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Pipeline Network Market 2024 Future Scope, Size Estimation | Growth

Pipeline Network Market size to grow from USD 8.5 billion in 2019 to USD 12.3 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 7.6% during the forecast period according to report published by MarketsandMarkets. Major growth drivers for the market include the rising demand for oil and gas from developing countries, growing demand for commercial off-the-shelf technology, rising big data and analytics trends, and need for maintaining Quality of Experience and Quality of Service of the overall pipeline transportation.

 

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By solution, the operation management and control segment to hold the largest market size during the forecast period

Operation management and control solutions remotely monitor pipeline operations and their performance. These solutions follow government regulations and compliance requirements related to the pipeline infrastructure and are integrated with advanced Information and Communications Technology (ICT) technologies to gain real-time control on ongoing pipeline operations. The growing demand for a transparent, real-time view of a complex pipeline operations for effective pipeline transportation is one of the major factors driving the demand for operation management and control solutions in the Pipeline network market.

 

By pipeline monitoring application, the leak detection segment to hold the largest market size during the forecast period

Pipeline leak detection is one of the major pipeline monitoring applications and is required to inspect cracks, leaks, and holes in the walls of the pipeline infrastructure. Incidents of liquid or gas spill are increasing day-by-day and a huge amount of liquid or gas can be released in the surrounding environment, which is hazardous to animals that live in the vicinity of the accident location. Liquid and gas companies look forward to avoid financial and human losses, due to pipeline leakage accidents; thereby, these companies adopt pipeline leakage management solutions. A growing need to avoid the loss of a significant amount of crude oil and gas due to pipeline leakage is a major growth factor for this segment.

 

By crude and refined petroleum end-user industry, the natural gas segment to account for the highest market share in 2019

Climate change and a demand for low carbon fuels aids the demand for natural gas across all sectors, especially power generation. An extremely extensive and elaborate transportation system is required for natural gas to be moved from the production end to the consumption end. Transportation systems consist of a complex network of pipelines designed to quickly and efficiently transport natural gas from its origin to areas of high natural gas demand. Hence, the growing demand for natural gas consumption for power generation to drive the demand for pipeline network management solutions in the natural gas end-user industry.

 

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North America to hold the largest market size during the forecast period

The US and Canada are contributing to the growth of the Pipeline network market in North America. Oil and gas companies, government bodies, and environmental agencies in the region are focused on preventing oil spills and gas leaks, which is one of the important addressable factors as the number of pipelines has increased in the US and Canada. This compels oil and gas companies to adopt pipeline network management solutions. Moreover, the presence of key vendors, such as Honeywell (US), GE (US), Emerson (US), Rockwell Automation (US), Cisco Systems (US), ORBCOMM (US), and Pure Technologies (Canada), in the region drives the growth of the Pipeline network market in North America.

 

Market Players

Major vendors in the Pipeline network market include Huawei (China), ABB (Switzerland), Siemens (Germany), Hitachi (Japan), Schneider Electric (France), PSI Software (Germany), Honeywell (US), GE (US), Wipro (India), Emerson (US), Cisco Systems (US), Rockwell Automation (US), Moxa (Taiwan), ORBCOMM (US), OptaSense (UK), Pure Technologies (Canada), Necon Group (Qatar), Sensornet (UK), Open Access Technology International (US), and KROHNE Group (Germany).

 

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About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Aashish Mehra

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: +1-888-600-6441

 


Digital Experience Platform Market 2024 Overview | Regional Outlook, Growth

Digital Experience Platform Market size is expecting to grow from USD 7.9 billion in 2019 to USD 13.9 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 12.0% during the forecast period according to report published by MarketsandMarkets. Major factors expected to drive the growth of the Digital Experience Platform Market include help in understanding the immediate needs of the customer, reducing the customer churn rate, growing deployment of cloud-based solutions, and rising demand for big data analytics. The other factors supporting the market growth include the increasing implementation of advanced technologies, such as AI, data analytics, and cloud computing.

