MARKET OUTLOOK

This report depicts that the global smart agriculture market is forecasted to register growth at a CAGR of 10.35% in the projected period from 2022 to 2028.

Factors such as the growing advancements in agricultural technology globally and rising automation in the agricultural industry are key drivers of the studied market. In addition, the rise in corporate farming and supportive government initiatives to aid the agriculture industry’s growth are also expected to foster market development.

On the other hand, the high cost of advanced agricultural equipment and the dearth of skilled operators are anticipated to hinder the market growth. However, the usage of drones is revolutionizing the agro sector and the growing popularity of vertical farming are expected to provide the market with growth opportunities.

REGIONAL OUTLOOK

The global smart agriculture market reports covers the Asia-Pacific, Europe, North America, Latin America, and the Middle East and Africa regions.
North America is the leading regional market globally, as it accounted for the highest revenue share in 2021 and is expected to maintain its dominance over the forecasted period. The developments in crop production technology and the growing output of hybrid crops have significantly bolstered the market’s prospects in this region.

Whereas, the Asia-Pacific is expected to showcase the fastest growth rate in the global market over the forecasted period. This can be attributed to the increased government support to adopt modern agricultural techniques. Also, owing to rapid innovation, the adoption of smart agricultural solutions has increased, thereby offering lucrative opportunities for market growth.

COMPETITIVE OUTLOOK

The major contenders profiled in the report on the smart agriculture market include SemiosBio Technologies Inc, Trimble Inc, Deere & Company, Afimilk Ltd, InnovaSea Systems Inc, Raven Industries, AgEagle Aerial Systems Inc, AGCO Corporation, MSD Animal Health (Merck & Co), DeLaval, The Climate Corporation (Bayer AG), Topcon Positioning Systems Inc, Aker Technologies Inc, AKVA, LumiGrow Inc, and AgJunction.

Founded in 1990, AGCO Corporation is engaged in manufacturing and distributing agricultural equipment and related replacement parts. It offers tractors, forage equipment, combines, self-propelled sprayers, hay tools, and grain storage & protein production systems. The company distributes its products via independent dealers and distributors across the world. It markets products under brands, such as Challenger, Massey Ferguson, GSI, Valtra, and Fendt. AGCO operates across Latin America, Europe, Africa, and Asia and has a strong workforce of more than 23,300 employees.

TABLE OF CONTENTS

1. GLOBAL SMART AGRICULTURE MARKET – SUMMARY

2. INDUSTRY OUTLOOK
2.1. KEY INSIGHTS
2.1.1. USE OF VERTICAL FARMING DUE TO RISING FOOD DEMAND
2.1.2. RISING LABOR COST
2.1.3. RISING FOOD SECURITY CONCERNS DUE TO CLIMATE CHANGE
2.2. IMPACT OF COVID-19 ON THE SMART AGRICULTURE MARKET
2.3. PORTER’S FIVE FORCES ANALYSIS
2.3.1. THREAT OF NEW ENTRANTS
2.3.2. THREAT OF SUBSTITUTES
2.3.3. BARGAINING POWER OF BUYERS
2.3.4. BARGAINING POWER OF SUPPLIERS
2.3.5. THREAT OF COMPETITIVE RIVALRY
2.4. MARKET ATTRACTIVENESS INDEX
2.5. REGULATORY FRAMEWORK
2.6. VENDOR SCORECARD
2.7. KEY MARKET STRATEGIES
2.7.1. ACQUISITIONS
2.7.2. PRODUCT LAUNCHES
2.7.3. PARTNERSHIPS & AGREEMENTS
2.8. MARKET DRIVERS
2.8.1. AUTOMATION IN THE AGRICULTURAL INDUSTRY
2.8.2. INCREASING CORPORATE FARMING
2.8.3. ADVANCEMENTS IN AGRICULTURAL TECHNOLOGY AROUND THE GLOBE
2.8.4. GOVERNMENT INITIATIVES TO HELP THE AGRICULTURAL SECTOR
2.9. MARKET CHALLENGES
2.9.1. HIGH COST OF MODERN AGRICULTURAL EQUIPMENT
2.9.2. SHORTAGE OF SKILLED OPERATORS
2.10. MARKET OPPORTUNITIES
2.10.1. DRONE USAGE IS REVOLUTIONIZING THE AGRICULTURAL SECTOR
2.10.2. INCREASE IN THE USE OF VERTICAL FARMING

3. GLOBAL SMART AGRICULTURE MARKET OUTLOOK – BY TYPE
3.1. PRECISION FARMING
3.2. LIVESTOCK MONITORING
3.3. PRECISION AQUACULTURE
3.4. SMART GREENHOUSE

4. GLOBAL SMART AGRICULTURE MARKET OUTLOOK – BY COMPONENT
4.1. SOLUTION
4.1.1. HARDWARE
4.1.1.1. HVAC SYSTEMS
4.1.1.2. LED GROW LIGHTS
4.1.1.3. VALVES & PUMPS
4.1.1.4. SENSORS & CONTROL SYSTEMS
4.1.1.5. OTHER HARDWARE
4.1.2. SOFTWARE
4.1.2.1. NETWORK MANAGEMENT
4.1.2.2. AGRICULTURE ASSET MANAGEMENT
4.1.2.3. SMART WATER MANAGEMENT
4.1.2.4. IRRIGATION MANAGEMENT
4.2. SERVICE
4.2.1. CONSULTING
4.2.2. SYSTEM INTEGRATION & DEPLOYMENT
4.2.3. SUPPORT & MAINTENANCE
4.3. CONNECTIVITY TECHNOLOGY
4.3.1. CELLULAR IOT
4.3.2. LORA
4.3.3. NB-IOT
4.3.4. GLOBAL NAVIGATION SATELLITE SYSTEMS
4.3.5. WI-FI
4.3.6. SIGFOX
4.3.7. WIRELINE
4.3.8. WIRELESS PERSONAL AREA NETWORK (WPAN)
4.3.9. OTHER CONNECTIVITY TECHNOLOGIES

5. GLOBAL SMART AGRICULTURE MARKET – REGIONAL OUTLOOK
5.1. NORTH AMERICA
5.1.1. MARKET BY TYPE
5.1.2. MARKET BY COMPONENT
5.1.2.1. MARKET BY SOLUTION
5.1.2.1.1. MARKET BY HARDWARE
5.1.2.1.2. MARKET BY SOFTWARE
5.1.2.2. MARKET BY SERVICE
5.1.2.3. MARKET BY CONNECTIVITY TECHNOLOGY
5.1.3. COUNTRY ANALYSIS
5.1.3.1. UNITED STATES
5.1.3.2. CANADA
5.2. EUROPE
5.2.1. MARKET BY TYPE
5.2.2. MARKET BY COMPONENT
5.2.2.1. MARKET BY SOLUTION
5.2.2.1.1. MARKET BY HARDWARE
5.2.2.1.2. MARKET BY SOFTWARE
5.2.2.2. MARKET BY SERVICE
5.2.2.3. MARKET BY CONNECTIVITY TECHNOLOGY
5.2.3. COUNTRY ANALYSIS
5.2.3.1. UNITED KINGDOM
5.2.3.2. GERMANY
5.2.3.3. FRANCE
5.2.3.4. SPAIN
5.2.3.5. ITALY
5.2.3.6. REST OF EUROPE
5.3. ASIA-PACIFIC
5.3.1. MARKET BY TYPE
5.3.2. MARKET BY COMPONENT
5.3.2.1. MARKET BY SOLUTION
5.3.2.1.1. MARKET BY HARDWARE
5.3.2.1.2. MARKET BY SOFTWARE
5.3.2.2. MARKET BY SERVICE
5.3.2.3. MARKET BY CONNECTIVITY TECHNOLOGY
5.3.3. COUNTRY ANALYSIS
5.3.3.1. CHINA
5.3.3.2. JAPAN
5.3.3.3. INDIA
5.3.3.4. SOUTH KOREA
5.3.3.5. ASEAN COUNTRIES
5.3.3.6. AUSTRALIA & NEW ZEALAND
5.3.3.7. REST OF ASIA-PACIFIC
5.4. LATIN AMERICA
5.4.1. MARKET BY TYPE
5.4.2. MARKET BY COMPONENT
5.4.2.1. MARKET BY SOLUTION
5.4.2.1.1. MARKET BY HARDWARE
5.4.2.1.2. MARKET BY SOFTWARE
5.4.2.2. MARKET BY SERVICE
5.4.2.3. MARKET BY CONNECTIVITY TECHNOLOGY
5.4.3. COUNTRY ANALYSIS
5.4.3.1. BRAZIL
5.4.3.2. MEXICO
5.4.3.3. REST OF LATIN AMERICA
5.5. MIDDLE EAST AND AFRICA
5.5.1. MARKET BY TYPE
5.5.2. MARKET BY COMPONENT
5.5.2.1. MARKET BY SOLUTION
5.5.2.1.1. MARKET BY HARDWARE
5.5.2.1.2. MARKET BY SOFTWARE
5.5.2.2. MARKET BY SERVICE
5.5.2.3. MARKET BY CONNECTIVITY TECHNOLOGY
5.5.3. COUNTRY ANALYSIS
5.5.3.1. UNITED ARAB EMIRATES
5.5.3.2. ISRAEL
5.5.3.3. SAUDI ARABIA
5.5.3.4. TURKEY
5.5.3.5. SOUTH AFRICA
5.5.3.6. REST OF MIDDLE EAST & AFRICA

6. COMPETITIVE LANDSCAPE
6.1. AGCO CORPORATION
6.2. AFIMILK LTD
6.3. AKVA
6.4. AGEAGLE AERIAL SYSTEMS INC
6.5. DEERE & COMPANY
6.6. THE CLIMATE CORPORATION (BAYER AG)
6.7. DELAVAL
6.8. TRIMBLE INC
6.9. RAVEN INDUSTRIES
6.10. LUMIGROW INC
6.11. TOPCON POSITIONING SYSTEMS INC
6.12. AGJUNCTION
6.13. INNOVASEA SYSTEMS INC
6.14. MSD ANIMAL HEALTH (MERCK & CO)
6.15. SEMIOSBIO TECHNOLOGIES INC
6.16. AKER TECHNOLOGIES INC

7. RESEARCH METHODOLOGY & SCOPE
7.1. RESEARCH SCOPE & DELIVERABLES
7.2. SOURCES OF DATA
7.3. RESEARCH METHODOLOGY

LIST OF TABLES

TABLE 1: GLOBAL SMART AGRICULTURE MARKET, BY REGIONAL OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 2: REGULATORY FRAMEWORK
TABLE 3: VENDOR SCORECARD
TABLE 4: GLOBAL SMART AGRICULTURE MARKET, BY TYPE, 2022-2028 (IN $ MILLION)
TABLE 5: GLOBAL SMART AGRICULTURE MARKET, BY COMPONENT, 2022-2028 (IN $ MILLION)
TABLE 6: GLOBAL SMART AGRICULTURE MARKET, BY SOLUTION, 2022-2028 (IN $ MILLION)
TABLE 7: GLOBAL SMART AGRICULTURE MARKET, BY HARDWARE, 2022-2028 (IN $ MILLION)
TABLE 8: GLOBAL SMART AGRICULTURE MARKET, BY SOFTWARE, 2022-2028 (IN $ MILLION)
TABLE 9: GLOBAL SMART AGRICULTURE MARKET, BY SERVICE, 2022-2028 (IN $ MILLION)
TABLE 10: GLOBAL SMART AGRICULTURE MARKET, BY CONNECTIVITY TECHNOLOGY, 2022-2028 (IN $ MILLION)
TABLE 11: GLOBAL SMART AGRICULTURE MARKET, BY REGIONAL OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 12: NORTH AMERICA SMART AGRICULTURE MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 13: NORTH AMERICA SMART AGRICULTURE MARKET, BY TYPE, 2022-2028 (IN $ MILLION)
TABLE 14: NORTH AMERICA SMART AGRICULTURE MARKET, BY COMPONENT, 2022-2028 (IN $ MILLION)
TABLE 15: NORTH AMERICA SMART AGRICULTURE MARKET, BY SOLUTION, 2022-2028 (IN $ MILLION)
TABLE 16: NORTH AMERICA SMART AGRICULTURE MARKET, BY HARDWARE, 2022-2028 (IN $ MILLION)
TABLE 17: NORTH AMERICA SMART AGRICULTURE MARKET, BY SOFTWARE, 2022-2028 (IN $ MILLION)
TABLE 18: NORTH AMERICA SMART AGRICULTURE MARKET, BY SERVICE, 2022-2028 (IN $ MILLION)
TABLE 19: NORTH AMERICA SMART AGRICULTURE MARKET, BY CONNECTIVITY TECHNOLOGY, 2022-2028 (IN $ MILLION)
TABLE 20: EUROPE SMART AGRICULTURE MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 21: EUROPE SMART AGRICULTURE MARKET, BY TYPE, 2022-2028 (IN $ MILLION)
TABLE 22: EUROPE SMART AGRICULTURE MARKET, BY COMPONENT, 2022-2028 (IN $ MILLION)
TABLE 23: EUROPE SMART AGRICULTURE MARKET, BY SOLUTION, 2022-2028 (IN $ MILLION)
TABLE 24: EUROPE SMART AGRICULTURE MARKET, BY HARDWARE, 2022-2028 (IN $ MILLION)
TABLE 25: EUROPE SMART AGRICULTURE MARKET, BY SOFTWARE, 2022-2028 (IN $ MILLION)
TABLE 26: EUROPE SMART AGRICULTURE MARKET, BY SERVICE, 2022-2028 (IN $ MILLION)
TABLE 27: EUROPE SMART AGRICULTURE MARKET, BY CONNECTIVITY TECHNOLOGY, 2022-2028 (IN $ MILLION)
TABLE 28: ASIA-PACIFIC SMART AGRICULTURE MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 29: ASIA-PACIFIC SMART AGRICULTURE MARKET, BY TYPE, 2022-2028 (IN $ MILLION)
TABLE 30: ASIA-PACIFIC SMART AGRICULTURE MARKET, BY COMPONENT, 2022-2028 (IN $ MILLION)
TABLE 31: ASIA-PACIFIC SMART AGRICULTURE MARKET, BY SOLUTION, 2022-2028 (IN $ MILLION)
TABLE 32: ASIA-PACIFIC SMART AGRICULTURE MARKET, BY HARDWARE, 2022-2028 (IN $ MILLION)
TABLE 33: ASIA-PACIFIC SMART AGRICULTURE MARKET, BY SOFTWARE, 2022-2028 (IN $ MILLION)
TABLE 34: ASIA-PACIFIC SMART AGRICULTURE MARKET, BY SERVICE, 2022-2028 (IN $ MILLION)
TABLE 35: ASIA-PACIFIC SMART AGRICULTURE MARKET, BY CONNECTIVITY TECHNOLOGY, 2022-2028 (IN $ MILLION)
TABLE 36: LATIN AMERICA SMART AGRICULTURE MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 37: LATIN AMERICA SMART AGRICULTURE MARKET, BY TYPE, 2022-2028 (IN $ MILLION)
TABLE 38: LATIN AMERICA SMART AGRICULTURE MARKET, BY COMPONENT, 2022-2028 (IN $ MILLION)
TABLE 39: LATIN AMERICA SMART AGRICULTURE MARKET, BY SOLUTION, 2022-2028 (IN $ MILLION)
TABLE 40: LATIN AMERICA SMART AGRICULTURE MARKET, BY HARDWARE, 2022-2028 (IN $ MILLION)
TABLE 41: LATIN AMERICA SMART AGRICULTURE MARKET, BY SOFTWARE, 2022-2028 (IN $ MILLION)
TABLE 42: LATIN AMERICA SMART AGRICULTURE MARKET, BY SERVICE, 2022-2028 (IN $ MILLION)
TABLE 43: LATIN AMERICA SMART AGRICULTURE MARKET, BY CONNECTIVITY TECHNOLOGY, 2022-2028 (IN $ MILLION)
TABLE 44: MIDDLE EAST AND AFRICA SMART AGRICULTURE MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 45: MIDDLE EAST AND AFRICA SMART AGRICULTURE MARKET, BY TYPE, 2022-2028 (IN $ MILLION)
TABLE 46: MIDDLE EAST AND AFRICA SMART AGRICULTURE MARKET, BY COMPONENT, 2022-2028 (IN $ MILLION)
TABLE 47: MIDDLE EAST AND AFRICA SMART AGRICULTURE MARKET, BY SOLUTION, 2022-2028 (IN $ MILLION)
TABLE 48: MIDDLE EAST AND AFRICA SMART AGRICULTURE MARKET, BY HARDWARE, 2022-2028 (IN $ MILLION)
TABLE 49: MIDDLE EAST AND AFRICA SMART AGRICULTURE MARKET, BY SOFTWARE, 2022-2028 (IN $ MILLION)
TABLE 50: MIDDLE EAST AND AFRICA SMART AGRICULTURE MARKET, BY SERVICE, 2022-2028 (IN $ MILLION)
TABLE 51: MIDDLE EAST AND AFRICA SMART AGRICULTURE MARKET, BY CONNECTIVITY TECHNOLOGY, 2022-2028 (IN $ MILLION)

