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Cell Analysis Market Analysis And Trends By Segmentations, Top Key Players, Geographical Expansion, Future Development & Forecast

“The cell analysis market is fragmented in nature with prominent players operating in this market such as Danaher (US), Thermo Fisher Scientific (US), Becton, Dickinson and Company (US), General Electric (US), Merck KGaA (US)”
Browse 233 market data Tables and 39 Figures spread through 250 Pages and in-depth TOC on “Cell Analysis Market by Product & Service (Consumables, Instruments), Technique (Flow Cytometry, PCR, Microscopy), Process (Counting, Viability, Proliferation, Interaction, Single-cell Analysis), End User (Pharma, Biotech) – Global Forecast to 2028

Cell Analysis Market in terms of revenue was estimated to be worth $20.2 billion in 2023 and is poised to reach $33.9 billion by 2028, growing at a CAGR of 10.9% from 2023 to 2028 according to a new report by MarketsandMarkets™. Rising preference for cell-based assays in drug discovery serves as one of the key driving factors of the cell analysis market. Pharmaceutical & biotechnology companies and CROs are replacing biochemical assays with cell-based assays for their lead identification and optimization processes in drug discovery. This is attributive to the several advantages over in vitro biochemical assays.

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The software segment is estimated to grow at the fastest pace through the forecast period

Based on product & service, the global cell analysis market is segmented into reagents & consumables, instruments, accessories, software, and services. The software segment is a lucrative space owing to the advancements across single-cell analysis and flow cytometry techniques. This has elevated the influx of emerging companies entering cell analysis industry. Emerging companies building innovative software solutions has contributed to the robust growth rate registered by this segment.

The flow cytometry technique segment accounted for the largest share in the cell analysis market in 2022

Based on technique, the global cell analysis market is segmented into flow cytometry, PCR, cell microarrays, microscopy, spectrophotometry, high-content screening, and other techniques. The flow cytometry segment accounted for the largest market share of in 2022. Significant demand for flow cytometry technique across single-cell analysis and other different analysis processes is set to propel the market growth. Through flow cytometry multiple characteristics of single-cell particles can be measured and analyzed making it a preferable cell analysis technique for fluid samples.

The hospitals & clinical testing laboratories segment is estimated to grow with highest CAGR during the forecast period of cell analysis market

On the basis of end users, the cell analysis market is segmented into pharmaceutical & biotechnology companies, hospitals & clinical testing laboratories, academic & research institutes, and other end users. The demand for cell analysis products is set to elevate across in-house diagnostic and research centers, in-house pathology centers, and reference laboratories; collectively contributing to the fastest growth rate of hospitals & clinical testing laboratories during the forecast period. The development of highly specialized and complex cell-based assays is expected to supplement this growth.

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Asia Pacific has registered fastest growth rate during the forecast period in cell analysis market

The global cell analysis market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The Asia Pacific market is estimated to grow at the highest CAGR during the forecast period. Rapid increase in the pharmaceutical & biopharmaceutical industries coupled with affordable with cell analysis services are the key contributing factors to the regional growth.

Key Market Players:

The cell analysis market is fragmented in nature with prominent players operating in this market such as Danaher (US), Thermo Fisher Scientific (US), Becton, Dickinson and Company (US), General Electric (US), Merck KGaA (US), Agilent Technologies (US), Olympus Corporation (Japan), Miltenyi Biotec (US), Bio-Rad Laboratories (US), BioStatus Limited (UK), Fluidigm Corporation (US), NanoCellect Biomedical (US), Cell Biolabs (US), Creative Bioarray (US), Meiji Techno (US), Promega Corporation (US), PerkinElmer (US), Tecan Trading AG (Switzerland), CELLINK (US), QIAGEN (Germany), Corning Incorporated (US), 10x Genomics (US), and Illumina (US).

Recent Developments:

  • In 2023, Becton, Dickinson and Company (US) launched a Spectral Cell Sorter that is coupled with high-speed cell imaging. this product combines real-time imaging technology with spectral flow cytometry.

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Optical Imaging Market Trends, Drivers & Opportunities by 2027

“The optical imaging industry is expected to experience significant growth in the near future. Rising demand for medical imaging and the increasing demand for consumer electronics are expected to drive the market.”
Browse 216 market data Tables and 47 Figures spread through 258 Pages and in-depth TOC on “Optical Imaging Market by Product (Cameras, Lenses), Technique (OCT, HIS, NIR, PAT), Therapeutic Area (Ophthalmology, Dermatology, Oncology), Application (Pathological, Intraoperative), End User (Hospital, Research Labs) – Global Forecast to 2027

Optical Imaging Market in terms of revenue was estimated to be worth $1.5 billion in 2022 and is poised to reach $2.9 billion by 2027, growing at a CAGR of 13.5% from 2022 to 2027 according to a new report by MarketsandMarkets™. The market is expanding as a result of factors such as an aging population, an increase in R&D in the life sciences, growing patient expectations for quick and simple diagnosis and treatment, rising information availability and knowledge, and expanding access to health care in Rapidly Developing Economies (RDE) are some other key factors influencing the market’s growth.

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Based on product, the imaging systems segment is expected to account for the largest share of the optical imaging market

Need for good quality equipment and technologies are increasing in recent times, leading to continuous development by market players. Growing competitiveness among players in the market calls for new improved systems and devices to be introduced in this market. Need for non-invasive, non-contact optical imaging modality with no harmful radiation is an additional factor influencing the market growth. Second to the imaging systems segment, is camera market. Small size, better sensitivity, and high-resolution imaging capability are expected to drive the greater adoption of cameras for different medical diagnostics applications.

