Nurturing Health Trends: Cold-Pressed Oil Market Poised to Reach US$ 37.3 Billion by 2033

Cold-Pressed Oil Market

The global cold-pressed oil market share is projected to reach a valuation of US$ 37.3 Billion by 2032 with a CAGR of 4.8% during 2022-2032. Due to a greater understanding of health and well-being, consumers’ eating habits and nutritional patterns have changed. The demand for cold-pressed oil is rising, as a result, it is anticipated to lead to an increase in sales of cold-pressed oil in the market throughout the forecasted period.

Furthermore, consumers are willing to pay a greater premium for nutritious components and products. The cold-pressed oil market size is being positively impacted by the healthy eating categories’ rapid expansion relative to the decadent ones.

The Cold-Pressed Oil market is experiencing remarkable growth as consumers increasingly prioritize natural and healthy oils in their diets. With the cold-pressing process retaining the nutritional integrity of oils, such as olive, coconut, and sunflower, their popularity is surging. Rising awareness of the benefits of cold-pressed oils fuels the market’s expansion in the food and cosmetic industries.

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Consumers are urging food companies to increase the transparency of their products, going past ingredients, free-from status, and nutritional levels. Due to this, the sales of cold-pressed oil are likely to rise by end-users.

Thus, with increasing demand for cold-pressed oil, several food product manufacturers are using ingredients to increase the overall quality and nutritional level of their final product which is anticipated to boost the cold-pressed oil market size.

In addition to this, demand for cold-pressed oil along with demand for functional food products is also significantly increasing around the globe. This growing demand is leveraging the growth of cold-pressed oil, fortified edible oil and seed oils over the forecast period.

Key Takeaways from Market Study

  • The cold-pressed oil market growth is expected to expand at a CAGR of 5.2% and 7.4% in Latin America and the Middle East & Africa, respectively through 2032.
  • Among the type segment, palm oil is dominating the cold-pressed oil market trends holding more than 18% share in 2022 and it is expected to grow with a CAGR of 2.8% over the forecast period.
  • Among the application segment, the food industry is dominating the cold-pressed oil market size holding more than 50% share in 2022 and it is expected to grow with significant CAGR of 3.6% over the forecast period.
  • The B2B is dominating the distribution channel segment holding around 70% share in 2022 and it is expected to grow with CAGR of 3.6% which is likely to rise the sales of cold-pressed oil during the forecast period.

Competitive Landscape

The key players involved in the cold–pressed oil market statistics to strengthen their research and development activities to increase the yield and improve extraction technology which is offering significant growth opportunities for the overall cold–pressed oil market trends.

In addition to this, understanding the growing demand for cold–pressed oil several key players in the oil market are entering the cold – pressed oil market by introducing their cold-pressed oil range of products.

For Instance –

In September 2020, Dabur which is one of India’s prominent natural health care companies entered the edible oil segment by introducing their cold-pressed mustard oil.

Explore More Valuable Insights

Future Market Insights, in its new report, offers an impartial analysis of the global cold-pressed oils market key trends & opportunities, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.

The study offers compelling insights based on application (food industry, agriculture, cosmetics and personal care industry), type (cottonseed oil, rapeseed oil, palm oil, peanut oil, coconut oil, olive oil, palm kernel oil, soybean oil, sunflower seed oil) and sales channel (B2B, B2C (hypermarkets/supermarkets, convenience stores, speciality stores, retail store, online retail) across seven major regions of the world.

Cold-Pressed Oil Market by Category

By Application :

  • Food Industry
  • Cosmetics and Personal Care Industry
  • Agriculture

By Type :

  • Peanut Oil
  • Coconut Oil
  • Rapeseed Oil
  • Cottonseed Oil
  • Soybean Oil
  • Olive Oil
  • Palm Oil
  • Sunflower Seed Oil
  • Palm Kernel Oil

By Distribution Channel :

  • B2B
  • B2C
    • Hypermarkets/Supermarkets
    • Convenience Stores
    • Specialty Stores
    • Retail Stores
    • Online Retail

By Region :

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

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Thriving Growth Prospects: Take Out Coffee Market Expected to Surge at 4.4% by 2033 | Future Market Insights

Coffee Market

The global take out coffee market is expected to be valued at US$ 39,630.0 million in 2023, with a compound annual growth rate (CAGR) of 4.4% from 2023 to 2033.

The market for takeaway coffee is changing as more young people start drinking coffee. The proportion of millennial coffee drinkers is growing. Increased consumption would improve helpful items like coffee on the go. The elderly, who are increasingly addicted to the taste of coffee and the energy benefits it provides, are propelling the takeout coffee business.

Takeout coffee consumption has increased, whereas energy drinks and carbonated soft drinks (CSDs) consumption has fallen. As individuals become more health-conscious, CSD and energy drinks are being substituted by take-out coffee. CSD and energy drink consumption has also been connected to obesity and hypertension. As a result, individuals are increasingly interested in obtaining coffee to go, which is usually healthier.

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Takeaway coffee demand is increasing globally as a result of reasons such as emerging café cultures among today’s youth, urbanisation, food service outlets, white-collar demography, and more discretionary income. Improvements in living circumstances and shifts in work culture, particularly in the business sector, are expected to enhance takeaway coffee sales internationally.