LIST OF FIGURES

FIGURE 1: MARKET ATTRACTIVENESS INDEX
FIGURE 2: GLOBAL SMART AGRICULTURE MARKET, BY TYPE, 2021 & 2028 (IN %)
FIGURE 3: GLOBAL SMART AGRICULTURE MARKET, BY PRECISION FARMING, 2022-2028 (IN $ MILLION)
FIGURE 4: GLOBAL SMART AGRICULTURE MARKET, BY LIVESTOCK MONITORING, 2022-2028 (IN $ MILLION)
FIGURE 5: GLOBAL SMART AGRICULTURE MARKET, BY PRECISION AQUACULTURE, 2022-2028 (IN $ MILLION)
FIGURE 6: GLOBAL SMART AGRICULTURE MARKET, BY SMART GREENHOUSE, 2022-2028 (IN $ MILLION)
FIGURE 7: GLOBAL SMART AGRICULTURE MARKET, BY COMPONENT, 2021 & 2028 (IN %)
FIGURE 8: GLOBAL SMART AGRICULTURE MARKET, BY SOLUTION, 2022-2028 (IN $ MILLION)
FIGURE 9: GLOBAL SMART AGRICULTURE MARKET, BY SOLUTION, 2021 & 2028 (IN %)
FIGURE 10: GLOBAL SMART AGRICULTURE MARKET, BY HARDWARE, 2022-2028 (IN $ MILLION)
FIGURE 11: GLOBAL SMART AGRICULTURE MARKET, BY HARDWARE, 2021 & 2028 (IN %)
FIGURE 12: GLOBAL SMART AGRICULTURE MARKET, BY HVAC SYSTEMS, 2022-2028 (IN $ MILLION)
FIGURE 13: GLOBAL SMART AGRICULTURE MARKET, BY LED GROW LIGHTS, 2022-2028 (IN $ MILLION)
FIGURE 14: GLOBAL SMART AGRICULTURE MARKET, BY VALVES & PUMPS, 2022-2028 (IN $ MILLION)
FIGURE 15: GLOBAL SMART AGRICULTURE MARKET, BY SENSORS & CONTROL SYSTEMS, 2022-2028 (IN $ MILLION)
FIGURE 16: GLOBAL SMART AGRICULTURE MARKET, BY OTHER HARDWARE, 2022-2028 (IN $ MILLION)
FIGURE 17: GLOBAL SMART AGRICULTURE MARKET, BY SOFTWARE, 2022-2028 (IN $ MILLION)
FIGURE 18: GLOBAL SMART AGRICULTURE MARKET, BY SOFTWARE, 2021 & 2028 (IN %)
FIGURE 19: GLOBAL SMART AGRICULTURE MARKET, BY NETWORK MANAGEMENT, 2022-2028 (IN $ MILLION)
FIGURE 20: GLOBAL SMART AGRICULTURE MARKET, BY AGRICULTURE ASSET MANAGEMENT, 2022-2028 (IN $ MILLION)
FIGURE 21: GLOBAL SMART AGRICULTURE MARKET, BY SMART WATER MANAGEMENT, 2022-2028 (IN $ MILLION)
FIGURE 22: GLOBAL SMART AGRICULTURE MARKET, BY IRRIGATION MANAGEMENT, 2022-2028 (IN $ MILLION)
FIGURE 23: GLOBAL SMART AGRICULTURE MARKET, BY SERVICE, 2022-2028 (IN $ MILLION)
FIGURE 24: GLOBAL SMART AGRICULTURE MARKET, BY SERVICE, 2021 & 2028 (IN %)
FIGURE 25: GLOBAL SMART AGRICULTURE MARKET, BY CONSULTING, 2022-2028 (IN $ MILLION)
FIGURE 26: GLOBAL SMART AGRICULTURE MARKET, BY SYSTEM INTEGRATION & DEPLOYMENT, 2022-2028 (IN $ MILLION)
FIGURE 27: GLOBAL SMART AGRICULTURE MARKET, BY SUPPORT & MAINTENANCE, 2022-2028 (IN $ MILLION)
FIGURE 28: GLOBAL SMART AGRICULTURE MARKET, BY CONNECTIVITY TECHNOLOGY, 2022-2028 (IN $ MILLION)
FIGURE 29: GLOBAL SMART AGRICULTURE MARKET, BY CONNECTIVITY TECHNOLOGY, 2021 & 2028 (IN %)
FIGURE 30: GLOBAL SMART AGRICULTURE MARKET, BY CELLULAR IOT, 2022-2028 (IN $ MILLION)
FIGURE 31: GLOBAL SMART AGRICULTURE MARKET, BY LORA, 2022-2028 (IN $ MILLION)
FIGURE 32: GLOBAL SMART AGRICULTURE MARKET, BY NB-IOT, 2022-2028 (IN $ MILLION)
FIGURE 33: GLOBAL SMART AGRICULTURE MARKET, BY GLOBAL NAVIGATION SATELLITE SYSTEMS, 2022-2028 (IN $ MILLION)
FIGURE 34: GLOBAL SMART AGRICULTURE MARKET, BY WI-FI, 2022-2028 (IN $ MILLION)
FIGURE 35: GLOBAL SMART AGRICULTURE MARKET, BY SMART GREENHOUSE, 2022-2028 (IN $ MILLION)
FIGURE 36: GLOBAL SMART AGRICULTURE MARKET, BY WIRELINE, 2022-2028 (IN $ MILLION)
FIGURE 37: GLOBAL SMART AGRICULTURE MARKET, BY WIRELESS PERSONAL AREA NETWORK (WPAN), 2022-2028 (IN $ MILLION)
FIGURE 38: GLOBAL SMART AGRICULTURE MARKET, BY OTHER CONNECTIVITY TECHNOLOGIES, 2022-2028 (IN $ MILLION)
FIGURE 39: GLOBAL SMART AGRICULTURE MARKET, REGIONAL OUTLOOK, 2021 & 2028 (IN %)
FIGURE 40: UNITED STATES SMART AGRICULTURE MARKET 2022-2028 (IN $ MILLION)
FIGURE 41: CANADA SMART AGRICULTURE MARKET 2022-2028 (IN $ MILLION)
FIGURE 42: UNITED KINGDOM SMART AGRICULTURE MARKET 2022-2028 (IN $ MILLION)
FIGURE 43: GERMANY SMART AGRICULTURE MARKET 2022-2028 (IN $ MILLION)
FIGURE 44: FRANCE SMART AGRICULTURE MARKET 2022-2028 (IN $ MILLION)
FIGURE 45: SPAIN SMART AGRICULTURE MARKET 2022-2028 (IN $ MILLION)
FIGURE 46: ITALY SMART AGRICULTURE MARKET 2022-2028 (IN $ MILLION)
FIGURE 47: REST OF EUROPE SMART AGRICULTURE MARKET 2022-2028 (IN $ MILLION)
FIGURE 48: CHINA SMART AGRICULTURE MARKET 2022-2028 (IN $ MILLION)
FIGURE 49: JAPAN SMART AGRICULTURE MARKET 2022-2028 (IN $ MILLION)
FIGURE 50: INDIA SMART AGRICULTURE MARKET 2022-2028 (IN $ MILLION)
FIGURE 51: SOUTH KOREA SMART AGRICULTURE MARKET 2022-2028 (IN $ MILLION)
FIGURE 52: ASEAN COUNTRIES SMART AGRICULTURE MARKET 2022-2028 (IN $ MILLION)
FIGURE 53: AUSTRALIA & NEW ZEALAND SMART AGRICULTURE MARKET 2022-2028 (IN $ MILLION)
FIGURE 54: REST OF ASIA-PACIFIC SMART AGRICULTURE MARKET 2022-2028 (IN $ MILLION)
FIGURE 55: BRAZIL SMART AGRICULTURE MARKET 2022-2028 (IN $ MILLION)
FIGURE 56: MEXICO SMART AGRICULTURE MARKET 2022-2028 (IN $ MILLION)
FIGURE 57: REST OF LATIN AMERICA SMART AGRICULTURE MARKET 2022-2028 (IN $ MILLION)
FIGURE 58: UNITED ARAB EMIRATES SMART AGRICULTURE MARKET 2022-2028 (IN $ MILLION)
FIGURE 59: ISRAEL SMART AGRICULTURE MARKET 2022-2028 (IN $ MILLION)
FIGURE 60: SAUDI ARABIA SMART AGRICULTURE MARKET 2022-2028 (IN $ MILLION)
FIGURE 61: TURKEY SMART AGRICULTURE MARKET 2022-2028 (IN $ MILLION)
FIGURE 62: SOUTH AFRICA SMART AGRICULTURE MARKET 2022-2028 (IN $ MILLION)
FIGURE 63: REST OF MIDDLE EAST & AFRICA SMART AGRICULTURE MARKET 2022-2028 (IN $ MILLION)

The post GLOBAL SMART AGRICULTURE MARKET 2022-2028 first appeared on CRI Report.

According to CRI’s research report, the global contact center software market is expected to register growth at a CAGR of 13.57% during the forecast period 2022-2028.
Factors such as rising demand for advanced contact center technologies, increasing penetration of social media in contact center operations, and rapid transition to cloud-based centers are anticipated to fuel the global market’s growth. Additionally, the surge in need for customized services and the emergence of advanced technologies is estimated to open new avenues for the market.
On the contrary, the concerns relating to data security and privacy alongside high investment costs impede the contact center software market’s development.

REGIONAL OUTLOOK

The global contact center software market encompasses North America, Asia-Pacific, Latin America, Europe, and the Middle East and Africa regions.
The Asia-Pacific is expected to observe the fastest growth rate over the forecast period. This growth can be attributed to the rapid adoption of emerging technologies such as cloud, predictive analysis, AI, machine learning, and others. The increased awareness about consumer rights has led to a rise in queries across industries. As a result, companies are investing heavily in contact centers to improve customer experience. Thus, as stated above, these factors are widening the scope and growth of the contact center software market.

COMPETITIVE OUTLOOK

Amazon Web Services Inc, Talkdesk, SAP SE, Unify Inc, NICE, 8×8 Inc, Vocalcom, NEC, Atos, Five9 Inc, Enghouse Interactive Inc, Cisco Systems Inc, Genesys Telecommunications Laboratories Inc, Lifesize, Avaya Inc, Vonage, ZTE Corporation, and Aspect Software are major companies in the contact center software market.
Cisco Systems Inc manufactures and markets networking software, hardware, telecommunications equipment, and other products. It is among the major information technology companies specializing in various tech sectors, such as security, video conferencing, IoT, and energy management. The company has a strong global presence, with around 80,000 employees globally. Founded in 1984, Cisco System is headquartered in California, the United States.

