Veterinary Vaccines Market to Grow at a Robust Pace During 2021-2026

July 02,2021/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Structural Steel Market.

Structural steel market is likely to witness an impressive CAGR of 7.1% during the forecast period. The prime factor that is contributing to the demand for structural steel is the growing construction industry.

Structural steel is a category of steel construction material that is produced with a particular shape or cross section, and some specified values of chemical composition and strength. The composition of structural steel, strength, size, shape, and storage are controlled in most advanced countries.

The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

Based on the product type, the market is segmented as heavy structural steel, light structural steel, and rebars. The heavy structural steel segment is expected to maintain its commanding position over the forecast period, driven by the increasing infrastructural spending across the globe.

Based on the application type, the market is segmented as residential, non-residential, and industrial. The residential segment is estimated to grow with the highest CAGR over the forecast period owing to rapid urbanization, especially in developing nations.

In terms of regions, Asia-Pacific is estimated to be the largest market for structural steel during the forecast period. The region’s market growth is attributed to the rapid residential, non-residential and infrastructural developments in the emerging economies, such as India and China. Europe and North America are also expected to offer substantial growth opportunities during the forecast period.

Key Players:               

Some of the major players in the structural steel market are-

• ArcelorMittal S.A.
• Shagang Group Company Limited
• Hesteel Group Company Limited
• Nippon Steel & Sumitomo Metal Corporation
• POSCO
• VISA Steel
• Steel Authority of India Limited
• Anyang Iron & Steel Group Co., Ltd.
• China BaoWu Steel Group Corporation Limited.

Features of the Report

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

The structural steel market analysis report discusses the following heads in great detail:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• COVID-19 Impact Assessment
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors 

July 01,2021/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Gas Insulated Switchgear Market .

Gas Insulated Switchgear Market is likely to witness an impressive CAGR of 8.9% during the forecast period. Growth in renewable power generation, rise in energy demand, increasing investments towards transmission & distribution infrastructure, and government initiatives across the globe towards improving electricity access are the major factors that are driving the global gas insulated switchgear market.

Gas Insulated Switchgear refers to a metal compact switchgear that has components of high voltage. These components are such that can be handled safely.

Gas Insulated Switchgear can be for both high-voltage and medium-voltage. The switchgear can be installed indoor, outdoor, and also as solid bus duct connection and cable connection.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

Based on the type, the market is segmented as high-voltage insulated switchgear and medium-voltage insulated switchgear. The medium-voltage insulated switchgear segment is expected to witness a higher growth during the forecast period. Rapid improvement in the power distribution sector owing to implementation of smart grid and smart metering technology along with the growing penetration of gas insulated switchgear are the major factors driving the growth of medium-voltage insulated switchgear.  

Based on the voltage type, the market is segmented as distribution voltage, sub-transmission voltage, high-voltage transmission, extra-high voltage transmission, and ultra-high voltage transmission. The extra high-voltage transmission segment is expected to witness the highest growth during the forecast period. Technical superiority of gas insulated switchgear over air and vacuum switchgear is the prime driver behind the high growth of the extra high-voltage transmission segment.

Based on the end-user type, the market is segmented as power transmission utilities, power distribution utilities, power generation utilities, infrastructure & transportation, and industries & OEMs. The power distribution utilities segment is expected to witness the highest growth in the coming five years. Rapid urbanization in developing economies and government initiatives towards expansion of electricity in rural areas are the major factors towards the high growth of the power distribution utilities segment.

In terms of regions, Asia-Pacific is expected to witness the highest growth in the gas insulated switchgear market during the forecast period. China South Korea, Japan, and India are the growth engines of the region. The market is driven by growing power consumption, government initiatives towards energy efficiency, and upgradation of aging utility infrastructure in the region. North America and Europe are also expected to offer substantial growth opportunities in the gas insulated switchgear market during the forecast period.  

Key Players:               

Some of the major players in the gas insulated switchgear market are -

• ABB Group,
• Siemens AG,
• Schneider Electric SE,
• Mitsubishi Electric Corporation,
• General Electric Company,
• Hitachi, Ltd.,
• Hyundai Heavy Industries Co., Ltd.,
• Fuji Electric Co., Ltd.,
• Nissin Electric Co., Ltd.,
• Larsen & Toubro Ltd.

 Features of the Report                               

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

The Gas insulated Switchgear Market analysis report discusses the following heads in great detail:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• COVID-19 Impact Assessment
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors 

Jun 29,2021/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Industrial & Residential Heating Market.

Industrial & residential heating market is likely to witness a CAGR of 5.3% during the forecast period. The prime factor contributing to the increasing demand for industrial & residential heating systems is the increasing adoption of sustainable and smart technologies to meet the stringent regulations related to carbon emission reduction.

Industrial & residential heating systems are used to maintain indoor temperature through thermal energy. They can be centralized or distributed heating systems. In central heating system, wood or fuel is burned in an appliance to generate heat. Commercial heating systems are different from residential heating systems as the former cover a larger area divided into different departments. So, it uses either radiant or warm air.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

Based on the wood & pellet heating type, the market is segmented as fireplaces, catalytic wood stoves, masonry heaters, and boilers. Catalytic wood stoves are expected to remain the dominant segment during the forecast period. They are suitable for longer and overnight burns with low emission. They are the most efficient stove available in the market.

In terms of regions, Europe is estimated to remain the largest market during the forecast period driven by cold climate and significant investment on heating system deployment in residential and industrial sectors. Better air quality, low thermal losses, low greenhouse gas emission are the prime factor contributing to the growth of the market.

Key Players:               

• Ariston Thermo Group SpA
• Babcock and Wilcox Enterprises Inc.
• Blaze King Industries
• Chazelles
• Hurst Boiler and Welding Co Inc.
• Jotul AS
• Mitsubishi Hitachi Power Systems Ltd.
• Regency Fireplace Products
• Tulikivi Corporation
• Viessmann Group
• Others

Features of the Report

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

The Industrial & residential heating market analysis report discusses the following heads in great detail:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• COVID-19 Impact Assessment
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors 

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