Whipping Cream Market Size Worth $10.3 Billion By 2025

The global whipping cream market size is expected to reach USD 10.35 billion by 2025 registering a CAGR of 8.1%, according to a new report by Grand View Research, Inc. Rising consumption of foods, such as pies, ice creams, cupcakes and cakes, puddings, scones, milkshakes, hot chocolate, espresso drinks, and coffee drinks, is expected to remain a favorable factor for the market growth.

Furthermore, rising awareness about the health benefits of whipping creams, such as improved bone health and immune system, due to the presence of vitamins A, D, E, K, and choline. Companies are investing more in product development to increase their market share. For instance, in August 2018, Kraft Heinz partnered with Hershey’s and launched Milk Chocolate Dairy Whipped Topping and Peanut Butter Cup Dairy Whipped Toppings.

In Feb 2019, Amazon launched new private label Happy Belly brand in its dairy and beverage product line. Under this brand umbrella, the company will sell numerous product variants including half and half, heavy whipping cream and dairy whipped topping. In March 2019, DuPont Nutrition & Heath launched Grindsted WP 300 Flexwhip, a sugar-free non-dairy whipping cream. In May 2019, Gay Lea, a Canadian milk and dairy products company, launched a new non-dairy vegan real coconut whipped cream.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/whipping-cream-market

Further key findings from the study suggest:

  • The dairy product segment accounted for the largest market share of more than 60% in 2018 and will continue to expand further at a steady CAGR from 2019 to 2025
  • The B2B application segment is expected to register the fastest CAGR of 8.2% from 2019 to 2025
  • Europe is expected to be the largest regional whipping cream market accounting for a market share of more than 35% by 2025
  • Online distribution channel is expected to be the fastest-growing segment at a CAGR of 8.5% from 2019 to 2025

Inkjet Coders Market Size Worth $2.1 Billion By 2025

The global inkjet coders market size is expected to reach USD 2.1 billion by 2025, registering a CAGR of 5.1% over the forecast period, according to a new report by Grand View Research, Inc. increasing adoption of inkjet coders in medical applications is expected to drive the market over the forecast period. Inkjet coders are being used in medical applications to meet the growing demand for traceability that allows protection against counterfeit pharmaceuticals.

Inkjet coders are also extensively used in the food industry to enable consumers to read information and gain knowledge about the product. Information coded includes expiry dates, nutritional information, and ingredients. The demand for TIJ coder in the food industry has increased over the last few years. TIJ coders provide improved print quality and resolution and release less volatile organic compounds, thereby increasing the demand for such coders among food packaging.

Besides, the packaging industry is witnessing a paradigm shift in terms of coding and marking methods. Inkjet coders are being observed to be used in the packaging industry for marking primary packaging, coding tobacco packages, and tracking and identifying products. Furthermore, the growth of the market is attributed to increase in the number of pharmaceutical stores, especially in the Asia Pacific region. Also, in this region the government of different countries have introduced several legislative norms to accurately label produced goods, which in turn is supporting market growth and is anticipated to witness substantial growth by 2025.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/inkjet-coders-market

Further key findings from the study suggest:

  • The market is anticipated to witness substantial growth during the forecast period owing to rising adoption in various industries, including pharmaceutical, food and beverages, and automobile
  • The Drop on Demand (DOD) inkjet coder segment is expected to register considerable growth by 2025. This is attributed to benefits offered in terms of flexibility and functionality, thereby augmenting its adoption across industrial applications such as printing onto timber and hardware, concrete, and packaging products
  • The food industry segment accounted for the highest market share in 2018, owing to increasing stringent regulations on clear printing of information on the product
  • The growth of the European market can be attributed to presence of large number of vendors/manufacturers offering the printing technology. Also, Europe is likely to maintain its dominance during the forecast period
  • Key players in the market include Markem-Imaje; Linx Printing Technologies; KGK Jet India Private Limited; Xaar Plc; Videojet Technologies Inc.; Kiwi Coders Corp.; and Hitachi Industrial Equipment Systems Co., Ltd. New product development remains the key strategy adopted by the leading manufacturers in the market.

