Market Research Blog – Page 3813 – New Product Development

Total Carbon Analyzers Market Witnesses Remarkable Surge, Projected to Hit US$ 2.5 Billion by 2033

The global total carbon analyzers market is anticipated to surge to US$ 2.5 billion by 2033. It is estimated to record a steady CAGR of 5.9% in the review period 2023 to 2033. It is likely to total US$ 1.4 billion in 2023. The global total carbon analyzers market registered an astonishing CAGR of 7.3% in the historical period between 2018 and 2022.

The total carbon analyzers market is an industry involved in the manufacturing, distributing, and using specialized equipment designed to measure total carbon content in several samples. These analyzers are vital in several applications, including water quality assessment, environmental monitoring, industrial processes, research laboratories, etc. Total carbon analyzers are widely preferred since they can conveniently regulate the total amount of carbon in a given sample. They do this by calculating the absorption of carbon compounds, usually organic and inorganic carbon.

Total carbon analyzers are important in evaluating carbon content in ecological samples, monitoring carbon emissions, pollution levels, and compliance with environmentally friendly regulations. They are widely used to evaluate water quality in various industries, comprising industrial processes, municipal water treatment, and wastewater treatment plants.

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Total carbon analyzers ensure raw material purity, evaluate water quality for pharmaceutical procedures, and validate cleaning processes. They find applications in chemical, petrochemical, and food and beverage manufacturing, where carbon content monitoring is critical for quality control and procedure optimization.

Stringent environmental policies and regulations worldwide are driving the demand for carbon analyzers. Governments and regulatory agencies often need industries to observe and control carbon emissions. The total carbon analyzer market contains companies specifying analytical devices and equipment. Key companies produce a variety of equipment for different kinds of chemical analysis, with carbon analyzers.

The market is highly competitive, with several manufacturers offering a wide range of products. This competition leads to competitive pricing, product innovation, and product improvements. The urgent need for accurate carbon analysis across several industries and applications and ongoing technological developments in analytical instruments drive the overall carbon analyzer market. It is essential to safeguard compliance with environmental guidelines, maintain product quality, and promote scientific research.

Key Takeaways from the Total Carbon Analyzers Market Report:

The United States total carbon analyzers industry is projected to reach US$ 446.5 million in the forecast period.
The United Kingdom’s total carbon analyzers industry is set to be valued at US$ 97.8 million by 2033.
China’s total carbon analyzers industry is likely to register US$ 378.2 million by 2033.
Based on product type, the laboratory TC analyzer segment is set to witness a CAGR of 7% from 2023 to 2033.
In terms of application, pharmaceutical application is set to surge at a CAGR of 5% by 2033.

“Technological advancements such as emerging advanced spectroscopy methods and automation have contributed to further market expansion. Key players include leading equipment suppliers and manufacturers who continuously strive to advance total carbon analysers’ reliability, accuracy, and productivity to meet changing consumer and regulatory requirements.” –says Sudip Saha, Managing Director and Co-Founder at Future Market Insights.

Competitive Landscape:

Leading manufacturers and companies are looking to expand their product and service portfolios by introducing new products. They will also use several growth approaches such as advertising, acquisitions, partnerships, transactions, and mergers to maintain a prominent position in the market.

For instance,

In May 2020, Peak Scientific Instruments launched a gas solution designed precisely for the TOC 1000 Total Organic Carbon
In 2021, LAR Process Analysis, introduced QuickTOCuv II, an enhanced version of their long-standing Total Organic Carbon Analyzer with UV Persulfate.

Leading Key Players:

Analytik Jena AG
ELTRA GmbH
GE Analytical Instruments, Inc.
Hach Company
Mettler-Toledo International, Inc.
Shimadzu Corporation

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Get More Valuable Insights into Total Carbon Analyzers Market Report

In its new offering, Future Market Insights (FMI) provides an unbiased analysis of the global total carbon analyzers market, presenting historical demand data (2018 to 2022) and forecast statistics from 2023 to 2033.

The study incorporates compelling insights on the total carbon analyzers industry based on product type (laboratory TC analyzer, online TC analyzer, portable TC analyzer), application (pharmaceuticals, semiconductors, power & energy, wastewater treatment, other applications), end-use (institutes, industrial) across several regions.

Total Carbon Analyzers Market Segmentation:

By Product Type:

Laboratory TC Analyzer
Online TC Analyzer
Portable TC Analyzer

By Application:

Pharmaceuticals
Semiconductors
Power & Energy
Wastewater Treatment
Other Applications

By End-Use:

Institutes
Industrial

Authored By:

Sudip Saha is the managing director and co-founder at Future Market Insights, an award-winning market research and consulting firm. Sudip is committed to shaping the market research industry with credible solutions and constantly makes a buzz in the media with his thought leadership. His vast experience in market research and project management across verticals in APAC, EMEA, and the Americas reflects his growth-oriented approach to clients.

He is a strong believer and proponent of innovation-based solutions, emphasizing customized solutions to meet one client’s requirements at a time. His foresightedness and visionary approach recently got him recognized as the ‘Global Icon in Business Consulting’ at the ET Inspiring Leaders Awards 2022.

