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 Hydropower Turbine Market.

It was estimated prior to this unanticipated outbreak Hydropower Turbine Market will reach CAGR of 7.9% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Hydropower Turbine Market Insights

Hydropower turbine market is likely to witness an impressive CAGR of 7.9% during the forecast period. The major factor contributing to the demand for hydropower turbines is the growing demand for clean energy.

Market Share Analysis

Hydropower Turbine Market Share: By Capacity Type

Based on the capacity type, the market is segmented as ≤1 MW, 1 - 10 MW, and >10 MW. The >10 MW segment is estimated to maintain its dominance over the forecast period, owing to the growing demand for the uninterrupted power supplies from communities in off-grid areas.

Hydropower Turbine Market Share: By Product Type

Based on the product type, the market is segmented as impulse and reaction. The impulse segment accounted for the larger share of the market in 2019, and is expected to maintain its leading position, during the forecast period. The growth of the segment is owing to its cost effectiveness and low maintenance.

Hydropower Turbine Market Share: By Head Type

Based on the head type, the market is segmented as 2–25 m, 25–70 m, and >70 m. The 2-25 m segment is likely to grow with the highest CAGR over the forecast period driven by low construction expense, low impact on environment, and low risk of flash flood.

Hydropower Turbine Market Share: By Region

In terms of regions, Asia-Pacific is estimated to be the largest market. The Asia-Pacific’s market is expected to grow with a lucrative CAGR during the forecast period. The growth of the region’s market is attributed to rapid industrial development and supportive government initiatives.

This new report from Stratview Research analyses the Amphibious Vehicle Market over the trend period from 2014 to 2019 and forecast period from 2020 to 2025. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.

Amphibious Vehicle Market Overview:

The sudden outbreak of the COVID-19 has led to unforeseen fluctuations across many industries and the Amphibious Vehicle Market is no different. Derived from the previous market scenario, the Amphibious Vehicle Market is likely to witness an impressive CAGR of 10.2% during 2020-25 but with the global crisis in action, the growth curve has deviated from its expected path and exhibits an uncertain trajectory at present.

Salient Features of the Report

The Research Report offers an in-depth view of the market, its health and growth, the factors shaping the industry, the competitive dynamics and a glimpse of the future.

The following are the key features of the report:

• • Strategic segmentation
  • Market analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
  • Detailed Competitive Rivalry landscaping
  • Market trend and forecast analysis
  • Future Growth Boulevards  

Amphibious Vehicle Market Share: By End-User Type

Based on the end-user type, the market is segmented as defense and commercial. The commercial segment is estimated to witness a higher growth during the forecast period, driven by the increasing adoption of amphibious excavators for dredging purposes across the globe.

Amphibious Vehicle Market Share: By Propulsion Type

Based on the propulsion type, the market is segmented as screw propellers, water jet, track-based, and others. The track-based segment was expected to remain dominant in 2018, as it enables amphibious vehicles to travel at high speeds on both, water and land surfaces. This empowers the military troops with efficient monitoring and inspection of land and water borders. The segment is estimated to maintain its dominance during the forecast period as well.

Amphibious Vehicle Market Share: By Application Type

Based on the application type, the market is segmented as surveillance & rescue, water transportation, sports/recreation, excavation, and others. The excavation segment is estimated to witness the highest growth during the forecast period. This growth can be attributed to the rising inland waterway projects and the demand for land reclamation.

Amphibious Vehicle Market Share: By Region

In terms of regions, various countries, such as India, China, and Japan, among others are enormously investing to solidify their defense capabilities. The Asia-Pacific market is estimated to depict the highest growth during the forecast period, driven by an increase in the regional conflicts. The North American and the European regions are also expected to offer substantial growth opportunities in the coming five years.

Some of the major players in the amphibious vehicle market are BAE Systems plc, General Dynamics Corporation, Griffon Hoverwork Ltd. (GHL), Hanjin Heavy Industry Co. Ltd., JSC Kurganmashzavod, Lockheed Martin Corporation, Norinco International Cooperation Ltd., Renault Trucks Defense, Rheinmetall AG, and Science Applications International Corporation (SAIC).

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 Lightweight Fillers Market.

It was estimated prior to this unanticipated outbreak that the Lightweight Fillers Market was expected to to reach US$ 7.7 billion in 2025. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Lightweight fillers are the substitutes of heavier substances offering greater weight reduction without compromising the volume of the end products. Further, these fillers enhance several properties of products such as durability, flexibility, thermal stability, and dimensional stability. They also save raw material cost by reducing the demand for binders/resins. Lightweight fillers majorly include microspheres that can expand up to 60 times from their original size without significantly gaining weight. These are functional additives, used to enhance the performance of the product, used for a variety of applications.

