Downstream Processing Market Outlook, Leading Manufacturers, Industry Analysis And Forecast: Grand View Research Inc.

 Downstream Processing Market Growth & Trends

The global downstream processing market size is expected to reach USD 69.6 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 15.9% from 2021 to 2028. The capacity requirements during the development of biologic drugs have changed over the past few years, wherein the demand for manufacturing high-volume products has shifted to developing small-volume, high potency products. This creates new avenues for single-use technologies.

As adoption of small-scale, single-use systems for process development and downstream processing is already high, evolutionary changes are expected in the area of single-use technologies for manufacturing small-volume, highly potent drugs. The development of novel film chemistries, closed systems, automation in clinical-scale single-use systems, and smart sensors are some noteworthy advancements in the field.

A rise in applications of downstream processing for the manufacture of biopharmaceuticals is expected to bring growth opportunities to the market. This has also led to an increase in strategic deals and development in the market. For instance, in February 2021, Evozyne, LLC collaborated with a leading rare disorders drug manufacturer for the manufacture and marketing of novel biopharmaceuticals for immune modulation.

Request a free sample copy or view report summary: Downstream Processing Market Report

Downstream Processing Market Report Highlights

• Chromatography systems accounted for the largest revenue share of products owing to the high adoption of chromatography for biopharmaceutical purification
• The advent of single-use chromatography systems that bring an 80.0% reduction of the use of water and chemicals for buffer has further increased the adoption of chromatography for downstream processing of bio-therapeutics
• Filtersare anticipated to grow at a lucrative rate. Efforts taken by key players to develop intelligent membranes for purification and separation fuels this growth 
• Purification by chromatography accounted for the largest share of the global market, as it can be employed across all steps of a downstream process. The technique is also crucial in bioprocessing to obtain pure biologics  
• Solid-liquid separation is anticipated to grow at the fastest rate owing to the use of filtration and chromatography techniques for efficient separation 
• Antibioticproduction dominated the revenue generation in 2020 owing to the wide use of antibiotics for the treatment of a variety of clinical disorders including infectious diseases and cancer
• A rise in occurrences of antibiotic resistance also propels the industrial-scale development of novel antibiotic candidates
• North America dominated the regional segment in 2020 owing to the local presence of large in-house biopharmaceutical manufacturing facilities
• Asia Pacific registered the fastest growth rate owing to rise in contract development services in emerging Asian economies
• Key players are investing in the bioprocessing of vaccines and therapies for COVID-19 to increase their market share
• In October 2020, Thermo Fisher Scientific announced a USD 700 million investment in CAPEX to cater to COVID-related demand in the biopharma market

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

Downstream Processing Market Segmentation

Grand View Research has segmented the global downstream processing market on the basis of product, technology, application, and region:

Downstream Processing Product Outlook (Revenue, USD Million, 2017 - 2028)

• Chromatography Systems
• Filters
• Evaporators
• Centrifuges
• Dryers
• Others

Downstream Processing Technique Outlook (Revenue, USD Million, 2017 - 2028)

• Cell Disruption
• Solid-liquid separation
  • Filtration
  • Centrifugation
• Concentration
  • Evaporation
  • Membrane filtration
• Purification by Chromatography
• Formulation

Downstream Processing Application Outlook (Revenue, USD Million, 2017 - 2028)

• Antibiotic Production
• Hormone Production
• Antibodies Production
• Enzyme Production
• Vaccine Production

Downstream Processing Regional Outlook (Revenue, USD Million, 2017 - 2028)

• North America
  • US.
  • Canada
• Europe
  • Germany
  • UK.
  • France
  • Italy
  • Spain
• Asia Pacific
  • Japan
  • China
  • India
  • South Korea
  • Australia
• Latin America
  • Brazil
  • Mexico
• Middle East and Africa (MEA)
  • South Africa
  • UAE

List of Key Players of Downstream Processing Market

• GE Healthcare
• Merck KGaA
• Sartorius Stedim Biotech S.A.
• Thermo Fisher Scientific Inc.
• Danaher Corporation
• Repligen
• 3M Company
• Eppendorf AG
• Boehringer Ingelheim International GmbH
• Corning Corporation
• Lonza Group Ltd
• Dover Corporation
• Ferner PLC
• Ashai Kasei

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.

Corporate Wellness Market is Expected to Enhance USD 93.4 Billion Revenue By 2028: Grand View Research Inc.

