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strangemusictriumph · 2 years

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Smart Glove Market - Forecast (2021 - 2026)

The Smart Glove Market size is analyzed to grow at a CAGR of 9.6% during the forecast 2021-2026 to reach $4.67 billion by 2026. Smart Glove is considered as a wide range of Sensor technology gloves for advanced and customized solutions, such as hand protection, high-tech rehab device and other assistive device services. The Smart Gloves are designed electronic devices with microcontrollers to offer avant-garde opportunities for various kinds of application suitable to the business requirements, including industrial grade gloves and medical grade gloves, and thus, contribute to the Smart Glove market growth. The rapid prominence of the Internet of Things (IoT), artificial intelligence and connected devices, along with the increasing innovations in wearable health devices, smart personal protective equipment, integrated with GPS, wireless communication features and in-built voice assistance have supported the Smart Glove Industry development successfully. In fact, the growth of the market is also observed due to the growing advancement of the Bluetooth chip, flex sensors, microcontroller, and accelerometer. Furthermore, the progression of microencapsulation and nanotechnology pave the way for sensor technology which offers lucrative growth possibilities. The influx of brands like Samsung, Apple, and Fossil are broadening the functionalities, which further promotes Smart Glove Market.

Smart Glove Market Report Coverage

The report: “Smart Glove Industry Outlook – Forecast (2021-2026)”, by IndustryARC covers an in-depth analysis of the following segments of the Smart Glove Industry.

By Offerings: Software and Service By Application: Fitness & Wellness, Specific Health Monitor, Infotainment, Ergonomic wearable and others By Industry Verticals: Pharmaceuticals & Healthcare, Food & Beverages, Enterprise and Industrial, Consumer Electronics and others By Geography: North America (U.S, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Russia and Others), APAC(China, Japan, India, South Korea, Australia and Others), South America(Brazil, Argentina and others)and RoW (Middle east and Africa).

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Key Takeaways

The growing demand of wearable medical devices owing to the increasing awareness on fitness and a healthy lifestyle along with prominence of connected devices in Healthcare, contribute to the growth.

Asia Pacific is estimated to hold the highest share of 40% in 2020, followed by North America, owing to the significant adoption of IoT, large scale implementation of a wide range of ubiquitous systems, such as wearable computing and sensor technology across the several business verticals.

The advancements in consumer electronics with a wide range of technical advantages, including touch sensitive features and miniature designs, resulted into the market growth.

Smart Glove Market Segment Analysis – By Industry Verticals

By Industry Verticals, the Smart Glove Market is segmented into Pharmaceuticals & Healthcare, Food & Beverages, Enterprise and Industrial, Consumer Electronics and others. The Enterprise and Industrial segment held the major share of 37% in 2020, owing to the propensity for cutting-edge products and significant investment to pursue radical evolutions in commercial applications. In order to address the growing requirement of several end users across automotive, oil & gas, manufacturing and logistics, customizable smart gloves with built-in scanners are introduced for more effective operations. In April 2019, the manufacturer of a smart, wearable technology, ProGlove, unveiled its MARK 2 to a U.S. audience ProMat in Chicago. The new MARK 2 enables the user to scan up to 5 feet away from a device and can connect to a corporate network via Bluetooth Low Energy (BLE), with up to 15-hour charge battery. ProGlove provides hands-free scanning solutions across a number of industries, and thus, in September 2020, Panasonic announced a partnership with ProGlove, to combine the mobile computing solutions of the two companies in order to offer rugged, innovative and user-friendly wireless barcode scanners. The strategic collaboration is also formulated to deliver seamless as-a-stand-alone scanning solution with an embedded Panasonic’s voice picking solutions for the warehouse operations, supply chain, and inventory checking. Therefore, the growing demand of integrated gesture sensor solutions for dynamic workstations, and a more efficient working environment accelerated the demand of Smart Glove Market.

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Smart Glove Market Segment Analysis – By Geography

Asia Pacific is estimated to hold the highest share of 40% in 2020, followed by North America in Smart Glove Market. The early adoption of IoT, large scale implementation of a wide range of ubiquitous systems, such as wearable computing and sensor technology across the several business verticals, along with the growing interest of consumers towards ‘sensorized’ fitness wearable devices are estimated to drive the market in these regions. Furthermore, numerous research investments propel the innovations of soft and stretchable electronics design that propel a competitive edge to smart wearable solutions. In January 2021, HaptX Inc. announced the release of HaptX Gloves DK2. The HaptX Gloves DK2 is an upgraded design and the world's most advanced haptic feedback gloves, which deliver unprecedented realism, with more than 130 points of tactile feedback per hand. These gloves have astoundingly real-life superpowers with VR, XR, and robotics technologies to meet the demand of various enterprises for quality requirements. Hence, the promising demand of industrial wearable and other smart personal protective equipment in these regions are estimated to drive the Smart Glove Market.

Smart Glove Market Drivers

Growing prominence of healthcare wearable

The growing demand of wearable medical devices owing to the increasing awareness on fitness and a healthy lifestyle along with prominence of connected devices in Healthcare, contribute to the growth of Smart Glove Market. Moreover, the rise of high-tech devices to usher clinical-grade wearable with 3G and 4G connection led to various viable solutions. In July 2020, UCLA bioengineers designed a glove-like device that can translate American Sign Language (ASL) into English speech in real time through a smartphone app. The entire system is integrated upon a pair of gloves with thin, stretchable sensors to translate hand gestures into spoken words. Hence, the sizable demand of personalized care, specific health issue monitoring devices and user-friendly, compact medical wearable propelled the growth of the Smart Glove Market.

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Advancements in consumer electronics

The advancements in consumer electronics with a wide range of technical advantages, including touch sensitive features and miniature designs, resulted into the growth of Smart Glove Market. The advent of digitalization and latest development in sensor technology to enhance user performances is further driving the market. In April 2019, British music tech company Mi.Mu, founded by Grammy award-winning artist Imogen Heap announced the release of newly designed Mi.Mu gloves, allowing artists to map hand gestures to music software. The new gloves of Mi.Mu are durable with a removable battery system that offers artists complete control over their musical performances. Moreover, the breakthrough innovation in microfibre sensor technology offers strain sensing capabilities that provides gesture-based control. In August 2020, A team of researchers from the National University of Singapore (NUS), led by Professor Lim Chwee Teck, developed a smart glove, known as 'InfinityGloveTM', which enables users to mimic numerable in-game controls using simple hand gestures. Therefore, the launch of sophisticated wearable electronics products, extensive glove's capabilities and rising usage of convenient-to-use devices are some of the factors that are estimated to drive the Smart Glove Market.

