Vision Guided Robots Market – Outlook and Forecast by 2024

Robots fitted with cameras for inspecting and analyzing images and providing more accurate secondary data signals to the controller as compared to robots fitted with other sensory equipment for fulfilling similar requirements are referred to as vision guided robots. The vast benefits of vision guided robots over conventional robots in terms of a relatively higher level of accuracy and precision in operations are leading to the former’s increased adoption across a number of application areas. Technological advances are also leading to reduction in costs and the increased applicability across small- and mid-sized industries. The adoption of vision guided robots is expected to increase at a remarkable pace in the near future.

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This report presents a meticulous study of the global market for vision guided robots and its affiliated industries. It provides a thorough analytical overview of the present growth dynamics of the market and impact of a number of factors influencing the overall development of the market in the near future. The report also sheds light on the key trends observed in the market in the recent past and present years. With the help of tools such as Porter’s Fiver Forces analysis, a comprehensive overview of the competitive landscape of the market in included.

For providing the reader a better understanding of the market, the report offers quantitative and qualitative insights into the present and future growth prospects of the market and its segments across key regional markets. The statistics is supported with the help of a number of graphical representations. The report also profiles some of the leading companies operating in the market along with details regarding their business strategies, latest developments, and revenue generation.

Global Vision Guided Robots Market: Trends and Opportunities

The vast benefits of vision guided robots over conventional robots in terms of more applicability and flexibility of getting adapted across a wide number of application areas are key to the high demand for vision guided robots across the globe. Technological advancements leading to the development of high definition cameras, accurate sensors, and the increasing level of automation across a number of industries are also some factors helping the global vision guided robots market tread along a healthy growth path.

The rapid pace of industrialization across emerging economies in the Asia Pacific region has presented vast growth opportunities to the global robotic industry in the past few years. The increased adoption of robots across production, manufacturing, and transit sectors in the region is expected to remain a key force for the future growth of the global vision guided robots market. Some of the key industries utilizing vision guided robots are pharmaceuticals, semiconductors, automotive, cosmetics, food and beverages, and medical devices.

Global Vision Guided Robots Market: Regional and Competitive Dynamics

From a geographical viewpoint, the report presents an overview of the market for vision guided robots across regions such as North America, Europe, Asia Pacific, and Middle East and Africa. Of these, the market across Asia Pacific is presently the leading market owing to the high demand across a rapidly evolving industrial sector and the presence of some of world’s leading companies undertaking research activities in the area of robotics. The market in North America and Europe follow, both accounting for significant share in the global market owing to the high rate of adoption of automation in the industrial sectors.

Some of the leading vendors operating in the global vision guided robots market are Cognex Corporation, ABB Ltd., MVTec Software GmBH, Teledyne Technologies Internationals, Isra Vision, and Adept Technologies.

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Electronic Nose (E-Nose) Market – The Biggest Trends to Watch out for 2017-2024

An electronic nose (e-nose) is a substitute for the human sense of smells which detects odor and flavor. This device uses electronic sensing for comparison, identification, quantification, and even data storage and recovery. Electronic noses comprise three primary elements: a delivery system, a discovery system, and a calculating system. Presently, industries perform tests with the help of gas chromatographs and human experts to test the flavors and scents of goods during production, as well as to measure their levels of freshness and damage. The e-nose affords a comparatively higher number of benefits. For example, for companies handling large-scale production activities, it is not logistically possible to track the freshness, quality, and cleanliness of each product by means of human sensing. In these cases, the e-nose helps ascertain if the goods meet quality standards. E-noses are cost-effective and cover larger areas.

Usage of e-noses as the first line of defense against hazardous environments for health care and consumer goods is expected to grow during the forecast period. Artificial sensors which identify and test a range of parameters could be incorporated into an analytical apparatus and used to scan the general situation, or particularly to detect the leak of dangerous gases or decayed goods. E-noses are essentially a real-time tool identifying hazardous gases at a lower cost. In the food and beverages industry, they are employed to assess the freshness of goods used as both input and output – an essential step to verify product quality. Due to an increasing demand from this sector, manufacturers are estimated to raise their production capacities. E-noses are also helpful to store previously identified readings which could be used for future reference.

There is a rising incidence of sanitary and phytosanitary measures with respect to import restrictions in developed nations such as the U.S., Canada, and the U.K. Major exporting countries such as India, Bangladesh, China, and Japan take measures to ensure quality product delivery, resulting in a high demand for the e-nose in these countries during the forecast period. A major influence on the market is also the implementation of micro-electro-mechanical sensors (MEMS) in e-noses. However, the bulky size of the device is a major constraint. Developments have been made in MEMS to produce miniaturized versions of e-noses. These sensors have a much greater variety of applications.

