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

July 19,2021/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 Oil Filled Transformer Market.

Oil Filled Transformer Market is likely to witness an impressive CAGR of 6.2% during the forecast period. Development of effective grid systems due to increasing spending on the upgrading of electric infrastructure, initiatives to rejuvenate power grids and making them sustainable, resilient, and affordable and growing electricity demand are some of the major factors driving the market growth during the forecast period.

Oil filled transformers are transformers whose windings and magnetic circuits are absorbed in oil with good electrical insulating properties to wedge the flow of current through the oil.

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 core type, the market is segmented as closed, shell, and berry. Shell oil filled transformer is projected to witness strong growth rate in the market owing to the development of HVDC networks to fulfil the continuously increasing electricity demand. Furthermore, the widespread application of shell transformers across higher power ratings and higher voltages, and their special design, that gives them innately better kVA to weight ratio, improved immunity to transit damage and healthier short circuit strength features will boost the product demand during the forecast period.

Based on the product type, the market is segmented as distribution transformer, power transformer, instrument transformer, and others. Power transformer is anticipated to be the leading segment of the market owing to the growing need for a competent transmission system to safeguard reliable power supply. In addition, optimistic leaning towards the development of high voltage lines to accommodate the surging electricity demand across developed economies will fuel the segment growth over the forecast period.

Based on the installation type, the market is segmented as outdoor and indoor. Outdoor oil filled transformers are likely to take the lead in the market on account of their ability to function at high voltage application ranges. In addition, along with offering optimum cooling strength they also mitigate the concerns relating to the dangers of fire, which boost their demand, thus driving the overall industry growth during the forecast period.

Based on the phase type, the market is segmented as three phase and single phase. Three-phase transformers are expected to be the bigger segment of the market during the forecast period owing to the advantageous regulatory policies for the upgradation of small-scale industrial sector across developing economies. Furthermore, the ability of three-phase transformers to run smoothly over voltages transmitted over long distances paired with their economic viability will further promote the product adoption.

Based on the application type, the market is segmented as residential & commercial, utility, and industrial. The utility oil filled transformers market is estimated to be the leading segment of the market given the growing R&D spending aimed at the restoration of grid infrastructure coupled with huge fund distribution by regulatory authorities for the development of grid networks, which will further promote the industry landscape.

In terms of regions, North America is estimated to be the leading region in the market owing to the ongoing technological improvements blended with amplified spending for the development of long-distance electricity networks in the US. On the other hand, Europe and the Middle East are also expected to offer substantial growth opportunities during the forecast period.

Key Players:               

• ABB Ltd
• CNC Electric Group Co., Ltd.
• Eaton Corporation plc
• Elsewedy Electric Co S.A.E.
• General Electric
• ISMET Gmbh
• Ormazabal
• Schneider Electric SE
• Siemens AG
• Toshiba Corporation.

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 Oil Filled Transformer 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 16,2021/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 Circuit Breaker Market.

Circuit Breaker Market is likely to witness an impressive CAGR of 7.5% during the forecast period. Increasing focus towards operational safety and growing measures to integrate reliable and sustainable electrical infrastructure is likely to drive the market growth of circuit breakers.

Circuit breaker is a switching device used to interrupt the abnormal or fault current. It is a mechanical device that disturbs the flow of high magnitude fault current along with performing the function of a switch. The market is segment as by voltage type into low {ACB, MCB, MCCB, and Others}, medium {ACB, GCB, VCB, and Others}, and high {ACB, GCB, VCB, and Others}; by rated voltage type into 800 kV; by rated current type into 4500 A; by installation type into indoor and outdoor; by application type into power distribution and power transmission; and by end-use industry type into residential, commercial, industrial, and utility.

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 rated voltage type, the market is segmented as 800kV. The during the forecast period as well. Rural electrification initiatives in the developing economies are the major factor driving the growth of the

Based on the end-use industry type, the market is segmented as residential, industrial, commercial, and utility. The utility segment is projected to witness the fastest growth during the forecast period driven by stringent energy efficiency protocols, inclination towards deployment of smart grid and control networks, and expansion of primary & secondary distribution networks.

In terms of regions, Asia-Pacific is estimated to be the largest market driven by growing investment and infrastructure development in China, Japan, India, South Korea, ASEAN Countries, and Others. Expanding industrial sector, rapid urbanization, significant economic development in the region, and increased focus towards power distribution in remote areas are the major factors driving the growth of the Asia-Pacific region. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.