Smart Glove Market Challenge

High price of Smart Glove solution

The market of Smart Glove is expanding due to the significant technologies development, using the amalgamation of sensing and feedback operation to denote smarter systems. Thus, the commercially available devices, pertaining to smart glove features are prominently expensive, which is a major constraint that demotivated the rapid adoption. Thus, factors such as less sensible investment and unobtainability of some of the latest smart gloves technology around some regions due to high cost are likely to restrict the Smart Glove Market.

Market Landscape

Partnerships and acquisitions along with product launches are the key strategies adopted by the players in the Smart Glove Market. The Smart Glove Market top 10 companies include Apple Inc, Flint Rehab, Haptx, Lab Brother Llc, Maze Exclusive, Neofect, Samsung Electronics Co Ltd, Seekas Technology Co., Ltd, Vandrico Solution Inc, ProGlove, Workaround Gmbh and among others

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Acquisitions/Technology Launches/Partnerships

In December 2019, HaptX, the leading provider of realistic haptic technology announced the partnership with Advanced Input Systems along with a Series A financing round of $12 million. This acquisition provides a great opportunity for HaptX as they can finance the production of the next generation of HaptX Gloves, which represents the world’s most realistic gloves for virtual reality and robotics, coupled with product development, manufacturing, and go-to-market collaboration.

In November 2019, Ansell Limited, a leading provider of safety solutions, announced a partnership with ProGlove, a renowned industrial wearable manufacturer. The acquisition is formed to deliver advanced hand protection solutions to ensure the personal protective equipment (PPE) compliance in the workplace.

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jeeva-trials · 2 years

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Dealing with challenges in Quality Evidence Generation with a Real-Time Analytical Framework that makes Clinical Sense for Innovators

Evidence linking interventions with health outcomes is vital for healthcare decision-making. Making sound choices about healthcare requires the best possible and quality evidence from clinical research. However, some of the decisions currently made during the drug development process are not supported by high-quality evidence. As such, making informed decisions for allocating adequate resources to guide clinical Research development becomes challenging. At mid-stage clinical development, the challenge entails in determining the specific indication, if there are multiple potential indications. Moreover, evidence that is complete for some individuals or groups may be incomplete for others, leading to inefficiencies in decision-making.

Evidence generation strategies are especially important at Phase III and Phase IV trials to allow for effective navigation through competitive and regulatory hurdles, while it may be difficult to effectively communicate potentially attractive product attributes to the stakeholders, especially when it has no clear advantage over comparators. Stakeholders also lack the evidence needed to make real-world decisions on approval, coverage and use of treatments as most current processes used in evidence generation focus narrowly on the safety and efficacy of treatment.

Datasets to inform real-time decision making

The traditional demarcation between pre- and post-approval phases does not fit many medical products, as regulatory decisions could be informed by the same evidence that informs the use and coverage decisions, though the criteria for decisions should not be the same for both cases. Validated tools, based on large datasets to help inform real-time decision making are invaluable, yet they are currently limited. When new treatments are approved, healthcare payers and those who participate in shared savings base coverage determination on their value which is calculated by the evidence of benefit and net costs. The incorporation of real-world data (RWD) and patient-reported outcomes (PRO) into the evidence generation process could assist in making coverage determinations by rendering clinical evidence and research more immediately translatable to the beneficiary population.

Real-world data (RWD) and real-world evidence (RWE)

Additionally, large differences usually exist between the evidence required for initial adopters, such as surveys and studies, and that required for most prospective randomized control trials (RCTs). While the healthcare community uses RWD and RWE to develop decision support tools for use in clinical practices, medical product developers use these data to support clinical trial designs and observational studies to generate innovative treatment approaches. FDA uses RWE and RWD to monitor adverse events, post-market safety of the drug, and to make regulatory decisions. While RWD can be collected from various sources such as electronic health records (EHRs) and product and disease registries, RWE can be generated by different study designs including observational studies and randomized trials.

Aligning stakeholders for evidence generation

Aligning stakeholders is another big challenge of evidence generation as different stakeholders will have their own perspectives on uncertainties throughout the drug development lifecycle. Regulators may have different views as to what is acceptable to that of the patient. As such, it remains an industry-wide challenge to provide credible evidence for clinical research to innovators and investigators. Challenges exist for healthcare innovators to keep up to date with compliance and regulations about evidence generation as regulatory space evolves fast.

Because pharmaceutical companies tend to delegate evidence generation to individual departments that are often siloes, the process occurs sequentially, resulting in delays in crucial milestones such as getting regulatory approval before initiating an outcomes-based study.

https://www.futuremedicine.com/doi/10.2217/cer-2017-0073

An analytical framework model that makes clinical sense

There is a pressing need for high-quality evidence generation as regulators and payers seek more long-term data on product safety and effectiveness. As such, more efficient methodologies for generating evidence are required for decision-making, and to enhance clinical evidence collection and interpretation. An analytical framework model makes clinical sense as an evidentiary pathway, however, the challenge for investigators in evidence gathering is to fill out the framework. If the study design is weak, then the link in the evidence chain is also weak. Studies need to be carefully and prospectively designed, and opportunities exist to add well-designed studies into current practices. Study teams and researchers should consider how to most effectively translate diagnostic tests into practice needs within clinical settings.

Quality clinical evidence of safety and efficacy

The Jeeva™ eClinical Cloud platform provides clinical decision-makers with a modular and integrated approach to evidence planning and generation. From a single dashboard, study leaders can monitor data in real time to track safety and efficacy in representative patient populations across vast distances. The Jeeva™ eClinical Cloud is designed for efficient, remote long-term follow-up, natural history and other observational studies as well as interventional clinical trials regardless of therapeutic area. Jeeva™ enables quality clinical evidence generation to evaluate treatment safety and efficacy and tracks patients’ adherence to medications, in compliance with regulatory agencies such as Institutional Review Boards, EMA, FDA, and GDPR.

