Soil Field Testing Equipment Market is likely to secure a CAGR of 4.3% through 2032

The criticality of the assessment of properties and quality of soil continues to sustain the sales of soil field testing equipment at a global level. As the participants in the construction industry are mandated to adhere to the National Bureau of Standards for soil resistive testing, it is more likely that on-field soil testing would continue to gather ground, subsequently boosting the demand for soil field testing equipment such as soil density volumeters, soil moisture testers, soil penetrometers, soil classification testers, soil resistivity testers, pocket shear vane sets, and digital pH meters.

According to a newly published market research intelligence by Future Market Insights, tightening regulatory norms set for testing the compatibility of building and construction materials with soil are predominantly driving the growth of soil field testing equipment market. Estimated to see moderate revenue growth in coming years, the approximately US$ 900 million global market for soil field testing equipment is expected to merely approach the valuation of a billion dollar towards 2020.

In addition to urbanization that is boosting the expenditure on building and construction, augmenting R&D investments initiated by governments as well as privately owned entities will continue to widen the prospects of soil field testing equipment adoption. Increasing stringency of the regulatory frameworks governing building and construction industry is also playing a prominent role in firming up the demand for soil field testing equipment worldwide.

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Over 30% Market Share Belongs to Water Permeability Testing Equipment

In an effort to satisfy soil density requirements set by the American Society for Testing and Materials (ASTM) and the American Association of State Highway and Transportation Officials (AASHTO), the industry is raising steady demand for soil field testing equipment.

ASTM standards defined for the desired soil permeability are significantly boosting demand for soil field testing equipment such as water permeability testers, which hold a substantial contribution in the global soil field testing equipment landscape, i.e. more than 30% of the total market value. Soil field testing equipment used in testing the soil density and consolidation are also slated for a considerable market revenue share, as indicated by the report.

Portable Soil Testing Equipment Explores Higher Applicability

While based on the type of machine, stationary soil field testing equipment currently accounts for more than half of the total market value, the report also prompts at the elevating adoption of portable soil field testing equipment. The latter, owing to superior functionality and convenient attributes such as light weight and low maintenance, will reportedly showcase relatively higher potential in terms of adoption across the industry.

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More Demand Projected to Flow to R&D Laboratories

Following the on-site segment, educational institutes are presumed to represent a sizeable value share in soil field testing equipment landscape. While the widening expanse of construction industry is propelling the demand for on-site soil testing equipment, R&D laboratories are also poised to represent a decent share in the total market value.

The report however prompts at a gradually increasing revenue share of educational institutes owing to relatively high yearly growth projections. A number of soil field testing equipment manufacturers are involved in conducting training workshops and seminars for customer companies, which is likely to boost the demand for soil field testing equipment in the near future.

Emerging Economies Mirror a Positive Growth Outlook for the Market

Asia Pacific (excluding Japan), with over 1/3rd value share in the soil field testing equipment landscape, is anticipated to remain at the forefront of global competition owing to the constantly thriving construction industry and emergence of highly attractive investment avenues residing in the region’s infrastructure domain. Increasing inclination of both consumers and industry stakeholders towards safe building and construction activities will remain a prominent factor pushing adoption of soil field testing equipment across APEJ.

Europe, although positioned as the next key regional market for manufacturers of soil field testing equipment, is slated for a sluggish growth in the revenue through the next few years. The region’s construction industry has been in its maturity phase over the recent past, which is likely to influence the growth of soil testing space across Europe. On contrary, the soil field testing equipment market in Latin America and Middle East & Africa are forecast to demonstrate promising year on year growth in by 2020 and ahead.

While the report points to key players in soil field testing market focusing on the technological advancements in existing portfolio of soil field testing equipment, automation also remains a key factor dictating their developmental strategies.

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Overseas expansion through strengthening online sales of soil field testing equipment is also projected to be an important strategy adopted by prominent manufacturers. According to the report, growing focus on the continuous development of advanced technology equipment for soil field testing is likely to push R&D investments of manufacturers.

Some of the leading companies in soil field testing equipment landscape that have been profiled in the FMI study include Controls S.p.A., Humboldt Mfg. Co., GlobalGilson.com, FilWEB, EIE Instruments, and ELE International.