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
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Infrared Sensors Market: Projected Growth at a 6.1% CAGR, Anticipating a Reach of US$ 1.1 Billion by 2033

The global infrared sensors market size reached US$ 582.8 million in 2022. Revenue generated by infrared sensors sales is likely to reach US$ 623.6 million in 2023. Through 2033, demand is poised to soar at 6.1% CAGR. Sales are anticipated to transcend to US$ 1.1 billion by 2033.

Infrared Sensors Market Application:

Environmental monitoring applications like forest fire detection and pollution control rely on thermal imaging. This creates a niche demand for infrared sensors as governments and organizations invest in environmental protection.

Infrared sensors are essential for detecting various gases and particulate matter in the air. They play a crucial role in air quality monitoring systems, helping to measure pollutants such as CO2, CO, and NO2. Industries are increasingly adopting environmental monitoring to comply with stringent regulations. Infrared sensors monitor volatile organic compounds (VOCs) emissions, sulfur dioxide (SO2), and other pollutants. It will likely help several industries reduce their environmental footprint.

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Infrared sensors are employed in wildfire detection systems to spot the heat signatures of fires in their early stages. The demand for such sensors is rising with wildfires’ increasing frequency and severity.

In agriculture, infrared sensors are used for crop health monitoring, irrigation control, and pest detection. As sustainable farming practices gain importance, adopting these sensors is expected to increase.

Infrared sensors are utilized in building automation systems to optimize energy usage by monitoring occupancy and temperature. As energy efficiency becomes a priority, the demand for these sensors in smart buildings is growing. The demand for electronics such as smartphones with infrared sensors for facial recognition and augmented reality applications also contributes to market growth.

Infrared sensors are crucial for night vision cameras and security systems. These are increasingly used for environmental monitoring in public places and critical infrastructure. Infrared sensors are used in satellite-based remote sensing systems to gather environmental data on a global scale, contributing to climate studies and disaster monitoring.

Infrared sensors are integral to aircraft and military equipment for target detection and tracking tasks. As defense budgets continue to propel, so does the demand for advanced infrared sensor technology.

Infrared sensors are used in building automation systems to enhance energy efficiency by monitoring temperature variations. This is particularly relevant in sustainable building practices as new applications for thermal imaging emerge, such as in autonomous vehicles and augmented reality. The demand for infrared sensors is expected to expand further through 2033 due to a combination of the aforementioned factors.

Key Takeaways from the Infrared Sensors Market Report:

The global infrared sensors market is expected to witness a CAGR of 6.1% between 2023 and 2033.

Regarding technology, the pyroelectric division is expected to expand at a CAGR of 6.0% between 2023 and 2033.

By end-use, the commercial segment is anticipated to exhibit a 5.9% CAGR through the projected period.

The United Kingdom is expected to be worth US$ 39.6 million by 2033.

Japan will likely emerge as a significant country in the market, growing at a CAGR of 5.2% through 2033.

“In the rapidly evolving landscape of technology, the Infrared Sensors Market continues to witness substantial growth, our comprehensive market research study highlights the increasing demand for infrared sensors across various industries, driven by their pivotal role in applications such as security systems, automotive safety, and consumer electronics. As market dynamics shift, our analysis provides valuable insights for stakeholders navigating the evolving Infrared Sensors Market.” – says Sudip Saha, Managing Director and Co-Founder at Future Market Insights.

Competitive Landscape:

Key manufacturers are offering customized solutions to meet specific industry requirements and applications. They also introduce effective marketing strategies to build brand recognition and customer trust. They are emphasizing eco-friendly manufacturing processes and sustainable product designs.

Leading Key Players:

DRS Technologies, Inc.
Excelitas Technologies Corporation
FLIR Systems, Inc.
General Dynamics Mission Systems, Inc.
Hamamatsu Photonics KK

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Recent developments in the Infrared Sensors Market:

RADA Electronic Industries Ltd. is a multinational defense technology business specializing in proprietary radar and old-fashioned avionics systems. It collaborates with the RADA Electronic Industry and other USA-based companies in creating, producing, and marketing items intended for the aerospace and defense sectors.

Excelitas Technologies is a technological leader in producing high-performance, market-driven photonic solutions to address clients’ lighting, optical, optronic, sensing, detection, and imaging demands worldwide.

Infrared Sensors Market Segmentation:

By Technology:

Pyroelectric
Thermopile
Microbolometers
InGaAs
MCT

By End-use:

Commercial
Healthcare
Automotive
Others

By Region:

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

About Future Market Insights (FMI):

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USA Faith-Based Tourism Market Envisions a Notable 9.2% CAGR by 2032 | FMI

As per Future Market Insights’ latest industry analysis, the USA faith-based tourism market is poised to reach a valuation of US$ 1,001 Million in 2022. Sales in the U.S. faith based tourism market are projected to increase at 9.2% CAGR from 2022 to 2032.

The religious sector has drawn a large number of people to sites of attraction such as shrines and home places of deities since time immemorial. With the passage of time, the concept has evolved to spiritual tourism, in which, visiting religious believers are treated as tourists as they are looking for ways to market their visit as a vacation in addition to fulfilling their religious purpose.

