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4 Key Factors Propelling Airport Security Surveillance Demand

terrorist

4 Key Factors Propelling Airport Security Surveillance Demand

To ensure that the level of security is at an all-time high, airport security experts have been taking drastic measures, including cabin checks and the deployment of armed or unarmed security guards.

Even during the COVID-19 pandemic and consequent staff shortage at airports, government bodies continue to conduct a range of procedures to enhance security screening procedures.

In 2021, the Transportation Security Administration introduced new protocols to facilitate a smooth and safe screening process to address the burgeoning passenger traffic, such as the adoption of CT
(computed tomography) units to provide 3-D images of carry-on bags’ contents. As per the Federal Aviation Administration, there were more than 5,550 reports of unruly passengers between January and December 2021, which could drive airport security market demand over the years ahead.

With the growing number of air passengers, several aviation agencies and government bodies are focusing on embracing new technologies and improving surveillance and access control across multiple airports.

Following are 4 prominent factors bolstering airport security industry expansion:

  • Deployment of IoT and AI tech in analytics and security systems

Airport stakeholders are consistently developing visions for the digitalization of airport operations and digital terminals through automation and innovative technologies. New information and

communications technologies like AI and IoT sensors are at the peak of inflated expectations to induce these changes, contributing to the revolution of airport security systems.
To deliver a high level of security, GMR Hyderabad International Airport Ltd. announced the implementation of Queue Management Systems in June 2021. These systems combined AI video analytics and IoT security cameras to reduce waiting time at passenger touchpoints, thus enhancing passenger experience and safety.

  • Technological innovation in aviation sector

While AI technology is increasingly used to automate security checkpoints in the aviation industry, adversarial AI can cause ML models to wrongly interpret inputs and behave in a manner favorable to attackers. As a result, cyber-security risks may evolve rapidly, and the low costs of cyber-attacks can make them easily affordable to criminal and terrorist organizations, creating a major hindrance to procedures like automated airport security checking. As per the European Aviation Safety Agency’s estimates, over 1,000 attacks occur on aviation systems per month, emerging as a threat to airport security, safety, and reputation. Despite the rising number of attackers and the risks of technological advancement, however, AI also comes along with a range of opportunities capable of increasing the efficiency of airports, thereby augmenting the demand for airport body scanners and other security equipment.

  •  Regulatory frameworks and workshops against terrorist attacks

Numerous legal frameworks and regulations have been introduced worldwide to prevent and effectively respond to terrorist acts against maritime and air transportation. Out of the 19 international legal instruments, 12 of them are related to terrorism prevention in the international civil aviation and maritime navigation sectors.

Also, in an attempt to address terrorist attacks in airports, the APEC (Asia-Pacific Economic Cooperation) CTWG (Counter-Terrorism Working Group) held a virtual workshop on the Soft Target Protection in an Aviation Ecosystem. This workshop was aimed at discussing the challenges associated with soft target protection across the commercial aviation sector. These initiatives could encourage the usage of airport security scanners and other cutting-edge devices to help airport systems respond and recover from
terrorist attacks.

  • Spending on airport upgradation projects

Following a decline in capital expenditure during the initial months of the COVID-19 pandemic, the U.S. Department of Transportation’s FAA (Federal Aviation Administration) granted around $845 million for projects at over 388 airports in 49 states as well as the District of Columbia in July 2021. Tucson International Airport was among the recipients of this grant and obtained $22.4 million for the overhaul of the Runway 11R/29L and the airport’s safety enhancement program.

In addition, a partial recovery in capital investment by over 14% to $12 billion was expected in 2021. With the gradual revival of airport business from the pandemic disruptions, the airport security market
is projected to grow substantially over the coming years.

transmission

HVDC Cables Industry to Find Substantial Boost Form Underground Installations

The need for uninterrupted electricity supply is growing at a strong pace due to rising urbanization and industrialization. As companies are expanding their network domestically and internationally, there is a high demand for T&D systems that can endure the enormous load of operations carried out in factories.

Governments across the world are offering financial support to upgrade the power transmission and distribution infrastructure to meet the energy demands. HVDC cables are suitable for manufacturing plants set up in far-off locations as they are efficient in transmitting large amounts of electricity at longer distances.

