Intelligent Pigging Services Market was valued at ~US$ 537 Mn in 2018 and is anticipated to expand at a CAGR of ~6% during the forecast period of 2019-2029 | T.D. Williamson, Inc., LIN SCAN, GE Oil and Gas (PII Pipeline Solutions), Baker Hughes Incorporated

The latest market research study by Future Market Insights on intelligent pigging services includes the global industry analysis for 2014-2018 and opportunity assessment for 2019-2029. The study observes the intelligent pigging services market and offers thorough insights for the forecast period of 2019-2029. According to the analysis and study done in the report, the global intelligent pigging services market is anticipated to observe prominent progress, due to high advancements in the inspection technologies.

The intelligent pigging services market was valued at ~US$ 537 Mn in 2018 and is anticipated to expand at a CAGR of ~6% during the forecast period of 2019-2029.

The intelligent pigging services market has high potential to develop in regions such as North America, Eastern Europe, and the Middle East and Africa. North America and Western Europe have stringent pipeline safety regulations to protect the environment and avoid the business discontinuity, thereby potentially raising the demand for intelligent pigging services.

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Most of the regulatory authorities across the globe lay emphasis on the regular maintenance and inspection of the oil and gas pipelines. This is due to the fact that regular supply is the key to ensure stable economic growth. The original equipment manufacturers (OEMs) and vendors are constantly investing in research and development to improve the pipeline and maintenance procedures. The advanced intelligent pigging technologies enable efficient diagnosis of flaws in the pipeline such as deformation and multi data to locate dents, corrosion and seam defects, which are being used by pipeline operators. Rapid industrialization across the globe is driving the consumption of petroleum, which will simultaneously drive the demand for intelligent pigging services.

Implementation of in-line pigging services based on MFL, UT, and EMAT technologies requires substantial capital investment, which hampers the adoption especially in developing economies such as India and ASEAN countries. According to the FMI analysis, the average pricing of intelligent pigging technologies such as MFL and UT is anticipated to increase by approximately 5%–7% on y-o-y basis over the next 10 years. Due to this high costs involved in the intelligent pigging services, various pipeline operators opt for different alternatives, which are cost-effective as compared to smart or intelligent pigging services. This is inhibiting the growth of the intelligent pigging services market globally to some extent.

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North America Region to Offer Significant Growth Opportunities for Market Players

With growing technological progression and advancements in the electronic systems over the years, various original equipment manufacturers offer smaller intelligent pigs as compared to conventionally used pigs, equipped with sophisticated and small size electronic systems. This will increase the profitability of easy maintenance of pipelines with smaller diameter.

For the global intelligent pigging services market, North America is anticipated to be a prominent region throughout the forecast period, owing to the stable growth of petroleum consumption. Increasing adoption of intelligent pigging services in Eastern Europe and the Middle East and Africa along with North America and Latin America are anticipated to provide lucrative growth opportunities for the market players.

Magnetic Flux Leakage Technology Expected to Remain Prominent

The division of the global intelligent pigging services market has been done on the basis of technology and end use along with seven regions.

  • On the basis of technology, the magnetic flux leakage technology is anticipated to remain prominent in the forthcoming years. Ultrasonic test is also anticipated to project relatively high growth over the forecast period.
  • The ultrasonic test technology has noteworthy benefits where a transducer emits an ultrasonic sound that travels in the pipeline wall. The thickness of the wall is determined by calculating the time consumed for an echo of the ultrasonic sound to return to the sensors. Pigs, which are based on UT technology, require a liquid medium in order to travel through the pipeline.

Intelligent Pigging Services Market: Segmentation

Technology

  • Magnetic Flux Leakage
  • Ultrasonic Test

End Use

  • Oil
  • Gas

Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East and Africa

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Intelligent Pigging Services Market: Vendor Insights

The global intelligent pigging services report highlights on some of the major industry players in the global market. Some of the examples of key players in the market are T.D. Williamson, Inc., LIN SCAN, GE Oil and Gas (PII Pipeline Solutions), Baker Hughes Incorporated, Enduro Pipeline Services Inc., NDT Global, OMV Group, Petrobras, Royal Dutch Shell PLC,and ConocoPhillips,among others.

About Future Market Insights (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, and has delivery centers in the UK, 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.

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Agriculture Testing Services Market Brief Forecast and Analysis by Top Key Players to 2028

Agriculture testing services conduct various types of testing such as that of water, soil, seeds, food, fertilizers, and other testing services to inspect and determine their quality parameters. The increasing demand for agriculture testing services across the globe to maintain the quality standards and to maximise agriculture production is boosting the market growth significantly. The agriculture testing services market is segmented on the basis of sample type, by service type, by end user, and by region.

On the basis of sample type, the agriculture testing services market has been segmented into water, soil, seed, water, fertilizer, food, and others. On the basis of service type, the agriculture testing service market has been segmented into on-site and off-site agriculture testing services. On the basis of end users, the agriculture testing services market has been segmented into farmers, agricultural consultants, fertiliser manufacturers, research bodies, and others. On the basis of region, the agriculture testing services market has been segmented into North America, Latin America, Europe, East Asia, South Asia, Oceania, Middle East and Africa and Emerging Countries.

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Rapidly increasing global population and urbanisation are some of the major concerns across the globe. Increasing population creates a burden on the agriculture industry to maximise the overall yield production. Continuous focus on the maximisation of yield production also requires a larger quantity of agriculture products such as fertilizers, seeds, and others. The increasing demand for the quality inspection of these agriculture products to generate the maximum yield is ultimately boosting the agriculture testing service market.

