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Automotive Leaf Spring Market Projected to Grow at a Steady Pace During 2019-2024

Oct 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 Automotive Leaf Spring Market.

It was estimated prior to this unanticipated outbreak that the Automotive Leaf Spring Market to projected to witness an impressive double-digit CAGR over the next five years to reach US$ 5.8 billion in 2024. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

A leaf spring is a spring comprising leaves and is commonly used for suspension in the wheeled vehicles. It is a semi-elliptical arm consisting of one or more leaves which are strips of steel or other materials that are meant to flex under pressure yet maintain their original shape when not under pressure. Leaf springs are one of the oldest suspension components and are still being used in most of the LCVs and MHCVs. There is another type of spring called coil spring, which has a widespread usage in passenger cars.

Over a period of time, the automotive industry has witnessed a remarkable transition in the leaf spring technology, material, style, design, etc. There are countless styles of leaf-spring suspension available worldwide featuring different mounting points, shapes, and sizes. At the same time, there are a lot of R&D activities happening for the development of lightweight alternatives of heavier steel leaf springs. Composite leaf springs are the outcome of these activities, offering significant weight saving advantage over steel springs without sacrificing performance.

Segment Analysis

By Material Type

Based on the material type, the market is segmented into steel springs and composite leaf springs. Steel leaf spring is expected to remain the larger spring type in the next five years; however, composite spring is likely to witness the higher growth for the same period. Composite springs offer excellent strength-to-weight ratio, fatigue resistance, and natural frequency and are about five times more durable than a steel spring. Internal damping in the composite materials leads to excellent absorption of vibration energy within the parts, resulting in, a reduced transmission of vibration noise to the neighboring structures.

By Vehicle Type

Based on the vehicle type, the market is segmented into passenger car, LCV, MHCV, and others. MHCV dominates the market in terms of value and is likely to maintain its dominance in the coming five years as well. Large production base of MHCVs coupled with high penetration of leaf springs in MHCVs and large MHCV fleet are the key whys and wherefores behind the dominance of MHCVs in the market.

Regional Insights

In terms of region, Asia-Pacific is expected to remain the largest market for leaf springs in the foreseen future, because of increasing production of MHCVs in the developing Asian economies, such as China and India. China, Japan, and South Korea are likely to remain the major markets in the region; however, India is likely to be the new growth engine of the region’s market in the coming five years. Several automakers are eyeing on the Indian market and have huge plans to open manufacturing plants in the country in order to leverage the benefits offered by the government under several manufacturing boost initiatives, such as Make in India.

Europe and North America, other major markets, are also likely to have a positive outlook in the coming five years. The USA and Mexico are likely to be the major markets in North America, whereas Russia, Germany, and France are the major markets in Europe.

Key Players:

The key automotive OEMs are-

  • Daimler
  • Navistar
  • GM
  • Volvo
  • MAN
  • Tata Motors
  • Peterbilt
  • Toyota.

The key leaf spring manufacturers are-

  • Rassini
  • Hendrickson
  • Jamna Auto Industries
  • Dongfeng Motors
  • IFC Composite

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 Leaf Spring 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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Para-Aramid Fiber Market: Global INdustry Trends and COVID-19 Impact Analysis

Oct 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 Para-Aramid Fiber Market.

It was estimated prior to this unanticipated outbreak that the Para-Aramid Fiber Market to projected to witness an impressive double-digit CAGR over the next five years to reach US$ US$ 2.7 Billion in 2026. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Commonly known as Kevlar®, para-aramid was first developed at DuPont™ by Stephanie Kwolek in the 1930s. However, it was first made commercially available in the 1970s as a replacement for steel in racing tires. Para-aramid possesses higher crystallinity as compared to meta-aramid and is manufactured through the dry-jet wet spinning method. It is used across industries for a broad range of applications such as ropes and cables, tire reinforcements, optical fiber cables, hose reinforcements, friction materials, and ballistic protection.

Over the years, there have been several advancements in the industry concerning the development of new products. For instance, Teijin, in 2017, introduced a new para-aramid fabric that protects structures from airborne volcanic fragments. Teijin Ltd. And DuPont de Nemours, Inc. maintain unambiguous precedence in the market, occupying over 80% market share.

The leading industries, aerospace & defense, and automotive, have been trying to achieve a state of placidity for the past few years. With minor hurdles along the road within both of the highest demand-generating industries, the market stakeholders hoped to regain stability in 2020, with flourishing demand and a hassle-free market environment. However, the sudden outburst of COVID-19 shook the unsuspecting market players, bringing in unsought changes in the business.

