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Category: Aerospace and Defense

Automotive Semiconductor market in Europe is expected to grow from US$ 9,257.4 Mn in 2017 to US$ 17,613.0 Mn by the year 2027. This represents a CAGR of 6.6% from the year 2018 to 2027.

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Ongoing Collaborations Between Automotive OEMs and Semiconductor Manufacturers Drive Growth in the Europe Automotive Semiconductor Market

The growing integration of advanced electronics in vehicles is placing increased pressure on global automotive manufacturers to adopt high-performance semiconductor solutions. This trend is significantly contributing to the expansion of the automotive semiconductor market across Europe. One of the primary drivers behind this growth is the accelerating shift toward vehicle electrification, which demands more sophisticated electronic components.

To meet evolving consumer expectations for safety, performance, and reliability, automakers are increasingly forming strategic partnerships with semiconductor manufacturers. A notable example is the collaboration between Audi AG and ON Semiconductor, announced in January 2018. This partnership aims to leverage ON Semiconductor’s innovations and incorporate advanced semiconductor technologies into Audi’s new vehicle models, aligning with the industry's technological evolution.

In addition, the rising demand for electric and autonomous vehicles continues to fuel the need for cutting-edge semiconductors. European carmakers are actively innovating and developing autonomous driving technologies, which require high-performance chips to support complex functionalities. With growing consumer interest in smart and fully autonomous vehicles, semiconductors are becoming indispensable to the next generation of automotive design.

To address these market demands, both automotive and semiconductor sectors are intensifying efforts to advance technologies, manage raw material costs, and seamlessly integrate robust electronic systems into vehicles. For instance, in 2018, Intel introduced the first autonomous vehicle in its 100-car test fleet. Furthermore, companies like Nissan, BMW, and Volkswagen are adopting Mobileye-based mapping systems, while Intel has also entered into partnerships with NavInfo and SAIC Motor to extend crowdsourced map-building efforts into China.

These strategic initiatives and collaborations are playing a vital role in accelerating the growth of the Europe automotive semiconductor market.

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Germany is anticipated to leads the automotive semiconductor market across the European region through the forecast period. Germany is the largest contributor in the automotive market share of the region. A growing automotive electronics and rapid inclination of automotive manufacturers for including electronics integrations due to the emergence of autonomous driving and advanced driver assist systems has resulted in the higher demands for the automotive semiconductor. Germany has over 40 semiconductor fabs that are run by various companies that include NXP, Infineon, the Fraunhofer Institute research organization, and Osram/Siemens. Also, U.S. based companies including Texas Instruments and Global foundries have fabs in the country. This bolster the Europe automotive semiconductor market on the forecast period.

Europe Automotive Semiconductor Market Segmentation

By Components: Europe Automotive Semiconductor Market

  • Optical Devices
  • Sensors & Actuators
    • LED
    • Image Sensor
    • Position Sensor
    • Temperature Sensor
    • Pressure Sensor
    • Others
  • Memory
    • DRAM
    • Flash
  • Microcontrollers
  • Analog ICs
  • Logic and Discrete Power Devices

 

By Application: Europe Automotive Semiconductor Market

  • Advanced Driver Assistance Systems
  • Body Electronics
  • Infotainment
  • Powertrain
  • Safety Systems

 

Vehicle Type: Europe Automotive Semiconductor Market

  • Passenger Cars
  • Lightweight Commercial Vehicle
  • Heavyweight Commercial Vehicle

 

By Country: Europe Automotive Semiconductor Market

  • France
  • Germany
  • UK
  • Italy
  • Spain
  • Russia
  • Rest of Europe

 

Companies Mentioned: Europe Automotive Semiconductor Market

  • NVidia Corporation
  • Intel Corporation
  • NXP Semiconductors N.V.
  • Infineon Technologies AG
  • Rohm Semiconductor
  • Texas Instruments Inc.
  • Renesas Electronics Corporation
  • Robert Bosch Gmbh
  • ON Semiconductor Corporation
  • STMicroelectronics N.V.

 

Europe Automotive Semiconductor Market Strategic Insights

Strategic insights for the Europe Automotive Semiconductor provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

Europe Automotive Semiconductor Regional Insights

The geographic scope of the Europe Automotive Semiconductor refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

About Us:

Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.

