emerging (74)

Summary

Retort Food Packaging Market information By Packaging Type (Pouch, Carton, Tray), Material (Polypropylene, Polyester, Aluminum foil, Food Grade cast polypropylene, Biomaterial, Paperboard, Nylon), End-use (Food, Beverage, Pharmaceutical), Region — Global Forecast Till 2023

Retort Food Packaging Market Insights

Market Research Future (MRFR) reveals that the global Retort Food Packaging Market is set to expand at a CAGR of about 7.5% from 2017 to 2023 and scale up to a valuation of USD 42.05 billion by the end of the forecast period.

The rising awareness about the micro-organism intolerant property of retort packaging is noted to be the primary factor for its market to surge. Technical advancements are contributing significantly to the expansion of the market. Modern technologies are being deployed by manufactures of provide more effective retort packaging solutions of modified designs and better quality raw materials. This, in turn, is likely to aid in shelf-life extension of the intended subustance, thus, escalate the sales number. These factors are likely to promote the market growth in the coming years. The availability of different types of the packaging that asserts feasibility for packing any type of substance is expected to gain momentum for the market. The food and beverage and the pharmaceutical industries are high consumer of retort packaging. The fast-paced expansion of these industries is likely to gain traction for the market. However, lack of cost-effectiveness can hinder the market expansion.

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Key Players

MRFE profiled prominent vendors of retort packaging. They are;

  • Astrapak Limited (South Africa)
  • Amcor Ltd. (Australia)
  • Mondi Group (South Africa)
  • Berry Plastics Corporation (U.S.)
  • Ampac Holdings LLC(U.S.)
  • Sonoco Products Company(U.S.)
  • Coveris Holdings S.A. (U.S.)
  • Clondalkin Industries BV (Netherlands)
  • Bemis Company Inc. (U.S)
  • Otsuka Holdings Company Limited (Japan)
  • Tredegar Corporation(U.S.)
  • DS Smith PLC(U.K.)
  • Sealed Air Corporation(U.S.)
  • RockTenn Company (U.S.).

Retort Packaging Market Segmental Outline

The global Retort Food Packaging Market has been segmented on the basis of material type, packaging type, and end use. Based on the material type, the global market has been segmented into polypropylene, polyester, aluminum foil, food grade cast polypropylene, biomaterials, paperboard, nylon, and others. Retort packaging materials are highly intolerant to micro-organisms. Hence, use of retort packaging across its high number of end users is expected to gain traction for the global market. Based on the packaging type, the market has been segmented into pouches, cartons, trays, and others. The growing awareness about different type of retort packaging is likely to promote the market growth. Based on the end-user, the global market has been segmented into food, beverage, pharmaceutical, and others. Retort packaging is widely used in the food and beverage industry.

Regional Outlook

Regionally, the Retort Food Packaging Market has been examined across Europe, North America, Asia Pacific, and the Rest of the World (RoW).

MRFR states that the Retort Food Packaging Market in the Asia Pacific is expected to register the highest growth rate over the assessment period. The increase in demand for ready-to-eat food due to the fast-beat lifestyle of people is noted to boost the growth of the APAC market. In economies such as China, Japan, Korea, and India, surge in number of people opting for retort packaging is high, which is expected to positively influence the growth of the market. In addition, the increase in population base and rapid urbanization is escalating the sales of retort packed goods. Thereby, is likely to promote the regional market growth. In North American region, the growing awareness about the benefit of retort packaging is likely to propel the market. In Europe, adoption of trending technologies for launching more effective retort packaging solutions is anticipated to boost the regional market.

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Summary

Global Digital Printing for Packaging Market Statistics, Size, Share, Growth, Trends, Analysis by Packaging Type (Labels, Flexible Packaging, & Other), by Technology (Inkjet, Electrophotography & Others), by Application (Boxes, Cans, Bottles, and Others), by End-User (Food & Beverages, Personal care, Pharmaceuticals, Electronics Goods and Others) and by Region - Forecast to 2023

Digital Printing for Packaging Market Drivers and Restraints

Digital Printing for Packaging Market has observed a tectonic surge over the past few years due to the massive demand from the personal care and F&B industries. As digital printing is more cost-effective and time savings, it is widely in practice. It also helps to cover complete information while offering improved print quality compared to other techniques. Such factors are expected to dictate the growth trajectory of the market across the globe. Digitally printed packages also help to enable faster marketing, improve the workflow, and allows innovative marketing. The recent developments in digital printing tactics for carton creasing, carton cutting, and other finishing technologies have broadened the application area in corrugated packaging, folding cartons, and flexible packaging. Packaging substrates like cartons, labels, and corrugated boxes have further provided the eye-catching commercialization to draw influence on the consumers. One of the latest trends in the Digital Printing for Packaging Market is the custom caps which unfastens colorful choices for the brand proprietors. This is expected to influence the market growth positively over the assessment period. Industries are likely to produce new products in cosmetics, electronics, alcoholic drinks, soft drinks, and household items which demand premium packaging. This is expected to create potential growth opportunities for the market in the foreseeable future.

On the contrary, variations in the prices of raw materials is slated to hinder the growth of the market during the assessment period. Furthermore, the higher cost of manufacturing is considered to deter the market growth in the foreseeable future.

Global Digital Printing for Packaging Market, according to the analysis of Market Research Future (MRFR), is projected to expand at a CAGR of 10.5% during the forecast period.

Competitive Analysis

The major market players of global Digital Printing for Packaging Market include

  • Weber Packaging Solutions Inc. (U.S.)
  • W S Packaging Group, Inc. (U.S.)
  • Xerox Corporation (U.S.)
  • I. du Pont de Nemours and Company (U.S.)
  • Hewlett-Packard Inc. (U.S.)
  • Labels in Motion (U.S.)
  • Xeikon N.V. (Netherlands)
  • Mondi Group (South Africa)
  • Quad Graphics, Inc. (U.S.)
  • Reel Appeal Limited (U.K.)

Digital Printing Packaging Market Segmental Analysis

The global Digital Printing for Packaging Market has been segmented on the basis of technology, type, application, and end-user.

Based on the mode of type, the Digital Printing for Packaging Market has been segmented into labels, flexible packaging, and others. the labels segment is likely to gain eminence owing to its multiple applications such as displaying titles, variable text, numbering and sequential barcodes, or graphics, and also to adds more value to the product.

on the basis of technology, the Digital Printing for Packaging Market comprises of inkjet, electrophotography, and others.

The application segment comprises of boxes, cans, bottles, and others.

the end-user segmentation of Digital Printing for Packaging Market comprises of Food & beverages, personal care, pharmaceuticals, electronics goods, and others. Among these, the food & beverage segment is touted to dominate the market share in the coming years. The increasing demand for branded and packaged products is expected to drive the segment. The growing demand for labeling and product differentiation for their substantiation further drives the Digital Printing Flexible Packaging Market growth in this segment over the review period.

Regional Analysis

the digital printing packaging has been segmented on the basis of region, into Europe, North America, Asia Pacific, and the Middle East & Africa.

Considering the global scenario, the Asia Pacific region is estimated to lead the global Digital Printing for Packaging Market. The growth can be attributed to the increasing disposable income among the individuals, along with the changing lifestyle. The presence of emerging economies like India and China is predicted to contribute to the growth of the market. In this region, China is likely to occupy the largest market share due to the evolving F&B and healthcare industries. Moreover, the growing manufacturing activities, large consumer base, and the overall positive economic environment are likely to dictate the growth trajectory of the regional Digital Printing in Packaging Market.

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For More Information, Click @ https://www.marketwatch.com/press-release/packaging-tape-printing-market-2019-global-trends-size-industry-growth-top-players-share-worldwide-analysis-business-sales-and-forecast-to-2023-2019-04-23

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Related Report : https://www.marketwatch.com/press-release/packaging-printing-industry-2019-size-global-share-trends-analysis-target-audience-financial-overview-revenue-segments-future-scope-growth-prospective-and-regional-forecast-to-2022-2019-10-22

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Summary

Beverage Industry Trends 2019 Segments, Trends, Growth, Global Size, CAGR, Future Scope by Packaging Type (Flexible, Rigid & Semi-Rigid), by Materials (Metal, Plastic, Paper and Glass), by Products (Bottles, Cans, Pouch and Others) and by Region – Global Forecast to 2022

Beverage Industry Trends 2019 Overview

Packaging forms a major part of the product. It helps in preserving the content of the product. Proper packaging increases the longevity of the product. In general, packaging plays an important role in promoting the brand and establishing a unique identity of the product. In case of food products, the packaging part becomes extremely significant for retaining the freshness, taste, and quality of the product. For beverage packaging, aluminum is being highly considered as an efficient option. Aluminum is preferred anytime over plastic owing to its eco-friendly properties. Also, aluminum packaging keeps the beverage cooler and makes the packaging tighter which aids in the transportation of the product. Proper packaging helps the user to store the product by saving a lot of space and to make the product consumption a lot easier.

The report revealed that the global Beverage Industry Trends 2019 is likely to witness impressive growth at 4% CAGR over the forecast period 2017 to 2022. The demand for packaged drinks is spurring as a result of factors such as transforming dietary habits, lifestyle, and increased stress in life for which beverages act as temporary relief.