On the basis of application, pathological segment is expected to account for the largest share of the optical imaging market

One of the main drivers of market expansion in the pathological category is the high demand for optical imaging systems in the diagnosis of eye disorders, tumor detection, cardiovascular diseases, skin lesions, and other such illnesses. The popularity of optical imaging systems for pathological application is being fueled by non-invasiveness, precise image capture capabilities, and greater adoption in clinical practice, which is affecting market growth. Due to its low operational costs and relative ease of use, pathological imaging is widely used by clinicians worldwide. Specificity and efficacy of diagnosis is enhanced in this segment due to the use of optical imaging instruments. 

Based of end user, hospitals segment holds the highest market share in the optical imaging market

Due to rising government and private healthcare funding, rising hospital adoption of optical imaging, greater accessibility to qualified healthcare workers and technologically cutting-edge facilities, and rising adoption of optical imaging overall, hospitals dominated the optical imaging market during the forecast period. Optical imaging techniques are applied in clinics and operating rooms to locate and resect malignant tumors. For example, fluorescence imaging is gaining importance in initial clinical testing in breast imaging and endoscopy areas. Moreover, some optical imaging techniques are used to detect ovarian cancer, malignant skin lesions, lymphoma, intestinal adenoma, intraoperative scanning, stem cell trafficking, and monitoring of patient response to various treatments

Based on Region, North America to dominate the optical imaging market during the forecast period

North America will continue to rule the optical imaging market over the forecast period. The greatest market share in the world is attributable to this region, which has seen a surge in glaucoma cases, government support, and the importance of research and development by well-known companies based there. In addition, stringent FDA regulations regarding the product, medical procedures, and research ensure the quality and safety of optical imaging instruments and technologies in the region. This is encouraging healthcare centers in North America to utilize optical imaging for various interventions and quickly adapt to newer technologies, which is driving the growth of the optical imaging market in North America

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Optical Imaging Market Dynamics:

Drivers:

  1. Growing geriatric population and subsequent increase in prevalence of eye disorders
  2. Technological innovations
  3. Growing application areas of optical imaging techniques
  4. Growing need to minimize use of radiation technologies

Restraints:

  1. Reimbursement challenges
  2. Lack of skilled operators

Opportunities:

  1. Expansion and market penetration opportunities in emerging economies
  2. Growing applications in pharmaceutical & biotechnology research

Challenges:

  1. Sustainability of small and medium-sized players
  2. High cost of optical imaging procedures and extensive data requirements

Key Market Players:

Prominent players in the optical imaging market include Carl Zeiss Meditec (Germany), Abbott (US), Topcon Corporation (Japan), Canon (Japan), PerkinElmer (US), Koninklijke Philips (Netherlands), Heidelberg Engineering (US), Leica Microsystems (Germany), Headwall Photonics (US), Visionix (US), Optical Imaging (Israel), Optos (Scotland), Wasatch Photonics (US), ArcScan (US), DermaLumics (Spain), Cylite (Australia), MOPTIM (Guangdong), Michelson Diagnostics (England), Thorlabs (US), Hamamatsu Photonics (Japan), iTheraMedical (Germany), Kibero (Germany), Seno Medical (US), Aspectus Imaging (Germany), and Agfa-Gevaert (Belgium).

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IoT in Smart Cities Market Analysis And Trends By Segmentations, Top Key Players, Geographical Expansion, Future Development & Forecast – 2026

“IBM (US), Cisco (US), Intel (US), Huawei (China), Microsoft (US), Tech Mahindra (India), Siemens (Germany), Honeywell (US), Bosch (Germany), PTC (US), Schneider Electric (France), ARM (England), Quantela (US), Hitachi (Japan), Sierra Wireless (Canada), Youon (China), SAP (Germany), Deutsche Telekom (Germany), Confidex (Finland), Verizon (US).”
IoT in Smart Cities Market by Offering, Solution (Remote Monitoring, Network Management, and Reporting and Analytics), Service, Application (Smart Transportation, Smart Building, and Smart Utilities) and Region – Global Forecast to 2026

The global IoT in smart cities market size to grow from USD 130.6 billion in 2021 to USD 312.2 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 19.0 % during the forecast period. Various factors such as exponential rise in urban population actuating smart management, increasing number of government initiatives and PPP models for smart cities, and adoption of connected and smart technologies in smart cities initiative are expected to drive the adoption of IoT in smart cities solutions and services.

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The IoT in smart cities market includes IoT-based software, solutions, and services that are provided in transportation, building, utilities, and citizen services to enhance communication and control between citizens and governments. IoT provides new opportunities for cities by speeding up the communication process for better coordination, seamless operations, and informed decisions via better utilization of the existing and new infrastructure.

The solution segment to hold a larger market size during the forecast period

IoT solutions for smart cities are at the forefront of technologically enabled changes forming a smart city paradigm. IoT in smart cities makes infrastructure safer, reduces the rate of criminal activities, and leads to an equitable society, with citizens desiring to receive better services and officials striving to make utilities economically viable.

IoT in smart cities solutions could be described with the help of seven key parameters, such as location analytics, network security, application security, real-time IoT in smart cities, network bandwidth management, remote monitoring system, and data management.

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Reporting and analytics solution segment to account for higher CAGR during the forecast period

Reporting and analytics tools enable organizations to exploit all dimensions of data, harness the power of geospatial dimensions, and better understand interactions and results in a better representation through dashboards and reports. Reporting and analytics solution is crucial to enable the authorities to make data-based decisions. It leads to a better understanding of key business metrics, turning location data and spatial analytics into valuable information for organizations. Most analytics solutions in the industry help in processing technology for enabling applications to integrate with the streaming data and quickly produce extracted data from multiple sources in real-time. These analytics solutions are capable of fraud detection, Customer Relationship Management (CRM), privacy protection services, and reliable analysis of data-generated IoT devices.