Faith based tourism is expected to broaden the travel industry in the U.S. The Roman Catholic Church has effectively implemented pilgrimage traditions in the country, thereby establishing a variety of pilgrimage locations complete with sacred relics of martyrs, miracles & healing stories, Marian apparitions, and patron saints.

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Key Takeaways: U.S. Faith Based Tourism Market

By booking channel, the online booking segment is expected to generate a significant share of 45% in the U.S. faith based tourism market.
In terms of age group, the 46-55 years’ segment is anticipated to hold the lion’s share through 2032.
By tourist type, the domestic segment is likely to remain at the forefront in terms of share during the forecast period.
In terms of tour type, the package travelers segment is anticipated to generate the largest share of the U.S. faith based tourism industry.
Based on tourism type, the religious and heritage tours segment is expected to dominate the U.S. faith based tourism market.

“High demand for more authentic experiences among tourists such as immersing themselves in spiritual and cultural traditions associated with a religion or pilgrimage site would drive the faith based tourism market in the U.S.,” says a FMI analyst.

Competitive Landscape: U.S. Faith Based Tourism Market

Leading companies in the U.S. faith based tourism market are focusing on robust promotional strategies such as advertisements, as well as new package launches to generate high sales.

Leading companies in the U.S. faith based tourism industry

Expedia Group
Booking Holdings
American Express Global Business Travel
BCD Travel
CWT
Flight Centre
Travel Leaders Group
American Express
Direct Travel
Corporate Travel Management North America
Fareportal
American Automobile Association
Travel and Transport
Frosch
Omega World Travel

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U.S. Faith Based Tourism Market Outlook by Category

By Tourism Type:

Day Trips & Local Gateways
Museums
Pilgrimages
Religious and Heritage Tours
Others

By Booking Channel:

Phone Booking
Online Booking
In-Person Booking

By Tourist Type:

Domestic
International

By Age Group:

15-25 Years
26-35 Years
36-45 Years
46-55 Years
66-75 Years

By Consumer Orientation:

Men
Women
Children

By Tour Type:

Independent Travelers
Tour Groups
Package Travelers

About Travel & Tourism Division at Future Market Insights

The travel & tourism team at Future Market Insights provides all the necessary insights and consulting analysis to fulfill the unique business intelligence needs of clients worldwide. With a catalog of more than 500 reports pertaining to the latest statistics and analysis from the travel & tourism industry, the team is happy to help with every business intelligence research and consulting requirement.

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
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Hi-Fi Systems Market continues its upward trajectory, with projections indicating it will reach US$ 28.6 Billion by 2033

The global Hi-Fi systems market size is estimated to reach US$ 16.9 billion in 2023 and US$ 28.6 billion by 2033. Overall sales of Hi-Fi systems are predicted to soar at 5.4% CAGR during the forecast period.

Demand is expected to remain high for Hi-Fi products throughout the forecast period. This is attributable to the flexibility and cost-effectiveness of these products. As per the latest analysis, the products segment is poised to exhibit a CAGR of 5.3% between 2023 and 2033.

Several factors are expected to stimulate growth in the Hi-Fi systems market. These include growing demand for high-quality audio, increasing adoption of home entertainment systems, and high popularity of wireless Hi-Fi systems.

Hi-Fi systems are high-quality sound reproducing systems. They are gaining immense traction globally due to their ability to reproduce music accurately and clearly accurately. These systems offer minimal noise and distortion compared to other audio products.

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Growing demand for high-quality music, especially among audiophiles, is expected to drive the global Hi-Fi systems market forward during the forecast period. This is because Hi-Fi systems can significantly enhance the listening experience of users.

Rapid interest in wireless audio devices will likely boost the target market during the assessment period. Consumers are showing a keen inclination towards using wireless products such as speakers due to their better convenience. Wireless audio devices are witnessing high demand from home and commercial applications. They also find usage in niche applications, such as automotive, military, and security.

Another prominent factor expected to bolster sales of Hi-Fi systems is the rise of streaming services. Today, the popularity of streaming services, such as Spotify and Apple Music, is increasing rapidly. This, in turn, is creating high demand for Hi-Fi systems as they deliver high-quality streaming audio.

Rising adoption of home-theatre-in-a-box (HTIB) and the growing popularity of smart homes are also expected to fuel demand for Hi-Fi systems. Subsequently, technological advancements in wireless audio devices, such as wireless headphones, will boost the market. Futuristic market projection predicted the target market to expand 1.7X through 2033.

Key Takeaways from the Hi-Fi Systems Market Report:

The global Hi-Fi systems industry is forecast to reach US$ 28.6 billion by 2033.
Based on system, the products segment is set to progress at 5.3% CAGR through 2033.
By connectivity, the wired segment is expected to thrive at 5.1% CAGR through 2033.
The United States market value is projected to total US$ 5.0 billion by 2033.
Demand in South Korea is predicted to rise at 6.5% CAGR between 2023 and 2033.
Sales revenue in China is anticipated to reach US$ 3.7 billion by 2033.
The United Kingdom market is poised to exhibit a CAGR of 5.7% through 2033.
Japan industry is expected to reach a valuation of US$ 2.5 billion by 2033.

