Automotive Battery Market 2023 | Industry Trends, Statistics and Forecast 2028

According to the latest report by IMARC Group, titled, “Automotive Battery Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the global automotive battery market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the automotive battery market?

Report Attributes Details
Market Size in 2022 US$ 48 Billion
Market Forecast in 2028 US$ 67 Billion
Growth rate (2023 to 2028) CAGR of 5.40%
Base Year of the Analysis 2022
Forecast Period 2023-2028

What is automotive battery?

An automotive battery serves as a crucial component designed for powering the electrical systems in vehicles, playing a vital role in their functioning. Typically, it consists of a plastic case that houses a series of cells, with each cell containing positive and negative plates crafted from lead and lead oxide and submerged in an electrolyte solution comprising sulfuric acid and water. The automotive battery has the capacity to store and supply energy as required, assuring optimal performance of the vehicle’s electrical systems. It provides the essential power to initiate engine ignition, ensuring reliable starting. The automotive battery even acts as a stabilizer, mitigating voltage spikes and providing a steady flow of electricity to several components. Consequently, it finds extensive utilization across the globe.

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What are the growth prospects and trends in the automotive battery industry?

The automotive battery market is primarily driven by the inflating demand for electric vehicles (EVs) and the implementation of stringent emission regulations and supportive government policies. Additionally, the increasing advancements in battery technology for enhanced energy density and longer lifespan, coupled with the expanding electric charging infrastructure, are also positively influencing the market growth. Furthermore, the launch of financial incentives for EV purchasers and growing consumer awareness regarding the environmental advantages of EVs are acting as significant growth-inducing factors. Besides this, the decreasing costs of lithium-ion batteries and substantial investments in battery research and development (R&D) by manufacturers are further fueling the global market. Moreover, the escalating number of battery production facilities, the rising emphasis on renewable energy, and the elevating integration of batteries in energy storage systems will bolster the automotive battery market in the coming years.

What is included in market segmentation?

The report has segmented the market into the following categories:

Battery Type Insights:

  • Lead Acid
  • Lithium Ion
  • Others

Vehicle Type Insights:

  • Passenger Vehicles
  • Commercial Vehicles
  • Electric Vehicles
  • BEV (Battery Electric Vehicles)
  • PHEV (Plug-in Hybrid Electric Vehicles)
  • Others

Breakup by Region:

  • North America
  • Asia-Pacific
  • Europe
  • Latin America
  • Middle East and Africa

Who are the key players operating in the industry?

The report covers the major market players including:

  • A123 Systems LLC
  • Contemporary Amperex Technology Co. Limited.
  • East Penn Manufacturing Company
  • Enersys
  • Exide Industries Limited
  • GS Yuasa International Ltd.
  • Hitachi Ltd.
  • LG Chem Ltd
  • Panasonic Holdings Corporation
  • Robert Bosch LLC
  • Samsung SDI Co. Ltd.

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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.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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Childcare Management Software Market 2023 | Industry Statistics and Forecast 2028

According to the latest report by IMARC Group, titled, “Childcare Management Software Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the global childcare management software market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the childcare management software market?

Report Attributes Details
Market Size in 2022 US$ 177.1 Million
Market Forecast in 2028 US$ 278.2 Million
Growth rate (2023 to 2028) CAGR of 8.00%
Base Year of the Analysis 2022
Forecast Period 2023-2028

What is childcare management software?

Childcare management software refer to the programs utilized to organize the everyday tasks of pre-schools, childcare centers, families, and enterprises to streamline work and personal life while conserving time. They include an assortment of management and accounting solutions that aid in the scheduling of lessons, management of health records of children, and monitoring attendance and fee payments. Childcare management software also incorporate a built-in messaging system to enable smooth communication between parents and staff. They retain and manage information related to children and families to boost staff productivity. When linked to another system, childcare management software can be conveniently accessed on local computers or mobile devices. In addition to this, these tools allow parents to connect remotely with their children in care centers, enabling them to observe their kids’ classroom activities. As a result, childcare management software have gained substantial popularity among parents and daycare centers.