Segment Analysis

By End-Use Industry Type

Stratview Research has segmented the market as aerospace & defense, automotive, electrical & electronics, oil & gas, and industrial. One of the cornerstones of the global economy, the oil & gas industry, faced an abysmal impact of the pandemic, suffering the third price collapse in the past 12 years, with the prices reaching 30-year lows. The two largest demand-generators of the market; the resilient aerospace & defense and automotive industries are likely to rebound gradually, creating an array of opportunities in the long run. Lastly, the rather unwary electrical & electronics industry is expected to be the thrust-bearer of the market.

By Application Type

Based on the application type, we have segmented the market as protection & safety, electrical transmission, tire reinforcement, rubber reinforcement, friction materials, and others. Protection & safety is likely to maintain its dominance in the market throughout the forecast period with usage in crucial areas of application such as armored vehicles, high-tech aerospace applications, and bullet-proof body armor.

Regional Insights

North America and Europe held the major chunk of the market in 2020. These two regions, with the presence of key players, are likely to maintain their dominance in the years to come. Asia-Pacific is expected to most efficiently handle the crisis at hand, growing at the highest rate during 2021-2026. The Chinese para-aramid fiber industry developed late but progressively achieved industrialization during the past decade. India to become the next potential manufacturing hub, decking up to welcome companies willing to move away from China amid the pandemic.

Key Players:

Key players operating in the global Para-Aramid Fiber market are-

  • Teijin Ltd.
  • DuPont de Nemours, Inc.
  • Kolon Industries, Inc.
  • Hyosung
  • Yantai Tayho Advanced Materials Co. Ltd., etc.

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 Para-Aramid Fiber 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 Cold Plasma Market to Witness a Handsome Growth During 2019-2024

Oct 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 Cold Plasma Market.

It was estimated prior to this unanticipated outbreak that the Cold Plasma Market to projected to witness an impressive double-digit CAGR over the next five years to reach US$ 3,164.5 million in 2024. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Following are some of the market drivers-

  • Continuous innovations in cold plasma technology
  • Rising demand for eco-friendly products
  • Increasing use of cold plasma in food packaging industry
  • Introduction of stringent safety standards in various industries including food safety
  • Growing needs for frozen food

Segment Analysis

By End-Use Industry Type

The market is segmented based on the end-use industry type as electrical & electronics, polymers & plastics, medical, textiles, food, and others. The electrical & electronics industry is forecasted to remain the largest segment of the market over the next five years, driven by an increasing preference for cold plasma in the semiconductors. The food industry is projected to witness the highest growth in the same period, driven by increased safety standards with a higher demand for non-hazardous plasmas.

By Application Type

The market is also segmented based on the application type as coating, cleaning & activation, finishing, wound healing, adhesion, decontamination, sterilization, and others. The cleaning & activation segment is projected to remain the largest application of cold plasma during the forecast period, propelled by an increasing penetration in the electrical & electronic and polymer & plastics industries. The coating also occupied a healthy share of the market in 2018, driven by North America and Asia-Pacific regions. Decontamination currently holds a diminutive share of the market but is expected to witness the highest growth during the forecast period, driven by the food industry.

By Regime Type

The market is also segmented based on the regime type as low-pressure and atmospheric-pressure plasma. Both low- and atmospheric-pressure cold plasmas are projected to grow at impressive rates over the next five years. Low-pressure cold plasma is mainly used in the manufacturing of semiconductors, whereas atmospheric cold plasma is used in a wide variety of applications from the textile to medical industry.

Regional Insights

Europe is projected to remain the largest market during the forecast period, driven by the presence of several cold plasma suppliers and high research & development activities in the major European markets, such as Germany, France, and the UK. Asia-Pacific, which is currently the third-largest market after Europe and North America, is projected to witness the highest growth in the same period. China, India, Japan, and South Korea will act as the growth engines of the Asia-Pacific’s market, driven by a continuous shift of electronic manufacturing to the Asian countries, an increasing demand for decontaminated frozen food, growing manufacturing facilities of textiles, and increasing production of polymers.

Key Players:

Key players operating in the global Cold Plasma market are-

  • ADTEC Plasma Technology Co. Ltd.
  • Enercon Industries Corporation
  • Europlasma NV
  • Henniker Plasma Treatment
  • Neoplas Tools GmbH
  • Nordson Corporation
  • P2i Limited
  • Plasmatreat GmbH
  • Tantec A/S.

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 Cold Plasma 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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Tangential Flow Filtration Market Growth Offers Room to Grow to Existing & Emerging Players

Sep 7 Oct, 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 Tangential Flow Filtration Market.