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The global e-nose market has only a few vendors and is therefore not very competitive. It is likely to expand at a low but steady rate. Manufacturers have constantly been engaged in R&D to create a low-cost, mass-producible, transportable device. Due to marginal profits, it is difficult for even the existing players to sustain.

End-users of the e-nose include laboratories, food & beverages, crime & security, and the rapidly growing health & security and environmental monitoring segments. With the development of a portable e-nose capable of providing accurate results in an open-air environment, the demand from the crime & security sector is projected to rise as well. The expansion of the food & beverages industry (especially cold and packaged food) plays a role as well. By region, this market is distributed over North America, Europe, Middle East & Africa, and Asia Pacific. North America accounts for a major share in this market, which is also estimated to grow steadily. The market in Asia Pacific holds a significant potential, owing to the development of the production industry.

Key e-nose manufacturers include Alpha MOS in France, E-Nose Pty in Australia, Electronic Sensor Technology in the U.S., The e-Nose Company in the Netherlands, and Odotech in Canada.

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Skimmed Milk Powder Market – Trends and Opportunities for the Industry by 2024

Skimmed milk powder is the resultant of partial fat and water removal from pasteurized milk. The protein content of the milk is adjusted by adding or removing milk constituents in a way that it does not affect the whey protein of the milk. Skimmed milk powder also known as nonfat dry milk is a source of high nutritional value such as high animal protein and carbohydrate content. Skimmed milk powder market witnesses an increasing demand owing to its wide application in the food industry especially in bakery and confectionery food items.  Skimmed milk powder market experiences a significant demand among the working women for feeding their infants who are either intolerant to breastfeeding or mothers who face a time crunch due to their work life. Skimmed milk powder market is also driven by the need for convenient economy transportation. Skimmed milk powder market is expected to witness an increasing demand over the forecast period owing to its nutritional value, convenient usage anywhere and anytime.

Skimmed Milk Powder: Market Dynamics

Skimmed milk powder market is primarily driven by the growing food industry, bakery and confectionery foods in particular. Manufacturers use skimmed milk powder in baking recipes to enhance the tenderness of the food such as doughnuts, cakes and bread. Adding skimmed milk powder to bakery and confectionery products render the firmness thereby making them tender. Another r factor that fuels up the skimmed milk powder market is its increasing demand for feeding infants. Owing to its nutritional value such as vitamins and minerals that are required for an infant’s growth, mothers depend on skimmed milk powder for their babies who are intolerant to breastfeeding. Skimmed milk powder market is in high demand among working women who face difficulty in feeding their babies due to their busy work life. Feeding skimmed milk powder to babies helps prevent disease transfer from mother’s body thereby reducing the chances of the baby being unhealthy. Skimmed milk powder market is set to witness an escalating demand among the global consumers owing to its wide application in the food industry and also as it serves a way out for the problem of increasing number of working women to feed their babies.

However, skimmed milk powder market faces few restraints that can hinder the growth of the market. Restraints such as lack of anti-bodies that are primarily necessary for building up an infant’s immunity system can be a major hindrance to the global skimmed milk powder market. Skimmed milk powder is artificially manufactured which makes it difficult for the baby to digest. Indigestion or untimely digestion can be harmful to the babies which can again restrain the growth of skimmed milk powder market.

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Skimmed Milk Powder: Segmentation

Skimmed milk powder market can be segmented on the basis of types which includes:

• Flavored Non Fat Powder
• Whole Milk Powder
• Butter Milk Powder
• Othersw

Skimmed milk powder market can be segmented on the basis of nutritional value which includes:

• Minerals
  • Calcium
  • Sodium
  • Potassium
  • Iron
  • Phosphorus
  • Magnesium
• Others
  • Amino Acids
  • Isoleucine
  • Leucine
  • Lysine
  • Methionine
  • Phenylalanine
  • Others
• Lactose
• Fat
• Others

Skimmed milk powder market can be segmented on the basis of food application which includes:

• Confectionery
• Bakery
• Nutritional Food
• Infant Formulas
• Dry Mixes
• Fermented Milk Products
• Frozen Desserts
• Meat products
• Others

Skimmed Milk Powder: Regional Segmentation

Geographical coverage for the global skimmed milk powder includes North America, Latin America, Europe, Asia- Pacific and China (APAC) and Middle East and Africa (MEA).  North America followed by Europe are the dominant markets for global skimmed milk powder owing to the changing consumer lifestyles and growing food industry. APAC poses potential opportunities for skimmed milk powder market to grow owing to its changing consumer food patterns.

