Rough Terrain Cranes Market Emerging Growth Analysis, Future Demand and Business Opportunities 2026

The latest market outlook titled “Rough Terrain Cranes Market: Middle East and Africa Industry Analysis and Opportunity Assessment, 2016–2026” by Future Market Insights offers imperative insights into the Middle East and Africa rough terrain cranes market for the forecast period 2016-2026.

The overall long-term outlook on the growth of MEA market for rough terrain cranes remains optimistic, with the market projected to grow at a promising CAGR of 5.6% through 2026. Over the assessment period, MEA market for rough terrain cranes will gain nearly 100 BPS, reaching a market size of over US$ 231 Mn by 2026 end. GCC countries currently account for a significant share of the MEA market – this will remain the trend throughout the forecast period. The next largest markets include South Africa, Israel, and Turkey, which is anticipated to be closely followed by the rest of MEA.

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Key research findings strongly influencing the market growth

  • High initial capital and expensive maintenance continues to fuel preference for rental cranes over new crane sales.
  • Lucrative opportunities abound in the high lifting capacity cranes i.e. > 100T capacity segment.
  • Application in fracking pipe yards, transmission distribution lines, and tank firms will unlock new revenue generation opportunities.
  • Implementation of automation and advanced telematics are identified to be the top influential developments.
  • Focus on enhanced operator comfort and efficient fuel economy underpins introduction of new features in rough terrain cranes.
  • GCC will remain the largest market in rental as well as new sales of rough terrain cranes within MEA.
  • Maximum new sales will be registered in Turkey over 2016-2026.
  • African countries will account for significant demand owing to rapidly developing power generation and distribution infrastructure, and burgeoning mining activities.

The market has been segmented for in-depth analysis over 2016-2026, into MEA rough terrain cranes market – new sales and MEA rough terrain cranes market – rental. While market for rental rough terrain cranes is likely to witness a CAGR of 5.3% reaching a value worth US$ US$ 247.4 Mn in 2026, market for new sales of rough terrain cranes is expected to reach US$ 142.0 Mn by 2026-end, expanding at a healthy CAGR of 5.9% over the assessment period.

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MEA Rough Terrain Cranes Market – Rental

Future Market Insights expects this market to reach US$ 248 Mn in 2026.

  • On the basis of lifting capacity, the highest growth will be observed in > 100 tonnes capacity segment.
  • 50-75T capacity segment will continue to dominate the market throughout the forecast period.
  • 75-100T capacity segment will possibly exceed revenues of US$ 68 Mn in 2026, accounting for more than 27% share of the entire market revenues at the end of forecast period.
  • By boom length, 25-35 metre segment is projected to remain dominant with a major revenue share contribution of over 43% in 2026. Despite a relatively lower CAGR over 2016-2026, this segment will be evaluated at around US$ 107 Mn in 2026.
  • 35-50 metre segment will retain the second largest segment position with estimated revenue sales worth US$ 80 Mn in 2026, capturing over 31% share of the market value. This segment is expected to demonstrate the fastest growth at a CAGR of 5.6%.
  • Based on country, GCC will continue its monopoly with over 60% value share by the end of forecast period, eventually approaching US$ 150 Mn by 2026 end.
  • South Africa and Israel will be the next largest markets, whereas the rest of MEA and Turkey will witness higher growth rates of over 7%.

Market segmentation

To understand and assess opportunities in the Middle East and Africa rough terrain cranes market, we have divided the report into four sections based on market segmentation as under:

By Lifting Capacity

  • Upto 25 Tonnes
  • 25.1 to 50 Tonnes
  • 50.1-75 Tonnes
  • 75.1-100 Tonnes
  • More than 100 Tonnes

By Boom Length

  • Upto 25 meters
  • 25.1-35 meters
  • 35.1-50 meters
  • More than 50 meters

By Sales Channel

  • New Sales
  • Equipment Rental

By Country

  • GCC
  • Israel
  • Turkey
  • South Africa
  • Northern Africa
  • Rest of Middle East and Africa

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MEA Rough Terrain Cranes Market – New Sales                    

This market, according to Future Market Insights, will account for the revenues of nearly US$ 142 Mn by 2026-end.

  • By lifting capacity, 50-75T capacity segment is projected to attract the maximum revenues.
  • 75-100T capacity segment is likely to account for over 28% market value share in 2026.
  • > 100T capacity segment is predicted to witness the highest CAGR resulting in almost exponential growth in sales revenues over 2016-2026.
  • In terms of boom length, 25-35 metre segment will continue to dominate through 2026, accounting for more than 43% value share.
  • > 50 metre segment will be the fastest growing segment, exhibiting an impressive CAGR of 6.7%, resulting into twofold growth of the market over 2016-2026.
  • Country-wise, GCC will retain dominance, followed by South Africa. While the former is foreseen to attract over US$ 81 Mn in terms of 2026 revenues, the latter will reach over US$ 20 Mn in 2026.
  • GCC reaffirms the leading position with around 58% value share in 2026, whereas the rest of MEA, North Africa, and Turkey are expected to witness higher CAGRs over the assessment period.