 Corporate Wellness Market Growth & Trends

The global corporate wellness market size is expected to reach USD 93.4 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 7.0% from 2021 to 2028. Rising obese and overweight population increases insurance costs that account for the financial burden on the employers. The corporate wellness initiatives target particular health risk factors such as stress, obesity, smoking, poor eating, and lack of exercise.

The pandemic has caused a change in the process of delivering wellness services. Although in-person sessions have resumed to some extent, the virtual platform has been made available to at-risk employees to meet their psychological and fitness needs. Initially, the lockdown imposed due to COVID19 resulted in transition to work from home, causing a great deal of stress. 

Employers have started offering some kind of fitness program for the purpose of disease prevention and improve productivity. According to a study conducted by Harvard economists, absenteeism costs fall by USD 2.7 for every dollar spent on fitness programs. Therefore, employees need to be encouraged to adopt a healthier lifestyle to improve their performance.

Employers providing the programs have noticed a significant rise in productivity and a decline in leaves and attrition. In addition, companies in the U.K. initiated the Fit for Work service, which offers a tax benefit of USD 663.3 per year. Organizations are providing wearables, such as Fitbit, Apple watch, and Google watches, which helps in keeping track of parameters such as heart rate and blood pressure.

Request a free sample copy or view report summary: Corporate Wellness Market Report

Corporate Wellness Market Report Highlights

• The health risk assessment segment dominated the overall market in terms of revenue share in the year 2020. The health screening activities enable employers to implement strategic initiatives to deal with the identified health risks
• The stress management segment is likely to showcase the fastest growth rate from 2021 to 2028, owing to the rising preference for on-site yoga and meditation services
• Large scale organizations dominated the end use segment in the market in 2020. The infrastructure in large scale companies makes conducting fitness services easier and convenient
• North America dominated the market in terms of revenue share in 2020 due to popularity of corporate wellness in the region. According to a survey by Benefits Canada conducted on 1300 employers, North America had the highest number of corporate wellness programs. In this region, more than 80.0% of the employers are offering corporate wellness services to their employees
• Companies around the globe are modifying their corporate wellness strategies to meet the emerging public health crisis due to COVID 19, though the effect has been surprisingly positive

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

Corporate Wellness Market Segmentation

Grand View Research has segmented the global corporate wellness market on the basis of service, end-use, category, delivery model, and region:

Corporate Wellness Service Outlook (Revenue, USD Million, 2016 - 2028)

• Health Risk Assessment
• Fitness
• Smoking Cessation
• Health Screening
• Nutrition & Weight Management
• Stress Management
• Others

Corporate Wellness End-use Outlook (Revenue, USD Million, 2016 - 2028)

• Small Scale Organizations
• Medium Scale Organizations
• Large Scale Organizations

Corporate Wellness Category Outlook (Revenue, USD Million, 2016 - 2028)

• Fitness & Nutrition Consultants
• Psychological Therapists
• Organizations/Employers

Corporate Wellness Delivery Model Outlook (Revenue, USD Million, 2016 - 2028)

• Onsite
• Offsite

Corporate Wellness Regional Outlook(Revenue, USD Million, 2016 - 2028)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
  • France
  • Italy
  • Spain
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
• Latin America
  • Brazil
  • Mexico
• Middle East & Africa (MEA)
  • South Africa

List of Key Players of Corporate Wellness Market

• Medtronic (Covidien)
• ComPsych
• Wellness Corporate Solutions
• Virgin Pulse
• Provant Health Solutions
• EXOS
• Marino Wellness
• Privia Health
• Vitality Group
• Wellsource, Inc.
• Central Corporate Wellness
• Truworth Wellness
• SOL Wellness

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.

Cold Storage Market to Witness a Pronounce Growth During 2021 – 2028: Grand View Research Inc.

 Cold Storage Market Growth & Trends

The global cold storage market size is expected to reach USD 291.30 billion by 2028, according to a new study conducted by Grand View Research, Inc. It is projected to expand at a CAGR of 13.5% from 2021 to 2028. The retail sector in emerging economies, such as India and China, is getting more organized and this trend is expected to augment the demand for cold storage over the forecast period. Government policies to deregulate the entry of foreign companies have increased the Foreign Direct Investment (FDI) in the retail sectors of such regions.

Organized retail stores use better refrigeration and improved storage technology than traditional stores. Thus, consumers are increasingly purchasing frozen foods from these retail stores. With the increased demand for chilled and frozen foods and the rapidly expanding of the organized retail sector, the demand for cold storage solutions is expected to grow over the projected period. The organized retail supports different outlet formats depending on spending power and proximity from major residential and consumption clusters.

