Healthcare Analytics Market is projected to grow at a CAGR of over 33% during 2022 – 2032

According to Future Market Insights’ most recent report, the global Healthcare Analytics Market will generate US$29.1 billion in sales in 2021. The anticipated market growth from 2022 to 2032 is anticipated to be substantially larger than the increase in the past, coming in at 29.2%. With a projected CAGR of over 33% between 2022 and 2032, software is predicted to generate the highest amount of revenue.

The change management software market is projected to be restrained by the complexity of integrating technologies and toolsets. However, the rise in demand for artificial intelligence and machine learning as value-added capabilities in vendors’ solutions is expected to generate a big opportunity for them as DevOps and AI usage develop.

Furthermore, advancements in wireless technology, increased internet penetration, and an increase in the number of connected devices are driving the Internet of Things forward, which is also positively impacting the change management software market adoption trends. As a result, new opportunities for change management software manufacturers are opening up, strengthening the global industry.

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During the forecasting period, North America accounted for the highest share of the change management software market. The ITSM solution includes a change management software solution that is used to monitor and track changes in the IT infrastructure. It aids in reducing the negative effects of IT-related changes on an organization.

For diverse applications, the reliance on automated digital mediums and AI is growing in every area, including banking, IT, healthcare, education, and others. The increasing adoption of AI in the IT and telecom sectors are expected to boost the change management software market growth.

As per the global change management software market study, the continuous expansion of internet connectivity around the world, as well as various technological breakthroughs like as 5G, blockchain, cloud services, Internet of Things (IoT), and Artificial Intelligence (AI), have bolstered economic growth tremendously in the last two decades.

Key Takeaways

  • The software component segment of the change management software is projected to advance at a CAGR of 9% throughout the forecast period.
  • In 2026, North America is predicted to have a market share of over 30%, followed by the Asia Pacific. Increased cyber security threats, particularly among the government and banking sectors, are credited to the growth of the change management software industry?in North America.
  • During the projection period, the market in the Asia Pacific is expected to grow at a CAGR of more than 15%, followed by South America. India, China, and Japan are among the major countries in the region that are driving the change management software industry. Market growth is expected to be hampered by increasing third-party partnerships and weak IT infrastructure.
  • Over the projection period, the telecom and IT segment are expected to hold the biggest change management software market share and offer considerable development prospects.

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Competitive Landscape

ServiceNow Corporation, BMC Software, Inc., CA Technologies, IBM Corporation, Cherwell Software, LLC., Ivanti, Axios Systems, EasyVista Inc., Micro Focus International Plc, and Zoho Corporation are among the major participants in the worldwide?change management software industry.

These companies have used a variety of growth tactics to enhance their global footprint and market share, including new product launches, partnerships, contracts, collaborations, acquisitions, and expansions.

Key Segments

By Component:

  • Software
  • Services

By Deployment Type:

  • On Premise
  • Cloud based

By Organization Size:

  • SMEs
  • Large Enterprises

By Industry Type:

  • BFSI (Banking, Financial Services and Insurance)
  • Healthcare and Life Science
  • Education
  • Government and Public Sector
  • Telecom and IT
  • Retail and Consumer Packaged Goods
  • Others

By Geography:

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

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Autonomous Agents Market is rising to US$ 20.9 Billion in 2032

The global autonomous agents market is estimated at US$ 818 Million in 2021 and is projected to reach US$ 1.3 Billion by 2022. The market is expected to reach US$ 20.9 Billion by 2032 while recording a CAGR of 32.5% during the forecast period from 2022 to 2032. A robot can be used in factories to get information about each worker’s performance using robots and autonomous agents.

A company like Amazon uses robotics and autonomous agents in their warehouses to retrieve purchases from the shelves. The proliferation of global network connectivity in remote locations is making it easier for individuals to make independent decisions across various industry verticals, like manufacturing, retail, and transportation.

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Key Takeaways

  • The global autonomous agents market is currently valued at US$ 20.9 Billion, with a CAGR of 32.5% during the forecast period.
  • By deployment type, the on-premises autonomous agents segment to expand at a CAGR of 32.1% during the forecast period
  • In the U.S., the market is predicted to reach a CAGR of 32.2% during the forecast period.
  • China’s market will grow at a 31.6% CAGR during the forecast period.
  • IT and Telecom industries to record a CAGR of 29% during the forecast period.
  • Japan is expected to reach a CAGR of 30.4% during the forecast period between 2022 and 2032.

