Emerging Trends in the Industrial Robotic Motors Market: Anticipated CAGR of 14% and Projected Valuation of US$ 4.6 Billion by 2033

The industrial robotic motors Market report, unveiled by Future Market Insights—an ESOMAR Certified Market Research and Consulting Firm—presents invaluable insights and meticulous analysis of the industrial robotic motors market. Encompassing the research’s scope and essence, this report scrupulously examines the driving factors, market size, and predictive data for industrial robotic motors. It furnishes intricate revenue and shipment segmentations, accompanied by a decade-long projection up to 2033. Additionally, the document evaluates key industry players, their market distribution, the competitive scenario, and regional perspectives.

The industrial robotic motors market is on the brink of a remarkable transformation, with projections indicating it will reach a staggering valuation of US$ 1.2 billion by the end of 2023. What makes this ascent even more impressive is the expectation of a meteoric Compound Annual Growth Rate (CAGR) of 14% throughout the forecast period from 2023 to 2033, ultimately propelling the market to an unprecedented US$ 4.6 billion by 2033.

The surge in the industrial robotic motors market can be attributed to a confluence of compelling driving factors, poised to reshape the global landscape:

  1. Automation Revolution: The unrelenting march toward automation across various industries is the linchpin of this market’s rapid growth. The relentless pursuit of efficiency and precision in manufacturing processes has been the catalyst for the increasing adoption of industrial robots, consequently driving the demand for cutting-edge robotic motors.
  2. Technological Advancements: Pioneering technological innovations in robotic motor design, such as the integration of smart sensors, enhanced power density, and superior energy efficiency, have unlocked new realms of possibilities in the world of automation. These breakthroughs have enabled industries to achieve previously unimaginable levels of productivity and precision.
  3. Economic Viability: The ever-improving cost-effectiveness of industrial robotic motors has tipped the scales in favor of widespread adoption. Businesses are now recognizing the long-term cost-saving potential of automation, further incentivizing investments in robotic motor solutions.
  4. Global Supply Chain Optimization: The quest for global supply chain optimization has driven the need for nimble and adaptable robotic systems. Industrial robotic motors are at the core of this revolution, providing the agility and scalability required to meet the demands of today’s interconnected world.

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However, amidst this exhilarating growth trajectory, there are notable restraints that necessitate consideration:

  1. High Initial Investment: While the long-term benefits of industrial robotic motors are undeniable, the initial investment required for procurement and integration can be substantial. This cost barrier can be a deterrent for some businesses, particularly smaller enterprises.
  2. Skilled Workforce: The successful implementation of industrial robotic systems demands a workforce skilled in robotics, automation, and maintenance. The shortage of qualified personnel poses a challenge to businesses looking to harness the full potential of these systems.
  3. Regulatory Compliance: The evolving landscape of regulations and safety standards in the field of robotics can pose compliance challenges for businesses, adding complexity to the adoption process.

Key Market Trends and Highlights

Surge in Collaborative Robots: The adoption of collaborative robots (cobots) is on the rise, propelling the demand for compact, high-precision motors. These motors play a pivotal role in ensuring the safe operation of cobots alongside human workers, underlining the significance of sensor-integrated motor technology.

Focus on Energy Efficiency: Energy efficiency stands as a paramount concern in the industrial robotics market. Manufacturers are actively developing motors with enhanced efficiency ratings to curtail operational costs and align with global environmental initiatives, emphasizing sustainability as a core value.

IoT Integration and Sensor Technology: Industrial robotic motors are rapidly integrating IoT capabilities, sensors, and predictive maintenance features. These advancements enable real-time monitoring and data collection, ultimately optimizing performance and minimizing downtime. This marks a critical leap towards smarter, more efficient robotic systems.

Customizable and Modular Solutions: Industries are increasingly seeking customizable and modular motor solutions to cater to specific application requirements. Modular motor designs offer unparalleled flexibility, empowering manufacturers to configure robotic systems that adapt seamlessly to evolving production needs. This trend underscores the industry’s commitment to adaptability and efficiency.

The ongoing need for non-delay operations in a number of industries, in the view of rising product demand and shrinking workforce, has led to an incessant rise in the adoption of robotic technology, and the result is likely to lead to an increased demand for industrial robotic motors, according to the FMI analyst.

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Competitive Landscape

Leading enterprises in the global industrial robotic motors market are dedicated to the integration of cutting-edge technologies into their automation solutions, aimed at streamlining and enhancing manufacturing processes. Simultaneously, other prominent firms are actively engaging in collaborative efforts, including alliances, mergers, and strategic partnerships, to advance the development of robot arm motors.

Key Players:

  • ABB Group
  • Nidec Corporation
  • FAULHABER Group
  • PMDM Group
  • HDD
  • Aurotek Corporation
  • Kollmorgen
  • Fanuc Corporation

In February 2022, Comau and IUVO unveiled wearable robotics products with the objective of improving operator efficiency during manual load transfers. This innovative approach seeks to enhance worker health by reducing lower back fatigue.