Key Segment

Based on of location

  • on-site
  • R&D laboratory
  • educational institutes

Based on machine type

  • stationery
  • portable

Based on of test type

  • soil sampling tests
  • triaxials tests
  • CBR tests
  • density & consolidation tests
  • water permeability tests

About 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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Rheometers Market growth at 12% CAGR by the forecast year 2031

Revenue generated in the testing and certification agency segment of the rheometers market increased at a robust 11.5% year over year in 2021. As per Future Market Insights (FMI), demand in the Industrial segment increased by 8.6% between 2020 and 2021, facilitating the combined Rheometer markets year-over-year growth at 9.3% in 2021.

As per Future Market Insights (FMI) analysis, the Rheometers Market is projected to be valued at ~US$ 887.6 Mn in 2021, expanding at a CAGR of ~12.0% over the forecast period of 2021-2031. The ongoing crisis caused by COVID-19 pandemic has caused severe impact on the global economy. It has resulted in complete shutdown of the supply chain networks and manufacturing activities. Subsequently it has affected the Rheometers Market causing a significant drop in the market growth.

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A recent market study published by FMI on the Rheometers Market includes global industry analysis for 2016-2020 & opportunity assessment for 2021-2031, and delivers a comprehensive assessment of the most important market dynamics. After conducting thorough research on the historical and current growth parameters of the Rheometers Market, the growth prospects of the market are obtained with maximum precision.

The growth of Rheometers Market is driven by increasing demand from various end use industries such as polymer & rubber, pharmaceutical, food & beverages, building & construction material, petrochemical industries and others. Rheometer adoption is increasing across the food industry. In food industries, versatile models and extremely precise rheometers are now becoming common to increase the efficiency of production line.

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Rheometers Market by Category

By Equipment Type:

  • Capillary Rheometers
  • Oscillatory Rheometers
  • Rotational Rheometers

By Sales Channel:

  • Offline
  • Online

By End User:

  • Industrial
    • Pharmaceutical
    • Industrial Oils and Lubricants
    • Paints & Coating
    • Food & Beverages
    • Petrochemicals
    • Cosmetics
    • Polymers & Rubber
    • Others (Research & Academician and Building & Construction Materials)
  • Testing & certification Agencies

By Region:

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

About 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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Ultrasonic Pulse Velocity Tester Market is likely to garner a CAGR of 7.2% during the forecast period 2027

As per a recent in-depth analysis by Future Market Insights (FMI), demand for ultrasonic pulse velocity testing solutions is steadily increasing, for its application in void and crack detection, non-destructive strength measurement, infrastructure and construction testing, material science and research, homogeneity detection, and elasticity measurements.

Considered as a pre-requisite in the construction industry, to evade any adversities, materials used for building, construction, and manufacturing activities have to undergo laboratory or on-site testing to be deemed fit for any habitation, translating into increased demand for efficient laboratory-grade non-destructive ultrasonic testing solutions for material science research in both, developing and developed nations.

Moreover, with increased focus on reducing the time-to-market (TTM), translating into demand for efficient, low TTM testing equipment, will directly contribute to the global sales revenue of ultrasonic pulse velocity testers. Therefore, growth of the testing equipment market will remain critical to the non-destructive ultrasonic testing market. In addition, ultrasonic pulse velocity testers’ ability to supplement coring thereby allowing cost-effective ameliorated representative evaluation of the concrete strength of the whole structure, will drive its demand further, predicts FMI.

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The demand for ultrasonic pulse velocity testers is anticipated to grow at a stable rate of 5.5 percent, through 2019, reaching a revenue of US$ 470.5 Mn during the same period. While void and crack detection will remain the single largest application, holding over 22 percent market share, in terms of end-user vertical concrete, glass and building materials will witness maximum adoption of ultrasonic pulse velocity testers pumping concentrated revenue, through the assessment period of 2018-2027. The concrete, glass and building materials segment is projected to hold over 18 percent market share in 2023, as per the report on ultrasonic pulse velocity tester market

Representing a steady year-on-year growth, the global ultrasonic pulse velocity tester market is pegged to expand at a rather robust growth rate of 6 percent, through 2027. Rampant growth of the commercial construction and infrastructure sector will prominently escalate the demand for ultrasonic pulse velocity testers at a global level.

However, as significant demand for ultrasonic pulse velocity tester prevails, the report also projects that manufacturers offering ineffective after-sale customer services, translating into eventual transition towards other ultrasonic testing types, could prove to be critical market restrainers.