Livestock Grow Lights Market Worth $10.4 Billion By 2025

The global livestock grow lights market size is estimated to reach USD 10.4 billion by 2025, growing at a CAGR of 6.8% from 2019 to 2025, according to the new report conducted by Grand View Research, Inc. Increasing adoption of smart technology for domestic animal farming and consumption of meat, eggs, and milk is expected to drive the growth of the market. Increasing number of domestic animals, especially in developing economies such as India, China, and Brazil is subsequently necessitating building of new livestock farms. This is driving demand for new installation of grow lights in these countries.

The traditional incandescent light bulbs are increasingly getting replaced by LEDs, which is helping to decrease greenhouse gas emissions. Additionally, LED lights do not generate hazardous waste. Thus, there is an increase in the adoption of LEDs. India has joined other countries such as China and Japan, in achieving a rapid shift to LEDs. Under the new initiative ‘The Domestic Efficient Lighting Program,’ India has distributed around six crores LED bulbs. This initiative has resulted in saving of around 1.8 gigawatts of electricity in the past year.

In addition, the governments across countries such as India and the U.S. are taking initiatives for an increase in domestic animal production. This, in turn, is expected to have positive impact on demand for grow lights. For instance, the Government of India is taking efforts to strengthen the infrastructure required for the production, processing, procurement, and marketing of quality milk under the dairy development schemes such National Dairy Plan (Phase-I), National Programme for Dairy Development (NPDD), Dairy Processing and Infrastructure Development Fund (DIDF).

Increasing adoption of new technologies/technology-based products such as automatic incubators for poultry farms is expected to fuel the market growth. The automatic incubators consist of gear-motor-operated panels that enable them to rotate at the appropriate speed to ensure perfect condition for an egg to hatch and incubate successfully. The incubator is designed to regulate incubation humidity and temperature. The presence of LED lights during the incubation improves the chick quality in broiler and white layer eggs, reduces the stress susceptibility of broilers post-hatch, and increases the hatchability rate.

The prominent players operating in the market include Signify Holding (U.K.); HATO BV (Netherlands); Big Dutchman (Germany); OSRAM GmbH (Germany). The market players are mostly focusing on merger and acquisition in order to provide a significant lighting system for animal barns.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/livestock-grow-lights-market

Further key findings from the report suggest:

  • Increasing adoption of LED lights in livestock farms is expected to drive the market over the forecast period. LED lights are energy-efficient with one-fifth of the power consumption of incandescent light bulbs
  • The cattle segment dominated the market in terms of revenue in 2018. The grow lights in the cattle farms help increase the productivity of milk from dairy cattle
  • The new installation segment is expected to witness the highest CAGR over the forecast period owing to the rising livestock population, especially in regions such as Asia Pacific and Europe 
  • North America held considerable livestock grow lights market share in 2018 owing to early and relatively greater adoption of advanced technologies such as LED lighting in the livestock sector
  • The players operating in the market include Once Inc. (U.S.); DeLaval Inc. (Sweden); and Greengage Lighting and Agri-tech (U.K.).

Indoor Farming Market Size Worth $50.3 Billion By 2025

The global indoor farming market size is estimated to reach USD 50.3 billion by 2025, exhibiting a CAGR of 9.19% from 2019 to 2025, according to the new report conducted by Grand View Research, Inc. The increasing demand for food owing to the rising population is expected to drive the growth. Factors such as declining water supply, urbanization, and climate change have contributed to the loss of arable land. This in turn is driving demand for indoor farms to produce food. In addition, challenges, such as rising global temperature and extreme weather conditions, act as a barrier in the traditional farming technique. The European Environment Agency (EEA) has carried out several initiatives to build vertical farms to overcome these challenges and produce food in an environment-friendly way.