Digital-first approach to evidence generation

Study teams, innovators, drug developers, biopharmaceutical sponsors, clinical researchers, hospital sites and contract research organizations (CROs) face challenges to overcome the “no evidence, no implementation—no implementation, no evidence” paradox. Jeeva™ provides a new, digital-first, patient-centric approach to evidence generation that considers patients as partners for clinical trials, not merely subjects.

The Jeeva™ eClinical Cloud is user-designed software-as-a-service (SaaS) platform that allows volunteers to conveniently complete clinical trials wherever they are. The flexible and modular bring-your-own-device (BYOD) solution works on any browser-enabled mobile device and cuts out 70% of logistical burdens for study teams and patients. The modular and flexible Software as a Service (SaaS) subscription-based model is enriched with many features such as automated enrollment workflows, electronic patient-reported outcomes, 2-way email and SMS communication, uploading of lab reports, and more that are designed to encourage innovators to undertake research activities, rather than be intimidated by the complexity, logistical burdens, duration and costs of the traditional evidence generation approaches.

Quickly setup clinical studies of any scale or duration

Jeeva™ applies an innovative approach to remote screening, eConsent, patient registries and natural history studies can enable the generation of higher-quality, low-cost and more timely evidence generation for clinical trials. Jeeva™ offers a cost-effective solution to quickly set up and conduct clinical studies, of any scale or duration, with or without patient travel involved (e.g. hybrid or fully decentralized clinical trial protocols). Jeeva™ provides a more effective clinical trial design in terms of evidence generation, accelerating patient recruitment, site feasibility and endpoints that bring unmatched efficiencies in terms of the quality of evidence, time, and costs.

#clinical trial protocol software #clinical trials recruitment and retention #patient retention in clinical trials #software used in clinical trials #clinical solutions research platforms #clinical research software #software for clinical trials #software used in clinical research #clinical trials software #clinical study software #decentralized clinical trials software #clinical trial recruitment challenges #mobile eclinical #clinical trial cloud software #eclinical platform #eclinical cloud

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visitingangelstampa · 2 years

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Alterations in Home Health Care and Residential Care Facilities

The assisted living industry and home health care are rapidly adopting digital and high-tech solutions. This article delves into some current developments in the market. We will discuss the future of community design, the cost of care, and how health bots are gradually replacing human caregivers in non-contact care settings.

A company based in Minnesota is introducing robotic caregivers into nursing homes to increase the availability of non-contact home care for the elderly. Monarch Healthcare Management, which operates 40 nursing homes in Minnesota, aims to introduce two robots into each facility. These robots, which can be purchased for between $12,500 and $32,000, are designed to aid with ADLs and memory care.

When nursing facilities start to lose patients and staff, the transition to robot caretakers will begin. This has led several businesses to investigate using robot caretakers instead of humans. There are several benefits to this new technology. Robots can help with things like dressing, bathing, and companionship. In addition to lessening the chance of infection, the robots also cut down on the amount of time spent interacting with other people.

Assisted living institutions must use electronic medication management systems since residents take an average of 12–14 prescriptions daily. The most effective software for this purpose establishes an electronic connection with a patient's pharmacy and streamlines the distribution of medications. Essential data, such as residents' vital signs, fall detection, and sleep quality, are also tracked by the program.

The reporting and financial elements of an eMAR system are comprehensive. This facilitates survey readiness and increases the safety of pharmaceutical stockpiles. Transcription mistakes and unreadable handwriting are also avoided by technology. Errors in prescribing medicine are reduced in assisted living institutions that use cutting-edge technologies.

An online software platform is ideal for home care institutions. The program should interface with a long-term care pharmacy and contain compliance and business functions. The software vendor should consider the assisted living industry's unique business requirements.

Community planning is one of the newest developments in the field of assisted living. This layout makes it possible to have smaller dwellings and shared spaces. This makes for a safer and friendlier work atmosphere. In addition, efforts are concentrated on streamlining interactions between the same members of staff and the same population of residents.

Communities need to accommodate the changing requirements of their senior residents as their population ages. It is becoming increasingly common for retirement communities to welcome dogs. This way, people may keep their pets and continue with their lives without having to find new homes for them or wait until their dogs pass away. Because of this, care facilities need to have flooring suitable for pets.

Moreover, there has been an awakening to the value of nature-based design in urban planning and development. The biophilic structure has been shown to have beneficial effects on both physical and mental health. This design aesthetic values natural light and comprises abundant windows, courtyards, water elements, and vegetation. When designing new buildings, many architects think about how their tenants will feel, and some are even coming up with novel ways to lessen the spread of disease.

Care at home and in assisted living facilities can range widely in price. A good illustration of this is that the cost of living in the New York City region is around 20% higher than the national average. The city also includes over 1,300 home care agencies and some of the best hospitals in the country. Monthly costs for nonmedical home care in New York City range from $5,339 to $5,529.

The cost of in-home assistance relies on the number of hours of service required each month. Hiring a home health aide or a homemaker for eight hours a day, seven days a week, will earn you roughly $800 weekly. The average monthly salary for a home health caregiver is $4,195, with part-time aides averaging $2,660.

Although home care costs vary from state to state, the national average is as follows. Overnight, weekend and holiday home health aides' rates tend to be higher than regular rates. One-hour work may also incur a surcharge.

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paullui2002 · 2 years

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Last Mile Delivery Market to Boom in Near Future by 2027: Key Findings, Regional Analysis, Key Players Profiles and Future Prospects

The last mile delivery plays a crucial role in myriad industries. The international trade scenario has witnessed a rise in the international trade due to drastic change in recent years. Commonly, logistics refers to the moving of goods from one place to another. However, the market demands wide-ranging services and precise logistics practices, which makes last mile delivery an ideal solution for businesses. It helps in monitoring as well as managing their operations. It also helps in delivering the parcel within time.

Companies operating in the global marketplace are considering supply chain engineered logistics as a significant means to improve their cash flows, boost their cost savings, and enhance servicing levels for offering their products to market. The factor such as the unprecedented growth rate of the e-commerce sector, enhanced focus on risk management in the supply chains and increasing collaborations are some of the drivers influencing the growth of the last mile delivery market.

