LED and OLED Display Market Regional Insight

The geographical dissection of the LED and OLED display market has been conducted for North America, APAC or Asia Pacific, Europe, and RoW or rest of the world.

The widespread uptake of LED and OLED displays in the consumer electronic industry has led to North America’s dominance in the global market. With widely recognized companies present in the region, frequent technical advancements and the consequent fall in the prices of LED and OLED displays also benefit the regional market to a large extent.

Increasing use of smartphones, tablets and other consumer electric products in Taiwan and China induces the growth of the LED & OLED display market in APAC. The infrastructural improvement along with the mounting number of sport events, especially in India also adds to the market strength in the region.

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LED and OLED Display Market Leading Players

Leading players identified by MRFR are LG Electronics Inc.(South Korea), OSRAM GmbH (Germany), Samsung Electronics Co. Ltd. (South Korea), Universal Display Corporation (U.S.), Panasonic Corporation (Japan), Microchip Technologies (U.S.), Sony Corporation (Japan), Philips Electronics (Netherlands), Corning (U.S.), and more.

Some more players listed in the report include Futaba Corporation (Japan), Dresden Microdisplay GmbH (Germany), Shenzhen China Star Optoelectronics Technology Co., Ltd. (China), Fraunhofer-Gesellschaft (Germany), EverDisplay Optronics (Shanghai) Limited (China), BOE Technology Group Co., Ltd. (China), eMagin, Inc. (U.S.), Newvision Corporation (China), AU Optronics Corp. (Taiwan), Chunghwa Picture Tubes, LTD. (Taiwan), to mention a few.

LED and OLED Display Market Scope

Market Research Future (MRFR) asserts that by the end of 2023, the global LED and OLED display market 2020 can touch a tremendous valuation of 121 billion. The market can also expect to procure a CAGR of 24% between 2017 and 2023 (assessment period). We will provide covid-19 impact analysis with the report, offering an in-depth review following the coronavirus disease outbreak.

LED and OLED Display Market Segmentation

LED and OLED display industry has been considered for type, display type, display size, and end user.

The types covered in the study are active-matrix OLED (AMOLED), passive-matrix OLED (PMOLED), inorganic OLED, high brightness LED and organic LED (OLED).

The types of displays considered in the report are flat panel display, transparent panel display as well as flexible display.

Display size-wise market categories are up to 20”, 20”-50”, and 50” above.

The primary end users in the industry include media & entertainment, healthcare, automotive, education, consumer electronics, enterprise, industrial, commercial, and others.

LED and OLED Display Market COVID-19 Analysis

The lockdown following the COVID-19 outbreak has led to an economic crisis that has hit various industries. While many business sectors have borne the brunt of the pandemic, the semiconductor industry has been the most impacted. Post the SARS-CoV-2 outbreak, various companies were faced with tough decisions, in terms of finance and cost-cutting measures to ensure uninterrupted flow of operations. The lockdown situation has been the short term impact that the novel coronavirus, affecting the manufacturing sectors and resulting in a plummeting demand among consumer electronics providers. The weak demand has had a domino effect throughout the semiconductor industry, with the drop in the prices. The COVID-19 outbreak and the resultant lockdown has led to shutting down of operations, as well as the e-commerce and retail stores, making the supply chains weak and creating a larger gap between supply and demand.

However, despite the COVID-19 impact on the market, the escalating applications of for LED and OLED display in consumer electronics, automotive, enterprise, healthcare, media & entertainment, and education can fortify the market position throughout the review period.

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Growth Inducers and Key Deterrents

The report focuses on the long-term impact of COVID-19, with governments everywhere doing everything they can to deal with the current situation. They are implementing favorable initiatives and policies including lower interest rate, exceptions in tax and financial packages. While countries are struggling to find a COVID-19 breakthrough, the LED and OLED display market can expect to gain impetus in the near future on account of the soaring demand for flexible display products.

Escalating use of LED and OLED displays in outdoor promotions and advertisements can be a critical growth booster in the global market. Appealing features such as environment friendly, energy efficiency, high durability and low operational cost lead to higher use of these displays among advertisers and marketers for promotional campaigns as well as advertisements. The surge in live concerts, corporate exhibitions and sport competitions also boosts the market growth speed worldwide.

The LED & OLED display market’s rapid growth can also be attributed to the mounting focus of end-users on energy conservation. With the rising penetration of LED and OLED technology in backlights of laptops, monitors and TVs, the market is observing higher investments by leading global manufacturers. Sensing the significant opportunities in the industry, more and more new vendors are gaining entry into the market, with more number of players expected to enter in the years ahead.