TABLE OF CONTENTS

1. GLOBAL CONTACT CENTER SOFTWARE MARKET – SUMMARY
2. INDUSTRY OUTLOOK
2.1. IMPACT OF COVID-19 ON THE CONTACT CENTER SOFTWARE MARKET
2.2. KEY INSIGHTS
2.2.1. INCREASING NEED TO ENHANCE CUSTOMER EXPERIENCE
2.2.2. RAPID ADVANCEMENTS IN CUSTOMER RELATIONSHIP MANAGEMENT
2.3. PORTER’S FIVE FORCES ANALYSIS
2.3.1. THREAT OF NEW ENTRANTS
2.3.2. THREAT OF SUBSTITUTES
2.3.3. BARGAINING POWER OF BUYERS
2.3.4. BARGAINING POWER OF SUPPLIERS
2.3.5. THREAT OF COMPETITIVE RIVALRY
2.4. KEY BUYING IMPACT ANALYSIS
2.4.1. FLEXIBILITY
2.4.2. SCALABILITY
2.4.3. EASE OF USE
2.4.4. DEPLOYMENT TIME
2.5. MARKET ATTRACTIVENESS INDEX
2.6. VENDOR SCORECARD
2.7. INDUSTRY COMPONENTS
2.8. REGULATORY FRAMEWORK
2.9. KEY MARKET STRATEGIES
2.9.1. ACQUISITIONS
2.9.2. PRODUCT LAUNCHES
2.9.3. CONTRACTS & AGREEMENTS
2.9.4. INVESTMENTS & EXPANSIONS
2.10. MARKET DRIVERS
2.10.1 INCREASING DEMAND FOR ADVANCED CONTACT CENTER TECHNOLOGIES
2.10.2 RISING PENETRATION OF SOCIAL MEDIA IN CONTACT CENTER OPERATIONS
2.10.3 CONTINUOUS AND RAPID TRANSITIONS TO CLOUD-BASED CONTACT CENTERS
2.11. MARKET CHALLENGES
2.11.1. CONCERNS REGARDING DATA SECURITY AND PRIVACY
2.11.2. HIGH INVESTMENT COSTS
2.12. MARKET OPPORTUNITIES
2.12.1. SURGE IN NEED FOR PERSONALIZED SERVICES
2.12.2. EMERGENCE OF ADVANCED TECHNOLOGIES
3. GLOBAL CONTACT CENTER SOFTWARE MARKET OUTLOOK – BY SOFTWARE & SERVICE
3.1. SOFTWARE
3.2. SERVICES
4. GLOBAL CONTACT CENTER SOFTWARE MARKET OUTLOOK – BY DELIVERY MODE
4.1. ON-PREMISE
4.2. CLOUD
5. GLOBAL CONTACT CENTER SOFTWARE MARKET OUTLOOK – BY ORGANIZATION SIZE
5.1. SMALL & MEDIUM ORGANIZATION
5.2. LARGE ORGANIZATIONS
6. GLOBAL CONTACT CENTER SOFTWARE MARKET OUTLOOK – BY END-USER
6.1. BFSI
6.2. HEALTHCARE
6.3. RETAIL & E-COMMERCE
6.4. GOVERNMENT AND EDUCATION
6.5. IT AND TELECOM
6.6. TRAVEL & HOSPITALITY
7. GLOBAL CONTACT CENTER SOFTWARE MARKET – REGIONAL OUTLOOK
7.1. NORTH AMERICA
7.1.1. MARKET OUTLOOK BY SOFTWARE & SERVICE
7.1.2. MARKET OUTLOOK BY DELIVERY MODE
7.1.3. MARKET OUTLOOK BY ORGANIZATION SIZE
7.1.4. MARKET OUTLOOK BY END-USER
7.1.5. COUNTRY ANALYSIS
7.1.5.1. UNITED STATES
7.1.5.2. CANADA
7.2. EUROPE
7.2.1. MARKET OUTLOOK BY SOFTWARE & SERVICE
7.2.2. MARKET OUTLOOK BY DELIVERY MODE
7.2.3. MARKET OUTLOOK BY ORGANIZATION SIZE
7.2.4. MARKET OUTLOOK BY END-USER
7.2.5. COUNTRY ANALYSIS
7.2.5.1. UNITED KINGDOM
7.2.5.2. GERMANY
7.2.5.3. FRANCE
7.2.5.4. SPAIN
7.2.5.5. ITALY
7.2.5.6. REST OF EUROPE
7.3. ASIA-PACIFIC
7.3.1. MARKET OUTLOOK BY SOFTWARE & SERVICE
7.3.2. MARKET OUTLOOK BY DELIVERY MODE
7.3.3. MARKET OUTLOOK BY ORGANIZATION SIZE
7.3.4. MARKET OUTLOOK BY END-USER
7.3.5. COUNTRY ANALYSIS
7.3.5.1. CHINA
7.3.5.2. JAPAN
7.3.5.3. INDIA
7.3.5.4. SOUTH KOREA
7.3.5.5. ASEAN COUNTRIES
7.3.5.6. AUSTRALIA & NEW ZEALAND
7.3.5.7. REST OF ASIA-PACIFIC
7.4. LATIN AMERICA
7.4.1. MARKET OUTLOOK BY SOFTWARE & SERVICE
7.4.2. MARKET OUTLOOK BY DELIVERY MODE
7.4.3. MARKET OUTLOOK BY ORGANIZATION SIZE
7.4.4. MARKET OUTLOOK BY END-USER
7.4.5. COUNTRY ANALYSIS
7.4.5.1. BRAZIL
7.4.5.2. MEXICO
7.4.5.3. REST OF LATIN AMERICA
7.5. MIDDLE EAST AND AFRICA
7.5.1. MARKET OUTLOOK BY SOFTWARE & SERVICE
7.5.2. MARKET OUTLOOK BY DELIVERY MODE
7.5.3. MARKET OUTLOOK BY ORGANIZATION SIZE
7.5.4. MARKET OUTLOOK BY END-USER
7.5.5. COUNTRY ANALYSIS
7.5.5.1. UNITED ARAB EMIRATES
7.5.5.2. SAUDI ARABIA
7.5.5.3. TURKEY
7.5.5.4. SOUTH AFRICA
7.5.5.5. REST OF MIDDLE EAST & AFRICA
8. COMPETITIVE LANDSCAPE
8.1. CISCO SYSTEMS INC
8.2. FIVE9 INC
8.3. GENESYS TELECOMMUNICATIONS LABORATORIES INC
8.4. AVAYA INC
8.5. 8X8 INC
8.6. AMAZON WEB SERVICES INC
8.7. ENGHOUSE INTERACTIVE INC
8.8. UNIFY INC
8.9. SAP SE
8.10. NEC
8.11. ASPECT SOFTWARE
8.12. ATOS
8.13. VONAGE
8.14. ZTE CORPORATION
8.15. NICE
8.16. LIFESIZE
8.17. TALKDESK
8.18. VOCALCOM
9. RESEARCH METHODOLOGY & SCOPE
9.1. RESEARCH SCOPE & DELIVERABLES
9.2. SOURCES OF DATA
9.3. RESEARCH METHODOLOGY

TABLE LIST

TABLE 1: GLOBAL CONTACT CENTER SOFTWARE MARKET, BY REGIONAL OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 2: VENDOR SCORECARD
TABLE 3: REGULATORY FRAMEWORK
TABLE 4: ACQUISITIONS
TABLE 5: LIST OF PRODUCT LAUNCHES
TABLE 6: LIST OF CONTRACTS & AGREEMENTS
TABLE 7: LIST OF INVESTMENTS & EXPANSIONS
TABLE 8: GLOBAL CONTACT CENTER SOFTWARE MARKET, OUTLOOK BY SOFTWARE & SERVICE, 2022-2028 (IN $ MILLION)
TABLE 9: GLOBAL CONTACT CENTER SOFTWARE MARKET, OUTLOOK BY DELIVERY MODE, 2022-2028 (IN $ MILLION)
TABLE 10: GLOBAL CONTACT CENTER SOFTWARE MARKET, OUTLOOK BY ORGANIZATION SIZE, 2022-2028 (IN $ MILLION)
TABLE 11: GLOBAL CONTACT CENTER SOFTWARE MARKET, OUTLOOK BY END-USER, 2022-2028 (IN $ MILLION)
TABLE 12: GLOBAL CONTACT CENTER SOFTWARE MARKET, REGIONAL OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 13: NORTH AMERICA CONTACT CENTER SOFTWARE MARKET, OUTLOOK BY SOFTWARE & SERVICE, 2022-2028 (IN $ MILLION)
TABLE 14: NORTH AMERICA CONTACT CENTER SOFTWARE MARKET, OUTLOOK BY DELIVERY MODE, 2022-2028 (IN $ MILLION)
TABLE 15: NORTH AMERICA CONTACT CENTER SOFTWARE MARKET, OUTLOOK BY ORGANIZATION SIZE, 2022-2028 (IN $ MILLION)
TABLE 16: NORTH AMERICA CONTACT CENTER SOFTWARE MARKET, OUTLOOK BY END-USER, 2022-2028 (IN $ MILLION)
TABLE 17: NORTH AMERICA CONTACT CENTER SOFTWARE MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 18: EUROPE CONTACT CENTER SOFTWARE MARKET, OUTLOOK BY SOFTWARE & SERVICE, 2022-2028 (IN $ MILLION)
TABLE 19: EUROPE CONTACT CENTER SOFTWARE MARKET, OUTLOOK BY DELIVERY MODE, 2022-2028 (IN $ MILLION)
TABLE 20: EUROPE CONTACT CENTER SOFTWARE MARKET, OUTLOOK BY ORGANIZATION SIZE, 2022-2028 (IN $ MILLION)
TABLE 21: EUROPE CONTACT CENTER SOFTWARE MARKET, OUTLOOK BY END-USER, 2022-2028 (IN $ MILLION)
TABLE 22: EUROPE CONTACT CENTER SOFTWARE MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 23: ASIA-PACIFIC CONTACT CENTER SOFTWARE MARKET, OUTLOOK BY SOFTWARE & SERVICE, 2022-2028 (IN $ MILLION)
TABLE 24: ASIA-PACIFIC CONTACT CENTER SOFTWARE MARKET, OUTLOOK BY DELIVERY MODE, 2022-2028 (IN $ MILLION)
TABLE 25: ASIA-PACIFIC CONTACT CENTER SOFTWARE MARKET, OUTLOOK BY ORGANIZATION SIZE, 2022-2028 (IN $ MILLION)
TABLE 26: ASIA-PACIFIC CONTACT CENTER SOFTWARE MARKET, OUTLOOK BY END-USER, 2022-2028 (IN $ MILLION)
TABLE 27: ASIA-PACIFIC CONTACT CENTER SOFTWARE MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 28: LATIN AMERICA CONTACT CENTER SOFTWARE MARKET, OUTLOOK BY SOFTWARE & SERVICE, 2022-2028 (IN $ MILLION)
TABLE 29: LATIN AMERICA CONTACT CENTER SOFTWARE MARKET, OUTLOOK BY DELIVERY MODE, 2022-2028 (IN $ MILLION)
TABLE 30: LATIN AMERICA CONTACT CENTER SOFTWARE MARKET, OUTLOOK BY ORGANIZATION SIZE, 2022-2028 (IN $ MILLION)
TABLE 31: LATIN AMERICA CONTACT CENTER SOFTWARE MARKET, OUTLOOK BY END-USER, 2022-2028 (IN $ MILLION)
TABLE 32: LATIN AMERICA CONTACT CENTER SOFTWARE MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 33: MIDDLE EAST AND AFRICA CONTACT CENTER SOFTWARE MARKET, OUTLOOK BY SOFTWARE & SERVICE, 2022-2028 (IN $ MILLION)
TABLE 34: MIDDLE EAST AND AFRICA CONTACT CENTER SOFTWARE MARKET, OUTLOOK BY DELIVERY MODE, 2022-2028 (IN $ MILLION)
TABLE 35: MIDDLE EAST AND AFRICA CONTACT CENTER SOFTWARE MARKET, OUTLOOK BY ORGANIZATION SIZE, 2022-2028 (IN $ MILLION)
TABLE 36: MIDDLE EAST AND AFRICA CONTACT CENTER SOFTWARE MARKET, OUTLOOK BY END-USER, 2022-2028 (IN $ MILLION)
TABLE 37: MIDDLE EAST AND AFRICA CONTACT CENTER SOFTWARE MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

FIGURE LIST

FIGURE 1: KEY BUYING IMPACT ANALYSIS
FIGURE 2: MARKET ATTRACTIVENESS INDEX
FIGURE 3: INDUSTRY COMPONENTS
FIGURE 4: GLOBAL CONTACT CENTER SOFTWARE MARKET, OUTLOOK BY SOFTWARE & SERVICE, 2021 & 2028 (IN %)
FIGURE 5: GLOBAL CONTACT CENTER SOFTWARE MARKET, BY SOFTWARE, 2022-2028 (IN $ MILLION)
FIGURE 6: GLOBAL CONTACT CENTER SOFTWARE MARKET, BY SERVICES, 2022-2028 (IN $ MILLION)
FIGURE 7: GLOBAL CONTACT CENTER SOFTWARE MARKET, OUTLOOK BY DELIVERY MODE, 2021 & 2028 (IN %)
FIGURE 8: GLOBAL CONTACT CENTER SOFTWARE MARKET, BY ON-PREMISE, 2022-2028 (IN $ MILLION)
FIGURE 9: GLOBAL CONTACT CENTER SOFTWARE MARKET, BY CLOUD, 2022-2028 (IN $ MILLION)
FIGURE 10: GLOBAL CONTACT CENTER SOFTWARE MARKET, OUTLOOK BY ORGANIZATION SIZE, 2021 & 2028 (IN %)
FIGURE 11: GLOBAL CONTACT CENTER SOFTWARE MARKET, BY SMALL & MEDIUM ORGANIZATION, 2022-2028 (IN $ MILLION)
FIGURE 12: GLOBAL CONTACT CENTER SOFTWARE MARKET, BY LARGE ORGANIZATIONS, 2022-2028 (IN $ MILLION)
FIGURE 13: GLOBAL CONTACT CENTER SOFTWARE MARKET, OUTLOOK BY END-USER, 2021 & 2028 (IN %)
FIGURE 14: GLOBAL CONTACT CENTER SOFTWARE MARKET, BY BFSI, 2022-2028 (IN $ MILLION)
FIGURE 15: GLOBAL CONTACT CENTER SOFTWARE MARKET, BY HEALTHCARE, 2022-2028 (IN $ MILLION)
FIGURE 16: GLOBAL CONTACT CENTER SOFTWARE MARKET, BY RETAIL & E-COMMERCE, 2022-2028 (IN $ MILLION)
FIGURE 17: GLOBAL CONTACT CENTER SOFTWARE MARKET, BY GOVERNMENT AND EDUCATION, 2022-2028 (IN $ MILLION)
FIGURE 18: GLOBAL CONTACT CENTER SOFTWARE MARKET, BY IT AND TELECOM, 2022-2028 (IN $ MILLION)
FIGURE 19: GLOBAL CONTACT CENTER SOFTWARE MARKET, BY TRAVEL & HOSPITALITY, 2022-2028 (IN $ MILLION)
FIGURE 20: GLOBAL CONTACT CENTER SOFTWARE MARKET, REGIONAL OUTLOOK, 2021 & 2028 (IN %)
FIGURE 21: NORTH AMERICA CONTACT CENTER SOFTWARE MARKET, COUNTRY OUTLOOK, 2021 & 2028 (IN %)
FIGURE 22: UNITED STATES CONTACT CENTER SOFTWARE MARKET 2022-2028 (IN $ MILLION)
FIGURE 23: CANADA CONTACT CENTER SOFTWARE MARKET 2022-2028 (IN $ MILLION)
FIGURE 24: EUROPE CONTACT CENTER SOFTWARE MARKET, COUNTRY OUTLOOK, 2021 & 2028 (IN %)
FIGURE 25: UNITED KINGDOM CONTACT CENTER SOFTWARE MARKET 2022-2028 (IN $ MILLION)
FIGURE 26: GERMANY CONTACT CENTER SOFTWARE MARKET 2022-2028 (IN $ MILLION)
FIGURE 27: FRANCE CONTACT CENTER SOFTWARE MARKET 2022-2028 (IN $ MILLION)
FIGURE 28: SPAIN CONTACT CENTER SOFTWARE MARKET 2022-2028 (IN $ MILLION)
FIGURE 29: ITALY CONTACT CENTER SOFTWARE MARKET 2022-2028 (IN $ MILLION)
FIGURE 30: REST OF EUROPE CONTACT CENTER SOFTWARE MARKET 2022-2028 (IN $ MILLION)
FIGURE 31: ASIA-PACIFIC CONTACT CENTER SOFTWARE MARKET, COUNTRY OUTLOOK, 2021 & 2028 (IN %)
FIGURE 32: CHINA CONTACT CENTER SOFTWARE MARKET 2022-2028 (IN $ MILLION)
FIGURE 33: JAPAN CONTACT CENTER SOFTWARE MARKET 2022-2028 (IN $ MILLION)
FIGURE 34: INDIA CONTACT CENTER SOFTWARE MARKET 2022-2028 (IN $ MILLION)
FIGURE 35: SOUTH KOREA CONTACT CENTER SOFTWARE MARKET 2022-2028 (IN $ MILLION)
FIGURE 36: ASEAN COUNTRIES CONTACT CENTER SOFTWARE MARKET 2022-2028 (IN $ MILLION)
FIGURE 37: AUSTRALIA & NEW ZEALAND CONTACT CENTER SOFTWARE MARKET 2022-2028 (IN $ MILLION)
FIGURE 38: REST OF ASIA-PACIFIC CONTACT CENTER SOFTWARE MARKET 2022-2028 (IN $ MILLION)
FIGURE 39: LATIN AMERICA CONTACT CENTER SOFTWARE MARKET, COUNTRY OUTLOOK, 2021 & 2028 (IN %)
FIGURE 40: BRAZIL CONTACT CENTER SOFTWARE MARKET 2022-2028 (IN $ MILLION)
FIGURE 41: MEXICO CONTACT CENTER SOFTWARE MARKET 2022-2028 (IN $ MILLION)
FIGURE 42: REST OF LATIN AMERICA CONTACT CENTER SOFTWARE MARKET 2022-2028 (IN $ MILLION)
FIGURE 43: MIDDLE EAST AND AFRICA CONTACT CENTER SOFTWARE MARKET, COUNTRY OUTLOOK, 2021 & 2028 (IN %)
FIGURE 44: UNITED ARAB EMIRATES CONTACT CENTER SOFTWARE MARKET 2022-2028 (IN $ MILLION)
FIGURE 45: SAUDI ARABIA CONTACT CENTER SOFTWARE MARKET 2022-2028 (IN $ MILLION)
FIGURE 46: TURKEY CONTACT CENTER SOFTWARE MARKET 2022-2028 (IN $ MILLION)
FIGURE 47: SOUTH AFRICA CONTACT CENTER SOFTWARE MARKET 2022-2028 (IN $ MILLION)
FIGURE 48: REST OF MIDDLE EAST & AFRICA CONTACT CENTER SOFTWARE MARKET 2022-2028 (IN $ MILLION)

The post GLOBAL CONTACT CENTER SOFTWARE MARKET 2022-2028 first appeared on CRI Report.