Among the leading players in the MEA rough terrain cranes market, Terex Corporation is identified to hold the most prominent share of over 21% in terms of new sales. Other leading companies include The Manitowoc Company, Inc., Tadano Ltd., Zoomlion Heavy Industry Science And Technology Co., Ltd., Liebherr Group, Xuzhou Construction Machinery Group Co., Ltd., Sany Heavy Industry Co., Ltd., and KATO WORKS CO., LTD.

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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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Automotive Balance Shaft Market Challenges, Drivers, Outlook, Growth Opportunities – Analysis to 2032

In an automotive engine, especially in engines with asymmetric design, the engine experiences a second level of vibration, even the well-balanced engines with asymmetric design experience the second level vibration. The automotive balance shaft is integrated with vehicle engines for offsetting the vibration effect that the engine creates. The balance shaft is a complex part that needs to design precisely, to make sure it’s compatible with the engine system.

The demand for automotive balance shafts is projected to be worth US$14.03 billion globally in 2022 and to increase at a CAGR of 6% to US$25 billion globally from 2022 to 2032. Increased demand for Balance Shaft, particularly in the automotive industry, is credited with growth.

Globally, the demand for automotive balance shaft is forecast to grow in the future as the demand for noise, vibration and harshness free engines is increasing.

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Automotive Balance Shaft Market: Drivers and Challenges

Globally, the demand for ‘Inline-4 Cylinder Engine’ is growing, especially in the Asia-Pacific. The demand for environmental friendly vehicles is on the rise, due to the stringent government emission regulations. Original equipment manufacturers of automotive are integrating balance shaft in the vehicles to offer vehicle engines with reduced/negligible noise, vibration and harshness. All the above factors are fueling the growth for global balance shaft market. Original equipment manufacturers are increasing using aluminum balance shafts for their weight and strength advantage.

The growing importance of electric vehicles and increasing sales of sports utility vehicles & luxury vehicles with high-performance engines are inhibiting the global balance shaft market growth.

Automotive Balance Shaft Market: Overview

The global automotive balance shaft market by volume is expected to expand at a CAGR of around 5-7% during the forecast period (2015-2025), due to increasing demand for vehicle with incline-4 cylinder engine, need to reduce noise, vibrations and harshness levels, etc.

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Automotive Balance Shaft Market: Key Players

Some of the key market participants in global balance shaft market are

  • American Axle & Manufacturing Holdings, Inc.
  • LACO, Mitec-jebsen Automotive Systems (Dalian) Co Ltd.
  • Musashi Seimitsu Industry Co., Ltd.
  • Ningbo Jingda Hardware Manufacture Co., Ltd.
  • Otics Corporation
  • Sansera Engineering

Automotive Balance Shaft Market: Segmentation

The global automotive balance shaft market can be segmented by manufacturing process, by engine type and by regions

Based on manufacturing process, the global automotive balance shaft market is segmented as

  • Forged Balance Shaft
  • Cast Balance Shaft

Based on Engine Type, the global automotive natural gas vehicle market is segmented as:

  • Inline-3 Cylinder Engine
  • Inline-4 Cylinder Engine
  • Inline-5 Cylinder Engine

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Report Highlights:

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

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About Future Market Insights (FMI) 

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

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Sales of Used Bikes through Bike Marketplace Key Manufacturers, Development Trends and Competitive Analysis 2032

Sales of used bikes through bike marketplaces are predicted to witness a moderate growth rate of 4.8% during the forecast years of 2022 to 2032. The net worth of the bike marketplace is expected to reach US$ 2.5 Billion by the year 2032, increasing from US$ 1.53 Billion in the year 2021.

Consumers benefit from the used bike marketplace since they are more affordable than the newly released bikes and in terms of maintenance. Moreover, worsening traffic conditions are said to be a major determining factor for the expansion of the used bike market trends at some level. Furthermore, the growing number of everyday commuters in urban areas is indirectly augmenting the sales of used bikes through bike marketplace opportunities for dealers.

Sales of used bikes through bike marketplaces are mostly found to be proliferating around the used luxury bikes as it provides vendors with a larger profit margin after the sale. Further, OEM engagement in the sales of used bikes through marketplaces has expanded as a result of this higher commission cut for market players during the process.

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This new market research report on the sales of used bikes through bike marketplace also sheds light on the regulatory constraints put up by public administration regarding the environmental impacts of aged automobiles. In the purview of vehicular emission control, many regulatory bodies have imposed mandates over the total lifetime of any vehicle. This rule, in turn, can pose a major challenge for the bike marketplace growth during the forecast period.

