Monthly Archives: July 2021

Low Power Wide Area Network Market Forecast to Reach 2.5 Billion by 2026

Introduction of Industry 4.0 Technologies Fuel the Growth of IoT Smart Technology Frameworks Which in Turn Drives the Growth of LPWAN Market.

Hyderabad, INDIA – July 22, 2021 /MarketersMedia/

The Global Low Power Wide Area Network Market is forecast to reach $2.5 billion by 2026, growing at a CAGR of 12.7% from 2021 to 2026. The market growth is attributed to the factors such as increased adoption of IoT, M2M systems, increased need for long-range connectivity between these systems, rising penetration of 5G and other wireless technology and others. Moreover, the exponential growth in smart city infrastructure is expected to stimulate development in the market.

Owing to the introduction of cloud-based technologies, demand for the financial analytics system is growing. Cloud driven technologies support stable data management and produce result-oriented production. However, these programs improve the efficiency of the business by upgrading details in real-time. The rising deployment of Narrowband IOT and Sigfox technologies in Wireless Sensor Networks will also propel the market growth.

Low Power Wide Area Network Market Segment Analysis – By Technology type

NB-IoT technology type segment is anticipated to hold the highest growth rate at 15.1% during the forecast period 2021-2026. The increasing ecosystem of the IoT network will create demand for networks that can provide access to IoT devices that need low latency and low data transmission speeds, such as smart water metres. NB-IoT technology increases the power efficiency of these instruments and satisfies the challenging specifications for coverage.

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Low Power Wide Area Network Market Segment Analysis – By Deployment Model

Cloud deployment model held the highest market share of Low Power Wide Area Network in 2020 at 53% share. Moreover, it is anticipated to witness the significant market growth during the forecast period 2021-2026. Customers choose cloud services for fast integration of the IoT and wireless networks. Enterprises can significantly reduce the timeline for deployment by following the cloud deployment model and handling cloud-enabled LPWAN servers and gateways with ease.

Low Power Wide Area Network Market Segment Analysis – By Geography

North America region held the highest market growth in 2020 at 37%. The market growth is attributed to the factors such as technological advancements, increasing demand for energy efficient devices and increasing demand for high speed communication in the region. The region also has a well-established infrastructure which allows easy implementation of advanced technologies and provides better connectivity.

North America, which has prominently taken the lead on various technological developments such as smart homes, smart cities, Internet of Things (IoT), big data and consumer electronics; has emerged as the nucleus for Low Power Wide Area Network market demand. Moreover, APAC region is anticipated to witness the significant market growth during the forecast period 2021-2026. The market growth is owing to growing digitization, industrialisation technological developments, growing data centres and others.

Digitization provides fresh opportunities for exploiting emerging technology and adapting quickly to developments in the industry, with network infrastructure serving a significant role. Furthermore, the introduction of Industry 4.0 technologies fuel the growth of IOT smart technology frameworks which in turn drives the market growth of LPWAN.

Low Power Wide Area Network Market Drivers

Rising penetration of 5G

Globally, internet usage has increased, as well as the growing use of modern wireless technologies. Advanced broadband infrastructure including 3G, 4G and 5G is anticipated to be commonly adopted in the future. In most areas of the world service networks in telecommunications are continuously developing. Technological advancements including secure phone communications, mission crucial LTE, sophisticated terrestrial trunked radio networks and others is anticipated to boosts the market growth.

Growing implementation of IOT

IoT helps products and services to be more customized. This mean that the products and services can be much more oriented on the desires and expectations of the consumer. IoT helps businesses to collect large volumes of consumer data in real time, enabling a more personal view of the client. Thus, LPWAN technologies such as NB-IOT are being increasingly deployed in wireless sensor networks, remote monitoring and other IOT use cases.

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Low Power Wide Area Network Market Challenges

Security concerns

Security represents an IoT communication challenging task. Owing to its long range communication and relatively limited transfer time, IoT broadens the attack scope. -Each system inside the network is a potential vulnerability point and each hardware has its own protection mechanism to ensure safe communication.

Low Power Wide Area Network Market Landscape

Partnerships and acquisitions along with product launches are the key strategies adopted by the players in the Low Power Wide Area Network market. As of 2020, the market for Low Power Wide Area Network market is consolidated with the top players including Link Labs, Ingenu, LORIOT, Nwave, Orange, Qualcomm, Semtech, Senet, Sigfox, Vodafone, WavIoT, and Verizon and among others.

Acquisitions/Technology Launches/Partnerships

In February 2019, Haxiot, the industry leader in LoRaWANTM-based end-to – end IoT solutions , announced the release of its new edge computing solution that enables seamless integration with industrial gateway vendors such as Technologic Systems to provide connectivity, device management, wireless Low Power Wide Area ( LPWA) data transformation.

In February 2019, XTERCONNECT announced today the launch of a new range of professional LoRaWANTM gateways. The flagship models GTW410-L and GTW410-L4G are advanced professional indoor gateways engineered to meet the growing needs of the LPWAN market.

Key Takeaways

Low Power Wide Area Network (LPWAN) is quickly evolving as a game-changer in IOT applications, particularly for NB-IOT assessing most of the cellular network’s limitations (e.g., high power, coverage gaps). LPWAN has specific features that render it especially appealing for the rising number of implementations around numerous industries, including infrastructure, logistics and transport, agriculture and smart cities.

North America region dominated the global Low Power Wide Area Network market in 2020 owing to the presence of advanced technologies, large number of manufacturers and the increasing demands for better connectivity network.

About IndustryARC: IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to sales@industryarc.com to discuss more about our consulting services.

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Source URL: https://marketersmedia.com/low-power-wide-area-network-market-forecast-to-reach-25-billion-by-2026/89038013

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Release ID: 89038013

Travel and Hospitality AI Market Estimated to Surpass $1.2 Billion Mark by 2026

Virtual Reality Creating Opportunities in Travel, Tourism & Hospitality Sectors Are Driving the Growth of Travel and Hospitality AI Market

Hyderabad, India – July 22, 2021 /MarketersMedia/

The Travel and Hospitality AI Market is estimated to surpass $1.2 billion mark by 2026 growing at an estimated CAGR of more than 9.7% during the forecast period 2021 to 2026. Most hotels and resorts rely heavily on delivering excellent customer service to build their reputation and AI technology can assist with this in a wide variety of different ways ranging from improving personalisation, tailoring recommendations and guaranteeing fast response times, even in the absence of staff.

