competition Analysis

The FMI’s study presents an extensive analysis of global, regional, and country-level players operating in the High Density Polyethylene (HDPE) Bottles market based on their innovative launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the High Density Polyethylene (HDPE) Bottles market report.

Key players covered in the report include:

  • Parker Plastics,
  • Graham Blowpack Pvt.ltd.,
  • Vivek Polymer India,
  • Maynard & Harris Plastics,
  • CL Smith

Crucial Questions Answered in the Report

  • Which end-use industry remains the top consumer of High Density Polyethylene (HDPE) Bottles in different regional markets?
  • At what rate has the global High Density Polyethylene (HDPE) Bottles market been expanding during the forecast period?
  • How will the global High Density Polyethylene (HDPE) Bottles market look like by the end of the forecast period?
  • What innovative technologies are the High Density Polyethylene (HDPE) Bottles market players adopting to stay ahead of the pack?
  • What are the restraints affecting the growth of the global High Density Polyethylene (HDPE) Bottles market?

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Key Offerings of the Report

  • Growth Drivers and Opportunities: Comprehensive analysis on growth-driving factors and opportunities for market players in different regional markets
  • Recent Trends and Forecasts: Detailed assessment on the latest trends, technological developments, and forecasts for a 5-year or 10-year period.
  • Segmental Analysis: Extensive analysis on each segment and factors differentiating the role of these segments in market revenue forecasts and growth rate analysis
  • Regional Market Forecast: Thorough analysis of each regional market to arm stakeholders with necessary information to take critical decisions
  • Competitive Landscape: All-inclusive insights on both leading and emerging players vying for a slice of the High Density Polyethylene (HDPE) Bottles market

Intraosseous Infusion Device Market to reach US$ 7.9 Bn by 2031 as Demand for Emergency Medical Care Solutions Grow: FMI F

As per a recent survey by FMI, The Intraosseous Infusion Device Market is set to top US$ 3.8 Bn in 2021. Increasing applications in hospitals, ambulatory surgical centers, cardiac care centers, and others are fueling the demand for intraosseous infusion devices.

Increasing prevalence of emergency medical condition such as strokes, burns, seizures, severe accidents is creating high demand for infusion devices. In response to this, the market is estimated to reach US$ 7.9 Bn by 2031.

During these aforementioned cases, the intravenous entry points are unavailable due to the shock, hence, intraosseous infusion devices are used for emergency treatment through injecting medications in the bone marrow. On account of this, the market is estimated to hold nearly 19% of the total infusion devices sales through 2031.

Intraosseous infusion devices are also gaining acceptance as an emergency treatment for cardiovascular diseases. It is increasingly being used to inject titrated adrenaline through the sternum during a cardiac arrest for resuscitation.

Hence, growing burden of cardiovascular diseases is projected to drive the sales of intraosseous infusion devices. On the back of such factors, FMI estimates the market to expand at 7.6% CAGR during the forecast period 2021-2031.

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On the basis of product, EZ-intraosseous (IO) is anticipated to remain highly sought-after infusion device, accounting for around 20% of the total sales in 2021. Surety of easy intraosseous accessibility within 30 seconds and quick response of EZ-IO are primary factors driving the growth in the segment.

“Increasing government emphasis on strengthening emergency medical care infrastructure and surging demand for immediate medical intervention across the military sector to manage life-threatening conditions are expected to augment the growth in the market,” says a FMI analyst.

Key Takeaways from Intraosseous Infusion Device Market Study

  • The U.S. is projected to hold the lion’s share in the North America market, accounting for more than 53.1% of the demand share in 2021.
  • Russia is forecast to register a swift growth in the Europe market, accounting for around 14.3% of the revenue share through 2031.
  • China is expected to emerge as the most remunerative market in East Asia, contributing nearly 38% of the sales over the assessment period.
  • Japan intraosseous infusion device market is projected to exhibit healthy growth, expanding at a CAGR of 7.4% CAGR between 2021 and 2031.
  • By technology, the automatic segment is estimated to outpace the manual segment, accounting for 50% of the total sales in 2021.

Key Drivers

  • Increasing investment for improving standards of pre-hospital emergency settings in developing countries such as China and India is expected to facilitate the growth in the intraosseous infusion device market.
  • High-quality care specificity and better effectiveness of using intraosseous infusion devices through sternum route of administration as compared to the distal and proximal tibia is fueling the sales across the sternum segment.

