Active Packaging Market - Key Facts , Share Trends Analysis 2020-2023

Active packaging is a modern method of packaging which involves the addition or withdrawal of certain gases and liquids within food packages, in order to prolong their shelf lives. Food industry is a major consumer of active packaging materials. Oxygen scavenging, ethylene scavenging, ethanol release, carbon dioxide release and water vapor removal are some of the methods of active packaging. Fresh farm produce and poultry are biologically active when packed in flexible packaging materials. They release certain gases due to metabolism. These gases tend to accumulate within the headspace of the packaged food stuff. The accumulated gases cause the deterioration of the packaged food. Scavengers are used to absorb these gases and liquids accumulated within the headspace of the packaged materials, in order to prevent their spoilage. 

The increasing demand for packaged food has been boosting the active packaging market. The growing inclination of individuals towards packaged and ready to eat foodstuffs has been propelling the active packaging market and this trend is expected to continue within the forecast period. Chopped and packaged fruits and vegetables employ active packaging to a large extent as they release gases within the packaging. However, incorporation of active packaging materials such as sorbents in food packages is expensive, which is expected to hamper the market within the forecast period. Nanomaterials and bio sensors detecting the accumulation of gases within packaged food items are expected to open new areas of opportunities for the active packaging market within the forecast period. 

Active packaging can be in the form of absorbent sachets or they can be incorporated within the packaging material. The latter mode of food preservation is expensive; nonetheless it is being explored to a large extent by contemporary packaging material providers. Besides absorbing gases, active packaging can be designed to absorb dripping liquids, controlling humidity, absorbing odors and maintaining the right concentration of gases and moisture within the packaged food items.

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Regions such as North America and Europe dominate the active packaging market. Asia Pacific and rest of the world are nascent markets for active packaging materials. Technological advances in the field of active packaging are expected to make these materials affordable which would increase their demand in Asia Pacific and rest of the world countries. Advanced versions of active packaging materials release controlled quantities of ethanol into bakery and meat products in order to curb microbial growth in these food items. The choice of active packaging material depends on the type of food stuff it is designed to preserve. For instance, lowering of oxygen is beneficial in case of cured meats, nuts and powdered milk.

However, in cheeses, fresh & processed meats and baked goods, carbon dioxide has a beneficial effect. It imparts an antimicrobial effect to certain food items. Therefore, it is paramount to choose active packaging in accordance with the type of food product being preserved. In case of ethylene scavenging, a pink colored indicator is incorporated into the absorbent sachet in order to indicate the amount of absorbent consumed. These sachets are used in ground coffee and desiccated food items. Certain microbial inhibitors such as ethanol and sulfur dioxide are released in controlled amount in baked goods and cut fruits respectively, to inhibit microbial growth. 

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Variable Valve Timing (VVT) Market - Current Impact to Make Big Changes with Key research companies

Variable Valve Timing (VVT) process is used in internal combustion engines to vary the valve timings. It is the next step forward in appropriate utilization of an engine, post development of the multi-valve technology. VVT aides in improving performance of the engine and also reduces emissions, apart from decreasing fuel consumption. Thus, it helps in increasing the power and torque also. VVT process varies the timing of opening and closing of the inlet valve and exhaust valve of an engine. Overlapping of the two events, namely opening the inlet valve and closing of the exhaust valve is optimized by the VVT process which leads to the difference in power generated by the engine.

At faster speed, VVT ensures maximum overlapping while at moderate or slow speed it tunes the overlapping of opening the inlet valve and closing of the exhaust valve as per the requirement. VVT aides in reducing fuel consumption by optimizing exhaust gas recirculation (EGR). VVT can ensure that some of the exhaust gas is re-circulated in the engine by delaying the opening of the exhaust valve while the fuel-air mix inlet valve is kept open. Thus the recirculation leads to less consumption of the fuel-air mixture which ultimately leads to lesser consumption of fuel.

The global market demand for VVT is constantly increasing primarily due to the increasing demand for fuel economy of engines, combined with power and torque. Various regulations related to emissions have also been positively impacting the demand for better VVT technology since it plays a crucial role in reducing emissions. Various law enforcements are requiring auto makers to ensure that the lowest possible emissions are created from their engines, thus leading to advancements in the VVT technology. Additionally, the global increment in automobile sales has also been boosting the growth of the VVT market.

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However, competing technologies such as start-stop system can pose threat to the VVT technology. Also, difficulty in fault recognition of VVT and high cost of replacement has been hindering the growth of this market. Additionally, after-market supply of VVT systems is still quite limited. Several automobile manufacturers are engaging in serious research and development to fully computerize the process for varying the valve timing infinite times and also for better engine output. Also, position and angles of cam shaft are being experimented with regularly for bettering the system.

By technology, the global VVT market can be segmented into cam-changing VVT, cam-phasing VVT, cam changing & cam phasing VVT and others. The market can be segmented by fuel type into diesel VVT system and gasoline VVT system. Furthermore, VVT market can be geographically segmented into North America, Europe, Asia-Pacific (APAC) and rest of the world (ROW).

Some of the key companies leading the VVT market are Aisin Seiki Co. Ltd. (Japan), Continental AG (Germany), Denso Corporation (Japan), Hilite International, Inc. (U.S.), Hitachi Automotive Systems (Japan.), Johnson Controls, Inc. (U.S.), Mitsubishi Electric Corporation (Japan), Robert Bosch GmbH (Germany), Schaeffler AG (Germany) and Valeo SA (France) among others.

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The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

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Nanosatellite & Microsatellite Market Challenges With Completely Different Segments, Forecast- 2027

The global nanosatellite & microsatellite market is extremely competitive and fragmented in nature, states a latest report by Transparency Market Research (TMR). Some of the prominent players operating in the global market are Clyde Space, Gomspace, Ruag Group, Raytheon, and Sierra Nevada Corporation. These companies are focusing on investing in research and development activities to introduce innovative products in the marketplace to gain a competitive edge in the global nanosatellite & microsatellite market. Alternatively, these players are entering into mergers and acquisitions to penetrate the global nanosatellite & microsatellite market. New players are entering the global nanosatellite & microsatellite market.

Growing focus on reducing the cost of miniature satellites, rising development of infrastructure, and advancements in satellites are expected to boost the global nanosatellite & microsatellite market during the forecast period. The global nanosatellite & microsatellite market is projected to expand at a CAGR of 12.9% from 2019 to 2027 to reach value of US$ 3.4 Bn by the end of the forecast period.

Geographically, the global nanosatellite & microsatellite market is expected to be dominated by Asia Pacific during the forecast period. Growth of the market in the region can be attributed to rising demand for applications related to earth observation and research and development of network infrastructure in developing countries in Asia Pacific. In terms of industry type, the global nanosatellite & microsatellite market has been segmented into agency, defense, educational, non-profit, energy & infrastructure, and others. Among these, the global nanosatellite & microsatellite market is expected to be led by the defense sector during the forecast period. This growth can be attributed to high demand in the defense sector to communicate with soldiers located in far-flung areas.

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Technological Advancements to Promote Growth of Global Nanosatellite & Microsatellite Market

Rising demand for miniature satellites and low costs incurred for production of miniature satellites are expected to boost the global nanosatellite & microsatellite market in the next few years. Increasing number of telecom companies is likely to generate demand for nanosatellites and microsatellites. These companies invest in nanosatellites and microsatellites to improve their Internet connectivity and bandwidth. Cost effectiveness and better features provided by modern microsatellites as compared to conventional ones are projected to drive the global nanosatellite & microsatellite market during the forecast period.  Hence, the global nanosatellite & microsatellite market is projected to expand at a substantial rate during the forecast period.

Moreover, advanced technologies that help in setting up research universities are projected to provide new growth avenues to the global nanosatellite & microsatellite market during the forecast period. Rising need for communication by using smart devices is projected to boost the global nanosatellite & microsatellite market in the next few years.

Implementation of Strict Regulations to Restrain Market

Stringent rules and regulations by International Telecom Union regarding radio frequencies are estimated to hamper the global nanosatellite & microsatellite market in the next few years. Moreover, lack of launch vehicles to launch miniature satellites are projected to hinder the global nanosatellite & microsatellite market in the next few years.

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However, increasing use of satellites to meet the rising demand for Internet access in areas without broadband service is estimated to present lucrative opportunities for the global nanosatellite & microsatellite market in the next few years.

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Maritime Security Market Trends, Outlook and 2028 Demand Forecast

The global maritime security market is projected to demonstrate ascending demand graph during the forecast period of 2019 to 2028. Key reason attributed to this growth is increased need for maintaining the marine security. The maritime security system is gaining popularity in various countries owing to its ability to offer advanced technology to spot threats and communicate with officials. Through this system, ports, vessels, and other infrastructure concerned with the shipping business are offered protection from intended damage through sabotage, terrorism, or subversion.

An upcoming research report from TMR on the maritime security market provides in-depth study of key elements supporting or obstructing the market growth. Apart from this, the report aims to covers dependable data on shares, volume, and various business strategies used by vendors working in this market. Thus, the report is a valuable guide of the maritime security market for the forecast period of 2019–2028.

The global maritime security market is segmented on the basis of various key factors such as type, threat and vulnerabilities, end-user, and region.

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Global Maritime Security Market: Growth Dynamics

The global maritime security market is growing on the back of plethora of reasons. A report from the Allianz Global Corporate & Specialty states that around 90% of worldwide trade is carried by international shipping. This factor highlights significance of the international maritime security, thereby fuels the growth of the global maritime security market.

In recent years, there is considerable growth in the marine terrorism-related incidents across the globe. This situation has pushed the military forces to take initiatives and avoid such incidents in future. Deployment of maritime security solutions is one of such initiatives.

Vendors working in the global maritime security market are pouring efforts to advance maritime safety solutions and services. These efforts are helping companies engaged in the shipping and transport business to protect themselves from unethical and illegal acts and threats. As a result, the market for maritime security is witnessing stupendous expansion opportunities.

However, some factors are restraining the growth of the global maritime security market. Ungoverned marine regions and need of uniform standards for maritime safety technologies and solutions are some of the key factors obstructing the market growth.

Global Maritime Security Market: Notable Development and Competitive Analysis

The global maritime security market is moderately fragmented in nature. Presence of considerable number of well-established players shows that the competitive landscape of the market for maritime security is highly intense. Vendors in the market for maritime security are executing numerous tactics to maintain their prominent market position.

Several players are focused on research and development activities to advance their products. A case in point here is recent successful test performed by SAAB Group. The firm stated that it has successfully completed tests on Saab Lightweight Torpedo, which is the firm’s anti-submarine warfare solution. In this work, the firm collaborated with Swedish Armed Forces and Swedish Defence Materiel Administration (FMV). This move indicates that the global maritime security market is expanding at rapid pace.

The list of key players in the global maritime security market includes:

• Thales Group
• SAAB Group
• Elbit Systems Ltd
• Northrop Grumman Corporation
• BAE Systems Inc.

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Global Maritime Security Market: Regional Assessment

The global maritime security market is spread across five key regions, namely, Asia Pacific, North America, Europe, Middle East and Africa, and Latin America. Of them, Asia Pacific is one of the lucrative regions of the market for maritime security. One of the key reasons stimulating market growth in this region is increased use of marine route for transportation of goods in the Indian Ocean and the Arabian Sea. Apart from this, growing instances of sea-crimes in the region will boost the market growth in the upcoming period.

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Firewire Cables Market Status and Forecast by Regions

• Firewire cables are largely used to connect devices that have integrated firewire ports. Firewire is an I/O interface standard designed by Apple, Inc. to provide high data transfer speeds.
• Firewire cables is a part of the quickest serial technology designed for connecting a computer to a peripheral device or for connecting devices with one another by using a particular cable design assembly
• Various firewire cable design assemblies available in the market are: 4-pin to 4-pin, 4-pin to 6-pin, 4-pin to 9-pin, 6-pin to 6-pin, 9-pin to 9-pin, and 9-pin to 6-pin. These design assemblies are used to connect external hard drives, computer monitors, DVD decoders, and digital camcorders.
• Furthermore, firewire cables are capable of providing data transfer at a rate as high as that offered by a USB 2.0 cable. This advantage of firewire cables over USB cables also offers a reliable, simple, and economical connection.
• Firewire cables are also known as IEEE 1394 cable, DV cable, and I. Link cable

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Key Drivers of Global Firewire Cables Market

• Growing use of consumer electronics devices such as cameras, scanners, laptops, and memory storage devices worldwide is a key factor driving the adoption of firewire cables during the forecast period

Consumer Electronics Segment to Witness Significant Growth

• Among end-use industries, the global firewire cables market can be segmented into automotive, industrial, consumer electronics, data/communications, and medical devices
• The consumer electronics segment is expected to witness significant growth during the forecast period, owing to high adoption of firewire cables in multiple applications such as camcorders, scanners, printers, DVD players, set-top boxes, computer monitors, audio video receivers, hard drives, and audio recording devices
• Owing to the above-mentioned factors, the consumer electronics segment is likely to witness significant growth during the forecast period

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Asia Pacific to Hold a Major Share of Global Firewire Cables Market

• In terms of region, the global firewire cables market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America
• The firewire cables market in Asia Pacific is expected to expand at the maximum CAGR during the forecast period. This growth can be attributed to presence of a large number of cable manufacturers and continuously rising demand for consumer electronics devices in the region.
• The firewire cables market in North America and Europe is likely to witness stagnant growth between 2019 and 2027. The market in Middle East & Africa and South America is estimated to witness sluggish growth during the forecast period.

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Pre-wired System Market (Impact of COVID-19) Top Growing Companies

• A pre-wired system is a set of products used for accelerated connection of analog, discrete and I/O modules. The system acts as a substitute for screw terminal blocks, eliminating the need for a single-wire connection.
• Pre-wired systems are available with battery-based charger systems and in various voltage configurations

A pre-wired system consists of an inverter/charger, e-panel, battery monitoring kit, advanced remote control with display, input and output breaker, solar busbar, and surge protection devices

Various Benefits Offered by Pre-wired Systems to Drive Global Pre-wired System Market

• Pre-wired systems offer various benefits such as ease of installation and reduction in cost and time. These systems are available in an assembled form. They are already tested by manufacturers and they can be directly be connected to a battery bank and a PV array (photovoltaic array). 

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Different Modes of Operation to Drive Global Pre-wired System Market

• Pre-wired systems are available in different modes of operation such as grid-tied mode, meter zero mode, time-of-use mode, and smart load mode. The grid-tied mode sends power back to the utility, thereby reducing the electricity bill.
• The meter zero mode zeros the electric bill, without the need for an additional smart meter
• The time-of-use mode uses solar batteries to reduce usage of grid power
• The smart load mode uses a programmable output for high-power off-grid loads to run during optimum solar energy conditions
• Availability of different modes of operation of pre-wired systems is expected to promote growth of the global pre-wired system market in the near future 

North America to Lead Global Pre-wired System Market

• In terms of region, the global pre-wired system market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America
• North America is anticipated to hold a significant share of the global pre-wired system market during the forecast period. It is estimated to be followed by Europe, due to high demand for pre-wired systems in the region.

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3D Imaging Market Application, Trends Analysis & Forecast to 2027

The global 3D imaging market is foreseen in a report by Transparency Market Research (TMR) to bear a vendor landscape that carries a vastly intense level of competition between individual players. According to TMR analysts, the market could be highly consolidated due to the presence of fewer popular and firmly established companies. Most players are anticipated to adopt three key business strategies to cement their position in the market, i.e. expanding product portfolio, facilitating product differentiation, and participating in mergers and acquisitions.

The competition could level up with the entry of new players in the global 3D imaging market. Philips Healthcare, Hewlett-Packard Corporation, and Lockheed Martin Corporation are some of the top players operating in the market.

As per TMR, the global 3D imaging market could be valued at a US$ 73.01 bn by the completion of 2027. On the basis of end-use industry, the market is predicted to find healthcare securing a lion’s share in the coming years. With respect to region, North America could reach to a stronger market value by the end of the forecast period 2019-2027.

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Rising Prevalence of Chronic Diseases Stimulates Demand for 3D Imaging in Healthcare

The world 3D imaging market is foretold to attain massive growth on the back of widespread use of the technology in the automotive and healthcare industries. 3D imaging is extensively used in provision of treatment, diagnosis of diseases, research, surgery, and other individual domains in the healthcare industry. Demand for efficient technologies such as 3D imaging in healthcare is stoked by increasing incidence of heart disease and cancer and rising frequency of complex surgeries. Even in the field of medicine, 3D imaging is considered to be a highly useful technology.

3D imaging also finds application in other industries for designing a range of technologies including drones, robots, automobiles, and gadgets. Thus, any growth in these industries could mean a positive sign for the world 3D imaging market.

High Initial Setup Cost Discourages Small Businesses to Adopt 3D Imaging Equipment

The international 3D imaging market is expected to showcase a great potential for expansion in the near term. However, limited funding available to small businesses and expensive initial cost of setting up 3D imaging equipment could raise fears of reduced growth in the market. Moreover, low awareness about the use of the technology and lack of skilled professionals are envisaged to hamper the demand in the market. Nonetheless, players could bank on opportunities created with the introduction of innovative and cost-effective variations of 3D imaging in the global market.

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The information presented in this review is based on a TMR report, titled “3D Imaging Market (End-use Product - 3D Cameras (Time of Flight, Stereo Vision, and Structured Light), Sonography (Sonars and Ultrasound), and Smartphones; 3D Image Sensor - CMOS and CCD; Application - 3D Modeling, 3D Scanning, Layout and Animation, 3D Rendering, and Image Reconstruction; End-Use Industry - Entertainment, Healthcare, Architecture and Engineering, Industrial Application, and Security and Surveillance) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 - 2027.”

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