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Bakery Ingredients Market Size, Share and Growth Analysis Forecast to 2020-2025

As per the latest report by IMARC Group, titled “Bakery Ingredients Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the global bakery ingredients market size reached US$ 14.3 Billion in 2019. Bakery ingredients include fats, colors, blends, flavors, emulsifiers and shortenings. They are employed in the preparation of bakery and confectionery products such as bread, cakes, cookies, tarts, pies, pastries, donuts and pizza. They help in improving the shelf life, maintaining the taste and freshness, enhancing the nutrition level and increasing the protein content of baked products. Bakery ingredients are widely utilized in the food processing industry as they are readily available.

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Market Trends:

On account of rapid urbanization, hectic schedules and altering dietary patterns, there is a rise in the demand for ready-to-eat (RTE) food products. Moreover, the increasing obesity levels have resulted in growing health awareness among consumers. As a result, they are shifting toward low trans-fat, gluten-free and other healthy variants of bakery products. Furthermore, owing to the burgeoning tourism and hospitality sector, there is a rise in the demand for bakery ingredients, emerging from bakeries, hotels and fast-food chains. Apart from this, the growing trend of social gatherings like corporate parties is also spurring the demand for cakes, muffins and pastries around the world. Other growth-inducing factors include the utilization of attractive packaging and the introduction of various product innovations, such as emulsifiers that offer high-fat stability and longer shelf-life to bakery and confectionery products. Looking forward, the bakery ingredients market value is projected to reach US$ 18.3 Billion by 2025, expanding at a CAGR of 4.2% during 2020-2025.

Market Breakup by Product Type:

  • Emulsifiers
  • Leavening Agents
  • Enzymes
  • Baking powder and mixes
  • Oils
  • Fats and Shortenings
  • Colors and Flavors
  • Starch

Amongst these, baking powder and mixes represent the most preferred product.

Market Breakup by Application:

  • Bread
  • Cookies and Biscuits
  • Rolls and Pies
  • Cakes and Pastries

At present, bread accounts for the majority of the total market share.

Market Breakup by End-User:

  • Industrial
  • Food Services
  • Retail

Market Region Summary:

Region-wise, Europe represents the largest market. Other segments include North America, Asia Pacific, Latin America, and Middle East and Africa.

The competitive landscape of the market has been examined with some of the key players being:

  • Cargill
  • Incorporated
  • Koninklijke DSM N.V.
  • Kerry Group Plc
  • Südzucker AG
  • AAK AB (publ)
  • Associated British Foods Plc
  • Lesaffre & CIE
  • Tate & Lyle Plc
  • Archer Daniels Midland Company
  • Ingredion Incorporated
  • Corbion NV
  • IFFCO Ingredients Solution
  • Taura Natural Ingredients Limited
  • Dawn Food Products Inc.
  • Muntons Plc
  • British Bakels Limited
  • Lallemand Inc.
  • Novozymes A/S
  • Puratos Group

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

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

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

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Sheridan, WY (Wyoming) 82801 USA
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Latest Market Reports Market Study

SCADA Market Size, Share and Growth Analysis Forecast to 2020-2025

According to the latest report by IMARC Group, titled “SCADA Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast to 2020-2025”, the global SCADA market size reached US$ 16.7 Billion in 2019. Supervisory control and data acquisition (SCADA) is an industrial control system (ICS) that employs computers, network data communications and graphical user interfaces for high-level process supervisory management. It assists in collecting information, transferring it back to the central computer, alerting the home station, carrying out the required analysis and displaying the analysis to the user. It provides the facility of storing large amounts of data and offers an interface to connect the different sensors deployed in an area. Additionally, it aids in maintaining efficiency, processing data for smart and quick decision making, and communicating system issues to help mitigate downtime.