Key Players Focused on Expansion in Lucrative Asian Markets

Regions such as North America, Europe, and East & South Asia are among the key regions in which the agriculture industry is growing rapidly. Prominent manufacturers are continuously focusing on these regions to capture a significant market share in terms of revenue. Agriculture testing service providers provide various types of testing services such as soil testing, food testing, water testing, seed testing, fertiliser testing, and other testing services in these regions. The presence of an adequate number of key agriculture service providers and the frequent requirement of agriculture testing services in these regions is fuelling the growth of the agriculture testing service market. These key agriculture testing service providers firmly believe in acquisitions and expansion strategies to expand their global footprints.

  • For instance, Eurofins, one of the prominent agriculture testing service providers, announced the acquisition of Laboratoire de Bromatologie de l’Ouest (LBO) to extend its network of food testing laboratories in France on May 23, 2018
  • The company also strengthened its footprint in France by acquiring Protec Group to expand its food and water testing activities
  • ALS Limited, another agriculture testing service provider, acquired the Mikrolab Group in Sweden on October 3, 2017. The Mikrolab Group provides pharmaceutical, environmental, and food testing to a wide range of clients

On the basis of geography, North America and Europe are anticipated to capture a substantial market share in terms of value in the agriculture testing services market due to the presence of an adequate number of service providers in these regions. Moreover, the rapidly growing crop production and the need for the quality testing of these crops in the above-mentioned regions are among factors that are considerably driving the agriculture testing service market. In Latin America, there is growing demand for agriculture testing services due to the increasing consumption of fertilisers. Increasing agriculture production in the South and East Asia, along with the quality testing of agriculture products, is fuelling the growth of the agriculture testing service market.

The report tracks some of the key companies operating in the market, such as BUREAU VERITAS, Intertek Group plc, Eurofins Scientific, SGS SA, A&L Great Lakes., Agri-Labs, Inc., Polytest Laboratories, Waters Agricultural Laboratories, Inc., J. K. ANALYTICAL LABORATORY & RESEARCH CENTRE, Lilaba Analytical Laboratories, Kinsey Ag Services, AgroLab, TÜV NORD GROUP, Akshar Analytical Laboratory & Research Center, and AGQ Labs USA, and Interstellar Testing Center Pvt. Ltd.

SGS SA, BUREAU VERITAS, Intertek Group plc, and Eurofins Scientific are estimated to capture a prominent share of the agriculture testing service market. These tier 1 companies hold a share of approximately ~ 50 % of the agriculture testing service market.

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Key Segment

By Sample Type

  • Soil
  • Seed
  • Water
  • Fertilizer
  • Food
  • Others

By Service Type

  • Off-Site Services
  • On-Site Services

By End User

  • Farmers
  • Agricultural Consultant
  • Fertilizer Manufacturers
  • Research Bodies
  • Others

By Region

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • MEA
  • Emerging Countries

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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.

Contact

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pH Meter Market value will grow at a CAGR of more than 5% over 2019-2027 | Endress + Hauser Digital Labs GmbH, Hanna Instruments, Omega Engineering, Agilent Technologies

More than 1.6 million pH meters were sold in 2018, according to a new analytical study of Future Market Insights (FMI). While the unit sales of pH meter market has been estimated to grow by promising 4.7% Y-o-Y in 2019, over 85% of the total sales will be accounted by digital pH meters. In terms of revenue, FMI’s analysis opines that the global pH meter market value will grow at a CAGR of more than 5% over 2019-2027.

pH Meter Becoming an Imperative Control Parameter

pH meters are used significantly in scientific, industrial, and household applications across numerous industrial sectors, such as power industries, pharmaceuticals industries, food & beverages industries, the mining sector, and the oil & gas sector. However, according to FMI, burgeoning applications of pH meters in chemical and petrochemical industries will hold a major share in growth of the pH meter market across the globe over the forecast period.

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The importance of determining the properties of a chemical samples has been on the rise, which remains the important factor to trigger a high demand for pH meters in the chemical and petrochemical industries for petroleum refining processes. pH is thus becoming an important control parameter in the petrochemical and chemical industries and this is likely to influence upcoming trends in the pH market during the foreseeable future.

Growing Demand for pH Meters in Healthcare Industry

pH meters are commonly used for calculating pH of whole blood PLTs (WBPs) as they are an important equipment used in surrogate test of bacterial infection. pH meters are also used to stop the transfusion of bacterially contaminated WBPs and RBCs. Hence, the demand for pH meters in the biotechnology filed, as well as in hospitals and pharmaceutical laboratories, has witnessed rapid growth. These are also among the major factors propelling the pH meter market across the globe.

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Government Regulations Vis-à-vis Water and Wastewater Treatment Boost Demand for pH Meter

The report has cited high demand for pH meters within multiple industrial sectors in North America and Europe, owing to strict regulations by respective governments pertaining to the industrial sector.

Asia Pacific excluding Japan is expected to hold a prominent share of the global pH meter market over the forecast period. Increase in spending by the governments and organisations to cope with the rapidly growing urbanisation, water policies, the implementation of safe water principles, as well as numerous international protocols & policies to ensure water safety are some of the factors that are estimated to fuel the growth of the pH meter market in the Asia Pacific excluding Japan region.

