Encapsulated Flavours Market: Innovation in Food Preservation and Flavor Delivery

The global Encapsulated Flavors market share is on a significant growth trajectory, with projections indicating an increase from USD 3.4 billion in 2024 to USD 5.7 billion by 2034. This growth, at a CAGR of 5.3% over the forecast period, is driven by evolving consumer preferences for clean label products and advancements in encapsulation technology.

Market Dynamics and Key Trends

Encapsulated flavors have experienced a notable uptick, propelled by the clean label movement that favors transparency and natural ingredients over artificial additives. This shift is in line with increasing consumer health consciousness, which drives the demand for natural extracts perceived as healthier alternatives.

Manufacturers are expanding their reach into niche markets and specialty products, leveraging technological advancements in encapsulation. Techniques such as spray drying and fluid bed coating are enhancing flavor stability and controlled release, allowing for the effective integration of complex and delicate flavors into a variety of products.

Key Industry Highlights

  • Product Type Segmentation: Flavor Blends, which hold a 32.5% share in 2024, are anticipated to grow at a CAGR of 4.8% through 2034. These blends offer versatility across food, beverage, and pharmaceutical industries, meeting specific application requirements and consumer preferences.
  • End-Use Application Segmentation: The Pharmaceutical and Personal Care segment, contributing 16.8% of the market in 2024, is expected to advance at a CAGR of 5.2%. Encapsulated flavors in this segment offer functional benefits, including antimicrobial properties and skin-soothing effects, aligning with trends toward multifunctional and natural ingredients.
  • Flavor Type Segmentation: Citric Flavors are gaining traction in beverages and confectionery due to their refreshing and zesty profile. Their popularity is supported by the clean label trend, which emphasizes natural and transparent ingredient sourcing.
  • Encapsulation Process Segmentation: Innovations in Spray Drying, Spray Congealing/Chilling, Fluid Bed Coating, and Glass Encapsulation are enhancing flavor stability and shelf life. These advancements are crucial for meeting consumer demand for consistent and high-quality flavors.

Regional Insights

  • United States: The market is projected to grow at a CAGR of 4.9%, with sales expected to reach USD 1.3 billion by 2034. Advances in encapsulation technology are facilitating the broad application of flavors across various product categories.
  • Germany: Expected to account for 17.5% of European sales, Germany’s market is growing at a CAGR of 5.2%. The favorable regulatory environment is driving innovation and supporting the adoption of encapsulated flavors.
  • China: China’s market is anticipated to reach USD 987.5 million by 2034, growing at a CAGR of 4.5%. The country’s focus on high-quality encapsulation technologies enhances its competitive position in global markets.

Competition Outlook

Manufacturers are also looking to preserve their demand space position by focusing on product quality, innovation, and matching varied customer preferences.

For instance

  • PLT Health Solutions, Inc. launched a broad-spectrum anti-microbial activity, a new flavor encapsulating technology that helps in extending shelf life and enhanceing flavor in a variety of food and beverage products.

Leading Encapsulated Flavors Brands

  • Symrise AG
  • International Flavors & Fragrances Inc.
  • Cargill Incorporated
  • Instant Foods
  • Kerry Group
  • Firmenich SA
  • FONA International Inc.
  • Clextral
  • Gold Coast Ingredients, Inc.
  • Synthite Industries Limited
  • Others

Key Segments of the Report

By Product Type:

As per product type, the ecosystem has been categorized into Flavor Blends, Essential Oils, Natural Extracts, and Other Product Types

By Encapsulation Process:

This segment is further categorized into Spray Drying, Spray Congealing/Chilling, Fluid Bed Coating, Glass Encapsulation, and Other Processes

By Flavor Type:

As per the flavour type, the customer base has been categorized into Fruit Flavors, Nut Flavors, Chocolate Flavor, Spice Flavors, Vanilla Flavor, Citric Flavor, Berry Flavor, and Other Flavors

By End- Use Application:

This segment is further categorized into Bakery and Confectionary, Cereal and Oatmeal, Snack Food, Frozen Food, Dairy Products, Beverages and Instant Drinks, Pharmaceutical and Personal Care, and Other Applications

By Region:

Industry analysis has been carried out in key countries of North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East & Africa.

About Future Market Insights (FMI)

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

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact FMI:
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T: +1-347-918-3531
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Polydextrose Market: A Comprehensive Analysis of Functional Fiber Demand and Health Trends

Polydextrose Market
Polydextrose Market

The global polydextrose market share is likely to generate a revenue of nearly US$ 226.6 million in the year 2023.

FMI projections further project the market to register a CAGR of 4.1% between the years 2023 and 2033. This report further predicts the demand for polydextrose, in terms of value, to reach US$ 338.4 million by the end of the year 2033.

The primary driver influencing the market is the rise in the knowledge of the advantages of using polydextrose sweeteners, such as their reduced calorie content and increased fiber content. Additionally, rising consumer demand for polydextrose prebiotics along with a change in consumer priorities for maintaining good health has strengthened the market further.