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Key Players

The global Beverage Industry Trends 2019 is dominated by key players such as

  • Rexam PLC
  • Crown Holdings Inc.
  • Mondi PLC
  • Ball Corporation
  • Reynolds Group Holdings Limited
  • Amcor Limited
  • Owens-Illinois Inc.
  • Alcoa Inc.
  • Tetra Laval International S.A.

Beverage Packaging Market Segmentation

The global Beverage Industry Trends 2019 is segmented based on products, materials, and packaging type. Based on products, the global Beverage Industry Trends 2019 is segmented into pouches, bottles, cans, and others. Under the products segment, bottles contribute to the largest market share and is expected to witness surge during the forecast period. Based on materials, the global Beverage Industry Trends 2019 is segmented into paper, plastic, metal, and others. Under the materials segment, the plastic segment is anticipated to witness rapid growth owing to the usage of plastic bottles for expanding the shelf life of the products. Based on packaging type, the global Beverage Industry Trends 2019 is segmented into rigid, semi-rigid, and flexible types.

Target Audience

  • Packaging Organizations
  • Manufacturer
  • Research Institute / Education Institute
  • Potential Investors

Regional Analysis

Geographically, the global Beverage Industry Trends 2019 is segmented into four key regions namely Europe, North America, Asia Pacific (APAC), and the rest of the world (RoW). The North America market represents the largest share of the global Beverage Industry Trends 2019 over the assessment period. The demand for packaged drinks is surging in the North America market owing to the transforming dietary habits and lifestyle. Additionally, the rapid adoption of innovative technology and its implementation in the manufacturing of packages make North America a lucrative market for the global beverage packaging industry. Besides, in today’s fast and busy life, people are always craving for easy and handy options for food and beverages. This fuel the growth of the beverage packaging industry in the North America market. Moreover, the strict government regulations concerning the protection of environment also propels the Beverage Industry Trends 2019 significantly. The Asia Pacific Beverage Industry Trends 2019 is largely influenced by factors such as easy availability of raw materials, surging production of recyclable beverage packaging, and increasing demand for packaged drinks.

TABLE OF CONTENTS

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

Continues….

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Summary

Packaging of Bottled Water Market Overview, High CAGR of 5.27%, Opportunities and Industry Forecast by 2023 | Global Packaging of Bottled Water Market information By Material (Plastics, Glass and other), By Product (Well Water, Distilled Water, Mineral Water and Others), By Application (Municipal, Industrial and Others) and Region - Forecast To 2023

Packaging of Bottled Water Market Overview

The global Packaging of Bottled Water Market, according to a report by Market Research Future (MRFR), slated to record a substantial market valuation at a moderate CAGR of 5.27% over the review period (2017-2023).

Influential factors such as increasing living standards, disposable income, education and awareness among the consumers, sophisticated business houses, and offices have increased the sales of bottled water rapidly in recent years. Rapid economic growth and a rise in disposable income are expected to result in changing lifestyle patterns in emerging countries, such as China, India, and open new growth opportunities for the water bottle packaging market over the foreseeable future. A latest trend witnessed in the market is the increasing investments towards research and development activities carried out by packaging producers with a specific focus on lucrative locations for manufacture and short-distance supply to reduce costs. Moreover, innovative design and new packaging solutions are also expected to contribute towards developments in packaging and weight reduction. Some manufacturers are shifting their focus towards alternative, ecofriendly materials in the production of their new bottles owing to the increasing environmental concerns. Polyethylene terephthalate (PET), nevertheless, remains one of the most durable, lightweight and resistant packaging currently available, which is driving the sales of bottled water rapidly since it is 100% recyclable.

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Competitive Analysis

  • SKS Bottle & Packaging Inc. (U.S.)
  • Amcor Ltd. (Australia)
  • Greif, Inc. (U.S.)
  • ExoPackaging (India)
  • Silgan Holdings (U.S.)
  • Sidel Group (Italy)
  • American Pacific Corporation (U.S.)
  • CKS Packaging  (U.S.)
  • Berry Global, Inc. (U.S.)
  • Kaufman Container (U.S.)

Industry News

October 2019: Fiji Water, a famous company delivering natural artesian bottled water globally, committed to using recycled polyethylene terephthalate (rPET) for manufacturing the water bottles as an eco-friendly solution.

October 2019: Nestlé announced strategic plans to revive its bottled water division owing to growing competition and high costs. Nestlé, which acquired bottled water brands including Pure Life, Poland Spring, S. Pellegrino, and Perrier, was set to shift from a globally to a locally managed business.

Packaging of Bottled Water Market Segmental Analysis

The global Packaging of Bottled Water Market is segmented on the basis of material, product, and applications.

The materials used in the market are plastic, glass, and others. The plastic packaging segment has been dominating the market and is expected to witness substantial growth over the review period. On the other hand, the glass packaging segment is poised to gain traction owing to due to the increasing environmental concerns encouraging market players to use substitute materials.

The products offered by market players operating in the market are well water, distilled water, mineral water, and others. The mineral water segment holds the largest market share and is expected to rise a higher growth trajectory over the assessment period owing to consumer demand, followed by distilled water for its numerous applications.

The applications of bottled water packaging are found in municipal, and industrial sectors, and others.

Regional Analysis

The global market for Packaging of Bottled Water Market has been analyzed in several regions have including North America, Europe, the Asia Pacific, and the rest of the world.

North America is the largest regional market for Health awareness, the higher standard of living, and rising demand and consumption of bottled water are some of the major driving factors for the growth of bottled water packaging in North America.

The Asia Pacific region is one of the major markets for bottled water packaging and is expected to gain substantial traction over the review period. This growth is attributed to the rising population and improving the purchasing power of consumers in developing regions of India, China, Japan, and others.

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Related News : https://www.marketwatch.com/press-release/plastic-bottle-recycling-market-2018-global-growth-opportunities-key-driving-factors-market-scenario-and-forecast-to-2022-2018-06-11

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Summary

Global Transfer Switch To Generator Market Segments, Size, Share, Trends, Target Audience, CAGR, Growth | Information by Type (Automatic transfer switch and manual transfer switch), Ampere Rating (20–300 A, 301–1600 A and 1601–4000 A), Transition Mode (Soft load transition mode, closed transition mode, delayed transition mode and open transition mode), Application (Industrial, commercial and Residential) and Region (North America, Europe, Asia-Pacific, the Middle East & Africa and South America) - Forecast till 2025

Transfer Switch To Generator Market Highlights

The Transfer Switch To Generator Market size is projected to reach USD 1,667.1 Million by 2025 from an estimated USD 991.0 million, at a CAGR of ~6.34%. The transfer switch is an electric switch that switches a load among two power sources, including generator and utility power. The switch provides an easy method of transferring power supply from the grid to the generator. There are two types of transfer switch, namely, automatic transfer switch and manual transfer switch.

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Key Players

The key players operating in the global Transfer Switch To Generator Market are The key players operating in the global Transfer Switch To Generator Market are ABB (Switzerland), Eaton (Ireland), Schneider Electric (France), General Electric (US), Socomec (France), Emerson Electric Co. (US), Camsco Electric Co. (Taiwan), Eltek Power Systems (South Korea), , Generac Power System (US), Siemens (Germany), Caterpillar Inc. (US), Kohler Co. (US), Russelectric (US), Camsco Electric Co. (Taiwan), and Regal Beloit (US). 

Asia-Pacific held the largest share of the global Transfer Switch To Generator Market in 2018: MRFR

The global Transfer Switch To Generator Market has been segmented into five regions, which are Asia-Pacific, North America, Europe, the Middle East & Africa, and South America. The market in Asia-Pacific held the largest share of the global Transfer Switch To Generator Market in 2018, mainly due to increasing investments in power distribution, rising investments in smart grid development, demand for automotive electronics, and high growth in construction sector. The market in the region is also expected to be the fastest growing during the forecast period. The region is also expected to be the fastest growing market during the forecast period.

The market in North America is expected to be the second largest owing to an increase in the replacement demand for existing grid infrastructure. The US market is expected to dominate the North America market during the forecast period. Europe is also expected to grow at a significant rate owing to many advanced technologies being introduced by some of the key players in Europe such as Siemens, Schneider Electric, and ABB. Germany is expected to dominate in Europe due to new transfer switch projects coming up, especially designed for automotive systems. Similarly, countries such as Saudi Arabia and Brazil are the two economies, which are expected to dominate the Middle East & Africa and South America, respectively

On the basis of type, the global market is segmented as automatic transfer switch and manual transfer switch. The automatic transfer switch segment is expected to dominate the market during the forecast period as it immediately switches whenever there is a shortage or fluctuation in power. On the basis of ampere rating, the global market is segmented as 20–300 a, 301–1600 a, and 1601–4000 a. The 301–1600 a segment is expected to segment is expected to dominate the global market during the forecast period. Rapid industrialization and large-scale commercial development are expected to increase the demand of transfer switches within the 301–1600 a ampere rating. On the basis of application, the global market has been segmented as industrial, commercial, and residential.

Scope of the Report

This report provides an in-depth analysis of the global Transfer Switch To Generator Market, tracking three market segments across five geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size and share for North America, Asia-Pacific, Europe, the Middle East & Africa, and South America. The report also presents a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global Transfer Switch To Generator Market by type, ampere rating, transition mode, application, and region.