Key Restraints

  • Recessive factors associated with the use of intraosseous infusion devices such as extravasation and compartment syndrome are hindering the sales in the market.
  • Limitation on the use of intraosseous infusion devices on individuals with hypovolemic and severe osteoporosis conditions is hampering the growth in the market.

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Competitive Landscape

Leading companies operating in the global market include Pyng medical Corp., Cook Medical Incorporated, PerSys Medical, Aero Healthcare, Teleflex, Inc., and Beckon Dickinson and Co. have emerged as top market players. As per Future Market Insights, these players are projected to account for over half of the total market share in 2021.

Key manufacturers are investing in research and development (R&D) activities to develop novel intraosseous infusion devices to meet the demand for emergence care solutions. Some of the players are aiming at collaboration, merger, and acquisition with other manufacturers to strengthen their product portfolio and increase their revenue share. For instance,

  • In July 2020, Aero Healthcare, an Australian first aid and medical supplier, announced the acquisition of a British medical equipment company, Clayton First Aid. The acquisition will assist the company to expand their intraosseous infusion device portfolio and increasing the market share in the U.K.
  • In January 2019, Cook Medical Incorporated, a U.S.-based medical device manufacturing company announced the acquiring Whitaker Park Development Authority Inc. that once manufactured cigarettes but henceforth will be manufacturing intraosseous infusion devices for better care of the patients.

Some of the key players operating in the market profiled by FMI are:

  • Pyng Medical Corp.,
  • Cook Medical Incorporated,
  • PerSys Medical,
  • Aero Healthcare,
  • Teleflex, Inc.,
  • Becton Dickinson and Co
  • Implox Pvt Ltd
  • Vidacare
  • SAM Medical
  • PAVmed, Biopsybell
  • Piper Access, LLC.
  • Others

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More Valuable Insights on Intraosseous Infusion Device Market

The recent survey by FMI provides a detailed analysis of the global intraosseous infusion device market, providing vital insights into key factor driving the market through 2021 and beyond. The study also offers refined sales projections on in intraosseous infusion device market with detailed segmentation:

By Product:

  • B.I.G
  • FAST1
  • EZ-IO
  • FASTR
  • IO Needles
  • Others

By Route of Administration:

  • Sternum
  • Distal & Proximal Tibia
  • Distal Femur
  • Calcaneus
  • Head of Humerus

By Technology:

  • Manual
  • Automatic
    • Impact Driven
    • Power Drill

By End User:

  • EMS
  • Hospitals
  • Ambulatory Surgical Centers
  • Cardiac Care Centers

Region:

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

Key Questions Covered in the Report

  • The report offers insight into intraosseous infusion device market demand outlook for the forecast period 2021-2031
  • The market study also highlights projected sales growth for intraosseous infusion device market between 2021 and 2031
  • Intraosseous infusion device market survey identifies key growth drivers, restraints, and other forces impacting prevailing trends and evaluation of current market size and forecast and technological advancements within the industry
  • Intraosseous infusion device market share analysis, covering key companies within the industry and coverage of strategies such as mergers & acquisitions, joint ventures, collaborations or partnerships, and others

Automotive Platooning Systems Market Outlook On Emerging Application, Revolutionary Trends And Potential Growth Strategies 2026

Future Market Insights’ research on the Automotive Platooning Systems market offers a comprehensive overview for the forecast period of 2021-2026. It uncovers hidden opportunities and studies growth trajectory across various segments. The study also offers an unbiased analysis by analyzing historical demand and future projections from a bird’s eye perspective. The report identifies some of the lucrative markets across the globe. FMI delivers an insightful coverage on the Automotive Platooning Systems markets’ latest trends, drivers, challenges, opportunities and restraints that the market is expected to prevail in the upcoming decade.

According to the study, the automotive industry is expected to witness a healthy growth backed by the technological advancements. Leading players are expected to launch unique driving techniques to strengthen their footprint. This will have a positive impact on the Automotive Platooning Systems market. The report covers the ‘Highs and Lows’ of the past decade and gives future projections based on the latest trend in the automotive industry.

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COVID-19 Impact on Automotive Industry

With the onset of COVID-19, the automotive companies and market players witnessed a few set-backs. As the COVID-19 crisis continues to unfold, FMI delivers detailed and rapid insights to navigate through the crisis. The report presents in-depth findings obtained through innovative methodology. Information presented in the report, is interspersed with up-to-date statistics. Data available on the Automotive Platooning Systems market is intended to aid both short-term and long-term strategic decision making. The report also offers a holistic overview, mapping the factors, opportunities and trends likely to help in the wake of the coronavirus pandemic.