 

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Based on component, services segment to record a higher growth rate than platform segment during the forecast period

Base on component, the services segment is expected to grow at a higher rate than the platform segment during the forecast period. The services segment has a major influence on the DXP market’s growth. The demand for services is increasing with the growing adoption of DXP by enterprises across major verticals. These services assist end users in reducing costs, increasing overall revenues, and improving business performance. With the help of these services, organizations can track, evaluate, and analyze the requirements of their business to make better-informed decisions.

 

Among services, managed services segment to register a higher growth rate than professional services segment during the forecast period

Among services, the managed services segment is expected to witness a higher growth rate than the professional services segment during the forecast period. Managed services help clients manage their DXP operations on-premises as well as in the cloud. The prime responsibility of the managed services providers is to improve the efficiency of inbound and outbound operations cost-effectively for enterprises.

 

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North America to account for the largest market size during the forecast period

North America is expected to hold the largest market size during the forecast period. The US has emerged as the largest market for DXPs due to the large-scale implementation of DXPs by organizations and enterprises in the country. The high pace of digital transformation, along with the high growth of Artificial Intelligence (AI) and data analytics, is attributed to the fast growth of the DXP market in the US.

 

Key and emerging market players include Adobe Systems (US), Oracle (US), SAP (Germany), IBM (US), Microsoft (US), Salesforce (US), OpenText (Canada), SDL (UK), Sitecore (US), Acquia (US), Jahia (Switzerland), Episerver (US), Squiz (Australia), BloomReach (US), Liferay (US), Kentico (Czech Republic), and censhare (Germany). These players have adopted various strategies to grow in the DXP market.

 

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About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Aashish Mehra

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: +1-888-600-6441


Low-Code Development Platform Market 2025 Size Outlook | Risk, Growth Insight

Low-Code Development Platform Market size is projected to grow from USD 13.2 billion in 2020 to USD 45.5 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 28.1% during the forecast period according to report published by MarketsandMarkets. The increasing need of digitalization and maturity of agile DevOps practices are expected to enhance the use of low-code development platform market across the globe. The study involved four major activities to estimate the current size of the low-code development platform market.

 

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Based on organization size, the SMEs segment to lead the market in 2020

Small businesses are expected to witness a higher growth in the adoption of low-code development platform and services. The growing awareness of the benefits of process automation, the increasing focus of governments on digital transformation, and business expansions by global vendors are expected to be the driving factors for the growth of the low-code development platform market. The adoption rate for low-code development platform and services is high in SMEs and is expected to dominate the market, in terms of market size, during the forecast period.

 

Based on industry, the BFSI to grow at the fastest rate during the forecast period.

The BFSI industry requires low-code development platform and services at a large-scale due to the voluminous information produced across these organizations. Low-code development platform and services helps the BFSI industry in enriching the customer experience using new financial products and services driving the overall market during the forecast period.

 

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North America to hold the largest market share during the forecast period.

North America has the presence of several prominent market players delivering advanced solutions to all the end users in the regions. Owing to their strong economies, the US and Canada are expected to be major contributors to the growth of the low-code development platform market. Apart from this factor, the geographical presence, strategic investments, partnerships, and significant Research and Development (R&D) activities are contributing to the hefty deployments of market solutions. Key pure play vendors, such as Salesforce, Microsoft, Appian, and Oracle, offer enhanced low-code development platform and services to cater to the needs of customers. Such factors are expected to fuel the growth of the global market in North America.

 

Market Players

Major vendors offering low-code development platform software include Salesforce (US), Microsoft (US), Appian (US), Oracle (US), Pegasystems (US), Magic Software Enterprises (US), AgilePoint (US), OutSystems (US), Zoho (India), Quick Base (US), LANSA (US), Fujitsu RunMyProcess (France), Netcall (UK), WaveMaker (US), and K2 (US).

 

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About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Aashish Mehra

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: +1-888-600-6441

 


Global Nail Polish Market Size to Surpass at 6.1% by USD 13.80 billion

Global Nail Polish Market to be worth $26.47 billion by 2032

In 2021, the world's global nail polish market will reach USD 13.80 billion. Between 2023 and 2032, this figure will increase by a 6.1 percent compound annual growth rate.

