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Automotive Bearings Market: Global INdustry Trends and COVID-19 Impact Analysis

Sep 22, 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 Bearings Market.

It was estimated prior to this unanticipated outbreak that the Automotive Bearings Market was expected to reach an estimated value of US$ 18.31 billion during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

In the automotive industry, bearings are used to enable rotational or linear movement while reducing friction and handling stress. Bearings are usually designed to bear axial, radial, or a combination of both loads. The structure of bearing consists of rolling elements and inner and outer races. This assembly allows one part to bear another in automobiles. When selecting a bearing for a particular application, factors like bearing friction, temperature, and lubrication along with the design and construction of the bearing need consideration.

Based on the vehicle type, we have segmented the market as passenger vehicle, LCV, and MHCV. Passenger vehicle is expected to maintain its indubitable lead till 2026, driven by a sustained increase in urban demand, rising consumer disposable income, increasing motorization rate, and reasonably higher production of passenger cars than commercial vehicles. Among all vehicles, passenger vehicle was least affected in 2020 and is expected to register the fastest recovery followed by LCV. In passenger car, electric vehicle is estimated to record a brilliant growth trajectory in the coming years.

Based on the bearing type, we have classified the market as ball bearing, roller bearing, and plain bearing. Ball bearing is likely to remain the dominant bearing type in the market till 2026, given its characteristics of efficient functioning at higher speed as compared to roller bearings and ability to bear both radial and axial load in moderate amounts.

Based on the type of material, we have classified the market as metallic, non-metallic, and hybrid. Metallic bearing is projected to maintain its invincible lead in the market till 2026, propelled by its ability to sustain in applications involving extremely high loads and fast rotations per minute (rpm). Stainless steel is the most widely used bearing material type, its excellent corrosion- and temperature-resistant properties make it superior to other competing materials. The non-metallic bearing type is anticipated to make the fastest recovery in the post-pandemic market developments, closely followed by hybrid bearing.

All regions registered massive downfalls in 2020 in the wake of the pandemic. Asia-Pacific registered the minimum loss in 2020 and is projected to maintain its lead in the global market during the study. China, India, and Japan, with a majority of the world’s population, are creating a massive demand for vehicles, which, in turn, is causing a stir in the region’s automotive bearings market. The Chinese automotive industry is witnessing an advanced recovery after the strategic and efficient control of the COVID-19 outbreak. North America and Europe are also likely to bounce back, creating a healthy demand in the years to come.

Key Players:

Key players operating in the global Automotive Bearings market are-

  • Schaeffler Group
  • AB SKF
  • NSK Ltd.
  • NTN Corporation
  • JTEKT Corporation
  • The Timken 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 Automotive Bearings 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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Gene Therapy Market Projected to Grow at a Steady Pace During 2021-2026

Sep 22, 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 Gene Therapy Market.

It was estimated prior to this unanticipated outbreak that the Gene Therapy Market was expected to grow at a CAGR of 27.8% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Gene therapy is a technique which uses the introduction of DNA into a patient’s body in order to treat or prevent a disease. A functioning gene is present in the introduced DNA, to correct the effects of a disease, which causes mutations. This therapy aims at reestablishing normal function and involves repairing, repressing, or replacing dysfunctional genes that cause disease. Gene therapy:

  • Serves as a promising treatment option for some genetic diseases such as muscular dystrophy and cystic fibrosis, certain inherited disorders, cancer, and viral infections.
  • Addresses the root cause of severe diseases by aiding in drug development to identify the right target and approach.
  • Provides a path to produce the functional protein in case of certain disorders where known genetic mutations lead to deficient or nonfunctional protein production by fixing the underlying defect.
  • Poses a relatively low risk as a new gene introduced will integrate itself into the genome of the patient and continue functioning without hampering the operations of other genes.

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 indication type, the gene therapy market is segmented as neurological diseases, cancer, duchenne muscular dystrophy, heptological, and others. The cancer segment is expected to experience the highest growth in the market during the forecast period. This growth can be attributed to the approval of a growing number of gene therapies for the treatment of cancer and the rising incidences of hematologic cancers.

