What You Need To Know About The Microwave Devices Market worth $9.0 Billion Study Analysis

 

The report "Microwave Devices Market by Product (Active Devices, Passive Devices), Frequency (Ku-band, C-band, Ka-band, L-band, X-band, S-band), End User (Space & Communication, Military & Defense, Healthcare), and Geography - Global Forecast to 2027", is projected to grow from USD 6.7 billion in 2021 to USD 9.0 billion by 2027; it is expected to grow at a CAGR of 5.1% from 2021 to 2027.

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The growth of the microwave devices market is driven by rising military & defense expenditure, growing need for secure and fast communications, and rising demand for microwave devices in patient monitoring. The advent of digital communication has increased the number of satellites to cater to the voluminous data or digital transmission of voices through single communication channels. Thereby creating revenue generating opportunities for the microwave devices market. The rising penetration of 5G and IoT infrastructure, miniaturization of devices, soaring need for effective and non-radioactive patient treatments, and technological breakthroughs in microwave equipment pertaining to the materials used is expected to attract lucrative opportunities for the microwave devices market.

The active devices segment of microwave devices market is expected to hold the biggest market share during the forecast period.

The high usage of active microwave devices in various defense and space electronics has led to the segment’s growth. Active devices are widely used for detecting, mixing, amplifying, filtering, and switching microwave signals in standalone equipment. The increasing investments in R&D by the market players to design advanced devices that are compatible with high-speed connectivity requirements are expected to fuel the growth of the active devices segment.

The Ku-band segment is expected to grow at the highest CAGR during the forecast period

The ability to adjust the uplink and downlink, as well as relatively less incurred cost, is expected to increase the deployment of Ku-band microwave devices. Ku-band has been a pioneer in implementing high-speed communication channels, as it has lower throughput and is less susceptible to attenuation. Furthermore, it has shorter wavelengths, improved spot beam coverage, and requires less investment.

The space & communication segment is expected to grow at the highest CAGR of the microwave devices market during the forecast period.

The increase in the number of high-throughput satellites (HTS) and rising investments in space and related exploration activities are expected to drive the growth for the space & communication segment. The growing prominence of real-time video and audio streaming services has led to an increase in the use of microwave devices in space & communication domain.

North America region is expected to hold the largest share of microwave devices market during the forecast period.

On account of the rapid deployment of microwave devices in their warfare equipment, the US and North American microwave devices market is expected to foresee immense opportunities over the forecast period. The US military has emerged as one of the most technologically advanced armed forces in the world, equipping modernized warfare infrastructure.

The key players operating in the Microwave Devices market include Thales Group (France), L3 Harris, Technologies, Inc. (US), Teledyne Technologies Incorporated (US), Qorvo, Inc. (US), and CPI International, Inc. (US).

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Defect Detection Market Is Growing Quickly: Here's What You Need To Know

 

The report "Defect Detection Market with COVID-19 Impact Analysis, by Offering (Hardware (Camera, Optics, and Processor), Software (Traditional and Deep-Learning); and Service), Application (Manufacturing, Packaging), Vertical, and Geography - Global Forecast to 2026", is estimated to grow from USD 3.5 billion in 2021 to USD 5.0 billion by 2026 at a CAGR of 7.5% during 2021–2026. The growth of the defect detection market is driven by factors such as strong focus of manufacturers on automating quality control and quality assurance processes; stringent health and safety measures imposed by governments and standards organizations on global manufacturing firms; and high demand for application-specific integrated circuits (ASICs). However, dearth of skilled professionals in manufacturing factories is restraining the growth of the market.

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The hardware segment to hold the largest market share in 2026

The hardware segment of the defect detection market is estimated to register the largest market share in 2026, by offering. Hardware type in defect detection systems include cameras, frame grabbers, optics, and processors. Major factors driving the growth of the market are rapid industrialization in emerging economies, increasing adoption of automated visual inspection systems in manufacturing, and increasing wages in various countries.