Unique Features in the IoT in Smart Cities Market

Processing massive amounts of data produced by Internet of Things (IoT) devices and deriving useful insights through the use of advanced analytics to improve resource allocation, decision-making, and city management.

In order to facilitate smooth cooperation between the many components of the smart city ecosystem, linked systems are created where Internet of Things devices can exchange data and communicate with each other.

City officials can react quickly to events, emergencies, and changing conditions thanks to IoT-enabled real-time monitoring and control capabilities, which improve situational awareness overall.

Predictive maintenance is being applied to metropolitan infrastructure, utilising Internet of Things sensors to track equipment health and take proactive measures to fix problems before they cause breakdowns or interruptions.

Creation of platforms for citizen involvement that make use of IoT data to give locals access to interactive services, real-time information, and chances to get involved in city planning and governance.

Major Highlights of the IoT in Smart Cities Market

Investing more in smart infrastructure can improve overall urban functionality. Examples of smart infrastructure include utility grids, parking solutions, trash management systems, and Internet of Things-enabled streetlights.

Extensive use of data analytics to extract valuable insights from the massive amounts of data produced by Internet of Things devices, supporting resource optimisation, urban planning, and decision-making.

The development of IoT solutions with a citizen emphasis, which encourage community involvement by enabling residents to provide input, participate in local governance, and access real-time information.

The implementation of 5G networks and the integration of IoT in smart cities complement each other by offering the fast, low-latency connectivity needed for smooth communication between systems and devices.

Constant advancements in Internet of Things (IoT)-driven urban mobility solutions, such as autonomous driving, linked cars, and intelligent traffic control, to improve productivity and lessen gridlock.

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Top Key Companies in the IoT in Smart Cities Market

Some of the key players operating in the IoT Smart cities market include. IBM (US), Cisco (US), Intel (US), Huawei (China), Microsoft (US), Tech Mahindra (India), Siemens (Germany), Honeywell (US), Bosch (Germany), PTC (US), Schneider Electric (France), ARM (England), Quantela (US), Hitachi (Japan), Sierra Wireless (Canada), Youon (China), SAP (Germany), Deutsche Telekom (Germany), Confidex (Finland), Verizon (US), AGT International (Switzerland), Takadu (Israel), Optibus (Israel), Enevo (US), Signify (Netherlands), FlamencoTech (India), AppyWay (UK). These IoT in smart cities platforms vendors have adopted various organic and inorganic strategies to sustain their positions and increase their market shares in the global IoT in smart cities market.

Cisco was founded in year 1984 and is headquartered in San Jose, California, US. Cisco is one of the market leaders in offering products, solutions, and services to smart cities across the globe. The company offers various products in the IoT in smart cities market. Its products are subdivided into various sections, including smart energy that comprises Cisco Energy Optimization Services, Cisco Connected Grids, Cisco Smart Grid Security Solutions, and the Connected Grid Design Suite (CGDS). Cisco recently launched a security product called Cyber Vision to help protect clients’ industrial IoT developments, and the company’s IoT Control Center platform also supported cellular data and network connectivity. Butaney asserted that connectivity and security were increasingly critical across all of Cisco’s projects, as they drive the usability and consumer interest necessary for success.

IBM was founded in the year 1911 and is headquartered in Armonk, US. IBM is one of the leading providers of a broad range of hardware, software, and related services. It provides various smart energy and smart water solutions, including IBM Intelligent Utility Network, IBM Intelligent Water, IBM Enterprise Asset Management (Energy and Water Utilities), IBM Water Management Center, Customer Operations Transformation, Smart Metering, and Energy Optimization and IBM Intelligent Transportation to collect data and create actionable intelligence. The company offers smart city platforms, such as IBM Smarter City Solutions, that draw insights through more than 2,000 smarter city engagements globally. The solution enables the enhancement of the quality of services provided to citizens and businesses while also improving the efficacy of city operations. IBM recently launched Maximo Mobile, an easy-to-deploy mobile platform with IBM’s leading Maximo asset management solution at the core. Maximo Mobile was designed to transform the work of field technicians who maintain physical assets such as roads, bridges, production lines, power plants, and refineries. A new, intuitive interface would provide technicians with the right asset operational data at the right time.

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Single Cell Analysis Market- Global Analysis, Share, Key Segments, Regional Trends, Top Players Insights, and Forecast

“Some of the prominent players in the single-cell analysis market are Becton, Dickinson and Company (US), Danaher Corporation (US), Merck KGaA (Germany), QIAGEN N.V. (Netherlands), Thermo Fisher Scientific, Inc. (US), 10x Genomics (US), Promega Corporation (US), Illumina, Inc. (US), Bio-Rad Laboratories (US), Standard BioTools (US),”
Browse 303 market data Tables and 53 Figures spread through 344 Pages and in-depth TOC on “Single-cell Analysis Market by Cell Type (Human, Animal, Microbial), Product (Consumables, Instrument), Technique (Flow Cytometry, NGS, Microscopy, MS), Application (Research, Medical), End User (Pharma, Biotech, Hospitals) – Global Forecast to 2028

Single-cell Analysis Market in terms of revenue was estimated to be worth $3.5 billion in 2023 and is poised to reach $7.1 billion by 2028, growing at a CAGR of 15.3% from 2023 to 2028 according to a new report by MarketsandMarkets™. Factors such as technological developments in single-cell analysis products along with increased R&D in the pharmaceutical and biotechnology sectors, growing emphasis on personalized treatment, growth in stem cell research, and the rising incidence of cancer are driving growth of single-cell analysis market. However, one of the main reasons impeding the expansion of this market is the high price of single-cell analysis equipment.

