A Market Place Research – Page 2664

AMR Forecasts $378.56 Billion 3D Display Market by 2030

Screen-Based Display, Micro Display, HMD

Analyzing the current situation of pandemic, Allied market research has published a report titled, “3D Display Market by Type (Volumetric Display, Stereoscopic, and HMD), Technology (DLP RPTV, PDP, OLED, and LED), Access Method (Screen Based Display and Micro Display), and Application (TV, Smartphones, Monitor, Mobile Computing Devices, Projectors, HMD, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030”, which says, the global 3D display market size is projected to reach $378.56 billion by 2030, registering a CAGR of 17.6% from 2021 to 2030.The researchers have intelligently made analysis and forecasts of the future growth by taking the past performance and data into consideration. The analysis offered by the report will surely provide valuable insights to the stakeholders of the 3D Display Market.

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KEY MARKET PLAYERS:

Before entering a market, it is always advisable to analyze the performance of the already existing players to survive for the long run by gaining competitive advantage. This report offers an analysis of the key market players involved in the 3D Display Market.

The top 10 players included in the report are: Sony Corp., Panasonic Corp., LG Electronics Inc., Samsung Electronics Corp., Toshiba Corp., Sharp Corp., 3D Fusion, 3DIcon, Fujifilm Corp. and Mitsubishi Electric Corp

KEY BENEFITS FOR STAKEHOLDERS

This report provides a detailed quantitative analysis of the current trends and 3D Display Market forecast estimations from 2021 to 2030, which assists to identify the prevailing Market opportunities.
An in-depth 3D Display Market share includes analysis of various regions and is anticipated to provide a detailed understanding of the current trends to enable stakeholders formulate region-specific plans.
A comprehensive analysis of the factors that drive and restrain the growth of the global 3D Display Market is provided.
Region-wise and country-wise 3D Display Market conditions are comprehensively analyzed in this report.
The projections in this report are made by analyzing the current 3D Display Market size and future market potential from 2021 to 2030 in terms of value.
An extensive analysis of various regions provides insights that are expected to allow companies to strategically plan their business moves.
The key market players are profiled in this report and their strategies are analyzed thoroughly, which helps in understanding competitive outlook of global 3D Display Market.

KEY SEGMENTATION:

The report offers an extensive analysis of different segments of the 3D Display Market. The segments analyzed in the report includes, types, applications, end users and region covering provinces such as North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa). The charts and tables related to each segment make the analysis easily understandable and provide a visual representation of the related data.

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ABOUT US

Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.

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Nitrogen Oxide Control Systems Market to Hit $28,044 million by 2025, at a CAGR of 5.7%

According to a new report published by Allied Market Research, titled, Nitrogen Oxide Control Systems Market, By Technology and Application: Global Opportunity Analysis and Industry Forecast, 2018-2025,” the global nitrogen oxide control systems market was valued at $17,833 million in 2017, and is projected to reach $28,044 million by 2025, registering a CAGR of 5.7% from 2018 to 2025.

The global nitrogen oxide control systems market is driven by factors such as stringent government regulations and programs, such as the Clean Air Act Amendments of 1990 and the Ozone Transport Region (OTR) NOx Cap and Allowance Trading Program, to reduce nitrogen oxide emission in different industries such as power generation, cement manufacturing, chemicals, and metal processing.

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However, limited operational range of this system is a major performance issue, which is expected to hinder the growth of the global nitrogen oxide control systems market. New developments in pollution control technologies and increase in consumer awareness regarding pollution control are expected to offer growth opportunities to the global nitrogen oxide control systems market.

Nitrogen oxide control systems based on selective catalytic reduction (SCR) technology are in high demand among end users. However, the selective non-catalytic reduction (SNCR) technology is expected to grow at a high CAGR during the forecast period. The SNCR operating and capital costs are lowest among all the NOx reduction methods, and the retrofit is also relatively simpler. In addition, SNCR has low downtime for large- and medium-size units. Furthermore, it is applied with combustion control to ensure higher NOx reduction.

Asia-Pacific was the leading revenue contributor to the global NOx market, and it is expected to dominate the market during the forecast period. The demand for cement in the construction industry has been growing at a significant rate in the Asia-Pacific region, which has led to increase in emissions of nitrogen oxide into the atmosphere. Cement manufacturing along with transportation is one of the important applications of nitrogen oxide control systems. Likewise, coal-fired power plants have been experiencing high growth rates in countries such as China, India, Vietnam and Japan, further propelling the demand for nitrogen oxide control systems and boosting the growth of the market.