In the Middle East & Africa, the pH meter market is estimated to grow significantly as the World Health Organization has published stringent guidelines pertaining to the obtainability of safe water for the public, as Middle East Africa has the lowest number of people with access to safe drinking water. Governments in the Middle East Africa region are focusing on refining the quality of water, which is another parameter fuelling the growth of pH meter market in the Middle East Africa. These are some of the factors fuelling the growth of the market across the globe.

pH Meter Market: Segmentation

On the basis of end use

  • food & beverages
  • pharmaceutical & hospitals
  • biotechnology
  • chemical & petrochemical
  • environmental research
  • educational institutes
  • water & waste water management

On the basis of product type

  • digital
  • analogue

On the basis of modularity

  • portable
  • benchtop pH meters

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Tier-1 Manufacturers in pH Meter Market to Emphasize Strategic Acquisitions

According to the FMI analysis, Mettler-Toledo, Emerson Electric Co. and Thermo Fisher Scientific are among the prominent manufacturers of pH meters. Developments and innovations in pH meters, along with developing relations with customers and rising number of acquisitions, are among the prominent strategies followed by the manufacturers of pH meters.

Some of the key manufacturers of pH meters are Endress + Hauser Digital Labs GmbH, Hanna Instruments, Omega Engineering, Agilent Technologies, PerkinElmer, ThermoWorks, WTW inoLab, Beckman Coulter, Metrohm, Contech, Sartorius AG, and Hach.

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.

Contact

Mr. Debashish Roy
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United Arab Emirates
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Stability Test Chamber Market was valued at US$ 2.7 billion, which according to FMI’s analysis, will thrive at 5.8% CAGR through 2027

Future Market Insights (FMI) has recently published a report titled ‘Stability Test Chambers Market – Global Industry Analysis 2013–2018 and Market Forecast 2019–2027’. In 2018, the stability test chambers market was valued at US$ 2.7 billion, which according to FMI’s analysis, will thrive at 5.8% CAGR through 2027.

Stability test chambers are widely used in various industries such as pharmaceutical, electronics, food & beverages, construction, and chemical. Stability test chambers are used to store and test a variety of products at specific humidity and temperature conditions. There has been phenomenal growth in industries, such as pharmaceutical and electronics, which is expected to significantly contribute to the growth of the stability test chambers market across the globe.

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Application Base of Stability Test Chambers Widening in Food, Pharma, and Electronics Industries

Several types of packaging and food preservatives need to be checked at different levels of humidity and temperature before they are sold in the market. Stability test chambers are used to check the various quality parameters of food, such as colour, odour, and taste. The increasing demand for packaging food due to changing lifestyle across the world is boosting the stability test chambers market.

The testing of various pharmaceutical products as per the pre-determined guidelines is one of the most important parameters for the pharmaceutical industry. Various types of drugs, medicines, and healthcare products need to be tested based on different factors such as light, humidity, and temperature. Stringent regulations associated with the testing of pharmaceutical products is boosting the stability test chambers market.

Stability test chambers are also used in the electronics industry to test various components such as semiconductors, power devices, transducers, capacitors, and resistors. The frequent usage of stability test chambers in the electronics industry is driving the stability test chambers market.

Stability test chambers are also used in cement manufacturing plants to inspect the quality of cement at various stages. Cement and concrete materials require accurate testing to ensure their integrity and lifetime quality. Increasing cement manufacturing plants and rapid growth in the construction industry worldwide is another factor boosting the stability test chambers market.

Technologically Advanced Stability Test Chambers Gaining Traction as User-friendly Variants

The stability test chambers market has grown rapidly over the past few years due to the availability of technologically advanced stability test chambers. Technological advancements, such as precise temperature & humidity control, fog-free viewing window, humidity water filtration system, and computer interface, have made stability test chambers more user-friendly.

In addition, the availability of a variety of testing chambers, such as humidity and temperature test chambers, thermal shock test chambers, and altitude test chambers, is also significantly driving the stability test chambers market. Newly added features, such as a programmable timer, audio-visual alarm, and remote monitoring, are also boosting the demand for stability test chambers.

Rapid growth in the pharmaceutical & food industries and the existence of key manufacturing players in the North America and Europe regions are also among factors propelling the demand for stability test chambers.

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Key Segment

Based on Equipment Type

  • humidity & temperature test chambers
  • thermal shock test chambers
  • altitude test chambers

Based on Modularity type

  • Benchtop
  • walk-In
  • portable

Based on End User

  • pharmaceutical and biomedical
  • food and Beverage
  • electronics, construction
  • other end use

Based on Region

  • North America
  • Latin America
  • Europe
  • Japan
  • APEJ
  • Middle East & Africa (MEA)

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Key Companies in Stability Test Chamber Market Focusing on Industry-specific Instrument Development

According to the FMI analysis, Thermo Fisher Scientific Inc., and Weiss Technik North America, Inc. are among the prominent manufacturers of stability test chambers. Manufacturing and providing a wide range of stability test chambers to customers as per the industry requirements are among the key strategies followed by major players to capture a significant market share.

Some of the key manufacturers of stability test chambers are Guangdong sanwood instrument technology co.,ltd, Thermotron Inc., Falc Intruments s.r.l, Terra Universal. Inc., ESPEC CORP, Angelantoni Test Technologies, Scientific Climate Systems and Qualitest International Inc.

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.

Contact

Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
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Universal Testing Machine Market revenues will exceed US$ 590 Mn end of forecast period 2019 – 2029 | Instron (Illinois Tool Works), AMETEK, Shimadzu Corporation, Keysight Technologies

Driven by extensive utilization for material testing applications in automotive, construction, and paper and plastic industries, universal testing machine (UTM) market continues to observe a steady growth rate. Towards the end of forecast period (2019 – 2029), global universal testing machine market revenues will exceed US$ 590 Mn, as projected by a new Future Market Insights (FMI) report.