Author’s Bio:

Suryakant Gadekar

Senior Market Research Expert at Business Market Insights

Online Sales of Sparkling Wine in North America 2021–2028


By Business Market Insights, 2025-07-22

The sparkling wine market in North America is expected to grow from US$ 8,855.66 million in 2021 to US$ 11,902.84 million by 2028; it is estimated to grow at a CAGR of 4.3% from 2021 to 2028.

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The growing tradition of enjoying vintage wine during special occasions, along with the rising acceptance of wine consumption, is significantly contributing to the growth of the sparkling wine market in countries such as Canada. Over the 21st century, wine consumption in the region has seen a steady increase, driven by the rising popularity and easy availability of sparkling wine varieties, particularly through online retail platforms.

Canada is also boosting its domestic wine production, with vineyard acreage more than doubling between 2006 and 2016. Although much of this land is used for table grapes, wine production is steadily gaining momentum. At the same time, international winemakers are entering the Canadian market, adapting their production techniques and packaging styles to better align with local consumer preferences.

The increasing popularity of grape wine is creating new opportunities for domestic producers. Consumers are embracing the custom of celebrating milestones—such as business deals, financial successes, corporate events, weddings, and receptions—by popping bottles of sparkling wine. This cultural shift is driving the growth of the sparkling wine market across the country. As a result, several countries throughout North America are offering substantial growth prospects for sparkling wine producers and marketers.





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Market Introduction

North America constitutes economies such as the US, Canada, and Mexico. North America is one of the prominent regions for sparkling wines market owing to rapidly increasing consumption of sparkling wines across the region. Moreover, The US is one of the significant producers of sparkling wine in the world, and according to a report published by the International Organization of Vine and Wine, it accounted for 6% of the global sparkling wine production in 2018. The country ranks third among the largest consumers of sparkling wine, after Germany and France. Although sparkling wine traditionally serves the purpose of celebration and grandeur, Americans are rapidly welcoming it as a wine for everyday meet-ups.

According to the data provided by Wine Institute, more than 300 wineries in California produce sparkling wine in various styles, ranging from bone dry to sweet. Further, growing inclination toward beverages with lower alcohol content, changing food and beverage preferences and choices of customers, increasing frequency of celebrations are among other factors boosting the consumption of sparkling wine in North American countries. In addition to the growing trend and will of celebrating small occasions such as wedding ceremonies, anniversaries, birthdays, thanksgiving, and baby showers, the practice of gifting premium wine varieties during such occasions is also triggering the sales of these wine products in the region.

Additionally, the trend of going out on dates and fancy dinners is also expected to propel the market growth during the forecast period. North America is one of the lucrative regions for the manufacturers of sparkling wines, and the import volumes of sparkling wine in the region is increasing rapidly. Thus, the presence of a potential customer base with a strong affinity toward sparkling wine is opening immense growth opportunities for sparkling wines manufacturers. Rise in Popularity of sparkling wine is the major factor driving the growth of the North America sparkling wine market.

The US recorded the highest number of COVID-19 confirmed cases than Mexico and Canada. The crisis adversely affected the food & beverage industry in the region due to restricted supply chain. In addition, lockdown, social distancing, shutdown of various supermarkets and hypermarkets, coupled with the overall disruptions in manufacturing process, supply chain disintegration, shortage of raw materials, and other factors have impacted the operations of various industries across the region leading to a significant drop in demand for sparkling wines. However, remarkable success of vaccination drives across the region is projected to have a positive impact on business activities and the economy, which is projected to favor the growth of sparkling wines market in North America over the forecast period.

North America Sparkling Wine Market Segmentation

North America Sparkling Wine Market -By Type

  • White
  • Red
  • Rose

North America Sparkling Wine Market -By

Packaging type

  • Bottles
  • Cans

North America Sparkling Wine Market -By Distribution Channel

  • Supermarkets and Hypermarkets
  • Specialty Stores
  • Online Retail
  • Others

North America Sparkling Wine Market -By Country

  • US
  • Canada
  • Mexico

North America Sparkling Wine Market -

Company Profiles North America Sparkling Wine Market

  • Bacardi and Company Limited
  • Bronco Wine Co.
  • Chandon
  • Constellation Brands, Inc.
  • Henkell Freixenet
  • Pernod Ricard Winemakers
  • Schramsberg Wineyards
  • Treasury Wine Estates Ltd

North America Sparkling Wine Market Strategic Insights

Strategic insights for the North America Sparkling Wine provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

North America Sparkling Wine Market Regional Insights

The geographic scope of the North America Sparkling Wine refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

About Us:
Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.