The COVID-19 outbreak had a swift and severe impact on the automotive sector. Affects included disruption in supply chain activities and overall vehicle production. Starting in China, vehicle and vehicle part manufacturers around the world either placed their production lines on quarantine or shut down completely. This led to severe impact on automotive sales, thus hindering the Automotive Platooning Systems market.

However, with recovery already registered in certain countries, future prospects are expected to improve for the Automotive Platooning Systems market.

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Automotive Platooning Systems Market: Segmentation

The Automotive Platooning Systems market has been segmented on the basis of types of vehicle such as two wheelers, passenger cars, light commercial vehicles, and heavy commercial vehicles. On the basis of piston material, the market has been segment as aluminium & steel piston. Increasing demand for lightweight aluminium piston is expected to have a positive impact on the global Automotive Platooning Systems market in coming years.

In terms of geography, the global Automotive Platooning Systems has been divided in to seven key regions including North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific excluding Japan, Middle East & Africa and Japan. Within these regions, the Asia-Pacific excluding Japan (APEJ) and Japan can be attributed as the largest contributing regions towards the global Automotive Platooning Systems market, in terms of volume. The North American region is follows the aforementioned regions in the global Automotive Platooning Systems market.

The automotive platooning systems market can be segmented based on vehicle type as

  • Light commercial vehicles
  • Heavy commercial vehicles

The automotive platooning systems market can also be segmented based on mode of communication as

  • Vehicle to Vehicle (V2V)
  • Vehicle to Infrastructure (V2I)

Automotive Platooning Systems Market: Competitive Analysis

The report on the Automotive Platooning Systems market report offers a detailed analysis of some of the leading players operating in the market. It examines the impact of key strategies adopted by the market players, which include product launches, expansion of distribution channels, leveraging local networks, strategic mergers & acquisitions, and others.

The global Automotive Platooning Systems witnesses key players –

  • Denso International America, Inc.
  • Volvo Group Venture Capital
  • Magna International
  • UPS Strategic Enterprise Fund
  • Intel Capital
  • Nokia Growth Partners

Critical Questions Answered in the Report

  • Which are the top manufacturing companies operating in the Automotive Platooning Systems market?
  • What will be the future outlook of the Automotive Platooning Systems market in the upcoming decade?
  • Which are the some of the lucrative markets for Automotive Platooning Systems market?
  • Which factors will drive the Automotive Platooning Systems market growth?
  • What are the challenges faced by the prominent players of the global Automotive Platooning Systems market?

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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

Proteomics Market Industry Growth, Top Players, Geography, Current Scenario Trends, Comprehensive Analysis 2026

The Global Proteomics market study provides critical information related to the global, regional and top players including Proteomics market share analysis, winning strategies, recent developments, and financial planning. Besides providing information regarding the key players in the Proteomics market, the study also recalibrates, the impact of macroeconomic and microeconomic factors that has the potential to impact the growth of the Proteomics market.

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Over the past decade, healthcare sector has been expanding remarkably, following the advent of artificial Intelligence and the Internet of Things integrated medical devices. Advancement in technology has created impressive scope within the medical sector for diagnostics and therapeutics.

Understanding the Impact of Covid-19 on Healthcare Industry

With the pandemic plaguing maximum countries across the globe, healthcare industry is witnessing its fair share of ‘ups and downs’. The COVID-19 has placed an enormous strain on the healthcare sector’s workforce, facilities and infrastructure. Despite the endless pressure, healthcare sector is growing at a moderate pace due to the improvement in infrastructure and advancement in technology, healthcare sector is delivering a healthy performance.

The FMI’s latest report on the Proteomics market gives a detailed analysis on the impact of COVID-19 with an incisive coverage on the innovative strategies adopted by the market players to survive the challenges due to pandemic.

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Proteomics Market: Segmentation

By Equipment :

  • Chromatography
  • Mass Spectroscopy
  • Protein Microarray
  • X-ray Crystallography
  • Protein fractionation
  • Others

By Services:

  • Laboratory Service
  • Data Analysis and Services

By Application:

  • Drug discovery
  • Clinical Diagnosis
  • Others

Comprehensive analysis of the regional markets offers exclusive insights on the market performance across geographies along with relevant graphs, figures, and list of tables.

