December 2022 - Page 3 of 6

Margarine Market Trends, Share, Growth, Size and Forecast 2022-2027

According to the latest report by IMARC Group “Margarine Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, The global margarine market size reached a value of US$ 3.3 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 4.1 Billion by 2027, exhibiting a CAGR of 2.8% during 2022-2027.

Margarine refers to a non-dairy substitute for butter with a similar taste, appearance, consistency, and nutritional value. It is manufactured by blending various refined vegetable oils, including canola, corn, soybean, palm, etc. Margarine acts as an excellent source of essential fat-soluble nutrients that help in minimizing the risk of cardiovascular diseases and maintaining lower blood cholesterol levels. It is widely available in several forms, such as sticks, liquid, blocks, cubes, tubs, sprays, etc. Consequently, margarine is extensively used across bakeries, confectioneries, and household cooking.

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We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Market Trends:

The increasing prevalence of lactose-intolerance disorders and the rising consumer health concerns towards the harmful impact of saturated fats have led to a notable shift from butter towards margarine. Additionally, the changing consumer dietary patterns, rising awareness about the dairy-free content of margarine, and the growing vegan population are also propelling the global margarine market. Besides this, the expanding bakery sector is further increasing the usage of margarine as an essential ingredient for adding texture and volume to baked items.

Furthermore, the growing consumer consciousness towards clean-label and sustainable products has led to the emergence of allergen-free, non-GMO, and naturally sourced margarine. Several manufacturers are producing organic and low-calorie variants of margarine made up of healthier vegetable oils, such as palm oil, olive oil, corn oil, etc., which is expected to further drive the market growth in the coming years.

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

Bunge Limited
Conagra Foodservice Inc.
EFKO Group
NMGK Group
PURATOS
Richardson International Limited
Vandemoortele
Wilmar International Ltd.

Explore full report with table of contents: https://www.imarcgroup.com/margarine-market

The report has segmented the market on the basis of Product Type, End-User and Region.

Breakup by Source:

Plant
Animal

Breakup by Form:

Sticks
Cubes
Tubs
Liquid
Others

Breakup by Distribution Channel:

Hypermarkets and Supermarkets
Convenience Stores
Specialty Stores
Online Stores
Others

Breakup by Application:

Household
Bakery
Confectionary
Spreads, Sauces and Toppings
Others

Breakup by Region:

North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa

If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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Hybrid Electric Vehicle Market Share, Growth and Forecast 2022-2027

According to the latest report by IMARC Group “ Hybrid Electric Vehicle Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027 “, The global hybrid electric vehicle market reached a volume of 5.5 Million Units in 2021. Looking forward , IMARC Group expects the market to reach 31.2 Million Units by 2027, exhibiting a CAGR of 31.9% during 2022-2027.

A hybrid electric vehicle (HEV) refers to an automobile that is powered by a combination of an ICE or internal combustion engine and an electric motor. It generally relies on energy stored in batteries for functioning and regenerative braking, which changes the kinetic energy produced into electric energy. The hybrid electric vehicle has less fuel consumption, carbon-based emissions, and maintenance costs than vehicles solely powered by an ICE. Consequently, it is gaining extensive traction as an environment-friendly alternative to conventional vehicles.

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We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Market Trends:

The rising air pollution levels, owing to exhaust emissions from automobiles, and the growing consumer environmental consciousness are among the key factors stimulating the hybrid electric vehicle market. Moreover, the inflating purchasing power of individuals and improving road networks are acting as significant growth-inducing factors. Besides this, government bodies across numerous countries are implementing stringent emission regulations as well as fuel economy norms and offering purchase grants, related incentives, tax rebates, utility rate reductions, etc., which is positively influencing the global market.

Furthermore, the development of innovative vehicles with soundless operations, high-performance engines, improved fuel efficiency, etc., by several leading manufacturers and extensive R&D activities are also propelling the market growth. Besides this, the emerging trend of fuel-efficient and cost-effective commute options is further bolstering the global market. Additionally, continuous improvements in the EV charging infrastructures are leading to extensive investments by power sector stakeholders in automobile utilities and charging hardware, which is expected to fuel the hybrid electric vehicle market over the forecasted period.