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The key players of this nitrogen oxide control systems market include Babcock & Wilcox Enterprises, Inc., CECO Environmental, Ducon Technologies, Inc., Fuel Tech, Honeywell International, Inc., John Wood Group PLC, Mitsubishi Hitachi Power Systems, Ltd., S.A. Hamon, Siemens AG, and the Shell Group. Other players (these players are not profiled in the report, and the same can be included on request) in the value chain include Thermax Limited, Fujian Longking Co., Ltd., and Delphi Technologies.

Key Findings of the Nitrogen Oxide Control Systems Market:

• The selective catalytic reduction segment accounted for two-fifths market share.

• The industrial segment is anticipated to grow at the highest rate in the nitrogen oxide control systems market during the forecast period.

• The Asia-Pacific nitrogen oxide control systems market accounted for nearly half of the market share.

• The LAMEA region is anticipated to grow with the highest CAGR of 7.6% during the forecast period.

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About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

North America and Asia-Pacific Gasket and Seal Market to Hit $528,083.3 thousand by 2025, at a CAGR of 5.5%

According to a new report published by Allied Market Research, titled,”North America and Asia-Pacific Gasket and Seal Market by Type, and End-Use Industry: Opportunity Analysis and Industry Forecast, 2018 – 2025,”the North America and Asia-Pacific gasket and seal market accounted for revenue of $343,697.5 thousand in 2017 and is anticipated to generate revenue of $528,083.3 thousand by 2025. The market is projected to grow at a CAGR of 5.5% from 2018 to 2025.

Gaskets are shaped sheets or rings of rubber or other materials that are inserted between two joined metal surfaces to prevent gas, oil, or steam from escaping. They are made from a flat material, a sheet such as paper, rubber, silicone, metal, cork, felt, neoprene, nitrile rubber, fiberglass, polytetrafluoroethylene, or a plastic polymer. An effective gasket in industrial application has the ability to withstand high compressive loads.

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Seals are generally molded or machined products used between engine parts, pumps, and shafts to prevent occurrence of leaks within a molded or machined product. Significant increase in motor vehicle production, machinery output, and electrical and electronic equipment production is anticipated to boost the demand for gaskets and seals in the market. Furthermore, rise in adoption of mechanical seals from oil and gas refineries in North America to ensure perfect or precise sealing in a pipeline, which is expected to increase the market value significantly. However, volatility in prices of raw material is anticipated to hamper the market during the forecast period. Moreover, need of superior sealing requirements majorly in the food & beverage, and chemical industries is projected to create huge growth opportunities in the near future.

On the basis of end-use industry, the North America and Asia-Pacific gasket and seal market is classified into automotive & transport, industrial & manufacturing, oil & gas, power & energy, chemicals, and others. Automotive & transport and oil & gas dominated the end-use industry segment in terms of revenue. Increase in adoption of gasket and seal solutions in oil and gas refineries is due to stringent regulations implemented by Environmental Protection Agency (EPA) in North America. As compared to Europe and LAMEA, North America and Asia-Pacific gasket and seal market share is dominant, owing to rising industrialization in Asia-Pacific, and significant increase in adoption of mechanical seals in oil and gas refineries of North America.

Asia-Pacific accounted for more than half share of the gasket and seal market in 2017, and is expected to maintain its lead position during the forecast period, owing to increase in motor vehicle production. India, Japan, Indonesia are some of the countries in the Asia-Pacific region where there is significant rise in motor vehicle production, which fuels the demand for gasket. Asia-Pacific is expected to continue its dominance during the analysis period in terms of revenue, owing to rise in industrialization.

The North America and Asia-Pacific gasket and seal market analysis covers in depth information of major players. Arezda, EagleBurgmann Germany GmbH & Company KG, Flexitallic, Flowserve Corporation, Garlock, James Walker Group Ltd., John Crane, KLINGER Group, NICHIAS Corporation, Smiths Group plc, Tri Graha Sealisindo, and Valqua Ltd are the key players operating in the market.