The growth in the market is due to the increasing popularity of nail products and art, particularly for the millennial generation. For the millennials nail, art and extensions are a major part of grooming. The product will be highly sought-after during the time frame forecast. Nail polishes that are made of natural, non-toxic ingredients that have less chemical content are expected to be highly sought-after.

Factors that Drive You:

The primary drivers for market growth are the main elements. Fashion trends are an important factor in market growth. The growth in the market is due in large part due to the need for cosmetics that are safe for the environment. Manufacturers are now focusing on the most important characteristics of nail polish, including its durability, consistency, and durability, in order to boost their share of the market. These essential features make sure that the Non-Toxic Nail Polish Market Report has the highest CAGR.

Factors that Limit the Nail Polish Market:

Marketing concerns must be addressed by the key players and drivers in order to reach an acceptable CAGR. To ensure that the market stays stable, the major players employ different strategies for marketing. Authorities and managers make the correct decisions to increase the global market growth. Every year, they review the Market Report.

Nail Polish Market Trends:

The increased awareness generated by magazines and articles about fashion trends will help boost the market for nail polish in general. Because of rapid urbanization and a rise in disposable income, the market for nail polish will expand. The increasing popularity of eCommerce platforms, as well as the growing number of women buying polish online, will boost growth in the market worldwide. The endorsements of celebrities and the increased awareness of nail care fashion trends will boost the global market for nail polish.

Recent Changes:

The market for Non-Toxic Nail Polish has seen significant growth due to the high demand for services and the need for innovation.

Numerous major brands provide nail varnishes that are safe and feature advanced functions for international markets.

Market Key Players:

American International Industries, Shiseido, Estee Lauder, American International Industries, Sally Hansen, Revlon, Cosnova GmbH, (Essence), NARS Cosmetics, Inc., Essie Cosmetics, Ltd., L'Oreal S.A., Coty, Inc., Creative Nail Design, Inc., Alessandro International, CNC International, Orly International, Wella Operations US LLC, O.P.I. ) as well as other major players in the market for nail polish.

Segmentation of the Market for Nail Polish:

Market.US has divided the nail polish market based on geographical region (North America, Europe, APAC, South America, and the Middle East and Africa). Segmentation of the product is done into Gel Nail Polish or Regular Nail Polish. It is also segmented by distribution channel into Hypermarkets and Supermarkets also E-commerce as well as Specialty Stores.

Most Of The Time Asked Questions:

How large is the Nail Polish Market?

In 2021 in 2021, the Nail Polish market was worth USD 13.80 billion. It is predicted to grow to the figure of 26.47 Billion in 2032.

What's the Nail Polish Market?

The Nail Polish Market will grow at a rate of 6.1 percent from 2021 to 2032 and will reach $19.12 billion by 2032.

Which market segment was responsible for most of Nail Polish Market's revenues?

The Asia Pacific was the leading market for nail polish sales, with a 39% share in 2021. This is because of the growing demand for nail care fashion styles within India and China and the increasing expenditure on these trends.

What are the driving factors for the Nail Polish Market?

The increasing popularity of nail art and other nail products is among the main reasons behind the growth of the market.

Click Here to Browse More Research Reports With Interesting Facts - https://market.us/reports/

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United Kingdom Precision Farming Market To Be Dominated By Hardware Segment Till 2027

Growing digitization in the agricultural sector along with the growing demand for quality Agri food products is expected to drive the demand for United Kingdom precision farming market in the forecast period, 2023-2027. 

According to TechSci Research report, United Kingdom Precision Farming Market By Region, Competition Forecast & Opportunities, 2027, the United Kingdom precision farming market is expected to register significant growth and grow with an impressive CAGR during the forecasted period, 2023-2028. With the rapid urbanization across the United Kingdom, the farmers in the region are becoming more prone to smartphones, the internet, and other intelligent mediums to gain insights about the latest techniques and developments in the agriculture sector. As a result, farmers are intensively opting for technologically advanced farming techniques such as precision farming which help them in determining the suitable time and conditions for plowing and harvesting by placing sensors throughout the farm. These sensors are connected with digital applications installed in smartphones, laptops, or tablets and record rainfall and soil health, and predict weather conditions, thereby helping farmers utilize the right amount of inputs in the right place at the right farming area. In addition to this, the European Union has also extended financial support to the farmers so that they can easily invest and adopt precision farming techniques, which is further augmenting the growth of the United Kingdom precision farming market. Furthermore, precision farming also helps in measuring the environmental footprint of using harsh chemicals and pesticides in the soil. This encourages farmers to comply with good farming standards. Apart from this, the use of precision farming is not limited to industrial agriculture only, organic farming or any other agro-ecological approach can utilize precision farming tools to enhance farm management.