In January 2022, Yaskawa Electric Corporation further bolstered its presence in the sealing system and robotic painting markets by acquiring additional holdings in Doolim-Yaskawa Co., Ltd. These strategic moves exemplify the industry’s commitment to innovation and expansion.

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Industrial Robotic Motors Market by Category

Motor Type:

  • Servo Motor
  • DC Motor
  • Stepper Motor

Robot Type:

  • SCARA Robot
  • Delta Robot
  • Cartesian/Gantry Robot
  • Articulated Robot
  • Collaborative Robot
  • Dual Arm Robot

Fit Type:

  • First Fit
  • Retro Fit

Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • South Asia & Pacific
  • East Asia
  • The Middle East & Africa

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Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Cognitive Systems Spending Market to Register a Stellar Growth Rate of CAGR of 14.6% During 2016 – 2026

The US$ 5.49 Billion global cognitive systems spending market will witness a massive hike in the revenues, reaching a whopping US$ 21.46 Bn by the end of 2026. Over the 10-year assessment period 2016-2026, the global cognitive systems spending market will expand at a healthy CAGR of 14.6%, gaining a healthy incremental opportunity of over US$ 15 Billion.”

– Future Market Insights

The advent of technology has created an inevitable need for human-machine communication that increasingly compels individual users as well as enterprises to employ machine intelligence for better, facilitated, and organised work. This, being the most prominent factor driving the cognitive systems spending, Future Market Insights identifies few other key influencers associated with the growth of cognitive systems spending market assessed for the next decade.

  • Cognitive technology has been undergoing constant evolution, fuelling the demand in various end-use sectors.
  • Following developed market, developing regions are increasingly augmenting their IT spending on cognitive systems, which will be one of the predominant factors uplifting the cognitive systems spending in emerging economies.
  • As adoption of intelligent Personal Assistants is surging, the applications of Natural Language processing technology is also likely to experience a significant rise in terms of sales revenues.

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In a recent market outlook titled “Cognitive Systems Spending: Global Industry Analysis and Opportunity Assessment, 2016–2026,” Future Market Insights throws light on all the critical factors related to current market condition and future prospects. The report offers detailed insights into all the market segments, including regional analysis.

Regional analysis reflects emergence of developing markets

North America will continue to hold the strongest foothold in the global market with around 65% market value share in 2026. This US$ 3.5 Bn regional market is anticipated to attain a value of US$ 13.83 Bn by the end of 2026, followed by Western Europe, Latin America, and APEJ.

Emerging countries are expected to witness evident growth throughout the assessed period. Latin America will demonstrate the fastest CAGR of 15%, primarily driven by the market growth in Brazil and Mexico. From around S$ 500 Mn at the beginning of the forecast, this region will reportedly reach beyond US$ 2 Bn by the end of the period. Japan and APEJ are also anticipated to expand at the respective CAGRs of 14.9% and 14.8%.

Regional market drivers

  • Soaring commercialisation of predictive analytics within North America (especially the U.S.) will remain the key driver to North America’s market growth.
  • Rapidly proliferating demand for cognitive systems in healthcare sector and substantial adoption of Natural Language processing cognitive technology are expected to be responsible for Latin America’s growth. Moreover, consistent innovation in the comprehension economy will further push the market for cognitive systems analytics in Latin America.
  • Favourable government initiatives and increasing IT spending on cognitive systems will foster the APEJ market.
  • Towering adoption of cognitive systems for personalized learning, coupled with growing popularity of predictive analytics will continue to accelerate the Japanese market.

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Segmentation analysis based on product type, technology, deployment, and application

By product type, services will be the largest and fastest growing segment with over US$ 12 Bn revenues estimated for 2026 end. While this segment is likely to expand at an impressive 15.1% CAGR, it will hold over 58% value share in 2026, gaining 250 BPS over the period of forecast. Software will remain the second largest segment with over US$ 5 Bn revenues in 2026, accounting for over 25% share.

On the basis of technology, Natural Language processing segment is expected to continue preeminence and surpass a value of US$ 13 Bn by the end of 2026, gaining nearly 1000 BPS during the forecast period. This segment will grow at a CAGR of over 16% and capture more than 60% share of the total market revenues in 2026. Automated reasoning, followed by machine learning segment, will represent decent growth in revenues, accounting for over 20% and over 19% of the market value towards the close of 2026, respectively.

Based on deployment, on-premise will remain the leading segment with over 66% market value share by the end of the assessment period, surpassing US$ 14 Bn in values. While this segment will possibly register a robust CAGR of 14.9%, public segment is also likely to witness significant expansion at a 14% CAGR over 2016-2026.

By application, banking segment will attain over US$ 6 Bn revenues in 2026, contributing more than 28% share to the entire market revenues. Healthcare segment will witness the highest CAGR of 15.8%, reaching around US$ 4 Bn that will reportedly account for over 17% share in 2026 market value. Insurance will remain the third largest application segment.

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Companies heating up the market competition

  • New product launches based on technological advancements continue to take the centre stage for key players.
  • Competitive pricing will be the key to enhanced sales revenues and better market position over the next few years.
  • M&A will remain one of the prominent growth strategies among leading companies.

