Hard Gelatin Capsules Market is set to display a substantial growth at a CAGR of 6.4% from 2022 to 2032

[300 Pages Report] As per Future Market Insights (FMI), the hard gelatin capsules market was valued at over US$ 1.7 Bn in 2021, and is expected to exhibit a CAGR of close to 6.4% over the forecast period (2022-2032).

Market Outlook:

Data Points Market Insights
Hard Gelatin Capsules Market Value 2021 US$ 1.7 Bn
Market Value 2022 US$ 1.7 Bn
Market Value 2032 US$ 3.2 Bn
CAGR 2022-2032 6.4%
Market Share of Top 5 Countries 58.1%

Shell suppliers create and supply empty hard gelatin capsule shells to the pharmaceutical sector, which are then filled in a separate operation. Empty hard gelatin capsule shells are available in a series of sizes encompassing from 000 to 5, with 000 as the largest and 5, the smallest.

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Further, hard gelatin capsules allow for combination filling, unlike soft gels, allowing for the encapsulation of pharmaceuticals in the form of pellets, micro tablets, and beads in addition to the liquid formulation. This not only permits numerous incompatible pharmaceuticals to be combined in a single capsule but also results in a formulation that is far more appealing to consumers.

Increasing prevalence of non-communicable diseases such as cancer, diabetes, heart disease, and lung disorders has surged the demand for nutraceuticals. Hence, key players have established their positions in the market by investing more in research and having a better distribution system.

Key Takeaways from Market Study

  • Type-B gelatin (animal bones & calf skin) as a source holds an approximate market share value of 7%of the global market in 2021.
  • By size, size “0” capsules are expected to hold a dominant market share value of 7% in 2021 in the global market.
  • Oral administration is displayed as a preferred route of administration in the global market with CAGR growth value expected to reach 4% by 2032.
  • Pharmaceutical companies are the dominant segment in terms of end users within the global market, carrying an estimated market share value of about1% in 2021.
  • The U.S. is considered to be the most lucrative market, accounting for a value share of 8% in 2021 in North America.

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Market Competition

Market expansion will be hampered by increasing vendor competition. With the presence of numerous brands and regional and local vendors, the market is expected to be fragmented. Furthermore, suppliers in the hard gelatin capsules industry are expanding their offerings to include mobile healthcare, medical educators, primary care extenders, and patient advocates.

During the focused period, increased competition is expected to have a negative impact on the worldwide emergency medical service market growth. The hard gelatin capsules industry is fragmented, and providers are competing by using both organic and inorganic growth techniques.

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Future Market Insights brings a comprehensive research report on forecasted revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2032. The hard gelatin capsules market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader. The study provides compelling insights on the hard gelatin capsules market segment based on source – (Type-A (pork skin), Type-B gelatin (animal bones & calf skin), and fish bone gelatin), by size (size “000” capsules, size “00” capsules, size “0” capsules, size “1” capsules, size “2” capsules, size “3” capsules, size “4” capsules, and size “5” capsules), by route of administration (oral administration and inhalation administration), by end user (pharmaceutical companies, cosmetic & nutraceutical companies, and CROs & CDMOs), across seven key regions over the globe.

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Key Players :

  • ACG Worldwide
  • Lonza-Capsugel
  • Qualicaps, Inc. – MITSUBISHI CHEMICAL HOLDINGS CORPORATION
  • Sunil Healthcare Ltd.
  • CapsCanada Corporation / Farmacapsulas
  • Roxlor LLC
  • Suheung Co., Ltd. – EmboCaps
  • Medi-Caps Ltd.
  • NLL – Nector Lifesciences Ltd.
  • Natural Capsules
  • ERAWAT PHARMA
  • Dah Feng Capsule – Biocaps
  • Lefan Capsule
  • Qingdao Yiqing Medicinal Capsules Co., Ltd.
  • SHANXI GUANGSHENG MEDICINAL CAPSULE
  • HEALTH CAPS INDIA
  • COMED CHEMICALS
  • FORTCAPS HEALTHCARE
  • SHAOXING ZHONGYA CAPSULE
  • SHREE PHARMA CAPS
  • SHAOXING KANGKE CAPSULE
  • ZHEJIANG YUEXI CAPSULE
  • SAVIOUR CAPS
  • Chemcaps Ltd.
  • Anhui Huangshan Capsule
  • Jiujiang Angtai Capsule Co.,ltd
  • MEIHUA Group
  • Yili Capsule
  • Xinchang Kangdi Capsule Co.,Ltd.

Key Market Segments Covered in Hard Gelatin Capsules Industry Research

By Source:

  • Type-A (Pork Skin)
  • Type-B Gelatin (Animal Bones & Calf Skin)
  • Fish Bone Gelatin

By Size:

  • Size “000” Capsules
  • Size “00” Capsules
  • Size “0” Capsules
  • Size “1” Capsules
  • Size “2” Capsules
  • Size “3” Capsules
  • Size “4” Capsules
  • Size “5” Capsules

By Route of Administration:

  • Oral Administration
  • Inhalation Administration

By End User:

  • Pharmaceutical Companies
  • Cosmetic & Nutraceutical Companies
  • CROs & CDMOs

About FMI:

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

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Optical Coherence Tomography Market is set to rise at an impressive CAGR of 9.8% from 2022 to 2032, totaling over US$ 3.0 Bn by the end of 2032

[Report of 342 Pages] The size of the global optical coherence tomography market was estimated at US$ 1.1 billion in 2021 and is anticipated to grow to US$ 1.2 billion in 2022. The overall demand for optical coherence tomography is also expected to increase at an impressive CAGR of 9.8% from 2022 to 2032, reaching over US$ 3.0 Bn by the end of 2032 due to the growing use of optical coherence tomography in clinical and industrial applications.