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The consumables segment accounted for the largest share of the product segment in the single-cell analysis market in 2022.

Based on product, the single-cell analysis market is broadly segmented into consumables, and instruments. In 2022, consumables accounted for the largest share of the single-cell analysis market for product. Due to the frequent purchasing of consumables as opposed to instruments, which are considered as a one-time investment, this segment has a larger market share in the market. Consumables’ numerous applications in genetic research, exosome analysis, and RNA and DNA isolation are also anticipated to fuel market expansion. Each of these applications may require specific consumables tailored to the analysis method and target molecules.

The research applications segment accounted for the largest share of the application segment in the single-cell analysis market in 2022.

Based on applications, the single-cell analysis market is categorized into two segments—medical applications and research applications. In 2022, research applications segment accounted for the largest share of single-cell analysis market. Increasing government initiatives in stem cell research and the wide usage of single-cell analysis in cancer research are the major factors driving the growth of the research applications segment.

Asia Pacific is likely to grow at double-digit growth rate during the forecast period.

The Asia Pacific region is estimated to grow at the highest CAGR in the single-cell analysis market during the forecast period. This can be attributed to the fast-growing pharmaceutical industry in this region, rising geriatric population, rising prevalence of cancer, and increasing government initiatives. Moreover, increasing chronic diseases in the countries of this region is likely to boost the market. Also, growing infectious diseases in the region is attracting several foreign investors in the market.  Governments in the APAC region are supporting research in various ways, such as funding research institutes and offering tax incentives to biotech and life sciences companies. This has led to an increased demand for single-cell analysis technologies to support this research.

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Single-cell Analysis Market Dynamics:

Drivers:

  1. Technological advancements in single-cell analysis products
  2. Rising prevalence of cancer
  3. Increasing R&D in pharmaceutical & biotechnology industries for complex diseases
  4. Growth in stem cell research
  5. Growing focus on personalized medicine

Restraints:

  1. High cost of single-cell analysis products

Opportunities:

  1. High growth potential of single-cell sequencing
  2. Integration of microfluidics in single-cell analysis
  3. Emerging Asian markets

Challenges:

  1. Standardization of protocols and data integration & quality control for developing cell therapies

Key Market Players:

Some of the prominent players in the single-cell analysis market are Becton, Dickinson and Company (US), Danaher Corporation (US), Merck KGaA (Germany), QIAGEN N.V. (Netherlands), Thermo Fisher Scientific, Inc. (US), 10x Genomics (US), Promega Corporation (US), Illumina, Inc. (US), Bio-Rad Laboratories (US), Standard BioTools (US), Agilent Technologies, Inc. (US), Tecan Group Ltd. (Switzerland), Sartorius AG (Germany), DiaSorin S.p.A. (Italy), Takara Bio, Inc. (Japan), Fluxion Biosciences (US), Menarini Silicon Biosystems Inc. (Italy), bioMérieux SA (France), Oxford Nanopore Technologies (UK), Cytek Biosciences (US), Corning Incorporated (US), Apogee Flow Systems Ltd. (UK), NanoCellect Biomedical (US), RareCyte, Inc. (US), and On-chip Biotechnologies Co., Ltd. (Japan).

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Patient Positioning Systems Market worth $1.7 billion by 2027

“Browse 147 market data Tables and 39 Figures spread through 203 Pages and in-depth TOC on “Patient Positioning Systems Market by Product (Tables (Surgical Table, Imaging Table, Examination Table), Accessories, Application (Surgery, Diagnosis, Cancer Treatment), End User (Hospitals, ASCs, Diagnostic Labs)) – Global Forecast to 2027”
Asia Pacific comprises the Japan, India, China, Australia, South Korea, and the rest of Asia Pacific. The presence of emerging economies such as China and India and the increasing healthcare investments by governmental and non-governmental fundings are the major factors supporting the growth of the Asia Pacific patient positioning systems market.

Patient Positioning Systems Market is projected to reach USD 1.7 billion by 2027 from USD 1.4 billion in 2022, growing at a CAGR of 4.0% during the forecast period according to a new report by MarketsandMarkets™. The rising growth in emerging countries, increasing number of chronic diseases, growing demand for quality medical care, increasing healthcare spending, and rising government initiatives for healthcare infrastructure improvement are expected to drive the market growth in near future.

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Accessories segment to register significant growth rate over the forecast period of 2022-2027

Based on the product type, the patient positioning systems is segmented into tables, (which includes surgical tables, radiolucent imaging tables and examination tables), accessories, and other patient positioning systems. Accessories segment to register significant growth rate over the forecast period of 2022-2027. The majority of the companies in this segment offer single-use accessories due to a growing patient preference for safety and hygienic standards in medical devices. This is expected to drive the growth of the segment.

Surgery segment accounted for the largest share of the patient positioning systems in 2022-2027

Based on application, the patient positioning systems is segmented into surgeries, disease diagnosis and cancer therapy. The surgery segment is expected to account for the largest share of the patient positioning system, by application, in 2022. Many surgical procedures, such as head & neck, breast, bariatric, hip, and gynecological surgeries, require patient positioning systems to reduce discomfort and ensure procedural efficiency.  Thus, growing number of surgical procedures owing to the rising prevalence of chronic conditions to drive the segment growth.