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Market Trends:

One of the pivotal factors bolstering the growth of the market is the growing popularity of SCADA systems around the world. This can be attributed to the assistance offered by these systems in distinguishing faults within the machinery and minimizing potential defects. Besides this, the cost-effectiveness of the SCADA framework is also stimulating the demand for these systems around the world. They can also disseminate power by re-steering electricity from excess capacity regions to areas with a lack of power supply. Another factor which is impelling the market growth is the increasing employment of SCADA systems in the oil and gas industry since they help in enhancing the extraction output, streamlining production and minimizing losses. Looking forward, IMARC Group expects the SCADA market to exhibit moderate growth during 2020-2025.

Market Breakup by Component:

  • Programmable Logic Controller (PLC)
  • Remote Terminal Units (RTU)
  • Human Machine Interface (HMI)
  • Communication Systems
  • Others

Market Breakup by Architecture:

  • Hardware
  • Software
  • Services

Market Breakup by End-User:

  • Oil and Gas
  • Power
  • Water and Wastewater
  • Manufacturing
  • Chemicals and Petrochemicals
  • Pharmaceutical

Presently, the oil and gas segment exhibits a clear dominance in the market.

Market Summary:

Region-wise, the market has been segregated into Europe, North America, Asia Pacific, Latin America, and Middle East and Africa. Amongst these, North America represents the largest market, holding the majority of the global share.

The competitive landscape of the market has been examined with some of the key players being:

  • ABB Ltd.
  • Emerson Electric Co.
  • Rockwell Automation Inc.
  • Schneider Electric SE
  • Siemens AG
  • Alstom
  • General Electric Co.
  • Honeywell International Inc.
  • Omron Corporation
  • Yokogawa Electric Corporation
  • Iconics Inc.
  • Elynx Technologies LLC
  • Enbase LLC
  • Globalogix
  • Inductive Automation.

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

We are updating our report 2020-2025. If you want to need latest primary and secondary data (2020-2025) with Cost Module, Business Strategy, Distribution Channel, etc.. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

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About Us

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

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

Contact Us

IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA
Email: [email protected]
Tel No:(D) +91 120 433 0800 |
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

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Top Food Packaging Companies Size, Share and Growth Analysis Forecast to 2020-2025

Food packaging assists in preserving and transporting food products to their desired location without affecting their taste or quality. It also aids in protecting food products from bacteria, spillage, moisture and toxins. Besides this, food packaging enables manufacturers to transmit information about the products’ price, origin, expiry date, and nutrition content. It also acts as a modern marketing means as well as for attracting consumers. According to the global food packaging market report by IMARC Group, the market reached a value of US$ 302.2 Billion in 2019. Looking forward, the market value is projected to reach US$ 386.9 Billion by 2025, expanding at a CAGR of 4.2% during 2020-2025.

At present there as both small and large players in the food packaging industry across the globe. The profiles of the leading players are discussed below:

Top Food Packaging Companies

  • Amcor
  • Crown Holdings
  • Owens-Illinois
  • Tetra Pak
  • American Packaging Corporation
  • Ball Corporation

About IMARC Group: IMARC Group is a leading market research and consulting company that offers management strategy and market research worldwide. The company has done multiple projects on the food packaging industry, which has enabled clients to set up and expand their businesses successfully. Some of the company’s offerings include:

  • Market Research
  • Plant setup
  • Plant Expansion
  • Marketing and sales
  • Procurement and Distribution
  • Innovation and Product Development
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Latest Market Reports

Indian Online Grocery Market Size, Share and Growth Analysis Forecast to 2020-2025

According to the latest report by IMARC Group, titled “Indian online Grocery Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the online market size in India reached a strong growth in 2019. Online grocery stores refer to the various web-based applications and e-commerce websites that are used to purchase necessary household goods with the help of the internet. They provide anytime access to a wide range of products on a single platform by prepaid or pay-on-delivery methods. Online grocery stores also allow consumers to place the order online and schedule home deliveries directly from the local store or third-party e-retailing organizations.

