Market Research Blog

In 2022, the market for LED modules and light engines is anticipated to be worth US$ 39,876.4 Million. Due to their wide range of applications, from the industrial to residential sectors, LED modules and light engines as a market have gained traction recently.

Devices with LEDs on printed circuit boards and driver ICs are referred to as LED modules and Light Engines, respectively. The total demand for LED Modules and Light Engines is anticipated to reach around US$ 115,729.3 Million by 2032, growing at a CAGR of 11.2% between 2022 and 2032. Sales increased significantly between 2016 and 2021, registering a CAGR of 10.2%.

The LED Modules and Light Engines Market refers to the market for lighting solutions that use Light Emitting Diodes (LEDs) as a source of light. LED modules and light engines are used in a variety of lighting applications such as residential, commercial, and industrial lighting, as well as in outdoor lighting for public spaces and street lighting.

The market for LED modules and light engines is driven by the increasing demand for energy-efficient lighting solutions that offer better quality of light and longer lifetimes compared to traditional lighting technologies such as incandescent and fluorescent bulbs. LED modules and light engines are also more versatile and can be used in a wider range of lighting applications, from task lighting to mood lighting and architectural lighting.

LED modules and light engines consist of multiple LEDs arranged on a printed circuit board (PCB) or a substrate, along with driver electronics and optics such as lenses and reflectors. These components are designed to work together to provide a uniform and efficient light output.

Who are the Leading Players in the LED Modules and Light Engines Market? 

Prominent players in the LED Modules and Light Engines market are Philips Lumileds, Cree, Osram Opto, GE, Everlight, Nichia, Sharp, Toyoda Gosei, Samsung LED, Seoul Semiconductor, LG Innotek, and various other regional manufacturers.

• In October 2021, LUXTECH rolled out Fingerboard – a family of four versatile area LED modules. By pushing the latest lighting technology and manufacturing exceptionally-built modules with the utmost customer care, LUXTECH believes that they can elevate illumination to foster a better world. The constant current static white (CC Batwing) module is even integrated with wide angle batwing optics to minimize the required diffuser depth. I

Key Segments Covered in the LED Modules and Light Engines Industry Analysis

By Application:

• LED Modules and Light Engines for Commercial Applications
• LED Modules and Light Engines for Residential Applications
• LED Modules and Light Engines for Industrial Applications

By Form Factor:

• LED Modules and Engines for Downlights
• LED Modules and Engines for Troffers
• LED Modules and Engines for High Bays and Street Lights

By Region:

• North America LED Modules and Light Engines Market
• Latin America LED Modules and Light Engines Market
• Europe LED Modules and Light Engines Market
• Asia Pacific LED Modules and Light Engines Market
• Middle East & Africa LED Modules and Light Engines Market

Table of Content
1. Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market Background

3.1. Market Dynamics

3.1.1. Drivers

3.1.2. Restraints

3.1.3. Opportunity

3.1.4. Trends

3.2. Scenario Forecast

3.2.1. Demand in Optimistic Scenario

3.2.2. Demand in Likely Scenario

3.2.3. Demand in Conservative Scenario

3.3. Opportunity Map Analysis

3.4. Product Life Cycle Analysis

3.5. Supply Chain Analysis

3.5.1. Supply Side Participants and their Roles

About Future Market Insights, Inc.

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.

Contact Us:

Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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For Sales Enquiries: sales@futuremarketinsights.com

According to Future Market Insights, the size of the worldwide industrial coupling market is anticipated to reach US$ 242.6 Mn in 2022. According to estimates, the market would increase at a CAGR of 11.0% from 2022 to 2032, reaching US$ 689.3 Mn.

The following factors will cause the demand for industrial coupling to increase:

Industrial couplings can perform a variety of tasks, such as separating the driving engine or motor from the machinery or pump that it is used to drive. Shafts and couplings used in industry need to be correctly aligned for optimal equipment performance.
The equipment may malfunction or sustain damage if the shafts are not produced with exact alignment, which would significantly shorten the equipment’s lifespan and usage.

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Industrial couplings Market: Overview 

Industrial couplings have a very high demand in the automobile and chemical industry. The automobile industry has numerous equipment’s of the vehicle to be tested and connected with the support of a trough which is performed through Industrial couplings. 