Ambulatory surgical centers segment to register for the highest growth rate of the patient positioning systems in 2022-2027

Based on end user, the patient positioning market is segmented into hospitals and clinics, diagnostic laboratory, ambulatory surgical centers and other end users. Ambulatory surgical centers segment to register for the highest growth rate of the patient positioning systems in 2022-2027. Growing adoption of minimally invasive procedures and rising preference for outpatient procedures at a low cost to drive market for the segment.

Asia Pacific to register a significant growth in the market during the forecast period.

In 2022, Asia Pacific is expected to register a significant growth in the market during the forecast period. Asia Pacific comprises the Japan, India, China, Australia, South Korea, and the rest of Asia Pacific. The presence of emerging economies such as China and India and the increasing healthcare investments by governmental and non-governmental fundings are the major factors supporting the growth of the Asia Pacific patient positioning systems market.

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Patient Positioning Systems Market Dynamics:

Drivers:

  1. Rising technological advancements in medical devices
  2. Increasing surgical procedures due to growing burden of chronic diseases
  3. Rising government funds for hospital expansions
  4. Growing incidence of sports and accident-related injuries

Restraints:

  1. Product recalls
  2. Implementation of excise duty on taxable medical devices

Opportunities:

  1. Emerging markets

Challenges:

  1. Availability of refurbished patient positioning systems

Key Market Players:

prominent players in the patient positioning systems are Getinge AB (Sweden), Hill-Rom, Inc. (US), Stryker Corporation (US), Steris Plc. (US), Span-America Medical Systems, Inc. (US), Skytron, LLC. (US), Elekta AB (Sweden), C-RAD (Sweden), LEONI AG (Germany), and Mizuho OSI (US) among others.

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Bob Chitrathorn Renews Membership with the Financial Services Institute

FSI Advocates for Main Street Americans’ Access to Objective, Affordable Financial Advice

Corona, Ca – Local financial advisor Bob Chitrathorn, of Wealth Planning by Bob Chitrathorn of Simplified Wealth Management, today announced he has renewed membership with the Financial Services Institute (FSI) in Washington, D.C. FSI advocates for Main Street Americans’ access to objective, affordable financial advice, delivered by a growing network of over 37,000 independent financial advisor members.

“I am proud to renew my membership with FSI, an organization that works hard every day, to protect my clients’ access to quality financial advice,” said Bob Chitrathorn. “FSI helps educate elected officials and regulators on what Americans need from financial advisors and how the industry works with clients to secure their financial futures. They also help ensure that I can continue to offer my clients the advice they need.”

“We are very pleased to have Bob Chitrathorn renew their membership,” said FSI President & CEO Dale E. Brown. “Our advocacy is only as effective as our engaged members. And conscientious advisors like Bob Chitrathorn help bring real-life experience to our efforts. We plan to continue to work closely with Bob Chitrathorn as we advocate for independent financial advisors and the hard-working clients they serve.”

Bob Chitrathorn’s practice offers many services to help take planning to the next level. He has been an independent advisor for 19 years and is affiliated with LPL. Bob Chitrathorn is also active as a Forbes Finance Council Member

More information on Bob Chitrathorn’s practice can be found at www.planwithbob.com

About the Financial Services Institute (FSI): 

The Financial Services Institute (FSI) is an organization advocating solely on behalf of independent financial advisors and independent financial services firms. Since 2004, the Financial Services Institute (FSI) has had a clear mission to ensure that all individuals have access to competent and affordable financial advice, products and services delivered by a growing network of independent financial advisors and independent financial services firms. For more information, please visit financialservices.org.

Financial Advisor Membership is a paid membership open to any FINRA, SEC or state-licensed individual partner, director, officer, employee, or independent contractor of a retail broker-dealer or investment advisor (RIA). 

Bob Chitrathorn is a registered representative with, and Securities and Retirement Plan Consulting Program advisory services are offered through LPL Financial, a registered investment advisor, member FINRA/SIPC. Other advisory services offered through Mariner Independent Advisor Network. Mariner Independent Advisor Network, Wealth Planning by Bob Chitrathorn, and Simplified Wealth Management are separate entities from LPL Financial. 

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Ultra-thin Glass Market- Global Analysis, Share, Key Segments, Regional Trends, Top Players Insights, and Forecast

“Browse 115 market data Tables and 49 Figures spread through 160 Pages and in-depth TOC on “Ultra-thin Glass Market””
Ultra-thin Glass Market by Thickness, Manufacturing Process (Float, Fusion, Down-Draw), Application (Semiconductor Substrate, Touch Panel Display, Fingerprint Sensor), End-use Industry, and Region – Global Forecast

The global ultra-thin glass market size is expected to grow from USD 7.8 billion in 2020 to USD 14.3 billion by 2025, at a compound annual growth rate (CAGR) of 13.0% during the forecast period. Ultra-thin glass is used in a variety of end-use industries, including consumer electronics, automotive & transportation, medical & healthcare, and others including industrial, construction & architecture, aerospace & defense, railway, solar energy, sports & entertainment, etc. Increasing demand from these end-use industries is driving the market. However, the outbreak of COVID-19 pandemic and its impact on the consumer electronics industry has affected the ultra-thin glass market in 2020.

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Over the past few years, companies have strengthened their positions in the global ultra-thin glass market by adopting strategies such as new product launch/new product development, collaboration, joint venture, and partnership. From 2015 to 2020, new product launch/new product development and joint venture have been the key strategies adopted by market players. For instance, in March 2018, Asahi Glass developed an ultra-thin flexible cover glass for foldable devices. The product has bending stress over 1200 MPa. These foldable glasses can be widely used for next-generation displays.

