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Meticulous Research®, a prominent global market research firm, has released its latest report, titled ‘ THERMAL IMAGING MARKET   by Type (Handheld Cameras, Fixed Cameras, Scopes, Modules), Technology (Cooled, Uncooled), Wavelength (SWIR, MWIR, LWIR), Application (Security & Surveillance) - Global Forecast to 2031.’ According to the report,   the thermal imaging market is projected to grow to $7.8 billion by 2031, with a compound annual growth rate (CAGR) of 7.2% from 2024 to 2031.

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This upward trend is driven by several factors, including the increasing demand for surveillance and security systems, along with rising applications in manufacturing and industrial sectors. Moreover, the growing use of thermal imaging in healthcare and the military's expanding budget for surveillance technologies are expected to propel market growth. The popularity of unmanned aerial vehicles (UAVs) equipped with thermal imaging also contributes to this trend. However, competition from alternative imaging technologies, such as radar and visible light cameras, may curb market growth. Additionally, the high cost of thermal imaging devices poses a significant challenge for industry players.

The report provides a comprehensive analysis of the market, segmented by type, technology, wavelength, and application, while also examining industry competitors and regional markets.

  In terms of type , the market is categorized into handheld cameras, fixed cameras, scopes, and modules. By 2024, handheld cameras are expected to account for over 55% of the market share due to their portability and ease of use, particularly in field inspections and emergency operations. However, fixed cameras are projected to experience the highest growth during the forecast period, driven by the need for continuous monitoring of critical infrastructure without manual intervention.

Technologically,   the market is divided into cooled and uncooled thermal imaging systems. Cooled thermal imaging, accounting for 64% of the market in 2024, is favored for its high sensitivity, accuracy, and long-range detection capabilities. Uncooled thermal imaging, however, is anticipated to witness the highest growth rate due to its cost-effectiveness and lower maintenance requirements, making it ideal for applications such as building diagnostics and wildlife monitoring.

The market is also segmented   by wavelength,   with the longwave infrared (LWIR) segment expected to dominate in 2024, capturing over 49% of the market. The widespread use of LWIR cameras in various sectors, including environmental monitoring and advanced driver assistance systems (ADAS), contributes to its large market share. On the other hand, the shortwave infrared (SWIR) segment is poised for the highest growth, owing to its ability to provide enhanced visibility in challenging environments like fog and haze.

Regarding applications , security and surveillance are projected to lead the market, holding over 41% of the market share in 2024, driven by the growing need for enhanced perimeter security and thermal camera integration into smart security systems. The healthcare sector, however, is forecasted to register the highest CAGR, fueled by the rising use of thermal imaging for non-invasive diagnostics, including early disease detection and fever screening.

Geographically , North America is set to dominate the thermal imaging market, with a 36% share in 2024, driven by increasing security concerns and advancements in medical diagnostics. The Asia-Pacific region is expected to grow at the fastest rate, with a CAGR of 8.5%, attributed to the region’s increasing adoption of thermal imaging technologies in various sectors.

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Key Players:

The key players operating in the thermal imaging market are Teledyne FLIR LLC (U.S.) (a subsidiary of Teledyne Technologies Incorporated (U.S.)), Fluke Corporation (U.S.), L3Harris Technologies, Inc. (U.S.), Leonardo S.p.A. (Italy), Axis Communications AB (Sweden), BAE Systems plc (U.K.), RTX Corporation (U.S.), Lockheed Martin Corporation (U.S.), Testo SE & Co. KGaA (Germany), Thales Group (France), Seek Thermal, Inc. (U.S.), Exosens (France), Honeywell International Inc. (U.S.), Trijicon, Inc. (U.S.), Cantronic Systems, Inc. (U.S.), Safran Group (France), Zhejiang Dali Technology Co., Ltd. (China), HT Italia S.r.l. (Italy), Thermoteknix Systems Ltd. (U.K.), and Bullard (U.S.).

Key questions answered in the report-


  • Which are the high-growth market segments based on type, technology, wavelength, application, and geography?
  • What was the historical market for the thermal imaging market?
  • What are the market forecasts and estimates for the period 2024–2031?
  • What are the major drivers, restraints, opportunities, and challenges in the thermal imaging market?
  • Who are the major players, and what shares do they hold in the thermal imaging market?
  • What is the competitive landscape in the thermal imaging market?
  • What are the recent developments in the thermal imaging market?
  • What do the major players adopt the different strategies in the thermal imaging market?
  • What are the key geographic trends, and which are the high-growth countries?
  • Who are the local emerging players in the global thermal imaging market, and how do they compete with the other players?