Moreover, the chemical industry where the different processes such as mixture, lime filtering, etc. are done and the fluid is to be shifted from one vessel to another passing through various processes and is connected with the support of an Industrial couplings. 

Also, Industrial couplings have a wide array of the industrial application includes natural gas industry, chemical industry, oil industry, and water treatment companies. Additionally, the market has register rise in acceptance for coupling in the gas pipe construction industry. 

However, deteriorating exports and increasing cost of labor are major factors accountable for adaptation of the Industrial couplings market across the globe. Recently, industries are focusing mainly on the enhancement of energy efficiency which leads to high demand for Industrial couplings in the near future. 

Startups are Inventing Fresh Technological Advancements to Attain Competitive Edge

According to newbies, maintaining technological leadership involves enhancing one’s competitive edge. The effectiveness of goods is considerably increased through industrial coupling. Startups are thus creating tools to help utility providers and grid owners manage industrially coupled resources.

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Key Players

• Altra Industrial Motion Corp.
• Colossus
• Daido Precision Industries Ltd.
• Emerson Electric Co.
• Dandong Colossus Group Co., Ltd.
• John Crane Ltd.
• Siemens AG
• Baldor Electric
• Industrial Clutch Parts Ltd.
• KTR Kupplungstechnik GmbH, Chr

Industrial couplings Market: Regional Segmentation 

Geographically, the global CNC Controller market is designed for seven regions namely, North America, Western Europe, Asia Pacific except Japan (APEJ), Eastern Europe, Latin America, the Middle East & Africa and Japan. The demand and growth of the Industrial couplings market in developed regions is expected to register a steady growth over the estimates period. 

The delimited capital expenditures through numerous end user industry verticals such as oil and gas and manufacturing industry, has significantly inhibited the growth of Industrial couplings market. However, the increasing demand in developing nations such as China, Brazil, India, Russia and the Eastern European countries is predicted to increase Industrial couplings market demand. 

The global Industrial couplings market is segmented by type, application, and by geography.

Based on the type, Industrial Couplings Market is segmented into:

• Flexible Elastic Coupling
• Rigid Coupling
• Flange Coupling
• Torsionally-Rigid Flexible Coupling

Based on the application, Industrial Couplings Market is segmented into:

• Automotive
• Medical Equipment
• Engine
• Aerospace
• Others

By Region:

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

Report Customization available @ https://www.futuremarketinsights.com/customization-available/rep-gb-4728

About Future Market Insights, Inc.

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.

Contact Us:

Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
LinkedIn | Twitter | Blogs | YouTube
For Sales Enquiries: sales@futuremarketinsights.com

The global market for hyperlocal services is anticipated to earn US$ 8,756.2 million by 2032, up significantly from the estimated US$ 2,129.3 million in revenue in 2022, according to a report published by Future Market Insight. The market is expanding at a 15.2% CAGR over the forecast period, up from a 14.3% CAGR (2017-2021).

The advent of instant hyperlocal delivery services is a result of the millennial generation’s desire to have goods delivered to their doorsteps at the press of a button. Worldwide, hyperlocal service providers are taking advantage of this development.

A hyperlocal marketplace works by providing goods and services to customers through offline merchants within a few km of them. It guarantees that the customer receives their order fast and from an established neighbourhood company.

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Market Overview 

In recent times, internet based hyperlocal service business such as GrubHub, Just-Eat and Delivery Hero, have outperformed other firms in attracting investment from venture capital and private equity investments firms for integrating convenience goods and services such as grocery, tailoring or fitness services and other  on-demand services. 

The market has witnessed increased interest of investors in the hyperlocal e-commerce segment primarily due to proposed value propositions of online business model which have been able to improve User experience (UX) and User interface (UI) and reduce consumer pain points caused from traditional business models in this sector. 

Growing interest of industry giants such as Amazon Inc. and Google Inc. in the online hyperlocal and home services market is expected to further intensify the competition which in turn would propel the possibility of market consolidation in the near future.

With demographic diversity, vast consumer base, and growing digitization, emerging economies are showing promising growth opportunities for e-commerce players. Amongst the various industry verticals that are pushing for the supreme position in the growing e-commerce segment, online hyperlocal services providers have emerged as one of the strongest contenders for success. 

Major factors driving the hyperlocal services market is the shopping nuances of the consumers. While market witnesses growth in the number of online consumers, majority of the consumers in the emerging regions are mainly driven by ‘touch and feel factor’ (in case of grocery) and trust offered by products/services from their neighborhood shop. 