The sales of polydextrose are also anticipated to benefit from expanding areas of application in the food and beverage sector. Furthermore, an uptick in corn cultivation activities and a rise in food processing industries are the supply-side factors propelling the growth of the polydextrose market.

Key Takeaways from the Global Polydextrose Market Study Report

  • The estimated size of the United States polydextrose market is US$ 43.7 million in the year 2023. As per the market report, it is expected to progress at a 2.6% annual growth rate and reach US$ 56.7 million by 2033.
  • China’s polydextrose market is expected to grow at a higher CAGR of 5.9% than any other country over the next ten years. By the end of this forecast period, this regional market is poised to reach a valuation of US$ 42.5 million.
  • In the European region, the demand for polydextrose in Germany is anticipated to reach US$ 20.6 million by the end of 2033. The sales of polydextrose in Germany are projected to witness a year-on-year growth rate of 3.3% during these forecast years.
  • India is another noteworthy region with surging demand for polydextrose fiber supplements in the Asia Pacific region. The regional market is anticipated to grow at 4.6% CAGR during the forecast years and reach a valuation of US% 5.3 million by its conclusion.
  • Over the forecast years, the polydextrose powder segment examined in the report is anticipated to register a 2.4% CAGR. Meanwhile, the growth of the liquid polydextrose segment is readjusted to a higher CAGR over the coming ten years.
  • Based on end-use, the use of polydextrose sweeteners as dietary supplements is growing promisingly in the present market. As per the report, this segment is projected to grow at an annual rate of 5.7% over the forecast years.

Competitive Landscape for the Polydextrose Market Players

Tate & Lyle PLC, Danisco (DowDuPont Inc.), Cargill Inc., The Scoular Company, Baolingbao Biology, Samyang Corporation, Golden Grain Group Limited., Foodchem International Corporation, Shandong Bailong Chuangyuan Bio-Tech Co., Ltd., Henan Tailijie Biotech Co., Ltd, and Rajvi Enterprise Private Limited among others are some of the key players in the global polydextrose market.

  • Businesses have been shown to get into arrangements with producers of food and drinks in an effort to increase their sales of polydextrose supplements. Moreover, substantial marketing is anticipated to raise consumer knowledge about polydextrose soluble fiber and hence enhance demand for it in the future.
  • In 2017, Tate & Lyle Company updated its production line and increased production levels at its STA-LITE® Polydextrose factory in China,. This facility in Nantong currently has a capacity that is almost three times greater than it had earlier.

Market Segments Covered in Polydextrose Industry Analysis

By Form :

  • Powder Form
  • Liquid Form

By End Use :

  • Bakery & Confectionery
  • Breakfast Cereals
  • Snacks & Bars
  • Dairy Products
  • Desserts & Ice Cream
  • Soups, Sauces, & Dressings
  • Spreads & Fillings
  • Beverages & Dairy Drinks
  • Dietary Supplements
  • Animal Feed and Pet Food

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.

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact FMI:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
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Resveratrol Market Insights: Trends, Applications, and Growth in Nutraceuticals and Pharmaceuticals

Resveratrol Market1
Resveratrol Market

The global resveratrol marketis set to exhibit strong growth during the forecast period, with total valuation increasing from US$ 129 million in 2024 to US$ 356.4 million by 2034. Global demand for resveratrol is anticipated to expand at a CAGR of 10.7% throughout the forecast period.

The market for resveratrol has expanded significantly in recent years due to growing public knowledge of the compound’s health advantages. Because of its reputation for being an anti-inflammatory, anti-aging, and antioxidant, resveratrol is a highly sought-after ingredient in the food and beverage, cosmetic, and pharmaceutical industries.

The estimated worth of the worldwide resveratrol market in 2022 was US$ 118.60 Million. Sales of dietary supplements is likely to increase to US$ 278.3 Million by 2033 thanks to shifting customer tastes, with a CAGR of 8% predicted for the forecast period of 2023 to 2033.

One of the primary causes pushing up the price of resveratrol on the global market is the increasing demand from customers for nutritional supplements. Due to the product’s high anti-oxidant content and phenolic activities, which appeal to older consumers and athletes alike, as well as the rising incidence of health problems including cardiovascular diseases, the market is anticipated to expand. The public’s expanding use of nutraceuticals and the beauty industry’s increasing reliance on resveratrol both have an impact on the market’s expansion.

Utilising this material has been linked to a variety of benefits, such as anti-angiogenic, estrogen-like properties, skin-whitening, anti-aging, activation of collagen I, and the ability to shield cells from UV radiation-induced cell death and oxidative damage. Its penetration of the skin barrier and anti-aging qualities make it popular in both dermatology and cosmetology.

Resveratrol has experienced great penetration in developed North American economies due to growing consumer demand for natural and healthy products. Consumers are turning to resveratrol supplementation for its antioxidant as well as anti-inflammatory qualities. Cardiovascular issues have increased in frequency in the United States as a result of the people’s sedentary lifestyles, poor eating patterns, and hectic schedules. Resveratrol is a common ingredient in dietary supplements, which is anticipated to fuel the growth of the resveratrol market over the forecasted time period due to its multiple health benefits.