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The   D-PSICOSE MARKET   is projected to reach $438.1 million by 2029, with a CAGR of 28.6% from 2022 to 2029. Key drivers include the rising popularity of sugar substitutes, growing awareness of diabetes and obesity, and an increased focus on functional food products.

Market trends like clean labels and healthier eating habits are contributing to growth, while regulatory challenges and health concerns may impact the market’s trajectory.

Here are the top 10 companies operating in the  D-psicose Market

Tate & Lyle PLC (U.K.)

Tate & Lyle PLC, founded in 1921 and headquartered in London, U.K., plays a crucial role in the D-psicose market. The company’s Food & Beverage Solutions segment offers a variety of products, including sweeteners and stabilizers. Tate & Lyle’s extensive global network covers more than 140 countries.

As of March 2021, the company had approximately 4,400 employees.

Matsutani Chemical Industry Co., Ltd. (Japan)

Matsutani Chemical Industry Co., Ltd., established in 1937 and located in Hyogo, Japan, is a key developer of starch and sugar products. The company’s allulose product caters to the demand for low-calorie sweeteners. Matsutani’s collaboration with Ingredion extends its market reach into the Americas.

The company operates in North America, Europe, and Asia-Pacific.

Samyang Corporation (South Korea)

Samyang Corporation, founded in 1924 and based in Seoul, South Korea, is a major provider of food ingredients and chemicals. The company’s D-psicose products are used in various industrial applications. Samyang’s extensive distribution network supports its significant market presence.

Baolingbao Biology Co., Ltd. (China)

Baolingbao Biology Co., Ltd., founded in 1997 and based in Shandong, China, specializes in biological sugars and functional products. Its D-psicose offerings are supported by substantial R&D efforts. Baolingbao’s international presence includes North America, Asia-Pacific, and Latin America.

CJ CheilJedang Corp. (South Korea)

CJ CheilJedang Corp., founded in 1953 and headquartered in Seoul, South Korea, operates in the food and bio sectors. The company’s D-psicose products are part of its extensive food ingredient range. CJ CheilJedang’s distribution network spans over 15 countries.

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Shandong Saigao Group Corporation (China)

Shandong Saigao Group Corporation, established in 2005 and based in Shandong Province, China, focuses on functional sugars and dietary fibers. The company’s D-psicose products serve various industries, including food and health. Saigao’s global operations cover North America, Europe, and Asia-Pacific.

Anderson Global Group, LLC (U.S.)

Anderson Global Group, LLC, founded in 1989 and located in California, U.S., is known for its functional food and nutraceutical ingredients. The company offers D-psicose under the AllSWEET brand, available in syrup and powder forms for various applications. Anderson Global operates across multiple global regions.

Archer-Daniels-Midland Company (U.S.)

Archer-Daniels-Midland Company, based in Illinois, U.S., and founded in 1902, provides a range of food and ingredient solutions. The company’s Carbohydrate Solutions segment includes D-psicose, among other products. ADM’s global presence supports its significant industry role.

Shandong Bailong Chuangyuan Bio-tech Co., Ltd. (China)

Shandong Bailong Chuangyuan Bio-tech Co., Ltd., founded in 2005 and based in Shandong, China, focuses on functional sugars, dietary fibers, and prebiotics. Its D-psicose products are available in various forms, catering to industries such as food and health. Bailong Chuangyuan’s international operations include North America, Europe, and Asia-Pacific.

Zhucheng Haotian Pharm Co., Ltd (China)

Zhucheng Haotian Pharm Co., Ltd, founded in 1999 and located in Shandong, China, is known for its plant extract products. The company’s SoPure Stevia product line includes D-psicose, serving the food, beverage, and pharmaceutical industries. Zhucheng Haotian Pharm’s distribution network spans more than 60 countries.

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A recent report from Meticulous Research® titled " Metal Powder Market by Metal Type (Ferrous, Non-Ferrous), Application (Additive Manufacturing, Pressing & Sintering, Others), Source, Production Method, End User (Automotive, Aerospace & Defense, Chemical, Others) & Geography—Forecasts to 2031" reveals that the global metal powder market is set to experience significant growth. The market is projected to reach $10.2 billion by 2031, growing at a CAGR of 6.2% from 2024 to 2031. The report attributes this growth primarily to the rising demand for additive manufacturing (AM) and the increased emphasis on recycling metal waste for metal powder production. However, concerns about the health risks associated with metal powder usage pose a challenge to the market's expansion.

Opportunities for growth arise from the increasing need for lightweight components across various industries and advancements in powder metallurgy techniques. Nevertheless, maintaining the quality and uniformity of metal powders is a significant challenge that could impede progress.

