Hydrogen Electrolyzer Market Revenue Growth Predicted by 2032
The global hydrogen electrolyzer market is expected to grow at a CAGR of 24.2% over the forecast period of 2022-2032. The market valuation is set to reach US$ 3.7 Billion by the end of 2032. Rising demand for hydrogen gas across various end-use sectors is estimated to drive growth in the hydrogen electrolyzer market during the forthcoming years.
Development of new technologies to reduce the operational cost of hydrogen electrolyzers... moreHydrogen Electrolyzer Market Revenue Growth Predicted by 2032
The global hydrogen electrolyzer market is expected to grow at a CAGR of 24.2% over the forecast period of 2022-2032. The market valuation is set to reach US$ 3.7 Billion by the end of 2032. Rising demand for hydrogen gas across various end-use sectors is estimated to drive growth in the hydrogen electrolyzer market during the forthcoming years.
Development of new technologies to reduce the operational cost of hydrogen electrolyzers is anticipated to fuel the market. Moreover, rising awareness about the harmful effects of carbon emissions worldwide are set to create new growth opportunities in the market.
By product type, sales of PEM electrolyzers are expected to grow at a CAGR of 25.2% during the forecast period.
By outlet pressure, the low (<= 10 bar) segment is anticipated to dominate the market and is expected to account for about 2/3rd of the share.
By end use, the transportation segment is projected to lead the hydrogen electrolyzer market and create an absolute $ opportunity worth US$ 905.5 Mn in 2032.
In terms of region, the Europe hydrogen electrolyzers market is estimated to exhibit a CAGR of 24.1%.
“Increasing demand for hydrogen fuel due to rising investments in novel programs for reducing carbon emissions globally is set to create new growth opportunities for companies in the hydrogen electrolyzers market,” says a FMI analyst.
Leading Companies Profiled in Hydrogen Electrolyzer Market are
Nel Hydrogen
Siemens AG
McPhy Energy
ITM Power Plc
Tianjin Mainland Hydrogen Equipment Co. Ltd
Gaztransport & Technigaz
Giner Inc.
GreenHydrogen Systems
iGas Energy GmbH
Beijing CEI Technology Co., Ltd.
Next Hydrogen
Air Liquide
Ballard Power Systems
Enapter
Plug Power Inc.
Bloom Energy
others
Manufacturers are strategically collaborating with technology companies for co-developing new products and gaining a competitive edge. A few others are looking forward to helping the oil and gas industry by providing technologically advanced products.
Low (<= 10 Bar)
Medium (150 Bar–40 Bar)
High (> 40 Bar)
By End Use:
Ammonia
Methanol
Refining/ Hydrocarbon
Electronics
Energy
Power to Gas
Transport
Metal Production & Fabrication
Pharma & Biotech
Food & Beverages
Glass Industry
Other Industrial
Gas Detection Equipment Market Set for Rapid Growth by 2032
According to Future Market Insights, the global gas detection equipment market is expected to grow from US$ 4,321.3 Million in 2022 to US$ 7,288.1 Million by 2032, with overall sales exhibiting a CAGR of 5.4% CAGR from 2022 to 2032.
Rapid growth of industries like oil & gas and mining across the world along with a growing focus towards enhancing worker safety is a key factor driving demand for gas detection equipment.
Get Your Sample... moreGas Detection Equipment Market Set for Rapid Growth by 2032
According to Future Market Insights, the global gas detection equipment market is expected to grow from US$ 4,321.3 Million in 2022 to US$ 7,288.1 Million by 2032, with overall sales exhibiting a CAGR of 5.4% CAGR from 2022 to 2032.
Rapid growth of industries like oil & gas and mining across the world along with a growing focus towards enhancing worker safety is a key factor driving demand for gas detection equipment.
Similar to this, new, cutting-edge technologies that can improve employee safety, minimise risk, and give relevant information at the workplace are predicted to raise demand for gas detection equipment globally. During the course of the projected period, the market will grow more swiftly due to rising worldwide mining activity and growing oil and gas industry facilities.
Furthermore, within the future decade, there will be a significant need for gas detection equipment due to the implementation of workplace safety requirements and the necessity of avoiding gas leaks to safeguard both people and the environment.