The offline mode of organized retailing is categorized into convenience stores, supermarkets, and hypermarkets based on the product range and surface coverage. On the other hand, the lack of power hook-ups for reefer trailers at transportation hubs and ports coupled with the lack of reliable power supply for cold warehouses further increases the operating costs.

However, this also offers opportunities for companies to develop unique solutions or leverage alternative energy sources that can overcome these issues in emerging markets. Furthermore, new transportation means, such as versatile refrigerated containers, are being developed to overcome the lack of adequate transportation facilities. These solutions can provide access to international markets and offer opportunities for farmers and small-scale businesses in these regions.

Request a free sample copy or view report summary: Cold Storage Market Report

Cold Storage Market Report Highlights

• Low carbon design, environmental auditing, and construction of energy-efficient cold storage warehouses are the factors anticipated to fuel the demand for cold storage
• Growing supermarket shopping culture and rising consumer preference towards private labels are the key factors for the expansion of food retail chains across the globe
• The frozen segment is anticipated to expand at a CAGR of 12.5%. The growth is attributed to the significant changes in living standards and food consumption behavior of consumers
• The processed food application is anticipated to witness a high CAGR of 16.7% over the projected period
• Having realized that the market for cold storage in Japan is increasingly being saturated, the cold storage operators in the country would be looking for opportunities to increase the international trade
• The key market players include Barloworld Limited (South Africa), VersaCold Logistics Services (Canada), Cloverleaf Cold Storage (U.S.), and Henningsen Cold Storage (U.S.)

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

Cold Storage Market Segmentation

Grand View Research has segmented the global cold storage market based on warehouse type, construction type, temperature type, application, and region:

Cold Storage Warehouse Type Outlook (Revenue, USD Billion, 2017 - 2028)

• Private & Semi-private
• Public

Cold Storage Construction Type Outlook (Revenue, USD Billion, 2017 - 2028)

• Bulk Storage
• Production Stores
• Ports

Cold Storage Temperature Type Outlook (Revenue, USD Billion, 2017 - 2028)

• Chilled
• Frozen

Cold Storage Application Outlook (Revenue, USD Billion, 2017 - 2028)

• Fruits & Vegetables
• Dairy
• Fish, Meat & Seafood
• Processed Food
• Pharmaceuticals

Cold storage Regional Outlook (Revenue, USD Billion, 2017 - 2028)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK.
  • France
  • Netherlands
• Asia Pacific
  • China
  • India
  • Japan
  • Singapore
• South America
  • Brazil
• Middle East & Africa (MEA)

List of Key Players of Cold Storage Market

• Americold Logistics, LLC
• Burris Logistics
• Barloworld Limited
• Cloverleaf Cold Storage
• Henningsen Cold Storage
• Swire Group
• Wabash National 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.

Food Processing Equipment Market Get Facts About Business Strategies 2021 to 2028: Grand View Research Inc.

 Food Processing Equipment Market Growth & Trends

The global food processing equipment market size is expected to reach USD 89.31 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.1% from 2021 to 2028. The changing lifestyle of people, increasing inclination toward nutritious food, and awareness about the health benefits of marine products are expected to surge the product demand over the coming years.

Population growth and rising disposable income, along with increasing urbanization, are expected to drive the consumption of processed foods, which, in turn, is expected to benefit the industry growth. Moreover, the governments of Middle Eastern countries are focusing on reducing their reliance on the petroleum sector and promoting investments in industries, such as construction, automotive, and food and beverage.

Farmed fish solutions for the marine industry had provided a convenient solution for the demand-supply imbalance. However, the industry witnessed a price hike for fresh and processed fish. The positive economic condition of the market and potential customers are some of the prominent factors that assure the prominent growth of the market over the forecast period.

Rising population, dietary shifts, and a rise in spending power influence the market growth, which exerts pressure on the industry to fulfill the ever-increasing demand of the world. In addition, the growing need for equipment in the wake of the rising consumption of processed foods in the developing economies in Asia Pacific is expected to drive the industry.