Latest Developments

May 2020

iPhone 12 is soon to be launched in the market, following the major success of iPhone 11. The mobile device’s OLED display is expected to be powered by Samsung, which will be around 5.4 inches.

Global IR Spectroscopy Market Regional Analysis

The global IR Spectroscopy market has four segmentations based on the geographical regions; it includes North America, Asia Pacific, Europe, and the remaining part of the globe. As per the insights, North America is the largest market for IR Spectroscopy on the global stage. It is also expected to expand during the anticipated period. Advanced technologies and the availability of developed infrastructure are two major factors responsible for making North America the biggest market. The rapid growth of new technology also contributes to the expansion of the North American market. Asia Pacific is the subsequent region holding the second largest market share. The growth of the pharma industries and increasing food and beverage companies boosts the market.

Global IR Spectroscopy Market Segments

The global IR Spectroscopy Market gets fragmented into four parts. It includes technology, product type, vertical, and region. In the case of technology, the global IR Spectroscopy Market offers near-infrared, mid-infrared, and far-infrared Spectroscopy. The mid-infra-red Spectroscopy is the one that dominates the global market for increasing usage in detoxification and immunity-boosting of humans. Based on product type, you can find the global IR Spectroscopy market divided into benchtop, portable, hyphened, and many other types. The benchtop Product type holds the maximum market share for its portability and ease-in-use feature, in terms of vertical, the fragment of the global market into healthcare, pharma, chemical research, food, and beverages. The healthcare and pharma industries hold the largest market share in the vertical segment with increased disease detection and biopsy identification.

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Global IR Spectroscopy Market Overview

The global IR Spectroscopy market is projected to grow at a CAGR of 6.3% till the forecasted period of 2021-2028. This will take the Global IR Spectroscopy Market to USD 1998.22 Million by 2028. IR spectroscopy technology is the emerging technology that enables humans to perform enhanced analysis. You can find increased usage of IR spectroscopy in structural analysis, detecting errors, quantifying all the elements in the sample. These elements can be gas, liquid, or solid. Health care and pharmaceutical industries are the imperative market drivers with continuous investment in IR spectroscopy. However, the cost of accessing IR spectrometers is a constraint that slows the expansion.

The global IR spectroscopy market gets segmented into four segments. It includes type, technology, vertical, and region. In types, you can find three types of IR spectroscopy devices. It includes portable, hyphenated, benchtop, portable, and others. In vertical segmentation, healthcare and pharma industries hold the largest market share of the global IR spectroscopy market. During the past few decades, IR spectroscopy has been used as a significant approach to determine bacteria in bodies. Apart from that, neoplastic alterations in Biopsies and several forms of arthritis also get determined using IR spectroscopy. So, an increase in such disease and exposure to various bacteria will always ensure the growth of the global IR Spectroscopy Market.

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Global IR Spectroscopy Market Industry news

In the recent past, Bruker Corporation has owned the canopy Bioscience LLC. This organization deals in high-grade biomarker imaging and immunology. It also emphasizes cell therapy and offers a fluorescence imaging approach. This new product offering will expand the IR Spectroscopy market extensively.

Global 3D Printing Market Overview

According to Market Research Future (MRFR), the 3D printing market Growth valuation is estimated to reach USD 52.3 billion by 2030 , growing at a 22.30% CAGR throughout the forecast period (2022 – 2030).

Global 3D printing market is witnessing a continual rise in revenues. The market growth attributes to the rising adoption of 3D printing technology across the major industries such as healthcare, automotive, aerospace, plastics, and electronics. The technology is extensively used in dentistry to improve dental & orthodontic treatments, development of orthopedic implants & drugs, tissue engineering, and many more.

Besides, the vast developments in the additive manufacturing of PPE materials using 3D printing systems and medical treatment and care concepts influence the market growth.

Rapid advances in 3D printing technology and rising R&D funding from public-private sectors positively impact the growth of the market. Conversely, the lack of expertise is a major factor impeding the growth of the market. Nevertheless, rising usages of 3D printed models to improve surgical services would support the market growth throughout the assessment period.

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3D Printing Market   - Competitive Analysis

The 3D printing market appears highly competitive due to the presence of several well-established players. To gain a larger competitive share, industry players adopt strategic initiatives such as mergers & acquisitions, collaborations, expansion, and new technologies/product launches. Industry players make substantial investments to drive R & D to develop new products & technologies and increase their global footprints.