“Growing demand for high-quality audio and rising popularity of wireless audio systems are anticipated to provide a strong impetus for the expansion of the global Hi-Fi systems market during the forecast period. Key players are likely to invest in wireless technologies to gain maximum profits,” – says Sudip Saha, Managing Director and Co-Founder at Future Market Insights.

Who is Winning?

Key manufacturers of Hi-Fi systems profiled in the report include Bose Corporation, Tannoy Ltd., Bowers & Wilkins, HARMAN International, DEI Holdings, Inc., Koninklijke Philips NV, LG Electronics Inc., Samsung Electronics Co., Ltd., Onkyo Corporation, Panasonic Corporation, Sony Corporation, and Yamaha Corporation.

These players are constantly introducing new Hi-Fi systems, especially wireless ones, to expand their customer base and revenues. They are also adopting strategies such as acquisitions, partnerships, alliances, collaborations, mergers, and strengthening distribution channels to solidify their market positions.

Recent Developments in Hi-Fi Systems market:

In January 2023, the new 2000 Series Hi-Fi System was unveiled by Yamaha in the United States.
In February 2022, Sony Electronics introduced its latest premium Mobile ES car subwoofers, amplifiers, and speakers to deliver a superior entertainment experience.

Drivers and Opportunities:

Several key factors are expected to propel the Hi-Fi systems market forward. The increasing demand for high-quality audio, coupled with the rising adoption of home entertainment systems, has contributed to the high popularity of wireless Hi-Fi systems. Hi-Fi systems, renowned for their ability to reproduce music with exceptional clarity and minimal distortion, have garnered significant global traction. Audiophiles, in particular, are driving the demand for high-quality music experiences, enhancing the market’s prospects during the forecast period.

Competitive Landscape – Regional Trends:

The Hi-Fi systems market boasts a competitive landscape with dynamic regional trends. Manufacturers and vendors are focusing on innovation and product differentiation to gain a competitive edge. In regions like North America and Europe, the market is characterized by a high concentration of tech-savvy consumers, driving the demand for premium Hi-Fi systems. Meanwhile, Asia-Pacific is witnessing a surge in demand, fueled by a burgeoning middle-class population with an increasing appetite for high-fidelity audio experiences.

Restraints:

While the Hi-Fi systems market holds immense promise, certain challenges loom. Pricing pressures and the availability of affordable alternatives in the audio market may pose as restraints. Additionally, the ongoing global semiconductor shortage has the potential to impact production and supply chain disruptions.

More Insights Available:

Future Market Insights (FMI), in its new offering, presents an unbiased analysis of the global Hi-Fi systems market presenting historical data (2018 to 2022) and forecast statistics for the period from 2023 to 2033.

The study reveals market projections based on system (products and device), connectivity (wired and wireless), application (residential, commercial, automotive, and other applications) and region (North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia and Pacific, and Middle East and Africa).

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Segmentation in Hi-Fi Systems Market Research Report

By System:

Products
Device

By Connectivity:

Wired
Wireless

By Application:

Residential
Commercial
Automotive
Other Applications

By Region:

North America
Latin America
Western Europe
Eastern Europe
East Asia
South Asia and Pacific
Middle East and Africa

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Flash-Based Arrays Market: Projected to Achieve a Remarkable 17.8% CAGR, Aims for US$ 391.0 Billion Valuation by 2033

The global market for flash-based arrays is set to achieve strong financial growth, reaching a value of approximately US$ 391.0 billion by 2033. This growth is expected to happen at an impressive annual rate of around 17.8%.

Video streaming and content delivery are anticipated to surge the market for flash-based arrays in Asia Pacific. Large volumes of data, including image and video files, are frequently handled by content delivery networks (CDNs) and video streaming services.

Demand might also be driven by flash-based arrays’ high input/output (I/O) capability, which enables rapid delivery and low-latency access of content to users. These are anticipated to lead to quicker loading times for content and smoother streaming. Both of these elements are likely to guarantee user happiness and keep subscribers.

For instance, according to the Interactive Advertising Bureau (IAB), Asia Pacific is predicted to set a new record for the prominent rate of worldwide OTT subscriber growth in 2018. About 64% of internet users in the region watch around 1.6 hours of online video every day.

The gaming market in North America is anticipated to rise quickly through 2033. For gamers, quick loading times might be crucial as they want a flawless and immersive experience. Demand is expected to be driven by flash-based arrays’ capacity to speed up the loading of environments, models, and textures.

Real-time reaction is prompted by low-latency storage, which is another issue for gamers in the area. For instance, players would need less lag and speedy data access in online multiplayer games to enable fair and competitive competition. By reducing latency, flash-based arrays are expected to contribute to a top-notch gaming experience.

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Key Takeaways from Flash-based Arrays Market Report:

The global flash-based arrays industry expanded at an astonishing CAGR of 8% in the historical period from 2018 to 2022.
The United States is anticipated to construct a specific profit potential of US$ 53.5 billion from 2023 to 2033.
China’s flash-based arrays industry is anticipated to remain at the forefront by topping a size of US$ 73.5 billion by 2033.
Based on organization size, the large enterprises segment is expected to witness a CAGR of 4% from 2023 to 2033.
In terms of product type, the hybrid flash arrays segment is estimated to witness a CAGR of 6% by 2033.