Hyperlocal service providers are offering both the benefits to consumers by providing convenience of online shopping and, trust and faith of local retail shops. Additionally, due to better customer reach and potential opportunity in untapped market, online hyperlocal service providers are ramping up their operations in order increase its customer base and create more employment opportunities for the local workforce. 

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Key Companies Profiled

• Foodpanda Group
• Delivery Hero
• Just-Eat.
• GrubHub
• Grofers (Locodel Solutions Pvt. Ltd)
• Swiggy (Bundl Technologies Pvt. Ltd)
• TinyOwl (TinyOwl Technology Pvt. Ltd)
• Takeaway.com
• Delivery Club
• Yemeksepeti / Foodonclick.

Recent Deals 

• In September 2015, Zomato (Zomato Media Pvt. Ltd), an online and mobile restaurant discovery service, announced partnership with logistics providers Delhivery (SSN Logistics Pvt. Ltd), Shadowfax Technologies (Pickingo), and Grab India (Grab a Grub Services Pvt Ltd) to fasten its order’s delivery services. 

• In November 2015, The foodpanda group (Foodpanda), a Germany based online food ordering platform proposed to associate with Indian Railway Catering and Tourism Corporation (IRCTC), a subsidiary of the Indian Railways that handles the catering, tourism, and online ticketing operations of the Indian railways. 
• In May 2015, The foodpanda group (Foodpanda), global cab aggregator Uber Technologies Inc., and budget hotel chain ZO Rooms (OYO Rooms) announced their partnership to enhance experience for travelers in India. This new partnership, enables travelers a free ride up to Rs 500 and 50% off coupons on Foodpanda orders. Travelers will also receive 100% cashback upon checking in to any of the properties of ZO Rooms. 

Report Customization available @ https://www.futuremarketinsights.com/customization-available/rep-gb-1456

About Future Market Insights, Inc.

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.

Contact Us:

Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
LinkedIn | Twitter | Blogs | YouTube
For Sales Enquiries: sales@futuremarketinsights.com

In 2022, the size of the global IoT Processor market was estimated at US$ 45,420 Million. The IoT processor market is expected to be driven by the technology’s ability to provide new revenue streams, boost operational efficiency, enable new business models, and enhance the way current services are provided across a variety of industries.

IoT Processor sales as a whole are anticipated to reach around US$ 92,925.7 Million by the end of 2032, growing at a strong CAGR of 7.4% between 2022 and 2032. In our digital age, the internet of things (IoT) powers every element of human life. Massive volumes of data are collected by these linked gadgets every day. Real-time data and information transfer is required for these connected devices to function properly in order to overcome

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The IoT Processor Market refers to the market for processors designed specifically for the Internet of Things (IoT) devices. IoT devices require specialized processors that are small, low-power, and cost-effective to enable them to connect to the internet and perform their functions efficiently.

The IoT processor market is driven by the increasing adoption of IoT devices in various industries such as healthcare, automotive, consumer electronics, and industrial automation. These devices require processing capabilities to collect, analyze, and transmit data to other devices or to the cloud.

IoT processors come in various types such as microcontrollers, microprocessors, and digital signal processors. Microcontrollers are the most commonly used IoT processors, as they offer a low-cost and low-power solution for simple IoT applications. Microprocessors offer more processing power and are used in more complex IoT devices. Digital signal processors are used in IoT devices that require high-speed data processing, such as smart cameras and sensors.

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Who are the Leading Players in IoT Processor Market?

Some of the leadingIoT processor manufacturers include Intel Corporation, QUALCOMM, Samsung, Lenovo, and ARM. These key IoT Processor providers are adopting various strategies such as new product launches and approvals, partnerships, collaborations, acquisitions, mergers, etc. to increase their sales and gain a competitive edge in the global IoT Processor market. For instance,

• The Qualcomm® QCS6125 SoC for IoT, which was launched in March 2022, is optimized for retail IoT solutions to facilitate payment applications ranging from secure-rich POS systems to touchless and biometric payment processors.

Key Segments of IoT Processor Industry Survey

By Type:

• 8 bit IoT Processor
• 16 bit IoT Processor
• 32 bit IoT Processor

By Application:

• Automotive
• Manufacturing
• Energy and Utility
• Retail

By Region:

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

Report Customization available @ https://www.futuremarketinsights.com/customization-available/rep-gb-2491

About Future Market Insights, Inc.

