JERSEY CITY, N.J., Sept. 15, 2023 /PRNewswire/ — The Global Infusion Pump Market is projected to grow at a CAGR of 6.0% from 2023 to 2030, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 14.26 Billion in 2022 and is expected to reach USD 22.79 Billion by the end of the forecast period.
Global Infusion Pump Market: Insights, Growth Drivers, Outlook, and Key Players
The global Infusion Pump Market is set to witness significant growth in the coming years, driven by several key factors, including the increasing demand within the healthcare sector, a rising prevalence of chronic diseases worldwide, and advancements in infusion pump technology. In this press release, we delve into the market drivers, outlook, and key players contributing to this dynamic landscape.
Infusion Pump Market Drivers:
Healthcare Sector Demand: The robust growth of the healthcare sector is a primary driver of the global infusion pump market. The escalating incidence of chronic illnesses such as cancer, diabetes, and gastroenterological disorders on a global scale is fueling the demand for advanced infusion pumps. These devices provide precise and automated delivery of vital medications and nutrients, reducing errors and enhancing patient care.
Technological Advancements: The Infusion Pump Market has witnessed remarkable technological advancements, resulting in the development of next-generation pumps characterized by heightened accuracy, increased sensitivity to temperature and pressure, and expanded applications in food, chemical, and laboratory settings. This has significantly improved patient safety and the efficiency of medical procedures.
Aging Population: The world’s increasing geriatric population is another significant driver. Individuals aged 65 and above often require infusion pumps for the controlled dispensing of medication, hormones, nutrition, and other vital substances. As the elderly population continues to grow, the demand for Infusion Pump Market is expected to rise correspondingly.
Infusion Pump Market Outlook:
Despite the promising growth prospects, the global infusion pump market faces some challenges. The trend of viewing infusion pumps as commodities, a shortage of wireless connectivity in healthcare facilities, and associated safety concerns are potential hindrances to market growth. Additionally, the adoption of refurbished and rental infusion pumps is impacting the demand for new pump units. Addressing these challenges will be crucial for sustaining the market’s growth trajectory.
Infusion Pump Market Key Players:
Several prominent companies are actively shaping the global infusion pump market. Key players in this industry include:
Becton, Dickinson and Company
B. Braun Melsungen
Baxter International
Fresenius Kabi
ICU Medical
Medtronic
Moog Inc.
Smiths Medical
Terumo Corporation
Roche Diagnostics
These companies are at the forefront of innovation, continually enhancing their product portfolios to meet the evolving needs of the healthcare industry.
In conclusion, the global infusion pump market is poised for substantial growth, driven by healthcare sector demand, technological advancements, and the aging population. To capitalize on this growth, key players are investing in research and development, striving to deliver cutting-edge infusion pump solutions to the market.
To get market data, market insights, financial statements and a comprehensive analysis of the Global Infusion Pump Market, please Contact Verified Market Research®.
Based on the research, Verified Market Research® has segmented the global Infusion Pump Market into Application, End-User, And Geography.
Infusion Pump Market, by Application
Chemotherapy/Oncology
Diabetes
Gastroenterology
Analgesia/Pain Management
Pediatrics/Neonatology
Hematology
Other
Infusion Pump Market, by End-User
Hospitals
Home Care Settings
Ambulatory Care Settings
Academic & Research Institutes
Infusion Pump Market, by Geography
North America
U.S
Canada
Mexico
Europe
Germany
France
U.K
Rest of Europe
Asia Pacific
China
Japan
India
Rest of Asia Pacific
ROW
Middle East & Africa
Latin America
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The global robotic sensors market is on a growth trajectory, with revenues expected to increase from $1.93 billion in 2022 to $2.20 billion in 2023, at an impressive compound annual growth rate (CAGR) of 13.9%. The market is poised to continue expanding, reaching $3.52 billion in 2027, with a CAGR of 12.5%.