It was estimated prior to this unanticipated outbreak that the Tangential Flow Filtration Market was expected to grow at a CAGR of 10.7% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Tangential Flow Filtration (TFF) is used in chemical engineering, biochemical engineering and protein purification. It is also known as crossflow filtration. In tangential flow filtration, the vast majority of the feed flow travels tangentially across the surface of the filter, rather than into the filter. The advantage of this is that the filter cake is substantially washed away during the filtration process.

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.

Segment Analysis

Based on the product type, the market is segmented as TFF systems, membrane filter, and accessories. The TFF systems segment held the largest share of the market in 2019, and is expected to remain dominant during the forecast period. The significant share of the TFF systems segment is due to rise in the manufacture of biologics and CMOs and investments by major pharmaceutical companies. The membrane filter segment is projected to expand with the highest CAGR during the forecast period owing to high throughput, higher flow rate, accuracy, less filtration time, minimized cross-contamination and no membrane fouling.

Based on the technique type, the tangential flow filtration market is segmented as ultrafiltration, microfiltration, and other TFF techniques. The microfiltration segment is projected to expand with the highest CAGR during the forecast period owing to its rising demand in cell separation.

Based on the application type, the market is segmented as bioprocess applications, viral vector and vaccine purification, and other applications. The viral vector and vaccine purification segment is likely to expand with the highest CAGR during the forecast period driven by vaccine safety regulations and technological advancements in the field.

Based on the material type, the tangential flow filtration market is segmented as PES/PS, regenerated cellulose, and other materials. The PES/PS segment is estimated to register the highest growth during the forecast period due to low protein-binding properties, hydrophilic nature, and its usage in a wide range of applications.

In terms of regions, North America contributed for the largest share of the global tangential flow filtration market. The high share is attributed to the presence of major players, high investment on R&D, and high adoption of advanced technology in the region. The region is likely to maintain its leading position during the forecast period as well. Europe and Asia-Pacific are also expected to offer considerable growth opportunities during the forecast period.

Key Players:

Key players operating in the global Tangential Flow Filtration market are-

  • Merck Millipore
  • Danaher Corporation
  • Sartorius AG
  • GE Healthcare
  • Repligen Corporation
  • Parker Hannifin Corporation
  • Alfa Laval Corporate AB
  • Andritz AG
  • Watersep Bioseparations Corporation
  • Cole-Parmer Instrument 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 Tangential Flow Filtration 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 Industrial Rubber Market Set for Rapid Growth and Expansion during 2020-2025

Sep 7 Oct, 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 Rubber Market.

It was estimated prior to this unanticipated outbreak that the Industrial Rubber Market was expected to grow at a CAGR of 5.0% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Industrial rubbers are majorly of two types i.e. synthetic rubber and natural rubber. Synthetic rubber is an elastomer, developed by the process of polymerization of unsaturated hydrocarbons from petroleum byproducts. It is more flame resistant as compared to natural rubber.

Industrial rubbers are most versatile and widely used products, in various applications, such as automotive, adhesives, buildings & construction, wire & cable, and medical & healthcare.

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.

Segment Analysis

Based on the type, the market is segmented as natural rubber and synthetic rubber. The synthetic rubber segment held the larger share of the market during the forecast period. The synthetic rubber is an abrasion-resistant replacement for natural rubber, widely used in the automotive application, which is driving the growth of this segment. Further, it is produced in the latex form to be used as a rubbery adhesive in manufacturing carpet. The various other applications where synthetic rubber is used are roll coverings, drive couplings, conveyor belts, and adhesives.

Based on the application type, the industrial rubber market is segmented as automotive, building & construction, industrial manufacturing, polymer modification, wire & cable, electrical & electronics, bitumen modification, coating, sealant & adhesive, medical & healthcare, and others. The automotive application dominates the market, as industrial rubbers are majorly used in this due to their better performance and easier processing ability. Further, industrial rubbers are used as a replacement for metal, glass, and wood parts used in the automotive application. They also possess various properties such as stiffness and abrasion resistance, which are propelling the growth of the segment during the forecast period.

In terms of regions, Asia-Pacific is estimated to be the fastest-growing industrial rubber market during the forecast period, with lucrative growth opportunities. The growth of the market is driven by the increasing demand for vehicles, automotive components, and substantial infrastructural development, growing building & construction sector, which is generating huge demand for industrial rubbers, and the presence of a large number of industrial rubber manufacturers in the Asia-Pacific region. North America and Europe are also expected to offer significant growth opportunities during the forecast period.

Key Players:

Key players operating in the global Industrial Rubber market are-

  • Lanxess AG
  • Sinopec
  • Kumho Petrochemical Co., Ltd
  • TSRC Corporation
  • The Goodyear Tire and Rubber Company

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 Rubber 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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