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The report categorizes the metal powder market by metal type, including ferrous and non-ferrous powders . In 2024, the ferrous metal powder segment is expected to dominate, holding over 65.0% of the market share. The broad application of ferrous powders across industries such as automotive, defense, and aerospace is a key factor contributing to this dominance.

 Ferrous powders are also favored for their strength and durability. Additionally, the use of atomized iron powder in industrial applications is on the rise, further supporting this segment’s growth.

Meanwhile, the non-ferrous metal powder segment is predicted to register the highest growth during the forecast period. This is largely driven by the increasing adoption of composite materials in additive manufacturing, the growing use of titanium powders in aerospace and automotive components, and new developments in alloys. Non-ferrous metals are becoming increasingly attractive due to their unique properties that lend themselves well to advanced manufacturing techniques.

In terms of application, the metal powder market is segmented into additive manufacturing, metal injection molding, pressing & sintering, and other technologies . In 2024, pressing & sintering is expected to be the dominant application, largely due to its cost-effectiveness and the ability to produce strong, solid parts with desired geometries. Manufacturing companies are investing in expanding production capacity, as evidenced by SAP PARTS Pvt. Ltd’s new metal powder press installation in India in 2024.

However, the additive manufacturing segment is forecasted to grow the fastest, with a CAGR of 9.0%. This surge is attributed to innovations in new alloy development, the growing use of additive manufacturing for prototyping and lightweight part production, particularly in the aerospace, automotive, and defense industries. Companies are also expanding their metal powder production specifically for additive manufacturing, with notable developments such as Pometon S.p.A.’s new business division, PometonPlus, focusing on metal powders for AM.

The source of metal powder also plays a crucial role in market segmentation . The market is divided into pure/ore metal powder and recycled metal powder . In 2024, recycled metal powder is expected to dominate with a market share exceeding 56.0%. This is driven by a focus on sustainability and the development of efficient recycling systems. Additionally, the recycled metal powder segment is anticipated to experience the highest growth rate, as companies increasingly use scrap materials and discarded parts to produce new powders, particularly for additive manufacturing purposes.

The production method for metal powders is categorized into chemical, mechanical, and physical processes . Mechanical methods, which include grinding and crushing, are expected to dominate in 2024 with over 44.0% market share. These methods are favored for their cost-effectiveness and ability to produce ultrafine powders of high-melting-point metals. The mechanical segment is also forecasted to grow at the fastest rate during the forecast period due to increased use of recycled metal powders and technological advancements.

The metal powder market serves various industries, including automotive, aerospace & defense, heavy machinery, medical devices, and more. Among these, the heavy machinery and tools segment is projected to lead in 2024, accounting for over 33.0% of the market share. This is driven by the versatility and cost-effectiveness of metal powders in manufacturing, particularly in the production of complex parts. Additive manufacturing is becoming more widely adopted in this segment due to its ability to create intricate designs and reduce material waste.

The aerospace & defense sector , however, is expected to register the highest growth rate during the forecast period. Metal powders are increasingly used in the production of aerospace components, particularly for parts that require a high strength-to-weight ratio. Additionally, advancements in alloy development and the growing use of 3D printing for prototyping defense and aerospace components are propelling this segment’s growth.

Geographically, the metal powder market is divided into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa . In 2024, Asia-Pacific is expected to hold the largest market share, exceeding 37.0%. This is largely due to the region's strong manufacturing base, particularly in countries like China, South Korea, and Japan, where industries such as automotive and electronics are flourishing. The growing industrialization in Southeast Asia also plays a role in the region’s dominance.

Moreover, Asia-Pacific is forecasted to have the highest growth rate, with a projected CAGR of 7.5%. Factors such as rapid urbanization, increased adoption of Industry 4.0 technologies, and rising demand from the automotive sector are expected to fuel the market's growth in this region.

In conclusion , the metal powder market is poised for significant growth over the coming years, driven by the rising demand for advanced manufacturing technologies and the increasing emphasis on sustainability. However, challenges such as quality control and health risks must be addressed to ensure sustained growth.

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Key Players:

Some of the key players operating in the metal powder market are Höganäs AB (Sweden), GKN Powder Metallurgy (U.K.), Advanced Technology & Materials Co., Ltd. (China), Sandvik AB (Sweden), AMETEK Inc. (U.S.), Tekna Holding ASA (Canada), BASF SE (Germany), Aubert & Duval (France), Alcoa Corporation (U.S.), ATI Inc. (U.S.), Carpenter Technology Corporation (U.S.), RusAL (Russia), Rio Tinto (U.K.), Kymera International (U.S.), and Praxair S.T. Technology, Inc. (U.S.)