Capable of testing various mechanical properties such as tension, compression, shear, bending, hardness, fatigue, and others, universal testing machines are also widely utilized by glass, metal, polymer, rubber & ceramic, and wood product manufacturers.

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Key Takeaways – Universal Testing Machine Market Study

  • Based on market value share, four column universal testing machines segment to be dominant, despite a relatively high price point. On the other hand, single column universal testing machines segment is anticipated to hold a higher market volume share, owing to relatively lower cost and higher application in paper & plastic, polymer, textile, and electronics & electrical industries.
  • UTMs are significantly used in the automotive industry, as these are used to determine mechanical test data such as material rigidity, design stiffness, components, fatigue and material forming, and joining technology. Moreover, testing for engine & drive train, chassis, body, interior design, and electronic component design is performed by UTMs in this industry.
  • Global manufacturers of universal testing machine are majorly focusing on the development of new universal testing machines with wide measuring range, owing to increasing demand for diverse material testing that require specific UTMs. Furthermore, customer-centric approach by maximizing services is the primary focus of regional/local manufacturers.

Several end-use industries are preferring multi-purpose universal testing machines over other testing machines that can measure only single mechanical property. Therefore, manufactures have shifted their focus on application-specific product development.

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Who Is Winning?

The global universal testing machine market is moderately fragmented owing to continuous demand for testing mechanical properties for wide range of materials, and presence of regional and global players. Key manufacturers such as Instron (Illinois Tool Works), AMETEK, Shimadzu Corporation, Keysight Technologies, Zwick/Roell, and MTS Systems Corporation account for about 30% of the overall market share. North America and Europe are anticipated to account for approximately half of the total market share, owing to significant demand for automotive, aerospace, and textile material testing.

Product Development to Grab Larger Market Share

Broadening applications in various industries such as automotive, construction, textiles, aerospace, paper & plastic, electronics, polymer and others, are shaping market growth positively. Therefore, market players offering universal testing machines are continuously focusing on developing new products to sustain their positions in the highly competitive market.

UNIVERSAL TESTING MACHINE MARKET TAXONOMY

The global universal testing machine market is segmented in detail to cover every aspect of the market and present complete market intelligence to the reader.

Product

  • Single Column Testing Machines
  • Dual Column Testing Machines
  • Four Column Testing Machines

End Use

  • Automotive
  • Paper & Plastic
  • Textiles
  • Electronics & Electricals
  • Aerospace Material Testing
  • Construction Material Testing
  • Research & Academia
  • Others

Region

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

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Know More About the Report

The research report analyzes total sales of universal testing machines on the basis of volume (Units) and value (US$ Mn). The report includes a competition analysis section that includes market structure analysis, competition development, tier structure analysis, and other important information about global and regional players in the market. Opportunities in the market are projected on the basis of factors such as growth of industries such as textile, automotive, aerospace & defense, electrical & electronics, paper & plastic.

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.

Contact

Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

 

Soil Field Testing Equipment Market : Value Chain, Stakeholder Analysis and Trends by 2027

The criticality of the assessment of properties and quality of soil continues to sustain the sales of soil field testing equipment at a global level. As the participants in the construction industry are mandated to adhere to the National Bureau of Standards for soil resistive testing, it is more likely that on-field soil testing would continue to gather ground, subsequently boosting the demand for soil field testing equipment such as soil density volumeters, soil moisture testers, soil penetrometers, soil classification testers, soil resistivity testers, pocket shear vane sets, and digital pH meters.

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According to a newly published market research intelligence by Future Market Insights, tightening regulatory norms set for testing the compatibility of building and construction materials with soil are predominantly driving the growth of soil field testing equipment market. Estimated to see moderate revenue growth in coming years, the approximately US$ 900 million global market for soil field testing equipment is expected to merely approach the valuation of a billion dollar towards 2020.

In addition to urbanization that is boosting the expenditure on building and construction, augmenting R&D investments initiated by governments as well as privately owned entities will continue to widen the prospects of soil field testing equipment adoption. Increasing stringency of the regulatory frameworks governing building and construction industry is also playing a prominent role in firming up the demand for soil field testing equipment worldwide.

Over 30% Market Share Belongs to Water Permeability Testing Equipment

In an effort to satisfy soil density requirements set by the American Society for Testing and Materials (ASTM) and the American Association of State Highway and Transportation Officials (AASHTO), the industry is raising steady demand for soil field testing equipment.

ASTM standards defined for the desired soil permeability are significantly boosting demand for soil field testing equipment such as water permeability testers, which hold a substantial contribution in the global soil field testing equipment landscape, i.e. more than 30% of the total market value. Soil field testing equipment used in testing the soil density and consolidation are also slated for a considerable market revenue share, as indicated by the report.

Portable Soil Testing Equipment Explores Higher Applicability

While based on the type of machine, stationary soil field testing equipment currently accounts for more than half of the total market value, the report also prompts at the elevating adoption of portable soil field testing equipment. The latter, owing to superior functionality and convenient attributes such as light weight and low maintenance, will reportedly showcase relatively higher potential in terms of adoption across the industry.

More Demand Projected to Flow to R&D Laboratories

Following the on-site segment, educational institutes are presumed to represent a sizeable value share in soil field testing equipment landscape. While the widening expanse of construction industry is propelling the demand for on-site soil testing equipment, R&D laboratories are also poised to represent a decent share in the total market value.

