Market Trend Report

Global Market Trends, Overview, Industry Analysis & Research Report

Indoor Farming Market 2021: Size, Share, Trends, Analysis and Forecast 2026

According to latest report by IMARC Group, titled “Indoor Farming Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global indoor farming market size grew at a CAGR of around 12% during 2015-2020. Looking forward, IMARC expects the global indoor farming market to continue its strong growth during 2021-2026.

Indoor farming is one of the modern agriculture method for growing crops in a protected environment. The market is increasing due to the rising population across the globe with a consequent demand for building secure and consistent food supplies. Due to the dwindling vacancy of arable land and water for conventional agriculture, there is a surging demand of indoor farming as it is feasibly located closer to the end consumption.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Global Indoor Farming Market Trends:

The global scarcity of land for farming is one of the primary factors catalyzing the market for indoor farming. Explosive population and rising urbanization have directed the farmers to open indoor facilities closer to urban areas for creating a local, stable, and sustainable year-round food supply. Moreover, the increasing instances of natural calamities across the globe have raised concerns over food security, thereby augmenting the adoption of indoor agriculture to the affected nations. Furthermore, the rising integration of advanced technology in farming sensors, monitoring, and regulating devices in every cultivation aspect has further propelled the growth of the market. Additionally, the growing adoption of indoor farming techniques for producing organic fruits and vegetables will continue to drive market growth in the coming years.

Global Indoor Farming Market 2021-2026 Analysis and Segmentation:

Competitive Landscape with Key Player:

  • AeroFarms
  • Agricool
  • Agrilution Systems GmbH
  • AutoGrow Systems Ltd.
  • Bowery Farming
  • Bright Farms Inc. (Cox Enterprises, Inc.).
  • Freight Farms
  • FreshBox Farms
  • Garden Fresh Farms
  • Green Sense Farms Holdings, Inc.
  • Logiqs BV
  • Plenty Unlimited, Inc.
  • SananBio
  • Sky Greens
  • SPREAD Co., Ltd.
  • Urban Crop Solutions
  • Voeks Inc.

Breakup by Facility Type:

  • Greenhouse
  • Indoor Vertical Farms
  • Container Farms
  • Indoor Deep Water Culture
  • Others

Breakup by Crop Type:

Fruits, Vegetables and Herbs

  • Lettuce
  • Spinach
  • Kale
  • Tomato
  • Herbs
  • Bell and Chilli Peppers
  • Strawberry
  • Cucumber
  • Others

Flowers and Ornamentals

  • Annuals
  • Perennials
  • Ornamentals
  • Others

Others

Breakup by Component:

Hardware

  • Structure
  • LED Lights
  • HVAC
  • Climate Control System
  • Irrigation Systems
  • Others

 Software

  • Web-based
  • Cloud-based

Breakup by Growing System:

  • Aeroponics
  • Hydroponics
  • Aquaponics
  • Soil-based
  • Hybrid

Breakup by Region:

  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key Highlights of the Report:

  • Market Performance (2015-2020)
  • Market Outlook (2021-2026)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

Ask Analyst for Instant Discount and Download Full Report with TOC & List of Figure: https://www.imarcgroup.com/indoor-farming-market

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:
IMARC Group
30 N Gould St, Ste R
Sheridan, WY (Wyoming) 82801 USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

Global Plant Based Meat Market Outlook This Year to 2025: A Big Billion Opportunity for Investors

According to the latest report by IMARC Group, titled "Plant-Based Meat Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025," the global plant-based meat market size reached US$ 8.22 Billion by 2019. Plant-based meat is a vegan meat substitute that is designed to mimic the flavor, texture and appearance of conventional meat, including chicken, beef and pork. It is prepared by processing starch, edible oils, vegetable extracts, plant protein isolates and seasonings with additives, colorants and flavor-enhancing agents. Plant-based meat products are rich in protein, vitamins, minerals and other essential nutrients, and their consumption is associated with various health benefits, such as reduced chances of developing cardiovascular disorders (CVDs). As a result, they are widely utilized to replace animal proteins across numerous cafes, restaurants and fast food joints.

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Global Plant-Based Meat Market Trends:

The increasing inclination of the masses toward veganism is one of the primary factors driving the market growth. Furthermore, there is rising health-consciousness among individuals and awareness regarding the adverse health effects of excessive meat consumption. This has facilitated the adoption of vegan and vegetarian products significantly, including plant-based meat, in the daily diet. The market is further driven by the increasing concerns regarding animal welfare and protection and awareness campaigns led by numerous animal welfare organizations, such as People for the Ethical Treatment of Animals (PETA), to reduce animal killing and cruelty. Furthermore, various established fast food brands are now introducing vegetarian alternatives for their popular meat-based products, which is creating a positive outlook for the market. For instance, Burger King, an American-fast food restaurant chain, recently introduced the Impossible Whopper, a burger prepared with plant-based patty, which is gaining popularity among the masses. Strategic partnerships between various vegan meat-producing start-ups and prominent food manufacturers are acting as another major growth-inducing factor. Some of the other factors driving the market growth include rising consumer expenditure on food and product premiumization offered by key industry players in the market. On account of the aforementioned factors, the market is expected to grow at a robust rate during the forecast period (2020-2025).

