Electronic Lab Notebook (ELN) Market Share, Size, Trends – 2022 to 2029 | FMI

In 2021, the electronic lab notebook (ELN) market is expected to generate US$ 421.0 million. The electronic lab notebook (ELN) market is expected to reach US$ 1,180.3 Mn by 2029, growing at a CAGR of 13.9% between 2022 and 2029.

A new Future Market Insights (FMI) report examines how electronic lab notebook (ELN) programming is gaining traction in the global market. The global ELN programming market is expected to outperform a billion-dollar income by 2029 end, with a two-digit CAGR over the next ten years.

Expanding interest in laboratory data management systems (LIMS), chromatography information management systems (CDS), logical instrumentation, and logical information management systems (SDMS) will open up potential development opportunities for electronic lab notebook (ELN) programming suppliers.

Other key market development powerhouses include the basic requirement for decreasing information audit and process durations, data capture and reuse, avoiding rehashes, and reexamination in the life sciences industry application.

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Key Takeaways – Electronic Lab Notebook (ELN) Software Market Study

  • Increasing outsourcing of manufacturing and R&D activities by pharmaceutical companies from other regions such as North America and Europe are resulting in high demand for ELN for efficient laboratory data management and regulatory compliance.
  • Emerging cloud-based technology provides web and cloud-based solutions for various factors such as cost-effectiveness, real-time analytics, easy access to data, integration with other systems & software, sharing of data internally and externally, scalability and flexibility.
  • Software solution based segment electronic lab notebook (ELN) software market is expected to generate an incremental opportunity of ~US$ 611 Mn during the forecast period.

Product Innovation Key to Enhance Remote Sensing Technology

Key vendors are focusing on adoption of electronic lab notebook (ELN) software for conducting research in the life sciences industry under various domains such as pharmaceuticals, chemicals and others and follow a practice of recording daily activities.

  • For instance, Scilligence Corporation offers electronic lab notebook (ELN) software for training graduate and undergraduate students in industrial standards and processes. It also allows students to run ELN in their own devices (computers, iPad, Android tablet, etc.), without any software installation.
  • For instance, Arxspan LLC. offers ArxLab electronic lab notebook (ELN) software preconfigured for biology application. It consists of a cloud-based architecture and helps to streamline workflows, protect sensitive IP (Intellectual Property), increase productivity and is compliant to standard regulations.

Rapid infrastructure development and growing awareness regarding various technological advancements are major factors contributing to the growth of the MEA electronic lab notebook (ELN) software market. Infrastructure for the life sciences industry has been witnessing significant growth in the recent past, owing to changing government policies, development of health care systems, and increasing population in countries of the region.

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Competitive Landscape

Many key players are inclined at investing heavily in lab automation technology research and development practices to uncover increased applications of electronic lab notebooks. With the use of technology, vendors are also focusing on lowering the cost of electronic lab notebook, and customer satisfaction for captivating an increased customer base.

  • For instance, in November 2019, Thermo Fisher Scientific introduced latest forensic laboratory qualified capillary electrophoresis platform. The platform is designed for both new and experienced users who need a simple instrumentation experience for forensic analysis.

Learn More About Report Inclusions

In this report, the global electronic lab notebook (ELN) software market is tracked in terms of value, and is calibrated to obtain the market revenue estimates. The report is categorically split into six major sections, namely market analysis by solution such as software (laboratory information management system (LIMS) platform and electronic lab notebook (ELN) software) and services (Validation services, consulting services, implementation and integration services, support and maintenance, training)

by license (proprietary ELN, open source ELN), by deployment (cloud and on-premises), by enterprise size (small & medium and large), by pricing model such as subscription model (monthly subscription & annual subscription) and one time license, and industry (healthcare and life sciences, energy, food & beverages, academic & scientific research, petrochemicals, mining and metals, others), across seven major regions.

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Electronic Lab Notebook (ELN) Market Outlook by Category

By Solution:

  • Electronic Lab Notebook (ELN) Software
  • Electronic Lab Notebook (ELN) Services

By Deployment :

  • Cloud
  • On-Premises

By Enterprise Size:

  • Small & Medium Enterprises
  • Large Enterprises

By Industry :

  • Healthcare & Life Sciences
  • Energy
  • Food & Beverages
  • Academic & Scientific Research
  • Petrochemicals
  • Mining & Metals
  • Others

By Region :

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

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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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Get Business Insights on the Quality and Compliance Management Solution Market from 2022 to 2032

The market for quality and compliance management solutions was valued at approximately US$ 23.5 billion in 2021, and is expected to grow at a high CAGR of 9.4% to approximately US$ 44 billion by 2030. By incorporating portability into their solutions, merchants in the global quality and compliance management solutions market are fully utilising mechanical advances in versatile applications and data innovation frameworks.

One of the primary goals of incorporating versatile capabilities into quality and compliance management solutions is to improve end-user experience and business functional productivity.