As a value-added proposition, relevant manufacturers in the market provide their clients with a variety of after-sales service packages and field support services. They are also focusing on the production & development of advanced & end-user-specific custom products to achieve maximum sales. The market’s income will be supported and fueled by a variety of activities, such as repair help, maintenance services, replacement services, technical services, and equipment downtime monitoring.
Key Takeaways from Gas Detection Equipment Market Study
Based on product type, the fixed gas detector segment currently holds around 52.1% of the volume share of the global market.
By end-use industry, the oil & gas industry is set to hold around 30.6% of the market share on a value basis by the end of the forecast period.
In terms of sensor technology, the electrochemical sensor technology segment is expected to grow at a CAGR of 5% during the forecast period.
South Asia & Pacific gas detection equipment market is expected to grow at a CAGR of 7.5% over the assessment period.
North America holds around 25.4% share of the global gas detection equipment market.
Germany held approximately 18.6% share of the Europe gas detection equipment market in 2021
Key Segments Covered in Gas Detection Equipment Industry Analysis
By Product Type:
Fixed Gas Detector
Portable Gas Detector
By Type of Gas Detection Technology:
Single Gas
Multi-Gas
By Type of Gas:
Combustible
Toxic
Oxygen
Dedicated
By End-Use Industry:
Oil and Gas
Mining
Industrial
Building Automation
Others
By Sensor Technology:
Electrochemical
Infrared
Metal Oxide
Catalytic
Zirconia
Others
Wear Plates Market to Witness a Healthy Growth by 2031
The global wear plate market is expected to register year-on-year growth of 5.1% in 2021, reaching US$ 6.9 Billion by the end of 2021. Wear plates are used in a variety of end-use sectors to assure the long-term safety of the equipment.
Because it lasts longer than any other steel, it also costs less to maintain. The weight of the equipment is reduced by 30–40% thanks to wear-resistant steel plates. As a result, between 2021 and 2031, the ... moreWear Plates Market to Witness a Healthy Growth by 2031
The global wear plate market is expected to register year-on-year growth of 5.1% in 2021, reaching US$ 6.9 Billion by the end of 2021. Wear plates are used in a variety of end-use sectors to assure the long-term safety of the equipment.
Because it lasts longer than any other steel, it also costs less to maintain. The weight of the equipment is reduced by 30–40% thanks to wear-resistant steel plates. As a result, between 2021 and 2031, the global market for wear plates is expected to develop at a CAGR of 6.3%.
Due to rising demand from end-use applications, North America is expected to maintain its position as a significant wear plate market regionally over the forecast period. Through 2031, sales in North America are anticipated to grow rapidly at a CAGR of 7.0%.
2016-2020 Global Wear Plate Market Outlook Compared to 2021-2031 Forecast
Future Market Insights (FMI) predicts that the market for wear plates will rise rapidly in the near future as a result of the increase of end-use industries and manufacturing applications.
During the course of the forecast period, demand for wear plates is anticipated to rise as a result of expanding applications in the waste management, pulp & paper, chemicals, and other industries. Growing R&D initiatives will consequently spur the market for wear plates to grow more quickly.
Historically, the wear plate market grew at 2.0% CAGR between 2016 and 2020. Increasing material cost and lack of professional labour hampered the demand for wear plates in various end-use sectors, severely impacting the growth.
As per FMI, the sales in the wear plate market are likely to increase at a CAGR of 5.8%, in terms of volume over the assessment period of 2021-2031. Growth in the market is attributable to increasing applications in mining, power generation, steel & aluminium mills, and others.
Will Increasing Application in End-Use Industries Propel the Sales of Wear Plates?
Wear plates protect the equipment by coating it with a protective layer. It aids in the prevention of damage and ensures proper usage, extending the usable life of each piece of equipment.
Every movement creates abrasion as the mechanical pieces, which are usually made of metal, grinding against each other. If it breaks, the replacement cost and the cost of unwanted downtime, will be inefficient.
Protecting the most vulnerable parts of the equipment with protective covers is one way to prevent harm. Hence, end users are providing safe and secure communication between suppliers and customers to protect the machinery.
Competitive Landscape
Over the past few years, numerous acquisitions and expansion activities has been witnessed to improve the supply of the wear plate market. Several key players are also focusing on improving the efficiency of products for various applications.
Meanwhile, some of the manufacturers are establishing their manufacturing facilities for the untapped potential and to strengthen their global presence, especially in U.S., India, Germany, and China.