Key questions answered in the report-

  • Which are the high-growth market segments based on metal type, application, source, production, and end user?
  • What was the historical market for metal powder?
  • What are the market forecasts and estimates for the period 2024–2031?
  • What are the major drivers, restraints, and opportunities in the metal powder market?
  • Who are the major players, and what shares do they hold in the metal powder market?
  • What is the competitive landscape like in the metal powder market?
  • What are the recent developments in the metal powder market?
  • What are the different strategies adopted by the major players in the metal powder market?
  • What are the key geographic trends, and which are the high-growth countries?
  • Who are the local emerging players in the metal powder market, and how do they compete with the other players?

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Meticulous Research®, a renowned global market research firm, recently released its latest report titled,   Dental Imaging Market   Size, Share, Forecast, & Trends Analysis By Product (Extraoral [CBCT, Cephalometric, Panoramic], Intraoral [Scanners, X-ray, Sensor, Camera], Software) Application (Implant, Prosthetic, Surgery) Portability – Global Forecast to 2031’ . This detailed report provides in-depth insights into the growing dental imaging industry.

The dental imaging market is forecast to reach $5.12 billion by 2031, experiencing a compound annual growth rate (CAGR) of 4.9% between 2024 and 2031. Several factors are driving this market growth, including the increasing prevalence of oral health issues, a growing geriatric population, and a rising demand for cosmetic dentistry. Additionally, advances in CAD/CAM dentistry and expanding dental tourism markets present significant opportunities for further growth.

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Key Players in the Market

Several major companies are leading the charge in dental imaging, including Midmark Corporation (U.S.), 3Shape A/S (Denmark), and Carestream Dental LLC (U.S.). Other key players include Amann Girrbach AG (Austria), Institut Straumann AG (Switzerland), and Align Technology, Inc. (U.S.). These firms continue to introduce cutting-edge technologies that cater to the evolving needs of the dental industry.

Segmented Market Insights

The dental imaging market is categorized by product type, application, portability, and geography. One of the key product segments includes extraoral imaging systems, such as cone-beam computed tomography (CBCT) and panoramic imaging. By 2024, extraoral imaging systems are expected to capture 44.5% of the market. The high adoption rate of CBCT scanners, which offer enhanced diagnostic capabilities, plays a significant role in this segment’s success.

On the application front, orthodontics is anticipated to see the highest growth, with a CAGR of 6.3% from 2024 to 2031. The increasing popularity of clear aligners and advanced intraoral scanners is contributing to the demand in this segment. The growing focus on dental aesthetics, driven by cosmetic dentistry, further supports this trend.

Emerging Trends and Technological Advancements

Portable dental imaging systems are gaining traction due to their convenience and improved technology. This segment is expected to experience the highest growth, driven by innovations such as 3D dental light scanners. A notable development in this regard was the September 2022 launch of TRIOS 5 Wireless by 3Shape A/S, a portable intraoral scanner that simplifies digital dentistry.

Regional Outlook and Market Leaders

Geographically, North America is projected to hold the largest market share by 2024, led by the United States. The adoption of advanced dental technologies and high rates of dental health awareness contribute to this region’s dominance. The high incidence of dental conditions such as cavities and periodontal diseases in the U.S. further drives the demand for advanced dental imaging solutions.

Overall, this report provides a comprehensive analysis of the dental imaging market’s future outlook, focusing on emerging trends, key players, and potential growth opportunities.

Key Questions Answered in the Report:

  • What is the current value of revenue generated by the sale of dental imaging systems across the globe?
  • At what rate is the demand for dental imaging systems & software projected to grow for the next 5-7 years globally?
  • What is the historical market size and growth rate for dental imaging systems & software across the globe?
  • What are the major factors impacting the growth of this market at the global and regional levels? What are the major opportunities for existing market players and new entrants in the market?
  • Which segments are creating major traction for the vendors in this market in terms of product, application, portability, and end user?
  • What are the key geographical trends in this market? Which regions/countries are expected to offer significant growth opportunities for the vendors operating in the dental imaging market?
  • Who are the major players in the dental imaging market? And what are their specific dental imaging systems & software offered in the industry?
  • What recent developments have taken place in the dental imaging market, and how these strategic developments are creating a global impact in this market?

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Meticulous Research® , a leading global market research firm, has released a comprehensive report titled, " Frozen Ready Meals Market   by Type (Vegetarian Meals, Chicken Meals, and Beef Meals) and Distribution Channel (Food Chain Services, Modern Trade, Convenience Stores, Departmental Stores, and Online Stores)—Global Forecast to 2029."

