Flatting Agents Market is Expected to Generate Huge Profits by 2028

Flatting agents are used to reduce the glossy effect of the paints, varnishes, lacquers and other finishing paints and coatings in order to meet the tailored specific requirements. The flatting agents are also known as matting agents. Manufacturers are focusing on the development of flatting agents such that the desired matting affect could be obtained whereas maintaining the performance properties of the coatings such as good flow, color, stability, mar resistance and other mechanical and physical properties.

The flatting agents are added with paints and coatings to amounts according to the required finish. Flatting agents that not only will reduce gloss but also improves properties such as scratch resistance are being developed. There has been significant research and development for the development of flatting agents with focus on particle size and pore to improve the efficiency and performance.

Flatting agents have specific particle size distribution to diffuse the light in the specific pattern from the paint film and impart a smooth and deep matting effect. The flatting agents are used for a variety of paints and coatings applications ranging from wood, coil and architectural coatings amongst others.

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Global Flatting Agents Market Dynamics

Flatting Agents Market Drivers

The substantial growth in the paints, coatings and inks industry across globe is projected to boost the demand for flatting agents. There has been rise in consumption of decorative paints which is largely being used for the commercial and residential applications. Flatting agents are also being used for inks. Therefore, the steady growth of the end use industry is projected to drive the demand for flatting agents.

Another major benefit of using flatting agents is the significant improvement in properties such as rheology, stability, scratch and mar resistance, finish and smoothness. The increasing concern for aesthetics and appearance and growing use of decorative paints is projected to create positive traction in flatting agents market.

Flatting Agents Market Restraints

One of the major challenge faced by the global Flatting agents market is the cost associated with the use of advanced flatting agents. Moreover, there are also stringent regulations regarding the emission of harmful volatile organic compounds (VOC’s) which is hamper the growth of flatting agents globally. The use of flatting agents in water based paint formulations

Flatting Agents Market Trends

With the growing concerns regarding the harmful effect on environment caused by the use of these chemicals, there has been a recent trend for the use of natural flatting agent for paints and coatings applications

In some of the cases, the flatting agents are being added with a hardener additive which allows flexible gloss adjustment, adjust rheology, transparency and stain and scratch resistance has been a major trend in the global flatting agents market. There has been focus on development of advanced grade of flatting agents with could achieve higher matting affect without losing opacity.

Moreover, there has been an increase in consumption of flatting agents to obtain matt effect and superior anti cracking properties in the resin based plasters.

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Global Flatting Agents Market: Regional Outlook

In terms of regional perspective the global flatting agents market is anticipated to be dominated by Asia Pacific region. This is attributed to the significant growth in the paints and coatings industry in the region majorly in China and India with rapid urbanization and industrial and infrastructural developments which is projected to create significant opportunities for growth of flatting agents. North America and Europe are also projected to register noteworthy demand for flatting agents over the forecast period. Latin America and Middle East and Africa are projected to remain low volume high growth regions over the forecast period.

Global Flatting Agents Market Participants

Some of the market participants identified across the value chain of global Flatting Agents market are:

  • Evonik Industries AG
  • PPG Industries, Inc.
  • Huntsman Corporation
  • J.M. Huber Corporation
  • Dalian Fuchang Chemical Co., Ltd.
  • Imerys S.A.
  • W. R. Grace & Co.-Conn.
  • The Lubrizol Corporation
  • Michelman, inc.
  • Akzo Nobel N.V.
  • MAPEI
  • PQ Corporation
  • Arkema
  • Allnex
  • Axalta Coating Systems
  • Toyobo Co., Ltd.

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

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Global Flatting Agents Market Segmentation

The global flatting agents market can be segmented on the basis of application, formulation, product type and region

On the basis of product type, the global flatting agents market can be segmented as:

  • Silica
  • Wax
  • Thermoplastics
  • Others

On the basis of application, the global flatting agents market can be segmented as:

  • Industrial
  • Automotive
  • Can and Coil
  • Marine
  • Aerospace
  • Packaging coatings
  • Other industrial coatings
  • Architectural
  • Wood
  • Inks
  • Others

On the basis of formulation, the global flatting agents market can be segmented as:

  • Water based solutions
  • Solvent based solutions
  • Radiation cured and high solids
  • Powder
  • others

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Silicon Nitride Market- Global Revenue Growth Expectations in the Near Future

Silicon Nitride (Si3N4), a non-oxide advanced ceramic material characterized primarily by hardness, toughness, high strength, excellent thermal and chemical stability. Silicon nitride possess high temperature strength and excellent thermal shock resistance which makes it ideal for use in gas turbines and automotive engines. Silicon Nitride is mainly used for glow plugs, turbocharger rotors and hot plugs in diesel engines. Silicon nitride also possesses outstanding wear resistance and good electric conductivity.

Increasing environmental concerns and emission regulations for light duty as well as heavy duty vehicles will assist the demand for turbochargers and in turn will push the demand for silicon nitride for the production of turbocharger rotors.