Author’s Bio:
Suryakant Gadekar
Senior Market Research Expert at Business Market Insights

Wi-Fi Smart Locks Market North America 2027 Forecast


By Business Market Insights, 2025-07-21

The North America Smart Locks market is projected to reach US$ 1,282.5 Mn by 2027 from US$ 529.7 Mn in 2019; it is expected to grow at a CAGR of 11.9% from 2020 to 2027.

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Market Introduction

The rising number of smartphone users worldwide has significantly boosted the adoption of smart locks in recent years. These devices offer enhanced convenience and an easy-to-use interface, making them an appealing solution for modern households. Growing awareness around home security, continuous advancements in smart technologies such as smartphones, increasing disposable incomes, and the expansion of internet services are among the key factors driving the growth of the smart lock market.

North America, being home to a large concentration of manufacturing and technology companies, faced considerable challenges during the COVID-19 pandemic. The outbreak severely impacted economic activity in 2020 and continued to affect the market into 2021. Consequently, the smart lock market in the region experienced short-term setbacks due to the ongoing health crisis.

Smart locks integrate seamlessly with communication technologies like Bluetooth, Wi-Fi, and NFC, offering users a combination of security and convenience. As smartphones become increasingly essential in daily life—particularly across emerging economies—the demand for smart locks is expected to grow. This trend is projected to support the expansion of the North American smart lock market during the forecast period of 2020–2027.

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North America smart Locks Market Segmentation

North America Smart Locks Market, by Type

  • Padlocks
  • Deadbolt
  • Lever Handle
  •  Others

 

North America Smart Locks Market, by Communication Technology

  • Wi-Fi
  • Bluetooth
  •  NFC
  • Others

 

North America Smart Locks Market, by Application

  • Residential
  • Commercial
  • Industrial

 

By Country

  • US
  • Canada
  • Mexico

 

Company Profiles

  • Havenlock Inc
  • Honeywell International Inc
  • August Home
  • Wyze Labs, Inc.
  • Samsung
  • Honeywell International Inc.
  • U-tech Group Inc
  • Schlage
  • Gantner Electronic GmbH

North America Smart Locks Strategic Insights

Strategic insights for the North America Smart Locks provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

North America Smart Locks Regional Insights

The geographic scope of the North America Smart Locks refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

About Us:
Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.

Author’s Bio:
Suryakant Gadekar
Senior Market Research Expert at Business Market Insights

The tactical communication market in North America is expected to grow from US$ 6,715.26 million in 2021 to US$ 11,172.21 million by 2028. It is estimated to grow at a CAGR of 7.6% from 2021 to 2028.

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The aerospace and defense sectors heavily rely on advanced communication systems to ensure effective and uninterrupted communication between personnel across various locations and the base or ground stations. In the defense industry, maintaining the privacy and security of tactical communications is a top priority. Long-distance communication is crucial for transmitting real-time information to troops, and defense operations depend on a vast and sophisticated network of physical infrastructure and software to support these capabilities.

Tactical communication , a key element of military communication systems, involves the exchange of critical information—such as commands and intelligence—between command centers, personnel, and units on the battlefield, particularly during combat operations. With the advancement of communication technologies, land-based forces now utilize cutting-edge wireless systems and mobile devices while operating in ground vehicles or as dismounted infantry.

The increasing need for secure and mobile communications among land forces is driving demand for compact communication solutions like manpack radios, which enhance mobility and operational efficiency. Additionally, the growing adoption of SATCOM-on-the-move (SOTM) systems enables uninterrupted communication even while vehicles are in motion, providing a strategic advantage during active missions.

A notable development in this space occurred in January 2021, when Envistacom was awarded a US$235 million prime contract by the U.S. Army. This three-year task order, issued under the 10-year, US$5.1 billion Global Tactical Advanced Communication Systems II (GTACS II) contract vehicle, provides a competitive procurement framework for acquiring new technologies and services across the Department of Defense.

Despite these advancements, enhancing battlefield communication security remains a key focus. The demand for real-time situational awareness, immediate access to command and control data at the soldier level, and greater bandwidth requirements are accelerating the adoption of next-generation tactical communication systems. These trends are contributing to the steady growth of the tactical communication market in North America.