Indoor farming increases the crop yield and reduces farming impact on the environment by reducing the distance traveled in the supply chain. It reduces need for the land space required to grow plants compared to traditional farming methods by using growing shelves mounted vertically. Rising consumer awareness regarding consumption of healthy and fresh food is anticipated to positively influence the market for indoor farming over the forecast period. Furthermore, the use of technology, such as LED indoor farming to create nature-like conditions will help farmers meet the expected demand for food supply in near future.

Europe dominated the indoor farming market in 2018 and is anticipated to remain dominant over the coming years, owing to the continuous adoption of advanced technologies such as LED lighting, controlled environment agriculture. Asia Pacific is expected to exhibit the fastest CAGR from 2019 to 2025, owing to the increasing indoor farms in countries such as China and Japan. Increasing adoption of greenhouses and vertical farms is projected to bode well for the regional growth. In addition, the rising demand for pesticide-free, fresh vegetables and fruits is expected to fuel the regional market growth.

The key players operating in the market include Netafim (Israel), Richel Group (France), PRIVA (Netherlands), and Argus Control System Limited (Canada). Companies across the globe, such as Signify Holding and Osram GmbH, are working on developing innovative lighting systems for indoor farming.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/indoor-farming-market

Further key findings from the study suggest:

  • The greenhouses segment dominated the market in terms of revenue in 2018 as these facilities produce higher yields. Greenhouses offer a stable and highly controlled environment for the cultivation of flowers, vegetables, and fruits
  • The fruits, vegetables, and herbs segment is estimated to register the fastest CAGR over the forecast period, owing to the increasing food consumption along with growing consumer awareness regarding the importance of healthy eating, especially in regions such as Europe and Asia Pacific
  • The climate control systems segment is projected to expand at the highest CAGR during the forecast period, as the crop development can be controlled by adjusting and monitoring the concentration of minerals
  • Some of the key players operating in the indoor farming market include LumiGrow (U.S.), Illumitex (U.S.), Hydrodynamics International (U.S.), and Agrilution (Germany)

Skid Steer Loaders Market Worth $2.6 Billion By 2025

The global skid steer loaders market size is expected to reach USD 2.6 billion by 2025, exhibiting a revenue based CAGR of 2.4% over the forecast period, according to a study conducted by Grand View Research, Inc. Regulated demand from the construction sector coupled with introduction of several state-of-the-art skid steer loader variants with superior features such as compact size, and easy operability, are the major factors driving the demand. In addition, the rising adoption of skid loaders for landscaping activities is also expected to have a positive impact on the product demand.

Another major reason contributing to the demand for skid steer loaders is their ability to get into tight spaces. Although the machines are small in size, they have enough power to perform heavy construction activities. For instance, the Bobcat S70 has a width of only 901 mm but is equipped with a 23.5 horsepower engine and has a rated operating capacity of 343 kg.

The growing preference for comfort among operators is compelling manufacturers to focus on manufacturing loaders with enhanced cabin comfort. For instance, CNH Industrial N.V. offers skidsteers with a cabin that have increased headroom and improved visibility. Similarly, recently introduced AB Volvo’s C-Series skid steer loaders offer operators with 27% more cabin space as compared to their previous models. Thus, growing preference for improved comfort and operational efficiency is expected to drive growth of the skid steer loaders market over the forecast period.

Skid loaders have numerous advantages over other construction equipment that make it popular in the construction industry. The machines can perform different tasks and can operate on different types of terrains. The wheeled models can be used on uneven or rough terrains by installing Over-The-Tire (OTT) tracks that are easy to maintain and replace. The abovementioned benefits, coupled with lower operating costs, are anticipated to surge demand for skidsteers over the next six years.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/skid-steer-loaders-market

Further key findings from the study suggest:

  • Skidsteers with Rated Operating Capacity (ROC) between 1,251 lbs to 2,200 lbs accounted for the highest market share in 2018 as these products offer optimal balance of power and initial cost
  • The more than 2,200 lbs segment is anticipated to expand at a significant CAGR over the forecast period, owing to the additional comfort and operational efficiency offered
  • The agricultural segment is gaining traction due to the flexibility offered by skid loaders, thereby eliminating the need for multiple machines across different operations
  • Construction and mining segment accounted for more than 50% of value share in 2018. Skidsteers were primarily introduced for construction activities and hence are widely used across the construction facilities
  • Middle East and Africa skid steer loaders market is primarily driven by rising infrastructure projects in the region

Distributed Acoustic Sensing Market Size Worth $775.8 Million By 2025

The global distributed acoustic sensing market size is expected to reach USD 775.8 million by 2025, according to a new report by Grand View Research, Inc. It is anticipated to exhibit a CAGR of 11.5% from 2019 to 2025. The use of fiber optic sensors is progressively increasing in the oil and gas industry since they provide a data-rich perspective on micro-seismicity and fracturing process. Also, with the increasing importance of border surveillance, distributed acoustic sensing systems are being highly used in the security and surveillance industry since they provide high-reliability and low-cost surface crossing and tunnel construction detection. Due to the high potential of intrusion detection, the adoption of DAS systems is growing in several asset protection-related applications, such as railways, high-value facility perimeters, and oil and gas pipelines.

The economic benefits of distributed acoustic sensing are anticipated to create growth opportunities for the market in the forthcoming years. The key drivers include the prevention of construction damages and pipeline thefts. DAS systems can perform the early detection of leakages, corrosion, erosion, and malicious third-party intrusion, which offer economic benefits to the industry. Also, they provide real-time monitoring of assets and perimeters, which provides improved security. Therefore, distributed acoustic sensors are used in various end-user industries for long-distance tracking of the acoustic signals generated by external interferences.

The Asia Pacific distributed acoustic sensing market is expected to witness substantial growth over the forecast period, owing to the emerging trends, such as increasing penetration of seismology. According to the U.S. Energy Information Administration, the region accounted for approximately 10% of the world’s crude oil production in 2018. China alone contributed approximately 5% of global crude oil production in the same year. Due to the presence of substantial oil and gas industries, the region is expected to demonstrate significant growth in distributed acoustic sensing shortly.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/distributed-acoustic-sensing-market

Further key findings from the report suggest:

  • The significant surge in the deployment of optical fiber sensors in oil and gas industries will create a massive potential for the distributed acoustic sensing market
  • Market players are focusing on providing optical fiber acoustic sensors for wellbores, which offers long-distance data transmission for subsea and downhole
  • Key market players are considering partnerships and acquisitions of startups providing innovative products to expand their outreach in the market
  • The key competitors in the market are OptaSense; Halliburton; Schlumberger Limited; Baker Hughes, a GE Company LLC; Future Fibre Technologies; Northrop Grumman Corporation; Fotech Solutions Ltd.; Omnisens; Silixa Ltd; and Ziebel; among others

Active Electronic Components Market Size Worth $495.2 Billion By 2025

The global active electronic components market size is estimated to reach USD 495.2 billion by 2025, registering a CAGR of 9.6% from 2019 to 2025, according to a new study by Grand View Research, Inc. Growing demand for active electronics components for manufacturing smart home appliances such as refrigerators, air conditioners, and washing machines among others, is estimated to boost the market growth. Moreover, the anticipated adoption of active electronic components in networking devices and telecom equipment requisite for developing 5G infrastructure is further expected to elevate the growth.

Wearables such as smartwatches, Virtual Reality (VR) headsets, and fitness bands among others are gaining popularity among consumers. Consumers are increasingly willing to spend a significant amount on health and entertainment, which in turn it has accelerated the demand for wearable devices among consumers worldwide. This is further anticipated to increase the adoption of active electronic components in the coming years. In addition, voluminous patient data coupled with investments made by the governments and private players worldwide for setting up state-of-the-art healthcare facilities has augmented the adoption of high-tech medical equipment and connected devices. Thus, with rising demand for these devices, the demand for active electronic components is expected to surge globally over the forecast period.