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In India, the increasing digital literacy, improved internet access and rising consumer awareness about the benefits associated with online shopping have led to the growing acceptance for online grocery platforms. Besides this, the ongoing spread of the coronavirus disease (COVID-19) pandemic across the country has shifted consumers’ shopping habits, providing a boost to the sales of grocery items via online platforms. The vendors are now offering contactless deliveries of essential products and digital payment methods to minimize the spread of the disease. Moreover, significant growth in the e-commerce industry, the growing usage of smartphones, attractive discounts offered by online portals and increasing purchasing power of consumers are some of the other factors that are expected to create a positive impact on the industry. Looking forward, IMARC Group expects the Indian online grocery market to be positively impacted by the COVID – 19 pandemic in 2020. From 2021 onwards, the market is expected to regain its growth.

Breakup by Product Type:

  • Food Grains
  • Bread, Bakery and Dairy Products
  • Fruits and Vegetables
  • Personal Care
  • Dry and Baking Products
  • Household Products
  • Beverages
  • Meat and Meat Products
  • Others

Breakup by Payment Method:

  • Online
  • Cash on Delivery

Breakup by Platform:

  • App-based
  • Web-based

Competitive Landscape Key Player:

  • Aaram Shop Private Limited
  • Amazon Retail India Pvt. Ltd
  • Godrej Nature’s Basket
  • Grofers India Private Limited
  • Innovative Retail Concepts Pvt Ltd (Bigbasket)
  • LocalBanya
  • Paytm E-Commerce Pvt. Ltd.

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Source: steemit

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

If you want to need latest primary and secondary data (2020-2025) with Cost Module, Business Strategy, Distribution Channel, etc.. Click request free sample report, Published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

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About Us:

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

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

Contact US

IMARC Group
30 N Gould St, Ste R
Sheridan, WY (Wyoming) 82801 USA
Email: [email protected]
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

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Electric Lawn Mower Market Size, Share and Growth Analysis Forecast to 2020-2025

According to the latest report by IMARC Group, titled “Electric Lawn Mower Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the global electric lawn mower market size is expanding at a moderate rate. Electric lawn mowers are motor-driven machines that are equipped with one or more high-precision revolving blades for trimming the length of the grass. They comprise handlebars, mower pans, and side discharge chutes, covers and plugs. As compared to their conventional counterparts, electric lawn mowers are portable, easy to start, energy-efficient and environment-friendly in nature. Apart from this, they do no generate hazardous emissions and are widely used in both the residential and commercial sectors.

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Global Electric Lawn Mower Market Trends:

On account of the consistently degrading environmental resources, such as air, soil and water, and increasing consciousness among individuals, there has been a rise in the incorporation of green spaces in domestic and commercial infrastructures. Nowadays, urban planners are also focusing on allocating green areas in smart cities. Consequently, the burgeoning construction sector is strengthening the market growth. Apart from this, individuals are becoming aware of the benefits offered by green roofs, such as energy conservation, carbon sequestration and rainwater management. This, in turn, is boosting the overall sales of electric lawn mowers across the globe. Additionally, as these mowers do not pose a risk to garden plants, and generate fewer carbon emissions and fuel leaks, their demand is accelerating worldwide. On account of these factors, the electric lawn mower market is anticipated to grow at a CAGR of around 6% during the forecast period (2020-2025).

Market Breakup by Product:

  • Walk-Behind
  • Ride-On

At present, walk-behind electric lawn mowers represent the most popular product.

Market Breakup by Type:

  • Cordless Electric Lawn Mower
  • Corded Electric Lawn Mower

Amongst these, corded electric lawn mowers account for the majority of the total market share.

Market Breakup by Application:

  • Residential
  • Non-residential

The residential sector exhibits a clear dominance in the market.

Market Breakup by Distribution Channel:

  • Online
  • Offline

Offline distribution channels hold the leading market share.

