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Industrial Refrigeration System Market is Expected to Register a Considerable Growth by 2026

Nov 23, 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 Refrigeration System Market.

It was estimated prior to this unanticipated outbreak that the Industrial Refrigeration System Market is likely to witness a CAGR of 5.2% during the forecast period. The global industrial refrigeration system market has almost neared a saturation level with an unwavering growth in the last five years and is expected to witness similar growth during the forecast period. There have been not much technological progressions in the field of industrial refrigeration systems in the recent years, but a gradual shift can be expected from the use of ozone depleting substances, such as hydrofluorocarbons (HFCs) and hydrochlorofluorocarbons (HCFCs) to natural refrigerant-based systems. Growing cold chain infrastructure in the developing economies of Asia-Pacific, Latin America, the Middle East, and Africa is likely to act as a major growth driver for the global industrial refrigeration system market.

Industrial Refrigeration System refers to a wide range of refrigeration applications such as freezers or liquefaction, and others.

Industrial Refrigeration System comprise of a number equipment such as compressors, condensers, evaporators, controls, pumps, and others. Fruit & vegetable processing, beverage, refrigerated warehouse, chemicals, diary, and others are some of the industries where industrial refrigeration system is used.

Segment Analysis

Based on the equipment type, the market is segmented as compressors, condensers, evaporators, controls, vessels, valves, pumps, and auxiliary equipment. The controls segment is expected to witness the highest growth during the forecast period, owing to the growing significance of controlling system and software to improve energy efficiency of the existing and the new refrigeration systems.

Based on the refrigerant type, the market is segmented as ammonia, CO2, HFC, and others. The CO2 refrigerant segment is expected to witness the highest CAGR during the forecast period. This growth can be attributed to the higher adoption of CO2 refrigerants in the food and beverage industry, a major application area of industrial refrigeration system. Further, there are ample number of research & developmental activities going on in the developed economies to develop and employ CO2 refrigerants.

In terms of regions, North America dominated the industrial refrigeration system market and is expected to retain its dominant position during the forecast period. The USA is the growth engine of the North American market owing to dependable supply chain, significant capital investment, presence of a large number of end-users, and continuous research and development activities to meet the industry challenges. Asia-Pacific is expected to witness the highest growth owing to significant economic development in the region, rising disposable income of consumers, expanding infrastructure, and government support. Developing economies, such as China and India are the growth engines of the Asia-Pacific market.

Key Players:

Key players operating in the global Industrial Refrigeration System market are-

  • Johnson Controls International plc,
  • The Emerson Electric Company,
  • Ingersoll-Rand plc,
  • GEA Group AG,
  • The Danfoss Group,
  • Daikin Industries, Ltd.,
  • Bitzer SE, 
  • United Technologies Corporation,
  • Mayekawa Mfg. Co. Ltd.,
  • Lu-Ve Group,
  • Lennox International Inc.,
  • Evapco, Inc.,
  • Baltimore Aircoil Company, Inc.

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 Refrigeration System 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 

Know more about Stratview Research:

Stratview Research is a global market research company and is known to offer custom research reports in varied fields such as aerospace & Defense, Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas. Our team makes sure to have deep research about the topics so that the most useful insights can be delivered to the professionals.

Need a detailed report? Get in touch with us: 

Stratview Research

E-mail: sales@stratviewresearch.com

Direct: +1-313-307-4176

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Covid-19 Impact on Polyhydroxyalkanoate (PHA) Market is Booming Across the Globe, Explores the Latest Report

Nov 22, 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 Polyhydroxyalkanoate (PHA) Market.

It was estimated prior to this unanticipated outbreak that the Polyhydroxyalkanoate (PHA) Market is likely to witness an impressive CAGR of 11.5% during the forecast period. The growth of the market for polyhydroxyalkanoate (PHA) is mainly attributed by the increasing demand for biodegradable plastics, propelled by stringent government regulations against single-use plastics and trends related to sustainable development and rising concerns towards greenhouse gas emission linked with positive regulatory framework facilitating consumption of bio-based products.

Polyhydroxyalkanoate is a type of natural polyester which is derived from bacterial fermentation. It possesses various properties, such as sustainability, biodegradability, and is of bio-based nature, which is used in various applications such as agriculture, biomedical, and packaging & food services.

The mechanical properties of PHA can also be changed by blending, modifying the surface or by combining it with polymers, enzymes and inorganic materials, so as to use it in a wide array of applications.