Moreover, the growing concerns of the consumers towards the quality of agricultural food products, along with the propelling demand for organic food products, is also adding to growth of United Kingdom precision farming market. Precision farming enhances food safety and provides a digitalized roadmap of Agri food product's life cycle from farm to fork.

Browse over XX market data Figures spread through 70 Pages and an in-depth TOC on "United Kingdom Precision Farming Market"

https://www.techsciresearch.com/report/united-kingdom-precision-farming-market/12808.html

The United Kingdom precision farming market is segmented on the basis of offering, technology, application, regional distribution, and company. Based on offering, the market is bifurcated into hardware, software, and services, among which the Hardware segment is anticipated to lead the market over the upcoming five years. With the increasing adoption of automation and control instruments such as drones, remote sensors, yield monitors, GPS/GNSS, drainage controllers, guidance, and traction control equipment, the hardware segment will continue to dominate the market over the coming years.

By technology, the market is divided into guidance technology, remote sensing technology, and variable rate application. Among these, the guidance technology segment is expected to grow with the highest CAGR during the forecasted period. Due to the early introduction of Guidance technology, it captured the biggest market portion. A GPS/GNS, receiver, antenna, DGPS, control, guide & steering are the primary components that are required in the guidance technology system. This technology is applied to tractors, combines, and several other pieces of farm equipment to assist farmers by automatically steering the equipment to the desired location guided by GPS. GPS-based management technologies allow farmers to protect overlapping of tractor passes and reduce work time and soil compaction.

Based on the application, the market is fragmented into yield monitoring, crop scouting, field mapping, weather tracking & forecasting, farm labor management, and others. The yield monitoring segment is expected to lead the United Kingdom precision farming market over the projected period. This application is widely adopted because yield monitoring utilizes GPS technology and physical sensors to gain valuable insights about the soil, crop, grain moisture, combined speed, and other relevant information, which is essential for a crop to grow healthy. It also allows farmers to effectively deal with climate-related disasters and facilitates improved food security and decision-making in agriculture.

Major market players operating in the United Kingdom precision farming market are:

  • John Deere Limited
  • AGCO Corporation
  • Nesta UK
  • Allflex UK Group Limited
  • LH Agro (UK) Limited
  • AS Communication (UK) Limited
  • Proagrica, part of RELX Group

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The growing penetration of Internet of Things (IoT) in precision farming techniques is taking digitization in agriculture to extremely competitive landscape. Along with IoT, numerous other technologies such as cloud computing, drones, GPS are being launched concurrently, which is boosting the United Kingdom precision farming market. To fuel the market further, European Union is extending financial support to farmers so that they can diversify their investments in precision farming techniques and produce high quality yield. The new market players are advised to invest in the research and development of farming equipment that are cost-effective and are easy to operate, in order to establish their brand in the market”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“United Kingdom precision farming Market By Offering (Hardware, Software, Services), By Technology (Guidance Technology, Remote Sensing Technology, Variable Rate Application), By Application (Yield Monitoring, Crop Scouting, Field Mapping, Weather Tracking & Forecasting, Farm Labor Management, Others) By Region, Competition Forecast & Opportunities, 2027”, has evaluated the future growth potential of United Kingdom precision farming market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in United Kingdom precision farming market.

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Safety Clamp Market Projected to Register a Robust Growth Through 2027

Growing need to enhance safety during oil exploration activities to drive the growth of the global safety clamp market.

