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Global Magneto Resistive RAM (MRAM) Market to Reach $17.5 Billion by 2030

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New York, May 25, 2023 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Magneto Resistive RAM (MRAM) Industry” – https://www.reportlinker.com/p05820699/?utm_source=GNW
Enterprise Storage, one of the segments analyzed in the report, is projected to record a 39.3% CAGR and reach US$6.7 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Consumer Electronics segment is readjusted to a revised 35.5% CAGR for the next 8-year period.

The U.S. Market is Estimated at $537.5 Million, While China is Forecast to Grow at 45.2% CAGR

The Magneto Resistive RAM (MRAM) market in the U.S. is estimated at US$537.5 Million in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$6.5 Billion by the year 2030 trailing a CAGR of 45.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 27.5% and 30.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 34% CAGR.

Select Competitors (Total 25 Featured)
– IBM Corporation
– Honeywell International, Inc.
– Infineon Technologies AG
– Canon, Inc.
– Applied Materials, Inc.
– imec international
– Everspin Technologies Inc.
– Canon ANELVA Corporation
– Avalanche Technology
– Crocus Nanoelectronics
– Cobham Advanced Electronic Solutions, Inc.
– HFC Semiconductor Coporation
– Inston, Inc.
– Fraunhofer Institute for Photonic Microsystems IPMS Center Nanoelectronic Technologies (CNT)
– Industrial Technology Research Institute (ITRI)

Read the full report: https://www.reportlinker.com/p05820699/?utm_source=GNW

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
An Introduction to Magneto Resistive RAM (MRAM)
Operation of MRAM
Structure and Fabrication of MRAM
Critical Characteristics of MRAM
Types of MRAM
Pandemic Impact and Global Economic Update
From Pandemic to War & Inflation: ?Gloomy Outlook for 2023
Despite Signs of Easing Inflationary Conditions?
Here?s How Inflationary Pressures Affect the Economy
Russia-Ukraine War, the Primary Culprit Responsible for the
Hardships
Although Past Peak in 2023, Efforts to Solve the Inflation
Puzzle Should Continue
Here?s What?s Causing Inflationary Pressures in the Global Market
Shaken by the War, Global Oil Prices Spiral and Feed
Inflationary Pressures, Guiding the World Towards a Cost of
Living Crisis: Global Average Annual Brent Crude Oil Price
(In US$ Per Barrel) for Years 2017 through 2024
War-Induced Commodity Price Increases & Broad Based Price
Pressures Mark the Return of Global Inflation to the Highest
Level Seen Since 1996: Global Inflation Rates (In %) for the
Years 2019 Through 2024
Although Facing a Lower Recession Risk, Global Economic Growth
in 2023 to Slowdown Amid War, Inflation, Elevated Interest
Rates & Marginal Easing of Inflation: World Economic Growth
Projections (Real GDP, Annual % Change) for the Years 2020
Through 2024
Recession Triggered by Uncontrolled Inflation or Unemployment,
Which is the Greater Evil? Inflation Battling Policy Measures
to Slowdown Post Pandemic Recovery in Unemployment Rates:
Global Number of Unemployed People (In Million) for Years
2019 Through 2024
How the IT Industry Has Been Impacted by the Pandemic?
Global Information Technology Market Growth Outlook (In %) For
Years 2019 Through 2025
Semiconductor Industry Experiences Disruptions
Evolving Capabilities Present MRAM as a Promising Memory
Technology of the Future
Enterprise Storage: The Leading Application Market
Developed Economies Lead, Developing Economies Poised for High
Growth
Competition
Magneto Resistive RAM (MRAM) – Global Key Competitors
Percentage Market Share in 2023 (E)
Competitive Market Presence – Strong/Active/Niche/Trivial for
Players Worldwide in 2023 (E)
Recent Market Activity