Segment Analysis

Based on the type, the market is segmented as short chain length and medium chain length. The short chain length segment held the larger share of the market in 2019, and is expected to remain dominant during the forecast period. The extensive use of short chain length PHA is in the biomedical application and increasing usage of biodegradable plastics is driving the growth of this segment.

Based on the application type, the polyhydroxyalkanoate (PHA) market is segmented as packaging & food services, biomedical, agriculture, and others. The packaging & food services segment is estimated to dominate the market during the foreseen duration. Polyhydroxyalkanoate is used in various applications of packaging & food services, such as plastic bags, sheets, and disposable cutlery, which is propelling the growth during the forecast period.

In terms of regions, Europe is estimated to be the largest polyhydroxyalkanoate (PHA) market during the forecast period, with Germany, France, and the UK, being the major countries with lucrative growth opportunities. The growth of the market is driven by the regulations, policies, and consumer behavior, which is generating huge demand for polyhydroxyalkanoate (PHA) and the presence of a large number of polyhydroxyalkanoate (PHA) manufacturers in the European region. North America and Asia-Pacific are also expected to offer considerable growth opportunities during the forecast period.

Key Players:

Key players operating in the global Polyhydroxyalkanoate (PHA) market are-

  • Taconic Biosciences
  • FIBERFLON
  • Saint-Gobain Performance Plastics
  • W. L. Gore & Associates, Inc.
  • Chukoh Chemical Industries
  • Daikin Industries.

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 Polyhydroxyalkanoate (PHA) 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 

Know more about Stratview Research:

Stratview Research is a global market research company and is known to offer custom research reports in varied fields such as aerospace & Defense, Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas. Our team makes sure to have deep research about the topics so that the most useful insights can be delivered to the professionals.

Need a detailed report? Get in touch with us: 

Stratview Research

E-mail: sales@stratviewresearch.com

Direct: +1-313-307-4176

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Phase Change Materials Market: Global Industry Analysis and Forecast 2020-2025

Nov 22, 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 Phase Change Materials Market.

It was estimated prior to this unanticipated outbreak that the Phase Change Materials Market is likely to witness an impressive CAGR of 18.2% during the forecast period. Strong demand from end-use industries, such as building & construction, HVAC, cold chain & packaging, thermal energy storage, refrigeration & equipment, electronics, textiles, and others is the major factor driving the demand for phase change materials in the global market. Phase change material holds unique feature that it can store and release large amount of energy/heat while maintaining a constant temperature and hence, is used to conserve energy, reduce operating cost, and provide temperature security.

Phase Change Materials are materials that are capable of changing their phase or form from solid to liquid and vice versa. These are useful in storing heat so that it can be used later on when needed. When they absorb, they melt and they again solidify when they release heat. These can be stored in different insulated buffers so that they can be used for upcoming needs.

Phase Change Materials can be of several types with their own advantages and disadvantages. These materials can be used in a wide number of areas such as construction, textiles, refrigeration, and many others.

Segment Analysis

Based on the type, the market is segmented as Inorganic PCM, Organic PCM, and Bio-based PCM. The inorganic PCM is expected to lead the market during the forecast period, owing to its good thermal conductivity, high latent heat of fusion, non-flammability, and low cost. Inorganic PCMs are extensively used in thermal energy storage, HVAC, cold chain & packaging, and refrigeration & equipment.

Based on the application type, the PCM market is segmented as building & construction, HVAC, cold chain & packaging, thermal energy storage, refrigeration & equipment, electronics, textiles, and others. The building & construction segment is expected to remain the largest segment during the forecast period, owing to stringent regulations towards greenhouse gas emission and increasing investment for low carbon buildings, especially in North America and Europe.

In terms of regions, Europe is expected to remain the largest market for phase change materials during the forecast period. Stringent regulation regarding usage and handling of temperature-sensitive goods, implementation of strict building codes, and the European Union directives to improve efficiency in buildings are the major factors that have led to the dominance of Europe in the global PCM market.

Key Players:

Key players operating in the global Phase Change Materials market are-

  • Honeywell Electronic Materials, Inc.,
  • Laird PLC.,
  • Sasol Limited,
  • Croda International PLC.,
  • Entropy Solutions LLC, 
  • Microtek Laboratories Inc.,
  • Pluss Advanced Technologies Pvt. Ltd.,
  • Phase Change Energy Solutions Inc.,
  • Rubitherm Technologies GmbH,
  • Phase Change Materials Products Ltd.,
  • Outlast Technologies LLC,
  • Henkel AG & Company,
  • KGaA,
  • Cold Chain Technologies, Inc.