 

Market Summary:

  • On the basis of the product type, the market has been divided into burger patties, sausages, nuggets and strips, ground meat, meatballs, and others. Among these, burger patties represent the most preferred product type.
  • Based on the source, the market has been classified into soy, wheat, peas and others, wherein soy is the dominant source of plant-based meat products.
  • On the basis of the meat type, chicken is the most preferred product, followed by beef, pork and other types of meat.
  • Based on the distribution channel, the market has been segmented into restaurants and catering industry, supermarkets and hypermarkets, convenience and specialty stores, and online retail. Restaurants and catering industry represents the dominant distribution channel in the market.
  • On the geographical front, the market has been segregated into North America (the United States and Canada), Europe (Germany, France, the United Kingdom, Italy, Netherlands, Sweden and others), Asia Pacific (China, South Korea, Australia and others), Latin America (Brazil, Mexico and others), and Middle East and Africa (Turkey, Saudi Arabia, the United Arab Emirates and others). Among these, North America holds the leading position in the market.
  • The competitive landscape of the market has been examined in the report with the detailed profiles of the key players operating in the market. Some of these players include Amy's Kitchen, Inc., Beyond Meat, Inc., Kraft Heinz Company, Conagra Brands, Inc., Impossible Foods Inc, Maple Leaf Foods Inc., Kellogg NA Co., Marlow Foods Limited, The Vegetarian Butcher, and VBites Foods Limited.

Ask Analyst and Download Full Report with TOC & List of Figure: https://www.imarcgroup.com/plant-based-meat-market

 

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

If you want to need latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

 

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us

IMARC Group
USA: +1-631-791-1145
Email: sales@imarcgroup.com
Websitehttps://www.imarcgroup.com
Follow us on twitter: @imarcglobal

Modular Instruments Industry Outlook, Overview and Research Report 2020-25 - IMARCGroup.com

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According to the latest report by IMARC Group, titled “Modular Instruments Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025,” the global modular instruments market size reached US$ 1.4 Billion in 2019. Modular instruments are devices used for configuring automated test and measurement (T&M) equipment, which assist in the designing, developing, maintaining, verifying and repairing of different electronic and mechanical products. These instruments have a frame in which different types and numbers of functional cards can be plugged. Modular instruments rely on a computer-user interface for connecting functional cards and accommodating input and output channels. They help in reducing costs and achieving longevity, faster output and greater flexibility, owing to which their demand is escalating worldwide.

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Global Modular Instruments Market Trends:

Modular instruments are employed in the electronics and semiconductor industries for testing components and devices at different stages of the manufacturing cycle and increasing the efficiency of electronic systems. Apart from this, on account of the advancements in long-term evolution (LTE) systems, boosting sales of smart devices and growing mobile data traffic, there is a rise in the requirement for advanced modular instruments for developing technologies, such as LTE-A, 4G and 5G. Furthermore, governments of numerous countries, especially in the emerging regions, are investing in the development of 4G and 5G infrastructure, which in turn is strengthening the modular instruments market growth. Other factors that are anticipated to bolster the market growth in the upcoming years include the increasing popularity of flexible electronics and the integration of connected devices with the Internet of Things (IoT). On account of these factors, the market value is projected to reach US$ 2.2 Billion by 2025, expanding at a CAGR of 7.9% during the forecast period (2020-2025).

Market Breakup by Platform Type:

  • PXI
  • AXIe
  • VXI

Market Breakup by Application:

  • Research and Development
  • Manufacturing and Installation

Market Breakup by Vertical Type:

  • Aerospace and defense
  • Automotive
  • Electronics and Semiconductor
  • Telecommunications
  • Others

Market Region Summary:

Region-wise, the market has been classified into North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others); Latin America (Brazil, Mexico and others); and Middle East and Africa.

Competitive Landscape with Key Player:

The competitive landscape of the market has been examined, with some of the key players being

  • AMETEK Inc.
  • Astronics Corporation
  • Cobham Plc
  • Fortive Corporation
  • JDS Uniphase Corporation
  • Keysight Technologies
  • National Instruments Corporation
  • Pickering Interfaces Ltd.
  • Premier Measurement Solutions Pvt Ltd.
  • Rohde & Schwarz GmbH & Co KG
  • Scientech Technologies Pvt. Ltd.
  • Teledyne LeCroy Inc.
  • Teradyne Inc.
  • Viavi Solutions Inc.
  • Yokogawa Electric Corporation

Ask Analyst for Instant Discount and Download Full Report with TOC & List of Figure: https://www.imarcgroup.com/modular-instruments-market

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US

IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801 USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

 

Top Abrasives Market Manufacturers in USA

The global abrasives market reached a value of US$ 43.5 Billion in 2019. By 2025, the market value is projected to reach US$ 59.7 Billion, registering a CAGR of 5.4% during 2020-2025. As per the analysis by IMARC Group, the top abrasives companies are focusing on the development of polyester- and fabric-based abrasives for wooden products. They are also undertaking extensive research and development (R&D) activities to introduce the next generation of non-woven abrasives in the market with minimal smearing issues, enhanced versatility and faster cut-rate.

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The growing automotive industry across the globe is one of the key factors driving the growth of the market. Abrasives are extensively used in the manufacturing of automotive components, including mirrors, valve springs, fuel and de-aeration tanks, and in modifying operating parameters, such as minimizing carbon emissions and lowering the noise levels. Furthermore, the growing adoption of super-abrasives such as industrial diamonds for precision grinding and cutting of hard metals is also providing a boost to the market. Additionally, the rapid growth of the electronics and manufacturing industries in the emerging nations is acting as another growth-inducing factor. Abrasives are utilized to scrape the metal in small amounts to manufacture semiconductors and other electronic equipment with precision and consistency. Moreover, various product innovations, such as the development of polyester- and fabric-based abrasives for wooden products, along with advanced coated abrasives for metal fabrication, are further creating a positive outlook for the market. Looking forward, IMARC Group expects the market to reach a value of US$ 59.7 Billion by 2025, registering a CAGR of 5.4% during 2020-2025.