Businesses are strengthening their service methods and enhancing their existing brands in order to increase consumer pleasure and, as a result, promote loyalty, which are additional drivers pushing the global take-out coffee market share. Demand for organic coffee is expected to rise in the near future as more people become aware of the health benefits of drinking coffee. Several options, including Barista, CCD, and Starbucks, have improved the consumer experience and changed the outlook for the take-out coffee market.+

The need for certified coffee products, consumer adoption of single-serve coffee brew systems, and constant innovation driven by the leading companies in the industry are all factors contributing to the growth of the takeaway coffee market. Some consumers in wealthy economies may switch from cheaper instant coffee to more costly brands due to concerns about flavour and quality. Previously seen as a luxury good, instant coffee’s market dynamics have changed as its younger user base has started to dwindle. Takeaway coffee consumption has increased, and the long-term trends seem to be favourable.

The number of people who consume take out coffee is predicted to rise in the future years in many countries. This is expected to increase the take out coffee market’s growth by broadening the total consumer base.

Key Takeaways:

  • The take out Coffee market is projected to have a CAGR of 8.8% in 2032.
  • In 2021, North America dominated the take out coffee market, accounting for 27.1 percent of total revenue.
  • The plant-based segment dominated the take out coffee market and held the largest revenue share of 84.0% in 2021.
  • With 33.2 percent of total revenue, the United States, Japan, and Germany dominate the take out Coffee market share.

Competitive Landscape:

The key players operating in the take out coffee market are LotteChilsung Beverage Co Ltd., PepsiCo, Asahi Group Holdings, Ltd., Suntory Beverage & Food, McDonald’s Corporation, Danone S.A., JAB Holding Company, and Dunkin Brands Group, Inc.

Recent Development:

  • Starbucks® Cold & Crafted, a Ready to Drink (RTD) coffee category that contains three flavours: Coffee with a Splash of Milk & Vanilla, Coffee with a Splash of Milk & Mocha, and Coffee Sweetened Black, will be available in 2021.
  • Tchibo released ground and whole bean coffee products in the United States in 2020, with dark, medium, and light roasts. In Illinois, Indiana, Iowa, Ohio, Michigan, Minnesota, Missouri, and Wisconsin, the products would be available at Jewel, Hy-Vee, and other merchants.

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Key Segments

By Distribution Channel:

  • On-trade
  • Off-trade

By Product Type:

  • Whole-Bean
  • Ground Coffee
  • Instant Coffee
  • Coffee Pods
  • Others

By Region:

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

Frequently Asked Questions

  • What is the CAGR of the Take Out Coffee Market?
  • Which is the Leading Region in the Take Out Coffee Market?
  • Which Segment Leads in the Take Out Coffee Market by Country?
  • Which Segment Leads in the Take Out Coffee Market by Milk Type

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Protein Powder Market with Revenue Projected to Reach US$ 36.6 Billion by 2032 | Future Market Insights

Protein Powder Market

The Protein Powder Market is poised for substantial growth, with a projected size of US$ 36.6 billion by 2032, fueled by an impressive 7.3% value CAGR from 2022 to 2032. This upward trajectory highlights the increasing demand for protein-rich supplements, driven by health-conscious consumers and athletes seeking nutrition and fitness solutions.

Protein powder products are aggressively marketed as helping athletes and other physically active consumers grow muscle and improve performance, resulting in a global sales increase.

Athletes need more physiological protein under multi-stress situations, such as goal-directed, frequent, intense, and/or prolonged training programmes, to maintain optimal protein synthesis and energy generation, as well as adequate immunological function and gut integrity.

As more athletes, fitness enthusiasts, and health-conscious consumers use protein supplements, the Protein Powder Market is quickly expanding. The market is expanding because to a growing awareness of the need of protein for muscle gain, weight control, and overall health. Organic and plant-based protein powders are also propelling the sector ahead.

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Protein requirements rise in tandem with the intensity and duration of athletic performance, leading to an increase in protein consumption in meals before and after the performance, as well as at regular intervals throughout the day, to ensure an adequate supply of essential or indispensable amino acids.

Protein powder is widely used by normal gym visitors as well. It is frequently taken in addition to other protein-rich foods, with no professional nutrition advice.

Protein powders have been shown to improve the adaptation response to resistance training in resistance-trained subjects under the age of 49, and various indicators of high protein intake have been linked to improved muscle function in young adults, boosting the protein powder industry.

Key Takeaways from the Protein Powder Market Study:

  • The North American region currently holds the largest market share and is expected to continue to do so due to the widespread appeal of protein powder products among health-conscious consumers and rising demand for functional foods.
  • According to FMI analysis, The European protein powder market is expected to grow at a rate of more than 5% per year through 2027, owing to the growing use of edible insects as protein supplements in meals and the growing demand for functional foods and drinks.
  • Germany is dominating the European protein powder market with due to the increased demand for plant protein in powder form.
  • Due to the growing livestock sector and increased awareness about animal health and nutrition, the protein powder industry from animal nutrition supplement application is expected to grow at a CAGR of over 6% through 2027.
  • The market for protein powder is growing due to rising obesity rates among children and adults, as well as increased usage of protein powder for weight loss.

Who is winning?

Key players operating in the global Protein Powder market are focusing on reaching a large consumer base by implementing various strategies such as product innovations, marketing & promotional activity, strengthening distribution channels, and adopting sustainable production.

Some of the leading companies offering protein powder are Omega Protein, Amway, Abbott Laboratories, Glanbia Group, Herbalife International of America Inc., Vitaco Health, ABH Pharma Inc., GlaxoSmithKline, Makers Nutrition, Living Inc., and others.