CRI’s report puts forth that the global energy management systems market would register growth at a CAGR of 15.91% in the projected phase between 2022 and 2028.
The rise in energy concerns and rising investments for enhancing energy efficiency are some of the key factors driving the growth of the market. In addition, rapidly expanding infrastructure also demands the use of EMS. This, in turn, is contributing to the market growth.
On the contrary, factors such as the high capital required to deploy energy management systems, along with the lack of skilled personnel to operate these systems, are restraining the market growth. However, the adoption of sensor-based EMS tools and the rising applications of EMS in the energy & power sector are expected to help the market reach the projected growth.

REGIONAL OUTLOOK

The global market for energy management systems covers Europe, Latin America, North America, the Asia-Pacific, and the Middle East and Africa.
The market in the Asia-Pacific is anticipated to exhibit the fastest growth globally, during the forecasted period. The region has witnessed rapid industrialization, and the rate of urbanization is also on the rise. As a result, the demand for better infrastructure from the residential, industrial, and commercial sectors has also increased, which would also increase the energy demand. This increased demand is expected to benefit the growth of the EMS market in this region.

COMPETITIVE OUTLOOK

The key players profiled in the report on the energy management systems market include Siemens, Rockwell Automation Inc, General Electric Company, Johnson Controls Inc, Emerson, Enel X, Uplight, IBM Corporation, Dexma, Broadcom Inc, Energy Hub, GridPoint, Eaton Corporation Plc, C3 AI, Honeywell International Inc, Cisco Systems Inc, and Schneider Electric.
IBM Corporation is engaged in various industries, such as Manufacturing, Insurance, Healthcare, Retail, Travel & Transportation, Telecommunication, along with Energy and Utilities. It helps utility companies by enhancing their efficiency with sustainable practices and energy resources. Some of its key solutions include smart energy data management systems, utility asset management solutions, and storage utilities. IBM operates in 175 countries across the globe. In 2021, it generated $57.4 billion in revenue from operations.

TABLE OF CONTENTS

1. GLOBAL ENERGY MANAGEMENT SYSTEMS MARKET – SUMMARY
2. INDUSTRY OUTLOOK
2.1. IMPACT OF COVID-19 ON THE ENERGY MANAGEMENT SYSTEMS MARKET
2.2. KEY INSIGHTS
2.2.1. ADOPTION OF SMART GRID TECHNOLOGIES
2.2.2. GOVERNMENT INITIATIVES FOR SUSTAINABLE ENERGY AND ENERGY EFFICIENCY
2.2.3. GROWING APPLICATIONS OF ENERGY MANAGEMENT SYSTEMS IN BUILDINGS
2.3. PORTER’S FIVE FORCES ANALYSIS
2.3.1. THREAT OF NEW ENTRANTS
2.3.2. THREAT OF SUBSTITUTES
2.3.3. BARGAINING POWER OF BUYERS
2.3.4. BARGAINING POWER OF SUPPLIERS
2.3.5. THREAT OF COMPETITIVE RIVALRY
2.4. KEY IMPACT ANALYSIS
2.4.1. PERFORMANCE
2.4.2. SYSTEM UTILITY
2.4.3. RETURN ON INVESTMENT
2.5. MARKET ATTRACTIVENESS INDEX
2.6. VENDOR SCORECARD
2.7. REGULATORY FRAMEWORK
2.8. KEY MARKET STRATEGIES
2.8.1. ACQUISITIONS
2.8.2. PRODUCT LAUNCHES & DEVELOPMENTS
2.8.3. PARTNERSHIPS & AGREEMENTS
2.8.4. BUSINESS EXPANSIONS & DIVESTITURES
2.9. MARKET DRIVERS
2.9.1. INCREASED EMS ADOPTION DUE TO INCREASING ENERGY CONCERNS
2.9.2. RISING INVESTMENTS TOWARDS INCREASING ENERGY EFFICIENCY
2.9.3. NEED FOR SUPPORTING RAPIDLY GROWING INFRASTRUCTURE
2.10. MARKET CHALLENGES
2.10.1. HIGH CAPITAL REQUIREMENT FOR DEPLOYMENT
2.10.2. LACK OF SKILLED PERSONNEL
2.11. MARKET OPPORTUNITIES
2.11.1. HOME EMS GAINING TRACTION IN THE MARKET
2.11.2. GROWING APPLICATIONS OF EMS IN THE ENERGY AND POWER SECTOR
2.11.3. SENSOR-BASED EMS TOOLS TO ACHIEVE SIGNIFICANT GROWTH
3. GLOBAL ENERGY MANAGEMENT SYSTEMS MARKET OUTLOOK – BY TYPE
3.1. INDUSTRIAL EMS
3.2. BUILDING EMS
3.3. HOME EMS
4. GLOBAL ENERGY MANAGEMENT SYSTEMS MARKET OUTLOOK – BY COMPONENT
4.1. HARDWARE
4.1.1. SENSORS
4.1.2. ACTUATORS
4.1.3. CONTROLLERS
4.1.4. THERMOSTATS
4.1.5. OTHER HARDWARE COMPONENTS
4.2. SOFTWARE
4.3. SERVICES
4.3.1. MONITORING & CONTROL
4.3.2. IMPLEMENTATION & INTEGRATION
4.3.3. MAINTENANCE
4.3.4. CONSULTING & TRAINING
5. GLOBAL ENERGY MANAGEMENT SYSTEMS MARKET OUTLOOK – BY END-USER
5.1. POWER & ENERGY
5.2. TELECOM & IT
5.3. MANUFACTURING
5.4. RETAIL & OFFICES
5.5. HEALTHCARE
5.6. OTHER END-USERS
6. GLOBAL ENERGY MANAGEMENT SYSTEMS MARKET – REGIONAL OUTLOOK
6.1. NORTH AMERICA
6.1.1. MARKET BY TYPE
6.1.2. MARKET BY COMPONENT
6.1.3. MARKET BY END-USER
6.1.4. COUNTRY ANALYSIS
6.1.4.1. UNITED STATES
6.1.4.2. CANADA
6.2. EUROPE
6.2.1. MARKET BY TYPE
6.2.2. MARKET BY COMPONENT
6.2.3. MARKET BY END-USER
6.2.4. COUNTRY ANALYSIS
6.2.4.1. UNITED KINGDOM
6.2.4.2. GERMANY
6.2.4.3. FRANCE
6.2.4.4. SPAIN
6.2.4.5. ITALY
6.2.4.6. NORWAY
6.2.4.7. REST OF EUROPE
6.3. ASIA-PACIFIC
6.3.1. MARKET BY TYPE
6.3.2. MARKET BY COMPONENT
6.3.3. MARKET BY END-USER
6.3.4. COUNTRY ANALYSIS
6.3.4.1. CHINA
6.3.4.2. JAPAN
6.3.4.3. INDIA
6.3.4.4. SOUTH KOREA
6.3.4.5. ASEAN COUNTRIES
6.3.4.6. AUSTRALIA & NEW ZEALAND
6.3.4.7. REST OF ASIA-PACIFIC
6.4. LATIN AMERICA
6.4.1. MARKET BY TYPE
6.4.2. MARKET BY COMPONENT
6.4.3. MARKET BY END-USER
6.4.4. COUNTRY ANALYSIS
6.4.4.1. BRAZIL
6.4.4.2. MEXICO
6.4.4.3. REST OF LATIN AMERICA
6.5. MIDDLE EAST AND AFRICA
6.5.1. MARKET BY TYPE
6.5.2. MARKET BY COMPONENT
6.5.3. MARKET BY END-USER
6.5.4. COUNTRY ANALYSIS
6.5.4.1. UNITED ARAB EMIRATES
6.5.4.2. SAUDI ARABIA
6.5.4.3. ISRAEL
6.5.4.4. SOUTH AFRICA
6.5.4.5. REST OF MIDDLE EAST & AFRICA
7. COMPETITIVE LANDSCAPE
7.1. GENERAL ELECTRIC COMPANY
7.2. HONEYWELL INTERNATIONAL INC
7.3. IBM CORPORATION
7.4. SIEMENS
7.5. SCHNEIDER ELECTRIC
7.6. ROCKWELL AUTOMATION INC
7.7. CISCO SYSTEMS INC
7.8. EATON CORPORATION PLC
7.9. EMERSON
7.10. JOHNSON CONTROLS INC
7.11. DEXMA
7.12. ENERGY HUB
7.13. GRIDPOINT
7.14. UPLIGHT
7.15. ENEL X
7.16. C3 AI
7.17. BROADCOM INC
8. RESEARCH METHODOLOGY & SCOPE
8.1. RESEARCH SCOPE & DELIVERABLES
8.2. SOURCES OF DATA
8.3. RESEARCH METHODOLOGY

LIST OF TABLES

TABLE 1: GLOBAL ENERGY MANAGEMENT SYSTEMS MARKET, BY REGIONAL OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 2: VENDOR SCORECARD
TABLE 3: REGULATORY FRAMEWORK
TABLE 4: LIST OF ACQUISITIONS
TABLE 5: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS
TABLE 6: LIST OF PARTNERSHIPS & AGREEMENTS
TABLE 7: LIST OF BUSINESS EXPANSIONS & DIVESTITURES
TABLE 8: GLOBAL ENERGY MANAGEMENT SYSTEMS MARKET, BY TYPE, 2022-2028 (IN $ MILLION)
TABLE 9: GLOBAL ENERGY MANAGEMENT SYSTEMS MARKET, BY COMPONENT, 2022-2028 (IN $ MILLION)
TABLE 10: GLOBAL ENERGY MANAGEMENT SYSTEMS MARKET, BY HARDWARE, 2022-2028 (IN $ MILLION)
TABLE 11: GLOBAL ENERGY MANAGEMENT SYSTEMS MARKET, BY SOFTWARE, 2022-2028 (IN $ MILLION)
TABLE 12: GLOBAL ENERGY MANAGEMENT SYSTEMS MARKET, BY SERVICES, 2022-2028 (IN $ MILLION)
TABLE 13: GLOBAL ENERGY MANAGEMENT SYSTEMS MARKET, BY END-USER, 2022-2028 (IN $ MILLION)
TABLE 14: GLOBAL ENERGY MANAGEMENT SYSTEMS MARKET, BY REGIONAL OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 15: NORTH AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY TYPE, 2022-2028 (IN $ MILLION)
TABLE 16: NORTH AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY COMPONENT, 2022-2028 (IN $ MILLION)
TABLE 17: NORTH AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY HARDWARE, 2022-2028 (IN $ MILLION)
TABLE 18: NORTH AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY SERVICES, 2022-2028 (IN $ MILLION)
TABLE 19: NORTH AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY END-USER, 2022-2028 (IN $ MILLION)
TABLE 20: NORTH AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 21: EUROPE ENERGY MANAGEMENT SYSTEMS MARKET, BY TYPE, 2022-2028 (IN $ MILLION)
TABLE 22: EUROPE ENERGY MANAGEMENT SYSTEMS MARKET, BY COMPONENT, 2022-2028 (IN $ MILLION)
TABLE 23: EUROPE ENERGY MANAGEMENT SYSTEMS MARKET, BY HARDWARE, 2022-2028 (IN $ MILLION)
TABLE 24: EUROPE ENERGY MANAGEMENT SYSTEMS MARKET, BY SERVICES, 2022-2028 (IN $ MILLION)
TABLE 25: EUROPE ENERGY MANAGEMENT SYSTEMS MARKET, BY END-USER, 2022-2028 (IN $ MILLION)
TABLE 26: EUROPE ENERGY MANAGEMENT SYSTEMS MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 27: ASIA-PACIFIC ENERGY MANAGEMENT SYSTEMS MARKET, BY TYPE, 2022-2028 (IN $ MILLION)
TABLE 28: ASIA-PACIFIC ENERGY MANAGEMENT SYSTEMS MARKET, BY COMPONENT, 2022-2028 (IN $ MILLION)
TABLE 29: ASIA-PACIFIC ENERGY MANAGEMENT SYSTEMS MARKET, BY HARDWARE, 2022-2028 (IN $ MILLION)
TABLE 30: ASIA-PACIFIC ENERGY MANAGEMENT SYSTEMS MARKET, BY SERVICES, 2022-2028 (IN $ MILLION)
TABLE 31: ASIA-PACIFIC ENERGY MANAGEMENT SYSTEMS MARKET, BY END-USER, 2022-2028 (IN $ MILLION)
TABLE 32: ASIA-PACIFIC ENERGY MANAGEMENT SYSTEMS MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 33: LATIN AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY TYPE, 2022-2028 (IN $ MILLION)
TABLE 34: LATIN AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY COMPONENT, 2022-2028 (IN $ MILLION)
TABLE 35: LATIN AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY HARDWARE, 2022-2028 (IN $ MILLION)
TABLE 36: LATIN AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY SERVICES, 2022-2028 (IN $ MILLION)
TABLE 37: LATIN AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY END-USER, 2022-2028 (IN $ MILLION)
TABLE 38: LATIN AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 39: MIDDLE EAST AND AFRICA ENERGY MANAGEMENT SYSTEMS MARKET, BY TYPE, 2022-2028 (IN $ MILLION)
TABLE 40: MIDDLE EAST AND AFRICA ENERGY MANAGEMENT SYSTEMS MARKET, BY COMPONENT, 2022-2028 (IN $ MILLION)
TABLE 41: MIDDLE EAST AND AFRICA ENERGY MANAGEMENT SYSTEMS MARKET, BY HARDWARE, 2022-2028 (IN $ MILLION)
TABLE 42: MIDDLE EAST AND AFRICA ENERGY MANAGEMENT SYSTEMS MARKET, BY SERVICES, 2022-2028 (IN $ MILLION)
TABLE 43: MIDDLE EAST AND AFRICA ENERGY MANAGEMENT SYSTEMS MARKET, BY END-USER, 2022-2028 (IN $ MILLION)
TABLE 44: MIDDLE EAST AND AFRICA ENERGY MANAGEMENT SYSTEMS MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

