Market Research Blog – Page 3330 – New Product Development

Clean Label Flour Market Surges with 7.0% CAGR, Expected to Reach US$ 5.9 Billion by 2033 as Demand Soars for Health-Conscious, Organic Ingredients

The clean label flour market is expected to thrive at a CAGR of 7.0% between 2023 and 2033. The market is anticipated to cross a valuation of US$ 5.9 billion by 2033, while it is likely to be valued at US$ 3.7 billion in 2023.

The rising demand for organic raw food materials along with the wide range of applications like clean label baking are flourishing the demand for clean label flour. Furthermore, gluten-free applications are also gaining traction in the market

The thickening and stabilizing usage of clean label flour in different food items and soups and purees also make it the first choice for the users.

Its application as an emulsifying and bonding agent increases its utility in FMCG and confectionery clean-label flour gels well with bakeries that ensure 100% organic and no artificial preservatives, colors, or flavors. This way, it garners growth for other clean label food products.

The clean-label flour vendors customize the product for different applications such as texturing. The rising demand for sugar-reduced dough that holds a controlled structure is heavily contributing to the clean label flour market.

The increased trend of adopting minimally processed ingredients that are healthy, simple, and more familiar is gaining traction for all clean label ingredients. Though the high clean label flour price might limit the market growth.

Unlock Growth Potential in Your Industry – Get Your Sample Report Now: https://www.futuremarketinsights.com/reports/sample/rep-gb-9551

Key Points

The United States market is likely to lead the clean label flour market in terms of market share and CAGR. The market is expected to thrive at a CAGR of 6.5% between 2023 and 2033. The market growth is attributed to the rapidly growing baking industry along with the high demand for healthier food materials. The regional market is likely to cross a value of US$ 875.0 million by 2033.
The Spanish clean label flour market is another significant one. The regional growth is attributed to the higher tourist footfall with famous bakery-based outlets like pizza café and restaurants all around the place. The regional market is anticipated to thrive at a CAGR of 5.9% during the forecast period, while it is expected to hold a value of US$ 315.0 million by 2033.
The wheat segment is likely to thrive in the product type category as it is expected to record a CAGR of 4.0% during the forecast period. The growth is attributed to factors like enhanced texturing, while being highly consumed in some parts of the world.
The bakery segment is expected to top the application type category as it is anticipated to register a CAGR of 6.3% between 2023 and 2033. Consumers demanding organic and clean label food products in their bakery food items are contributing to the segment’s growth.

Level Up Your Market Understanding – Buy Now: https://www.futuremarketinsights.com/checkout/9551

Competitive Landscape

The key market players work on the customization process to make the product healthy and application-specific. Key players also focus on keeping organic and healthy elements high in their clean-label products. Key competitors also merge, acquire, and partner with other companies to increase their supply chain, and distribution channel. The key players in the market are Ardent Mills, Ingredion Incorporated, Arrowhead Mills, Groupe Limagrain, Codrico Rotterdam B.V., Siemer Specialty Ingredients, Kerry Group, Cargill, Inc., Grain Craft, Inc., Hodgson Mill, and Wheat Montana Farms.

Recent Market Developments

Ardent mills have introduced its simply milled all-purpose flour that is organic and can be used for different food applications. The company addressed the food safety questions through its safeguard flour and safeguard treatment delivery system.
Ingredion Incorporated has added new functional flour for different applications. These include pulse flour, rice flour, and tapioca flour. While pulse flours are protein-rich, gluten-free flours, rice flours are natural and organic.

Embrace Smarter Choices With Our Methodology-Derived Insights: https://www.futuremarketinsights.com/request-report-methodology/rep-gb-9551

Key Segments

Product :

Wheat
Corn
Rice
Coconut
Rye
Others

Application:

Bakery Products
Pasta and Noodles
Baby Foods
Soups
Sauces
Gravies

End User:

Food Industry
HoReCa / Foodservice
Retail Sales

Sales Channel:

Direct Sales/B2B
Indirect Sales/B2C
- Hypermarkets /Supermarkets
- Convenience Stores
- Mass Grocery Retailers
- Food and Drink Specialty Stores
Online Retailing

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
LinkedIn| Twitter| Blogs | YouTube

Sodium Malate Market Soars to US$ 898.6 Million by 2033: Growth Driven by Cosmetics, Food Additives, and Beverage Industries

According to estimates, sodium malate sales worldwide are expected to reach US$ 611 million by 2023. In a detailed industry analysis, the global sodium malate market is projected to record a CAGR of 4.0% and reach US$ 898.6 million by 2033.

To meet the increasing demand for beverage consumption, prominent market competitors are developing products containing hydroxybutyrate dioic acid and disodium salt. Fruit juices, distilled spirits, and smoothies are among the key drivers of market growth among young people worldwide.

Due to an increase in health consciousness and a desire for low-calorie drinks, several firms are developing innovative brands. This has led to an increase in the use of sodium malate in soft drinks. Furthermore, the market has been driven by an increase in demand for sodium malate in cosmetics.

Stringent government regulations regarding the use of sodium malate as a humectant in cosmetics are boosting the market growth. In the food industry, sodium malate is used as a food additive that enhances flavors as well as regulates pH levels, leading to a further increase in the overall market development of sodium malate between 2023 and 2033.