“It is projected that rising digitalization would contribute to the innovation of IT infrastructures and operations across diverse businesses globally. These businesses anticipate a growth in demand for low-latency, high-speed storage options, particularly flash-based arrays. This is linked to the rapidly expanding use of cloud computing, data analytics, and the internet of things.” – says Sudip Saha, Managing Director and Co-Founder at Future Market Insights.

Competitive Landscape:

Software and hardware components of flash-based array vendors’ products are projected to benefit from significant investments in research & development projects. It is projected that they would create more dependable and quick NAND flash memory to improve data management algorithms.

Companies are getting ready to include non-volatile memory express (NVMe) technology into their product lines as it has become widely used worldwide. They would be able to provide their customers with speedy data access speeds and excellent performance as a result.

A few businesses might enhance their current selection of flash-based arrays. They can achieve this by introducing novel analytical capabilities and distinctive data management features.

It is planned to contain built-in data deduplication, compression, analytics capabilities, and encryption. Data centers should be able to learn more about their storage and data efficiency with the use of such features.

Leading Key Players:

Dell EMC
Fujitsu Ltd.
Hewlett Packard Enterprise Development LP
Hitachi Data Systems Corporation

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For instance,

In June 2023, the United States-based Pure Storage, Inc. debuted the FlashArray//E and FlashArray R4 platforms. These are regarded as the perfect answers for data centers searching for cutting-edge storage systems to handle heavy workloads.
The first block storage-only appliance was unveiled in May 2023 by NetApp, Inc., a data and storage management company based in the United States. For SAN clients, who now use the company’s universal storage arrays for block storage, it seeks to simplify its storage portfolio.

More Insights Available on Flash-based Arrays Market:

Future Market Insights (FMI), in its new offering, presents an unbiased analysis of the global flash-based arrays market presenting historical data (2018 to 2022) and forecast statistics for the period from 2023 to 2033.

The study reveals market projections based on product type (hybrid flash arrays and all-flash arrays), organization size (large enterprise and SMEs), end-use (BFSI, IT & telecom, industrial, and others), and region (North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia and Pacific, and Middle East and Africa).

Flash-based Arrays Market Segmentation:

By Product Type:

Hybrid Flash Arrays
All Flash Arrays

By Organization Size:

Large Enterprises
SMEs

By End Use:

BFSI
IT & Telecom
Industrial
Other End-Uses

By Region:

North America
Latin America
Western Europe
Eastern Europe
South Asia and Pacific
East Asia
Middle East and Africa

Author By:

About Future Market Insights (FMI):

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Nandini Singh Sawlani

Gravure Printing Market Surges with Anticipated 6.5% CAGR, Predicted to Reach US$ 7.4 Billion by 2033

The gravure printing industry is set to reach US$ 4 billion in 2023. Over the forecast period 2023 to 2033, gravure printing sales are expected to soar at a CAGR of 6.5%. The market at the end of 2033 is forecast to reach US$ 7.4 billion.

Sales of gravure printing grew at 7.2% CAGR from 2018 to 2022. Between 2023 and 2033, gravure printing demand is set to rise at 6.5% CAGR. By the end of 2033, the market is anticipated to exceed a valuation of US$ 7.4 billion.

The gravure market is a branch of the printing industry that specializes in the production and supply of gravure printing services and equipment.

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Gravure printing, also known as intaglio printing, is a versatile, high-quality printing process used in several sectors such as packaging, publishing, decorative printing, and product labeling.

In gravure printing, the image or design to be printed is etched or engraved onto a cylinder, usually made of copper or chrome-plated steel. Ink is held in the recessed area of the cylinder and transferred to the substrate under pressure.

Users prefer gravure printing since this process results in accurate and consistent prints, allowing for high-resolution images, fine detail, and vibrant colors.

Gravure equipment manufacturers work on specialized components required for the gravure printing process. These include gravure presses, cylinder engraving systems, ink supply systems, drying systems, and other ancillary equipment.

The manufacturers involved are constantly invested in developing novel and advanced technologies. These advancements have yet helped improve print quality, increase production efficiency, and enable automation of the printing process.

Suppliers in the gravure market offer gravure inks, coatings, and consumables. These suppliers develop and supply high-quality inks specifically designed for gravure applications. The supplier also offers consumables such as squeegees, cylinders, solvents, and cleaning agents used in the gravure printing process.

The gravure printing market is closely tied to the substrate materials used in the printing process. These materials include paper, cardboard, plastic films, metal foils, and several flexible packaging materials.

The gravure market serves numerous end-use sectors such as packaging, publishing, decorative printing, and product labeling. In the packaging sector, users employ gravure printing on flexible packaging, boxes, labels, and heat shrink sleeves.

In the publishing sector, businesses use gravure printing for high-quality magazines, catalogs, and books. Gravure printing is also used to produce decorative materials such as wallpaper, wrapping paper, and laminate.

