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

The report on Small Satellite Market to be published by Stratview Research focusses on current trend insights and also predicts about the market condition and its future in the forecast period of 2020 – 2025

Feb 05, 2021/IndustryNewsGlobal/ Small satellite market is likely to witness an impressive CAGR of 22.2% during the forecast period. Factors such as growing attention on minimizing mission costs, satellite miniaturization, and rising demand for earth-observation-related applications are expected to drive the growth of the global small satellite market.

Type Segment

Based on the type, the market is segmented as nanosatellite, microsatellite, and minisatellite. The nanosatellite segment is estimated to register the highest growth during the forecast period. This growth can be attributed to their low mass and small size which enable several satellites to be launched simultaneously from a single vehicle launcher. These satellites are engineered for specific tasks, such as communication, earth observation, and space exploration, and together in a group, serve a mission.

Application Type Segment

Based on the application type, the market is segmented as earth observation & meteorology, communication, scientific research & exploration, surveillance & security, and mapping & navigation. The earth observation & meteorology segment is expected to depict the highest growth in the coming five years, owing to the rise in demand for technologically progressive small satellites for commercial, defense, and civil use across the globe.

End-User Type Segment

Based on the end-user type, the market is segmented as civil, commercial, and defense. The commercial segment is estimated to portray the highest growth during the forecast period. This unprecedented growth can be attributed to the increase in R&D activities to develop advanced small satellites to cater to the needs of various commercial services, such as broadband connectivity.

Region Wise Segment

In terms of regions, North America dominated the small satellite market in 2018, driven by the increase in demand for small satellites from NASA and the Department of Defense (U.S.), and private sectors, such as other research organizations and telecommunication. Nevertheless, the market in the European region is expected to offer the highest growth during the forecast period. The market is driven by the high demand for small satellites as they are employed in battlefield missions, earth observation, and scientific exploration activities undertaken by various government and private organizations. Asia-Pacific is also expected to offer sizeable growth opportunities during the forecast period.

Some of the major players in the small satellite market are Airbus Defense and Space, Aerospace Corporation, The Boeing Company, Thales Alenia Space, Geooptics Inc., Harris Corporation, Lockheed Martin Corporation, Millennium Space Systems Inc., Northrop Grumman Corporation, and Orbital ATK.

Feb 05, 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 Dishwasher Market. 

It was estimated prior to this unanticipated outbreak Dishwasher Market will reach CAGR of 6.0% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Dishwasher Market Insights

Dishwasher Market is likely to witness an impressive CAGR of 6.0% during the forecast period. The major factors such as growing popularity of dishwashers for industrial purpose as it helps in saving time, water, and man power, easy availability and advanced technology, increase in influence of western lifestyle, and growing inclination of manufacturers toward enhanced technological innovations in the field of electronics kitchen appliances to increase their functionality are expected to fuel the growth of the market during the forecast period.

Market Share Analysis

Dishwasher Market Share: By Distribution Channel Type

Based on the distribution channel type, the market is segmented as offline store-based and online store-based. The online store-based segment is estimated to witness a faster growth rate in the market owing to the created events by online merchants to drive the sales through themed promotions, such as on the occasion of Diwali, Christmas, and other important festivals. Growing penetration of internet and effortless shopping experience with easy return policies and payment options, consumers are being attracted toward online store-based channels, boosting the market growth during the forecast period.

Dishwasher Market Share: By Region

In terms of regions, Asia-Pacific is estimated to witness significant growth rate in the market owing to growing preferences for hustle free lifestyle and increasing application of dishwashers during the forecast period. Factors, such as considerable changes in the standard of living and increasing urbanization in developing economies, and China being the dominating country, owing to the rising demand for dishwashers coupled with various kitchen appliances, are expected to boost the growth of the regional market. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.

Feb 05, 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 Point-of-Use Water Treatment Systems Market. 

It was estimated prior to this unanticipated outbreak Point-of-Use Water Treatment Systems Market will reach CAGR of 10.1% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Point-of-Use Water Treatment Systems Market Insights

Point-of-use water treatment systems market is likely to witness an impressive CAGR of 10.1% during the forecast period. The growing demand for point-of-use water treatment systems is mainly due to advancement in the technologies in the water treatment industry, increase in awareness about the advantages of water treatment, and growing demand for potable drinking water.

Market Share Analysis

Point-of-Use Water Treatment Systems Market Share: By Device Type

Based on the device type, the market is segmented as tabletop pitchers, faucet-mounted filters, countertop units, under-the-sink filters, and others. The faucet-mounted segment held the largest share of the market in 2019, and is expected to remain dominant during the forecast period.  The growth of the segment is due to its easy installation and it being comparatively cheaper than other devices. Also, it can be turned to an on-off position which allows users to collect drinking water at any time.