There are a variety of fillers present in the market. Each filler type is widely used in specific applications, driven by their distinct advantages and compete with some filler types having similar advantages. Lightweight fillers are majorly made from either glass, polymer, or ceramics. Thus, we have broadly classified materials into Glass Microspheres (hollow glass microspheres, foam glass granulates, perlite microspheres, and solid glass microspheres), Polymer Microspheres (expanded polymer microspheres and solid polymer microspheres), Ceramic Microspheres (cenosphere and ceramic microspheres), mineral fillers (wollastonite, ground mica, and calcined clay), and others (metallic microspheres).

The market was about to continue its journey of tremendous growth in the market with good growth opportunities in most of the application types. However, the rapid spread of COVID19 has entirely flipped the market dynamics and because of that, the market is expected to log a negative growth (decline) in the year 2020.

The construction industry is among one of the worst-impacted industries due to the pandemic. The industry has witnessed a downturn since the lockdown announced by several countries of the world to control the spread of COVID-19. The complete restriction in major economies has severely impacted the construction industry, the possible impact to be worsened than the great recession (2008-2009). As per the recent estimates of the IMF’s World Economic Outlook, there could be a possible cumulative loss of US$ 9 trillion to global GDP during 2020-2021 with a decline of -3% in global real GDP in 2020. Currently, the construction industry accounts for more than 12% of the global GDP. The lightweight fillers market is strongly dependent upon the organic growth of the construction and automotive industries.

On the basis of application type, the lightweight fillers market is segmented as paints & coatings, plastics & rubber, construction materials, life sciences and pharmaceutical, agriculture materials, and others. Paints & coatings are projected to remain the most dominant application in the lightweight fillers market during the forecast period, owing to its widespread usage and excellent benefits. Fillers, especially the lightweight fillers have been gaining penetration in paints & coatings. For instance, there is greater use of lightweight fillers in roof paints/coatings of commercial & residential buildings, solar reflective coatings on vehicle’s roof, and reflective markings on roads. Lightweight fillers added into paints & coatings offer a huge reduction in VOCs, improve flowability, gloss control, solar reflectivity, thermal insulation, shrinkage resistance, and heat resistance and hardness; in addition to weight reduction.

Based on the material type, the market is segmented as hollow glass microspheres, foam glass granulates, cenosphere, perlite microspheres, expanded polymer microspheres, ceramic microspheres, solid glass microspheres, solid polymer microspheres, metallic microspheres, wollastonite, ground mica, and calcined clay. Hollow glass microsphere is likely to remain the most dominant material in the market during the forecast period, in terms of value, mainly driven by its excellent properties such as low density, thermal stability, and dimensional stability and widespread usage in various industries.

Based on the microsphere type, the market is segmented as hollow microspheres and solid microspheres. Hollow microsphere is likely to maintain its dominance in the market during the forecast period in terms of value as well as the volume. Hollow and solid microspheres vary widely in density; hence, they are used for different applications. Due to their lower densities, hollow microspheres are used as a replacement of heavy raw materials in order to reduce the weight of structure/part apart from enhancing their other properties; whereas solid microspheres are used to enhance the physical properties of structures/parts.

In terms of region, Europe is projected to remain the largest market for lightweight fillers during the forecast period in terms of value, propelled by Germany, France, and the UK. Rising demand for energy-efficient buildings and architectures, high penetration of lightweight fillers, and the presence of several market stakeholders including paints & coatings manufacturers, automotive OEMs, as well as lightweight filler manufacturers (Imerys S.A., Nouryon, Merck KGaA, Omya AG, Trelleborg AB, and BASF SE) are the major factors behind the dominance of the region. Many major countries of the European region are among the worst-affected nations of the world due to the pandemic, causing a greater decline in the regions’ market.

Asia-Pacific is expected to recover at the fastest pace from 2021 onwards, driven by an early recovery expected in China, which is among one of the leading countries for several industries, such as Automotive, Electrical & Electronics, Construction, and Consumer Goods. As per The United States Geological Survey, China is the world’s leading producer of minerals including wollastonite and calcined clay. Matsumoto Yushi-Seiyaku Co., Ltd, Sekisui Chemical Co., Ltd., Sinosteel Maanshan New Material Technology Co., Ltd, and Kureha Corporation are some of the major lightweight filler manufacturers based in the region.

