Luciferase Assays Market Production, Growth, Share, Demand and Applications Forecast to 2032

The global luciferase assays market is estimated to be valued around US$ 1.3 Billion in 2022, and is likely to surpass US$ 3 Billion by 2032. A bioluminescence experiment requires a paired set of biochemical: an enzyme named luciferase and a substrate, which is a molecule that emits light upon interacting with the enzyme or photoprotein. For each of the bioluminescent system required there is a unique co- factors and buffers that are required. Around us there are a lot of biological, natural and light producing systems which produces the enzyme named luciferases.

The substrate of luciferases is coin as luciferins. Emil Heinrich DuBois-Reymond, a German physiologist coined both these terms. Luciferases and luciferins are both involved in totally different reactions. For instance, the most commonly used luciferase detects the biological energy molecule adenosine triphosphate.

Luciferase Assays Market: Drivers and Restraints 

The market for luciferase assay is expected to upsurge owing to its penetrating usage in research to study the gene expression. Moreover, these luciferases has become powerful tool in molecular biology and genetic engineering where they have replaced chloramphenicol acetyltrans-ferase gene as a reporter. Bioluminescence is now filling its own niches as well as competing with chemiluminescence.

ATP detection via firefly luciferase, for example, has no chemiluminescent counterpart. There is tremendous technological development in the luciferase assay market where the current luciferase technologies permit the quantitative visualization of gene expression at single-cell resolution by imaging its luminescence in real-time using a highly sensitive charged-coupled device (CCD) camera.

Luciferase Assays Market: Segmentation 

On the basis of assay type the luciferase assays market can be segment as: 

  • Beta-galactosidase (LacZ) assays
  • Luciferase assays
  • Fluorescent protein related assays
  • Chloramphenicol acetyltransferase (CAT) assays
  • Others

On the basis of application the luciferase assays market can be segment as: 

  • Gene expression
  • Post-translational modification
  • Protein-protein interaction
  • Metabolic activity
  • Others

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Luciferase Assays Market: Overview 

These luciferases are used in bioluminescence assays as researchers believe that where there is light there would be ATP and measuring the light emitted while carrying out the bioluminescence assay is the measure of the metabolic activity. Today luciferases is used in all forms of testing to check the ATP. It is used to check the microbial contamination in many of the beverages company.

There are a number of studies going on where the researchers link the interest gene with the luciferases to study the metabolic activity. The investigator through this linkage is able to follow gene expression at different stages of development in a transgenic organism.

In terms of geography, luciferase assays market has been divided into seven regions including North- America, Eastern Europe, Western Europe, Asia- Pacific excluding Japan, Japan Middle-East & Africa and Latin America. North America is expected to remain the dominating region while Asia Pacific is expected to emerge as a fastest growing region.

Strong research funding and government to study newer assay methods makes North America the dominating region. Economically developing regions such as Asia Pacific has many companies focusing their resources in this region and trying to explore the luciferase assay market potential.

Luciferase Assays Market: Key Market Participants 

Some of the luciferase assays market participants are Life Technologies, Sigma Aldrich, Thermo Fisher, Promega, Clontech, Invivogen, Roche Applied Sciences, Switchgear Genomics, Origene, Perkin Elmer, EMD Millipore, Clontech, Gold Biotechnology, Lonza and GE Healthcare Life Sciences.

New product launch, collaborations and acquisitions are few of the strategies the luciferase assays market players undertake. For instance, Promega Corporation introduced a new product named Nano-Glo Dual-Luciferase Reporter (NanoDLR) Assay, a two-reporter system that incorporates NanoLuc luciferase technology, providing increased data quality and greater sensitivity for biologically complex applications.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaust analysis on 

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes 

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Table of Content

  1. Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

  1. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

  1. Market Background

3.1. Market Dynamics

3.1.1. Drivers

3.1.2. Restraints

3.1.3. Opportunity

3.1.4. Trends

3.2. Scenario Forecast

3.2.1. Demand in Optimistic Scenario

3.2.2. Demand in Likely Scenario

3.2.3. Demand in Conservative Scenario

3.3. Opportunity Map Analysis

3.4. Product Life Cycle Analysis

3.5. Investment Feasibility Matrix

3.6. PESTLE and Porter’s Analysis

3.7. Regulatory Landscape

3.7.1. By Key Regions

3.7.2. By Key Countries

3.8. Regional Parent Market Outlook

  1. Global Luciferase Assays Market Analysis 2017-2021 and Forecast, 2022-2032

4.1. Historical Market Size Value (US$ Mn) Analysis, 2017-2021

4.2. Current and Future Market Size Value (US$ Mn) Projections, 2022-2032

4.2.1. Y-o-Y Growth Trend Analysis

4.2.2. Absolute $ Opportunity Analysis

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Coronavirus Immunoassay Market Size, Share, Growth, Trends, Industry Analysis | 2032

As per Future Market Insights’ latest industry analysis, the global coronavirus immunoassay market was around US$ 3.7 Bn in 2021. Sales are projected to increase at a CAGR of 5.5% over the forecast period, with the market valuation reaching US$ 6.9 Bn in 2032.