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Global Silicon Nitride Market: Dynamics

Sintered silicon nitride is the most suitable material for manufacturing of turbocharger rotor owing to its good mechanical strength at high temperature and light weight. Manufacturers are substituting metal rotor by sintered silicon nitride, resulting in 50% reduction of inertia moment and also improvement of engine response. Thus, consumption of silicon nitride is anticipated to grow at significant pace over the near future. Further, increasing demand for engine downsizing for the optimum vehicle performance is assisting the sales of the turbochargers and in turn driving the growth of global silicon nitride market.

Availability of alternative ceramic materials such as alumina, steatite, zirconia, silicon carbide, etc. is found to be one of the key factor restraining the growth of silicon nitride market over the forecast years. Silicon nitride is difficult to produce as a bulk material as it cannot be heated over high temperature owing to its association to silicon and nitrogen.

Key manufacturers involved in the production of silicon nitride are found to be involved in the long term distribution agreement for the product with end-users across the globe For instance, in the recent past Amedica Corporation has announced the partnership with Shandong Weigao Orthopaedic Device Company Limited (medical device company based in China). Thus, found to be one of the key trends identified in the global silicon nitride market.

Global Silicon Nitride Market: Regional Outlook

Considering regions, globally the silicon nitride market is expected to be led by China, owing to the presence of various end-use industries such as electronics, automotive, medical and healthcare, aerospace, etc. Asia-Pacific spearheaded by China is anticipated to be the key region in the global silicon nitride market throughout the forecast years. Asia-Pacific in the market is expected to be followed by Europe and North America region in the global silicon nitride market. Latin America, spearheaded by Brazil is expected to be grow at moderate pace in the global silicon nitride market over the near future. Middle East & Africa in the global silicon nitride market is anticipated to account for small share and is expected to grow at slow pace over the near future.

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Global Silicon Nitride Market: Market Participants

Some of the key players involved in the global Silicon Nitride market include KYOCERA Corproation, CeramTec, UBE INDUSTRIES, LTD., Dynamic-Ceramic Limited, TOSHIBA MATERIALS CO., LTD., Amedica Corporation, CoorsTek Inc., Vesta Ceramics, Denka Company Limited, Panadyne, Reade International Corp., Yantai Tomley Hi-Tech Ind. & Tra. Co., Ltd., and others.

The global silicon nitride market is expected to be one of the most consolidated in nature, owing to the presence of small number of players in the manufacturing of silicon nitride.

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

Global Silicon Nitride Market: Segmentation

The global Silicon Nitride market can be segmented on the basis of type, grade, application and end-use industry

Based on the type, the global silicon nitride market can be segmented into

  • Reaction-Bonded Silicon Nitride
  • Sintered Reaction-Bonded Silicon Nitride
  • Hot Pressed Silicon Nitride
  • Pressureless Sintered Silicon Nitride

Based on the grade, the global silicon nitride market can be segmented into

  • Standard Grade
  • High Purity Grade

Based on the application, the global silicon nitride market can be segmented into

  • Reciprocating Engine Components
  • Bearings
  • Metal working tools
  • Electronic Circuit Manufacturing
  • Medical Devices

Based on the end-use industry, the global silicon nitride market can be segmented into

  • Automotive
  • Aerospace
  • Electronics and Semiconductor
  • Medical and Healthcare

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Myrcene Market- This is How Leading Companies Are Dominating the Global Market

Myrcene, also known as β-myrcene, is classified as a monoterpene. Myrcene is derived from β-pinene by thermally isolating it. Myrcene is a light yellow oily liquid with a balsamic odor. Myrcene is majorly used as an intermediate in producing citronellol, menthol, geraniol, linalool, nerol, and lyral, among other terpene-based aromatic chemicals.

The compounds being stable and readily soluble in water are much widely used in the beverage industry. Myrcene is unstable in air, and therefore is converted into myrcenol to be used is the perfumery industry. Myrcene is also used to provide a peppery aroma in alcoholic drinks. Myrcene is also called 7-methyl-3-methyleneocta-1, 6-diene.

Myrcene is a significant element found in parsley, hops, cardamom, wild thyme, bay, and ylang-ylang plants. Myrcene is also stated to show health benefits such as easing chronic pain. Terpenes containing myrcene potentially absorb blood brain barrier boosting the analgesic responses.

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Myrcene Market: Dynamics

The myrcene compound is mainly found in cannabis, and has proven to have anti-oxidation properties. Hence, the demand for myrcene is anticipated to increase, owing to the increasing research for novel products and enhanced properties of myrcene. Moreover, the perfume industry, including the flavor and fragrance industry, has been growing at a positive rate. Given its application as an intermediate in the industry, the consumption of myrcene is anticipated to register a marginal growth over the forecast period.