The turmoil in Corona (COVID-19) has had a big influence on the hospitality and travel industry. (Partial) lockdowns and travel bans have been placed in effect by several nations. Many competitions have been postponed, including the UEFA EURO 2020, the Olympic Games and the ITB Berlin, the world’s biggest travel trade show. A large amount of corporate activities and vacation outings have had to be delayed or cancelled due to work uncertainties and business limitations.

Travel and Hospitality AI Market Segment Analysis – By Type

Transportation segment held the highest market share in 2020 and it is anticipated to witness significant market growth during the forecast period 2021-2026 with a CAGR of 9.15%. The transportation industry is becoming leaner, quicker, tech-enabled, and data-driven. Leveraging AI in transportation helps the sector increase passenger safety, reduce traffic congestion and accidents, lessen carbon emissions, and also minimize the overall financial expenses. The capacity for artificial intelligence to perform tasks that have traditionally required human cognitive function has made it especially useful for those in the travel industry, because deploying AI can save businesses time and money, while potentially eliminating human error and allowing tasks to be performed quickly, at any time of the day.

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Travel and Hospitality AI Market Segment Analysis – By Solution Type

Latest surveys estimate that “Smart Hospitality” is projected to rise by more than 25% by 2021. Robots delight consumers by offering unexpected services, keeping customers involved on an ongoing basis, generating a fresh and exciting environment in the minds of customers. Robots in the hotels offer assistance to clients by leading them to their hotel rooms, delivering their baggage to their rooms, maintaining housekeeping facilities, serving food & snacks. Thus, Robotics continually improve Customer loyalty & Customer experience by delivering innovative services and offer assistance in hospitality facilities. With a growth in the number of travellers, it is important for service providers to distinguish themselves from overly customised offerings while keeping visitors’ tastes in mind.

Travel and Hospitality AI Market Segment Analysis – By Geography

Geographically, APAC region is anticipated to witness the most significant market growth during the forecast period 2021-2026 with a CAGR of 9.89%. This market growth is attributed to various factors including rapid infrastructure development across airports, seaports, railroads, hotels, highways, and others coupled with incorporation of advanced technologies such as Artificial Intelligence, Internet of things, Block-chain and others.

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Travel and Hospitality AI Market Drivers

Facial Recognition regulating Travel Facilities

Technologies including facial recognition offer hassle-free check-ins at airports and all other stations without any review of documentation by the immigration service, customs department, and so on. This app for facial recognition not only offers hassle-free check-ins but also provides visitors with digital privacy and enforcement through the use of blockchain technology. The travel process for clients supported by these technology leverages a positive impact on market growth. Not only are airlines improving customer service with self-service capabilities.

Virtual reality creating opportunities in travel, tourism & hospitality sectors

There is a substantial difference between the consumers’ perceptions of the service and the current service offered by the service providers. Customers at a distance appear to be oblivious of the tourist locations and the travel experience of that destination. Customers would like to observe the journey & discovery of the tourist destinations before heading to the tourist spots. This is accomplished by looking for useful information on the Internet in the form of consumer feedback, among others. Technology of Virtual Reality (VR) produces a simulated world that gives a virtual reality experience. In the interactive realm of 3D, the client encounters the environment to a great degree. The key limitations between the client and the service provider are solved by this technology.

Travel and Hospitality AI Market Challenges

Data Safety and Security Issues

This significant concern about the implementation of AI in some of the main fields, such as financial management and security apparatus, is a continuing problem. For instance, the use of Blockchain technologies in facial recognition applications guarantees data protection and security. Some countries are still hesitant to use facial recognition technology due to privacy and data security concerns.

Travel and Hospitality AI Market Landscape

Product launches, acquisitions, and R&D activities are key strategies adopted by players in the Travel and Hospitality AI Market. Amadeus IT, mTrip, Lemax, CRS Technologies, Navitaire, Sabre Corp., Qtech Software, Tramada Systems, Travelport International and others are considered to be the key players of the Travel and Hospitality AI Market.

Acquisitions/Technology Launches/Partnerships

In July 2019, Ford Motor Company and Volkswagen AG revealed that through a strategic partnership with Argo AI, they are collaborating on autonomous vehicle technologies in the U.S. and Europe in a synergistic effort to stay successful in the evolving transportation environment.

In January 2018, credit card giant American Express acquired travel-oriented chatbot provider Mezi and folds it into its patented card-holders travel tool AskAmex.

Key Takeaways

As a direct result of Covid-19, enterprises are advancing their plans to digitize and automate parts of their business not just to achieve better operational efficiencies, but to protect themselves from disruptions. This has been particularly prevalent in the travel sector.

Latest surveys estimate that “Smart Hospitality” is projected to rise by more than 25% by 2021. Robots delight consumers by offering unexpected services, keeping customers involved on an ongoing basis, generating a fresh and exciting environment in the minds of customers.

This significant concern about the implementation of AI in some of the main fields, such as financial management and security apparatus, is a continuing problem.

About IndustryARC: IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to sales@industryarc.com to discuss more about our consulting services.

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Source URL: https://marketersmedia.com/travel-and-hospitality-ai-market-estimated-to-surpass-12-billion-mark-by-2026/89038016

Source: MarketersMedia

Release ID: 89038016

Isomalt Market Anticipated to Grow Rapidly During 2031 with Major Key Players

2021 Analysis and Review: Isomalt Market by Form – Powder and Syrup for 2021 – 2031

Dubai, United Arab Emirates – July 22, 2021 /MarketersMedia/

 Isomalt is anti-cariogenic, due to which it does not promote tooth decay. It is considered to have several health benefits, which is expected to spur isomalt sales. As per a study by Future Market Insights (FMI), the isomalt market is expected to surpass US$ 900.5 Mn in 2021.

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Oral bacteria cannot convert isomalt into decay-causing acids easily. Thus, acidic condition that leads to demineralization does not develop after isomalt consumption, as compared to the one that occurs after eating normal sugar. Regulations by the Food and Drug Administration (FDA) allow manufacturers of sugar-free isomalt-based products to make health claim- ‘Does not support dental caries’ if those products do not reduce plague PH less than 5.7 upto 30 minutes after consumption. This safety property is fuelling the demand for isomalt.

While isomalt have application across various industries, the beverages sector will account for maximum sales registered in the market. The demand from beverages sector is expected to rise at above 7% CAGR, sealing its dominance among end users between 2021 and 2031. Meanwhile, isomalt obtained from conventional sources will continue registering high sales, however, increasing focus on greater health benefits will tip scales in favour of organic isomalt.

Regionally, Europe will continue leading the market through the course of the forecast period. The presence of several leading manufacturers will give tailwinds to growth registered by the Europe market.