Market Summary:

Region-wise, North America represents the largest market. Other major regions include Asia Pacific, Europe, Middle East and Africa, and Latin America. The competitive landscape of the market has been examined, with some of the electric lawn mower brands being:

  • Husqvarna Group
  • The Toro Company
  • Robert Bosch GmbH
  • Deere & Company
  • Ryobi Limited
  • Briggs & Stratton Corporation
  • EGO POWER
  • Honda Motor Company Ltd.
  • Hayter Limited
  • Emak S.p.A.
  • D&D Motor Systems Inc.
  • Unison Engg Industries
  • AriensCo
  • MTD Products Inc.

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

If you want to need latest primary and secondary data (2020-2025) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

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 About Us:

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

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

Contact Us
IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA
Email: [email protected]
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

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Machine Vision Market Size, Share and Growth Analysis Forecast to 2020-2025

According to the latest report by IMARC Group, titled “Machine Vision Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the global machine vision market value reached of US$ 9.9 Billion in 2019. Machine vision (MV) refers to the technology which performs image-based automatic inspections by employing video cameras, digital signal processing (DSP) and analog to digital conversion (ADC). The data captured is then transferred to a computer for further analysis and to provide the desired output. The two main aspects of machine vision systems are sensitivity and resolution. Sensitivity refers to the machine’s capability of inspecting objects in dim light or detecting weak impulses at invisible wavelengths, whereas resolution assists in differentiating objects. Nowadays, machine vision systems are gaining traction as they help in lowering production cost, increasing productivity, improving quality and reducing equipment cost.

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Market Trends:

The ongoing trend of product miniaturization has made machine vision systems vital for inspecting measurements and defects in miniaturized products. These systems can inspect minute details which may otherwise be too small for the human vision to detect. Machine vision systems prevent defective components from reaching the later stages of production by identifying them at earlier stages which subsequently helps in minimizing unnecessary costs. Owing to this, machine vision systems are increasingly being incorporated in several manufacturing industries. In line with increasing automation, the adoption of robots is also rising across various industry verticals. As these robots rely on machine vision to perform tasks, this is projected to proliferate the demand systems across the globe. On account of these factors, the global machine vision market size is forecasted to reach US$ 15.7 Billion by 2025, expanding at a CAGR of around 8.1% during 2020-2025.

Market Breakup by Product:

  • Vision Systems
  • Cameras
  • Others

At present, vision systems dominate the market, holding the largest share, as these devices are able to detect errors and timely deliver information.

Market Breakup by Component:

  • Hardware
  • Software

Amongst these, hardware components account for the majority of the total market share as they play a vital role in integrating smart components in order to improve the efficiency of machine vision systems.

Market Breakup by Application:

  • Positioning
  • Identification
  • Verification
  • Measurement
  • Flaw Detection

Positioning currently represents the largest segment, holding the dominant share.

Market Breakup by Industry:

  • Automotive
  • Medical and Pharmaceutical
  • Electronics and Semiconductor
  • Food, Packaging and Printing
  • Security and Surveillance
  • Intelligent Traffic System
  • Identification

Market Summary:

Region-wise, Asia Pacific is the leading market, accounting for the majority of the global share. Rapid industrial expansion in countries like China, Japan, India and South Korea is contributing to the development of several innovative products and adoption of advanced technologies in the region. Other major markets include Europe, North America, Middle East and Africa, and Latin America. The competitive landscape of the market has also been examined with some of the key players being:

  • Cognex Corporation
  • Basler AG
  • Omron Corporation
  • National Instruments Corporation
  • Keyence Corporation
  • Sony Corporation
  • Teledyne Technologies Inc
  • Texas Instruments Inc.
  • Allied Vision Technologies GmbH
  • Intel Corporation
  • Baumer Optronic GmbH
  • Jai A/S.