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

Toyota Motor Corporation
Honda Motor Co. Ltd.
Ford Motor Company
Volkswagen Aktiengesellschaft
General Motors Company
Hyundai Motor Company
Nissan Motor Corporation Ltd.

Explore full report with table of contents: https://www.imarcgroup.com/hybrid-electric-vehicle-market

The report has segmented the market on the basis of Product Type, End-User and Region.

Breakup by Propulsion Type:

Full Hybrids
Mild Hybrids
Plug-in Hybrids
Others

Breakup by Configuration Type:

Series HEV
Parallel HEV
Combination HEV

Breakup by Vehicle Type:

Passenger Cars
Commercial Vehicles
Two Wheelers
Others

Breakup by Power Source:

Stored Electricity
On Board Electric Generator

Market Breakup by Region:

North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

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Chlorine Dioxide Market Share, Size, Trends and Forecast 2022-2027

According to the latest report by IMARC Group “Chlorine Dioxide Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, The global chlorine dioxide market size reached US$ 945.7 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 1,265.9 Million by 2027, exhibiting a growth rate (CAGR) of 4.9% during 2022-2027.

Chlorine dioxide (ClO2) refers to a small and volatile chemical compound consisting of one chlorine atom and two oxygen atoms. It is a yellowish-brown gas with an unpleasant odor and exists as a free radical in dilute solutions. Chlorine dioxide is generally produced from sodium chlorite and sodium chlorate. It is widely used in poultry processing, disinfecting drinking water, washing vegetables and fruits, etc. Chlorine dioxide is also a selective oxidizer and can control microorganisms in water at very low dosages. It finds several applications across numerous industries, such as healthcare, paper processing, oil and gas, food and beverage (F&B), etc.

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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Market Trends:

The growing demand for industrial water treatment systems across the globe is one of the primary factors driving the chlorine dioxide market. In addition to this, the increasing requirement for ClO2 to wash various meat products, including chicken and seafood, owing to its antimicrobial properties, is further propelling the market growth. Moreover, the widespread product utilization in the pulp and paper industry is augmenting the global market. Apart from this, the expanding usage of biocide technologies for safety interlocks is acting as another significant growth-inducing factor. Furthermore, the escalating demand for ClO2 in the F&B industry to reduce spoilage is positively influencing the market growth. Besides this, the rising product usage to sterilize medical and laboratory equipment is expected to fuel the chlorine dioxide market in the coming years.

Breakup by Type:

Liquid Stabilized Chlorine Dioxide
Solid Stabilized Chlorine Dioxide

Breakup by Method:

Electrolytic Method
Chemical Method

Breakup by Application:

Industrial Water Treatment
Pulp and Paper Processing
Oil and Gas
Medical
Food and Beverages
Others

Market Breakup by Region:

North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa

Competitive Landscape with Key Player:

Accepta LLC
AquaPulse Systems
CDG Environmental LLC
Ecolab Inc.
Evoqua Water Technologies LLC
Grundfos Pumps Corporation
Iotronic Elektrogeratebau GmbH
ProMinent GmbH
Sabre Technologies LLC
Tecme Srl
Vasu Chemicals LLP.

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Telecom Order Management Market Size, Share, Trends and Forecast 2022-2027

According to the latest report by IMARC Group “Telecom Order Management Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027″, The global telecom order management market size reached US$ 3.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 6.6 Billion by 2027, exhibiting a CAGR of 13.6% during 2022-2027.

Telecom order management refers to technological solutions for managing multiple telecommunication operations and deploying the services to the consumers. It is widely used for monitoring the demands of the customers and handling the steps involved in fulfilling them. The process usually consists of accepting the order and tracking supply chain activities responsible for assembling. As a result, it aids in making the telecommunication services available to the subscribers. Telecom order management is extensively utilized for standardizing and optimizing marketing- and business-related operations across various industries.