Competitive Analysis

By Prominent Market Players

Agilent Technologies, Thermo Fisher Scientific Inc., Danaher Corporation, Genzyme Corporation, GE Healthcare, Bio-Rad Laboratories, Inc., Affymetrix Inc.

With an extensive SWOT analysis, the FMI’s study presents the strengths, weaknesses, growth prospects and challenges of each player. The report also includes important data including the sales strategy, pricing strategy, and marketing strategy adopted by these players in the Proteomics market

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Reasons to Buy the report

  • We provide authentic and detailed an analysis on various market trends to enable businesses to make informed and beneficial decisions to attain competitive edge over key players.
  • Our analysts provide detailed market segmentation along with meaningful insights and extensive reports that other companies fail to include.
  • The report includes accurate analysis of the market and the current developing trends affecting the growth. FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts. This ensures that the data collected is from highly reliable sources.

Why Future Market Insights?

  • Comprehensive analysis on evolving purchase pattern across different geographies
  • Detailed insights of market segments and sub-segments for historical as well as forecast period
  • A competitive analysis of prominent players and emerging players in the Proteomics market
  • Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years
  • Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

Over US$ 44.6 Bn Opportunity to be Created in Building Automation Systems Market:Says FMI

As per a recent market survey by ESOMAR-certified consulting firm Future Market Insights (FMI), the global building automation systems market totaled US$ 44.6 Bn in 2021.

Rapid advancements in building automation systems, coupled with the emergence of connective technologies such as artificial intelligencemachine learning, and cloud computing will continue augmenting market growth during the forecast period. FMI projects the market to grow at a healthy 7.8% CAGR between 2021 to 2031.

After buckling the impacts of the unprecedented COVID-19 outbreak, the global building automation systems market experienced year-over-year growth by 7.0% between 2020 and 2021.

Building automation systems offer interconnectivity of machines and devices to manage and streamline daily operations in commercial, industrial, and residential sectors. Growing demand for convenience and comfort among tenants in modern residential spaces will continue providing tailwinds to BAS sales.

Besides this, emergence of smart cities across several countries is spurring demand for building automation systems. These systems facilitate energy efficiency, water and gas supply, lighting, temperature control, along with superior security and surveillance in residential as well as commercial buildings.

As per FMI’s in-depth regional analysis, the U.S. is expected to witness high demand for building automation systems during the assessment period. Growth in the commercial sector, coupled with penetration of building automation systems in schools, universities, hospitals, and entertainment centers are estimated to fuel market growth through 2031.

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“Government-backed initiatives to encourage the development of smart buildings, coupled with post-sales assistance and services offered by market players will positively shape the demand outlook in the building automation systems market,” says the FMI analyst.

Key Takeaways:

  • Building automation system services are estimated to dominate the product segment.
  • Sales of security and surveillance building automation systems will remain high through 2031.
  • Applications of building automation systems in commercial sector will continue gaining momentum.
  • The U.S. is expected to witness high demand for building automation systems, owing to expansions in the residential and commercial sector. FMI projects the North American market to grow at a positive 7.2% CAGR.
  • Growth prospects in the U.K. are projected to be bright, due to stringent government regulations regarding energy efficiency and conservation. The European building automation systems market is poised to expand at a 7.0% CAGR.
  • China will emerge as an attractive market, owing to government initiatives promoting the development of smart cities.
  • South Korea and Japan will collectively account for 7% of the total market share.

Competitive Landscape

Honeywell International, Schneider Electric, Siemens AG, ABB, Johnson Controls, Plc, Delta Electronics, Inc., Eaton Corporation, Bosch Rexroth, Emerson, AVASGLO Group, Signellent Technologies (India) Pvt. Ltd., Comnatz Thailand Company Ltd, Deos AG, MCS Automation Technology Company Ltd., and Philips Lighting are some prominent players operating in the building automation systems market profiled by FMI.

As per FMI’s analysis, top 5 players in the building automation systems market comprise Siemens AG, Honeywell International, ABB, Schneider Electric, and Johnson Controls, plc, accounting for 44% of the total market share.