Key Takeaways

  • The historical size of the global used bike marketplace in the year 2021 is estimated to be around US$ 38.2 Billion.
  • The yea-on-year growth rate of the used bike marketplace is found to have improved from that of 4% recorded during the time period covering 2017 to 2021.
  • On the basis of distribution channel, customer to customer method of business is the dominating segment with 62.8% contribution.
  • Imported bikes accrue almost 63% of the total sales of used bikes through bike marketplace achieved by the global market.
  • Bikes with an engine capacity ranging between 150 CC to 200 CC is figured out to be the highest selling segment for the sales of used bikes through bike marketplace.
  • In consistent with the fact, super bikes are the most popular segment with 25.2% market share and higher profit margin for the sales of used bikes through bike marketplace.
  • Used electric bikes for sale through marketplaces has surfaced to be rapidly gaining traction against petrol bikes, by acquiring nearly 31.7% of the total market in a very short time.

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Key Segments

By Distribution Channel:

  • Customer to Customer
  • Business to Customer

By Source:

  • Domestic Bikes
  • Imported Bikes

By Engine Capacity:

  • Up to 100 CC
  • 100 to 110 CC
  • 110 to 135 CC
  • 135 to 200 CC
  • Above 200 CC

By Type:

  • Computer
  • Off-Roading
  • Sports
  • Super Bikes
  • Cruiser Bikes
  • Others

By Propulsion:

  • Petrol
  • Electric

By Region:

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

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Competitive Landscape

Some of the market key players includes Droom, CredR, Bikedekho, Bikewale, Mahindra First Choice, Bikers Highway, OLX, Quicker, Use Motorcycle Store, and Bicycle Bluebook among others.

Recent Developments

CredR is a well-known used bike sales online website that has pledged to deliver used bikes to the homes of its customers by the year 2020. Consequently, CredR Care has now become associated with the on-demand doorstep bike service sector that it provides as a result of this new business approach.

Triumph Motorcycles, based in the United Kingdom (UK), has announced the launch of a used premium bike programme especially for the Indian market and consumers in 2019. In addition, the company also wants to provide clients financing alternatives for its reconditioned or refurbished products to further attract potential buyers.

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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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Non-Agriculture Smart Irrigation Controllers Market | Present Scenario, Growth Prospects and Competition Analysis by 2031

As per the non-agriculture smart irrigation controllers’ industry examination by Future Market Insights (FMI), the interest enrolled in the market will increment at a CAGR of 12.8% from 2021-2031.

The report likewise estimates that the market will outperform a valuation of ~US$ 287.6 Mn toward the finish of 2021. Non-agriculture smart irrigation controllers can be checked and overseen from far off area by means of gadgets, for example, smartphones, PCs or through smart collaborators sent in a family. Thus, use of these smart irrigation controllers is expanding in private area.

Interest for non-agriculture smart irrigation controllers market is expanding because of cost-viability and limited water squander. These controllers additionally offers better long haul scene wellbeing, web of things (IoT)- based biological system for smart irrigation, and smart warnings if there should arise an occurrence of irregularities.

Further, better capacity and benefits of non-agriculture smart irrigation regulator items over customary controllers are is establishing helpful climate for the interest in the market.

These smart irrigation controllers additionally give better item plan and advancement, customization administration, rebuilding of the inventory network for higher productivity. This is supposed to offer gradual learning experiences for the central members.

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Governments initiatives for supporting water conservation is increasing the adoption of smart irrigation systems.  Also, factors such as the need for efficient irrigation systems, development of smart cities, and reduced cost of sensors and controllers used in smart irrigation systems are expected to propel the demand for smart irrigation products.

Key Takeaways

  • By type, the standalone irrigation controllers segment is anticipated to account for the leading share in the global demand for non-agriculture smart irrigation controllers market during the forecast period.
  • The smart irrigation sprinkler controllers segment is estimated to grow at a robust CAGR of 15.4% through 2031.
  • By application, the adoption of non-agriculture smart irrigation controllers in industrial segment is anticipated to increase at a CAGR of 13.9% between 2021 & 2031.
  • India is expected to witness growth at a CAGR of around 22.0% through 2031.
  • In Japan, sales are expected to increase at a CAGR of ~17.3% over the next ten years.

Innovation in Communication Methods to Have a Positive Impact on Market

Connected technologies are becoming an integral part of smart deployments, and manufacturers are increasingly trying to integrate smartphone control functionality into their systems.

Most of the smart home-based irrigation controllers are integrating functionalities that can enable them to communicate through smart home systems via voice, using smart assistant devices such as Amazon Alexa.

For instance, in March, 2018, Rain Bird launched Alexa-enabled controllers. Users are able to control their irrigation systems using the voice-activated personal assistant

There is continuous advancement in communication technologies which is creating potential opportunities for the non-agriculture smart irrigation controller market. It helps growers or residential users to access their irrigation systems remotely.