Key Takeaways from the Isomalt Market Study:

Despite a period of subdued growth amid COVID, isomalt market will continue expanding at a positive CAGR of 6.1% between 2021 and 2031
Rising incidence of diabetes has been spurring sales in the U.S., pushing it to account for nearly 90% of the North America market
While Europe continues dominating the global market, EU-4 countries will account for maximum isomalt sales through the forecast period
The U.K. will emerge as a highly lucrative market for isomalt, registering over 7% CAGR, after a period of decelerating isomalt sales in 2020
China will account for maximum shares of sales recorded in isomalt due to greater focus on health and wellness among consumers in the country

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“Increasing applications of isomalt across diverse industries will result in market growth. In order to gain edge amid competition, manufacturers are launching new products with isomalt as a key ingredient. Isomalt is used to make various products such as confectionery, sugar confectionery, dairy products, bakery products, sports drinks, and others. Due to its low calorie content, isomalt is being increasingly used in various infant nutrition formulas and pharmaceutical products. .” Said a lead analyst at FMI

Plant-based Isomalt Gaining Popularity

 Nowadays, people are inclined towards consumption of vegan products. According to SPINS report, U.S. retail sales of plant-based food grew 11.4% last year to US$ 5 Bn. People are shifting from use of animal products due to rising concerns, such as personal health and animal welfare. Isomalt is extracted from the plant sources such as beet, peaches, berries and hence is finding space in shelves of the consumers that are opting for plant-based diets and healthier food options.

Who is winning?

Some of the leading companies offering isomalt are BENEO GmbH, Cargill, Inc., Merck KGaA, Baolingbao Biology Co., Ltd., Akhil Healthcare Pvt Ltd, SINO Food Ingredients (SINOFI), KF Specialty Ingredients, Wilmar BioEthanol, Deiman SA de CV, Quadra Chemicals Ltd, S. A. Pharmachem Pvt. Ltd, and others

Manufacturers of isomalt are focusing on offering products through various online retailers to reach large consumer base. Food products are mainly perishable, and food and beverage products have to meet the quality expected by buyers and must comply with regulations. Isomalt, owing to its resistance to moisture, has a good shelf life. Therefore, it can be sold without deterioration. Making products easily available can boost the number of consumers purchasing a product. Several manufacturers are moving towards online channels with an aim to sell their products globally. This is helping them to increase their sales and growing their businesses.

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Get Valuable Insights into Isomalt Market 

Future Market Insights, in its new offering, provides an unbiased analysis of the Isomalt market presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the Isomalt market based on product type (Isomalt Isolate, Isomalt Concentrate), By Application ( Nutritional Beverages, Clinical Nutrition, Bakery, Meat Product, Nutritional Powders and Bars, Protein Fortification, Dairy Beverages, Supplements, Infant Nutrition, Dairy Products, Cheese, Coffee), and By Distribution Channel (B2B, and B2C) across seven major regions.

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Industrial UPS Market Estimated to Surpass $7.4 Billion Mark by 2026

Growing Smart Grids and Smart Meters Will Further Bolster the Industrial UPS Market

Hyderabad, India – July 22, 2021 /MarketersMedia/

The Industrial UPS Market is estimated to surpass $7.4 billion mark by 2026 growing at an estimated CAGR of more than 4.9% during the forecast period 2021 to 2026. The Industrial UPS Market is taking a leap towards further alliance on a global scale. Growing pervasiveness throughout the countries like U.S for more sensitive electronic products which are easily damaged by power outages, spikes and other power inconsistencies is one of the driving factor for the growth of Industrial UPS Market in American countries. The proliferation of sensitive electronic devices such as devices used in home computers to offices, factories and the need of UPS to maintain the inconsistencies in the power supply is further analyzed to provide opportunities for the Industrial UPS Market.

Industrial UPS Market Segment Analysis – By Topology

Online UPS segment dominates the Industrial UPS Market however frozen segment is set to grow at the fastest rate of 7.2%. The online UPS is the most advanced and most costly UPS. The inverter is continuously providing clean power from the battery to the computer equipment as it never receives power directly from the AC outlet. Online or double-conversion UPS is designed to deliver continuous protection against power problems as an emergency power generator. A standby UPS, also known as off-line or line-preferred UPS and are generally small in size, efficient, and easy to use and typically provide basic features of a UPS providing surge protection, automatic voltage regulation and battery backup.

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Industrial UPS Market Segment Analysis – By Application

In the past few years, Industrial UPS Market grew at rapid rate resulting from huge investments by colocation and cloud service providers. Factors such as digitization and Internet of Things have resulted in huge spending by the service providers on UPS systems to expand footprints by meeting the growing demand for computations. This has complemented huge growth rates in larger three phase power ratings UPS that are often used by colocation and cloud service providers.

Industrial UPS Market Segment Analysis – By Geography

Though the demand for the uninterrupted power source is incessantly coming from all over the world, the Asia-Pacific region (China and Japan) is currently generating the most substantial chunk, with a global demand share growing to 36.4% in 2020. The entry barrier in the UPS industry is very low and any power generator company can enter this market. This resulted in the stiff competition for UPS providers.

Industrial UPS Market Drivers

Growing penetration of industrial M2M communications

The ongoing wave of fourth industrial revolution, Industry4.0, enables machine-to-machine, machine-to-infrastructure and machine-to-human communication. With the rise in deployment of technologically advanced machines in various industries, the demand for power backup is increasing at a rapid space for uninterrupted communication between machines. The data exchanged in this communication is crucial for business operation, thus, UPS are being increasingly installed to serve as a backup power to the data storage and transmission system in the machines and infrastructure. New innovation in infrastructure technologies coupled with customer demand for more automated and self-controlled appliances will result for growth of M2M communications.

Demand for fully automated grid and smart meters will further bolster the Industrial UPS Market

For socio economic development, energy is the foundation block. A significant gap has been identified between installed energy generation capacity, demand for energy and the population growth rate across various parts of globe. To cope with the pressure of growing population, many countries across world has adopted smart metering programs and full automated grids. Smart meters generates petabytes of data over current drawn, readings, power factor, damage, pilferage and other parameters. Smart meters is also integrated with the ICT architecture to send signal or readings directly to the grid. So if there is a power failure, the meter won’t be able to send any notifications to utility. Thus there is the need for backup energy supply. So growing smart grids and smart meters will further bolster the Industrial UPS Market.

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Industrial UPS Market Challenges

Lack of Awareness of UPS Capabilities

The Industrial UPS Market is highly competitive and mature. To address this challenge, manufacturers constantly needs to upgrade their product to more technology advanced products which further meets the continuously changing demand of the end user. The major concern is to launch the new technology in the market to showcase its merits and benefits. So from the manufacturer’s perspective, the prime challenge will be to educate the market and the end user about the product.