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What are the growth prospects and trends in the childcare management software industry?

The increasing establishment of play schools and daycare centers and the extensive utilization of these tools in such institutions to automate administrative responsibilities, including admissions, reporting, and billing, are primarily driving the childcare management software market. Besides this, the ongoing strategic collaborations between governments and businesses to enhance parental oversight, owing to the rising concerns about the safety of kids, particularly among young parents, are further augmenting the market growth. Moreover, the incorporation of social media and customer relationship management (CRM) tools with childcare management software to improve consumer service and communication is also catalyzing the global market. Apart from this, the elevating focus on customer-centric solutions, operational efficiency, and constant client engagement is acting as another significant growth-inducing factor. Furthermore, the accessibility provided by these tools via consumer electronics, such as laptops, notepads, and smartphones, is expected to bolster the childcare management software market in the coming years.

What is included in market segmentation?

The report has segmented the market into the following categories:

Solution Insights:

  • Family and Child Data Management
  • Attendance Tracker
  • Accounting
  • Time and Activity Management
  • Nutrition Management
  • Others

Deployment Insights:

  • On-premises
  • Cloud-based

End User Insights:

  • Education Providers
  • Drop-in Daycare Providers
  • Parents

Breakup by Region:

  • North America
  • Asia-Pacific
  • Europe
  • Latin America
  • Middle East and Africa

Who are the key players operating in the industry?

The report covers the major market players including:

  • Bloomz Inc.
  • Eleyo
  • Enrollsy Inc.
  • EZ ChildTrack
  • Himama
  • Illumine Labs Pvt. Ltd.
  • Jackrabbit Technologies Inc.
  • Kangarootime
  • Kidcheck
  • Kindertales
  • Kindyhub
  • LifeCubby (Excelligence Learning Corporation)
  • Procare Software LLC
  • Softerware Inc.
  • Vanco Payment Solutions Inc. (Veracity Payment Solutions), etc.

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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.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Contact us:

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Email: sales@imarcgroup.com
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Address: 134 N 4th St. Brooklyn, NY 11249, USA
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Packaging Tapes Market 2023 | Industry Size, Statistics and Forecast 2028

According to the latest report by IMARC Group, titled, “Packaging Tapes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the global packaging tapes market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the packaging tapes market?

Report Attributes Details
Market Size in 2022 US$ 75.1 Billion
Market Forecast in 2028 US$ 98.1 Billion
Growth rate (2023 to 2028) CAGR of 4.50%
Base Year of the Analysis 2022
Forecast Period 2023-2028

What is packaging tapes?

Packaging tapes are essential for ensuring the safe and secure transportation of goods and products. They can be manufactured from several materials that are designed to adhere to surfaces and provide reliable sealing. The production process of packaging tapes generally involves the use of polypropylene or polyester, which offers the structural integrity of tapes. They are commonly available in numerous lengths, widths, and thicknesses to accommodate a wide array of packaging requirements. These tapes come in various colors, thereby allowing for easy identification and categorization of packages. They are also compatible with automated or manual packaging processes, which in turn, make them suitable for both large-scale industrial and small-scale applications. Presently, some of the common types of product variants available in the market include water-activated, pressure-sensitive, and filament tapes.

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What are the growth prospects and trends in the packaging tapes industry?

The expanding manufacturing sector is primarily driving the packaging tapes market. Additionally, the rising number of online shopping activities is further bolstering the market growth. Besides this, the inflating need for secure and efficient packaging options to ensure the safety of products during transit is acting as another significant growth-inducing factor. Moreover, the widespread adoption of these tapes across the e-commerce, retail, and logistics industries, as they are versatile and cost-effective, is positively influencing the global market. Apart from this, the increasing consumer awareness towards sustainable packaging materials is also stimulating the market growth. Furthermore, continuous technological advancements by leading manufacturers to improve adhesive formulations are anticipated to fuel the packaging tapes market over the forecasted period.