Unlock Growth Potential in Your Industry – Get Your Sample Report Now: https://www.futuremarketinsights.com/reports/sample/rep-gb-9853

“The increase in sodium malate uses, particularly monosodium malate, as food additives in a variety of food products such as bakery and confectionery, flavored soft drinks, and meat products are propelling the market growth.” –Nandini Roy Choudhury, Client Partner at Future Market Insights

Key Takeaways from Market Study

The sodium malate market is expected to record a CAGR of 4.0% over the forecast period.
It is estimated that the sodium malate market in the Asia Pacific may remain strong during the forecast period.
The monosodium malate segment accounted for the highest product share of the sodium malate market with a CAGR of 3.8%.
The food and beverage segment has the highest revenue share in 2023 and is expected to rise at a CAGR of 3.9% between 2023 and 2033.
It is expected that the market in the United States demonstrates a high level of growth by the year 2033.

Level Up Your Market Understanding – Buy Now: https://www.futuremarketinsights.com/checkout/9853

Competitive Landscape:

Leading players in the market focus on a variety of market consolidation activities, including mergers, acquisitions, supply distribution partnerships, and product launches. In order to stay ahead of the curve, manufacturers must expand their market footprint and offer solutions to their customers. A variety of end users can now choose from a wide range of customized solutions offered by leading manufacturers.

Several prominent companies dominate this market, including Sigma-Aldrich Corporation, Avantor Inc., Dr.Paul Lohmann Gmbh KG, Carbosynth Ltd, Tokyo Chemical Industry Co Ltd, BOC Sciences, MP Biomedicals LLC, Muby Chemicals, Penta Manufacturing Company, and others.

Recent Developments:

Febreze, a brand of domestic odor eliminators made by Procter & Gamble, homes can be kept fresh with air-care products. These products contain sodium malate and sodium citrate as active components. Fabreze’s Air Effects is a distinctive air spray that eliminates odors and freshens the air with its unique scent.
A line of lipsticks by Armani Beauty dubbed Beauty’s Lip Maestro contained diisostearyl malate, a safer alternative to sodium malate. Diisostearyl malate is a type of ester that prevents water loss and provides a smooth and creamy texture, making it an ideal ingredient for lip products.

Embrace Smarter Choices With Our Methodology-Derived Insights: https://www.futuremarketinsights.com/request-report-methodology/rep-gb-9853

Market Segmentation by Category

By Product:

Monosodium Malate
Disodium Malate

By End Use:

Cosmetic & Personal Care
Food & Beverage
Animal Feed
Others

By Region:

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

About Future Market Insights (FMI)

Fish Protein Concentrate Market Set to Surge with 6.9% CAGR: Opportunities Abound in Food and Beauty Industries

The global fish protein concentrate market is to hit US$ 240.3 million in 2033, up from an assessed US$ 122.5 million in 2023, at a CAGR of 6.9% from 2023 to 2033.

The escalating intake of fish protein powder to satisfy diet needs and nutrition is predicted to spur more innovation in the business. The increased downward pricing pressure is projected to level the playing field in the near future, as the fish protein concentrate market prepares to bring in new fish protein concentrate manufacturers to capitalize on untouched opportunities.

Fish Protein Concentrate Demand is Booming Owing to the Accelerating Intake of High-Protein Diets

Consumer acceptance of high-protein food products is what drives the market. Food producers are shifting their focus to creating foods with high nutritional value. The most advantageous and in-demand nutrient among the others is protein.

The useful qualities of fish protein concentrate meet the requirement for high protein content in food products and provide protection from protein deficit. The global market may benefit from the rising fish protein concentrate demand for sports nutrition.

One of the principal elements restricting the global fish protein powder market is the availability of replacements for fish protein powder protein. The global fish protein concentrate market is facing some significant challenges as a result of the exponentially growing trend toward plant-based foods.

Unlock Growth Potential in Your Industry – Get Your Sample Report Now: https://www.futuremarketinsights.com/reports/sample/rep-gb-8037

Regional Outlook of the Global Market

Due to an increase in the consumption of high-protein diets in the region, North America is leading the global fish protein powder market by having the foremost value share. Nonetheless, the highly developed food and beverage industries in Europe and North America are a crucial factor in their considerable value share in the fish protein concentrate market.

Due to rising food consumption and the growing non-vegetarian population, South and East Asia are showing a quick development in the global fish protein concentrate end users market.

Key Takeaways

From 2023 to 2033, the type C section in the type category may develop at a CAGR of 6.8%.
Between 2023 and 2033, the Monosodium Malate segment in the form category is to rise at a CAGR of 6.9%.
From 2023 to 2033, the end-use category’s Food and Beverage section may blossom at a CAGR of 7.2%.
By 2033, the United States fish protein concentrate market is to advance at a CAGR of 7.1% and reach US$112.6 million.
By 2033, the market in the United Kingdom may have secured a CAGR of 7.1% and be worth $5.9 million.
By 2033, Germany market may have expanded at a CAGR of 7.1% and be valued at US$19.22 million.
China fish protein concentrate market is to develop at a CAGR of 7.6% and reach US$ 25.9 million by 2033.
Spain market is to develop at a CAGR of 7.0% and reach US$ 10.33 million by 2033.