COVID-19 has a wide range of clinical presentations, ranging from mild flu-like symptoms to life-threatening disorders, hence efficient testing during early stages of infection is critical for distinguishing COVID-19 patients from those with other illnesses.

Patients who are at a higher risk of having more significant COVID-19 symptoms can benefit from early diagnosis, which allows doctors to intervene quickly. More complex diagnostic testing based on viral genomic sequencing is critical for assessing the pace and degree of mutational variability associated with SARS-CoV-2, as well as finding new virus strains for more effective vaccine development.

“Increasing demand for reliable diagnostic tests and equipment, along with rising investments in the expansion of the healthcare infrastructure across emerging economies will augment the growth in the market,” says an FMI analyst.

Key Takeaways:

  • Based on product type, sales in the immunoassay kits & reagents segment are forecast to increase at a 5.4% CAGR through 2032.
  • In terms of assay type, the LFA assays segment will hold 45% of the total market share by 2032.
  • By purpose, demand in the clinical use segment will increase at a 5.1% CAGR through 2032.
  • Based on specimen type, Nasopharynx specimens are leading the market.
  • Clinical diagnostics hold around 4% of the coronavirus immunoassay market, owing to the high volumes of the infected patient population, post the advent of the COVID-19 pandemic.
  • Demand in the healthcare sector will grow at a 4.9% CAGR over the assessment period.

Competition Landscape

Key players operating in the coronavirus immunoassay market include Beckman Coulter, Thermo Fisher Scientific, DiaSorin, Shenzhen Bioeasy Biotechnology Co., Ltd. and others. With several key players with established presence existing in the market, consumers have more options for supply of necessary products.

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This scenario promotes market competition, thus, key companies typically use high-impact marketing campaigns and launch test kits with variety of innovation to attract customers. For instance:

  • In May 2022, Thermo Fisher Scientific and LabShares partnered to support the emerging Boston biotech ecosystem. This will help validate and commercialize the next generation of life-saving therapies, including the biotech and life science segments.
  • In May 2022, Babson and BD expanded their strategic partnership to advance diagnostic blood collection that will allow to move blood sample collection into new care settings, including enabling patients to collect blood samples at home for diagnostic testing.
  • In December 2021, PerkinElmer launched NEXTFLEX Variant-Seq SARS-CoV-2 Kit v2 to strengthen SARS-CoV-2 surveillance.
  • In April 2022, Abbott had overall 12 COVID testing solutions like BinaxNOW COVID-19 Antigen Self-Test and Panbio COVID-19 Antigen Self-Test. It also took the initiative of the Pandemic Defense Coalition, the first-ever industry-led scientific and global health partnership dedicated to the early detection of and rapid response to future pandemic threats.

What Does the Report Cover?

Future Market Insights offers a unique perspective and actionable insights on the coronavirus immunoassay market in its latest study, presenting a historical demand assessment of 2017 – 2021 and projections for 2022 – 2032.

The research study is based on the product – (immunoassay kits & reagents [kits, primary antibodies, secondary antibodies, immunoassay substrates, immunoassay buffers], analysers & instruments, consumables, and software), by assay (ELISA, FIA, CLIA, LFA, and others), by purpose (research use only, and clinical use), by specimen (blood, saliva, nasopharynx, and cell culture samples), by application (clinical diagnostics, drug discovery, and screening of diseases & disorders), by end user (healthcare industry, [human use, and veterinary]), across seven key regions of the world.

Key Market Segments Covered in Coronavirus Immunoassay Industry Research

By Product:

  • Immunoassay Kits & Reagents
    • Kits
    • Primary Antibodies
    • Secondary antibodies
    • Immunoassay Substrates
    • Immunoassay Buffers
  • Analysers & Instrument
  • Consumables
  • Software

By Assay:

  • ELISA
  • FIA
  • CLIA
  • LFA
  • Others

By Purpose:

  • Research Use Only
  • Clinical Use

By Specimen:

  • Blood
  • Saliva
  • Nasopharynx
  • Cell Culture Samples

By Application:

  • Clinical Diagnostics
  • Drug Discovery
  • Screening of diseases & disorders

By End User:

  • Healthcare Industry
    • Human Use
    • Veterinary

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East and Africa (MEA)

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Table of Content

  1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Analysis and Recommendations

  1. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

2.3. Inclusions & Exclusions

  1. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Product Innovation / Development Trends

  1. Key Success Factors

4.1. Disease Epidemiology

4.2. Key Strategies, by Market Players

4.3. Technological Advancements

4.4. New Product launches & Approvals

4.5. Regulatory landscape

4.6. Reimbursement Scenario

4.7. Value Chain Analysis

4.8. Product Adoption Analysis

4.9. PESTLE Analysis

4.10. Porter’s Analysis

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Heart Block Therapeutics Market Share 2022, Global Trends, Demand Factors And Outlook 2032

Global Heart Block Therapeutics Market was valued at US$ 3 Bn in 2021 and is expected to reach US$ 4.8 Bn by 2032, find Future Market Insights (FMI) in a recent market survey. As per the findings of the report, Pacemakers, among all products will garner significant demand in the market as the bulk of revenue will be generated through them. Revenue through pacemakers grew at a CAGR of 4.8% during 2015 – 2021.