While International Business Machines Corp (IBM) continues to rule the roost with almost 54% market revenue share, Accenture Plc., HP Inc., Microsoft, and Intel Corporation are experiencing intense competition on the global market landscape. Attivio, Wipro Limited, COGNITIVE SCALE, and IPSOFT INC. are also among the key market players partaking in the heating competition. Among these, IBM, HP, and COGNITIVE SCALE have a strong application presence in banking, healthcare, education, manufacturing, retailing, and security. Other notable players include EMC, Alteryx, SE, DtaStax, Hortonworks, Teradata, Cloudera, and Continnum Analytics.

Author:

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 a consumer electronics will likely remain the leading end-use sector cross 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:      

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Future Market Insights Inc.
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T: +1-845-579-5705
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Africa LED & OLED Displays and Lighting Products Market Shines Bright with 17.8% CAGR Growth

The Africa LED and OLED displays and lighting products market, once valued at US$ 684.9 million in 2015, is now set to illuminate the region with a remarkable projected Compound Annual Growth Rate (CAGR) of 17.8% during the forecast period of 2016–2026. The market’s glowing future is attributed to the increasing government support and the introduction of new government projects for LED lighting, creating a radiant path for the lighting products market in Africa.

Africa LED & OLED displays and lighting products market consisted of 30.9 million units. Fast forward to 2026, and it is poised to shine even brighter, with an expected market volume of 206.7 million units. The light-emitting diode (LED) technology is at the heart of this luminous transformation, being one of the most energy-efficient and rapidly-evolving lighting technologies.

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Displays and lighting products are the two categories used to classify the market for LED and OLED products in Africa. The market is further divided into mobile displays, consumer TV displays, and outdoor LED displays based on display types. The African market is divided into sections based on product type and uses for lighting goods. The market is further divided into LED bulbs, bare LED tubes, LED fixtures, and solar LED lighting based on the kind of product. Street lighting, down lighting, garden lighting, ceiling lighting, ornamental and portable lighting, and other types of lighting are some of the applications that the industry is divided into.

Market highlights

  • The consumer TV displays sub-segment was valued at US$ 130.2 Mn in 2015 and is anticipated to register a CAGR of 18.8% during the forecast period. The introduction of off-grid solar-powered television for rural areas of the African region is expected to drive the growth of this market during the forecast period.
  • The LED bulbs sub-segment accounted for the highest market share and was valued at US$ 193.9 Mn in 2015. However, the solar LED lighting sub-segment is expected to register a healthy CAGR of 28.6% during the forecast period.
  • Among applications, the street lighting segment accounted for the highest market share in 2015, occupying 37.6% share of the African lighting products market.

Competitive Landscape – Regional Trends The competitive landscape of this market is characterized by regional trends. Different African countries are embracing LED and OLED lighting solutions at varying paces, influenced by factors such as economic development, infrastructure projects, and energy conservation efforts. It is essential for market players to tailor their strategies to align with the unique dynamics and demands of each region.

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Restraints While the Africa LED and OLED displays and lighting products market exhibit significant potential, it is not without its challenges. These include issues related to affordability and accessibility, particularly in less economically developed regions. Additionally, the market faces competition from traditional lighting technologies, which still have a presence in certain segments. Overcoming these barriers will be crucial for sustained market growth.

Region-wise Insights – Category-wise Insights For a more comprehensive understanding of the market, it is essential to analyze regional and category-specific trends. These insights will help stakeholders make informed decisions and capitalize on growth opportunities in specific areas and product segments.

Author:

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 a consumer electronics will likely remain the leading end-use sector cross 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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Middle East LED & OLED Lighting Products and Displays Market Set for Steady Growth

The growing acceptance of LED lighting solutions across a range of end-use industries has resulted in significant development in the global market for LED and OLED lighting products and displays in recent years. Light-emitting diode goods, or LED lights, have become a cutting-edge kind of semiconductor illumination. These devices have been widely used in many different industries, such as backlighting, general illumination, and automotive lighting.

The popularity of LED lighting is growing in outdoor spaces as well as in commercial, residential, and industrial structures. The adoption of LED technology has become remarkably widespread due to its many benefits over conventional lighting options.

Key features such as an extended lifespan, exceptional energy efficiency, environmental friendliness, high durability, minimal heat generation, and compact size have positioned LED lights as the go-to choice for modern lighting needs.

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Key Takeaways:

  • The global LED and OLED Lighting Products and Displays Market is experiencing robust growth, driven by environmental concerns and energy efficiency demands.
  • LED technology’s superior features, such as longevity and energy efficiency, are accelerating the shift away from traditional lighting solutions.
  • Asia-Pacific leads in LED production and consumption, while North America and Europe are key markets driven by regulatory measures.
  • Smart lighting solutions and IoT integration offer promising growth opportunities in the market.
  • High initial costs and competitive pricing are the primary restraints in the industry.

Drivers and Opportunities:

The LED and OLED Lighting Products and Displays Market is poised for continued growth, with several driving factors fueling its expansion. Firstly, the growing environmental consciousness among consumers and businesses alike has spurred the demand for energy-efficient lighting solutions, aligning perfectly with LED technology’s capabilities.