According to recent study by Global Market Insights Inc., The global HVDC cables market is expected to record USD 16 Billion revenue by 2030.

The cables are useful for transmission projects that use desynchronized networks. Moreover, the dissipation loss is significantly lower as compared to the HVAC cables and also require lesser material because they use only one power line to transmit electricity. These features will boost global HVDC cables market value through 2022-2030.

HVDC cables used for underground installations:

The underground installation segment will capture a major share of global HVDC cables market by 2030 as the number of factories are increasing at a notable rate. It has accelerated the demand for electricity, thereby prompting organizations to install underground electric cables.

HVDC underground cables can greatly reduce transmission losses and safely transport large quantities of electricity over longer distances. This type of cable installation can save a lot of money and time for businesses as few cables are required. Advantages, such as high reliability in power supply, reduced electromagnetic fields which avoid health issues, and resistance to extreme weather conditions will amplify the demand for underground installation of HVDC cables.

UHVDC cables gain traction among end-users:

Ultra-high voltage DC cables industry share is predicted to surpass USD 8 billion by 2030. These cables can transmit power higher than 600 kV to longer distances as compared to the high voltage ones. Just like the high voltage cables, UHVDCs can play an important role in reducing the transmission or dissipation losses, which can help companies save money on their electricity bills.

Governments are adopting UHVDC technology as part of their transition towards green energy. For instance, China has confirmed that it will keep investing in expanding its domestic grid infrastructure, with a notable share towards ultra-high voltage transmission lines. The country aims to reinforce electricity stability to boost green power consumption using more reliable T&D networks.

Role of HVDC cables in cross-border connections:

Cross-border connections will capture a sizeable share of HVDC cables industry by 2030 as the concept of cross-border electricity trade is gradually picking pace. Several countries are gaining
awareness about the benefits of cross-border electric connections for their power infrastructure.

Cross-border power trade can support a nation’s goals, such as enhancing the resilience of the grid infrastructure and amplifying the reach or access of electrical networks to remote places.
The different projects undertaken by European governments to improve the quality and quantity of electricity transmission will have a positive impact on the adoption of HVDC cables to enable cross-border power connections.

Global HVDC cables industry outlook will be favored by the rising demand for a continuous supply of electricity and the introduction of favorable government initiatives to boost the overall power grid infrastructure. Eminent companies, such as Prysmian Group, NKT, Nexans, Mitsubishi Electric Corporation, Hitachi, Siemens AG, General Electric, and Toshiba Corporation, among several others, are the top producers of high, extra-high, and ultra-high HVDC cables. These products are being used in overhead, underground, and submarine installations and have robust applications in intra-regional and cross border deployments.

airport

Airport Cabin Baggage Scanner Market: 3 Regional Developments Expected to Impel the Business Growth Through 2028

The airport cabin baggage scanner market has recorded a surging demand for cabinet-style X-ray machines over the recent years. The growth can be attributed to their accuracy, safety, and small size as
compared to conveyor scanners.

The rising adoption of similar technologies in tandem with an increase in acquisition and merger initiatives by leading industry players is poised to create favorable ground for the business expansion in the coming years. According to the latest research conducted by Global Market Insights Inc., the overall airport cabin baggage scanner market size is estimated to surpass USD 4 billion by 2028.

Some of the prominent regional advancements that are expected to impel the business landscape have been enlisted below:

Growing investment initiatives in Europe

Several airports in Europe are investing in next-generation bag scanning technology. These are being adopted for enabling passengers to pass through security without the tiresome process of removing laptops and liquids from hand luggage.

An instance of the same is the Heathrow airport in London. In March 2021, the airport hit the headlines for plans to adopt a CT technology cabin baggage screening system that provided the highest level of detection using 3D images. The system also offered the advantage of advanced explosives detection and could allow for liquids and electronics to remain in the bag. An increase in such steps is expected to impel the regional industry landscape over 2022-2028.

Increasing number of partnerships and agreements in the Asia

Pacific Asia Pacific airport cabin baggage scanner market value is mainly being driven by an increase in the number of contracts and agreements. Quoting an example, in April 2022, Smiths Detection secured a contract via Donggok Precision Co., Ltd. The contract was aimed at supplying an array of leading-edge passenger baggage screening equipment at Terminal 1 of Incheon International Airport, South Korea.

