Monday, 6 December 2021

Demand for Iron Casting Market Increasing in Most Part of World 2028

 Iron Casting Market Growth & Trends

The global iron casting market size is expected to reach USD 136.55 billion by 2028, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.1% over the forecast period. The recent outbreak of COVID-19 has had a significant impact on the iron casting demand, which has hindered market growth.

The decline in growth and production of the European automotive industry owing to the COVID-19 pandemic has affected the demand for iron casting and its raw materials. To recover from their losses, European countries have allocated stimulus packages to revive the economy and several industries, such as automotive. For instance, in September 2020, the France government announced around USD 118.3 billion to reduce the economic impact of the pandemic.

The automotive industry is anticipated to benefit the overall market in the long term, but its growth was majorly affected in the first half of 2020 in North America. The auto plants resumed their operations in the U.S. and Canada in mid-May 2020; however, most players in Mexico did not resume operations even by the end of May 2020. Auto plants in Mexico operated at minimal capacity, which impacted the trade supply among the North American countries.

Asia Pacific was also majorly impacted due to the pandemic. However, the countries are reporting quick recovery, especially China. The rapid growth in the construction & infrastructural projects in the region is expected to spur the product demand for applications in pipes & fittings. In addition, the growth of the automotive industry from the second quarter of 2020 onwards is expected to boost the product demand.

Automotive and machinery & tools were the largest application segments in 2020. Other applications, such as pipes & fittings, pots & utensils, shipbuilding, electronic equipment, wind turbine, tractors, heavy-duty vehicles, agriculture, textile, and paper, are also projected to witness significant growth over the coming years.

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Iron Casting Market Report Highlights

  • The gray iron product segment led the market in 2020 and will expand at the fastest CAGR from 2021 to 2028
  • Properties of gray iron, such as good resistance, machinability, and high compressive strength, are projected to boost its demand
  • The railways application segment is projected to register the fastest CAGR over the forecast period
  • The growth is likely to be driven by the focus of various governments to improve their country’s transportation infrastructure
  • Asia Pacific was the largest regional market in 2020. The region is characterized by rising industrial production and the presence of some of the fastest-growing economies, such as China and India
  • Key companies are focusing on maintaining and improving their market share with various organic and inorganic strategies
  • Companies are likely to observe growing sales over the next few years owing to the rising prices of raw materials

Access Press Release@ https://www.grandviewresearch.com/press-release/global-iron-casting-market

Iron Casting Market Segmentation

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

Iron Casting Product Outlook (Volume, Kilotons; Revenue, USD Billion, 2017 - 2028)

  • Gray
  • Ductile
  • Malleable

Iron Casting Application Outlook (Volume, Kilotons; Revenue, USD Billion, 2017 - 2028)

  • Automotive
  • Machinery & Tools
  • Pipes & Fittings
  • Railways
  • Power Generation
  • Others

Iron Casting Regional Outlook (Volume, Kilotons; Revenue, USD Billion, 2017 - 2028)

  • North America
    • US.
    • Canada
    • Mexico
  • Europe
    • Germany
    • Italy
    • UK.
    • France
    • Russia
    • Turkey
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Indonesia
  • Central & South America
    • Brazil
    • Argentina
  • Middle East & Africa (MEA)
    • South Africa

List of Key Players of Iron Casting Market

  • Hitachi Metals, Ltd.
  • Brakes India Private Ltd.
  • Dandong Foundry
  • GIS
  • OSCO Industries, Inc.
  • Chamberlin plc
  • Crescent Foundry
  • Xinxing Ductile Iron Pipes Co. Ltd.
  • Jinan Meide Casting Co Ltd.
  • Tianjin New Wei San Industrial Co., 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.

Glutamic Acid Market Plying for Significant Growth During 2021-2028: Grand View Research Inc.

 Glutamic Acid Market Growth & Trends 

The global glutamic acid market size is expected to reach USD 17.16 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 7.6% from 2021 to 2028. Glutamic acid is widely used in dietary supplements owing to its ability to build protein building blocks and help to detoxify the body. The market is projected to witness significant growth over the forecast period owing to the increasing global demand for animal feed, coupled with the surging use of food additives and food enhancers in the industry.

The prices of glutamic acid vary as per grade. Strong demand for the product in the animal feed and food and beverage industries has increased the price of glutamic acid. Moreover, disturbance caused by the COVID-19 pandemic in the raw material supply chain is another factor behind the increasing prices of glutamic acid. In the year 2019, Evonik Industries AG has increased the prices of its glutamic acid products at the global level by 15% due to the escalating cost of required raw materials.

Manufacturers compete based on distribution channels and strive to expand their market reach to increase their market share and bolster the annual revenue. The companies also compete on the basis of profit margins due to their high dependence on the distribution network for sales, thus leading to high entry barriers for the market. Glutamic acid manufacturers focus on improving their products and enhancing their manufacturing capabilities to distinguish their products from the products of other manufacturers in the industry and enhance their market share.

