Market Research Blog – Page 3153 – New Product Development

Global Inhaled Nitric Oxide Delivery Systems Market Inhales New Growth, Reaching US$ 735.7 Million by 2032

The global inhaled nitric oxide delivery systems market is on track for substantial growth, driven by the surging demand for iNO therapy in treating respiratory illnesses. According to a recent market analysis, was estimated to be worth around US$ 273.7 million. The market is anticipated to reach a value of approximately US$ 735.7 million by 2032, reflecting a projected Compound Annual Growth Rate (CAGR) of 9.5% from 2022 to 2032. This growth is fueled by the rising prevalence of respiratory diseases and the expanding adoption of iNO therapy.

“The inhaled nitric oxide delivery systems market offers a diverse array of devices and systems specifically designed to administer iNO therapy to patients,” says FMI, a leading expert in the field. “iNO, a versatile gas with extensive applications across various medical disciplines, plays a critical role in pulmonary and cardiovascular medicine.”

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Key Market Drivers:

Rising Prevalence of Infectious Diseases: The increasing incidence of infectious diseases like HIV, HPV, and Hepatitis is fueling the demand for effective diagnostic tools.
Growing Awareness and Early Diagnosis: Heightened public awareness about the importance of early diagnosis and prevention of infectious diseases is prompting individuals to seek diagnostic testing.
Government Support and Initiatives: Government initiatives and support for tackling infectious diseases and their economic burden are propelling market growth.
Technological Advancements: Continuous advancements in molecular diagnostic technologies, offering faster, more accurate, and point-of-care testing solutions, are creating new market opportunities.
Shift Towards Personalized Medicine: The growing trend towards personalized medicine, which tailors treatment plans to individual patients, is driving the demand for specialized diagnostic tools like molecular diagnostics.

Market Outlook:

The market witnessed a notable expansion between 2017 and 2021, with an 8.5% growth rate. This upward trend is expected to continue in the coming years, driven by the aforementioned factors. The increasing focus on improving healthcare infrastructure, particularly in developing nations, is also expected to contribute to the market’s growth potential.

Inhaled Nitric Oxide Delivery Systems Market: Competition Analysis

The FMI’s study presents a comprehensive analysis of global, regional, and country-level players active in the inhaled nitric oxide delivery systems market. Competitive information detailed in the inhaled nitric oxide delivery systems market report has been based on innovative product launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation of each market player. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the inhaled nitric oxide delivery systems market report.

Key players covered in the report include:

Mallinckrodt Pharmaceuticals
Getinge
Vero Biotech
LINDE
Beyond Air
SLE
NU MED
Bellerophon Therapeutics
Air Liquide Healthcare
Circassia Pharmaceuticals

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Important Questions Answered in the Inhaled Nitric Oxide Delivery Systems Market Report:

Which end user remains the top revenue contributor in different regional markets?
At what rate has the global inhaled nitric oxide delivery systems market been expanding during the forecast period?
How will the global inhaled nitric oxide delivery systems market look like by the end of the forecast period?
What innovative strategies are adopted by inhaled nitric oxide delivery systems market players to stay ahead of the pack?
What are the restraints affecting the growth of the global inhaled nitric oxide delivery systems market?

Inhaled Nitric Oxide Delivery Systems Market: Segmentation

Valuable information covered in the FMI’s inhaled nitric oxide delivery systems market report has been segregated into key segments and sub-segments.

Inhaled Nitric Oxide Delivery Systems Market by Type:

Pediatrics
Adult

Inhaled Nitric Oxide Delivery Systems Market by Application:

Hypoxic Respiratory Failure (HRF)
Acute Hypoxemic Respiratory Failure (AHRF)
Other Applications

Inhaled Nitric Oxide Delivery Systems Market by End User:

Hospitals
Ambulatory Centres
Clinics

Inhaled Nitric Oxide Delivery Systems Market by Product Type:

Disposables
System

Inhaled Nitric Oxide Delivery Systems Market by Region:

North America
Europe
Asia-Pacific (APAC)
Middle East and Africa (MEA)
Latin America

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About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Nandini Singh Sawlani

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Chlorine Compressors Industry Forecasts Significant 5.0% CAGR in Sales by 2033

The chlorine compressors industry is projected to be valued at US$ 73.7 million in 2023 and is expected to rise to US$ 120.2 million by 2033. The sales of chlorine compressors are expected to register a significant CAGR of 5.0% during the forecast period.

The chlorine compressors market is a crucial segment within the broader chemical industry, integral in various applications. These compressors are essential for handling and transporting chlorine gas efficiently and safely, contributing to the smooth functioning of several industries. The market has witnessed notable growth in recent years, driven by increasing demand from water treatment, chemical manufacturing, and wastewater management sectors.