By Type

Automatic transfer switch

Manual transfer switch

By Ampere Rating

20–300 a

301–1600 a

1601–4000 a

By Transition mode

Soft load transition mode

Closed transition mode

Delayed transition mode

Open transition mode

By Regions

North America 

Asia-Pacific 

Europe

Middle East & Africa

South America

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Summary

Global Hydroelectric Turbine Market Size, Share, Growth, Trends, Analysis by Type (Reactive, Impulse, Gravity, and Others) , By Capacity (Less than 1 MW, Between 1 – 10 MW, and Above 10 MW), By Application (Power Generation, Power Storage, Marine, and Aeronautics) and By Region (North America, Europe, Asia-Pacific, Middle east & Africa and South America) – Forecast till 2025

Hydroelectric Turbine Market Synopsis

Growing at a CAGR of 4.55%, the market is expected to grow from USD 2.011 billion in 2018 to USD 2.741 Billion in 2025.

The Hydroelectric Turbine Market is growing on the back of increasing energy requirement, increasing emphasis on renewable energy sources, low cost and high efficiency of hydropower conversion.

Moreover, hydropower turbines are finding new use in diverse areas such as building automation, marine sector and in aeronautics which is further boosting this market.

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Key Players

  • General Electric
  • Andritz
  • Toshiba Energy
  • Kirloskar Brothers Ltd.
  • Siemens
  • Canyon Industries Inc.
  • Hitachi Ltd.
  • Cornell Pump Co.
  • Canadian Hydro Components Ltd.
  • WWS Wasserkraft GmbH
  • Capstone Turbine
  • Gilbert Gilkes & Gordon

Market Segmentation

By Type

Hydropower turbines are classified as reactive, impulse, gravitational, pump among others. Each of these types has a very specific utility that makes hydropower turbines ideal for applications even beyond their traditional utility of generating hydropower. Reactive hydropower turbines have the most demand and they usually find utility in medium and small hydroelectric power generation plants. China and India have a huge requirement for small and medium hydroelectric plants to meet rural energy needs and this is again causing the reactive Hydroelectric Turbine Market to grow. China is investing heavily in huge hydroelectric power plants and is thus driving the impulse Hydroelectric Turbine Market. The Baihetan dam with an output of 1600 MW are to be operational around 2021 and will use 12 huge gas-powered reactive turbines.  For hydroelectric projects with usually low flow and high inlet pressure, impulse turbines are used as they generate steady kinetic energy which is to be used to move the turbine blades. In 2018, India met 13.44% of its energy requirements via hydroelectricity, with an emphasis on small and medium scale hydropower plants which use impulse turbines.

By Capacity

Many of the world’s hydropower turbines are utilized in small (below 1 MW) and medium (Between 1MW – 10 MW) capacity hydroelectricity plants. But the largest and fastest growing market share belongs to hydropower turbines used in large scale hydroelectricity production (above 10 MW). South America and East Asia are propelling the market for large hydropower turbines as they are setting up huge hydroelectric dams. India is managing its rural energy demands by setting up several small and medium sized hydropower plants. However, the most potential for small and medium scale hydropower plants is within Africa and Europe, with the African market virtually untouched but expecting heavy investment soon.

By Application

Power generation remains the largest and fastest growing market segment within the global Hydroelectric Turbine Market. Over 16% of the world’s energy requirement are fulfilled via hydropower and this number is rising with China and India, the world’s first and third largest energy consumers respectively, increasingly investing in it. Furthermore, Africa has the most untapped hydroelectric power generation potential and a rising energy demand which will further this market segment. Power storage is a critical component of power distribution and it is used to satisfy demand during peak requirement. Almost all the world’s current power storage is hydroelectric in nature, and it is causing the growth of the Hydroelectric Turbine Market. The key requirement of power storage is the ability to rapidly vary power generation levels, something which can be done in hydroelectric power plants. Thus, being a smaller market segment than power generation, the power storage application of hydropower turbines holds an effective monopoly within the segment.

Market Drivers

  • The high demand and potential of hydroelectric power generation.
  • The excellent energy conversion offered using hydropower turbines.
  • Very low maintenance cost
  • Increased applicability in building automation, marine industry and the aeronautical industry.
  • Requires zero fuel
  • Design and manufacture of hydropower turbines is not overtly complex

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Summary

Global VOC Concentrator Market Size, Share, Trends, Growth, Analysis by Adsorbent (Zeolite and Carbon), by Application (Paint Finishing, Printing, Electronics & Semiconductors Manufacturing, Chemical Processing, Pharmaceutical Manufacturing and others) and by Region (North America, Europe, Asia-Pacific, Middle East & Africa and South America) - Forecast till 2024

Volatile Organic Compounds (VOC) Concentrator Market Highlights

The VOC concentrator refers to the activated zeolite or carbon adsorption system, are designed to capture and eliminate volatile organic compounds (VOCs) and hazardous air pollutants from industrial exhaust systems. It consists of three phases, namely, adsorbing phase – to capture VOCs; desorbing phase – to heat VOCs; and thermal oxidation phase – to destroy VOCs. The VOC concentrator are used in those applications that require high air volume and low inlet concentration solvents.

For instance, according to India Brand Equity Foundation, the manufacturing sector grew with a 6.6% CAGR from USD 2,208 billion in 2016 to USD 2,522 billion in 2018 in the region. Such factors are expected to drive the market for VOC concentrator during the forecast period.

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Key Players

The major players in the global VOC concentrator market are 

  • Seibu Giken Co. Ltd. (Japan)
  • Anguil Environmental (US)
  • TKS Industrial Company (US)
  • CECO Environmental (US)
  • The CMM Group, LLC (US)
  • Munters (Sweden)
  • Filtrační technika (Czech Republic)
  • Cycle Therm, LLC (US)
  • Gulf Coast Environmental Systems (US)
  • Condorchem Envitech (SpainShip and Shore Environmental, Inc (US)
  • Catalytic Products International, Inc. (US)
  • Tecam Group (Spain)
  • Teledyne Technologies (US)
  • Sang Won Machinery Co., Ltd.  (South Korea).

Market Research Analysis

In terms of region, the global VOC concentrator market is segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. North America dominates the global VOC concentrator market. The increase in per capita income and demand for manufactured goods are expected to drive the VOC concentrator market in the region.   

The US is one of the most industrialized countries in the world and hosts many manufacturing plants, which produce VOCs as by-products. Some of the major end users of VOC concentrators include paint finishing, printing, electronics manufacturing, and pharmaceutical. Additionally, the US Environment Protection Agency regulates VOC emissions through its 40 CFR 59 standard, which is common for both consumer and commercial products. Therefore, the increasing stringent regulations from the government are expected to drive the growth of the VOC concentrator market in the US during the forecast period

Scope of the Report

This study provides an overview of the global VOC concentrator market, tracking two market segments across five geographic regions. The report studies key players, providing a four-year annual trend analysis that highlights market size, and share for North America, Europe, Asia-Pacific, Middle East, and South America. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global VOC concentrator market by adsorbent, application, and region.

By Adsorbent

  • Zeolite
  • Carbon

By Application

  • Paint Finishing
  • Printing
  • Electronics & Semiconductors Manufacturing
  • Chemicals Processing
  • Pharmaceuticals Manufacturing
  • Others

By Regions

  • North America 
  • Asia-Pacific 
  • Europe
  • Middle East & Africa

Table Of Content

1Executive Summary

1.1 Market Attractiveness Analysis

1.1.1 Global VOC Concentrator Market, By Adsorbent Type

1.1.2 Global VOC Concentrator Market, By Application

1.1.3 Global VOC Concentrator Market, By Region

2 Market Introduction

2.1 Definition 19 

2.2 Scope Of The Study 19 

2.3 Market Structure 19 

3 Market Insights

4 Research Methodology

4.1 Research Process  

4.2 Primary Research  

4.3 Secondary Research

4.4 Market Size Estimation

4.5 Forecast Model

4.6 List Of Assumptions

Continues….

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MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

 

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Global Refrigerated Shipping Container Market Size, Share, Trends, Growth, Future Scope, Analysis by Packaging Material (Paper & Paperboard, Plastic, Metal and Others), by packaging type (Boxes And Cartons, Bags And Pouches, Containers, Bottle & Jars and Others), By end-user (Residential, Non-Residential) and Region - Forecast To 2023

Refrigerated Shipping Container Market Analysis

The global Refrigerated Shipping Container Market is touted to surpass USD 10 billion at a notable 5.37% CAGR over the estimated years (2017-2023). Packaging plays a vital role for every food product. This helps in protecting, promoting, informing and playing a pivotal part in offering consumers with convenience. When foods are properly frozen it helps in maintaining their texture, flavor and original color and above all its nutrients compared to foods that are preserved through other methods. With rising household incomes and busy consumer lifestyles, a major part of the populace is on the lookout for convenient choices which can fit perfectly in their hectic schedules. Advancements and innovations in technology have allowed flexible packaging companies to provide improved packaging designs and new film types that helps in protecting, promoting and storing the product. Various specifications such as single serve packing, tear notch openings, re-sealable zippers and printed films play a vital part to enhance this trend.

There are plentiful factors that is boosting the growth of the Refrigerated Shipping Container Market.