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Key Findings of the North America and Asia-Pacific Gasket and Seal Market:

• The North America gasket and seal market is projected to grow at the considerable growth rate of nearly 4.4% in terms of revenue, during the forecast period
• Based on type, gasket market has highest market share in terms of revenue.
• Based on end-use industry, the industrial & manufacturing sector of the market is anticipated to witness noteworthy growth rate of 5.8%, in terms of revenue, during the forecast period.
• Asia-Pacific dominated the gasket and seal market with a revenue share of over 54% in 2017
• The North America, and Asia-Pacific gasket and seal market trends are also analyzed across major countries of the regions.
• The qualitative data in this report aims on the market dynamics, trends, and developments in the North America and Asia-Pacific gasket and seal industry.
• A comprehensive analysis of the factors that drive and restrain the North America and Asia Pacific gasket and seal market growth is provided.
• The quantitative data provides information of the North America and Asia-Pacific gasket and seal market size in terms of revenue.

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Oil Country Tubular Goods Market to Hit $37.5 Billion by 2030, at a CAGR of 6.5%

According to a new report published by Allied Market Research, titled, “Oil Country Tubular Goods market by type, and by application: Global Opportunity Analysis and Industry Forecast, 2020-2030,” The global Oil Country Tubular Goods market size was valued at $20.9 billion in 2020, and projected to reach $37.5 billion by 2030, with a CAGR of 6.5% from 2021 to 2030.

Oil and gas play major role for the development of the economy of the world. The rise in the consumption of oil and gas has resulted in increase in exploration of oil and gas. The shale revolution in the U.S. has positive impact on the development of the market. In the coming years, the U.S. is expected to become the net exporter of natural gas due to increase in the extraction of the shale gas. Exploration and increase in productivity of oil and natural gas are stimulated due to the increase in the demand for oil and gas around the world. The presence of major oil and gas service firms has boosted the drilling operations across the world that is driving the growth of the Oil Country Tubular Goods industry.

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The presence of political policies and economy stability in various developed countries has banned advanced technology, which can increase the efficiency and safety of exploration & transportation of the oil & gas. The government policies to develop the GDP of the country and save local enterprises from other manufacturing firms hamper the development of the oil country tubular goods market.

The Oil Country Tubular Goods market is segmented on the basis of manufacturing process, product, application, grade, and region. On the basis of manufacturing process, the global Oil Country Tubular Goods market is segmented into Electric Resistance Welded and Seamless. On the basis of product, the market is segmented into well casing, product tubing, drill pipe, and others. On the basis of application, the global Oil Country Tubular Goods market is segmented into onshore and offshore. On the basis of grade, it is fragmented into API grade and Premium grade.

Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA. Presently, North America accounts for the largest share of the market, followed by Asia-Pacific and Europe.

The major companies profiled in this report include ArcelorMittal SA, EVRAZ North America, ILJIN Steel Corporation, JFE Steel Corporation. National-Oilwell Varco Inc, Oil Country Tubular Limited, Sumitomo Corporation, Tenaris, TMK Ipsco Enterprises Inc., and U.S. Steel Corporation. Rapid industrialization and modernization has led to the increase in the demand for energy resources and chemical raw materials, which in-turn has fueled the demand for Oil Country Tubular Goods. Additional growth strategies such as expansion of production capacities, acquisition, partnership, and joint venture in the development of the high quality OCTG products from manufacturers have helped to attain key developments in the global Oil Country Tubular Goods market trends.

In addition to the above mentioned companies, TPCO Inc., Vallourec SA, Continental Alloys, Anhui Tianda Oil Pipe Company, and others also compete for the share of the market through partnership, acquisition, and expansion of the production capabilities to meet the future demand for the Oil Country Tubular Goods during the forecast period.

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Key findings of the study

Region wise, the North America is projected to witness growth at the highest CAGR in terms of revenue, during the forecast period.
As per global Oil Country Tubular Goods market analysis, by application, the onshore segment accounted for the largest share in 2020.
On the basis of manufacturing process, the electric resistance welded segment was the major share contributor in 2020.