The manufacturing application to register higher CAGR during the forecast period

The defect detection market for manufacturing is projected to register the higher CAGR during the forecast period, by application. The manufacturing application requires defect detection of cosmetic defects on all types of surfaces, which are difficult to inspect with conventional rule-based machine vision algorithms and human eye. Industries have realized the importance of quality assurance in manufacturing processes, resulting in the widespread acceptance of defect detection as an integral part of the long-term automation development process. The use of defect detection throughout an automated production process further helps identify complex defects in a short span of time. This, in turn, helps in reducing costs and improving response time and quality. Also, increasing adoption of defect detection system based on deep learning and AI in manufacturing to expedite the inspection of products and to facilitate prompt detection of defects is also driving the market growth.

The electronics & semiconductors segment to hold the largest market share in 2026

The electronics & semiconductors segment of the defect detection market is estimated to register the largest market share in 2026, by vertical. In the electronics & semiconductors vertical, apart from cosmetic defects such as scratches, dents, shade variations, smeared labels and strands of human hair, functional defects such as bent pins on ports and connectors, untightened screws, missing components, and wrong barcodes also need to be detected to produce fewer defective products and improve quality production.  Increasing demand for high-speed assembly inspection where the throughput of components is rapid and growing need to comply with stringent quality standards is driving the growth of the electronics & semiconductors segment. Moreover, the industry is increasingly manufacturing semiconductor wafers with thickness in nanometers; this will increase the demand for defect detection systems in the coming years.

 APAC to register  higher CAGR during the forecast period

The market in APAC is expected to grow at the highest CAGR during the forecast period. Countries in APAC, such as China, Japan, India, and South Korea, have some of the largest manufacturing facilities, wherein automation has been accorded the highest priority. Rapid industrialization, presence of well-established semiconductors, food & packaging, and automotive industries are likely to drive the market growth. Also, various government initiatives such as “Make in India” to encourage large and medium-sized enterprises are fueling the market growth in APAC. Manufacturers in this region are exceedingly investing in the R&D and implementation of Industrial Internet of Things (IIoT) and other industrial automation solutions.

Key players in the defect detection market include Microsoft (US), IBM (US), Amazon Web Services (US), OMRON Corporation (Japan), Cognex Corporation (US), Teledyne Technologies (US), ISRA VISION (Germany), KEYENCE (Japan), Datalogic (Italy), and Matrox Electronic Systems (Canada). These players have adopted product launches and developments, agreements, partnerships, collaborations, and acquisitions to grow in the market.

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Atomic Force Microscopy Market Share worth $631 Million Impact Analysis

 

According to a research report "Atomic Force Microscopy Market with COVID-19 Impact Analysis, Offering, Grade (Industrial, Research), Application (Material Science, Life Sciences, Semiconductors and Electronics, Academics), and Region - Global Forecast to 2026" published by MarketsandMarkets, the atomic force microscopy market is projected to grow from USD 489 million in 2021 to USD 631 million by 2026; it is expected to grow at a CAGR of 5.2% during the forecast period. The applications of atomic force microscopy include materials science, life sciences, semiconductors and electronics, academics, and others (that include solar cells, geoscience, forensic science, and food technology). The market growth can primarily be attributed to committed support from several governments to promote nanotechnology and nanoscience research and development, and high demand for 3D ICs from the semiconductor and electronics industry.

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AFM segment to account for the largest share of the atomic force microscopy market in 2021

In terms of value, the AFM segment is expected to hold a dominant share of the market in 2021 and is also expected to register the highest CAGR during the forecast period. This is primarily because AFMs are much more expensive than probes and cost no less than USD 100,000 (ASP of some AFMs even exceed USD 500,000). An atomic force microscope is one of the most versatile and dominant equipment for studying samples beyond nanoscales. It is versatile because it can obtain three-dimensional topography, and it also meets the requirements of scientists and engineers by offering measurements for several types of surfaces.