Key players in the robotic sensors market include Baumer group, FANUC Corporation, Futek advanced sensor technology Inc., Honeywell International Inc., ATI Industrial Automation Inc., Infineon Technologies, Omron Corporation, KEYENCE CORPORATION, TE Connectivity Ltd., Tekscan Automation Inc., Sensata technologies, Fanuc Corporation, Ams AG, CAPTRON Electronic GmbH, Cognex Corporation, DAIHEN Corporation, Datalogic S.p.A, Hans Truck GmbH and Co. KG, Carlo Gavazzi, and SICK AG.
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Robotic Sensors Market Overview
Robotic sensors are specialized sensors designed for use in robotics and automation systems to measure the condition of robots and their surrounding environments. They provide critical information to robots, enabling them to interact with their environment effectively.
Key types of robotic sensors include force and torque sensors, temperature sensors, pressure sensors, position sensors, proximity sensors, vision sensors, and others. Force and torque sensors measure the applied force and torque on objects or surfaces. These sensors find applications across various industries, including aerospace and defense, automotive, process and packaging, logistics, and manufacturing.
Key Market Trends
Product innovation stands out as a significant trend in the robotic sensors market. Leading companies are focusing on creating innovative products to strengthen their market positions. In March 2022, Zebra Technologies, a US-based provider of enterprise asset intelligence solutions, acquired Matrox Imaging, a Canadian company specializing in imaging software, 3D sensors, and hardware solutions for machine vision and medical imaging. This acquisition expanded Zebra’s portfolio of enterprise asset intelligence solutions by incorporating Matrox Imaging’s machine vision and video analytics technologies.
Recent Acquisition
In March 2022, Zebra Technologies acquired Matrox Imaging, enhancing its enterprise asset intelligence solutions with machine vision and video analytics technologies.
Regional Insights
Asia-Pacific emerged as the largest region in the robotic sensors market in 2022, with North America and Europe also playing significant roles. The report covers regions, including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, and the Middle East and Africa.
Increasing Adoption of Robots for Automation
The growing adoption of robots for automation is expected to drive the robotic sensors market. Robots are machines programmed to perform tasks and are equipped with various sensors, actuators, and control systems. These sensors enable robots to interact with their environment and carry out tasks effectively. In 2021, there was a substantial increase in the installation of new industrial robots worldwide, with 517,385 units installed, representing a year-on-year growth rate of 31%. The total number of operational robots globally reached approximately 3.5 million units. The rising adoption of robots for automation is a key driver of the robotic sensors market.
Key Topics Covered:
1. Executive Summary
2. Robotic Sensors Market Characteristics
3. Robotic Sensors Market Trends And Strategies
4. Robotic Sensors Market – Macro Economic Scenario 4.1. COVID-19 Impact On Robotic Sensors Market 4.2. Ukraine-Russia War Impact On Robotic Sensors Market 4.3. Impact Of High Inflation On Robotic Sensors Market
5. Robotic Sensors Market Size And Growth 5.1. Global Robotic Sensors Historic Market, 2017-2022, $ Billion 5.1.1. Drivers Of The Market 5.1.2. Restraints On The Market 5.2. Global Robotic Sensors Forecast Market, 2022-2027F, 2032F, $ Billion 5.2.1. Drivers Of The Market 5.2.2. Restraints On the Market
6. Robotic Sensors Market Segmentation 6.1. Global Robotic Sensors Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Force and Torque Sensor
Temperature Sensor
Pressure Sensor
Position Sensor
Proximity Sensor
Vision Sensor
Other Type of Sensors
6.2. Global Robotic Sensors Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Aerospace And Defense
Automotive Process And Packaging
Logistics
Manufacturing
Other End Users
7. Robotic Sensors Market Regional And Country Analysis 7.1. Global Robotic Sensors Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion 7.2. Global Robotic Sensors Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
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CHICAGO, Sept. 15, 2023 /PRNewswire/ — The Global Broadcast Equipment Market is expected to be valued at USD 5.2 billion in 2023 and is projected to reach USD 6.7 billion by 2028; it is expected to grow at a CAGR of 5.3% from 2023 to 2028 according to a new report by MarketsandMarkets™. The growth of the broadcast equipment market is propelled by increasing use of digital broadcasting, and adoption of advanced technologies. However, higher cases of cyber attacks are restraining the growth of the market.