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

If you want to need latest primary and secondary data (2020-2025) with Cost Module, Business Strategy, Distribution Channel, etc. click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

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About Us

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

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

Contact Us

IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA
Email: [email protected]
Tel No:(D) +91 120 433 0800 |
Americas: – +1 631 791 1145 | Africa and Europe: – +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

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Wearable Electronics Market Size, Share and Growth Analysis Forecast to 2020-2025

According to the latest report by IMARC Group, titled “Wearable Electronics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the global wearable electronics market reached grew at a CAGR of 18% during 2014-2019.  Wearable electronics refer to integrated computing devices that can be worn as an accessory or incorporated into clothing. They assist in managing time, reducing costs, handling emergency cases and improving the overall quality of life. In recent years, consumers have started to prefer wearable electronic gadgets like smartwatches and fitness bands to track their day-to-day physical activities. Moreover, progress in technology has led to the introduction of innovative wearable electronics which are gaining traction due to the inflating income levels of the consumers.

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Market Trends:

In the early 2000s, the wearable electronics market was at a nascent stage. However, with the emergence of mobile wireless systems and growing demand for smartphones, particularly in the developing regions, the market witnessed a healthy growth. Wearable electronics now find applications in diverse industries such as sports, fitness, medical, healthcare, entertainment and aerospace. In the healthcare industry, these devices are employed to efficiently monitor the health, quality of sleep and step count of the user accurately and effortlessly. Moreover, these devices record the physiological data of patients who suffer from chronic conditions and enable timely medical interventions for them. The market is also being driven by a number of other forces such as the convergence of technologies, growing awareness about the benefits of IoT devices and increasing adoption of digital services. Looking forward, IMARC Group expects the global wearable electronics market to exhibit strong growth during 2020-2025.

Market Breakup by Products:

  • Smart Bands
  • Smart Watches
  • Smart Clothing
  • Smart Glasses
  • Head Mounted Displays (HMD)

Currently, smart bands represent the most popular type of wearable electronics due to the rising health and fitness awareness among the global population.

Market Breakup by Components:

  • Networking and Positioning Components
  • Power Supply Components
  • Sensing Components
  • Optoelectronic and Display Components
  • Control Components
  • Interface Components

Amongst these, power supply holds the majority of the market share.

Market Breakup by Application:

  • Consumer
  • Healthcare
  • Sports and Fitness
  • Industrial and Commercial

On the basis of applications, consumer applications account for the largest market share.

Market Region Summary:

Region-wise, the market has been segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. Presently, North America is the leading market, holding the majority of the global wearable electronics market share.

Some of the major players operating in the industry include:

  • Sony Corporation (SNE)
  • Apple Inc. (AAPL)
  • ADIDAS AG (ADDYY)
  • BAE SYSTEMS (BAESY)
  • Fitbit Inc. (FIT)
  • Garmin Ltd. (GRMN)
  • LGELECTRONICS (066570.KS)
  • Ohmatex
  • OMsignal
  • Nike
  • Recon Instruments
  • Rockwell Collins
  • Samsung
  • Seiko Epson
  •  Vuzix

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

If you want to need latest primary and secondary data (2020-2025) with Cost Module, Business Strategy, Distribution Channel, etc. click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

About Us

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

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

Contact Us

IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA
Email: [email protected]
Tel No:(D) +91 120 433 0800 |
Americas: – +1 631 791 1145 | Africa and Europe: – +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

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Fuel Cell Market Size, Share and Growth Analysis Forecast to 2020-2025

IMARC Group’s latest study, titled “Fuel Cell Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, finds that the global fuel cell market reached a value of US$ 5.1 Billion in 2019. A fuel cell refers to an electrochemical energy conversion device which contains two electrodes. It also includes an electrolyte which carries ions between the electrodes and a catalyst to speed up the reaction. Owing to the advantages offered by fuel cells, such as easy maintenance, high operating time and better efficiency, they find applications in automobiles, data centres, forklifts, telecommunications, etc. Moreover, as modern fuel cells work on pure hydrogen, they emit negligible amount of greenhouse gases in comparison to diesel- or gas-based fuel cells which makes them environment-friendly in nature.