What is included in market segmentation?

The report has segmented the market into the following categories:

Tape Type Insights:

  • Pressure-Sensitive Tape
  • Masking Tape
  • Duct Tape
  • Filament Tape
  • Others

Material Type Insights:

  • Plastic
  • Paper
  • Metal Foil

End Use Insights:

  • E-Commerce
  • Food and Beverages
  • Retail
  • Others

Breakup by Region:

  • North America
  • Asia-Pacific
  • Europe
  • Latin America
  • Middle East and Africa

Who are the key players operating in the industry?

The report covers the major market players including:

  • 3M Company
  • ADH Tape
  • B Fuller company
  • Intertape Polymer Group Inc.
  • LORD Corporation (Parker Hannifin Corporation)
  • Nitto Denko Corporation
  • PPM Industries S.p.A.
  • Scapa Group Ltd. (Mativ Holdings, Inc)
  • Shurtape Technologies LLC
  • Tesa SE Group (Beiersdorf AG), etc.

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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.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Contact us:

IMARC Group
Email: sales@imarcgroup.com
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Address: 134 N 4th St. Brooklyn, NY 11249, USA
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Fiber Optic Testing Equipment (FOTE) Market 2023 | Industry Statistics and Forecast 2028

According to the latest report by IMARC Group, titled, “Fiber Optic Testing Equipment (FOTE) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the global fiber optic testing equipment (FOTE) market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the fiber optic testing equipment market?

Report Attributes Details
Market Size in 2022 US$ 964 Million
Market Forecast in 2028 US$ 1,366 Million
Growth rate (2023 to 2028) CAGR of 5.90%
Base Year of the Analysis 2022
Forecast Period 2023-2028

What is fiber optic testing equipment?

Fiber optic testing equipment ensure optimal performance and enhanced reliability of fiber optic networks. They are specifically designed to accurately measure and test the transmission characteristics of fiber optic cables. The manufacturing process of fiber optic testing equipment generally involves the integration of high-quality components, including power meters, light sources, optical time-domain reflectometers (OTDRs), etc., into a compact and user-friendly device. These components work to evaluate several parameters, such as optical power, reflectance, attenuation, and dispersion. Fiber optic testing equipment offer numerous benefits, including improved network reliability, high-performance optimization, swift identification and rectification of network issues, etc. Presently, some of the common types of product variants are optical time-domain reflectometers (OTDRs), optical loss test sets (OLTS), optical spectrum analyzers (OSAs), visual fault locators (VFLs), etc.

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What are the growth prospects and trends in the fiber optic testing equipment (FOTE) industry?

The escalating demand for high-speed and reliable internet connectivity is primarily driving the fiber optic testing equipment (FOTE) market. Additionally, the growing number of data centers and cloud services is further bolstering the market growth. Besides this, the widespread adoption of fiber optic technology in various industries, including healthcare, telecommunications, aerospace, etc., is acting as another significant growth-inducing factor. Moreover, the implementation of stringent rules by government bodies that mandate testing of fiber optic networks for improved safety and performance is positively influencing the global market. Apart from this, the development of portable and handheld testing equipment is also stimulating the market growth. Furthermore, the inflating need for detecting faults accurately and monitoring networks is anticipated to fuel the fiber optic testing equipment (FOTE) market over the forecasted period.

What is included in market segmentation?

The report has segmented the market into the following categories:

Product Type Insights:

  • Optical Time Domain Reflectometer (OTDR)
  • Optical Light Source (OLS)
  • Optical Power Meter (OPM)
  • Optical Loss Test Set (OLTS)
  • Remote Fiber Test System (RFTS)
  • Others

End User Insights:

  • Telecommunications
  • Data Centers
  • Industries
  • Others

Breakup by Region:

  • North America
  • Asia-Pacific
  • Europe
  • Latin America
  • Middle East and Africa

Who are the key players operating in the industry?

