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Cross Laminated Timber Market Size Outlook, Share Value, Global Growth Drivers and Industry Forecast till 2025

June 03, 2021: The global Cross Laminated Timber (CLT) Market was priced at US$ 558.6 million in 2016. It is estimated to develop at a CAGR of 15.7% during the period of forecast and appreciated at US$ 2.07 billion by the completion of 2025.

The cross laminated timber (CLT) is a product manufactured from wood. It is quickly attaining admiration in Europe and North America and the other places. It is a sustainable substitute to steel and concrete in construction of residential and commercial structures. The arrangement is made up of multilayered boards manufactured using solid wood boards, fixed slanting, and pasted together. The cross laminated formation increases mechanical possessions, stiffness, and dimensional constancy. The structure-wise performance offered by cross laminated timber is comparable to steel or concrete. The boards are appropriate for utilization as roofs, walls, floors, and additional uses.

Drivers:

Increasing alertness regarding usage of wood as a building material, along with the worries about international sustainability among the customers are the causes expected to bolster the cross laminated timber market during the approaching years. The altering inclinations of the customers toward wood centered construction together with the possessions of insulation, greater thermal performance, and the low price are expected to motivate the development of the cross laminated timber (CLT) industry during the period of forecast.

The demand for cross laminated timber is observing an upsurge because the wood is developing such as the sustainable and low-priced substitute for the concrete and steel. The increasing acceptance of cross laminated timber, seeing its toughness and easiness of construction, is expected to boost the demand for the material during the following eight years. Growing acceptance and alertness in the provinces for example Asia Pacific, Europe and North America, is expected to influence the market, optimistically.

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Classification:

The global CLT market can be classified by Type of Product, and Region. By Type of Product, it can be classified as Mechanically Fastened, Adhesive Bonded.

Regional Lookout:

By Region the global cross laminated timber industry can be classified as North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa. The Germany and Austria were combined responsible for 68.29% share of the income of European market in 2016. It was because the increasing alertness concerning wood such as a building material. Austria is a major basis of softwood pine and spruce. It is responsible for the biggest manufacture of cross laminated timber through the world. The growing usage of cross laminated timber in commercial and housing uses is expected to shoot the development of the industry during the following eight years.

In 2016, North America’s demand for cross laminated timber was appreciated at US$ 118.8 million. The said development can be credited to the growing usage of cross laminated timber in official along with domestic uses. The increasing demand of the customers for luxury and stylish apartments is expected to take an optimistic effect on the development of the industry. Rising usage of the product in residential uses for example ceilings, floors and walls is likewise estimated to make up the development of the market. North America is expected to go on the subsequent biggest market during 2017 to 2025.

The relocation of the manufacturing amenities to New Zealand and Australia is likely to power greater manufacture. Rising alertness regarding cross laminated timber in Asian nation states similar to Japan and China is expected to bring about greater upsurge in the construction of commercial and housing apartments.

Companies:

The manufacturing companies of cross laminated timber stay concentrated on technical progressions in the product. Such type of progresses together with reasonable pricing are expected to help in growing their share of market during the period of forecast. Companies are capitalizing deeply in the activities of research and development to overcome the obstacles confronted during using it and improve the quality of the product. The company, Stora Enso, capitalized US $ 890 million in a manufacturing facility in Guanxi, China, to make stronger its existence within the nation in 2016.

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Some of the important companies for cross laminated timber market are Sterling Lumber, XLam Limited, Mayr-Melnhof Holz, SmartLam, Binderholz GmbH and Stora Enso. Additional notable companies are Structurlam, W. u. J. Derix, Thoma Holz, Lignotrend, Hasslacher Norica, HMS Bausysteme, Schilliger Holz, Eugen Decker, Merk Timber, MHM Abbund-Zentrum, and KLH Massivholz GmbH.

Market Segment:

Cross Laminated Timber Product Outlook (Revenue, USD Million; 2014 – 2025)

    • Adhesive Bonded

    • Mechanically Fastened

Cross Laminated Timber Regional Outlook (Revenue, USD Million; 2014 – 2025)

    • North America

        • The U.S.

        • Canada

        • Mexico

    • Europe

        • Austria

        • Germany

        • Switzerland

        • Italy

        • Rest of Europe

    • Asia Pacific

        • New Zealand

        • China

        • Japan

        • Rest of Asia Pacific

    • South & Central America

    • The Middle East and Africa

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Canopy Market Top Key Players Profiles, Size, Statistics, Industry Growth Rate and Forecast till 2025

June 02, 2021: The scope of the global Canopy Market was projected at US$ 1.6 billion in 2018. The scope is likely to reach US$ 2.1 billion by 2025. It would develop at a CAGR of 4.0% during the period of forecast.

The canopies exist in various types such as portable garage canopies, large or event canopies, garden canopies, and shade canopies. Additionally, a canopy is able to be designed and factory-made by means of diverse materials comprising a variety of wood, metals, glass, and fabrics. The uses of the product differ dependent on the purposes of the end-use and the materials utilized for it.

The manufacturing companies compete in the market by means of presenting the maximum appropriate and dependable products, thereby giving way to a number of end-user applications. In addition, they are involved in applying progressive technologies to develop inventive products, proposing extra benefits for example harvesting of rainwater and completing the demand for the canopies.