Impact Of Covid-19 On The Global Oil Country Tubular Goods Market

Emergence of COVID-19 had a negative impact on the growth of the Oil Country Tubular Goods market during this period.
This impact is mostly attributed to the significant disruptions in the raw material transportation, presence of low-labor, led to shutdown of many manufacturing industries led to decline of demand power hence decrease in the demand for Oil Country Tubular Goods market during this period.
The decrease in demand for many non-essential products and shut down of electrical, automotive, and other solar panel related industries has created a negative impact on the development of Oil Country Tubular Goods market
The increasing demand for environment friendly resources and increase in awareness among the people regarding the advantages of the power generate from solar panels towards environment will provide good opportunities for the growth of Oil Country Tubular Goods market.
Thus, the abovementioned factors are expected to have great impact on the development of Oil Country Tubular Goods market growth in this forecast period.

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Low Rolling Resistance Tire Market Opportunity Analysis and Industry Forecast, 2021–2027

Automobile tires are considered as an important factor to improve vehicle efficiency and reduce overall fuel consumption. Low rolling resistance reduces the energy loss as a tire roll and thus helps in decreasing the required rolling effort and improves vehicle fuel efficiency. Hence, the purpose of using a low rolling resistance tire is to reduces the friction force that is obtained from the ground. Thus, it increases the operational efficiency of the vehicles and also improves the driving experience of the rider. In addition, the low rolling resistance tire is made up of synthetic rubber, natural rubber, fabric, and wire. These tires are now being used in hybrid cars, and are used in the mainstream vehicles. Furthermore, they are essentially green and are used for enhancing fuel efficiency, vehicle performance, and safety, besides help to bring about a reduction in vehicular emissions. Increase in adoption of a low rolling resistance market is expected to grow the market further during the forecast period.

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Major Market Players:

Apollo Tyres Ltd., Bridgestone Corp., Continental AG, Cooper Tire & Rubber Co., Hankook Tire & Technology Co. Ltd., Michelin Group, Pirelli & C. Spa, Pirelli & C. Spa, The Goodyear Tire & Rubber Co., The Yokohama Rubber Co. Ltd., and ZHONGCE RUBBER GROUP Co. Ltd.

The major factor that boosts the growth of the global market includes increase in demand for vehicles that save fuel and emit less carbon. This, in turn, is expected to spur the demand for low rolling resistance tires during the forecast period. However, high cost associated with the low rolling resistance tire is anticipated to hinder the market growth during the forecast period. Conversely, increase in inclination toward environmental protection and conservation of natural resources and rise in demand for fuel-efficient vehicles are expected to offer lucrative opportunities for the market.

There has been surge in demand for lightweight vehicles in recent years. Hence, the low rolling resistance tire manufacturers are increasingly adopting wide-based low rolling resistance tire (LRR) tires for trucks and buses, as they reduce vehicle weight & improve the fuel efficiency of the vehicles. In addition, the low rolling resistance tire in the highway trucks fleet and the reduced weight allow fleet operators to put a high payload on vehicles particularly, in weight-sensitive applications. Thus, all these factors are anticipated to drive the overall low rolling resistance tire market during the forecast period.

Increase in application of low rolling resistance tire reduces energy loss through resistance and enhances the efficiency of the vehicles. In addition, low rolling resistance tire includes an enhanced design, which reduces fuel consumption and enhances fuel efficiency, vehicle performance, and safety. Thus, low rolling resistance translates to reductions in overall fuel consumption and low rolling resistance tires have been gaining traction in the transportation sector.

COVID-19 scenario analysis

The manufacturing teams across geographies have shown tremendous resilience amidst the pandemic and have adapted to the new normal for business continuity.
As the demand for tires has vanished during the lockdown, inventory kept with tire manufacturers has risen to two months’ worth of production the highest ever.
Producers are working on strategies to reduce stockpiling such as with production cuts, laying off jobs, and others. The staff members of various departments are instructed to work from home during the lockdown period within which production is completely been shut.
While the uncertainty will continue, and the market will have to find growth opportunities, the hope of the markets further recovering and the sales bouncing back in the near future.
The tires industry is directly connected with the original equipment manufacturers (OEM), hence it will face huge losses till the lockdown is over.

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Questions answered in the low rolling resistance tire market research report:

Which are the leading players active in the low rolling resistance tire market?
What are the current trends that will influence the market in the next few years?
What are the driving factors, restraints, and opportunities of the market?
What are the projections for the future that would help in taking further strategic steps?