The report covers the major market players including:

  • America Fujikura Ltd. (Fujikura Ltd.)
  • Anritsu Corporation
  • Deviser Instruments Incorporated.
  • EXFO Inc.
  • Fluke Corporation (Fortive Corporation)
  • Kingfisher International
  • OZ Optics Ltd.
  • Terahertz Technologies (TREND Networks Limited)
  • VeEX Inc
  • VIAVI Solutions Inc.
  • Yokogawa Test & Measurement Corporation, etc.

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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.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Contact us:

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Lacrosse Equipment Market 2023 | Industry Size, Statistics and Forecast 2028

According to the latest report by IMARC Group, titled, “Lacrosse Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the global lacrosse equipment market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the lacrosse equipment market?

Report Attributes Details
Market Size in 2022 US$ 293.4 Million
Market Forecast in 2028 US$ 423 Million
Growth rate (2023 to 2028) CAGR of 6.50%
Base Year of the Analysis 2022
Forecast Period 2023-2028

What is lacrosse equipment?

Lacrosse represents a sport that is usually played with small rubber balls and long-handled sticks. The game requires players to exhibit agility, skill, and strategic thinking. Lacrosse equipment include a crosse. It is composed of a head and a handle and is commonly available in several lengths, thereby allowing players to choose a stick that suits their style of play. The head of the crosse comprises a pocket formed by interwoven strings that cradle the ball during play. This pocket enables players to carry, catch, and pass the ball with precision. Lacrosse equipment also consist of essential safety gear, such as helmets, gloves, shoulder pads, arm guards, rib protectors, etc. They safeguard the upper body and reduce the risk of injury during physical encounters.

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What are the growth prospects and trends in the lacrosse equipment industry?

The increasing number of endorsement deals, professional players, and brand sponsorships is primarily driving the lacrosse equipment market. Additionally, the easy availability of media coverage via traditional and digital platforms is further bolstering the market growth. Besides this, the growing popularity of lacrosse leagues, clubs, and tournaments is acting as another significant growth-inducing factor. Moreover, leading manufacturers are focusing on innovation, product development, and customization, which is positively influencing the global market. Apart from this, the inflating expenditure capacities of individuals and the wide accessibility of lacrosse equipment through sporting goods retailers are also stimulating the market growth. Furthermore, the rising investments in grassroots development programs by government bodies across countries are anticipated to fuel the lacrosse equipment market over the forecasted period.

What is included in market segmentation?

The report has segmented the market into the following categories:

Type Insights:

  • Protective Gears
  • Lacrosse Sticks
  • Lacrosse Balls
  • Accessories

Application Insights:

  • Male
  • Female

Distribution Channel Insights:

  • Sporting Goods Retailers
  • Department Stores, Hypermarkets and Supermarkets
  • Online Retail

Breakup by Region:

  • North America
  • Asia-Pacific
  • Europe
  • Latin America
  • Middle East and Africa

Who are the key players operating in the industry?

The report covers the major market players including:

  • CHAMPRO
  • ECD Lacrosse
  • Epoch Lacrosse
  • Maverik Lacrosse LLC
  • Nike Inc.
  • Pro Sports Equip
  • Savage X Lacrosse LLC
  • StringKing Inc
  • STX LLC
  • Warrior Sports Inc. (New Balance Athletics, Inc.), etc.

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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.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Contact us:

IMARC Group
Email: sales@imarcgroup.com
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Address: 134 N 4th St. Brooklyn, NY 11249, USA
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BPO Business Analytics Market Share 2023 | Industry Size, Growth and Forecast 2028

IMARC Group, a leading market research company, has recently releases report titled, “BPO Business Analytics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“ The study provides a detailed analysis of the industry, including the global BPO business analytics market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the BPO business analytics market?

Report Attributes Details
Market Size in 2022 US$ 22.7 Billion
Market Forecast in 2028 US$ 72.0 Billion
Growth rate (2023 to 2028) CAGR of 21.5%
Base Year of the Analysis 2022
Forecast Period 2023-2028

What is BPO business analytics?