Based on the vector type, the market is segmented as non-viral and viral vectors. The non-viral vectors’ segment has been further bifurcated into oligonucleotides and others; and the viral vectors’ segment has been further bifurcated into retroviral vectors, adeno-associated virus vectors, and others. The non-viral vectors’ segment is expected to grow at a higher rate over the forecast period, owing to the higher market penetration of oligonucleotide-based non-viral vector gene therapies.

In terms of regions, North America is estimated to be the largest market during the forecast period with lucrative growth opportunities. This growth can be attributed to the presence of major players, rising prevalence of chronic diseases, high and increasing healthcare expenditure, presence of advanced healthcare infrastructure, and availability of reimbursements. Europe and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.

Key Players:

Key players operating in the global Gene Therapy market are-

  •  Biogen, Inc.,
  • Novartis International AG,
  • Gilead Sciences, Inc.,
  • Spark Therapeutics, Inc.,
  • MolMed S.p.A.,
  • Orchard Therapeutics plc.,
  • Sibiono GeneTech Co. Ltd.,
  • Shanghai Sunway Biotech Co., Ltd.,
  • Bluebird Bio,
  • Human Stem Cells Institute PJSC,
  • AnGes MG, Inc.,
  • Alnylam Pharmaceuticals, Inc.,
  • Sarepta Therapeutics, Inc.,
  • Jazz Pharmaceuticals, Inc.,
  • Akcea Therapeutics,
  • Dynavax Technologies 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 Gene Therapy 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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Flat Steel Market Analysis, Emerging Trends, Forecast and COVID-19 Impact Analysis

Sep 22, 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 Flat Steel Market.

It was estimated prior to this unanticipated outbreak that the Flat Steel Market was expected to grow at a CAGR of 5.2% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Flat steel is one of the two types of steel construction products, made from steel slabs and include plate, strip, hollow sections, large diameter welded pipe and structural beams.  

Flat steel products are classified into hot rolled sheets, cold rolled sheets, coated sheets and plates. They are widely used for making various finished products in various industries including automobile, domestic appliances, shipbuilding, and construction. 

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 process type, the market is segmented as basic oxygen furnace and electric arc furnace. Basic oxygen furnace held the larger share of the market in 2019, owing to its wider usage in steel production across the world due to its higher production rates, lower-residual element, and more powerful and effective process.

Based on the product type, the flat steel market is segmented as sheets & strips and plates. Sheets & strips are expected to remain the larger product type of the market during the forecast period, owing to their wider applications, such as in automotive body panels, domestic white goods, roofing and cladding materials, etc.

Based on the end-user type, the market is segmented as building & infrastructure, mechanical equipment, transportation, and others. The building & infrastructure segment is expected to remain the largest and the fastest-growing end-user of the market during the forecast period, owing to rapid growth in the construction industry with increasing usage of flat steel products in constructing residential & commercial buildings and in roads, ports, airports and railways.

In terms of regions, Asia-Pacific is expected to remain the dominant region in the market in the coming five years owing to the largest and the fastest-growing construction market in the region. Industrialization, urbanization, and increasing disposable income in the emerging economies will continue to propel the demand for flat steel in the region over the next five years. Organic growth of the automotive industry with increasing penetration of electric vehicle to reduce carbon emissions is also likely to boost the demand for flat steel product in the region. The region is also the largest exporter of crude steel along with flat steel products in the world with China and India being the top two producers in the world.

Key Players:

Key players operating in the global Flat Steel market are-

  • ArcelorMittal S.A.
  • China Baowu Steel Group Corp., Ltd.
  • Nippon Steel Corporation
  • Hesteel Group Company Limited
  • POSCO
  • Shougang Group Co., Ltd.
  • JFE Steel Corporation
  • Tata Steel Limited
  • SSAB AB
  • ThyssenKrupp AG
  • Voestalpine AG.