Competitive Landscape

Key Players that have been profiled in the report are IBM, SAP, AWS, SAS, Infosys, Nuance Communications, Fico, Affectiva and Intel Innovative products and technologies will allow customers to benefit from new technologies.

  • Semiotic, a core developer for The Graph, will join in December 2021 and receive a $60 million grant over 8 years to support protocol development. As a result of this grant, The Graph ecosystem and Semiotic AI, a startup that builds secure, autonomous agents for decentralized markets, continue to strengthen their relationship. As a Graph Grantee, Semiotic has been working closely with the Edge & Node team since March. In order to complete The Graph, Semiotic will also collaborate with other core developer teams and the rest of the community.
  • Micropsi raised $30 M in February 2022 to retrain industrial robots using human demonstrations. Using artificial intelligence, Micropsi claims that it can generate robot movements in real-time, and it can keep track of variations in position, color, and lighting. Moreover, the robot can also be trained to perform various tasks, including the detection of leaks in industrial machinery, the securing of screws and the insertion of cables into products, and the sorting of objects on an assembly line, according to the company.

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Key Segments Covered In The Autonomous Agents Industry Report

Autonomous Agents by Development Type:

  • On-premises Autonomous Agents Deployment
  • Cloud-based Autonomous Agents Deployment

Autonomous Agents by Organization Size:

  • Autonomous Agents for Large Enterprises
  • Autonomous Agents for SMEs

Autonomous Agents by Vertical:

  • Autonomous Agents for BFSI
  • Autonomous Agents for IT and Telecom
  • Autonomous Agents for Manufacturing
  • Autonomous Agents for Healthcare
  • Autonomous Agents for Transportation and Mobility
  • Autonomous Agents for Other Verticals

Autonomous Agents by Region:

  • North America Autonomous Agents Market
  • Europe Autonomous Agents Market
  • Asia Pacific Autonomous Agents Market
  • Middle East and Africa Autonomous Agents Market
  • Latin America Autonomous Agents Market

More Valuable Insights Available

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

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Affective Computing Market is expected to reach US$ 938 Billion by 2032

As of 2022, the global market for affective computing is estimated to be at a value of US$ 54 Billion and is predicted to reach a value of US$ 938 Billion by 2032. The market is expected to grow at a CAGR of 33% during the forecast period from 2022 to 2032.  

Customer interaction solutions that utilize emotional AI-related technologies in retail and healthcare verticals are helping to propel the market growth for affective computing. The development of virtual assistants for entertainment and healthcare applications is also contributing to the market growth of affective computing in general.  

The growing number of psychological disorders and the growing demand for smart wearable devices have led to an increase in demand for affective computing. Voice-activated biometrics are becoming increasingly popular as a security solution, allowing authorized users to perform transactions, promoting the use of affective computing technologies worldwide. 

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Key Takeaways: 

  • The market for affective computing is expected to grow at a 33% CAGR from 2022 to 2032. 
  • The global hardware components market is forecast to grow at a CAGR of 31.5% over the forecast period. 
  • Touch-based affective computing technologies are projected to grow at a CAGR of 30.1% during the forecast period. 
  • U.S. market is predicted to reach US$ 303.2 Billion while growing at a CAGR of 32.3% during the forecast period. 
  • China is expected to reach a CAGR of 32.1% in 2032 during the forecast period. 
  • Market size in Japan is expected to reach US$ 52.1 Billion by 2032. 

Competitive Landscape 

Key Players that have been profiled in the report are Google, Microsoft, IBM, Apple, Qualcomm, Intel, Sony Depthsensing solutions, Affectiva, Elliptic Lans, and Numenta.  As a strategy to achieve a recognized and profitable business position, companies are engaging in a variety of activities, including new product launches, research and development, patents, approvals, conferences, collaborations, mergers, and acquisitions. 

  • In March 2021, Nemesysco, and Spire Solutions, a leading value-added distributor in the Middle East and Africa, have signed a partnership agreement that allows Spire Solutions to distribute Nemesysco’s voice analytics in the Gulf Region. In the United Arab Emirates, Spire Solutions will initially promote Nemesysco’s Layered Voice Analysis (LVA) technology for human resources. 
  • In February 2021, IBM announced that Safexpress, IIndia’sleading supply chain & logistics company, has deployed ‘’PROPEL-i,’’ a cloud-native end-to-end logistics platform jointly developed by IBM and Safexpress. The digital platform enables the company to manage demand more agilely, to gain more flexibility and advanced modeling capabilities, and to provide improved visibility and transparency to customers. 