Request a free sample copy or view report summary: Food Processing Equipment Market Report

Food Processing Equipment Market Report Highlights

• By type, the processing equipment is expected to witness the fastest growth over the forecast period owing to the high demand for processed products and the increasing popularity of healthy and packaged food
• Based on mode of operation, the automatic processing equipment segment is expected to expand at the fastest CAGR of 6.9% from 2021 to 2028 owing to the high demand for technological development, growing use of automation, and strong research and development capabilities of market players
• The rise in demand for fast and packaged food is expected to compel manufacturers to expand their production capabilities, which is likely to trigger product demand over the forecast period
• The market in Brazil is expected to expand at a CAGR of 5.1% from 2021 to 2028 owing to the untapped opportunities and customer base
• Industry participants are adopting strategies, including distribution network expansion, new product developments, mergers & acquisitions, and partnerships, in order to gain a competitive edge in the industry

Access Press Release@ https://www.grandviewresearch.com/press-release/global-food-processing-equipment-market

Food Processing Equipment Market Segmentation

Grand View Research has segmented the global food processing equipment market on the basis of mode of operation, type, application, and region:

Food Processing Equipment Mode of Operation Outlook (Revenue, USD Billion, 2017 - 2028)

• Automatic
• Semi-automatic

Food Processing Equipment Type Outlook (Revenue, USD Billion, 2017 - 2028)

• Processing Equipment
• Pre-processing Equipment

Food Processing Equipment Application Outlook (Revenue, USD Billion, 2017 - 2028)

• Bakery & Confectionaries
• Meat, Poultry, & Seafood
• Beverage
• Dairy
• Fruit, Nut, & Vegetable
• Grains
• Others

Food Processing Equipment Regional Outlook (Revenue, USD Billion, 2017 - 2028)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK.
  • France
  • Italy
• Asia Pacific
  • China
  • India
  • Australia
  • Japan
  • South Korea
• Central & South America
  • Brazil
• Middle East & Africa
  • South Africa

List of Key Players of Food Processing Equipment Market

• GEA Group Aktiengesellschaft
• BAADER Group
• Bühler AG
• Marel
• Alfa Laval
• Tetra Laval International S.A.
• Krones AG
• The Middleby Corporation
• JBT Corporation
• SPX Flow Inc.

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.

Single-use Bioprocessing Market Size, Industry Share And Growth Analysis For 2021-2028: Grand View Research Inc.

 Single-use Bioprocessing Market Growth & Trends

The global single-use bioprocessing market size is expected to reach USD 51.9 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 16.0% from 2021 to 2028. The adoption rate and demand for single-use equipment have significantly increased in the past few years. This is due to the commercial advantages including cost and time-saving advantages associated with it, thereby driving the market.

The growing adoption of the equipment by in-house as well as contract biomanufacturers has spurred the investment flow in this space. Also, the market is witnessing notable advancements in various product portfolios such as stirring systems, bioreactor designs, disposable probes and sensors, and film technologies, thereby leading to strong revenue growth. Furthermore, the implementation of big data and machine-learning technologies exhibits great potential in advancing single-use-based biomanufacturing processes.

Several manufactures have begun shifting towards automation to ease the process and reduce cost margin. Besides, considering the improved efficiency of disposables in accelerating the biopharmaceuticals production, end-users are undertaking various initiatives to convert their bioprocessing unit into a single-use unit. This is anticipated to create lucrative opportunities for the operating technology and product supplier in the market during the forecast period.

Request a free sample copy or view report summary: Single-use Bioprocessing Market Report

Single-use Bioprocessing Market Report Highlights

• The simple and peripheral elements segment accounted for the largest revenue share in 2020 due to diversification of products as well as their frequent usage
• For instance, disposable probes and sensors are witnessing robust growth in terms of adoption within the biopharmaceutical industry, thereby driving the segment
• Furthermore, the introduction of single-use bags integrated with adapters, automation, tubing, ports, connectors, and sensors have attributed to the significant share of this segment
• The apparatus and plants segment is anticipated to grow at a significant pace owing to the expanding applications of products offered in this segment
• The flexibility offered by single-use bioreactor technology is one of the key factors driving investment in the segment
• Furthermore, the presence of a wide array of products for both upstream and downstream processing has resulted in the large revenue share of this segment
• Biopharmaceutical manufacturers are estimated as the largest key end-users of the market
• Facility expansion and increasing adoption of disposables by contract manufacturing organizations is playing a vital role in accelerating the biopharmaceutical manufacturing industry
• North America dominated the market owing to the presence of strong research as well as the commercial base for biopharmaceutical manufacturing
• Moreover, the U.S. is the largest biopharmaceutical market that has positively influenced the adoption of single-use technologies in the region
• The shifting focus of U.S.-based companies from conventional manufacturing practices to disposable manufacturing systems also drives regional growth
• Asia Pacific is estimated to witness the fastest growth with emerging markets such as China and Japan at the forefront
• Collaborations between domestic and global players for expansion of biomanufacturing capabilities is driving the market in the Asia Pacific
• Key companies are focusing on new product launches to sustain their position in the market

Access Press Release@ https://www.grandviewresearch.com/press-release/global-single-use-bioprocessing-market