LIST OF FIGURES

FIGURE 1: KEY BUYING IMPACT ANALYSIS
FIGURE 2: MARKET ATTRACTIVENESS INDEX
FIGURE 3: GLOBAL ENERGY MANAGEMENT SYSTEMS MARKET, BY TYPE, 2021 & 2028 (IN %)
FIGURE 4: GLOBAL ENERGY MANAGEMENT SYSTEMS MARKET, BY INDUSTRIAL EMS, 2022-2028 (IN $ MILLION)
FIGURE 5: GLOBAL ENERGY MANAGEMENT SYSTEMS MARKET, BY BUILDING EMS, 2022-2028 (IN $ MILLION)
FIGURE 6: GLOBAL ENERGY MANAGEMENT SYSTEMS MARKET, BY HOME EMS, 2022-2028 (IN $ MILLION)
FIGURE 7: GLOBAL ENERGY MANAGEMENT SYSTEMS MARKET, BY COMPONENT, 2021 & 2028 (IN %)
FIGURE 8: GLOBAL ENERGY MANAGEMENT SYSTEMS MARKET, BY HARDWARE, 2022-2028 (IN $ MILLION)
FIGURE 9: GLOBAL ENERGY MANAGEMENT SYSTEMS MARKET, BY HARDWARE, 2021 & 2028 (IN %)
FIGURE 10: GLOBAL ENERGY MANAGEMENT SYSTEMS MARKET, BY SENSORS, 2022-2028 (IN $ MILLION)
FIGURE 11: GLOBAL ENERGY MANAGEMENT SYSTEMS MARKET, BY ACTUATORS, 2022-2028 (IN $ MILLION)
FIGURE 12: GLOBAL ENERGY MANAGEMENT SYSTEMS MARKET, BY CONTROLLERS, 2022-2028 (IN $ MILLION)
FIGURE 13: GLOBAL ENERGY MANAGEMENT SYSTEMS MARKET, BY THERMOSTATS, 2022-2028 (IN $ MILLION)
FIGURE 14: GLOBAL ENERGY MANAGEMENT SYSTEMS MARKET, BY OTHER HARDWARE COMPONENTS, 2022-2028 (IN $ MILLION)
FIGURE 15: GLOBAL ENERGY MANAGEMENT SYSTEMS MARKET, BY SERVICES, 2022-2028 (IN $ MILLION)
FIGURE 16: GLOBAL ENERGY MANAGEMENT SYSTEMS MARKET, BY SERVICES, 2021 & 2028 (IN %)
FIGURE 17: GLOBAL ENERGY MANAGEMENT SYSTEMS MARKET, BY MONITORING & CONTROL, 2022-2028 (IN $ MILLION)
FIGURE 18: GLOBAL ENERGY MANAGEMENT SYSTEMS MARKET, BY IMPLEMENTATION & INTEGRATION, 2022-2028 (IN $ MILLION)
FIGURE 19: GLOBAL ENERGY MANAGEMENT SYSTEMS MARKET, BY MAINTENANCE, 2022-2028 (IN $ MILLION)
FIGURE 20: GLOBAL ENERGY MANAGEMENT SYSTEMS MARKET, BY CONSULTING & TRAINING, 2022-2028 (IN $ MILLION)
FIGURE 21: GLOBAL ENERGY MANAGEMENT SYSTEMS MARKET, BY END-USER, 2021 & 2028 (IN %)
FIGURE 22: GLOBAL ENERGY MANAGEMENT SYSTEMS MARKET, BY POWER & ENERGY, 2022-2028 (IN $ MILLION)
FIGURE 23: GLOBAL ENERGY MANAGEMENT SYSTEMS MARKET, BY TELECOM & IT, 2022-2028 (IN $ MILLION)
FIGURE 24: GLOBAL ENERGY MANAGEMENT SYSTEMS MARKET, BY MANUFACTURING, 2022-2028 (IN $ MILLION)
FIGURE 25: GLOBAL ENERGY MANAGEMENT SYSTEMS MARKET, BY RETAIL & OFFICES, 2022-2028 (IN $ MILLION)
FIGURE 26: GLOBAL ENERGY MANAGEMENT SYSTEMS MARKET, BY HEALTHCARE, 2022-2028 (IN $ MILLION)
FIGURE 27: GLOBAL ENERGY MANAGEMENT SYSTEMS MARKET, BY OTHER END-USERS, 2022-2028 (IN $ MILLION)
FIGURE 28: GLOBAL ENERGY MANAGEMENT SYSTEMS MARKET, REGIONAL OUTLOOK, 2021 & 2028 (IN %)
FIGURE 29: NORTH AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, COUNTRY OUTLOOK, 2021 & 2028 (IN %)
FIGURE 30: UNITED STATES ENERGY MANAGEMENT SYSTEMS MARKET 2022-2028 (IN $ MILLION)
FIGURE 31: CANADA ENERGY MANAGEMENT SYSTEMS MARKET 2022-2028 (IN $ MILLION)
FIGURE 32: EUROPE ENERGY MANAGEMENT SYSTEMS MARKET, COUNTRY OUTLOOK, 2021 & 2028 (IN %)
FIGURE 33: UNITED KINGDOM ENERGY MANAGEMENT SYSTEMS MARKET 2022-2028 (IN $ MILLION)
FIGURE 34: GERMANY ENERGY MANAGEMENT SYSTEMS MARKET 2022-2028 (IN $ MILLION)
FIGURE 35: FRANCE ENERGY MANAGEMENT SYSTEMS MARKET 2022-2028 (IN $ MILLION)
FIGURE 36: SPAIN ENERGY MANAGEMENT SYSTEMS MARKET 2022-2028 (IN $ MILLION)
FIGURE 37: ITALY ENERGY MANAGEMENT SYSTEMS MARKET 2022-2028 (IN $ MILLION)
FIGURE 38: NORWAY ENERGY MANAGEMENT SYSTEMS MARKET 2022-2028 (IN $ MILLION)
FIGURE 39: REST OF EUROPE ENERGY MANAGEMENT SYSTEMS MARKET 2022-2028 (IN $ MILLION)
FIGURE 40: ASIA-PACIFIC ENERGY MANAGEMENT SYSTEMS MARKET, COUNTRY OUTLOOK, 2021 & 2028 (IN %)
FIGURE 41: CHINA ENERGY MANAGEMENT SYSTEMS MARKET 2022-2028 (IN $ MILLION)
FIGURE 42: JAPAN ENERGY MANAGEMENT SYSTEMS MARKET 2022-2028 (IN $ MILLION)
FIGURE 43: INDIA ENERGY MANAGEMENT SYSTEMS MARKET 2022-2028 (IN $ MILLION)
FIGURE 44: SOUTH KOREA ENERGY MANAGEMENT SYSTEMS MARKET 2022-2028 (IN $ MILLION)
FIGURE 45: ASEAN COUNTRIES ENERGY MANAGEMENT SYSTEMS MARKET 2022-2028 (IN $ MILLION)
FIGURE 46: AUSTRALIA & NEW ZEALAND ENERGY MANAGEMENT SYSTEMS MARKET 2022-2028 (IN $ MILLION)
FIGURE 47: REST OF ASIA-PACIFIC ENERGY MANAGEMENT SYSTEMS MARKET 2022-2028 (IN $ MILLION)
FIGURE 48: LATIN AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, COUNTRY OUTLOOK, 2021 & 2028 (IN %)
FIGURE 49: BRAZIL ENERGY MANAGEMENT SYSTEMS MARKET 2022-2028 (IN $ MILLION)
FIGURE 50: MEXICO ENERGY MANAGEMENT SYSTEMS MARKET 2022-2028 (IN $ MILLION)
FIGURE 51: REST OF LATIN AMERICA ENERGY MANAGEMENT SYSTEMS MARKET 2022-2028 (IN $ MILLION)
FIGURE 52: MIDDLE EAST AND AFRICA ENERGY MANAGEMENT SYSTEMS MARKET, COUNTRY OUTLOOK, 2021 & 2028 (IN %)
FIGURE 53: UNITED ARAB EMIRATES ENERGY MANAGEMENT SYSTEMS MARKET 2022-2028 (IN $ MILLION)
FIGURE 54: SAUDI ARABIA ENERGY MANAGEMENT SYSTEMS MARKET 2022-2028 (IN $ MILLION)
FIGURE 55: ISRAEL ENERGY MANAGEMENT SYSTEMS MARKET 2022-2028 (IN $ MILLION)
FIGURE 56: SOUTH AFRICA ENERGY MANAGEMENT SYSTEMS MARKET 2022-2028 (IN $ MILLION)
FIGURE 57: REST OF MIDDLE EAST & AFRICA ENERGY MANAGEMENT SYSTEMS MARKET 2022-2028 (IN $ MILLION)

The post GLOBAL ENERGY MANAGEMENT SYSTEMS MARKET 2022-2028 first appeared on CRI Report.

According to CRI’s report, the global biomass power market would register growth at a CAGR of 6.08% in the projected duration from 2022 to 2028.
In order to assure energy security and sustainable development, a number of nations shifted their focus on new & renewable energy sources in the early 1970s. For this, their governments implemented favorable policies and regulations, which is expected to favor the growth of the studied market.
However, the limited availability of biomass feedstock and the availability of alternate sources of renewable power are hindering the market progress.
On the bright side, countries across the world are turning to biogas & biomethane to enhance their energy & food security in order to jumpstart their circular economies. This indicates positive growth prospects for the market.

REGIONAL OUTLOOK

The global market for biomass power covers Latin America, North America, the Asia-Pacific, Europe, and the Middle East and Africa.
The Asia-Pacific is the leading market in the region, with the highest revenue share in 2021. Most governments in the region have extended their support towards renewable energy installations through numerous supportive policies, plans, and research & development initiatives. These factors have driven the biomass power market in the Asia Pacific.
Whereas, Latin America is expected to grow the fastest in the global market over the forecasted duration. The key factors responsible for the considerable rise in the demand for biofuels from this region are the increasing initiatives by various countries to ensure their energy security and self-reliance. The high dependence of countries here on depleting fossil fuels has resulted in their respective governments looking for alternative fuels.

COMPETITIVE OUTLOOK

The key players profiled in the report on the biomass power market include Babcock & Wilcox Enterprises, E.ON Energy, Ameresco Inc, Veolia Environnement SA, Xcel Energy Inc, Vattenfall AB, Suez SA, Ramboll Group, Orsted, General Electric Company, Thermax Ltd, Mitsubishi Heavy Industries Ltd, and Valmet Oyj.
General Electric Company (GE) is a globally renowned industrial corporation that offers financial services and industrial equipment. It serves various industries, such as telecommunication, oil & gas, water, metals, mining, aerospace, transportation, power, and healthcare. The company has a business presence across North America, Europe, Asia, the Middle East and Africa, and Latin America.
The 5-megawatt (MW) Karlovo plant in Bulgaria uses three of GE’s high-efficiency, robust and fuel-flexible Jenbacher engines (1 J612 and 2 J620 units) powered by syngas derived from biomass. Also, GE Steam Power, a key solution offered by the company, is used for designing, manufacturing, and supplying all the main components for the biomass power generation plant in Kamisu, Japan.