List of Top Abrasives Market Manufacturers:

  • Robert Bosch GmbH
  • Dupont de Nemours, Inc.
  • Fujimi Incorporated
  • Compagnie De Saint-Gobain S.A.
  • Henkel AG & Company, KGaA
  • 3M Company
  • Asahi Diamond Industrial Co., Ltd.
  • Carborundum Universal Limited
  • Tyrolit Group
  • Nippon Resibon Corporation
  • Krebs & Riedel Schleifscheibenfabrik GmbH & Co. KG
  • Abrasiflex Pty Ltd.
  • Noritake Co. LIMITED
  • Deerfos Co. Ltd.
  • Sankyo-Rikagaku Co., Ltd.

About IMARC Group: IMARC Group is a leading market research and consulting company that offers management strategy and market research worldwide. The company has done multiple projects on the abrasives industry, which has enabled clients to set up and expand their businesses successfully. Some of the company’s offerings include:

  • Market Research
  • Plant setup
  • Plant Expansion
  • Marketing and sales
  • Procurement and Distribution
  • Innovation and Product Development

Medical Tourism Market Manufacturers by Top Healthcare Industry

According to IMARC Group, the global medical tourism market size reached US$ 46 Billion in 2019. Leading healthcare providers in the global medical tourism industry are currently focusing on providing innovative medicines and improved healthcare services to patients. Besides this, they are also offering comprehensive medical tourism packages to patients, which include all travel-related services ranging from ticket booking to accommodation and medical insurance. Furthermore, governing agencies of numerous countries have implemented stringent regulations to promote the growth of the medical infrastructure. This, in confluence with extensive research and development (R&D) activities, is anticipated to provide lucrative opportunities for leading healthcare providers across the globe. Looking forward, the market is expected to grow at a CAGR of around 8% during 2020-2025.

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The numerous benefits offered by the medical facilities in certain countries, including personalized care, modern devices, innovative medicines and latest technologies, represent the primary factor propelling the global medical tourism industry. These advancements have prompted Individuals to travel from developing to developed economies for receiving medical treatment of improved quality. They are also seeking medical care for rare conditions, including stem-cell transplants and gender-reassignment operations, that are not available in their home country.

List of Top Medical Tourism Companies:

  • Aditya Birla Health Services Limited
  • Apollo Hospitals Enterprise Limited
  • Asian Heart Institute & Research Centre Pvt. Ltd.
  • Barbados Fertility Center
  • BB Healthcare Solutions Ltd.
  • Fortis Healthcare Limited
  • Healthbase
  • KPJ Healthcare Berhad
  • Prince Court Medical Centre Sdn Bhd
  • Samitivej Hospital Group
  • Seoul National University Hospital
  • UZ Leuven

About IMARC Group: IMARC Group is a leading market research and consulting company that offers management strategy and market research worldwide. The company has done multiple projects on the global medical tourism market, which has enabled the clients to set up and expand their businesses successfully. Some of the company’s offerings include:

  • Market Research
  • Plant setup
  • Plant Expansion
  • Marketing and sales
  • Procurement and Distribution
  • Innovation and Product Development

Mattress Market Manufacturers: Single, XL, Full or Double, King, Queen and Twin Size

The global mattress market reached US$ 30.3 Billion in 2019. Looking forward, the market is further expected to exhibit moderate growth during 2020-2025. As per the analysis by IMARC Group, the top mattress companies are introducing customization options to allow customers to modify the thickness, firmness and size of the mattress according to their height, weight and other dynamics. Besides this, with the rising environmental concerns, manufacturers have started utilizing natural raw materials, such as wool, natural latex and organic cotton, for producing mattresses that are eco-friendly and free from chemically processed components.

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The market is primarily being driven by the rapid growth in real estate and healthcare sectors across the globe. Owing to the increasing construction of residential complexes, there is a significant rise in the demand for various home furnishings, such as mattresses, pillowcases and bed linens. Furthermore, growing instances of back and posture-related problems caused by uncomfortable sleeping surfaces is also providing a boost to the market growth. Consequently, there is widespread adoption of airbeds, waterbeds and foam-based mattresses that offer superior comfort through even distribution of pressure and body weight, thus allowing the spine to relax while sleeping. Additionally, product innovations, such as the introduction of organic and customizable mattresses, are acting as another growth-inducing factor. Manufacturers are utilizing natural and environment-friendly raw materials, including wool, natural latex and organic cotton for the production of mattresses that are free from chemically processed components. Other factors, including rapid urbanization and aggressive promotional activities by manufacturers, along with the development of the online retail channels, are projected to drive the market further. Looking forward, the market value is projected to reach US$ 44.0 Billion by 2025, expanding at a CAGR of 6.2% during the forecast period (2020-2025).

List of Mattress Market Manufacturers:

  • Kingsdown Inc.
  • Kurlon Enterprise Ltd.
  • Leggett & Platt Incorporated
  • Paramount Bed Co. Ltd.
  • Sealy Corporation
  • Serta Inc.
  • Simmons Bedding Company LLC
  • Sleep Number Corporation
  • Southerland Inc.
  • Spring Air Company
  • Tempur Sealy International Inc.