Single-use Bioprocessing Market Segmentation

Grand View Research has segmented the global single-use bioprocessing market on the basis of product, workflow, end-use, and region:

Single-use Bioprocessing Product Outlook (Revenue, USD Million, 2017 - 2028)

• Simple & Peripheral Elements
  • Bags
  • Tubing, Filters, Connectors, & Transfer Systems
  • Sampling Systems
  • Probes & Sensors
    • pH Sensor
    • Oxygen Sensors
    • Pressure Sensors
    • Temperature Sensors
    • Conductivity Sensors
    • Flow Sensors
    • Other sensors
  • Others
• Apparatus & Plants
  • Bioreactors, By Capacity
    • Up to 1000L
    • Above 1000L to 2000L
    • Above 2000L
  • Filtration system
  • Mixing, Storage, & Filling Systems
  • Chromatography Systems
  • Pumps
  • Others
• Work Equipment
  • Cell Culture System
  • Syringes
  • Others

Single-use Bioprocessing Workflow Outlook (Revenue, USD Million, 2017 - 2028)

• Upstream
• Fermentation
• Downstream

Single-use Bioprocessing End-use Outlook (Revenue, USD Million, 2017 - 2028)

• Biopharmaceutical Manufacturer
  • CMOs & CROs
  • In-house Manufacturer
• Academic & Clinical Research Institutes

Single-use Bioprocessing Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of Key Players in Single-use Bioprocessing Market

• Thermo Fisher Scientific, Inc.
• Merck KGaA
• Sartorius AG
• Corning Incorporated
• Pall Corporation
• General Electric Company (GE Healthcare)
• Eppendorf AG
• Rentschler Biopharma SE
• Lonza
• Meissner Filtration Products, Inc.
• JM BioConnect
• Boehringer Ingelheim GmbH
• Infors AG
• PBS Biotech, Inc.
• Entegris, Inc.
• Danaher Corporation
• Kuhner AG
• Rentschler Biopharma SE

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.

Computer Aided Engineering Market Poised to Expand at a Robust Pace Over 2028

 

Computer Aided Engineering Market Growth & Trends

The global computer aided engineering market size is anticipated to reach USD 16.19 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 9.1% from 2021 to 2028. The rapid growth of the wearable industry is likely to increase the use of Computer Aided Engineering (CAE) software in the electronics industry. The major players in the market are in search of new sources for revenue as the smartphone market is in the maturity stage. As a result, the demand for wearable technology has increased the demand over the forecast period.

The growing penetration of the Internet of Things (IoT), tablets, and smartphones are expected to boost the CAE market growth. Owing to the growth of IoT, wearable devices, used in the fields of medicine, fitness, transportation, education, entertainment, and gaming, are increasing; paving way for the growth of the CAE market. Miniaturization of electronic devices and sensors and persuasive connectivity with lowered costs have immensely contributed to the growth of wearable technology devices.

Government regulations, mandating applications, such as collision avoidance, parking assistance systems, wireless communication technology, and interactive infotainment systems, in the upcoming car technologies to increase driver safety, are anticipated to raise the demand for CAE software. Additionally, technological advancements in the automotive sector, including driverless cars and semi-autonomous cars, are further anticipated to boost the industry demand.

The emerging new engineering modes such as 3D printing, building information modeling, concurrent engineering is likely to influence the CAE market. 3D printing is a form of additive manufacturing that allows the users to print any object as a 3-D image. The technology helps in reducing production costs and developing new methods of production. Ease of use and unlimited customization capabilities are the key factors driving the 3D printing market which is further expected to positively impact the market growth.

The prevailing open source software are anticipated to restrain the market growth over the forecast period. They are available for free on the web; however, the vendors charge for support, customization, and maintenance services. Linux has been leading the open architecture software market. Open-source software has been a boon for small software vendors, due to which, the large enterprises have been facing negative impacts. The major drivers of open source technology are the minor flaws and bugs that can be tested and fixed immediately.