Demand for connected cars is fast transforming the automotive industry. This has increased the use of advanced electronics in automotive for multiple applications, such as parking, safety, telematics, and navigation among others. Thus, growing demand for advanced electronics in automotive is expected to drive demand for active electronic components over the forecast period. Also, the rising demand for advanced microcontrollers or modems in order to provide robust connectivity to autonomous cars and other critical applications is further expected to surge the adoption of active electronics components from 2019 to 2025.

With the rising trend of industry 4.0, the adoption of the Internet of Things (IoT) devices in the manufacturing sector is gradually increasing worldwide. Key manufacturers are opting for new technologies to augment their overall productivity and operational efficiency in order to ensure profitability. Therefore, the rising adoption of IoT technology for smart manufacturing applications, such as machine-to-machine communication is estimated to augment the adoption of active electronic components over the forecast period. Furthermore, the escalating trade war between U.S. and China is anticipated to restrict the overall market growth over the forecast period.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/active-electronic-components-market

Further key findings from the report suggest:

  • The active electronic components market in India is anticipated to register a CAGR of 12.8%, attributed to the rising investments by prominent smartphone manufacturers in view of establish their own manufacturing facilities in the country
  • The Integrated Circuits (ICs) segment held a market size exceeding USD 80 billion in 2018, attributed to the robust increase in the demand for ICs integrated with state-of-the-art devices such smartphone, laptops, vehicle automation systems, and network devices among others
  • Significantly growing demand for active electronic components across next-generation devices such as 5G-enabled smartphones, gaming consoles, and other consumer electronics is estimated to fuel the consumer devices segment growth from 2019 to 2025
  • Several key market players are focusing on mergers and acquisitions in order to strengthen their market presence and expand their product portfolios
  • Prominent market players include Infineon Technologies AG; NXP Semiconductors NV; Texas Instruments Incorporated; Toshiba Corporation; STMicroelectronics; Semiconductor Components Industries, LLC; Intel Corporation; Maxim Integrated; Renesas Electronics Corporation; Broadcom Inc.; Qualcomm Inc.; Analog Devices, Inc.; Advanced Micro Devices; Microchip Technology Inc.; and Monolithic Power Systems Inc.

Sound Recognition Market Worth $4.42 Billion By 2025

The global sound recognition market size is expected to reach USD 4.42 billion by 2025, exhibiting a CAGR of 75.8% over the forecast period, according to a new report published by Grand View Research, Inc. Sound recognition runs on inexpensive microcontrollers that result in a low bill of materials, thereby providing an economical solution. It is highly flexible since it can detect various sounds and allows users to add their sound event classifiers, thereby providing easy customization of sound event. Thus, high flexibility and low cost are expected to propel the market growth.

Sound recognition technology is used for various purposes, such as music recognition and speech recognition among others. Increasing adoption across applications such as for monitoring and surveillance system for automatic alarm detection and rising use in smart safety solutions are the factors expected to drive the market growth. Other factors, such as increasing adoption of advanced technologies including Artificial Intelligence (AI), machine learning, Internet of Things (IoT), and others, are anticipated to further drive the adoption of sound recognition in the forthcoming years.

The artificial intelligence-based sound recognition technology is expected to register a high CAGR over the forecast period. This is due to increasing involvement of market vendors in developing sound recognizing products integrated with intelligent technology to provide customers with ease and flexibility. In the application segment, the automotive section is expected to gain moderate traction. This is due to factors such as integration of sound recognition technology in autonomous cars to recognize sounds inside and outside the car and improve safety.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/sound-recognition-market

Further key findings from the report suggest:

  • Increasing adoption of sound recognition technology for emergency vehicle detection condition monitoring and wear detection, amongst others are factors driving growth of the automotive segment
  • Benefits such as high efficiency due to edge processing and high control and awareness with the help of real-time analytics are driving the sound recognition market growth
  • Vendors in the Europe market are gaining a competitive edge in the market by receiving substantial investments from companies such as Cambridge Innovation Capital plc and IQ Capital for enhancing their exiting sound recognition technology
  • Wavio, OtoSense, abilisense, Reality AI, and Audio Analytic Ltd. are some of the key plyayers operating in the market