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Key Segments

By Components

  • Software
    • Speech Recognition
    • Gesture Recognition
    • Facial Feature Extraction
    • Analytics Software
    • Enterprise Software
  • Hardware
    • Sensors
    • Cameras
    • Storage Devices and Processors
    • Others

By Technologies

  • Touch-based
  • Touchless

By Verticals

  • Academia and Research
  • Media and Entertainment
  • Government and Defense
  • Healthcare and Life Sciences
  • IT and Telecom
  • Retail and E-Commerce
  • Automotive
  • BFSI
  • Others

By Region

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

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Nitrogen Gas Springs Market Outlook, Growth, New Opportunity, Demand Analysis & Forecast By 2029

The market report envelopes an all-in information of the global Nitrogen Gas Springs Market and the nature of the market growth over the foreseeable period. The report provides a comprehensive elaboration of the positives and negatives of the global Nitrogen Gas Springs Market with DROT and Porter’s Five Forces analysis. With SWOT analysis, the report offers detailed insights about different players operating within the Nitrogen Gas Springs Market.

In addition, the analysts of the report have served the qualitative and quantitative scrutinizing of different micro- and macro-economic factors influencing the global Nitrogen Gas Springs Market.

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Key segments covered in the global Nitrogen Gas Springs Market report

by Product Type:

  • Push Type
  • Pull Type

On the basis of Applications:

  • Automotive
  • Aerospace
  • Furniture
  • Press Tooling
  • Other Industrial

On the basis of Function:

  • Motion control
  • Vibration Control
  • Safety

The Nitrogen Gas Springs Market report examines the consumption patter of each segment and the factors affecting the pattern. In addition, the report focuses on the production footprint of each segment in various industries and regions across the globe.

By Applications, the global Nitrogen Gas Springs Market consists of the following:

  • Automotive
  • Aerospace
  • Furniture
  • Press Tooling
  • Other Industrial

The Nitrogen Gas Springs Market report helps the readers grasp the changing trend in the industry supply chain, manufacturing techniques and expenses, and current scenario of the end uses in the global Nitrogen Gas Springs Market.

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Prominent Players covered in the global Nitrogen Gas Springs Market contain

  • KALLER
  • Raymond
  • HYSON
  • Tipco Punch Inc
  • DME
  • Berger Tools Limited
  • Metrol Springs
  • VAPSINT S.R.L.
  • DADCO
  • BROAD WORLD PRECISION INDUSTRY CO., LTD.

All the players running in the global Nitrogen Gas Springs Market are elaborated thoroughly in the Nitrogen Gas Springs Market report on the basis of proprietary technologies, distribution channels, industrial penetration, manufacturing processes, and revenue. In addition, the report examines R&D developments, legal policies, and strategies defining the competitiveness of the Nitrogen Gas Springs Market players.

The Nitrogen Gas Springs Market analyses the following important Regions:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Argentina, Chile, Peru)
  • Western Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordics)
  • Eastern Europe (Russia, Poland, CIS)
  • Asia-Pacific (China, India, ASEAN, South Korea)
  • Japan
  • Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)

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The Nitrogen Gas Springs Market report answers the following queries:

  1. Why consumers are highly inclined towards the consumption of segment in the Nitrogen Gas Springs Market?
  2. What are the opportunities available for players operating in the global Nitrogen Gas Springs Market?
  3. Which trends have the maximum impact on the growth of the global Nitrogen Gas Springs Market?
  4. Why region leads the global Nitrogen Gas Springs Market?
  5. What are the drivers and restraints affecting the market size of the global Nitrogen Gas Springs Market?

What the report encloses for the readers:

  • Critical insights of each segment, including volume growth outlook, and demand & supply pattern.
  • A to Z of each player – positives & negatives, current status, future developments – of the global Nitrogen Gas Springs Market.
  • Detailed information regarding the trends influencing the growth of the global Nitrogen Gas Springs Market.
  • In-depth assessment on the utilization of Nitrogen Gas Springs in each end use industry.
  • Historical data and future growth outlook of the global Nitrogen Gas Springs Market.

Why choose Future Market Insights?

  • Digital intelligence solutions to help clients stay at the forefront.
  • Published 6, 000+ reports and recognized by 150+ countries globally.
  • A team of 300+ analysts to deliver real-time information across various industries and companies.
  • Customized business reports to overcome unique market challenges.