Furthermore, regulatory initiatives worldwide aimed at phasing out energy-inefficient lighting sources have created a conducive environment for LED adoption. In addition to environmental benefits, cost savings over the long run have also contributed to the widespread adoption of LED lighting in both residential and commercial sectors.

Opportunities in this market are abundant, especially in the realm of smart lighting solutions, where LED technology plays a pivotal role. The integration of LEDs with IoT (Internet of Things) platforms enables remote control, customization, and energy management, further boosting the market’s potential for growth.

Competitive Landscape – Regional Trends:

The competitive landscape of the LED and OLED Lighting Products and Displays Market is dynamic and regionally diverse. Asia-Pacific has emerged as a prominent hub for LED manufacturing, with China and South Korea leading the way. These countries are not only major producers but also consumers of LED products, driven by the region’s rapid industrialization and urbanization.

In North America and Europe, stringent regulations and energy conservation efforts have fueled the adoption of LED lighting solutions. Additionally, the development of OLED displays for various applications, including smartphones and televisions, has expanded the market’s horizons.

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Restraints:

Despite the promising growth, the market faces certain restraints. High initial costs, especially for advanced LED solutions and OLED displays, can deter widespread adoption, particularly in emerging economies. Additionally, the market’s competitive nature has led to price wars, impacting the profit margins of manufacturers.

Region-wise Insights – Category-wise Insights:

Regionally, Asia-Pacific dominates the LED and OLED Lighting Products and Displays Market, while North America and Europe also hold significant market shares. In terms of product categories, LED lighting solutions continue to dominate the market, with OLED displays gaining traction in consumer electronics.

Key Segment

LED & OLED Lighting Products:

  • By Product Type
  • Solar
  • Conventional
  • Linear and Strips
  • Lamps and Bulbs
  • By End Use
  • Residential
  • Commercial

Key Regions/Countries Covered:

  • GCC
  • UAE
  • KSA
  • Qatar
  • Oman
  • Bahrain
  • Kuwait
  • Levant
  • Turkey
  • Israel
  • Egypt
  • Jordan
  • Lebanon
  • Syria
  • Iraq
  • Palestine
  • Cyprus

LED & OLED Display Market:

  • By Product Type
  • Mobile display
  • AMOLED
  • OLED
  • LCD
  • Consumer TV display
  • LCD
  • Plasma
  • LED
  • OLED
  • AMOLED
  • Outdoor LED display
  • LED Billboards
  • Perimeter LED Boards
  • LED Mobile Panels
  • LED Traffic Lights
  • LED Video Walls

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Author:

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 a consumer electronics will likely remain the leading end-use sector cross 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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North America and Europe Retail Automation Market to Reach $43.78 Billion by 2033

The North America and Europe retail automation market is set to experience significant growth, with a projected CAGR of 9.6% from 2023 to 2033, ultimately reaching a valuation of US$ 43.78 billion by 2033. In 2023, the market is estimated to be worth US$ 17.45 billion.

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Key Takeaways:

  • The North America and Europe retail automation market is projected to grow at a CAGR of 9.6% from 2023 to 2033, reaching a value of US$ 43.78 billion by 2033.
  • Emerging trends such as visual merchandising, planograms, and big data integration are driving demand for automated services in the retail sector.
  • Automation offers benefits such as streamlined business operations, efficient supply chains, and faster sales processes, leading to increased retailer revenues.
  • The competitive landscape is characterized by innovation and strategic partnerships, with a focus on scalability and customization.
  • Challenges include data security concerns, initial investment requirements, and the need for workforce upskilling.

Start-up Ecosystem:

When creating a new startup, there are many factors to take into account, including how to validate your idea, where to find funding, and what features the product should have.

  • Sequoia Capital led Series F investment round at Faire, the online wholesale marketplace that connects more than 200,000 retailers in North America and Europe with 20,000 brands from over 80 countries, closed for $260 million. The funding values Faire at $7 billion, nearly tripling its previous valuation of $2.5 billion announced just over six months ago.
  • Grabango, a pioneer in checkout-free technology for grocery and convenience stores already in operation, revealed that it had secured $39 million in Series B funding.
  • Stackline, a Seattle-based technology company that creates subscription-based ecommerce tools for thousands of the biggest consumer brands and retailers, today announced that TA Associates, a top global growth private equity firm, has made a $130 million strategic investment in the company.
  • A strategic partnership between Mastercard and CleverCards has been established to increase the use of digital cards throughout Europe. The agreement comes as CleverCards joins Mastercard’s Fintech Express programme, enabling CleverCards to streamline the payments value chain across Europe and enable businesses to instantly pay anyone, anywhere, at any time.

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Competitive Landscape:

Some of the leading players in the North America and Europe retail automation market are electronic firms like Seiko Epson, Fujitsu, First Data Corp., Siemens, Toshiba, and Wincor Nixdorf. Since the majority of these ICT companies have their headquarters in Europe, the continent serves as a reliable foundation for new businesses and manufacturers in the retail automation industry.