However, growing concerns from the World Health Organization (WHO) International Agency for Research on Cancer (IARC) over myrcene being a potential carcinogen limits its penetration in the mass market. Coupled with that, myrcene being derived from cannabis, the political and cultural factors may act as a restraining factor for the advancement of the global myrcene market. Furthermore, being unstable, the myrcene compound is not directly used in its applications, and its derivatives find limited use in the perfumery industry. This acts as a key factor that limits the growth of the market in value – volume terms.

Being naturally derived from plants, myrcene is demanded in applications requiring natural ingredients. This trend is anticipated to continue in the future until an alternative product for myrcene is not found.

Myrcene Market: Regional Outlook

From a regional point of view, the Asia Pacific region is estimated to hold a larger share in the consumption of myrcene, due to the growing population. Also, China has been noted to be one of the high intensity regions producing myrcene, given the lesser restrictions and lower labor costs there. Due to the demand for natural ingredients in the perfumery industry, the North American myrcene market is anticipated to follow Asia Pacific in terms of volumetric consumption.

With the European flavor and fragrance market at an optimum stance, it is expected that the consumption of myrcene will grow in tandem with it. The perfume industry in the Middle East and Africa, though small, is growing at the fastest rate, and the myrcene market will follow the same. Countries in Eastern Europe and Latin America are expected to experience comparatively slower growth, and hold a minor, but vital share in the global myrcene market.

Some of the market participants in the global myrcene market identified across the value chain include DRT, SPECTRUM LABORATORY PRODUCTS INC, YASUHARA CHEMICAL CO., LTD., Ernesto Ventós, S.A., Sky Dragon Fine-Chem Co., Ltd., Deqing Wansong Forestry Perfume Manufacturing Co., Ltd.., Jiangxi Hessence Chemicals Co., Ltd., EcoGreen International Group Limited., Zhejiang Xinhua CHEMICAL CO.,LTD, and Toronto Research Chemicals.

The report presents a comprehensive assessment of the myrcene 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 myrcene research report provides analysis and information according to market segments such as geography, concentration, and application.

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

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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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Cloud Services Market Future Analysis, Demand by Regions and Opportunities with Challenges 2030

The Cloud Services Market is expected to reach a valuation of 2.5 Bn by 2030. The market is set to further aggrandize at a CAGR of nearly 17.5% through 2030. Besides BFSI, government, healthcare, and other industries, education institutions are rapidly adopting cloud-based email services such as email-as-a-service on large scale. These institutions provide email solutions to their staffs in order to do their daily operational tasks.

These email solutions are implemented, maintained, and managed by cloud service providers. Educational institutions that are implementing cloud-based email, benefits from several enhanced services such as a user gets 10 GB of mail inbox storage that can be accessed from any place. Moreover, it offers instant messaging capabilities and 25GB of free online storage.

Among services models available, the demand for software as a service (SaaS) is considerably high. FMI has projected it exhibit 21.6% Y-o-Y growth in 2021. Future Market Insights also states that the global cloud services market is expected to rise steadily at a CAGR of 20.4% during the forecast period of 2020 to 2030.

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Key Takeaways of Cloud Services Market Study

  • Cloud services market will exhibit impressive Y-o-Y growth at 19.9% CAGR in 2021. FMI projects growth trends to remain positive through the forecast period
  • Both U.S. and Canada will exhibit remarkable growth as markets for cloud services. Of these, the U.S. will register 64.9% of North America market in 2021
  • Exhibiting 20.7% Y-o-Y growth in 2021, the U.K. will emerge as a key market in Europe
  • Germany and France will remain attractive spots for cloud services market
  • Japan and South Korea will exhibit demand for cloud services at an accelerated pace through the forecast period

Demand for Cloud Services Increased Under Pandemic Crisis

Under the pandemic crisis of COVID-19, the demand for cloud solutions and services has increased significantly, as most of the workforce started working from home/remote places. There is an influx in demand of cloud solution and services as organisations are adopting to remote work, entertainment, gaming, education and virtually everything else.

Many organisations have changed their priorities and by utilizing cloud automation, businesses are increasing their online presence by developing commerce websites on cloud platforms to decrease the impact of COVID-19 on operational efficiency and productivity. Owing to such factors pubic cloud services market revenue is estimated to increase by 1.6X during 2019-2021.

Shift of Enterprises towards Cloud Based Services

Increasing usage of cloud-based services for multiple workloads such as email services, data backups, CRM, ERP and collaboration services is expected to drive growth of the cloud platforms, over the forecast period. Cost of cloud-based services is comparatively cheaper as these do not require setting up of IT infrastructure. Therefore, many companies are shifting towards adoption of security solutions in order to secure their workloads on the cloud without risks of cyber threat.

Who is Winning?

Some of the leading companies operating in the cloud services market are Microsoft Corporation, IBM Corporation, Cisco System, Inc., AWS, Oracle Corporation, Dell Technologies, SAP, Google, Fujitsu Global, Rackspace Technology, Inc. and others. These companies are expected to focus on various expansion strategies to gain competitive advantage.