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Change Management Software Market is expected to reach US$ 4.4 Bn by 2032

The global change management software market is expected to reach a valuation of US$ 4.4 Bn by 2032 from US$ 1.9 Bn in 2022, rising at a CAGR of 8.8% throughout the forecast period. The change management software market is likely to be driven by an increase in digital transformation and automation of IT processes and applications.

The change management software market is projected to be restrained by the complexity of integrating technologies and toolsets. However, the rise in demand for artificial intelligence and machine learning as value-added capabilities in vendors’ solutions is expected to generate a big opportunity for them as DevOps and AI usage develop.

Furthermore, advancements in wireless technology, increased internet penetration, and an increase in the number of connected devices are driving the Internet of Things forward, which is also positively impacting the change management software market adoption trends. As a result, new opportunities for change management software manufacturers are opening up, strengthening the global industry.

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During the forecasting period, North America accounted for the highest share of the change management software market. The ITSM solution includes a change management software solution that is used to monitor and track changes in the IT infrastructure. It aids in reducing the negative effects of IT-related changes on an organization.

For diverse applications, the reliance on automated digital mediums and AI is growing in every area, including banking, IT, healthcare, education, and others. The increasing adoption of AI in the IT and telecom sectors are expected to boost the change management software market growth.

As per the global change management software market study, the continuous expansion of internet connectivity around the world, as well as various technological breakthroughs like as 5G, blockchain, cloud services, Internet of Things (IoT), and Artificial Intelligence (AI), have bolstered economic growth tremendously in the last two decades.

Key Takeaways

  • The software component segment of the change management software is projected to advance at a CAGR of 9% throughout the forecast period.
  • In 2026, North America is predicted to have a market share of over 30%, followed by the Asia Pacific. Increased cyber security threats, particularly among the government and banking sectors, are credited to the growth of the change management software industry?in North America.
  • During the projection period, the market in the Asia Pacific is expected to grow at a CAGR of more than 15%, followed by South America. India, China, and Japan are among the major countries in the region that are driving the change management software industry. Market growth is expected to be hampered by increasing third-party partnerships and weak IT infrastructure.
  • Over the projection period, the telecom and IT segment are expected to hold the biggest change management software market share and offer considerable development prospects.

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Competitive Landscape

ServiceNow Corporation, BMC Software, Inc., CA Technologies, IBM Corporation, Cherwell Software, LLC., Ivanti, Axios Systems, EasyVista Inc., Micro Focus International Plc, and Zoho Corporation are among the major participants in the worldwide?change management software industry.

These companies have used a variety of growth tactics to enhance their global footprint and market share, including new product launches, partnerships, contracts, collaborations, acquisitions, and expansions.

Key Segments

By Component:

  • Software
  • Services

By Deployment Type:

  • On Premise
  • Cloud based

By Organization Size:

  • SMEs
  • Large Enterprises

By Industry Type:

  • BFSI (Banking, Financial Services and Insurance)
  • Healthcare and Life Science
  • Education
  • Government and Public Sector
  • Telecom and IT
  • Retail and Consumer Packaged Goods
  • Others

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By Geography:

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

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Network Access Control (NAC) Market is growing at a CAGR of 27.5% for 2022 – 32

According to the network access control (NAC) market analysis by Future Market Insights (FMI), the adoption of network access control technology and solutions is estimated to grow with a CAGR of 27.5% from 2022-2032.

The report states that the market is expected to reach the valuation of ~US$ 27,409.4 Mn by the end of 2032. As per FMI, the proliferation of Bring Your Own Device (BYOD) trend across the enterprises is ultimately propelling the demand in recent years. Network access control solutions are designed to protect network, endpoints and enforces unified network security policy across the IT infrastructure.

With growing adoption of enterprise mobility management (EMM) and mobile device management (MDM), there has been rapid increase in the no. of endpoints accessing enterprise networks. Hence, the NAC systems protect the user-owned devices for network vulnerabilities and separate them from corporate-owned devices securely.

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To defend their networks from this influx of unmanaged devices, organizations must keep existing network access control up to date or purchase network access control. Network access control solutions increase IoT device characterization, particularly in certain vertical markets.