Key Takeaways:

  • The global resveratrol market is expected to be valued at US$ 123 Million by 2023.
  • From 2018 to 2022, the market demand expanded at a CAGR of 3.1%.
  • In 2022, the United States market for resveratrol accounted for about 17.3% of the global market share.
  • The Indian resveratrol market to experience a rapid CAGR of 14% from 2023 to 2033.
  • By product type, the extract or plant-based resveratrol was estimated to acquire more than 40% share in 2022.
  • By Isomer, the trans-resveratrol had acquired a market share of 87%.

“Resveratrol is gaining traction owing to its health benefits and having antioxidant, anti-inflammatory and anti-aging properties,” says an analyst at FMI.

Competitive Landscape:

Prominent players in the resveratrol market are:

  • DSM Nutritionals
  • Evolva
  • Endurance Product Company
  • Great Forest Biomedical
  • Laurus Labs Limited
  • JF-NATURAL
  • Sabinsa Corporation
  • Resvitale LLC
  • Shanghai Natural Bio-engineering Co., Ltd.

Some key developments in this market are:

  • In 2021, Lonza, a worldwide manufacturing partner to the pharmaceutical, biotechnology, and nutrition sectors, declared it is likely to invest to build its production capabilities for pharmaceutical products at its facility in Guangzhou, China.
  • The fill as well as finish production line is likely to provide clinical trial and commercialization batches in China as well as local and international clients. In keeping with Lonza’s objective to provide clients integrated end-to-end solutions, the launch of drug product manufacturing at the Guangzhou (CN) facility is likely to provide customers with a unified drug substance as well as drug product manufacturing service option.

More Valuable Insights Available:

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

To understand opportunities in the resveratrol market, the market is segmented on the basis of resveratrol by product (extract, fermentation, synthetic), form (powder and liquid), isomer (trans-resveratrol and cis-resveratrol), end-use and across five major regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa).

Key Segments Profiled:

By Product:

  • Extract
  • Fermentation
  • Synthetic

By Form:

  • Powder
  • Liquid

By Isomer:

  • Trans-Resveratrol
  • Cis-Resveratrol

By End Use:

  • Skin Care
    • Cream & Lotion
    • Scrub Exfoliator
    • Cleanser & Toner
    • Balm & Butter
    • Serum & Mask
    • Makeup Remover
    • Others
  • Hair Care
    • Shampoo
    • Conditioner
    • Essential Oil
    • Hair Color
    • Hair Stylist Products
    • Hair Oil
  • Makeup
    • Facial Makeup
    • Eye Makeup
    • Lip Makeup
    • Nail Makeup
  • Bath Care
    • Shower Products
    • Liquid Bath Products
    • Bath Additives
    • Bar Soaps
  • Fragrance
    • Perfume
    • Deodorant
    • Cologne
  • Tools
  • Dietary Supplements
  • Pharmaceuticals
  • Others

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.

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact FMI:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
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Fat Filled Milk Powder Market: Examining Consumer Preferences and Global Market Growth

Fat-Filled Milk Powder Market
Fat-Filled Milk Powder Market

The global fat-filled milk powder market demand is expected to be valued at US$ 5 billion in 2023 and to reach a valuation of US$ 8.8 billion by 2033. The demand for fat-filled milk powder is estimated to grow at a steady 6% CAGR.

The fat-filled milk powder market is being driven by the growing demand for cost-effective dairy alternatives that maintain the same quality as full cream milk powder. The use of vegetable oils in manufacturing fat-filled milk powders makes them a functional alternative. The market is primarily driven by commercial-scale dairy product manufacturers who utilize the powders for the production of curd and yogurt, with the demand for probiotic dairy products further boosting growth.

However, the increasing awareness of the adverse health effects of excessive fat consumption from dairy products is acting as a key restraint to market growth, with consumers seeking low-fat or fat-free alternatives to prevent health conditions such as obesity and diabetes. In addition, the rising popularity of plant-based dairy alternatives is also impeding the growth of the fat-filled milk powder market. As such, manufacturers must adapt to changing consumer trends and preferences and focus on developing innovative, healthy and sustainable products that meet the needs of consumers.

As per the Agriculture and Horticulture Department Board (AHDB), UK, Europe is one of the leading fat-filled milk powder manufacturers globally, and the region is expected to witness significant growth due to the increasing export of instant fat-filled milk powder to other regions. The rising trend of health-conscious dairy products is fueling the demand for fortified fat-filled milk powders in the region. In contrast, fat-filled milk powder manufacturers are expanding their product portfolio with fat-filled milk powders to cater to the growing demand.

On the other hand, Asia Pacific is expected to exhibit substantial growth attributed to the strong demand for a low-cost alternative to whole milk powder. The flourishing food and beverage industry in the region is responsible for the growth of the market. The increasing demand for affordable milk powders to manufacture products such as cheese, yogurt, and creams for the bakery industry is propelling the growth of the market in Asia Pacific.