Browse in-depth TOC on “Broadcast Equipment Market”
150 – Tables 60 – Figures 210 – Pages
Broadcast Equipment Market Report Scope:
Report Coverage
Details
Market Revenue in 2023
$ 5.2 Billion
Estimated Value by 2028
$ 6.7 Billion
Growth Rate
Poised to grow at a CAGR of 5.3%
Market Size Available for
2019–2028
Forecast Period
2023–2028
Forecast Units
Value (USD Million/Billion)
Report Coverage
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered
By Type, Technology, Radio Modulation and Region
Geographies Covered
North America, Europe, Asia Pacific, and Rest of World
Key Market Challenge
Increasing cases of cyberattacks
Key Market Opportunities
Rapid Urbanization and Digital Transformation creates opportunity for broadcast equipment manufacturers
Key Market Drivers
Growing Investments in Content Production is driving the market
Encoders segment is expected to hold the largest share during the forecast period.
Encoders play a central role in the conversion of audio and video content into digital formats, facilitating their transmission and distribution. The increasing demand for top-tier video content, encompassing high-definition (HD) and ultra-high-definition (UHD) formats, underscores the criticality of encoders. They are indispensable for encoding and efficiently compressing such premium content, ensuring its seamless transmission across diverse networks while maintaining its quality. Additionally, the surge in the popularity of live broadcasts, spanning sports, news, concerts, and other events, further increasing demand for encoders.
Television Segment is projected to witness growth at the highest CAGR during the forecast period.
Television segment in terms of application is expected to have highest CAGR during the forecast period. Despite the rise of digital and online platforms, television remains a primary source of entertainment and information for many people globally. This consistent demand for television content drives investments in broadcast equipment to ensure the delivery of high-quality programming. Moreover, major sporting events, live shows, and news broadcasts remain a significant part of television programming. These factors are fueling the growth of the market.
North America to dominate broadcast equipment market during the forecast period.
North America is expected to dominate in the broadcast equipment industry during the forecast period. North America, particularly the United States, is home to a well-established and thriving media and entertainment industry. Major broadcasting networks, film studios, and production companies are headquartered in this region. These entities invest heavily in state-of-the-art broadcast equipment to produce and distribute content.
The broadcast equipment companies includes significant Tier I and II players like Cisco Systems Inc., (US), Telefonaktiebolaget LM Ericsson (Sweden), CommScope (US), Evertz Microsystems, Ltd (Canada), Harmonic Inc. (US), EVS Broadcast Equipment (Belgium), Grass Valley (Canada), Wellav Technologies Ltd. (China), Eletec Broadcast Telecom S.A.R.L (France), and Clyde Broadcast (UK) are some of the key players in the broadcast equipment market.
Millimeter Wave Technology Market by Product (Scanning Systems, Telecommunication Equipment), License Type (Unlicensed, Fully Licensed), Application (Mobile & Telecommunication, Automotive), Component, Frequency Band and Region – Global Forecast to 2028
Video Encoders Market by Number of Channel (1-Channel, 2-Channel, 4-Channel, 8-Channel, 16-Channel, more than 16-Channel), Type (Standalone, Rack-mounted), Application (Broadcasting, Surveillance) and Geography – Global Forecast to 2027
Mobile Video Surveillance Market by Offering (Hardware, Software, Service), Application (Railways, Buses, Transport Vehicles, Police Vehicles, Drones), Vertical (Law Enforcement, Transportation, Industrial) and Geography – Global Forecast to 2027
VSaaS Market by Type (Hosted, Managed, and Hybrid), Vertical (Commercial, Infrastructure, Residential, Public Facilities, Military & Defense, and Industrial) and Geography (North America, APAC, Europe, Rest of the World)- Global Forecast to 2027
Access Control as a Service Market (ACaaS) by Access Control Models (RBAC, DAC), Service Type (Hosted, Managed, Hybrid), Cloud Deployment (Public Cloud, Private Cloud), Vertical (Commercial, Residential, Government, Retail) Region – Global Forecast to 2027
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LONDON, Sept. 15, 2023 /PRNewswire/ — As per The Business Research Company’s Electric Truck Global Market Report 2023, the electric truck market is on an electrifying trajectory, with impressive growth figures that are reshaping the transportation landscape. In 2023, the market size is set to surge to $2.72 billion from $1.85 billion in 2022, reflecting an astonishing compound annual growth rate (CAGR) of 47.5%. Projections indicate that the electric truck market is poised to achieve remarkable heights, with an estimated size of $13.63 billion by 2027, boasting a compelling CAGR of 49.6%. Several factors are steering this growth.