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Key Players

Leading players profiled in the Refrigerated Shipping Container Market include

  • WestRock Company (U.S.)
  • Sonoco Products Company (U.S.)
  • Sealed Air Corporation (U.S.)
  • Pactiv LLC (U.S.)
  • International Paper Company (U.S.)
  • Graphic Packaging International, Inc. (U.S.)
  • Crown Holdings Incorporated (U.S.).
  • Bemis Company, Inc. (U.S.)
  • Ball Corporation (U.S.)
  • Amcor Limited (Australia).

Industry News

May 2019- Ecolean is coming up with its next packaging production facility in Sweden that will employ about 100 people post completion of the construction sometime in 2020. This new production facility in Landskrona will make lightweight packaging solutions for catering the need of the liquid food industry. The lightweight packaging solutions are given the shape of a pitcher thereby making it capable to stand on the shelf. The package range can be utilized for chilled liquid products including beverages, soups, still drinks and dairy. These packages will consume less space as well as lead to minimum waste volumes.

Market Segmentation

MRFR report provides an extensive segmental analysis of the Refrigerated Shipping Container Market on the basis of material, type and end-user.

Based on packaging material, it is segmented into metal, plastic, paper & paperboard and others.

Based on packaging type, the Refrigerated Shipping Container Market segmented into bottle and jars, containers, bags and pouches, boxes and cartons and others.

Based on end-user, it is segmented into non-residential and residential.

Regional Analysis

By region, the Refrigerated Shipping Container Market covers growth opportunities and latest trends across North America, Asia Pacific, Europe and Rest of the World. Of these, North America will sway the market over the estimated years. This is owing to the inclination of people in this region for convenience food products. The growing need for seafood, poultry and meat is also expected to bolster the market demand along with boost in global population and demographic shifts.

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Related Report : https://www.marketwatch.com/press-release/temperature-controlled-packaging-for-pharmaceutical-market-2019-top-manufacturers-global-size-industry-share-trends-growth-segmentation-and-regional-forecast-to-2023-2019-05-30

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Global Portable solar charger Market Size, Share, 19.25% CAGR, Research Report : Information by Type (Small Portable Charger, Foldable Portable Charger, Backpack Solar Chargers and others), Component (Solar Charge Controller, Inverter and Battery), Application (Individual and Defense) and Region (North America, Europe, Asia-Pacific, Middle East & Africa and South America) - Forecast till 2025

Portable solar charger Market Highlights

The global portable solar charger market is expected to be valued at ~USD 1,701.0 Million by 2025 at a projected CAGR of 19.25% over the forecast period.

Portable solar charger uses sunlight as the primary source of energy. The solar charger has in-built solar panel, which contains an assembly of photovoltaic cells to converts the sunlight to electrical energy. The charging system has an USB port as an output, to which the chargeable device is connected. Portable solar chargers are easy to hang on backpack, with the presence of a waterproof kit over the charging device, so that they can be used in adverse weather conditions. They form a perfect charging solution for camping, hiking, and various other outdoor activities. Additionally, the use of portable solar power device does not harm the environment, which is likely to increase its popularity during the forecast period.

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Key Players

The key players of the global portable solar charger market are Renogy, Go Power (Canada), Acopower (US), HQST (Canada), Goal Zero (US), Voltaic Systems Systems (US), EMPO-NI off-grid solutions (Germany), Instapark, Suntactics (US), Anker Innovations Limited (US), X-DRAGON, Overtravel International Ltd (UK), and IceTech.

Market Research Analysis

Based on region, the global portable solar charger market is classifed into North America, Europe, Asia-Pacific, the Middle East & Africa, and South America. Asia-Pacific is one of the largest markets for portable solar charger in the world. The increasing demand for alternative sources of energy owing to the growing population and rising disposable income are set to drive the portable solar charger market growth. Moreover, the climatic conditions in China, India, and other countries receive on an average more than 290 days of sunlight, which is suitable for these solar charging devices. Hence, the demand for portable solar chargers is growing in China and India.

North America is estimated to witness the highest growth in portable solar charger market during forecast period owing to growing demand for envirnment-friendly charging devices. The growth is attributed to the rise in demand for foldable solar chargers, increasing use of various electronic surveillance equipment in military sector, and the presence of key players, such as Goal Zero (US), Go Power (Canada), Acopower (US), and Voltaic Systems Systems (US). In th region, the US is expected to dominate with the largest share and is projected to have the highest CAGR between 2019 and 2025 due to growing adventurous outdoor activities. The US is expected to be the largest market during the forecast period.

The market in Europe is growing due to stringent environmental norms and the growing sales of wearable products. In Europe, Germany is the largest and fastest-growing market in portable solar charger market, whereas the UK, France, Italy, Spain, Belgium, and the Netherlands are the other major countries that contribute to the growth of this market.

In the Middle East & Africa market, Saudi Arabia is the largest market for portable solar charger. Iran and South and East Africa growing at high rates have a major contribution to the growth of portable solar charger market due to the increasing penetration of cellphones across the country with the lack of availability of electricity. In South America, Brazil is the largest and fastest-growing country, playing an important role in this market.

Scope of the Report

This study provides an overview of the global portable solar charger market, tracking three market segments across three geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume, and share for North America, Europe, Asia-Pacific, and the rest of the world. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global portable solar charger market by type, component, application, and region.

By Type

Small Portable Charger

Foldable Portable Charger

Backpack Solar Chargers

Others

By Component

Solar Charge Controller

Inverter

Battery

By Application

Individual

Defense

By Regions

North America 

Asia-Pacific 

Europe

South America

Middle East & Africa 

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Synchronous Motor Market Research Report by Mount Type, by Voltage Class, by Application, by End User and by Region – Forecast to 2025

Synchronous Motor Market Overview

The Global Synchronous Motor Market is expected to grow at a CAGR of 4.33% for the forecast duration and cross USD 26.09 Billion by 2025.

The global synchronous motors market is growing due to the growth of the oil & gas industry, pulp and paper industry, and the chemical industry. Synchronous motors usually outperform induction motors, especially for low RPM and low to medium voltage applications.

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Key Players

  • ABB
  • Siemens
  • General Electric
  • Rockwell Automation, Inc.
  • Toshiba Corporation
  • WEG SA
  • Hitachi Ltd
  • Bosch Group
  • Johnson Electric Holdings Limited
  • Emerson Electric Co.
  • Nidec Corporation

Market Segmentation

By Mount Type: This segment is divided into horizontal mounting synchronous motor and vertical mounting synchronous motor. The horizontal mounting synchronous motor is the larger market segment and the product finds applicability in fans, compressors, conveyors, cranes, mixers, among others. Horizontal mounting synchronous motors are preferred when the machine does not have to handle both axial and radial thrust. It is also finding increased application in automation. Vertical mounting synchronous motors are used mostly for pumps and this has a very large application in the oil & gas industry as well as the chemical and petrochemical industry. They are designed to handle axial as well as radial thrusts. 

By Voltage Class: This segment is divided into low voltage and medium voltage synchronous motors. Low voltage synchronous motors find applicability in fans and compressors for the purpose of ventilation, heating, cooling systems and for machinery that has a requirement for constant low RPMs at a low voltage. Medium voltage synchronous motors are much more efficient than induction motors for the 35–2500 kW range for RPMs lower than 500. Consequently, they are used in conveyor belts and in the pulp and paper industry.

By Application: The largest application for synchronous motors is in fans for industrial purposes. Fans powered by synchronous motors have a constant RPM and require less power to be operational. Conveyor belts also have a great demand for synchronous motors because most conveyor belts require high power and a constant RPM irrespective of the load placed on them. This can be easily facilitated using synchronous motors, especially for use in mining and pulp and paper industries. Synchronous motor compressors are used when the demand is for steady RPMs and lower RPMs with synchronous compressors being able to operate at RPMs as low as 120. Synchronous motor pumps are a very large market due to their extensive use in the oil & gas industry, chemical and petrochemical industry, as well as in mining operations. Extruders are devices used to manipulate plastics and they require a steady RPM irrespective of load applied, which is where synchronous motors come in.

By End User: The oil & gas industry is the largest market for synchronous motors due to their ability to pressurize fluids to transport it against gravity using pumps. This industry also uses synchronous motor compressors and fans. For much the same reason, synchronous motors have a great demand within the growing chemical and petrochemical industry. The pulp and paper industry relies on a variety of synchronous motor-powered machinery, especially its conveyor belts, coaters, and paper machines. The critical demand in this industry is for its machinery to operate at constant speeds despite a variation in its loads. Mining operations need to have a pump which is constantly expelling collected water from within the mines to prevent flooding and maintain the mine’s structural integrity. This fuels the demand for synchronous motor pumps in mining.

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Global Hybrid EV Battery Market Research Report: Information by Type (Lithium-Ion, Nickel Metal Hydride, Lead Acid and others), Application (Plug-in Hybrid EV, Battery Electric Vehicles and Hybrid Electric Vehicles) and Region (North America, Europe, Asia-Pacific, Middle East & Africa and South America) - Forecast till 2025

Hybrid EV Battery Market Highlights

Hybrid battery is an integral component of hybrid vehicles having the ability to get recharged. Hybrid batteries are also capable of improving acceleration and fuel efficiency of hybrid vehicles.

The Global Hybrid EV Battery Market is projected to be valued at USD 6.71 Billion by 2025, with ~11.56% CAGR from 2019–2025. Hybrid EV battery is used in electric vehicles to decrease the dependence on conventional diesel and petrol vehicles. These batteries increase the overall performance of an electric hybrid vehicle.   