Prominent players in the building automation systems market are focusing on intensive research and development to add new products and services to their product portfolios. Apart from this, strategic collaborations, acquisitions, and mergers will remain key growth strategies among market players in the upcoming decade. For instance:

  • In August 2021, Schneider Electric released its new EcoStruxure Micro Data Centre architectures on Stratus Technologies’ ftServer edge computing platforms to move data center capabilities to factory floors. These systems integrate Stratus’ fault tolerance and virtualization with Schneider’s uninterrupted power supply and run critical equipment with no downtown.
  • In July 2021, Germany’s Bosch Rexroth and Gamuda Engineering announced a collaboration to offer building automation systems in the Malaysian construction industry. The collaboration is aimed to raise the Malaysian construction industry’s competency in automation.

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More Insights on the Building Automation Systems Market

In its latest report, FMI offers an unbiased analysis of the global building automation systems market, providing historical data for the period of 2016-2020 and forecast statistics for the period of 2021-2031. In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of product type (hardware, software, and services), system type (security & surveillance, HVAC, lighting solutions, and building energy management), application type (commercial, residential and governmental), and across seven regions (North America, Latin America, Europe, South Asia, East Asia, Oceania, Middle East, and Africa).

Explore wide-ranging Coverage of FMI’s Industrial Automation Market Insights Landscape

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About Industrial Automation Division at Future Market Insights

The Industrial Automation & Equipment division at FMI adopts a novel approach and innovative perspective in analyzing the global machinery and industrial automation market. A range of FMI’s market research reports offer comprehensive coverage of capital, portable, process, construction, industrial, and special purpose machinery used across manufacturing sector. The team also conducts distinctive analysis about installed base, consumables, replacement, and USP-feature application matrix, making us a prominent voice of authority in the industry. We are associates of choice for established as well as budding industry

Hearing Aids Market Insights, Deep Analysis of Key Vendor in the Industry 2016-2026 : FMI

The rising incidence rate of hearing disorders among the geriatric population has resulted in growing sales of efficient hearing devices. The hearing disabilities among war veterans as well as new-born infants is one of the biggest concerns in the global healthcare sector. The need for enhanced hearing aids is gaining importance as any untreated hearing loss among infants can lead to impairment in the speaking, the academic and the psychological abilities of the suffering children.
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Moreover, the global geriatric population is highly susceptible to developing hearing damage, which can adversely affect their personal relationships as well as their social life. As a result, the global market for hearing aids is expected to register a considerable rise, and the demand for hearing aids is likely to increase among several households during the forecast period (2016-2026).
Global Hearing Aids Market: Dynamics
FMI’s report on the global hearing aids market consists of research that identifies the key factors that will shape up the dynamics of the market during the forecast period. Besides the obvious factor of rising incidences, the growth of the global hearing aids market is also influenced by factors such as,

  • Rising noise pollutions levels

The increasing noise pollution throughout the world has had a significant impact on the hearing of adults. Noise emission in heavy duty industries as well as public carnivals is expected to damage the hearing capacity of adults, thereby resulting into increase in demand for hearing aids.

  • High decibel exposure

Common practice of exposing the ear drum with loud music played through headphones or earphones is a very common factor causing hearing problems among the young demographic. Furthermore, people working in high-decibel environments such as airports or ordnance factories are expected to suffer from hearing loss due to overexposure. The demand for hearing aids is also higher among construction worker, owing to the loud drilling and dismantling work.

  • Digital enhancement of hearing aids

The most recent factor stimulating the growth of enhanced hearing aids is the addition of Bluetooth, headphone, noise cancellation and other digital functions in the existing hearing devices. Such technological advancements have supplemented the demand for expensive hearing aids with additional features.
On the other hand, the factors that restrain the overall growth of the global hearing aids market include,

  • Product deficits

The low battery life of hearing aids is one of the biggest limitation to the demand of existing products. The consumer is left helpless and deaf, after the battery of the aid runs out.

  • Poor diagnosis methods

Lack of proper diagnosis of hearing disorders will result in lower adoption of hearing aids as consumer patients will continue to adjust to the hearing impairment.