Advanced wireless sensors offer convenience, mobility, etc. and radio frequency technology in irrigation systems provides connectivity with wireless signal communication systems. These aforementioned factors are expected to provide an impetus to the demand in the market.

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More Valuable Insights on Non-Agriculture Smart Irrigation Controllers Market

Future Market Insight’s report on the non-agriculture smart irrigation controllers industry research is segmented into three major sections – type  (plug-in irrigation controllers, standalone irrigation controllers, smart irrigation sprinkler controllers), application (industrial, commercial, residential), and region (North America, Latin America, Europe, East Asia, South Asia & Pacific, and the Middle East & Africa), to help readers understand and evaluate lucrative opportunities in the non-agriculture smart irrigation controllers demand outlook.

Non-Agriculture Smart Irrigation Controllers Industry Outlook by Category

By Type:

  • Plug-in Irrigation Controllers
  • Standalone Irrigation Controllers
  • Smart Irrigation Sprinkler Controllers

By Application:

  • Industrial
  • Commercial
  • Residential

By Region:

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

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Railways Management System Market Analysis, Future Growth, Segmentation, Competitive Landscape, Key Trends

As per Future Market Insights, the worldwide market for railways management systems is expected to grow energetically in the impending years. Toward the finish of 2022, the worldwide railways management system market is ready to be worth almost US$ 5 billion.

The report offers a select concentrate on the worldwide railways management system market, uncovering key possible situations for market extension. Over the estimate period, 2017-2022, the worldwide market for railways management systems is supposed to enroll a worth CAGR of 10.4%.

Taking into account how railways will stay to be the foundation of coordinated operations, framework, and the general economy of a country, managerial specialists are supposed to embrace railways management systems for supporting this item. As per Future Market Insights, the worldwide market railways management systems in expected to get some forward momentum with regards to incomes over the time of next five years.

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North America to register higher adoption of railways management systems

The report has anticipated that North America will dominate the global railways management system market in terms of revenues. With a robust rail infrastructure in this region, a majority of freight and logistics operations in the US and Canada are carried out through railways.

The adoption of railways management systems in Asia-Pacific excluding Japan (APEJ) is also expected to gain considerable traction. Considering how efficient railway transportation has served as a mainstay for economic development in several APEJ countries, the railways management system market in this region is expected to expand at a robust CAGR during the forecast period. Europe’s railways management system market is also expected to showcase impressive growth in few years down the line.

Competitive Landscape
Several companies are also expected to develop distinct subsystems on railways management, which could be used to improve the performance of existing systems. The report has also profiled key developers of railways management systems in the global market. Companies namely, GAO RFID, Hitachi, Ltd., Amadeus IT Group, S.A, Cisco Systems, Inc., ABB Limited, IBM Corporation, Thales S.A., Toshiba Corporation, General Electric Co., and Huawei Technologies Co., Ltd. are expected to remain active in global expansion of railways management system market over the span of next five years.

Cloud deployment of railways management system to register highest CAGR

On-premise deployment of railways management system is anticipated to bring in nearly US$ 2 billion in global revenues by the end of 2017. In the approaching years, however, several railway administrations across the globe are likely to deploy railways management system through cloud-based networking models.

For improving compliance of railways management systems across integrated platforms, cloud deployment will be viewed as the best option. Moreover, real-time management and active notification systems will be working more effectively through cloud deployment of railways management systems. Through 2022, global revenues procured from cloud deployment of railways management systems are anticipated to register highest CAGR of 13.2%.

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The taxonomy of the global railways management system market has been illustrated in the table below:

Region

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

Solutions

  • Traffic Planning
  • Track Management System
  • Operation Management System
  • Railway Reservation System
  • Others (asset management system)
  • Other Application

Deployment Type

  • On-Premise
  • Cloud

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Video Intercom Device Market Current and Future Trends, Leading Players, Industry Segments and Regional Forecast By 2027 | Says FMI Analyst

The worldwide video intercom device market is supposed to enroll a CAGR of 13.1% during 2017 – 2027, with North America, Western Europe, and APEJ representing striking offers toward the figure time frame’s end.

FMI has conveyed the critical experiences on the worldwide video intercom device market in its report named “Video Intercom Device Market: Global Industry Analysis 2012 – 2016 and Opportunity Assessment, 2017 – 2027”.

The development of the worldwide video intercom device market is supposed to be alluring as the market is supposed to develop ceaselessly at a CAGR of 13.1% concerning esteem during the estimate time frame, 2017 – 2027.

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Video Intercom Device Market: Analysis & Forecast

On the basis of product, the door/entrance system segment is expected to register attractive growth during the forecast period in the global video intercom device market. On the basis of technology, the IP-based video intercom device segment is expected to witness an attractive growth during the forecast period in the global video intercom device market. Based on vertical, the residential segment is expected to gain a high share in the global video intercom device market during the forecast period.