Industrial UPS Market Landscape

Product launches, acquisitions, and R&D activities are key strategies adopted by players in the Industrial UPS Market. PC-Schneider, Legrand, Socomec, ABB, Eaton Corp, Vertiv, General Electric, Delta Electronics, Reillo UPS, and Huawei are considered to be the key players of the Industrial UPS Market.

Acquisitions/Technology Launches/Partnerships

In January 2021, France-headquartered Legrand group’s UPS brand in India, Numeric, announced the launch of its 3 Phase modular UPS, Keor MOD. The company said the product is designed to meet the needs of the IT, ITeS, data centres, infrastructure and healthcare industry.

In June, 2019 Fuji Electric Co., Ltd launched the 7400WX-T3U, a high-capacity uninterruptible power supply system to strengthen its overseas power supply business.

Key Takeaways

The rapidly expanding cloud computing technologies or the round-the-clock reliance on network services for ensuring business continuity is fuelling the demand for UPS.

The Industrial UPS Market is highly competitive and mature. To address this challenge, manufacturers constantly needs to upgrade their product to more technology advanced products which further meets the continuously changing demand of the end user.

Smart meters is also integrated with the ICT architecture to send signal or readings directly to the grid. So if there is a need for emergency power systems, the meter won’t be able to send any notifications to utility. Thus there is the need for power generators. So growing smart grids and smart meters will further bolster the Industrial UPS Market.

About IndustryARC: IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to sales@industryarc.com to discuss more about our consulting services.

Contact Info:
Name: Venkat Reddy
Email: Send Email
Organization: IndustryARC
Phone: (+1) 970-236-3677
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Source URL: https://marketersmedia.com/industrial-ups-market-estimated-to-surpass-74-billion-mark-by-2026/89037124

Source: MarketersMedia

Release ID: 89037124

Orthopedic Trauma Devices Market Size Forecast to Reach $6.4 Billion by 2026

Increasing Number of Trauma Associated With Road Accidents Coupled With Growing Geriatric Population Are Major Factors Driving the Growth of Market

Hyderabad, India – July 22, 2021 /MarketersMedia/

Orthopedic Trauma Devices Market size is forecast to reach $6.4 billion by 2026, growing at a CAGR of 3.6% during the forecast period 2021-2026. Orthopedic trauma is a major musculoskeletal system damage that affects the bones, joints, and soft tissues (muscles, tendons, ligaments) in the body. Accidents or other fatal incidents have resulted in critical circumstances ranging from simple fractures to serious life-threatening injuries. Orthopedic trauma devices are used to repair broken bones and aid in the restoration of anatomic alignment of joint surfaces, allowing for regeneration and the return to full operation of the affected body portion. Screws, plate systems, Intramedullary nails, and special implants are among the equipment and devices used in reconstructive surgery. These instruments are commonly made from titanium, stainless steel, and other materials. Polylactic acid, Polyglycolic acid are used for the treatment of orthopedic trauma. Increasing number of trauma associated with road accidents coupled with growing geriatric population are the major factors driving the growth of the market. Growing research & development activities improving healthcare facilities is driving Orthopedic Trauma Devices Market for the period 2021-2026.

Orthopedic Trauma Devices Market Segment Analysis – By Type

The External Fixator segment is forecast to be the fastest-growing segment and is projected to grow at a CAGR of 4.7% during the forecast period 2020-2025. Plates, screws, and intramedullary nails are examples of internal fixators, while external fixators include Unilateral & Bilateral External Fixators, Circular Fixators, and Hybrid Fixators. The circular fixators frame is an Ilizarov external fixator that has recently been merged with the Taylor Spatial Frame. This frame’s basic elements are loops, connecting rods, and struts. Ilizarov rings are classified into three types: complete (closed) rings, partial (open) rings, and arches. Koji Nozaka et al. released a new study in BMC Musculoskeletal Disorders 2020 demonstrating that circular external fixing is a safe and successful treatment for periprosthetic fractures around the knee in elderly patients. External Fixator are estimated to register the higher CAGR over the period 2021-2026.

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Orthopedic Trauma Devices Market Segment Analysis – By End User

Hospitals held the largest share in the Orthopedic Trauma Devices Market in 2020 and is estimated to grow at a CAGR 4.0% during the forecast period 2021-2026. Increasing number of hospitals which leads to reduction in the patient waiting time with suitable treatment for trauma injuries including hospital infrastructure improvements. Rising government support for supply of devices and adequate reimbursement policies offered by hospitals. Hospitals are estimated to register the higher CAGR over the period 2021-2026.

Orthopedic Trauma Devices Market Segment Analysis – By Geography

North America dominated the Orthopedic Trauma Devices Market with a major share of 36.3% in 2020. This is attributed to rising number obese people coupled with high purchasing capacity, Extensive availability of advanced technology, improved repayment strategies and high adoption of minimally invasive procedures trends and usage of Polylactic acid, Polyglycolic acid for diagnosis and treatment of orthopedic diseases and others is also increasing the growth of the market in this region.

Orthopedic Trauma Devices Market Drivers

Increasing Number of Trauma Associated With Road Accidents

Increasing number of trauma associated with road accidents are some factors driving the growth of Orthopedic Trauma Devices Market. This is due to the advancement of technologically advance devices for increased lifespan. According to World Health Organization (WHO), in 2020, in worldwide around 1.35 million people die each year owing to road accidents and injuries. One of the leading causes of death, especially among people aged 15 to 29, is traffic crashes. Thus, further contributing to the growth of Orthopedic Trauma Devices Market during the forecast period 2021-2026.

Technological Advancements

Technological advancements is increasing the growth of the Orthopedic Trauma Devices Market. Technological advancements has enabled the manufacturers to develop instruments that reduces technical difficulty. Increasing advancements in Orthopedic Trauma Devices has provided an opportunity for development of automation of instruments and improvement of instruments such as bioresorbable implants and nano-coated devices. Thus, increasing the growth of the Orthopedic Trauma Devices Market during the forecast period 2021-2026.

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Orthopedic Trauma Devices Market Challenges

Lack of Skilled and Well-Trained Healthcare Workers

Factors which restrain the growth of the Orthopedic Trauma Devices Market are lack of skilled and trained healthcare professionals. High cost of Orthopedic Trauma Devices, lack of compensation policy, and high initial investment is also set to hinder the growth of the market.