Key Takeaways

  • The demand for affordable dairy-based ingredients enriched with vitamins and minerals is on the rise.
  • Fat-filled milk powder is a suitable alternative to creamy powder and is expected to see significant growth in demand.
  • The versatility of fat-filled milk powder makes it an attractive ingredient for a wide range of products in the dairy and bakery industry.
  • The growing trend towards health-consciousness is driving the demand for fat-filled milk powder in dairy products such as yogurt.
  • Fat-filled milk powder manufacturers are investing in the market and focusing on developing high-protein, nutritional products to meet consumer demand.
  • Fat-filled milk powder provides a cost-effective solution without compromising on overall quality.
  • The rise in demand for bakery and confectionery products containing protein and vitamins is expected to increase the consumption of instant fat-filled milk powder.

Competitive Landscape

The competitive landscape in the fat-filled milk powder market is constantly evolving, with established players and startups alike competing for a larger share of the market. With increasing consumer demand for affordable and healthy dairy-based ingredients, there is a growing trend towards innovation and sustainability in the food industry. This has led to a proliferation of startups leveraging technology and innovation to develop niche products and differentiate themselves from established players. Vegetable fat-filled milk powder has also grown in popularity.

This trend towards innovation and competition is expected to drive increased product differentiation and pricing pressure and ultimately benefit consumers by providing a wider range of affordable and high-quality dairy-based ingredients. As a result, established players must continue to invest in research and development and stay ahead of the curve by adapting to changing consumer trends and preferences. Meanwhile, startups must continue to develop innovative products and utilize technology to create a unique value proposition that resonates with consumers.

Key Segments

By Product Type:

  • Fat Filled Milk Powder 26%
  • Instant Fat Filled Milk Powder 26%
  • Fat Filled Milk Powder 28%
  • Instant Fat Filled Milk Powder 28%

By Distribution Channel:

  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Department Stores
  • Specialty Stores
  • Online

By End Use:

  • Dairy Products
  • Bakery Products
  • Confectionaries
  • Ice Cream
  • Others

By Region:

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

About Future Market Insights (FMI)

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

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact FMI:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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FMI Report States Global Barcode Printers Market Valuation to Reach USD 8,552.84 Million by 2032, Growing at an Average 5.6% CAGR

Projections indicate a moderate Compound Annual Growth Rate (CAGR) of 7.4% for the global barcode printer market during the forecast period. As of 2022, the market is valued at USD 4,188.60 million, with expectations to reach USD 8,552.87 million by 2032. Historical data provided by experts at Future Market Insights records a CAGR of 5.6% for the relevant market.

Barcode printers are specialized devices designed for the generation of barcodes and product labels. Unlike standard printers, they utilize specific consumables to efficiently and cost-effectively produce clear, machine-readable barcodes at high speeds.

These printers operate distinctly from traditional printers by incorporating ribbons and labels in their printing process. Unlike computer printers, they typically lack programmable logic controllers and rely on external computer systems for operation.

The manufacturing sector has experienced a resurgence following the economic downturn of 2008, leading many companies to adopt automation and process optimization. Barcoding has emerged as a favored technique in this regard, significantly reducing production time and driving the demand for barcode printers.

Barcodes have become the standard method for storing and labeling product information globally. They are extensively used by retailers for inventory management, recording supplies, customer sales, and other related data. By attaching labeled barcodes to products, retailers can efficiently track product details such as count, manufacturing date, delivery date, selling price, etc. The scanning of these barcodes enables swift retrieval and monitoring of information, leading to increased efficiency and reduced errors in inventory management across store floors and warehouses.

Despite the widespread adoption of barcoding, challenges such as the potential threat of RFID tags as substitutes for barcode labels and compatibility issues with various operating systems restrain the growth of the global barcode printer market.

Regional Forecasts:

North America and Western Europe are the most promising regions for market growth due to higher adoption of barcoding technology in various applications, whereas the Latin American market is growing slowly and stagnantly due to low adoption of barcoding technology. Due to the saturation and slowdown of China’s manufacturing sector, the growth of the APEJ region’s Barcode Printers market may also be slower.

The Industrial Barcode Printer Segment Holds the Highest Market Share in the Global Barcode Printers Market:

There are several types of barcode printers available, including desktop barcode printers, industrial barcode printers, mobile barcode printers, and others. The Industrial Barcode Printer category has the largest market share of 46.1 percent in the Barcode Printers Market, followed by Desktop Barcode Printer.

The Industrial Barcode Printer segment is expected to dominate the forecast period with a CAGR of 8.3% due to a desire for strong and tough barcode printers with higher productivity.

Competitive Landscape:

Key Players’ Perspective on Revolutionizing the Barcode Printers Market

The forum’s key players are focusing on introducing new products and improving their product offerings to better cater to the changing needs of end-user industries while maintaining their global competitiveness.

Market participants are paying close attention to the maintenance of product quality and innovation. They are also attempting to diversify their manufacturing range by producing products of various types such as desktop barcode printers, mobile barcode printers, and others in order to increase their market share.