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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Market Trends:

The expanding telecommunication industry across the globe is one of the major factors driving the telecom order management market. Furthermore, the increasing convergence of networks and connected devices, coupled with the rising adoption of advanced order management systems are also propelling the market growth. Besides this, the growing penetration of smart devices and shifting consumer preferences towards online shopping through e-commerce platforms are further augmenting the global market. Numerous technological advancements, including the development of next-generation telecom order management tools, are also escalating the demand for telecom order management. Additionally, various other factors, such as extensive infrastructural development and the introduction of numerous government policies, are anticipated to fuel the telecom order management market in the coming years.

Breakup by Component:

Solution
- Customer Order Management
- Service Order Management
- Service Inventory Management
Service
- Integration and Installation Services
- Consulting Services
- Support Services

Breakup by Deployment Mode:

On-premises
Cloud-based

Breakup by Organization Size:

Large Organization
Small and Medium Organization

Breakup by Network Type:

Wireless
Wired

Market Breakup by Region:

North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa

Competitive Landscape with Key Player:

Cerillion
Cognizant
Comarch SA
Fujitsu Limited (Furukawa Group)
Infosys Limited
International Business Machines Corporation
Oracle Corporation
Pegasystems Inc.
Telefonaktiebolaget LM Ericsson
Wipro Limited.

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If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

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Ecotourism Market Size, Growth, Trends, Share and Forecast 2023-2028

According to the latest report by IMARC Group “Ecotourism Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, The global ecotourism market size reached US$ 172.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 374.2 Billion by 2028, exhibiting a growth rate (CAGR) of 13.9% during 2023-2028.

Ecotourism or nature tourism refers to a sustainable form of travel that maintains and preserves nature and the environment. It also aims to reduce the negative impact on the natural ecosystem. In ecotourism, the traveler goes to remote and pristine destinations consisting of flora, fauna, and other cultural heritage. National parks, marine parks, and parks with protected status, biodiversity, local culture, and traditional protectors of the natural environment are the main attraction for ecotourism. Recently, ecotourism has gained immense traction as it is a responsible travel experience that protects the environment and improves the quality of local lives.

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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Market Trends:

The global ecotourism market is primarily driven by the rising travel and tourism activities. Besides this, governing agencies in various countries are taking initiatives that focus on energy efficiency and water reuse. They are also supporting ecotourism through education, information services, marketing, and collaborations with private enterprises. Moreover, the rising consciousness regarding global warming and the destruction of nature by tourists has encouraged hospitality providers to create eco-lodges or camps with wildlife tourism, bird watching, and coral reefs that cater to ecological conservation and build environmental awareness. Furthermore, rapid urbanization, increasing disposable income, and rising pollution levels are expected to escalate the demand for ecotourism across the globe.

Breakup by Traveler Type:

Solo
Group

Breakup by Age Group:

Generation X
Generation Y
Generation Z

Breakup by Sales Channel:

Travel Agent
Direct

Market Breakup by Region:

North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa

Competitive Landscape with Key Player:

Adventure Alternative Ltd
Aracari Travel
BCD Travel
Expedia Group Inc.
FROSCH International Travel Inc.
G Adventures
Intrepid Group Limited
Rickshaw Travel Group
Small World Journeys Pty Ltd
Steppes Travel
Undiscovered Mountains Ltd.

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If you want latest primary and secondary data (2023-2028) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

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Command and Control System Market Size, Trends, Share and Forecast 2023-2028

According to the latest report by IMARC Group “Command and Control System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, The global command and control system market size reached US$ 36.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 45.9 Billion by 2028, exhibiting a growth rate (CAGR) of 4.2% during 2023-2028.