According to TechSci Research report on, “Safety Clamp market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027”, the global safety clamp market is anticipated to witness robust CAGR over the forecast period 2023-2027. The market growth can be attributed to the increase in oil & gas exploration activities and enhanced focus of organizations on improving the safety of operators engaged in drilling. Safety clamps serve as a backup safety mechanism to guard against dropping flush-joint pipe, streamlined drill collars, etc. and provide more control in case of component failure during downhole operations. Rapid urbanization and industrialization have led to a surge in need for energy. Hence, power generation companies are continuously exploring new offshore and onshore locations to fulfill the growing energy needs for domestic and industrial purposes. Various industry players are striving to perform research & development activities and advancing drilling equipment to maximize their output, which is expected to contribute to the global safety clamp market growth. Besides, market players are involved in research & development to improve the quality and efficiency of safety clamps. Emergence of new varieties of safety clamps by market players to further enhance the efficiency of drilling operations is expected to boost the growth of safety clamp market in the coming years. New rules and standards issued by OSHA to regulate the safety of workers involved in drilling process is further expected to fuel the demand for safety clamps, which is anticipated to boost their market growth.

Browse over XX market data Figures spread through 110 Pages and an in-depth TOC on "Global Safety Clamp Market"

The global safety clamp market is segmented on the basis of type, product type, location, and region.

Based on the product type, the market is further divided into tubing and casing. The casing segment is expected to hold the largest share in the global safety clamp market, owing to their greater adoption for creating a uniform gripping pressure to prevent risks of crushing thin wall pipes. Casing safety clamp acts as individual gripping member to hold down against floatation of surface pipe while cementing. However, these safety clamps are used in conjunction with slips and are not designed to hold or hoist the string weight.

Based on product type, the market is divided into Type T, Type C, and Type MP. The Type MP segment is anticipated to hold the largest share in the market during the forecast period. The Type MP segment is designed to offer significant flexibility as they are adjustable to a variety of tubular. Hence, Type MP is being widely utilized by oil and gas companies to carry out different gripping functions with the same kind of tool.

Based on location, the market is bifurcated into onshore and offshore. The offshore segment is expected to hold the largest share in the global safety clamp during the forecast period, owing to the advancement in drilling technologies like vertical and horizontal drilling. Besides, an increase in investments by various countries across the world to discover new oil reserves are aiding the market growth.

A list of major market players of the global safety clamp market includes: 

  • Texas International
  • Janki Oil Tools
  • Autobahn Industries
  • Keystone Pipe Handling Tools
  • Premium Oilfield Technologies
  • General Petroleum Oil Tools
  • FYPE Rigid Machinery Co. Ltd.
  • Alco Group
  • Shaanxi Gaoton Highlong Machinery Co. Ltd.
  • Rbdxki Co. Ltd.

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“Rising number of deep-water and ultra-deep-water oil and gas excavation activities to extract hydrocarbons essential for energy generation in counties such as Nigeria, Brazil, Saudi Arabia, etc. are anticipated to fuel the growth of the global safety clamp market. Furthermore, shifting focus of oil and gas companies on shale gas reserves and other unconventional oil fields are likely to propel the market growth. Various companies are focusing on the organic and inorganic growth strategies for finding lucrative growth opportunities in the forecast period, which is expected to drive the global safety clamp market.” said Mr. Karan Chechi, Research Director, TechSci Research, a research based global management consulting firm.

“Safety Clamp market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027, Segmented By Type (Tubing, and Casing), By Product Type (Type T, Type C, Type MP), By Location (Onshore, Offshore) and By Region” has evaluated the future growth potential of global safety clamp market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in global safety clamp market.

 Press Release : https://www.techsciresearch.com/news/7506-safety-clamp-market.html

 

 Contact

Mr. Ken Mathews

708 Third Avenue,

Manhattan, NY,

New York – 10017

Tel: +1-646-360-1656

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Electrified Road for Electric Vehicle Charging Market Growth 2027

Rising penetration of electric vehicles to drive the growth of the global production software market.