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.

Contact Us:

Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
LinkedIn | Twitter | Blogs | YouTube
For Sales Enquiries: sales@futuremarketinsights.com

The market for ethernet backhaul equipment is anticipated to develop at a CAGR of 26.9% over the forecast period, reaching USD 4,478 million in 2022 and USD 48,677 million by 2032. Earlier, over the historical era, this market experienced a CAGR of 25.6%.

Due to its low cost, ease of deployment, and low maintenance requirements, ethernet backhaul equipment sales are expected to increase. Additionally, it is utilised for data transport in enterprise local area networks. To establish connectivity between customer premises equipment and core networks, backhaul technologies such fibre ethernet, microwave, and digital subscriber line (DSL) are used. As a result, it is predicted that throughout the projection period there will be an increase in demand for ethernet backhaul equipment.

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The Ethernet Backhaul Equipment Market refers to the market for networking equipment used to establish and maintain Ethernet connections between mobile devices and network infrastructure. Ethernet backhaul is an important component of mobile networks, allowing mobile devices to connect to the internet and communicate with each other.

The market for Ethernet backhaul equipment is driven by the increasing adoption of mobile devices and the growing demand for high-speed internet connectivity. This has led to the deployment of more mobile networks and the need for reliable and high-performance backhaul solutions.

Ethernet backhaul equipment includes switches, routers, and other networking devices that are used to connect mobile devices to the network infrastructure. These devices provide a high-speed, reliable, and scalable connection between the mobile devices and the network, enabling users to access high-bandwidth applications such as video streaming, gaming, and social media.

Competitive Landscape

Players involved in the ethernet backhaul equipment market sector are increasingly engaged with strategies like targeted marketing, CSR initiatives, etc., to increase global prominence. The fact that these businesses are now aiming to handle a specific business-related activity in a country that offers advantageous legislation is a clearly discernible trend that is being noted across the board. By doing this, it enables the aforementioned enterprises to save expenses while retaining industry experts for each crucial stage of their respective organizations. Several organizations are putting their best effort into developing and improving ethernet backhaul equipment configuration.

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Key Players

• NEC Corporation
• Ericsson
• Huawei Technologies
• Alcatel-Lucent
• Ceragon Networks
• Cisco Systems Inc.
• Actelis Networks
• Adtran Adva Optical Networking
• Alvarion
• Aviat Networks
• BridgeWave Communications
• Cambridge Broadband Networks
• Canoga Perkins

Key Segments

By Technology:

• Microwave
• Fibre
• Copper
• Others

By Product Type:

• Wired
• Wireless

By Size of Enterprise:

• Small Enterprise
• Medium Enterprise
• Large Enterprise

By Application:

• Civil Communication
• Defence Communication
• Military Communication
• Among Others

By Region:

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

Report Customization available @ https://www.futuremarketinsights.com/customization-available/rep-gb-5213

About Future Market Insights, Inc.

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.

Contact Us:

Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
LinkedIn | Twitter | Blogs | YouTube
For Sales Enquiries: sales@futuremarketinsights.com

During the forecast period, the market for electronic batch records is anticipated to expand at a CAGR of 12.6%. To attain an anticipated valuation of US$ 7746.6 million by 2032, this is anticipated to exceed US$ 2362.4 million in 2022.

Electronic batch records (EBRs) are crucial in ensuring the efficient and safe production of medicines and other pharmaceutical products. The basis of any production process in the world of strict auditing and compliance is detailed, verifiable records. The need for electronic batch records may rise as a result.

Automated batch records reduce costs while also offering paperless alternatives to paper batch records and making it simpler to trace the history of automated batches online.

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Market drivers & challenges 

Many industries are planning to shift to automation thereby reducing the overall human resource cost which is a major driver for the market. The need to improve workflow and efficiency of industries was also a major driver for electronic batch records market. With the evolution of information technology and adoption of ERPs along with EBR was also a major driver for electronic batch records market. 

Challenges of electronic batch record market are fraud detection and need for adequate testing to be done before implementing. Compliance with established government standards and regulations is another major challenge.  Another major challenge was handling multiple manufacturing styles as every industry has own characteristic data models. 