Get Valuable Insights into Protein Powder Market 

FMI, in its new offering, provides an unbiased analysis of protein powder presenting historical demand data (2017-2022) and forecast statistics for the period from (2022-2032).

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Protein Powder Market by Category

By Product Type:

  • Animal Protein
    • Dairy Protein
  • Milk Protein (Concentrate/ Isolate)
  • Whey (Concentrate/ Isolate/ Hydrolysates)
  • Casein
    • Egg Protein
    • Gelatin
  • Plant Protein
    • Soy Protein
    • Pea Protein
    • Wheat Protein
    • Others

By Nature, Protein Powder Market is Segmented as:

  • Organic
  • Conventional

By Flavor, Protein Powder Market is Segmented as:

  • Plain Flavor
  • Classic Flavor
    • Vanilla
    • Chocolate & Coffee
  • Cookies and Cream
  • Fusion Flavor
  • Nut Flavor
  • Fruity Flavors
    • Strawberry
    • Blueberry
    • Banana
    • Others
  • Others

By End Use, Protein Powder Market is Segmented as:

  • Dietary Supplements
  • Food and Beverage
    • Ready to Beverage Drinks
    • Functional Foods
    • Infant Food Formula
    • Others
  • Pharmaceuticals
  • Others

By Distribution Channels, Protein Powder Market is Segmented as:

  • Direct
  • Indirect
    • Store based Retailing
      • Modern Grocery Retailers
        • Hypermarkets/ Supermarkets
        • Convenience Stores
        • Specialty Sports Store
        • Drug Store
      • Online Retailing
      • Others

By Region, Protein Powder Market is Segmented as:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • MEA

Frequently Asked Questions:

  • How Big is the Protein Powder Market?
  • At what Growth Rate is Plant Protein Powder Market Growing?
  • What is the North America Protein Powder Market Outlook?
  • At What Rate will Protein Powder Demand Grow in Europe?
  • What Are the Key Trends Shaping the Protein Powder Market?

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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T: +1-845-579-5705
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AI Revolutionizes Media & Entertainment: Market Surges to $132.16 Billion by 2032

The AI in Media & Entertainment Market, a dynamic and innovative sector, exhibited remarkable growth in 2021, with a market size of US$ 10.4 Billion. As we move forward into the digital age, the AI in Media & Entertainment sector is poised for exponential expansion.

Forecasts indicate a striking compound annual growth rate (CAGR) of 26% from 2022 to 2032, eventually reaching a staggering US$ 132.16 Billion. In 2022 alone, the market is expected to reach US$ 13.1 Billion, signifying a year-on-year (Y-o-Y) growth of 26% compared to 2021.

On the contrary, owing to the vast array of benefits and increasing trends, this industry brings along a few shortcomings as well which restrains the market growth. These aspects include the risk of customer privacy and a dearth of skilled professionals in the AI industry.  Moreover, the cost of maintenance and complicity of the process acts as the prominent growth restraining factors.  

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Key Takeaways from the Market Study?

  • By solution, AI in media & entertainment services to capture 59.2% revenue in 2022  
  • By application, sales & marketing segment to accumulate a revenue share of 21.7% 
  • The North American market is expected to secure US$ 65 Billion while expanding at a CAGR of 24.2%?? 
  • Asia Pacific to record a CAGR of 26.8% during the forecast period?ranging from 2022-2032 
  • Global AI in media & entertainment market worth to expand 10x from 2022 to 2032 

“The global AI in Media & Entertainment market is expected to show a remarkable growth in the forecast period owing to the increasing popularity of OTT platforms and enhanced online gaming experience,”?says an FMI analyst. 

Competitive Landscape?? 

Key players in the global AI in Media & Entertainment market include

  • Amazon Web Services, Inc.,
  • EMG,
  • Gearhouse South Africa Pty. Ltd.,
  • Gravity Media,
  • GrayMeta,
  • International Business Machines Corp.,
  • LMG, LLC,
  • Matchroom Sport Ltd.,
  • Production Resource Group, L.L.C.,
  • Synthesia Ltd.,
  • TAIT,
  • Valossa Labs Ltd.,
  • Veritone, Inc.,

Pixellot, PlaySight Interactive Ltd., AISportsWatch GmbH, Spiideo, Sport way AB, EVS Broadcast Equipment S.A., Hudl, Move.ai, AutomaticTV, among others.

Some of the recent developments among the players are:? 

  • In May 2022, Amazon Web Services, Inc.?(AWS), an?Amazon.com, Inc.?company, announced the general availability of?Amazon?Elastic Compute Cloud (Amazon?EC2) C7g instances, the next generation of compute-optimized instances powered by AWS-designed Graviton3 processors.? 
  • In May 2022, Taboola, a global leader in powering recommendations for the open web, helping people discover things they may like, today announced it has entered into a definitive agreement to acquire?Gravity R&D, a leading personalization technology company founded in data science. 