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Drivers:

Growing infiltration of canopies in a number of non-residential and residential buildings is expected to motivate the demand for canopy and, sequentially, activate the general development of the canopy market during the period of forecast.

Speedy development of the housing segment in the European and North American financial prudence and growing admiration of inside-outside living are expected to increase the demand for canopies in the states during the period of forecast. Additionally, increasing inclination for extended living space and redecoration presented by canopies is expected to boost up development of the market.

The canopy industry in the U.S.A is likely to observe progress due to growing acceptance of canopies by way of shades in residential structures. Additionally, growing fitting of car canopies for shade protection at leisure time and storing of the cars in the open-air to make best use of housing storage capacity is expected to boost the demand for the product in the nation state during the period of forecast. The canopies are majorly utilized in commercial structures in the market of Asia Pacific.

Classification:

The global canopy market can be classified by End Use, Application, Material and Region. By End Use, it can be classified as Non-residential, Residential. By Application it can be classified as Large or Event Canopy, Shade Canopy and others. By Material, it can be classified as PVC (Polyvinyl Chloride), PTFE (Polytetrafluoroethylene), Polyester Cloth, ETFE (Ethylene Tetrafluoroethylene) and others.

Regional Lookout:

By Region the global canopy industry can be classified as North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa. The North American region was responsible for nearby 28.1% share of the general market by means of income, in 2018, because of augmented infiltration of canopies in the housing division. The product is mostly utilized in domestic structures in the backyard and by way of a standalone construction for courtyard equipment and extra space.

The market is expected to observe growing demand because of the reasons for example extended living space and redecoration of buildings presented by the product. Additionally, growing admiration of inside-outside living and the obtainability of an extensive variety of canopy designs are expected to increase the demand for the product in North America.

The canopies serve numerous purposes. For example, the shade canopies constitute a substantial share in the North American residences. However, in the market of Asia Pacific, the demand for the large or the event canopies is greater in the nonresidential buildings. The nations, for example Australia and China, in Asia Pacific, are responsible for mainstream share of the market due to the increasing infiltration of the product in commercial openings for example hotels and restaurants. Increasing acceptance of canopies in these financial prudence can be credited to the provision for stretched out-of-doors space for a number of actions like exhibitions and event campaigns.

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Companies:

Some of the important companies for canopy market are Sun air Awnings, Advanced Design Awnings & Signs, Shade Structures, Inc., and Eide Industries, Inc. Additional notable companies are JAY Enterprise, Impact Canopy, Lawrence Fabric and Metal Structures, KD Kanopy, and Canopies UK.

Market Segment:

Material Outlook (Revenue, USD Million, 2014 – 2025)

    • PTFE

    • ETFE

    • PVC

    • Polyester Cloth

    • Others

Application Outlook (Revenue, USD Million, 2014 – 2025)

    • Shade Canopy

    • Event or Large Canopy

    • Others

End-Use Outlook (Revenue, USD Million, 2014 – 2025)

    • Residential

    • Non-residential

Regional Outlook (Revenue, USD Million, 2014 – 2025)

    • North America

        • U.S.

        • Canada

        • Mexico

    • Europe

        • France

        • Germany

        • Italy

        • Russia

        • Spain

        • U.K.

    • Asia Pacific

        • China

        • India

        • Japan

        • South Korea

        • Australia

    • Central & South America

        • Argentina

        • Brazil

    • Middle East & Africa

        • South Africa

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Automotive Infotainment Market Driving Factors, Size and Forecast Analysis Report till 2025

June 01, 2021: The scope of the global Automotive Infotainment Systems Market was appreciated by US$ 15.20 billion in 2016 and it is likely to reach US$ 37.62 billion during the forecast period. The increasing demand for systems that can provide entertainment, accessibility comprising live audio streaming, on-demand music, combination of smart phone, along with a number of additional entertaining facilities and comfort within the car, is estimated to motivate the development of the automotive infotainment market. The manufacturers of the automobiles are also gradually integrating such type of systems in their automobiles having understood that such type of features can gladly motivate the purchasing decision of the customer.

Drivers:

The increasing stages of per head earnings in developing nations, mainly in Asia Pacific, are letting customers expend on luxury and top-class cars furnished by these systems. Progress in technology has furthermore steered the introduction to instinctive touchscreen, cutting-edge graphical user interfaces, vocal sound recognition, and additional amenities in these systems. Entirely such developments have potential for the development during the period of forecast.

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Additional features motivating the acceptance of these systems consist of smartphone connectivity, both over Wi-Fi or Bluetooth, which permits customers to access messages and additional information and makes it easier to work on the move. Furthermore, consumers can furthermore modify these systems consistent with their necessities and selections. This is also funding the acceptance of these systems. Over and above this, the capability of these systems to access cloud centered services and deliver unified connectivity and distant access to playlists and streaming of video is also motivating the demand for these systems.

A competition amongst OE fitted and aftermarket products is a specific high spot because the suppliers of OE fitted products emphasis on the quality whereas suppliers of aftermarket products mainly concentrated on the price. Per se, the demand for OE products is projected to be great in industrialized nations, whereas the aftermarket products would be mainly in demand in developing nations of Asia Pacific, where the choice of infotainment systems is constructed on the price.