Orthopedic Trauma Devices Market Landscape

Product launches, mergers and acquisitions, joint ventures, and R&D activities are key strategies adopted by players in the Orthopedic Trauma Devices Market. In 2020, the Orthopedic Trauma Devices Market share is consolidated by the top ten players present in the market. The Orthopedic Trauma DevicesMarket, top 10 companies are Stryker Corporation, Olympus Corporation, Johnson & Johnson, Medtronic PLC., Zimmer Holding Inc., ConMed Corporation, Smith & Nephew PLC, Orthofix Holdings, Inc., Integra LifeSciences Corporation, and DePuy Synthes.

Key Takeaways

North America dominated the Orthopedic Trauma Devices Market in 2020 owing to the wide availability of advanced technologies and favourable reimbursement policies. The Orthopedic Trauma Devices Market scope for different regions will be provided in the final report.

Increasing healthcare expenditure and technological advancement along with the new innovations are likely to aid the market growth of the Orthopedic Trauma Devices Market report.

Detailed analysis of the Strength, Weakness, and Opportunities of the prominent players operating in the market will be provided in the Orthopedic Trauma Devices Market report.

Lack of skilled and trained healthcare professionals and high cost of devices is poised to create the hurdles for the Orthopedic Trauma Devices Market.

About IndustryARC: IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to sales@industryarc.com to discuss more about our consulting services.

Contact Info:
Name: Venkat Reddy
Email: Send Email
Organization: IndustryARC
Phone: (+1) 970-236-3677
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Source URL: https://marketersmedia.com/orthopedic-trauma-devices-market-size-forecast-to-reach-64-billion-by-2026/89038021

Source: MarketersMedia

Release ID: 89038021

3D Printed Medical Device Market Size Forecast to Reach $2.9 Billion by 2026

Increasing adoption of human cells in drug testing and growing awareness regarding the new developments are likely to aid the market growth of the 3D Printed Medical Device Market report.

Hyderabad, India – July 22, 2021 /MarketersMedia/

3D Printed Medical Device Market size is forecast to reach $2.9 billion by 2026, growing at a CAGR of 14.2% during the forecast period 2021-2026. 3D printing medical device enable prefect match to patient’s anatomy having extremely complex internal structures. It enables medical device designers to eliminate the requirement of tools and setting up additional equipment’s. It helps in building implantable as well as non-implantable medical devices that are cost effective. It enables patients in recovering faster and reducing their stay in hospitals. It also improves the rate of success. There are different types of 3D medical device such as dental implants, surgical instruments, prosthetic limbs, and retractors among others. Along with that, different technologies are also used such as rapid prototyping, stereolithography, and electron beam technology among others. Technological advancements and easy development of customized medical products are the major factors driving the growth of the market. Growing applications in the healthcare industry and high prevalence of osteoarthritis is set to further enhance the overall market development of the 3D Printed Medical Device Market for the period 2021-2026.

3D Printed Medical Device Market Segment Analysis – By Component

Software & Services held the largest share in the 3D Printed Medical Device Market in 2020 and is estimated to grow at a CAGR 18.2% during the forecast period 2021-2026. This is owing to the technological advancements. It facilitates surgeons by improving the rate of success in complicated procedures and technology is also revolutionizing the preclinical drug testing which is making testing easy and convenient on 3D printed organs. Software & Services are estimated to register the higher CAGR over the period 2021-2026.

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3D Printed Medical Device Market Segment Analysis – By Technology

Photopolymerization held the largest share in the 3D Printed Medical Device Market in 2020 and is estimated to grow at a CAGR 13.6% during the forecast period 2021-2026. This is owing to the increasing application across the medical industry for prosthetics, implants, dental restorations, and porous scaffolds. Photopolymerization uses light to propagate a polymerization reactions and to form a crosslinked or a linear polymer structure. It enable to create a replica of a patient’s joint that can provide surgeons with information. Stereolithography is used to create models and it can produced in a wide selection of materials that have extremely high feature resolutions and offer a number of secondary services which enhance the finish of 3D printed project design. Stereolithography are estimated to register the higher CAGR over the period 2021-2026.

3D Printed Medical Device Market Segment Analysis – By Geography

North America dominated the 3D Printed Medical Device Market with a major share of 37.8% in 2020. This is attributed to the increasing technological advancements and increasing adoption of the 3D printing technology. Increasing research & development activities, increasing collaborations between academic & commercial organizations, and increasing investment made by the government to develop advances 3D printing technologies are increasing the growth of the market in this region. However, Asia Pacific is estimated to grow at a higher CAGR during the forecast period 2021-2026 owing to the increasing government initiatives and increasing research & development activities. Increasing prevalence of cardiac diseases along with increasing demand for advanced healthcare services is also increasing the growth of the market in this region.

3D Printed Medical Device Market Drivers

Increasing Prevalence of Osteoarthritis

Increasing prevalence of osteoarthritis is increasing the 3D Printed Medical Device Market. Osteoarthritis affects 32.5 millions of people in the U.S. and occurs when the protective cartilage cushions the ends of the bones. It can also damage any joint but most commonly affects the joints in the hands, spine, hips, and knee. It is estimated that around 30% of the death is owing to the osteoarthritis. Thus, increasing the growth of the market during the forecast period 2021-2026.

Technological Advancement

Technological advancement is increasing the 3D Printed Medical Device Market. This is attributed to the increasing demand for 3D printing in the healthcare industry and increasing developments of new treatments for diseases. Manufacturers of 3D printed medical devices are increasing their reliance to launch 3D printers as part of their manufacturing strategy. Thus, increasing the growth of the market during the forecast period 2021-2026.

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3D Printed Medical Device Market Challenges

High Cost for Installing 3D Medical Devices and Rapid Change in Economic Strategies

Some of the factors that are set to impede the growth of the 3D Printed Medical Device Market are high cost for installing 3D medical devices and rapid change in economic strategies.

3D Printed Medical Device Market Landscape

Product launches, mergers and acquisitions, joint ventures, and R&D activities are key strategies adopted by players in the 3D Printed Medical Device Market. In 2020, the 3D Printed Medical Device Market share is consolidated by the top ten players present in the market. The 3D Printed Medical Device Market, top 10 companies are 3D Systems Corporation, Envision TEC, SLM Solutions, Oxford Performance Materials Inc., Concept Laser, Arcam AB, Cyfuse Biomedical, and EOS GmbH among others.

Key Takeaways

North America dominated the 3D Printed Medical Device Market in 2020 owing to the increasing research & development activities and increasing application in the pharmaceutical industry. The 3D Printed Medical Device Market scope for different regions will be provided in the final report.

Increasing adoption of human cells in drug testing and growing awareness regarding the new developments are likely to aid the market growth of the 3D Printed Medical Device Market report.

Detailed analysis of the Strength, Weakness, and Opportunities of the prominent players operating in the market will be 3D Printed Medical Device Market report.