Industrial grade AFM to register higher share in the AFM market during the forecast period

The industrial grade atomic force microscopy market is expected to hold the larger share as well as grow at a higher CAGR during the forecast period. This is because industrial grade AFM are more in demand owing to their high precision in detecting and visualizing even the smallest surface structures compared to research grade AFM. Industrial AFM are used by original equipment manufacturers (OEMs) and suppliers in the automobile, semiconductor, and nanotechnology-based industries to fabricate nanoscale imaging instruments that find applications in pathology and clinical research.

Material science segment to register the highest share for atomic force microscopy market in 2021

The material science segment is expected to hold the largest market share throughout the forecast period. For materials science research, AFM acts as a powerful tool as it deals with the discovery and design of new materials, including polymers, metals, alloys, ceramics, and biomaterials. The semiconductors and electronics segment is expected to grow at the highest CAGR during the forecast period. Atomic force microscopy can assist in the nanometer-scale characterization of semiconductor materials and devices. It also provides feedback for both electrical failure analysis and physical failure analysis, as well as tribological, mechanical, and interfacial analysis of devices, which is becoming an important metric for quality control.

The emergence of the global COVID-19 pandemic has affected the atomic force microscopy market. Most end-use applications using AFMs have been affected by this crisis. For instance, life sciences applications exhibited the highest growth from 2019 to 2020 in light of the ongoing pandemic, while the semiconductor and electronics application segment witnessed a significant decline from 2019 to 2020. However, it is expected that the life sciences application will return to normal growth levels while semiconductor and electronics segment will showcase the highest growth during the forecast period as the impact of the pandemic starts minimizing.

Market in APAC, estimated to have the largest share during the forecast period

APAC is likely to dominate the market during the forecast period. Component suppliers in APAC provide opportunities to key players to outsource their microscopy products as a cost-saving strategy. Major market players are outsourcing the production process of their microscopes to local manufacturers in emerging markets in APAC. These local manufacturers provide equipment, facilities, and labor at a lower cost, thereby offering high returns on investments to manufacturers and lowering the production costs of atomic force microscopes. Moreover, growing R&D funding for the development of microscopes, increasing nanotechnology research, and growing expertise and academic excellence, along with the availability of nanomaterials at a lower cost, are other factors supporting the market growth.

Major vendors in the atomic force microscopy market include Bruker (US), Park Systems (South Korea), Oxford Instruments (UK), Horiba (Japan), Hitachi High-Tech (Japan), Nanosurf (Switzerland), WITec (Germany), NT-MDT Spectrum Instruments (Russia), NanoMagnetics Instruments (UK), Nanonics Imaging (Israel), AFM Workshop (US), Attocube Systems (Germany), Anton Paar (Austria), Semilab (Budapest), Concept Scientific Instruments (France), Nano Scan Technologies (Russia), RHK Technologies (US), GETec Microscopy (Austria), Advanced Technologies Center (Russia), Nanoscience Instruments (US), Anfatec Instruments (Germany), Integrated Circuit Scanning Probe Instruments Corporation (Canada), Tokyo Instruments (Japan), and Molecular Vista (US).

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Metal-air Battery Market worth $993 Million USD by 2027, at a CAGR of 14.8%

 

The report "Metal-air Battery Market by Metal (Zinc, Lithium, Aluminum, Iron), Voltage, Type (Primary, Secondary), Application (Electric Vehicles, Military Electronics, Electronic Devices, Stationary Power) and Region - Global Forecast to 2027" The metal-air battery market is projected to grow from USD 498 million in 2022 to USD 993 million by 2027, at a CAGR of 14.8% during the forecast period. The escalated need for high energy density solutions and the inherent properties of metal-air batteries are key factors boosting the growth of the market.

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By metal, zinc segment is estimated to lead metal-air battery market in 2022.

Zinc-air batteries have high energy density but low power. These batteries are generally primary batteries; however, rechargeable designs for high-power applications are being developed that can be recharged by replenishing the zinc anode and electrolyte. Zinc-air batteries with high volume energy densities have the advantage of low cost and high safety. Electronic devices are expected to continue to lead the global zinc-air battery market during the forecast period. Non-rechargeable zinc-air batteries are popular for their high energy density. Developments carried out by market participants in rechargeable zinc-air batteries could make these batteries an ideal solution for other applications such as wearable devices and consumer electronics.