  • Uncomfortable buzzing and amplification

The evident buzzing and feedback sounds emitting from the hearing devices have proved to displease the users, especially the elderlies. As a result, it has distracted the thought processes of old people while having conversations with their family and friends.
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Global Hearing Aids Market: Regional Outline
Among the regional classification of the global hearing aids market, North America and Europe are expected to be amid the foremost lucrative regions in the global market. The rising number of hearing loss incidences in the US and Canada is expected to drive the market growth in North America, while the presence of several leading hearing device manufacturers is anticipated to fuel the hearing aid businesses across Europe. Meanwhile, the high noise pollution levels in Asia Pacific (APAC) countries such as India, China and Japan is also expected to impact the hearing aids market in the APAC region.
Global Hearing Aids Market: Key Players
The leading manufacturers of the global hearing aids market are focussed on market consolidation and expansion of their product portfolio. ReSound, Widex, Oticon, Siemens AG, Starkey Hearing Technologies Inc., and Phonak Hearing Systems, are among the leading manufacturers of the global market that are based in European countries, and account for a majority of the global production of hearing aids. Zounds Hearing, Inc. (U.S.), SeboTek Hearing Systems, LLC (U.S.), Sivantos Pte. Ltd. (Singapore), GN Store Nord A/S (Denmark), Cochlear Limited (Australia), Sonova (Switzerland), MED-EL (Austria), and William Demant Holding A/S (Denmark), among others, are also recognised as the key players in the global hearing aids market.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology and applications.
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The report covers exhaustive analysis on:

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

Regional analysis includes

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

Market Segmentation

The global market for hearing aids is broadly segmented on the basis of the type of products, which include,

  • In the ear hearing aids (ITE)
  • In the canal (ITC)
  • Completely in the canal (CIC)
  • Behind the ear (BTE)
  • Receiver in canal (RIC)

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

Maleic Anhydride Market Latest Technology and Industry Trends & Forecast – 2016-2026

In its latest report, ESOMAR-certified market research firm Future Market Insights offers an extensive study on the market for Maleic Anhydride. FMI provides a new study to elucidate the potential growth parameters of the Maleic Anhydride market. On the back of prevailing trends FMI presents a positive growth outlook.

The report is intended to present an unbiased analysis. It therefore offers incisive coverage on key market dynamics, including drivers, restraints, opportunities, and challenges. It also offers detailed information on Maleic Anhydride market structure. FMI’s in-house team for chemicals & materials sector gives valuable insights, validated with latest data. The report also gives access to extensive database that tracks existing and upcoming chemicals & materials trends and innovation in 100+ countries.

FMI’s latest report on global Maleic Anhydride market provides analysis on regulatory landscape and profitable epidemiology. The study also tracks global sales of primary Maleic Anhydride in 20+ high-growth markets, along with the detailed coverage of the impact COVID-19 had on the Maleic Anhydride market.

In the last couple of years, chemicals & materials industry has witnessed considerable technological advancements across various sectors. Coupled with this, increasing research and development activities following the outbreak of COVID-19 have had a positive impact on the overall growth.

With the development in petroleum & oil and gas companies and R&D activities, the market has witnessed a healthy expansion. FMI’s latest report offers significant details about the latest trend and challenges that the Maleic Anhydride market is expected to witness in the upcoming decade.

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Impact of COVID-19 on Maleic Anhydride Market

The pandemic has placed an enormous strain on the chemicals & materials industry including its workforce, supply-chain, infrastructure, and market players. The first wave of COVID-19 that hit the regions across the globe, compelled the chemicals & materials industry to adapt and develop its infrastructure and innovate in a short period of time. Against this backdrop, FMI tracks the changes, improvement, profits and losses in the industry among the existing players as well as the new entrants within the industry.

The FMI’s recently published report presents detailed insights into the impact of COVID-19 on the Maleic Anhydride market and innovative strategies adopted by the market players to tackle the challenges encountered due to the pandemic.

Report available at an attractive price for first-time buyers! Offer expires soon!

Important Questions Answered in the Maleic Anhydride Market Report

  1. How will the Maleic Anhydride market expand through 2031?
  2. Which region is the most lucrative in the Maleic Anhydride market?
  3. What are the recent technological developments in the Maleic Anhydride market?
  4. What are key challenges and competition threats faced by Maleic Anhydride market players?
  5. Who are prominent players leading the Maleic Anhydride market?

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Maleic Anhydride Market: Key Segmentation

Extensive study of the geographical regions offers detailed insights on the market performance across major regions along with descriptive info graphics, datasets, and list of tables.

On the basis of application, global maleic anhydride market is segmented as below:

  • Unsaturated polyester resins
  • 1,4-butanediol
  • Additives
  • Co-polymers
  • Others

On the basis of end-use industries, global maleic anhydride market is segmented as below:

  • Construction
  • Automotive
  • Textile
  • Food & Beverage
  • Pharmaceutical
  • Others manufacturing

Maleic Anhydride Market: Competitive Evaluation

The FMI’s Maleic Anhydride market report provides a comprehensive analysis on key players operating in the Maleic Anhydride market. Some of the key players are:

  • Huntsman International LLC
  • LANXESS A.G.
  • Flint Hills Resources
  • Bartek Ingredients Inc.
  • Polynt S.p.A
  • Zhejiang Jiangshan Chemical Co., Ltd.