As vendors introduce innovative features and technologies, they are not only meeting evolving military needs but also expanding their reach into emerging markets—further driving the North America tactical communication market at a significant CAGR over the forecast period.

Segmentation Breakdown: North America Tactical Communication Market

North America Tactical Communication Market Platform:

    • Airborne
    • Shipborne
    • Land
    • Underwater
    • In 2021, the land segment dominated the market share. The airborne segment is projected to exhibit the highest Compound Annual Growth Rate (CAGR) during the forecast period.

North America Tactical Communication Market Type:

    • Soldier radio
    • Manpack radio
    • VIC (vehicular intercommunication radio)
    • High-Capacity Data Radio (HCDR)
    • Others
    • In 2021, the soldier radio segment held the largest market share. The VIC (vehicular intercommunication radio) segment is anticipated to register the highest CAGR during the forecast period.

North America Tactical Communication Market Technology:

    • Time-Division Multiplexing (TDM)
    • Next-Generation Network (NGN)
    • In 2021, the Time-Division Multiplexing (TDM) segment accounted for a larger market share. The Next-Generation Network (NGN) segment is expected to achieve a higher CAGR during the forecast period.

North America Tactical Communication Market Application:

    • ISR (Intelligence, Surveillance, and Reconnaissance)
    • Combat
    • Command and Control
    • In 2021, the combat segment held a larger market share. The ISR segment is projected to register a higher CAGR during the forecast period.

North America Tactical Communication Market Country:

    • US
    • Canada
    • Mexico
    • In 2021, the US commanded the largest market share and is also expected to demonstrate the fastest CAGR during the forecast period.

Key Market Players: North America Tactical Communication Market

Leading companies in the North America Tactical Communication Market include:

  • BAE Systems
  • General Dynamics Mission Systems, Inc.
  • Iridium Communications Inc.
  • Northrop Grumman Corporation
  • Raytheon Technologies Corporation
  • Thales Group
  • Ultra
  • Viasat, Inc.
  • Airbus SAS
  • L3Harris Technologies, Inc.

North America Tactical Communication Strategic Insights

Strategic insights for the North America Tactical Communication provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

North America Tactical Communication Regional Insights

The geographic scope of the North America Tactical Communication refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

About Us:
Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.

Author’s Bio:
Suryakant Gadekar
Senior Market Research Expert at Business Market Insights

The North American radiation-hardened electronics market is projected to expand significantly, climbing from US$ 709.13 million in 2021 to US$ 931.19 million by 2028, demonstrating a compound annual growth rate (CAGR) of 4.0% over this period. This growth is primarily fueled by increasing investments in space programs across both developed and developing nations.

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Government initiatives and substantial funding for new satellite development, crucial for both scientific space studies and the provision of space-based internet and navigation services, are key drivers. The rapid increase in satellite production, exemplified by SpaceX's monthly output of 120 Starlink broadband satellites since August 2020, highlights this trend. SpaceX's ambition to create a 12,000-satellite Starlink constellation for global high-speed internet directly contributes to the heightened demand for radiation-hardened electronics. These specialized electronics are vital for safeguarding satellites from the damaging effects of solar flares and other severe space environmental conditions. Consequently, the surge in satellite development across North America is a major catalyst for the radiation-hardened electronics   market's expansion .

Furthermore, the introduction of innovative features and technologies by vendors is expected to attract new customers and facilitate market penetration into emerging sectors, thereby further stimulating the growth of the North American radiation-hardened electronics market during the forecast period.

North America Radiation-Hardened Electronics Market: Segmentation and Key Insights

The North America radiation-hardened electronics market is strategically segmented across four key dimensions:

  1. North America radiation-hardened electronics market By Component
  • Power Management Components (Market leader in 2021; projected fastest growth)
  • Analog & Digital Mixed-Signal Devices
  • Memory
  • Controllers & Processors

Power management components dominate due to increasing demand for reliable power solutions in harsh radiation environments.

  1. North America radiation-hardened electronics market By Manufacturing Technique
  • Radiation Hardening by Design (RHBD) (Dominant segment in 2021; highest expected growth)
  • Radiation Hardening by Process (RHBP)

RHBD leads as it offers cost-effective hardening at the design stage without requiring specialized fabrication.