Restraints:

While the North America and Europe retail automation market show immense promise, certain challenges must be navigated. These include concerns related to data security, the initial investment required for automation implementation, and the need for workforce upskilling to operate advanced automated systems. Overcoming these barriers will be essential to unlock the full potential of the retail automation market in this region.

Region-wise Insights – Category-wise Insights:

Within North America and Europe, specific regions and categories exhibit varying degrees of adoption and growth in retail automation. Market dynamics and consumer preferences can differ significantly between regions and product categories. In-depth analysis is essential to tailor automation strategies to specific geographic areas and product segments, ensuring maximum impact and returns.

Key Segmentation

By Geographic Segmentation:

  • North America (sub-segmented into the United States, Canada & others)
  • Europe (sub-segmented into Spain, France, the United Kingdom & others)

By Operator Type Segmentation:

  • Unattended Terminals
  • Human-Operated Terminals

By Product Segmentation:

  • Currency Counter
  • Barcode Reader
  • Bill Printer
  • Cash Counter
  • Cash Register
  • Card Reader
  • Self-Checkout System
  • Weight Scale
  • Kiosks/Vending Machine
  • Others

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Author:

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 a consumer electronics will likely remain the leading end-use sector cross 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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Commercial Aircraft Video Surveillance Systems Market Share: Projected to Reach US$ 299.32 Million by 2033

In 2023, the Commercial Aircraft Video Surveillance Systems Market Share is anticipated to be worth US$178.59 million. The market has expanded quickly in recent years, and this expansion is projected to persist over the forecast period. As a result, this market is anticipated to generate US$ 299.32 million globally by 2033, representing a CAGR of 5.3% from 2023 to 2033.

Key Takeaways

  • The market in the United States has grown significantly and is expected to register a 3.9% CAGR until 2033.
  • The market in China is expected to register a CAGR of 6.4% over the forecast period.
  • The market in the United Kingdom is anticipated to record a CAGR of 4% through 2033.
  • With a CAGR of 9.3% over the forecast period, India is predicted to grow rapidly in the market.
  • The market in Germany is anticipated register a 3.1% CAGR through 2033.

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Commercial aircraft video surveillance systems are technologically advanced monitoring tools used to keep tabs on an aircraft’s exterior, interior, and security operations. They are made up of transmission, control, and display systems, as well as cameras, control panels, and cabin architecture. They are often utilized for a variety of tasks, including passenger safety, cockpit monitoring, aircraft refueling, cabin observation, and ground support operations.

During takeoff and landing, commercial aviation video surveillance systems are utilized to provide live footage of aircraft activity. These solutions help with situation awareness, better flight management, incident recording for proof, productivity boosts, and cost-effectiveness. They are so often utilized in business jets, wide-body aircraft, and narrow-body aircraft.

A good picture of the market is being created by the rise in terrorist threats and assaults, as well as the rise in significant unlawful activities worldwide. The detection of terrorist activities and air-rage incidents using commercial airplane video surveillance systems is common, which helps inflight management. Hence, the market expansion is being aided by the broad product acceptance brought on by the rise in air travel passengers and the demand for travel security solutions.

Every airline operating service is required by international aviation regulatory organizations to equip their aircraft with a video surveillance system. The aircraft video surveillance system must now be tested for functionality as part of the pre-flight inspection that is required by the International Civil Aviation Organization. The need for commercial aircraft video surveillance systems has increased due to the existence of rigorous regulations by regulatory agencies.

Several product advancements, including the release of portable and modern video surveillance systems that are little and discreet for security purposes, are also boosting market expansion. The extensive use of the product in wide-body and big aircraft to start the international commerce of valuable cargo is also contributing to the market’s expansion. The market is expected to continue to grow as a result of additional factors, including considerable research and development efforts and the adoption of several government initiatives to improve passenger safety.

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Commercial aircraft video surveillance system sales are primarily concentrated in North America. The huge civil aviation business in this region, along with the growing threats from extremist organizations to passenger and cargo planes, has led to an increase in demand for commercial aircraft video surveillance systems in the aviation industry there.

Competitive Landscape

The top manufacturers of the commercial aviation video surveillance systems market are Securaplane Technologies Inc. (Meggitt PLC), UTC Aerospace System, Airbus, AD Aerospace, Global Airworks, Inc., Latecoere Group, navAero AB, Orbit Technologies Ltd, CABIN AVIONICS LIMITED, Kappa Optronics GmbH, and others.

To improve the safety and security of passengers and crew, manufacturers in the commercial aircraft video surveillance systems market are concentrating on creating modern camera systems with greater resolution and powerful analytics capabilities. Moreover, they are fusing these systems with other onboard technology to boost the overall performance and operational effectiveness of the aircraft. To address the rising need for video surveillance systems in the aviation industry, manufacturers are also developing their global footprint through partnerships and collaborations with airlines and aviation service providers.

Recent Developments

Honeywell International Inc. announced the introduction of its new UV Treatment System for Aircraft in December 2020. This technology, which might be utilized in combination with Honeywell’s surveillance systems, employs UV light to disinfect airplane cabins.

