Millimeter Wave Technology Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2024

The millimeter-wave technology is electromagnetic spectrum is primarily considered to be the range of wavelengths between 0.4 inches (10 millimeters) to 0.04 inches (1 millimeter). Millimeter waves are shorter than microwaves or radio waves and longer than x-rays or infrared waves. The market has been segmented into by frequency band which includes E-band, V-band among others. The market is also segmented into by application which includes defense, telecommunication, automotive, industrial and healthcare among others. The market by geography has been segmented into, Asia Pacific, Europe, North America, Middle East and Africa and South America.

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The millimeter-wave technology of the electromagnetic spectrum primarily corresponds to 30 GHz to 300 GHz of radio band frequencies. This is called EHF (Extremely High Frequency) range. Growing demand for wireless technologies is one of the key factors boosting the market for millimeter wave technologies globally. Limited range and increasing environmental concerns are some of the restraints which may inhibit the growth of this market. Earth’s atmosphere may also pose as a restraining factor for the millimeter wave technologies. For instance 60 GHz is not appropriate for use in long-range radar or communications and it is suitable for local wireless area networks which are primarily used for portable systems or computers.  5G technologies offer potential opportunities for the millimeter wave technology. With the increasing research activities in the domain of millimeter wave technology equipment is fueling the market across different regions. Major companies are concentrating more on research activities in order to  increase application area of millimeter wave technology based equipment is different sectors which include defense and military, healthcare, automotive among others.

The major application fields of millimeter wave technology market include automotive, defense and military, telecommunication, industrial, security and healthcare. Telecommunication sector is leading the market, followed by defense and military sector. Moreover, industrial sector is also contributing in the positive development of the market. The growing advancement in the field of imaging systems, material research and process control in the industrial sector is driving the market for millimeter wave technology equipment across different nations globally. E-band is dominating the market. Telecommunication is the prime application area of E- band, which is contributing in the market and is expected to maintain its leading position over the forecast period, 2016 to 2024. The increasing demand for advanced technologies and high bandwidth-intensive applications along with rising application of small cell backhaul systems is fueling the requirement for millimeter wave technologies in different industries. Furthermore, growing ratio of data usage is also one of the prime factors behind the growth of millimeter wave technology equipment in the telecommunication sector.

North America and Europe is dominating the millimeter wave technology market worldwide. Rising demand for 5G technologies in the developing nations such as Asia Pacific is boosting the demand for the millimeter wave technology.  The U.S., U.K., Germany, France, Italy, Japan, South Korea, China, Brazil and India are expected to witness positive growth over the forecast period from 2016 to 2024. Increasing advancement in the field of satellite communication systems, radar, scanning and imaging systems is fueling the demand for millimeter wave technology.

Research and development, product innovation, merger and acquisitions are some of the prime business strategies adopted by the companies operating in this industry in order to strengthen its presence globally. NEC Corporation (Japan), E-Band Communications, LLC (The U.S.), LightPointe Communications, Inc (The U.S.), BridgeWave Communications (The U.S.),  Siklu Communication Ltd. (Israel), Keysight Technologies (The U.S.). There are some other companies which also playes an important role in the field of millimeter waves which includes SAGE Millimeter, Inc. (The U.S.), Millitech Inc. (The U.S.), Farran technology Ltd. (Ireland) and Trex Enterprises Corporation (The U.S.) among others are some of the major players operating in the millimeter wave technology market.

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Consumer Barrier Films Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025

In the past couple of decades, rigid packaging has given way to the more convenient flexible packaging solutions. Consumer barrier films serve a variety of purposes, such as aroma protection, and increasing shelf life of the product within. Consumer barrier films find a wide range of applications in the food, home & personal care, pet food & pet care industries, and the likes, for flow wrapping, lidding and other purposes. The transparent nature of the consumer packaging films enables excellent product display, which enhances their chances of selling.

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Consumer barrier films are necessary for food and non-food products alike, for acting as an efficient aroma, odour, and gas barrier, thus facilitating growth in preference for consumer barrier films in the market. Consumer barrier films find applications in a variety of horizontal and vertical form-fill-seal applications. Rising demand for flexible packaging solutions that enhance the shelf life of the product, coupled with more consumer appeal for packaging solutions with excellent product presentation, are the major factors expected to ensure a positive outlook for the global consumer barrier films market, over the forecast period.

Global consumer barrier films market: Dynamics

The global packaging industry has undergone significant transformation in the past couple of decades, driven by evolving consumer-level and design-level trends. Significant improvements have been made in the way products are packaged, keeping ‘consumer-convenience’ as the main objective. Several factors are expected to fuel growth of the global consumer barrier films market, which, as discussed above, include a growing demand for packaging solutions which enhance the shelf life of the product. In addition, consumer barrier films decrease the need for preservatives, and prevent de-oxygenation of the product, thereby stopping degradation of the food product. Growth of the global consumer barrier films market could, however, be hampered by concerns regarding the ability of plastic material to enable exchange of vapors and gases, thereby threatening to compromise the safety and quality of packaged products. Manufacturers in the global consumer barrier films market have been focusing on consumer convenience for new product launches, which has enabled addition of new features such as high sealing strength, anti-fogging abilities, anti-static nature, and high printability. All these features are expected to drive growth of the global barrier films market, over the forecast period.

Global consumer barrier films market: Segmentation

The global consumer barrier films market is segmented as:

On the basis of material, the global consumer barrier films market is segmented as –

• PA
• EVOH
• OPA
• SiOx
• BOPP
• PVDC
• CPP
• Others

On the basis of end use industry, the global consumer barrier films market is segmented as –

• Food Industry
• Personal Care and Cosmetics Industry
• Others

Global consumer barrier films market: Geographical Outlook

The global consumer barrier films market is divided into seven regions –

• North America
• Latin America
• Western Europe
• Eastern Europe
• Asia Pacific excluding Japan (APEJ)
• Middle East & Africa (MEA)
• Japan

The Western Europe region is expected to lead the global consumer barrier films market, both in terms of production and demand. This is expected to be closely followed by the Asia Pacific region, which provides lucrative opportunities for growth of the global as well as regional consumer barrier films market. The North America region, owing to a large consumer retail industry, is expected to witness moderate growth in the regional consumer barrier films market, over the forecast period. The APEJ and the Latin America consumer barrier films market is poised to witness significant growth over the forecast period, owing to fast changing lifestyle of the local people, which is giving rise to the on-the-go consumption trend. As a result, local people are showing increased preference for ready-to-eat meals and microwavable packaging solutions. Rise in modern retail is further expected to bolster growth of the consumer barrier films market.

Global consumer barrier films market: Key Players

Few of the key players operating in the global consumer barrier films market are – Mondi Plc, Sealed Air Corporation, Amcor Limited, Flair Flexible Packaging Corporation, and Bemis Company, Inc.  

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Boilable Bags Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025

The food and packaging industry is expected to grow in future because of the growing population and the demand for innovative packaging. There is a high demand for packaging products because of the changing lifestyles and growing urbanization where consumers look for options which are simple and effective. Boilable bags are one such segment of packaging products which provides a high protection from external factors and keeps the food fresh.

Market Overview:

Boilable bags market is expected to grow at a high CAGR in the forecast period. Boilable bags are also called vacuum or microwaveable bags which can be of different thickness and are used to store food and can also be used to directly heat the food without using any containers. The biggest advantage of using boilable bags is that it does not contain any harmful chemicals like BPA which can destroy the food and can be hazardous for consumption. Boilable bags can be used by campers, food processors, and backpackers or can also be used in medical processes and procedures.

Market Dynamics:

The driving force for the boilable bags market is its wide range of applications in meats, vegetables, or poultry. It can also be used in preserving food color, juices, and nutritional content. Boilable bags market is growing because of the exceptional qualities which these bags provide like preserving moisture, serving as an odor barrier and preserving the nutrition of the food. The other driving force for the boilable bags market is the vacuum seal which helps in keeping the air and moisture away from getting into food and destroying it. 

Most plastic bags cannot be used for storing food since they can be harmful for consumption but boilable bags are made with materials which do not react with the products kept inside and keep it safe and eatable. This has driven the boilable bags market. Boilable bags can be used at high temperatures because of their efficiency of not contaminating the food.

One of the restraints of boilable bags market is the availability of cheap alternatives which can replace them. Another factor affecting the growth of boilable bags is the proper disposal of these bags, if not done properly it can affect the environment.

Market Segmentation:

The boilable bags market is segmented on the basis of the temperature, by the type of products, by application and region.

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On the basis of the temperature, the boilable bags market is segmented into high temperature and low-temperature boilable bags.

On the basis of the applications, the boilable bags market is segmented into poultry, meat bags, vegetable bags, storing fish, pre – cooked foods, advance meal preparation and can also be used for medical processes or procedures

On the basis of geographies, the boilable bags market is segmented across 7 key regions; Latin America, North America, Japan, Asia Pacific excluding Japan, Western Europe,  Eastern Europe and Japan. North America has the highest market share of boilable bags market because of the high amount of packaged foods used there. Growing campers and young population have also driven the growth of boilable bags market in this region. Europe and Latin America are also expected to have a significant market share in the boilable bags market. Boilable bags market in Asia Pacific is expected to grow at a high CAGR in the forecast period because of the growing food and packaging industry in this region.

Market Key Players:

Few of the major key players active in the boilable bags market includes PackitGourmet LLC, Impact Corporation, AR-BEE Transparent Products Inc, Universal plastic bag corporation, Delstar Technologies Inc, Aceco Industrial Packaging, Peace Products Co, Golden Eagle Extrusions Inc, Maco PKG and Ultravack Solutions.

Hence it can be said that the boilable bags market is expected to grow in future because of a number of opportunities it creates in the market.

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Global Fragrance Packaging Market: E-Commerce Boosts Demand for Better Packaging, observes TMR

Transparency Market Research states that the global fragrance packaging market is likely to witness moderate competition as players are investing in innovative methods. Key players such as Gerresheimer AG, Saverglass sas, Verescence France SASU, and Swallowfield Plc are expected to focus on designing innovative packaging solutions to appeal to a larger crowd. Vendors are expected to look at materials that are long-lasting to making the packaging durable. Furthermore, the wave of developing environmental-friendly packaging materials to add a green touch to the product is also expected to be a key strategy of the global players. Several companies are also venturing into emerging economies to grab wider consumer base in order to expand their businesses.

According to the research report, the global fragrance packaging market is estimated to be worth US$2,119.9 mn by the end of 2025 from US$2,031.9 mn in 2016. During the forecast period of 2017 and 2025, the global market is estimated to register a CAGR of 5.0%. Out of the various materials used for packaging perfumes, metals are expected to dominate the global market as they offer the best durability. Metals held a share of 40% in the overall market in 2016, a trend that is anticipated to remain persistent throughout the forecast period. In terms of regions, Europe is projected to dominate the global market as it slated to rise at a CAGR of 3.9% over the forecast period.

Demand for Luxury Goods Bodes Well for Global Fragrance Packaging Market

The research report observes that the growing e-commerce business and the e-retailing industry have collectively augmented the growth of the global fragrance packaging market. The rapid penetration of the internet in the remotest corners of the world has allowed several consumers to shop from the convenience of their homes and various other locations. This fast-growing trend has allowed consumers a quick access to various international brands thereby boosting the sales of perfumes across borders in carefully packaged boxes. The research report also states the increasing awareness about personal grooming, appearance, and increasing interest in cosmetics and beauty products has also led to a demand for better fragrance packaging solutions.

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The soaring demand for luxury goods fueled by rising disposable incomes has also coaxed the industry to design stylish packaging solutions that make a mark in the consumer’s mind. Growing importance to advertising has also encouraged fragrance companies to focus on their packaging as the way their products are eventually marketed speaks volumes about it. Analysts anticipate that consideration of perfumes as valuable gifts, the notion of luxury associated with them, and their long-lasting nature are also some of the key growth drivers for the fragrance packaging market.

Fluctuation of Raw Material Prices to Challenge Market Growth

On the other hand, the increasing demand for environment-friendly packaging solutions is likely to hamper the market’s growth. Growing awareness about the hazardous impact of plastic, glass, and metal on the environment is dissuading several buyers. Owing to this reason, consumers are making a conscious move toward traditional perfumes. Furthermore, the consistent fluctuation of raw material prices is also expected to challenge market growth in the near future.

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Pro-Diet Bars Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2024

Health and nutrition bars market are witnessing high demand owing to the growing awareness about health and wellness among the consumers. A wide range of nutrition bars is available to meet the consumer needs, among which pro-diet bars are one of the highly demanded nutrition bars. Pro-diet bars have gained popularity among the consumers driven by the nutritional attributes. Pro-diet bars have few carbs, vitamins, and minerals but high protein content which serves best for consumers who are on protein diets, athletes and gym enthusiasts. Pro-diet bars market primarily target the audience who demand protein sources that do not require any preparation. Pro-diet bars market is expected to grow over the forecast period attributed to the high demand among fitness freaks and athletes.

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Pro-Diet Bars Market: Market Dynamics

Increasing demand for pro-diet bars is driven by the nutritional benefits such as high protein concentration, less quantity of carbs, few vitamins and minerals. Pro-diet bars serve as a workout fuel for exercise enthusiasts which helps them in muscle build up. Pro-diet bars are equivalent to meals which avoid the consumers from overeating thus preventing them from gaining weight. Pro-diet bars market are driven by its multiple benefits which include the pro-diet bar being a meal substitute for consumers who are on a weight watch as it curbs out the appetite along with providing appropriate protein and nutrient content, pro-diet bars serve as an adequate protein diet for women who often miss out on consuming the required protein content from their daily meals. Pro-diet bars market is significantly boosted by the high demand among the athletes for whom, the pro-diet bars serve as a fuel for energy. Besides the demand generated by the consumers, another factor that contributes to the growth of pro-diet bars includes the availability of pro-diet bars in a variety of flavors which enhances the taste of the bars thereby stirring up the demand among consumers.

Pro-diet bars, in spite of offering multiple benefits face few restraints that hinder the growth of the pro-diet bars market globally. Pro-diet bars are protein derivatives such as whey, soy, and pea flour which taste awful. In order to enhance the taste to make it edible manufacturers add sweeteners such as sugar alcohol which have high chances of causing stomach upsets, bloating, flatulence and diarrhea. They also add high fructose corn syrup which can disrupt the metabolic syndrome. Few pro-diet bars contain high amounts of preservatives, artificial flavors and hydrogenated vegetable oils which can compromise on the nutritional attribute of the pro-diet bars.

Pro-Diet Bars Market: Market Segmentation

Pro-diet bars market can be segmented on the basis of raw materials used in its manufacturing, which includes:

• Whey Isolate
• Soya
• Pea Flour
• Milk Isolate
• Casein
• Soy Crisps
• Others

Pro-diet bars market can be segmented on the basis of sweeteners used in manufacturing, which includes

• Sorbitol (Sugar alcohol)
• Fructose
• Dextrose
• Others

Pro-diet bars can also be segmented on the basis of different flavors available. It includes:

• Chocolate
• Coconut
• Vanilla
• Strawberry
• Lemon
• Mint
• Others

Pro-Diet Bars Market: Regional Outlook

Regional coverage for pro-diet bars market includes North America, Latin America, Europe Asia-Pacific and China (APAC) and the Middle East and Africa (MEA). U.S market in North America and Europe account for a significant market share in the global pro-diet bars market owing to the presence of highly health conscious consumers, athletes and exercise and fitness enthusiasts. Pro-diet bars market in India witnesses a budding market attributed to the increasing rate of fitness freaks, increasing awareness about the product and its benefits, increasing sports activities and increasing incidences of health issues such as diabetes and obesity. Increasing purchasing power of the consumers also drives the pro-diet bars market in India.

Pro-Diet Bars Market: Market Players

Few players operating in the pro-diet market include Naturell, Xterra Nutrition, Nestle (PowerBar), Coca-Cola (Odwalla), General Mills, Kelloggs, Promax Nutrition and others.

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

Sugar substitute market is witnessing an increasing demand driven by the increasing sales of various sugar substitutes such as natural sweeteners and artificial sweeteners. Sucralose, an artificial sweetener used as a sugar substitute is highly preferred by consumers owing to its zero calorie attribute. Though sucralose is 600 times sweeter than sugar but interestingly it is not identified as the carbohydrate by the human body. Sucralose has its maximum usage in food and beverage industry where it is used as an artificial sweetener in products such as baked foods, confectionary and fizzy drinks. The demand for sucralose is expected to rise during the forecast period owing to the increasing health conscious people who prefer calorie free sweetener.

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Sucralose Market: Market Dynamics

Increasing health consciousness among consumers, and rising disposable income in the developing countries have resulted in the increasing demand for sugar substitutes especially sucralose owing to its calorie free attribute. People with high blood sugar and diabetic patients prefer a calorie-free sweetener for consumption which fuels up the demand growth of sucralose market. Continuous demand by the food and beverage industry to use sucralose as a sweetener for various food products such as bakery products, health drinks, juices, and confectionary have contributed majorly to the increasing demand for global sucralose market. Sucralose sweetener serves as a non-caloric sweetener in various food recipes which thereby increases the demand generated by the households and restaurants for the global sucralose market.

However few health hazards caused by sucralose consumption restraints the growth of global sucralose market. Health hazards such as dizziness, migraines, allergies, gastrointestinal problems and weight gain can cause serious hindrance to the growth of global sucralose market.

Sucralose Market: Market Segmentation

Sucralose market is segmented on the basis of food application which includes:

• Beverage
• Bakery
• Confectionary
• Dairy Products
• Frozen Foods
• Others

Beverage products include juices, tea, health drinks that use sucralose to add sweetness to the products. Bakery products such as cakes, cookies, and biscuits. Confectionary food such as chocolates, jellies, and candies also use sucralose as a sweetener. Fat-free dairy products and frozen food too have the usage of sucralose.

Sucralose Market: Regional Outlook

Regional coverage for sucralose market includes North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan (APEJ) , Japan and the Middle East and Africa (MEA). North America holds a dominant position in the global sucralose market owing to the highly health conscious people mainly the U.S. followed by Europe. Asia Pacific poses a potential opportunity for sucralose market to grow during the forecast period owing to the increasing health conscious people, rising disposable income and increased preference for calorie-free sugar substitute in food products which would drive the food manufacturers to use sucralose as a sweetener.

Sucralose Market: Market Players

Few players operating in the global sucralose market include JK Sucralose, Eastern Food Chem Co. Ltd., Niutang, Amalgamated Sugar. Co., Galam Ltd., Evolva Holding, SaIngredion Inc., Nutrasweet.co., and Beckmann-Kenko GmbH.

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Fog Computing Market – New Tech Developments and Industry advancements to watch out for 2024

Fog computing, also known as fog networking, is a decentralized computing infrastructure that is likely to emerge as next generation cloud computing. In fog computing, computing and storage of data are distributed in the most logical and efficient manner between the data source and the cloud. This is because the Internet of Things (IoT), a technology closely associated with cloud, is creating enormous volumes of data, but by the time it finds its way to the cloud for analysis, it is often late to act upon it. Fog computing helps to do away with this drawback by analyzing the most time sensitive data at the network edge, close to its generation source, instead of sending large volumes of data to the cloud for historical analysis and storage.

The two main components in the fog computing market are hardware, comprised of servers, routers, switches, gateways, and controller, and software comprised of customized application software and fog computing platform. Of the two, the software segment generates maximum revenue because of the low capital requirement. Fog computing is finding application in building and home automation, smart energy, connected health, smart manufacturing, transportation and logistics, security and emergencies systems among others.

Geographically, North America currently leads the global fog computing market and going forward too, is slated to maintain its leading position on the back of substantial investments made in the region to develop this technology. High penetration rate of the fog computing technology is primarily responsible for the growth in market of North America.

Some of the prominent participants in the global market for fog computing are Microsoft Corporation, Cisco Systems, Inc., Dell Inc., ARM Holding Pl., Fujitsu, Intel Corporation, and Schneider Electric Software, LLC, etc.

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Fog computing is a computing technology which decentralizes application and computing resources in the most efficient and effective point. Fog computing technology is also known as fog networking. Fog computing enhances efficiency and helps in reducing the size of the data which would be uploaded to the cloud for the purpose of analysis, data processing and storage. Fog computing also helps in enhancing compliance and security for the end users. In fog computing atmosphere, most of the data processing is done over smart mobile devices and data hubs. Moreover, other devices like gateway and smart router are also used in fog computing. Due to this distributed approach fog computing is gaining popularity. The demand for fog computing is driven by the requirement for managing enormous amount of data which is generated by the sensors. Further fog computing enable portability, the fog enables the cloud to be more conveniently positioned to act and produce on Internet of things (IoT) data.

There are devices which are called fog nodules which could be installed at any position where there is availability of network connection. These fog nodules could be installed anywhere from factory floor, on top of power poles, in vehicles, beside railway tracks and oil rigs among others. A fog node could be any device which has storage, computing and network connectivity. Some of the factors which is driving the fog computing includes limitation of bandwidth for IoT infrastructure, enhancement of real-time operations and requirement of analytics at the edge of networks. Non existence of standard government standard for fog computing and lack of availability of technological skills in fog computing are factors which are restraining the fog computing market growth. Moreover, there is a lot of growth opportunity in system integrators platform providers’ communication technology. This is expected to drive the market over the near future. Other factors like growth opportunity in cloud service provider are another opportunity for the growth of fog computing market.

The Fog computing market is segmented by components and by application. The market by components has been further segmented into hardware and software. The hardware segment is further segmented into servers, switches, routers, gateways and controller. Software has been further segmented into customized application software and fog computing platform. The fog computing market by application is segmented into smart energy, building & home automation, smart manufacturing, connected health, transportation & logistics, security and emergencies systems among others. The software segment in the fog computing market segmented by component is expected to account for the largest revenue share. A lot of programs are operated on virtual machines with singular host hardware. It is easy to enter the software market for fog computing due to multiple factors low capital requirement and availability of intellectual capital. Smart manufacturing applications in the fog computing market segmented by application are expected to grow at the fastest rate. High demand for process automation across a wide range of industry is expected to drive the smart manufacturing application segment in the fog computing market.

The fog computing market by region has been broadly segmented into North America, Asia Pacific, Rest of the World (RoW) and Europe. North America led the global fog computing market in 2015 and is expected to dominate the market over the next few years. A lot of investment is made in the region to develop this technology. High penetration rate of the fog computing technology is driving the market in North America.

The key players operating in the fog computing market includes Microsoft Corporation (U.S), Cisco Systems, Inc. (U.S), Dell Inc. (U.S), ARM Holding Pl. (U.K.), Fujitsu (Japan), Intel Corporation (U.S) and Schneider Electric Software, LLC (Japan) among others.

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