A command and control system refers to several hardware and software solutions that are essential for carrying out military operations and activities. In terms of the platform, they can be segmented into land, maritime, space, airborne, and other categories. Command and control system solutions involve formulating concepts, allocating resources, deploying forces, and supervising. They aid military organizations in directing, planning, and controlling operations-assigned forces while improving individual performance. Command and control system services even prove extremely effective in the complex multi-threat environment as they allow dealing with a massive number of targets and compress reaction times of modern warfare. Consequently, they find extensive applications across various sectors, including government and defense, homeland security, cyber protection, oil and gas, etc.

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Market Trends:

The expanding geopolitical tensions among countries and the elevating need for situational awareness in law enforcement agencies and the military are primarily driving the command and control system market. In line with this, the rising requirement for advanced technologies that employ earth-observation satellites for communications, data collection, data processing, and threat detection and warning, which aid in keeping track of combatant ships, weapons, and aircraft, is acting as another significant growth-inducing factor. Apart from this, the increasing usage of the system to perform numerous procedural and technical functions, such as supervising air traffic, coordinating supporting arms, and managing fire control weapons systems, is also positively influencing the global market. Additionally, the escalating adoption of the products in oil and gas installation plants, airports, and utilities to facilitate enhanced operation, security, safety, and surveillance is further stimulating the market growth. Besides this, the growing focus among leading players on continuously upgrading and modernizing the system and the inflating military budgets across the globe are expected to propel the command and control system market over the forecasted period.

Breakup by Platform:

Land
Maritime
Space
Airborne

Breakup by Solution:

Hardware
Software
Services

Breakup by Application:

Defense
Commercial

Market Breakup by Region:

North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa

Competitive Landscape with Key Player:

BAE Systems plc
CACI International Inc.
Elbit Systems Ltd.
General Dynamics Mission Systems Inc (General Dynamics Corporation)
L3Harris Technologies Inc.
Leonardo S.p.A.
Lockheed Martin Corporation
Northrop Grumman Corporation
Raytheon Technologies Corporation
RGB Spectrum
Saab AB
Thales Group
The Boeing Company.

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30 N Gould St Ste R
Sheridan, WY 82801 USA – Wyoming
Email: Sales@imarcgroup.com
Tel No (D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

Artificial Organs Market Share, Size, Growth, Trends and Forecast 2023-2028

According to the latest report by IMARC Group “Artificial Organs Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, The global artificial organs market size reached US$ 18.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 31.2 Billion by 2028, exhibiting a growth rate (CAGR) of 8.5% during 2023-2028.

Artificial organs assist the human body in active mechanical and biochemical functioning. They interface with the living tissue to replace non-functional and damaged natural organs and duplicate their specific functions. They include artificial kidneys, hearts, knees, pancreas, and cochlear implants. They are made of inanimate and biodegradable polymers, biochemicals, living cells, and metal elements and can be surgically implanted and integrated into the body. They encompass blood purification, cardiovascular interventions, biomaterials, and metabolic functions. They are also employed for cardiac assistance and orthopedic devices, neuropros theses and neurological support, blood cell and tissue replacement, and autoimmune and metabolic therapy treatments. Besides this, as artificial organs are formed by growing the stem cells of the patients, they eliminate the need to match tissue types and the risk of disease transmission and organ rejection. They also help increase the confidence level and improve the general well-being of an individual.

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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Market Trends:

The growing geriatric population and the increasing prevalence of cardiac and orthopedic disorders are among the key factors positively influencing the market. In addition, the rising number of kidney, liver, and lung failure incidences due to smoking, excessive alcohol consumption, and physical inactivity are creating a positive market outlook. This, in confluence with sedentary lifestyles and changing dietary patterns, is contributing to organ failure and catalyzing the demand for artificial organs across the globe. Additionally, the frequent occurrence of road accidents and sports injuries leading to amputations and the growing public awareness about advancements in medical technology are contributing to the market growth. Moreover, the development of healthcare facilities and the availability of advanced support systems are propelling the growth of the market. Apart from this, the integration of advanced technologies, such as 3D printing and tissue engineering, to assist in visualizing physical and physiological functions, such as growth, modeling, and secretion of hormones and nurturing vasculature, is driving the market. Furthermore, the introduction of bioartificial organs that grow with the patient and lead to a permanent solution to the damaged organ or tissue without the need for supplementary therapies is creating a favorable market outlook. In addition, increasing investments in research and development (R&D) activities to improve the effectiveness of ventricular assist devices (VAD) and total artificial hearts (TAHs) and reduce cost by increasing device longevity are contributing to the market growth. Furthermore, the researchers are constantly focusing on innovation in processing technologies, highly durable devices, progress in the decellularization of animal tissue and organs, and cell-based therapies in bioartificial organs, which is anticipated to drive the market.

