LiDAR Drone Market: The Next Big Thing For Surveying

Governments and research institutions around the world are encouraging the adoption of LiDAR drones. This reflects positively on the year-on-year sales reported by the global LiDAR market. LiDAR drones are mainly used for enhancing automation and reducing dependence on human efforts. Some of the most common applications of LiDAR drone include archaeology, mapping, precision farming, entertainment, and construction.

Based on product type, the global LiDAR drone market can be bifurcated into fixed wing and rotary wing. Of these, the rotary wing LiDAR segment is expected to report the highest CAGR between 2016 and 2023. The robust demand that the segment has been witnessing is attributed to the compact size and cheaper price of rotary wing LiDAR as compared to fixed wing LiDAR. Additionally, the design of rotary wing LiDAR enables easy access to confined specs such as bridges and pipeline, due to which it is preferred for monitoring and inspection applications. A rotary wing LiDAR can fly both horizontally and vertically. It can also hover in a fixed position, which makes it best suited for high resolution video capturing and aerial photography.

The report provides a comprehensive analysis of the various factors that will have a positive impact on the global LiDAR market. An overview of major restraints threatening the market’s growth is also included in the report. To present insights into the prevailing vendor landscape, the report also includes the profiles of the leading companies operating in the market.

Global LiDAR Drone Market: Key Opportunities and Threats

The global LiDAR market is also significantly gaining from the rising demand for laser scanners. These scanners exhibit high wavelength and are used for making clear 3D models for surveyed areas. Based on application, the corridor mapping segment has emerged dominant in the market due to rapid urbanization and increasing construction of highways, roadways, and railways.

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Despite witnessing positive growth opportunities worldwide, the lack of skilled pilots is hampering the global LiDAR market to an extent. Unlike pilots for conventional aircrafts, drone pilots are required to ensure reliability of the entire system, which includes ground station, vehicle, and communication equipment. While drones do not carry passengers or on-board pilots, any human error while operating a drone could still prove disastrous.

Drone systems mainly rely more on autopilot, radio transmission, and computer technology than conventional airplanes. Hence, operating and maneuvering drones require a greater degree of knowledge and expertise because the accident rate in drones is much higher than in manned aircrafts. However, this issue can be resolved by designing advanced drones.

Global LiDAR Drone Market: Regional Outlook

Regionally, the Asia Pacific market has been exhibiting attractive prospects for vendors operating in the global LiDAR drone market. Increasing awareness of customers regarding the benefits offered by LiDAR drones such as low cost, high accuracy, and government support are key factors fuelling demand for LiDAR drones in Asia Pacific. The regional market is also benefitted by the increasing adoption of LiDAR drones in countries such as India, Japan, and China.

Global LiDAR Drone Market: Competitive Insight

To study the prevailing vendor landscape in the market, the report has profiled companies such as Phoenix Aerial Systems, Velodyne LiDAR, Inc., Leica Geosystems AG, and others. Among these companies, Velodyne LiDAR holds a major share in the market and has played a significant role in promoting LiDAR drones worldwide. The report presents an in-depth analysis of the strategies adopted by these companies. Their strengths and weaknesses are studied and insights are presented

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Cash and Coin Deposit Bags Market: Detailed Segment-wise Analysis and Insights

The global cash and coin deposit bags market is likely to grow at over 4% CAGR and reach a value of nearly US$ 445 Mn by the end of 2022, according to a new research report by Transparency Market Research. The report analyses the global cash and coin deposit bags market for the forecast period 2017-2022 and offers detailed segment-wise analysis on the basis of material type, end use, and key regions.

The leading players profiled in the report include Truseal (Pty) Ltd, KOROZO Ambalaj San. Ve Tic. A.S, Packaging Horizons Corp, NELMAR Security Packaging Systems Inc., Dynaflex Private Limited, Coveris Holdings S.A., ProAmpac LLC, Illinois Tool Works Inc, Initial Packaging Solutions Ltd., and A. Rifkin Co. A number of players are focusing on increasing their market presence through expansion and increased spending on R&D.