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Key Players Hold 44% Market Share

The global ultrasonic pulse velocity tester market represents presence of a number of player, with the top participants including Controls S.p.A., Proceq Group, James Instruments Inc., Impact Test Equipment Inc., Humboldt Mfg. Co., holding relatively prominent market share—collectively contributing nearly 44 percent the global revenue share. These market players secure a prominent position in the global ultrasonic pulse velocity testers market owing to their highly diverse product offering portfolios. The overall forward market strategies in the ultrasonic pulse velocity tester market includes:

  • Key players placing significant importance on expansive product offering and product advancements.
  • Strategic business relationships and contracts with distributors and suppliers in all the business regions.
  • Affordable pricing, quality solutions, and services will remain instrumental in growth strategy.

Key Segments

By Application

  • Non-destructive Strength Measurements
  • Void and Crack Detection
  • Homogeneity Detection
  • Elasticity Measurements
  • Infrastructure and Construction Testing
  • Material Science and research
  • Other Applications

By End Use Vertical

  • Aerospace and Defence
  • Chemicals and Petrochemicals
  • Concrete, Glass and Building Materials
  • Educational Research
  • Oil and Gas Refineries
  • Sewage and Water Treatment Facilities
  • Construction Engineering, Remodelling and Design

By Transducer Frequency Range

  • 24kHz – 50kHz
  • Above 50kHz, upto 100kHz
  • Above 100kHz, upto 150kHz
  • Above 150kHz

Key Regions

  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Europe
    • Germany
    • U.K.
    • France
    • Spain
    • Russia
    • Rest of Europe
  • APEJ
    • China
    • India
    • Malaysia
    • Singapore
    • Australia
    • Rest of APEJ
  • Japan
  • MEA
    • GCC Countries
    • Israel
    • South Africa
    • Rest of MEA

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Ultrasonic Pulse velocity Tester Market: Regional Insights

  • Developing markets including South East Asia Pacific and, also Middle East Africa, are likely to offer significant growth prospects to key manufacturers of ultrasonic pulse velocity testers, considering large scale development of infrastructural projects in the regions, including commercial building and residential areas.
  • North America will occupy a dominant position in the global ultrasonic pulse velocity testers market, owing to high to medium presence of manufacturers in the region.
  • Infrastructural upgrades such as educational institutions in regions like Brazil and China, is expected to create attractive opportunities for ultrasonic pulse velocity testers manufacturers.

About 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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Mobile Application Development Platform Market is Anticipated to grow at a CAGR of 21.9% Between the Years 2022 and 2032

The global mobile application development platform market is expected to reach US$ 60,566.0 Million by 2032. The mobile application development platform market is rapidly expanding. According to FMI Analysts, the global Mobile application development platform market is expected to be worth US$ 8,342.0 Million in 2022 and to grow at a CAGR of 21.9 percent from 2022 to 2032.

A mobile application development platform is a type of software which enables a business to rapidly design, develop, test and deploy mobile applications for various mobile devices such as smartphones or tablets. The mobile application development platform is a solution which allows users to develop, trial, and track the commercial and consumer applications.

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An enterprise can develop its own mobile application development platform or outsource it from various other vendors which are in the global mobile application development platform market. Mobile application development platform solution and services offered by third party vendors include features such as front-end development tool, backend-as-a-service, and management tools for application programming interfaces.

Global Mobile Application Development Platform Market: Drivers and Challenges 
The rising adoption of cloud technology, increasing usage of mobile devices by the organizations, need of better commercial mobile device, and growing adoption of bring your own device (BYOD) drive the mobile application development platform market.
Enterprises are increasingly adopting mobile technology for better management of their operational and business functions, which has generated the requirement for the mobile application development platforms.

User accessibility, functionalities, features, and great user experience are some of the prominent features of the mobile application development platform. The above mentioned factors are driving the growth in revenue of global mobile application development platform market.  Limited flexibility in mobile application development platform are among major limitation of the mobile application development platform.

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Global Mobile Application Development Platform Market: Regional Outlook 
On the basis of regions, global Mobile Application Development Platform Market can be segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan, and Middle East and Africa. In North America, mobile application development platform solutions is highly accepted by the business enterprises to stay ahead in the competitive business environment. Due to this business organizations are increasingly deploying the mobile application development platforms.