Some of the key companies proliferating in the market are:

  • Zebra Technologies
  • Toshiba Tec
  • Avery Dennison
  • Honeywell Scanning & Mobility
  • SATO Holdings Corporation

Key Segments in the Barcode Printers Market:

By Printer Type:

  • Desktop Barcode Printer
  • Industrial Barcode Printer
  • Mobile Barcode Printer
  • Others

By Printing Technology:

  • Thermal Transfer
  • Direct Thermal
  • Dot Matrix
  • Laser
  • Ink Jet

By Consumables:

  • Ribbons
  • Wax Ribbons
  • Wax/Resin Ribbons
  • Resin Ribbons
  • Labels

By Application:

  • Industrial/Manufacturing
  • Transportation/Logistics
  • Retail
  • Healthcare
  • Government
  • Commercial Services

By Region:

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

Access Report Details for More In-Depth Information!

Author:

Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.

His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.

Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

About Future Market Insights (FMI)

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

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

FMI Analysis Indicates Global Lead Acid Battery Market Size to Hit USD 106.8 Billion by 2034, Surging Steadily at a CAGR of 5.6%

The lead-acid battery market valuation is expected to reach USD 62.6 billion in 2024. Future Market Insights (FMI) analysis has forecasted the lead-acid battery sales to increase at a 5.6% CAGR between 2024 and 2034. According to the study, the overall market valuation will top USD 106.8 billion by 2034.

According to the market analysis by Future Market Insights, the expansion of automotive production facilities to cover rural and other remote areas has led to the increasing demand for the lead-acid battery. Rapid technological advancements in production technologies are also projected to complement market growth over the coming years.

Demand for the lead-acid battery is increasing with the rise in the volume of the vehicle fleet in recent years. This can be attributed to an increase in aftermarket sales in regular interims for battery replacement.

The growing requirement has led to mass production and has increased the importance of process automation in the lead-acid battery market. The market is shifting towards industry 4.0 s, leading to the universal adoption of new production technologies.

There also is an increasing demand from other industries for the deployment of lead-acid battery. An increasing number of players focusing on research and development related to lead-acid battery is anticipated to have a significant contribution towards market growth in the years to come.

“The lead acid battery market is growing at a strong pace, driven largely by increasing demand for energy efficient solutions across automotive sector. The increasing demand for electric vehicles will create extensive opportunities for manufacturers. Key industry participants have been focusing product diversification to offer energy efficient solutions and gain a competitive advantage,” says a Future Market Insights analyst

Key Takeaways from Lead Acid Battery Market Study

  • Flooded battery held over 49% of the global market share in 2021 in terms of product type, supported by superior configurations.
  • Transportation is projected to hold over 57% of the overall market share as leading segment in terms of application by 2034-end, supported by increasing investments in electric vehicles production.
  • China remained a chief market, backed by rising demand from the automotive industry. It was account for over 57.3% of demand registered in East Asia in 2021.
  • The markets India is set to surge at around 7.2% CAGR over the next ten years.
  • German market for lead acid batteries is expected to record 4.0% CAGR driven by expansion of the automotive industry.

Competitive Landscape

Companies operating in the lead acid battery market are aiming at strategic collaborations and partnerships with other manufacturers to expand their manufacturing capacity. For instance:

  • In March 2019, GS Yuasa Corporation has announced that GS Yuasa International Ltd. launched a new automotive lead-acid storage battery plant operated by equity method affiliate inci GS Yuasa Akü Sanayi ve Ticaret Anonim Sirketi (“IGYA”) in Manisa Province, Turkey.
  • In February 2020, the company has announced the launch of its SNS-TN series of valve-regulated stationary lead-acid batteries.
  • In July 2020, Blink Charging and Enersys collaborate To Develop High Power Inductive/Wireless and enhanced DC Fast Charging Systems with energy storage options for the automotive market.
  • In January 2021, EnerSys is teaming up with TravelCenters of America (TA) to offer Odyssey Performance and NorthStar PRO Group 31 batteries for heavy-duty applications in all TA locations throughout the United States.

Some of the prominent players operating in the Land Survey Equipment Market profiled by FMI are:

  • Furukawa Electric Co., Ltd.
  • Hitachi Chemical Company, Ltd.
  • Narada Power Source Co. Ltd.
  • SiteTel Sweden AB (NorthStar)
  • Clarios
  • Leoch International Technology Ltd.
  • Yokohama Batteries Sdn. Bhd.
  • Enersys
  • Exide Industries Ltd.
  • GS Yuasa Corporation
  • Hoppecke Batterien GmbH & Co. KG.

Find More Valuable Insights

The research report analyzes demand for Lead Acid Battery. The global Lead Acid Battery market has been analyzed with the COVID-19 impact, various macroeconomic factors, market trends and market background. As per Future Market Insights, the market has been analyzed on the basis of

By Product Type:

  • Flooded Battery
  • AGM Battery
  • Gel Battery

By Application:

  • Transportation
    • Passenger Cars
    • LCV
    • HCV
    • Two wheelers
    • Others
  • Motive Industrial
  • Stationary Industrial
  • Commercial
  • Residential
  • Grid Storage
  • Others

By Sales Channel:

  • OEM
  • Aftermarket

By Region:

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

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Author:

Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.

