Case Management Software (CMS) Market size to US$ 16.4 Bn by 2032

In 2022, the market for case management software (CMS) is anticipated to be worth US$ 6.7 Bn. By 2032, the market is expected to reach US$ 16.4 Bn thanks to a strong 9.2% CAGR in demand growth.

As per FMI, rapid technological advancements, and introduction of Big Data, artificial intelligence (AI), cloud computing, machine learning (ML) and automation are driving sales of CMS. These technologies have become essential in improving economic competitiveness, thereby propelling the growth in the market.

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Healthcare, insurance, law, banking, and social services are the main sectors using case management solution to handle business processes easily. Due to advancements in software, hardware and communication technology, the case management technology is transforming the market gradually. With the help of CMS, industries such as BFSI and healthcare can reduce the expenditure and the time required in managing documents.

Healthcare service providers go through a lot paperwork, scheduling, billing and other unplanned activities to deliver quality services to patients. Over years, the healthcare industry has been leveraging technology to address these issues. Technology in healthcare has improved many functions such as maintaining, registering patient information, and tracking diagnosis.

Key Takeaways: 

  • By deployment mode, on-premises segment is anticipated to account for 52.5% of the global case management software market by 2032.
  • Based on business function, total sales in the service request segment will hold 32.6% of the total market share over the forecast period.
  • In terms of enterprise size, the small & mid-sized enterprises segment will expand at a 11% CAGR through 2032.
  • By industry, the adoption of case management software in the healthcare sector will grow by 2.6x over the forecast period.
  • Sales in the China CMS market will increase at a 7.1% CAGR over the assessment period.
  • The U.K. will dominate the Europe case management software market, with demand growth at a 7.9% CAGR through 2032.

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Competition Landscape 

IBM, Athena Software, Needles, KANA, Social Solutions, Themis Solutions (Clio), AbacusLaw, MyCase, Smokeball, SmartAdvocate, Jarvis Legal, Anaqua, LegalEdge, HoudiniEsq, CosmoLex, Rocket Matter, Actionstep, Firm Central, Prevail, and CoCounselor are some of the leading players operating in the global case management software market.

As per FMI, top 5 players in the market are projected to account for approximately 30% of the total market share over the forecast period.

More Valuable Insights on Case Management Software Market

FMI’s report on the case management software industry research is segmented into five major sections – by business function (service request, fraud detection and anti-money laundering, incident management, investigation management, legal workflow management), deployment mode (cloud based CMS, on-premises CMS), enterprise size (small & mid-sized enterprises, large enterprises), industry (IT & Telecom, retail, government, healthcare, BFSI, manufacturing, others), and region (North America, Latin America, Europe, East Asia, South Asia & Pacific, Middle East & Africa), to help readers understand and evaluate lucrative opportunities in the case management software demand outlook.

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Case Management Software Outlook By Category

By Deployment Mode:

  • On-premise CMS Software
  • Cloud-based CMS Software

By Business Function:

  • Service Request
  • Fraud Detection and Anti-Money Laundering
  • Incident Management
  • Investigation Management
  • Legal Workflow Management

By Enterprise Size:

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

By Industry:

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

By Region:

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

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Mobile Payment Data Protection Market to develop at a CAGR of 12.3% from 2022 to 2032

From 2022 to 2032, the market for mobile payment data protection is anticipated to grow at a CAGR of 12.3%. In 2022, the market for mobile payment data protection was estimated to be worth US$ 603.9 billion.

The day-by-day expansion of digital payments and rising fraudulent activities in these processes are pushing the sales of mobile payment data protection software, safeguarding the mobile data like pictures, videos and admin details like account information and texts.

Malicious activities like cyber-attacks related to e-commerce payments push payment vendors as well as smartphone manufacturers to adopt mobile payment data protection technology that secures the payment gateways. This pushes the demand for mobile payment data protection platforms.

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The government introduced guidelines such as PCI DSS guidelines, and its compliance with each mobile payment platform is pushing companies to adopt mobile payment data protection systems to enable the security prospect for each transaction.

Covid-19 pandemic has pushed the companies to shift from regular payments options to the quick online money transfer options, the growing threat to company’s data and accounts go along. The mobile payment data protection platform comes into play here and helps them to have control over each payment touchpoint.