The frozen ready meals market is projected to reach $130.67 billion by 2029, growing at a CAGR of 5.4% from 2022 to 2029. This robust growth is primarily driven by the increasing consumer preference for convenience foods, the expanding working population, a surge in new product launches, and the rapid expansion of hypermarkets and supermarkets in urban centers.

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Additionally, the digitalization of the retail industry is poised to offer substantial opportunities for market growth. However, challenges such as negative perceptions regarding the health impacts of frozen foods and stringent FDA regulations concerning food freezing pose significant barriers to the market's expansion. Another challenge for market players is the complexity of frozen food warehousing.

The market is segmented based on type, distribution channel, and geography. The study also provides an analysis of key competitors and examines the market at the country level.

Based on type , the frozen ready meals market is divided into vegetarian meals, chicken meals, beef meals, and other meals. In 2022, the vegetarian meals segment is anticipated to hold the largest share of the market. This dominance is attributed to the growing consumer preference for vegan frozen foods. As awareness of the health benefits of vegan cuisine increases, so does the demand for plant-based dairy alternatives and other vegan products. In developed regions like the U.K. and the U.S., the demand for meat alternatives has risen, prompting suppliers to introduce new frozen vegan options such as vegan frozen bowls, fillets, and veggie balls.

On the other hand, the beef meals segment is expected to witness significant growth during the forecast period. The segment's rapid expansion is largely due to the high protein content of beef compared to other meats and the substantial consumption and import of frozen beef in Asian countries and globally.

When it comes to   distribution channels , the market is segmented into modern trade, food chain services, convenience stores, departmental stores, online stores, and other distribution channels. In 2022, the modern trade segment is expected to dominate the market, driven by the increasing number of supermarkets in developing countries like China and India and the growing consumer demand for ready meals in developed nations.

However, the online stores segment is anticipated to experience rapid growth during the forecast period. This growth is primarily driven by the rising consumer preference for convenience, the availability of greater discounts compared to modern trade, and the enhanced product selection experience offered by online platforms.

Geographically , Europe is expected to hold the largest market share in 2022. The significant market share of Europe is due to factors such as changing lifestyles, increased consumption of frozen beef, growing consumer awareness of the benefits of frozen foods, a preference for ready-to-eat meals, and favorable regulations. Furthermore, retail stores and consumer packaged food service providers in Europe are offering value-added frozen ready meals at competitive prices, further propelling market growth in the region during the forecast period.

Key Players:

The key players operating in the frozen ready meals market are General Mills, Inc. (U.S.), Nestlé S.A. (Switzerland), Conagra Brands, Inc. (U.S.), McCain Foods Limited (Canada), The Kraft Heinz Company (U.S.), Tyson Foods, Inc. (U.S.), Wiltshire Farm Foods (U.K.), Daiya Foods Inc. (Canada), Sigma Alimentos, S.A de C.V. (Mexico), Agrarfrost GmbH & Co. KG (Germany), Himalaya Food International Ltd. (India), J.R. Simplot Company (U.S.), Mondelēz International, Inc. (U.S.), Coöperatie Koninklijke Cosun U.A. (Netherlands), and Nomad Foods Limited (U.K.), among others.

Key Questions Answered in the Report-

  • Which are the high-growth market segments in terms of type, distribution channel, and geography?
  • What is the historical market size for frozen ready meals across the globe?
  • What are the market forecasts and estimates for the period 2022–2029?
  • What are the major drivers, restraints, opportunities, and challenges in the frozen ready meals market?
  • Who are the major players in the market, and what are their market shares?
  • Who are the major players in various countries, and what are their market shares?
  • How is the competitive landscape for the frozen ready meals market?
  • What are the recent developments in the frozen ready meals market?
  • What are the different strategies adopted by the major players in the market?
  • What are the key geographic trends, and which are the high-growth countries?
  • Who are the local emerging players in the frozen ready meals market, and how do they compete with other players?

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Market Leaders: Top 10 Bakery Processing Equipment Companies

The Bakery Processing Equipment Market is expected to grow at a CAGR of 6.6% from 2018 to 2024 to reach $19,555.1 million by 2024 from $13,346.6 million in 2018. The factors such as product innovation and healthier products & ingredients are fueling the market growth in these regions. Emerging markets such as Latin America, Middle/East Africa, and Asia also represent a great market potential as western lifestyles and eating habits continue to be adopted in these regions. As a result, the global bakery processing equipment market has experienced consistent growth over the years.