Another trend gaining traction in the quality and compliance management frameworks market is information examination, with market participants incorporating the compliance advantages of information perceivability in large business risk management.

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In the overall market for quality and compliance management frameworks, key organizations are zeroing in on conveying overhauled solutions. As a result, Future Market Insights expects the overall quality and compliance management frameworks market to increment fundamentally in income.

The worldwide market for quality and compliance management solutions is projected to arrive at a valuation in overabundance of US$ 38 Bn toward the finish of 2028, up from an expected US$ 14 Bn by the end of 2022. A development pace of 8.6% during the period 2022 – 2028 is the consequence of developing reception of cloud-based quality management solutions.

The market is likewise seeing expanding demand inferable from cutting edge elements, for example, a solid framework structure and constant information following.

Opportunity Analysis of the Global Quality and Compliance Management Solutions Market Reveals a Strategic Shift from Manual Systems to Integrated Solutions

Global enterprises are fast moving from manual systems towards integrated solutions that come with the capability to comprehensively manage all data and quality-related processes. Fully configurable quality management solutions are securely integrated with enterprise legacy systems and facilitate product quality enhancement right from concept through obsolescence within a closed loop corrective action environment.

These solutions provide increased visibility into quality and compliance activities with enhanced connectivity to build collaboration between multiple functions. This is creating lucrative growth opportunities for providers in the global quality and compliance management solutions market.

COVID-19 Impact on Quality and Compliance Management Solution Market

The COVID-19 pandemic has had an impact on businesses across the globe.

COVID-19 had a considerable impact on the technology sector since its beginning. The technology industry was harmed by disruptions in the electronic supply-value chain and raw material supply.

Cloud computing platforms and build-your-own-devices are becoming increasingly popular as ways to support remote working. The acceptance of remote working, on the other hand, has had a favorable impact on the sector.

A good outlook is projected as a result of the rapid focus on integrating digital techniques and big data analytics in the IT services and technology industries. Market participants are employing innovative methods to address the problems that quality and compliance management solutions are anticipated to face.

Quality and Compliance Management Solution Market Competitive Landscape

Key quality and compliance management solution providers are focused on providing enhanced solutions in the global market.

By eliminating the need to track business critical processes from a host of different systems, the latest quality and compliance management solutions enable businesses to increase operational efficiency and reduce compliance costs. This has led to a surge in demand for quality and compliance management solutions across multiple industries.

For instance,

  • In December 2019, NTT Group launched a compliance management system based on robotic process automation (RPA). Internal-HR data analysis and compliance on-premise and cloud-based solutions are available with this solution.

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Key Segments Covered in QMS Industry Research

QMS Market by Module:

  • Document and Product Management
  • Quality Management
  • Change Management
  • Audit Management
  • Governance and Compliance Management
  • Supplier Management

QMS Market by Component:

  • QMS Software
  • QMS Services
    • Consulting Services
    • Managed Services

QMS Market by Company Size:

  • Large Enterprises
  • Small and Medium Enterprises

QMS Market by Implementation Model:

  • On-premise QMS
  • Cloud QMS

QMS Market by Industry:

  • QMS for Aerospace & Defense
  • QMS for Automotive
  • QMS for Consumer Goods and Retail
  • QMS for Healthcare
    • Pharmaceuticals
    • Biopharmaceuticals
    • Diagnostic Lab
    • Blood & Tissue Banks
    • Clinical Research Organizations
    • Hospitals & Clinics
  • QMS for ITES & Telecom
  • Others

QMS Market by Region:

  • North America Quality and Compliance Management Solution Market
  • Latin America Quality and Compliance Management Solution Market
  • Europe Quality and Compliance Management Solution Market
  • East Asia Quality and Compliance Management Solution Market
  • South Asia & Pacific Quality and Compliance Management Solution Market
  • Middle East & Africa (MEA) Quality and Compliance Management Solution Market

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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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Distributed Fibre Optic Sensor Market to Display Impressive Growth of 8.3% CAGR with Rising Demand by 2032

According to Future Market Insights (FMI), the global distributed fibre optic sensor market is expected to grow at an 8.3% CAGR from 2022 to 2032. According to the report, the distributed fibre optic sensor market will be worth US$ 1,291.9 Mn by the end of 2022. The advantages of multimode fibre systems include their low cost when operating with high optical power over short distances and their ability to sense using a wide range of fibre propagation modes.

The use of distributed fibre optic sensors in structural health monitoring has steadily increased in the infrastructure sector. The main goal driving demand for distributed sensors in the civil sector is to gain a better understanding of the structural state and manage the infrastructure in an economically efficient manner. Pipelines, bridges, geotechnical structures, and dams are some of the key areas where structural health monitoring is becoming more prevalent in the civil engineering sector.