Global 3D Printing Market   - Segmentation

The 3D printing market analysis is segmented into offering, operational model, process, material, applications, and regions. The offering segment is sub-segmented into material, software, printer, and services. The operational model segment is sub-segmented into in-house and service providers.

The process segment is sub-segmented into material jetting, sheet lamination, binder jetting powder bed fusion, material extrusion, vat photopolymerization, and directed energy deposition.

The material segment is sub-segmented into polymer, nylon, metal, and ceramic. The application segment is sub-segmented into pharma & medical, consumer goods, automotive & aerospace, plastics, wholesale & retail, energy logistics, mechanical & plant engineering, electronics, transport, and others.

3D Printing Market   - Geographical Analysis

North America leads the global 3D printing market. The largest market share attributes to the presence of notable industry players and the augmenting demand for 3D printing technology in the region. Besides, factors such as the spurting growth in the medical device industries and increasing medical device use in the region foster the market growth.

Europe stands second in the global 3D printing market, mainly due to rising government initiatives promoting 3D technology development. Moreover, the presence of well-established medical device manufacturing companies boosts the market growth in the region. Germany, the UK, and France are major 3D printing markets in the region, accounting for a sizable market share.

The Asia Pacific 3D printing market is growing briskly, witnessing the rising adoption of the technology. Additionally, the rising medical device uses and substantial investments to expand 3D printing capabilities drive the regional market growth. The 3D printing markets in China, South Korea, Japan, and India are growing exponentially. The proliferating healthcare sectors and increasing per capita healthcare expenses act as significant tailwinds for market growth.

Major Players:

Players leading the global 3D printing market include MyMiniFactory (UK), Stratasys Ltd. (US), Com, Inc. (US), Canon Inc. (Japan), Arcam Group (Sweden), 3D Systems Corporation (US), Envisiontec GmbH (Germany), Proto Labs (US), HP Inc (US), Graphene 3D Lab Inc. (US), Formlab (US), Shapeways (US), 3D Hubs (Netherlands), Carbon 3D (US), Ultimaker (Netherlands), Zortrax (Poland), Local Motors (US), 3d Ceram (France), Reprap (Denmark), Beijing Tiertime Technology Co., Ltd. (China), Shapeways, Inc. (US), Wiivv Wearables Inc. (Canada), The Argen Corporation (US), Materialise NV (Belgium), The Exone Company (US), Optomec Inc. (US), among others.

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Industry/ Innovation/ Related News

March 18, 2021 --- Fortify (the US), an additive manufacturing start-up, announced closing a US$20M equity round led by Cota Capital, Accel Partners, Neotribe Ventures, and Prelude Ventures. Funds would be used to scale up manufacturing, the team, and materials development programs. The funds would also fuel team growth, accelerate expansion in high-value application spaces, and transition to volume manufacturing of the Flux Series 3D printers.

High Integrity Pressure Protection System (HIPPS) Market Insights:

The High Integrity Pressure Protection System (HIPPS) market is anticipated to develop at a CAGR of 7.5% From 2022 to 2030. A form of a safety system known as a High Integrity Pressure Protection System (HIPPS) keeps track of the pressure in the pipe that is filled with liquid. It is intended to safeguard the system from both over- and under-pressurization. It is made up of a control panel, an alarm, and a pressure transmitter. The control panel turns off the electricity to that pipe and sounds an alert if the pressure in one pipe falls below the predetermined minimum value.

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Typically, gas flaring takes place during planned maintenance, equipment repairs, or shut down situations. With the least amount of environmental effect, it offers regulated pressure release from the gas collecting and processing systems. To maintain pressure and guarantee secure and effective plant operations, this is employed. Due to regulations governing the emissions of these dangerous gases by the process sector, these expenses have increased. When using earthen materials as part of the gas venting procedure using MCD, nothing earthen is wasted. The apparatus is employed once more for a different treatment method. Once more, this creates an atmosphere that is healthy for both people and the environment. By using FLNG containers and enhancing natural gas compression, oil and gas producers are decreasing their emissions to zero.

High Integrity Pressure Protection System (HIPPS) Market Key Players:

Siemens AG,

Schlumberger NV,

Mogas Industries Inc.,

Mokveld Valves BV,

Rockwell Automation,

Emerson Electric Co.,

Severn Glocon Group,

Schneider Electric,

Yokogawa Electric Corporation,

ABB Ltd.