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Key Players

The key players operating in the global hybrid EV battery market are LG Chem. (South Korea), Samsung SDI Co., Ltd. (South Korea), Tesla (US), Mahindra & Mahindra (India), Toshiba Corporation (Japan), Toyota (Japan), GS Yuasa International Ltd. (Japan), Nissan Motor Corporation (Japan), CATL (China),Dorman Products (US), Hitachi Automotive Systems Americas, Inc. (Japan), Panasonic Industry Europe GmbH (Japan), BYD Company Ltd. (China), Exide (India), and HBL Power Systems (India).

Market Segmentation

The global hybrid EV battery market has been segmented into six regions, which are Asia-Pacific, North America, Europe, the Middle East & Africa, and South America. Asia-Pacific accounts for the largest share in the hybrid EV battery market due to increasing focus on electric vehicles and making them an integrated part of the entire automotive sector, thereby presenting lot of opportunities for the hybrid EV battery market. The Electric Vehicle Association of Asia-Pacific, established in 1990 has been focusing on promoting and developing electric and hybrid vehicles in the region, thereby driving the market for EV hybrid battery market. China is expected to hold a major share in Asia-Pacific region due to the increasing transition from petroleum-fueled vehicles to electric vehicles.

Regional Analysis

The market in North America is expected to be the second largest market for hybrid EV battery, owing to increasing investments the electric vehicle industry. The automotive industry in the region has been focusing on bringing up the electric and plug-in hybrids to the market. Recent emission control measures taken by the government has also motivated automotive companies to manufacture technically advanced hybrid vehicles, thereby driving the hybrid EV vehicles. The US is expected to dominate the North America region owing to drastic increase in electric vehicles sales which increased by almost 81% in 2018. 

The hybrid EV battery market in Europe is expected to be dominated by Germany owing to increasing focus on electric vehicles. Although, the European market is still dominated by petrol and diesel vehicles, but the share of electric vehicles has been growing fast.  

The hybrid EV battery market within the Middle East & Africa is dominated by Saudi Arabia due to increasing investments in electric vehicles which would result into almost 42,000 EVs running on roads by 2030.

The hybrid EV battery market in South America is expected to foresee a positive trend due to growing awareness about vehicle emissions and lower operating and maintenance costs. Brazil is one of the largest electric vehicles producing country in the region and is expected to grow at the fastest rate during the forecast period.

The global hybrid EV battery market has been segmented based on type and application. On the basis of type, the global market includes lithium-Ion, nickel-metal hydride, lead-acid, and others. Lithium-ion battery segment is expected to dominate the global market due to its preference in high-voltage applications and its high power-to-weight ratio. On the basis of application, the global market is segmented into plug-in hybrid EV, battery electric vehicles, and hybrid electric vehicles.

Scope of the Report

This report provides an in-depth analysis of the global hybrid EV battery market, tracking two market segments across five geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size and share for North America, Asia-Pacific, Europe, the Middle East & Africa, and South America. The report also presents a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global hybrid EV battery market by type and application, and region.

By Type

Lithium-Ion

Nickel Metal Hydride

Lead Acid

Others

By Application

Plug-in Hybrid EV

Battery Electric Vehicles

Hybrid Electric Vehicles

By Regions

North America 

Asia-Pacific 

Europe

Middle East & Africa

South America

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Global Fault Current Limiter Market Size, Share, Trends, Research Report | Information by Type (Superconducting, Non-Superconducting), Voltage Range (High, Medium and Low), End-use (Power Stations, Oil & Gas, Automotive, Paper mills, Chemicals and Steel & Aluminum) and Region (North America, Europe, Asia-Pacific, Middle East & Africa and South America) - Forecast till 2025

Fault Current Limiter Market Highlights

A fault current limiter is an electric device that helps to limit the amount of current flowing through a network. High temperature superconducting fault current limiter and solid-state current limiter are two categories of fault current limiter.

The Global Fault Current Limiter (FCL) Market is projected to be valued at USD 7.17 Billion by 2025, with ~8.16% CAGR during the forecast period, 2019–2025. The fault current limiter is a device that controls the fault current levels on utility transmission and distribution networks. The device remains invisible unlike reactors which possess some resistance during normal operation. 

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Key Players

The key players operating in the global fault current limiter market are Rongxin Power Electronic Co.Ltd. (China), ABB (Switzerland), Applied Materials (US), Siemens (Germany), Gridon (Israel), Superpower Inc. (US), Superconductor Technologies Inc. (US), American Superconductor Corporation (US), Alstom (France),  Zenergy Power Electric Co. (US), Nexans (France) and others.

Market Segmentation

The global fault current limiter (FCL) market has been segmented based on type, voltage range, and end-use. Based on type, the global market includes superconducting and non-superconducting. The superconducting segment is expected to dominate the global market and is likely to grow with the highest CAGR. The global market is segmented on the basis of voltage range as high, medium, and low voltage. The high voltage segment is expected to grow with the highest CAGR during the forecast period. Based on end-use, the market is segmented into power stations, oil & gas, automotive, steel & aluminum, and paper mills & chemicals. The power stations segment is expected to hold the largest share during the forecast period.

Regional Analysis

The global fault current limiter market has been segmented into six regions, which are Asia-Pacific, the Middle East & Africa, Europe, North America, and South America. Growing concern for reliable power and upgrade of T&D network in US, Canada, and Mexico would drive the demand for fault current limiter market. For instance, according to the T&D World, in June 2019, Georgia Power (US) stated its plans to invest USD 18 billion to improve reliability and resiliency of electrical system in the state.

The Asia-Pacific market is poised to be the second largest market for fault current limiter, owing to increasing investments smart grid and transmission & distribution network. For instance, in March 2019, China Southern Power Grid announced its plans to set up investment in smart grid construction in the Pearl River Delta region to improve the clean energy installation in the coming years. Moreover, according to the institute for Energy Economies and Financial Analysis (IEEFA) news in March 2019, India will launch USD 5 billion of transmission line tenders in phases to route a targeted 175 GW of power by 2022.

The fault current limiter market in Europe is expected to be dominated by Germany owing to increase in power generated from renewable energy resources, increasing smart grid initiatives, and replacement of existing T&D network driving the fault current limiter market in this country.

The fault current limiter market within the Middle East & Africa is dominated by Saudi Arabia due to growing power demand and use of fault current limiter in the growing oil & gas industry in the country.

The fault current limiter market in South America is dominated by Brazil due to it being the largest oil producing country in the region. Moreover, Brazil is also expected to have the highest CAGR during the forecast period.

Scope of the Report

This report provides an in-depth analysis of the global fault current limiter market, tracking three market segments across five geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size and share for North America, Europe, Asia-Pacific, South America, and the Middle East & Africa. The report also presents a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global fault current limiter market by type, voltage range, end-use, and region.

Type

Superconducting

Non-superconducting

Voltage Range

High

Medium

Low

End-Use

Power Stations

Oil & Gas

Automotive

Paper mills & Chemicals

Steel & Aluminum

By Regions

North America 

Asia-Pacific 

Europe

Middle East & Africa

South America

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Global Safety Valve Market Size, Share, Trends, Research Report | Information: by Material (Steel, Alloy, Cast iron, Cryogenic and others), Size (Less than 1”, 1” to 10”, 11” to 20” and 20’ & above), End-use (Oil & gas, Energy & power, chemicals, Food & Beverage, water & wastewater treatment and others) and Region (North America, Europe, Asia-Pacific, Middle East & Africa and South America) - Forecast till 2025

Safety Valve Market Highlights

Safety valves are precautionary and preventive valves that actuate automatically when the preset safety valve pressure and temperature is exceeded. Safety valves protect critical equipment from damage by releasing excess pressure without any electrical support.

The global safety valve market is projected to be valued at USD 5.12 Billion by 2025, with ~5.02% CAGR during the forecast period, 2019–2025. Safety valves protect the equipment from exploding or damaging and are mainly installed in pressure vessels. Safety valves not only provide safety to equipment but also to the workforce.    

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Key Players

The key players operating in the global safety valve market are Emerson Electric Co (US), , IMI plc (UK), ALFA LAVAL (Sweden), The Weir Group PLC (Scotland), Schlumberger Limited (US), Curtiss-Wright Corporation (US), Forbes Marshall (India), , Danfoss (Denmark), LESER GmbH & Co. KG (Germany), Bosch Rexroth AG (Germany), General Electric (US), and Spirax Sarco Limited (UK).

Market Segmentation

The global safety valve market has been segmented into six regions, which are Asia-Pacific, North America, Europe, the Middle East, Africa, and South America. According to the Asian Development Bank (ADB), in 2017, Asia-Pacific needs to invest USD 1.7 trillion per year in infrastructure until 2030 to maintain its growth momentum. Furthermore, the regulatory and institutional reforms are needed to make infrastructure more lucrative for private investors and to create a pipeline of projects for public-private partnerships. Safety valves in construction industry are mostly used to regulate the flow of liquid in firefighting systems, piping systems, and water supply systems. Hence, Asia-Pacific accounts for the largest share in the safety valve market due to a growing construction industry and the various opportunities for the safety valve market players.  