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Key Drivers:

Growing Demand for Water Treatment: The demand for chlorine compressors has surged with rising concerns about water pollution and the need for effective water treatment solutions. These compressors are vital for disinfection processes in municipal water treatment plants and industrial facilities, ensuring the supply of safe and clean water.

Chemical Manufacturing Sector: The chemical industry’s continuous expansion has led to an increased requirement for chlorine gas, resulting in higher demand for chlorine compressors. These compressors facilitate the safe handling and transportation of chlorine, which is extensively used in manufacturing various chemical compounds.

Focus on Environmental Sustainability: Chlorine compressors are gaining prominence due to their role in sustainable practices. Companies across industries embrace eco-friendly solutions, and chlorine compressors offer a safe and efficient way of managing chlorine gas without significant environmental impacts.

Challenges:

Safety Concerns: Handling chlorine gas requires careful precautions due to its hazardous nature. Ensuring the safety of workers and the community during transportation and usage poses a challenge for manufacturers and end users.

Technological Advancements: The market’s growth depends on continuous compressor technology advancements to enhance efficiency, safety, and environmental sustainability. Companies need to invest in research and development to stay competitive and meet evolving industry standards.

The chlorine compressors market in the United States is projected to reach US$ 21 million by 2033, with a steady CAGR of 5.0%. The increasing demand for chlorine compressors in water treatment facilities, industrial processes, and various sectors is expanding.

The United Kingdom’s chlorine compressors market displays promising growth with an absolute dollar growth of US$ 1.6 million and a CAGR of 4.9% from 2023 to 2033. The increasing demand for chlorine compressors in water treatment projects and various industrial applications fuels the market’s positive outlook.

The chlorine compressors market in Japan shows promise, with a projected market size of US$ 17.3 million by 2033 and a steady CAGR of 4.9% from 2023 to 2033. The growing demand for chlorine compressors in water treatment applications and expanding industrial sectors is driving the market’s growth.

The liquid ring compressors segment leads the chlorine compressors market, exhibiting a projected CAGR of 4.9% from 2023 to 2033. Liquid ring compressors offer efficient and safe chlorine compression, making them preferred in chemical processing, water treatment, and wastewater management industries.

The water treatment segment is a key driver for the chlorine compressors market, with a projected CAGR of 4.8% from 2023 to 2033. Chlorine compressors play a crucial role in water treatment, ensuring safe drinking water by effectively disinfecting it.

Recent Developments

Gardner Denver introduced its new Ultima oil-free compressor line in August 2021, aiming to lower energy usage and increase efficiency.
GE Energy established a strategic agreement with Baker Hughes in November 2021 to create a new line of gas compression equipment for the oil and gas sector.

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Key Companies Profiled

Atlas Copco (Sweden)
Ingersoll Rand (Ireland)
Siemens AG (Germany)
Gardner Denver (USA)
GE Energy (USA)
Sulzer Ltd. (Switzerland)
Howden Group Ltd. (United Kingdom)
Hitachi Ltd. (Japan)
Kobe Steel Ltd. (Japan)
Elliott Group (USA)
Bauer Kompressoren (Germany)

Key Segments of the Chlorine Compressors Market

Product Type:

Liquid Ring Compressors
Centrifugal Compressors

Application:

Water Treatment
Pharmaceuticals
Chemicals
Others

By Region:

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Nandini Singh Sawlani

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Global Infectious Disease Molecular Diagnostics Market Poised for Continued Growth, Reaching US$ 53 Billion by 2032

The global infectious disease molecular diagnostics market is experiencing a surge in demand, driven by the need for faster and more accurate diagnoses. In 2022, the market reached an estimated value of US$ 35 billion, and this momentum is expected to continue. A projected healthy Compound Annual Growth Rate (CAGR) of 4.2% will see the market reach an estimated US$ 53 billion by 2032.

Traditionally, diagnosing infectious diseases involved time-consuming techniques like virus cultivation. However, the field is undergoing a revolution. Developers are harnessing advancements across various scientific disciplines to create innovative solutions. In this dynamic landscape, molecular diagnostics has emerged as a frontrunner, leading the way towards more efficient and accurate identification of infectious diseases.

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This highlights the significant growth potential within the infectious disease molecular diagnostics market, driven by:

Rising demand: The increasing prevalence of infectious diseases, coupled with growing awareness and improved healthcare infrastructure, are fueling the demand for reliable diagnostic tools.
Technological advancements: Continuous advancements in various scientific disciplines, including genomics and molecular biology, are paving the way for the development of novel and highly precise diagnostic techniques.
Shifting paradigms: The shift away from traditional, time-consuming methods towards faster and more accurate molecular diagnostics is creating a significant market opportunity.