Here are the top 10 companies operating in the  Bakery Processing Equipment Market

  1. GEA Group Aktiengesellschaft

Founded in 1881 and headquartered in Dusseldorf, Germany, GEA Group Aktiengesellschaft is a leader in process technology and components for sophisticated production processes in various end-user markets, including the food industry. The company operates through two main business segments: Business Area Equipment and Business Area Solutions. The former offers bakery equipment such as depositors, dough feeders, rotary molders, sheeters, piston filling injectors, and freezing and cooling systems. The latter provides process solutions for cakes, cookies, pastry fillings, pie production, and pizza production. GEA's global reach includes a strong presence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa through its subsidiaries and partners.


  1. ALI Group S.R.L. A Socio Unico

Established in 1963 and headquartered in Cernusco, Italy, ALI Group S.R.L. A Socio Unico (formerly known as Comenda) is a major player in the food-service equipment manufacturing industry. The company’s bakery segment offers a wide range of equipment, including molders, ovens, proofers, dividers, rounders, mixers, chillers, donut-making systems, and bread lines. ALI Group has a global footprint, with 57 manufacturing plants in 29 countries and 128 offices. Its subsidiaries include Belshaw Adamatic Bakery Group (U.S.), Bertrand Puma (France), Bongard (France), and Mono Equipment (U.K.), among others.


  1. Heat and Control, Inc.

Founded in 1950 and headquartered in San Francisco, U.S., Heat and Control, Inc. specializes in the manufacturing and supply of food equipment systems. The company offers a broad range of bakery processing equipment, including fryer systems, oven systems, searing systems, and seasoning systems. With manufacturing facilities in the U.S., Australia, Mexico, China, and South Africa, and 30 regional sales offices, Heat and Control maintains a strong global presence.


  1. The Middleby Corporation

Founded in 1888 and headquartered in Elgin, U.S., The Middleby Corporation is a global leader in the design, manufacture, marketing, and service of food equipment. With over 50 brands under its umbrella, the company serves industrial processing, commercial restaurants, and institutional kitchens. The food processing equipment group offers solutions for baked goods such as muffins, cookies, and bread, while the commercial equipment segment provides conveyor & convection ovens, fryers, toasters, and more. Middleby operates 31 domestic and 26 international facilities, ensuring a widespread geographic presence.


  1. John Bean Technologies Corporation

Established in 1884 and headquartered in Chicago, U.S., John Bean Technologies Corporation (JBT) is a key player in providing technology solutions to the food processing and air transportation industries. The company operates through two segments: JBT FoodTech and JBT AeroTech. The JBT FoodTech segment offers bakery processing equipment such as ovens, cookers, proofers, and chillers. JBT's production facilities span the U.S., Brazil, Belgium, Germany, Italy, Sweden, the Netherlands, the U.K., South Africa, and China, supported by sales and service offices in over 25 countries.

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  1. Baker Perkins Ltd.

Founded in 1920 and headquartered in Peterborough, U.K., Baker Perkins Ltd. is renowned for designing, manufacturing, and selling processing machines to the bakery and confectionery industries. The company's offerings include mixers, dividers, rounders, proofers, molders, and dough resting systems. Baker Perkins has a strong global presence, with its subsidiary Baker Perkins Inc. in the U.S. and an extensive distributor network.


  1. Rheon Automatic Machinery Co. Ltd.

Established in 1963 and headquartered in Nozawa-machi, Japan, Rheon Automatic Machinery Co. Ltd. is a leading manufacturer of bakery processing machines. The company provides equipment for the production of bread, croissants, pastries, and pizzas. With subsidiaries and a sales and service network in over 30 countries, Rheon has a strong presence in North America, Latin America, Europe, Asia, and the Middle East & Africa.


  1. Sinmag Equipment Corporation

Founded in 1983 and headquartered in Taipei City, Taiwan, Sinmag Equipment Corporation is engaged in the manufacturing, research and development, sales, and after-service of bakery and kitchen equipment. The company offers a wide range of bakery processing equipment, including mixers, rounders, molders, sheeters, proofers, ovens, slicers, and refrigerators. Sinmag's global reach includes manufacturing facilities in the U.S., Taiwan, China, Malaysia, and Thailand, as well as a distribution network in more than 27 countries.


  1. Markel Ventures Inc.

Founded in 2005 and headquartered in Glen Allen, U.S., Markel Ventures Inc. is a wholly owned subsidiary of Markel Corporation. The company offers bakery processing equipment through its Markel Food Group, which includes AMF Bakery Systems, Reading Bakery Systems, The Tromp Group, and Solbern. Markel Ventures has a global footprint with four manufacturing facilities in the U.S. and the Netherlands.