About IMARC Group: IMARC Group is a leading market research and consulting company that offers management strategy and market research worldwide. The company has done multiple projects on the mattress industry, which has enabled clients to set up and expand their businesses successfully. Some of the company’s offerings include:

  • Market Research
  • Plant setup
  • Plant Expansion
  • Marketing and sales
  • Procurement and Distribution
  • Innovation and Product Development

Wireless Power Transmission Market 2020-25 Featuring Player Energous Corporation, Humavox, Renesas Electronics Corporation, Leggett & Platt

According to the latest report by IMARC Group, titled "Wireless Power Transmission Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025," the global wireless power transmission market witnessed double-digit growth during 2014-2019. Wireless power transmission (WPT) is the technology that enables the transferring of electrical energy from a power source to a device without the requirement of wires as a physical link. WPT uses microwaves, solar cells and resonance to transmit time-varying electromagnetic field from the source to the receiver device. The transmitter coil is powered by alternating current (AC), which generates the magnetic field that further induces a voltage in the receiver coil. The elimination of interconnecting wires consequently improves the mobility and safety of electronic devices for users.

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Request Free Sample Report: https://www.imarcgroup.com/wireless-power-transmission-market/requestsample

Global Wireless Power Transmission Market Trends:

The market is primarily driven by the increasing uptake of consumer electronics on the global level. This, along with the growing awareness regarding the benefits offered by WPT technology among the masses, has contributed to the escalating demand for effective and low maintenance wireless charging systems for laptops, smartphones and digital cameras. The WPT technology is also being utilized in the robotics and defense sectors to be used in the hassle-free operations of robots and drones. The market is further driven by the rising demand for smart charging systems for electric vehicles (EVs). EVs that are integrated with in-motion (dynamic) and inductive WPT charging systems require the use of smaller batteries that aid in reducing carbon emissions and improving the overall efficiency of the automobiles. Facilitated by an enhanced focus on sustainable development, this is expected to provide an impetus to the market growth. Furthermore, governments of numerous countries are heavily investing in the adoption of WPT technology for improving their existing power distribution systems. The employment of the technology is expected to reduce the overall costs of electricity transmission across the globe significantly. This, coupled with the rising installation of WPT-based smart grids, is anticipated to create a positive outlook for the market. On account of the aforementioned factors, the market is expected to exhibit strong growth during 2020-2025.

Market Summary:

  • On the basis of the type, the market has been bifurcated into devices with battery and without battery.

Market Breakup by Technology:

  • Near-Field Technology
    • Inductive
    • Magnetic Resonance
    • Capacitive Coupling/Conductive
  • Far-Field Technology
    • Microwave/RF
    • Laser/Infrared

Market Breakup by Implementation:

  • Aftermarket
  • Integrated

Market Breakup by Receiver Application:

  • Smartphones
  • Tablets
  • Wearable Electronics
  • Notebooks
  • Electric Vehicles
  • Robots
  • Others

Market Breakup by End-User:

  • Consumer Electronics
  • Automotive
  • Healthcare
  • Defense
  • Power Generation
  • Others

Market Regional Summary:

On the geographical front, the market has been segregated into North America (the United States and Canada), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia and others), Latin America (Brazil, Mexico and others), and Middle East and Africa.

Competitive Landscape with Key Player:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players. Some of these players include:

Ask Analyst for Instant Discount and Download Full Report with TOC & List of Figure: https://www.imarcgroup.com/wireless-power-transmission-market

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

If you want to need latest primary and secondary data (2020-2025) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US

IMARC Group
30 N Gould St, Ste R
Sheridan, WY (Wyoming) 82801 USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

$ 1,351 Million GCC In-Vitro Diagnostic Devices Industry Outlook, Overview and Opportunity 2020-25 - IMARCGroup.com

According to the latest report by IMARC Group, titled “GCC In-vitro Diagnostic Devices Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025,” the GCC in-vitro diagnostic devices market size reached US$ 969 Million in 2019. In-vitro diagnostic (IVD) devices refer to medical instruments that are used to perform tests using biological samples, such as blood, urine or tissue, taken from the human body. They are available in a wide variety, ranging from simple tests to sophisticated DNA analyzers, including calibrators, kits, software, reagents, control materials and other related instruments. IVD devices play a vital role in the GCC healthcare industry as they are crucial in the diagnosis of various medical conditions and infections, and monitoring drug therapies.

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GCC In-vitro Diagnostic Devices Market Trends:

The growing spread of the coronavirus disease (COVID-19) in the GCC countries has significantly boosted the market growth, as the World Health Organization (WHO) has listed two IVD tests for emergency use during the pandemic. These tests include the cobas SARS-CoV-2 Qualitative assay and Real-Time PCR Coronavirus (COVID-19). Additionally, the rising incidences of chronic diseases and the growing geriatric population are further driving the demand for IVD devices. As per the WHO, about 60% of deaths in the GCC countries are caused due to non-communicable diseases, such as diabetes, cancer and cardiovascular dysfunction. This has compelled governments of GCC countries to take initiatives to improve the healthcare services in the region. Some of these initiatives are aimed at investing in improved IVD devices, which are more accurate and efficient in executing diagnostic tests. This, along with the expanding insurance coverage under national health insurance programs, such as the Mandatory Health Insurance (MHI) schemes, to provide better and easy access to diagnostic devices, are boosting the sales of IVD devices across the region. Owing to these factors, the market value is projected to reach US$ 1,351 Million by 2025, expanding at a CAGR of 5.6% during 2020-2025.

Market Breakup by Type:

  • Hospital-Based Centers
  • Diagnostics Chains
  • Standalone Centers
  • Patient Self-Testing
  • Academic Institutes

Amongst these, in-vitro diagnostic devices are majorly used in hospital-based centers.