His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.

Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

About Future Market Insights (FMI)

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

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

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The Global Cooling Fans Market Set to Surge, Projected to Reach Over USD 21 Billion by 2032

The global cooling fans market has witnessed significant growth, with the market size reaching approximately USD 7.9 billion in 2022. Projections indicate that this valuation will surpass USD 21.2 billion by 2032, driven by a robust CAGR of 10.4% from 2022 to 2032.

This impressive growth is fueled by the rapid expansion of key industries such as automotive, consumer electronics, and IT & telecom. The cooling fans market currently accounts for 20% to 25% of the overall global fan market, a figure expected to rise in light of increasing production and sales of hybrid electric vehicles.

Key Takeaways

  • The global cooling fans market is projected to grow from $7.9 billion in 2022 to over $21 billion by 2032.
  • A robust CAGR of 10.4% is expected, driven by industries like automotive and consumer electronics.
  • Cooling fans account for 20% to 25% of the overall global fan market share.
  • These fans are essential for heat dissipation, preventing device overheating.
  • Key sectors for cooling fan applications include automotive, consumer electronics, and industrial industries.
  • The U.S. cooling fans market is expected to grow at 5.7% CAGR due to increased awareness of heating hazards.
  • India is emerging as a lucrative market, propelled by rapid industrialization and data center growth.
  • The U.K. market benefits from established companies and strict energy efficiency regulations.
  • Centrifugal cooling fans currently hold a 55.4% market share, favored for their energy efficiency.
  • Online retailing is projected to be the fastest-growing sales channel, with a CAGR of 15.5%.

Regional Insights

  • United States: The cooling fans market is expected to grow at 5.7% CAGR, driven by hybrid electric vehicles and increased data centers.
  • India: Rapid industrialization and a surge in data centers are set to make India a lucrative market for cooling fans.
  • United Kingdom: Established companies and strict energy efficiency regulations are boosting the cooling fans market in the U.K.

Competitive Landscape

Key players in the market are concentrating on new product launches and mergers & acquisitions to enhance their global presence and secure a larger revenue share. To meet the rising demand for online clothing rentals globally, manufacturers are actively acquiring domestic companies. These strategies aim to expand their product lines and incorporate innovative offerings into their portfolios.

For instance

  • In 2022, AMETEK, Inc., a leading global manufacturer of electronic instruments and electromechanical devices completed the acquisition of Navitar, Inc. and RTDS Technologies Inc.
  • In 2021, Series PFB-E & GFB-E cooling fans were launched by Delta for the server architectures and power modules.
  • In March 2022, DENSO Products and Services Americas, Inc., showcased its new EdgeCool system for cooling rack-mounted computer servers.

Key Companies Profiled

Delta Group; MinebeaMitsumi Inc. (NMB Technologies Corporation); SUNON Group; Nidec Corporation; EBM-Papst Group; Ziehl-Abegg SE; Aerovent; Horton, Inc.; SPAL Automotive; DENSO; S.P. Plastic Industries; ADDA; AVC; AMETEK. Inc;

Tap into Expertise: Discuss with Our Analyst on Email: sales@futuremarketinsights.com

Global Cooling Fans Industry by Category

By Type:

  • Axial Fans
  • Centrifugal Fans
  • Others

By Application:

  • Consumer Electronics
  • Telecom/Datacom
  • Automotive and Transportation
  • Industrial
  • Others

By Sales Channel:

  • Direct Sales
  • Specialty Stores
  • Multi-brand Stores
  • Online Retailing
  • Others

By Region:

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

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:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
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Website: https://www.futuremarketinsights.com
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Waterproof Sneakers Market Set for Growth Driven by Increasing Demand and Innovative Technologies

According to the newly released report by Future Market Insights (FMI), the Waterproof Sneakers market is estimated at USD 230.3 million in 2022 and is projected to reach USD 354.2 million by 2032, growing at a compound annual growth rate (CAGR) of 4.4% from 2022 to 2032.

As waterproof shoes become essential for individuals facing wet conditions—from rainy climates to snowy terrains—the market continues to expand. The report highlights key insights into market trends, drivers, and forecasts over the next decade.

Key Drivers of the Waterproof Sneakers Market

  • Rising Demand for Moisture Protection: Increasing awareness of the discomfort and health risks associated with wet shoes, including blisters and fungal infections, is driving consumers towards waterproof footwear.
  • Growing Popularity of Outdoor Activities: The surge in adventure sports and outdoor activities, particularly in regions with unpredictable weather, is boosting the need for reliable waterproof sneakers.
  • Climate Influences: Frequent rain and snowfall in various regions create a strong demand for waterproof shoes, as consumers seek reliable options to keep their feet dry.
  • Technological Innovations: Advances in waterproofing technologies, including the use of synthetic and natural materials, enhance product effectiveness and appeal to consumers.
  • Changing Consumer Preferences: A shift towards fashionable and functional footwear encourages consumers to invest in waterproof sneakers, particularly in urban areas with varied weather conditions.
  • Increased Spending on Leisure and Lifestyle: Rising disposable incomes allow consumers to prioritize quality footwear, with waterproof options becoming a popular choice for both everyday wear and outdoor adventures.