Key Takeaways

  • By component, the network access control appliances segment is anticipated to account for the leading share in the global demand for network access control during the forecast period. However, network access control software segment is estimated to grow at a robust CAGR of 29.9% through 2032.
  • Among the enterprise size, SMEs segment is estimated to grow by 28.8% CAGR during the forecast period.
  • By Industry, the IT and telecom segment is anticipated to increase at highest CAGR of 31.1% between 2022 & 2032.
  • North America region is dominating network access control market followed by Europe region in 2022. South Asia & Pacific is estimated as the fastest growing region during the forecast period.
  • The market in U.S. is expected to progress at a CAGR of around 25.0% through 2032.
  • In China, the network access control market is expected to grow by 10.8X during the forecast period.

Shortage of Skilled Security Professionals a Big Challenge

Organizations are finding it difficult to keep up with cybersecurity threats due to a significant scarcity of experienced professional security professionals.

To overcome these resource restrictions, businesses require stronger security tools and automated processes. While a business or major corporation may have the means to put up an expert security team, they will most likely be forced to execute a variety of other IT tasks. Many functions can be offloaded and their burden can be automated using next-generation network access control.

To offer critical tools for security monitoring, such efficient network access controls are being created. In order to serve large corporations and SMEs, NAC solution providers collaborate with managed security services providers (MSSPs), to broaden their capabilities.

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Network Access Control Appliances

  • Network Access Control Software
    • Cloud-Based
    • On-Premises
  • Service
    • Professional Services
      • Consulting Service
      • Support & Maintenance
      • Installation and Deployment
    • Managed Services

By Enterprise Size:

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

By Industry:

  • IT & Telecom
  • BFSI
  • Healthcare
  • Retail
  • Manufacturing
  • Government
  • Education
  • Others

By Region:

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

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DCIM Market is poised to increase at a steady CAGR of 15%

The global DCIM market is anticipated to grow steadily at a CAGR of 15%, from US$ 2.8 Bn in 2021 to US$ 13.5 Bn in 2032.

Gaining end-to-end visibility for predicting capacity requirements, mandatory requirements to improve data centre uptime and energy efficiency, the emergence of next-generation DCIM offerings, the mandate of the data centre optimization initiative to address critical infrastructure inefficiencies, and the need to integrate monitoring systems with disparate applications and databases for better data accuracy are some of the drivers shaping DCIM adoption.

Many businesses across industries have adopted the work-from-home model to protect employee well-being and preserve operational efficiency, driving up demand for cloud-based solutions. As more businesses want to improve their IT infrastructure, the need for DCIM solutions will rise.

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With the increasing modernization of data centres, the demand for end-to-end visibility across infrastructure has become the most difficult task for data centre operators. With the introduction of new and additional technologies, the data centre business is undergoing a substantial transformation.

DCIM is one such solution that is gradually being utilised by data centre, IT, and facility operators in order to acquire holistic insight into essential data centre infrastructure information such as operations, configuration, and resource consumption. Most businesses are rapidly dispersing their computer resources across many settings, such as cloud servers, edge data centres, and physical systems. DCIM has grown into significant infrastructure optimization software. Although some organisations have reported successful DCIM installations, the number of unsuccessful implementations cannot be underestimated.

One of the primary causes for failed installations is a significant gap between what clients want and what DCIM suppliers offer. DCIM deployment might be complicated in a data centre with several functional areas.

Asia Pacific is one of the most rapidly increasing regions in the Data Centre Infrastructure Management (DCIM) market, with significant expenditures on data centre development.  The main nations, such as China and Japan, are experiencing massive investments in sectors such as BFSI, retail, healthcare, manufacturing, telecommunications, and IT, which have resulted in APAC countries’ expansion and economic growth.

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The proliferation of internet-enabled gadgets will drive up demand for data centres in this region. This surge in development has accelerated the expansion of data centre buildings in the area, which is likely to accelerate the use of Data Centre Infrastructure Management (DCIM) solutions and services.

As part of the green push, governments around the area are crafting new energy efficiency legislation ranging from carbon emission taxation to efficient electricity consumption, among other things. Such regulatory constraints necessitate the use of DCIM software to manage data centres.

Key Takeaways: 

  • The IT asset management from the DC power supply market is expected to grow at the fastest CAGR of 12.5% in the solution sector.
  • Information technology is expected to grow at a high rate in the vertical industry sector of the DC power supply market, with a CAGR of 14.9%.
  • The market size for DC power supply in the United States is expected to reach US$ 6.8 Billion by 2032, growing at a CAGR of 17.3% during the research period.
  • United Kingdom is expected to reach a market size of US$ 421.9 Million in DC power supply by 2032, with a CAGR of 13.9% during the research period.
  • China’s DC power supply market is expected to be worth US$ 595.6 Million by 2032, with a CAGR of 14.9% over the forecast period.
  • Brazil is expected to have a market size for DC power supply of US$ 178.7 Million by 2032, with a CAGR of 13.8% during the research period.
  • By 2032, India is expected to reach a market size of US$ 334 Million in DC power supply, with a CAGR of 13.1% during the research period.