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The main benefit of next-generation sensors is their capacity to simultaneously monitor strain, temperature, or pressure at various sites. The deployment capacity of distributed fiber optic sensors in any demanding environment and their ability to track structural failures in real-time are some of the important factors contributing to the rising utilization of distributed sensing across the globe.

Key Takeaways: Distributed Fiber Optic Sensor Market

  • By sensor type, the distributed temperature sensors segment is set to account for 1% of share in the global distributed fiber optic sensor market during the forecast period.
  • By application, the power monitoring segment accounted for 4% of share in the distributed fiber optic sensor market.
  • By industry, the adoption of distributed fiber optic sensors in civil infrastructures is set to account for about 2% of share in 2022.
  • In the Europe distributed fiber optic sensor market, Germany accounted for 7% of share in 2021.
  • The U.S. distributed fiber optic sensor market held about 7% of the North America market share in 2021.

“Emergence of Rayleigh’s effect-based sensing and Raman effect-based sensing that have unique operational properties is anticipated to create new growth opportunities for distributed fiber optic sensor manufacturers. Besides, increasing use of distributed sensors in applications such as pipeline monitoring, structural health monitoring, border monitoring, and control is likely to aid growth,” says a FMI analyst.

Increasing Demand for Data-driven Decision-making across the Globe  

Data is gathered through distributed fiber optic sensors along the optical fiber’s length. Due to the enormous volume of data it generates, numerous analytical methods are utilized to assess the data that has been gathered. Data-driven decision-making and strategies are becoming more and more popular on a global scale.

These are accomplished by extracting a pattern from the data that the managers can measure, deciphering the insights, and using that information to improve the overall performance and decision-making. Distributed fiber optic sensors use light scattering to gather information on changes in temperature, strain, vibration, or pressure at any location along the fiber’s length.

More Valuable Insights on Distributed Fiber Optic Sensor Market

FMI’s report on the distributed fiber optic sensor industry research is segmented into four major sections – by sensor type (distributed temperature sensors, distributed acoustic sensors, distributed pressure sensors, distributed strain sensors, and others), application (condition monitoring, intrusion detection, power monitoring, leak detection, and others), industry (oil & gas, civil infrastructures, industrial, power & utilities, military & border security, transportation, and others), and region (North America, Latin America, Europe, East Asia, South Asia & Pacific, and Middle East & Africa), to help readers understand and evaluate lucrative opportunities in the distributed fiber optic sensor demand outlook.

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Distributed Fiber Optic Sensor Outlook By Category

By Sensor Type:

  • Distributed Temperature Sensors
  • Distributed Acoustic Sensors
  • Distributed Pressure Sensors
  • Distributed Strain Sensors
  • Others

By Application:

  • Condition Monitoring
  • Intrusion Detection
  • Power Monitoring
  • Leak Detection
  • Others

By Industry:

  • Oil & Gas
  • Civil Infrastructures
  • Industrial
  • Power & Utilities
  • Military & Border Security
  • Transportation
  • Others

By Region:

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

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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.

Contact:

Future Market Insights Inc.   
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200 Continental Drive, 
Suite 401, Newark, 
Delaware – 19713, USA   
T: +1-845-579-5705
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Meal Kit Delivery Services Market Share is Likely to Be US$ 59.2 Mn By 2032 | Future Market Insight, Inc.

The meal kit delivery services market size is poised to reach a valuation of US$ 14.63 Bn in 2022. Sales are projected to increase at a 15% CAGR, with the market size reaching US$ 59.2 Mn by 2032.

Key players operating in the meal kit delivery services market are opting for a multi-brand expansion strategy. They are focused on expanding their market penetration in different regions by adopting an aggressive expansion strategy.

HelloFresh Group for instance, recently in April 2022, announced its first market entry in Asia, a step in line of its international expansion goal. Besides this, HelloFresh Group is also further focused on expanding its international penetration through rapid acquisitions.

HelloFresh acquired Green Chef Company in the year 2018, Ready-to-Eat Meal Company Factor75, Inc. in 2020, Youfoodz in 2021, and others. All of such efforts on the part of well-established players is likely to further scale up market growth in the coming years.

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Consumer spending on meal kits and grocery boxes has rapidly increased especially in the U.K. Furthermore, the rapidly growing demand for meal delivery kits from urban areas as well as rural areas is likely to escalate the sales of meal delivery kits in the coming years.

Key Takeaways from the Meal Kit Delivery Services Market Study

  • By offering type, heat and eat segment is expected to witness highest growth over the forecast period (2022-2032)
  • In terms of meal type, vegan segment will gain traction through 2022 & beyond
  • By sales channel, online segment is expected to witness robust growth between 2022 and 2032
  • Australia is expected to dominate the Oceania meal kit delivery services market on the back of growing trend of veganism
  • India is expected to witness fastest growth in South Asia meal kit delivery services market backed by the presence of leading food delivery chains

 “Increasing health consciousness has further encouraged the players operating in the meal kit delivery services market to expand their meal offerings to include vegan and plant-based meals in their offerings. This is anticipated to boost the market over the forthcoming decade”, says an FMI analyst.