A renowned provider of in-flight entertainment and communication systems, Panasonic Avionics Corporation, announced the introduction of its new NEXT In-Flight Entertainment and Connectivity (IFEC) platform in June 2020. High-definition video, tailored content recommendations and enhanced connection are just a few of the benefits that this platform offers to improve the traveler experience.

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Commercial Aircraft Video Surveillance Systems Market by Category

By Aircraft Type:

  • Narrow Body
  • Widebody
  • Regional Jets
  • Turboprop

By Product Type:

  • Cabin Surveillance System
  • Cargo Surveillance System
  • Cockpit Access Surveillance System
  • Ground Maneuvering Camera System

By Application:

  • Personal and Passenger
  • Logistics and Cargo

By Assembly:

  • Retro Fit
  • Line fit

By Region:

  • North America
  • Latin America
  • South Asia
  • East Asia
  • Oceania
  • The Middle East and Africa
  • Europe

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,
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T: +1-845-579-5705
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Anticipated Surge in the Global Excavators Market Demand: Projected CAGR of 5.2% from 2023 to 2033

The global excavators market demand is anticipated to register considerable growth, exhibiting a CAGR of 5.2% from 2023 to 2033. According to the research report published by FMI, the market is likely to hit a valuation of US$ 74.27 billion in 2023 and US$ 123.30 billion by 2033.

Key Takeaways from Excavators Market Report:

  • In 2018, the global market size stood at nearly US$ 57.64 billion.
  • Asia Pacific held the dominant share with a revenue of more than 41% in 2022. The region is likely to register a CAGR of 5.8% from 2023 to 2033.
  • The electric drive type segment is poised to exhibit a CAGR of 14.5% during the forecast period.
  • The excavators with up to 250 HP registered a huge market share nearly 70% in 2022. This segment is predicted to exhibit a CAGR of approximately 5.8% from 2023 to 2033.
  • The excavators weighing 46 > metric tons captured a massive 35% market share in 2022.
  • The wheeled excavator segment accounted for a revenue of nearly 72.6% in 2022.

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The construction industry is being fueled by the rising urbanization of both developing and developed countries. As a result, there is a growing need for heavy-duty machinery in the construction sector. Excavators are frequently used in small-scale building, agriculture, forestry, and other operations. They are also employed in mining and sewage disposal applications. Many different types of soil can be dug up with excavators. In these applications, excavators are capable of carrying out a wide range of demanding tasks.

Excavators are predicted to become more and more in demand as infrastructure projects and smart city construction pick up in countries like China, South Korea, India, and Japan. The expansion of mining operations in China, Vietnam, and Thailand is also anticipated to increase product sales. Asia Pacific’s market growth is projected to be facilitated by the presence of major industry players and their evolving business expansion strategies. Market growth is predicted to be boosted by the increased investments in megaprojects across developing countries.

The introduction of electric excavators and small excavators with cutting-edge technology is anticipated to open up investment potentials in the industry. Furthermore, the electrification of drivetrains to reduce carbon emissions is likely to contribute to product sales. The adoption of automated excavators is likely to augment in the coming years.

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Recent Development Observed by FMI:

  • Tata Hitachi unveiled ZX670H, a new mining excavator, in March 2023. The machine is made in India and is designed to have excellent levels of comfort, safety, and longevity while requiring less maintenance.
  • In January 2021, Hyundai Construction Equipment introduced a new line of excavators. The eleven new excavators, which range in class from 8 tonnes to 50 tonnes, are introduced as part of the SMART PLUS series. The new launch aims to improve the company’s international positioning.
  • In September 2022, Schwing Stetter introduced the two new hydraulic wheel loaders and excavators from XCMG. The business is continuously enhancing its market presence and has aspirations to broaden its reach globally.

Key Players in the Excavators Market Report:      

Atlas Copco, Caterpillar Inc., CNH Global NV, Doosan, Escorts Group, Hitachi Construction Machinery, Hyundai Heavy Industries Ltd, JC Bamford Excavators Ltd., John Deere, Kobelco, Komatsu Ltd., Liebherr-International AG, Manitou Group, Mitsubishi, Sany Heavy Industries Co Ltd., Sumitomo Heavy Industries Ltd, Terex Corporation, Volvo Construction Equipment AB.

Excavators Market Segmentation

By Vehicle Weight:

  • < 10
  • 11 to 45
  • 46 >

By Engine Capacity:

  • up to 250 HP
  • 250 to 500 HP

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By Type:

  • Wheel
  • Crawler

By Drive Type:

  • Electric
  • ICE

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

About Future Market Insights (FMI) 

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Weigh-in-Motion Systems Market Size Set to Reach US$ 2.55 Billion by 2032 with a CAGR of 10.3%

During the projected period, the demand for weigh-in-motion systems is predicted to grow at a moderate CAGR of 10.3%. The global weigh-in-motion systems market size is expected to generate US$ 1.04 billion in sales in 2022 and US$ 2.55 billion by 2032.

