Monday, May 31, 2021

Next-Generation Data Storage Market Challenges, Opportunities, Trends And Top Key Players till 2025

June 01, 2021: The global Next-Generation Data Storage Market size was projected at US$ 53.1 billion in 2018. It is expected to reach US$ 118.22 billion by 2025 with a CAGR of 12.5% during the forecast period. This could be attributed to the ever-increasing digitization and globalization. The basic advantage of next-generation data storage is that it makes way for reliable, quicker, scalable, secure, and cost-effective way of storing data. The sectors witnessing next-generation data storage at the moment include data centers, automotive, and IT. The factor catalyzing the market is the fact that information growing by leaps and bounds does require space for storage as well as maintenance.

Market Segmentation:

The next-generation data storage market is segmented based on type, architecture, storage technology, application, and geography. By type, the market spans SAN (Storage Area Network), NAS (Network Attached Storage), DAS (Direct Attached Storage), and others. By architecture, it says object-based, block storage, file-based, and others. By storage technology, the segmentation goes like All-flash array, hybrid flash array, magnetic tape, and hard disk drive. By application, it constitutes retail, manufacturing, media & entertainment, healthcare, BFSI, government, telecom & IT, and others.

By geography, the next-generation data storage industry is segmented into North America (U.S., Canada), Europe (Spain, Italy, France, Germany, and UK), Asia Pacific (Japan, China, ANZ (Australia & New Zealand)), South Korea, and India), LATAM (Mexico, Brazil), and MEA (Saudi Arabia, South Africa, and Israel). North America rules the market due to immediate adoption of the latest technology by the U.S. Europe comes in second; followed by Asia Pacific, which is a promising market for next-generation data storage; especially after initiatives like “Digital India” coupled with availability of wearable devices, smartphones, and low-cost tablets.

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The players contributing to the next-generation data storage market include Dell, Cloudian, Drobo, Fujitsu, Hitachi, HP, IBM, Inspur, Micron Technology, Netapp, Netgear, Nexenta Systems, Nutanix, Pure Storage, Quantum, Samsung, Scality, Tintri, Toshiba, and VMWare.


Market Segment:


Next-Generation Data Storage Technology Outlook (Revenue, USD Million, 2014 - 2025)

    • Magnetic Storage

    • SSD

    • Hybrid Flash Array


Next-Generation Data Storage Technique Outlook (Revenue, USD Million, 2014 - 2025)

    • Direct-Attached Storage

    • Network-Attached Storage

    • Storage Area Network

    • Others


Next-Generation Data Storage Type Outlook (Revenue, USD Million, 2014 - 2025)

    • Local (on-premise)

    • Remote (cloud)

    • Hybrid


Next-Generation Data Storage End User Outlook (Revenue, USD Million, 2014 - 2025)

    • Home

    • Business

        • BFSI

        • Retail

        • Healthcare

        • Government Bodies

        • Telecom Companies

        • Cloud Service Providers

        • Others


Next-Generation Data Storage Regional Outlook (Revenue, USD Million, 2014 - 2025)

    • North America

        • U.S.

        • Canada

        • Mexico

    • Europe

        • U.K.

        • Germany

        • France

    • Asia Pacific

        • China

        • Japan

        • India

        • Singapore

        • South Korea

    • South America

        • Brazil

    • Middle East & Africa


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Concentrated Solar Power Market Driving Factors, Size and Forecast Analysis Report till 2025

June 01, 2021: The scope of the global Concentrated Solar Power Market was appreciated at US$ 3.03 billion during 2016 and is expected to reach US$ 8.92 billion by the completion of 2025. It is expected to witness a CAGR of 12.7% during the forecast period due to the crunch of electricity together with lessening resources of non-conventional energy for the generation of electricity.

Drivers and Restraints:

Stringent rules by the governments to limit the growing carbon impression together with financial paybacks are expected to increase the acceptance of different sources of energy in the concentrated solar power market.

The request for thermal energy storage to upsurge the operation time of concentrated solar power is one of the most important factors motivating the development of market. These plants can merely generate power from sunrise to sunset. The technology of Thermal Energy Storage (TES) permits storage of the thermal energy composed during the daytime from these concentrated solar power plants, and it is used to generate power after the sunset. This increases the operative time span of the concentrated solar power plants. These plants are being fitted along with Thermal Energy Storage (TES) technology to upsurge the rating of capability factor. This is likely to deliver the most important improvement with regards to the acceptance of concentrated solar power as a principal basis for the generation of electricity.

But, the technology of concentrated solar power is funds demanding. This may perhaps show to be a limitation to its acceptance, if not reinforced by government organizations and controlling establishments. Growing alertness in industrialized areas of North America and Europe, along with emerging nations of Asia Pacific is expected to increase the development of the business.

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Classification:

The global concentrated solar power (CSP) market can be classified by Application, Technology, Capacity, Storage, and Region. By Application, it can be classified as Desalination, Utilities, Superior Oil Regaining, and others. By Technology it can be classified as Power Tower, Linear Fresnel, Dish, and Parabolic Trough. By Capacity, it can be classified as >100 MW, >50 to ≤100 MW, ≤50 MW. By Storage, it can be classified as Without Storage, With Storage.

Regional Lookout:

By Region the global concentrated solar power industry can be classified as North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa. Europe ruled the global market for concentrated solar power, by way of more than 45% set up capacity of the world. Spain possesses the extreme aggregate set up capacity with above 2300 MW since 2015. Owing to the significant investments made for evolving the technology, it was almost ruling the international situation.

North America was the subsequent biggest market during 2016 and is estimated to exceed above US$ 452.7 million in income in the global market. On the other hand, uncertain percentage of acceptance in Canada due to unfavorable climatic circumstances will limit the development of the market. Conversely, Central & South American regions are creating new-fangled steps in the implementation of this technology as a consequence of the appropriate climate situations prevalent in these nations. In the world, Morocco is amongst the best adopters of concentrated solar power.

China had directed the market in Asia Pacific. It was appreciated at US$ 608.9 million in 2016 and is forecasted to observe the maximum improvements by the completion of 2025. Asia Pacific is confronted with a significant crunch of energy. This is expected to upset the development of persons and businesses during the forthcoming years. Renewable energy sources are the prospect of the sectors of energy & power. Because of the speedily reducing means of an energy, it must be addressed by another possibility.

Companies:

Some of the important companies for concentrated solar power market are Siemens, Abengoa, ACCIONA, Areva, Solar Reserve, Solar Millennium, eSolar, Bright source Energy, ACS Group, SENER group, and others.

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Market Segment:


Technology Outlook (Volume, Megawatts, 2014 - 2025) (Revenue, USD Million, 2014 - 2025)

    • Parabolic Trough

    • Linear Fresnel

    • Dish

    • Power Tower


Application Type Outlook (Volume, Megawatts, 2014 - 2025) (Revenue, USD Million, 2014 - 2025)

    • Utilities

    • Enhanced Oil Recovery

    • Desalination

    • Others


Regional Outlook (Volume, Megawatts, 2014 - 2025) (Revenue, USD Million, 2014 - 2025)

    • North America

        • U.S.

    • Europe

        • Spain

        • Italy

    • Asia Pacific

        • China

        • India

    • Central & South America

        • Morocco

        • Algeria

    • Middle East and Africa

        • South Africa

        • Saudi Arabia


Get in touch

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Automotive Infotainment Market Challenges, Opportunities, Trends And Top Key Players till 2025

June 01, 2021: The scope of the global Automotive Infotainment Systems Market was appreciated by US$ 15.20 billion in 2016 and it is likely to reach US$ 37.62 billion during the forecast period. The increasing demand for systems that can provide entertainment, accessibility comprising live audio streaming, on-demand music, combination of smart phone, along with a number of additional entertaining facilities and comfort within the car, is estimated to motivate the development of the automotive infotainment market. The manufacturers of the automobiles are also gradually integrating such type of systems in their automobiles having understood that such type of features can gladly motivate the purchasing decision of the customer.

Drivers:

The increasing stages of per head earnings in developing nations, mainly in Asia Pacific, are letting customers expend on luxury and top-class cars furnished by these systems. Progress in technology has furthermore steered the introduction to instinctive touchscreen, cutting-edge graphical user interfaces, vocal sound recognition, and additional amenities in these systems. Entirely such developments have potential for the development during the period of forecast.

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Additional features motivating the acceptance of these systems consist of smartphone connectivity, both over Wi-Fi or Bluetooth, which permits customers to access messages and additional information and makes it easier to work on the move. Furthermore, consumers can furthermore modify these systems consistent with their necessities and selections. This is also funding the acceptance of these systems. Over and above this, the capability of these systems to access cloud centered services and deliver unified connectivity and distant access to playlists and streaming of video is also motivating the demand for these systems.

A competition amongst OE fitted and aftermarket products is a specific high spot because the suppliers of OE fitted products emphasis on the quality whereas suppliers of aftermarket products mainly concentrated on the price. Per se, the demand for OE products is projected to be great in industrialized nations, whereas the aftermarket products would be mainly in demand in developing nations of Asia Pacific, where the choice of infotainment systems is constructed on the price.

Classification:

The global automotive infotainment systems industry can be classified by Application, Installation, Product, and Region. By Application it can be classified as Commercial Vehicles, Passenger Cars. By Installation, it can be classified as Aftermarket, OE fitted. By Product, it can be classified as Communication Unit, Head-up Display, Audio Unit, Navigation Unit, and Display Unit.

Regional Lookout:

By Region the global automotive infotainment market can be classified as North America, Europe, Asia Pacific, and South America. North America generated maximum revenue of US$ 5,723.1 million in 2018. North America is home to the important business participants and therefore the area is in leading position in the development and application of innovative automotive infotainment systems. The increasing inclination toward vocal sound recognition methods and driver distraction mitigation systems is estimated to motivate the development. The increasing end-users’ liking for HD in-dash display monitors is the additional obvious tendency that has been holding up in the local market.

The Asia Pacific is expected to develop at the maximum percentage during the period of forecast. The increasing stages of per head earnings of the customers are mainly letting them purchase passenger cars having modern facilities. The increasing sales of top-class cars in China are mainly estimated to add to the development of the local Asia Pacific’s market. Additionally, growing acceptance of smartphones together with the increasing demand for automotive infotainment systems with the combination of smartphone technology is projected to motivate the development during the period of forecast.

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Companies:

At present, the automotive infotainment systems market is extremely disjointed in nature. A number of medium and small sized companies are trying to build up their position, by way of launching reasonably priced aftermarket systems. Accordingly, it has started observing strong competition amongst suppliers of OE fixed systems and suppliers of aftermarket systems.

Some of the important companies for automotive infotainment industry are Delphi Automotive PLC, Clarion Corporation, Pioneer Corporation, Panasonic Corporation, Harman International, JVC KENWOOD Corporation, Visteon Corporation, Denso Corporation, Alpine Electronics, Garmin, and Continental AG.


Market Segment:


Automotive Infotainment Product Type Outlook (Revenue, USD Million; 2014 - 2025)

    • Audio Unit

    • Display Unit

    • Head-up display

    • Navigation Unit

    • Communication Unit


Automotive Infotainment Fit Type Outlook (Revenue, USD Million; 2014 - 2025)

    • OE fitted

    • Aftermarket


Automotive Infotainment Application Outlook (Revenue, USD Million; 2014 - 2025)

    • Passenger Cars

    • Commercial Vehicles


Automotive Infotainment Regional Outlook (Revenue, USD Million; 2014 - 2025)

    • North America

        • U.S.

        • Canada

    • Europe

        • UK

        • Germany

    • Asia Pacific

        • China

        • India

        • Japan

    • South America

        • Brazil


Get in touch

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Sunday, May 30, 2021

Thermal Spray Coatings Market Overview, Challenges, Opportunities And Top Key Players till 2025

May 31, 2021: The global Thermal Spray Coatings Market is anticipated to exhibit a healthy CAGR during the forecast period, according to a report available on Million Insights. Thermal spray coating refers to industrial process that involves coating material in wire or powder form and a heat source. The heat source is used to melt the material into tiny droplets, which are sprayed onto substrates at high velocity. This technique is able to improve performance characteristics of the substrates by imparting erosion, wear, corrosion, heat, cavitation, and abrasion. Other advantages include high deposition rate, thick coatings, and low toxic gas emissions.

Growing need to enhance durability of machines among industries to reduce maintenance costs is anticipated to propel thermal spray coatings industry growth. Changing consumer preference for thermal spray coatings over chrome plating owing to superior properties is expected to impel market growth. Stringent regulations introduced by governments across various nations to reduce use of material containing volatile organic compounds (VOCs) will drive the thermal spray coatings market over the forecast period.

To cater to rising demand for advanced coating techniques, manufacturing companies and researchers are investing in R&D to develop innovative methods. For instance, in January 2018, an Indian scientist was contacted another scientist from National Aeronautics and Space Administration (NASA) to know more about former’s thermal spray coating method. The doctor had developed a control segmented Yttria Stablized Zirconia (YSZ) while working at MEC. The technology is believed to reduce operational cost of spray coatings by fifty percent.

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Product Insights:

Based on product, the thermal spray coating market can be categorized into ceramics, metals, carbides, polymers, abradables, and others.Ceramics segment is anticipated to exhibit highest CAGR over the forecast period owing to superior properties such as high temperature resistance and adhesive bonding. Rising demand for ceramic material in turbine blades, aerospace engine systems, and flame tubes attributed to better heat resistance will drive segment’s growth in coming years.

Technology Insights:

On the basis of technology, the thermal spray coatings market can be classified into plasma, flame, cold, high-velocity oxygen fuel (HVOF), electric arc, and others.Plasma spray technology segment is predicted to hold largest market share over the forecast period. The technology can be used for wide range of materials including ceramics and metals on small and large components. Some industrial benefits such as temperature management, wear resistance, electrical conductivity, and heat and oxidation resistance are driving demand for plasma technology.

Application Insights:

In terms of application, the thermal spray coatingindustry can be segmented into automotive, industrial, aerospace, medical, steel, oil and gas, pulp and paper, printing, and others.Aerospace segment is anticipated to hold largest market share over the forecast period owing to increasing use of thermal spray coatings on defense aircrafts. These coatings are able to protect aircrafts from corrosion and regular wear and tear. Major application includes jet engine components such as piston rings, crank shafts, valves, and cylinder. In addition, landing gears are also coated to withstand forces during take-off and landing.

Regional Insights:

Regional segmentation includes North America, Asia Pacific, Central and South America, and Middle East and Africa.North America is expected to dominate and hold largest market share over the forecast period owing to growth of aerospace industry in the region. Presence of industry leaders including Airbus and Boeing is also contributing well to regional growth. These companies are exporting aircraft components to countries like China, France, and Germany.

Asia Pacific, on the other hand, is expected to exhibit highest CAGR in coming years owing to growing state of automotive and aerospace industry. Rising demand for commercial aircraft among airlines to accommodate rising number of travelers per day is driving the market. In addition, increasing sales of passenger and commercial vehicles owing to rise in deposable income will drive regional market growth over the forecast period.

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Some of the key players in the thermal spray coatings market are AMT AG, Chromalloy Gas Turbine LLC, OC Oerlikon Management AG, Plasma-Tec, and Surface Technology. Key players are adopting business strategies including mergers and acquisitions to expand their product portfolio.


Market Segment:


Thermal Spray Coatings Type Outlook (Revenue, USD Million, 2014 - 2025)

    • Metals

    • Ceramics

    • Intermetallic

    • Polymers

    • Carbides

    • Abradables

    • Others


Thermal Spray Coatings Technology Outlook (Revenue, USD Million, 2014 - 2025)

    • Cold

    • Flame

    • Plasma

    • High Velocity Oxy Fuel (HVOF)

    • Electric Arc

    • Others


Thermal Spray Coatings Application Outlook (Revenue, USD Million, 2014 - 2025)

    • Aerospace

    • Industrial Gas Turbine

    • Automotive

    • Medical

    • Printing

    • Oil & gas

    • Steel

    • Pulp & Paper

    • Others


Thermal Spray Coatings Regional Outlook (Revenue, USD Million, 2014 - 2025)

    • North America

        • U.S

        • Canada

        • Mexico

    • Europe

        • Germany

        • U.K.

        • France

        • Finland

        • Denmark

        • Sweden

    • Asia Pacific

        • Japan

        • China

        • India

        • Thailand

        • Malaysia

    • Central & South America

        • Brazil

        • Argentina

    • Middle East & Africa

        • Saudi Arabia

        • UAE


Get in touch

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Inhalation Anesthesia Market Top Key Players Update, Business Statistics and Research Methodology till 2025

May 28, 2021: The global Inhalation Anesthesia Market scope was appreciated by nearly US$ 1.12 billion in 2018 and is likely to witness a CAGR of 3.5% for the duration of the forecast. It is expected that the market will touch US$ 1.42 Billion by the completion the prediction year 2025.

In therapeutic exercise, anesthesia is a condition of a body. It is done by drugs to overpower sensations that are termed as general anesthetic. The agents of Anesthetic act on the principal nervous arrangement changing the motor function of neurons. Anesthesia is working for the duration of minor and major surgical treatment to simplify the process for patient and surgeon. Anesthetic agents can be directed orally, intravenously, subcutaneously or by inhalation.

Speedy growth in elderly population suffering from neurological, respiratory, spinal, gastrointestinal, orthopedic, cardiovascular, cancer and additional illnesses and complaints is expected to motivate the development. Growing number of orthopedic processes for example ligament and additional soft tissue restoration actions is likewise contributing to the development of the day care ambulatory surgical treatment. This is likely to increase usage of inhalation anesthesia. Additionally, growing number of emergency cases and accidents are estimated to surely impact the development market during the period of forecast.

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The Inhalation Anesthesia (IA) developed as anesthetic of choice above Intravenous Anesthesia (IVA) amongst mainstream of healthcare general practitioners, because it avoids unnecessary dosage and retains the patient’s autonomic functions unharmed. Drugs directed over inhaled route have restricted tolerance and level of addiction as equated to alternatives routes. Inhalation Anesthesia (IA) has lesser threat of restlessness and is price operative as equated to Intravenous Anesthesia (IVA). Additionally, growing number of surgical processes is one of the most important motivating factors.

Classification:

The global inhalation anesthesia market can be classified by Product, Application and Region. By Product it can be classified as Desflurane, Sevoflurane, and Isoflurane. By Application it can be classified as Maintenance, Induction. By End User it can be classified as Ambulatory Surgical Centers, Hospitals.

Regional Lookout:

By Region, the inhalation anesthesia industry can be classified as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America region headed the market during the year 2018 and is likely to propagate at a profitable percentage above the period of forecast, due to growing occurrence of a number of long-lasting sicknesses and existence of innovative healthcare amenities. The demand for surgical products that comprises ambulatory surgery and inpatient surgery is the maximum in North America and is a fore most motivator of the development for the market in region.

In contrast, Asia Pacific is projected to grow at the speedy CAGR of 4.0% during the period of forecast. Important issues funding to its speedy development comprise growing populace, private and public healthcare spending, accessibility of healthcare insurance for common people, and occurrence of long-lasting illnesses.

Growth in medicinal travel, together with speedy infiltration of insurance exposure will assist additional persons to choose for surgical products. This is likely to considerably increase the usage of inhalation anesthetics. Growth of ambulatory healthcare centers is likely to supply to the increasing populace in Asia Pacific, therefore definitely impacting the market.

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Companies:

The manufacturing companies implement a number of policies comprising acquirements, corporation along with presentation of new-fangled product to take advantage of market openings. For example Piramal Enterprises picked up Janssen's products of pain management and injectable anesthesia during the period of past year.

This approach assisted company to increase its range of critical care business and increase present base of client. Furthermore, pharmacological manufacturer of Middle East & Africa, named Julphar, come in a partnership to market and distribute Sojourn (Sevoflurane), mass-produced by Piramal, in Saudi Arabia. The partnership intended for augmenting company’s business in the Middle East &Africa region and expansion of existing group of customer.

Some of the important companies for inhalation anesthesia market are AbbVie Inc., Jiangsu Hengrui Medicine Co. Ltd., Lunan Pharmaceutical Group Co. Ltd., Halocarbon Products Corporation, Fresenius Kabi AG, Piramal Enterprises Limited, Hikima Pharmaceuticals PLC., Eisai, Baxter International, Mylan, and Abbott. 


Market Segment:


Inhalation Anesthesia Product Type Outlook (Revenue, USD Million, 2014 - 2025)

    • Sevoflurane

    • Isoflurane

    • Desflurane


Inhalation Anesthesia Application Type Outlook (Revenue, USD Million, 2014 - 2025)

    • Induction

    • Maintenance


Inhalation Anesthesia Regional Outlook (Revenue, USD Million, 2014 - 2025)

    • North America

        • U.S.

        • Canada

    • Europe

        • Germany

        • U.K.

        • Spain

        • France

        • Italy

        • Russia

    • Asia Pacific

        • Japan

        • China

        • India

        • South Korea

        • Singapore

        • Australia

    • Latin America

        • Brazil

        • Mexico

        • Argentina

    • MEA

        • South Africa

        • Saudi Arabia

        • UAE


Get in touch

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Clinical Laboratory Services Market Overview, Challenges, Opportunities And Top Key Players till 2025

May 31, 2021: The global Clinical Laboratory Services Market is expected to witness a substantial growth in the years to come. This could be attributed to technical advancements with regards to medical laboratory services. Plus, loads of infectious ailments are coming up; which may result in increase in mortality and morbidity if not detected on time. Clinical laboratory services help in checking this catastrophe. This is another factor driving the market in the near future.

Increase in geriatric population outcomes in weak immune system. This will also affect the clinical laboratory services market on positive grounds. Besides, governments in developed economies like the U.S., Belgium, and Denmark do put healthcare at the top pedestal. At the same time, there are economies having ambivalent regulatory framework are likely to impede the market in the next 5-7 years.

The clinical laboratory services industry is segmented based on type of test, service provider, and geography. By type of test, the segmentation spans medical microbiology & cytology, clinical chemistry, human & tumor genetics, and the other esoteric tests. By service provider, the market could span clinic-based laboratories, stand-alone laboratories, and hospital-based laboratories.

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By geography, the clinical laboratory services market comprises North America (Canada, U.), Europe (Italy, Spain, France, UK, and France), Asia Pacific (India, Australia, China, and Japan), LATAM (Mexico, Brazil), and MEA (Saudi Arabia, South Africa). Asia Pacific’s market is projected to grow by leaps and bounds owing to considerable efforts taken by the governments in enhancing lab services herein. North America and Europe have already attained saturation with respect to clinical laboratory services.

The players contributing to the clinical laboratory services market include Arup laboratories, Genzyme, Laboratory Corporation of America Holdings, Sonic Healthcare, Siemens, Quest Diagnostics, NeoGenomics laboratories, Fullerton Health, Abbott, Opko Health, Fresenius Medical Care, Charles River laboratories, Qiagen, and Genoptix Medical laboratory. Inorganic growth is on the anvil. For example – NeoGenomics, in Jul 2019, opened novel pharma services laboratory in Singapore. With PPD (Pharmaceutical Product Development, LLC). Way back in Jul 2017, Arup Laboratories inked a partnership with IDbyDNA for developing next-generation sequencing infectious disease testing. The partnership did introduce genomic technology all over clinical practices.

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Market Segment:


Clinical Laboratory Services Test Type Outlook (Revenue, USD Billion, 2014 - 2025)

    • Clinical Chemistry

    • Human & Tumor Genetics

    • Medical Microbiology & Cytology

    • Other Esoteric Tests


Clinical Laboratory Service Provider Outlook (Revenue, USD Billion, 2014 - 2025)

    • Hospital-based Laboratories

    • Stand-alone Laboratories

    • Clinics-based Laboratories


Clinical Laboratory Services Regional Outlook (Revenue, USD Billion, 2014 - 2025)

    • North America

        • U.S.

        • Canada

    • Europe

        • Germany

        • U.K.

    • Asia Pacific

        • Japan

        • China

        • India

    • Latin America

        • Brazil

    • Middle East & Africa

        • South Africa


Get in touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.


Contact Person: 

Ryan Manuel

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Email: ryan@millioninsights.com




Thursday, May 27, 2021

Automotive Relay Market Growth Factors, Strategies And Highlights of The Market till 2025

May 28, 2021: The global Automotive Relay Market is expected to grow considerably in the near future due to increase in demand for various applications, such as trucks, heavy industrial equipment, and others. Automotive relay is a simple electromechanical switch that help a low amperage circuit turn on and off the higher amperage circuits, such as headlights. It is also used to switch multiple circuits at the same time with one output.

Single output connected to several relays enable simultaneous opening and/or closing. A normal automotive relay runs on either 5v or 12v signal, where 12v is a standard for all automotive batteries and 5v is standard for the sensors. They run by inserting a lever at the corner of bulky load and by positioning a wedge below the lever. This enables easy lifting of the heavy load with least efforts.

The factors driving of the automotive relay market include rise in levels of comfort and safety in driving, increasing replacement of lighter PCB relays with the conventional complex plug-in devices, increased popularity of PCB relays and high adoption, growing government initiatives for the inclusion of safer components to reduce the number of casualties, increase in the demand and production of hybrid electric vehicles, and rise in modernization of automobiles. However, poor standardization in design is restricting the automotive relay industry growth.

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Increasing use of enhanced technologies like GPS, temperature, weather, and traffic related information, ultimately escalating the demand for the product is one of the major trends witnessed in the domain. Nonetheless, the growing use of conventional plug-in in the automotive sector is challenging the automotive relays industry.

One of the leading players, Infineon is expected to present a new class of Embedded Power ICs, namely TLE985x. It offers AEC Q-100 competent H-bridge driver motor control technology for single-phase brushless DC and 2-phase DC motors. The device is also expected to help manufacturers for replacing automotive relays in low-end motor control uses like window lift and sunroof. By replacing to MOSFETs (metal-oxide-semiconductor field-effect transistor), high level of integration lowers the system costs. Surplus advantages include improved the PWM control and incorporated standardized current sense amplifier, enabling the adaption of motor currents. This also optimizes the motors and mechanics for more applications. This naturally reduces the size of motor and circuit board and improves the noise behavior.

The prominent players in the automotive relays market comprise Omron Corporation, ABB Ltd., TE Connectivity, Salzer Electronics Ltd., Deltrol Controls, Panasonic Corporation, American Zettler Inc., Nippon-Aleph, Fujitsu, Denso Corporation, Daesung, and NEC Corporation among others.

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Market Segment:


Product Outlook (Revenue, USD Million; 2014 - 2025)

    • PCB Relay

    • Plug-in Relay

    • High Voltage Relay

    • Others


Vehicle Type Outlook (Revenue, USD Million; 2014 - 2025)

    • Passenger vehicles

    • Commercial vehicles

    • Electric vehicles


Application Outlook (Revenue, USD Million; 2014 - 2025)

    • Resistive loads

    • Capacitive loads

    • Inductive loads


Regional Outlook (Revenue, USD Million; 2014 - 2025)

    • North America

        • U.S.

        • Canada

        • Mexico

   • Europe

        • Germany

        • UK

    • Asia Pacific

        • China

        • India

        • Japan

    • South America

        • Brazil

    • Middle East and Africa (MEA)


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Alpha Olefin Market by Leading Player, Size, Status and Forecast Report till 2025

May 28, 2021: The global Alpha Olefins Market is anticipated to expand at a positive CAGR of 4.8% in the forecast period i.e. from 2014 to 2025 as extensive research for the development of alpha olefins using dissimilar sources are estimated to boost overall market growth across the globe.

Ethylene is a significant feedstock for manufacturing alpha olefin and produced across the globe by using naphtha and gas-based oil. The overall market is projected to experience a balanced supply-demand condition in the forecast period i.e. from 2014 to 2025. Furthermore, overall market is estimated to be a spectator of linear rise in product costs matched with the boom in ethylene prices over the period of time.

These organic compounds offer a range of industrially important products like 1-octadecene, 1-decene, 1-hexadecene, 1-octene, 1-tetradecene, 1-hexene, and 1-dodecene. The rising demand for poly alpha olefin (PAO) in synthetic lubricants is estimated to spur overall market in the years to come. Plus, rising focus on producing bio-based alpha olefin is estimated to avail new opportunities for the growth of overall alpha olefin market as several bio-chemicals are accepted as pro-environmental solutions.

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Also, rising demand for poly alpha olefin based lubricants and discovery of shale gas are estimated to fuel overall alpha olefins industry growth in future. However, strict environment regulations regarding use of polyethylene and varying costs of raw materials and energy sources may restrain overall market growth in the forecast period i.e. from 2014 to 2025. North America will continue with its dominance over the forecast period due to the presence of key manufacturers in the region. On the other hand, growing population and increasing consumption of packaged food are estimated to fuel overall market growth in the Asia Pacific region in future.

Alpha olefins is estimated to experience a balanced supply-demand condition in the future. In presence of REACH, alpha olefins are known to have no toxic effect on animal and human population. The foremost trend observed in recent years in global market is rising demand for heavier alpha olefins (C6+) in the Middle East and North America.

Key players operating in alpha olefin market are Saudi Basic Industries Corporation, Chevron Phillips Chemical Company LP, Shell Chemical Limited, ExxonMobil Chemical Company, Qatar Chemical, Evonik Industries AG, Mitsubishi Chemical, Godrej Industries Ltd., and Ineos Oligomers. SASOL, CPChem, and INEOS are estimated to help hold the market balance and alpha olefin prices. Using UNIPOL technology in North America, Exxon Mobil’s linear low-density polyethylene concentrated on specialty grades.

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Market Segment:


Product Outlook (USD Million, 2014 - 2025)

    • 1-Butene

    • 1-Hexene

    • 1-Octene

    • 1-Decene

    • 1-Dodecene

    • Others


Application Outlook (USD Million, 2014 - 2025)

    • Polyethylene

    • Synthetic Alcohol

    • Synthetic Lubricants

    • Others


Materials Regional Outlook (USD Million, 2014 - 2025)

    • North America

        • U.S

    • Europe

        • Germany

        • UK

        • France

    • Asia Pacific

        • China

        • Japan

        • India

    • Middle East and Africa

    • Central & South America


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Adhesives and Sealants Market Growth Factors, Strategies And Highlights of The Market till 2025

May 28, 2021: The global Adhesives and Sealants Market is estimated to value at USD 82.4 billion by 2025, exhibiting a CAGR of 5.6% during forecast period of 2019 to 2025. Increasing use of high-performance adhesives and sealants in automotive sector is expected to boost sales of the product over the coming years. Collectively, the adhesives and sealants market is expected to gather significant market revenue during the forecast period, thereby offering several opportunities to investors to spend money on research & development activities.

Adhesives and sealants are gaining traction in several end-use industries including automotive industry, construction sector, packaging industry, and pressure sensitive applications. Additionally, increasing penetration of the product in furniture and footwear industry is further propelling the product demand over the coming years. Use of high-performance adhesives in lightweight passenger cars with higher fuel economy and lower emissions is significantly contributing to adhesives & sealants industry growth over the past few years. Increasing adoption of these products in both interior and exterior automotive applications is the key driving factor associated with industry growth. These adhesives and sealants are rapidly replacing nuts and bolts in order to enhance fuel economy and reduce weight of the vehicles.

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There is a growing demand for sealants from construction industry for faster sealing of equipment and longer endurance on substrates. Waterproofing products gaining popularity in exterior applications including terrace and balcony. Waterproofing seals have also found several applications in different building components, while tilting seals are increasingly adopted for various interior applications due to their vivid application scopes. Industry growth for waterproofing and tilting seals is characterized by high penetration capacity among emerging economies and increasing number of construction projects.

Development of innovative products and availability of low cost solutions is expected to favor product demand in the near future. On April 2017, Ashland has unveiled different types of solvent-based pressure sensitive adhesives (PSA). These PSA) allows manufacturers to enhance the efficacy and usability of their products in demanding applications. Alongside PSAs, Ashland has introduced Aroset PS-6426, which is designed in reference to the HVAC aluminum foil tape applications.

Henkel AG & Company, KGaA, Sika AG, Arkema Group, H.B. Fuller Co., Huntsman Corp., The 3M Co., and Illinois Tool Works (ITW), Inc., are some of the prominent industry participants in the global market.

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Market Segment:


Adhesives Technology Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

    • Water based

    • Solvent based

    • Hot melt

    • Reactive & other


Adhesives Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

    • Acrylic

    • PVA

    • Polyurethanes

    • Styrenic block

    • Epoxy

    • EVA

    • Other


Adhesives Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

    • Pressure sensitive applications

    • Packaging

    • Construction

    • Furniture

    • Footwear

    • Automotive

    • Other


Sealants Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

    • Silicones

    • Polyurethanes

    • Acrylic

    • Polyvinyl acetate

    • Other


Sealants Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

    • Construction

    • Automotive

    • Packaging

    • Assembly

    • Pressure sensitive tapes

    • Consumers

    • Other


Adhesives Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

    • North America

        • U.S.

        • Canada

    • Mexico

        • Europe

        • Germany

        • U.K.

        • France

    • Asia Pacific

        • China

        • India

        • Japan

    • Central & South America

        • Brazil

    • Middle East & Africa

        • Saudi Arabia


Sealants Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

    • North America

        • U.S.

        • Canada

        • Mexico

    • Europe

        • Germany

        • U.K.

        • France

    • Asia Pacific

        • China

        • India

        • Japan

    • Central & South America

        • Brazil

    • Middle East & Africa

        • Saudi Arabia


Get in touch

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Wednesday, May 26, 2021

Mobile Virtual Network Operator (MVNO) Market Key Players Analysis, Segmentation And Forecast Report till 2025

May 27, 2021: The global Mobile Virtual Network Operator (MVNO) Market is expected to display higher growth rate over the next seven years. Rapid surge in the mobile virtual network operators industry is credited to increasing demand for data and value-added services such as live streaming and mobile commerce-based services. In addition, rising smartphone penetration worldwide and increasing mobile subscriber base are projected to foster the growth of mobile virtual network operator market over the forecast period.

Globally, the mobile virtual network operator (MVNO) industry is predicted to generate massive revenue over next seven years, providing numerous opportunities for market players to invest for research and development in the market.

Mobile virtual network operators are responsible for catering various customer demand by providing them with high speed and cost effective services. Mobile virtual network operators does not own the telecom infrastructure or license to use radio frequencies. These factors are expected to boost market growth over the forecast period. However, presence of several market players and introduction of cost cutting services in the market are anticipated to limit industry growth to a certain extent.

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Development of advanced network services such as machine-to-machine (M2M) transaction and mobile money is projected to propel market growth over the coming years. The recent technological advancements in telecom sector and integration of various cloud services are estimated to fuel the market demand over the next few years. Introduction of cost efficient mobility options such as lifestyle, entertainment, and productivity to increase revenue generation are key market trends in the past few years.

The MVNO market is broadly categorized into three major segments based on the operational model type such as full MVNO, reseller MVNO and service operator MVNO. The full MVNO segment is growing rapidly in the mobile virtual network operator industry with substantial revenue generation in the last few years. Growing popularity of the full MVNO segment is attributed to the increasing number of regulatory interventions to comprehend market barriers for new market entrants and rising adoption of strategic decisions undertaken by MNOs. The service operator MVNO segment has also witnessed substantial growth owing to the development of sub-brands and increase in network utilization across the globe.

The mobile virtual network operators market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in telecommunication sector, modernization of existing telecommunication infrastructure, surge in number of research & development activities in the region and existence of well-established telecom infrastructure.

Asia-Pacific region is estimated to hold major market share in the mobile virtual network operators with massive growth in forecast period. Countries such as India, Vietnam, Myanmar, China and Singapore are leading the Asia-Pacific market with strong economic growth, development of remote management of vending machines, online gaming and surveillance services, rising disposable income and significant investment by leading industry players considering potential growth opportunities in the region.

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The key players in the MVNO industry are Lebara Group B.V., Lyca Mobile Group, TalkMob Co., Giffgaff Inc., Poste Mobile Corp., CITIC Telecom International Holding Ltd., Telefonica S.A., Verizon Communications Inc., Virgin Mobile LLC, and Tracfone Wireless, Inc.


Market Segment:


Mobile Virtual Network Operator (MVNO) Type Outlook (Revenue, USD Billion, 2014 - 2025)

    • Business

    • Discount

    • M2M

    • Media

    • Migrant

    • Retail

    • Roaming

    • Telecom


Mobile Virtual Network Operator (MVNO) Operational Model Outlook (Revenue, USD Billion, 2014 - 2025)

    • Full MVNO

    • Reseller MVNO

    • Service Operator MVNO


Mobile Virtual Network Operator (MVNO) End-use Outlook (Revenue, USD Billion, 2014 - 2025)

    • Consumer

    • Enterprise


Mobile Virtual Network Operator (MVNO) Regional Outlook (Volume, Million Subscribers; Revenue, USD Billion, 2014 - 2025)

    • North America

        • U.S.

        • Canada

    • Europe

        • Germany

        • Netherlands

        • Italy

        • U.K.

        • Spain

        • France

    • Asia Pacific

        • Australia

        • Japan

        • Singapore

        • Hong Kong

        • Malaysia

    • Latin America

        • Colombia

        • Brazil

        • Mexico

    • MEA

        • Middle East

        • Africa


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Medical Device Outsourcing Market Growth Opportunity, Status and Forecast Analysis Report till 2025

May 27, 2021: Global Medical Device Outsourcing Market size is anticipated to reach USD 194.9 billion by 2025, with a healthy CAGR of 10.9% during the forecast period as the scope and its applications are rising enormously across the globe. Medical device outsourcing is a process of contracting a third party for several business purposes like supply chain management, manufacturing, prototyping, and product designing.

The factors that are playing a major role in the growth of medical device outsourcing market are the growing occurrence of disorders, growing geriatric population, the rising use of enhanced technology, and the high demand for medical devices from end-users. However, issues related to the reimbursement policy and risk of loss of private information may restrain overall market growth in the years to come. Medical device outsourcing market is segmented based on service, therapeutic area, and region.

Contract manufacturing, quality assurance, product maintenance services, regulatory affairs services, product upgrade services, product design and development services, product implementation services, and product testing & sterilization services are the services that could be explored in medical device outsourcing in the forecast period.

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Contract manufacturing sector comprises device, accessories, component, and assembly manufacturing. Regulatory affairs services sector comprise legal representation, clinical trials and product registrations, regulatory writing and publishing, and others. Product design and development services sector comprises packaging, designing & engineering, molding, and machining. The contract manufacturing sector accounted for the significant market share of medical device outsourcing and is estimated to lead the overall market in the years to come. The reason behind the overall market growth could be a reduction in the cost of production.

Based on therapeutic area, diabetes care, dental, general and plastic surgery, IVD, diagnostic imaging, endoscopy, drug delivery, ophthalmic, orthopedic, cardiology, and others could classify medical device outsourcing in the forecast period. The cardiology sector accounted for the substantial market share of medical device outsourcing and is estimated to continue its dominance in the years to come. The reason could be the growing number of patients suffering from associated conditions. Also, general and plastic surgery sector is estimated to grow at the fastest pace in the years to come.

Globally, Asia Pacific accounted for the substantial market share of medical device outsourcing and is estimated to lead the overall market in the years to come. The reason behind the overall market growth could be the presence of key manufacturers in the region, growing number of patients suffering from chronic diseases, the developing R&D and manufacturing set up, and low labor cost. The developing countries like India and China are the major consumers of medical device outsourcing in this region.

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North America and Europe are also estimated to have a positive influence on future growth. North America is the second largest region with significant market share. However, Europe is estimated to grow at the highest CAGR in the forecast period. The key players of medical device outsourcing market are Wuxi Apptec, Integer, Freyr Solutions, Tecomet, PPD, Jabil, MAPI, Flextronics, Intertek Group, Celestica, Pace Analytical Services, Sanmina, Eurofins Scientific, Plexus, Toxikon Inc., and SGS SA. These players are concentrating on inorganic growth to sustain themselves amidst fierce competition.


Market Segment:


Medical Device Outsourcing Service Outlook (Revenue, USD Million, 2014 - 2025)

    • Quality Assurance

    • Regulatory Affairs Services

        • Clinical trials applications and product registrations

        • Regulatory writing and publishing

        • Legal representation

        • Other

    • Product Design and Development Services

        • Designing & engineering

        • Machining

        • Molding

        • Packaging

    • Product Testing & Sterilization Services

    • Product Implementation Services

    • Product Upgrade Services

    • Product Maintenance Services

    • Contract Manufacturing

        • Accessories manufacturing

        • Assembly manufacturing

        • Component manufacturing

        • Device manufacturing


Medical Device Outsourcing Therapeutic Area Outlook (Revenue, USD Million, 2014 - 2025)

    • Cardiology

        • Class I

        • Class II

        • Class III

    • Diagnostic imaging

        • Class I

        • Class II

        • Class III

    • Orthopedic

        • Class I

        • Class II

        • Class III

    • IVD

        • Class I

        • Class II

        • Class III

    • Ophthalmic

        • Class I

        • Class II

        • Class III

    • General and plastic surgery

        • Class I

        • Class II

        • Class III

    • Drug delivery

        • Class I

        • Class II

        • Class III

    • Dental

        • Class I

        • Class II

        • Class III

    • Endoscopy

        • Class I

        • Class II

        • Class III

    • Diabetes care

        • Class I

        • Class II

        • Class III

    • Others

        • Class I

        • Class II

        • Class III


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Galacto-oligosaccharides (GOS) Market Key Players Analysis, Segmentation And Forecast Report till 2025

May 27, 2021: Global Galacto-oligosaccharides (GOS) market is anticipated to witness an exponential growth in the forecast period. Galacto-oligosaccharides (GOS), also termed as “Oligo-galactosyl lactose”, or “Trans galactic-oligosaccharides (TOS)” or “Oligogalactose”, belong to the group of prebiotics. It is a water-soluble and colorless substance which increases the shelf life by reduction of microbial contamination.

The factors that propel the growth of the galacto-oligosaccharides market include increasing attention towards excellence of food and beverages, increased awareness towards nutritional food, increasing technological innovations, changing consumer lifestyles and growing number of working women in the emerging economies. On the other hand, there are a factor that may hamper the growth of the market including stringent regulations and legislations associated with the use of prebiotic constituent

Galacto-oligosaccharides (GOS) industry is anticipated to expand at a significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe. The market could be explored by product type, application, and geography. Galacto oligosaccharides (GOS) market could be explored by product type as Powder Form and Liquid Form.

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The key applications that could be explored in the galacto oligosaccharides (GOS) industry include Dietary Supplements, Food & Beverages, and Others. The “Food and Beverages” segment led the galacto-oligosaccharides industry in 2017 and is anticipated to maintain its dominance by 2025. The key factors that may be attributed to the growth of market include the fact that several food manufacturers have been concentrating on e-commerce in order to cater to global demand and increasing consumers’ consciousness on account of high exposure to online sources and social media.

Europe accounted for the major share of the GOS market in 2017 and will continue to lead in the forecast period. The factors that could be attributed to the growth include high old age population, occurrence of several infant formula corporations comprising Danone, Humana, and Ordesa, significant increase with numerous companies currently planning to produce GOS mixtures, widespread R&D in the field of dietary supplements, and Japan and Europe are leading producers and consumers of GOS.

In addition, Europe is followed by Asia-Pacific and North American region owing to high urbanization, population, and growing demand for functional food products, high malnutrition rate in children and infants below the age of 5 years, increasing investment by several food companies in the region.

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Some of the key players that fuel the growth of the GOS industry comprise Royal FrieslandCampina, Yakult, Kowa, Nissin, Kerry, New Francisco Biotechnology, Ingredion, First Milk, Samyang, GTC, Taiwan Fructose, Quantum Hi-Tech, And Baolingbao. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.


Market Segment:


Application Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 - 2025)

    • Food & Beverages

    • Dietary Supplements

    • Others


Regional Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 - 2025)

    • North America

        • U.S.

    • Europe

        • Germany

        • UK

    • Asia Pacific

        • China

        • Japan

    • Latin America

        • Brazil

    • Middle East & Africa


Get in touch

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Tuesday, May 25, 2021

Compressed Air Treatment Equipment Market Growth Drivers, Statistics and Forecast Analysis Report till 2025

May 26, 2021: The global Compressed Air Treatment Equipment Market is expected to value at USD 11.2 billion by 2025. The market is subject to witness a substantial growth due to the growing concerns related to air pollution and increasing number of application in industrial sector. Growing awareness level among general population regarding air quality and development of sophisticated devices in manufacturing sector is expected to favor market growth over the next seven years. Globally, the compressed air treatment equipment industry is predicted to grow at CAGR of 6% in the forecast period, providing numerous opportunities for market players to invest for research and development in the market.

Major applications of compressed air treatment equipment include air purification and air treatment in various end-user industries across the globe. In addition, increasing demand for compressed air treatment equipment from food & beverages sector for processing application and limit contamination of food due to poor air quality is anticipated to drive the growth of compressed air treatment equipment market over the forecast period. Accumulation of moisture, hydrocarbon and particulate in air can contaminate end-product during the various manufacturing activities.

Use of compressor also contributes to the contamination of air in form of carryover and wear particles. These factors are expected to fuel market demand over the next seven years. However, lack of awareness among manufactures and lower maker penetration is estimated to limit market growth over the coming years. Yet, swift decline in the cost of compressed air treatment equipment and rising number of promotional activities by industry players is expected to offer future growth prospects for compressed air treatment equipment industry players in the upcoming years.

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Growing adoption of compressed air treatment equipment for air treatment helps to maintain compressed air system in optimized shape and removes humidity. Complete removal of humidity from compressed air system along with highly efficient cooling ensures low energy costs that supplements the lifecycle of tools and equipment. Compressed air treatment equipment plays a vital role in removing residual humidity, thus obtain dry air for several end use applications. Compressed air treatment helps to enhance the system efficiency and prolong product lifecycle by limiting effect of corrosion and rust.

The compressed air treatment equipment market is broadly categorized into five major segments based on the application type such as chemical industry, paper& paperboard sector, food & beverages industry, pharmaceutical sector and healthcare industry. The chemical segment is growing rapidly in the compressed air treatment equipment industry with substantial revenue generation in the last few years.

Growing popularity of compressed air treatment equipment in the chemical segment is attributed to the increasing use of compressor and to curb industrial air pollution. The food & beverages segment has also witnessed substantial growth owing to the growing requirement for sophisticated devices to minimize end product contamination.

The compressed air treatment equipment market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in air treatment sector, massive boom in manufacturing sector, rise in number of research & development activities in the region and existence of well-established infrastructure.

Asia-Pacific region is estimated to hold major market share in compressed air treatment equipment with massive growth in forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with strong economic growth, increasing manufacturing activities, rising awareness level regarding air pollution, stringent government laws & regulation by local governments to curb industrial pollution, and significant investment by leading industry players considering potential growth opportunities in the region.

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The key players in the compressed air treatment equipment industry are Parker Hannifin Co., Ingersoll-Rand plc, Atlas Copco Ltd., Donaldson Company, Inc., Emerson Climate Technologies, Inc., Ingersoll-Rand plc, Parker Hannifin Co. and Gardner Denver, Inc.


Market Segment:


Compressed Air Treatment Equipment Product Outlook (Revenue, USD Million; 2014 - 2025)

    • Filters

        • Particulate filter/pre-filter

        • Coalescing filter/oil removal

        • Adsorber filter/oil vapor removal

        • Filtered centrifugal separator

        • High temperature afterfilters

        • Moisture separators

    • Dryers

        • Refrigerated dryers

        • Desiccant dryers

        • Membrane dryers

        • Deliquescent dryers

    • Aftercoolers

    • Others


Compressed Air Treatment Equipment End-use Outlook (Revenue, USD Million; 2014 - 2025)

    • Chemical

    • Paper

    • Food & beverage

    • Pharmaceutical

    • Healthcare

    • Others


Compressed Air Treatment Equipment Regional Outlook (Revenue, USD Million; 2014 - 2025)

    • North America

        • U.S.

        • Canada

        • Mexico

    • Europe

        • Germany

        • UK

    • Asia Pacific

        • China

        • India

        • Japan

    • South America

        • Brazil

    • Middle East & Africa


Get in touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.


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Polyether Ether Ketone (PEEK) Market Opportunity, Status and Forecast Analysis Report till 2024

May 26, 2021: The global Polyether Ether Ketone (PEEK) market is expected to grow at a staggering CAGR durinthe forecast period. Polyether ether ketone is a semi crystalline thermoplastic with high tensile strength, good wear, excellent chemical resistance, and low moisture absorption. This enables useful properties and an ability to retain itfor a long period under high temperature. Mechanical stresses and extreme environmental conditions enable polyether ether ketone a great choice for several applications.

Electrical properties of polyether ether ketone remains uninfluenced by moisture under ideal conditions. Consequently, polyether ether ketone displays excellent dielectric properties and dimensional stability. Polyether Ether Ketone market is driven by rise in environmental issues mainly in the aerospace industry owing to features such as lightweight, durability, and temperature performance. In addition, hazardous effects of pollution and polluting factors from automobiles have encouraged industry participants to automotive light weighting that involves fabrication of alternative components.

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Product segmentation for polyether ether ketone (PEEK) market comprises unfilled, glass filled and carbon filled. Application category for polyether ether ketone industry consists of medical electronics, electrical and aerospace. Automotive applications hold a larger share in the overall global consumption. Medical electronics and application category is predicted to have a faster growth during the forecast period.

Geographical segmentation for PEEK market spans North America, South America, Europe, Asia-Pacific, Middle East and Africa. North American and European market is likely to have a collective share in the global market owing to stringent norms and regulations coupled technological advances in the aerospace and automotive domain. The market reports steady growth in the industrial sector along with rising awareness pertaining to the benefits offered. Asia-Pacific regions have gained a tremendous importance in regards to the growth aspects in the global market.

The key players profiled in the polyether ether ketone (PEEK) industry report are Evonik Industries AG, Victrex Plc, Mitsubishi Chemical Corporation, Stern Industries Inc, A. Schulman Inc, LATI Industria Thermoplastici S.p.A, Polyone Corporation and Saudi Basic Industries Corporation.