Embrace Smarter Choices With Our Methodology-Derived Insights: https://www.futuremarketinsights.com/request-report-methodology/rep-gb-8037

Potential Market Prospects for Fish Protein Concentrate

The majorities of fish protein concentrate manufacturers concentrate on joint ventures, stable distribution of partnerships, and targeted international acquisitions, which have resulted in a much-consolidated picture for the global market.

The growth of the global market depends on research and innovation significantly. Key breakthroughs in fish output over the past few years have been a result of significant advances in fish capture, storage, and transportation.

Few of the leading manufacturers operating in the fish protein concentrate market are Colpex Internacional S.A.C, Pacific Bio Products, Ingredients Inc., Advance International, Inc., Omega Protein Corporation, Mukka Proteins Limited, NutriFish 1000, Apelsa Guadalajara, Danone, TRIDENT SEAFOODS., New Alliance Dye Chem Pvt. Ltd., Triplenine Group and among others.

Level Up Your Market Understanding – Buy Now: https://www.futuremarketinsights.com/checkout/8037

Large Economic Strategy Innovations

Janatha Fish Meal & Oil Products has gained ISO 22000:2005, Ecocert (NPOP, NOP, EC), Halal, and European Union approval.
Incontech PTE Ltd. launched a tri-peptide collagen supplement in the form of jelly packets in Singapore in August 2019 to provide consumers with simple and efficient products. It may help the corporation increase its consumer base throughout Asia Pacific.
To extend its product line, New Alliance Dye Chem Pvt. Ltd. has been focusing on research and development.

Key Segments

By Type:

Type A
Type B
Type C

By Form:

Powder
Liquid

By End-Use:

Food & Beverages
Sports Nutrition & Dietary Supplement
Cosmetic & Personal Care
Pharmaceuticals
Others

About Future Market Insights (FMI)

Exploring Growth Opportunities: Fusion Beverage Market Set to Reach US$ 11.5 Billion by 2032 with Focus on Sustainability

The global fusion beverage market is predicted to be worth USD 6.6 billion In 2022, and with a CAGR of 6.0%, it is expected to reach USD 11.5 billion by 2032.

Manufacturers in the fusion beverage business are striving for more sustainable and environmentally friendly packaging options that are not only beneficial for the environment but also profitable.

While keeping a healthy lifestyle, the new-age client wants to sample new flavors in their foods and beverages. In this context, fusion beverages have cleverly carved out niches on consumer wish lists, and the growing hunger for functional beverages will increase their use in the coming years. To keep up with changing market trends, fusion beverage companies will be under pressure to develop a culture of continuous innovation. People now have easy access to fusion beverages thanks to an unprecedented increase in the number of convenience stores, malls, supermarkets, and hypermarkets which will assist the growth of the fusion beverage market.

Unlock Growth Potential in Your Industry – Get Your Sample Report Now: https://www.futuremarketinsights.com/reports/sample/rep-gb-1824

Key takeaways:

The fusion beverage market in Europe and North America has a lot of potentials since they are expected to account for about 51% of the market by 2022.
Fusion beverages are projected to discover new prospects in 2022 and beyond as consumers demand beverages that provide ‘multi-sensory’ experiences which fusion beverages fulfill.
Manufacturers are developing product concepts that include nectars, juices, smoothies, and fruit splashes, which not only impress customers with their naturally fresh flavor but also inspire healthy and innovative product positioning.
Due to Covid’s travel restrictions, online markets have made fusion market products increasingly accessible. Pubs and bars are becoming more popular as the young population becomes more interested in nightlife. Because fusion drinks are a key product provided in these establishments, the industry appears to be highly promising in the future.

“Various trends like hyped online market after covid, Healthy lifestyle, demand for tasty and flavorful experience in the beverage and increasing trend for sports and fitness can prove to be major driving factors for the growing fusion beverage market,” Nandini Roy Choudhury, Client Partner at Future Market Insights

Embrace Smarter Choices With Our Methodology-Derived Insights: https://www.futuremarketinsights.com/request-report-methodology/rep-gb-1824Competitive landscape:

The fusion beverage market is expected to have promising growth attributed to the rising demand in youth and increase in demand for healthy beverage alternative that provides a taste experience to consumers. Companies opting for sustainable practices and research to improve the quality and taste of fusion beverage is estimated to give a significant boost to the growth of this segment.

BIOTA, for example, employs biodegradable bottles that are both environmentally beneficial and biodegradable. Coca-cola is also committed to environmental stewardship, recycling or refilling around 60% of its packaging.
Low sugar/no sugar fusion beverages such as Coke No Sugar, Reed’s Zero Sugar Real Ginger Ale, Bubly Sparkling Water (Cherry), and Zevia Zero Calorie Soda Cola are among the many low sugar/no sugar fusion beverages that allow for a sugar reduction of up to 100%, giving the fusion beverage market a boost.

