Flexible Electronics Market
The Flexible Electronics Market is expected to grow at a remarkable CAGR during the forecast period (2020-2027). The Factors driving the growth of Flexible Electronics Market includes growing demand for consumer electronics around the world, increasing number of smart cities. According to the report published by IHS Markit, the total number of smart cities worldwide are predicted to reach 88 by the end of 2025, with Asia Pacific claiming the highest number of smart cities, which will boost the Global Flexible Electronics Market in the approaching years. Moreover, the increasing application of flexible electronics in the end-use industries such as Healthcare, Automotive and Defense and Aerospace and growing consumers preference for portable light weight devices, are some of the additional factors augmenting the Flexible Electronics Market size. In addition, the integration of advanced technologies such as Artificial Intelligence (AI), Internet of Things and Data analytics along with favorable Government policies for accelerating the manufacturing of consumer electronics, are further propelling the market growth. However, the growth of Flexible Electronics Market is hindered due to high cost of raw materials and capital cost. The prominent players operating in the market are Royole Corporation, Imprint Energy, PragmatIC Semiconductor Limited, E Ink Holdings Inc., Blue Spark Technologies, AU Optronics Corp., FlexEnable Limited, and Elephantech Inc., Samsung Electronics Co., Ltd. and LG Electronics Inc. among others. Application – Segment Analysis Based on application, the display segment is predicted to grow at faster CAGR over the forecast period. The growing demand for consumer electronics such as television, laptop, tablets, smartphones, and computers along with increasing adoption of Organic Light Emitting Diode- (OLED) displays, are some of the factors responsible for the growth of the segment. End-User – Segment Analysis Based on end-user, the healthcare segment is anticipated to capture sizeable market share during the forecast period attributed to increasing use of flexible electronics in X-Rays detectors, lab-on-chip devices, and health monitoring devices. Regional – Segment Analysis Based on region, the Asia-Pacific region is projected to expand at a robust CAGR over the forecast period owing to increasing demand for consumer electronics items such as smartphones, laptops, and television, rise in the Foreign Direct Investment (FDI) inflows in the electronics industry and rising disposable income, are some of the important factors influencing the market growth in Asia-Pacific region. As per, FDI Manager, the total FDI inflows in the Electronic Sector in India was calculated at around USD 451.9 million during 2018-2019 and the smart users in India are anticipated to increase by 84% by the end of 2022. Market Segmentation Global Flexible Electronics Market by Application
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Material Handling Equipment MarketThe Material Handling Equipment Market is poised to reach USD 28,642 million by 2028, expanding at an annual rate of 7.4% over the forecast period. Material handling equipment is an automatic tool used to move, store, manage, and prevent products throughout the production process. They help improve customer services, reduce delivery time and decrease handling costs.
Request For a FREE Sample Report on Material Handling Equipment Market Growth in the material handling equipment market is driven by strategic government initiatives to support new infrastructural development. Rising demand for better storage, safe transportation of goods, enhanced productivity in production plants and warehouses, and flexibility in warehouse activities will stimulate market growth. Further, the material handling equipment market research projects that the advent of innovative technologies such as cloud computing, artificial intelligence, 3D vision technology, and nanotechnology is projected to propel market growth. A surge in the number of automotive, construction, aviation, and healthcare industries along with the mounting cost of labor are likely to expand the material handling equipment market growth. In 2021, the widespread outbreak of coronavirus fuelled the demand for automated solutions in the manufacturing industry. The intensified investment in automated solutions in the manufacturing industry over the forecast period will propel market growth. However, as per the material handling equipment market report, the huge setup cost of material handling cost and the unavailability of a trained workforce will restrain the market growth. The e-commerce industry is anticipated to hold a larger share over the forecast period, owing to the augmenting adoption of material handling systems for the effective management of supply chains across the e-commerce sector. According to UNCTAD, the international sales on e-commerce platforms, including business-to-business (B2B) and business-to-consumer (B2C) sales, touched $26.7 trillion globally in 2019, with a surge of 4% from 2018. Material Handling Equipment Market Segmentation: Material Handling Equipment Market by Equipment Type
GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions. Media Contact Company Name: GMI RESEARCH Contact Person: Sarah Nash Email: [email protected] Phone: Europe – +353 1 442 8820; US – +1 860 881 2270 Address: Dublin, Ireland Website: www.gmiresearch.com Cloud Computing MarketThe Cloud Computing Market size is likely to expand at a CAGR of 19.6% during the forecast period. Cloud computing helps organizations use remote servers to manage, store, and process private data. The growing volume of data generated on websites and the increasing emphasis on providing customer-centric solutions in order to drive customer satisfaction will strengthen the market growth.