Regional Insights

  • United Kingdom: Waterproof sneakers are popular due to the rainy climate, combining fashion with functionality.
  • United States: Heavy snowfall and outdoor activities drive the preference for high-quality waterproof footwear.
  • India: Influenced by Western trends, Indian consumers are increasingly choosing waterproof sneakers for monsoon seasons.

Competitive Landscape

Manufacturers are creating waterproof sneakers tailored for various scenarios. In addition to being waterproof, these sneakers are designed to be stylish and come equipped with features like lightweight soles, anti-bacterial insoles, and enhanced cushioning for added support.

For Instance:

  • A sneaker manufacturing brand named ON has introduced its best-in-class and stylish waterproof sneakers in the market. The Cloudrock 2 shoes from the manufacturer are one of the products they are selling. This sneaker is ideal for outdoor rugged use as well as daily use as a casual or sports shoe. It has soft cushioning and a rubber grip, keeping the impact low.

Key Companies Profiled

Skechers

Nike

Adidas

Quechua

Wildcraft

ASIAN

Asics

Columbia

New Balance

ON

North Face

ECCO

Nike ACG

Solomon

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Waterproof Sneakers Market by Category

By Closure Type, the Waterproof Sneakers Market is segmented as:

  • Lace Up
  • Elastic
  • Velcro
  • Slip-On
  • Others

By Sole Material, Waterproof Sneakers Market is segmented as:

  • Rubber
  • Leather
  • Polyurethane
  • EVA
  • Others

By Outer Material, Waterproof Sneakers Market is segmented as:

  • Leather
  • Rubber
  • PVC
  • Mesh
  • Others

By Consumer Orientation, Waterproof Sneakers Market is segmented as:

  • Men
  • Women
  • Children

By Sales Channel, Waterproof Sneakers Market is segmented as:

  • Hypermarket/Supermarket
  • Wholesalers/Distributors
  • Specialty Stores
  • Multi-brand Stores
  • Independent Small Stores
  • Online Retailers
  • Other Sales Channel

By Region, Waterproof Sneakers Market is segmented as:

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

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:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Anti-Piracy Protection Market for 2023 to 2033 Expected to Reach $527 Million by 2033 Amid Growing Cybersecurity Concerns

The Anti-Piracy Protection Market is set to witness substantial growth, with projected expansion at a CAGR of 10% from 2023 to 2033. Starting from an estimated value of $201.97 million in 2023, the market is expected to reach $527 million by the end of 2033. This increase reflects the rising urgency among industries worldwide to secure digital content, mitigate financial losses, and prevent revenue leakage due to unauthorized access and distribution.

The Anti-Piracy Protection Market was valued at approximately $190 million in 2022. With the digital landscape expanding, the need for robust anti-piracy measures across sectors such as entertainment, software, gaming, and publishing has never been greater. Proactive anti-piracy solutions are essential to securing intellectual property, reducing online piracy risks, and safeguarding revenue streams in a digital-first economy.

Increasing demand for digital content protection is expected to boost market growth significantly. Major tech companies and content providers are now investing in advanced anti-piracy solutions, addressing piracy through advanced machine learning, artificial intelligence, and blockchain-based protocols.

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Key Takeaways from Market Study

  • Market Expansion: The Anti-Piracy Protection Market is projected to grow from $201.97 million in 2023 to $527 million by 2033, driven by a steady 10% CAGR.
  • Broadening Applications: Sectors including software, media, and gaming are leading adopters, responding to increased digital content distribution.
  • Growing Cybersecurity Needs: With data breaches and content leaks on the rise, anti-piracy protection has become a priority for organizations worldwide.
  • Technological Advancements: Integration of AI and machine learning enhances threat detection capabilities and strengthens piracy prevention measures.

Drivers and Opportunities

The demand for anti-piracy solutions is fueled by increasing online content distribution and the rise in cyber threats targeting digital media and intellectual property. Governments and regulatory bodies are also mandating stricter compliance, urging companies to adopt more comprehensive protection measures. Emerging technologies such as AI, machine learning, and blockchain present significant opportunities for innovative anti-piracy approaches, providing secure, scalable, and automated solutions that evolve alongside digital piracy tactics.

Components Insights

The market’s primary components include software solutions and services. Software solutions dominated the market in 2022 and are anticipated to maintain a substantial share through 2033. As threats grow more complex, companies are also investing in managed services to monitor and mitigate piracy risks continuously, further supporting robust anti-piracy protection strategies.

Application Insights

Media and entertainment remain the largest sector, with rising demand for streaming services and digital content protection. The gaming industry also represents a significant share due to the rise of online gaming platforms, which are prime targets for unauthorized access and copyright infringements. Additionally, the software industry continues to prioritize anti-piracy measures to protect proprietary software from illegal use and distribution.