The global video intercom device market was valued at US$ 15,711.6 Mn by the end of 2017, and is expected to grow at a steady pace over the coming years. Developed economies of North America, Eastern Europe and APEJ are collectively expected to account a major share of the global video intercom device market.

North America, Eastern Europe and APEJ are projected to be the dominant regional markets for video intercom device, where APEJ is expected to grow at high CAGR during the forecast period.

Video Intercom Device Market: Dynamics Impacting Revenue Growth

Since the last few years, the adoption of video intercom device has increased considerably, especially in the residential segment. The manufacturers of video intercom devices are planning to reduce the overall as well as the installation cost.

Apart from building and societal security infrastructure, video intercom devices are deployed for baby monitoring purpose facilitating parenting ease, by providing information about the baby’s routine activities.

The door/entrance system segment in the global video intercom device market is expected to witness significant growth over the forecast period. The system sends an alert signal to the user regarding the entry and exit of a known or unknown person, even if the user is not present at the premise, which is the prime factor driving the demand for door/entrance system.

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Video Intercom Device Market: Regional Insights

North America is expected to be the dominant regional market for video intercom device as the overall revenue generated from the residential segment has surged owing to the increased adoption of smart home automation solutions.

Consumers nowadays are adopting security systems with advanced features embedded in their smart home applications, considering it as a value-added service for better quality of living. Such factors are encouraging the vendors of video intercom devices to innovate their solutions, which is thus driving the growth of the video intercom device market in the region. The APEJ video intercom device market will be a target market for the participants owing to the high growth opportunities in countries such as India and China.

The video intercom device market in Eastern Europe has high potential. Penetration of smartphones in the European countries is increasing rapidly, and population living in urban areas is looking for better security solutions such as video intercom devices to deploy in their smart homes. This is a major factor expected to drive the growth of the video intercom device market in the region.

Video Intercom Device Market: Competition Analysis

According to FMI’s analysis, the integration of advanced technologies by the manufacturers of video intercom devices, along with enhancement of functionality will help increase their revenues in the video intercom device market.

Examples of some of the key participants operating in the global video intercom device market are Panasonic Corporation, Honeywell Security, LEGRAND, Godrej Industries Limited, Zicom, Zenitel, Aiphone Corporation, Comelit Group S.P.A., Dahua Technologies Co. Ltd., and Hangzhou Hikvision Digital Technology Co. Ltd.

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Key Segments Covered

Product

  • Baby Monitoring System
  • Handheld Device
  • Door/Entrance System

Technology

  • IP-based
  • Analog-based

Vertical

  • Government
  • Residential
  • Commercial
  • Manufacturing/Industrial

Key Regions Covered

  • North America Video Intercom Device market
    • U.S.
    • Canada
  • Latin America Video Intercom Device market
    • Brazil
    • Mexico
    • Rest of Latin America
  • Western Europe Video Intercom Device market
    • Germany
    • France
    • U.K.
    • Spain
    • Italy
    • Benelux
    • Nordic
    • Rest of Western Europe
  • Eastern Europe Video Intercom Device market
    • Russia
    • Poland
    • Rest of Eastern Europe
  • APEJ Video Intercom Device market
    • China
    • India
    • Australia & New Zealand
    • ASEAN
    • Rest of APAC
  • Japan Video Intercom Device market
  • MEA Video Intercom Device Market
    • GCC Countries
    • Turkey
    • South Africa
    • North Africa
    • Rest of MEA

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https://kgn.tribe.so/post/covid-19-impact-on-network-attached-storage-nas-market-research-report-2022–62b45779bd474d235de1502f

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Weather Information Technology Market Size, Share, Industry Analysis, Future Growth, Segmentation, Competitive Landscape, Key Trends and Forecast 2022-2029

The worldwide weather information technology market is set to partake in a valuation of US$ 4,772.7 Mn in 2022, and further extend at a CAGR of 6.1% to arrive at US$ 7,216.3 Mn continuously 2029.

New correspondence organizations and figure frameworks, for example, advanced information base determining, nowcasting frameworks, remote correspondence and others are arising and giving the potential chance to work on Public Weather Services (PWS).

Utilizing technology like increased reality, meteorologists are making visuals from weather radar and determining models, and assisting watchers with planning for future tempests.

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Weather information through mobile apps and websites, and promotion of commercial applications such as hyper-local forecast, stunning weather virtualization, and smart notification in APEJ are creating opportunities for global players.

Increasing Environmental Observations and Monitoring of Weather Information Technology Boost the Market Growth

Various technological trends that are changing all areas of the market are fueling advances in weather prediction. Advances in modeling and forecasting, cloud, big data and analytics, smart devices, and mobile computing are fueling innovations in service delivery.

Rapid growth in personal weather stations and smart connected devices has increased the data available for weather observation and monitoring and may have the potential to improve the accuracy of hyperlocal weather forecasts. Hence, the adoption of monitoring and environment observations is driving the growth of the weather information technology market.