Classification:

The global automotive infotainment systems industry can be classified by Application, Installation, Product, and Region. By Application it can be classified as Commercial Vehicles, Passenger Cars. By Installation, it can be classified as Aftermarket, OE fitted. By Product, it can be classified as Communication Unit, Head-up Display, Audio Unit, Navigation Unit, and Display Unit.

Regional Lookout:

By Region the global automotive infotainment market can be classified as North America, Europe, Asia Pacific, and South America. North America generated maximum revenue of US$ 5,723.1 million in 2018. North America is home to the important business participants and therefore the area is in leading position in the development and application of innovative automotive infotainment systems. The increasing inclination toward vocal sound recognition methods and driver distraction mitigation systems is estimated to motivate the development. The increasing end-users’ liking for HD in-dash display monitors is the additional obvious tendency that has been holding up in the local market.

The Asia Pacific is expected to develop at the maximum percentage during the period of forecast. The increasing stages of per head earnings of the customers are mainly letting them purchase passenger cars having modern facilities. The increasing sales of top-class cars in China are mainly estimated to add to the development of the local Asia Pacific’s market. Additionally, growing acceptance of smartphones together with the increasing demand for automotive infotainment systems with the combination of smartphone technology is projected to motivate the development during the period of forecast.

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Companies:

At present, the automotive infotainment systems market is extremely disjointed in nature. A number of medium and small sized companies are trying to build up their position, by way of launching reasonably priced aftermarket systems. Accordingly, it has started observing strong competition amongst suppliers of OE fixed systems and suppliers of aftermarket systems.

Some of the important companies for automotive infotainment industry are Delphi Automotive PLC, Clarion Corporation, Pioneer Corporation, Panasonic Corporation, Harman International, JVC KENWOOD Corporation, Visteon Corporation, Denso Corporation, Alpine Electronics, Garmin, and Continental AG.

Market Segment:

Automotive Infotainment Product Type Outlook (Revenue, USD Million; 2014 – 2025)

    • Audio Unit

    • Display Unit

    • Head-up display

    • Navigation Unit

    • Communication Unit

Automotive Infotainment Fit Type Outlook (Revenue, USD Million; 2014 – 2025)

    • OE fitted

    • Aftermarket

Automotive Infotainment Application Outlook (Revenue, USD Million; 2014 – 2025)

    • Passenger Cars

    • Commercial Vehicles

Automotive Infotainment Regional Outlook (Revenue, USD Million; 2014 – 2025)

    • North America

        • U.S.

        • Canada

    • Europe

        • UK

        • Germany

    • Asia Pacific

        • China

        • India

        • Japan

    • South America

        • Brazil

Get in touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

Contact Person: 

Ryan Manuel

Research Support Specialist, USA

Email: ryan@millioninsights.com

Automotive Relay Market by Leading Player, Size, Status and Forecast Report till 2025

May 28, 2021: The global Automotive Relay Market is expected to grow considerably in the near future due to increase in demand for various applications, such as trucks, heavy industrial equipment, and others. Automotive relay is a simple electromechanical switch that help a low amperage circuit turn on and off the higher amperage circuits, such as headlights. It is also used to switch multiple circuits at the same time with one output.

Single output connected to several relays enable simultaneous opening and/or closing. A normal automotive relay runs on either 5v or 12v signal, where 12v is a standard for all automotive batteries and 5v is standard for the sensors. They run by inserting a lever at the corner of bulky load and by positioning a wedge below the lever. This enables easy lifting of the heavy load with least efforts.

The factors driving of the automotive relay market include rise in levels of comfort and safety in driving, increasing replacement of lighter PCB relays with the conventional complex plug-in devices, increased popularity of PCB relays and high adoption, growing government initiatives for the inclusion of safer components to reduce the number of casualties, increase in the demand and production of hybrid electric vehicles, and rise in modernization of automobiles. However, poor standardization in design is restricting the automotive relay industry growth.

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Increasing use of enhanced technologies like GPS, temperature, weather, and traffic related information, ultimately escalating the demand for the product is one of the major trends witnessed in the domain. Nonetheless, the growing use of conventional plug-in in the automotive sector is challenging the automotive relays industry.

One of the leading players, Infineon is expected to present a new class of Embedded Power ICs, namely TLE985x. It offers AEC Q-100 competent H-bridge driver motor control technology for single-phase brushless DC and 2-phase DC motors. The device is also expected to help manufacturers for replacing automotive relays in low-end motor control uses like window lift and sunroof. By replacing to MOSFETs (metal-oxide-semiconductor field-effect transistor), high level of integration lowers the system costs. Surplus advantages include improved the PWM control and incorporated standardized current sense amplifier, enabling the adaption of motor currents. This also optimizes the motors and mechanics for more applications. This naturally reduces the size of motor and circuit board and improves the noise behavior.

The prominent players in the automotive relays market comprise Omron Corporation, ABB Ltd., TE Connectivity, Salzer Electronics Ltd., Deltrol Controls, Panasonic Corporation, American Zettler Inc., Nippon-Aleph, Fujitsu, Denso Corporation, Daesung, and NEC Corporation among others.