Key Takeaways

  • Players such as Q-Free, International Road Dynamics, Kapsch Trafficcom, Kistler, TE Connectivity, SWARCO, FLIR Systems, and Siemens dominate the weigh-in-motion systems
  • The weigh-in-motion systems market is anticipated to be led by Europe.
  • By 2029, the Highway Toll sector is anticipated to account for the greatest share of the weigh-in-motion systems
  • The rising number of heavy-duty trucks and technological advancements in weighing systems bode well for the North American weigh in weigh-in-motion systems market share throughout the forecast period.

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Over the forecast period, the weigh-in-motion systems market outlook is expected to be driven by the rapid increase in the number of vehicles and the resulting increased demand for faster, more accurate, autonomous, and efficient weighing systems. In the future, more and more people are forecasted to use weighing products thanks to developments in the industry that allow for faster detection of vehicles that are overloaded and more affordable traffic monitoring and analysis.

Weigh-in-motion systems are expected to become increasingly popular as new forms of traffic congestion arise as public and commercial sectors work together to improve transportation systems’ environmental impact reduction, safety, and productivity. The state of Idaho paid $2.2 million to International Road Dynamics Inc. in September 2021 so that they could supply and implement an electronic pre-clearance and weigh-in-motion systems. This change is likely to decrease emissions of greenhouse gases and traffic at weigh stations while increasing screening efficiency for commercial vehicles.

Weigh-in-motion systems also have other advantages, such as thorough reporting, increased productivity, and full integration, which together make it much simpler to weigh enormous, heavy haul trucks and trains. This, along with widespread implementation of these systems in industries including transportation, forestry, waste management, demolition and excavation, agriculture, port operations, mining, and building, is expected to drive the weigh-in-motion systems market outlook.

Weigh-in-motion systems market expansion is predicted to be stymied by factors including hefty initial investments and stringent installation requirements for nonintrusive weigh-in-motion sensors. As a result of technological advancements in industry, the transit of commercial heavy vehicles is growing at a staggering rate. The installation of a weigh-in-motion system is essential for traffic management and the oversight of regulatory compliance.

Manufacturers are investing heavily in R&D to increase their standing in the worldwide W weigh-in-motion systems market as technology improves. They are working to increase the performance of the weigh-in-motion system by using strain gauge sensors, fibre optic weigh-in-motion sensors, and fibre Bragg grating sensors. As a result, demand for weigh-in-motion systems increases over the world.

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Competitive Landscape

Leaders in the weigh-in-motion systems market are consolidating and teaming up to increase their share of the industry and their bottom lines.

Kapsch TrafficCom AG, Q-free, Mettler Toledo, Avery Weigh – Tronix, TE Connectivity, International Road Dynamics, Kistler, Transcore Reno A&E, Axis Communications, EFKON, International Road Dynamics Inc, SWARCO AG, FLIR Systems, Raytheon Company, Sensys Networks Inc, LeddarTech Inc, Crooss Zlin, and SICK AG are just some of the major players in the weigh-in-motion systems market.

Recent Developments

  • Kistler began selling low-outgassing cables in May 2021 for their titanium housing piezoelectric accelerometers used in astronomical research.
  • Q-contracts Free’s with the Georgia Department of Transportation (DOT) were extended to include enhancements to Kinetic Signals in April 2021.1
  • SWARCO AG introduced its new urban mobility management software, MyCity 1.0, in April 2021 with the goal of creating smarter, greener cities.
  • Kapsch TrafficCom was tasked by the Norwegian Public Road Administration to install a new Multi-Lane Free-Flow (MLFF) tolling system in Ryfast, Norway in March 2021.
  • International Road Dynamics was awarded a five-year, up to $13 million maintenance and upgrade contract by the New York State Department of Transportation in March 2021.
  • Commercial vehicle weight enforcement industrial scales in Ukraine have used Intercomp WIM sensors since February 2021. These weigh-in-motion sensors are integrated into the country’s high-speed Weigh-In-Motion systems.

Key Segments

By Component:

  • Hardware
  • Sensor Array
  • Control & Measurement Systems
  • Processing & Reporting Systems
  • Support Devices & Infrastructure
  • Software

By Technology:

  • Load Cell
  • Strain Gauge Strip
  • Bending Plate
  • Piezoelectric Sensor

By Installation:

  • Weigh Bridge System
  • Onboard System
  • Pavement/In-road System

By End User:

  • Roadways
  • Railways
  • Ports & Logistic Hubs
  • Process Industries
  • Aviation

By Application Speed:

  • Low Speed (<15 Km/hr)
  • High Speed (>15 km/hr)

By Region:

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

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
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Global Ioversol Market Set to Reach US$ 919.6 Million by 2032 with a 7.0% CAGR Growth from 2022 to 2032

According to Future Market Insights’ latest market study, the global loversol market is projected to reach a value of US$ 467.5 million in 2022, with a forecasted compound annual growth rate (CAGR) of 7.0% anticipated between 2022 and 2032. This robust growth indicates a promising trajectory for the Ioversol market over the next decade, driven by increasing demand and advancements in the healthcare and diagnostic industries.