Older Populace Swells Worldwide, Propels the Global Demand for Heart Block Therapeutics

According to the United Nations Department of Economic and Social Affairs, by 2050, the population of 60 years old and above is expected to reach 437 Mn in China, 324 Mn in India, 107 Mn in The US, and 58 Mn in Brazil. Hence, the growing older populace propels the worldwide Heart Block Therapeutics market as the older population is more prone to heart-related diseases. The World Health Organization (WHO) reported that around 524 Mn people represent the geriatric population in 2010 and by 2050, almost 2 Bn people will be geriatric.

The US Continues Being the Largest Revenue Stream for Heart Block Therapeutics Market

Heart Block Therapeutics market in the US to reach a valuation of US$ 1.7 Bn   by 2032. From 2015 to 2021, the market revenue through the US grew at a CAGR of 4.7%, while between 2022 and 2032, it is predicted to witness a CAGR of 4.1%. The combination of innovative treatment technology, adoption of digital solutions, and shifting provider and care delivery shifts provides the Heart Block Therapeutics Industry with tremendous growth potential in the United States. Between 2022 and 2032, the US is expected to be a market with a US$ 570.5 Mn absolute dollar opportunity.

“Introduction of artificial intelligence technology in the Heart Blockage surgeries will be the biggest step towards increasing the revenue growth of Heart Block Therapeutics Market” comments an analyst at Future Market Insights.

Heart Block Therapeutics Market: Competition Insights

The key companies dominating the Heart Block Therapeutics Market are St. Jude Medical, Medtronic, Bristol Myers Squibb, Novartis AG, Boston Scientific Corporation, BIOTRONIK SE & Co. KG, Edward Lifesciences Corporation, Abbott Laboratories, Natco Pharma, Pfizer Inc., Bayer AG, Astra Zeneca, Sanofi, Merck & Co., Inc., Gilead Sciences, Inc., F. Hoffmann-La Roche Ltd.

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Some of the recent developments by the key providers of Heart Block Therapeutics are as follows: 

  • In April 2022, Bristol Myers Squibb announced that they have received approval from US Food and Drug Corporation for its oral heart disease drug Mavacamten which will help in treating hypertrophic cardiomyopathy, a genetic heart disease that leads to sudden cardiac arrests in young people.
  • In June 2020, Edward Lifesciences Corporation (USA) confirmed that they have received Chinese approval for the SAPIEN 3 Trans catheter heart valve for the treatment of patients with severe and symptomatic aortic stenosis (AS) who are not able to undergo open-heart surgery.
  • In September 2019, Medtronic (USA) Received US Food and Drug Corporation clearance for its Next Generation Evolut PRO+ TAVR System for the Treatment of Symptomatic Severe Aortic Stenosis in Patients. The Evolut PRO+ TAVR System includes four valve sizes with an external pericardial tissue wrap that provides advanced sealing for the largest indicated patient treatment range and the lowest delivery profile currently on the market.
  • In March 2019, Abbott (USA) Received US Food and Drug Corporation Clearance Anthos Therapeutics for Cardiovascular Drug Development which focused on advancing next-generation targeted therapies for high-risk cardiovascular patients.
  • In February 2019, Novartis AG and Blackstone’s Life sciences announced the launch of Anthos Therapeutics for the development of cardiovascular drugs. As part of this launch, Novartis has licensed to Anthos MAA868, an antibody directed at Factor XI and XIa, key components of the intrinsic coagulation pathway.
  • In January 2019, India-based Natco Pharma announced the launch of valsartan sacubitril, a cardiovascular drug that is used to treat congestive heart failure in patients.

Key Segments Covered in Heart Block Therapeutics Market Survey

By Type:

  • First Degree Heart Blocks
  • Second Degree Heart Blocks
  • Third Degree Heart Blocks

By Product:

  • Transcutaneous pacing (TCP)
  • Pacemaker
  • Mediation
  • Follow-up electrophysiology study

By End User:

  • Hospital Testing
  • Home Treatment
  • Clinics
  • Others

By Region:

  • North America
  • Europe
  • APAC
  • MEA
  • Latin America

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Table of Content

  1. Executive Summary

1.1. Global Market Outlook

1.2. Summary of Statistics

1.3. Key Market Characteristics & Attributes

1.4. FMI Analysis and Recommendations

  1. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

  1. Market Risks and Trends Assessment

3.1. Risk Assessment

3.1.1. COVID-19 Crisis and Impact on Heart Block Therapeutics

3.1.2. COVID-19 Impact Benchmark with Previous Crisis

3.1.3. Impact on Market Value (US$ Mn)

3.1.4. Assessment by Key Countries

3.1.5. Assessment by Key Market Segments

3.1.6. Action Points and Recommendation for Suppliers

3.2. Key Trends Impacting the Market

3.3. Formulation and Product Development Trends

  1. Market Background

4.1. Heart Block Therapeutics Market, by Key Countries

4.2. Heart Block Therapeutics Market Opportunity Assessment (US$ Mn)

4.2.1. Total Available Market

4.2.2. Serviceable Addressable Market

4.2.3. Serviceable Obtainable Market

4.3. Market Scenario Forecast

4.3.1. Demand in optimistic Scenario

4.3.2. Demand in Likely Scenario

4.3.3. Demand in Conservative Scenario

4.4. Investment Feasibility Analysis

4.4.1. Investment in Established Markets

4.4.1.1. In Short Term

4.4.1.2. In Long Term

4.4.2. Investment in Emerging Markets

4.4.2.1. In Short Term

4.4.2.2. In Long Term

4.5. Forecast Factors – Relevance & Impact

4.5.1. Top Companies Historical Growth

4.5.2. Growth in Automation, By Country

4.5.3. Patch  Management Adoption Rate, By Country

4.6. Market Dynamics

4.6.1. Market Driving Factors and Impact Assessment

4.6.2. Prominent Market Challenges and Impact Assessment

4.6.3. Patch  Management Market Opportunities

4.6.4. Prominent Trends in the Global Market & Their Impact Assessment

  1. Key Success Factors

5.1. Manufacturers’ Focus on Low Penetration High Growth Markets

5.2. Banking on with Segments High Incremental Opportunity

5.3. Peer Benchmarking

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Critical Care Patient Monitoring Products Market Trends, Overview, Industry Growth And Forecast To 2032

The critical care patient monitoring products market is expected to grow at a CAGR of 8.6%. The introduction of remote monitoring systems, mobile cardiac telemetry devices, mobile personal digital assistant (PDA) systems, ambulatory wireless EEG recorders, and ambulatory event monitors are significant drivers boosting the critical care patient monitoring products market’s growth. Critical care units are special departments of health care facilities that caters to critically ill patients or those with life threatening severe illnesses. Thus, critical care units can be defined as the area of health care facility which is equipped with special resuscitation as well a monitoring equipment that are essential in order to address critical emergencies. The critical care unit necessitates close monitoring and support by means of specialist equipment which ensure normal functioning of the various organs of the body. The various equipment that serve the function of monitoring and addressing critical conditions of patients comprise hemodynamic monitoring products, vital signs monitoring products, neurologic monitoring systems among the others.

Critical Care Patient Monitoring Products Market: Drivers & Restraints

The global critical Care Patient Monitoring Products market is expected to witness a steady growth during the forecast period. The growth of overall health care sector during the forecast period is expected to influence the growth of global critical care patient monitoring products market. Besides this, the major driving factors for global critical care patient monitoring products market are population aging and an increase in rate of chronic diseases. Moreover, increase in number of health care facilities across the globe is expected to fuel the growth of global critical care patient monitoring products. Also, Increase in lifestyle influenced diseases such as coronary heart diseases, along with the growing affluence has resulted in a steady growth in demand for critical care patient monitoring products. On the flip side, the high cost of these critical care products can act as an impediment to the growth of global critical care patient monitoring products market.

On the basis of geographic regions of the globe, global Critical Care Patient Monitoring Products market is segmented into seven major segments. These key market segments are North America, Western Europe, Eastern Europe, Asia Pacific, Japan, and Middle East & Africa, Latin America.

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Region-wise Outlook of the Critical Care Patient Monitoring Products Market:

On the basis of geographic regions of the globe, global Critical Care Patient Monitoring Products market is segmented into seven major segments. These key market segments are North America, Western Europe, Eastern Europe, Asia Pacific, Japan, and Middle East & Africa, Latin America.

Competitive Outlook for the Critical Care Patient Monitoring Products Market:

Medtronic plc is a global leader in critical care patient monitoring products. In the critical care patient monitoring products market, Medtronic plc (US) offers a wide range of products, including neuromonitoring, respiratory monitoring devices, cardiac monitoring devices, and blood glucose monitoring devices.

BIS, the brain monitoring system, is the company’s flagship product and one of the most extensively utilised systems in the critical care patient monitoring products market. With increased investment in its R&D department, the firm is focusing on innovations and enhancing the quality of its products. Medtronic’s global reach allows it to serve sales of critical care patient monitoring products customers from more than 150 countries, including Germany, the United Kingdom, New Zealand, Australia, and the United States

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 Table of Content

  1. Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

  1. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

  1. Market Background

3.1. Market Dynamics

3.1.1. Drivers

3.1.2. Restraints

3.1.3. Opportunity

3.1.4. Trends

3.2. Scenario Forecast

3.2.1. Demand in Optimistic Scenario

3.2.2. Demand in Likely Scenario

3.2.3. Demand in Conservative Scenario

3.3. Opportunity Map Analysis

3.4. Investment Feasibility Matrix

3.5. Value Chain Analysis

3.5.1. Profit Margin Analysis

3.5.2. Service Providers

3.6. PESTLE and Porter’s Analysis

3.7. Regulatory Landscape

3.7.1. By Key Regions

3.7.2. By Key Countries

3.8. Regional Parent Market Outlook

  1. Global Critical Care Patient Monitoring Products Market Analysis 2017-2021 and Forecast, 2022-2032

4.1. Historical Market Size Value (US$ Mn) Analysis, 2017-2021

4.2. Current and Future Market Size Value (US$ Mn) Projections, 2022-2032

4.2.1. Y-o-Y Growth Trend Analysis

4.2.2. Absolute $ Opportunity Analysis

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

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Road Aggregates Market | Size, Application, Revenue, Types, Trends in Future, Scope to 2025

Aggregates are the major component that are used in road construction among all other materials. It is normally used as a base layer for road construction. Road Aggregates are the granular materials such as gravel, limestone, crushed rock that are used along with water, cement for their final application on roads.