By application, electronic devices segment is estimated to account for largest market share during forecast period.

By application, the electronic devices segment accounted for the largest share of the metal-air battery market in 2021. Metal-air batteries are increasingly used in electronic devices due to the increased demand for safe, eco-friendly, cost-effective, and efficient energy storage solutions. Metal-air batteries are in high demand for electronic devices such as hearing aids and watches because they offer better durability and more energy storage than other batteries.

Asia Pacific estimated to lead metal-air battery market from 2022 to 2027.

Asia Pacific is estimated to account for the largest share of the metal-air battery market in 2022 owing to technological advancements in the wearable device and consumer electronics sectors in this region. The major manufacturers of wearable devices and consumer electronics based in the region, such as Samsung (South Korea), LG Electronics (South Korea), and Panasonic (Japan), are developing next-generation flexible devices. These devices require power sources that are not only small but also have high energy density to complement the product design; these requirements are fulfilled by metal-air batteries.

GP Batteries International (Hong Kong), Arotech Corporation (US), Energizer Holdings (US), Duracell (US), and Renata SA (Switzerland) are major players in the metal-air battery market globally.

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Industrial PC Market worth $6.1 Billion USD by 2026, growing at a CAGR of 5.8%

 

According to a research report "Industrial PC Market with COVID-19 Impact Analysis by Type (Panel, Rack Mount, Box, Embedded, and DIN Rail), Specification, Sales Channel (Direct, Indirect), Industry (Process, Discrete), and Region - Global Forecast to 2026" published by MarketsandMarkets, the global industrial PC market size is estimated to reach USD 6.1 billion by 2026 from USD 4.6 billion in 2021, growing at a CAGR of 5.8%. The market growth is fueled by increasing demand for industrial IoT, a steady shift towards digitalized manufacturing from traditional methods, growing awareness for resource optimization in manufacturing industries, and stringent regulatory compliances.

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“Panel IPC to hold the largest size of the industrial PC market from 2021 to 2026.”

Panel industrial PCs are the most commonly used industrial PCs in the process and discrete industries for data acquisition and process control operations. These PCs are designed to operate in rugged industrial environments to meet the requirements of visualization applications in the manufacturing industries. The distinctive features of panel industrial PCs include compact chassis, high performance, enhanced flexibility, improved safety control, and user-friendly touchscreens.

“Direct sales market for industrial PC to grow at higher CAGR during the forecast period”

The direct sales channel offers various advantages to the industrial PC manufacturers; they cater to the customization requirements of the end-user industries and eliminate resellers’ markup and the costs and risks associated with carrying large finished goods inventories. Due to these factors, the market for direct sales channels is expected to grow at the highest rate during the forecast period.

“Industrial PC market for discrete industries to grow at higher CAGR from 2021 to 2026”

The discrete industries are often characterized by the production of individual or separate units; wherein units can be produced in low volume with high complexity or high volumes with low complexity. The increasing demand for improved process flexibility and enhanced efficiency, comprehensive integration of quality and regulatory requirements, harmonized production processes for optimum supply chain management, and the constant pressure of reducing maintenance and operation costs in the discrete industries are expected to propel the adoption of industrial PCs in these industries in the near future. In addition, the advent of novel technologies and materials, an increasing number of market players venturing in the markets, and rising necessity of sustained plant productivity and efficiency, among others, are expected to fuel the growth of the industrial PC market for the discrete industries.

“APAC to be the fastest-growing market for industrial PCs during forecast period”

The industrial PC market in APAC is expected to grow at the highest CAGR during 2021—2026. Rapid industrialization, increasing infrastructural investments in the energy & power sector, and favorable government policies encouraging foreign players to enter the industrial PC market in APAC are expected to augment the growth of the market during the forecast period. The high-tech medical devices manufacturing companies are actively focusing on geographical expansions due to the growing demand for healthcare services, increasing concern pertaining to health, and rising investments in R&D. This is likely to fuel the growth of the industrial PC market in APAC during the forecast period.