According to TechSci Research report on, “Electrified Road for Electric Vehicle Charging Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2027”, the global electrified road for electric vehicle charging market is anticipated to witness robust CAGR over the forecast period 2023-2027. The market growth can be attributed to the increasing penetration of electric vehicles and lack of electric vehicle charging infrastructure across the world. Besides, growing technological innovations in the electrified roads and enhanced focus of governments for boosting electrification in the country are some of the factors fueling the growth of the electrified road for electric vehicle charging market. Electric roads supply vehicles with electricity to power them and charge them while they are in motion. With electric roads, electric trucks and buses would not require to be charged frequently since the electrification ensures heavy long-distance road freight. Some other advantages of electrified roads are reduced dependence on fossil fuels, lower greenhouse gas emissions, air pollution, noise in urban areas, and enhanced energy efficiency. In Sweden and Norway, researchers, businesses, and public sectors are collaborating for implementation strategies, operations, and maintenance standards for greater acceptance of electric roads. Installing electric road technology on all European and National roads in Sweden could reduce carbon emissions from heavy traffic by approx. 60%, which would lead to cleaner air and reduced noise pollution. Large-scale deployment of electric roads could also lead to significant gains in terms of cost of energy used in the transport sector. Hence, rising investments by government and private players to develop electrified roads across the globe are anticipated to propel the growth of electrified road for electric vehicle charging market in the coming years.

Browse over XX market data Figures spread through 110 Pages and an in-depth TOC on "Global Electrified Road for Electric Vehicle Charging Market"

“Ever since the introduction of groundbreaking in-road wireless charging technology, several companies are working towards implementing it in a real-setting. Several pilot projects for electrified roads are currently underway across different parts of North America and Europe. Many research institutes are also finding solutions to make electrified roads as sustainable and efficient as possible and move the electrification revolution to mass implementation. The The Sweden government is planning to use the Electreon technology to electrify more than 3 thousand miles of high-speed highways at the cost of USD3 billion. Even the Israeli government is planning to invest USD3.3 million in electrified roads by gradually expanding deployment of the coils to specified land around the city of Tel Aviv. Hence, increasing investments by the government to electrify roads for facilitating electric vehicle charging are expected to fuel the market growth in the coming years.” said Mr. Karan Chechi, Research Director, TechSci Research, a research based global management consulting firm.

A list of major market players of the electrified road for electric vehicle charging market includes:

  • Siemens AG
  • Scania AB
  • Elonroad
  • Vattenfall
  • Sytner Group Limited

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Electrified Road for Electric Vehicle Charging Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 has evaluated the future growth potential of global electrified road for electric vehicle charging market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in global electrified road for electric vehicle charging market.

 Press Release : https://www.techsciresearch.com/news/7507-electrified-road-for-electric-vehicle-charging-market.html

 

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Global Precision Fermentation Market to Grow with a CAGR of 38.73% through 2027

Environmental benefits, growing adoption of being vegan, decreasing dependency on animal-based food are driving demand for dental bone grafts during the forecast period of 2017-2027.

According to TechSci Research report, Precision Fermentation Market - Global Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2017-2027, the Global Precision Fermentation market stood at USD 293.75 in 2021 and is anticipated to grow with a CAGR of 38.73% in the forecast period, 2024-2027. The major factors driving the growth of Precision Fermentation Market include decreasing dependency on animal-based food, growing adoption of being vegan, Cultured meat production.

Precision Fermentation is microorganisms' genetic modification and fermentation to create organic molecules. The products produced through the process will be cheaper in the future than those produced from animals. Precision fermentation does not depend upon climatic changes. The food items produced from precision fermentation are regulated like any other food ingredient. As these products are animal-free, vegans still have some allergen capabilities due to their animal counterparts.

Many startups are investing in precision fermentation. These startups include Israel’s Remilk and Imagindairy, Estonia’s ProProtein, the UK-based Better Dairy, and German operation Formo. Berlin-based Formo invested USD50 million to form lab-grown dairy products in September 2021. Companies are investing in precision fermentation because this process can create many complex organic molecules without incorporating animals. The US Department of Agriculture was the first government to invest USD10 million in Tuft’s University to scale up cellular food production in October 2021. Between 2018 and 2020, the Good Food Institute, a non-profit institute in Washington DC, dispensed almost US$3 million in supporting fundamental research on scaling.

Browse over 135 market data Figures spread through 271 Pages and an in-depth TOC on "Global Precision Fermentation Market"

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The Global Precision Fermentation Market is segmented into Ingredient Produced, Microbes, End User Industry, Region, and By Company.