In China, mobile application development platform is becoming one of the top technology issues for enterprises. SMEs are expected to propel the market growth in this region. While in India, most of the business organizations are still reluctant to adopt enterprise mobility solutions due to security related concerns. Huge spending by business enterprises in middleware software is driving the growth of the market in Europe.

U.K., Germany, and Italy are major countries in the middleware software market, and are expected to drive mobile application development platform market in this region. Limited resources with the early stage startups is inhibiting the growth of market in Latin America and Middle East Africa regions. However, with the advent of cost effective cloud solutions, the market is expected to observe substantial growth during the forecast period.

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Global Mobile Application Development Platform Market: Competition Landscape 

The market is dominated by a significant number of vendors that offer mobile application development platform solution and services. The competition is tough among leading vendors on the basis of aspects such as quality, security and service. Some of the key players for mobile application development platform market include Appcelarator, Inc., Appzillon (i-exceed), Apple Inc., OutSusyems, Kinvey, Kony Inc., Telerik (Progress Software Corporation), Salesforce.com Inc., Red Hat, Inc., Microsoft Corporation and among others

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaust analysis on 
Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain

Regional analysis includes 
North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

Key Segments Profiled in the Mobile Application Development Platform Market

By Deployment Type:
On-premise
Hosted

By Application:
Web security
Network security
Email security
Database security
Cloud security

By Organization Size:
Small scale
Medium scale
Large scale

By Industry Vertical:
BFSI
Aerospace
Defense
Healthcare
Public sector
IT
Telecommunication
Retail
Others

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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Event Management Software Market New Technological Development Projecting Massive Growth till 2032

A recent market study published by Future Market Insights on the event management software market includes a global End-user analysis for 2016-2020 and prospect examination for 2022-2032 and delivers a comprehensive assessment of the most important market dynamics. After conducting thorough research on the historical as well as current development parameters, the development prospects of the market are obtained with maximum precision.

Future Market Insights (FMI) has stated that the global event management software market is expected to rise steadily at a CAGR of 14.1% during the forecast period of 2022 to 2032. Event data is indispensable for event organizers since it helps them monitor social media engagement and attendance to measure the overall success of any event.

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COVID-19 Paved Way for Growth

The health concerns are increasing around the world and causing significant business impact due to the ongoing COVID-19 pandemic – particularly when it comes to delivering events. Since the onset of the epidemic, most events were either cancelled or postponed. Major conferences such as Mobile World Congress and the HIMSS Global Healthcare Conference & Exhibition are even getting cancelled due to the pandemic situation.

Key Takeaways of Event Management Software Market Study

  • The cloud based deployment to grow 4.0x of the current market value by the end of 2031
  • Increasing penetration of IoT and real-time analytics will drive growth in U.S., enabling it to account for a little below 65% of North America market in 2021
  • Double-digit y-o-y growth at over 10% will seal U.K.’s position as a lucrative market within Europe
  • Increasing number of events organized in Germany and France, will drive Europe event management software market
  • Within East Asia, Japan and South Korea are expected to emerge as strong markets, exhibiting double-digit growth

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Rising Demand for Mobile Event Management Applications

The usage of applications is increasing at a tremendous rate with each day passing, and various apps are being considered crucial for most businesses. The event apps are making things quicker, easier and more interactive to the event industry. The increase in the engagement of interactive mobile event applications has been emerging as one of the biggest event trends. Thus users are demanding more event applications offering better quality and services.

Competitive Landscape

Companies are partnering with key technology players to expand their product portfolio. They are focusing on entering into partnership with other businesses that offer complementary products, services, and technologies, which strengthen its market coverage and enhance its technological capabilities. This strategy has enabled the company to quickly grow into a global provider that offers end-to-end capabilities and leverages its best-in-class solutions, with an aim to deliver high-quality services.