High Integrity Pressure Protection System (HIPPS) Market Regional Analysis:

The North American, European, Asia-Pacific, and Rest of the World regions make up the High Integrity Pressure Protection System (HIPPS) market globally. The High Integrity Pressure Protection System (HIPPS) industry's main market is in Asia-Pacific.

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Due to the region's enormous potential for high-tech businesses, including those in the automotive, aerospace and military, chemical engineering, and oil & gas sectors, pressure protection systems are becoming more and more popular. Additionally, Asia Pacific has a significant need for pressure protection systems for residential structures due to its expanding industrial sector.

In the High Integrity Pressure Protection System (HIPPS) market, North America is expanding. The potential of HIPPS to guard against escalating dangers of explosions, fires, and power outages is what is causing the HIPPS system to be in more demand. This is because the capacity of HIPPS to guard against the hazards of explosions, fires, and power outages has led to a rise in demand for the system.

High Integrity Pressure Protection System (HIPPS) Market Segmentation:

The High Integrity Pressure Protection System (HIPPS) market has been divided into two types depending on type: components and services. In the market for high-integrity pressure protection systems globally, services are the segment that is expanding at the highest rate.

The worldwide High Integrity Pressure Protection System (HIPPS) market has been divided into many sub-sectors based on end-use industries, including Oil and Gas, Chemicals, Power, Metal and Mining, Food and Beverages, and Other Process Industries. In the worldwide High Integrity Pressure Protection System (HIPPS) market, the oil and gas segment are anticipated to develop at the quickest rate.

Purpose-Built Backup Appliance Market Analysis

Market Research Future (MRFR) projects the global Purpose-Built Backup Appliance market to touch USD 10 billion at a CAGR of 15% from 2017 to 2023 (forecast period).

The purpose-built backup appliance offers a better solution for protection storage, protection software, easy-to-deploy, pre-configured appliance, encryption, fault detection, healing, and others. These appliances' limitations include their extensive coverage for physical and virtual workloads, as well as support for a diverse application ecosystem and numerous hypervisors. These coverages are extended to the cloud, together with native cloud-tiering, and can be used for long-term retention in the private or public cloud. It also provides data duplication, which allows for more efficient data protection.

The rise in awareness and focus of enterprises on data protection and recovery infrastructure, stringent rules and regulations governing data protection and data security, and rise in IoT use in the purpose-built backup appliance market are some of the key reasons driving the market growth.

On the other hand, the high cost of storage and backup technology, as well as the availability of cost-effective alternatives, are projected to hamper the worldwide purpose-built backup appliance market growth.

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Purpose-Built Backup Appliance Market Segmentation

The global purpose-built backup appliance industry has been bifurcated on the basis of products, components, and end-users.

Based on the product, the global purpose-built backup appliance market has been bifurcated into open systems, mainframe systems and others.

Based on components, the global purpose-built backup appliance market has been bifurcated into hardware, software, services and others.

Based on end-users, the global purpose-built backup appliance market has been bifurcated into retail, government & defense, IT & telecommunications, healthcare and others.

COVID-19 Impact on the Global Purpose-Built Backup Appliance Market

COVID-19 is an incomparable global public health emergency that has impacted practically every industry, with long-term repercussions expected to impact industrial growth during the forecast period.

Purpose-Built Backup Appliance Market Regional Analysis

The regional analysis of the global purpose-built backup appliance market is being studied for regions such as Asia Pacific, North America, Europe and the Rest of the World.

North America is one of the world's top regions in terms of market share in the purpose-built backup appliance market, with a deduplication rate of 55:1 for data stored both on-premise and in the cloud. The market for purpose-built backup appliances in Europe is likely to increase rapidly in the coming years. Asia Pacific countries such as China, Japan, and India, on the other hand, are a rising market for purpose-built backup appliance market and are predicted to have the greatest CAGR in the coming years.

Key Players

The prominent players in the worldwide purpose-built backup appliance market are – Dell EMC (U.S.), Barracuda Network Inc. (U.S.), Oracle Corporation (U.S.), Axcient Inc. (U.S.), Arcserve LLC (U.S.), International Business Machines Corporation (U.S.), Commvault Systems Inc. (U.S.), Hitachi Data Systems Corporation (U.S.), Hewlett Packard Enterprise Company (U.S.), Quantum Corporation (U.S.), among others.