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Market Segment:

Product Outlook (Revenue, USD Million; 2014 – 2025)

    • PCB Relay

    • Plug-in Relay

    • High Voltage Relay

    • Others

Vehicle Type Outlook (Revenue, USD Million; 2014 – 2025)

    • Passenger vehicles

    • Commercial vehicles

    • Electric vehicles

Application Outlook (Revenue, USD Million; 2014 – 2025)

    • Resistive loads

    • Capacitive loads

    • Inductive loads

Regional Outlook (Revenue, USD Million; 2014 – 2025)

    • North America

        • U.S.

        • Canada

        • Mexico

   • Europe

        • Germany

        • UK

    • Asia Pacific

        • China

        • India

        • Japan

    • South America

        • Brazil

    • Middle East and Africa (MEA)

Get in touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

Contact Person: 

Ryan Manuel

Research Support Specialist, USA

Email: ryan@millioninsights.com

Compressed Air Treatment Equipment Market Opportunity, Status and Forecast Analysis Report till 2025

May 26, 2021: The global Compressed Air Treatment Equipment Market is expected to value at USD 11.2 billion by 2025. The market is subject to witness a substantial growth due to the growing concerns related to air pollution and increasing number of application in industrial sector. Growing awareness level among general population regarding air quality and development of sophisticated devices in manufacturing sector is expected to favor market growth over the next seven years. Globally, the compressed air treatment equipment industry is predicted to grow at CAGR of 6% in the forecast period, providing numerous opportunities for market players to invest for research and development in the market.

Major applications of compressed air treatment equipment include air purification and air treatment in various end-user industries across the globe. In addition, increasing demand for compressed air treatment equipment from food & beverages sector for processing application and limit contamination of food due to poor air quality is anticipated to drive the growth of compressed air treatment equipment market over the forecast period. Accumulation of moisture, hydrocarbon and particulate in air can contaminate end-product during the various manufacturing activities.

Use of compressor also contributes to the contamination of air in form of carryover and wear particles. These factors are expected to fuel market demand over the next seven years. However, lack of awareness among manufactures and lower maker penetration is estimated to limit market growth over the coming years. Yet, swift decline in the cost of compressed air treatment equipment and rising number of promotional activities by industry players is expected to offer future growth prospects for compressed air treatment equipment industry players in the upcoming years.

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Growing adoption of compressed air treatment equipment for air treatment helps to maintain compressed air system in optimized shape and removes humidity. Complete removal of humidity from compressed air system along with highly efficient cooling ensures low energy costs that supplements the lifecycle of tools and equipment. Compressed air treatment equipment plays a vital role in removing residual humidity, thus obtain dry air for several end use applications. Compressed air treatment helps to enhance the system efficiency and prolong product lifecycle by limiting effect of corrosion and rust.

The compressed air treatment equipment market is broadly categorized into five major segments based on the application type such as chemical industry, paper& paperboard sector, food & beverages industry, pharmaceutical sector and healthcare industry. The chemical segment is growing rapidly in the compressed air treatment equipment industry with substantial revenue generation in the last few years.

Growing popularity of compressed air treatment equipment in the chemical segment is attributed to the increasing use of compressor and to curb industrial air pollution. The food & beverages segment has also witnessed substantial growth owing to the growing requirement for sophisticated devices to minimize end product contamination.

The compressed air treatment equipment market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in air treatment sector, massive boom in manufacturing sector, rise in number of research & development activities in the region and existence of well-established infrastructure.

Asia-Pacific region is estimated to hold major market share in compressed air treatment equipment with massive growth in forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with strong economic growth, increasing manufacturing activities, rising awareness level regarding air pollution, stringent government laws & regulation by local governments to curb industrial pollution, and significant investment by leading industry players considering potential growth opportunities in the region.

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The key players in the compressed air treatment equipment industry are Parker Hannifin Co., Ingersoll-Rand plc, Atlas Copco Ltd., Donaldson Company, Inc., Emerson Climate Technologies, Inc., Ingersoll-Rand plc, Parker Hannifin Co. and Gardner Denver, Inc.

Market Segment:

Compressed Air Treatment Equipment Product Outlook (Revenue, USD Million; 2014 – 2025)

    • Filters

        • Particulate filter/pre-filter

        • Coalescing filter/oil removal

        • Adsorber filter/oil vapor removal

        • Filtered centrifugal separator

        • High temperature afterfilters

        • Moisture separators

    • Dryers

        • Refrigerated dryers

        • Desiccant dryers

        • Membrane dryers

        • Deliquescent dryers

    • Aftercoolers

    • Others

Compressed Air Treatment Equipment End-use Outlook (Revenue, USD Million; 2014 – 2025)

    • Chemical

    • Paper

    • Food & beverage

    • Pharmaceutical

    • Healthcare

    • Others

Compressed Air Treatment Equipment Regional Outlook (Revenue, USD Million; 2014 – 2025)

    • North America

        • U.S.