Level Up Your Market Understanding – Buy Now: https://www.futuremarketinsights.com/checkout/1824

Fusion Beverage Market Segmentation

By Product Type:

Fused coffee and tea
Carbonated Drinks
Fusion alcoholic Beverage
Fruit Juice
Energy and Sports Drinks
Others

By Distribution Channel:

Off-Trade
- Grocers
- Hypermarkets
- Discounters
- Online stores
- Highly specialized retailers
- Alcohol, confectionery, and Off-license stores
- Supermarkets
- Petrol stations
On-Trade
- Bars, Pubs, and cafeterias
- Restaurants
- Hotels and resorts
- Temporary retail points, mass events
- Clubs, discos

By Regions:

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

About Future Market Insights (FMI)

Silk Protein Market Forecast: Growth at 5.9% CAGR to Reach US$ 1.1 Billion by 2032, Promising Investment Opportunity in Cosmetics and Skincare

According to a recent report by Future Market Insights, a market research and competitive intelligence provider, In 2022, the silk protein market is expected to be worth USD 0.6 billion. It is expected to increase at a 5.9% compound annual growth rate (CAGR) through 2032.

Silk protein is used in eye cosmetics and eye drops to make them free of toxic chemicals that cause eye discomfort and hair loss in the lashes and eyebrows. Silk protein, which can be found in mascara, brow makeup, and eye drops, could be a solution to these issues.

These products will help consumers maintain a suitable volume of hair while also adding to their appearance because they promote hair development.

Similarly, these are used to manufacture moisturisers, facial toners, face masks, soap, body wash, and a variety of other products that help the skin fight early ageing and hydrate it to make it look shinier, younger, and more beautiful.

Unlock Growth Potential in Your Industry – Get Your Sample Report Now: https://www.futuremarketinsights.com/reports/sample/rep-gb-7299

The need for silk protein in industries such as cosmetics & personal care, textiles, pharmaceuticals, and nutraceuticals is propelling the worldwide silk protein market forward. Silk protein’s oligopeptides and other helpful components, such as amino acids, are rapidly being adopted in the production of beauty goods such as body lotion, shampoo, lotions, and serum.

The market for silk protein is growing due to increased research into two silk types, Sericin and Fibroin, for their potential use in the pharmaceutical industry. However, the high price of silk protein, which is a result of the high cost of silk manufacturing, could be a major stumbling block to the worldwide expansion of the silk protein market.

Embrace Smarter Choices With Our Methodology-Derived Insights: https://www.futuremarketinsights.com/request-report-methodology/rep-gb-7299

Key Takeaways from Market Study

Europe is the most important region in the silk protein market, accounting for 25.7 percent of the global market. In comparison to other European countries, Poland is likely to provide a relatively large part of the silk protein market.
The global silk protein market is a market with a moderate level of competition. Tier-1 players control approximately 35 percent to 40 percent of the market.
Manufacturers are concentrating on certain techniques, such as acquiring small businesses that have long been active in the silk protein sector. These acquisitions can help them expand their regional and local markets, as well as gain consumer trust.
Manufacturers are also expanding their market presence by introducing new silk protein-based goods. In a nutshell, they aim to attract customers by offering unique and rich items made from natural elements or ingredients.

“Collaborations, mergers and acquisitions, product and technology innovation, and investment in R&D are just a few of the key growth strategies being used by major market players in the global silk protein market.” Nandini Roy Choudhury, Client Partner at Future Market Insights

Who is Winning?

Haircare, toiletry, skincare, lip care, colour cosmetics, and pharmaceuticals are just a few of the potential uses for silk protein. The expanding use in haircare products is projected to result in higher market share, while skincare adoption continues to account for comparatively large sales.

For example, Swisse Wellness, a well-known Australian personal care, vitamin, and supplement firm, released a line of jelly supplements in the United States in 2019. Cera-Q, a silk protein hydrolysate proven to promote cognitive capabilities, is used in the company’s “attention boost jelly,” which is claimed to support brain function and memory.

Some of the leading companies offering silk protein are SilkTech Biopharmaceuticals Huzhou Aotesi Biochemical Huzhou Xintiansi Bio-tech Co., Ltd. Kraig Biocraft Laboratories, Inc. (Trading Symbol: KBLB) Evolved by Nature (previously Silk Inc.) Bolt Threads AMSilk GmbH Universal Preserv-A-Chem Inc., Proteina, and SUBONEYO CHEMICALS PHARMACEUTICALS PRIVATE LIMITED.

Level Up Your Market Understanding – Buy Now: https://www.futuremarketinsights.com/checkout/7299

Key Segment

By Product:

Sericin
Fibroin

By Form:

Powder
Oil

By Application:

Haircare
- Shampoo
- Conditioner
Skincare
- Cleanser
- Mask and Peels
- Moisturizer
- Serum
- Facial toners
Eye Care
- Eye Cream
- Mascara
- Nutritive products for Brow and Lash
Color cosmetics
Lip Care
- Lip Balm
- Lipstick
Toiletry
- Bath Gels
- Shave Preparations
- Liquid Hand Soaps
- Soap Bars
- Body Wash
Pharm and Nutraceuticals

By Region:

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

About Future Market Insights (FMI)

Watercraft Accessories Market Set for Growth: To Reach US$ 13.1 Billion by 2033

According to forecasts, the watercraft accessories market is expected to be US$ 7,266.9 million in 2023 and US$ 13.1 Billion by 2033.

According to FMI, the watercraft accessories business in China is expected to grow at a CAGR of 6.3% between 2023 and 2033. The demand for watercraft accessories is predicted to be strong throughout the forecast period due to the thriving shipping sector, the huge presence of key market players, and the increasing usage of boating accessories such as life jackets during maritime activities.