Regional Analysis

The market in North America is expected to be the second largest market for safety valves, owing to increasing investments in the construction industry. The construction industry in the US is expected to grow faster than the market in China over the next 15 years, which is expected to result in the extensive installation of safety valves in the construction industry. As per the US Department of Commerce, in January 2019, the total expenditure on residential and non-residential construction was approximately USD 1,307.34 billion. These investments are expected to boost the safety valves market in the region as safety valves provide the desired pressure and flow of liquid within any system.

The safety valve market in Europe is expected to be dominated by Germany owing to increase in power generated from renewable energy resources driving the safety valve market in this country.

The safety valve market within the Middle East & Africa is dominated by Saudi Arabia due to petrochemical industry in the country.

The safety valve market in South America is dominated by Brazil due to it being the largest oil producing country in the region. Moreover, Brazil is also expected to have the highest CAGR during the forecast period.

The global safety valve market has been segmented based on material, size, and end-use. On the basis of material, the global market includes through steel, alloy, cast iron, cryogenic, and others. The steel segment is expected to dominate the global market and is likely to grow with the highest CAGR. On the basis of size, the global market is segmented into less than 1”, 1" to 10", 11" to 20", and 20" and above. The 1’ to 10” segment is expected to grow with the highest CAGR during the forecast period. Based on end-use, the market is segmented into oil & gas, energy & power, chemicals, food & beverage, water & wastewater treatment, and others.

Scope of the Report

This report provides an in-depth analysis of the global safety valve market, tracking three market segments across five geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size and share for North America, Asia-Pacific, Europe, the Middle East & Africa and South America. The report also presents a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global safety valve market by material, size, end-use, and region.

by Material

Steel

Alloy

Cast Iron

Cryogenic

Others

by Size

Less than 1”

1” to 10”

11” to 20”

20” and Above

by End-Use

Oil & Gas

Energy & Power

Chemicals

Food & Beverage

Water & Wastewater Treatment

Others

By Regions

North America 

Asia-Pacific 

Europe

Middle East & Africa

South America

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Global Cups and Lids Market Growth, Analysis, Opportunities, Size: By Raw Material (Plastic, Paperboard, and others), Products (Cups and lids), Application (Food & Beverage, Foodservice, Retail, and others), and Region - Forecast 2017-2023

Cups and Lids Market Analysis

The global cups and lids market is predicted to have significant growth over the forecast period (2017-2023), states the new Market Research Future (MRFR) report. Cups and lids are used for offering support, tampering resistance, and external environment protection for beverages and various food items. Manufacturers are using different materials for making cups and lids such as metal, foam, paper/paperboard, and plastic that prevents the products from spilling, as well as, getting adulterated from contamination. Cups and lids are widely used in the food and beverage industry for fruit juices, soft drinks, tea, coffee, and soups. Today biodegradable and recycled materials are also used that helps to boost the product’s shelf life

Various factors are propelling the cups and lids market growth. These factors, as specified by the Market Research Future (MRFR) report, include the growing trend for on-the-go food consumption, burgeoning demand for specialty beverages such as iced tea, and soups, rising trend of snacking, and increasing number of coffee shops across the world. Additional factors propelling market growth include growth of commercial foodservice, change in food consumption patterns, and growing demand for convenience and hygienic packaging. The exceptional properties of cups and lids such as lightweight, smooth rolled rims for a comfortable and safe surface, easy removal, snap-fit, leak-resistance applications, and cost-effective nature are also contributing to the market growth.

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On the contrary, the heavy competition between cups and lids manufacturers may impede the cups and lids market growth over the forecast period.

Key Players

Leading players profiled in the cups and lids market report include

  • WinCup (US)
  • Berry Global Inc. (US)
  • International Paper Company (US)
  • Bemis Company, Inc. (US)
  • Airlite Plastics Company (US)
  • PrintPack Inc. (US)
  • Huhtamäki Oyj
  • Reynolds Group Holdings Limited
  • Georgia-Pacific LLC (US)
  • Solo Cup Operating Corporation (US)
  • Greiner Holding AG
  • Clondalkin Group Holdings (The Netherlands)

Regional Analysis

Based on the region, the Disposable Cups with Lids Market report covers growth opportunities and the latest trends across the Asia Pacific (APAC), the Americas, Europe, and the Middle East and Africa (MEA). Of these, the APAC region will spearhead the market over the forecast period. This is owing to the presence of a huge population, increase in disposable income, the presence of numerous emerging economies, and the huge production of packaging materials here. China, as well as, India are the key contributors.

The cups and lids market in North America will have favorable growth over the forecast period. The US is the key contributor here. Factors pushing market growth in this region include rapidly changing lifestyle, changing food habits, the rapid expansion of the foodservice industry, and growing demand for a single serving, convenient packaging.

The cups and lids market in Europe is predicted to have a notable growth over the forecast period. This is on account of the presence of leading players in the region that are majorly focusing on cups and lids production made of recycled plastic. Cups and lids made of recyclable plastics are reducing the landfilling issues.

Disposable Cups with Lids Market Segmentation

The Market Research Future report provides a wide segmental analysis of the cups and lids market based on application, product, and raw material.

Based on products, the cups and lids market is segmented into cups and lids.

Based on application, the cups and lids market is segmented into retail, food service, food and beverage, and others.

Based on raw materials, the cups and lids market is segmented into plastic, paperboard, and others. Of these, the paperboard segment will have the largest share in the market over the forecast period.

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Summary

Global Digital Printing Packaging Market Statistics, Size, Share, Growth, Trends, Analysis by Packaging Type (Labels, Flexible Packaging, & Other), by Technology (Inkjet, Electrophotography & Others), by Application (Boxes, Cans, Bottles, and Others), by End-User (Food & Beverages, Personal care, Pharmaceuticals, Electronics Goods and Others) and by Region - Forecast to 2023

Digital Printing Packaging Market Drivers and Restraints

Digital printing packaging market has observed a tectonic surge over the past few years due to the massive demand from the personal care and F&B industries. As digital printing is more cost-effective and time savings, it is widely in practice. It also helps to cover complete information while offering improved print quality compared to other techniques. Such factors are expected to dictate the growth trajectory of the market across the globe. Digitally printed packages also help to enable faster marketing, improve the workflow, and allows innovative marketing. The recent developments in digital printing tactics for carton creasing, carton cutting, and other finishing technologies have broadened the application area in corrugated packaging, folding cartons, and flexible packaging. Packaging substrates like cartons, labels, and corrugated boxes have further provided the eye-catching commercialization to draw influence on the consumers.

Global digital printing packaging market, according to the analysis of Market Research Future (MRFR), is projected to expand at a CAGR of 10.5% during the forecast period.

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Competitive Analysis

The major market players of global digital printing packaging market include

  • Weber Packaging Solutions Inc. (U.S.)
  • W S Packaging Group, Inc. (U.S.)
  • Xerox Corporation (U.S.)
  • I. du Pont de Nemours and Company (U.S.)
  • Hewlett-Packard Inc. (U.S.)
  • Labels in Motion (U.S.)
  • Xeikon N.V. (Netherlands)
  • Mondi Group (South Africa)
  • Quad Graphics, Inc. (U.S.)
  • Reel Appeal Limited (U.K.)

Segmental Analysis

The global digital printing packaging market has been segmented on the basis of technology, type, application, and end-user.

Based on the mode of type, the digital printing packaging market has been segmented into labels, flexible packaging, and others. the labels segment is likely to gain eminence owing to its multiple applications such as displaying titles, variable text, numbering and sequential barcodes, or graphics, and also to adds more value to the product.

on the basis of technology, the digital printing packaging market comprises of inkjet, electrophotography, and others.

The application segment comprises of boxes, cans, bottles, and others.

the end-user segmentation of digital printing packaging market comprises of Food & beverages, personal care, pharmaceuticals, electronics goods, and others. Among these, the food & beverage segment is touted to dominate the market share in the coming years. The increasing demand for branded and packaged products is expected to drive the segment. The growing demand for labeling and product differentiation for their substantiation further drives the market growth in this segment over the review period.

Regional Analysis

the digital printing packaging has been segmented on the basis of region, into Europe, North America, Asia Pacific, and the Middle East & Africa.

Considering the global scenario, the Asia Pacific region is estimated to lead the global digital printing packaging market. The growth can be attributed to the increasing disposable income among the individuals, along with the changing lifestyle. The presence of emerging economies like India and China is predicted to contribute to the growth of the market. In this region, China is likely to occupy the largest market share due to the evolving F&B and healthcare industries. Moreover, the growing manufacturing activities, large consumer base, and the overall positive economic environment are likely to dictate the growth trajectory of the regional market.

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Table Of Content

1Executive Summary

2 Research Methodology

2.1 Scope Of The Study

2.1.1 Definition

2.1.2 Research Objective

2.1.3 Assumptions

2.1.4 Limitations

2.2 Research Process

2.2.1 Primary Research

2.2.2 Secondary Research

2.3 Market Size Estimation

2.4 Forecast Model

3Market Dynamics

3.1 Market Drivers

3.2 Market Inhibitors

3.3 Supply/Value Chain Analysis

3.4 Porter’s Five Forces Analysis

4Global Digital Printing Packaging Market, By Packaging Type

4.1 Labels

4.2 Flexible Packaging

4.3 Metal Packaging

4.4 Other

Continues…..