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COMPETITIVE LANDSCAPE: 

ABB Ltd., Commscope, Inc., Cormant, Inc., Eaton Corp. PLC and IBM Corp. lead the Data Centre Infrastructure Management (DCIM) market.

  • Siemens will launch the open Industrial Edge ecosystem innovative IT platform in November 2021. This allows and offers scalable IT technology and application deployment in the production environment. This also allows B2B clients to buy and manage different software components from a single platform.
  • Sunbird Software will release a new version of the dcTrack solution in October 2021. Previously, enterprise-class clients struggled to remotely administer all of their data centres, labs, units, and edge sites, where the first-generation DCIM was slow. To overcome these challenges, dcTrack has improved its scalability and tool management capabilities.

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Global Tyre Inflators Market : Creating Opportunity, Demands & Supply, Value Chain & Process by 2029

In an upcoming market research study, Future Market Insights (FMI) lays bare undercurrents and opportunities prevailing in the global Tyre Inflators market. The report provides in-depth insights on the Tyre Inflators market through a detailed analysis of key growth drivers, restraints, trends, challenges, and revenue growth based on historical data. Valuable information and forecast statistics covered in the Tyre Inflators market report will help existing and potential new market players to craft long-term strategies as well as maintain business continuity during a crisis.

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COVID-19 Impact Analysis

As with many industries, the recent outbreak of the COVID-19 has adversely affected the global automotive & transportation industry. The Tyre Inflators market is no exception. Following government’s measures, particularly social distancing norms and shelter-in-place orders, companies active in the Tyre Inflators market have put their production on a halt. Additionally, movement restrictions have created a logistical nightmare for market players, while the lack of ‘essential’ status caused a decline in sales.

The FMI’s report covers an exclusive chapter on the initial COVID-19 impact on the Tyre Inflators market. This allows both incumbent companies and new entrants to understand the market scenario during a crisis and helps them make sound decision to gain a distinct competitive edge.

Why Choose Future Market Insights

  • Serving domestic and international clients 24/7
  • Prompt and efficient customer service
  • Data collected from reliable primary and secondary sources
  • Highly trained and experienced team of research analysts
  • Seamless delivery of tailor-made market research reports

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Tyre Inflators Market: Segmentation

To analyze the Tyre Inflators market effectively and efficiently, the information has been segregated into key segments and sub-segments.

On the basis of by Product Type, global tyre inflators market can be segmented as:

  • Portable tyre inflator
  • Wall mounted tyre inflator

On the basis of by Technology, global tyre inflators market can be segmented as:

  • Conventional tyre inflator
  • Digital tyre inflator

On the basis of by Channel, global tyre inflators market can be segmented as:

  • Direct Sales
  • Distributor

Tyre Inflators Market: Competition Analysis

The FMI’s study presents an extensive analysis of global, regional, and country-level players operating in the Tyre Inflators market based on their innovative launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the Tyre Inflators market report.

Key players covered in the report include: Coido Corporation, Instrument Research Associates (IRA), Nova Gas Techniques Ltd., Airtec Corporation, Pressure Systems International, Inc., Craftsman, Hendrickson USA, L.L.C., Pressure Guard, STEMCO, Nexter Group, PTG, Aperia Technologies, Inc., MasterFlow, Eastwood Digital, Campbell Hausfeld, VIAIR Corporation, Wagan Corporation, and some others.

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Crucial Questions Answered in the Report

  • Which end-use industry remains the top consumer of Tyre Inflators in different regional markets?
  • At what rate has the global Tyre Inflators market been expanding during the forecast period?
  • How will the global Tyre Inflators market look like by the end of the forecast period?
  • What innovative technologies are the Tyre Inflators market players adopting to stay ahead of the pack?
  • What are the restraints affecting the growth of the global Tyre Inflators market?