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Name: David Correa

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About Allied Market Research

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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Fine Art Logistics Market by Type (Transportation, Packaging, Storage)2027 – Agility, DHL, DB Schenker, KUEHNE + NAGEL, Rhenus Logistics, DMS Global Event Logistics

The fine arts logistics involves transportation, packaging, storage, and import authorization of fine arts porcelains, such as arts, paintings, antiques, and sculptures. All the artworks are warehoused in the dedicated humidity and temperature meticulous warehouses, which are prepared with the safekeeping web-enabled cameras and closed-circuit televisions. The generated sales revenue of the global fine arts market is majorly contributed by art dealers, auction houses, galleries, and museums. Fine arts logistics has now been adopted by art galleries, museums, and other art collection, which is expected to boost the fine arts logistic market during the forecast period.

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Major Market Players:

Agility, DHL, DB Schenker, KUEHNE + NAGEL, Rhenus Logistics, DMS Global Event Logistics, SITE EVENT LOGISTICS, Chaucer Logistics Group, SOS Global Express, and EFI Logistics

Some of the factors that boost the growth of the market include increase in the demand of professional fine arts and endlessly developing fine art logistics market. However, expenses linked with the fine art logistics and lack of accessibility of skilled professionals are the limiting aspects of the market. Conversely, growth in the e-commerce fine art sales and continuous technological improvements considering fine arts logistics are expected to offer lucrative opportunities for the market during the forecast period.

The growing demand for professional fine art logistics services is considered to be one of the major factors expected to attract attention in the global art logistics market during the forecast period. Professional fine art logistics services provide high-end event logistics and supply chain solutions with value-added services (VAS). These services include transportation, packaging, and storage. In addition, the demand is growing for logistics from professional fine arts dealers and galleries, owing to strong private sales of professional fine arts products.

Geographies covered

North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Russia, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and Rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa)

Type

Transportation
Packaging
Storage
Others

Application

Аrt dеаlеrѕ аnd gаllеrіеѕ
Аuсtіоn hоuѕеѕ
Мuѕеum аnd аrt fаіr

ICEFTA represents more than 70% of the independent transportation art firms from more than 30 countries. ICEFTA helps to promote the premier standards of professionalism in the field of fine arts gallery and museum shipping. In addition, the organization helps the exchange of ideas between players in the field of shipping, packaging, and forwarding of artifacts and antiquities through annual conventions. Moreover, the art transportation firm represented by ICEFAT specializes in shipping artwork and handling works of art, antiquities, artifacts for galleries, museums, auction houses, dealers, and private art collectors. Thus, the establishment of International Convention of Exhibition and Fine Art Transporters (ICEFAT) is anticipated to propel the market growth.

COVID-19 scenario analysis

The COVID-19 pandemic had the most sudden and substantial impact on the arts and cultural heritage sector. The global health crisis and the uncertainly resulting from it profoundly affected the organization’s operations as well as individuals both employed and independent across the globe.
The arts and culture sector organizations attempted to uphold their mission to provide access to cultural heritage to the community while reacting to the unexpected change in their business model with an unknown end.
The most cultural institutions across the globe were indefinitely closed or at least with their services radically curtailed, and in-person exhibitions, events, and performances were canceled or postponed.
The additional services through digital platforms, to maintain essential activities with minimal resources, and to document the events themselves through new acquisitions, including new creative works inspired by the pandemic.

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Questions answered in the fine art logistics market research report:

Which are the leading players active in the fine art logistics market?
What are the current trends that will influence the market in the next few years?
What are the driving factors, restraints, and opportunities of the market?
What are the projections for the future that would help in taking further strategic steps?

Contact Info:

Name: David Correa

Email: Send Email

Organization: Allied Market Research

Address: 5933 NE Win Sivers Drive #205, Portland, OR 97220 United States

Phone: 1-800-792-5285

Website: https://www.alliedmarketresearch.com/

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Blockchain Supply Chain Market 2022: Research Analysis, Strategies, Business Plan, & Revenue by 2025

The rapid proliferation of the e-commerce industry is expected to create multiple opportunities in the market. An increase in demand for supply chain transparency, and a rise in need for improved security of supply chain transactions drive the growth of the global blockchain supply chain market.

Major key players such as – BTL Group, Huawei Accenture Plc., Oracle Corporation, Auxesis Group, SAP SE, Microsoft Corporation, TIBCO Software, IBM Corporation, and AWS Inc.