According to the report, demand for cash and coin deposit bags is likely to remain steady on account of demand for secure and safe transactions from financial institutions. The report opines that use of cash and coin deposit bags in financial institutions of Europe is likely to create numerous growth opportunities for manufacturers during the forecast period. To boost their adoption in end-use segments, manufacturers are focusing on incorporating advanced features in their offerings – many latest cash and coin deposit bags are equipped with tamper-proof films and warning indicators, offering users a higher degree of security.

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Although the global cash and coin deposit bags market is projected to grow at a moderate rate, increasing preference for cashless transactions can impede sales during the forecast period. Many developing economies are focusing on reducing the currency in circulation, and moving towards cashless systems, owing to which demand for cash and coin deposit bags has witnessed a decline. These factors are likely to pull back the growth of the market during the forecast period.

Detailed Segment-wise Analysis and Insights

The report has segmented the market on the basis of material type into plastic, paper, and fabric. On the basis of product type, the market has been segmented into opaque and clear. By end-use, the key market segments include financial institutions, hospitals, casinos, hotels, retail chains, government organizations, courier services, and academic institutions. The key regions covered in the report include North America, Europe, Latin America, Asia Pacific excluding Japan (APEJ), and Japan.

According to the report, demand for opaque cash and coin deposit bags is significantly higher than clear variants. The former accounts for nearly 80% revenue share of the global market, and the trend is likely to remain unchanged during the forecast period. By material type, plastic remains one of the preferred material type, accounting for a significant revenue share of the market. Financial institutions are among the leading end-users of cash and coin deposit bags globally. Region-wise, Europe accounts for the highest revenue share and continue to be one of the leading markets for cash and coin deposit bags globally. Asia Pacific excluding Japan (APEJ) is also expected to offer numerous growth opportunities to market players owing to increasing emphasis on high volume sales of cash and coin bags at affordable pricing.

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Neotame Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2024

Neotame is a form of artificial sweetener, very similar to aspartame, used by food manufacturers in place of sucrose or high fructose corn syrup. Neotame is considered to be seven to thirteen thousand times sweeter than sucrose, and offer benefits such as high metabolism and low accumulation in human body. Neotame was introduced by NutraSweet (a former division of Monsanto), in early 2002 and got approved by the U.S. Food and Drug Administration (FDA) as an artificial sweetener and flavor enhancer. It is high intensity sweetener and the only artificial sweetener which is approved by the U.S. Food and Drug Administration (FDA) as safe for human consumption. It comes in white powdered form and offers flexibility to manufacturers while manufacturing food and bakery products also provides an opportunity to develop an entire new ranges of products that are capable of meeting increasing demands of consumers. 

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Global Neotame Market: Segmentation

Global neotame market is at growth stage as the demand for food additives is growing with rapid pace and manufacturers are using neotame as it lowers the cost of production by cutting down the quantity needed to achieve desired sweetening. The neotame market can be segmented on the basis of application and regions. Neotame market, on the basis of application can be segmented into food & beverages industry, pharmaceutical industry, cosmetics industry and agriculture/animal feed industry. Among all other applications neotame is widely used in food and beverages. Application in food and beverages can be further sub-segmented into beverages, confectionery, bakery and other food products (such as candies, chewing gums etc.). Food and beverages application dominates the global neotame market in terms of value and volume. Other applications such as cosmetics and pharmaceuticals are growing at a steady rate in terms of volume consumption.   Food and beverage manufacturers are increasingly using neotame for manufacturing variety of products, due to its low cost and high efficiency, clubbed with food authorities’ approval, resulting in surge in demand for neotame.

Global Neotame Market: Regional Outlook

Geographically neotame market is moderately fragmented with number of large player controlling the global market, and increasing number of domestic players entering the market place. Global neotame market can be segmented by regions under North America, Europe, Latin America, Asia Pacific and Middle East and Africa. The major market which leads the consumption of neotame are Europe and North America, project a healthy growth rate, followed by regions like Asia Pacific. Europe food authorities recently approved neotame for food and beverage usage, resulting in high demand from the countries like Germany and U.K. China is the dominant country in Asia-pacific market in terms of production. The regions like North America and European countries are expected to show increasing demand for neotame during the forecast period.