JP Morgan states that nearly 75% of the organizations have faced a payment fraud attack, rising concerns over the company’s data, recruitment data and compliance, and expanding the mobile payment data protection market in new market spaces.

Vendors providing end-to-end encryption and payment protection along with CyberSource for e-commerce platforms, making multiple transactions closed chain, enhancing the device-based security in changing dynamics of payments.

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KEY TAKEAWAYS:

The payment security solution segment is the biggest segment in the mobile payment data protection market by offering and is likely to hold the most lucrative space in the forecast period, owing to the increased payment applications and cyberattacks.

The Digital wallet segment holds the prominence in mobile payment data protection market by payment mode category and is expected to be the biggest in the forecast period. Its growth is attributed to the factors like QR based transactions and wallets being attached to multiple platforms like Netflix etc.

The services segment is the largest segment in the mobile payment data protection market by component, while the small and medium enterprises (SMEs) segment performs better in the market by organization size.

North America region is the biggest market in the mobile payment data protection market, attributed to higher phishing attacks, cyberattacks and fraudulent activities, while the APAC region is the highest growing region in the market.

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COMPETITIVE LANDSCAPE:

Some of the Mobile payment data protection market players profiled in the FMI’s study are Braintree, Elavon, Intelligent Payments, CyberSource Corporation, Transaction Network Service, Shift4 Corporation, and TokenEx LLC and Ingenico ePayments.

Recent Developments

CyberSource Corporation has introduced its mobile payment data protection solution for different types of end-users that takes care of Payment Acceptance, Fraud Management and payment Security, increasing the demand for mobile payment data protection platforms.

Transaction Network Service (TNI) has extended its mobile payment data protection services like ADVAM Products, TNSOnline and TNSPay Protect, providing the control to admin over the payment touchpoints.

Key Segments

By Product :

  • Contactless Tokenisation
  • Remote Tokenisation

By End User :

  • Telecom & Information Technology
  • Banking & Financial Service
  • Government
  • Transportation
  • Retail
  • Entertainment and Media
  • Other End User Industries

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https://www.pearltrees.com/pallavikhalane/network-opportunities-forecast/id60095672

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Workflow Management Software (WMS) Market is expected to reach ~US$ 71.8 Bn by 2032

Revenue from workflow management software (WMS) was $5.2 billion globally in 2021. The market for workflow management software (WMS) is anticipated to reach $71.8 billion by 2032, expanding at a CAGR of 27.0% throughout the anticipated time frame (2022-2032)

Rising need for upgraded technologies with virtual capabilities and with proliferation of work from home, the demand for WMS is expected to surge. Several organizations are automating the processes and are gaining advantage from the system through lesser lead times, reduction in errors, enhanced the collaboration and coordination among the teams and improved efficiency.

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Key Takeaways

  • By type, the standalone software segment is expected to dominate with a leading CAGR of 8%in the global demand for workflow management system over the forecast period.
  • By deployment mode, cloud-based segment is estimated to grow by 31X during the forecast period.
  • By enterprise size, SMEs segment is estimated to grow by 35X during the forecast period.
  • By industry, the retail segment is anticipated to increase at a CAGR of 4%between 2022 & 2032.
  • By region, North America currently holds highest market share of around 29%in workflow management system market in 2021
  • South Asia & Pacific region is expected to witness highest growth of around 3%CAGR during the forecast period.

Key Companies Profiled

  • IBM
  • Salesforce
  • Zoho
  • Atlassian
  • Nintex
  • Zapier
  • Wrike
  • Mavenlink
  • ProWorkflow
  • Dapulse
  • Comindware Tracker
  • TRACKVIA
  • Asana
  • Kissflow
  • Integrify
  • CANEA Workflow
  • Process Street
  • Flokz
  • Cflow
  • Intellimas

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Workflow Management Software Outlook by Category

By Type:

  • Integrated WMS Software
  • Standalone WMS Software
    • Production Workflow Systems
    • Messaging-based Workflow Systems
    • Web-based Workflow Systems
    • Suite-based Workflow Systems
    • Others

By Deployment Mode:

  • On-premise WMS
  • Cloud-based WMS

By Enterprise Size:

  • Large Enterprises
  • Small and Medium-sized Enterprises (SMEs)

By Industry:

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

By Region:

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

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https://www.pearltrees.com/pallavikhalane/network-opportunities-forecast/id60095672

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Market For Industrial Solar Water Heaters Registered A CAGR Of 3.7% | Exclusive Report by Future Market Insights, Inc.