Related Report : https://www.marketwatch.com/press-release/packaging-printing-industry-2019-size-global-share-trends-analysis-target-audience-financial-overview-revenue-segments-future-scope-growth-prospective-and-regional-forecast-to-2022-2019-10-22

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Summary

Global Form Fill Seal Market Growth, Trends, Opportunities, Future Scope, Size: by Product (Bags, Cartons, and others), by Type (Horizontal, and Vertical), End-Users (Food & Beverages, Personal Care, Pharmaceuticals, and Others), and Region - Global Forecast to 2023

Form-Fill-Seal Machine Market Overview

Form-fill-seal machine, as the name suggests, is a computerized assembly line product packaging system that can form the packages, fill them with wet or dry products and can seal them, too. Equipped with advanced control systems and automated interfaces, these form-fill-seal machines are highly efficient and can operate at high speed. These machines are used in a number of industries such as food & beverages, electronics, chemical, and pharmaceuticals.  The form-fill-seal machine increases productivity,. which influences end-use industries in accepting the machine as a part of their system. This provides better operational bandwidth that can cover extended product line and diversified packaging sizes all at once.

Owing to these advantages and the technological innovations that have transformed these machineries into a more advanced/ SMART form; the global form-fill-seal machine market is growing vibrantly, enjoying tremendous market traction. 

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Acknowledging the exponential accruals, the market is vibrating with currently, Market Research Future (MRFR) asserts that the global form-fill-seal machine market is estimated to perceive a moderate growth by 2023, registering a CAGR of 5% throughout the forecast period (2017 – 2023).

Major Players

  • Krones AG (Germany)
  • GEA Group AG (Germany)
  • Robert Bosch GmbH (Germany)
  • Sacmi Filling S.p.A. (Italy)
  • Pro Mach, Inc. (US)
  • JBT Corporation (US)
  • Haver & Boecker OHG (Germany)
  • KHS GmbH (Germany)
  • Arpac LLC (US)
  • Scholle IPN Corporation. (US)
  • Mespack SL (Spain)
  • MDC Engineering, Inc. (US)
  • The Aagard Group, LLC (US)
  • ACG Worldwide (India), among others.

Industry/ Innovation/ Related News

February 05, 2019 --- Matrix Packaging Machinery Inc. (US), the industry-leading manufacturer of vertical form fill seal (VFFS) packaging equipment demonstrated its high-speed packaging machine and Multiple Bag and Pouch Sizes and Formats at WestPack 2019.

Matrix showcased two of its v/f/f/s baggers, a pre-made pouch filler and sealer and a stick-pack machine.

October 11, 2018 ---- Matrix Packaging Machinery Inc. (US), manufacturer of VFFS announced the development of a new high-speed, low waste form-fill and seal bagging solution for snack food packages. Matrix introduced the Morpheus continuous motion vertical form fill and seal (VFFS) machine integrated with the SmartGate™ product concentrator.

SmartGate is Matrix's patented product concentrator that would improve packaging line profitability for snacks packaged in 3.5-inch-wide bags and smaller. The output for this new solution would increase the number of filled packages produced per minute and reduce the number of wrongly sealed bags.

August 15, 2018 –--- Matrix Packaging Machinery Inc. (US), the industry-leading manufacturer of vertical form fill seal (VFFS) packaging equipment, launched the MVA3, a compact vertical form fill seal (VFFS) sachet packaging machine for mono doses of cosmetics, food, and other products. A pharmaceutical model is also available.

Global Form-Fill-Seal Machine Market – Segments

For a better understanding, the Form-Fill-Seal Machine Market report has been segmented into four key dynamics:

By Product               :  Cartons and Bags, among others.

By Type                      : Vertical and Horizontal, among others.

By End-user             : Personal Care, Food & Beverages, and Pharmaceuticals, among others.

By Region                 : Asia Pacific, North America, and Europe, and the Rest-of-the-World.

Global Form-Fill-Seal Machine Market – Geographical Analysis

The Asia Pacific dominates the global form-fill-seal machine market with its fast-growing market. Countries across the APAC are currently witnessing rapid urbanization and growth in the food & beverage industry, which in turn, is propelling the market. Additional factors substantiating the market growth include strong demand for low-cost machinery with high supplies and quality of the production and growing adoption of the product.

The market is estimated to post a substantial CAGR over the forecast period, followed by the North American market, which is expected to grow rapidly by 2023. Europe and Rest-of-the-World are also expected to grow at a considerable CAGR from 2017 to 2023.

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Form-Fill-Seal Machine Market– Competitive Landscape

Highly competitive, the form-fill-seal market appears to be fragmented due to the presence of several large and small-scale players. Well-established players incorporate acquisition, collaboration, partnership, expansion, and technology launch to gain a competitive advantage in this market.

These key players try to expand their existing production capacities to respond to the never-ending demand for sustainable, innovative biopolymer packaging material. They use futuristic technologies to develop machines compatible with biopolymers.  Through their sedulous research and development, these manufacturers develop various types of packaging machines for the liquid, viscous, and solid product. 

Related News : https://www.reuters.com/brandfeatures/venture-capital/article?id=108457

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Summary

Global Skin Packaging Market Growth, Size, Share, Trends, Future Scope by Material (polypropylene (pp), polyethylene (pe), polyvinyl chloride (pvc) and other), by Application (meat, poultry, cheese and others) and by Region - Global Forecast to 2023

Skin Packaging Market Overview

Skin packaging is a packaging process where the product to be packaged is placed on the substrate material, and then heated plastic film is draped over both the product and the substrate. The protective film cover is tightly drawn down the product with the help of a vacuum to make it safe, secure, and attractive. Skin packaging is cost-effective alternatives to other packaging forms such as blister packs, five-panel cartons, fold-over cards, and rack-hung thermoforms. Market Research Future (MRFR) has recently published a report on the global skin packaging market which covers key market insights gained from meticulous analysis of the pertinent trends and factors affecting the growth of the market over the forecast period of 2017-2022. As per MRFR's study, the global skin packaging market is anticipated to showcase steady growth over the forecast period.

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Plastic packaging is progressively being used as an alternative to glass packaging owing to various advantages associated with it, such as less weight, low requirement of packaging material, and cost efficiency.

Introduction of stringent food safety regulations across the globe and growing need to reduce food wastage has further propelled the demand for food packaging.

Competitive Landscape

  • The DOW Chemical Company (U.S.)
  • Sealed Air Corporation (U.S.)
  • Display Pack Inc. (U.S.)
  • Mondini SA (Italy)
  • LINPAC Packaging Limited (U.K.)
  • Bemis Company Inc (U.S.)
  • Westrock Company (U.S.)
  • Clondalkin Group Holdings B.V. (Netherlands)
  • Reynolds Flexible Packaging (U.S.)
  • Berry Global Group, Inc. (U.S.)

are the notable players in the global skin packaging market.

Skin Packaging Market Segmentation

The global skin packaging market has been segmented based on material and application.

By material, the global skin packaging market has been segmented into paper & cardboard, LDPE, PVC, and others.

By application, the global skin packaging market has been segmented into food, consumer goods, industrial goods, and others.

Regional Analysis

Region-wise, the skin packaging market has been segmented into Asia Pacific (APAC), Rest-of-the-World (RoW), Europe, and North America.

North America is the largest skin packaging market driven by the presence of an established food & beverage industry in the region, which generates considerable demand for skin packaging solutions. Moreover, the region has strict food safety regulations, which focus on efficient packaging solutions to curb the incidents of food poising. Moreover, the emergence of various eco-friendly skin packaging solutions in the region has supported the growth of the market. The presence of various food retailer in the region has substantiated the growth of the market. Additionally, the region is an early adopter of the latest packaging technologies which gives it leverage over others.

Europe too is a significant growth pocket for skin packaging. High focus on food safety and sustainability has driven the market in Europe.

The APAC market is anticipated to register the highest CAGR over the forecast period. The expanding pharmaceutical and F&B industry in the region are providing lucrative opportunities for the growth of the skin packaging market. The rise in disposable income and adoption of latest technologies in the region has also been a key contributor to the market growth.

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For Press Release, Click @ https://www.marketwatch.com/press-release/skin-packaging-market-2019-top-leading-players-global-analysis-opportunities-strategies-challenges-future-scope-business-growth-and-regional-forecast-to-2023---08-jul-2019-2019-07-08  

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Summary

Indoor Positioning and Navigation System Market, by Component  (Hardware, Software), by Technology (UWB,Bluetooth Low Energy, RFID, Cellular, WLAN) by Platform (Anroid Based, iOS Based), Forecast to 2023

Indoor Positioning and Navigation System Market Synopsis

The report published by Market Research Future (MRFR) reveals that the global indoor positioning and navigation system market is set to grow from USD 5.21 bn in 2017 to USD 24 Bn in 2023 by the end of the forecast period 2018 to 2023. The report has estimated that the market is set to expand at 30.5% over the assessment period.

The developments in new-age mobile systems led by the advancements in telecommunication technology are likely to expedite the adoption of indoor navigation and position over the next couple of years. While outdoor location services have already gained much popularity, indoor navigation is likely to gain quick mileage in the forthcoming years. The developments in communication devices and mobile technology have unleashed opportunities for growth in the indoor positioning and navigation system market.

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The growth of wireless technology is likely to capitalize on the proliferation of the indoor positioning and navigation system market over the assessment period. On the flip side, lack of product standardization is expected to hinder market growth in the years to come.