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Key Segments Covered in the AI in Media & Entertainment Industry Survey

AI in Media & Entertainment Market by Solution:

  • AI in Media & Entertainment Hardware/Equipment
  • AI in Media & Entertainment AI in Media & Entertainment Services

AI in Media & Entertainment Market by Application:

  • AI in Media & Entertainment in Fake Story Detection
  • AI in Media & Entertainment in Plagiarism Detection
  • AI in Media & Entertainment in Personalization
  • AI in Media & Entertainment in Production Planning & Management
  • AI in Media & Entertainment in Sales & Marketing
  • AI in Media & Entertainment in Talent Identification
  • AI in Media & Entertainment in Content Capture
  • AI in Media & Entertainment in Sports Automatic Productions
    • Video Production
    • Broadcasting & Live Streaming
    • Analytics

AI in Media & Entertainment Market by Region:

  • North America AI in Media & Entertainment Market
  • Latin America AI in Media & Entertainment Market
  • Europe AI in Media & Entertainment Market
  • Asia Pacific AI in Media & Entertainment Market
  • Middle East & Africa AI in Media & Entertainment Market

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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 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:      

Nandini Singh Sawlani 

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Building-Integrated Photovoltaics Market Surges with 21% CAGR, Projected to Reach US$ 134.31 Billion by 2032

The building-integrated photovoltaics market is anticipated to expand at a 21% value CAGR between 2022 and 2032. This market is predicted to have grown significantly from its projected $16.5 billion global market size in 2021 to a total of $134.31 billion by 2032.

Integrated with structure Since PV (photovoltaic) capacity is increasing quickly in many countries and demand for renewable energy is rising, the photovoltaics industry is predicted to grow dramatically.

Among the countries that have voluntarily accepted the Kyoto Protocol, a plan to reduce greenhouse gas emissions, are Italy, Germany, France, the United States, China, Japan, and India. Important contributing factors include self-sufficiency, improved public understanding of energy security, and sound public policy.

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Key Takeaways from the Market Study  

  • In 2021, the market was estimated to have a global valuation of US$ 16.5 Billion.  
  • In 2022, the market is estimated to have a global market size of US$ 19.97 Billion 
  • The building-integrated photovoltaics market in Europe occupied a market share of 37.68% in 2021.  
  • The crystalline silicon segment took over 72% of the global building-integrated photovoltaics market share.  
  • Nearly 62% of building-integrated photovoltaics sales to be for roof applications 
  • As of 2021, the industrial segment accounted for 40.5% of the global market. 

“With strict regulations towards the green building movement and the increasing demand from eco-conscious consumers, the demand for Building-integrated Photovoltaics is increasing globally at a rapid pace. This is also being supported by various government regulations to promote the use for enhanced sustainability and better energy efficiency. New technological development in this field is sure to open up new avenues for the manufacturers in the future,” 

Competitive Landscape  

As a way to gain more market penetration and meet the changing needs of architects and construction contractors, Building-integrated Photovoltaics manufacturers have developed multiple joint ventures, partnerships, agreements, and collaborations.  

  • In October 2021, Meyer Burger, a Swiss manufacturer of PV modules, began offering BIPV systems. Meyer Burger will offer rooftop solar power systems.  
  • In 2021, Onyx Solar, a Spanish producer of BIPV solar systems, installed approximately 3,250 crystalline solar modules on the facade of Sterling Bank’s Nigerian headquarters.  
  • In September 2021, China Southeast Space Frame Group (SSFG) and First PV formed a joint venture to install 950 MW of solar PV in China over the next five years.  

Key Players

  • SolarWindow Technologies, Inc.
  • Hanergy Mobile
  • AGC Inc.
  • Energy Holding Group Limited
  • The Solaria Corporation
  • Carmanah Technologies Corp.
  • Heliatek GmbH,
  • Greatcell
  • BELECTRIC
  • Tesla
  • ertex solartechnik GmbH

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Key Segments Covered In The Building-Integrated Photovoltaics Market Report

Building-integrated Photovoltaics Market by Technology:

  • Thin Film Building-integrated Photovoltaics
  • Crystalline Silicon Building-integrated Photovoltaics
  • Other Building-integrated Photovoltaics Technology

Building-integrated Photovoltaics Market by Application Type:

  • Building-integrated Photovoltaics for Roofs
  • Building-integrated Photovoltaics for Walls
  • Building-integrated Photovoltaics for Façades
  • Building-integrated Photovoltaics for Glass
  • Building-integrated Photovoltaics for Other Applications

Building-integrated Photovoltaics Market by End-User:

  • Industrial Building-integrated Photovoltaics
  • Residential Building-integrated Photovoltaics
  • Commercial Building-integrated Photovoltaics

Building-integrated Photovoltaics Market by Region:

  • North American Building-integrated Photovoltaics Market
  • Europe Building-integrated Photovoltaics Market
  • Asia Pacific Building-integrated Photovoltaics Market
  • Middle East & African Building-integrated Photovoltaics Market
  • Latin America Building-integrated Photovoltaics Market

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Future Market Insights (FMI), an ESCOMAR certified market research and consulting firm, has published an in-depth report on the Building-Integrated Photovoltaics (BIPV) Market. The report predicts a promising future for the BIPV market, with a surge in global revenue in the coming years. It explores the top regions contributing to market growth, key players and their market share, driving factors, and challenges faced by the industry. The study emphasizes the significant role of BIPV in sustainable energy solutions and highlights opportunities for businesses seeking to invest in this dynamic sector.

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 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:      

Nandini Singh Sawlani 

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Gas Turbine Market: Projected to Reach US$ 61.1 Billion by 2033 – Insights, Trends, and Growth Opportunities

Gas Turbine Market
Gas Turbine Market

According to projections, the gas turbine market is anticipated to see substantial growth, reaching a valuation of US$ 61.1 billion by the year 2033, a significant increase from its value of US$ 40.8 billion in 2023. Over the span of a decade, from 2023 to 2033, experts estimate the market will maintain a steady growth trajectory, boasting a compound annual growth rate (CAGR) of 4.1%.