  1. North America radiation-hardened electronics market By Application
  • Space (Largest market share in 2021)
  • Aerospace & Defense
  • Nuclear Power Plants
  • Others (Fastest-growing segment)

Space applications drive demand due to rising satellite deployments and deep-space missions, while emerging industries fuel growth in the "Others" category.

  1. North America radiation-hardened electronics market By Country
  • United States (Largest market)
  • Canada
  • Mexico

The U.S. leads due to strong aerospace, defense, and space sector investments.

North America radiation-hardened electronics market Competitive Landscape

The market is led by established players specializing in radiation-hardened solutions:

  • BAE Systems
  • Data Device Corporation
  • Honeywell International Inc.
  • Infineon Technologies AG
  • Microchip Technology Inc.
  • Renesas Electronics Corporation
  • STMicroelectronics
  • Texas Instruments Incorporated
  • VORAGO Technologies
  • Xilinx, Inc. (AMD)

This segmentation highlights critical growth areas, technological trends, and competitive dynamics shaping the North American radiation-hardened electronics industry.

North America radiation-hardened electronics market Strategic Insights

Strategic insights for the North America Radiation-Hardened Electronics provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

North America radiation-hardened electronics market Regional Insights

The geographic scope of the North America Radiation-Hardened Electronics refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

About Us:

Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.

Author’s Bio:

Suryakant Gadekar

Senior Market Research Expert at Business Market Insights

The long read sequencing market in North America is expected to grow from US$ 570.24 million in 2021 to US$ 2,254.97 million by 2028; it is estimated to grow at a CAGR of 21.7% from 2021 to 2028.

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Five years ago,  genomic sequencing  was primarily a research tool. Now, it's rapidly moving into  clinical practice , with over 60 million patient genomic datasets expected to be generated in healthcare within the next five years. This shift has been fueled by substantial government investments, totaling over  US$ 4 billion across at least 14 countries , driving national genomic medicine initiatives and paving the way for wider adoption.

North America Long Read Sequencing Market Soars

North America  is a leading market for  long read sequencing , with the  US  holding the largest share, followed by  Canada . This  market growth  is largely due to increased demand for  gene synthetic techniques  from biopharmaceutical and biotechnology companies, along with extensive R&D efforts by academic and research institutions.

Factors further stimulating this market include a growing emphasis on incorporating  advanced methods in healthcare , government and private initiatives promoting  precision medicine , and significant funding for genomic research. The  COVID-19 pandemic  has also played a crucial role, boosting market growth in the region. The numerous benefits of long read sequencing are a major driving force behind the North America Long Read Sequencing Market expansion.

The  US  was particularly impacted by the COVID-19 pandemic, leading to a surge in genomic sequencing efforts to track coronavirus mutations. For example, the US sequenced 3% of samples, ranking 43rd in the GISAID Initiative, a global genome sequencing database project. This highlights the country's increasing capacity and focus on genomic sequencing to combat COVID-19 and emerging variants.

In Canada,  Genome Canada  launched the  Canadian COVID Genomics Network  in April 2020, backed by  USD 40 million  in funding. This initiative involves partnerships with regional Genome centers, sequencing centers, public health labs, universities, hospitals, and the private sector to scale up genome-based COVID-19 research. Similarly, in April 2020,  Pacific Biosciences of California, Inc.,  and  Labcorp  collaborated to develop a production-scale assay for sequencing complete SARS-CoV-2 genomes from patient samples using the  Sequel II system . These developments are expected to significantly contribute to the future demand for long read sequencing in North America.

North America Long Read Sequencing Market Segmentation

North America Long Read Sequencing Market -By Technology

  • Single-Molecule Real-Time Sequencing (SMRT)
  • Nanopore Sequencing
  • Loop Genomics Long-Read Sequencing

North America Long Read Sequencing Market -By Product

  • Instruments
  • Consumables
  • Services

North America Long Read Sequencing Market -By Application

  • Identification and fine mapping of structural variation
  • Tandem Repeat Sequencing
  • Pseudogene discrimination
  • Resolving allele phasing
  • Reproductive genomics
  • Cancer
  • Viral and Microbial Sequencing
  • Others

North America Long Read Sequencing Market -By Workflow

  • Pre-sequencing
  • Sequencing
  • Data Analysis

North America Long Read Sequencing Market -By End User

  • Academic Research Institutes
  • Hospitals and Clinics
  • Pharma and Biotechnology Companies

North America Long Read Sequencing Market -By Country

  • US
  • Canada
  • Mexico

North America Long Read Sequencing Market -Company Profiles

  • Bionano Genomics
  • F. HOFFMANN-LA ROCHE LTD.
  • Illumina, Inc.
  • Oxford Nanopore Technologies
  • Pacific Biosciences of California, Inc.
  • PerkinElmer, Inc.
  • Quantapore, Inc.