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Constant depletion of fossil fuels has led governments across the world to implement numerous policies and initiatives, and use sustainable energy alternatives. For instance, the Australian government has proposed to convert gas distribution system to clean hydrogen by 2030. Similarly, the German government aims to reduce greenhouse gas emissions by 40% till 2020 and has invested in hydrogen fuel cells for trains. Along with this, an increase in the number of fuel cell vehicles and buses in China, Japan and Korea has further broaden the growth prospects of the market. Additionally, employment of fuel cells reduces economic dependence on crude oil imports, thereby being financially beneficial to the countries. Looking forward, the fuel cell market value is projected to reach US$ 10.7 Billion by 2025, expanding at a CAGR of 13.1% during 2020-2025.

Market Breakup by type:

  • Proton Exchange
  • Solid Oxide
  • Molten Carbonate
  • Direct Methanol
  • Phosphoric Acid

Currently, proton exchange membrane fuel cells dominate the market, holding the largest share.

Market Breakup by Application:

  • Stationery
  • Transportation
  • Portable

Currently, stationery applications account for the majority of the total market share, representing the largest segment.

Market Region Summary:

Region-wise, the market has been classified into North America, Asia Pacific, Europe, Middle East and Africa, and Latin America. Amongst these, Asia Pacific is the leading market, accounting for the majority of the global share.

The competitive landscape of the market has also been examined with some of the key players being:

  • Panasonic Corporation
  • Ballard Power Systems Inc.
  • FuelCell Energy Inc.
  • Plug Power Inc.
  • Nuvera Fuel Cells Inc.
  • AFC Energy PLC
  • SFC Energy AG
  • Bloom Energy Corporation
  • Toshiba Fuel Cell Power Systems Corporation
  • Mitsubishi Hitachi Power Systems Ltd.
  • Intelligent Energy Limited
  • Doosan Fuel Cell America Inc.

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

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About Us

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

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

Contact Us:

IMARC Group
30 N Gould St, Ste R
Sheridan, WY (Wyoming) 82801 USA
Email: [email protected]
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

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Latest Market Reports

Liquid Detergent Market Size, Share and Growth Analysis Forecast to 2020-2025

IMARC Group’s latest market research report, titled “Liquid Detergent Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, finds that the global liquid detergent market reached a value of US$ 27.1 Billion in 2019. Liquid detergent refers to a cleaning agent that is used for washing clothes, automobiles and utensils as well as in laboratories for removing trace metal residues. Liquid detergents do not accumulate in fabrics, are pre-dissolved and have strong cleaning capability to pre-treat food, grease and oil stains. With growing concerns about hygiene and cleanliness, their demand is rising across the globe. Along with this, the increasing prominence of the e-commerce industry has escalated their sales, especially among the working consumers, due to their easy accessibility and convenience.

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Market Trends:

Manufacturers are expanding their product lines by including a varied range of liquid detergents with different fragrances to reach a broader consumer base and increase profitability. Apart from this, they are also focusing on developing innovative packaging designs such as stand-up pouches with carry handle and integrated tap dispenser, and rigid bottles with measuring cap. Moreover, rising environmental concerns have prompted them to introduce organic variants which do not contain harsh chemicals or raw materials such as chlorine, phosphates, petrochemicals, animal by-products, perfumes, gluten, dyes and allergens. These products are made from sustainable, plant-derived ingredients which also enhance their softening properties, lessen crumples and prevent fading of color. Looking forward, the liquid detergent market is projected to reach a value of US$ 37.3 Billion by 2025, expanding at a CAGR of 5.5% during the forecast period (2020-2025).

Market Breakup by Product Type:

  • Organic
  • Inorganic liquid detergents

Currently, inorganic liquid detergents dominate the market, holding the largest share.

Market Breakup by End-Use:

  • Residential
  • Commercial Sectors

Liquid detergents are mostly used at homes to wash clothes and utensils while in the commercial sector they are utilized to clean cars, laboratory equipment, etc.