Breakup by Type:

Artificial Kidney
Artificial Heart
Artificial Pancreas
Cochlear Implants
Others

Market Breakup by Region:

North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa

Competitive Landscape with Key Player:

Abiomed Inc.
Edwards Lifesciences Corp
HeartWare International, Inc.
Cochlear Limited
Boston Scientific Corporation.

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Acidity Regulators Market Trends, Growth, Size, Share and Forecast 2022-2027

According to the latest report by IMARC Group “Acidity Regulators Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, The global acidity regulators market size reached US$ 6.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 8.4 Billion by 2027, exhibiting a growth rate (CAGR) of 5.67% during 2022-2027.

Acidity regulators, also known as pH control agents, refer to food additives used to alter and maintain the pH level of food products. They enhance food safety, preserve the taste and extend the shelf life by inhibiting the growth of microorganisms. They are primarily used in low-acid foods, including fish, cauliflower, cucumber and peppers, for acidification and maintaining the desired quality.

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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Market Trends:

The growing awareness about food wastage due to microbial action affecting food quality and rising health concerns represent the primary factors driving the global acidity regulators market. Additionally, their extensive application in the food and beverages industry as preservatives, organic and mineral acids, and neutralizing, buffering, and gelling agents is acting as another growth-inducing factor. Furthermore, the escalating demand for ready-to-eat (RTE) foods on account of rapid urbanization, hectic lifestyles, and changing eating habits has also increased the product demand. These factors are anticipated to create a favorable market outlook in the coming years.

Breakup by Product:

Citric Acid
Phosphoric acid
Acetic Acid
Maleic Acid
Lactic Acid
Others

Breakup by Source:

Natural
Synthetic

Breakup by Application:

Beverages
Sauces, Condiments, and Dressings
Processed Food
Bakery
Confectionery
Others

Market Breakup by Region:

North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa

Competitive Landscape with Key Player:

Archer Daniels Midland Company
Bartek Ingredients Inc.
Cargill Incorporated
Celrich Products Pvt. Ltd.
Chemelco International B.V.
Corbion N.V.
F.B.C Industries Inc.
Foodchem International Corporation
Jungbunzlauer Suisse AG
Tate & Lyle Plc
Univar Solutions Inc.

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Filling Equipment Market Growth, Trends, Size and Forecast 2022-2027

According to the latest report by IMARC Group “Filling Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, The global filling equipment market size reached US$ 18.0 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 21.9 Billion by 2027, exhibiting a growth rate (CAGR) of 3.4% during 2022-2027.

Filling equipment refers to the machines utilized for filling solid, semi-solid, and liquid products into enclosed pouches, cans, jars and bags. Vacuum, net weight, volumetric, rotary, piston, aseptic, and spray fillers are some of the commonly used types of filling equipment. They are usually available in manual, semi-automatic and automatic variants. Compared to the traditionally used manual filling methods, they offer enhanced reliability, consistency, control, user-friendly operating system and long-term usage. As a result, filling equipment finds extensive application across various industries, such as pharmaceutical, cosmetic, chemical and food and beverage.

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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Market Trends:

The global filling equipment market is primarily being driven by the increasing demand for pharmaceutical products and fast-moving consumer goods (FMCG). The equipment is widely used for rapid and accurate filling with minimal errors. Various technological advancements, such as the adoption of factory automation and robotics to standardize processes and maintain the safety of the product,are favoring the market growth. Moreover, rising consumer preference towards convenient and travel-friendly food and beverage packs is providing a thrust to the market growth.