The last mile delivery market accounted to US$ 1.99 Bn in 2018 and is expected to grow at a CAGR of 16.7% during the forecast period 2019 – 2027, to account to US$ 7.69 Bn by 2027.

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The drones are majorly used by e-commerce companies and several governments and private organizations to deliver time-sensitive goods, medicines, and emergency response goods. Disaster recovery, medical supplies, and other applications witness significant growth potential. Drone delivery is the ultimate solution for last-mile connectivity in rural areas. The drones in the current scenario are progressing substantially, as the governments of several countries are simplifying the laws and regulations, which is raising the number of drone operating companies. Such approvals and initiatives would help the companies to widen the scope of the last mile delivery market.

Key findings of the study:

The logistics industry is booming in the North America region. The global and regional trade network such as NAFTA (North America free trade agreement) between USE, Mexico and Canada have highly increased the trade between these countries, and as a result of this, the player in the logistics and supply chain industries have increased. Apart from this, these countries are also a member of the World Trade Organization (WTO) whose primary objective is to increase trade between the member countries across the world. Furthermore, the US currently holds the largest last mile delivery market share; however, Canada is expected to emerge as the fastest growing region in the near future. Increase in an inclination of manufacturers to develop paperless work along with a rise in adoption of just-in-time trucking for e-commerce companies is boosting the market for last mile delivery in the US.

Product Innovation and partnerships are expected to be the key growth strategy to be adopted by players for the next two to three years. However, this strategy could impact competition; it is also expected to generate new market as well as product opportunities as recently combined companies will thrive to maintain position and profitability.

Some of the key players operating in the last mile delivery market are CEVA Logistics AG, DB Schenker (Deutsche Bahn AG), DHL (Deutsche Post AG), DSV A/S, FedEx Corporation, GEODIS, Kuehne + Nagel International AG, Nippon Express Co., Ltd., XPO Logistics, Inc., and United Parcel Service, Inc.

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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunication, Chemicals and Materials.

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#Last Mile Delivery Market #Last Mile Delivery #Last Mile Delivery Market Size #Last Mile Delivery Market Share #Last Mile Delivery Market Forecast #Last Mile Delivery Indusatry

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kajalfw12 · 3 months

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https://twikkers.nl/blogs/195041/Medical-Electronics-Market-Size-Analysis-and-Forecast-2031

The Medical Electronics Market in 2023 is US$ 7.23 billion, and is expected to reach US$ 12.53 billion by 2031 at a CAGR of 7.12%. FutureWise Research published a report that analyzes Medical Electronics Market trends to predict the market's growth. The report begins with a description of the business environment and explains the commercial summary of the chain structure. Based on the market trends and driving factors presented in the report, clients will be able to plan the roadmap for their products and services taking into account various socio-economic factors.

#Medical Electronics Market Size #Medical Electronics Market Share #Medical Electronics Market Scope

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michaeldattoli · 2 years

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Global Market for Oncology Informatics - Current Business Trends

According to a new analysis from Grand View Research, the worldwide oncology informatics market is anticipated to expand at a CAGR of 5.7% between 2016 and 2030. This expansion is driven by the increase in cancer incidence rates, the rising expense of cancer treatment, and the trend toward fewer medical errors and hospital readmissions.

North America dominated the global market for oncology-related information in 2015. The market is driven by the increasing frequency of cancer in the region, advances in medical technology, and growing healthcare costs. Nonetheless, the industry faces a variety of restrictions. These disadvantages restrict the market's expansion.

The research evaluates current trends and forecasts future market growth. In addition, it provides information regarding the competitive landscape and critical product positioning. The research also examines the growth potential of various nations. For example, between 2020 and 2030, North America is anticipated to develop at the quickest rate, with a CAGR of XX%.

This market's expansion is hampered by several reasons, including a lack of skilled workers and ethical and legal restraints. Nonetheless, the incorporation of NGS technology into other research initiatives and the rise in cancer patients are anticipated to stimulate market growth.

By end-users, regions, and applications, the market is segmented. Each segment contains a market overview for the predicted period. The increasing incidence of cancer and the aim to reduce medical errors and readmission rates are driving the expansion of the Oncology informatics industry. However, various obstacles may impede the market's expansion. These obstacles include a lack of medical oncologists, the high cost of implementing devices, and data security concerns.

The market for Oncology informatics is moderately fragmented, with several regional competitors vying for market share. As a result, corporations have devised a range of corporate expansion tactics. Among these methods include investing in product development and maintaining competitive pricing. A significant example is a collaboration between Tempus and Precision Health Informatics to improve oncology precision medicine. These advancements are anticipated to support market expansion and generate profitable prospects for industry participants.

The COVID-19 pandemic has had multiple effects on the oncology informatics sector. It has affected the supply chain in numerous nations and slowed numerous procedures. Although supply was quickly restored, the pandemic presented cancer patients with distinct obstacles. For instance, patients were unable to access checkups and cancer medications. In addition, breast and colorectal cancer screening rates have dropped significantly.

The epidemic of COVID-19 has increased the financial strain on healthcare organizations. This has caused a change in how vendors interact with them. This new dynamic has given rise to intense competition among industry participants. Small start-ups are expanding their product lines and emerging as a competitive threat.

From 2020 to 2027, the Global Oncology Informatics Market is anticipated to expand at a moderate rate. This expansion results from rising healthcare expenses, cancer patients, and the increasing adoption of EHRs. The report comprehensively analyzes the market's key segments, drivers, and competitive landscape.

The oncology informatics market is booming due to increased cancer treatment costs, a growing patient population, and the increasing adoption of oncology-specific electronic health records (EHRs). However, concerns about data security and ineffective data integration are the industry's most significant obstacles. With sophisticated cancer informatics solutions, however, it is anticipated that these concerns will be reduced.

The primary segments of the Oncology Informatics Market are surgical oncology and radiation oncology. By 2021, the latter is anticipated to hold the highest market share. Increased electronic health record systems adoption will improve clinicians' work-life balance and increase productivity.

Between 2017 and 2023, the global oncology informatics market is anticipated to expand at a CAGR of 7.2%. This segment's growth is anticipated to be driven by new technologies and test kits. In addition, new market entrants may alter the competitive landscape. To obtain a competitive advantage, new players must concentrate on creating and integrating new technologies and decreasing operational complexity and total costs. In contrast, existing businesses concentrate on product releases and talk with competitors to increase their market share. In such a circumstance, they may not receive the rewards of a successful product launch or financial gain.