In 2020, Asia Pacific accounted for the largest revenue share of over 50.0%. The market growth is credited to the increasing purchasing power of the consumers, the growing adoption of a healthy lifestyle, and the expansion of the end-use industries, such as animal feed, pharmaceutical, cosmetics and personal care, and food and beverage. The demand for animal feed in countries such as India and China is projected to grow due to the presence of an abundant livestock population.

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Glutamic Acid Market Report Highlights

  • In 2020, the food and beverages application segment held the largest revenue share of over 80.0%. The globally increasing popularity of convenience products and ready-to-drink beverages is expected to drive the demand for glutamic acid in the food and beverages application
  • The pharmaceuticals segment was the second-largest application segment in 2020 and is projected to expand at the highest revenue-based CAGR of 8.0% from 2021 to 2028 owing to the application of glutamic acid in treating various diseases, such as epilepsy, muscular dystrophy, neurotransmission imbalances, and cognitive and behavioral problems
  • Asia Pacific is anticipated to expand at the highest revenue-based CAGR over the forecast period. China has been the world’s largest consumer market for food and beverages over the past few years, making it highly appealing for foreign brands and players in the food and beverage industry
  • North America emerged as the second-largest regional segment in 2020. The growing aging population and rising cases of non-communicable diseases, such as cancer, cardiovascular diseases, and chronic respiratory diseases, are fueling the demand for pharmaceutical products, including dietary supplements, in the region

Access Press Release@ https://www.grandviewresearch.com/press-release/global-glutamic-acid-market

Glutamic Acid Market Segmentation

Grand View Research has segmented the glutamic acid market report on the basis of application and region:

Glutamic Acid Application Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

  • Food & Beverages
  • Pharmaceuticals
  • Animal Feed
  • Others

Glutamic Acid Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2017 - 2028)

  • North America
    • US.
    • Canada
    • Mexico
  • Europe
    • UK.
    • Germany
    • France
  • Asia Pacific
    • China
    • India
    • Japan
  • Central & South America
    • Brazil
    • Argentina
  • Middle East & Africa
    • Saudi Arabia
    • South Africa

List of Key Players of Glutamic Acid Market

  • Ajinomoto Co., Inc.
  • Akzo Nobel N.V.
  • Evonik Industries AG
  • Sichuan Tongsheng Amino acid Co., Ltd.
  • KYOWA HAKKO BIO CO., LTD.
  • Ottokemi
  • Hefei TNJ Chemical Industry Co., Ltd.
  • Suzhou Yuanfang Chemical Co., Ltd.
  • Global Bio-chem Technology Group Company Limited
  • Ningxia Yipin Biological Technology Co., 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.

U.S. Mass Notification Systems Market Estimated to Experience a Hike in Growth by 2028: Grand View Research Inc.

 U.S. Mass Notification Systems Market Growth & Trends

The U.S. mass notification systems market size is estimated to reach USD 4.43 billion by 2028, expanding at a CAGR of 14.1% from 2021 to 2028, according to a new study by Grand View Research, Inc. The increasing adoption of technology by educational institutions could contribute to the growth of the Mass Notification System (MNS) market in the U.S. The lack of regulations concerning mass notification systems is expected to hinder the market growth over the forecast period.

The strong emphasis of government agencies and organizations on ensuring public security and safety, data security, and privacy is expected to drive the growth of the market over the forecast period. Market vendors are also focusing on developing innovative solutions to address public safety issues. For instance, in September 2016, Regroup Mass Notification, a mass notification technology provider, partnered with CivicPlus, a leading software provider, to enhance the CivicReady emergency and mass notification solution to provide reliable, quick, and secure mass communication systems during unprecedented situations.

The COVID-19 pandemic is expected to accelerate the digital transformation initiatives of businesses worldwide, as they are forced to face their vulnerabilities and weaknesses. The pandemic compelled organizations across several industries to temporarily stall spending on new automation initiatives. However, this spending is expected to slowly gain momentum from 2021 onward.

Product differentiation and the launch of new products are anticipated to help market players grow. In November 2019, OnSolve announced the launch of Send Word Now Weather & Events, a new severe weather, and civil emergency events notification system. The system was designed to allow international companies to automate the provision of real-time location notifications to their employees about severe weather and civil emergencies. In September 2019, OnSolve introduced EventStream, which allows organizations to manage the entire scope of connectivity crises such as cyber-strike, supply chain disruption, severe weather, and IT problems.

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U.S. Mass Notification Systems Market Report Highlights

  • The software segment is expected to gain traction over the forecast period. The increasing adoption of Artificial Intelligence (AI) and cloud-based services for notification systems is expected to boost the demand for associated software
  • The SME segment is anticipated to register considerable growth over the forecast period in the organization size segment. Benefits such as easy deployment and simple interfaces are driving the demand for a mass notification system among SMEs
  • In terms of deployment, the cloud segment is anticipated to register the highest growth rate over the forecast period. The key growth factor is, it helps in increasing flexibility and enable enterprises to customize products and services on a large scale
  • In terms of application, the integrated public alert and warning segment is expected to register considerable growth over the forecast period. The application has increased its demand due to its improved skills to draft more appropriate, practical, accessible alert and warning messages and create awareness
  • In terms of vertical, the healthcare and life sciences segment is projected to gain traction over the forecast period. The involvement of mass notification systems in different form and functions such as the multi-channel feature that guarantee that the messages and alerts are delivered across several platforms and devices with the use of analytics
  • In terms of solution, the distributed recipient solution segment is anticipated to register the highest CAGR from 2021 to 2028. The growth can be attributed to the benefits, such as it gives comprehensible voice communications and visible signals at a greater range

Access Press Release@ https://www.grandviewresearch.com/press-release/us-mass-notification-systems-market-analysis

U.S. Mass Notification Systems Market Segmentation

Grand View Research has segmented the U.S. mass notification system market based on component, organization size, solution, deployment, application, and vertical:

U.S. Mass Notification System Component Outlook (Revenue, USD Million, 2018 - 2028)

  • Hardware
  • Software
  • Services

U.S. Mass Notification System Organization Size Outlook (Revenue, USD Million, 2018 - 2028)

  • Small & Medium Enterprise (SME)
  • Large Enterprise

U.S. Mass Notification System Solution Outlook (Revenue, USD Million, 2018 - 2028)

  • Wide-area Solution
  • In-building Solution
  • Distributed Recipient Solutions

U.S. Mass Notification System Deployment Outlook (Revenue, USD Million, 2018 - 2028)

  • Cloud
  • On-premise

U.S. Mass Notification System Application Outlook (Revenue, USD Million, 2018 - 2028)

  • Integrated Public Alert & Warning
  • Interoperable Emergency Communication
  • Business Continuity & Disaster Recovery

U.S. Mass Notification System Vertical Outlook (Revenue, USD Million, 2018 - 2028)

  • Corporate
  • Education
  • Energy & Utilities
  • Healthcare & Life Sciences
  • Aerospace & Defense
  • Government
  • Others

List of Key Players in the U.S. Mass Notification Systems Market

  • Blackberry Ltd.
  • Eaton
  • Honeywell International Inc.
  • Motorola Solutions Inc.
  • OnSolve
  • Blackboard Inc.
  • Everbridge Inc.
  • Desktop Alert Inc.
  • Singlewire Software LLC
  • HipLink

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.

Chile Extracorporeal Shock Wave Lithotripsy Market Competitive Insight and Key Drivers 2021 to 2028: Grand View Research Inc.

 Chile Extracorporeal Shock Wave Lithotripsy Market Growth & Trends

The Chile extracorporeal shock wave lithotripsy market size is expected to reach USD 3.45 million by 2028, registering a CAGR of 5.9% over the forecast period, according to a new report by Grand View Research, Inc. Increasing risk factors that cause kidney stones and growing preference of patients for minimally invasive procedures coupled with technological advancements are contributing to the market growth. The rising cases of obesity and lifestyle-related diseases are also predicted to contribute to market growth.

Extracorporeal shock wave lithotripsy (ESWL) is a safe and effective method of delivering shock waves for the treatment of stones and physicians around the world generally utilize this technique as it involves less pain, requires low recovery time & a shorter hospital stay, and is non-invasiveness. The COVID-19 pandemic had a significant effect on the healthcare market. During the first wave of COVID-19, the lockdown and restrictions on gathering had a direct impact on productivity. The production units, on the other hand, began reopening in the third quarter of 2020.

The adoption of ESWL is also affected by the factors, such as limitations associated with ESWL and the presence of alternative treatment options. FONASA, Chile’s government-run health insurance scheme, covers 78% of the country’s population. As a result, Chile’s National Health System (SNSS - Sistema Nacional de Servicios de Salud) is the country’s largest buyer. The market is projected to experience a growth spike as the Piera administration continues to implement its hospital infrastructure plan.

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Chile Extracorporeal Shock Wave Lithotripsy Market Report Highlights

  • The Electrohydraulic Lithotripters (EHL) segment held the largest revenue share in 2020. EHL is portable, efficient, and relatively inexpensive which drive its demand
  • The piezoelectric lithotripters segment is anticipated to witness the largest CAGR over the forecast period
  • In terms of revenue share, the kidney stone application segment led the market in 2020 owing to increased cases of the disease and its risk factors
  • The pancreatic stone segment is predicted to have substantial growth due to the rising demand for technologically improved minimally invasive equipment
  • In terms of end use, the hospital segment dominated the market accounting for the maximum revenue share of the global ESWL market in 2020 owing to the availability of technologically advanced infrastructure and medical equipment in hospitals

Access Press Release@ https://www.grandviewresearch.com/press-release/chile-extracorporeal-shock-wave-lithotripsy-market-analysis

Chile Extracorporeal Shock Wave Lithotripsy Market Segmentation

Grand View Research has segmented the Chile extracorporeal shock wave lithotripsy market based on technology, application, and end-use:

Chile ESWL Technology Outlook (Revenue, USD Million, 2016 - 2028)

  • Electromagnetic
  • Electrohydraulic
  • Piezoelectric

Chile ESWL Application Outlook (Revenue, USD Million, 2016 - 2028)

  • Kidney Stone
  • Pancreatic Stone
  • Salivary Stone
  • Other

Chile ESWL End-use Outlook (Revenue, USD Million, 2016 - 2028)

  • Hospital
  • Clinic
  • Other

List of Key Players of Chile Extracorporeal Shock Wave Lithotripsy Market

  • Boston Scientific Corp.
  • Becton, Dickinson and Company
  • Cook Medical
  • Siemens Healthcare GmbH
  • Lumenis
  • Olympus
  • Dornier MedTech
  • Karl Storz Lithotripsy-America, Inc.
  • MTS Medical

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.

Friday, 3 December 2021

Automotive Exhaust Systems Market to Expand at a CAGR of 6.2% Through 2028: Grand View Research Inc.

 Automotive Exhaust Systems Market Growth & Trends

The global automotive exhaust systems market size is expected to reach USD 68.45 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.2% from 2021 to 2028. Stringent government regulations associated with vehicle emissions coupled with the increasing penetration of after-treatment devices are anticipated to drive the demand for automotive exhaust systems. Moreover, the increasing sales of passenger cars and commercial vehicles along with the growing demand for lightweight emission systems are expected to create significant opportunities for players operating across the value chain of the market.

Automotive OEMs are working on several aspects, such as new and lightweight materials, drivetrain (engine/transmission) efficiency, and aerodynamic design, to reduce the vehicular weight. Conventional exhaust systems and their components are manufactured using materials such as stainless steel, cast iron, and mild steel/carbon steel. However, several automotive OEMs, exhaust system manufacturers, and other companies are working to provide lightweight products made from composite metals with high-temperature resistance. For instance, Tenneco Inc. offers lightweight compact systems and lightweight after-treatment and dosing systems to improve the fuel economy and thermal management of the exhaust system and overall vehicle.

The outbreak of the COVID-19 pandemic hampered the overall business scenario in 2020, and the economy is expected to continue experiencing its aftermath over the next few years. Supply chains were disrupted and production was suspended temporarily at several production facilities because of the lockdowns and restrictions imposed in various parts of the world. Subsequently, shipments got delayed and production volumes plummeted, thereby affecting the overall automotive production. As a result of the pandemic, several companies and exhaust system manufacturers confronted a year-on-year decline in unit volumes and revenues. For instance, Eberspacher, a prominent market player in the exhaust system market, witnessed a decline in the Exhaust Technology business segment revenue. The company's exhaust technology sales decreased by 0.4% year-over-year to USD 6,033.1 million in 2020 compared to USD 6,099.46 million in 2019.

In 2020, Asia Pacific captured around 60% of the automotive exhaust systems demand and is estimated to register a CAGR of around 7.0% over the forecast period. This share is attributed to the increasing production and sales of passenger cars and commercial vehicles in emerging economies such as India and China. China has been the largest automotive manufacturer in the world since 2008. The country's automotive production annual volumes are greater than the volumes of the European Union (EU). India is the fifth-largest automotive manufacturing country in the world. The Indian market is estimated to expand at the highest CAGR over the forecast period as the Indian government is taking several initiatives to develop the automotive sector in the country. The Automotive Mission Plan 2016-2026 is a joint initiative by the Indian Automotive Manufacturers and the government to plan a roadmap for developing the automotive sector in the country.

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Automotive Exhaust Systems Market Report Highlights

  • In terms of component, the muffler segment is estimated to register the highest CAGR of over7% from 2021 to 2028 owing to the increasing demand for dual-exhaust muffler systems in mid-sized and luxury vehicles
  • In terms of fuel type, the gasoline segment emerged as the largest segment in 2020 and is anticipated to retain its dominance over the forecast period
  • In terms of vehicle type, the commercial vehicles segment is projected to expand at the highest CAGR of around 7.5% over the forecast period due to increasing demand for commercial vehicles across the transportation and logistics sectors
  • Asia Pacific emerged as the largest regional market for automotive exhaust systems in 2020 and is anticipated to retain its dominance over the forecast period

Access Press Release@ https://www.grandviewresearch.com/press-release/global-automotive-exhaust-systems-market

Automotive Exhaust Systems Market Segmentation

Grand View Research has segmented the global automotive exhaust systems market based on component, fuel type, vehicle type, and region:

Automotive Exhaust Systems Component Outlook (Value, USD Million, 2016 - 2028)

  • Exhaust Manifold
  • Muffler
  • Catalytic Converter
  • Oxygen Sensor
  • Exhaust Pipes

Automotive Exhaust Systems Fuel Type Outlook (Value, USD Million, 2016 - 2028)

  • Gasoline
  • Diesel

Automotive Exhaust Systems Vehicle Type Outlook (Value, USD Million, 2016 - 2028)

  • Passenger Car
  • Commercial Vehicles

Automotive Exhaust Systems Regional Outlook (Value, USD Million, 2016 - 2028)

  • North America
    • US.
    • Canada
  • Europe
    • UK.
    • Germany
    • Rest of Europe
  • Asia Pacific
    • Greater China
    • Japan
    • India
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa (MEA)

List of Key Players in the Automotive Exhaust Systems Market

  • BENTELER International
  • Bosal
  • Continental AG
  • Eberspacher
  • Faurecia
  • FUTABA INDUSTRIAL CO., LTD.
  • Friedrich Boysen
  • Sejong Industrial Co., Ltd.
  • Tenneco Inc.
  • Yutaka Giken Company Limited

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 Micro Computed Tomography Market During 2021 – 2028 to Gain Robust Traction: Grand View Research Inc.

 Micro Computed Tomography Market Growth & Trends

The global micro computed tomography market size is expected to reach USD 327.7 million by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 7.9% from 2021 to 2028. A growing number of applications and a significant demand for technologically advanced three-dimensional imaging technologies are driving the market for micro computed tomography (CT). In addition, the increasing use of micro-CT in research is expected to boost the market growth.

Micro-CT can be used to examine the internal structure of both material and biological materials without cutting them and preserving the samples or specimens for future research. Micro-CT scanning's unique properties enable scientists to examine a sample's morphology Micro-CT is used to research bone, teeth, tissue/organs, animal anatomy, plants, food, composite materials, medical devices, batteries, and other areas. Both in vivo and ex vivo scanning modes are available with these scanners.

Technological developments are likely to contribute to market expansion, such as faster performance, high resolution, and reduce time and labor. For instance, In February 2019, the new SKYSCANTM 1273 benchtop 3D X-ray microscope was introduced by Bruker. The SKYSCAN 1273 establishes a new benchmark for benchtop non-destructive testing (NDT), delivering performance previously only available from floor-standing devices. Furthermore, EUREKA-funded project Xamflow has developed a new software tool that makes micro-CT examinations more efficient and less labor-intensive than before.

Micro-CT imaging is bringing up endless opportunities in a variety of fields. During the forecast period, the increased demand for micro-CT in research and development activities is expected to enhance product demand. However, this system is heavily reliant on complicated computer hardware and software, and it may have frequent technical failures, demanding ongoing personnel training, which may limit the market's growth.

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Micro Computed Tomography Market Report Highlights

  • By product, the ex-vivo micro CT segment dominated the market in 2020 and is further expected to continue its dominance throughout the forecast period
  • In terms of application, the life sciences segment held the largest revenue share in 2020 owing to the high-resolution structural imaging and nanomechanical measurements provided by the micro-CT
  • The dentistry segment is expected to experience the fastest growth rate during the forecast period since micro-CT has a wide range of applications in dentistry, from dental research to treatment
  • North America dominated the market for micro-CT and accounted for the largest revenue share in 2020
  • Asia Pacific is anticipated to witness the fastest CAGR of around 8.8% over the forecast period due to the presence of untapped opportunities in the emerging economies in China and India

Access Press Release@ https://www.grandviewresearch.com/press-release/global-micro-computed-tomography-market

Micro Computed Tomography Market Segmentation

Grand View Research has segmented the global micro computed tomography market based on product, application, and region:

Micro Computed Tomography Product Outlook (Revenue, USD Million, 2016 - 2028)

  • In-vivo
  • Ex-vivo

Micro Computed Tomography Application Outlook (Revenue, USD Million, 2016 - 2028)

  • Life Sciences
  • Bones
  • Dentistry
  • Plants and Food
  • Material Science
  • Geology/Oil and Gas Geology

Micro Computed Tomography Regional Outlook (Revenue, USD Million, 2016 - 2028)

  • North America
    • US.
    • Canada
  • Europe
    • UK.
    • Germany
    • France
    • Italy
    • Spain
    • Norway
    • Sweden `
    • Russia
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • Thailand
    • South Korea
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East and Africa
    • Saudi Arabia
    • South Africa
    • Turkey
    • UAE

List of Key Players of Micro Computed Tomography (CT) Market

  • Bruker Corporation
  • PerkinElmer
  • Thermo Fisher Scientific
  • Zeiss
  • NeoScan
  • Sanying Precision Instruments Co.Ltd
  • North Star Imaging Inc
  • SCANCO Medical AG
  • TESCAN

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.

Surgical Drapes Market Expectations Acme Prominent Development in Developed Regions, Details Gvr Study

 

Surgical Drapes Market Growth & Trends

The global surgical drapes market size is expected to reach USD 1.59 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 3.18% from 2021 to 2028. An increasing number of surgeries and hospitalizations are fueling the growth of the market. Moreover, the rising prevalence of nosocomial infections is expected to upsurge the market growth over the forecast period. For instance, the Centers for Disease Control (CDC) predicted that HAIs account for around 1.7 million infections and 99,000 related deaths every year in American hospitals. Of these infections, urinary tract infections accounted for 32%, surgical site infections (SSI) accounted for 22%, lung infections accounted for 15%, and bloodstream infections accounted for 14%. Thereby, increasing nosocomial infections will surge the demand for surgical drapes, leading to market growth.

Furthermore, the increasing number of hospital admissions is accelerating the market growth. For instance, according to the American Hospital Association, total admissions in all U.S. hospitals were 36,241,815 in 2019. The number of admissions will, in turn, raise the demand for surgical drapes. Moreover, the rising demand for maintenance and hygiene in healthcare institutes is one of the key factors stimulating the growth of the market. Numerous hospitals and healthcare centers are considerably focusing on upgrading the quality of infrastructure, maintaining hygiene, and improving the efficacy of operational systems.

However, rising product recalls might have a negative impact on market growth. For instance, in February 2021, Femoral Angiography Drape Sterile manufactured by Cardinal Health got recalled owing to a nonconforming material/component.

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Surgical Drapes Market Report Highlights

  • In terms of type, the disposable segment is expected to witness the fastest growth over the forecast period. An upsurge in the use of disposable surgical drapes in hospitals owing to the high prevalence of HAIs globally is driving the segment
  • By risk type, the moderate segment held the largest revenue share in 2020 and is expected to witness considerable growth over the forecast period
  • Based on end use, the hospitals segment accounted for the largest revenue share in 2020. Hospitals are the largest consumer of surgical drapes as the majority of surgical procedures are conducted in hospitals
  • North America is expected to witness considerable growth over the forecast period owing to the rising prevalence of surgeries and the presence of a large number of key market players

Access Press Release@ https://www.grandviewresearch.com/press-release/global-surgical-drapes-market

Surgical Drapes Market Segmentation

Grand View Research has segmented the global surgical drapes market on the basis of type, risk type, end use, and region:

Surgical Drapes Type Outlook (Revenue, USD Million, 2016 - 2028)

  • Reusable
  • Disposable

Surgical Drapes Risk Type Outlook (Revenue, USD Million, 2016 - 2028)

  • Minimal (AAMI Level 1)
  • Low (AAMI Level 2)
  • Moderate (AAMI Level 3)
  • High (AAMI Level 4)

Surgical Drapes End-use Outlook (Revenue, USD Million, 2016 - 2028)

  • Hospitals
  • Clinics
  • Ambulatory Surgical Centers
  • Others

Surgical Drapes Regional Outlook (Revenue, USD Million, 2016 - 2028)

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

List of Key Players of Surgical Drapes Market

  • 3M
  • Cardinal Health
  • Mölnlycke Health Care
  • Steris
  • Paul Hartmann AG
  • Standard Textile Co.
  • Medline Industries, Inc.
  • Priontex
  • OneMed
  • Medic

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.

U.S. Medical Display Monitors Market To Hold a High Potential for Growth by 2028: Grand View Research Inc.

 U.S. Medical Display Monitors Market Growth & Trends

The U.S. medical display monitors market size is estimated to reach USD 1.0 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 7.7% from 2021 to 2028. The rise in the number of diagnostic imaging centers across the U.S., increased adoption of hybrid operating rooms, rise in minimally invasive surgeries, increased cancer prevalence, and high volume of diagnostic imaging procedures are the factors responsible for market growth.

The display allows surgeons and medical practitioners to view diagnostic and surgical images in higher resolution for clear identification of tissues and blood vessels. A single monitor has the capacity to display data from optical microscopes, navigation displays, video streaming of the operating room, and diagnostic scans, to reduce surgeons’ burden to obtain data from different sources. This tool is of utmost importance for the radiologist, as it plays a key role in diagnosis accuracy and helps reduce errors.

Market leaders are developing display monitors integrated with computer systems to ultimately interact with all medical devices within the medical setting to enhance operability and improve data security. Additionally, to tackle issues like reduced radiology staff and increased work pressure on radiologists after the outbreak of Covid 19, Barco has developed a display controller. This eased their workflow and improved efficiency. However, the market dropped in 2020, due to the reduced elective surgeries, hospital economic instability, and reduced emergency room admissions. However, the market is anticipated to normalize by mid-2022.

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U.S. Medical Display Monitors Market Report Highlights

  • The greyscale segment accounted for the largest revenue share in 2020 in the type outlook as it provides ease of workflow and is cost-efficient
  • The 16:9 aspect ratio segment held the largest revenue share in 2020
  • LED is the largest revenue-generating segment in this market owing to the Low energy requirement, brighter images, high operational life, reduced heat generation, non-reactive to the temperature-sensitive environment, and lower power consumption, in this end-user setting
  • The general radiology segment accounted for the largest revenue share in the application segment as it provides diagnostic accuracy, reduction in errors, and constant need for high-quality imaging displays

Access Press Release@ https://www.grandviewresearch.com/press-release/us-medical-display-monitors-market-analysis

U.S. Medical Display Monitors Market Segmentation

Grand View Research has segmented the U.S. medical display monitors market on the basis of type, aspect ratio, technology, and application:

U.S. Medical Display Monitors Type Outlook (Revenue, USD Million, 2016 - 2028)

  • Greyscale
  • Color

U.S. Medical Display Monitors Aspect ratio Outlook (Revenue, USD Million, 2016 - 2028)

  • 16:09
  • 21:09
  • 04:03

U.S. Medical Display Monitors Technology Outlook (Revenue, USD Million, 2016 - 2028)

  • LED
  • OLED
  • CCFL

U.S. Medical Display Monitors Application Outlook (Revenue, USD Million, 2016 - 2028)

  • General Radiology
  • Mammography
  • Surgery
  • Dentistry
  • Digital Pathology
  • Others

List of Key Players of U.S. Medical Display Monitors Market

  • HP Development Company, L.P
  • Quest International
  • Stryker
  • Double Black Imaging
  • Steris
  • UTI Technology
  • NDS Surgical Imaging, A Novanta Company
  • Canvys
  • Advantech Co. Ltd.
  • Barco
  • Eizo Corporation

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.

North America Packaged Salad Market to Reach USD 10.0 Billion by 2028: Grand View Research Inc.

 North America Packaged Salad Market Growth & Trends

The North America packaged salad market size is expected to reach USD 10.0 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 7.8% from 2021 to 2028. Rising health consciousness among consumers and a growing inclination toward convenience foods are expected to be the major factors contributing to the growth of the market.

The branded category segment led the market in 2020. Branded packaged salads are salads that are widely available nationally or internationally and are not limited to one retailer or region. Retail channels usually trade both branded and private label packaged salads to take advantage of exclusive products.

Vegetarian products are most popular among customers and the demand for vegetarian packaged salads is being pushed by the rising number of health-conscious consumers in North America. Individuals searching for organic produce/products continue to create a large demand for vegetarian packed salads in this regard.

The U.S. dominated the North American market in 2020. With the increasing awareness about leading a healthy lifestyle, the demand for packaged salads has been growing significantly among consumers. Furthermore, the high penetration of key market players in the U.S. has improved product accessibility across the country.

The market players face stiff competition from each other as some of them are among the top frozen bakery manufacturers and have a large customer base. The market is fragmented with the presence of a large number of global and regional players such as Earthbound Farm; Vegpro International Inc.; Dole Food Company, Inc.; and Fresh Express Incorporated.

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North America Packaged Salad Market Report Highlights

  • Canada is projected to register the fastest growth rate of 9.2% from 2021 to 2028 due to increasing awareness regarding the health benefits of eating salads as a part of the daily diet
  • By type, packaged kits are expected to expand at the fastest CAGR of 8.0% from 2021 to 2028 due to the growing consumption of healthy meal alternative products that are healthy and contain less fat
  • The offline distribution channel held the largest share of over 80.0% in 2020as supermarkets offer significant advantages to consumers, such as the freedom of selection, lower prices, and the high visibility of international brands

Access Press Release@ https://www.grandviewresearch.com/press-release/north-america-packaged-salad-market-analysis

North America Packaged Salad Market Segmentation

Grand View Research has segmented the North America packaged salad market on the basis of category, product, processing, type, distribution channel, and country:

North America Packaged Salad Category Outlook (Revenue, USD Million, 2016 - 2028)

  • Branded
  • In-store/Private Label

North America Packaged Salad Product Outlook (Revenue, USD Million, 2016 - 2028)

  • Vegetarian
  • Non-vegetarian

North America Packaged Salad Processing Outlook (Revenue, USD Million, 2016 - 2028)

  • Organic
  • Conventional

North America Packaged Salad Type Outlook (Revenue, USD Million, 2016 - 2028)

  • Packaged Greens
  • Packaged Kits

North America Packaged Salad Distribution Channel Outlook (Revenue, USD Million, 2016 - 2028)

  • Online
  • Offline

North America Packaged Salad Country Outlook (Revenue, USD Million, 2016 - 2028)

  • US.
    • Florida
    • New York
    • Pennsylvania
    • Illinois
    • Ohio
    • Georgia
  • Canada
    • Quebec
    • British Colombia
    • Ontario
    • Alberta
    • Rest of Canada

List of Key Players of North America Packaged Salad Market

  • Earthbound Farm
  • Vegpro International Inc.
  • Dole Food Company, Inc.
  • Fresh Express Incorporated
  • BrightFarms
  • Eat Smart
  • Misionero
  • Gotham Greens Holdings, LLC
  • Mann Packing Co.
  • Bonduelle

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.

Thursday, 2 December 2021

Fire Protection System Market Size Is Expected To Reach USD 114.9 Billion by 2028

 Fire Protection System Market Growth & Trends

The global fire protection system market is expected to reach USD 114.9 billion by 2028, registering a CAGR of 6.8% over the forecast period, according to a study conducted by Grand View Research, Inc. Increasing adoption of wireless technology in the fire protection system, growing human and property loss owing to fire breakouts, and stringent fire safety regulations are projected to fuel the market. Increasing implementation of building safety codes and renovation projects is also anticipated to be a major factor influencing the market growth. The application and usage of fire protection systems are anticipated to increase continuously with the developments of commercial entities and corporations.

Furthermore, technology enhancements, such as extinguishing technology based on mist and products, such as laser optical/infrared smoke detectors, alarms with embedded voice evacuation announcements, hypoxic air fire suppression systems, and wireless fire alarm systems, are expected to gain traction in the market globally. Moreover, in 2020, the market was adversely affected due to the COVID-19 crisis, which has interrupted production, impacted demand, and caused supply chain disruption. The growing trend of integrating fire alarm and detection systems with building automation systems offers vast growth opportunities to the market.

Connectivity with building automation systems is increasingly becoming a major feature of fire protection systems in commercial, industrial, and residential applications. This can be attributed to the fact that such integration allows for the development of systems that are capable of sharing and gathering data, which can help in alerting individuals about fire safety issues in the premises. A notable rise in investments in smart building automation technologies across several regions is expected to lead to new opportunities for building automation systems in the industrial and commercial sectors.

Consumers in developed regions, such as Europe and North America, have seen a steady rise in demand over the past few years, and the growth trend is also projected to continue over the next few years. However, a lack of stringent regulations and the high cost of advanced fire protection systems have kept the markets in emerging countries largely untapped. Nevertheless, improving economic conditions in countries, including Brazil and India, are anticipated to boost the demand for fire protection systems over the forecast period.

Infrastructural development activities across the Asia Pacific region owing to the rising demand for new transport and utility infrastructure will drive demand. The high rate of urbanization is placing increased pressure on under-invested, weak city infrastructure. The consecutive rise in focus on new residential and infrastructural development projects is expected to propel the demand for fire protection systems across this region; thus, such factors fueling the fire protection system market growth.

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Fire Protection System Market Report Highlights

  • The fire detection product segment accounted for the largest revenue share in 2020 and is expected to retain the leading position over the forecast period
  • The maintenance services segment is anticipated to register the fastest CAGR over the forecast period
  • The demand for these services is often driven by new building construction activities, modernization activities, and demand for system upgrades
  • The commercial application segment led the market in 2020 and is expected to retain the leading position throughout the forecast period
  • Increasing investment by companies for reducing the loss of property & life and safeguarding the infrastructure across several applications is estimated to propel the product demand in the commercial sector
  • North America is projected to account for the majority share of the market by 2028. The increasing demand for smart buildings and intelligent houses, which deliver optimum safety and security is expected to drive the regional market growth

Access Press Release@ https://www.grandviewresearch.com/press-release/global-fire-protection-systems-market

Fire Protection System Market Segmentation

Grand View Research has segmented the global fire protection system market based on product, service, application, and region:

Fire Protection System Product Outlook (Revenue, USD Million, 2018 - 2028)

  • Fire Detection
  • Fire Suppression
  • Fire Response
  • Fire Analysis
  • Fire Sprinkler System

Fire Protection System Service Outlook (Revenue, USD Million, 2018 - 2028)

  • Managed Service
  • Installation & Design Service
  • Maintenance Service
  • Others

Fire Protection System Application Outlook (Revenue, USD Million, 2018 - 2028)

  • Commercial
  • Industrial
  • Residential

Fire Protection System Regional Outlook (Revenue, USD Million, 2018 - 2028)

  • North America
    • US.
    • Canada
  • Europe
    • Germany
    • UK.
  • Asia Pacific
    • China
    • India
    • Japan
  • Latin America
    • Brazil
    • Mexico
  • Middle East & Africa

List of Key Players of Fire Protection System Market

  • GENTEX Corp.
  • Siemens
  • Robert Bosch GmbH
  • Halma plc
  • Eaton

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.

Fetal Monitoring Equipment Market is Thriving $6.16 Billion Revenue by 2030: Grand View Research Inc.

  Fetal Monitoring Equipment Market Growth & Trends The global  fetal monitoring equipment market  size is anticipated to reach USD 6.16...