        • Canada

        • Mexico

    • Europe

        • Germany

        • UK

    • Asia Pacific

        • China

        • India

        • Japan

    • South America

        • Brazil

    • Middle East & Africa

Get in touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

Contact Person: 

Ryan Manuel

Research Support Specialist, USA

Email: ryan@millioninsights.com

U.S. Automotive Coolant Market Business Strategies, Growth Rate And Forecast till 2024

May 25 , 2021: The U.S. Automotive Coolant Market was appreciated at US$ 611.8 million in the year 2015 and is expected to reach USD 1.23 billion by 2024. It is estimated to develop at a substantial CAGR for the duration of the prediction. Growing automotive aftermarket and increasing alertness of the end users regarding the maintenance of the automobile and the efficiency of the engine, are amongst the pivotal issues for the progress of the business.

Growing demand for the fuel effective cars is expected to be a vital cause for the progress of the market. The coolants are better known as antifreeze mediators. They deliver possessions such as non-toxic, chemically inactive, anti-eroding, low-slung viscidness and greater thermal capability; that mark it appropriate for a number of Heating, Ventilation, and Air-conditioning [HVAC] uses.

The Automotive Coolant on the source of Type of End Use could span Two Wheelers, Passenger Car, Commercial Vehicles. The financial regaining in the U.S.A.post the stagnation of 2009 has prompted trade & financial actions in the area to foster the better demand for commercial transport.

The growth of the online retail segment [E-commerce] and the following demand for dependable cargo & properties transference are the most important features motivating the progress of the subdivision. Commercial vehicles are expected to raise by more than a CAGR of 8.6% above the prediction period and inhabit the market stake of nearby 54% by the completion of the prediction period.

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The sales of the passenger car have likewise augmented in the latest years. The market is comparatively established. It offers restricted opportunity for the development. The subdivision of two-wheelers, likewise presents a slighter sector for the automotive coolants, because the pauses for oil drain in such type of automobiles are lesser as compared to that of four-wheelers.

The U.S. Automotive Coolant on the source of Type of Delivery Network could span Automotive Aftermarket, OEM. Increasing time-span of automobiles together with growing per head earnings is the important aspect motivating delivery through the aftermarket. The manufacturing companies hardly accept the accountability for the refilling of the coolant after the purchase of the automobile. This has directed to greater demand from the aftermarket, everywhere the vehicles frequently added with coolants in the course of servicing.

The subdivision was responsible for nearby 72% stake of the entire capacity of the market during the year 2015.Itisprojected to develop at a CAGR of beyond 8% for the duration of prediction. Additionally, strict rules of Corporate Average Fuel Economy [CAFÉ] in the U.S.A. are costly for OEMs to meet the terms with, which tips to necessities in better size to pay back growing prices. These issues are expected to limit the progress in the subdivision of OEM; thereby offering profitable openings to providers of aftermarket.

The U.S. Automotive Coolant on the source of Type of Technology could span Hybrid Organic Acid Technology, Inorganic Acid Technology [IAT], Organic Acid Technology [OAT]. The subdivision of Organic Acid Technology [OAT] was responsible for a stake of more than 49% of the international capacity during the year 2015. Greater demand for coolants is centered on negligibly; reducing carboxylate technology such as alternates for conservative antifreeze constructed on amines, phosphates, nitrates, and silicates.

Conservatively, antifreeze mediators are located on Inorganic Acid Technology [IAT]; which proposes greater safety to engines of automobile counter to cavitation, boil overs, and lining pitting. Yet, these merchandises have misplaced approval to Organic Acid Technology [OAT] coolants in latest years because of their greater prices and the efforts required for the maintenance.

The U.S. Automotive Coolant market on the source of Type of Product could span Glycerin, Ethylene Glycol, Propylene Glycol. The subdivision of Propylene Glycol [PG] arose by way of the leading product in latest years; substituting Ethylene Glycol [EG] as the preferred antifreeze in the U.S.A. Propylene Glycol [PG] takes several rewards for example low-slung price, non-toxicity and greater compatibility as equated to the conservative Ethylene Glycol [EG] product, heading to a growth in transactions in fresh years.

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The statement revises Trades in terms of intake of U.S. Automotive Coolant in the market. Some of the important companies, operating in the field are Sinclair Oil Corporation, Lukoil, Ashland Corporation, Kost USA, Sinopec, ExxonMobil Corporation, Petronas, British Petroleum PLC., Motul, Total S.A, Chevron Philips Corporation and Royal Dutch Shell.

Market Segment:

U.S. Automotive Coolant Product Outlook (Volume, Million Gallons; Revenue, USD Million, 2014 – 2024)

    • Ethylene Glycol

    • Propylene Glycol

    • Glycerin

U.S. Automotive Coolant Technology Outlook (Volume, Million Gallons; Revenue, USD Million, 2014 – 2024)

    • Inorganic Acid Technology (IAT)

    • Organic Acid Technology (OAT)

    • Hybrid Organic Acid Technology (HOAT)

U.S. Automotive Coolant Distribution Outlook (Volume, Million Gallons; Revenue, USD Million, 2014 – 2024)

    • Original Equipment Manufacturers (OEM)

    • Automotive Aftermarket

U.S. Automotive Coolant End-Use Outlook (Volume, Million Gallons; Revenue, USD Million, 2014 – 2024)