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 Phase Change Materials 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 

Know more about Stratview Research:

Stratview Research is a global market research company and is known to offer custom research reports in varied fields such as aerospace & Defense, Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas. Our team makes sure to have deep research about the topics so that the most useful insights can be delivered to the professionals.

Need a detailed report? Get in touch with us: 

Stratview Research

E-mail: sales@stratviewresearch.com

Direct: +1-313-307-4176

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Silicon Nitride Market: Global Industry Analysis and Forecast 2020-2025

Nov 18, 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 Silicon Nitride Market.

It was estimated prior to this unanticipated outbreak that the Silicon Nitride Market is likely to witness an impressive CAGR of 7.5% during the forecast period. The growth in demand for silicon nitride is majorly due to its superior properties, such as remarkable tolerance towards abrasion, corrosion, and most chemicals. Further, it offers the highest fracture resistance than any other advanced ceramic, thus making it the most preferred material to find extensive use in various end-use industries, which is likely to drive the market during the forecast period.

Silicon nitride is a chemical compound made of elements, silicon and nitrogen. It is a white, high-melting-point solid. It is prepared by heating powdered silicon between 1300 °C to 1400 °C in a nitrogen environment. It retains fracture toughness and high strength even at very high temperatures.

Silicon nitride is used as a high-temperature structural component for gas turbines, combustor parts, and automotive engines.

Segment Analysis

Based on the product type, the market is segmented as reaction bonded silicon nitride, hot pressed silicon nitride, sintered silicon nitride, and others. The sintered silicon nitride segment is expected to remain dominant during the forecast period. Properties such as higher thermal shock resistance, high-temperature strength, creep resistance, better fracture toughness, excellent wear resistance, and oxidation resistance are the major factors expected to drive the growth of the segment during the forecast period.

Based on the end-use industry type, the silicon nitride market is segmented as photovoltaic, automotive, general industry, aerospace, medical, and others. The automotive industry dominated the market in 2019, and is likely to maintain its dominance during the forecast period as well. The growth of this segment is attributed to the high-temperature resistance property, which enables silicon nitride to be used in components of automobiles, such as engines. On the other hand, the medical industry is estimated to be the fastest-growing segment during the forecast period.

In terms of regions, Asia-Pacific is estimated to be the largest as well as fastest-growing market for silicon nitride during the forecast period, with China, Japan, India, and South Korea being the major growth engines of the region. The Asia-Pacific’s market for silicon nitride is driven by its increasing consumption, majorly in the automotive industry. North America and Europe are also expected to offer considerable growth opportunities during the forecast period.

Key Players:

Key players operating in the global Silicon Nitride market are-

  • The 3M Company
  • AlzChem Group
  • CeramTec
  • Denka Company Limited
  • H.C. Starck GmbH
  • Kyocera Corporation
  • Morgan Advanced Materials
  • Toshiba Corporation
  • Ube Industries, Ltd.
  • Yantai Tomley Hi-Tech Advanced Materials

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 Silicon Nitride 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 

Know more about Stratview Research:

Stratview Research is a global market research company and is known to offer custom research reports in varied fields such as aerospace & Defense, Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas. Our team makes sure to have deep research about the topics so that the most useful insights can be delivered to the professionals.

Need a detailed report? Get in touch with us: 

Stratview Research

E-mail: sales@stratviewresearch.com

Direct: +1-313-307-4176

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Covid-19 Impact on Automotive Gesture Recognition Market Pegged for Robust Expansion by 2026

Nov 18, 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 Automotive Gesture Recognition Market.

It was estimated prior to this unanticipated outbreak that the Automotive Gesture Recognition Market is likely to witness an impressive CAGR of 18.0% during the forecast period. The major factor primarily driving the market for Automotive Gesture Recognition is the growing concern regarding animal health and surge in demand for the nutrient uptake of feed.

Automotive gesture recognition system helps in enhancing safety and control of vehicles. This system gets initiated and performs the desired actions, after sensing/receiving a human touch or gesture.

The increasing integration & adoption of digital systems in the modern-day vehicles in order to enhance passenger comfort and control, is one of the major factors fueling the growth of the automotive gesture recognition market. Of late, there has been a surge in the demand for electric vehicles, which is expected to present a festoon of opportunities in the market. With the increasing demand for passenger and driver safety in vehicles, automobile manufacturers are actively engaged in developing new technology and automation features for vehicles. In addition, there has been a significant rise in the disposable income of consumers, which is immensely boosting the market growth. These are some of the major factors likely to bolster the growth of the automotive gesture recognition market during the forecast period.