Major market players profiled in this report include Corning (US), Asahi Glass (Japan), Nippon Electric Glass (Japan), SCHOTT AG (Germany), Nippon Sheet Glass (Japan), CSG Holding (China), Central Glass Co., Ltd. (Japan), Xinyi Glass Holdings Limited (Hong Kong), and Changzhou Almaden Co., Ltd. (China). These companies adopted various organic and inorganic growth strategies in the past few years. For instance, in January 2016, Corning formed a joint venture with Saint-Gobain Sekurit (France) to develop, manufacture, and sell lightweight automotive glazing solutions. The venture offers laminated windows for glazing solutions, which are made with Corning’s ultra-thin Gorilla glass for automotive and Sekurit’s automotive glass and window technologies.

In February 2019, Teijin acquired Renegade Materials Corporation, a supplier of highly heat-resistant thermoset prepreg for the aerospace industry in North America. This helped the company solidify its position as a leading provider of solutions for aerospace applications.

In January 2020, Hexcel collaborated with Madshus, a leading innovator in the world of cross-country skiing. The company provides Madshus with three different Hi Tape products based on specific design parameters of different cross-country ski types. Hexcel’s new HiTape dry carbon tapes improve the performance, manufacturing efficiency, and surface finish of Madshus’ skis.  This strategy has helped the company increase its revenue through ultra-thin glass products and sustain in the market.

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In 2019, the Asia-Pacific (APAC) region emerged as the dominant market for ultra-thin glass in terms of value, primarily driven by robust demand within the consumer electronics sector. The increasing need for ultra-thin glass across diverse industries such as consumer electronics, automotive, medical, and others is anticipated to witness significant growth, propelled by ongoing product innovation and technological advancements. The market’s expansion in the APAC region is further fueled by advancements in technology solutions, superior product properties, and heightened adoption across various end-use sectors. However, the global ultra-thin glass market faced a downturn in 2020, largely attributed to the disruptive impact of the COVID-19 pandemic. With over 5 billion people affected worldwide and more than 100 countries implementing complete or partial lockdowns, the pandemic caused significant supply chain disruptions and economic downturns in major economies like China, Germany, Japan, the UK, and France. The widespread production slowdown, especially in non-essential goods, resulted in a halt in automobile manufacturing across countries such as Italy, France, Germany, and the UK, adversely affecting the demand for composites within these industries.

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About MarketsandMarkets™

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Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

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Global Industrial Films Market Expected to Reach $55.8 Billion by 2028

“Browse 234 market data Tables and 42 Figures spread through 228 Pages and in-depth TOC on “Industrial Films Market””
Industrial Films Market by Film Type (LLDPE, LDPE, HDPE, PET/BOPET, PP/BOPP, CPP, PVC, Polyamide/BOPA), End-Use Industry (Agriculture, Industrial Packaging, Construction, Medical, Transportation), & Region – Global Forecast to 2028

The industrial films market is projected to grow from USD 41.3 billion in 2022 to USD 55.8 billion by 2028 at a CAGR of 4.4%. Industrial films, made from polymeric materials like LLDPE, LDPE, PET/BOPET, PP/BOPP, and more, serve multiple purposes. They function as protective barriers for items, enhancing transport efficiency, extending the shelf life of perishable goods, and preventing damage, wastage, and deterioration. These versatile films find application in diverse sectors including transportation, construction, agriculture, industrial packaging, and healthcare.

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Most manufacturers in this market are based in North America.  Saint-Gobin (France), Berry Global Inc. (US), Toray Industries, Inc. (Japan), Eastman Chemical Company (US), 3M Company (US), Mitsubishi Chemical Group Corporation (Japan), RKW SE, Dupoint Teijin Films (US), and Kolon Industries, Inc. (South Korea) are among the leading players operating in the industrial films market. These players have adopted various growth strategies to strengthen their position in the market. This includes expansions and acquisitions activities further to expand their presence in the industrial films market.

Saint-Gobin (France)

Saint-Gobain offers industrial films through its subsidiary, Saint-Gobain Composite Solutions, operating within a new corporate structure comprising five distinct reporting segments: High-Performance Solutions (HPS), Northern Europe, Southern Europe-Middle East & Africa, America, and Asia Pacific. These industrial film products are primarily available through the HPS segment. The company delivers a diverse portfolio, including window films, paint protection films, and specialized film solutions. Its clientele spans various sectors, encompassing automotive, electrical & electronics, energy, chemical processing, aerospace & security, and medical & pharmaceutical industries. Saint-Gobain markets its specialized films under two notable brands, namely CHEMFILM and NORFILM.

Berry Global Inc. (US),

Berry Global Inc. is a prominent player in the industrial films market. Specializing in plastic packaging manufacturing, the company offers innovative and sustainable solutions for a wide range of industries, including foodservice, healthcare, personal care, household, hygiene, industrial, transportation, and food and beverage sectors. Berry Global is known for its advanced manufacturing capabilities, producing high-performance films and laminates that provide effective protection and wrapping solutions for various applications. It has a strong global presence, with more than 300 facilities. With a global presence and a commitment to meeting the needs of rapidly growing markets, Berry Global is a key contributor to the industrial films sector, providing cutting-edge packaging and protection solutions.

Toray Industries, Inc. (Japan)

Toray Industries, Inc. is a comprehensive chemical industry conglomerate that engages in the manufacturing, processing, and distribution of materials used in various sectors, from automotive and aircraft components to apparel and information technology-related goods. The company operates through distinct business segments, including Fibers and Textiles, Functional Chemicals, Carbon Fiber Composite Materials, Environment & Engineering, Life Science, and Others. Within these segments, Toray is involved in the production and sale of a diverse range of products. This encompasses the manufacturing and distribution of materials like nylon, polyester, acrylic fiber, textile products, synthetic suede, nylon and ABS resins, polyester and polypropylene films, carbon fibers, advanced composite materials, as well as services related to construction, plant engineering, industrial machinery, and environmental equipment.