The market for industrial solar water heaters is anticipated to reach a market value of US$ 1,138.9 Million by 2032, growing at a CAGR of 3.7% over the forecast period of 2022-2032. The market is anticipated to reach a market value of US$ 791.8 Million in 2022.

Growth of the industrial solar water heaters market can be attributed to the increasing demand for the same from end user industries and commercial sectors. Industrial Solar Water Heater is a heating equipment powered by solar cells which in turn is used for applications such as heating of water, space heating, industrial process such as obtaining hot water or preheating of steam before it enters the industrial boilers.

Industrial solar water heater use has increased in North America and Europe as a result of the wealthy lifestyles, high disposable incomes, and high standards of living in those regions.

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APAC countries are anticipated to assist significantly for the growth of the global Industrial Solar Water Heaters market over the forecast period. Evolving countries in the APAC region, especially China and India, is estimated to play an imperative role in the growth of the Industrial Solar Water Heaters market in the coming future. In countries such as India and China, construction and automotive industry is in a very active state and is very attractive for the manufacturers there, is humungous growth potential for the global Industrial Solar Water Heaters market.

The market for the Industrial Solar Water Heaters is expected to grow as significant macro-economic factors such as the growth in industrialization, growth in urbanization, growth of construction industry and growth of automotive industry is on a linear side and thus will upsurge the growth of the global Industrial Solar Water Heaters market over the forecast period.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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The primary source of energy is the solar energy which can be utilized for various industrial applications. Moreover, as Industrial Solar Water Heaters are small in size and have great compressive strength, they are used as a structural lightweight fillers, thus Industrial Solar Water Heaters market is expected see rapid growth in all developed and developing countries in the future.

Industrial Solar Water Heaters Market: Market Participants

Some of the examples of the key market participants in the global Industrial Solar Water Heaters market, identified across the value chain are,

  • ATR SOLAR
  • SunEarth
  • Racold
  • Heliodyne, Inc.
  • Alternate Energy Technologies, LLC.
  • Excel Innovations Private Limited.
  • Apricus Solar Co. Ltd.
  • Chandrlok International
  • SunMaxx Solar
  • Greentek India Pvt. Ltd.
  • SUNPEAK USA Inc.
  • American Water Heaters

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Key Segments Profiled in the Industrial Solar Water Heaters Industry Survey

Industrial Solar Water Heaters Market by Industry Type:

  • Small Scale Industrial Solar Water Heaters
  • Medium Scale industrial Solar Water Heaters
  • Large Scale industrial Solar Water Heaters

Industrial Solar Water Heaters Market by Sales Channel:

  • Industrial Solar Water Heaters Sales via Original Equipment Manufacturers
  • Industrial Solar Water Heaters Sales via Aftermarket

Industrial Solar Water Heaters Market by End Use:

  • Industrial Solar Water Heaters for Automotive
  • Industrial Solar Water Heaters for Construction
  • Industrial Solar Water Heaters for Oil & Gas
  • Industrial Solar Water Heaters for Paints & Coatings
  • Industrial Solar Water Heaters for Other End Uses(Refractory, Bulk Fillers, Etc.)

Industrial Solar Water Heaters Market by Region:

  • North America Industrial Solar Water Heaters Market
  • Latin America Industrial Solar Water Heaters Market
  • Europe Industrial Solar Water Heaters Market
  • Asia Pacific Industrial Solar Water Heaters Market
  • Middle East & Africa Industrial Solar Water Heaters 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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Asia Pacific Is Expected To Generate The Largest Share In The Drive Wind Turbine Market.

The global direct drive wind turbine market is expected to be worth US$ 18.3 billion in 2032, with a CAGR of 16.2 % from 2022 to 2032. It is expected to exceed $14.6 billion by 2022. The urgent need to reduce noise, improve surge efficiency, and generate more torque with lower RPM is expected to boost direct drive wind turbine sales during the assessment period.