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS
Emergence of Next Generation Memory Technologies to Support
Growth of MRAM Market
Global Non-Volatile Memory Market Size (in US$ Billion) for the
Years 2022, 2024, 2026 and 2028
MRAM Memory: From Storage to Data Processing
MRAM Set to Emerge as Persistent Memory for Numerous Applications
Low-Power Consumption Benefit of MRAM
MRAM: Looming Memory Technology Bonanza with Vibrant Options &
Applications
STT-MRAM: Promising Alternative to SRAM Cache Memory
SOT-MRAM: Combining Speed, Reliability & Energy Efficiency
VCMA-MRAM: Reducing Energy Consumption
VG-SOT: A Power-Packed Performance
Analog In-Memory Computing with SOT-MRAM
MRAM Moves into Embedded Space
Increasing Competitiveness of Embedded MRAM (eMRAM) with Other
Memory Technologies: Price in $/Gb by Memory Type for the
Years 2018, 2022, and 2026
eMRAM Holds an Edge Over Other Memory Technologies: Comparing
Power, Performance, Area, and Availability of SRAM, eMRAM,
eFLASH, PCM, RRAM, and FeFET
eMRAM Innovations Enabling Low Power SoCs for Advanced Process
Nodes
The Many Benefits of eMRAM
How Embedded MRAMs Can Play a Key Role in Designing of Future
Advanced-Node SoCs
Second Generation STT-MRAM to Grab Growing Share of MRAM Market
STT-MRAM Finally Comes to Market Replacing Embedded NOR Flash
STT-RAM to Emerge as a Potential Leading Memory Type in the
Embedded Emerging NVM Market
Emerging Non-Volatile Memory (NVM) Market: Percentage Breakdown
of Revenues in Standalone and Embedded Memory Segments by
RRAM, STT-MRAM and PCM
Monitoring Critical Process Steps for STT-MRAM Integration in
Advanced CMOS Technologies
Challenges Confronting Fabrication and Testing of STT-RAM
Potential for MRAM to Replace SRAM and DRAM
Spin-Orbit Torque (SOT)-MRAM – The Latest Generation MRAM
Growing Memory Requirements of Data Centers to Propel MRAM Market
Data Centers Continue to Gain Importance, Presenting
Opportunities for MRAM Market
Global Data Centers Market (in US$ Billion) for the Years 2020,
2022, 2024 and 2026
Data Center IP Traffic Growth: Global Data Center IP Traffic in
Zettabytes for the Years 2016, 2018, 2020 & 2022
Power, Cost, and Time Saving Advantages of STT-MRAM to Drive
Adoption in Hyperscale Data Centers
Number of Hyperscale Data Centers Worldwide (in Units) for the
Period 2015-2021
Rising Computing Needs of Consumer Electronic Devices:
Opportunity for MRAM Market
Global Electrical & Electronics Equipment Market Growth Outlook
(In %) For Years 2019 Through 2025
IoT Trends to Propel Demand for MRAM
Embedded MRAM Emerges as a Promising Technology for IoT
Devices, Artificial Intelligence and Machine Learning
MRAM Opportunity in IoT Space: Global M2M/IoT Connections (In
Billion) for Years 2019, 2021 and 2023
Rapidly Growing AI/ML Market Presents Growth Opportunities for
MRAM Adoption: Global Deep Learning Chipset Market Revenues in
US$ Billion for the Years 2019, 2022, and 2025
Growing Need for Energy-Efficient Storage Solutions Gives
Impetus to MRAM Market
Installed Base of Data Storage Capacity (in Zettabytes) for
2019, 2020, and 2024
MRAM Emerges as a Possible Option for Post-Flash Solid-State
Storage
MRAM Evolves as the Next Stage for Solid State Storage
Toggle MRAM Preps for 5G Revolution
Edge Computing to Drive Demand for MRAM
Quad MTJ with STT-MRAM Technology to Enable Advanced Edge
Devices for Emerging Applications
MRAM Improving Edge Computing Efficiency
Rising Use of MRAM in Automotive Industry
MRAM Emerges as a Memory Solution for Intelligent and Connected
Automobiles
Need for Radiation-Hardened ICs Hold Potential for MRAM in
Satellites and Spacecrafts
High-Capacity, Fast & High-Endurance MRAM to Shift Boundaries
of Space Applications
Why MRAM is a Promising Bet for Space Applications?
High Resistance to Radiation Makes STT-MRAM Perfect for Space
Applications
Avalanche Technology Develops New High Density Space-grade
MRAMs in Partnership with Protec GmbH for the European Space
Community
Advancements in MRAM Augurs Well for the Market
Samsung’s MRAM-Based-in-Memory Computing
Energy Efficient MRAM Developed by a South Korean Research Team
Tohoku University Research Team Develops High Speed SOT Magneto
Resistive RAM
Researchers at NTHU Manipulates MRAM by Working with the
Electron Spin
IBM Developing STT-MRAM Technology
Research Focus on Using Antiferromagnets for MRAM Catches Pace
Advances in Spin-Transfer-Torque MRAM
Focus on Domain-Wall Devices
Select Startups Set to Scale up Computer Memory with Promising
MRAM Solutions
EU Companies: Potential Game Changers in the Global Memory
Business with their MRAM Inventions and Pilot Lines?
ReRAM Exudes Potential to Emerges as Next Wave of Memory
Technology
Testing Becomes Important for a Good MRAM Memory
Challenges Confronting Making and Testing of STT-MRAM

