Macadamia Nut Market is Estimated To Reach A Valuation of USD 2.36 Billion by 2027: Grand View Research Inc.

 Macadamia Nut Market Growth & Trends

The global macadamia nut market size is expected to reach USD 2.36 billion by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 9.2% from 2020 to 2027. Growing importance of on-the-go snacking options among millennials as a result of new product launches by companies and increasing awareness regarding healthy diet are expected to have a positive impact on the industry growth. Furthermore, growing popularity of tree nut as sources of dietary fiber, which helps the individuals in ensuring proper weight management, is expected to expand the market scope in the near future.

Over the past few years, manufacturers have been launching new products in order to gain a competitive edge in the market. For instance, in October 2019, Royal Hawaiian Orchards launched a salted roasted variety of macadamia nut. The product was launched in Honda Center and The Rinks’ ice-skating centers and is especially targeted towards Anaheim Ducks’ hockey fans. The company considers the product to evolve as a viable mid-game snack. These are rice in protein and are available around the stadium in convenient packages and various flavors. The company is known to have partnered with Anaheim Ducks. The company is taking up strategies to leverage the fact that macadamia nut make a heart healthy snack among its consumers. These products can also be found in Sierra Nevada Draught House and Wine Club.

The consumption of these products is also expected to witness growth owing to health benefits associated with it. In July 2017, Food and Drug Administration declared macadamia nut heart healthy. Furthermore, China has evolved as one of the major producers of the nut. According to the discussions held in China International Tree Nut Conference 2018, China is poised to become the largest producer of these nut by 2022. The chairman of Sino-Australian Agricultural Technology Development Company predicted that by 2022, China is expected to produce 190,000 tons of macadamia, which is around half the global production.

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Macadamia Nut Market Report Highlights

• Based on processing, the conventional segment accounted for the largest share of 80.0% in 2019. The product dominates the market as it was among the first powder variants to be introduced in the market and it enjoys the first mover advantage
• The organic processing segment is expected to register the fastest CAGR of 10.2% from 2020 to 2027. The surge in the product demand is mostly due to increasing awareness regarding the benefits pertaining to organic food
• Raw products led the market and accounted for more than 50.0% share of the global revenue in 2019. These are widely used in the food and beverage, cosmetic, and pharmaceutical industries
• Coated products are expected to register the fastest CAGR of 10.2% from 2020 to 2027. The variety has been evolving as a popular confectionary among people of all ages, especially children.

Macadamia Nut Market Segmentation

Grand View Research has segmented the global macadamia nut market on the basis of processing, product, distribution channel, and region:

Macadamia Nut Processing Outlook (Revenue, USD Million, 2016 - 2027)

• Organic
• Conventional

Macadamia Nut Product Outlook (Revenue, USD Million, 2016 - 2027)

• Raw
• Roasted
• Coated

Macadamia Nut Distribution Channel Outlook (Revenue, USD Million, 2016 - 2027)

• Online
• Offline

Macadamia Nut Regional Outlook (Revenue, USD Million, 2016 - 2027)

• North America
  • US.
• Europe
  • Germany
• Asia Pacific
  • China
  • Japan
  • Australia
  • South Korea
• Rest of the World
  • Brazil

List of Key Players of Macadamia Nut Market

• Hawaiian Macadamia Nut Orchards, L.P.
• Buderim Group Limited
• Hamakua Macadamia Nut Company
• Mac's Nut Co. of Hawaii
• North Shore Macadamia Nut Company
• Superior Nut Company, Inc.
• Hawaiian Macadamia Nut Company
• Makua Coffee
• TM. WARD COFFEE COMPANY

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research    reports, customized research reports, and consulting services. To help clients make informed business    decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Food Emulsifiers Market Expected To Reach USD 7.51 Billion by 2025

 The global food emulsifiers market is expected to reach USD 7.51 billion by 2025, according to a new report conducted by Grand View Research, Inc. Growing requirement of nutritional foodstuffs, protein-rich products, and ready-to-eat snacks in Asia Pacific is estimated to drive the demand for food ingredients, including emulsifying agents, colorants, enzymes, and sweeteners. Furthermore, the presence of a broad consumer base coupled with the robust growth of the food & beverage sector is another critical driving factor that is likely to boost product consumption.

Lecithin is one of the major product categories of the market accounting for 29.1% of the volume share in 2015. Lecithin is found in both animal and plant tissues and is utilized as an emulsification ingredient for the preparation of a wide variety of bakery & dairy products. 

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http://www.grandviewresearch.com/industry-analysis/food-emulsifiers-market

Further key findings from the report suggest:

• Dairy products accounted for 9.7% revenue share in 2015 and are likely to be one of the fastest growing applications. Rising consumption of dairy products in developing nations including China, India, and Russia is predicted to influence industry growth of key dairy processing additives, including emulsifiers.
• Europe generated revenue of USD 1.36 billion in 2015 and is anticipated to witness a stable growth over the forecast period. The implementation of stringent environmental regulations coupled with clean label trends is likely to support the stable growth in Germany, France, and other countries in the region.
• Lecithin exhibits nontoxicity and has the ability to moisturize, homogenize, and stabilize the colloidal systems. Moreover, it helps in modifying the rheological properties of victuals and also enhances their shelf life. Owing to its multifunctionality, the growth of the products is anticipated to propel significantly over the next couple of years.
• Lonza Group, Cargill, Inc., Danisco A/S, Riken Vitamin Co., Ltd., Palsgaard A/S, Beldem, BASF SE, Adani Wilmar Ltd., Archer Daniels Midland Company, Solvay S.A. Lubrizol Corporation, and Stepan Company are some of the key players operating in the global market.
• The prominent market participants such as Riken Vitamins Co., Ltd. and Palsgaard A/S are focusing on the expansion of their product portfolio by significantly investing in research & development.
• In December 2016, Cargill, Inc., announced the expansion of its emulsifier product portfolio. The company introduced a new emulsifier range that is inclusive of three plant-based lecithin products that are derived from canola, sunflower, and soy plants. Through new product launch, the company aims to meet the growing consumer requirements of label-conscious and nongenetically modified foodstuffs.

Grand View Research has segmented the global food emulsifiers market by product, application, and region:

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

• Mono-, Di-glycerides & Derivatives
• Lecithin
• Stearoyl Lactylates
• Sorbitan Esters
• Others

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

• Bakery & Confectionery
• Convenience Foods
• Meat Products
• Dairy Products
• Others

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

• North America
  • US.
• Europe
  • Germany
  • France
• Asia Pacific
  • China
  • India
• Central & South America
  • Brazil
• Middle East & Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research    reports, customized research reports, and consulting services. To help clients make informed business    decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Polyurethane Market to Grow At a Slow yet Steady CAGR of 7.0% from 2019 to 2025

 The global polyurethane market size is expected to reach USD 105.2 billion by 2025, according to a new report by Grand View Research, Inc., registering a 7.0% CAGR during the forecast period.Rising awareness regarding resource conservation and optimum manufacturing processes and low labor costs in developing countries are factors estimated to fuel overall market demand through 2025.

Growing demand for bio-based polyurethane (PU) as well as demand for innovation and sustainability are key factors driving the industry. Rising government interferences in order to reduce greenhouse gas (GHG) emissions are also estimated to have a positive impact on overall market growth.

Developed countries such as U.S., Canada, Germany, and U.K. have reduced carbon dioxide emissions over the past few years owing to increasing environmental concerns. The U.S. EPA and National Highway Traffic Safety Administration have issued regulations under the Energy Policy and Conservation Act to enhance fuel efficiency of vehicles and reduce carbon emissions.

Prominent players are incorporating bio-based PU to reduce reliance on conventional petrochemical derived PU and reduce the risks associated with it. Geographically, Asia Pacific emerged as a leading regional PU market in 2018 whereas Europe and North America are estimated to exhibit moderate growth over the forecast period.

To request a sample copy or view summary of this report, click the link below: 
https://www.grandviewresearch.com/industry-analysis/polyurethane-pu-market

Further key findings from the report suggest:

• By product, the flexible foam segment accounted for the largest revenue share of 26.6% in 2018 owing to rising use as a cushioning material for furniture, bedding and mattresses, seating, and other soft products in several end-use industries
• The elastomers segment is estimated to grow at the fastest pace over the forecast period owing to introduction of PU elastomers with intrinsic, self-healing properties that restore product appearance despite any damage. These are estimated to revolutionize the industry and boost segment share
• Based on application, the construction sector accounted for the largest polyurethane market share in 2018 and is estimated to exhibit a revenue-based CAGR of 6.8% in the upcoming period owing to rapid industrialization in developing countries and its excellent insulation properties
• The automotive sector is estimated to register steady growth over the forecast period owing to high mechanical strength, durability, and lightweight properties to reduce vehicle weight
• Companies such as BASF and Shepherd Chemical Company have introduced novel products, technologies, and applications for PU, which is expected to revolutionize the industry over the forecast period.

Grand View Research has segmented the polyurethane market on the basis of product, application, and region:

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

• Rigid Foam
• Flexible Foam
• Coatings
• Adhesives & Sealants
• Elastomers
• Others

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

• Furniture
• Construction
• Electronics & Appliances
• Automotive
• Footwear
• Packaging
• Others

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

• North America
• Europe
• Asia Pacific
• Central & South America
• Middle East & Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Personal Protective Equipment Market Insights Business Opportunities, Current Trends And Forecast 2027

 The global personal protective equipment market size is expected to reach USD 84.7 billion by 2027, according to a new report by Grand View Research, Inc., registering a 6.6% CAGR over the forecast period. Increasing need for respiratory equipment in mining, emergency response, military and law enforcement, healthcare, and fire services, coupled with rising instances of injuries at the workplace, is anticipated to propel the market over the coming years.

Occupational safety regulations play a major role in driving the market for personal protective equipment. Mandated policies for companies to maintain worker safety in industries is anticipated to drive demand for PPE. These regulations mention the type of personal protective equipment required for protection during different industrial or commercial processes.

Increasing blue-collar workforce in line with growing number of construction and manufacturing projects is expected to inevitably raise the risk of occupational hazards. This has compelled companies to increase the level of awareness pertaining to health hazards and adhere to occupational health and safety regulations. This is projected to spur the demand for personal protective equipment over the forecast period.

Governments of various countries such as India and China have mandated the use of protective footwear in order to ensure the safety of employees. Rising demand for protective footwear in various end-use industries like construction, mining, oil and gas, food, and pharmaceuticals is anticipated to have a positive impact on PPE market demand through 2027.

To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/personal-protective-equipment-ppe-market

Further key findings from the report suggest:

• The fall protection equipment segment is expected to register a CAGR of 7.0% from 2020 to 2027 on account of rising number of accidents caused in manufacturing and construction industries
• Protective clothing accounted for 22.1% of the global revenue in 2019 owing to shifting customer preference toward efficient and comfortable clothing in core industries such as oil and gas, construction, and mining
• Respiratory protection equipment includes air-purifying and supplied air respirators and the segment accounted for 13.5% of the revenue in 2019. This is attributed to rising demand for unpowered respirators particularly in mining, petrochemical, and oil and gas sectors
• PPE in the construction industry accounted for 16.7% of the global revenue in 2019 owing to growing construction activities and infrastructural developments in Asia Pacific and Central and South America
• North America accounted for 29.3% of the global PPE market in 2019 owing to stringent regulatory scenario, growing employee awareness regarding personal safety, and increasing number of large-scale infrastructure investment projects in U.S.
• Key players in personal protective equipment market are partnering with other companies in order to gain a competitive advantage in terms of manufacturing active insulation solutions. It also enables them to use advanced technologies in the field.

Grand View Research has segmented the global personal protective equipment market on the basis of product, end use, and region:

Personal Protective Equipment (PPE) Product Outlook (Revenue, USD Million, 2016 - 2027)

• Head, Eye & Face Protection
• Hearing Protection
• Protective Clothing
  • Heat & flame protection
  • Chemical defending
  • Clean room clothing
  • Mechanical protective clothing
  • Limited general use
  • Others
• Respiratory Protection
  • Air-purifying respirator
  • Supplied air respirators
• Protective Footwear
  • Leather
  • Rubber
  • PVC
  • Polyurethane
  • Others
• Fall Protection
• Hand Protection
  • Disposable gloves
    • By type
      • General purpose
      • Chemical handling
      • Sterile gloves
      • Surgical
      • Others
    • By material
      • Natural rubber
      • Nitrile gloves
      • Neoprene
      • Vinyl gloves
      • Others
    • Durable gloves
      • Mechanical gloves
      • Chemical handling
      • Thermal/flame retardant
      • Others
    • Others

Personal Protective Equipment (PPE) End-use Outlook (Revenue, USD Million, 2016 - 2027)

• Construction
• Manufacturing
• Oil & Gas
• Chemicals
• Food
• Pharmaceuticals
• Transportation
• Mining
• Others

Personal Protective Equipment (PPE) Regional Outlook (Revenue, USD Million, 2016 - 2027)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK.
  • France
  • Russia
  • Italy
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Australia
  • Thailand
  • Malaysia
• Central & South America
  • Brazil
  • Argentina
• Middle East
  • Saudi Arabia
  • United Arab Emirates
• Africa
  • South Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business    decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Polyvinyl Chloride Market Rapid Expansion to Gain Robust Revenue Grip by 2020: Top Industry Leaders Arkema S.A., and Westlake Chemica Corp

 The global polyvinyl chloride market size is expected to reach USD 79.11 billion by 2020, according to a new study by Grand View Research, Inc. Increasing construction and infrastructure spending in emerging markets of Asia Pacific and Latin America is expected to remain a key driving factor for global polyvinyl chloride (PVC) demand. In addition, growth of global automotive industry is also expected to have a positive influence on the market. Volatile raw material prices coupled with the stringent regulatory scenario, particularly in North America and Europe to limit or minimize PVC use for medical applications are expected to remain key challenges for market participants. In order to overcome such challenges, the industry has shifted its focus towards developing bio-based alternatives to PVC which is expected to provide future opportunities for market participants.

Construction emerged as the leading application segment and accounted for 55.7% of the total market volume in 2013. Increasing construction spending in BRICS nations on account of organization of global events such as FIFA World Cup and Summer Olympics in these nations is expected to drive the demand for PVC in construction industry. Electrical & electronics is expected to be the fastest growing application segment at an estimated CAGR of 5.4% from 2014 to 2020. Growth of Chinese and Taiwanese electronics industry is expected to spur growth for PVC in electrical & electronics industry.

To request a sample copy or view summary of this report, click the link below:
http://www.grandviewresearch.com/industry-analysis/polyvinyl-chloride-pvc-market

Further key findings from the study suggest:

• Global PVC demand was 38.50 million tons in 2013 and is expected to reach 53.81 million tons by 2020, growing at a CAGR of 5.0% from 2014 to 2020.
• Asia Pacific emerged as the leading regional market for PVC and accounted for 58.1% of total market volume in 2013. Growth of construction industry, particularly in China, India and Indonesia is expected to drive PVC demand in the region.
• Middle East & Africa is expected to be the fastest growing region for polyvinyl chloride market at an estimated CAGR of 5.9% from 2014 to 2020. Growth of major end-use industries such as construction, automotive and electrical & electronics in Saudi Arabia and South Africa is expected to drive the demand for PVC in this region.
• Some of the major companies in operating in the global PVC market include Shin-Etsu Chemical Co. Ltd., Formosa Plastics Group, Axiall Corporation, Mexichem S.A.B., BASF, Georgia Gulf Corp., Arkema S.A., and Westlake Chemica Corp, Sinopec Group, Solvay S.A., KEM One and Xinjiang Zhongtai Chemical Co. Ltd.

Grand View Research has segmented the global polyvinyl chloride market on the basis of application and region:

Polyvinyl Chloride Application Outlook (Volume, Million Tons; Revenue, USD Million, 2012 - 2020)

• Construction
• Consumer Goods
• Packaging
• Electrical & Electronics
• Transportation
• Others

Polyvinyl Chloride Regional Outlook (Volume, Million Tons; Revenue, USD Million, 2012 - 2020)

• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Central & South America

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research    reports, customized research reports, and consulting services. To help clients make informed business    decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Plastics Market Advanced Technologies and Growth Opportunities Worldwide By 2027: Grand View Research Inc.

 

Plastic Market Growth & Trends

The global plastic market size is expected to reach USD 722.6 billion by 2027, expanding at a CAGR of 3.2% over the forecast period, according to a new report by Grand View Research, Inc. Increasing automotive production and subsequent rise in plastics consumption in automotive component fabrication because of regulatory policies pertaining to vehicular weight reduction and fuel efficiency is expected to drive the market over the forecast period. Plastic facilitate fuel saving in automotive applications on account of reduced car weight and density as compared to conventional materials such as metals or rubber.

Since the last decade, there has been a substantial demand for the products as replacement for metals and ferrous alloys across various industries such as consumer goods, automotive, and industrial machinery. The growth of the market criticality lies on various factors such as ever-increasing requirement of end users in terms of product specification and versatility influencing consumption dynamics. Other factors such as socio-political, production process, and feedstock availability events also have a significant impact on industry trends.

Rapidly developing construction and automobile markets in Asia Pacific is expected to increase the demand for plastic in interiors, exteriors, and under hood components. Its major applications include under hood components in the automotive industry, building interior and exteriors in the construction and infrastructure industries, and various applications in electronics and durables.

However, the outbreak of highly contagious COVID-19 across the globe is severely affecting manufacturing industries, which, in turn, is anticipated to negatively impact the growth of the market. As COVID-19 continues to spread across the world, work from home rules, order cancellations, and shipping complications are surging throughout the plastics industry.

End-use industries such as automotive, consumer electronics, furniture and bedding, and construction are witnessing a sharp decline in terms of demand and production. This is owing to the reducing discretionary spending, increasing spending on essential items such as food and medical products, factory shutdowns, limitations on supply and transport, and a slowdown in infrastructure development activities across the globe. This, in turn, is anticipated to hamper the market. Moreover, rising number of COVID-19 positive cases across the globe is expected to result in an increased demand for medical devices, thereby positively influencing the growth of the market in medical device application such as ventilators, testing equipment, gloves, and masks.

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Plastic Market Report Highlights

• Raw materials used in plastic include hydrocarbon fuels (coal, natural gas and crude oil), salt, and sand. PE production in North America is dependent mainly on natural gas, which is available at a very low cost in the region. PE producers in the region are, thus, highly competitive
• Asia Pacific dominated the market during the forecast period from 2020 to 2027 and is projected to witness a CAGR of 3.9%
• Polyether ether ketone is expected to witness a CAGR of 6.2% in terms of volume during the forecast period. They are widely used in engineering applications owing to their characteristics, which include being colorless and organic
• Various strategic initiatives were recorded over the past few years in order to boost the growth of the market. For instance, in April 2020, Exxon Mobil Corporation announced to increase the monthly production of specialized polypropylene by 1,000 tons to meet the growing need for medical masks and gowns owing to the spread of coronavirus. This surge in the production of polypropylene is expected to help medical masks and gown manufacturers to produce an additional 20 million gowns or 200 million medical masks.

Plastic Market Segmentation

Grand View Research has segmented the global plastic market on the basis of product, application, and region

Plastic Product Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• Polyethylene (PE)
• Polypropylene (PP)
• Polyurethane (PU)
• Polyvinyl chloride (PVC)
• Polyethylene terephthalate (PET)
• Polystyrene (PS)
• Acrylonitrile butadiene styrene (ABS)
• Polybutylene terephthalate (PBT)
• Polyphenylene Oxide (PPO)
• Epoxy Polymers
• Liquid Crystal Polymers
• Polyether ether ketone (PEEK)
• Polycarbonate (PC)
• Polyamide (PA)
• Polysulfone (PSU)
• Polyphenylsulfone (PPSU)
• Others

Plastic Application Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• Packaging
• Construction
• Electricals
• Automotive
• Medical Devices
• Agriculture
• Furniture & Bedding
• Consumer Goods
• Utility
• Others

Plastic Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK.
  • France
  • Italy
  • Spain
  • Poland
• China    
• Asia Pacific (excluding China)
  • India
  • Japan
  • Southeast Asia
• Central & South America
  • Brazil
  • Argentina
  • Chile
  • Colombia
  • Other CSA
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Oman
  • Kenya
  • South Africa

List of Key Players of Plastic Market

• BASF SE
• SABIC
• Dow Inc
• DuPont de Nemours, Inc
• Evonik Industries
• Sumitomo Chemical Co., Ltd.
• Arkema
• Celanese Corporation
• Eastman Chemical Company
• Chevron Phillips Chemical Co., LLC
• Lotte Chemical Corporation
• Exxon Mobil Corporation
• Formosa Plastics Corporation
• Covestro AG
• Toray Industries, Inc.
• Mitsui & Co. Plastics Ltd.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Molecular Methods Market For Food Safety Testing Growth With Worldwide Industry Analysis To 2026: Grand View Research Inc.

 Molecular Methods Market For Food Safety Testing Growth & Trends

The global molecular methods market for food safety testing size is expected to reach USD 2.9 billion by 2026, expanding at a CAGR of 6.8% during the forecast period, according to a new report by Grand View Research, Inc. Expanding applications of microfluidic chip-based devices and paper-based devices have driven their implementation as simple and rapid solutions for screening of foodborne pathogens. These devices offer numerous advantages such as cost-effectiveness, specificity, sensitivity, ease of usage, and speed.

As a result, molecular assays are gaining substantial popularity over conventional detection methods. Furthermore, numerous initiatives are being undertaken by government agencies, which boosts the adoption of molecular assays. Investments in quality control testing and enforcing regulatory compliance in the course of product testing is one of the common initiatives undertaken. For instance, in July 2019, the United Nations (UN) General Assembly designated two of its agencies for the promotion of food safety across the world–the Food and Agriculture Organization (FAO) and the World Health Organization (WHO)-and developed guidelines related to it.

Moreover, there is increasing demand for proactive supply chain management solutions and IoT sensors for tracking the authenticity during the product development cycle, from the time of its harvestmen to delivery. This is expected to drive research activities. Penetration of blockchain technology, a technology that hails as a savior of food safety and traceability, is attributive to induce substantial progress in the food safety testing market.

Key market participants are undertaking numerous strategic initiatives to expand their molecular technology-based products and services for delivery of better molecular solutions. Furthermore, presence of a substantial number of investors to drive development and adoption of food-safety platforms is aiding in the revenue growth of companies. For instance, in April 2019, Tyson Foods Inc. announced its investment in Clear Labs Inc., a food safety testing company that relies on the robotic platform for detection of pathogens like salmonella.

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Molecular Methods Market For Food Safety Testing Report Highlights

• Polymerase Chain Reaction (PCR) technology offers high sensitivity and specificity, thus attributing to the largest revenue share. Rising implementation of reverse transcriptase (RT)‐qPCR in monitoring bacteria’s metabolic activity during processing and storage is also supporting segment growth
• Biosensorseffectively overcome the drawbacks of microbiological and chemical analyses by eliminating the additional steps of extraction or sample treatment and offering affordability. This is expected to drive the biosensors segment
• The emergence of automated instruments leads to time-saving and convenient data handling and interpretation, thus resulting in the fastest growth rate of the instruments segment
• North America dominated the global market due to the presence of several market participants operating from U.S. and Canada
• The Asia Pacific is poised to witness the fastest growth during the forecast period. This is attributive to the globalization of food trade, imposition of regulatory norms, and growing demand for packaged and organic products in Asian countries

Molecular Methods Market For Food Safety Testing Segmentation

Grand View Research has segmented the global molecular methods market for food safety testing on the basis of technology, product, and region:

Molecular Methods for Food Safety Testing Technology Outlook (Revenue, USD Million, 2015 - 2026)

• Polymerase Chain Reaction (PCR)
• Immunoassay
• Biosensors
• Microarray
• Others

Molecular Methods for Food Safety Testing Product Outlook (Revenue, USD Million, 2015 - 2026)

• Instruments
• Reagents & Consumables
• Services

Molecular Methods for Food Safety Testing Regional Outlook (Revenue, USD Million, 2015 - 2026)

• North America
  • US.
  • Canada
• Europe
  • Germany
  • UK.
• Asia Pacific
  • China
  • Japan
• Latin America
  • Brazil
• Middle East and Africa (MEA)
  • South Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Pharmacy Automation Devices Market is Anticipated to Upgrade USD 8.99 Billion Revenue By 2020: Grand View Research Inc.

 Pharmacy automation involves automation and mechanization of tasks that include distribution and handling medication processes carried out in heath care centers and specialty pharmacy centers. The global pharmacy automation devices industry is projected to grow at a CAGR of 7.3% from 2014 to 2020 and reach over USD 8.99 billion.

Automation systems such as packaging and labeling systems, medication dispensing system, storage and retrieval systems, table-top counters and compounding systems are employed in order improve the efficacy of regular jobs within pharmacies. The market is expected to grow owing to features including system integration that increases productivity and time to clinicians for patient care, thereby lowering medication errors.

Rising demand for pharmaceutical products, progressively growing technology and demand for precise robotic equipment & tools to perform operations at a faster rate are expected to be the key factors for market growth. Untapped growth opportunities in countries such as Brazil, China, and India coupled with escalating demand for automation in pharmacy and healthcare operations is expected to drive growth over the forecast period.

The market was dominated by automated medication dispensing systems in 2013. It accounted for a share of over 47.8% owing to growing demand for accurate medication dispensing systems. Automated dispensing systems have the ability to reduce significantly error rates and the ability to dispense hands-free. They provide storage, recording of medication, distribution to resident care and computer controlled dispensation.

Access Research Report of Pharmacy Automation Devices Market @ www.grandviewresearch.com/industry-analysis/pharmacy-automation-market

Automated compounding systems are anticipated to grow rapidly at a CAGR of 8.4% from 2014 to 2020 owing to an increasing demand for mixing of medication and substantial decrease in total time to complete a dose.

The existence of IT healthcare systems and high rate of penetration in healthcare and pharmaceutical units resulted in North America occupying the largest regional market in 2013. It accounted for about 54.8% of the market revenue. Increasing healthcare overheads and R&D relevant to pharmacy automation devices are few factors responsible for its market share.

Asia Pacific is likely to grow at a CAGR of over 9.0% during the forecast period and is the most lucrative regional markets majorly due to improving healthcare infrastructure in emerging economies of China and India. Easy access available to new entrants including multinational pharmaceutical companies and distributors in this region coupled with the introduction of healthcare reforms in these countries is expected to drive market growth.

Key industry players include AmerisourceBergen Corporation, CareFusion Corporation, Accu-Chart Healthcare, ForHealth Technologies, GSE Scale Systems, Fulcrum Inc,McKesson Corporation, Innovation PharmaAssist Robotics, Pearson Medical Technologies, Health Robotics SRL, Kirby Lester, MedDispence, Pyxis Pharmacy Automation Systems, Medacist, MTS Medication Technologies, OmnicellInc, Cerner Corporation, Rice Lake Weighing Systems, Baxter International Inc., Aesynt Inc., ScriptPro LLC, Parat Systems Pharmacy Automation, Yuyama Co. Ltd, Swisslog Holding Ltd,Talyst Inc. and ScriptPro LLC.

Grand View Research has segmented the pharmacy automation devices market on the basis of application, end-use and region:

Pharmacy Automation Devices Application Outlook

• Automated Medication Dispensing Systems
• Automated Packaging And Labeling Systems
• Automated Storage And Retrieval Systems
• Automated Medication Compounding Systems
• Table Top Tablet Counters

Pharmacy Automation Devices End-use Outlook

• Hospital Pharmacy
• Retail Pharmacy

Pharmacy Automation Devices Regional Outlook

• North America
• Europe
• Asia Pacific
• RoW

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Teleradiology Software Market Size Is Expected To Reach USD 2.4 Billion by 2025

 The global teleradiology software market size is expected to reach USD 2.4 billion by 2025, expanding at a CAGR of 8.1% over the forecast period, according to a new report by Grand View Research, Inc. Shortage of radiologists in countries such as U.S. and India is one of the prominent growth drivers.

Rising prevalence of cancer, heart disease, bone disorders, and other chronic diseases is anticipated to drive the demand for medical imaging.As per the data published by the National Cancer Institute, in 2018, nearly 1,735,350 new cases and around 609,640 deaths caused by cancer were anticipated to be registered in U.S.Thus,increasing number of radiology centers and hospitals are adopting teleradiology solutions, providing growth opportunities for the market.

The companies operating in the market engage in new product launches, product upgrades, mergers and acquisitions, and geographical expansion to enhance their market position. In July 2019, Comarch SA opened its office in Australia to expand its business in the country and to strengthen its international presence. The company is also focusing on developing hosting services portfolio for its present and future clients in Australia.

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Further key findings from the report suggest:

• In 2018, PACS segment held the largest revenue share of the teleradiology software market owing to the rise in medical diagnostic procedures and adoption of remote patient monitoring among physicians
• Web-based deployment held the largest revenue share in 2018 owing to the large customer pool and benefits associated with web-based software such as remote data accessibility
• North America held the largest revenue share in 2018, due to high adoption of teleradiology services, shortage of radiologists, presence of prominent market players, and existence of well-established healthcare IT infrastructure
• Key market players include Telerad Tech, Comarch SA, Carestream Health, Medsynaptic Pvt Ltd, Perfect Imaging LLC, Impose Technologies Pvt Ltd., and Radical Radiology

Grand View Research has segmented the global teleradiology software market on the basis of type, deployment, and region:

Teleradiology Software Type Outlook, (Revenue, USD Million, 2014 - 2025)

• Radiology Information System (RIS)
• Picture Archive and Communication System (PACs)
• Vendor Neutral Archive (VNA)

Teleradiology Software Deployment Outlook, (Revenue, USD Million, 2014 - 2025)

• Web-based
• Cloud-based
• On-Premise

Teleradiology Software Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America 
  • US.
  • Canada
• Europe 
  • UK.
  • Germany
  • Spain
  • Italy
  • France
  • Russia
• Asia Pacific 
  • China
  • Japan
  • India
  • Australia
  • Singapore
  • South Korea
• Latin America 
  • Brazil
  • Mexico
  • Argentina
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Cell Sorting Market Pegged For Strong Growth During 2019-2026: Grand View Research Inc.

 Cell Sorting Market Growth & Trends

The global cell sorting market size is expected to reach USD 899.4 million by 2026, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 10.5%. The market is expected to grow in the coming years owing to technological advancements in the field of cell sorting technologies and instruments. High speed sorters have the ability to differentiate between cell types effectively. This has improved research in genomics and proteomics as well as developing many emerging cell-based therapies. An advanced and emerging technology in this field is microfluidics.

A substantial expansion has been witnessed in the pharmaceutical and biotechnology industries, which is fostering more drug discovery research, thereby, fueling growth. Mergers, acquisitions, and collaborations are some of the main strategies undertaken by these companies in order to overcome competition. A booming Indian pharmaceutical sector is anticipated to result in a positive impact on the growth of the global market. According to the India Brand Equity Foundation (IBEF) 2019 statistics, currently, Indian pharmaceutical companies supply 80% of the antiretroviral drugs used for combating AIDS. In addition, growing number of research activities pertaining to new applications is another factor driving growth.

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Cell Sorting Market Report Highlights

• Cell sorters segment held the highest share in 2018 due to substantial technological advances in the machines
• Reagents and consumable held a significant share in 2018, owing to their repetitive use during sorting methods
• FACS accounted for maximum revenue in 2018, due to its accuracy and high throughput cellular analysis
• However, FACS-based instruments are costly, hence, researchers sometimes prefer magnetic-activated cell sorting machines over them
• In 2018, research applications dominated the global cell sorting market owing to increasing investments on R&D by government bodies as well as pharmaceutical & biotechnology companies
• Pharmaceutical and biotechnology companies segment is expected to show significant growth over the forecast period due to rise in academia-industry collaborations, which has further increased research
• North America held the largest revenue share in 2018 owing to developed pharmaceutical and biotechnology industries in the region
• Some of the key manufacturers include Becton, Dickinson and Company; Bio-Rad Laboratories, Inc.; Beckman Coulter, Inc.; Sony Biotechnology Inc.; Miltenyi Biotec GmbH; On-Chip Biotechnologies Co.

Cell Sorting Market Segmentation

Grand View Research has segmented the cell sorting market on the basis of product, technology, application, end use, and region:

Cell Sorting Product Outlook (Revenue, USD Million, 2015 - 2026)

• Cell Sorters
• Reagents and Consumables
• Services

Cell SortingTechnology Outlook (Revenue, USD Million, 2015 - 2026)

• Fluorescence-based Droplet Cell Sorting
  • Jet-in-air Cell Sorting
  • Cuvette-based Cell Sorting
• Magnetic-activated Cell Sorting
• MEMS - Microfluidics

Cell SortingApplication Outlook (Revenue, USD Million, 2015 - 2026)

• Research Applications
  • Immunology & Cancer Research
  • Stem Cell Research
  • Drug Discovery
  • Other Research Applications
• Clinical Applications

Cell SortingEnd-use Outlook (Revenue, USD Million, 2015 - 2026)

• Research Institutions
• Medical Schools and Academic Institutions
• Pharmaceutical and Biotechnology Companies
• Hospitals and Clinical Testing Laboratories

Cell SortingRegional Outlook (Revenue, USD Million, 2015 - 2026)

• North America
  • US.
  • Canada
• Europe
  • Germany
  • UK.
  • France
  • Italy
  • Spain
  • Russia
• Asia Pacific
  • Japan
  • China
  • India
  • South Korea
  • Australia
  • Singapore
• Latin America
  • Brazil
  • Mexico
  • Argentina
• MEA
  • South Africa
  • Saudi Arabia
  • UAE

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Healthcare Supply Chain Management Market is Estimated To Attain USD 3.4 Billion by 2025

 Healthcare Supply Chain Management Market Growth & Trends

The global healthcare supply chain management market size is expected to reach USD 3.4 billion by 2025, according to a new report by Grand View Research, Inc., registering an 8.7% CAGR during the forecast period. Growing adoption of GS1 standards and Unique Device Identification (UDI), emergence of cloud-based solutions for the healthcare industry, and increasing adoption of mobile-based supply chain management solutions are key factors contributing to market growth. Growing requirement for reduction in operating costs among healthcare organizations is another major factor positively impacting the market.

Increasing pressure encountered by healthcare providers to improve operational profitability and efficiency plays a vital role in increasing revenue growth. Growing demand to limit large-scale counterfeiting of drugs in the pharmaceutical industry is also boosting the growth of the market. Significant improvements in supply chain management solutions with respect to data security is fueled by changing health patterns of the population. According to CDC, half of the adult population in the U.S. has one or more chronic health conditions. This further helps in creating a more patient-centered supply chain that can be provided when and where patients need it.

Mobile apps have become an essential part of supply chain management solutions and logistic companies in developed as well as developing countries have begun relying on GPS-enabled mobile applications.There are several supply chain management apps available today. For instance, Curvo Labs designed a platform to upsurge supply chain efficiency by automating and modernizing supply chains in hospitals and healthcare organizations.

Market players such Oracle Corporation; SAP; Logi-Tag Systems; McKesson Corporation; Manhattan Associates; Tecsys; Infor Inc.; Global Healthcare Exchange (GHX); Jabil; and AmerisourceBergen are focused on increasing collaborations with other industry players to gain a competitive edge. Mergers and acquisitions and service differentiation are some of the other key strategies adopted by these companies to strengthen their market presence. For instance, in March 2019, Jump Technologies collaborated with X3 Consulting Group to streamline supply chain processes and mitigate risks for hospitals by implementing the Jump Stock software solution.

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Healthcare Supply Chain Management Market Report Highlights

• By product, software emerged as the largest segment in 2018 with a revenue share of 39.2%
• Based on mode of delivery, the cloud-based segment accounted for the dominant revenue share in 2018. The segment is also expected to exhibit the fastest CAGR over the forecast period
• On the basis of end use, healthcare manufacturers emerged as the leading segment. However, distributors are expected to register significant growth rate through 2025
• North America accounted for the largest share due to rising patient burden in the U.S., implementation of various strategies to enhance healthcare supply chain management, and growing adoption of scanning technologies such as barcodes and RFID in the region
• Asia Pacific is anticipated to exhibit a lucrative CAGR of 9.7% over the forecast period owing to increased implementation of technologically advanced solutions in countries such as, China, India, and Japan
• Oracle Corporation; SAP; Tecsys; Infor Inc.; Manhattan Associates; Global Healthcare Exchange (GHX); Logi-Tag Systems; AmerisourceBergen; and Jabil are some of the leading players in the market.

Healthcare Supply Chain Management Market Segmentation

Grand View Research has segmented the global healthcare supply chain management market on the basis of product, mode of delivery, end-use, and region:

Healthcare Supply Chain Management Product Outlook (Revenue, USD Million, 2014 - 2025)

• Software
• Hardware
  • Barcodes
  • RFID Tags
• Services

Healthcare Supply Chain Management Mode of Delivery Outlook (Revenue, USD Million, 2014 - 2025)

• On-premise
• Cloud-based
• Web-based

Healthcare Supply Chain Management End-use Outlook (Revenue, USD Million, 2014 - 2025)

• Healthcare Manufacturers
• Healthcare Providers
• Distributors
• Logistics

Healthcare Supply Chain Management Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
  • France
  • Italy
  • Spain
  • Russia
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • Singapore
  • South Korea
• Latin America
  • Brazil
  • Mexico
  • Argentina
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Cryogenic Equipment Market Top Companies, Trends and Growth Factors Details for Business Development By 2022

 Some Recent Developments

In April 2020, Chart Industries has been awarded a design study for hydrogen fuel cells by a naval architect researching hydrogen propulsion through fuel cells for a variety of medium and large ships. Chart holds over 500 liquid hydrogen references, specialist know-how and in-depth hydrogen risk mitigation experience, and therefore it was selected for this kind of project. It will give Chart Industries one more opportunity to show its expertise and to boost its credibility in the market.

In February 2020, Chart Industries, Inc. signed a Letter of Cooperation with ExxonMobil India LNG Limited, an affiliate of ExxonMobil, and Indian Oil Corporation focused on pioneering virtual pipelines to accelerate gas access in India.  Virtual pipelines deliver liquefied natural gas by road, rails and waterways not connected by physical pipelines. This opens up company for several cryogenic applications, helping the demand for equipments required for it.

In May 2020, Linde announced that it has started up the first of two new high-purity nitrogen generators in Shanghai, China, as part of a 20-year contract to supply ultra-high purity industrial gases to GTA Semiconductor. The second generator is expected to come on stream by 2022. The new plant is located in the Shanghai Lingang Industrial Zone, one of the largest industrial parks in Shanghai. Linde will supply GTA Semiconductor's US$5.1 billion wafer fabrication plant with ultra-high purity gases such as nitrogen, oxygen, argon, carbon dioxide, as well as compressed dry air (CDA). This will also create demand for cryogenic equipments, giving it a boost in that region.

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In November 2019, Washington-based BioLife Solutions Inc. bought Custom Biogenic Systems. Inc., a Bruce Township-based cryogenics equipment supplier for $11 million I cash and $4 million in common stock. The deal gives BioLife a new revenue source and technology as the firm aims to build its cryopreservation capabilities and hit $100 million in revenue.

In April 2019, Cardiff based Cryo Storage Solutions secured the final tranche of a £150,000 funding round to complete development of a new cryogenic, low temperature sample storage facility. Cryo Storage Solutions offers a range of cryogenic and -80 degrees celsius storage, disaster recovery and product or risk management services. They hold the exclusive Cryotherm distribution agreement for both the UK and Eire, allowing them to supply high end cryogenic equipment, Dewars, Bio-banks and SiVL Pipework systems. This investment will enable the company to complete its Human Tissue Authority license, meeting increasing demand for high quality cryogenic storage from hospitals, medical research organisations and others, leading to more demand for the cryogenic equipments in the market.

In November 2018, the technology company The Linde Group was awarded a contract from Chinese chemical and energy company Inner Mongolia Huineng Coal Chemical Co Ltd to supply a mid-scale LNG plant near Beinichuan in Inner Mongolia. The Linde Engineering group became responsible for engineering, procurement and site services for the LNG plant with a nameplate capacity of 750,000 tons of liquefied natural gas per annum. The plant’s technology was based on Linde’s proprietary LIMUM process, a multi-stage mixed refrigerant process that provides best-in-class energy efficiency, and proprietary core cryogenic heat exchangers. This deal became an important deal, as it helped Linde group in establishing itself in that region.

In November 2018, Chart Industries, Inc. announced that it completed the acquisition of VRV S.r.l. and its subsidiaries. VRV is a diversified multinational corporation with highly automated, purpose-built facilities for the design and manufacture of pressure equipment serving the Cryogenic and Energy & Petrochemical end markets. This acquisition helped Chart Industries to gain more expertise and technology to expand its own business in new regions.

In January 2018, Chart Industries, Inc. announced the acquisition of Skaff Cryogenics & Cryo-Lease, LLC. Skaff provides quality repair service and remanufacturing of cryogenic and liquefied natural gas storage tanks and trailers. Skaff also maintains a portfolio of cryogenic storage equipment that is leased to customers for temporary and permanent needs.  Customers include major gas suppliers, as well as a variety of smaller distributors and end users. This acquisition of Skaff expands Chart’s direct regional presence for service and aftermarket support in the Northeast United States.  This is a very strategic expansion for Chart, as they drive to bring more value to their customers.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Public Relations Tools Market to Record an Exponential CAGR by 2024: Grand View Research Inc.

 Public relations (PR) has become a very critical aspect for the effective marketing of an organization. The creation and maintenance of a good public image and reputation is a continuous and challenging process. Every type of industry has a target audience, and it becomes very important to establish a relationship with them, without which there is a danger of failing to communicate their products or services to this demographic. Once established, this relationship is to be kept at a high level, or else the target group will move away from the brand. PR tools such as content creation and marketing, social media management and relationship management are utilized in these scenarios for optimal results.

Marketing activities have assumed great importance for organizations in every industry, in order to spread information about their brand and understand the behavior of the target customers. Consumers have turned to the internet in order to obtain information regarding a product or service, and this is where public relation tools play an important part, by providing articles and videos to provide knowledge to the customers. Brands make use of social media platforms such as Twitter, Facebook and LinkedIn, among others, and it becomes necessary to track the activities on each platform to understand how to manage updates and campaigns. The importance of public relations tools can be gauged from the fact that majority of the companies globally have separate PR, content marketing and social media teams.

The growth of digital media in the past few years has introduced bloggers and influencers to the fold of public relations. Major brands, particularly in consumer and luxury goods space, use the pulling power of influencers on platforms such as Instagram and YouTube, in order to market their products to a wider audience. This factor has created very high demand for the public relations tools market in recent years. Additionally, there has been an exponential rise in the demand for tools based on analytics and aggregation to better understand the current trends and predict the consumer behavior, thus boosting the Public Relations Tools Market growth.

In terms of industry, the public relations tools market has been segmented into BFSI, consumer goods and retail, government and public sector, healthcare, IT & Telecom, and Media and entertainment. The consumer goods and retail segment is expected to account for the largest market share by 2024, on account of the ever-present and ever-increasing requirement to reach and wider audience, and the presence of strong competition in every segment. This has created the necessity for the monitoring and tracking of customers in order to gauge their understanding and opinion, and consequently make improvements to their product. Long-term relationship has also become a critical aspect in other sectors, particularly in healthcare, and IT & telecom, which is expected to generate a substantial revenue for the market.

Based on application, the public relations tools market has been classified broadly into online media and content marketing. The content marketing segment is expected to account for a significant share in the market, with successful implementation of PR tools ensuring that the product or service can be advertised in a unique manner, thus differentiating the company from its competitors. Content marketing includes e-books, videos, webinars and educational articles which can help brands in communicating their value proposition. The online media segment is anticipated to grow at a rapid pace in the coming years, as social media and blogging have become critical aspects in a company’s promotional setup. Overall, both content marketing and online media are expected to co-exist in coming years, to generate optimum ROI for the brand.

With regards to solution, the PR tools market has been segmented into publishing tools; social media monitoring and management; content creation and distribution; data aggregation, monitoring and analysis; and relationship management. Social media monitoring is expected to remain a critical promotional aspect for organizations, with the rapidly increasing presence of social media platforms such as Twitter, Facebook and Instagram, and the acknowledgement of their importance in generating sales and revenue as opposed to just being a communicator of the product or service. This, in combination with content creation and distribution, can become critical in enhancing the brand visibility and popularity.

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Region-wise, the public relations tools market has established itself in North America and Europe, mainly due to the presence of major brands, coupled with the widespread usage of various social media channels among the general population, thus widening the reach for companies. According to eurostat, 53% of enterprises in the European Union made use of at least one type of social media (social network, corporate blog or microblog, multimedia content-sharing sites, or wiki-based knowledge-sharing tools), with social networks being used by more than half of these organizations. Asia Pacific is expected to catch up with these regions quickly, on account of the rapidly growing awareness regarding social media channels, rising internet adoption due to strengthening of the telecom infrastructure, and the steady growth in population.

Recent Trends and Developments

In May 2020, Cision announced the launch of the article-level viewership data feature, made available as part of Cision Impact in the Next Generation Communications Cloud. Article-level data enables communicators to understand which journalists and publications perform best with their target audiences, thus helping them adopt a data-driven, systematic approach to their PR and communication functions. The article-level viewership data provides data-driven outreach, competitive intelligence, industry analysis, content performance and crisis mitigation.

Cision released its 2020 State of the Media Report in April, uncovering the latest trends and challenges facing the media industry, and the optimal manner in which PR professionals and journalists can work together. With the COVID-19 pandemic gripping the globe, the survey took into account the impact of coronavirus on the functioning of the PR industry. key report findings showed that 51% of journalists stated that ensuring 100% accurate content is more important than revenue, exclusivity, or being the first to publish, and more so in the current scenario, where authentic data and information is of utmost importance. Moreover, 41% of the respondents stated that social media algorithms will be the game-changer with regards to the way they work. These findings underline the importance of online media for PR professionals in coming years.

In February 2020, Meltwater announced the addition of podcast monitoring into their product suite, which would enable customers to monitor 25,000 podcasts globally in real-time. The company would be adding over 3,000 new podcasts to the platform every day, from more than a dozen languages. Further, the customers would be able to monitor podcasts for all the keywords that are important to them, while also being able to monitor and analyze them. The rising importance of podcasts will compel market players to adopt similar tactics, thus driving the PR tools market.

COVID-19 Impact: The COVID-19 pandemic has had a significant impact on how brands are providing information to consumers, especially the healthcare sector. The online traffic has seen double-digit growth since the onset of the pandemic, with consumers looking for content regarding preventive measures, as well as using social media platforms to propagate useful and authentic information. The presence of stay-at-home orders has meant that social media is being used uniformly throughout the day, which has sprung PR professionals into action regarding novel campaigns, thus driving the PR tools market. Moreover, these tools are also becoming potent to identify the peak utilization times of various platforms, thus helping brands to organize campaigns more effectively in this period.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Embedded Non-volatile Memory Market: Precise Analysis on Business Overview, Product Scope And Ongoing Market Development 2012 – 2022

 Embedded non-volatile memory (eNVM) refers to a small-sized chip that can meet a number of embedded system applications. The technology has made modern computing systems scalable and much faster, while it also enables secure storage without compromising reliability. The market for eNVM is anticipated to register strong growth in the near future, on account of the emergence of attractive memory technologies such as RRAM (resistive RAM) and modernization of the FRAM architecture.

The increasing requirement for secure connected devices is a major factor driving the development of the embedded non-volatile memory market. Furthermore, eNVM finds major use in smart cards, microcontrollers, PMIC, SIM cards and display driver IC for data encryption, programming, trimming, identification, coding, and redundancy. The growing competition in the consumer electronics space due to increased competition is also expected to create significant demand for low power, low cost memories in the coming years. Additionally, the introduction of smart cars has created opportunities for major market players, in areas such as heads-up display and keyless push button start features.

The exponential growth in popularity of IoT applications for building smart devices, which are witnessing huge market demand in the developed and emerging economies in recent years, is expected to drive the embedded non-volatile memory market. Internet of Things has covered a number of critical applications in a very short period of time, such as consumer electronics, retail, transportation, manufacturing and healthcare. The healthcare segment has shown particularly strong demand, with IoT being utilized to manage daily clinical applications, while also tracking hospitalized patients. As such, embedded non-volatile memory has a very important role to play in these segments.

With regards to product, the embedded non-volatile memory market has been segmented into eFlash, eE²PROM and FRAM and RRAM. The eFlash segment is expected to account for the lion’s share of the market in the coming years, as it finds widespread application in smart cards, wearables, factory automation systems and autonomous vehicles. They are also an important component for IoT devices that use eFlash to enable smart, flexible, and secure products that can be updated wirelessly, or over-the-air (OTA). Furthermore, the product offers quality performance, and are used by microcontrollers to store code and data on which processing is performed.

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eE²PROM segment has been projected to show substantial growth in the coming years, as it is suited for devices offering enhanced data security; however, products such as RRAM are expected to offer stiff competition to its market growth. RRAM is capable of storing large volumes of data, and is expected to become an integral part of data centers in coming years. Notable companies are developing RRAM using different types of materials such as silicon (Crossbar) or tantalum oxide (Intel), among others. FRAM (Ferroelectric RAM) is expected to show noticeable growth on the back of factors such as low power consumption, high read/write speeds, high read/write endurance, and use as either flash memory or working RAM, which make it a promising component in unified code/data computing.

Region-wise, Asia Pacific is anticipated to lead the embedded non-volatile memory market in the near future, aided by the presence of a number of major foundries as well as smart device manufacturers in the region. Countries such as India and China have generated huge demand for these products due to the large-scale industrialization along with availability of low-cost raw materials. North America is also expected to witness sizeable market growth in the next few years, driven by the presence of major MCU manufacturers such as Silicon Lab, and Texas Instruments in the region.

Recent Developments

In March 2020, eMemory launched ‘NeoMTP’, its reprogrammable NVM solution, on TSMC’s Third-Generation 0.18μm Bipolar-CMOS-DMOS (BCD) process for providing IoT power-management solutions and cost competitiveness. Further, this development offers IC designers a number of benefits such as higher integration, smaller footprint and lower power consumption. The technology, introduced in September 2019, has major utilization in the designing of USB Type-C devices and wireless chargers, which are being increasingly adopted by smartphones to offer fast-charging options to the user.

Singapore-based Nanyang Technological University (NTU) entered into a partnership with GlobalFoundries in October 2019 for conducting research on resistive random-access memory (ReRAM) spanning a period of four years. The findings and developments in this undertaking are expected to lead to durable and cheaper technology for developing driverless cars, home sensors and other devices in the Internet of Things (IoT), which have gained rapid traction in the past few years among consumers.

In July 2019, Applied Materials, Inc. launched innovative, high volume manufacturing solutions to accelerate the industrial adoption of new memory technologies targeting critical areas such as Internet of Things (IoT) and cloud computing. These systems enable novel materials that are the key to develop memories such as MRAM, ReRAM and PCRAM, to be deposited with atomic-level precision. The platforms include Endura® Impulse™ PVD for PCRAM and ReRAM, and the Endura® Clover™ MRAM PVD. This development is expected to boost market development of embedded non-volatile memories in areas such as data centers and IoT devices.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Expansion of Cold-end Exhaust System Aftermarket During 2018 – 2025 to Gain Robust Traction: Grand View Research Inc.

 Some Recent developments

In January 2020, MagnaFlow entered the UTV market with a new cat-back exhaust system for 2017-20 Can-Am Maverick X3 models. The new exhaust system (part number 8101201) uses 2.5-in. mandrel-bent stainless-steel tubing and a 14-in. muffler with an aggressively styled dual-exit design, to give your Can-Am the deep signature MagnaFlow growl, without the drone associated with other systems on the market. This new venture by MagnaFlow provides the company new region top explore and gain demands from. It will work out for the company well in the longer run.

In October 2019, MagnaFlow launched its new modular, cat-back exhaust system designed for the 2020 Toyota Supra. This new system, dubbed xMOD, will eventually spread to other applications. This system can be customized as it sits after installation thanks to a series of modular components that can be swapped in and out in minutes using quick-release v-band clamps. Given these abilities of the system it is expected to turn a lot of heads in the automotive exhaust market. This will also boost the growth rate of cold-end exhaust system in the aftermarket.

In March 2019, MagnaFlow suffered a setback, when it was penalized by Environmental Protection Agency (EPA) for manufacturing and selling diesel truck parts that bypass or disable emissions control systems, in violation of the Clean Air Act. It sold 5,674 aftermarket exhaust systems intended for trucks from 2001 to 2007, which allowed for the removal of newer exhaust control systems that reduce emissions. This act has caused the company to be heavily penalized by the agency to the tune of more than $600,000. These penalties and the rules for environmental safety will act as hindrances for the growth.

In February 2020, Flowmaster releases new American thunder exhaust for Ram & Silverado Company. Flowmaster’s American Thunder series exhaust uses Delta Flow technology to increase performance and deliver a deep, powerful sound. Their new exhaust lineup is designed for 2014-2019 RAM 3500 models with the 6.4L Hemi engine. Flowmaster has also expanded to cover 2020 Chevy/GMC 2500HD & 3500HD trucks equipped with the 6.6L gas engine.  It will provide improved performance and fuel economy while producing a moderate tone inside and outside the truck, leading to better demand in the market for the systems.

In January 2019, MagnaFlow introduced the DPF-Back Exhaust for 2018-19 Ford F-150 diesel trucks. The system has two configurations, black-coated and polished dual-tip. The systems are fully compliant to the emission standards in every state of the U.S. This new exhaust system utilizes 4″ tubing, welded intercooled tips to enhance exhaust aesthetics, all in a simple, clamp-on exhaust configuration that provides the signature MagnaFlow sound. Also, this launch boosts the credibility of the exhaust systems by MagnaFlow for the market.

In-depth report on global cold-end exhaust system aftermarket by Grand View Research:

https://www.grandviewresearch.com/industry-analysis/cold-end-exhaust-system-aftermarket-industry

In May 2019, The Eberspaecher Group of Companies invested in a component plant for exhaust technology in Mexico. The new building in Saltillo will house manufacturing facilities for existing and future contracts in the NAFTA market. The planned facility with approximately 15,000 square meters of manufacturing space will produce complete exhaust systems as well as components such as particulate filters and catalytic converters for the NAFTA market. The first batch of products rolled out at the end of 2019.

In May 2019, Calsonic Kansei and Magneti Marelli announced that they would be moving to a single brand (Marelli), and in September, they announced that they would be changing their legal name in October 2019. While Calsonic Kansei now legally operate as ‘MARELLI Corporation’, Magneti Marelli is called as ‘MARELLI Europe S.p.A.’. The move comes on the back of parent MARELLI planning to compete effectively on the global scale. Major affiliate companies are also called by the MARELLI name from October 2019.

About Grand View Research

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