  • Cvent Inc.
  • InEvent, Inc.
  • Ungerboeck
  • Eventzilla
  • Certain, Inc.
  • Eventbrite
  • Arlo

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Event Management Market by Category

Solution

  • Software
    • Integrated Event Management Software
    • Standalone Software
      • Venue Management Software
      • Event Marketing Software
      • Event Booking & Registration Software
      • Others
  • Services
    • Managed Services
    • Professional Services
      • Event Planning & Consulting
      • Integration and Implementation
  • Support & Maintenance

Deployment

  • Cloud
  • On-premise

Enterprise Size

  • Small & Medium Enterprises (SMEs)
  • Large Enterprises

End User

  • Event Management Companies
  • Travel & Hospitality Companies
  • Corporates
  • Government
  • Academic Institution
  • Others

Region

  • North America
  • Latin America
  • Europe
  • South Asia and Pacific
  • East Asia
  • Middle East and 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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Simulation and Test Data Management Market In-Depth Analysis with Booming Trends Supporting Growth and Forecast 2031

Simulation or test data management is needed for effectively managing data and processing information generated across industries. According to a report on the simulation and test data management market by Future Market Insights (FMI), the demand for faster time-to-market, better use of information, and lower cost of product development will result in increased deployment of simulation and test data management software across the organization.

Some of the primary factors driving market expansion include the advent of predictive analytics and other sophisticated data analytics methodologies. According to FMI, the market is estimated to reach $525 million by 2021. As more sectors migrate to cloud platforms, growth trends are projected to stay positive. The need for automobiles, aerospace and military, and other industries will continue to expand.

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Key Takeaways of Simulation and Test Data Management Market Study

  • Between 2021 and 2031, the simulation and test data management market will grow at a 14.7 percent CAGR.
  • The US market is expected to account for almost 85% of all sales in North America.
  • Germany will emerge as a valuable market within Europe, with double-digit growth expected over the projection period.
  • In 2021, the United Kingdom will have a CAGR of above 9% due to increased demand from numerous industries.
  • While China will continue to dominate the East Asian simulation and test data management industry, Japan is expected to develop faster.

Impact of COVID-19 on Simulation and Test Data Management Market

The COVID-19 pandemic outbreak has disrupted many industries, including some of the leading end users in simulation and test data management space. However, during the period of COVID-19, simulation has been proven to be important for healthcare worker learning and systems integration in the context of integrating and testing new processes, workflows, and rapid changes to practice and changes to the delivery of clinical care.

A new COVID-19 impact data simulation modeling solution has been designed to provide real-time predictive COVID-19 modeling and simulation solutions for customers to cost-effectively protect, manage, and enhance organizational workforce’s productivity, along with having critical network infrastructure optimization and supply chains efficiencies.

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Increasing Demand for Analysis and Management of Data Simulation

The amount of data being generated by simulation and testing processes is growing rapidly and calls for an improved data management system. As this data is crucial for the product development process, it is highly dependent on the 3Vs: volume, velocity, and variety. Data needs to be saved and extracted quickly in an efficient manner, which is a challenge for design engineers.

Managing this increasing volume of data with greater velocity can pose challenge to design engineers, which is leading to an increase in the adoption of simulation and test data management software. Moreover, understanding the variety of data, i.e., structured and unstructured data, is crucial for implementing better decisions while designing products.

Simulation and Test Data Management by Category

Solution

  • Testing Systems
  • Test Data Simulation Software
  • Services

Enterprise Size

  • Small & Medium Enterprises
  • Large Enterprises

Industry

  • Automotive
  • Aerospace & Defense
  • Healthcare
  • Building & Construction
  • Energy & Utilities
  • Electronics & Hi Tech
  • Others

Region

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

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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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PCB Design Software Market Industry Overview and Competitive Landscape till 2029

The PCB design software industry is expected to continue to grow rapidly, with substantial potential opportunities in Asia Pacific excluding Japan. The requirement for flexible PCBs is growing as PCB designers in this region continue to cram more components into ever-tinier volume areas. This puts strain on clever design tools and accurate modelling.

In 2022, the market for PCB design software is expected to be worth over US$ 3 Bn, growing by 12.7% year over year. By 2029, the market is anticipated to grow at a rapid CAGR of 14.9% and reach a value of US$ 7.92 Bn.

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Key Takeaways of PCB Design Software Market Study

  • North America is expected to hold a significant share in the global PCB design software market among all the regions during the forecast period of 2022-2029.
  • Mainstream software is anticipated to retain its significant share in the global PCB design software market among all the components during the forecast period. Among all the applications, the automotive industry is estimated to register an impressive CAGR in the global PCB design software market. However, consumer electronic applications are estimated to continue to hold the largest market share in the global PCB design software market over the forecast period.