Who is winning?

Key players are undertaking extensive efforts to promote their meal kit delivery services. Market players are focused on undertaking promotional strategies to voice out their service penetration in different markets.

Some of the major players present in the meal kit delivery services market are Blue Apron LLC, Freshly Inc., Hello Fresh Group, Sun Basket, Relish Labs LLC, Gobble, Marle Spoon Inc., Purple Carrot, Hungryroot and among others.

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Meal Kit Delivery Services Market by Category

By Offering Type:

  • Heat & Eat
  • Cook & Eat

By Channel:

  • Online
  • Offline

By Meal Type:

  • Vegetarian
  • Vegan
  • Non-vegetarian

By Type:

  • Economic Meal Kit
  • Premium Meal Kit

By Region:

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

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

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Service Lifecycle Management Application Market : Overview, Data Updates, Reports Analysis & Forecast to 2030 | FMI

The market for service lifecycle management applications is creating value through the use of third platform technologies, which are driving innovation and real-time connectivity between different service lifecycle management application solutions. The introduction of cloud technology has increased access to service component visibility. Furthermore, mobile technology has enabled technicians on the field to communicate information derived from Big Data analytics at the right time for accurate problem solving.

All of these factors have added a precision-driven aspect to services, raising the value proposition and overall profit margins.

According to Future Market Insights, the global service lifecycle management application market will grow at a CAGR of 6.9% from 2020 to 2030.

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Key Takeaways of Service Lifecycle Management Application Market Study

  • The use of service lifecycle management applications is growing, especially in sectors that manufacture with metal, such as aerospace and defence and automotive and transportation.
  • The use of service lifecycle management applications will increase by 1.7x of current market value by the end of 2030 in the medical equipment sector as COVID-19 leads to a significant volume of new n
  • The Asia Pacific service lifecycle management application market is anticipated to grow at a CAGR of around 8% from 2020 to 2030.

Big Data Analytics Driving Real Time Communication and Analysis in SLM Applications 

Because it collects asset information and enables better service quality, data analytics transforms service management operations and increases the percentage of first-time repairs (FTF rate). Apps for SLM let businesses assess how well their services are doing in relation to their plans. As a result, the SLM programme aids businesses in finding and resolving service problems more quickly.

Through connected devices, descriptive and predictive analytics will enable real-time communication between dealerships, manufacturers, and customers. This will enable manufacturers to receive notifications about the status of their products and early warnings to make more proactive decisions that will improve service and customer retention. Analytics will also focus on fusing service lifecycle management software with data on customer satisfaction.

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Key Segment

By Service Based Model

  • Field Based Model
  • Depot Based Model
  • Dealer Based Model
  • Performance Based Model

By Region

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

By Solutions

  • Field Based Model
  • Depot Based Model
  • Dealer Based Model
  • Performance Based Model

By End-use Industry

  • Automotive & Transportation
  • Aerospace & Defense
  • Medical Equipment
  • High Technology
  • Telecommunications
  •  Industrial Machinery & Equipment

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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.

Contact:

Future Market Insights Inc.   
Christiana Corporate,
200 Continental Drive, 
Suite 401, Newark, 
Delaware – 19713, USA   
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
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Wet Vacuum Cleaner Market Grows at a Rate of 5% CAGR Through 2032

The wet vacuum cleaner market size is likely to register a CAGR of 5.0% during the forecast period, and is anticipated to reach a market share of US$ 2.51 Bn in 2032 from US$ 1.54 Bn in 2020, owing to the technology advancements, enhanced functionality, and availability in compact sizes.

The use of modern technology has eased the usability of the tool and thus is scaling up the sales of the wet vacuum cleaner, especially in the commercial areas.

Evolving end-user demand and raising concern for hygiene in both residential and commercial sectors, along with the introduction of DIY applications and the need to maintain cleanliness especially in commercial sectors are some of the major factors driving the drenched hoover sales.

Sales of wet vacuum cleaner go through a repeating win-fail because of its use majorly for exquisite jobs in commercial spaces, which has remained a longstanding challenge for manufacturers. Nevertheless, with the advancement in technology, providing advanced functions, and availability in compact sizes, the wet vacuum cleaner sales are expected to rise.

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Further, the expansion in the number of business spaces combined with the rise in the number of distribution channels that include online platforms, hypermarket, specialty stores, and other are prone to contribute in the driving demand for wet vacuum cleaner sales.

E-commerce Segment Likely to Augment Wet Vacuum Cleaner Sales

One of the fastest periods for the development of sales for wet vacuum cleaner is enabled with the presence of various suppliers on e-commerce platforms. This opens gates for customers by providing easy accessibility, various offers & discounts on electronic gadgets, which boost the sale reception of wet vacuum cleaner.