Key Offerings of the Report

  • Growth Drivers and Opportunities: Comprehensive analysis on growth-driving factors and opportunities for market players in different regional markets
  • Recent Trends and Forecasts: Detailed assessment on the latest trends, technological developments, and forecasts for a 5-year or 10-year period.
  • Segmental Analysis: Extensive analysis on each segment and factors differentiating the role of these segments in market revenue forecasts and growth rate analysis
  • Regional Market Forecast: Thorough analysis of each regional market to arm stakeholders with necessary information to take critical decisions
  • Competitive Landscape: All-inclusive insights on both leading and emerging players vying for a slice of the Tyre Inflators market.

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Kayak Trolling Motor Market Projected to Reach US$ 550 Mn by 2032 | FMI

The kayak trolling motors market is likely to register a CAGR of 3% during the forecast period, and is anticipated to reach a market share of US$ 641 Mn in 2032 from US$ 550 Mn in 2020, due to an increase in recreational activity coupled with significant fishing activity around the world.

In the global kayak trolling motor market, leading players are striving to roll out high performance, low in energy consumption kayak trolling motor at an affordable price. Moreover, leading manufacturers are listing its product in online websites such as Amazon, Industry buying, among others, in a bid to foray in the competitive market.

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To operate kayak manually or with paddle has been termed as considerably tedious for which drivability of kayak in a more convenient manner as well as high degree of travel speed for kayaks has been desired by the end users. To address this criteria, installation of trolling motors has been sought by the kayak operators. A Kayak based Trolling motor is generally attached to the rear side of Kayak in order to ease in drive that features a motor, propeller, and controls.

Moreover, trolling motor does not create very large sound like large propeller engine, therefore these motors are consider as very economic for water aquaculture. The trolling motor attached kayak can easily operate through remote without any difficulties.

Kayak Trolling Motor Market: Dynamics

Increasing recreational activity coupled with significant fishing activity around the world has been instrumental in driving the global kayak trolling motor market over a considerable time since inception. Furthermore, technological advancement in boat drive technology is also expected to result in sales upsurge of kayak trolling motor market during the forecast period.

Kayak trolling motor manufacturer are providing innovative features such as LED light battery indicator which shows the percentage battery, in a bid to take a mark position in the competitive kayak trolling motor market. Moreover, this technology is opted by most of the manufacturer to withstand in the global competition. Most of the kayak trolling motor’s leading manufacturers are also providing adjustable shaft with kayak trolling motor, which provides easy driving and handling therefore increasing eclectic innovations in the trolling motors shaft is estimated to fillip the global sales of kayak trolling motor market in the coming decades.

Furthermore some vital properties of kayak trolling motor for instance high battery backup, lightweight, good built quality, among other are also enabling the growth of the kayak trolling motor in the respective business territories.

Instead of benefits of kayak trolling motor, after installation of trolling motor overall weight of the kayak will increase which in turn is expected to increase the overall efficiency of kayak as well as can also affect the speed of kayak owing to trolling motor are attached with battery, shaft, among other.

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Kayak Trolling Motor Market: Key Participants

The global kayak trolling motor market is characterized as consolidated owing to presence of limited manufacturer. However, some of the participants are identified across the value chain:

  • Ningbo Haibo Group Co., Ltd.
  • MINN KOTA
  • Torqeedo GmbH
  • Jarvis Walker Pty Ltd.
  • Newport Vessels
  • Haswing USA
  • Marine Tech Products

Kayak Trolling Motor Market: Segmentation

By Thrust capacity, Kayak Trolling Motor market can be segmented as:

  • Less than 20 lbs
  • 20-40 lbs
  • 40-60 lbs
  • 60-80 lbs
  • More than 80 lbs

By Distribution Chanel, Kayak Trolling Motor market can be segmented as:

  • Online
  • Offline

By Sales Channel, Kayak Trolling Motor market can be segmented as:

  • OEM (Original Equipment Manufacturer)
  • Aftermarket
    • Shaft
    • Handle
    • Motor
    • Battery
    • Controller

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By Application, Kayak Trolling Motor market can be segmented as:

  • Saltwater Use
  • Freshwater Use

By End Use, Kayak Trolling Motor market can be segmented as:

  • Fishing & Hunting
  • Recreational & Touring

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the Kayak Trolling Motor Market
  • In-depth Kayak Trolling Motor Market segmentation
  • Historical, current, and projected Kayak Trolling Motor Market size in terms of volume and value
  • Recent industry trends and developments in the global Kayak Trolling Motor Market
  • Competitive landscape
  • Strategies of key players and products offered in the global Kayak Trolling Motor Market
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on Kayak Trolling Motor Market performance
  • Must-have information for market players in Kayak Trolling Motor Market to sustain and enhance their market footprint

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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.