Major players involved in the global industrial PC market include Advantech (Taiwan), Beckhoff Automation (Germany), Siemens (Germany), IEI Integration Corporation (Taiwan), Kontron S&T (Germany), Nexcom International (Taiwan), B&R Automation (Austria), Avalue Technology (Taiwan), DFI (Taiwan), and American Portwell Technology (US).

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Infrared Detector Market worth $619 Million USD by 2026, at a CAGR of 6.8%

 

According to the new market research report "Infrared detector Market with COVID-19 Impact Analysis by type (MCT, INGaas, Pyroelectric, Thermopile, microbolometer), Technology (Cooled and Uncooled ), Wavelength (NIR & SWIR, MWIR, LWIR), Application, Vertical and Geography - Global Forecast to 2026", The overall Infrared detector market is expected to grow from USD 446 million in 2021 to USD 619 million by 2026, at a CAGR of 6.8%. An infrared detector is an electronic device used to detect infrared radiation by sensing the surrounding environment. Infrared detectors can sense infrared spectrum ranging from wavelengths 0.7 ìm to 1 ìm. Various types of infrared detectors are available in the market, e.g., mercury cadmium telluride (MCT/HgCdTe), indium gallium arsenide (InGaAs), microbolometer, pyroelectric, and thermopile infrared detectors. They find applications in people & motion sensing, temperature measurement, security & surveillance, gas & fire detection, and spectroscopy & biomedical imaging in the industrial and nonindustrial verticals.

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A few key infrared detector market players are Excelitas Technologies (US), Hamamatsu Photonics (Japan), Murata Manufacturing (Japan), FLIR Systems, Inc. (US), Texas Instruments (US), Nippon Ceramic (Japan), Omron Corporation (Japan), and Lynred (France).

Pyroelectric segment to hold the largest share of the Infrared detector market, by type, in 2021

This segment is expected to hold its dominating position during the forecast period. People and motion sensing is the key application area of pyroelectric infrared detectors. Every object or substance emits some radiant energy, known as infrared radiation, which can be detected by infrared detectors. Pyroelectric infrared detectors use passive infrared (PIR) technology, which can detect the amount of infrared radiation radiated from an object/substance. These detectors can also identify the changes in the amount of radiation, which depends on the change in temperature of the object. Passive infrared detector devices do not generate or radiate any energy for detection. PIR-based motion detectors are used to sense the movement of people, animals, objects, and substances. Excelitas Technologies (US), Nippon Ceramic (Japan), and Murata Manufacturing (Japan) are some of the key manufacturers of pyroelectric infrared detectors.

The market for people and motion sensing application to grow at the highest CAGR during the forecast period

Infrared detectors are used in people and motion sensing applications for detecting the movement of an object or human beings. People and motion sensing devices are widely used in retail stores, stadiums, shopping malls, and museums for counting the number of people entering and leaving the particular space and observing their movements. Besides, these detectors are also increasingly being used in commercial and residential infrastructure for building automation and increasing safety. For instance, infrared sensors are being used in smart lighting systems for presence detection, which enables the lights to be switched on and off automatically after detecting the presence of any living being. Another example of the application of infrared detectors in buildings is their use in security systems. Security systems use infrared detectors or sensors to identify thieves and robbers. Infrared detectors are fixed on the side of windows. These detectors raise the alarm when a person is detected at the window. A pulse is transmitted by the infrared detector, which is transferred to the alarm system to raise the alert. Passive infrared sensors (PIR), also known as pyroelectric sensors, are commonly used for people and motion sensing application. Automotive is another emerging segment where infrared detectors are used for people detection.