For Instance,
In 2021, ArcelorMittal has announced that its Sestao steel facility in Spain will be the first full-scale zero-carbon steel plant in the world. The Sestao facility will produce zero carbon emissions by using green hydrogen and renewable electricity. the Sestao facility – which produces flat steel products for the automotive and construction industries as well as general industry.
In 2021, Bennes Vincent was the first tipper body manufacturer in France to introduce a new Hardox 500 Tuf steel-only product range. Bennes Vincent’s revolutionary “Multi-Blocs” rear tippers have taken the market by storm a year after their launch, promising end-users decreased tare weight, more payload and hence improved profitability.
In 2020, ASGCO is expanding and relocating its headquarters to a new facility in Nazareth, Pennsylvania. ASGCO has purchased 19 acres in eastern Pennsylvania and is now constructing a new facility to fulfill the increased demand for their products and services.
Regenerative Blowers Market to Witness Stunning Growth by 2033
The regenerative blowers market is predicted to register a valuation of US$ 941.2 million in 2023 and is anticipated to rise to US$ 1,393.21 million by 2033. The market is projected at a CAGR of 4.0% during the forecast period.
Market expansion is fueled by rising consumer demand for low-maintenance gadgets, floor cleaning, and dust removal. Regenerative blowers are increasingly in demand from food and beverage producers to dry foo... moreRegenerative Blowers Market to Witness Stunning Growth by 2033
The regenerative blowers market is predicted to register a valuation of US$ 941.2 million in 2023 and is anticipated to rise to US$ 1,393.21 million by 2033. The market is projected at a CAGR of 4.0% during the forecast period.
Market expansion is fueled by rising consumer demand for low-maintenance gadgets, floor cleaning, and dust removal. Regenerative blowers are increasingly in demand from food and beverage producers to dry food goods. Regenerative blowers are becoming more and more necessary to safely keep food as a result of consumers' evolving eating patterns, including a desire for prepared and preserved meals.
The healthcare industry's adoption of regenerative blowers for dental vacuum and evacuation is driving market expansion. Sales of regenerative blowers are rising as a result of the growing need for wastewater treatment and the scarcity of water resources. The market size is being supported by government programmes, projects, significant investments, cutting-edge technology, and R&D efforts.
Key Takeaways:
The regenerative blowersmarket is expected to have a valuation of US$ 1,393.21 million by 2033.
With an expected CAGR of 4.0%, the global market is set to rise from 2023 to 2033.
The Asia Pacific regenerative blowers marketis anticipated to secure a maximum share through 2033.
In the historical period, the market secured a CAGR of 3.5% between 2017 and 2022.
In the historical period, the market captured US$ 909.37 million between 2017 and 2022.
The aquaculture segment is expected to secure a growth rate of 2.5% by 2033.
Who is Winning?
The key players are playing a crucial role by investing huge amounts in research & development activities in the global market. The players are innovating unique and advanced products as per end-user demand. These players focus on developing new regenerative blowers with better quality by adopting various marketing tactics and deep analysis.
Prominent vendors are opening several manufacturing plants all around the globe due to increasing consumer requirements. The marketing strategies adopted by key players are collaborations, mergers, acquisitions, agreements, partnerships, and product launches.
Other Key Players in the Regenerative Blowers Market are:
Busch LLC
Eurus Blowers
Ametek Inc.
Hitachi Limited
Gardner Denver
KNB Corporation
Busch SE
Elektron Airsystems GmbH
Atlas Copco
Aerzen
Ingersoll Rand
Xylem
Kaeser Kompressoren
Air Control Industries
Eurus Blowers
Everest Blowers Pvt. Ltd.
ZCJSC
Shandong Zhangqiu Blower Co. Ltd.
Aerzener Maschinenfabrik GmbH
Manvac Technik Limited
Turbo Blower Manufacturer
Recent Developments in the Market are:
In January 2020, Xylem announced its new technology product launch for wastewater, water, and energy in Singapore. The main aim behind this launch is to expand the business on the treatment and distribution of water.
In 2019, Busch Vacuum Solutions acquired Jennings Associates Inc. to upsurge its portfolio to provide better services to its customers in the Eastern Central Region.