Market Breakup by Application:

  • Infectious Diseases
  • Diabetes
  • Blood Test
  • Nephrology
  • Cardiology
  • Oncology
  • Autoimmune Diseases

Market Region Summary:

Region-wise, Saudi Arabia exhibits a clear dominance in the market. Other major regions include the United Arab Emirates, Kuwait, Qatar, Oman and Bahrain. The competitive landscape of the market has been examined in the report with the detailed profiles of the key players operating in the industry.

Ask Analyst for Instant Discount and Download Full Report with TOC & List of Figure: https://www.imarcgroup.com/gcc-in-vitro-diagnostic-devices-market

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

If you want to need latest primary and secondary data (2020-2025) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

IMARC Group
30 N Gould St, Ste R
Sheridan, WY (Wyoming) 82801 USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

Savory Snacks Industry Outlook, Overview, Opportunity and Research Report 2020-2025 - IMARCGroup.com

According to the latest report by IMARC Group, titled "Savory Snacks Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025," the global savory snacks market grew at a CAGR of around 5% during 2014-2019. Savory snacks are food products that are characterized by rich, salty or spicy flavor. They are widely consumed as a snack and food item during social gatherings and celebrations. These foods are either baked or fried and are made from a variety of ingredients, including corn, potatoes, oats, grains, nuts, oil, seeds, vegetables, wheat, tapioca and rice. They are also seasoned with salt, spices, garlic powder, pepper and small quantities of sugar. A rich source of fibers, minerals and vitamins, they are widely preferred by the masses due to their long shelf life and convenience of usage. Some of the most common savory snacks are potato chips, salted biscuits, tacos, tortillas, nachos and pretzels.

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Global Savory Snacks Market Trends:

The global market is primarily driven by the increasing demand for convenient food products across the globe. This, in confluence with the rising trend of on-the-go snacking, especially among the youth and working professionals, is contributing to the market growth. This can be attributed to changing dietary preferences, and hectic lifestyles of the masses, which have bolstered the sales of ready-to-eat food products, such as savory snacks, across the globe. Along with this, the rising health-consciousness among individuals has led manufacturers to introduce healthier and value-added product variants with reduced fat and calorie content. These snacks are also fortified with natural, organic and gluten-free ingredients due to which they are widely gaining popularity worldwide. The growing preference for meat-based snacks, such as lean beef or turkey, along with their easy availability across numerous retail outlets, is acting as another major growth-inducing factor. Furthermore, extensive research and development (R&D) activities by key players have led to the launch of snacks with experimental flavors in an effort to expand their product portfolio. Some of the other factors contributing to the market growth include advancements in production facilities and the rapid expansion of organized retail and e-retail portals across the globe. On account of the aforementioned factors, the market is expected to exhibit moderate growth during 2020-2025.

Market Breakup by Flavor:

  • Roasted/Toasted
  • Barbeque
  • Spice
  • Beef
  • Others

Market Breakup by Product:

  • Potato Chips
  • Extruded Snacks
  • Nuts and Seeds
  • Popcorn
  • Meat Snacks
  • Others

Market Breakup by Category:

  • Baked
  • Fried
  • Others

Market Breakup by Distribution Channel:

  • Supermarkets/Hypermarkets
  • Specialty Stores
  • Online Stores
  • Convenience Stores
  • Others

Competitive Landscape Key Player:

  • Arca Continental
  • Calbee
  • Conagra Brands
  • General Mills
  • Hain Celestial
  • Haldiram's
  • Intersnack
  • ITC Limited
  • Kellogg's, Kraft Foods (Kraft Heinz)
  • Lamb Weston
  • Mondelez International Inc (Kraft Foods)
  • Oberto Snacks Inc. (Premium Brands Holdings)
  • PepsiCo Inc.

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

If you want to need latest primary and secondary data (2020-2025) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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Global Chemical Logistics Market Outlook 2020: Overview, Opportunity, Outlook and Forecast 2025

According to the latest report by IMARC Group, titled "Chemical Logistics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025," the global chemical logistics market is currently witnessing strong growth. Chemical logistics include various services that aid in transporting raw materials and final products pertaining to the chemical industry to numerous consumer centers and companies. These services aid in closely monitoring procurement while planning and implementing various supply chain-related activities. They offer comprehensive value-added solutions, along with proper management of resource procurement, material flow, distribution services, and warehouse and storage. They ensure special care in handling, transporting, and storing chemical goods to prevent safety hazards, including combustion, contamination, and spoilage. They also assist in the transportation of hazardous substances with or without temperature controls while complying with safety standards. Apart from this, carrier management, employee training courses and long-term quality checks form essential components of the logistics system.

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Global Chemical Logistics Market Trends:

The global market is primarily driven by significant growth in the chemical industry. A reliable and efficient logistics system is the most crucial component of the industry as they enable easy adaptation to the continually evolving market changes and trends. This, in turn, creates a need for efficient chemical logistics solutions, which is creating a positive outlook for the market. Apart from this, there has been an increasing requirement for modernized green warehouses in order to run sustainable business operations efficiently. This is supported by the enhanced focus on sustainable development and the growing concerns for energy conservation. Furthermore, the market is driven by the growing preference for automation across the chemical industry, including its logistics operations. As a result, several players are adopting smart technology and digital tools to facilitate functions with enhanced efficiency, productivity and convenience. They are continually integrating their systems with robotics, smart sensors and the Internet of Things (IoT) to streamline the overall supply chain processes, which is expected to drive the market further. Some of the other factors contributing to the market growth include rising concerns regarding product security and safety in the chemical industry and extensive research and development (R&D). On account of the aforementioned factors, the market is expected to register a CAGR of around 6% during 2020-2025.