The report however prompts at a gradually increasing revenue share of educational institutes owing to relatively high yearly growth projections. A number of soil field testing equipment manufacturers are involved in conducting training workshops and seminars for customer companies, which is likely to boost the demand for soil field testing equipment in the near future.

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Emerging Economies Mirror a Positive Growth Outlook for the Market

Asia Pacific (excluding Japan), with over 1/3rd value share in the soil field testing equipment landscape, is anticipated to remain at the forefront of global competition owing to the constantly thriving construction industry and emergence of highly attractive investment avenues residing in the region’s infrastructure domain. Increasing inclination of both consumers and industry stakeholders towards safe building and construction activities will remain a prominent factor pushing adoption of soil field testing equipment across APEJ.

Europe, although positioned as the next key regional market for manufacturers of soil field testing equipment, is slated for a sluggish growth in the revenue through the next few years. The region’s construction industry has been in its maturity phase over the recent past, which is likely to influence the growth of soil testing space across Europe. On contrary, the soil field testing equipment market in Latin America and Middle East & Africa are forecast to demonstrate promising year on year growth in by 2020 and ahead.

While the report points to key players in soil field testing market focusing on the technological advancements in existing portfolio of soil field testing equipment, automation also remains a key factor dictating their developmental strategies.

Overseas expansion through strengthening online sales of soil field testing equipment is also projected to be an important strategy adopted by prominent manufacturers. According to the report, growing focus on the continuous development of advanced technology equipment for soil field testing is likely to push R&D investments of manufacturers.

Some of the key players of the soil field testing equipment market are Humboldt Mfg. Co., Controls S.p.A., GlobalGilson.com, EIE Instruments, FilWEB, ELE International, Aimil Ltd., LaMotte Company, PCTE, W.W. Grainger, Inc., Geocomp Corporation, Cooper Technology and Thomas Scientific, Dexsil.

Key Segment

Based on of location

  • on-site
  • R&D laboratory
  • educational institutes

Based on machine type

  • stationery
  • portable

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Based on of test type

  • soil sampling tests
  • triaxials tests
  • CBR tests
  • density & consolidation tests
  • water permeability tests

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.

Contact

Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
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Website: https://www.futuremarketinsights.com

 

Spectroscopy Equipment and Supplies Market will further rise to US$ 28.8 Billion in 2027 | Agilent Technologies, Thermo Fisher Scientific, Inc., Hitachi High-Technologies Corporation, and PerkinElmer, Inc

A recently published market research study by Future Market Insights, forecasts global demand for spectroscopy equipment and supplies will total US$ 17.1 Billion in 2019, representing a robust year-on-year growth rate of 6.4 percent. The demand will further rise to US$ 28.8 Billion in 2027. FMI, in its report, projects a robust demand for spectroscopy equipment and supplies, in the coming years, supported by technological advancements in spectroscopy equipment, increased adoption in healthcare and food safety industry, and growing digitization in laboratories—further supporting the automation trend. While healthcare application of spectroscopy equipment and supplies continue to generate maximum revenue, the demand for spectroscopy equipment and supplies has further spread to pharmaceutical, food safety testing, and drug development sectors, in order to enhance productivity and capabilities of analytical operation.

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Portable Infrared Sensing Spectrometry Equipment Holds Promising Potential

Although infrared (IR) sensing have been widely used in detection and analysis applications, including fuel and oil analysis, food safety, flame and gas detection, and gesture sensor, it is only recently portable analyzers equipped with IR sensing technology have been fully utilized in outdoor setting, in filed, rather than a laboratory setup for spectrometry applications. Various portable spectrometry application include assessing oil in ship engines while on the move and in food safety to detect contamination, adulteration, and presence of additives in products such as oils, fruit juices, and milk. FMI indicates promising future for portable IR sensor-based spectrometry and its application in diverse industries including healthcare, pharmaceutical, IoT, and environmental monitoring. Equipment designers and core sensing technology suppliers are manufacturing compact, robust, and low-power portable IR sensor-based spectrometry to address the technological challenges associated with such equipment. It is also estimated that mid-IR sensors are optimal for food safety and fuel and oil applications.

“Continual investments and technological advancements in laboratory services and equipment is enabling hospitals to improve patient outcomes while also reducing costs and enhancing patient and physician satisfaction. The advancements in spectroscopy technologies increases the speed and resolution at an incredible rate, thereby increasing the demand for spectroscopy equipment and supplies. Manufacturers of spectroscopy equipment and supplies are increasingly focusing in developing holistic solutions for various application, with an aim to increase the speed of the experiments and also its precision”, says a senior analyst. Moreover, digitization of laboratories that are continually looking for more efficient and effective ways to maximize the outcomes of their experiments involving mixing, testing, and shaking amongst other laboratory processes, the analyst explains further.

Concentrated Application Anticipated in Molecular Spectroscopy

With expansions into biological, medical, and sensing application, molecular spectroscopy has built upon existing instrumentations, translating into superior technique innovations in the form of Raman, fluorescence, and infrared spectroscopy. Technological advancements have helped in removing barriers associated with diffraction limit of light and imaging through difficult media including bones and plastic. Spectroscopy equipment and supplies, as per the report, will continue to witness maximum application in molecular spectroscopy, accounting for a market share of nearly 35 percent, through the forecast period of 2018-2027. Recently, a team of researchers, for the first time, applied 2-D spectroscopy to isolated molecular systems, opening up a range of applications of spectroscopy equipment and supplied including photovoltaics and optoelectronics.