Post a successful trial period, the company would offer ten HI-SCAN 6040 CTiX scanners that deploy Computed Tomography technology for the generation of 3D images with low false alarm rates and a
very high level of detection.

Favorable government initiatives in North America

North America airport cabin baggage scanner industry is estimated to register a considerable growth through 2028. The upsurge can be credited to an increase in the adoption of regulatory policies in Canada and the U.S.

Citing an instance, in March 2022, the Transportation Security Administration announced plans to spend USD 781.2 million for scanners that enable quick and thorough scanning of carry-on bags for explosives and weapons. The regulator is likely to install 938 scanners utilizing computed tomography technology at most of the key airports in the U.S. over the next few years.

Way forward

The following years are touted to register an increase in the demand for sturdy conveyors owing to rising product developments by leading industry players. Some of the key companies include Safeway Inspection System Limited, Totalpost Mailing Ltd., Integrated Defense & Security Solutions, Vanderlande Industries B.V., Gilardoni Spa, Astrophysics, Inc., and others. These aspects are expected to bolster airport cabin baggage scanner market share across various regions.

fitness

3 Pivotal Trends Expanding Fitness Equipment Market by 2027

The global fitness equipment market is slated to gain significant momentum over the forthcoming years, given the robust focus on maintaining health & well-being worldwide. The escalating adoption of sedentary lifestyle and the resultant increase in the prominence of adverse health conditions such as heart disease have stressed the need to fit exercise into the daily routine.

There has been a substantial rise in the demand for connected devices owing to the rapid advancements in technology, with digital connectivity considerably revolutionizing the fitness industry. In addition, the seamless connection of devices through the deployment of IoT, Bluetooth, GPS, and other technologies
will further add impetus to the overall fitness equipment business over the forecast spell.

As per Global Market Insights, Inc. estimates, the global fitness equipment market size is expected to register revenue of over $25 billion by 2027.

Following are 3 trends augmenting fitness equipment industry share:

1. Rapid introduction of remote workout sessions amid COVID-19

Mounting demand for online fitness sessions, along with the escalating number of fitness centers and health clubs in the MEA and Latin America, will further contribute to the overall fitness equipment market forecast in years ahead.

In the wake of the coronavirus pandemic, the fitness industry has been observing a significant upsurge, with manufacturers rapidly introducing multiple compact fitness products to be installed at their homes. For example, in March 2021, Lifepro unveiled two in-home, adjustable dumbbell sets, PowerFlow Plus and PowerUp, designed to offer affordable and professional-grade workouts.

Rising prevalence of chronic heart diseases has also led to high awareness about fitness equipment and their uses. As per the CDC, heart disease has emerged as the predominant cause of death among the ethnic and racial groups in the United States, thus resulting in the increased consumption of cardiovascular equipment.

2. Rising adoption of stationary exercise bikes due to compact size

Considering the equipment, the exercise bikes segment is projected to register a considerable revenue in years ahead, on account of the increasing adoption of stationary exercise bikes due to their compact size, ease of installation, and other health benefits. The product is capable of improving oxygen & blood flow throughout the body as well as effectively strengthening lungs, heart, and muscles.

With regards to the end use spectrum, the global fitness equipment market from the hotel segment will hold an appreciable share in years to come, which can be credited to the rapid incorporation of fitness centers in the burgeoning hospitality sector. The segmental growth will further be boosted by the accelerating introduction of solutions that are tailored to meet the specific hotel requirements.

3. Growing number of health-conscious consumers in APAC region

On the regional front, the Asia Pacific fitness equipment industry is set to depict a remarkable growth rate through 2027, due to the rising disposable incomes, strong product demand in countries like India, South Korea, and China, and increasing population of health-conscious consumers. The regional industry will further be fostered by the presence of large youth and working population base. Consumers across the region are currently placing high emphasis on stress management, thus motivating them to conduct several recreational activities and exercises on the daily basis.