This positive outlook indicates that the future of infectious disease diagnosis holds immense promise. As the market continues to evolve, we can expect to see even more innovative and effective molecular diagnostic solutions emerge, revolutionizing the way we identify and combat infectious diseases.

Infectious Diseases Molecular Diagnostics Market: Competition Analysis

The FMI’s study presents a comprehensive analysis of global, regional, and country-level players active in the Infectious Diseases Molecular Diagnostics market. Competitive information detailed in the Infectious Diseases Molecular Diagnostics market report has been based on innovative product launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation of each market player. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the Infectious Diseases Molecular Diagnostics market report.

Key players covered in the report include:

Abbott
Danaher Corporation
bioMérieux SA
F. Hoffmann-La Roche Ltd
Bio-Rad Laboratories, Inc.
Agilent Technologies, Inc.
Becton, Dickinson, and Company
Hologic, Inc. (Gen-Probe)
Illumina, Inc.
Grifols S.A.
Qiagen
Siemens Healthineers AG
Sysmex Corporation

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Infectious Diseases Molecular Diagnostics Market: Segmentation

Valuable information covered in the FMI’s Infectious Diseases Molecular Diagnostics market report has been segregated into key segments and sub-segments.

By Technology:

Polymerase chain reaction (PCR)
In Situ Hybridization
Isothermal Nucleic Acid Amplification Technology (INAAT)
Chips and Microarrays
Mass Spectrometry
Sequencing
Others

By Product Type:

Instruments
Reagents
Services

By End Use:

Hospitals
Clinics
Diagnostics Laboratories
Research Institutes

By Application:

Respiratory Diseases
Tuberculosis
Meningitis
Gastrointestinal Tract Infections
HPV
Sexually Transmitted Infections
Sepsis
Drug Resistance Diseases
Other Infectious Diseases

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Purified Phosphoric Acid Industry Forecasts 4.7% CAGR in Global Demand by 2033

According to Future Market Insights (FMI), the global purified phosphoric acid industry value is estimated to reach US$ 8,702.8 million in 2023. Over the forecast period from 2023 to 2033, global sales of purified phosphoric acid are likely to soar at 4.7% CAGR, taking the overall market size to US$ 13,782.4 million by 2033.

Demand remains particularly high for food-grade purified phosphoric acid due to rising usage in the thriving food & beverage sector. As per the latest analysis, food grade phosphoric acid segment holds around 37% share of the global market.

The purified phosphoric acid industry is witnessing significant growth, driven by rising demand from the pharmaceutical, and food and beverage sectors.

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The focus in the market is on producing and distributing high-quality purified phosphoric acid to meet the specific requirements of diverse sectors. Manufacturers are actively expanding their production capacities, with a particular emphasis on pharmaceutical-grade products, which offer greater profit margins.

Growing usage of purified phosphoric acid for making a wide range of pharmaceutical formulations are expected to boost the target market during the assessment period.

Purified phosphoric acid is being widely used as an API, excipient, acidulant, and buffering agent in the pharmaceutical sector. It enhances therapeutic properties and improves drug stability, solubility, and bioavailability.

Increasing spending on pharmaceutical products due to rising prevalence of chronic diseases and growing health awareness will positively impact purified phosphoric acid sales.

Rising popularity of purified phosphoric acid as an ideal preservative and acidulant in the food & beverage sector will further boost the market.

The growing demand for purified phosphoric acid in the electronic sector is driven by its vital role in producing semiconductors, PCBs, and electronic displays. Overall, the purified phosphoric acid market is poised for continued growth in the future

Key Takeaways from the Market Report:

The global market of purified phosphoric acid is projected to witness a CAGR of 7% through 2033.
By application, pharmaceutical segment dominates the global market with a share of around 28%.
By product type, food grade segment is anticipated to thrive at 8% CAGR during the forecast period.
East Asia and North America together hold around 60% of the global purified phosphoric acid industry.
The United States purified phosphoric acid industry is likely to witness steady growth during the projection period.
Purified phosphoric acid demand in China is likely to rise at a significant pace through 2033.

“Rising demand from pharmaceutical and food & beverage sectors, with a focus on producing high-quality products directly increases the consumption of purified phosphoric acid in the global market. Prominent manufacturers are expanding production capacity and updating product portfolio, with pharmaceutical grade products offering higher profit margins.” – says a lead analyst at FMI

Who is Winning?

The market is controlled by prominent manufacturers, with a market share ranging from 40% to 45% globally. These manufacturers of purified phosphoric acid are persistently investing in production capacity and updating their product portfolios. They also implement strategies such as agreements, partnerships, mergers, collaborations, and acquisitions to strengthen their market presence. For instance,

In 2022, Nutrien Ltd. and Innophos Holdings, Inc. entered into a three-year agreement for the supply of Purified Phosphoric Acid (PPA).

