Meticulous Research®, a premier global market research firm, has announced a new report titled, " Augmented Reality Market by Offering (Smart Glasses, Headsets), Type, Application (Training & Learning, Gaming, Promotion & Advertising), End User (Retail & E-commerce, Media & Entertainment, Healthcare, Travel & Tourism), and Geography—Global Forecast to 2031."

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According to the latest findings from Meticulous Research®, the global augmented reality market is projected to grow to $210.1 billion by 2031, with a CAGR of 34.9% from 2024 to 2031. Growth drivers include increased government initiatives supporting AR technology, heightened demand in the retail and e-commerce sectors, and expanding use in healthcare. However, market growth faces challenges due to privacy and security concerns, as well as high hardware costs.

The advent of 5G technology and emerging opportunities within the travel and tourism industries are likely to provide growth avenues. On the other hand, a shortage of skilled professionals remains a major challenge impacting market expansion.

The augmented reality market is segmented based on offering (hardware—head-mounted displays like smart glasses and headsets, head-up displays, platforms, and services), type (marker-based AR and marker-less AR), application (training and learning, quality inspection, tourism, remote assistance, design and modeling, gaming, promotion and advertising, and other applications), and end-use industry (industrial and manufacturing, healthcare, education, retail and e-commerce, media and entertainment, transportation and logistics, automotive, travel and tourism, real estate, sales and marketing, and other sectors). The report also includes competitive analysis and regional market insights.

In 2024, the hardware segment is expected to hold the largest share, over 55% of the global market, due to increased adoption of AR devices in entertainment, rising smartphone sales, and developments in AR smart glasses. Notably, Apple Inc. launched the Apple Vision Pro in June 2023, featuring eye and hand gesture controls, and a virtual keyboard.

This hardware segment is also projected to grow at the highest CAGR during the forecast period.

The market is also divided by type into marker-based and marker-less AR. In 2024, marker-based AR is expected to dominate, driven by smartphone sales and advancements in navigation systems. This segment is forecasted to have the highest growth rate.

In terms of application, the gaming segment is anticipated to lead with over 33% of the market share in 2024, attributed to the growing gaming industry and increased demand for compatible devices. Conversely, the promotion and advertising segment is expected to grow at the highest rate, driven by AR-capable smartphones and digital marketing trends.

For end-use industries, the media and entertainment sector is projected to capture over 25% of the market share in 2024, driven by AR’s growing role in gaming and entertainment. The healthcare sector is expected to grow at the highest rate, fueled by increased use of immersive technologies and government investments.

Geographically, North America is forecasted to hold over 40% of the market share in 2024, thanks to government initiatives, digital infrastructure investments, and the presence of major market players. For example, the Los Angeles Rams launched ARound technology in December 2022 to enhance fan engagement with AR experiences.

Asia-Pacific is projected to exhibit the highest CAGR of over 37.5% during the forecast period, driven by major AR technology users and suppliers in countries like China, South Korea, India, and Japan. In response to regional demand, companies such as Xiaomi have launched new smart glasses, like the Xiaomi Wireless AR Glass, designed for advanced display features and wireless connectivity.

To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/augmented-analytics-market-5991

Key Players:

The key players operating in the global augmented reality market are Google LLC (U.S.), PTC, Inc. (U.S.), Seiko Epson Corporation (Japan), Microsoft Corporation (U.S.), Samsung Electronics Co., Ltd. (South Korea), Apple Inc. (U.S.), NVIDIA Corporation (U.S.), Qualcomm Technologies, Inc. (U.S.), Magic Leap, Inc. (U.S.), Vuzix Corporation (U.S.), Lenovo (China), Sony Corporation (Japan), Meta Platform, Inc. (U.S.), Snap Inc. (U.S.), and MAD Gaze (China).

Key Questions Answered in the Report:

• What are the high-growth market segments in terms of offering, type, application, and end-use industry?
• What is the historical market size for the global augmented reality market?
• What are the market forecasts and estimates for 2024–2031?
• What are the major drivers, restraints, opportunities, challenges, and trends in the global augmented reality market?
• Who are the major players in the global augmented reality market, and what are their market shares?
• What is the competitive landscape like?
• What are the recent developments in the global augmented reality market?
• What are the different strategies adopted by major market players?
• What are the trends and high-growth countries?
• Who are the emerging players in the global augmented reality market, and how do they compete with other players?