4. GLOBAL MARKET PERSPECTIVE
Table 1: World Magneto Resistive RAM (MRAM) Market Analysis of
Annual Sales in US$ Thousand for Years 2022 through 2030

Table 2: World Recent Past, Current & Future Analysis for
Magneto Resistive RAM (MRAM) by Geographic Region – USA,
Canada, Japan, China, Europe, Asia-Pacific and Rest of World
Markets – Independent Analysis of Annual Revenues in US$
Thousand for Years 2022 through 2030 and % CAGR

Table 3: World 8-Year Perspective for Magneto Resistive RAM
(MRAM) by Geographic Region – Percentage Breakdown of Value
Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific
and Rest of World Markets for Years 2023 & 2030

Table 4: World Recent Past, Current & Future Analysis for
Enterprise Storage by Geographic Region – USA, Canada, Japan,
China, Europe, Asia-Pacific and Rest of World Markets –
Independent Analysis of Annual Revenues in US$ Thousand for
Years 2022 through 2030 and % CAGR

Table 5: World 8-Year Perspective for Enterprise Storage by
Geographic Region – Percentage Breakdown of Value Revenues for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2023 & 2030

Table 6: World Recent Past, Current & Future Analysis for
Consumer Electronics by Geographic Region – USA, Canada, Japan,
China, Europe, Asia-Pacific and Rest of World Markets –
Independent Analysis of Annual Revenues in US$ Thousand for
Years 2022 through 2030 and % CAGR

Table 7: World 8-Year Perspective for Consumer Electronics by
Geographic Region – Percentage Breakdown of Value Revenues for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2023 & 2030

Table 8: World Recent Past, Current & Future Analysis for
Robotics by Geographic Region – USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets – Independent
Analysis of Annual Revenues in US$ Thousand for Years 2022
through 2030 and % CAGR

Table 9: World 8-Year Perspective for Robotics by Geographic
Region – Percentage Breakdown of Value Revenues for USA,
Canada, Japan, China, Europe, Asia-Pacific and Rest of World
for Years 2023 & 2030

Table 10: World Recent Past, Current & Future Analysis for
Automotive by Geographic Region – USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets – Independent
Analysis of Annual Revenues in US$ Thousand for Years 2022
through 2030 and % CAGR

Table 11: World 8-Year Perspective for Automotive by Geographic
Region – Percentage Breakdown of Value Revenues for USA,
Canada, Japan, China, Europe, Asia-Pacific and Rest of World
for Years 2023 & 2030

Table 12: World Recent Past, Current & Future Analysis for
Aerospace & Defense by Geographic Region – USA, Canada, Japan,
China, Europe, Asia-Pacific and Rest of World Markets –
Independent Analysis of Annual Revenues in US$ Thousand for
Years 2022 through 2030 and % CAGR

Table 13: World 8-Year Perspective for Aerospace & Defense by
Geographic Region – Percentage Breakdown of Value Revenues for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2023 & 2030

Table 14: World Recent Past, Current & Future Analysis for
Other Applications by Geographic Region – USA, Canada, Japan,
China, Europe, Asia-Pacific and Rest of World Markets –
Independent Analysis of Annual Revenues in US$ Thousand for
Years 2022 through 2030 and % CAGR

Table 15: World 8-Year Perspective for Other Applications by
Geographic Region – Percentage Breakdown of Value Revenues for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2023 & 2030

III. MARKET ANALYSIS

UNITED STATES
Magneto Resistive RAM (MRAM) Market Presence – Strong/Active/
Niche/Trivial – Key Competitors in the United States for 2023
(E)
Table 16: USA Recent Past, Current & Future Analysis for
Magneto Resistive RAM (MRAM) by Application – Enterprise
Storage, Consumer Electronics, Robotics, Automotive, Aerospace &
Defense and Other Applications – Independent Analysis of
Annual Revenues in US$ Thousand for the Years 2022 through 2030
and % CAGR

Table 17: USA 8-Year Perspective for Magneto Resistive RAM
(MRAM) by Application – Percentage Breakdown of Value Revenues
for Enterprise Storage, Consumer Electronics, Robotics,
Automotive, Aerospace & Defense and Other Applications for the
Years 2023 & 2030

CANADA
Table 18: Canada Recent Past, Current & Future Analysis for
Magneto Resistive RAM (MRAM) by Application – Enterprise
Storage, Consumer Electronics, Robotics, Automotive, Aerospace &
Defense and Other Applications – Independent Analysis of
Annual Revenues in US$ Thousand for the Years 2022 through 2030
and % CAGR

Table 19: Canada 8-Year Perspective for Magneto Resistive RAM
(MRAM) by Application – Percentage Breakdown of Value Revenues
for Enterprise Storage, Consumer Electronics, Robotics,
Automotive, Aerospace & Defense and Other Applications for the
Years 2023 & 2030

JAPAN
Magneto Resistive RAM (MRAM) Market Presence – Strong/Active/
Niche/Trivial – Key Competitors in Japan for 2023 (E)
Table 20: Japan Recent Past, Current & Future Analysis for
Magneto Resistive RAM (MRAM) by Application – Enterprise
Storage, Consumer Electronics, Robotics, Automotive, Aerospace &
Defense and Other Applications – Independent Analysis of
Annual Revenues in US$ Thousand for the Years 2022 through 2030
and % CAGR

Table 21: Japan 8-Year Perspective for Magneto Resistive RAM
(MRAM) by Application – Percentage Breakdown of Value Revenues
for Enterprise Storage, Consumer Electronics, Robotics,
Automotive, Aerospace & Defense and Other Applications for the
Years 2023 & 2030

CHINA
Magneto Resistive RAM (MRAM) Market Presence – Strong/Active/
Niche/Trivial – Key Competitors in China for 2023 (E)
Table 22: China Recent Past, Current & Future Analysis for
Magneto Resistive RAM (MRAM) by Application – Enterprise
Storage, Consumer Electronics, Robotics, Automotive, Aerospace &
Defense and Other Applications – Independent Analysis of
Annual Revenues in US$ Thousand for the Years 2022 through 2030
and % CAGR

Table 23: China 8-Year Perspective for Magneto Resistive RAM
(MRAM) by Application – Percentage Breakdown of Value Revenues
for Enterprise Storage, Consumer Electronics, Robotics,
Automotive, Aerospace & Defense and Other Applications for the
Years 2023 & 2030

EUROPE
Magneto Resistive RAM (MRAM) Market Presence – Strong/Active/
Niche/Trivial – Key Competitors in Europe for 2023 (E)
Table 24: Europe Recent Past, Current & Future Analysis for
Magneto Resistive RAM (MRAM) by Geographic Region – France,
Germany, Italy, UK and Rest of Europe Markets – Independent
Analysis of Annual Revenues in US$ Thousand for Years 2022
through 2030 and % CAGR

Table 25: Europe 8-Year Perspective for Magneto Resistive RAM
(MRAM) by Geographic Region – Percentage Breakdown of Value
Revenues for France, Germany, Italy, UK and Rest of Europe
Markets for Years 2023 & 2030

Table 26: Europe Recent Past, Current & Future Analysis for
Magneto Resistive RAM (MRAM) by Application – Enterprise
Storage, Consumer Electronics, Robotics, Automotive, Aerospace &
Defense and Other Applications – Independent Analysis of
Annual Revenues in US$ Thousand for the Years 2022 through 2030
and % CAGR

Table 27: Europe 8-Year Perspective for Magneto Resistive RAM
(MRAM) by Application – Percentage Breakdown of Value Revenues
for Enterprise Storage, Consumer Electronics, Robotics,
Automotive, Aerospace & Defense and Other Applications for the
Years 2023 & 2030

FRANCE
Magneto Resistive RAM (MRAM) Market Presence – Strong/Active/
Niche/Trivial – Key Competitors in France for 2023 (E)
Table 28: France Recent Past, Current & Future Analysis for
Magneto Resistive RAM (MRAM) by Application – Enterprise
Storage, Consumer Electronics, Robotics, Automotive, Aerospace &
Defense and Other Applications – Independent Analysis of
Annual Revenues in US$ Thousand for the Years 2022 through 2030
and % CAGR

Table 29: France 8-Year Perspective for Magneto Resistive RAM
(MRAM) by Application – Percentage Breakdown of Value Revenues
for Enterprise Storage, Consumer Electronics, Robotics,
Automotive, Aerospace & Defense and Other Applications for the
Years 2023 & 2030

GERMANY
Magneto Resistive RAM (MRAM) Market Presence – Strong/Active/
Niche/Trivial – Key Competitors in Germany for 2023 (E)
Table 30: Germany Recent Past, Current & Future Analysis for
Magneto Resistive RAM (MRAM) by Application – Enterprise
Storage, Consumer Electronics, Robotics, Automotive, Aerospace &
Defense and Other Applications – Independent Analysis of
Annual Revenues in US$ Thousand for the Years 2022 through 2030
and % CAGR

Table 31: Germany 8-Year Perspective for Magneto Resistive RAM
(MRAM) by Application – Percentage Breakdown of Value Revenues
for Enterprise Storage, Consumer Electronics, Robotics,
Automotive, Aerospace & Defense and Other Applications for the
Years 2023 & 2030

ITALY
Table 32: Italy Recent Past, Current & Future Analysis for
Magneto Resistive RAM (MRAM) by Application – Enterprise
Storage, Consumer Electronics, Robotics, Automotive, Aerospace &
Defense and Other Applications – Independent Analysis of
Annual Revenues in US$ Thousand for the Years 2022 through 2030
and % CAGR

Table 33: Italy 8-Year Perspective for Magneto Resistive RAM
(MRAM) by Application – Percentage Breakdown of Value Revenues
for Enterprise Storage, Consumer Electronics, Robotics,
Automotive, Aerospace & Defense and Other Applications for the
Years 2023 & 2030

UNITED KINGDOM
Magneto Resistive RAM (MRAM) Market Presence – Strong/Active/
Niche/Trivial – Key Competitors in the United Kingdom for 2023
(E)
Table 34: UK Recent Past, Current & Future Analysis for Magneto
Resistive RAM (MRAM) by Application – Enterprise Storage,
Consumer Electronics, Robotics, Automotive, Aerospace & Defense
and Other Applications – Independent Analysis of Annual
Revenues in US$ Thousand for the Years 2022 through 2030 and %
CAGR

Table 35: UK 8-Year Perspective for Magneto Resistive RAM
(MRAM) by Application – Percentage Breakdown of Value Revenues
for Enterprise Storage, Consumer Electronics, Robotics,
Automotive, Aerospace & Defense and Other Applications for the
Years 2023 & 2030

REST OF EUROPE
Table 36: Rest of Europe Recent Past, Current & Future Analysis
for Magneto Resistive RAM (MRAM) by Application – Enterprise
Storage, Consumer Electronics, Robotics, Automotive, Aerospace &
Defense and Other Applications – Independent Analysis of
Annual Revenues in US$ Thousand for the Years 2022 through 2030
and % CAGR

Table 37: Rest of Europe 8-Year Perspective for Magneto
Resistive RAM (MRAM) by Application – Percentage Breakdown of
Value Revenues for Enterprise Storage, Consumer Electronics,
Robotics, Automotive, Aerospace & Defense and Other
Applications for the Years 2023 & 2030

ASIA-PACIFIC
Magneto Resistive RAM (MRAM) Market Presence – Strong/Active/
Niche/Trivial – Key Competitors in Asia-Pacific for 2023 (E)
Table 38: Asia-Pacific Recent Past, Current & Future Analysis
for Magneto Resistive RAM (MRAM) by Application – Enterprise
Storage, Consumer Electronics, Robotics, Automotive, Aerospace &
Defense and Other Applications – Independent Analysis of
Annual Revenues in US$ Thousand for the Years 2022 through 2030
and % CAGR

Table 39: Asia-Pacific 8-Year Perspective for Magneto Resistive
RAM (MRAM) by Application – Percentage Breakdown of Value
Revenues for Enterprise Storage, Consumer Electronics,
Robotics, Automotive, Aerospace & Defense and Other
Applications for the Years 2023 & 2030

REST OF WORLD
Table 40: Rest of World Recent Past, Current & Future Analysis
for Magneto Resistive RAM (MRAM) by Application – Enterprise
Storage, Consumer Electronics, Robotics, Automotive, Aerospace &
Defense and Other Applications – Independent Analysis of
Annual Revenues in US$ Thousand for the Years 2022 through 2030
and % CAGR

Table 41: Rest of World 8-Year Perspective for Magneto
Resistive RAM (MRAM) by Application – Percentage Breakdown of
Value Revenues for Enterprise Storage, Consumer Electronics,
Robotics, Automotive, Aerospace & Defense and Other
Applications for the Years 2023 & 2030

IV. COMPETITION
Read the full report: https://www.reportlinker.com/p05820699/?utm_source=GNW

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Global Methane Hub Announces the Enteric Fermentation Research & Development Accelerator, a $200M Agricultural Methane Mitigation Funding Initiative

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The Largest-Ever Globally Coordinated Funding Investment in Livestock Methane Mitigation Research Announced at the COP28 Business & Philanthropy Climate Forum
The public, private and philanthropic partnership includes Bezos Earth Fund, Quadrature Climate Fund, Gerstner Philanthropies, High Tide Foundation, Bill & Melinda Gates Foundation, The Zegar Family Foundation, Danone and more
DUBAI, UAE, Dec. 2, 2023 /PRNewswire/ — Today, at COP28, the Global Methane Hub (GMH) announced a more than $200 million funding initiative between public, private and philanthropic partners including the Bezos Earth Fund, Quadrature Climate Fund, Gerstner Philanthropies, High Tide Foundation, Bill & Melinda Gates Foundation, The Zegar Family Foundation, Danone, the Governments of Ireland, New Zealand and the United States, for research and development (R&D) technologies to meaningfully address and reduce methane emissions from livestock. 

The Enteric Fermentation R&D Accelerator, or Accelerator, is the largest-ever, globally coordinated investment of breakthrough research tackling livestock methane emissions. The Global Methane Hub announced the intention to establish the Accelerator at COP27 as an AIM for Climate Innovation Sprint. The Accelerator will unite funders, guided by a science oversight committee, to invest in a globally coordinated research plan. This strategy aims to address gaps in current research and enhance existing efforts. The strategy includes work on exploring new and alternate livestock feed additives, tools to breed low-methane livestock, immunological studies for a methane vaccine, understanding the organisms in the rumen and their functions, and lowering the costs of measurement, essential to generate evidence for regulatory approval and validation of mitigation technologies.
About 40% of the world’s methane emissions come from agriculture, and 70% of that is due to enteric fermentation. This process happens in cows’ digestive systems when sugars are broken down into methane and released through belching. Unfortunately, current research on enteric fermentation is not extensive or coordinated enough to provide efficient and transformative solutions to significantly benefit farmers.
This is the latest milestone to mark the impact GMH is having on global methane reduction efforts since its founding in December 2021.
“The Accelerator is a prime example of the role philanthropy can play in driving substantive climate action and strategically aligning the key players working to solve the most pressing issue of our time,” said Hayden Montgomery, Agriculture Program Director at the Global Methane Hub. “With this effort to synchronize and consolidate public-good research on enteric methane, we aim to make multiple solutions to reduce enteric methane available quickly and provide proof of the efficacy of livestock mitigation technologies.”
“We know that cattle are responsible for most agricultural methane emissions. Promising technological and scientific solutions exist, but for too long, monetary and regulatory barriers have slowed progress and prevented critical research,” said Andy Jarvis, Director of Future of Food at the Bezos Earth Fund. “The Global Methane Hub’s Enteric Methane R&D Accelerator stands to change all of this, unlocking the resources needed to discover and develop low-cost solutions that will dramatically reduce methane emissions from livestock by 2030.”
“Through the Accelerator, we are poised to make a significant impact in driving innovation towards solutions to reduce enteric methane globally,” said Richard Lawrence, director and co-founder of High Tide Foundation. “I would like to thank Danone for stepping up as the first corporation committed to the Accelerator and I encourage others to do the same.”
“As a dairy company, curbing methane emissions is the fastest and most impactful way to slow down global warming,” said Olivier Verdelet, Vice-President Agriculture Cycle at Danone. “To do so, collaboration will be instrumental as we seek for new solutions, speed and sizable impacts. We are eager to collaborate with the Global Methane Hub and other partners to accelerate and test scalable innovations in the field. We believe this will help us build a sustainable, future-fit dairy category that is at the core of our mission to bring health through food to as many people as possible.”
Agricultural methane is projected to increase 40% by 2050. We would have to reduce emissions by 50% in order to meet the accords of the Paris Agreement to keep the global temperature rise to a maximum of 1.5 degrees Celsius. Reducing methane emissions from all sectors, including agriculture, is the fastest way to mitigate climate change.
Logo – https://mma.prnewswire.com/media/2291046/Global_Methane_Hub_Logo.jpg
 

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Digital Printing for Tableware Market worth $452 million by 2029 – Exclusive Report by MarketsandMarkets™

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CHICAGO, Dec. 1, 2023 /PRNewswire/ — The Digital Printing for Tableware market is projected to reach USD 452 million by 2029 from USD 326 million in 2024; it is expected to grow at a CAGR of 6.8% from 2024 to 2029 according to a new report by MarketsandMarkets™. Heightened interest in sustainable printing practices, escalating needs within the foodservice sector, swift advancements in digital printing technology, and the accelerated prototyping and assessment of novel designs within the tableware industry are poised to propel the expansion of the Digital Printing for Tableware market.

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Browse in-depth TOC on “Digital Printing for Tableware Market” 
140 – Tables60 – Figures240 – Pages
Digital Printing for Tableware Market Report Scope:
Report Coverage
Details
Market Revenue in 2024
$ 326 million
Estimated Value by 2029
$ 452 million
Growth Rate
Poised to grow at a CAGR of 6.8%
Market Size Available for
2020–2029
Forecast Period
2024–2029
Forecast Units
Value (USD Million/Billion)
Report Coverage
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered
By Application, Ink type and Region
Geographies Covered
North America, Europe, Asia Pacific, and Rest of World
Key Market Challenge
Compatibility with limited materials
Key Market Opportunities
Increasing demand from the in-plant market
Key Market Drivers
Rapid technological advancements in digital printers
 
This market exhibits a promising growth trajectory, buoyed by prospects like escalating demand from the in-plant market, substantial investment in digital printing-centric research and development endeavors, and the consequent decrease in per-unit printing costs facilitated by digital printers.
The Ceramic and porcelain application segment is expected to hold the largest market share of the digital printing for tableware market during the forecast period.
In 2023, the Ceramic and porcelain segment held the largest market share, and this pattern is expected to persist in the forecast period. Cutting edge ceramic digital printing technology for the tableware industry is expected to revolutionize the tableware industry during the forecast period. While digital printing for porcelain tableware combines precision and versatility allowing intricate designs to enable growth of the market. Digital printing for ceramic and porcelain tableware products involves the use of advanced printing technology to apply intricate and high-quality designs directly onto ceramic and porcelain surfaces. This modern printing method has become increasingly popular in the tableware industry due to its ability to offer customization, detailed graphics, and efficient production processes.
The UV Ink segment is expected to hold the largest market share of the digital printing for tableware market during the forecast period.
The use of UV ink in digital printing for the tableware industry is driven by its unique properties and advantages that cater to the specific requirements of decorating and customizing various tableware items, such as ceramics and porcelain. It offers rapid curing, color vibrancy, versatility in design, customization capabilities, durability, efficiency in production, and reduction in waste. Because of such advantages over other inks like ceramic ink, and solvent based ink, the UV ink type is expected to hold the largest market share.
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The North American region is expected to hold the largest market share during the forecast period.
During the forecast period, North America region is poised to experience the most significant growth in the digital printing for tableware market. The surge in consumer appetite for personalized tableware due to digital printing capabilities to deliver unique designs is expected to drive the market growth in the North American region. Also, presence of major companies such as Electronics for Imaging, Inc., Inkcups Now, Boston Industrial Solutions, Inc., and INX International Ink Co., in the North American region enables research and development activities in digital printing technologies benefitting the tableware industry owing to increase in the demand for customization of tableware products across the region.
Key Players Market
SACMI (Italy), Electronics for Imaging, Inc. (US), Inkcups Now (US), Mimaki Engineering Co., ltd. (Japan), Boston Industrial Solutions, Inc. (US), PROJECTA ENGINEERING S.R.L. (Italy), Engineered Printing Solutions (US), INX International Ink Co. (US), KERAjet (Spain), and Dip-Tech Digital Printing Technologies Ltd. (Israel) are key players in the digital printing for tableware companies.
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Browse Adjacent Market: Semiconductor and Electronics Market Research Reports &Consulting
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Digital Printing Market Size, Share & Industry Growth Analysis Report by Ink (UV-cured, Aqueous, Solvent, Latex, and Dye Sublimation), Printheads (Inkjet and Laser), Substrate (Plastic Film or Foil, Release Liner, Glass, Textile, Paper, Ceramic), and Geography – Global Growth Driver and Industry Forecast to 2026
Digital Textile Printing Market by Printing Process (Roll to Roll, DTG), Ink Type (Sublimation, Pigment, Reactive, Acid), Application (Textile & Decor, Industrial, Soft Signage, Direct to Garment), and Geography – Global Forecast to 2023
Large Format Printer Market by Offering, Connectivity, Printing Material (Porous, Non-porous), Technology (Ink-based, Toner-based), Print Width, Ink Type, Application (Apparel & Textile, Signage & Advertising, Decor) and Region – Forecast to 2028
Production Printer Market by Type (Monochrome, Color), Technology (Inkjet, Toner), Production Method (Cut Sheet, Continuous Feed, Sheet Fed, and Web Based), Application and Geography – Global Trends & Forecast to 2022
3D Printing Market Size, Share & Industry Growth Analysis Report by Offering (Printer, Material, Software, Service), Process (Binder Jetting, Direct Energy Deposition, Material Extrusion, Material Jetting, Powder Bed Fusion), Application, Vertical, Technology and Region – Global Growth Driver and Industry Forecast to 2028
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Syntax Unveils Expanded CxLink Backup Solution at AWS re:Invent 2023