North America to hold the largest share of Infrared detector market by 2021

The infrared detector market in North America has been further classified into the US, Canada, and Mexico. The regional market growth is dominated by major companies such as Excelitas Technologies (US), Texas Instruments (US), Honeywell International (US), and FLIR Systems (US). These companies are striving to expand their presence in emerging markets such as APAC. Prominent companies in the infrared detector market are also acquiring, collaborating, and partnering with companies from various industries such as automotive and military & defense to broaden their product portfolio and expand their presence. For instance, in October 2019, FLIR Systems (US) partnered with Veoneer (US), a tier-one automotive supplier, to provide thermal sensing technology for use in Veoneer’s self-driving cars.

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Cryocooler Market worth $3.1 Billion USD, at a CAGR of 6% during 2020-2025 period

 

The report "Cryocooler Market with COVID-19 Impact and Analysis by Type (GM, PT, JT, Stirling, Brayton), Offering (Hardware, Services), Heat Exchanger (Recuperative, Regenerative) Operating Cycle (Open, Closed loop), Application, and Geography - Global Forecast to 2025", is expected to grow to USD 3.1 billion by 2025 from an estimated USD 2.3 billion in 2020, at a CAGR of 6% during 2020-2025 period. The rising adoption of cryocoolers in semiconductor industry, superconducting magnets, and power systems, along with surging adoption of cryocoolers in MRI, NMR equipment, and proton therapy in healthcare sector are major factors driving the growth of cryoclooer market globally. The other key factors driving the growth of  the market includes the increasing demand for cryocoolers in space applications and the development of cryocoolers for microsatellite military applications.

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Regenerative heat exchanger cryocooler to hold the largest market share during forecast period

The market for regenerative heat exchangers cryocooler type is expected to account larger share during the forecast period. The major factors contributing to the growth of the market include the increasing adoption of regenerative heat exchangers in GM, PT, and Stirling cryocoolers. In addition, these cryocoolers are used in a wide range of applications in military, space, medical, energy, agriculture and biology, and other sectors, which is leading to the high consumption of these heat exchangers.

Closed-loop cycle cryocooler is expected to witness the highest growth rate during the period 2020 and 2025

The closed-loop cycle cryocoolers are expected to grow at the highest rate during the forecast period mainly due to their broader application areas, which include IR detectors/ sensors, thermal cameras, magnetic resonance imaging (MRI), surgical probes, night vision systems, superconducting devices, and commercial refrigerators. Recent technological advancements have led to the development of high-temperature infrared detectors with a cooling range between 150 and 200 K. Closed-cycle systems such as JT cryocoolers are being used in a wide range of applications in night vision systems due to the absence of mechanical parts, miniature size, and rapid cooling capacity.

Cryocooler market for military application to hold largest market share between 2020 and 2025

The military application is likely to hold the largest market size among all the applications of cryocoolers from 2020 to 2025. The major factors contributing to the growth of this market include the rising adoption of cryocoolers in cooling infrared sensors used in military applications. The cryocoolers are used to cool down the infrared sensors to ~80 Kelvin. In addition, the growing demand for night vision surveillance and missile detection from satellites over the last few years has led to the increasing use of cryocoolers. Moreover, cryocoolers are used in high-end systems and detectors such as missile warning systems, UAVs, miniature payloads, thermal weapon sights, and airborne enhanced vision systems (EVS).

Americas to hold the largest share of cryocooler market during forecast period

The Americas is expected to hold the largest share of the cryocooler market during 2020–2025. The Americas is estimated to account for the largest market share of cryocoolers from 2020 to 2025. The US and Canada are among the leading countries in the world in terms of medical research, healthcare innovation, and expenditure on healthcare imaging equipment, medical cryosurgery, and proton therapy. Cryocoolers in the Americas also finds huge applications in satellite monitoring and missile guidance in military applications.

The report profiles key players such as Sumitomo Heavy Industries (Japan), Chart Industries (US), Sunpower (US), Cryomech (US), Northrop Grumman Corporation (US), Advanced Research Systems (US), DH Industries (The Netherlands), Janis Research Company (US), RICOR – Cryogenic & Vacuum Systems (Israel), Superconductor Technologies (US), and Air Liquide (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 pain points around revenues decisions.

Contact :
Mr. Aashish Mehra
MarketsandMarkets™ INC.
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