For instance, in March 2021, the Lockheed martin Corporation successfully launched GOES-17 Satellite to provide broad coverage with powerful new weather monitoring technology for meteorologists. This satellite will continue to produce dazzling weather data that has captivated forecast.

More Valuable Insights on Weather Information Technology Market

FMI’s report on the weather information technology market is segmented into six major sections such as solutions (systems, and services), applications (air quality monitoring, weather monitoring, weather forecasting, and others (chemical & space weather monitoring)), industry (utilities, agriculture, military & defense, transportation, marine, aviation, and others(mining, energy utilities, chemicals)), and region to help readers understand and lucrative evaluate opportunities in the weather information technology market.

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Competitive Landscape

Weather information technology providers are continuously focuses on cost reduction of the product and improved services by implementing different strategies such as product innovation, partnership, acquisition and geographical expansion. With these strategies, key players expect to strengthen their presence in the global market and develop advanced weather forecasting technologies.

  • For instance, in September 2019, Lockheed Martin Corporation introduced new state-of-the art facility in Colorado Springs that lets the Air Force and others simulate, test and train in a multi-domain environment that reflects today’s complex space environment.
  • For instance, in September 2019, Accuweather introduced new product suit that enables advertisers and brands to utilize unique proprietary weather forecasts for targeted advertising via segments available on leading data platforms.

Key Takeaways – Weather Information Technology Market Study

  • Demand from aviation industry would witness a high growth rate, owing to rising adoption of weather information technology in military & defense sectors.
  • Market share held by air quality monitoring is projected to increase at a striking CAGR during the forecast period, due to increasing focus to monitor and control levels of air pollution.
  • North America is anticipated to dominate the weather information technology market due to increasing application of supercomputing for weather forecast in the region.
  • Management of climate and weather information technology can help better-informed policy for community and institutions that decrease related risks and offer efficient use of limited resources, livestock, improve fishery production, and increase the crop yield.

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Weather Information Technology Outlook By Category

By Solution :

  • Weather Information Technology Systems
    • Automatic Weather Stations
    • Automated Weather Observing System (AWOS)
    • Sounding Systems
    • Weather Radar
    • Others (Lightening, Air Quality)
  • Weather Information Technology Services
    • Maintenance Services
    • Consulting Services

By Application :

  • Air Quality Monitoring
  • Weather Monitoring
  • Weather Forecasting
  • Others

By Industry :

  • Utilities
  • Agriculture
  • Military & Defense
  • Transportation
  • Marine
  • Aviation
  • Others (Mining, Chemicals)

By Region :

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

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Electronics Accessories Market Segmentation and Analysis by Recent Trends, consumption by Regional data, Development, Investigation, Growth Forecast to 2025

Future Market Insights (FMI) conveys key experiences on the Middle East electronics accessories market in its most recent report named ‘Electronics Accessories Market: Middle East Industry Analysis and Opportunity Assessment, 2015 – 2025’.

As far as worth, the Middle East electronics accessories market is projected to enroll a sound CAGR of 5.4% during the gauge time frame because of different variables, in regards to which FMI offers essential bits of knowledge exhaustively in this report. Furthermore, the Middle East electronics accessories market is projected to enroll a CAGR of 6.5% concerning volume during the conjecture time frame.

Players in the Middle East are creating explicit items like earphones and miniature headphones and stylishly planned electronic gadgets. Interest for miniature headphones and earphones that offer better commotion undoing is normal than essentially ascend among the rising number of audiophiles in the districts soon.

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The Middle East electronics accessories market is divided based on item type, end use, cost range, circulation channel and area. Based on item type, the market has been sectioned into cell phone accessories, PC accessories and auto infotainment accessories. As far as worth, the cell phone accessories fragment has been assessed to represent 62.7% portion of the Middle East electronics accessories market by 2015 end.

Likewise, the car electronics fragment in the locale is seeing a critical flood in its development, and in this manner is supposed to keep practical development sooner rather than later. High volume of vehicle deals is, thusly, expected to additional drive deals of car infotainment frameworks throughout the following five to six years in these districts.

Development of the Middle East electronics accessories market is for the most part determined by multiplication of associated gadgets, expanding extra cash of buyers in metropolitan regions in GCC and developing Internet entrance, which thus is prompting the rising inclination of purchasers towards online retail in these districts. Expanding reception of cell phones among the adolescent in the GCC locale is giving huge improvement to development of the electronic accessories market in the district.

This report covers patterns driving each fragment and offers examination and bits of knowledge on the capability of electronics accessories in every one of the nations covered under Middle East. As far as income share commitment, GCC district has been assessed to overwhelm the electronics accessories market all through the gauge period.

This is basically credited to the enormous number of well-to-do buyers in the district, combined with mechanical headways, which thus are driving towards expanded interest for associated gadgets like tablets and cell phones. Considering the rising multiplication of these gadgets in Middle East market, interest for accessories, for example, earphones, power banks and others is supposed to increment altogether over the course of the following five to six years in these locales.