Market Breakup by Type:

  • Rail
  • Road
  • Pipeline
  • Sea
  • Others

Market Breakup by Service:

  • Transportation
  • Warehousing
  • Others

Market Region Summary:

On the geographical front, the market has been segregated into North America (the United States and Canada), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia and others), Latin America (Brazil, Mexico and others), and Middle East and Africa.

The competitive landscape of the market has been examined in the report with the detailed profiles of the key players. Some of these players include:

  • Agility Public Warehousing Company KSCP
  • BDP International Inc.
  • H. Robinson group
  • Schenker AG
  • Deutsche Post AG
  • DSV Panalpina Group
  • FedEx Corporation
  • Montreal Chemical Logistics
  • SCHNEIDER NATIONAL CARRIERS INC
  • Univar Solutions Inc

Ask Analyst for Instant Discount and Download Full Report with TOC & List of Figure: https://www.imarcgroup.com/chemical-logistics-market

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

If you want to need latest primary and secondary data (2020-2025) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US

IMARC Group
30 N Gould St, Ste R
Sheridan, WY (Wyoming) 82801 USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

Drilling and Completion Fluids Industry Overview, Outlook and Research Report to 2020-2025

According to the latest report by IMARC Group, titled “Drilling and Completion Fluids Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025,” the global drilling and completion fluids market is currently witnessing strong growth. Drilling and completion fluids facilitate oil and gas production and exploration. Drilling fluids, or drilling mud, are viscous fluid mixtures added to the wellbore to transport solids and stabilize exposed rock formations by coating the walls. An effectively planned and maintained drilling-fluid system significantly increases the penetration rate when drilling and protects the reservoir from damage. On the other hand, completion fluids are solids-free liquids used to “complete” an oil or gas well. They improve well productivity by minimizing damage to the producing zone, and help prepare, repair and clean out the wellbore during the completion phase.

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Global Drilling and Completion Fluids Market Trends:

Over the years, the demand for drilling and completion fluids has escalated as they deliver superior performance, resulting in lower well costs. Apart from this, increasing investments in shale gas exploration have led to a rise in the adoption of drilling and completion fluids, as they help in controlling the pressure in the wellbore, prolong the life of the drilling equipment by reducing friction and associated heat, and facilitate final operations before the production phase. Moreover, governments of various nations are undertaking favorable initiatives to promote the utilization of sustainable drilling and completion fluids. In line with this, market players are developing recyclable and biodegradable variants of completion and drilling fluids. Along with this, the utilization of nanotechnology in the development of high-performance fluids has significantly contributed to the growth of the market. Looking forward, the market is projected to expand at a CAGR of around 5% during 2020-2025.

Market Breakup by System Type:

  • Water-Based
  • Oil-Based
  • Synthetic Fluid-Based
  • Other

Market Breakup by Well Type:

Market Breakup by Application:

  • Onshore
  •  

Market Region Summary:

Region-wise, the market has been segmented into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Indonesia, Australia and others), Europe (Germany, Italy, the United Kingdom, France, Russia, Spain and others), Latin America (Brazil, Mexico and others), and Middle East and Africa.

The competitive landscape of the market has also been examined with some of the key players being:

  • Baker Hughes Company
  • CES Energy Solutions
  • Chevron Phillips Chemical
  • Drilling Fluids & Chemicals Limited
  • Halliburton Company
  • National Oilwell Varco Inc.
  • Newpark Resources Inc.
  • Q'Max Solutions Inc.
  • Sagemines
  • Schlumberger
  • Scomi Group Berhad
  • Secure Energy Services Inc
  • Tetra Technologies Inc
  • Weatherford International

Ask Analyst for Instant Discount and Download Full Report with TOC & List of Figure: https://www.imarcgroup.com/drilling-completion-fluids-market

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US

IMARC Group
30 N Gould St, Ste R
Sheridan, WY (Wyoming) 82801 USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

$5.7 Billion Aramid Fiber Industry Overview, Outlook and Research Report to 2020-2025 - IMARCGroup.com

The latest report by IMARC Group, titled “Aramid Fiber Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025,” finds that the global aramid fiber market size reached US$ 3.5 Billion in 2019. Aramid fibers are a class of high-performance organic polymers made up of aromatic polyamides. They comprise rigid polymer chains that provide these fibers their characteristic high strength-to-weight ratio, abrasion resistance, and structural rigidity. On account of these favorable properties, aramid fibers have gained preference as a raw material in the manufacturing of products such as fishing and golf rods, bows, skis and wall materials of airplanes.

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Global Aramid Fiber Market Trends:

Aramid fibers offer low flammability, resistance against heat and organic solvents, and can be made waterproof when combined with other materials like epoxy. Owing to these properties, they are utilized in an array of equipment, ranging from body armor, fire protection clothes and bulletproof vests to vehicle armor, military helmets, protective gloves, and fireproof suits for firefighters. In the construction industry, the demand for aramid fibers has escalated as they are employed in the manufacturing of fiber-reinforced concrete and corrosion-resistant thermoplastic pipes, which help in extending the life of the pipeline and reducing the overall maintenance costs. Other than this, they are used in the production of aerospace components, such as primary wings, fuselage structures in new-generation aircraft, trailing edge panels and landing gear doors. Moreover, the leading manufacturers are engaging in extensive research and development (R&D) activities to produce high-quality aramid fibers at a lower cost. Owing to these factors, the market value is projected to reach US$ 5.7 Billion, exhibiting a CAGR of around 8% during 2020-2025.