In addition, the growing number of cancer patients and the aging of the global population are anticipated to fuel the expansion of this market. Additionally, the adoption of electronic health records and rising investments in life sciences R&D activities are anticipated to contribute to the expansion of this market.

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databridgemarket456 · 2 years

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Data Bridge Market Research analyses that the ambulatory electronic medical records (EMR) market is expected to reach the value of USD 4011.33 million by the year 2029, at a CAGR of 6.90% during the forecast period.

#ambulatory electronic medical records (EMR) market #ambulatory electronic medical records (EMR) market scope #ambulatory electronic medical records (EMR) market share #ambulatory electronic medical records (EMR) market trend #ambulatory electronic medical records (EMR) market analysis

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globeresearchtrends · 13 hours

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Biofoam Packaging Market Research Report | Growth, Trends and Advancements | 2024 - 2031

The "Biofoam Packaging Market" is a dynamic and rapidly evolving sector, with significant advancements and growth anticipated by 2031. Comprehensive market research reveals a detailed analysis of market size, share, and trends, providing valuable insights into its expansion. This report delves into segmentation and definition, offering a clear understanding of market components and drivers. Employing SWOT and PESTEL analyses, the study evaluates the market's strengths, weaknesses, opportunities, and threats, alongside political, economic, social, technological, environmental, and legal factors. Expert opinions and recent developments highlight the geographical distribution and forecast the market's trajectory, ensuring a robust foundation for strategic planning and investment.

What is the projected market size & growth rate of the Biofoam Packaging Market?

Market Analysis and Size

Biofoams comprises starches and biopolyesters because these are adequate replacements to expanded polystyrene. Polylactic acids (PLAs) compounds are a common type of the basis of these biofoams since they provide an alternative for polyolefin-based foams which are normally used in pharmaceutical products, white goods products, furniture, food & beverage boxes, crockery, automotive parts and short life-time disposable packaging industries because of their biodegradable and bio-based properties.

Data Bridge Market Research analyses that the biofoam packaging market was valued at USD XX billion in 2021 and is expected to reach USD XX billion by 2029, registering a CAGR of XX% during the forecast period of 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.

Browse Detailed TOC, Tables and Figures with Charts which is spread across 350 Pages that provides exclusive data, information, vital statistics, trends, and competitive landscape details in this niche sector.

This research report is the result of an extensive primary and secondary research effort into the Biofoam Packaging market. It provides a thorough overview of the market's current and future objectives, along with a competitive analysis of the industry, broken down by application, type and regional trends. It also provides a dashboard overview of the past and present performance of leading companies. A variety of methodologies and analyses are used in the research to ensure accurate and comprehensive information about the Biofoam Packaging Market.

Get a Sample PDF of Report - https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-biofoam-packaging-market

Which are the driving factors of the Biofoam Packaging market?

The driving factors of the Biofoam Packaging market include technological advancements that enhance product efficiency and user experience, increasing consumer demand driven by changing lifestyle preferences, and favorable government regulations and policies that support market growth. Additionally, rising investment in research and development and the expanding application scope of Biofoam Packaging across various industries further propel market expansion.

Biofoam Packaging Market - Competitive and Segmentation Analysis:

Global Biofoam packaging Market, By Product (Rigid Packaging, Flexible Packaging), Material (Vegetable Oil and Fat, Corn Starch, Sugarcane, Others), Application (Electronic Product, Crockery, White Good Products, Delicate Items, Food and Beverage Boxes, Medical Equipment, Furniture, Other) – Industry Trends and Forecast to 2031.

How do you determine the list of the key players included in the report?

With the aim of clearly revealing the competitive situation of the industry, we concretely analyze not only the leading enterprises that have a voice on a global scale, but also the regional small and medium-sized companies that play key roles and have plenty of potential growth.

Which are the top companies operating in the Biofoam Packaging market?

Some of the major players operating in the biofoam packaging market are:

BEWi (Norway)

Recticel Insulation (U.K.)

Chevron Phillips Chemical Company LLC. (U.S.)

Eco-Global Manufacturing (U.S.)

Sealed Air (U.S.)

HWA CHING INDUSTRY (China)

BASF SE (Germany)

Bayer Material Science (U.S.)

Dow (U.S.)

Huntsman International L.L.C (U.S.)

Rogers Corporation (U.S.)

Ube corporation (Japan)

Recticel (Belgium)

Zotefoams Plc (U.K.)

The Woodbridge (Canada)

Sekisui Alveo (Switzerland)

Indoac corporation (Japan)

covestro AG (Germany)

Short Description About Biofoam Packaging Market:

The Global Biofoam Packaging market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

North America, especially The United States, will still play an important role which can not be ignored. Any changes from United States might affect the development trend of Biofoam Packaging. The market in North America is expected to grow considerably during the forecast period. The high adoption of advanced technology and the presence of large players in this region are likely to create ample growth opportunities for the market.

Europe also play important roles in global market, with a magnificent growth in CAGR During the Forecast period 2024-2031.

Biofoam Packaging Market size is projected to reach Multimillion USD by 2031, In comparison to 2024, at unexpected CAGR during 2024-2031.

Despite the presence of intense competition, due to the global recovery trend is clear, investors are still optimistic about this area, and it will still be more new investments entering the field in the future.

This report focuses on the Biofoam Packaging in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

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What are your main data sources?

Both Primary and Secondary data sources are being used while compiling the report. Primary sources include extensive interviews of key opinion leaders and industry experts (such as experienced front-line staff, directors, CEOs, and marketing executives), downstream distributors, as well as end-users. Secondary sources include the research of the annual and financial reports of the top companies, public files, new journals, etc. We also cooperate with some third-party databases.

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historical data and forecast (2024-2031) of the following regions are covered in Chapters

What are the key regions in the global Biofoam Packaging market?

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil, Argentina, Columbia etc.)

Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

This Biofoam Packaging Market Research/Analysis Report Contains Answers to your following Questions

What are the global trends in the Biofoam Packaging market?

Would the market witness an increase or decline in the demand in the coming years?