About Us:

Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.

Author’s Bio:

Suryakant Gadekar

Senior Market Research Expert at Business Market Insights

Lactic Acid Pricing Trends in North America – 2027 Forecast


By Business Market Insights, 2025-07-01

The North America lactic acid market is expected to reach US$ 666.25 million in 2027 from US$ 331.65 million in 2019. The market is anticipated to grow at a CAGR of 9.1 % from 2020 to 2027.

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The North America Lactic Acid Market is experiencing growth due to its expanding application scope and multi-functionalities. However, this growth is somewhat dampened by volatile raw material prices.

Lactic acid , also known as lactate, is an organic acid produced through fermentation and is a byproduct of anaerobic respiration. It is commonly derived from carbohydrate feedstocks such as sugarcane, corn starch, or tapioca starch. Lactic acid is a crucial building block for polylactic acid and finds diverse applications across industries, including food and beverages, personal care, and pharmaceuticals.

The COVID-19 pandemic, which originated in Wuhan, China, in December 2019, has had a significant negative impact on the North America Lactic Acid Market. The widespread global spread of the virus has led to severe disruptions in the food and beverages industry, including supply chain issues, lockdowns, travel bans, and business closures in various countries. The United States, with the highest number of COVID-19 cases in North America, has particularly experienced disruptions in its food and beverages supply and distribution chains. Furthermore, lockdown measures have adversely affected overall manufacturing processes, as well as research and development activities across various industries, including those reliant on lactic acid

Reasons to buy the report

  • To understand the North America lactic acid market landscape and identify market segments that are most likely to guarantee a strong return
  • To stay ahead by comprehending the ever-changing competitive landscape for the lactic acid market
  • To efficiently plan M&A and partnership deals in the North America Lactic Acid Market by identifying market segments with most promising probable sales
  • To take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segments in the lactic acid market
  • To obtain market revenue forecast for market by various segments from 2017 to 2027

North America Lactic Acid Market Segmentation

North America Lactic Acid Market By Form

  • Dry
  • Liquid

North America Lactic Acid Market By Application

  • Food & Beverages
  • Pharmaceuticals
  • Personal Care
  • Others

North America Lactic Acid Market Company Profiles

  • Corbion
  • Cargill Inc.
  • Foodchem International Corporation
  • Galactic
  • Musashino Chemical Laboratory, Ltd.
  • Shandong Baisheng Biotechnology Co., Ltd.
  • Jungbunzlauer Suisse AG,
  • Vigon International, Inc

North America Lactic Acid Market By Country

  • US
  • Canada
  • Mexico

North America Lactic Acid Market Strategic Insights

Strategic insights for the North America Lactic Acid provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

North America Lactic Acid Market Regional Insights

The geographic scope of the North America Lactic Acid refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

About Us:

Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.

Author’s Bio:

Suryakant Gadekar

Senior Market Research Expert at Business Market Insights

The North America foot orthotic insoles market is projected to reach US$ 2,192.39 million by 2027 from US$ 1,388.81 million in 2019. The market is estimated to grow at a CAGR of 6.0% from 2020 to 2027.

The North America Foot Orthotic Insoles Market is experiencing growth primarily driven by the rising prevalence of conditions like diabetes and arthritis, as well as increasing demand from the sports sector. The introduction of 3D-printed orthotic insoles is also expected to further boost market expansion.

However, a significant challenge to  market growth  is the low adoption rate of foot orthotic insoles, particularly in emerging economies, largely due to a lack of awareness.

Market Introduction:

Foot orthoses, commonly known as orthotics, are shoe inserts designed to off-load foot structures and provide cushioning. They come in two main types:

  • Prefabricated (Over-the-Counter) Orthoses:  These are mass-produced based on standard foot sizes.
  • Custom-Made Orthoses:  These are individually crafted from a plaster cast or 3D laser scan of a patient's foot.