U.S. SMS Marketing Market Worth $12.6 Billion By 2025

The U.S. SMS marketing market size is expected to reach USD 12.6 billion by 2025, expanding at a CAGR of 20.3%, according to a study conducted by Grand View Research, Inc. Use of text messages for promotion and advertisement is gaining popularity owing to increasing number of mobile phone users in the country. U.S. is one of the leading country in terms of adoption of smart phones, aiding the marketers in reaching the target customer. Moreover, cost effectiveness and convenience of reaching the target is anticipated to propel the demand for text message marketing over the forecast period.

The use of Rich Communication Service (RCS) protocol is enhancing the text message system by allowing sending and receiving of high-resolution media files via messages. It allows marketers to make promotional messages more interactive and creative in order to attract customers. The advent of RCS, coupled with technologically advanced smartphones that support advanced messaging features is expected to drive the market growth.

Companies are largely focusing on improving customer relationships and engagement by providing special discounts and offers, tailor-made for customers. The use of SMS for sending such offers helps them to customize messages according to the individual customer. Thus, increasing competition has led to the increased usage of text messages, and the trend is expected to influence market growth over the forecast period.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/us-sms-marketing-market

Further key findings from the study suggest:

  • SMS marketing market is gaining traction owing to the fact that it eliminates the use of paper used by other means of marketing
  • The SMEs segment is anticipated to record substantial growth from 2019 to 2025 owing to increasing use of text messages by small retailers and businesses to send promotional coupons and other offers
  • In an attempt to sustain competition, banks are introducing several services. The use of texts for marketing these services is expected to augment the growth of the BFSI segment over the forecast period
  • The U.S. SMS marketing market is characterized by intense competition with several players such as Infobip Ltd.; InMobi; Marketo; Amobee, Inc.; Chartboost; Slick Innovations, LLC.; and IBM Corporation offering similar solutions. Pricing and product differentiation is the key to sustain competition.

Electronic Lab Notebook Market Size Worth $768.2 Million By 2026

The global electronic lab notebook market size is expected to reach USD 768.2 million by 2026, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 4.8% during the forecast period. Increasing requirement for life science and pharma industries to comply with regulatory requirements has promoted the incorporation of Electronic Lab Notebook (ELN) as it helps simplify the lab process and reduce time.

Rising demand for automated laboratory process such as cloud based electronic lab notebook, ELN embedded with SDMS solutions and supportive government initiatives, are expected to propel the market over the forecast period. Asia Pacific is expected to exhibit lucrative growth over the forecast period owing to increasing demand of Contact Research Organizations (CROs). Moreover, reduced operational cost, remote access, real time data tracking are contributing to the rising demand.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/electronic-lab-notebook-eln-market

Further key findings from the study suggest:

  • Increasing demand for automation in lab activities are anticipated to create growth opportunities in near future
  • Cross disciplinary accounted for the largest revenue share of the product segment in 2018, owing to its usage in multiple disciplines and other added advantages such as customized features and coordination across the domain
  • Web hosted/cloud based delivery mode held the largest share of electronic lab notebook market in 2018 owing to its real time data analysis, remote access, and reduced IT manpower
  • Proprietary held the largest revenue share of the license segment due to the increasing adoption in life science and pharmaceutical industries as compared to open source ELN
  • North America held the dominant market share in 2018, due to supportive government initiatives and presence of large number of industry players
  • Asia Pacific is anticipated to witness lucrative growth due to increase in number of CROs and untapped opportunities
  • Some of the key companies are Thermo Fisher Scientific, Inc.; Core Informatics;Arxspan, LLC; LabVantage Solutions, Inc.; Benchling, Inc.; LabLynx, Inc.; Agilent Technologies; Dassault Systemes SE; KineMatik Inc.; and Abbott Informatics