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More Insights into the Purified phosphoric Acid Market Report

In its latest report, Future Market Insights (FMI) offers an unbiased analysis of the global purified phosphoric acid market, providing historical data from 2018 to 2022 and forecast statistics for the period 2023 to 2033. To understand the global market potential, growth, and scope, the market is segmented based on product type, application, and region.

Key Companies Profiled

Nutrien Ltd.
The Mosaic Company
Ma’aden Wa’ad Al-Shamal Phosphate Company (MWSPC)
ICL Group Ltd.
Hubei Xingfa Chemicals Group Co., Ltd
Yara International ASA
OCP Group
Jordan Phosphates Mines Company
The Mosaic Company
OCI Co. Ltd.
PhosAgro
EuroChem Group

Global Purified Phosphoric Acid Market Segmentation

By Product Type:

Food Grade
Pharmaceutical Grade
Technical Grade

By Application:

Agrochemical
Animal Nutrition
Food & Beverage
Pharmaceutical
Chemical
Water Treatment
Others

By Region:

North America
Latin America
Western Europe
Eastern Europe
Central Asia
Russia & Belarus
Balkan & Baltics
East Asia
South Asia Pacific
Middle East Africa

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Nandini Singh Sawlani

App Analytics Market Projected for 19.7% CAGR, US$ 16,008.8 Million by 2033

The global app analytics market is experiencing an impressive surge, poised to reach the remarkable milestone of US$ 16,008.8 million with an anticipated CAGR of 19.7% until the year 2033. This substantial growth is indicative of the increasing significance and adoption of app analytics across various industries.

As businesses increasingly recognize the pivotal role of data-driven insights in optimizing user experiences and enhancing app performance, the demand for advanced analytics solutions is on the rise. The app analytics market’s robust trajectory is a testament to the transformative impact these tools have on decision-making processes, enabling companies to refine their strategies, improve user engagement, and stay competitive in the dynamic digital landscape.

The forecasted CAGR underscores the sustained momentum and promising future of the app analytics market as it continues to evolve and meet the evolving needs of businesses in the tech-driven era.

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Mobile analytics is being used by businesses to analyze and improve the performance of their mobile apps and services, as well as to measure and understand how users interact with their apps. Businesses are very keen on evaluating their user profiles, sales funnels, crash rates, demographics, app open rates, user retention, or any other data that is relevant to their business, including sliding away users, time spent on the app, or most common paths to an in-app purchase.

Since mobile analytics SDKs create a persistent and unique identifier for each device with the help of tools, they don’t rely on cookies to identify specific users. This will continue to drive the popularity of mobile app analytics in the market.

However, the shortage of skilled professionals and concerns regarding privacy and data protection in mobile apps is anticipated to impede industry expansion. The key market players’ recent initiatives, such as new product launches, alliances, and acquisitions, are anticipated to accelerate market expansion.

Key Takeaways from the App Analytics Market Report:

By type, the mobile app analytics segment is estimated to grow at a robust CAGR of 4% through 2032.
Based on application, marketing & advertising analytics segment is anticipated to grow at the highest CAGR of 3% between 2022 & 2032.
By industry, the retail & e-commerce segment is anticipated to grow at a CAGR of 6% between 2022 & 2032.
North American app analytics market is expected to reach a valuation of US$ 3,948.9 Million by 2032.
The U.S. app analytics market is slated to grow at a CAGR of around 4% through 2032.
In India, the app analytics market is expected to grow at a CAGR of 2% during the forecast period.

Growing Demand Across BFSI Sector to Boost App Analytics Market Growth:
The growing popularity of app analytics across various industry verticals such as BFSI, retail, travel and tourism, media and entertainment, etc. is majorly responsible for driving the growth of the app analytics market.

Business intelligence and data analytics technologies and solutions have consistently assisted banks and financial institutions in reflecting all the rules, remaining competitive, and meeting the digital expectations of today’s clients.

Financial organizations may make “smarter” decisions that are more profitable and efficient by using data analytics and business intelligence (BI) solutions. BFSI businesses must incorporate analytics into processes that trigger automated actions and more contextual, real-time decision-making.

Who is Winning?
Taplytics, Kochava, Adobe Systems Inc., IBM Corporation, Amazon.com, Inc., Google Inc., Yahoo Inc., Countly, Upland Software, Inc., Apptentive, Moengage, Mixpanel, Content Square SAS, TUNE Inc., Clever Tap, AppsFlyer, Amplitude, Appsee are some of the key players operating in the global app analytics market.

These leading providers are constantly focusing on introducing novel solutions for improving their customer base as well as increasing their revenue share. They are also collaborating with several industries to boost the adoption of their app analytics solutions.