For instance, Google LLP acquired Cornerstone Technology, which is based in Netherlands and specializes in mitigating enterprise workloads, in February 2020. This acquisition helped Google LLP to expand its customer base across Europe.

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More Valuable Insights on Cloud Services Market

In its latest report, Future Market Insights offers an unbiased analysis of the global cloud services market, providing historical data for period of 2015-2019 and forecast statistics for the period of 2020-2030. To understand opportunities in the cloud services market, the market is segmented on the basis of service model (Software as a Service (SaaS), Platform as a Service (PaaS), Infrastructure as a Service (IaaS)), deployment (public cloud, private cloud, hybrid cloud), enterprise size (large enterprises, small and medium enterprises), industry (BFSI, IT & Telecom, Healthcare, Manufacturing, Government, Others) across six major regions.

Key Segments Covered of the Cloud Services Market

Service Model

  • Software as a Service (SaaS)
  • Platform as a Service (PaaS)
  • Infrastructure as a Service (IaaS)

Deployment

  • Public Cloud
  • Private Cloud
  • Hybrid Cloud

Enterprise Size

  • SMEs
  • Large Enterprise

Industry

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

Region

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

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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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Massive Open Online Course Market 2022 Business Opportunities and Global Forecast to 2030

Massive Open Online Course Market is accelerating at a CAGR of 16.7% by 2022-2030, forecasted to reach US$ 31.3 Bn by 2030.

The increase in requirement for various open online courses such as humanities, business management, science, and others is propelling the growth of MOOC market across the globe. As massive open online courses offer unlimited participation and open access via web to various courses, they have come to the rescue of student during lockdown amid COVID-19, as educational and corporate institutes remained shuttered to prevent the spread of the virus.

According to the research report published in the 2nd International Conference on Modern Management, Education Technology, and Social Science (MMETSS 2017) on United States, China, and India, in 2016 alone, around 23 million people joined in the MOOC family for the first time. The total number of MOOCs increased to 6,850 in 2017 from over 700 universities in 2016. And this trend is expected to grow further during the forecast period.

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Some of the key takeaways from the report are highlighted below-

  • Demand in MOOC platforms is expected to surge considerably in the coming years
  • Education & training courses are set to witness surge in demand which in turn will cater to the market growth
  • Post graduates are expected to remain dominant end users of MOOC throughout the forecast period
  • North America will lead in the global market with its epicenter in Canada
  • South Asia & Pacific will emerge lucrative exhibiting highest rate of growth in the coming years

COVID-19 Impact Analysis

While the market got affected in the on-set of the COVID-19 pandemic earlier this year, the surge in demand for various online courses followed soon after. In order to continue with the respective courses as schools, colleges, and educational institutions remained shut during lockdown the adoption of online education and courses increased substantially.

According to the Organization for Economic Cooperation and Development (OECD), the evidence from web searches also points to the rise in requirement for online training. In Canada, France, Italy, the United Kingdom, and the United States, searches for terms such as online training, e-learning, and massive online open courses increased up to fourfold between end-March and early April 2020 as strict lockdown started in most OECD countries.

Though the world is recovering and about to get back to normal in a couple of years, the inclination towards online courses is anticipated to increase further in the coming years.

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Who is Winning?

Competition in the global MOOC market is getting tougher gradually. In order to capitalize on the prevalent opportunities, the market players are designing new education modules and launching online courses to provide quality MOOCs.

For instance,

  • EDX launched its new range of MOOCs from the world’s best universities such as MITx, HarvardX, BerkeleyX, UTx, and others in 2020. Their courses covers various topics such as biology, computer, chemistry, science, computer, economics, and others.
  • Edureka launched its new range of instructor-led MOOCs along with their 24/7 online demand support to achieve highest course completion rates in the industry in 2020.Their real life projects and personal learning managers ensure that learning goals are meet on time

More Valuable Insights on Massive Open Online Course Market

In the latest report by Future Market Insights, we offer an unbiased analysis of the global MOOC market, providing historical data for the period of 2015-2019 and forecast statistics for the period of 2022-2030.

In order to understand the global market potential, its growth and scopes, the market is segmented on the basis of component (platform, services), course (humanities, computer science & programming, business management, science, health & medicine, education & training, engineering, and others), end user (high school, under graduates, post graduates, corporate), across six major regions (North America, Latin America, Europe, East Asia, South Asia & Pacific, MEA).