ESOMAR-certified consulting firm Future Market Insights’ report, projects a healthy growth, for optical coherence tomography (OCT) market. As per the report, the market is forecast to reach a valuation of US$ 1349.09 Mn over the forecast period of 2021 and 2031.

Growing application of OCT in ophthalmology across China, the U.K., Germany and Japan will bolster the demand of optical coherence tomography across the globe.

As per the FMI’s analysis, the optical coherence tomography market across Japan and China is anticipated to expand at over 9.8% and 4.6%, respectively in 2021. Growing prevalence of eye related disorders such as diabetic retinopathy, glaucoma and others will improve the adoption of OCT imaging systems.

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Development of advanced OCT imaging systems coupled with increasing government & private organizations initiatives for eye care programs across the globe are propelling the adoption of OCT imaging systems.

Growing awareness and increasing innovation for the advanced OCT devices for the treatment of skin cancer and eye diseases have urged the manufacturers to incorporate real-time data for better outcomes, expanding their existing product ranges.

Based on the aforementioned factors, the OCT market is slated to expand at a robust pace of over 6.7% CAGR during the assessment period of 2021 and 2031.

Key Takeaways from FMI’s Optical Coherence Tomography Market Study

  • Hospitals are anticipated emerge as primary end users of optical coherence tomography market, accounting for leading market share
  • Preference for spectral domain-OCT will be higher as compared to swept source-OCT over the forecast period
  • Increasing application of OCT in ophthalmology is expected to drive sales through 2031
  • Germany and the U.K. will lead the Europe’s optical coherence tomography market on the back of rising cases of eye disorders across the region
  • Japan is anticipated to emerge as a lucrative market backed by the rising development of advanced OCT imaging systems within healthcare sector
  • China is anticipated to lead the East Asia market during the forecast period, accounting for over 4.6% market sales
  • The U.S. is estimated to be the largest market for optical coherence tomography market attributed to be growing prevalence of eye related disorders

“Key players are increasing research and development activities for the development of advanced OCT imaging system for the early detection & treatment of eye-related disorders. This, in turn, is likely to omprovegrowth opportunities for the market players over the coming years,” says the FMI analyst. 

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Optical Coherence Tomography Market Competitive Landscape

Future Market Insights, in its updated report, have profiled prominent players operating in optical coherence tomography market which include Leica Microsystems, Optovue Inc., Carl Zeiss Meditec AG, Santec Corporation, Heidelberg Engineering GmbH, Optopol Technology SP Z.O.O., Topcon Corporation, Michelson Diagnostic Ltd., Tomophase Inc., Moptim Imaging Technique, NIDEK Co. Ltd., and Sonostar Technologies Co. Ltd among others.

Optical coherence tomography systems manufacturers are actively focusing on expanding their product portfolios to improve their revenue generation.

Incorporation of advanced technology combined with the upgradation of its existing range of products is also one of the core strategies of market players to maintain their position in the industry.

The global optical coherence tomography market is dominated by top tier-1 market players that include Leica Microsystem (Sub. Danaher), Optovue Inc., and Zeiss Group (Carl Zeiss Meditec AG).

Targeted mergers and collaborations with top distribution channel partners is anticipated to be the key strategy to maintain their top position in the industry. Around 20% to 25% of global market revenue is contributed by the tier-1 players over the forecast period.

New product launches with the expansion of their existing product range is one of the common market strategy for the key players. For instance:

In March 2021, Premier Medical Imaging AI Inc., a medical technology company focusing to transform cancer surgery with ultra-high resolution, announced the 510 (k) clearance for its Perimeter’s Optical Coherence Tomography imaging system (v2.1) from the U.S. Food & Drug Administration (FDA), designed to examine tissue microstructures during surgical procedures.

In January 2021, Notal Vision announced the launch of its first ‘US Home-Based’ optical coherence tomography platform which was patient self-operated.

More Insights on the Global Optical Coherence Tomography Market

Future Market Insights, in its latest report, offers an incisive coverage on the global optical coherence tomography market, providing historical data for the period of 2016-2020 and forecast statistics for the period of 2021-2031. In order to understand the global market potential, its growth, and scope, the market is classified on the basis of product type (spectral domain-OCT, swept source-OCT, and others), application type (ophthalmology, dermatology, cardiovascular, dental, and others), and end user (hospitals, ophthalmology clinics, dermatology clinics, dental clinics, ambulatory surgical centers, and others) across seven major regions (North America, Latin America, Eastern Europe, Asia Pacific excluding Japan, Western Europe, Japan and Middle East & Africa)

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Optical Coherence Tomography Market by Category

By Product Type:

  • Spectral Domain-OCT
  • Swept Source-OCT
  • Others

By End User:

  • Hospitals
  • Ophthalmology Clinics
  • Dermatology Clinics
  • Dental Clinics
  • Ambulatory Surgical Centers
  • Others

By Application:

  • Ophthalmology
  • Dermatology
  • Cardiovascular
  • Dental
  • Others

 

Interview Scheduling Software Market is Expected to Reach a Valuation of US$ 8 Bn by 2032 | FMI

The global interview scheduling software market was valued at US$ 345 Mn in 2021 and is expected to reach US$ 8 Bn by 2032 finds Future Market Insights (FMI) in a recent market survey. As per the findings, revenue through the on-premise deployment of interview scheduling software is expected to grow at a CAGR of 30.8% during 2022 – 2032.