Key fitness equipment market participants are focusing on varied strategies such as innovative product launches and mergers & acquisitions to solidify their position and capture a large market share. To illustrate, Cult.fit acquired a fitness startup Tread in June 2021 to launch the hardware-at-home vertical, with an objective to become one of the leading fitness equipment brands in India.
In essence, high economic growth, adoption of the sedentary lifestyle, especially due to the COVID-19 lockdown measures, and subsequent surge in prevalence of cardiovascular and chronic diseases across the globe are among the major drivers for strong adoption of advanced fitness equipment over the foreseeable future.

sensor

3 key trends bolstering current sensor market share through 2027

The global current sensor market value is expected to register commendable expansion over the forthcoming years, impelled by the rising demand for magneto resistive technology across various regions. The technology offers high-end specifications comprising low output noise, core-less architecture, high linearity, and low hysteresis. It is extensively deployed in the energy/utility sector, owing to high sensitivity, reliable performance, and design flexibility in harsh operating conditions.

Impelled by these factors, current sensor market size is estimated to surpass a valuation of USD 3 billion by 2027, as stated by the latest research conducted by Global Market Insights, Inc.

Numerous current sensor companies, including TDK Corporation, Allegro MicroSystems, Infineon Technologies AG, Silicon Laboratories, Honeywell International, Aceinna, and others, are focusing on the adoption of strategic moves such as mergers, acquisitions, and product developments for consolidating their position in the market.


For instance, in October 2021, Infineon Technologies AG launched its XENSIV TLE4972 automotive current sensor, which makes use of the company’s well-proven Hall technology for stable and precise current measurements.

Quoting another instance, in September 2021, Hioki rolled out two new products, comprising an AC/DC sensor and a power analyzer. The solutions have been designed for ensuring the efficient and safe use of energy via accurate electric flow measurement in wind & solar power-generation equipment.

Here are some pivotal trends that are expected to influence current sensor industry expansion over the ensuing years:

Rising demand for UPS & SMPS

The market revenue from UPS (Uninterrupted Power Supply) & SMPS (Switched-Mode Power Supply) applications is anticipated to escalate at a CAGR of 7% between 2021 and 2027. This rise is majorly impelled by the surging demand for high-speed broadband connections and cloud-based services in data centers.

Different current sensor types help in the improvement of UPS and SMPS in an efficient manner by limiting the flow of reverse current in systems, while enhancing safety. The technology has advanced from conventional large sizes to compact rack systems for data centers.

Increasing adoption of e-mobility across Europe

Rising formulation of strict safety and emission regulations is encouraging the adoption of e-mobility in Europe, boosting current sensor industry outlook in the coming years. Citing an instance, the EC (European Commission) has set an aggressive CO2 emission reduction target for the transportation industry through 2050. The sector, therefore, anticipates a high penetration of EVs between 2030 and 2050.

Key automotive OEMs in the region, comprising Audi, BMW Group, PSA Group, and others, are focusing on the development of advanced automotive safety systems, comprising ADAS and self-driving cars. Owing to these aspects, Europe current sensor market value is estimated to register a CAGR of 5.5% from 2021 to 2027.

Expanding product deployment across the telecommunication sector

The telecommunication segment accounted for nearly 10% of the market revenue in 2020 and is estimated to exceed a CAGR of 5% through the estimated period. This rise is attributed to the escalating integration of 5G technology in developing countries comprising South Korea, Argentina, India, and China, among others.

The increasing demand for continuous internet connectivity and escalating data traffic owing to the remote working trend is forcing telecom operators in the upgradation of their network infrastructure, augmenting industry size in the near future.

In a nutshell, the soaring adoption of hybrid and electric vehicles at the global level will spur current sensor market size over the anticipated period.

Source: Global Market Insights Inc.

Rising regulatory approvals to drive bioglass fiber market expansion in Europe

Over the recent years, an extensive array of bioglass benefits including good osteostimulativity, osteoconductivity, mechanical strength, and degradability have been instrumental in unlocking critical growth opportunities for bioglass fiber market players across the orthopedics application. Upon implantation into the body, these products effectively reinforce the bonding between hard and soft tissues, promote the formation of dense HA (hydroxyapatite) layer on the surface, and rapidly combine with bone tissue for inducing and accelerating the process of bone growth.