Business analytics refers a set of technologies employed for solving business problems using data analysis, statistical models, and other quantitative methods. It involves iterative, methodical data exploration with structural analysis to evaluate and identify weaknesses in the current business processes. At present, it is widely utilized by business process outsourcing (BPO) service providers for back and front-office operations, including payment processing, quality assurance, marketing and customer relations, to achieve higher efficiency, assist decision-making, lower costs, and global expansion.

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What are the growth prospects and trends in the BPO business analytics industry?

The increasing adoption of cloud-based BPO services on account of their high flexibility and agility in various applications, such as finance and accounting, human resources, knowledge process outsourcing, procurement and supply chain, and customer services, represents one of the key factors positively influencing the market. In addition, the widespread integration of advanced technological solutions, such as artificial intelligence (AI) and machine learning (ML), in business processes is catalyzing the demand for business analytics to manage large volumes and complexity of data sets. This, in confluence with the rise in deployment of cloud-based solutions across small and medium enterprises (SMEs), is propelling the market growth across the globe. Apart from this, the increasing application of business analytics in the banking, financial services and insurance (BFSI), healthcare, manufacturing, transportation and logistics, and retail industries is driving the market worldwide.

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Offering:

  • Software
  • Services

Breakup by Deployment Type:

  • Cloud-based
  • On-premises

Breakup by Application:

  • Finance & Accounting
  • Human Resources
  • Knowledge Process Outsourcing
  • Procurement & Supply Chain
  • Customer Services
  • Others

Breakup by Vertical:

  • BFSI
  • IT and Telecommunication
  • Healthcare
  • Manufacturing
  • Retail
  • Transportation and Logistics
  • Others

Breakup by Region:

  • North America
  • Asia-Pacific
  • Europe
  • Latin America
  • Middle East and Africa

Who are the key players operating in the industry?

The report covers the major market players including:

  • Accenture PLC
  • Capgemini SE
  • Cognizant Technology Solutions
  • Exlservice Holdings Inc.
  • Genpact Limited
  • International Business Machines Corporation
  • Infosys Limited
  • Mu Sigma Inc.
  • NTT DATA Corporation (Nippon Telegraph and Telephone)
  • TATA Consultancy Services Limited (Tata Sons Private Limited)
  • Tech Mahindra Limited (Mahindra Group)
  • Wipro Limited
  • WNS Global Services.

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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.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Contact us:

IMARC Group
Email: sales@imarcgroup.com
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Address: 134 N 4th St. Brooklyn, NY 11249, USA
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Explosive Trace Detection (ETD) Market 2023 | Industry Trends and Forecast 2028

IMARC Group, a leading market research company, has recently releases report titled, “Explosive Trace Detection (ETD) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, The study provides a detailed analysis of the industry, including the global explosive trace detection (ETD) market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the explosive trace detection market?

Report Attributes Details
Market Size in 2022 US$ 2.1 Billion
Market Forecast in 2028 US$ 4.1 Billion
Growth rate (2023 to 2028) CAGR of 11.60%
Base Year of the Analysis 2022
Forecast Period 2023-2028

What is explosive trace detection?

Explosive Trace Detection (ETD) represents a technology used to detect the presence of minute traces of explosive substances that may pose a threat. They are characterized by heightened sensitivity to notice extremely low levels of explosive residue and enhanced selectivity to distinguish between different types of explosives and non-explosive substances. ETD systems are non-invasive devices that work by non-contact sampling and rapid detection, thereby facilitating efficient screening in high-traffic areas. They can be utilized with other security measures, including X-ray scanners, metal detectors, and canine teams, thereby minimizing the risk of damage or compromising the integrity of tested items and providing better output.

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What are the growth prospects and trends in the explosive trace detection industry?