Key Players:

• ABB
• Schneider Electric
• Eaton
• Mitsubishi
• Toshiba
• Siemens
• Hitachi
• Crompton Greaves
• Powell Industries
• Hubbell
• Fuji Electric
• Meidensha
• TE Connectivity
• BEL Fuse
• L&T
• Mersen S.A.

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 Circuit Breaker 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 16,2021/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 Busbar Market.

Busbar Market is likely to witness an impressive CAGR of 5.5% during the forecast period. Growing investments aimed at establishing effective power supply network, busbar’s ability to provide high voltage power in building structures without occupying any additional space, rising demand for reliable and continuous electricity supply mixed with increasing focus to minimize energy losses across transmission and distribution are some of the major factors driving the market growth during the forecast period.

Busbar is a metallic strip or electrical bar used to distribute power with flexibility and greater ease to multiple circuits in parallel.

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 material type, the market is segmented as copper and aluminum. Copper busbar is projected to witness strong growth rate in the market owing to its ability to transmit large currents with minimal losses and high resistivity. In addition, features such as longer lifespan, higher conductivity, advanced security features and high threshold from damage will further fuel the product demand in the market.  Copper busbar is further categorized as electrolytic tough pitch and oxygen free. On the other hand, the aluminum busbar market is expected to be positively influenced by its lightweight and high mechanical strength features.

Based on the power range type, the market is segmented as low, medium, and high. High power is anticipated to be the leading segment of the market owing to the ongoing trend of modernization of ultra-high transmission lines to reduce line losses and suffice electricity demand. Lower sagging and effective supply features over long routes will further fuel the segment growth over the forecast period. The low power busbar market growth to be driven by its ability to distribute power efficiently to light fixture in industrial as well as commercial sector.

Based on the application type, the market is segmented as commercial, residential and industrial. The commercial segment to witness significant growth during the forecast period owing to the rising electricity demand due to rapid urbanization. On the other hand, the industrial busbar segment is estimated to be positively influenced by strong economic growth, growing foreign direct investments toward electricity distribution & generation accompanied with rising public and private funding in development of infrastructure during the forecast period.

In terms of regions, Asia-Pacific is estimated to be the leading region in the market owing to rising investments aimed at modernization and expansion of grid coupled with increased efforts to avoid the electricity supply & demand mismatch. China and India are the growth engines of the Asia-Pacific region. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.

Key Players:

• Godrej & Boyce Mfg. Co. Ltd.
• Halcor
• Littlefuse
• MERSEN
• Methode Electronics
• Oriental Copper Co., Ltd.
• Pentair
• Rittal
• Schneider Electric
• Southwire Company, LLC.

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 Busbar 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 

COVID-19 pandemic – Boon or a Curse to the industry?

The outbreak of COVID-19 has severely impacted several industries across the world. Tough government measures such as lockdown of major economies, has pressed the ‘pause button’ for most of the industries. For most of the industries, the revenue has gone down in 2020 and has resumed an uptrend gradually from 2021.

Key insights on Maleic Anhydride Market

Maleic Anhydride Market is likely to witness an impressive CAGR of 5.2% during the forecast period. Increasing penetration of composite materials in the automotive, aerospace, and construction industries is the prime factor that has boosted the demand for unsaturated polyester resins, which are used to manufacture composite materials. Rising disposable income along with increasing use of spandex in compression stockings, sportswear and medical textiles has boosted the demand for 1,4-butanediol. The escalating growth in the construction industries in BRIC countries and other developing economies is expected to further drive the growth of the maleic anhydride market. In addition, lenient government regulations, easy availability of land and raw materials, low labor and transportation costs are the major factors encouraging the key players to shift their manufacturing activities to developing economies such as China, India, Indonesia, and Brazil.

Regional Insights

In terms of regions, Asia-Pacific is estimated to be the largest market during the forecast period, with China, Japan, and India being the countries with lucrative growth opportunities. The growth of the market is mainly driven by the expanding automotive and rising construction sectors in the major economies of the region. Increasing adoption of maleic anhydride to manufacture bulk molding compounds and fiberglass reinforced plastics is expected to further drive the demand for maleic anhydride in the region. Increasing disposable income, rapid industrialization, urbanization, and increasing spending in the construction sector in the region are expected to further drive the region’s market.

Market Scope & Market Segmentation

Maleic Anhydride Market Share: By Raw Material Type

Based on the raw material type, the market is segmented as n-butane and benzene. The n-butane segment held the larger share of the market in 2019, and is expected to remain dominant during the forecast period. N-butane-based maleic anhydrides are majorly preferred over benzene-based maleic anhydrides owing to their lower production cost and lesser harmful nature.

Maleic Anhydride Market Share: By Application Type

Based on the application type, the maleic anhydride market is segmented as unsaturated polyester resins (UPR), 1,4-butanediol (1,4-bdo), lubricating oil additives, copolymers, and others. The growth of the segment is mainly due to an increased demand for UPR from emerging economies, such as China and India, and its low price compared to the other epoxy resins. Increasing penetration of UPR in the marine, aerospace, automotive, construction, and chemical industries is expected to further drive the growth of the segment.

Which key questions will this report answer?

This market research report focuses to deliver relevant information regarding the market trends, structure and growth during the forecast period of 2020-2025. It also offers insights into different market segments and other factors affecting the market.

Some of the key questions answered by the report are:

• What is the impact of COVID-19 on the market forecast?
• What are the trends, drivers, and challenges?
• How competitive is the market? Who are the market leaders?
• What are the key strategies adopted by the market players?
• Which segments offer the greatest opportunities?
• Which are the most attractive regions?
• What are the key success factors for the market players?
• How does the business environment impact the market?
• Which strategic alliances have taken place recently and their significance?

Stratview Research’s reports are generated after accumulating data from various authenticated sources. > 10 primary interviews with industry experts are conducted by us for every report. Insights gained from primary interviews, in-depth analysis of company statements and annual reports, accompanied by a number of articles, whitepapers, and reports help us to connect the dots and triangulate the market in the most effective manner.

Know more about us:

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

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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 Modular Construction Market.

Modular construction market is likely to witness an impressive CAGR of 7.0% during the forecast period. The major factor leading to the growth of the market is infrastructure spending by the global and regional economies. Further, it is estimated that spending on infrastructure and capital projects will increase substantially over the next decade. China, India, and other countries in the Asia Pacific region, along with Brazil and South Africa, are investing enormously in the infrastructure industry, which is required for modernization and commercialization. Rapid urbanization in emerging economies, such as Brazil, India, Malaysia, and Thailand is likely to fuel the spending for the major infrastructure sectors, such as power, construction, and transportation. The improvement in economic conditions of emerging markets is the key factor that is driving the demand for modular construction.

Modular construction is a process in which the components of the building are constructed away from the site, whereas the installation of the prefabricated components is done on site using cranes.

Modular construction can be done with different types such as permanent and relocatable. They are used in different end-use sectors such as housing, commercial, education, healthcare, industrial.

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 construction method type, the market is segmented as extrusion and powder bonding. The extrusion segment held the larger share of the market in 2019, and is expected to remain dominant during the forecast period owing to its superior characteristics, such as less construction time, less chances of error, and cost effectiveness. Through extrusion process building components with complex geometrical structures can be constructed.

Based on the construction type, the Modular Construction Market is segmented as permanent and relocatable. The permanent segment held the largest share of the market in 2019, and is expected to remain dominant during the forecast period. Increase in demand for new buildings built in less time, reduction in the cost of construction, and convenience in building process are the major reasons for the dominance of this segment of the market.

Based on the material type, the market is segmented as steel, precast concrete, wood, plastic, and others. The steel segment is expected to remain dominant during the forecast period owing to its number of benefits compared to other materials, such as strength, durability, fire resistance, flexibility, structural integrity, and less requirement of maintenance throughout the life of the building.

Based on the end-use sector type, the modular construction market is segmented as housing, commercial, education, healthcare, and industrial. The housing segment leads the market driven by the increase in population; thus, creating demand for new houses in the urban and sub-urban areas along with rise in the construction activities of buildings and institutes.

In terms of regions, Asia-Pacific is estimated to be the fastest-growing modular construction market during the forecast period. The growth is owing to the increasing demand for houses at economical cost in developing economies. China and India are the growth engines of the region. In addition, China is likely to actively participate in abating housing problems, globally. Europe and North America are also expected to offer substantial growth opportunities during the forecast period.

Key Players:               

Some of the major Modular construction Market manufacturers are-

• Laing O’Rourke
• Red Sea Housing
• ATCO
• Bouygues Construction
• VINCI
• Skanska AB
• Algeco Scotsman

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 Modular Construction 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