What is the estimated demand for different types of products in Biofoam Packaging?

What are the upcoming industry applications and trends for Biofoam Packaging market?

What Are Projections of Global Biofoam Packaging Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?

Where will the strategic developments take the industry in the mid to long-term?

What are the factors contributing to the final price of Biofoam Packaging?

What are the raw materials used for Biofoam Packaging manufacturing?

How big is the opportunity for the Biofoam Packaging market?

How will the increasing adoption of Biofoam Packaging for mining impact the growth rate of the overall market?

How much is the global Biofoam Packaging market worth? What was the value of the market In 2020?

Who are the major players operating in the Biofoam Packaging market? Which companies are the front runners?

Which are the recent industry trends that can be implemented to generate additional revenue streams?

What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Biofoam Packaging Industry?

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Detailed TOC of Global Biofoam Packaging Market Insights and Forecast to 2031

Introduction

Market Segmentation

Executive Summary

Premium Insights

Market Overview

Biofoam Packaging Market By Type

Biofoam Packaging Market By Function

Biofoam Packaging Market By Material

Biofoam Packaging Market By End User

Biofoam Packaging Market By Region

Biofoam Packaging Market: Company Landscape

SWOT Analysis

Company Profiles

Continued...

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#Biofoam Packaging Market #Biofoam Packaging Market Size #Biofoam Packaging Market Share #Biofoam Packaging Market Trends #Biofoam Packaging Market Growth #Biofoam Packaging Market Analysis #Biofoam Packaging Market Scope & Opportunity #Biofoam Packaging Market Challenges #Biofoam Packaging Market Dynamics & Opportunities

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electronalytics · 15 hours

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Capacitive Touch Controller Market Analysis, Dynamics, Players, Type, Applications, Trends, Regional Segmented, Growth Opportunities, Supply and Demand, Outlook & Forecast till 2033

The competitive analysis of the Capacitive Touch Controller Market offers a comprehensive examination of key market players. It encompasses detailed company profiles, insights into revenue distribution, innovations within their product portfolios, regional market presence, strategic development plans, pricing strategies, identified target markets, and immediate future initiatives of industry leaders. This section serves as a valuable resource for readers to understand the driving forces behind competition and what strategies can set them apart in capturing new target markets.

Market projections and forecasts are underpinned by extensive primary research, further validated through precise secondary research specific to the Capacitive Touch Controller Market. Our research analysts have dedicated substantial time and effort to curate essential industry insights from key industry participants, including Original Equipment Manufacturers (OEMs), top-tier suppliers, distributors, and relevant government entities.

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Market Segmentations:

Global Capacitive Touch Controller Market: By Company • Silicon Labs • Microchip Technology Inc. • Analog Devices ( ADI ) • NXP • Renesas Electronics Corporation • Lattice Semiconductor • Infineon Technologies • EETI • Cypress Semiconductor • STMicroelectronics • Unisystem • GigaDevice • EPS Global • Synaptics • AMT • Zytronic • Mouser Electronics Global Capacitive Touch Controller Market: By Type • Self-capacitive Touch Controller • Mutual Capacitive Touch Controller Global Capacitive Touch Controller Market: By Application • Automotive • Industrial • Medical Industry • Consumer Electronics • Others

Regional Analysis of Global Capacitive Touch Controller Market

All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Capacitive Touch Controller market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

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tmr-blogs2 · 16 hours

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Nanocellulose Technology Market Size & Share to Surpass USD 2.2 billion by 2031

The global nanocellulose technology market was estimated to have acquired US$ 353.4 million in 2022. It is anticipated to register a 22.7% CAGR from 2023 to 2031 and by 2031, the market is likely to gain US$ 2.2 billion.

The exceptional mechanical strength and high surface area of nanocellulose make it suitable for water treatment applications. Nanocellulose based filters can provide an eco-friendly solution for water purification.

Integration of nanocellulose in smart packaging solutions, such as sensors and indicators for freshness and safety, can enhance the functionality of packaging materials.

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Market Segmentation

The nanocellulose technology market can be segmented based on service type, sourcing type, application, industry vertical, and region.

By Service Type:

Consulting and Development Services

Product Development and Testing Services

Maintenance and Support Services

By Sourcing Type:

Plant-Based Nanocellulose

Bacterial Nanocellulose

By Application:

Paper and Packaging

Composites and Plastics

Medical and Pharmaceutical

Electronics

Cosmetics and Personal Care

By Industry Vertical:

Automotive

Food and Beverage

Healthcare

Electronics

Textile

By Region:

North America

Europe

Asia-Pacific

Latin America

Middle East and Africa

Regional Analysis

North America: Dominates the market due to early adoption of technology, strong presence of key market players, and significant investments in research.

Europe: Follows closely with robust growth driven by stringent environmental regulations and high demand for sustainable materials.

Asia-Pacific: Expected to exhibit the highest growth rate due to rapid industrialization, increased research activities, and growing applications in packaging and electronics.

Latin America and Middle East & Africa: These regions are gradually adopting nanocellulose technology, with growth driven by increasing awareness and investments in the healthcare and packaging sectors.

Market Drivers and Challenges

Drivers:

Growing demand for sustainable and biodegradable materials.

Increasing applications in diverse industries such as automotive, electronics, and healthcare.

Advancements in nanotechnology and increasing R&D investments.

Challenges:

High production costs and scalability issues.

Limited technical expertise and awareness in developing regions.

Regulatory challenges and the need for standardization.

Market Trends

Sustainability Focus: Increased emphasis on using renewable and biodegradable materials in manufacturing processes.

Technological Advancements: Development of advanced manufacturing processes to reduce costs and improve the properties of nanocellulose.

Collaborations and Partnerships: Companies are increasingly collaborating with research institutions and other firms to enhance their product offerings and expand market reach.

Future Outlook

The future of the nanocellulose technology market looks promising, with significant potential for growth in various applications. Innovations in production techniques and increased investment in research will likely lower costs and expand the use of nanocellulose across more industries. The push for sustainability will continue to be a major driver, promoting the adoption of nanocellulose-based products globally.

Key Market Study Points

Evaluation of market size and growth from 2023 to 2031.

Analysis of market segmentation by service type, sourcing type, application, industry vertical, and region.

Insights into regional market dynamics and growth patterns.