A few of the factors driving the growth of the Direct Drive Wind Turbine market in the industrial automation industry are the rising use of machines, the demand for high-quality products across various industries, and the integration of smart devices into the machinery. Automation is being used by businesses to boost productivity and cut labour costs. FMI offers thorough industry insights to help market participants develop their long-term strategies and keep their competitive edge.

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The high demand for energy across the globe is a significant factor that is anticipated to propel the direct drive wind turbines market share in the forthcoming years. The rapid industrialization, favorable regulations on energy efficiency, and high share of renewables in the power generation sector are likely to augment the market.

According to the FMI’s report, the Direct Drive Wind Turbine market is projected to record a CAGR of 16.2% over the forecast period. To receive the detailed insights about the Direct Drive Wind Turbine market, our experts relies on the primary and secondary research, and various wide range of data set gathered from organic and inorganic sources to provide estimates for the upcoming decade.

The global market is moderately fragmented backed by the presence of various small- and large-scale companies. Majority of the leading companies are aiming to attract more customers by participating in mergers and acquisitions with start-up companies. A few other players are focusing on introducing innovative products to expand their existing product portfolios and compete with their rivals.

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Market Competition:

  • ReGen Powertech Pvt. Ltd.
  • ABB Ltd.
  • Northern Power System
  • Goldwind Science & Technology Co. Ltd.
  • Siemens Gamesa Renewable Energy SA
  • M. Torres Olvega Industrial
  • Emergya Wind Technologies B.V.
  • Rockwell Automation Inc.
  • Enercon GmbH
  • Avantis Energy Group
  • Bachmann electronic GmbH

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Key Segments Profiled in the Drive Wind Turbine Industry Survey

By Capacity:

  • Less than 1MW
  • 1MW to 3MW
  • More than 3MW

By Technology:

  • Permanent Magnet Synchronous Generator
  • Electrically Excited Synchronous Generator

By Application:

  • Offshore
  • Onshore

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East and Africa

About Future Market Insights (FMI)

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

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Food Sorting Machines Market Set to Witness an Uptick Size US$ 2 billion to 2032: Future Market Insights, Inc.

The global food sorting machines market is expected to exceed US$ 1.5 billion by 2022. Surging demand for packaged food products globally is expected to boost sales at a 5% CAGR over the assessment period, with the market size approaching US$ 2 billion by 2032.

With a growing global population and increasing pressure on the food industry to meet customer demands, food sorting machines are becoming more popular. During the forecast period, the global food sorting machines market is expected to expand at a promising CAGR.

Optical sorting improves product quality, increases yields, and increases throughput while lowering labour costs.

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Its highly adopted in the processing of harvested foods such as fruits, potatoes, vegetables and nuts where it achieves non-destructive,100% inspection on full production volume. Since manual sorting is subjective and inconsistent, it is not preferred. One of the solutions to this dilemma is increased efficiency and waste reduction in the food supply chain. Food sorting machines offer an increase in efficiency by selectively filtering out the undesired materials from the main food. Worldwide optical sorters are being used in the food industry.

Food Sorting Machines Market: Drivers & Restraints

Growing population, rising urbanization, growing technological awareness, industrialization of emerging economies and increasing per capita income are some of the key factors driving the growth of the food sorting machines market.

Environmental Protection Agency regulations on the disposal of food waste, changing consumption patterns and smaller households are a few of the probable factors restraining the growth of the food sorting machines market.

Food Sorting Machines Market: Key Players

Some of the key market participants in the global food sorting machines market are Tomra Systems ASA, Sesotec GmbH, Buhler AG, Key Technology, BarcoVision, and Satake USA Inc.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types and applications.

The report is a compilation of first-hand information, qualitative and quantitative assessments by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Global interest is increasing towards the quality of food consumed along with the stringent legislation on product quality and operating procedures. In the food industry, the product specification is extremely important and is one of those areas where new developments are crossing the boundaries. The food industry is under immense pressure of meeting the demands of the growing world population.