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Market Segment:


Global Polyether Ether Ketone (PEEK) Product Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2024)

    • Unfilled

    • Carbon filled

    • Glass filled


Global Polyether Ether Ketone (PEEK) Application Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2024)

    • Medical

    • Automotive

    • Aerospace

    • Industrial

    • Electricals & electronics


Global Polyether Ether Ketone (PEEK) Regional Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2024)

    • North America

        • U.S

        • Canada

    • Europe

        • Germany

        • UK

        • France

        • Italy

    • Asia Pacific

        • China

        • India

        • Japan

        • South Korea

        • Taiwan

    • Central & South America

        • Brazil

    • Middle East and Africa

        • Saudi Arabia


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North America Fragrance Wax Melts Market Growth Drivers, Statistics and Forecast Analysis Report till 2024

May 26, 2021: North America Fragrance Wax Melts Market is anticipated to grow at a higher CAGR during the forecast period. The production of scented candles needs a higher recognition on the proportion of fragrance and its compounds transferred to the candle wax. In the commercial market of North America paraffin wax is widely used, refined from the crude oil. For the purpose of fragrance, beeswax is derived directly from the glands of honey worker bee. On gnawing the wax, the bees store it in their honeycombs and once the honeycombs are full with honey, they are gathered and separated later.

Wax melts are then prepared under industrial process and fall under the category of home fragrance by using a heat source to release fragrance in the air. Similar to candles, cubes and tarts, was melts use essential oils and fragrance oils to release the scent upon being warmed.

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North America Fragrance Wax Melts Market is driven by change in lifestyles and consumer preference for fragrance products for driving aesthetic appeal at home. Rise in presence of petroleum companies helps in enhancing the paraffin wax output that directly boosts the production of wax tarts. Rise in standard of living and surplus production has widened the market reach. Rising consumer awareness for hazardous effect of aerosols on environment and surroundings is likely to propel the market growth in the following years.

Use of state-of-the-art technique for sealing the fragrance wax contents followed by reasonable pricing is likely to boost the market demand in the following years. The market witness the rise in product launch followed by consumer inclination is a major reason for enlarged market. Stringent quality checks and product testing during the production also pumps the market.

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The key players profiled in the North America Fragrance Wax Melts market include Yankee Candle, Rimports Limited, Scentsy, S.C. Johnson, Reckitt Benckiser, East Coast Candles, Walmart, Scensei and Michaels.


Market Segment:


North America Wax Melts Country Outlook (Revenue, USD Million, 2013 - 2024)

• U.S.

• Canada

• Mexico


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At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.


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Monday, May 24, 2021

U.S. Automotive Coolant Market Opportunities, Challenges, Strategies And Forecast till 2024

May 25 , 2021: The U.S. Automotive Coolant Market was appreciated at US$ 611.8 million in the year 2015 and is expected to reach USD 1.23 billion by 2024. It is estimated to develop at a substantial CAGR for the duration of the prediction. Growing automotive aftermarket and increasing alertness of the end users regarding the maintenance of the automobile and the efficiency of the engine, are amongst the pivotal issues for the progress of the business.

Growing demand for the fuel effective cars is expected to be a vital cause for the progress of the market. The coolants are better known as antifreeze mediators. They deliver possessions such as non-toxic, chemically inactive, anti-eroding, low-slung viscidness and greater thermal capability; that mark it appropriate for a number of Heating, Ventilation, and Air-conditioning [HVAC] uses.

The Automotive Coolant on the source of Type of End Use could span Two Wheelers, Passenger Car, Commercial Vehicles. The financial regaining in the U.S.A.post the stagnation of 2009 has prompted trade & financial actions in the area to foster the better demand for commercial transport.

The growth of the online retail segment [E-commerce] and the following demand for dependable cargo & properties transference are the most important features motivating the progress of the subdivision. Commercial vehicles are expected to raise by more than a CAGR of 8.6% above the prediction period and inhabit the market stake of nearby 54% by the completion of the prediction period.

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The sales of the passenger car have likewise augmented in the latest years. The market is comparatively established. It offers restricted opportunity for the development. The subdivision of two-wheelers, likewise presents a slighter sector for the automotive coolants, because the pauses for oil drain in such type of automobiles are lesser as compared to that of four-wheelers.

The U.S. Automotive Coolant on the source of Type of Delivery Network could span Automotive Aftermarket, OEM. Increasing time-span of automobiles together with growing per head earnings is the important aspect motivating delivery through the aftermarket. The manufacturing companies hardly accept the accountability for the refilling of the coolant after the purchase of the automobile. This has directed to greater demand from the aftermarket, everywhere the vehicles frequently added with coolants in the course of servicing.

The subdivision was responsible for nearby 72% stake of the entire capacity of the market during the year 2015.Itisprojected to develop at a CAGR of beyond 8% for the duration of prediction. Additionally, strict rules of Corporate Average Fuel Economy [CAFÉ] in the U.S.A. are costly for OEMs to meet the terms with, which tips to necessities in better size to pay back growing prices. These issues are expected to limit the progress in the subdivision of OEM; thereby offering profitable openings to providers of aftermarket.

The U.S. Automotive Coolant on the source of Type of Technology could span Hybrid Organic Acid Technology, Inorganic Acid Technology [IAT], Organic Acid Technology [OAT]. The subdivision of Organic Acid Technology [OAT] was responsible for a stake of more than 49% of the international capacity during the year 2015. Greater demand for coolants is centered on negligibly; reducing carboxylate technology such as alternates for conservative antifreeze constructed on amines, phosphates, nitrates, and silicates.

Conservatively, antifreeze mediators are located on Inorganic Acid Technology [IAT]; which proposes greater safety to engines of automobile counter to cavitation, boil overs, and lining pitting. Yet, these merchandises have misplaced approval to Organic Acid Technology [OAT] coolants in latest years because of their greater prices and the efforts required for the maintenance.

The U.S. Automotive Coolant market on the source of Type of Product could span Glycerin, Ethylene Glycol, Propylene Glycol. The subdivision of Propylene Glycol [PG] arose by way of the leading product in latest years; substituting Ethylene Glycol [EG] as the preferred antifreeze in the U.S.A. Propylene Glycol [PG] takes several rewards for example low-slung price, non-toxicity and greater compatibility as equated to the conservative Ethylene Glycol [EG] product, heading to a growth in transactions in fresh years.

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The statement revises Trades in terms of intake of U.S. Automotive Coolant in the market. Some of the important companies, operating in the field are Sinclair Oil Corporation, Lukoil, Ashland Corporation, Kost USA, Sinopec, ExxonMobil Corporation, Petronas, British Petroleum PLC., Motul, Total S.A, Chevron Philips Corporation and Royal Dutch Shell.

Market Segment:


U.S. Automotive Coolant Product Outlook (Volume, Million Gallons; Revenue, USD Million, 2014 - 2024)

    • Ethylene Glycol

    • Propylene Glycol

    • Glycerin


U.S. Automotive Coolant Technology Outlook (Volume, Million Gallons; Revenue, USD Million, 2014 - 2024)

    • Inorganic Acid Technology (IAT)

    • Organic Acid Technology (OAT)

    • Hybrid Organic Acid Technology (HOAT)


U.S. Automotive Coolant Distribution Outlook (Volume, Million Gallons; Revenue, USD Million, 2014 - 2024)

    • Original Equipment Manufacturers (OEM)

    • Automotive Aftermarket


U.S. Automotive Coolant End-Use Outlook (Volume, Million Gallons; Revenue, USD Million, 2014 - 2024)

    • Passenger Cars

    • Commercial Vehicles

    • Two-Wheelers


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At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.


Contact Person: 

Ryan Manuel

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ESG Initiatives In The Bakery Product Industry

Embedding the value of environmental, social and governance (ESG) in the  bakery product industry  has become a vital cog in augmenting reve...