TABLE OF CONTENTS

1. GLOBAL BIOMASS POWER MARKET – SUMMARY
2. INDUSTRY OUTLOOK
2.1. IMPACT OF COVID-19 ON THE BIOMASS POWER MARKET
2.2. KEY INSIGHT
2.2.1. INCREASED DEMAND FOR BIOMASS DUE TO RISING ENVIRONMENTAL CONCERNS
2.3. PORTER’S FIVE FORCES ANALYSIS
2.3.1. THREAT OF NEW ENTRANTS
2.3.2. THREAT OF SUBSTITUTES
2.3.3. BARGAINING POWER OF BUYERS
2.3.4. BARGAINING POWER OF SUPPLIERS
2.3.5. THREAT OF COMPETITIVE RIVALRY
2.4. KEY BUYING IMPACT ANALYSIS
2.4.1. FAVORABLE REGULATIONS
2.4.2. APPLICATIONS
2.5. MARKET ATTRACTIVENESS INDEX
2.6. VENDOR SCORECARD
2.7. INDUSTRY COMPONENTS
2.8. REGULATORY FRAMEWORK
2.9. KEY MARKET STRATEGIES
2.9.1. ACQUISITIONS
2.9.2. PRODUCT LAUNCHES
2.9.3. CONTRACTS & AGREEMENTS
2.9.4. BUSINESS EXPANSIONS
2.10. MARKET DRIVERS
2.10.1. FAVORABLE GOVERNMENT POLICIES AND REGULATIONS
2.10.2. MINIMUM EXPENDITURE REQUIRED TO PRODUCE ENERGY FROM BIOMASS-FIRED POWER PLANTS
2.11. MARKET CHALLENGES
2.11.1. AVAILABILITY OF ALTERNATE RENEWABLE ENERGY SOURCES
2.11.2. SEASONAL AVAILABILITY OF BIOMASS MATERIAL
2.12. MARKET OPPORTUNITIES
2.12.1. GROWING OPPORTUNITY FOR BIOMASS ENERGY IN EUROPE
2.12.2. PREFERENCE FOR BIOMASS AND BIOGAS TO ATTAIN CIRCULAR ECONOMY GOALS
3. GLOBAL BIOMASS POWER MARKET OUTLOOK – BY FEEDSTOCK
3.1. SOLID BIOMASS
3.2. LIQUID BIOMASS
3.3. BIOGAS
3.4. MUNICIPAL SOLID WASTE
4. GLOBAL BIOMASS POWER MARKET OUTLOOK – BY TECHNOLOGY
4.1. ANAEROBIC DIGESTION
4.2. COMBUSTION
4.3. GASIFICATION
4.4. CO-FIRING & CHP
4.5. LFG
5. GLOBAL BIOMASS POWER MARKET OUTLOOK – BY APPLICATION
5.1. RESIDENTIAL
5.2. COMMERCIAL
5.3. INDUSTRIAL
6. GLOBAL BIOMASS POWER MARKET – REGIONAL OUTLOOK
6.1. NORTH AMERICA
6.1.1. MARKET OUTLOOK BY FEEDSTOCK
6.1.2. MARKET OUTLOOK BY FEEDSTOCK
6.1.3. MARKET OUTLOOK BY TECHNOLOGY
6.1.4. MARKET OUTLOOK BY APPLICATION
6.1.5. COUNTRY ANALYSIS
6.1.5.1. UNITED STATES
6.1.5.2. CANADA
6.2. EUROPE
6.2.1. MARKET OUTLOOK BY FEEDSTOCK
6.2.2. MARKET OUTLOOK BY FEEDSTOCK
6.2.3. MARKET OUTLOOK BY TECHNOLOGY
6.2.4. MARKET OUTLOOK BY APPLICATION
6.2.5. COUNTRY ANALYSIS
6.2.5.1. GERMANY
6.2.5.2. UNITED KINGDOM
6.2.5.3. FRANCE
6.2.5.4. ITALY
6.2.5.5. NORWAY
6.2.5.6. SPAIN
6.2.5.7. BELGIUM
6.2.5.8. POLAND
6.2.5.9. REST OF EUROPE
6.3. ASIA-PACIFIC
6.3.1. MARKET OUTLOOK BY FEEDSTOCK
6.3.2. MARKET OUTLOOK BY FEEDSTOCK
6.3.3. MARKET OUTLOOK BY TECHNOLOGY
6.3.4. MARKET OUTLOOK BY APPLICATION
6.3.5. COUNTRY ANALYSIS
6.3.5.1. CHINA
6.3.5.2. INDIA
6.3.5.3. JAPAN
6.3.5.4. SOUTH KOREA
6.3.5.5. AUSTRALIA
6.3.5.6. ASEAN COUNTRIES
6.3.5.7. REST OF ASIA-PACIFIC
6.4. LATIN AMERICA
6.4.1. MARKET OUTLOOK BY FEEDSTOCK
6.4.2. MARKET OUTLOOK BY FEEDSTOCK
6.4.3. MARKET OUTLOOK BY TECHNOLOGY
6.4.4. MARKET OUTLOOK BY APPLICATION
6.4.5. COUNTRY ANALYSIS
6.4.5.1. BRAZIL
6.4.5.2. MEXICO
6.4.5.3. ARGENTINA
6.4.5.4. REST OF LATIN AMERICA
6.5. MIDDLE EAST AND AFRICA
6.5.1. MARKET OUTLOOK BY FEEDSTOCK
6.5.2. MARKET OUTLOOK BY FEEDSTOCK
6.5.3. MARKET OUTLOOK BY TECHNOLOGY
6.5.4. MARKET OUTLOOK BY APPLICATION
6.5.5. COUNTRY ANALYSIS
6.5.5.1. UNITED ARAB EMIRATES
6.5.5.2. EGYPT
6.5.5.3. TURKEY
6.5.5.4. SOUTH AFRICA
6.5.5.5. REST OF MIDDLE EAST & AFRICA
7. COMPETITIVE LANDSCAPE
7.1. MITSUBISHI HEAVY INDUSTRIES LTD
7.2. GENERAL ELECTRIC COMPANY
7.3. THERMAX LTD
7.4. SUEZ SA
7.5. XCEL ENERGY INC
7.6. RAMBOLL GROUP
7.7. BABCOCK & WILCOX ENTERPRISES
7.8. ORSTED
7.9. AMERESCO INC
7.10. VATTENFALL AB
7.11. E.ON ENERGY
7.12. VEOLIA ENVIRONNEMENT SA
7.13. VALMET OYJ
8. RESEARCH METHODOLOGY & SCOPE
8.1. RESEARCH SCOPE & DELIVERABLES
8.2. SOURCES OF DATA
8.3. RESEARCH METHODOLOGY

TABLE LIST

TABLE 1: GLOBAL BIOMASS POWER MARKET, BY REGIONAL OUTLOOK, 2022-2028 (IN $ BILLION)
TABLE 2: GLOBAL BIOMASS POWER MARKET, BY REGIONAL OUTLOOK, 2022-2028 (IN MILLION MWH)
TABLE 3: VENDOR SCORECARD
TABLE 4: REGULATORY FRAMEWORK
TABLE 5: LIST OF ACQUISITIONS
TABLE 6: LIST OF PRODUCT LAUNCHES
TABLE 7: LIST OF CONTRACTS & AGREEMENTS
TABLE 8: LIST OF BUSINESS EXPANSIONS
TABLE 9: GLOBAL BIOMASS POWER MARKET, BY FEEDSTOCK, 2022-2028 (IN $ BILLION)
TABLE 10: GLOBAL BIOMASS POWER MARKET, BY FEEDSTOCK, 2022-2028 (IN MILLION MWH)
TABLE 11: GLOBAL BIOMASS POWER MARKET, BY TECHNOLOGY, 2022-2028 (IN $ BILLION)
TABLE 12: GLOBAL BIOMASS POWER MARKET, BY APPLICATION, 2022-2028 (IN $ BILLION)
TABLE 13: GLOBAL BIOMASS POWER MARKET, REGIONAL OUTLOOK, 2022-2028 (IN $ BILLION)
TABLE 14: GLOBAL BIOMASS POWER MARKET, REGIONAL OUTLOOK, 2022-2028 (IN $ MILLION MWH)
TABLE 15: NORTH AMERICA BIOMASS POWER MARKET, BY FEEDSTOCK, 2022-2028 (IN $ BILLION)
TABLE 16: NORTH AMERICA BIOMASS POWER MARKET, BY FEEDSTOCK, 2022-2028 (IN $ MILLION MWH)
TABLE 17: NORTH AMERICA BIOMASS POWER MARKET, BY TECHNOLOGY, 2022-2028 (IN $ BILLION)
TABLE 18: NORTH AMERICA BIOMASS POWER MARKET, BY APPLICATION, 2022-2028 (IN $ BILLION)
TABLE 19: NORTH AMERICA BIOMASS POWER MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ BILLION)
TABLE 20: NORTH AMERICA BIOMASS POWER MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION MWH)
TABLE 21: EUROPE BIOMASS POWER MARKET, BY FEEDSTOCK, 2022-2028 (IN $ BILLION)
TABLE 22: EUROPE BIOMASS POWER MARKET, BY FEEDSTOCK, 2022-2028 (IN $ MILLION MWH)
TABLE 23: EUROPE BIOMASS POWER MARKET, BY TECHNOLOGY, 2022-2028 (IN $ BILLION)
TABLE 24: EUROPE BIOMASS POWER MARKET, BY APPLICATION, 2022-2028 (IN $ BILLION)
TABLE 25: EUROPE BIOMASS POWER MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ BILLION)
TABLE 26: EUROPE BIOMASS POWER MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION MWH)
TABLE 27: ASIA-PACIFIC BIOMASS POWER MARKET, BY FEEDSTOCK, 2022-2028 (IN $ BILLION)
TABLE 28: ASIA-PACIFIC BIOMASS POWER MARKET, BY FEEDSTOCK, 2022-2028 (IN $ MILLION MWH)
TABLE 29: ASIA-PACIFIC BIOMASS POWER MARKET, BY TECHNOLOGY, 2022-2028 (IN $ BILLION)
TABLE 30: ASIA-PACIFIC BIOMASS POWER MARKET, BY APPLICATION, 2022-2028 (IN $ BILLION)
TABLE 31: ASIA-PACIFIC BIOMASS POWER MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ BILLION)
TABLE 32: ASIA-PACIFIC BIOMASS POWER MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION MWH)
TABLE 33: LATIN AMERICA BIOMASS POWER MARKET, BY FEEDSTOCK, 2022-2028 (IN $ BILLION)
TABLE 34: LATIN AMERICA BIOMASS POWER MARKET, BY FEEDSTOCK, 2022-2028 (IN $ MILLION MWH)
TABLE 35: LATIN AMERICA BIOMASS POWER MARKET, BY TECHNOLOGY, 2022-2028 (IN $ BILLION)
TABLE 36: LATIN AMERICA BIOMASS POWER MARKET, BY APPLICATION, 2022-2028 (IN $ BILLION)
TABLE 37: LATIN AMERICA BIOMASS POWER MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ BILLION)
TABLE 38: LATIN AMERICA BIOMASS POWER MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION MWH)
TABLE 39: MIDDLE EAST AND AFRICA BIOMASS POWER MARKET, BY FEEDSTOCK, 2022-2028 (IN $ BILLION)
TABLE 40: MIDDLE EAST AND AFRICA BIOMASS POWER MARKET, BY FEEDSTOCK, 2022-2028 (IN $ MILLION MWH)
TABLE 41: MIDDLE EAST AND AFRICA BIOMASS POWER MARKET, BY TECHNOLOGY, 2022-2028 (IN $ BILLION)
TABLE 42: MIDDLE EAST AND AFRICA BIOMASS POWER MARKET, BY APPLICATION, 2022-2028 (IN $ BILLION)
TABLE 43: MIDDLE EAST AND AFRICA BIOMASS POWER MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ BILLION)
TABLE 44: MIDDLE EAST AND AFRICA BIOMASS POWER MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION MWH)

FIGURE LIST

FIGURE 1: KEY BUYING IMPACT ANALYSIS
FIGURE 2: MARKET ATTRACTIVENESS INDEX
FIGURE 3: INDUSTRY COMPONENTS
FIGURE 4: POWER GENERATION FLOW IN A BIOMASS POWER PLANT
FIGURE 5: GLOBAL WIND AND SOLAR POWER, INSTALLED CAPACITY, 2015-2019 (GW)
FIGURE 6: GLOBAL BIOMASS POWER MARKET, BY FEEDSTOCK, 2021 & 2028 (IN %)
FIGURE 7: GLOBAL BIOMASS POWER MARKET, BY SOLID BIOMASS, 2022-2028 (IN $ BILLION)
FIGURE 8: GLOBAL BIOMASS POWER MARKET, BY LIQUID BIOMASS, 2022-2028 (IN $ BILLION)
FIGURE 9: GLOBAL BIOMASS POWER MARKET, BY BIOGAS, 2022-2028 (IN $ BILLION)
FIGURE 10: GLOBAL BIOMASS POWER MARKET, BY MUNICIPAL SOLID WASTE, 2022-2028 (IN $ BILLION)
FIGURE 11: GLOBAL BIOMASS POWER MARKET, BY TECHNOLOGY, 2021 & 2028 (IN %)
FIGURE 12: GLOBAL BIOMASS POWER MARKET, BY ANAEROBIC DIGESTION, 2022-2028 (IN $ BILLION)
FIGURE 13: GLOBAL BIOMASS POWER MARKET, BY COMBUSTION, 2022-2028 (IN $ BILLION)
FIGURE 14: BIOMASS GASIFICATION PROCESS
FIGURE 15: GLOBAL BIOMASS POWER MARKET, BY GASIFICATION, 2022-2028 (IN $ BILLION)
FIGURE 16: GLOBAL BIOMASS POWER MARKET, BY CO-FIRING & CHP, 2022-2028 (IN $ BILLION)
FIGURE 17: GLOBAL BIOMASS POWER MARKET, BY LFG, 2022-2028 (IN $ BILLION)
FIGURE 18: GLOBAL BIOMASS POWER MARKET, BY APPLICATION, 2021 & 2028 (IN %)
FIGURE 19: GLOBAL BIOMASS POWER MARKET, BY RESIDENTIAL, 2022-2028 (IN $ BILLION)
FIGURE 20: GLOBAL BIOMASS POWER MARKET, BY COMMERCIAL, 2022-2028 (IN $ BILLION)
FIGURE 21: GLOBAL BIOMASS POWER MARKET, BY INDUSTRIAL, 2022-2028 (IN $ BILLION)
FIGURE 22: GLOBAL BIOMASS POWER MARKET, REGIONAL OUTLOOK, 2021 & 2028 (IN %)
FIGURE 23: NORTH AMERICA BIOMASS POWER MARKET, COUNTRY OUTLOOK, 2021 & 2028 (IN %)
FIGURE 24: UNITED STATES BIOMASS POWER MARKET 2022-2028 (IN $ BILLION)
FIGURE 25: CANADA BIOMASS POWER MARKET 2022-2028 (IN $ BILLION)
FIGURE 26: EUROPE BIOMASS POWER MARKET, COUNTRY OUTLOOK, 2021 & 2028 (IN %)
FIGURE 27: GERMANY BIOMASS POWER MARKET 2022-2028 (IN $ BILLION)
FIGURE 28: UNITED KINGDOM BIOMASS POWER MARKET 2022-2028 (IN $ BILLION)
FIGURE 29: FRANCE BIOMASS POWER MARKET 2022-2028 (IN $ BILLION)
FIGURE 30: ITALY BIOMASS POWER MARKET 2022-2028 (IN $ BILLION)
FIGURE 31: NORWAY BIOMASS POWER MARKET 2022-2028 (IN $ BILLION)
FIGURE 32: SPAIN BIOMASS POWER MARKET 2022-2028 (IN $ BILLION)
FIGURE 33: BELGIUM BIOMASS POWER MARKET 2022-2028 (IN $ BILLION)
FIGURE 34: POLAND BIOMASS POWER MARKET 2022-2028 (IN $ BILLION)
FIGURE 35: REST OF EUROPE BIOMASS POWER MARKET 2022-2028 (IN $ BILLION)
FIGURE 36: ASIA-PACIFIC BIOMASS POWER MARKET, COUNTRY OUTLOOK, 2021 & 2028 (IN %)
FIGURE 37: CHINA BIOMASS POWER MARKET 2022-2028 (IN $ BILLION)
FIGURE 38: INDIA BIOMASS POWER MARKET 2022-2028 (IN $ BILLION)
FIGURE 39: JAPAN BIOMASS POWER MARKET 2022-2028 (IN $ BILLION)
FIGURE 40: SOUTH KOREA BIOMASS POWER MARKET 2022-2028 (IN $ BILLION)
FIGURE 41: AUSTRALIA BIOMASS POWER MARKET 2022-2028 (IN $ BILLION)
FIGURE 42: ASEAN COUNTRIES BIOMASS POWER MARKET 2022-2028 (IN $ BILLION)
FIGURE 43: REST OF ASIA-PACIFIC BIOMASS POWER MARKET 2022-2028 (IN $ BILLION)
FIGURE 44: LATIN AMERICA BIOMASS POWER MARKET, COUNTRY OUTLOOK, 2021 & 2028 (IN %)
FIGURE 45: BRAZIL BIOMASS POWER MARKET 2022-2028 (IN $ BILLION)
FIGURE 46: MEXICO BIOMASS POWER MARKET 2022-2028 (IN $ BILLION)
FIGURE 47: ARGENTINA BIOMASS POWER MARKET 2022-2028 (IN $ BILLION)
FIGURE 48: REST OF LATIN AMERICA BIOMASS POWER MARKET 2022-2028 (IN $ BILLION)
FIGURE 49: MIDDLE EAST AND AFRICA BIOMASS POWER MARKET, COUNTRY OUTLOOK, 2021 & 2028 (IN %)
FIGURE 50: UNITED ARAB EMIRATES BIOMASS POWER MARKET 2022-2028 (IN $ BILLION)
FIGURE 51: EGYPT BIOMASS POWER MARKET 2022-2028 (IN $ BILLION)
FIGURE 52: TURKEY BIOMASS POWER MARKET 2022-2028 (IN $ BILLION)
FIGURE 53: SOUTH AFRICA BIOMASS POWER MARKET 2022-2028 (IN $ BILLION)
FIGURE 54: REST OF MIDDLE EAST & AFRICA BIOMASS POWER MARKET 2022-2028 (IN $ BILLION)

The post GLOBAL BIOMASS POWER MARKET 2022-2028 first appeared on CRI Report.