Regenerative Blowers Market by Category
By Stage:
Single-stage
Three-stage
Two-stage
By End User:
Water & Wastewater Treatment
Oil & Gas, Food & Beverages
Chemical
Medical & Healthcare
Aquaculture
Industrial
Others
By Region:
North America
Latin America
Europe
South Asia & Pacific
East Asia
The Middle East & Africa (MEA)
Fault-Tolerant Servers Market Future Strategies and Growth Forecast till 2027
One of the most crucial duties of the IT department in every company now is to maintain mission-critical software. A failover can affect the operation of an application even when cutting-edge solutions provide a dependable high-availability solution. Businesses across a wide range of industries are heavily investing in fault tolerant server solutions in order to achieve virtually zero downtime due to the serious finan... moreFault-Tolerant Servers Market Future Strategies and Growth Forecast till 2027
One of the most crucial duties of the IT department in every company now is to maintain mission-critical software. A failover can affect the operation of an application even when cutting-edge solutions provide a dependable high-availability solution. Businesses across a wide range of industries are heavily investing in fault tolerant server solutions in order to achieve virtually zero downtime due to the serious financial and business losses that can result from server damage.
Moreover, fault tolerant servers give mission-critical businesses ways to deal with planned and unanticipated downtime. Fault tolerant servers provide continuous availability through hardware redundancy in components such as memory, Processors, motherboards, hard disc drives, cooling fans, and others.
Fault-Tolerant Servers Market: Drivers and Restraints
The market for fault-tolerant servers is therefore being driven by elements including rising cloud computing adoption, rising industrial automation, and rising virtualization. Additionally, it is anticipated that a growth in the use of fault-tolerant servers by small and medium-sized businesses across a variety of industries will accelerate demand for fault-tolerant servers throughout the projection period.
On the other hand, the market for fault-tolerant servers may be constrained by lack of technology expertise, complexity, and high installation and upgrade costs.
The major players in the fault-tolerant servers market, including NEC Corporation, HP Inc., International Business Machines Corporation, Oracle Corporation, Unisys Corporation, Fujitsu Ltd., and Stratus Technologies, Inc., are focusing on both organic and inorganic strategies to strengthen their positions in the market. An example would be the two new fault-tolerant servers that NEC Company unveiled in 2015 that can ensure continuous availability and enhanced virtualization capabilities.
The report covers exhaustive analysis on
Fault-Tolerant Servers Market Segments
Fault-Tolerant Servers Market Dynamics
Historical Actual Market Size, 2013 - 2015
Fault-Tolerant Servers Size & Forecast 2017 To 2027
Supply & Demand Value Chain
Fault-Tolerant Servers Market Current Trends/Issues/Challenges
Competition & Companies involved
Fault-Tolerant Servers Technology
Fault-Tolerant Servers Value Chain
Fault-Tolerant Servers Market Drivers and Restraints
Fault-Tolerant Servers Market: Segmentation
Fault-tolerant servers market can be segmented on the basis of components, end user, verticals, and regions.
On the basis of component the market can be segmented into
hardware
software
services
On the basis of end user the market can be segmented into
SMEs
large enterprises
On the basis of vertical the market can be segmented into
fault-tolerant servers
includeretail
healthcare
BFSI
manufacturing
media and entertainment
government
others
Web Conferencing Market to Witness an Outstanding Growth by 2032
When examining the expansion and development of the Web conferencing Market during the pandemic, the analysts at Future Market Insights (FMI) used a multidisciplinary approach. Along with the key conclusions for the forecast period of 2022 to 2032, the study provides insights on the market's important revenue reforms and current development patterns.
In order to provide various Web conferencing Market projections and predictions ... moreWeb Conferencing Market to Witness an Outstanding Growth by 2032
When examining the expansion and development of the Web conferencing Market during the pandemic, the analysts at Future Market Insights (FMI) used a multidisciplinary approach. Along with the key conclusions for the forecast period of 2022 to 2032, the study provides insights on the market's important revenue reforms and current development patterns.
In order to provide various Web conferencing Market projections and predictions at the national and worldwide levels, the Future Business Insights research team is focusing on research and market analysis. They considered a variety of types of industry-related information, including market statistics and merger estimations, to appraise and deliver reliable and illuminating insights on the Web conferencing Market.