    • Passenger Cars

    • Commercial Vehicles

    • Two-Wheelers

Get in touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

Contact Person: 

Ryan Manuel

Research Support Specialist, USA

Email: ryan@millioninsights.com

Small Arms Light Weapons (SALW) Market Opportunities, Challenges, Strategies And Forecast till 2024

May 25 , 2021: The global small arms light weapons (SALW) market is expected to value at USD 25.76 billion by 2024. The market is subject to witness a substantial growth due to the growing concerns related to human rights, safety, and security. Increase in the number of intense crimes and increasing demand from defense &military sector are expected to drive the market growth of small arms light weapons. Globally, the small arms light weapons industry is predicted to grow at higher CAGR in the forecast period, providing numerous opportunities for market players to invest for research and development in the market.

However, several environmental and government protocols, reduction in defense expenses by developed countries due to numerous peace initiatives and challenges from many human rights protestors are key factors obstructing the market progress. Factors responsible for sustained market growth for small arms light weapons market include prevalence of domestic violence, organized crimes, and drugs trafficking.

The small arms light weapons (SALW) industry is classifies into two types based on product type such as small arms and light weapons. The small arms market is further sub-categorized into pistols, rifles, revolvers, shotguns, and man-portable machine guns. Small arms are particularly manufactured for the individual use, while light weapons are designed such that more than one person can operate these weapons. Some of the light weapons include landmines, mortars, grenades launchers, rocket launchers, rocket-propelled grenades, anti-tank weapons, and anti-aircrafts. Other factors such as increasing investment for research and development for advanced small & light weaponry sector, and rising defense expenses of developing countries, are advancing the market progress.

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The SALW market is broadly categorized into two major segments based on the application type such as military & defense sector, and law enforcement. The military & defense sector is considered as one of the fastest growing segment in the with substantial revenue generation in the last few years. Growing popularity of small arms light weapons (SALW) in the military & defense segment is attributed to the increasing cross-border tensions between countries, political instability and increasing threat from several terrorist outfits. The law enforcement segment has also witnessed substantial growth owing to the prevalence of domestic violence, organized crimes, and drugs trafficking.

The small arms light weapons (SALW) industry is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in defense sector, increase in the number of research & development activities in the region and existence of well-established manufacturing infrastructure.

Asia-Pacific region is predicted to hold major market share in the small arms light weapons (SALW) market with massive growth in forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with growing terrorist activities in the region, rising defense expenditure, growing concerns related to human rights, safety and security, and significant investment by leading industry players considering potential growth opportunities in the region.

The key players in the SALW industry are GLOCK GmbH., FN Herstel S.A., Berette S.p.A., Colt’s Manufacturing Company LLC, Lockheed Martin Co., Raytheon, Inc., General Dynamics Co., Smith & Wesson Holding Co., SIG Sauer & Co., and Carl Walther GmbH.

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Market Segment:

SALW Type Outlook (Revenue, USD Million; 2014 – 2024)

    • Small Arms

    • Light Weight

SALW Application Outlook (Revenue, USD Million; 2014 – 2024)

    • Military

    • Law Enforcement

SALW Regional Outlook (Revenue, USD Million; 2014 – 2024)

    • North America

        • U.S.

        • Canada

        • Mexico

    • Europe

        • UK

        • Germany

        • France

        • Russia

    • Asia Pacific

        • China

        • Japan

        • India

    • South Korea

        • RoW

    • MEA

        • South America

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Gardening Equipment Market Growth by Top Companies And Forecast Analysis Report till 2025

May 11, 2021: Global Gardening Equipment Market is anticipated to witness exponential growth in the forecast period. The factors that propel the growth of the gardening equipment market include increasing annual incomes, changing consumer lifestyle, increase in backyard cooking, expansion of modern homes and usage of gardens for hosting parties. On the other hand, there are factors that may hamper the growth of the market including disturbances in retail market for garden products and unfavorable natural calamities. Gardening equipment industry is anticipated to grow at a significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe.

Gardening equipment industry may be explored by type, end user, and geography. The market may be explored by type as Hand Tools; which may be further explored as Weeder, Paving Weeder, Fishtail Weeder, Cape Cod Weeder, Shears & Snips, Hoe and Others, Water management Equipment, Trimmers & Edgers, Lawnmowers and Others. The “Lawn mowers product” segment led the gardening equipment market in 2017 and is anticipated to maintain its dominance by 2025. The key factors that may attributed to the growth of market includes extensive use of lawnmowers for garden and lawn maintenance in public parks, sports field and household backyards.

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Based on end user, the gardening equipment industry may be classified as Residential Market and Government/Commercial Market. The “Residential Market” segment led the market of gardening equipment in 2015 and is anticipated to maintain its dominance by 2025. The key factors that may attribute to the growth of market include rising interest in outdoor activities and small garden farming in flat systems.

North America accounted for the major share of the gardening equipment market size in 2017 and will continue to lead in the forecast period. The factors that could be attributed to the growth include the occurrence of suitable garden space and strict regulations pertaining to garden maintenance. North America is followed by Europe and Asia-Pacific owing to rise in disposable income, increasing consciousness among people, and improved standards of living. Canada, US and Western Europe will remain to account for the vast majority of the world demand. Moreover, countries such as Canada, the England, and the U.S. have strong garden care cultures and residential lawn.