Request our market overview sample:
https://www.futuremarketinsights.com/reports/sample/rep-gb-5161

China, the world’s second-largest economy, transports more than 60% of its trade value via waterways. The growing maritime commerce is leading in demand for watercraft accessories such as tow ropes, dock lines, boat fenders, and other accessories, consequently supporting the expansion of the business.

Key Takeaways

By 2033, the watercraft accessories market in the United Kingdom is likely to expand, with a CAGR of 5.8%.
In 2023, the United States is likely to develop the watercraft accessories business with a share of 21.6%.
The watercraft accessories market grew considerably to US$ 6,901.1 million in 2022.
The watercraft accessories sector expanded at a CAGR of 5.3% from 2018 to 2022.
By 2033, China’s watercraft accessories market is projected to develop with a CAGR of 6.3%.
By 2033, India’s mountain and ski resort industry is projected to expand with a CAGR of 6%.
Japan’s watercraft accessories industry is expected to grow significantly, with an 8.5% share in 2023.
Australia’s watercraft accessories are likely to expand with a CAGR of 0.2% in 2023.
Germany’s watercraft accessories business is likely to grow, with a share of 7.9% in 2023.
In 2023, the life vest segment is likely to dominate the market, with a share of 32.5%, based on the type.
In 2023, the coastal tourism and shipping segment is expected to dominate the market, with a share of 27.9%, based on the application.

Explore In-Depth Market Analysis: Purchase Now to Access Segment-specific Details, Uncover Crucial Trends, Drivers, and Challenges:
https://www.futuremarketinsights.com/checkout/5161

Competitors Winning Strategies

Several key manufacturers are working to increase their regional market share and participate in local markets directly by growing their dealer network. They are working with regional distributors to distribute their goods internationally. To achieve a competitive edge in the market, industry actors concentrate on comprehending customer wants, investing in research and development, and forming strategic alliances.

Key Players

Yamaha Motor Corporation
WireCo
Bombardier Recreational Products Inc.
IRM Offshore and Marine Engineers Private Limited.
Covercraft Industries LLC
BEXCO NV
Kawasaki Motors Corp.
AXIOM CORDAGES LIMITED
Samson Rope Technologies
TEUFELBERGER
DAN-FENDER
Garware Technical Fibers Ltd.
EVOLUTION TRADING (SHANGHAI)CO.LTD
SHEICO Group
ABSOLUTE OUTDOOR, INC.
Manson Anchors Limited
Attwood Corporation
Gottifredi Maffioli S.r.l.
Gleistein GmbH
Greenfield Products Inc

Request Report Methodology:
https://www.futuremarketinsights.com/request-report-methodology/rep-gb-5161

Recent Development:

A new line of life vests was introduced by Sea-Doo in 2022 in an effort to attract more customers.
In June 2021, Kawasaki announced the introduction of the prestigious Jet Ski® STX® 160 series, the Kawasaki Jet Ski® SX-RTM 160 four-stroke stand-up personal watercraft, and the premium Jet Ski Ultra® 310 series.
The boat engines for BRP were completely reevaluated, reconstructed, and refurbished in August 2022. The new Rotax Outboard Engine with Stealth Technology’s 115 and 150-horsepower models are the first to be made available.

Key Segments

By Type:

Life Vest
Tow Ropes
Boat Dock Line & Storage
Boat Fenders
Boat Cover
Others

By End Use:

Military & Defence
Amusement Parks
Professional & Hobbyist
Coastal Tourism & Shipping Company
Offshore Vessel
Cargo Logistics

By Sales Channel:

Online
Offline

Multi Brand Store
Specialty Store

By Region:

North America
Latin America
Europe
East Asia
South Asia and the Pacific
Middle East & Africa

Author

Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.

His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.

Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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 5000 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
LinkedIn| Twitter| Blogs | YouTube

Surge in Micro-Mobility Charging Infrastructure: Market Set for Explosive Growth at 22.5% CAGR

The Global Micro-mobility Charging Infrastructures Market was valued at US$ 3.8 Billion in 2021 and is expected to reach US$ 36.6 Billion by year 2032, finds Future Market Insights (FMI) in a recent market survey. As per the findings of the report, wired Micro-Mobility Charging Infrastructures will remain pivotal for the market as the bulk of revenue will be generated through this category, with a forecasted CAGR of 22.5%.

The US to continue being the leading component of revenue in the forecast period

According to research, almost 60% of American vehicle trips are less than 6 miles long. The United States is the leading market for Micro-Mobility Charging Infrastructure Demand, with a CAGR of 24.8% from 2017 to 2022 and an expected CAGR of 21.5%. In 2021, the Biden administration approved the Bipartisan Infrastructure Law, often known as the Infrastructure Investment and Jobs Act. This act allocates US$ 7.5 billion in funds to establish a countrywide network of EV chargers along highway corridors. There are more programmes besides this one. Shared micro-mobility has also been added and is now eligible for programmes and grants such as the CMAQ Programme and Surface Transportation Block Grant money.

Request a Sample of this Report:
https://www.futuremarketinsights.com/reports/sample/rep-gb-15658

“Micro-mobility Charging Infrastructure manufacturers nowadays are closely working on improving their customer base, adapting to government policies, and developing safer and greener technologies.” comments an analyst at Future Market Insights.