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Summary

The global purpose-built backup appliance market is set to touch USD 10 billion at a CAGR of 15% from 2017 to 2023 (forecast period). Increased awareness and focus of enterprises on data protection and recovery infrastructure, tight rules and regulations governing data protection and data security, and increased usage of IoT in the purpose-built backup appliance market are some of the main reasons boosting the market growth. On the other hand, the high cost of storage and backup technology, as well as the availability of cost-effective substitutes, are projected to restrict the growth of the global purpose-built backup appliance market.

Waterproof Bluetooth Speakers market

Industry Insight

The global waterproof Bluetooth speakers market analysis 2020 offers a steady compound annual growth rate (CAGR) from 2020 to 2027 of 23%, which is the forecast period. Market Research Future estimates the figures and reveals that the market will witness high growth prospects in the coming years with a valuation of USD 1.6 billion during the same period of years.

Top Impacting Factors

The capability of Bluetooth speakers to stream audio content wirelessly is one of the key factors driving the global demand for such speakers in the current time. With this, Bluetooth speakers are wireless and need minimal space, as compared to home theatres, which is also a reason why consumers are tending towards buying Bluetooth speakers. As Bluetooth speakers run on batteries, these are ideal for outdoor purposes. Other advantages of these speakers include increased durability, hassle-free maintenance, and useful functionalities, and this will spur the growth of the global waterproof Bluetooth speakers market in the period from 2017 to 2023.

The growing popularity of multi-room streaming and waterproof is a trend that is likely to stay and shall enhance the growth of the global waterproof Bluetooth speakers market. The introduction of waterproof networked audio devices has enabled most modern-day speakers to stream audio via Bluetooth. In fact, the mounting demand for having waterproof speakers everywhere has possibilities to drive the growth prospects of the waterproof Bluetooth speakers market in the future.

Vendors from all over the world in the waterproof Bluetooth speakers market are offering waterproof speakers that are well-suited with multiple operating systems such as iOS and Android operating systems. Multiple operating system compatibility capitalizes the sales revenue and expands the product variants globally. Also, supported by technological advancements, consumers can use smartphones and other internet-enabled electronic gadgets to control various utilities without limited by the operating system of the device. The growth of the waterproof speakers market is supported by the factor of compatibility of speakers with multiple operating systems the most that has increased revenue over the forecast period.

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Segmentation of Market: Waterproof Bluetooth Speakers

From the viewpoint of segmental analysis of global waterproof Bluetooth speakers, it has been included segments such as charging technology and application.

The charging technology segment is bifurcated among DC only, AC only, wireless charging, and AC/DC.

The application-based segment comprises educational, retail, offices, institutional, leisure, homes, and others. Smart classes are gradually gaining traction, owing to which demand for such Bluetooth speakers is on the rise in the educational sector. Also, the rise in the number of people with disposable income has a knock-on effect on the sale of Bluetooth speakers in homes and leisure section.

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Waterproof Bluetooth Speakers Market Regional Outlook

The global waterproof Bluetooth speaker market has studied among the regions of Europe, North America, Asia Pacific (APAC), and Rest-of-the-World (RoW).

North America is currently spearheading the market with its sales. The growing number of smart homes in the U.S. and Canada has triggered the sale of Bluetooth speakers. Also, many manufacturers are based out of this region, and people here are open to adopting the latest technologies.

Europe has the second-largest market as the region is well-equipped with well-structured industries and is advanced in terms of technology.

Even, the APAC region is anticipated to record the fastest growth rate. Countries like India and China with an enormous population base with a disposable income can spur the demand for the waterproof Bluetooth speaker during the estimated period.

Top Market Players

The top market players competing in the market are listed as AmazonBasics (U.S.), Skullcandy, Inc. (U.S.), Altec Lansing (U.S.), Ultimate Ears (U.S.), Logitech International SA (Switzerland), Braven (U.S.), JBL (U.S.), Sharkk (New Jersey), Fugoo Sport (U.S.) and Scosche (U.S.).

3D NAND Memory Market Size and Overview

According to a report by Market Research Future the 3D NAND Memory Market Size was valued at USD 25.59 Billion in 2022. The 3D NAND Memory industry is projected to grow from USD 32.19 Billion in 2023 to USD 78.42 Billion by 2030, exhibiting a compound annual growth rate (CAGR) of 15.03% during the forecast period (2023 - 2030). The report attributes the growth to the increasing demand for data storage and the rising adoption of smartphones, tablets, and other mobile devices.