Eastman Chemical Company (US)

Eastman Chemical Company engages in the provision of specialty chemicals. It operates through the following segments, namely, Advanced Material (AM), Additives and Functional Products (AFP), Chemical Intermediates (CI), and Fibers. The AM segment produces and markets its polymers, films, and plastics with differentiated performance properties for value-added end uses in transportation, consumables, building and construction, durable goods, and health and wellness markets. The company offers PU and PET films for various industries such as automotive, architectural, electronic, solar energy, and medical. The company has 49 manufacturing sites worldwide and serves customers in over 100 countries with a geographical presence in North America, South America, Europe, Asia Pacific, and Middle East & Africa.

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3M Company (US)

3M Company is a technology company, which manufactures industrial, safety, and consumer products. It operates through the following segments, namely, Safety & Industrial, Transportation & Electronics, Health Care, and Consumer. The company offers industrial films through its Transportation and Electronics segment. The Transportation and Electronics segment includes electronics, automotive and aerospace, commercial solutions, advanced materials, and transportation safety. The company has a geographical presence in North Aamerica, South America, Europe, Asia Pacific, and Middle East & Africa.

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About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

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3D Imaging Market Size, Share with Focus on Emerging Technologies, Top Countries Data, Top Key Players Update, and Forecast 2028

“GE Healthcare (US), Autodesk (US), STMicroelectronics (Switzerland), Panasonic (Japan), Sony Corporation (Japan), Trimble (US), FARO Technologies (US), Philips (Netherlands), Google (US), Adobe (US), HP (US), Dassault Systemes (France), Bentley Systems (US), Lockheed Martin (US), Topcon (Japan), Able Software (US), Maxon (Germany), ESRI (US).”
3D Imaging Market by Component (Hardware (3D Cameras, 3D Sensors, 3D Scanners), Software (3D Modeling Software, 3D Scanning Software), Services), Technology (Stereoscopic Imaging, Laser-based Imaging), Vertical and Region – Global Forecast to 2028

The global 3D Imaging Market is projected to grow from USD 34.3 billion in 2023 to USD 88.4 billion by 2028, at a CAGR of 20.8% during the forecast period. 3D imaging generates depth-perceptive three-dimensional visuals on flat surfaces, mirroring real-world depth perception. This technology finds broad application in various industry verticals including aerospace and defense, manufacturing, retail and ecommerce, automotive, healthcare and life sciences, and others. Technology such as stereoscopy employs dual camera lenses slightly apart to capture 3D imagery on 2D planes, simulating depth perception. This diverse range of methods underscores how 3D imaging transforms visuals across industries, offering immersive experiences and revolutionizing how to perceive digital content.

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Automotive sector to hold the largest market size during the forecast period.

3D imaging in the automotive sector revolutionizes safety systems such as LiDAR for ADAS and self-driving cars, enabling detailed environment mapping and object recognition. Beyond safety, it optimizes maintenance and repairs by providing accurate diagnostics. Additionally, it enhances customer experiences through immersive interactions, allowing virtual exploration of vehicles. By elevating safety measures, improving maintenance efficiency, and offering engaging customer interactions, 3D imaging reshapes the automotive landscape toward safer, more efficient, and consumer-centric advancements.

Services Segment to hold the highest CAGR during the forecast period.

The surging demand for real-time 3D solutions across diverse industries drives the emergence of 3D services tailored for medical imaging, scanning, architectural design, and animation in movies. These services are integral, offering product upgrades, maintenance, training, and consulting, vital in leveraging 3D imaging effectively. It expedite the creation, assessment, and utilization of 3D models, saving time and effort compared to traditional imaging methods. Incorporating managed and professional services further enhances 3D imaging solutions, streamlining processes and maximizing the efficiency of diverse applications within this dynamic technological landscape.

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Unique Features in the 3D Imaging Market

Volumetric imaging provides a thorough depiction of the spatial properties of objects by collecting data not just on surfaces but also across the whole volume of a scene.

Particularly in applications such as virtual reality and 3D movies, stereoscopic vision in 3D imaging replicates how human eyes perceive depth, producing a more realistic and immersive viewing experience.

By representing surfaces as a collection of points, point cloud technology is frequently utilised in 3D imaging to enable accurate and thorough reconstructions of real-world objects and settings.

By taking pictures of a scene from several perspectives, multi-view imaging can improve the 3D representation’s quality and accuracy while offering a more complete picture of the subject.

Certain 3D imaging technologies allow for holographic displays, which project three-dimensional pictures that seem to float in space, producing visually stunning and engrossing experiences.

Major Highlights of the 3D Imaging Market

The market for 3D imaging is strongly associated with 3D printing technologies, as ongoing developments facilitate accurate and adaptable manufacturing procedures in a range of sectors.

The expanded capabilities and accuracy of 3D imaging systems are a result of ongoing technological breakthroughs, including improvements in sensors, cameras, and computer algorithms.

In robotic applications, 3D imaging is essential because it helps robots see and navigate their environment more precisely, which promotes automation and autonomous system developments.

The use of 3D imaging in cultural heritage preservation enables the production of digital duplicates of historical locations, artworks, and artefacts for record-keeping and restoration needs.

Applications like topographic mapping, forestry, and urban planning are made easier by integration with LiDAR (Light Detection and Ranging) technology.