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Detailed Market Overview and Leading Companies

The Potato Starch Market is expected to reach $5.6 billion by 2029, growing at a compound annual growth rate (CAGR) of 3.9% from 2022 to 2029. The market is fueled by increasing demand for convenience foods, the expanding use of potato starch in paper manufacturing, and the rising awareness of food allergies, particularly celiac disease. Additionally, the shift towards functional foods is expected to drive market growth. However, the competition from alternative starches may impact market expansion.

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Major Companies in the Potato Starch Market

1. Peepes S.A. (Poland)

Founded in 1960 and headquartered in Łomża, Poland, Peepes S.A. is a prominent player in the potato starch market. The company offers a diverse range of products, including potato starch, maltodextrin, and glucose syrups. Peepes S.A. operates through its Food Ingredients and Renewable Energy segments, with processing facilities in Łomża, Bronisław, and Lublin. The company serves North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

1. Ingredion Incorporated (U.S.)

Ingredion, established in 1906 and headquartered in Chicago, U.S., is a leading global provider of starches and sweeteners. The company operates across multiple segments, including Food, Beverage, Animal Nutrition, Brewing, and Other. Ingredion’s product portfolio includes potato starches, as well as starches derived from tapioca and other sources. The company has a global presence with operations in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

1. Emsland Group (Germany)

Emsland Group, founded in 1928 and based in Emlichheim, Germany, specializes in plant-based ingredients. Its product range includes potato starch, flakes, and granulates used in the food, building materials, and paper industries. The company operates seven manufacturing plants and serves markets in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

1. Cargill, Incorporated (U.S.)

Founded in 1865 and headquartered in Minneapolis, U.S., Cargill operates in the food, agriculture, and industrial sectors. The company’s Food Ingredients & Bio-industrial and Agriculture Supply Chain & Energy segments offer potato-based starches, along with starches from maize, wheat, and tapioca. Cargill’s global operations span 70 countries, serving markets across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

1. AGRANA Beteiligungs-AG (Austria)

AGRANA, founded in 1988 and headquartered in Vienna, Austria, processes agricultural commodities for various industrial applications. The company’s primary segments include Fruit, Starch, and Sugar. AGRANA operates starch production facilities in Austria and Eastern Europe, focusing on technical applications, and maintains a strong global presence with subsidiaries and a broad distribution network.

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1. Novidon B.V. (Netherlands)

Novidon B.V., established in 2004 and headquartered in Nijmegen, Netherlands, focuses on the production of native and modified potato starches. Its products are used in a range of applications, including adhesives and food products. Novidon B.V. is part of the Duynie Group and has a significant global distribution network.

1. HANSELAND Ltd. (Turkey)

Established in 2004 and based in Izmir, Turkey, HANSELAND processes renewable raw materials for use in food and adhesives. The company’s potato starch products cater to the food, adhesives, and paper industries. With affiliations in Malaysia and the Netherlands, HANSELAND has a robust international presence.

1. KMC a.m.b.a. (Denmark)

KMC a.m.b.a., founded in 1933 and headquartered in Brande, Denmark, is a cooperative of Danish starch potato farmers. The company produces potato-based coatings, flakes, and starches for various applications. KMC’s products are distributed in 86 countries, supported by a comprehensive global distribution network.

1. Südstärke GmbH (Germany)

Founded in 1916 and based in Sünching, Germany, Südstärke GmbH specializes in producing potato-based starch and protein. The company processes approximately 600,000 tons of potatoes annually and has a significant presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

1. Roquette Frères (France)

Roquette Frères, established in 1933 and headquartered in Lestrem, France, offers specialty food ingredients and pharmaceutical excipients. The company’s potato starch products are used in bio-industrial applications and fermentation processes. Roquette Frères operates 25 plants and serves markets globally, including North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

To gain more insights into the market with a detailed table of content and figures, click here: https://meticulousblog.org/top-10-companies-in-potato-starch-market/

Key Questions Answered in the Report-

• What is the current value of revenue generated by the global potato starch market?
• At what rate is the global demand for potato starch projected to grow for the next 5-7 years?
• What is the historical market size and growth rate for the potato starch market?
• What are the major factors impacting the growth of this market at global and regional levels? What are the major opportunities for existing players and new entrants in the market?
• What impact does the current COVID-19 pandemic have on the potato starch market?
• Which nature, type, function, and application segments create major traction for the manufacturers in this market?
• What are the key geographical trends in this market? Which regions/countries are likely to offer significant growth opportunities for the manufacturers in this market during the analysis period?
• Who are the major players in the potato starch market? What are their specific product offerings in this market?
• What recent developments have taken place in the potato starch market? What impact have these strategic developments created on the market?