Global Neotame Market: Drivers

Neotame market is driven by the increasing preference for food additives and flavor enhancers. Due to neotame’s properties such as ability to get rapidly metabolized and get completely eliminated from the body, is driving the demand for neotame from food manufacturers across the world. Neotame cost effectiveness also resulting in increasing preference for its usage in different cosmetics and pharmaceuticals products. Increasing number of approval from food agencies and authorities in different countries is also a major factor which is expected to drive the growth of neotame market. Neotame is also approved as food additive in Australia and New Zealand.

Global Neotame Market: Key Players

Neotame market is widely spread and has major players producing neotame and also small regional players. Major companies which dominates the market are Foodchem International Corporation, Fooding Group Limited, Sweetner Holdings, Inc., Prinova Group LLC, JJD Enterprises, H & A Canada Inc., Shaoxing Marina Biotechnology Co.,Ltd., Sweetener India., A & Z Food Additives Co., Ltd., and  Jk sucralose Inc. among others.

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Industrial Thermoform Packaging Material Market – A cutting-edge technology,industry survey and new business opportunities 2027

Industrial thermoform packaging materials are produced through thermoforming technique. There are three sorts of Industrial Thermoform Packaging Material forms in particular; vacuum, mechanical, and pressure. In thermoforming process, the plastic sheet is heat treated to a forming temperature and sent to the mold with a specified shape. With advancement in plastic supplies and manufacturing process, the requirement for Industrial Thermoform Packaging Material has expanded.

Market Overview:

Thermoplastic Industrial Packaging is strong and lightweight, and heavy gauge can store products 100 times of its own weight. The benefits of industrial thermoform packaging materials are these are light weight, solid, savvy, recyclable which make them environment-friendly, and provide stiff support, which is preferred by several brand owners which in turn has fuelled up the product sales.

Market Dynamics:

Industrial Thermoform Packaging Material Market size is expected to witness substantial progress owing to rising demand for packaging material in the F&B industry. Fluctuating preference toward the product, over wood and glass owing to moist free, odor free, light, and flexible properties will boost the Thermoplastic Industrial Packaging market demand. The components are quite versatile and cost effective which can be used in numerous industries like food & beverage, pharmaceutical, electronics and others.

Improving living standards and changing lifestyle is expected to boost demand for Industrial Thermoform Packaging Material. These are factors which are anticipated to propel the industrial thermoform packaging material market during the forecast period.

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Market Segment:

On the basis of type, Industrial Thermoform Packaging Material market is segmented into, clamshell, blister skin and windowed. Among types, blister packing has the maximum market share due to huge application in pharmaceutical industry as it prevents the product contamination and exposure from the external environment. Moreover, increasing demand for the product in F&B industry for packing certain products will rise the industry Industrial Thermoform Packaging Material market growth.

Based on heat seal coating, Industrial Thermoform Packaging Material market is segmented into water based, heat seal coating, solvent based, and hot-melt based. Among heat seal coating, solvent based heat seal coating will increase significant share in the industrial thermoform packaging material market due to strong bond strength and resistance to water and grease and can be processed at various temperatures.

 On the basis of raw material, Industrial Thermoform Packaging Material market is classified into aluminum, plastic, paper, and paperboard. The plastic segment will hold a major market share in the Industrial Thermoform Packaging Material market. PP (Polypropylene), PC (Polycarbonate), HDPE (High-Density Polyethylene), ABS (Acrylonitrile Butadiene Styrene), Acrylic PMMA (Polymethyl Methacrylate), PVC (Polyvinly Chloride), PS (Polystyrene), TPO (Thermoplastic Polyolefin), PET (Polyethylene Terephthalate) are commonly used plastics. Among raw material, PET covers the major market share in overall Industrial Thermoform Packaging Material market due to their wide application in bottles manufacturing.

