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Illuminating the Future: Growing Demand for Image Intensifiers in the Market Demand for the image intensifier market is projected to reach $4,068.9 million by the end of 2033, from $1,023 million in 2022. US$ 1,123.6 million. Find sensors in almost every industry. Smartphones incorporate sensors such as ambient light sensor, accelerometer, temperature sensor, gyroscope, and proximity sensor to track parameters. The sensor market is growing steadily in IT & telecommunications, automotive, and consumer electronics sectors, and this trend is expected to continue. The global image enhancers market is projected to display a total incremental opportunity of $319.7 million over the forecast period of 2019 to 2029. Recent Developments in the Image Intensifier Market As of 2023, the image intensifier market has seen several significant developments. Some of the notable recent developments on the image intensifier market include: Technology Advancements: The image enhancers market has witnessed significant technological advancements in recent years. The development of advanced image intensifiers with improved performance characteristics such as higher sensitivity, faster response time and improved image quality has been a key area of ​​focus. These technological advances have introduced new image intensifiers with enhanced features, enabling a wider range of applications in a variety of industries including military and defense, medical imaging, and industrial inspection. Growing Demand for Night Vision Devices: The demand for night vision devices that rely heavily on image intensifiers is steadily increasing. Night vision devices are used in a variety of fields, including defense, law enforcement, surveillance, and automotive. Growing demand for enhanced situational awareness and surveillance capabilities in low light and dark environments has increased the demand for night vision devices, contributing to the growth of the image enhancement market. Growing Adoption of Digital Image Enhancers: Digital image enhancers have gained significant traction in recent years. Unlike traditional analog image intensifiers, digital image intensifiers offer several advantages, such as higher resolution, wider dynamic range, and a digital output for easy integration with other imaging systems. For More info- https://www.persistencemarketresearch.com/market-research/image-intensifier-market.asp

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The global internet of packaging market size was valued at USD 18.50 billion in 2022. The market is projected to grow from USD 19.34 billion in 2023 to USD 27.76 billion by 2030, exhibiting a CAGR of 5.3% during the forecast period. Internet of packaging, also known as intelligent packaging, is a method used to trace, interact, monitor, and manage the safety and quality of products. Reducing human errors, eliminating costs, maintaining quality, and preventing diseases due to rotten food are the major factors for which this packaging method was specifically designed and used. Fortune Business Insights presents this information in their report titled “Global Internet of Packaging Market, 2023-2030.” Information Source- https://www.fortunebusinessinsights.com/internet-of-packaging-market-107258 Segments: Boxes & Cartons is the Dominating Segment Due to its High Utilization in Product Packaging Based on packaging type, the market is divided into boxes & cartons, bottles & jars, films & wraps, mailers, bags, tubes, pouches, blisters, and others. The boxes & cartons segment dominates the market. These are mostly preferred for packaging a variety of products. Various functions offered such as tracing, recording, easy sensing, and providing vital information on the product’s current state make it a preferred option for consumers. Barcode and QR Code Segment Dominates the Market Based on technology, the market is segmented into barcode & QR codes, sensors & tags, radio frequency identification, near-field communications, and indicators. Barcode & QR code segment is growing steadily. QR codes for smart packaging provide convenience for consumers while interacting with their brand of choice Growing Consumer Needs to Result in Significant Growth of the Food & Beverages Segment Based on end-user, the market is segmented into food & beverages, healthcare, personal care & cosmetics, homecare, consumer electronics, logistics & transport, apparel & accessories, sports & retail, and others. Increasing demand from consumers for high-quality and safe food products rises the requirement for the internet of packaging. Report Coverage: The report offers: Major growth drivers, restraining factors, opportunities, and potential challenges for the market. Comprehensive insights into the regional developments. List of major industry players. Key strategies adopted by the market players. The latest industry developments include product launches, partnerships, mergers, and acquisitions. Drivers & Restraints: Increasing Investments in R&D Packaging to Boost Market Growth The products' various functions such as recording, detecting, applying scientific logic, and tracking real-time data, provide significant consumer marketing solutions. Growing investment in research and development for advanced packaging will expand the global internet of packaging market share. Increasing demand for multi-specialty wrapping which can retain the freshness and quality of the product along with maintaining its nutritional and health value to drive market growth. Consumer preference shifting toward comfort food is anticipated to push the internet of the packaging market forward during the forecast period. However, the high cost of hardware, software, and training expenditures for the internet of packaging is likely to hamper the market growth. Regional Insights Asia Pacific to See Substantial Growth due to Changing Lifestyles Asia Pacific is anticipated to witness significant internet of packaging market growth during the forecast period. The growth can be attributed to increasing demand for frozen and packaged products and changing lifestyles. The product's feature of improved product traceability is preferred by consumers. Latin America is to experience steady growth due to changing behavior in product purchasing, lifestyle, and rising demand for connected packaging solutions. Competitive Landscape Major Players to Maintain Dominance by Launching Advanced Product The global market is fiercely competitive. A small number of major corporations control huge market shares by offering enhanced packaging. These corporations are focused on enhancing their products to meet the requirements of consumers and grow their consumer base throughout the globe. Key Industry Development: April 2021: Stora Enso announced the expansion of the sustainable ECO RFID product family with a tag collection. The ECO RFID collection is specifically designed for food & beverage items for item-level tagging and tracking of ready-made meals. It is gaining popularity as the first paper tag in the world for microwave-safe use, ECO meal. List of Key Players Profiled in the Report: Wiliot (Israel) Tetra Pak (Switzerland) Scanbuy Inc. (U.S.) Kezzler (Norway) Identiv Inc. (U.S.) Tapwow (U.S.) Sepio Products (India) CuePath Innovation Designs (Canada) Insignia Technologies (U.K.) RePack (Finland) ImpaX.io (Israel) Qtrust (U.K.) Iungo (Brazil)

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