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Competition Landscape Analysis

FMI, in its in-depth analysis of the spectroscopy equipment and supplies market, has carefully studied the leading manufacturers of spectroscopy equipment and supplies, which indicates a fairly balanced competitive landscape. Tier-1 players such as Agilent Technologies, Thermo Fisher Scientific, Inc., Hitachi High-Technologies Corporation, and PerkinElmer, Inc—all having significant regional and global presence, hold an approximate share of 37 percent of the overall market. Tier-2 manufacturers of spectroscopy equipment and supplies, including Bruker Corporation and Shimadzu Corporation, have relatively less offerings compared to tier-1 players, hold approximately 33 percent of the total market share. The new entrants in the spectroscopy equipment and supplies market constitute the tier-3 category, with individual companies holding a share of less than 2 percent. Core forward market strategies include:

  • Increased spending on research and development initiatives.
  • Technological innovations, expanding applications, and increasing demand for advanced laboratory is creating opportunities for strategic tie-ups in the form of mergers and acquisitions and collaborations.
  • Manufacturers of laboratory equipment such as spectroscopy equipment and supplies are also focusing on developing new products with improved functional ability and advanced feature—to expand their product portfolio and offer operation specific products to end-users.

Key Segments

By Product Type

  • Molecular Spectroscopy Equipment
  • Atomic Spectroscopy Equipment
  • Mass Spectroscopy Equipment
  • Molecular Spectroscopy Supplies
  • Atomic Spectroscopy Supplies
  • Mass Spectroscopy Supplies

By Industry

  • Pharmaceuticals
  • Agriculture & Food
  • Oil & Gas
  • Chemicals & Polymer
  • Others

Key Regions

  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Europe
    • Germany
    • U.K.
    • France
    • Spain
    • Russia
    • Rest of Europe
  • APEJ
    • China
    • India
    • Malaysia
    • Singapore
    • Australia
    • Rest of APEJ
  • Japan
  • MEA
    • GCC Countries
    • Israel
    • South Africa
    • Rest of MEA

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In-depth regional analysis of the global spectroscopy equipment and supplies market projects North America as the most attractive pocket, owing to increased spending on research and development initiatives in the region. Moreover, APEJ and Europe also display investment opportunities for manufacturers of spectroscopy equipment and supplies considering large number of research laboratories based in the region along with ongoing advancements in the pharmaceutical industry. Latin America, too likely to demonstrate a promising outlook for market growth.

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.

Contact

Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

 

Solar Pumps Market is estimated to grow at a CAGR of ~12% during the forecast period of 2019-2029 | KSB SE & Co. KGaA, Kirloskar Brothers Limited, Grundfos, Franklin Electric

FMI has released a new market research study on the solar pumps market that includes global industry analysis 2014–2018 and opportunity assessment 2019–2029. The report investigates the solar pumps market and provides critical insights for the forecast period of 2019-2029. As per the study, the solar pumps market is projected to experience generous growth throughout the forecast period due to several governmental policies and regulations, and increasing dependency on renewable source of energy.

  • The solar pumps market size in 2019 is estimated to be valued at ~US$ 1 Bn.
  • The solar pumps market is estimated to grow at a CAGR of ~12% during the forecast period of 2019-2029.

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The solar pumps market is likely to cross the one billion mark in 2019, and grow notably at a CAGR of ~12% during the forecast period of 2019-2029. This growth is significantly driven by significant reduction in prices of solar pumps, solar panels, and power systems, along with the cost-effective installation process.

South Asia to Offer New Lucrative Opportunities

South Asia is expected to show substantial upsurge in the solar pumps market owing to the high operating costs of diesel motors and non-reliable energy distribution in countries, such as India, Thailand, and Malaysia. The region accounts for a maximum number of villages, which are deprived of electricity and lag access to the grid electricity. India is expected to witness substantial growth in the solar pumps market, owing to the cost-effectiveness and operational efficiency of solar pumps. Moreover, solar pumps reduce irrigation and electrification costs. ASEAN countries are projected to hold a significant share in the solar pumps market, on the account of increasing focus on low carbon emission in these countries. Rapid inclination of aforementioned countries towards installations of solar pumps is creating further opportunities for the market players.

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Supportive Governmental Policies Propelling the Market Growth

The global solar pumps market has been segmented based on the product, capacity, applications, and regions, such as North America, Latin America, Europe, South Asia, East Asia, Oceania, and Middle East & Africa.

  • Government authorities and NGOs associated with the promotion of renewable energy have succeeded to offer greater support to solar pump buyers through banking and financial institutions to offset the market restraints of high capital cost.The organizations involved, are taking collective measures to facilitate the flow of funds into solar projects, aggregate the demand within countries, standardize asset-structuring across countries, and establish an ecosystem of financial instruments to mitigate some of the investment risks. Adding to this, the funds for research & development (R&D) are also rising, which will help commercialize models and make them available for larger public use. As a result, the solar pumps market is expected to grow notably during the forecast period.
  • The solar water pumps market in India and other developing countries is primarily driven by both national and state-level government schemes addressing irrigation and rural drinking water requirements.The government offers subsidy schemes to help individuals and organizations procure these solar energy systems at reduced capital cost, which is a major driver for the marker as the cost of installing solar pumps is relatively very high when compared to the capital required for installing conventional pumps. This, in turn, is expected to drive the solar pumps market during the forecast period.
  • Governments worldwide are actively encouraging the usage of solar pumps to replace diesel and electricity-based pumps to move away from non-renewable energy sources and reduce the carbon footprint, ultimately promoting climate change. Developing countries, such as India, China, Bangladesh, and Australia are expected to emerge as game changers owing to their emission pattern. This factor might lead to a positive impact on the solar pumps market growth.