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Vital participants in the Middle East electronics accessories market incorporate Samsung Electronics Co. Ltd., Sony Corporation, Toshiba Corporation, Panasonic Corporation, Clarion Co., Ltd., Pioneer Corporation, LG Electronics Inc., Logitech global S.A., Astrum Holdings Limited and Intex Technologies India Ltd.

An enormous number of players working in the electronics accessories market are centered around going into coordinated efforts and organizations with nearby merchants and retailers to improve their market presence in the Middle East nations. Additionally, such coordinated efforts and organizations likewise empower the organizations to expand their item perceivability across the locales.

Key Segment

By Product Type

  • Mobile Phone Accessories
    • Battery
    • Charger
      • Wired
      • Wireless
  • Headphone and Earbud
    • Wired
    • Wireless
  • Computer Accessories
    • Battery
    • Power Adapter
    • Speakers
    • Others (Keyboard, Mouse and Microphone)
  • Automotive infotainment Accessories
    • Dash Stereos
    • Amplifiers
    • Woofers
    • Wires and Cables
    • Speakers

By End Use

  • Residential
  • Commercial

By Distribution Channel

  • Multi-brand Store
  • Single-brand Store

By Price Range

  • Premium
  • Medium
  • Low

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Metrology Software Market Report | Size, Growth, Demand, Scope, Opportunities and Forecast to 2031

As per the metrology software industry examination by Future Market Insights (FMI), the interest enrolled in the metrology software market will increment at a CAGR of 7.0% from 2021-2031.

The report likewise estimates that the market will outperform a valuation of ~US$ 900 Mn toward the finish of 2021. According to Future Market Insights, a continuous shift toward inline metrology or cycle coordinated estimating instruments and quick mechanical progressions have set out more than adequate open doors for the use of metrology software. These advancements have become fundamental in working on financial seriousness across enterprises, which is impelling market development.

Metrology is the logical investigation of estimations and their progressive organization across different businesses. The interest inside the worldwide market for metrology software has been ascending by virtue of progressions in the field of gadgets and semiconductors.

Metrology has a wide area of activity and has arisen as a significant interaction across a variety of businesses. Consequently, it is normal that the worldwide market for metrology software would grow at a huge rate in the years to come.

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Furthermore, growing acceptance for point cloud capabilities, drive towards precision engineering, and demand for portable Coordinate Measuring Machine (CMM) software are collectively driving adoption of metrology software solutions across the globe.

Additionally, their ability to integrate multiple functions within a single unit, thereby making device compact has further fueled market momentum in different verticals. These factors are projected to contribute towards a single digit compounded annual growth rate during the forecast period.

Key Takeaways: Metrology Software Market

  • By solution, the on-premises metrology software segment is anticipated to account for the leading share in the global demand for metrology software during the forecast period. However, the cloud-based metrology software segment is estimated to grow at a healthy CAGR of more than 6.0% through 2031.
  • The application of metrology software in measurement and alignment segment is anticipated to increase at a CAGR of nearly 7.0% between 2021 & 2031, while quality control and inspection segment is currently dominating the market.
  • The adoption of metrology software by healthcare sector is expected to rise at the maximum pace. As per Future Market Insights, demand in this segment will increase by a CAGR of around 6.5% between 2021 and 2031.
  • North America is expected to lead the market followed by Europe in 2021. South Asia & Pacific is anticipated to emerge as the fastest growing region between 2021 & 2031.
  • The market in Japan is expected to progress at a CAGR of around 6.0% through 2031.
  • In the U.K., sales are expected to increase at a CAGR of close to 7.5% over the next ten years.

Entry Barrier for New Players Might Restrict Growth

The presence of large and strong players in the market such as Hexagon AB, FARO Technologies Inc., and others who enjoy a strong presence in sales and distribution channels, provides a significant challenge to small and new players with limited resources.

New players also find it difficult to provide all solutions bundled in a single metrology software package, which can cater to the breadth and depth of the entire product line of an end-user affecting decision-making while giving contracts.

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Electronic Manufacturing Sector to Witness Significant Growth

Primary factors driving the demand for the metrology software are application of advanced technologies to facilitate electronic manufacturing and consistent development of advanced nanotechnology, smart materials, flexible electronics, and green manufacturing.

Metrology software solutions have become indispensable for electronic manufacturing and quality inspection activities. In the rapidly-growing electronic manufacturing industry, organizations are aiming to design and manufacture new products.

More Valuable Insights on Metrology Software Market

Future Market Insights’ report on the metrology software industry research is segmented into four major sections – solution (metrology software and services), application (measurement  and alignment, quality control and inspection, virtual simulation, reverse engineering, and others), industry (automotive, aerospace and defense, power and energy, consumer electronics, healthcare, manufacturing, and others), and region (North America, Latin America, Europe, East Asia, South Asia & Pacific, and the Middle East & Africa), to help readers understand and evaluate lucrative opportunities in the metrology software demand outlook.