Adobe Connect
PowWow365
Cauliflower
Elluminate
Cisco WebEx
Epiphan Systems
GoToWebinar
Genesys Meeting Centre
Segmentation
The study offers details on the significant features and current market developments. This aids readers in developing a more thorough understanding and unbiased judgement of the market. For this market, numerous segmentations have been offered based on:
By Component
Solutions
Services
By Deployment
Hosted Web Conference
Software-as-a-Conference
On-premises Web Conference
Managed Web Conferencing
By End Use
Banking and Financial Services
Education
Pharmaceutical/Healthcare
Manufacturing
Media & Entertainment
IT and Telecommunications
Government
Others
By Region
North America
Latin America
Western Europe
Eastern Europe
Asia Pacific
Japan
Middle East and Africa
Market Background
Reasons to Buy the report
The report includes authentic analysis of the market and the present developing trends in the market affecting the growth. FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts.This ensures that the data collected is from highly reliable sources.
We provide accurate insights on various market trends to enable businesses to make informed and beneficial decisions to attain competitive edge over key players.
Our analysts provide detailed market segmentation along with useful insights and extensive reports that other companies fail to include. The report comprises the market trends, key players and shift in the demand throughout the forecasted period.
Due to the increased rivalry for creating the smoothest and quietest components to reduce noise in cars, washing machines, and other equipment, the noise vibration harshness (NVH) testing market is expanding at a faster rate.
Testing for "noise vibration harshness" (NVH) measures many aspects of sound quality, such as loudness and sound exposure level. Home appliance producers are increasingly using sound qua... moreNoise Vibration Harshness (NVH) Testing Market Perceive Robust Expansion by 2017-2027
Due to the increased rivalry for creating the smoothest and quietest components to reduce noise in cars, washing machines, and other equipment, the noise vibration harshness (NVH) testing market is expanding at a faster rate.
Testing for "noise vibration harshness" (NVH) measures many aspects of sound quality, such as loudness and sound exposure level. Home appliance producers are increasingly using sound quality analysis to improve their product in comparison to rivals. Noise vibration harshness (NVH) testing makes use of tools like analyzers, controllers, sound level metres, microphones, and other applications.
Noise Vibration Harshness (NVH) Testing Market: Drivers and Challenges
Manufacturers' increasing need to improve product quality in order to set their products apart from the competition is the main factor encouraging the implementation of Noise Vibration Harshness (NVH) Testing. Likewise, as people's health and safety concerns have increased, the market for Noise Vibration Harshness (NVH) Testing has expanded. The benefits of this Noise Vibration Harshness (NVH) Testing, including real-time multi-analysis in a single test run, a shorter lead time, and others, are also providing a significant amount of potential for this industry.
Lack of a database to support it and improve NVH test simulation is the fundamental issue with noise vibration harshness (NVH) testing. Because there are limited databases available for Noise Vibration Harshness (NVH) Testing, software developers struggle to streamline its development. The intricacy of selecting the right NVH test equipment is another major challenge faced by developers.
Key Developments
Henkel, a company active in the automotive industry, launched the acoustic lab for automotive and general industries in India in October 2016. The launch of the innovation centre will help the company create and offer state-of-the-art technology-based solutions, including Noise Vibration Harshness (NVH) solutions.
In July 2016, Brüel & Kjaer, a supplier of sound and vibration measurement technology, acquired Sound & Vibration Technologies Ltd. to enhance its capabilities in providing global engineering services.
Fiber Optic Connectivity Market to Witness Stunning Growth by 2032
According to a recent report by FMI, the Fiber Optic Connectivity Market is anticipated to grow at a rapid CAGR of 9.6% to reach US$ 7.0 billion by 2032, up from US$ 2.5 billion in 2022. This report illustrates how demand for fibre optic technology in numerous industrial sectors, as well as in the submarine and aircraft industries, affects market growth.
The market is also predicted to expand throughout the forecast period as a... moreFiber Optic Connectivity Market to Witness Stunning Growth by 2032
According to a recent report by FMI, the Fiber Optic Connectivity Market is anticipated to grow at a rapid CAGR of 9.6% to reach US$ 7.0 billion by 2032, up from US$ 2.5 billion in 2022. This report illustrates how demand for fibre optic technology in numerous industrial sectors, as well as in the submarine and aircraft industries, affects market growth.
The market is also predicted to expand throughout the forecast period as a result of the increased global demand for energy-efficient solutions across numerous sectors. The expansion of the market is also impacted by the demand for fibre optic technology across a variety of industrial sectors, as well as in the submarine and aircraft industries.