The market is segmented into Whey & Casein Protein, Egg White, Collagen Protein, Heme protein and Others based on ingredient produced. In 2021, Whey & Casein protein segment holds the major revenue share i.e., 42.68%. Whey & Casein protein is majorly used in the production of dairy products and this process is significantly involve in the production of dairy products. Heme Protein is the fastest growing in forecast years due to the growing adoption of being vegan.

The market is classified into three categories based on the microbe: Yeast, Algae, Bacteria. With a market share of 46.47% in 2021, the yeast is dominating the Global Precision Fermentation Market. The products made by the procedure of precision fermentation are mostly by the help of yeast because it doesn’t require specific environmental condition for its growth and yeast is anaerobic. Followed by algae, for some products algae is also used to produce by precision fermentation.

Based on regional analysis, in terms of revenue share in 2021, North America dominated the global precision fermentation market with the market share of 47.26%. Because the startups doing the process to produce dairy products and protein are mainly North America based. North America account major share also due to the highest investments in the region.

The leading companies operating in the Global Precision Fermentation Market are:

  • New Culture Inc
  • Perfect Day, Inc
  • Triton Algae Innovations
  • Change Foods, Inc
  • Remilk
  • Impossible Foods Inc.
  • Motif FoodWorks, Inc
  • Formo Bio Gmbh
  • The Every Company
  • Geltor, Inc
  • Better Dairy

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“Global Precision Fermentation Market will see a robust growth during the forecast period of 2017-2027. The market of precision fermentation is expected to develop because people are more concerned regarding the treatment of animals in slaughterhouse, nowadays. Due to that people are focused on the production of food which doesn’t require the use of animals.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Precision Fermentation Market - Global Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2018-2028, Segmented By Ingredient Produced (Whey & Casein Protein, Egg White, Collagen Protein, Heme Protein, Others), By Microbe (Yeast, Algae, Bacteria, Others), By End User Industry (Food & Beverage, Pharmaceutical, Cosmetic, Others), By Region”, has evaluated the future growth potential of Global Precision Fermentation Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Precision Fermentation Market.

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How Technology is Transforming Virtualization Security Industry in 2022

Virtualization Security Market size is expected to grow from USD 1.3 billion in 2019 to USD 2.7 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 15.6% during the forecast period according to report published by MarketsandMarkets. The virtualization security solution acts as a barrier to secure perimeter access to a network. It provides dedicated security services and assured traffic isolation within the cloud, along with customizable firewall controls as an additional managed service. Some of the other drivers for this market are the rising incidents of cyberattacks and increase in stringent regulations and compliance requirements. The growth of the global virtualization security market is attributed to the growing need for virtualization security to address privacy requirements and compliance concern driven security spending.

 

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Virtual Infrastructure protection segment to grow at the highest CAGR during the forecast period

Virtualization security led to an increase in the reliability of virtual network environment and the underlying infrastructure, which is essential for growing cloud services. Virtualization security helps to improve business competitiveness by increasing enterprise business efficiency and user productivity. Virtual Infrastructure protection refers to the security configurations and hybrid appliances in a virtualized environment. With the use of this solution, enterprises can lock down configuration of the hypervisor to prevent access to any unused ports. Moreover, this solution limits the potential risk of attack through the bypass of the management console and direct connection to one of the hypervisors control points. Furthermore, this type of solution provides a central control point for authenticated access to all hypervisor and management control points, and hence, organizations are deploying virtualization security solutions.

 

Managed services to grow at a higher CAGR during the forecast period

Managed services mostly revolve around the term “outsourcing.” Technologies such as big data analytics, blockchain, and AI are rapidly evolving. Therefore, protecting business-critical applications is getting tougher every day. This task becomes even harder when an organization does not have a dedicated IT security team or experts. However, due to high costs and resource constraints, organizations often outsource this task to MSSPs. The MSSPs offer round-the-clock visibility into the IT infrastructure and provide security assessment and monitoring of applications, systems, and devices. The demand for managed services is on the rise due to growth in large-scale networks and increase in IoT and cloud applications in organizations.