In addition, such platforms allow the customer to compare various brands and models based on their functionality, service, and price range. Moreover, the availability of getting the product delivered at home along with an additional warranty is propelling the growth of the wet vacuum cleaner in the forecast period.

Further, to improve the movement of wet vacuum cleaner and be available in compact dimensions and low weight, the manufacturers are investing in R&D facilities. Manufacturers also focus on developing hoovers that use HEPA filters, which are easily available in the aftermarket. Additionally, the wet vacuum cleaner are fitted with the latest technology like Bluetooth and remote control access to ease the work and grow the volume of sales shortly.

How had COVID-19 Impacted the Wet Vacuum Cleaner Market?

The drenched hoover sales were severely impacted along with the many other industries due to the lockdown forced in every country. Close down of unimportant industries, lack in demand from customers, further delay in the production of goods due to lack of employees, and so on in order to control the spread of the deadly virus and thus, led to loss and decline of business.

However, with the unwinding of lockdown and with restricted regulation, the regional governments have allowed the opening and working of industries to regain from the economic crisis. In addition, with the establishment of different new companies in the referenced business, in order to acquire traction during the forecast period and also focus and supply with advanced products and better customer experience, is relied upon to help grow the volume of sales of wet vacuum cleaner.

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US and Canada Wet Vacuum Cleaner Market Outlook

US is one of the largest regions for wet vacuum cleaner globally. The US wet vacuum cleaner sales are set to spread on the historic pattern of bust and boom during the assessment period 2021-2031. Demand is likely to rise with the introduction of robotic hoovers backed up with advanced technologies and R&D activities.

The key players in the region are focusing on manufacturing compact and modern hoovers, which are AI-controlled. This led to the gain of attention of investors from all around the world, which provides huge support for the development. The manufacturers focus on providing robust machines, which can clean all areas and prove to be a reliable tool. In addition, with the introduction of cordless hoovers, the segment has changed drastically and boosted the sales of wet vacuum cleaner.

Europe Demand Outlook for Wet Vacuum Cleaner

Europe has one of the largest hubs for R&D facilities. Since, the unwinding of lockdown and owing to high flexibility and viable nature, which eases the corner cleaning of spaces, has created opportunities for the sales of wet vacuum cleaner to grow. In addition, considering the emphasis on health and hygiene, the use of hoovers is likely to increase.

Europe indoor spaces hoovers demand is likely to grow with the observing developments in the current products. Further, with the availability of newly innovated hoovers with many additional facilities and additionally available parts for the same, which are replaceable with time. Moreover, the use of modern technology that plays an important role in neglecting the concern regarding energy consumption is going to return a high volume of sales of wet vacuum cleaner.

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Wet Vacuum Cleaner Market 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

Key Segments

By Application:

  • Household Commercial
  • Professional Craftsmen (DIY)
  • Woodworking
  • Car Service
  • Individual
  • Garage/Service
  • Stations
  • Construction Site
  • Commercial Establishment

By Technology:

  • Automatic
  • Semi-Automatic

By Type:

  • Portable
  • Stationary

By Region:

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

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

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Automotive Electronics Market will Register a CAGR of 7.30% by 2032 | FMI

Demand for automotive electronics is expected to reach US$ 300,332.43 million in 2022 and is projected to increase at a CAGR of 7.30% to reach US$ 607,574.4 million by 2032. The stricter safety regulations, which are encouraging innovation and development of sensor technologies and signal processing algorithms, are credited with growth.

Automotive electronics comprises of electrically operated systems deployed in vehicles. Electronic fuel injection, airbag, advanced driver assistance and infotainment are some of the areas where automotive electronic systems is primarily used in order to increase the overall efficiency of the combined system. As electric and hybrid vehicles are gaining traction in the market, these systems are likely to become key focus area of electronic system providers.

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Technological advancements such as electrical active suspensions and power trains for electric vehicles in automotive industry are likely to increase the application areas for power electronic system in automotive sector.

Moreover, government safety programs such as New Car Assessment Programs (NCAP) throughout the world are primarily targeting to increase the overall road safety by pushing towards the development and evolution of technologies in order to reduce the impact and likelihood of accidents for example improvement in airbag and stability of control systems.

As per estimation, around 40% of on-board components throughout a car are electronic based and this percentage is most likely to increase with improvement in the current regulations governing automotive industry.

Automotive Electronics Market: Drivers and Challenges

Increasing safety concerns leading to advanced safety systems is primarily expected to drive the global automotive electronics market. Moreover, powertrains, wheels, parking assistance, and electrical suspensions are the major application areas most likely to spur the growth of the global automotive electronics market.