Point-of-Use Water Treatment Systems Market Share: By Technology Type

Based on the technology type, the market is segmented as reverse osmosis systems, ultrafiltration systems, distillation systems, disinfection methods, filtration methods, ion exchange, and others. The reverse osmosis systems is expected to remain dominant during the forecast period. The reason for its dominance can be attributed to the host of benefits offered, such as improvement of the color and taste of water, easy maintenance, ability to remove up to 99% of dissolved contaminants.

Point-of-Use Water Treatment Systems Market Share: By Application Type

Based on the application type, the point-of-use water treatment systems market is segmented as residential and non-residential. The non-residential segment includes commercial, industrial, healthcare educational institutes, and others. The segment dominates the market owing to increase in population and growing awareness about the benefits of water treatment.

Point-of-Use Water Treatment Systems Market Share: By Region

In terms of regions, Asia-Pacific is estimated to be the largest as well as fastest growing point-of-use water treatment systems market during the forecast period owing to increasing per-capita income of countries and presence of a large number of point-of-use water treatment systems manufacturers in China. The point-of-use water treatment systems market is mainly driven by increase in population.

Feb 05, 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 Hot Melt Adhesive Tapes Market.

It was estimated prior to this unanticipated outbreak that the Hot Melt Adhesive Tapes Market was expected to grow at a CAGR of 7.1% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Hot melt adhesive tapes are basically hot glues which are commonly used as solid cylindrical sticks of various diameters in the form of thermoplastic adhesives designed to use as hot glue guns. They are used by squeezing out of the nozzle, which is initially hot to burn and even blisters the skin.

The market for hot melt adhesive tapes is driven by the surge in technological advancement and its growing demand in the Asia-Pacific region. In addition, the growing use of hot melt adhesive tapes in diverse applications along with the increasing adoption of hot melt adhesive technology is also leading to the growth of the market.

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 adhesive resin type, the hot melt adhesive tapes market has been segmented as rubber and silicone. The rubber segment captured the major share in 2019, owing to the increase in use of hot melt adhesives. The segment’s cost is low in comparison to the acrylic-based and silicone-based adhesive tapes. It possesses peel strength and high track is the cause for its ability to adhere well to several low energy surfaces. All these factors are driving the growth of the segment during the forecast period.

Based on the application type, the market is segmented as packaging, consumer & DIY, masking, healthcare & hygiene, and others. The consumer & DIY segment is estimated to be the fastest-growing segment during the forecast period.

In terms of regions, Europe is estimated to dominate the hot melt adhesive tapes market during the forecast period. Asia-Pacific is estimated to grow at the fastest rate in countries such as Singapore, India, Indonesia, and South Korea. China is growing due to rapid expansion of adhesive tapes.

Key Players:

Some of the major players in the hot melt adhesive tapes market are-

• The 3M Company
• Nitto Denko Corporation
• Tesa SE
• Avery Dennison Corporation
• Intertape Polymer Group Inc.
• Shurtape Technologies, LLC
• Scapa Group plc
• LINTEC Corporation
• ACHEM Technology Corporation
• TE Connectivity Ltd.

Feb 05, 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 Space Robotics Market.

It was estimated prior to this unanticipated outbreak that the Space Robotics Market was likely to witness an impressive CAGR of 10.2% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Space Robotics Market Segment Insights:

By Solution Type:

The satellite servicing segment led the market in 2018, and is estimated to remain dominant during the forecast period. The growth of the satellite servicing segment can be attributed to the escalating demand and requirementfor space-based services, such as satellite servicing, de-orbiting services, surface mobility, and resupply services.

By Application Type:

The near space segment is estimated to register the highest growth in the coming five years. This growth of the segment can be credited to the claim for resupply missions for the International Space Station (ISS), on-orbit satellite engineering, and increasing requirement to service prevailing geosynchronous satellites.

By End-User Type:

The commercial segment is expected to depict a higher growth against the government segment, during the forecast period, driven by the increasing demand for satellite servicing, refueling and mission extension services which provide prospects for satellite operators/owners by extending the life of satellites and hence, generate profits from prevailing satellite fleets, and deliver enhanced flexibility in handling in-orbit satellite fleets.

By Region:

North America was expected to register the largest share of the space robotics market in 2018, and the region is expected to continue its dominance during the forecast period as well. The market is driven by high demand for space robotic activities from prominent establishments, such as NASA and the Department of Defense, owing to the rising dependence on space resources and for empowering safety in space operations. Europe and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.

Some of the major players in the space robotics market are-

·         Altius Space Machines

·         Astrobotic Technology

·         Effective Space Solutions

·         Honeybee Robotics

·         ITT Corporation

·         Maxar Technologies

·         Motiv Space Systems

·         Northrop Grumman

·         Olis Robotics

Stinger Ghaffarian Technologies (SGT)