In a traditional method of interview scheduling, a meeting is fixed when the interviewer is free, the applicant returns that day whenever they are available, and this continues until you reach a mutual arrangement after days of rescheduling. The key reason why interview scheduling software has been gaining traction is due to traveling back and forth and investing hours on end to meet a prospect who may or may not qualify for the next stage is inefficient and a pain for recruiters.

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Because of the time taken to screen and pick the best applications, contact the applicant, schedule an interviewing time that is convenient for both sides, and organise for somebody to conduct the interview, the see-saw between candidates and employers slows down and confuses recruiters’ daily work. Organizations utilize scheduling software to automate time-consuming and inefficient scheduling processes.

 “The market for Interview Scheduling Software is increasing as the desire for real-time employee involvement is growing backed up by the increasing usage by talent acquisition businesses is in demand. ” comments a Future Market Insights analyst.

Competitive Analysis

The market for interview scheduling software market is significantly fragmented. To ensure long-term viability in the market, leading vendors use tactics such as joint ventures, collaboration agreements, innovative products, research and development, and mergers and acquisitions. The key players in the global market includes Calendly, Paycor, Yello.co, Astarel, HigherMe, ZenHR, Monjin, Rakuna and TimeTap.

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Some of recent developments for Interview Scheduling Software Market are:

  • In March 2022, Calendly, modern scheduling software for high-performing groups and individuals launched a LinkedIn extension. Calendly for Chrome and Calendly for Firefox are browser extensions that allow users to schedule meetings with applicants, prospects, and their larger groups via LinkedIn chat. Calendly is enhancing the scheduling experience and minimizing the barrier of switching between various apps by merging the capabilities of Calendly and LinkedIn targeted at improving office efficiency and speedier connection. Calendly users can schedule a one-to-one meeting, access previously developed meeting event types with predefined availability, or send a Calendly Meeting Poll to find a time that works for a group sync by clicking the LinkedIn text compose toolbar within LinkedIn Messaging, Sales Navigator, and LinkedIn Recruiter.
  • In February 2022, Paycor HCM, Inc. added a developer portal to its software suite, allowing for seamless data transfer between a user’s third-party systems and its HR and payroll applications. Paycor’s developer portal offers developers access to the programming interface (API) and resources they need to create apps that sync data with their systems, removing security problems, time-consuming management, and compliance issues. Paycor’s continuous endeavours around seamless customer products that may be adapted across industries are reflected in this new offering. Leaders can use the Developer Portal to get real-time data and resources to help them run their businesses.
  • In August 2020, Yello announced that it will collaborate with HackerRank, a developer skills company, to hold a Virtual Career Fair that will link developers with the world’s top technology firms. Twilio, Moody’s Analytics, Riot Games, Duolingo, Fortinet, and BNY Mellon are among the prominent IT brands that have already signed on to participate in the career fair as a result of the relationship.

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More Insights Available

Future Market Insights, in its new offering, presents an unbiased analysis of the Global Interview Scheduling Software Market, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032.

The study reveals extensive growth in Global Interview Scheduling Software Market across five regions (North America, Asia Pacific, Europe, Middle East & Africa and Latin America).

Market Segments Covered in Interview Scheduling Software Market Analysis

By Type:

  • On Premises
  • Cloud-based

By Application:

  • Large Companies
  • Small and Medium Sized Companies

By Region:

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

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

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Oil and Gas Hose Assemblies Market Projected to Expand at a Value of 4.3% CAGR by 2030 | FMI

The increasing investments in oil and gas projects is contributing to the growth of oil and gas hose assemblies market. According to the Future Market Insights (FMI) analysis, the global market for oil and gas hose assemblies is projected to expand at a value of 4.3% CAGR by 2030.

Oil and gas hose is an important product used in a variety of industries due to its application in processes such as exploration, well development, production and site abandonment. It integrates upstream, midstream and downstream applications for the successful transfer of materials from the area of production to the place of consumption.

Key Takeaways from the Global Oil and Gas Hose Assemblies Market Report

  • The global oil and gas hose assemblies market is expected to reach a value of US$ 1,124.2 Mn in 2020
  • The increasing prices of steel crude oil and natural gas will have a massive effect on the oil and gas hose assemblies market, especially in the U.S.
  • East Asia is expected to record maximum growth during the forecast period due to increased undertakings of oil and gas offshore projects.