These properties of bioactive glass have propelled an increase in studies pertaining to BG application in numerous orthopedic areas comprising BG bone cement, BG nanoparticles, BG coating, BG nanofibers, drug and biological factor-load BG, BG scaffolds, injectable BG-based hydrogels/pastes, metal ion-loaded BG, and others. Similar initiatives are expected to augment bioglass fiber market size, which is anticipated to surpass USD 15.3 million by 2027, according to Global Market Insights Inc.

Here are a few key trends that are slated to stimulate the business landscape in the near future:

Rising demand for borate-based glass and glass ceramic products

While the market revenue from borate-based glass is estimated to exhibit a CAGR of 9% through the estimated period, the glass ceramic segment is expected to account for an appreciable valuation through 2027.

This growth can be attributed to the mounting adoption of glass ceramics in dental care products including corrosion inhibitors and filler materials. Optimum bone-grafting ability and good biocompatibility are additional factors expected to push product demand over the coming years.

Growing research activities pertaining to dental application

Numerous organizations are taking a keen interest in conducting research initiatives centered on the applicability of bioglass fiber in the field of dental care. One such study, published in May 2021, aimed at investigating the bioactivity and cytotoxicity of a novel nanocomposite containing nBGs (nanoparticles of bioactive glass) on human dental pulp stem cells (hDPSCs).

The research found that the use of nBG/BD not only enabled hDPSC proliferation and attachment but also escalated the expression of ALP in mineral-producing cells. The findings are slated to create opportunities for the deployment of nBG/BD in vital pulp therapies.

Europe bioglass fiber market: Increasing number of product approvals to drive business landscape in the region

The European region has recorded an upsurge in the approval of newly developed products by regulatory bodies across various countries. For instance, in May 2021, Prosidyan, Inc., secured two CE Marks for its FIBERGRAFT BG Morsels, FIBERGRAFT BG Putty GPS, and FIBERGRAFT BG Putty. Made from proprietary micro- and nano-sized bioactive glass fibers, the FIBERGRAFT substitute provides numerous advantages such as optimized rates of resorption, high surface area, and direct connectivity.

Steps taken by leading industry players: A brief overview

Major companies in the bioglass fiber industry comprise Mo-Sci Corporation (The Heraeus Group), Vetra Biomaterials, Corbion Biotech, Inc., Prosidyan, Inc., ETS Wound Care LLC., and others. These participants are depicting a greater inclination towards the implementation of strategic initiatives including collaborative agreements, mergers, and acquisitions for consolidating their position in the market.

For instance, in September 2021, The Heraeus Group acquired ETS Technology Holdings LLC and Mo-Sci Corporation. The move strengthened the group’s healthcare and medical technology portfolio, which comprises market leadership in the supply of medical devices and components.

In a nutshell, the increasing product adoption across healthcare systems in developed countries, owing to multiple benefits such as voluntary funding, government schemes, and attractive medical insurances, is expected to bolster bioglass fiber market share through the forthcoming years.

nitrile butadiene rubber

Nitrile butadiene rubber (NBR) latex market: Growing demand across food services to push industry landscape through 2027

The ongoing pandemic pertaining to COVID-19 and its variants has escalated the global demand for gloves across a range of industries, creating numerous opportunities for nitrile butadiene rubber (NBR) latex market expansion. Typically used for medical purposes, nitrile gloves provide the advantage of a two-way contact barrier during patient evaluation and the disposal of medical waste.

In addition, NBR gloves provide reliable hand protection to healthcare workers in various areas such as surgery, examinations, pharmaceuticals, and dentistry. Numerous regulatory bodies, including the FDA, have, therefore, recommended the use of nitrile gloves for ensuring the adequate protection of workers in healthcare facilities and hospitals.

As per the latest research conducted by Global Market Insights Inc., nitrile butadiene rubber (NBR) latex market size is expected to surpass USD 4 billion by 2027. Here are a few major trends that are slated to drive industry growth through the coming years:

Favorable government policies in the Asia Pacific region

The Asia Pacific NBR latex market share is expected to record appreciable gains through 2027 propelled by the rising adoption of favorable regulatory policies in the region. For instance, in October 2020, the Indian government eased the exports policy for NBR/nitrile gloves from ‘prohibited’ to ‘restricted’. While the country had earlier banned their exports, the amended policy is expected to open avenues for business expansion in the region.