Orthoses are used in conjunction with standard medical care for various foot and lower limb issues, including plantar heel pain, rheumatoid arthritis, pronated foot, and diabetic foot complications. Their purpose is to modify the function of foot and lower limb joints during weight-bearing activities like standing, walking, or running, ultimately reducing pain and improving function. The foot orthotic insoles market is experiencing growth driven by several key factors. A primary driver is the increasing prevalence of foot conditions such as diabetes and arthritis, which often necessitate supportive footwear to manage pain and improve mobility. Additionally, the burgeoning sports sector contributes significantly to market expansion, as athletes and active individuals seek orthotics for performance enhancement, injury prevention, and improved comfort. The recent introduction of 3D-printed orthotic insoles is also expected to further propel market growth during the forecast period due to their enhanced customization and efficiency.

However, the market faces a notable challenge: the relatively low adoption rate of foot orthotic insoles in emerging economies. This limited uptake is primarily attributed to a lack of awareness regarding the benefits and availability of these devices.

Get a sample PDF of the report –  https://www.businessmarketinsights.com/sample/TIPRE00016083

Reasons to buy the report

  • To understand the North America foot orthotic insoles market landscape and identify market segments that are most likely to guarantee a strong return
  • To stay ahead by comprehending the ever-changing competitive landscape of the North America foot orthotic insoles market
  • To efficiently plan M&A and partnership deals in the North America foot orthotic insoles market by identifying market segments with the most promising probable sales
  • To help take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segments in the North America foot orthotic insoles market
  • To obtain market revenue forecast of various segments from 2018 to 2027 in North America.

North America Foot Orthotic Insoles Market Segmentation

North America Foot Orthotic Insoles Market By Product Type

  • Customized
  • Prefabricated

North America Foot Orthotic Insoles Market By Material

  • Thermoplastics
  • Polyethylene foams
  • Leather
  • Cork
  • Composite Carbon Fibers
  • Ethyl-vinyl acetates (EVAs)
  • Gel
  • Others

North America Foot Orthotic Insoles Market By Application

  • Sports and Athletics
  • Medical
  • Personal Comfort

North America Foot Orthotic Insoles Market By Distribution Channel

  • Drug Stores
  • Hospitals and Specialty
  • Online Stores
  • Others

North America Foot Orthotic Insoles Market By Country

  • US
  • Canada
  • Mexico

North America Foot Orthotic Insoles Market Company Profiles

  • Aetrex Worldwide, Inc
  •  Bauerfeind AG
  •  OttoBock
  •  Superfeet Worldwide Inc.
  •  Sidas
  •  Algeos
  • Amfit Inc
  • Acor Orthopaedic, Inc.
  • Yellow Wood Partners, LLC

North America Foot Orthotic Insoles Market Strategic Insights

Strategic insights for the North America Foot Orthotic Insoles provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

North America Foot Orthotic Insoles Market Regional Insights

The geographic scope of the North America Foot Orthotic Insoles refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

About Us:

Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics Semiconductor; Aerospace Defense; Automotive Transportation; Energy Power; Healthcare; Manufacturing Construction; Food Beverages; Chemicals Materials; and Technology, Media, Telecommunications.

Author’s Bio:
Suryakant Gadekar
Senior Market Research Expert at Business Market Insights

The North America portable oxygen concentrators market is expected to reach US$ 1,315.42 million by 2027 from US$ 682.73 million in 2019. The market is estimated to grow at CAGR of 8.6% from 2020 to 2027.

Portable Oxygen Concentrators (POCs) are medical devices designed to deliver supplemental oxygen to patients requiring higher concentrations than ambient air provides. Functionally similar to larger home oxygen concentrators, POCs are distinguished by their significantly smaller size and portability. This mobility enables patients to carry their oxygen source with them, facilitating greater independence and the ability to maintain daily routines, travel, and engage in normal activities – effectively supporting an active lifestyle.

The market for these devices is experiencing significant  Market growth drivers . A key factor is the rising global prevalence of chronic respiratory diseases and disorders, such as COPD and pulmonary fibrosis, which often necessitate long-term oxygen therapy. Furthermore, the aftermath of the COVID-19 pandemic continues to influence the market, as many recovered patients experience lingering respiratory complications requiring oxygen support, increasing demand for accessible solutions like POCs.

However, the market expansion faces a notable constraint: the high cost associated with portable oxygen concentrators. This expense can present a significant barrier to access for many patients, potentially limiting market penetration despite the growing underlying need. While POCs offer unparalleled freedom compared to stationary units or oxygen tanks, their affordability remains a critical challenge influencing overall market growth dynamics.