The global mycelium market was estimated to be at $2.48 billion in 2020, which is expected to grow with a CAGR of 7.7% and reach $3.84 billion by 2026. The growth in the global mycelium market is expected to be driven by increasing demand for sustainable materials and their contribution to the circular economy.

Market Lifecycle Stage

The mycelium market is still in the nascent phase. Increased research and development activities are underway to develop mycelium-based products, which are expected to increase due to the shift in consumer preference to plant-based meat and veganism.

Increasing investments in R&D of mycelium is one of the major opportunities in the global mycelium market. Moreover, mycelium properties are such that it can be customized based on various applications leading to consumers adopting mycelium-based products in pharmaceutical, construction, electronics, and skin care industry.

Impact

• With an increased worldwide focus on achieving net-zero emissions, the shift to eco-friendly, sustainable products brings significant sales and financing opportunities. The shift is more prominent in food and beverages industry in regions such as North America and Europe. The U.S. plant-based meat retail sales grew by 45% to $1.4 billion sales in 2020. This infers that mycelium can be a great alternative to conventional animal-based food products.
• Furthermore, mycelium-based packaging has a moderate to high impact on the plastic and styrofoam packaging industry. Companies such as Dell and IKEA have already started using mycelium-based packaging materials for their products. Cosmetic companies are using mycelium-based packaging material due to its strength and leakproof properties. Therefore, the customizable properties of mycelium present it as a go-to option for industries globally.

Impact of COVID-19

Since the mycelium products are not much commercialized, the COVID-19 pandemic impact on the global mycelium market has been negligible. Moreover, the rise in the trend of veganism is expected to positively affect the growth of the market in the next 10 years, as mycelium contains low calories and medicinal properties, acting as immunity boosters. Therefore, the consumption and use of other mycelium-based products are expected to increase during and post-COVID-19 pandemic.

Market Segmentation:

• by Application
o Food and Beverage Industry
o Packaging Industry
o Clothing and Apparel Industry
o Animal Feed Industry
o Others

The global mycelium market in the application segment is expected to be dominated by the food and beverage industry. This is due to mycelium being a highly nutritious product and its property to be customized and processed to derive a variety of products.

• by Nature
o Raw
o Processed

The global mycelium market is slightly more dominated by the processed mycelium segment. This is due to the wide variety of products that can be manufactured, resulting in its higher adoption and usage by the end users worldwide.

• by Form
o Pre-Formed Product
o Powder
o Tablet and Capsule

The pre-formed product segment dominates the global mycelium market due to the higher adoption of products such as food and beverage, clothing, and packaging from the pre-formed product. The powder form captures the second position due to the composition mix’s prolonged shelf life and durability.

• by Region
o North America – U.S., Canada, and Mexico
o Europe – Italy, Netherlands, Poland, Spain, France, and Rest-of-Europe
o China
o U.K.
o Asia-Pacific and Japan – Japan, India, South Korea, Australia and New Zealand, Indonesia, and Rest-of-Asia-Pacific and Japan
o Rest-of-the-World

Europe generated the highest revenue of $1.08 billion in 2020, which is attributed to the R&D advancements and supporting government regulations in the Europe region. Europe is an attractive region for the mycelium market because of the availability of the different market fragments.

Recent Developments in Global Mycelium Market

• In November 2021, Magical Mushroom Company set up its new manufacturing sites in Bulgaria and Italy to provide a production capacity of nearly 6 million units per year.
• In June 2021, Ecovative LLC launched its new packaging product named MycoComposite.
• In May 2021, Meati Inc. leased a nearly 76,500 square feet area to set up a production facility with the aim of producing millions of pounds of alternative meat by the end of 2022 by utilizing less than 1% water as that required by animal meat industries.
• In April 2021, Atlast announced to build the largest ethereal mycelium farm in the U.S. to increase its production and supply of meat alternatives
• In July 2020, Quorn invested an amount of $39.52 million in ramping up its production processes. Furthermore, the company had set up new equipment in its production units to fasten and increase production processes in February 2020.

Demand – Drivers and Limitations

Following are the demand drivers for the mycelium market:

• Ongoing Trend of Sustainable Practices and Circular Economy
• Styrofoam and Polystyrene Ban in Various Nations
• Shift in Consumer Behavior and Preference
• Wide Range of Applications
• Low Investment, High-Return Business

The market is expected to face some limitations too due to the following challenges:

• Low Commercialization of Mycelium Products
• Availability of Various Alternatives
• Labor Intensive Business

How This Report Can Add Value

Product/Innovation Strategy: The product segment helps the reader understand the different types of mycelium products available for deployment in the food and beverages, clothing, packaging, and other industries, and their potential globally. Moreover, the study provides the reader a detailed understanding of the different mycelium-based products by application (food and beverage, packaging, clothing and apparel, animal feed, and others), by nature (raw and processed), and by form (pre-formed product, powder, and tablet and capsule). Mycelium-based finished products generate higher revenues when compared to the operational and raw material costs. Therefore, mycelium business is a low-investment and high-revenue generating agricultural model.

Growth/Marketing Strategy: The global mycelium market has seen major development by key players operating in the market, such as business expansion, partnership, collaboration, and joint venture. The favored strategy for the companies has been product launches to strengthen their position in the mycelium market. For instance, in January 2022, M&S Food collaborated with Monaghan Group to supply mycelium protein-based vegetable balls and vegetable mince to expand its plant kitchen range.

Competitive Strategy: Key players in the global mycelium market analyzed and profiled in the study involve mycelium-based product manufacturers that provide raw or processed products. Moreover, a detailed competitive benchmarking of the players operating in the global mycelium market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.

Key Market Players and Competition Synopsis

The companies that are profiled have been selected based on inputs gathered from primary experts, and analyzing company coverage, product portfolio, market penetration.

Leading segments are mycelium-based food & beverage manufacturers, having around 55% market share. Players in other industries such as clothing and apparel, packaging, and animal feed, among others account for rest of the market share.

Some of the prominent names established in this market are:

Company Type 1: Food and Beverage Industry:
• Atlast
• Chinova Bioworks
• ENOUGH
• Meati Inc.
• Monaghan Group
• MycoTechnology, Inc.
• Nature’s Fynd
• PRIME ROOTS
• Quorn

Company Type 2: Packaging Industry:
• Biomyc
• Magical Mushroom Company
• Mushroom Material

Company Type 3: Clothing and Apparel Industry:
• Bolt Threads
• Mycotech Lab
• MycoWorks

Company Type 4: Miscellaneous:
• Ecovative LLC
• eniferBio
• Groundwork BioAg
• Mogu
• Mycorena

Companies that are not a part of the above pool have been well represented across different sections of the report (wherever applicable).

The post Mycelium Market – A Global and Regional Analysis: Focus on Application, Product, and Country-Wise Analysis – Analysis and Forecast, 2020-2026 first appeared on CRI Report.

Market Segmentation

• Workflow – Discovery, Pre-Clinical Tests, and Clinical Trials
• Products – Software, Software-as-a-Service (SaaS), and Consultancy-as-a-Service
• Technology – Artificial Intelligence, Graphics Processing Unit (GPU), and Other Technologies
• Software – Molecular Modeling and De Novo Drug Design Software, Pharmacophore Modeling Software
• End User – Contract Research Organizations, Pharmaceutical and Biopharmaceutical Companies, Academic and Research Institutes, and Other End Users

Regional Segmentation

• North America: U.S., Canada
• Europe: Germany, France, Italy, U.K., Spain, Russia, and Rest-of- Europe
• Asia-Pacific: Japan, China, India, Australia, South Korea, and Rest-of-Asia-Pacific
• Latin America: Brazil, Mexico, Rest-of-Latin America
• Rest-of-the-World

Market Growth Drivers

• Rising Emphasis on Reduction in Medical Errors
• Technological Advancements in the Field of Computational Biology
• Integration of Blockchain Technology in Interoperability
• Rising Adoption of Cloud-Based Application for Drug Discovery

Market Challenges

• Lack of High Complexity Testing Centers
• Expensive In-Silico Drug Discovery Procedures and Decline in the Number of Approved Drugs
• High Capital Requirement Hampering the Expansion of Global Reach

Market Opportunities

• Massive Scope for Adoption of In-Silico Drug Discovery in Developing Nations
• Adoption of Artificial Intelligence in In-Silico Drug Discovery

Key Companies Profiled

Aragen Life Sciences Pvt. Ltd., Curia Global, Inc., Certara, USA., Charles River, Chemical Computing Group ULC., Collaborative Drug Discovery Inc., Dassault Systemes, e-therapeutics plc., Evotec, Insilico Medicine, Ligand Pharmaceuticals Incorporated, Numerate, Inc., PerkinElmer Inc., Schrödinger, Inc., Selvita, Simulations Plus, Tracxn Technologies, WuXi AppTec

Key Questions Answered in this Report:

• How is each segment of the market expected to grow during the forecast period 2021-2031, and what is the anticipated revenue to be generated by each segment? Following are the segments:
o Workflow (Discovery, Pre-Clinical Tests, and Clinical Trials)
o Products (Software, Software-as-a-Service (SaaS), and Consultancy-as-a-Service)
o Technology (Artificial Intelligence, Graphics Processing Unit (GPU), and Other Technologies)
o Software (Molecular Modeling and De Novo Drug Design Software, Pharmacophore Modeling Software)
o End User (Contract Research Organizations, Pharmaceutical and Biopharmaceutical Companies, Academic and Research Institutes, and Other End Users)
o Region (North America, Europe, Asia-Pacific, Latin America, and Rest-of-the-World)
• What are the major market drivers, restraints, and opportunities in the global in-silico drug discovery market?
• What are the underlying structures resulting in the emerging trends within the global in-silico drug discovery market?
• How is each segment of the global in-silico drug discovery market expected to grow during the forecast period, and what will be the expected revenue generated by each of the segments by the end of 2031?
• What are the key developmental strategies implemented by the major players to sustain in the competitive market?
• What are the key regulatory implications in developed and developing regions for in-silico drug discovery?
• Who are the leading players with significant offerings to the global in-silico drug discovery market? What is the current market dominance for each of these leading players?
• What would be the compound growth rate witnessed by the leading players in the market during the forecast period 2021-2031? Which in-silico drug discovery workflow type has the most promising growth?
• What are the major technologies that are employed in the global in-silico drug discovery market? Which is the dominating technology?
• Who are the primary end users of the global in-silico drug discovery market? Which is the fastest-growing end-user segment in the global in-silico drug discovery market?
• Who are the key manufacturers in the global in-silico drug discovery market, and what are their contributions? Also, what is the growth potential of each major in-silico drug discovery manufacturer?
• What is the scope of the global in-silico drug discovery market in North America, Europe, Asia-Pacific, Latin America, and Rest-of-the-World? Which in-silico drug discovery technology and end user dominate these regions?
• What are the emerging trends in the global in-silico drug discovery market? How are these trends revolutionizing the diagnostic procedure?
• Which technologies are anticipated to break through the in-silico drug discovery regime?
• Which companies are anticipated to be highly disruptive in the future and why?
• Which regulatory procedures are required to unify the approval process for the emerging in-silico drug discovery market? How will these enhance the reimbursement scenario?
• What are the gaps in regularizing in-silico drug discovery adoption in regular healthcare routines? How are these gaps being tackled?

Market Overview

In-silico drug discovery methods can help in identifying drug targets via bioinformatics tools. In addition, the methods can also be used to analyze the target structures for possible binding active sites. The use of computational methods and computers permeates all aspects of drug discovery and drug design. The methods are facilitating the access of massive amounts of data generated and transforming the extensive complex biological data into useful knowledge for the drug discovery process. These computational tools offer the advantage of delivering new drug candidates more quickly and at a lower cost.

Our healthcare experts have found the in-silico drug discovery market to be one of the stable markets, and the global market is predicted to grow from $2,129.8 million in 2020 to $6,515.3 million in 2031 and is expected to grow with a CAGR of 10.52% during the forecast period 2021-2031.

Factors fueling the growth of the market include the rising emphasis on reduction in medical errors, technological advancements in the field of computational biology, and the rising adoption of cloud-based applications in drug discovery procedures. New drug compounds have been developed using computational methods successfully. The developments in computational biology have eased the data analytics and analysis phases of sequencing and have resulted in fewer turnaround times and greater accuracy.

Within the research report, the market has been segmented based on workflow, product, technology, software type, end user, and region. Each of these segments covers the snapshot of the market over the projected years, the inclination of the market revenue, underlying patterns, and trends by using analytics on the primary and secondary data obtained.

Competitive Landscape

The exponential rise in the prevalence of infectious diseases and various types of cancer globally has created a buzz among companies to invest in advanced technologies such as artificial intelligence.

Based on region, North America holds the largest share, owing to improved healthcare infrastructure, rise in per capita income, and improvised reimbursement policies in the region. However, the Asia-Pacific and Europe regions are anticipated to grow at the fastest CAGR during the forecast period.

Related reports: Global E-discovery Market Market Analysis and Forecast Report 2030

The post In-Silico Drug Discovery Market: Focus on Product, Workflow, Technology, and End User – Analysis and Forecast, 2021-2031 first appeared on CRI Report.

Market Segmentation

• Application: Radiofrequency (RF) Devices, Optoelectronics, Power Electronics
• Substrate Type: GaN-on-Si, GaN-on-Sapphire, GaN-on-SiC, Others

Regional Segmentation

• North America: U.S., Canada, and Mexico
• Europe: Germany, France, Netherlands, and Rest-of-Europe
• U.K.
• China
• Asia-Pacific and Japan: Japan, South Korea, Taiwan, and Rest-of-Asia-Pacific
• Rest-of-the-World: South America and Middle East and Africa

Market Growth Drivers

• GaN Technology Propelling the Growth of Electric Vehicles Efficiency
• Continuous Emergence of Technologies in GaN Ecosystem
• Suitability of GaN in RF Applications
• Increasing Adoption of GaN RF Semiconductor Devices for Defense and Aerospace Applications
• Glass-Like Material and GaN Holding the Potential to Sweep off Silicon from the Market

Market Challenges

• Higher Efficacy of GaN Alternative Such as Silicon Carbide for High-Voltage Semiconductor Applications
• Limited Production of GaN May Act as a Hindrance to the Growth of GaN

Market Opportunities

• Potential Use of GaN in 5G Infrastructure Development
• GaN Technology Strike a Ray of Advancement for Space Industry

Key Companies Profiled

Wolfspeed, Inc., Furukawa Co., Ltd., IQE PLC, Infineon Technologies AG, Mitsubishi Chemical Corporation, SOITEC, FUJITSU, Qorvo, Inc., Semiconductor Components Industries, LLC, American Elements, Taiwan Semiconductor Manufacturing Company Limited, DOWA Electronics Materials Co., Ltd., Kyma Technologies, Inc., Powdec K.K., Shanghai Famous Trade Co., Ltd.