High cost for installing 3D medical devices and rapid change in economic strategies is poised to create the hurdles for the 3D Printed Medical Device Market.

About IndustryARC: IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to sales@industryarc.com to discuss more about our consulting services.

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Release ID: 89038023

Pharmaceutical Unit Dose Packaging Market with Current Trends Analysis, 2021-2026| Future Market Insights

2021 Analysis and Review: Pharmaceutical Unit Dose Packaging Market by Product – Blisters, Ampoules, Vials, and Prefilled Syringe Cartridges for 2021 – 2031

Dubai, United Arab Emirates – July 22, 2021 /MarketersMedia/

The pharmaceutical unit dose packaging market is expected to experience a change in its operations, as manufacturers are focusing towards increasing productivity through integration of automation systems, as per a study by Future Market Insights (FMI). According to the report, the market will surpass US$ 26.10 Bn by 2021, registering a double-digit year-on-year (Y-o-Y) growth between 2020 and 2021.

The dynamic shift from manual to automatic packing lines is in turn expected to increase process efficiency and reduce dependence on the workforce, making it a cost-effective proposition in the long run. Rising demand for prefilled syringes for vaccination programs is expected to be a key trend, which would positively affect the pharmaceutical unit dose packaging market.

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Automated packaging lines are also multitasking, which covers numerous steps of the packaging process such as forming, filling, sealing and labeling into single step. The designers of packaging line automation systems are prioritizing the design of human-machine interfaces (HMIs) to streamline processes. These enhanced HMI can sort it simpler for operators and managers to access information related to specific packaging production line.

The above trend is expected to be backed by increasing availability of biotechnology products with specific requirements for packaging such as prefilled syringes and single-use vials. Vials and prefilled syringes are two of the most common forms of pharmaceutical unit dose packaging, typically preferred in clinical research and diagnostic centers.

Vials and blisters have been identified as the most prominently used products in the pharmaceutical unit dose packaging market. Manufactures are vigorously ramping up for their facilities of vials production in anticipation of the demand for COVID-19 vaccine supply from all over the world. Thus, the segment is projected to expand 5.7x its current value during the forecast period.

Key Takeaways from Pharmaceutical Unit Dose Packaging Market

Pharmaceutical unit dose packaging sales will surge at 14.7% CAGR between 2021 and 2031
The presence of several leading players has enabled the U.S. account for over 87% of sales in North America in 2021
Rising research and development initiatives enabling the U.K. exhibit over 15% y-o-y growth in 2021
Surging healthcare spending has been fuelling the demand in Germany and France
Increasing demand for vaccination amid COVID-19 fuelling sales in China, Japan, and South Korea

 “Some of the leading players are aiming at intensifying their production facilities to cater to the rising demand for vials and prefilled syringes to aid COVID-19 vaccination drives,” says FMI analyst.

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Pharmaceutical Unit Dose Packaging Market Players Focusing on Geographic Expansion

As per FMI analysis, some of the leading manufacturing companies within pharmaceutical industry have been aiming at expanding their footprint, especially in remote areas with unmet medical needs. The demand for smaller packaging solutions such as blisters is considerably high in these regions. Furthermore, pharmaceutical unit dose supplying strategy includes getting some medicines in bulk quantities and repackaging them into single or unit dose, using high volume repackaging systems and some manual repackaging machines.

Cost saving is a key benefit of locally repackaging of medicines into unit dose, using high volume automated repackaging systems. Unit Dose Solutions, Inc., Safecor Health, Almac Group are some of the players who are active in repackaging services.

Impact of COVID-19 on Pharmaceutical Unit Dose Packaging Market

Global pharmaceutical unit dose packaging market is anticipated to exhibit impressive growth amid the emerging second wave of the COVID-19 pandemic. This is mainly due to the robust demand of drugs, medicines and vaccines from diagnostic centres, hospitals, and other healthcare units, who constitute the leading consumers of pharmaceutical unit dose packaging.

Blisters and vials will continue to attract massive investments from investors in orals and injectable pharmaceutical unit dose packaging end uses. According to FMI analysis, global adoption of pharmaceutical unit dose packaging will surge nearly 3.0x over 2021-2031.

QR codes and RFID tags have already been in use by pharmaceutical unit dose packaging manufacturers to ensure safer transportation of vaccines. The market is witnessing sharp growth in the usage of automation and robotics. For instance, a novel technology is adopted by Pfizer, Inc. for packing the vaccine doses due to be delivered in the USA. It is called “Ecoplat Plus” by ROBOPAC USA. It uses stretch film, a wrapping turntable incorporating state-of-the-art technology that guarantees advanced efficiency due to its durability, power and ease of use, including optimum safety of the products.

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Pharmaceutical Unit Dose Packaging Market Landscape

UDG Healthcare plc, West Pharmaceutical Services, Inc., Schott AG, SGD SA, Stevanato Group S.p.a., Klockner Pentaplast Group, Amcor plc, Gerresheimer AG, Berry Global, Inc., Comar LLC, Constantia Flexibles Group GmbH, Nipro Corporation, Catalent, Inc., Becton, Dickinson and Company, Adelphi Healthcare Packaging, Winpak Ltd., Pacific Vial Manufacturing Inc., Sonoco Products Company, WestRock Company, and AptarGroup, Inc. are the prominent players in the pharmaceutical unit dose packaging market. The Tier 3 players in the market hold 75-85% in the global pharmaceutical unit dose packaging market. In conclusion, key players contribute almost 15-25% of the global demand.

Pharmaceutical Unit Dose Packaging Market Report

Future Market Insights, in its new report, offers an unbiased analysis of the global pharmaceutical unit dose packaging market, analyzing historical demand from 2015-2019 and forecast statistics for 2020-2030. The study reveals growth projections on the pharmaceutical unit dose packaging market on the basis of product (blisters, ampoules, vials and prefilled syringes cartridges), material (plastic ((polyethylene (PE) (high density polyethylene (HDPE) and low density polyethylene (LDPE)), polypropylene, poly vinyl chloride (PVC), and polyethylene terephthalate (PET))), aluminum, glass and paper & paperboard) and end-use (ophthalmic, injectable, biologics, wound care, respiratory therapy and orals) across seven regions.

 

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Anaesthesia Machines Market Size Forecast to Reach $19.3 Billion by 2026

Increasing Demand of Ultra Sonography Is Set to Further Enhance the Overall Market Development of the Anaesthesia Machines Market for the Period 2021-2026.