Also, because data transit is so inexpensive, it is anticipated that the market for fibre optic communication would grow. In addition, it is anticipated that several new opportunities brought about by advancements in communication technology will accelerate the expansion of the market for fibre optic connectivity during the course of the anticipated period. Longer distance transmission with lower security risk is a crucial factor that is projected to promote the growth of the Fiber Optic Connectivity market.
Key Takeaways from the Market Study
Global Fiber Optic Connectivity Market was valued at US$ 2.8 Bn by 2022-end
The US to account for the highest value share of US$ 1 Bn of global market demand for Fiber Optic Connectivity Market in 2032
From 2015 to 2021, the Fiber Optic Connectivity demand expanded at a CAGR of 10.1%
By Component, Hardware constitutes the bulk of Fiber Optic Connectivity with a CAGR of 9.4%.
Competitive Landscape
Players in the global Fiber Optic Connectivity Market focus on expanding their global reach through various strategies, such as; partnerships, collaborations, and partnerships. The players are also making a significant investment in R&D to add innovations to their products which would help them in strengthening their position in the global market. Some of the recent developments among the key players are:
In March 2022, In March 2022, Zain Group signed a Memorandum of Understanding (MoU) with Huawei to accelerate 5.5G Innovation to enrich the customer experience across multiple markets. Within the scope of the MoU, Huawei will support Zain Group to optimize its network architecture to extend 5G capabilities to support IoT, Ultra-Reliable Low Latency Communications, uplink centric broadband, real-time broadband communication, harmonized communication, and sensing.
In January 2022, Corning Incorporated announced the launch of a new glass composition to advance the development of augmented and mixed reality (AR/MR) diffractive waveguides for wearable devices. Optical advancements inherent in the glass take the augmented reality experience to the next level through larger, clearer digital content that creates more engaging and immersive user experiences.
In November 2021, HUBER+SUHNER and McLaren launched 5G applications to run on trains, the HUBER+SUHNER SENCITY® Rail ACTIVE Rooftop antenna, which is the first-of-its-kind rail antenna that contains an embedded radio and compute module to offer increased data throughput to support 5G services. It is an all-in-one active antenna with a single ethernet cable input for power and data transmission.
Key Players
Adtell Integration
Adtran Inc.
Broadcom
Cisco Systems Inc.
Corning Incorporated
Fiber Optic Services (FOS)
Finisar Corporation
Fujitsu Optical Components Ltd.
Hamamatsu Photonics K.K.
Huawei Technologies Co.
HUBER+SUHNER AG
Infinera Corporation
OptiLayer GmbH
Optiwave Systems, Inc.
ZTE Corporation
Key Segments Covered in the Fiber Optic Connectivity Market Report
Fiber Optic Connectivity for Mining
Fiber Optic Connectivity for Oil & Gas
Fiber Optic Connectivity for Wind Power
Fiber Optic Connectivity for Electric Substations
Fiber Optic Connectivity for Smart Cities
Hardware Encryption Market: Key Players, Growth, Analysis, by 2027
Due to the surge in cyberattacks against multiple organisations, including government and industrial networks, data security is the top priority for IT network administrators. The proliferation of mobile devices poses a threat to data security because there are more cybercrimes taking place.
Organizations must have a properly encrypted network in order to stop such data theft. Although many firms utilise software-based encrypti... moreHardware Encryption Market: Key Players, Growth, Analysis, by 2027
Due to the surge in cyberattacks against multiple organisations, including government and industrial networks, data security is the top priority for IT network administrators. The proliferation of mobile devices poses a threat to data security because there are more cybercrimes taking place.
Organizations must have a properly encrypted network in order to stop such data theft. Although many firms utilise software-based encryption, hardware encryption has several unique advantages once it is enabled.
Hardware encryption employs a device to accomplish encryption and decryption and is therefore free from malware or virus attacks. It is a self-contained software that doesn't require any other software.
Protecting sensitive data from data breaches and cyber crimes was the key reason why many organisations implemented hardware encryption. Financial institutions utilise hardware encryption to stop financial fraud during banking procedures.
The other major factor driving the adoption of hardware-based encryption by numerous organisations is that it offers more resilience and deters many hackers from attacking hardware encrypted systems by promptly shutting down the system when a password cracking attempt is attempted. The market for hardware encryption is growing as a result of the development of portable and mobile devices using cutting-edge technologies.