Micro-mobility Charging Infrastructures Market: Competition Insights

At present, Micro-mobility Charging Infrastructure providers are largely aiming at gaining a foothold in the market and adapting to new technology and legislation. The key companies operating in the flexible screen market include Ather Energy, Beam, Bike-energy, Bikeep, Duckt, Electrify America LLC, Flower Turbines, Get Charged, Inc., Giulio Barbieri SRL., Gogoro, Ground Control Systems, Kuhmute Inc., Magment GmbH, Meredot SIA, Numocity Technologies Pvt Ltd., PBSC Urban Solutions, Perch Mobility, Robert Bosch GmbH, Siemens AG, Solum PV. Swiftmile, The Mobility House GmbH, Tier and WiTricity among others.

Some of the recent developments by key providers of Micro-Mobility Charging Infrastructure are as follows:

In June 2022, Statiq, a charging network provider and Hala mobility, a mico-mobility EV startup announced a partnership that will allow Hala’s users to benefit from Statiq’s charging network.
In April 2022, Gogoro went public, listing on NASDAQ after a SPAC deal merger with Poema Global as Gogoro, Inc under the symbols GGROW and GGR for warrants and shares.
In March 2022, Germany-based Swobbee raised US$6.5 Mn in Series A funding. The company focuses on the commercialization of battery swapping.
In February 2022, South Korea’s Swing raised US$24 Mn in Series B funding. The company plans to use the funds raised to increase their fleet and progress into the market in Japan.
In January 2022, Germany’s Soltsol AG and announced a strategic partnership with Swiftmile. They plan to collaborate to establish LEV hubs at locations throughout the European Union, starting with Germany.
In September 2021, Perch Mobility announced a partnership with LAZ Parking. The two companies plan to collaborate through the establishment of Perch’s Community Charging Portals in LAZ spots.
In May 2021, South Korea’s LG Electronics Inc announced a partnership with Kickgoing. The two collaborated to establish 20 wireless electric scooter charging spots in Bucheon, South Korea.
In October 2021, in the joint venture created by battery swapping provider Gogoro and China’s Yadea and DaChangJiang, both vehicle manufacturers invested a combined US$ 50 Mn into the venture. They initially launched 45 battery swap stations and compatible vehicles in Hangzhou, under the Huan Huan brand.
In April 2021, HeroMotoCorp and GogoroInc announced a strategic partnership. Under this partnership, they plan to establish a battery swapping joint venture under which they will combine Gogoro’s battery swapping expertise and Hero’s expertise in the manufacturing of scooters to introduce new vehicles for the Indian Market.

Unlock Exclusive Market Segments Insights: Buy Now to Discover Vital Trends, Drivers, and Challenges in this Industry:
https://www.futuremarketinsights.com/checkout/15658

Key Segments Covered in Micro-Mobility Charging Infrastructure Industry Survey

Micro-mobility Charging Infrastructure Market by Vehicle Type:

E-scooters
E-bikes
E-unicycles
E-skateboards

Micro-mobility Charging Infrastructure Market by Charger Type:

Wired
Wireless

Micro-mobility Charging Infrastructure Market by Power Source:

Solar Powered
Battery Powered

Micro-mobility Charging Infrastructure Market by End-Use:

Commercial
Residential

Author

Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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

Construction Equipment Maintenance and Repair Market to Reach US$ 33.96 billion by 2033 (CAGR 4.1%)

The global Construction Equipment Maintenance And Repair Market is anticipated to grow at a CAGR of 4.1% in 2023 and reach an estimated value of US$ 22.72 billion. In 2033, the construction equipment maintenance and repair industry is expected to be worth US$ 33.96 billion.

Regional Outlook

Construction activity, infrastructure development, and economic expansion are some variables that affect the geographical outlook for the construction equipment maintenance and repair market. These services have historically been in high demand in North America, Europe, Asia-Pacific, and the Middle East.

Request our market overview sample:
https://www.futuremarketinsights.com/reports/sample/rep-gb-15515

More construction projects are underway in emerging economies in Latin America and Africa, which may help the industry expand. To assess the present and potential future of the construction equipment repair and maintenance services market in particular regions, it is critical to monitor regional trends, economic indicators, and infrastructural developments.

As businesses are anticipated to place a greater emphasis on research and development operations for maintaining and repairing vehicles, the construction equipment maintenance and repair industry is predicted to rise steadily.

It would considerably improve the lifespan and operational state of many devices. Due to a few new emerging technologies in the automotive sector, there will be some changes to how vehicles are repaired and serviced.

Dynamics of the Global Construction Equipment Repair and Maintenance Market

Over the upcoming years, it is anticipated that the repair and maintenance services for both heavy and light construction equipment may continue to make up the same percentage of the construction equipment maintenance and repair market. Wheel loaders are anticipated to experience a significant growth rate among serious construction equipment repair and maintenance services.

Mini excavators are among the light constriction equipment predicted to continue a steady development rate. Repair and maintenance services for construction equipment are anticipated to expand significantly in Europe, largely thanks to increasing German residential construction industry demand.

Construction equipment maintenance and repair business are strengthening their efforts in developing nations like India and Latin America. The primary market-boosting initiatives are projects for new roads, improved infrastructure, new airports, irrigation systems, and urban infrastructure.