The global blockchain supply chain market was estimated at $93.16 million in 2017 and is expected to reach $9.85 billion by 2025, growing at a CAGR of 80.2% from 2018 to 2025.

Based on geography, the North America region held the largest share in 2017, accounting for nearly three-fifths of the total market. The Asia-Pacific region, on the other hand, is anticipated to grow at the fastest CAGR of 90.4% during the period.

Based on component, the platform segment accounted for more than four-fifths of the total market share in 2017 and is predicted to maintain its leadership status by 2025. Simultaneously, the services segment would register the fastest CAGR of 87.6% during the estimated period.

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Based on industry vertical, the retail segment contributed to nearly one-fourth of the total market revenue in 2017 and is anticipated to maintain its dominance during the period 2018–2025. At the same time, the healthcare segment is projected to showcase the fastest CAGR of 83.2% by 2025.

Lastly, this report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market.

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5G Technology Market Size is Projected to Garner $797.80 billion by 2030 | CAGR 65.8%

Rise in demand for immersive experiences such as AR and VR that demand 5G technology would open new opportunities in the market. Benefits of 5G technology such as faster speed, uniform data rates, lower latency, and lower cost-per-bit drive the growth of the global 5G technology market.

Major industry players – Deutsche Telekom AG, Ericsson, Huawei Technology, Nokia, Orange S.A., Qualcomm Inc., Telecom Italia, Telstra, T-Mobile, and Intel Corporation.

The global 5G technology market generated $5.13 billion in 2020, and is estimated to reach $797.80 billion by 2030, growing at a CAGR of 65.8% from 2021 to 2030.

Based on region, Asia-Pacific, followed by North America, held the highest share in 2020, contributing to nearly two-fifths of the global 5G technology market. In addition, the region would register the fastest CAGR of 69.7% from 2021 to 2030, due to presence of younger population and rise in demand for digital applications such as social gaming, media, and online video consumption.

Based on connectivity, the massive machine type communication (MMTC) segment is projected to manifest the highest CAGR of 70.1% during the forecast period. In mMTC, autonomously communicating machines are expected to create sophisticated mobile traffic, particularly in machine-to-machine (M2M) domains. Furthermore, licensed spectrum over cellular infrastructure and involvement of various technologies including SigFoX and LoRa (Long Range) increase reliability and pervasive realization of the MTC. These factors are expected to contribute to the growth of mMTC in the 5G technology industry. However, the enhanced mobile broadband (EMBB) segment dominated in terms of revenue in 2020, accounting for nearly three-fourths of the global 5G technology market share in 2020, due to rise in demand of consumers for mobile data.

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Based on offering, the software segment is expected to register the highest CAGR of 69.8% during the forecast period, as it offers SDN and NFV implementation and adaptable, manageable, and cost-effective solution for dynamic applications. However, the hardware segment held the largest share in 2020, accounting for more than half of the global 5G technology market share in 2020, due to its low latency levels.

Covid-19 outbreak:

The Covid-19 pandemic positively affected the growth of the 5G technology market due to sudden increase in demand for fast internet network and adoption of work from home culture.
However, prolonged lockdown and lot of uncertainties across the world negatively affected the market and reduced number of new investments in the industry.

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Supply Chain Management Market Propels Growth at a CAGR of10.7% by 2030 | Industry Trends, Demands, Research Analysis

Growth of the global supply chain management market is driven by development of industrial-grade digital technology, surge in need for improved supply chain visibility, and increase in inclination toward cloud-based supply chain management software. Moreover, surge in need of demand management solutions among enterprises and increase in adoption of SCM software in healthcare and pharmaceutical companies further boosts the growth of the market. However, high cost associated with the implementation and maintenance of SCM solution and increase in security & privacy concerns among enterprises are expected to impede the market growth. On the contrary, upsurge in demand for transportation management systems (TMS) software and integration of blockchain technology in SCM software are expected to present major opportunities for supply chain management market expansion in the near future.

Major industry players – SAP SE, Oracle Corporation, JDA Software Group, Inc., Infor, Manhattan Associates, Epicor Software Corporation, The Descartes Systems Group Inc., HighJump, Kinaxis Inc., and IBM Corporation.