Electronic Batch Records Market: Competitive Landscape

The electronic batch records market is highly fragmented due to numerous manufacturers in developed and emerging regions. Companies in the market are increasingly investing in research and development to develop new and innovative techniques to provide innovative software solutions.

By implementing software for electronic batch records in regulated industries, manufacturing plants are transitioning from paper-driven to smart digital factories.

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Some other major key players of Electronic Batch Records are:

• Emerson Electric Co
• ABB
• Schneider Electric SE
• Siemens AG
• Accelyrs
• SAP SE

Key Segments Profiled In The Electronic Batch Records Market Survey

By End-User:

• Pharmaceuticals
• Life sciences
• Automobile
• Others

By Region:

• North America
• Latin America
• The Asia Pacific
• MEA
• Europe

Table of Content
1. Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market Background

3.1. Market Dynamics

3.1.1. Drivers

3.1.2. Restraints

3.1.3. Opportunity

3.1.4. Trends

3.2. Scenario Forecast

3.2.1. Demand in Optimistic Scenario

3.2.2. Demand in Likely Scenario

3.2.3. Demand in Conservative Scenario

3.3. Opportunity Map Analysis

3.4. Product Life Cycle Analysis

3.5. Investment Feasibility Matrix

3.6. PESTLE and Porter’s Analysis

3.7. Regulatory Landscape

3.7.1. By Key Regions

3.7.2. By Key Countries

3.8. Regional Parent Market Outlook

Report Customization available @ https://www.futuremarketinsights.com/customization-available/rep-gb-2024

About Future Market Insights, Inc.

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.

Contact Us:

Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
LinkedIn | Twitter | Blogs | YouTube
For Sales Enquiries: sales@futuremarketinsights.com

In 2022, the market for enterprise drone management systems is anticipated to be worth US$10,843.3 million. It is anticipated to have tremendous growth at a CAGR of 17% throughout the forecast period, reaching US$ 52,295.6 million in 2032.

In order to double crop output, drone management solutions have become more necessary in precision farming. Through technological advancement and innovation, the performance of the market as a whole is further optimised, increasing its use in downstream applications.

However, due to restrictions imposed by regulations, market growth is likely to be hampered. Contrarily, it is projected that the widespread use of autonomous drones and the incorporation of the Internet of Things (IoT) would open up opportunities for enterprise drone management systems.

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Enterprise Drone Management solution Market: Drivers and Restraint 

According to studies, the emerging global market for business services using drones is valued at over $127 bn. Global Commercial Drone Market is projected to grow at a CAGR of over 27% during 2016-2021. In 2015, North America and Europe cumulatively accounted for a market share of more than 60% in the global commercial drone market. 

Growth in the commercial drone market is largely dependent on policy and regulatory framework in various major developing and developed countries across the globe. Over the next decade, rapidly evolving drone technology is expected to transform the conventional way of doing business in various sectors. 

Evolving regulatory policy framework, increasing commercial applications of drones across various end-use sectors, coupled with advancements in drone technologies are projected to propel growth in global commercial drone market in the ensuing years.

Key Market Players of the Enterprise Drone Management Solutions Market

• DroneDeploy – It provides a cloud software platform for commercial drones. It enables businesses to collect, manage & interpret drone data, and also features imagery & analysis, 3D modeling & other capabilities from multiple drones remotely.

Also offers a flight app compatible with iOS & Android devices to capture maps, photos, panoramas, and videos. It has applications across different industries, including agriculture, construction, mining, inspection, and surveying.

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Enterprise Drone management solution market: Region wise outlook 

With US being the largest market for commercial drones, the civil aviation body of the US, Federal Aviation Administration, has constantly been making amendments in policies and regulations for use of commercial drones in the country. Moreover, frequent modifications in the regulatory policies by European Aviation Safety Agency (EASA) over the last few years has also been positively influencing the drone industry. 

Asia Pacific stands to witness high proliferation of commercial UAVs over the forecast period. Countries such as Japan and Australia have emphasized on the use of UAVs in agriculture. 

With US being the largest market for commercial drones, the civil aviation body of the US, Federal Aviation Administration, has constantly been making amendments in policies and regulations for use of commercial drones in the country. Moreover, frequent modifications in the regulatory policies by European Aviation Safety Agency (EASA) over the last few years has also been positively influencing the drone industry. 

Asia Pacific stands to witness high proliferation of commercial UAVs over the forecast period. Countries such as Japan and Australia have emphasized on the use of UAVs in agriculture. 