The market expansion for construction equipment maintenance and repair can be restrained by the ineffective availability of financing choices, poor uptime of construction equipment repair and maintenance services, a lack of government backing, and a sluggishly penetrated leasing or rental sector. One of the most prevalent industry trends is that OEMs are increasingly focusing more on repairing and maintaining construction equipment, which may increase construction equipment maintenance and repair market competition.

Key Takeaways

The United States might increase its market share for construction equipment maintenance and repair by 19.50% % between 2023 and 2033.
Between 2023 and 2033, Germany may hold 6.9% of the construction equipment maintenance and repair industry.
Japan’s share of the construction equipment maintenance and repair industry could reach 7.8% between 2023 and 2033.
Australia to hold a 3.5% share of the construction equipment maintenance and repair business from 2023 to 2033.
During the forecast period, Chinese construction equipment maintenance and repair business to expand at a CAGR of 4.2%.
From 2023 to 2033, the United Kingdom construction equipment maintenance and repair industry to register at a 3.9% CAGR.
Through 2033, the Indian construction equipment maintenance and repair market to record a CAGR of 4%.
The consumables segment to acquire a substantial market share of 67.4% in the components category between 2023 and 2033.
The aftermarket segment to hold a significant market share of 47.3% in the sales channel category between 2023 and 2033.

Elevate Your Business Strategy! Purchase the Report for Market-Driven Insights:
https://www.futuremarketinsights.com/checkout/15515

Competitive Landscape

With so many companies striving for market share, the rivalry in the construction equipment maintenance and repair may be fierce. Competition in the market may come from construction equipment maintenance and repair manufacturers, specialized repair and maintenance service providers, equipment rental businesses, and even original equipment manufacturers (OEMs).

The key to remaining competitive in construction equipment maintenance and repair industry is adapting to new technology, providing complete services, and forming solid bonds with customers.

Top Key Players in Construction Equipment Repair and Maintenance Market

Chevron Lubricants
ExxonMobil
RelaDyne
Atlas Copco
Castrol
Taylor Oil Company
Valvoline
Uslube
Duralene
Polygraph

Latest Breakthroughs

Launch

In September 2021, Foley Equipment launched a custom-built communications service that enables real-time technical assistance for customers, regardless of equipment brand. It utilizes smartphones and FaceTime to provide visual diagnostics and communication with Foley Lynx consultant technicians.

Key Segments

By Component:

Consumable
Grease
Engine Oil
Radiator Coolant
Brake Oil
Hydraulic Fluids
Transmission Fluid
Gear Oil
Parts
Excavator Bucket Teeth
Hydraulic Cylinder
Hydraulic Pumps
Track Chain
Belt
Batteries
Fuel Injector
Engine Starter
Air Filters

By Sales Channel:

OEM
OES
After Market

By Vehicle:

Dozer
Loaders
Graders
Scrapers
Backhoe Loaders
Compactors

By Service Provider:

Authorized Service Center
Third-Party Service Center
Independent Service Center

By Service Type:

Repair and Maintenance
Service Only

By Region:

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

Author

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

Automotive Performance Tuning and Engine Remapping Services Market to reach US$ 1,100 million by 2033

As per Future Market Insights, the global automotive performance tuning and engine remapping services market is estimated to attain a valuation of US$ 586.22 million in 2023. The market is expected to reach US$ 1,100 million by 2033, rising at a CAGR of 6.4%.

As Europe’s major shareholders, the United Kingdom and Germany are seeing increased demand for passenger and light commercial cars. The markets of the United Kingdom and Germany are expected to increase at a CAGR of 5.9% and 6.1%, respectively, over the projection period.

In recent years, manufacturers have been actively expanding new client bases in the United Kingdom. Within Germany, demand is likely to rise as the automobile sector develops. As the number of automobiles on the road increases, drivers in the country seek great performance.

Get Access to Sample Now:
https://www.futuremarketinsights.com/reports/sample/rep-gb-6443

Key Takeaways

United States automotive performance tuning and engine remapping services market is expected to grow with a CAGR of 6.2% during the forecast period.
The market in China is expected to grow with a CAGR of 6.5% during the forecast period.
By vehicle type, the passenger vehicle segment is projected to grow with a significant CAGR of 6.6% during the forecast period.
The market in India is expected to grow with a CAGR of 6.3% throughout the forecast period.

“Rising consumer preference for high power engine and fine tuning of vehicles is expected to drive market growth during the forecast period,” comments an FMI Analyst

Competitive Landscape

The automotive performance tuning and engine remapping services market is intensely competitive, with several key industry players investing heavily in providing these services.

The key industry players are Tuning works Inc., Quantum Tuning Ltd., Shift Performance, VIEZU Technologies LTD, ABT Sports line GmbH, Roo Systems, Turbo Dynamics Ltd, EcuTek Technologies Ltd., Emaps Performance, CODE 6 Tuning, LAYTON REMAPS & PERFORMANCE, Wolf Moto, Revolution Automotive, SLT Remapping & Diagnostics LTD.

Some recent developments in the market are:

Key industry players are utilizing organic growth strategies like acquisitions, mergers, tie-ups, and collaboration to bolster their product portfolio. This is expected to propel the global automotive performance tuning and engine remapping services market.