Get a sample PDF of the report –  https://www.businessmarketinsights.com/sample/TIPRE00014178

Reasons to buy the report

  • To understand the North America portable oxygen concentrators market landscape and identify market segments that are most likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for the North America portable oxygen concentrators market
  • Efficiently plan M&A and partnership deals in the North America portable oxygen concentrators market by identifying market segments with the most promising probable sales
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segments of the North America portable oxygen concentrators market
  • Obtain market revenue forecast for market by various segments from 2019 to 2027 in North America

North America Portable Oxygen Concentrators Market –   Segments

North America portable oxygen concentrators market By Product

  • Continuous Flow
  • Pulse Flow

North America portable oxygen concentrators market By Application

  • COPD
  • Asthma
  • Respiratory Distress Syndrome
  • Others

North America portable oxygen concentrators market By End User

  • Hospitals
  • Homecare Settings
  • Others

North America portable oxygen concentrators market By Country

  • North America
  • US
  • Canada
  • Mexico

North America portable oxygen concentrators market Company Profiles

  • Koninklijke Philips N.V
  • Caire Inc. (Chart Industries)
  • Inogen Inc.
  • Invacare Corporation
  • O2 Concepts
  • Nidek Medical Products, Inc.
  • Drive DeVilbiss International
  • GCE Group
  • Inova labs Inc. (ResMed)

North America portable oxygen concentrators market Strategic Insights

Strategic insights for the North America Portable Oxygen Concentrators provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

North America portable oxygen concentrators market Regional Insights

The geographic scope of the North America Portable Oxygen Concentrators refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

About Us:

Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.

Author’s Bio:
Suryakant Gadekar
Senior Market Research Expert at Business Market Insights

The music streaming market in North America is expected to grow from US$ 10.05billion in 2019 to US$ 17.19 billion by 2027; it is estimated to grow at a CAGR of 6.7% from 2020 to 2027.

The digital music landscape in North America is undergoing a significant transformation, driven by the rapid adoption of streaming platforms. As consumers are increasingly drawn to the accessibility of vast music libraries – often starting with free tiers or trials – the  digital music market  is accelerating. This growth is further fueled by rising disposable income, enabling greater spending on digital content subscriptions.

Leading platforms like Spotify, Apple Music, Amazon Music Unlimited, YouTube Music, Pandora, SoundCloud, iHeartRadio, Tidal, and Deezer dominate the market. Key factors propelling this shift include widespread smartphone adoption, advanced streaming applications, affordable mobile data, the enabling power of cloud technology, and diverse regional music offerings.

Currently, the core user base for these services is concentrated within the 18-30 year old demographic, a group demonstrating high willingness to invest in music streaming. However, significant growth potential lies in targeting new demographics, which could substantially increase subscriber numbers and provider revenue. Overall, the market is driven by increasing consumer demand for diverse streaming options and a continuously expanding global subscriber base.

Get a sample PDF of the report –  https://www.businessmarketinsights.com/sample/TIPRE00012218

North America Music Streaming Market Segmentation

North America Music Streaming Market By Content Type

  • Audio Streaming
  • Video Streaming

North America Music Streaming Market By Streaming Type

  • Live Streaming
  • On-Demand Streaming

North America Music Streaming Market By EndUser

  • Commercial
  • Individual

North America Music Streaming Market By Country

  • US
  • Canada
  • Mexico

North America Music Streaming Market Company Profiles

  • Amazon.com, Inc.
  • Apple, Inc.
  • Deezer
  • Google LLC
  • iHeartMedia Inc.
  • Pandora Media, LLC
  • SoundCloud
  • Spotify Technology S.A
  • Tidal 

Reasons to buy report 

  • To understand the North America music streaming market landscape and identify market segments that are most likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for North America music streaming market
  • Efficiently plan M&A and partnership dealsin North America music streaming market by identifying market segments with the most promising probable sales
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form North America music streaming market
  • Obtain market revenue forecast for market by various segments from 2020 to 2027 in North America region

North America Music Streaming Market Strategic Insights

Strategic insights for the North America Music Streaming provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

North America Music Streaming Market Regional Insights

The geographic scope of the North America Music Streaming refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

About Us:

Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.

Author’s Bio:

Suryakant Gadekar

Senior Market Research Expert at Business Market Insights

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