On the basis of end use, industrial thermoform packaging material market is segmented into food & beverage, home & personal care, pharmaceuticals, electronics, and components packaging. Among end use segment, food & beverage segment has the significant market share as the product is extensively used in food service, dairy, confectionary, packaging meat etc. Pharmaceutical has emerged as one of the fastest growing industrial thermoform packaging material market segment due to the requirement of prevention of medicines from contamination.

On the basis of geographical regions, the Industrial Thermoform Packaging Material market is segmented into seven different regions: North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific region, Japan, and the Middle East and Africa. North America will dominate the industrial thermoform packaging material market in terms of value and volume due to the presence of big brands and increasing consumption of packaged products followed by Europe. Germany and U.K. are the major countries which will witness substantial growth rate due to growing demand in food & beverage and pharmaceutical industry. Asia Pacific region also expects significant growth due to the rising in the manufacturing industry and large consumer base over the forecast period.

Key Market Players:

Key players in the industrial thermoform packaging material market are Placon, Blemis Company, Display Pack, E.I. Du Pont Nemours, Amcor, Sonoco Products, Westrock Company, D Smith, Allied Plastics Inc and Pactiv.

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Card Edge Connectors Market: A cutting-edge technology,industry survey and new business opportunities 2024

The card edge connectors is a series of metal tracks ending on the surface of a card, at the edge and it is plugged into a edge connector which primarily helps in data transmission The market has been segmented into by type which includes 2.54 mm pitch card edge socket, 3.96 mm pitch card edge socket, 4 mm pitch card edge socket among others. The market is also segmented into by application which includes measurement devices, communications equipment, control equipment, exchangers, measurement equipment, medical equipment, gaming machines among others. The market for card edge connectors, by geography is segmented into North America, Asia Pacific, Europe, Middle East and Africa and South America.

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The market for card edge connectors is segmented into 2.54 mm pitch card edge socket, 3.96 mm pitch card edge socket, 4 mm pitch card edge socket among others. The 2.54 mm pitch card edge socket is developed primarily for AT bus standard (ISA bus). Furthermore, the connector has 98 contacts and spacing of 2.54 mm. Right angle dip and straight dip are generally available for printed circuit board mounting. Major application area includes measure equipment, control equipment, measure devices and communication equipment among others.  Prime features of the 3.96 mm pitch card edge socket include tuning fork contact where spacing is 3.96 mm primarily for printed circuit board. Moreover, major features of 4 mm pitch card edge socket include single side edge and high performance connector primarily for printed circuit board. This type of card edge connector is suitable for different application areas which include residential and industrial applications for instance, fax machines, VTR, ECR, and audio equipment.

The major application fields of card edge connectors market include measurement devices, control equipment, communication devices, medical devices, Gaming machines and exchangers among others. Growing demand for control equipment and measurement equipment in different industrial set ups are one of the prime reasons behind the rising demand for card edge connectors market. Furthermore, increasing demand for gaming devices and other high end medical devices is also contributing in the growth of this market across different regions globally. Integrity and reliability issues in designs of card edge connectors is one of the restraints may inhibit the market growth. The growing application of card edge connectors in LED lighting is boosting the market. With the growing research and development activities in this field is opening new opportunities for card edge connectors across research lab equipment. The growing advancement in the field of communication equipment and measurement devices is boosting the market for card edge connectors worldwide.

North America and Europe is dominating the card edge connectors market globally. Rising demand for advance technology in the developing nations such as Asia Pacific is fueling the demand for the card edge connectors market.  The U.S., Canada, U.K., Germany, France, Italy, China, Taiwan, Japan, South Korea, Brazil, Argentina and India are expected to witness positive growth over the forecast period from 2016 to 2024. Increasing advancement and demand for high end technology in the field of measurement equipment, control equipment, measurement devices and communication equipment is driving the market for card edge connectors market.