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Manufacturers Focusing on Offering High Performance Oil and Gas Hose Assemblies

Requirement of durable, lightweight, low maintenance and high performance oil and gas hose assemblies and growth in the oil and gas industry, are key factors driving the market. Manufacturers are focusing on improving the quality of the product. They are investing to enhance physical properties such as anti-corrosive nature and pressure endurance of oil and gas hose assemblies without compromising on maintenance frequency and cost of operation.

Some of them are even integrating smart technologies in the hose assemblies to enable remote and predictive detection of the assemblies from issues such as leak detection and hose rupture. East Asia is anticipated to dominate the market in terms of region, and in terms of product types in specifically drilling mud hose assemblies for its excessive usage in onshore/offshore upstream applications. The surging growth of subsea oil explorations is the major driver amongst others and collaborations in research will provide a higher return on investment.

“Companies operating in the market are focusing on researches to improve the overall performance of oil and gas hose. There is ample focus on ensuring better cost-efficiency to gain competitive edge. The market is therefore witnessing several launches, which will bode well for it in the coming years,” said a lead analyst at FMI.

Covid-19 Impact Analysis

The Covid-19 pandemic has critically affected a lot of different industries, including the oil and gas hose assemblies market. The lockdown has led to shutdowns of all plants and activities, reducing sales in the market. The market is expected to incur a -7.2% decline in value in 2020.

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According to the market analysis, the global market for oil and gas hose assemblies will bounce back in 2021, growing until the next 5 years and then flowing at a steady pace until the end of the forecast period.

Who is Winning?

The global oil and gas hose assemblies market is extremely competitive, with major players focusing on expanding the market by investing in manufacturing facilities. Some of the key players in the market are Gates Corporation, Manuli Hydraulics, Eaton Corporation Plc, Continental AG, Trelleborg AB, ERIKS North America, Inc. and many others.

With recent reports of accidents, the manufacturers are focusing on the creation of safer hoses and processing operations. They are working on developing smart and technologically forward hose assemblies which can provide predictive maintenance in case of leak detection. This reduces maintenance costs and downtime.

Valuable Insights into the Global Oil and Gas Hose Assemblies Market Report

A recent study by the FMI presents a complete industry analysis on oil and gas hose assemblies market with an unbiased assessment for the forecast period of 2020-2030. In order to conduct a detailed assessment, the market has been divided into various segments.

Based on the material type, the market is divided into rubber, polymers & composites and Metal. On the basis of product type, it is segmented into dock loading hose assemblies, dump hose assemblies, FPSO water uptake hoses, jumper hose assemblies, bunkering hose assemblies, drilling mud hose assemblies, frac hose assemblies and other custom hose assemblies. The market is also segregated based on the pressure intake into low pressure (500-1,000 psi), medium pressure (1,000-5,000 psi) and high pressure (above 5,000 psi). Based on the application, the market is divided into upstream, midstream and downstream. Lastly, based on the geographical region, the market is segmented into North America, Latin America, Europe, East Asia, South Pacific Asia and Middle East & Africa.

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About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

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Solar Charge Controller Market is Predicted to Advance at a CAGR of 8% From 2022 to 2032 | FMI

The global solar charge controller market titled ‘Solar Charge Controller Market: Global Industry Analysis 2013–2017 and Forecast, 2018–2028’. According to FMI, the solar charge controller market was valued at US$ 1.4 billion at the end of 2017 and is anticipated to grow at an impressive CAGR to reach US$ 3.4 billion by end of the forecast period.

  • Global Solar Charge Controller market size in 2017 was nearly US$ 1.4 billion
  • The Solar Charge Controller market will observe just-above 8% CAGR over 2018-2028

FMI finds that in 2018, East Asia and Europe were attractive regions in the solar charge controller market, accounting for more than 49% of the global market share. The demand for solar charge controllers is witnessing a linear trend with rising demand for offgrid solar panel systems from economies, such as China, India, USA, Brazil and some of the ASEAN and African countries.

Developing economies, such as China, India, Malaysia and Brazil, are anticipated to positively influence the sales of solar charge controllers. Government initiatives related to subsidiaries for solar panel systems led by China, India and some of the Latin American countries are expected to further intensify the deployment of solar panel systems and solar charge controllers.

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Increasing orders related to off-grid solar panel systems and solar charge controllers for deployment in remote and residential applications are expected to positively impact the growth of the global solar charge controller market during the forecast period.

Developments in solar charge controllers, such as auto night detection, LCD display, overcharging protection and growth in communication solutions integrated with solar charge controllers, are driving the growth of the global solar charge controller market. The growth of solar charge controllers market is being positively impacted by the deployment of offgrid solar panel systems.

30A to 50A Solar Charge Controllers to Hold One Third Share in Market Growth

Based on current charging capacity, solar charge controllers with 30A to 50A is anticipated to remain the primary sub-segment in terms of market share, covering nearly 33% by the end of 2028. Growth in demand for lead acid battery for storage applications in developing economies is anticipated to impact the sales of solar charge controllers.

Further, the rise of new entrants in the global solar charge controller market will initiate new production bases in developing economies for solar charge controllers.

Based on technology, the MPPT based solar charge controllers will register high growth rate and are anticipated to be a prominent segment in the global solar charge controller market. PWM based solar charge controllers are expected to account for an estimated value of US$ 1,980.5 Mn by the end of 2028.