With a detailed analysis on positioning of top companies across the globe, emerging players, strategic players and innovators, the FMI’s study presents the strengths, weaknesses, growth prospects and challenges of key players over the forecast period.

Why Buy FMI’s Report?

  • Extensive analysis on high growth niche markets across major regions
  • Detailed assessment on key segments and sub-segments
  • Recent and upcoming strategies tracked of manufacturers for the Maleic Anhydride market
  • Reliable information on new product launches, technological advancements, and more
  • Valuable insights on the impact of regulatory framework on the global Maleic Anhydride market

High Density Racks (>100Kw) Market Demand is Increasing Rapidly in Recent Years : FMI

Number of data centers are growing rapidly to meet the increasing demands from business process to handle complex analytics and storage requirements. These data centers requires the use of power modules of varied power densities. Low density power racks means less computing power per square foot or rack, which also adds to the operating cost as need for data center expansion increases. High-density data centers are primarily those where power to the raised floor and the computing equipment exceeds 150 watts per sq. ft. over the entire raised floor or the amount of energy needed is higher than 10 kW per rack.
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At this point, conventional data centers embark significant limitations. High density racks are primarily useful at places where space cost are high and are beneficial to users primarily to ensure that the design and size of the zone are big enough to accommodate growth for at least five to ten years of capacity. High density racks support the Information technology and various networking equipment which includes switches, servers and routers & others in data center and are primarily used to support the high density computing.
Global High Density Racks Market: Dynamics
Need for efficiency coupled with demand for compact equipment is primarily increasing the adoption of High Density Racks.  Further, rising demand for operations related to data center & increasing investment in data center equipment are the major factor boosting the growth of global high density racks market.
However, increase in the cost of cooling and high energy cost are the major factor restraining the growth of high density racks & thus hampering the global high density racks market. High performance computing (HPC) environments such as Oil and Gas industry to manage and analyze the extreme levels of computing involved with seismic processing are primarily adopting high density power racks.
Global High Density Racks Market: Region-wise Outlook
Global high density racks market is segmented into seven key regions namely North America, Latin America, Asia-Pacific excluding Japan, Middle-East & Africa, Western Europe, Eastern Europe and Japan. North America accounted for maximum share in the global high density racks market. Emerging economies such as India & China are expected to drive the high density racks market primarily due to increasing investments in several sectors such as banking, telecom & insurance  and others requiring data centers to support new projects in the region.
Global High-Density Racks Market: Key Players
Some of the major players identified across High-Density Rack market includes Ridg-U-Rak, Emerson Electric Co., Eaton, AK Material Handling Systems, VALERACK, Hewlett Packard Enterprise Development LP, HUAWEI Technologies CO LTD., Belden Inc., Redirack Storage Systems and Storax Limited.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology, and applications.
For critical insights on this market, request to ask an expert here @ https://www.futuremarketinsights.com/ask-question/rep-gb-1995
The report covers exhaustive analysis on:

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

Regional analysis includes

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

Global High Density Racks Market: Segmentation

The global high density racks (>100Kw) can be segmented on the basis of type, cooling & application.
On the basis of type, global high density racks market can be segmented into

  • Drive-in rack
  • Drive-through rack

On the basis of cooling, global high density racks market can be segmented into

  • Refrigerant
  • Water
  • Direct expansion
  • Air flow

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On the basis of end-use, global high density racks market can be segmented into

  • Distribution centers
  • Warehouses
  • Food processing plants
  • Big-box retail outlets
  • Data Center

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

Venous Thromboembolism Treatment Market is Expected to Observe a CAGR of 4.0% Over 2019 to 2029 – Future Market Insights

The global demand for venous thromboembolism treatment market is likely to grow steadily over the forthcoming years. As indicated by a recent Future Market Insights (FMI) study, the market revenues will observe approximately 4% CAGR between 2019 and 2029. More than 3/5th of treatment demand is underpinned by deep venous thrombosis, according to the report. Catheter-directed thrombolysis devices and percutaneous thrombectomy devices, collectively account for more than half of the global revenues represented by the venous thromboembolism treatment market.