Global Hardware Encryption Market Key Market Players
Seagate Technology LLC, Hitachi ID Systems, Inc., Western Digital Corporation, Samsung, Toshiba Corporation, Micron Technology, and Kingston Technology Corporation are a few of the major participants in the global hardware encryption market.
The report covers exhaustive analysis on
Global Hardware Encryption Market segments
Global Hardware Encryption Market dynamics
Historical Actual Market Size, 2015 – 2016
Global Hardware Encryption Market size & forecast 2017 to 2027
Ecosystem analysis
Global Hardware Encryption Market current trends/issues/challenges
Competition & Companies involved technology
Value Chain
Global Hardware Encryption Market drivers and restraints
Global Hardware Encryption Market: Segmentation
Global Hardware Encryption market is segmented based on product type, by vertical, by region.
On the basis of the product type Global Hardware Encryption market is segmented to
Hard Disk Drives
Solid-State Drives
USB Flash Drives
Others
The global hardware encryption market on the basis of vertical is segmented to
media and entertainment sector
BFSI
healthcare sector
transportation
public sector
manufacturing sector
retail sector
IT & Telecom sector
energy & utilities
others
On basis of region global hardware encryption market is segmented into
North America
Latin America
Eastern Europe
Western Europe
Asia Pacific Excluding Japan (APEJ)
Japan
The Middle East and Africa (MEA)
Micro Display Market Perceive Robust Expansion by 2022-2032
With a projected CAGR of 19.2% during the forecast period, the worldwide micro display market is expected to reach US$ 1267 million in 2022 and US$ 7330 million by 2032. (2022-2032).
Because of its high resolution, high pixel density, and user-configurable technology, micro displays are gaining popularity because they enable smart watches, smart bands, and smart eyewear to provide great contrast ratios and high-quality images. Its SEG... moreMicro Display Market Perceive Robust Expansion by 2022-2032
With a projected CAGR of 19.2% during the forecast period, the worldwide micro display market is expected to reach US$ 1267 million in 2022 and US$ 7330 million by 2032. (2022-2032).
Because of its high resolution, high pixel density, and user-configurable technology, micro displays are gaining popularity because they enable smart watches, smart bands, and smart eyewear to provide great contrast ratios and high-quality images. Its SEGA (super-extended graphics array) resolution and improved viewing angles and brightness also help them be more marketable and generate more sales.
What are the Driving Factors in the Micro display Market?
The tiny display sector is anticipated to experience consistent double-digit growth rates in the near future. The increased adoption of near-eye devices is having a big impact on the industry. The tiny size, adaptive technology, low power need, outstanding contrast ratio, and high resolution of OLED screens are just a few of their many benefits.
The increasing use of augmented reality and near-to-eye technologies, as well as their numerous benefits, is the primary factor driving the growth of the micro display market.
In addition, augmented reality technology is being increasingly adopted in the industrial sector for jobs including managing warehouses, doing inspections, performing maintenance, and training field staff while they are on the job. Head-mounted displays are also used by entertainment and gaming equipment.
What is the Restraint in the Micro display Market?
The market for digital cameras and projectors is maturing, and as a result of market saturation, growth is inevitably slowing down.
Micro display demand has decreased as a result of a decline in demand for digital cameras. Additionally, shipments of data projectors are also decreasing. As a result, the market growth for micro displays is constrained by the decline in demand for projectors and digital cameras.
What are the Challenges in the Micro display Market?
Despite major technological developments in recent decades, there are still a number of technical problems with tiny screens. As a result, this hinders the widespread adoption of tiny screens in a variety of demanding applications, particularly VR and HMDs.
Manufacturers of micro displays anticipate that achieving a wide field of vision and a compact form factor, as well as creating tiny displays with good resolution, will be their biggest problems.
Global Micro display Market Dynamics
A substantial portion of the global market for micro displays comes from North America because of the region's emphasis on R&D-derived advancements (R&D). However, due to the growing number of market participants, Asia Pacific is predicted to see the greatest CAGR. The second-largest contributor to the market is now Europe, followed by North America, which is predicted to soon hold a 26.2% & 17.1% market share, respectively.