Growing NBR usage in the food industry

The food industry is witnessing a soaring demand for NBR gloves as they provide extra protection during food preparation and are safe for the purpose of food handling. Furthermore, the gloves have recorded an escalated usage in a customer-facing role owing to the benefit of ease of changing.

According to sources, the usage of a color-coded system of nitrile gloves can help in preventing the cross-contamination of a food-based business. Impelled by these factors, the food end-user industry is expected to exhibit a CAGR of 9% between 2022 and 2028.

Rising use of NBR in industrial plants

NBR latex is increasingly being adopted across various industries that earlier made use of natural rubber latex. The utilization of nitrile gloves can provide protection from hazardous substances such as pesticides, chemicals, commercial cleaning products, and others, further elevating the suitability of the product for commercial and industrial settings.

Examining the competitive landscape

Major players in the nitrile butadiene rubber industry comprise Zeon Chemicals, Jubilant Bhartia Group, Emerald Performance Materials LLC, Versalis S.p.A., Apcotex Industries Limited, LG Chem, Nantex, Kumho Petrochemical, and others. A number of NBR latex manufacturers are focused on the implementation of capacity expansion and product development strategies for the consolidation of their position in the market.

Some of the instances have been mentioned below:

-In June 2021, Kumho Petrochemical Co., spent USD 226 million for ramping up NB latex output by 240,000 tons for bolstering capacity to near 1 million by 2023. The company intends to add a new line that can produce around 240,000 tons of NB latex each year at its Ulsan manufacturing complex based in southeast Korea.

-In July 2021, LG Chem announced plans for the expansion of its production line for nitrile butadiene latex (NBL) across Asia, covering Malaysia, China, and South Korea.

All in all, rising population, increasing advancement in medical treatments, and escalating product deployment by food companies are expected to drive nitrile butadiene rubber (NBR) latex market expansion through the forthcoming years.

green building

Flat glass demand grows with rising green building construction

The process of glassmaking has made significant strides since the time glass was first discovered thousands of years ago. Today, the field of glassmaking has depicted considerable improvements, as is evident in the escalating demand for glass products in almost every sector. Automotive and construction – sectors that are considered as the building blocks of an economy are among the top contributors toward the global flat glass market share.

However, while several sectors are exploiting the benefits of flat glass and its various forms to manufacture different products, the environmental concerns with respect to glass waste are growing. Populations across the world are becoming aware of the hazards of improper glass disposal. According to the Chemical & Engineering News (C&EN), the U.S. disposes off an astounding 10 million metric tons of glass every year. However, only one-third of this waste gets recycled.

Another surprising study by Eco Watch states that glass bottles are causing more pollution than plastic ones since it is mined from rare materials and consumes more fossil fuels to manufacture and ship to other places. An article by Forge Recycling states that the glassmaking process releases various harmful gases, such as sulfur oxides and nitrogen oxide.

Therefore, the concept of glass recycling is picking up the pace in many regions. The article further suggests that recycling the glass waste can reduce CO2 emissions by nearly 314 tons and save up to 345,000 kWh of energy.

Green building construction gains momentum:

The concept of eco-friendly construction is gaining traction among customers and companies alike to reduce their carbon footprint. Various advanced technologies are being introduced in the process of glassmaking which has made flat glass among the most preferred products in the construction of green buildings. According to glass and windows solutions company AIS, conventional buildings can consume nearly 40% of energy and the construction itself can cause the generation of solid waste, which can disturb the natural ecosystem.

Several countries are overcoming this challenge by achieving their goals in the construction of green buildings. For example, in 2020, India achieved 75% of the ‘Green Building Footprint’ target, as per a report by the Indian Green Building Council. This creates opportunities to use various advanced versions of flat glass products.

Solar control glasses are being manufactured by leading companies as they reflect heat or UV rays, which can make the buildings more energy efficient. Moreover, 100% of glass can be recycled, which automatically makes it an ideal product in green buildings. Glass can also reduce the overall weight of the building and offer advanced thermal insulation, thereby increasing its demand among architects and construction firms.