3D NAND memory is a type of flash memory that uses multiple layers of memory cells stacked vertically to increase storage density and reduce cost. The market for 3D NAND memory has been growing rapidly in recent years due to increasing demand for high-capacity storage in smartphones, solid-state drives (SSDs), and other devices.

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In addition to consumer electronics, 3D NAND memory is also used in data centers and other enterprise applications, where it provides high-density, high-performance storage for applications such as virtualization, big data analytics, and artificial intelligence. As these applications continue to grow in importance, the demand for 3D NAND memory is expected to increase even further.

Overall, the 3D NAND memory market is poised for significant growth in the coming years, driven by increasing demand for high-capacity storage and the ongoing development of new applications and use cases.

Key Players

The market is dominated by a few key players, including Samsung, Toshiba, Western Digital, SK Hynix, and Micron Technology. These companies are investing heavily in research and development to improve the performance and reliability of 3D NAND memory, as well as to increase the number of layers in the stacks, which can lead to higher capacity and lower cost per bit.

3D NAND Memory Market Regional analysis

North America: The North American region is one of the largest markets for 3D NAND memory, with the United States being the major contributor to the market growth. The region's increasing demand for high-performance computing and cloud-based services has been a major driver for the growth of the 3D NAND memory market.

Europe: The European region is another significant market for 3D NAND memory, with major countries such as Germany, France, and the United Kingdom contributing to the growth of the market. The region's increasing adoption of advanced technologies such as artificial intelligence, big data analytics, and the internet of things (IoT) has been a significant driver for the market's growth.

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Asia-Pacific: The Asia-Pacific region is one of the fastest-growing markets for 3D NAND memory, with major countries such as China, Japan, South Korea, and India contributing to the growth of the market. The region's increasing demand for smartphones, tablets, and other consumer electronics has been a major driver for the growth of the 3D NAND memory market in this region.

Latin America: The Latin American region is a small market for 3D NAND memory, with Brazil and Mexico being the major contributors to the market growth. The region's increasing adoption of cloud-based services and other advanced technologies has been a significant driver for the growth of the 3D NAND memory market in this region.

Middle East and Africa: The Middle East and Africa region is also a small market for 3D NAND memory, with major countries such as UAE, Saudi Arabia, and South Africa contributing to the market growth. The region's increasing adoption of advanced technologies such as big data analytics and IoT has been a significant driver for the growth of the 3D NAND memory market in this region.

Industrial Controllers Market Segmentation:

The global industrial controllers market is segmented on the basis of type, control, application, and region.

By type, the global industrial controller’s market is segmented into programmable logic controllers (PLC), distributed control systems (DCS), and supervisory control and data acquisition (SCADA).

By control, the global industrial controller’s market is segmented into ON-OFF control, open-loop control, feed-forward control, and closed-loop control.

By application, the global industrial controller’s market is segmented into automotive, manufacturing, oil and gas, energy and utilities, water and wastewater, food processing and beverages, and aerospace and aviation.

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Industrial Controllers Market Regional Analysis:

North America dominates the global industrial controller’s market due to widespread adoption of industrial automation solutions in the region’s manufacturing industry. Asia Pacific is likely to emerge as a major regional market for industrial controllers over the forecast period due to the increasing industrialization in China, India, and other APAC nations.

Industrial Controllers Market Competitive Leaderboard:

Leading players in the global industrial controller’s market include Belden Inc., Emerson Electric Corporation, Rockwell International, Honeywell International, ABB Ltd., Schneider Electric, B&R Industrial Automation GmbH, Red Lion Controls, Omron Corporation, General Electric, Mitsubishi Electric, Siemens AG, Ascon Technologic Srl, and National Instruments.

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Industrial Controllers Market Overview:

The global industrial controllers market is expected to exhibit a strong 11.1% CAGR over the forecast period from 2019 to 2025, according to the latest research report from Market Research Future (MRFR). The global industrial controller’s market was valued at USD 63.21 billion in 2018 and is expected to grow to a valuation of USD 128.98 billion by 2025, according to the report. The global industrial controller’s market is studied in great detail in the latest report from Market Research Future (MRFR), which includes a detailed analysis of the market’s historical growth trajectory and present condition. Major trends operating in the global industrial controller’s market are examined in the report. Based on this information, accurate and reliable projections for the market’s likely growth trajectory over the forecast period till 2022 are presented in the report. Leading drivers and restraints operating on the global industrial controller’s market are examined in the report. The impact of these major drivers and restraints on the global industrial controller’s market is examined in detail in the report. Thus, the major factors enabling the market’s growth are enlisted and profiled in the report. Leading players operating in the global industrial controller’s market are also profiled in the research report. The competitive landscape of the global industrial controller’s market is thus examined in detail in the report. The report also examines the impact of the COVID-19 pandemic on the global industrial controller’s market.