Road aggregates finds its application in construction of road over bridges, bypasses, flyover, stand-alone roads, tunnels, underpasses, and others. As there is surge for new road projects, the road aggregate market is expected to gear up in the coming years.

Global Road Aggregates Market: Region-wise Outlook

The global road aggregates market is projected to witness a moderate growth from 2015 to 2025. According to FMI forecasts, the market in Asia-Pacific region is expected to grow at fastest CAGR in the coming years. Western Europe and North America are the matured market for global road aggregates market.

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Global Road Aggregates Market: Drivers

Investments in new and improved roads is accelerating the growth of road aggregates market. Aggregates are consumed in large quantities to meet the repairs & maintenance as well as the new road construction projects and other infrastructure development activities.

It also includes many different grades of sand and gravel which vary in their geologic origin and in their processing techniques such as crushing, screening and washing. The product type is manufactured as per the engineering specifications required for the road projects.

Aggregate is not only used in the construction of new highways, but also in reconstruction, rehabilitation and widening already existing highways. Road standards are changing overtime, modifications in aggregate specifications have led to increased usage of percentages of stone, with greater amount of crushed particles.

These changes have resulted in more aggregate being laid down on highways. All these factors together drive the road aggregates market during the forecast period.

Global Road Aggregates Market: Restraints

The restraints that are hindering the growth of global road aggregate market includes factors such as high cost of transport and environmental effects of the supply of aggregates.

Global Road Aggregates Market: Competitive Landscape

Key players in the global road aggregates market focus on product innovation and introduction of new product grades in order to outperform competitors. Investment on research and development to provide high quality and different grades of road aggregates as per the changed aggregate specifications is also a major strategy that is followed by major players in the global road aggregates market.

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Global Road aggregates Market: Key Players

Some of the major players identified in the global road aggregates market are LafargeHolcim Group, Wharehine, Aggregate Industries, Okanagan Aggregates Ltd., Rock Road Companies Inc., Kuari Pati Sdn Bhd, Hanlon Concrete, etc.

Road Aggregates Market

Global road aggregates market is segmented into type, application, and region.

The global road aggregates market can be segmented on the basis of type which includes

  • granite
  • sand
  • gravel
  • limestone
  • crushed rock
  • others

On the basis of application the market can be segmented into

  • new construction
  • repairs & maintenance

The global road aggregates market can be segmented on the basis of region which includes

  • North America
  • Latin America
  • Eastern Europe
  • Western Europe
  • Asia Pacific Excluding Japan (APEJ)
  • Japan
  • The Middle East and Africa (MEA)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments.

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Advanced Automotive Materials Market | Size, Latest Trends, Regional Insights Dynamics By 2025

The fundamental function of advanced automotive materials is to reduce the weight of a vehicle. These materials finds use in a number of automobile applications, including interior, exterior, structure, and powertrain, among others. Advanced automotive materials reduces the overall weight of the vehicle, increasing the efficiency and thereby reducing the overall fuel consumption.

The advanced automotive materials possess better dimension stability than conventional materials, improved mechanical performance, and elevated service temperature.

Automotive OEMs are compelled to employ advanced automotive materials to ensure that the vehicles meet the increasingly stringent emission norms. A variety of factors involved in the evolution of advanced automotive materials are the necessity for improved fuel economy, growing vehicle performance requirements, higher power requirements, and the requirement for a superior driving experience.

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Global Advanced Automotive Materials Market: Segmentation

Global advanced automotive materials market is segmented into types of material, region, and application. The global advanced automotive materials market includes a variety of materials such as metals, engineered plastics, thermoplastic elastomers (TPEs), and composites.

Metals are segmented into high-strength steel (HSS), stainless steel, aluminum, powder metals and others, whereas engineered plastics are segmented into nylon, ABS, polycarbonate, polyphenylene oxide, etc. Thermoplastic Elastomers include thermoplastic vulcanizates, thermoplastic polyolefin, thermoplastic polyurethanes, styrene block copolymer, copolyester elastomer, and others.

The composites are segmented into carbon fiber reinforced plastic (CFRP) and glass fiber reinforced plastic (GFRP). Region wise, the global advanced automotive market is segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan, and MEA and in terms of advanced automotive material applications the market is divided into interior, structural, exterior, structural, powertrain, and others.

Global Advanced Automotive Materials Market: Region-wise Outlook

In North America, the U.S. accounted for the largest share of the advanced automotive materials market in 2014. In the coming years, however, the developing regions like Asia Pacific are predicted to become lucrative regional markets for key players operating in the global advanced automotive materials market.

Sizeable population, economic development, stringent regulations regarding emission, increasing knowledge regarding eco-friendly systems, and benefits of better fuel efficiency are the major factors driving the growth of the advanced automotive materials market in this region.