Driving Forces
Escalating Fuel Prices: Increasing fuel costs are driving the transition towards electric trucks, offering a cost-effective and eco-friendly alternative.
Government Support: Rising government initiatives and support for electric vehicles are accelerating market expansion.
Charging Infrastructure: The growing charging infrastructure network is boosting confidence in electric truck adoption.
The use of augmented reality (AR) is gaining significant traction in the electric truck market, offering innovative solutions for manufacturers and drivers alike. Electric truck manufacturers are leveraging AR technology to enhance customer services and strengthen their market position.AR-powered heads-up displays provide drivers with vital information like battery status, route navigation, and charging station locations, all without diverting their attention from the road.
For instance, in May 2023, Volvo Group introduced an electric truck safety app with AR technology called the Emergency Response Guide app. This app offers real-time guidance from the electric truck to the emergency services team arriving at the scene, ensuring safe rescue conditions and minimizing risks.
Market Landscape
The global electric truck market is characterized by fragmentation, with a handful of prominent players dominating the scene. The top ten competitors accounted for 62.12% of the total market in 2022, reflecting high entry barriers due to the substantial costs associated with research and development.
BYD Company Ltd. emerged as the largest competitor with a 15.58% electric truck market share, followed by AB Volvo, Volkswagen AG, and others.
Asia Pacific led the electric truck market in 2022, commanding 87.0% of the total market, followed by North America and other regions. The fastest-growing regions are expected to be Africa and the Middle East, with impressive CAGRs of 68% and 64.3%, respectively.
Market Segmentation
The electric truck market is segmented by vehicle type (Light-Duty, Medium-Duty, Heavy-Duty), propulsion (Battery Electric, Hybrid Electric, Plug-In Hybrid Electric, Fuel Cell Electric), range (Up to 150 Miles, 151-300 Miles, Above 300 Miles), and end user (Last Mile Delivery, Long Haul Transportation, Refuse Services, Field Services, Distribution Services).
In the vehicle type segmentation, the light-duty electric trucks segment is expected to witness significant growth, gaining $4,899.51 million in global annual sales by 2027.
The electric truck market is not just growing; it’s revolutionizing the transportation industry with innovation and sustainability at its core. As the world shifts towards eco-conscious solutions, electric trucks are positioned as a game-changing force in the transportation landscape.
View More Similar Market Reports:
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LAS VEGAS, 15. September 2023 /PRNewswire/ — Am 12. September begann die mit Spannung erwartete RE+ 2023 im The Venetian Convention and Expo Center in Las Vegas, USA. Als größte Fachausstellung und Fachmesse für die Solarenergiebranche in Nordamerika zog die RE+ eine große Anzahl von Besuchern an. Runergy hatte einen glänzenden Auftritt auf der Veranstaltung und präsentierte eine Vielzahl von Vorzeigeprodukten im Bereich der Photovoltaik-Module, die von den Teilnehmern gut aufgenommen wurden.
Am ersten Tag der RE+-Ausstellung machte Runergy bedeutende Fortschritte bei der Ausweitung seiner globalen Reichweite. Hyperion, die High-End-Modulmarke von Runergy, hat eine globale strategische Vereinbarung mit Nanosun unterzeichnet, die auf Märkte wie Europa, den Nahen Osten und die Vereinigten Staaten abzielt. Darüber hinaus ist Hyperion eine strategische Kooperation mit Grape Solar eingegangen, die sich auf den US-amerikanischen Markt konzentriert. Herr Mitchell Aguirre, COO von Nanosun, äußerte sein großes Vertrauen in die Zusammenarbeit mit Hyperion bei der Entwicklung innovativer Lösungen für grüne Energie. Herr Ozean Yuan, der Gründer und CEO von Grape Solar, betonte, dass beide Unternehmen ein gemeinsames Engagement für Partnerschaften und strategische Allianzen haben und dass es ein immenses Potenzial für eine zukünftige Zusammenarbeit gibt.
