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

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 Situational Awareness Market.

It was estimated prior to this unanticipated outbreak that the Space Situational Awareness (SSA) Market was likely to witness an impressive CAGR of 6.2% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Space Situational Awareness Market Segment Insights:

By Offering Type:

The services segment dominated the market in 2018 and is likely to lead the market during the forecast period. The growth of this segment is owing to the unending activities, such as space debris modeling and robotic exploration of the solar system and prominence on emerging space weather and Near-Earth Object (NEO) services, while research, development, and authentication activities remain in the sphere of space surveillance and tracking.

By End-User Type:

The commercial segment is expected to depict a higher growth as against the government & military segment, in the coming five years, owing to various private space entities eyeing on SSA solutions for satellite operations during a satellite’s lifecycle.  Commercial establishments are seeking an attention in space situational awareness to provide space-based services, such as conjunction avidness of satellites, deorbiting of non-functional spacecraft, and elimination of debris left over by government/military surveillance networks, and providing data-sharing transparency for satellite operators/owners.

By Object Type:

The fragmentation debris segment dominated the market in 2018, and is estimated to continue its command during the forecast period as well. The growth of this segment can be attributed to the escalating congestion in space, owing to fragmentation debris, coupled with an upsurge in various space exploration activities.

By Region:

North America held the largest share of the space situational awareness market in 2018. The market is driven by high demand for space situational awareness happenings from prominent establishments, such as NASA and the Department of Defense, owing to the growing dependence on space assets and for preserving safe space operations. Europe and Asia-Pacific held substantial shares of the space situational awareness market in 2018. The Middle East, South America, and Africa are the other major regions expected in the Rest of the World (RoW) region, which are also expected to offer considerable growth opportunities during the forecast period.

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 Tangential Flow Filtration Market.

It was estimated prior to this unanticipated outbreak Tangential Flow Filtration Market will reach 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 Market Insights

Tangential flow filtration market is likely to witness an impressive CAGR of 10.7% during the forecast period. The key factors contributing to the demand for tangential flow filtration are mainly the increased flexibility, reduced cross-contamination, and decreased process time.

Market Share Analysis

Tangential Flow Filtration Market Share: By Product Type

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.

Tangential Flow Filtration Market Share: By Technique Type

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.

Tangential Flow Filtration Market Share: By Application Type

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.

Tangential Flow Filtration Market Share: By Material Type

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.

Tangential Flow Filtration Market Share: By Region

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.

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 High-Performance Waterproofing Market.

It was estimated prior to this unanticipated outbreak that the High-Performance Waterproofing Market to cross the golden figure of US$ 5.0 Billion by 2025. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Waterproofing is a combination of materials that treat or protect unwanted water intrusion into the structural elements of a building. Its main purpose is to resist the penetration of liquids under hydrostatic pressure or other external forces like capillarity. High-performance waterproofing is a versatile material, capable of retaining the dryness of concrete, masonry, metal, and wood structures. It is also resistant to salts, alkalis, and various types of acids. Furthermore, it is durable, lightweight, non-deteriorating, puncture-resistant, and is available in length stretching up to 50 meters. A waterproofing system typically amounts to less than 1% of the total construction cost but it saves an equivalent amount or more in future repair and maintenance cost over the service life of the structure.

Our pre-COVID-19 market estimates indicated that the global high-performance waterproofing market to cross the golden figure of US$ 5.0 Billion by 2025. However, the outbreak of COVID-19 has entirely turned the table with a tremendous plunge in the sales of high-performance waterproofing, making the demand almost standstill in leading economies.

Despite the worrisome situation in 2020, it is estimated that the market for high-performance waterproofing is likely to register a strong come back in 2021 once the pandemic turns a corner, followed by sequential growth till 2025, ultimately driving the market to reach US$ 4.5 billion in 2025, a US$ 0.8 billion lesser figure than our 2019 market projections. Several factors including increasing government investments on infrastructure developments in emerging economies, increasing waste & water management activities, and increasing demand for energy-efficient buildings, are expected to trigger the demand for high-performance waterproofing in the long-run.

Based on the application type, the market is segmented as above-grade waterproofing and below-grade waterproofing. Above-grade waterproofing is likely to remain the dominant application of the market in years to come. However, below-grade waterproofing is expected to remain the faster-growing application type over the same period.

Based on the position type, the market is classified as positive-side waterproofing, negative-side waterproofing, and blind-slide waterproofing. Positive-side waterproofing is likely to maintain its vanguard in the market by 2025. The high dominance of positive-side waterproofing is mainly due to its certain benefits, such as its direct exposure to hydrostatic pressure created by groundwater and its ability to withstand high pressure. The positive-side waterproofing also prevents moisture infiltration, protects a structural surface, and acts as a vapor barrier.

Based on the material type, the market is classified as PU, HDPE, EPDM, Cementitious, TPO, and others. PU is likely to remain the most dominant material type in the high-performance waterproofing market. Lightweight, flexibility, high efficiency, and environmental sustainability are some major factors that are driving the demand for PU waterproofing in the market.

In terms of regions, all regions are estimated to record huge declines in the demand for high-performance waterproofing systems in 2020. However, Asia-Pacific is projected to maintain its dominance during the forecast period (2020-2025). The region is also expected to recover at the highest rate, propelled by increasing investment in infrastructure and construction sector and increasing usage of high-performance waterproofing. China is not only the largest market for high-performance waterproofing in Asia-Pacific but also in the world.

Key Players:

The supply chain of this market comprises raw material suppliers, high-performance waterproofing manufacturers, distributors, contractors, and end-users. The key players in the market are SIKA AG, BASF, RPM International Inc., Carlisle Companies Inc., GCP Applied Technologies and Beijing Oriental Yuhong Waterproof Technology Co., Ltd. Developing innovative waterproofing systems, expanding geographically, and executing mergers & acquisitions are the key strategies adopted by the key players to gain a competitive edge in the market.

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 Synthetic Aperture Radar Market.

It was estimated prior to this unanticipated outbreak that the Synthetic Aperture Radar Market was likely to witness an impressive CAGR of 12.2% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate. The escalating deployment of space-based radars, driven by their long-range propagation characteristics of radar signals and intricate information processing capability of modern digital electronics to deliver high-resolution imagery are expected to bolster the global synthetic aperture radar market during the forecast period. 

Synthetic Aperture Radar Market Segment Insights:

By Platform Type:

The airborne segment is estimated to witness a higher growth during the forecast period. Manufacturers of airborne synthetic aperture radars are taking enormous efforts to develop specialized airborne synthetic aperture radars for Unmanned Aerial Vehicles (UAVs), as the use of airborne synthetic aperture radars in UAVs empowers easy data collection of fast-changing terrains, such as snow slopes and active volcanoes.

By Mode Type:

The multimode segment led the market in 2018, and is expected to remain dominant during the forecast period. Synthetic aperture radars employing multimode are in high demand, owing to their ability to capture images based on various application requirements.

By Frequency Band Type:

A frequency band is an interval at which a specific radar transmits a signal. These frequency bands are differentiated based on their wavelength, which ranges from 0 GHz to 40 GHz. Radio frequency waves are transmitted through antennas into the space that are, further, reflected from the target. 

By Region:

North American region dominated the market in 2018, as various leading manufacturers of synthetic aperture radars, such as Lockheed Martin Corporation (US), Raytheon Company (US), Northrop Grumman Corporation (US), etc., have their headquarters in North America. The North American region is estimated to maintain its dominance during the forecast period. Europe and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.  

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 Precision Gearbox Market.

It was estimated prior to this unanticipated outbreak Precision Gearbox Market will reach CAGR of 8.2% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Precision Gearbox Market Insights

Precision Gearbox market is likely to witness a CAGR of 8.2% during the forecast period. The major factors that are driving the precision gearbox market are growing automation in the manufacturing sector and technological advancements for energy efficiency.

Market Share Analysis

Precision Gearbox Market Share: By Product Type

Based on the product type, the market is segmented as parallel, right angle, and planetary. The planetary segment held the largest share of the market in 2019, and is expected to remain dominant during the forecast period. Planetary gearbox offers high accuracy and reliability, and have high service life; the major factors behind its dominance. Right angle precision gearbox is expected to witness significant growth during the forecast period owing to its angular alignment which leads to its extensive application under limited space.

Precision Gearbox Market Share: By Application Type

Based on the application type, the precision gearbox market is segmented as military & aerospace; food, beverage & tobacco; machine tools; materials handling; packaging; robotics; medical; and others. The robotics segment holds the largest share of the market and is also expected to witness a healthy growth during the forecast period. Significant development in the aera of robotics and increasing use of artificial joints and limbs of humanoids are the major factors behind the dominance of the robotics segment.

Precision Gearbox Market Share: By Region

In terms of regions, Asia-Pacific is estimated to be the largest market during the forecast period owing to growth in manufacturing sector and advent of automation in key countries such as Japan, South Korea, China, and India. Significant economic development in the Asia-Pacific, growing spending power of consumer, rapid urbanization, and ongoing shift of manufacturing base from North America and Europe are the major factors driving the growth of the Asia-Pacific’s precision gearbox market. North America and Europe are also expected to offer significant growth opportunity during the forecast period.