Market Segmentation

By Capacity

  • Below 4 HP
  • 4-6 HP
  • 6-8 HP
  • Above 8 HP

By Product Type

  • Submersible
  • AC
  • DC
  • Surface
  • AC
  • DC

By Application

  • Farming
  • Irrigation
  • Livestock
  • Aquaculture
  • Residential
  • Building
  • Drinking
  • Commercial
  • Swimming Pool
  • Pond Management
  • National Parks
  • Industry Water Treatment

By Region

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • MEA

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Solar Pumps Market: Vendor Insights

The report highpoints some of the prominent market players, who have established themselves as global leaders in the solar pumps market. Few examples of key players in the market are KSB SE & Co. KGaA, Kirloskar Brothers Limited, Grundfos, Franklin Electric, BW Solar (Waterboy), Shakti Pumps (India) Ltd., Stanley Black & Decker, Inc.,  Glynncorp Electrical, and Bernt Lorentz GmbH & Co. KG, among others.The global solar pumps market is significantly prominent, by some players holding prominent shares of the market. Tier-1 players are focusing on mergers, acquisitions, and joint ventures with local market players and deploying advanced 4HP and 4HP-6HP solar pumps to achieve positive traction and healthy competitive edge over its competitors.

About Future Market Insights (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, and has delivery centers in the UK, 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.

Contact:
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries:
 press@futuremarketinsights.com
Website:
 https://www.futuremarketinsights.com/

Wood Pellet Market is projected to expand at a healthy CAGR of 8.7% during 2017–2027

Future Market Insights (FMI) delivers key insights on the wood pellet market in its latest report titled, ‘Global Wood Pellet Market: Global Industry Analysis and Opportunity Assessment, 2017–2027′. According to the report, the global wood pellet market is projected to expand at a healthy CAGR of 8.7% during the forecast period in terms of revenue.

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Wood pellets are defined as are biofuel made from compressed organic matter or biomass. These technologies use a wide range of materials such as forest & wood waste, agricultural residue, and other substances.

Factors such as increasing consumption of wood pellets, increasing health consciousness among consumers, high consumption of wood pellets for residential heating, growing demand for wood pellets for electricity generation, growing exports of wood pellets rapidly growing demand for domestic wood pellets and energy, and climate change are the factors that drive the market. Enterprises and individuals, nowadays, need products that are environmentally-friendly. Collaborations between suppliers and producers ensure a strong bonding and progressive activities, and enhance the development process. This demand has given rise to the increased production of wood pellets.

Government certification is a valuable tool to assure customers that the wood pellets are made from sustainably managed forests. Increasing certification criteria is the key restraining factor of the North American wood pellet market while exporting to other countries, where various rules mandate renewable energy production. The procurement policy of wood pellets is also one of the key restraining factors in the market here. The Sustainable Forestry Initiative and Forest Stewardship Council are the certification organizations in North America.

  • 19% of U.S. commercial forestland is certified by major U.S. standards.
  • According to the Wood Pellet Association of Canada, approx. 9% of the world’s forests are certified. Out of them, more than 40% forests are in Canada, which makes these forests as an ideal source of wood pellets.

On the basis of region, Western Europe is estimated to be the largest market for wood pellets, accounting for 72.6% value share of the global wood pellets market in 2017. The region continues to dominate the market, and is expected to continue to do so throughout the forecast period.

Eastern Europe exports most of its produced wood pellets to other countries such as Germany and the United Kingdom, where it requires certification for exports. Various industries are focusing on getting certified with DINplus and green energy certifications, which will help in exporting the produced wood pellets. The rapid rate of the production of wood pellets in countries like Poland, Czech Republic, and Slovakia is a major driving factor of the wood pellet market in Eastern Europe, owing to the high amount of exports to the other developed countries of Western Europe.

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On the basis of end use, the industrial pellets for co-firing segment is projected to exhibit a CAGR of 11.0% and and 9.1% in terms of market value and volume, respectively, during the forecast period. This is attributed to the increasing demand for wood pellets in a wide range of end-user applications.

The markets in APEJ, Western Europe, MEA, and Latin America are anticipated to contribute majorly to the global wood pellet market. The market in Western Europe is expected to account for 69.6% share in terms of value in the global wood pellet market, and be valued at US$ 14,694.6 Mn by 2027 end. The increasing demand for wood pellets for residential heating and energy and climate change in Western Europe is expected to fuel revenue growth of the market in the region. The market in Western Europe is estimated to be valued at US$ 6,686.2 Mn by 2017 end, and projected to expand at a CAGR of 8.2% during the forecast period.

Factors such as increasing consumption of wood pellets, increasing health health consciousness among consumers, high consumption of wood pellets for residential heating, growing demand for wood pellets for electricity generation, growing exports of wood pellets, growing demand for domestic wood pellets and energy, and climate change are expected to drive revenue growth of the global wood pellet market.