Hyderabad, India – July 22, 2021 /MarketersMedia/

Anaesthesia Machines Market size is forecast to reach $19.3 billion by 2026, growing at a CAGR of 7.9% during the forecast period 2021-2026. Anaesthesia machine is used for delivering hypoxic mixtures of gases to undergo a medical procedure of a patient. With the help of this oxygen and nitrous oxide are provided to the patients and also helps in inspecting the functioning along with detecting the malfunctions of the equipment’s. It also provide information’s that are used by the specialists for the inhalation of the anaesthesia which also includes vaporizer. Continuous developments regarding the design of the anaesthesia machine such as mechanical ventilator, breathing circuits, and endotracheal tubes among others provides opportunities for the market. Increasing number of surgical procedures and increasing technological advancements are the major factors driving the growth of the market. Increasing prevalence of the medical conditions and increasing demand of ultra sonography is set to further enhance the overall market development of the Anaesthesia Machines Market for the period 2021-2026.

Anaesthesia Machines Market Segment Analysis – By Product

Continuous Anaesthesia Machinery held the largest share in the Anaesthesia Machines Market in 2020 and is estimated to grow at a CAGR 8.2% during the forecast period 2021-2026. Continuous anaesthesia machinery is used for generating and mixing fresh gas flow and also for maintaining anaesthesia. It is designed with exactitude for fulfilling the quality standards. Continuous anaesthesia machines is used for checking the health as well the reaction of the anaesthesia. It includes various functions such as oxygen saturation level, blood pressure, and heart rate. Increasing developments of monitoring techniques and neurological monitoring are also increasing the demand of the machine. Continuous Anaesthesia Machinery are estimated to register the higher CAGR over the period 2021-2026.

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Anaesthesia Machines Market Segment Analysis – By End User

Hospital held the largest share in the Anaesthesia Machines Market in 2020 and is estimated to grow at a CAGR 6.9% during the forecast period 2021-2026. This is attributed to the wide availability of different systems for anaesthesia and high end technological products. Growing demand for immunization, availability of highly skilled and qualified medical professionals in the hospitals along with the rising incidences of anaesthesia is increasing the demand of the hospitals. Favorable reimbursement policies for hospital procedures and increasing healthcare facilities are increasing the demand of the segment. Hospital are estimated to register the higher CAGR over the period 2021-2026.

Anaesthesia Machines Market Segment Analysis – By Geography

North America dominated the Anaesthesia Machines Market with a major share of 36.3% in 2020. This is attributed to the increasing prevalence of anaesthesia and increasing presence of government initiatives. Increasing healthcare expenditure, improving healthcare infrastructure, increasing penetration of new technology, and presence of major key players is also increasing the growth of the market in this region. However, Asia Pacific is estimated to grow at a higher CAGR during the forecast period 2021-2026 owing to the rise in purchasing power and increasing incidences in demand for cardiovascular disease. Rise in healthcare expenditure and increase in early detection is also increasing the growth of the market in this region.

Anaesthesia Machines Market Drivers

Increasing Prevalence of Cardiovascular Diseases

Increasing prevalence of cardiovascular diseases is increasing the growth of the Anaesthesia Machines Market. Some of the major factor of cardiovascular disease includes unhealthy diet, usage of tobacco, and physical inactivity among others which raises the blood pressure and blood glucose causing overweight and obesity. Thus, increasing the growth of the Anaesthesia Machines Market during the forecast period 2021-2026.

Technological Advancements

Technological advancements is increasing the growth of the Anaesthesia Machines Market. Technological advancements has enabled the manufacturers to develop systems that contains sensors inside it. Increasing advancements in surgical systems has provided an opportunity to biomanufacturers. The majority of technological advancements were oriented towards the manufacturing of aseptically filled products. Thus, increasing the growth of the Anaesthesia Machines Market during the forecast period 2021-2026.

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Anaesthesia Machines Market Challenges

Stringent Government Rules and High Installation Cost of Anaesthesia Machines

Some of the factors that are set to impede the growth of the Anaesthesia Machines Market are stringent government rules and high installation cost of anaesthesia machines. The development process of anaesthesia systems is a complicated procedure as well as a time consuming and there is no standards for their validation reproducibility is set to hinder the growth of the market during the forecast period 2021-2026.

Anaesthesia Machines Market Landscape

Product launches, mergers and acquisitions, joint ventures, and R&D activities are key strategies adopted by players in the Anaesthesia Machines Market. In 2020, the Anaesthesia Machines Market share is consolidated by the top ten players present in the market. The Anaesthesia Machines Market, top 10 companies are Heyer Medical AG, Philips, Smith Group Plc, Vyaire Medical Inc., General Electric Company, and Fisher & Paykel Healthcare Limited among others.

Key Takeaways

North America dominated the Anaesthesia Machines Market in 2020 owing to the increasing medical tourism and increasing incidences of respiratory diseases. The Anaesthesia Machines Market scope for different regions will be provided in the final report.

Increasing demand for continuous monitoring and increasing innovations along with developments are likely to aid the market growth of the Anaesthesia Machines Market report.

Detailed analysis of the Strength, Weakness, and Opportunities of the prominent players operating in the market will be Anaesthesia Machines Market report.

Stringent government rules and high installation cost of anaesthesia machines is poised to create the hurdles for the Anaesthesia Machines Market.

About IndustryARC: IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to sales@industryarc.com to discuss more about our consulting services.

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Email: Send Email
Organization: IndustryARC
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Source URL: https://marketersmedia.com/anaesthesia-machines-market-size-forecast-to-reach-193-billion-by-2026/89037036

Source: MarketersMedia

Release ID: 89037036

Industrial Filtration Market Size to Grow at a CAGR of 4.5% During the Forecast Period 2021-2026

Rapid Industrialization and Increasing Funding Activities Driving the Growth of Industrial Filtration Market.

Hyderabad, India – July 22, 2021 /MarketersMedia/

Industrial Filtration Market size was valued at $24.2 billion in 2020, and it is estimated to grow at a CAGR of 4.5% during 2021-2026. The growth is mainly attributed to increasing investments for decreasing pollution and to improve the process efficiency for the need of better indoor quality in industrial premises.

Stringent government norms pertaining to emission and treatment of industrial waste will further enhance the adoption of electrostatic precipitator which acts as a filtration system in industries, thereby driving the industrial filtration market during the forecast period. The adoption of bag filters and filter press technologies for enhancing centrifugal filtration of liquids will be a major driver of market growth. Increased preference for charcoal/activated carbon based filters due to improved capabilities will also drive market growth.