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Leading global solutions provider showcases new product support for Oracle cloud backup and recovery operations and achieves AWS Level 1 MSSP Competency
MONTREAL, Dec. 1, 2023 /PRNewswire/ — Syntax Systems, a leading global technology solutions and services provider for cloud application implementation and management, announced Syntax CxLink Backup solution for Oracle databases at AWS re:Invent 2023. This is a strategic enhancement to its suite of solutions that now supports the Oracle Recovery Manager (RMAN). CxLink Backup addresses a critical need for enterprise customers running Oracle databases, including SAP customers, as Oracle Database underpins more than 60% of SAP ERP Central Component customer implementations and RMAN integration options are limited.

Enterprise teams managing multiple clouds and stores of data, each with their own routine for proper storage, now have access to a cutting-edge tool to simplify backup and recovery processes as well as disaster recovery strategies. With CxLink Backup, customers now have access to several impactful functions that Oracle Recovery Manager fulfills:
Spares users the complexity of managing backup file details because it’s a module that streamlines and automates backup and recovery.Supports various backup types like full, incremental, differential, and image copies.Enhances backup efficiency and minimizes size with features like compression, parallel processing, and multisection.Ensures data security and reliability through validation, encryption, and cataloging of backups, as well as the ability to rectify corruption or errors.Offers flexible data restoration, including options like flashback, point-in-time recovery, and incomplete recovery, which allows recovery to any specific moment.”In today’s fast-paced digital world, backups are critical for enterprise applications,” said Ricardo Casanovas Ortega, VP of Product Innovation at Syntax. “Many enterprise teams are managing these processes from disparate sources and tools. Our latest features for CxLink Backup, unify and automate recovery processes, giving users a powerful tool that enhances reliability while minimizing complexity.”
In addition to revealing new capabilities in its CxLink solution, Syntax also announced its achievement of the Amazon Web Services (AWS) Level 1 Managed Security Service Provider (MSSP) Competency and renewed its status in the AWS Managed Service Provider (MSP) Partner Program. These designations recognize and validate leading AWS Partner Network (APN) members that provide full lifecycle solutions to customers and who have met AWS’s requirements for a baseline of managed security services to protect and monitor essential AWS resources 24/7, known as Level 1 Managed Security Services.
“Syntax is very proud to now be part of the elite AWS Partners who have achieved the AWS Level 1 MSSP Competency,” said Christian Primeau, Global CEO of Syntax. “Our strategy is 3-pronged: operate-to-protect, monitor-to-respond and built-to-recover. We are focused on ensuring the integrity of applications running on AWS and the data they store and process. Achieving this AWS Competency designation is recognition of the work the Syntax team delivers and our growing relationship with AWS, which adds value across our entire portfolio.”
The Syntax portfolio offers a wide range of AWS solutions as an AWS Premier Tier Services Partner. Syntax previously achieved the AWS SAP Competency, AWS Oracle Competency, and AWS Migration Competency, and AWS MSP Partner designations and is a member of the AWS Well-Architected Partner Program.
About Syntax Syntax provides comprehensive technology solutions and trusted professional, advisory, and application management services to power businesses’ mission-critical applications in the cloud. With 50 years of experience and 800+ customers around the world, Syntax has deep expertise in implementing and managing multi-ERP deployments in secure private, public, hybrid, or multi-cloud environments. Syntax partners with SAP, Oracle, JD Edwards, AWS, Microsoft, and other global technology leaders to ensure customers’ applications are seamless, secure, and at the forefront of enterprise technology innovation. Learn more about Syntax at www.syntax.com.
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