Auf der diesjährigen RE+ präsentierte Runergy eine Reihe von hocheffizienten Modulen, die sowohl die modernste N-Typ-Zelltechnologie als auch die gängige PERC-Zelltechnologie nutzen. Darunter befindet sich das hocheffiziente N-Type-Modul mit 54 Halbzellen, das sich durch sein ästhetisches schwarzes Design auszeichnet, das für Dachanwendungen geeignet ist und dessen geringes Gewicht eine einfache und praktische Installation ermöglicht. Trotz seiner geringen Größe ist er mit einer maximalen Ausgangsleistung von 425 W sehr leistungsstark, was eine höhere Rendite und einen kürzeren Investitionszyklus für Hausbesitzer bedeutet. Die beiden anderen N-Type-Module sind 72 und 78 Halbzellen Module und eignen sich perfekt für bodenmontierte Projekte und Tracker-Systeme. Mit Runergys führender Position bei der hocheffizienten N-Typ-Zellen FuE und der Herstellung bieten diese Produkte Projekteigentümern niedrigere Stromgestehungskosten und einen größeren langfristigen Wert. Das 72-Halbzellen-N-Typ-Modul wurde außerdem als “Overall Highest Achiever” ausgezeichnet, da es in allen strengen Tests der drei wesentlichen Disziplinen Qualität, Leistung und Zuverlässigkeit von RETC am besten abgeschnitten hat. Das Unternehmen präsentierte auch das 72-Halbzellen-Einzelglas-PERC-Modul, das in seinem Werk in Thailand hergestellt wird. Runergy ist seit zehn Jahren in der Photovoltaik-Branche tätig und hat bereits mehr als 50 GW an Zellen ausgeliefert. Runergy widmet sich der kontinuierlichen Bereitstellung hocheffizienter Produkte mit hohem Wert für globale Kunden.
Im Rahmen dieses großartigen Ereignisses der Solarbranche veranstaltete Runergy im Palms Casino Resort Hotel in Las Vegas ein großes Galadinner zur Würdigung der Kunden und zum 10-jährigen Bestehen des Unternehmens, die so genannte “Runergy’s Night”. Dr. Longzhong Tao, Vorsitzende von Runergy, und Frau Ellen Wang, die Leiterin des weltweiten Vertriebs von Runergy, waren ebenfalls anwesend. Dr. med. Longzhong Tao bedankte sich herzlich bei den Gästen, während Frau Ellen Wang die Entwicklungsgeschichte von Runergy in den letzten zehn Jahren Revue passieren ließ und ihre Vision für die Zukunft darlegte. Zu den Aktivitäten des Abends gehörten das Anschneiden einer “10-Jahres-Jubiläumstorte”, der Austausch von Kunden, musikalische Darbietungen und andere spannende Veranstaltungen. Die Teilnehmer lobten die Produkte, Entwicklungskonzepte und Zukunftsvisionen von Runergy in den höchsten Tönen und brachten ihren Wunsch zum Ausdruck, Hand in Hand mit Runergy zu arbeiten.
Runergy-Gruppe wurde 2013 gegründet. Nach zehn Jahren Entwicklung und Innovation und mit der Unterstützung und Fürsorge seiner Partner ist es zu einem Photovoltaik-Unternehmen mit mehr als 10.000 Mitarbeitern weltweit, führenden Solarzellenverkäufen und einer globalen Industriekette herangewachsen. In der Zukunft wird Runergy weiterhin das Layout der industriellen Kette optimieren, die technologische Erforschung vorantreiben, die Internationalisierung ausweiten, die langfristige Wettbewerbsfähigkeit ausbauen und mit globalen Partnern zusammenarbeiten, um eine zuverlässige neue Energiemarke für die Nutzer zu schaffen.