Deployment Insights

On-premises solutions are widely utilized by enterprises requiring high-security standards and full control over their data. However, cloud-based solutions are gaining popularity due to flexibility, scalability, and remote access capabilities. With growing cybersecurity threats, hybrid models are also emerging, combining the benefits of both deployment modes to ensure comprehensive protection.

Key Companies & Market Share Insights

Leading players in the Anti-Piracy Protection Market include Irdeto, Viaccess-Orca, Verimatrix, Kudelski Group, and Microsoft Corporation. These companies leverage technological advancements to enhance protection measures, positioning themselves as market leaders. Collectively, these players hold a significant market share, with continuous innovation and strategic collaborations driving growth.

Recent Developments

  • Irdeto recently introduced a new AI-powered anti-piracy solution focused on real-time content analysis and protection.
  • Verimatrix launched an enhanced platform integrating blockchain for secure content distribution.
  • Kudelski Group expanded its anti-piracy services, partnering with media giants to address piracy concerns in emerging markets.
  • Microsoft Corporation enhanced its security offerings, incorporating advanced threat detection features to support businesses in the digital landscape.

As digital piracy tactics evolve, the Anti-Piracy Protection Market remains crucial for companies worldwide seeking to protect their digital assets and intellectual property in an increasingly complex cybersecurity environment.

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. Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:      

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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ATM Outsourcing Services Market Forecast to Reach $35.2 Billion by 2033

The global ATM Outsourcing Services Market is projected to experience steady growth, driven by rising demand for efficient ATM management and optimized operational costs. Valued at US$ 19.63 billion in 2023, the market is expected to reach an impressive US$ 35.2 billion by 2033, registering a 6% CAGR over the forecast period. This growth highlights the increasing adoption of outsourcing solutions to address complex service demands within the banking sector, driven by both cost-efficiency and enhanced customer experience.

Recent trends emphasize the growing reliance on managed service providers for ATM operations, including cash management, machine maintenance, software updates, and compliance management. As the banking sector undergoes digital transformation, outsourcing ATM services has proven crucial in ensuring seamless service and focusing on core competencies.

Key Takeaways from Market Study

  • 2022 Base Year Value: Estimated at US$ 19 billion.
  • Expected 2023 Market Value: US$ 19.63 billion, with consistent growth expected.
  • Forecasted 2033 Market Value: US$ 35.2 billion at a 6% CAGR.
  • Growth Drivers: Cost efficiency, improved ATM network uptime, and regulatory compliance.
  • Market Leaders: Key players are enhancing service offerings to maintain a competitive edge.

Drivers and Opportunities

The ATM Outsourcing Services Market benefits from the increasing pressure on financial institutions to reduce operational costs and focus on core services. Outsourcing ATM services allows banks and financial institutions to ensure high levels of operational efficiency, reduce machine downtime, and stay compliant with regulatory standards. Emerging economies, especially in Asia-Pacific, present lucrative opportunities due to the rapid expansion of ATM networks and the demand for secure, outsourced ATM services.

The growth of digital banking and consumer expectations for uninterrupted ATM access fuel further market demand. By outsourcing, banks can leverage the latest technologies and advanced security measures, improving ATM service uptime and customer satisfaction.

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Component Insights

ATM outsourcing encompasses several components, including cash management, maintenance services, software and technology upgrades, and compliance management. Cash management services represent a substantial share due to their critical role in ensuring sufficient cash flow across ATM networks. Furthermore, software upgrades and compliance management are increasingly vital as they ensure ATMs stay updated with the latest technologies and adhere to strict regulatory requirements.

Application Insights

The ATM outsourcing services market caters primarily to the financial and banking sector, aiming to streamline operations while mitigating risks and optimizing resource utilization. As banks focus on digital transformation, outsourcing remains a viable solution for maintaining operational focus. Additionally, non-banking financial institutions are leveraging outsourced ATM services to expand their ATM network cost-effectively.

Deployment Insights

ATM outsourcing services can be segmented by deployment model, with on-site and off-site ATM management gaining traction. On-site management often involves banks’ own premises, while off-site deployment is ideal for extending reach to high-traffic areas such as shopping malls and airports. Off-site ATMs are particularly popular due to the flexibility and accessibility they provide for customers, contributing to increased service accessibility.

Key Companies & Market Share Insights

Prominent companies in the ATM Outsourcing Services Market include Diebold Nixdorf, NCR Corporation, Cardtronics, Hitachi Payment Services, and FIS Global. These organizations are expanding their portfolios to offer a comprehensive range of services, from basic maintenance to advanced, AI-driven solutions. Their commitment to enhancing ATM operational efficiency, reducing costs, and ensuring customer satisfaction has enabled them to capture significant market share.

Recent Developments

  • Diebold Nixdorf has introduced AI-powered solutions to predict and prevent ATM downtime, ensuring higher reliability for users.
  • NCR Corporation recently partnered with several financial institutions to expand its outsourced ATM network across Asia, targeting emerging markets.
  • Hitachi Payment Services launched an initiative to improve cash replenishment efficiency, reducing operational costs for client banks.

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. Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:      

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube