Automatic Labeling Machine Market expected to reach $2.9 billion by 2024

 

According to the new market research report “Automatic Labeling Machine Market by Type (Self-Adhesive/Pressure-Sensitive Labelers, Shrink Sleeve Labelers and Glue-Based Labelers), Industry (Food & Beverages, Pharmaceuticals, Consumer Products, Personal Care), Geography - Global Forecast to 2024”, the automatic labeling machine market is expected to be valued at USD 2.5 billion in 2019. It is expected to grow USD 2.9 billion,at a CAGR of 3.6% from 2019 to 2024. The factors that are driving the growth of the market include the increasing demand for automation in the food industry and the growing need for packaging solutions.

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Browse 35 market data Tables and 37 Figures spread through 122 Pages and in-depth TOC on "Automatic Labeling Machine Market - Global Forecast to 2024"

Major players included in the automatic labeling machine market are Krones (Germany), SACMI (Italy) and Sidel (Italy). The other key players in this market include companies such as HERMA (Germany), KHS (Germany), Fuji Seal (Japan), ProMach (US), Marchesini Group (Italy), IMA Group (Italy), Accutek (US), and Barry-Wehmiller (US), among others.

“Shrink-Sleeve labelers expected to grow at the highest CAGR in global automatic labeling machine market“

Shrink sleeve labelers are a relatively new type of machine in the automatic labeling machine market which has been making a name for itself in the label industry as these machines uses labels which leads to full body design allowing for more graphics, impact, and color. The shrink-sleeve labelers are booming in the market as the sleeve film is sensitive to light, abrasion resistant, durable, and waterproof. These labels can be easily removed from the containers and bottles, allowing the container/bottle to be reused. The sleeve film is environment-friendly as there is no need for glue which does not lead to any hazardous waste and this film is easily recyclable. Although the shrink sleeve labelers are most costly than other labeling machines, it is the best way to provide the maximum brand promotion and awareness among the customers.

“Food & beverages industry is expected to exhibit the highest growth from 2019 to 2024”

The fast-changing food & beverages industry across the world requires automatic labeling machines to a great extent. Improved economic conditions in emerging countries, purchasing parity, increasing health awareness, change in dietary habits, rising demand for nutritious food, and adoption of automated technology in labeling are the significant factors which are expected to further fuel the growth of global food & beverages processing and packaging machinery industry.

“APAC expected to be the fastest-growing automatic labeling machine market from 2019 to 2024”

The market in Asia Pacific is expected to grow at the highest CAGR during the forecast period. The growth of the market during the forecast period is expected due to the development of the packaging machinery industry, demand for automated labeling solutions, increasing consumer awareness regarding packaging, the demand for packaging in the food industry, and the need for high speed & high-quality labeling solutions. On the other hand, China and Taiwan were the major markets in Asia Pacific in 2018 as they are one of the major exporters of the low-speed machines capturing the large share of the market.

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Next-Generation Data Storage Market worth $81.0 billion by 2025

 

The report "Next-Generation Data Storage Market by Storage System (Direct-Attached, Network-Attached, Storage Area Network), Storage Architecture (File- & Object-Based, Block), Storage Medium (SSD, HDD, Tape), & End User - Global Forecast to 2025", is estimated to grow from USD 53.9 billion by 2020 to USD 81.0 billion by 2025 at a CAGR of 8.5%. The major drivers for this market include the massive growth in digital data volume; proliferated use of smartphones, laptops, and tablets; growth of IoT market; and increasing penetration of high-end cloud computing.

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Browse 179 market data Tables and 66 Figures spread through 221 Pages and in-depth TOC on "Next-Generation Data Storage Market - Global Forecast to 2025"

The companies profiled in this report are Hewlett Packard Enterprise Company (US), Dell Inc. (US), NetApp, Inc. (US), Hitachi, Ltd. (Japan), and International Business Machines Corporation (US), Toshiba  Corporation (Japan), Pure Storage, Inc. (US), Nutanix, Inc. (US), Scality  (US), Micron Technology, Inc. (US), Tintri, Inc. (US), Cloudian, Inc. (US), Drobo, Inc. (US), Quantum Corporation (US), Western Digital Corporation (US), Samsung Electronics (South Korea), Fujitsu Ltd. (Japan), VMware, Inc. (US), Nexenta Systems, Inc. (US), and Netgear Inc. (US), and Inspur (China).

Storage area network to hold largest share of next-generation data storage market during forecast period

Storage area network is expected to hold the largest share of the next-generation data storage market during 2020–2025. As an increasing number of companies have started utilizing cloud-based services to store their data with the use of virtual servers, companies aim to expand their storage capacities beyond existing infrastructural capabilities. SAN technology is widely used by cloud technology creators due to its ability to connect large numbers of servers to storage devices.

Growing data generation by large enterprises is expected to drive the market for File- and object-based storage architecture

File- and object-based storage (FOBS) is expected to hold the largest share of the next-generation data storage market during 2020–2025. Rapidly growing data generation by large enterprises is leading to an increased need for FOBS to manage those huge volumes of data. These huge volumes of structured and unstructured data, including photos, videos, audio files, and other media, are generating considerable market opportunities for file-and object-based storage market players.

North America to hold largest size of next-generation data storage market during forecast period due to rapid technological advancements in the region

North America is expected to account for the largest share of the market by 2020. The increasing volume of unstructured data across various industries and rapid technological advancements have led to an increased demand for the secure, reliable, and cost-efficient storage infrastructure in North America. The region, being the early adopter of advanced data storage technologies, captures the largest share of the next-generation data storage market.

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Automatic tube cleaning system Market worth $130.5 million by 2023

 According to the new market research report "Automatic Tube Cleaning System Market by Type (Ball, and Brush), Industry (Power Generation, Oil & Gas, Commercial Space, Hospitality), and Region (North America, Europe, Asia Pacific, and Rest of the World) - Global Forecast to 2023", The automatic tube cleaning system market is estimated to grow from USD 104.6 million in 2018 to USD 130.5 million by 2023, at a CAGR of 4.53% between 2018 and 2023. The key driving factor for the growth of the automatic tube cleaning system market is the improvement in operational efficiency of HVAC systems due to automatic tube cleaning system installation. Offices, hospitals, hotels, living spaces, and airports are a few major energy consuming sectors of HVAC systems that are installed to improve ambient comfort levels and environmental quality. Shell and tube condensers, as well as heat exchangers, play a vital role in power generation, oil refining, industrial processing, and HVAC comfort cooling. Different types of fouling appear in the air-conditioning system, namely, particulate fouling, scaling, corrosion, and biofouling. All of these foulants, owing to localized corrosion, reduce the heat transfer efficiency of heat exchangers, thereby leading to early equipment failure. Hence, automatic tube cleaning systems are installed to avoid fouling and improve efficiency.

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TAPROGGE (Germany), Hydroball (Singapore), Ovivo (US), WesTech (US), BEAUDREY (France), Ball Tech (Israel), Nijhuis (Netherlands), WSA Engineered Systems (US), and Watco (Singapore) are a few major companies in this market.

Browse 32 market data Tables and 26 Figures spread through 84 Pages and in-depth TOC on "Automatic Tube Cleaning System Market - Global Forecast to 2023"

Ball type automatic tube cleaning system is expected to hold larger market share during 2018–2023

Ball-type automatic tube cleaning systems are ideal for large heat exchangers in oil & gas plants, power plants, desalinization plants, and petrochemical and refining plants. Fouling can be harmful to the equipment and can decrease the efficiency of heat exchangers. Unlike the brush-type tube cleaning system, ball-type is an inline cleaning system, which means that there is no need to shut down the plant for periodic cleaning of heat exchanger tubes or interrupt the plant operation.

Power generation industry is expected to grow at highest CAGR owing to extensive use in maintaining the efficiency of the heat exchangers used in the power generation industry

In the power plant, water-based cooling systems necessarily suffer from fouling of heat exchanger surfaces. This leads to a reduction in efficiency, which, in turn, increases energy use, emission of CO2 and NOx, and operating costs. Thus, fouling reduces chiller heat transfer efficiency and increases energy consumption in the power plant, which can lead to a dramatic loss in unit output, unit availability, and revenue. Hence, automatic tube cleaning systems are installed to enable power plants to generate electricity at maximum efficiency by removing suspended solids automatically and continuously

APAC is expected to hold largest market size, owing to growing need for energy saving and improving operational efficiency in various industries drives the market for automatic tube cleaning systems in APAC.

China and India are among the major countries in APAC having a significant number of coal-fired power plants. Easy availability of coal makes thermal power a preferred source of electricity generation. Increasing population and rapidly growing industrialization have made China the largest electricity producer in the world. China, being a global manufacturing hub, holds the immense potential for the growth of the automatic tube cleaning system market. Japan has reinstated its faith in coal-fired power plant and it planned to have 25% share of coal-fired power plant in its energy mix by 2030 as compare to earlier target of 10%. Moreover, it has also brought 8 power plant online in past two years. This drives the market for automatic tube cleaning systems in APAC.

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Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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Radar Level Transmitter Market worth $581.2 million by 2023

 

According to the new market research report "Radar Level Transmitter Market by Technology (Contact (Guided Wave Radar), Noncontact (Pulsed & FMCW)), Frequency (C & X, K, and W Band), Application (Liquids, Solids), Industry (Oil & Gas, Chemicals, Food & Beverages), and Region - Global Forecast to 2023", the radar level transmitter market is expected to grow from USD 428.0 million in 2018 to USD 581.2 million by 2023, at a CAGR of 6.3% from 2018 to 2023. Benefits of high accuracy, reliability, and stability offered by radar level transmitters; increasing demand for radar level transmitter in the water & wastewater industry; and growing emphasis on optimum utilization and efficiency of assets are some of the factors driving the growth of the radar level transmitter market.

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The radar level transmitter market was dominated by the key players such as Endress+Hauser (Switzerland), Emerson Electric (US), VEGA Grieshaber (Germany), Siemens (Germany), and KROHNE (Germany).

Browse 66 market data Tables and 56 Figures spread through 145 Pages and in-depth TOC on "Radar Level Transmitter Market - Global Forecast to 2023"

Noncontact radar level transmitters is estimated to hold the largest size of the overall radar level transmitter market in 2018

Noncontact radar level transmitters is estimated to hold the largest market size, in terms of value, in 2018. The oil & gas and chemicals industries are highly dependent on proper level control to ensure safety and efficiency. Level measurement instruments required in these industries must operate in explosive/flammable and acidic/basic environments; noncontact radar level transmitters are a suitable option here as they can safely, reliably, and accurately perform under such hazardous conditions. Moreover, the performance of noncontact radar level transmitter is unaffected by contaminants and can produce highly accurate measurements in storage tanks and process vessels. Growing adoption on noncontact transmitters in these industries as an easy-to-use and low-maintenance level measurement solution is expected to drive the demand during forecast period.

K band radar level transmitters is estimated to be the largest noncontact radar level transmitter market in 2018

K band radar level transmitters are the most widely used transmitters in process industries. These transmitters operate in the frequency range of ~26 GHz. They have a more focused beam angle and smaller process connection sizes than C and X band radar level transmitters. Such transmitters are ideal for use in tanks and vessels with moderate process conditions and long distance applications with smooth surfaces. K band radar transmitters are mostly used for level measurement of lower dielectric products, and they offer accurate level measurement under conditions of condensation, vapor, dust, foam, etc. However, the performance of such transmitters is affected by heavy vapors (e.g., anhydrous ammonia and vinyl chloride monomer) and dense foam (e.g., latex and molasses).

Liquids, slurries, and interface measurement applications expected to dominate the radar level transmitter market from 2018 to 2023

A majority of radar level transmitters are used for level measurement of liquids, slurries, and interfaces. Since guided wave radar level devices have no moving parts, they require minimum maintenance; these transmitters can measure both level and interface between 2 media. Noncontact radar level transmitter devices require no direct contact with liquid media, owing to which, they are used for measuring a wide variety of hazardous liquids, such as heated heavy asphalt and cryogenic liquefied gases like liquefied natural gas (LNG).

Oil & gas industry to dominate the radar level transmitter market from 2018 to 2023

The oil & gas industry is the key end user in the radar level transmitter market. Radar level transmitters are used for a variety of processes in the oil & gas industry, including level monitoring to check for toxins such as methanol, isopropanol, ethylene glycol monobutyl ether (2-butoxyethanol), ethylene glycol (1,2-ethanediol), hydrotreated light petroleum distillates, and sodium hydroxide (caustic soda). Radar level transmitters provide a high-performance and cost-effective means for continuous level measurement in the oil & gas industry. Other applications of radar level transmitters in the oil & gas industry include monitoring effluent tanks, oil separators, and hydraulic oil tanks.

North America to dominate the radar level transmitter market from 2018 to 2023

North America is expected to dominate the global radar level transmitter market during the forecast period. The US and Canada are the major contributors to the growth of the radar level transmitter market in North America. Rapid growth in shale-gas production and innovations in oil & gas extraction processes are the key factors driving the demand for radar level transmitters in North America. It is a developed region in terms of manufacturing processes; it has well-established industries such as oil & gas, food & beverages, and chemicals. Moreover, industrial and wastewater treatment contributes to the growth of radar level transmitter market and is one of the major markets in North America.

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Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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Augmented Reality Market expected to reach $72.7 billion by 2024

 

The report "Augmented Reality Market by Offering (Hardware (Sensor, Displays & Projectors, Cameras), Software), Device Type (Head-mounted, Head-up), Application (Enterprise, Consumer, Commercial, Healthcare, Automotive), and Region - Global Forecast to 2024", is estimated to grow from USD 10.7 billion in 2019 and projected to reach USD 72.7 billion by 2024; it is expected to grow at a CAGR of 46.6% from 2019 to 2024. The healthcare sector has witnessed rapid technological advancements over the years, and various kinds of advanced imaging equipment have been introduced in the healthcare sector. The healthcare sector has one of the most important and practical applications of AR in the current market scenario.

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Browse 102 market data Tables and 46 Figures spread through 191 Pages and in-depth TOC on "Augmented Reality Market - Global Forecast to 2024"

“AR HUDs is the most attractive segment that is gaining attention in augmented reality market”

The use of AR HUDs in automobiles ensures comfort and safe driving. AR-based HUDs allow drivers to see the virtual information projected on the display. The rising demand for AR HUDs and projectors is driving the AR market. AR-based HUD technology also enables advanced driver assistance systems (ADAS) with visual warning features. The optical system of AR-based HUDs shows a realistic view of the surroundings, provides lane departure warning, assists in lane guidance control, displays information on fuel level and distance between vehicles, and indication for parking space availability in real time to the driver.

“Augmented reality market in APAC expected to grow at highest CAGR during forecast period“

The augmented reality market in Asia Pacific is expected to grow at the highest rate in sectors such as healthcare, commercial, and consumer. The increasing number of AR players in the region would boost the growth of the AR market. The high growth in commercial and consumer markets is driving the growth of the AR market in APAC. The region is an attractive market for cell phones, tablets, laptops, and television manufacturers. Companies such as Samsung and LG are based in South Korea, while Sony, Sharp, and Panasonic are based in Japan. APAC registers the highest demand for consumer electronics such as smartphones, tablets, laptops, and TVs owing to the high growth witnessed by emerging economies such as China and India, and positive growth by other APAC countries such as Taiwan, Indonesia, Singapore, and Malaysia.

Major players in the augmented reality market are Google, Inc. (US), PTC, Inc. (US), Microsoft Corporation (US), Seiko Epson (Japan), Lenovo (China), Wikitude GmbH (Austria), Vuzix (US), Daqri Llc (US), Magic Leap, Inc. (US), Zugara, Inc. (US), Blippar (UK), Upskill (US), and Maxst (South Korea). Other players operating in the augmented reality market include Atheer, Inc. (US), Pristine, Inc. (US), Marxent Labs, Llc. (US), Inglobe Technologies (Italy), Meta Company (US), Augment (France), Niantic (US), Sixense Entertainment (US), Intel Corporation (US), Apple Inc. (US), Infinity Augmented Reality, Inc. (Israel), Facebook Corporation (US), Samsung Electronics Co. Ltd. (South Korea), Realwear (US), Dynabook Americas, Inc. (US), and Optinvent (France).

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MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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Top 5 Reasons to Use a Project Management Software

 

Project management software enables the project managers and other team members in planning, managing, and delivering projects of all sizes and kinds. It has been created in such a way that a team can plan and store project tasks and events, make agendas and deadlines, address project challenges, allocate and manage project-related expenses, support project members, manage quality, bring together project teams, and manage human resources as well as project updates. The Best Project management software enables the organizations to handle their projects throughout the stages of the project lifecycle, right from project ideation and commencement to project implementation and conclusion.

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MAJOR USES OF PROJECT MANAGEMENT SOFTWARE 

Planning
A project management software helps a user in planning the approach of a project from its ideation to its completion. It further helps in visualizing the activities that are co-dependent, summarizing the project agenda and setting up deadlines, and sorting of crucial tasks and assigning relevant resources to each task.

Task Management
One of the major functions of a project management software is to assist users in managing tasks and monitoring them as well. This is the main functionality that project managers look for in a project management software. This function can be used right from the unit level to the macro level. The users can deploy a robust software for complicated projects or simple software for small projects. This software enables the team to manage staff and resources, tasks, delivery deadlines, and results. The best Project Management Software usually come equipped with a visual interface that allows users to know more about the team’s skills and assign them with relevant tasks accordingly.

Collaboration
For a successful completion of a project, it is important for the team members to work in collaboration with other team members, dealers, senior leadership, and other participants. This collaboration can be possible amongst team members operating from the same location or from different locations but working on the same project. There are several project management software that offer robust tools and functionalities, allowing users to share and store documents, interact with each other over cloud via multiple channels including VoIP, email, IM, wikis, etc.

Manage Priorities
A project may at times diverge from the agreed plan due to an unexpected event or additions or modifications to the project. In such a situation, it is important that the project members are well aware of the tasks to be completed. Most of the project management software come equipped with a basic calendaring feature, which allows team members to complete deliverables on time by arranging agendas of teams that work on co-dependent tasks. The users can also monitor and sort the tasks that may be important for other tasks during planning and halfway through the project, when changes can impact the original plan.

Address Issues
The projects that are highly technical and complicated may encounter problems that can affect the project delivery deadlines or the entire deliverable. These issues can be anything from bugs to breakdowns or gaps that arise after the completion of a task or project. Some dedicated project management software come with a capability to track bugs and identify the root cause of the problem, which further helps users in addressing the issue within time.

The aforementioned uses of project management software help in keeping all the project members focused. With new technologies and innovations comping up every day, an assortment of templates is readily available, which helps in managing projects right from the ideation till the time they are delivered.

Deploying a project management software can prove to be beneficial for the business as well as the employees, especially with the growing size of businesses and more and more people being associated with it. The best project management software helps in improving performance, workflows, enhances team collaboration, etc. It has certainly become an essential tool for the successful completion and delivering projects with utmost efficiency.

 

Water Quality Monitoring Market worth 4.69 Billion USD by 2025

 

According to the new market research report "Water Quality Monitoring Market by Product Type (TOC Analyzers, pH Meters, Dissolved Oxygen Analyzers, Conductivity Sensors, Turbidity Meters), Application (Laboratories, Industrial, Commercial Spaces, Government Buildings), and Region - Global Forecast to 2025", the Water Quality Monitoring Market was valued at USD 2.95 Billion in 2015 and is expected to reach USD 4.69 Billion by 2025, growing at a CAGR of 4.54% between 2016 and 2025. The major factor driving this market is the development of government policies and initiatives to protect the environment from the adverse effects of pollution. This drives the adoption of pollution monitoring instruments across the globe.

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The key players in the water quality monitoring market are General Electric Company (U.S.), Horiba, Ltd. (Japan), Danaher Corporation (U.S.), and Agilent Technologies (U.S.), among others.

Browse 47 market data tables and 42 figures spread through 157 Slides and in-depth TOC on “Water Quality Monitoring Market - Global Forecast to 2025”

Laboratory application expected to hold the largest share of the water quality monitoring market during the forecast period

The laboratory application is expected to hold the largest share of the market during the forecast period owing to the increasing concerns regarding environmental issues such as the level of pollutants and the presence of specific microbes in water. Owing to this, monitoring and testing tasks are an important approach to deciding the water quality parameters and assessing the impact on the human health and the environment.

Water quality monitoring market for TOC analyzers expected to grow at the highest rate during the forecast period

The market for TOC analyzers is expected to witness high growth owing to their versatile applicability and increased attention on environmental issues such as water pollution and water contamination.

Europe expected to hold the largest share of the market during the forecast period

The water quality monitoring market is expected to grow exponentially in Europe. The water quality monitoring activities are conducted in this region because of the increased awareness about water pollution and contamination.

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M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

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