The gas turbine market is poised to witness steady growth over the upcoming years. The surging demand for electricity propelled by rapid urbanization and robust construction activities has been augmenting the market growth. In addition to this, industrialization in developing countries is also rising. In several economies, the initiation of many smart building and smart city projects is accelerating the electricity demand.

To meet the heightened electricity demand, the private as well as public sectors are enhancing their power plant capacity by extending their power plant capacity or by installing additional new power plants. The new infrastructural development projects are chiefly considering installing these turbines as they are less harmful and more efficient.

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The global gas turbine market is positively influenced by the robust technological advancements occurring in the energy sector. This, in addition to an enhanced focus on distributed power generation technology, is aiding the market growth. Further, increasing government support for power generation technologies that help reduce GHG emissions, is fueling the market development.

Key Highlights of the Gas Turbine Industry:

  • The United States is projected to hold a huge chunk of the global gas turbine market share. The market is anticipated to account for a US$ 10.5 billion market valuation by 2033, expanding at a CAGR of 4.8% over the forecast period.
  • China is predicted to be a significant market for gas turbines in the Asia Pacific region. The market is estimated to hold US$ 4.7 billion by 2033, registering a CAGR of 4.3%from 2023 to 2033. The paradigm shift to gas-based power generation, from the previously used coal-based power generation, is propelling market growth.
  • The United Kingdom is assessed to atta in US$ 4.3 billion by 2033. The market is expected to expand at a CAGR of 4.8% in the coming years.
  • The combined cycle technology is predicted to expand at a CAGR of 4.2% over the forecast period, up from the CAGR of 3.4% witnessed in the historical period.

News Featuring Market Developments by Key Players of the Gas Turbine Market:

  • In March 2021, General Electric declared that it would provide the United Arab Emirates, with the first two HA gas turbines. These gas turbines are anticipated to be the most effective power plants in the utility sector of the Middle East region. General Electric has been estimated to supply a total of three 9HA.01 gas-fueled turbines.
  • In May 2021, MITSUBISHI HEAVY INDUSTRIES, LTD. revealed that it has launched a new turbine, which is working in a gas business in Dubai. This new gas turbine combined cycle unit focuses on the J-Series Air-cooled gas-based turbine that is capable of operating on a blend of 30% hydrogen and 70% natural gas.

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Market Segments

By Type:

  • Heavy-duty Gas Turbines
  • Industrial Gas Turbines
  • Aero Derivative Gas Turbines

By Capacity:

  • Less than 40 MW
  • 40–120 MW
  • 120–300 MW
  • Above 300 MW

By Application:

  • Power Generation
  • Aviation
  • Oil & Gas
  • Industrial

By Technology:

  • Open Cycle
  • Combined Cycle

By Region:

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

Author

Sneha Varghese (Senior Consultant, Consumer Products & Goods) has 6+ years of experience in the market research and consulting industry. She has worked on 200+ research assignments pertaining to Consumer Retail Goods.

Her work is primarily focused on facilitating strategic decisions, planning and managing cross-functional business operations, technology projects, and driving successful implementations. She has helped create insightful, relevant analysis of Food & Beverage market reports and studies that include consumer market, retail, and manufacturer research perspective. She has also been involved in several bulletins in food magazines and journals.

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 ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Nandini Singh Sawlani  

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Polymer Solar Cells Market: Set to Achieve Remarkable Growth with a High CAGR of 21.5% by 2027 – Insights, Trends, and Future Outlook

Polymer Solar Cells Market
Polymer Solar Cells Market

Global Polymer Solar Cells Market: Forecast

Analysis of Future Market Insights points out to a huge growth of the polymer solar cells market during the assessment period of 2017-2027. According to the global research report on polymer solar cells, the global market is anticipated to reach a value of US$ 296.3 Million from a market evaluation of US$ 34.5 Million in 2016 with a boosting CAGR of 21.5% throughout the period of assessment.

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Global Polymer Solar Cells Market: Dynamics Impacting the Global Market

The main aspects boosting the growth of the global polymer solar cells market is the development of the electronics and electrical industry, rising demand for sources of renewable energy, increasing government support and initiatives, increasing construction activities associated with green buildings along with expanding automobile and the construction industries. Various trends are discussed in the research study, which have an indirect impact on the market’s growth, to name a few, the enhancement of manufacturing techniques of polymer solar cells (which reduce costs and enhance performance), development of electronic devices, improvement in the energy payback time with respect to both finance and energy, focusing on development of new material in order to make photovoltaics as the best alternative to organic fuels, development of new plastic solar cells to minimize energy loss and increasing the life span of organic solar photovoltaic cells. However the global polymer solar cells market is not without of challenges. High dependency on fossil fuels, high fluctuations in the prices of oil and gas, comparatively less power conversion capacity, higher dependency on hydroelectricity, low stability and strength, availability of alternatives and limited operational life of organic solar cells might pose restraint to the growth of the global polymer solar cells market.

Global Polymer Solar Cells Market: Segmental Snapshot

The global solar cells market is segmented by junction type (single layer, bilayer, bulk heterojunction, multi junction and others), by technique (printing technique, coating technique), by application (BIPV consumer electronics, automotive, defense and emergency and others) and by region (North America, Western Europe, Eastern Europe, Latin America, Asia Pacific excluding Japan, Japan and Middle East and Africa).