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 Flat Steel 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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Telemedicine Market to Witness a Handsome Growth during 2021 – 2026

Sep 22, 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 Telemedicine Market.

It was estimated prior to this unanticipated outbreak that the Telemedicine Market was expected to grow at a CAGR of 19.5% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Telemedicine is a technology where electronic communication is used to provide medical services to patients located in remote locations. It overcomes the barrier of distance by offering clinical health care via telecommunication and information technology. It makes health services more accessible, primarily in isolated rural areas where medical care is not available consistently due to the location.

The increasing need for remote patient monitoring services in developing countries, growing patient pool in remote locations, rising medical tourism activities, and surging prevalence of chronic and lifestyle-associated diseases are some of the factors augmenting the market growth.

  • Also, favorable government initiatives designed at increasing the implementation of telemedicine at a hospital and clinic level to optimize the healthcare facility further boosts the industry growth.
  • However, a lack of knowledge and trust in the developing markets will further impede market expansion.

Based on service, the global telemedicine market (tele-home and tele-hospital market) has been segmented into tele-consulting, telemonitoring, tele-education/training.

  • Among these, the tele-consulting segment witnessed the largest market share of almost 40% in 2020 and is likely to register a healthy CAGR during the review period.
  • This is mainly ascribed rising growth of tele-consulting service due to a large number of self-quarantined population at homes during the COVID-19 pandemic, thereby bolstering the segment growth.

By region, the North American market accounted for the largest market share in 2020 and is estimated to grow at a steady CAGR during the forecast timeline. This can be attributed to the rising prevalence of chronic and lifestyle-associated diseases, the growing geriatric population, and increasing government funding and grants for telemedicine thereby proliferates the industry growth in the region.

Key Players:

Key players operating in the global Telemedicine market are-

  • Allscripts Healthcare Solutions Inc. (The U.S),
  • AMD Global Telemedicine (The U.S),
  • American Well (The U.S),
  • BioTelemetry (The U.S),
  • Blue Sky Telehealth (The U.S),
  • Cerner Corporation (The U.S),
  • Cisco Systems (The U.S),
  • Eagle Telemedicine (The U.S),
  • Honeywell International Inc. (The U.S), and
  • InSight (The U.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 Telemedicine 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 Carbon Capture and Storage Market to Witness a Handsome Growth During 2021-2026

Sep 22, 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 Carbon Capture and Storage Market.

It was estimated prior to this unanticipated outbreak that the Carbon Capture and Storage Market was expected to grow at a CAGR of 6.5% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.

Carbon Capture and Storage is the processing of capturing waste carbon dioxide, transporting it to a storage site, and depositing it where it will not enter the atmosphere. The market is segmented by technology type into pre combustion, post combustion, and oxy-fuel combustion and by application type into oil & gas, chemical processing, power generation, and others.

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 technology type, the market is segmented as pre combustion, post combustion, and oxy-fuel combustion. The pre combustion segment is projected to be the largest segment of the market during the forecast period. Growing demand from the industrial sector including food processing and chemical is likely to boost the market for the pre combustion segment.

Based on the application type, the market is segmented as oil & gas, chemical processing, power generation, and others. The oil & gas segment is projected to remain the largest segment of the market. Increasing investment towards upstream oil & gas industry to cater to energy demand will drive the demand for carbon capture and storage market.

In terms of regions, North America is estimated to be the largest market led by the USA. Shale gas exploration, huge energy demand, stringent regulations, and adoption of new technologies in the USA are the major factors behind the dominance of the region. Europe and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.

Key Players:

Key players operating in the global Carbon Capture and Storage market are-

  • Exxon Mobil
  • General Electric
  • Halliburton
  • Aker Solutions
  • Schlumberger Limited
  • Linde
  • Siemens
  • NRG Energy, Inc.
  • Fluor Corporation
  • Shell Cansolv

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 Carbon Capture and Storage 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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