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Also, increasing environmental sustainability plus rising demand of cutting edge infotainment systems will increase the demand for complex electronics systems thereby driving the global automotive electronics market. Protection of complex electronic systems from damaging electrical hazards and stringent government regulation regarding vehicle safety are some of the major challenges facing designers in the automotive electronics industry.

Automotive Electronics Market: Overview

By region the automotive electronics market is segmented into North America, Latin America, Asia Pacific, Europe and Middle East & Africa. The global automotive electronics market is expected to grow with significant rate over the forecast period. Developed economies such as U.S. and U.K. is anticipated to play major role in first half of forecast period while during the second half of the forecast period emerging economies such as India, China and Brazil is forecast to surge the demand for automotive electronics

Automotive Electronics Market: Key Players

Some of the major players identified across the global automotive electronics market includes OMRON Corporation, Robert Bosch GmbH, Infineon Technologies AG, HGM Automotive Electronics, Hitachi, Ltd., Delta Electronics, Inc., Atotech Deutschland GmbH and ZF TRW.

Major players in automotive electronics systems are partnering with OEM’s. Key players across the value chain are focusing primarily towards miniaturization, lightweight materials, electrification and intelligence, thus considering automotive electronics as a key factor of competing through differentiation.

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Automotive Electronics Market: Segmentation

Based on application the global automotive electronics market can be segmented into:

  • Advanced Driver Assistance Systems (ADAS)
  • Body Electronics
  • Entertainment
  • Powertrain
  • Safety Systems

The global automotive electronics market can be segment by vehicle type:

  • Light Commercial Vehicles
  • Passenger Vehicles
  • Heavy Commercial Vehicles

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

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.

Contact:

Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
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Medical Packaging Market Size, Share, Growth Trends, and Forecast Analysis to 2032

A recent study by ESOMAR-certified consulting firm Future
Market Insights projects a positive outlook for the Medical
Packaging market
 over the forecast period. The report gives a detailed
outlook about the ongoing changes and advancement that are expected to augment growth
in the Medical Packaging market. With a unique approach and extensive data
analysis, FMI presents a detailed perspective on the market, key growth
drivers, threats and challenges that market players are likely to face during
the forecast period.

According to the study, the Medical Packaging market is
expected Technological advancements in the packaging industry across various
verticals will enable growth in the market. Increasing investment in research
and development activities and adoption of information technology within the
industry, will create growth opportunities. FMI’s latest report gives
significant details about the current and upcoming market scenario for an
optimized assessment of the market.

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COVID-19
Impact Analysis on Medical Packaging Market

Following the outbreak of COVID-19, the packaging industry is
expected to witness a moderate growth after a steep fall. Soaring development
in various sectors of packaging including the increased R&D activities from
the prominent players has led the Medical Packaging market in the positive
direction. Manufacturers are more focused on the sustainability as a key
strategy to maintain their position in the industry during the time of crisis.

FMI provides an extensive information on growth strategies that
will aid the players to tackle the impact of pandemic on the global Medical
Packaging market. This detailed chapter will give the market players
information on the market scenario following the outbreak of COVID-19 and its
impact on the industry across major regions. With various info graphics and
detailed data sets, the market players are provided with market intelligence
solutions which are accurate, transparent and reliable for the upcoming decade.

Important
Questions Answered in the Medical Packaging Market Report

  • Which are the top companies operating in the Medical
    Packaging market?
  • What will be the future outlook of the Medical
    Packaging market in the upcoming decade?
  • What are the key growth drivers and restraints likely
    to affect the Medical Packaging market in the future?
  • Which region is expected to be the most lucrative
    region for the Medical Packaging market?
  • What are the ongoing trends likely to augment the
    growth of the global Medical Packaging market?

Why Choose
Future Market Insights

  • Serving domestic and international clients 24/7
  • Strives to deliver optimized and accurate results
  • Data collected from reliable primary and secondary
    sources
  • Highly trained and experienced team of research
    analysts
  • Deliver market reports with precision and diligence

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Report:  
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Medical
Packaging Market: Segmentation

In-depth analysis on FMI’s Medical Packaging market report
has been further classified into key segments and sub-segments.

On the basis of packaging type, the
global medical packaging market is segmented into

  • Bags & Pouches
  • Flow Wraps
  • Stick Packs
  • Trays
  • Clamshell Blister Packs
  • Boxes
  • Cartons

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On the basis of material type, the
global medical packaging market is segmented into

  • PE
  • HDPE
  • LDPE
  • LLDPE
  • PET
  • BOPET
  • Metallized PET
  • PP
  • PS
  • PVC
  • Aluminium
  • Glass
  • Paper Laminates
  • Fabric
  • Others (PLA, PHA etc.)

On the basis of end use, the global
medical packaging market is segmented into

  • Pharmaceuticals
  • Medical Devices
  • Hospitals

Medical
Packaging Market: Competitive Analysis

The latest report on the Medical Packaging market by FMI
gives an unbiased analysis on the top 10 leading companies operating in the Medical
Packaging market. It provides a detailed segmentation on the market players’
product launches, strategic mergers and acquisition and revenue prospects that
will aid the players to gain a competitive edge in the industry.