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Key Segment

By Current Charging Capacity

  • up to 8A
  • 8A to 20A
  • 20A to 30A
  • 30A to 60A
  • 60A to 80A
  • 100A to 250A
  • Above 250A

By Battery Type

  • Lead acid Battery
  • Lithium Ion Battery

By Technology

  • Pulse Width Modulation (PWM)
  • Maximum Power Point Tracking (MPPT)

By Region

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

Solar Charge Controller Market will Remain Highly Fragmented

The global solar charge controller market is highly fragmented and the tier-1 players contribute to nearly 1/3rd of the market share. The competition among the global and regional players is becoming intensified due to rise of new players in developing economies.

Leading manufacturers of solar charge controllers are widespread, with both regional and global players offering solar charge controllers in their targeted marketplaces.

Manufacturers are concentrating on acquiring new orders for the installation of solar charge controllers. Further, the adoption of MPPT based solar charge controllers will be a driving factor for the growth of the global solar charge controller market.

About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

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T: +1-845-579-5705
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Aviation Compliance Monitoring Software Market is Projected to Register an Opportunity of 7.5% CAGR during 2022 – 2032

The Aviation Compliance Monitoring Software Market revenues were estimated at US$ 8.1 Bn in 2022 and is anticipated to grow at a CAGR of 7.7% from 2022-2032, according to a recently published Future Market Insights report. By the end of 2032, the market is expected to reach a valuation of US$ 17 Bn. The market through cloud-based Aviation Compliance Monitoring Software is projected to witness a CAGR of 7.5% during the forecast period.

It has been demonstrated that using appropriate compliance monitoring software in an airline can lower the annual number of security events. The world’s safest airlines are aware of how important compliance monitoring software is to their security management strategy in terms of usability, accessibility, mobility, and data categorization.

Furthermore, there are four key areas where the correct software assistance significantly enhances the safe environment: recognizing underlying issues, assisting with employee safety reports, and logical security software for users gathering and analyzing data.

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Increased spending on aviation compliance monitoring software is expected to open up new business opportunities. Service tracking, logbook tracking, flying time monitoring, administration of service bulletins, work scheduling, budget forecasting, digital task card administration and work order management are the key components of aviation compliance software.

In May 2021, India saw large foreign direct investments across a range of industries, including compliance monitoring software in aviation. This occurred as foreign businesses concentrated on acquiring billions of dollar worth of aviation compliance software. As a result, it is anticipated that investments and acquisitions will produce profitable market prospects.

Competitive Analysis

Web Manuals, Comply365, Merlot Aero, Vistair, Accelya Holding World, Aeroplan, Airline Software, BERNS Engineers, Seabury Solutions, Infotel Group, and Ideagen are a few of the key companies active in the global aviation compliance market.

Some of the Recent Developments for the Aviation Compliance Monitoring Software Market are:

  • In June 2022, Ideagen announced that the essential resolutions regarding the purchase of Ideagen plc by Rainforest Bidco Limited, were discussed and passed at the court and general meetings. The procurement is being carried out through the use of a plan of arrangement that has been approved by the court and is pending for approval.
  • In November 2019, Accelya, a provider of financial, business, and analytic technologies to the aviation and travel sector, today announced that Vista Equity Partners, an investment company specializing in enterprise software, data, and technology-enabled enterprises, will purchase the company.

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More Insights Available

Future Market Insights, in its new offering, presents an unbiased analysis of the Global Aviation Compliance Monitoring Software Market, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032.

The study reveals extensive growth in Global Aviation Compliance Monitoring Software Market in terms of Deployment Type (Cloud-based and On-premises), By Application (Large Enterprises and SMEs), across five regions (North America, Asia Pacific, Europe, Middle East & Africa and Latin America).

Market Segments Covered in Aviation Compliance Monitoring Software Market Analysis

By Deployment Type:

  • Cloud-based
  • On-premises

By Application:

  • Large Enterprises
  • SMEs

By Region:

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

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https://janjaonline.mn.co/posts/fleet-management-market-outlook-current-and-future-industry-landscape-analysis-2031

https://techplanet.today/post/fleet-management-market-outlook-current-and-future-industry-landscape-analysis-2031-1

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Digital Oilfield Solutions Market is Expected to Reach a Valuation of US$ 37.2 Billion in 2022

Future Market Insights has its analysts involved in a report’s comprehensive study, which is on digital oilfield solutions market. With the help of this comprehensive study, analysts revealed that digital oilfield solutions market is anticipated to grow at a CAGR of 6.3% over the assessment period, 2018-2028. In addition, digital oilfield solutions market on a global basis is projected to touch an estimate of approximately US$ 54,415Mn by the end of 2028.

Rapidly increasing need for accessing data in real-time, sound shelf life, convenient operation and installation, as well as zero tolerance band with regards to parameters observation to be monitored has been positively impacting the growth of digital oilfield solutions market across the globe. Apart from this, wide-ranging operations in oil & gas industry have been stimulating the production sales of digital oilfield solutions since the recent past.

Analysts further revealed that launch of effective and innovative digital oilfield solutions can be taken up as a remarkable trend, impacting positively on the growth of digital oilfield solutions market in the coming years. Moreover, analysts have assured that they have been catering to the prevailing as well as growing concerns of industry operators and market observers in the digital oilfield solutions market across the globe. 