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Massive Open Online Course Industry Survey

Massive Open Online Course Market by Component:

  • MOOC Platforms
    • XMOOC
    • CMOOC
  • MOOC Services
    • Consulting
    • Implementation
    • Training & Support

Massive Open Online Course Market by Course:

  • Humanities
  • Computer Science & Programming
  • Business Management
  • Science
  • Health & Medicine
  • Education & Training
  • Engineering
  • Others

Massive Open Online Course Market by End User:

  • High Schools
  • Under Graduates
  • Post Graduates
  • Corporates

Massive Open Online Course Market by Region:

  • North America Massive Open Online Course Market
  • Latin America Massive Open Online Course Market
  • Europe Massive Open Online Course Market
  • East Asia Massive Open Online Course Market
  • South Asia & Pacific Massive Open Online Course Market
  • Middle East & Africa (MEA) Massive Open Online Course 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 8-years.

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Remote Desktop Software Market Innovations, Technology Growth and Research 2022-2030

The Remote Desktop Software Market is currently valued at US$ 2.31 Bn in 2022 and US$ 5.9 Bn in the year 2030, likely to surge at a vigorous 12.4% CAGR during the assessment period 2022 – 2030. The report attributes the growth of the market to continual demand in IT and telecommunication sectors, coupled with the penetration of the internet and computers into the manufacturing and healthcare sectors at a healthy pace. Similarly, the advent of cloud computing technologies has also been identified as a crucial growth attribute.

Furthermore, the report opines that the COVID-19 pandemic will catalyze the demand for remote desktop software as organizations across the world adopt remote working cultures and seek solutions that aid in keeping their day-to-day operations intact. This is expected to give a major boost to the remote desktop software market.

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Key Takeaways

  • Adoption of remote desktop software solutions will remain concentrated across small & medium enterprises, which account for nearly 3/5th of market value.
  • Cloud-based remote desktop software remains the most popular deployment type, capturing more than 2/5th of global value.
  • Based on end-use, the IT & telecommunication sector will hold over 30% of market value, owing to high reliance on computers.
  • South Asia & Pacific will reign supremacy over the regional landscape, backed by the presence of a flourishing IT sector that offers support services to IT firms worldwide.
  • North America and Europe and will cumulatively account for nearly 2/5th of market value.

COVID-19 Impact

The outbreak of COVID-19 has positively influenced the growth trajectory of the remote desktop software market, creating a significant upsurge in the demand for these solutions. In the first quarter of 2020, numerous organizations across the world have adopted remote working models to ensure their operations remain unhindered.

On this premise, the demand for remote desktop software has witnessed an uptick as it aids in support services by eliminating the need for in-person examination in times of social distancing. Furthermore, as the work-from-home model has emerged as a new normal, the demand for remote desktop software will persist high for the years to come.

Who is Winning?

Players in the remote desktop software market are directing their efforts to launch innovative services with advanced features such as two-way communication, screen recording, high safety, etc. Launching software for multiple operating systems and offering effective customer support have also been identified as key growth strategies. On these lines:

  • In April 2020, HP Enterprises announced a high-performing virtual desktop infrastructure designed to bolster remote working.
  • In August 2018, Microsoft announced the launch of its mobile app that enables users to access computer using mobile devices

FMI’s report includes profiles of some of the most prominent names in the market including ConnectWise, Microsoft, TeamViewer, Splashtop Inc., AnyDesk, Zoho Assist, RealVNC Limited, BeyondTrust Corporation, LogMeIn, Inc., Techinline, Goverlan, Inc., and ISL Online, among others.

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Remote Desktop Software Industry Survey

Remote Desktop Software Market by Deployment Type:

  • On-premise Remote Desktop Software Solutions
  • Cloud Remote Desktop Software Solutions
  • Web-based Remote Desktop Software Solutions

Remote Desktop Software Market by Enterprise Size:

  • Small & Medium Enterprises
  • Large Enterprises

Remote Desktop Software Market by End Use:

  • Government
  • IT & Telecommunications
  • BFSI
  • Healthcare
  • Retail
  • Education
  • Media & Entertainment
  • Others

Remote Desktop Software Market by Region:

  • North America Remote Desktop Software Market
  • Latin America Remote Desktop Software Market
  • Europe Remote Desktop Software Market
  • East Asia Remote Desktop Software Market
  • South Asia & Pacific Remote Desktop Software Market
  • Middle East & Africa (MEA) Remote Desktop Software Market

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Endpoint Protection Platforms (EPP) Market 2022 | Present Scenario and Growth Prospects 2030

The Endpoint Protection Platforms (EPP) Market is predicted to surpass US$ 3.63 Bn in 2022 to US$ 7.82 Bn by 2030 and display a remarkable 7% CAGR between 2022 and 2030. Endpoint protection platform solutions have become highly sought-after particularly since an increasing number of companies are adopting the “Bring your own device (BYOD)” method. According to a new study by Future Market Insights (FMI), this will create lucrative prospects for the expansion of the endpoint protection platform market.

Cases of cyber-attacks have been rising consistently. With organizations around the world adopting a remote-working model, especially to contain the spread of COVID-19, cyber-security has become more vulnerable than ever before. Endpoint protection platforms provide security and protect electronic devices from malware attacks and data breaches. They are used to protect a number of electronic devices such as smartphones, laptops, computers, tablets, and others.