Some of the key players that fuel the growth of the gardening equipment industry comprise Castorama, BayWa AG, Home Retail Group PLC, Daiya Tsusho Co. Ltd., Honda Motor Company Limited, Kingfisher PLC, The Ace Hardware Corp., Kingfisher PLC, Deere & Company, The Home Depot Inc., Textron Incorporated, Toro Company, The Ace Hardware Corp., Wesfarmers Ltd and Wal-Mart Stores Incorporated. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

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Market Segment:

Gardening Equipment Product Outlook (Revenue, USD Billion; 2014 – 2025)

    • Hand Tools

        • Weeder

            • Cape Cod Weeder

            • Paving Weeder

            • Fishtail Weeder

        • Hoe

        • Shears & Snips

        • Others

    • Lawnmowers

    • Trimmers & Edgers

    • Water management Equipment

    • Others

Gardening Equipment End-Use Outlook (Revenue, USD Billion; 2014 – 2025)

    • Residential

    • Commercial/Government

Gardening Equipment Regional Outlook (Revenue, USD Billion; 2014 – 2025)

    • North America

        • U.S.

        • Canada

    • Europe

        • U.K

        • Germany

        • France

        • Italy

        • Netherlands

        • Denmark

        • Finland

        • Spain

    • Asia Pacific

        • China

        • India

        • Japan

    • Latin America

        • Brazil

        • Mexico

    • Middle East & Africa

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Drill Pipe Market Segmentation And Opportunity Analysis Report till 2025

May 06, 2021: The global Drill Pipe Market size is expected to value at USD 1.31 billion by 2025. The drill pipe industry is subject to witness a substantial growth due to the robust growth of oil& gas industry, especially in the North American and the Middle Eastern region. In addition, the development of advanced drilling techniques coupled with high-end productivity are expected to foster market growth in the upcoming years.

However, lowered cost of crude oil and massive slump in the drilling activities are some of the key challenges for market expansion, in the last few years. These factors are also expected to hamper overall productivity and operating profitability of upstream or exploration and production companies across the globe, largely affecting market growth, since last couple of years. Globally, the drill pipe market is predicted to grow at higher CAGR in the forecast period, providing numerous opportunities for market players to invest in research and development of the market.

Presence of a large number of independent contractors and local manufacture, particularly in the U.S. and Canada has led to the market expansion in forecast period. In addition, increasing amount of onshore activities and growing demand from upstream or exploration & production companies are estimated to stimulate market growth in the near future. The technological advancements in the oil & gas sector coupled with development of novel techniques to meet the current energy demand are steering the growth of drill pipes industry as well.

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However, higher production & installation cost and lack of skilled workforce are expected to negatively affect market progress. Additionally, shifting trend towards adoption of renewable energy sources coupled with numerous laws & regulation by local and international authorities such as Fund for Wild Nature (FWN) to regulate petroleum production is limiting the market growth.

Increasing concerns regarding environmental hazards due to excessive emission of greenhouse gas emission is hindering the market development in the recent years. The equipment rental services segment has also displayed a steady growth rate over the past couple of years. Yet, substantial recovery in the oilfield activities and stabilizing crude oil costs are anticipated to fuel market growth in next five years. Moreover, the new finding of hydrocarbon reserves in the South China Sea and South-East Asia are predicted to offer numerous opportunities for regional manufactures in the upcoming years.

API grade drill pipes is considered as one of the fastest growing segment in the drill pipe market with largest market share in the last few years. Growing popularity of the API grade drill pipes in oil & gas industry is credited to higher approval rate among upstream or exploration & production, standardization of the finished products and declined operational cost. In addition, factors responsible for robust growth of the API grade drill pipes segment include higher market penetration and easy installation. API grade products are mostly suited for standard atmospheric conditions and traditional basins due to their easy availability and lower an ongoing cost for running a product.

The drill pipe industry is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in oil & gas industry, significant investment by downstream &exploration and production companies, and existence of well-established industrial infrastructure.

Asia-Pacific region is predicted to hold major market share in the drill pipes market with massive growth in forecast period. Countries such as China, Indonesia, Australia and India are leading the Asia-Pacific market with increasing rig activities in the region, development of offshore basins, strong economic growth, large consumer base, and significant investment by leading industry players considering potential growth opportunities.

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The key players in the drill pipe industry are National Oilwell Varco (NOV) Co., Inter Drill Asia Ltd., Superior Drill Pipe Manufacturing Inc., DP Master Manufacturing Pvt., Ltd., Shanghai Hilong Drill Pipe Co., Ltd., TPS TECHNITUBE RÖHRENWERKE GmbH, Tenaris Co., Drill Pipe International LLC, VallourecS.A., and RK Pipe LLC.

Market Segment:

Global Drill Pipes Grade Outlook (Revenue, USD Million, 2014 – 2025)

    • API Grade

    • Premium Grade

Global Drill Pipes Application Outlook (Revenue, USD Million, 2014 – 2025)

    • Onshore

    • Offshore

Global Drill Pipes Regional Outlook (Revenue, USD Million, 2014 – 2025)

    • North America

        • U.S.