Breakup by Sales Type:

New Machinery
Spare Parts

Breakup by Process Type:

Manual
Semi-Automatic
Automatic

Breakup by Product Type:

Solid
Semi-Solid
Liquid

Breakup by End Use Industry:

Food and Beverages
Pharmaceutical
Personal Care
Chemical
Others

Market Breakup by Region:

North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa

Competitive Landscape with Key Player:

Accutek Packaging Companies
Coesia S.p.A
GEA Group Aktiengesellschaft
JBT Corporation
KHS GmbH (Salzgitter AG)
Krones AG
Ronchi Mario S.p.A.
Scholle IPN
Syntegon Technology GmbH
Tetra Laval International S.A.

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Satellite Data Service Market Trends, Growth, Share and Forecast 2022-2027

According to the latest report by IMARC Group “Satellite Data Service Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on the global satellite data services market trends. The global satellite data service market reached a value of US$ 6.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 17.82 Billion by 2027, exhibiting a CAGR of 18.3% during 2022-2027.

Satellite data service helps in collecting information about the change of events occurring on the surface of the earth via man-made satellites. It relies upon various remote sensing technologies, such as real aperture radar (RAR) technology and synthetic aperture radar (SAR), to generate a reliable and timely data stream. It finds applications in remote and small areas wherein high-speed internet services and data access are unavailable. Satellite data service enables efficient mapping and monitoring of resources, ecosystems, and events on the surface of the earth and other planets orbiting in space.

It is also employed in ice monitoring, iceberg tracking, and analyzing and managing port and sea traffic to ensure the efficient and safe movement of vessels. Satellite data service aids in maintaining security surveillance and monitoring various unreachable areas and lands affected by catastrophes. It assists in determining the surface roughness of lands, detecting the levels of pollution, and checking vegetation canopy penetration. It is used in constructional mapping to simplify the complexities in building projects and tracking progress in real-time. As it provides accurate information, the demand for satellite data service is rising across the globe.

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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Market Trends:

At present, the increasing demand for satellite data services for the development of smart cities represents one of the primary factors influencing the market positively. Besides this, the rising utilization of satellite data services in the agriculture industry to conduct crop harvest monitoring, field segmentation, and checking the growth of plants is propelling the growth of the market. In addition, governing agencies of various countries are employing satellite data services to maintain border security and restrict terrorist activities. They are also using satellite data services to predict the occurrence of various natural calamities, such as floods and earthquakes, to save human lives and prevent the occurrence of extreme crises.

Apart from this, the growing adoption of satellite data services in the automotive industry to manufacture autonomous vehicles that can sense the surrounding environment and operate with limited human assistance is offering a favorable market outlook. Additionally, the increasing demand for satellite imaging in analyzing the location of mineral deposits and monitoring oil pipelines for tracking leakages or hydraulic failures is supporting the growth of the market. Moreover, key market players are developing satellite data services integrated with artificial intelligence (AI) and machine learning (ML) to manage vast amounts of data and increase the operational efficiency of ground stations. Furthermore, the rising demand for satellite data services in meteorology to analyze and forecast weather is bolstering the growth of the market.

Breakup by Service:

Data Analytics
Image Data

Breakup by Application:

Scientific
Administrative
Commercial

Breakup by Vertical:

Defence and Security
Energy and Power
Agriculture
Environmental
Engineering and Infrastructure
Marine
Others

Market Breakup by Region:

North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa

Competitive Landscape with Key Player:

Airbus SE
Ceinsys Tech Limited
Geospatial Intelligence Pyt Ltd.
Gisat S.R.O.
ICEYE
L3harris Technologies Inc.
Maxar Technologies Inc.
Planet Labs Inc.
Satellite Imaging Corporation
Telstra Corporation Limited,
Trimble Inc.
Ursa Space Systems Inc.

Ask Analyst for Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/satellite-data-service-market

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