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By region, Asia Pacific excluding Japan (APEJ) region is anticipated to dominate the global polymer cells market with respect to high market share during the forecast period. This region is projected to grow at the highest CAGR of 24.6% throughout the period of assessment 2017-2027. The main contributor is China, which shows high potential and is the fastest growing country with a high CAGR of 25.5% during the forecast period. North America, Japan and Western Europe also poised to show significant growth in the coming years

By product type, the multi-junction segment is expected to grow at a higher pace than any other segments during the assessment period. However, the bulk heterojunction segment is estimated to show higher market share thus leading the global polymer solar cells market

By technique, the printing segment is expected to show a high market share and high growth rate than the coating segment, to reach a value a little under US$ 240 Mn and is poised to register a robust CAGR throughout the forecast period

With respect to the application category, the BIPV segment is poised to grow at the highest rate to register a CAGR of 23.3% during the assessment period. It is also anticipated to witness high market share, thus leading the global polymer solar cells market by application

Global Polymer Solar Cells Market: Competition Analysis

The global polymer solar cells market has included several key players involved in the manufacturing and supply of polymer solar cells. The report has profiled companies such as Heliatek GmbH, InfinityPV ApS, BELECTRIC OPV GmbH (OPVIUS GmbH), SUNEW, Solarmer Energy, Inc., Armor Group, Solvay S.A., Eight19 Ltd., SolarWindow Technologies, Inc., and Raynergy Tek Incorporation.

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Market Segmentation

By Junction Type

  • Single Layer
  • Bilayer
  • Bulk Heterojunction
  • Multi-junction
  • Others

By Application

  • BIPV (Building Integrated Photovoltaic)
  • Consumer Electronics
  • Automotive
  • Defence and Emergency
  • Others

By Technique

  • Printing Technique
  • Coating Technique

By Region

  • North America
  • Western Europe
  • Eastern Europe
  • Latin America
  • APEJ
  • Japan
  • MEA

Author

Sneha Varghese (Senior Consultant, Consumer Products & Goods) has 6+ years of experience in the market research and consulting industry. She has worked on 200+ research assignments pertaining to Consumer Retail Goods.

Her work is primarily focused on facilitating strategic decisions, planning and managing cross-functional business operations, technology projects, and driving successful implementations. She has helped create insightful, relevant analysis of Food & Beverage market reports and studies that include consumer market, retail, and manufacturer research perspective. She has also been involved in several bulletins in food magazines and journals.

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 ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Nandini Singh Sawlani  

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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IoT Device Management Platform Market size to reach a Value of US$ 39.7 Billion by 2032

Future Market Insights (FMI)’s research of IoT device management platforms indicates that from 2022 to 2032, market demand would rise at a robust CAGR of 24.4%.

According to the analysis, by the end of 2022, the market is predicted to be valued at around US$ 4,463.5 million. It is anticipated that reasons including the general growth of IoT networks and systems, growing worries about network security, growing demand to track health, etc., would propel sales.

Systems for managing IoT devices enable enterprises to gather and examine data. It also serves as a link between users’ downstream data servers and corporate apps and the edge network, which is expected to boost growth.

An IoT network and device management platform provides centralized management, uncomplicated provisioning, and real-time insights into all current device and integrations to support organizations stay on top of their deployment. IoT device management platform is integrated with a strong and accessible wireless solution, it permits users to easily broaden IoT network and solutions at the reduced cost and complexity thus, all these advantages offered by the IoT device management platform are contributing to the market growth.

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Wearable technology, like smart watches, have an enormous potential in the IoT space and for numerous businesses. Fitness and lifestyle-based businesses will mainly find this trend advantageous, considering the fact that various smart watches and wearable devices are combined with health and fitness tracking options.

Wearable IoT devices could be utilized to protect and monitor heart attacks, monitor EMG sensors for stroke patients, and monitor asthma. IoT device management platform offers features such as real time device tracking, secure connectivity and data collection, data integration across apps/devices, over the air software updates, and sensor data analytics for smart wearables. Thus, development of wearable IoT technology is increasing the demand for smart wearables.

Agriculture industry is one the major industries for adoption of IoT technologies for a wide scale of applications like smart irrigation, activating frost fans, automated feeding systems to tank and feed bin tracking, and other mechanized procedures. Predictive analytics feature offered by IoT device for smart farming is the major trend in the agriculture industry because its helps farmers to make plans concerning the production and storage of the crops, marketing approach, and risk management.

As per the report by Business Application Research Center (BARC), the adoption of IoT devices in the agriculture industry have reached US$ 75 million in the year 2020, growing at around 20% annually. Smart farming based on IoT technologies permits farmers to reduce waste and improve productivity ranging from the amount of fertilizers used to the number of journeys the farm vehicles have made, and enabling well organized usage of resources like electricity, water, etc.

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“The demand of IoT device management platforms is increasing in the manufacturing sector as these platforms helps in monitoring both equipment settings and the outcome of each production step which offers manufacturers stronger assurance of analyzing quality issues at the source. The adoption of IIoT (Industrial Internet of Things) in the manufacturing industry and increasing usage of technologies such as 5G, AI, and Big Data will continue fueling demand,” says an FMI analyst.  