Research and development along with merger and acquisitions and partnership alliances are some of the major business strategies adopted by the companies operating in this industry in order to strengthen its foothold globally. New product development is another prime business strategy for better market penetration. Molex Incorporated (The U.S.), TE Connectivity Ltd (Switzerland), Amphenol Corporation (The U.S.), Cinch Connectivity Solutions (The U.S.), The 3M Company (The U.S.), HARTING Technology Group (Germany), Hirose Electric Co., Ltd. (Japan), Vishay Intertechnology, Inc. (The U.S.), AVX Corporation (The U.S.), Kycon, Inc. (The U.S.), Yamaichi Electronics Co., Ltd. (Japan), CW Industries(The U.S.), Eaton Corporation Plc (Republic of Ireland), FCI/Amphenol (The U.S.), Samtec (The U.S.) and CONEC Electronic Components GmbH (Germany) among others are some of the major players operating in the card edge connectors market

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Tapioca ingredients/extracts Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2024

Tapioca refers to the starch extracted from cassava root. Once the cassava plants are harvested, their roots are treated in order to remove toxins present in plants. The starch obtained is known as tapioca, which is further processed into various forms such as flakes, powder ball-shaped pearls or sticks. Tapioca is highly rich in carbohydrate, and have lower content of protein, saturated fat, and sodium. Tapioca also contains the vitamin B-complex, comprising folate, pantothenic acid, and B6, as well as iron, calcium, manganese, copper, and selenium.  The major producers of tapioca includes Brazil, Nigeria and Thailand. Owing to the unique composition of vitamins, carbohydrates, minerals, and organic compounds in tapioca, it has gained high preference in staple food. Tapioca ingredients/extracts are widely used as a thickening agent for sauces, gravies, casseroles, pies, soups, and other desserts.

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In addition, tapioca ingredients possess high medicinal value, thus is very beneficial for health. It helps in increasing blood circulation and red blood cell count, protects heart health, healthy weight gain, lower cholesterol, prevent diabetes, improve metabolic activities, improve digestion, protect against birth defects, protect bone mineral density, and maintains fluid balance within the body.

Global Tapioca ingredients/extracts Market: Market Segmentation

The global tapioca ingredient/extracts market is segmented on the basis of form, application, function and region type. On the basis of form, tapioca ingredient/extract market is segmented into natural, dried, toasted, and fermented.

On the basis of application, the tapioca ingredients/extracts market is segmented into food & beverages, animal feed, and other end-user application. Food & beverages application is further sub-segmented into confectionary, beverages, processed foods, and others. Sub-segments of animal feed include swine feed, ruminant feed, poultry, and others. Tapioca has gained high demand in food & beverages industry owing to its neutral flavor and strong gelling power. It serves as a thickening agent in the sweet and savory foods. Tapioca needs to be soaked first, and then boiled with a liquid to form a gel. Additionally, tapioca, being a gluten free product, is the most common ingredient in the gluten free foods. This is due to its ability to improve moisture and texture in the absence of gluten. Other end-user application includes medicines & pharmaceuticals, weaving & textiles, paper making, cosmetics, and others.

Based on functions, the global tapioca ingredients/extracts market is segmented into thickening, binding, emulsifying, stabilizing, and others (gelling, adhesion, moisture retention, film formation, fat substitution and others). Thickening function of tapioca is expected to gain high demand during the forecast period.

Global Tapioca ingredients/extracts Market: Regional Outlook

Geographically, the global tapioca ingredients/extracts market can be segmented into major regions including North America, Latin America, Europe, Asia Pacific, Middle East and Africa. Globally, among all regions, North America is expected to be the largest market for tapioca ingredients/extracts. Increasing demand of convenience food is one of the major factor contributing to the high market share of tapioca ingredients/extracts in North America. Asia Pacific region is projected to be the fastest growing market owing to the increased applications of tapioca ingredients/extracts in the food & beverages industry.