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Global Advanced Automotive Materials Market: Drivers

The growth of the advanced automotive market is expected to be driven mainly by constant pressure to reduce the vehicle weight, thus improving fuel efficiency leading to lower CO2 emissions. Other important driving factors for the growth of the global advanced automotive market includes focus on safety, durability, noise and vibration, by replacing the traditional materials.

New process technologies, improvements in resins and metal alloys helps increasing the attractiveness of advanced automotive materials manufacturing, encouraging growth. Advanced automotive plastics use, in particular, has been encouraged by lower tooling costs relative to other materials.

The global advanced automotive materials market growth is also driven by the fact that advanced automotive materials provide higher strength as compared to the ordinary materials, facilitating higher energy absorption during crash.

Global Advanced Automotive Materials Market: Restraints

Some of the factors hindering the growth of the global advanced automotive materials market are limited raw material, increasing pressure for materials recycling, particularly for engineered plastics, and low awareness towards benefits of advance automotive materials, etc.

Global Advanced Automotive Materials Market: Key Players

Some of the major players identified in the global advanced automotive market are AK Steel, National Steel, General Electric, DuPont, Bayer AG, A. Schulman, Alcoa, Norsk Hydro, Johnson Matthey, ThyssenKrupp AG, Toray Industries Inc., ArcelorMittal S.A., and Novelis Inc., etc.

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Seam Welding Machine Is Projected To Rise At A Steady CAGR Of 3.8% During 2022-2032

The demand for seam welding machine is projected to rise at a steady CAGR of 3.8% during 2022-2032. The global seam welding machine market size is anticipated to be valued at US$ 1,415.6 Mn in 2022 and is projected to surpass US$ 2,055.5 Mn by 2032.

The growing demand from end users such as the construction and infrastructure, consumer durable goods, and transportation industries is propelling the growth of the seam welding machine market. Additionally, increased demand for new automobiles and aircraft, as well as increased use of seam welding machines in the construction and infrastructure industries, are expected to drive seam welding machine sales through 2032.

The seam welding machine produces a very strong weld. This machine’s precisely welded joint could be stronger than the material used to make it. As a result, this factor is propelling the market share of seam welding machines.

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The market for seam welding devices is expected to expand as the method and machine become more cost-effective. However, welding with this machine is only possible along a fixed curve or line. Welding becomes difficult when sheets that must be joined together have a thickness greater than 3 mm, limiting the growth of the seam welding machine market.

Furthermore, because the disc-shaped electrodes cannot exert the required uniform pressure, this machine cannot weld obstruction-causing metal sheets with uneven surfaces. Another issue in the market for seam welding machines is respiratory problems caused by the gases produced while welding coated metals and steels.

Regional Analysis

By 2022, North America is anticipated to have the second-largest market share, at 22.0% percent. Rapid industrialization, rising government investments in the building and infrastructure sectors, and end-users of seam welding machines are strengthening their presence in North America through expansions, alliances, and significant strategic moves. These are the factors anticipated to propel North America seam welding machine market growth during the projection period.

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Europe is expected to command a 24 % share of the seam welding machine market by 2022. This expansion is the result of factors such as ongoing improvements in welding and welding-related processes, automation trends, and advancements in infrastructure development and construction projects.

Furthermore, the rising sales of seam welding machine is brought on by the rapidly-industrialising nature of the area, the expansion of smart factories, and the adoption of industry 4.0 in manufacturing facilities.

Competitive Landscape:

These actions have made it possible for market participants to grow their consumer bases and operations. With the increasing demand for seam welding machines in the global market, market participants in the seam welding machine market can anticipate attractive growth prospects in the future.

The key market players profiled in the report include Cogentix Medical, Palex Medical SA, Medtronic PLC, and Rainbow Medical Group.

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Key Market Segments in the Seam Welding Machine Market

By Mode:

  • Intermittent Seam Welding
  • Continuous Seam Welding

By Product Type:

  • Manual Seam Welding Machine
  • Semi-Automatic Seam Welding Machine
  • Automatic Seam Welding Machine

By Wheel-Contact:

  • Wide wheel seam
  • Narrow wheel seam
  • Consumable wire seam welding
  • Mash seam welding
  • Foil butt seam welding

By End-Use Industry:

  • Industrial
  • Automotive Industry
  • Oil and Gas
  • Construction Industry
  • Others

By Region:

  • North America
  • Latin America
  • Asia Pacific
  • MEA
  • Europe

About Us:
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Demand For Hot Chamber Die Casting Machines Is Projected To Grow At A CAGR Of 5% Between 2022 And 2032

The global hot chamber die casting machine market size is expected to be valued at US$ 1,012.3 Million in 2022. With rising growth of end-users including automotive coupled with immaculate traits such as low cost runs and best-in-class finishing’s, the product is known for expelling casts in the required format from the molten feed. Overall demand for hot chamber die casting machines is projected to grow at a CAGR of 5% between 2022 and 2032, totaling around US$ 1,648.5 Million by 2032.