Market Breakup by Product Type:

  • Meta
  • Para
  • Other

Market Breakup by Application:

  • Protective Fabrics
  • Frictional Materials
  • Optical Fibers
  • Tire Reinforcement
  • Rubber Reinforcement
  • Composites
  • Others

Market Breakup by End-User:

  • Aerospace and Defense
  • Automotive
  • Electronics and Telecommunication
  • Sports Goods
  • Others

Market Region Summary:

Region-wise, the market has been segmented into North America (the United States and Canada), Asia Pacific (China, Japan, India, Indonesia, South Korea, Australia and others), Europe (Germany, France, the United Kingdom. Russia, Spain, Italy and others), Latin America (Brazil, Mexico and others), and Middle East and Africa.

The competitive landscape of the market has been examined, with some of the key players being:

  • Teijin limited
  • DuPont de Nemours Inc.
  • Yantai Tayho Advanced Materials Co. Ltd.
  • Hyosung Corporation
  • Toray Industries Inc.
  • Kolon Industries Inc.
  • Huvis Corporation
  • China National Bluestar Group Co Ltd.
  • Taekwang Industrial Co. Ltd.
  • JSC Kamenskvolokno
  • Guangdong Charming Co. Ltd

Ask Analyst for Instant Discount and Download Full Report with TOC & List of Figure: https://www.imarcgroup.com/aramid-fiber-market

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

If you want to need latest primary and secondary data (2020-2025) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US

IMARC Group
30 N Gould St, Ste R
Sheridan, WY (Wyoming) 82801 USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

Real-Time Location Systems (RTLS) Industry Outlook, Overview and Forecast Research Report 2020-2025 - IMARCGroup.com

According to the latest report by IMARC Group, titled "Real Time Location System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025," the global real time location system market is currently exhibiting strong growth. The Real Time Location System (RTLS) is widely used for accurately identifying and tracking the location of an item or person within a building or other contained area in real time. The system employs chips attached to or embedded in the assets that aid in communicating with the location sensors placed throughout the confined space. Some of the other components used in the system include readers, battery-powered tags, network infrastructure and application software. These systems are extensively utilized for numerous applications, including navigation, and vehicle, inventory and personnel tracking, across the healthcare, hospitality, and automobile industries for improving efficiency and safety while reducing overall costs.

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Global Real Time Location System Market Trends:

The global market is primarily driven by the increasing utilization of RTLS in the healthcare sector. These systems are widely used for tracking patients, healthcare professionals, medical equipment and hospital staff efficiently. They also play an instrumental role across multiple hospitals and other healthcare establishments during an emergency evacuation procedure. Along with this, the increasing use of gaming and communication applications require continual access to user information, which is acting as a major growth-inducing factor. The market is further driven by the growing utilization of RTLS in warehouses, retail stores and correctional facilities to determine the live location of the assets and locating misplaced items. These systems are further employed in the automobile industry for navigational purposes and optimizing routes, which is expected to create a positive outlook for the market. Numerous technological advancements and an extensive focus on research and development (R&D) activities conducted by manufacturers are some of the other factors contributing to the market growth. On account of the aforementioned factors, the market is projected to grow at a CAGR of around 25% during 2020-2025. 

Market Breakup by Component:

  • Hardware
  • Software
  • Services

Market Breakup by Technology:

Market Breakup by Application:

  • Inventory/Asset-Tracking and Management
  • Personnel/Staff-Locating and Monitoring
  • Access Control/Security
  • Environmental Monitoring
  • Yard
  • Dock
  • Fleet Warehouse-Management and Monitoring
  • Supply Chain Management
  • Operational Automation/Visibility
  • Others

Market Breakup by Vertical:

  • Healthcare
  • Manufacturing and Automotive
  • Retail
  • Transportation and Logistics
  • Government and Defense
  • Education
  • Oil and Gas
  • Mining
  • Sports and Entertainment
  • Others

Market Region Summary:

On the geographical front, the market has been segregated into North America (the United States and Canada), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia and others), Latin America (Brazil, Mexico, Argentina, Columbia, Chile, Peru and others), and Middle East and Africa (Turkey, Saudi Arabia, Iran, the United Arab Emirates and others).

The competitive landscape of the market has been examined in the report with the detailed profiles of the key players. Some of these players include:

  • Stanley Black & Decker Inc.
  • AiRISTA Flow Inc.
  • Alien Technology LLC
  • AXCESS International
  • CenTrak, Inc.
  • Decawave Ltd
  • Ekahau
  • IDENTEC GROUP Corporation
  • Impinj Inc.
  • Savi Technology
  • Sonitor IPS Holding AS
  • TeleTracking Technologies Inc.
  • Ubisense Ltd.
  • Zebra Technologies Corporation.

Ask Analyst for Instant Discount and Download Full Report with TOC & List of Figure: https://www.imarcgroup.com/real-time-location-system-market

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.


Contact Us

IMARC Group
USA: +1-631-791-1145
Email: sales@imarcgroup.com
Websitehttps://www.imarcgroup.com
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Submersible Pumps Industry Outlook, Overview and Forecast Research Report 2020-2025 - IMARCGroup.com

According to the latest report by IMARC Group, titled “Submersible Pumps Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025,” the global submersible pumps market size reached US$ 10.7 Billion in 2019. Also known as an electric submersible pump (ESP), a submersible pump is designed for being immersed in a well, tank or container. It pushes water to the surface from its submerged position by converting rotary energy into pressure energy. Its motor is encased in oil-filled compartments that do not have contact with the substance they are pumping. It is efficient, conserves energy and prevents the formation of vapor cavities in a liquid. Consequently, it finds application in irrigation, water treatment and oil extraction across the globe.