Global Tapioca ingredients/extracts Market: Growth Drivers

Tapioca ingredients/extracts market is expected to witness modest growth during the next couple of years. The growth is supported by various macro-economic factors such as population growth, recovered GDP, and increased disposable income have played a major role in elevating the demand of tapioca ingredients/extract market. In addition, its high demand is attributable to the increased applications of starch based products in food & beverage industry. Rapid urbanization coupled with the changing life-style and eating habits, along with the growing awareness level regarding health benefits of tapioca ingredients/extracts are fueling the growth of global tapioca ingredients market. Food technologist and companies in this market are continuously involved in research & development activities to enhance the tapioca ingredients/extracts profile so as to modify it as per use.

Global Tapioca ingredients/extracts Market: Players

Some of the key players identified across the value chain of the global tapioca ingredients/extracts market include Avebe U.A., Archer Daniels Midland Company, Cargill, Incorporated, Ingredion Incorporated, Tate & Lyle PLC, Emsland-Starke GmbH, Agrana Beteiligungs-Ag, and Tereos Syral S.A.S among others.  Companies in the global tapioca ingredients/extracts market are focusing upon expanding their product portfolio through new product launches.

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Sputter Coating Market: Technological breakthroughs, Value chain and stakeholder analysis by 2024

The field of electron microscope requires the coating of samples for better imaging. Furthermore, the created layer is conductive in nature which enables charging and reduces the thermal damage to improve the secondary electron signals for topographic examination. Sputter Coating is one such method which involves the process of applying an ultra thin coating of electrically conductive metals such as gold, silver platinum and palladium among others. These coatings have a thickness range of 2-20 nanometers. The market is expected to grow significantly during the forecast period.

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The sputter coating technology is increasingly being applied in the glass coating technology. The rising technological innovation in the glass displays is aiding to the growth of glass coating. This will indirectly drive the market for sputter coating market. Furthermore, the technological innovations in the semiconductor industry have lead to the growth of internet of things (IoT) market. Sputter Coating technology also finds it application in semiconductor industry. Hence the rising demand for IoT market is expected to drive the market for sputter coatings market significantly. In addition, there are several technologies under sputter coating which includes ion-assisted deposition which is one of the methods. This method is being used in medical implants, which is in return, pushing the demand for sputter coatings in the healthcare industry. Furthermore, the rising concern and upcoming government regulations for controlled hexavalent chrome emission is further driving the demand for sputter coating market globally.

However, the use and application of sputter coating technology involves high expenditure which is restraining the growth of the market. In addition, proper application of sputter coating requires highly skilled technicians. These factors are expected to slow the growth of the market across all the regions.

The market is expected to witness robust growth in future. The rising demand for voice over LTE (VOLTE) services in developing regions is expected to drive the market for sputter coatings in the telecommunication industry. Moreover, the demand for improved telecommunication is expected to create the need for improved smart phones with enhanced network capabilities. With the rise in telecommunication and smart phone industry, the overall semiconductor sector is expected to grow robustly. Sputter Coating technology is an essential aspect in rising demand in the semiconductor domain and hence expected to witness a steady growth globally.

The sputter coating market can be segmented by substrate, target material, application and geography. In terms of substrate, the market can be segregated into semiconductors, insulators and metals & dielectric. Furthermore, in terms of target material, the market can be bifurcated into compounds, alloys and pure metal. The sputter coatings find their application in several areas which includes automotive, energy, defense, lighting, optical coating, healthcare, architecture, electronics and decorative coating among others.

By geography, the sputter coating market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa and South America. North America and Europe are expected to witness steady growth at the initial stage as they are the early adapters of new technology. Furthermore, the use of sputter coatings involves high initial investment which is not available across all the regions. However, Asia Pacific region is expected to witness a strong growth in future due to the presence of developing regions like China and India.

The sputter coating market is witnessing strong competition from the major players. Frequent mergers and acquisition among the top players is aiding to the growth of the market globally. The leading players in the market include Umicore Group, Heraeus Deutschland GmbH & Co. Kg, AJA International Inc., Mitsubishi Materials Corporation, Treibacher Industries AG, Corning Precision Materials Korea Co., Ltd., Hitachi Metals, Ltd., Intevac Inc, Soleras Advanced Coatings, Honeywell Electronics Material and Plansee among other players.

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