Hot chamber die casting machine is used to produce highly précised engineering die cast products by injecting molten metal into the molds called dies under very high pressure. These molds are used to produce complex shapes with high degree of repeatability, consistency and accuracy. Shape formed by the process have textured & smooth surfaces, dimensional consistent and sharp & well defined edges.

Hot chamber die casting machine is used to produce complex as well as simple parts of products ranging from toys to automobile and most of the volume produced is of metal. Hot chamber die casting machine involves the process in which molten metal is forced into a mold cavity under very high pressure. Dies are made of two halves and are reusable.

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When the metal sufficiently solidifies the actual casting is exposed by opening the two parts of the die. After that casting is removed from the die then the further operation is performed to give the final and finished shape to it. Generally hot chamber die casting machine is used for casting the metal having low or medium melting point.

Metals having high melting point is casted with the help of cold chamber die casting machine. Hot chamber die casting machine make the process efficient and economical by providing wide range of shapes. Shapes can be easily reproduced according to the demand with dimensional accuracy and stability.

Components of hot chamber die casting machine includes strong casting platen, control system, centralized automatic toggle lubrication system, motor driven pump pipe, piston, and injection system.

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Key Segments Covered in the Hot Chamber Die Casting Machine Industry Report

Hot Chamber Die Casting Machine Market by Product Type:

  • Hybrid Hot Chamber Die Casting Machine
  • Magnesium Hot Chamber Die Casting Machine
  • Zinc Hot Chamber Die Casting Machine
  • Electric Hot Chamber Die Casting Machine

Hot Chamber Die Casting Machine Market by Operation:

  • Fully-Automatic Hot Chamber Die Casting Machines
  • Semi-Automatic Hot Chamber Die Casting Machines
  • Manual Hot Chamber Die Casting Machines

Hot Chamber Die Casting Machine Market by End Use:

  • Hot Chamber Die Casting Machines for the Automotive Industry
  • Hot Chamber Die Casting Machines for the 3Cs Industry (Computer, Communication & Consumer Electronics)
  • Hot Chamber Die Casting Machines for Instrumentation
  • Hot Chamber Die Casting Machines for Others End Use Industries

Hot Chamber Die Casting Machine Market by Region:

  • North America Hot Chamber Die Casting Machine Market
  • Latin America Hot Chamber Die Casting Machine Market
  • Europe Hot Chamber Die Casting Machine Market
  • Asia Pacific Hot Chamber Die Casting Machine Market
  • Middle East and Africa Hot Chamber Die Casting Machine Market

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Key Players:

  • Teknomec
  • Suzhou Sanji Die-Casting Automation System Co.
  • Frech
  • Buhler AG
  • UBE Machinery Inc.
  • Toshiba Machine Co. Ltd
  • Toyo Machinery & Metal Co. Ltd
  • Bezel Impex Private Limited
  • Jiaxing Xiuzhou Wangdian
  • Italpresse Gauss
  • LK Technology Holdings

About Us:
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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North America Ceiling Cassette Market Is Expected To Grow At A CAGR Of 4.8% In The Forecast Period 2022-2032

The North America ceiling cassette market is expected to grow at a CAGR of 4.8% in the forecast period (2022-2032) and reach a valuation of US$ 3,427.1 Mn by the end of 2032. Rapid development of urban areas in North America and ongoing technological advancements in the field of air conditioning are projected to drive the market.

Besides, urgent need for energy-efficient ceiling cassettes and high demand from the retail sector are expected to bode well for the North America market. Increasing evolution of healthcare, commercial, and hospitality sectors across the U.S. and Canada is another crucial factor that would influence growth in the assessment period.

Investors across North America are nowadays renting out commercial properties to individuals or organizations who are further using the space to run their businesses. Industrial, retail, offices, lodging, and amusement are some of the key segments that come under commercial properties.

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Further, rising consumer spending is significantly influencing the demand for businesses across North America. As consumers are spending more money, downstream demand for goods and services is rising. It is thus encouraging companies to expand their production capacities. This factor is estimated to push the demand for more retail shops, offices, and warehouses, thereby driving the market.

The majority of the ceiling cassettes come with a built-in energy efficiency feature. Demand for ceiling cassettes is likely to expand at a fast pace stoked by easy availability of advanced heating, ventilation, and air conditioning systems. Compact design, easy installation, straightforward operation, and high process dependability are some of the new features of ceiling cassettes that would propel the global market in the next decade.

Leading market players are engaging in merger and acquisition activities to enhance their inorganic growth, strengthen product development, and expand their supply chain. In addition, these players are acquiring regional manufacturers and dealers to enhance their sales network within North America. A few other companies are investing huge sums to develop new manufacturing facilities for expanding their production capacities.

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Key Takeaways: North America Ceiling Cassette Market

  • By cooling capacity, the upto 5.8 kW segment is expected to remain dominant during the forecast period and will account for around 45% of market share by 2032.
  • By application, the ductless ceiling cassette segment is anticipated to grow at a CAGR of 4.9% throughout the forecast period.
  • By end use, the commercial segment is projected to lead the North America ceiling cassette market and create an absolute dollar opportunity worth US$ 998.6 Mn by 2032.
  • In terms of country, the U.S. ceiling cassette market is projected to exhibit a CAGR of 4.4% from 2022-2032.
  • Canada ceiling cassette market is anticipated to generate nearly 12% of the North America ceiling cassette market share by the end of 2032.