The rising need for enhancing safety standards in critical infrastructure, such as government buildings and public gathering spaces, on account of the increasing threats of terrorism, mob attacks, insurgence, and geopolitical tensions, is among the key factors driving the explosive trace detection (ETD) market. Moreover, the implementation of strict security regulations in the aviation industry to protect passengers and prevent potential terrorist attacks is resulting in large-scale product deployment in airports, which is also stimulating the market growth. Besides this, the growing number of measures by the government bodies of numerous countries to detect and prevent the smuggling of explosives or other dangerous materials is acting as another significant growth-inducing factor. Furthermore, continuous product innovations with enhanced sample collection features, analysis techniques, and data interpretation software are further propelling the global market. Apart from this, growing urbanization levels and increasing cross-border trade are positively influencing the market growth. Additionally, the introduction of improvised explosive devices (IEDs) and extensive research and development (R&D) activities by key players are anticipated to fuel the explosive trace detection (ETD) market over the forecasted period.

What is included in market segmentation?

The report has segmented the market into the following categories:

Product Insights:

  • Handheld
  • Vehicle-Mounted
  • Others

Technology Insights:

  • Colorimetrics
  • Ion Mobility Spectrometry
  • Thermo-Redox
  • Chemiluminescence
  • Amplifying Fluorescent Polymer
  • Others

Application Insights:

  • Military and Defense
  • Transportation and Logistics
  • Public Safety and Law Enforcement
  • Commercial
  • Others

Breakup by Region:

  • North America
  • Asia-Pacific
  • Europe
  • Latin America
  • Middle East and Africa

Who are the key players operating in the industry?

The report covers the major market players including:

  • Autoclear LLC
  • Bruker Corporation
  • DetectaChem LLC
  • Leidos Holdings Inc.
  • Nuctech Company Limited
  • Smiths Detection Group Inc
  • Teledyne FLIR LLC
  • Westminster International Ltd., etc.

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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.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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Email: sales@imarcgroup.com
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Starch Derivatives Market 2023 | Industry Trends, Growth and Forecast 2028

IMARC Group, a leading market research company, has recently releases report titled, “Starch Derivatives Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, The study provides a detailed analysis of the industry, including the global starch derivatives market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the starch derivatives market?

Report Attributes Details
Market Size in 2022 US$ 52.3 Billion
Market Forecast in 2028 US$ 74.9 Billion
Growth rate (2023 to 2028) CAGR of 6.40%
Base Year of the Analysis 2022
Forecast Period 2023-2028

What is starch derivatives?

Starch derivatives represent a group of organic compounds derived from starch, a complex carbohydrate found in plants. They include modified starch, cyclodextrin, starch esters, glucose syrup, maltodextrin, and hydrolysates. Starch derivatives are commercially produced by modifying starch using chemical, physical, and enzymatic methods. They are also renewable and biodegradable in nature, which aids in reducing adverse environmental impacts, promoting sustainability, and minimizing reliance on fossil fuel-based alternatives. As a result, these organic compounds find wide applications across the textile, cosmetics, pharmaceuticals, printing, papermaking, and packaging industries.

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What are the growth prospects and trends in the starch derivatives industry?

The widespread adoption of the product as an agent for thickening, emulsifying, stabilizing, and encapsulating, thereby enhancing texture, stability, and the preservation of flavor, fragrances, and nutrients, is primarily driving the starch derivatives market. Furthermore, the escalating demand for convenience and fast-food items, on account of changing dietary patterns, is also augmenting the market growth. Apart from this, the rising usage of these organic compounds in the pharmaceutical industry as excipients and drug delivery systems, improving binding, solubility, stability, bioavailability, and controlled release properties is positively influencing the global market. Moreover, the introduction of enzymatic methods in the manufacturing process, which uses specific enzymes, including amylase, pullulanase, and cyclodextrin glycosyltransferases (CGTases) to increase yield, selectivity, production efficiency, and functionalities, is further bolstering the market growth. Besides this, the increasing utilization of starch derivatives in the production of biodegradable packaging with eco-friendly, flexible, durable, strong, and barrier properties is acting as another significant growth-inducing factor. Additionally, the growing popularity of the product in cosmetics and personal care items, such as lotions, creams, shampoos, diapers, and sanitary pads, is expected to drive the starch derivatives market in the coming years.