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https://future-market-insig.tribeplatform.com/general/post/world-network-attached-storage-nas-market-share-by-2022-2032-upcoming-O8WsmiSuO8jDsPc

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Malted Milk Market Forecast with Industry Leading Players Update & Key Insights, Forecast by 2028

 Malted milk is a formulation of malted grain flour, whole milk powder and other ingredients which are used as a flavoring and fortification ingredients in food and beverages. It is obtained from powdered malt, grain flour such as wheat and whole milk which is evaporated or vacuum dried to obtain a dry powder. Sometimes malted milk is also blended with cocoa powder to complement its flavor. Malted milk is known to impart a creamy mouthfeel and sweetness to the products and hence in food and snack products, it is used as a coating agent.

Malted milk originates in North America and Western Europe, but demand for malted milk has grown considerably in Asian countries as well. In these countries, health positioning is the major driving force for the growth of the malted milk market.

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Malted milk is a product that has been around in developing nation for a long time, but recently rising disposable income and growing health awareness amongst the upper-class consumers have made room for growth for the malted milk market.

Malted milk market is capitalizing on the global snacking trend

Due to changes in the meal consumption and snacking patterns amongst consumers across the globe, manufacturers are capitalizing on expanding snack portfolios to cater to this demand. Key players in the confection industry are developing bite-sized snacks where malted milk powder is invariantly being incorporated. Meanwhile, prominent players are focusing on expanding their reach in the South East Asian market in terms of production capacities to compete with the key giants. Other manufacturers are also coming up with innovative product lines such as malted milk powder cookies and other bakery products.

As bakery products with high nutritional value are in more demand than ever before, malted milk based bakery products are increasingly appearing on the retail shelves. Manufacturers are focusing on consumer sentiment strategy by offering personalized packaging for malted milk foods that enable the consumers to connect with their past when malted milk was a new and trending product.

This strategy is mainly directed at the baby boomers demo graph, whereas for millennial, the players are focusing on health-positioning of malted milk. However, the malted milk-based drinks which are mostly consumed as nutritional drinks are likely to face a decline over the forecast period. This is due to the fact that consumers nowadays aware of the scientific consensus that supports the health claims of the malted milk, as opposed to the historical scenario where mere marketing did the trick. For the past few years, the false health claims have proven to be particularly fatal for some of the top brands amongst the malted milk-based drinks.

Global Malted Milk market: Key Market Participants

Examples of some of the market participants in the global malted milk market identified across the value chain are Imperial Malts Ltd., Briess Malt & Ingredients, Muntons plc, SSP Pvt Limited, Insta Foods, Family Cereal Sdn. Bhd., Food & Biotech Engineers India Private Limited., Nestlé S.A. and King Arthur Flour Company, Inc.

Malted Milk Market: Key Developments

In 2017, the company Nestlé S.A., which is a manufacturer of confection products, expanded its malted milk product portfolio by introducing a ready-to-drink malted milk beverage in India, through its Indian subsidiary, under its brand Milo. The product is available in cocoa flavor and specially targeted for growing infants.

In the same year, the company also introduced a malted milk powder in a sachet packaging format in Myanmar, under the Bear Brand. The product is aimed at the adults in this country to fight iodine deficiency. Through this move, the company is also focusing on strengthening its footprint in Myanmar.

Opportunities for Malted Milk Market Participants:

There are very few organic offerings in the malted milk market, despite its demand. Also, growing health consciousness for the gluten-free diet has opened new doors of opportunity for the malted milk market wherein malted milk made from whole grains can be developed. Also, the rate of inclusion of ancient grains such as teff, quinoa, sorghum, and millet, is also very low in the malted milk food, but the market for these grains is growing at an exorbitant rate, reflecting the demand for consumers and signaling the call to include them in malted milk food.

The report covers exhaust analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges in the Malted Milk Market
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes:

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

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from malted milk 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 of the malted milk. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Global Malted Milk Market: Segmentation:

The malted milk market is segmented on the basis of source, end use, distribution channel and packaging.

On the basis of source, the malted milk is segmented into

  • Barley
  • Wheat
  • Others

On the basis of end user, the malted milk market is segmented into

  • Retail
  • Food Industry
  • Dairy
  • Bakery
  • Confection
  • Snacks
  • Milkshakes & smoothies
  • Dietary supplements
  • Others

On the basis of distribution channel, the malted milk market is segmented into

  • Direct
  • Indirect
  • Hypermarkets/Supermarkets
  • Discount Stores
  • Convenience Stores
  • Specialty Stores
  • Online Retailers
  • Others

On the basis of packaging, the malted milk market is segmented into

  • Carton packs
  • Jars
  • Tins
  • Others

Report Highlights:

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

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About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 8years.

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