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Key Segments Profiled in the Food Sorting Machines Industry Survey

Product Type:

  • Channel Sorters
  • Freefall Sorters
  • Belt Sorters
  • ADR Systems

Technology:

  • Laser
  • Camera
  • LED
  • X-ray

Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East & Africa

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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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Wedge Wire Screen Market Is Estimated To Grow At A CAGR Of 4% From 2022 To 2032 – FMI

The global Wedge Wire Screen market was worth US$ 0.68 billion in 2021 and is expected to grow at a CAGR of 4% to reach US$ 0.71 billion in 2022. The wedge wire screen market is expected to grow in the approaching years because to its high strength, rigidity, and weight carrying capacity.

The whole structure is then compressed and made safe by installing ring nuts over the ends of rod. Wedge Wire Screens are capable of separating solids from liquids and are commonly used for sizing, filtering, retaining media, de-watering, distribution and collection.

Wedge wire screens are mainly used in chemical, mining, gas & oil and paper industries. Wedge wire screens provide larger drainage area, thereby creating better flow of water and are comparatively strong & durable. They are usually manufactured from stainless steel and primarily used for separation, filtration and retention media in end-use sectors.

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Wedge Wire Screens can be made in various different configurations and are available in cylindrical, flat or curved shapes. The wires can be located axially inside the cylinder. The dimension of the cylinders can vary from 1/2″ – 36″, depending on the needs of the individual customer. Customized wedge wire screens with large diameters can also be manufactured for individual needs.

Wedge Wire Screen Market: Dynamics

Increase in demand from end-user sectors, such as petro chemicals, food industries and water treatment, will drive the demand for wedge wire screens during the forecast period.

Moreover, wedge wire screens act as a perfect tool for drilling boreholes. These screens can handle all kinds of pressure and facilitate easy flow of liquids. Also, different industries have different requirements for panel screens.

Therefore, all of these factors will drive the demand for wedge wire screens during the forecast period.

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Wedge Wire Screen Market: Market Participants

Examples of some of the market participants/vendors identified across the value chain of the Wedge Wire Screen market are AMACS, Ando Screen, ANDRITZ Euroslot, Aqseptence Group, Atlas Wedge Wire, B. Deo-Volente, Carbis Filtration, Concord Screen, Costacurta S.p.A., CP Screens, Gap Technology, HEIN, LEHMANN, Hendrick Screen Company, International Screen Supplies, Jagtap Engineering, Multotec, Optima International, Progress Eco, Steinhaus GmbH, TOYO SCREEN KOGYO CO, Trislot NV and Wedge Tech.

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

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

Wedge Wire Screen Market: Segmentation

On the basis of type, the market can be segmented into:

  • Baskets wedge wire screens
  • Flat wedge wire screens
  • Sieve Bend Screen wedge wire screens
  • Cylinder wedge wire screens

On the basis of application, the market can be segmented into:

  • Food & Beverages wedge wire screen
  • Chemical and Petroleum
  • Water Treatment
  • Pulp and Paper
  • Mining and Mineral
  • Others

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Air Sampling Pump Market to reach a valuation of USD 68.27 Million by 2032| Future Market Insights Inc

The air sampling pump market is predicted to grow at a 3.79 percent CAGR from 2022 to 2032, rising from US$ 47.06 Million in 2022 to a valuation of US$ 68.27 Million by 2032. Airborne hazards caused by fibres, gases, vapours, and dusts can lead to potentially fatal illnesses that affect the kidneys, lungs, and liver. Air sampling is a widely adopted method designed to monitor workers’ exposure to potential airborne workplace threats.

Air sampling has penetrated as a vital approach in almost every industry, ranging from chemical vapour exposure in a factory to flour dust exposure in a bakery in recent years.

Air sampling is performed to ensure that environmental or workplace air is complying with the regulatory standards, and is highly leveraged to aid Occupational Hygiene and Health & Safety professionals in assessing employee exposure to various airborne hazards.

These factors have further driven the demand for air sampling equipment across industries to ensure a safe and healthy workplace.

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Air Sampling Equipment Market – Competitive Landscape

  • In January 2019, Restek launched radiello passive, diffusive air sampling badge for VOCs (Volatile Organic Compounds). Versatile radiello passive diffusive air samplers encompass a unique 3D radial design that provides various performance advancements over the traditionally used 2D flat axial air sampling equipment.
  • In July 2018, the air sampling, noise & vibration monitoring specialist, Casella introduced the Flow Detective air sampling pump calibrator. Flow Detective is a novel air sampling equipment that can measure pulsation, with a 70-hour battery life, which is double the duration of other products available in the market.