Increasing Demand for High-speed Analogue Circuits to Propel Sales

On back of the growing demand for smaller devices and the rising complexity of circuits, the demand for PCB design software is expected to increase significantly over the forecast period. Signal integrity is an essential part of the PCB design software process. By using high-speed circuits, a PCB manufacturer can minimize the possibility of problems arising from poor signal integrity. A high-speed PCB is one where integrity of the signal is affected by the circuit layout. Therefore, the introduction of high-speed analogue circuits is expected to drive the growth of the global PCB design software market.

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Key Segments of PCB Design Software Industry Survey

PCB Design Software Market By Component :

  • PCB Design Software
  • PCB Design Services

PCB Design Software Market By Deployment :

  • On-premise PCB Design Software
  • Cloud-based PCB Design Software

PCB Design Software Market By Application :

  • IT & Computing
  • Consumer Electronics
  • Telecommunications
  • Healthcare
  • Automotive
  • Defense & Military
  • Others

PCB Design Software Market By Region :

  • North America PCB Design Software Market
  • Latin America PCB Design Software Market
  • Europe PCB Design Software Market
  • East Asia PCB Design Software Market
  • South Asia & Pacific PCB Design Software Market
  • Middle East & Africa (MEA) PCB Design Software Market

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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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Thermal & Inkjet Disc Printers Market Business Opportunities and Global Forecast to 2032

According to Future Market Insights (FMI), the global thermal & inkjet disc printers market is projected to decline at a CAGR of around –5.8% from 2022-2032. The market is anticipated to reach ~US$ 376.2 Mn by 2032 from ~US$ 720.0 Mn in 2021.

The report further states that the thermal & inkjet disc printers market is expected to reach a valuation of ~US$ 685.6 Mn by the end of 2022. As per Future Market Insights, increasing demand for digitalization with rising need for the incorporation of advanced technologies for efficient data storage is expected to be one of the key factors contributing to the fall of the global thermal & inkjet disc printers market in the coming decade.

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Furthermore, increasing demand for on-demand cloud storage and high popularity of on-premise data storage options that are widely available across the globe are set to contribute to the reduced adoption of thermal & inkjet disc printers in the evaluation period. Moreover, the global thermal & inkjet disc printers market is set to be hampered by the surging adoption of cloud-based storage services. These offer various benefits such as the ease of portability, access, and huge data capabilities, which may limit and decelerate organizational growth.

Key Takeaways: Thermal & Inkjet Disc Printers Market

  • By ribbon type, the monochrome black segment is estimated to decline at a CAGR of -6.4% through 2032 in the global thermal & inkjet disc printers market.
  • Among ribbon suppliers, the OEM segment is estimated to decline by 6x during the forecast period in the global thermal & inkjet disc printers market.
  • By technology, the direct thermal printing segment is anticipated to decrease at a CAGR of –1% between 2022 & 2032 in the thermal & inkjet disc printers market.
  • The U.S. thermal & inkjet disc printers market is expected to decline at a CAGR of around –0% through 2032.
  • In India, the thermal & inkjet disc printers market is expected to decline by 9x during the forecast period.
  • The thermal & inkjet disc printers market in China is estimated to create an absolute dollar opportunity of US$ -26.2 Mn in the forecast period.

“To meet the increasing technology and storage requirements of several customers across various industries, organizations need to surge their investments in research & development activities. They are trying to incorporate new technology for pushing the demand for thermal & inkjet disc printers,” says a FMI analyst. 

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Data Storage Advancements and Need for Safe Storage Solutions May Hinder the Market

Storage management is considered to be a critical priority for several businesses as data fuels more aspects of day-to-day life and business. As organizations handle huge volumes of data, using data storage strategies with advancements across the same becomes a key norm, which may hinder growth in the thermal & inkjet disc printers market.

The requirement for secured and flexible storage infrastructure with elastic services further contributes to the declining graph of the global thermal & inkjet disc printers market. Moreover, as large enterprises are proceeding towards digitalization and automation across storage management solutions, the demand for optics may be reduced drastically, which in turn, can hinder adoption in the market.