Key Takeaways: 

  • By solution, the IoT device management platform segment is anticipated to account for the leading share in the global demand for IoT device management platform in 2022.
  • By enterprise size, the small and mid-sized enterprises segment is estimated to grow at a robust CAGR of 26.0% through 2032.
  • By industry, the healthcare segment is anticipated to grow at a CAGR of 33.1% between 2022 & 2032.
  • Europe is expected to progress at the highest CAGR of around 33.0% followed by South Asia and Pacific in 2032.
  • The market in Japan is expected to progress at a CAGR of around 27.8% through 2032.
  • In India, sales are expected to grow at a CAGR of close 34.0% over the next ten years.

IoT Device Management Platform Outlook by Category
By Solution:

  • IoT Device Management Platform
    • Cloud-based
    • On-premise
  • Services
    • Professional Services
      •  Consulting
      •  Integration and Deployment
      •  Support & Maintenance
    • Managed Services

By Enterprise Size:

  • Large Enterprises
  • Small and Mid-Sized Enterprises (SMEs)

By Industry:

  • Manufacturing
  • IT and Telecom
  • Government
  • Healthcare
  • Transport and Logistics
  • Energy and Utilities
  • Retail

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 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:      

Nandini Singh Sawlani 

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

 

 

 

Flare Gas Recovery System Market: Expected to Increase at 5.9% CAGR by 2031

Flare Gas Recovery System Market
Flare Gas Recovery System Market

According to a recent analysis conducted by Future Market Insights (FMI), the flare gas recovery system market saw a growth of 4.8% in 2021, reaching a total value of US$ 1.05 billion. Looking ahead, FMI predicts a continuous upward trend, with sales of flare gas recovery systems projected to rise at a compound annual growth rate (CAGR) of 5.9% between 2021 and 2031.

Compressor technology is anticipated to remain one of the highly sought-after, and sales of modular flare gas recovery systems will increase at a steady pace, exhibiting growth at a 5.7% CAGR in 2021. Incredible revenue generated by the oil and gas segment of the flare gas recovery system (FGRS) market rose gradually in 2021. The FGRS market is driven by regulation. Historically, the market witnessed impressive growth after 2015, when the World Bank launched its “Zero Flaring by 2030” initiative.

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The ‘Zero Flaring by 2030’ was launched in order to end routine flaring by 2030, by facilitating cooperation between stakeholders to find solutions to curb gas flaring through appropriate regulations, adoption of technologies, and financial arrangements. In addition to that, the leading flare gas recovery system manufacturing companies are focusing on offering highly efficient and cost-effective options that reduce the payback period.

Compelling Market Trends

On the basis of configuration, the skid-mounted systems segment is accounted for a dominant market share of around 65% of the flare gas recovery systems market in 2021. These systems are used extensively in end-use sectors owing to their high degree of customization and efficiency.

On the basis of application, the oil and gas sector is anticipated to possess for more than 60% of the total flare gas recovery system market share by 2031. In addition to that, various industries such as petrochemical refineries, NGL plants, fuel gas conditioning, and others from the oil and gas sector require these systems for flare gas recovery.

Based on technology, the liquid ring compressor is expected to emerge as one of the most preferred technology types utilized in the global flare gas recovery market. Being a very simple and compact design, it consists of minimal pressure fluctuation and isothermal gas compression making it the most preferred choice for gas recovery applications.

Growth Drivers

Operating pressure, of more than 5 bar (small) is likely to remain one of the most extensively utilized ranges of flare gas recovery systems. This particular segment is forecasted to account for 36.5% of the total flare gas recovery system market share in 2021.

On the basis of the flow rate, up to 2 MMSCFD segment is predicted to account for over 29.4% of the total flare gas recovery systems market. These systems are widely being adopted as the components are easily available and are cost-effective while reducing the payback period.

Competitive Landscape

Key manufacturers operating in the global flare gas recovery system market are concentrating on expanding their presence in an emerging market to improve sales. Besides this, key players are investing in mergers, acquisitions, strategic collaborations, and partnerships to strengthen their distribution channels and expand production facilities.

Recent Developments

In 2020, Zeeco, Inc., announced that Saudi Aramco has granted 9COM approval to Zeeco for a variety of combustion equipment manufactured at the Zeeco Middle East, Ltd. facility in Dammam.

Key Players:

  • Honeywell UOP
  • Cimarron Energy, INC.( Jordan Technologies)
  • Wärtsilä
  • Zeeco, Inc
  • SoEnergy International
  • John Zink Hamworthy Combustion
  • Ramboll Group, Inc.

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Valuable Insights into the Flare Gas Recovery System Market

The North American region is anticipated to dominate the global flare gas recovery system market over the valuation period. The U.S. is likely to account for over 76% market share through 2031.

According to World Bank, the U.S. accounted for 70% of global flaring decline, with gas flaring falling by 32% from 2019 to 2020, due to an 8% drop in oil production, combined with new infrastructure to use gas that would otherwise be flared. This indicates the successful implementation of regulation and increasing use of renewable energy in the country.

The demand for the flare gas recovery system market in the Middle East and African markets is predicted to surge at nearly 5.0% CAGR over the forecast period. Countries such as Qatar, KSA, Algeria, and Tunisia have emerged as prominent players in the flare gas recovery system market in terms of consumption.

Europe is likely to be one of the primary manufacturers of flare gas recovery systems across the globe. In 2021, the global market accounted for over 14% of total flare gas recovery system sales. As per FMI, Russia is expected to hold 12.9% of the Europe market share in 2031.