Skimmed Milk Powder: Key Players

Few players in the global skimmed milk powder market include Nestle, Dairy America, Alpen Dairies, Unilever, Nova Dairy products, Amul and others.

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Europe to Hold Dominant Shares in Global Biodegradable Plastic Bags & Sacks Market

The significant problem of non-recyclable waste caused by the disposal of traditional plastics world over attributed to their detrimental effects on the ecology is a primary factor that has largely triggered the demand for biodegradable plastics. The decomposition of these plastics possible through natural processes during composting, with the help of microorganisms, is a notable aspect leading to a wide acceptance of biodegradable bags and sacks worldwide. A number of environmental benefits associated with biodegradable plastic bags and sacks, mainly because they are made from all-natural plant materials, is boosting the demand for these plastics among various users, including retail and consumer, institutional, and industrial ones. As communities become aware of the adverse effects of pollution from traditional plastics, these plastic bags and sacks will witness a rapid adoption in various parts of the world.

The global biodegradable plastic bags and sacks market is projected to rise from a worth of US$1,470.5 Mn in 2017 to reach a valuation of US$2,052.2 Mn by end of 2022. The market is forecast to rise at a CAGR of 6.9% from 2017 to 2022.

A critical assessment of key factors influencing the growth of the global biodegradable plastic bags and sacks market is offered here:

The burgeoning problem of inadequate degradability of vast traditional plastics lying in landfills in various parts of the world and their consequent effect on environment, especially in high-income countries, are key factors driving the demand for various biodegradable plastic products, such as biodegradable bags and sacks. The rising focus of governments in numerous developed and developed nations on minimizing the effect of plastic pollution on marine life is a notable factor boosting the demand for these bags and sacks. The stringent implementation of various regional norms that prohibits the use of traditional plastics for consumer and institutional uses in these countries is a key trend bolstering the uptake. The rising demand for greener plastic products, coupled with the demand for manufacturing process with low carbon footprint, in various regions is a key factor accentuating the demand for biodegradable plastic bags & sacks.

Recent advancements in manufacturing technologies has led to the production of high-quality and cost-effective biodegradable plastics, which bodes well for the global market. In addition, advances in material sciences has enabled manufacturers to engineer biodegradable bags and sacks for a variety of applications, including rigorous ones and meet global specifications for biodegradability and compostability.

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Despite vast recyclable efforts by governments and private players in various countries, the inadequate disposal of biodegradable plastics in landfills along with other trash is a striking aspect that has hampered the demand for these bags and plastics in some regions. The strict competition from the availability of compostable trash bags is another prominent factor likely to hinder the growth of the market to an extent. Nevertheless, for several end users, the potential benefits of adoption of biodegradable bags and sacks seem to outweigh the drawbacks, which augurs well for the overall market.

Geographically, Europe holds the major revenue share of the global biodegradable plastic bags and sacks market and is anticipated to retain its dominance throughout the forecast period. The Europe market is projected to be worth US$660.8 Mn by the end of 2022. The dominance of this regional market is primarily attributed to the vastly rising demand for environmental-friendly plastic bags and sacks for various end-users. Of all the material type, biodegradable plastic bags and sacks made from polyhydroxyalkanoates (PHA) leads and is estimated to be worth US$788.7 Mn by the end of the assessment period.

Competitive Dynamics

Several prominent players are focused on offering high-quality and versatile products with the help of advanced biodegradable additives in order to gain a competitive edge over others. In addition, a number of players opt for strategic mergers and acquisitions, in a move to consolidate their shares in various regions. Key players operating in the global biodegradable plastic bags and sacks market include Novolex, Shabra Group, Xtex Polythene Ltd., International Plastics Inc., Ampac Holdings LLC, Bulldog Bag Ltd., Abbey Polyethene, Sahachit Watana Plastic Industry Co.,Ltd., Sarah Bio Plast, and Symphony Polymers Pvt Ltd.

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IV Bags Market – Evolving Industry Trends and key Insights by 2027

The global IV bags market is a choc-o-bloc with companies with large companies operating in global markets and the small ones in regional markets. This renders a fragmented albeit competitive vendor landscape. Keen players in the market are expending money on product innovation and improvement of existing products to gain competitive advantage. These companies are also resorting to strategic partnerships and alliances that will make this market consolidated to some extent.