Request for a FREE Sample Report on Cloud Computing Market Cloud Computing Market Dynamics The growth in the cloud computing market is driven by the increasing deployment of big data and accelerating penetration of internet and smart devices. Also, several industries across the nation are undergoing digital transformation, which is another factor fuelling the market growth. Further, as per the Cloud Computing Market report, the increasing adoption of 5G, Internet of Things, and Machine Learning with the growing use of real-time analytics by Artificial Intelligence will encourage the adoption of cloud technology among large enterprises. The increasing adoption of Software as a Service, Infrastructure as a Service (SaaS), and Platform as a Service (Paas), especially among SMEs is another factor proliferating the market growth. Government across the developed and developing nations, is focussing on introducing initiatives and programs to encourage the adoption of innovative technologies across different industries. The UAE Government introduced digital initiatives and programs such as Digital Invoicing, Smart Dubai, and 5G to offer growth opportunities to the market. Moreover, organizations are mainly emphasizing on providing an outstanding experience to the customers, which is another major factor contributing to the Cloud Computing Market share. The evolution of the coronavirus has introduced organizations with a new way of working. The drift towards work from home trend to manage business continuity, protect the well-being, and safety of workers has generated enormous opportunities for cloud services such as Software-as-a-Service (SaaS)-based collaboration solutions. Market Segmentation Cloud Computing Market by Service Model
GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions. Media Contact Company Name: GMI RESEARCH Contact Person: Sarah Nash Email: [email protected] Phone: Europe – +353 1 442 8820; US – +1 860 881 2270 Address: Dublin, Ireland Website: www.gmiresearch.com For More Info: sports technology market video streaming market PCR Technologies Market 5G Security Market Parking Management MarketThe Parking Management Market size is projected to expand at a 10.7% CAGR over the forecast period. A surge in the number of vehicles has raised the need for an effective management system to manage parking issues. The accelerating incidences of accidents and environment hazards are other factors fuelling the parking management market size.
Request for a FREE Sample Report on Parking Management Market Parking Management Market Dynamics Traffic congestion leads to several problems, especially in densely populated large cities. It also contributes to environment hazards, such as air and noise pollution. The deployment of smart phones, cloud software, and GPS helps in development of easy way-finding mobile application that help drivers to find out nearest vacant parking space. The increasing demand for real-time data to find out the availability of car park spaces is expected to drive the parking management market share. The increasing adoption of park management systems at airport, shopping centers, and offices will further encourage the market growth. With the evolving technologies, various urban areas are moving towards converting them into smart cities. Government across the world have adopted various smart city initiatives which will provide huge growth opportunities to the smart parking management solution providers. Smart cities need user friendly, flexible, and space-effective parking management systems. As per the Parking Management Market research report, the ongoing technological innovations such as e-payments Internet of Things and wireless parking sensors are projected to improve the customer experience and thereby promoting the market growth. For example, e-payments using bank wallets and the internet have immensely contributed to the parking management system market growth. Offering Segment Analysis The solutions segment is expected to hold the largest share in the parking management market. Solutions help to manage non-transient and transient vehicles payment in parking facilities. The growing demand for management solutions to find out the exact prices of all parked cars is pushing the market forward. Furthermore, the lack of empty spaces and lands for parking of cars across residential and commercial areas has raised the demand for parking management solutions. Market Segmentation Parking Management Market by Offering
GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions. Media Contact Company Name: GMI RESEARCH Contact Person: Sarah Nash Email: [email protected] Phone: Europe – +353 1 442 8820; US – +1 860 881 2270 Address: Dublin, Ireland Website: www.gmiresearch.com For More Info: CLOUD-BASED CONTACT CENTER MARKET MOBILE VIRTUAL NETWORK OPERATOR (MVNO) MARKET Blockchain in Energy Market media monitoring tools market Armored Vehicles MarketAs per the GMI Research report, the armored vehicles market is anticipated to witness a CAGR of 5.8% over the forecast period. Armored vehicles are used in several applications in defense and commercial uses. The adoption of unmanned combat vehicles and the rising demand for bulletproof vehicles will drive the market growth.