In May 2023, ABT Sportsline, a renowned tuner specializing in Audi and VW Group vehicles, introduces the limited-edition ABT RS6 Legacy Edition (LE). With only 200 units available, this high-performance sports car combines striking design with practicality for everyday use, captivating automotive enthusiasts with its exceptional features.
The “ABT China” joint venture, which was announced in February 2023, is gaining momentum. The first project of ABT China and GAC, the GAC Empow R x ABT co-brand version, has been officially launched at Auto Shanghai 2023, held from April 18-27, 2023.
On March 23, 2022, ABT Sportsline achieved an impressive 450 horsepower from the iconic five-cylinder engine. The SUV coupé Formentor, representing the independent CUPRA brand, showcases a captivating blend of dynamic and elegant design that leaves a lasting impression even at a standstill.

Direct Purchase of this Report:
https://www.futuremarketinsights.com/checkout/6443

Key Segments Profiled in the Automotive Performance Tuning and Engine Remapping Services Industry Survey

By Vehicle Type:

Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles

By Fuel Type:

Petrol
Diesel

By Tuning Stage:

Stage 1
Stage 2
Stage 3

By Tuning Method:

OBD Ports
Bench Tuning

By Application:

Racing
Fuel Economizing
Performance Tuning

By Region:

North America
Latin America
Europe
Asia Pacific
Middle East & Africa

Author

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

Automotive TCU Market Shifts into High Gear: US$ 22.47 billion Growth Expected by 2033

The automotive TCU market is predicted to be worth US$ 15,157.9 million in 2023 and rise to US$ 22,437.4 million by 2033. Demand initially expanded at a market CAGR of 3.2% between 2018 and 2022.

Key Takeaways

By 2033, the automotive TCU market in the United Kingdom is likely to expand, with a CAGR of 2.9%.
In 2023, the United States is expected to have a market share of 15.2% in the automotive TCU sector.
The automotive TCU market was significantly expanding, with a size of US$ 14,546.9 million in 2022.
By 2033, the automotive TCU market in China is likely to expand, with a CAGR of 4.5%.
In 2023, Germany is expected to expand significantly in the automotive TCU business, with an expected share of 7.1%.
By 2033, India is projected to expand significantly in the automotive TCU market, with a share of 5.1%.
In 2023, Australia is likely to develop significantly in the automotive TCU business, with an expected share of 0.3%.
Japan’s automotive TCU industry share is projected to develop significantly, with a 7.9% share in 2022.
In 2023, the passenger car segment is likely to expand in the market with a significant share of 77.9% and is expected to hold a top spot in the market regarding vehicle type.
Based on the application, the automotive transmission segment is likely to dominate the industry in 2023, with a share of 73.9%.

Request a Sample of this Report:
https://www.futuremarketinsights.com/reports/sample/rep-gb-5603

Technological improvements significantly drive the demand for automotive TCUs. Incorporating cutting-edge technologies into TCUs and ongoing innovation in gearbox systems increase vehicle performance, fuel efficiency, and user experience.

Automakers and TCU producers are making significant investments in research and development to stay on the bleeding edge of technology and provide consumers with cutting-edge solutions.

Using machine learning and artificial intelligence technology in TCUs creates new possibilities. Algorithms based on AI and ML assess data from various vehicle sensors and instantly improve the efficiency of the gearbox and gear changes. Implementing AI and ML in automotive TCUs opens up new possibilities for the market players.

Get Ahead with Detailed Market Intelligence: Purchase Now to Access Segment-specific Information, Uncover Key Trends, Drivers, and Challenges:
https://www.futuremarketinsights.com/checkout/5603

Competitors Winning Strategies

The automotive TCU industry is also significantly influenced by partnerships and collaborations between industry members. Using their combined knowledge, automakers and TCU manufacturers work together.

Partnerships between industry players seek to jointly create cutting-edge solutions, exchange information, and promote market expansion. Strategic partnerships aid in speeding up technology progress, extending market penetration, and meeting changing customer requirements.

Key Companies Profiled

Robert Bosch GmbH
Continental AG
Aptiv PLC
LG Electronics Inc.
Denso Corporation
Harman International Industries Inc.
Visteon Corporation
Valeo SA
Panasonic Corporation
Magneti Marelli S.p.A

Recent Developments:

Phillips Connect made many announcements in March 2022 to assist fleets and drivers in utilizing many innovative trailers. These announcements included new intelligent nose box gateways, backup cameras, and a partnership with Utilities to introduce the Utility Connect trailer telematics solution.
A 5G compatible TCU was launched by Harman International in April 2019 as part of a new strategy to update the cutting-edge technology inside of vehicles made by current automakers. With 5G network infrastructure, 5G TCU aids in delivering scalable mobile network access for connected automobiles. This TCU’s foundational technology is based on a platform previously made available for mobile devices.

Request Report Methodology:
https://www.futuremarketinsights.com/request-report-methodology/rep-gb-5603

Segmentation of the Global Automotive TCU Market

Application:

AT (Automatic Transmission)
CVT (Continuous Variable Transmission)
DCT (Dual Clutch Transmission)

Vehicle Type:

Passenger Car
LCV (Light Commercial Vehicle)
HCV (Heavy Commercial Vehicle)

Region:

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

Author

Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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