Use of glass in interior designing:

The field of interior designing is ever-evolving as new designs and trends make way for more sophisticated yet stylish home settings. Many reputed interior designers have taken cognizance of the importance of combining environmental sustainability with advanced designs. They are incorporating broken glass shards into their designs that will not only help them achieve their glass recycling and sustainability goals but also enrich a dull space with beautiful colors and shapes.

Ceramic glass is becoming popular among interior designing experts as they are being heavily used to construct fireplaces. Fireplaces often pose the threat of accidental fires, on account of which contractors use this glass as a shield as it can withstand extreme heat.

Demand for laminated glass rises:

Laminated glass may hold a significant share of the global flat glass market by 2027. Laminated glass is being extensively used by several end-user sectors as it can act as an effective alternative to conventional glass due to its high strength and uniformity in construction. It is typically used in buildings that require robust security, such as police stations & vehicles and government establishments.

Laminated glass can also be used in buildings that are at a high risk of being affected by hurricanes or other natural calamities. Its other advantages include reduced emissions, high security, decreased noise pollution, and wide range of designs, which make it highly useful for end-users.

The global flat glass market trends will be positively impacted in the coming years as the demand for advanced technologies in glassmaking is growing. Moreover, several end-users in the construction and interior design sectors are shifting towards combining environmental sustainability in their designs and blueprints to fulfill the need for eco-friendly homes and workspaces among consumers.

The automotive sector across the world is expanding at a strong pace, considering the immense demand for vehicles among the younger generation. This has greatly influenced the demand for auto glass to produce unbreakable yet stylish windows.

Reputed organizations, such as Schott AG, Saint Gobain, Astro Cam, Dillmeier Glass Company, CSG Architectural, Corning Inc., Euroglas GmbH, Oldcastle Building Envelope, Paragon Tempered Glass, and GrayGlass Company, among several others, are producing cutting-edge versions of flat glass for a wide range of sectors.

They are also entering into partnerships and merger & acquisition agreements to strengthen their production capabilities and enhance their customer base. For instance, Germany’s specialty glass manufacturing company Schott AG and the Serum Institute of India (SII) came together in a joint venture in August 2021 to enhance SII’s global supply of pharmaceutical products with the help of Schott’s high-quality pharmaceutical packaging.

telecom

Top 5 trends transforming telecom network infrastructure market outlook

The telecom network infrastructure industry landscape is evolving rapidly as 5G deployment efforts garner momentum. Across various countries, the respective governments are focusing on advancing progress towards the commercialization of 5G services. Earlier this year in June, for instance, the Joe Biden Administration announced a US$65 billion investment for deploying highspeed universal 5G broadband infrastructure across the U.S.

The rise in IoT and connected devices is expected to provide significant growth momentum to the telecom network infrastructure industry. With a notable uptick in wireless connections, the demand for greater broadband coverage and improved cellular connectivity is increasing. To meet this demand telecom operators are upgrading their network infrastructures. Ongoing smart city developments will create additional opportunities for operators in the next few years.

The global telecom network infrastructure market size is projected to reach US$120 billion by 2027, says Global Market Insights, Inc. Highlighted below are some major factors driving the industry forward.

1. Rapid 5G deployment in Europe

As the demand for seamless broadband connectivity rises, European countries are witnessing strong collaborations among telecom operators. For example, in October last year, 5G technology company Airspan Networks had partnered with network infrastructure company Siticom GmbH to deliver 5G wireless services to automotive, healthcare, manufacturing, and other sectors in Germany. With similar efforts in other nations, Europe telecom network infrastructure industry size is estimated to be worth US$25 billion by 2027.

2. Active efforts by telecom operators

The number of internet users and wireless connections have surged exponentially over the past several years. Telecom operators are gearing up to meet the increasing demands of cellular users by continuously upgrading their network infrastructures. As a result, telecom operators hold a fair share in the telecom network infrastructure market. The deployment of 5G, which promises greater speeds, ultralow latency, and seamless connectivity, will open up new opportunities for operators worldwide.

3. Growing deployment of femtocell base stations

The need for improved indoor network coverage in urban areas is rising steadily due to the wider adoption of smart home devices. Advancements in IoT and connected devices is further making seamless coverage essential in indoor locations. Based on these factors, the demand for femtocell base stations is likely to grow at 5% CAGR in the telecom network infrastructure industry. Femtocells are deployed in areas where a backhaul can be developed without any difficulty or where a network backhaul is already present.