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More Valuable Insights on the App Analytics Market:
Future Market Insight’s report on the app analytics industry research is segmented into four major sections – type (mobile app analytics, and web/desktop apps analytics), application (marketing & advertising analytics, revenue analytics, in-app performance analytics, and others), industry (BFSI, retail & e-commerce, media and entertainment, travel and tourism, IT & telecom, and others), and region (North America, Latin America, Europe, East Asia, South Asia & Pacific, and the Middle East & Africa), to help readers understand and evaluate lucrative opportunities in the app analytics demand outlook.

App Analytics Market Segmentation:

By Type:

Mobile App Analytics
Web/Desktop App Analytics

By Application:

Marketing & Advertising Analytics
Revenue Analytics
In-app Performance Analytics
Others

By Industry:

BFSI
Retail & E-commerce
Media & Entertainment
Travel and Tourism
IT & Telecom
Others

By Region:

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

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Non-Agriculture Smart Irrigation Controller Market Set to Surge with 13.1% CAGR, Eyeing US$ 1,227.5 Million by 2033

The non-agriculture smart irrigation controller market saw revenue of approximately US$320.5 million in 2022. Forecasts suggest significant growth, with sales expected to soar to around US$1,227.5 million by 2033, representing a robust 13.1% compound annual growth rate (CAGR) from 2023 to 2033.

Smart irrigation controllers, particularly those designed for non-agricultural purposes, hold a significant share of around 35% of the global market. These controllers are equipped with cloud connectivity, enabling them to utilize local weather forecasts and real-time data to efficiently manage water usage.

In the foreseeable future, the market for smart irrigation controllers is expected to experience remarkable growth. This growth is primarily driven by the increasing demand for advanced watering systems, intelligent irrigation solutions, and controllers that adapt to weather conditions.

Furthermore, the rising need for smart irrigation controllers in commercial settings, along with ongoing innovation in agricultural technologies, is paving the way for new opportunities and expansion in the market.

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Demand for non-agriculture smart irrigation controllers market is increasing due to cost-effectiveness and minimized water waste. These controllers also offer better long-term landscape health, an internet of Things (IoT)-based ecosystem for smart irrigation, and smart notifications in case of abnormalities.

Further, the better ability and advantages of non-agriculture smart irrigation controller products over traditional controllers are creating a conducive environment for the demand in the market.

These smart irrigation controllers also provide better product design and development, customization service, and restructuring of the supply chain for higher efficiency. This is expected to offer incremental growth opportunities for the key players.

Government initiatives for supporting water conservation are increasing the adoption of smart irrigation systems. Also, factors such as the need for efficient irrigation systems, the development of smart cities, and the reduced cost of sensors and controllers used in smart irrigation systems are expected to propel the demand for smart irrigation products.

Key Takeaways
• By type, the standalone irrigation controllers segment is anticipated to account for the leading share in the global demand for the non-agriculture smart irrigation controllers market during the forecast period.
• The smart irrigation sprinkler controllers segment is estimated to grow at a robust CAGR of 15.4% through 2031.
• By application, the adoption of non-agriculture smart irrigation controllers in the industrial segment is anticipated to increase at a CAGR of 13.9% between 2021 & 2031.
• India is expected to witness growth at a CAGR of around 22.0% through 2031.
• In Japan, sales are expected to increase at a CAGR of ~17.3% over the next ten years.

Innovation in Communication Methods to Have a Positive Impact on the Market

Connected technologies are becoming an integral part of smart deployments, and manufacturers are increasingly trying to integrate smartphone control functionality into their systems. Most of the smart home-based irrigation controllers are integrating functionalities that can enable them to communicate through smart home systems via voice, using smart assistant devices such as Amazon Alexa.

For instance, in March, 2018, Rain Bird launched Alexa-enabled controllers. Users are able to control their irrigation systems using the voice-activated personal assistant

There is continuous advancement in communication technologies which is creating potential opportunities for the non-agriculture smart irrigation controller market. It helps growers or residential users to access their irrigation systems remotely.

Advanced wireless sensors offer convenience, mobility, etc. and radio frequency technology in irrigation systems provides connectivity with wireless signal communication systems. These aforementioned factors are expected to provide an impetus to the demand in the market.