How This Report Can Add Value

This report will help with the following objectives:

• A dedicated section focusing on the futuristic trends adopted by the key players operating in the global gallium nitride market
• Extensive competitive benchmarking of top 15 players (including producers and component providers) offering a holistic view of the global gallium nitride landscape
• Qualitative and quantitative analysis of gallium nitride industry at country level granularity based on region, application, and substrate type segments

Market by Product: Analysis and Forecast: The product segment helps the reader in understanding different types of substrate types (GaN-on-Si, GaN-on-Sapphire, GaN-on-SiC, others) associated with gallium nitride.

Market by Application: Analysis and Forecast: The report also includes a thorough qualitative and quantitative analysis of various application areas such as RF devices (wireless infrastructure, aerospace and defense, satellite communication, point-to-point-radio, others), optoelectronics (LED, laser, others), power electronics (power supply, EV/HEV, LiDAR, server and data centers, wireless power, solar photovoltaic, envelop tracking, UV detector, others).

Key Questions Answered in the Report

• What are the major factors and trends that are impacting the gallium nitride market, and how the COVID-19 has affected the market?
• What are the steps taken by the existing players to improve their market positioning, and is there any substitute used in the end-use industry for gallium nitride?
• Which are the leading types and applications in the market, and how are they expected to perform in the coming years?
• What are the latest developments across the globe with respect to research and development, and what would be the trending technology used in the gallium nitride market?
• What are the consumption patterns of gallium nitride across different regions and countries? Moreover, is there any government regulation across the globe impacting the gallium nitride market?

Gallium Nitride Market

Gallium nitride (GaN) is a very hard and mechanically stable wide bandgap (WBG) semiconductor, as it has a hexagonal crystal structure. The critical factors of gallium nitride material responsible for its adoption in the market are reliability, compact size, high efficiency, fast switching speed, low on-resistance, and high thermal conductivity, among other types of semiconductors such as silicon (Si) and silicon carbide (Sic).

The gallium nitride market has been developing significantly since 1990, and much can be attributed to the technological advancements in this field. The ecosystem of the gallium nitride market comprises GaN wafers manufacturers, GaN epitaxy producers, GaN device processing companies, GaN module manufacturers, and end users.

The market is still developing, with North America at the forefront, followed by Europe, Asia-Pacific, the U.K., China, and Rest-of-the-World.

Gallium Nitride Industry Overview

The global gallium nitride market was valued at $270.00 million in 2020 and is expected to reach $2,956.03 million by 2031, growing at a CAGR of 24.65% between 2021 and 2031.

The gallium nitride market is driven by several factors such as use of GaN in electric vehicles to increase their efficiency, continuous technological advancement in GaN ecosystem, suitability of GaN in radio frequency (RF) applications, and its property which can sweep off silicon from the market.

Market Segmentation

Gallium Nitride Market by Application

Among different gallium nitride applications, RF devices dominate the market and are expected to be the largest application during the forecast period. The growing use of gallium nitride in the RF devices application segment is majorly subjected to its high-performance, high-efficiency delivery, and reliable semiconductor material for these devices.

Companies working on GaN-based RF devices are investing heavily in the research and development of gallium nitride technology.

Gallium Nitride Market by Substrate Type

Among different gallium nitride substrate types, GaN-on-Si dominates the market and is expected to be the largest substrate type during the forecast period.

The dominance of GaN-on-Si substrate is attributed to wide use in the applications of gallium nitride such as RF devices (wireless infrastructure, aerospace and defense, satellite communication, point-to-point-radio, others), optoelectronics (LED, laser, others), power electronics (power supply, EV/HEV, LiDAR, server and data centers, wireless power, solar photovoltaic, envelop tracking, UV detector, others).

This substrate is widely accepted by the electronic industry, which prefers bulk substrates for commercializing its GaN-based products. However, GaN-on-Si is being preferred over GaN-on-SiC. Ongoing research work is being conducted to remove cost restraints, to deliver high-quality devices based on Si substrate material. GaN-on-Si devices offer high voltage features on appreciably reduced chip sizes.

Gallium Nitride Market by Region

The demand for gallium nitride varies according to various regions. The gallium nitride market holds a prominent share in various countries of North America, Asia-Pacific and Japan, Europe, the U.K., China, and Rest-of-the-World, among which North America was the largest region for gallium nitride market in 2020 in terms of value.

Industrial advancements, extensive investments for dedicated R&D facilities, and the development of different application products that require gallium nitride are some of the major drivers that are currently propelling the growth of the global gallium nitride market in North America.

Key Market Players and Competition Synopsis

Wolfspeed, Inc., Furukawa Co., Ltd., IQE PLC, Infineon Technologies AG, Mitsubishi Chemical Corporation, SOITEC, FUJITSU, Qorvo, Inc., Semiconductor Components Industries, LLC, American Elements, Taiwan Semiconductor Manufacturing Company Limited, DOWA Electronics Materials Co., Ltd., Kyma Technologies, Inc., Powdec K.K., Shanghai Famous Trade Co., Ltd.

The companies that are profiled in the report have been selected based on a selective pool of players, primarily Tier-1 (holding 50-60% of the market) and mid-segment players (comprising 30-40% share), and small and emerging companies (holding the balance 10-20% share), based on various factors such as product portfolios, annual revenues, market penetrations, research, and development initiatives, along with a domestic and international presence in the gallium nitride industry.

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The post Gallium Nitride Market – A Global and Regional Analysis: Focus on Application, Substrate Type, and Country-Wise Analysis – Analysis and Forecast, 2021-2031 first appeared on CRI Report.

Market Segmentation

• Products (Systems, Kits and Assays, Software) and Services
• Technology (Single-Molecule Real-Time (SMRT) Sequencing, Nanopore Sequencing, Synthetic Long-Read Sequencing, and Others)
• Application (Oncology, Infectious Diseases, Rare Diseases, Genetic Disorders, Metabolic Disorders, and Translational Research)
• End User (Academic and Research Institutions, Pharma and Biotech Companies, Clinical Laboratories, Hospitals and Clinics, and Other End Users)

Regional Segmentation

• North America: U.S., Canada
• Europe: Germany, France, Italy, U.K., Spain, Netherland, Russia and Rest-of-the-Europe
• Asia-Pacific: Japan, China, India, Australia, South Korea, Singapore, and Rest-of-APAC
• Latin America: Brazil, Mexico, Rest-of-Latin America
• Rest-of-the-World (RoW)

Market Growth Drivers

• Decreasing Cost of Sequencing
• Global Increase in Cancer Prevalence
• Increasing Number of Population Genomics Initiatives

Market Challenges

• Lack of High Complexity Genomic Testing Centers in High Potential Markets
• Challenges Pertaining to Genomic Data Centers
• Scarcity of Knowledge Dissemination Pertaining to Advanced Diagnostic Capabilities

Market Opportunities

• Massive Scope for Adoption of Genomic Data Analysis Software in Emerging Nations
• Novel Diagnostic Applications

Key Companies Profiled

Agilent Technologies, Inc., Beijing Genomics Institute (BGI) Genomics Co., Ltd, Bionano Genomics, Inc., F. Hoffmann-La Roche Ltd., Illumina, Inc., Longas Technologies Pty Ltd, Novogene Co., Ltd., Oxford Nanopore Technologies, Inc., Pacific Biosciences of California, Inc., PerkinElmer Inc., QIAGEN N.V., Quantapore, Inc., and Thermo Fisher Scientific Inc.

Key Questions Answered in this Report:

• How is long-read sequencing revolutionizing the field of next generation sequencing?
• What are the major market drivers, challenges, and opportunities in the global long-read sequencing market?
• What are the underlying structures resulting in the emerging trends within the global long-read sequencing market?
• How is the COVID-19 pandemic impacting the global long-read sequencing market landscape?
• What are the key development strategies that are being implemented by the major players in order to sustain themselves in the competitive market?
• What are the key regulatory implications in developed and developing regions pertaining to long-read sequencing?
• What are the potential entry barriers, which are expected to be faced by the companies willing to enter a particular region for the development of long-read sequencing?
• How is each segment of the market expected to grow during the forecast period 2021-2030, and what is the anticipated revenue to be generated by each segment? Following are the segments:
• Products (systems, kits, and assays, software) and services
• Technology (single-molecule real-time (SRMT) sequencing, nanopore sequencing, synthetic long-read sequencing, and others)
• Application (oncology, infectious diseases, rare diseases, genetic disorders, metabolic disorders, and translational research)
• End user (academic and research institutions, pharma and biotech companies, clinical laboratories, hospitals and clinics, and other end users)
• Region (North America, Europe, Asia-Pacific, Latin America, and Rest-of-the-World)
• What are the growth opportunities for the companies in the region of their operation?
• Who are the leading players with significant offerings in the global long-read sequencing market?
• Which companies are anticipated to be highly disruptive in the future, and why?
• What are the current unmet needs that are being faced in the global long-read sequencing market?

Market Overview

Long-read sequencing is overcoming early limitations in throughput and accuracy. The sequencing methods are broadening their application domains in genomics and data analysis. Dedicated analysis tools that consider the characteristics of long-read data sequencing are required, while the fast pace of development of such tools can be overwhelming.

Long-read sequencing, or third-generation sequencing, offers several advantages over short-read sequencing. However, short-read sequencers such as Illumina’s NovaSeq, HiSeq, NextSeq, and MiSeq instruments, BGI’s MGISEQ and BGISEQ models, or Thermo Fisher’s Ion Torrent sequencers produce reads of up to 600 bases for long-read sequencing technologies routinely generate reads over 10 kb.

Long-read sequencing analysis is a process that helps researchers and clinicians to analyze and interpret data generated by modern genomics technologies, such as NGS and PCR. As sequencing technologies are producing millions of high-quality reads per run, the adoption of robust long-read sequencing solutions has increased significantly over the past few years.

Our healthcare experts have found long-read sequencing to be one of the most rapidly evolving technologies, and the global market is predicted to grow at a CAGR of 21.15% over the forecast period of 2021-2030.

Factors fueling the growth of the market include a decrease in the cost of sequencing, a global increase in cancer prevalence, and an increase in the number of population genomics initiatives.

Despite rapid advanced industry growth, there are several key issues that need to be addressed to facilitate future growth. The lack of high complexity genomic testing centers in high potential markets, challenges pertaining to genomic data storage, and scarcity of knowledge dissemination pertaining to advanced diagnostic capabilities are the major challenges for the growth of the market.

Further, some of the opportunities, such as massive scope for adoption of genomic data analysis software in emerging nations, provide growth to the market.

Within the research report, the market has been segmented on the basis of products and services, technology, application, and region. Each of these segments covers the snapshot of the market over the projected years, the inclination of the market revenue, underlying patterns, and trends by using analytics on the primary and secondary data obtained.

Competitive Landscape

The exponential rise in the cases of cancer and genetic disorders on the global level has created a buzz among companies to invest in the advanced technologies of next-generation sequencing.

Based on region, North America holds the largest share, owing to improved healthcare infrastructure, rise in per capita income, and improvised reimbursement policies in the region. Apart from this, the Asia-Pacific and Europe regions are anticipated to grow at the fastest CAGR during the forecast period.

Global Industrial Microbiological QC Market: Focus on Market Offering, Technology Trends, Application, End User, Regulatory Framework, 13 Countries’ Analysis Competitive Analysis and Forecast, 2021-2031

The post Global Long-Read Sequencing Market: Focus on Products and Services, Technology, Application, End User, Country Data (17 Countries), and Competitive Landscape – Analysis and Forecast, 2021-2030 first appeared on CRI Report.

Market Dynamics
As per this report, Global Compounding Chemotherapy Market is anticipated to exhibit a CAGR of 6.04% during the review period of 2020 to 2027, to surpass USD 635.58 Million by 2027. The global market growth is driven by the surged incidences of cancer, increasing expenditure on medicine & science and reimbursements, and increased health benefits.

Further, the Compounding chemotherapy market is attributed to the emerging technical advancements, innovations, and strategies to cater to the demands of clinicians.

The global Compounding Chemotherapy Market is expected to witness substantial market growth owing to the highest market contribution in 2019. The rising opioid scarcity is predicted to increase the demand for compounding chemotherapy globally for compounding chemotherapy.

The growth of the market is driven by the benefits of easy-to-use medicines, allowing alternative dosage types to access expired medicines, and making medicines allergen safe. Additionally, hospitals and other healthcare providers are allowing customers to purchase medications that are compounded.

Stem Cell Therapy Market – Forecast till 2027

Market Segmentation
Global Compounding Chemotherapy Market has been classified in terms of Dose, Compounding Type, Delivery Method, Sterility, Technology, Compounder Type, and Application.

Global Compounding Chemotherapy Market in terms of the dose has been bifurcated into chemotherapeutic and non-chemotherapeutics. The global compounding chemotherapy market, by compounding type, has been classified into pharmaceutical ingredient alteration (PIA), currently unavailable pharmaceutical manufacturing (CUPM), and pharmaceutical dosage alteration (PDA).

The PDA segment is evaluated to register a fastest growth rate during the forecast period. Based on the delivery method, the global market has been divided into gravimetric automated compounding devices (weight-based) and volumetric automated compounding devices (volume-based).

Based on the global compounding chemotherapy market, has been bifurcated into sterile and non-sterile. The sterile is expected to lead the market owing to the largest share of 56.0% in 2019.

Regional Analysis
Region-specific analysis of Global Compounding Chemotherapy Market, based on region, has been classified into the Americas, Europe, Asia-Pacific, and the Middle East & Africa.

The Americas is likely to drive the largest market owing to the surge in cancer patients, an increase in health care rates, and the growing requirement for treatment with chemotherapy in the area. The regional market has been classified into North America and Latin America, with the North American market further divided into the US and Canada.

The European compounding chemotherapy market has been classified into Western Europe and Eastern Europe. The Western Europe compounding chemotherapy market is spread across Germany, France, the UK, Italy, Spain, and the Rest of Western Europe.

The regional market has been driven by the government-based research program aimed at curing the rising number of cancer cases and increased health spending pushes the growth of the regional chemotherapy market.

Major Players
The Key Players in the Global Compounding Chemotherapy Market include Braun Melsungen AG, Pfizer Inc., Baxter, Grifols SA, The Metrix Company, Added Pharma, Equashield, Millers Pharmacy, Comecer S.P.A., Omnicell, Icon group, Dedalus Group, Arxium, Sterline S.R.L., and Loccioni.

COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries.

Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.

The post Global Compounding Chemotherapy Market Research Report—Forecast till 2027 first appeared on CRI Report.