Venous thromboembolism treatment involves segmented pneumatic compression pumps without gradient, segmented pneumatic compression pumps with calibrated gradient, lower pneumatic compression sleeves, non-segmented pneumatic compression pumps permanent inferior vena cava filters, retrievable inferior vena cava filters, embolectomy balloon catheters, percutaneous thrombectomy devices, catheter-directed thrombolysis (CDT) devices and upper pneumatic compression sleeves. Based on the disease indication, deep vein thrombosis is expected to hold a prominent share in the overall venous thromboembolism treatment market.

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Poor Reimbursement Scenario Against High Treatment Costs to Restrict Adoption

Several factors are impacting the overall growth of the venous thromboembolism treatment market. The first and the most important factor driving the venous thromboembolism treatment market is the increasing prevalence of venous thromboembolism disease. Other factors, such as the increasing retrieval rate of vena cava filters, increasing healthcare awareness, presence of favourable reimbursement policies, and increasing geriatric population, are also responsible for the growth of the venous thromboembolism treatment market.

Apart from the driving factors of venous thromboembolism treatment market, there are few factors that are likely to hinder the overall growth of the venous thromboembolism treatment market. The high cost associated with venous thromboembolism treatment therapy, poor reimbursement for some of the treatment devices, and poor insurance support are among the major factors that are expected to hamper the growth of the venous thromboembolism treatment market.

Preview analysis of Venous Thromboembolism Treatment Market is segmented by (Product Type – Non-Segmented Pneumatic Compression Pumps, Segmented Pneumatic Compression Pumps without Gradient, Segmented Pneumatic Compression Pumps with Calibrated Gradient, Upper Pneumatic Compression Sleeves, Lower Pneumatic Compression Sleeves, Permanent Inferior Vena Cava Filters, Retrievable Inferior Vena Cava Filters, Embolectomy Balloon Catheters, Percutaneous Thrombectomy Devices & Catheter-Directed Thrombolysis (CDT) Devices; Disease Indication – Deep Venous Thrombosis & Pulmonary Embolism; End User – Hospitals, Catheterisation Laboratories & Ambulatory Surgical Centres;) : https://www.futuremarketinsights.com/reports/venous-thromboembolism-treatment-market

Drug-based Treatment Witnessing Traction across Europe

Although increasing preference for drug-based venous thromboembolism treatment is highly likely to hinder the growth of the market, new-generation drugs, including non-Vitamin K antagonist oral anticoagulants (NOACs) such as dabigatran, rivaroxaban, apixaban, and edoxaban, are estimated to boost the adoption rate of venous thromboembolism treatment due to increased efficacy. However, there are regional variations to this trend.

North America is expected to be a prominent region in the global venous thromboembolism treatment market because of the presence of a well-developed healthcare infrastructure and numerous technological advancements in the region. The increasing prevalence of venous thromboembolism is also responsible for the boosting the growth of the North America market. Treatment using mechanical and interventional prophylaxis systems is expected to be increasingly adopted in the North American region during the forecast period. In addition, drug-based treatment is expected to gain popularity in the European region, which is expected to subsequently decrease the usage of mechanical and interventional treatments in the region.

On the other hand, increasing per capita healthcare expenditure is one of the macroeconomic factors that is likely to boost the market. Nowadays, certain changes in the socio-economic scenario can also lead to significant growth in the venous thromboembolism treatment market.

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Tier 1 Players Account for Nearly 35% Market Revenue Share

Some of the key manufacturers of venous thromboembolism treatment are mainly focusing on innovating and launching new and advanced products. Major players in the venous thromboembolism treatment market are focusing on collaborations and acquisitions. For example, venous thromboembolism treatment is majorly adopted by hospitals, catheterisation laboratories, and ambulatory surgical centres. Hospitals are expected to hold a significant revenue share in the venous thromboembolism treatment market.

The report tracks some of the key companies operating in the venous thromboembolism treatment market such as ArjoHuntleigh AB, AngioDynamics, Cardinal Health Inc., BTG International Ltd., Stryker Corporation, DJO Global Inc., EKOS Corp, and Teleflex Inc., Boston Scientific Corp.  There are several other companies operating in the venous thromboembolism treatment market. AngioDynamics, Boston Scientific Corp., and Cardinal Health Inc. are expected to hold a prominent share in the venous thromboembolism treatment market. These tier 1 companies hold a share of approximately 35% in the venous thromboembolism treatment market.

For exclusive insights on the global and regional demand scenario of venous thromboembolism treatment, write to press@futuremarketinsights.com

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