4. Emerging need for integration & deployment services

Integration and deployment services are in demand globally as they help maintain performance, resiliency, and availability. Moreover, these services ensure an always-on, secure, scalable, and multi-technology network across businesses. They also help enterprises gain greater RIO via network planning, optimization, and multi-vendor network integration. In 2020, integration and deployment services captured 50% of the telecom network infrastructure market share.

5. Increasing market competition

Huawei Technologies Co., Ltd., Cisco Systems, Inc., CommScope, Inc., Ciena Corporation, Inc., Ericsson, and Nokia Networks are some of the top telecom network infrastructure companies in the world. To meet the changing connectivity requirements, these companies are upgrading their RAN network offerings via partnerships and other strategies. Highlighting an instance, in March 2020, Airspan and Altiostar signed a partnership to commercialize 4G and 4G open virtualized RAN network solutions. While established companies look to boost their market presence, the emergence of new entrants in the telecom network infrastructure industry will further heat up the competition.

Source: Global Market Insights Inc.

infrastructure

4 Major Trends Propelling the Growth of Automated Infrastructure Management Solutions Market by 2027

There has been a significant rise in the number of data centers globally over the past few years, driven by the increasing storage and computation requirements to serve applications based on machine learning and AI. This has strongly influenced the adoption of automated infrastructure management solutions and systems across data centers worldwide. The demand for these systems is being further stimulated by the rising penetration of connected consumer electronic devices which is opening new growth opportunities for the automated infrastructure management solutions market.

The market growth is also being accelerated by the growing proclivity towards renewable power generation. AIM solutions help in enhancing the grid efficiency, reliability, safety, and resilience for energy and utilities. They also aid in increasing decarbonization through cleaner electrification and real-time climate data management.

As per the recent report by Global Market Insights, Inc., the automated infrastructure management solutions market is projected to surpass USD 4 billion by 2027, considering the following trends:

New product launches by major companies

Various major companies active in AIM solutions industry are focusing on the development of innovative infrastructure management tools to effectively meet consumer demands and consolidate their position in the market. Quoting an instance, in 2021, RiT Tech, a leading provider of converged IT infrastructure management and connectivity solutions, launched automated infrastructure management tools, designed to bring real-time visibility, control, and monitoring of the entire network physical-layer components.

Burgeoning demand for device discovery solutions

Device discovery solutions find extensive application in various industries owing to their ability to manage the connected environments in real-time. These solutions help in the automatic correlation of performance in all infrastructure tiers for isolating the root cause of problems by detecting the exact device of concern. In addition, they also deliver information regarding the connected devices and their activities in IT infrastructure. Besides, they also help in storing and collecting information about cabling connectivity as well as its connection with other sources through Application Program Interfaces which is fueling the adoption of device discovery solutions further.

Heightened adoption in IT and telecom sector

Growing investments in 5G infrastructure with the shifting consumer preferences for next-generation technologies and smartphones is one of the major reasons driving the adoption of AIM solutions in IT and telecom sector. These solutions provide real-time insight into illegal IT activities along with the automatic recording of all modifications. This in turn helps in improving the asset utilization, reducing the troubleshooting time, offering faster service turn-up, and better network security. In addition, it offers a GIS service that facilitates visualization of locations, engineering architecture, and connections in the physical infrastructure levels as well as the service trail layers and the logical networks.

Expansion of data centers in North America

The continuous growth in the data center infrastructure in North America is largely contributing to the expansion of the regional AIM solutions industry. This can be ascribed to the factors such as increased usage of cloud computing, rise in IoT, and expansion of mobile broadband in the region. In addition, the shifting of numerous data centers and various companies from hardware to software-based services in the U.S. is driving the data center installations. Besides, the increasing penetration of automated connected devices is further impelling the adoption of data center management solutions, complementing the business expansion.

Briefly, the automated infrastructure management solutions industry is growing with the adoption of advanced technologies like AI, IoT, and machine learning, coupled with the expansion of data center infrastructure globally.

Source: Global Market Insights Inc.