 

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Asia Pacific to grow at the highest CAGR in the market during the forecast period

The APAC region is expected to experience extensive growth opportunities during the forecast period. With the increasing adoption of cloud technologies, virtualization and the increasing amount of business processes, there has been a significant rise in the adoption of virtualization security solutions and services in this region. Increasing focus and investments in areas such as virtualized environment, quality, and advanced security techniques is set to drive the growth of the virtualization security market. Increasing adoption of virtualization security for cloud-based applications has created a demand for full-fledged virtualization security solutions in the region. The APAC region demonstrates a combination of high growth, developing economies, and mass adoption of BYOD and IoT trends. Thus, this region is estimated to be growing at the fastest CAGR during the forecast period.

 

Top Key Players:

Various growth strategies have been adopted by the major players to increase their market presence, such as mergers and acquisitions, partnerships and collaborations, business expansions, and product developments. Some of the major technology vendors in the virtualization security market are Trend Micro (Japan), VMware (US), Juniper Networks (US), Fortinet (US), Sophos (UK), Cisco (US), IBM (US), Centrify (US), HyTrust (US), Check Point (srael), Tripwire (US), HPE (US), Dell EMC (US), Intel (US), CA Technologies (US), Symantec (US), StrataCloud (US), ESET (Slovakia), McAfee (US), and Huawei (China).

 

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About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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How much was the global Product Lifecycle Management market worth in 2025?

Product Lifecycle Management Market size to grow from USD 50.7 billion in 2019 to USD 73.7 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 7.8% during the forecast period according to report published by MarketsandMarkets. Major factors expected to drive the growth of the product lifecycle management market include growing focus on developing groundbreaking smart products and factories, increasing need to build product innovation platform would support product lifecycle management-enabled applications, and increasing demand for cloud-based product lifecycle management solutions for scalability and secure IT infrastructure.

 

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Based on component, services segment to record a higher growth rate than the software segment during the forecast period

By component, the services segment is expected to grow at a higher rate than the software segment during the forecast period. The services segment has a significant influence on the product lifecycle management market growth. The demand for services is increasing with the growing adoption of product lifecycle management solutions by enterprises across significant application areas. Services are necessary for easy deployment, integration, and proper functioning of the software. The services segment has been further segmented into professional services and managed services. The professional services segment has also been classified into deployment and integration, consulting, and support and maintenance.

 

Among services, support and maintenance segment to grow at a higher rate than the deployment and integration, and consulting and advisory services segment during the forecast period

Support and maintenance services are crucial, as they directly deal with customer satisfaction and issues. Every software vendor has a dedicated support team to serve the customers. Support, software maintenance, customer portal, post-deployment assistance, and client testimonials are some of the services provided under the support and maintenance segment. To derive consistent customer satisfaction, service providers regularly focus on enhancing their product knowledge base by receiving feedbacks through interviews and surveys. These services also provide a single point of contact who would help solve customer issues quickly. The customer portal is another helping aid that offers technical tips and software updates to customer forums.

 

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North America to account for the largest market size during the forecast period

North America consists of developed countries, such as the US and Canada. This region is open to the adoption of new and emerging technologies. Moreover, its strong financial position enables it to invest heavily in the adoption of the latest and leading tools and techniques for ensuring effective business operations. Such advantages help organizations in this region gain a competitive edge. North America has the first-mover advantage in the adoption of new technologies, such as smartphones and cloud platforms. North America has the headquarters of many large enterprises and is host to various international events. Enterprises are willingly investing in North America. The factors expected to drive the growth of the product lifecycle management market in North America are the stable economy, technological enhancements, and advanced infrastructure.

 

Key and emerging market players SAP (Germany), Dassault System (France), PTC (US), Siemens (Germany), Autodesk (US), IBM (US), Oracle (US), HP (US), Atos (France), Accenturs (Ireland), Arena (US), Ansys (US), Aras (US), Infor (US), Propel (US), Kalypso (US), FusePLM (US), Bamboo Rose (US), Inflectra (US), and TCS (India). These players have adopted various strategies to grow in the Product lifecycle management market.

 

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About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Aashish Mehra

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: +1-888-600-6441



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