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Organizations have begun investing in endpoint protection platforms to avoid breaches and ensure privacy and protection of information. FMI’s study uncovers hidden opportunities in the endpoint protection platform market, besides highlighting potential threats. Some of the key takeaways from the report are highlighted below.

Key Takeaways from the Endpoint Protection Platform Market Report

  • The endpoint protection platform market is expected to grow at a CAGR of 10% between 2020 and 2030
  • The market is projected to reach a valuation of US$ 7.8 Bn value by the end of 2030
  • The demand for endpoint protection has increased in the finance and health industry because they have been focusing on digitizing data
  • Growth witnessed in the South Asia & Pacific market is expected to be considerably high, yet North America is likely to remain dominant throughout the forecast period

COVID-19 Impact Analysis

The COVID-19 outbreak has affected various sectors including IT due to which there has been a decline in the market growth. But the increase in remote workplaces is expected to cause a rise in demand for endpoint protection platforms.

There has been an increase in cyber-attacks due to the pandemic and this has led to increasing adoptions of endpoint security solutions. Since remote working is being embraced by companies all over the globe and is expected to continue being a part of future work models, the endpoint protection platform market is predicted to exhibit positive growth trajectory through the forecast period.

Who Is Winning?

As technology is evolving, threats to security are also becoming more complex and tricky. Hence players are working to upgrade their technology and plans to improve privacy protection in devices. Cloud computing has become popular among companies as it allows employees to store data in one platform and access it from any device.

Cloud storage can be used from anywhere and at anytime. Cloud based endpoint protection platforms allow companies to secure all devices in the cloud, making it a viable option for enterprises and individuals.

Some of the key players in the endpoint protection platforms market are Carbon Black, Intel Corporation, New Net Technologies LLC, Palo Alto Networks, Microsoft, Cisco Systems, McAfee, Symantec Corporation, GoSecure Inc, Trend Micro Inc., Druva Inc., Sophos Ltd., F-Secure, Kaspersky, FireEye, CrowdStrike, Fortinet and Check Point Software Technologies.

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Valuable Insights into Endpoint Protection Platform Market

In its latest report, Future Market Insights (FMI) has presented a detailed analysis of the endpoint protection platform market with a brief analysis of the forecast period of 2022-2030. The market has been divided into several segments in order to conduct a detailed assessment.

Endpoint Protection Platforms Industry Survey

EPP Market by Solution:

  • Endpoint Protection Platforms (EPP)
  • Services
    • Professional Services
    • Managed Services

EPP Market by Deployment Mode:

  • On-premise Endpoint Protection Platforms
  • Cloud-based Endpoint Protection Platforms

EPP Market by Enterprise Size:

  • Small and Medium Enterprises (SMEs)
  • Large Enterprises

EPP Market by Industry:

  • Government and Defense
  • Banking, Financial Services, and Insurance (BFSI)
  • IT and Telecom
  • Retail and e-Commerce
  • Energy and Utilities
  • Manufacturing
  • Education
  • Others

EPP Market by Region:

  • North America Endpoint Protection Platforms Market
  • Latin America Endpoint Protection Platforms Market
  • Europe Endpoint Protection Platforms Market
  • East Asia Endpoint Protection Platforms Market
  • South Asia & Pacific Endpoint Protection Platforms Market
  • Middle East & Africa (MEA) Endpoint Protection Platforms Market

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Fleet Management Market Current and Future Demand, Analysis, Growth and Forecast By 2031

As per the revised report by Future Market Insights (FMI), the global fleet management market is expected to expand at a CAGR of 10.4% over the forecast period (2021-2031). The growth can be attributed to growing adoption of cloud computing and big data analytics solutions for streamlining fleet management operations.

The market valuation is expected to surpass US$ 11.5 Bn in 2021. Cost benefits offered by cloud-based deployments of fleet management solutions and the widespread penetration of mobile networks, with the declining costs of hardware, will drive the market for the foreseeable future.

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The COVID-19 pandemic has disrupted many industries, including the fleet management market. Services have been gravely affected including transport, tourism, and distributional services by mobility and travel restrictions for public health measures.

Disruptions in services are having an economic and trade impact, in offering inputs for economic activities such connecting supply chains and facilitating trade. However, the crisis is leading to greater adoption of online services in retail, education, health, telecom, and A/V sectors.

Suppliers are boosting efforts to enhance their online businesses as consumers adopt new habits that will contribute to long-term transition towards online services. Increased usage of online services during has highlighted connectivity and technology related inconsistencies.

Operators in developing and developed nations boosted data capacity and suspended data limits even as governments issued additional wireless connectivity spectrums to enhance service capacities.