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What are the recent measures taken up by manufacturers for expansion of digital oilfield solutions market?

Well, so far, manufacturers are entering into strategic collaborations with the technology providers for the purpose of business and customer-base expansion.

Can you mention what is trending in the digital oilfield solutions market?

Well, so far, analysis helped in concluding that there is significant increase in adoption of the LTE, with regards to technological advancements, positively impacting the growth of offshore oil & gas industries. Increasing partnerships amongst the leading companies across oil and gas industry for the purpose of digitally transforming the industry has been supporting the expansion of digital oilfield solutions market.

What are the important factors driving the growth of digital oilfield solutions market?

Well, so far, analysis helped in concluding that rapidly increase requirement for finding out any theft or counterfeiting during downstream and midstream operations is one of the major factor driving the growth of digital oilfield solutions market across the globe. Apart from this, increasing need for eliminating oil spills as well as losses while monitoring inventory levels, internal transfer of the intermediates and explorations is driving the demand and supply of digital oilfield solutions across the globe.

Which countries are the most beneficial for the expansion of digital oilfield solutions market?

The comprehensive study points out that Western Europe is likely to dominate the digital oilfield solutions market on a global basis over the assessment period. Apart from that, North America is expected to create significant growth opportunities for the digital oilfield solutions market in the coming years.

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Which companies are leading in the digital oilfield solutions market?

The comprehensive study points towards Eaton, SIEMENS AG, Emerson Electric Co., Honeywell International, Inc., General Electric, ABB, Schneider Electric and Rockwell Automation, Inc. as the companies leading in the digital oilfield solutions market on a global basis.

Digital Oilfield Solutions Market by Category

Component:

  • Hardware
  • Software
  • Services

Domain:

  • Automation solutions
  • Instrumentation

End Use:

  • Upstream
  • Midstream
  • Downstream

Region:

  • North America
  • Latin America
  • Eastern Europe
  • Western Europe
  • South East Asia (SEA) & Pacific
  • China
  • Japan
  • Middle East & Africa (MEA)

About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

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Flue Gas Desulfurization System Market Size To Reach USD 34.88 Billion By 2032 | Says FMI Analyst

The world flue gas desulfurization systems market is expected to bring in US$ 34,881.3 million by 2032 while expanding at a CAGR of 5.1%. The market is expected to be worth US$ 21,172.5 million in 2022. between 2016 and 2021, the market recorded a growth rate of 4.10%.

Future technologies to reduce pollutant emissions will be crucial to meet the electricity demand and dependency reduce . on fossil fuels. In recent years, REA systems and services have experienced significant growth worldwide and this trend is expected to continue in the years to come.

International awareness of environmental concerns has been increasing in recent years resulted in the stringent environmental regulations regarding sulfur dioxide (SO2) emission in the many countries. Flue Gas Desulfurization System (FGDS) is a set of technologies which works to remove sulfur dioxide (SO2) from exhausted gases from the emission of the sulfur dioxide emitting processes.

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Basically, the flue gases are removed using a variety of reagents such as caustic, lime, fly-ash, magnesium oxide, soda ash, sea water, limestone, ammonia and double alkali. The flue gas desulfurization system efficiency is based on the reagents and the type of the technology used to desulfurize the Sulfur dioxide (SO2). The FGDS are available in size range from 5 MW to more than 2000 MW capacity.

Flue Gas Desulfurization System Market – Drivers and Restraints

The global FGDS market is expected to show a rapid market growth over the forecast period. The sulfur dioxide is responsible for the acid rain formation, the stringent government regulations to protect the environment have been implemented in many countries to limit and control the emission of the flue gas which is the major factor driving the global FGDS market.

The increasing number of energy power plants to meet the rising demand of power needs more FGDS systems which drive the growth of the global FGDS market. The increasing industrialization and set up of chemical, iron and steel and cement manufacturing plants boost the demand of the FGDS which drives the growth of the global FGDS market.

However, the alternative methods used to remove the sulfur dioxide (SO2) from the flue gases after combustion such as Catalytic hydro desulfurization and fluidized bed combustion methods may hamper the use of FGDS system and restrain the growth of the global FGDS market.

Flue Gas Desulfurization System Market – Region Wise Outlook

The global FGDS market is segmented into the seven regions: North America, Latin America, Western Europe, and Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and Middle East and Africa (MEA).

The North America region has contributed the leading share to the global FDGS market in terms of revenue due to higher demand of the FGDS from the power generation industry and chemical, iron industry. The Western Europe has also contributed the significant shares to the global FGDS market followed by North America.

APEJ region is the most lucrative market, followed by the Eastern Europe and expected to register the descent growth to the global FGDS market due to the rising industrialization, manufacturing and processing units of the industries such as power generation, coal, steel and cement. Japan and Eastern Europe are contributed descent growth to the global FGDS market.

The MEA and Latin America are at a nascent stage and expected to show a moderate growth for the forecast period. Overall, the global FGDS fabric market is expected to register a significant growth rate over the forecast period 2022 to 2032.

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Flue Gas Desulfurization System Market – Key Players

Some of the key players in the FGDS market are as follows:

  • Babcock & Wilcox Enterprises, Inc.
  • Marsulex Environmental Technologies
  • FLSmidth & Co. A/S
  • Thermax Limited
  • Siemens AG
  • Clyde Bergemann Power Group
  • Burns & Mcdonnell
  • Alstom SA
  • Mitsubishi Electric Corporation, Ltd.
  • Hamon Corporation

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.