The gravure printing industry is primarily driven by the demand for high-quality printing. The emerging need for visually appealing packaging, alongside advances in gravure printing technology, is further expected to push the market forward.

It is a highly competitive market, with manufacturers and service providers constantly innovating to meet the changing needs of their customers. This also helps ensure superior print quality and efficiency.

The gravure printing industry plays a key role in meeting the printing needs of diverse sectors and providing beautiful and durable prints. The gravure printing industry is expected to surge and adapt to the changing demands of the printing industry as technological advancements continue to improve printing quality and efficiency.

Key Takeaways from Gravure Printing Market Study

Japan gravure printing industry is expected to be worth US$ 1.4 billion by 2033.
The United States gravure printing industry value is set to reach US$ 1.5 billion by 2033.
China gravure printing industry sales are likely to soar at 4% CAGR by 2033.
In terms of type, the solvent-based type is expected to soar at a CAGR of 4% during the forecast period.
In terms of application, the packaging sector is projected to showcase a CAGR of 2% from 2023 to 2033.

Leading Key Players:

ALTANA
Dainichiseika Color & Chemicals
Flint Group
Fujifilm Sericol
Huber Group

Competitive Landscape: Gravure Printing Market

Companies invest heavily in developing new products and technologies that increase efficiency, are environmentally friendly, and minimize production costs. Leading companies and manufacturers are focusing on developing and launching products to expand their reach.

for example

In March 2022, Sun Chemical launched a series of new products such as RotoPure, tin-free used in food packaging.

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Get More Exclusive Insights into Gravure Printing Market Study

Future Market Insights (FMI), in its new offering, presents an unbiased analysis of the gravure printing industry, presenting historical market data (2018 to 2022) and forecast statistics for the period of 2023 to 2033.

The study reveals extensive growth in the gravure printing industry in terms of application (packaging, publication, furniture) type (solvent-based, water-based), and region.

Gravure Printing Market Segmentation:

By Type:

Solvent-based
Water-based
Others

By Application:

Packaging
Publication
Furniture
Others

Authored By:

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Nandini Singh Sawlani

UV LED Printers Market: Forecasted Surge to Reach US$ 925 Million by 2033, Propelled by an 8.6% CAGR from 2023

A recent study conducted by Future Market Insights expects the global UV LED printers market to be valued at US$ 925 million by 2033. From 2023 to 2033, market forecasts indicate the market is expected to expand at a CAGR of 8.6%. With LED UV technology’s drying process, most high-quality printing jobs can now be turned around within 40 minutes and maintain quality without sacrificing speed.

UV LED printing machines prevent ink from sinking into materials and produce much sharper colors. The colors appear more vibrant and brighter, allowing them to provide a better visual experience. As a result, the option of ink set off – the transfer of ink from one sheet to the next has been eliminated. Due to the absence of a sealing coat, the original characteristics are maintained. The machine doesn’t need anti-set off powder spray to print, so there are no blemishes or marks on finished products.

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Compared to traditional printing technology, UV LED printing uses less energy. With instant on/off functionality, CO₂ emissions are reduced due to reductions in standby consumption. LED UV printing technology is not limited to a particular application, unlike other print technologies. In addition to newsletters and magazines, it is also ideal for stationery and catalogs. In addition, it can print on a variety of materials and stocks.

Key Takeaways from the Market Study:

The UV LED printers market is expected to witness an absolute dollar growth of US$ 520 million.
By 2033, UV LED printer revenues in the United States are expected to reach US$ 298 million.
According to forecasts, the large format market is projected to increase by 8.5% CAGR by 2033.
UV LED printer services are expected to become the dominant technology in North America by 2033, generating a 41.3% market share.
In the United Kingdom, UV LED printers are forecast to grow at a CAGR of 7.8% by 2033.
According to forecasts, the UV LED printers market in Japan to grow at a CAGR of 8% between 2023 and 2033.
The industrial sector is projected to grow at an 8.4% CAGR by 2033.

“Growing innovations and new technologies are expected to grow demand for UV LED printers in the market. Increasing demand for sustainable devices and techniques is expected to drive UV LED printers market demand” – says Sudip Saha, Managing Director and Co-Founder at Future Market Insights.

Key Market Players

Fujifilm
Domino Digital Printing
Agfa Graphics
HP
Canon
EPSON
KINGT
MIMAKI
JHF
Durst
EFI
Techwin

Key Market Developments:

In March 2023, VMGS (Visual Marketing and Graphic Services) equipped its workshop with a Mimaki UJV55-320 UV LED printer, Kongsberg X24 Edge digital cutting table, and a Graphtec FC 9000-160 cutting plotter from CMYUK. CMYUK has also purchased from Mimaki a Mimaki UCJV150-160 UV LED laser printer with a built-in cutter, which has been used in conjunction with the Mimaki JFX200-2513EX flatbed.
In May 2023, energy curing steadily gained popularity among printers over the years. The instant cure capabilities were originally provided by ultraviolet (UV) and electron beam (EB) inks. UV and EB inks have become increasingly popular due to their environmental benefits and energy savings, and UV LEDs are one of the fastest-growing segments. A variety of curing options are available with Flint Group’s EkoCure UV LED inks, including standard mercury lamps or UV LEDs. The EkoCure ANCORA F2 food label and packaging solution is also designed with dual-curing technology.