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Meticulous Research®, a globally acclaimed market research organization, has published a detailed report titled " Energy Infrastructure for EV Charging Stations Market By Component (Transformers, Electric Distribution Systems), Number of EVSE, Energy Source (Renewable Energy Sources, Non-renewable Energy Sources), and Geography—Global Forecast to 2029." This report projects that the global energy infrastructure market for EV charging stations will grow at a CAGR of 36% from 2022, potentially reaching a market value of $20 billion by 2029.

The market's expansion is driven by government policies aimed at accelerating the adoption of electric vehicles (EVs) and the corresponding infrastructure, along with a growing need for fast-charging EV solutions. Despite these favorable conditions, the high costs associated with infrastructure equipment may act as a significant impediment to market growth. On the other hand, the increasing adoption of electric mobility in developing countries and the expansion of charging station networks by multinational retail companies are expected to create substantial opportunities for stakeholders. Nevertheless, the market faces challenges related to voltage dips at EV charging stations, which could impede further growth.

The global energy infrastructure for EV charging stations market is segmented by component, the number of Electric Vehicle Supply Equipment (EVSE), energy source, and geography. The report also offers a thorough analysis of industry competitors and evaluates the market at both the country and regional levels.

In terms of components, the market is segmented into transformers, electric distribution systems, heavy-duty cables, metering systems, power converters, energy storage systems, and solar PV panels. The transformers segment is expected to dominate the market in 2022, holding the largest share due to its widespread application in powering EV charging stations and ensuring stable power supply levels. However, the energy storage systems segment is anticipated to experience the highest CAGR during the forecast period, driven by initiatives from Original Equipment Manufacturers (OEMs) and stakeholders to develop advanced energy storage systems (ESS) specifically for EV charging stations.

When categorized by the number of EVSE units, the market is divided into segments of less than 5 units, 5 to 15 units, and more than 15 units. In 2022, the segment with fewer than 5 units is expected to hold the largest market share, driven by increasing investments from retail property owners, managers, and fuel station operators seeking to integrate EV charging facilities into their premises. However, the segment comprising 5 to 15 units is projected to achieve the highest CAGR during the forecast period, supported by government incentives, tax credits, and reimbursements for the commercial installation of EV charging infrastructure.

In terms of energy sources, the market is segmented into renewable and non-renewable energy sources. The non-renewable energy sources segment is expected to dominate the market in 2022, driven by government incentives and subsidies aimed at promoting the purchase of EVs and the development of EV charging infrastructure based on these energy sources. However, the renewable energy sources segment is anticipated to gain momentum in the coming years as global sustainability initiatives intensify.

Geographically , the global energy infrastructure market for EV charging stations is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. The Asia-Pacific region is projected to lead the market in 2022, driven by the increasing demand for EVs in countries such as China and Japan, as well as strong government initiatives focused on reducing greenhouse gas emissions, which are expected to boost EV adoption. Conversely, Europe is expected to register the highest CAGR during the forecast period. The market's growth in Europe will be driven by extensive government efforts to develop a robust EV charging infrastructure across the continent, with leading countries such as France, Germany, the Netherlands, Norway, and the United Kingdom spearheading these efforts.

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Key Players:

The key players operating in the global energy infrastructure for EV charging stations market are ABB Ltd (Europe), Accuenergy Inc. (Canada), Albury Services Ltd (U.K.), Beam Global (U.S.), Bowers Electricals Ltd (U.K.), Electro-Wind Ltd. (England), EREA Energy Engineering BV (Belgium), Hammond Power Solutions Inc. (Canada), Olsun Electrics Corporation (U.S.), MGM Transformer Company (U.S.), Mornsun Guangzhou Science & Technology Co., Ltd (China), Powersmiths International Corp. (Canada), Quadlogic Meters Canada Inc. (Canada), R&S International Holding AG (Switzerland), and Wilson Power Solutions (England).

Key questions answered in the report:

• Which are the high-growth market segments in terms of component, number of EVSE, energy source, and geography?
• What was the historical market for global energy infrastructure for EV charging stations market across the globe?
• What are the market forecasts and estimates for the period 2022–2029?
• What are the major drivers, restraints, opportunities, and trends in the global energy infrastructure for the EV charging stations market?
• Who are the major players and their shares in the global energy infrastructure for the EV charging stations market?
• How is the competitive landscape in the global energy infrastructure for the EV charging stations market?
• What are the recent developments in the global energy infrastructure for the EV charging stations market?
• What are the different strategies adopted by the major players in the global energy infrastructure for the EV charging stations market?
• What are the key geographic trends, and which are the high-growth countries?

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