Key Takeaways from Fleet Management Market Study

  • Support and maintenance services will hold over 59% of the market share, driven by adoption in small and medium sized enterprises.
  • Transportation applications will exhibit higher demand, holding 37.8% of the market in 2021.
  • China will lead the East Asia market, exhibiting a CAGR of over 9.1% through 2031, with growing demand for cloud-based fleet management solutions.
  • The market in the U.S. is projected to expand at a CAGR of 10% through 2031, supported by presence of key players in the market.
  • Germany will hold the lead in Europe by the end of 2031, with a CAGR of over 11.8% owing to growing prominence of data analytics and predictive maintenance trends.

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Who is winning?

The moderately consolidated fleet management market is characterized by players who are increasingly focusing on the development of new product offerings in addition to strategic geographical expansion efforts. Moreover, fleet management companies not only oversee financing and leasing, but also manage entire fleets.

Prominent players in the fleet management market include but are not limited to TomTom N.V., Trimble Inc., GoFleet Corporation, Cisco Systems, Inc., Geotab Inc., Digital Matter, GPS Trackit, Fleetmatics Group PLC, GoGPS, Wireless Links, Embitel, Gurtam, Teletrac Navman, Linxio, StreetFleet, TigerFleet, Zebra Technologies Corp., Ruptela, Trakm8 Limited, and WebEye Telematics Group, among others.

More Valuable Insights on Fleet Management Market

A revised market research report published by Future Market Insights (FMI) on the global Fleet Management market includes global industry analysis for 2016–2020 and opportunity assessment for 2021–2031.

The report provides valuable insights on the basis of component (hardware (GPS tracking devices, dash cameras, Bluetooth tracking tags, data loggers), software (fleet management software and telematics software) and services (managed services, and professional services (consulting & advisory, integration & implementation, and support & maintenance); fleet type (trucks/cars/buses, ships/vessels, aircrafts, and railcars); application (fleet tracking and geofencing, vehicle maintenance and diagnostics, driver behavior monitoring, fuel management, and others); industry (construction, manufacturing, mining, transportation, oil and gas, and others), and across six major regions.

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Market Segmentation by Category

Component:

  • Hardware
    • GPS Tracking Devices
    • Dash Cameras
    • Bluetooth Tracking Tags (BLE Beacons)
    • Data Loggers
  • Software
    • Fleet Management Software
    • Telematics Software
  • Services
    • Professional Services
      • Consulting & Advisory
      • Integration & Implementation
      • Support & Maintenance
    • Managed Services

Fleet Type:

  • Trucks/Cars/Buses
  • Ships/Vessels
  • Aircrafts
  • Railcars

Application:

  • Fleet Tracking and Geofencing
  • Vehicle Maintenance and Diagnostics
  • Driver Behavior Monitoring
  • Fuel Management
  • Others

Industry:

  • Construction
  • Manufacturing
  • Mining
  • Transportation
  • Oil and Gas
  • Others

Region:

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

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Drain Cleaning Equipment Market Current Scenario and Industry Growth Forecast with Major Key Players data by 2032

The drain cleaning equipment market is expected to witness lucrative growth opportunities over the forecast period with a CAGR of 6.0% from 2022 to 2032 with a valuation of US$ 234.6 Mn in 2022 and is likely to be valued at US$ 418.9 Mn by 2032.

According to the historic evaluation, the global drain cleaning equipment market thrived at a CAGR of around 5.1% from 2016 to 2021. The demand for drain cleaning equipment is on the surge to preserve water, wastewater, and sewer utilities. However, it is not an easy task to retain the drainage and piping system. Hence, the adoption of drain cleaning equipment is considered to be a significant but often overlooked aspect of health facilities.

According to a global study on the drain cleaning equipment market, it explains that various types of materials are responsible for drainage blockage, and this blockage might be hard to acquire which can make the removal process difficult. The drain cleaning equipment aids help in the removal of blockages in areas and clearing the drainage system. This is an easy method to solve through this equipment which is anticipated to increase the drain cleaning equipment market share.

Key Takeaways

  • The drain cleaning equipment comprises both hand tools and power tools. One of the common misconceptions regarding drain cleaning equipment is that one machine is able to handle all drain issues. However, it is not the case, since there are several issues at multiple locations and various sizes of systems. Different equipment is built to resolve a different issue effectively and is likely to surge the sales of drain cleaning equipment in recent years.
  • The drain cleaning equipment market survey reveals that one of the major factors responsible for the surge in the demand for drain cleaning equipment requirements during the forecast period is due to significant investments by state and federal governments in the operation and maintenance of water, wastewater, and sewer utilities.
  • According to a survey conducted by the American Society of Civil Engineers (ASCE), substantial growth is witnessed in the drain cleaning equipment segment due to the rise in the quality of wastewater treatment plants. Owing to the growth of these targeted markets the drain cleaning equipment market is expected to propel.
  • The utilization of traditional hand tools such as plungers and augers are usually observed in household applications, owing to their low cost, which leads to the high penetration of these products. These factors are propelling the drain cleaning equipment market’s growth in recent years.