Key participants in the global IV bags market include B.Braun Melsungen AG, Baxter international Inc., Hospira Inc., West Pharmaceutical Services Inc., Wipak Group, Technoflex S.A., Fresenius SE & Co. KGaA, Sippex, Polycine GmbH, Kraton Corporation, The Metrix Company, Medicopack A/S, Macopharma SA, Haemotronic S.p.A, Renolit Solmed, Otsuka Pharmaceutical India Private Limited, Alfa Laboratories, and Qosina Corporation.

 

A report by Transparency Market Research (TMR) estimates the global IV bags market to secure a valuation of US$1,363.8 mn in 2017, and further reach US$2,316.5 mn by 2027 end at a CAGR of 5.4% therein. The global IV bags market was evaluated at US$1,298.5 mn in 2016. Vis-à-vis volume, the consumption is estimated to be pegged at US$6,202.3 mn units by the end of 2027.

Among the key material type segments, PP material is anticipated to hold dominance as it is chemically inert and is non-reactive with a packaged solution. On the basis of capacity, 0-250 ml segment is anticipated to hold on to its dominant share over the forecast period. In terms of geography, North America is estimated to account for the leading market share in the overall market over the forecast period of 2017-2027.

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Need for Parenteral Nutrition for Patients with Swallowing Difficulties Benefits Market

The primary factor driving the global IV bags market is the rising adoption of injection-based therapies and increasing prevalence of chronic diseases. IV bags are extensively used for patients to deliver liquid substances and other nutritious compounds who are unable to ingest anything orally. IV bags are a crucial element of parenteral nutrition where they are highly preferred to administer compounds such as amino acids.

Apart from this, the rising ageing population globally is also contributing to the growth of the global IV bags market. The old age which is usually associated with health conditions impairs the ability to administer drugs and vital nutrients orally. This necessitates efficient drug administration methods such as IV bags to administer the same. IV drugs are preferred over oral drugs as the former generate results in less time and have higher accuracy. IV bags are also used for this population to provide vital nutrients due to loss of ability to consume orally.

Rise in awareness about the benefits of transportation of fluids intravenously for patients is expected to fuel the growth of IV bags market.

Risk of Release of Toxic Crimps Growth

The growth of the IV bags market is marred by the risk of leaching of chemicals from PVC material bags. This induces the risk of delivering toxic chemicals to patients along with content that is stored in IV bags.

However, design innovations and introduction of IV bags made of environment friendly material that does not release toxic is a key trend prevailing in the global IV bags market. Product manufacturers are developing multi-compartment IV bags that minimizes the steps required to administer drugs and also minimizes risks of sepsis, entry of pathogens, and contamination.

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Customized e-Commerce Packaging Market – Evolving Industry Trends and key Insights by 2024

Packaging has become an essential marketing tool nowadays. Visually appealing and highly functional packaging can attract the attention of consumer, and play an important role in buying decisions. The current development in the e-commerce market is cross-border online shopping. Overall, availability of desired products, attractive offers, and specialized products have investigated the cross-border e-commerce market, hence increasing the demand for customized e-commerce packaging. Several emerging economies such as India, Brazil and china are opening their markets to neighboring countries expecting to the increase in foreign goods consumption, which will in turn stimulate the growth forecast for customized e-commerce packaging.

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Increased environmental awareness among customers and growing attention for effective packaging designs have propelled vendors in the market to develop innovative and sustainable packaging products. Taken as a whole, corrugated boxes are considered to be an eco-friendly and sustainable form of packaging compared with other forms of packaging, including plastics. Huge investments are made to develop innovative solutions in corrugated box packaging. Overall, it is expected to come up with resistant quality packaging materials in the coming years keeping prime focus on the environmental protection mechanism.

Based on type of material, customized e-commerce packaging market can be segmented as follows:

• Polybags
• Corrugated boxes
• Others

Polybags are in huge demand in the customized packaging industry as they offer sustainability and convenience. Polybags is the fastest growing segment in the customized e-commerce packaging market and is expected to grow at a robust pace through 2020. Polybags are lightweight, easy to use, and have excellent barrier protection properties.