Request for a FREE Sample Report on Armored Vehicles Market Armored Vehicles Market Dynamics The demand within the global armored vehicles has been growing on account of innovations in the defense industry of various regions. The prevalence of various leading entities within a nation’s defense sector needs the better weaponry and equipment. With the rising terrorism and cross-border conflicts will create huge opportunities for the market. The government is mainly investing in their defense industry and have introduced military advancement plans, which will proffer the market growth. Government across several nations have proactively raised the utilisation of sophisticated machinery to handle emergencies resulted by insurgencies and militant attacks. This expansion has bolstered the Armored vehicles market size. Besides this, as per the global Armored vehicles market report, the emphasis towards protecting soldiers and the evolving awareness about commercial safety has persuaded the defense and military industry to choose armored vehicles. However, the scarcity of major OEMs in the Middle East and Asia Pacific Region and the rising cases of electric failure in the vehicles is likely to restrain the Armored vehicles market share. Regional Drivers On the basis of the region, the Asia-Pacific region will witness a substantial CAGR in the global Armored Vehicles market during the forecast period. This is attributed to the intensified expenditure on defense operation by developing economies, and the surge in terrorism activates in this region. Growing defense budgets in Asian countries, primarily China and India and the augmenting acquisition of armored vehicles for their military operation will further strengthen the market growth. About GMI Research GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions. Media Contact Company Name: GMI RESEARCH Contact Person: Sarah Nash Email: [email protected] Phone: Europe – +353 1 442 8820; US – +1 860 881 2270 Address: Dublin, Ireland Website: www.gmiresearch.com For More Info: Military Robots Market In-flight Entertainment & Connectivity Market Aircraft Seating Market Aircraft Seat Actuation System Market Digital Scent Technology MarketThe global Digital Scent Technology Market is projected to witness a considerable CAGR of 11.8% over the forecast period. The increasing usage of digital scent technology in military sector because of the growing incidences of bomb blasts has accelerated the market growth.
Request for a FREE Sample Report on Digital Scent Technology Market Digital Scent Technology Market Dynamics Digital scent technology is an essential application for e-nose. Digital scent allows the transmission of odor over the internet. The increasing adoption of digital scent technology in the medical industry because of the enforcement of e-nose in clinical prognosis will stimulate the Digital Scent Technology market share. In parallel, it is used in aromatherapy to treat various diseases by using a different type of smell. For instance, NASA, in 2021, executed E-nose to perceive COVID-19 by discovering a person’s breathe. It also finds its usage in aromatherapy for curing several diseases by deploying a different type of smell. Earlier NASA’s E-nose helps in administering air quality inside spacecraft via smartphones. NASA’s initiative was financed by the Department of Health and Human Services with USD 3.8 million to improve E-nose technology. As per the Digital Scent Technology market analysis, the aggravating adoption of Digital scent technology in several industries such as defense, security, and food and beverage industry will propel the market growth. E-nose introduced in food & beverages to identify the odors in raw material while in defence and security, digital scent technology helps in detecting the hazardous material. For instance, Intel and Cornell University has established neuromorphic test chips which operates on mathematical algorithms and the database consists of the data cumulated by 72 Food & Beverages sensors to 10 gaseous substances. End-Use Industry Segment Drivers The c projects that by end-use industry, the healthcare segment is likely to witness a noteworthy growth over the forecast period. This is because of the aggravating adoption of e-nose in the healthcare industry. For instance, diabetic patients exhale immense volatile organic substances such as acetone. Also, the application Implementation of digital scent technology to treat diabetes will elevate the Digital Scent Technology market size. About GMI Research GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions. Media Contact Company Name: GMI RESEARCH Contact Person: Sarah Nash Email: [email protected] Phone: Europe – +353 1 442 8820; US – +1 860 881 2270 Address: Dublin, Ireland Website: www.gmiresearch.com For More Info: GCC Interactive Robots Market Virtual Reality Market Laser Technology Market Image Sensor Market Industrial 3D Printing Market Citric Acid MarketThe global Citric Acid Market is anticipated to expand at a rate of 4.65% over the forecast period. This is because of the continuously accelerating population in the world demanding sophisticated pharmaceuticals to treat several health issues.
Request for a FREE Sample Report on Citric Acid Market Citric Acid Market DynamicsThe increasing usage of citric acid as an antioxidant, preservative, compounding, flavoring, and chelating agent in various applications such as soups, bakery, beverages, sweets, confectionery, and savory snacks is one of the foremost forces anticipated to proliferate the market growth. Also, citric acid helps to conserve cosmetic, cleaning products, and medicines which will proffer huge opportunities for market growth. Moreover, the growing usage of citric acid as disinfectants and insecticides to help exterminate bacteria and viruses has stimulated market growth. Besides this, the perforation in the food industry and the growing usage of food additives in processed foods has elevated the market growth. Furthermore, the growing demand for safe food & drinks will drive the Citric Acid Market size. However, the inauspicious effects of citric acids, such as stomach pain and swelling caused by their excessive consumption, may restrain the market growth. In addition, the extraction of citrus additives is exceptionally costly, which is projected to hamper the Citric Acid Market growth. Application Segment DriversBased on the application, the food and beverage segment is expected to expand at a significant rate over the forecast period. This is because of the increasing application of citric acid as an aromatic substance and protecting agent in the food and beverage industry. Moreover, as per the Citric Acid Market forecast, the usage of citric acid in soft drinks and candies to offer an acidic and refreshing flavor, cheese production in the dairy industry, and processed frozen foods to reduce their deterioration rate will bolster the market growth. About GMI Research GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions. Media Contact Company Name: GMI RESEARCH Contact Person: Sarah Nash Email: [email protected] Phone: Europe – +353 1 442 8820; US – +1 860 881 2270 Address: Dublin, Ireland Website: www.gmiresearch.com For More Info: China Infant Formula Market Meal Replacement Products Market Industrial Hemp Market North America Plant-based Condiments, Dressings and Mayo Market Collagen Peptide Market
Global Business Software and Services MarketThe global Business Software and Services Market is experiencing a surge of 11.3% over the forecast period. The increasing adoption by enormous organizations to raise functional efficiency by incorporating administrative systems in a single program is anticipated to strengthen the growth of the market.