Key Companies Profiled

  • Seiko Epson Corporation
  • Primera Technology, Inc
  • Formats Unlimited, Inc (MF Digital)
  • Rimage Corporation
  • Microboards Technology
  • Casio Computer Co., Ltd

Thermal & Inkjet Disc Printers Market Outlook by Category

By Ribbon Type:

  • Monochrome Black
  • Color
  • Photo

By Ribbon Supplier:

  • OEM
  • Aftermarket

By Technology:

  • Direct Thermal Printing
  • Thermal Transfer Printing
  • Dye-Sublimation Printing

By Region:

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

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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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Heated Jacket Market Size is Anticipated to be around US$ 368.5 Mn by the end of 2029 | FMI

The global heated jacket market  size is anticipated to be around US$ 368.5 Mn by the end of 2029. A Future Market Insights (FMI) study predicts that the market will grow steadily between 2019 and 2029 at a CAGR of about 16.8%. The survey claims that the demand for heated jackets is being driven by an increase in millennials’ involvement in winter outdoor sports including skiing, hiking, and trekking.

The research provides a thorough analysis of the industry, outlining the major growth drivers, inhibitors, opportunities, and current trends. It offers the most precise analysis of the market via the use of original research techniques.

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It includes in-depth insights into the heated jacket market. Some of these are:

The estimated value of the heated jacket market was at ~US$ 77.7 Mn in 2019. Through the course of the report’s forecast period, the market is exhibited to show a substantial growth. Regionally, North America dominates the heated jacket market globally attributed to high adoption of heated jackets among hikers, cyclists, and other winter sports enthusiastic people. East Asia emerges as one of key markets owing to rise in demand for fashionable products, increasing participation in outdoor activities, and consumers in the region are highly influencing by western culture.

Rapidly emergence of online retailers’ sales channel is expected to boost the sales of heated jacket over the forecast period. Prominent players in the market are focuses on new product development, innovative marketing campaigns, promotional activities, collaborative partnership with sports influencers and celebrities to increase their brand penetration along with expand market footprint to have a competitive edge among their competitors.

Rise in Demand for High Power Heated Jacket among Consumers

Based on the power type, the 5-7 volt is expected to be the leading markets in the global heated jacket over the forecast period. 5-7 volt power type heated jackets are mostly preferred by consumers as it offers long lasting warmth, significant temperature level, and provide low, medium, and high heat settings are the primary factors expected to exhibit a significant growth in the global heated jacket market during the forecast period.

Furthermore, the 7 volt power type heated jacket lasts for 10 to 11 hours and they are light weight, easy-grip shape as well as comfortable propel the global heated jacket market for further growth. However, 7-20 volt heated jacket segment is expected to expand at higher CAGR during the forecast, as these type of heated jacket heats up considerably faster than other heated jacket types.

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Who is Winning?

Some of the leading players operating in the heated jacket market are Milwaukee Electric Tool Corporation, Kelvin Coats, Ororo, DEWALT, H2C Brands, LLC, Venture Heated Clothing Company, Robert Bosch Tool Corporation, Heated Wear Gerbing Gyde Company, Dragon Heatwear Company, Outcool, AdirPro, Comfortwear International, Inc., Fieldsheer Company, Climix Heated Jackets Company, Knap Energy Heated Jacket, Pau1Hami1ton, Xiaomi Corporation, Redder, PROsmart Heated Clothing Company, Ravean, and others. These manufacturers are continuously investing on research and development activities to develop light weight, comfortable heated jacket with high power capacity for cold weather workers and for various outdoor activities as well as winter sports.

Moreover, increasing their sales channel across the globe through strategic partnership, with small scale vendors, innovative marketing strategies, various certifications, and enter into online platform remains the most prominent strategy among the key manufacturers in the market. Companies intend to expand their geographical footprint through collaborating with local players.

In 2019, Xiaomi Corporation introduced a new cotton smith heated down jacket specially designed for the winter. This new heated jacket will keep consumer warm during extremely cold weather with a temperature around -120 degree Celsius.In 2019, Kelvin Coats launched a new line of fashionable heated puffer coats with advanced warming technology to expand its product offering as well as offer most appealing and stylish heated apparel to the customers.