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More Valuable Insights Available:

Future Market Insights offers an unbiased analysis of the global UV LED printers market, providing historical data for 2018 to 2022 and forecast statistics from 2023 to 2033.

To understand opportunities in the UV LED printers market, the market is segmented on the basis of product (small & medium format and large format), and application (industrial, commercial & signage, and others) across five major regions (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa).

UV LED Printers Market Segmentation:

By Product:

Small & Medium Format
Large Formats

By Application:

Industrial
Commercial & Signage
Others

By Region:

North America
Latin America
Europe
Asia Pacific
Middle East & Africa

Authored By:

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Nandini Singh Sawlani

France Medical Tourism Market Envisages a Thriving 8.5% CAGR Expansion by 2032 | FMI

The France medical tourism market is projected to reach a valuation of US$ 4,592 Million in 2022. Sales are projected to increase at a CAGR of 8.5% through 2032.

Over the years, medical tourism in France has been rising due to presence of highly developed medical facilities and technologies. Patients opt for tretaments due to the fact that many medical procedures or operations are expensive and are not easily available in their native places.

Availability of advanced bariatric surgery, dental treatment, and high-quality cosmetic operations is creating conducive environment for the market players in France. The nation, which had previously prohibited medical travel, revived the industry in 2015 by transforming up to 40 facilities, including the American Hospital of Paris and Gustave Roussy Cancer Center, into world-class referral centers for patients from outside.

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Some of the important factors that have contributed to the expansion of the medical tourism business are decreased airfare, rising incomes in developing countries, and rising need for high-quality healthcare. The companies engaged in the area will profit from this, together with the French government’s goal of promoting the medical tourism industry.

Key Takeaways:

By treatment type, demand will remain high for orthopedic and cancer treatments in France tourism market during the forecast period.
Based on services, the therpeautics services segment will be most remunerative in the France medical tourism market through 2032.
By tour type, packaged traveller segment is likley to hold the largest revenue share of the France medical tourism market in 2032.
In terms of age group, 46 and 55 category is most likely to travel to France for medical tourism treatments over the assessment
Online booking remains the most preferrd booking channel by medical tourists.

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Key Players

The Hernia Institute Paris
Medifrance Solution
France Medical Access
Dr. Parisescu.
FAME Santé
Ribau & Garner
France Surgery
Medical Concierge France
SAM Medical France
Sonio
Ludocare
Charles.co
Axomove
Dynveo
MEDTECH
SILVER ECONOMY
Groupe Médical Santé
DIXI medical
Int’Air Medical
PrimaX Imagerie Médicale

Who is Winning?

Leading companies in the French medical tourism market are attempting to increase their revenue by providing all-inclusive packages to VIP clients. In addition to striving to further increase their presence, they are concentrated on expanding their service reach by bringing more healthcare institutions under their tent.

France Medical Tourism Market by Category

By Treatment Type:

Dental Treatment
Cosmetic Treatment
Cardiovascular Treatment
Orthopaedic Treatment
Neurological Treatment
Cancer Treatment
Fertility Treatment
Others

By Services:

Wellness Services
Therapeutic Services

By Tour Type:

Independent Traveller
Tour Group
Package Traveller

By Consumer Orientation:

Men
Women
Children

By Age Group:

15-25 Years
26-35 Years
36-45 Years
46-55 Years
66-75 Years

By Booking Channel:

Phone Booking
Online Booking
In-Person Booking

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.

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Nandini Singh Sawlani

Vehicle Surveillance Market Predicts 8.2% CAGR, Targets US$ 49 Billion by 2033

The vehicle surveillance market is expected to reach US$ 49 billion by 2033. Based on market forecasts, the market is expected to grow by 8.2% during the next decade. The market is expected to reach US$ 22.4 billion in 2023. As long as selected configurations are selected, surveillance and monitoring vehicles (SMVs) can detect suspicious objects over a 25-kilometer range regardless of adverse weather conditions. Surveillance vehicles provide flexible protection against intruders in areas that have a high demand for security, such as border lines, airports, coastal areas, and so on.

Vehicles equipped with surveillance equipment include EOS, radios, generators, and power sources. Customers’ requirements are taken into account when designing and manufacturing these vehicles, which eliminates the need to maintain a variety of vehicles that have different components.

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Depending on the vehicle type and available space, the vehicle systems can be installed in any vehicle design. Despite complete modifications, most vehicles still retain their basic outline, which keeps EOS well hidden. In addition to being modular and compact, the systems consume a relatively low amount of power due to their compact design.

Key Takeaways from the Market Study

The vehicle surveillance market experienced an absolute dollar growth of US$ 26.7 billion.
The industry of vehicle surveillance in the United States is projected to generate US$ 15.4 billion in revenues by the year 2033.
The commercial vehicle market is predicted to grow by 8.1% CAGR by 2033.
Asia Pacific is expected to generate a 24.6% market share of vehicle surveillance services by 2033.
Vehicle surveillance in the United Kingdom is expected to generate a 7.3% CAGR by 2033.
According to forecasts, the vehicle surveillance market in Japan will grow at a CAGR of 7.6% between 2023 and 2033.
Military and defense sectors are projected to grow at 8% CAGR by 2033.