Key Segments Profiled in the Enterprise Drone Management SolutionsMarket Survey

By Application:

• Agriculture
• Aerial Surveillance
• Disaster Relief
• Oil & Gas Exploration
• Environment Monitoring
• Production
• Manufacturing
• Supply Chain & Logistics

By Region:

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

Report Customization available @ https://www.futuremarketinsights.com/customization-available/rep-gb-1915

About Future Market Insights, Inc.

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.

Contact Us:

Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
LinkedIn | Twitter | Blogs | YouTube
For Sales Enquiries: sales@futuremarketinsights.com

According to forecasts, the corporate laboratory informatics market will reach a value of US$ 25,500.8 million in 2032, up from US$ 4,255.1 million in 2022, and will expand at a CAGR of 8.2% over the same period. Previously, the demand for enterprise laboratory informatics increased at a rate of 7.2% from 2016 to 2021.

Informatics is one of the laboratory technology subdisciplines that is expanding the fastest. The main focus of laboratory informatics is the technology utilised in information management procedures. The enterprise laboratory informatics industry is being impacted by a specialised use of information technology that includes a platform of hardware, software, and data management.

A surge in the demands for laboratory automation is projected to accelerate the implementation of business laboratory informatics in the coming years.

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The Enterprise Laboratory Informatics Market refers to the use of informatics solutions in laboratory operations and data management in various industries such as pharmaceuticals, biotechnology, chemical, food and beverage, environmental, and clinical research.

The market for enterprise laboratory informatics is growing rapidly due to the increasing need for automation and data integration in laboratory workflows to improve efficiency and productivity. These solutions include laboratory information management systems (LIMS), electronic laboratory notebooks (ELN), scientific data management systems (SDMS), laboratory execution systems (LES), and laboratory automation and robotics.

The key drivers for the growth of the enterprise laboratory informatics market include increasing demand for data accuracy and efficiency, rising pressure to comply with regulatory requirements, increasing R&D spending by biopharmaceutical companies, and growing adoption of cloud-based informatics solutions.

How Fiercely is the Enterprise Laboratory Informatics Market Becoming Competitive?

There are several small and large players operating in this highly fragmented marketplace. As a result, smaller players in the enterprise laboratory informatics market compete viciously to maintain their position in the market.

Therefore, it is projected that industry competition would be fierce over the projection period. In addition, major firms are expanding the industry by forming alliances and introducing new products.

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Key Players

• LabWare
• LabVantage Solutions, Inc.
• Thermo Fisher Scientific
• Abbott Informatics
• Agilent Technologies
• Waters
• LabLynx
• DassaultSystèmes
• LABWORKS LLC
• Autoscribe Informatics
• PerkinElmer
• Accelerated Technology Laboratories
• Oracle Corporation

Key segments

By Type of Solution:

• LIMS
• ELN
• CDS
• EDC
• CDMS
• LES
• ECM
• SDMS

By Component:

• Software
• Service

By Delivery:

• On premise
• Cloud

By Industry:

• CRO
• CMO
• Pharma
• Biotech
• Chemical
• Agriculture
• Oil
• Gas

By Region:

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

Report Customization available @ https://www.futuremarketinsights.com/customization-available/rep-gb-1618

Table of Content
1. Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market Background

3.1. Market Dynamics

3.1.1. Drivers

3.1.2. Restraints

3.1.3. Opportunity

3.1.4. Trends

3.2. Scenario Forecast

3.2.1. Demand in Optimistic Scenario

3.2.2. Demand in Likely Scenario

3.2.3. Demand in Conservative Scenario

3.3. Opportunity Map Analysis

3.4. Investment Feasibility Matrix

3.5. PESTLE and Porter’s Analysis

3.6. Regulatory Landscape

3.6.1. By Key Regions

3.6.2. By Key Countries

3.7. Regional Parent Market Outlook

4. Global Enterprise Laboratory Informatics Market Analysis 2017-2021 and Forecast, 2022-2032

4.1. Historical Market Size Value (US$ Mn) Analysis, 2017-2021

4.2. Current and Future Market Size Value (US$ Mn) Projections, 2022-2032

4.2.1. Y-o-Y Growth Trend Analysis

4.2.2. Absolute $ Opportunity Analysis

About Future Market Insights, Inc.

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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