It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, technology and applications.

Flue Gas Desulfurization System Market – Segmentation

On the basis of type, theglobal FGDS market is segmented as follows:

  • Wet flue gas desulfurizer
  • Dry flue gas desulfurizer
  • Semi dry desulfurizer

On the basis of applications, theglobal FGDS market is segmented as follows:

  • Power generation
  • Chemical
  • Iron and steel
  • Cement manufacturing
  • Others

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

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The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Hydrodesulfurization Catalyst Market: Global Hydrodesulfurization Catalyst demand is anticipated to be valued at US$ 2.89 Billion in 2022, forecast to grow at a CAGR of 5% to be valued at US$ 4.71 Billion from 2022 to 2032.

Residue Hydrodesulphurization Catalyst Market: With the increasing demand for secondary resources over the primary ones, the residue hydrodesulphurization catalyst market is expected to account for significant share over the forecast period.

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

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Ethylene Glycol Market Set to Witness an Uptick Size USD 27.13 Billion to 2032 | Exclusive Report by FMI

The world market size for ethylene glycol is expected to reach a valuation of USD 16,187.2 Million in 2022. during the forecast period of 2022 to 2032. The ethylene glycol market is forecast to thrive at a CAGR of 5.3% which is forecast to be worth 27,130.3 million USD.

What is Driving Demand for Ethylene Glycol 

Major factors driving the market are the growing demand from the textile industry and automotive industry. The availability of enhanced ethylene glycol production technology, increased popularity of bio-based ethylene glycol, and rising demand from the textile industry are projected to fuel market expansion throughout the forecast period. 

Rapid growth in the textile and PET resin products industries is expected to boost the consumption during the forecast period.  

The packaging industry has been driven by rapid growth and changing lifestyles of consumers, and the growing use of Polyethylene Terephthalate (PET) in a variety of consumer goods products, including as food containers and bottles, is expected to enhance demand for MEG which is likely to boost the market throughout the forecast period. 

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Growth of automotive sector to boost the market and increase demand of Ethylene Glycol 

It is widely used as an antifreeze in automobile engines. Because it has a lower freezing point than water, it is used to keep an automobile radiator cool throughout the winter.  Globally, the number of vehicles on the road is increasing and is expected to grow at a CAGR of 4.5 percent.  

Growing vehicle production and sales volumes are to responsible for the increase in vehicle on-road volumes. Coolants and antifreeze will be in high demand due to the increased number of vehicles on the road.  The demand for MEG will be fuelled by an increase in coolants and antifreeze usage. 

Many end use industries depend on the use of ethylene glycol as a feedstock. It’s mostly used to make PET bottle resins, polyester fibre, and films. Fibre is the most common application of MEG. 

Due to the usage of MEG in the production of PET and polyester fibres, it is widely used in the textile and apparel industries, as well as garment manufacturing, home furnishings, carpets, and rugs. Hence the market is expanding due to the high potential for polyester applications in the textile industry. 

APAC Market Outlook 

Asia- Pacific dominated the worldwide ethylene glycols market and it is also predicted to be the fastest-growing market because of the increased demand and consumption of MEG, the majority of producers are expanding their production capacity in Asia through both organic and inorganic expansion techniques. 

Plastic manufacturing, chemicals, and textiles are among the end-user industries that are rapidly expanding in the region. The increasing demand for MEG in polyester and PET applications in the textile and packaging end-user sectors makes China the largest ethylene glycol market. China is also projected to see capacity increases for PET resin in addition to fiber application. 

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Who are the Key Manufacturers and Suppliers 

Some of the leading manufacturers and suppliers include:

  • Exxon Mobil Corp.
  • Dow Chemical
  • SABIC
  • Sinopec
  • Shell Chemical
  • Reliance Industries ltd.
  • Huntsman Chemical Corporation
  • LOTTE Chemical Corp.
  • Kuwait Petroleum Corporation
  • LyondellBasell Industries
  • Formosa Plastics Corporation

Major players in the worldwide market are increasing their regional presence and company operations through organic and inorganic growth methods such as joint ventures, mergers and acquisitions, expansion, collaborations, new product launches, strategic alliances, and R&D. 

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. 

The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies. 

Key Segments covered in the Ethylene Glycol Market Survey

By Derivative Type:

  • Monoethylene Glycol (MEG)
  • Diethylene Glycol (DEG)
  • Triethylene Glycol (TEG)

By Application:

  • Polyester Fibres
  • PET
  • Antifreeze and Coolants
  • Films
  • Others

By End Use Industry:

  • Textiles
  • Automotive
  • Packaging
  • Others

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Europe and North America Demand Outlook 

The increased production and sale of passenger vehicles in Germany, France, and the United Kingdom is expected to drive ethylene glycol consumption in automotive applications, boosting the market in these countries.  North America, owing to the presence of leading automotive players and the growing PET resin sector will lead to significant demand for this product in the North America market over the projection period. 