  1. Koenig Maschinen GmbH

Founded in 1966 and headquartered in Graz, Austria, Koenig Maschinen GmbH specializes in the manufacturing and sale of bakery processing equipment for artisanal and industrial bakers. The company offers a comprehensive range of equipment, including mixers, dividers, rounders, proofers, ovens, and automated production lines. Koenig's sales companies are located in Germany, the U.S., the Netherlands, Russia, and Hungary, and the company serves customers worldwide through its extensive sales and service partner network.

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The Electronic Lab Notebook (ELN) Market is projected to achieve a growth rate of 7.1% annually, reaching $787.7 million by 2029 . The transition from traditional paper notebooks to ELNs is driven by their enhanced capabilities in data recording, sharing, and security. The increasing complexity of laboratory procedures necessitates more efficient documentation solutions, boosting laboratory automation. Key factors propelling the ELN market include increased R&D investments, technological advancements, and the need to meet stringent regulatory requirements. Moreover, the growing adoption of cloud-based platforms and the drive to reduce costs, enhance workflow efficiency, and gain valuable business insights are further encouraging the use of ELNs.

Here are the top 10 companies operating in the  Electronic Lab Notebook (ELN) Market

PerkinElmer, Inc. (U.S.)

Established in 1947 and headquartered in Waltham, Massachusetts, PerkinElmer, Inc. provides a range of products and services for diagnostics, food, environmental, industrial, and life sciences markets. The company operates through its discovery & analytical solutions and diagnostics segments, with a global reach in over 150 countries through direct and distributor channels.

Dassault Systemes SE (France)

Dassault Systemes SE, founded in 1981 and based in Velizy-Villacoublay, France, is renowned for its 3D design, digital mock-up, and product lifecycle management (PLM) software. The company offers comprehensive end-to-end solutions to support innovation and maintains a presence in Europe, the Americas, and Asia, with offices in France, Japan, and the U.S.

Waters Corporation (U.S.)

Waters Corporation, founded in 1958 and headquartered in Milford, Massachusetts, specializes in analytical science solutions that support discovery, performance, and regulatory compliance. The company operates through its Waters and TA segments and serves a global market including the U.S., Europe, Asia-Pacific, and the Middle East & Africa.

ID Business Solutions (IDBS) Ltd. (U.K.)

ID Business Solutions (IDBS) Ltd., established in 1989 and located in Surrey, U.K., provides advanced software for the secure management and sharing of research data. After its acquisition by Danaher in 2017, IDBS became part of Danaher’s Life Sciences platform. The company operates in various countries, including Germany, France, the U.K., Japan, and the U.S.

Abbott Laboratories (U.S.)

Founded in 1900 and headquartered in Chicago, Illinois, Abbott Laboratories is a major player in the global healthcare market. The company operates through four segments: established pharmaceuticals, diagnostics, nutritional products, and cardiovascular and neuromodulation. Abbott’s operations extend across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

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Agilent Technologies, Inc. (U.S.)

Agilent Technologies, Inc., founded in 1999 and based in Santa Clara, California, provides a range of instruments, consumables, services, and solutions for life sciences, diagnostics, and chemical markets. The company operates through three segments: life sciences & applied markets, Agilent CrossLab, and diagnostics & genomics. Agilent has a global presence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

Thermo Fisher Scientific Inc. (U.S.)

Thermo Fisher Scientific Inc., formed in 2006 by merging Thermo Electron and Fisher Scientific, is headquartered in Waltham, Massachusetts. The company offers a wide range of analytical instruments, reagents, consumables, and software through its brands, including Thermo Scientific and Applied Biosystems. Thermo Fisher operates across four segments: life sciences solutions, analytical instruments, laboratory products & services, and specialty services. The company has a global footprint, including North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

Bio-ITech BV (the Netherlands)

Bio-ITech BV, located in the Netherlands, focuses on providing software solutions for managing laboratory information, including web-based electronic laboratory notebooks (ELNs) that ensure compliance with GLP standards. The company operates in North America and Europe.

KineMatik Inc. (U.S.)

KineMatik Inc., established in 1999 and based in Illinois, U.S., develops laboratory informatics software designed to improve efficiency and facilitate knowledge sharing. As an OpenText technology partner, KineMatik offers solutions for the OpenText Content Suite/xECM. The company’s ELN solutions support data capture, global collaboration, and regulatory compliance.

LabWare, Inc. (U.S.)

LabWare, Inc., founded in 1987 and headquartered in Wilmington, Delaware, is a leading provider of integrated laboratory informatics solutions. The company’s Enterprise Laboratory Platform includes LabWare LIMS and LabWare ELN. LabWare’s global operations span North America, Europe, the Middle East, Asia-Pacific, Africa, and Latin America, with regional offices in the U.K., Australia, Brazil, and South Africa.