Contact:

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Europe Dominates The Cable Cars And Ropeways Market With A Revenue Share Of 25.2% From 2022-2032

The global cable cars and ropeways market is anticipated to reach a valuation of US$ 11.5 Mn in 2032 while exhibiting a stellar growth rate of 10.6% CAGR over the forecast period of 2022 to 2032. Scaling up from an estimated value of US$ 4.21 Mn in 2022, the cable cars and ropeways market is fueled by the escalating tourist activity all over the world. More and more countries are concentrating on reinventing their tourist attractions by integrating zipping and ropeway projects. This, in turn, will boost the sales of cable cars and ropeways over the projected period.

Cable cars and ropeways are aerial lifts that use one or two fixed ropes or cables to support the transporting vehicle along with a third rope or cable for proper propulsion. These vehicles use a simple, powerful and cost-effective technology. Cable cars and ropeways are a quick, affordable and convenient way of transport, especially in hilly and mountain areas, areas with rivers, snow-covered areas, unequal terrains, etc. Moreover, advancing technology has enabled the introduction of electric motors and steel cables which optimize efficiency. This has resulted in large-scale adoption of cable cars and ropeways in various regions which offer tourist and adventure attractions as well as areas with mining facilities.

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With emerging trends in cable cars and ropeways, the market is steadily becoming a preferred choice of travel in tourist and winter regions. Gradually, opportunities are also emerging in urban transportation. Furthermore, evolving technology and high advantages associated with cable cars and ropeways are expected to propel the market towards growth over the forecast period.

“Rising adoption of latest technology coupled with rapidly expanding tourism industries are stimulating the sales of cable cars and ropeways in the global market over the forecast period,” says an FMI analyst. 

Key Takeaways:

  • Strict safety regulations and high power consumption may hamper market prospects.
  • North America to account for 18.4% of the overall market share in 2022.
  • Europe will undergo considerable target market growth over the forecast period.
  • Start-up ecosystem in the market will likely introduce new and enhanced products into the market.

Competitive Landscape 

Doppelmayr Garaventa Group, Vergokan, Kreischberg: Cableways, Dubrovnik cable cars, Kropivnik Cableways Pvt. Ltd., Damodar ropeways, and Bullwheel international cable car corp among others, are some of the major players in the cable cars and ropeways market that are profiled in the full version of the report.

In a fairly competitive market, major players are concentrating on market expansion strategies like mergers, acquisitions, partnerships, and agreements. These businesses also vie for the government tenders to gain a competitive edge.

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Cable Cars And Ropeways Market Key segments

By Industry:

  • Tourism
  • Material handling
  • Public transportation
  • Mining industries

By Sales Channel:

  • OEM (Original Equipment Manufacturer)
  • Aftermarket

By Type:

  • Fixed grip installations
  • Drag lifts
  • Fixed grip chairlifts
  • Pulsed gondola ropeways
  • Detachable installations
  • Detachable chairlifts
  • Mono cable detachable gondola lifts
  • Telemix: combined detachable chairlift and gondola lift
  • Bicable (2S) & Tricable (3S) Gondola lifts
  • Aerial tramway
  • Funicular

More Insights into the Cable Cars and Ropeways Market Report

In its latest report, FMI offers an unbiased analysis of the global cable cars and ropeways market, providing historical data from 2016 to 2021 and forecast statistics for 2022 to 2032. To understand the global market potential, growth, and range, the market is segmented based on industry (tourism, material handling, public transportation, mining industries), sales channels (OEM (Original Equipment Manufacturer), aftermarket), type (fixed grip installations, drag lifts, fixed grip chairlifts, pulsed gondola ropeways, detachable installations, detachable chairlifts, mono cable detachable gondola lifts, telemix: combined detachable chairlift and gondola lift, bicable (2S) & tricable (3S) gondola lifts, aerial tramway, funicular), and region.

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According to the latest FMI reports, based on region, the cable cars and ropeways market in North America is expected to present considerable growth over the assessment period. The region is expected to account for 18.4% of the overall market share. This growth can be attributed to usage of cable cars and ropeways in urban transportation as well as their application in multiple mountaineering and hiking spaces. Advancing tourist areas are also supplementing this growth.

In Europe, the cable cars and ropeways market is expected to present healthy growth over the forecast period. The region currently holds 25.2 % of the global market share. Booming tourism sector along with an intensely dynamic demography seem to bolster the regional market growth over the projected period.

About Us:

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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