Request for a FREE Sample Report on Business Software and Services Market Business Software and Services Market DynamicsThe augmenting acquisition of sophisticated technologies such as artificial intelligence, blockchain, and hybrid architecture has strengthened the growth of the global Business Software and Services Market. Artificial intelligence has started submerging the domains and has raised the slab for automation across the nation. The media, telecommunication, and media companies have perceived a significant switch in their selling and delivering manner, which has steered the market growth. Organizations across the nation have raised their operational scale to serve a more significant part of the market. This has stimulated the need for business software in organizations. Also, the increasing application of cloud-based platforms has precipitated the demand for cloud-based services and software solutions amongst small and medium organizations because of several advantages such as elasticity, cost-efficiency, and mobility. These services involve data safety, system upgradation, and data backup. On the other hand, the inflated price value of the software and services is one of the prime reasons responsible for restraining the market growth. In addition, the inadequate number of competent labor is also likely to hamper the market size. Deployment Segment Drivers By deployment, the cloud segment is anticipated to apprehend a prominent share over the forecast period. Cloud services are largely used by various users to obtain data from distant locations in a relaxed manner and reduce the need for physical update in enterprises. About GMI Research GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions. Media Contact Company Name: GMI RESEARCH Contact Person: Sarah Nash Email: [email protected] Phone: Europe – +353 1 442 8820; US – +1 860 881 2270 Address: Dublin, Ireland Website: www.gmiresearch.com For More Info: Location Based Services Market Gaming Simulators Market In-building Wireless Market Mobile Payment Market Wi-Fi Analytics Market Global Frozen Bakery Products MarketGlobal Frozen Bakery Products Market is expected to surge up with a rate of 8% over the forecast period. The accelerating number of working professionals accompanied by the growing prominence of packaged foods has proliferated the market growth.
Request for a FREE Sample Report on Frozen Bakery Products Market Frozen Bakery Products Market Dynamics The increasing inclination of consumers towards standard and reconciliation in having nutritious products stands to be the prime force supplementing the growth of the global frozen bakery market. The increasing agitation towards health among the individuals has proffered them a considerable chance to integrate functional bakery ingredients such as probiotics, oats, cereals, legumes, and guarded margarine to cater a huge consumer base. Further, the busy schedules and the accelerating working population has strengthened the market size. Thus, all these factors have raised the number of specialty bakery shops throughout the nation. Moreover, the surging demand for bakery items due to enlarged shelf life, cost-efficiency, and easy availability to consumers across the world has strengthened the market size. In addition, the reduced usage of sugar in bakery filings will captivate huge consumers towards market. For instance, Cargill in 2021 invested nearly 45 million USD in Poland to reckon soluble fibre in its European product portfolio of bakery, confectionery, and sweeteners to proffer consumers sugar free products. Also, the evolution of the coronavirus crisis has raised the agitation towards health among consumers. Thus, individuals have reduced their visitation to supermarkets and prefer to stockpile ready – to – eat bakery items in their homes, as stated by the Freybadi Chocolates which acts as a steering force for the market. Furthermore, the switch in the consumer’s preference towards processed bakery items has bolstered the market growth. Moreover, the increasing consciousness towards health among people has stimulated the demand for nutritious cookies & cakes and bread with high fibre and better nutritional value will contribute to the market growth. However, the rising agitation towards deterioration of sponges and pizza base because of the fungal attacks may hinder the growth of the market. About GMI Research GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions. Media Contact Company Name: GMI RESEARCH Contact Person: Sarah Nash Email: [email protected] Phone: Europe – +353 1 442 8820; US – +1 860 881 2270 Address: Dublin, Ireland Website: www.gmiresearch.com For More Info: Kombucha Market Caviar Market Non-Thermal Pasteurization Market Beverage Stabilizers Market Antifreeze Proteins Market |
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