Leading Key Players:

The Toro Company
Hunter Industries
Scotts Miracle-Gro
Rain Bird Corporation
Skydrop, LLC
Mottech Water Solutions Ltd.
Holman Industries
FlyBird Farm Innovations Pvt. Ltd
Rachio Inc.
Weathermatic
HydroPoint Data Systems, Inc.
Galcon Ltd.
Banyan Water, Inc.
Netafim
Orbit Irrigation Products LLC
Nelson Irrigation Corporation

Non-Agriculture Smart Irrigation Controllers Industry Segmentation:

By Type:

Plug-in Irrigation Controllers
Standalone Irrigation Controllers Smart
Irrigation Sprinkler Controllers

By Application:

Industrial
Commercial
Residential

By Region:

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

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Telecom Analytics Market Trends Toward US$ 22.91 Billion by 2033 with 13.9% CAGR

The telecom analytics market is poised for substantial growth, with a targeted impressive CAGR of 13.9%, aiming for a remarkable US$ 22.91 Billion market by the year 2033. This projection reflects the escalating significance of telecom analytics in the dynamic landscape of telecommunications.

As the industry continues to evolve, the demand for insightful data-driven decision-making is driving the adoption of robust analytics solutions. Telecom analytics not only enhances operational efficiency but also plays a pivotal role in strategizing and optimizing business processes. The projected growth underscores the industry’s recognition of the transformative potential of analytics, paving the way for a future where data-driven insights become integral to the success of telecom enterprises.

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Market Opportunities:
The increasing demand for big data analytics in telecom industry businesses needs solutions that help them map future demand as telecom analytics can help companies analyze network patterns for millions and analyze service performance using business intelligence technologies such as 5G.

Key Takeaways from the Telecom Analytics Market Report:

The telecom analytics market is expected to generate significant revenue, projected to increase from US$ 6.21 billion in 2023 to US$ 22.91 billion by 2033.
The telecom analytics market is expected to grow steadily, with a CAGR of 13.9% from 2023 to 2033.
The North American market for telecom analytics is large and mature and accounts for a 30.1% share of the global market. This is due to the region’s strong telecom industry and the increasing adoption of cloud-based solutions and big data analytics.
The European market for telecom analytics is innovative and data-driven, accounting for a 21.7% share of the global market. This is due to the region’s focus on innovation and the increasing demand for data-driven decision-making.
The China market for telecom analytics is rapidly growing, accounting for a 17.8% share of the global market. This is due to the region’s rapid growth in mobile data traffic and the increasing adoption of 5G networks.
The Japan telecom analytics market is emerging, accounting for a 6.7% global market share. The market is expected to grow significantly in the coming years due to the region’s increasing investment in telecom infrastructure.

Competitors Winning Strategies:
Competitors in the telecom analytics market are focusing on the needs of their customers. With this, businesses get to know what customers exactly want. They provide comprehensive data collection, storage, analysis, and visualization solutions. They are trying to develop new solutions that meet the demands of telecom companies.

They are building partnerships with other companies to get more customers from new markets.

Oracle, IBM, SAP, Microsoft, Huawei, Cisco, Altitude Software, and Google Cloud are competitors in the telecom analytics market.

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Recent Developments:

SAP: SAP unveiled its new telecom analytics solution, SAP Customer Data Cloud for Telco. This service lets companies in telecom better understand their clients and customize their products.
Microsoft: Microsoft launched the wide release of its new telecom analytics product, Azure for Telecom. Azure for Telecom is a cloud-based platform offering telecom organizations the resources that they need to gather, store, and analyze data.
Huawei: Huawei introduced its recent telecom analytics platform, Huawei Analytics Platform for 5G. This tool allows telecom firms to improve their 5G networks and gather insights regarding 5G traffic.
Cisco: Cisco cooperated with Google Cloud to develop a unified solution for telecom analytics. This solution may combine Cisco’s proficiency with telecom networks and Google Cloud’s expertise in big data analytics.

Telecom Analytics Market Segmentation:

By Components:

Software
Services
Managed Services
- Professional Services

By Application:

Customer Management
Sales and Marketing Management
Risk and Compliance Management
Network Management
Workforce Management
Other Applications

By Deployment Mode:

On-premises
Cloud

By Organization Size:

Large enterprises
SMEs

By Region:

North America
Europe
Asia Pacific
The Middle East and Africa
Latin America

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Nandini Singh Sawlani

Global Automated Cell Biology Systems Market Poised for Explosive Growth, Reaching US$ 33.5 Billion by 2032, According to Future Market Insights

Future Market Insights, a leading market research firm, predicts a surge in the global automated cell biology systems market. Fueled by advancements in technology and a rising tide of laboratory automation, the market is poised for a remarkable Compound Annual Growth Rate (CAGR) of 9.0% over the next decade. This translates to a projected market valuation of a staggering US$ 33.5 Billion by 2032, up from the current estimate of US$ 14.1 Billion.

This phenomenal growth signifies a major transformation within the biotechnology sector. The widespread adoption of automated cell biology systems is revolutionizing research and production capabilities, paving the way for a new era of scientific discovery and innovation.