The supply chain management market was valued at $18,699.45 million in 2020, and is projected to reach $52,632.37 million by 2030, registering a CAGR of 10.7%.

The on-premise SCM software segment led the SCM industry in 2020, and is expected to continue to remain dominant in the near future. On-premise based supply chain management solution allows organizations to have control over security & other connectivity issues and improves the scalability, speed, reliability, and connectivity of organizations. However, cloud-based SCM software is expected to witness highest growth rate, due to rise in adoption of cloud-based SCM software in small- & medium-sized enterprises.

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In 2020, the supply chain management market share was dominated by the Procurement and sourcing segment, and is expected to maintain this trend during the forecast period. The major role of procurement & sourcing is to obtain supplies at the lowest possible price. Sourcing mainly focuses on lowering prices, improving quality, and achieving efficiencies on a regional as well as global level. While procurement refers to the mechanics of purchasing, which includes making timely payments and filling out order forms. However, the transportation management system segment is expected to witness the highest growth. The digital revolution is changing the landscape of the transportation business, due to which number of transportation management system vendors and third-party providers are adopting digitized systems for supply chain management and transportation activities, which is positively impacting the growth of the market.

Post COVID-19, the size of the supply chain management (SCM) market is estimated to grow from $18,699.45 million in 2020 and projected to reach $52,632.37 million by 2030, at a CAGR of 10.7%. The current estimation of 2030 is projected to be higher than pre-COVID-19 estimates. This is attributed to the rapid growth in demand for SCM software due to supply chain disruptions triggered by the COVID-19 pandemic.

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Insulation Materials Market Analysis and Projection, Application, and Region – Global Forecast to 2022

Insulation Materials Market Report by Allied Market Research, forecasts that the global market was valued at $60,000 million in the year 2015, and is expected to reach $92,570 million by 2022 growing at a CAGR of 6.2% during the forecast period. The global insulation materials market with major revenue contributor from wires & cables application segment. Asia-Pacific holds the leading position in the global market in 2015, and is expected to maintain its lead throughout the study period.

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Growth of the automotive and oil & gas industry is expected to fuel the market growth during the forecast period. Growing use of microporous insulation in industrial & aerospace sectors, and demand for high temperature insulation in oil & gas sector drive the world insulation materials market. Growing concept of green building concept are expected to offer major opportunities to the world insulation materials market. The overall slowdown in the construction sector and volatility in the pricings of raw materials are expected to affect the growth of the world insulation materials market during the forecast period.

Polyethylene is expected to be the fastest growing type segment for insulation materials market during the forecast period as it offers excellent insulator has a low coefficient of friction and is excellent for guides and other moving parts. Rapid urbanization in the emerging economies, such as India, China, Brazil, and others, have led to upsurge in construction activities and manufacturing automobiles, which is a key driving factor of the insulation materials market. In 2015, construction application segment accounted for over one-fourth of the market in terms of value, and is expected to maintain its dominance throughout the forecast period. Moreover, upsurge in HVAC & OEM and wires & cables industry in the emerging economies, such as India and China, drive the insulation materials market in the Asia-Pacific region.

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Key findings of the Insulation Materials Market study:

Insulation materials in wires & cables application segment occupied the highest share in 2015, and is expected to grow at a CAGR of 6.6% in terms of value during the forecast period.
China is the leading consumer of insulation materials accounted for approximately one-third share of the Asia-Pacific market, followed by Japan
The polyethylene segment is expected to expand with the highest CAGR of 8.2% in the type segment in terms of value during the forecast period
Polyurethane segment accounted for two-fifths of the global insulation materials market in 2015.
U.S. is the leading market for insulation materials in the North American region, growing at a CAGR of 5.3% in terms of value during the forecast period
Asia-Pacific accounted for the largest share in the global insulation materials market in 2015 and is expected to maintain its leading position. This is attributable to increase in building & construction and automotive segment and improvement in economy. China is the fastest growing country for the consumption of insulation materials, which is expected to continue this dominance.

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The key players operating in the world insulation materials market have adopted diverse strategies such as product launch, expansion, acquisition, joint venture, partnership, and investment to gain competitive advantage in this market. The prominent players profiled in this report include Saint Gobain, GAF Materials Corporation, The DoW chemical company, BASF SE, Kingspan group PLC and Evonik Industries AG.

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About Us
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.

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