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Top Key Companies in the 3D Imaging Market

Key players operating in the 3D Imaging market across the globe GE Healthcare (US), Autodesk (US), STMicroelectronics (Switzerland), Panasonic (Japan), Sony Corporation (Japan), Trimble (US), FARO Technologies (US), Philips (Netherlands), Google (US), Adobe (US), HP (US), Dassault Systemes (France), Bentley Systems (US), Lockheed Martin (US), Topcon (Japan), Able Software (US),  Maxon (Germany), ESRI (US), Archilogic (Switzerland), Pix4D (Switzerland), Brainkey (US), Precismo (US), Kaarta (US), LightCode Photonics (Estonia), Vzense Technology (US), Capoom (Istanbul), Atomontage (US), Hivemapper (US), Shapr3D (Hungary), Innersight (UK). These vendors have adopted various organic and inorganic strategies to sustain their positions and increase their market shares in the global market.

GE Healthcare, a division of GE (NYSE: GE), holds a prominent position in the healthcare sector, offering a diverse range of medical technology, pharmaceutical diagnostics, and digital solutions. Its Edison intelligence platform and smart devices empower healthcare professionals to make swift, well-informed decisions, integrating data analytics and applications. With a legacy spanning over a century and a global workforce of around 48,000 employees, GE Healthcare operates at the core of a collaborative healthcare ecosystem. Its primary focus revolves around advancing precision health by digitizing healthcare processes, fostering productivity, and enhancing patient and provider outcomes worldwide.

The company’s dedication to innovation and leading-edge technology cements their role as pioneers in driving healthcare transformation. Its holistic approach, merging technology, data analytics, and services, aligns seamlessly with the dynamic needs of the healthcare domain. Through fostering collaboration and drawing upon their extensive expertise, GE Healthcare continues to significantly impact healthcare delivery and patient care on a global scale.

Autodesk is revolutionizing global design and production across multiple industries such as architecture, construction, manufacturing, media, and entertainment. Its comprehensive suite of software, including AutoCAD, Revit, Maya, 3ds Max, Fusion 360, SketchBook, and more, is utilized by over 100 million users worldwide. These tools serve as catalysts for unlocking creativity while addressing crucial design, business, and environmental challenges. Accessible on both personal computers and mobile devices, Autodesk software harnesses the infinite computational capabilities offered by the cloud. This enables seamless collaboration and the realization of intricate 3D concepts for teams across the globe. From enabling the creation of environmentally sustainable buildings to revolutionizing product innovation and contributing to visually stunning entertainment, our tools play a pivotal role in shaping a better world.

Beyond technology, the company’s focus extends to nurturing a collaborative ecosystem where creators and innovators leverage these tools to drive positive changes across diverse industries and societies globally.

Trimble is a technology leader, offering transformative solutions that redefine how industries measure, build, evolve, and transport goods, ultimately enhancing the quality of life. Through pivotal technologies such as positioning, modeling, connectivity, and data analytics, Trimble serves as a bridge between the digital and physical worlds. This integration aims to elevate productivity, enhance quality, ensure safety, increase transparency, and promote sustainability across various sectors.

Trimble’s diverse portfolio, ranging from purpose-built products to comprehensive enterprise solutions and industry-specific cloud services, holds the power to revolutionize critical industries such as construction, geospatial mapping, agriculture, and transportation. By infusing innovation into these sectors, Trimble enables an interconnected ecosystem, fostering a world where work thrives on seamless connectivity, efficiency, and adaptability. Its vision and commitment to leveraging technology for the betterment of industries and society drive their efforts to create an interconnected global landscape where progress and efficiency go hand in hand.

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Rip’n Wud Skis Unveils Its New Borealis Collection at Sport Achat Hiver Trade Fair

Renowned independent ski company expands offerings with nine new models in fresh colors.

Rip’n Wud Skis, an independent ski company based in Haute Savoie Mont-Blanc, France has announced the upcoming launch of its BOREALIS COLLECTION. Well known and highly regarded for its devotion to quality, durability, and eco-friendly practices, Rip’n Wud Skis has been a prominent name in the skiing market since 1997. The new collection, featuring nine premium models in vibrant colors, will be showcased at the SPORT ACHAT HIVER trade fair from January 29-31 in Grenoble.

Kevan Beane, a former Canadian Olympic winter sports team member and the designer-owner of Rip’n Wud, expressed excitement about the BOREALIS COLLECTION. “We are thrilled to introduce our new line, catering to both beginners and professionals. These skis maintain our signature high handmade quality while offering a fresh and affordable option for skiing enthusiasts,” commented Beane.

Rip’n Wud Skis has earned a reputation for its dedication to quality and passion for high alpine skiing. The company is committed to eco-friendly practices and meticulous research and development in the use of sustainable materials.

Rip’n Wud Skis are renowned for their durability and easy handling. The skis are crafted with precision and strict quality control, utilizing hand-selected Eco materials developed by the company. The entire production process reflects the company’s commitment to using the best environmetally-friendly raw materials available.

The wooden cores of Rip’n Wud skis are made from 100% Eco-grown white ash, walnut, and wild cherry wood sourced from replanted forests. With over 30 years of wood core ski building experience, Rip’n Wud technicians create each pair as a precision “handmade” product, ensuring effortless riding on various terrains and BIG MOUNTAIN conditions.

The existing premium line, consisting of nine models crafted from walnut wood, has garnered appreciation from riders worldwide. The BOREALIS COLLECTION, featuring nine new models in different colors, maintains the high handmade quality of the premium line but is offered at a more accessible price point.

“We take pride in the interior and exterior quality of our skis. The use of white ash wood, known for its strength and durability, ensures that our skis maintain their form even after the most demanding ski seasons,” stated Kevan Beane.

Check out the Sport Achat Hiver website here.

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