Request a free sample copy or view report summary: Computer Aided Engineering Market Report

Computer Aided Engineering Market Report Highlights

• The intellectual property protection of software is crucial, as most modern manufacturing organizations rely on computer technology
• The computational fluid dynamics segment is anticipated to witness a high CAGR over the forecast period
• Testing and simulation are the important aspects of a design cycle that help the end-users in achieving profitability and faster time-to-market
• The on-premise segment dominated the market in terms of revenue in 2020 and is anticipated to remain dominant over the projected period
• Simulation software are used to analyze the effect of casing materials on IC performance, thermal management, and electrical signal performance
• The increasing adoption of lithium-ion batteries in consumer electronics application will also enhance the industry demand over the projected period
• The Asia Pacific and South America regions are poised to emerge as the lucrative regional markets over the forecast period with high CAGRs
• The key market players include Siemens AG, Exa Corporation, MSC Software Corporation, and ESI Group

Access Press Release@ https://www.grandviewresearch.com/press-release/global-computer-aided-engineering-cae-market

Computer Aided Engineering Market Segmentation

Grand View Research has segmented the global computer aided engineering market based on type, deployment model, end-use, and region:

CAE Type Outlook (Revenue, USD Million, 2017 - 2028)

• Finite Element Analysis (FEA)
• Computational Fluid Dynamics (CFD)
• Multibody dynamics
• Optimization & simulation

CAE Deployment Model Outlook (Revenue, USD Million, 2017 - 2028)

• On-premise
• Cloud-based

CAE End-use Outlook (Revenue, USD Million, 2017 - 2028)

• Automotive
• Defense & aerospace
• Electronics
• Medical devices
• Industrial equipment
• Others

CAE Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

List of the Key Players in the Computer Aided Engineering (CAE) Market

• ANSYS, Inc.   
• Altair Engineering
• Autodesk, Inc.
• Bentley Systems, Inc.
• Dassault Systemes
• ESI Group
• Exa Corporation
• Mentor Graphics Corporation (A subsidiary of Siemens AG)
• MSC Software Corporation (A subsidiary of Hexagon AB)
• Siemens AG

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.

Returnable Packaging Market Forecast 2028: Top Companies, Trends and Growth Factors Details for Business Development

 Returnable Packaging Market Growth & Trends

The global returnable packaging market size is expected to reach USD 153.35 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.7% from 2021 to 2028. Rapid industrialization, increasing trade activities, and rising demand for robust, long-term, and eco-friendly packaging for the transportation of finished and semi-finished goods in multiple end-use industries are expected to augment the growth of the market.

Returnable packaging consists of sturdy products, such as pallets, crates, IBCs, and drums and barrels, which are intended to use for multiple trips. These products are designed to withstand harsh handling within the supply chain, thus are made up of robust materials, such as polypropylene, high-density polyethylene, metal, and wood, which results in their high cost as compared to single-use packaging. However, returnable packaging is reused multiple times, which eliminates the recurring costs of packaging products and makes them lucrative in the longer term.

Globally, end-use companies or consumer brands are increasingly pledging to switch to reusable or recyclable packaging products owing to sustainability issues and to improve brand equity. Besides, growing favorable government regulations such as European Union’s Circular Economy Action Plan that focuses on sustainable practices are expected to favor the market growth in the coming years.

Flourishing e-commerce across the world is likely to augment market growth as the product distribution through e-commerce consists of extensive logistics, wherein returnable packaging products are used. Moreover, the growing pharmaceutical industry due to the rising elderly population and increasing chronic diseases, along with a surge in the personal care and cosmetic industry on account of the rising preference for natural or plant-based beauty products, is likely to drive the market significantly.

Request a free sample copy or view report summary: Returnable Packaging Market Report

Returnable Packaging Market Report Highlights

• Based on material, plasticaccounted for a share of 63.4% in terms of revenue in 2020 owing to the high adoption of plastic-based pallets, crates, and IBCs by end-use companies due to their durability, lightweight, low cost, and high-impact resistance
• By product, pallets led the market with a share of 57.2% in 2020 and are expected to witness significant growth from 2021 to 2028. This is attributed to the high adoption of pallets for material loading and unloading by multiple end-use industries
• Asia Pacific emerged as the leading regional market and accounted for 36.4% of the total revenue in 2020. The growing manufacturing sector in developing countries, such as China and India, owing to the low cost of production is boosting the growth of the regional market
• The market is moderately fragmented with the presence of a significant number of large and medium-sized companies. Key players are focusing on acquisitions and are incorporating novel tracking devices to efficiently track product movement throughout the supply chain

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

Returnable Packaging Market Segmentation

Grand View Research has segmented the global returnable packaging market on the basis of material, product, end use, and region:

Returnable Packaging Material Outlook (Revenue, USD Million, 2017 - 2028)

• Plastic
• Metal
• Wood

Returnable Packaging Product Outlook (Revenue, USD Million, 2017 - 2028)

• Pallets
• Crates
• IBCs
• Drums & Barrels
• Dunnage
• Others

Returnable Packaging End-use Outlook (Revenue, USD Million, 2017 - 2028)

• Food & Beverages
• Automotive
• Consumer Durables
• Healthcare
• Others

Returnable Packaging Regional Outlook (Revenue, USD Million, 2017 - 2028)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK.
  • France
  • Italy
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
• Central & South America
  • Brazil
• Middle East & Africa
  • South Africa

List of Key Players of Returnable Packaging Market

• Orbis Corporation
• Nefab Group
• Plastic Packaging Solutions Midlands & East Ltd.
• Tri-Pack Plastics Ltd.
• Amatech Inc.
• CHEP
• Celina Industries
• UBEECO Packaging Solutions
• RPR Inc.
• Schoeller Allibert

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.