Air Sampling Equipment Market DynamicsGrowing Concerns about Health & Safety in Workplace Prompting Deployment of Air Sampling Equipment

Burgeoning concerns pertaining to worker health and safety at the workplace have prompted industries to take proper measures to ensure a healthy work environment for their employees.Industries, such a chemical and bakery, are increasingly deploying air sampling equipment to ensure their workplace air comply with the regulatory standards.

As air sampling equipment consistently measures the concentration of airborne contaminants, industries can limit workers’ exposure to contaminated air, thereby helping to prevent chronic respiratory diseases, including asthma, and occupational cancers.

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Stringent Air Pollution Regulations Driving Sales of Air Sampling Equipment

Surging air pollution regulations are bringing significant traction to the air sampling equipment market. For instance regulatory authorities, including the OSHA in the USA and HSE in the UK have imposed limits on the exposure of several substances deemed hazardous for the health of workers.

Workplace Exposure Limits (WELs) by HSE are defined as the maximum concentration of a hazardous airborne substance that a worker could be exposed to over a defined period such as an 8-hour shift. WELs are applicable to anybody working within an environment where hazardous substances are present. Consequently, industries are investing in air sampling equipment and air monitoring systems in a bid to provide safe and health workplace environment. Such growing regulation are driving the growth in air sampling equipment market.

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

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

Air Sampling Equipment 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

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Air Sampling Equipment Market Segmentation Based on product, the air sampling equipment market is segmented into:

  • High Volume Air Sampler
  • Low Volume Air Sampler
  • Others

Based on end users/application, the air sampling equipment market is segmented into:

  • Commercial Use
  • Industrial Use
  • Research
  • Public Services
  • Others

The research report presents a comprehensive assessment of the air sampling equipment market and contains thoughtful insights, facts, and historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to air sampling equipment market segments such as geographies, application and industry.

About Future Market Insights (FMI)

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

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According To Future Market Insights, The Die Bonder Equipment Market Will Reach US$ 6.0 Billion By 2022-2032

Demand for Die Bonder Equipment is projected to reach US$ 4.2 billion in 2022 and to increase to US$ 6.0 billion between 2022 and 2032 at a CAGR of 4%. Growth is being fueled by an increase in the use of stacked die technology in Internet of Things (IoT) devices.

Therefore, die bonder equipment is extensively used in the manufacturing of semiconductor devices. Furthermore, a variety of methods are used to attach the die to the substrate, including epoxy, eutectic, soft solder, and flip chips.

As a result, it is projected that die bonder equipment manufacturers would see profitable growth opportunities in the coming years, resulting in a significant CAGR for the die bonder equipment market.

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Global Die Bonder Equipment Market: Dynamics

One of the main elements anticipated to fuel future demand for die bonder equipment is the rise in demand for semiconductor integrated circuits. As more end-use applications embrace electronic systems, there will be a robust need for integrated circuits (ICs). In turn, this is driving up demand for die bonder machinery on the world market. In the future, it is also anticipated that the expanding use of IOTs, ultra-high definition television, and hybrid laptops will significantly increase demand for die bonder equipment. The future expansion of the die bonder equipment market is also anticipated to be hampered by the rising demand for polymer adhesive water bonding equipment.

Global Die Bonder Equipment Market: Regional Outlook

In the global market of die bounder equipment, Asia Pacific is expected to dominate the market owing to growing demand from the region. This growing demand can primarily be attributed to the presence of a huge number of IC manufacturers in the region. Growing IC demand due to increasing smartphones and tablets production will make the region grow at a healthy pace in future.

Moreover, the market for die bonder equipment in North America and Europe is also projected to grow at a healthy pace owing to increasing demand for semiconductors ICs from the region. The fast adoption of new and latest technologies in the region is also expected to drive the market in the region. Furthermore, MEA and Latin America are also expected to create demand for die bonder equipment in future as the market in these regions is in the growing stage as compared to other regions.