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Global Submersible Pumps Market Trends:

The market is experiencing growth on account of the escalating demand for oil and gas in the industrial, transportation and residential sectors across the globe. Due to a significant decline in the availability of oil reserves, there is a rise in the utilization of submersible pumps to conduct extraction activities in deep-sea reserves. Moreover, a surge in the demand for efficient wastewater and sewage management systems is strengthening the market growth. Apart from this, governments of numerous countries are implementing policies to recycle wastewater, manage sewage and provide safe drinking water on account of the growing environmental concerns. Furthermore, the increasing utilization of the Internet of Things (IoT) for in-depth monitoring, data capturing, and remote access are impacting the market growth positively. Looking forward, the market value is projected to grow at a CAGR of 7% during the forecast period (2020-2025).

Market Breakup by Type:

  • Open well
  • Borewell
  • Non-Clog.

Market Breakup by Operation:

  • Single
  • Multi-Stage.

Market Breakup by Power Rating:

  • Low
  • Medium
  • High

Market Breakup by Application:

  • Water and Wastewater
  • Mining and Construction
  • Pulp and Paper
  • Energy and Power
  • Food and Beverages
  • Chemicals and Pharmaceuticals
  • Others

Market Region Summary:

Region-wise, the market has been classified into North America (the United and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia and others); Europe (the United Kingdom, Germany, France, Italy, Spain, Russia and others); Latin America (Brazil, Mexico and others); and Middle East and Africa.

The competitive landscape of the market has been examined, with some of the key players being:

  • Atlas Copco Group
  • Flowserve Corporation
  • Grundfos Holding A/S
  • ITT Goulds Pumps Inc.
  • Kirloskar Brothers Limited
  • KSB SE & Co. KGaA
  • Schlumberger N.V.
  • Sulzer Ltd.
  • Weir Group Plc.
  • Wilo SE
  • Xylem Inc

Ask Analyst and Download Full Report with TOC & List of Figure: https://www.imarcgroup.com/submersible-pumps-market

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

If you want to need latest primary and secondary data (2020-2025) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US

IMARC Group
30 N Gould St, Ste R
Sheridan, WY (Wyoming) 82801 USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

Heat Exchangers Market Size, Share, Demand, Growth, Industry Outlook and Forecast 2020-25 - IMARCGroup.com

According to the latest report by IMARC Group, titled "Heat Exchanger Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025," the global heat exchanger market is currently witnessing strong growth. A heat exchanger refers to a device that is designed to transfer heat from one medium to another. It consists of a solid wall of a thermally conductive tube or plate to prevent the mixture or direct contact of the two mediums. It is widely used for effectively controlling the temperature of a system or substance. Consequently, heat exchangers are widely used in air conditioning systems for removing the heat from a given room and transferring it to the outside air. Apart from this, they also find extensive applications in boilers, furnaces, refrigerators, power stations, sewage treatment plants and automotive radiators.

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Global Heat Exchanger Market Trends:

The global market is primarily driven by the increasing installations of heat, ventilation and air-conditioning (HVAC) systems across the globe, especially in developing countries. Altering climatic conditions, inflating disposable incomes and changing lifestyle patterns have collectively contributed to the increased uptake of HVAC systems from the industrial, commercial and residential sectors. Heat exchangers form an indispensable component of these systems, thereby providing a thrust to the market growth. Apart from this, these devices are also used as a key component in the power generation sector. Rapid industrialization, rising requirement for uninterrupted power supply and the renovation of the existing power plants are boosting the sales of heat exchangers. Product innovations and extensive research and development (R&D) have led to the introduction of cost-effective and efficient product variants, which is acting as another major growth-inducing factor. In addition to this, stringent government regulations to reduce carbon emissions from various industries and growing applications in petroleum refinery industries for maintaining optimum temperature, are also creating a positive outlook for the market. On account of the aforementioned factors, the market is expected to expand at a CAGR of around 6% during 2020-2025.

Market Breakup by Material:

  • Carbon Steel
  • Stainless Steel
  • Nickel
  • Others

Market Breakup by Type:

  • Shell & Tube
  • Plate & Frame
  • Air Cooled
  • Others

Market Breakup by Application:

  • Chemical
  • Petrochemical and Oil & Gas
  • HVAC and Refrigeration
  • Food & Beverage
  • Power Generation
  • Paper & Pulp
  • Others

On the geographical front, the market has been segregated into North America (the United States and Canada), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia and others), Latin America (Brazil, Mexico, Argentina, Columbia, Chile, Peru and others), and Middle East and Africa (Turkey, Saudi Arabia, Iran, the United Arab Emirates and others).

The competitive landscape of the market has been examined with the detailed profiles of the key players. Some of these players include

Competitive Landscape Key Players:

  • Alfa Laval
  • API Heat Transfer Inc.
  • Danfoss
  • General Electric Company
  • Hisaka Works
  • IHI Corporation
  • Johnson Controls
  • Kelvion Holding GmbH
  • Koch Industries
  • Lytron Inc.
  • Mersen
  • Modine Manufacturing
  • Royal Hydraulics
  • Sondex A/S
  • Xylem Inc

Ask Analyst for Instant Discount and Download Full Report with TOC & List of Figure: https://www.imarcgroup.com/heat-exchanger-market

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us

IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800 |
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800