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Ethylene Copolymers Market: The ethylene copolymers market is anticipated to have a steady CAGR of 4.2% during the period 2022-2032. The ethylene copolymers market size is predicted to grow from US$ 57.4 Bn in 2022 to US$ 86.6 Billion in 2032.

Ethylene Carbonate Market: Global demand for ethylene carbonate is expected to rise at a yearly growth rate of 5.0% Y-o-Y to US$ 559.6 Million in 2032. The automobile industry has expanded as a result of rapid urbanization and rising living standards.

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

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Dimethylformamide Market is Anticipated to Touch a Value of nearly US$ 593.4 Million in the year 2032

The global dimethylformamide (DMF) market is anticipated to exhibit a progressive CAGR of 4.7% throughout the assessment period. The global market is predicted to be valued at US$ 374.88 Mn in 2022 and is expected to cross US$ 593.4 Mn by 2032.

The development of the DMF chemical market all over the world is accounting for the rising interest in polyurethane-based items from numerous companies manufacturing soles of shoes, consumer merchandise, synthetic leather, and their adhesives and coatings.

The widespread adoption of dimethylformamide (DMF) is on the rise as it is massively utilized as a feedstock, specifically for the production of PU. However, economic slowdown, pressure from various regulatory bodies, and government regulations are likely to impede the dimethylformamide (DMF) market growth.

DMF is also utilized to make PU elastomers, which assist in manufacturing synthetic leather which is excessively utilized in the making of luxury cars in the automotive industry and is estimated to present growth opportunities for the dimethylformamide (DMF) market in the future.

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Dimethylformamide (DMF) comprises a wide array of applications in the manufacturing of pharmaceuticals, wire enamels and laminated epoxy coatings, and pesticides, among other applications, is driving demand for dimethylformamide solvents of varying degrees.

Dimethylformamide is known for its uniqueness and variety of applications in several industries such as paint strippers, adhesives, surface coatings, welding gas, wire coating resins, insecticides, medicines, and electrolytic capacitors.

Key Takeaways

  • Adoptable properties are seen in different grades of DMF solvents which are able to efficiently meet the needs of the applications where they are deployed. These comprise the production of plastics, synthetic leather, acrylic fibers, and insecticides. Dimethylformamide (DMF) is in high demand because it is used as a catalyst in numerous important chemical processes, including the production of acyl halides.
  • The utilization of dimethylformamide derivatives is crucial in the production of wire enamels, insecticides, medicines, and acrylic fibers. Owing to the exceptional properties associated with dimethylformamide (DMF) make it useful as a reaction and crystallization solvent in the pharmaceutical industry for the purposes of purification.
  • In addition to that, DMF is utilized in the petrochemical industry in order to separate acetylene from ethylene and butadiene from C4 streams. According to the reports, sales of dimethylformamide (DMF) are anticipated to surge as a result of this (DMF). As an added bonus, the DMF also serves as a solvent in the electrical industry, helping to create raw materials for PCB fabrication.

Key Market Players of the Dimethyl Disulphide (DMDS) Market:

Sigma-Aldrich Co. LLC, Paari Chem Resource, HELM AG, OCI Corporation, ANHUI HAOYUAN CHEMICAL GROUP CO. LTD., Cable House, J. N. Chemical, Artha Enterprise, Alpha Chemika, Antares Chem Pvt. Ltd., BASF, Eastman Chemical, Merck, Luxi Chemical Group, Jiutian Chemical Group, Mitsubishi Gas Chemical, The Chemours, Zhejiang Jiangshan Chemical, Chemanol, AK-KIM, Pharmco Products, Ineos AG, Arkema Group, etc.

Competitive Landscape

Dimethylformamide (DMF) industry growth has witnessed several advancements through an array of new developments. The recent launch of two-dimensional materials has witnessed great success that has the potential to change the creation of solar fuel by some start-ups.

Hematite is known as a diverse material on the planet that is rich in iron and is the least expensive metal used in a wide variety of chemical products, and the primary ingredient in steel production. Such advancements are bolstering the growth of the market over the projection period.

The global dimethylformamide (DMF) market is expected to witness fierce competition over the forecast years since plenty of companies are fighting for a share of the global market. Furthermore, market fragmentation is expected to accelerate over the projection period. Some companies in the market are relying on mergers and acquisitions as well as joint ventures to secure a prominent position.

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Key Segments Profiled in the Dimethylformamide (DMF) Market Survey

By Derivatives:

  • N, N-DMF Dimethyl Acetal
  • N, N-DMF Ditert-Butyl Acetal
  • N, N-Dimethylformamide

By Application:

  • Industrial Solvent
  • Polymer Fibres
  • Surface Coatings
  • Films
  • Processing of Acrylic Fibres
  • Wire Enamel

By End User:

  • Pesticides
  • Pharmaceuticals
  • Solvents
  • Chemicals

By Region:

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

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More Insights into the Dimethylformamide (DMF) Market

North America is expected to dominate the global dimethylformamide (DMF) market as it accounts for revenue of around 26.3%. This is attributed to the steady demand from the region’s solvent and film industries are propelling the growth of the chemical products and their market in the region.

Europe currently accounts for around 21.7% of the total market share and is known to have the second-largest share of the market globally. The region primarily depends on pharmaceutical imports to supply its domestic market largely owing to the growing prevalence of chronic diseases.

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

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