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Global Die Bonder Equipment Market: Market Participants

In the global die bonder equipment market, manufacturers are continuously focused towards automation of the tie bonding technology. Names of some of the manufacturers engaged in the development and manufacturing of die bonder equipment are mentioned:

  • Besi
  • ASM Pacific Technology Limited (ASMPT)
  • Kulicke & Soffa Industries, Inc.
  • Tresky AG
  • SHIBAURA MECHATRONICS CORPORATION
  • West·Bond, Inc.
  • Panasonic Corporation
  • MRSI Systems
  • SHINKAWA LTD.
  • Palomar Technologies
  • DIAS Automation
  • Toray Engineering
  • FASFORD TECHNOLOGY

The research report presents a comprehensive assessment of the Die Bonder Equipment market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated Die Bonder Equipment market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to Die Bonder Equipment market segments such as geographies, application, and industry.

Key Segments Profiled in the Die Bonder Equipment Industry Survey

Die Bonder Equipment Market by Product Type:

  • Manual Die Bonder Equipment
  • Semi-Automatic Die Bonder Equipment
  • Fully Automatic Die Bonder Equipment

Die Bonder Equipment Market by Attachment Method:

  • Epoxy Die Bonder
  • Eutectic Die Bonder
  • Soft Solder Die Bonder
  • Flip Chip Die Bonder

Die Bonder Equipment Market by End User:

  • Die Bonder Equipment for Integrated Device Manufacturers (DMs)
  • Die Bonder Equipment for Outsourced Semiconductor Assembly and Test (OSAT)

Die Bonder Equipment Market by Region:

  • North America Die Bonder Equipment Market
  • Latin America Die Bonder Equipment Market
  • Europe Die Bonder Equipment Market
  • Asia Pacific Die Bonder Equipment Market
  • Middle East & Africa Die Bonder Equipment Market

About Future Market Insights (FMI)

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

Contact Us:

Future Market Insights, Inc

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Over the forecast period, Asia Pacific Electric Fireplace Market is Expected to Grow at a Slow Pace

The global electric fireplace market demand is expected to be worth US$ 2.18 billion in 2021, with a 1.4 percent year-on-year growth. Between 2022 and 2032, the market is expected to grow at a CAGR of 3.7 percent, from USD 2.21 billion in 2022 to USD 3.2 billion in 2032. In 2020, the global market grew by 2%, compared to the 2% average year-on-year growth from 2017 to 2019.

In the winter, a room or workspace in both residential and commercial buildings may be heated by an electric fireplace. Electric fireplaces are growing in popularity since they use less energy and produce more efficiently.

This is a result of both a lack of product awareness in the area and the pollution that conventional fireplaces produce. In addition, the Middle East and Africa market is anticipated to increase slowly over the coming years.

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Global Electric Fireplace

Market: Market Participants

The global market for electric fireplaces is consolidated and is highly dominated by top players in the market. Some of the leading players involved in the manufacturing and sales of the electric fireplace across the global market are:

  • Twin-Star Home (ClassicFlame®)
  • Real Flame
  • Dimplex North America
  • Amantii Electric Fireplaces
  • Napoleon Fireplaces
  • Duraflame, Inc.
  • Muskoka Electric Fireplaces
  • Modern Flames
  • Sierra Flames
  • Woodbridge Fireplace Inc.
  • Montigo
  • Heatilator
  • Alaskan Fireplace Company
  • OER Fireplaces

The research report presents a comprehensive assessment of the electric fireplace market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated electric fireplace market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to electric fireplace market segments such as geographies, application, and industry.

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Global Electric Fireplace Market: Segmentation

The global electric fireplace market can be segmented based on electric fireplace type, electric fireplace size, application & region.

Based on electric fireplace type, the global electric fireplace market is segmented as:

  • Stove
  • Insert
  • Table-Top
  • Wall-Mounted
  • Freestanding

Based on electric fireplace size, the global electric fireplace market is segmented as:

  • Small (Up to 35″)
  • Medium (36″ – 42″)
  • Large (43″ – 48″)
  • Extra Large (49″ & Above)

Based on application, the global electric fireplace market is segmented as:

  • Residential
  • Commercial

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