Supply Chain Analytics Market Booming Trends and Forecast Assessment for the Period 2021 to 2028

 Supply Chain Analytics Market Growth & Trends

The global supply chain analytics market size is expected to reach USD 16.07 billion by 2028, registering a CAGR of 17.3% from 2021 to 2028, according to a new study by Grand View Research, Inc. The growing demand to manage the increasingly large volumes of business data and use insights derived from it for strategic applications are triggering the demand for supply chain analytics (SCA). The increasing awareness among enterprises about the benefits offered by supply chain analytics in improving visibility across the entire supply chain is instrumental in driving the demand for analytics solutions.

SCA solutions enable enterprises to achieve growth, enhance profitability, and increase market share by utilizing the derived insights in making strategic decisions. Improved visibility across the supply chain can help organizations enhance sustainability, reduce inventory cost, and accelerate the time-to-market for products in the long run. Factors such as shortening product life cycles, low visibility in traditional supply chains, ineffective supplier networks, elevated warehousing costs, redundant forecasts, and fluctuating customer demands necessitate supply chain optimization, thereby driving the market growth.

The increased availability of cloud-based SCA solutions has triggered their demand among small and medium enterprises owing to benefits such as easy deployment, shorter implementation window, effective use of IT resources, and flexibility and mobility offered by these solutions. Another notable trend in the market is the increased demand for risk analytics solutions across all industries. Risk analytics solutions address multiple issues associated with the supply chain by providing an analysis of scenario and sensitivity, stochastic optimization, and risk mitigation.

Improved effectiveness of business outcomes and cost-effectiveness of supply chain management resulting from the adoption of supply chain analytics is also expected to encourage the adoption of SCA solutions in several end-use applications. Demand is expected to remain strong across application areas such as retail and consumer goods, healthcare, and manufacturing. Moreover, the ability of supply chain analytics to enable effective and efficient management of end-to-end business processes is expected to propel the market growth over the forecast period.

Request a free sample copy or view report summary: Supply Chain Analytics Market Report

Supply Chain Analytics Market Report Highlights

• In terms of solution, the sales and operations analytics segment is anticipated to register considerable growth over the forecast period. This growth can be attributed to the growing use of machine learning in supply chain analytics solutions to dissect and aggregate data and produce predictive, descriptive, and prescriptive insights
• In terms of service, the professional segment dominated the market in 2020 and is expected to retain its dominance over the forecast period. The growing automation of professional services due to the adoption of big dataand analytics, coupled with the increasing demand for improved mobility among service consultants, is expected to drive the growth of the segment
• In terms of deployment, the cloud segment is anticipated to register the highest CAGR from 2021 to 2028. Cloud-based solutions allow businesses to access data across connected devices at any point, which increases the scope for customization and enables the implementation of analytical tools across multiple business channels.
• In terms of enterprise size, the large enterprise segment is anticipated to register promising growth over the forecast period. This growth can be attributed to the rising demand for robust monitoring solutions and automation capabilities for resource allocation and strategic decision-making across large organizations
• In terms of end use, the high technology product segment is expected to register a promising growth rate from 2021 to 2028. This growth can be attributed to the increasing demand for advanced technology products and the increasing import and export of these high technology products worldwide
• In terms of region, the North America region dominated in 2020. The regional market is expected to retain its dominance over the forecast period, chiefly owing to the presence of a large number of SCA service providers in the region

Access Press Release@ https://www.grandviewresearch.com/press-release/supply-chain-analytics-market-analysis

Supply Chain Analytics Market Segmentation

Grand View Research has segmented the global supply chain analytics market based on solution, service, deployment, enterprise size, end use, and region:

Supply Chain Analytics Solution Outlook (Revenue, USD Million. 2018 - 2028)

• Logistics Analytics
• Manufacturing Analytics
• Planning & Procurement
• Sales & Operations Analytics
• Visualization & Reporting