Competitive Dashboard

Some of the key players profiled are NovAtel Inc., Septentrio N.V., Trimble Inc., Insoft GmbH, Senion AB, Tersus GNSS Inc., Telit Communications PLC, Galileo Satelite Navigation Ltd., and Zebra Technologies Corporation.

Industry News

In February 2019, Albert Heijn, Holland’s largest supermarket chain, has finished a 12-week trial of lighting-based indoor positioning systems (IPS) at one of its stores in Amsterdam. It has further announced the successful implementation of its pilot.

In February 2019, the ultrasonic communication technology company, Sonarax, has announced the introduction of its machine-to-machine (m2m) connectivity that allows devices to communicate with one another leveraging sound waves. The technology can be applied for indoor navigation.

Market Segmentation

By technology, the global indoor positioning and navigation system market has been segmented into ultra-wideband (UWB), Wi-Fi, RFID, Bluetooth Low Energy (BLE), cellular based, and long-range wide area network (LoRaWAN). Among these, the ultra-wideband (UWB) segment has been projected to secure the pole position through the assessment period. Also, the RFID segment is anticipated to proliferate exponentially in the upcoming years. The segment has been projected to strike a relatively higher CAGR of 33% during the assessment period.

By component, the indoor positioning and navigation system market has been segmented into hardware and software. The hardware segment is further sub-segmented into sensors, RFID tags, cameras, and networking devices. The hardware segment, which was valued at USD 3.57 Bn in 2017, is likely to exhibit rapid expansion at 31.1% CAGR over the assessment period.

By platform, the global indoor positioning and navigation system market has been segmented into android based, iOS-based, and others. The Android based segment accounts for a major share of 45% currently and is poised to retain its dominant position over the next couple of years. However, the iOS-based segment has been prognosticated to exhibit a steeper growth pattern in the foreseeable future.

Regional Analysis

The global indoor positioning and navigation system market, by region, has been segmented into North America, South America, the Middle East & Africa (MEA), Europe, and Asia Pacific (APAC). North America is anticipated to register a CAGR of 28.3% and retain the forefront position over the assessment period. Europe is poised to trail North America in terms of revenue. It is estimated to reach a valuation of USD 6.39 Bn towards the end of 2023. Asia Pacific is prognosticated to strike a relatively higher CAGR of 34% across the assessment period. The Rest of the World is also anticipated to grow considerably over the next few years.

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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Summary

Global Virtual Reality Market Research Report: by Component (Hardware and Software), by Device Type (Head-Mounted Displays, Gesture Tracking Device, Projectors and Display Walls and 3D Cameras), by Technology (Non-Immersive, Semi-Immersive and Fully Immersive), by Vertical (Consumer Electronics, Aerospace and Defense, Healthcare, Commercial, Industrial and others) and Region (North America, Europe, Asia-Pacific, ROW) - Forecast till 2027

Virtual Reality Market Highlights

As per a detailed analysis by Market Research Future (MRFR), the virtual reality market is anticipated to touch a valuation of USD 100 billion, registering a CAGR of 37.4% during the forecast period (2017-2027). Virtual reality (VR) is considered as a computer-generated 3D environment which immerses the end-users in an artificial world. It provides a realistic user experience of the artificial world in an interactive simulated environment. Virtual reality is changing the way we interact with the environment and objects around us. Virtual reality offers a 3D computer generated an environment to an individual to interact and explore the virtual world. The technology is gaining prominence across entertainment, healthcare, education, real estate, etc.

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Prominent Players

Some of the Prominent Players in the global virtual reality market are Microsoft Corporation (US), Sony Corporation (Japan), Google LLC (US), Qualcomm Technologies, Inc (US), Facebook, Inc (US), Samsung Electronics (South Korea), Vuzix Corporation (US), Sensics, Inc. (US), Eon Reality, Inc. (US), Avegant Corporation (US), and Sixense Entertainment, Inc. (US).

Regional Analysis

The global virtual reality system market is spanned across North America, Europe, Asia-Pacific, and the rest of the world. North America is expected to be one of the largest markets with the highest adoption of virtual reality technology. For the purpose of analysis, North America has been segmented into the US, Canada, and Mexico. During the forecast period, the US is expected to be the leading region, growing at a CAGR of 38.05%, followed by Canada with 36.01%, and Mexico with 34.47%. The presence of key market players such as Microsoft Corporation, Google LLC, and Facebook Inc. in the US has driven the growth of the virtual reality market in the region. Moreover, increasing demand for VR applications in consumer electronics and gaming and entertainment industries is further expected to propel the growth of the virtual reality market in North America in the near future.

On the other hand, Asia-Pacific is expected to witness the fastest growth at a CAGR of 40.56% in the virtual reality market during the forecast period. Increasing investments in the technological developments and rising adoption of HMD for simulation and training purposes is driving the market in the region. The Asia-Pacific region has been segmented into five regions–China, Japan, India, South Korea, and the rest of Asia-Pacific. China is dominating the market in the Asia-Pacific region owing to various government initiatives supporting the growth of start-ups in VR technology. India is expected to grow with the fastest CAGR of 42.09% owing to the growing number of mobile-based VR application developers in the country.

Europe is witnessing a steady growth in the global virtual reality market. For the purpose of analysis, Europe has been segmented into five regions—the UK, Germany, Italy, France, and the rest of Europe. Growing media and entertainment industry, increasing VR applications in the education and healthcare sector, and strategic alliances among the key market leaders and new entrants are driving the market growth in Europe. The UK, Germany, and France are the major revenue contributors to the market in the region.

The Global Virtual Reality Market is expected to reach USD 101.2 Billion by 2027 at a CAGR of over 37.4% by the end of the forecast period 2017–2027.

Global Virtual Reality Market Segmentation

The global virtual reality market has been segmented on the basis of component, device type, technology, vertical, and region. Based on component, the market has been segmented into hardware and software. The hardware segment has further been divided into semiconductor components, sensors, and displays. The software segment has further been divided into software development kits and cloud based. The device type has been segmented into head-mounted displays, gesture tracking devices, projectors & display walls, and 3D cameras. The technology segment has been sub-segmented into non-immersive, semi-immersive, and fully immersive. The vertical segment has been sub-segmented into consumer electronics, aerospace & defense, healthcare, commercial, industrial, and others. The region includes North America, Europe, Asia-Pacific, and the rest of the world.

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Summary

Global High-Performance Computing Market Research Report, by Deployment (On Premise, On Cloud), by Vertical (BFSI, Manufacturing, Retail, Healthcare), by Component (Storage, Software, Server) – Forecast till 2023

High-Performance Computing (HPC)Market Insights

High-Performance Computing (HPC) products and services are revolutionizing efficiency across different verticals. HPC has increasingly been adopted for its ability to handle challenging workloads, improve overall efficiency and solve complex problems. Technological advancements in cloud-based computing, data convergence, and stable memory development are strong motivators for growth.

MRFR has predicted estimated market value of USD 50 billion by 2023 and a significant 8% CAGR during the forecast period 2017 - 2023. There is an active usage of HPC solutions in the government sector due to its abilities to assist in high-resolution image processing, satellite mapping and other defense and security applications. HPC has experienced a high adoption rate in industries such as aerospace, steel & welding, healthcare, finance, automotive and consumer packaged goods to name a few.

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Key Players

Eminent players, contributing to the competitive landscape that are analyzed in MRFR's report include, Advanced Micro Devices Inc., Hewlett Packard Enterprise Company, IBM Corporation, Oracle Corporation, Hitachi Ltd., Cisco Systems Inc., Dell Inc., Microsoft Corporation, Fujitsu Ltd., and Intel Corporation

Latest Industry News

ClusterVision, one of Europe’s leading HPC solutions specialists has been awarded the contract to commission National Supercomputing Centre's (NSC) flagship cluster named, Tetralith. The new supercomputer which will be located in Sweden is expected to be Scandinavia's more powerful supercomputer with a 60,544 core cluster which is based on Xeon Scalable processor.

GIGABYTE, a server hardware specialist in Taiwan has just released two new powerful 4U GPU servers. These servers offer strong parallel computing abilities that are powered by dual Intel Xeon Scalable processors with up to 28 cores per CPU.

Market Segmentation

The high-performance computing market has been segmented based on component, deployment, and verticals.

Based on component, the market has been segmented into server, storage, networking devices, and software. Although networking devices are projected to be the fastest growing segment during the forecast period, server currently leads the market and is expected to exhibit 12% CAGR during 2017 - 2023.

Based on deployment, the market has been segmented into on-premise and on-cloud. On-cloud implementation is expected to grow significantly during the forecast period due to its growing adoption globally.

Based on verticals, the market has been segmented into BFSI, IT & telecommunications, retail, manufacturing, healthcare, energy & utilities, transportation and others. IT & telecommunications industries are expected to drive the majority growth for this segment during the forecast period.

Regional Analysis

Analysis of the market based on geographical segmentation includes North America, Europe, Asia-Pacific and the Rest of the World (RoW).

North America leads the global high-performance computing market due to the rapid adoption of the latest technological advancements. The region also enjoys a strong presence of market leaders and rapidly developing supercomputing facilities. Majority of the growth in this region comes from the U.S. However, Canada is expected to contribute significantly to market growth during the forecast period.

The Asia Pacific has been projected to be the fastest growing region in the global market. Emerging economies are adopting high-performance computing solutions for various verticals. Growing awareness about these solutions has increased demand and as a result, will propel growth during the forecast period.

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