Competitive Landscape

The prominent market players in the drain cleaning equipment market are significantly contributing to the growth by embracing several skillful methods including mergers, partnerships, collaborations, and others. These players are developing products as per customers’ requirements which directly increases the market growth in coming years. Competitors work on problem-solving skills along with the long price range to target multi-class.

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More Insights into the Drain Cleaning Equipment Market

North America is expected to lead the global market for drain cleaning equipment by accounting for about 31% of the share throughout the forecast period. Owing to the rising government support and investments in implementation & development, the drain cleaning equipment market size is predicted to grow at an opulent pace over the years.

The United States is known to be the leading country in the North American market by accounting for the highest sales of drain cleaning equipment products. The region is expected to attract a plethora of lucrative business opportunities to maintain and clean its robust drainage systems in various densely populated cities.

Europe is considered the fastest growing region in the drain cleaning equipment market as it is expected to account for 27% of the share during the forecast period. The growth is attributed to the rising housing demand is one of the foremost drivers of growth in Europe’s construction sector. Germany and the United Kingdom are experiencing exponential growth in their construction sectors, fueling the demand for drain cleaning equipment.

Key Segments:                                            

By Product Type:

  • Drain Cleaning Hand Tools
  • Drain Cleaning Auger
  • Drain Cleaning Hand Spinners
  • Drain Cleaning Plungers
  • Drain Cleaning Sewer Tapes
  • Drain Cleaning Power Tools
  • Drain Cleaning Sink Machines
  • Drain Cleaning Drum Machines
  • Drain Cleaning Sectional Machines
  • Drain Cleaning Water Jetters
  • Drain Cleaning Rodder Machines

By Application:

  • Municipal
  • Residential
  • Industrial

By Sales Channel:

  • Distributors
  • Retail Outlets
  • Online Sales

By Region:

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

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Motor Winding Repair Service Market 2022 | Current and Future Demand, Analysis, Growth and Forecast By 2032

Enlightening standards of living and intensifying disposal income are projected to outgrowth the production of motor vehicles and electronic appliances, these factors are accelerating the global motor winding repair service market. Furthermore, huge demand primarily for industrial users, in the replacement market is also boosting the global motor winding repair service market during the forecast period.

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It is anticipated that End-User segment is dominating in the global motor winding repair service market owing to increasing motor demand from consumer for improving living standards and high demand of luxury vehicle. Furthermore, increasing industrialization in entire segment industry is enforcing the global motor winding repair service market during the forecast period.

Region-wise Outlook:

The Asia Pacific region is anticipated to witness the fastest & highest growth during the forecast period on account of the amassed sales and production of electric vehicles. Furthermore, continuous increasing the production of motor driven system, for instance, household application, industrial application and automotive industry, in major countries such as China, India, South Korea and Singapore. Europe and North America are anticipated to witness a growing inclination for these yields. Furthermore, Latin America is growing the global motor winding repair service market owing to continuing development of the mining industry. On the other hand, Middle East & Africa is also generating significant revenue from oil & gas sector as well increasing hydrocarbon processing machinery during the forecast period.

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

Regional analysis includes:

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

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic 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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Key Participants:

The Key Participants of the global motor winding repair service market are following:

  • Integrated Power Services, LLC.
  • Delba Electrical
  • Continental Group
  • Excel Apparatus Services, Inc.
  • Whelco Industrial
  • EMW PRODUCTIONS, LLC
  • Smith Services
  • Electric Motor Rewinding Company Albury
  • Lloyd Electric Co., Inc
  • Rogers Electric Motor Services
  • ROGERS ELECTRIC & MACHINE
  • A Plus Winding Services, Inc

Damage coil replaced by the new coil that result of improved motor efficiency and motor winding repair service provides cost-effective solution, Rewinding associated 40% cost of new units. Properly motor winding may use as eco-friendly choice, owning to the Increasing adaptation of advance stator lamination. It is anticipated that oversizing of motor for increasing the efficiency and loading may hike the global motor winding repair service market in the forecast period. Furthermore, high grade material and tighter manufacturing tolerance may accelerate the market in future.

Lack of knowledge associated with motor winding material may hinder the global motor winding repair service market in the forecast period. For instance, if the coil from the stator core is stripped at a high temperature prior to rewinding, the electrical characteristics of the core steel can change, leading to higher losses in iron, and lowered efficiency.

By Segmentation:

By Type:

  • AC. Motor
  • DC. Motor

By Power Output:

  • Integral HP Output
  • Fractional HP Output

By End-User:

  • Oil & Gas Industry
  • Automotive Industry
  • Mining Industry
  • Paper & Cement Industry
  • Petrochemical
  • Power Generation Industry
  • Wind Power
  • Nuclear Power
  • Hydro Power
  • Fossil Power
  • Household Appliances
  • Aerospace & Transportation
  • Others

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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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