Key Players:

The supply chain of this market comprises raw material suppliers, lightweight filler manufacturers, distributors, and end users. Some of the key players in the lightweight fillers market are Imerys S.A., Kureha Corporation, Matsumoto Yushi-Seiyaku Co., Ltd, Merck KGaA, Nouryon, Omya AG, PQ Corporation, Sekisui Chemical Co., Ltd., Sinosteel Maanshan New Material Technology Co., Ltd, and The 3M Company.

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 Impact Resistant Glass Market.

It was estimated prior to this unanticipated outbreak that the Impact Resistant Glass Market was expected to grow at a CAGR of 7.6% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Impact resistant glass is the high-strength glass that has the ability to stay intact even when shattered or broken. The impact resistant glass remains fitted in place by an interlayer and is laminated between two or more glass layers. It is majorly used in automotive windshields, skylight glazing, railings, staircases, fences, shower rooms, floors, window, table top, glass partition, glass sliding door, glass curtain wall, glass façade, bullet proof glass, high speed train windshield, explosion proof glass, and in regions that are prone to hurricanes.

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 interlayer type, the market is segmented as polyvinyl butyral, ionoplast polymer, ethylene vinyl acetate, and others. The polyvinyl butyral segment held the largest share of the market in 2019, and is expected to register the fastest growth during the forecast period. The segment is mainly driven by its excellent benefits such as huge adhesion, optical clarity, large tear resistance, and also impact absorbance, along with its benefits in acoustic insulation and in lessening the UV transmission. High strength and invasion resistance offered by polyvinyl butyral from burglary, bullets, hurricanes, and explosions are also the core factors generating demand in the high-security infrastructure places.

Based on the end-use industry type, the market is segmented as construction & infrastructure, automotive & transportation, and others. The construction & infrastructure segment commands the market. The growth of the segment is owing to the increasing demand for impact resistant glass in residential & commercial building projects and increasing government regulations for safety & security.

In terms of regions, Asia-Pacific is estimated to be the largest market during the forecast period, with China, Japan, and India being the major countries with lucrative growth opportunities. The growth of the region’s market is mainly driven by the highly developed construction sector in emerging economies, along with the increasing investments in the region to advance the automotive sector. Increasing demand for impact resistant glass for automotive applications in windscreens for maximum safety and protection and adoption of impact resistant glass in advanced construction activities are expected to further drive the market.

Key Players:

Some of the major players in the impact resistant glass market are

• AGC Inc.
• Nippon Sheet Glass Co., Ltd.
• Compagnie de Saint-Gobain S.A.
• Guardian Industries
• Fuyao Glass Industry Group Co., Ltd.
• Central Glass Co. Ltd.
• Sisecam Group
• Taiwan Glass Industry Corporation
• Vitro
• S.A.B. De C.V.
• CGS Holding Co., Ltd.

The unforeseen movements in the worldwide business sectors as a result of the abrupt flare-up of the COVID-19 infection have carried many major and minor quakes to enterprises of all sizes including the Attitude and Heading Reference Systems (AHRS) Market.

It was assessed before this unforeseen episode that the Attitude and Heading Reference Systems Market was probably going to observe an amazing CAGR of 7.2% during the conjecture time frame. Notwithstanding, the progressive easing back down of enterprises will without a doubt force limits on the recently assessed development rate. Snowballing ascend in airplane conveyances and mounting interest for AHRS utilized in Unmanned Aerial Vehicle (UAV) are the prime elements expected to support the development of the worldwide disposition and heading reference frameworks (AHRS) market.

Attitude and Heading Reference Systems (AHRS) Market Segment Insights:

By Type:

The customary AHRS section was relied upon to lead the market in 2018, driven by the flood in infiltration of regular AHRS in airplane and boats over the globe. The section is probably going to proceed with its strength during the conjecture time frame too.

By Component Type:

The inertial detecting unit section is assessed to represent the biggest offer, for the reality, the unit being a fundamental piece of demeanor and heading reference framework is utilized to figure the mentality of the vehicle.

By End-Use Type:

The common flight fragment is assessed to force the market during the conjecture time frame. The fragment over the globe has been seeing light development as of late, represented by components, for example, ascend in air travel, increment in extra cash, and development in worldwide the travel industry, among others.

By Region:

North America was assessed to lead the worldwide mentality and heading reference frameworks market in 2018, instructed by the territorial presence of significant airplane and UAV producers, for example, Boeing (U.S.), Lockheed Martin (U.S.), Bell Helicopter (U.S.), and Sikorsky Aircraft (U.S.), Bombardier (Canada). Europe and Asia-Pacific are additionally liable to offer significant development openings during the conjecture time frame.