Key players profiled by FMI in Medical Packaging market
includes:

  • Bemis Company, Inc.,
  • Amcor Limited,
  • Gerresheimer AG,
  • Schott AG,
  • West Rock Company,
  • Becton Dickinson and Company,
  • Alpha Packaging,
  • Winpak Ltd,
  • Wipak Ltd.,
  • Mondi Group, and
  • I. du Pont de Nemours and Company.

Significant
Contributions to the Report

  • Key Trends and Opportunities: Comprehensive analysis on
    the industries ongoing trends and opportunities for market players in different
    regions across the globe
  • Recent Challenges and Forecasts: Detailed assessment
    on the challenges, technological advancements, and forecast for upcoming decade.
  • Segmental Analysis: Extensive research 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

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.

Contact:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

Website: https://www.futuremarketinsights.com

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Logistics Packaging Market Brief Forecast and Analysis by Top Key Players to 2032

According to Future Market Insights, the global logistics packaging market size is assessed to be esteemed at US$ 25,643.3 Mn in 2022, and is expected to outperform US$ 40,205.9 Mn by 2032, with a CAGR of 4.5% during the figure time frame (2022-2032).

The worldwide logistics area keeps on creating at a great rate. Thus, the packaging business is going through huge changes with indicated center around presenting creative packaging instruments/items to different industry verticals. Logistics packaging is principally finished to improve item wellbeing, keep up with item quality, broadened item capacity, and take special care of different angles engaged with item producing.

Logistics packaging producers essentially utilize metal, plastic, wood pellets, fiber, and paper while assembling different kinds of packaging for modern applications. Logistics packaging includes excellent principles to satisfy the need of various markets on a worldwide level.

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Logistics Packaging Market: Drivers & Restraints

The central point driving the development logistics packaging market are expanding product and import across the globe, expanding industrialization, headway in the packaging business, and venture commencements by government across all industry for the development of the separate country.

Besides, logistics packaging market is developing at the quicker pace because of advantage from new advancements and improvements inside the business. With numerous economies recovering, agricultural nations arising as far as innovation and extension, modern areas creating at the quicker pace across the globe, and the web based business market accomplishing development in the logistics packaging market and is supposed to develop at critical CAGR before long.

Besides, rising interest in the synthetics market, expanded improvement work and framework and furthermore rising utilization of logistics packaging items in the drug and shopper’s merchandise industry will stay a driving interest for logistics packaging market items in estimate years.

As logistics packaging assume a crucial part in the stockpile request fasten because of the explanation that it safeguards merchandise from contaminated during the time of capacity and transportation. On the opposite side, there are not many synthetic item fragments and ecological worries over logistics packaging as well as challenge face because of transport are the significant impediment to the development of by and large logistics packaging market.

Logistics Packaging Market: Regional Outlook

As to, logistics packaging market has been classified into seven key areas including North America, Western Europe, Eastern Europe, APEJ, Japan, Latin America, and the Middle East and Africa. The logistics packaging market is expected to enroll sound CAGR during the assessed period. Asia-Pacific addresses the relatively high market share and develops with similarly critical CAGR in the gauge period.

North America market is becoming quickly because of the fast expansion in the creation limit of logistics packaging expanding pace of commodity and import universally, locally and territorially across the globe. Advancement of store network the board and transportation industry is, thusly, improving the development of logistics packaging area in wording using time effectively and deliverable organizations across the globe toward any path.

Key elements driving the development of logistics packaging market in the locale remember changing packaging example and headway for adaptable and unbending packaging, expanding request logistics packaging in all industry verticals, particularly food and drinks, assembling, and purchaser’s products. The logistics packaging market is projected to enroll sound development because of the new turns of events and inception of new ventures across all industry, quick industrialization, and government commencements to improve and elevate industry verticals across the district.

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Logistics packaging market for Asia Pacific is likewise liable to enroll a fast development during the evaluations time frame essentially credited to the development of packaging industry, particularly in China and India. Additionally, Growth in food and refreshments and online business ventures are the critical drivers of with expanding number online business stands, the developing interest for packaging is quickly expanding, and thusly, support the general development of logistics packaging market.

Logistics Packaging Market: Key Players

Some of the key players identified in the logistics packaging market are:-

  • Braid Logistics
  • Trans Ocean Bulk Logistics
  • BLT Flexitank Industrials Co. Ltd.
  • BAG Corp.
  • Jumbo Bag Corporation
  • Boxon USA
  • Others

Why Future Market Insights?