Industrial Filtration Market Segment Analysis – By Technology

Liquid filtration held the major market share of 56.3% in 2020. Stringent government regulations in order to filter the water that is discharged from industries and high investments for adoption of this filters has been driving the industrial filtration market. Growing demand for filter press and bag filter solutions as liquid centrifugal filtration systems for zero emission and zero discharge from manufacturing and other industries. Additionally, the adoption of advanced equipment in water and waste water treatment industry is likely to push the liquid filtrations systems thereby driving the market.

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Industrial Filtration Market Segment Analysis – By End User

Oil & Gas is the key end user in Industrial Filtration market and estimated to grow at a CAGR of 1.0%. Adoption of filtration systems in oil and gas industry for upstream, middle stream, and downstream applications is poised to drive the market as it assists in reducing operating costs and improving process efficiency. As separation of oil, gas, water and the removal of solids contaminants is essential, there is high requirement of actiivated carbon based centrifugal filtration systems. Development of advanced equipment and replacement with new equipment set to create opportunities for the industrial filtration industry.

Industrial Filtration Market Segment Analysis – By Geography

APAC dominated the Industrial Filtration market in 2020 with a market share of 35.3%, followed by North America and Europe. High adoption of industrial filters in APAC countries such as China, Japan, India and others countries is set to drive the industrial filtration industry as they have more number of industries, especially in China as it is the manufacturing hub for various industries. Additionally various government initiatives have been pushing the industrial centrifugal filtration systems industry. For instance, in Indian Government has taken some initiatives such as green skill development program to curb the pollution from industries which set to drive the industrial filtration systems.

Industrial Filtration Market Drivers

Enforcement of strict regulations

Implementation of strict regulations due to rising environmental concerns compel industries to install air and liquid filtration equipment. Stringent government regulations regarding limitation of the emissions levels that are supporting the use of industrial filtration systems have been driving the market across global level. For instance, in April 2018, Canada had introduced regulations for cutting of the methane emissions up to 40-45% by 2025 from the 2012 baseline. In addition, the measures by various countries governments for addressing venting and flaring that comes from the upstream oil and gas operations which further drives the air filtration market growth, especially activated carbon based filters.

Rapid Industrialization and Increasing funding activities

Increasing industrialization activities and increasing funding for industrial filtration startups and development of new products with advanced technologies. For instance, in 2019, Nanoclean Global Pvt Ltd, a nanotechnology startup which develops industrial filtration devices, had raised $600,000 funding. During the same year, Volz Filters, the U.K. manufacturers of industrial filters had secured a funding of $650k for development of new products and strengthen its business. In addition to these, many research and development activities are going on development of industrial filters with advanced features.

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Industrial Filtration Market Challenges

Heavy equipment and high costs

One of the major challenge in heavy size and its high cost. In addition to this, the maintenance of industrial filtration systems is difficult as they can’t handle continuous work when the system is not self-cleaned and blocked by waste particles. High capital and maintenance cost hampers the growth of the industrial filtration market. However replacement of traditional filters with advanced featured filters set to provide opportunities for industrial filtration market during forecast period.

Industrial Filtration Market Landscape

Product Launches, acquisitions and R&D activities are key strategies adopted by players in the Industrial Filtration market. Industrial Filtration top 10 companies include Alfa Laval, MANN+HUMMEL, Parker Hannifin Corp, Donaldson, Ahlstrom-Munksjo, Freudenberg, Pall Corporation, Eaton, 3M, Sharp Corporation, and others.

Acquisitions/Technology Launches

In October 2019, Parker Hannifin Corp had launched Pro Tura SB which is a nano cartridge filter. It can be used for filtering industrial gases with high efficiency and greater energy savings. It also has greater resistance to moisture in the air stream. The introduction of new industrial filters with various features set to increase the industrial filtration market share.

In August 2019, Mann+Hummel had acquired Hardy Filtration, a Canadian air filtration company. This acquisition is anticipated to expand the company’s global footprint and manufacturing capabilities of the Tri-Dim Filter Corporation, which was acquired by Mann+Hummel in 2018.

Key Takeaways

APAC dominated the Industrial Filtration market in 2020 owing to rapid industrialization and high investments in adopting the filtration equipment.

Increasing adoption of bag filters for large scale industries applications to remove suspended solids from liquids is set to boost the industrial filtration market.

Stringent regulations to minimize air and water pollutions due to emission of ozone gases, industrial waste are also propelling the industrial filtration industry.

Adoption of activated carbon filters in water treatment industry for removing chlorine, and other effluents has been driving the industrial filtration market.

About IndustryARC: IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to sales@industryarc.com to discuss more about our consulting services.

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Release ID: 89038071

Now It’s Easy to Shop the Best Providers for Your Home Needs

CleverPing helps people to find the best home services, including internet, TV, mobile phone, and home security services. The free comparison tool reveals the best deals.

July 22, 2021 / /

CleverPing is designed to help people find the best deals for services in their homes. They can find the best deals for their internet, mobile phone, TV, and home security services from local providers in just a few seconds.

CleverPing is completely free and makes it simple to get access to special offers and deals for any zip code in the United States. Thousands of offers and plans are revealed with one quick search. The site provides real-time price updates so that users always get the latest results for deals local to them. Users can then compare the available deals, then make a simple phone call to CleverPing once they have decided which service is the right one for them.

“This software was built with the idea to make shopping easy and secure to every home in the United States,” says Haysam Ali, CEO of CleverPing. The site features trusted brands and can even help customers to search for bundles so that they can find multiple services at the same time.

CleverPing makes it possible to search for household services in several ways. Users can choose their state to find providers local to them. They can also search for internet services by choosing the type of service, including DSL, satellite, cable, fiber, or fixed wireless. When looking for the best TV services, customers can browse deals for cable, satellite, or streaming services. It’s also possible to compare both home phone and mobile phone plans, as well as look at bundles for multiple services. Smart home security solutions are available to browse and compare through the site too.

The service offered by CleverPing helps users to choose between top providers such as AT&T and Verizon. It’s available in more than 30 states and has served more than 33 million customers since the software was first launched.

CleverPing has been helping people to find the best services for their homes since 2001. Whether they want to set up a new service or switch to a different one, CleverPing makes it easier to find the right provider and get the new service installed. The service directly partners with providers to offer the best deals and promotions, using industry-leading technology to compare providers and plans in different locations. It only takes one phone call to set up the service once the customer has chosen one, even if they have chosen multiple providers to deliver the services that they need.

CleverPing makes it easy for people around the country to get the services that they need for their homes. The free search and comparison tool allows anyone to find the best services in their area.

Find out more about CleverPing by visiting the website at https://www.cleverping.com. For press inquiries, please get in touch with the CleverPing press department by calling 2127867660 or writing to hello@elevenrush.com.

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Release ID: 89037948