Supply Chain Analytics Service Outlook (Revenue, USD Million. 2018 - 2028)

• Professional
• Support & Maintenance

Supply Chain Analytics Deployment Outlook (Revenue, USD Million. 2018 - 2028)

• Cloud
• On-premise

Supply Chain Analytics Enterprise Size Outlook (Revenue, USD Million. 2018 - 2028)

• Large Enterprise
• Small & Medium Enterprises

Supply Chain Analytics End-use Outlook (Revenue, USD Million. 2018 - 2028)

• Retail & Consumer Goods
• Healthcare
• Manufacturing
• Transportation
• Aerospace & Defense
• High Technology Products
• Others

Supply Chain Analytics Regional Outlook (Revenue, USD Million. 2018 - 2028)

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

List of Key Players in the Supply Chain Analytics Market

• Accenture PLC
• Aera Technology
• Birst, Inc.
• Capgemini SA
• Genpact Limited
• International Business Machines Corporation
• JDA Software Group, Inc.
• Kinaxis
• Lockheed Martin Corporation
• Maersk Group
• Manhattan Associates, Inc.

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.

Gaskets And Seals Market to Reap Excessive Revenues By 2028

 Gaskets And Seals Market Growth & Trends

The global gaskets and seals market size is expected to reach USD 74.4 billion by 2028, registering a CAGR of 3.6% from 2020 to 2028, according to a new report by Grand View Research, Inc. Increasing demand for these products in fluid transfer applications in semi-conductor manufacturing is expected to drive the overall market growth.

Gaskets and seals are critical components in complex mechanical systems in the manufacturing sector to reduce environmental impact and prevent personal injuries due to fugitive emissions. Thus, the rising environmental concerns owing to industrial emissions, coupled with implications of stringent emission standards, is expected to positively influence the market growth.

Key industry participants are developing advanced engineered sealing solutions with a corrugated metal core combined with compressible sealing element of various materials. These products are hence suitable for use in harsh operating conditions such as corrosive chemicals, extreme temperature, and thermal cycling.Moreover, advanced sealing systems and components enhance the production efficiency and sustainability of plants, there enabling greater resource efficiency.

The industry exhibits a minimal threat of substitution due to unavailability of commercially viable alternatives for sealing solutions. However, rapidly rising penetration of Form-In-Place (FIP) gaskets in automotive and electronic manufacturing is expected to result in the internal substitution of their metal counterparts across applications.

Key industry participants are developing superior material technology, thereby enhancing their sealing product offering. In addition, they are employing competitive pricing strategies and are offering complete field support and engineering assistance to gain a competitive edge and maintain their stronghold in the market.

Request a free sample copy or view report summary: Gaskets And Seals Market Report

Gaskets And Seals Market Report Highlights

• The gaskets segment is expected to register the highest CAGR of 4.0% from 2020 to 2028 owing to the rising product demand in the chemical processing industry to address environment concerns regarding emissions and to enhance industrial efficiency
• Seals amounted to a revenue of USD 34.8 billion in 2018 due to high product demand in microelectronics and semi-conductor processing applications in the growing electrical and electronics industry
• The demand for gaskets and seals in the automotive industry is expected to value USD 25.2 billion by 2028 on account of their extensive use in the production and assembly of powertrain, chassis, exhaust manifolds, and other components
• The market in China makes the largest revenue contribution to the Asia Pacific gasket market, accounting for more than 55.0% of the share in 2018. This is mainly attributed to the extensive use of the product for automotive and electronics manufacturing
• The gaskets and seals market is characterized by the presence of numerous players exhibiting a vast logistics network featuring a notable number of distributors and service centers.

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

Gaskets And Seals Market Segmentation

Grand View Research has segmented the global gaskets and seals market on the basis of product, application, end use, and region:

Gaskets and Seals Product Outlook (Revenue, USD Million, 2017 - 2028)

• Gaskets
  • Metallic
  • Semi-metallic
  • Non-metallic
• Seals
  • Shaft Seals
  • Molded Packing & Seals
  • Motor Vehicle Seals
  • Others

Gaskets and Seals Application Outlook (Revenue, USD Million, 2017 - 2028)

• Automotive
• Electrical & Electronics
• Marine & Rail
• Industrial & Manufacturing
• Aerospace
• Oil & Gas
• Chemicals & Petrochemicals
• Others

Gaskets and Seals End-use Outlook (Revenue, USD Million, 2017 - 2028)

• OEMs
• Aftermarket

Gaskets and Seals Regional Outlook (Revenue, USD Million, 2017 - 2028)

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

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.