Identification of market drivers and challenges.

Examination of current market trends and future outlook.

Assessment of the competitive landscape and recent developments.

Competitive Landscape

The nanocellulose technology market is highly competitive, with key players including CelluForce, Nippon Paper Industries, Borregaard, and American Process Inc. These companies are focusing on strategic partnerships, product innovations, and expansions to strengthen their market position. Recent developments include new product launches, collaborations with research institutions, and advancements in production technologies.

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Recent Developments

Product Innovations: Introduction of new nanocellulose-based composites and coatings with enhanced properties.

Partnerships: Collaborations between nanocellulose producers and end-user industries to develop customized solutions.

Technological Advances: Improvements in nanocellulose production methods to increase efficiency and reduce costs.

About Transparency Market Research

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.

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trendingreportz · 20 hours

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Brazil Industry 4.0 Market - Forecast(2024 - 2030)

Brazil Industry 4.0 Market Overview

Brazil Industry 4.0 Market size is forecasted to reach $6230.29 million by 2027, growing at a CAGR of 10.91% during the forecast period from 2022-2027. Industry 4. has become vital for all organizations owing to paradigm shift towards real time or near real-time process monitoring in the industrial sector. The growing emphasis towards high-speed machine-to-machine (M2M) communication on the factory floor coupled with the increasing investment in plant digitalization is set to drive the Brazil Industry 4.0 Market growth during the forecast period. In addition to this, adoption of various advanced technologies including augmented reality, cloud computing, enterprise resource planning, internet of things, robotics and others; across industry verticals such as oil and gas, transportation, energy, mining, utilities and so on, is set to drive system integration service market growth. Increasing penetration of industry 4.0 across the globe combining artificial intelligence, big data and analytics, 4G, 5G with operational technology as a part of addressing worker safety, optimizing field operations, and boosting maintenance productivity along with process efficiency in industrial environments is considered vital in driving the growth of Brazil industry 4.0 industry.

Report Coverage

The report: “Brazil Industry 4.0 Market Report– Forecast (2022-2027)” by IndustryARC, covers an in-depth analysis of the following segments in the Brazil Industry 4.0 Market.

By Offerings: Hardware, Software and Services (System Integration Services, Testing & Certification, Maintenance and Operational Services, Consulting and Others).

By Technology: Artificial Intelligence, Machine-to-Machine, Big Data and Analytics, Augmented Reality & Virtual Reality, Autonomous Robots, SCADA, Simulation, Horizontal and vertical System Integration, Cloud Computing, Cyber Security, Internet of Things (IoT), Digital Twin, Advanced human-machine interfaces (HMI), Additive Manufacturing (3D Printing) and Others.

By End-User: General Manufacturing, Transportations & Logistics, Medical & Pharmaceutical, Metal & Mining, Oil & Gas (Upstream, Midstream and Downstream), Automotive & Tire, Aerospace & Defence, Food & Beverage, Electronics & Semiconductors, Power (Power Generation, Power Distribution and Power Transmission), Construction, Agriculture (Seeding and Weeding, Monitoring, Fertilizer Application, Harvesting, Pruning, and Others), Water & Wastewater Treatment, Paper & Pulp, Chemical and Others.

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Key Takeaways

Big Data & Analytics held a significant market share in 2021 and is estimated to be the fastest segment during 2022-2027, owing to the shift of Brazil towards Industry 4.0, with industries such as oil, gas, minerals, and agriculture through the adoption of big data & analytics.

The market of Brazil Industry 4.0 is estimated to witness a significant upsurge during the forecast period, owing to the increasing adoption of advanced technologies such as predictive maintenance, data analytics, digital twins, artificial intelligence and others in the Oil & Gas sector.

This industry is consolidated with top market players including Iastech Automação De Sistemas Ltda, Simatec Tecnologia em Automacao Ltda, Techplus Automacao, Automind Automação, Greylogix Brasil among others.

Brazil Industry 4.0 Market Segment Analysis - by Offerings

Brazil's Industry 4.0 market is segmented into Hardware, Software and Services, based on offerings. According to the Brazil Industry 4.0 Market report of IndustyrARC, the Hardware segment held the major market share in 2021 of $1659.71 million and is estimated to reach $2978.08 million in 2027, with a CAGR of around 10.19% during the forecast period 2022-2027. The growth of this segment is mainly driven by the increasing adoption of industry 4.0 across industries and a growing inclination toward digitalization along with increasing investment. Furthermore, Industry standards that achieve higher levels of security to enable connected solutions in the factory are driving the need for hardware security. This is expected to boost market growth. The increasing popularity and high penetration rate among the end-user industries play a major role in offering incentives to the market players to take various strategic steps. For instance, in February 2021, ABB introduced the SWIFTI cobot, which combines a payload of 4 kg and a reach of up to 580 mm with the advantages of safe collaborative operation and convenience of use. This will offer up new opportunities for increased efficiency in a variety of sectors ranging from manufacturing to logistics and beyond, allowing more organizations to embrace automation. Such developments fuel the growth rate Brazil Industry 4.0 Market in the forecast period 2022-2027.

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Brazil Industry 4.0 Market Segment Analysis - by Technology

By Technology, the Brazil Industry 4.0 Market is segmented into Artificial Intelligence, Machine-to-Machine, Big Data and Analytics, Augmented Reality & Virtual Reality, Autonomous Robots, SCADA, Simulation, Horizontal and vertical System Integration, Cloud Computing, Cyber Security, Internet of Things (IoT), Digital Twin, Advanced human-machine interfaces (HMI), Additive Manufacturing (3D Printing) and Others. Big Data and Analytics segment held the major market share in 2021 of $474.28 million and is estimated to reach $834.86 million in 2027, with a CAGR of around 9.84% during the forecast period. Brazil is gradually moving toward Industry 4.0, with industries such as oil, gas, minerals, and agriculture expected to be early adopters of Big Data services. According to Software.org, 21 to 24 percent of Brazilian small and medium-sized businesses believe digitization will aid in the development of more personalized products and services. Such high penetration of advanced technologies and inclination towards digitalization will give incentives to the market players to take various steps to expand their business. Hence, the above-mentioned factors will drive the growth of this market during 2022-2027.