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Market SegmentationThe global heated jacket market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

End-User

  • Men
  • Women

Power Type

  • Below 5 Volt
  • 5-7 Volt
  • 7-20 Volt

Size

  • Small
  • Medium
  • Large
  • XL (Excel)
  • 2XL (Double Excel)

Application

  • Leisure
  • Industrial/ Construction
  • DIY
  • Other Applications

Sales Channel

  • Wholesalers/Distributors
  • Hypermarkets/Supermarkets
  • Multi-Brand Stores
  • Exclusive Stores
  • Independent Small Stores
  • Online Retailers
  • Other Sales Channels

Region

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

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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.

Contact: 

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Body Armor Market is expected to grow at CAGR 5.2% for 2022–2032 | FMI

The global body armor market size is slated to top US$ 2585.8 Mn in 2022. Increasing investments in the defense sector will boost sales in the market at a steady 5.2% CAGR, with the market valuation reaching US$ 4305.8 Mn in 2032.

Rapid escalation on the border line, assuring army survivability, and cross-border terrorist insurgencies, according to the report, are the primary drivers driving the need for body armor goods in the market. The research provides a thorough analysis of the market, including key growth drivers, restraints, opportunities, and current trends. It employs novel research methods to provide the most accurate market analysis.

It includes in-depth insights into the body armor market. Some of these are:

The estimated value of the market was at ~US$ 2585.8 Mn in 2022. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.Regionally, North America dominates the body armor market globally.East Asia emerges as one of key markets owing to increasing focus on defense and ensuring safety of soldiers in the country.

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The level II segment body armors are expected to expand at highest CAGR owing to surge in demand in the law enforcement application segment.The composite ceramics segment dominated the market in 2019 in terms of revenue.Key players are likely to focus on new product innovation such as developing lightweight and hi-tech bodysuits for delivering enhanced performance, comfort, and flexibility.

Soft Body Armor to Uplift the Market Scale

Soft body armor are the most preferred body armor among private security guards and policemen where flexibility and comfortable movement are of paramount importance. Advancement in technology, and growing security concern of guards, & policemen have pushed the market for lightweight body armor which is found as soft body armor. Technological innovations and modernization initiatives prompt security agencies and military forces to opt for the latest equipment. Moreover, flexibility and lightweight feature of soft body armor pushes the market further for higher usage.

Composite Ceramics Segment to Dominate the Market

The composite ceramic material of body armor are considered to hold the major market share in 2019 owing to its high usage in body armor. The composite ceramic material performs well in resistance of ballistic attack. Moreover, it is lightweight which gives the user of flexible movement and thus known for high performance material type.

Who is Winning?

Some of the leading players operating in the body armor market are BAE Systems; Aegis Engineering Ltd.; AR500 Armor; Craig International Ballistics Pty Ltd.; Ceradyne, Inc.; Hellweg International; Point Blank Enterprises, Inc.; Kejo Limited Company; Ballistic Body Armor Pty; Pacific Safety Products; and Safariland, LLC etc. As a result of increasing competition, companies are focusing on expanding their product portfolio with new innovation. In addition to this, mergers and acquisition remains a popular strategy among market players. Companies intend to expand their regional footprint through strategic collaborations.
At present, industry players are focusing on developing lightweight, high performance body armor. Technological advancement such as liquid armor technology, using para-aramid material, CORDURA(R) technology boost the body armor manufacturers to innovate new products.

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Get Valuable Insights into Body Armor Market

Future Market Insights, in its new report, presents an unbiased analysis of the global body armor market, covering historical demand data and forecast figures for the period between 2022 and 2032. The study divulges compelling insights on the body armor market based on product type (hard, soft, accessories), material type (steel, UHMWPE, aramid, composite, ceramic, others), application (defence & security personnel, law enforcement officers, and civilians), level (level i, level ii a, level iii a, level iii, level iv), region (North America, Latin America, Europe, East Asia, South Asia, Oceania, Middle East & Africa).

Body Armor Market By Category

Product Type:

  • Soft
  • Hard
  • Accessories

Material Type:

  • Steel
  • UHMWPE
  • Aramid
  • Composite Ceramic

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Level:

  • Level I
  • Level II
  • Level III A
  • Level III
  • Level IV

Application:

  • Defence & Security Personnel
  • Law Enforcement Officers
  • Civilians

Region:

  • North America
  • Latin America
  • Eastern Europe
  • Western Europe
  • Asia Pacific excluding China & Japan
  • Japan
  • China
  • Middle East & Africa

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About 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.

Contact: 

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
Report:  https://www.futuremarketinsights.com/reports/body-armor-market
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