        • Canada

        • Mexico

    • Europe

        • Russia

        • UK

        • Norway

    • Asia Pacific

        • China

        • India

        • Indonesia

    • Central & South America

        • Brazil

        • Argentina

        • Venezuela

    • Middle East

        • Saudi Arabia

        • UAE

        • Qatar

        • Kuwait

    • Africa

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pH Meters Market Status, Opportunities, Drivers, Challenges and Growth Factors till 2022

April 29, 2021: Global pH Meters Market is estimated to grow significantly in the forecast period owing to the introductions in technologies, favorable regulations and need to control waterborne diseases conditions. pH meter is an instrument that measures acidity or alkalinity of a solution. Basically, it consists of a voltmeter that is attached to a pH-responsive electrode and a reference electrode. pH is measured with the help of pH indicators in the form of a solution, pH strips or potentiometric method. It works by measuring potential difference between known reference electrode and measuring pH electrode.

The potential of pH electrode varies on the concentration of hydronium ions. Precisely, a pH meter is an accurate voltmeter connected to pH and reference electrodes, which is scaled in a way that displays ready pH value. The applications of pH meters can be found in industries like laboratory, food science and pharmaceutical, among others. Technological modernizations and portable design in pH meters are the main reasons driving pH meters market.

The major driver of the market is the strict regulations on water quality. Various environmental agencies and water governing organizations in respective countries have set certain limits to ensure that water distribution agencies supply high-quality drinking water to public. Government of different nations have also set drinking water quality parameters.

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Drinking water contains harmful substances and hence water distribution agencies are responsible to supply proper purified water from sources. Since different countries follow different set of parameters, there is no universally accepted international standards for pure drinking water. The permitted concentration of individual pollutant constituent may vary five times from the standard set from one nation to another.

The recent trend gaining momentum in pH meters industry is calibration-free pH meter. The cleaning of probes and electrodes is one of the major challenges for the industry. This increases the total cost and time required for the maintenance of pH meters. The exact measurement of pH levels also requires skilled technicians who spend maximum time maintaining and calibrating pH electrodes, which leads to extra cost and manpower. The complex process mostly introduces technical issues and human errors. However, challenges concerning the use of pH meters like electrode drift, sample contamination and inaccurate measurement are expected to restrain the adoption of pH meters rate in most industrial practices. Lack of awareness regarding importance of pH meters in emerging nations will continue to obstruct the growth of pH meters industry.

Convenient pH meters are highly demanded due to their wide applications in several industries like food & beverage, chemical testing, pharmaceutical, monitoring waste-water and drinking water. Owing to these reasons, pH meters market is expected to grow impressively in the forecast period. Portable pH meters are gaining popularity globally due to the ease of use they offer. Along with increasing activities in water testing and environment testing, the demand for portable meters is predicted to grow at a faster rate among other categories.

pH meters industry is categorized on the basis of type, application, and geography. On the basis of type, the market is divided into bench-top pH meters, portable pH meters, and continuous pH meters. Based on application, the industry is classified into water & wastewater treatment, pharmaceuticals & biotechnology, chemicals & petrochemicals, environmental research & pollution control, food science, and educational laboratories.

Geographically, pH meters market is divided into North America, Europe, Asia Pacific, and Middle East & Africa. North America is projected to dominate the market in the coming years due to strict regulations regarding the quality of drinking water, existence of various industries that use pH meters and growing research activities in pharma sector.

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The key players in pH meters industry comprise A & E Technology Import & Export Co. Ltd., Qingdao Tlead International Co. Ltd., Shenzhen Huge Creation Technology Ltd., Zhangzhou Eastern Intelligent Meter Co Ltd, Hangzhou Lohand Biotechnology Co. Ltd., Tecpel Co Ltd., Suzhou Unigreen Electronic Technology Co. Ltd., Contech Instruments Ltd., Swastik Scientific Company, Yantai Chemins Instrument Co Ltd., and Shanghai Selon Scientific Instrument Co. Ltd.

Market Segment:

pH Meter Market Product Outlook, by Revenue (USD Million, 2012 – 2022)

    • Bench top pH meters

    • Portable pH meters

    • Continuous pH meters

pH Meter Market End-Use Outlook, by Revenue (USD Million, 2012 – 2022)

    • Pharmaceuticals and Biotechnology

    • Environmental Research and Pollution Control

    • Food Science

    • Others

pH Meter Market Regional Outlook, by Revenue (USD Million, 2012 – 2022)

    • North America Product Outlook by Revenue (USD Million), 2012 – 2022

        • U.S.

        • Canada

    • Europe Product Outlook by Revenue (USD Million), 2012 – 2022

        • Germany

        • UK

        • France

    • Asia Pacific Product Outlook by Revenue (USD Million), 2012 – 2022

        • Japan

        • China

        • India

    • Latin America Product Outlook by Revenue (USD Million), 2012 – 2022

        • Brazil

        • Mexico

    • MEA Product Outlook by Revenue (USD Million), 2012 – 2022

        • South Africa

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