Segment Analysis

Based on the product type, the market is segmented into touch-based systems and touchless systems. The touch-based gesture recognition systems have a higher demand currently as compared to the touchless systems, as a large number of companies are engaged in the development and installation of such touch technologies in the modern-day vehicles. Of late, due to the increased adoption of automation technologies in the automobiles, vehicle manufacturers are focusing on the integration of touchless systems in vehicles. With the rising preference for electric vehicles among the consumers lately, it is expected that the touchless gesture recognition technologies would gain traction in the market and exhibit a rapid growth, during the forecast period.

Based on the authentication type, the market is segmented into hand recognition/fingerprint recognition/palm recognition/leg recognition, facial recognition, vision/iris recognition, and others. Over the years, with the rapidly changing consumer demands, there has been several advancements in passenger vehicles. One such feature is the biometric security system of the vehicles for enhanced car security. As a result of the large number of technological advancements in the market, it is estimated that the hand recognition/fingerprint recognition/palm recognition/leg recognition market sub-segment would gain the maximum traction and grow steadily, during the forecast period.

Based on the application type, the market is segmented into navigation/multimedia/infotainment systems, lighting systems, and others. Among these applications, the navigation/multimedia/infotainment systems are estimated to lead the market during the forecast period. As a large percentage of the automotive gesture recognition systems is used for infotainment purpose, such as scanning radio channels and playing music, they account for a larger share of the market as compared to other applications. Similarly, navigation is another feature that is very much sought after by consumers, which increases their demand respectively.

In terms of regions, the market is segmented into North America, Europe, Asia-Pacific, and Rest of the world. Among these regions, North America is expected to be dominant for the automotive gesture recognition market throughout the forecast period. The region leads the global market in terms of the technological advancements and thus, generates a very demand w.r.t vehicular automation. In addition, with the ongoing R&D in electric and driverless vehicles, the overall demand for the automotive gesture recognition systems is anticipated to increase, during the forecast period. Furthermore, several companies in countries such as China, India, Japan, and South Korea have invested significantly in the market, lately, which results in a rapid growth of the Asia-Pacific region, during the forecast period.

Key Players:

Key players operating in the global Automotive Gesture Recognition market are-

  • Aptiv
  • Bosch Sensortec GmbH
  • Continental AG
  • gestigon GmbH
  • Melexis
  • Sony Depthsensing Solutions SA/NV
  • Synaptics Incorporated
  • Texas Instruments Incorporated
  • Visteon Corporation
  • Volkswagen.

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 Automotive Gesture Recognition 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 

Know more about Stratview Research:

Stratview Research is a global market research company and is known to offer custom research reports in varied fields such as aerospace & Defense, Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas. Our team makes sure to have deep research about the topics so that the most useful insights can be delivered to the professionals.

Need a detailed report? Get in touch with us: 

Stratview Research

E-mail: sales@stratviewresearch.com

Direct: +1-313-307-4176

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

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The one-stoThe 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 Veterinary Vaccines Market. Veterinary Vaccines Market 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. The Veterinary Vaccines Market is projected to grow from USD 8.24 billion in 2020 to USD 12.81 billion by 2026 at a CAGR of over 7.6% during the forecast period. Request a Sample here: https://www.stratviewresearch.com/Request-Sample/1702/veterinary-vaccines-market.html#form Segment Analysis By technology, the veterinary vaccines market has been segmented into attenuated live vaccines, inactivated vaccines, toxoid vaccines, recombinant vaccines, and others. • Under these, the attenuated live vaccines segment held the highest market share in 2020 and is likely to register a substantial CAGR during the review period. • Live attenuation is the oldest vaccination method that is used in the veterinary field. • This method is also under trial for the development of additional applications. By region, North America accounted for the highest market share in 2020 and is projected to grow at a steady CAGR during the assessment period. • This is mainly ascribed to the increasing incidence of canine disorders, which, in turn, adoption of vaccination for the same coupled with the rising pet population in the U.S. is one of the key factors contributing to the expansion of the market share of the region. 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 Veterinary Vaccine 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 About Stratview Research Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making. It is a global market intelligence firm providing a wide range of services including syndicated market reports, custom research, and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas. Contact: Stratview Research E-mail: sales@stratviewresearch.com Direct: +1-313-307-4176 p blog for all the major updates from across different industries

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