  •   Comprehensive analysis on evolving purchase pattern across different geographies
  •   Detailed insights of market segments and sub-segments for historical as well as forecast period
  •   A competitive analysis of prominent players and emerging players in the keyword market
  •   Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years

Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

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Recent Developments in Logistics Packaging Market

  • A renowned provider of contract logistics services with extensive knowledge in the packaging, food & beverage, and automotive industries, Buske Logistics was announced for acquisition by Fourshore Partners in March 2022.
  • Cardinal Health and Ember Technologies unveiled a digital shipping box in March 2022 that they hope would save waste in the pharmaceutical supply chain while protecting temperature-sensitive biologics for 2 to 8°C for 48 to 72 hours.
  • Supply chain transparency company Sourceful announced in March 2022 that it would raise USD 20 million in a Series A round of funding.

Table of Content

1. Executive Summary

    1.1. Global Market Outlook

    1.2. Demand-side Trends

    1.3. Supply-side Trends

    1.4. Technology Roadmap Analysis

    1.5. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Market Background

    3.1. Market Dynamics

        3.1.1. Drivers

        3.1.2. Restraints

        3.1.3. Opportunity

        3.1.4. Trends

    3.2. Scenario Forecast

        3.2.1. Demand in Optimistic Scenario

        3.2.2. Demand in Likely Scenario

        3.2.3. Demand in Conservative Scenario

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.

Contact:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

Website: https://www.futuremarketinsights.com

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Plastic Cutlery Market Expectations and Growth Trends Highlighted Until 2032

The plastic cutlery market is projected to enlist a CAGR of 4% during the conjecture time frame, up from US$ 1.6 Bn in 2021 to arrive at a valuation of US$ 2.47 Bn by 2032.

Future Market Insights (FMI), in a forthcoming market research study, brings to front both large scale and microeconomic variables that will shape the development bend of the worldwide Plastic Cutlery market. The report offers nitty gritty bits of knowledge on the Plastic Cutlery market through a broad investigation of key development drivers, most recent patterns, possible difficulties, and income development possibilities in view of authentic information.

FMI, in its forthcoming business report, expounds the authentic and current situation of the worldwide Plastic Cutlery market regarding creation, utilization, volume, and worth. The report investigates the market into different fragments, districts and players based on request example and development possibilities.

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Crucial information and forecast statistics covered in the Plastic Cutlery market report will arm both existing and emerging market players with necessary insights to craft long-term strategies as well as maintain business continuity during a crisis such as the ongoing COVID-19 pandemic.

COVID-19 Impact Analysis on Plastic Cutlery Market

The recent outbreak of the COVID-19 has adversely affected various markets in the packaging industry, and the Plastic Cutlery market is no exception. Products which are deemed ‘essential’ continue to experience significant sales, while non-essential items faced a sharp decline in demand.

Following government’s measures, particularly social distancing norms and stay-at-home orders, companies operating in the Plastic Cutlery market have put their production on a halt. Additionally, movement restrictions and supply chain disruptions have created a logistical nightmare for market players, leading to severe product shortages in the global marketplace. Several market players are further planning to relocate their supply chain from China – the first epicenter of the COVID-19.

The FMI’s report includes an interesting chapter on preliminary impact of the COVID-19 on the Plastic Cutlery market. This allows both leading and emerging market players to understand the market scenario during a crisis and aids them in making sound decisions 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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Plastic Cutlery Market: Competition Analysis

The FMI’s study presents a comprehensive analysis of global, regional, and country-level players active in the Plastic Cutlery market. Competitive information detailed in the Plastic Cutlery market report has been based on innovative product launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation of each market player. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the Plastic Cutlery market report.

Key players covered in the report include:

  • Solia
  • Dart Container Corporation,
  • Eco-Products, Inc.
  • Fuling Global Inc.
  • Biopac India Corporation Ltd.
  • DOpla
  • TrueChoicePack Corporation
  • Lollicup USA Inc.
  • Huhtamaki Oyj
  • Genpak LLC

Important Questions Answered in the Plastic Cutlery Market Report

  • Which end user remains the top revenue contributor in different regional markets?
  • At what rate has the global Plastic Cutlery market been expanding during the forecast period?
  • How will the global Plastic Cutlery market look like by the end of the forecast period?
  • What innovative strategies are adopted by Plastic Cutlery market players to stay ahead of the pack?
  • What are the restraints affecting the growth of the global Plastic Cutlery 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 Plastic Cutlery market

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Plastic Cutlery Market: Segmentation

Valuable information covered in the FMI’s Plastic Cutlery market report has been segregated into key segments and sub-segments.

By Product Type:

  • Spoon
  • Fork
  • Knife
  • Straw
  • Others

By Sales Channel:

  • Retailers
  • Manufacturers
  • Distributors
  • E-retail

By End User:

  • Household
  • Food service outlets
  • Institutional food service

By Region:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
  • East Asia (China, Japan, South Korea)
  • South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
  • Oceania (Australia, New Zealand)
  • Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)

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.

Contact:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

Website: https://www.futuremarketinsights.com

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