Brazil Industry 4.0 Market Segment Analysis – by End-user

Based on end-user, the market is segmented into General Manufacturing, Transportations & Logistics, Medical & Pharmaceutical, Metal & Mining, Oil & Gas, Automotive & Tire, Aerospace & Defence, Food & Beverage, Electronics & Semiconductors, Power, Construction, Agriculture, Water & Wastewater Treatment, Paper & Pulp, Chemical and Others. The metal and Mining segment held the major Brazil Industry 4.0 Market share in 2021 of $434.20 million and is estimated to reach $831.47 million in 2027, with a CAGR of around 11.40% during the forecast period. The value of digital technology in the mining industry is growing as companies look for ways to reduce geological uncertainty, market volatility, and operational hazards. Big data analytics and the internet of things (IoT) offer a unique opportunity to rethink existing processes and create new value. The metal and mining industry is now involved in connecting previously unconnected operational technology (OT), devices and systems, and information technology (IT) for data exchange and operational efficiency via IT/OT convergence, integrated sales and operational planning, agile supply chain, digital EHS monitoring, and performance parameters. According to the Ibram association, the mining industry in Brazil will invest $40.4 billion by 2026. This will help to improve the mining business in Brazil and, eventually, the Industry 4.0 market in Brazil. Such factors will drive the growth of this market.

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Brazil Industry 4.0 Market Drivers

Increasing proliferation of technologies like predictive maintenance, data analytics, digital twins, artificial intelligence and others in Oil & Gas sector fuels the growth:

Over the last few years, the oil & gas sector is undergoing a transition as leading players in this industry are adopting advanced technology to reshape their operating landscape and reap the benefits of improved productivity, higher efficiency, and increased cost savings. In order to decarbonize and optimize operations, the Brazilian O&G industry has started to take advantage of advanced technologies including cloud services, digital twins Internet of things (IoT) and Artificial Intelligence (AI), among other digital services. Apart from that, the adoption of video surveillance complemented by advanced analytics and machine learning to improve operational efficiency as well as health and safety in the O&G sector can be considered vital in driving the Brazil Industry 4.0 Market growth forward. For instance, in November 2021, Brazil’s Petrobras, the leading oil, natural gas and derivatives exploration, production and distribution company, announced the plan of investing $68 Bn from 2022-2026 to boost oil production in the subsea pre-salt area by leveraging the advanced technologies to fulfill the demand of the customers. Such steps create a positive impact on the growth of this market.

The burgeoning demand for establishing a digital infrastructure in the mining sector is accelerating the growth of this market:

The Brazilian mining industry is opting for technological innovation to remain competitive while driving safety and transparency standards. Mining is of major importance to the Brazilian economy, having more than 3,000 mines spread across the national territory. The Brazilian mining industry is facing significant challenges due to plummeting commodity prices, lessening global demand and increasing safety and security risks. To reduce the effect of such challenges, miners need to improve safety, scale operations, improve operational processes, and enhance production, thereby driving the need for new business models and operating models. Leading mining companies in Brazil are harnessing the high computing power of digital technologies, including cloud-enabled mobility, big data-powered analytics and the industrial Internet of Things (IoT). This in turn drives the growth of this market. Furthermore, the increasing usage of robotics and penetration of automation with assisted and remote-control equipment and autonomous drilling and related process in the mining industry, to deliver safer and more effective mining performance, is fueling the growth of this market. In June 2021, Japan’s ITOCHU Corporation announced signing an MoU with the Brazilian CSN Group with the aim of promoting decarbonization and digital transformation (DX) for Casa de Pedra iron ore mines in Brazil. Such events trigger the growth of this market.

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Brazil Industry 4.0 Market Challenge

The lack of investments in digital infrastructure in Brazil is creating hurdles for the market growth

Even though the Brazil Industry 4.0 Market is growing rapidly, but the lack of investment for developing digital infrastructure in Brazil creates challenges for the growth of this market. The implementation of Industry 4.0 in Brazil is still a challenge owing to the lack of investment in IT infrastructure in the country. IT readiness and appropriate telecommunications infrastructure are necessary for Industry 4.0 to thrive across Brazil. The research conducted by CNI shows that the alarming point is that only 33% of companies in Brazil claim that no new investment is needed. Another survey report of CNI states that innovation benefits the production chain and the country, demonstrating impacting results for the companies involved and for the country's economy, but the reality in Brazil is approximately half of the companies are still considered industry 2.0. To shift it from industry 2.0 to industry 4.0, a huge amount of investment is required. Hence, the lack of investment creates challenges for this market.

Brazil Industry 4.0 Industry Outlook

Technology launches, acquisitions, Partnerships and R&D activities are key strategies adopted by players in the Brazil Industry 4.0 Market. In 2021, the market of Brazil Industry 4.0 industry outlook has been fragmented by several companies. The top 10 companies in the Brazil Industry 4.0 include

Iastech Automacao De Sistemas Ltda

Simatec Tecnologia em Automacao Ltda

Techplus Automacao

Automind Automacao

Greylogix Brasil

Icone Tecnologia e Automacao

Automaton Automacao

Company 8

Company 9

Company 10

Recent Developments

In June 2021, Schneider Electric, a global leader in digital transformation and energy management and automation, inaugurated a new industrial automation laboratory in Brooklyn, south of São Paulo which was made in partnership with Westcon Instrumentation Industrial to simulate the industrial internet of things (IIoT) and industry 4.0 applications with augmented reality demonstrations.

In May 2020, Siemens announced its partnership with GreyLogix to produce respirators in-house for use in healthcare facilities in Brazil to help fight the coronavirus. The equipment featured Siemens solutions, with emphasis on the controllers and HMIs of the SIMATIC line and the power supplies of the SITOP line, and at the same time, GreyLogix ensured that the equipment produced followed the necessary medical requirements.

In March 2020, Schneider Electric announced to invest in the Titled High-Performance Machine journey based on Industry 4.0, by providing a series of training and workshops to support machine manufacturers and end users who want to improve performance and productivity and reduce costs in production processes in Brazil.

#Brazil Industry 4.0 Market #Brazil Industry 4.0 Market Share #Brazil Industry 4.0 Market Size #Brazil Industry 4.0 Market Forecast #Brazil Industry 4.0 Market Report #Brazil Industry 4.0 Market Growth

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