Micro displays are highly sought-after in APAC, particularly for equipment like cameras/EVF, projectors, and head-up displays. The APAC area has a large number of OEMs and customers, which has caused the micro display industry to expand quickly.
Who are Some of the Bigwigs in the Micro display Market?
The key vendors in the global micro display market are eMagin Corporation, Universal Display Corporation, Micron Technology Inc., LG Display Co. Ltd, Sony Corporation, Kopin Corporation, Yunnan OLiGHTEK Opto-Electronic Technology Co., Ltd., Seiko Epson Corporation and Syndiant Inc.
In May 2017, BOE and OLiGHTEK formed a joint venture intending to manufacture OLED Micro Displays for Virtual and Augmented Reality Markets.
Growth tactics such as product launches, acquisitions, and partnerships are currently driving the market. For example, the eMagin Company introduced a full-colour Direct Patterned Display (DPD) microdisplay intended for head-mounted wearable devices.
Parental Control Software Market Revenue Growth Predicted by 2028
The parental control software market is supposed to increment from US$ 124.6 Mn in 2022 to US$ 223.1 Mn by 2028, growing at a CAGR of 10.2% regarding income during the figure time frame (2022-2028).
In a separate analysis from Future Market Insights, the parental control software market is tracked in terms of value and is positioned to gain market income gauges.
Young people are now increasingly interested in objects that can b... moreParental Control Software Market Revenue Growth Predicted by 2028
The parental control software market is supposed to increment from US$ 124.6 Mn in 2022 to US$ 223.1 Mn by 2028, growing at a CAGR of 10.2% regarding income during the figure time frame (2022-2028).
In a separate analysis from Future Market Insights, the parental control software market is tracked in terms of value and is positioned to gain market income gauges.
Young people are now increasingly interested in objects that can be connected to the Internet as a result of greater mechanical improvements.
In order to engage in a variety of activities including playing online games, live streaming, chatting with friends, listening to music, watching movies, and more, kids and teenagers are increasingly using Internet-enabled devices like smartphones, tablets, Macs, and TVs.
Parental Control Software Market: Segmentation & Analysis
In order to comprehend and assess the demand and potential in the parental control software industry, the study is methodically separated into three key categories, including market analysis by deployment, by platform, and by region.
The section headed "Market Analysis by Deployment" provides comprehensive market analysis of parental control software based on on-premises and cloud deployment for the years 2022 to 2028. The cloud industry led the market for parental control software in 2017, followed by the on-premises industry. During the course of the projection year, the parental control software market is expected to experience revenue growth at a CAGR of 10.1%, with the cloud sector outpacing the on-premises segment.
Key Segments Covered in Parental Control Software Industry Report
Parental Control Software by Deployment:
On-Premise Parental Control Software
Cloud Parental Control Software
Parental Control Software by Platform:
Android-based Parental Control Software
iOS-based Parental Control Software
Windows-based Parental Control Software
Parental Control Software by Region:
North America Parental Control Software Market
Latin America Parental Control Software Market
Europe Parental Control Software Market
East Asia Parental Control Software Market
South Asia & Pacific Parental Control Software Market
Middle East & Africa Parental Control Software Market
Agile Application Life-Cycle Management Market to Witness Stunning Growth by 2027
Agile application life-cycle management is increasingly recognised as a necessary component of innovation and as a standard for advancing dynamic, contemporary software delivery methods. Large vendors are now providing options for smarter products and the internet of things, which is causing this transformation.
Agile programming Life-cycle management is inherently advantageous for companies that must provide sol... moreAgile Application Life-Cycle Management Market to Witness Stunning Growth by 2027
Agile application life-cycle management is increasingly recognised as a necessary component of innovation and as a standard for advancing dynamic, contemporary software delivery methods. Large vendors are now providing options for smarter products and the internet of things, which is causing this transformation.
Agile programming Life-cycle management is inherently advantageous for companies that must provide solutions rapidly and release builds continually over the course of any product or software solution.
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One of the driving causes behind agile application life-cycle management is the increasing levels of industry globalisation, thus it is essential for every organisation to have a solid life-cycle management system in place.
Also, because of growing customer expectations and ongoing technological improvements, clients frequently ask for customization of a product or solution in between stages of the development lifecycle. Because organisations using this technology can provide intermediate builds to their clients and upgrade the features as needed, the usage of agile application life-cycle management by businesses is increasing.