Ioversol is a high-value contrast agent used in medical imaging, primarily in radiology and diagnostic procedures. It belongs to a class of compounds known as non-ionic iodinated contrast media, which are essential tools in modern healthcare for enhancing the visibility of blood vessels and organs during various imaging procedures.

The global ioversol market has experienced steady growth over the years due to the increasing demand for diagnostic imaging services and the rising prevalence of various medical conditions that require accurate diagnosis and monitoring.

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Key Market Drivers:

  1. Growing Diagnostic Imaging Procedures: The Ioversol market has witnessed consistent growth due to the increasing number of diagnostic imaging procedures. These procedures are crucial for early disease detection and monitoring, which is essential for improving patient outcomes. As healthcare providers adopt advanced imaging technologies, the demand for contrast agents like ioversol continues to rise.
  2. Rising Incidence of Chronic Diseases: Chronic diseases such as heart disease, cancer, and kidney disorders are on the rise globally. These conditions often require frequent imaging for diagnosis and treatment planning. Ioversol is frequently used in cardiac angiography, CT scans, and other imaging procedures to provide clear and accurate results, driving its demand.
  3. Advancements in Healthcare Infrastructure: The continuous improvement in healthcare infrastructure and access to medical services in emerging economies is bolstering the ioversol market. As more hospitals and clinics invest in state-of-the-art imaging equipment, the need for contrast agents like ioversol increases.

Key Companies Profiled in the Ioversol Market 

  • Liebel-Flarsheim Company LLC
  • Guerbet
  • Jiangsu Hengrui Medicine Co.
  • Mallinckrodt Pharmaceuticals
  • Ultraject
  • China Resources Pharmaceutical Co.
  • HB Ocean
  • Changzhou Highassay Chemical Co., Ltd.
  • Novalek Pharmaceuticals Pvt. Ltd
  • Stellence Pharmscience Pvt. Ltd.
  • A.S. Joshi & Company

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Ioversol Market Segmentation

By Type

  • Ioversol 34% Injectable Solution (Optiray 160)
  • Ioversol 51% Injectable Solution (Optiray 240)
  • Ioversol 64% Injectable Solution (Optiray 300)
  • Ioversol 68% Injectable Solution (Optiray 320)
  • Ioversol 74% Injectable Solution (Optiray 350)

By Packaging

  • Vials
  • Bottles
  • Hand-Held Syringes
  • Power Injector Syringes

By Application

  • X-ray
  • CT scan
  • Radiological & Diagnostic Examinations
  • Angiography
  • Urography
  • Computed Tomographic Scans
  • Others.

By Region

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of 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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Future Market Insights Inc.
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T: +1-845-579-5705
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Polycrystalline Silicon Market Set to Soar, Expected to Reach US$ 15.22 Billion by 2032

The global polycrystalline silicon market is on a robust growth trajectory, with a projected impressive compound annual growth rate (CAGR) of 11.20% throughout the forecast period. In 2022, the market is valued at US$ 9.35 Billion, and it is poised to soar to a significant high of US$ 15.22 Billion by 2032. Historical data from Future Market Insights reveals a market valuation of US$ 8.9 Billion, underscoring the market’s substantial evolution and potential for continued expansion in the coming years.

Polycrystalline silicon, also known as polysilicon or simply “polysilicon,” plays a pivotal role in the production of solar cells, semiconductors, and other advanced technologies. As the global demand for renewable energy sources and electronic devices continues to rise, the polycrystalline silicon market is undergoing significant growth and innovation.

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Key Market Drivers:

  1. Growing Solar Energy Demand: The global shift toward clean and sustainable energy sources has led to a surge in demand for solar panels, which rely on polycrystalline silicon for their production.
  2. Technological Advancements: Ongoing research and development efforts have led to improvements in the efficiency of polycrystalline silicon solar cells, making them more cost-effective and attractive to consumers.
  3. Government Incentives: Many governments worldwide offer incentives, such as tax credits and subsidies, to promote the adoption of solar energy, thereby stimulating the polycrystalline silicon market.
  4. Electronics Industry: Polycrystalline silicon is also used in the semiconductor industry, supporting the ever-growing demand for electronic devices.

Global Polycrystalline Silicon Market: Key Players

Some of the key players identified in the global polycrystalline silicon market include:

  • Hemlock Semiconductor Group
  • GCL-Poly Energy Holdings Limited
  • M.SETEK Co.Ltd.
  • LDK Solar Co. Ltd.
  • Tokuyama Corporation
  • SunEdison Inc.
  • REC Silicon ASA
  • Daqo New Energy Corp
  • Wacker Chemie AG
  • OCI Company Limited

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Global Polycrystalline Silicon Market: Segmentation

On the basis of polycrystalline silicon purity

  • 4N
  • 6N
  • 9N
  • 11N

On the basis of polycrystalline silicon form

  • Granules
  • Rods
  • Chunk

On the basis of end-use

  • Semiconductor
  • Solar Photovoltaic (PV)

By Region

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of 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  

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
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T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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