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Key Takeaways from the Report:

The global automated cell biology systems market is expected to reach US$ 33.5 Billion by 2032, growing at a CAGR of 9.0%.
This growth is driven by the increasing adoption of laboratory automation and the development of powerful new technologies and applications.
Automated cell biology systems are transforming the way research is conducted and production is carried out in the biotechnology sector.

“Rising Demand for Personalized Medicine, and Growth in Total Lab Automation Techniques will Propel Overall Market Growth,” Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.)

Key Drivers of Market Growth:

Rising demand for personalized medicine: Personalized medicine requires efficient and cost-effective cell manipulation techniques, which automated systems can offer.
Increased investments in cell biology research: Growing awareness of the potential of cell-based therapies and regenerative medicine is fueling research activities.
Technological advancements: Advancements in robotics, microfluidics, and artificial intelligence are leading to the development of more sophisticated and user-friendly automated systems.
Growing prevalence of chronic diseases: The increasing burden of chronic diseases like cancer and diabetes is driving the demand for novel therapeutic approaches, often involving cell-based therapies.

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Market Competition:

Automated cell biology system manufacturers have been substantially investing in research to offer long-term solutions for both the biopharmaceutical and packaging industries. Players in the automated cell biology systems market are also focusing on innovations and alliances to strengthen their market position.

For instance:

In September 2022, Thermo Fisher Scientific Inc. launched the Thermo Scientific™ DynaSpin™ Single-Use Centrifuge system.
Corning Incorporated introduced a reliable method for differentiating monocytes into dendritic cells in October 2019 with the introduction of Corning® MicroDEN, an automated perfusion cell culture system.

Key Companies Profiled:

Thermo Fisher Scientific
Corning Incorporated
Merck KGaA
Lonza
Sartorius AG
Hitachi. Ltd
Nanoentek
ChemoMetec
Danaher corporation
Agilent Technologies
Perkin Elmer (Nexcelom Bioscience LLC.)
F. Hoffmann-La Roche AG
SHIMADZU CORPORATION
Bio-Rad Laboratories
Miltenyi Biotec
Sinfonia Technology

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Key Market Segments Covered in Automated Cell Biology Systems Industry Research:

By Product:

Cell Culture Process Automatization Instrument or Robot (Multiple Function)
Automated Bioreactor (Single or Multiple Function)
Automated Cell Culture Media Exchange System (Single Function)
Automated Culture Media Analyzer (Single Function)
Automated Cell Wash-and-Concentrate System (Single Function)
Automated Cell Counter (Single Function)
Automated Fill And Finish System (Single Function)
Automated Cell Storage Equipment (Single Function)
Management Software

By Cell Culture:

Finite Cell Line Cultures
Infinite Cell Line Cultures

By Application:

Cell Therapy
Drug Development
Stem Cell Research
Regenerative Medicine

By End User:

Mega Pharmaceutical companies
Biopharmaceutical companies
CDMOs/CMOs
Research organizations
Academic institutes

By Region:

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

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Nandini Singh Sawlani

Mass Notification System in Healthcare Market: Anticipated Surge to US$ 3,326.5 Million by 2027 with 16.9% CAGR

The mass notification system in healthcare market is forecasted to reach US$ 1,521.5 Million in 2022, a valuation of US$ 3,326.5 Million by 2027, and exhibit a remarkable 16.9% CAGR between 2022 and 2027.

With advancements in wireless technology and increasing penetration of smart devices in healthcare associations, digital healthcare innovations are emerging and impacting clinical and business processes, according to FMI’s analysis. These improvements are creating potential growth opportunities for the mass notification system in the healthcare market.

This digital revolution is creating the need for a mass notification system in healthcare to deliver faster, safer, and more effective care for patients and for quick response time in case of emergencies. Moreover, with the emergence of IoT, providers of mass notification systems in healthcare are focusing on offering integrated solutions with IoT technologies and providing standalone systems.

As the healthcare sector continues to aggressively expand in developed and developing countries, it is expected that multiple opportunities will be created for key players in the mass notification system in the healthcare market in the near future.

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According to the report, the rise of IoT is also generating potential growth opportunities for service providers of mass notification systems in healthcare to integrate their solutions with IoT technologies in order to provide standalone systems. Moreover, the growing need for real-time communication solutions for enhanced communication services is also one of the major factors boosting the growth of the mass notification system in the healthcare market.

Target of Operational Expansion in Western Europe and Asia Pacific

Providers of mass notification system in healthcare are continuously focusing on increasing their businesses across countries in Western Europe and Asia Pacific such as Germany, U.K., India, and China. The implementation of various regulations in the healthcare sector of these countries is creating potential growth opportunities for the mass notification system in the healthcare market.