Market Breakup by Distribution Channel:

  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Departmental Stores
  • Online
  • Others

Currently, supermarkets and hypermarkets represent the biggest distribution channel.

Market Region Summary:

Region-wise, North America enjoys the leading position, accounting for the majority of the market share. Other major regions include Asia Pacific, Europe, Middle East and Africa, and Latin America.

The competitive landscape of the global liquid detergent industry has also been examined with some of the key players being:

  • Henkel
  • Procter & Gamble
  • The Clorox Company
  • Church & Dwight
  • Unilever

Ask Analyst For Instant Discount and Download Full Report with TOC & List of Figure: http://bit.ly/2VnHjfc

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

If you want to need latest primary and secondary data (2020-2025) with Cost Module, Business Strategy, Distribution Channel, etc. click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

Single User: https://www.imarcgroup.com/checkout?id=922&method=1

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About Us

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

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

Contact Us

IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA
Email: [email protected]
Tel No:(D) +91 120 433 0800 |
Americas: – +1 631 791 1145 | Africa and Europe: – +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

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Latest Market Reports

Multiple Myeloma Drugs Market Size, Share and Growth Analysis Forecast to 2020-2025

According to the latest report by IMARC Group, titled “Multiple Myeloma Drugs Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the global multiple myeloma drugs market grew at a CAGR of around 9% during 2014-2019. Multiple myeloma, or Kahler’s disease, refers to a form of cancer that is formed in the plasma cells. It causes cancer cells to produce abnormal proteins that accumulate in the bone marrow and destroy the healthy blood cells. Some of the most widely used myeloma drugs include corticosteroids and immunomodulatory and chemotherapeutic agents. These drugs help in healing bones and preventing bone fractures, spinal cord compressions, anemia, and hypercalcemia.

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Multiple myeloma is usually caused by specific genetic abnormalities, and the treatment of this disease involves targeted drug therapies, like the proteasome inhibitor that includes bortezomib and other compounds. Other than this, radiological procedures are also a preferred treatment option during the later phase for pain management caused due to bone deterioration. The rising awareness regarding the benefits of these treatment drugs and procedures has led to their escalated demand. Apart from this, the increasing healthcare expenditure and the extensive research and development (R&D) activities funded by the government and private institutions to develop microRNA therapeutics and nanomedicines for the treatment of multiple myeloma are expected to create a positive outlook for the market in the coming years. Looking forward, IMARC Group expects the multiple myeloma drugs market to witness moderate growth during the next five years.

Breakup by Therapy:

  • Targeted Therapy
  • Biologic Therapy
  • Chemotherapy
  • Others

Breakup by Drug Type:

  • Immunomodulatory Drugs
  • Proteasome Inhibitors
  • Histone Deacetylase Inhibitors
  • Monoclonal Antibody Drugs
  • Steroids
  • Others

Breakup by End-User:

  • Men
  • Women

Breakup by Distribution Channel:

  • Hospital Pharmacies
  • Retail Pharmacies
  • Online Pharmacies
  • Others

Competitive Landscape Key Player:

  • Amgen Inc.
  • Bristol-Myers Squibb Company
  • Daiichi Sankyo Company
  • Genzyme Corporation (Sanofi-Aventis)
  • Johnson & Johnson Services Inc.
  • Merck & Co. Inc.
  • Novartis AG
  • Pfizer Inc.
  • Pharma Mar S.A.
  • Takeda Pharmaceutical Company Limited.
  • Teva Pharmaceutical Industries Ltd.

Ask Analyst for Instant Discount and Download Full Report with TOC & List of Figure: https://bit.ly/3eFJ0KW

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

If you want to need latest primary and secondary data (2020-2025) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

Single User: https://www.imarcgroup.com/checkout?id=2169&method=1

Corporate User: https://www.imarcgroup.com/checkout?id=2169&method=3

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

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

Contact US
IMARC Group
30 N Gould St, Ste R
Sheridan, WY (Wyoming) 82801 USA
Email: [email protected]
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800