“Ongoing technological advancements and emergence of cutting-edge ceiling cassettes that consume less power, as compared to conventional ones are projected to drive the market,” says a Future Market Insights analyst.

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Competitive Landscape: North America Ceiling Cassette Market

The North America ceiling cassette market is moderately consolidated with leading players focusing on increasing their profit margins by relocating their manufacturing bases in Mexico from the U.S. and Canada to reduce taxes and labor costs. They are also aiming to broaden their geographic presence and improve customer service to strengthen their positions.

Some of the renowned tier 1 players in the market include Commercial Systems North America (Carrier), Mitsubishi Electric Trane HVAC US LLC, Lennox International, Inc, Daikin North America LLC, and Nortek North America HVAC among others.

More Valuable Insights on North America Ceiling Cassette Market:

The research report analyzes the market demand trend for the North America ceiling  cassette. The North America market is based on macroeconomic factors, market trends, & market background. As per Future Market Insights’ research scope, the North America ceiling cassette market report is studied and analyzed in the following segments- cooling capacity (up to 5.8 kW, between 5.8 – 14 kW, and above 14 kW), end use (residential, industrial, commercial, healthcare, hospitality, retail, and others), product type (ducted ceiling cassettes and ductless ceiling cassettes), and countries. The ceiling cassette market report gives us qualitative and quantitative information about the companies.

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Switchgear Market Is Expected To Reach At US$ 72.44 Bn In 2021 – 2031-Future Market Insights

The switchgear market Despite the fact that many end users in areas like East Asia and South Asia Pacific are expected to be negatively impacted, FMI anticipates that the global switchgear market will grow at a 6.9% CAGR through 2031.

The switchgear market has been witnessing moderate growth since the last few years. This growth is projected to continue due to the increase in demand for energy. A switchgear controls the voltage fluctuations of a building and prevents sudden supply breakdown.

Switchgears are used across diverse applications including T&D utilities, commercial, industrial and residential sectors. Switchgear is a combination of component that are found in the grid, used for controlling fluctuation.

In its new study, ESOMAR-certified market research and consulting firm, FMI (FMI), offers insights about key factors fueling the demand for Switchgear. The report tracks the global sales of Switchgear in 20+ high-growth markets, along with analyzing the impact COVID-19 has had on the building and construction industry in general, and Switchgear in particular.

The report offers analysis of growth trajectory exhibited by the market in 20+ high-growth countries. It offers detailed insights on into factors that will be driving growth over the coming decade.

As T&D utilities sector estimated to witness healthy growth rate in the forecast period. According to the report, T&D utilities are expected account for nearly 46% of switchgears sold in 2021. Besides this, the demand is expected to surge in commercial, industrial, and residential sectors enabling growth in the market.

Key Takeaways

  • After a period of negative growth, the market will show impressive improvement, registering above 6% y-o-y growth in 2021
  • The U.S. is expected to account for over 60% of sales in North America
  • After a period of negative growth, the U.K. will exhibit above 6% y-o-y growth in 2021, emerging as a strong market for switchgears
  • Expansion of the energy and utilities sector will enable growth in Germany and France
  • Government initiatives are expected to support growth in Japan and South Korea

Increase in demand for advancement in the switchgear and advent of smart grid are expected to give impetus to switchgears. The use of the voltage fluctuator is very common in the heavy as well commercial sectors. It is used in the transmission and distribution of energy to consumer and for running machineries. The need of the energy is increasing day by day, which has been aiding the overall expansion of the switchgear market. ” says FMI analyst.

Switchgear market is likely to grow at a moderate pace during 2021-2031. However, as it is a matured market, companies are expected to concentrate on research and development activities and capitalize on opportunities especially in the field of T&D Utilities. Their key focus will however remain meeting requirements of consumers. Collaboration with local players and developing new technology in the form of smart grid and advanced switchgear are key strategies adopted by the market players.

Competitive Landscape

The market is fragmented, with key players accounting for approximately one fifth of the market share. These companies are likely to invest in new technology developments and expansion of their networks in order to maintain their market shares. Some of the key players in the market are ABB Ltd., Siemens AG, Schniender Electric, Havells India Pvt. Ltd., Hyundai Electric and Energy System, Fuji Electric, Powell Industries, etc.

Valuable Insights into Switchgear Market

FMI’s report on the switchgear market is segmented into six major sections – component (power distributor switch breaker, switch disconnector, MCCB, HRC fuse, earth switch, and MCB), voltage (low voltage, medium voltage, high voltage, extra-high voltage, ultra high voltage), construction type (outdoor, indoor, and others), insulation type (air insulated, gas insulated, oil insulated, and vacuum insulated), end use (T&D utilities, commercial, residential, industrial, and commercial), and region (North America, Latin America, Europe, East Asia, South Asia & Pacific, and the Middle East & Africa), to help readers understand and evaluate lucrative opportunities in the retail automation.

About Future Market Insights (FMI)

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

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