Industrial controller’s are a vital component in industrial automation. They allow industries to remove human interference from industrial operations and control industrial processes by automated means. The growing demand for industrial automation is likely to be a major driver for the industrial controller’s market over the forecast period. Industrial automation allows industrial entities to produce perfect copies of the desired model in the desired timeframe, eliminating human interference and errors and making the industrial production process error-free and efficient. Industrial automation leads to perfect time management, as robotic devices are responsible for the manufacturing processes. This has led to increasing adoption of automation solutions in the industrial sector in recent years. In spite of the high initial costs of installing industrial automation solutions, the long-term benefits of industrial automation are likely to result in widespread adoption of the same over the forecast period, leading to growing demand from the industrial controller’s market.

The growing manufacturing industry in Asia Pacific is likely to be a major driver for the global industrial controller’s market over the forecast period. Countries such as China have become major manufacturing powerhouses in recent years, with industrial growth in the region outstripping established powers such as North America and Europe. Growing industrialization in China and India, along with other ASEAN countries such as Malaysia and Indonesia, is likely to be a major driver for the global industrial controller’s market over the forecast period.

Moisture Analyzer Market Segmentation

For the scope of the study, the global Moisture Analyzer Market has been segmented based on type, application, and technique.

Segmented by type into desktop, handheld, and inline. The mobile segment held the biggest market share in the market for moisture analyzers. The handheld segment was the second largest market in 2018 but it is predicted that the inline segment will register the highest CAGR during the forecast period.

The market was segmented by Application into Plastics and Polymer, Building, Agriculture, Food And Beverage, Fabrics And Textiles, Pharmaceutics, and Others.

Based on the technique, the global market is segmented into Karl Fischer Titration, Loss-on-Dying, Power, Microwave, Near-Infrared, Radio Frequency and Others

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Moisture Analyzer Market Regional Outlook

The moisture analyzer market, based on region, has been segmented into Asia-Pacific, North America, Europe, the Middle East & Africa, and South America.

Throughout the study period North America is projected to lead the market for moisture analyzers followed by Europe. North America is the largest region in the moisture analyser industry in terms of market share. This area was further divided into the United States , Canada and Mexico. The US dominated the market for moisture analyzers followed by Mexico and Canada. Advances in industrial technology and development of the region's food & beverage industry are some of the factors that are responsible for the growth of the demand for moisture analysers. In addition, the presence of industry giants such as Mettler Toledo, General Electric, AMETEK.Inc, and Thermo Fisher Scientific Inc, is one of the driving factors for the growth of the market in this region. T Growth can be attributed to the rapid growth of the pharmaceutical and chemical industries, creating a higher demand for moisture analysers. In addition, growing industrialization to meet the requirement of high-quality manufacturing facilities is another factor responsible for the country's market growth.

From 2018 to 2024, Asia-Pacific is expected to be the fastest-growing region, while Europe is expected to be at second position in terms of market share during the assessment period. Germany is a developing country and a leader in innovation and development, with the involvement of key players in the fields of semiconductors, power electronics, and ICT. In addition, some of the other factors driving market growth in the rest of Europe include increased government inclination to maintain food quality , increased consumer awareness of technology, and increased adoption of next-generation technologies across the chemical and manufacturing industries to support domestic moisture analyzer market vendors. In addition, the expansion prospects for Western Europe's US-based market leaders are also significantly high, further paving the way for the growth of the region's moisture analyzer sector, further paving the way for the moisture analyser sector to expand.

Moisture Analyzer Market Scenario

According to MRFR, the Global Moisture Analyzer Market 2020 is slated to grow at a 3.9% CAGR over the forecast period.

Moisture Analyzer Market Highlights

The global demand for moisture analysers is predicted to see substantial growth over the projected period. During the study period, North America is expected to lead the moisture analyser followed by Europe and Asia-Pacific. The primary factors driving the adoption of moisture analyzers include development in the food & beverage industry, and increased demand from the oil & gas industry for these devices. In addition , the growing automation of adoption in production processes is expected to drive market growth. However, issues concerning the reliability and inaccuracy of moisture analyzers are thar factors that are expected to impede the growth of the demand for moisture analyzers during the evaluation period.