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Flare Gas Recovery System Market by Category

By Operating Pressure:

  • Upto 5 bar (small)
  • 5 to 10 bar (medium)
  • 10 to 20 bar (large)
  • 20 to 60 bar ( very large)

By Configuration:

  • Modular
  • Skid Mounted

By Technology:

  • Compressor
  • Ejector Based

By Flow Rate:

  • Upto 2 MMSCFD
  • 2 to 5  MMSCFD
  • 5 TO 10 MMSCFD
  • 10 TO 20 MMSCFD
  • 20 to 50 MMSCFD

By Application:

  • Oil & Gas
  • Chemical Plants
  • Storage Tanks
  • Bio Gas & Landfill
  • Industrial flue gas treatment

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • Middle East and Africa (MIDDLE EAST AND AFRICA)

Author

Sneha Varghese (Senior Consultant, Consumer Products & Goods) has 6+ years of experience in the market research and consulting industry. She has worked on 200+ research assignments pertaining to Consumer Retail Goods.

Her work is primarily focused on facilitating strategic decisions, planning and managing cross-functional business operations, technology projects, and driving successful implementations. She has helped create insightful, relevant analysis of Food & Beverage market reports and studies that include consumer market, retail, and manufacturer research perspective. She has also been involved in several bulletins in food magazines and journals.

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 ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Nandini Singh Sawlani  

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Revolutionizing Logistics: Global 3PL Software Market Set to Soar, Anticipating $2.3 Billion by 2032

The worldwide 3PL software market is expected to reach US$ 1.24 billion by 2022, up from an anticipated US$ 1.20 billion in 2021, according to a research released recently by Future Market Insights. From 2022 to 2032, the market is expected to expand at a compound annual growth rate (CAGR) of 6.4%. Companies are now able to provide software that is individualised, flexible, and focused on the needs of their customers thanks to the capacity to electronically gather data, automate warehouse operations, and digitise the whole supply chain.

As a result, 3PL businesses employ cutting-edge technology, such as 3PL software, mobile technologies, and blockchain solutions, to obtain a competitive edge in a very competitive industry. Over the period of 2015–2021, the industry saw a CAGR of 7.1%.

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Using Automated Guided Vehicles (AGVs) can result in fewer human errors, improved workflow, increased precision, and improved productivity and service. Increasingly, companies are embracing logistics automation to deliver immediate value and long-term results.

Reduced operational costs are the result of shippers shifting their focus from logistics and back-office activities such as warehouses, order picking & packing, kitting & final assembly, sourcing, and labeling. Shippers can use these value-added software services to mitigate inventory & transportation costs, which in turn is becoming a boon for the 3PL software market.

Key Takeaways:

  • Global 3PL software market to flourish 1.8x during the forthcoming decade, reaching US$ 2.3 Billion
  • 3PL software to generate an absolute value of US$ 1.1 Billion from 2022-2032
  • Technological industry to make maximum use of 3P software, growing at a 6.3% CAGR
  • By mode of transport, roadways segment to expand at a CAGR of 6.5% during the forecast period
  • In the U.S., the market is predicted to reach US$ 839.5 Million while growing at a CAGR of 6.2% during the forecast period
  • China’s market is expected to reach a market value of US$ 174.6 Million with a CAGR of 6.1%

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“Supporting the rapid growth of automated logistics services, E-commerce, and IoT solutions over the upcoming years will help to increase demand for 3PL software in the future,” remarks an analyst at FMI.

Competitive Landscape

Through strategic partnerships, manufacturers can increase production and meet consumer demand, increasing both their revenues and market share. The introduction of new products and technologies will allow end-users to reap the benefits of new technologies. Increasing the company’s production capacity is one of the potential benefits of a strategic partnership.

  • In May 2022, Enveyo, announced that its Insights parcel analytics platform has helped Saddle Creek Logistics Services streamline and automate the management of parcel analytics and client billing. As part of the implementation of Enveyo’s parcel analytics solution, Insights, Saddle Creek eliminated the manual and time-consuming process of shipment reporting and billing.

  • In May 2022, Zethcon Corporation has announced that the company’s flagship Synapse WMS product has been successfully implemented by RBW Logistics, a third-party logistics provider (3PL) based in Augusta, Georgia. For RBW to best serve existing customer needs and provide expanded capabilities required to support new growth opportunities, Zethcon provided its warehouse management system (WMS) and 3PL expertise.

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Key Segments Covered In The 3PL Software Market Report

By Mode of Transport:

  • Railways
  • Roadways
  • Waterways
  • Airways

By Service Type:

  • Dedicated Contract Carriage (DCC)
  • Domestic Transportation Management
  • International Transportation Management
  • Warehousing & Distribution
  • Other Service Types

By Industry:

  • Technological Industry
  • Automotive Industry
  • Retailing Industry
  • Elements Industry
  • Food & Groceries Industry
  • Healthcare Industry
  • Other Industries

By Region:

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

More Valuable Insights Available

Future Market Insights, in its new offering, presents an unbiased analysis of the global 3PL software market, presenting historical market data (2015-2021) and forecast statistics for the period of 2022-2032.

The study reveals essential insights by mode of transport (railways, roadways, waterways and airways), service type (dedicated contract carriage (DCC), domestic transportation management, international transportation management, warehousing & distribution and others) and industry (technological, automotive, retailing, elements, food & groceries, healthcare and others) across five major regions (North America, Europe, Asia Pacific, Middle East and Africa, Latin America).

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 over400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:      

Nandini Singh Sawlani 

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