What is included in market segmentation?

The report has segmented the market into the following categories:

Product Insights:

  • Maltodextrin
  • Glucose Syrup
  • Cyclodextrin
  • Hydrolysates
  • Modified Starch
  • Others

Application Insights:

  • Food and Beverages
  • Cosmetics
  • Paper
  • Pharmaceuticals
  • Feed
  • Others

Breakup by Region:

  • North America
  • Asia-Pacific
  • Europe
  • Latin America
  • Middle East and Africa

Who are the key players operating in the industry?

The report covers the major market players including:

  • Agrana Group (AGRANA Zucker Stärke und Frucht Holding AG)
  • Archer Daniels Midland Company
  • Cargill Incorporated
  • Foodchem International Corporation
  • Grain Processing Corporation (Kent Corporation)
  • Ingredion Incorporated
  • JP & SB International
  • Matsutani Chemical Industry Co., Ltd.
  • Roquette Frères
  • ShreeGluco Biotech Private Ltd.
  • Tate & Lyle PLC
  • Tereos S.A, etc.

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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.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Contact us:

IMARC Group
Email: sales@imarcgroup.com
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Address: 134 N 4th St. Brooklyn, NY 11249, USA
Website: https://www.imarcgroup.com/
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Linkedin: https://www.linkedin.com/company/imarc-group

Smart Grid Sensors Market 2023 | Industry Size, Trends and Forecast 2028

IMARC Group, a leading market research company, has recently releases report titled, “Smart Grid Sensors Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, The study provides a detailed analysis of the industry, including the global smart grid sensors market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the smart grid sensors market?

Report Attributes Details
Market Size in 2022 US$ 339.7 Million
Market Forecast in 2028 US$ 885.6 Million
Growth rate (2023 to 2028) CAGR of 14.09%
Base Year of the Analysis 2022
Forecast Period 2023-2028

What is smart grid sensors?

Smart grid sensors represent devices that are deployed within a smart grid infrastructure to monitor and manage numerous aspects of the electrical grid. They are equipped with real-time data collection, wireless or wired communication, information storage, and advanced analytics capabilities. Smart grid sensors are small and lightweight nodes that enable utilities to monitor and manage the grid more efficiently, improve reliability, detect and respond to issues promptly, and enhance overall grid performance. As a result, these devices are widely used in advanced metering infrastructure, grid distribution management, supervisory control and data acquisition, and smart energy meters.

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What are the growth prospects and trends in the smart grid sensors industry?

The escalating demand for energy and the rising focus on power quality are among the key factors driving the smart grid sensors market. Moreover, the widespread adoption of these devices, which optimize distribution, ensure reliable electricity supply, address power quality issues, and provide accurate and real-time data on voltage and current, is also stimulating the market growth. Besides this, the inflating usage of the product in renewable energy sources, including solar and wind power, is acting as another significant growth-inducing factor. Furthermore, the increasing investments in smart grid technologies by several countries to upgrade aging power infrastructure are further propelling the global market. Apart from this, the launch of advanced sensors that offer improved accuracy, reliability, and cost-effectiveness is positively influencing the market growth. Additionally, the growing popularity of the product for early fault detection, quick response to grid disturbances, and predictive maintenance, thereby enhancing grid resilience and reliability, on account of the extreme weather events and the threat of cyberattacks, is anticipated to fuel the smart grid sensors market over the forecasted period.

What is included in market segmentation?

The report has segmented the market into the following categories:

Sensor Insights:

  • Voltage and Temperature Sensors
  • Outage Detection
  • Others

Application Insights:

  • Advanced Metering Infrastructure
  • Smart Grid Distribution Management
  • Supervisory Control and Data Acquisition
  • Smart Energy Meter
  • Others

Breakup by Region:

  • North America
  • Asia-Pacific
  • Europe
  • Latin America
  • Middle East and Africa

Who are the key players operating in the industry?