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Market segmentation

The global wood pellet market is segmented into seven key regions:

  • North America
  • Latin America
  • Eastern Europe
  • Western Europe
  • Asia Pacific Excluding Japan
  • Japan
  • Middle East and Africa

Feedstock type of wood pellet covered in the report are:

  • Forest and Wood Waste Resources
  • Agricultural Residue and Waste
  • Wood pellet based on other feedstock (energy crops, food waste, and virgin lumber)

The applications of wood pellet covered in the report are:

  • Free-standing Pellet Stove
  • Pellet Stove Inserts
  • Pellet Boilers

On the basis of end use, the global wood pellet market is categorized as:

  • Industrial Wood Pellet for CHP/District Heating
  • Industrial Wood Pellet for Co-firing
  • Wood Pellet for Heating Residential/Commercial
  • Others (horse bedding, absorbent)

Key market participants covered in the report include Drax Biomas Inc, Rentech, Inc, Enviva Partners, LP, German Pellets GmbH, Viridis Energy Inc, AS Graanul Invest, Pinnacle Renewable Energy Inc, Lignetics of Idaho, Inc, Zilkha Biomass Energy, LLC, and Energy Girvan Limited.

About Future Market Insights (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, and has delivery centers in the UK, 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.

Contact:
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries:
 press@futuremarketinsights.com
Website:
 https://www.futuremarketinsights.com/

Fiber Optic Test Equipment Market to grow at 6.8% CAGR through 2030 | EXFO Inc., Element Materials Technology, Viavi Solutions

Cost, performance, and reliability of equipment remain the top 3 expectations of fiber optic test equipment buyers, according to a survey conducted by Future Market Insights. The survey is part of the report that global fiber optic test equipment revenues to grow at 6.8% CAGR through 2030.

Fiber optic cables have become the heart of modern-day data telecom network infrastructure. Technologies are playing key role in several businesses today, as majority of end users accent for more secured, faster, and larger communication system for network operations.

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Fiber optics is leveraged on significant scales by various industries, and holds great potential going forward. As these network technologies continue to spread and user load continues to surge, development of standardized fiber optic test equipment has become increasingly crucial.

Key Findings

  • Adoption of optical spectrum analyzers and remote fiber test systems to surge
  • Stakeholders will continue to invest in handheld/portable equipment over the following decade
  • Sales to network equipment manufacturers and data centers will remain critical
  • US and Europe will remain lucrative, but opportunities in East Asian countries will be a key highlight

COVID-19 Impact on Fiber Optic Test Equipment Market

As majority of people are working from home and connecting with their acquaintances online to avoid COVID-19 contagion, the connected ecosystem offered by telecommunication industry is highly beneficial. Surging need to connect remotely with colleagues and companions has shored up network traffic.

This rapid transition has highlighted the importance to establish resilient infrastructure networks during and after the COVID-19 chapter that can overcome crisis-led demand upsurges as well as potential disasters – thus, accenting for fiber optic cables.

In addition, companies are co-deploying fiber optic cables along other passive infrastructure networks such as roads, highways, railways, and power networks. Such activities are setting the stage for fiber optic test equipment market.

 “As innovation in automated, multi-functional and cloud-centric equipment becomes palpable, optical communication technology that cable operators are equipped with is expected to see paradigm shifts in coming years. While certain testing procedures will regain their significance in fiber optic test equipment market, the way they are performed and their specific measurement areas are poised to undergo transformations,” says analyst at FMI.

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Competitive Landscape

The global market for fiber optic test equipment is moderately consolidated, as such, leading players are honing in on strategic mergers & acquisitions (M&A) to maintain their predominance in global landscape.

  • EXFO Inc. has taken over Astellia – which provides subscriber and network intelligence. With this acquisition, EXFO Inc. is looking to offer comprehensive fiber optic tester tools and network intelligence solutions to customers
  • Element Materials Technology has acquired PCTEST Engineering Laboratory Inc. with an aim to strengthen its position in testing and certification services domain in connected technologies industry
  • Corning has acquired all communication markets division of 3M Company in order to extend its reach to key growth regions, globally, and penetrate into in-building network market.
  • Viavi Solutions has collaborated with Ingram Micro (US) to distribute VIAVI test equipment in the US that are utilized for cable and fiber networks, and performance management solutions for business network infrastructure.

To Know More Fiber Optic Test Equipment Market:

A new market research report published by Future Market Insights (FMI) on the global fiber optic test equipment market report offers comprehensive insights into the market demand trends and analysis of opportunities over the forecast period, 2020-2030. The report examines the fiber optic test equipment market through four different segments –equipment type, components, end use and region. The fiber optic test equipment market report also provides extensive assessment of pricing by different key market dynamics, life cycle analysis, and technologies that are being deployed in the manufacturing of fiber optic test equipment and product adoption across several end-use industries.

Key Segment

Equipment Type

  • Optical Light Sources
  • Optical Power & Loss Meters
  • Remote Fiber Test Systems
  • Optical Time Domain Reflectometers
  • Optical Spectrum Analyzers
  • Other Test Equipment

Portability Type

  • Handheld/Portable
  • Bench-top

end use

  • Telecommunication Service Providers
  • Network Equipment Manufacturers
  • Data Centers
  • Cable Operator
  • Educational & Research Institutes
  • Others

Region

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

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Fiber Optic Test Equipment Market Outlook and Key Findings

  • Sales of fiber optic test equipment to reach around US$ 1.5 Bn in 2030
  • Optical time domain reflectometers (OTDR) to remain preferred equipment, given high demand for tier-2 certification criteria and rising spending on 4G/5G deployment
  • Increasing data usage rate coupled with network bandwidth expansion primary factors for use of fiber optic test equipment
  • Telecommunication service providers to remain primary end user through 2030
  • East Asia to outpace North America during the course of the forecast period

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.

Contact

Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com