Furthermore, continuous increases in healthcare spending along with robust economic growth of these countries are propelling the growth of the mass notification system in the healthcare market.

For instance, according to the Economic Intelligence Unit, healthcare spending in Western Europe and the Asia Pacific is expected to increase with a CAGR of ~5% and ~6% respectively.

Increasing Demand for Real-time Communication System

Most healthcare organizations are majorly focusing on real-time communication systems to provide instant and secure messages which is creating potential growth opportunities for the mass notification system in the healthcare market.

Moreover, various healthcare organizations are ready to invest in advanced technologies such as distributed-recipient mass notification systems, which are expected to be one of the key growth opportunities for providers of mass notification systems in healthcare platforms.

Advancement in IT Systems and Healthcare Technologies

Rapid advancements in IT systems and healthcare technologies play an important role in fueling the growth of the mass notification system in the healthcare market. With the rapid development of mobile health technology to improve the patient care experience and care team communication, the adoption of mass notification systems in healthcare is increasing.

Furthermore, increasing use cases of mass notification systems in healthcare is amplifying the competition and resulting in product developments and differentiation strategies by providers of mass notification systems in the healthcare sector.

Leading Key Players:

Eaton Corporation
Honeywell International Inc.
Siemens AG
AtHoc, Inc.–(BlackBerry Limited)
Everbridge, Inc.
ONSOLVE, LLC
Singlewire Software, LLC
Desktop Alert, Inc.
Mircom Group of Companies
Alert Media Inc.
Spok, Inc.

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Mass Notification System in Healthcare Market Outlook by Category:

By Product Type:

In-building Mass Notification System
Outdoor Mass Notification System
Distributed or Hybrid Mass Notification System

By End-User:

Hospitals
Clinics
Nursing Home
Long Term Care
Ambulatory Surgical Centers (ASC’s)

By Region:

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

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Nandini Singh Sawlani

Cycling Power Meter Market Soars to US$ 647.4 million by 2033

The global cycling power meter market was anticipated at US$ 390.6 million in 2022. The sector is gaining pace as companies provide technologically improved cycling power meters with various integrated technologies. As of 2033, the market is expected to garner a valuation of US$ 647.4 million in 2033, recording a CAGR of 4.7% from 2023 to 2033. The market is likely to secure US$ 410.5 million in 2023.

The market is anticipated to grow at a stationary CAGR over the forecast period. Increased per capita disposable income, and growing fitness awareness among the population globally. Also, the increased penetration of small AI-powered devices in domestic lifestyles has created opportunities for market growth.

With the increase in the adoption of cycling power meters, there is an increase in the use of bicycles with power meters by health-conscious people. Many people are indulging in physical activities and regular exercise this has led to an increase in the bicycle market which in turn is expected to boost the sales of cycling power meters. Also, the rising fuel prices and increased rate of pollution in many countries, drive the sales of cycling power meters.

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Key Takeaways from the Market Study

From 2018 to 2022, the market demand expanded at a CAGR of 6.3%
Based on the application, the sports bicycle segment accounts for a CAGR of 5.4
By mounting type, the crank arm-based segment is expected to expand at a CAGR of 5.2% during the forecast period
North America to emerge as a promising market, capturing a CAGR of 4.5%
Asia Pacific to be an opportunistic market, expected to capture a CAGR of 4.6% during the forecast period.

Competitive Landscape

Prominent players in the cycling power meter market are 4iiii Innovations, Inc.; Favero Electronics Srl; Garmin Ltd.; Pioneer Corporation; Power2Max GmbH., among others.

Leading players operating in the global cycling power meter market are focusing on intensive research and development for launching innovative products and services in the market.

Product innovation is the key strategy adopted by market players. Brand consciousness and aggressive marketing by top players however make it challenging for new entrants in this market.

The market players are also emphasizing offering cycling power meters with highly improved accuracy and reliability. The market is benefiting from partnerships with a high focus on innovation.

Favero Electronics Srl introduced – “Axiom DUO-Shi” which is the power meter with a power sensor on both sides compatible with Shimano. Assioma DUO-Shi is compatible with the following Shimano ^®pedal bodies: PD-R8000, PD-R7000, PD-6800, PD-R550, and PD-R540.
Germin introduced the dual-sensing power meter Rally RS200. Rally RS200 is tested to the extreme. This dual-sensing power meter pedal delivers reliable power measurements and is easy to transfer between bikes These metrics help to tailor training around specific weaknesses and strengths and help to improve
4iii – Provider of wearables to improve cycling sports performance. The company designs, develops, and engineers wearables that provide live feedback to sportsman and help improve their performance. Currently, the 3 wearable products include Sportiiii – a performance monitor, Viiiiva – a heart rate monitor, and Cliiiimb – a power meter.

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