Competitive Landscape:

Among vehicle surveillance products, there exists a highly competitive market. Many prominent companies are improving their manufacturing capability.
Key market developments are as follows:

In June 2023, Navnaval specialist Delhi began offering connected products such as GPS trackers, infotainment systems with built-in maps, and remote vehicle monitoring systems based on vision, which are suitable for fleet vehicles as well as personal vehicles. The Mappls mobile application can be used to trigger CarEye’s Live Surveillance feature, as well as to view the vehicle’s location and speed in real time. It enables remote monitoring of the vehicle’s surroundings with a 4G SIM card, which is especially useful when the vehicle is parked in an untrustworthy place. Live Surveillance is one of the unique features of the device, which separates it from other aftermarket dashboard cameras that are available.

In July 2023, Solaris completed another contract in Poland for the delivery of Urbino electric buses. Thirteen 12-meter buses and seven articulated buses have been delivered. Almost €16 million was spent on the contract, which was awarded following a tender. Co-funding for the project is provided by the National Fund for Environmental Protection and Water Management.

Major Key Players:

Magna International Inc.
Continental AG
Robert Bosch GmbH
Advantech Co., Ltd
IEI Integration Corp.
Innotec Solutions Pte Ltd.
Shyam Networks
W. Grainger, Inc.
Lanner Electronics Incorporated
EyeRide

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Get More Valuable Insights into the Vehicle Surveillance Market
Future Market Insights offers an unbiased analysis of the global vehicle surveillance market, providing historical data for 2018 to 2022 and forecast statistics from 2023 to 2033.
To understand opportunities in the vehicle surveillance market, the market is segmented on the basis of vehicle type, end-user industry, and region.

Segmentation Analysis of the Vehicle Surveillance Market

By Vehicle Type:
Passenger Vehicle
Commercial Vehicle

By End-User Industry:
Military and Defense
Government
Energy and Power
Automobile
Others

By Region:
North America
Latin America
Europe
Asia Pacific
Middle East & Africa

About Future Market Insights (FMI):

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Nandini Singh Sawlani

France Culinary Tourism Market Anticipates a Staggering US$ 161.94 Billion Valuation by 2033, Fueled by a 16.6% CAGR | FMI

The France culinary tourism market had a market value of US$ 29.9 billion in 2022, and it is predicted that it will grow at a CAGR of 16.6% from 2023 to 2033 to reach a market value of US$ 161.94 billion.

The renowned French cuisine consistently delights visitors from other countries. Fresh food, traditional dining customs, regional specialties, and a long culinary tradition. There are many wonderful reasons to travel and indulge in the best French cuisine.

France is renowned for its wineries and vineyards. The wine tourism sector in France is well-established, and visitor experiences differ from region to region. Millions of wine enthusiasts go to France each year to experience the amazing history, vineyards, and world-class wines of the nation. French wine regions provide a vast selection of wines manufactured from several native grape varieties.

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Visitors adore coming to the France wine area to partake in the wide variety of wine tourist attractions, which vary from simple wine tastings and vineyard tours to experiences during harvest. There is an increase in the number of culinary institutes around France with the growing popularity of cooking and the rise of the culinary business. A sizable number of cooking specialists are being drawn to culinary work chances by knowledge that cooking is a gender-neutral vocation and the propensity for cooking, thereby boosting the regional growth during the forecast period.

Key Takeaways from the Market Study

According to a survey from Future Market Insights (FMI), the market for culinary tourism in France was expected to reach a worth of US$ 16.18 billion in 2018.
Sales in the France culinary tourism market increased significantly between 2018 and 2022, with a CAGR of 9.5%.
Over 39.7% of the European market share in 2022 was accounted for by the online booking channel segment.
France’s numerous food festivals, which were hosted in 2022, accounted for over 43.8% of the gastronomic market in Europe.
International travelers accounted for 25% of the global culinary market in 2022 and 41% of the European culinary market.

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The key players in this market include:

Flag Travel Holidays
My French Voyage
Contiki
Provence Small Group Tours
Food N’ Wine Vacations
So Provence So Alps!
Blue-Roads Touring
Exodus Travels
Back-Roads Touring
Scenic Luxury Cruises & Tours
Avalon Waterways
A-ROSA
CroisiEurope River Cruises
Omega Tours
UTracks
Food N’ Wine Vacations

Key Segments Profiled in the France Culinary Tourism Market

By Activity Type:

Culinary Trials
Cooking Classes
Restaurants
Food Festivals
Others

By Booking Channel:

Phone Booking
Online Booking
In Person Booking

By Tourist Type:

Domestic
International

By Tour Type:

Independent Traveler
Package Traveler
Tour Group

By Consumer Orientation:

Men
Women

By Age Group:

15-25 Years
26-35 Years
36-45 Years
46-55 Years
66-75 Years

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