Popular Mentions:

  • Arxspan, LLC (U.S.)
  • Benchling, Inc. (U.S.)
  • Lab-Ally, LLC (U.S.)
  • Labfolder GmbH (Germany)
  • Labii Inc. (U.S.)
  • LabArchives, LLC (U.S.)
  • LabLynx, Inc. (U.S.)
  • LABTrack, LLC (U.S.)
  • LabVantage Solutions, Inc. (U.S.)
  • Mestrelab Research, S.L. (Spain)
  • RURO, Inc. (U.S.)
  • SciNote, LLC (U.S.)
  • SEQOME Limited (Ireland).

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"North America EV Battery Market Estimated Growth: $73.70 Billion by 2031"

In its latest report titled " North America EV Battery Market by Type (Li-ion, Ni-MH, SLA, Ultracapacitor, Solid-state Batteries), Capacity (<50 kWh, 51-100 kWh, 101-300 kWh, >300 kWh), Bonding Type (Wire, Laser), Form, Application, End User, and Country - Forecast to 2031," Meticulous Research® predicts the North America EV battery market will reach $73.70 billion by 2031, growing at a robust CAGR of 34.4% from 2024 to 2031.

The report attributes this growth to the increasing investments by key automotive OEMs in local battery manufacturing, the rising adoption of electric vehicles, and the declining costs of batteries.

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The report also identifies growth opportunities in alternative battery technologies, which could create new prospects for industry players. However, the market faces challenges, including the high import costs of raw materials and the relatively low energy density of current batteries, which may limit growth.

According to the report, lithium-ion batteries are expected to dominate the market, holding over 87.0% of the share in 2024. This dominance is due to their higher energy density, durability, and lightweight nature, making them ideal for electric vehicles. The lithium-ion battery segment is also forecasted to achieve the highest CAGR during the forecast period, driven by OEMs' efforts to advance lithium-ion battery technology and secure a consistent supply chain.

In terms of capacity, the market is segmented into several categories, with the 51 kWh to 100 kWh range expected to capture the largest share of over 91.0% in 2024. This is driven by the efforts of automotive OEMs to introduce long-range electric vehicles and government initiatives aimed at eliminating internal combustion engines by 2030. The 101 kWh to 300 kWh segment is projected to grow at the fastest pace, driven by global initiatives to electrify fleets and the increasing use of EVs in logistics and e-commerce.

The report further categorizes the market by bonding type, with wire bonding anticipated to hold the largest share of over 79.0% in 2024. This is due to its high reliability, lower production costs, and ease of maintenance. However, the laser bonding segment is expected to experience the highest growth, thanks to its precision, speed, and efficiency in battery pack assembly.

Regarding form, the pouch segment is predicted to lead the market with a share exceeding 41.0% in 2024, driven by its higher energy density and improved safety features. The segment is also expected to register the highest CAGR, with automotive and battery OEMs increasingly adopting pouch cells for their superior performance.

The report also examines the market based on application, with the electric cars segment expected to dominate with a share of over 90.0% in 2024. This growth is supported by environmental concerns, government initiatives to encourage sustainable transportation, and the automotive industry's move towards eco-friendly vehicles. However, the light commercial vehicles segment is projected to grow at the fastest rate, driven by fleet operators' shift to EVs and the expansion of EV manufacturers' commercial vehicle offerings.

In terms of geography, the U.S. is projected to lead the North American EV battery market with a share exceeding 98.0% in 2024. This dominance is driven by significant investments in EV battery R&D and government initiatives to develop EV infrastructure. The U.S. is also expected to register the highest CAGR of over 31.0%, supported by government incentives and the competitive landscape of new EV model launches.

Key Players:

Some of the key players operating in the North America EV battery market are NOHMs Technologies, Inc. (U.S.), QuantumScape Corporation (U.S.), American Battery Solutions, Inc. (U.S.), Clarios (U.S.), Romeo Power, Inc. (U.S.), and Electrovaya Inc. (Canada).

Key questions answered in the report-

  • Which are the high-growth market segments based on type, capacity, form, application bonding type, and end user?
  • What was the historical market for EV batteries in North America?
  • What are the market forecasts and estimates for the period 2024–2031?
  • What are the major drivers, restraints, and opportunities in the North America EV battery market?
  • Who are the major players, and what shares do they hold in the North America EV battery market?
  • What is the competitive landscape like in the North America EV battery market?
  • What are the recent developments in the North America EV battery market?
  • What are the different strategies adopted by the major players in the North America EV battery market?
  • What are the key geographic trends, and which are the high-growth countries?
  • Who are the local emerging players in the North America EV battery market, and how do they compete with the other players?

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