Based on application, customized e-commerce packaging market can be segmented as follows:

• Personal care
• Food & beverages
• Healthcare
• Chemical
• Electronics
• Transport
• Others

Speedy growth in the electronic sector is expected to upsurge the market growth owing to the safety and protection during the transportation. Furthermore, advancement in technology in the household appliance market is expected to fuel the growth of the market. Moreover, booming e-commerce market is predicted to contribute considerably towards the demand for customized packaging for consumers need. In addition, fragile products for carrying cosmetics and chemicals also require customization which is anticipated to shoot the customized packaging market growth over the next decade. Increasing disposable income, changing lifestyle and rising population is expected to boost the demand for consumer products, hence expected to strengthen the customized packaging industry demand.

By region, the customized e-commerce packaging market can be segmented into five major regions: North America, Europe, Asia Pacific, Latin America and Middle East and Africa. Overall, Asia Pacific (APAC) is expected to be the fastest growing segment during the forecast period. In countries like China, India and Japan, growth comes from an increase in the demand for corrugated boxes. Significant growth in the manufacturing and electronics industry in China will have a great impact on the customized packaging market positively. North America is expected to substantially contribute towards market growth on the grounds of rising demand for electronics products which feel necessity for attractive customization. Furthermore, growing demand for packaged foods and consumer goods is expected to increase the growth. Europe is further anticipated to boost the market growth over the upcoming years with regards to the rising demand for personal care and consumer products. Furthermore, rising health issues is anticipated to contribute towards the rising demand for customized packaging in the healthcare sector. Increase in number of diseases in Latin America and MEA are expected to trigger the pharmaceutical industry, hence to propel customized packaging market demand in the region.

Some of the top players operating in the customized e-commerce packaging market are Salazar Packaging, Inc, Green Packaging Group, Design Packaging, Inc., The Yebo Group, William Ernest & Co, Inc., Creative Presentations, Inc., Packlane, Inc, Packaging Services Industries, Packaging Design Corporation, BEE Packaging,  and others.

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Medical Marijuana Packaging Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2024

Medical marijuana can be defined as the use of cannabis for treatment of certain ailments. It can be utilized for medicinal uses; however, the complete safety and efficacy profiling is till unavailable. Medical marijuana is available in various forms such as flower or concentrates, which is extracted in the form of oils, extracts or edibles. Packaging medical marijuana is a growing business and many companies offer holistic solutions to medical marijuana manufacturers. The key packaging modes available in the market include,

• Jars
• Bags
• Bottles
• Vials
• Wrappers
• Concentrate containers
• Tubes
• Custom packaging
• Bubblers

Medical marijuana packaging market is highly reliant on government regulations, as extraction, sale, and distribution not only varies from country to country, but also across states. Due to ever-evolving regulations on marijuana, the market is prone to fluctuations. The packaging manufacturing companies needs to make sure that the packaging is child-proof, opaque, unattractive, re-sealable, properly labelled, tamper-proof and in accordance with the state laws. The market can be segmented on the basis of product type into,

• Flower packaging
• Concentrate packaging
• Edible packaging

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The global cannabis packaging industry has undergone significant growth and various companies have recently launched recyclable packaging such as metal cans, compostable cellophane bags, and compostable pouches. Product marketing through packaging is a focus area for packaging companies, but meeting local and federal laws is critical for success. The medical marijuana packaging market follows different strategies; for example, companies which are based in USA have an advantage to give custom based products in short time, whereas companies based in Asia Pacific can deliver products at cut-rate prices.

Medical Marijuana Packaging Market: Region-wise Analysis

Region-wise, the medical marijuana market can be segmented into five major regions: North America, Europe, Asia-Pacific, Latin America, and Middle East-Africa (MEA). North America is a leading market for medical marijuana, whereas Europe and Asia-Pacific are expected to witness robust growth. The Asia Pacific medical marijuana packaging market is anticipated to witness steady growth during the forecast period, owing to growing use of marijuana in treating various mental illnesses.

Sensing the opportunity that this rapidly growing market offers, several packaging companies have made a foray into the medical marijuana packaging landscape. Some of the key companies operating in the marijuana packaging market are Cannaline, Inkable Label, Second Nature Agency, The Green Cross collective, Elevate Packaging, Blazin Bottles, Honest Marijuana Co., Elevate Packaging, Great Pacific Packaging, Inc., Brandsy Cannabis Creative, Dixie Elixirs & Edibles, McKernan Packaging Clearing House, Shatter Labels, Shenzhen (HK) Alfinity Technology Co., Ltd., Kush Bottles, CannaPack, High Supply, Marijuana Packaging, and Collective Supply. Currently, a significant percentage of small-scale industries are actively involved in medical marijuana packaging market, considering the overall state of the market and the expected growth.

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