The report covers the major market players including:

  • Aclara Technologies LLC (Hubbell Incorporated)
  • Eaton Corporation plc
  • GIPRO GmbH
  • Itron Inc.
  • Landis+Gyr AG
  • S & C Electric Company
  • Schneider Electric SE
  • Sentient Energy Inc. (Koch Engineered Solutions), etc.

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If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Contact us:

IMARC Group
Email: sales@imarcgroup.com
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Address: 134 N 4th St. Brooklyn, NY 11249, USA
Website: https://www.imarcgroup.com/
Follow us on Twitter: @imarcglobal
Linkedin: https://www.linkedin.com/company/imarc-group

Optical Metrology Market 2023 | Industry Trends, Size, Share and Forecast 2028

IMARC Group, a leading market research company, has recently releases report titled, “Optical Metrology Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, The study provides a detailed analysis of the industry, including the global optical metrology market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the optical metrology market?

Report Attributes Details
Market Size in 2022 US$ 2.91 Billion
Market Forecast in 2028 US$ 4.02 Billion
Growth rate (2023 to 2028) CAGR of 5.70%
Base Year of the Analysis 2022
Forecast Period 2023-2028

What is optical metrology?

Optical metrology encompasses the science and technology of utilizing optical techniques to measure physical quantities and properties. It employs light, lasers, and related optical components to conduct accurate measurements of various parameters, such as length, displacement, shape, surface roughness, thickness, refractive index, and more. By studying the behavior of light, including reflection, refraction, interference, diffraction, absorption, and scattering, optical metrology provides quantitative data regarding the physical properties of objects or materials under investigation. Compared to traditional measurement techniques, optical metrology offers exceptional precision, non-contact measurement capabilities, and rapid data acquisition. Consequently, it finds extensive applications across numerous sectors, such as manufacturing, engineering, material science, semiconductors, biotechnology, etc.

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What are the growth prospects and trends in the optical metrology industry?

The optical metrology market growth is primarily driven by the increasing adoption of automation in the manufacturing industry for real-time and precise measurements for quality control, process optimization, and product development. The market is further fueled by the escalating advancements in optical technologies that enable more accurate and efficient measurement techniques. Additionally, the introduction of three-dimensional (3D) metrology in several industries facilitates the measurement of complex geometries, shape analysis, and dimensional accuracy verification, thereby positively influencing the market growth. Besides this, the rising demand for miniaturization requires the use of optical metrology solutions for measuring and analyzing micro and nano-scale features, which is acting as another significant growth-inducing factor. Moreover, the expanding utilization of optical metrology in ophthalmology and dentistry, the elevating focus on research and development (R&D) activities, and the growing emphasis on quality assurance and inspection will continue to bolster the optical metrology market in the coming years.

What is included in market segmentation?

The report has segmented the market into the following categories:

Equipment Insights:

  • Autocollimators
  • Measuring Microscopes
  • Profile Projectors
  • Optical Digitizers and Scanner (ODSs)
  • Multi-Sensor CMM
  • Video Measuring Machines (VMMs)
  • Others

End Use Insights:

  • Automotive
  • Aerospace and Defense
  • Energy and Power
  • Electronic Manufacturing
  • Industrial
  • Medical
  • Others

Breakup by Region:

  • North America
  • Asia-Pacific
  • Europe
  • Latin America
  • Middle East and Africa

Who are the key players operating in the industry?

The report covers the major market players including:

  • Carl Zeiss Industrial Metrology LLC
  • Creaform Inc (Ametek Inc.)
  • FARO Technologies Inc.
  • Hexagon AB
  • KLA Corporation
  • Micro-Vu
  • Mitutoyo Corporation
  • Nikon Metrology Inc.
  • Nova Ltd.
  • Quality Vision International Inc., etc.

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If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Contact us:

IMARC Group
Email: sales@imarcgroup.com
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Address: 134 N 4th St. Brooklyn, NY 11249, USA
Website: https://www.imarcgroup.com/
Follow us on Twitter: @imarcglobal
Linkedin: https://www.linkedin.com/company/imarc-group