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Moisture Analyzer Market Competitive Dynamics

The major players of global moisture analyzer are  Kett Electric Laboratory (Japan), Michell Instruments Inc. (US), General Electric Co. (US), Mettler-Toledo International, Inc. (US), Spectrasensors, Inc. US), PCE Instruments. (Norway), Ametek, Inc. (US), Sartorius AG (Germany), Metrohm AG. (Switzerland), Arizona Instrument LLC (US), Shimadzu Corp. (Japan), Thermo Fisher Scientific, Inc. (US), A&D Co., Ltd (Japan), Adam Equipment Inc. (UK), and Brookhuis Applied Technologies (Netherlands).

Quantum Sensors Market Scope

Quantum Sensors Market Size was valued at USD 0.19 billion in 2021. The Quantum Sensors market industry is projected to grow from USD 0.20 Billion in 2022 to USD 0.29 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 5.49% during the forecast period (2022 - 2030).

Investments in quantum research by government research organizations for gaining military leverage can bode well for the market. Researchers at Birmingham University are developing quantum gravity sensors which can lessen the time required in construction and mining projects. Enhanced medical imaging and secure navigation are some of the applications that can pave the market’s prospects in the forthcoming years.

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Global Quantum Sensors Market overview

Quantum sensors are technologies with features of credibility and high accuracy for applications in quantum cryptology and quantum cryptography. They are used for measuring gravity, rotation, and acceleration across various frequencies in magnetic and electric fields. The global quantum sensors market report by Market Research Future (MRFR) considers the vast potential of the industry with estimations on its growth for the period of 2018 to 2023 (forecast period). The COVID-19 outbreak and its implications on research have also been explored in the report.

Quantum Sensors Market Segmentation

The global quantum sensors market is segmented on the basis of product and verticals. On the basis of product, the market has been segmented into photosynthetically active radiation (PAR) quantum sensors, atomic clocks, gravity sensors, magnetic sensors, and others. The atomic clocks segment holds the leading position in terms of market value. By the year 2023, it is expected to surpass a market valuation of USD 120 Mn. Atomic clocks are extremely accurate clock device that use electronic transition frequency.  The increasing need for reliable and accurate sensors to improve the existing application and enable new ones is driving atomic clock segment. Moreover, increased used of atomic clock in GPS systems is driving its demand. On the other hand, the PAR quantum sensor segment is expected to exhibit the highest CAGR during the forecast period. The sensor can detect light intensity levels and gauge different stages of photosynthesis.

On the basis of vertical, the market has been segmented into healthcare, military and defense, oil and gas, automotive, agriculture, and others. The military and defense segment is expected to retain its top position till 2023. The segment stood at a market valuation of over USD 50 Mn and is projected to witness above-average growth during the assessment period. The adoption of quantum technology has been expedited in military and defense applications. Quantum sensors find a wide range of applications in the military and defense vertical. Quantum and radar sensors are used for monitoring satellites, vehicles, and surveillance.

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Quantum Sensors Market Regional Analysis

On the basis of region, the market has been segmented into North America, Europe, Asia Pacific (APAC), Latin America, and the Middle East & Africa (MEA).

The Europe quantum sensors market is set to post a strong growth during the forecast period. In 2017, the region accounted for over one-third market share. The decision to bring in quantum clocks and quantum gravity sensors by 2020 can pave the way for key market players. The region’s market value is expected to stand at over USD 100 Mn by the end of the forecast period. North America is likely to retain its second spot over 2023. Applications of material analysis and support of the U.S. government for development of advanced cryogenic sensors can bode well for the market.

APAC is also likely present tremendous growth opportunities to market players during the review period. The market in region is set to witness strongest CAGR till 2023.

Quantum Sensors Market Competitive Outlook

METER Group, Impedans Ltd., Networking (Oscilloquartz), Skye Instruments Ltd., Spectrum Technologies Inc., GWR Instruments Inc., Microchip, Apogee Instrument Inc., Thomas Industrial Network Inc., Technology (Microsemi), AOSense, Radix, ADVA Optical, M-Squared Lasers Limited, Biospherical Instruments Inc., and Adcon Telemetry Gmbh are key players of the global quantum sensors market. Development of advanced products to gain a larger footprint and collaborations, service upgrades, and partnerships are certain strategies being used by players to gain leverage in the competition.